Bitcoin Forum

Now, this might sound strange, but a few years ago Bitcoin was doing very well and people sat up straight and Bitcoin grabbed their

attention. (Around 2017 when the Bitcoin price reached it's all time high of around $18 000 per bitcoin.)  Many people started to take

Bitcoin seriously and they thought it would go mainstream soon.


I was one of them and I told that to everyone that took the time to listen and some of them did. A lot of my friends bought bitcoins at

the all time high, believing that the price would skyrocket to $20 000 or even $50 000 per coin. As you know this did not happen and the

price dropped with more than 80%.

Since then a lot of us Bitcoiners became the laughing stock and the butt of the joke for the people who were too scared to take the

risk.

I hope we can prove them wrong and that we can turn this around in 2020 and have the last laugh, but I hope this is not too late for

the majority of my friends who are holding on with the tip of their fingers.  :(

I really hope bitcoin to surpass the ATH but I also would never give financial or investment advice to people because that's what usually happen, if they got profit they'll just silent and say thanks to you but didn't give you a share of the profit and when losing they'll just make fun of you. better to stay low next time, because there's no point risking friendship for something abstract like investment.

This is why I was always doing the opposite - never talking about crypto to people in real life, cause I will become indirectly responsible for their investment, and it's likely to spoil our relationship if they will lose money with it, and this is not something I would like to gamble with. Plus people can lose money with crypto if they will fall to malware, scams or their own stupidity, and then they would still blame the person that introduced them, cause that's how humans work - they always try to find a scapegoat.

And I do when they ask me about my interests. I'm pretty confident in Bitcoin and those who know me know not to try that laughing stance with me.

I've been there when the price was 1000 dollars and I've been there when it was 20 thousand. There's really not much they can do to me. What will they say? That It was down 80%? Fine but now it's down 65%. If you bought in January and sold now at 7.5 thousand you'd double your money. What's funny about that?

I've only known BTC in 2017, tell a few close friends and families and I don't know if they have been following bitcoin's dramatic rise and it's subsequent fall. So No, I'm never experience people laughing at me because the price haven't recovered the past two years. And for the record though, we're just around ~60% from the last all-time-high. So let's hope that this 2020 will be different and at least a good bounce to five digit.

i was the butt of jokes like that in 2014. back then, the possibility that the 2013 bubble was a fluke was real. but after 2017, nobody ever clowned me again---not once. people i knew IRL started treating me like some sort of guru for having the foresight to stay in bitcoin all these years.

now i'm just the local "what's bitcoin gonna do next?" or "are x and y altcoins a good investment?" guy.

I don’t understand how that could happen because you registered your account in 2014 And it’s impossible to buy your bitcoin only on the year when it came to your all-time high. It’s just not right. Maybe it just happens to be your friend's story But not yourself. This is not cool, lol.

As I always say, my strategy is to hodl with most of my funds... Up or down, I still have the same number of Bitcoins.

---

I've never become the butt of the joke to others, my greatest critic is normally myself.


I don't think he mentioned him buying it he mentioned his friends buying it.

@OP have they kept hold of their coins or did they sell and did you let them know about cryptocurrency in 2014 and 2015?

That's not what I'm talking about, I wouldn't care if people in real life would laugh about my potential losses with Bitcoin, but I don't want to give anyone investment advises, because I've seen a lot of times how people hold grudges against others for giving them poor advice.

Plus, there are additional downsides, like making yourself a potential victim of robbery, or giving people a perception that you are wealthy, which might give them an idea that they can ask you for money.

You said that you don't talk about it in public because you could be responsible for their losses. Wasn't that what you were talking about? I do the opposite. I don't care about their decisions it's their money and their responsibility. I talk about crypto and I talk about my investments and I'm not scared of being laughed at.

If they want to follow it's always their choice. I will never feel bad about it.

We don't need to worry about that. We as people who use crypto will laugh at the last time after bitcoin price back to the higher price if people out there still not believe about bitcoin. We can let them go not to accept bitcoin, and we don't need to ask them to join in bitcoin. But if they come to us and ask about investment thing, we can advise them to invest in bitcoin while we can suggest them not to use a lot of money before they investigate more about bitcoin. And the decision will be made by themselves.

try to calm down until bitcoin goes beyond ATH again, or explain in more detail that this asset is still very speculative and will continue to face periodic challenges to achieve greater potential, so it's not always about high prices, others will continue to make it a joke if you only explains the short-term bitcoin movement. No need to be blamed because their literacy is indeed very weak and always thinks instantaneously in every circumstance.

it feels like they blame it to OP because of losing money although it's clear that OP is just trying to make other people gain profit but it turns out to be a problem later on, expecting new ATH is not a solution because those people probably dumped their bitcoin already because afraid of losing more money. whether their literacy is weak or not they will still blame op because of the money they lost.

Let me correct your information first. Based on https://coinmarketcap.com/currencies/bitcoin/ Bitcoin reached ATH in 2017 at a price of $ 19k per BTC.  8)
We cannot deny that after ATH 2017 the price of Bitcoin dropped dramatically in 2018 and did not experience much increase in 2019.
However, don't worry about other people laughing because of this. At least we still have momentum and hope going forward to reach the new ATH.
When will it happen? No one knows.

We will prove them wrong. I have friends too that invested during that time but I have never encouraged them to buy instead, I've told them before buying they should know the risk that bitcoin has and understand how it's very volatile.

We're also hopeful that it will skyrocket more during those times many of them failed. Well, the blame goes to me and starts making fun of me, my investment and bitcoin. But see to it, that we have already improved a lot and it's just quietly getting back on the track.

Giving investment advise is really not a wise approach especially if we are talking crypto.
We can give them information that we know about crypto and bitcoin, but let them decide if they will gonna invest or not.
Because even if we treat ourselves to know more about crypto, we still don't hold the key of the trading market.
So we have no idea where the market is heading to and we can only speculate how much it will be, but not necessarily predicting the exact price for a given period of time.

The main key to get success in crypto market it is patience otherwise you will never get success in crypto because I has some experience about it and don't very  about who are laugh now they will cry one day because of not investing in bitcoin I hope that 2020 will give the answer to all of the.

Bitcoin Discussion:

*Low quality topics do not belong here.
*You the local Bitcoin joke in town?

I love BTT  ;D

I am lucky to have some good friends, they did not laugh at me when my financial situation fell with the fall of Bitcoin. Although there are some people who laugh at me, but I do not care about it. enough to work hard to re-collect Bitcoin and hope to close their mouths with the new ATH of Bitcoin.

absolutely right, I guess that's what I'm experiencing too. In 2017, I was very active in promoting bitcoin to my friends, but now they are very sorry, and even made fun of me, because the price of bitcoin is thrown away from their plans.

Oof.

I wouldn't have allowed that to happen.

I knew the bubble was done when someone who'd been aware of crypto for years called up and said he was going to buy $3 XRP. He got slapped upside the head.

Everyone I told about it got some from me for free. That helps.

Too bad for you. I understand that the bull run brings FOMO to you, but riding on a market that's been riding for quite a time is generally a bad idea. Though this year might get you off. If you have some of that left, you might even exit the market for a return or even gains. But that's 2 years ago, not sure if you still have those.

some people are not ready for risk, so I have never told anyone to invest in bitcoin, because I know very well the risk of investing in bitcoin, I only exchange opinions with people who already understand about bitcoin, so no one can blame each other if the price does not match expectations.

This can happen when we became so overeager or very excited about something, and we use our word-of-moth power to promote something even if we are not paid doing so or nobody told us to do it. Nevertheless, we owe a lot to people like you who in one way or another made Bitcoin as popular as it is today. What happened after the ATH in 2017 was something that many wide-eyed and zealous Bitcoiners never predicted to come and now we already learned our big lessons. Neophytes as we were then, we jumped into something with both feet and many even burned bridges believing that Bitcoin can be their financial savior. However, right now, I would say that there is a mild Bitcoin renaissance and if you were lucky enough to had entered Bitcoin when the price was still below $2000 then its current price of $7500 is not bad at all, compared to other investment vehicles available in the market. We are then hoping that come December 2020 we can say that this is a very good year for Bitcoin indeed!

in 2020, of course we can only hope because besides that we certainly cannot do anything because bitcoin cannot be controlled by anyone, hopefully bitcoin prices can rise back to high levels to prove that bitcoin is not a joke that should be laughed at by them so some of them realize that bitcoin is good for adoption not for making jokes.

People who doesn't have knowledge on how currencies work or in any trading markets will laugh at it, thinking as its some kind of ponzi scheme because they needed to invest in it like other pyramiding but both have huge differences, ponzi scheme's need investors for other investors to payout in proportions and you can't withdraw your money unless you complete the minimum amount, while bitcoin on the other hand can be used as payment for services and commodities and even invest in it, for it is an asset used in crypto market.

this is similar to my place where many people say bad about bitcoin, but I understand because they might not understand and don't know much about crypto so they buy bitcoin without my knowledge and suffer a big loss, maybe if they are not hypocritical and ask me of course I will direct when to buy and sell it, unfortunately they see the news and finally buy it bitcoin at the end of 2017 and they hold it and sell it at the end of 2018, but in 2020 I will show those who laugh at will see how bitcoin and crypto develops at certain times

People got hyped when the price of the bitcoin became expensive, now they are experiencing losses because they still hold their positions. The bitcoin have bad image in my community because people do not really understand what it is. Their money is now gone because they invested without prior knowledge and it is their fault why they have huge losses.

OP, I noticed that you always construct your posts in broken paragraphs. Is there something wrong with your keyboard, or monitor/screen?

About Bitcoin, the bear market will never go on forever. 8)

We can't fault with many investor keep complain with bitcoin have lower price today because they are investing in bitcoin when price above $16k, how ever they look frustrated with bitcoin price why can dump drastically although have higher price, more than two year waiting for bitcoin back to higher price but looks no enough and have added maybe two year later for getting back their money in bitcoin investment.

Unfortunately my excitement over Bitcoin in late 2017 encouraged several of my friends to "invest" which led some to lose most of it to trading gambling, one lost all their holdings in the Quadrigacx exit scam, another bought at 17.5K and still holds but does not talk about it or believe much about it anymore.   I do know what its like to be the outlier, the one nobody believes in. I'm close to a group of 12 investors of which I am the only one to take the proverbial red BTC pill. Although I'm respected, my credibility is thin when it comes to discussion of finance.
I've learned the hard way to keep my mouth shut when it comes to talking about Bitcoin in person. Now, unless someone really and authentically wants to learn and keeps bringing it up, I'll change the topic.  

Bitcoin is a personal journey into finance, savings, sovereign monetary policy, greed, discovery, euphoria, denial, loss, personal responsibility, solutions and much more.  I'm not yet prepared to deliver Bitcoin effectively in conversation with today's general level of education and attention span, especially when all they usually want to know is "How do I buy it?"

I have been criticized from being a bitcoin lover since 2018. Mind you, they laughed at me telling over and over again about the pessimistic side of bitcoin as investments. They have said I never proved anything with this. But the moment I have obviously presented my profits, my fruit of labor, that was the time that they took btc seriously.

Since 2017 was a boom year and fortunately I knew btc 2018 but I still manage to fulfill my dreams, use it and reshare my knowledge to my family and friends. Now, we are patronizing cryptocurrecies, trading and take it as a job now.

Why should we care if people would be laughing at us? It's still a win for us if Bitcoin rise. This who laughed at us are the one who doesn't know and wouldn't want to learn about Bitcoin. They're the one who will envy us if Bitcoin will do good within this year. I don't care if people is laughing at us, as long as me and my friends know what we can achieve in the future.

As much as we wanted to prove them wrong, only time can do it.  We cannot force anything to happen especially Bitcoin price movement unless we have the huge fund and big stash of Bitcoin.  If they (your friend) still believe with what you said, it will never be too late but once they had give up   no matter how high Bitcoin goes up on the future, it can do nothing to prove to them that they are wrong since they already suffered losses the moment they sold their Bitcoin holdings.

Indirectly, they buy bitcoin only because the orientation on money is not knowledge. They were carried away by the FOMO at the time, they assumed a currency would not go down, in fact all currencies were volatile, yeah really a victim of FOMO and carelessness.

See, maybe now they are making fun of bitcoin again, then when bitcoin rises again, they will regret and buy again. And that is the second mistake that recurs, buying when prices are high haha.

I experienced the same thing as you even though maybe my neighborhood is not as big as other cities.
They think I'm a joke because they want to invest in bitcoin in 2016, then at the end of 2017 the bitcoin trend here has started to be talked about.
Many people are starting to find out what bitcoin is like and how to get it instantly. And now they are a joke to me because they still hope there is a way to get bitcoin instantly without needing to do anything.

Bitcoin investment is all about waiting at the right time. For now, as they all see, the price hasn't been break its record after that bull run last 2017. More than 3 years have been passed, we still couldn't reach at least $15,000. That's why we cannot blame those people who are not confident enough to wait for another year when the Bitcoin Halving is done. Because of most of the time, only after the halvings when the price started to increase as much as $300% in a span of a month.

Those people are not bitcoin loyalist. They are just taking advantage on the best time and once failed they seem not benefited on those best times. I'm not saying that we should be loyal to bitcoin but at least not to discriminate it during crisis time. If we cannot encourage, then its better to be silent about it.

its interesting to hear so many people have been ridiculed and laughed at
about Bitcoin. I have had similar experiences over the last few years, I dont
talk as openly as before about Bitcoin unless someone expresses interest.

There are a lot of people still willing to follow conventional banking systems
and while not happy with banks cannot see Bitcoin as a potential alternative.

Time will prove a lot of what we have been telling them.

You will prove them wrong. I do vouch for that.
I am with you here since I know there are real supporters who bought at that ATH price.
It may sound unreal because of the expensive price but they really did thinking there is going to be a blast of value afterwards.
It did not happen.
They mourn for that.
But, is it over? It is not. Bitcoin is still young and there are a lot of things that might happen.
All we could do is wait.

It's because we have different perspectives when it comes bitcoin and it depends on the level of their perception. We can't change the fact that there are some people these days who are only interested on something that can be beneficial to them but once that something doesn't turn out as they expected then it will be the time that they will disregard it despite of the fact that it is still capable on giving them the benefits that they wanted. Actually, I'm not telling or asking anyone to invest their money in bitcoin because I know that they don't have enough understanding regarding it because I had experience losing with the same situation and I don't want them to end up feeling remorse about listening to what I had recommended.

I am with you guys, though it is their mistake for buying at the peak of bitcoin, but as long as they are holding and keep their faith that bitcoin will do another ath, it will happen.
It is not yet over, bitcoin is still improving and there is no limitation when it comes to improvement. Bitcoin has the capability to conquer everything.

There's no need for us to laugh back at them though. There's nothing need to prove, bitcoin ain't a competition as so the fortune either. We must at least be thankful that we have the guts to take the risk since the opportunity is already here, we're all just waiting for the right time for it to bloom once again, and I bet for sure that when the right time comes they are going to hop in here in crypto space.

yes that's how they shouldn't be in a hurry to buy at least do some research first, they don't learn why they were too careless at that time, if i were them of course i would take it as an experience or really sell it at the same time when prices go down not holding back because of ignorance at that time, strangely they would later see the price of bitcoin back to the moon, it would surely surprise them and make them have a heart attack

We can't please everyone, some have their own opinion and risk appetite, they are not just risky in these time so we need to be careful on what we will say as we might hurt them, let's just work and earn in silence. Let our accomplishment be the noise. Many also didn't believe in investing in bitcoin but when they see I was able to buy properties because of it, they no say now.

When friends see me still opening bitcointalk.org and checking bitcoin price, they'll smirk and ask why am I still doing this.

I just ignore them. I still believe bitcoin will recover in this slump, if not this year maybe the next.

I do not need the last laugh. I just hope I can get them back to bitcoin before it takes off to a new ATH and not after.

Before the people don't think that the bitcoin becomes profitable, they just it ignore the price of it before because they believe it is just useless. Still, the amount of bitcoin slowly crawling in the market, and there are few people supports the price of it and invest their money. The cost of the bitcoin goes up and gives a massive impact on the market by these many people regret their decision not to spend their money. Now the bitcoin gains a lot of popularity because of the price they saw, and soon many people are supporting this coin that is hoping it will back the price market before, and they become rich in just a single of time.

Friendly financial consulting is not something we should practice, because when it comes to money, even the greatest of friends and even relatives can become great enemies. Personally, I did not push anyone into such problems because I was aware that the balloon would sooner or later burst and that the risk of investing in BTC at the end of 2017 was simply too great.

Anyone who wants to invest in BTC is advised to first acquire some basic knowledge, to understand that it is not easy to be your own bank and to never invest money that is not ready to lose. In addition to the volatility that BTC has, we need to minimize some of the other risks.

Nobody laughs at me because I advised people to invest some money at a time when BTC was only $200, which was really good advice as time showed. Today when asked whether to invest in BTC or not, my answer is just "See the BTC history chart and ROI in the first 10 years".

Basically, here's my principle:

1. Do not believe when people tell you market is now doing good and is the right time to buy bitcoin.
2. Do not just buy bitcoin at good market price, try to diversify your buying time frame to make it weekly, instead of thinking too much and waiting for the right time because probably you might not succeed and might just lose some funds.
3. Lastly, do not believe any one's prediction, let yourself figure out what to do based from market research and if you can conduct market analysis, probably it is much better.

I would also like to share a piece of advice that will certainly keep you out of trouble when you recommend bitcoin especially. Refrain from advertising it to your friends or loved ones. It happened to me once and it tarnished my relationship with them. So unless you guys have close bonds together stick with recommending bitcoin to people online or to readily interested people so the fault wouldn't be indirectly yours.

I think a lot of people kinda fall into this a lot of speculation in the market when the market price was still on the low side that the bitcoin market price will increase into a high market.
And then the scenario a lot of users is not going to believe bitcoin since they never know the potential of bitcoin in the market and most of the time the when the market price of bitcoin increases a lot of users get hype by the situation hoping that the market price will continue to increases and they kina buy bitcoin in that time. Also, it is vice versa when the market price is in the lower side and a lot of users then lose their trust and their hope in bitcoin in that situation leading to panic selling the token.

I think this is just a normal thing for a lot of people since they easily fall into the bitcoin market price. But I think most of the time the best thing to do is just to hold on in bitcoin.

It hard for someone like me not to talk about BTC with friends since I have already told them long time ago I was into BTC. I have some BTC stickers stocked to my guitar and some of my personal things, its horrible.  When an old crush asked me what I do for a living I talked about BTC lol now they are still thinking if I'm into drugs and did I lose money because of BTC scam. I feel ashamed that I told a husband of my friend to invest in BTC last 2017, the husband could have lost a lot of money if he did what I told.

I know what you mean OP. It's funny that people tend to start conversations with me asking how my Bitcoins are or giving me some headlines from the media.
My dentist is a talkative person and remembers people by their traits so when she asked me what I'm doing and heard about Bitcoins I immediately became "that bitcoin guy".
Now when I have an appointment I always hear something like "they said bitcoin lost a lot of value, how are you doing?" or "what's the price of bitcoin these days?".
I find it funny and always chat about it when someone shows initiative. I don't like to bore people with it, but some really like hearing the news. You just have to find those with open minds.

Also, never say how much you have invested. It always makes the conversation awkward because they either feel attracted and will want you to help them make money, or they'll feel envy and you'll feel them getting sad and angry behind that fake smile, or they'll take you for a fool and try to ask you all those stupid questions about ponzi schemes to make you explain yourself.

Unfortunately you / your friends, entered in the market in a horrible condition, the ATH, I think because of the FOMO and expecting that BTC would grow up forever
If you didn't sold your coins, the better choice is to wait, and study better next time, never follow your emotions, use your brain

Bitcoin price was slightly started recovering in the market and at the same time many people lost their money we need to choose the best time and sell the coins to make the profit.
We all know the volatile nature of bitcoin and we should not go with the negative side of bitcoin alone.

Bitcoin fell below $ 20,000. It was very painful for people. I think selling at the right time is very important. If you sell at the right time, you'll have a chance to buy later. So you can stay on the market for many years.

Well that kinda sucks man to see people are overshadowed with the fact that bitcoin is beneficial for people but instead they got misled by some information regarding scams, drugs and such. It's always better to keep it to ourselves if we want no unnecessary problem to be coming after us because at the end of the day, it'll be all on ourselves if something good or bad happening.

First of all, you were warned that Bitcoin is a very risky investment so why would be telling your friends to invest without letting them know that the price can fall at anytime? There are people who I knew were interested in Bitcoin but after the price dropped they lost interest. These people were only interested in Bitcoin because of the increase, they expected the price to keep going up because they see bitcoin as a money making asset.

So, you should make your friends understand the risks in cryptocurrency investment, and such risks cannot only be seen here, it’s the same with every investment, there’s always risks involved and they have levels – from low, medium, to high level risks. They should understand that and choose wisely next time and also buy the assets that are affordable to them.

support yourself and your friends, say to be patient. the process of achieving success is painful. and must be ready to be reviled. look again at the process of bitcoin from the first highest peak in 2013. give an explanation to them, and show the graph. say we are at the lowest price. but this will lead to a second bitcoin increase in 2017. even more. believe me. all will be repeated again.

My account registration has nothing to do with this. I bought bitcoins when the price was around $300 and I made very good profits on

those coins. My friends saw this and they wanted to do the same, so I showed them what to do. Unfortunately most of them did not

listen to my advice to buy low and sell high, so they jumped in at the ATH in 2017. I do not blame myself for their mistakes, because I

gave them good advice at the time, they were just greedy. (I even softened the blow to some of them, by covering some of their

losses, with some of profits that I made in previous years.)


There is nothing wrong with my screen.  ;)  It is just the way I post. I hate a wall of text and it just makes it easier to read.  ;D


I never sold myself as a financial advisor, just the Bitcoin guy with more knowledge on the subject. I always tell people to remember

that Bitcoin is not an investment, it is actually a currency. If you want to use it as an investment, then you will have to see it as a

high risk/long term investment. I am more than willing to help people to avoid the scams and to give advice on how to buy and sell

bitcoins in a safe environment and not to give them advice on when to buy.  :P

Yes, this time it seems like we are already going in right direction as not only bitcoin but other altcoins have got a pump and I think this year will make a difference but I think this current pump is temporary wherein whales are just implementing their tactics to cashout by pumping the value and trust me the value will be dumped hard before the halving so that whales can reinvest at a lower price. This is my personal opinion but again next few weeks will help us understand how the market is going to be.

Stay patient, friend. We will show them that what we have introduced them is reality. Maybe now they can laugh at us because the price of Bitcoin has dropped not as we expected, but we have to be patient to see the price of Bitcoin will rise again in next year.

sometimes indeed we will always be repulsive when we want to provide information about crypto to those closest to us. but if we already get enough results then they will ask afterwards, because some people are more concerned with the benefits obtained than knowing the technology in it. therefore they will be interested if we have made big money, because I experienced it too

yes, I think most of the shops that started to accepted btc as payments they stop it because of huge price drop. The Btc market is very unstable which is not very good for it to use as a payment system for local shops and markets.

I think that those people who taunt a person do not need to pay attention, because they do not understand anything in the cryptocurrency and do not receive any information about everything that happens on the cryptocurrency market in order to objectively condemn the actions of a person.  For example, I used a lot of my Bitcoins in 2016 when the price went up to $ 500 per coin, and when in 2017 the price of Bitcoin went up to $ 20,000, I really regretted what I did.  And my wife doesn’t even want to talk about this topic, because it is because of this that she may begin to have a tantrum.  After all, it was because of her influence that I spent all my bitcoin.

Don't worry KPrawn, this will all go away in time. But I hope you learnt your lesson and from now on only tell people about Bitcoin as a tech and as a user, never as a speculator. I mean, they will all still end up talking to you and thanking you one day (If they hodl now of course) but I think in the short term you've to remember people are impatient.

Sorry, I misunderstood the totality and didn't understand that it's just your friends . I thought you were included in it and I worried that why would you be included in those times? You're a veteran here already and I just didn't completely absorb what you posted.

If you have advised them, then it's not your fault. It's totally theirs unless you made it your mission to make them buy. Sadly, those days are gone for now. Maybe in a few years, we could go back to those all-time highs.

What a good friend you are, giving them BTC. I have bought it during the ATH, can you send me some too? Just kidding  :D

As far as I'm concerned, I've been doing my job promoting Bitcoin since it was trading around $400, of course no one took it seriously until it reached $15,000, then everyone I knew got burned  buying in FOMO, joke's on them, not on us.



Most of shops either use Bitpay or Coinbase, which now allows for instant stable-coin conversion, actually making it possible to buy & well safely with bitcoin without having to convert to USD.

Well they are right to be angry because what you did was very wrong. Even I knew that December price went too high too quickly and was bound to correct. The higher and faster it went, the bigger of this possibility coming. Once past 15k or so, i was even telling people to hold on, and wait to see if things calm down. You did the opposite, so there.

If someone asks when is the time to buy, it would be about the same time the price has been boringly stable, actually when not many bother buying or selling. When everyone is buying, this is a red flag. Everyone selling is also another type of red flag, but bitcoin being what is is, you are unlikely to see that (bear) sentiment last long.

Currently bitcoin has long been near 7k, its not a bad time to buy some more. If it suddenly spikes you wait to see if it holds. If you are a trader you may even decide to sell and wait until it goes back down, but this is not always certain, so its your risk to take. But a holder doesn't need to worry about that. And if you bought high, such as 18k, you have to wait until it reaches that price again or even higher, before selling any of it. A true "bitcoiner" won't sell anyway, unless absolutely needed, so any price is good. You just missed the chance to buy more bitcoin for the same amount of fiat, and even mislead people into doing the same.

So next time price spikes and you see everyone and their cat buying, YOU shut up or tell them to wait. Doubt they will believe in you anymore, so keeping quite would be best.

Look at the WHOLE graphic, since inception in 2009 until today, bitcoin price is a logarithmic curve that starts almost vertical, rising in value very fast and very quickly in the beginning, gradually slowing down overtime until it approximates a horizontal line with little price increase over an even longer span of time.

Maybe we are the local Bitcoin Joke in town for now, but you know how they say, the one who laughs at last laughs better... A lot of people who buy at $20k still holding with the faith to see bitcoin higher than that, and if they are waiting now that doesn't mean it will not happen in the future, so, for now, we are the joke, but let's see who is laughing in 2025

yes I agree it looks like in 2020 bitcoin will be victorious at a time when bitcoin is skyrocketing and very reliable, by the beginning of 2020 bitcoin has begun to look skyrocketing again. I hope this will become a sweet dream for all of us.

I also hope that in 2020 or 2021 bitcoin can reach a new ATH so that this will be strong evidence that bitcoin is still reliable and a profitable investment tool. and we can smile and laugh in front of people who have mocked us before. but actually in my opinion even though bitcoin did not reach the new ATH this year. we have already benefited from bitcoin investments. let people make fun of us as long as it is important that we can succeed and achieve financial freedom.

we can only wait for the right time when those who laugh at us previously experience deep regret for not being involved in this field and can feel happiness when we get huge profits when market prices have increased sharply and are able to break new history throughout the year because market prices have increased which is sharper than in previous years

Correct, the future will prove to them how they had a opportunity to educate
themselves and embrace the technology earlier rather than later.

I have first hand experience of this, I was told about Bitcoin back around
2012 and shrugged it off as "tokens for gamers" .....

Look where we are now!

in my opinion we will just laugh out loud and be happy in 2021. because I think bitcoin will not go to the moon in 2020, bitcoin will reach a new ATH in 2021. after reducing by half bitcoin will take at least a year to pump high. as happened in 2016 bitcoin was reduced by half and reached the month in 2017. but I am always sure I can reply to ridicule people who do not believe with bitcoin. I am sure in the future bitcoin will make us successful.

Peoples who bought bitcoins on the ALL TIME HIGH peak were those who made minimum research before putting their funds into and they just followed the trend and blindly invested into bitcoins. What would be expected for those? Also, bitcoins have the ability to dump the same manner they pump and it is not really wise to think that bitcoins will skyrockket a never stop. Bitcoins showed us a huge growth in the year 2017 and it was the most highest peak bitcoins ever reached, but also in that year a lot of new individuals/investors were been introduced to bitcoins that is what made them buy bitcoins at that time.

Let those peoples laugh until we see a next such great pump which might have been just started. We can sooner expect the price to reach all time high peak again.

If you buy when everybody else is buying chance is high you are doing it wrong. Its usually too late. FOMO is a bad guide, which often leads to mistakes and even losses.

Why would Bitcoin or any asset pump nonstop and then STAY up? This is absurd. I can accept a steady slowly climb, because production decrease, worldwide demand, and built-in limited production. A bull run is dangerous...

If you followed the advise, don't invest what you cannot afford to lose, and bought at 19k, you would have kept those coins until the day that price is breached. Could take more years, but it doesn't matter, as its not a money you need right now. You never lose until you sell below bought price.

Current price is boring? Maybe current price is good. Keep waiting for the "run", and you will miss it.

2017 is a learning lesson for all of us, but more so on those people who bought Bitcoin at their all-time high and sell it a much lower price to cut their losses because Bitcoin then was losing its value, so we are now watching for the same scenario because we would like to
avoid that, investors are very careful of FOMO once the price starts moving up, they do not want to be trapped again.

I dont care at all what others think about my actions that's why i am not saying or telling everyone what i do on a particular timeline.

It's my decision if i want to have it invested and losing it all or not. Other opinions won't affect me at all.
If that's a joke to you or they think it is like that you are on the wrong side of the crypto world.

There are so many immense ways for you to profit with crypto, it's not all about the market fluctuations.

Yes, the starting of the year is showing us good growth so why don't we expect the same for the entire year?
Bitcoins will never become a joke as the price is already most high as compared to the price when bitcoins were launched.

I bet none other commodity has been grown this enormously like bitcoins and hence that is getting most out of our faith and we believe in bitcoins. Bitcoins are not actually meant to make you rich overnight so how can we expect the price skyrocketing in a small interval just to give us profit? It can be wise. But, if we consider long term rate then bitcoin have the ability to skyrockket in few coming months maybe as it has shown us in the year 2017.

A person's ability to understand bitcoin for a longer period of time will make it stronger, I also hope that there will be a real price reversal for bitcoin in 2020, but I must prioritize other aspects such as always trying to enlarge my portfolio. For now, it's not too important to think about the attitude of others who don't know and don't even hold bitcoin, each asset always has an attractive side to always be underestimated.

This has happened to me personally at my office as I was one of the Bitcoin talker all the time and tried to tell everyone that this is the next step of evolution in money. But this was when the price was around 1000-2000$ price and then there was a dump and I became on of the Bitcoin *Joker* at office. But then the price came back up like it happens all the time. Now, even when the price downed by 50% from its all time high my colleagues dont joke on me, they know that it will turn again.

Thats why I never discussed bitcoin in my office. In my country not many knows about bitcoin and its useless to discuss and convince them this is coming technology. Moreover people in your office will either make fun of you or get jealous of you that you are doing good with this. They will get to know with time.

I think the price of bitcoin in 2020 will be around the price of $ 10,000 and bitcoin down the incident in 2017 is difficult to recur but whatever it could all happen because it is difficult to predict bitcoin. many people expect the price of bitcoin in 2020 will dominate and prices will skyrocket.

Same situation thats why i dont really mind on sharing nor do talk about btc or crypto even to my closest friends.
I do just let them to know things on their own because i dont really like for me to get blamed when things goes wrong
specially on investment terms.I experienced in the past where i do introduce someone to crypto and then he do end up
on investing to scam which later on he blamed me for that.

Either do I especially on my friends. I don't want to be blame at the end if they'll loss their investment nor they'll just after is the profit that they could had. They wouldn't remember how you help them instead. Just a fact. 🙊

Better to just sit in silence and enjoy your pofit.  ;D

Well, I didn't introduce Bitcoin to any of my friends or relatives here but I also experienced what happened last 2017 but at that time I'm still learning the basics of crypto so no idea about this at that time.

Many are hoping that Bitcoin will perform better this year and now that the Bitcoin halving is fast approaching, many are bullish on Bitcoin right now. I still expect that Bitcoin in short to mid term bullish and after halving I expect a short correction (probably a healthy one). As Eudora in Mobile Legends says "Lets see who has the last laugh" :D. We will have the last laugh for sure.

In my town majority of people dont know anything about bitcoin

My city maybe about 2% population know about bitcoin and just 1% ever invest with bitcoin and other still not understand how bitcoin could increase our earning and become most profitable assets for investing, but my country still not allowed bitcoin as legal currency payment because have many regulation needed by bitcoin become most popular payment way first.

yes,i know that feeling,when i laugh because they surprised about btc movement,now they laugh at me because btc got a massive dump.
but besides it,i still a quite happy since i never suggested any people to buy btc on high price,i just told them to find it with do some bounty job.
about where i living ? well, this is big city but i just live on the corner of the city.

War rumors affect the price of bitcoin. There was no such environment when the Bitcoin price increased to $ 20,000. But then the prices fell brutally. How can he be so moving? They're definitely shaking.

That is exactly what I will do from now on. I wouldn't talk about anything related to BTC and cryptocurency though its very obvious because I have shared some articles in my facebook about anything related to BTC. I wish I didn't share because like some of you, I become the go to guy whenever they talks drift to cryptocurrency or investments and sometimes it ends up with why am I still driving the old car I have after BTC reaches $20000.

We don't have to worry about it. Those of us who use crypto know that the price of bitcoin never stays the same, if the price goes up, the price will go down a lot, and if the price goes down then the price will double again but many do not believe it. We can go without them accepting Bitcoin, and we don't have to ask them to join Bitcoin. But if they come to us and ask about the investment thing, we can advise them to invest in Bitcoin while we advise them not to spend a lot of money before further investigation about Bitcoin. And they can decide for themselves.

You make a good impression but i would like to point out some certain about crypto investments cause i believe it was ghe same thing that led to the slaughtered of those that investment in crypto during the ATH.
I believe the most vital information people (newbies and experienced) ignore when invest in crypto is never to investment more than they can afford to loose and knowing the right time to invest.
@OP, you can never be peoples joke in town if you continue to hold those coins you bought during the ATH.

City side many people knowing what is Bitcoin but they have the wrong understanding about the cryptocurrencies and it's usage bro. Most of the people things that Bitcoin is not at using good places.
Cryptocurrency users are scammers and darkweb users they were not utilise it good things but truth is different. We need to educate everyone in city or anywhere.