Bitcoin Forum

Many people who entered the crypto ecosystem within last year ending thought it was a 'get-rich-quick' venture and so they didn't understand the true meaning of what they joined. I don't believe crypto was made mainly for investments to give back 100%,500%,1000% and so on within some few days. Every coin has its unique purpose far more than just trading or investments...
Those who've been in crypto for long years do understand this technology better and they seem to still encourage us to hold on. I think we should follow suit and appreciate the crypto ecosystem in totality. Anyways, sorry to everyone who's lost money by investing blindly, but what we must know is that, crypto is far more than an investment platform. Let's keep on promoting projects and spreading the good news to others. The future will be bright.

But Bitcoin was now considered as the Gold of Crypto-World, and became an investment asset. So, I think, it is somehow still an investment venture—well, not an easy way to earn money.

I agree with this sentiment, 100%

The irony is, most of those left in the space now are those that are passionate about the tech, and not the price. However, when the next pump comes, all those that care about the price will FOMO in and actually reward those like us the most, as we are in the market now even the price is down

It's good to know we will be rewarded for focusing on the tech and adoption :)

certainly many benefits that can get from bitcoin more than just as a form of investment and trading activity. because the initial concept in creating bitcoin aims to facilitate in terms of transactions where everyone will get the speed and ease in terms of transactions.

Yet many see only huge gains and ignore the risks of crypto-money markets.
Many people lost a lot of money from their investments.

I agree with you on this 100 percent. We have to keep something projects which are embracing cryptocurrency and the blockchain technology, especially the latter. I very much blockchain will form an enormous part of the near future in almost every aspect of our daily lives. I see crypto as the asses to participate in blockchain from a monetary perspective. One thing cryptocurrency has done is to make raising funds for great projects very easy, from all over the world. Unfortunately it sad that there are quite a number of scam ICOs out there which is bringing a lot of doubt to this great opportunity. But investors need not fear, they just need to be more vigilant and do more research before investing, and then carry on support the project of their choosing.

Wise words. Cryptos are a new revolution and not just a new investment to make someone rich quickly.

This would be the best reason why people do have a future because they always thinking about those uses and what we could do with it, not those people who are just using it for profit and making them rich.Im one of those investors on a project that seems to be good in the future because i do more into its uses not into really profit because i want to make it success not for me but for all.

You still can make money with the bitcoin but the problem is the volatility of the bitcoin so we will never know the prices in future.The main reason for the invesntion of cryoto currency was decentralization amd security to our money while transacting over internet so literally it not to be considered as asset.

These people who joined to crypto in December were a easy holders which dropped price so hard because can't udnerstand a strong volatility of bitcoin.

I think risks in crypto everyone knows, but problem is how everyone thinks differently, there is a response to losses so blindly that branded all crypto as a Fraud. it's obviously a different point of view with an experienced crypto. loss is a path of success, because with loss we grow more careful and patient in analyzing market

It's hard to focus on the technology when 80% of projects out there have none to speak of.

Very true, and one positive that has come out of the past drop in prices, is just this realization, creating better awareness and interest in the projects themselves.

Anyone that has been here for years actually knows the opposite: most altcoins are scams and pointless, but it would be a mistake to think it's all a scam, there are some hidden gems out there, you just must research and put work into that, and you will find them. It's safe to think anything but Bitcoin is a scam, but with this mentality you will find the next x1000 coin. Keep searching and DON'T lose your bitcoins in the process.

Crypto is a very useful tool for our future, as new people who know crypto will become one of the future forms of savings, thus investing crypto is the best. For those who have long been in the world of crypto will be better understood about the market and will invest crypto by looking at various market conditions, so crypto pretty good as a more profitable investment business.

This is the reality of the situation, many people were disillusioned about crypto so they actually invested blindly thinking of making huge profit. However understanding the true nature of crypto is the ultimate thing for every crypto fan or investor. Crypto investment are unlike ponzi where you make 100% in fews days. Most crypto projects are tangible projects that need time to develop.

Yes, I agree with you. Basically bitcoin and other crypto have different purposes. The creation of bitcoin has many benefits, the initial goal to simplify and speed up transactions, and is now a very valuable investment asset. Now, I think more people are using bitcoins and other coins to double their wealth, and few see to develop the technology.

I think Crypto is a very easy investment tool for now, so it will work because the price of digital currency is really volatile then if we do transactions around the world better to convert it to fiat already after we have got in the digital wallet our own, but there are some hidden gems out there, we just have to research and put the work into it, and we will find it

Well crypto was created to bring something good. Anyways the problem is that most projects lost their value and I think that was due to the reason you just clarified. Almost everyone thinks about huge returns and at the end it ends up real bad for everyone. Goto the telegram community of just ended projects and you'll find investors yelling for when they'll get huge returns meanwhile the real projects might not have been started yet. I think we should stay calm and allow crypto take its course. I hope by the end of this year people will truly understand the technology better and the real use case of crypto.

Crypto market soared extremely high and fast and that attracted many amateurs. Meanwhile trading and investing is very difficult kind of job and unfortunately many novices bought at historical highs thus they did not earn anything. Anyway they got nice experience. Meanwhile many investors are waiting a new bullish crypto market so all wishers will be able to earn again.

It is far more than an investment, although people will mostly just focus on short term gains, which is understandable.

Most common people are thinking crypto is the gateway to become instant millionaire. Well I have seen some of those in last year when hype was real, but yeah, I agree that people should consider that crypto is innovation that we should not rush, it is a step by step process.

Many do not understand the whole essence of the crypto currency, for which it was created. For the majority, this is an investment tool that brings in orgone profits. And most people, it's only used.

well you can't blame people for trying to make some money and not caring about the tech, not when till now there is only few cryptocurrencies with a legit working product.

Most people in the crypto community already know that crypto currency is not only made for investment  but also for the purpose as a payment system. However, I think that people would prefer to do on investments rather that using it's currency to be use as payments on the payment system. I would suggest that these people should focus their money into crypto investment, but before doing so, they should at least be more knowledgeable and skillful enough to understand how it works.

I agree with your opinion bitcoin not just to invest it but there are so many advantages we should know, I believe cryptocurrency will continue to grow and become better

Crypto is a highly profitable and quick investment.

Also, investors understand the big risks of losing all funds.

I choose investing in NEO

It really is sad to think that many investors was blindly encouraged to invest in cryptocurrency without knowing the risk or dont even bother doing their own research. What they focus in mind is the percentage of return on their investment but not the down side of the story. Cryptocurrency really got a future and we will see its true purpose once it will be adopted by most countries and recognized legally. We just have to observe smartly in the market and be patient with the postive result.

Now businesses are born about which no one knows. But they are very promising and for 10 years can confidently give + 1000% to investments. Will they give such a profit in 20 years?

You are right, cryptocurrencies are not just a way to get rich quickly, but first of all, technology. Each coin has some features, but still in any case, we must not forget that this is also just a coin.

And I like buying and selling coins! Even falling, the coins don't just fall, but swing. And on a general fall, you can also trade. I love crypt for it. And I love the crypt for its unpredictability. If to be ready, even unpleasant surprises can be not so unpleasant, and pleasant - very and very much to please.

Yeah, I know. We can still make money out of Bitcoin, to think that it is more than just a thousand dollars now. And that's exactly the reason why I said it is "somehow" an investment asset now---decentralized, anonimity.

But, yeah, not literally.

A lot of members are on the stage of learning, they might gains such knowledge through their experience inside crypto. A lot of people get loss from crypto investment because lack of knowledge and experience. Actually, that is the most important tool in here and you can acquire it not just a single day but it needs more times. 

   For some it's source of income, for some it's investment, in both ways
we agree in one thing crypto-currencies are here to stay and there is
something interesting for all people profiles. It's new for all of us, we learn
something new everyday, that is unavoidable here, there is no person that
knows everything about everything.
   Crypto-currencies are technology of the future. You can invest in it and wait
for technology to develop, to set up some passive income or have fun, crypto
can be what you want it to be.

At it´s current state, bitcoin is viewed as digital gold, driven by the idea of value preservation or quick ROI, even thou it is very volatile. It is by that definition, just like many other cryptos an investment venture. I agree with your thoughts and even bitcoin could evolve into a payment method, even if there are better coins out there. When looking at the whole crypto space it is not a investment venture but many or most users still only hold coins for ROI not to use it! The usability of crypto is still so low, but the potential is there, to go beyond being just an investment. When we see usability that generates value for companies or when companies realize they can save energy and time, blockchain will have evoled into a very usable tool.

We are living in an ever more global world and blockchains bring us closer then ever, we can send money or documents to anyone anywhere without third parties and with 100% anonymity, this is not an investment, but a strong reason to use cryptos.
In my view, decentralization and privacy is what it is all about and I both use and hold different assets, as investments, like most do, but also some that is intended to be useed for a purpose.

We should absolutely promote good projects, but also promote the intentions behind blockchain tech and it´s potential!

I use / used STEEM to blog and to buy a few things, I use DeepVault and DeepOnion to send some funds(anonymous) and store documents, bitcoin to place bets yeah the list goes on, we need more adpotion so we can spend / use more of the cryptos :)

Peace

Thats what the problem comes reality here in cryptocurrency.this is not the main objective of satoshi nakamoto when he creates bitcoin this supposedly a currency not an asset,thats why price becomes pump and dump because-of this.if we will only use this in proper way maybe market is better than what is happening now

I think personally if many see only big profits and ignore the risks of the crypto-money market.
And also many easy holders who drop prices so hard because they can not understand the strong bitcoin volatility.

This is very true. I myself invested in crypto not just for making money, it is also a chance for me to take part in the technology that will rule the world in the next decade.

cryptocurrency is a futurw of the world we are living in, so i want a lot of peopel will learn nnhow tonoperate it

cryltocurrency and other things are so efficient and i believe thaf it will be accepted at many shops and othsr companies

I want to say if I agree with your opinion bitcoin is not just for investing but there are so many advantages we should know and I believe if cryptocurrency will continue to grow, so I would suggest that these people should focus their money into crypto investment, but before doing so, they should at least be more knowledgeable and skilled enough to understand how it works.

The downtrend for the past six months opened their eyes to the reality that it is not a get-rich-scheme because ever since the meteoric rise last December, the price has been in a downtrend. The market may already reach the bottom and now heading towards a new trend again but we can see that those who are in it for the long term are the only ones who remained in the market and those who only joined for quick profits has been burned and I think they left it months ago maybe not returning again.

Those who have been in the space for the long term or OGs know the market better than the newbies and they are the one we should follow because they know more often than not what is actually happening. We just need to look at the bigger picture and view the market for the long term. Newbies panic but those who have been in here for some time already has their positions in place because they have experience it before and learn from it.

Today's cryptocurrency investors, most of them speculators, don't care about the technology and use of passwords, just about when prices will rise. So I don't think it's a bad thing for markets to fall sometimes, we need more believers than speculators.

chances are that because I know a lot of people who invest in Crypto and trade and so now when altcoin prices decline many people who want to buy and hold altcoin for the long term and wait for altcoin prices back let alone crypto market has not been back up

I think personally if many see only big profits and ignore the risks of the crypto-money market.
And also many easy holders who drop prices so hard because they can not understand the strong bitcoin volatility.

Yes, I agree with you 100% that crypto is more than an investment venture because it has more benefits than that but many investors do not take time to understand this and just invest. Well, I will say we should continue holding patiently until the market will recover because it will be profitable as that is when there will be an increase in the price of most crypto and take time to understand the concept of crypto to have a better understanding of it.

What is the reason? they always thinking about those uses and what we could do with it, not those people who are just using it for profit and making them rich.Im one of those investors on a project that seems to be good in the future because i do more into its uses not into really profit.

Yeah that's true. Many of us are awaiting another bull run so that we can make up for our losses. We all hope this bearish season ends soon so that we can cover up. Anyways as you said, it was a nice experience though!

Well as I said in this topic, Should the market continue this way for another long term, people will truly understand the essence of blockchain and we'll all realize that blockchain and crypto are not only about 100x, 1000x profits.

I think with you, crypto is not just an investment but also an innovation where we can use it for transactions on goods or whatever according to each innovation token. This mindset should be remembered, because then we can avoid investments that hope to "get rich quick" in crypto.

This is true. Problem is most of the people now coming here to make money. Most of them are ignorant about the technology. Every token has launched ICO with a reason. Those who don't study these and don't even care about this, they are not the crpto lover.

I guess we shouldn't be sorry for those people, who wanted the fast money. Greed is not a good trait, sometimes we have to pay for it. We shouldn't come to this market with the only desire to make money. It's a wrong strategy. We should come here to get knowledge and experience, and then money comes anyway.

Many people especially in the last year made that mistake, they invested only thinking of cryptocurrencies as speculative assets and as a result of their actions they lost money, those that have invested in cryptocurrencies thinking about its utility and how cryptocurrencies are going to change the economy and the society in which we live are in profits or at least have accepted the fact they just invested at the wrong moment.

probably because I know many people who prefer to invest when the price of altcoin and bitcoin decreases so if you crypto is also better than other projects then it is now you better invest and hold your altcoin when altcoin price decreases

It really is sad to think that many investors was blindly encouraged to invest in cryptocurrency without knowing the risk or dont even bother doing their own research. What they focus in mind is the percentage of return on their investment but not the down side of the story. Cryptocurrency really got a future and we will see its true purpose once it will be adopted by most countries and recognized legally. We just have to observe smartly in the market and be patient with the postive result.

This is very true. I myself invested in crypto not just to make money, it was also an opportunity for me to take part in the technology that will take over the world in the next decade. Hopefully it can be realized and become the best.

I think presently bitcoin was now considered as the Gold of Crypto-World, and became an investment asset. So, I think, it is somehow still an investment venture and still far more than just an investment venture.

We cant rid weak hands to keep away from here.  They have freedom also but sadly there doings is just ruining the entire market trend which help it dragging down. That's usually happen since we are in decentralized and an uncontrollable market.  I don't think if they could realized it since they always thinking of having money easily.

Yes Crypto shouldn't be view as an easy way to quickly amass wealth like politicians and bankers do, when Crypto is viewed in this light of quick wealth, no doubt, greed will step in and people will get their fingers burnt through scams and FOMO like we saw last year wherein people panic bought BTC with the hope it was going to hit Jupitar, I feel for them.

Crypto is an asset to the greatest investment I know when compared to another. more than that is clearly only. technology owned crypto can be more than limited results in investment only. This is the first step in the development of future technologies. so it is true not only of the crypto problem proceeds but also products, systems, and technologies that he is also important and is rarely noticed.

Most people don't want to get involved it technologically part of all this, they just want money only, if there would be less money - there will be only geeks and developers in crypto :) So maybe it is good for those who knows how it works - they develop great things and earn money on those who don't know how it works :D

While there are no completed ideas in the crypto currency, I treat this only as speculation in the market from the point of view of trading.

Everyone wants to get rich fast, but there are a lot of people who don't even know the blockchain technology, who just want to make money by investing COINS. ridiculous

Personally, crypto investment is better than bank investment , speaking from the side of return on investments though.
If you buy the dip of a very good coin and hold over a period of 6 months ...the probability of making *5 is high under normal circumstances.

cryptocurrencies are really a separate financial world. in addition to earnings on various projects, buying and selling cryptocurrency there are many important .anything related to crypto. new technologies are the most important thing that happens to the world and changes it very much

Yes, crypto is something more, than just investment. It is the key to our future and we have to spread it among other people to make it world’s system.

It really is sad to think that many investors was blindly encouraged to invest in cryptocurrency without knowing the risk or dont even bother doing their own research. What they focus in mind is the percentage of return on their investment but not the down side of the story. Cryptocurrency really got a future and we will see its true purpose once it will be adopted by most countries and recognized legally. We just have to observe smartly in the market and be patient with the postive result.

I agree wholeheartedly op. It is true that many investors including me invested into this cryptocurrency market primarily to earn financial incentive since there are plenty of opportunities available in this market to earn huge profits in the short term as well as the long term. However, as I improved my knowledge of Bitcoin and altcoins in general, I understood the importance of cryptocurrencies in our lives and how they could serve as alternate payment methods in our daily lives.

At the end each person is responsible for their money and their own decisions people need to be more responsible, I see a lot of people investing in this market without any knowledge about investing or about cryptocurrencies and of course such actions will eventually make them fail, since many people invest in coins that are obvious scams for the most experimented members of the community but those people are seduced by their greed and at the end they lose everything by investing in those coins.

the possibility that I know is not because at this time there are still many people who invest in Altcoin promising then I think it is normal because there are still many opportunities to invest in Crypto and no more than business investment let alone Bitcoin more than just for investment and trade

It can be said that crypto is more than an investment business because it has a pretty good future, then it is better to invest in crypto. But not all the assets for crypto, so some crypto and some can open the daily business.

Everyone knows the risks in crypto, but we must know everyone has a different view, there is a response to big losses and creates the thinking that all crypto as Fraud. This will be different from a different point of view with experienced crypto players. loss is the way of success, and makes us more careful.

It's very difficult, it's true we can all see a big advantage when investing crypto, but we can not ignore the risk of the cryptocurrency market. Moreover, many shareholders are easily dropped the price, and this is becoming increasingly very difficult because they do not understand the actual bitcoin is already very strong.

Certainly, there are many benefits to be gained from bitcoin as a form of investment and trading activity. The initial concept in creating crypto especially bitcoin is to facilitate everyone in transactions where everyone will get the speed and ease in terms of future transactions.

I`m thinking that I will work here as long as I will be able to, because cryptocurrencies for me its a dream to change my financial condition to better place. And to change my mindset from a slave to investor :)

Yes I agree, Many of us are waiting for a stable market price so we can make up for our losses. We all hope that these dark days are coming to an end so we can get excited again in the world of crypto. In essence we can learn, that failure is an amazing experience.

Cryptography gradually replace fiat money. The most important plus I believe is a significant contribution to the economy through the simple appearance of new money in the common market.

Yes, I'm your like-minded person. I also think that in the crypto currency, you should not look only for profit. I already wrote that ICO and crypto-currencies are long-term prospects. And he who sees them will win

I agree with you. The main idea was not a speculations on exchanges. Crypto is a technologic and economic revolution.

Yes, because I know a lot of people who invest in Crypto and trade, so now, when altcoins is falling in price, many people want to buy and hold altcoins for the long haul and wait for altcoin prices to come back up, steady and stronger than the year before.

Well, the stable market is already here, it is true the price is still moving up and down but that is something that happens in all the markets, the point is that bitcoin is now moving in a more predictable way. so this is the moment to accumulate as much coins as you can before the market begins to move up, and if I am right we are going to have a few years to do so.

most of crypto users obviously want to see their crypto assets can be used from other things such as normal currency and i believe crypto can be used more than investment tools but unfortunate at this time we only will see crypto as investment tools which is people expect if they hold for much longer then they will get profit and this is common thing would we see until the time has not been determined

yes you are right cryptocurrency is actually much better than investment, with trading cryptocurrency you can earn up to more than 1000% profit and yes you say very true the benefits you can get can be very much so take advantage of trading and learn to be good and true trading and do not let you sell at a very cheap price.

I agree with you totally. Crypto has changed and will has changed the world later. Current investments are the tickets for our bright future and we could not avoid this fact.

I completely agree with you. Of course, crypto is not just an investment platform, it's a revolution, the first decentralized, online revolution in the history of mankind. The only thing I would like to add to you, is that let's continue to support not just projects, but only worthy, demanded by the ecosystem and the world as a whole projects. I say NO to shit :D

As we know the initial concept in creating bitcoin to facilitate in terms of transactions where everyone will get the speed and ease in terms of transactions. So not just an investment. We should avoid the "get rich quick" in the crypto, because again this is an innovation in which we can use it for goods transactions or anything according to each innovation token.

That statement is true we must not blindly fall for an investment only but rather try to taste and review why crypto exists. We must hold on to the crypto blockchain technology wherein this an innovation for the future purposes.

I think people are just focusing on getting money and they are actually not focusing on the main purpose of cryptos when they came out, it would be better if people actually take the time to research for the project they are investing in at least.

It is natural that people are interested in making money after all who does not like to make money? But the big problem is that people think it will be easy to make money in this market then when they invest they realize it is not as easy, I have seen people that want to double their investment in a week not understanding that it will take you 10 to 15 years to do that in a traditional market if you just hold your investment.

Crypto is a miracle solution for peoples because it gave US the oppurtunity to invest and gain money just by staying at home

It is more than that, you are correct in that but at the same time every new technology is impulsed by the power of money, just look at another revolutionary technology like personal computers, personal computers at first were created by the effort of some people but then it became a huge business and that is why many people around the world have computers, this is the same, if we want the technology of cryptocurrencies to reach everyone we need the power of money.

crypto is just another investment venture but at the same time crypto is future investment asset with lot of benefits like transparency and technology-oriented business

Nope, just an investment for me.

Most everyday citizens are thinking crypto is the passage to end up moment mogul. Well I have seen a portion of those in a year ago when publicity was genuine, yet better believe it, I concur that individuals ought to consider that crypto is advancement that we ought not surge, it is a well ordered process.

Crypto fulfils many different roles but at the centre of all of it there is a blockchain based immutable database that can be used to store data securely for a variety of different purposes. Of course our main focus here is using it for storage of value in different currencies and as these develop and grow we do obviously hope to make profits in the future.

Yes, I believe that bitcoin exceeds investment efforts and this is very promising and profitable. Bitcoin is also arguably a very useful asset in the future, so investment in crypto is the best and quite good as an investment business.

I need to state on the off chance that I concur with your assessment bitcoin isn't only to invest however there are such a significant number of favorable circumstances we should know and I accept if digital money will keep on growing, so I would recommend that these individuals should center their cash into crypto speculation, yet before doing as such, they ought to in any event be more educated and sufficiently talented to see how it functions.

It truly is tragic to believe that numerous speculators was indiscriminately urged to put resources into digital money without knowing the hazard or dont significantly try doing their own exploration. What they center at the top of the priority list is the level of profit for their venture however not the drawback of the story. Digital currency truly got a future and we will see its actual reason once it will be embraced by most nations and perceived legitimately. We simply need to watch shrewdly in the market and be tolerant with the postive outcome.

The point a lot of people miss is that they see cryptocurrencies only as a unit for financial value exchange, which is not the whole picture.
Cryptocurrencies especially the tokens are created for a specific purpose on different platforms and people need to realize that the eventual value of their crypto assets relies on the platform's success. Thus they need to invest wiser and smarter in order to make profits in the future