Why Billionaire Investors Still Remain Positive on Long-Term Trend of Crypto

[cryptocrusher]

It is obvious, it is not whether they have a huge holdings of BTC, they have the money to wait. Unlike the ordinary traders and die-hard all in BTC investors.

What exactly makes you and me different from these billionaires? They only allocate a small percentage of their worth to Bitcoin and crypto in general, and so should you do. People here act like billionaires have money to blow like it's nothing, but they don't have huge bags full of fiat lying around. Most of their worth consists of their own businesses being worth a certain amount, properties they own, etc. I doubt that most of the billionaires have even 10% of their worth in liquid means.

People need to understand that investing shouldn't be done with borrowed money or money you need in your own life. If you only risk a portion you have sitting in your savings account and won't need anyway, you will be able to walk through this bear market without any problems. It's just a matter of logical thinking.

That is exactly how they became billionaires in the first place. Odds are if you keep investing illogically and embracing too much risk you'll eventually get burned. You need to diversify your investments and only invest what you can afford to lose. The only difference between there investments and ours is that there may be more invested and they might have some people to do research and report back to them instead of us having to do it ourselves.

[lionheart78]

That is exactly how they became billionaires in the first place. Odds are if you keep investing illogically and embracing too much risk you'll eventually get burned. You need to diversify your investments and only invest what you can afford to lose. The only difference between there investments and ours is that there may be more invested and they might have some people to do research and report back to them instead of us having to do it ourselves.

I agree, they have the knowledge on how to make their money work for them.  They study the market carefully, do their research and seek advice to their capable financial advisors.  They do not invest blindly, if they go into wild investment, it is just a very small portion of their investment funds.  Aside from that, they have the patience to wait for their investment to produce profit.  Many of us here think that a month investment is too long.

[Crypdon]

Billionaires are billionaires because they know how to trade. Buy now when the market is down, then sell when it goes past the all time high. If it takes a long time, no problem because they have enough to survive on

[Kevin77]

Bitcoin is a great investment if you already have a lot of money.

For people who have invested into stocks, gold, bonds and many other stuff for billions of dollars it is nothing to just put 10 million dollars into a crypto fund and hope for the best, even if it goes to one million dollars that is a billionaire losing 9 million dollars which is basically nothing. So, rich people do not care about these short term falls but only care about getting more of it when it falls down since they can afford to lose money now in order to make money later, that is how you become rich, unless you do not plan for the future you will not have a lot of money when you get old.

Moreover, when you are poor and planning how to finish the month and have 20 more days to live with 100 dollars in your pocket it is hard to focus on a future investment. That is why billionaires are positive on long term trend of crypto.

[Febo]

Question is, When Will it Recover?
On average, it has taken 67 weeks for Bitcoin to recover in its past five major corrections and achieve a new all-time high. 67 weeks from the point in which Bitcoin achieved $19,500 would be the 2nd quarter of 2019.

The past is not a guarantee of the future performance of the cryptocurrency space, but it provides a hint on how the market normally performs and survives through intense sell-offs.

I dont believe new ATH will happen in Q2 2019. It will be way latter. Probably whole year latter. latest bottom was less then a week ago. And even if there will be no new bottom that barely give us that Bitcoin will start recovering in Q2 2019. Usually after bottom is reach there is time of stability that takes about half year.  Once recovery start it is impossible to expect it will reach 20k in just a month or two.

[cryptocrusher]

Billionaires are billionaires because they know how to trade. Buy now when the market is down, then sell when it goes past the all time high. If it takes a long time, no problem because they have enough to survive on

You need to forget the idea of them having enough to survive on, it may make things easier but that's probably not in their thinking. The majority will be perfectionists and they'll remove finances from their decisions. You'd see that they'd be just as invested in making the right decision for a $100 investment compared to a $100m investment, that's just the way that they are wired.

[khufuking]

For some 1BTC=1BTC and for some others 1BTC= whatever value it is sold at the current moment, it really comes to the mindset to the person you are talking with, and I don't think it has nothing to do with believing in Bitcoin or not, you can be one of the biggest Bitcoin supporters and still value Bitcoin to what is really worth in Fiat ( it called being realistic because that what 95%+ of people do at the moment).

Speaking of positivity and the ability to keep holding for long-term is not only something for Billionaires only and it can be done by smallholders too, but the situation is just different from one person to another.

[sorrysteve1]

For some 1BTC=1BTC and for some others 1BTC= whatever value it is sold at the current moment, it really comes to the mindset to the person you are talking with, and I don't think it has nothing to do with believing in Bitcoin or not, you can be one of the biggest Bitcoin supporters and still value Bitcoin to what is really worth in Fiat ( it called being realistic because that what 95%+ of people do at the moment).

Speaking of positivity and the ability to keep holding for long-term is not only something for Billionaires only and it can be done by smallholders too, but the situation is just different from one person to another.

I don't understand how anyone can say that 1BTC is 1BTC and the value doesn't matter because even if bitcoin is not priced against fiat, it will still have a value and a price. FIAT is a great example of this. 1 dollar is 1 dollar but a dollar 30 years ago would get you a lot more than it would do today.

[cryptocrusher]

For some 1BTC=1BTC and for some others 1BTC= whatever value it is sold at the current moment, it really comes to the mindset to the person you are talking with, and I don't think it has nothing to do with believing in Bitcoin or not, you can be one of the biggest Bitcoin supporters and still value Bitcoin to what is really worth in Fiat ( it called being realistic because that what 95%+ of people do at the moment).

Speaking of positivity and the ability to keep holding for long-term is not only something for Billionaires only and it can be done by smallholders too, but the situation is just different from one person to another.

I don't understand how anyone can say that 1BTC is 1BTC and the value doesn't matter because even if bitcoin is not priced against fiat, it will still have a value and a price. FIAT is a great example of this. 1 dollar is 1 dollar but a dollar 30 years ago would get you a lot more than it would do today.

The difference being with bitcoin is that it doesn't have an inherently inflationary nature and so in 30 years time that 1 bitcoin should get you a lot more than it will today. Or so goes the theory.

[markj113]

Billionaire investers are billionaires because they have taken other peoples money.

Make of that what you will.

[cryptocrusher]

Billionaire investers are billionaires because they have taken other peoples money.

Make of that what you will.

All money was someone else's money at some point, except money fresh out of print. Even then it cost money to produce that money. Doesn't matter if you're a billionaire or someone living paycheck to paycheck, you always take someone else's money.

[South Park]

You ask question and you give answer, it is difficult to add anything else on this issue. Some of the key things that differ large from small investors :

- they have huge amounts of money.
- they invest only small part of that in crypto.
- they can wait for years, when price is down - it is time to buy more and not to panic.
- they understand that 1 BTC is always 1 BTC, long-term there is no loss.

You did not actually write anything, this is just copy/past of whole article and only part of forum for such posting is Press.

Your third point is probably the most important, those that have a lot of money have long term mentalities and they can wait for a long time and accept huge potential losses if they believe in the potential of their investment but small investors most of the time are looking for fast profits and they sell at the worst possible time when they should be looking to buy coins and not sell them.

[cellard]

Most billionaires share one trait: patience. They know that things take time. You don't get to billionaire status overnight. You may become a millionaire overnight, but not the big B. Case in point, just take Bitcoin for example. Many became millionaires when they found out they had a bunch of early coins mined and out of luck they held them because they basically forgot about them, so they didn't apply any fundamental analysis to hold long term. The people that become billionaires understand what they are holding and accumulate during bear markets and think long term. Warren Buffet lost a lot of money when he bought shares of many of his picks, but long term he was victorious. I don't have long term doubts of Bitcoin because the fundamental analysis is clear: unconfiscatable decentralized money has to be worth $trillions when measured against infinite supply backed by infinite debt.

[magisterr]

Billionaire investers are billionaires because they have taken other peoples money.

Make of that what you will.

All money was someone else's money at some point, except money fresh out of print. Even then it cost money to produce that money. Doesn't matter if you're a billionaire or someone living paycheck to paycheck, you always take someone else's money.

Billionaries know that new bullrun definitely will come again. And when it happens new and new people come in crypto again and we will have a lot of new money. So this is just a cycles...

[South Park]

Most billionaires share one trait: patience. They know that things take time. You don't get to billionaire status overnight. You may become a millionaire overnight, but not the big B. Case in point, just take Bitcoin for example. Many became millionaires when they found out they had a bunch of early coins mined and out of luck they held them because they basically forgot about them, so they didn't apply any fundamental analysis to hold long term. The people that become billionaires understand what they are holding and accumulate during bear markets and think long term. Warren Buffet lost a lot of money when he bought shares of many of his picks, but long term he was victorious. I don't have long term doubts of Bitcoin because the fundamental analysis is clear: unconfiscatable decentralized money has to be worth $trillions when measured against infinite supply backed by infinite debt.

This, even if bitcoin never becomes a decentralized currency used by everyone the fact that no government can print it or take it away in a whim must be worth a fortune and it seems the market agrees with us since even during this bear market the market cap of bitcoin still remains high, so even if there are short term variations in the price like the ones we are seeing the overall trajectory of the price of bitcoin over time must be up.

[Roni116]

Investors have their own point of view about crypto, crypto is a technology that has a future, so they think positively with crypto.

[magneto]

In bear markets, retail traders often suffer a significant loss because they are unable to handle an 80 to 90 percent drop in value and are forced into a position to liquidate their holdings. Billionaire investors and large-scale institutions, in contrast, have the luxury to hold and sustain their portfolios.

Perhaps a bigger factor that has high net worth individuals remaining relatively positive on the long-term growth of the cryptocurrency market is the historical performance of Bitcoin.

Throughout the past nine years, Bitcoin has suffered five bubble-crash-build-rally cycles wherein the dominant cryptocurrency dropped by about 85 percent on average and recovered to a new all-time high.

From $19,500, Bitcoin has dropped about 82 percent in value and the 85 percent point would be at around $2,950.

On Wall Street, most of the high profile investors that are currently involved in the cryptocurrency market have gone through many cycles like the bubble-crash-build-rally pattern of cryptocurrencies, and for a big portion of those investors, such cycles do not come across as untypical.

This is why people shouldn't be stressed about the bear market.

Bitcoin isn't some magical investment that will continue to appreciate in value.

Just like any other asset, it will have its bull markets and bear markets in the short run, and right now we are in the latter. If you do think that long term demand for bitcoin will increase (i.e., more people will start using bitcoin to pay in the future, or at least store their wealth), then these short term price swings shouldn't worry you at all.

As OP said, we see that on average, bear markets take around 1-2 years to recover. I think we are close to the bottom right now, and that it is a good idea to accumulate some coins through dollar cost averaging to enter the market at a low price.