How foolish are people who invest in Bitcoin?

[aolin118]

do not say that, if you have spare money, it's better to do some investment than keep it in your wallet.

[Siminarota]

Investment in BTC is not foolish, investing in BTC is risky and always a feasible part to get rich, I'm always passionate and I hope that I will be rich by the BTC.

[insurgent]

If I invest money that I do not mind losing, why not.
Not very clever those who take loans to buy cryptocurrency or sell their homes to buy Bitcoin.
Nothing is eternal.

Bitcoin users are not fool. Well I can say thay Im fool if I choose not to invest in bitcoin why? Because bitcoin give so many opportunities to us. It gives work to those unemployed , It decreases the number of unemployed people. I can say that bitcoin investors are more clever than people who only know is to judge.

[hammo]

I consider huge already, I don't feel any less grateful at any downs that could probably happen. I already won if it's a win-lose scenario. And I think most of the users gained hell of a money in here.

[coinholic]

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

Do you have any proof on this statement? Some kind of link or article to make your statement credible? Or was this based on your personal opinion (which you are entitled to)? Coz the way I see it, the market is far from reaching its peak or limit because it is still growing especially today when more countries are now open in accepting cryptocurrency as a form of exchange. In my view, crypto is just starting to make an economic impact and that it has far more greater things to offer in the future.

[thepers0n]

I don't share your opinion. At the end of this year it will even be more expensive  and BTC will be much more expensive. BTC is a future of our economics and it can't be scam

[bitcoinking11]

Well, they are not foolish, they are quite aware about why they are investing in bitcoin. Investing in it can get you very high profits, compared to other sectors such as gold and real-estate.

[16sept]

$17,000 isn't the peak of bitcoin obviously as we have seen it achieved over $20,000 weeks ago before got corrected to $11K.
Despite all the bad or good news which cause lots of fluctuation, bitcoin could recover to $15,340 right now, isn't it impressive?
People are free to invest in bitcoin, even buy at $17K isn't something fools, bitcoin will continue to reach higher price over time, even some people predicted it may reach over $100K by the end of 2018.

[Machine02]

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

[mak2017]

Foolish are only those people who sell in minus, not even holding bitcoin a year or two, this is really sad.
As majority of people who joined at the end of 2017 beginning of 2018 are having poor knowledge about bitcoin, and after selling in minus calling it a scam.
There are also other people who did constantly bought bitcoin through all this hard time, and i have no doubt that they will be in profit, because they can wait.
Most of people just hearing some stories how crypto can make your rich in 1 months, put all their money in, market falls and they also sell in minus.
So to be honest, only long term vision on this market can bring you profits.

[patron bounty]

I do not think investing with bitcoin is stupid, all investments are at risk.
and before investing with something, you should first learn.
including investing with bitcoin.

[taksrkanah]

there is no fool here, I am very confident with it.
bitcoin is a very high risk investment, but if you first learn about bitcoin then you can minimize losses.

[kent47400]

we should not say them with "idiot" utterances because they may be less fortunate at the time.

and in May 2018 Bitcoin declined in price to $ 5,800, but now unconsciously Bitcoin started up again slowly to $ 6,700 and I hope Bitcoin rises again to the price of 19,000 USD.

[Images21]

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 using hard words against the people who are obviously much logical and reasonable than you. You are talking about how foolish the people who made investments in Bitcoin. How could you consider them foolish when they have made a huge wealth out of it? Nobody is saying that the rising prices of Bitcoin nor Bitcoin itself is eternal. What we are basically saying is that invest in something that is clearly growing.

[hknknitin]

People investing in Bitcoin are actually the wise ones. They have already visualialized the underlying features and profits of the market. The potential investors should be and mostly are aware of chances of loss inorder to gain big in the long run. This fact has been proven in the recent times which has brought many major traders in this field.

[rickyNmorty]

Dear p4ekin,

I think you are not fully aware of the potential blockchain tech usage and how it can disrupt every industry by removing centralisation. And this Blockchain tech came from Bitcoin only.

And Bitcoin has the capability to replace Gold reserves and fiat reserves.

I agree with this, maybe he is ignorant and do not know what the bitcoin can do, he did not do research and just pretended to know many things. As for that person to know,  bitcoin continuous to make its name in the market and now gaining the value upward, as a matter or fact more countries are now accepting bitcoin and in addition more and more people are engaging in bitcoin. Read before you judge.

[Equity0924]

People can't really tell what is going to happen in bitcoin price. It is a gamble. And you can't tell if people are foolish or not. They invest with their own money and ready for what it will take. No offense, and I am not investing. Hahaha

[ideya]

You keep counting zeroes while I am busy counting my profits. I can understand, some people do not get new ideas easily.

[hitchcoin]

I wonder how people make judgements. Would you say that those invested in bitcoin when it was just $100 are also foolish? Bitcoin always put people to shame when they start doubting it and it starts rising so high. I believe we are in early days yet to judge bitcoin but trust me; bitcoin will prove its worth before the year ends.

I agree with you because it has an only personal thing. Really when you invested into bitcoin when surprise was near $1,000 and now when the price is near $7,000 it isn't polished.

[Missterio]

It seems to me that everyone came here only for the sake of profit. and even the author came here to earn and no more.