Topic: bitcoin goes down, no new rich people anymore - page 4. (Read 3759 times)
Almost a year without new rich people because bitcoin price still down and have impact to altcoin keep stay with lower price, many time bitcoin look lower price and never once time we can see bitcoin keep stable with higher price, without bad news but bitcoin can raise to higher price and look have control with bitcoin to keep down and not go back to higher price.
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
Yes, this has happened to veteran traders in this market. Many people were fascinated by fomo and led them into a spiral of heavy losses. someone I know, made a million dollars from the crypto market in 2017 but 2018 made him lose over $ 1 million. Therefore, we need to have in-depth knowledge and solid psychology before the storms of the crypto market. People who are not alert enough will quickly become poor in a short time. So this is the perfect time for us to learn more about financial markets. 
I know there are some disappointed users who thought that Bitcoin will give them opportunity to get rich over night in a easy way. Reality is not that simple and maybe only early adopters who kept their Bitcoins long enough we can call rich people. But they are only few and there is no need for dreaming of.impossibe.
Bitcoin still gives opportunities for decent profit as long as you have realistc goals and know how to trade and invest smart.
yes, apart from that, it seems like many people think that falling prices for bitcoin make crypto users poor. Well, I just want to clarify that it's an opportunity for those who are late for the train. many people speculate that prices will be high, and when that happens, I believe that a lot of bitcoin holders will become new riches. Most people are just impatient and want instant results Bitcoin still gives opportunities for decent profit as long as you have realistc goals and know how to trade and invest smart.
I know there are some disappointed users who thought that Bitcoin will give them opportunity to get rich over night in a easy way. Reality is not that simple and maybe only early adopters who kept their Bitcoins long enough we can call rich people. But they are only few and there is no need for dreaming of.impossibe.
Bitcoin still gives opportunities for decent profit as long as you have realistc goals and know how to trade and invest smart.
Bitcoin still gives opportunities for decent profit as long as you have realistc goals and know how to trade and invest smart.
People are keep ranting and worrying about the price of the bitcoin, they doing that because they stuck their where their portfolio are negative. They did not cut loss their positions and it is the reason why they still hoping for pump. Most of them do averaging down and for me it is not good strategy.
We should not be worried about the price. Price can up or down as it is the rules of crypto currency. We should wait for pump the price. Don't be panic at the time of falling price.
When bitcoin below $5k many people become poor, how many time bitcoin always have lower price but why can't back to higher price again, what problem faced by bitcoin ?
Consider it as a buying opportunity as when people had bought at 3.5 k and sold at 9 or 10k people have already made good money with this rise and not a real complain ideally one should do it because each fall is a good buying time.
its not depend on bitcoin price, as long as you can take the advantage from crypto, like trading, investing, or maybe mining, you can be rich. what you need is hardwork.
i think, what you mean is no new rich people instantly.
i think, what you mean is no new rich people instantly.
If the BITCOIN NOT GOOD AT THIS MOMENT
Its GOOD time to invest in other coins!
Some coins Volatility is around 20% Up/down in 24h by the time When bitcoin Will be back we Can just play with other coins!
Its GOOD time to invest in other coins!
Some coins Volatility is around 20% Up/down in 24h by the time When bitcoin Will be back we Can just play with other coins!
what caused bitcoin to enter $ 10k a few months ago is inseparable from the influence of Bakkt, and what followed was an instant effect of premature price increases. It needs to be re-thought that to bring in new investors, more affordable prices are needed as a lighter. what is called the new rich are those who patiently buy assets from the lowest price, and not those who enter when the trend begins to reverse.
My fear is that BTC does not have enough adoption happening vs HODL and Whales. In other words the ATH was like 18k then went down to 3.8k or some such. This last round the
high was 13k and dumped to around 6.8k. Well, assuming adoption is not keeping up and the miner capitulasation that we have with miners and halving coming up. We could
potentially 'hover' around 4k BTC again after it all settles out.
Not saying this is gonna happen, but it seems whenever we got around 10K or more a lot of HODL'ers dumped coin..I would hate to see this trickle down effect continue
over the next hear until halving.
Anyway, fears are many with BTC/Crypto..that is my concern.
Brad
what caused bitcoin to enter $ 10k a few months ago is inseparable from the influence of Bakkt, and what followed was an instant effect of premature price increases. It needs to be re-thought that to bring in new investors, more affordable prices are needed as a lighter. what is called the new rich are those who patiently buy assets from the lowest price, and not those who enter when the trend begins to reverse.
It doesn't matter,if you are really trader you will have thousands ways to not lose, dan I'm sure bitcoin will be go to the moon later, I'm very optimistic about bitcoin.
The times will help increase the price of bitcoin.
The times will help increase the price of bitcoin.
The Problem is very simple!
There is no any new investors who will invest into bitcoin.
Only Thing what can help us If the usdt usdc pax or other coins will be minted!
There is no any new investors who will invest into bitcoin.
Only Thing what can help us If the usdt usdc pax or other coins will be minted!
Many people were already rich from Bitcoin when 2017 I guess. because last year was very different from now. where we realize Bitcoin on the market today is so much manipulation with fake news also pros and cons that make the price of Bitcoin crashes quickly. it's the time for traders and investors to be careful in managing investments in Bitcoin.
Every one have invest before 2017 in bitcoin or altcoin become rich people but for investor begin buy bitcoin after 2017 have been poor because price bitcoin down extremely, they have small chance to get much profit with three years after bitcoin raise up above $15k until today bitcoin still down and always with lower price, not chance to get new rich person right now with bitcoin and altcoin price still down.
Many people were already rich from Bitcoin when 2017 I guess. because last year was very different from now. where we realize Bitcoin on the market today is so much manipulation with fake news also pros and cons that make the price of Bitcoin crashes quickly. it's the time for traders and investors to be careful in managing investments in Bitcoin.
Every one have invest before 2017 in bitcoin or altcoin become rich people but for investor begin buy bitcoin after 2017 have been poor because price bitcoin down extremely, they have small chance to get much profit with three years after bitcoin raise up above $15k until today bitcoin still down and always with lower price, not chance to get new rich person right now with bitcoin and altcoin price still down.
I think btc is too expensive.
No new investors no new Capital.
All this institutional money and hype... But the Reality is capital is Not in crypto.
If no new investors ponzi scheme Will collapse.
Halving is Not pushing Up btc Price If the capital Not invested and If there is no signifant need for btc
Btc was needed years ago by black market...
Now what is the btc purpose?
No new investors no new Capital.
All this institutional money and hype... But the Reality is capital is Not in crypto.
If no new investors ponzi scheme Will collapse.
Halving is Not pushing Up btc Price If the capital Not invested and If there is no signifant need for btc
Btc was needed years ago by black market...
Now what is the btc purpose?
Many people were already rich from Bitcoin when 2017 I guess. because last year was very different from now. where we realize Bitcoin on the market today is so much manipulation with fake news also pros and cons that make the price of Bitcoin crashes quickly. it's the time for traders and investors to be careful in managing investments in Bitcoin.
Every one have invest before 2017 in bitcoin or altcoin become rich people but for investor begin buy bitcoin after 2017 have been poor because price bitcoin down extremely, they have small chance to get much profit with three years after bitcoin raise up above $15k until today bitcoin still down and always with lower price, not chance to get new rich person right now with bitcoin and altcoin price still down.
When bitcoin below $5k many people become poor, how many time bitcoin always have lower price but why can't back to higher price again, what problem faced by bitcoin ?
Consider it as a buying opportunity as when people had bought at 3.5 k and sold at 9 or 10k people have already made good money with this rise and not a real complain ideally one should do it because each fall is a good buying time.
Many people were already rich from Bitcoin when 2017 I guess. because last year was very different from now. where we realize Bitcoin on the market today is so much manipulation with fake news also pros and cons that make the price of Bitcoin crashes quickly. it's the time for traders and investors to be careful in managing investments in Bitcoin.
Every one have invest before 2017 in bitcoin or altcoin become rich people but for investor begin buy bitcoin after 2017 have been poor because price bitcoin down extremely, they have small chance to get much profit with three years after bitcoin raise up above $15k until today bitcoin still down and always with lower price, not chance to get new rich person right now with bitcoin and altcoin price still down. Have tired waiting for bitcoin when come back above $16k many investor have move their investment from crypto, I think is possible disappointed with bitcoin investing because they have lost much money with bitcoin where buy price above $15K last 2017, right now bitcoin have down and no new rich people by investing with bitcoin and altcoin but still available become rich person by investing on real estate or gold investment.
No offense but while it is true that you can make profits with real estate or gold that is going to take you decades if you want to obtain results that are similar to what you can get in this market, if you had bought bitcoin at 3000 you could have sold it for at least three times that amount just a few months later, can you obtain that in the real estate market or with gold? And even if you could this particular year has not as being as good as some of the previous ones so it is likely that during the next years we will obtain even bigger profits. Jump to: