Topic: majority will lose money and minds - page 5. (Read 24645 times)

Opportunities are still there, it may take a longer time and patience in all the things or situations that really must be faced with several efforts to deal with it, well especially in terms of holding or preparing many things to survive in all situations. Thinking more positive and not pessimistic in all things., that's important, in crypto I believe that there are still more chance for profit.

Not everyone can't be profitable so people who are losing are general investors and they are keep losing their money to make the pro inveetors rich.Just learn how we can make profits from any investment then only we can hold our coins when the prices fell.

The reason why there are people who wasting the opportunities to sell their coin at the right moment is because they have high satisfaction. They keep expecting more income that they can get. I am one of the greedy person before, I lose many opportunities because I have high expectation. If i sell my bag of altcoins before, maybe I have now business today. I regretted the time that I didn't sell my cryptocurrencies at the right time due to my high satisfaction.

What difference does it make when a person buy bitcoin? If he is sure that he can get a good profit and is ready to wait at least 10 years, then there is nothing wrong with that. Someone does not wait and trades bitcoin, and someone keeps it in the hope of growth in the future. Each person is free to decide how to dispose of their investments.

One thing for sure life is unfair in terms of crypto investment. There are whales (big investors), small fish (small time investors), bounty hunters, and just nothing. Bitcoin cannot be predict the accurate value due to volatile form of programs. There are more opportunities and uncertainties to happen. Therefore, investment in bitcoin is not craziness but an opening to invest and have some possibility to earn enough.

Well i guess it would be more appropriate if you say "Impatient will lose money and minds"

I do believe the majority of bitcoin users are here for money/gains, but not all of them have the same intention. One who clearly understand the concept and working of bitcoin will love to use bitcoin and prefer it over traditional payment system.  

You prefer short time gains over long time investment which is no doubt a good idea, because still market is not recovering as we expected in 2018.
However, to say bitcoin is not reliable and may crash in future is somehow a bad judgment. We still believe market manipulation will end one day if we continue to hold in this down trend, and it will be a win.

It is kind of natural (or financial) selection at work here

Those who had been to Bitcoin for quick profits only are likely already gone. A minor part of them were lucky to jump off right in time when the price was high, the other weren't and they either got stuck with low prices or had to book losses and stumble home in tears. But no matter what the outcome was it is unlikely we will see them again soon. So Bitcoin lost a thick layer of speculators, which means there'll be more room for real change and less for hype and hysteria

I am an exception to your generalization then, because I started to invest in this technology because I wanted a payment option that would be safer to use on the Internet. I was a victim of credit card fraud and I wanted a safer alternative for ecommerce on the Internet and Bitcoin was that solution.

I have been using Bitcoin as a payment option for ecommerce for many years now and I have not lost a single cent and nobody is storing my payment details on their site. So, saying all people are invested into Bitcoin for speculative profits are wrong. 

The person who bought Bitcoin in the last part of 2017 are in losses but most of the buyers are in profits yet who have bought Bitcoin before mid of 2017. People invest only for making profits, this is not bad at all. Nobody knows when this losers will see the light of profits untill if they hold.

There are many people ranting about the price of the bitcoin. They keep panicking and that's why they keep losingm Self control has important function in every trader,  we can easily control our emotions if we have good self control.

I am sure your brother in law was a lucky person, he can get 10 btc from mining and sold everything. I am sure that now he has a lot of money to prepare his future. I agree that majority will lose money and minds because they cannot learn from the situations in the market, they don't sell when the price is at the highest price, they don't buy when it's back to the dip and only watch the price goes up and down. And if you don't want to become that person, you need to prepare to buy bitcoin at the lower price, hold it for a while and sell when you think you are making a profit.

making money in bitcoin is just one of the reason, but not everyone has such a tendency from the start. maybe you are late joining this industry, I have felt when around 2013-2014, bitcoin is still worth hundreds of dollars, I use it for payment tools to buy digital products, like original games on multiple platforms. I chose bitcoin at the time because it was the only easiest option, when paypal and local banks in my country did not support that.

No, there are peoples who using bitcoin as a currency, not just to make some money.
If you know about dark web, most peoples are transacting with using bitcoin as their currency there.
Although there are speculators in bitcoin users who wants to make quick money, other kind of peoples are exist too.

Indeed, you are either from a different planet, either trolling. FACT. (sic!)


I guess you failed to understand my point. I didn't say that we are not here for the money. I would be a liar if I'd say so. I said that the money in here doesn't come only from investing, so there are plenty of cases the amount the thicker shows doesn't matter that much.

However, believe what you want.

Most investors are at a loss when investing in Cryptocurrency but this is under its rules. If there are no losers, we cannot get profit so you should accept this natural law.
Bitcoin can achieve a price of $ 50,000 is possible, but it takes many years to make this price because Bitcoin's growth rate is prolonged.

I think there is the investor who bought 100 btc for $100 even lower and sold them at $20k, but I don't if they sold all in or just some. Maybe it's for the early adopters of bitcoin who still have held the larger amount of bitcoin, and they still want to hold for a long time.

I will sell when the price is at $50k and wait for another down price because I am sure after bitcoin reached the highest price, it will get down, and that is my chance to buy as much bitcoin I can.

Some people do that strategy, and they check the price for a weekly, monthly or a few months later because not all people can hold for a very long time.

I agree that most people lose money in cryto as they panic sell at every market dip.

You can lose your minds and suffer from depression only if you invest more than you can afford to lose.

i think investing in bitcoin . u missed the opportunity. do i think bitcoin will become 300,000$ likely no. i think investing in altcoin u have a better chance of becoming rich. sometimes alt coins drop so much though. still a risky investment. imagine invest 5k and it dips 60%. just takes patients for investing. stocks take 5-10 years. crypto holders are greedy and want gains quickly. hodl for 5 years.

Do you think bitcoin will be crashed to $0 ?  I don't think so. As long there are many peoples using bitcoin, it won't go to zero.
Of course there are some peoples who want to get rich quick by buying bitcoin and holding, but not all.
There are many peoples using bitcoin as payment, have you see the dark world that selling things in bitcoin?

Sure, you could have blown or lost it all, but if we are talking about people who were here at $10 and are still here we can assume they were and are still interested in this technology/investment. This means they probably still own some coins, and if they don't they are waiting for the bottom to buy more. There's really no point in sitting on a forum about something for 8 years and not getting involved. Like when you are participating in discussions about cars for 8 years straight, chances that you own a car already are pretty high, don't you think? Even if they waited for 5 years to buy they have to be doing pretty good for themselves. I bought in 2015 and you won't hear any complaints from me, even if this bear market drags on for another year.

To me "IS" means complete confidence. I'm not saying it because I want to make you invest, but I'm so sure of it that I'm willing to put my own money at stake. As for selling, the answer is never. I never sell, I exchange it for goods. I don't want fiat and I will hold until I find the need to spend my coins. Even if it went to $50k today I wouldn't sell. I'd take it as a sign of people finally beginning to see the value in it. Think of the market cap. Apple has recently lost value comparable to the total value of Bitcoin and is still worth 6 times more, and this is comparing a single company to a decentralized, unconfistatable private money. I don't care about a temporary ATH and trading sucks IMO due to exchange fees. You can see your investment gain 5%, sell and not earn a penny.