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Topic: [Poll] Where are we in the Investor's Emotion Cycle? - page 3. (Read 3280 times)

legendary
Activity: 1022
Merit: 1000
Please explain why you are using all this oldschool stockmarket memes in bitcoin forum?
Is bitcoin the wallstreet or something - i really do not think so!




No its not the Wall Street, but investor emotions, chart patterns and other trading related topics apply to the Bitcoin market as well as to Wall Street.
legendary
Activity: 1022
Merit: 1000
You say "we," but to be more accurate it depends on when each person bought in and how much they invested. If at $32, relief. If half their net worth at $2, euphoria. If at $25, optimism.

I think many people will answer where their own emotion cycle is at, but the more relevant question for investors is where the general public is at in the cycle. Yet the catch is, the general public has not really been exposed to Bitcoin yet. This is wild west territory as far as pricing, and anything is possible, though not as wild as it used to be, and it does seem the price has settled into a nice exponential growth curve for now.

Thx for the reminder, I fixed the title to be more accurate!
When everyone gives their personal state of emotion, the average of all of them will be the general state this forum is in.
sr. member
Activity: 476
Merit: 250
The first is by definition not flawed.
Please explain why you are using all this oldschool stockmarket memes in bitcoin forum?
Is bitcoin the wallstreet or something - i really do not think so!


legendary
Activity: 1036
Merit: 1000
You say "we," but to be more accurate it depends on when each person bought in and how much they invested. If at $32, relief. If half their net worth at $2, euphoria. If at $25, optimism.

I think many people will answer where their own emotion cycle is at, but the more relevant question for investors is where the general public is at in the cycle. Yet the catch is, the general public has not really been exposed to Bitcoin yet. This is wild west territory as far as pricing, and anything is possible, though not as wild as it used to be, and it does seem the price has settled into a nice exponential growth curve for now.
legendary
Activity: 1022
Merit: 1000
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