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Topic: majority will lose money and minds - page 2. (Read 24622 times)

hero member
Activity: 1190
Merit: 534
January 17, 2019, 07:59:44 AM
For me, I have been able to gain benefits of using Bitcoin as a payment system instead of earning from speculation activities. We should realise the fact that Bitcoin is a payment system in its core and it has much more to offer as a payment system so we need to shift our focus from speculation activities to using it as a payment instrument in our day to day life. Most of us are looking at cryptocurrency just as speculative instrument, which is wrong in my opinion.
member
Activity: 742
Merit: 21
Be the reason someone smiles today
January 17, 2019, 04:17:37 AM
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.
sr. member
Activity: 584
Merit: 250
January 17, 2019, 04:03:12 AM
You speak as if you lost your money on investing.
But this is only your fault. I personally was able to buy several BTC. I also did not use my personal funds. Only my time. And I know many other people who have just made a profit here. But for that you must have a cold mind. I understand you. It hurts you. But your resentment has nothing to do with reality.
legendary
Activity: 1876
Merit: 1003
January 16, 2019, 06:27:05 PM
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.
Yes, it is hard to gain the price before and too long to wait to reach it again. In every increase in price, many are ready to sell what they have even get little profit because they do not wat holding but trading. Those who hold are not losing their minds, maybe what they have is not worth the price it has today. Bitcoin has high potential for recovery, it won't end no value this soon.
World markets are changing constantly and as a part of it we also try to adopt this changes. Anyway we will continue to trade no matter which market cycle dominates to market. Soon prices will find its real value and traditions will change towards this new sector of business.
full member
Activity: 479
Merit: 105
January 16, 2019, 06:14:55 PM
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.
Yes, it is hard to gain the price before and too long to wait to reach it again. In every increase in price, many are ready to sell what they have even get little profit because they do not wat holding but trading. Those who hold are not losing their minds, maybe what they have is not worth the price it has today. Bitcoin has high potential for recovery, it won't end no value this soon.
hero member
Activity: 1078
Merit: 514
January 16, 2019, 03:13:12 PM
Almost nobody cashed out ar 20000 $ because of greedy and fud talks that bitcoin will go on 50000 $. I believe in conspiration. There was a small group of big holders who cashed out at the moment by agreement and that case was a reason of the chain reaction of cashing out, which fell bitcoin so deep.
I see myself lucky cause of I also cashed out at the top of the price, but I regret I didn't cash all and the biggest amount of coins stayed and now I am actually going crazy waiting bitcoin come back at least on 15000$.
hero member
Activity: 752
Merit: 500
Bcnex - The Ultimate Blockchain Trading Platform
January 16, 2019, 03:05:29 PM
Thanks for your suggestion but sorry I can't follow it! Because I am not waiting to see bitcoin at 1M or 50K USD, I am not holding bitcoin to sell when it hit 30K or 40K USD! Rather, I always sell my assets when I need money, otherwise, I like to keep my money by investing in bitcoin and other crypto coins! Crypto is a new and revolutionary idea, which gathered lots of developers, technologists, interrupters and many other sector's people in one platform, this is huge and I believe in a great crypto future.
member
Activity: 952
Merit: 41
January 16, 2019, 02:45:49 PM
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 partly agree with your point but the fact is in most cases the investors will want a one time win waiting for bitcoin to reach $50,000 and without that reaching they targeted amount they will never sell at any price lower then that and that is were the most frustration come from many are so obsessed with the price due to they views and expectations.
member
Activity: 504
Merit: 14
Miracle Tele
January 16, 2019, 01:56:36 PM
      We all invest in Bitcoin to make money. But this is not the only reason we invest. Some people buy Bitcoin just to use it as a means of payment. It's normal that you want Bitcoin to grow to make a profit. When the bitcoin reaches $ 50000, I will not sell Bitcoini, but only a part to get some investment. It's hard for Bitcoin to reach $ 1 million, but many experts are predicting that.
legendary
Activity: 2534
Merit: 1338
January 16, 2019, 01:33:01 PM
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.
This is true, many people idolize the early adopters but many that got early in bitcoin sold their coins as soon as the price reached single digits, they did not sold each of their coins for thousands of dollars, as soon as people get some profits that will change their lives they will sell, only those that truly believe in the technology have what it is needed to hold for long enough.
member
Activity: 616
Merit: 30
January 16, 2019, 10:47:24 AM
The only reason why people buy bitcoin, is to make money.

It's wrong. The correct statement must be,

One of the reasons why people buy bitcoin, is to make money.
Absolutely mate,thats only part of the reason because the majority of bitcoin investors specially those who first purchased this currency is a trust for blockchain from this they have started thats why when the market grows in 2017 many of them becomes a millionaires

Though he is also right if we will be talking this time,because most of the newbies now only bought bitcoin for quick cash and don’t even bother to learn the blockchain and the cryptocurrencies
full member
Activity: 466
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
January 16, 2019, 10:27:10 AM
Hey, before decide to invest crypto, you must aware that bitcoin value is volatile so no one forcing you to keep invest on crypto.
Yes, I'm aware the risk but it's worth with the profit that I can obtain !

I dare to take the risk for profit, are you ?
I agree with you, there is always a way to make more money but there is always a big risk beside it. So when we will invest, we must also be ready and responsible for what we get in the future.
jr. member
Activity: 114
Merit: 1
January 15, 2019, 01:11:28 PM
I think many already lost last year and they might have become the enemies of the crypto now. I saw a lot of people talking bad about projects because of their value drop and most of the time the project can't do anything but develop because that's how the market is right now.
sr. member
Activity: 756
Merit: 250
January 15, 2019, 12:57:00 PM
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.

Its true, better not greed with our investment when the price rising. Greed always leads to losing our money and its much better we make a target profits to avoid from being greed.
it's true because if the crypto price rises, it will definitely experience a short-term decline that can make us lose or lose, so don't ever get greedy when the coin price rises if my advice is too
jr. member
Activity: 350
Merit: 2
January 15, 2019, 09:53:11 AM
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.
Yes because majority will lose your mind because of the situation bitcoin right now. but that's not a reason to ignore it just walk on the path way always be positive
full member
Activity: 1386
Merit: 101
ComboLabs
January 15, 2019, 09:37:50 AM
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 if something we know will happen, of course, every investor and trader will be rich, as well as in real trade. we all know that everything is risky. included in crypto trading. so stop any nonsense that is not enlightening
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
January 15, 2019, 09:11:00 AM
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.

You have a point. Market are so volatile and we don't know what the tommorow may bring but if you have a lot of courage and can take all the risk,i'm sure you will wait until you see the value will high too much ti gain more profit. But it is also good the idea that you said.

I think as long as we can take a profit, we don't have to hold the coins because the market is volatile, we don't have any clue that will show us the price can stay at that level. The price itself can break up and down at any time so you need to make sure you can get the profit and leave the market when everything goes down. And if you can do that, you will not lose money and minds, and even you can survive better than the other people.
copper member
Activity: 294
Merit: 1
January 15, 2019, 03:45:55 AM
Bitcoin investment has proven to be one of the best investment over time because of the possibility of earning higher return on investment.
Having said that, I do not agree completely with the poster .
But I do agree that an investor should cultivate the habit of checking his or investment once in a while to be able to know when to sell off and wait or buy back.
jr. member
Activity: 154
Merit: 1
January 15, 2019, 03:45:21 AM
Well you can't particularly speak for everyone some people are actually here because of the great future possibilities bitcoin offer which also has its own great profit benefits as well
But I would agree with most that money and profit is of high importance , so I think little are here for the future of bitcoin.
member
Activity: 840
Merit: 10
January 15, 2019, 02:55:37 AM
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.

Its true, better not greed with our investment when the price rising. Greed always leads to losing our money and its much better we make a target profits to avoid from being greed.
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