bitcoin bankruptcy

[Bangete]

If you can't withstand with the bears, if you still can't realize that bitcoin might end up in 1k sooner, and if you only rely your earnings in bitcoin/crypto, then its really hard for you to survive, really hard.

That's right, why only rely on bitcoin, we must have a reserve above the reserve

[1715449399]

1715449399

[Ridwan Fauzi]

bitcoin will not go bankrupt, 4k is still pretty good compared to the price of bitcoin in 2009, and bitcoin fans will not let that happen with bitcoin, you better learn to focus more on being able to read market situations so that you don't go bankrupt.

Are we in 2009 now? we are not. Everyone who spends money in 2009 to buy bitcoin will have a different amount from the current year, with $ 100 you can get a lot of bitcoin but with $ 100 and you buy bitcoin now, then you only get 0.0 BTC. This will have an impact on reducing the capital they spend at the beginning of the investment, except for everyone who invests in bitcoin now they all buy bitcoin in 2009 so that there will be no problem every investor still has a large profit.

[mocker001]

We all knew that this could happen, we all know that all markets are volatile even when bitcoin was "stable" a few weeks ago (That is the beauty of this).
 I still believe that the price of Bitcoin is going to fall a little more but in January things are going to get better. As for now, I would recommend not to put all your eggs in the same basket and not hate the game hate the players

[pinoyden]

If you can't withstand with the bears, if you still can't realize that bitcoin might end up in 1k sooner, and if you only rely your earnings in bitcoin/crypto, then its really hard for you to survive, really hard.

That's right, why only rely on bitcoin, we must have a reserve above the reserve

Actually most of us here dont really relly on bitcoin because we know that bitcoin are verry unstable and risky .

But if ever bitcoin can go bankrupt , i guess we should still accept it because there are still other cryptos that we can use .

4k is still pretty good compared to the price of bitcoin in 2009

Thats right bro , bitcoins value is still better when compared to its previous price history but it is really a big loss for investors that enters the bitcoin scene when the value is at 6k+  .

[TBboys]

For those who bought Bitcoin for more than $10,000, it’s really bankrupt now, but for more long-term holders, their cost is so low that you can’t imagine, they certainly don’t go bankrupt.
Regardless of the bull market or the bear market, there will always be people who go bankrupt and some people will make money, but this does not mean that Bitcoin is bankrupt.

[blocklancer8]

To give money to invest anywhere is not only in Bitcoin, we should all have to understand the positive and negative aspects of what we will follow. Not only does seeing bitcoin at a time skyrocket high and doesn't see bitcoin at the lowest value. So that we who are investing don't regret the fall in the value of bitcoin and are happy at the time of skyrocketing.

[sublime5447]

Bitcoin is very risky so investing in bitcoin is not arbitrary and must have a broad knowledge in order to get a big long-term profit, maybe for now bitcoin price is dropping but we never know when bitcoin will rise again. Bitcoin is unstable and very difficult to predict its price at the future.

[sumsum90]

Cryptocurrency market is extremely volatile and everyone seems to be forgetting that! There is a trend amongst cryptocurrency investors, they keep expecting easy money. It doesn't work that way. No one was surprised when BTC skyrocketed and now a crash comes as a surprise. This is only a fool, stop using the word bankruptcy and R.I.P. BTC, you are exacturating. Hold on, let us wait for January.

[Kasabus]

Bitcoin is very risky so investing in bitcoin is not arbitrary and must have a broad knowledge in order to get a big long-term profit, maybe for now bitcoin price is dropping but we never know when bitcoin will rise again. Bitcoin is unstable and very difficult to predict its price at the future.

The volatility risk and it's fluctuations give us profit but people don't understand it.  Not only we need wide and deep understanding towards crypto but it is our way of life making trades. We strategies everything so we can be profitable even having the situation like now.

[Finestream]

Cryptocurrency market is extremely volatile and everyone seems to be forgetting that! There is a trend amongst cryptocurrency investors, they keep expecting easy money. It doesn't work that way. No one was surprised when BTC skyrocketed and now a crash comes as a surprise. This is only a fool, stop using the word bankruptcy and R.I.P. BTC, you are exacturating. Hold on, let us wait for January.

Right.Don't be too exaggerated.Yes bitcoin may be so down at the moment but i don't think this will lasts for a very long time.What's the use of volatility if the price won't rise up again?I still believe in bitcoin that one of these days those people who have left bitcoin in a sudden will surely regret.Bull run will still happen soon.

[Harrisonimo]

Very sure you are not the only one in this financial mess at the moment; it sure caught a lot unawares and destability it must have caused generally. What I can advise is to hodl on to what you have at the moment, please don't lose them. You can well then diversify into something else pending when the market gets revived.

[Bonsaiav]

decentralized currency. feels like freedom but really feels like bankruptcy. down 4000$ this week. hard earn money gone. last two months suppose to be a bull run the signs are everywhere. how did it tank . so sad . the dip keeps on dipping. when u btfd but it betrayed u. not sure how the upcoming recession is going to react to bitcoin. sounds like 4500 a bitcoin. sounds like getting rekt sum more.

Bankruptcy and success of a person in managing his business, of course this is very dependent on the attitude of the person how he responds to every problem that occurs both within / outside of his life. So, if you want to succeed in running the crypto business, we should not be too quick to draw conclusions, because we don't know where this train will run. Almost the last 14 days the price of bitcoin fluctuated at a lower level indeed we cannot deny this, but given the age of bitcoin which is still considered young, it seems very unethical if bitcoin is said to be bankrupt.

[xanxus.kun]

If you can't withstand with the bears, if you still can't realize that bitcoin might end up in 1k sooner, and if you only rely your earnings in bitcoin/crypto, then its really hard for you to survive, really hard.

100% agree, we all know how volatile crypto market can be why would you make this as a source of income, you're in a huge trouble if you don for we don't know how long this bear market will last. Focus on the bright side, perfect time to buy a low value Bitcoin and sell when the bull takes over. We don't know when will it be, but HODL.

[bitcoinsc]

retail investors are all broke holding btc while institution are on the side lines . if they went bankruptcy over bitcoin. imagine news media and headlines. can we really have institutions being broke over bitcoin. economy would crumble.

[Burogh]

I dont think bitcoin will bankrupt because the price still above early 2017 price. Its true that bitcoin price drop more than 80% from highest price but it doesnt mean bitcoin will be die because bitcoin is long term investment.
Its true many people lossing money investing their money in bitcoin but its because they buying bitcoin at highest price and its very usual bitcoin price have high fluctuation. Better keep confident on our investment and not panic with market movement

[saumang2m]

I do not think we can get bankruptcy from Bitcoin. I agree. That we may be damaged many times But there is also a lot of benefit. It depends on our decision. What time do we do our coin sale?

[levvv]

decentralized currency. feels like freedom but really feels like bankruptcy. down 4000$ this week. hard earn money gone. last two months suppose to be a bull run the signs are everywhere. how did it tank . so sad . the dip keeps on dipping. when u btfd but it betrayed u. not sure how the upcoming recession is going to react to bitcoin. sounds like 4500 a bitcoin. sounds like getting rekt sum more.

It is clearly that you don't know about bitcoin history from the past years.
If you see the bitcoin price history in the market, it has crashing countless times, but always come back to the higher price.
I won't call this is the bankruptcy of bitcoin just because this bear market, just wait and see for btc to be corrected back to normal price.

[Youghoor]

Yeah he is probably another newbie that is just starting, or another guy that bought high and he is now regreting about that.

I still do not understand why so many people are buying bitcoins for then complaining, it is just like buying gold just for holding for less than a few months.

decentralized currency. feels like freedom but really feels like bankruptcy. down 4000$ this week. hard earn money gone. last two months suppose to be a bull run the signs are everywhere. how did it tank . so sad . the dip keeps on dipping. when u btfd but it betrayed u. not sure how the upcoming recession is going to react to bitcoin. sounds like 4500 a bitcoin. sounds like getting rekt sum more.

It is clearly that you don't know about bitcoin history from the past years.
If you see the bitcoin price history in the market, it has crashing countless times, but always come back to the higher price.
I won't call this is the bankruptcy of bitcoin just because this bear market, just wait and see for btc to be corrected back to normal price.

[deppil90]

The price in the market depends on traders, and investors, I see the current price is as a selection of coins and tokens, this is normal and we must be able to make a final decision after we lose a lot, I choose to trade altcoin

[BagzMM]

I think if you are a  type of investor that is so confident without having much knowledge about the market. Your investment will go bankrupt taking the risk with lack of knowledge will not succeed into crypto world.