bitcoin goes down, no new rich people anymore

[Wonder_woman]

because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa

I don't believe it, because even market is falling down, still  we keep on fighting because we have still a chance to earn money here. And there are lots of people still here because they found out there's a lot of opportunities here to have income and profit. Still this is my life to have income and savings for the coming price increase everyone is benefiting the good future of bitcoin. So still l saw rich people here in bitcoin world.

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[Pamadar]

because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa

I don't believe it, because even market is falling down, still  we keep on fighting because we have still a chance to earn money here. And there are lots of people still here because they found out there's a lot of opportunities here to have income and profit. Still this is my life to have income and savings for the coming price increase everyone is benefiting the good future of bitcoin. So still l saw rich people here in bitcoin world.

There's always a chance for people who wanted to continue its journey inside this market. It's no longer that easy, like what happened last 2017 where when you are lucky, you'll be able to be rich in one blast as many alts aside from bitcoin really pumped that hard. Right now, you have to work hard if you still wanted to earn out from this industry.

Not an easy passage to richness, but still can be a good venue to invest your money and succeed  with decent benefits.

[Juliedarwin]

      That's not an issue..well bitcoin suddenly down, but most of the time, bitcoin would really want to up or to increase and I know it.
      Some part of it, its not an easy to push your self to become a rich, there's a chance to have it when your really work hard to get this.

[TIDOVEE]

Should it be because of the rich people that are investing increasingly in Bitcoin? Well, it may be part, but your chat has revealed there is a constraint that needs to be overcome. Everyone still have good chances of making it out of the status quo, but not out of greed. With little patience and good sensitivity to the market.

[asus09]

Rich person have stop for a while because bitcoin still down and there are no show off from bitcoin earning, but keep hold your bitcoin because just few month later bitcoin back to higher and fantastic price, don't worry you will get much profit if keep patient for holding your bitcoin assets waiting for raise up above $15K.

[Ailmand]

because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa

It is an opportunity to buy at lesser price. If you have been to crypto for a few years now or even before the bull market, then welcome to the real crypto market cycle. If you think that crypto is just about the increase in the market price, than crypto is not for you.

[DBronze98]

because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa

Yes, but it is not entirely true. In my country, some people made a lot of money at trade or bounty in 2017, they withdrew money to buy land and didn't hold coins anymore. most of the people around me are because they believe that a market based on manipulation will have a bad ending.

[ice098]

i think people don't lose hope but indeed for situations like this we are required to be patient, if we value the process, it will definitely be calmer in dealing with all conditions. not an easy one but we can get adapt to it from now on

Yes indeed ! We may be sad or sometimes we lose hope but we stand again and waiting for the bitcoin to rise again. Many people become rich because of bitcoin, therofore they are already prepared when somethings happen, when bitcoin goes down again. It is normal and we must endure that

[styca]

because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa

I don't know why anyone would start a thread specifically to laugh at other people. Perhaps you yourself invested at a bad time and want to take out your frustrations on other people?
I feel sorry for those who invested in good projects but at a bad time, but I think they should be confident that their coins will recover and they will see profit. People who bought Bitcoin at $20k, people who bought Ethereum at over $1k... these are very solid projects with a huge future, there is no need to panic if you are holding for the long-term.

[Murat]

Don't worry, rich people will remain rich and poor also will remain poor, and this is the nature of the economic system. But when the price is low then don't you think that the rich in this platform is sitting idle, they are waiting for this moment and they are collecting Bitcoin at a low rate and when the market jump out then they will sell at a high price, this is one of the simple tricks for rich people. it's not a surprising matter for me when I see the price of Bitcoin is going down, Volatility is becoming the nature of the cryptocurrency platform so it's getting a common scene that people are losing and gaining within a very short time. So don't laugh at when people in danger, Who knows when this turn on you...?

[Colt81]

In my own point of view, if bitcoin started to goes down it doesn't mean that there will be no new rich people because not everyone become rich are just from investing in bitcoin and crypto. But it's true that a lot of people become rich because of bitcoin, even i solved my financial problems with the help of bitcoin that i don't have any problems in paying all of my bills today thanks to it.

[Faxmate]

In my own point of view, if bitcoin started to goes down it doesn't mean that there will be no new rich people because not everyone become rich are just from investing in bitcoin and crypto. But it's true that a lot of people become rich because of bitcoin, even i solved my financial problems with the help of bitcoin that i don't have any problems in paying all of my bills today thanks to it.

Indeed, that is true. Bitcoin has given world new millionaire and only this crypto currency was capable of achieving this. If bitcoin is anything, it is nothing other than financial improvement and huge gains within a small period of time. For this e people who think that it is done and cannot grow, they should do some research before making such predictions or else just sit behind and watch it progressing.

[Xxmodded]

When bitcoin go down no rich people anymore but many poor people with investment money in bitcoin, for me its not have to worried with bitcoin still lower price because bitcoin can back to higher price again just few months later, you can use maximum chance with bitcoin on lower price to start investing again with bitcoin.

[Sithara007]

People needs to realize that Bitcoin is not some magic potion which will create tens of thousands of new billionaires every year. Every asset has the potential to make people filthy rich, in case they invest in the beginning. The best example is that of the dot com boom. Those who invested in the beginning (1994/95) in stocks such as DELL and YAHOO saw their investments grow by 100x or in some cases even 1,000x. But those who invested in the end (1999/2000) lost almost all of their investment and ended up as bankrupt.

In case of Bitcoin it is very difficult to predict whether the peak prices have been already achieved or they are yet to come. But I would say one thing. We can no longer expect 100x or 200x spike in the prices, like what we had in 2013. Bitcoin has already grown to more than $100 billion in market cap, and any future spikes will be milder when compared to the previous ones.

[ivakar]

sad, but true!
And those were the times, when half of youtube channels were filled with clips, where young man bought for yourself new lambo, remember?  where are those lambos now?  and those rich young people? rhetoric questions..  funny thing is, that when comes this so called bad times, there would be persons, who will make huge money on such low market.
and they would become a rich people

[robelneo]

because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa

If you are a longtime investor in Cryptocurrency, you'll know that the market is volatile and it goes up and goes down, not because Bitcoin is going down, it doesn't mean that people are going to be poor, and not because Bitcoin is going up and people are going to get rich, it's not always the end of the game everytime Bitcoin goes up and down, market is volatile every situation presents new opportunities.

[jmigdlc99]

sad, but true!
And those were the times, when half of youtube channels were filled with clips, where young man bought for yourself new lambo, remember?  where are those lambos now?  and those rich young people? rhetoric questions..  funny thing is, that when comes this so called bad times, there would be persons, who will make huge money on such low market.
and they would become a rich people

Well you could say they stopped giving a f and simply retired to deserted island filled with babes and booze.

But i doubt if those videos with Lambos were real. They were just probably rented lambos just for the sake of youtube views. It's hard to imagine how someone wise enough to invest in bitcoin would suddenly go brain dead and go buying lambos for fun.

[agentx44]

because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa

Well bitcoin is not the only source of income people can have. They can still engage on businesses and get rich sooner or later. Its just that bitcoin can promote you to the highest level in the society. Though that's the case, you should never rely your earnings from crypto alone, start finding a stable job or find a business if you really want to afford luxury and everything.

[btcdie]

because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa

if we are good at analyzing bitcoin prices. bitcoin prices go down will not panic, precisely as an opportunity to invest / buy bitcoin. keep in mind, the nature of bitcoin is fluctuating, we can take a gap in trading to generate profits. bankrupt / suffer losses for people who buy at high prices and sell them at low prices .. wkkwk LOL.     Bitcoin will continue to have prices until the future 

[Genemind]

A real Bitcoin investor knows how to deal with the prices. If the price drops down, it doesn't mean that we're all losing our funds. Every market situation is an opportunity for us to take. Panicking would never help us gain a good profit. Bitcoin is volatile and we can't control it so we should know how to deal with it. No matter what the price of Bitcoin, if we know the drill with crypto, it will always be profitable. Try to stop spreading negativity but rather encourage users here to have patience.