bitcoin goes down, no new rich people anymore - page 26.

FlightyPouch

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Quote from: PedroSuketteki on May 01, 2019, 03:06:49 PM

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 know if this is a post of sarcasm but all I know is that these people that is rich is not that stupid to stop and only rely on Bitcoin and other crypto currencies. It is obvious that they also have a lot of other investments and that is not only Bitcoin. If you will be asking me, they may suffer a loss this time but I know they are taking this opportunity to buy again since the price now is getting higher and higher.

GregH37

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Quote from: PedroSuketteki on May 01, 2019, 03:06:49 PM

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

You are quite getting it wrong, people are not losing anything as long as they dot panic sell, for the fact that there was a drop in price does not mean it will not rise back. Even those who bought at the last ATH, they still have the value of their coin and no matter what they invested then that has decreased in value, they will still recover it back when the next bull run comes, so how have they lost their investment.

The fluctuation and dumping you are still talking about, these people you mentioned are still grabbing the opportunity to do short trade and cover up their last investment. Since bitcoin have been in bear market, I have made money doing trade with its volatility and got more than what I even invest within the last ATH.

nur rochid

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as long as I observe at this time, bitcoin has entered a resistant area, and if this area breaks down, there will be many new rich people once again. therefore we wait for the results after this, hopefully the resistance area will break and cause an uptrend

Japinat

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Bitcoin is up now, so rich people will once again come back.

If you notice the volume, that would simply tell that they are investing once again, you are really new in the market, you have to make a research and study the market history so you will know that market can bearish or bullish, and to tell you, we in the bullish trend now.

onrise

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Quote from: Adriano2010 on May 02, 2019, 01:05:25 PM

So many FUD, bitcoin price was were was and this happen because a lot of people sell, but now bitcoin will grow and will reach a new ATH if not this year than will happen next year and who hold will get a profit.

People does sell out when they get their profits and when big whales enter the market they buy and sell in a lot and thus market rise and fall in a big way . So always be careful at times and yes this year will be a big one for crypto rise .

davinchi

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Quote from: omone1 on May 02, 2019, 07:55:35 AM

Bear or Bull market, new millionaires are been created from bitcoin trade and its market. People that do buy heavily invest in bitcoin when the price retracts and sell when it bounces back are making thousands of dollars from the volatility. Friend bitcoin still make people rich than our traditional institutions despite the bearish market.

Leave the OP to be there mocking these people while the people he speaks against are making so much money even in this present condition, every one of us know that bitcoin is a long term investment and many investor or holders already understand this, and even if the value of their holdings has dropped, it will still increase back with more profit on it when the right time comes.

I think the OP has little or no knowledge of what the whole crypto investment idea is all about, the ones even trading that would have back up his claim are still making money in this bear market.

omonuyak

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Quote from: PedroSuketteki on May 01, 2019, 03:06:49 PM

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 really need time to study how bitcoin began and from a humble background to become a currency that is now competing with some major currencies around the world. Bitcoin do not make people lose money rather it has made many of us very rich.

Irvinn

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Quote from: PedroSuketteki on May 01, 2019, 03:06:49 PM

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

Over the past month, Bitcoin has risen in price by more than a thousand dollars. Recently, its price has dropped from $ 5,600 to $ 5,250, but over the past few days, its price has risen again and is now at $ 5,500. In my opinion, everything is not so bad. If May will be the same for Bitcoin as it was in April, it will be very good.

Adriano2010

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So many FUD, bitcoin price was were was and this happen because a lot of people sell, but now bitcoin will grow and will reach a new ATH if not this year than will happen next year and who hold will get a profit.

finaleshot2016

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That's not true, did you know that there's a lot of people who became rich because of bitcoin? If the bitcoin is very low it doesn't mean that no one will become rich. There's a lot of factor and advantages if you're being wise on handling your investments. I know a lot of people who're getting rich because of cryptocurrency so this is not true.

Kindly check some articles of people who keep going because of constantly earning profit in bitcoin.

Ranly123

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Quote from: PedroSuketteki on May 01, 2019, 03:06:49 PM

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 know if your are insane or what, you seems to be happy seeing people at loss. Don't worry, it's just a little dip and most probably Bitcoin price will surge high again. I any case, I don't like you making fun on people's loss though.

CoinEraser

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Quote from: PedroSuketteki on May 01, 2019, 03:06:49 PM

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

Just wait and see. It's more than normal that prices go up and down. I wouldn't look at it so critically and try to survive the bear market. Only those who are patient will see that it is worth waiting and if you invest at the right time, that you can also make a profit. I'm speaking from my own experience of the last few years. Wink

Indrawan77

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I think op statement is too exaggerated, when you want to invest in something you need to know the tisk and constantly checking the status, when something is not too good you can exit, but we also need to see the potential of the investment, bitcoin got a very good potential to rise again and the rising could be really high, so I think this dropping can be the chance to make the new millionaire to exist

ancafe

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we do not know whether there will be new rich people or not when the price of bitcoin decreases, but for those who can take advantage of those moments, I think it can make him rich. well, we don't know that, because people who profit from this won't show it off

yanetriwidia

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yes some of my friends also fixed the same thing, which was bankrupt with a very large nominal, ranging from small to thousands of dollars, who were horrified there were those who sold assets such as houses and others which ended in bankruptcy, this is very unfortunate because there are some people who don't understand basic play in crypto

omone1

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Bear or Bull market, new millionaires are been created from bitcoin trade and its market. People that do buy heavily invest in bitcoin when the price retracts and sell when it bounces back are making thousands of dollars from the volatility. Friend bitcoin still make people rich than our traditional institutions despite the bearish market.

coin-investor

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Quote from: shield132 on May 01, 2019, 03:37:56 PM

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.

I think this guy did not take his medicine or posting while drunk, where in the world did he got his data, is this guy comes from the future to predict something that is not yet coming or just an idiot who does not know how to read a chart Cheesy

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Bitinity

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Quote from: PedroSuketteki on May 01, 2019, 03:06:49 PM

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

How can you be so sure that there is no new rich people and many people went bankrupt just because the bitcoin price is dropped lately? Are you the one who lost some money due to the price drop and now you are laughing at yourself LOL.

Cherylstar86

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Quote from: Muzika on May 02, 2019, 05:03:30 AM

Quote from: shield132 on May 01, 2019, 03:37:56 PM

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.

Maybe for the sake of creating a post without sense, if we compare the price it really a better one compare to the price way back couple of months that is playing around 3500$. Also it is good for creating a profit because the movement of value really helps the trader to had a profit.

The current scenario was heading up and it is obviously a good sign for us to become one of the newest millionaire who patiently keep optimist and determined to engage positivity for every shortcoming that market has filled off. People who hold their asset as this time will claim massive profits and became successful for their investments. So I prefer to wait more time until it will hit the desirable peak.

talkbitcoin

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All I know is that I know nothing.

sorry that you lost a lot of money but it had nothing to do with bitcoin price going down. now you are lashing out.
the reason why you lost money was because you made bad investment decisions and was expecting the price to continue to shoot upwards and make you a millionaire overnight. well that is not what happens in reality. Wink

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