Bitcoin Forum

"Still, it is precisely when most people lose hope, stumble and falter, that the greatest opportunities arise. The night is darkest before dawn. But the dawn is coming." - Beniamin Mincu CEO of Elrond Network

Check out a great article on making sense of the crypto winter and some vision for future: https://medium.com/elrondnetwork/vision-roadmap-milestones-bde4542a3047

Just because things aren't going the way we expected doesn't mean good days aren't coming again ,the moment you give up and look other ways is the moment that good opportunities will pass you by ,its never been good to be a giving up type

That's indeed and how they are always thinking about everything must go like what they have already expected and that means if most of these guys are thinking like that will become looser. They can't afford to lose their money.
Good days will always coming without any ETA lol

yeah, well people have been saying the same thing for over a year now just to convince themselves into bag holding their worthless tokens for a longer time and lose a lot more money because of doing that!

what everyone should start doing instead of just waiting is to look back and check why they made those mistakes that led to this kind of huge losses where they lost up to 99% of their money just by investing in some crapcoin. that is how you improve and see profit not by hoping for some pump to come.

I don't think you can blame people from wanting their expectations met, in this world we value success interms of the monetary gains we get, that is how the world set the standard. I do agree the space is changing but we need to adapt to the changing landscape especially the retail investors in the space

Easy money as for me does not happen. For any income you need to still make an effort. Money does not fall from the sky. This also applies to cryptocurrency. It depends on luck and knowledge.

It is absolutely normal to see bad days for cryptocurrency market because if everything would be green everyday that would not last for a long time. The market is going through some bad moments right now but i dont think we should lose hope yet because its not really that bad. If bitcoin would be down to 1000$ then you could say that all hope is gone(even though it shouldnt be) but right now we should be happy that the price is just staying above the water level.

I will say it is not a crime to give ourselves some just to keep going because giving up should not be an option if we really want to make it in this crypto sphere.

I completely agree with this post. 2018 has been a dramatic year for all crypto enthusiasts as the euphoria of 2017 was carried over to 2018 to an embarrassing end with cries of woes and tears. I believe we will overcome because the "The night is darkest before dawn"

This has been happening for many years, rise then correction, stability is not about us, I expect growth in this summer.

Some people amaze me sometimes. I also made such a mistake once. I felt bad about the market situation and abandon the space for a while. Coming back, I realized I have missed a good project that would have fetched me a little cash. It's very good to be positive all the time and in everything.

If you are entering cryptos for easy money,then this is not for you..try gambling instead !
I am holding btc from last 7 years..i don't regret at all

as long as you don't confuse illusions with opportunities, you will succeed in this market. for example in the past 2 year we have all witnessed how many people thought ICO tokens were exactly that "opportunity of a lifetime" and invested in them just to lose a large amount of money as they got dumped on them.

We need more education in sustainable investments. There are good projects out there which still provide a lot of value and I think it all comes down to good technology.

We're soaked full of shouting yells. Let's think again and let's revive our mind.
Bitcoin was only cheaper than $ 1 5 years ago! Ethereum (number two) is worth more than 100 times the market price than its first price.

So, Can you still think market is dead or Is easy money exist no more? I can't. We should only wait and prepare new Waves (by the way I love Waves :) )

Constancy is not peculiar to cryptography. So, winter has come to the cryptocurrency market. Explosions and falls, then a long correction - all these are normal phenomena for the market. Anyone who is "boiled in a crypto boiler" should know about it. The red market will not last forever. Crypto spring is coming.

I guess the recent people in crypto tend to see things move too fast, therefore got impatient when the market become dull for a year. And it seems like the bear market is forever and crypto is doom for sure. As usual, be patient and wait for the best. Crypto will come back.

Credit me with a positive. Where people get so much faith in the market, I still do not understand. I, as a hunter, had great problems this winter. Because projects simply do not pay. How to keep faith in this market.

It really wants to believe that this dark night will not last for several more years. Now in the market ICO, Bounty and in general very difficult times

I am a firm believer that any project that goes to ashes doesn't have to rise as a phoenix, however bitcoin is not like them. There are companies, coins, stocks hell even currencies like whatever Venezuela is using that goes to waste never to return again however I see bitcoin differently.

I believe bitcoin is something that will be in our lives for decades unless something major happens and for something that will be around after decades of trading the price can not stay at the same place and it will have to increase eventually to gather more money into it and it will take more money into it the longer it stays and the more money it takes the higher the price will be.

The price could be lower than you expected or at least its low comparatively speaking to 20 thousand dollar times but it is still at a solid price for the future profits to be made.

Exactly, even trading is not so easy as these people think as it is very risky. Yes we need a strong knowledge in cryptocurrency before jumping here, the market is going through some tough situation now else the topic might be different.

The more the struggles we face as we aim for our goals, the more fruitful it is when we have it. That's why we get burned because the fire is still burning and not yet dead.

To determine whether it is still feasible or not, it cannot be ascertained in one or two days, there is still hope and still believe that there will be good days where the market can pump high.

What is also true is that you can't just expect bullrun when everyone expect it all to come. The truth is just stranger than shits so if those hopeful are currently buying a ton of btc for he next bullrun, chances is that price may also drop to $2500. This is just an speculation but I can only say I told you so if it actually happen. There ain't assurance yet whether the bears are gone.

It is now clear that any developmental process can be painful for the participants in this. It can be both the evolution of living organisms and a social phenomenon. Now there is a loss, bankruptcy, disappointment, but ... We can believe that the evolution of crypto will be successful. As a result, we will get something new that will significantly change our life.

part in product marketing that will bring crypto to a new phase of a good article to market elrond products, easy money if you have expertise in managing all your assets (business) right money will come alone yeah and maybe very easy if you have goods to sell so there bargaining. elrondnetwork products are quite promising

true this is always happened for how many year but sad to say there are still some people that always complaining about it and can't understand how the market play just to survive. especially nowadays wherein there are some factors that always keep pulling the market growth rate back to the bottom ..so it's not easy actually. In my opinion why not keep supporting on it so that we can contribute for the progress?  Probably that's a good idea rather than worrying and panicking. 

The winter of crypto took too long. Bull season does not know to come. We are constantly breaking our hopes to go during the bear season. The rise should begin now. I'm tired of taking patience every day.

Yeah i agree and i think it is the beginning of the next big leg up but it can take more time to finally start, i was reading another interesting article which matches the context and it shows that whales and smart money has been silently accumulating btc and in last 2 months they have accumulated 150k btc already so this alone is a great buy signal and an indication that price can become explosive in coming weeks.

Just keep believing in crypto currencies, because I am sure that this is just the beginning. The market is still very young and it has a really great perspective. Blockchain technology is constantly developing itself and there are more and more quality projects appearing every day.

In a way this is basically this situation of hopeful people.
In fact, as long as there are people of faith that this situation may change from where we are, the market will respond to the contrary.
They are asking us for changes and different ways of looking at the situation.
With regard to easy money, for some it'll be and for others not, no matter what market we are.
The lesson here is that you should be greater or deal with how much greater your problems.

An interesting form of promoting the project ;)
Elrond looks quite interesting, so I hope that you will find the end of the "winter of cryptocurrencies market" and you will achieve the goal!
Everyone is hoping that this is the beginning of new growth, so good luck! ;)

There are many opportunities to make money but just when people should be bold and take those opportunities they are afraid, just look at bitcoin, it is still trading below 4000 and anyone that buys bitcoin right now could easily get 400% returns during the next years if they just held their coins but very few are doing such a thing since they are scared, and those same people will complain that the investors that are buying now are getting those profits not realizing they have the very same opportunity and they will decide to not take it.

Did you think you will keep getting free money usual? For the fact the price is not stable, this doesn't mean that all hope is lost for the community but just our starting point because there is lot to achieve in this space.

It is high time we stop looking at the price of crypto in the market and start maximizing this great opportunity we have in front of us. We can even see a lot of mainstream companies already implementing cryptocurrency into their platforms.

I share this way of thinking, because it is giving a millionaire ticket, many people at this moment who do not understand the market very well, think that they should not invest in Bitcoin, because they assume that Bitcoin can fall much more and they would lose the investment.

But for those of us who study the market, we know and understand very well that this stage of the market is the best for investors, because, as you say, in a few years, bitcoin will be worth a lot of money. Many will regret not having bought in this range of 3000USD and 4000USD, as they can reach new highs. This type of thinking is similar to the movements that many celebrities in your books like Warren Buffet recommend doing.

I don't get what the OP has anything to do with the thread title. There is no connection whatsoever. Buying today is the point of maximum profit and the most least risk - aka the saying "Buy when there's blood on the streets."

If you got burnt badly, you must have bought at the top of everything which is the riskiest buying of all.

Hope is a huge potential and a motivator if it is to properly dispose of, the hope remains alive until you lose faith. I wish everyone to be patient and not to lose faith in a bright future.

The desired results can be obtained only by those who can wait, those who have patience. Many have left crypto, but I'm sure they'll regret it when crypto grows up again.

I agree in this market a lot of people are disappointed and stop believing in the cryptocurrency , I think at this time you need to continue to believe and invest in it!

Warren Buffett is a fundamental investor and when you see the fundamentals of bitcoin you will see that nothing has changed, bitcoin is still as good as it was when it was worth 20000 and the developers are working even harder to make it even better, the adoption of bitcoin is still growing but at a slower pace and the rest of the economy is showing signs of weakness, all of those facts should tell us that buying bitcoin now is a good deal and the only thing left after buying it will be to wait for the price to increase again.

Nothing is easy money. There is always some kind of effort in order to earn money nobody is giving you easy money. Those who lost are those people who depends on others recommendations/analysis are more prone to got burned. Most probably such people does not have any skills to survive in the market. This is not the true spirit of a trader. Always understand your mistakes and learn from your mistakes so that you do not need to repent later even it's the right time to invest in.

I agree, many see only the negative side of what is happening now in the cryptocurrency market. But if you look at the other side, we will see that this is a great opportunity to invest in promising projects on favorable terms. Those who have enough patience in stock will reap the benefits when the market becomes bullish again.

I understand that the patience of many investors will be rewarded. But for a beginner it is very difficult to understand all this. Darkness has long been in our hearts and it seems that there is no hope left, but it means that soon the bulls will return to the market and the cryptocurrency market will again be in green color.

This. Obscue alts rarely, if ever, get pumped again after the initial dump. It's fine if you got those alts as prizes but for trading, we are better of spending money on established alts like eth which we know have a better chance of appreciating.

Just relax my friend, it doesnt mean that when you encounter on the darkest hour of your life, it doesnt mean that the light is not coming up, we all understand the situation nowadays and everybody understand it, its just that we need to adapt this things, and go with the flow.

I agree. One of the most difficult things, when you are investing, is patience.

Warren Buffet said in the past, speaking about the stock market:

"The stock market is a device for transferring money from the impatient to the patient."

I think that the crypto market is the same.

Easy money do not exist anywhere. One has to work hard and be persistent in other to get gains. Giving up is only for those who think money can be got easily.

Easy money is just an illusion. When you invested in crypto markets you are taking a huge risk with it. In good times, it may seem like an easy money but in reality like last year, it is a huge risk and you can end up losing everything you own!

I think that good days will come back again in next years but they will be different...I think that only few projects will survive but that ones will become very big and popular.

During the good days, we should expect some bad days as well. This is what many failed to do. When cryptocurrency was booming they forgot to note that there can be times like this and prepare for it. Now many are quoting because of this. I stay strong

no such thing as easy money. although in crypto many chances come and go. you have to educate yourself. don't go on what others say. if they mention a good project by all means go and look at it, but use your own judgement. hopefully you will have read and read again. learn as much as you can. crypto is still a great chance to level the field for normal people against the rich. many people have got rich in this space and will continue to ,as long as they make the right choices. mining was the big thing, not so much now(although i still mine) now i feel it's coins that are used by developers for ddaps ect. look at how Eth took off and tron. because devs use the platforms for their projects. look for the new generation of eth type tokens/coins. these will be the next big thing imo.
eth suffers with high fees and congestion on the blockchain. a new coin like Helios-protocol will use parellell blockchains, so each wallet will have it's own blockchain making it infinitely scalable, and any ddaps that use eth can seamlessely move to Helios. go take a look at it for yourselves. you will be impressed

You can look at it with great regret. Because today it says only that the cryptocurrency sphere today for some reason seriously feels the moment when nobody needs it. This is our future. You must understand this. But why people do not understand.

From the trip and the turn of the year crypto changes began to appear, from the very promising and vice versa until the worst position started coming this year ..
Our hope is to still be patient in the face of the worst

Yes things are no longer how they use to be but thats not enough to forget the good old days in such a hurry we just have to be patient its a  all the case of experiencing a little hurdle in everything a life. Just a little more patience

The saddest thing is that a huge number of people do not understand how this market works, as soon as the moment of highest tension comes for them, they give up and prefer to leave and not fight for their victory, they get very big losses and as a result - they never decide again return.

that's right, so if we have chosen to invest in cryptocurrency, we must be prepared for the greater risk of other investments, do not be too sluggish in investing in cryptocurrency because the market movements are very unpredictable so it's easy to lose money.

 Got burned!  ;D I think today I saw the fall of this coin too (GOT - GoEurika project). This market situation makes us burn. Today, I'm not in the mood either.

Click bait, I thought robro lost money and then I read article and see this is marketing trick used to promote ICO.
Easy money do exist and bitcointalk is best example of it. There is no other place in the world where you can write few sentences ten times a week and get money for it. If that is not easy money then easy money really doesn't exist.

You might want to leave because you got burnt, it is all your choice. This doesn't make it bad. In any business there is usually a bad and a good time, also knowing the skill of the business is another aspect.  Did you get burnt while trading? Then you should learn  the skills of crypto trading, but if it is the dip in recent time, then with time, the bull season will come. There is always corrections in the crypto market.

Lots of time things don't just go the way we wanted and just because it didn't happen your ways doesn't mean it will not happen all that is needed is the zeal never to give up because at the point you give up it then the next opportunity will pass you by. But when ever you lose just know that giving up is never an option in this cryptocurrency business.

Anything money is not easy. I haven't explore the terrain, but I don't think money is easy to come by in gambling too considering its high risk factor.

What "negative" sides are you talking about? I wouldn't blame the people for this. It is the media that spreads such negative news. The media that are controlled by the government who hates this decentralized financial system. Unfortunately, it is those negative news that gains peoples attraction. But on the other hand, lets think about how people are getting to know about the technology because of those news. Once people starts to dig through it, they know the true potential of the crypto currencies.

Yes. I also believe that the market will begin to recover when everyone loses hope. It is already possible to observe that a large number of people have already left crypto. So that growth already quite soon.

We really have to respond to the current situation with a cold head if we only complain that the reduction in Crypto prices will definitely make us lose, especially if a lot of disposing of their assets at cheap prices is of course a very good opportunity to stay with Crypto.

There hasn't been much noise coming from the bakkt camp but that doesn't mean that it won't be here. When it happens the dark days will be over and we will see a lot more green

That's true crypto you can't magic everything can get a great profit in over night. If you really determine to do what you want in crypto it will possible. We know how risky are in crypto so we are the one who can make our life good in this sphere.

He was thinking if use crypto just like a gambling. Remember when you are holding crypto and you can see that when the bull has come and it can make you millions dollars worth of money instantly but this will need a big luck dude.

It's indeed true that when you give up on something, good opportunities will pass you by. Let's just see the next chapter of these struggle in cryptocurrency and hope for the best to come on where and when the next rise will occur.

I am sure that the cryptocurrency market will grow and that it will grow even more than before, you just need to wait and endure these bad days.

From the beginning crypto is not the tools to make easy money and its not even created as investment tool, but people are greedy because they saw crypto price keep on multiply, they invest recklessly and when the correction hit them they suffered a huge lost, but I noticed that the investors already change their mindset, now they already search the product more thoroughly and they have become more critical

like the sun circling the earth in its axis, crypto fluctuations are the same. will continue to rotate and rotate, so that when a price falls, there will also be a price increase.

Yeah I agree with you. There will be a time that good days will come lets just be patient and lets wait for it to happen.
Don't lose hope, not all days are bad. Don't give up and just be patient. Every market goes down and goes up. Its just cryptocurrency is more volatile compare to other markets.

In this bear market, people will really going to make the best out of it. even there is a crypto winter, in reality, still the market is still profitable, if we know the really worth of each and every token in the market we can still stand out.

You are correct there is less chance of making easy money now then there was a year ago, but this is a good time for the industry to refresh and focus on producing better quality technology with less of the hype and more real world applications and use cases

I don't really looking on some kind of future prediction on cryptocurrency, What i know is that crypto market is highly unpredictable, So i prefer to choose and follow with the flow of it.

Indeed we have the same thoughts. Just keep trying because the more you try the more chances of being successful in your chosen path to take.

However we have to keep in mind that there's no easy money especially here in crypto world, you have to exert an effort and strive to achieve whatever your goal is.

Dont believe in easy money offer because there's no such thing, you might end up in a wrong direction if you keep believing there's a shortcut to succeed.

indeed  . people mistakin cryptos as a form easy money but if they fail to earn they put all the blame to crypto  . what a nice mindset they have  but maybe  your right  .  maybe those greedy people already learned  thier lessons from the market   .  thats  good if they are willing to change for the better  .  they already realize that being greedy is not a good trait to posses  because that can only slow thier progress .

I don't think cryptocurrency is an easy money or get rich quick scheme, everything in crypto is similar to what really happen in the world, where we have to struggle to get something in return as a reward from our effort.

People have different perception on the situation, we cannot expect that all people will be pro crypto, some would think it will not recover again.
The thing is we are making our own journey here, we don't need them to affect our decision, we trust and listen to people only who are still have faith in the market.

There are obvious exceptions, what is not sought in the right way, won't ripe well. Nevertheless, it's good time to buy, you gotta take risk.

Even if right now cryptocurrency facing it's falling, it should be time when it would rise again to the point that everyone has never imagine before, perhaps there will be possibilities that the condition would surpass the condition in 2017.

I say at the moment, most crypto people here and elsewhere are newbies. they are only looking for profit and profit. so that when the crypto winter comes. they think it's the end of crypto. but they are wrong, this is only part of the crypto roadmap to achieve higher and better. keep calm and hold on. crypto will not make a loss, if you can be patient.

Wow! This is insightful.
As for me personally, I will not also relent in my crypto business because I strongly believe that there will be light even at the end of the tunnel. Patience is the key. Sooner or later, Crypto will do investors proud!

These words perfectly describe the current situation with the crypto currency, we may have already come out of complete darkness and see the first, but so far weak rays of light before dawn, the crypto currency will please us again in the near future

Everyone knows that, so there are still many people here and waiting for the market to uptrend. I am also trying every day to be able to own more BTC and ETH to have more profits in the future

Since September 2018, I constantly hear about what is best to buy in a falling market. It certainly makes good sense. However, remember how many times we have fallen since September? How many times have you already been able to buy at the lowest price?

BIG NAMES do predictions in cryptocurrency and they think they are fortune teller.
It is not their thoughts who will decide the market. cryptocurrency is for every people and they are the one who give the demand.
Why they can't just accept the fact!

Experience they say is the best teacher. You probably made wrog decisions and that led to the lost but this should be a learning avenue for you and not for you to quit

Money can be considered easy if a lot of time and effort was spent on obtaining the corresponding result. And, after going through a lot of trial and error, sooner or later you will come to the status of a professional thanks to an exclusively personal experience. Without effort and difficulty you will surely burn

that is an interesting article bro, I have read it and I am sure there is an opportunity to get maximum results, where when people start to get carried away with emotion at crypto prices today.

Having become acquainted with crypto, many expected to earn quick and easy money. Perhaps it was in 2017, now the situation has changed dramatically, we are seeing a market collapse, loss of funds and investor interest. BUT! There is always "BUT". Some manage to make money in this bad market because they use opportunities that others do not see. They are intelligent, disciplined and cautious people who learn from their mistakes and never give up. That's exactly the kind of people luck shines.

Easy money is only trapped. The harder you do your work, even the most complex and seemingly meaningless, the higher your reward will be provided that you reach the end.

I agree, the ones that are complaining are those that listened to the advice of an expert only to find out that expert knew nothing or they were investing in every ico they could find expecting that investing in so many icos will mean they selected a few winners and they made money that way, those that have developed their own strategy in the markets are making a lot of money even now and that is the most important sign of a good trader because if you can make money now then making money when the market is skyrocketing will be even easier.

Free money only can be found in the mousetrap. If someone thinks it is easy to make money in crypto, he will lose all crypto holdings after a few unsuccessful attempts.  For hard workers, there will be always rewarded and I like their attitude in the crypto world. Experienced traders and professional investors are able to make money in this bear market but this is just a small percentage of the crypto community.

If you work hard understanding things around then you'll be able to catch up and make things right for you, always believing that hard work paid,
if you show your deep interest everything will be learned in the right manners, it will soon be sunshine even you are facing the very dark side of
things but if you do understand waiting is just a part of it.

There's no real easy money but luck, if you you are lucky and dedicated everything will be for you to enjoy.

Without experience, it is hard to understand the concept of crypto projects. It is essential to have related experience with luck for earning easy money. Wrong decisions are base of experience and if you don't make mistake then you will not gain experience.

Never had an easy money in crypto i do a lot of effort to make profit but it's kinda hard to do it in this bear market, well i will just get as much coins/altcoins while the price is low and wait for the right time to sell then take my profit.

Seems like  a good saying for those hodlers and for those who want to take this opportunity, only time can tell if we have made the right decision in buying while the market is down, winners and those made rich profit are those who are quietly taking this opportunity and they will just make noise when they realized their profit,

Been through a lot within this period. I have got my wallet hacked by some smart guys most of my tokens carted away I have also seen tokens loosing their values like crazy seen sone projects I worked for not coming through by way of payment buy like the scripture says count it all joy. I know there sure will be better days ahead

I know how people think about crypto right now, but I have still faith in this crypto world will back on their feet again not fall apart like now. I just don't have good reason about it. Just Believe, believe without reason hahahhaha.

I don't think that we will say goodbye for easy money because I am sure that easy money will come again to us. Maybe people are tired of waiting for the market to come back to the highest price and they decide to leave the market. But when the market can rise again, I am sure that they will come again and they will see that the easy money is coming.

You need to be patient if you want to make easy money like before and you don't have to say goodbye because it's not the end of the crypto, but I think it's a new beginning of the crypto. Until the market can rise, you need to prepare your coins to sell at the highest price, and if you don't do that, you will miss the opportunity to make a lot of money.

this recession also happened unexpectedly and only a few investors realized this. that's why so many people lose a lot of money at this time.
but giving up is really a failure. We can still make a lot of money from trading every day with altcoins. and wait for good events from crypto.

I don't expect to make a lot of money in the cryptocurrency market. I have already begun to understand the reality. And I want to return only my investments.