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Author Topic: How foolish are people who invest in Bitcoin?  (Read 6560 times)
wallstone
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June 06, 2018, 05:06:45 PM
 #561

How many idiots who decided to invest in bitcoin!!!!!!!

It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
And as it grows from 1.5 to 1.7.....

In recent days printed 180 million tether and still no big growth....
Lending on the stock exchange came to a billion dollars.
The credit rate on the day was a record and more than the 0.103%.

This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.

So began a process of growth needs the infusion of more money.... They're gone.

I think the joy of endless growth to an end this weekend.

Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....

Even if it ends eventually, the time frame of this business is still longer so why not maximize the time remaining. I believe that investing will still be worth it after the "peak" of bitcoin. Years from now, many see that the prices will be stable and with this, bitcoin will be useful currency. If the investment potential of bitcoin fades, at least it will not lose its purpose as a currency.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Roni116
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June 06, 2018, 05:19:46 PM
 #562

How many idiots who decided to invest in bitcoin!!!!!!!

It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
And as it grows from 1.5 to 1.7.....

In recent days printed 180 million tether and still no big growth....
Lending on the stock exchange came to a billion dollars.
The credit rate on the day was a record and more than the 0.103%.

This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.

So began a process of growth needs the infusion of more money.... They're gone.

I think the joy of endless growth to an end this weekend.

Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....

You are right, nothing is eternal in this world, including your thoughts saying that those who invest in bitcoin are fools just because bitcoin prices fall. But in the future if the bitcoin price has improved and the value increased high, surely you will change your thinking.

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DavitRoi
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June 06, 2018, 05:40:44 PM
 #563

Bitcoin is the best place of investment and i don't think bitcoin high rate 17k ,i believe it can be also bitocin low rate in future.
crystalworld
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June 06, 2018, 05:46:24 PM
 #564

I don't see investing in bitcoin as foolishness,its all a matter of choice. People invest in different things, even less valuable things than bitcoin. So I believe bitcoin invite has a future.
nayeel
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June 06, 2018, 07:12:33 PM
 #565

i think fully not foolish, If I invest money that I do not mind losing. We have seen some pump and dump cycles before, so this is nothing new. so more people can afford it,
Peashooter
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June 06, 2018, 07:22:21 PM
 #566

How many idiots who decided to invest in bitcoin!!!!!!!

It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
And as it grows from 1.5 to 1.7.....

In recent days printed 180 million tether and still no big growth....
Lending on the stock exchange came to a billion dollars.
The credit rate on the day was a record and more than the 0.103%.

This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.

So began a process of growth needs the infusion of more money.... They're gone.

I think the joy of endless growth to an end this weekend.

Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....

I don't think it is fool to invest not just on bitcoin but to any other cryptocurrency in the market. There are risks, but we face risks and use the fluctuations of these cryptocurrencies to our advantage. Patience and faith is what measured in this business and it is not foolishness to believe on it. Just remember to invest or put stake what you are prepared to let go because tomorrow is uncertain but we can hope.
angchosenone
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June 06, 2018, 07:26:15 PM
 #567

I don't know how you arrive at the conclusion that bitcoin has achieved its pinnacle cost and its going to crash.Any analysis?Its genuine that bitcoin is presently at its ATH,but it doesn't imply that its going to crash.You ought not overlook that even the divider road firms have changed their state of mind towards bitcoin and have begun to put resources into bitcoin.It haas caused increment in cost and when more firms enter,it would get significantly more presentation and subsequently more request bringing about cost increment.
Bestthefriend
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June 06, 2018, 07:51:20 PM
 #568

I don't think those investing in BTC are as foolish, they believe in the coin and that's all that matters, people have decisions to make and anyone bold enough to put their money into BTC especially at this time and market situation may simply know what they are doing, I personally I believe BTC still has quite alot to offer the market
azisdoank
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June 06, 2018, 07:59:51 PM
 #569

i think It does not mean that Bitcoin had already reached the peak value just because its price is increasing slowly. What is happening on Bitcoin right now already happened before and that is not just once but so many time. There are just a large number of people selling Bitcoin and a large number of people selling Bitcoin at the same time that is why the price of Bitcoin is increasing at a slow rate and So better all that we make for experience in investing. And began to rise again by trading. By trading we may be able to profit little by little.
Jin xiou
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June 06, 2018, 08:13:35 PM
 #570

As for the smooth decrease in the rate of bitcoin, it occurs in a downward long-term trend in small-volume trades. The speed of reducing the cost of bitcoins is affected by bad news, as well as by experienced players with large assets
cetald
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June 06, 2018, 08:16:55 PM
 #571

I think investment in bitcoin at this stage of market development is very safe. It is necessary to approach the purchase and sale correctly.
After the January fall of bitcoin, many have already realized that the cryptocurrency can not grow forever. There was a landing of casual passengers. The most greedy. The most persistent remained. The market rewards for patience.

Glutius
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June 06, 2018, 08:28:09 PM
 #572

As far as I know, the author of this topic was wrong and bitcoin reached the price of almost $20,000. But he is right that it is not necessary to stop on the consideration of bitcoin in such short periods of time. It should be evaluated at least for an annual period of time.

adolf512
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June 06, 2018, 08:29:20 PM
 #573

I think investment in bitcoin at this stage of market development is very safe. It is necessary to approach the purchase and sale correctly.
After the January fall of bitcoin, many have already realized that the cryptocurrency can not grow forever. There was a landing of casual passengers. The most greedy. The most persistent remained. The market rewards for patience.
I also think that at this stage you can invest in bitcoin (although a few months ago the price was lower), because I believe that this year may be the same price increase as at the end of last year.

chocopapaya
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June 06, 2018, 08:34:30 PM
 #574

How many idiots who decided to invest in bitcoin!!!!!!!

It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
And as it grows from 1.5 to 1.7.....

In recent days printed 180 million tether and still no big growth....
Lending on the stock exchange came to a billion dollars.
The credit rate on the day was a record and more than the 0.103%.

This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.

So began a process of growth needs the infusion of more money.... They're gone.

I think the joy of endless growth to an end this weekend.

Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....

You....
really....
like....
to use....
ellipses.... (ellipses are three dots by the way...)

Ironically, this persons strangely worded post might not be that far off.
From when the OP posted, btc peaked a bit more around 19k and it has been down ever since.
It can easily be argued that the op was right.

However, the overall numbers just don't add up when compared to other similar, speculative, markets in the past.
The closest thing we can compare to is the dot.com bubble, and we are seeing a lot of similarities in how the market was acting back then to how crypto is now.
If that is the case, then crypto is only halfway through to totally popping.

Wild, speculative markets based on new game changing tech reach market caps in the TRILLIONS of dollars before popping.
So I believe that btc and crypto still ahve a ways to go.
And btc will remain the foundation of value for at least another year.

Cryptpopo
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June 06, 2018, 08:39:15 PM
 #575

there are some foolishness that are far better than wisdom.investing in bitcoin to some people because they lack understanding but to those that understand,it is wisdom to invest in bitcoin
mobilestrike
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June 06, 2018, 08:42:14 PM
 #576

there are some foolishness that are far better than wisdom.investing in bitcoin to some people because they lack understanding but to those that understand,it is wisdom to invest in bitcoin
These are foolish people who often get big chances of wealth and it also happened in bitcoin. In the start when bitcoin started then wisdom people thought it as a useless coin and some other started to mine it and to get it and use for their purposes, they even were not aware that the price of it will rise much higher (remember the pizza boy) and still they kept them in their wallets and a time came when bitcoin reached to thousands of dollars and these people are now the wealthy people of the world.
Dinatrio
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June 06, 2018, 08:47:33 PM
 #577

After some discussions with more qualified guys i prefer to buy crypto NOW, on correction stage, it's one of the most clever desicion , as for me Wink
bitcointodayand
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June 06, 2018, 11:27:43 PM
 #578

I think that you can not refer to people who invest in bitcoin with such contempt! If you do not believe in bitcoin it does not mean that all the other fools! Rather, you are a fool, if you do not accept someone else's point of view!

Jake Virus
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June 06, 2018, 11:52:38 PM
 #579

there are some foolishness that are far better than wisdom.investing in bitcoin to some people because they lack understanding but to those that understand,it is wisdom to invest in bitcoin
For me investing in bitcoin is not a foolish thing, i am sure that bitcoin can help a lot of people became very profitable and i predicted all of those people who will invest in bitcoin will surley became rich in the future.

SaiWAFU
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June 06, 2018, 11:58:39 PM
 #580

Such negativity, considering that you already have a high rank.

Bitcoin started with at least 5 dollars a coin, and if you have to consider it now, you're still earning.

Volatility is stressful for stock brokers and bitcoin has a lot to offer too, if you can't handle that then maybe it's not the investment you're looking for.

Try investing for gas, it has a quite stable price in the market.
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