Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

You're not alone. I also feel these stories are manufactured. It is not what I experience with other people.
Sure, some of them are in doubt, but others are at the brink of buying their first bitcoin because of my enthusiastic talk about it.

can you explain me how to explain the long decline to them? -20% in the last 30 days are not very enthusiastic...

+5% shorts in 24 hours could be an opportunity and the much needed momentum upwards...

look at the history broader than 30 days .. also look at the history broader than the last 9 months. Maybe also explain diversification and only investing your comfort level rather than investing either balls to the wall or expectations to get rich quickly? Even though you may be a trader or others may want to attempt to get rich through trading, most people lose a lot of money through trading and a more sound dollar cost averaging system should be contemplated and employed.. in other words buying and holding.. and investing in small increments.

that's more or less what i always said...don't get me wrong with my bearishness...maybe a few percent and i'm bullish again...but right now after all the dumps and failed 'rallies' i am really disappointed...

short term i am really bearish, mid term stagnating at best, long term the chances are 30:70 against a bitcoin rise...

with that personal pov, the next time i meet some people to talk about bitcoins i will have to say that i lost a lot of money and maybe now is not a good entry point because more losses are expected

there really has to be a rise soon or mass market adoption will fail, cause everyone will consider bitcoin as too dangerous or will forget about it

i will hodl what is left but i will not consider buying more and i will explicitly make aware of the danger of losing all investments...i prefer that they say "why didn't you force me to buy" than "because of you i lost a shitload of money"

When did you buy in? and how did you lose money? did you buy high and sell low? or get margin called? how exactly did you lose a lot of money?

i don't see a point in giving especially you more ammo to shoot at me

?...... I am merely asking for you to clarify your statement that you have lost money?

I am not sure how that is "ammo" to ask you to explain your statement in a way that people can understand that makes sense? other than a vague "I lost a lot of money" because that does not say much about Bitcoin on its own at all...

I am asking how you managed to accomplish losing money ? was it buy high and sell low? or margin calls or bad trading? or are you sitting on unrealised losses, or are you talking hypothetical losses? (due to missing perfect hypothetical trades)

It makes a LOT of difference, and your answer could give context and substance to your "I lost a lot of money because Bitcoin" statement....