Traffic will jam if bitcoin pumps

[Blisszi]

Many people are relenting to trade or invest but assuming the pumps start now, everybody will wants to come back and make money. People can not endure test of time, everybody is taking out their bitcoin investment because they've no strong foundation for bitcoin but those staying and keep trust the project of bitcoin will reap the reward of their patients.

This what in 2011, people miss opportunity to be rich by the act of impatient and remorse of system crashed but we are strong enough come rain come shine we will still wait for good days to come. Bitcoiners for life

[John Abraham]

Does the title match your posts?
I am not sure. Maybe due to the language barrier.
Who said Bitcoin doesn't have a strong foundation? Already millions of people use bitcoin and hold it. Day by day, people are learning more about bitcoin. Whoever knows in-depth details about bitcoin and its features. They are still using it, and it's spreading over the world. Nobody knows when the pumps will start. Everyone just predicts and we do the same as well.

[panganib999]

Many people are relenting to trade or invest but assuming the pumps start now, everybody will wants to come back and make money. People can not endure test of time, everybody is taking out their bitcoin investment because they've no strong foundation for bitcoin but those staying and keep trust the project of bitcoin will reap the reward of their patients.

This what in 2011, people miss opportunity to be rich by the act of impatient and remorse of system crashed but we are strong enough come rain come shine we will still wait for good days to come. Bitcoiners for life

Got really confused by your title. In any case I think, and correct me if I am wrong with this, you're talking about people who are too hasty when it comes to taking out their investments. To which I will say, it's their money, they can do whatever the hell they want with it. Yes, they lost on a a huge percentage of profits they could've gotten if they just held their coins but for me, profit is profit. Everyone has their own threshold of how much they can lose, not everyone can afford having all their investments zeroed out, so to persecute these people out of the fact that they are "weak hands" are just weird to me. Again it's their money, their rules.

[mendace]

I'll be honest, I didn't understand what you wrote and the title doesn't match the text (or what it looks like) however whoever withdraws from Bitcoin after experimenting means they weren't ready or didn't understand anything about the protocol.

[Flexystar]

Many people are relenting to trade or invest but assuming the pumps start now, everybody will wants to come back and make money. People can not endure test of time, everybody is taking out their bitcoin investment because they've no strong foundation for bitcoin but those staying and keep trust the project of bitcoin will reap the reward of their patients.

This what in 2011, people miss opportunity to be rich by the act of impatient and remorse of system crashed but we are strong enough come rain come shine we will still wait for good days to come. Bitcoiners for life

That is Bitcoin's next big thing in line. I mean what would you expect when bitcoin goes up? A race where newbies are having FOMO investments while legends who already had bought bitcoin at the discounted prices will be either hodling or pressing sell button as fast as they could. That's what happens when bitcoin is pumping and people reacting to it.

For example, in any type of trading (like commodity based, shares, stocks or crypto for that matter), there are always few type of fixed groups
1. There are FOMO investors
2. Group that is buying constantly for DCA methodology
3. People who are long term institutional investor believer. They will just keep buying irreseptiov of prices
4. Group that would be selling to book profits.

....and that is why there analogy of above cycles.

Does the title match your posts?
I am not sure. Maybe due to the language barrier.
Who said Bitcoin doesn't have a strong foundation? Already millions of people use bitcoin and hold it. Day by day, people are learning more about bitcoin. Whoever knows in-depth details about bitcoin and its features. They are still using it, and it's spreading over the world. Nobody knows when the pumps will start. Everyone just predicts and we do the same as well.

OP is referring to sudden spike in activities that I have mentioned above. More than that they might be thinking about increased transaction / network congetion that happened during the 2017-18 Bitcoin pump. At that time bitcoin confirmation were taking longer than usual. With low fees it was weeks and even month in some cases. That kinda "traffic jam" they might be thinking here.

[logfiles]

You basically described what FOMO (Fear Of Missing Out) is. It happens all the time in almost all markets, Shitcoins, Stocks, Commodities... you name it. What some people don't understand is only a few will rip big from anything involving gaining a lot of money. Be it trading, mining or any other form of business. This is a bitter fact that is hard to swallow.

What you should try to focus is on the part where masses haven't yet come in because as soon as there is a gold rush by the masses (FOMO) it will no longer be that profitable.

[Fatunad]

Does the title match your posts?
I am not sure. Maybe due to the language barrier.
Who said Bitcoin doesn't have a strong foundation? Already millions of people use bitcoin and hold it. Day by day, people are learning more about bitcoin. Whoever knows in-depth details about bitcoin and its features. They are still using it, and it's spreading over the world. Nobody knows when the pumps will start. Everyone just predicts and we do the same as well.

This is what i do want to ask too on which i dont see the connection of the topic title on the content of the post which it is really that too contradicting.
Going back about being the main coin been supported by the community then it would be no surprise since it had been tested out by lots of challenges and other issues that had been thrown to it
but still it do stood strong.

For those who had missed out the train then its still not that late for us to get in but of course earning opportunity and chances is really entirely different compared
to those who had able to get in early.

[goinmerry]

Many people are relenting to trade or invest but assuming the pumps start now, everybody will wants to come back and make money. People can not endure test of time, everybody is taking out their bitcoin investment because they've no strong foundation for bitcoin but those staying and keep trust the project of bitcoin will reap the reward of their patients.

This what in 2011, people miss opportunity to be rich by the act of impatient and remorse of system crashed but we are strong enough come rain come shine we will still wait for good days to come. Bitcoiners for life

There is no missed opportunity since no one even knows what will be the future of Bitcoin though.

Regardless of everything it's good that past experiences should teach us what to do next.

Since we already witness what bitcoin is capable of, then just accumulate as much as we can if possible.

[kamvreto]

Does the title match your posts?
I am not sure. Maybe due to the language barrier.
Who said Bitcoin doesn't have a strong foundation? Already millions of people use bitcoin and hold it. Day by day, people are learning more about bitcoin. Whoever knows in-depth details about bitcoin and its features. They are still using it, and it's spreading over the world. Nobody knows when the pumps will start. Everyone just predicts and we do the same as well.

This is what i do want to ask too on which i dont see the connection of the topic title on the content of the post which it is really that too contradicting.
Going back about being the main coin been supported by the community then it would be no surprise since it had been tested out by lots of challenges and other issues that had been thrown to it
but still it do stood strong.

For those who had missed out the train then its still not that late for us to get in but of course earning opportunity and chances is really entirely different compared
to those who had able to get in early.

it's a little contradictory, but according to the OP about bitcoin foundation, he said that a beginner can't stay strong holding bitcoin because they don't understand what bitcoin's foundation really is, so they have no reason to continue to hold bitcoin. but for those who believe and know about the bitcoin foundation, will continue to hold bitcoin until the price they want is reached.
The bitcoin user community has spread all over the world and has become a large community.
For those who are behind or know about bitcoin, now there are still many opportunities that can be obtained. The price of bitcoin is also still in the $20k area and it is still very much worth it to enter. entering early means entering as soon as possible, due to rapid price fluctuations so determine where you will enter.
Bitcoin is for long-term investment, so don't panic about the decline, it only provides an opportunity for us to continue to add bitcoin assets.

[mk4]

This is pretty much just a "you should patiently hold bitcoin" that's just stretched out to make it look like a thread that's been actually worked on lmao. We already have like 346346434 variations of this topic.

[JamesBorn]

Many people are relenting to trade or invest but assuming the pumps start now, everybody will wants to come back and make money. People can not endure test of time, everybody is taking out their bitcoin investment because they've no strong foundation for bitcoin but those staying and keep trust the project of bitcoin will reap the reward of their patients.

This what in 2011, people miss opportunity to be rich by the act of impatient and remorse of system crashed but we are strong enough come rain come shine we will still wait for good days to come. Bitcoiners for life

I think the writer was a bit confusing from your tittle but your points are good though when it comes to investment of capital people are very calculative not to incurs excess loss or regrets and at this point I don't blame anybody taking their money because how do you think this saga of bitcoin deepening price will last, guy people's capital is just reducing every second, some even invest with little amount and the capital has vanished over time.

There is nothing bad to holds if you're comfortable with that but if you're not you sell off and relax your mind from the deep until probably bitcoin has a head way again. There is nothing like foundation in cryptosystem because you're not the one that build it we only journey along, people who knows the foundations should be the pioneers of the projects, lol, they can lightly tells us our faers. But been patients or not does not guarantees the safety of your trade capital or investment.

[adaseb]

I read the original post two times and still can’t understand exactly what he is trying to say. From the topic I think he is talking about the blockchain confirmation times due to a huge back log and he is not wrong.

When Bitcoin and especially Ethereum are pumping the fees are crazy high. Even earlier today the gas fees were like 100 Gwei for a short while. Basically makes the network unusable however you can’t complain because at least your investment is rising.

[Husires]

If the reason for your investment is that you believe that you will be rich, then you will most likely sell your currencies at the nearest price increase or panic. Your investment must be based on a solid foundation.
Investing is a disciplined behavior based on plans, which means that hopes and optimism for quick wealth is not within that disciplined behavior.

Many sold when prices collapsed in 2013 or 2017.

[ethereumhunter]

I guess he's saying that many people who trade and invest in bitcoin want to go back to doing it again, hoping to make a profit or money. But unfortunately, not many people can survive in difficult situations and decide to get out of crypto and not come back. People who want to go back don't know where to start but believe in bitcoin and still want to invest in it.

And if those people can't patiently wait for bitcoin to get another new ATH, they still can't make any more profits.

[jostorres]

I read the original post two times and still can’t understand exactly what he is trying to say. From the topic I think he is talking about the blockchain confirmation times due to a huge back log and he is not wrong.

When Bitcoin and especially Ethereum are pumping the fees are crazy high. Even earlier today the gas fees were like 100 Gwei for a short while. Basically makes the network unusable however you can’t complain because at least your investment is rising.

Sorry to say this but you are wrong. He is not referring to the blockchain or traffic of the transaction but what he truly mean is that people will go back again in the market once Bitcoin pumps. Actually, the majority is still here and the ones that quit temporarily are the newbies who don't know yet if what is the potential of Bitcoin. BTC price have dropped but it does not mean that Bitcoin has no strong foundation.

A drop in the price is only temporary and normal. Many people doubt BTC in its earlier days but I wouldn't blame those people. If we are on their shoes I think we will also do the same thing or do worse than what they did. What do you expect with them @OP? Bitcoin that time was still new..

[el kaka22]

That's a good trouble. Same issue with fees, during the bull run when the price is breaking above ATH price, that means transaction fees increase a lot as well and that causes a bit of an issue for people who would like to deposit or withdraw or simply just move money around.

However, that is a good problem to have and we can afford it most of the time because we end up with making so much profit, so when you make that much profit, paying a bit more to fees doesn't really bother you. Same with the jam, there could be a lot of people, we won't care about it because we would be busy celebrating the insane increase of the bitcoin price and how it is doing.

[tjtonmoy]

This what in 2011, people miss opportunity to be rich by the act of impatient and remorse of system crashed but we are strong enough come rain come shine we will still wait for good days to come. Bitcoiners for life

Forget about the past. What have you learn from it?
Will you miss another chance too? This bear run was an opportunity. Those who have bought the DIP and still hodling, will be rewarded in the bull run. And those early and panic sellers will be at the loss and helping those hodlers to buy at low.
It also clears out those weak from the market, only keeping the strong hands, thus making the market flow in a steady motion. so eventually we will see a jam but it will clear out soon.

[livingfree]

It's true that if the market goes bullish again, there will be a lot of people that have been in here that shall come back and would like to take profit and get a chunk from it.

This isn't new because in almost every market there are traders and investors that only looks for the short term gain. Needless to say, forget about them and focus on your own goal which is to make yourself intended and prepared for the upcoming bull run.

And whatever will be the result of it, you'll be glad that you're able to get in before the pump.

[Fivestar4everMVP]

LOL, I believe it is just a normal thing, during seasons when bitcoin price is facing a very high volatility, which we normally know as bull season, many definitely come on board to take advantage of the season and make money for themselves, it is also a season when many newbies come onboard as well, all hoping to make good money for themselves.
But, then many of this people do not understand that, bear season is the best time to buy and wait for the bull season, buying  when the price is lowest and waiting to sell when the price is at its peak is better than buying when the price is already going up and hoping to sell at the peak.

[Smartvirus]

Perhaps there would be a rush to invest and withdraw on the part of hodlers, this system have got just the right means to put all that in check and that's with the fees and how transactions are prioritised in that regard. If you want a quick confirmation on yours transactions, you be ready to pay the price or perhaps  send it days before you actually have need of it.

Speaking of reaping, of course there are those that hope to enjoy the fruit of there investment and so, having some portion of your portfolio cashed out as a means of taking profit isn't a bad idea. You've got to enjoy what you've laboured for but, you just ensure not to empty your portfolio, it always goes up after a while.