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Author Topic: How foolish are people who invest in Bitcoin?  (Read 6560 times)
Alifal
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May 22, 2018, 06:14:26 PM
 #341

Bitcoin has caused increase, in price and when more firms enter,it would get even more exposure and hence more demand resulting in price increase. if you want to do trade it not foolish.just you take some risk. so Bitcoin has the capability to replace Gold reserves and fiat reserves.thanks
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The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
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May 23, 2018, 04:15:51 AM
 #342

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.....
how you come to the conclusion that bitcoin has reached its peak price and its going to crash.Any analysis?Its true that bitcoin is now at its ATH,but it does not mean that its going to crash.You should not forget that even the wall street firms have changed their attitude towards bitcoin and have started to invest in bitcoin

maybe he's getting lost his money in bitcoin when he decides to buy bitcoin at that price so he cannot sell it in higher and suddenly the price now drops too deep. so he is desperate to see the price cannot back to increase higher again like before because he has hold bitcoin in the higher price buy and maybe he cannot hold any longer. but if he can be patient, I am sure that he doesn't have to say like that and he will enjoy his time to do other things.

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Rebdoomer
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May 23, 2018, 04:26:00 AM
 #343

It's only foolish if you bought Bitcoin at it's peak at $20,000. But smart if you bought it at $1 many years ago.
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May 23, 2018, 04:35:13 AM
 #344

 Every investor has a choice of where to invest and when to invest, BItcoin is not such a bad investment, its just a matter of timing, its quite unreasonable to buy BTC at its peak and see it struggle to reagin the lost Glory which will take quite some time, those who got the coin in its early stages  are counting their profits, doesn't seem so stupid

Bitcoin to the moon
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May 23, 2018, 04:46:19 AM
 #345

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.....
Good analysis of you and if you sold  your bitcoin at that price before probably you have s lot of profit andvcurrent price now is way too low to it's all time high. sad for those who bougjt at its peak and probably keep waiting when bitcoin recover abovr their purchase price.
Nick Abimanyu
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May 23, 2018, 05:11:08 AM
 #346

I think idiots never decide to invest in bitcoin they are people who want to learn smart in managing the investment. And vice versa, whatever clever you are, if still can be provoked by spreader FUD, then he is the real idiot.
brightology
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May 23, 2018, 05:30:17 AM
 #347

Bitcoin investment, is not a stupid or foolish as you think, but is the level of understanding and trust, that guarantee them to invest on bitcoin, Because bitcoin is acceptable on many industry today.
mix max
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May 23, 2018, 05:47:58 AM
 #348

Someone who invests in bitcoin is not stupid. They are smart, yes smart .. smart in reading opportunities and take advantage of opportunities to reap the benefits as much as possible, before it's over.
Carrelmae10
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May 23, 2018, 08:24:36 AM
 #349

..I think that investing in bitcoin is not a foolish act..we are all aware that the the bitcoin price movement is not stable..its value rises but at the same time decreases depending on  its users..people are just smart enough when to buy or when to hold bitcoin..

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May 23, 2018, 08:35:24 AM
 #350

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.....

Definitely not a visual illusion. What you found about Bitcoin's price in December of last year was a real price with an equally real value. Anyone owning a Bitcoin could convert their Bitcoin to US Dollar or to any fiat money where there is available Bitcoin to fiat conversion. That is also real. Everything is not an illusion. Everything is effin real. The millions that people made out of their profit from hodling Bitcoin are very real.

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May 23, 2018, 08:49:46 AM
 #351

You are totally right,  'Nothing in this world is eternal and permanent', but people are sure that tomorrow or the next year is not the last day of bitcoin, that's why they continue to invest in it and I can't call them fools cause of that. My husband keep reminding me almost every day that once I had a whole bitcoin on my balance, but I sold it per 1300$ just cause of I had not enough faith in it. The same kind of mistake is unacceptable to me and my current target is to collect 1BTC again, I'm truly believer and prognosis for bitcoin too optimistic for this and next year, so no, people who invest in bitcoin are not fools.
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May 23, 2018, 08:54:40 AM
 #352

The only people who are going to turn out to be fools are those who didn't invest in Bitcoin even after knowing about it. You are just trying to create FUD cause you didn't get in early into bitcoin or most likely bought the top and now are venting it by spewing hate towards Bitcoin. You are going to end up calling yourself a fool in few years.

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imking
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May 23, 2018, 09:09:41 AM
 #353

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.....
People are not foolish they want to make money while sleeping. I don’t see anything wrong with investing on the bitcoin. People are investing their money in bitcoin or another kind of investment because they want to earn more income, or they want the second source of income. I know before they invest on the bitcoin or another kind of investment they know the obligation to how to earn a profit on it. Investing on the bitcoin has fantastic income everyone knows that.
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May 23, 2018, 09:17:37 AM
 #354

This guy was right! But I think that bitcoin is grow finally. Yes it can fall down but not to zero. Last year it was 3000 dollars, this year lowest price was 6000. So we can see - it is grow up! But we should buy it when it fall down of course.

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May 25, 2018, 08:33:39 AM
 #355

We are not foolish, we simply think the ideal approach to earning income, and to your information, we contribute just that amount that affordable to lose. Year by Year goes by. Bitcoin cost is expanded and mostly in Ber months, the cost increment so high. This the motivation behind why we are investing. We know the danger of putting resources into the bitcoin. At this point, the bitcoin is the most extravagance value more than other coins bitcoin is as a magnificent investment today
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May 25, 2018, 08:54:45 AM
 #356

For me its not a foolish investing bitcoin its very profitable, it will help us in the near future like tuitions this one of my best investment collecting bitcoin.
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May 27, 2018, 01:29:06 PM
 #357

An investment into BTC  is sure to be profitable for all, no matter the level, do not look down on BTC, It is still the correction and bear season, sure the rise of Bitcoin will happen soon and all critics will bow there head.

All depends on our individual individual. we must first know our abilities and learn before plunging into investing in bitcoin. Indeed many people who want to get rich instantly, so hear others can profit from investing bitcoin. They will immediately follow-up without wanting to learn to know first, yes the results are obviously loss and very stupid, in this world there is no instant, all need process and learning. So do not forget to learn and do not give up when falling.
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May 27, 2018, 01:32:48 PM
 #358

Those who thinking this are foolish people to me. Now the age of cryptocurrency bitcoin is riding on top, so why we don't invest in bitcoin. How come so much people become foolish? I think one day bitcoin will be an asset to us. we will reserve it for our future generations.
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May 27, 2018, 01:40:58 PM
 #359

I disagree with the question, I cannot call foolish the people that invested in Bitcoin. I believe that they are courageous people who willingly take the risk. But everyone has their own perspective and I respect that.

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May 27, 2018, 01:42:20 PM
 #360

Those investing in bitcoin are not foolish, because they invest in expectation to earn good return, which is certain for bitcoin investors.
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