Post
Topic
Board Bitcoin Discussion
Re: This why you shouldn't be worried
by
denzkilim
on 22/11/2018, 05:12:23 UTC
This is why you shouldn't be worried and should understand how bitcoin works



ps. sorry I don't know how to load an image  Grin
I guess that image speaks a lot but you can't blame those people from being worried especially those who invested in Bitcoin at its peak price of $19,000 US dollars and they are now absolutely frustrated because most of the hodls and expects that this November will be the start of the bullish season of Crypto Currencies. I know that there a lot in here that lose a lot of money on investing on Bitcoin but it isn't Bitcoin's fault because in the first place Bitcoin isn't an investment and even in the Bitcoin white paper it does not indicate or tells anyone to invest in it. Bitcoin is a form of digital or electronic money that cuts down the trust issues on third parties and it is a peer to peer transaction that makes it easier for everyone to use it.
The real goal of Bitcoin is different from today because these days it becomes an investment medium and people decides what it will be, because of its decentralized nature.

Just like what I always say. It is better to invest only the money that a person affords to lose rather than risking everything in this very volatile and wild industry of Crypto Currencies.  Cool