Is greedy people getting out of Crypto or Bitcoin?? - page 2.

jrrsparkles

sr. member

Activity: 2520

Merit: 280

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Prodigan786 on April 02, 2018, 04:51:44 AM

Based on some recent post i got some question to ask community
1) People were regret about not buying bitcoin while price was too low . Now price is low compare to last 4 months . I am asking question how many are investing now ( Or in your community).
2) People made crypto market as overnight millionaire concept . Like investing thousand dollar and expecting ten thousand dollar profit in month . Once they dont get or started falling they will get Panic .

My conclusion : People who dare to invest while whole market is rejecting or No market was established they only won in crypto community .
Finally crypto is not the place to invest 1$ expect 1000$ as profit .

You are right the people who have the dare to invest when the market is red are the one can make more money if you invested while the price is at peak then don't expect a return.For that you need to invest the affordable money for you to lose.

cryptorTUX

member

Activity: 238

Merit: 11

I know just that many sold at loss because it's hard to belive that it will go up if you don't have support from others telling you otherwise. Given the fact that people that bought at the peak are the average John Does who see only how fast it goes up and want fast and easy money. Those, the same people are much easier to lure into scams that occur on the Internet for which I am sure many of you are familiar with. At least or hopefully they will learn from this lesson that for everything in life you have to be patient.

entrepmind23

sr. member

Activity: 644

Merit: 261

This past few months has been an eye opener for the people who thought that it is easy to earn in crypto market and have an overnight success. Last year, bitcoin and cryptocurrency in general has been trending because the price has made a parabolic move and many people entered the market not knowing the risk involved or knows there is risk but assumed that it is not that high.

After a few months, they bought bitcoin with the price double in which case they already lose 50% as what it is now and many regret why they got involved in the first place. Some even borrowed money just to invest in bitcoin only to find out they are in the losing side now and can't even pay their debts. I think some people will get out of crypto totally while some would try the trade and get back what they lose and still continue to earn bitcoin.

bettercrypto

sr. member

Activity: 1498

Merit: 271

DGbet.fun - Crypto Sportsbook

Success can't be done in just one whole day. Unless you are a lucky winner of a lottery. People who join in this forum and become a bounty hunter or an investors of cryptocurrency wanted to be a millionaire in just a day, they risk their capital without knowing what they really entered. That's why a lot of people are being fooled by scammers because they treat crypto as a one day investment, one day millionaire.
Ignorance is evil, God gave us multiple intelligence to think wisely. So, we must use it not in accordance of our will but how it will benefits us and at the same time ruin our lives. Cryptocurrency is a profitable way to earn but do not think it is easy.

SUDARMONO

full member

Activity: 504

Merit: 100

If you invest in the right time on bitcoin we can sometimes profit thousands of dollars overnight, and that's not easy, we must learn to invest long-term and try to practice patience.

patt0

legendary

Activity: 1694

Merit: 1005

Betting Championship betking.io/sports-leaderboard

I won't say it's greedy but it's definitely stupid to invest in a market an expect huge returns in just a few months. Things like that can happen, and they sure did, but they are not sustainable or healthy. It's perfectly normal what is happening to bitcoin right now, and I still think it's a good investment. Another thing that is very stupid, is to make an investment without having any knowledge about what they are buying, and keeping their main focus on it's price. Most people bought because they saw how fast BTC was growing, and now that the market is going down, they are panic selling and there is no reason for that. Bitcoin is healthy, but it's still very speculative, and people should know that. It has potencial, but it's a very risky investment, and people should do it for the long term and be prepared to loose money in the short term. If they are not ready for that, then they will lose everything. Not because they are greedy, but because they don't know how to invest.

imapessimist

jr. member

Activity: 266

Merit: 1

Anyone who bought at 12K or more is in deep deep trouble. Will they ever get their money back. I have no idea. There must be a lot of people who bought at 12k plus or even 10k plus to have driven the price up os much a few months ago.. And yet again today the price is going from low to a bit higher today. I'd say if you had the money to buy low take your profit when you can. Don't be greedy and hold on for the moon. It probably won't come.

btcprospecter

sr. member

Activity: 504

Merit: 251

★777Coin.com★ Fun BTC Casino!

In my opinion there think many thoght that crypto would make them millions overnight but they have to remember that the ones that did were either in bitcoin and crypto currency from the very beginning or had alot of money to invest on the way up.
People who invested smaller amounts when prices were at a ath have panicked and have taken any gains they could but they could be the ones in a couple of years thinking if only...

IamAltcoinfan

full member

Activity: 476

Merit: 103

homt.net

well said even i thought about this there is lots of people asking about crypto coins how to become millionaire in overnite . I dont understand how these people looking crypto currency market . Its really good that these ckind of greedy investors going out of Crypto community

Prodigan786

sr. member

Activity: 434

Merit: 250

Based on some recent post i got some question to ask community
1) People were regret about not buying bitcoin while price was too low . Now price is low compare to last 4 months . I am asking question how many are investing now ( Or in your community).
2) People made crypto market as overnight millionaire concept . Like investing thousand dollar and expecting ten thousand dollar profit in month . Once they dont get or started falling they will get Panic .

My conclusion : People who dare to invest while whole market is rejecting or No market was established they only won in crypto community .
Finally crypto is not the place to invest 1$ expect 1000$ as profit .

Topic: Is greedy people getting out of Crypto or Bitcoin?? - page 2. (Read 266 times)