How big is your optimism for crypto investment? - page 2.

bitgolden

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Quote from: SaveOurSea on July 13, 2023, 11:08:14 AM

Quote from: nick_2017 on July 09, 2023, 12:41:11 PM

it's important to note that the cryptocurrency market is highly volatile and can be subject to significant fluctuations. While some investors have experienced substantial gains, others have incurred losses. It's crucial to conduct thorough research, consider one's risk tolerance, and diversify investments to manage potential risks.

We need to look at a market that is fluctuating positively because if the market moves steadily then it will not be profitable,
crypto investment is not easy and don't expect when beginners invest and immediately get profits,
it is clear that there is much to be learned.

Sure it should be volatile to make some money but that doesn't mean that it is going to be profitable neither. We should believe that the best thing to do in this case would be going up, if it keeps going down a lot then it is not going to be good. So, how can be volatile and go up and down while not wanting to go down? That can be done by going higher a lot more and then going down a lot less.

So we can go from 30k to 33k but go down to 32k, then go to 35k and down to 34k and to 40k and down to 38k. That type of "up and down" together would make sense and I would say that it could actually benefit everyone. I highly suggest making that a reality, because in the end if we do this then we could end up with a great profit eventually. I personally like that idea.

SaveOurSea

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Quote from: nick_2017 on July 09, 2023, 12:41:11 PM

it's important to note that the cryptocurrency market is highly volatile and can be subject to significant fluctuations. While some investors have experienced substantial gains, others have incurred losses. It's crucial to conduct thorough research, consider one's risk tolerance, and diversify investments to manage potential risks.

We need to look at a market that is fluctuating positively because if the market moves steadily then it will not be profitable,
crypto investment is not easy and don't expect when beginners invest and immediately get profits,
it is clear that there is much to be learned.

nick_2017

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it's important to note that the cryptocurrency market is highly volatile and can be subject to significant fluctuations. While some investors have experienced substantial gains, others have incurred losses. It's crucial to conduct thorough research, consider one's risk tolerance, and diversify investments to manage potential risks.

Xal0lex

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Quote from: Sterbens on July 04, 2023, 04:12:52 PM

Quote from: Xal0lex on July 03, 2023, 01:09:28 PM

I'm glad bitcoin is over $30k, but I'm not very optimistic. I am cautious about this growth. It is too early to talk about a full-fledged bull run of cryptocurrencies after what we saw less than a year ago, when there was a bear market and prices of many projects were at the bottom of that cycle. Things are moving extremely fast now, and there is a good chance that it could soon end in a massive correction that could last a full year. The experience of 2019 has taught me that you should not believe in lush growth after the end of the bear cycle, it could be another market trap and you will have to fix your losses later.

It is not wrong to be cautious in this regard but sometimes when talking about caution everything is not always reliable I think because indeed when in bitcoin of course we know the risks.
Although I agree with caution but of course we also cannot forget where we also have to take advantage of all conditions where it can be profitable.
$30k is indeed for now quite large but when talking about long-term conditions it could be that this is also profitable even though everyone has their own strategy in making investments but I am more relaxed in this case when I have more money then I will do it without seeing the price because of course we know that when talking about investment it takes a long time because it cannot be instant so as long as I can then I will buy and hold it.

The size of the price is learned in comparison with the duration of the investment. If we invest for a very short period of time, buying at $30,000 may seem like a really expensive purchase. In the context of one decade, for example, that price may seem extremely low to the investor, because the bitcoin price may rise a lot in the next 10 years. The shorter our investment term, the more we depend on the price to make a buying decision.

lalabotax

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I'm more realistic than overly optimistic about something. Indeed, I am a long term holder especially for Bitcoin, at least until the bullish era. Haha.
but for sure, I will not be easily shaken when there is a drop market and various FUD. Is this included in high optimism?
Crypto investment especially Bitcoin is one side very promising and worthy asset, but on the other hand it is also risky. For those who are new enough and still not yet understanding how crypto works, they may think that this is such gambling, or this is such kind of scams, moreover when they find or meet a bearish era or market drop only in several hours. This will sometimes shake people's heart to panic and then sell off their assets. This is because uncertainty that they think very risky. But for those who have understood about the ways crypto work, this is actually very usual happening, like the cycle of bearish and then bullish era. However once more, although we are very optimistic about Bitcoin investment, we must be also aware and stay calm when investing, not to be greedy that we are too optimistic especially in reaching certain targeted prices.

asawale

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I'm into this as my life depends on it. That's the greatest extent of Optimism anybody can have. I believe the world financial system will in no distant time adopt Blockchain technology in solving the problem of centralized financial system which places few above the others.

Victorik

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Quote from: TastyChillySauce00 on July 03, 2023, 06:15:20 PM

Quote from: Victorik on July 03, 2023, 01:22:06 PM

Those who have been in this crypto space long enough will definitely be optimistic about crypto currency despite the current market situation because they understand the trend. But those who are new to crypto will probably be regretting because of course what they are seeing currently doesn't match their expectations.

Sure, i have been here since bitcoin was only three digits and it's now touching 5 digits. The chance is a lot. The problem is now if bitcoin may also increase even further than before.

Crypto investment can give a lot of people hopes to make money as long as bitcoin gonna be bullish. Many companies started to apply for btc etfs. this good for long term.

Wow! That means you have been in the crypto space for quite a long time. That means you have seen the good, the bad, the ugly days of crypto.
Yea, crypto investment really comes with a lot of hopes, but sometimes these hopes get smashed to pieces.

Victorik

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Quote from: KingsDen on July 03, 2023, 06:10:25 PM

Quote from: Kelvinid on July 03, 2023, 04:31:18 PM

Quote from: Victorik on July 03, 2023, 01:22:06 PM

Those who have been in this crypto space long enough will definitely be optimistic about crypto currency despite the current market situation because they understand the trend. But those who are new to crypto will probably be regretting because of course what they are seeing currently doesn't match their expectations.

I agree with that as they know and witnessed how the market grow from scratch to a valuable asset. And this will even help to create optimism and see a bright future for crypto investment, and that is why despite the FUDs they remain calm and patient. But for newcomers, I was not surprised by their uncertainties because they still don't understand how the market works. And also, there is what we called TRUST that usually missing which would lead to quitting especially when suffering losses.

Experience is a good asset. The old investors have witnessed many halving period, many bear periods as well as bull period. They understand that the bitcoin is cyclical and they also understand the function of FUD and FOMO in the market. They are almost unbothered by the happening in the cryptocurrency industry.
But the new comers are yet to be convinced about the authenticity of bitcoin let alone believing it when it is in the bear market. I do not blame them, it is now a situation of the experienced get richer.

You nailed it. Couldn't have been better said.
Experience is priceless when it comes to crypto. With the recent happenings, the old investors are really unbothered, but rather hopefully waiting for the market to bounce. As for the new guys, I can guarantee you that many of them have sworned not to have anything to do with crypto ever again

Raflesia

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Quote from: Rengga Jati on July 04, 2023, 04:40:12 PM

Naturally. As common.
Because I don't want to be 100% in terms of trust here. Therefore I do not want to be too bigoted and idealistic. I'm just trying to be more realistic. So regardless of market conditions, I will accept them well and make the best of it. I'm sure to be able to hold Bitcoin and several altcoins at least until they are bullish. And that's when I will take profits. Then trade again and do DCA again when the bearish starts coming. Yes normall like most people do.

We are not maximalists who believe in 100 per cent because indeed prudence is also very important in this case. but when it comes to investing in bitcoin I would probably say it is the thing that makes me more confident than others.
Maybe there are some altcoins that according to some perspectives are very good but when it comes to bitcoin I am more convinced of this.
Even if there is a risk, it is a fairness and not being 100 percent sure is also a fairness in my opinion but on the other hand things like that can be covered with the trust and experience we have while being here.

kamvreto

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MAaaN...!! CUT THAT STUPID SHIT

Quote from: SirLancelot on July 05, 2023, 01:44:10 PM

Quote from: Wimex on July 01, 2023, 06:24:02 PM

Seeing this type of news from people in this category, with so many years of experience in the cryptographic market who consider that investing in these assets continues to be and will continue to be one of the best decisions that could be made, since it will probably continue to bring surprises later. , they fill one with confidence and security, but for those who until now are entering this world and are afraid of what will happen. And I wonder how many people in this forum who have also spent years learning and handling cryptocurrencies, specifically bitcoin, think the same way as these influencers. How great is your optimism that increases in volatility will be seen again? Increases that could become historic.

Those who are afraid of entering this market are those who have just seen Bitcoin and other cryptocurrencies in the bear market, they think that they crash very badly since Bitcoin crashed from $69k to $16k straight and anyone who is new to it will get scared seeing that for sure, but those, who have been around since the beginning or when Bitcoin wasn't worth much, will not have such thoughts at all and I say that because I'm one of them.

I've known Bitcoin since when it was only worth $400 a coin, I didn't know back then that it will get this much success and will gain such a high value in the future, there used to be only an easily countable amount of people who used to know and use Bitcoin back then and look at it now.

It will be very scary if a new beginner looks at the current price and compares it with the last ATH price. from $69k down to $16k would give almost 80% loss. But such a decline would instead benefit those who believe in and know about Bitcoin. If they don't enter at a low price then they panic too much and think bitcoin won't come back. Even though this is just a downward cycle that really has to happen, ups and downs in crypto are common. It's just how someone can strengthen their mental and correct money management to buy back when the price crashes.
For those who have bought Bitcoin at a low price, as you said below $ 400 then they will become billionaires if they sell it now, even more if they wait for the next new ATH.

SirLancelot

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Quote from: Wimex on July 01, 2023, 06:24:02 PM

Seeing this type of news from people in this category, with so many years of experience in the cryptographic market who consider that investing in these assets continues to be and will continue to be one of the best decisions that could be made, since it will probably continue to bring surprises later. , they fill one with confidence and security, but for those who until now are entering this world and are afraid of what will happen. And I wonder how many people in this forum who have also spent years learning and handling cryptocurrencies, specifically bitcoin, think the same way as these influencers. How great is your optimism that increases in volatility will be seen again? Increases that could become historic.

Those who are afraid of entering this market are those who have just seen Bitcoin and other cryptocurrencies in the bear market, they think that they crash very badly since Bitcoin crashed from $69k to $16k straight and anyone who is new to it will get scared seeing that for sure, but those, who have been around since the beginning or when Bitcoin wasn't worth much, will not have such thoughts at all and I say that because I'm one of them.

I've known Bitcoin since when it was only worth $400 a coin, I didn't know back then that it will get this much success and will gain such a high value in the future, there used to be only an easily countable amount of people who used to know and use Bitcoin back then and look at it now.

Victorik

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Quote from: milewilda on July 03, 2023, 05:47:14 PM

Quote from: Yatsan on July 03, 2023, 05:31:14 PM

Not too big, not too small.
We all know how profitable crypto investment is, but also knowing how risky it is and that profit won't come in an instant, I think it would be bad to have high expectations of it 'coz it might affect investor's emotion in the first place which is a must to avoid. Yes, you may earn huge money from picking the right coin or altcoin perhaps but since not all coins would be like it, then your winnings could be turned into losses if you would be too eager and optimistic of the outcome in every investment. Would always be manageable risk than going all out.

Quote from: Victorik on July 03, 2023, 01:22:06 PM

Those who have been in this crypto space long enough will definitely be optimistic about crypto currency despite the current market situation because they understand the trend. But those who are new to crypto will probably be regretting because of course what they are seeing currently doesn't match their expectations.

Things are the same I guess to both new and old crypto investors. It just that old crypto investors understand this market more which lowers down the optimism unlike on our early days in this industry.

Better to be neutral always on which you shouldnt really be that too optimistic and you shouldnt really be that too pessimistic. Just make yourself go with the flow or with those waves considering that this market is always
been that volatile and there's no way that we could tell on what would be the future looks like. Just remember on doing not all in with your investment, only invest on the amount which you can afford to lose and dont risks out your life savings to this because there would be no assurance that it would really be giving out that positive result but basing up on the past and those recent bull runs then we arent that blind on not to have those comparison on which this is the sole reason on why we are really that hoping that much which it isnt bad but you should really be sticking on being realistic. As long you do know the risks and having
that good management of your funds then i dont see anything wrong with this.

Methinks he is just trying to play safe considering the volatility of the market and you can't blame Him for that. The market can be brutal sometimes and your hopes could disappear within a twinkle of an eye, especially when you are dealing with a shit coin.
So, I don't really see any pessimism in his statement.

Victorik

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I understand your point. I think you are trying to play safe so you don't get disappointed when you high hopes get dashes by the uncertainty of the crypto market. It's ok, it shows that you understand exactly how the system works.

Quote from: Yatsan on July 03, 2023, 05:31:14 PM

Not too big, not too small.
We all know how profitable crypto investment is, but also knowing how risky it is and that profit won't come in an instant, I think it would be bad to have high expectations of it 'coz it might affect investor's emotion in the first place which is a must to avoid. Yes, you may earn huge money from picking the right coin or altcoin perhaps but since not all coins would be like it, then your winnings could be turned into losses if you would be too eager and optimistic of the outcome in every investment. Would always be manageable risk than going all out.

Quote from: Victorik on July 03, 2023, 01:22:06 PM

Those who have been in this crypto space long enough will definitely be optimistic about crypto currency despite the current market situation because they understand the trend. But those who are new to crypto will probably be regretting because of course what they are seeing currently doesn't match their expectations.

Things are the same I guess to both new and old crypto investors. It just that old crypto investors understand this market more which lowers down the optimism unlike on our early days in this industry.

terencio

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I also think that there are many challenges and uncertainties that could affect the crypto market, such as regulation, security, scalability, environmental impact, etc. I would not be too complacent or overconfident, but rather cautious and realistic. I’m curious to know what other people in this forum think about this topic.

gameplaygign

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You know, I've always been greedy for advice when it comes to personal investments, I never wanted to share secrets. But now I found such a project as NeonLink and my opinion has changed. Because it seems to me that it will still be heard by everyone soon. Therefore it will no longer be something secret.

Victorik

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Quote from: Kelvinid on July 03, 2023, 04:31:18 PM

Quote from: Victorik on July 03, 2023, 01:22:06 PM

Those who have been in this crypto space long enough will definitely be optimistic about crypto currency despite the current market situation because they understand the trend. But those who are new to crypto will probably be regretting because of course what they are seeing currently doesn't match their expectations.

I agree with that as they know and witnessed how the market grow from scratch to a valuable asset. And this will even help to create optimism and see a bright future for crypto investment, and that is why despite the FUDs they remain calm and patient. But for newcomers, I was not surprised by their uncertainties because they still don't understand how the market works. And also, there is what we called TRUST that usually missing which would lead to quitting especially when suffering losses.

Some newcomers believe that crypto currency is a way of getting rich quick. But they when the price a token they are holding plummet, they will begin to curse their luck.
Crypto is not for the weak at heart. If you lack patience, you can't really do crypto.

Mrbluntzy

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I am very optimistic about my crypto investment and I hope that some of my coins will generate a high profit when the bull market starts.

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Quote from: WalkerIVIV on July 04, 2023, 06:04:08 PM

despite the fact that there has been quite the rollercoaster in the crypto market it still good investment regardless.
I think i'm pretty confident with the fact that the market right now still have potential to have massive bullruns, I just don't think its gonna fall even further, bearish always has an end, and bullish will eventually comes.

Yes, the crypto market does go up and down, and as long as it's still at a normal level, it doesn't seem to be a problem,
crypto investment is still profitable so no need to worry,
to be bullish, you need patience and hope that it will come, we'll see.

Gladitorcomeback

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Quote from: _BlackStar on July 04, 2023, 04:47:44 PM

Hmmm - that's much better than not getting any benefit while you are involved. I mean - every one of the traders and investors need to take profit at a certain time period from his investment. They don't have to be permanent holders without enjoying a return on their investment - of course they will need to get out at some point and build up their portfolio another time.

I agree with you on this point. booking profit is must in every trading especially in crypto. just seeing your portfolio is increasing couldn't be called profit until you sell it. a good trader can make 10x more then holder in the journey of coin to reach 2x because the coin will face up and down many times. The good strategy is to sell time to time when price increase because one crash will down your portfolio very bad.

Quote

There are two cycles that occur in the market that allow holders to earn returns and losses. When the trade price is higher than the entry price - then of course the best advice is to close your position and enjoy the profits. You can come back tomorrow or whenever you're sure that's the right time - so you can really take advantage of volatility to build your wealth from crypto.

actually it is greed that not allow investors to sell. when bullish moment start and best time to sell come, greed says , please don't sell, little more and at last will sell in panic when market start correction. My cousin told me that his friends buy once a coin of 1k$ which did 10x but he was not selling with expectation of 100x and some days later sold for 1k$. i agree with your opinion, we have to sell at peak and wait for right time to make entry again.

Blitzboy

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Quote from: Strongkored on July 03, 2023, 06:40:27 PM

An investor should be optimistic about his investment, which is why he needs very in-depth research on the type of investment that will be chosen before finally buying it, as well as investing in crypto, if an investor is not optimistic it is very possible that he chooses crypto only based on other people's suggestions, and does not research first.
Investing in crypto is not easy because there are so many choices, especially if the investor is a typical investor who really likes risk because the profits will be very large, then research must also determine profit targets and don't use the news that is circulating as a benchmark because often it is the only news that made by speculators to create big movements in the market either so that there is panic selling or panic buying for fear of missing the train.

I see your point and agree with it to a significant extent. A confident investor is essential. I disagree with you, however, that hopeful investors won't be swayed by the advice of others. Optimists might be led astray by the herd if they are not given all the facts.

However, a gloomy investor is not necessarily going to skip out on research. Investors that are willing to challenge everything often end up with the highest success. In fact, their natural skepticism may make them stronger researchers and more adept at recognizing possibilities. For this reason, I believe it is crucial that we dispel this misunderstanding.

While it's true that there are plenty of high-risk investments to be found in the cryptocurrency market, there are also plenty of potential payoffs. All it takes is a little more research, a few more pointed inquiries, and a willingness to feel a little uneasy.

Topic: How big is your optimism for crypto investment? - page 2. (Read 834 times)