Bitcoin current situation - page 3. | Bitcointalksearch.org

Sohyun Park

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Quote from: Leviathan.007 on March 25, 2020, 12:22:43 PM

Please everyone be careful, when are you using other people's money, you will get stress and you panic real fast. obviously, in this case you lose your money and leave the crypto world while you say "crypto is unless/scam".
Many investors are recommending people to do to enter any project with the money they need, use the part of money you don't need it. So, even if you lose your money you won't be depressed

Completely agree with this line. One more though want to add here. If you are not that ready to bet/risk your own money then do not take the risk to borrow funds. It is too depressing as you will be answerable to all those who lended you funds.

yazher

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You own the pen

Bitcoin is good for long term holding especially when you bought it at its lowest price this year and plan to hold it for the next 1-2 years. That would be enough time to assure your decent earnings with Bitcoin. base on its past history, the price will soon rise again to the $10,000 mark. that would be the time you choose whether you sold your BTC or wait for another big chance to occur which will likely the best thing to do if you are planning to hold it even longer. Also, you can do this, when the price is high sold your BTC and when it goes lower again, buyback with that money earlier. then repeat until you maximize your earnings.

Anonylz

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It is not advisable to do any investment with other people's money especially when you have no alternative means of paying them back, whether btc or other investment involves risk and taking the risk means you are ready to bare the consequences,
Best option is to invest your personal money no matter how little it is, what you can afford to lose, this way you don't have heart attack when things go unexpected,
Be your own boss and do what you feel is best and not what others say, btc is good investment depending on your angle.

BTT4ME

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Re: Bitcoin current situation, it always depends on how much you've purchased versus how much you're planning to sell it later.

Aside from the current market trends in and out of crypto, notwithstanding the pandemic that's globally affecting everything, bitcoin may become a good bet right now (maybe 1/3 to 1/2 of your total disposable income to invest right now).

Also, I'd stay away from stable coins (maybe for the short term only), but not if the problems persist since fiat may actually lose value depending on the global circumstances that might happen sooner rather than later.

Ulven

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I personally prefer long-term investment!!! But if you are having trouble fluctuating bitcoin prices, it will make you more greedy. In fact, you cannot gain enough experience to make you happy with your investments until after years have passed!!!
Always you must invest your own money and do not risk investing it all around allocating an amount that you can afford to lose.

lienfaye

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Many think investing in bitcoin is a sure money, well not really because the market is really unpredictable. Though many earn from investing, many people lose as well because they cant stand seeing the price falling. So its better to invest what you can only afford to lose and dont ever use a borrowed money because you'll never know whats ahead. We can have a long bearish market and usually the reason why some investors chose to quit because they have no patience to wait longer. In my experience bitcoin is best for long term hodling, forget for a while the market and set when to take profit.

KrisAlex18

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Quote from: Leviathan.007 on March 25, 2020, 12:22:43 PM

Created this topic for some bitcoin investors to read about the current situation, please read and share your comments with me.

These days many people are scared because they think lose their money with bitcoin because of the price falling down.
There are two kind of people in my own idea:
1. Some people invested with their own money and they are also thinking long-term (2-3 years or more)
2. But in the other hand some other people, unfortunately, using the money from dad/mom/loan/... Also they want to get the profit in short term.
Please everyone be careful, when are you using other people's money, you will get stress and you panic real fast. obviously, in this case you lose your money and leave the crypto world while you say "crypto is unless/scam".
Many investors are recommending people to do to enter any project with the money they need, use the part of money you don't need it. So, even if you lose your money you won't be depressed
If you know bitcoin for 3-4 years you know we had many pumps/dumps even worst than this. For example, a few years ago after closing BitInstant, bitcoin stopped trading and the price fallen down like hell. some people sold their bitcoins for a real low price and lost too much money with selling too cheap. Everyone said bitcoin is over and here it is! Today you sell/buy it for 6K USD.
Sooner or later... Bitcoin price will rise and having one single bitcoin will be a dream for other people.

Indeed, there are still some people who depend on his parents, loaning on a big corporate thinking that even though he can't pay all the balance of his loan, there is his mother or father to help him, which is so embarassing in the part of you, you should be independent especially if you are already 18 and above. Make your own money so you will be able to invest more so if you get lost from investing then for sure you won't be bothered so much because the money that you have losy is yours and not loaned by someone else or even to your parents.

Always trust the bitcoin, we already experience such things like this and even worst like this but still, bitcoin survive, bitcoin and other crypyo currency are still here. Make some investments until the bitcoin is still dumping so you will be sure to make money when bull run happens.

crustycrab666

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terra-credit.com

Quote from: TheAndy500 on April 07, 2020, 06:50:46 PM

Quote from: Leviathan.007 link=topic=5235423.msg54095497#msg54095497
date=1585156963

--

No matter which sector you choose for investment, always be in No.1 category. Those who invest money from others will have a stress with them since fear of loss always make them uneasy. Profit always come in the long run, those who look for shortcuts always end up losing money. Be a HODLer not a day trader.

It will provide psychological pressure because if the loss will definitely carry a heavier burden, return the loan and cover losses. You should use another strategy, do not force investing with a loan.

Investment is not something easy, especially in cryptocurrency. Do not try, especially if you do not understand this ecosystem well. Think logy, bitcoin does provide an opportunity but there are also risks that we must be prepared to face. Nothing is instant, it takes experience.

TheAndy500

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> CAMPAIGN MANAGER < https://t.me/TheAndy500

Quote from: Leviathan.007 link=topic=5235423.msg54095497#msg54095497
date=1585156963

1. Some people invested with their own money and they are also thinking long-term (2-3
years or more)
2. But in the other hand some other people, unfortunately, using the money from
dad/mom/loan/... Also they want to get the profit in short term.

No matter which sector you choose for investment, always be in No.1 category. Those who
invest money from others will have a stress with them since fear of loss always make them
uneasy. Profit always come in the long run, those who look for shortcuts always end up
losing money. Be a HODLer not a day trader.

luserbai

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Quote from: Rodeo02 on March 26, 2020, 12:02:05 AM

Quote from: meanwords on March 25, 2020, 10:08:07 PM

To the people who invested in Bitcoin with loaned money, they don't deserve anything in my opinion. They are stupid and lazy af. Instead of doing something productive that will help them make sure money, they are risking it here in Bitcoin, just waiting and relaxing thinking that Bitcoin will moon the next day. Probably most of them cried when Bitcoin dump to $4,000.

There will always have a problem if the capital you use for investment came from borrowed money. Its investment there is always a risk and no way you can be sure you will earn money by holding a cetain currency. You are not only risking other people's money but also the trust given to you by the owner of the money you borrowed.

Btc just a scam. Its nerver become a payment menthod . You can read more here:
https://[Suspicious link removed]/2UYCA0C
https://[Suspicious link removed]/2yxSrM0

xSkylarx

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Stick to the advice invest only the amount you can afford. Although bitcoin is a promising investment, you cannot eliminate the risk of the price falling. The market will eventually grow and recover, but the time span is uncertain. If you are investing a loaned money, the interest will only lessen the amount you can potentially earn. Buy in small chunks and accumulate than to go panic buying using a loan.

Stedsm

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It was a fancy for everyone during old days when all of us were having at least 1 BTC with us for sure. Today, it's next to impossible for many users to even buy it at its current low prices and they are waiting for a new low. Even if a new low will take place, that will only be for a few seconds in international markets and till you try to buy it for some discount, it'll slip out of your hands like sand. It's very hard these days to gain a nice amount of BTC on hands which was then, very much easily possible for everyone during the beginning days.

adzino

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www.Crypto.Games: Multiple coins, multiple games

Sorry, but those people you have mentioned on the second category deserves to suffer like this. Sounds too harsh, but that is the truth. They won't learn their lesson unless they make some good amount of losses. Once they see that their ambition of becoming rich over night by investing on crypto currencies have failed, they will stop and start thinking about long term.
And who makes risky investment by borrowing money from someone else? That next level stupidity.

gundala

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Quote from: Leviathan.007 on March 25, 2020, 12:22:43 PM

~
If you know bitcoin for 3-4 years you know we had many pumps/dumps even worst than this. For example, a few years ago after closing BitInstant, bitcoin stopped trading and the price fallen down like hell. some people sold their bitcoins for a real low price and lost too much money with selling too cheap. Everyone said bitcoin is over and here it is! Today you sell/buy it for 6K USD.
Sooner or later... Bitcoin price will rise and having one single bitcoin will be a dream for other people.

This is the importance of understanding what you will invest. Don't just be influenced by FOMO and investment invitations that bitcoin can bring in a profit, then you join without adapting first. That is very fatal. Moreover, the cryptocurrency market is very dynamic.

Experience and strategy are needed. Not just relying on feelings, it will increase the risk.

valuater

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Quote from: ?? on ??

Quote from: thesmallgod on April 07, 2020, 08:50:46 AM

Risk is always involve in a business and same when you wanna invest but the most important thing is to take a brave risk. It is not right to borrow money to invest in something that involve huge risk. What if you end up losing part of the money. What do you think will happen ? We all know crypto is affected by volatility and there will always be up and down but there are still some people that luckily make profit even at the extent of volatility.

Those people who manage to understand things first before they step their foot inside this venue of investment, it's always better to take the risk if you are well satisfied with all those research that you've made. People who are willing to take risk and shouldering everything whatever happened to their decision making to the point that borrowing money will be part of their options.

Those people who manage to understand things first before they step their foot inside this venue of investment, it's always better to take the risk if you are well satisfied with all those research that you've made. People who are willing to take risk and shouldering everything whatever happened to their decision-making to the point that borrowing money will be part of their options.

Bitcoinislife09

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Diamond Hands 💎HODL

Quote from: Nadziratel on March 25, 2020, 12:56:46 PM

Quote from: Leviathan.007 on March 25, 2020, 12:22:43 PM

Created this topic for some bitcoin investors to read about the current situation, please read and share your comments with me.

These days many people are scared because they think lose their money with bitcoin because of the price falling down.
There are two kind of people in my own idea:
1. Some people invested with their own money and they are also thinking long-term (2-3 years or more)
2. But in the other hand some other people, unfortunately, using the money from dad/mom/loan/... Also they want to get the profit in short term.
Please everyone be careful, when are you using other people's money, you will get stress and you panic real fast. obviously, in this case you lose your money and leave the crypto world while you say "crypto is unless/scam".
Many investors are recommending people to do to enter any project with the money they need, use the part of money you don't need it. So, even if you lose your money you won't be depressed
If you know bitcoin for 3-4 years you know we had many pumps/dumps even worst than this. For example, a few years ago after closing BitInstant, bitcoin stopped trading and the price fallen down like hell. some people sold their bitcoins for a real low price and lost too much money with selling too cheap. Everyone said bitcoin is over and here it is! Today you sell/buy it for 6K USD.
Sooner or later... Bitcoin price will rise and having one single bitcoin will be a dream for other people.

We definitely know Bitcoin did not cause anyone to lose money in the long run. Bitcoin is still promising for everyone. And for the big price cycle, things aren't going well for now. But I think this cycle will definitely break somewhere. For this reason, we have to be careful when investing.

Bitcoin nowadays is somehow subsiding because of the covid-19 pandemic that we are experiencing right now. But then bitcoin is really essential because it can help many peopke in their finances. Through bitcoin someone can gain and earn so much money and bitcoin can also be used in paying bills payment. Through bitcoin bills payment you need not to go outside the house and pay for your bills, you do not need to travel just to pay your bills. I believe that bitcoin will soon rise again after this pandemic that we are experiencing right now.

skiorf

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Quote from: mrrdewitt on April 06, 2020, 05:29:01 PM

But also do not think that if the price is now lower, then nothing will change in the future. I think that the price will rise, in any case, after a while.

The ups and downs of bitcoin prices are influenced by a variety of factors. The current crisis due to the pandemic has become a major factor affecting it, but not completely. The price of bitcoin is able to reach more prices than current prices.

Future price changes will no one know for sure, but can be read using technical analysis and combined with fundamentals.

Bitcoin is a digital currency that is very strong compared to national currencies, and that is proven by the current state of bitcoin which is not 100% affected.

thesmallgod

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Risk is always involve in a business and same when you wanna invest but the most important thing is to take a brave risk. It is not right to borrow money to invest in something that involve huge risk. What if you end up losing part of the money. What do you think will happen ? We all know crypto is affected by volatility and there will always be up and down but there are still some people that luckily make profit even at the extent of volatility.

coupable

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Quote from: mrrdewitt on April 06, 2020, 05:29:01 PM

I think we should not go to extremes. It is not a fact that Bitcoin will greatly increase in price. Whoever predicted this, no one can know for sure. But also do not think that if the price is now lower, then nothing will change in the future. I think that the price will rise, in any case, after a while.

We are in a specific situation. A lot of developement stuff are taking place. The epidimic, the next halving ... A lot of technical interest to btc as secure method of paiement with or without pandemic.
Personally, i am familiar with crashes of btc price. It's volatile, we all admit this. But i believe in the importance of btc and thinking about iit's future rather than the present .

mrrdewitt

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I think we should not go to extremes. It is not a fact that Bitcoin will greatly increase in price. Whoever predicted this, no one can know for sure. But also do not think that if the price is now lower, then nothing will change in the future. I think that the price will rise, in any case, after a while.

Topic: Bitcoin current situation - page 3. (Read 1023 times)