Hope Vs Realty of bitcoin - page 5. | Bitcointalksearch.org

Quidat

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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, 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.

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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.

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Quote from: Bitstar_coin on March 01, 2022, 04:30:20 AM

Absolutely, people should really stop listening to fud and learn to take their decision base on their own research, some people just panic sell over every little news they read forcing the market to go down, yet they claim to have trust in btc, rumormongering will always try to cause chaos and fear in the mind of investors for whatever reason.
I already told myself no more, after what happened 2017/18 when i panic sell all my coins for cheap, i already learn and more understanding of the market now, nothing is making me to sell until when am ready to do so.

You know, I haven't sold most of my coins since those years, and now they are almost worth nothing. These are mostly coins obtained from bounties, from old projects that are now worth nothing. So there is no one right decision on how to act, hold or sell right away. Now when I can analyze, I can say that selling immediately and transferring all funds to bitcoin would be the best solution.

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Quote from: pooya87 on February 26, 2022, 02:22:05 AM

The problem is not the hope, it is listening to FUD. Many people have already learned that bitcoin price is not going to reach the "moon" overnight but they still need to also learn that there is no need for it to crash for any arbitrary reason just because some people are fearmongering.

For example take the recent events. Why did they panic sell and crash the market to $34k? Simply because they were manipulated as we can see price is back to trying to pass $40k again despite the reasons for the FUD not having gone away.

Absolutely, people should really stop listening to fud and learn to take their decision base on their own research, some people just panic sell over every little news they read forcing the market to go down, yet they claim to have trust in btc, rumormongering will always try to cause chaos and fear in the mind of investors for whatever reason.
I already told myself no more, after what happened 2017/18 when i panic sell all my coins for cheap, i already learn and more understanding of the market now, nothing is making me to sell until when am ready to do so.

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Quote from: aruldaroy on February 26, 2022, 04:36:14 AM

Quote from: boyptc on February 26, 2022, 02:07:00 AM

But looking at the outer part of the chart of an investment that's just consistently going up. Zooming in with corrections and dips are fairly normal. That's why for bitcoin if you're the type of investor and lacks of patience then it isn't for you and the same goes for the mid term investors.

Patient people wins this market.

Yes that's right because most of the easy things end in failure. as well as investment we all are not easy all also need patience.
Bitcoin investment has a long life and has a big risk, only patient people can get through such market situation.
Ups and downs are normal things that happen in a market, but the cycle of time traveling down prices requires great patience.
Judging from the line of graphs that were made, it seems that the journey of an investor will be very easy, even though everything also needs a process
And mostly just patient people who always win.

If you've been holding for so long, the risk won't be felt that much. You're just enjoying the ride and wave that bitcoin is making. It's like bitcoin is becoming part of your daily life and the dips and pumps are going to be normal to you.

That's the big risk that you're telling but it won't matter that much upon experiencing its market for that long. As you invest, you think of the reality that all of those successful people that have held bitcoin, they never became rich overnight.

But, they've exerted effort and became patient as they've held for so many years.

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It wouldn't be a risk any longer if the journey is all sweet and rosy, I don't even see the sense in such reasoning, like is the a business that goes all smoothly without a little crash here and there???

People with this mindset though aren't traders, they're are does who doubt the genuineness of Bitcoin.

They just want to be sure with what they have and that's really wrong thinking.

All they want is to see the good journey but are not prepared for the roller coaster ride which is one of the fun parts of investing and trading journey in bitcoin.

That thinking will suddenly change if they go through the ride when they've experienced how it feels to be up and down.

dezoel

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Personally I think that’s a dumb thinking. I do see people who think that way, that Bitcoin would just keep on going up a straight line, and it gets really annoying when you’re trying to explain all these things to them. Even after you might have explained it all to them, they still see it as a difficult thing to understand, which I don’t really like at all. Bitcoin is a market, and demand and supply plays a role here, the market will always keep going up and down and not just moving straight up.

The good thing about Bitcoin is that a good long term choice. It has the highest trade volume and is the number one Bitcoin in the market in terms of popularity and the first to be created, so the values keeps going up.

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Quote from: Odusko on February 27, 2022, 06:21:18 AM

The market does not respond to feelings but the volume of demand, a lot of investors dive into Bitcoin when the price was at its all high of 60000 dollars or above and are now on the lookout to when the price will jump to 100000 dollars to cash out profits if you take Bitcoin as a get rich quick scheme you will get frustrated because Bitcoin is an unstable digital currency that its value can change at any time be it up or down.

That is why I've never thought that ever nor did I expect that much. Soon to get reached but we have to consider first the reality that Bitcoin is that high if the demand is small, it is only found sustainable and able to top another high if adoption will go farther beyond today. We're not giving up yet and being hopeless for not seeing it reach $100k but unfortunately, it doesn't go that easy and fast. Sometimes we got bothered too.

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Quote from: teosanru on February 27, 2022, 07:39:01 AM

Exactly the truth but from a trader's point of view, this is hard to predict. As per the chart, there is just one good strategy which is to HODL which is just the half truth. Trading too can be profitable but only with the correct knowledge, you should correlate all the indicators to know which fall is a correction and which one is a crash, also you should be ready to take STOP loss if you are proved wrong. The truth is even a trader's capital will increase in this manner only the way the chart on the right is moving. It's just that people stop trading after their first crash and don't follow their strategies and then the downfall of their capital begins.

If both the investors and traders know the true potential of bitcoin, they will never ever sell in loss. Even if the war news or any other news brings bitcoin down, it will be temporary. We have seen in the past that all such events could not dump bitcoin for a long time. There was always buyers and whales who are willing to buy bitcoin cheap from us.

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Exactly the truth but from a trader's point of view, this is hard to predict. As per the chart, there is just one good strategy which is to HODL which is just the half truth. Trading too can be profitable but only with the correct knowledge, you should correlate all the indicators to know which fall is a correction and which one is a crash, also you should be ready to take STOP loss if you are proved wrong. The truth is even a trader's capital will increase in this manner only the way the chart on the right is moving. It's just that people stop trading after their first crash and don't follow their strategies and then the downfall of their capital begins.

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Most of the new investor want to buy dip and they want to sell pump in short time.But Reality is bitcoin is long time survive crypto but i think new investor Doesn't know it.Market dip right now.But hopping bitcoin price will be more increase in this year.I hope bitcoin price will hit $70k+ this year.

Odusko

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The market does not respond to feelings but the volume of demand, a lot of investors dive into Bitcoin when the price was at its all high of 60000 dollars or above and are now on the lookout to when the price will jump to 100000 dollars to cash out profits if you take Bitcoin as a get rich quick scheme you will get frustrated because Bitcoin is an unstable digital currency that its value can change at any time be it up or down.

jostorres

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We can't expect market to be stable, we can only wish for it, inorde to make huge profit we need to be patient and become a longtime hodler instead of short time hodler, and we should just assume that we put our asset in a fixed account, unless if you are a passive trader regular trading following bitcoin market volatile price can make a good profits if not keep holding.

Only people who are day traders should be trading Bitcoin on a short term. Some investors who has no single clue on how day trading works, and are meant to be holding long term, would be making the mistake of trying to trade Bitcoin on a short term and they end up losing their money, and missing the opportunity of being in the market while the prices and low and holding until the market’s huge. If you are not someone who can predict the direction the market is heading to on a short term, your best decision to make would be to simply invest and hold your coins for a long term and not just hoping in and out every little time.

lalabotax

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Isn't it funny sometimes when faced with the real reality? Sometimes or even often, what we happen is not what we expected or dreamed of, especially in the crypto market. This is advice and self reminder for us to stay on track, stay focused on what can be done right now, not on hopes that may be difficult to achieve. So it must have some plans.

Luqman

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You are discussing Bitcoin investment or Bitcoin trading? If you want to discuss Bitcoin trading, I think this thread should be moved to Trading Discussion https://bitcointalk.org/index.php?board=8.0.

The reality in trading Bitcoin is never the same as expected since we only think about good things in trading. In reality, there are too many challenges and obstacles that come suddenly, never expected before. However, the final hope to succeed in trading isn't something impossible, dude. It can be achieved someday after experiencing many pains or losses in trading. As time goes by, we will learn many things from experiences that can lead to success.

nurilham

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Before entering the crypto world we must know that the crypto market is up and down and unpredictable. we must be able to adapt first to the ups and downs of the crypto market so that we can understand the market well. The crypto market cannot match our expectations so we must be able to follow the crypto market. when the market goes up we sell and when the market goes down we buy. many people lose money when investing because they are too panicked about the crypto market going down, even though this is a common thing that happens and we just need to wait for the market to recover. it's not an easy thing to wait but it's better than selling it when the market is down.

taufik123

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When they understand the way the market works, of course their thinking will not be that easy to see Bitcoin continue to rise without any decline. Remember that Bitcoin or Cryptocurrency is very volatile and it goes on quickly. To be able to follow the Bitcoin Hartga need to analyze technically and it is very much needed so that it can predict where the price will go. And this price is also manipulated by some Whales who tried to set prices with them as they please, but it won't be that easy. Bitcoin price at this time is reaching a new ATH and it will certainly happen but it takes time.

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Bitcoin is dynamic which it changes by pumping today and start dumping tomorrow which everybody must understand about bitcoin. Now that the price has increased small in the exchange market that is giving many customers hope that the price will definitely reach $50 before the end of next month. Investing on bitcoin now is a good choice because the price is still low for customers to buy more and hold for the price to go higher before they can sell to make a good income.

Quidat

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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.

This is how newbies or noobs do really believe on and cant really deny that when we are still noobs too then we do have mainly this kind of impression.Am i right? Cheesy

You would able to realize things when you do actually have that real experience on dealing with the market and those first impression or mindset of yours would be
totally changing on what it is. This is how reality works and this is why you should really be that aware and be realistic on what would be your targets.

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Quote from: kaya11 on February 26, 2022, 07:14:48 AM

If you see it very clearly those hopes are somehow true, it is a straight line upwards. Look in the chart data in a different angle or point, or zoom it out, the uptrend is like a straight line. Fact's never lie and as far as I know you still earn an approximate 28686.16% of ROI when bought in times of launch, this the reality and somehow people are blind in this fact.

This only means that either the people don't have the patience or they are too much afraid that they tend to sell in panic. Is there anyone from 2010-2015 holding bitcoin till now? Those few people would be real legends.

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