Quote from: Adbitco on May 11, 2024, 11:24:04 PM

Quote from: fuguebtc on May 11, 2024, 01:56:00 PM

Yeah, I still don't see anything too serious happening, although bitcoin has corrected in the past 1 month, the bitcoin price is still high and not too far from the ATH it created before. As a bitcoin investor, we all know that bitcoin is very volatile and compared to previous dumps, this correction is small, insignificant. But I don't understand why the OP thinks it's serious.

I guess before investing, OP did not carefully learn about the history and volatility of bitcoin and he mistakenly thought that the bull season would come immediately after the halving. Currently, he is feeling disappointed and depressed because things are not going as he thought.

But whatever, OP, we are getting very close to bull season, I hope you can get through this period, don't give up now if you don't want to regret it later.

I don't think is normal for someone to just invest in bitcoin before halving and expect to make serious profits after halving because bitcoin is not a ponzi scheme where someone could invest and expect 10x of it within few month or for just the first month of their investment. As an investor he must learned to be patient and wait till the we gradually sink into the bull run, then could sell as he wishes if he is not holding for long term other than short term. Most time people who invest in short term always feels disappointed towards the overall performance of bitcoin.

The get-rich-quick ideology mostly comes from newbies and I think OP is also one of them. The fact that they have never experienced any price increases before and do not have too much experience in the market, we can sympathize with them. Perhaps he was disappointed because things did not turn out as he expected, but this will be a lesson for him to grow up and have a more correct view of bitcoin.

Personally, I will not criticize newbies because I was once like them and I think give them more time, the market will help them mature the way we have matured.