Topic: Speculators : Bitcoins is up now 21k buy buy buy ! but... - page 4. (Read 946 times)
it's happened at least 4 times when the bitcoin price dropped below $20k then within 3 days or less it returned to $20k, even less than 12 hours it skyrocketed more than 8%, anyone who knows bitcoin for at least a year will understand this so Whatever happens, don't panic.
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They were smart enough to know that an increase in the price is what attracts those who are fake coiners or those mainly enters when there is a positive thing that happens and then leaves immediately when there's a decline or any negativity in the market.
A wise bitcoin investor won't buy in an instant but they will research btc first if what is its mechanics. They will still buy at this point since they know that the price isn't highway yet since its last ath and they will learn to hodl it if ever there's a decline that will happen. Obviously they will know that btc is not a scam or a pyramid scheme but some can think of it due to how this system works.
A bitcoin investor will not rush into buying bitcoins because he will make sure everything goes according to his plan. Even if something goes wrong with his plan, he will not panic and will still be able to adjust himself in buying bitcoins. His observation of when the price of bitcoin is falling plays an important role in determining the time to enter the market so that he can buy at the right time.A wise bitcoin investor won't buy in an instant but they will research btc first if what is its mechanics. They will still buy at this point since they know that the price isn't highway yet since its last ath and they will learn to hodl it if ever there's a decline that will happen. Obviously they will know that btc is not a scam or a pyramid scheme but some can think of it due to how this system works.
When the bitcoin price drop occurs, they start doing research but if the price becomes unstable or fluctuates more often, he will know what to do.
Actually even you're bought at the peak and still hold until now, you're not wrong if you're using an amount afford to lose and still not sell your coins. You're not losing anything since it's still an unrealized losses, who knows if you hold for 4-5 years more, Bitcoin price will make new ATH and reach $100K? This is same like Bitcoin ATH was $19K on 2017, after Bitcoin price start recover and hit $19K again, many people who bought at $19K isn't a dumb person. If they're still holding their coins, they're still profit around $1K.
That thought is acceptable but not for people who are not real investors because they are looking for short-term profits. If we are real investors, we can buy bitcoins at any price but it would be even better if we can buy at low prices so that our time in waiting for bitcoins can be calm and will not panic.Bitcoin price could reach above $100k but no one knows when that could happen. And if we can buy at a low price, we can relax for a while enjoying the price movement and can buy again if the price drops again. It will all depend on the strategy of each person.
Speculators : "Bitcoins is up now 21k buy buy buy ! yeah 100k coming soon "....but it was 47k this March and 61k in 2021 ... so how the ..f..uck is bitcoin a winner ?
I don't want to take any risks at this time, the Bitcoin market is very confusing today Bitcoin is already at $20k, you are told to buy at $21k, who takes the risk for further declines.I will see the development of the Bitcoin market later this year, if it hits $10k at that time I pour it all in Bitcoin.
And the good thing is that bitcoin is still on the $20k'ish, yesterday it went down below, but it was just short as speculators started to buy it again and we are up on the support line.
So the opportunity is still here with us, it is trading sideways maybe till the end of this month. For others who had the money and capital, don't wait till we see the floor because no one really knows what that price will be. Just buy right now at this price at we might not see this chance again.
So the opportunity is still here with us, it is trading sideways maybe till the end of this month. For others who had the money and capital, don't wait till we see the floor because no one really knows what that price will be. Just buy right now at this price at we might not see this chance again.
People's understanding can indeed change every time there is a big movement in the market, especially bitcoin. And that's what some people really want. Therefore, before entering the crypto market, at least first understand how this market moves, because the market does not always continue to be bullish and there must also be corrections made for the market to make it look healthier.
Speculators : "Bitcoins is up now 21k buy buy buy ! yeah 100k coming soon "....but it was 47k this March and 61k in 2021 ... so how the ..f..uck is bitcoin a winner ?
The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...
It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...
Nope, it's not a scam and this isn't a game. The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...
It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...
What ponzi is, when bitcoin goes to zero after going all time high. Well, did it go to zero? Actually yes, and it went zero from those people that don't even hold bitcoin.
They keep telling that bitcoin will go to zero but look at how much it went during the all time high and how much it is right now.
They are wrong if they think of the bitcoin system as a ponzi. They don't see bitcoin moving year after year when the bitcoin price is down like this they can't afford it.
Currently bitcoin is at a price of $ 20 thousand and will probably fall below $ 20 thousand again and that is an important moment for us to buy more.
If they learn and seek more information about how to invest in bitcoin and when to buy it, they will know when it is and will not buy it at a high price. The current price looks good enough to enter the market but if you just enter without doing any analysis, there is a good chance you will enter at the wrong time.
Actually even you're bought at the peak and still hold until now, you're not wrong if you're using an amount afford to lose and still not sell your coins. You're not losing anything since it's still an unrealized losses, who knows if you hold for 4-5 years more, Bitcoin price will make new ATH and reach $100K? This is same like Bitcoin ATH was $19K on 2017, after Bitcoin price start recover and hit $19K again, many people who bought at $19K isn't a dumb person. If they're still holding their coins, they're still profit around $1K.this we don't know. as no one knows the future, we are just speculating on what may possibly happen to the bitcoin market few years from now. but for those who are holding and not selling, of course, they are not losing. you will only lose if you sell lower than your buying price.
the hope is still there to get back where we achieved the ATH or even more because there are more and more people that are going into this industry. more known companies, institutions or individuals are joining in this market. if they feel that there's no future in this market, i would say, they won't even touch this market to invest.
Speculators : "Bitcoins is up now 21k buy buy buy ! yeah 100k coming soon "....but it was 47k this March and 61k in 2021 ... so how the ..f..uck is bitcoin a winner ?
The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...
It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...
Bitcoin is a scam or ponzi kind of line is to those people who had been fucked up by the market very hard.If you've been here on this market for a while then you wont really be definitely saying up these things.The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...
It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...
Price is never been predictable on the first place and if we do consider on checking out the history or past events then it is something that cant really be make up some pattern or you could make use of the
same analysis but you could definitely see on how potential the market would be in speaking on bullish runs which is something that most people been keep an eye on.Price fluctuates and pumps and
this is where people do make out money which is on volatility.If you cant bare up that kind of movement then this market isnt really for you.
I think it's simply people wanting to attribute a reason for Bitcoin's considerable price increase over the past 10 years. Because ponzi's often have similar enormous growths, then it's assumed it must be one and therefore it's the easiest label to apply to try explain to those who don't know any better why Bitcoin will fail. The irony being that we've seen crypto ponzis in recent history; Bitconnect and Luna for example, but their monetary policies are nothing like Bitcoin. At least these days compared to 2018, or 2014, there is a lot talk of it being a ponzi as there never was much of an argument for it in the first place.
The idea that ponzi is a business and not a currency, is the only thing enough for it for sure. I mean we are talking about something that is a business idea, you give money to someone and if enough people do then they will end up getting paid monthly, and then more people will join and so forth.This means that there needs to be a centralized organization that will distribute the money like that. But in bitcoin and any other decentralized coin, that type of organization doesn't exist and we should be feeling fine since it is not going to be a ponzi with someone at the top, we are going to have decentralization. Meaning if we lose money, we will do that together as well.
If anything it sounds like the OP mistook this for a pyramid, thinking that if he invested 6 months ago, or 12 months ago when price was at $60K he/she would benefit more than those who invest today at $20K. Sadly for them, Bitcoin isn't a pyramid, so it's not necessarily a case of investing early means higher profits that those who invest later. Oh well.
This has been the number one thing that I tried to explain to people and they ignored me. If crypto was a ponzi, it would have been gone already, it has been over 10 years since we did this and we shouldn't really be focusing on this at all. At the time ponzi was a thing that was used in many different places, and even today there are a lot of ponzi schemes all around the world, so I understand the fear people would have.But it is like saying dollar is a ponzi scheme, or stock market is a ponzi scheme. Just because it requires people to buy and get into it, doesn't mean that it needs to be a ponzi scheme. I mean it’s so obvious that crypto isn't and never was a ponzi, it’s right there and it’s too obvious.
I think it's simply people wanting to attribute a reason for Bitcoin's considerable price increase over the past 10 years. Because ponzi's often have similar enormous growths, then it's assumed it must be one and therefore it's the easiest label to apply to try explain to those who don't know any better why Bitcoin will fail. The irony being that we've seen crypto ponzis in recent history; Bitconnect and Luna for example, but their monetary policies are nothing like Bitcoin. At least these days compared to 2018, or 2014, there is a lot talk of it being a ponzi as there never was much of an argument for it in the first place.
Speculators : "Bitcoins is up now 21k buy buy buy ! yeah 100k coming soon "....but it was 47k this March and 61k in 2021 ... so how the ..f..uck is bitcoin a winner ?
The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...
It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...
Nope, it's not a scam and this isn't a game. The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...
It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...
What ponzi is, when bitcoin goes to zero after going all time high. Well, did it go to zero? Actually yes, and it went zero from those people that don't even hold bitcoin.
They keep telling that bitcoin will go to zero but look at how much it went during the all time high and how much it is right now.
If they learn and seek more information about how to invest in bitcoin and when to buy it, they will know when it is and will not buy it at a high price. The current price looks good enough to enter the market but if you just enter without doing any analysis, there is a good chance you will enter at the wrong time.
Actually even you're bought at the peak and still hold until now, you're not wrong if you're using an amount afford to lose and still not sell your coins. You're not losing anything since it's still an unrealized losses, who knows if you hold for 4-5 years more, Bitcoin price will make new ATH and reach $100K? This is same like Bitcoin ATH was $19K on 2017, after Bitcoin price start recover and hit $19K again, many people who bought at $19K isn't a dumb person. If they're still holding their coins, they're still profit around $1K. 
It's an invitation to buy bitcoin that many people are sending out to the people out there. But if people out there just follow those words without analyzing, they could be stuck buying at high prices because bitcoin's current movement is getting wilder. The person who wins is the one who can buy at a low price and sell at a high price.
But bitcoin is not a big scam or Ponzi and if people think like that, it means they don't read more information about bitcoin. Besides, they must be just following other people's words without doing any research before buying bitcoins.
They were smart enough to know that an increase in the price is what attracts those who are fake coiners or those mainly enters when there is a positive thing that happens and then leaves immediately when there's a decline or any negativity in the market.But bitcoin is not a big scam or Ponzi and if people think like that, it means they don't read more information about bitcoin. Besides, they must be just following other people's words without doing any research before buying bitcoins.
A wise bitcoin investor won't buy in an instant but they will research btc first if what is its mechanics. They will still buy at this point since they know that the price isn't highway yet since its last ath and they will learn to hodl it if ever there's a decline that will happen. Obviously they will know that btc is not a scam or a pyramid scheme but some can think of it due to how this system works.
Speculators : "Bitcoins is up now 21k buy buy buy ! yeah 100k coming soon "....but it was 47k this March and 61k in 2021 ... so how the ..f..uck is bitcoin a winner ?
The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...
It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...
The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...
It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...
The current BTC bullish speculators might be yelling "buy buy buy!", but the bearish BTC speculators are yelling "sell sell sell!"
It doesn't matter if it's bears of bulls, just don't trust the speculators and make your own research. There's always going to be noisy speculators spreading extreme over the top "to the moon!"" bullish nonsense or doom & gloom "Bitcoin is dead" FUD nonsense.
I just ignore them and keep HODLing.
If you feel butthurt about the BTC price being below the 69K ATH you should bear in mind that the Bitcoin price is moving in "boom and bust" cycles. This is the sad reality and we can't expect the Bitcoin price to go in only one direction-up.
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It's an invitation to buy bitcoin that many people are sending out to the people out there. But if people out there just follow those words without analyzing, they could be stuck buying at high prices because bitcoin's current movement is getting wilder. The person who wins is the one who can buy at a low price and sell at a high price.
But bitcoin is not a big scam or Ponzi and if people think like that, it means they don't read more information about bitcoin. Besides, they must be just following other people's words without doing any research before buying bitcoins.
But bitcoin is not a big scam or Ponzi and if people think like that, it means they don't read more information about bitcoin. Besides, they must be just following other people's words without doing any research before buying bitcoins.
Therefore, we should not be too hasty to jump into the world of crypto without having knowledge, what we have will be used by influencers,
and we will be wrong in making decisions. Although many say Bitcoin is a profitable investment, it does not mean that buying Bitcoin will
immediately generate profits. Of course we have to learn about Bitcoin, in order to know how Bitcoin works, after that we will understand
how to make profit from Bitcoin. Therefore, if there are people who immediately conclude negative things about Bitcoin when they experience
losses. This means that the person does not understand how Bitcoin works, and gets the wrong information about Bitcoin. Even though Bitcoin
if used properly can make us rich.
The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...
Don't make it look like it's an abomination for people to lose out in business. Some will gain, some will lose. Remember that at every point in time during a market transaction engineered by the law of demand and supply, there's always someone at the other end of the line buying whenever someone is selling. Otherwise, there won't be a transaction. It's the same thing that applies to Bitcoin transactions. By the way, who are those who got wiped out? Aren't they still speculators/traders/investors? But of course, they're.Quote
It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...
I don't believe someone can still convincingly tell themselves that Bitcoin is a Ponzi at this stage of this industry. Nonetheless, one of the important things you should know about Bitcoin is that it's not a get rich quick thing. I'm not saying quick riches can't come from it as one invests but one shouldn't bear that in mind while investing in it. If it happens, so be it. 
Don't buy now, I'm telling you people. The market is still likely to go down much further since it's just been the start of this bear market so if I were you, maybe save that money and wait for it or hope for it to go down much further because we know that it's volatile and the possibility for bitcoin's movement is still unpredictable.
Well, I really see what unpredictable means, and you can't be sure that it drops more. How about if you were wrong and it happens that the market will pump, are you willing to take the blame for discouraging people not to invest? I couldn't see the term "Unpredictable" is only for the dump - we certainly don't know what happen next and by simply taking the risk, buying Bitcoin now is somewhat an opportunity, and besides, we can still buy more if ever it drops again. The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...
It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...
You won't get "wiped out" If you knew what you're investing into. You won't get "wiped out" If you have enough knowledge about Bitcoin's historical data.
Lastly, you won't think it's a scam or ponzi If you knew Bitcoin well enough.
Study how the market works and don't just rely solely on some random speculation. Some of those speculations were relevant, but you should do the research as well.
It's an invitation to buy bitcoin that many people are sending out to the people out there. But if people out there just follow those words without analyzing, they could be stuck buying at high prices because bitcoin's current movement is getting wilder. The person who wins is the one who can buy at a low price and sell at a high price.
But bitcoin is not a big scam or Ponzi and if people think like that, it means they don't read more information about bitcoin. Besides, they must be just following other people's words without doing any research before buying bitcoins.
But bitcoin is not a big scam or Ponzi and if people think like that, it means they don't read more information about bitcoin. Besides, they must be just following other people's words without doing any research before buying bitcoins.
Therefore, we should not be too hasty to jump into the world of crypto without having knowledge, what we have will be used by influencers,
and we will be wrong in making decisions. Although many say Bitcoin is a profitable investment, it does not mean that buying Bitcoin will
immediately generate profits. Of course we have to learn about Bitcoin, in order to know how Bitcoin works, after that we will understand
how to make profit from Bitcoin. Therefore, if there are people who immediately conclude negative things about Bitcoin when they experience
losses. This means that the person does not understand how Bitcoin works, and gets the wrong information about Bitcoin. Even though Bitcoin
if used properly can make us rich.
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The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...
It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...
I might agree with the fact that traders got the V but miners? I don't think so because they also got some expenses and maybe there are some miners out there who are losing right now.It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...
I also disagree that Bitcoin is a big ponzi. Care to share some of the proofs or opinions that proves that it is a big ponzi? Or it's because you lost a huge amount of money buying at the peak and now you are spreading some FUDS
.Don't buy now, I'm telling you people. The market is still likely to go down much further since it's just been the start of this bear market so if I were you, maybe save that money and wait for it or hope for it to go down much further because we know that it's volatile and the possibility for bitcoin's movement is still unpredictable.
You might be right but you might be wrong as well.It's your own opinion so it's ok but as for me, it doesn't matter if I will buy today or tomorrow or the next week. The fact that we are down by a huge percentage from it's recent peak is already a sign that it's a good time to buy. It might go down like you said yes but there is a thing called Dollar-Cost Averaging. As for me, I don't think that we will go down below $20,000 ever again. The one happened few weeks ago is just an extension of some investors who are panicking when they saw Bitcoin near $20,000 already. Good thing that it bounced up immediately.
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