Quote from: South Park on January 29, 2024, 09:40:36 PM

Quote from: YOSHIE on January 29, 2024, 02:54:09 PM

Quote from: EluguHcman on December 25, 2023, 12:54:28 AM

Your feelings if Bitcoin price takes your expectations unaware

I once heard and read that one person who was successful in the crypto market, he had speculated and predicted the price of Bitcoin in a certain year, but the speculation he believed in never appeared, in fact it made him a little confused in his beliefs.

He told me interesting things about Bitcoin, advice that touched my heart, invest in Bitcoin, so that you are not burdened, never have high hopes and strong desires for your investment assets in Bitcoin, This means that investing doesn't have high hopes, let it run like water where everything is stored in a reservoir, that's when you can draw conclusions about the assets you own.

In this way, I won't be too confused and anxious if Bitcoin doesn't match my expectations, I'll just enjoy it.

That is good advice because very often what causes traders and investors to lose their money is not the market itself but the expectations they have about it, think about all of the people that invest in shitcoins, they must know that the coin in which they are investing is a bad coin, but they do so because they are expecting for the coin to skyrocket and become rich in just a few weeks, then when they lose everything they blame the scammers behind the coin, and while they are at fault, what caused those people their devastating losses were their projected profits.

One of the main reasons on why scam coins and fraud projects do still continue to flourish out into this market is that because into those newbie investors who are really that believing that they could really bet rich out of those shit coins that existing on the market.If we do really tend to zoom out on how many shitcoins that we do have in the market and the numbers who are really that launching on every second and every minute
then we can really be able to tell that scammers and fraud developers would really be keeping on coming because newbie investors would really be keeping on feeding those scammers.

Speaking about Bitcoin investment then its better not to set yourself with those unrealistic goals and numbers because once the market would really be going into the opposite side of things then it would really be
just simply resulting into that great disappointment on which it might really be leading up into various possible actions which caused by that emotion on which you are
anticipating or expecting something positive but turns out to be negative.