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pixie85
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August 23, 2020, 03:54:51 PM |
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Bitcoin is such an easy investment, pretty much like Apple, Amazon and Microsoft. If you had balls to buy and hold it for at least 2 years you made money at any given point in time. I don't get why so many people hate on Bitcoin. You tried to play the game and the game played you. Is there even anything to complain about besides the part when you prove that you're one of the maybe 5% of Bitcoin's investors who lost money? It's like saying you failed primary school  |
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peterpanda
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August 23, 2020, 04:01:08 PM |
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All the times are not good enough for making huge profit. Sometimes we lose and it is the basic rules of crypto currency. We should buy daily at least a few amount.
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Becky666
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August 23, 2020, 04:12:28 PM |
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<snip>
No such thing as a red. The only losing occurs if you sell, so don't.
Theoretically nothing like RED. Practically, there's such thing as RED, whenever the market go downtrend from the purchase point then RED has occur. Weaker hands will always sell off their bags when the RED occur, but the stronger hands will always hold their bags. You loss because you don't hold and not because you bought from the RED zones. Holding onto your bags even at RED zones is more profitable than gold  e shock u abi? |
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Lizzie_Girl
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August 23, 2020, 05:42:59 PM |
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Uneducated people live to moan and always use bitcoins volatility as a bad thing in every single argument they make. Yet they forget fiat is weaker each day. They forget about inflation. They just look at the graph and go "oh look I lost money" meanwhile 3 months later they would have doubled their money. This is due to fiat slaves only investing to get more fiat and not because they believe in bitcoin or its value.
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suryogandul
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August 23, 2020, 09:26:19 PM |
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keep buying bitcoin, because we know that bitcoin will still exist today, even in the future the prediction of bitcoin will go up high will prove to be one big surprise, so hold bitcoin is the best option and forget about losing
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Shohanur
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BIB Exchange
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August 23, 2020, 09:39:33 PM |
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keep buying bitcoin, because we know that bitcoin will still exist today, even in the future the prediction of bitcoin will go up high will prove to be one big surprise, so hold bitcoin is the best option and forget about losing
Yes at this time is very good time for enter market. Buying bitcoin and holding of it will be a great news for investors. So forget about selling in this time. |
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maxreish
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August 24, 2020, 04:16:22 AM |
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Makes sense. I'm actually a bitcoin long term holder.
And to be honest, bitcoin experience a curve market movement but I still did not lose much and that's a perks of being a long term holder.
And I kinda agree on that younger generations like our daughter, grandchilds will be the next generations that will highly consider bitcoin as a good investment in the future. Though gold is taking a stronger grip even in the future, but bitcoin will not be left behind and will still continue to rise in terms of advancement technology and in terms of it's value making it more special.
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NavI_027
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August 24, 2020, 07:06:14 AM |
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And I kinda agree on that younger generations like our daughter, grandchilds will be the next generations that will highly consider bitcoin as a good investment in the future.
Sure they are! But the question is, how large would be the portion of the upcoming youngsters would be interested in investing? No one knows for now but I hope the number will be considered significant by that time despite of knowing the fact that teenagers/young adults are getting more addicted to leisure activities (particularly playing video games) as time goes by. That's why I really feel pity for those "Easy go lucky" kind of person. So immature  . They are just focusing on the enjoyment of life — they don't know how adulting s*cks. I don't get it why would you lose when you bought in red or the bitcoin is a bear trend
Yeah, I think OP got a misconception. I guess it supposed to be sell and not buy. |
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witcher_sense
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August 24, 2020, 07:09:59 AM |
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And I kinda agree on that younger generations like our daughter, grandchilds will be the next generations that will highly consider bitcoin as a good investment in the future.
From bitcoin maximalist's point of view, future generations aren't going to consider bitcoin an asset to invest money in. It is simply because of the fact that bitcoin itself is money and will likely be used as money of the future to make investments in desired projects. Today, most hodlers aren't investing in bitcoin for profits, they are investing in future in which bitcoin is used as medium of exchange and unit of account. When it happens and bitcoin becomes both MoE and UoA, it will no longer be profitable, it will simply be. So, I would rephrase the statement made by OP, because if you didn't sell it and won't sell until bitcoin is recognized by future generation as common money, it doesn't matter at which price you bought bitcoin. |
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larus
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August 24, 2020, 10:19:11 AM |
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To loose money in crypto is still pretty simple. People like to buy on hights and sell on lows
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john_nautica
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August 24, 2020, 02:35:46 PM |
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keep buying bitcoin, because we know that bitcoin will still exist today, even in the future the prediction of bitcoin will go up high will prove to be one big surprise, so hold bitcoin is the best option and forget about losing
Keep buying bitcoin needs more analysis because bitcoin price will not just stay at one lower price, but the price can go down and touch another lower price. So you need to analyze more when bitcoin price is down, so you can get bitcoin at a low price, even if the price is down, you can buy back again to get another low price. I remember what happen with bitcoin when the price touches the last ATH, and suddenly, the price is going down too deep for almost 3 years. People lose so much money from bitcoin, and many of them desperate to see their money reduce a lot. But right now, some of them are happy because bitcoin price can increase more than $10k, so they can recover their loss. I agree. Every decision must be made though analysis first of the possible consequences by doing so. You have established a concrete example here and I could not agree more. I am hoping that this development would continue. |
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AakZaki
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August 24, 2020, 03:40:24 PM |
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Losing money on bitcoins occurs when you sell them. But when you keep holding it you still have your money. when the price of bitcoin drops is when you have to buy it again, a good bitcoin investment is done using a long-term method, because the price is very volatile, it will continue to move. To reach the new ATH bitcoin will take a long time. this will train your patience.
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pixie85
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August 25, 2020, 04:33:08 PM
Last edit: August 25, 2020, 05:16:11 PM by pixie85 |
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Losing money on bitcoins occurs when you sell them. But when you keep holding it you still have your money. when the price of bitcoin drops is when you have to buy it again, a good bitcoin investment is done using a long-term method, because the price is very volatile, it will continue to move. To reach the new ATH bitcoin will take a long time. this will train your patience.
Not really. If something is valued in a certain way it doesn't mean it will be valued higher later. You bought coins for 10 thousand and now the price is 1 thousand. You can't say that you haven't lost money on this investment because in the present you have less than you used to have. It doesn't mean you will not get even next month but as long as you are on the loss you are on the loss. There's no denying it. Would you still be saying that you havben't lost anything if Bitcoin went to 100 dollars and stayed there for another 5 years? |
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