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Author Topic: Did Bitcoin Disappointed You ?  (Read 2005 times)
Mauser
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June 27, 2022, 08:18:41 AM
 #101

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 ?

Unfortunately yes we are in the bear market now. The drop of Bitcoins from 30,000 USD to below 18,000 USD happened very fast and came as a surprise to me. Somehow I hoped that there was more support for the bitcoin price. The recent drop created a lot of panic in the market and forced some people to sell without thinking much. I believe that some investors are now waking up and seeing that Bitcoin didn't drop down to 10,000 USD and feel bad about selling. Hopefully the worst is over now and we are not seeing further declines. Personally I am not disappointed by crypto currencies. When buying bitcoins and other cryptos I was aware that the prices will not rise steadily. We all know by now that crypto currencies as most other asset classes move on cycle. After the current bear cycle we will have a new bill cycle. It's all about the long term trend and that is still positive. At the end of the year I expect much higher prices again.
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June 27, 2022, 08:53:01 AM
 #102

I was also disappointed in the past because the price always dropped when I bought them, but after realizing it was a mistake that I made, I only blamed myself for not being more selective. I feel different emotional levels and am more grateful for what BTC has to offer than being frustrated with losses, although this period has seen many people just like me. In the past, I always blamed everything and couldn't look back on how I acted.

If you are old bitcoin trader and the investor then you should not be disappointed by the current market prices and price movements. Bitcoin usually has this history to dump beyond expectations / retail thinking and also pump big.

If you are in the crypto market for the long term, at least 4 to 5 years, then there is nothing to be worried as bitcoin and good altcoins will always recover.

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June 27, 2022, 08:59:38 AM
 #103

I caught the trend a bit late but wasn't disappointed in Bitcoin but rather on my analysis. My coach will always tell me listen to you chart and do what it says and not what you feel it should do. The Bear market might last a little longer. I wish the noise in the crypto industry gets filtered off completely so the market can get a better structure. As long as assets keeps existing supply and demand must always play out. Getting knowledgable on how to handle both limits future disappointments
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June 27, 2022, 09:21:36 AM
 #104

I am disappointed sometime , because it is normal for someone who had invested His money  in this crypto and then suddenly seeing the value falling badly like now?

but in the long run ? being thankful is what i do in bitcoin because eversince I come to invest and understand what this is?  my life changed and now i may say that almost successfully fulfilling my life for living .

so Thank you bitcoin instead if being negative.

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June 27, 2022, 02:31:51 PM
 #105

People feel dissopointed only when they expect so much from Bitcoin, expecting to make money from bitcoin in a short time. Not having patience to hodl and they give up and sell at loss. When one follows bitcoin the way bitcoin is , their will be nothing to feel disappointed about bitcoin.

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June 27, 2022, 02:51:20 PM
 #106

I am disappointed sometime , because it is normal for someone who had invested His money  in this crypto and then suddenly seeing the value falling badly like now?

but in the long run ? being thankful is what i do in bitcoin because eversince I come to invest and understand what this is?  my life changed and now i may say that almost successfully fulfilling my life for living .

People who have understood Bitcoin will still feel calm. But if you are a trader you may be disappointed when your expectations do not match the real situation. For example, you lose, many assets are lost. But so far I think Bitcoin has given me profit, pleasure. Bitcoin has helped my life a lot. He created the value that has given me money to live. Although there were some disappointing moments, it was my own fault. Bitcoin has brought a lot of happiness to me and my family and people around me.

R


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June 27, 2022, 03:35:03 PM
 #107

Bitcoin is incredibly decentralized although it is slow but safe so  I’m not disappointed, even in its ups and downs. I believe it will rise again cause the dip is a great opportunity for long term investors to buy and hold. So instead of being disappointed so many persons are actually getting the best out of it. Buying and holding is the best strategy right now. It’s better to take the risk of buying more and holding rather than feeling disappointed and selling off.
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June 27, 2022, 04:15:32 PM
 #108

Bitcoin is decentralization crypto currency but i don't care about bitcoin price. Bitcoin is not stable coin. For Experienced, When bitcoin price dropped then next pump bitcoin price will be broked of all time bitcoin price.I Think, bitcoin price will be more grow in next pump and i hope bitcoin price will be hit $70k+ in next pump.
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June 27, 2022, 08:50:20 PM
 #109

People feel dissopointed only when they expect so much from Bitcoin, expecting to make money from bitcoin in a short time. Not having patience to hodl and they give up and sell at loss. When one follows bitcoin the way bitcoin is , their will be nothing to feel disappointed about bitcoin.

Am always suprise if I see people complaining about the dip, how do you want bitcoin to keep pumping without dip, it's not really normal I saw lots of people saying bitcoin next target was $100k when bitcoin was around $60k and nobody every said bitcoin will dump, I believe bitcoin will definitely get to $100k but I know bitcon will dump first before bouncing back but am sure nobody knows when it will bounce back so current dip gives us opportunity to bad more bitcoin and wait for the next bull run which we will be targeting $100k.

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June 27, 2022, 09:15:17 PM
 #110

Bitcoin has never disappointed me.  It's always worked as it should.  The community has been a bit of a disappointment, but when there's money involved you can always expect people will take shortcuts or try to gain an oversized influence.  For me, Bitcoin was an awesome discovery and the community seemed like a utopia up until the blocksize wars.  The hate and trolling during those battles brought in a new crowd of Bitcoiner.  One who didn't care about Bitcoin, but cared about how they could use their vile behavior to make money.  This led to spamming, trolling, paid attacks, trust manipulation, forks, shitcoins, ICO scams...  We are still recovering from this mess, and now we have the blowup of CeFi.  However, all of these are problems with people interacting in the community and not shortcomings of Bitcoin.  Bitcoin is great.  People, not so much.

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June 27, 2022, 09:17:53 PM
 #111

And now that the support levels are gradually being broken, I think it is also necessary to rebuild the strategy to buy them back and hold them for the next 2-3 years.
That's a great strategy mate. When dealing in Cryptocurrency, you have to be patience enough. We must learn how to endure, if one probably wants to make good profit from Bitcoin. However, IMO, Long term investment have being my best way of investing. And this is the best time to purchase Bitcoin, The price is currently around $20k.
Although, some people are still scared that Bitcoin will fall to zero. They don't know Bitcoin have dump and dip.  Nevertheless, we shouldn't waste the chance of buying BTC for low price.  



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June 27, 2022, 09:19:43 PM
 #112

People feel dissopointed only when they expect so much from Bitcoin, expecting to make money from bitcoin in a short time. Not having patience to hodl and they give up and sell at loss. When one follows bitcoin the way bitcoin is , their will be nothing to feel disappointed about bitcoin.

Am always suprise if I see people complaining about the dip, how do you want bitcoin to keep pumping without dip, it's not really normal I saw lots of people saying bitcoin next target was $100k when bitcoin was around $60k and nobody every said bitcoin will dump, I believe bitcoin will definitely get to $100k but I know bitcon will dump first before bouncing back but am sure nobody knows when it will bounce back so current dip gives us opportunity to bad more bitcoin and wait for the next bull run which we will be targeting $100k.
For people who doesnt really have any experience or simply being noob in the market then they are the ones who do commonly have that kind of impression on where the market could only moving on one direction which is

going up which is something an impossible thing because it cant really be called a market if it would really be moving in one path thats why whenever or on the time that they do experience for themselves about the truth

of this market on how it do behaves or on how it do moves then they would really be careful on next time and be aware about these market dumps and would make out analysis through it.Its normal yet even myself when
im still noob or first time of this market do really have that kind of mindset or beliefs.

Bitcoin isnt a disappointment but of course you should be making yourself be prepared on whatever things you would experience along the way.

R


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June 27, 2022, 09:20:16 PM
 #113

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 don't bother myself with issues that I know isn't beneficial but for Bitcoin, it's the super moon. Irrespective of the current bear market, Many  have benefitted big time for the Bitcoin market while some have had series of unfortunate losses. As a smart Crypto investor, we all know the time to bag more to the fullest for future benefits and moreover, it is  a store of value so holding Bitcoin is never a mistake because when bill market starts, hodlers would  make it big time and forget thier sorrow. The current market is for men whom got the heart, if you don't, don't bother going near.

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TheNineClub
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June 27, 2022, 09:30:08 PM
 #114

Not really, no. I still look at it as a social experiment, and it's still ongoing, and whatever the results may be, we can leaen from it and make better concepts for the future. I never took it as an investment even tho I have money in it, but rather an interesting push towards some possible changes.

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June 27, 2022, 10:18:05 PM
 #115

Not really, no. I still look at it as a social experiment, and it's still ongoing, and whatever the results may be, we can leaen from it and make better concepts for the future. I never took it as an investment even tho I have money in it, but rather an interesting push towards some possible changes.
People are well aware of the market. Every beginning of a new market trend creates some disturbance within the users, but the same gets adopted in a short. It is quite interesting to find a person who doesn't consider bitcoin an investment. Majority of the people who are into bitcoin were for the money, taking the same a concept for the future development is more progressive way of looking bitcoin.

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June 27, 2022, 10:32:03 PM
 #116

Everyone who works in cryptocurrency is terrified of this bitcoin dumping.Because the market once stood at $69k but then slowly dropped to $17k.People must be terrified of such a big dumping. I had to invest a lot of dollars. My funds have dwindled due to the dumping of those markets.I have suffered a lot as a result of excessive dumping in the Bitcoin market and have been the most panicked.
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June 27, 2022, 10:39:16 PM
 #117

bitcoin did not disappoint me. that's because bitcoin is a volatile asset, just as it increases a lot in price it also drops a lot, people need to be aware of this before buying bitcoin, they can't think: " I'm going to buy bitcoin and the price will always go up and I will make a profit", this is deluding yourself, if someone bought at a low price then that person will sell at a high price and the price will fall, it will always be like this, that's why for me bitcoin did not disappoint me because I understand that this price drop and something normal

Everyone who works in cryptocurrency is terrified of this bitcoin dumping.Because the market once stood at $69k but then slowly dropped to $17k.

It's normal to be afraid, but people should have foreseen this by now

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June 28, 2022, 03:58:09 AM
 #118

Of Course the dip in the price value of bitcoin has made me disappointed but I am also well aware about the nature of Bitcoin. It will again rise like it rose in 2021.
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June 28, 2022, 09:49:34 AM
 #119

bitcoin did not disappoint me. that's because bitcoin is a volatile asset, just as it increases a lot in price it also drops a lot, people need to be aware of this before buying bitcoin, they can't think: " I'm going to buy bitcoin and the price will always go up and I will make a profit", this is deluding yourself, if someone bought at a low price then that person will sell at a high price and the price will fall, it will always be like this, that's why for me bitcoin did not disappoint me because I understand that this price drop and something normal

Everyone who works in cryptocurrency is terrified of this bitcoin dumping.Because the market once stood at $69k but then slowly dropped to $17k.

It's normal to be afraid, but people should have foreseen this by now

I share the same sentiments with you, mate. Knowing the nature of bitcoin which is naturally volatile, it is normal that we experience minor and major fluctuations. This is due to the market movement and at the same time, due to external factors such as big events or personalities that have an influence over the market trend. In addition, there are kinds of market season in which we have to be aware of so that we won't be easily shaken or disappointed.

Right now, we are still in a bearish market. This happens once in a while and is a great opportunity to buy the lower price points if you have the means. For those who aren't really knowledgeable beforehand will really feel disappointed because most of them only think that bitcoin will always be in its all-time-high. When in fact, it won't be. There would be bad days too depending on how you view things.
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June 28, 2022, 10:07:25 AM
 #120

When the price of Bitcoin goes down, no prediction can be effective for that moment. All kinds of support levels will be broken. Bitcoin price down from $69000 to $20000 and some experts also assume have the possibility to reduce more. However, if Bitcoin is worth $10,000, then crypto will be fallen in long term bearish. Many investors even lose all their assets. But I’m optimistic that since the Blue Whales have started buying this means it’s the highest dip to buy. As a bitcoin investor i am not disappointed as i know that it is a long term investment asset.

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