Topic: Stupid money - page 4. (Read 1820 times)
My view is that cryptomarket is unpredictable. We can't expect what will the price in the next month. But you think that top alts is a good choise. As for me, I'm not sure that all top altcoins will survive.
it’s really absolutely pointless to panic if you have invested in good altcoins and with good technology, they will in any case bring you considerable profit
A minor fall of BTC and stupid money goes panic selling.
Get it into your head:
-unless you have a really really really large investment in BTC, BTC won't bring you as much profit as the best alts that have not already been too pumped up will
-BTC is not end all of all crypto. It is important but crypto does not depend on it
-crypto will not die, it will grow much much much bigger so stop panicing!
-if you chose good alts, you have nothing to panic for! If you don't trust you chose good alts, you shouldn't have invested in the firyt place
-buy BTC with FIAT!
Get it into your head:
-unless you have a really really really large investment in BTC, BTC won't bring you as much profit as the best alts that have not already been too pumped up will
-BTC is not end all of all crypto. It is important but crypto does not depend on it
-crypto will not die, it will grow much much much bigger so stop panicing!
-if you chose good alts, you have nothing to panic for! If you don't trust you chose good alts, you shouldn't have invested in the firyt place
-buy BTC with FIAT!
Those people who bought cryptocurrencies at the peak of their prices start to panic. They must be called fools, because they always buy at the peak of prices and sell when prices start to fall.
Investing is not about IQ level and it is not game of smart vs fool. It is all about patience and sustainability of trader,investor. You pay fiat in order to get cryptocurrency in other words: Money means what you pay,value means what you get. Value of money is illusion and that's why noone can break this endless circle.
Did you expect that with such a low threshold of entry and the ability to buy cryptocurrency in 2 clicks, only smart money will come here?
I agree, the crypto market is only at the beginning of its way, and it will be developing. Many Altcoins will leave the market, only the strongest will survive. Now an each investor should learn the market very well before making a decision.
We cannot blame them for making panic sale. But when this really happens, you should go for a spin ride. Because when you decide to hold your btc and the dump still continues, you can have total loss on your investment.
Most times, i prefer investing in altcoins than btc and that is where i get my profit most. At this moment, there are a lot of cheap altcoins that one can buy and hold.
If if the coin dumps, i will still continue to hold, in as much as it is a good and promising coin.
If if the coin dumps, i will still continue to hold, in as much as it is a good and promising coin.
Yes. I agree. A lot of people were panic selling and aiming to get the small amount of money in exchange of a huge amount of coins. I believe this shouldn't happen as they are to go up than down. Also, the prices is so unreasonable to even consider selling. I believe that those people who sold their coin has given up on crypto. They settle for a portion of what they can get than lose all of it.
I agree with you, participation in the bounty brought me a lot of experience and knowledge about cryptocurrency. I still participate in the bounty and learn something new.
Many people that invested into cryptocurrencies did not know how it works and that is why many keep selling out of panic. I will also advised that there is no need of you investing into cryptocurrencies market with the money you cannot afford to lose. Therefore if you want to makes money you have to invest along with your money management ideas.
Definitely what is happening right now in cryptocurrencies is that if you are a wise investor, then now is the right time to buy bitcoin while it has a very low price. Because once the altcoins double by a few months then you will be able to gain double. Buy alts now!
such thoughts were in the summer. Some coins were bought, and now their price is several times lower. No one can guarantee a further decline. everything is relative Bitcoin has the power that you don't think, in the market, there are still many who trade using bitcoin, so strong the community and still has value and investor confidence. This trip is still long and still needs a process to get good development.
I have the same opinion as you, bitcoin still affects the market's condition. As we know, it is the first coin and still being the king of coins now so I think the power of bitcoin is so big. The price of bitcoin still affects the price of some altcoins.but from the beginning until now there has been no change that has changed and has the potential to change the way people perceive crypto and bitcoin. What they know is that bitcoin is very bubble and this very high risk makes some people avoid it
If you take in fiat currency, mutual fund is still not getting invested by lot of individuals as they are also getting worried to invest as it got high risk and you have to wait for long term to get profit. Same if you invest in bitcoin then you should be knowing that if the price is moving down you have to wait as the price will move up but it will take time.
Bitcoin has the power that you don't think, in the market, there are still many who trade using bitcoin, so strong the community and still has value and investor confidence. This trip is still long and still needs a process to get good development.
I have the same opinion as you, bitcoin still affects the market's condition. As we know, it is the first coin and still being the king of coins now so I think the power of bitcoin is so big. The price of bitcoin still affects the price of some altcoins.but from the beginning until now there has been no change that has changed and has the potential to change the way people perceive crypto and bitcoin. What they know is that bitcoin is very bubble and this very high risk makes some people avoid it
Smart money actually buy bitcoin at this moment as bitcoin is currently selling very cheap at this point! Cryptocurrencyis cyclical and buying at the right time gives you a good position and hedge when the good time of crypocurrency roll by!
I am also trying to invest more due to such market conditions, because it does not make any sense to sell all your crypto savings at the moment. Just believe in crypto guys and buy more altcoins, because the prices are very nasty.
why does everyone keep talking about bitcoin if there are problems with crypto currencies, even though there are very many crypto currencies that are scattered in the world.
You do not know that Bitcoin is a pioneer, as it is the first coin to bring the concept of decentralization. That is why the crypto market is divided into two types of coin, Bitcoin and altcoin
A minor fall of BTC and stupid money goes panic selling.
-BTC is not end all of all crypto. It is important but crypto does not depend on it
-if you chose good alts, you have nothing to panic for! If you don't trust you chose good alts, you shouldn't have invested in the firyt place
-BTC is not end all of all crypto. It is important but crypto does not depend on it
-if you chose good alts, you have nothing to panic for! If you don't trust you chose good alts, you shouldn't have invested in the firyt place
- I have long-term investment in Eth because I think it's a promising Atlcoin. I bought Eth around June for about $ 400 / Eth. But Eth's current price is below $ 100 ....
-As you say, the value of BTC decreases does not affect Atlcoin. This is absolutely not true. The decreasing value of the BTC has caused the market to become unstable and have a huge impact on Atlcoin.
why does everyone keep talking about bitcoin if there are problems with crypto currencies, even though there are very many crypto currencies that are scattered in the world.
I think lot of people can not ready to face critical situation. because market is reduced value not only bitcoin in many others altcoins. but don't worry about that, it's a part of any business.
Jump to: