majority will lose money and minds

[LogitechMouse]

Let me guess, you are one of the investors who bought Bitcoin at its highest price and now you are sharing some of your negative opinions here .

To be honest, I believe in your opinion and for sure people who bought Bitcoin last December 2018 when it's price is at $3200 will sell it when it reaches $50,000. Who will be stupid enough to hold when they know that they can get profit in selling. I think mass adoption of cryptocurrency will make the price stable.

[budiarmed]

I think it depends on our own point of view, and when you think in a negative way then you will see it as a risk, but if you think positively you will be able to benefit, and that depends on your strategy in using opportunities in crypto.

[bering]

I admitted one of my reason why bought bitcoin is to make money but i do accept the risk behind it and even in the real life our journey to earn money or to increase our standard of life also will not always be smooth moreover to in the bitcoin world that when we will always be facing unpredictable situations but although people says negativity but i won't lost my faith to bitcoin that someday bitcoin can do more

[joshy23]

Fact remains the same, never to invest money that you can't afford to lose, why to think that way if you can be positive and stay calm, yes possibilities are always there, you just need to make a stand, investment is for the future success knowing your limitations and handling it in a proper manner will bring huge gains not only with your money but also with your confidence trusting your assessment controlling your emotions.

[izanagi narukami]

Let's we talked about history, you can see many people experience profit on Nov 2017 ( include me )
That encourage more people to invest and let me remind you that crypto trading is risky activity, yes you can earn more profit but at the same time, you can experience major loss.

Are you dare to accept the challenge or just stay warm in your house ?

[Ridwan Fauzi]

If you have done it, I really appreciate that because you told someone else to buy bitcoin because you have bought bitcoin, but when you advise other people to buy bitcoin, but you never buy it, it doesn't make sense.

Everyone will compare bitcoin with the other investment places, every person wants to get profit when spend money for investing, he always thinks about when he wants to buy bitcoin. While bitcoin has not been able to provide profit for its investors, especially for investors who have bought bitcoin at ATH in 2017. Most of them are just waiting for the price to recover before buying it again, not to mention the last year the price of bitcoin continues to decline and this will give the different image to investors.

[pundit]

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.

There should be a proper planning with every investment, if somebody bought BTC at $100 then there should be partial profit booking at some point and let the other running with trailing SL, in this way investor would never lose once market goes into his favor. Greed and fear are two enemies in any financial market and one needs to learn to control both these factors.

[kissme09]

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.

People are always attracted to money, and when Bitcoin reaches the highest value, it has drawn the entire world to look at it. And many people have wanted to own it and have invested in it despite the risks they might encounter. People are always stupid to seek their profits and still get caught in the hunters' traps.

[coolcoinz]

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.

Sure, you could have blown or lost it all, but if we are talking about people who were here at $10 and are still here we can assume they were and are still interested in this technology/investment. This means they probably still own some coins, and if they don't they are waiting for the bottom to buy more. There's really no point in sitting on a forum about something for 8 years and not getting involved. Like when you are participating in discussions about cars for 8 years straight, chances that you own a car already are pretty high, don't you think? Even if they waited for 5 years to buy they have to be doing pretty good for themselves. I bought in 2015 and you won't hear any complaints from me, even if this bear market drags on for another year.

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!

To me "IS" means complete confidence. I'm not saying it because I want to make you invest, but I'm so sure of it that I'm willing to put my own money at stake. As for selling, the answer is never. I never sell, I exchange it for goods. I don't want fiat and I will hold until I find the need to spend my coins. Even if it went to $50k today I wouldn't sell. I'd take it as a sign of people finally beginning to see the value in it. Think of the market cap. Apple has recently lost value comparable to the total value of Bitcoin and is still worth 6 times more, and this is comparing a single company to a decentralized, unconfistatable private money. I don't care about a temporary ATH and trading sucks IMO due to exchange fees. You can see your investment gain 5%, sell and not earn a penny.

[SistaFista]

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.

Do you think bitcoin will be crashed to $0 ?  I don't think so. As long there are many peoples using bitcoin, it won't go to zero.
Of course there are some peoples who want to get rich quick by buying bitcoin and holding, but not all.
There are many peoples using bitcoin as payment, have you see the dark world that selling things in bitcoin?

[bitcoinsc]

i think investing in bitcoin . u missed the opportunity. do i think bitcoin will become 300,000$ likely no. i think investing in altcoin u have a better chance of becoming rich. sometimes alt coins drop so much though. still a risky investment. imagine invest 5k and it dips 60%. just takes patients for investing. stocks take 5-10 years. crypto holders are greedy and want gains quickly. hodl for 5 years.

[killat]

I agree that most people lose money in cryto as they panic sell at every market dip.

You can lose your minds and suffer from depression only if you invest more than you can afford to lose.

[ethereumhunter]

I think there is the investor who bought 100 btc for $100 even lower and sold them at $20k, but I don't if they sold all in or just some. Maybe it's for the early adopters of bitcoin who still have held the larger amount of bitcoin, and they still want to hold for a long time.

I will sell when the price is at $50k and wait for another down price because I am sure after bitcoin reached the highest price, it will get down, and that is my chance to buy as much bitcoin I can.

Some people do that strategy, and they check the price for a weekly, monthly or a few months later because not all people can hold for a very long time.

[mutrang23]

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.

Most investors are at a loss when investing in Cryptocurrency but this is under its rules. If there are no losers, we cannot get profit so you should accept this natural law.
Bitcoin can achieve a price of $ 50,000 is possible, but it takes many years to make this price because Bitcoin's growth rate is prolonged.

[NeuroticFish]

Businesses related to crypto, you mean scammers right lol

Indeed, you are either from a different planet, either trolling. FACT. (sic!)

But the MAJORITY of bitcoiners are in it for the money and theres nothing wrong with that what so ever. Just quit the bitcoin snobbery.

I guess you failed to understand my point. I didn't say that we are not here for the money. I would be a liar if I'd say so. I said that the money in here doesn't come only from investing, so there are plenty of cases the amount the thicker shows doesn't matter that much.

However, believe what you want.

[H1N1]

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.

No, there are peoples who using bitcoin as a currency, not just to make some money.
If you know about dark web, most peoples are transacting with using bitcoin as their currency there.
Although there are speculators in bitcoin users who wants to make quick money, other kind of peoples are exist too.

[bolbau]

making money in bitcoin is just one of the reason, but not everyone has such a tendency from the start. maybe you are late joining this industry, I have felt when around 2013-2014, bitcoin is still worth hundreds of dollars, I use it for payment tools to buy digital products, like original games on multiple platforms. I chose bitcoin at the time because it was the only easiest option, when paypal and local banks in my country did not support that.

[ethereumhunter]

We are here to make money but your statement is not all true.  My brother in law started mining bitcoin with a USB miner in 2009 and he was left with only10 BTC when it was $19,000.  He sold everything and bought back the dip.  When he started mining with the USB miner, he could easily get 1-2 BTC per day.  He spent most of the BTC on unnecessary stuff but the good thing is that he kept some for the future.

So, there are still people who actually made that sick gains and don't worry.  BTC will not go to ZERO.

I am sure your brother in law was a lucky person, he can get 10 btc from mining and sold everything. I am sure that now he has a lot of money to prepare his future. I agree that majority will lose money and minds because they cannot learn from the situations in the market, they don't sell when the price is at the highest price, they don't buy when it's back to the dip and only watch the price goes up and down. And if you don't want to become that person, you need to prepare to buy bitcoin at the lower price, hold it for a while and sell when you think you are making a profit.

[Rebisco]

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.

There are many people ranting about the price of the bitcoin. They keep panicking and that's why they keep losingm Self control has important function in every trader,  we can easily control our emotions if we have good self control.

[Malam90]

The person who bought Bitcoin in the last part of 2017 are in losses but most of the buyers are in profits yet who have bought Bitcoin before mid of 2017. People invest only for making profits, this is not bad at all. Nobody knows when this losers will see the light of profits untill if they hold.