Bitcoin Suicide Watch

It's very simple!
Are you in for a quick buck? Then you are a degenerate gamblers.
Are you in for the TECH and the future?! HODL!
The need for decentralization will not go away
The need for a electronic cash will not go away
the need for Privacy oriented technology will not go away
bitcoin despite 7 major crashes in 2017 saw ATH of 19K
January and February was bloody in past few years, NO EXCEPTION.
 
Nobody said this when BTC dipped to R20k or so a few months back? Why is this suddenly "the end?"
 
CryptoserA said:
It's very simple!
Are you in for a quick buck? Then you are a degenerate gamblers.
Are you in for the TECH and the future?! HODL!
The need for decentralization will not go away
The need for a electronic cash will not go away
the need for Privacy oriented technology will not go away
bitcoin despite 7 major crashes in 2017 saw ATH of 19K
January and February was bloody in past few years, NO EXCEPTION.
Click to expand...

what you need to realise, is that all needs are wants
 
Slootvreter said:
Nobody said this when BTC dipped to R20k or so a few months back? Why is this suddenly "the end?"
Click to expand...

Ja, but since then people have gone moggy buying GPUs to make their fortune, or simply investing directly into bitcoins....and now they might be somewhat in the red.
 
Slootvreter said:
Nobody said this when BTC dipped to R20k or so a few months back? Why is this suddenly "the end?"
Click to expand...

Because we're surrounded by a bunch of "Chicken Littles" who keeps proclaiming the sky is falling
 
Splinter said:
Ja, but since then people have gone moggy buying GPUs to make their fortune, or simply investing directly into bitcoins....and now they might be somewhat in the red.
Click to expand...

Those same people used Nicehash to mine bitcoin (which was dumb to begin with and a waste of electricity imo) because it was "easy money" etc.

Those same people don't know how to work with money to begin with.

I started out investing in GPU's, but did my research beforehand and stuck mining 1 coin. It paid off my rigs and gave me enough profit to start venturing into crypto trading and investing in one or two more things. I'm in the "green" although the money I invested in trading is in the red. I'm HODL because I don't believe the "sky is falling"

So while these n00bs panic sells, I buy for cheap and wait. Because I didn't invest money I wasn't willing/could afford to lose and didn't put all my eggs in one basket either
 
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CryptoserA said:
Are you in for the TECH and the future?! HODL!

January and February was bloody in past few years, NO EXCEPTION.
Click to expand...
The latter fact should be sufficient to show that BTC shouldn't be held over this period. Buy in the lead-up to January, sell at the high and wait for a new low to be reached before buying in again. But yeah...that sell needs to happen near the start of the price drop.
 
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