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Topic: why are you afraid of buying bitcoin? - page 5. (Read 2003 times)

sr. member
Activity: 686
Merit: 253
January 04, 2019, 08:15:43 AM
#89
Well, mostly people will say, it is because of the bad shape of the crypto market. They are not sure if it will keep going or it will just keep on crushing. But what is important is that there are still a lots of people that are keep on using and holding Bitcoin crypto currency.

Bitcoin has been volatile since it's inception and because it's unpredictable especially after a poor year 2018. i think it's normal to think twice before investing in it. It's different with the early adopters who are holding and have been enriched  over the years but as a newbie i understand all the fears because you can buy it at a huge price today and loose big tomorrow.
sr. member
Activity: 1120
Merit: 254
Leading Crypto Sports Betting & Casino Platform
January 04, 2019, 08:12:44 AM
#88
I'm not afraid, I just do not have any free money for such investment and to take loans in a bank to invest in bitcoin, as someone do, seems too risky to me.
some people are certainly afraid to buy bitcoin, because the price is unstable. however, when a big opportunity is happening, like hardfork information, or something like that. people don't get scared, or doubt, because sometimes they make big price changes. however, some people also have money constraints, but don't hesitate in buying bitcoin.
member
Activity: 554
Merit: 10
January 04, 2019, 08:03:35 AM
#87
Well, mostly people will say, it is because of the bad shape of the crypto market. They are not sure if it will keep going or it will just keep on crushing. But what is important is that there are still a lots of people that are keep on using and holding Bitcoin crypto currency.
sr. member
Activity: 1428
Merit: 251
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January 04, 2019, 07:55:07 AM
#86
Is one of those who is afraid of buying during the crypto crisis on the market or you are someone who is willing to take risks and believe that this crisis is an opportunity to make big profits.

If someone is afraid to take risks in any business or business then you cannot do it. Even though the price of bitcoin is low now I see it as an opportunity to invest in it because we have seen a similar crisis in previous years but in the end it was very noble. I really believe it won't collapse but will soon experience an upward trend.
What do you think on the market today.

I have more money, i will take a risk by buying more bitcoin. In this current market condition, its our opportunity buying bitcoin at cheap price because bitcoin already reach bottom at $3200. I am believe bitcoin is long term investment and the price will recover again
full member
Activity: 658
Merit: 152
January 04, 2019, 06:54:07 AM
#85
I'm not afraid, I just do not have any free money for such investment and to take loans in a bank to invest in bitcoin, as someone do, seems too risky to me.
hero member
Activity: 2058
Merit: 532
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January 04, 2019, 06:52:08 AM
#84
I can't buy any more because of last year's crash and I'm now left with a semi-rekt portfolio  Cheesy
member
Activity: 182
Merit: 10
January 04, 2019, 06:45:58 AM
#83
Yes you are right. Some people afraid of buying Bitcoin. But I never afraid to invest in bitcoin. Because investing on bitcoin will give me huge profit. So I believe in bitcoin. Bitcoin price is low now. So it is the correct time to buy some bitcoin. But there are some people who never buy bitcoin. They always afraid to buy cryptocurrency. They think investing on bitcoin will lose all money. So thats why they never buy bitcoin. But they should buy some bitcoin now. Because now its price is low. So we all should buy some bitcoin.

Thank you
Coin-Desk
member
Activity: 600
Merit: 10
January 04, 2019, 06:30:46 AM
#82
no, I'm not afraid to buy bitcoin now, because I think it's now a good opportunity to get a better profit, because the price of bitcoin is still cheap, so I can still get a lot of profits.
member
Activity: 351
Merit: 11
January 04, 2019, 05:52:52 AM
#81
One and my only reason why I afraid to buy bitcoin is because of its volatile price that may lead to huge losses and totally lose my entire money. But, I have bitcoin in my wallet and I'm waiting for the moment the price will increase so I can sell it out. Then I will find another altcoin which have potential like bitcoin.
full member
Activity: 1750
Merit: 118
January 04, 2019, 05:07:57 AM
#80
Afraid of what ? hell no .  im not afraid of buying bitcoin no matter what the status of the market . rise or fall i always buy bitcoin because i need it to pay my bills online  .  im not using my bitcoin for trading nor investing  , thats why i am not afraid of loosing because i imediately use my bitcoin for online transaction specifically for paying right after i bought it   .  

I think it's because some people think the market has been manipulated ever since and somehow i agree on that. Those whales can really manipulate it.

Not only on crypto market but even on other markets there will always be whales that manipulate it  because that is business  . some will loose and some will win    .

but if i have lots of money i'll definitely buy lots of bitcoins and other altcoins.

so that you can also manipulate the market ? sure you can but i dont think it can be noticeable than compared to whales because whales are still more powerful because they are billionares or even trillionares . they may even have a group or rich people  .  You cant beat the whales dude  .
jr. member
Activity: 165
Merit: 1
January 04, 2019, 05:01:51 AM
#79
indeed there are some people who are afraid of losing. but without realizing it is a process of failure. now the price of bitcoin is low and this is a golden opportunity to buy and hold it until prices rise again. it will bring tremendous benefits later. why should you be afraid
afraid to lose something because they think that bitcoin will not surely recover due to the fast dropping of the price in the market but suddenly it is a good opportunity for some of us to buy and hold it for long term as we all know the benefits we might get through it sooner.
hero member
Activity: 1722
Merit: 528
January 04, 2019, 04:38:58 AM
#78
Buying bitcoin is a concern for some people especially if it's a newcomer. considering the price of bitcoin is still down and not yet stable.And there is no a good news about bitcoin that makes bitcoin prices better.

And what are we waiting for?

You said that the price is still down, doesn't mean that it is the best time to invest, right? What if it is not stable? It is not stable for a long time now and people are still using and keeping on investing on it. It's volatility is the reason why the price rose and a lot of people are wanting to invest on it. Being an investor means that you should not be afraid of what might happen but you should be ready to what might happen and what should your move be. If they don't have the balls to invest, that is their loss, not ours.
full member
Activity: 1003
Merit: 112
January 04, 2019, 04:30:35 AM
#77
I think it's because some people think the market has been manipulated ever since and somehow i agree on that. Those whales can really manipulate it. But if i have lots of money i'll definitely buy lots of bitcoins and other altcoins.
copper member
Activity: 164
Merit: 1
January 04, 2019, 04:04:35 AM
#76
i think the market is been manipulated, the main reason crypto currency was created and has gained prominence over the years is because it eliminated the activities of the banking system, so transactions can be done without the interference of the banking system, but what we see now is that bitcoin is been controlled by the same caber that is behind the banking system, pumping and dipping prices at will.
hero member
Activity: 2394
Merit: 512
Leading Crypto Sports Betting & Casino Platform
January 04, 2019, 03:54:20 AM
#75
Buying bitcoin is a concern for some people especially if it's a newcomer. considering the price of bitcoin is still down and not yet stable.And there is no a good news about bitcoin that makes bitcoin prices better.
member
Activity: 308
Merit: 15
January 04, 2019, 03:12:35 AM
#74
I think it will rise again soon
It is still uncertain. This is why in regards to my opinion with the OP why users afraid to buy bitcoin is because of uncertainty. The unpredictable market price for bitcoin has shake the investors to get away first in investing bitcoin. This has continued since the demand is not good to which relatively bitcoin has fall down that much from 6K USD to 3K USD.
sr. member
Activity: 2590
Merit: 322
SOL.BIOKRIPT.COM
January 04, 2019, 03:05:28 AM
#73
From technical analysis point of view its advisable to buy a dip just as we are experiencing  now I see this as a good opportunity of taking a risk its quite obvious that the the low of this year will surely be greater than low of last year valued at $3200 at pointer to the fact this year will witness an incremental in the price of btc compared to last year as price makes another swing of lower high.
sr. member
Activity: 1022
Merit: 256
January 04, 2019, 02:47:39 AM
#72
It is a fact that there are a lot of people who prefer not to take risks. These people are either fearful of taking something they are not sure about or they are simply too comfortable with what they have and who they are. Either way, they remain stagnant. In other words, they will be left when innovation and golden opportunities arrive. And the sad thing is that opportunities almost always knock on your door only once. Buy now or regret later.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
January 04, 2019, 02:25:46 AM
#71
I don't feel afraid to buy more bitcoin, but I always check the trend before I bought it and I will make sure that the price is at the lowest price. I don't buy a lot of bitcoin because I don't have much money, so I decide to buy the small part of bitcoin and use it for trade or just to keep in my wallet, and I will sell it later whenever the price increase later in the next days. From doing this, I can get a profit, and I am willing to do this as long as I can see the opportunity for me to get the lower price.
full member
Activity: 952
Merit: 107
January 04, 2019, 02:12:54 AM
#70
Actually now is the time we should buy bitcoin because its price is low. What will be you should be afraid of is when will bitcoin rise its price. Or will bitcoin rise? For sure it is, you should have to take the risk.
I think we should not be afraid will it rise again because sure it will as the price is low now which an opportunity to buy bitcoin. Every investment always has risk but not taken it will not give you profit. Bitcoin is become usable because it applied for payment that is why buying bitcoin is not only for profit instead it has to be a currency.
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