How foolish are people who invest in Bitcoin? - page 12.

dlhezter

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Quote from: Xising on August 10, 2018, 09:22:07 AM

Quote from: inturist on December 15, 2017, 05:34:59 AM

If I invest money that I do not mind losing, why not.
Not very clever those who take loans to buy cryptocurrency or sell their homes to buy Bitcoin.
Nothing is eternal.

Well, I feel the same, but instead of saying that I don't mind losing. I just try to keep my hopes up and believe in the system. I try not to make it difficult for myself because overthinking just leads to so many doubts and fears that could affect how I push through with my investments and see the market in general. I don't think people who invest in Bitcoin and other cryptocurrencies can be labeled as foolish because it's just how any market works, there are risks involved in it. You win some, you lose some. But, if you really believe in what the market can do, then you can actually make it work.

They are not foolish , people who are investing in coins have some trust on it and the potential of it to grow, investing in Bitcoin will no make you foolish but it will make you rich, people who are saying that investing on it is foolish, then when the time comes for bitcoin bull price those people will return in investing on it, those are the people who are so called foolish or the weak minded.

gooddly

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Why are these people stupid? For example, now is the time to invest in bitcoin, and if the enclosed amount increases by 2, 3 or more times, calling them stupid is exactly untrue.

Xising

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Quote from: inturist on December 15, 2017, 05:34:59 AM

If I invest money that I do not mind losing, why not.
Not very clever those who take loans to buy cryptocurrency or sell their homes to buy Bitcoin.
Nothing is eternal.

Well, I feel the same, but instead of saying that I don't mind losing. I just try to keep my hopes up and believe in the system. I try not to make it difficult for myself because overthinking just leads to so many doubts and fears that could affect how I push through with my investments and see the market in general. I don't think people who invest in Bitcoin and other cryptocurrencies can be labeled as foolish because it's just how any market works, there are risks involved in it. You win some, you lose some. But, if you really believe in what the market can do, then you can actually make it work.

Renu kapoor

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All people are not foolish who invest in bitcoin only those who go against the market rule which tells never buy when the market is high, and foolish people buy at 17k-20k that was a peak time of bitcoin after that now market is zig - zag and they are against cryptocurrency and bitcoin, actually buying at low and sell at high is the first condition of the market.

taeewo

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Investment in bitcoin is never a bad decision, its the future projects but might not be quick money making investment, those that invest and believe in it will have the gain in future.

Bitcoinislife09

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Quote from: Pe4kin on December 15, 2017, 04:13:26 AM

How many idiots who decided to invest in bitcoin!!!!!!!

It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
And as it grows from 1.5 to 1.7.....

In recent days printed 180 million tether and still no big growth....
Lending on the stock exchange came to a billion dollars.
The credit rate on the day was a record and more than the 0.103%.

This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.

So began a process of growth needs the infusion of more money.... They're gone.

I think the joy of endless growth to an end this weekend.

Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....

I don't really get this post. Investing in this newly introduced system really takes risk. It only just began and people are trying, testing and want to know how the system work. Being the first decentralized system and cryptocurrency will really need time to adjust for the economy. I wonder the reason why you entered bitcoin. If you also invested here then you also consider yourself a fool? I also believe that there is one thing permanent in this world and that is CHANGE.

nancyjewelmcdonie

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If its all the same to I contribute cash that I losing, for what reason not.

Not exceptionally astute the individuals who take advances to purchase digital money or pitch their homes to purchase Bitcoin. Insane or not there are as yet inhabited contributing regardless of whether the cost is at the pinnacle, I truly think this isn't the finish of the expansion of the cost of bitcoin, and there are such a great amount for us to go in a wide assortment of significant worth, and as I would like to think if the last square isn't mined yet there is a plausibility that the cost would in any case increment. I don't think putting resources into bitcoin is a doltish venture. I see the potential benefit of bitcoin is enormous. Numerous individuals are attempting to put resources into bitcoin and I find that they likewise make a considerable measure of benefit from it. I trust the future bitcoin will develop increasingly and put resources into bitcoin is totally the correct decision.

polyballz

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Quote from: Pe4kin on December 15, 2017, 04:13:26 AM

How many idiots who decided to invest in bitcoin!!!!!!!

It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
And as it grows from 1.5 to 1.7.....

In recent days printed 180 million tether and still no big growth....
Lending on the stock exchange came to a billion dollars.
The credit rate on the day was a record and more than the 0.103%.

This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.

So began a process of growth needs the infusion of more money.... They're gone.

I think the joy of endless growth to an end this weekend.

Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....

The idiots are people who sell bitcoin cheaper than the purchase price, and I don't think there is a peak value of cryptocurancy, everything is possible because this is crypto market demand, and Bitcoin can reach a higher value because of its rarity, it's like antiques bargained by the collector.

mwpakpak

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People that invest in bitcoin is not foolish, either they see that they can make profit from crypto or they truly believe what crypto will be able to achieve in the future.

Fretcy

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I don't agree with the saying that people who invest in Bitcoin are foolish . First of all we have to find out for what purpose did the unknown person Satoshi Nakomoto created this Bitcoin technology . He invented Bitcoin for the love of humanity . He invented it as an electronic cash for using all over the global system without any third party interference in it. For the transaction there is no need of identity to be revealed and the transaction can be done fast and low fees.

Malamok101

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I did not regret myself when I bought a bitcoin because in the future the price would increase as much as the bitcoin in the early hours.

bajingluncat

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this sounds like the words of a desperate person, it's true that there is nothing eternal in this world but I believe btc will still last even longer, who says that people who join btc are stupid? although most do look like dreamers but still they use their mind and logic in making every decision, if they are stupid, btc won't last all this time and no one will benefit from it but in reality many examples of people who change their lives for the better with btc, so stop complaining and say everything will end it just aggravates the atmosphere and is useless, we are not fools here and will not accept being said to be fools

burky156

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The foolish people are who invested bitcoin after big raise. Think about if you bought bitcoin from $20.000!! I would kill myself i guess:) In all the business this happens. Something goes well and people make money from it, a sweet business, and everyone starts to know about it and everyone invest it.. And the falls begin that time. So you should be early investor in any kind of business, otherwise you loose..

Dopedealer

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These days in the UK I can make instant and free payments with fiat. I don't need bitcoin for that, I need bitcoin for sovereignty over my money.

johnwest

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As the OP is discussing from a different time frame, when the price hit its peak, lots of things changed after that and we may see those days again in the future. That might be the peak value for cryptocurrencies.

Rockernewf

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Investing is not foolish I think, foolish is not knowing what you invest in and borrowing money to trade.

Slayer21

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We can not say they are foolish, perhaps they has an initiative that they want to earn out of business such as buy and sell of bitcoins in the market. And even trading it on market.

Pan Troglodytes

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Quote from: Sergey698698 on August 07, 2018, 04:47:26 AM

You're wrong.The issue of bitcoins is limited.This asset is currently less risky than other cryptocurrencies.People want fast money and they can't get away with it.

Maybe for a cryptocurrency Bitcoin is relatively safe, I agree. But still, this is overall (if compared to other assets, and I have gold in mind here) very risky. But also offering great profits. There are no profit possibilities without any risk.

jrd2828

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How could say it foolish? Investing bitcoin is worth it. You just meant it because bitcoin now slowly falling down, but if you are patience investor, well you will never regret it. Well investing bitcoin is not easy should I say it is risky. If you are not a risk taker , then you are not deserve to be part of world of bitcoin.

needtor22

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I don't think that investing in bitcoin is a stupid investment, for us to believe that investing in bitcoin is a positive investment in the way we make a lot of money, so we also believe investing in bitcoin is also good for us to last a long time.

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