For all we know, it could be outlawed and crash to $0 tomorrow.
well, it could be but because we dont know, so for some it is worth trying to, for some it is worth waiting for because no one really knows if it is indeed gonna crash tomorrow. Each one invests in his own risk so whether they succeed or fail, benefit or lose they will not be able to blame anyone. it all depended in their own belief, view and faith. 
Topic: majority will lose money and minds (Read 24622 times)
Yes. A lot of people lost their money, but nevertheless a lot of people earned good money in 2017. I think that many clerks need to learn to trade on the stock exchange. This can help reduce their losses in a bearish market.
Thank you for your opinion. Everyone has the right to it.
I think that you take the trade is very simplistic. You don't take into account the option when people buy and sell bitcoins all the time. That is, instead of buying Bitcoin at 100$ and selling at 20,000$, I, for example, bought it for 100$ — sold it at 200$, bought it back at 120$ — sold it at 300$, bought it back at 150$ — sold it at 450$, etc. This is just a primitive example of how, on the road to 20,000$, anyone can earn on the purchase / sale of Bitcoin. All that is needed for this is knowledge and experience. I think you have neither. I don't want to offend you with this, I just want to show you that with knowledge you could look at Bitcoin from different sides and understand that you can constantly earn money on it (like in any other currency). And even if the time comes when Bitcoin goes into non-existence, until then you can earn hundreds of thousands of dollars (or even millions).
I think that you take the trade is very simplistic. You don't take into account the option when people buy and sell bitcoins all the time. That is, instead of buying Bitcoin at 100$ and selling at 20,000$, I, for example, bought it for 100$ — sold it at 200$, bought it back at 120$ — sold it at 300$, bought it back at 150$ — sold it at 450$, etc. This is just a primitive example of how, on the road to 20,000$, anyone can earn on the purchase / sale of Bitcoin. All that is needed for this is knowledge and experience. I think you have neither. I don't want to offend you with this, I just want to show you that with knowledge you could look at Bitcoin from different sides and understand that you can constantly earn money on it (like in any other currency). And even if the time comes when Bitcoin goes into non-existence, until then you can earn hundreds of thousands of dollars (or even millions).
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People should stop talking about Bitcoin at 1M, 50K USD. This will not happen, because the world will not support a decentralized coin at 1M USD! This types of hopes and hypes are ruing the crypto platform, people are coming by seeing this news and start the panic when the opposite things happen! I think only quick money wanted people will lose minds, otherwise true supporters always will be strong.
The only reason why people buy bitcoin, is to make money.
Wrong.
People buy bitcoin trying to make money. But there are two kinds of buyers, the ones who make money and the ones who lose money. Tons of people end losing money just trying to make money. But that doesn't mean bitcoin is a losing game. At the end, the ones who play it smart are the ones who end making money.
The only reason why people buy bitcoin, is to make money.
Wrong.
People buy bitcoin trying to make money. But there are two kinds of buyers, the ones who make money and the ones who lose money. Tons of people end losing money just trying to make money. But that doesn't mean bitcoin is a losing game. At the end, the ones who play it smart are the ones who end making money.
OP must have been trapped with the 2017 bubble and is now ranting because he can't sell anymore. So much for the negativity, if it will be outlawed as you said then bitcoin will be back to where it started.
The only reason why people buy bitcoin, is to make money. I believe in the tech, its the future blah blah blah. Your here to make "sick" gains, most will not have the stomach for it. How many investors bought 100 btc for $100 and sold them at $20,000 each, practically none.
Say bitcoin reaches $1 million and you invested now at $3800. You honestly think you wont sell when it hits $50,000 or any other figure that will improve your life significantly. Nobody knows if, when or how it will happen.
Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.
Sorry if you were among those that were introduced to cryptosystem in late 2017, cryptocurrencies market is unpredictable and we all are fully aware of the risk and advice not to invest what you can't afford to loss Coming in means you accept to bear the risk. Say bitcoin reaches $1 million and you invested now at $3800. You honestly think you wont sell when it hits $50,000 or any other figure that will improve your life significantly. Nobody knows if, when or how it will happen.
Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.
I must tell you the fact there's no time bitcoin price will depreciate to zero (0) and I will advice you invest and be more patient so you will not regret why you pull out of the system when bitcoin will go to a price you can't afford to buy.
You make a good case for why people choose Alts instead of BTC. Alts have more upside potential.
The only reason why people buy bitcoin, is to make money. I believe in the tech, its the future blah blah blah. Your here to make "sick" gains, most will not have the stomach for it. How many investors bought 100 btc for $100 and sold them at $20,000 each, practically none.
Say bitcoin reaches $1 million and you invested now at $3800. You honestly think you wont sell when it hits $50,000 or any other figure that will improve your life significantly. Nobody knows if, when or how it will happen.
Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.
I think all of us go here in crypto is because of money,for investment or doing a task to earn reward and make this as a money. Some of people go in crypto because they think it's easy money that it will take immediately. The sad point is some people go here and for money only and they not try to understand about bitcoin or cryptocurrencies or what will benefit they will get if they study about bitcoin and crypto. About the investment or trades its important that you know the strategy how to make a profit. Say bitcoin reaches $1 million and you invested now at $3800. You honestly think you wont sell when it hits $50,000 or any other figure that will improve your life significantly. Nobody knows if, when or how it will happen.
Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.
The only reason why people buy bitcoin, is to make money. I believe in the tech, its the future blah blah blah. Your here to make "sick" gains, most will not have the stomach for it. How many investors bought 100 btc for $100 and sold them at $20,000 each, practically none.
Say bitcoin reaches $1 million and you invested now at $3800. You honestly think you wont sell when it hits $50,000 or any other figure that will improve your life significantly. Nobody knows if, when or how it will happen.
Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.
So whats your conclusion? Do we keep on holding or just invest and forget about the value or something else?Say bitcoin reaches $1 million and you invested now at $3800. You honestly think you wont sell when it hits $50,000 or any other figure that will improve your life significantly. Nobody knows if, when or how it will happen.
Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.
Yeah, many people who saw the price rise and didn't sell had reasons. They thought the price will start rising more. Hence, they got greedy and did not sell when they had the opportunity to do so. One reason, why I tell people who invest on bitcoin to set a goal when making profit.
I am just an ordinary person with income that is not enough to invest a lot in bitcoin and those who earn money like me will not be easy to infest with bitcoin, if true and I believe there are many people who invest in bitcoin and only collect it by doing various types of jobs paid in the form of bitcoin and the like, they will be more profitable than the prices in the bitcoin market higher and higher to profit
Majority is loosing their money now and their mind.
Panic is not a healthy thing to have, it must be pure knowledge now,
On this kind of market we should not panic but to be smarter than ever.
If you understand what i am talking you are good now.
They said we can money in trash... and we can earn in this bear market.
Panic is not a healthy thing to have, it must be pure knowledge now,
On this kind of market we should not panic but to be smarter than ever.
If you understand what i am talking you are good now.
They said we can money in trash... and we can earn in this bear market.
Majority will loose money and minds because bitcoin prices fluctuates in a rapid rate so even experience traders cant predict its price movements but even Bitcoin price is down I don't see a significant reason to doubt its future because now only it has started to recover and progress than in the past and I say that because few years back bitcoin was just a trading asset for greedy people who used to make quick money and nothing productive was done using it but now if you search the internet there are many options and facilities to use or pay using bitcoin and that is strong evidence that it is going in a successful path and if its users smart enough they should understand this price drop is just temporary and if we someone become smart enough definitely it is possible to earn without loosing money and mind
Many people actually bought bitcoin and other cryptocurrencies in order to make good money on investing. But at the same time, most of these people eventually realized how great this technology is and how much it will benefit us in the future if we start using it.
Yes very well I agree .. bitcoin market is very volatile from time to time you cannot expect happened every single time. The reason is lack of knowledge about trading if you are like that, very simple you cannot make trading involvement at the end of result is failure then you shout out in the world , bitcoin very risk or something. I wonder why...
From you make a limitation to avoid do that way if you are in the risk you are responsible doing that not bitcoin.
From you make a limitation to avoid do that way if you are in the risk you are responsible doing that not bitcoin.
I doubt majority will lose money and minds by investing in bitcoin and I think those words are from people who have only see the negative side of bitcoin and some might believe such words by looking at the temporary price variation in bitcoin but in reality it is becoming successful day by day and anyone think otherwise what I can say is nothing to worry and bitcoin prices went down due to the uncertainty that people has regarding it and this is mainly because many news and media companies who only show negative things regarding bitcoin and that is the main reason why majority of investors and traders don't believe in there investments these days but I hope this situation will change in the future with with more bitcoin into business adaptation and increase of usability which might take some time but possible to happen that is why we can agree that this is just the beginning for bitcoin and its future progress so no one can never lose money and mind if they invest smart
You will waste your time waiting for uncertain expectations when it will happen, and as long as you buy at current prices and wait to sell at a price of 50k then you will not get definite results. Crypto is very fluctuating so crypto prices are difficult to predict, and you must have a strategy and must be more observant in taking advantage of opportunities.
I believe everyone is entitled to what ever reason he or she is here for the basic thing here is we all want the money and there are still those who put the money first before the tech and some are on the reverse which ever way the money is paramount thanks
What you say is true only if people invest more than they afford to lose. And this applies for any investment, not only crypto.
If you invest decent amounts reported to your income, there is no reason to take bad decisions when trend is not the one you expect. Patience is the key.
Right.Losses are very natural in all investments.With cryptocurrency,you have all the chances to gain profits if you know how to play with the market.If you see the market is in bearish,then do not panic and just stay focus and calm.Learn to wait for the right timing to trade or start investing again.For sure,you will not lose money if you know how to handle the pressures. If you invest decent amounts reported to your income, there is no reason to take bad decisions when trend is not the one you expect. Patience is the key.
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