Bitcoin Forum

Well!! Recently, popular crypto face john McAfee tweeted about bitcoin. He Says “Bitcoin under $9,500. If you are panicking, you are a fool” 

Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/

What's your take john mcafee's view?

I agree with him in a long-term "hodling" perspective; these dips/drops shouldn't matter if you're long-term bullish in the first place. In the short-mid term trader's perspective though? Maybe, maybe not. Bitcoin can definitely still drop far below $9500, and there might be a lot of buying opportunities at lower prices in my opinion. But at the same time, it's also possible(though unlikely in my opinion) that bitcoin wouldn't drop lower than $9000. In the end, it's all just proper risk control.

I don't usually respond to fudders, but this guy here has to be put in his place. His tone is just too similar to JP.


Highly disagree. One could argue that Mcafee would not be where he is today if said illegal substances effected him in such a negative way. I can agree that his views are ambitious to say the very least, but that does not mean all of his views and opinions is wrong.

Also, on an un-related note, just because something is illegal in an establishments eyes does not make it wrong. Take bitcoin, which was illegal in most places in the beginning, still is illegal in some places, yet has proven to be a viable digital currency with potentially revolutionary outcomes. Most revolutionary movements either begin wrongly illegal due to higher motives, unregulated or initially incorrectly unregulated.

Bitcoin is a very good example that not everything in the eyes of the establishment is correct. I am not condoning breaking the law, but you do have to keep in mind that man-determined rules after centuries of operations almost always have many underlying motives to ensure greater goals and objectives remain possible and achievable. This includes banning of some recreational drugs which have proven to have positive effects, such as LSD or recently recognised marijuana for its medicinal purposes, both of which were and still are banned in most places to prevent mass free-thinking.

Forward thinkers do not generally judge others views based on their personal habits, by the way  ;)


Quite a laughable statement overall. Here's why...

Bitcoin adoption declining? This article, one of many just by searching "bitcoin adoption statistics" on google proves your initial statement entirely wrong:
https://cryptalker.com/bitcoin-adoption/#Bitcoin_Adoption_by_Country
Are you talking about adoption in the past 7 - 30 days? If so, this is not the right way to measure adoption of anything let alone bitcoin.

In terms of LN, usability is increasing, not decreasing. Many businesses have and continue to research & integrate the tech. Both development & adoption of LN have definitely not slowed down in the last 12 months, again some statistic research will prove this. I'll leave you to it (https://google.com)

Finally, the miners...
Miners are notorious for going to great measures to ensure their profits never go into a long-term negative. History proves this with each bitcoin halving. This fact is a big part of what makes bitcoin & other mineable coins thrive heavily. New chips do nothing more than keep up with current difficulty, and once widely adopted becomes the norm in the industry. This is not new info, every other time mining tech has improved this statement holds up.

John McAfee has said a lot of ridiculous things in the past, so people tend to dismiss most of the statements that he makes. When you say you will cut off your penis and eat it, if something does not happen, then people might think you are a bit crazy... right.  ::)

Well for once I might agree with him, because a lot of people did not sell their coins when the price dropped with over 80% from it's all time high of $18 000 in 2017.  ???  There is no significant bad news that are pushing down the price and I suspect someone is dumping lots of coins to push down the price, for them to get back in at a lower price.  :P

Since 2017 there has been immense institutional involvement. So yes, you are most likely correct with your suspicions. This is a known whale tactic which we have all seen many times in the recent years of bitcoin trading.

The history is proof of itself.

With a lot of declines or dumps in the past, investors of the said cryptocurrency are still getting good profits until now. Despite the dumps happening, the price can quickly increase, that is how volatile it is. If you will be selling early then you would not get profits you deserve.

Right, I think this is the first time that I would have to agree with John here. He raises a good point here, I mean people think that bitcoin by now should be like in the $12k-$13k range because we have so many positive news. So it's quite unusual to see the price going back below five digits.

So I do believed that we shouldn't panic, we have seen bitcoin going on a roller coaster ride since topping $13k so we shouldn't worry about this sudden price. On the contrary take this opportunity to buy and then just HODL specially if you are a long term holder.

Taking a rich persons public statement about investments seriously, is always a bad idea

in other words McAfee yet again made another obvious statement just to remain in the media and sites like OP's love him for providing them with material to write stuff every day ;)
otherwise anything below $10k has been a great discount this entire year starting from the time when we were at $6k and that nasty fall came along and brought the price down to $3k. this is no different either, it is just a matter of time before this sideways action ends too and we see $15k in a week after it ends.

Exactly, but knowing the future forecast of the particular coin is one of the best idea for any investor.

Yes! That's how they created Fun in order to scare investors to profit from it, to me the smart way now is to hold Bitcoin in a tight, long-term way is the best way.

As a Bitcoin Hodler, I totally agree with him. Those who are panicking with the recent dump of the market are either foolish investors or newbie investors. This is the time to accumulate more Bitcoin and not to panic sell. I trust Bitcoin and crypto so I believe that this is just a correction and in the long run, Bitcoin will go higher than its previous ATH.

No,  it wasn't look panicking for me unless the price will turn back into $1...that was closely to nothing but looks impossible by then.
It only cause panic when we are in troubled and have doubts but for us who knows crypto's capabilities...it simply it won't affect and just ignore.

John McAfee has been in the news about bitcoin and this in my view isn't going to be the last. At this time, I think he is correct that people shouldn't get all panicking but calling people fools is what seem not right for me though ;D They could be newbie or at best short term hodlers who have made some profit and don't want to lose it totally.

Although this time I would tend to tell that he's right, it's still worth remembering that his statement is biased (he is Bitcoin supporter after all) and that his statement is there only that people will talk about him again.
So no, please don't take him serious.

Nothing new. same old John MacAfee, I am only interest in the time he will be eating his own sausage on national TV. The thing is you will be surely more than a fool if you panic and sell you bitcoin now, it would be sale for others and you will be the ones who will cry later on.

He is not popular, and i don't even know why you bring his comment which nobody should be paying attention to. He is always making outrageous claims to attract attention, and that's it.

This particular comment is correct, and that is rare. Perhaps he knows he has zero credibility, and yes nobody should be reading him. BTW At this moment it is above 9500...

Lol, You can go on Youtube and see that John McAfee keeps repeating himself, as far as I can remember he already echo this sentiments in Nov 2018 and then May 2019. And it just common sense though, you don't need to be a a so called "guru" or "expert" and tell the world what you need to do. This is just a way for John to stay in relevant and at least still in the limelight of crypto verse. No need to give him accolade for calling this one out.

John McAfee quite often comes with price predictions relating some factors, same as that he has put forth the price predictions for the moment to go low to $9500. At times he also gives wild predictions, at times it gets coincidence. This time I believe there is more chances for the price predictions to coincide with McAfee prediction.

The state of the Bitcoin markets is similar to when BTC dropped to sub $200 (from $1,000 plus) and eventually recovered to around $600. What I observed was the greedy people who bought into the hype and fomo'd Bitcoin into the $1000s were very much disillusioned and decided half of a loss is acceptable. So, they cut losses. At the same time, people who bought the bottom is already cashing out. It would take some time to flush out these people out.  

John McAfee has always been optimistic of bitcoin price and its ability to bounce back. Only gamblers/speculators will be much more concern at every dip of the bitcoin, the people that have been patiently following bitcoin will never be move regardless of the pricing.

Being bitcoin holder especially for long term investment is indeed have a high risk IMO but you can buy everything if you success to keep save your bitcoin when you found each event. This is depend on you, you can take his prediction if you believe the bitcoin price will goes high in the future but if you don't, there is no reason for you to sell your bitcoin now in order to you avoid the risky thing that will be faced. So as you can buy again when bitcoin price is really down below to $9000. Expect, you will choose long term holder and I suggest to avoid the latest speculation about bitcoin price also avoid to don't the price movement daily.

Recently Goldman Sachs also made a prediction about Bitcoin. And you know what? This was wrong. Therefore, I would not trust John McAfee and risk my money buying Bitcoin now. Wait for the launch of Bakkt and its bitcoin futures. Now hold your Bitcoins and maybe you could sell it profitably before the start of the bear market

I'd rather be a fool like John McAfee says and hold my bitcoins without buying than lose everything during the next crash. It’s too risky to do anything now

Since I’m a Bitcoin and cryptocurrency advocate, I really can or can’t agree with John McAfee. It really depends on the situation or financial condition we are in.

If I’m a person who learns how to diversify our money and opportunities, then I would worry less with Bitcoin’s value going down. Diversification is the key. We can’t just simply rely on our Bitcoin or cryptocurrency holdings.

If we don’t diversify, that would make us panic when Bitcoin and other alts goes down and forced us to cash out all of them. It’s because we’re equipped with fear, doubt and uncertainty.

The current market’s situation is also testing me too. But you know what? I definitely love the challenge, as I always consider this as my ultimate perspective test. I have a different perspective in mind, which I always think about long-term, that’s why I keep diversifying.

My advice is this. Do a side gig or at least get a temporary job to sustain your basic needs. This is what I’m doing these days. When Bitcoin and altcoins are on its glory days, I diversify by selling and holding some. I used some of my money to diversify in other areas that would keep me going further.  

I hope this helps those who are in “panic” mode.

He's known as a shiller nowadays because of how he pumps altcoins in the late 2017, I slightly agree with him this one though. $9,500 is still a good entry considering long-term investment but when you look at short term-holding, we might see a decline soon in which investors will take an advantage to those who sold early. But still, I won't really trust his words.

On the other hand, just like the others, I'm still waiting for Bakkt to see if the changes will be drastic in price for Bitcoin.

No, I am not panic. It is not good if people panic because that will only make things worst. We need to stay calm for a while and see what is happening later. If you think that you can not watch the price getting down, maybe you need to get out of the market and do another activity, so your mind will not attract to the market. Forget about everything related to the market and don't think about the up and down of the price because that will make you panic.

I agree with him but he also have to know that not everyone could stay calm specially if they see that their investment is going down.
Not everyone in crypto are aiming for the long run some of us are here because of business to feed our family some of us are earning daily to turn it into Fiat to pay some bills.

My take on that is optimistic too , any one that bought @$14k before it came back to current price is never a looser but should be a holder and he will never regret it, john is right if you having it now and panicking about been a fool cos the future is our goal and not present and it will come in a slow and steady way.

I am sure he will be tweeting daily with one theory after another, the point he said now is true as no one will sell bitcoin at this rate as there is nothing alarming to think that market will have a huge correction. You do not need to be a professional trader to understand when to sell off your coins, the only people who sell off in a panic are hustlers. If we are to start a topic with every tweet from all the crypto celebrates we need to start a new child board for that  :P.

For some reason the article is unavailable, but in general I think that small fluctuations are absolutely normal. Thus is what we have to be ready for if we don't want centralised regulation. And if you look at early history of Bitcoin, you can really see how things are getting better. It's just that the price is bigger, so it seems more significant. But if we look at percentage, now everything is fairly stable. And of course, from long-term perspective even significant price drops don't matter. I am sure that eventually we'll see the new ATH, and it's a matter of a couple of years.

When I entered this market, I did not panic. At the beginning of 2018 I started, investing in this market at that time I bought ETH for $ 700. By the end of 2018, ETH went to the lowest level of $ 80 but I did not panic and sold, I persisted in holding the ETH I bought. and from then on I thought that my persistence was the cause of my loss.

In the past, John is known to be predicting glowing numbers for Bitcoin that many felt can be already beyond market realities. Now, for the first time, maybe I would agree with John. Bitcoin within the $9K zone is not something that we should be panicking as this is just another normal movement of Bitcoin. Even if Bitcoin can be back at around $6K I still am not going to throw my Bitcoin away because I am waiting for some solid movements in 2020.

Hahaha.. This guy always cracks me up with his word.
Well, I have to agree with him on this one.
Price below 10k does not means doom. This year alone there have been major increase in the price of Bitcoin than last year which is very encouraging.
Some people are expecting that the pride of Bitcoin should keep on increasing without flatulence which is not even possible.

The source:

https://twitter.com/officialmcafee/status/887024683379544065

https://thumbs.gfycat.com/IllFabulousAttwatersprairiechicken-max-1mb.gif


he's constantly talking a lot of bullshit, that he even talked about a time traveler

John McAfee: Bitcoin Time Traveler Proof That BTC Will Hit $1 Million (https://www.ccn.com/john-mcafee-bitcoin-time-traveler-btc-hit-1-million/)


I do not agree that the price will reach $3500 again


That's the point, most people invested with the hope that the return would be big and immediate, and when they look at the price falling, of course they panicked.

This guy is funny  ;D
I don't follow his tips, but this is true, there's no reason to panic guys

For me the price is very good, I'm happy and holding my coins, I'm optimistic about the end of the year, but if BTC keep 10k USD or something between 10k I'm very satisfied

Woah! It is now 2019 and still you believe in McAfee. Why do people still listening to his opinions even his digital assets goes lower after the ICOs he said you must joined to. But anyways, the $9,500 value good as of now to avoid alarming the regulation on bitcoin again. The rapid growth happened last time and it was easily regulated but today the bitcoin should grow slowly in order to be lessen again. So yeah, don't panic as of now since bitcoin is the only investment you can really trust and let time make it fine as wine. Keep holding and it will pass its all-time high for the next several months or years.

I agree because bitcoin is like an automatic gold mine for me and every patient investor. You just wait and every cycle when it goes up sell a bit to get yourself something nice and boost the morale and keep the rest waiting for another cycle. I spend only in bull runs and buy or hold through the bearish months.

There were small dips and panics before the big pump in the past. Check out July 2016.

I agree with John McAfee, base on the current price at $9,500 price really show more courage to invest on bitcoin in a future time.

in other words you bought an inflationary altcoin with unlimited supply which was super pumped near its peak of the bubble and have lost 75% of your investment (from $700 to $170).
you see sometimes "panicking" is a good thing specially when you are dealing with pump and dump altcoins such as ETH. it has nothing to do with your persistence but your lack of experience not being able to see the pump and dumps.

It is necessary to hold Bitcoin, but not to buy. I am sure that the price will continue to fall for several more weeks until the launch of Bakkt.

This tweet is for those weak-hearted and newbies who do not analyze the price movement in the last three years, people are very quick to tweet about Bitcoin price dip like what https://twitter.com/PeterSchiff/status/1166810592834969600,  Peter Schiff
@PeterSchiff did but after Bitcoin begins to take move forward, they are very slow to tweet it.


That price is not even alarming compared to what happen 4 to 5 months ago, people should learn by now, that it's not something to worry about, and it's not going to be the first time that's going to happen.

If you are alarmed then either you have invested all your life savings here, did not buy Bitcoin when it was in a bear market, or an educated investor.

Now bitcoin under $9500, its true what John McAffe said about bitcoin will cross under $9500. When is up maybe next month with have good situation of bitcoin.

I know that in the world of cryptocurrency, statements from leading figures in the field of cryptocurrency greatly affect the price of bitcoin but this does not make me panic and think stupid to sell the bitcoin that I have. cause if I see this statement, the tweet seems to just want to panic new investors and small investors. think smart with buy and hold for longterm invesment guys  ;)

Definitely agree into this since we knew that it's the best time to make more profits.
We should be more optimistic about bitcoin's ability to make the market green.


I always see some promotional statements about Bakkt, do you think it will literally surpass bitcoin?
Several altcoins already tried to be better than bitcoin but no one succeeds.

I still have faith in bitcoin even Bakkt was supported by popular companies.

Guess we all have to agree with him on this one. Finally, he says something meaningful. Bitcoin has already done 3x in price just in 2019 alone, judging from the last known all time low of around $3500-$3800. That's just to review the potential bitcoin has in it and we are still months away from the halving D-Day.

Bitcoin has proven itself time without numbers from past history of price movement but the new investors and some impatience old ones, don't seem to care about trusting in bitcoin and this lack of trust will backfired, guess that's what McAfee is just trying to say.

I think I will never be a fool to believe in McAfee's absurd claims. We all know that Bitcoin always has its real value, the price can fluctuate every minute, but it will still increase in the future. Every statement didn't stop Bitcoin from moving forward, and I kept holding Bitcoin until it reached the $ 20,000 mark.

Bitcoin takes a small dive and everyone loses their heads and there is mayhem and looting everywhere xP
Too lead by emotions.

Just hold in there and relax. You can't always see the good times. There must be bad times. Think of what bitcoin has brought for us already? It is bound to drop in price every now and again.
I agree with him. Keeping a level head is always better.

Normally whenever Mcafee has tweeted about Bitcoins the community has either disregarded it, or turned his tweets into memes but I have to admit this tweet actually makes sense. If you’re buying bitcoins then you need to hodl it for the long term, if you can’t handle the short term volatility then you should not buy it.

What we do not need to panic now when lowering the price of bitcoin, we know that. This is a period of relative decline in business activity in all markets. Now, if in the fourth quarter the cryptocurrency market does not grow, then we will probably panic. Especially if this time altcoins will not grow in price after bitcoin.
I wonder if John McAfee continues to believe that bitcoin will still cost a million dollars anyway? When it is already clear that the next five to ten years and this is not necessary to dream.

They are not just fools, but a looser, after all their years of experience is cryptocurrency, I don’t think that by now, they should still be falling into trap of whales and allowing them to get caught in. As they are panicking to sell, whales re accumulating and preparing for the bigger explosion of bitcoin price that will happen within the space of 1 year.

The bull run time is almost here, so why should they then allow themselves to be used by whales, this would have even been the best time for them to start accumulating more, because bitcoin at $9000 would really be a very good buy for any investor that is really a business person and wants to make money in a short term. Imagine now that I buy bitcoin at $9000, and turns to be $11000 within that same month, is $2k profit bad to earn from crypto? When some people’s salaries are not even up to that.

I mostly hated McAfee’s predictions because of exaggeration and totally huge but looking back from July 2017 when bitcoin price seats at 4 digits.
But after 5 months it turns out 5 numbers and not just that because closed to $20k means a hundred and more percent growth
So I believe that this man is totally bullish about bitcoin and what he more often says are good feeds towards bitcoin(though sometimes misleading ofcourse)but we must be thankful that still he’s consistency about positivities of crypto is there

https://i.imgur.com/R19YnlI.png
In my opinion, he is right in this position. So many reasons he seen at this price I think, Technically it's a strong point finding buy opportunity

Yes, that's true what he said, you don't need a soothsayer to tell you that there is no need to panic anytime btc dip in price because it will surely reverse back and go even more higher, only thing that you need is patience, just keep following the market movement when you can, no need to panic and sell at loss.

John was right by saying such,  because one needs to look at bitcoin from the perspective point of view on long term, bitcoin price cannot go to a new all time high without a huge retracement.


Main looking at the chat of bitcoin right from 2011 it's clear on seeing lots of investors selling for quick bucks thinking that bitcoin price is gonna crash harder, some investors that bought at $10 above or below where happy to sell at $65, imagine holding till $20k , that's the courage that John is trying to inhibit to investor,  to look at the long term future price,  

but using an offensive word (fool)  to butress his point is not a good idea, from such a reputable icon in the crypto space

John McAfee is one of the biggest shillers there is. The guy who literally said he would eat his own penis if Bitcoin does not reach $1 Million ;D
Anyone knows any good beverage that we can suggest to Mr. McAfee that goes well with dick?

McAfee is a crackhead.  :'(

Ya that's right so need to stay calm and don't panicking dropingnof price of bitcoin into 9,500$ is opportunity again to buy bitcoin as long term investment.
We do not avoid risk if the panic just always think positive and grab the opportunity to buy  if the price is drop slightly stay patience I believe after the 9,500$ drops bitcoin begin yo uprise and come again the real price.

If you are a long time crypto user and follower, panic is out of your system already. Because you have been in much worst situation and much much lower price level. You will just treat this situation as another opportunity to short trade or accumulate more btc for long-term investment. And so what McAfee said is really true in many ways. You know better as a crypto enthusiast.

I try to make my own market analytics and I do not see the prerequisites for Bitcoin growth now. Perhaps Bakkt will help create a boost in prices, but this will be short-lived, and then the price will then go to the bear market. Because I think that you should not believe John McAfee, but you need to make your own decisions.

yes they will only feel loss if the traders can not maintain their patience, if you are stuck in bitcoin when prices are expensive and you sell it then you will lose, you better wait until the price of bitcoin goes back up because the movement of bitcoin prices will go up and down and you must be able to take advantage of that moment to be able to get many benefits.

John MacAfee says a lot of things but that doesn't mean he is true or his point is valid. I consider him as a funny guy who tries to get attention on twitter. Buying BTC is good below 9500 but don't buy it because he said. If you have a plan to buy it at 9500 then you have to execute your plan instead of paying attention to john.

For once I agree with him, I really don't see any reason why people should be panicking after a slight dip in the value of what is one of the best investment commodities on the planet, just like every investment,  there are ups and lows and this is a slight low and no need for major panicking, Bitcoin has made a comeback from much more than this.

I have looked through the previous prognoses for this year, and I found out that no one of them worked. It is never possible to understand if Bitcoin goes up or falls, but in case, you are going to hold it for a long time, then panic is nonsense here. Bitcoin will be a gainer finally, but several years might be needed to launch this Moonrise race: simply be more patient waiting for the event.

He is talking too much already. Don't take him serious. He is biggest fool on the earth. I don't think he knows anything. He is making his shoot. If you buy it...

Of course, panic is not necessary when the value of bitcoin is showing so clearly, the decline and growth are always a rhythm for bitcoin's adjustment, it needs to constantly create such waves, everyone and especially the big investors will have the opportunity to calculate and set up plans to achieve higher profits, and want to achieve high profits, pushing the value of bitcoin to the highest possible is a certainty. To be honest, I'm not too concerned about the predictions of celebrities, I only believe in what my eyes and mind see and analyze.

Yup l agree because lm hoping too for the bullrun.l beleive this end of this year will be the day of all bitcoiners. I believe in bitcoin, that will make my life change.l beleive its not only me who's desperate hoping for the price increase of bitcoin.

Except that it is a good idea, worked out for him over the years. To not use it would have been to not be McAfee, the dick eating influencer who has such a chequered history it puts a lot of would-be criminals to shame.

Admittedly, calling your followers fools (as the ones panicking are his followers, aren't they?) isn't the best strategy to endear yourself to a fanbase that is getting disenchanted by the day.

It is just simple logic we should all know that by now, whether from John or from another person, the fact remains that btc will raise even higher after the dip, we have all witnesses it fr0m 3k and raise  to  12k before the correction, it is just a matter of been able to hold for a longer period.

The man is not speculating here but just saying the truth that if by now you are panicking because Bitcoin is under $10000, you are a fool. I may slightly agreed with him with this that if you can cope while Bitcoin get dipped to $3200 level in the same year, while should anybody be panicking now?

The fool is the man who doesn't think for himself.

My take is whatever McAfee says, you'd be a fool to take trading advice from him, he's a nutjob, has quite a shady reputation, and was shilling ICO's for a fee. He can give you a solid advice about Bitcoin today, and then give you a horrible advice tomorrow, because someone had paid him to. No self-respecting trader would get their advice from someone like McAfee, or any other self-proclaimed expert. People who do are generally newbies who are easily manipulated.

It's not that McAfee is some kind of Bitcoin expert and authority and I'm against to give attention to such statements and advice but this time he has the point.
There is no reason to panic or to sell every time when price goes down. Recovery always folliws and this time happened rather soon..
Still I think it's much better to follow the market and your own experiences and knowledge than listen to persons like McAfee.

There's no point in panicking. In addition, the price has stabilized a bit. We are waiting for what will happen next.

I am only agreeing with the statement that he made because he limited it to people that panic sold their coins, because to be fair, anyone has the right to their decision and if they made decision out of the right mind, then they will always be right.

Everyone has their goal target, some has already made enough profit on that $9500 that would make their life better for the rest of their future, and all they just need is to establish a business that will ensure further growth of money, but I will agree with him if such investor panic to sell, but at the same time, we have some trader that must surely panic sell, which is what I believe stop loss is for partially, just that for their own, they don’t sell into fiat but they still out of panic stopped loss.

ah sh8 here we go again  . 

really a fool ? but panicking is only normal  . a person that are knowledgeable can sometimes do panic its because they are unprepared but even prepared panciking cant still be prevented  . 

like me , im not a noob and i think im not an idiot but i do panic for good ( e.g panic buy when theres a dip and panic sell when there is a pump  )  . mcaffee is only making a story and wants to be popular . well played !

  I support what he said but seriously, this will be the first time i see John McAfee statement not made for his own selfish reason.


You're right with what you said but something if ones need to caught the attention and understanding of listener or people watching  who can easily be tease by crypto hater or FUD an offensive world like that are needed.

Every individual needs to make his own decision. If someone is in a financially stable situation, then it makes sense for him to wait for another 1-2 years so that the prices may rise. But the same can't be said about everyone in the market. There may be less well off individuals who have bills and other expenses to take care of. They can't afford to wait for another 2 years. And what will they do, if the prices decline further even after waiting for so much time? For a volatile asset such as Bitcoin, there is no guarantee that the prices will continue to increase with every passing year.

Yeah, I agree only put your spare money in btc or any long or short term investment,  money that you won't require anytime soon to avoid selling under pressure, because we can't determine what will happen in the near future, how the market will react, if you have a spare change not in use, don't hesitate to buy and hold.

John McAfee has the penchant to speak off whatever he has in his mind without necessarily thinking twice. I don't like the guy speaking garbage sometimes. But it seems he says the truth with that. Indeed, only a fool panics when Bitcoin goes under $9,500 when it has already conquered the 5 digits countless of times.

Sometimes this man speaks some sense, especially when he talks about how lame the government is.

Well, I'm not a fan of John Mcafee but I think he was right just that he was too harsh with his words. It is natural to panic with Bitcoin under $9500 but the panic should be well controlled in order not result in panic sales because Bitcoin always recovers. This year has been a great year for cryptocurrency market as compared to last year and investors must anticipate for the higher prices in Q4 2019.

If McAfee would have ever been right, we would have been already millionaires, as he predicted many times Bitcoin will reach 1 million $.

This guy does nothing but taking advantage of his popularity and takes money to promote all kind of sh*t tokens or gives unrealistic predictions to be visualized by naive people hoping to get rich overnight.

I think that they do not have not only a good trading base but also experience in trading otherwise they would not panic