The harmful affect of a continuous downward movement of the Bitcoin price. - page 2.

sana54210

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Quote from: onrise on March 01, 2019, 01:34:48 AM

Quote from: eroejoe on February 28, 2019, 03:54:55 PM

Maybe you are right that continouous downward movement of the BTC price is not good for long term, but I am selfish and I need cheaper BTC because I did not come here in time to buy whole BTC with my pretty low earnings.

So when the market is low at present are you buying it ? I am sure you would not be buying now and when it rises you would regret that you did not bought it . So do not miss this opportunity as you would not get this price back later.

Exactly bro and only wise investors will know this. This downward trend in bitcoin is a great opportunity to buy, there are so many who are glad about this time. It is only unfortunate that many bought already when it was quite still high and they are so impatient already seeing the decline but it will definitely get back better, and with the prediction of bitcoin rise for 2020.

I hope it is not a selfish wish to see Bitcoin go down a little more because I have a goal and I want to be among those who would be glad they bought at this time.

Oceat

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Quote from: sheenshane on March 01, 2019, 01:09:47 AM

Yesterday, my non-bitcoin enthusiast mother and I had a conversation. Since the bitcoin went down and I consider my mom a non-bitcoin person and tried to ask her opinion about bitcoin.

I was very shocked. I asked her what did she think about bitcoin and she replied: " I heard bitcoin went down and I will never ever think about investing in Bitcoin".

That is how she replied and I was very hurt. The impression of the non-bitcoin people to bitcoin today is very bad and a lot of them have doubt of going into the industry.

I hope we can help bitcoin to go back to its reputation.

Then, this just means that you are affected by the harmful effect of the continuous downtrend of Bitcoin price. Well, if you ever meet someone that doesn't like to invest or want to say something stupid because they think Bitcoin is just a scam then think of them just like your mother. I mean, not really hate them but ignore them because they just don't know what they were talking.

mersal

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Quote from: davis196 on December 05, 2018, 02:16:58 AM

You are right,but bitcoin isn't a stock or real estate.It's totally different.It's manipulated by a bunch of whales that make profits even when the prices are doing down,so they could later buy cheap bitcoins and wait for the next big bull run.The crypto bubble will be constantly going up and down and the whales(and probably some smaller traders) will keep getting profits out of it.

yes I agree with your point Bitcoin is not like the other investment if you can make the profit while the price was very low at the time of bull run and we cancel our investment and make the prophet Moses is the main thing of all the investors to stay here in this field for long period of time.

virendarnagpal

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economy moves in a circle. that is why nothing is permanent. every bull phase is bound to be followed by a bear one and reverse is also true. there is no problem in circular movement.
but if the bear phase continues and lasts long time it is bad. It should not happen. Because if downward trend continues for long; people will start leaving this market by withdrawing their investments. New investors will not come to the markets. It will further push the downward trend resulting in more loses to the holders.

LUCKMCFLY

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Quote from: chaintee8989 on March 01, 2019, 01:31:39 PM

I can see the panic and depression among the short term investors which is a heartbreaking and harmful effect on the crypto world due to downtrend movement of bitcoin prices. I suggest for them to be positive and keep the hope alive, it’s definite that the uptrend of bitcoin price will happen sooner than our expectations.

Do not think about making a profit with bitcoin in the short term, because you will lose if you do it as an investment, if you invest in bitcoin you should think in the long term, the only way to make a profit in the short term is if you become a bitcoin speculator , following the direction of the Market and win from there.

BlueStackz

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I have the same perspective with you though, I understand so well that the continuous downward movement in Bitcoin price is not good because it discourages some investors and incoming investors but selfish people like us want it to go down very well so we can buy as much Bitcoin as we can, this is because i so much believe that no matter the amount it goes down to it will surely rise above its last highest limit.

I will encourage investors to see this period as a time to accumulate more Bitcoin,buy as much as you can so as to be among the billionaires Bitcoin would be raising in the nearest future.Just don’t be in a hurry for it to rise but have the hope that it’s a good investment to do.

PlusOne88

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Certainly it creates a panic among investors, but if you are not going to look at bitcoin prices on its current state but on the possibilities of it growing in the near future, there is a possibility that you might just want to hold as much. When prices of bitcoin did go down, many are waiting for it to hit the rock bottom so that a new start could just begin. But it didn't happen too low and was only around $3,000. If it did a sudden jump in price could have been expected. People new of bitcoins utility so that there was not much of a need to panic at this point in time.

Bitcoin-Turkiye

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Absolutely I agree.. Unfortunately, the price of bitcoin falls again after rising. if we want the bull market to come. gradually there must be a steady rise.. many people have lost hope in the crypto market. I hope everything will be better.

n0ne

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Quote from: breathlessz on March 01, 2019, 02:29:11 AM

Quote from: entebah on March 01, 2019, 02:09:34 AM

Quote from: bonker on February 05, 2019, 02:39:13 PM

If the price fell too much then you can buy more bitcoins with the money what you have so just take it easy!

Looks like harm for now but in the end of 2019 we may see some huge bump....[shhhhhh]

True, if Bitcoin continues to decline is the best time to buy a lot of Bitcoin and save it until 2020, because 2020 is a Halving year for Bitcoin, so we can see prices rise like last 2017, because history continues to recur if BItcoin will do that Halving.

there is no guarantee for that year. I think faithfully holding bitcoin is enough. because we don't know when the bullish market will start. keep consistent with the initial goal must be our handle

As stated none is sure about the bullish market of the bitcoin. We are in need of a a bullish market to experience good return from the investment, and the same is possible through holding. Maybe this is little bit confusing and it won't give us with the right time benefiting as predicted. So, it is always good to keep track of the market move and act accordingly to profit rather than getting stuck to targets.

Hivalley

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Quote from: daarul50 on March 01, 2019, 02:42:13 PM

The most dangerous impact of the continuous decline in bitcoin prices is that bitcoin does not have a price

Not actually sure what you mean here bitcoin definitely has a price,just that's it's a fluctuating one,an unstable one that's not definite.And truth be told that's how it has always been.
About the bitcoin not being used again, that will never happen, the bitcoin as of this moment and in years to come cannot go extinct.
Unpredictability is one of its traits and we all were aware of this at the beginning

daarul50

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The most dangerous impact of the continuous decline in bitcoin prices is that bitcoin does not have a price because if bitcoin does not have a price then bitcoin will no longer be used as a digital asset to invest. That way, bitcoin, and its technology will remain and will not be destroyed but both will not be used again.

Osamede

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As with every emerging markets,a long bearish trend has had adverse effect on the market.a lot of crypto projects are nearing a zero value and the capacity to raise funds for new project has been greatly diminished.we need some cash injection to remedy these.

chaintee8989

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I can see the panic and depression among the short term investors which is a heartbreaking and harmful effect on the crypto world due to downtrend movement of bitcoin prices. I suggest for them to be positive and keep the hope alive, it’s definite that the uptrend of bitcoin price will happen sooner than our expectations.

breathlessz

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Trphy.io

Quote from: entebah on March 01, 2019, 02:09:34 AM

Quote from: bonker on February 05, 2019, 02:39:13 PM

If the price fell too much then you can buy more bitcoins with the money what you have so just take it easy!

Looks like harm for now but in the end of 2019 we may see some huge bump....[shhhhhh]

True, if Bitcoin continues to decline is the best time to buy a lot of Bitcoin and save it until 2020, because 2020 is a Halving year for Bitcoin, so we can see prices rise like last 2017, because history continues to recur if BItcoin will do that Halving.

there is no guarantee for that year. I think faithfully holding bitcoin is enough. because we don't know when the bullish market will start. keep consistent with the initial goal must be our handle

entebah

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Quote from: bonker on February 05, 2019, 02:39:13 PM

If the price fell too much then you can buy more bitcoins with the money what you have so just take it easy!

Looks like harm for now but in the end of 2019 we may see some huge bump....[shhhhhh]

True, if Bitcoin continues to decline is the best time to buy a lot of Bitcoin and save it until 2020, because 2020 is a Halving year for Bitcoin, so we can see prices rise like last 2017, because history continues to recur if BItcoin will do that Halving.

onrise

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Quote from: eroejoe on February 28, 2019, 03:54:55 PM

Maybe you are right that continouous downward movement of the BTC price is not good for long term, but I am selfish and I need cheaper BTC because I did not come here in time to buy whole BTC with my pretty low earnings.

So when the market is low at present are you buying it ? I am sure you would not be buying now and when it rises you would regret that you did not bought it . So do not miss this opportunity as you would not get this price back later.

sheenshane

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Yesterday, my non-bitcoin enthusiast mother and I had a conversation. Since the bitcoin went down and I consider my mom a non-bitcoin person and tried to ask her opinion about bitcoin.

I was very shocked. I asked her what did she think about bitcoin and she replied: " I heard bitcoin went down and I will never ever think about investing in Bitcoin".

That is how she replied and I was very hurt. The impression of the non-bitcoin people to bitcoin today is very bad and a lot of them have doubt of going into the industry.

I hope we can help bitcoin to go back to its reputation.

LUCKMCFLY

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Well, from a global point of view, it is not good that Bitcoin keeps going down, because many people see Bitcoin as a digital currency of the future, and those who buy it do so thinking that this currency will be worth a lot in the future. , in fact, people build their castles in the air ... But from the point of view of the market speculator they do not see it that way, they see it in how to make money in a bearish or bullish trend, many do not think about technology, they see it as an action, as the speculators of the Stock Market do ... Although all speculators know, by lowering the price a lot, it collapses those castles in the air of the people and can begin to withdraw from them.

The reason why the price goes down, is simple, everyone wants to buy cheaper to sell expensive, that's why it's all this madness along with a high volatility.

Not only the speculators and investors intervene in the market, we can not forget some miners who are also part of all this, therefore, it is the high volatility, because many people who know nothing about the market can panic, others buy, but for now it is beneficial to have bitcoin, because it will increase, you can not determine when, or how much, but by the structure of the market.

shannelcoin

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I think it's not really harmful as long you know how to manage what you have in crypto and also it depends on us how to make a limit to every investment we do in crypto. And about the market we need to be calm instead panicking about dropping in crypto market.

eroejoe

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ツ

Maybe you are right that continouous downward movement of the BTC price is not good for long term, but I am selfish and I need cheaper BTC because I did not come here in time to buy whole BTC with my pretty low earnings.

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