Quote from: qwertyup23 on March 07, 2019, 10:14:52 AM

Quote from: coolcoinz on December 10, 2018, 12:41:56 AM

The average investor is always on the loss, because he's always angry and negative.
When it's going up, he doesn't buy and says: why would I buy something that went up by 500% last month? It's clearly a bubble!
When it's going down, he also doesn't buy: why would I buy something that is worth 30% of what it was? It's clearly dying!

Unfortunately, most investors who purchased bitcoins are also the ones who impulsively bought them without doing market research and observation. They based their decision primarily on the mainstream media and on how most websites ruin the reputation of cryptocurrencies in general. For that reason, they are the ones who first complain whenever prices go down and spread rumours of it being a bubble!

Smart and determined investors will go the extra mile to study the market and do research in order to know the chain of current events and market trends to smartly speculate about its fluctuations on the price.

Quote from: TheCoinGrabber on March 07, 2019, 09:39:05 AM

If people like Warren Buffet thinks bitcoins are not good investments, you can just imagine your average Joe. The irony is that while these people laugh at Bitcoin users when price are low, it's usually these people that feel left out during hikes.

As for sore losers, if they bought high without checking the record lows first and how long bear trends last, then it's their fault, don't blame Bitcoins.

Warren Buffet is used to the conventional methods of investing as he views cryptocurrencies as "an asset that creates nothing, rat poison, and a bubble." Ironically, Berkshire Hathaway invested into Fintech which totally invalidates his previous claims. Well one can speculate that maybe he is one of the whales that manipulates the price every now and then.

most investors who purchased bitcoins are also the ones who impulsively bought them without doing market research and observation.

Why this is probably true is because most people love easy money. Who would know when your 20$ will become 100$ or more.

Research is a no-no for those who only seek profit from easy money tactics. And they will always cry foul about if they lose their money in the process.