Did Bitcoin Disappointed You ?

[Mr.sprin]

bitcoin did not disappoint me because basically the price of bitcoin is unstable so even though i bought bitcoin when the price was high and now the price of bitcoin is down i am not disappointed to hold bitcoin because i believe the price of bitcoin will rise again in the future so i make bitcoin an asset for the future .

[candyhardtoforget]

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 ?

~No, in my opinion, speculating is risker than mining as the fluctuation range is large and very often the price of coins is affected by the market, policies, news and other factors

~It is more suitable for mining when the market is sluggish or in the downtrend as the mining machine price reduces, difficulty decreases, miners can mine a stable amount of coins over a long period of time, when a bull market arrives, miners can sell the coins they dig up in a bear market for a huge profit

In Short: "Bear market mining, Bull market speculation"

[skarais]

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 has never let me down so far and I have been involved in this space for over 5 years so far. In the long term, bitcoin is much more profitable for me than other physical assets like gold, but of course I have to ignore price fluctuations. It is true that we are currently on a different cycle as the downturn has reduced some of my asset estimates, has fallen by as much as 70% of what it should have been. Lol

A little less than happy with the current situation, but there is better hope to look forward to in the long term for bitcoin that will keep me going amidst these ups and downs. I am trying to do accumulation for bitcoin where I will buy dip, this will give me a chance to earn more bitcoin.

[Frengki_cisco]

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 expect Bitcoin to drop by more than $19k, I don't expect today to be the lowest point for Bitcoin this year, as you said $10k is a big hope for me.

Maybe any of us here have seen things that happened with Bitcoin from the past period, my assessment is the continuation of the bear market will continue until 2023, I am very sure that will happen.

[Osteoid]

As a trader, I obviously want bitcoin to keep showing upward movement. But now that it is showing downward movements, I am upset and I can’t even think of hodling since the future is unpredictable and trading seems to be a better option at the moment.

[Kimonoe]

there is no need to be disappointed with bitcoin, because when the bullish season comes I always sell some of it, although a small part is still left until it is in the bearish season, then my job is just to hold it and buy it again using the profits from previous sales, and of course I enjoy some of the results profit is to reward yourself. therefore keep us from being greedy so that it brings us to panic when the dump occurs

[Fedrey]

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.

[ven7net]

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 think that the price of BTC has already reached its bottom and in the future the price of BTC will go down. I assume that at the end of 2021, the next cycle in the crypto market ended and now a new cycle has begun, which is equal to four years. If this is true, then an even deeper drop in the BTC price is ahead of us, but there will also be a slight increase. In simple words, the price of BTC will be volatile, but will generally tend to decrease. But as for the new growth and the flight to the moon, I think that it will coincide with the end of the problems in the world, which have now taken on an acute form. This is just my view of what is happening, but we will all see how it will actually be, but later.

[cheezcarls]

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 ?

Nope not really. I am doing the traditional old school dollar-cost averaging (DCA) type of investment in which I disregard the current price of Bitcoin and its movement whether if bearish, bullish or treading waterish. I didn’t bought Bitcoin at the top. I was actually waiting for it to go somewhere $20k to $30k before calling it to buy every month.

[Cryptmuster]

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.

Just because the whales are buying now doesn't mean the price won't fall any further, but it could mean the price will be higher in the future than it is now. Every time it happens the same way, when the price rises, then there is euphoria in the market, when the fall begins, many begin to think that this time it is the end. I buy bitcoin little by little, if it falls I will buy more, because this has happened many times, each time after the fall the price rose again. The fall can last for several years and I'm ready for it.

[jossiel]

there is no need to be disappointed with bitcoin, because when the bullish season comes I always sell some of it, although a small part is still left until it is in the bearish season, then my job is just to hold it and buy it again using the profits from previous sales, and of course I enjoy some of the results profit is to reward yourself. therefore keep us from being greedy so that it brings us to panic when the dump occurs

Yeah, there's no need for us to worry.

If we've seen $69k and we saw that there's a sudden plummet and it became $17k to $19k, what's with that? We saw the price moving up fast and then we'll not welcome the quick correction?

We should be open onto those things especially if the price pump is too quick. It's scary but that's the reality that when we see a quick skyrocket, we should expect the entire opposite of it.

[Hypnosis00]

Disappoint? I was not but instead, it makes me happy knowing and realizing that Bitcoin is uncontrollable, and this bear season will somehow give me bigger chance to earn more. I was taught before that manipulation makes things change around crypto and that includes Bitcoin in the coming days but what we have witnessed is still undeniable that it was not, and we fail our expectations.

Maybe this will disappoint those who overthink Bitcoin, those who think it reach $100k last year. I won't disclose the chance however, we still don't know when, like a puzzle game.

[gabbie2010]

there is no need to be disappointed with bitcoin, because when the bullish season comes I always sell some of it, although a small part is still left until it is in the bearish season, then my job is just to hold it and buy it again using the profits from previous sales, and of course I enjoy some of the results profit is to reward yourself. therefore keep us from being greedy so that it brings us to panic when the dump occurs

Why will I be disappointed with bitcoin? During Bullish runs almost every crypto hodlers, traders etc earn some decent profits and no complains, however now that the market entered a bearish run a lot of hodlers are complaining while some dumped after panicked at a loss others became worried that the price had been in a bearish run for long, though the prolonged state of this present bearish runs is very unusual, however I am very optimistic that the price will return to the bullish sentiment in no distant future, the best bet is to buy at low using DCA while selling at high.

[Webetcoins]

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.

This is such a great approach and I feel the same way without a doubt. I have been in crypto for many years now and yes I could have made a lot more money if I sold at the peak instead of keeping it and buying even more at the lower prices. But that doesn't change the fact that I am very much in love with bitcoin and I can't see myself ever being outside of crypto neither, I feel like it is the most important thing that I am doing right now and should be quite important to realize that we are not doing something for the short term, we are not doing it just for the profit, we are doing this because we are very much in love with bitcoin and that's it.

I know for a fact that no matter what happens, even if I can't make any money, even if I lose all my money, even if I have no job, I will still be caring about bitcoin without a doubt, it will not be simple and it will be a very poor period of my life if that happens, but I will not give up for sure.

[Isay]

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.

You're right, banking sectors are very lacking in cryptocurrencies these days, I myself have only recently learned about afcash, but previously I have watched similar organizations and as a rule they all normally show themselves.

[rby]

I can say that bitcoin disappointed me. But wait, not from the context you are coming from Op, it is from a different context. The context that bitcoin failed to hit $100k. Assuming bitcoin was able to touch $100k, many people wouldn't have been greatly affected by the current bear because they must have been off the market by now.

Also people that but as high as $60k and above are very much disappointed by now. I don't know for El Salvador, they could also be disappointed.

[abel1337]

I can say that bitcoin disappointed me. But wait, not from the context you are coming from Op, it is from a different context. The context that bitcoin failed to hit $100k. Assuming bitcoin was able to touch $100k, many people wouldn't have been greatly affected by the current bear because they must have been off the market by now.

Also people that but as high as $60k and above are very much disappointed by now. I don't know for El Salvador, they could also be disappointed.

People are just so hyped up last bull market that they expect bitcoin can go straight to $100k. Bitcoin reaching $69k is a big achievement last bull season and people expected more so they got disappointed because of their entry price I guess or they take a loss on bitcoin dropping value.

There's no need for us to be disappointed in bitcoin, The market has a cycle and we are in a season where people will get liquidated and the only ones who will survive is the one who is smart taking advantage this bear market.

[Ahli38]

Instead of being disappointed, I actually seemed to have new hope when the bitcoin price dropped to its current price of $19k-$21k. because it's like getting a second chance. if in the past I had regrets when bitcoin reached ATH because I regretted not buying much when the price was below.

and now when the price goes down again. then this is a rare opportunity that makes me a little excited and find a new motivation to continue to accumulate bitcoin at the current price. whether with DCA or not. because for the long term I am optimistic and have good faith about bitcoin.

and recently I also got a new motivational boost from Michael saylor's tweet. he again collects bitcoins and increases the number of bitcoins he holds. he uses the fear of others selling as an opportunity to accumulate.

[Flexystar]

It actually making me happy that bitcoin is crushed so much. This is my greatest time to buy it all at discounted rates and I know this is good thing to do because just like you said, bitcoin was 69k! That’s the point I want to reach after buying at the today’s market price.

The chaos which is happening right now is negative for many people but me, im being proactive about this.

[fuguebtc]

I'm not disappointed but I'm also quite surprised that it breaks the historical rule of falling below the old ATH. This year's bear season has given us a lot of new lessons, anything can happen and the market is getting a lot tougher.

In any case, I hope the remaining investors in the market so far are not disappointed and give up on the market. Maybe bitcoin will have many more drops even further than we think but don't panic and leave the market, the deeper bitcoin falls, the stronger it rises.