Hope Vs Realty of bitcoin - page 4. | Bitcointalksearch.org

StarKay

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Quote from: FIFA worldcup on February 26, 2022, 01:54:56 AM

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

The truth is most people who do sell bitcoin at a loss see it as a get rich scheme and they don't expect it to lose like 20% of it's value, so if the price dips they'll listen to FUD and panic sell.

Only true enthusiast will hold BTC no matter the price because they know the true value of Bitcoin and that will not make them panic when the price dips.

fzkto

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Quote from: D ltr on March 07, 2022, 06:43:33 PM

investing in bitcoin must be prepared with market scenarios, where market conditions are unpredictable and sometimes beyond logic,
For beginners, you may experience a small heart attack when you look at the current market, but this can be an early lesson for new investors that investing in crypto doesn't always have an upward trend.

The problem can also be that many people do not invest in bitcoin with spare cash, but with money that may be needed at any time. And in those cases, that "anytime" is usually when the price has fallen and you have to sell cheap. Then, when the price goes up, you regret that you sold it cheap, but you had no choice. So you need to invest funds that are not urgently needed.

giammangiato

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Many people are afraid and sell, while others wait patiently, if you don't use your crypto and you always keep them still and you don't enjoy your life, even if they reach a very high value you will not have enjoyed all this! Adopting a beautiful technique, 40% of resources are invested, 40% are used and 20% hodla, for me until now it has worked through ups and downs

D ltr

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investing in bitcoin must be prepared with market scenarios, where market conditions are unpredictable and sometimes beyond logic,
For beginners, you may experience a small heart attack when you look at the current market, but this can be an early lesson for new investors that investing in crypto doesn't always have an upward trend.

GeorgeJohn

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Quote from: CaVO32 on March 07, 2022, 04:14:22 PM

It is like expectation vs reality, and now, it is also true with bitcoin. I am sure some of these newcomers have high hopes when they entered crypto. They thought that what they were reading about getting rich in crypto is easy peasy. But to come find out that it is not a walk in the park to achieve such position. As bitcoin market is very unpredictable and it is influenced by many factors, it is hard to make short-term prediction. And so getting profits is not a guarantee in this market. You need to work on your analysis and trading, and it will take time. If you have no patience, then, this market is not for you.

Some times you won't blame newbies who adventure into cryptocurrency recently to turn to billionaire within short time frame, actually the good propagation of bitcoin investors is to known or study the radar of bitcoin chart and mastered it properly, some daily traders makes profit and also get lost in the market sphere because of lack studying or information.

CaVO32

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Quote from: GeorgeJohn on March 07, 2022, 04:07:45 PM

Quote from: FIFA worldcup on February 26, 2022, 01:54:56 AM

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

Cryptocurrency market sphere and especially bitcoin market speculation is not something we can rely on or trust to infinity, it's very obvious that the price of Bitcoin is not constant or stagnant, it has rotational speculation we know, while people adventure into the disadvantages of it, is when they purchase without reading the chart of cryptocurrency and comprehend it wisely, so that's the factor that leads whenever the price accelerates and some investors will be inquisitive to sell, and this also affects investor's that purchase when the price is high.

It is like expectation vs reality, and now, it is also true with bitcoin. I am sure some of these newcomers have high hopes when they entered crypto. They thought that what they were reading about getting rich in crypto is easy peasy. But to come find out that it is not a walk in the park to achieve such position. As bitcoin market is very unpredictable and it is influenced by many factors, it is hard to make short-term prediction. And so getting profits is not a guarantee in this market. You need to work on your analysis and trading, and it will take time. If you have no patience, then, this market is not for you.

GeorgeJohn

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Quote from: FIFA worldcup on February 26, 2022, 01:54:56 AM

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

Cryptocurrency market sphere and especially bitcoin market speculation is not something we can rely on or trust to infinity, it's very obvious that the price of Bitcoin is not constant or stagnant, it has rotational speculation we know, while people adventure into the disadvantages of it, is when they purchase without reading the chart of cryptocurrency and comprehend it wisely, so that's the factor that leads whenever the price accelerates and some investors will be inquisitive to sell, and this also affects investor's that purchase when the price is high.

verita1

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Hope for a new bitcoin ATH. History repeats itself, there are investors who are looking for more profits, they don't even care about decentralization, or technology, just the ambition for money.

But despite everything, bitcoin is strong against any manipulation, while some let go of their bitcoins, others will keep them for a long time.

The market recovers as the conflicts that afflict us cease and confidence in bitcoin will reign because the FUD will have moved away.

usekevin

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Quote from: FIFA worldcup on February 26, 2022, 01:54:56 AM

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

It's true, the real crypto chart it won't be like an expected one.Their won't be steady rise or fall in the bitcoin price.Now due to Russian issue, the price of bitcoin was very low.Now you can buy huge amount of bitcoin with a short period of time.When the market up, the investors will get double or Triple of the investments.Selling bitcoin at low price is not a correct option. Instead of selling now hold and good profit.

SquallLeonhart

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Quote from: LUCKMCFLY on March 07, 2022, 08:44:42 AM

Hope is something very different from what is the reality of BTC, because for the most part when you talk about hope in Wyckoff's books, hope is not very well taken, and when you talk about hope in Livermore's books they say that it is it must leave the market because they interpret it to stop losses, the reality of BTC is that at any moment it can go up, if it happens that it can make a movement, it will be much bigger than the last ATH, it could be said to almost reach $100 or more. The reality of BTC right now is that it may continue to go even lower because global fundamentals are scattering everything to do with the war, and this causes a unique level of panic.

Of course, "hope" is not accurate but the "reality" is, because that is the one that happens often. I think people already know that btc can face hard times a lot of times, that is why they are hoping for the best by the time they start investing.

Everything is possible in btc, it can go high, really high or it can go low, really low but there are no exact indicators that tell we have already reached those moments, that is why it's important to set your desired price but try to be realistic so that you won't miss any opportunities. Wars, on the other hand, have an effect on the price because panics cant be avoided but there are people that are calm and still use btc, making the price recover and increase.

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Quote from: FIFA worldcup on February 26, 2022, 01:54:56 AM

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.
...

You must have often heard the phrase "buying when the price is bull and then selling when it's bear"...

newbies who are not familiar with bitcoin certainly have this bad habit above, they only buy based on momentary emotions and if news about bitcoin prices rises, but when bitcoin prices go down they immediately panic and feel bitcoin is deceiving them. try to apply "buy when bear and sell when bull" then you will never experience a loss.

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Quote from: ?? on ??

Quote from: FIFA worldcup on February 26, 2022, 01:54:56 AM

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.

In general, people who invest in Bitcoin are impatient to hold Bitcoin until it reaches its highest price. The price of bitcoin certainly will not be as beautiful as we imagine, the price of Bitcoin will often experience ups and downs before reaching its all-time high. Some investors sell their Bitcoins because there is something very important that they are forced to sell their Bitcoins even when the bitcoin price is down.

Besides being impatient, those who invest in bitcoin can become too greedy because they want more profit. That's what happens to many people, and sadly, they don't realize it. Their expectations for profit will not always be in line with the existing reality, thus preventing them from making a profit. In this case, we better be patient and wait for bitcoin to rise again. The ups and downs of the price are normal to be prepared for anything that might happen.

Zilon

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In reality Bitcoin moves in a parabolic and declining manner and which direction the market takes is dependent on the weight of the last investor based on capital intense. From all i have learnt from the market no move lasts for too long so instead of a total hodl i prefer a sell at interval so that if opportunity knocks for a dip more can actually be bought. Because even the current dip might not be satisfactory enough to the market anything at the moment is obtainable

LUCKMCFLY

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Hope is something very different from what is the reality of BTC, because for the most part when you talk about hope in Wyckoff's books, hope is not very well taken, and when you talk about hope in Livermore's books they say that it is it must leave the market because they interpret it to stop losses, the reality of BTC is that at any moment it can go up, if it happens that it can make a movement, it will be much bigger than the last ATH, it could be said to almost reach $100 or more. The reality of BTC right now is that it may continue to go even lower because global fundamentals are scattering everything to do with the war, and this causes a unique level of panic.

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Quote from: Kasabus on March 01, 2022, 04:30:27 PM

Quote from: ?? on ??

What you have to realize is that bitcoin or any other crypto currency is closely related to volatility, with that everyone can buy and sell by taking advantage of the ups and downs especially the traders who rely on it for profit.
there is no straight line in every investment and if there are all rich people in it, bitcoin moves up and down which will eventually tend to rise gradually and long term holders and who always take advantage of the downturn to make gradual purchases, and that is the winner who will get rich through long process and strong patience to achieve it.

Bitcoin is just like other investments that has its own risk because the future is still uncertain. But if you know how to take advantage every buying and selling opportunity, you will never experience much of its volatility effects and that the risk of losing in times of downturn is somehow minimized. But one thing is certain, bitcoin will not make you rich overnight, it will take a lot of years before you can say you have beat the tough and rough road to its success and made you rich eventually.

People will take risks if they know they can get something from that investment. And knowing BItcoin will somehow give them HOPE that someday this can make them rich. But, they have to understand first that the volatility of the market will give them a hard time because not all the time the price is bullish as bearish is also inevitable. That is the reality that we consider and think about of getting rich instantly is impossible.

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Quote from: Pejoh Asu on March 01, 2022, 11:06:04 AM

Since I know bitcoin since 2012 or 10 years ago I never thought that bitcoin would skyrocket to what it is now,

Most people shouldn't predict accurately what will happen in the future. Even Satoshi may be surprised to see how great the development of Bitcoin price is and its adoption nowadays. But you must have a feeling that Bitcoin price must be growing continuously at that time? Have you bought some Bitcoin in 2012 and still hold them till now? If I were you, I have been already bought some Bitcoins in 2021. Unfortunately, I just know Bitcoin in 2017-2018, a bit late to buy Bitcoin, but not really too late.

Quote from: Pejoh Asu on March 01, 2022, 11:06:04 AM

my country is very strict in cryptocurrencies so many top exchanges like binance, kucoin, coinbase and so on cannot be opened on the web.

I guess you are from the same country as me.
If you are Indonesian, you must understand that our government allows Bitcoin/crypto investment. Our government only forbids Bitcoin or altcoins to use as payment tools since it breaks our laws. I think the government has given a good policy, they don't ban Bitcoin or altcoins at least. Regarding the difficulties to access some top exchanges, it may be related to your network provider issues.

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Quote from: Finestream on March 01, 2022, 04:19:24 PM

Quote from: Quidat on March 01, 2022, 03:58:49 PM

Quote from: Pejoh Asu on March 01, 2022, 11:06:04 AM

Since I know bitcoin since 2012 or 10 years ago I never thought that bitcoin would skyrocket to what it is now, the most important thing for me is invest and profit even though it is smaller, moreover my country is very strict in cryptocurrencies so many top exchanges like binance, kucoin, coinbase and so on cannot be opened on the web.

No one knows on what would be the future looks like on which it would really be normal that you would really be missing out those kind of opportunities and to those who trusted up btc into those
early days are the ones who do make out big profits but its not really too late to get involved with even though possible profits might be small in long term and also minding off that we do have
other options specially when dealing with some altcoins too.

The good thing about bitcoin is even if it has a lot of fallbacks, at the end of the day its always bound to set into its new all time high. Yes, its very unlikely not to miss chances before bitcoin goes to its peak since no one really holds the future of bitcoin. And the more we keep our patience to invest and hold, or trade it, the higher the chances that we may end this journey successfully. I guess with bitcoin, the art of patience always matters in the end and those who tend to be more patient are most likely the winners in the end.

bitcoin has proven its solid existence in the market. so despite the countless times of up and down movements, it stays at the top among all other alts. alts are getting abandoned day by day, and yet btc is still holding its position. so if you are confused with your decision where to put your extra funds, one better option is to put it in btc. and then, just decide to go for other alts if you find something worthy to invest with.

Kasabus

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Quote from: ?? on ??

What you have to realize is that bitcoin or any other crypto currency is closely related to volatility, with that everyone can buy and sell by taking advantage of the ups and downs especially the traders who rely on it for profit.
there is no straight line in every investment and if there are all rich people in it, bitcoin moves up and down which will eventually tend to rise gradually and long term holders and who always take advantage of the downturn to make gradual purchases, and that is the winner who will get rich through long process and strong patience to achieve it.

Bitcoin is just like other investments that has its own risk because the future is still uncertain. But if you know how to take advantage every buying and selling opportunity, you will never experience much of its volatility effects and that the risk of losing in times of downturn is somehow minimized. But one thing is certain, bitcoin will not make you rich overnight, it will take a lot of years before you can say you have beat the tough and rough road to its success and made you rich eventually.

Finestream

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Quote from: Quidat on March 01, 2022, 03:58:49 PM

Quote from: Pejoh Asu on March 01, 2022, 11:06:04 AM

Since I know bitcoin since 2012 or 10 years ago I never thought that bitcoin would skyrocket to what it is now, the most important thing for me is invest and profit even though it is smaller, moreover my country is very strict in cryptocurrencies so many top exchanges like binance, kucoin, coinbase and so on cannot be opened on the web.

No one knows on what would be the future looks like on which it would really be normal that you would really be missing out those kind of opportunities and to those who trusted up btc into those
early days are the ones who do make out big profits but its not really too late to get involved with even though possible profits might be small in long term and also minding off that we do have
other options specially when dealing with some altcoins too.

The good thing about bitcoin is even if it has a lot of fallbacks, at the end of the day its always bound to set into its new all time high. Yes, its very unlikely not to miss chances before bitcoin goes to its peak since no one really holds the future of bitcoin. And the more we keep our patience to invest and hold, or trade it, the higher the chances that we may end this journey successfully. I guess with bitcoin, the art of patience always matters in the end and those who tend to be more patient are most likely the winners in the end.

isaac_clarke22

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I can just imagine many newbies thinking that such trading would make one rich overnight or even over a week. I personally had quit day trading even though I learned some parts of it like the Bollinger Band and RSI combination.
Other than those, there's not much. It's not worth my time and sanity to stare at the charts.

Topic: Hope Vs Realty of bitcoin - page 4. (Read 1255 times)