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Author Topic: Hope Vs Realty of bitcoin  (Read 1189 times)
GeorgeJohn
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March 07, 2022, 09:34:24 PM
 #61

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.

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March 07, 2022, 11:43:33 PM
 #62

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.

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giammangiato
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March 08, 2022, 10:59:37 AM
 #63

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

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fzkto
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March 08, 2022, 01:06:28 PM
 #64

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.

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StarKay
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March 08, 2022, 01:12:46 PM
 #65

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.

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March 08, 2022, 01:43:57 PM
 #66

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 !

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.Duelbits.
..........UNLEASH..........
THE ULTIMATE
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March 08, 2022, 08:38:54 PM
 #67

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.

R


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isaac_clarke22
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March 08, 2022, 08:50:57 PM
 #68

~
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.
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March 08, 2022, 09:07:26 PM
 #69

~
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.

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March 08, 2022, 11:57:47 PM
 #70

- 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.  Grin Cheesy

R


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March 09, 2022, 08:14:40 PM
 #71

- 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.  Grin Cheesy
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.
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March 09, 2022, 08:39:18 PM
 #72

- 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.  Grin Cheesy
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.

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March 09, 2022, 09:13:11 PM
 #73

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.

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Sanitough
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March 09, 2022, 09:47:55 PM
 #74

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.
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March 09, 2022, 09:56:26 PM
 #75

- 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.  Grin Cheesy
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.

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March 10, 2022, 06:33:59 AM
 #76

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.

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March 10, 2022, 07:03:36 AM
 #77

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"
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March 10, 2022, 07:30:16 AM
 #78

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 .

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March 10, 2022, 10:47:33 AM
 #79

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.
 

R


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lombok
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March 10, 2022, 11:12:09 AM
 #80

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.

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