Topic: bitcoin goes down, no new rich people anymore - page 22. (Read 3799 times)
Maybe not everyone suffered a loss because the price of bitcoin fell a few years ago even now there are those who become rich with bitcoin and other altcoins, in Bitcoin this is not Mulu because the price is expensive, but most importantly how we invest and trade in bitcoin and This altcoin, if we are a clever person in both of these things, we might not experience any loss at all
omg, almost got heart attack when I saw your thread's title because 1 hour ago price was well. Why did you create this thread? According to coindeks, bitcoin has +1% rise as for now, so why do you discuss about thing that's not happening now? Bitcoin doesn't go down, if it was going in past, that's a whole different subject and similar threads were alrrady opened at times when it was really happening.
You are not the only one with market stress issues. This kind of title can make a man go wild. 
It's time to hold on to the OP thinks that bitcoin is down no new rich people. It's a ridiculous title, but we can see this and a lot of panics. To see this we need time so that bitcoin moves up and can benefit people to add to the coffers of wealth.
The usual thing in my opinion is that there is a downward trend in bitcoin now and if we look at many people who still benefit from cryptocurrency 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
It's like an April 1 fool's day post to me, I'm checking the price of Bitcoin in the market and see what is really happened but this post do not have relevancy in the market movement, everything seems going fine in the market, and there are new people getting richer daily, because of the price upward movement.
If rich people invest because of price rising then they are stupid.
No they arent. That is only what you call a strategy . they are infact smart because they discovered this risky strategy . once bitcoin price increase or pump , there is a chance that the increase will continue so why tire yourself waiting for the dip when you can start buying at highs and expecting to earn a quick profits ?
seeing bitcoin go down does not mean that no new rich person is in the stage
Right meyt . rich people are still here and they are still hodling or waiting for the right time to enter and to make a move . one example is a bitcoin whale , they are rich and they wont leave the bitcoin scene no matter what happens with the price .
If rich people invest because of price rising then they are stupid. Smart people will wait for the lowest point in the market so when the price drops its an opportunity to earn even more and if you can do a correct analysis of the market then you can even encounter trends which can yield you high profits like 3-5% of your invested money in that coin. Patience is the key while trading.
The richest people are richer because they own more bitcoins like the whales accumulate more. As for people going bankrupt, I'm not surprised but it's a reminder for everyone to repeat Bitcoin is not an investment. I guess some need to learn it the hard way.
Now you say the price goes down, yes if we compare to 2018-2019, but it went from $4k to 5,5k the last 6 months so I would say the price is going up instead
Now you say the price goes down, yes if we compare to 2018-2019, but it went from $4k to 5,5k the last 6 months so I would say the price is going up instead
Well, if you are talking in the parlance and language of investing in cryptocurrency, then I guess you have a point. Those early adapters and those who are risk-takers in terms of investing in the market are the ones that really capitalized in earning through the cryptocurrency market; however, despite Bitcoin falling down in value, it is not really assured that it would stay down and won't get back up again. One of the characteristics of cryptocurrency, especially Bitcoin, is the fact that it can regain and surge up in value. So, saying that no more people would be rich and gain from it is, in fact, premature as there will always be more chances for it to gain value.
Unlike the market trend there are more and more people getting succes through the cryptocurrency trading platform. This can be of luck or through the skills one holds. Trading is the best source to make people rich, maybe it is little complicated but the outcome is good when you have got the mind to learn and make yourself an expert.
Even though i'm still a newbie I am aware on the current situation of the market, and as a newbie I always make some time and effort to learn and enhance my knowledge so I can make wise decision. Just like some other newbies i'm in doubt whether to take the opportunity or not its is a difficult decision because its hard to take some risk when you don't know the possible outcomes of your actions. We can either earn or lose some money, some of you had experience it and I know that its the worst some of you regret your decisions but actually losing is also part of being a trader. It will be your choice if still want to continue despite of the things that happened to you. As of now i'm looking for an exchange and I want a good one, my friend suggested darb exchange which I am not familiar about. I have decided to look for some information about it and it turns out good. It is a good trading platform that help newbies to trade well because of their demo account, it has fast transaction in transferring funds and assets. It can also be a crypto wallet and has high security level, well those are the things that I am looking for on a good exchange but i'm going to look for more details to make sure. 
We are not crazy, we know bitcoin now are going up the value so why did you said that!? Because of the growing value of bitcoin again many people now again become new rich people and those people become richer because they can get more profit because they purchased bitcoin last 2018. You are not become rich for sure because you give wrong informartion to the bitcoin.
I think we really need this cryptocurrency space for both the Smart ones and the ones not smart, how do you think the whales, who I see to be very smart people makes cool money from these crypto space?Because they take money from the ones not smart to enrich themselves, if the market is full of all smart people, then volatility will not be there for people to make money.Everyone will be very smart to watch each other’s movement, it is not only the whales that are also smart, the smart ones in this industry also exhibit some characteristics that make the wealth of the weak ones to be transferred to them, so we also have the smart less people in this market that is making the market fun.
A thought that looks superficial, seeing bitcoin go down does not mean that no new rich person is in the stage of adjusting and staying in control of the assets they have. As time goes on, there will definitely be a good chance to continue collecting crypto.
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
where do you get your datas? did you do a survey hahaha your so funny
or maybe you are one of those soar looser
go and study your risk management , and for sure traders are happy with this up and down market
It's time to hold on to the OP thinks that bitcoin is down no new rich people. It's a ridiculous title, but we can see this and a lot of panics. To see this we need time so that bitcoin moves up and can benefit people to add to the coffers of wealth.
You don't incur any losses until you sell your coins. The main problem with investing in Bitcoin or alts is that everyone expects BTC to make them super-rich overnight. They are not ready to wait. People are ready to wait for 3-4 years to get returns from stocks, they are ready to wait for 5-6 years to get returns from bullion and they are even ready to wait for up to 20 years to get returns from treasury bonds. But waiting for 2 years with crypto-currency seems so hard.
Most wealthy people haven't even touched crypto yet. Trust me, there is a ton of room for new investors. Just look at how much wealth the gold market captures and if bitcoin just capture a fraction of that it will grow to a new all time high.
i want to believe there is a regulation behind it, the market value is improving but the token value is not complementing the growth,sincerely for now, i don't think anyone is getting really rich as we have thought it should be. i still think that status quo is temporary, since we have not experienced another bull run
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 think the rich people are still here and they are all still investing on the top coins right now because of the price being low at the moment. They're only waiting for the right time to sell for huge profits.
I understand your intention why you posted this and that is to make fun of the holders and investors of bitcoin mostly those who have lost a lot because of investing at the wrong time. First, you're wrong that the price of bitcoin dropped, you are still sticked to the prices of all time high and if you have seen the price few months ago, it was $3k-ish and that's the low. No new rich people arrived? means that no big whales? come on, if there's a whale that will invest, do you think that it will be announced? Make fun of investors and holders but I don't know what you'll say when the market rises suddenly.
Im sorry that just my opinion...😊😊
That depends on defintion of being rich that might vary from person to person. But to my opinion rich people are only early Bitcoin adopters who kept their coins long enough.
Anyway, if you set your goal to get rich with Bitcoin this is kind of utopia from my point of view. You might get decent profit if you stay involved in Bitcoin long enough but be also prepared for occasional losses. I think that big majority who expects great deal of money ends disappointed.
Anyway, if you set your goal to get rich with Bitcoin this is kind of utopia from my point of view. You might get decent profit if you stay involved in Bitcoin long enough but be also prepared for occasional losses. I think that big majority who expects great deal of money ends disappointed.
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
Do you think we still need rich people in this community ?Because I really don't think so. Talk about these rich people, what good do they bring to this community ?
To be sincere, it's quite nothing. All they do is come to fill in their pockets and get richer. They come and they invest billions of dollars and cause the market price to run up and when it reaches their target profit, they will withdraw their money and the market will fall again. They have gotten and made a lot of us here to lose our money, and of course, the lucky ones do gain from the bubble. But, these rich guys are only making themselves more rich and they don't care about this community.
I think they shouldn't. Bitcoin is not something so weak that it won't survive without caring of some rich people or whoever. Can you imagine Apple Inc. counting on support of a group of people? Bitcoin is way better. It will thrive regardless of this or that group of people intentions and actions. It is those groups who will suffer from not adopting Bitcoin in the end, not Bitcoin itself. To me Bitcoin is like the Internet. There are still groups of people that restrain themselves from using the Internet, but it is them who are suffering from that, not the Internet.
The chances of creating the new people who are rich in the future is available because they are the value Trump will helpful for the people to put investment and made their future to be brighter that is the thing that happened today situation
I think in the future no one will know how the world economy is, it is possible that before touching the future all rich people have other choices besides bitcoin, they might consider bitcoin not too good anymore, but from the total supply of bitcoin I am very sure bitcoin can do price increases.
Jump to: