What was the most deceitful speculation you ever fell for

[LoyceV]

"Inflation is temporary."

[Emitdama]

In 2016, many were speculating what XRP will be worth and because someone were saying it could become $10 I spend the 200$ left in my account to buy as much as I could while its less than $0.10. Its the first time I experienced the bull run in crypto so yep was excited to see price goes high. Nobody said I need to dump when bear market starts. I still expect the $10 whike the price is dipping for months.

Xrp did not reach 10 dollars but it reached over 3 dollars. You will still end up with a nice profit if you sold on that price but unfortunately you didn't because you became greedy, which is also normal for newbies and this is also the reason why they enter crypto, not because of the underlying technology but because they hear that you can be rich with it. No one would tell you what to do because that was yours investment, not them but if you have a friend, relative, or someone that is close to you and it turns out they know crypto better than you then you are lucky because they could warn you if what is coming ahead. People that are close to us are concerned especially if they are also the one that recommends you to join crypto.

I fell for it because XRP was also an old coin. I thought the older the coin, he higher its price will be.

You are actually right with this. Old coins have more potential. If you still have the xrp with you, you can wait and maybe soon the price will reach 10 dollars or more.

[Quidat]

Mine was Bitcoin hitting $100k before the end of 2021 and BNB reaching an ATH of $1k  at the same time. I don't want to mention that of doge coin surpassing $1 and Shiba inu making it's way to 50cents. I think many fell for some of this careless speculations and relied solely on it neglecting our own research in which i too was a victim. What speculation did you fall for

Majority do share up with the same impression and belief or hopes which those numbers are been the common point on which the community do really look for specially on that FOMO state where
everything is really rising on where we do really have that impression that we might push up with those levels without even thinking about next-in-line kind of correction or sell-off with the
market which could really make the situation totally opposite on what we are projecting in our mind which is something that cant really be avoided.

[Welsh]

I've only ever invested in Bitcoin. I haven't touched any stocks or altcoins. I've shown an interest in certain altcoins, but not your typical ICO's. Mainly those that have interesting technologies. Although, they hardly ever make it, since people prefer meaningless hype, and promises rather than actual functional, and logical ideas. Although, Bitcoin was definitely the exception there, but at that time it wasn't competing with a million other options.

I mean I technically withdrew some Bitcoin Cash, which made me absolutely disgusted even if I didn't willing fully invest in that, due to the hard fork. Still though, felt disgusting. While I definitely didn't fall for it, I'd say that's the most deceitful thing I've ever witnessed here, mainly because of the politics outside of it.

"Inflation is temporary."

Inflation is definitely forever . I do understand this was probably sarcastic, since I'm not convinced you ever fell for this. Although, maybe inflation will become a thing of the past, at least somewhat. Bitcoin is deflationary by design, and if Bitcoin were to ever replace the current money system, we could technically potentially eradicate the problems associated with inflation or at the very least mitigate the rises. Obviously, Bitcoin replacing the current money system probably is rather unlikely.

[lornadane]

I cannot remember exactly when, but in 2018 or 2019 I guess,,, thinking it would never be possible for Bitcoin to go below $5k ever again, especially when we spent long long periods near 10k, everyone said accumulation and consolidation for almost 1 year and I believed it.

You imagine how I felt in early 2020 I honestly thought I was going to lose everything.

I have believed in a number of this kind of prediction or assurance. Just recently, I remembered even known people would post on their social media accounts that Bitcoin's price wouldn't be falling below $40,000 or $50,000 ever again. But not only did the price of Bitcoin fall below those levels, it even went down far away from those. Even myself thought days ago that however bearish the market would be, it is almost impossible for the price to fall below $30,000. But it has.

Never below 40k when ATH was 68k is kinda dumb of those people to post such things,,, but I guess they all are hiding now  . We all know BTC can fall to almost 80% away from ATH once the bear comes but that is worst case scenario, which is why I thought 5k was very good as it was just over 80% from almost 20k back in 2017.

Even if Bitcoin never falls to 70% anymore that is still just below $20k.

That is why until now bitcoin is still holding on at $20k because it is impossible for bitcoin to drop to 70% because it can be said that the worst thing will happen after 2021.
And when this inflation ends we also do not know.

[leea-1334]

Never below 40k when ATH was 68k is kinda dumb of those people to post such things,,, but I guess they all are hiding now  . We all know BTC can fall to almost 80% away from ATH once the bear comes but that is worst case scenario, which is why I thought 5k was very good as it was just over 80% from almost 20k back in 2017.

Even if Bitcoin never falls to 70% anymore that is still just below $20k.

That is why until now bitcoin is still holding on at $20k because it is impossible for bitcoin to drop to 70% because it can be said that the worst thing will happen after 2021.
And when this inflation ends we also do not know.

I guess people like you just simply never actually bother to read posts and threads, and titles,,, This is about the most deceitful speculation and we are literally sharing stories of people who said 'can never happen' 'impossible' or 'worst thing' and you have just yourself come out and said something along those lines.

Impossible is not a word in crypto.

[traderethereum]

I would be very happy if bitcoin could hit $100k, BNB hit $1k before the end of the year because that would allow me to sell most of my bitcoin and BNB at that high price.
I think people still have high hopes of seeing bitcoin go high again and that makes them prepare themselves more by having more bitcoins and BNB and other potential coins.
I do not speculate or have any forecasts at this time and tend to just enjoy the market movements that occur.
But I also keep trying to buy low and sell high because I see the potential to trade still available.

[doomloop]

Mine was Bitcoin hitting $100k before the end of 2021 and BNB reaching an ATH of $1k  at the same time. I don't want to mention that of doge coin surpassing $1 and Shiba inu making it's way to 50cents. I think many fell for some of this careless speculations and relied solely on it neglecting our own research in which i too was a victim. What speculation did you fall for

Even if we did our own research, many of us will end up agreeing on that speculation and there are even some that speculates much higher than that. The prices speculated for those coins are still realistic, that is why many agrees with it.

It may not happen on the exact date as what they speculated but for sure it will happen on the right time, maybe next few years or so? Again speculators expect the same thing for this year but I don't think it will occur based on the market situation now which is pretty complicated. We should not blame the speculators or ourselves from believing it and it's totally fine if they don't occur because it was only a mere speculation anyway.

[eaLiTy]

Mine was Bitcoin hitting $100k before the end of 2021 and BNB reaching an ATH of $1k  at the same time. I don't want to mention that of doge coin surpassing $1 and Shiba inu making it's way to 50cents. I think many fell for some of this careless speculations and relied solely on it neglecting our own research in which i too was a victim. What speculation did you fall for

There is nothing wrong in dreaming high but to end up and calling yourself a victim for the fantasies you had is a bad thing when the market did not reach any values you dreamed in a short period of time . Every Dick and Harry can predict any valuation without making any sense and if everyone starts rallying behind them, who is to be blamed. Be realistic and then everything will be fine  .

Realistic approach is, wait for the next halving and then see whether your expectations are met .

[TravelMug]

Mine was Bitcoin hitting $100k before the end of 2021 and BNB reaching an ATH of $1k  at the same time. I don't want to mention that of doge coin surpassing $1 and Shiba inu making it's way to 50cents. I think many fell for some of this careless speculations and relied solely on it neglecting our own research in which i too was a victim. What speculation did you fall for

There is nothing wrong in dreaming high but to end up and calling yourself a victim for the fantasies you had is a bad thing when the market did not reach any values you dreamed in a short period of time . Every Dick and Harry can predict any valuation without making any sense and if everyone starts rallying behind them, who is to be blamed. Be realistic and then everything will be fine  .

Realistic approach is, wait for the next halving and then see whether your expectations are meet .

Well that has been the approach to that $100k prediction isn't it? the next bull run will give us that amount minimum and yet in the height of the run and upon reaching all time high of about $69k, the obvious target is that 6 digits.

But it didn't happen making a lot of people sad, but they we shouldn't put to much expectations in the first place, let the price moves into it's normal pace and then we see where it will go.

[Vaculin]

Mine was Bitcoin hitting $100k before the end of 2021 and BNB reaching an ATH of $1k  at the same time. I don't want to mention that of doge coin surpassing $1 and Shiba inu making it's way to 50cents. I think many fell for some of this careless speculations and relied solely on it neglecting our own research in which i too was a victim. What speculation did you fall for

You are not alone there. A lot have come to believe that bitcoin will surely hit its new ATH at $100k but it ended with a bear price. The reason why i never sell most of my coins when bitcoin hit its first ATH because i firmly believe that bitcoin will certainly end up with a new ATH before the year ends. However, not selling those times does not mean i'm losing either, but those who bought bitcoin when the price at its peak price and resort into panic selling afterwards, those were definitely end up in a huge loss.

[sayaya17]

Mine was Bitcoin hitting $100k before the end of 2021 and BNB reaching an ATH of $1k  at the same time. I don't want to mention that of doge coin surpassing $1 and Shiba inu making it's way to 50cents. I think many fell for some of this careless speculations and relied solely on it neglecting our own research in which i too was a victim. What speculation did you fall for

You are not alone there. A lot have come to believe that bitcoin will surely hit its new ATH at $100k but it ended with a bear price. The reason why i never sell most of my coins when bitcoin hit its first ATH because i firmly believe that bitcoin will certainly end up with a new ATH before the year ends. However, not selling those times does not mean i'm losing either, but those who bought bitcoin when the price at its peak price and resort into panic selling afterwards, those were definitely end up in a huge loss.

It's true as long as we haven't sold the Bitcoin we have, even though we bought at a high price and the Bitcoin price is now down quite deep.
We cannot be said to be at a loss, because we can still make a profit, if the Bitcoin price finally reaches the target we have set. Therefore,
we don't need to panic by looking at the price of Bitcoin, which is currently still very difficult to rise again above the $30k price. Moreover,
we know that the popularity of Bitcoin continues to increase and the demand for Bitcoin is also very high. That means it's only a matter of time
before the Bitcoin price goes up again. Therefore, when deciding to invest in Bitcoin, we do have to be patient, because indeed generating profits
from Bitcoin cannot be instant.

[Finestream]

Mine was Bitcoin hitting $100k before the end of 2021 and BNB reaching an ATH of $1k  at the same time. I don't want to mention that of doge coin surpassing $1 and Shiba inu making it's way to 50cents. I think many fell for some of this careless speculations and relied solely on it neglecting our own research in which i too was a victim. What speculation did you fall for

I did not fall for it. But as far as i remember, one thing that i became a victim is that putting some of my funds into dogecoin before hoping that its value will continue to increase and won't easily drop and lose. But i guess that losses was destined to happen because i started to become more greedy and was not able to control myself anymore. I just put my funds without even considering that Elon was only a mess and that same goes for dogecoin too. Now i've learned my lesson and i won't put myself again doing the same mistake.

[ninis45]

I don't think this is a scam but the predictions and analysis are not strong enough so we take a high price and fall not only you who did that, I personally also bought bitcoin at a high price and now I can only wait for the next ATH because this is not a mistake but a patience which will be worth in time

[Taskford]

"There will be more pump so hold on guys don't sell your bags" this is the word of other people mostly deceive us and now I'm already aware on this kind of hyping since I already lost a thousand of bucks from believing on those people. Now its best for people to do their very own analysis so that they can determine whether its good to sell or not and they will not get brought by people who tell you that because all of this are purely deception.

[peter0425]

Mine was Bitcoin hitting $100k before the end of 2021 and BNB reaching an ATH of $1k  at the same time. I don't want to mention that of doge coin surpassing $1 and Shiba inu making it's way to 50cents. I think many fell for some of this careless speculations and relied solely on it neglecting our own research in which i too was a victim. What speculation did you fall for

I cannot give a  time now because of my years here in crypto? there are plenty that i have been deceit and I use those as my learning process .
without those ? i will never learn from my mistakes and that will definitely change my views in bitcoin if not happened.
so we should be thankful because of deceitful speculation as this teaches us how to be knowledgeable and how to become more aware of the situation and changes .

[rodskee]

"There will be more pump so hold on guys don't sell your bags" this is the word of other people mostly deceive us and now I'm already aware on this kind of hyping since I already lost a thousand of bucks from believing on those people.

I can feel you mate , because I myself is one of those who had been deceived because of those word, and yes until now? i still deceived but of course since i am big in Bitcoin? after years i still gained my wishing .

Now its best for people to do their very own analysis so that they can determine whether its good to sell or not and they will not get brought by people who tell you that because all of this are purely deception.

but if people are tend to keep holding and not to sell quickly then you will be a chance to gain hugely and that is what Holders gain over time .

[bittraffic]

In 2016, many were speculating what XRP will be worth and because someone were saying it could become $10 I spend the 200$ left in my account to buy as much as I could while its less than $0.10. Its the first time I experienced the bull run in crypto so yep was excited to see price goes high. Nobody said I need to dump when bear market starts. I still expect the $10 whike the price is dipping for months.

Xrp did not reach 10 dollars but it reached over 3 dollars. You will still end up with a nice profit if you sold on that price but unfortunately you didn't because you became greedy, which is also normal for newbies and this is also the reason why they enter crypto, not because of the underlying technology but because they hear that you can be rich with it. No one would tell you what to do because that was yours investment, not them but if you have a friend, relative, or someone that is close to you and it turns out they know crypto better than you then you are lucky because they could warn you if what is coming ahead. People that are close to us are concerned especially if they are also the one that recommends you to join crypto.

I fell for it because XRP was also an old coin. I thought the older the coin, he higher its price will be.

You are actually right with this. Old coins have more potential. If you still have the xrp with you, you can wait and maybe soon the price will reach 10 dollars or more.

Nope. This time I already realized BTC destroys altcoins in the end. Its value in USD may go up particularly the old coins but its satoshi count will decreased tremendously like it did back in 2017. The satoshi still is the one that makes its value high but once BTC goes up and altcoins price don't, you will come to see its satoshi count deceased.

We fell for speculations because we tend to be faithful in the beginning.

[btc78]

Mine was Bitcoin hitting $100k before the end of 2021 and BNB reaching an ATH of $1k  at the same time. I don't want to mention that of doge coin surpassing $1 and Shiba inu making it's way to 50cents. I think many fell for some of this careless speculations and relied solely on it neglecting our own research in which i too was a victim. What speculation did you fall for

That Bitcoin will cross more than 20k last 2017 , I bought 1/4 of my funds at 16k and sadly the value drops even before reaching 20k and that is what i was deceived though it is my own greediness that fell me there lol.

Now? never that I believe this to come , instantly instead I can wait for long term and not to take that attitude again.

[ethereumhunter]

Mine was Bitcoin hitting $100k before the end of 2021 and BNB reaching an ATH of $1k  at the same time. I don't want to mention that of doge coin surpassing $1 and Shiba inu making it's way to 50cents. I think many fell for some of this careless speculations and relied solely on it neglecting our own research in which i too was a victim. What speculation did you fall for

That Bitcoin will cross more than 20k last 2017 , I bought 1/4 of my funds at 16k and sadly the value drops even before reaching 20k and that is what i was deceived though it is my own greediness that fell me there lol.

Now? never that I believe this to come , instantly instead I can wait for long term and not to take that attitude again.

Waiting for the price to rise in the future is the right decision, especially if it's about bitcoin because bitcoin has a greater chance of growing higher than altcoins. But unfortunately, we don't know when the price will go up and can only guess. I hope we can control ourselves not to be greedy when the bitcoin price rises again because we already know that once the price reaches a new ATH, it can drop back to a low price. So take your advantage before the opportunity is gone.