I do not understand if it should be said the folly of investing in bitcoin. people will never know what will happen 1 to 5 years ahead. which he knows is an investment to make a profit, certainly there will be risks.
I would not say it's folly, but that's just part of the speculation.
Topic: How foolish are people who invest in Bitcoin? - page 31. (Read 6650 times)
Those who have invested in bitcoin are not as foolish as you were because they were so smart they recognized the value of bitcoins as well as the good bitcoin they invested in them.
I used to laugh at people who play around with Bitcoin because i did not really understand the actual concept and significance of Bitcoin. Now, i'm one of the serious Bitcoin enthusiasts and i can only say Bitcoin investors are one of the smartest people as Bitcoin is one of the most lucrative portfolios anyone can ever invest.
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.
If you lose money without investing, then take out money again. The more afraid the more no moneyNot very clever those who take loans to buy cryptocurrency or sell their homes to buy Bitcoin.
Nothing is eternal.
You can't call any investor an idiot. Most are just positive that btc will rise again and sees the potential..It just not right calling people idiot by just having hope.
I don't think it's foolish is the right term for it, i think it's greed. When people hears what others earns from bitcoin, they think it's just that easy, well it's not you need to learn all about the detail before you invest to something. They are just greedy and wants more money , don't be deceive from other people or what you hear. Learn it first before you invest, because when you don't, you just giving them your money and that's not what you want. I advice, learn it first before you do something and the outcome is not what you expected.
Crazy or not there are still peopled investing even if the price is at the peak, I really think this is not the end of the increase of the price of bitcoin, and there are so much for us to go in a wide variety of value, and in my opinion if the last block isn't mined yet there is a possibility that the price would still increase.
I do hold the same opinion. Like the OP said nothing is eternal and permanent, so is the case here. The price rise has not stopped yet, and if according to the OP it has stopped already, then it is not to be eternal or permanent. I think prices have not touched the peak yet and there is lot more to be achieved as of now.The price maybe low and investors who bought last December have a paper loss but I am sure they can recover their losses in the long run. As the saying goes "Rome was not built in a day".
This market works like this only. If you are not able to work well in the short run, then surely you'll be able to make profits in the long run. All you need to do is have a bit of patience and use your wits. Just take the right step at the right time.People maybe foolish but in a sense that they know it would be beneficial for them if they invest in bitcoin. People believe in it's potential despite the bear market, risky but with a sure profit.
That is what most of the people in the community think about the market. And trust me, this is a fact. The crypto market has got a lot of potential that is still unexplored and tit needs to be treasured out, which can be done only with passing time.
I can't really tell if this dudes post is satire or what he's saying people are fools to make money on bitcoin I don't get it lol
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.....
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 foolishness of some people is the peak of intelligence of some other people and exactly what bitcoin is all about and the inconsistencies and uncertainties that surrounds price at this time. In moments like this, I expect divergent opinions where people will be experts in issues where in the past couple of years, they had no idea about.
My concern is that latter part of the message that all ends already and what exactly do you mean by that? Going historical analysis, bitcoin is expected to increase then fall after which there is a resistance which might either be long-term or short-term as what we are seeing now. The end is still not near the the potential to grow is still very much open. Just don't come with another suggestions when the resistance is broken.
I do agree with the quote, what do you mean that all ends already? We already know how bitcoin price was going up and down from the very beginning. If you say it ends, why bitcoin is still at work. I think its not good to talk about stupidity in anyway because we know too about bitcoin when we invested in it. You may shed light to what we do not know but don’t think as if we don’t know anything.
I don't think that I am foolish as well as other people who give preference to btc. I think that btc is a good choice for investment and I am sure that btc will win the best positions. I am glad that i have chosen btc
The price maybe low and investors who bought last December have a paper loss but I am sure they can recover their losses in the long run. As the saying goes "Rome was not built in a day".
I think that Bitcoin invest people are not foolish.because no risk no gain.I don't see how you reached the conclusion that the market has reached its peak?We have seen some pump and dump cycles before, so this is nothing new.
People maybe foolish but in a sense that they know it would be beneficial for them if they invest in bitcoin. People believe in it's potential despite the bear market, risky but with a sure profit.
People who invest in bitcoin is not foolish, they invest because they dare to take risks, is not that an inherent part of investing? whatever form of investment, surely all of them have risks. This is very similar to investing in the early stages that may provide value for usefulness and popularity or even never become anything. but, Bitcoin is still in its early stages and has been designed for long-term goals. so those who invest in bitcoin are not idiots as you say.
"The greater fool theory" according to Warren Buffett and Jordan Belfort haha. Not that I believe that.
I guess they are foolish enough to know that they invested in bitcoin that has a good market potential. They are foolish enough to grab the opportunity to earn huge profits because of bitcoin that's beneficial for them.
Bitcoin is now integrated into the blockchain, and the blockchain is the trend of future world development. Bitcoin will not be abandoned. It will definitely develop together in the blockchain, which is its potential.
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.....
People who are making bitcoin investment are not fool, actually; they are the knowledgeable people because they are aware on what bitcoin can do. I can say that the people who hate bitcoins are the fools because their knowledge is not enough. 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 think putting resources into bitcoin is an imbecilic speculation. I see the potential benefit of bitcoin is immense. Numerous individuals are endeavoring to put resources into bitcoin and I find that they likewise make a ton of benefit from it. I trust the future bitcoin will develop increasingly and put resources into bitcoin is totally the correct decision.
It is very difficult to rate a bitcoin today, but many people still believe that bitcoin can achieve a higher price, which in turn can increase the bitcoin value.
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