First of all you have to avoid the idea that Bitcoin will make you rich and that in relatively short period of time. Also, you have to be aware of price volatility and risk that investment bring with itself. For me these are the main points to avoid disappointment.
Just remember that the price goes up and down and that you might face the loss too. Also don't expect too much even if you gain profit, don't forget that situation could easily change.
Bitcoin is not some kind of magic that will make you rich over night, be realistic.
Topic: How to avoid disappointments when investing in BTC. (Read 381 times)
How to avoid disappointment?dont expect anything but study and learn it so you will not be disappointed to what you invest. Bitcoin or cryptocurrencies is risky so iys up to you how to manage and handle it.
All the investments are risky so we should not blame the Bitcoin and altcoin, stock investment and forex trading also difficult to predict so experience is the only key of any industry and If they confident in crypto platform surely anyone makes profit. I hope next year everyone believe this platform. 
Disappointment is human nature if what is targeted is not achieved, such as the crypto market is getting down and it makes a lot of people disappointed. To avoid disappointment in crypto investment is to invest as much as we can to lose, crypto is risky and if it cannot accept losses, then do not over-invest.
These happen when expectations are not met. If you're not expecting a bull run any time soon, then an extended bear market wouldn't have come as that much of a surprise. And you could've in a way prepared for it as well. Managing expectations avoid disappointments most of the time.
you summarized everything i had to say, i would have given you a 100 merit if i had them
How to avoid disappointment?dont expect anything but study and learn it so you will not be disappointed to what you invest. Bitcoin or cryptocurrencies is risky so iys up to you how to manage and handle it.
Thank you so much for this write up and if I have merits I could have give one to this post. Cryptocurrencies investments and bitcoin trading is simple very risky venture but few people look at fact and figure before investing into it. I could remember that many people that lose money in trading in both forex, Cryptocoins and stock market do so for lack of knowledge on how the stock market work.
Disappointment is human nature if what is targeted is not achieved, such as the crypto market is getting down and it makes a lot of people disappointed. To avoid disappointment in crypto investment is to invest as much as we can to lose, crypto is risky and if it cannot accept losses, then do not over-invest.
These happen when expectations are not met. If you're not expecting a bull run any time soon, then an extended bear market wouldn't have come as that much of a surprise. And you could've in a way prepared for it as well. Managing expectations avoid disappointments most of the time.
If someone want to make money from bitcoin investments then they should need to wait for their time to come,if they enters at bull and selling at bear will be the worst place for an investor to be and most of the investors are facing this currently.Bitcoin charts maybe similar to chart but we still don't have enough data to analyse this is following the chart or not so don't invest based on chart in my opinion.
Disappointment is human nature if what is targeted is not achieved, such as the crypto market is getting down and it makes a lot of people disappointed. To avoid disappointment in crypto investment is to invest as much as we can to lose, crypto is risky and if it cannot accept losses, then do not over-invest.
The best to not be very disappointed is by actually being prepared for the worst. if you know what could and may happen then you will be less vulnerable.
Of course not just in crypto but in other markets you should always be prepared. The problem with most investors is that they don't know the risk, or at least mitigate it. They think that the price will go on parabolic rise specially the peak last December. A lot of irrational buyers thought that the price would like to go above the $20,000 mark. They kept on buying at the top and selling at the dip, wherein it should be the other way around. Now they got burned and totally blamed the market. Also they don't know that bitcoin is good as a long term investment, so instead of selling off, they should be accumulating at this point and wait for the next coming months or years to be able to get a good ROI.
Even people making wise decisions will be faced with disappointment. And those making foolish decisions can still learn to deal with their disappointment. We do not live in a world of perfect foresight so it is inevitable that people will make incorrect decisions. The difference between the wise people and the unwise is that the wise are aware of this and therefore they are not disappointment in themselves and their actions.
The biggest thing is to understand your decision and the inherent risk, too many people get caught up in the potential upside that they seem to neglect that a negative outcome is also a possibility. If you make informed decisions based on research and not emotion then you should be able to limit disappointments.
The best to not be very disappointed is by actually being prepared for the worst. if you know what could and may happen then you will be less vulnerable.
Of course not just in crypto but in other markets you should always be prepared. The problem with most investors is that they don't know the risk, or at least mitigate it. They think that the price will go on parabolic rise specially the peak last December. A lot of irrational buyers thought that the price would like to go above the $20,000 mark. They kept on buying at the top and selling at the dip, wherein it should be the other way around. Now they got burned and totally blamed the market. Also they don't know that bitcoin is good as a long term investment, so instead of selling off, they should be accumulating at this point and wait for the next coming months or years to be able to get a good ROI.
An Unpredictable word that is how we can describe bitcoin, A total unknown to people that are just starting to ride it, We can never know when is the start of the bull and bear run may be, And both Runs have an audience that is very disappointed with each situation just like when we are in the Bullish Market people didn't expect the wild pump on bitcoin that day and they wouldn't know if they can still enter the ride or not and disappointed that they didn't catch up with the pump, And in the Bearish Market people that have entered their investment in 2017 have failed to sell some bitcoin to gain profit right now they didn't expect the total value of bitcoin now and they didn't expect the price will drop this much, I really think in both markets there are disappointments it is on your will and determination if you have the guts to continue or not and if you can decide to enter or not.
If you can't handle the disappointments when investing in BTC,just focus on your job and forget about investing in crypto.In trading(this includes crypto trading as well) the disappointments will be way more than the happy moments(even if you make big profits).If you are not prepared for that,just don't trade.
Quote
Bull period : > could be the worst time to enter aka people who bought for 19k last year
This is something like 2017 where price moved from around 900$ to 20,000$ in a year gaining around 2000%
it's also something similar to Sep 2013 to Dec 2013 when price moved from 95$ to 1100$ in 4 months
This is something like 2017 where price moved from around 900$ to 20,000$ in a year gaining around 2000%
it's also something similar to Sep 2013 to Dec 2013 when price moved from 95$ to 1100$ in 4 months
There are lots of advantages that can be get even by riding the bull trend. Strategy wise.
Others just says the 2017 is a worst time because we already know what happened next. If you are on the situation that day, who will taught that btc will be as much as down today? What if the other way around happened? And even history will repeat, surely majority will still buy at the peak because no one knows what will happened tomorrow.
Quote
Bear period: > a better time to enter
From end 2013 to Jan 2015 price entered a bear market from 1170 to 160$ ( lasted almost a year)
From Dec 2017 to present !
From end 2013 to Jan 2015 price entered a bear market from 1170 to 160$ ( lasted almost a year)
From Dec 2017 to present !
Just like above, since we already know what happened, we now conclude that their is really a best time to enter which is should;.
The bottom line: as long as people understand the risks once they put money on crypto, there is no such thing as "exact best time" to execute something. They should understand how volatile crypto is so in the time where bull and bear are actively and forcely dominating the market, they should have some sort of plan to deal on it or else, they will be wrecked.
It's hard to determine best time to buy bitcoin, especially when you are new. From my view, I think scenario always shows you best time. Lately price was stable between 6-7K usd, then it felt to 4K, now we have 3K. I think this 3K is a new limit (under this price won't fall or at least won't be under 2K again) and bitcoin won't fall much, it will simply destroy coin and I highly believe it won't happen.
Disappointment is an interpretation of your reality, it is not your actual reality. Therefore everything is always up to your own mind to decide. Some people may lose everything they have and be distraught, others may shrug it off as a life lesson. You can minimize negative situations in your life but you'll always be faced with some and the only way to not be disappointed in those times is to learn how to handle negativity and turn it in to positivity.
Disappointment cannot be eliminated because of poor crypto conditions, but we can lighten our disappointment a little by staying calm and believing that the market will grow.
We're heading into the holidays; volume should drop a lot and things will probably stay quiet through year end. At a crucial juncture like this (where we could be at either a swing low or on the edge of a cliff), the first few weeks of the year are the most important.
This is also one thing I noticed when bitcoin is opening its doors to a new year: price tends to be somewhat stagnant as most traders are still in the holiday hangover and a lot are still returning from vacations. Should the first few weeks of the year turn out to be positive, it's a great indicator that the market is in for the greens, though this should not always be taken religiously as we all know that the bitcoin market is so weird and is entirely different from the stock markets that we are so familiar with.
That's why people always say diversify your investments. Even the stock market could collapse as you can see and there is nothing you can do to actually stop the bleeding in crypto yourself hence even investing into those two won't be enough in days like these. Hence when you are investing remember that there are other options than just stocks and crypto, diversify all of them at once and get into more stuff.
For example, if you are investing into stocks do that with 10+ stocks, when you are investing into crypto do that with 5+ crypto currencies but also have some gold aside, if you can invest into some real estate projects, put money into bonds and many more stuff like that. If you do that than in return you will have a safer option and even if all of them drop at the same time at least you will know that economy can't continue to drop all the time.
For example, if you are investing into stocks do that with 10+ stocks, when you are investing into crypto do that with 5+ crypto currencies but also have some gold aside, if you can invest into some real estate projects, put money into bonds and many more stuff like that. If you do that than in return you will have a safer option and even if all of them drop at the same time at least you will know that economy can't continue to drop all the time.
100% agree with diversity. also some times not investing in anything is the best investment. honestly the whole stock market is setting up for a massive dip based on charts, 2019 is not going to be kind to most people in my opinion.
I'd give it a month before making any grand assumptions. We're heading into the holidays; volume should drop a lot and things will probably stay quiet through year end. At a crucial juncture like this (where we could be at either a swing low or on the edge of a cliff), the first few weeks of the year are the most important.
I have a feeling this stock market correction may end up looking like 2015-2016.
That's why people always say diversify your investments. Even the stock market could collapse as you can see and there is nothing you can do to actually stop the bleeding in crypto yourself hence even investing into those two won't be enough in days like these. Hence when you are investing remember that there are other options than just stocks and crypto, diversify all of them at once and get into more stuff.
For example, if you are investing into stocks do that with 10+ stocks, when you are investing into crypto do that with 5+ crypto currencies but also have some gold aside, if you can invest into some real estate projects, put money into bonds and many more stuff like that. If you do that than in return you will have a safer option and even if all of them drop at the same time at least you will know that economy can't continue to drop all the time.
For example, if you are investing into stocks do that with 10+ stocks, when you are investing into crypto do that with 5+ crypto currencies but also have some gold aside, if you can invest into some real estate projects, put money into bonds and many more stuff like that. If you do that than in return you will have a safer option and even if all of them drop at the same time at least you will know that economy can't continue to drop all the time.
100% agree with diversity. also some times not investing in anything is the best investment. honestly the whole stock market is setting up for a massive dip based on charts, 2019 is not going to be kind to most people in my opinion.
Jump to: