Where you see a Crash, I see a Fire Sale!

[Kakmakr]

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.

This is not the point. People are obsessed with the price and how much profit they can make. If this is important to them and they care less about the fundamental technology and the principle behind it, then we should promote that. They want profit, so we show them the potential to make that profit. <Buy low>

We have to remember, most people do not use bitcoins because it is cheaper or faster than traditional payment methods, they use bitcoin because they can make quick profits. <buying low and selling high> If we deny that, then we lie to ourselves.

Let them do what they want, it is always a WIN/WIN situation for us, whatever the reason might be for them to use Bitcoin. They will soon realize that Bitcoin is so much more than a Get, Rich quick scheme. ^smile^

[Mometaskers]

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. Don't get into debt trying to make a profit out of anything, especially if you are not sure when the profit would be coming in. Only use money you can afford to lose.

[mrcash02]

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.

This is not the point. People are obsessed with the price and how much profit they can make. If this is important to them and they care less about the fundamental technology and the principle behind it, then we should promote that. They want profit, so we show them the potential to make that profit. <Buy low>

We have to remember, most people do not use bitcoins because it is cheaper or faster than traditional payment methods, they use bitcoin because they can make quick profits. <buying low and selling high> If we deny that, then we lie to ourselves.

Let them do what they want, it is always a WIN/WIN situation for us, whatever the reason might be for them to use Bitcoin. They will soon realize that Bitcoin is so much more than a Get, Rich quick scheme. ^smile^

It's true. We should bring everyone to adopt Bitcoin taking in consideration their particular expectations about the currency. If it's profit they want, promote the profit feature, if it's hype they want, promote the hype, if it's accessibility they want, promote the accessibility.

This way we aren't segregating any investor's profile, but uniting all these profiles around a common ideal, that is Bitcoin ascension.
When we say what must be the focus (taking our personal expectation as it should be the same for all), we are just moving away potential investors that could help increasing Bitcoin's demand.

[dunfida]

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.

This is not the point. People are obsessed with the price and how much profit they can make. If this is important to them and they care less about the fundamental technology and the principle behind it, then we should promote that. They want profit, so we show them the potential to make that profit. <Buy low>

We have to remember, most people do not use bitcoins because it is cheaper or faster than traditional payment methods, they use bitcoin because they can make quick profits. <buying low and selling high> If we deny that, then we lie to ourselves.

Let them do what they want, it is always a WIN/WIN situation for us, whatever the reason might be for them to use Bitcoin. They will soon realize that Bitcoin is so much more than a Get, Rich quick scheme. ^smile^

It's true. We should bring everyone to adopt Bitcoin taking in consideration their particular expectations about the currency. If it's profit they want, promote the profit feature, if it's hype they want, promote the hype, if it's accessibility they want, promote the accessibility.

This way we aren't segregating any investor's profile, but uniting all these profiles around a common ideal, that is Bitcoin ascension.
When we say what must be the focus (taking our personal expectation as it should be the same for all), we are just moving away potential investors that could help increasing Bitcoin's demand.

Why would tell on separate informations? Their interest might be different but it would be much more effective if we do tell all the information's and the benefits that it gives rather than on mentioning just one. If he doesnt like the first one then you can proceed to another one until it caught its attention. Talking back into topic risk takers will always make a move when theres a crash since they do able to see the profiting opportunity later on when price tends to reverse.

[faceoff97]

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!!!

Its a wise thing to buy as much as you could. But always remember that you buy becausw you afford to lose. Investment is not just about putting a lot og money in an account, you should know well why you are doing what you are doing.. Im not saying that bitcoin is going to fail, but we cannot remove the fact that it might. So just be more wise and be oriented.

[mrcash02]

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.

This is not the point. People are obsessed with the price and how much profit they can make. If this is important to them and they care less about the fundamental technology and the principle behind it, then we should promote that. They want profit, so we show them the potential to make that profit. <Buy low>

We have to remember, most people do not use bitcoins because it is cheaper or faster than traditional payment methods, they use bitcoin because they can make quick profits. <buying low and selling high> If we deny that, then we lie to ourselves.

Let them do what they want, it is always a WIN/WIN situation for us, whatever the reason might be for them to use Bitcoin. They will soon realize that Bitcoin is so much more than a Get, Rich quick scheme. ^smile^

It's true. We should bring everyone to adopt Bitcoin taking in consideration their particular expectations about the currency. If it's profit they want, promote the profit feature, if it's hype they want, promote the hype, if it's accessibility they want, promote the accessibility.

This way we aren't segregating any investor's profile, but uniting all these profiles around a common ideal, that is Bitcoin ascension.
When we say what must be the focus (taking our personal expectation as it should be the same for all), we are just moving away potential investors that could help increasing Bitcoin's demand.

Why would tell on separate informations? Their interest might be different but it would be much more effective if we do tell all the information's and the benefits that it gives rather than on mentioning just one. If he doesnt like the first one then you can proceed to another one until it caught its attention. Talking back into topic risk takers will always make a move when theres a crash since they do able to see the profiting opportunity later on when price tends to reverse.

You can tell all the informations, but would be smart on your part if you focus on the most interesting information for the person you are talking to. And in many cases it's not technical aspects that call people's attention, and it shouldn't be a problem, as they can have interest in Bitcoins and Crypto-Currencies even if they don't want to invest mainly because the technology, what it represents, etc...

One of the main reasons people invest, as OP said, is profit, so take advantage of it, focus on the profitable side of Bitcoin to make your marketing.
Spread the benefits of a crash in BTC price, even laymen can understand how they can take advantage from it, starting the investment on the right time.

[Kakmakr]

Incidentally, one seems to be cash strapped whenever an opportunity like this dip comes. One can't buy enough. Even when it fell to $6,000+ I knew it was time to load the guns. Like Warret Buffet would say, "Be greedy when others are scared and scared when others are greedy. Those who bought at that price are now up $2k in profit in just a week. Bitcoin is the definition of the "New Rich". But one has to know the right time to plug in.

This is why I save a little bit of Fiat every week to buy bitcoins. I will skip buying for a week or even a month, if the price is high, but I will still save the fiat for that time when the price takes a dip. You must be prepared, when the opportunity presents it self. The only way to be ready is to save the fiat, until it starts to rain cheap coins. <like it is doing now>

Buy the Dip with money you own, not with debt. I have seen too many people using credit cards to fund Crypto currency and then the price drop and they cannot repay that debt. They then have to sell at a loss and they are stuck with more debt.

Bitcoin has always been a high risk investment and it should be treated as such. You get burnt, when you are greedy. 

[Dewao]

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!!!

Its a wise thing to buy as much as you could. But always remember that you buy becausw you afford to lose. Investment is not just about putting a lot og money in an account, you should know well why you are doing what you are doing.. Im not saying that bitcoin is going to fail, but we cannot remove the fact that it might. So just be more wise and be oriented.

for me, i buy bitcoin because i want to get huge profit when the times comes that bitcoin will increase again, well bitcoin proves what is its ability that is why I believe that bitcoin can recover in this kind of sale.

[vv181]

Well, then we have similar vision lads. We are the one buying when everyone selling and selling when everyone buying. Most of the people seeing a bloody market is like seeing the end of the world while we, we see it as a black Friday sale.

[cr_liev]

I totally agree, though I have doubts it will rise as high as it was, but during the huge market drop it was the best time to buy. But of course never forget to invest the amount you are not afraid of losing...

[NicG13]

I am of the same opinion and have put my money where my mouth is. As much as I can, financially, of course.

[khaled0111]

When Bitcoin crashes, people start selling their Bitcoins, they want to get the highest price possible to cut their losses.
All smart tradersand investors wawait such opportunity to buy.
Unfortunately, I don't have much money to buy now, i will wait for the next panic crisis

[gunungkembar]

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!!!

yes you are right when the price goes down and very down sharply if you know it is an opportunity to buy as much bitcoin as you can because the moment is definitely rare and when the price is low do not be afraid to buy because the price will not be down for a long time.

[BitHodler]

I totally agree, though I have doubts it will rise as high as it was, but during the huge market drop it was the best time to buy. But of course never forget to invest the amount you are not afraid of losing...

Of course it will increase again till the previous all time high levels, but the point is that it might take a good while for that to happen, especially when there is nothing yet justifying the price to increase that much.

We either need to see lightning network become ready for actual main net use (yes I know it is already being used on the main net, but I consider that to be beta usage), or more financial products tied to Bitcoin.

And btw, Bitcoin isn't like gambling where you advice people to only use money that they can afford to lose. Bitcoin will increase throughout the years, and as long as you keep hodling, you won't lose anything.

The price going down doesn't mean that you lost money, because you still have the same number of coins ~ think less fiat, care more about your coins.

[tanghere02]

This is actually a great way to motivate yourself, and I can see myself doing the same thing. I haven't eaten lately at any fast food restaurants and eat at home to save money and of course rather buy them with bitcoin and other altcoins and hold them for long term investment.

[Natetan1004]

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 philosophy of Yin Yang. How seemingly opposite or contrary forces may actually be complementary. That's what happens in the dump issue in crypto. Lots of people sell the coins at lost but some people see it an opportunity. People like you and me see it a fire sale.

[leea-1334]

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 is great advice, and something I keep telling my friends (who do not listen usually). Do not borrow, do not put off bills, do not put off some secure future. But for sure, put off movie night, put off the McDonalds, put off the new DVD game that you will waste hours on anyway. Put that into crypto (of course with research). I was also very happy with these last few weeks. I bought cheap coins that I could not afford before. Yes, some of them are actually in the red now, but I am not worrying. I did not get the lowest dip but I got the dip.

Months from now, I will be glad. I am really hoping this continues for a long time more, so people also forget about crypto until it explodes again!

[Feuerbach]

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!!!

Totally agree with you! Do not panic, but rather buy, while others sell very cheaply)

[Idrisu]

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 same thing I told my collegue in the office! If you said "you miss the buying bitcoin and other coins when the price is low" now provide the best opportunities for one to buy bitcoin at cheap price and make serious profits when bitcoin go up. We should never keep complain and no body should said bitcoin is a bubible as it has provided opportunity for all of us.

[Siopao]

If you have enough funds then I think it's wise and nice move to buy more. In my opinion btc has a long way to go and will continue to increase as time goes by. Although btc have been thru rough times now the good news is,  it's getting back on track .  And I think it will continue till we see the heights of prive again.