Hope Vs Realty of bitcoin

[FIFA worldcup]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

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[boyptc]

Many people think that bitcoin should move up in a straight line but this is not how the market works.

An investment that works like what they're liking, to a straight unstoppable increase, it's likely a scam if you look at the period of short term up to mid term.

Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

But looking at the outer part of the chart of an investment that's just consistently going up. Zooming in with corrections and dips are fairly normal. That's why for bitcoin if you're the type of investor and lacks of patience then it isn't for you and the same goes for the mid term investors.

Patient people wins this market.

[pooya87]

The problem is not the hope, it is listening to FUD. Many people have already learned that bitcoin price is not going to reach the "moon" overnight but they still need to also learn that there is no need for it to crash for any arbitrary reason just because some people are fearmongering.

For example take the recent events. Why did they panic sell and crash the market to $34k? Simply because they were manipulated as we can see price is back to trying to pass $40k again despite the reasons for the FUD not having gone away.

[uchegod-21]

The problem is not the hope, it is listening to FUD. Many people have already learned that bitcoin price is not going to reach the "moon" overnight but they still need to also learn that there is no need for it to crash for any arbitrary reason just because some people are fearmongering.

This is exactly my thought. In my peer it is only me that has the mind of leaving my bitcoin no many the nature of the market. But my friends pressure me alot, the other time they pressured me to the extent that I sold at lost and the next few days bitcoin is high again.

For the fact that bitcoin will not double my $500 to $1000 overnight also means that it will not crash my $500 to $0 overnight. But I don't actually know why the fear. If it is altcoins no problem, but this is bitcoin the king.

[dbc23]

It's a common scenario in every trading. Now two set of people move the Market namely the bulls and bears and they both struggle to gain dorminance in the market. Both in up and down trend we find both players actively involved although a trading session but the trend always determine who wins at the end of each session

[Poker Player]

I would say that this image is inaccurate. Something similar is what happens when HODLing Bitcoin, but if you are trading Bitcoin, the picture is going to be even more volatile.

This is generally common in the investment world. The road to profit is not a smooth one, it has many ups and downs, and those who endure the volatility for a premium asset they believe in for the long term are the ones who benefit the most.

[aruldaroy]

Many people think that bitcoin should move up in a straight line but this is not how the market works.

An investment that works like what they're liking, to a straight unstoppable increase, it's likely a scam if you look at the period of short term up to mid term.

Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

But looking at the outer part of the chart of an investment that's just consistently going up. Zooming in with corrections and dips are fairly normal. That's why for bitcoin if you're the type of investor and lacks of patience then it isn't for you and the same goes for the mid term investors.

Patient people wins this market.

Yes that's right because most of the easy things end in failure.  as well as investment we all are not easy all also need patience.
Bitcoin investment has a long life and has a big risk, only patient people can get through such market situation.
Ups and downs are normal things that happen in a market, but the cycle of time traveling down prices requires great patience.
Judging from the line of graphs that were made, it seems that the journey of an investor will be very easy, even though everything also needs a process
And mostly just patient people who always win.

[buwaytress]

I don't trade but I do sell regularly in an almost predictable, not very flexible timeframe, and I can tell you, that chart you got there is what I would say is very, very optimistic.

Accurate at a while before the start of a rally en route to an ATH but holding past a cycle looks way, way bloodier than that. Long flatflines and heart-in-your-mouth drops, everyone dropping like flies, the rest of crypto on life support as the doom prophets crawl out of the woodworks.

It is fun.

[Hypnosis00]

I don't believe it and I'm not an optimistic person this time. I accept, I was badly losing this time (I guess we all have this). The reality is that the market seems to have another huge drop again. We probably saw a straight line downward, a big opposite to the picture. But then, we couldn't lose our hope, it can be done sooner, yet we never know.

Well, I'm fine holding again, 1-2 years, I think this was over and we were able to see the market turn in green.
I think we have to prepare for the worse just like before.

[Kakmakr]

I think most people know that markets works like that, but the thing that they are not prepared for ..is the extreme volatility. They buy at the wrong time, when the price is at a All-time-high and the media is all hyped up about that.... and then the price drop fast and they start to panic. (This is where they are losing their hope and this is where they are losing the opportunity to make some profits)

They will start selling when the paid shills in the media are at it's most active... these people are paid to spread uncertainty and panic.. when the Bitcoin price is dropping.... so people fall for that and they panic sell.  

[Fortify]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

Do you even know what the words all time high even means? As there are many "all time highs" within the graph you've posted yet you seem to think it only applies to the final point which is where it magically stops higher up on the graph. What you really seem to mean is you should hold bitcoin forever with no end goal in site, which is meaningless because most people have hopes and dreams that require money to fund. If you want to live a life, you have to exchange your money for food, bills, holidays, car payments, etc. unless you wish to live like a hermit forever and waste it all. You also seem to confuse trading with investing, when there can be some fairly distinct differences that would take a book to describe.

[virasog]

The problem is not the hope, it is listening to FUD. Many people have already learned that bitcoin price is not going to reach the "moon" overnight but they still need to also learn that there is no need for it to crash for any arbitrary reason just because some people are fearmongering.

For example take the recent events. Why did they panic sell and crash the market to $34k? Simply because they were manipulated as we can see price is back to trying to pass $40k again despite the reasons for the FUD not having gone away.

My question is why the fud feels so real. When bitcoin fell to 34,000$, no one seems to be telling it will bounce from here. The social media analyst were screaming that it will go to 20,000$ because of this war. They reminded us constantly about the march 2020 covid crash and told us that this is a similar crash. Many people sold their holding and later price instead of going further down, started to rise and is near 39,000$.
When these analysts will give us hope that bitcoin is over 40K and bull run is about to start, the bitcoin will start dumping.

[Imran232]

..........................

But what I believed was that there must be hope and what turned into reality, but it takes time, dude. Look at the chart of Bitcoin and don't compare it with the recent ups and downs. Compare the price with 2010's bitcoin price. Now what will you see? Obviously, only a pump. Yes, I believe that if you are invested in a good cryptocurrency such as Bitcoin, you simply need to wait.Take an example: if you were invested in 2019 at a price of $8000, you might have seen the price go down and up, like you saw the price go up to $60k and now the price is around $38k. When compared to $60k, the price is lower, but when compared to the previous price of $8k, it is higher. So what is now the hope and reality game? I believed the bitcoin price was a time-frame. because it is both an asset and a source of wealth. My opinion regarding hope and reality.

[kaya11]

If you see it very clearly those hopes are somehow true, it is a straight line upwards. Look in the chart data in a different angle or point, or zoom it out, the uptrend is like a straight line. Fact's never lie and as far as I know you still earn an approximate 28686.16% of ROI when bought in times of launch, this the reality and somehow people are blind in this fact.

 

[The Cryptovator]

Those who have bought at a high price and held for a long time are expecting a straight move which wouldn't happen ever. Bitcoin is the most popular cryptocurrency because of its volatility. So that traders and holders could take advantage of the volatility. Which wouldn't happen ever that shouldn't be expected. If Bitcoin starts straight line then people would lose interest to take entry which will stop straight line automatically. Believe it or not, psychology is directly related to Bitcoin pump and dump. We can't read traders' minds, that's why price pump and dump will exist forever.

[pinggoki]

You don't have to sweat about it OP, it's free to dream and wonder a perfect market movement. I'm pretty sure that the people that you're talking about knows it too. Maybe you're just trying to dispel the illusion so people don't get their hopes up when the market suddenly goes down. Let them hold on to that hope, they're not hurting anyone.

[sarmrakib]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

Hope is just a dream what shows on the first pic the flat straight up line .The reality is so clear that market goes always through ups and down .However i think the picture is really true for them who are new on trading or panic seller who just don't able to hold our valuable asset .I never sell my asset on loss .We have seen in past that market went totally downtrend even btc was near around 3/5K$ after that what it has gifted us that it has touched ath continuously and we made enough profit .It was not a straight uptrend it was an ups and down always .So that we need to be more patient and enter on the right time when market on more deep and exit with profit .

[TradeCrypto]

Most of the new age investors want the graph to look like this (the 1st Graph), they are entering into crypto nothing but because of FOMO! They need overnight success but don't know anything about the technology behind this and how crypto works!

[noorman0]

Honestly I didn't expect the first chart to happen, it's not a market scenario but more of a hype scheme. You will always think that all the time you hold it is considered "too early" to take profit. But behind it will be a concern that the bubble will suddenly burst and all will leave the place.

After all, I've come across such chart patterns several times but it's really painful to know.

[Similificator]

Indeed, which is why dozens of people lose their money in huge scales. The main cause of this is that most of the people that enters in this industry enters due to hype. They don't even know entirely what bitcoin or Blockchains are. Let alone market behaviour and more complicated stuff. They just jump in head first all because they saw someonr posting video or crypto content on social media boasting gains and all when the market is green then some I told you so videos when they managed to get some guesses about some shitcoin right.

I am not sure where the blame should be pointed at but every man is responsible for his actions. Being skeptical is common sense with something you don't understand and this is where the urge for learning comes from. If a person does not act on this urge, regardless of your reason you deserve losing your money on investing in something you barely even know about.

- On a side note though, it's quite good that the number of people doing high leverage orders decreased a lot in the past months(just read it somewhere but I am sure the source was credible just lost the link) which indicates that more traders are starting to mature. The best part? Despite the fud bombarding this industry today, the number of people letting go of their coins are decreasing. Seems like people are starting to understand how huge the potential of bitcoin is and how cheap it is today compared to its growth potential.

[molsewid]

Honestly I didn't expect the first chart to happen, it's not a market scenario but more of a hype scheme. You will always think that all the time you hold it is considered "too early" to take profit. But behind it will be a concern that the bubble will suddenly burst and all will leave the place.

After all, I've come across such chart patterns several times but it's really painful to know.

Neither I, I mean before I jump off here at the crypto community I already did my own market research, how the market goes on, what are the common thing affecting market and so on. Expecting the first graph is not ideally but maybe dreaming that maybe it could came true could be possible but putting an expectation out of the market you know on the first place volatility dominates is not ideal. That's why many people lose money because they thinking that they will see a market trend like the first graph.

[pawanjain]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.


snip

That's the worst diagram I have seen to display what the reality is. I get your point on how trading really is.
But you could have used a better image to post. The reality diagram has some points on the picture where the line is moving backwards and then again upwards.
In reality, the charts never go backwards. In fact you could have used the original bitcoin chart zoomed out to max itself.

[Ararbermas]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

Being lack of knowledge especially when it comes trading isn't really safe to be honest, because there's a lot of things that we need to learn in order understand how market really works..

Some says market is like a roller-coaster wherein after it goes down it will going up immediately like the drawing on the left side above.
But unfortunately that's not how it works!
Because the drawing in the right side is the real proof that can really tell how difficult to see and to understand how bitcoin really works and i totally agree with that bececause every form of candles and structure in the market has a reason and we should know about that.

Knowledge is the key! so always remember guys don't rush the situation..  

[Leviathan.007]

This topic is not a long topic with an article but the point you mentioned here in the topic is a good point I have many friends introductions about bitcoin and since they are all new to investing they expect to see the super bullish movement like every day and the price should not even do any corrections at all while they are wrong, no matter on what market you are investing bitcoin gold or stocks markets the price is different in these markets but in any market, you cannot expect to see always bullish price movements.

[Sterbens]

Therefore, investing in Bitcoin is better for the long term and let unimportant news pass like the wind. Making short-term investments in Bitcoin won't feel too overwhelming. What needs to be done is drop money in Bitcoin and leave news stories that make you mentally give up ownership. The Fud out there regarding Bitcoin is too dangerous to continue following.

[FIFA worldcup]

If you see it very clearly those hopes are somehow true, it is a straight line upwards. Look in the chart data in a different angle or point, or zoom it out, the uptrend is like a straight line. Fact's never lie and as far as I know you still earn an approximate 28686.16% of ROI when bought in times of launch, this the reality and somehow people are blind in this fact.

 

This only means that either the people don't have the patience or they are too much afraid that they tend to sell in panic. Is there anyone from 2010-2015 holding bitcoin till now?  Those few people would be real legends.

[Quidat]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

This is how newbies or noobs do really believe on and cant really deny that when we are still noobs too then we do have mainly this kind of impression.Am i right?
You would able to realize things when you do actually have that real experience on dealing with the market and those first impression or mindset of yours would be
totally changing on what it is. This is how reality works and this is why you should really be that aware and be realistic on what would be your targets.

[Zanab247]

Bitcoin is dynamic which it changes by pumping today and start dumping tomorrow which everybody must understand about bitcoin. Now that the price has increased small in the exchange market that is giving many customers hope that the price will definitely reach $50 before the end of next month. Investing on bitcoin now is a good choice because the price is still low for customers to buy more and hold for the price to go higher before they can sell to make a good income.

[taufik123]

When they understand the way the market works, of course their thinking will not be that easy to see Bitcoin continue to rise without any decline. Remember that Bitcoin or Cryptocurrency is very volatile and it goes on quickly. To be able to follow the Bitcoin Hartga need to analyze technically and it is very much needed so that it can predict where the price will go. And this price is also manipulated by some Whales who tried to set prices with them as they please, but it won't be that easy. Bitcoin price at this time is reaching a new ATH and it will certainly happen but it takes time.

[nurilham]

Before entering the crypto world we must know that the crypto market is up and down and unpredictable. we must be able to adapt first to the ups and downs of the crypto market so that we can understand the market well. The crypto market cannot match our expectations so we must be able to follow the crypto market. when the market goes up we sell and when the market goes down we buy. many people lose money when investing because they are too panicked about the crypto market going down, even though this is a common thing that happens and we just need to wait for the market to recover. it's not an easy thing to wait but it's better than selling it when the market is down.

[Luqman]

You are discussing Bitcoin investment or Bitcoin trading? If you want to discuss Bitcoin trading, I think this thread should be moved to Trading Discussion https://bitcointalk.org/index.php?board=8.0.

The reality in trading Bitcoin is never the same as expected since we only think about good things in trading. In reality, there are too many challenges and obstacles that come suddenly, never expected before. However, the final hope to succeed in trading isn't something impossible, dude. It can be achieved someday after experiencing many pains or losses in trading. As time goes by, we will learn many things from experiences that can lead to success.

[lalabotax]

Isn't it funny sometimes when faced with the real reality? Sometimes or even often, what we happen is not what we expected or dreamed of, especially in the crypto market. This is advice and self reminder for us to stay on track, stay focused on what can be done right now, not on hopes that may be difficult to achieve. So it must have some plans.

[jostorres]

We can't expect market to be stable, we can only wish for it, inorde to make huge profit we need to be patient  and become a longtime hodler instead of short time hodler, and we should just assume that we put our asset in a fixed account, unless if you are a passive trader regular trading following bitcoin market volatile price can make a good profits if not keep holding.

Only people who are day traders should be trading Bitcoin on a short term. Some investors who has no single clue on how day trading works, and are meant to be holding long term, would be making the mistake of trying to trade Bitcoin on a short term and they end up losing their money, and missing the opportunity of being in the market while the prices and low and holding until the market’s huge. If you are not someone who can predict the direction the market is heading to on a short term, your best decision to make would be to simply invest and hold your coins for a long term and not just hoping in and out every little time.

[Odusko]

The market does not respond to feelings but the volume of demand, a lot of investors dive into Bitcoin when the price was at its all high of 60000 dollars or above and are now on the lookout to when the price will jump to 100000 dollars to cash out profits if you take Bitcoin as a get rich quick scheme you will get frustrated because Bitcoin is an unstable digital currency that its value can change at any time be it up or down.

[Mamun74]

Most of the new investor want to buy dip and they want to sell pump in short time.But Reality is bitcoin is long time survive crypto but i think new investor Doesn't know it.Market dip right now.But hopping bitcoin price will be more increase in this year.I hope bitcoin price will hit $70k+ this year.

[teosanru]

Exactly the truth but from a trader's point of view, this is hard to predict. As per the chart, there is just one good strategy which is to HODL which is just the half truth. Trading too can be profitable but only with the correct knowledge, you should correlate all the indicators to know which fall is a correction and which one is a crash, also you should be ready to take STOP loss if you are proved wrong. The truth is even a trader's capital will increase in this manner only the way the chart on the right is moving. It's just that people stop trading after their first crash and don't follow their strategies and then the downfall of their capital begins.

[BitcoinsGreat]

Exactly the truth but from a trader's point of view, this is hard to predict. As per the chart, there is just one good strategy which is to HODL which is just the half truth. Trading too can be profitable but only with the correct knowledge, you should correlate all the indicators to know which fall is a correction and which one is a crash, also you should be ready to take STOP loss if you are proved wrong. The truth is even a trader's capital will increase in this manner only the way the chart on the right is moving. It's just that people stop trading after their first crash and don't follow their strategies and then the downfall of their capital begins.

If both the investors and traders know the true potential of bitcoin, they will never ever sell in loss. Even if the war news or any other news brings bitcoin down, it will be temporary. We have seen in the past that all such events could not dump bitcoin for a long time. There was always buyers and whales who are willing to buy bitcoin cheap from us.

[Ziskinberg]

The market does not respond to feelings but the volume of demand, a lot of investors dive into Bitcoin when the price was at its all high of 60000 dollars or above and are now on the lookout to when the price will jump to 100000 dollars to cash out profits if you take Bitcoin as a get rich quick scheme you will get frustrated because Bitcoin is an unstable digital currency that its value can change at any time be it up or down.

That is why I've never thought that ever nor did I expect that much. Soon to get reached but we have to consider first the reality that Bitcoin is that high if the demand is small, it is only found sustainable and able to top another high if adoption will go farther beyond today. We're not giving up yet and being hopeless for not seeing it reach $100k but unfortunately, it doesn't go that easy and fast. Sometimes we got bothered too.

[dezoel]

Personally I think that’s a dumb thinking. I do see people who think that way, that Bitcoin would just keep on going up a straight line, and it gets really annoying when you’re trying to explain all these things to them. Even after you might have explained it all to them, they still see it as a difficult thing to understand, which I don’t really like at all. Bitcoin is a market, and demand and supply plays a role here, the market will always keep going up and down and not just moving straight up.

The good thing about Bitcoin is that a good long term choice. It has the highest trade volume and is the number one Bitcoin in the market in terms of popularity and the first to be created, so the values keeps going up.

[livingfree]

It wouldn't be a risk any longer if the journey is all sweet and rosy, I don't even see the sense in such reasoning, like is the a business that goes all smoothly without a little crash here and there???

People with this mindset though aren't traders, they're are does who doubt the genuineness of Bitcoin.

They just want to be sure with what they have and that's really wrong thinking.

All they want is to see the good journey but are not prepared for the roller coaster ride which is one of the fun parts of investing and trading journey in bitcoin.

That thinking will suddenly change if they go through the ride when they've experienced how it feels to be up and down.

[boyptc]

But looking at the outer part of the chart of an investment that's just consistently going up. Zooming in with corrections and dips are fairly normal. That's why for bitcoin if you're the type of investor and lacks of patience then it isn't for you and the same goes for the mid term investors.

Patient people wins this market.

Yes that's right because most of the easy things end in failure.  as well as investment we all are not easy all also need patience.
Bitcoin investment has a long life and has a big risk, only patient people can get through such market situation.
Ups and downs are normal things that happen in a market, but the cycle of time traveling down prices requires great patience.
Judging from the line of graphs that were made, it seems that the journey of an investor will be very easy, even though everything also needs a process
And mostly just patient people who always win.

If you've been holding for so long, the risk won't be felt that much. You're just enjoying the ride and wave that bitcoin is making. It's like bitcoin is becoming part of your daily life and the dips and pumps are going to be normal to you.

That's the big risk that you're telling but it won't matter that much upon experiencing its market for that long. As you invest, you think of the reality that all of those successful people that have held bitcoin, they never became rich overnight.

But, they've exerted effort and became patient as they've held for so many years.

[Bitstar_coin]

The problem is not the hope, it is listening to FUD. Many people have already learned that bitcoin price is not going to reach the "moon" overnight but they still need to also learn that there is no need for it to crash for any arbitrary reason just because some people are fearmongering.

For example take the recent events. Why did they panic sell and crash the market to $34k? Simply because they were manipulated as we can see price is back to trying to pass $40k again despite the reasons for the FUD not having gone away.

Absolutely, people should really stop listening to fud and learn to take their decision base on their own research, some people just panic sell over every little news they read forcing the market to go down, yet they claim to have trust in btc, rumormongering will always try to cause chaos and fear in the mind of investors for whatever reason.
I already told myself no more, after what happened 2017/18 when i panic sell all my coins for cheap, i already learn and more understanding of the market now, nothing is making me to sell until when am ready to do so.

[Cryptmuster]

Absolutely, people should really stop listening to fud and learn to take their decision base on their own research, some people just panic sell over every little news they read forcing the market to go down, yet they claim to have trust in btc, rumormongering will always try to cause chaos and fear in the mind of investors for whatever reason.
I already told myself no more, after what happened 2017/18 when i panic sell all my coins for cheap, i already learn and more understanding of the market now, nothing is making me to sell until when am ready to do so.

You know, I haven't sold most of my coins since those years, and now they are almost worth nothing. These are mostly coins obtained from bounties, from old projects that are now worth nothing. So there is no one right decision on how to act, hold or sell right away. Now when I can analyze, I can say that selling immediately and transferring all funds to bitcoin would be the best solution.

[Pejoh Asu]

Since I know bitcoin since 2012 or 10 years ago I never thought that bitcoin would skyrocket to what it is now, the most important thing for me is invest and profit even though it is smaller, moreover my country is very strict in cryptocurrencies so many top exchanges like binance, kucoin, coinbase and so on cannot be opened on the web.

[Quidat]

Since I know bitcoin since 2012 or 10 years ago I never thought that bitcoin would skyrocket to what it is now, the most important thing for me is invest and profit even though it is smaller, moreover my country is very strict in cryptocurrencies so many top exchanges like binance, kucoin, coinbase and so on cannot be opened on the web.

No one knows on what would be the future looks like on which it would really be normal that you would really be missing out those kind of opportunities and to those who trusted up btc into those
early days are the ones who do make out big profits but its not really too late to get involved with even though possible profits might be small in long term and also minding off that we do have
other options specially when dealing with some altcoins too.

[isaac_clarke22]

I can just imagine many newbies thinking that such trading would make one rich overnight or even over a week. I personally had quit day trading even though I learned some parts of it like the Bollinger Band and RSI combination.
Other than those, there's not much. It's not worth my time and sanity to stare at the charts.

[Finestream]

Since I know bitcoin since 2012 or 10 years ago I never thought that bitcoin would skyrocket to what it is now, the most important thing for me is invest and profit even though it is smaller, moreover my country is very strict in cryptocurrencies so many top exchanges like binance, kucoin, coinbase and so on cannot be opened on the web.

No one knows on what would be the future looks like on which it would really be normal that you would really be missing out those kind of opportunities and to those who trusted up btc into those
early days are the ones who do make out big profits but its not really too late to get involved with even though possible profits might be small in long term and also minding off that we do have
other options specially when dealing with some altcoins too.

The good thing about bitcoin is even if it has a lot of fallbacks, at the end of the day its always bound to set into its new all time high. Yes, its very unlikely not to miss chances before bitcoin goes to its peak since no one really holds the future of bitcoin. And the more we keep our patience to invest and hold, or trade it, the higher the chances that we may end this journey successfully. I guess with bitcoin, the art of patience always matters in the end and those who tend to be more patient are most likely the winners in the end.

[Kasabus]

What you have to realize is that bitcoin or any other crypto currency is closely related to volatility, with that everyone can buy and sell by taking advantage of the ups and downs especially the traders who rely on it for profit.
there is no straight line in every investment and if there are all rich people in it, bitcoin moves up and down which will eventually tend to rise gradually and long term holders and who always take advantage of the downturn to make gradual purchases, and that is the winner who will get rich through long process and strong patience to achieve it.

Bitcoin is just like other investments that has its own risk because the future is still uncertain. But if you know how to take advantage every buying and selling opportunity, you will never experience much of its volatility effects and that the risk of losing in times of downturn is somehow minimized. But one thing is certain, bitcoin will not make you rich overnight, it will take a lot of years before you can say you have beat the tough and rough road to its success and made you rich eventually.

[AmoreJaz]

Since I know bitcoin since 2012 or 10 years ago I never thought that bitcoin would skyrocket to what it is now, the most important thing for me is invest and profit even though it is smaller, moreover my country is very strict in cryptocurrencies so many top exchanges like binance, kucoin, coinbase and so on cannot be opened on the web.

No one knows on what would be the future looks like on which it would really be normal that you would really be missing out those kind of opportunities and to those who trusted up btc into those
early days are the ones who do make out big profits but its not really too late to get involved with even though possible profits might be small in long term and also minding off that we do have
other options specially when dealing with some altcoins too.

The good thing about bitcoin is even if it has a lot of fallbacks, at the end of the day its always bound to set into its new all time high. Yes, its very unlikely not to miss chances before bitcoin goes to its peak since no one really holds the future of bitcoin. And the more we keep our patience to invest and hold, or trade it, the higher the chances that we may end this journey successfully. I guess with bitcoin, the art of patience always matters in the end and those who tend to be more patient are most likely the winners in the end.

bitcoin has proven its solid existence in the market. so despite the countless times of up and down movements, it stays at the top among all other alts. alts are getting abandoned day by day, and yet btc is still holding its position. so if you are confused with your decision where to put your extra funds, one better option is to put it in btc. and then, just decide to go for other alts if you find something worthy to invest with.

[kawetsriyanto]

Since I know bitcoin since 2012 or 10 years ago I never thought that bitcoin would skyrocket to what it is now,

Most people shouldn't predict accurately what will happen in the future. Even Satoshi may be surprised to see how great the development of Bitcoin price is and its adoption nowadays. But you must have a feeling that Bitcoin price must be growing continuously at that time? Have you bought some Bitcoin in 2012 and still hold them till now? If I were you, I have been already bought some Bitcoins in 2021. Unfortunately, I just know Bitcoin in 2017-2018, a bit late to buy Bitcoin, but not really too late.

my country is very strict in cryptocurrencies so many top exchanges like binance, kucoin, coinbase and so on cannot be opened on the web.

I guess you are from the same country as me.
If you are Indonesian, you must understand that our government allows Bitcoin/crypto investment. Our government only forbids Bitcoin or altcoins to use as payment tools since it breaks our laws. I think the government has given a good policy, they don't ban Bitcoin or altcoins at least. Regarding the difficulties to access some top exchanges, it may be related to your network provider issues.

[Natalim]

What you have to realize is that bitcoin or any other crypto currency is closely related to volatility, with that everyone can buy and sell by taking advantage of the ups and downs especially the traders who rely on it for profit.
there is no straight line in every investment and if there are all rich people in it, bitcoin moves up and down which will eventually tend to rise gradually and long term holders and who always take advantage of the downturn to make gradual purchases, and that is the winner who will get rich through long process and strong patience to achieve it.

Bitcoin is just like other investments that has its own risk because the future is still uncertain. But if you know how to take advantage every buying and selling opportunity, you will never experience much of its volatility effects and that the risk of losing in times of downturn is somehow minimized. But one thing is certain, bitcoin will not make you rich overnight, it will take a lot of years before you can say you have beat the tough and rough road to its success and made you rich eventually.

People will take risks if they know they can get something from that investment. And knowing BItcoin will somehow give them HOPE that someday this can make them rich. But, they have to understand first that the volatility of the market will give them a hard time because not all the time the price is bullish as bearish is also inevitable. That is the reality that we consider and think about of getting rich instantly is impossible.

[LUCKMCFLY]

Hope is something very different from what is the reality of BTC, because for the most part when you talk about hope in Wyckoff's books, hope is not very well taken, and when you talk about hope in Livermore's books they say that it is it must leave the market because they interpret it to stop losses, the reality of BTC is that at any moment it can go up, if it happens that it can make a movement, it will be much bigger than the last ATH, it could be said to almost reach $100 or more. The reality of BTC right now is that it may continue to go even lower because global fundamentals are scattering everything to do with the war, and this causes a unique level of panic.

[Zilon]

In reality Bitcoin moves in a parabolic and declining manner and which direction the market takes is dependent on the weight of the last investor based on capital intense. From all i have learnt from the market no move lasts for too long so instead of a total hodl i prefer a sell at interval so that if opportunity knocks for  a dip more can actually be bought. Because even the current dip might not be satisfactory enough to the market anything at the moment is obtainable

[maydna]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

In general, people who invest in Bitcoin are impatient to hold Bitcoin until it reaches its highest price. The price of bitcoin certainly will not be as beautiful as we imagine, the price of Bitcoin will often experience ups and downs before reaching its all-time high. Some investors sell their Bitcoins because there is something very important that they are forced to sell their Bitcoins even when the bitcoin price is down.

Besides being impatient, those who invest in bitcoin can become too greedy because they want more profit. That's what happens to many people, and sadly, they don't realize it. Their expectations for profit will not always be in line with the existing reality, thus preventing them from making a profit. In this case, we better be patient and wait for bitcoin to rise again. The ups and downs of the price are normal to be prepared for anything that might happen.

[Renampun]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.
...

You must have often heard the phrase "buying when the price is bull and then selling when it's bear"...

newbies who are not familiar with bitcoin certainly have this bad habit above, they only buy based on momentary emotions and if news about bitcoin prices rises, but when bitcoin prices go down they immediately panic and feel bitcoin is deceiving them. try to apply "buy when bear and sell when bull" then you will never experience a loss.

[SquallLeonhart]

Hope is something very different from what is the reality of BTC, because for the most part when you talk about hope in Wyckoff's books, hope is not very well taken, and when you talk about hope in Livermore's books they say that it is it must leave the market because they interpret it to stop losses, the reality of BTC is that at any moment it can go up, if it happens that it can make a movement, it will be much bigger than the last ATH, it could be said to almost reach $100 or more. The reality of BTC right now is that it may continue to go even lower because global fundamentals are scattering everything to do with the war, and this causes a unique level of panic.

Of course, "hope" is not accurate but the "reality" is, because that is the one that happens often. I think people already know that btc can face hard times a lot of times, that is why they are hoping for the best by the time they start investing.

Everything is possible in btc, it can go high, really high or it can go low, really low but there are no exact indicators that tell we have already reached those moments, that is why it's important to set your desired price but try to be realistic so that you won't miss any opportunities. Wars, on the other hand, have an effect on the price because panics cant be avoided but there are people that are calm and still use btc, making the price recover and increase.

[usekevin]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

It's true, the real crypto chart it won't be like an expected one.Their won't be steady rise or fall in the bitcoin price.Now due to Russian issue, the price of bitcoin was very low.Now you can buy huge amount of bitcoin with a short period of time.When the market up, the investors will get double or Triple of the investments.Selling bitcoin at low price is not a correct option. Instead of selling now hold and good profit.

[verita1]

Hope for a new bitcoin ATH. History repeats itself, there are investors who are looking for more profits, they don't even care about decentralization, or technology, just the ambition for money.
 
But despite everything, bitcoin is strong against any manipulation, while some let go of their bitcoins, others will keep them for a long time.

The market recovers as the conflicts that afflict us cease and confidence in bitcoin will reign because the FUD will have moved away.

[GeorgeJohn]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

Cryptocurrency market sphere and especially bitcoin market speculation is not something we can rely on or trust to infinity, it's very obvious that the price of Bitcoin is not constant or stagnant, it has rotational speculation  we know, while people adventure into the disadvantages of it, is when they purchase without reading the chart of cryptocurrency and comprehend it wisely, so that's the factor that leads whenever the price accelerates and some investors will be inquisitive to sell, and this also affects investor's that purchase when the price is high.

[CaVO32]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

Cryptocurrency market sphere and especially bitcoin market speculation is not something we can rely on or trust to infinity, it's very obvious that the price of Bitcoin is not constant or stagnant, it has rotational speculation  we know, while people adventure into the disadvantages of it, is when they purchase without reading the chart of cryptocurrency and comprehend it wisely, so that's the factor that leads whenever the price accelerates and some investors will be inquisitive to sell, and this also affects investor's that purchase when the price is high.

It is like expectation vs reality, and now, it is also true with bitcoin. I am sure some of these newcomers have high hopes when they entered crypto. They thought that what they were reading about getting rich in crypto is easy peasy. But to come find out that it is not a walk in the park to achieve such position. As bitcoin market is very unpredictable and it is influenced by many factors, it is hard to make short-term prediction. And so getting profits is not a guarantee in this market. You need to work on your analysis and trading, and it will take time. If you have no patience, then, this market is not for you.

[GeorgeJohn]

It is like expectation vs reality, and now, it is also true with bitcoin. I am sure some of these newcomers have high hopes when they entered crypto. They thought that what they were reading about getting rich in crypto is easy peasy. But to come find out that it is not a walk in the park to achieve such position. As bitcoin market is very unpredictable and it is influenced by many factors, it is hard to make short-term prediction. And so getting profits is not a guarantee in this market. You need to work on your analysis and trading, and it will take time. If you have no patience, then, this market is not for you.

Some times you won't blame newbies who adventure into cryptocurrency recently to turn to billionaire within short time frame, actually the good propagation of bitcoin investors is to known or study the radar of bitcoin chart and mastered it properly, some daily traders makes profit and also get lost in the market sphere because of lack studying or information.

[D ltr]

investing in bitcoin must be prepared with market scenarios, where market conditions are unpredictable and sometimes beyond logic,
For beginners, you may experience a small heart attack when you look at the current market, but this can be an early lesson for new investors that investing in crypto doesn't always have an upward trend.

[giammangiato]

Many people are afraid and sell, while others wait patiently, if you don't use your crypto and you always keep them still and you don't enjoy your life, even if they reach a very high value you will not have enjoyed all this! Adopting a beautiful technique, 40% of resources are invested, 40% are used and 20% hodla, for me until now it has worked through ups and downs

[fzkto]

investing in bitcoin must be prepared with market scenarios, where market conditions are unpredictable and sometimes beyond logic,
For beginners, you may experience a small heart attack when you look at the current market, but this can be an early lesson for new investors that investing in crypto doesn't always have an upward trend.

The problem can also be that many people do not invest in bitcoin with spare cash, but with money that may be needed at any time. And in those cases, that "anytime" is usually when the price has fallen and you have to sell cheap. Then, when the price goes up, you regret that you sold it cheap, but you had no choice. So you need to invest funds that are not urgently needed.

[StarKay]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

The truth is most people who do sell bitcoin at a loss see it as a get rich scheme and they don't expect it to lose like 20% of it's value, so if the price dips they'll listen to FUD and panic sell.

Only true enthusiast will hold BTC no matter the price because they know the true value of Bitcoin and that will not make them panic when the price dips.

[ChiBitCTy]

Of course and there’s no better example of this than the stock market at the current moment. There’s always going to be ups and downs. As I always tell all my clients, the absolute best time to buy is during down turns like we are experiencing right now. So buy low people !

[Zlantann]

There is no investment that promises only profit. Most successful entrepreneurs have failed so many times. This is because no business is accurately predictable.

Bitcoin like other investments are affected or influenced by several factors that makes the price go down or up. Yes we hope that we would make profit from bitcoin. But the reality is that you might even looks you capital. Hence, you must not use all your income to invest in crypto, its dangerous. You might also be fortunate and make money.

[isaac_clarke22]

~

Well not all, bruh.
I gotta admit that I sold few of my BTC when it was at its price right now instead of waiting it getting back to 60k+, but most of it are still in my disposal.
Many Bitcoin investors are for the long-term ones unlike those people who think that their shitcoin can still pump more than $.001.

[Quidat]

~

Well not all, bruh.
I gotta admit that I sold few of my BTC when it was at its price right now instead of waiting it getting back to 60k+, but most of it are still in my disposal.
Many Bitcoin investors are for the long-term ones unlike those people who think that their shitcoin can still pump more than $.001.

Success would vary and it would be on different level which is usually the case.It is just people do really have different targets when it comes into their investment.Some would be mindful
on making out action on a specific time or price target and this would re ally be different to each other.This isnt only limited on your Bitcoin holdings but also in other coins as well.
Profit is profit and that what surely counts and it is really just that some people doesnt really get contented on what they are currently earning.

[Rengga Jati]

- Hope: high expectation -> because of high prediction
  BTC is now at $50k
  BTC will be $100k and more in some next months later.

- Reality: one month later
  BTC is decreased to $45k
 
- Hope: no problem, BTC will be rising up again, optimistic
- Reality: BTC is decreased again to $35k and is still under $40k until there are so many FUD are spreading again and again.

Will be there any hope again? If it is Bitcoin, yes.
If it is about Altcoins,lets see what altcoins they are

It seems that every hope will be always high expectation, but reality cannot be manipulated and will happen as it is. 

[Vaculin]

- Hope: high expectation -> because of high prediction
  BTC is now at $50k
  BTC will be $100k and more in some next months later.

- Reality: one month later
  BTC is decreased to $45k
 
- Hope: no problem, BTC will be rising up again, optimistic
- Reality: BTC is decreased again to $35k and is still under $40k until there are so many FUD are spreading again and again.

Will be there any hope again? If it is Bitcoin, yes.
If it is about Altcoins,lets see what altcoins they are

It seems that every hope will be always high expectation, but reality cannot be manipulated and will happen as it is. 

That's the sad truth between expectations in bitcoin versus reality. Its highly volatile so we cannot expect for its price to always moves up, but it will always come back dropping no matter how hard we will manipulate it. And what saddened us more is that traders come into the market believing that bitcoin can easily hit $100k or more. But reality sucks. It can't even surpass $50k price right now due to market events and sentiments. But i know certainly, it will reach that price in due time. Patience matters this time.

[stomachgrowls]

- Hope: high expectation -> because of high prediction
  BTC is now at $50k
  BTC will be $100k and more in some next months later.

- Reality: one month later
  BTC is decreased to $45k
 
- Hope: no problem, BTC will be rising up again, optimistic
- Reality: BTC is decreased again to $35k and is still under $40k until there are so many FUD are spreading again and again.

Will be there any hope again? If it is Bitcoin, yes.
If it is about Altcoins,lets see what altcoins they are

It seems that every hope will be always high expectation, but reality cannot be manipulated and will happen as it is. 

That's the sad truth between expectations in bitcoin versus reality. Its highly volatile so we cannot expect for its price to always moves up, but it will always come back dropping no matter how hard we will manipulate it. And what saddened us more is that traders come into the market believing that bitcoin can easily hit $100k or more. But reality sucks. It can't even surpass $50k price right now due to market events and sentiments. But i know certainly, it will reach that price in due time. Patience matters this time.

Patience is indeed the key but altogether with having that wise mindset that you should really make out some actions so that you would benefit out possibly if the price would go up.

You wouldnt able to utilize the movement if you dont make out any decision whether you do buy or would just simply stare up and miss out those chances.
Stick out with the reality and dont being hopeful on things that you've been thinking that bitcoin should reach that because so  that it wouldnt really disappoint you.

[Marvell1]

There is no investment that promises only profit. Most successful entrepreneurs have failed so many times. This is because no business is accurately predictable.

Bitcoin like other investments are affected or influenced by several factors that makes the price go down or up. Yes we hope that we would make profit from bitcoin. But the reality is that you might even looks you capital. Hence, you must not use all your income to invest in crypto, its dangerous. You might also be fortunate and make money.

Even for traditional business, we won't always make a profit we can still lose or even go bankrupt. Crypto too, this is a tough business market influenced by many factors including politics. Crypto is considered the most volatile market in the world, so it won't be for us to always make a profit from cryptocurrencies.

[Sanitough]

There is no investment that promises only profit. Most successful entrepreneurs have failed so many times. This is because no business is accurately predictable.

Bitcoin like other investments are affected or influenced by several factors that makes the price go down or up. Yes we hope that we would make profit from bitcoin. But the reality is that you might even looks you capital. Hence, you must not use all your income to invest in crypto, its dangerous. You might also be fortunate and make money.

Even for traditional business, we won't always make a profit we can still lose or even go bankrupt. Crypto too, this is a tough business market influenced by many factors including politics. Crypto is considered the most volatile market in the world, so it won't be for us to always make a profit from cryptocurrencies.

That is true. All business or investments have their own risks so we cannot expect for all the things to happen on our own favor. Most of the times we lose and failed to grow our investment capital, same also with bitcoin. More particularly in trading as it has bigger risk than simply hodling. This is the reason why we need to prepare ourselves and be ready for losses when we decide to enter bitcoin trading. Trading has bigger opportunities to accumulate more profits and make us instantly rich, but it can also make us the poorest of the poor and leave us starving if we trade with wrong market timing and follow wrong market analysis.

[Japinat]

- Hope: high expectation -> because of high prediction
  BTC is now at $50k
  BTC will be $100k and more in some next months later.

- Reality: one month later
  BTC is decreased to $45k
 
- Hope: no problem, BTC will be rising up again, optimistic
- Reality: BTC is decreased again to $35k and is still under $40k until there are so many FUD are spreading again and again.

Will be there any hope again? If it is Bitcoin, yes.
If it is about Altcoins,lets see what altcoins they are

It seems that every hope will be always high expectation, but reality cannot be manipulated and will happen as it is. 

That's the sad truth between expectations in bitcoin versus reality. Its highly volatile so we cannot expect for its price to always moves up, but it will always come back dropping no matter how hard we will manipulate it. And what saddened us more is that traders come into the market believing that bitcoin can easily hit $100k or more. But reality sucks. It can't even surpass $50k price right now due to market events and sentiments. But i know certainly, it will reach that price in due time. Patience matters this time.

Patience is indeed the key but altogether with having that wise mindset that you should really make out some actions so that you would benefit out possibly if the price would go up.

You wouldnt able to utilize the movement if you dont make out any decision whether you do buy or would just simply stare up and miss out those chances.
Stick out with the reality and dont being hopeful on things that you've been thinking that bitcoin should reach that because so  that it wouldnt really disappoint you.

Simply, if you are not exposed in reality in trading, you will never learn to overcome your losses in the market. Trading is not just making profits but its more on wise decision making and making smart moves in the market so you can still be profitable despite of the market uncertainties. Howeever, if you are more driven with greed and more on profit making, then you will never sustain making long term profitability in trading.

[btc78]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

Who are those people ? because those who knows about crypto does not have that belief instead we knew that line is going Here and there.

What I'm saying here is that straight line will never happen until time comes that Crypto will be accepted by the whole world.

that is the reality of life and we cannot just pretend there is a straight value when there is nothing we can do about it.

[blatchcorn]

Yes, to be honest people who think that bitcoin will continue to go up in a straight line are people who want to quickly take advantage of this. sometimes, they end up saying that bitcoin is a scam.
they should have done their research by looking at market prices from year to year to get a big picture of what bitcoin is like. however, sometimes people who think like that only see the price changes that are currently happening. they are assuming, if they had bought bitcoin long ago, they would have made a huge profit today. and they invest in ATH, the price corrects again, and they panic, sell their assets, and brand bitcoin as a scam.

Patience is the key to success in every trading whether its crypto, equity, commodity or any other. There is no way you can become rich overnight and I do agree that people who jumped into crypto trading investment with mind that bitcoin will go straight up after they bought bitcoin just end up in loss (saying its scam).
"Although the best investors and traders understand the importance of patience, it is one of the most difficult skills to learn as an investor and trader.investopedia"

[rodskee]

As a trader, I never expect bitcoin to go only up because it happens it will get hard for me to make significant profits. I buy when the market dips and sell when the price is at its peak.

You are a trader? then you know that there is no truth in constantly increasing price and we need a downfall to make a money right?

So indeed that we are here to profit and not to keep waiting for years , and this is why we tend to look for another coins aside from Bitcoin lol.

Yes, to be honest people who think that bitcoin will continue to go up in a straight line are people who want to quickly take advantage of this. sometimes, they end up saying that bitcoin is a scam.
they should have done their research by looking at market prices from year to year to get a big picture of what bitcoin is like. however, sometimes people who think like that only see the price changes that are currently happening. they are assuming, if they had bought bitcoin long ago, they would have made a huge profit today. and they invest in ATH, the price corrects again, and they panic, sell their assets, and brand bitcoin as a scam.

that is the most stupid idea to buy that bitcoin will continue increase its value .

[Oasisman]

Yes, to be honest people who think that bitcoin will continue to go up in a straight line are people who want to quickly take advantage of this. sometimes, they end up saying that bitcoin is a scam.
they should have done their research by looking at market prices from year to year to get a big picture of what bitcoin is like. however, sometimes people who think like that only see the price changes that are currently happening. they are assuming, if they had bought bitcoin long ago, they would have made a huge profit today. and they invest in ATH, the price corrects again, and they panic, sell their assets, and brand bitcoin as a scam.

This is an old story for the hyped up people who believes Bitcoin is a get rich real quick scheme.
However, there are still a lot of people today who believes the same, not with Bitcoin but for the pump and dump alts.
Some are chasing FUDS.
What the reality is, Bitcoin is just like the other types of investments. It requires knowledge and patience.
Trading was never easy, may it be in cryptocurrency, stock, or forex. Even hodling was not as easy as you think as it will test your patience not only during bear market but also during bullish season.
 

[lombok]

As a trader, I never expect bitcoin to go only up because it happens it will get hard for me to make significant profits. I buy when the market dips and sell when the price is at its peak.

The ups and downs of bitcoin prices are normal for a trader, but nowadays there are many new investors who want to use bitcoins only for their profit and wealth, when the price of Bitcoin goes up they flock to buy it and when the price of bitcoin goes down they also sell it and think Scam,
Research on Bitcoin and Crypto is important before starting to enter the market.

That's right, maybe they are just investor hype. When the price of Bitcoin soared to reach ATH, many people were talking, social media and news were buzzing about the increase in Bitcoin reaching hundreds to thousands of percent, this would certainly be interesting for people to enter the Bitcoin market. For those who are tempted to make big profits without knowing their knowledge and without thorough research, they will be trapped and result in losses. This is the importance of learning before trying new things, Bitcoin here I categorize new things for ordinary people. It is unfortunate that people want instant without trying.

[acener]

Well like it or not I think it is what most of the newbies in crypto are hoping for,
But for those of us who have been around know too well how reality works and it wouldn't always be an uptrend so we should be prepared for it.
We are aware that there would always be a price drop and we couldn't be so sure about the future.

[Uang_kartal]

That's right, maybe they are just investor hype. When the price of Bitcoin soared to reach ATH, many people were talking, social media and news were buzzing about the increase in Bitcoin reaching hundreds to thousands of percent, this would certainly be interesting for people to enter the Bitcoin market. For those who are tempted to make big profits without knowing their knowledge and without thorough research, they will be trapped and result in losses. This is the importance of learning before trying new things, Bitcoin here I categorize new things for ordinary people. It is unfortunate that people want instant without trying.

I agree, bro, talking about easy and magical multiplication is what everyone wants, including me.😁
but the reality of the market is in control.
we follow, if you look at the flying hours of course different between investors and traders, willing to profit, willing to lose everything, we have to minimize risk. New investors should not eat Fomo without prior experience.
about my hope, i can save btc every week and btc will prosper again i am sure in the future ATh last year will pass this year.and its time to shop

[lombok]

That's right, maybe they are just investor hype. When the price of Bitcoin soared to reach ATH, many people were talking, social media and news were buzzing about the increase in Bitcoin reaching hundreds to thousands of percent, this would certainly be interesting for people to enter the Bitcoin market. For those who are tempted to make big profits without knowing their knowledge and without thorough research, they will be trapped and result in losses. This is the importance of learning before trying new things, Bitcoin here I categorize new things for ordinary people. It is unfortunate that people want instant without trying.

I agree, bro, talking about easy and magical multiplication is what everyone wants, including me.😁
but the reality of the market is in control.

This makes us reluctant to deepen knowledge and learn something that is still relatively new. Because our minds are closed and filled with lust. In fact, the market will move up and down according to developments or problems in a project, plus there are issues of new use cases, new technologies that fix it, where basic information like this we can find on the internet freely and for free, but we ourselves are reluctant to look for it information because of the hype.

we follow, if you look at the flying hours of course different between investors and traders, willing to profit, willing to lose everything, we have to minimize risk. New investors should not eat Fomo without prior experience.
about my hope, i can save btc every week and btc will prosper again i am sure in the future ATh last year will pass this year.and its time to shop

New investors and traders should learn about risk management. For those who are long-time players, they can deepen or use their experience as a guide in investing.
I really appreciate your belief that crypto/bitcoin will reach new ATH in the future. Of course to reach new ATH there will be extreme ups and downs, so use your best strategy to enter the market, such as buying crypto the DCA way.

[Kasabus]

As a trader, I never expect bitcoin to go only up because it happens it will get hard for me to make significant profits. I buy when the market dips and sell when the price is at its peak.

The ups and downs of bitcoin prices are normal for a trader, but nowadays there are many new investors who want to use bitcoins only for their profit and wealth, when the price of Bitcoin goes up they flock to buy it and when the price of bitcoin goes down they also sell it and think Scam,
Research on Bitcoin and Crypto is important before starting to enter the market.

  Most of the new investors today are more on profit motivated so whatever they think is right, they will instantly grab it not knowing that it could make them lose. The crypto market may be a good source of income and profits, but it can also be a reason to lose all what you have.  This is why learning first before entering the market is a must because if you buy and sell in crypto without its right timing, you will never make good profits from it. Trading needs good market analysis to win such trades, but if you not aware about its technicalities, you will never grow and lasts in trading.

[TheGreatPython]

That's right, maybe they are just investor hype. When the price of Bitcoin soared to reach ATH, many people were talking, social media and news were buzzing about the increase in Bitcoin reaching hundreds to thousands of percent, this would certainly be interesting for people to enter the Bitcoin market. For those who are tempted to make big profits without knowing their knowledge and without thorough research, they will be trapped and result in losses. This is the importance of learning before trying new things, Bitcoin here I categorize new things for ordinary people. It is unfortunate that people want instant without trying.

I agree, bro, talking about easy and magical multiplication is what everyone wants, including me.😁
but the reality of the market is in control.
we follow, if you look at the flying hours of course different between investors and traders, willing to profit, willing to lose everything, we have to minimize risk. New investors should not eat Fomo without prior experience.
about my hope, i can save btc every week and btc will prosper again i am sure in the future ATh last year will pass this year.and its time to shop

One of the reasons why there are a lot of people who are willing to risk their money is that they already made so much. When you are in crypto and you made 5x profits, you could easily spend a few of that into spending at silly stuff hoping it will go up. That is how things like shiba went up, many people made money from top names, and even doge, and then when they had so much profit that they invested into shiba.

The ATH of bitcoin is always broken, it may take a few months, it may take a few years but it will always be broken. I am 100% certain that we will be above 68k+ again. I do not know when that will be, but I know that it will happen for sure.

[Maidak]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

The trading strategy in your photo looks almost identical.   
The reality is more difficult, you know. people just want to do one-way trading, they always think upwards. As soon as there is a slight correction in the market, they get upset and leave the market in fear. This type of behavior is seen only among online traders, real hodlers are never disturbed/upset during the correction period, they just take the opportunity to buy more in the dip.

[Uang_kartal]

~Snip~

Of course to reach new ATH there will be extreme ups and downs, so use your best strategy to enter the market, such as buying crypto the DCA way.

That's true, my friend, about a preparation for us to face all conditions in market sentiment. I've done the DCA technique, it's even better if we still have it in savings.
  because in the past I've bought on a market other than bitcoin, and it's quite disappointing for a price beyond the price of btc as below. indeed, by dividing several options it is buy but all the funds I deposit on the exchange still the desire to speak for greed, this makes me more Be careful and more concerned with analyzing 5 coins with the best transactions 24 hours before if you want to buy, how do you buy when you have good hopes with today's prices, brother?

[Sled]

Well, I will not be going to erase any possibility that our hope will come to reality. Yes, most of the time it won't but if we are tired of waiting, this is really be going to happen somehow. But what we gonna see this time is really in the opposite direction. But the time may come someday that the market will give us some favor and hear our hopes, we are just about to extend our patience as we know the market not all the time in bullish, dumps is also inevitable.

Only the thing I can say is not to lose hope, it is really be going to happen momentarily. It is sometimes we need to wait longer.

[darkangel11]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

The trading strategy in your photo looks almost identical.   
The reality is more difficult, you know. people just want to do one-way trading, they always think upwards. As soon as there is a slight correction in the market, they get upset and leave the market in fear. This type of behavior is seen only among online traders, real hodlers are never disturbed/upset during the correction period, they just take the opportunity to buy more in the dip.

You have to grow up with bitcoin. Most of the people that I know who had bitcoins in the early days made this mistake of chasing profits and selling everything at first high or first low. Then they kept observing how it moves and understood their mistakes. Some needed a few months to buy back, some a few years but they eventually came back and held for a long time, ignoring the short-term volatility.
Once you've been through a full bull-bear cycle you become immune to hype and panic.

[mamunsk987]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements may be this month  go up  bitcoin

[famososMuertos]

Maybe an exchange could have that precise data: how many people of the new depositors of the year 2021 invested at least $ 100 dollars in bitcoin and then sold.

I think there is a matrix on this subject that is not so real, also you have to consider, if they sell because they really do not trust bitcoin or they sell simply because they need them.

[uneng]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

Who are those people ? because those who knows about crypto does not have that belief instead we knew that line is going Here and there.

What I'm saying here is that straight line will never happen until time comes that Crypto will be accepted by the whole world.

that is the reality of life and we cannot just pretend there is a straight value when there is nothing we can do about it.

Those are short term investors who are always in a hurry for fast profit, and since they have heard bitcoin is able to rise a lot and fast in price, they imagine their investments' value will be doubled or even more in weeks or a month or so, but once they see the market crashing, they start panicking and sell their coins on the wrong time, because they can't wait to use the invested amount anymore or are too afraid of the future to keep the money invested.

As you said, a straight line can never be expected, so the investment must be done aiming long term returns. For this reason, patience and cold blood are needed during the bearish times.

[lombok]

~Snip~

Of course to reach new ATH there will be extreme ups and downs, so use your best strategy to enter the market, such as buying crypto the DCA way.

That's true, my friend, about a preparation for us to face all conditions in market sentiment. I've done the DCA technique, it's even better if we still have it in savings.
  because in the past I've bought on a market other than bitcoin, and it's quite disappointing for a price beyond the price of btc as below. indeed, by dividing several options it is buy but all the funds I deposit on the exchange still the desire to speak for greed, this makes me more Be careful and more concerned with analyzing 5 coins with the best transactions 24 hours before if you want to buy, how do you buy when you have good hopes with today's prices, brother?

The current market conditions are a reflection of the OP's picture regarding market movements. By the time BTC hit ATH yesterday I had already sold 75% of my holdings at around $65K. From the sale, my initial fund was returned plus profit in USDT. So the USDT that I currently hold will be used to buy BTC gradually if it experiences a price decline with a portion of 5 percent at each price I have set.

My goal in doing that is, if BTC goes down in price then my BTC holdings will increase. But if BTC hasn't reached ATH in this halving period I still have 25%.

We never know what the market will do but if we are patient, calm and stick to our methods, I am sure the market will give you good results.

[HunterBTC]

progress for the purpose of the dominant cryptocurrency in various countries with the currency it owns.  The possibility of Bitcoin getting higher because many use it for non-cash payments with billions of users.

[JohnBitCo]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

The good thing is that for those people who hope that bitcoin will reach a new all time high, bitcoin will not disappoint them however it may take a longer time and longer path. This is the reality of bitcoin which everyone should know. When everyone knows that bitcoin will cross all time high in the coming month and years then why do they need to sell their holding in spot in a loss? Those who hold bitcoin in futures are only at the risk of liquidation in case the market moves in the opposite direction.

[fzkto]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements may be this month  go up  bitcoin

But it may not go up. These are not stable times around the world, and the price of bitcoin relative to its last peak is still not small, meaning that so far the price has fallen by less than half. As history shows, this value could be much more than half before the price starts to rise again. But I also think that bitcoin is now somewhere around the local bottom and some coins can be bought now.

[Slow death]

if someone shows up and asks:

when high Is high?

when low Is low?

let's say someone buys bitcoin at the price of $60,000, how will that person know that $60,000 is the maximum bitcoin will reach?

how would that person know that the price could drop to $38,000?

[Hamphser]

if someone shows up and asks:

when high Is high?

when low Is low?

let's say someone buys bitcoin at the price of $60,000, how will that person know that $60,000 is the maximum bitcoin will reach?

how would that person know that the price could drop to $38,000?

These questions should really bare in mind on which this is the reality whenever you do deal on this market on which you couldnt able to determine which is the bottom

and which is the peak price which it is really that normal that you would really be ending up with this kind of mindset and do all sorts of things with corresponding

risk because nothing is assured no matter how good the market is looking at.It does have potential but dont ignore the possibility of losing money.

[OgNasty]

The thing I've noticed most about new entrants into the crypto sphere is this...

They hope that they're going to earn some Bitcoin and get rich.

The reality is that they spend it on shitcoins and go broke.

I say this tongue in cheek, but seriously, I can't tell you how many friends I have that I've been trying to get into Bitcoin since it was $2.  They'll literally buy any $0.02 shitcoin they can find hoping that by some miracle it goes up to being worth thousands, market cap be damned...  I think part of it is education and the other part is thinking that getting rich in crypto is easy.  It isn't.  Most of the time it involves a lot of hard work, or a lot of luck.  If you're going the luck route, know there's an extremely high chance you are not going to make it.

[freedomgo]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

The good thing is that for those people who hope that bitcoin will reach a new all time high, bitcoin will not disappoint them however it may take a longer time and longer path. This is the reality of bitcoin which everyone should know. When everyone knows that bitcoin will cross all time high in the coming month and years then why do they need to sell their holding in spot in a loss? Those who hold bitcoin in futures are only at the risk of liquidation in case the market moves in the opposite direction.

Like all financial markets, cryptocurrency also moves up and down. Volatility makes it more prone to market changes but its also the best reason why people stay longer in crypto. However, with bitcoin you have bigger assurance that it will definitely reach its all time high but it may be a long waiting game and patience really at stake. When the market suddenly crashes, weak hands tend to lose their patience and sell their coins, while strong hands never gets bothered easily of the price decline and hold even more their bitcoin. This is why they mostly succeed and gain huge profits in bitcoin because they know exactly how to react whenever bitcoin price moves in opposite direction.

[TimeTeller]

The thing I've noticed most about new entrants into the crypto sphere is this...

They hope that they're going to earn some Bitcoin and get rich.

The reality is that they spend it on shitcoins and go broke.

I say this tongue in cheek, but seriously, I can't tell you how many friends I have that I've been trying to get into Bitcoin since it was $2.  They'll literally buy any $0.02 shitcoin they can find hoping that by some miracle it goes up to being worth thousands, market cap be damned...  I think part of it is education and the other part is thinking that getting rich in crypto is easy.  It isn't.  Most of the time it involves a lot of hard work, or a lot of luck.  If you're going the luck route, know there's an extremely high chance you are not going to make it.

I can understand your sentiments here but by now, those friends of yours should already know how to spot a crappy coin.
Once these newbies got screwed or something, they will learn their lesson well.
For those who will not give up, they will educate themselves. But for don't, and get out fast, usually they are the ones spreading misinformation.
They are only basing from their experience and usually they are emotionally ruined by their past experience, hence, the bad insights.

[lienfaye]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

If we invest our money (in general) dont expect to profit in a short period and be prepared for the worse case situation. The problem for some investors who cant bear seeing their Bitcoin losing its value is lack of knowledge and patience. Thus they're tend to commit a wrong decision for not being aware of what they're getting into.

The reality is that they spend it on shitcoins and go broke.

Thats true. Believing these coins are the answer to be rich quick because of the high return in a short period due to hype. Not knowing they're likely going to be broke.

[peter0425]

I can understand your sentiments here but by now, those friends of yours should already know how to spot a crappy coin.

That is part of crypto journey and most of us had tried investing in crappy coins to gain easy money but of course we fails lol.

Once these newbies got screwed or something, they will learn their lesson well.

sometimes it took multiple times before this comes to reality because people are hard headed mostly .

For those who will not give up, they will educate themselves. But for don't, and get out fast, usually they are the ones spreading misinformation.
They are only basing from their experience and usually they are emotionally ruined by their past experience, hence, the bad insights.

EMotions must not take part if we want to succeed in crypto investing because this market Hates drama and only brings failure for those who cries .

[add1ct3dd]

People who think that the market will be going up straight are those who don’t know anything about the market at all, or knows nothing about economics entirely, or it can as well be that it’s just their greed that is making them to have such a thought that the market is meant to be increasing straight up without any sort of up and down in the movement.

Some people don’t have the slightest chill, every little drop that happens in the market and they will start losing hope and start thinking it's time that they have to give up in the market. Despite that this is something that we have all experienced a lot of times, some of them still feel this way.

[ReginaR]

People's hope that if we buy bitcoin we will be the richest man . they think that one time investment is enough but one who use bitcoin for long time knows that itz difficulty process how much we loss and how much we gain .and the reality of bitcoin is based on experience if we lose one time we have to invest money once again and investers earn money by experiencing and learn a lot by itt.t allows investors to make anonymous, untaxable transactions, and it doesn't rely on a centralised monetary authority. Each bitcoin is stored in a digital ledger wallet and people can transfer bitcoins to your wallet, and you can send bitcoins to other people.

[Blended@]

Life they say is full of risk,an a successful business man take the risk an if there is no risk an profit can come out,so in bicoin it all about risk that people invest because some may lose an some may gain so any thing on hope is depend on your experts on bitcoin business

[Webetcoins]

It's amazing how bitcoin relate to our life because in our life it teaches us to strive first before we can be successful. Again just like our life, not all times we are on the top but there are times that we can go back to the bottom and in terms of emotion not all the times we are happy but we are sometimes sad.

It's okay if they can sell before the ATH but as long as they are in positive ( profit) that is still the most important part there and who are them to know when will be the ATH before it return to the bottom? They are only playing safe than sorry but once bitcoin hit an all time high, we can use that as a safe point the next time we hodl.

[xSkylarx]

Life they say is full of risk,an a successful business man take the risk an if there is no risk an profit can come out,so in bicoin it all about risk that people invest because some may lose an some may gain so any thing on hope is depend on your experts on bitcoin business

Accepting this, we must take risks in order to be able to earn and gain something in the process. Trading is similar to life in that you might think things were going smoothly, but they aren't. Others may think that your life is fine, but it isn't. For example, the chart that you have seen may appear to be a straight line going up, but in reality, there is a lot of rough terrain you must pass through before reaching the top. No matter how talented you are, if you are not willing to put your knowledge at risk, you will not be successful in life.

[Reatim]

Life they say is full of risk,an a successful business man take the risk an if there is no risk an profit can come out,so in bicoin it all about risk that people invest because some may lose an some may gain so any thing on hope is depend on your experts on bitcoin business

you will never lose in bitcoin if you know how to handle and you know when to buy and when to sell and also you will only lose here if you are using this for day trading because surely you will be greedy to seek for income in short term in which bitcoin usually cannot provide,
buy bitcoin but know when to keep and how long you can handle.

[Vaculin]

Well, I will not be going to erase any possibility that our hope will come to reality. Yes, most of the time it won't but if we are tired of waiting, this is really be going to happen somehow. But what we gonna see this time is really in the opposite direction. But the time may come someday that the market will give us some favor and hear our hopes, we are just about to extend our patience as we know the market not all the time in bullish, dumps is also inevitable.

Only the thing I can say is not to lose hope, it is really be going to happen momentarily. It is sometimes we need to wait longer.

Even how unpredictable the market trading is, we all chose to live with hope because that is the only way we can hold on to making profits. But for some who are used to be greedy and cannot withstand the reality in trading bitcoin, there is only way not to lose more, quit from trading. If you think you are not seeing trading the way you want it, you have all the time to learn and grow, otherwise quitting would be the best option.

However, the only way that we can be profitable in trading bitcoin is to embrace its reality and never lose hope despite of the inevitable losses that we encounter.

[Wiwo]

Life they say is full of risk,an a successful business man take the risk

Most especially when it comes to cryptocurrency the risk factor becomes high because of crypto volatility, other assets such as gold may be likely stable and less volatile than Bitcoin or other cryptocurrency but again no business is without risk as you said so for one to benefits from the volatility of the market one need to develop some skills which are more of characters to guide you through your cryptocurrency investment journey. One needs to be patient and take time to study the market to understand how it works before buying and holding either Bitcoin or any altcoin of choice.

[bearexin]

The graphic tells so much by using so little words. I have been there for many years and saw it go up so much and go down so much, it is not even that quick, that arrow should be a lot longer because in the end I have seen it all and it takes a lot longer time.

You just have to realize that it doesn't go 1-2-3-4, it goes 1-5-3-10-2-15-7-25-13 and so forth and that makes people question many things.

Sometimes the fall is huge, sometimes it is not that huge, but 50% drop in a single month or two happens a lot more frequent than people thinks and it always recovers and it is not a big deal.

[Chato1977]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

thats why the complete answer and related one is to keep HODLING , in that sense you will only see the upward of crypto and never experience downward, this is also why we must learn both ways, to have Holding and also venture in Trading.

with those action you are providing yourself with complete way of profiteering .

The thing I've noticed most about new entrants into the crypto sphere is this...

They hope that they're going to earn some Bitcoin and get rich.

[Hamphser]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

Any trader or investor that has been in the market for some time will certainly understand that this can never be the case unless they just want to lie to themselves and might continue to lose money in that sense. Every financial market does have all the sides to price, up, down, and sideways and when you fail to understand this, then you are setting yourself up to fail.

Completely understandable when you are a noob which you havent able to encounter this volatility ever since and its your first time.You would really be having thoughts that this market that it would be having that

continous rise without even realizing thats not how it works.On the time that you have do able to taste on what it looks like or experience this unpredictable movement then you would eventually able to realize

and would stick out into those realistic views and insights rather than on sticking with your initial impressions when you are still a noob.You would learn eventually
but there are people who are indeed making theirselves on being blind and continuing on what things that they do believe earlier.

[Bazzu]

in bitcoin investment, and according to my own experience, sometimes we can just sell with expectations and prices that match what we aspire to. but sometimes we sell as long as there is a profit even if it is only a little, because looking at the predicted graph it will not be possible for the price to be as expected. then the best way is to sell it and make a profit even if only a little. so the point in the world of trading who can be patient and not greedy is the one who will be the winner.

[xSkylarx]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

When someone hears that you are earning from bitcoin, they will mostly say that you are earning big and it is very easy to earn from it, but they are wrong. You will go through many stages, trials, and losses to get that profit you are earning now. It is like success in our life; we think the road ahead is just a straight line, but we are wrong; bumpy roads, curvy roads, and dead ends stand for trials. It is also the same in trading. People will say buy low and sell high, but not that easy since you need to know if this is already low or when you can sell.

[KennyR]

Being hopeful surprises, if one has got the patience. This is what I understood being in the cryptomarket for a longer time period. The growth chart resemblance of people's hope and the reality is well described. What the people hope for comes true, but it happens for limited time period. Such a pattern is much wanted by the users who prefer to be rich overnight. Sticking to the reality and trying to make something out of the market is the best for users who have learnt to make earning out of the fluctuation.

[awik p]

Being hopeful surprises, if one has got the patience. This is what I understood being in the cryptomarket for a longer time period. The growth chart resemblance of people's hope and the reality is well described. What the people hope for comes true, but it happens for limited time period. Such a pattern is much wanted by the users who prefer to be rich overnight. Sticking to the reality and trying to make something out of the market is the best for users who have learnt to make earning out of the fluctuation.

but that patience must be formed from within oneself, and is influenced by several factors. if we invest using cold money, of course, we will be calmer in the face of market fluctuations. on the other hand hope must also be planned by analyzing the future and choosing the right coin, otherwise our wait will be in vain

[EarnOnVictor]

This is a good psychological part of trading that traders often ignore, they want quick success thereby losing their trading accounts regularly. The Bitcoin market and other financial market assets can't move in a straight slope, and so is the performance of any traders.

There are times when the market would favour our trading strategies, and there are times the market will make our trading strategies lose more. Therefore, perseverance is the key, and if we have a good trading system and plans that can withstand the test of time, then we will be just fine.

[Inwestour]

Most especially when it comes to cryptocurrency the risk factor becomes high because of crypto volatility, other assets such as gold may be likely stable and less volatile than Bitcoin or other cryptocurrency but again no business is without risk as you said so for one to benefits from the volatility of the market one need to develop some skills which are more of characters to guide you through your cryptocurrency investment journey. One needs to be patient and take time to study the market to understand how it works before buying and holding either Bitcoin or any altcoin of choice.

Anything, whether it be business, trading or investing, all require great knowledge and experience. No one cannot just wake up one fine morning and become a successful trader or businessman, it all takes a lot of effort. There are times when there may just be a successful temporary deal, but over a long period of time everything will still fall into place.

[xSkylarx]

Most especially when it comes to cryptocurrency the risk factor becomes high because of crypto volatility, other assets such as gold may be likely stable and less volatile than Bitcoin or other cryptocurrency but again no business is without risk as you said so for one to benefits from the volatility of the market one need to develop some skills which are more of characters to guide you through your cryptocurrency investment journey. One needs to be patient and take time to study the market to understand how it works before buying and holding either Bitcoin or any altcoin of choice.

Anything, whether it be business, trading or investing, all require great knowledge and experience. No one cannot just wake up one fine morning and become a successful trader or businessman, it all takes a lot of effort. There are times when there may just be a successful temporary deal, but over a long period of time everything will still fall into place.

Additionally to that is that if you are just only relying on luck, then it wouldn't be successful in the long run. All of the businesses and investors have very extensive knowledge before they put out money, and they run a calculation on whether it is profitable or not. People these days are already knowledgeable about what they want to invest, and they are taking risks cautiously and making sure that their business or investment would be earning them a profit unless they are just playing money around and want to rely on luck and just only imagining that it would be successful even without having proper research on it.

[milewilda]

Most especially when it comes to cryptocurrency the risk factor becomes high because of crypto volatility, other assets such as gold may be likely stable and less volatile than Bitcoin or other cryptocurrency but again no business is without risk as you said so for one to benefits from the volatility of the market one need to develop some skills which are more of characters to guide you through your cryptocurrency investment journey. One needs to be patient and take time to study the market to understand how it works before buying and holding either Bitcoin or any altcoin of choice.

Anything, whether it be business, trading or investing, all require great knowledge and experience. No one cannot just wake up one fine morning and become a successful trader or businessman, it all takes a lot of effort. There are times when there may just be a successful temporary deal, but over a long period of time everything will still fall into place.

Additionally to that is that if you are just only relying on luck, then it wouldn't be successful in the long run. All of the businesses and investors have very extensive knowledge before they put out money, and they run a calculation on whether it is profitable or not. People these days are already knowledgeable about what they want to invest, and they are taking risks cautiously and making sure that their business or investment would be earning them a profit unless they are just playing money around and want to rely on luck and just only imagining that it would be successful even without having proper research on it.

You are indeed taking a gamble if you do really have this kind of behavior on which you are just playing around and dont make some analysis towards those actions that you had made.
Yes, there are people whom are aware and just simply ignore nor bare out the risks involved specially on crypto investment.Its impossible for someone not to able to realize that there's no assurance
even if you do stick out with Bitcoin investment which it would really be just right that you should make yourself prepared for whatever things that might happen ahead.
Lets just stick on being realistic and dont hope that much which bitcoins price could able to hit up certain levels so that you wont really be able to make yourself get disappointed or minding off too much
on something which isnt even sure.

[uchegod-21]

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

In life human being always shy away from the negative thing and embrace positive things even if it is very sure that the negative things must come. We all know that bitcoin is not a straight forward journey to the all-time high but we will hope it will happen so, and not make plan on the opposite of bull trend.
Even when in our individual lives we know that we will get sick and we will die someday but you don't see people making plans about sickness and death but it is something that will surely come it is the nature of human being.

[savetheFORUM]

Additionally to that is that if you are just only relying on luck, then it wouldn't be successful in the long run. All of the businesses and investors have very extensive knowledge before they put out money, and they run a calculation on whether it is profitable or not. People these days are already knowledgeable about what they want to invest, and they are taking risks cautiously and making sure that their business or investment would be earning them a profit unless they are just playing money around and want to rely on luck and just only imagining that it would be successful even without having proper research on it.

Having an extensive knowledge is a must requirement before we start here but sadly this wasn't followed at all times. So many newbies are always being scolded for rushing and all that they only got are pure losses. Cryptos are not stable so doing a calculation of how much income you will get is hard but what can they only do is estimation.

For those newbies who once failed, well they already have an idea about which coins are worth it to invest and what is not. If their goal since the start is to test their luck then it's not wrong to play with their money by betting on those non popular coins or newer coins. Sometimes old investors does that too.

[EarnOnVictor]

Additionally to that is that if you are just only relying on luck, then it wouldn't be successful in the long run. All of the businesses and investors have very extensive knowledge before they put out money, and they run a calculation on whether it is profitable or not. People these days are already knowledgeable about what they want to invest, and they are taking risks cautiously and making sure that their business or investment would be earning them a profit unless they are just playing money around and want to rely on luck and just only imagining that it would be successful even without having proper research on it.

Having an extensive knowledge is a must requirement before we start here but sadly this wasn't followed at all times. So many newbies are always being scolded for rushing and all that they only got are pure losses. Cryptos are not stable so doing a calculation of how much income you will get is hard but what can they only do is estimation.

For those newbies who once failed, well they already have an idea about which coins are worth it to invest and what is not. If their goal since the start is to test their luck then it's not wrong to play with their money by betting on those non popular coins or newer coins. Sometimes old investors does that too.

On the contrary, those that have the knowledge or that use the knowledge rightly are few. This is what causes much of the failure in trading and other investments because they need more than preparedness, they need perseverance and the ability to overcome the adverse situation you would suddenly be exposed to.

The dreamers should wake up, trading/investment is not what they always think it is, the reality is that you will only be wise and apply the right approaches to it before success would be made.