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Author Topic: Where you see a Crash, I see a Fire Sale!  (Read 365 times)
Kakmakr
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February 11, 2018, 11:15:42 AM
Merited by 1Referee (1), krishnapramod (1), ralle14 (1), JungleOnion (1), haroldtee (1), tanghere02 (1)
 #1

Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?

Well, I am the "Glass is half-full" kinda guy. I see a Fire Sale of bitcoins, where they see a crash. Since December the price went down with almost 60% <Most people are dumping coins left, right and centre and everyone is running for the hills... The end of the world is coming!

Not me. ^smile^

I am like a kid in a Candy Store. If I had enough money, I would have bought all the sweets at the Fire Sale! ... not just that, I would have bought the shop, closed the doors and kept all the sweeties for myself.

Unfortunately, my funds are limited and I can only afford to buy the sweetest candy as my fiat income is paid weekly. <Yes, believe it or not, some of us still have to work to pay the bills> 

A lot of people said, "I missed the boat, because I did not buy early enough." Well NOW is your chance. Get it whilst it is still HOT!

DO NOT buy on credit! Buy responsibly, like I do. Pay those bills, skip a few Mc Donald hamburgers and buy some bitcoins!

                                                           !!!See you at $20,000!!!


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February 11, 2018, 11:47:59 AM
 #2

Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?

Well, I am the "Glass is half-full" kinda guy. I see a Fire Sale of bitcoins, where they see a crash. Since December the price went down with almost 60% <Most people are dumping coins left, right and centre and everyone is running for the hills... The end of the world is coming!

Not me. ^smile^

I am like a kid in a Candy Store. If I had enough money, I would have bought all the sweets at the Fire Sale! ... not just that, I would have bought the shop, closed the doors and kept all the sweeties for myself.

Unfortunately, my funds are limited and I can only afford to buy the sweetest candy as my fiat income is paid weekly. <Yes, believe it or not, some of us still have to work to pay the bills> 

A lot of people said, "I missed the boat, because I did not buy early enough." Well NOW is your chance. Get it whilst it is still HOT!

DO NOT buy on credit! Buy responsibly, like I do. Pay those bills, skip a few Mc Donald hamburgers and buy some bitcoins!

                                                           !!!See you at $20,000!!!


That's the spirit. Be optimistic. Surely there are people who sees crash on the market as an opportunity to invest and to earn huge profit in the future.  Inveting now is indeed an advantage in the future. The crash won't be permanent and its market value will eventually increase. Just trust Bitcoin and earn huge profit!

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February 11, 2018, 11:52:02 AM
 #3

Well, sad thing is, not everybody thinks the way you do. Not because they are dumb people, but because mostly are still newbies and just went in on the pump because they wanted an easy rich ticket that actually lead them to losses they have never seen before even in their wildest dreams. This correction was already bound to happen, and anyone who didn't see it coming isn't stupid. It is just that they were too lazy to look back on all the hints and clues that the past has already provided for us. That is why most of these people have dumped and cut losses already. Because whether we like it or not, seeing all our investments vanishing into thin air is such a horrifying sight.But hey, experience is a great teacher, so I think that soon enough when the prices gets back on top, they will be back better and wiser.
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February 11, 2018, 12:48:54 PM
 #4

Glad there are still so, I would say realistic people. Certainly it is now the right time to buy as much BTC as you can, in such situations people just need to rely on professionals' opinions, like Winklevoss, for instance. Not sure if they have a deep knowledge about BTC and how it works, but I doubt that they would invest millions in something not worthy, even if they're not professionals themselves, they definitely hired one of the best consultors. Unfortunately, lots of people think that they should know better.
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February 11, 2018, 01:01:11 PM
 #5

I would do the same thing if I had a lot of spare cash lying around. Maybe people who started selling while bitcoin was still high back then are people that wanted to ensure their profits. I myself cashed some out while bitcoin was high and felt it was wrong because bitcoin could recover at any time of the day.

Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?
Not me. They also say bitcoin is dead, no future, won't survive, every single time when the price experience dips or correction.

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February 11, 2018, 01:12:00 PM
 #6

Same here. I always do the opposite of what the majority of the people here do. They buy, I sell. They sell, I buy. It's a vice versa cycle that throughout the years has never changed, and likely never will change, and honestly speaking, I don't want it to change. It may sound a bit harsh, but this market isn't a playing ground for brainless imbeciles thinking to get rich effortlessly. People look at how the market has gone up, and see it as an easy way of making money, but they don't take into consideration how brutal this market from time to time can be. It can be so brutal, that it messes with them on a mental level, making them do things in a split second they later will heavily regret. Stay away if you can't handle it. Unerestimating this market will result in severe losses.

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February 11, 2018, 01:41:26 PM
 #7

Me. They also say bitcoin is dead, no future, won't survive, every single time when the price experience dips or correction.
That's how it has always been right since the inception of bitcoin? Just cope up with it and sooner or later you wont even have an ounce of worry even if many people started spreading doom post about bitcoin. Just always remember that bitcoin is resilient and it have a chance for recovery every time it dumps so take the risk so that you wont regret and say that you missed the bitcoin boat after it has pumped again.

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February 11, 2018, 01:55:48 PM
 #8

Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?

Well, I am the "Glass is half-full" kinda guy. I see a Fire Sale of bitcoins, where they see a crash. Since December the price went down with almost 60% <Most people are dumping coins left, right and centre and everyone is running for the hills... The end of the world is coming!

Not me. ^smile^

I am like a kid in a Candy Store. If I had enough money, I would have bought all the sweets at the Fire Sale! ... not just that, I would have bought the shop, closed the doors and kept all the sweeties for myself.

Unfortunately, my funds are limited and I can only afford to buy the sweetest candy as my fiat income is paid weekly. <Yes, believe it or not, some of us still have to work to pay the bills> 

A lot of people said, "I missed the boat, because I did not buy early enough." Well NOW is your chance. Get it whilst it is still HOT!

DO NOT buy on credit! Buy responsibly, like I do. Pay those bills, skip a few Mc Donald hamburgers and buy some bitcoins!

                                                           !!!See you at $20,000!!!




If you invest only small amounts every week, your strategy will still pay off. I do believe that Bitcoin will rebound sooner or later, and we will cross $20k. The problem comes when people got greedy and invested significant amounts when Bitcoin was rushing past $15k.
For those who buy on credit, I have no words to add. They are doing nothing but gambling and wrong calls will really hurt them.


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February 11, 2018, 02:30:35 PM
 #9

Yes, sir, see you at the $20,000. This is the kind of attitude that all of us should be displaying if we want to continue dealing with Bitcoin and the rest of the cryptocurrency world. We should be seeing things as half-full rather than half-empty and should not easily cry when Bitcoin is getting into its many dips. The point here is that there is a need for Bitcoin to make big retreats so that it can avoid becoming the bubble that burst...but not also going into the meltdown. I am so sure that soon things will be running good for Bitcoin and as a result there will be monumental comeback.

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February 11, 2018, 02:37:51 PM
 #10

Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?

Well, I am the "Glass is half-full" kinda guy. I see a Fire Sale of bitcoins, where they see a crash. Since December the price went down with almost 60% <Most people are dumping coins left, right and centre and everyone is running for the hills... The end of the world is coming!

Not me. ^smile^

I am like a kid in a Candy Store. If I had enough money, I would have bought all the sweets at the Fire Sale! ... not just that, I would have bought the shop, closed the doors and kept all the sweeties for myself.

Unfortunately, my funds are limited and I can only afford to buy the sweetest candy as my fiat income is paid weekly. <Yes, believe it or not, some of us still have to work to pay the bills> 

A lot of people said, "I missed the boat, because I did not buy early enough." Well NOW is your chance. Get it whilst it is still HOT!

DO NOT buy on credit! Buy responsibly, like I do. Pay those bills, skip a few Mc Donald hamburgers and buy some bitcoins!

                                                           !!!See you at $20,000!!!



Buying on the drop is the right way to look at it. Especially with a crash like we had with the price so much lower than the all time high.

I’ve tried to buy as much as I can. The other key is to be willing to be patient and hold for as long as it takes for Bitcoin to recover. It could take more than a year to get back to $20,000.
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February 11, 2018, 02:49:37 PM
 #11


I also think that way every time I save some money which I know I would have spent casually I buy some crypto, it will pay in the long term, collect as many satoshis as you can at various price points so it averages out at a good price.

Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?

Well, I am the "Glass is half-full" kinda guy. I see a Fire Sale of bitcoins, where they see a crash. Since December the price went down with almost 60% <Most people are dumping coins left, right and centre and everyone is running for the hills... The end of the world is coming!

Not me. ^smile^

I am like a kid in a Candy Store. If I had enough money, I would have bought all the sweets at the Fire Sale! ... not just that, I would have bought the shop, closed the doors and kept all the sweeties for myself.

Unfortunately, my funds are limited and I can only afford to buy the sweetest candy as my fiat income is paid weekly. <Yes, believe it or not, some of us still have to work to pay the bills> 

A lot of people said, "I missed the boat, because I did not buy early enough." Well NOW is your chance. Get it whilst it is still HOT!

DO NOT buy on credit! Buy responsibly, like I do. Pay those bills, skip a few Mc Donald hamburgers and buy some bitcoins!

                                                           !!!See you at $20,000!!!


yamete kudasai
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February 11, 2018, 03:00:57 PM
 #12

Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?

Well, I am the "Glass is half-full" kinda guy. I see a Fire Sale of bitcoins, where they see a crash. Since December the price went down with almost 60% <Most people are dumping coins left, right and centre and everyone is running for the hills... The end of the world is coming!

Not me. ^smile^

I am like a kid in a Candy Store. If I had enough money, I would have bought all the sweets at the Fire Sale! ... not just that, I would have bought the shop, closed the doors and kept all the sweeties for myself.

Unfortunately, my funds are limited and I can only afford to buy the sweetest candy as my fiat income is paid weekly. <Yes, believe it or not, some of us still have to work to pay the bills> 

A lot of people said, "I missed the boat, because I did not buy early enough." Well NOW is your chance. Get it whilst it is still HOT!

DO NOT buy on credit! Buy responsibly, like I do. Pay those bills, skip a few Mc Donald hamburgers and buy some bitcoins!

                                                           !!!See you at $20,000!!!


I am thinking of the same thing. And I think it is more appropriate to see backdrops as an opporunity to invest rather than to see it as a threat for you to be worried or scared of. Investing will yield to huge profit whenever its market value crashes because it will eventually increase. And as its market price increases, same thing will happen to your profit.

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February 11, 2018, 03:34:56 PM
 #13

Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?

Well, I am the "Glass is half-full" kinda guy. I see a Fire Sale of bitcoins, where they see a crash. Since December the price went down with almost 60% <Most people are dumping coins left, right and centre and everyone is running for the hills... The end of the world is coming!

Not me. ^smile^

I am like a kid in a Candy Store. If I had enough money, I would have bought all the sweets at the Fire Sale! ... not just that, I would have bought the shop, closed the doors and kept all the sweeties for myself.

Unfortunately, my funds are limited and I can only afford to buy the sweetest candy as my fiat income is paid weekly. <Yes, believe it or not, some of us still have to work to pay the bills>  

A lot of people said, "I missed the boat, because I did not buy early enough." Well NOW is your chance. Get it whilst it is still HOT!

DO NOT buy on credit! Buy responsibly, like I do. Pay those bills, skip a few Mc Donald hamburgers and buy some bitcoins!

                                                           !!!See you at $20,000!!!



I am absolutely not dumping either.
Like you i get a weekly wage and after the necessary bill payments and expenses i cannot buy as much as i would like,
But the number 1 is the essential bills and other responsibilities.
There is no way i would buy crypto on credit,
Like anything else if you cannot afford it dont buy it.

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February 11, 2018, 03:42:07 PM
 #14

Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?

Well, I am the "Glass is half-full" kinda guy. I see a Fire Sale of bitcoins, where they see a crash. Since December the price went down with almost 60% <Most people are dumping coins left, right and centre and everyone is running for the hills... The end of the world is coming!

Not me. ^smile^

I am like a kid in a Candy Store. If I had enough money, I would have bought all the sweets at the Fire Sale! ... not just that, I would have bought the shop, closed the doors and kept all the sweeties for myself.

Unfortunately, my funds are limited and I can only afford to buy the sweetest candy as my fiat income is paid weekly. <Yes, believe it or not, some of us still have to work to pay the bills> 

A lot of people said, "I missed the boat, because I did not buy early enough." Well NOW is your chance. Get it whilst it is still HOT!

DO NOT buy on credit! Buy responsibly, like I do. Pay those bills, skip a few Mc Donald hamburgers and buy some bitcoins!

                                                           !!!See you at $20,000!!!


This should really be done but we cant really deny the fact that not all people do have that kind of confidence or would really took the risk anytime on buying cheap coins or crypto and people would really always have different wants in life and priorities which means buying crypto would be still debatable but if you do have the extra money and capability to do such thing then investing on crypto would really be the best choice.


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February 11, 2018, 03:47:28 PM
 #15

Yes it's really a good time! Because we can buy Bitcoins's discounted price. Many people fear that the price of bitcoins has fallen. But with traders it's a good time to buy sweet candy! Surely with the rise of the bitcoins prices they will earn big profits.

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February 11, 2018, 04:01:55 PM
 #16

How many times had bitcoin died and crashed? from the start of the era of this coin up until now, the freaking media and the fudder groups makes it dead from the eyes of the holders, posting some articles and news, bitcoin is a bubble, the coins just burst, jump from the hype boat, its a scam coin don't buy, again and again the cycles of their words don't fail to frustrate me from the beginning, yet here we are again, golden opportunity to grab, like the OP, said it's a freaking fire sale party don't miss it saying at the end of the day I failed to ride the rocket.

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February 11, 2018, 05:53:57 PM
 #17

Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?

Well, I am the "Glass is half-full" kinda guy. I see a Fire Sale of bitcoins, where they see a crash. Since December the price went down with almost 60% <Most people are dumping coins left, right and centre and everyone is running for the hills... The end of the world is coming!

Not me. ^smile^

I am like a kid in a Candy Store. If I had enough money, I would have bought all the sweets at the Fire Sale! ... not just that, I would have bought the shop, closed the doors and kept all the sweeties for myself.

Unfortunately, my funds are limited and I can only afford to buy the sweetest candy as my fiat income is paid weekly. <Yes, believe it or not, some of us still have to work to pay the bills> 

A lot of people said, "I missed the boat, because I did not buy early enough." Well NOW is your chance. Get it whilst it is still HOT!

DO NOT buy on credit! Buy responsibly, like I do. Pay those bills, skip a few Mc Donald hamburgers and buy some bitcoins!

                                                           !!!See you at $20,000!!!



The scary part of this is people who see a bubble price and then a crash and then think that the bubble price was the fair value price and not an outlier or the market being irrational, and therefore think the crash is the error and that it's guaranteed to return to the bubble price. Dream your dreams, hope your hopes, but don't let blind optimism lead you astray. Repeating a mistake after a wake-up call is completely on you.
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February 11, 2018, 06:06:02 PM
 #18

Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?

Well, I am the "Glass is half-full" kinda guy. I see a Fire Sale of bitcoins, where they see a crash. Since December the price went down with almost 60% <Most people are dumping coins left, right and centre and everyone is running for the hills... The end of the world is coming!

Not me. ^smile^

I am like a kid in a Candy Store. If I had enough money, I would have bought all the sweets at the Fire Sale! ... not just that, I would have bought the shop, closed the doors and kept all the sweeties for myself.

Unfortunately, my funds are limited and I can only afford to buy the sweetest candy as my fiat income is paid weekly. <Yes, believe it or not, some of us still have to work to pay the bills> 

A lot of people said, "I missed the boat, because I did not buy early enough." Well NOW is your chance. Get it whilst it is still HOT!

DO NOT buy on credit! Buy responsibly, like I do. Pay those bills, skip a few Mc Donald hamburgers and buy some bitcoins!

                                                           !!!See you at $20,000!!!



uhh. we have the same feeling when the bitcoin value is dumping, to buy more bitcoin because its more cheap. It doesn't matter if our funds are limited as long as we buy bitcoin at a low price. Well then see you also when bitcoin came back to 20k $. Im excited that to happen Smiley

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February 11, 2018, 06:19:01 PM
 #19

A lot of people I've seen panic selling are newer investors who wanted to get rich quick. The media portrays it as if it's just buy the coins and next month you have 100X your investment. What they don't realize is historically you had to HODL to realize gains close to that amount. This feels like 2013/14 all over again, although the market is mature enough now that we hopefully wont have to wait over a year for recovery in price. Either way, long term the price will be massively higher and people that panic sell now can look back at this post in regret wishing they would've bought in/not sold at today's prices.
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February 11, 2018, 06:23:42 PM
 #20

Although I agree with you, when you say that this is a great opportunity to buy bitcoin now, I don't think that focusing and justifying the buy based on bitcoin price is a good approach. I think that, is what put us in this this massive sell out in the first place. And if I'm completely honest, I guess that was what put us at the all time highs as well.

What I really want to see, is people talking about bitcoin development, and the progress that is being made in terms of regulation. This is what will get us the adoption we all want, because BTC is a solid project with tremendous potencial.
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