majority will lose money and minds

[coinnumber]

The only reason why people buy bitcoin, is to make money. I believe in the tech, its the future blah blah blah. Your here to make "sick" gains, most will not have the stomach for it. How many investors bought 100 btc for $100 and sold them at $20,000 each, practically none.

Say bitcoin reaches $1 million and you invested now at $3800. You honestly think you wont sell when it hits $50,000 or any other figure that will improve your life significantly. Nobody knows if, when or how it will happen.

Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.

Sorry if you were among those that were introduced to cryptosystem in late 2017, cryptocurrencies market is unpredictable and we all are fully aware of the risk and advice not to invest what you can't afford to loss Coming in means you accept to bear the risk.
I must tell you the fact there's no time bitcoin price will depreciate to zero (0) and I will advice you invest and be more patient so you will not regret why you pull out of the system when bitcoin will go to a price you can't afford to buy.

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[ranman09]

OP must have been trapped with the 2017 bubble and is now ranting because he can't sell anymore. So much for the negativity, if it will be outlawed as you said then bitcoin will be back to where it started.

[seoincorporation]

The only reason why people buy bitcoin, is to make money.

Wrong.

People buy bitcoin trying to make money. But there are two kinds of buyers, the ones who make money and the ones who lose money. Tons of people end losing money just trying to make money. But that doesn't mean bitcoin is a losing game. At the end, the ones who play it smart are the ones who end making money.

[PuertoLibre]

The only reason why people buy bitcoin, is to make money.

Wrong.

People buy bitcoin trying to make money. But there are two kinds of buyers, the ones who make money and the ones who lose money. Tons of people end losing money just trying to make money. But that doesn't mean bitcoin is a losing game. At the end, the ones who play it smart are the ones who end making money.

Trading is zero-sum game except broker fees and commission. Your profit is loss of someone else and your loss is also transferred to balance of other smart trader. Considering the facts about failure rate on trading it is obvious why there are so many exchanges,brokers,market makers than required.

[abstractednerve]

People should stop talking about Bitcoin at 1M, 50K USD. This will not happen, because the world will not support a decentralized coin at 1M USD! This types of hopes and hypes are ruing the crypto platform, people are coming by seeing this news and start the panic when the opposite things happen! I think only quick money wanted people will lose minds, otherwise true supporters always will be strong.

[electron-coin]

Thank you for your opinion. Everyone has the right to it.
I think that you take the trade is very simplistic. You don't take into account the option when people buy and sell bitcoins all the time. That is, instead of buying Bitcoin at 100$ and selling at 20,000$, I, for example, bought it for 100$  — sold it at 200$, bought it back at 120$ — sold it at 300$, bought it back at 150$ — sold it at 450$, etc. This is just a primitive example of how, on the road to 20,000$, anyone can earn on the purchase / sale of Bitcoin. All that is needed for this is knowledge and experience. I think you have neither. I don't want to offend you with this, I just want to show you that with knowledge you could look at Bitcoin from different sides and understand that you can constantly earn money on it (like in any other currency). And even if the time comes when Bitcoin goes into non-existence, until then you can earn hundreds of thousands of dollars (or even millions).

[Gary Levanevskii]

Yes. A lot of people lost their money, but nevertheless a lot of people earned good money in 2017. I think that many clerks need to learn to trade on the stock exchange. This can help reduce their losses in a bearish market.

[Glorious04]

For all we know, it could be outlawed and crash to $0 tomorrow.

well, it could be but because we dont know, so for some it is worth trying to, for some it is worth waiting for because no one really knows if it is indeed gonna crash tomorrow. Each one invests in his own risk so whether they succeed or fail, benefit or lose they will not be able to blame anyone. it all depended in their own belief, view and faith.