Quote from: denzkilim on November 22, 2018, 05:12:23 AM

Quote from: Gabrielexas on November 21, 2018, 11:58:49 PM

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

I agree with you on the nature and operations of bitcoin/cryptocurrency as a digital currency which seek to eliminate the third party system, but the fact still remains that high number of those who are buying bitcoin today are not interested on it functions as a currency rather they are more interested on profits maximization that is why bitcoin is seen as an investment rather then a currency. And those who bought it at the peak of the bullish run last year will definitely be worried but if they take they time to understand how the bitcoin network work which is volatility and unpredictability then they will simply hodl and hope for a better days ahead.