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shield132
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January 06, 2019, 10:20:07 PM |
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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.
Yeah, bitcoin wasn't made for investment but nowadays it's used for that reason and the fact that it's decentralized coin makes it to be number one. But we have other alternatives too, for example take monero, this is great coin if we want highest anonymity level, there are stable altcoins backed by usd, there is ether which has a lot of functions too. What I want to say is that bitcoin and altcoins have great functions, especially bitcoin has one major big plus, it's decentralized compared to others but people don't care about it, they even choose ripple and as you see it's number two on coinmarketcap. If you check price weekly, you'll end up crazy instead of waiting for win. |
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geyayy
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January 06, 2019, 10:28:50 PM |
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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's only the case then bitcoin should be gone a long time ago but that's only one benefits of bitcoin: to be used as asset. There are still many people who use bitcoin as a currency and as remiitance service. As you can see, price is a bit volatile but also we can assume that there is stability because of these reasons. |
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miropp
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January 06, 2019, 11:04:09 PM |
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Of course, many people keep cryptocurrencies for profit and therefore they will sell crypto after it grows. When it reaches a good price it is better to sell the part and leave the rest in case it can rise very high. Because we really can't know what's going to happen to crypto tomorrow.
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Janation
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January 06, 2019, 11:25:00 PM |
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Of course, many people keep cryptocurrencies for profit and therefore they will sell crypto after it grows. When it reaches a good price it is better to sell the part and leave the rest in case it can rise very high. Because we really can't know what's going to happen to crypto tomorrow.
Though I know for sure they will be regretting that. 2018 has been a hard year for us Bitcoin and cryptocurrency investors as the price of them mostly dropped last year, it is painful, it is hard but it is also so contenting to watch since I can put another part of my money unto investment as I am waiting for the price to dump. Now, Bitcoin's price is surprisingly stable and slowly, it is increasing leaving the $3000 price mark behind. |
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rodel caling
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January 06, 2019, 11:27:55 PM |
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The only reason why people buy bitcoin, is to make money.
It's wrong. The correct statement must be, One of the reasons why people buy bitcoin, is to make money. yeah definitely i agree the only one important things in this world are money to survive the daily life and to face the future of our life, bitcoin is giving opportunity those people how to earn money by learning and get knowledge all about the benefits came from the new ear of technology bitcoin. |
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jerrison
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January 06, 2019, 11:32:35 PM |
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it is normal that people who are still newbies or infants in the buiness will always panic when it comes to issues or cases like a plummet in price of the crypto currencies but then it is not to hurriedly make sales but to conside looking out for the green light and the days when the market will have another bul run.
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aliceHortrex
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January 06, 2019, 11:38:25 PM |
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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 think that people buy bitcoin not only for the sake of earnings. Many people use bitcoin because it is the most anonymous way to conduct a transaction online without the intervention of a third party. Bitcoin is also very attractive for its independence and decentralization. |
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Nanda Dewi277
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January 07, 2019, 12:44:16 AM |
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it is normal that people who are still newbies or infants in the buiness will always panic when it comes to issues or cases like a plummet in price of the crypto currencies but then it is not to hurriedly make sales but to conside looking out for the green light and the days when the market will have another bul run.
It must be noted the price movements in business in Cryptocurrencies. do not let you take the wrong decision, think about the steps that will be taken in detail. Essentially in the Cryptocurrencies business, you have to start investing when cheap prices and sell when prices rise so you will get a profit. |
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deisik
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Activity: 3444
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English ⬄ Russian Translation Services
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January 07, 2019, 12:57:34 AM |
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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 $20,000 each, practically none
Everything is not just black and white. There are also 50 shades of gray. Really, you could buy 100 bitcoins at 100$, then sell now and then, buying back on corrections. Indeed, it is unlikely that anyone who had bought at such a low price envisaged it to rise so high in 5-6 years, but if you were in crypto for real, there were a lot of ways of simply earning it. Then wash, rinse, repeat. So why exactly the majority would have to lose their money and minds? Apart from losing their mind over the wealth thus accumulated, obviously |
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teejayrichard2
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Activity: 574
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January 07, 2019, 01:26:46 AM |
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i agree with what you put up here, the truth is so many persons are obssessed with bitcoin price as they just want it to go high in price overnight, thus end up checking price every hour. That could make one loose his or her mind as bitcoin price is bound to fluctuate. No one can predict what will happen, could go up or go low that is why it is adviceable to invest only amount you can loose
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Indrawan77
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January 07, 2019, 02:40:20 AM |
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Yeah a lot of people buy bitcoin because they want to invest, but there are few people are attracted to its technology and feature, some people used bitcoin for gambling because of its anonymity, and people got the sell limit so when it reach that number they will sell it, bitcoin is a risky investment, every investors must knownthis before they invest, so they don't lose their mind when the price is not as expected
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TitanGEL
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January 07, 2019, 03:54:32 AM |
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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.
Yeah, bitcoin wasn't made for investment but nowadays it's used for that reason and the fact that it's decentralized coin makes it to be number one. But we have other alternatives too, for example take monero, this is great coin if we want highest anonymity level, there are stable altcoins backed by usd, there is ether which has a lot of functions too. What I want to say is that bitcoin and altcoins have great functions, especially bitcoin has one major big plus, it's decentralized compared to others but people don't care about it, they even choose ripple and as you see it's number two on coinmarketcap. If you check price weekly, you'll end up crazy instead of waiting for win. Bitcoin is made to improve the current payment system, the people have wrong perceptions about bitcoin because they always think that it is a investment. I think it is the main reason why people have doubts in entering the market. |
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Bitbtc8
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January 07, 2019, 04:26:44 AM |
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Thanks for the advice ,as for me I have no other job than gathering bitcoin and altcoins for a better tomorrow ,your advice is so scary that could make one think other wise but I might start thinking of another job so that I won't entirely rely on cryptocurrency but the truth is cryptocurrency future looks brighter
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EdenHazard
Legendary
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Activity: 2674
Merit: 1048
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January 07, 2019, 04:31:39 AM |
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Have you ever thought of $100 in 2009 with the price of bitcoin at the time and the price of bitcoin now? Everyone will think of a huge $100 at that time, and he never thought when the price of bitcoin would exceed $1000 in 2017.
Invest it by rights don't be greedy for seeing uncertain opportunities. Use your money and you should be able to increase the money not by investing only, you can through trading or loan to increase your capital. Use opportunities, which is clear when a lot of regulations for bitcoin come in maybe it's a sign that you have to be ready to sell and buy more.
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GrayFullbuster
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January 07, 2019, 06:38:42 AM |
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Have you ever thought of $100 in 2009 with the price of bitcoin at the time and the price of bitcoin now? Everyone will think of a huge $100 at that time, and he never thought when the price of bitcoin would exceed $1000 in 2017.
Invest it by rights don't be greedy for seeing uncertain opportunities. Use your money and you should be able to increase the money not by investing only, you can through trading or loan to increase your capital. Use opportunities, which is clear when a lot of regulations for bitcoin come in maybe it's a sign that you have to be ready to sell and buy more.
We have a lot of opportunities that we can get in this market, we should not be greedy because for sure we can experience losses. It is now proven that price of bitcoin is increasing every year. We should see it that there is a progress where we can have many opportunities. |
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MI6
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January 07, 2019, 08:29:02 AM |
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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.
Someone who always check market for their investment only think that bitcoin can give them big profit in short time, but never think risk about it. but real investor is what you said in last paragraph, only check their investment once in a week / month. |
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avikz
Legendary
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Activity: 3080
Merit: 1499
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January 07, 2019, 08:39:05 AM |
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Any particular reason for your ranting?? I believe you belong to that mass who had entered into bitcoin market during late 2017. Otherwise, I don't see any other reason for your ranting. Are you neck deep in debt just because of bitcoin. If yes, start a crowd funding activity and people will help you to get out of that. Why waste unnecessary energy in rating??
We really don't know where bitcoin will be heading in future, all we can do is speculate! Every speculation has two sides of it and you are surely standing on the opposite side compared to me! Just keep calm and believe in blockchain. This tech is going to change the world for better!
Also just remember a golden rule for investing into unorganized sector that, never invest anything which you cant afford to loose! You don't seem to be following that!
Hi there, I entered when bitcoin was around $600 a few years ago and lost a shit ton of money. Became obsessed with cryptocurrencies in general which spiraled into a dark depression. I'm guessing you mean "lose" and not "loose"? anyway, I can't afford to lose anything, that's why i'm always questioning the space. FYI I follow the beat of my own drum. "Just keep calm and believe in blockchain. This tech is going to change the world for better!" Quick question, can you explain to me how it is going to change the world for the better? If you have entered $600 price point, I don't understand how you are loosing money! You should stay in profit instead, a huge profit! Did you lose money because of day trading? Then how you can blame the crypto space for that? If you follow the beat of your own drum, the winning is yours as well as the losses! Even I lost money from day trading and I don't blame anyone for that because that was my decision knowing the risk factors! To your second point, I can write a nice and long article if my time permits. But for now, understand two things that can be implemented through blockchain, 1. Integrity 2. Transparency These two things can change the world for better and blockchain is one tech that can implement these two things strictly and correctly for mass usage! |
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jossiel
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January 07, 2019, 10:56:22 AM |
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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.
Very wrong assessment. Do you think that most and even the early buyers think of that "sick" gains before? I'll admit that I'm totally ignorant before and the volatility wasn't on my mind when I first heard and tried out bitcoin. I feel like I'm very cool to have it before and the tech behind it really looked cool when you're sending some money to someone anywhere on Earth without bank interaction. 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.
I'll sell even it crosses to $20,000. 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.
Very skeptic about bitcoin huh, we will see on how long we have to wait before it crashes to zero.  |
Signature for rent
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benres
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January 07, 2019, 11:06:08 AM |
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I guess your opinion is too much negativity, indeed many have been holding on to their bitcoin because they have been hyped when it reached the 20 K high. Many have big profit but many because of sentiment they continue in hodling until now. Fundamentals and profitability is still with bitcoin and only those who bought at the all time high loose because of lack of knowledge. Hopefully soon when regulation is approved then we will see more smart investors to bitcoin whether they are institutions or private investors like us who in any way profited in the last bull run.
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Halmater
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January 07, 2019, 11:51:11 AM |
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Buying some crypto doesn't make you an equity or a stock trader. You don't need to stay online and stare price list for 24-7. If you have some free time and enjoy to gain info about how market goes on, you may spend an hour or less on the net. Anybody addicted or obsedded to something else will experience depression, not gain a profit.
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