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Topic: If you are weak get the hell out of Cryptocurrency. - page 4. (Read 511 times)

newbie
Activity: 1
Merit: 0
Firstly, this is not like buying stocks. A company's stock has a value and some sort of basis depending on demand driven by sales growth. Their is no basis to drive Bitcoin prices higher except for the speculation that prices will go up one day.

Secondly, its not a typical investment either. There is nothing tangible that you're getting out of purchasing Crypto.

Thirdly, since trading Crypto has no regulations, borders, or governing bodies, it has attracted all sorts of hackers, thieves, money launderers and scammers from all over the world.

So when you say its not for the weak and to get the hell out, that is not entirely correct. There is a judgement that people make to assess risk vs. reward before buying.

The more people who want to buy, the better the demand and higher the price, so you probably don't want to people to get the hell out.

legendary
Activity: 3472
Merit: 10611
the thing is, nobody wants them out really. i know it is annoying at times to see how weak handed some people are and how they believe the FUD and jump on board of it, but people are either holders who don't care what the short term fluctuations are and may even enjoy the dip to buy more or they are traders who enjoy these fluctuations. the bigger the better. that is how a trader makes a living. if more weak hands sell the more profit these traders will make.
full member
Activity: 279
Merit: 132
Beefcake!!!
And yet bubbles still happen over and over again.

It is so hilarious to me that people who insisted that bitcoin was a scam when it was under 1k, now want me to help them set up wallets after it is above 10k!  People who previously thought it was too expensive for 1k, now will pay 15k.  It makes no damn sense but that is how it works.

Bitcoin is always failing, just failed, the bubble just burst, etc.  I read an article in december about OMG bitcoin is going to CRASH all the way down to 5k!!!! Oh the humanity!  But I didn't expect it to hit even 5k in 2017, so for me that is still pretty bullish.  Anyway there is always so much FUD, I have to agree with the OP, even if I might word it differently, that crypto markets are not for the faint of heart.
full member
Activity: 305
Merit: 107
I'm going to eat your cookies
Hey man, dont have to be so crude, there are people who can stand more risks than others. If in anycase you cannot hodl, letting go is normal. Trading is a machine that balances money amongst those who who more or less patience.
Too many people who have never invested before and are new to crypto. They're terrified and can't handle ups and downs. They should just stay away from crypto and stocks.
And that's just stocks, money, trading goes. No matter what currency you are using, everytime we deal with a business you just gotta be tough and be ready for changes.
Though, all of us started from being a newbie - just you know, if you are new to trading and this kind of kinds of stuff just be prepared to be disappointed and learn from your mistakes.
full member
Activity: 364
Merit: 101
DanJoN
If you are weak and scared and you are easily prone to FUD please do us all a favor and get the Hell out of this line of business. This is a man’s game so either man up and grow a pair or get the hell out of the game.

Oh jeezzz!, its not for you to decide! all are welcome in cryptoworld, all know what risk it brings when we enter this , failure can teach us to be tough on games, so you can mind your business and have the best of luck in trading! cheers!
jr. member
Activity: 378
Merit: 3
Business is risk, life itself is a risk, anybody that doesn't want to take the risk is far from success...
full member
Activity: 294
Merit: 114
Well, the reason why we have so many people panicking about the price is because so many people have jumped into this market with zero prior experience in trading, so they don't know how to manage risks, how to spot a FUD, pumps and dumps and so on. And since a lot of newcomers are getting in after hearing about cryptocurrencies from their friends or some internet articles or even television, those who are promoting cryptocurrencies should warn potential newbies about all the dangers. It is simply not enough to tell people to buy Bitcoin, not only there's a chance that they might panic sell, but there's also many other risks like scams and malware.
That is quite right, but what is your definition about "weak" ? It's true that not everyone can dare to invest, but you should know that all the rich people are sure to invest. Why ? Because that's how rich people make money. The poor and the middle class just work and save, while the rich multiply their money by way of investment. That is what we must model from the lifestyle of the rich. And if we want to be rich, we have to invest. We do not have to invest into cryptocurrency, we can invest into a variety of other things that may even be more certain than cryptocurrency. Examples such as: Home, land, gold, silver, property, and so forth.
member
Activity: 61
Merit: 10
No point asking the weak to get out of Crypto world. If they lose money, it will either make them stronger sooner or get out by themselves sooner. But then we will see more of these people condemning Crypto and bitcoin as a whole.
sr. member
Activity: 851
Merit: 254
Borderless for People, Frictionless for Banks
not everyone have courage to make decisions about investment, some user choose to be careful when going to invest because they want is profit, either big or small.
legendary
Activity: 3024
Merit: 2148
Well, the reason why we have so many people panicking about the price is because so many people have jumped into this market with zero prior experience in trading, so they don't know how to manage risks, how to spot a FUD, pumps and dumps and so on. And since a lot of newcomers are getting in after hearing about cryptocurrencies from their friends or some internet articles or even television, those who are promoting cryptocurrencies should warn potential newbies about all the dangers. It is simply not enough to tell people to buy Bitcoin, not only there's a chance that they might panic sell, but there's also many other risks like scams and malware.
sr. member
Activity: 1246
Merit: 285
Yeah, if you have no balls dont trade. This is a full of risk. If you dont want to risk then stop now. Your wastinf your time.
Big profit, big risk. Trading is not just about profit, but also loss. If ready for profit then be ready to lose. Many new traders are just following the trend because bitcoin prices are high, then panic when prices fall. Though it is a natural thing, take it easy. They should first learn about bitcoin before trying to trade.
sr. member
Activity: 672
Merit: 251
Cryptocurrency is a waiting game and if you don't have any balls then you should be out of the game. In here 3 iron balls is needed for you to win trades and win in hodling! Cheesy. This thing will inspire you guys. Just think about bitcoin, last 2010, the price of one is only .2. And it became this kind of high, on December it hit its ath at 20,000! Great thing right? And also, I have a friend in which he is hodling XRP, he's one of the ICO's investor and look at the price of XRP, about 2 dollars. So, have some balls.
full member
Activity: 294
Merit: 161
If you are weak and scared and you are easily prone to FUD please do us all a favor and get the Hell out of this line of business. This is a man’s game so either man up and grow a pair or get the hell out of the game.

If there were no people like that then you wouldn't make a dime in crypto. For one to make money in crypto another has to lose it. If there are no panic sellers then there would be less or hardly any money to be able to make in crypto. You do realise that practicly all the money one makes mostly come from panic sellers? If you do not realise this, then you don't even know how crypto works. And if you want to go full risk, just go to a casino instead and bet it all since you want to act the man that much.
member
Activity: 322
Merit: 10
Hey man, dont have to be so crude, there are people who can stand more risks than others. If in anycase you cannot hodl, letting go is normal. Trading is a machine that balances money amongst those who who more or less patience.
full member
Activity: 462
Merit: 100
Yeah, if you have no balls dont trade. This is a full of risk. If you dont want to risk then stop now. Your wastinf your time.
member
Activity: 182
Merit: 20
Agreed, I have thousands in btc and see it falling but I'm sticking with it. I have been staying away from altcoins other than etc and ltc. I do beleive these three will have utlility in the future and probably some other alts but I just see 2,000 alts with billions released at once and it seems redicoulous. I am not comparing crypto to any other investment but I've weathered stock, gold and real estate declines and I've been rewarded for sticking with it or buying low, aka dollar cost averaging. Money can be made in the pump and dump alts but I beleive the big three and probably more are with us for the long haul. My plan is to hold my gold for ten years, prob do the same with crypto
sr. member
Activity: 1251
Merit: 295
Palestine
and if you are a trader you have to trade with bitcoin not USDT shit
newbie
Activity: 11
Merit: 0
If you are weak and scared and you are easily prone to FUD please do us all a favor and get the Hell out of this line of business. This is a man’s game so either man up and grow a pair or get the hell out of the game.
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