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Topic: I do not understand the pessimism - page 3. (Read 841 times)

sr. member
Activity: 504
Merit: 251
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July 06, 2018, 06:20:57 AM
#81
Like any investment people that went all in in the tail end of last year would have been the biggest losers. There only opinion in the months that followed would have been to cash out and cut their losses. In my opinion many of these people would have been new to crypto currencies and were really just buying on hype.
You can see how many of these became pessimistic about the outlook of bitcoin but they failed to realise that anyone who did well with crypto were probably in from the early days.
newbie
Activity: 126
Merit: 0
July 06, 2018, 04:12:56 AM
#80
Me neither
newbie
Activity: 66
Merit: 0
July 05, 2018, 11:20:17 PM
#79

You invest in trusting it, so trusting what you do, Bitcoin is underestimated compared to its true potential on the same user base.
newbie
Activity: 182
Merit: 0
July 03, 2018, 04:57:23 AM
#78
Hello everyone,

I just registered but of course I am a long-time cryptocurrency watcher.

What I do not understand is why most people are so pessimistic and talk about "these hard times for *coin".

If you look at the growth chart from the beginning of cryptocurrency, you will realize that even now, the Bitcoin is a bit over-valued. It is not "in the red" by any stretch. What was in the last few months was a bubble, an anomaly which may have been exploited only by the very few, just like in the real currency or valuable asset world.

You want a cryptocurrency to be stable, just like the real currencies. Only then will it be trusted and invested in by the big players. Any asset in which you make money like winning the lottery every day is bound to crash.

In my opinion the Bitcoin is just now approaching a "healthy" status. Making money from Bitcoin will be just as hard as making money from real currency trading.

For more money, just you just have to work...Smiley

My 2 satoshis...

Most people are naturally afraid of losing. Optimism is very important for us to know what exactly we are going to do in hard times.If we keep on being afraid of not earning then we cannot think of a strategy properly.
jr. member
Activity: 224
Merit: 1
“Revolutionizing Brokerage of Personal Data”
July 03, 2018, 04:35:02 AM
#77
Hello everyone,

I just registered but of course I am a long-time cryptocurrency watcher.

What I do not understand is why most people are so pessimistic and talk about "these hard times for *coin".

If you look at the growth chart from the beginning of cryptocurrency, you will realize that even now, the Bitcoin is a bit over-valued. It is not "in the red" by any stretch. What was in the last few months was a bubble, an anomaly which may have been exploited only by the very few, just like in the real currency or valuable asset world.

You want a cryptocurrency to be stable, just like the real currencies. Only then will it be trusted and invested in by the big players. Any asset in which you make money like winning the lottery every day is bound to crash.

In my opinion the Bitcoin is just now approaching a "healthy" status. Making money from Bitcoin will be just as hard as making money from real currency trading.

For more money, just you just have to work...Smiley

My 2 satoshis...




Pessimism is a mental attitude. Pessimists anticipate undesirable outcomes from a given situation, which is generally referred to as situational pessimism, or believe that undesirable things are going to happen to them in life more than desirable ones.
very very true. It has almost nothing to do with crypto, it has only to do with mindset of given people. all they need is to everything go in their favor in that given moment or they whine.
newbie
Activity: 56
Merit: 0
July 03, 2018, 04:22:27 AM
#76
You should read all the market information right now, the market does not move well and investors are becoming increasingly discouraged just because they can not make money from the market.
sr. member
Activity: 728
Merit: 275
July 03, 2018, 04:18:24 AM
#75
The problem we are having right now is that a lot of newbies came into the market this year during the bull. They all wanted to get in on the action with no one wanting to miss out but the thing is they all got thing without a proper understanding of the crypto market. They are the people that are panicking right now because they are watching the values of their coins plummet thinking that the prices will never recover
Exactly my point!!

Newbies have had a lot of expectations set from the crypto market and market has failed to satisfy all what they needed from the market. Especially at this point of time when it is expected of the market to be a bit favorable after a long correction period, market has not been able to comply with the standards set by the newbie community. That is the reason a huge FUD has been created and nobody is able to come out of all of this. Lets just hope for superlative market conditions in the future is what most of us have to say as of now. But not everything can be controlled easily and so is the case with the crypto market. It behaves in its own kind and is full of uncertainities.
newbie
Activity: 96
Merit: 0
July 03, 2018, 04:07:28 AM
#74
Also do not understand the pessimism that the crypto currency has hit the world. But people will eventually realize that the crypto currency is our future.
full member
Activity: 854
Merit: 140
July 03, 2018, 03:26:43 AM
#73
Pessimism comes from people who invest a lot of money in the start of January when the booming began and now saw their investment undervalue a lot which is a normal sign when you're just another overnight fortune seeker. Its true if you compare bitcoin since the beginning of its creation that bitcoin has been overvalue until now, but the recent development and booming in crypto nowadays has seen bitcoin as undervalued as it lost almost 70% of its value compared to the highest peak of its price.  Grin Grin
newbie
Activity: 76
Merit: 0
July 03, 2018, 03:20:14 AM
#72
In the crypto world, being pessimistic is very much disrespectful. Generally the newbies become like this and create problems to the community.
member
Activity: 227
Merit: 10
July 03, 2018, 02:53:24 AM
#71
It is much easier to say than to do,  as for me sometimes it is hard to believe that this grand would recover its price because it takes so long this time.
member
Activity: 294
Merit: 10
July 02, 2018, 05:45:51 PM
#70
The same for me I am highly persuaded that bitcoins would be great and bright, those people who are pessimists just probably don't know enough about Bitcoin.
copper member
Activity: 490
Merit: 105
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July 02, 2018, 09:30:42 AM
#69
Pessimism lies everywhere where there is a winning or loosing situation. Bitcoin or lets say crypto trading is also about winning and loosing where one wins when he gains profit in a trade and vice versa. There many kinds of people and some of them are those can't handle their loss and spread the pessimism because of their loss. The others are those who not aware of the potential of the technology and be pessimistic because of this. Some don't believe in the technology itself and thats why spread the pessimism whereas the others don't want others to make money and hence spread pessimism through their influence. The world is filled with such people and it depends on us whether to take the risk or not.
newbie
Activity: 27
Merit: 0
July 02, 2018, 08:51:24 AM
#68
We are the pioneers in this new economic model. If you can understand the implications that cryptocurrencies and blockchain will have for the future, you can't be pessimist.
hero member
Activity: 900
Merit: 503
July 02, 2018, 08:36:32 AM
#67

What I do not understand is why most people are so pessimistic and talk about "these hard times for *coin".

Hard times are for those people who bought BTC for $10k hoping that it will reach $50k be the end of the year.
It is indeed very discouraging to see that the value of your asset is "melting" every single day.
Though I do agree with you that bitcoin was a bit overestimated over the past several months and its current price reflects the more or less real demand.
hero member
Activity: 854
Merit: 500
July 02, 2018, 08:18:29 AM
#66
Hello everyone,

I just registered but of course I am a long-time cryptocurrency watcher.

What I do not understand is why most people are so pessimistic and talk about "these hard times for *coin".

If you look at the growth chart from the beginning of cryptocurrency, you will realize that even now, the Bitcoin is a bit over-valued. It is not "in the red" by any stretch. What was in the last few months was a bubble, an anomaly which may have been exploited only by the very few, just like in the real currency or valuable asset world.

You want a cryptocurrency to be stable, just like the real currencies. Only then will it be trusted and invested in by the big players. Any asset in which you make money like winning the lottery every day is bound to crash.

In my opinion the Bitcoin is just now approaching a "healthy" status. Making money from Bitcoin will be just as hard as making money from real currency trading.

For more money, just you just have to work...Smiley

My 2 satoshis...


The pessimism is centered around the fact that as bitcoin and the cryptocurrency market has been able to go the distance with their value and high market price. But as time passes and progresses there was a considerable decline and defradation from the saturated market which has been a cause for panic and distress to
The cryptocurrency users kost notably the bitcoin users as even the hardened ones were soon to use the panic button.
full member
Activity: 350
Merit: 102
July 02, 2018, 08:11:48 AM
#65
Hello everyone,

I just registered but of course I am a long-time cryptocurrency watcher.

What I do not understand is why most people are so pessimistic and talk about "these hard times for *coin".

If you look at the growth chart from the beginning of cryptocurrency, you will realize that even now, the Bitcoin is a bit over-valued. It is not "in the red" by any stretch. What was in the last few months was a bubble, an anomaly which may have been exploited only by the very few, just like in the real currency or valuable asset world.

You want a cryptocurrency to be stable, just like the real currencies. Only then will it be trusted and invested in by the big players. Any asset in which you make money like winning the lottery every day is bound to crash.

In my opinion the Bitcoin is just now approaching a "healthy" status. Making money from Bitcoin will be just as hard as making money from real currency trading.

For more money, just you just have to work...Smiley

My 2 satoshis...




The bitcoins had high hopes for many investors, after he reached 20,000, even the most cautious of them was waiting for 50,000, so many are so pessimistic.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
July 02, 2018, 08:08:36 AM
#64
Hello everyone,

I just registered but of course I am a long-time cryptocurrency watcher.

What I do not understand is why most people are so pessimistic and talk about "these hard times for *coin".

If you look at the growth chart from the beginning of cryptocurrency, you will realize that even now, the Bitcoin is a bit over-valued. It is not "in the red" by any stretch. What was in the last few months was a bubble, an anomaly which may have been exploited only by the very few, just like in the real currency or valuable asset world.

You want a cryptocurrency to be stable, just like the real currencies. Only then will it be trusted and invested in by the big players. Any asset in which you make money like winning the lottery every day is bound to crash.

In my opinion the Bitcoin is just now approaching a "healthy" status. Making money from Bitcoin will be just as hard as making money from real currency trading.

For more money, just you just have to work...Smiley

My 2 satoshis...

Youve got a right point on this one mate,that bitcoin price if we will only track back the price is higher on what is necessary and this is needed to be realized by those who's reacting exaggerated about this issue

The only problem is why the pumps happening and after just some times it will dump again hugely so theres a speculative idea about manipulating
full member
Activity: 171
Merit: 100
July 02, 2018, 08:02:09 AM
#63
Also, i am not a pessimist on the issue of BTC. In the past, these bubbles were made repeatedly and irregularly repeats. It is it possible for them to earn extra lot of money, but it's mostly an exception than the rule. The stability period is predominant, as it is in the financial sector, for example, in stock exchanges and the banking sector. At the time of BTC stability, better earnings can be obtained from BTC derivatives, which are altcoins.
newbie
Activity: 30
Merit: 0
July 02, 2018, 07:27:25 AM
#62
This was an interesting post. The problem in the market right now is there are a lot of newbies and they are not patient enough with Bitcoin. We have to trust the coin and be patient with it to gain profit.
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