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Topic: How foolish are people who invest in Bitcoin? - page 13. (Read 6650 times)

jr. member
Activity: 238
Merit: 1
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. Idoit ones are those who judge them easily without a good sense, we should remember that they do business, not an illegal thing.
sr. member
Activity: 375
Merit: 250
You are so right about saying that nothing is permanent and eternal. But bitcoin helped many people to change their life, that’s a fact. And other people wanna give them a chance. This doesn’t make them a fool. I don’t understand why people always attacking to bitcoin. Everyone enters their own risk so why this makes them a fool? The world is chancing, let’s be more open minded about new things.
newbie
Activity: 60
Merit: 0
They are not foolish at all they are brave because this is a potential investment option which happened to have after a long time in the world before Bitcoin the world had only few investment options to investors last couple of years like real estates, share market, forex, gold and other with low profit margins but now anyone can become rich quickly by investing at crypto market     
newbie
Activity: 56
Merit: 0
There is nothing foolishness to invest in bitcoin because it will grow again but may be you guys don't have the power to predict or you always want to play by staying in the safe zone.
newbie
Activity: 33
Merit: 0
Do not say it is stupid, investing in Bitcoin is no different than investing in gold or dollars or playing securities. However, the electronic money market in general and Bitcoin, in particular, is a new investment trend and of course, if you pick up the trend then the opportunity to make money is always wider when it is saturated as evidence. There is a huge potential risk, of course, of any market so high profits are always accompanied by high risk, you should determine this from the beginning. Currently, I have sold the bitcoin clean and had the profit that bitcoin brings.
sr. member
Activity: 504
Merit: 250
You’re right when you said nothing in this world is eternal and permanent. This is something to everyone should understand before deciding to invest in btc. And it’s not a bad thing, it’s totally normal. Crypto market is volatile and everyone should enter their own risk when they wanna invest. It’s simple.
newbie
Activity: 96
Merit: 0
I partly agree with you. It's foolish to buy BTC now. But it was a good investment even a few months ago. I jumped up dramatically and now stays between $16-18k. So now it's wiser to invest in altcoins like Ethereum and others. They cost less, so more people can afford it, also the growth rate is better than BTC's.
I disagrre, because in our world there are luck and bad luck that exist. In terms of investing bitcoin you have to make a right decision to become succesfull. You need to think before you invest. Coduct a wise strategy to help you become success in the end.
newbie
Activity: 180
Merit: 0
I think it's cruel to say it, because everyone has his own expressed opinions. And it's only natural when there's that accept bitcoin and some were not. bitcoin is one option for investment from a wide range of investments in the world. Bitcoin itself since it's created is already helping many people in the financial field. And to choose where we invest depends on each of us.
newbie
Activity: 43
Merit: 0
Investing in bitcoin is not a wrong choice, it's not a stupid choice. Actually, it's a good choice. Investors are increasing because they want to get more money than before. They want to earn extra income.
newbie
Activity: 196
Merit: 0
Many people are trying to invest in bitcoin and I find that they also make a lot of profit from it. I believe the future bitcoin will grow more and invest in bitcoin is absolutely the right choice. i think that when more firms enter,it would get even more exposure and hence more demand resulting in price increase. so bitcoin invest is not foolish
sr. member
Activity: 644
Merit: 250
You cannot blame them if they bought on all time high because it was hyped so much last December. But if they bought it for long term I believe they are not yet lost their investment because we all know that Bitcoin will have a value of more than $20,000 in the future.
jr. member
Activity: 98
Merit: 2
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.
member
Activity: 392
Merit: 39
People who invest in cryptocurrency are not foolish.   They are just taking risks. Though they know the risks and disadvantages of investing in bitcoin,  they know the advantages or benefits as well. Try joining cryptocurrency by investing in bitcoin and have a feel of wealth.
Also, they may be joining the most profitable financial vehicle since yahoo stock. They take risks, sure, maybe they will lose all the invested money, but I advocate the view that they also have the non-zero chances to become new millionaires!
newbie
Activity: 5
Merit: 0
I think in this period should still invest and wait. Can not say is stupid when investing in bitcoin
jr. member
Activity: 154
Merit: 1
I think the question should rather be, how foolish are they people who still dont believe in the almighty bitcoin, so it's either you believe in bitcoin or you forget about cryptocurrency as every other coin are tied to btc, my thoughts tho.
As bitcoin is the biggest and the strongest, there are many other great crypto currencies that are catching up!
newbie
Activity: 41
Merit: 0
Investing in bitcoin is not a wrong choice, it's not a stupid choice. Actually, it's a good choice. Investors are increasing because they want to get more money than before. They want to earn extra income. We are all like that. You know, investment comes with risk. You must be a risk taker to get more money. This is like entrepreneurship. But the question is, "Who is really stupid who invests in bitcoin? The answer is simple. The greedy ones who invest almost half of their income in their work are only to invest here. It's not bad to invest but if you use all your money, you will lose everything, investment is only done if you have extra money that does not affect your daily expenses.
jr. member
Activity: 238
Merit: 2
I do not think so. Bitcoins are very valuable and have a lot of potential to grow again, based on bitcoin charts. What we need to do now is to wait and not rush, invest in other virtual currencies.
newbie
Activity: 36
Merit: 0
To me, investing in bitcoin is not a fool thing. Maybe they think so because of the bearish bitcoin prices now. But, if the market price is suddenly rising so I think they would regret taking that statement.
newbie
Activity: 34
Merit: 0
Investing in bitcoin is not stupid, only those who spend in the wrong way and refuse to learn about the new cryptos market are dumb people. If we consider investing in bitcoin or cryptocurrency is stupid then in the world there are thousands of people who become millionaires when investing in it.
full member
Activity: 294
Merit: 100
That is why the value of bitcoin continues to dwindle and continues to grow and it will also hurt the investors and the investment will not be disappointed by the investment in bitcoins.
At present, investors are disappointed but the future is not clear. There are no investment channels without risk, when investing they have accepted many possibilities.
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