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Author Topic: How foolish are people who invest in Bitcoin?  (Read 6385 times)
Jossy111
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June 23, 2018, 07:52:32 PM
 #821

Well these are only you view. You can't possibly say that bitcoin has reached its peak. This was what some people said few years ago but look at the price as at today despite the huddles. So there is still future for bitcoin and all its investors.
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Gameroid
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June 23, 2018, 09:13:04 PM
 #822

Indeed, people who invest in Bitcoin are not foolish, some of them are wiser when it comes in investing their money; they use their money slowly and wisely. They know how to make their money grow.

I do not think that they are foolish, but the fact is that they do not have enough knowledge about bitcoin, they do not want to invest their money in such palaces where they do not have any interest, i think that their interest in bitcoin will increase only if they will be properly get information about bitcoin, and when they understand that they they can get benefit from bitcoin.
hhussain
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June 23, 2018, 09:20:56 PM
 #823

Honestly it depends on what time they are investing in, if the bitcoin market was at a high and people invested in at the rate of 19k USD per coin then yes it was not a particularly smart move although the bitcoin value is increasing with time so any time is right since you have no certainty of the future price.
lisajung0990
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June 24, 2018, 03:57:48 AM
 #824

those who want to invest in bitcoin because they want to pursue profit. that guarantee them to invest on bitcoin, Because bitcoin is acceptable on many industry today.
baby02
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June 24, 2018, 05:56:08 AM
 #825

When you invest in bitcoin you already accept of lossing your investment, after all bitcoin is too risky. Sometimes you must take the risk in order to succeed.
veselova
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June 24, 2018, 06:03:04 AM
 #826

Those investing without doing any research are doing mistake. But those who do research, follow all news and buy accordingly are actually wise people .
Sithara007
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June 24, 2018, 06:07:39 AM
 #827

Foolish? Seriously? I am someone who invested in Bitcoin when the prices were around $800 per coin in 2013. And even now I am having an unrealized profit of more than 600%. Will you call me a fool? And some of my friends invested in Bitcoin when the price was $4 per coin. Perhaps you'll call them fools as well.

cryptoasis
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June 24, 2018, 06:09:29 AM
 #828

It depends on when they bought.  If they bought at 20K then they are the most foolish right now, but if they bought at 6k as of now, they are not foolish.  The people who bought on 20k will be less foolish in the long term just like people who bought on 1.1K back in 2013.  They were the most foolish at that time when it dips to as low as $160, but as of now they were not such foolish.  The reason is everybody could not get BTC in $5 back in 2011-12.  So, buying the tip is foolish for time being but buying the dip is smart.  Let the fruit ripe.  It takes whole year to rip the next lot of fruit in the tree.  I mean patience is the key.
Filthy1
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June 24, 2018, 06:14:04 AM
 #829

The foolish ones are the people that believe the banks and governments are doing them well that your money sitting in a bank earning minimal interest is wonderful that you being in debt with personal loans a mortgage a car loan your hard earned money taxed to the tilt superannuation you cant touch till your almost dead a house you will maybe pay off just before you die these are the foolish ones.
gvnsrbtc
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June 25, 2018, 10:05:30 AM
 #830

People who invest in Bitcoin is not a foolish, all those people have a leaf about the benefits of getting Bitcoin. Some people invest in gold in today's time. And some people invest in property. In which they have a limited advantage. But whatever we invest in Bitcoin, we have a lot of benefit in less time. Because of this, people who invest in Bitcoin are not foolish.
Theonethatgotaway
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June 25, 2018, 11:54:26 AM
 #831

those who want to invest in bitcoin because they want to pursue profit. that guarantee them to invest on bitcoin, Because bitcoin is acceptable on many industry today.

People who invest in bitcoin are not foolish instead they were clever and a risk taker. Bitcoin is the number one cryptocurrency as for today and with its benefits and how much you may earn in investing bitcoin is the proof that investing bitcoin is not foolish. You will never regret investing in bitcoin but you will regret that you never invest.

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triplef
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June 25, 2018, 12:42:39 PM
 #832

I like this greedy, angry opinions so much. Shocked People just come here, in place where a lot of BTC fans are and start complaining. You just want some attention, aren’t you? If BTC is not for you, just skip this topic and everything what is connected with BTC. No one is going to over-persuade you. Just waste of time.

Bulljcak
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June 25, 2018, 12:43:16 PM
 #833

I do not think investing in bitcoin is a stupid investment. I see the potential profit of bitcoin is huge. Many people are trying to invest in bitcoin and I find that they also make a lot of profit from it. I believe the future bitcoin will grow more and invest in bitcoin is absolutely the right choice.


It is not a fool to invest something.Usually,there are people or businessman to take the risk of it.Its up to them on how to make a strategy to earn and have a profit out of it.Maybe i'm a foolish bitcoin investor but i dont care as long as i gain something.
NoviceInvestor
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June 25, 2018, 12:45:19 PM
 #834

The price of Bitcoin goes up and down. In any such market, there will be winners and losers. The winners won't look foolish, only the losers.
penetrak
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June 25, 2018, 01:01:08 PM
 #835

High volatility of trading and relatively demanding business issues are just two reasons why crypto is generally not recommended as an investment tool. If you invest all your tangible assets, you can lose a lot. Then you are considered a fool. If you only invest value that you will not regret when you lose it, then it's a sensible investment and it's okay. There is always the possibility that anyone who does not risk can not get great rewards.
Cofuchu
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June 25, 2018, 01:03:33 PM
 #836

I think you need to have a reality check. In 2010, 10000 Bitcoins could help you buy two pizzas. In 2017, those 10000 Bitcoins were worth about $100 miilion.If thats not value for your investment, then i don't know what is.
Ethreyes
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June 25, 2018, 01:08:31 PM
 #837

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.....

Yes...  You have a point but dont close the doors of bitcoin for you....  You now what it has a great opportunity for everyone of us...  If you want to work you should develop your long patience...  We all know that it really happened everytime and we should not need to worry about it...  You work here for a long period of time and I am really sure that yiu have your own experience but investing in bitcoin is not foolish decisions because the reason only is that it has a low value now...  You know market is AlwAys fluctuating dont think that it is the end of bitcoin because the truth is it is only starting....
Hirikama29
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June 25, 2018, 01:14:12 PM
 #838

Those who have invested in bitcoin are not stupid they have the foresight and they have the tactics as well as the knowledge to be able to invest in the environment as bitcoin environment they are not fool
airdrophunter
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June 25, 2018, 01:37:49 PM
 #839

i don't really care how people (those who don't believe in bitcoin and cryptos) say about me as long as i have bitcoin and my crypto assets in my portfolio for a long term keep. The market price of bitcoin for now may seem to be stressful to see but all i did is never look at it very often because i believe that bitcoin will come back again soon.

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james_Oscar1
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July 01, 2018, 03:19:55 AM
 #840

I think someone who invests bitcoin is smart rather than stupid. because it has many gan from my friends who have been successful and become a millionaire because investing in bitcoin .
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