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Author Topic: Your feelings if Bitcoin price takes your expectations unaware  (Read 816 times)
erep
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January 08, 2024, 03:39:49 PM
 #81

Big losses only occur if someone has already started selling their holdings for fiat, they are too scared to wait for what is cooking. continuing to hold it until the time limit or price limit that has been set is the best. so it takes trust to be able to achieve it.
Several factors can influence diamond hands to hold bitcoin until it reaches the new ATH target, the main factor being the influence of external information from media and social media, so it is very important that bitcoin holders must avoid negative information that will change decisions for long-term holders.

But holders have other reasons for converting bitcoin to fiat, so we should not cast a negative light on bitcoin holders without knowing the details of their reasons for converting to fiat, at least if they make a profit from trading bitcoin.

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lixer
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January 08, 2024, 08:09:30 PM
 #82

One thing to remember is that you are not going to get what you wish or hope all that easily, and sometimes not even what you assume, because bitcoin is something volatile and at times you will be wrong, I am not even saying you might be, I am saying you WILL be wrong at times. This is why it is inevitable that you are going to get caught off guard sometimes and your expectations should not be precise, in fact your expectations from bitcoin should be expecting it to do the weird thing and shock you.

I hope that people could see that, and we could get to a point where we could see it change and be more stable but it will not be, so we need to be just calming down whenever there is something crazy that happens there in the end.
I agree with what you say, it is very difficult to predict the price of Bitcoin and I have never met anyone who really correctly estimates the price of Bitcoin and we cannot expect too high the price of Bitcoin, if we cannot accept what is happening with market conditions However, if we can be patient with market conditions, of course we will be able to wait for the profits we will get from what we invest.
That is because it is highly volatile but I think this won't be possible if without our actions. It's just that each of us has a different goal. But if let say we will unite, I think we can be able to predict the price of BTC easily. There are still people who can predict it accurately sometimes. It can be a pure guess, or they also include some analysis with it.

A normal prediction has no rules. Any one can expect very high or very low. And maybe some of those who did it does not accept the current market conditions. In investing, it is important to have patience to HODL. For those who don't have this, there is still trading on the side that they can do. Although they may still need a good amount of patience at first to learn and master it Cheesy.

South Park
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January 08, 2024, 10:39:25 PM
 #83

Big losses only occur if someone has already started selling their holdings for fiat, they are too scared to wait for what is cooking. continuing to hold it until the time limit or price limit that has been set is the best. so it takes trust to be able to achieve it.
Several factors can influence diamond hands to hold bitcoin until it reaches the new ATH target, the main factor being the influence of external information from media and social media, so it is very important that bitcoin holders must avoid negative information that will change decisions for long-term holders.

But holders have other reasons for converting bitcoin to fiat, so we should not cast a negative light on bitcoin holders without knowing the details of their reasons for converting to fiat, at least if they make a profit from trading bitcoin.
Investors also need to filter out what they read depending on the source of that information, newbies often panic when they read on social media that bitcoin is to go down in price soon, however if you were to look at the post that caused them to sell, you will see that it came from a bot or from someone that is just trying to influence public opinion and affect the price this way, and in that case even if we were to read those posts we need to ignore them as the one making them has no credibility at all.
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January 09, 2024, 04:57:44 PM
 #84

Several factors can influence diamond hands to hold bitcoin until it reaches the new ATH target, the main factor being the influence of external information from media and social media, so it is very important that bitcoin holders must avoid negative information that will change decisions for long-term holders.

But holders have other reasons for converting bitcoin to fiat, so we should not cast a negative light on bitcoin holders without knowing the details of their reasons for converting to fiat, at least if they make a profit from trading bitcoin.
Conversion is only done when they make a profit or want to keep the value of their assets safe in Fiat. Indeed, it is not permissible to give a negative view to those who convert to fiat. this is just an assumption. I also convert some assets to fiat just for my needs, I don't convert everything. Sometimes taking a little advantage is also necessary.
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January 10, 2024, 04:30:15 AM
 #85

Bitcoin price movements are very difficult to predict, hoping to gain more profits than expected from Bitcoin investment strategies in the short term is very difficult to achieve. It is important to understand that the Bitcoin market is very volatile and unpredictable, the price of Bitcoin can fluctuate rapidly, it will be a challenge for any trader to predict or wait for a big bubble to burst.
So it is natural that there are investors or traders who can become rich overnight because of positive and negative sentiment that can move prices. Missing a golden opportunity is bad luck, but who can guess when that opportunity will come.

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pinggoki
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January 10, 2024, 07:20:34 AM
 #86

One thing to remember is that you are not going to get what you wish or hope all that easily, and sometimes not even what you assume, because bitcoin is something volatile and at times you will be wrong, I am not even saying you might be, I am saying you WILL be wrong at times. This is why it is inevitable that you are going to get caught off guard sometimes and your expectations should not be precise, in fact your expectations from bitcoin should be expecting it to do the weird thing and shock you.

I hope that people could see that, and we could get to a point where we could see it change and be more stable but it will not be, so we need to be just calming down whenever there is something crazy that happens there in the end.
That's why you should learn in the first place to lower your expectations or don't go much higher than it should because you'll only end up getting disappointed. Bitcoin is a volatile market and will continue to be until the foreseeable future so always keep in mind that when things happen to the market, you should have a back up or a measure on what to do on that situation, it's like being prepared for a disaster, you're less likely to die if you're prepared.
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January 10, 2024, 04:26:57 PM
 #87

Big losses only occur if someone has already started selling their holdings for fiat, they are too scared to wait for what is cooking. continuing to hold it until the time limit or price limit that has been set is the best. so it takes trust to be able to achieve it.
Several factors can influence diamond hands to hold bitcoin until it reaches the new ATH target, the main factor being the influence of external information from media and social media, so it is very important that bitcoin holders must avoid negative information that will change decisions for long-term holders.
Social media has a very high influence on Bitcoin and other cryptocurrencies at large, it is where the best lies, truths and rumours can be easily propagated and reach the highest number of audiences and infest people like a virus. This always causes volatility/issues in the market depending on the case we are talking about just like what we are facing today, and that is why we should be careful and be at alert as with any coins anything can happen. But for now, I think it is all positive for Bitcoin and social media wants that positivity for it as well. Though, the market will always have the say and act as it wants to, yet social media have this great influence since it is a community that we should never take for granted. But I will never because of what I read on the social media act in the market, I study my chart well, I do not panic, and no matter what is happening around or on social media, my trading chart has the final say in my decision.

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South Park
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January 15, 2024, 11:11:39 PM
 #88

One thing to remember is that you are not going to get what you wish or hope all that easily, and sometimes not even what you assume, because bitcoin is something volatile and at times you will be wrong, I am not even saying you might be, I am saying you WILL be wrong at times. This is why it is inevitable that you are going to get caught off guard sometimes and your expectations should not be precise, in fact your expectations from bitcoin should be expecting it to do the weird thing and shock you.

I hope that people could see that, and we could get to a point where we could see it change and be more stable but it will not be, so we need to be just calming down whenever there is something crazy that happens there in the end.
That's why you should learn in the first place to lower your expectations or don't go much higher than it should because you'll only end up getting disappointed. Bitcoin is a volatile market and will continue to be until the foreseeable future so always keep in mind that when things happen to the market, you should have a back up or a measure on what to do on that situation, it's like being prepared for a disaster, you're less likely to die if you're prepared.
Very often people cannot separate their predictions from their wishes and desires, so when you ask an investor what do they think the price of bitcoin will do during the next months? They will not really answer you with a prediction based on what they see on the charts, they will simply tell you what they want to see the market doing as that is what it will benefit them the most, but the markets do not really answer to our desires, and if anything a great deal of the time they move against them.
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January 15, 2024, 11:48:24 PM
 #89

If you use that system, OP, you haven't understood anything.

Bitcoin investing is not a matter of sentiment, and to buy Bitcoin purely for profit by trying to time the market is generally a mistake.

It is much better a gradual accumulation plan with DCA in which you raise partial sales when the price reaches milestones, as it can be at $70K, at $100K, at $150K...

And it is even better to include it in a wealth building plan, because if you sell all the Bitcoin you have when the price reaches a certain figure something tells me that you are playing with money that you need and then you are not doing things right.

In as much as I understand what you are saying, everyone doesn’t think the same, so we have people doing different approaches. DCA is a good option but some people would rather just buy the quantity they want at once. I see it as that one should not place too much expectation on Bitcoin especially when it’s short term, doesn’t matter if you DCA or buy at once. If Bitcoin can hit $70k and drop, then it can do it again and even better. Of course you’ll be sad you watch the value drop but if you’re patient (long term), it’ll favour you again.



 

 

 

 

 

 


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CageMabok
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January 18, 2024, 03:44:11 PM
 #90

In as much as I understand what you are saying, everyone doesn’t think the same, so we have people doing different approaches. DCA is a good option but some people would rather just buy the quantity they want at once. I see it as that one should not place too much expectation on Bitcoin especially when it’s short term, doesn’t matter if you DCA or buy at once. If Bitcoin can hit $70k and drop, then it can do it again and even better. Of course you’ll be sad you watch the value drop but if you’re patient (long term), it’ll favour you again.
Because everyone has different thoughts and different ways of buying, of course their patience is also very different because there are also people who like short-term profits, although not that much. Likewise with people who like big profits in the long term after buying Bitcoin using any method, because the main goal is to make a profit. But apart from that, it is also done based on their own wishes before everyone gets a profit in a certain period through Bitcoin.

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January 20, 2024, 01:28:17 PM
 #91

In as much as I understand what you are saying, everyone doesn’t think the same, so we have people doing different approaches. DCA is a good option but some people would rather just buy the quantity they want at once. I see it as that one should not place too much expectation on Bitcoin especially when it’s short term, doesn’t matter if you DCA or buy at once. If Bitcoin can hit $70k and drop, then it can do it again and even better. Of course you’ll be sad you watch the value drop but if you’re patient (long term), it’ll favour you again.
Because everyone has different thoughts and different ways of buying, of course their patience is also very different because there are also people who like short-term profits, although not that much. Likewise with people who like big profits in the long term after buying Bitcoin using any method, because the main goal is to make a profit. But apart from that, it is also done based on their own wishes before everyone gets a profit in a certain period through Bitcoin.
Even if you do have that patience but if you do able to encounter such condition or situation then you cant really be able to avoid yourself on not to have those kind of reaction on which you would really be that definitely be having those kind of disappointment on missing out on snipping instant or easy profits on that particular time if you do able to have that timing but it ended up on missing out
on doing such thing just because you have found yourself do able to sleep and miss out those opportunity on which this isnt something that we can really be able to see on this market
but since we are talking about What if's then it would be a such waste opportunity or chance for you to make profits in a short period of time.
If you are a true holder then you wont really be caring at all but it is really just that hard to resist on that kind of disappointment on the thing you have missed.

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January 21, 2024, 01:04:15 AM
 #92

As a short-term goal Bitcoin Investor whose eyes has been on the Bitcoin market and has accumulated as much Bitcoin while expecting the bull-run markets to come and skyrockets so you can sell you Coins at a profitable higher price, and then you wake up lately maybe at night or sometimes in the morning and learns that Bitcoins value rate (Price) hitted the market even times 3 of what you expected for example, you awaits the market to hit $65K and then it hits $165K just at your slightest mistake of given the markets charts monitoring maybe few minutes or an hour break and then it depreciated unimpressively against your will probably even below your hodling value at your notice, how would you feel at it?

Well actually, something of this nature occurred during when spot Bitcoin ETFs were approved by United States SEC because after the approval, the price of Bitcoin skyrocket to $48,000 but after some time is starts dipping even till now the price hasn't gain stability though it is believed that due to fluctuations in market prices that it's price can't be stable but however, anyone who has been into Bitcoin for some years now must have understood the activities of bitcoins as sometimes it skyrockets to a very high price and after some interval it still gonna decrease but that shouldn't cause any panic at all as there are times when the price goes up and never returns to it's initial price anymore.

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January 21, 2024, 04:23:14 AM
 #93

If the goal of every trading / buying and holding is the price of bitcoin for investment that soars, stabilizes and tends to incandescent with no basis in history or short time intervals, you will definitely be disappointed, especially if you have been wishing and buying something that is coveted to exchange its value, keep holding bitcoin and reduce half of it for other needs. Because it is not appropriate, it will certainly cause a protracted thinking effect because it is driven by waiting that may have been analyzed at some time according to the patern marked in bitcoin history.

I have been in this position and of course it is difficult to start believing that bitcoin is a collective agreement in a moving price, over time I can hold my ego to understand that bitcoin has an interesting story behind a rational event (bullish trend). Because it is impossible if bitcoin experiences a drastic price surge on its own. Yes, that's because there is an equation that lifts bitcoin to pump up, or an equation to go down to buy together. For me whatever the price of bitcoin I will accept well, because maybe that's the best (when I have DCA money), I know bitcoin price recovery never disappoints.


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January 22, 2024, 11:53:47 PM
 #94

As a short-term goal Bitcoin Investor whose eyes has been on the Bitcoin market and has accumulated as much Bitcoin while expecting the bull-run markets to come and skyrockets so you can sell you Coins at a profitable higher price, and then you wake up lately maybe at night or sometimes in the morning and learns that Bitcoins value rate (Price) hitted the market even times 3 of what you expected for example, you awaits the market to hit $65K and then it hits $165K just at your slightest mistake of given the markets charts monitoring maybe few minutes or an hour break and then it depreciated unimpressively against your will probably even below your hodling value at your notice, how would you feel at it?

Well actually, something of this nature occurred during when spot Bitcoin ETFs were approved by United States SEC because after the approval, the price of Bitcoin skyrocket to $48,000 but after some time is starts dipping even till now the price hasn't gain stability though it is believed that due to fluctuations in market prices that it's price can't be stable but however, anyone who has been into Bitcoin for some years now must have understood the activities of bitcoins as sometimes it skyrockets to a very high price and after some interval it still gonna decrease but that shouldn't cause any panic at all as there are times when the price goes up and never returns to it's initial price anymore.
Once we gain more experience we can get to understand the movements of the market more clearly, to me it is obvious that what happened is that once the bitcoin ETF was approved, those that were waiting for the news jumped into the market and bought bitcoin, so this caused a spike, however those that knew what was going on knew the approval of a bitcoin ETF was imminent, and so they had bought bitcoin during the previous months, and so when they saw that spike they sold their coins, got their profits and this caused the price of bitcoin to drop to its current levels.
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January 23, 2024, 04:23:18 AM
 #95

Have this feeling in one of my altcoins back in the days when in just overnight the value
jumps high that when i woke up the price goes back to the normal value(i guess it was manipulated)
but yet the feeling is mutual.

so for me I will do nothing but to accept and move on , and make sure to have a update
generator so I will be updated when there is a pump in price I was longing to see.

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January 23, 2024, 11:28:32 AM
 #96

In fact it is difficult to understand the price movement of coins for investment they cannot be predicted easily for the ups and downs of the market. Bitcoin is a good currency that will increase in value Altcoins when the price goes up quickly our sentiment is definitely high but when it goes down there is nothing to do but wait. Will proceed to the front position. A golden opportunity for investors when prices rise.

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January 23, 2024, 01:25:58 PM
 #97

When I Invest in bitcoin and other cryptos , I already accepted the fact that there are some points that I am gonna missed and including this one that you are asking mate.

We are not online 24/7 , and not all of us putting Bot in our trading/holding so lets  buy this out and learn what mistakes we commit and never have the same experience again.

In fact it is difficult to understand the price movement of coins for investment they cannot be predicted easily for the ups and downs of the market. Bitcoin is a good currency that will increase in value Altcoins when the price goes up quickly our sentiment is definitely high but when it goes down there is nothing to do but wait. Will proceed to the front position. A golden opportunity for investors when prices rise.
but being ready to what will happen when we are sleeping is normal , try to be more active and put bot in your stop/loss to keep safe your funds.









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GeorgeJohn
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January 23, 2024, 09:39:52 PM
 #98

As a short-term goal Bitcoin Investor whose eyes has been on the Bitcoin market and has accumulated as much Bitcoin while expecting the bull-run markets to come and skyrockets so you can sell you Coins at a profitable higher price, and then you wake up lately maybe at night or sometimes in the morning and learns that Bitcoins value rate (Price) hitted the market even times 3 of what you expected for example, you awaits the market to hit $65K and then it hits $165K just at your slightest mistake of given the markets charts monitoring maybe few minutes or an hour break and then it depreciated unimpressively against your will probably even below your hodling value at your notice, how would you feel at it?
during December period everyone was lamenting concerning bitcoin price, predicting that with the increase in bitcoin right now the value will be increasing to above fifty thousand and sixty thousand in value, but it was not like that, the price of bitcoin changes in value, so therefore it now became obvious that the price of bitcoin can never became constant or continued to rise without falling, so for bitcoin price to balance equation it rise and fall



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January 23, 2024, 11:25:05 PM
 #99

of course I would be very happy, but the price of bitcoin would not rise that fast (even in a bullish state). When you buy bitcoin, you must have set a target to sell (65k) and of course you will periodically check the price of bitcoin. the possibility that often happens after reaching the target (65k) you will sell but the price continues to rise to (165k) and you are disappointed because you sold too quickly  Grin

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January 25, 2024, 06:44:42 AM
 #100

In fact it is difficult to understand the price movement of coins for investment they cannot be predicted easily for the ups and downs of the market. Bitcoin is a good currency that will increase in value Altcoins when the price goes up quickly our sentiment is definitely high but when it goes down there is nothing to do but wait. Will proceed to the front position. A golden opportunity for investors when prices rise.
Bitcoin is at least a little bit understandable, even though there could be some down times, it will end up going higher and higher, so we should not really worry about that part, but that doesn't mean that we are going to end up with a low that will stay like that, no matter how much it drops, it will always go back up. Alts are not like that, we are not sure if it will go down and stay there or will go up and recover.

Some alts do go down and then go back up again and recover, whereas some coins go down and never recover and just stay down. This is why I keep most of my money in bitcoin, it allows me to make as much profit as I can and I do not have to keep worrying about what is going to happen later on, if it is all on bitcoin then growth my hamper, but most should be in there.

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