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    Author Topic: How foolish are people who invest in Bitcoin?  (Read 6679 times)

    • antosionta
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    August 04, 2018, 06:39:09 PM
     #1281
    I thought you should open your eyes. people who invest in bitcoin are not a fool. instead they choose bitcoin as a good alternative, if you are good at managing your bitcoin, bitcoin will be very useful for your life. it all depends on yourself

  • Xenoph0bia
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    August 04, 2018, 07:03:55 PM
    Last edit: August 04, 2018, 09:16:35 PM by Xenoph0bia
     #1282
    Quote from: Himanshu111 on August 04, 2018, 05:59:15 PM
    Quote from: olyolali on August 04, 2018, 05:16:44 PM
    Quote from: Pe4kin on December 15, 2017, 09:13:26 AM
    How many idiots who decided to invest in bitcoin!!!!!!!

    It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
    And as it grows from 1.5 to 1.7.....

    In recent days printed 180 million tether and still no big growth....
    Lending on the stock exchange came to a billion dollars.
    The credit rate on the day was a record and more than the 0.103%.

    This means that the market has reached its peak. The price of cryptocurrency maximum.
    This is the moment when you have to sell everything.

    So began a process of growth needs the infusion of more money.... They're gone.

    I think the joy of endless growth to an end this weekend.

    Nothing in this world is eternal and permanent.....
    And rising prices of bitcoin are not eternal.... all ends already.....
    Crypto's price has indeed reached its peak, it's true. because it is very clear that the current price of bitcoin is very unstable and very heavy to rise again.
    maybe in 2017, bitcoin could rise high because before 2017 the price of bitcoin was very cheap and crypto at that time was well known and many were interested so that it could reach its peak and after that it dropped very steeply. bitcoin will probably not rise again like last year because there are too many new coins and all investors choose other coin coins that have the potential to rise like bitcoin.
    everything I say is only an opinion of my thoughts.
    People who invest in bitcoin are not foolish.Actually they are smarter than those people who have no idea about bitcoin.Bitcoin is the money making machine and we should take advantage of it.Bitcoin is the best option for investment in today's date.Bitcoin can create any record.2017 was the year of bitcoin only and people are expecting the same this year too.Bitcoin's demand is increasing even though the prices are down as people have faith in it.
    No people are not foolish to invest in bitcoin.Bitcoin is the topmost cryptocurrency in the market and is the most expensive and valuable one.Bitcoin is the best option for investment purposes in today's date even though its price is low from some time.Through bitcoin you will also get to know about the market.Cryptocurrencies are gaining demand  as digitization is going on in the country.Bitcoin has the largest number of users in the world than any other cryptocurrency.

  • pixie85
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    August 04, 2018, 07:50:31 PM
     #1283
    I must be very foolish according to OP but I believe in Bitcoin and will continue to invest even if it falls below 6000 USD. If we aren't in a bull market yet it means that we haven't been in despair long enough.
    Quote from: zxcv cool on August 04, 2018, 05:26:19 PM
    I don't think there is any difference between investing in BTC and investing in stocks. I just say that the risk of investing in BTC may be greater, but the profit margin of investing in BTC will be much higher.

    If you ask one of the older traditionalists they will say that stocks are backed by companies and Bitcoin isn't backed by anything. I think they're idiots but that's their first line of defense.

  • Birin016
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    August 04, 2018, 11:59:27 PM
     #1284
    It is all about risk, people that invested at peak might have predicted wrong the bull but still it doesn't mean they're foolish for investing at that price. Now, those that invested in late 2017 must be 100% down on there investment by now but this bearish cannot last forever either, we should see bull very soon in the market.

  • Jay51
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    August 05, 2018, 12:31:17 AM
     #1285
    Don't think putting resources into bitcoin is a doltish venture ,  I see the potential benefit of bitcoin is enormous , Numerous individuals are endeavoring to put resources into bitcoin and I find that they likewise make a considerable measure of benefit from it.

  • CrypTM
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    August 05, 2018, 01:30:00 AM
     #1286
    People do buy bitcoin not just because of investment but also to do other things as well . Bitcoins main purpose is for a curency.

  • rubynails
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    August 05, 2018, 01:43:39 AM
     #1287
    I totaly disagree, Bitcoin has still place to grow, especialy now that it is still far from the all time high. Fools maybe the ones, who get out now  Smiley

  • Pattart
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    August 05, 2018, 01:44:46 AM
     #1288
    Quote from: pugi2 on August 04, 2018, 11:49:17 AM
    Quote from: Lalafell on July 11, 2018, 10:22:09 PM
    Quote from: Phily40 on December 28, 2017, 01:19:44 AM
    People investing in btc are not foolish, they realized that btc is the best investment to earn a lot for them to live a better life.
    Investing in bitcoin is not foolish cause investing here is a big opportunity to make our life become better and successful life.   Investing in bitcoin is good choice cause it gives high profitable income that gives you happiness and brighter future .
    Why foolish? People might think the bad about bitcoin or cryptocurrency in general but people must think what opportunity behind the this which we must take if we want to get big things. Risk should be taken to get a chance become better so there is no flat risk with big opportunity.
    I don't think that investing in bitcoin is a stupid thing, many people say that because of the considerable risks, I see people who
    invest in crypto and bitcoin are smart people, because they can see the potential price of bitcoin in the future..

  • Malamok101
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    August 05, 2018, 01:59:36 AM
     #1289
    There are also many people who are losing money when they buy bitcoin at its high price.
    The losing money can be a lot when they sell it cheaper on the price they started to buy at its high price.

  • MochaDeny
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    August 05, 2018, 06:54:13 AM
     #1290
    Bitcoin is treated as a speculation tool, not for investment, or in other words, only a profit-loss game, not a business that produces.

  • tokilaka
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    August 05, 2018, 07:55:01 AM
     #1291

    Any time you think otherwise about Bitcoin it's also stupid, you should understand it more realistic, Some investors think investing in BTC at $ 15000 is a good idea, now we Know that it is not, but no one can say that the Bitcoin price will be 30000 or 300 dollars

  • Toraokun
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    August 05, 2018, 08:00:47 AM
     #1292
    Quote from: Pe4kin on December 15, 2017, 09:13:26 AM
    How many idiots who decided to invest in bitcoin!!!!!!!

    It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
    And as it grows from 1.5 to 1.7.....

    In recent days printed 180 million tether and still no big growth....
    Lending on the stock exchange came to a billion dollars.
    The credit rate on the day was a record and more than the 0.103%.

    This means that the market has reached its peak. The price of cryptocurrency maximum.
    This is the moment when you have to sell everything.

    So began a process of growth needs the infusion of more money.... They're gone.

    I think the joy of endless growth to an end this weekend.

    Nothing in this world is eternal and permanent.....
    And rising prices of bitcoin are not eternal.... all ends already.....

    I agree with some of your opinion, people who bought Bitcoin without realizing Bitcoin already reach it's peak is foolish, because they not use proper strategy to buy Bitcoin when it's prices falls.
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  • ParveZ219
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    August 05, 2018, 08:15:14 AM
     #1293
    Its not about foolish bro ..Its about courage...and its about sorroundings.. everyone is investing so they are also...Infact they are getting such courage and curiosity for profit in bitcoins...then also short time gives you profit and if you are smart enough then you will not lose your profit...So its not about foolish...

  • jdiieue123
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    August 05, 2018, 08:45:59 AM
     #1294
    Lack of knowledge and skills can lead to risky investments that others say is too stupid. Should smart people invest in Bitcoin?

  • ferall
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    August 05, 2018, 08:49:54 AM
     #1295
    My friends and even my close family told me I was a fool buying bitcoin at $200 each years ago.

  • Bumblecoin
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    August 05, 2018, 08:54:46 AM
     #1296
    Quote from: Satish147 on December 15, 2017, 10:36:41 AM
    Dear p4ekin,

    I think you are not fully aware of the potential blockchain tech usage and how it can disrupt every industry by removing centralisation. And this Blockchain tech came from Bitcoin only.

    And Bitcoin has the capability to replace Gold reserves and fiat reserves.
    It is very true, bitcoin is very potential to replace fiat or even gold. Maybe he is not fully aware and he is also so pessimistic. Blockchain technology is the best way to cope with todays moderb world.

  • Crystal24
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    August 05, 2018, 08:55:17 AM
     #1297
    Actually people who invest in bitcoin are the wisest people not the other way around.
    Bitcoin is the future ,so anyone investing in it now has foresight.

  • Jupeter
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    August 05, 2018, 08:59:08 AM
     #1298
    Quote from: Malamok101 on August 05, 2018, 01:59:36 AM
    There are also many people who are losing money when they buy bitcoin at its high price.
    The losing money can be a lot when they sell it cheaper on the price they started to buy at its high price.
    Well i am also investing in bitcoin and i believe that investing in bitcoin is a smart and a great investment to do to have a lot of money and as a investor it is not a foolish thing to invest our money with bitcoin, because bicoin can help us to grow our money very high.

  • nellakarisma
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    August 05, 2018, 09:04:14 AM
     #1299
    they are not stupid, bro. because they understand the development of increasingly sophisticated times. so they also look for work and income by investing their money to change their lives for the better

  • semutracing
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    August 05, 2018, 09:38:23 AM
     #1300
    Quote from: NNMT on June 02, 2018, 04:40:18 PM
    You want to make big money then you have to invest and take risks. There is nothing you invest in without the risk. I think the value of bitcoin in the near future will be stable. I will always stick and invest a lot in bitcoin.

    indeed all what we are going to do is risky, but if you have the knowledge and experience in trading crypto currencies, it will minimize the risks, because everyone definitely does not want to take a risk
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