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Question asked on Musing.io by monoarc

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· @monoarc ·
$0.64
Question asked on Musing.io
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properties (23)
authormonoarc
permlinkfkv86crsq
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json_metadata"{"app":"musing/1.1","appTags":["cryptocurrency","investment"],"appCategory":"cryptocurrency","appTitle":"Why is it that majority of us can't see the opportunity in cryptocurrencies on this bear market?","appBody":"When Bitcoin is averaging at around 18k to 20k, people are buying so much thinking that the price might get higher. And now that the price is low, which seems to be a good opportunity, it seems that very few people see it that way.","appDepth":1,"musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"question"}"
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vote details (5)
@adenijiadeshina ·
$1.03
Question answered on Musing.io
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properties (23)
authoradenijiadeshina
permlinkf3scucraw
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json_metadata"{"app":"musing/1.1","appTags":["cryptocurrency","investment"],"appCategory":"cryptocurrency","appTitle":"Why is it that majority of us can't see the opportunity in cryptocurrencies on this bear market?","appBody":"<p>I will say this is what is really affecting many people.</p><p>Actually many people do not know more or haven't gained more knowledge about how Cryptocurrency world is or entails. And this has resulted into many people suffering from losses in the Cryptocurrency world each year instead of making massive profits </p><p>Like you said, many people do not know that now that the price is low is the best time for them to invest more in the Cryptocurrency world and make more massive profits when the price goes up. And also some people tend to believe not so much in Cryptocurrency world yet and so when they see Cryptocurrency falling in price, they believe maybe Cryptocurrency world is nearing to its fall or end and so they are afraid to invest in Cryptocurrency world at the bear market time.</p><p>Generally, it is lack of knowledge about how Cryptocurrency world works or entails make them not to see the opportunities in Cryptocurrency world even in this bear market when they supposed to ingest More.</p><p>#onelove</p>","appDepth":2,"appParentPermlink":"fkv86crsq","appParentAuthor":"monoarc","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
created2019-01-09 07:53:42
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vote details (5)
@adenijiadeshina ·
Question answered on Musing.io
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properties (23)
authoradenijiadeshina
permlinkf3xd6jraw
categorymusing-threads
json_metadata"{"app":"musing/1.1","appTags":["cryptocurrency","investment"],"appCategory":"cryptocurrency","appTitle":"Why is it that majority of us can't see the opportunity in cryptocurrencies on this bear market?","appBody":"<p>I will say this is what is really affecting many people.</p><p>Actually many people do not know more or haven't gained more knowledge about how Cryptocurrency world is or entails. And this has resulted into many people suffering from losses in the Cryptocurrency world each year instead of making massive profits </p><p>Like you said, many people do not know that now that the price is low is the best time for them to invest more in the Cryptocurrency world and make more massive profits when the price goes up. And also some people tend to believe not so much in Cryptocurrency world yet and so when they see Cryptocurrency falling in price, they believe maybe Cryptocurrency world is nearing to its fall or end and so they are afraid to invest in Cryptocurrency world at the bear market time.</p><p>Generally, it is lack of knowledge about how Cryptocurrency world works or entails make them not to see the opportunities in Cryptocurrency world even in this bear market when they supposed to ingest More.</p><p>#onelove</p>","appDepth":2,"appParentPermlink":"fkv86crsq","appParentAuthor":"monoarc","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
created2019-01-09 07:53:18
last_update2019-01-09 07:53:18
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vote details (5)
@francistagbo ·
Question answered on Musing.io
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properties (23)
authorfrancistagbo
permlinkfkbn6p6aq
categorymusing-threads
json_metadata"{"app":"musing/1.1","appTags":["cryptocurrency","investment"],"appCategory":"cryptocurrency","appTitle":"Why is it that majority of us can't see the opportunity in cryptocurrencies on this bear market?","appBody":"<p>Well people definitely recognise the opportunity, just like when they recognised it when BTC was at 10k, they also saw it when BTC was hovering at the 5-7k mark and they're seeing the same opportunity right now, the thing is that people are getting tired of buying and then watching the price go down even more. BTC has lost more than 60% of its value since it hit 20k and now you expect people to still be willing to buy when it tanks like this.</p><p>People have simply lost faith in BTCs triumphant return to double digits, at least for now. It's going to take alot to make people put as much money in BTC as they did before, there just isn't any thing going for BTC right now that would make people want to invest in it.</p><p>Moreover, people still expect the price to crash to less than 3k and as such nobody wants to invest until they're sure the price won't get any worse than it is right now. I was sure BTC wouldn't go any lower than 5k and I was pleasantly shocked when I saw it nose diving so I won't buy anything till I'm absolutely certain that it won't get any worse.</p><p>People see the opportunity, they're just afraid that it might lead to them losing more money and you can't fault them for not wanting to take the risk.</p><p>I hope this helps.</p>","appDepth":2,"appParentPermlink":"fkv86crsq","appParentAuthor":"monoarc","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
created2019-01-09 13:34:42
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vote details (9)
@libert ·
Question answered on Musing.io
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properties (23)
authorlibert
permlinkpkeak66aw
categorymusing-threads
json_metadata"{"app":"musing/1.1","appTags":["cryptocurrency","investment"],"appCategory":"cryptocurrency","appTitle":"Why is it that majority of us can't see the opportunity in cryptocurrencies on this bear market?","appBody":"<p>It's because psychology, when market is going up, human mind thinks it'll forever go up and vice versa. </p><p>People are afraid that they may lose funds if they buy now, even though they bought at top and are already in loss. </p>","appDepth":2,"appParentPermlink":"fkv86crsq","appParentAuthor":"monoarc","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
created2019-01-09 14:09:57
last_update2019-01-09 14:09:57
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vote details (4)
@ocupation ·
$0.61
Question answered on Musing.io
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properties (23)
authorocupation
permlinkp3gj5srsq
categorymusing-threads
json_metadata"{"app":"musing/1.1","appTags":["cryptocurrency","investment"],"appCategory":"cryptocurrency","appTitle":"Why is it that majority of us can't see the opportunity in cryptocurrencies on this bear market?","appBody":"<p>It's simply beacouse we are all led by emotions, especially when it comes to money or something we consider important or even a game changer. Being rational is reserved for those who can handle the pressure when others can't. The problem lays in media as well and we all tend to accept at least the part of what they have said. On the other hand Big players are building a frame in which they'll benefit the most while little people tend to follow them, probably couse of FOMO... But that kind of mindset will get them nowhere, everybody should do their research instead of just going in for fun...</p>","appDepth":2,"appParentPermlink":"fkv86crsq","appParentAuthor":"monoarc","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
created2019-01-09 09:53:18
last_update2019-01-09 09:53:18
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vote details (4)
@prechyrukky ·
$0.61
Question answered on Musing.io
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properties (23)
authorprechyrukky
permlinkpkkmwa6sq
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json_metadata"{"app":"musing/1.1","appTags":["cryptocurrency","investment"],"appCategory":"cryptocurrency","appTitle":"Why is it that majority of us can't see the opportunity in cryptocurrencies on this bear market?","appBody":"<p>It's because most people just want to make quick money. They believe when things are good in the crypto market it will be easier to get profits. I stopped introducing people to the blockchain when I found out most people are just concerned with the now.</p><p>Crypto's is a long term process and who wants to achieve success in Crypto's should be patient, investing in the deep and not the Bull run </p>","appDepth":2,"appParentPermlink":"fkv86crsq","appParentAuthor":"monoarc","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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vote details (3)