Quote from: Neitcha on February 02, 2018, 03:31:12 PM

READ & FEAR NOT:
Muthu Ragul:
📌#FEAR NOT

📌#Biggest Crashes in Bitcoin history

📉 - 94% June-November 2011 from $32 to $2 because of MtGox hack

📉 -36% June 2012 from $7 to 4 Linod hack

📉 -79% April 2013 from 266 to 54. MTGox stopped trading

📉 -49% Feb 2014 MTGox is gone

📉 -40% September 2017 from $5000 to $2972 China ban

📉 -48% January 2018 Korea FUD. from $19700 to 9500

Bitcoin died thousands of times just to keep on living. HODL SHARE with your friend!

Like what I commented on most threads similar to this, the decrease on bitcoin's price is not a new phenomenon! There are a lot of factors that may decrease its price on the markets, especially when the governments of some countries intervene with its process and transactions by imposing regulations and tax impositions but prices would soon recover after months/years. It may be upsetting to see your initial investments lose value at its first 2-3 months but the goal of investing into cryptocurrencies is to garner large amounts of profits.

Quote from: gabmen on February 11, 2018, 02:31:40 PM

Quote from: cryptohunter on February 02, 2018, 03:41:57 PM

look it is quite clear there is far more value for those that can control the price to keep crashing and pumping it rather than going straight up

they want all the btc

most people will not have the nerves for this kind of action and will be raped hard.

And weak hands are giving them exactly whay they want. To purchase more btc at bargain prices. That's why its important for every investor to learn about the market first so they won't fall prey to manipulators.

To be honest, most people that invested into bitcoins are to ones who are not knowledgeable on cryptocurrencies in general and its market. Due to the hype caused by social media and news, people see bitcoin as a 'short-term platform' wherein one can yield profit in a short amount of time! This may be true in some cases but understanding cryptocurrency is more than that. In order to at least maximize your profits, you need to be productive by studying the market price dumps.