Why all people moan about the price of bitcoin?

[reynald70]

People complain that Bitcoin prices are declining, but if prices rise they are happy, they should buy a lot if prices go down and hold it until prices rise again, because Bitcoin will rise again, don't complain because of a decline, but it is time to buy.

[Aksiyon1]

Bitcoin is always the currency that attracts many investors. They always expect that BTC can increase to high prices. But perhaps they should spend an amount of investment on altcoin because they will get good returns when they are waiting. You need to have confidence and patience when investing in electronic money when participating in Crypto.

[Warranteum]

They invested and they have to care about the price
If they don't, they will fail

[TrevorS]

Those people who cry in crypto not so long ago, no more than one and a half years complain. Those who have invested in Bitcoin at a high price, or those who have invested in it now hoping to get rich quickly, but this does not happen, for now.

[nydiacaskey01]

If I invested $50,000 USD in Bitcoin and suddenly the price dropped and my $50,000 USD is now only $43,500 in Bitcoin, who would not moan? However, we just need to get used to it because this is how the price of Bitcoin moves and it has been like this since day one. Just imagine if you bought $50,000 USD worth of Bitcoin last February, that $50,000 USD is now $100,000 USD. Just keep on holding.

[otong]

They prefer to complain instead of joining the digital money revolution. These type of people are splitted to two groups: Who has no idea about the technology behind the Bitcoin, blockchain and those who missed the bull trend in the last quarter of 2017.

Talking about bitcoin and crypto currencies is a matter of tenology and development of course, of course, it is said that investors know about all the risks that are obtained in dealing with crypto currencies and many investors who panic and fear developments and prices are definitely investors who do not understand the risks obtained in investing

[jademaxsuy]

Those people who cry in crypto not so long ago, no more than one and a half years complain. Those who have invested in Bitcoin at a high price, or those who have invested in it now hoping to get rich quickly, but this does not happen, for now.

Time will just tell on what they fortune will be. If one will be just patient and putting money into bitcoin without having fear of uncertainty then surely it can earn profit especially if one had invested bitcoin during the risky part of which bitcoin was recorded to have 3K USD. We know that cryptocurrency is risky but all I can say that most risk takers here buying low where bitcoin still down has taken now a good profit even if they will sell it now.

[travwill]

If I invested $50,000 USD in Bitcoin and suddenly the price dropped and my $50,000 USD is now only $43,500 in Bitcoin, who would not moan? However, we just need to get used to it because this is how the price of Bitcoin moves and it has been like this since day one. Just imagine if you bought $50,000 USD worth of Bitcoin last February, that $50,000 USD is now $100,000 USD. Just keep on holding.

It is obvious that the degree of your complaints will be directly proportional to the degree of your expectations, because if you are aware of the risks and are ready for them, then you will not find any sense in the empty complaints, and you will not waste your precious time on it.

[Janation]

The people that moan alot are maybe noobs that dont know anything about the nature of cryptos . they only jump here because they hear that cryptos can provide instant income  . now when they see the price decline , they start to whine saying negative things about cryptos volatility .  while there are veteran and pros crypto users that also complain when the value of cryptos drop too much   , i think thats normal because they dont want their hard money to go down the drain  .

We don't know but we should be really conscious of this.

We should not moan, It is natural for Bitcoin to pump and dump. IT will not always pump, it will not always dump, it is not stable either. I guess we can't say that they are noob since there are times that some people do this despite the fact that they already know the volatility of BTC, maybe because they are expecting and that did not go as they planned.

[geegaw]

If I invested $50,000 USD in Bitcoin and suddenly the price dropped and my $50,000 USD is now only $43,500 in Bitcoin, who would not moan? However, we just need to get used to it because this is how the price of Bitcoin moves and it has been like this since day one. Just imagine if you bought $50,000 USD worth of Bitcoin last February, that $50,000 USD is now $100,000 USD. Just keep on holding.

The reason you mentioned is very accurate and reasonable, investing too much money then hoping so much that our investment will be profitable but only after a few days, the value is continuously reduced and create a heavy damage, moaning, whining about prices is something that people can't avoid. But these moans will diminish over time because, as you say, this is the trend and movement method of bitcoin, mistakes in the first time will be a very good experience for us to read  the movement from bitcoin in the next investment

[AjithBtc]

If I invested $50,000 USD in Bitcoin and suddenly the price dropped and my $50,000 USD is now only $43,500 in Bitcoin, who would not moan? However, we just need to get used to it because this is how the price of Bitcoin moves and it has been like this since day one. Just imagine if you bought $50,000 USD worth of Bitcoin last February, that $50,000 USD is now $100,000 USD. Just keep on holding.

Price is the one that made it popular and made common people look into it and experiment what it is all about. If bitcoin hasn't reached such a high price now it could've never reached such a big user community as well usage similar to fiat. This is the reason upon which people moan regarding the price of bitcoin.

[Farma]

Price is the one that made it popular and made common people look into it and experiment what it is all about. If bitcoin hasn't reached such a high price now it could've never reached such a big user community as well usage similar to fiat. This is the reason upon which people moan regarding the price of bitcoin.

people sometimes predict prices at very high prices, and sometimes that doesn't match the reality. so, when that happens, many people start complaining about low prices. well, basically it's a hope that they made themselves.

[Adriano2010]

Because the price is important, people buy with money and will want to get some profit and to not lose money, and most people want to get a huge profit but not always is possible.

[Irviyandi]

Naturally, if everyone complains about the price of bitcoin because bitcoin has risen so high in 2017 and has decreased very drastically from mid-2018 to early 2019, so that with the decline in bitcoin prices, many of the investors suffered substantial losses, and many enthusiasts  bitcoin disappears due to the decline in prices

[bitzizzix]

I think the reason they complain is because of a purchase error, when they bought it hoping that the price of bitcoin will continue to increase and it turns out that the price of bitcoin has dropped and even declined dramatically.

[reynald70]

I think the reason they complain is because of a purchase error, when they bought it hoping that the price of bitcoin will continue to increase and it turns out that the price of bitcoin has dropped and even declined dramatically.

Yes, because Bitcoin investors always want profits without understanding the big risks when prices decline, so many people complain about being trapped by prices.

[Searing]

Well in my view it is the 'instant' if suspect news we get each day. Too fast and furious.

Facebook/Radio/TV news/online news/etc etc. 24/7

But another reason the moaning is so loud is that the reason the doom and gloom is passed around as such

man, can you make money in the news business on bitcoin and stories....it is the perfect story...1/2 the people will read

any article you write on BTC on the headline it is going bust/tulips...the other half of the population will read the article

you write on BTC with the headline it is going to the moon.

Thus NO WRONG WAY TO WRITE OR POST OR WHATEVER ON TV ETC/PAPER/FACEBOOK on Bitcoin/Crypto.

It is a story that never ends, thus you can keep coming back to the well for eyeballs to your Advertisements and all that $$$

See this example below:




https://www.reddit.com/r/Bitcoin/comments/bwnzos/wsj_business_section_some_bet_bitcoin_price_could/

The way the 'news' works these days. Online/Paper/Magazine etc. Is if they have an article like that this week. They can get all the 'positive'
individuals/types on crypto to read and/or eyeball their site Ads for more $$$. Eyeballs for Article for the 'Crypto Fan Base'. (all them Ad $$$)

I will bet that within the next month there will be a NEW article in the same area of that paper, that will claim that Facebook Coin will kill
Bitcoin and/or Altcoins dead. To get the eyeballs of the skeptics of cryptocurrency in Online/Paper/Magazines. Thus the 'negative' types
will eyeball such see their Ads for the rest of the $$$. Eyeballs for Articles for the 'Fools Theory' on Crypto Fan Base that Crypto is all 'Tulips' and a scam.

It is the 'perfect' way to get readership. Boom or Doom. Rinse/Wash/Repeat. You get 'everybody' with an opinion from the wildly optimistic on crypto/BTC/Alts
to the 'widely' pessimistic on crypto/BTC/Alts. With all the various shades in the spectrum from one end to the other.

Again, Rinse/Wash/Repeat. Expect it.

Them's the breaks. Never gonna go away. All them $$$ from either side of the doom/moon camp on Bitcoin/Crypto. Just the way it is now I'm afraid.

later

brad

[reality18]

People moan and are much concern about Bitcoin because Bitcoin is the top leading cryptocurrency on the market and as a pioneer of all cryptocurrencies, Bitcoin still remains the main spectacle of almost every investor. This means, Bitcoin has an influence on the market and can affect the response of investors to the market trend. When Bitcoin booms, the entire crypto market is bound to boom along and the vice versa approach holds.

[Leyss]

Last year, of course, many complained about the price of Bitcoin, because it fell by more than 70 percent and was relatively low at the end of the year. This was especially disappointing against the background of its previous growth in the price of up to $ 20,000, when people’s imagination broke out and emotions went off scale. In this half of the year, Bitcoin has already more than doubled in price, so there should already be less complaints about its low price.

[BennyK]

People are loud about Bitcoin because it has become the center of attraction when it comes to cryptocurrencies. Most investors look at its trend to make market predictions and even gives clue as to when to buy and when to sell. Because of the pairing of BTC to almost every coin on the market, its rise and fall in prices affect the prices of the other coins on the market.