majority will lose money and minds

[vypzilla]

I thought in the end you will advise people to dump bitcoin and move to stocks. Life in itself is a game,  to be successful, you need to make some journeys of risk. People have taken the risk by investing,  yeah and what do they want in return? Gains/profit. I think you should be happy for being amongst the early adopters of the blockchain, that in itself is a plus.

RESPECT. Being an early adopter is how you perceive a timeline. To me $0.30 BTC is an early adopter, for all we know the timeline could be 11 years and we are in the last year. For all we know $20,000 was bitcoin's ATH ever.

I appreciate your thoughts and hopefully are investments improves our lives and you don't go to Vegas and put it all on red..and lose lol

All the best.

[kalong428]

THE ONLY REASON PEOPLE ARE HERE, IS TO BECOME RICH. 

or to make smb other rich! 

[hridoyb]

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.

I joined cryptocurrency in 2017 and last 2 years many changes bitcoin and crypto currency. When i was first started bitcoin earn and buy and sell this time bitcoin was only 1100$ and then it was up to 4000$ than again down and in Dec 2017 bitcoin price cross the highest limit that means 20000$.after middle dec2017 bitcoin price going to down and down because many company and country give negative feedback about bitcoin. But people believe that bitcoin price back again and i also think this bitcoin will be up otherwise crypto market destory .I think most of the people get enough profit and change her lifestyle in 2017 so always try to catch your opportunity.

[vypzilla]

THE ONLY REASON PEOPLE ARE HERE, IS TO BECOME RICH. 

or to make smb other rich! 

Exactly, right!

[snipie]

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.

Do not worry, if we will not cashout at 100.000$ we will let our children do it  
You should stop thinking about Bitcoin relation to dollar and start thinking about 1BTC=1BTC

[Capt00]

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.

Do not worry, if we will not cashout at 100.000$ we will let our children do it  
You should stop thinking about Bitcoin relation to dollar and start thinking about 1BTC=1BTC

You were right because bitcoin is intended in long-term holding investment, not in just a week or a month. People who are not a real enthusiast didn't have a full idea of how Bitcoin works. As long as they know that Bitcoin can make money. But you need to have more patient's before you achieve that goal. If you invested last month while the market is too cheap and forgot at least a year, for sure your profit is there.

[vypzilla]

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.

Do not worry, if we will not cashout at 100.000$ we will let our children do it  
You should stop thinking about Bitcoin relation to dollar and start thinking about 1BTC=1BTC

Ha ha nice.

Sometimes I wonder, if bitcoin booms will owning 1 bitcoin instantly make you famous lol

1 btc = fame. Tone Vays and Davincij15 come to mind 

[Maestro75]

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.

Forget it, bitcoin can not be outlawed and crash to zero value. Look at what the bitcoin blockchain has been able to give the world. How do you think all that will be wiped off? I do not think it will happen.

[coolcoinz]

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

Bitcoin IS money, so by buying Bitcoin you are in fact making money. 

The people who are still here since $10, etc are rich in the global term of the word rich. Maybe not in the western version of the word, but even then its still debatable.

If you were here since $10 you would be rich in all senses, global and Western alike.
Even now, at this low price, without any investing, you would have more than 1000 Bitcoins. How? Because of faucets and giveaways. Back at $10 there were faucets allowing you to claim 1BTC a day and the first signature campaigns in 2013 and 14 were paying 1BTC per month.

To me $0.30 BTC is an early adopter, for all we know the timeline could be 11 years and we are in the last year.

And IMO $1000 per BTC is an early adopter. Bitcoin is going to be worth more than 50k USD per coin. That's how I see it.
You can say that it's impossible, but people who saw MtGox collapse in 2013 and prices going from 1k to $300 also thought that doubling the ATH at 2,5k was impossible.

[vypzilla]

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

Bitcoin IS money, so by buying Bitcoin you are in fact making money. 

The people who are still here since $10, etc are rich in the global term of the word rich. Maybe not in the western version of the word, but even then its still debatable.

If you were here since $10 you would be rich in all senses, global and Western alike.
Even now, at this low price, without any investing, you would have more than 1000 Bitcoins. How? Because of faucets and giveaways. Back at $10 there were faucets allowing you to claim 1BTC a day and the first signature campaigns in 2013 and 14 were paying 1BTC per month.

To me $0.30 BTC is an early adopter, for all we know the timeline could be 11 years and we are in the last year.

And IMO $1000 per BTC is an early adopter. Bitcoin is going to be worth more than 50k USD per coin. That's how I see it.
You can say that it's impossible, but people who saw MtGox collapse in 2013 and prices going from 1k to $300 also thought that doubling the ATH at 2,5k was impossible.

Interesting thoughts. You could argue even though you were in the space at $10 and made millions you could have blown it all and now you are poor. Or even the case that you bought at $10 and sold at $100, would you be that rich? or you made a lot and reinvested recently and are currently 80-90% down on your portfolio. Many different scenarios can be played out. But overall, if you were smart enough to be in the space then, there's something about you.

I find it hard when people say "bitcoin is going....anything".  "IS" is a fact and nobody knows what will happen. I feel your belief brother, but when do you sell? You say it will be worth more than $50k, so what price will you sell at? Greed takes control and before you know it you have missed the next ATH. Create a strategy and stick to it. Good luck!

[YuKiang]

I think that in everything there should be a reasonable approach to investing in bitcoin. It is clear that already bitcoin will not show a few 10X in a short time. You just need to buy and wait until the market changes. But if bitcoin falls very low, do not make this tragedy out of it.

[Indamuck]

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.

Those that go against the mainstream end up being early adopter in new technology and they rewarded financially for it.  We have been hearing the same FUD since the early days of bitcoin, this is nothing new.  True veterans know that holding is the best play and it is important to never sell your whole stack.

[Kemarit]

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.

Good point. Bitcoin really became a form of investment specially in the last couple of years. We even see some irrational buyers in 2017 and thinking that this market is a "get rich scheme". But there are people who uses it to buy things online or in my case I used it to pay my monthly bills.

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.

To be honest, I will sell some of my stash if ever the price reaches $50,000. Who wouldn't? Sometimes you need to book profits right? The keyword here is be a "smart" investor, and not just buying the hype.

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.

Of course as investors you need to check you investment once in a while to see how you're doing. I'm sure "smart investors" are doing that and make necessary adjustments as well. I don't know how it can be outlaw though, we just reach 10 years and I'm sure that we will survived in the next decade, IMHO.

[greeklogos]

Think about it, we only invest in bitcoin to make money. I don't care what anyone else says, that's the simple harsh truth.

There is no need to think a lot about that indeed. People really in the rush for easy money with the help of not stable bitcoin. But this rush makes many of us greedy and blind. I mean if we would just know that bitcoin will drop so low after 20k$ point we all would cash it out.

[rey88]

Only invest what you can loose!
Now is not the best time to ''invest'' anyway, wait till it drops way more...

[whirlcoin]

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.

The new people will definitely made so much losses in this field but the previous experience the people had lot of money and experience in this field so they can definitely say Bitcoin is an extraordinary way of money earning also supporting that.

[mklost]

You are talking like, "The world can end within a month too. If you go outside from home then you could die by a car accident so don't go outside from home!"

Anything can happen in crypto but true believers never think about the Bitcoin price crash to 0$ tomorrow! And, there are no such investors who will only sell BTC if it reaches at 1M or 100K USD! Holders are waiting for a good price to not sell everything they have, rather they will sell and again will hold. As no one knows what will happen in future and as we already lost more than 80% money for the bear market, so right now, everyone's minds are set and it will not be lost anymore.

[audaciousbeing]

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.

If that is the way you see things, then who are we to change you way of thought? You made some valid point that majority are moved by how much they can gain in the market which is a motivating factor but at the same time, others have come to achieve other objective in the process of that which includes but not limited to having wide knowledge of things, ability to apply such to their personal endeavors, meeting new people spread across the world etc.

[bellamente]

I think many will start selling it in the next bear market. If Bitcoin reaches $ 50, 000 and starts falling sharply, then many investors will sell their coins.

[robelneo]

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.

You have a point invest at your own risk now, but I highly doubt it could go down to zero, the technology is now embraced and adopted Bitcoin could be replaced but never going to zero and about investment it is very important to sell on profit, don't wait to long the market always go up and down, you can always buy on a dip.