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Author Topic: Did Bitcoin Disappointed You ?  (Read 2005 times)
goldkingcoiner
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July 29, 2022, 04:18:17 AM
 #201

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 hope that the recent pump lifted your spirit up a bit. People who are disappointed by Bitcoin are people who never really believed or researched Bitcoin. They either went into the investment blindly or with half-baked knowledge. Exactly those are the kind of people who panic sell and then panic buy and panic sell again and over and over and over. Until all their money is gone. Then they say they are disappointed by Bitcoin...

If you believe in Bitcoin then your best option would be to just hodl and not think about downs and ups too much.

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July 29, 2022, 05:26:16 AM
 #202

A disappointment brings back good memories, so I view it positively. To build a great future, it's necessary. It was my expectation 5 years ago that crypto would be volatile, but disappointment forced me to believe otherwise. Whales always look for opportunities to capitalize on what may seem like a logical market move. The markets are looking good now when the FED releases news. Based on market expectations, the bad news is not necessarily bad news. There are times when I've had disappointments with Bitcoin, but you have to make a plan around that and you'll do well.

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July 29, 2022, 08:45:37 AM
 #203

A disappointment brings back good memories, so I view it positively. To build a great future, it's necessary. It was my expectation 5 years ago that crypto would be volatile, but disappointment forced me to believe otherwise. Whales always look for opportunities to capitalize on what may seem like a logical market move. The markets are looking good now when the FED releases news. Based on market expectations, the bad news is not necessarily bad news. There are times when I've had disappointments with Bitcoin, but you have to make a plan around that and you'll do well.

I agree. Disappointment is inevitable and we can’t control the market to fulfil our desire financially. If you don’t to take a step then don’t dare do get involve with crypto but if you want to take a big step of your life go study the market and make yourself be teachable. We should accept disappointment because it is what the world taught us, to be flexible of what possible scenarios you will encounter.
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July 29, 2022, 09:21:03 AM
 #204

There'll be always disappointments with investment. Surely bitcoin users too might have experienced it. Because, most of the users doesn't have any understanding about the technology. All they know is about the growth and it's potential to profit the investors. This lands many people into bitcoin and they have the understanding of bitcoin being a way to turn themselves rich. Here many have got disappointed as they weren't able to have patience for long term.

People who are frustrated with bitcoin mostly invest in Fomo style and have no knowledge of bitcoin, they think simply buy and wait for it to rise in price they will make a profit. For the average user, it is not necessary to know the technology of bitcoin, but if they had studied bitcoin and its volatility from the time it was created to the present day, they probably wouldn't be disappointed.

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July 29, 2022, 07:23:16 PM
 #205

1 BTC = 1 BTC.

Why are you disappointed?  What, did you expect that 1 BTC would somehow become worth >1 BTC? Roll Eyes

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July 29, 2022, 07:33:46 PM
 #206

Bitcoin is actually a deflationary currency, unlike fiat currencies. With a fiat currency, the central bank can just print more of it and people will pay more for it. By contrast, with Bitcoin, the amount of Bitcoin is limited. In terms of quantity, this is actually an advantage for bitcoin, as it forces people to hold Bitcoin as opposed to cash, which can become worthless in time. Furthermore, Bitcoin has the ability to become more expensive as more people adopt the currency, which tends to discourage hoarding.

So if you are disappointed with Bitcoin today, your attitude can change tomorrow, or next week, but do your homework and understand the fundamentals. 

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August 01, 2022, 04:00:12 AM
 #207

Just when the downtrend started, I was a little upset because it felt like all my money was going into a deep hole. But after reading posts by experts, I felt quite calm as they expect it to bounce back to new heights in some time. So, I don’t mind seeing my bitcoin sitting ideally in my wallet for some time.
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August 01, 2022, 12:27:32 PM
 #208

There'll be always disappointments with investment. Surely bitcoin users too might have experienced it. Because, most of the users doesn't have any understanding about the technology. All they know is about the growth and it's potential to profit the investors. This lands many people into bitcoin and they have the understanding of bitcoin being a way to turn themselves rich. Here many have got disappointed as they weren't able to have patience for long term.

People who are frustrated with bitcoin mostly invest in Fomo style and have no knowledge of bitcoin, they think simply buy and wait for it to rise in price they will make a profit. For the average user, it is not necessary to know the technology of bitcoin, but if they had studied bitcoin and its volatility from the time it was created to the present day, they probably wouldn't be disappointed.
It's true what you said, we can't just buy and wait to achieve something we want with bitcoin. There must be in-depth knowledge to achieve something. If acting like that can make a profit, I think everyone can do it too. But the facts on the ground are not like that, we have to sacrifice something for that.
Speaking of disappointment, I don't think longtime bitcoin users will say they're disappointed, because what they've been getting from bitcoin has been amazing.

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August 01, 2022, 06:18:17 PM
 #209

There'll be always disappointments with investment. Surely bitcoin users too might have experienced it. Because, most of the users doesn't have any understanding about the technology. All they know is about the growth and it's potential to profit the investors. This lands many people into bitcoin and they have the understanding of bitcoin being a way to turn themselves rich. Here many have got disappointed as they weren't able to have patience for long term.
Bitcoin can never disapoint users if truly they understand bitcoin well.  People may see bitcoin to dissapoint them when they expect to become rich in investing in bitcoin.  Only investing in bitcoin does not make one to be rich, beginners come with this mindset and at the end of everything get dissapointed.
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August 01, 2022, 06:22:30 PM
 #210

Of course Bitcoin disappointed me. Bitcoin often leaves people in despair.But if we look at the Bitcoin market we can see that after 1-2 years there is a huge gap between the Bitcoins which makes people really disappointed.Like Bitcoin from 69 thousand dollars to now at 23 thousand dollars, this is where people are confused and frustrated.Such a situation in the Bitcoin market in particular creates a pessimistic attitude among Bitcoin investors and all investors.Avoid investing in them.

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August 01, 2022, 09:14:33 PM
 #211


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Emotionally speaking, bitcoin is the thing that made my life and stable position in life. That is why, regardless of where bitcoin is at any given time, I may be disappointed. because it's a part of my life. And, despite having been involved with cryptocurrency since 2016, I witnessed the pump and dump situation, and I learned one thing from 2016 to 2022: bitcoin is volatile and has lost game power. How much power and potential does it have to come back and break its all-time record suddenly and make people rich too? Si, this is an impossible task for me to be disappointed in Bitcoin. It's my love and a part of my life too.
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August 02, 2022, 06:27:59 AM
 #212

Quote
Of course Bitcoin disappointed me. Bitcoin often leaves people in despair.But if we look at the Bitcoin market we can see that after 1-2 years there is a huge gap between the Bitcoins which makes people really disappointed.Like Bitcoin from 69 thousand dollars to now at 23 thousand dollars, this is where people are confused and frustrated.Such a situation in the Bitcoin market in particular creates a pessimistic attitude among Bitcoin investors and all investors.Avoid investing in them.

I don't think, it's all investors that was disappointed with this current price because they believed that Bitcoin is unpredictable which it can pump higher today and dump tomorrow without any sign in the market. Many investors have been waiting for this opportunity to come in the community, so that they can use the opportunity to buy a huge amount of bitcoins and hold for the price to hit back to $69,000 before they can release them for sale to make a good profits from the market. Now that the price of Bitcoin has decreased to $23,000 in the market, it is the best season for me to use a huge amount of capital to purchase Bitcoin  for future profit making.

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August 02, 2022, 08:53:14 AM
 #213

Until now I have never been disappointed with bitcoin when the price of bitcoin drops I just need to control myself so I don't panic easily that's all I did in 2018 I only control myself so my assets are safe, I recommend to those of you who hold Bitcoin is currently not easy to panic with the market if you panic then you will get a loss.
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August 02, 2022, 10:40:18 AM
 #214

I personally have never felt disappointed or disadvantaged by bitcoin.

actually bitcoin is a very good crypto asset and very profitable for investors or traders.
In the past when I was trading crypto several times I got many times the profit from the altcoins that I bought and all of these altcoins experienced a significant increase because they followed the price of bitcoin which soared continuously.

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August 02, 2022, 01:30:29 PM
 #215

I personally have never felt disappointed or disadvantaged by bitcoin.

actually bitcoin is a very good crypto asset and very profitable for investors or traders.
In the past when I was trading crypto several times I got many times the profit from the altcoins that I bought and all of these altcoins experienced a significant increase because they followed the price of bitcoin which soared continuously.
I used free money earn form bounty campaign and airdrop project become trader and investor in bitcoin, almost five years have been active as investor, bitcoin not make me disappointed. I know with several time with bitcoin price drop drastically, but other thing the best way for me when bitcoin drop to buy back, usually not only with bitcoin as my investment but also I am active investing in altcoin. I think bitcoin keep the best investment assets than other kinds investment like property, gold and silver. Peesonally this my ideas and I don't think all will agree about bitcoin as best imvestment assets.

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August 02, 2022, 02:39:40 PM
 #216

disappointed in every thing, there must be even if it's for btc, but this disappointment that I felt when btc at 60k$ I didn't let go, still holding it up to 70k$ up but all that remains is hope for btc to return to its previous price at this time.

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August 03, 2022, 04:09:58 AM
 #217

Of course Bitcoin disappointed me. Bitcoin often leaves people in despair.But if we look at the Bitcoin market we can see that after 1-2 years there is a huge gap between the Bitcoins which makes people really disappointed.Like Bitcoin from 69 thousand dollars to now at 23 thousand dollars, this is where people are confused and frustrated.Such a situation in the Bitcoin market in particular creates a pessimistic attitude among Bitcoin investors and all investors.Avoid investing in them.
There are some differences between the characteristics of a successful investor and a failure. As in the current bearish market we are pessimistic about Bitcoin there is no end to our tension. Maybe due to various reasons we can't hold it anymore and have to sell it at a low price. Actually successful investors capitalize on this time. They now just ready for buy, grab a dip whenever they find it and selling it at expected price. So don't get discouraged always move forward positively success will come.

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August 03, 2022, 06:31:20 AM
 #218

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 ?
For now bitcoin is in a 4 year cycle, where we can see the journey of bitcoin experiencing a decline in price, this cycle is almost the same as in 2017 where bitcoin began to strengthen until the achievement of new ATH until 2021.

But after the achievement of ATH, bitcoin is back in the correction cycle as it is now, in 2022 bitcoin is back at the stage of an endless correction, meaning that the correction has not been in the recovery stage until now, now we are in a bear market that is not sure when it will end, but I believe this will end until the stage of complete recovery
Of course the market will have its own trend, where later the reversal will occur. Like this time where the market experiences the bearish season, and all we have to do is react to it by looking for opportunities, and of course the opportunity to buy. This will be different from the Bullish season coming, we must look for opportunities to sell. If you can address the market like that, of course there is no more dramatization in investing

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August 03, 2022, 06:00:20 PM
 #219

disappointed in every thing, there must be even if it's for btc, but this disappointment that I felt when btc at 60k$ I didn't let go, still holding it up to 70k$ up but all that remains is hope for btc to return to its previous price at this time.
If you feel that you have disappointment for everything then maybe you have a mental condition already. You better be checked by a professional as it can get worse and affect you physically but anyway, it seems that it's your fault already on why you didn't let go or sell your btc because you got greedy thinking btc value can continue up to 70k.

You shouldn't say that btc disappoint you because in the first place, btc didn't promise you that its value can rise continuously but there is one thing that is sure here and that is bitcoin is volatile so its value can go up and down without prior notice. People needs to be good at predicting to take advantage of this.
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August 03, 2022, 06:56:53 PM
 #220

Not disappointed at all rather I see it as an opportunity to lay hands on more coins. Buy and hold nothing more........

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