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Topic: Did Bitcoin Disappointed You ? - page 4. (Read 2010 times)

legendary
Activity: 1904
Merit: 1159
July 03, 2022, 01:35:59 AM
It is important to understand that bitcoin is not a alternate currency, Its a alternate economy driven by a new technology of blockchain. It was satoshi who first proved the utility of blockchain as a currency. However since than a lot of new advancements have happened in blockchain economy, which are represented by altcoins. But overall this market has grown enormously and this is bound to happen in future as well. There is no reason to doubt of feel disappointed by bitcoin, as all this is  just part of ups and downs of the market.
full member
Activity: 756
Merit: 105
Trphy.io
July 02, 2022, 11:43:57 PM
Yes! BTC disappointed me very well because i invested in coin and then BTC got dip and i took a good loss and still stuck in loss. I am waiting for BTC up and then I will sell my Coin.

You will only get disappointed if you really don't understand or try to understand the market and what is happening in our world nowadays. People will get disappointed if they only care about the profits and they still thinking that in crypto they can earn fast with a high profit which is actually a lie, it is not always rainbows in crypto.

In the world of trading, it is not always easy or profitable because everything will have a reciprocity.
Moreover, to reap large profits in a short time is very unlikely and it will continue to be a dream.
And for me so far, understanding the crypto market is a fortune, not a way to get rich quick.
hero member
Activity: 952
Merit: 779
July 02, 2022, 11:12:52 PM
Disappointment can be felt by people who invested in bitcoin when it was expensive, and now they are losing. But for other people, this is just another natural fall in bitcoin, which occurs regularly, after which Bitcoin, despite everything, steadily steps up
If you're always thinking about moving forward, consider going backwards as well.
Cryptocurrency is all about the ability to rise and fall at any time.
that's how cryptocurrencies and bitcoin in particular. rise and fall is common. fluctuating is the hallmark of bitcoin itself. so if people are aware of these basics, there will be no disappointment with bitcoin because before entering they already know the risks and characteristics of bitcoin itself with its price fluctuations that are commonly encountered.
well for some people who buy at ATH maybe they feel a little fear and disappointment. but not disappointment with bitcoin but more disappointed in ourselves why at the highest price we rush to enter and why at low prices we are afraid to enter. maybe disappointment like regret is what happens. and for some people including me then this drop is what is needed to add passengers or holders or cargo.
legendary
Activity: 1106
Merit: 1372
July 02, 2022, 06:23:47 PM
I may say, this is a rhetorical question, because a question that has no direct answer or indirect answer. It all dwell on yes or no.
Yes in the sense that it is only for those think that bitcoin is a coin to make rich or it is a quick rich system and they convert their fiat currencies to bitcoin either by purchase or other means, and that became a disappointment for them.
But no in the sense those who know that bitcoin is not a stable coin,  it can go up and come down at anytime so they also prepare their minds on that.
Finally bitcoin is for those who move, trade, buy and sell with faith. If you don't have faith, you can't involve yourself with bitcoin. Although your faith might fall you but it is impossible to fall. Bitcoin is a long-term business not a quick rich Investment
hero member
Activity: 1288
Merit: 504
July 02, 2022, 06:21:22 PM
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I thought Bitcoin was a big joke before but that idea just slapped me so hard. From then on, I waited for the price to drop down and started buying it with the hope of gaining a good profit despite my previous mistake.
Anyone who failed to understand the underlying technology always felt that it is a bubble and hence majority missed out in entering the market at an early phase, but you can still consider to enter now and earn a substantial profit. When it comes to rallies BTCitcoin never disappointed anyone, unless they jumped in the market when the price was rallying at an all time high.
As much as the bear market presents a buying opportunity for investors, during the rally is when most individuals hopes to jump in. That's how ironical it is because, most people previously not into cryptocurrency always don't know better. They are only drawn by the price appreciation and as such, often buys at a higher price which is supposed to push them towards a much long term holding but there are not this knowledgeable.
With no idea on market analysis, when the market eventually begins to make moves towards bears and they aren't able to save the values of there coins in time, they end up being disappointed. Not so much for experienced investors though.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
July 02, 2022, 04:33:09 PM
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 ?
Absolutely not.
It is because I believe so much in Bitcoin that is now running on the cycle and the cycle right now is in the bearish market. This belief led me to believe that there will be a time when the price of Bitcoin will rise drastically again like it was then and even surpass the previous ATH price. This is the belief in Bitcoin itself. moreover, if we are disappointed with Bitcoin, then what about altcoins? Aren't they the same or even worse?

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honestly, I can feel this, too. Sometimes, our decision makes us disappointed moreover because of greediness, panic situation, and also not belief to buy in the riht time at that time. The decision influences some certain conditions later.
hero member
Activity: 2996
Merit: 609
July 02, 2022, 04:22:45 PM

I think we are nearing the latter part of the cycle.  Even Bob Loukas said that the 4-year cycle of Bitcoin is coming to an end and a possible transition of the  this 4-year cycle may happen somewhere between 2022-2023.
Always DYOR and don't rely upon what this influence said. The 4years cycle is not near the latter and according to my research after this bear, altcoin season will start, and after that is Bitcoin season aka halving effect market.

The guy is not just like an influencer, like the ones whos giving tips in YouTube who's eventually going to shill a coin for their own personal gain of course.
Though, his speculations is not guaranteed just like every other financial advisors and other crypto experts.
You did your research and to whom are you getting your source? Most probably from crypto experts as well.
Thats why im not really a fan of listening out into those professionals but there are people whom are really fan on following on what those experts been saying and on the time that they are saying negative

then this is where they do act fast and according to it which does mean that they arent relying on their own analysis which isnt something that really recommendable.
Disappointments is there because not all the time we do see a good rising market which there would be all plummets and crashes.

Thing here is that you do know on how to adjust depending on market conditions and it does vary on each person.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
July 02, 2022, 04:09:05 PM
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I thought Bitcoin was a big joke before but that idea just slapped me so hard. From then on, I waited for the price to drop down and started buying it with the hope of gaining a good profit despite my previous mistake.
Anyone who failed to understand the underlying technology always felt that it is a bubble and hence majority missed out in entering the market at an early phase, but you can still consider to enter now and earn a substantial profit. When it comes to rallies BTCitcoin never disappointed anyone, unless they jumped in the market when the price was rallying at an all time high.
hero member
Activity: 1162
Merit: 643
BTC, a coin of today and tomorrow.
July 02, 2022, 03:32:31 PM
More likely no than yes. It should be understood that this situation was quite expected, and many analysts warned about such an outcome. So let's see the result.

If bitcoin continue to go up and up, it will reach to a point that it can't be feasible to purchase bitcoin anymore. That is why if it goes up, it will surely return and then go up again and it will continue that way. Many analysts have warned about this period we are and many of us know that such a day will come, but we end up praying that it should not come soon but it will surely come.
I can say that bitcoin didn't disappoint me yet, I am waiting for it to be able to break a new ATH, if not that is when I will be disappointed by bitcoin. But I am pretty sure that bitcoin will bull again.
jr. member
Activity: 98
Merit: 2
July 02, 2022, 03:18:37 PM
More likely no than yes. It should be understood that this situation was quite expected, and many analysts warned about such an outcome. So let's see the result.
member
Activity: 181
Merit: 10
July 02, 2022, 03:09:45 PM
To be honest, I never expect Bitcoin to have that bull run up so well, even manage to hit at $60k. So for me, I'm not really feeling disappointed with Bitcoin at all. Or maybe since I missed the chance, selling my 0.8 BTC @$4k which now makes me want Bitcoin's price to come lower.
full member
Activity: 1708
Merit: 126
July 02, 2022, 02:01:52 PM
Bitcoin has broken the all time high of 2017 and now it is around 19,000$. 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 didn't disappoint me but my wrong decisions did. I have known Bitcoin years before its ATH last 2017 but I doubted it. I thought of it as a scam and ended up missing the opportunity to buy. I was surprised and filled with regrets when it reached its first highest peak. I thought Bitcoin was a big joke before but that idea just slapped me so hard. From then on, I waited for the price to drop down and started buying it with the hope of gaining a good profit despite my previous mistake.
member
Activity: 434
Merit: 11
July 02, 2022, 01:14:30 PM
Yes! BTC disappointed me very well because i invested in coin and then BTC got dip and i took a good loss and still stuck in loss. I am waiting for BTC up and then I will sell my Coin.
hero member
Activity: 2716
Merit: 552
July 02, 2022, 03:54:19 AM

I think we are nearing the latter part of the cycle.  Even Bob Loukas said that the 4-year cycle of Bitcoin is coming to an end and a possible transition of the  this 4-year cycle may happen somewhere between 2022-2023.
Always DYOR and don't rely upon what this influence said. The 4years cycle is not near the latter and according to my research after this bear, altcoin season will start, and after that is Bitcoin season aka halving effect market.

The guy is not just like an influencer, like the ones whos giving tips in YouTube who's eventually going to shill a coin for their own personal gain of course.
Though, his speculations is not guaranteed just like every other financial advisors and other crypto experts.
You did your research and to whom are you getting your source? Most probably from crypto experts as well.
copper member
Activity: 28
Merit: 0
July 02, 2022, 01:48:08 AM
Disappointment can be felt by people who invested in bitcoin when it was expensive, and now they are losing. But for other people, this is just another natural fall in bitcoin, which occurs regularly, after which Bitcoin, despite everything, steadily steps up
If you're always thinking about moving forward, consider going backwards as well.
Cryptocurrency is all about the ability to rise and fall at any time.
member
Activity: 1191
Merit: 78
July 01, 2022, 04:40:54 PM
I think lots of seasoned traders expect this kind of market activity from the high volatility market of Bitcoin.  It isn't a surprise that the price if bitcoin will crash this fast in the market.  It had happened before so it is not surprising anymore.
I think the people that will feel disappointed about the Bitcoin price are people who don't understand the market but the market crash didn't happen fast and you'll agree with me if you know that Bitcoin also starts a bullish market early.

I think we are nearing the latter part of the cycle.  Even Bob Loukas said that the 4-year cycle of Bitcoin is coming to an end and a possible transition of the  this 4-year cycle may happen somewhere between 2022-2023.
Always DYOR and don't rely upon what this influence said. The 4years cycle is not near the latter and according to my research after this bear, altcoin season will start, and after that is Bitcoin season aka halving effect market.
legendary
Activity: 2450
Merit: 1140
duelbits.com
July 01, 2022, 04:20:36 PM
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 ?
It was actually already predicted that the bullish will last until the end of the last year. But most people were surprised because they didn't get another pump in the last month of that year. People think there will be a huge pump before the bullish ended, but nothing happened. I am sure there are many people who were disappointed since they were waiting for the Bitcoin price to increase above $69k. To be honest, I am also a bit disappointed because there are still some Bitcoin and altcoins in my wallet that were unsuccessfully sold last year. However, I think there will be another chance in the upcoming bullish season, so I continue keeping it. In my opinion, the decrease in Bitcoin isn't so low fast, it was predictable. But we expected too much for bigger profits last year!!

Bearish started since the early of this year (2022), but no one knows where we reach the bottom. I am not sure if this bearish will end soon, it should last till the next year (2023). IMO

legendary
Activity: 2380
Merit: 1150
July 01, 2022, 03:56:41 PM
For me being disappointed with bitcoin is a stupid attitude, we must be aware and also remember how many times bitcoin provides benefits and can even realize what we want.
and besides that bitcoin has a volatile nature and must be ready if there is a drastic decline and there is no such thing as a straight path there must be left and right and ups and downs that we have to face so we must be ready to accept the bitcoin journey, considering what happened in all previous bitcoin journeys which will eventually reverse direction or rise again.
what is needed right now is strong patience and no matter how long it takes because I believe bitcoin will bounce back towards a new ATH.
This is true, you can't be feeling "disappointed" against a certain coin, or a market. I mean it will go up and down and that's it, that's what the markets do. If you are incapable of doing that then I do not know what to tell you.

The best thing you could do right now would be patient and if you do not use your emotions and just be happy with yourself, then you will be fine. Just ignore crypto for now, go do something else, get a hobby, watch tv, read a book, paint something. This way when you comeback then you will be quite happy about what you have and this will result with something decent in return as a profit and bitcoin could be breaking new ATH by the time you comeback.
legendary
Activity: 2324
Merit: 1035
Not your Keys, Not your Bitcoins
July 01, 2022, 03:26:06 PM
As far as I am concerned it is doing its job wonderfully:

  • Network is secure (no problems, no hacks) and developers are constantly working on improvements.
  • Security increasing <--> hashrate and mining difficulty steadily going up
  • Adoption --> more and more attention from both institutions and retail
  • Halving --> the block rewards are halved each 4 years as designed to do
  • Fees --> the transaction fees are decently low and the network is not congested.
  • Price --> it fluctuates as it should - Bitcoin is still an emergent asset
hero member
Activity: 1918
Merit: 564
July 01, 2022, 10:09:58 AM
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 ?

I think lots of seasoned traders expect this kind of market activity from the high volatility market of Bitcoin.  It isn't a surprise that the price if bitcoin will crash this fast in the market.  It had happened before so it is not surprising anymore.

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 think we are nearing the latter part of the cycle.  Even Bob Loukas said that the 4-year cycle of Bitcoin is coming to an end and a possible transition of the  this 4-year cycle may happen somewhere between 2022-2023.
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