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Author Topic: I read this on Forbes today...  (Read 234 times)
RawDog
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April 13, 2018, 12:14:57 PM
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Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.

How fucking stupid is that?  Anyone investing in crypto should prepare to gain 10X their entire investment.  This would be a much better way to prepare as it is far more likely to happen than a loss of entire investment.  WTF is wrong with journalists today?  

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mjglqw
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April 13, 2018, 12:30:29 PM
 #2

Welp. Pretty much 90% or even higher of the top news sites(that aren't solely focused on crypto) are bitcoin/cryptocurrency haters anyway, so I'm really not surprised. I've only seen positive articles from them when we reach ATHs. For some reason I think when they think of crypto they always think of the word "bubble".

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April 13, 2018, 12:32:11 PM
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If you buy or invest in a trusted coin coin such as bitcoin, ethereum, Xrp, or also your doge will not lose your money, you can even get doubled when the price goes up.
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April 13, 2018, 12:38:16 PM
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Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.

How fucking stupid is that?  Anyone investing in crypto should prepare to gain 10X their entire investment.  This would be a much better way to prepare as it is far more likely to happen than a loss of entire investment.  WTF is wrong with journalists today?  

Nothing is wrong with journalists. They are simply aware that they arn't licenced financial advisors and they need the disclaimer in case they get sued. WTF is wrong with you for not understanding that?

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April 13, 2018, 12:38:51 PM
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Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.

How fucking stupid is that?  Anyone investing in crypto should prepare to gain 10X their entire investment.  This would be a much better way to prepare as it is far more likely to happen than a loss of entire investment.  WTF is wrong with journalists today?  

There is only one thing or reason as how can we explain why that journalists wrote such harsh comments about bitcoin. Probably that journalist have invested a huge sum of his money into bitcoin last December when bitcoin was at 20k$. Then when the market crash he lost a huge deal of money, he panicked and sell his btc at a lower value. Thus with his bad experience he threw a tantrums against bitcoin.

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April 13, 2018, 12:53:12 PM
 #6

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Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.

How fucking stupid is that?  Anyone investing in crypto should prepare to gain 10X their entire investment.  This would be a much better way to prepare as it is far more likely to happen than a loss of entire investment.  WTF is wrong with journalists today?  

There is only one thing or reason as how can we explain why that journalists wrote such harsh comments about bitcoin. Probably that journalist have invested a huge sum of his money into bitcoin last December when bitcoin was at 20k$. Then when the market crash he lost a huge deal of money, he panicked and sell his btc at a lower value. Thus with his bad experience he threw a tantrums against bitcoin.
seems like it was just a bitter reaction is that what you meant to say?lol if thats the case this is a cause for celebration that journalists becomes a victim of their own fake news..were heading moon now and this cant be reasonable to believe.

But op is right that we must prepare for x10 than buying this journalist criticism

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April 13, 2018, 06:48:27 PM
Merited by ebliever (1)
 #7

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Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.

How fucking stupid is that?  Anyone investing in crypto should prepare to gain 10X their entire investment.  This would be a much better way to prepare as it is far more likely to happen than a loss of entire investment.  WTF is wrong with journalists today?  

Actually with most coins it is far more likely to lose your entire investment than gaining 10x. Most projects are in their infancy and without any working product. Startups have a very high failure rate.

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April 13, 2018, 07:02:31 PM
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 #8

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Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.

How fucking stupid is that?  Anyone investing in crypto should prepare to gain 10X their entire investment.  This would be a much better way to prepare as it is far more likely to happen than a loss of entire investment.  WTF is wrong with journalists today?   

This is just a simple disclaimer which they simply have to add when talking about high-risk investments. I personally think this is very good that they warn people about this. I will even repeat: "never invest more than you can afford to lose". Don't count on 10x, prepare for bad scenario, I would say. Remember 90% of traders lose their money.


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April 13, 2018, 07:10:44 PM
 #9

those people used to live under regulations. they don't aware how to be decentralized. or they are the victims that become the reason for social media ban crypro currencies advertisements.


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April 13, 2018, 07:13:14 PM
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I think you misread their intent a little bit. For any wildly speculative investment (I mean, lets be honest, as great as bitcoin is, its prone to very dramatic moves - both positive and negative) its important to couch to investors that "Hey, this isn't a sure bet. You need to be emotionally prepared that you could lose big time." This is especially true for people who really haven't done their homework and don't know anything about crypto, but have simply heard "wow, bitcoin is going up like crazy". The basic idea when investing in anything, I think, is that a person should be emotionally/financially prepared that yes, they could lose everything, and not to invest in a way that, if any particular investment went south, it woulnd't ruin you.
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April 13, 2018, 07:15:15 PM
 #11

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Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.

How fucking stupid is that?  Anyone investing in crypto should prepare to gain 10X their entire investment.  This would be a much better way to prepare as it is far more likely to happen than a loss of entire investment.  WTF is wrong with journalists today?   

This is just a simple disclaimer which they simply have to add when talking about high-risk investments. I personally think this is very good that they warn people about this. I will even repeat: "never invest more than you can afford to lose". Don't count on 10x, prepare for bad scenario, I would say. Remember 90% of traders lose their money.

I will always remember this. Thanks for putting this in a brighter perspective. Most people have an unrealistic expectation with cryptocurrency, which either puts people being afraid or too optimistic about it. When financial advisers tell you the dark side of investments, that is to warn people about the risks. I personally don't like things that are too good to be true because most often, they are scams.

I hope that for the newbies, they will realize that ALL investments are a gamble.

"never invest more than you can afford to lose"

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April 13, 2018, 07:37:22 PM
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Trade in and investment in crypto-currencies can bring a high return on investment.  But when there is high volatility in the market, there is a stir in the press, and everyone is trying to give you advice when and what to buy, you should be extremely cautious.  Crypto currency is a new market.  It requires special knowledge that the inexperienced investor does not have.  Rapid growth has generated volatility.  Although crypto-currencies appear to be an attractive investment, any new phenomenon is unstable, and this must be taken into account.  Therefore, a potential crypto-currency investor should evaluate the ratio of profit potential and risks in order to make the right choice.
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April 13, 2018, 07:55:40 PM
 #13

It doesn't have a devastating negative impact to gain ten times your original investment, but losing the majority of your investment (which would have occurred if you bought in at December, for example), could be a serious problem if you're low on money.

It's the same warning that investment related services are legally obligated to give - capital at risk - but it's a warning for a more naive and amateur group of investors than many stock market investors, so if anything it's more important to repeat.

It's hardly FUD, it just slightly dulls the blow of people losing their houses or going into debt from buying too much BTC.
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April 13, 2018, 08:07:09 PM
 #14

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Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.

How fucking stupid is that?  Anyone investing in crypto should prepare to gain 10X their entire investment.  This would be a much better way to prepare as it is far more likely to happen than a loss of entire investment.  WTF is wrong with journalists today?  

Well sir, the majority of them I think is an "old school" journalist. Just like "old school" economists, they think bitcoin don't have fundamental value.
https://www.sciencedirect.com/science/article/pii/S0165176515000890

But ofcourse we disagree with them.
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April 13, 2018, 08:15:35 PM
 #15

Most of you doesn't seem to get the eccentric sarcasm of our OP. He's trolling your bullish attitude. OP is a perfect example of that permabear that got burned once and got out, but the price kept growing and people around him were happy because their investments grew while he became more and more bitter. Now what you're seeing is a permabear that won't buy at all, ever again, even if he keeps experiencing 500% gains per year on BTC.
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April 13, 2018, 08:26:41 PM
 #16

Nothing is wrong with journalists. They are simply aware that they arn't licenced financial advisors and they need the disclaimer in case they get sued.


I think the case here is because they are scared of the reprimand of the government and not necessarily because they believe that someone will lose 100% of their investment.

Quote
Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.

How fucking stupid is that?


he should say that there is risk of losing money, as in any investment, but it is not correct to tell people that they will lose all money because it is speculative and not regulated.

with that phrase he is putting all the cryptos in the same pot, which is wrong.



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April 13, 2018, 08:40:39 PM
 #17

In my opinion, not everything is extreme, at the time of investing we must be aware that it is a risk that must be assumed and therefore be prepared in the profits as in the losses, the cryptocurrency market is very volatile, so we must educate ourselves before investing and not selling without having at least recovered the investment.

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April 13, 2018, 08:46:00 PM
 #18

Well, the news sites now are really unreliable. We'll never know if its true or just a fabricated story. Basically, all we have left for ourselves is to rely on our gut and hope it aint true. Oh well,we were already told in the beginning, invest only what you are willing to lose, so basically this makes a little bit of sense

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April 13, 2018, 08:52:47 PM
 #19

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Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.

How fucking stupid is that?  Anyone investing in crypto should prepare to gain 10X their entire investment.  This would be a much better way to prepare as it is far more likely to happen than a loss of entire investment.  WTF is wrong with journalists today?  
I dont think journalist are too stupd to make such comments with out a basis or valid reason. They’d may seen or known some who’ve invested in bitcoin and made a wrong move with their investments and they’ve lost.


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April 13, 2018, 11:57:44 PM
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