Bitcoin Forum

Hi this is just my opinion and do not take it as a fact.

I am very saddened by this crash because I know so many teenagers who invested into crypto with their college funds during december/january rush and now they have nothing left.
My advice to you, please get out of crypto if you have families and children to feed. this is the game of whales and greediness and they will steal all your money and unless you are a very early investor, they will send you onto the streets. Cryptocurrency can be compared to religion. religion for centuries was used to control population and enslave them. Cryptocurrency is used by few hundred people who own half of btc that manipulate the market in a way where regular people have a delusional hope that one day they will get rich so you put money into crypto using loans, credit cards, mortgaging houses. Banks overseen it and now they try to ban it. Dont excluse the odds of that whales know each other are high and together they can easily nullify  the market to take all your money leaving you broke. Once the market becomes worthless the cycle repeats. people please get out now the market CAN crash to 3k or below and it is inevitable because it is not decided by the world, its decided by few people.  I was a victim of bitcoin scam too. i invested 10k into trx  when it was 24 cents and 2k into ela at 90$ and icx 35k satoshi and now I am broke. I just have 1500$ left from 12k and I will aknowledge my losses and get into real regulated market. there are much better markets out there where you are fully protected. my wife invested into shopify last year her stocks went from 35$ to 190$ and it will only grow. no market manipulation whatsoever. stop feeding the whales please. blockchain is the future, I agree. however i believe when institutions step in, it will be regulated but they will use  their own network rather than the corrupted btc and this is why btc can one day just disappear.

i think it's a really important shift in the power balance, shifting some power from a corrupt government and financial sector. It comes at a time when change is needed.

Sorry for your loss dude. That's why they say never invest what yoi can't afford to lose it. Aside from that it's never recommended to buy bitcoin at it's highest price.

For example if you have bought bitcoin April this year, you have already earned a thousand or two as bitcoin plundges down to 6k that month.

There will never be a safe investment bruv, everything jas a risk in investment world.

A loss is the biggest risk in an investment world, so it's smart to invest as much as you are ready to lose.

There are very low if any guarantees for the money you invest.

When Venezuela introduced the crypto currency Petro, it did not become so popular. All because the state did not have the resources to develop it. If a more developed and powerful country follows the same path, creates its own crypto currency, and in every possible way engages in its propaganda, then, most likely, the result will be different. It is possible that such a coin will exceed the share of the bitcoin market.

I have lost a lot of money in the last few months. For the encrypted market, we need to know that this is an immature market. There are many whale manipulations. If we can't bear too much risk, we try to invest in bitcoin and make long-term investment.

I mean it's not all of the investment has gone because of scam or something bad things, but actually it was depends on your own faith, anything ould happens in bitcoin even it's good or bad and no one can take any responsible for it. So just be careful of what would you do and be inteligent as always.

Bitcoin itself has a nice provision for those who wants to use it,. But it comes out that they made a competition on how to be on top  will proceed with  investments and trading so be it will meet to the finish line of our success.

They wouldn't "have nothing left" unless they made some really poor trades.  Are you sure you aren't exaggerating?  

Also, telling more people to panic sell just because you and your friends made some bad choices doesn't help matters.  Markets go down as well as up.  Make sure you know what you're letting yourself in for before you part with your money.  If you're repeatedly selling for less than what you paid for it, evidently trading isn't your strong point.  Sure, there's some luck involved and maybe you didn't have much of that.  But whales can't be a catch-all excuse for every decision you made.  I don't want to sound completely heartless, but you have to take some personal responsibility.

And if you think there's "no market manipulation whatsoever" in the traditional markets, I have some magic beans to sell you.   ::)

In the first place, college funds aren't something you can't afford to gamble in an unstable volatile market. I feel bad those who were deep in loss but they basically have no one else to blame but themselves. It all boils down to being logical enough to know where your money should go.

Investing in bitcoin is always a risk, mostly unreasonable. Therefore, it is extremely stupid to invest the last money in it. Invest what you are ready to part with.

For those with families and mouths to feed it is a good reason to get into crypto. Obviously not going all in, but what ever you put aside should be going into crypto investments so your children will have a better future

Bitcoin will always have a future, the main problem in here is that there is a lot of FUD around and that is the main reason of why bitcoin can not keep growing up at the moment

That's right. It needs a power balance therefore it can much performing well so we can see it the future as one of successful crypto. We need to giving it much more importance and care so it will giving more better movements that can be much benefited to us. For sure it is become successful and much powerful and productive in the future so let us used it in proper and appropriate ways.

As we all know that cryptocurrency is all about self-responsibility so one should have a sensible mindset while taking any investment decision and he should hold himself responsible for his actions. I am happy about the crash not because the people lost their capital but the price was blowing without any actual growth in the user base which was harmful to the Bitcoin in the long run. I hope that this correction process has taught a good lesson to the investors trying to understand the crypto market. On the other hand, we should look at it through a positive aspect. This dip is the opportunity for those who are trying to get involved with Bitcoin. I am not claiming that Bitcoin will rise but at least it is not overvalued at this stage as compared to that of last quarter of the last year.

you should not be sad about it. these kids learned a very valuable lesson and you can't change that with millions of dollars. a lesson that they are going to use in their future to never invest blindly, never invest more than you can afford to lose, never invest in pump and dump illusions called altcoins,...

i disagree. you just have to use your head. it really isn't that complicated or hard to do. in short term you may find it difficult to predict the market sometimes but in long term bitcoin has always been predictable.
- never fall for the hype
- never listen to advertisement of the altcoins promising you riches.

My opinion about Btc and its future are maybe someday it will be a legal currency for everyone and we hope that the price value continously goes higher to be able to achieve our goal and to be successful by the help of btc. There are a lot of predictions but what can i say is all of that is just a predictions basically it will happens or it will not happens in the future.

my opinion said bitcoin we will growth up and the value of bitcoin will be up if much people support bitcoin.

    Well,that is your own opinion and we respect that. But in my opinion, there is a bright future in bitcoin. It is never too late to invest if you know what really bitcoin is and what the real purpose of it. I believe satoshi nakamoto has the reason why he/they created this digital coin. And we need to look at the positive side of bitcoin to avoid discouragement on whatever happenings on the market at this moment. I believe time will come cryptocurrency will play a big rule in the life of many specially for the coming generations that already know the process of cryptocurrency and the new technology behind it. At lot of things will be happen in our way here in crypto world but but only one thing i can see, the survival of the fittest. The more you have patience ,the more chance you will success in life through cryptocurrency.

Your opinion is to give up. This is a bad idea. If you get FOMOed last december or january then make it a lesson for you that there is no market that is steadily going up and up forever. In every upward movement there is a retracement or price correction that should happen.

Instead of giving up, why dont you buy more bitcoins at this price level. It is very cheap now and we are about to reverse the trend.

The best advice is not to get into Bitcoin because you think it's some sort of magical get-rick-quick scheme.  It isn't.  Most people should forget all about trading simply because they suck at it and constantly lose.  There's no polite way of saying it.  You are meat for the grinder if you try to play the speculator game when you don't know shit about it.  So don't do it.  Bitcoin is about realising there's something deeply and fundamentally wrong with "traditional" money.  Something that can't be fixed.  You shouldn't be looking to sell your bitcoins for a larger pile of broken fiat than you paid for them.  That's not the point at all.  The point is to have something better than fiat.  If you sold it all trying to make some dollars or whatever other national IOU is mandated in your locale, clearly you don't understand this yet.  Come back when you do.  Bye for now.

I want to give my opinion about BTC and his future. I think BTC is the most advanced technology among all the digital technologies discovered at the moment. And this BTC will be the world's main currency in the future. It will accept it around the world and people will consider it the best source of investment in the future.

I think you should consider a lot of factors before investing. One code I live by is that, I don't always see Cryptos as investment, but mooning is one bonus factor or aspect for everyone. If you really need to see it as an investment then you should learn trading. I say I see as not an investment because every particular coin has its purpose for invention of which almost 80% maybe be for transaction purposes.

I think Bitcoin is a first crypto technology not a most advanced technology because better performing projects are available in the market and many best technology also available but unfortunately Bitcoin is rule the crypto market. All the investors are mainly consider in Bitcoin so it will never down in the market.

Be sensible in risk taking, if people thought it was free money then no its never that simple.   Just sounds like people being a little lazy and gambling and risking 'it'll be ok'    
None of that means Bitcoin the protocol is to blame for public mis-comprehension, the price is really not a measure of success.   IF anything Bitcoin has risen while the graph dropped, by that I mean the utility of Bitcoin is higher now with its low fees then when we were at that peak.

I really was worried the devs were sitting back thinking $30 fees was just fine, its no where close to feasible long term and thankfully they found a solution and we are all now better off.  Sorry if people relied on a price to go up in a matter of months, no market does what you tell it to.   This is not a failure, speculators are competeting against each other to some extent and now the Futures markets with professional traders are also playing that game.  Long term BTC has a purpose and a genuine use to the world that should facilitate growth, commerce and liquidity between capitalist participants in global trade.

Thats all a big positive and if BTC can help the world then its going to be a success, just decide if you believe that or not.  If you think its all fake then obviously I wouldnt hold or try to guess when it might go up, I think BTC will be useful so longer term all this guessing is not as important

Any position should be built month by month not a lump sum taken from the capital value of widow and orphans.  Crypto is so cutting edge, its really not the place to just throw it all in

Not bitter and salty af but it's their faults why would they invest on crypto currency without a plan ahead especially BTC. BTC has the far most instability of all the crypto there is. Plan ahead like what's the range in loss that you sell or win that you will also sell