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Topic: majority will lose money and minds (Read 24721 times)

Kakmakr

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Re: majority will lose money and minds

January 11, 2019, 05:39:03 AM

#81

I am an exception to your generalization then, because I started to invest in this technology because I wanted a payment option that would be safer to use on the Internet. I was a victim of credit card fraud and I wanted a safer alternative for ecommerce on the Internet and Bitcoin was that solution.

I have been using Bitcoin as a payment option for ecommerce for many years now and I have not lost a single cent and nobody is storing my payment details on their site. So, saying all people are invested into Bitcoin for speculative profits are wrong. Wink

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deisik

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Re: majority will lose money and minds

January 11, 2019, 05:41:35 AM

#82

Quote from: NeuroticFish on January 08, 2019, 08:24:03 AM

Quote from: vypzilla on January 06, 2019, 06:13:04 PM

Businesses related to crypto, you mean scammers right lol

Indeed, you are either from a different planet, either trolling. FACT. (sic!)

Quote from: vypzilla on January 06, 2019, 06:13:04 PM

But the MAJORITY of bitcoiners are in it for the money and theres nothing wrong with that what so ever. Just quit the bitcoin snobbery.

I guess you failed to understand my point. I didn't say that we are not here for the money. I would be a liar if I'd say so. I said that the money in here doesn't come only from investing, so there are plenty of cases the amount the thicker shows doesn't matter that much

It is kind of natural (or financial) selection at work here

Those who had been to Bitcoin for quick profits only are likely already gone. A minor part of them were lucky to jump off right in time when the price was high, the other weren't and they either got stuck with low prices or had to book losses and stumble home in tears. But no matter what the outcome was it is unlikely we will see them again soon. So Bitcoin lost a thick layer of speculators, which means there'll be more room for real change and less for hype and hysteria

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malikusama

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Re: majority will lose money and minds

January 11, 2019, 10:44:58 AM
Last edit: January 11, 2019, 03:23:08 PM by malikusama

#83

Well i guess it would be more appropriate if you say "Impatient will lose money and minds"

Quote from: vypzilla on January 06, 2019, 03:45:21 PM

I do believe the majority of bitcoin users are here for money/gains, but not all of them have the same intention. One who clearly understand the concept and working of bitcoin will love to use bitcoin and prefer it over traditional payment system.

Quote from: vypzilla on January 06, 2019, 03:45:21 PM

Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.

You prefer short time gains over long time investment which is no doubt a good idea, because still market is not recovering as we expected in 2018.
However, to say bitcoin is not reliable and may crash in future is somehow a bad judgment. We still believe market manipulation will end one day if we continue to hold in this down trend, and it will be a win.

treatWy

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Re: majority will lose money and minds

January 11, 2019, 11:15:58 AM

#84

One thing for sure life is unfair in terms of crypto investment. There are whales (big investors), small fish (small time investors), bounty hunters, and just nothing. Bitcoin cannot be predict the accurate value due to volatile form of programs. There are more opportunities and uncertainties to happen. Therefore, investment in bitcoin is not craziness but an opening to invest and have some possibility to earn enough.

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Re: majority will lose money and minds

January 11, 2019, 01:17:45 PM

#85

What difference does it make when a person buy bitcoin? If he is sure that he can get a good profit and is ready to wait at least 10 years, then there is nothing wrong with that. Someone does not wait and trades bitcoin, and someone keeps it in the hope of growth in the future. Each person is free to decide how to dispose of their investments.

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Savemore

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Re: majority will lose money and minds

January 11, 2019, 01:35:49 PM

#86

Quote from: vypzilla on January 06, 2019, 03:45:21 PM

The only reason why people buy bitcoin, is to make money. I believe in the tech, its the future blah blah blah. Your here to make "sick" gains, most will not have the stomach for it. How many investors bought 100 btc for $100 and sold them at $20,000 each, practically none.

Say bitcoin reaches $1 million and you invested now at $3800. You honestly think you wont sell when it hits $50,000 or any other figure that will improve your life significantly. Nobody knows if, when or how it will happen.

Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.

The reason why there are people who wasting the opportunities to sell their coin at the right moment is because they have high satisfaction. They keep expecting more income that they can get. I am one of the greedy person before, I lose many opportunities because I have high expectation. If i sell my bag of altcoins before, maybe I have now business today. I regretted the time that I didn't sell my cryptocurrencies at the right time due to my high satisfaction.

Thanasis

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Re: majority will lose money and minds

January 11, 2019, 02:04:30 PM

#87

Quote from: Malam90 on January 11, 2019, 05:06:37 AM

The person who bought Bitcoin in the last part of 2017 are in losses but most of the buyers are in profits yet who have bought Bitcoin before mid of 2017. People invest only for making profits, this is not bad at all. Nobody knows when this losers will see the light of profits untill if they hold.

Not everyone can't be profitable so people who are losing are general investors and they are keep losing their money to make the pro inveetors rich.Just learn how we can make profits from any investment then only we can hold our coins when the prices fell.

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denny27

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Re: majority will lose money and minds

January 11, 2019, 02:17:16 PM

#88

Opportunities are still there, it may take a longer time and patience in all the things or situations that really must be faced with several efforts to deal with it, well especially in terms of holding or preparing many things to survive in all situations. Thinking more positive and not pessimistic in all things., that's important, in crypto I believe that there are still more chance for profit.

jpnl0008

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Re: majority will lose money and minds

January 12, 2019, 03:22:52 PM

#89

I do agree with you that basically people are here to make money buy and sell bitcoins to make gains but at same time I also be,ieve that there are some persons who are here to be a part of the tech too. So they are here for both the profits and the tech thanks

ChrisPop

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Re: majority will lose money and minds

January 12, 2019, 03:32:12 PM

#90

Why don't do both? I've got involved in the crypto space for the technology and to increase my wealth as well. I am a visionaire and one of my goals is to make the world a better place to live for the generations to come. The blockchain technology is slowly starting to change the world and we need to accelerate the process. I am a bit pressed by time, but I'm planning some projects to implement this kind of technologies in my country. More people should follow the example. Wink

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trader34

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Re: majority will lose money and minds

January 12, 2019, 03:54:16 PM

#91

Quote from: vypzilla on January 06, 2019, 03:45:21 PM

Yeah, I think most of the people are in the market to make good gains. However, this still helps to spread the voice about bitcoin to the mass. The more people are invested, the more known it will be!

izanagi narukami

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Re: majority will lose money and minds

January 12, 2019, 04:04:46 PM

#92

Nobody expect bitcoin able reach more than $ 15.000 btc but it's really happen !
As we know, crypto value depend on supply and demand , that's why the value is too volatile, change drastically even less an hour.
You must aware and understand the risk before try to trade because if you want to achieve something big, you need to do some effort !

mlsbd

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Re: majority will lose money and minds

January 12, 2019, 04:24:15 PM

#93

Quote from: izanagi narukami on January 12, 2019, 04:04:46 PM

Bitcoin reached 20,000$+ within a couple of months that time it was surprising.
Than bitcoin dropped time was unexpected and a lot of people lose money because they invest rising moment.
So i think in crypto you should be prefer every moment to take risk.

Xk80jq

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Re: majority will lose money and minds

January 12, 2019, 04:46:49 PM

#94

In crypto not all are about money earnings rich in crypto, but putting your own to your goal to achieved it is very big deal to your success.
All they needed money that's why we are join this business but we all know bitcoin is risk if you try to trade in market you control your panic in online trading to not resulting depression.

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Re: majority will lose money and minds

January 12, 2019, 06:56:54 PM

#95

If bitcoin falls to zero I doubt it will happen, a decline in the lowest price is possible, and the possibility of a rise is also very possible. I chose long-term investment, and I believe in the future it will be much better.

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Re: majority will lose money and minds

January 12, 2019, 08:26:25 PM

#96

This is a rather difficult question. I initially invested in bitcoin precisely for the purpose of making money, but I like its technology more and more, and I will gladly use it when it is accepted as a currency.

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Re: majority will lose money and minds

January 12, 2019, 08:51:49 PM

#97

Of course everyone wants to earn with bitcoin, because it is the best investment today. And I will not hide that I will sell most of my bitcoins if the price increases at least 10 times. But I will leave a certain number of coins, if bitcoin is still actively used as a currency.

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Re: majority will lose money and minds

January 12, 2019, 09:14:08 PM

#98

Many people begin to buy bitcoin in order to earn money, but then begin to carefully study the technology and understand the beauty of its use. Therefore, I think that bitcoin will still be used as a currency, even though everyone began to get acquainted with it as an investment vehicle.

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Re: majority will lose money and minds

January 12, 2019, 09:20:27 PM

#99

Quote from: vypzilla on January 06, 2019, 03:45:21 PM

No one is forcing anyone to invest in anything and if there are investors in this platform, they are doing it for the profit and not for the novelty of the entire infrastructure, this is a new market and there is no point in declaring that it will crash to zero unless there is a serious breach in the security of the blockchain and that is highly unlikely to happen, hope you are aware that some of the countries have legalized bitcoin and it will not be outlawed by every country. Tongue

. In future people will use bitcoin as a currency rather than a store of value at least in international trades.

bitvelk

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Re: majority will lose money and minds

January 12, 2019, 09:22:42 PM

#100

I look forward to the price increase, because my goal in bitcoin is to earn as much money as possible with its help. And I think you are right that such investors are the majority. But I think that it still will not prevent its implementation as a currency.

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