Why is everyone expecting continuous growth? - page 6.

Bitcoin_Arena

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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.

People who have such a kind of thinking are newbies when it comes to trading. No experienced trader can think about a continous growth in value of an asset or cryptocurrency without the price dropping back at certain times. For a health growth in value of an asset, after every rise in price, there is always a correction.

"More like, what goes up must come down"

Alvi69

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This is a human nature every body want to see that his coins will go up and up even no limit of this expectation, We all have greed inside us but the question is how much,

In my opinion the people who contrle their greed and emotions are the champion the rest of all are cause to let them be champion.

bitbunnny

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It's not realistic to expect continuous growth. Bitcoin is volatile by nature and price ups and downs are part if the cycle.
Some think that halving will raise the price up, some believe that corona virus crisis will also affect Bitcoin price in positive way. The fact is that this is hard to predict and you definetely can't count on that as a fact.

South Park

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Quote from: coinfinger on March 26, 2020, 05:30:41 AM

To be sincere lots of people don’t even know what they are doing here, and they don’t understand how Bitcoin and other cryptocurrencies works. Due to they don’t understand cryptocurrency they see it as a means for quick income while it doesn’t work that way.

Anyone that sees cryptocurrency as a quick means will always be expecting the price to go up and when it doesn’t, they will be worried about it. I blame some of us for this kind of situation, there are some enthusiasts here that don’t explain properly to people and tend to mislead them with their wrong information by saying that cryptocurrency (Bitcoin) will make them rich.

To be honest when I read the posts of the older members of the forum you can see they understand very well the nature of bitcoin and they give the right advice to the newbies most of the time, but newbies come to this market with a distorted view of what they can achieve because for the most part they do not know what they are doing, if you take a look around the forum it is not rare to find topics of newbies asking how they can double their money in just a few weeks and while that is not impossible it is not something that you can do consistently at all.

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Quote from: Jateng on March 29, 2020, 08:55:22 AM

Quote from: Negotiation on March 28, 2020, 03:04:57 AM

I agree with you that most people expect consistent growth so that problems can be solved easily At present the condition of the market is much worse The loss is greater than the profit. For this reason one expects constant profit to be satisfied Later if the market conditions are good then many will earn profits.

In the long term, Bitcoin will go up but it will not directly uptrend thoughout the process. It will continue like it used to and that how market go. All good things will be difficult in the process and process that make bitcoin stronger throughout the end. We shouldn't that it will be a long term of bearish. Keep it mind that all market are also affected by what is happening around the world. So its not go directly upstraight, we should just enjoy the up and down of the price.

The market price If the bitcoin rapidly fall down and most of the people pulling out their funds and investments and that is quite good because it really affects hard to the market price of the bitcoin and this time it falls immediately, but if you take a look at the market price of the bitcoin you can see that the price is higher than the market price last year also it is a good prediction that the price of the bitcoin will increase soon but it takes time to make changes on the profit and earnings because still now the market is continuously on the stable state and we are waiting on it again.

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Quote from: Negotiation on March 28, 2020, 03:04:57 AM

I agree with you that most people expect consistent growth so that problems can be solved easily At present the condition of the market is much worse The loss is greater than the profit. For this reason one expects constant profit to be satisfied Later if the market conditions are good then many will earn profits.

In the long term, Bitcoin will go up but it will not directly uptrend thoughout the process. It will continue like it used to and that how market go. All good things will be difficult in the process and process that make bitcoin stronger throughout the end. We shouldn't that it will be a long term of bearish. Keep it mind that all market are also affected by what is happening around the world. So its not go directly upstraight, we should just enjoy the up and down of the price.

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Quote from: Question123 on March 28, 2020, 05:34:23 AM

Many people of continous growth of the bitcoin and the altcoins because they have it so they need to believe on that . Because they will earn more profit once it really happen I believe sometimes in continue growing of the coins but I know they have times like right now we experiencing dumping of the coins.

I believe also this dumping is not longer because anytime soon it will rise again and those people who have a lot of coins that they hold will get a good profit from the coin they bought and hold.

If you will see bitcoin is actually having a continuous growth, (if you will look at it at long term basis).

How can I say that bitcoin is having continuous growth?

Supply and Demand: Bitcoin have a limited supply so basically, as time passes by, the demand for bitcoin will go up and as long as there's a continuous demand there will be a continuous growth
Historical Data: It's proven that bitcoin is having a continuous growth when you are going to based on charts. Yes! there's up and down but you can still see the upward trend

tam31

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Those expecting continous growth might not be ready to face the concequences. There might be times when the price would also rally in the opposite direction without us being known. We should get ourselves prepared to face any such challenges.

Question123

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Many people of continous growth of the bitcoin and the altcoins because they have it so they need to believe on that . Because they will earn more profit once it really happen I believe sometimes in continue growing of the coins but I know they have times like right now we experiencing dumping of the coins.

I believe also this dumping is not longer because anytime soon it will rise again and those people who have a lot of coins that they hold will get a good profit from the coin they bought and hold.

Negotiation

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I agree with you that most people expect consistent growth so that problems can be solved easily At present the condition of the market is much worse The loss is greater than the profit. For this reason one expects constant profit to be satisfied Later if the market conditions are good then many will earn profits.

jems

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Profit, maybe that's enough to answer your topic title. We know that people always want profit and loss because of hatred, and therefore when the market starts to decline there will be a lot of panic.

Sled

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Hard to change it when you are thinking of its positivity over the bad side of it. This is already in the mindset of everyone who believes in Bitcoin and even they suffer losses, they're still strong and keeping it. And I believe it so and so many times that we've been down so hard, the markets still recover because the support is still there and incredibly giving hope for everyone.

Best Dreams

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Quote from: TitanGEL on March 24, 2020, 08:20:37 AM

Quote from: bitgolden on March 24, 2020, 03:38:17 AM

Quote from: palle11 on March 23, 2020, 10:34:13 AM

Quote from: whyrqa on March 21, 2020, 11:06:34 AM

In my opinion, the only opportunity for a positive growth in the cryptocurrency market today is halving 2020. Of course, questions will arise, Why exactly this event should so strongly affect the cryptocurrency market. I view this event through the prism of previous halving, when bitcoin prices began to rise too actively. And if Bitcoin prices go up, then the entire cryptocurrency market reacts positively to this.

But halving isn't the only opportunity for bitcoin growth. For making an example, in 2017 when bitcoin got an ATH, there was no halving but increase in awareness and demand that made that happen. The different now is that people are expecting halving for growth.

Seriously we could even expect a drop from bitcoin, that is not a wrong thing to expect, you can be bearish on bitcoin time to time, if it is often or all the time that is really bad because always want people to want bitcoin to be bullish, however if you are rarely a bear that is fine as well. Bitcoin was $20k at one point right? Being bearish during that time wasn't a bad idea and I would totally understand because it was grossly overvalued at that time, it is only natural that it would drop.

However right now that is not that day, right now is the day that we go back up, right now is the time we can actually make a jump higher. So, you can tell everyone that you do not expect a continuous growth all the time, but you should expect it on days like these at least.

Their high expectations can results to their frustration, they keep expecting that the price will straight to go up without considering the major resistance that the bitcoin can face. They think that the bull market will happen forever and that is why they keep holding their bitcoin, I'm not a speculator and I focusing my decisions base on what happening in the price. Before the price go down, I manage to sell my bitcoins because charts doesn't lie.

Yeah, people have been waiting for this bull for long and even now they are hoping to see that good time again. I hope bull will come very soon as we know the market is now gradually coming to the good situation once again people who invest they have some dreams and some hopes about their investment I am also expecting bull this year but let's see what happens.

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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

https://eastblue.files.wordpress.com/2014/03/if-there-are-no-ups-and-downs-in-your-life.jpg

Well, I am currently looking into this not so new project which is Ilcoin and they've been in the industry for several years. What I love is their focus on decentralization, security and its huge huge 5gb block. Check it out at ilcoincrypto.com

SirLancelot

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It doesn't have to be people who do not understand crypto all that well, I get that many people got into bitcoin because they heard somewhere that their friends friends friend bought bitcoin back in the day and now quite rich, I literally had a friend I haven't seen over a year ask me if I got rich when I saw him on a shopping mall once because bitcoin was 20k at the time, well I wasn't because I didn't had money before that and what I got in helped me pay for some stuff but nowhere near "rich" levels neither.

So, all those people who do not quite grasp bitcoin did got out and I can understand that. However, people who do know bitcoin got out as well, this was a corona virus pandemic break, I can totally understand why people may want to stay in cash during this time.

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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.

I think the main reason is ignorance. They continuously keep ignoring every possibilities because they don't want to seek for it nor to happen but we all know that no one can prevent that to happen. We can't blame them because that could be their way in order to fight for their emotion which is dragging them down with regards to their criticial thinking when deciding wether to hold or to sell.

stomachgrowls

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Quote from: Findingnemo on March 26, 2020, 03:55:22 PM

Because people want the money that is why they are looking for profits from day one itself when they invest in something. But one who have enough experience on investment platforms have knowledge about how it works and they will utilize the top and bottom of the market.

Until those people realized their mistakes when theyre been heavily wrecked because of their wrong expectations towards it and thats how thing works where the longer you do stay to this market the more better things to be understand.Impressions on first place will surely change up when you do able to met up the reality.

Market doesnt work on what are those things in mind for those first timers yet we would surely face up a wave-like journey into this market and as a trader or investor, we should know
on how to utilize these movements to make money.

gentlemand

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I fully expect continuous growth in Bitcoin over a longer period of time. There will of course be peaks, troughs and panics along the way but it seems not enough people here have enough perspective of where Bitcoin is placed.

The amount of ignorance about it out there is still stunning after all these years. There are billions of people who haven't taken a few minutes to think through what it actually means. Education is a shit ton of growth right there.

Once enough people understand it then it enters another phase of actual usage. So far there is virtually no actual usage beyond speculation.

Once every possible person is using it and every possible use has been explored and created then you have deflation and that really is continuous and eternal growth versus the things we're used to.

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Because people want the money that is why they are looking for profits from day one itself when they invest in something. But one who have enough experience on investment platforms have knowledge about how it works and they will utilize the top and bottom of the market.

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Quote from: Subbir on March 25, 2020, 09:52:10 AM

I think it's good to figure on time in every job If you would like to hurry, you usually need to suffer loss that's why investing in bitcoin within the cryptocurrency market is predicted to steer to sustained growth. it'll be during a slush range and if the worth goes up we'll get an honest profit The market is usually emerging and threatened with high expectations. need to work with a positive attitude.

A lot of people are only thinking about totally straight to up knowing that its not all about that. Its not work like that and everything is not easily especially if you just look at it. Growing will take a lot of time and will struggle along the road. If their mindset is an easy money, they not belong in here. Going down the price is just the process for building something big so its better to enjoy process and continue to ride on this.

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