Topic: Bitcoin current situation (Read 1054 times)

The price of Bitcoin is currently low. It rises for some time and then falls back to its previous position. It is better not to invest in Bitcoin without your own money. The price of Bitcoin can go up or down at any time. So investing someone else's money here can be dangerous. loan money from a bank and investing in Bitcoin is nothing but big nonsense.

Yes, that's right. Many people invest in Bitcoin with money from their relatives and friends in this way. Bitcoin is constantly changing. There are some people I know who have invested in Bitcoin by taking a loan from a bank. It is never okay to invest in Bitcoin on loan. Because at any time it can cause big losses.

And I agree that this is a great position. I bought bitcoin when it was $3,000, now you know its price.

People are panicking for just a small dump, well you have to be used on this kind of trend because bitcoin will always go up and down. Yes, the bitcoin will rise in the future and those analyst sees a good up trend very soon. If you sell then go for it but to those hodlers, better to hold more bitcoin and see your good profit in next year!

Bitcoin is not a fiat currency and does not have ties to any government. It is a cryptocurrency and can be used as payment or for investing purposes. day by day bitcoin price is rise. before few day ago bitcoin price is 7000$ but today bitcoin price is 10000$+ I am very excite i have some bitcoin i am lucky for rise bitcoin price.Many mainstream companies and even some governments accept Bitcoin as payment.

You gotta be patient because bitcoin is going to soar again! Don't sell at this stage you will only regret your decision later
Most crypto analysts and experts predict that bitcoin is going to rise again with a new ATH

I think Bitcoin's situation is pretty good right now. In 2017, we saw that the price of Bitcoin has increased minute by minute and it has increased to more than 20K$ . His downfall has also accelerated. I didn't think it was normal. Currently, the price of Bitcoin is around 5-10K$. This pump is normal; It can be called stable.
The crypto market is a little more volatile than other markets. Some people borrow money and invest in crypto. When the market collapses, they panic and start selling casually. This has a negative impact on the market. It is not desirable at all. You need to invest in Bitcoin patiently and in the long run; Only then will you benefit.

I have a deposit stuck with 4 sats/b, about $1k when it got sent to me, I don't even know if it'll clear or not, what I know is that it will come, eventually, also I don't  need it at the moment bc of price dropping so let's leave it be until it finally clears, I'm thinking of using it way in the future anyway.

I thought you were going to discuss about transaction volumes

I agree that investment should use our own capital, because using other people's capital makes it difficult for us to make decisions
correctly. The risk that must be borne even greater if using capital from others. Then related to the price of bitcoin we don't need to panic
if the price of bitcoin goes down, because of how far the price of bitcoin goes down it will definitely not be long the price of bitcoin will
go up again. So the key to success in bitcoin investment is patience. The current situation of bitcoin is starting to improve, seen the price of
bitcoin support is very strong. I believe in the near future bitcoin will pump.

A topic such as - “Bitcoin current situation”, takes me every day. Every day I watch videos of analysts whose opinion is important to me. Every day I look at the movement charts of the price of bitcoin and the main altcoins. It is to this day that I have a firm opinion that the price is unlikely to overcome the price of $ 10,500 in this growth, I personally sold everything and am waiting for the price of $ 7,700. But globally, - for me bitcoin has become more predictable, - today it is very difficult to surprise with a price movement of a thousand and whiter dollars. Today, for myself, I do not see a more profitable investment than in bitcoin. Because I am sure that even after falling to the bottom, the price, after some time, will definitely overcome previous highs. There is only one conclusion for me - today, investments in bitcoin are becoming safer and more reliable than before, and the opportunities for earning are expanding.

Cryptocurrency is a high-risk investment product. So the risk will be even greater when we use the proceeds of loans / debts / money that are important uses. Do not take this for granted, I have often heard stories of people selling their land and houses for crypto investment, even though he did not understand the crypto ecosystem well. Do not let go of your assets, for investments that still exist in wishful thinking. Be an educated investor, don't be greedy.

Basically if you want to invest, do it the best you can and always include high confidence to be able to be patient longer, no one only invests with money that is not needed because if you only invest only using money that is not needed, then I'm not sure you will get a good return, money is something we need in our lives and at least only a small amount that may not be needed. So, keep on investing with a better amount because when you can sacrifice the savings you have, then of course you will do better research and so you will definitely get a better return on your investment.

The price still tries to break another high price because every time the price is down, it will be back to the last high price. I hope that the price will increase more than now because I guess the trend is still at the uptrend so we might see another high price will break. Besides that, we are on the way to see the halving comes so it might trigger the price to hit the higher price than now. Let's wait for what will happen later.

FOR bitcoin $6950 is damn important if broken for certain duration then it can dump back to $6600 . If bulls need to perform the
So if you read that well it was exact important level and it jumped too $7050 after touching those levels . So now if 7050 is broken then we are moving again towards $7200 mark.

Thoroughly concur with you. Bitcoin just about consistently encounters an ascent and fall, and individuals who participate in digital currency don't freeze, however utilize such circumstances for his or her own advantage. Feelings and crypto exchanging aren't perfect. Here you would like just cool reason-ability and therefore the mind.

On the off chance that you simply put resources into Bitcoin, confirm that the cash utilized won't be required whenever. within the event that conceivable, it need to be your additional reserve funds. Else, you'll be compelled to surrender your Bitcoin at a lower cost. Obviously, end of the day venture is progressively best yet then there's still no assurance that everything will unfurl easily. 2-3 years could be a pleasing venture term however then unanticipated conditions may out of nowhere emerge that might cause a horrendous exhibition of the market. We need to have understood that at now .

Definitely agree, if you are new to bitcoin investments and don't know nothing how it works then you must refrain form investing money that is not yours. Make a little time to learn and get your self the hang of it before getting into it full time. We can not take away the fact bitcoin is one of the lucrative investments of this time but you need proper learning about the system..

There is a saying-'No Risk, No Gain'. Every investment has some risks. So investment in Bitcoin is not out of it. But if you want to make profit, you have to take the risk. It is true that bitcoin price has some what decreased because of COVID-19, it will recover its position soon. I think, this may be an opportunity for the long term investors who can purchase it now with low price and sell it with higher price in near future. So, don't worry who have already invested in bitcoin and are looking now price is falling. Its price will go up as soon as the vaccine of Corona Virus will be invented and the world will back in its own position.  

If you are one of the short term investor I think there's no need to worry since the halving is coming and we all know what's going to happen in halving, there will be pump, I am not 100% sure but the chart's don't lie, if you check the date of the past halving and see the bitcoin chart you will see that every halving the price of the bitcoin is going up!

BTW, back to the topic, it's the simplest rule of investing/trading or any kind of risky activity. DON'T USE OTHER PEOPLE'S MONEY! Just use the money that you are confident to risk and make sure it's your own so, you will not have any problem regarding it. Win or lose if you use your own money there will be no more problem, but if you lose and you just borrow your money then, that's gonna be a huge one and I am sure that, it's gonna be a huge trouble for you.

That will be the basic in investing, make sure that you will invest only the money that you can afford to lost meaning don't invest those money that you get from loan, money for your daily needs and etc. because it will only cause you trouble if the market will fall. If you have extra money then you can use it as your investment and consider it as your savings so you can just withdraw it when the bull season will occur.

And changing the season of the market is not that simple, it will take time before it will change from bear to bull like 2 years and above so it will be best if you are prepared for it. Buying is the best option right now as the bitcoin price is less than 7k$ and will likely to skyrocket when the pandemic will be finish and the bull season will happen.   

And it proves now. After bitcoin reach and hit $7,100, the price now back to below than $7,000. The bitcoin price now reaches $6,700, and it still goes down, and we don't know how much bitcoin price will stop. The red candles replace the green candles, so we need to prepare if somehow the situations become worst, and we need to make another strategy to face something that we don't want.

Perhaps, we will get another discount price of bitcoin again this time, so make sure you have your money in your account, so you don't miss the right time to buy bitcoin later. And don't forget always to analyze the price before you enter the market.

Sometimes I don't it when people call the market a positive or negative, is it just because of the price? I mean if you say that market is unpredictable then we should not have any negative or positive side of the price. Bitcoin is very volatile, it can go from a hundred to zero, vice versa, and the risk is high compared to other currency we used online. With bitcoin's price right now, the best is to buy enough not taking everything from yours to risk, just enough to make a profit for investment.

The people who won't be able to afford living expenses during the lockdown and thus would have to cash out in order to get their hands on some cash are only the minority investors. This would mean that the overall effect of these sales won't be adding much to how the market will behave as the major investors will buy in as a result of anticipated price rise due to the halving event instead of selling.

The underling message here is once again resonates to this: people shouldn't invest if they can't afford losing their investment since by investing you pledge to the unpredictable risk of loss.

◾️Bitcoin price 1 month before halving

2012: $10
2016: $576
2020: $7,300

◾️Bitcoin price 6 months after halving

2012: $130
2016: $900
2020: ??

Current case we will see bitcoin at 10k

Just buy low and sell high that's just the basics of trading with your investment. It doesn't matter if it's a long term or short term investment as long as you follow the rules of buy low and sell high you will probably gonna get a profit. Although it may take some time before you can get the desired profit that you want. If you want to speed up your process then proceed to day trading but this time you will need more than just the basics because it requires patience and skills. Learn more by watching or reading on how to make a profit through day trading.

Despite the small change, gold was also affected by the pandemic and did drop last month. It rebounded but still, it is affected by the pandemic and if the pandemic is not contained well for a long time, then that would also affect gold and it might also affect bitcoin. I agree though that bitcoin did well as it dropped to $4K and now we are at $7K but still going back to $6K.

I think the price of bitcoin will go up a lot after coronavirus epidemic ends. I'm pretty sure, those who are selling their Bitcoin at lower price, after some days later they will regret for it. If you have enough money you can invest more on bitcoin hopefully bitcoin will not discourage us.

This is the worst thing to get involve when it come to cryptocurrency. Funds that don't belongs to you as the holder should not be use for investment because the cryptocurrency market is some how unpredictable due to it volatility known by it existence. Have seen many funds managers who managed people funds in trading their holdings for these investors and later  ended up be jailed for mismanagement. They loose their funds in their coffers due to market volatility and not because of their carelessness. "Invest what belongs to you and you only. Investing what you can afford to loose because loss can bring depression".

Old timers in this market already knew that thats why many are not engaging in discussions because they already knew what will happen sooner or later.
but if Instinct is part of emotion then this is compatible in Bitcoin trading,because i have experienced for some time that my instinct is much better than my own researching(but not totally in all time)

That is such a correct thought. Do not spend what you do not have to can sleep peacefully.
About BTCitcoin, we all know that we must have some amount of Bitcoin in our wallet because it is an asset that we must possess in the long term.
We have the advantage of recovering from a loss when Bitcoin reaches a higher price than we bought it for.

I agree with FanEagle,

I would only invest my money, when i dont really need it.
If u invest in something and hope to get profit in short term, then you are wrong.
Never use money that you really need, it may put you in a situation you have to sell with loss.
While maybe a few weeks / months later you could have sold it with profit.

I have seen the story of a man who invested his loan in Bitcoin and then the money grew to a huge amount and he withdrew and paid back the loan and still had more than twice of the amount left. So, bitcoin has helped many people and in current situation who are able to withstand may enjoy more fruitful returns just for holding bitcoin in harder times as well.

For me, I would say that it was just luck that was on his side, this might not be the same story as everyone , there are people who might try it, which I know there are, and they will end up losing their money, so it’s by luck. I wouldn’t take such a risk, I would prefer to go from little to something than to be rushing things, because if should lose a huge amount it’s going to frustrate me so much.

I think bitcoin are not so much on the trend to be affected by the pandemic. And investor always aim for a long term investment for bitcoin because there has a huge chance that bitcoin will rise again.
Because i think investors will prefer more on bitcoin than ICO which bitcoin price go volatile and possible go straight to pump.

Many newbies and average investors are like this. They don't know how to trade but they want to get profit with crypto so they just bought some cryptos and then just hold it until it reaches the target they put.

Well, this might work if you are a trader so you can roll your Bitcoins to get an easy profit. Unfortunately, most of these are either newbie traders or greedy investors who are thinking that crypto can give profit to them in a short amount of time. It might be but at the same time it maybe the opposite that can happen to them. It can give them huge profits but at the same time it can give them huge losses.

Good position that you have taken from that value, and with your intentions to keep holding your assets will bring you much higher benefits, knowing the past actions of bitcoin, halving brings good market movements. Though we are still experiencing problem with this ongoing corona effects, the market will soon to bounce up, when cure will be available the market sentiments will grow stronger.

In my opinion the current bitcoin situation is quite good, it can be seen that prices are now rising to $ 7300. This is a good sign, meaningful
investors have started investing in bitcoin again. If this situation can continue to improve, I'm sure the halving that will occur next month
will be as predicted many people namely the price of bitcoin can again touch the price of all time high. But for me even though it didn't reach
the ATH price it didn't become problem, because I am a bitcoin holder for long-term. I buy bitcoin when the price is $ 4000, and I will hold it
for the next 3 years.

Exactly that's what I wanted to say. during those days all markets just started drop down including stocks the only this could be called a "safe haven" was gold. However, comparing to the other similar markets BTC downtrend was just much better. I aw many people the bought bitcoins for 4-5K and now Imagine how much profit they will get out of it easily.

Bitcoin has proven to be more stable than many stock market assets. At all times, in difficult economic situations, during crises, people have invested money in eternal values - gold, diamonds. Now such values include the oil. But oil prices are falling as the industry falls. The main advantage of gold and diamonds is that they take up little space, they are easy to store and transfer, gold and diamonds are hard to mine, and their mining costs a lot of money. Bitcoin also has all the qualities of gold and diamonds. It is hard to mine, easy to store and Bitcoin mining costs a lot of money, and the number of Bitcoins issued thanks the halving that will happen in May will only decrease. I think that Bitcoin is a reliable asset that will only grow in value in future.

The last price drop of the Bitcoin price is very reasonable. As many people have said that it's because of coronavirus pandemic.

The thing is we don't know until when this pandemic will last and the more it takes time, the more people will cash out their assets because they will need more cash.

And what I can conclude so far is people who are struggling with having cash currently will lose their opportunity if the bitcoin price will increase after this pandemic is over because they won't have much money to buyback bitcoin.

So I think it's still not good if you invest your money in Bitcoin even more than 20% right now. Don't gamble on this unclear situation yet and buy Bitcoin when the situation (coronavirus pandemic) is clearly getting better.
But this is pure based on fundamental analysis, not technical.

Exactly. That is what we need to do if we want to buy bitcoin. Don't use too big money if you are not ready with the risk because, with the bitcoin price volatility, I guess that will make you a panic moment to see the price will be up and down. We don't need to all in our money because that we cannot make another buy order if the price is down, and as what you suggest, we need to control the emotion in trading because we will meet another surprise moment. Make sure we can ready for anything that can happen.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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 .

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.

It was difficult when you are having capital for investment is coming from a loan or borrowed money from your parents or friends.
I know what they are thinking and that is thining for easy and fast return which I believe it seems to be impossible this time. We can make money in here easily. If that money is coming from a loan, you are badly in losing because of the interest and it might compromise you when you can't pay it unlike if you start with your own money. This is common to us now and to this kind of investment, It is really not a good idea to make.

my current problem is pull money from that Fu** lovely ATM ... why that machine is programmed to spill 10 bill bank note minimum?

We'll believed how things work here with Bitcoin and other cryptocurrency around the industry. The downtrend in the market place is due to some circumstances which landed the planet earth with pandemic called coronavirus. We all saw that the stock market and cryptocurrency market were hugely affected so the price was down for a longer time now.

Although, the price has started growing up again because of the buy orders from new and old investors. We may be heading towards another new all time high in due time from now before the big event happen in my own opinion.

It doesn't matter when you money loan money or not because the matter is you know how exactly the price movement is. I see often some people here who make a loan and their reason are for to trade which they had know that bitcoin will be up soon. So just thinking about it, you are free to use money but you have to know first before you borrow. Make an analyst first and be sure against it then you will be fine. Cryptocurrency is very dangerous, you can't similar with other investment place like stock market even gold, those are really different.

      I start by saying that even if we go through an unprecedented period, an economic and health crisis, I believe that BTC will not die and we must trust the BTC and the crypto market in general. You can't expect short-term profits, because the crypto market is not a gamble. The crypto market is an investment, and the investments are made in the medium and long term. Also, those who lend themselves to investing in crypto do a fool, because you only have to invest the money you allow them to lose, even if you won't lose them. It's an unwritten rule of the crypto market.

Yes, we can. Just imagine, you have $10,000, you want to invest in bitcoin. You must know that never invest all of that amount in bitcoin because bitcoin is fluctuating, and you never know when the price will increase or decrease. So you can invest from $2500-$7500, and you can save the rest money for another thing. Let say you invest $5,000.

You don't have to buy bitcoin with $5,000, but you need to split it into 2-3 portion to buy bitcoin at various price. That is what I do, and I suggest to my friends, so you can get bitcoin at low, lower, and lowest price if the price is down for more than 1 times.

Investing and trading will not be the same. You should know what you want to do, whether you want to buy and hold or you want to trade daily, weekly, or else. Yes, reducing the risk doesn't guarantee a profit, but you prevent from a big loss. That is one way to reduce or prevent the risk.

Observing the current market, you can't really wait to see your investment grow as there is no significant indication of price increase in the future. The market is too volatile for us to predict that in 3-4 years, our investment will grow. The fact that it is volatile is enough for us to invest in long term even without the need to specify how we will invest our funds. For me, I am willing to invest spare funds of mine, and I am also willing to sell it right, whenever the market shows a good price. That means that I couldn't specify the time I need to invest whether it is long term or not. As long as I have bitcoin's in my wallet, I know that my investment will work.

Markets all over the world are in their low what can we expect?

Thank you everyone for contributing here in this topic
In order to show me respect I wanted to reply everyone here, sadly I can't.
After reading all the posts here I believe you are thinking the same way. If I was not wrong and everything I said above was correct, I hope you people consider thinking about them.

Man, you can't prevent the risk in investing in any kind of investment platform. Reducing the risk doesn't guarantee a profit and prevent a loss.
Nevertheless, investments bares different level of risk, so does in cryptocurrency, depends if you're daily trading, short trade, and long term hodling.
One important factor to reduce the risk level is experience.
But then again, It wont guarantee a profit, because there are still people who has been in crypto space for quite some time and still find it hard to make good gains.

Yes you’re right , there are lots of people who are trading and investing in bitcoin with money that is borrowed. I have even seen the story of a guy here that convinced his dad and his whole family that they should invest their savings in bitcoin and they gave the money to him to invest and now he lost it. Now he doesn’t know how he’s going to tell his family that he lost the money that was given to him. So, it’s really a big risk for anyone to invest in bitcoin with a money that is not their own. That’s the last thing I have ever done.

One of my friends once told me that he wants to give me money so that I can invest it for him, but refused because I know what follows if the price should fall and I lose the money. So everyone is on their own, if you wan to invest do it with your own money.

Any market has its up and down. bitcoin drops very fast in previous days but now recovering slowly to up. the price has fallen to 3800$ anybody capture that price now will be on profit side.Now bitcoin price increasing day by day is good sign for Cryptocurrencies and it total crypto market will come on line in some times.
So bitcoin current situation is looking good not to worried.market is looking for come back once again.

Before we invest in any investment type, we need to learn how we can invest, how the investment will work so we can know how we should treat the investment. People who don't learn about bitcoin investment can make them get to the trap without a chance to make a profit in the future. When they have information about investment in bitcoin, they will be careful, especially if they use the money from taking a loan.

Even if they use their own money, they still need to be careful and control themselves so they can prevent the loss. Although bitcoin investment is a risk, as long as we know how to prevent the risk, we can reduce the risk, and we will have a chance to make a profit.

I like the encouragement that you're giving here and this is ideal to the folks that were in panic last few weeks ago. To mind those people that are using other money for investing, you guys must change that style and it's not a good thing to touch others money.

All of us want to taste how bitcoin's profitability but it's wrong to use other people's money for your personal interest. We are very much trusting bitcoin but despite of that, invest accordingly with your very own funds.

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.

The bitcoin immediately fall down because of the virus rapidly spreading because some of the trading transactions are canceled also some of them does not allow having import and export of the other things and foods also they make a quarantine to make sure they are immediately preventing the spreading of the virus, by that many people pulling out their money and investment because some of them does not want to take the risk anymore and they need to use that money or funds to buy a lot of things they needed for the lockdown on their places. Also, we are looking forward that the market price of the bitcoin will back to the profitable way and many people getting more investment and grab the opportunity to make income for the next days.

Well, always keep in mind that for the investment to be successful you must wait as long as it takes until Bitcoin reaches its Distribution stage, or have at least its bullish trend stage to be able to take profits, if you see Bitcoin As a short-term investment at the moment it is not such a certain movement, because in the world there is a fundamental that affects all markets, I think that for investment it must wait at least until after the Halving of Bitcoin, since at that time Something positive may happen but it is not entirely certain.

It is best to be patient, invest only what you are willing to wait until you make a profit.

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.

2-3 years is considered long-term? Damn. I know it's subjective but in my opinion the bare minimum of "long-term" should at least be like 6 years or so.

I don't think people should be recommending people to invest in a risky asset at all. This is the reason why I really never suggested buying bitcoin to anyone I know personally. I just talk about bitcoin sometimes, and it's completely up to them if they're interested enough to look it up and actually invest.

Today the market price of the bitcoin fall immediately because of the virus spreading and it hits hard to all of the trading transactions, it is good to make the investment because one of the lower prices of the bitcoin fall for over 3.9k dollars and this is good for investment that in the next coming months you will not get a huge income because the halving is coming too so there is a chance it can be double or triple your investment just wait the right time also don't get easily scared about the market price because it is stable today for over 6-7k this time there is a pending process to make it goes up after the virus has a cure and lessen the victims.

Crypto investment is high-risk., meaning you could potentially lose a big amount or even all of your investment. So if you take a debt just to get in crypto investment such as BTC, you just put yourself in deeper trouble.

Everyone can read a Poll: Some Investors Use a Credit Card to Buy Bitcoin and Then Carry Over the Balance. And according to the poll, when asked,

2. (Asked only to those who answered with “C”) After purchasing Bitcoin on your credit card, have you paid off your credit card balance?

a. 77.87% of Bitcoin investors answered “I paid off my credit card balance after purchasing Bitcoin.”

b. 22.13% of Bitcoin investors answered “I did not pay off my credit card balance after purchasing Bitcoin.”

So don't be impulsive when investing in crypto because you never really know, it might jeopardise you in the long run so borrowing money is a bad idea.

If you invest in Bitcoin, make sure that the money used is not going to be needed any time. If possible, it should be your extra savings. Otherwise, you might be forced to give your Bitcoin up for a lower price. Of course, long term investment is more preferable but then there is still no guarantee that everything will unfold smoothly. 2-3 years may be a nice investment term but then unforeseen circumstances may suddenly arise that would cause a terrible performance of the market. We should have realized that by now.

Being scared is normal feeling and most in this situtation are feeling scared for the price of the bitcoin. But if the investment they made in the bitcoin was from the extra money they still relax or calm in this happening right now.

But for the investors who use the money for their needs or not the extra money they are scared and panic because they thinking what if the price dump again so they money will decrement too.

In this situtation we need unity to pump again bitcoin value because we are the investors and users of this coin and we have the power to rise and we are the cause too why it's dumping the value.

I think current situation is nice. With coronovirus thing, everything will go online, that mean that there will be a vacuum of attention online that can be cryptocurrency and bitcoin.

It is not advisable to borrow money for some investments. That decision will lead to only two things:
 Success or Failure
 As we all know, cryptocurrency's volatile market can be an oppportunity to make money. Other make is as investment by buying at the dip. But it is a big NO to get a capital from a borrowed money. There is always a deal "when" that borrowed money will be paid. What if the market goes down and down and it takes so many months before it recovers? How can you gonna pay it?
 
 However, I can say I am the categorized on the first type mentioned above. I do some long term investments. Thus, not making me panic whether the market went bearish. I can wait and I am used to this long term hold.

Totally agree with you. Bitcoin almost every year experiences a rise and fall, and people who engage in cryptocurrency do not panic, but use such situations for their own benefit. Emotions and crypto trading are not compatible. Here you need only cold prudence and the brain.

This is the reason why in crypto, you only invest what you can afford to lose. Because it is high risk investment, it is not advisable to use someone else's money.

People who are in this for long-term are those who believe that bitcoin has future and I think I am one of them. We have seen so many ups and downs of bitcoin, yet, we are still here. Adoption is growing, and so is the demand. I strongly believe that we are still in the positive direction even with the crisis that we are experiencing right now.

The kind of people in your no. 2 I think is predominant in this crypto-sphere. Specially during the boom of 2017, many noobs, lots of them irrational, thought that bitcoin is a get rich scheme. So they learn their lessons in hard and very expensive way, maybe majority have exited, or burned out.

Crypto is very different from the rest of the market, it has become a speculative asset now, meaning it's going to be more volatile, investing is easy, but can you remain in the market if you see the price free falling? or are you going to push the sell button? As far as borrowing though, it has a lot of disadvantages that's why it is not recommended, even in traditional financial markets.

Those people shouldn't have invested at all. Invest only your own money people or you won't be investing but gambling.

By investing someone else's money you're bringing a third party to the mix. This third party will be able to put pressure on you and disrupt your trading strategies and if you ever lose money that third party will come after you. It will happen even if it's your parent. They will remember your mistake and remind you about it scaring you from making bold moves with your own money.

Exactly, that's what we all know.
If you do a long term invest in bitcoin you will get your reward, Always!
Cycle will break and price will rise, don't forget are getting near to the halving check the count down here: https://www.bitcoinblockhalf.com/
For more information about the bitcoin price in the long term I would like to kindly refer you to my post here: https://bitcointalksearch.org/topic/m.53903967
Maybe I'll update the analyze soon.
Much appreciated for your contribution in this topic.

Thank you contributing here
With all respect, I don't know how do you define "falling down" in your language.... maybe decreasing the price from 10K to 3.7k?
Yes, we are all living in the same world and we know about the corona virus panic. The point of writing this topic was to giving some advice
I'll make it clear for you:
1. Invest with your money if you don't need it.
2. Don't panic, the price will rise
About the second part of your comment, I guess you could simply say I agree instead of writing the whole sentence.
And as the panic still exists the price is not stable yet
This is a topic to make everyone calm down. For example, some people they bought BTC on 10K.
However I believe you wanted to just say you agree with me. Thanks again

The price of bitcoin is not "falling down", after the corona virus scare that led to a crash in price two weeks ago, the price has been stable between 6k-6800, and that is not bad imo, the likelihood of losing money is constant/permanent in bitcoin investment, and every investor should know that.
They should not/never have invested with money to be repaid(loaned/borrowed), only if they are new investors, only then can they claim not to know that.

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.

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.