Bitcoin Forum

Crypto currency as a whole despite its advantages can be very risky. It appear to me as a battlefield where only the strong can survive and weak ones will eventually give up. I came across this and it worth sharing not to scared us but to build hope in us that we are not alone on this.
It was reported that about 17 wealthiest investors and founders lost about $116 billion in less than a year.
Read full details here $116 billion in lost crypto wealth (https://www.forbes.com/sites/johnhyatt/2022/12/24/these-crypto-founders-and-bitcoin-moguls-lost-116-billion-in-2022/?sh=15311f0442b2)
It's obvious that those who have no trust and hope in crypto have started giving hope and some of them are even selling despite the bad condition of market and end up losing. One thing I'm certain of is that as long as Bitcoin is in existence, all hope is not lost. Let us be strong in order to win this battle together.
https://i.imgur.com/RyA0boV.jpg

The image will inflate on the next Bitcoin surge where Bitcoin will again record its new ATH.  The holdings you stated are all in crypto so it isn't surprising that it will be in the negative when your initial point of reference is during the $45k-ish price of Bitcoin and the endpoint reference is when Bitcoin is at its deep $16k.  So it is actually not a surprise at all.

Except for those who are jailed and properties such as cryptocurrency and others are confiscated, the peoples Net worth by the year 2025 when Bitcoin recorded a New ATH will definitely (assuming BTC will be around $210k) be way more.

https://i.imgur.com/tun2OMs.png
(assuming that the holdings is in BTC)
Legend B = billion

Any form of investment is not for the "weak ones". An investor should know how to endure market downfalls. Problem is; many people think that investing into cryptos or 'Bitcoin' would give an easy profit but in reality it is not. As cited in this topic, there are individuals losing millions. Indeed there are investors who made much out of this industry but to think that it would be applicable to each of one of us, would be a punch to the moon. First of all, profit would be bigger if you'd invest more. You may also engage to alternative coins in this market but think if you could afford a more volatile market price compared to Bitcoin. To put it simply, gauge the risks and avoid the misconception towards this industry.

A true investor must have a strong determination and mental steel and do not need to think about the losses and risks involved.
If you are sure and have the determination, all that is in your mind is to increase your investment assets and keep them until these assets can actually generate large amounts of profit in the future.
Even though the market is unstable, whether the price of the stored asset has decreased or increased in price, if the price of the asset has not reached the specified target, it must be kept.
Because basically investing requires quite a long time, therefore patience and confidence are the main keys to achieving investment success in the future.

^Lost hope is those people who are new to this kind of investor, many weak investors are eventually new to this kind of investment, and they easily get FUD like in any social media news. If we remember last time Binance exchange has many FUD and if you are not verifying it you will believe that FUD news. But I agree with you, let us be strong despite the condition of the crypto market, and forget for a while that you have a crypto asset while the price had a bad position. I believed that the BTC price will reach again into the next ATH.
The image above clearly that if you are new to this you must have faith in BTC first, look at CZ and Brian Armstrong, they don't have huge losses because they know how to deal with the market while those new below have lost millions or billions of dollars.

I was hoping I would see Sam Bankman on the list and I qast disappointed to have seen him. More still, the minions of investors tha focused on using the FTX platform for there investment or build a crypto portfolio. Yeah, this seems enough to spread FUD for the weak hands but, I think if you focus your attention on what is lost other than finding the cause to this lose, you wold be loosing out on an opportunity to better yourself.
If you look at all the names to have futures on tha list, you would find sorting common about them and that is nothing short of some bad investment.  Trying to profit without weighing the risk. As much as there is a statistics to failure, there are just as much to success. Focus on the sucees and study the errors to a lose then, you might find yourself making good investment choices.

Wait, come on, someone must have come out on top, no? Every damn Cointelegraph/Coindesk/CoinABC news article about predictions has some "influencer" or "well followed" trader coming out with all kinds of shorts.

I want to see a list of people who started with $1000 in March and is smelling a million in December. OP, make me happy.

Honestly speaking I think it isn't just on crypto but for almost everything, everything that have risk is not for those who are weak.
If you're not ready or prepared for the worst scenario whenever you are taking a risk then you are just fooling yourself.
Expecting everything to be on your expectation is so childish we need to grow and learn that not everything works that way.
And for those Investors they haven't lost it yet for me it would only be considered lost if they already traded their crypto into Fiat and quit.

Apart from having to do financial management, we also need to do psychological management so that we are not disturbed by FUD which continues to be spread and affects us in the investments that will be made. People who have not started believing and are reluctant to invest in bitcoin or crypto are of course only beginners who don't know what to do, but those who have been in the crypto world for a long time will understand that now is the right moment to just keep logging in and take advantage of it to your advantage. Like CZ who wasn't swayed by drama FTX and such, he continued to innovate and make FUD a vehicle for greater profits. Every investment will definitely have risks, but these risks can be overcome if we know how to minimize them.

Not surprised about these numbers anymore, but what I'm surprised is how people managed to get from billions to 0 in just a single year (with the exception of SBF, of course). Once bitcoin surges, these names will top the list of billionaires once more and people will wonder how they get to there. Not everyone is trained to trade like these guys do, and not everyone has the heart to take all of the loses like these big guys do. Pretty sure at the onset of the reds, most people will find it easier to just sell at a loss than to bear seeing their losses materialize right before their very eyes.

Even in stocks, a lot of losers have emerged too. Everything you can invest on performed relatively bad in 2022, and there's really no performing asset that you can hold onto on the previous year save for precious metals that retained their value pretty well. No one was safe from the harsh reality of 2022 that we have just experienced.

Crypto is not Bitcoin and Bitcoin is one of cryptocurrency. The title is not correct and I think a correct one is Crypto is not for the weak or Bitcoin and crypto are not for the weak.

If you use Crypto (btc), you imply Bitcoin is like altcoins. Fiascos in 2022 started with Terra, FTX and they are altcoins.

Cryptocurrency is a battleground, the market is a battleground where there will be winners and losers because it is not creating money to distribute to everyone, but people are taking each other's money. Whoever is smart and strong will win, this is a game. So I find it funny that people keep blaming the project developers when they lose, but if the developers don't cheat on them then I can assure you that, when the token price goes up, you will also be dumping causing the project to crash and the developers to lose. Instead of waiting for you to dump, they will let the project fall apart. It's a game, whoever is faster wins.

Am I the only one who believes that it is more likely that those traders who actually know what they are doing and earn a good money out of it just stay silent and out the public spot, so they can continue to do what they are doing quietly?

Perhaps it is just me, but if I was blessed with good trading skills I would not try to catch people's attention the way some "influencers" do. I would just close my mouth and make more money.  :P

The prices of cryptocurrencies have been massively dumped, including Bitcoin.  Most of their investment has gone down so they are facing huge losses. And since they are whale investors they know very well how to recover those losses. They will not make any wrong decisions in their own knowledge.  And when bitcoin makes a new ATH they will recover their losses along with huge profits

That is probably one of the most common and damaging misconceptions the general population has about investing, they somehow not only think they can make a lot of money in a quick fashion but that it will also be very easy.

They willingly forget that in order to earn any money they need to work really hard for it, so why would investing be an exception to this rule? Now it is true there is a minority out there which can indeed make a lot of money in the markets and do so very quickly, but those investors are either just lucky or have skills way beyond our imagination.

Does it's only me who think there's no correlation between the @OP picture and explanation?

Those are different person and they have a different source of income, moreover the people who have $0 net worth at December 2022 is because their own business, not because their investment! Become a businessman is really risky and you need to accept huge losses, it's not about in crypto industry, but every industry.

BTC isn't for weak because we need to hold for long term amount, but if you compare a rich people and an Average Joe about their Bitcoin holding, you're wrong since those rich people can make money very easy and they can take more risk.

Every investment is very risk, not just crypto market. It just so happen that bitcoin is volatile as compare to traditional financial market. I think the key word here is risk aversion, rather than saying that it is not for the weak of heart.

Like for example the market is so unique that it is only the one that we have seen cycles, every 4 years, of course every other market has bulls and bears cycle but we have this thing - bitcoin block halving event only happening in a 4 year period.

And with a bear market, everyone is not spared even those billionaires and for sure they know this and they are banking that the next bull run will be huge making X profit again.

First of all there is a huge difference between cryptocurrencies (more precisely altcoins) and bitcoin. The altcoins remain widely useless which makes their true intrinsic value be closer to zero regardless of how much they are worth right now. And that will ensure their long term dump which is what we have been seeing from the day altcoin market was created.
On the other hand, bitcoin is useful regardless of how the minority sees bitcoin or how much money they may lose if they buy bitcoin. The true intrinsic value of bitcoin is high and sometimes like these days it is actually higher that the current price. That ensures long term rise.

Secondly the money that was lost over the years has nothing to do with bitcoin as a currency and it has always been about centralized services (mainly CEX) that are insecure and incompetent to keep their customers' funds safe. Talking about that in this context is misleading.

Yes, in the end what happens is that we have more than 22,000 shitcoins, and there is more and more shit, and apart Bitcoin. Of the altcoins, I think that in the end by pure statistics some will survive that are useful to the system, but very few, counting that CBDCs will be implemented, which means that those who are investing in these tens of thousands of shitty projects will lose their money, while those who bet on Bitcoin in the long term, not only will maintain the purchasing power but will probably get a higher appreciation than with any other financial asset.


Well, not only insecure and incompetent, I believe that in some cases they directly intended to defraud even if they deny it, as in the case of Alameda and SBF, which was dedicated to create money out of nothing with a clear ponzi system, in which many people fell for what they usually fall in such schemes: bewitched by the (illusory) profitability.

I believe there is no such thing as a good trader who only earns money consistently from making good calls or at least, it's indeed a tiny, silent minority.

I think the truth is, most traders who make that a living over the years make more profit from selling signals, selling education, or making commissions off those who sign up and/or trader under them, or make commissions trading on behalf of clients.

That's why they need the exposure, the followers, the hype.

I don't think this investors feared crypto's bear market for this year,  I mean majority of them have been here since the 2018-2020 crash so this is not new to them. And I do agree that there is no correlation between Bitcoin and the presentation laid out by the OP, so it's sort of misleading. The events listed is due to the bear market itself that we always suffered because this is how the market operates, so it's cyclical for them, and as the saying goes, sometimes to win, sometimes you lose. So they will take this lose maybe till next year, but then after that, in the next bull run, this individuals will then make a lot of, sort of rebounding from what they are going to right now.

In investing we must be prepared to face any situation like what is happening today we must stay afloat even though the investment we are living in is experiencing a decline and loss, and for those who have known the crypto world for a long time I think the situation as it is today they can still survive and never panic because they know that big surprises are waiting for the future, and only new investors who are currently experiencing panic when they see the market continue to decline,never sell our assets in a period of loss even though it lasts very painfully but all will feel relieved when bitcoin and altcoins will reach a new ATH.

It's always easy to make money in crypto during a bull run. The same holds true in reverse, very easy to lose (fiat) money during a recession / bear market.
If you zoom out a little bit and broaden your perspective this ist just normal fluctuation.  Nothing much has changed from previous cycles, except the exposure to larger investment firms has increased significantly. This ofc also reflects in bigger losses during the bear-market right now.

The graphic in OP just reflects a "normal" bear market - but it mixes up two things: normal loss in capital due the loss of value of Bitcoin and other crypto assets  - vs. - bankruptcy of exchanges and crypto projects due to scam and misappropriation of user funds.

Bitcoin or any other market, I have never seen the weak win. Even if this is not bitcoin but the stock market, the weak who have no knowledge, or experience and just want to get rich quickly will soon be defeated by the market and the stronger.

In our life too, the weak will often never get what the strong have. So no matter what market we are in, we need to be strong, and to be strong, we need to learn and work hard. Once determined, never give up even though it hurts, fall, always get up and keep moving forward.

There could be a reason behind this cause Bitcoin is a things where there all time high and also all time lows will be for a small time frame and we also do not know that what will happen in future.
And also for those who have such large portfolio they exit at some points and also sale higher prices to get their profits. So that they might run their profits too. SBF also lost its own wealth by also scammed many other people who have such higher or lower portfolio. So that's why we should be a high Heart people not just a small hear people.

Even if we're truly encouraging everyone to survive this bear and volatile market, still, you can't please everybody with your encouragement.

There will be investors that can't make it because they're having hard time on making their decisions to make. Looking at the market, it's favorable to them specially if it's too low on them.

They might have bought at the top and just lost their enthusiasm towards the market because it's too low already.

There will always be those who need proof of Bitcoins growth, that proof is most visible
in the market price. Those people are not going to buy now but rather when the price
heads towards the ATH, it's visible then and the thinking of "it's going to keep going up"

Education in Bitcoin is essential really, not just in the technicalities of how it works but
also in the market movements and the effects it can have on the mentality of the "weak"
and "uneducated".

It is not just cryptocurrency, any form of investment is risky and not for the weak.

Yeah, Every investments have its own risk, and it is quite a pity that so many person lost their money in the past year, but that's part of life. I hope 2023 will bring us better fortune.

Investment is subject to risk and things vary between time according to the market. Every investment have got its peak and bottom. In all means I see XRP as the best, because the valuation have dropped to a small margin. This shows how precise the market is being manipulated.

All that is being mentioned weren't the losses, they are the decline in the valuation of the holdings. This will change when the market turn bullish. So, these are not losses.

There is no room for weak-hearted people in the crypto industry. I've seen people here suffer a complete liquidation of funds during the worst seasons of the market  and are still able to recover most of their funds and their sanity as well lol. But all of this didn't happen just because, they took sleepless nights studying the market, everything about crypto, and whatnot to get rhe most out of the profit potential in this venture. So in reality,  not only does this venture require you to have balls of steel, but it also asks you to have the perseverance and patience to learn new things to be rewarded handsomely.

Well, it's normal these investors are losing money since the beginning of 2022, as we are living a bearish market. Actually everyone here is losing money. All they have to do is to keep holding until the next bullish season. It shouldn't be that hard, especially for wealthy investors who have many other side sources of income and probably don't rely solely in cryptocurrencies for a living. However, it's important to notice at least few individuals on that list had their net worth reduced to zero because they are scammers who stole money from investors, and not exactly because they are "weak hands", so naturally they hid their remaining funds somewhere else or in the name of lackeys.

This is the best example for those people who are weak-handed or they are the ones who are more worried or complaining more about Bitcoin which some part is they don't understand how Bitcoin works compared to these billionaires/millionaires.
This is also the best example that I can hodl for the long term, there are a lot of big players that invested heavily in Bitcoin.

This serves to be a learning, the difference is big. People who always want the market to be on the rise and stay bullish can now understand the reality of the market.

We used to hear, whales make use of opportunity and keeps accumulating as much possible. These billionaires turned millionaires for some time period will continue to invest amidst the bearish trend. The common people doesn't do it fearing the loss experienced earlier.

Your mindset is somehow refutable.  Besides the list is a mixture of Bitcoin and other altcoins calculated into net worth. Another thing see the title, Crypto open and close parenthesis BTC which means the title specifically mentioned BTC among the cryptocurrencies, so what is incorrect with the title?

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It is indeed establish the cryptocurrency is not for the weak because it is obvious that weak hounds are destroyed during the BTC collapse, weak hands are the first people to suffer losses because they panic sell when the price crash, unlike those who hodl strongly and only sell when they have seen good profit.  Altcoins in another hand need more stronger hands because the altcoin market is where lots of scams and fraud exist.

I deliberately overlooked that response. Some people are naturally created to find fault in everything claiming they know all. They are reluctant to reading for understanding but they rather read to respond. Thank you for schooling him a bit.

Correct. As a bitcoin investor, if you have this kind of core conviction in bitcoin, you won't be affected by anything you learn or hear about bitcoin and its price. Instead, you'll find ways to continue accumulating more bitcoin while fearful bitcoin investors will murmur and sell their bitcoin holdings.

For those who have the required patience, it is a victory assured.

I don't understand how the valuation of individuals associated with cryptocurrencies on the list is determined. The criteria used to collect this data are unreliable and inadequate. Moreover, the inclusion of Binance on the list is troubling, as it has faced allegations of being involved in the FTX scam and has been embroiled in legal battles over its wealth affiliations in America. Additionally, there have been instances where a significant amount of the BUSD stablecoin disappeared in a short period of time, and substantial funds were utilized to safeguard the coin in the market during that week.

Investments in crypto are actually risky, especially if altcoins are involved. As for stablecoins, I suppose that risk is minimized: while fluctuations towards BTC becoming less valuable are possible, the overall price is most probably not going to drop heavily... Though, problems with cryptocurrencies can occur from the different aspect: especially troubles with the systems which allow to pay with them and to convert them to fiat... So, crypto is surely not for the weak!

Better not to look those images because it would really be understandable that they wouldnt really be that affected much. We know that they arent just possessing crypto coins or holdings which means that if ever the price would really be going down to the floor then they cant really be having that suicidal thoughts just because they had lost that much considering that they do have other various sources of income which means that it should really be just that fine.Also we should be thinking up that as long you dont cut loss then it would be always considered to be a paper loss or simply you didnt loss at all.

We know that market does have its cycle which it would be normal that there would really be some switching because we cant just be going down forever. As an investor even on smaller scale, then you should really that make yourself that pretty aware about the risks.Prices are way too volatile and potential ups and downs is just part of the cycle and of course with the demand.
Bitcoins or crypto investment isnt indeed for the week or someone who is really that emotionally that impulsive.

In a Bitcoin market, the only lost a person can suffer is when they sell their BTC.   As long as BTC is not sold, there is no single loss to be recorded.  The only loss is on the paper where the appeared valuation of our holdings are below our capital.  It can be countered by holding and waiting for the market to recover and surge.

It is quite hard for people who don't have enough source of funds for their living thus making them sell their holdings even at a lost when they encountered a tight situation.   But for those who have lots of money and patience, crypto specfically Bitcoin should be an easy venture for them since all they need to do is hold and wait.



Every investment is risky but can manage by risk management and stablecoins is not exempted.  Ever heard of the stablecoin UST?  Lots of its holders suffered huge losses when it depeg from the dollar and eventually crash.  Do not be comfortable because you invested in stablecoins beside, why do you have to invest in an asset that almost has no fluctuation at all? Actually I think it is foolish to invest in an asset that almost doesn't give profit at all.

You need to understand the difference between losing the funds and losing the portfolio value ? 
In crypto, there are times when the bear market takes over the bull market and crypto prices fall to even 80-90% down. At that moment the portfolio of all the retailers and institutions will be in net loss. However, everyone knows that this net loss will be eventually in profit when the bull market return so there is not much to be afraid of.

However, if you sold your bitcoin in loss, or if you were hacked, someone stole your Bitcoin, in that case, you will never be able to recover your money. That loss is permanent, and you should make each and every precaution so that you do not become a victim where hackers or you yourself lose your funds by your own mistake or carelessness.

I think it's not cool to say crypto is for someone specific. Crypto is for everyone and everyone can use it. You can even use crypto if you don't know anything about it.

And it's great that even people in poor countries with bad education can use crypto to make their life better. Cos most of these people are probably unbanked.

I also agree that crypto is something that can be used by everyone, but I slightly disagree with your statement about crypto that can be used by those who know nothing about it. Because those who don't know anything about crypto will find it very difficult for them to use it properly and also won't know what crypto they can use for themselves at this time. So that clear instructions or basic knowledge must be available to everyone who wants to use crypto so that they have ways and paths that don't go astray.

Likewise with this, I agree that those who are in poor countries with low levels of education can use crypto to make their lives better and comfortable, but basically they also have to have basic knowledge for this because every new thing that is will be used by everyone, of course they need instructions so that they are not wrong in using it. After all, those who don't have a bank account will also have a little difficulty when using crypto which in the end have to cash out the crypto through a bank account, except in the country where they live it can directly use crypto for every payment they need.

The problem is that having a weak mindset in crypto will harm your "entire life." It may sound absurd, but there are already a number of people who have taken their own lives due to depression caused by the liquidation of funds in crypto trading, which they thought would result in nothing bad happening, but they didn't realize that if you trade in cross margin mode, the liquidation is covering all of your port, which is why leaving a trade with no SL carries a high risk.

If something happens to us in crypto, there is no guarantee that we will be able to overcome the situation. We must be prepared for any outcome in our crypto journey.

I believe that cryptocurrency is for everyone, but there are significant hazards that everyone must be ready for.

This is why there is altcoins guys , that has been for the weaklings  ;D

but kidding aside , Altcoins serves other investors that is not ready to wait long for bitcoin , as
this coin is mostly for those who are willing to give long time than pumping and dumping like most altcoins.

investing in crypto or btc is of course inseparable from risk, so in this case it depends on each one who goes through it.
but with so many cases I see that investing in bitcoin is still the safest.

and it is true that investing must use money that we are ready to lose that money
and also don't be greedy because being greedy usually has the potential to get huge losses.

indeed in investing in btc or crypto you have to be mentally strong and so on.

This shows the difference between a bear market and a bull market, it's like making 10,000$ with 200$ and not taking profits in a bull market, and that money turned into 100$ in a bear market, this is normal and it always happens in every cycle between bull season and bear season.

When a bull market is around the corner, money always finds its way into the crypto market, so people will exit the market after taking profits. Crypto exchanges become richer as more money is invested in crypto.

The case with FTX and the other with 0$ is different, they messed things up themselves, if FTX was clean, right now the exchange will still be running, maybe with a few billion dollars, but every investors must abandon any crypto exchange that's caught in a scam situation.

Yes, I think it's not easy and it's true that investing in cryptocurrencies can be risky, considering the recent losses of some of the wealthiest investors and founders in the crypto space is a reminder of market volatility. But I think it's important to note here that Bitcoin has proven to be a formidable asset over time, and many people have seen significant gains from holding on to it over the long term.


;D ;D ;D, I see what you're saying. You're right, the title can be a little misleading. While Bitcoin is indeed a cryptocurrency, it is only one of many in the larger crypto world. And you're also right that not all cryptocurrencies are created equal - some are more volatile than others. But regardless of which crypto we invest in.

This Week Or Next Week And This Month Or Next Month Doesn’t Matter Because I Believe Crypto BTC When START Bull Market Than Anyone Can,t STOP BTC I Hope $50k - $100k Easily Within 2025 It’s My Target Always Best Prefers DYOR.

Investing itself is not for the weak, some people just can't handle the stress and they make mistakes because of that or it just interferes with their lives. But the crypto space is even more volatile and dangerous, that's true. Well, when we talk about things besides Bitcoin, BTC is just volatile.

There is no doubt that crypto is not for the weak and  emotional control is primary requisite for success in crypto currencies investment. FUD (fear, uncertainty and doubt) can be a powerful force in crypto market and may lead to panic selling and cause losses. It is important to stay informed about latest development and take informed decisions. It is also important to remember that investing in Bitcoin should be approached with long term strategy and it is not a get-quick-rich scheme.

The comparison that you have posted is from near all time high to near all time low. By the time the same values as March are achieved, they will have not only recovered but be at a much higher net worth than what they were before, as their businesses continue to earn them profit and they have managed their money with the information that they would inevitably have before the masses.

These people aren't being tested by the changes in their portfolios in my opinion. To them, it is just another cycle of Cryptocurrency.

crypto is not only for someone specific but for me i don't agree with you that you can use crypto even if you don't know anything about it, it's better to be knowledgeable not only the basics but you can go beyond to it and a side from that you need to have strong and know how to control your emotions since crypto is not always on the top where you can gain always your profit there are downs or bearish that you need to consider.

I am of the opinion that in the world of investment (bitcoin/crypto), no one is weak, because I believe that people who dare to step into the realm of investment are strong and forward-thinking people in their lives. Want it from people who are mediocre financially, but that doesn't mean they will lose or lose their investment. If we think that if you invest you have to be rich first or you have to be a billionaire first, I think that kind of thinking is not right. Because basically investing is not only for the rich, but for everyone, who is able to join and dare to take all the risks.

Moreover, investing in bitcoin, I'm sure it will make it easier for investors who have not so large capital, even though the results obtained are not that large, at least our assets will increase little by little. So it's true, bitcoin is indeed the most popular asset, and can be reached by people who have not so much money.
And in investing, whether it's in bitcoin, real estate, gold, or other assets. We must know the risks that may have to be faced. Because if our thinking is not ready for something like that, we will tend to be less careful and reckless when investing.

Don't give up on investing, just because you are inferior to people who have bigger capital.

To succeed, there should be a place in your heart to take risk, nothing good comes easy, in life everything is all about risk, because no one we can see or even know or discover some things about life and ourselves yet, e.g some go out and never returned back again!, So is unknown to him that he will never returned back and this never stopped us from going out again or using vehicles despite all various kinds of motor accident.

Bitcoin is for those that can retain risk, and these are people that are strong minded, to cope with lost and profit. If you fall you rise again and keep on rising until you reach your destination. So expect the worse and the bad in life before you succeed.

Taking risks have been part of my daily routine, the higher the risks, the higher the rewards. Creating awareness about the market and there's enough opportunities to gain Profits, my colleagues are privileged to gain crypto knowledge from me because I make good emphasis on the project, the same thing applies to losses. We should be able to lay good path for the market, so inother to grab every chances of profits other than stick to just one plan. Cryptocurrency is actually not for the weak, only the strong survive. Bitcoin have be in existence for a long time granting profits for traders and investors.

Indeed, crypto investments are not only challenging but also and unpredictable experience since there is for one thing the volatility of the market making us feel a lot of emotions as it make movements on the charts. Risk would always be accompanied in every investment, the difference is the there is higher risk in crypto and you should make your self willing to stand firm to the major movement of ups and downs of the market. Having critical and technical knowledge is also important so that you know what you are entering. Planning out using the knowledges and experiences that you have will be an advantage but always be cautious with your decisions and emotions so that you can always have the right decision for yourself.

Crypto is for everyone, whether a person is weak or stronger doesn't matter. Even the weaker person can be successful, when they have the patience to win the market. Most of the time the small volume holders and the beginners into the market have the weak mind, because they haven't experienced much about the market as well as have big dreams about turning rich through the investment. The reality is different and the same all of the sudden gives disappointment. Some used to experience surprise and they turn positive further whereas the failed one turns negative, such scenario shouldn't happen. Better learning and they need to stay atleast for few months time then weaker minds too understands well about the market.

Yes, bitcoin or crypto is for everyone, rich or poor, the rich can invest, and the poor are given the same opportunities as the rich. But what OP means here is bitcoin is not for the weak hand, this is a financial market and market like battleground. Only diamond hands with a strong belief in bitcoin can succeed, those who are weak, have no faith, are not patient enough... want to get rich quickly are not suitable for bitcoin. One more thing that I also disagree with is your statement, if you don't have knowledge about crypto, then you can't use or invest in it.

Nah, I don't agree with you on this. Don't force bitcoin on every person in the world. Crypto and especially Bitcoin is NOT for everyone, especially those who can't afford to take the risk. The crypto market is highly volatile and a person who can't afford to lose money should not invest in it. It's not just about having patience, it's about being mentally and financially prepared for the ups and downs of the market. Investing in crypto is not also for beginners with big dreams of turning rich overnight. It's for people who have a good understanding of the market and are willing to take risks but understanding what they are doing and everything is calculated. It's better to educate yourself thoroughly before investing in crypto, rather than just jumping in with high expectations I would say.

You'll know right away if they are weak emotionally, and at the same time, stupid.

They will invest in Bitcoin or any cryptocurrency right after they've seen their friends making money out of it, without any questions asked like "how is that possible?", "What am I supposed to do?" just "how can I deposit my money to Bitcoin?" and that's it. Next day, they'll flood you of "why is the price going down, my money is slowly disappearing" something like that.

They didn't know that cryptocurrency is not the same like fiat, it's much complicated so research is a must before depositing your funds in cryptocurrency.

In crypto only strong hand will always win. There will be many buyer from the start of btc trading but only fewer holding for long term and other sold their btc at earliest stage and now seller will just crying why they didn't hold for some years more while strong holder will enjoy now the real benefit.

Btc price fall and rise is changing over a time and i think btc ks not for an year also. minimum you have to wait atleast five year or one full four cycle to enjoy the real profit. Those Buyer who just invest for one week or months are just testing this service .

For a while I had this skewed vision of lost money whenever I see the market go red. Eventually I relinquished that stupid notion and realized that, as long as I don't sell, my money's still intact. Still, over the years I found that notion being stupid, especially since I suffered heavy losses during bitcoin's bear markets, so I learned to gauge how much I can lose and keep what I have to in order to get by and still have a sizeable investment portfolio at the end of the ordeal.

But what does it have to do with the post, you might ask.

Well, for the most part, OP is true, bitcoin's not for the faint of heart, mainly because your profits could go *poof* at a moment's glance. But not only that. The journey to becoming a decent investor doesn't stop, you'd find yourself learning from your experiences, other's stories, and more. If you don't learn as an investor you haven't gone anywhere and you might wanna rethink your life decisions. This along with the fact that there's no profit certainty in bitcoin and crypto as a whole makes the industry not for everyone.

Bitcoin has always been very different in value from any other cryptocurrency. It would seem that the ETH should not lag far behind in popularity, because now there is still a boom in NFT, and almost all of them are on the ETH At least the most serious ones. But still Bitcoin is Bitcoin, an icon, everyone has heard its name. 
So his holders are those who do not have a weak character, these are people who want stable profits, and not to lose money through shitcoins.

No one would engage in such an act unless they were ignorant about economics and had an abundance of disposable income. Investing in something like Bitcoin without any knowledge about it is akin to taking a leap of faith and relying solely on luck. It's not much different from gambling in a casino.
However, it's crucial to learn about the factors that have kept Bitcoin in existence to this day. This way, new investors can gradually and steadily comprehend the potential and risks involved.

I was wondering which type of weak you mean, if is to say weak financially, with an individual who has a plan for the future even with low-income such an individual can still come up with an amount to invest after saving for a while

Those weak are people who are shaken when the price of Bitcoin is decreasing.  They often panic sell even if they are at a loss.  The lack of knowledge is the reason why these people panic sell the moment FUD is circulated in the market, or they got nervous because they used their lifetime savings to invest in a surging Bitcoin market.  To avoid this kind of incident, a person must strive for Bitcoin market knowledge and or invest only the amount they can afford to lose.

Those diamond hands are knowledgeable and have faith in Bitcoin.   Cryptocurrency is indeed not for the week especially to people who hates researches and learnings.

Only the volatility of Bitcoin can make one to know that holding Bitcoin is not for the weak. The market is extremely volatile and we need to know what we are doing for us to make good management of what we are holding and do well as a cryptocurrency investors in the market. There are people who had tried to be a good investors and had made the mistake of selling all there holdings because of little market movement that is not that tok favourable when sell when the mark6is going down.
We need to know what we are doing or else we may end of selling after small market volatile.

The OP is talking about the weak hands in investment, not the weak in finance and no one is saying that the poor are weak. Those who like to get rich quickly, those who panic sell when the market fluctuates...those are the weak hands in the market. And bitcoin is really only for people with diamond hands.

Selling out your coins doesnt mean that you are weak specially if you are still that on the green side then selling out does have different reason whether you are really that have personal plans or choice
about securing profits or simply your take profit had been trigged out. Crypto investment whether you are holding Bitcoin or other altcoins isnt really for the weak. If you cant hold that long then you dont have the chance on making huge profits but of course it would be entirely depending on what project you are really that dealing into. For those who do love to play with fire, then instead of holding then you would really be making out some active trading towards bitcoins price which is something that not everyone could be able to pull on.

You would be needing lots of things to be considered out first because investing and trading is totally different but still sharing up on the same intent which is to make profits.
If you are really that weak when it comes to emotion and control then you are really that prone to lots of errors.

The data you provided maybe accurate but it is not permanent once Bitcoin surges there will be massive changes, I don't think these whales will dump their share of Bitcoin to cut their losses, they are the industry giant and they've been to a lot of changes, remember CZ, when Bitcoin was dropping during the pandemic, announced that he will not dump his shares no matter what.

If you ask these whales I don't think they are bothered by what they are seeing in the market because they knew what lies ahead they have insight and they should not show they have weak hands because they are the industry giant and people are looking at their actions.

It is true that investing in cryptocurrency can be risky, but it is also true for any other type of investment. Without proper understanding, research, and experience, one can lose money in any field. High risk can bring high gains, but it is important to set aside some money for investment and have a good understanding of risk management.

The fact that some of the wealthiest investors and founders in the crypto industry have lost money shows that no one is immune to market fluctuations. However, it is important to remember that market downturns are temporary, and the overall trend of Bitcoin and other cryptocurrencies is upward.

It is important to stay strong and patient during market downturns, and not to panic sell based on short-term fluctuations. As long as we have trust and hope in the long-term potential of Bitcoin and the cryptocurrency industry as a whole, we can weather the storms and come out stronger in the end.
Even this bear market has come to greed level.

And even if he finds Bitcoin too strong for him, can't help himself whenever he gets so much losses, you know not everyone can handle the emotions, no? He can kindly run and leave the whole shit for good. Nothing works for the weak, and Crypto really isn't a sphere for one weak arseling.

And Yeah, true, Bitcoin is king when it comes to Cryptocurrency. Bitcoin is fascinating, like it isn't controlled by any individual and purely decentralized.

It never happened that someone who came to bitcoin world just for fun or may with serious intentions of earning money and left with millions immediately. Frankly, those who are early shifters will never get the drift of entire thing. Crypto space is not something that can make you money overnight. It never work like that due to few of the facts such as volatile nature, gives bitcoin a trendy pattern all the time. However, the profitable domino effect can only be seen over the period of 2-3 year on average. This is close yearly average when bitcoin goes under halving and pump becomes more aggressive.

But this is just one example of cyclic change. Peeps tend to leave the market within 6-12 months so yep, they are falling for the ponzi traps, shitty alts, and unplanned short investments. Definitely they will have to leave it early anyways.  

This is a common mistake of beginners: selling because nothing happens. And a weak investor wants volatility. After all, it's boring to sit and wait for a miracle, that's why they sell. And bitcoin is full of surprises - the day before yesterday it grew from 28 in a day to 30, and this is a significant movement for him within the framework of one day! In investing in BTC, you need to have patience, because like in a fairy tale - a turtle overtakes a hare.