A reminder to all new Bitcoin investors - page 3.

PX-Z

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Quote from: KiaKia on February 01, 2023, 02:03:02 PM

Stay away from any Bitcoin FUD and always remember that Bitcoin has faced death so many times and still prevails, this is beyond stoppable for the haters now, the only thing they are capable of is the CBDC and FUDs.

Actually almost everyone knows about bitcoin. But where blinded on what media is showing. Because most media news will only make a headline when someone got hacked on bitcoin, scammed, lost because of theft, bankruptcy, in short bad publicity. Misinformation is the problem.

On the other hand, many are actually bullish to bitcoin but become disappointed when faced security compromised, hacking/stolen, phished, etc.
Investing bitcoin is not just having or buying them but having full security, safe device and good practice of keeping them. These should be taught not just "you will be rich and financially literate when you invest long term in bitcoin"

Fivestar4everMVP

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For those of us who have been here, buying and selling bitcoin for a very long time now, I personally do not consider this topic as serious, since our minds are pretty made up never to give up on bitcoin, no matter what comes, and it doesn't matter if the price of bitcoin return back to $1000.

But going to the newbies out there, the OP is as important to keep them motivated, and all that houbi said in the infographics which the Op shared is absolutely true, every new technology has faced some level of criticism before they finally become mainstream tech for the entire world, bitcoin is no different, bitcoin, like every other mentioned is a new tech, and normally, must have its own share of criticism before it finally enters the mainstream payment system of the world, so buy and hold your bitcoins tight.

uchegod-21

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Quote from: mendace on February 01, 2023, 03:29:13 PM

The message in the image from Huobi exchange is encouraging new Bitcoin adopters to not be discouraged by negative opinions and "FUD" (fear, uncertainty, and doubt) surrounding the cryptocurrency. It highlights that technology is advancing and Bitcoin is a reliable digital currency that has faced challenges before but has always persevered. The message also mentions that the only thing the "haters" can do now is create central bank digital currencies (CBDCs) and spread FUD.

Every new innovation or technology always face difficulty breaking through and the major difficulty they face is posed by their older competitors that the new innovation wants to obsolete. But one remarkable thing is that if the new technology has the ability to extinct the old, no matter how false information is flagged against the new technology, the new technology must prevail only if it has the ability to solve a big old unsolved problem.

coolcoinz

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Quote from: franky1 on February 01, 2023, 03:37:01 PM

the main ones i remember was

"email wont catch on" - postal service
"digital photos wont catch on" - kodak film

There's always a group that feels threatened by new technologies or innovations.
There are numerous false statements made by people who were into computers like Bill Gates, who said in 1994: "I see little commercial potential for the internet for the next 10 years."
If someone familiar with computers and the Internet, who was programming in the 70s, so he had decades of experience, could be so wrong, so can be any of the current so called "financial experts."

What amazes me is that people trust Buffet and Munger on this when these people have never been interested in tech stocks. They're mentally stuck in the 20th century and completely missed the rise of Google, Facebook and Amazon. Now they suddenly have an opinion on the market they don't understand and don't participate in.

hatshepsut93

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New thing is not guaranteed to replace the old thing just because it's new. I can demonstrate the absurdity of this narrative by pointing out that every of the thousands of altcoins claims that it's going to replace Bitcoin soon. And yet they don't, just like Bitcoin is not replacing banks.

Scripture

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Quote from: KiaKia on February 01, 2023, 02:03:02 PM

Stay away from any Bitcoin FUD and always remember that Bitcoin has faced death so many times and still prevails, this is beyond stoppable for the haters now, the only thing they are capable of is the CBDC and FUDs.

FUD will still be part of the market, either you take actions from this or you’ll just ignore it.
To become successful I think its better if you have your target price and cut loss price, by this you’ll know when to exit the market and avoid from any big losses.

Bitcoin will always rise, just try to maximize its trend if you’re a long term player, there’s also an opportunity during the FUD, just continue to look for the perfect timing.

drwhobox

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This banner helps to attract newbies or new users to trust bitcoin and its value. They list some of the modern technology which replaced the old ones. Bitcoin may be fairly new in the market, but it has already significantly impacted our lives, and more people are now adopting bitcoin.

Op, Nokia also rejects to switch their phones to android. I can not remember what they quoted at that time. But they also miss out on the technology first.

aoluain

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Quote from: franky1 on February 01, 2023, 03:37:01 PM

the main ones i remember was

"email wont catch on" - postal service
"digital photos wont catch on" - kodak film

Ha ha - as a photographer, I know that one about Kodak!

Nice graphic by Huobi, its actually quite a strong one.

Quote from: KiaKia on February 01, 2023, 02:03:02 PM

Stay away from any Bitcoin FUD and always remember that Bitcoin has faced death so many times and still prevails, this is beyond stoppable for the haters now, the only thing they are capable of is the CBDC and FUDs.

So true, when I hear that crap in the media it doesnt even register with me anymore.
I have heard it all before and have become completely desensitised to their messages.

Mate2237

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Quote from: Cryptomultiplier on February 01, 2023, 04:08:05 PM

The image OP used is very catchy and conveys popular opinion of competitors. The fact that Bitcoin has been afloat despite market fluctuations is a proof of trust to show that it is and will remain a name to recon with in the decentralized system of crypto currency and exchange.

Investors or newbies delving in, need not panic about the authenticity of its service, but learn how to invest following bear and bull run that affect margins of profit/gains.

Yes and the OP used the image to interpret the whole thread which has again explain to layman understanding, though at first I didn't understand what op was saying but could understand it later. The downtrodden (coming down of suffering in the bear markets) of bitcoin is to favour some investors then the bull as well is also to benefit some investors, but the bull is the best in the crypto investment.
Bitcoin investment should be made to the age of +18 so that they bear the risk in it.

Cryptomultiplier

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The image OP used is very catchy and conveys popular opinion of competitors. The fact that Bitcoin has been afloat despite market fluctuations is a proof of trust to show that it is and will remain a name to recon with in the decentralized system of crypto currency and exchange.

Investors or newbies delving in, need not panic about the authenticity of its service, but learn how to invest following bear and bull run that affect margins of profit/gains.

Ndabagi01

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All these information about bitcoin is a good one for beginners to know. But in as much as a beginner has made up their mind to learn more about bitcoin, they shouldn’t be discouraged by the negative sayings about bitcoin but rather leverage on how to be better and productive in what they stand to gain about bitcoin in the cryptocurrency market. We are in a competitive age, so fake and unreliable facts will be the words of the fellow competitor vying to make their same business better as them, which they also want to prevail amongst others.

franky1

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the main ones i remember was

"email wont catch on" - postal service
"digital photos wont catch on" - kodak film

Dunamisx

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Life is all about competition and readiness to take risk which also requires your serious determination before you can experience the best of it, those that are not yet into the digital era of bitcoin don't actually knows what they have been missing not until one day that they will decided to give a try, bitcoin is obviously different from every other technological development today because all about bitcoin is in a unique way like no other, talking about the decentralization, anonymity, volatility, profitability, availability, immutability and so on that we all benefits from bitcoin.

mendace

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The message in the image from Huobi exchange is encouraging new Bitcoin adopters to not be discouraged by negative opinions and "FUD" (fear, uncertainty, and doubt) surrounding the cryptocurrency. It highlights that technology is advancing and Bitcoin is a reliable digital currency that has faced challenges before but has always persevered. The message also mentions that the only thing the "haters" can do now is create central bank digital currencies (CBDCs) and spread FUD.

Ojima-ojo

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Quote from: KiaKia on February 01, 2023, 02:03:02 PM

Stay away from any Bitcoin FUD and always remember that Bitcoin has faced death so many times and still prevails, this is beyond stoppable for the haters now, the only thing they are capable of is the CBDC and FUDs.

I have stayed away from funds ever since I got into Bitcoin, this is because I was already experienced in the way competitors work on the mindset of their potential clients by discrediting newer and effective innovations.

Fuds have always been that way and only the gullible can be deceived by such comments, at least I know enough to decide which is bad and which is acceptable.

And to that point Bitcoin is the best form of the store of value and a hedge over inflation.

KiaKia

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So I was day trading on Huobi exchange today and I come across a new update from the exchange with this beautiful information, I believe this is strictly for the new Bitcoin adopters

The image above is from Huobi exchange, it shows that now matter how good a new innovation is, the old ones won't want to see it prevail, they will ridicule it to the core, do not be fooled, technology is advancing and Bitcoin is simply the most reliable better digital currency and a big headache for the banks.

Stay away from any Bitcoin FUD and always remember that Bitcoin has faced death so many times and still prevails, this is beyond stoppable for the haters now, the only thing they are capable of is the CBDC and FUDs.

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