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Topic: bitcoin goes down, no new rich people anymore - page 18. (Read 3797 times)

legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
It is not that it no longer rises, at some point it must go down and up, the market is currently in an accumulation stage where a large amount of purchases is present in the market, this means that there are new investors entering the market. This has as a direct consequence that the market is entering a large amount of purchases and there are many buyers who do not care about the price.

Now there is a lot of new investors, maybe because of the BAKKT, who already have the green light to be able to be legally because they have the supervision of the SEC, for now I do not think I'll even make a correction, what comes for now it is possible that a lateralization of the market may arise and may continue to rise, since the volumes that have been seen are pure purchases.
full member
Activity: 588
Merit: 101
Daily more people are getting rich through bitcoin and other cryptocurrencies. It can be through trading, gambling, mining or various other services and in specific holding. Users who invested at least $10000 - $15000 by January month of ongoing year probably could have turned rich if he's in a third world country.

A lot of people managed to enlarge their capital even if they invested in Bitcoin this year. Let us say they spend tens of thousands for BTC when it was about 4K, and later, they sold it for 8K, now they are waiting for the next investment.
sr. member
Activity: 658
Merit: 251

that's just a slight adjustment and now its price has increased to $ 8600. This is definitely not your pleasure. haha
Best of all, you should find ways to invest in the right time and manage risk instead of just investing by word of mouth. Cheesy

yes I think so, the market price movements certainly come down and up so that before making an investment you have to know the momentum when to buy and when you have to sell it, I am always optimistic that the bitcoin price will reach it's highest level.
jr. member
Activity: 66
Merit: 1
because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa
Maybe you are not serious about Cryptocurrency or about bitcoin well its sad that you write a thread like this to spread fud. Well nothing in this earth will be forever but as long that have opportunity grab it like in crypto. Bitcoin will be useful as long people used it and as long people invest or buy bitcoin it will not bankrupt because it's not centralized.
sr. member
Activity: 882
Merit: 250
because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa
before starting an investment with crypto currencies or altcoins, of course, investors must know all the risks that will be obtained and be able to get rich by investing in crypto currencies is a fortune that is very extraordinary
The average person who gets a big loss is those who really can't do management with good investment. and tends to be passionate about the increase in the altcoin. at this time we know that the more losses that occur as a result of this.
wrong strategy to cause price loss. with a wrong analysis of course you have to decide on the next step. we must be able to survive in all market conditions. when we are bearish we also have to make a profit
many people make basic mistake in trading or investment.they didnt selll their assets when they know it will be down sharply.and now we heard many people shouting they suffered alot of loss ,asset value decrease alot and not patience to wait till market recovered.
full member
Activity: 241
Merit: 100
because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa
before starting an investment with crypto currencies or altcoins, of course, investors must know all the risks that will be obtained and be able to get rich by investing in crypto currencies is a fortune that is very extraordinary
The average person who gets a big loss is those who really can't do management with good investment. and tends to be passionate about the increase in the altcoin. at this time we know that the more losses that occur as a result of this.
most of those who were harmed yesterday were people who held back for so long, and did not take advantage of opportunities to sell their assets when prices were high. however it is a common thing on the internet. however, falling prices are also an advantage for investors who are waiting for low prices. maybe that can make them profitable. price reductions also do not guarantee that people become a 100% loss because of volatile prices.
member
Activity: 459
Merit: 10
because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa
that's just a slight adjustment and now its price has increased to $ 8600. This is definitely not your pleasure. haha
Best of all, you should find ways to invest in the right time and manage risk instead of just investing by word of mouth. Cheesy
member
Activity: 700
Merit: 10
because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa
before starting an investment with crypto currencies or altcoins, of course, investors must know all the risks that will be obtained and be able to get rich by investing in crypto currencies is a fortune that is very extraordinary
The average person who gets a big loss is those who really can't do management with good investment. and tends to be passionate about the increase in the altcoin. at this time we know that the more losses that occur as a result of this.
wrong strategy to cause price loss. with a wrong analysis of course you have to decide on the next step. we must be able to survive in all market conditions. when we are bearish we also have to make a profit
hero member
Activity: 1638
Merit: 505
because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa
before starting an investment with crypto currencies or altcoins, of course, investors must know all the risks that will be obtained and be able to get rich by investing in crypto currencies is a fortune that is very extraordinary
The average person who gets a big loss is those who really can't do management with good investment. and tends to be passionate about the increase in the altcoin. at this time we know that the more losses that occur as a result of this.
hero member
Activity: 2940
Merit: 613
Winding down.
During bear or bull run, people still make lots of profit. Some who were acclaimed to have gone bankrupt during the intense bear Market are reaping the profit of HODL. And I believe there is still be to come as the market is still trying to hit its gear to a huge bull run. Right Now,  Bitcoin is still trying to surpass the $8k mark and it will. Patience is one of the virtues of those who will make gains in this flunctuaing market
Yes. The market is really gaining a good price increase as of this moment and hopefully it it will reach a high peak again in the next few days. If you are patient enough to hold your coins until you see your goal price to sell, you will surely make huge gains but if you are not patient and won't take risks in crypto, you will surely end up losing too.
sr. member
Activity: 798
Merit: 251
because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa
before starting an investment with crypto currencies or altcoins, of course, investors must know all the risks that will be obtained and be able to get rich by investing in crypto currencies is a fortune that is very extraordinary
copper member
Activity: 242
Merit: 18
Proof-of-Stake Blockchain Network
During bear or bull run, people still make lots of profit. Some who were acclaimed to have gone bankrupt during the intense bear Market are reaping the profit of HODL. And I believe there is still be to come as the market is still trying to hit its gear to a huge bull run. Right Now,  Bitcoin is still trying to surpass the $8k mark and it will. Patience is one of the virtues of those who will make gains in this flunctuaing market
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
I think in terms of investment or a loss trader it is a risk that not always the btc price will continue below, I take advantage if btc falls time to buy and hold until the price rises
Holding is the most effective method in becoming rich.
But I tell you, better not expect to be rich so you will not be able to get greedy, just be calm and maybe set a long term goal before selling.
With that, whatever the market movement is, you will not be affected as you are strong in belief that market will recover and you will benefit on your investment.
sr. member
Activity: 1988
Merit: 453
I think in terms of investment or a loss trader it is a risk that not always the btc price will continue below, I take advantage if btc falls time to buy and hold until the price rises

I never recommend purchasing coins when the prices are going down. It should be done only when the prices stabilize. Else, what will you do in case the exchange rate continues to go down? In the end, you will become desperate and may be forced to sell your coins at a loss. IMO, the best thing to do when the prices go down is to remain calm and hold on to your coins.
full member
Activity: 826
Merit: 100
because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa
I don't think it is like that before starting the investment with crypto currency, I think we already know the risk that we will get, one of the future developments will be rich in crypto currency investment, meaning investors are good at taking advantage of investment opportunities.

That is right. Doesn't mean the price of bitcoin dumps, they lost a lot. Loss is inevitable in investing and that is normal, and not be laughed about. I think the OP laughing about this means he knows nothing and what he only know is that the price drops and people will be regretting we invest in it. The OP posted this on May 1, as far as I know, the price of btc at that time is still lower, the price since then pumps and I think the OP is embarrassed by this.
I think it depends on where we are. when the price goes down, if we just let go of assets, we profit. when the price drops if we start looking for a position to buy, it means we are just starting to enter the market and get a low price, have more profit opportunities
sr. member
Activity: 1148
Merit: 252
I think in terms of investment or a loss trader it is a risk that not always the btc price will continue below, I take advantage if btc falls time to buy and hold until the price rises
sr. member
Activity: 1638
Merit: 300
because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa
I don't think it is like that before starting the investment with crypto currency, I think we already know the risk that we will get, one of the future developments will be rich in crypto currency investment, meaning investors are good at taking advantage of investment opportunities.

That is right. Doesn't mean the price of bitcoin dumps, they lost a lot. Loss is inevitable in investing and that is normal, and not be laughed about. I think the OP laughing about this means he knows nothing and what he only know is that the price drops and people will be regretting we invest in it. The OP posted this on May 1, as far as I know, the price of btc at that time is still lower, the price since then pumps and I think the OP is embarrassed by this.
hero member
Activity: 1022
Merit: 500
because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa

Well, that maybe in your mind and opinion dude. But as the price of Bitcoin, it is actually closed to 10k$ each, probably this things could possibly happen by the month of June I think. Although, it is indeed true and correct that lot of community got loss their coins but those people are the one who became impatience on holding their coins.
hero member
Activity: 2996
Merit: 609
because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa
Why wont you consider for those people who do took profit on btc bigtime would comeback again on BTC? Arent you aware on the price
progress of btc itself,considering that it did dropped down to 3k and now we are on 8k range.I do much prefer on seeing these gradual
price increase than on huge spikes.It doesn't really need completely to have those rich people but we do need more on adoption worldwide.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
Bitcoin after several price fluctuations have stood strong and after a long the price have been increasing from the month of April. Now we have crossed $8000 which is the ath of the year. Further we can see more growth in the upcoming days. Rich through bitcoin still happens, people who invested by January have now could have taken back the profit.
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