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Author Topic: Did Bitcoin Disappointed You ?  (Read 2009 times)
Oasisman
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July 02, 2022, 08:54:19 AM
 #161


I think we are nearing the latter part of the cycle.  Even Bob Loukas said that the 4-year cycle of Bitcoin is coming to an end and a possible transition of the  this 4-year cycle may happen somewhere between 2022-2023.
Always DYOR and don't rely upon what this influence said. The 4years cycle is not near the latter and according to my research after this bear, altcoin season will start, and after that is Bitcoin season aka halving effect market.

The guy is not just like an influencer, like the ones whos giving tips in YouTube who's eventually going to shill a coin for their own personal gain of course.
Though, his speculations is not guaranteed just like every other financial advisors and other crypto experts.
You did your research and to whom are you getting your source? Most probably from crypto experts as well.

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July 02, 2022, 06:14:30 PM
 #162

Yes! BTC disappointed me very well because i invested in coin and then BTC got dip and i took a good loss and still stuck in loss. I am waiting for BTC up and then I will sell my Coin.

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July 02, 2022, 07:01:52 PM
 #163

Bitcoin has broken the all time high of 2017 and now it is around 19,000$. The worst part is that even on these level, we are not seeing any pumps and look like price may fall all the way to 10,000$ or even lower.
Once bitcoin was at 69,000$, who would have thought that bitcoin will go so low so fast ?  Now what do think, where we are in terms of bitcoin cycle. I think we are already in th bear market since summer of last year and maybe the bottom/ end of bear market is near ?
Bitcoin didn't disappoint me but my wrong decisions did. I have known Bitcoin years before its ATH last 2017 but I doubted it. I thought of it as a scam and ended up missing the opportunity to buy. I was surprised and filled with regrets when it reached its first highest peak. I thought Bitcoin was a big joke before but that idea just slapped me so hard. From then on, I waited for the price to drop down and started buying it with the hope of gaining a good profit despite my previous mistake.
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July 02, 2022, 08:09:45 PM
 #164

To be honest, I never expect Bitcoin to have that bull run up so well, even manage to hit at $60k. So for me, I'm not really feeling disappointed with Bitcoin at all. Or maybe since I missed the chance, selling my 0.8 BTC @$4k which now makes me want Bitcoin's price to come lower.
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July 02, 2022, 08:18:37 PM
 #165

More likely no than yes. It should be understood that this situation was quite expected, and many analysts warned about such an outcome. So let's see the result.
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July 02, 2022, 08:32:31 PM
 #166

More likely no than yes. It should be understood that this situation was quite expected, and many analysts warned about such an outcome. So let's see the result.

If bitcoin continue to go up and up, it will reach to a point that it can't be feasible to purchase bitcoin anymore. That is why if it goes up, it will surely return and then go up again and it will continue that way. Many analysts have warned about this period we are and many of us know that such a day will come, but we end up praying that it should not come soon but it will surely come.
I can say that bitcoin didn't disappoint me yet, I am waiting for it to be able to break a new ATH, if not that is when I will be disappointed by bitcoin. But I am pretty sure that bitcoin will bull again.

 
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July 02, 2022, 09:09:05 PM
 #167

~
I thought Bitcoin was a big joke before but that idea just slapped me so hard. From then on, I waited for the price to drop down and started buying it with the hope of gaining a good profit despite my previous mistake.
Anyone who failed to understand the underlying technology always felt that it is a bubble and hence majority missed out in entering the market at an early phase, but you can still consider to enter now and earn a substantial profit. When it comes to rallies BTCitcoin never disappointed anyone, unless they jumped in the market when the price was rallying at an all time high.
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July 02, 2022, 09:22:45 PM
 #168


I think we are nearing the latter part of the cycle.  Even Bob Loukas said that the 4-year cycle of Bitcoin is coming to an end and a possible transition of the  this 4-year cycle may happen somewhere between 2022-2023.
Always DYOR and don't rely upon what this influence said. The 4years cycle is not near the latter and according to my research after this bear, altcoin season will start, and after that is Bitcoin season aka halving effect market.

The guy is not just like an influencer, like the ones whos giving tips in YouTube who's eventually going to shill a coin for their own personal gain of course.
Though, his speculations is not guaranteed just like every other financial advisors and other crypto experts.
You did your research and to whom are you getting your source? Most probably from crypto experts as well.
Thats why im not really a fan of listening out into those professionals but there are people whom are really fan on following on what those experts been saying and on the time that they are saying negative

then this is where they do act fast and according to it which does mean that they arent relying on their own analysis which isnt something that really recommendable.
Disappointments is there because not all the time we do see a good rising market which there would be all plummets and crashes.

Thing here is that you do know on how to adjust depending on market conditions and it does vary on each person.

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July 02, 2022, 09:33:09 PM
 #169

Once bitcoin was at 69,000$, who would have thought that bitcoin will go so low so fast ?  Now what do think, where we are in terms of bitcoin cycle. I think we are already in th bear market since summer of last year and maybe the bottom/ end of bear market is near ?
Absolutely not.
It is because I believe so much in Bitcoin that is now running on the cycle and the cycle right now is in the bearish market. This belief led me to believe that there will be a time when the price of Bitcoin will rise drastically again like it was then and even surpass the previous ATH price. This is the belief in Bitcoin itself. moreover, if we are disappointed with Bitcoin, then what about altcoins? Aren't they the same or even worse?

-----
honestly, I can feel this, too. Sometimes, our decision makes us disappointed moreover because of greediness, panic situation, and also not belief to buy in the riht time at that time. The decision influences some certain conditions later.

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July 02, 2022, 11:21:22 PM
 #170

~
I thought Bitcoin was a big joke before but that idea just slapped me so hard. From then on, I waited for the price to drop down and started buying it with the hope of gaining a good profit despite my previous mistake.
Anyone who failed to understand the underlying technology always felt that it is a bubble and hence majority missed out in entering the market at an early phase, but you can still consider to enter now and earn a substantial profit. When it comes to rallies BTCitcoin never disappointed anyone, unless they jumped in the market when the price was rallying at an all time high.
As much as the bear market presents a buying opportunity for investors, during the rally is when most individuals hopes to jump in. That's how ironical it is because, most people previously not into cryptocurrency always don't know better. They are only drawn by the price appreciation and as such, often buys at a higher price which is supposed to push them towards a much long term holding but there are not this knowledgeable.
With no idea on market analysis, when the market eventually begins to make moves towards bears and they aren't able to save the values of there coins in time, they end up being disappointed. Not so much for experienced investors though.

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July 02, 2022, 11:23:47 PM
 #171

I may say, this is a rhetorical question, because a question that has no direct answer or indirect answer. It all dwell on yes or no.
Yes in the sense that it is only for those think that bitcoin is a coin to make rich or it is a quick rich system and they convert their fiat currencies to bitcoin either by purchase or other means, and that became a disappointment for them.
But no in the sense those who know that bitcoin is not a stable coin,  it can go up and come down at anytime so they also prepare their minds on that.
Finally bitcoin is for those who move, trade, buy and sell with faith. If you don't have faith, you can't involve yourself with bitcoin. Although your faith might fall you but it is impossible to fall. Bitcoin is a long-term business not a quick rich Investment

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July 03, 2022, 04:12:52 AM
 #172

Disappointment can be felt by people who invested in bitcoin when it was expensive, and now they are losing. But for other people, this is just another natural fall in bitcoin, which occurs regularly, after which Bitcoin, despite everything, steadily steps up
If you're always thinking about moving forward, consider going backwards as well.
Cryptocurrency is all about the ability to rise and fall at any time.
that's how cryptocurrencies and bitcoin in particular. rise and fall is common. fluctuating is the hallmark of bitcoin itself. so if people are aware of these basics, there will be no disappointment with bitcoin because before entering they already know the risks and characteristics of bitcoin itself with its price fluctuations that are commonly encountered.
well for some people who buy at ATH maybe they feel a little fear and disappointment. but not disappointment with bitcoin but more disappointed in ourselves why at the highest price we rush to enter and why at low prices we are afraid to enter. maybe disappointment like regret is what happens. and for some people including me then this drop is what is needed to add passengers or holders or cargo.

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July 03, 2022, 04:43:57 AM
 #173

Yes! BTC disappointed me very well because i invested in coin and then BTC got dip and i took a good loss and still stuck in loss. I am waiting for BTC up and then I will sell my Coin.

You will only get disappointed if you really don't understand or try to understand the market and what is happening in our world nowadays. People will get disappointed if they only care about the profits and they still thinking that in crypto they can earn fast with a high profit which is actually a lie, it is not always rainbows in crypto.

In the world of trading, it is not always easy or profitable because everything will have a reciprocity.
Moreover, to reap large profits in a short time is very unlikely and it will continue to be a dream.
And for me so far, understanding the crypto market is a fortune, not a way to get rich quick.

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July 03, 2022, 06:35:59 AM
 #174

It is important to understand that bitcoin is not a alternate currency, Its a alternate economy driven by a new technology of blockchain. It was satoshi who first proved the utility of blockchain as a currency. However since than a lot of new advancements have happened in blockchain economy, which are represented by altcoins. But overall this market has grown enormously and this is bound to happen in future as well. There is no reason to doubt of feel disappointed by bitcoin, as all this is  just part of ups and downs of the market.
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July 03, 2022, 07:07:55 AM
 #175

To be honest it did not disappoint me. Those who know this market well know that they will encounter such situations. Bitcoin could drop further from its current value. But that shouldn't scare us. On the contrary, it gives us a good opportunity to buy more bitcoins. Those who panic are selling the bitcoins they currently have and leaving the market. Those who buy these bitcoins have a great chance. They will have more dollars in their hands in the future.
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July 03, 2022, 10:34:29 AM
 #176

I guess if people are going to get rich quick with bitcoin AND have no losses, then they've got the wrong address.  The fact is that when investing in cryptocurrency, you need to take into account the volatility of the cryptocurrency and at the same time correctly navigate the market.  For me, Bitcoin will always remain a profitable means of saving, regardless of the state of the market, because I know the real prospects.  The only problem is the very slow acceptance of cryptocurrencies in society due to the attitude of the governments of our states towards cryptocurrencies.  In this regard, the banking sector, such as AFCASH, will play a major role, which should present the government with the right approach to use cryptocurrency.  And then bitcoin will not cause concern.
Your trust on Bitcoin seems very logical and most of crypto users believe in that but still we saw bitcoin to crash to the ground so many timeand this could cause a mjaor setback for whole crypto. So did you not think of it as a major hurdle to move on too ? I mean Bitcoin controlling the market is undeniable and for so long it is causing major upsets in the industry. So we have to look for other alternatives too and fot the 2nd part of your answer, Banking sectors are always reliable weather they are centralize ( nation banks etc ) or decentralize ( like you take example of AFCASH or xBlock etc ) they will always part of a reliable source of string and stacking your assets.
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July 03, 2022, 03:46:04 PM
 #177

Bitcoin has broken the all time high of 2017 and now it is around 19,000$. The worst part is that even on these level, we are not seeing any pumps and look like price may fall all the way to 10,000$ or even lower.
Once bitcoin was at 69,000$, who would have thought that bitcoin will go so low so fast ?  Now what do think, where we are in terms of bitcoin cycle. I think we are already in th bear market since summer of last year and maybe the bottom/ end of bear market is near ?
the way I am seeing bitcoin this time round,bitcoin it will fall again to 12000 because the 20,000  price is not stable and besides it has started decreasing because Bitcoin Toby increase is something that everybody is anticipating to happen in 2023 and the 2024. If you said now bitcoin will fall to reach 10000 it's not something somebody supposed to be arguing about because the possibility is at hand due to we do experience the falling of cryptocurrency every time so 2022 is the worst experience so far in the history of cryptocurrency falling
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July 03, 2022, 05:17:53 PM
 #178

Bitcoin has broken the all time high of 2017 and now it is around 19,000$. The worst part is that even on these level, we are not seeing any pumps and look like price may fall all the way to 10,000$ or even lower.
Once bitcoin was at 69,000$, who would have thought that bitcoin will go so low so fast ?  Now what do think, where we are in terms of bitcoin cycle. I think we are already in th bear market since summer of last year and maybe the bottom/ end of bear market is near ?
I'm very happy with bitcoin's performance to be honest, the market is getting bigger and bigger and despite inflation, war, covid, it's worth approx $19k, in my opinion that's pretty impressive! Looking forward for the next cycle!

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July 03, 2022, 05:25:17 PM
 #179

If you look at the conditions of the Cryptocurrency market and especially for Bitcoin, I don't think it's too disappointing, because it's a market law like this and why do I say Market Law because it is up and down or commonly called Bearish and Bullish, but the bottom line is what I've experienced so far "Bitcoin Never Disappoints".

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July 03, 2022, 05:35:53 PM
 #180

Yes, I got really disappointed at how Bitcoin after all years come back to the $19k price. I mean I understand how the covid and most cash turn to stock and crypto since nearly all traditional bussiness halt so people don't know where to invest their money. But at least, the price can't come back to this low. This is where I lay my blames on US policy and the ongoing invasion of Ukraine by Russia that push the market toward really the worst time for Bitcoin.
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