John McAfee Says “Bitcoin under $9,500. If you are panicking, you are a fool”

[hardcores]

yes they will only feel loss if the traders can not maintain their patience, if you are stuck in bitcoin when prices are expensive and you sell it then you will lose, you better wait until the price of bitcoin goes back up because the movement of bitcoin prices will go up and down and you must be able to take advantage of that moment to be able to get many benefits.

[Herry Toms]

John MacAfee says a lot of things but that doesn't mean he is true or his point is valid. I consider him as a funny guy who tries to get attention on twitter. Buying BTC is good below 9500 but don't buy it because he said. If you have a plan to buy it at 9500 then you have to execute your plan instead of paying attention to john.

[yoseph]

For once I agree with him, I really don't see any reason why people should be panicking after a slight dip in the value of what is one of the best investment commodities on the planet, just like every investment,  there are ups and lows and this is a slight low and no need for major panicking, Bitcoin has made a comeback from much more than this.

[Bitcoin Seller]

The history is proof of itself.

With a lot of declines or dumps in the past, investors of the said cryptocurrency are still getting good profits until now. Despite the dumps happening, the price can quickly increase, that is how volatile it is. If you will be selling early then you would not get profits you deserve.

I have looked through the previous prognoses for this year, and I found out that no one of them worked. It is never possible to understand if Bitcoin goes up or falls, but in case, you are going to hold it for a long time, then panic is nonsense here. Bitcoin will be a gainer finally, but several years might be needed to launch this Moonrise race: simply be more patient waiting for the event.

[taratorly]

Well!! Recently, popular crypto face john McAfee tweeted about bitcoin. He Says “Bitcoin under $9,500. If you are panicking, you are a fool” 

Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/

What's your take john mcafee's view?

He is talking too much already. Don't take him serious. He is biggest fool on the earth. I don't think he knows anything. He is making his shoot. If you buy it...

[kennen1113]

Well!! Recently, popular crypto face john McAfee tweeted about bitcoin. He Says “Bitcoin under $9,500. If you are panicking, you are a fool” 

Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/

What's your take john mcafee's view?

I agree! We should not panic with the recent downtrend. As bitcoin believers, we must remain calm and believe that one day we will see a great bull again. If we panic and make a sell order for fear of a downward trend, then we will regret it another day.

Of course, panic is not necessary when the value of bitcoin is showing so clearly, the decline and growth are always a rhythm for bitcoin's adjustment, it needs to constantly create such waves, everyone and especially the big investors will have the opportunity to calculate and set up plans to achieve higher profits, and want to achieve high profits, pushing the value of bitcoin to the highest possible is a certainty. To be honest, I'm not too concerned about the predictions of celebrities, I only believe in what my eyes and mind see and analyze.

[Wonder_woman]

Well!! Recently, popular crypto face john McAfee tweeted about bitcoin. He Says “Bitcoin under $9,500. If you are panicking, you are a fool” 

Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/

What's your take john mcafee's view?

Yup l agree because lm hoping too for the bullrun.l beleive this end of this year will be the day of all bitcoiners. I believe in bitcoin, that will make my life change.l beleive its not only me who's desperate hoping for the price increase of bitcoin.

[buwaytress]

but using an offensive word (fool)  to butress his point is not a good idea, from such a reputable icon in the crypto space

Except that it is a good idea, worked out for him over the years. To not use it would have been to not be McAfee, the dick eating influencer who has such a chequered history it puts a lot of would-be criminals to shame.

Admittedly, calling your followers fools (as the ones panicking are his followers, aren't they?) isn't the best strategy to endear yourself to a fanbase that is getting disenchanted by the day.

[nicecrypto]

We all know who the said speaker is, but that I kept aside and will answer the subject matters. John has been here with speculatives and some we have seen taking place why others not happening, but because he does sometimes we have to hear him out and not just to blacklist him from the cryptoworld.
On a long-term I believe John, but most of the issues that lead to huge sell off are from personal issues down to that of the family. For those who can hold, there will be huge profits after the hit ATH again.

It is just simple logic we should all know that by now, whether from John or from another person, the fact remains that btc will raise even higher after the dip, we have all witnesses it fr0m 3k and raise  to  12k before the correction, it is just a matter of been able to hold for a longer period.

[Zemomtum]

The man is not speculating here but just saying the truth that if by now you are panicking because Bitcoin is under $10000, you are a fool. I may slightly agreed with him with this that if you can cope while Bitcoin get dipped to $3200 level in the same year, while should anybody be panicking now?

[gotminer]

The fool is the man who doesn't think for himself.

[hatshepsut93]

Well!! Recently, popular crypto face john McAfee tweeted about bitcoin. He Says “Bitcoin under $9,500. If you are panicking, you are a fool” 

Source: https://coinpedia.org/news/bitcoin-price-john-mcafee/

What's your take john mcafee's view?

My take is whatever McAfee says, you'd be a fool to take trading advice from him, he's a nutjob, has quite a shady reputation, and was shilling ICO's for a fee. He can give you a solid advice about Bitcoin today, and then give you a horrible advice tomorrow, because someone had paid him to. No self-respecting trader would get their advice from someone like McAfee, or any other self-proclaimed expert. People who do are generally newbies who are easily manipulated.

[bitbunnny]

It's not that McAfee is some kind of Bitcoin expert and authority and I'm against to give attention to such statements and advice but this time he has the point.
There is no reason to panic or to sell every time when price goes down. Recovery always folliws and this time happened rather soon..
Still I think it's much better to follow the market and your own experiences and knowledge than listen to persons like McAfee.

[Cityhunter123]

There's no point in panicking. In addition, the price has stabilized a bit. We are waiting for what will happen next.

[RealMalatesta]

Somehow, McAfee has a point. If we are aiming for a better profits we shouldn't be panicking now. This is not new in crypto especially in bitcoin. The bear market is approaching us but we should not be FOMO and sell our btc right away. We've seen this before, whether it may go deep down or may go up again. As long as we hodl, we can still relax and do the market do the pump.

I am only agreeing with the statement that he made because he limited it to people that panic sold their coins, because to be fair, anyone has the right to their decision and if they made decision out of the right mind, then they will always be right.

Everyone has their goal target, some has already made enough profit on that $9500 that would make their life better for the rest of their future, and all they just need is to establish a business that will ensure further growth of money, but I will agree with him if such investor panic to sell, but at the same time, we have some trader that must surely panic sell, which is what I believe stop loss is for partially, just that for their own, they don’t sell into fiat but they still out of panic stopped loss.

[shoreno]

ah sh8 here we go again  . 

really a fool ? but panicking is only normal  . a person that are knowledgeable can sometimes do panic its because they are unprepared but even prepared panciking cant still be prevented  . 

like me , im not a noob and i think im not an idiot but i do panic for good ( e.g panic buy when theres a dip and panic sell when there is a pump  )  . mcaffee is only making a story and wants to be popular . well played !

[suzanne5223]

  I support what he said but seriously, this will be the first time i see John McAfee statement not made for his own selfish reason.

but using an offensive word (fool)  to butress his point is not a good idea, from such a reputable icon in the crypto space

You're right with what you said but something if ones need to caught the attention and understanding of listener or people watching  who can easily be tease by crypto hater or FUD an offensive world like that are needed.

[bryant.coleman]

Every individual needs to make his own decision. If someone is in a financially stable situation, then it makes sense for him to wait for another 1-2 years so that the prices may rise. But the same can't be said about everyone in the market. There may be less well off individuals who have bills and other expenses to take care of. They can't afford to wait for another 2 years. And what will they do, if the prices decline further even after waiting for so much time? For a volatile asset such as Bitcoin, there is no guarantee that the prices will continue to increase with every passing year.

[Anonylz]

Yeah, I agree only put your spare money in btc or any long or short term investment,  money that you won't require anytime soon to avoid selling under pressure, because we can't determine what will happen in the near future, how the market will react, if you have a spare change not in use, don't hesitate to buy and hold.

[Darker45]

John McAfee has the penchant to speak off whatever he has in his mind without necessarily thinking twice. I don't like the guy speaking garbage sometimes. But it seems he says the truth with that. Indeed, only a fool panics when Bitcoin goes under $9,500 when it has already conquered the 5 digits countless of times.

Sometimes this man speaks some sense, especially when he talks about how lame the government is.