Hope Vs Realty of bitcoin

[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.

[1714782007]

1714782007

[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.