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Topic: Why is everyone expecting continuous growth? - page 11. (Read 1800 times)

hero member
Activity: 1722
Merit: 528
A lot of people think it is that easy.

They might read or heard a lot of people talking about hos big their profits are but they do not know how hard they've struggled in investing in cryptocurrency. It is true that you can easily earn a good profit in investing in cryptocurrencies but the problem here is that you could quickly lost that also because of the volatility of it.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
I think that "back up to $20k" is something in vain. I mean we do not need to go to $20k to be good. Lets say tomorrow morning you wake up and see bitcoin price at 9400 would you be happy? Of course you would be, you wake up next day and it is $11k, you would be happy right?

Basically, it could be smaller and still keep you happy. As long as price goes up but stays there, we would be happy, as long as it doesn't go down too much. It could still even go down, but just not too much, for example we were about to break above 11k recently and moved to under $5.5k nowadays, what does that tell you? All that 2 months of increase gone to waste in just 12 days of march, THAT is what we do not want to see. Go down to 9k and we would be fine, but going anything under was just too much.
member
Activity: 868
Merit: 16
The user should be aware that crypto is like stuff price, there will be increase if the demand to stuff increase and the supply is down the we can see the price will be up and it otherwise when we see the price down. It is the same thing with crypto prices, you will not see the price will constantly up although we see a good news coming. We have a trader and we have investor, they have a different strategy each other, although the price increasing ut doesn't mean there is no user who will sell it. They will always user who will sell because they have got a profit and buy back again when the price down and this thing will always be happened. I try to guessed that if there is someone like what you say I think he hasn't known the investment work.
sr. member
Activity: 1540
Merit: 255
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.

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.

In the crypto market, in order to increase the prices continuously, market needs continuous investment, of course, the current situation is unpredictable because we never expected that Carona Virus will affect the market and it is happening and this makes the market is completely bleeding. You are right, but it is impossible to see continuous growth in the market.
hero member
Activity: 2912
Merit: 556
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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.

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.
full member
Activity: 1736
Merit: 121

But in reality, lets say if bitcoin's price was just ever growing without any correction. I personally would think it's a bubble that would burst at one time

You are correct. This is because you have understood the principle if falling and rising even in every sphere of life.
The point here is, those people who are not business minded people, they don't see bitcoin as what should drop a little, they always expect continuous rise. They want to get rich quick but bitcoin has its up and down. But at the end, it will eventually profit by rising.
member
Activity: 616
Merit: 11
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because every man has a dream of rising and living a comfortable and prosperous life for example after you invest a lot of money then after a while the currency goes down it would be a great dread for you, so if your expectations are high and you are in a position to be sure you understand the exact reason as a recent month we are all at risk due to coronavirus the unexpected breakdown is booming which is affected to all economics growth.
sr. member
Activity: 910
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
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.
member
Activity: 421
Merit: 97
I now divide investors in two categories:

Bedroom investors: low capital, childish approach, very emotional, if they invest in a new crypto they expect it to 1000x their investment. $1,000 investment returns $1,000,000
Does not do anything else other than investing those $1,000. If crypto goes down 10%, they sell at loss. Their investment may as well go down 100%.

Life examples: your neighbour with $1k in savings.


Real investors: high capital, mature approach, if they invest in a new crypto they want it to 1000x their investment. $1,000,000 = $1 billion.
Takes any measures & talks with any connections to create value for their investment and make that 1000x realize at least 10% (100x). If crypto goes down
10%, they won't sell. Their investment may rarely or never go down 100%.

Life examples: Changeng Zhao (CZ), owner of Binance who sold his house to all-in on Bitcoin, Bitcoin went down 50% then it recovered and made him a decent
fortune. Created Binance to help Bitcoin.


Moral of the story: everyone desires quick money. Few want them enough to do something.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
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

snip
There are many reasons for this, the most obvious is that people are greedy, they want to make money and while that is an understandable desire at the same time they are expecting nothing but positive results out of their investments, another factor is that people do not really know anything about investing and they have the false belief the market is always going to go up even if it is obvious after looking to a few charts that such a thing is impossible.
hero member
Activity: 1302
Merit: 503
They want to gain from their investment thats why. Some investors are expecting the market will continuously grow specially now that halving is just months away because at the beginning of this year it seems there's a chance of bull run due to the growth that most coins have shown.

Volatility is the nature of crypto thats how it works. So refrain yourself from thinking negative thoughts when the market is in bearish situation because it cant help you to be firm with your plan on when to take profit.
- Usually, the expectation of continuous growth starts from new investors or investors who are too greedy, may even lose too much and have yet to find an opportunity to return, they want a perfect market and go up forever to be able to recover and bring more profits to them but the market is like you said, going up and down then going sideways, not a rule, these fluctuations are repeated every day. Only experienced investors who understand the nature of this volatility know that this cycle is a regeneration and revival, the opportunity to profit is here but many random people don't realize
hero member
Activity: 2744
Merit: 541
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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

i think it is more on the Eagerness to profit so they always looking for growth but can't accept the fall this means most of people who enters those profiteering don't know what market is all about.

they are only here to gain but never to lose things that impossible to happen,and same matter that they don't get what they want because of lacking from knowledge and learning.
let us separate those kind of person from true investors or 'Wannabe Investors"
hero member
Activity: 3010
Merit: 629
They want to gain from their investment thats why. Some investors are expecting the market will continuously grow specially now that halving is just months away because at the beginning of this year it seems there's a chance of bull run due to the growth that most coins have shown.

Volatility is the nature of crypto thats how it works. So refrain yourself from thinking negative thoughts when the market is in bearish situation because it cant help you to be firm with your plan on when to take profit.
full member
Activity: 198
Merit: 102
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


Thank you for raising this important point as far as investment in crypto, stocks or even forex is concerned. Some investors or day traders forget the fact that the volatility involved in these markets makes it worthwhile for investors to take profit at a particular point. The ups and downs makes it a market and also makes the market attractive to new investors. I will conclude by saying whenever there is a deep in the market, its an indication that profit has been taken by those that entered low and this opens up an opportunity for others to get a good entry point into the market.
full member
Activity: 742
Merit: 160
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


Well that is how beginners think about cryptocurrency, they only see inflation in cryptocurrency, they don't see that bitcoin can goes down too. Understanding the basic of cryptocurrency is really important for you to know when you will going to earn more and when you will going to earn less. You can check in the market, coinbase, e-wallets, binance, etc the moving price of the bitcoin, it changes time by time, that is why it is really good in investing and trading. We can earn so much in money in cryptocurrency because of its volatility.

Because they want to be reach in short time.they think that they bought bitcoin or others altcoin it will be rise not going to down.who always think that they always frustrated with market.Also these kind of peoples got panic when market down and sell there coins.I think they can't win in long run.
Indeed, well, let's not be hypocrite, we all want to be rich so we want also the bitcoin to goes higher, but that is not the thing, we can be rich if we have more knowledge about cryptocurrency, Knowledge is the most important thing of all.
sr. member
Activity: 896
Merit: 267
★Bitvest.io★ Play Plinko or Invest!
Because everyone is greedy and selfish that is why they want to make profits and they only want to make profits.

But the current decrease on the every market is due to corona outbreak so everyone is afraid of what will happen in the future and total world economy might get into recession so they are looking for safe heaven to store their value of assets.

You are right, without market fluctuation, it is impossible for coins to recover prices, of course, whatever factors we are seeing the market is affecting. People who are expecting continued growth will always lose their money by wrong predictions about the conditions. So we need to be very careful with the market.

Indeed, people who always want to see price increase everyday will more likely to be a weak crypto enthuasist for they will never knew the right way to analyze the market because of their wrong optimistic perspective. But in the other side it is understandable for it is our nature, to always expect for the good things to happen but a matured person will be happy whether the price dumps or pumps for they will know whether to buy or sell cryptos.
sr. member
Activity: 1540
Merit: 255
Because everyone is greedy and selfish that is why they want to make profits and they only want to make profits.

But the current decrease on the every market is due to corona outbreak so everyone is afraid of what will happen in the future and total world economy might get into recession so they are looking for safe heaven to store their value of assets.

You are right, without market fluctuation, it is impossible for coins to recover prices, of course, whatever factors we are seeing the market is affecting. People who are expecting continued growth will always lose their money by wrong predictions about the conditions. So we need to be very careful with the market.
legendary
Activity: 3052
Merit: 1273
I believe that it's injected in our blood from our birth to just think it that way, we are brought up that way that expecting constant growth in our life and doing anything we can do to have that constant growth is all we are taught during our childhood and teen life. But the fact is not understandable by people until they experience it in the way an already experienced person determines it, or even better. So leave it up to them because most of those popping up with those "crypto is dead, BTC is dead" kinda threads are all either sockpuppets or alts of some bear-minded trolls who actually wish to hold our focus on their shitty comments while they take full advantage of this opportunity and buy more "obviously with the expectation of potential growth".
sr. member
Activity: 1313
Merit: 278
Adequate people with some experience in the cryptocurrency market will never expect continued growth after growth.
As we can see, another recession happened, but the themes in which most people prophesy endless growth are still alive.
Remember them, they will return with similar statements already at the next growth.
legendary
Activity: 2884
Merit: 1117
There has never been anything in the entire financial world ever since humanity started that had a continuous growth of price without ever having some downs as well. In the long run anything could be going up (or maybe bankrupt) but even if something goes 1000000% higher in 10 years, it still has to have some fall down days as well.

Finance is something that basically constantly goes up and down and you are only trying to predict when you can buy so it would be at bottom and when you can sell so it would be at peak and continue to make profits that way however if you miss the bottom or the peak you can always try to wait it out and trade on the next bottom or peak. Patience is very important and in the long run bitcoin is very profitable even if it has some down days.
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