bitcoin goes down, no new rich people anymore

[Golftech]

Cryptocurrency trading is working pretty much same way as stock market

There is FUD and FOMO.
FUD is used against newbies and small players like this:

Btc price goes 10 k.  We Will read about GOOD news and big FOMO... Then suddenly it Will drop to 7000 usd. 

You need to be more careful in reacting to this kind of situations,  FUD and FOMO which really the changing factors that lead investors to lose money is very active inside this market. To those who really loves playing with volatility and willing to take the risk there's always a good chance to earned, new investors are everywhere observing and studying to make sure the timing is correct when placing investment.

[onyek16M]

its not depend on bitcoin price, as long as you can take the advantage from crypto, like trading, investing, or maybe mining, you can be rich. what you need is hardwork.
i think, what you mean is no new rich people instantly.

If you have the skills you can make money with trading and that means you need to invest in the market, mining is a heavy investment thing and it is not that easy to invest in mining unless you have the resources and the space and you need to invest a huge amount of money if you are planning to invest in mining bitcoin and you cannot expect to get rich instantly with any market.

Mining is no doubt the dream job of crypto holders because it brings the most benefits but to accomplish this, a person needs to either have a quantum computer or a great mine of electronic devices that actually do this job. First these tools need to be bough, then configured and a cooling environment needs to be set up too to keep them calm, which eventually gives huge electricity bills.

but for now mining is also difficult not easy like 2017. when 2017 miner get big profit with easy together with bitcoin increase high price. i don't know why mining is also difficult its just said by my friend, he is a miner. based that i think all about crypto like trading, mining, giveaway and espessially investment can't became someone rich for now

[Polo7]

2019 If no new investors with new Capital then btc and all crypto market Will fall down.


Now the Only Reason what can save btc is reason Why People should need own bitcoins!
If no reason then no investors!  If no investors... Then the crypto will not go up !!

[hahay]

Well, this is a normal cycle, rising and falling prices will not affect them to become rich, because when someone or anyone who is good at trading, then at least they will make a good profit. Make a mindset that makes more sense, because people who get rich will surely start from the bottom with great effort he did.

[onrise]

We should not be worried about the price. Price can up or down as it is the rules of crypto currency. We should wait for pump the price. Don't be panic at the time of falling price.

Some basic things is that bitcoin if seen historically it will rise and fall . But those who think after fall it will not tie re ones who stay away from making money as during fall if purchased you can buy more Nd on rise sell it and make money.

[BitcoinTurk]

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

One should not think unilaterally when any investment instrument in the markets loses value. This is also true when the Bitcoin price drops, because with this price drop, someone loses money and someone else makes money. In other words, amateur investors become poorer and professional investors get rich with market decreases. Someone has to lose money so somebody else can get rich. This is the whole thing. So I want to stress again that there are people who can get rich even in market decreases. Therefore, each price decline should not be considered unilaterally.

[sukmo]

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

This has been a natural law because we know that Bitcoin is a cryptocurrency that costs very volatile.
But we as investors should be able to understand the situation, hopefully there are changes in the future.

[Silberman]

We should not be worried about the price. Price can up or down as it is the rules of crypto currency. We should wait for pump the price. Don't be panic at the time of falling price.

This is way easier said than done, if you have not invested a single dollar in this market then I agree with you it will be very easy to see the price going up and going down and not being worried about it, but if you are like many people here in this forum and you have invested a significant amount of money and time in order to acquire your bitcoin then you are going to be worried when the price goes up and goes down in a significant way because no human being alive wants to lose money.

[kodtycoon]

We should not be worried about the price. Price can up or down as it is the rules of crypto currency. We should wait for pump the price. Don't be panic at the time of falling price.

This is way easier said than done, if you have not invested a single dollar in this market then I agree with you it will be very easy to see the price going up and going down and not being worried about it, but if you are like many people here in this forum and you have invested a significant amount of money and time in order to acquire your bitcoin then you are going to be worried when the price goes up and goes down in a significant way because no human being alive wants to lose money.

yes, it is an emotion that is common and will definitely happen when prices tend to decrease and when we have no control over the panic that happen then of course it will make you suffer more. so, keep trying harder to secure your investment in the crypto market, because when we have enough knowledge and experience, at least it will make us calmer and make our investment a good profit even though in reality we are still difficult to be rich

[alrose]

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

Most likely Your laughter is premature.Because the current price does not mean that it will always stay at this level.Specifically, bitcoin, of course, in my opinion, will cost a lot more than now.When it will cost 50 000$ then most likely You will not laugh.

[STT]

This whole premise is incorrect, thats not how good business actually works.   Its not the absolute margin or price levied but the efficiency available that enriches all in an economy regardless of their previous stature.
   The simple idea people hold onto is to buy BTC like a lottery ticket and when it hits $50,000 then you are rich but its never really going to work out like that, not for the body of people of involved with BTC.  Its actually the benefit from the secure transactions which causes wealth to accumulate, the seller benefits and the buyer also with a net gain of the trade facilitated especially where it might not otherwise occur.  When we are talking digital trade across the world its quite easily the case many types of trade might not occur or be discouraged, if BTC allows more business to occur then you have an ongoing benefit that is not reliant on price but convenience and utility.
   Revenue not an absolute profit is how often big business accumulates, so BTC as an economy is that revenue more then the price imo

[radjie]

We should not be worried about the price. Price can up or down as it is the rules of crypto currency. We should wait for pump the price. Don't be panic at the time of falling price.

This is way easier said than done, if you have not invested a single dollar in this market then I agree with you it will be very easy to see the price going up and going down and not being worried about it, but if you are like many people here in this forum and you have invested a significant amount of money and time in order to acquire your bitcoin then you are going to be worried when the price goes up and goes down in a significant way because no human being alive wants to lose money.

yes, of course, most people will worry if they have put a lot of money into bitcoin and see the price movements increasingly decline. This is indeed the usual behavior of many people who feel afraid to lose the money that has been invested, but do not let the falling market prices panic can come up to us, of course it can have a negative impact on the investments we make

[ADDONE]

We should not be worried about the price. Price can up or down as it is the rules of crypto currency. We should wait for pump the price. Don't be panic at the time of falling price.

This is way easier said than done, if you have not invested a single dollar in this market then I agree with you it will be very easy to see the price going up and going down and not being worried about it, but if you are like many people here in this forum and you have invested a significant amount of money and time in order to acquire your bitcoin then you are going to be worried when the price goes up and goes down in a significant way because no human being alive wants to lose money.

A true gambler gets more of a dopamine rush from losing than winning. Every downward move is an opportunity to buy in cheaper. Don’t ever drop full fiat stack. Fiat stack for investment is equally as important as btc stack. Forced liquidation is how people lose money.

[Magkirap]

We should not be worried about the price. Price can up or down as it is the rules of crypto currency. We should wait for pump the price. Don't be panic at the time of falling price.

This is way easier said than done, if you have not invested a single dollar in this market then I agree with you it will be very easy to see the price going up and going down and not being worried about it, but if you are like many people here in this forum and you have invested a significant amount of money and time in order to acquire your bitcoin then you are going to be worried when the price goes up and goes down in a significant way because no human being alive wants to lose money.

Yes absolutely, this is just exactly what i have experienced in my first time investing some money in bitcoin, i really am scared of what might happen and i really felt the feeling of "what if btc price crashes?" and i can say that it is not easy but as time goes by i get familiar with bitcoin's price movement and i am not that scared and worried about the price anymore because i know it will soon pumped up and will give me good amount of profit.

[Silberman]

We should not be worried about the price. Price can up or down as it is the rules of crypto currency. We should wait for pump the price. Don't be panic at the time of falling price.

This is way easier said than done, if you have not invested a single dollar in this market then I agree with you it will be very easy to see the price going up and going down and not being worried about it, but if you are like many people here in this forum and you have invested a significant amount of money and time in order to acquire your bitcoin then you are going to be worried when the price goes up and goes down in a significant way because no human being alive wants to lose money.

Yes absolutely, this is just exactly what i have experienced in my first time investing some money in bitcoin, i really am scared of what might happen and i really felt the feeling of "what if btc price crashes?" and i can say that it is not easy but as time goes by i get familiar with bitcoin's price movement and i am not that scared and worried about the price anymore because i know it will soon pumped up and will give me good amount of profit.

The most important thing is to control our emotions, it is very easy to become very worried about the way bitcoin moves because it is very volatile but eventually you are going to get used to it and you will accept those movements as part of what it means to be invested in bitcoin, just remember your goal and what you are trying to achieve with bitcoin and any desire to sell your coins prematurely will leave you, but I cannot deny that from time to time it gets really difficult to hold your bitcoin.

[GideonGono]

We should not be worried about the price. Price can up or down as it is the rules of crypto currency. We should wait for pump the price. Don't be panic at the time of falling price.

This is way easier said than done, if you have not invested a single dollar in this market then I agree with you it will be very easy to see the price going up and going down and not being worried about it, but if you are like many people here in this forum and you have invested a significant amount of money and time in order to acquire your bitcoin then you are going to be worried when the price goes up and goes down in a significant way because no human being alive wants to lose money.

yes, of course, most people will worry if they have put a lot of money into bitcoin and see the price movements increasingly decline. This is indeed the usual behavior of many people who feel afraid to lose the money that has been invested, but do not let the falling market prices panic can come up to us, of course it can have a negative impact on the investments we make

Before they invest in crypto, they need to known about the bitcoin because it not was easy to died. There are a lot of possibilities in bitcoin and because the price was getting dump and pump, the investor can get losses but also a lot of people get profit when they do HODL.

[Duzter]

We should not be worried about the price. Price can up or down as it is the rules of crypto currency. We should wait for pump the price. Don't be panic at the time of falling price.

This is way easier said than done, if you have not invested a single dollar in this market then I agree with you it will be very easy to see the price going up and going down and not being worried about it, but if you are like many people here in this forum and you have invested a significant amount of money and time in order to acquire your bitcoin then you are going to be worried when the price goes up and goes down in a significant way because no human being alive wants to lose money.

yes, of course, most people will worry if they have put a lot of money into bitcoin and see the price movements increasingly decline. This is indeed the usual behavior of many people who feel afraid to lose the money that has been invested, but do not let the falling market prices panic can come up to us, of course it can have a negative impact on the investments we make

Till date users who have risked their hard earnings have succeeded out of the risk making a huge income. When one decides to go invest on cryptocurrencies should not get into temptation or invest fast. Need to take time analyzing, and when we analyse with full concentration it is an easy task to predict which is good for the moment. When one does in such a way and if luck accompanies profiting happens with ease.

[KnightElite]

We should not be worried about the price. Price can up or down as it is the rules of crypto currency. We should wait for pump the price. Don't be panic at the time of falling price.

This is way easier said than done, if you have not invested a single dollar in this market then I agree with you it will be very easy to see the price going up and going down and not being worried about it, but if you are like many people here in this forum and you have invested a significant amount of money and time in order to acquire your bitcoin then you are going to be worried when the price goes up and goes down in a significant way because no human being alive wants to lose money.

yes, of course, most people will worry if they have put a lot of money into bitcoin and see the price movements increasingly decline. This is indeed the usual behavior of many people who feel afraid to lose the money that has been invested, but do not let the falling market prices panic can come up to us, of course it can have a negative impact on the investments we make

Till date users who have risked their hard earnings have succeeded out of the risk making a huge income. When one decides to go invest on cryptocurrencies should not get into temptation or invest fast. Need to take time analyzing, and when we analyse with full concentration it is an easy task to predict which is good for the moment. When one does in such a way and if luck accompanies profiting happens with ease.

The higher the risks, the higher the returns and also the harder the analyzation and studying. You cannot invest on something that you do not fully understand. You need to allocate your time in researching first before you out something. People are losing money in making investment with bitcoins because they do not consider the risks.

[lienfaye]

The higher the risks, the higher the returns and also the harder the analyzation and studying. You cannot invest on something that you do not fully understand. You need to allocate your time in researching first before you out something. People are losing money in making investment with bitcoins because they do not consider the risks.

Entering in investment without proper knowledge is a common mistake of investors because their only concern is to earn money. So if something unexpected happen (like the fall of btc after bull run) with their investment they will tend to blame anyone or the ones who introduce it to them due to losses. Knowledge and also patience are important factor in crypto investment, bearish trend doesnt mean the coins you hold dont have chance to recover anymore. It depends on your capability to wait for bull run because it can take months or years.

[Triffin]

We should not be worried about the price. Price can up or down as it is the rules of crypto currency. We should wait for pump the price. Don't be panic at the time of falling price.

This is way easier said than done, if you have not invested a single dollar in this market then I agree with you it will be very easy to see the price going up and going down and not being worried about it, but if you are like many people here in this forum and you have invested a significant amount of money and time in order to acquire your bitcoin then you are going to be worried when the price goes up and goes down in a significant way because no human being alive wants to lose money.

yes, of course, most people will worry if they have put a lot of money into bitcoin and see the price movements increasingly decline. This is indeed the usual behavior of many people who feel afraid to lose the money that has been invested, but do not let the falling market prices panic can come up to us, of course it can have a negative impact on the investments we make

Till date users who have risked their hard earnings have succeeded out of the risk making a huge income. When one decides to go invest on cryptocurrencies should not get into temptation or invest fast. Need to take time analyzing, and when we analyse with full concentration it is an easy task to predict which is good for the moment. When one does in such a way and if luck accompanies profiting happens with ease.

No doubt investing in crypto is not an easy task infect its hard if you are new and you will have to make so much research and before investing must find good coin and good site. We will have to make sure that our investment don’t get lose by analysing the market before spending and never be in hurry to get profit good time takes time to come.