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Topic: Why is everyone expecting continuous growth? - page 2. (Read 1747 times)

Reatim

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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.

When you are investing money mate of course people we will expect growth continuously though for us not to be fail often then we need to learn that there are always up and down in everything in this world and that is reality in life.

when i was new here of course all i am seeking is when,where to profit but today

ViralNation

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Re: Why is everyone expecting continuous growth?

April 26, 2020, 11:05:20 PM

#213

Honestly, my best investment of 2020 so far has been Creditcoin. I've been following this project ever since the news of the coinbase investment, and I can honestly say its been one of my highest retruning coins this year.

CristianOff

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Re: Why is everyone expecting continuous growth?

April 26, 2020, 12:48:50 PM

#212

Quote from: Spaffin on April 26, 2020, 07:26:36 AM
one way or another, but the cryptocurrency market is influenced by quite a lot of factors due to which it is impossible to predict for 100% the further development of events regarding the entire market and an individual cryptocurrency. In order to approve a further fall in the price of cryptocurrency, for this you need to have strong evidence or obvious prerequisites. Although each of us understands that with a sufficient result of a possible bull run, users will immediately orient and start selling in order to earn more money.

It's true what you said but try to use more your intuition and don't rely on so much data to make a decision unless you take a huge capital risk (above $10m).
No need to be a follower or a leader as long as you can be in between.

The 5 stages for decision in crypto I use after analyzing the market as a whole:

Denial: everyone rejects the idea (full leaders, big risks big gains)
Indifference: some people heard about it but don't pay attention.
Awareness: most people know about it but only some take action
Information: everyone knows, more people take action
Driven-stage: it is now clear for everyone what is happening (full followers, low risks low gains)

I would say we are in the indifference stage right now. After Halving and june/july period awareness will start between people and we will
fast move towards information stage. I aim to invest in the "awareness stage" because this is a guarantee for me.

There are other stages such as "misleading stage" which enforces indifference. There are others, I just can't talk about them.

This works for me but I'm an intuitive person. Not everyone is. I recommend to do myers briggs type indicator to understand what person you are.

Spaffin

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Re: Why is everyone expecting continuous growth?

April 26, 2020, 07:26:36 AM

#211

Quote from: CristianOff on April 25, 2020, 08:57:46 AM
Quote from: rodskee on April 25, 2020, 12:42:15 AM

but my question is why need to wait for june before buying again mate?meaning you are expecting another big dump soon?

Yes. I expect the biggest dump. You should write names on paper of which news platforms or personalities in blockchain industry
influenced you to think otherwise.

Keep in mind I don't have any "internal" information or anything. We may see a little pump, then a 60%-80% decline,
then a recovery on which I target a 25% return. I play safe with consistent returns because this is what works for me.
Other people have other strategies but may use lower capital so they are more risk averse.
one way or another, but the cryptocurrency market is influenced by quite a lot of factors due to which it is impossible to predict for 100% the further development of events regarding the entire market and an individual cryptocurrency. In order to approve a further fall in the price of cryptocurrency, for this you need to have strong evidence or obvious prerequisites. Although each of us understands that with a sufficient result of a possible bull run, users will immediately orient and start selling in order to earn more money.

CristianOff

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Re: Why is everyone expecting continuous growth?

April 25, 2020, 08:57:46 AM

#210

Quote from: rodskee on April 25, 2020, 12:42:15 AM

but my question is why need to wait for june before buying again mate?meaning you are expecting another big dump soon?

Yes. I expect the biggest dump. You should write names on paper of which news platforms or personalities in blockchain industry
influenced you to think otherwise.

Keep in mind I don't have any "internal" information or anything. We may see a little pump, then a 60%-80% decline,
then a recovery on which I target a 25% return. I play safe with consistent returns because this is what works for me.
Other people have other strategies but may use lower capital so they are more risk averse.

Dr.Osh

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Re: Why is everyone expecting continuous growth?

April 25, 2020, 05:33:42 AM

#209

Quote from: bitbunnny on April 21, 2020, 03:53:13 PM
I'm not expecting continuous growth because I'm aware how Bitcoin it's functioning. But I.guess some users are hopless optimists, especialy now in time of crisis and they just wait for that trigger that will push the price high.
Bitcoin is volatile, market is unpredictable and we have to be prepared on both scenarios, rise and fall. To my opinion currently there are no conditions on the market for continuous, steady growth and for a while the situation will remain as it is, price will continue to fluctuate but it will hardly cross 8000$ very soon.
maybe not in the near future, but little by little, the price of bitcoin is creeping up to reach the price of $ 8,000. I think so far many people have prepared bitcoin, ethereum, and other popular altcoins because they think that prices will rise. Well, some of those who doubt, I think they have survived some assets.

chip1994

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Re: Why is everyone expecting continuous growth?

April 25, 2020, 03:38:15 AM

#208

In fact, financial games are one of the very interesting games and it focuses a lot on the psychology of the players. Those who do not have their opinions and plans in this playground seem to be dismissed. I have seen many new traders follow the trading signals of some large groups. They are carefree and hold it indefinitely without thinking about the risks. after a strong sell-off from bitcoin costing $ 10k3 -> $ 3k7, thousands of traders lost everything. So we need to get our pump and dump ready for the market. There is a law that when prices fall too much, they will recover much, prices rise too quickly, and they will decrease rapidly. This is the rule of the financial market that everyone needs to know.

rodskee

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Re: Why is everyone expecting continuous growth?

April 25, 2020, 12:42:15 AM

#207

Quote from: CristianOff on April 24, 2020, 08:14:33 PM

DO NOT EXPECT CONTINUOUS GROWTH. I sold everything and I'm rebuying again in June/July

Why people here need to expect that continuous growth when the truth is in this
market there is no such thing as Growing forever.
we are in volatile market and prices will change randomly and without our
expectation and from there value will be in
changing from time to time unless we are into Stable coins.
but my question is why need to wait for june before buying again mate?meaning you are expecting another big dump soon?

CristianOff

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Re: Why is everyone expecting continuous growth?

April 24, 2020, 08:14:33 PM

#206

Quote from: ?? on ??
I think Bitcoin 's halving will raise its value. If the BTC starts to grow, the entire market will be green. Let's wait. There was less than a month.

I don't want to destroy your dreams and I know we are on a cryptocurrency forum where again, everyone is expecting continuous growth.

WHY DID LITECOIN (A BITCOIN FORK) NEVER RETURNED TO ITS PRICE AFTER HALVING IN AUGUST??
Remember that litecoin also has miners which are not necessary profitable. Why would Bitcoin miners deserve
a better outcome and treatment?

DO NOT EXPECT CONTINUOUS GROWTH. I sold everything and I'm rebuying again in June/July

Psynthax

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Re: Why is everyone expecting continuous growth?

April 23, 2020, 10:28:10 AM

#205

Quote from: FireBallex on April 22, 2020, 03:21:31 AM
Those who always expect crypto price to climb up always are those who don't really understand the technology, crypto is volatile and it will always fluctuate, this is normal, there will always be up and down not matter how good the coin is
You definitely are wrong, volatility and fluctuation is by any means not crypto's feature and it's purely because of the market. although it's true that there'll be some up and down for most of the coins but imagine if our market is as big as gold, manipulation will be quite hard therefore the market will become more stable.

FireBallex

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Re: Why is everyone expecting continuous growth?

April 22, 2020, 03:21:31 AM

#204

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

Those who always expect crypto price to climb up always are those who don't really understand the technology, crypto is volatile and it will always fluctuate, this is normal, there will always be up and down not matter how good the coin is

XCANA

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Re: Why is everyone expecting continuous growth?

April 21, 2020, 04:14:39 PM

#203

Seriously speaking no real bitcoiner will say, it's not expected of Bitcoin to do the ups and downs as many things depends on this method to strive in the world, Even the stock market and real world market, there must be a up and down in the price. We're not saying that, Bitcoin shouldn't experience the ups and downs but should always sometimes maintain some linear momentums. Though this fluctuations doesn't mean that, the market is not open for profit taking, those who actually understand the ways the market move can take profit anytime.

bitbunnny

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Re: Why is everyone expecting continuous growth?

April 21, 2020, 03:53:13 PM

#202

I'm not expecting continuous growth because I'm aware how Bitcoin it's functioning. But I.guess some users are hopless optimists, especialy now in time of crisis and they just wait for that trigger that will push the price high.
Bitcoin is volatile, market is unpredictable and we have to be prepared on both scenarios, rise and fall. To my opinion currently there are no conditions on the market for continuous, steady growth and for a while the situation will remain as it is, price will continue to fluctuate but it will hardly cross 8000$ very soon.

suzanne5223

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Re: Why is everyone expecting continuous growth?

April 21, 2020, 03:39:13 PM

#201

Quote from: Botnake on April 20, 2020, 09:02:16 AM
Quote from: cryptothreads on April 20, 2020, 08:58:34 AM
I don't know when the market can return to the period of the highest price increase but certainly investors will continue to stay in the bear market for a few more years.
Same here, don't know when but certainly it will happen.
It will certainly when the pandemic vaccine is find while the bitcoin halving effect take over the market.

Quote from: Botnake on April 20, 2020, 09:02:16 AM
The market will grow but it might take time so we should be willing to hold, investing in crypto does not tell us do it for easy money, instead it tells us to trust the market and must be willing to hold so when the right time will come, you'll enjoy the price.
How can someone who's yet to understand the volatility in nature of the market will trust the market? I think whats needed now is people to understand the historical data of bitcoin market during blood bath and bullrun.

Quote from: Botnake on April 20, 2020, 09:02:16 AM
Bear market and bull market are just cycle in the market, in every cycle, we should know what to do and how to approach it, even if we are for long term hold.
I agree with you on this.

NavI_027

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Re: Why is everyone expecting continuous growth?

April 20, 2020, 11:16:27 AM

#200

Quote from: Botnake on April 20, 2020, 09:02:16 AM
Same here, don't know when but certainly it will happen.
The market will grow but it might take time so we should be willing to hold, investing in crypto does not tell us do it for easy money, instead it tells us to trust the market and must be willing to hold so when the right time will come, you'll enjoy the price.
Well, that's really the best we can do as small time investor — patiently wait until the right time comes. For some of us here might it sounds boring and got a slow progress, and actually they are right lol. That's the hard fact! However they can't blame us because I'm sure that all of us here also dream of becoming a daytrader and maximize the profits, right? But sometimes our ideals do not always match on the reality. All of us got their own reasons of remaining a small hodler and for me all reasons are understandable .

Botnake

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Re: Why is everyone expecting continuous growth?

April 20, 2020, 09:02:16 AM

#199

Quote from: cryptothreads on April 20, 2020, 08:58:34 AM
I don't know when the market can return to the period of the highest price increase but certainly investors will continue to stay in the bear market for a few more years.
Same here, don't know when but certainly it will happen.
The market will grow but it might take time so we should be willing to hold, investing in crypto does not tell us do it for easy money, instead it tells us to trust the market and must be willing to hold so when the right time will come, you'll enjoy the price.

Bear market and bull market are just cycle in the market, in every cycle, we should know what to do and how to approach it, even if we are for long term hold.

cryptothreads

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Re: Why is everyone expecting continuous growth?

April 20, 2020, 08:58:34 AM

#198

Quote from: pankaj1234 on April 17, 2020, 02:48:24 AM
People who came in crypto market in 2018 might be in losses,and people who is from early in this market has seen so much growth in their trading years that why people are expecting continues growth.but I this increasing Cryptocurrencies might not get a growth like earlier years but some projects might do well .you have to be very selective in crypto field to get any type of profit. Loosing money in crypto is now easier than you think.
In the past and up to the present, I lose money and the time to earn profits is often very short so it's best not to decide quickly. Crypto market grew the most steadily in 2017 and early 2018 but after that period of time, the downtrend dominated the market.

I don't know when the market can return to the period of the highest price increase but certainly investors will continue to stay in the bear market for a few more years.

bearexin

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Re: Why is everyone expecting continuous growth?

April 18, 2020, 11:43:23 AM

#197

Bitcoin could have that kind of adoption if it was used the way satoshi imagined it should have been used but unfortunately in the past 4-5 years that changed radically, the first years up until 2013 were the times people actually used bitcoin, they literally bought pizzas with bitcoin (10k bitcoin for a pizza must hurt now lol) and it was like that, after 2016 or so it started to become more of an investment and less of money itself, if you are an american you do not "invest into dollars", it is money that you use to invest into stuff, bitcoin should have been like that as well but for some reason it failed and became like gold instead.

Ever since that moment I would say adoption failed as well, if it didn't turned this way, we could had better adoption rate so we could use it on more places as well.

RealMalatesta

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Re: Why is everyone expecting continuous growth?

April 17, 2020, 04:55:14 AM

#196

Quote from: darewaller on April 16, 2020, 08:49:01 AM
Quote from: ?? on ??
Quote from: maxig.boroday on April 06, 2020, 10:55:47 AM
Just like internet or technology, it didnt have a fast adoption so cryptocurrency or blockchain wills urely continue to grow

Doubtful reason.
The fact that the cryptocurrency does not have the ability to quickly adapt (or we have not yet found such opportunities) is rather a constraining factor for growth, which means that it somehow indirectly affects the fall.
Internet wasn't really an option for adoption, we are talking about something so clearly better than all the other alternatives that it was a no brainer that whole world adopted it, we are talking about the biggest invention of the century if you ask me, even computers wouldn't really be this much of a big deal if there was no internet in them, having an offline computer is cool and all but nowhere remotely enough to be as important of our lives as today.

However the world can continue without bitcoin, that is the biggest difference.
There is a big difference between having something like computer and internet that literally changes the whole world and basically doesn't hurt anyone at all and simply just a million times better version of the old one means that internet and computers got super adopted like in a few years and in few decades it was the standard and not something that was rare.

However bitcoin both hurts some corporations (which is good for us but still bad for them) and it is also not improved version ALL that much, it still has problems, hell we are not used everywhere in the world, we are only traded and so forth right now yet we still get to be stuck at transactions sometimes, literally blocks get clogged and transactions takes hours because suddenly there is an increase, this happens when we are at this stage, think about if bitcoin was so much more common in the world right now. There are ton of other stuff that is lacking as well, so even though we love bitcoin lets be honest it is not internet.

pankaj1234

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Re: Why is everyone expecting continuous growth?

April 17, 2020, 02:48:24 AM

#195

People who came in crypto market in 2018 might be in losses,and people who is from early in this market has seen so much growth in their trading years that why people are expecting continues growth.but I this increasing Cryptocurrencies might not get a growth like earlier years but some projects might do well .you have to be very selective in crypto field to get any type of profit. Loosing money in crypto is now easier than you think.