If you don't buy don't come here to complain - page 6.

arwin100

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Quote from: Zilon on January 25, 2022, 05:30:33 PM

Another opportunity has created for new investors to have some good coins listed in their portfolio. Many who bought higher now leave at the mercy of the market but for those who were scared of how high the price flew within a short time now has a better chance of joining the market at a good market value.

My agitation now is no one should come back shouting about missed opportunity in the future I think since late last year the market has been a bit fair to new investors giving them opportunity to join the train. Everyone can be a millionaire in crypto attitude towards market volatility is what makes the clear difference

We cannot say that since not everyone has a capabalities to bag again so expect that there are few complains on what they experience if there's a huge red days happen on the market. Everyone could possibly became millionaire from this but lets talk about reality for sure many will doubt as we might see different scenarios each year and for sure not all people cannot take the questionable volatility.

RondoAnyar

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If you don't want to lose and just want to make a profit, don't invest in crypto, because the risk is real. If you think about it, I feel surprised at people who complain when they experience losses, even though no one is forcing them to enter the crypto world. On the other hand, if they get an advantage they just shut up to enjoy it.

Rockstarguy

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Even if it dips more than the way it is right now people will always complain and regret why they never buy bitcoin. I think everyone has a specific time that can be suitable to buy bitcoin due to personal reasons. But as you have said this is a great opportunity now for anyone to buy and Hodl for sometime.

Bitstar_coin

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Quote from: Poker Player on January 26, 2022, 03:01:36 AM

Quote from: Zilon on January 25, 2022, 05:30:33 PM

Everyone can be a millionaire in crypto attitude towards market volatility is what makes the clear difference

In addition to the comments of other fellow forum members, I would like to point out that this is not true. People who are poor have a very difficult time becoming millionaires in crypto. Suppose someone (maybe from a third world country) can only save and invest $10 in Bitcoin per week. If he had invested that amount per week for the last 8 years he would now have about $260K, which is not bad at all, considering that he would only have invested a total of about $5K, but he would not become a millionaire (source: https://dcabtc.com/). And you have to take into account that this is a long time, and especially for someone poor, who would surely sell a lot before reaching that amount, because it is difficult to endure hardship while you see that you have a large capital and not spend it.

If we add to this that the future returns of Bitcoin are likely to be lower than in the past (for a simple mathematical reason that the higher the price and market cap, the more difficult it is to go up by the same percentage), I think that saying that everyone can become a millionaire is simply false.

I would qualify it by saying that everyone can improve their economic situation.

$260k can make someone a millionaire depending on the country of residence (in the third world by your example) converting that amount to that countries currency is a lot of money, now the problem is not just being poor and can not afford to invest as little as $10, it is about the perception of such people that will determine their future.

A poor person with better understanding of this space and the financial opportunity it holds can sacrifice that amount regardless of the situation because they see opportunity and are ready to take the chance, but not all poor people think this way, or care to expand their level of thinking, explore different opportunities out there, hence their status will not change.

Generally speaking, I agree with the op, this is yet another opportunity for those who care enough to change their financial status, it may not necessarily be btc, there are other alternatives that are worth investing, as long as this opportunity is utilized.

Poker Player

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Quote from: Zilon on January 25, 2022, 05:30:33 PM

Everyone can be a millionaire in crypto attitude towards market volatility is what makes the clear difference

In addition to the comments of other fellow forum members, I would like to point out that this is not true. People who are poor have a very difficult time becoming millionaires in crypto. Suppose someone (maybe from a third world country) can only save and invest $10 in Bitcoin per week. If he had invested that amount per week for the last 8 years he would now have about $260K, which is not bad at all, considering that he would only have invested a total of about $5K, but he would not become a millionaire (source: https://dcabtc.com/). And you have to take into account that this is a long time, and especially for someone poor, who would surely sell a lot before reaching that amount, because it is difficult to endure hardship while you see that you have a large capital and not spend it.

If we add to this that the future returns of Bitcoin are likely to be lower than in the past (for a simple mathematical reason that the higher the price and market cap, the more difficult it is to go up by the same percentage), I think that saying that everyone can become a millionaire is simply false.

I would qualify it by saying that everyone can improve their economic situation.

Gozie51

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No matter the price dip, some people won't invest. Those people are those that are chronic complainers. They are haters because if you don't invest when it is low you don't have to complain when bull starts. It is clear that this is another investment time , it looks like the correction has taken turns in dragging the price down, so putting in money now won't go dipper before profit start coming and first half of the year is almost splitting into two meaning those that cashed out during the festive season are coming in again.

Kakmakr

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Well, it is not that simple.

We have to remember that the average small investor or trader in other Commodities are not used to extreme price volatility. We, the more experienced Crypto traders and investors have dealt with extreme price volatility before and we are not phased by a 50%+ drop in the price.

So, to tell them to jump in and invest in something that had a recent drop in price of almost 50%+ ....would sound crazy to them. The best thing to do to gain their trust, is to show them historic price data and to calm their nerves. Wink

Gorosden

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And I believe in the law of crypto that every highs gives birth to corrections and the longer the bull market stays the more impact it has when bears comes, don't give hopes to people where there isn't one bear market is a must to keep balance in check, bull season since 2020 still here right but market needs a better correction

Cookdata

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Op is funny. Grin

Believe me, if bitcoin touches 20k, many will not buy, they will keep jumping from one excuse to another but they will get disappointed the moment bitcoin start another run, but do you know what I do or say to them, I let them be that way because that's how they will be until microstrategy accumulate all the bitcoin from the poor.
Another thing you didn't consider OP, many were out of fiat, I was buying and doing DCA thinking we have bottom but the bottom kept bottoming abd at a point, I had to be staring at the market doing 15 wonders of the world.
It always bounce back and will always do. Cool

Darker45

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We've always been told, buy low sell high. To those who are interested with Bitcoin, how low should the price go so that you will start buying? Bitcoin has gone to $65,000 and above. The price then fell down to as low as $33,000 or even lower. If one is interested to have Bitcoin, I cannot find any reason why buying has to be put off. Why not buy during the dip? Will there be a $20,000, $15,000, or $10,000 anytime soon? The price has been in a bargain. Are we gonna wait for the market to give us a signal that the bull run has resumed and that we should start buying already?

traderethereum

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Even in this bear trend, some people are still afraid to buy bitcoin or altcoin because they think the price is still higher and need to go down for more.
They do not think that this is a big discount for them to buy more and maybe they will not have this chance in the future.
They have their own option when to buy, whether they will buy now or later because they have the money and will determine their time itself.
They do not complain to others but feel regret because they did not use the opportunity to buy the coin yesterday but I told them that they still have a chance to buy later, especially if they can watch and analyze the market to find the lower price.
Yes, everyone can be a millionaire but that depends on achieving that.

cabron

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They're regret but do not complain, besides they don't know who to complain to. Price is indeed a bargain than buying in more than $52K. Definitely a cheap price if you can wait for a long-term bounce.

Although it had jumped up from $33K to $37K today, I'd still not see if the market will really push to new ATH knowing that BTC volatility can decline to -80% like it did in 2018. I'd likely buy at $50K instead as long as I'm sure the market is going up than waiting to profit.

The Sceptical Chymist

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Generally I don't subscribe to the "buy the dip" theory of investing unless something is in a clear, sustained bull market, but I happen to agree with OP on this one. I don't see enthusiasm and demand for cryptocurrencies (at least the good ones, of which there are few) being suppressed for the long term, and some coins are at fire sale prices right now. I'm not so sure bitcoin is exactly dirt cheap in a relative sense, but after seeing what it did last year (hitting its ATH) when I thought it was going to plummet to under $5000, I'd recommend buying it without hesitation.

Oh, but it's the same old story--if only I had enough fiat and a decent way to buy bitcoin with it! I might be tempted to head over to the Currency Exchange section and see if I can't try to score some with PayPal funds. Does PP itself actually let you withdraw bitcoin if you buy it through them?

And OP, forget about trying to get people to stop complaining. There are always grumbles to be heard whenever the bitcoin market goes hyper-volatile and it's in a down phase. The speculation section is full of that.

sunsilk

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Quote from: Zilon on January 25, 2022, 05:30:33 PM

Another opportunity has created for new investors to have some good coins listed in their portfolio. Many who bought higher now leave at the mercy of the market but for those who were scared of how high the price flew within a short time now has a better chance of joining the market at a good market value.

My agitation now is no one should come back shouting about missed opportunity in the future I think since late last year the market has been a bit fair to new investors giving them opportunity to join the train.

Can't blame them if they speak with the same words about missing the opportunity. It's always the same feedback that you'll hear from new investors and as well as old ones.

Quote from: Zilon on January 25, 2022, 05:30:33 PM

Everyone can be a millionaire in crypto attitude towards market volatility is what makes the clear difference

But I'll remove the mindset about being a millionaire in this market. It could lead someone to become a victim of those ponzi schemes and other scams that they might not be aware of for which they think will lead them to being prosperous.

You can be well in this market if you know how to deal with it and you know what you're doing. We all want to become a millionaire but for a newbie's perspective, there's something more than that and they think that it's achievable within a short period of time which leadeth them to do mistakes.

coupable

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Quote from: Zilon on January 25, 2022, 05:30:33 PM

My agitation now is no one should come back shouting about missed opportunity in the future I think since late last year the market has been a bit fair to new investors giving them opportunity to join the train. Everyone can be a millionaire in crypto attitude towards market volatility is what makes the clear difference

This is the motivator for all the traders. and those traders will never complain if they understood well the concept before joining. Either the rest, will never take the attention that the bear with botcoin is another opportunity to stake more bitcoin investment.

marilynmanson21

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nothing is perfect in life there must be a gap in my opinion in everything, so are we in crypto. if we dare to enter we should know the long and short term risks in this crypto investment, why complain because all decisions are in our hands personally

Zilon

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Another opportunity has created for new investors to have some good coins listed in their portfolio. Many who bought higher now leave at the mercy of the market but for those who were scared of how high the price flew within a short time now has a better chance of joining the market at a good market value.

My agitation now is no one should come back shouting about missed opportunity in the future I think since late last year the market has been a bit fair to new investors giving them opportunity to join the train. Everyone can be a millionaire in crypto attitude towards market volatility is what makes the clear difference

Topic: If you don't buy don't come here to complain - page 6. (Read 707 times)