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Author Topic: The basic of the Bitcoin market sentiments.  (Read 335 times)
betswift
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August 27, 2024, 06:08:53 AM
 #21

Whoever buys an assets does so with the intent to sell at a much higher price. I wouldn't blame the hguy you onboarded if he decided not to get into bitcoin because of the potential losses he might incur. If anything, it's good that you exposed him to the risks involved in getting into Bitcoin so that he can make a well informed decision before proceeding. If anybody doesn't want to get involved because of the risks, it's their loss because a wise man once said — scared money makes no money.

I agree. There is always a risk at hand, small and big, and everybody decides for themselves whether they take it or not, and potential profits at hand with them.

Stablexcoin
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August 27, 2024, 08:57:35 AM
 #22

Don't persuade anyone to invest in Bitcoin. If your friends ask you how you are able to succeed in investment just send them any Bitcoin resources you have whether vide, pdf or direct them to the forum. I believe when they learn by themselves and have so much experiences here or anywhere they are learning and pratisinc then they will understand what you have ben telling them from the start. This is very relatable to me because i was dick headed at the start even if my brother was trying to help me start an investment. I remain ignorant until i got to get the knowledge by myself and here i am doing great.

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betswift
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August 27, 2024, 09:00:17 AM
 #23

Don't persuade anyone to invest in Bitcoin. If your friends ask you how you are able to succeed in investment just send them any Bitcoin resources you have whether vide, pdf or direct them to the forum. I believe when they learn by themselves and have so much experiences here or anywhere they are learning and pratisinc then they will understand what you have ben telling them from the start. This is very relatable to me because i was dick headed at the start even if my brother was trying to help me start an investment. I remain ignorant until i got to get the knowledge by myself and here i am doing great.

You are right. Everybody should cross this road first for themselves to get it and then have some opinion on it Grin

EluguHcman (OP)
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August 27, 2024, 09:10:22 AM
 #24

The good morning things about this Bitcoin market sentiment is that... There is no possibilities to manipulate the market. So, it is hence of no payouts of those investors who frowns over a current market condition by which it is not going as expected.
Bitcoin market can be manipulated and you have enough time in this market to know this fact. "No possibilities to manipulate the market" is not true.

This market is volatile and by market manipulations, there are squeezes in up and down sides with Short squeeze and Long squeeze. This Bitcoin market is smaller a lot than stock market which is manipulable too.

Do you think stock market is impossible for manipulation too?
Bitcoin market can be manipulated and you have enough time in this market to know this fact. "No possibilities to manipulate the market" is not true.
Well, I am it a bit skeptical to contradict my thought about the impossible market manipulation as speculations has always been that a big Bitcoin whale as Donald Trumps political awarenesses drives positive and negative impacts in the crypto market but it has not been proven after admitting that Bitcoin is a no sole decisions nor autocratic by a monopoly government of its volatility to be jingled literally on a favour of one particular user without an equivalent effect to other users.

I was strick to say it can not be manipulated in my view considering the stock market where there are series of monopoly market setups by which other stocks, traders or even the investors can be placed on hold or even kicks out of the market based on sentiments in the industry or even political affairs just for a particular stock to excel in favour of a particular trader or investor while others are perished.

On this fact I was convinced on my view that the Bitcoin can not be manipulated but the stock can always be.











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August 27, 2024, 11:01:46 AM
 #25

perhaps he must have been thinking that Bitcoin investment is a quick way for him to start making money, however what he fails to understand is that Bitcoin volatility does not matter since it cannot prevent Bitcoin from reaching the goal.
Investment means going with your capital and investment portfolio for long term. Investment is not a way to make money quickly or get rich quickly. Thinking of investment like this is wrong and won't lead to successful investment.

Because when people focus on short term, aim at get rick quickly, they will forget their investment target and turn to trading or worse trading with leverages or futures that are only bad for them with liquidations in this volatile market.

That's true because so many traders today started with short term holding and before they no they had already become a trader, perhaps that's why most people normally see short term holders as a traders because even if they may have not started trading immediately but with time the short term holding will certainly change there ideas into trading, that's why anybody who plans for a long term holding shouldn't think about short term because the moment they made a little profits from there short term they would be lured completely into it, well the issues with people about long term holding is just the timeframe because they would be imagining the profit they could make within the Short term instead of holding for long without knowing that long term is the best.

 
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nelson4lov
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August 27, 2024, 04:58:53 PM
 #26

Whoever buys an assets does so with the intent to sell at a much higher price. I wouldn't blame the hguy you onboarded if he decided not to get into bitcoin because of the potential losses he might incur. If anything, it's good that you exposed him to the risks involved in getting into Bitcoin so that he can make a well informed decision before proceeding. If anybody doesn't want to get involved because of the risks, it's their loss because a wise man once said — scared money makes no money.

I agree. There is always a risk at hand, small and big, and everybody decides for themselves whether they take it or not, and potential profits at hand with them.

Yes. At best, we can only introduce our friends and family to Bitcoin and Crypto but the final decision is always going to come from them not us. I like to think about it this way. The technology that powers Bitcoin is going to get adopted everywhere in the near future and the early Bitcoin bandwagon members will enjoy the most benefits.

Again, there are millions of people that won't adopt crypto even at that point because they don't easily get soaked in to a new technology similar to how some people have been pushing back on the AI advancements instead of trying to learn more and engage with it especially AI and Bitcoin are poised to be technology of the future.

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August 27, 2024, 06:18:41 PM
 #27

As human beings we are, we want the crypto market to go our way each time, whenever it doesn't, we feel sad, have some regrets in our mind about why didn't we sell when the market was showing green candlelight, or wait longer to buy some coins than buying them when they haven't stop experiencing a decline journey.

Severally, I had felt bittered about why I didn't sell my altcoin, not Bitcoin holdings when it was at a high price rather than buying additional coins at a high price when I thought that would be their low price. Many of us one way or the other, felt bitter about this, but we do try to console ourselves, thinking good about the unforeseen future that our investment in Bitcoin and some altcoin will pay off for us someday, maybe this upcoming bull run. That's mainly our belief because of the market sentiment we hear concerning the bull run

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August 28, 2024, 08:57:13 AM
 #28

You know what they say if wishes were horses, beggars would ride..


Smiley
In the same way, I am always surprised when I see motivational topics about how to become a millionaire or memoirs of those who teach how to get rich. If only everything were that simple. Beginners interested in investing in Bitcoin frequently see only one side: the one that must bring them profit. Many do not even understand what volatility is. If one day their funds fall into a whirlpool of decline for a certain period, they immediately begin to blame both Bitcoin and those who persuaded them to invest money in it. Therefore, the OP did everything correctly. People need to know and be prepared that when investing, you need to be patient and not run away at the first unexpected fall.

 
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August 28, 2024, 01:36:46 PM
 #29

Don't persuade anyone to invest in Bitcoin. If your friends ask you how you are able to succeed in investment just send them any Bitcoin resources you have whether vide, pdf or direct them to the forum. I believe when they learn by themselves and have so much experiences here or anywhere they are learning and pratisinc then they will understand what you have ben telling them from the start. This is very relatable to me because i was dick headed at the start even if my brother was trying to help me start an investment. I remain ignorant until i got to get the knowledge by myself and here i am doing great.

You don't want to be anyone financial advisor because if anything goes wrong, you will be the one to pay dearly. If someone like family and friend to buy Bitcoin, I just act like there is nothing sweet about it which is true from different views but if they insist in some points, I might have a change of mind but that will come with full discussion about the good and bad side of Bitcoin and I wouldn't sugarcoat anything for you so you don't come back and tell me stories.

If anyone should come to you about crypto investment, altcoins should be what you should use to discourage them because when they see that Bitcoin might not be as profitable as they Altcoins, they will most likely go and buy altcoins which might seems the best for them even after deep discussion. Before warn is before harm but they wouldn't listen.

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August 28, 2024, 07:08:25 PM
 #30

I won't waste my time trying to explain things about Bitcoin they asked me some questions, which I would answer if I have the knowledge about. Those kind of people who only want the profit and do not want anything to do with the risk would give us questions that which require us to give answers to defend ourselves, like an interrogation. I would just give them a way where they could learn it by themselves
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August 28, 2024, 09:20:26 PM
 #31

You know what they say if wishes were horses, beggars would ride, there is absolutely no one that doesn’t want a thing that doesn’t favours them, an investor would wishes for the market to be bullish while someone looking to either get into the market or someone looking to increase or add to their size will be hoping to add for a bearish sentiment while fuders will only be wishing for the opposite of the market and they still wouldn’t take advantage of it. So this are all human nature that cannot be changed


That only shows that human beings have different perceptions and perspectives. But one thing is certain, they all want to take an edge while there is opportunity to do so. It's just that those opportunities for others may not be a good opportunity for some. So the variations is there. It simply shows how uncertain human beings are.

 
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August 28, 2024, 11:47:39 PM
 #32

Don't persuade anyone to invest in Bitcoin. If your friends ask you how you are able to succeed in investment just send them any Bitcoin resources you have whether vide, pdf or direct them to the forum. I believe when they learn by themselves and have so much experiences here or anywhere they are learning and pratisinc then they will understand what you have ben telling them from the start. This is very relatable to me because i was dick headed at the start even if my brother was trying to help me start an investment. I remain ignorant until i got to get the knowledge by myself and here i am doing great.
Bitcoin is just too risky to convince people to get into bitcoin investment. And I know people will be more fearful to invest when we start telling them that bitcoin is certainly a high-risk asset. However, it’s also a different case when we are trying to correct these people and they still stick to their own perceptions about bitcoin. My advice with that is they should learn it by doing. Until they won’t start to invest in bitcoin, they will never know how risky bitcoin is.


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August 29, 2024, 04:04:28 AM
 #33

I also think Bitcoin market is mostly controlled by people greed and desire for personal gain. This leads to big price changes. I have also seen investors say they want prices to go down so they can buy more but then they want prices to go up fast so they can sell and make profit. This is selfish way of thinking that ignores possibility of prices falling and does not consider how others might be affected.

Market is mostly driven by what individuals want with both experienced and new investors trying to make as much money as possible. This creates cycle where prices are driven by emotions other than smart thinking. In the end this way of thinking can make market unstable and hurt people who are not prepared for risks.

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August 30, 2024, 06:04:36 AM
 #34

You have done well by informing your friend how bitcoin or cryptocurrency entirely works. It is good as they think of the good side, they should also prepare for the worst because volatility makes it impossible to always gain, the market is always two sided either rise or fall. That is why it is often advice to invest for a longer time frame to avoid emotional problems. Because when newbies invest in bitcoin they don't sleep, they are always awake looking at their asset to grow overnight and failure to increase as they expect you recieve the blame. I will say that before anyone will want to learn how to make profit from bitcoin we should try and let them know the downside of it also to avoid embarrassment. Because newbies can be embarassing when the see their asset fall.

R


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August 30, 2024, 06:06:51 AM
 #35

Whoever buys an assets does so with the intent to sell at a much higher price. I wouldn't blame the hguy you onboarded if he decided not to get into bitcoin because of the potential losses he might incur. If anything, it's good that you exposed him to the risks involved in getting into Bitcoin so that he can make a well informed decision before proceeding. If anybody doesn't want to get involved because of the risks, it's their loss because a wise man once said — scared money makes no money.

I agree. There is always a risk at hand, small and big, and everybody decides for themselves whether they take it or not, and potential profits at hand with them.

Yes. At best, we can only introduce our friends and family to Bitcoin and Crypto but the final decision is always going to come from them not us. I like to think about it this way. The technology that powers Bitcoin is going to get adopted everywhere in the near future and the early Bitcoin bandwagon members will enjoy the most benefits.

Again, there are millions of people that won't adopt crypto even at that point because they don't easily get soaked in to a new technology similar to how some people have been pushing back on the AI advancements instead of trying to learn more and engage with it especially AI and Bitcoin are poised to be technology of the future.

Totally! Innovation will still push through, and it's non-negotiable, really Grin Eventually, it will happen.

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August 30, 2024, 08:47:20 AM
 #36

I also think Bitcoin market is mostly controlled by people greed and desire for personal gain.
And maybe that's us? When someone has a negative take on Bitcoin, it's hard to change that thought from that person if they don't like investing in it.

The market sentiment of BTC changes from time to time and many can't take its volatility because of just how risky it is for them to put money on it.

While experienced holders like me, I can say that whether someone thinks negatively about Bitcoin and they don't want to invest on it, I wouldn't care. We've got ways of determining a risk if we can take it or not.

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August 30, 2024, 02:18:21 PM
 #37

I also think Bitcoin market is mostly controlled by people greed and desire for personal gain.
Invest smartly and carefully to get profit is good and healthy. It's very different than people who use money carelessly and use it like gambling in the market with leverage trading or futures trading. Those people are greed, greedier than intelligent investors but their endings would be worse, and end with either big losses or bankruptcies.

While experienced holders like me, I can say that whether someone thinks negatively about Bitcoin and they don't want to invest on it, I wouldn't care. We've got ways of determining a risk if we can take it or not.
If you already understood enough about Bitcoin, had a strong belief in it, and you built up your hodler hands and strong confidence, you will actually not care about fud, positive things talk around you or on media about Bitcoin. It's because you know what you are doing and you know that Bitcoin is one of best investment choice for you in your life. It can help you to improve your individual and family finance a lot if you invest your money in Bitcoin with good strategy such as DCA.

Dollar Cost Averaging with costavg.com include exchange fee

R


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August 31, 2024, 11:48:13 AM
 #38

While experienced holders like me, I can say that whether someone thinks negatively about Bitcoin and they don't want to invest on it, I wouldn't care. We've got ways of determining a risk if we can take it or not.
If you already understood enough about Bitcoin, had a strong belief in it, and you built up your hodler hands and strong confidence, you will actually not care about fud, positive things talk around you or on media about Bitcoin. It's because you know what you are doing and you know that Bitcoin is one of best investment choice for you in your life. It can help you to improve your individual and family finance a lot if you invest your money in Bitcoin with good strategy such as DCA.

Dollar Cost Averaging with costavg.com include exchange fee
I couldn't agree more. I won't speak just for myself but also for sure that we've got a lot of these folks that have that diamond hands that have been holding not just for several months, not just for a year but for years.

We all know what is happening and where Bitcoin is going to go soon in the near future. We understand the power and effectiveness of holding and that's why we're moving forward into the upcoming peak for this cycle.

We're not yet on the peak but we're all hoping that it will come if not for this end of year, maybe somewhere on 2025 which is very likely that it will be there.

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August 31, 2024, 01:29:22 PM
 #39

Their instincts is that once they have buy, the market should skyrocket so that they can place sell orders to make huge profits while beginners would be instigating at the opposite.
Everyone is based on selfish markets prediction strictly on self moderating interests.

The contrary other is literally the basics of the Bitcoin market sentiment amongst holders and beginners approaching the market.
What i understand mostly is that when doing investment do not think about what market would holds at that very moment instead thinks about the long term projection because on normal stance, if you are already holding bitcoin you never pray for the market to dip again neither would say that any bad news should happened to the market. So it's to other people especially those that are really missing the market they want the market to dip extremely so they can as well accumulates enough bitcoin, while people trading would never allowed the market to dip also to avoid them losing much dollars equivalent. So as an investors it's always good to apply Dollars Cost Average with this you would have nothing to worry all about whenever the market dip, you buy some portions and wait to see the next moves and when it falls below you can still accumulate more with this method you aren't on a confused state where you wouldn't know what to do again.

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August 31, 2024, 02:52:25 PM
 #40

We're not yet on the peak but we're all hoping that it will come if not for this end of year, maybe somewhere on 2025 which is very likely that it will be there.
We can not know about future and Bitcoin All Time High or Time the market that when ATH will appear. One market cycle is about four years and by history, this cycle can end in late of a next year in 2025 or perhaps will prolong shortly till early on 2026 like January 2026.

It is some hints based on market history and with an assumption that history will repeat. To be safe and make sure you won't stuck in a bear market, let's plan to exit around late months in 2025.

Are you ready for the Bitcoin bull market? What's your plan? Some ideas for you

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. PLAY NOW .
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