Topic: How foolish are people who invest in Bitcoin? - page 14. (Read 6650 times)
For me, it is not so foolishness to invest in Bitcoin. People only wants to get and gain profit so they take several risks. Having been able to deal with so many risks while investing is the true and deserves to be called an investor. Bitcoin now is truly at its downfall and people that invest in Bitcoin is always hoping to its bounce back to gain the profit. Bitcoin for me is a good medium to invest with.
Maybe yes for some people who made the decision to buy Bitcoin when it price was 15k$ then when market fall they got panic and sell all at 8k$, what really happened to this person? He is trapped in the fud of people who don't have tru believes in Bitcoin.
Today, the price has around 6k$, if we want to do something stupid analysis, how much chance that Bitcoin will be going to worthless and fall more dip to 5k/4k/3k$ or more dip rather than Bitcoin will have to recover and bull trend makes it to 10k/15k/20k$ or even more in 1 year or 2 years. Of course the answer is the value of Bitcoin is likely to rise, what we need now is many good news as a trigger for the market to react to the green area, all of us certainly still wait and believe on that.
Today, the price has around 6k$, if we want to do something stupid analysis, how much chance that Bitcoin will be going to worthless and fall more dip to 5k/4k/3k$ or more dip rather than Bitcoin will have to recover and bull trend makes it to 10k/15k/20k$ or even more in 1 year or 2 years. Of course the answer is the value of Bitcoin is likely to rise, what we need now is many good news as a trigger for the market to react to the green area, all of us certainly still wait and believe on that.
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.
When you are deep deep in profit, like you bought at $250 or less, even a crash wouldn't be the end of the world.
The price is $18k, that is crazy! I have taken profit but and still holding and hoping for more.
Tether looks dodgy as hell and might be the reason for the eventual popping of the bubble, but until then it is a lot of new money pumping Bitcoin to ever higher heights!
I don't feel too much like an idiot, I feel like I am already in profit, even if my remaining Bitcoin were worth zero. I don't really need the extra cash for anything, so I am waiting to see where this crazy rise goes!
The price is $18k, that is crazy! I have taken profit but and still holding and hoping for more.
Tether looks dodgy as hell and might be the reason for the eventual popping of the bubble, but until then it is a lot of new money pumping Bitcoin to ever higher heights!
I don't feel too much like an idiot, I feel like I am already in profit, even if my remaining Bitcoin were worth zero. I don't really need the extra cash for anything, so I am waiting to see where this crazy rise goes!
No...i do not think investing in bitcoin is a stupid investment. I see the potential profit of bitcoin is huge. 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.
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.
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.....
Investing in bitcoin is a great choice because all people in the world are being practical because anything in this world needs a payment, everything you have is not free, even the service needs a payment, using bitcoin many people can have and earn a lot of money because nowadays, money is more important because money can do anything, for me money is the more important thing because uf you do not have it you will die and because of money we can live in this world because anything we eat and we use needs to be payed. Maybe bitcoin will end but atleast it helps us to prepare for our future. 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.....
investing in bitcoin is a stupid investment. I see the potential profit of bitcoin is very large. Many people try to invest in bitcoin and I find that they also make a lot of profits from it. I'm sure the future of bitcoin will grow more and investing in bitcoin is the right choice. There are many factors behind the increase in instruments. Without knowing them, we cannot get conclusions. Today's high prices may be tomorrow's low prices.
this investor knew what he was talking about. I believe that you should always be careful with what grows too unusual
Well you need to take the risk if you want to earn money every investment has some risk in it. and it's not stupid to invest in something you think you'll earn who knows what might happen
This is actually a good and informative post and your predictions turned out to be correct. Price of bitcoins plummeted to a pitiable state now and the market hasnt recovered. Many people were anxious to invest into bitcoin when the market grew high. So, that's why you need to know when to buy bitcoins and when to sell
It's foolish that many heard of bitcoin years ago but did nothing until they started to see increases in price then started buying at an ath.
For most they see bitcoin as an investment not a practical everyday currency.
For most they see bitcoin as an investment not a practical everyday currency.
It's foolish to buy BTC now. But it was a good investment even a few months ago. 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.
Short answer-no they are not foolish, some are greedy, some naive, some reckless. but over the last 3 years bitcoin has shown a steady overall upward trend in its price. People have jumped in to crypto without fully understanding it, hoping to make a quick profit-thus overheating the market and prices.
To buy bitcoin or any crypto with borrowed money is just plain silly, the only thing you should borrow money to speculate in is real estate and even that has risks.
All true, one correction only if I may: the slow and steady overall upward trend is present over last 9 years since the famous "Chancellor on brink of second bailout for banks". The last 3 years is the time of still wider adoption, being on brink of "popular adoption". To buy bitcoin or any crypto with borrowed money is just plain silly, the only thing you should borrow money to speculate in is real estate and even that has risks.
Short answer-no they are not foolish, some are greedy, some naive, some reckless. but over the last 3 years bitcoin has shown a steady overall upward trend in its price. People have jumped in to crypto without fully understanding it, hoping to make a quick profit-thus overheating the market and prices.
To buy bitcoin or any crypto with borrowed money is just plain silly, the only thing you should borrow money to speculate in is real estate and even that has risks.
To buy bitcoin or any crypto with borrowed money is just plain silly, the only thing you should borrow money to speculate in is real estate and even that has risks.
All these ills are part and parcel of investment generally, they are not peculiar to bitcoin alone. The media is a washed with people casting aspersions on bitcoin, yet, after staggering a bit owing to price, would rise again.
I think that many people like to experiment on this and invest in Bitcoin. So many people see freedom in Bitcoin and it attracts them.
People investing in btc are not foolish, they realized that btc is the best investment to earn a lot for them to live a better life.
Bitcoin is the best investment to earn more profit to gain better life in the future, the investors are not foolish cause they know the benefits and advantage of bitcoin a big profit in investment.
After reviewing several BTC or crypto in general forums, I get the impression that it's not like ppl are foolish to make such investement, but maybe do not know what they're doing, so many ppl are calling, appealing, to anyone, not to sell their bitcoins, without setting a sensible limit when it's time to. After Wozniak fire sold it all. Man.
If ppl are caught in a bubble, that's waiting to burst, it's difficult to admit it, these days. Some ppl seem to hack the life so much, that they're waiting for the time to prove them right, keping their BTC or investing more.
Do you think it's a correct view, what I've got?
If ppl are caught in a bubble, that's waiting to burst, it's difficult to admit it, these days. Some ppl seem to hack the life so much, that they're waiting for the time to prove them right, keping their BTC or investing more.
Do you think it's a correct view, what I've got?
people are not foolish to invest in bitcoins, i mean to say that when the price was higher it would be a wrong option to invest in bitcoins but still there is good potential for the price of the bitcoins to go higher it can even go above $ 30000 USD by this year ending. Before investing on any commodity or asset it is better to study the market before hand to avoid pitfalls as in all financial markets it is quite normal to have a hike and fall which is the same with crypto currency market, so no one should invest on credit basis as crypto currency market is highly unpredictable.
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.
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