Bitcoin Forum

How fucking stupid is that?  Anyone investing in crypto should prepare to gain 10X their entire investment.  This would be a much better way to prepare as it is far more likely to happen than a loss of entire investment.  WTF is wrong with journalists today?  

Welp. Pretty much 90% or even higher of the top news sites(that aren't solely focused on crypto) are bitcoin/cryptocurrency haters anyway, so I'm really not surprised. I've only seen positive articles from them when we reach ATHs. For some reason I think when they think of crypto they always think of the word "bubble".

If you buy or invest in a trusted coin coin such as bitcoin, ethereum, Xrp, or also your doge will not lose your money, you can even get doubled when the price goes up.

Nothing is wrong with journalists. They are simply aware that they arn't licenced financial advisors and they need the disclaimer in case they get sued. WTF is wrong with you for not understanding that?

There is only one thing or reason as how can we explain why that journalists wrote such harsh comments about bitcoin. Probably that journalist have invested a huge sum of his money into bitcoin last December when bitcoin was at 20k$. Then when the market crash he lost a huge deal of money, he panicked and sell his btc at a lower value. Thus with his bad experience he threw a tantrums against bitcoin.

seems like it was just a bitter reaction is that what you meant to say?lol if thats the case this is a cause for celebration that journalists becomes a victim of their own fake news..were heading moon now and this cant be reasonable to believe.

But op is right that we must prepare for x10 than buying this journalist criticism

Actually with most coins it is far more likely to lose your entire investment than gaining 10x. Most projects are in their infancy and without any working product. Startups have a very high failure rate.

This is just a simple disclaimer which they simply have to add when talking about high-risk investments. I personally think this is very good that they warn people about this. I will even repeat: "never invest more than you can afford to lose". Don't count on 10x, prepare for bad scenario, I would say. Remember 90% of traders lose their money.

those people used to live under regulations. they don't aware how to be decentralized. or they are the victims that become the reason for social media ban crypro currencies advertisements.

I think you misread their intent a little bit. For any wildly speculative investment (I mean, lets be honest, as great as bitcoin is, its prone to very dramatic moves - both positive and negative) its important to couch to investors that "Hey, this isn't a sure bet. You need to be emotionally prepared that you could lose big time." This is especially true for people who really haven't done their homework and don't know anything about crypto, but have simply heard "wow, bitcoin is going up like crazy". The basic idea when investing in anything, I think, is that a person should be emotionally/financially prepared that yes, they could lose everything, and not to invest in a way that, if any particular investment went south, it woulnd't ruin you.

I will always remember this. Thanks for putting this in a brighter perspective. Most people have an unrealistic expectation with cryptocurrency, which either puts people being afraid or too optimistic about it. When financial advisers tell you the dark side of investments, that is to warn people about the risks. I personally don't like things that are too good to be true because most often, they are scams.

I hope that for the newbies, they will realize that ALL investments are a gamble.

"never invest more than you can afford to lose"

Trade in and investment in crypto-currencies can bring a high return on investment.  But when there is high volatility in the market, there is a stir in the press, and everyone is trying to give you advice when and what to buy, you should be extremely cautious.  Crypto currency is a new market.  It requires special knowledge that the inexperienced investor does not have.  Rapid growth has generated volatility.  Although crypto-currencies appear to be an attractive investment, any new phenomenon is unstable, and this must be taken into account.  Therefore, a potential crypto-currency investor should evaluate the ratio of profit potential and risks in order to make the right choice.

It doesn't have a devastating negative impact to gain ten times your original investment, but losing the majority of your investment (which would have occurred if you bought in at December, for example), could be a serious problem if you're low on money.

It's the same warning that investment related services are legally obligated to give - capital at risk - but it's a warning for a more naive and amateur group of investors than many stock market investors, so if anything it's more important to repeat.

It's hardly FUD, it just slightly dulls the blow of people losing their houses or going into debt from buying too much BTC.

Well sir, the majority of them I think is an "old school" journalist. Just like "old school" economists, they think bitcoin don't have fundamental value.
https://www.sciencedirect.com/science/article/pii/S0165176515000890

But ofcourse we disagree with them.
Education is needed

Most of you doesn't seem to get the eccentric sarcasm of our OP. He's trolling your bullish attitude. OP is a perfect example of that permabear that got burned once and got out, but the price kept growing and people around him were happy because their investments grew while he became more and more bitter. Now what you're seeing is a permabear that won't buy at all, ever again, even if he keeps experiencing 500% gains per year on BTC.

I think the case here is because they are scared of the reprimand of the government and not necessarily because they believe that someone will lose 100% of their investment.



he should say that there is risk of losing money, as in any investment, but it is not correct to tell people that they will lose all money because it is speculative and not regulated.

with that phrase he is putting all the cryptos in the same pot, which is wrong.

In my opinion, not everything is extreme, at the time of investing we must be aware that it is a risk that must be assumed and therefore be prepared in the profits as in the losses, the cryptocurrency market is very volatile, so we must educate ourselves before investing and not selling without having at least recovered the investment.

Well, the news sites now are really unreliable. We'll never know if its true or just a fabricated story. Basically, all we have left for ourselves is to rely on our gut and hope it aint true. Oh well,we were already told in the beginning, invest only what you are willing to lose, so basically this makes a little bit of sense

I dont think journalist are too stupd to make such comments with out a basis or valid reason. They’d may seen or known some who’ve invested in bitcoin and made a wrong move with their investments and they’ve lost.

Did you expect better from them?

I've often heard it in the media in my country, I just think if you want to invest it must have a strong readiness to loss, because not all investments can be profitable. Be careful.

I think this is really important to point this out that Bitcoin is highly speculative and very risky investments. Like you said this is not good if you are excited and see only positives. For me, you are blind and not investing only gambling based only on FOMO or Hyip.

Remember that most of the money is made by people who invested in Bitcoin before 2017 or earlier. Majority of people joined Bitcoin revolution when there was news every day in media about another ATH and this all started on a massive scale when Bitcoin hit 10.000$ price mark. That was the first time when I heard on my local radio that Bitcoin is a great investment opportunity.

Known investors are saying that when you hear on the local radio about your investment this is the best time to sell. 2 months later BTC was 25K and the bubble bursted.

it's just a definite speculation for their personal self.
what is important in investing is how to understand carefully where people will do it and have a good strategy for it.
when it comes to risk, it's not a problem in business because everybody's doing will have a risk.

I think it is necessary to add a disclaimer like that to warn people. If you put up in a news that you can make 10x your initial investment, I bet there would be more than few people that would put their life saving in it or take out a huge loan for a profit. You will see this kinda disclaimer in many type of investments like stocks or options or commodity etc.

I think so, bitcoin will certainly still exist, the developers will definitely work hard for bitcoin to keep it there because the crypto world is a very unusual discovery

Journalist/ the media are simply doing there job, most do not understand how the cryptocurrency space work also they prefer to release negative news which will most likely draw crowd to there site.

Just some media FUD's to discourage people from buying and encourage them to sell so that prices will crash. So that "THEY" could scoop up as much Bitcoin they could. After doing so, the media will now spread some good words about Bitcoin with the purpose of accomplishing the opposite of what was stated earlier. Pretty much manipulative I would say...

Well bitcoin is decentralized isn't it? By the way it's not new anymore to people who have been in bitcoin for so long. Media and other journalist talks about negative things in cryptocurrency. Those who are old in bitcoin are the people who are more legit than those media suckers. I am even ignoring those petty news about bitcoin anymore and focus on something with sense.

That's really surprising to see such a post in favor of bitcoin from rawdog.Seems he too has realized the true potential of bitcoin.In Forbes,most articles are just opinions or reviews of authors and we need not take them so seriously.

The heck, expected to lose entire investment? Whoever paid for this article is trying to pull the price down. Most of the articles that are posted there are ln't interesting anymore, anyway they are paid for this and they always post FUD.
Nothing new with media.

forbes is never my top web to read about crypto overall

Is it so? Because that would give everything a different spin.
For one, I don't see how OP's Forbes quote is "fucking stupid" at all. It's entirely objective and plausible. Hate me, but I'll be glad if that was sarcasm, seeing the butterflies and lilies attitude of most replies :p

that's probably the most stereotype statement for bitcoin, that i've read them million times before lol. do you still read forbes? i don't anymore since they're having lots of manipulative posts.

It is okay situation. Almost every day I read news. And everytime I see news that some think that bitcoin is a buble. Don't pay attention.

The problem is in the media itself. All the media is heavily biased. Only a few of it less biased. And after that, there is come a reader that blindly follows what the media said. Accepting whatever it said no matter how the news is too good to be true, and blindly follows it.

Those who listen to the journalists about bitcoin  today are those who are ignorant of what crypto is and why it was formed. Am sure this type of people are still here in this forum. That is their bad luck.

Maybe the journalist is one of the bankrupt because of crypto and be a hater of cryptocurrency XD
Any investment can fail and can make lose the entire investment, but only in crypto you have a chance to do 10x in just one night.
Cryptocurrency is the best and the easiest investment for me :D

I think this is the work of some bitcoin haters or that journalists could be that one of the bitcoin haters because in my point there is no investment better than crypto currency. I have felt myself the real potential of bitcoin and other crypto currencies that has helped me a lot to gain and has made me self dependent for various small expenses that I can bear by my own. Being a student this is more than enough for me and seriously I strongly believe in bitcoin and would like to suggest others also to use it.

In fact, over 90% of the major media outlets have a negative outlook on the btc market and they always think of the word "bubble" every time they write.

Lol. You really believe that? I think it's more stupid not to consider worst case scenarios in crypto because a lot of times, they're the ones that actually happen. Prepare for 10x profit? Yeah right lol.

I think they have some confusion in their posts or they make a provocative article to make the views higher. It is their strategy because journalists have the right to free speech as long as it does not violate the law. just calm down man. ;D

I'm really not surprised. The only good thing is how can we explain why journalists write harsh remarks about bitcoin. I think because of their bad experiences, they threw a fury against bitcoin.

Because they did`nt know what is it,on how this crypto could going and running,they only want to put fud news about it because for me they are going to jealous about it or else they are not believing on it.

That is why it is highly advised that you invest only what you can afford to lose. Pretty much like in all the other currency markets. I have earned thrice as much from cryptocurrency in the shortest period of time than from my other investments combined.

Maybe they just don't want everyone gain 10x profit from crypto investment.
It is already proven that profit from cryptocurrency like investing in a success ICO will make you earn 10x returns or more.
Peoples who loss are because they did not invest on a real project in crypto or they have been scammed.

Maybe it was an article to make the market swing? ;)