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Author Topic: why are you afraid of buying bitcoin?  (Read 1986 times)
cizatext
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January 03, 2019, 06:08:33 AM
 #21

To be honest with you all no good investor will want to invest in any commodity when the commodity is facing crises in terms of it market price, and just like bitcoin as a highly volatile commodity it price is always unpredictable and it takes courage for any one to invest in it during dips but if you can bear the risk the best time to buy bitcoin is when the price is down.
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January 03, 2019, 06:12:27 AM
 #22

I have never been afraid of buying the bitcoin, just that I loss all my cash and bitcoin chasing some altcoins. I have come to realize that you either stay in bitcoin during a heavy bloodbath or you just remain in fiat. Some altcoins I invested in with the hope of selling to increasing my bitcoin got dump beyond recognition.

If you had the top altcoins than you need not to worry about it as market will move up then all such better altcoins will rise and you may infact easily get multiple returns quickly if those are under 70$ per coin . If you have bought worthless coin or pump and dump coin then I think you would be ending up in losses only .
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January 03, 2019, 06:24:16 AM
 #23

Is one of those who is afraid of buying during the crypto crisis on the market or you are someone who is willing to take risks and believe that this crisis is an opportunity to make big profits.

If someone is afraid to take risks in any business or business then you cannot do it. Even though the price of bitcoin is low now I see it as an opportunity to invest in it because we have seen a similar crisis in previous years but in the end it was very noble. I really believe it won't collapse but will soon experience an upward trend.
What do you think on the market today.
If me i wouldn't buy more and hold rest of my coins. Because i don't know price will go down more or increase in future, bitcoin price for me is hard to predict and even people said price will increase, i will hold mine and not buy more.

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Nahl
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January 03, 2019, 06:29:12 AM
 #24

People who only thinking bitcoin for short term profit will fear to buy bitcoin and they says bitcoin isn't profitable anymore because the price movement were not good anymore but for me bitcoin more than it and i have to says bitcoin good to considering as future asset instead of traditional investment tools such as gold or property
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January 03, 2019, 06:32:56 AM
 #25

I am not one of those people that is afraid of buying Bitcoin. But for those people, i do thinknthat what they are afraid of is that the crypto market is not yet on the good state like the past months of it. People might afraid that Bitcoin will not click too this year but who knows? Future is invisible. Everything can happens possibly.
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January 03, 2019, 08:04:04 AM
 #26

Yea, I can only name two-three reasons thy people fear cryptocurrency, 1st lack of knowledge (the subject is new to them), It's not legal tender in some countries e.g. US, and 3rd reason  crypto value is up and down and people want steady value just like with the gold.
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January 03, 2019, 08:32:57 AM
 #27

People who only thinking bitcoin for short term profit will fear to buy bitcoin and they says bitcoin isn't profitable anymore because the price movement were not good anymore but for me bitcoin more than it and i have to says bitcoin good to considering as future asset instead of traditional investment tools such as gold or property
Gold or property would not lose their value with time so easily. In other words they are more stable than cryptocurrencies in general terms. Its also a matter of legal risk from the buyer because if local rules are not lenient then they would be prosecuted for possession of cryptocurrencies. Then again even possessing gold or property is not out of risky anyway.

I would say a lot of things that grey out the area of simply done trades with crypto are the reason why they are still inducing fear in the minds of the people not that they are all weak in fundamentals.

R


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MrPeriklis
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January 03, 2019, 08:40:19 AM
 #28

This isn't a bear market yet. Wait for the next couple of months, it'll get even worse.
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January 03, 2019, 08:55:07 AM
 #29

Afraid? I am very happy to buy Bitcoins  Smiley
There is nothing to afraid of simply because the price of bitcoin will recover soon so I suggest to people who will invest grab this opportunity to buy a lot of bitcoin. I also happy because I already buy few amount of bitcoin and it is very affordable.
Moris1987
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January 03, 2019, 09:02:46 AM
 #30

This isn't a bear market yet. Wait for the next couple of months, it'll get even worse.

It droped by 84% on 3200 if it will go bellow this line, bitcoin will die since no one will want to mine anymore.
ghislain1giraud
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January 03, 2019, 09:29:08 AM
 #31

Investing in cryptocurrencies involves very high risk, as prices have been extremely volatile, and Unlike other investment avenues, cryptocurrencies/ bitcoins are not regulated by government entities or banks. There is a lack of information about the trading parties, such a peer-to-peer non-regulated system may expose the investors to unforeseen risks.




whiteblue
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January 03, 2019, 09:42:40 AM
 #32

actually many people are not afraid to buy bitcoin it's just that they are waiting for good news that might be able to make bitcoin useful and can provide benefits for those who buy bitcoin, as I do now, I prefer to wait for good news to buy bitcoin again.
Golftech
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January 03, 2019, 09:49:22 AM
 #33

Yea, I can only name two-three reasons thy people fear cryptocurrency, 1st lack of knowledge (the subject is new to them), It's not legal tender in some countries e.g. US, and 3rd reason  crypto value is up and down and people want steady value just like with the gold.
Afraid of losing it's value while they are still holding it, people who have lack of information about this new industry will not take the risk since they are not willing to lose their money, only those who have good perceptions about the future of this investment will take the move investing to this business.
Oasisman
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January 03, 2019, 09:53:40 AM
 #34

Is one of those who is afraid of buying during the crypto crisis on the market or you are someone who is willing to take risks and believe that this crisis is an opportunity to make big profits.
I can say most of the people are afraid whenever the price starts to dip. But, as for myself, I can see this as an opportunity, yet I cant shake off the feeling of being afraid to take the risks, but I just did.

If someone is afraid to take risks in any business or business then you cannot do it.

Business and investment in cryptospace are two different things and you may not compare this two. If youre talking about the level of risk, investment in crypto space is far more higher than any business ( depends on the type of business you put up).

R


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January 03, 2019, 09:53:55 AM
 #35

Is one of those who is afraid of buying during the crypto crisis on the market or you are someone who is willing to take risks and believe that this crisis is an opportunity to make big profits.

If someone is afraid to take risks in any business or business then you cannot do it. Even though the price of bitcoin is low now I see it as an opportunity to invest in it because we have seen a similar crisis in previous years but in the end it was very noble. I really believe it won't collapse but will soon experience an upward trend.
What do you think on the market today.
No one is willing to lose their money so its normal that people will get afraid when they are buying the bitcoins,we have no proof that prices will stay at this level,it may even go back to $1 too so keep yourself ready while you are investing on bitcoin for everything.









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January 03, 2019, 10:04:40 AM
 #36

fluctuating crypto prices are common ... when the price of bitcoin goes down it doesn't need to panic, it's an opportunity to invest, and you will smile when the price of bitcoin rises later .
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January 03, 2019, 10:31:05 AM
 #37

to many at this time on the fear of buying coins, because prices continue to decline and fear that the price will continue to decline ,, like me, I see the prices on the market go down so much that I want to buy confused and scared ... if I lose

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January 03, 2019, 10:37:22 AM
 #38

What we are afraid of is not bitcoin, but scam. Now most of the crypto in this market is scam or close to scam, the only bitcoin that allows us to invest with confidence.
Therefore, please don't worry about Bitcoin, it must be safe and trustworthy. If you want to invest, it is best to use Bitcoin as the mainstay.

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January 03, 2019, 11:18:23 AM
 #39

Is one of those who is afraid of buying during the crypto crisis on the market or you are someone who is willing to take risks and believe that this crisis is an opportunity to make big profits.

If someone is afraid to take risks in any business or business then you cannot do it. Even though the price of bitcoin is low now I see it as an opportunity to invest in it because we have seen a similar crisis in previous years but in the end it was very noble. I really believe it won't collapse but will soon experience an upward trend.
What do you think on the market today.
There must be some worry because the bitcoin market is very difficult to predict. even though at this time there is an increasing trend, but it is not impossible that the bitcoin price will decline. so this is a difficult thing to do, the digital currency market will always give us fear because of the uncertain market situation. We must dare to take risks when we want to enter the world of digital currency. many opportunities and we can take advantage of these opportunities to take income.
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January 03, 2019, 11:20:22 AM
 #40

that is such a huge assumption in your title alone. most people aren't afraid to buy bitcoin instead they are greedy about starting to buy it. they think if they wait they can get a lower price and as a result buy more of it but what they usually end up with is a missed opportunity and then are forced to buy it at a higher price.
of course there are small number of newbies who are actually scared because of the FUD.

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