Why is everyone expecting continuous growth? - page 10.

TheGreatPython

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Quote from: rexxarofmoknathal on March 14, 2020, 11:26:12 AM

We all were and dare say, we still are expecting continuous growth because otherwise we assume that our investments until now have been in vain and thus puts us all in a very difficult situation, so to avoid this we hope for the best.

Yes and each investment made in any crypto and in general too is because we are expecting the value to go up despite knowing subconsciously that the price will indeed go down at some point, it is very similar to gambling where when we are winning we still keep on betting because we think that we will win again no matter the past outcomes.

I am also one of the traders and even I always think positive but when I sense that the price may go down then I actually make smaller investments while when a dump happened like recently then I go big because I certainly believe the price will not go down at least by too much if even it does not rise.

rodskee

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Quote from: CristianOff on March 09, 2020, 05:01:40 PM

I don't know if it's only my perception but I constantly notice people who expect continuous growth. Whether it is bitcoin, crypto,
stock, they only see one side of things and never the opposite.

Yes, things go up but they can go down, and going down does not mean the stock/crypto is dying. It means it is alive!
So please stop all these recession & bitcoin going down topics and be wise

It is instinct mate,or i mean reserving themselves with positive views and we cannot blame them since it is more better to be positive than negative and besides how cane expect a investors who will think he’ll lose?unethical right?so let us just stay this way but must be ready also to fail sometimes so if this is our out views then we can be positive in some ways but ready for negative outcome as well.

maydna

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Quote from: South Park on March 15, 2020, 02:05:14 PM

Quote from: maydna on March 11, 2020, 11:33:34 PM

~snip~

That is another aspect of it, many want the price to increase not only because they are greedy, many want to recover the money they lost during the bull market of 2017 and the drop that came later, however the markets have refused to go that high again and it is easy to understand why, the 20k barrier will need a huge amount of money to be broken as many of the people that bought at that price will sell thinking a crash is coming again and this will have the effect of making the price going down unless there is a huge level of interest coming from institutional investors and I do not see that happening until 2021 at the soonest.

I think now people still suffer, especially for people who still hold their bitcoin from that year. They cannot moves because all of their money is in bitcoin. But if they can cut loss some of bitcoin that they had, I think they can start to try to cover the loss although that will be too hard to do since bitcoin price now is down too deep. But I am sure that we will see bitcoin price start to increase to the higher rate again, so we need to prepare that time by buying more bitcoin or trying to sell and buy back Bitcoin at a lower price. We need to be careful in these situations because bitcoin still at the downtrend, so we need to analyze everything before we buy more bitcoin.

bearexin

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Quote from: metenjean on March 14, 2020, 09:40:40 PM

How come you can ask like this when many people hold their coin with higher price and now many altcoin going down, they will hope and expecting with their assets back normal and get their money, with bitcoin and altcoin back to lower price they need time for growing bitcoin to higher.

Those people might be regretting for purchasing various coins at the peak. Minority of those people might think that those coins would bounce back again and they should hold for the time to occur. Majority of those might even sell at loss just to get their hands on some other coins which they might think may hit the peak soon.

But at the end, their calculations would go wrong and they would even face loss in those coins by not keeping patience. Patience is the key to success. You should always wait for the coins to revert back before you could sell them in loss. Most of the people feel uncomfortable once they see the price running in the opposite direction and this makes them land up in loss. You should try to control your emotions in trading.

PlanetZebes

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It's hard often time for people to consider the negatives. That's human nature, and I'm human so I can relate heavily. You become part of a project, you're so excited about it that you don't consider the negatives.

Finestream

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I was expecting a growth but I do believe there is no such thing as continuous growth especially in crypto where the market is volatile.
That's why it's very important that we should be aware of the crypto trends so we can make a decision on a timely manner, timing is what matters in crypto.

goaldigger

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Quote from: ScamViruS on March 15, 2020, 03:39:50 PM

Because everyone wants their assets to grow fast. But they do not want to think about reality. People are very greedy, which is why many people have purchased altcoin when price was top. Now they are in huge loss. So now they want the market to recover, they will get their money back. They are in such a situation now that they become frustrated when the market is dumped.

Maybe they introduce in the market in a wrong way, they think cryptocurrency is for an easy money which is not. We can’t see the market continues growing, we should expect some down trend, a bear market and a recession. They can’t get their money back as easy as they think, they should know how to wait for the market reversal and they should also know how to read the market.

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Quote from: metenjean on March 14, 2020, 09:40:40 PM

How come you can ask like this when many people hold their coin with higher price and now many altcoin going down, they will hope and expecting with their assets back normal and get their money, with bitcoin and altcoin back to lower price they need time for growing bitcoin to higher.

Let me ask you one question. What specific price would you consider as normal? Because it seems like you misunderstood the OP's post.
Imho, normal price comes with ups and downs, like what the OP stated in his post. You see the lines in the vital signs machine from the hospital? That's how a healthy market moves. You can't expect the price to be always on the rise without corrections, because people would normally sell on a certain time.

milewilda

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Quote from: goaldigger on March 15, 2020, 05:59:04 PM

Quote from: ScamViruS on March 15, 2020, 03:39:50 PM

Because everyone wants their assets to grow fast. But they do not want to think about reality. People are very greedy, which is why many people have purchased altcoin when price was top. Now they are in huge loss. So now they want the market to recover, they will get their money back. They are in such a situation now that they become frustrated when the market is dumped.

Maybe they introduce in the market in a wrong way, they think cryptocurrency is for an easy money which is not. We can’t see the market continues growing, we should expect some down trend, a bear market and a recession. They can’t get their money back as easy as they think, they should know how to wait for the market reversal and they should also know how to read the market.

Agree on this one where most people do have this kind of beliefs might had able to hear up to wrong people who do introduce it to them or the time when they do able to read up something online
when it comes on earning money where they do expect that the market do continue to grow and make easy bucks without even thinking that it doesnt work that way.Theres no such thing about
easy money no matter what market you are engaging into.Soon they would realize that their expectations isnt really happening on reality.

When a market does have that kind of price behavior then its pure manipulation but well this thing doesnt exist on the first place.

ScamViruS

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Because everyone wants their assets to grow fast. But they do not want to think about reality. People are very greedy, which is why many people have purchased altcoin when price was top. Now they are in huge loss. So now they want the market to recover, they will get their money back. They are in such a situation now that they become frustrated when the market is dumped.

South Park

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Quote from: maydna on March 11, 2020, 11:33:34 PM

Yes, many people already suffer from having a big loss, and they still waiting for bitcoin prices to grow. They hope that in this year or next year will give them a big profit so they can recover the losses that they already got before. That is why people are expecting the continuous growth of bitcoin price, and I think people can wait for more and I think they still buying more bitcoin when the price is down like today. Yes, we want to see a bitcoin price increase and back to the higher price for up to $20k.

That is another aspect of it, many want the price to increase not only because they are greedy, many want to recover the money they lost during the bull market of 2017 and the drop that came later, however the markets have refused to go that high again and it is easy to understand why, the 20k barrier will need a huge amount of money to be broken as many of the people that bought at that price will sell thinking a crash is coming again and this will have the effect of making the price going down unless there is a huge level of interest coming from institutional investors and I do not see that happening until 2021 at the soonest.

TheGreatPython

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I think this is the human nature. Usually humans are a greedy animal who always think for their own profits. This might even make us think for the profits only and most of the times, we might avoid looking at the looses. We should never forget that each coin has two sides and the coin may flip anytime.

I personally am prepared to face any loss without actually hurting my emotional feelings. I also do wait for the profits to knock my door but mostly I never keep my door open for the profits to enter my house anytime. I know how the markets works and this helps me in controlling my greed. I think majority of people should think the similar.

metenjean

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How come you can ask like this when many people hold their coin with higher price and now many altcoin going down, they will hope and expecting with their assets back normal and get their money, with bitcoin and altcoin back to lower price they need time for growing bitcoin to higher.

htsy585

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Quote from: CristianOff on March 09, 2020, 05:01:40 PM

I don't know if it's only my perception but I constantly notice people who expect continuous growth. Whether it is bitcoin, crypto,
stock, they only see one side of things and never the opposite.

Yes, things go up but they can go down, and going down does not mean the stock/crypto is dying. It means it is alive!
So please stop all these recession & bitcoin going down topics and be wise

Any market which is control by the force of demand and supply is subjective to increase and decrease of assets prices, and it is applicable to the cryptocurrency market. This is definitely not the firts time the cryptocurrency market is experiencing price fall and this won't be the last but I'm very optimistic that the market is somehow experiencing a correction and very soon, we gonna see price increase in crypt assets

pixie85

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The ups and downs come from the way human mind works. Sometimes you are euphoric and other times you want to kill yourself. If a lot of people have a similar mindset they can move the market up or down.

Have you ever felt like you can do anything. You want to start a new project or relationship and feel like you're starting your life all over again. This feeling is going to inevitably come to the market once again, so stay calm and keep holding!

thisnewcoin

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Because it's sweet! Everyone loves the growth of their investment, so, when they see a good uptrend in the crypto market, they start making more big plan without thinking about down! And when the dump happens, they start feeling panic! But we shouldn't forget that everything has ups and downs, so, you can't expect only growth,!

rexxarofmoknathal

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We all were and dare say, we still are expecting continuous growth because otherwise we assume that our investments until now have been in vain and thus puts us all in a very difficult situation, so to avoid this we hope for the best.

In fact, there are other non-opinion based reasons, one of them is to do with the fact that the market dip we saw a few days ago was crazy with nothing like it being seen before so the chances are that we should see recovery. Another reason is the soon to be BTC halving event. In my opinion at least this is why I think most of us (I hope) remain optimistic.

Akiko

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Quote from: Blackdeath on March 11, 2020, 01:33:22 PM

In my own personal opinion, the reason why a lot of people are expecting the continuous growth of cryptocurrency and bitcoin because they are excited to experience and waiting too long for bitcoin's price to increase it's price back up to $20,000 again, that is why most crypto uaers didn't expect that bitcoin will go down again under $8,000.

The reasons's is the old graph that happen to bitcoin. They believe that what happen from before will also happen to now and expecting that the price will always increase which in reality is hard to happen. Many investor's want it to happen but as the market said we need sometimes for the market to recover and its not easy to do we need more people to invest in crypto and addopt the use of crypto currency. Since the beginning the price of crypto is volatile and it will never change the market may increase and decrease hard and thats normal thing.

shoreno

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why ? because people always have that perception when it comes to crypto talks . when they heard the word crypto the first thing that comes to thier mind is price growth and profit but reality is cryptos cannot just grow all the time but sometimes it need alot of time too to see another new growth.
now that prices are dump too much for quite a long time , people are now again hoping for an increase . even me , i also badly need the price to go up because nowadays i also need more money badly because basic needs are now expensive

sheenshane

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Of course, once we say we are investing in crypto or even in stocks it should have profit always because that is what we wanted since from the start to gain something profit from what we invested. It's normal for everyone waiting for continues growth just because of hoping to gain profit or cut profit as long as there is.

Technically speaking, the high expectation is normal from traders. Because that is the same from a businessman who seeks always a profit. But understand first the risk especially in crypto because it is very volatile, consequences must be understood to everyone.

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