Post
Topic
Board Economics
Re: bitcoin goes down, no new rich people anymore
by
BitcoinTurk
on 05/12/2019, 16:33:03 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

One should not think unilaterally when any investment instrument in the markets loses value. This is also true when the Bitcoin price drops, because with this price drop, someone loses money and someone else makes money. In other words, amateur investors become poorer and professional investors get rich with market decreases. Someone has to lose money so somebody else can get rich. This is the whole thing. So I want to stress again that there are people who can get rich even in market decreases. Therefore, each price decline should not be considered unilaterally.