Topic: majority will lose money and minds - page 4. (Read 24622 times)
I agree with your point of view but that's just one of the reasons people invest in Bitcoin. Almost everyone makes money to live, and investing in 2017 is a wise decision when the value of bitcoin goes up by the end of the year and then in 2018 the market is not very good. People see investing in Bitcoin as a passion.
one of the reasons people buy Bitcoin is to get more money. Like me, Bitcoin is a must. And one other reason, that is, follows the trend. And there are many other reasons because everyone's mindset is different.
there seems to be a misunderstanding on your post, not all people who invested on bitcoin had put their all wealth on it. most of them invested only on bitcoins just for having fun and no matter what happen on their investment on bitcoins their wealth will never decrease dramatically. because they have also some wealth on other things. bitcoins is only a game for them.
Many have already lost their money and mind but still trying to be optimistic because the future of cryptocurrency is brighter
Not only to be optimistic but to give faith on crypto and trust on it. The entire market were dump again and makes some of us get shaking and decided to sell off their coins. We get frustrated but it won't be the way to stop investing crypto, instead it give courage to me. 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.
Agreed, only here to make money. If I bought today and it went to 50k in a few years I'm selling nearly all I have, maybe keep a couple just in case.
Many have already lost their money and mind but still trying to be optimistic because the future of cryptocurrency is brighter
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 why we need to be more wiser always and secure some profit. We should not set target price higher than the peak because in every peak you can expect next that the future trend will be downtrend. Anything can happen in cryptomarket, we should not be complacent and always play to win and not to be a loser. You can keep holding but better to know 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 look forward to the price increase, because my goal in bitcoin is to earn as much money as possible with its help. And I think you are right that such investors are the majority. But I think that it still will not prevent its implementation as a currency.
due to very interesting fluctuations, many people will return. In the end they realized that the basic construction of stock assets cannot be determined only from the long-running bearish trend, there are times when all will return, followers will keep coming back, but players who survive will get more profits later.
I look forward to the price increase, because my goal in bitcoin is to earn as much money as possible with its help. And I think you are right that such investors are the majority. But I think that it still will not prevent its implementation as a currency.
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.
No one is forcing anyone to invest in anything and if there are investors in this platform, they are doing it for the profit and not for the novelty of the entire infrastructure, this is a new market and there is no point in declaring that it will crash to zero unless there is a serious breach in the security of the blockchain and that is highly unlikely to happen, hope you are aware that some of the countries have legalized bitcoin and it will not be outlawed by every country. 
. In future people will use bitcoin as a currency rather than a store of value at least in international trades.
Many people begin to buy bitcoin in order to earn money, but then begin to carefully study the technology and understand the beauty of its use. Therefore, I think that bitcoin will still be used as a currency, even though everyone began to get acquainted with it as an investment vehicle.
Of course everyone wants to earn with bitcoin, because it is the best investment today. And I will not hide that I will sell most of my bitcoins if the price increases at least 10 times. But I will leave a certain number of coins, if bitcoin is still actively used as a currency.
This is a rather difficult question. I initially invested in bitcoin precisely for the purpose of making money, but I like its technology more and more, and I will gladly use it when it is accepted as a currency.
If bitcoin falls to zero I doubt it will happen, a decline in the lowest price is possible, and the possibility of a rise is also very possible. I chose long-term investment, and I believe in the future it will be much better.
In crypto not all are about money earnings rich in crypto, but putting your own to your goal to achieved it is very big deal to your success.
All they needed money that's why we are join this business but we all know bitcoin is risk if you try to trade in market you control your panic in online trading to not resulting depression.
All they needed money that's why we are join this business but we all know bitcoin is risk if you try to trade in market you control your panic in online trading to not resulting depression.
Nobody expect bitcoin able reach more than $ 15.000 / btc but it's really happen !
As we know, crypto value depend on supply and demand , that's why the value is too volatile, change drastically even less an hour.
You must aware and understand the risk before try to trade because if you want to achieve something big, you need to do some effort !
Bitcoin reached 20,000$+ within a couple of months that time it was surprising. As we know, crypto value depend on supply and demand , that's why the value is too volatile, change drastically even less an hour.
You must aware and understand the risk before try to trade because if you want to achieve something big, you need to do some effort !
Than bitcoin dropped time was unexpected and a lot of people lose money because they invest rising moment.
So i think in crypto you should be prefer every moment to take risk.
Nobody expect bitcoin able reach more than $ 15.000 / btc but it's really happen !
As we know, crypto value depend on supply and demand , that's why the value is too volatile, change drastically even less an hour.
You must aware and understand the risk before try to trade because if you want to achieve something big, you need to do some effort !
As we know, crypto value depend on supply and demand , that's why the value is too volatile, change drastically even less an hour.
You must aware and understand the risk before try to trade because if you want to achieve something big, you need to do some effort !
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.
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, I think most of the people are in the market to make good gains. However, this still helps to spread the voice about bitcoin to the mass. The more people are invested, the more known it will be!
Why don't do both? I've got involved in the crypto space for the technology and to increase my wealth as well. I am a visionaire and one of my goals is to make the world a better place to live for the generations to come. The blockchain technology is slowly starting to change the world and we need to accelerate the process. I am a bit pressed by time, but I'm planning some projects to implement this kind of technologies in my country. More people should follow the example. 
I do agree with you that basically people are here to make money buy and sell bitcoins to make gains but at same time I also be,ieve that there are some persons who are here to be a part of the tech too. So they are here for both the profits and the tech thanks
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