Post
Topic
Board Economics
Re: bitcoin goes down, no new rich people anymore
by
imstillthebest
on 08/05/2019, 07:30:20 UTC
because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa
Are you saying all of us the traders has no rich people among us and we are all poor people?  I don't think so.  Bitcoin is in a bearish conditions an as such the weak hands will continue selling at the wrong time and the strong hands will keep expanding in riches through gain.

He didnt say all but he only said many  .

Quote
Bitcoin is in a bearish conditions an as such the weak hands will continue selling at the wrong time and the strong hands will keep expanding in riches through gain.

 Thats true  . only weak handed and emotional people are selling their coins but that does not mean that they are poor or they will become poor after doing it  although some maybe especially if they put all their lifetime money on cryptos  . while other rich individuals wil continue to become more rich because they are patient enough to hodl  .