Post
Topic
Board Economics
Re: Newbies panic & Old timers smile, when the Bitcoin price take a dip.
by
joromz1226
on 08/09/2018, 22:05:10 UTC
Many new people on this forum are so focused on ranking up on this forum, with the visions of making tons of money from Bounty and Signature campaigns, but when it counts the most, they tend to drop the ball and they lose out on the biggest profits.

My advice to the newbies out there is to forget about Signature campaigns and Bounty campaigns and to concentrate on the things that will help you to make the biggest profits. You should acquire as much cheap bitcoins as you can, during a dip, because you will never know if that price will be the lowest price that Bitcoin would be sold for in many years.

In early 2017, the Bitcoin price was around $1000 and everyone was saying it was over valued, well they were wrong and most of the old timers just kept on buying more coins. The end result... The Bitcoin price went up to $19,000+ and we made huge profits.

So, please shift your focus on the Dip to something more positive. A dip in the price should be welcomed, because it gives newbies and old timers a opportunity to buy more cheap coins.  Cool

Buy the Dip and Sell on the Spike for the highest return on your investment. No Signature campaign or Bounty campaign can beat a 800%+ increase in the price.  Wink

Most of the newbies mindset was they want to get profit in just a short period of time and they don't wan't either to wait long even most of them are lack of knowledge about in this field of industry. They might heard that some of the community got earn in crypto world/bitcoin industry, but their thoughts was totally wrong. Where in the end they will loss their capital investment and the old timers smile at them because, for the old timers it is a good opportunity while in the newbies it was a doom for them when the market falls.