Bitcoin Forum

I don't know if I am the only one that is not worried about the market and feel it is doing fine?

I see different posts about people saying different things like "it is the end", "crypto is dead", "I lost it all, it is time to get out" blah blah blah and I get pissed off. Most people don't do a proper research before FOMO into crypto and confuse it for a get rich quick scheme.
I definitely know the bull run will come but I am not expecting it soon. We just saw a massive bull run about 13 months ago and I think it is too early too see another, because there needs to be room for market correction, which is presently happening. Last year the price of Btc increased by about 1000% and has only reduced by about 600% which means there is still room for more correction. So do away with the fantasy that bull run will occur every year to get you rich and face the reality.

It is only the weak hands that are complaining while the wise ones are taking advantage of the market to get good altcoins at cheap prices.

What is you thought????

You are right because majority FOMO'ed and wasn't able to get out on time. And for those who have bought it at such a high price, majority of them get out when the price goes below the 5 digit mark and bitching around that they have lost in this market and blaming bitcoin.

It's a hard lessons to learn but you need to understand that the price doesn't go on parabolic rise although the market is fairly young, but you can see that it works on cycle. So now we're on the wrong side of it because its goes on a bearish mode for almost a year now. So there's no guarantee whatsoever that you will always see good profits.

If you trust crypto and have seen how it grew, you will stop posting senseless posts without even providing proof of your statements. Some people must just be trolling or spreading FUD just to let the price fall, which can also be beneficial since they can buy at cheaper price.

I don't see any logic in this statement.Do you think that just because the last year's price pump was 1000%,this year's price crash has to be 1000% as well?What about the 2013-2014 price crash?
If we follow your logic,the bitcoin price has to go down to 10-20 USD again.
Just don't read posts made by people,who complain about BTC all the time.

All these people had to do was hold but they lacked patience.  Go back and look at the past bitcoin charts, these type of crashes are normal and bitcoin always rebounds stronger.  There is also a lot of manipulation at work here and the bitcoincash hash wars made the crash even worse.

yes, most people at that time in my opinion just followed the hype without knowing there was a risk of crypto here, should learn more deeply, not only in trading but studying the positive and negative sides of crypto as a whole

Some investors in the cryptocurrency space are all out for regular profit, crypto is not a ponzi scheme, it is a platform well structure to experience the up and down market trend, To build confidence in the space ensure you are equiped with current knowledge relativeto the happening  in the space per time.

Real investors survive when looking at the market today ... They will not panic sell. Mental strength is prepared when entering the crypto market. Only investors who enter at the end of 2017 think they want to get rich quick and always say that. This is the risk that occurs in digital money.

Everyone is doing their own research anyway, the problem is not doing research but they are both very anxious to get in and also wants to hear from others to confirm their beliefs. If I believe that bitcoin is going up and do my own research on why bitcoin will go up I will see other peoples reactions and taughts on the subject which is not a "research" to begin with since I am still reading from other people and if I want to I can just read about how bitcoin will be 100 thousand dollars in 2019.

I can also try to look for news or opinion pieces about bitcoin going to 1 thousand dollars soon and I can find that too. So do your own research doesn't work in this market since you can find both directions and both sides of the coin. It is more like "have your own opinion" instead of do your own research at this point.

Lacked patience or can't afford to go long since they expected quick easy profits. If you made your research, you'll know that it's very dangerous to have that kind of mindset when you're in this industry. It could've saved a lot of people's money if they took time to get themselves familiar with what they're doing.

Its a tricky o e, if you are a newbie its difficult to know what is fake and what is real.
On this site I wouldnt be listening to anyone who joined after june or july 2017,
instead i would be following those who joined in the early days. That would give me
a fairly good sense of the current state of crypto.

This is what most new people do think about crypto on where making "fast profits" where they do tend out to rush themselves up to make money without even
realizing on the things that should really be consider first before putting up money.

Good thing to be followed but not all people do early joined do have that sufficient knowledge or advices that would be given out to people.

they spread the FUD realistically, I think you are the type of person who is not easy to be influenced by what people say, and that's good,
they don't do research on average before FOMO becomes Crypto, with a get rich quick scheme.
they must know, there is no investment that makes people get rich instantly. everything needs a process.

Majority of those who are in panic state were those who are new in cryptocurrency. But for those who joined crypto before, knowing that this is just a storm passing by, have a ful confidence that it will still go up.
Anyway, advicing newcomers to dyor is also beneficial for them to understand well why this market is volatile.

You are right, DYOR is the most important and things that every investors has to do.
If they will understand the market, they can easily make a decision that they will not regret, crypto is not a kind of traditional investment, the risk is high here and no government yet that will protect investors against the price manipulators, we will see a pump and dump which is not a healthy one.

most of the market (meaning most of the altcoins) are already dead and they won't revive ever again. so what you have been reading is partly true you just have to see the context not read the out of context!

as for bitcoin it obviously is not the end. anybody who says otherwise is either an idiot or is trying to buy bitcoin at a cheaper price and is getting desperate.


you do realize that you can not mathematically go lower than 100% right? a 100% drop means going down to nothing or zero!

Everyone says DYOR but lets be honest, most people will do better by listening to advice from others.  If you find someone knowledgeable and is actually successful in crypto your better off taking to heart what they say.  At this point it has kind of become a meme, everyone says DYOR just so they don't receive any blame if things happen to go south.

Some listening can be very bad. Why not do both? Ask from the experts in the field and it will do better than DYOR alone and hearing someone's advice. I have been always doing both since I can't afford to listen to some person saying this and that is dead but it was just lying in the end. We all need to know what is there to 'do your own research' and to listen.

Research to me involves listening mostly to others and the part I play is in deciding how much I listen to one source over another.   Obviously the biggest most conventional source says stay away, crypto is completely unknown and too risky.

Is does depend on your own risk profile whether to engage and by how much of your % worth or spare capital /earnings


Correction is occurring and it will never just be negative pricing.  Its possible to go within crypto and be part of some of the rises during this time even while market decides various factors like protocol itself but also pricing vs FIAT or each other.   Tricky bit is there is no flare fired into the sky when correction is over and we are surely in a bull market.  Just take some of your profits is all I argue for any asset type

I see some truth in your statement but when you come to think of it, the reason the saying "Do your own research" is highly encourage is because this days you won't know who to trust. You speak of them been better off listening to advice from others, the same "others" that get paid to promote a particular token or those hired to hype some wanna be shitcoins calling it the main or next bitcoin?. I still feel you'll be far better doing your own research. When you DYOR and pick the right coin/tokens to invest in and profit, you succeed and if you pick the wrong ones and loss, you learn and move on. Although you are far better sticking to investing in bitcoin to avoid falling victim to those scam projects out there.

Doing your own research should not be excluding other peoples opinions tough. I know there are a ton of shills out there for all kinds of weird small scammy looking coins so of course do not take all peoples opinions on the subject but look at how much positivity is involved in numbers.

If a coin is loved by one guy who writes many great things all around like spamming than it is definitely not a good coin however if there is a whole cult of people writing thousands of messages and reach the topic of that coin into hundreds of pages with love than you can consider it, the content is not that important, the importance is the numbers and if its positive.

Shilling and loving are different stuff, shill promotes it so the price goes up and he sells, loving is loving something for its existence, doesn't matter the price (which of course you would want it to go up but is not inclusive for your love).

This is true, DO your own research before investing or before entering in a thing,  repentance was always in the end of a story. And only invest things you can afford to lose.

The misunderstanding we have with most people in bitcoin is the knowledge each and everyone acquired at the early stage of getting to know bitcoin, some where convinced and made to believe that bitcoin is a get rich quick scheme so at that once the have certain amounts of it they expect miracle to happen that is why they always get disappointed in the market when ever there is a decline in the price.

Nah, these doesn’t worry me in any way. I noticed that newbies are mostly the ones that are making these noise.

They are fond of making mistakes and looking for who to blame for the mistakes they have made. And I also blame some of us here, cause these newbies acts wrongly due to the kind of information we give out to them. We make them see crypto as a way to make quick money.

It is good to rely on your own research and analysis. But the reality is that this space is dominated by noobs witg little knowledge about cryptocurrency, hence we have this forum which is meant to help and teach the public through community learning. Other popular sites has also taken up the cryptocurrency debate.
Always rely on your research, but do not limit your tools. Use vidoes, documentaries, ebooks, online searches and occasionally expert advice

Research will show anyone that bitcoin prices will rise and fall. Now that it has fallen in time there is going to be a huge pump like one that has never been seen before. An ETF is going to happen, you need to get BTC before they approve it

I'll say get educated and garner knowledge on the network before joining, don't just come in at any time and start complaining and blaming bitcoin because you believe it should make you rich instantly.
You need to understand the cycle, know how it turns, invest and likewise get out at the right time

To earn in the CRYPTO space, you must ensure you are strategic, do not be in a hurry to invest, research, study read and get acquitted with current and detailed knowledge about the token or project, before investing in order to avoid being scam or a loss investment.

Its a must to have your own research before jumping to any opportunity out there but not everyone are doing this. Some investors here engaged themselves in crypto due to the hype of 2017, I know someone whose currently broke for not gaining from his investment a year ago.

We cant say how long we're going to wait until the bull run occur but if you're already here dont just give up easily and withdraw your investment because there are many things that can happen. Who knows this year might be the another cycle of what we anticipate to happen, just be patient and dont monitor the market often.

Are you telling that you will love a coin so much that you will not let it go from your hand  :P :D, i bet you will sell when you reach your target price, the fact is that everything has a price and no one will hold back just because you love something. When it comes to shilling, people are getting paid to do so and if you can spend some time to understand what they are trying to accomplish with their project, you will understand whether they have a legit project or not.

There is no such thing as the end of cryptocurrency, one it was launched on the internet it will exist for ever and the utility of this technology is obvious so as the starter of this topic sayed: cheap good altcoins.

That's correct, we should not think it's easy to make money in crypto.

We need to wait and always remember that crypto is for long term, hence it might not give you your expectation for short term.
Believing on it will make you stay, because the with your trust you can endure the challenges, one of the big challenges that we are facing now are the bears.

That is where most people failed, thinking that getting into crypto is really a get-rich-quick money scheme. You need to work hard on your end if you want to learn all about crypto and get profit. If someone fails, he will convey it to his friends, family or colleagues in a different context. That is when other people are getting the negative notion bout crypto. For old supporters of crypto, they already know what to do to get the maximum benefit even from this market condition.

those who failed, of course, were initially not based on good knowledge of crypto, so they only seemed to be gambling to get rich as expected. then from that learn first before we step, knowing risk and reward will be better

We all here are like playing a gambling because cryptos are verry unpredictable  .  those who failed are not mean that they have a poor knowledge because even pro traders and investors do also experience to failed no matter how good at them at analyzing and decision making . its just crypto will move on their own depending on the mood of whales and other big manipulators  .

I am not too worried about the market and I still fine to wait for the market for the recovery. I don't think that it is the end or crypto is dead but I think that is the new beginning of the crypto and most people will join in crypto.

Although we are still in the bear market, it doesn't mean that we stop what we did, I think we need to keep doing until we can see the market has a full recovery and I am sure that it will happen soon. Many people cannot face the reality that the crypto was not increased in the higher price, but if you take a look closer, you will found that actually, the market still moving to the good progress.

Soon, this will over, and that will be the time for us to make a big profit like what we did before and just prepare for that time and don't forget that we still have time to buy as many coins as we can.

The problem is that you cannot differentiate between an honest opinion and someone pushing his own interests on you, so while in theory you are right it is my opinion that if you really want to become profitable in this market you need to rely on your on judgment and not in the judgment of anyone else, also the number of people supporting a project does not really tell us anything about how legitimate that coin really is since there have been several cases before of popular coins that eventually scammed their customers.

I think that it is a market trend just like in fiat currencies in forex, soon we will have a high, but unpredictable to know when and how much!

That's an accurate comparison, especially with investing on bitcoin, it start's with less than a dollar and now it's already thousands in dollars.
The value could go zero and that's a big risk, that way if happens, we will loss our entire investment.

We are here because we believe on the future and even if BTC price is already high, we still believe it will rise more in the long run.


Failure means they gave up already and we might call them poor because they don't trust crypto and they easily panic.
But for us who understands its potential, no matter how many times we fall, we will still continue to believe that one day we will enjoy our sacrifice today.

Good and fine, you have said it all. Any professional investor will always see his crypto investment as a long term project and not a quick money doubling system, this is where I see that many have issues or do I say thatthey are so lazy to do something else to cater for their needs and seeing the crypto currency world as a means of escape to their laziness.

This is why many people will pump money into the crypto and quickly expect it to yield result in days, crypto currency is not a Ponzi scheme designed for the lazy ones to get quick rich, it is a system design for a purpose other than just profit and it has to realize that purpose of service as payment network while also working with the profit part, we just need to see the 2 together and give it a little breathing space.

I agree with your submission.
I actually had an experience of this, don't blame much.
I had just joined Crypto and it happened I read in telegram group where one one ,I think the coin is ripple.
They were talking about ripple,how that it was a good coin to buy and hold.
I didn't know there was something like  ..DYOR as a noob that I was.
I rushed to binance and bought ripple ....the price then was $2+.
That was how I went bankrupt.

most people do not do research before joining, the new ones just follow the words of people that Bitcoin is profitable, Bitcoin makes rich quick.
but when the price of Bitcoin falls and they lose, they say Bitcoin is Fraud, Ponzi and so on,
Such a mindset is indeed very difficult to change because their goal is money, money and money :D

Yes, that's their first mistake in this crypto sphere. They though that everything is easy money here, well during it's peak in 2017 there are lot of people who became rich but it doesn't mean they didn't do anything on their end. They have waited long enough to hold their bitcoins, thus becoming rich in due time. But for some who thinks that there is short cut here, they are all wrong. We all need to work hard, have a good investment or trading plan and execute them so succeed here.

This is not happening with each and every user. Most of the people get in with clear understanding and the risks associated with the market. Earlier the scenario is different with people coming into cryptocurrency with the blank understanding of earning big just on knowing about bitcoin.

if they just thinking about money and profits maybe difficult for them to survive in this market.they didnt recognize risk that could occur with their investment someday.and unfortunately it happen most of beginner investors.maybe most of them give up now looking current condition in crypto price.

The main problem with that mindset is not greed but laziness, you could have a strong desire to multiply your capital but if you are hardworking you will be willing to put the effort necessary to learn the skills to make money in this market, the ones that are lazy on the other hand do not want to make any effort and they still want to get profits, something that is impossible unless they get lucky and even if that is the case they will eventually lose their money if they keep investing that way since no one can be that lucky.

Aww. At least you have learn a valuable lesson here. You shouldn't just buying coins because someone has said about it. That are the strategy of most pump-and-dump groups.

But as I have said, lessons learnt, I'm sure that as you go along your trading journey, you will learn a lot of lessons and you shouldn't make that past mistakes again.

Yes always do research before joining and invest in something and if something is not clear do research again and ask someone from community or read reviews if there are.

One thing that's the fault of these newbies in the field of trading is managing the risk where they might end up losing all of their investment. This is where the investment is in critical time where you don't know if it will going to survive that's why we need to do our own research on a certain project before investing our money on it.

Well you are absolutely right, most people actually don't invest deeply into their projects before joining and when they lose their funds they tend to complain. Anyway, just as you drew the conclusion i also agree with the fact that we may not see a bull run of bitcoin any moment soon. Aside all these there are other cryptocurrencies you can invest into them and gain profits from time to time.

How much research do you put into something you have no interest in otherwise, thats the problem.  People get more interested after they 'invested' something.      My suggestion is to balance what you put into any project, so a speculative amount on your initial impressions and something you can afford to lose if badly wrong.   Thats ok, take a ladder approach and dont be tempted or enticed into over allocating funds to something you are still guessing on

When someone don't even have their own research about the thing before on what they were investing then how can they expect returns from it.
Better atleast get the basic knowledge about the projects by just blindly investing based on the price.

The losers always complain about the market. Meanwhile, there are many IEO events taking place and investors are still very profitable from investing in it.
those who spend time complaining won't get the best strategy to make money. they will always be losers. :D

I have seen most of the telegram and whatsapp group are made on crypto trading signals and the whole purpose of them is to collect the money from the newbie traders and provide them signals which have no grantee that they will be successful or not. We should avoid such groups and develop our skills so that we can DYOR.

That seems pretty easy to say but its actually hard to do especially if you are already on the situation .  the problem for the investors is that they have the knowledge and skills but they are lazy to do a quick or deep research about the project that they are trying to invest with   . they only listen on their instincs but instincs can sometimes be correct  .


Yes thats always the case that happens  .  ive seen alot of people who invest on anything even if they are not familliar with because they are only doing it in the name of  money .  its really boring and hassel to research on a thing that doesnt gets your interest  but eventually you will try to learn them if the status of your investment is already in crititcal state .

yes the bear market has scared investors to invest. chances are investors will come back if the fundamentals of bitcoin are back strong like last year.

ICO, namely the Initial Coin Offering, is an effort of startup companies that want to raise funds to develop and maximize projects that have been planned by offering investors their tokens or coins that are valued by cryptocurrency.

Many people are very interested in investing their money in the world of cryptocurrency such as Bitcoin, Ethereum or other coins (Altcoins). Investment forms also vary, such as trading and ICO participation. But does ICO guarantee benefits? Of course in every case it must have risks and benefits. ICO is an alternative way where there is low risk, high reward. But how do you minimize risk in ICO elections? There are many factors that need to be considered in choosing ICO to invest. The following are 12 things that must be considered in choosing ICO.
1.Idea
2. Team
3. Advisor
4. Hard Cap
5. Hype
6. Product / Good
7. Target/Load Map
8.Competition
9. Sales tokens
10. Marketing
11. Bunks
12. Use coins /Tokens

Problems occur when people are willing to get quick rich and discard doubts about the legitimacy of the project. They see the profits or ROI only to become rich in a few month. The reality is different from this and scammers hope for people of this type to fall for the scam.
Same with pump and dump groups, it's always the same if people want to make quick bucks. They end at a loss.

after all, if we analyze the journey of increasing the price of bitcoin when it reaches a peak in 2017 and then falls in 2018, there is actually a very far gap from the presentation. namely the increase in bitcoin which reached 1000% and fell 600%. it's clear that the increase is greater than the decrease. therefore do not worry that the bull run will not run again, they are just taking a break for a short drink. so prepare you, want to be rich or stay like this.

You are right. I feel very pissed when I listen to people who complain that Bitcoin has finally crashed and this might be the end of Bitcoin. I have come to realize that most of the people who utter these statements are either new to cryptocurrency or those desperate investors who has no knowledge about long-term investment.

Most of the new investors who bought during the 2017 bull run didn’t know much about crypto, they bought to quickly increase their money and it was so disappointing to them that bear market started shortly, hence the panic. Bitcoin is not a Ponzi scheme where you drop your money today and it multiplies by double folds the next minute. What we are experiencing now is only correction/ healing process. There is no need for panics.

Not all the time, pump and dump is a game, so if you are good you will win.
But this is too risky, therefore I will avoid this kind of game, it's better to trade on high volume coins so you can do a day trading on it or hold it long term.

You are absolutely right.
The major reason why people loose money in cryptosphere is because they fail to do their own findings about a coin before jumping in to invest.
Doing your own research can save one from recording unnecessary loss.
I agree it's mostly those who doesn't have basic knowledge about Cryptocurrency that always talk about Cryptocurrency dieing and all sorts .

It’s easy for you to understand this analysis because you have been in the cryptocurrency system. Most of the new investor’s didn’t even experience the bull run, they bought at that period and immediately the market started falling.

I think this is the reason it is difficult to convince some of them to be patient for the next bull run. like you have rightly said, Bitcoin is only taking a break for a short drink and ill add that its only having a healing process, seems so many things went wrong during the last bull run. It will surely bounce back better.

While it is better to learn from the mistakes of others, once you make a significant mistake you will learn a lesson that you are never going to forget, while I have never lost all my money in the market I have taken bad decisions like most investors and while they were very painful at the time and I was not happy about my losses I learned a lot from them and thanks to those lessons I'm finally seeing some small positive results in my investments.

If new investors would do the same mistake the earlier ones did when the price was pumping last 2017, we could have the same scenario all over again. In any investment it's important to know what you're getting yourself and your money into. It's foolish to think that just by simply riding a hype will get you profits. I hope people have learned that already.

Right.The market will be green again soon.Crypto investment is really a risky one so you should make your own research before investing so that if the market price keeps on falling,you will know how to handle its pressures and should avoid panic selling in the first place.Crypto investment brings a lot of risks but if you will be patient enough to hold your coins,you will make huge gains in time.

I am also not worried about the market but that doesn’t mean that it is doing perfectly fine. Your analysis of 1000% increase and 600% reduction sounds lame. Bitcoin can decide to have a bull run for as long as possible and maybe a short time bear market if possible.

I just feel Bitcoin is working on coming back better or maybe it wants to give opportunity to some people like me to become super rich during the next bull run. And I don’t think you should be pissed off when you hear those who spill trash or say negative things about Bitcoin, maybe you should make them understand it better because most people that talk that way might be talking out of lack of knowledge.

Like you have said, most of this people spreading false news about Bitcoin and going about with negative vibes on Bitcoin are all newbies to Bitcoin. Sometimes I don’t blame them, what do you expect from people who commit their money into a project without a good understanding of the project.

I had a chat with a friend few days ago, he bought over 10 BTCs during the bull run and the person who introduced him never gave him any lectures, he was only told the money would multiply immediately. Now he’s so hurt and he goes about saying all sort of Negativity about Bitcoin, but after my discussion with him and I made him understand what Bitcoin is all about, he got so relaxed and promised never to say anything bad about it.I think Bitcoin optimists also have a lot of work to do from

It is a great thing that you could help your friend to understand the nature of his mistakes and to explain to him what bitcoin is really about, but bitcoin enthusiasts have no obligation to do something like that because bitcoin was created with the idea that each person should be their own bank which means that they need to assume the responsibilities of their actions and their mistakes even if those mistakes are very painful for them so remember to tell that to your friend as well.

There are many people who felt a lost and I think is not about their mistake when choosing coins. Although they choose bitcoin to be place for investing then they will lose also because the price bitcoin fall drastically. But the factor that they didn't have basic knowledge about cryptocurrency maybe that is true, I meant if they just know the functions of cryptocurrency just for an investment only that is a big mistake.

They will eternally look at the price side without know the potential function of cryptocurrency in the future, whilst the movement price cryptocurrency are really affected by negative information especially that come from government which indeed are now scattered everywhere, sure enough they will give up easily. However, if he looks at the another factors such as cryptocurrency can be use as payment method or can be use as a fast money transfer system despite different countries, I pretty sure they will consider to sell it in a state of loss.