Topic: AT THE END, ONLY YOU WILL BE RESPONSIBLE FOR YOURSELF - page 5. (Read 801 times)

The so-called experts tend to be behind on the market - when bitcoin was in a bull market, they were calling for $50,000 bitcoin. Now that bitcoin has been in a bear market, they have called for $1,000 bitcoin or less. They always overshoot or undershoot and follow rather than predict the market.

I prefer what I think can change my living conditions for the better, I think bitcoin is the way to achieve it, and because of that I choose bitcoin. Although many criticize bitcoin, but I don't need to worry about it because I believe in bitcoin.

That is why I agree with the adage that says " run your race"
In following people who we feel know better than us, there's the need to always follow wisely like the poster pointed out.
I have realized in the journey of life that no man knows it all.
And that is the reason why one should follow but not blindly.

There are even these jokes that scientists are not very good with predictions but economists are especially bad at it 
However, predictions are not always terrible. For example, once I thought that back when the previous longest bearish period was on, people must have been saying that that's the end of Bitcoin and stuff. When I actually sorted Google search by years, those predictions turned out to be pretty bullish, even though it's been a year if not more until Bitcoin actually started rising. And people were right back then. Or those who were wrong are just out of history now.
I agree with the OP, though, that relying on experts is trying to find someone else responsible for your actions, and that's not a good thing to do.

As mentioned by the above mate bitcoin as well the backing blockchain technology is truly an innovation of the era. Bitcoin serving as a base to the new financial system has made a lot of changes among the life of individual's living with its growth as well the volatility which were termed as the negative features of cryptocurrency by the people who prefer to stay on the safer side.

For every investment one has to make, they need to really dig deeper and gather factual information before spending any money for any ventures that they see promising. This holds true not only to cryptocurrencies but also to traditional assets as well. If no research has been done, no risks were assessed and nothing is correctly planned, it's basically just throwing money off of the window or giving it to someone else. As for Warren Buffet investing in bitcoin and crypto, we'll never know, but from the looks of it, he's just too old to care and the reward does not even please him should he ever make his jump into the cryptosphere.

Most people have seen bitcoin as a crisis prone investment due to the fact that bitcoin is highly volatile and it market is always on stable many attack the great invention but to me bitcoin is the highest revolution in the world financial system which has the capacity to transforme the financial life of any individual, what who ever believe about bitcoin has nothing to do with me cause am responsible for my financial life.

Right. It's still better to have a long research and study first before investing into such coins. We all have experts who come first before us but becoming knowledgeable have no limits so being knowledgeable in the first place is better than those who just come up investing because others are doing so. In the end, we make our own destiny so we should always do our best and aims for its best results.

soon or late they will enter cryptocurreny (i believe they already are)
they are smart guys and they know what is the future and what future will become.so im totally believe they are already in

It could be the Pyramid Scheme, but it also offers profits for investors to choose. Bitcoin is like other forms of investment like common stock. Its growth depends on the number of investors who know it and the number of investors investing in it.

Real believers knows every aspect to considered before taking their positions, I don't need to be bothered by whoever place their opinions about crypto, same with the title of this thread, It's my money so I account full responsibilities whatever happens it's me who will decide my fate.

We invest in Bitcoin because we see its potential to do something great in the future. Those experts might have been in the trading industry for a lot longer than we are but there are things that they lack. Just like you've said, we are responsible for ourselves. To be honest, I don't usually listen to experts in and our of cryptocurrency space. I research before going into something.

Who knows, maybe he is secretly investing in Bitcoin without making it public.

Not all, real hater will stay as hater no matter what is happening with bitcoin. They wont care if there are some good benefits, and they wont fall in love with bitcoin as they wont learn about it because they hate it already since the beginning. It is normal in this world, there must be pros and cons for something.

At first everyone hates bitcoin, but after a while they love him. That's because when they read bitcoin, they don't know what bitcoin is and what its benefits are. And after they learn bitcoin, there they feel in love.

I don't get this whole thing with Warren Buffet, people shouldn't be waiting on his 'god given' word of approval it's NEVER going to happen.

He said in an interview, for the MOST part he stays away from stuff like this in the tech sector, not because it's bad per se but because he doesn't understand it well enough and probably lacks interest enough in it to want to understand it well enough.

The guy has enough money, it's not like one day he's going to go, 'oh shoot I missed that Bitcoin train, I best put some money in crypto now to be safe.' No, it doesn't work like that and to think it does is to totally misunderstand how people with his type of wealth work.

Why do we all invest and hold Bitcoin, sure there's people out there doing it as a quick way to make some wonga but the majority of us are in it because we are PASSIONATE about the tech, the blockchain, how it can revolutionize the world's economy and the global banking system, how it can vastly improve so many different sectors and bring so much innovation. This is for the most part why most early adopters got in and why we're all around, then you have the sheep that follow.

The thing is Buffet is not a sheep, if you're waiting for the day that Bitcoin hits 1 MIL per coin and Buffet to go 'oh, I was wrong, that Bitcoin and Crypto, great investments, lap it all up while you can.'

That day is NEVER EVER going to come because he has nothing to apologise for and he wasn't wrong, he simply says that it doesn't fit into his investment portfolio, he ADMITS he lacks knowledge of the tech and investments in this tech sector so any bad comments (if there are any) that he's made have been made out of ignorance and a lack of knowledge.

I see comments about Crypto & Bitcoin and Buffet all the time, please stop, there's a lot of wealthy other investments who hold large chunks of Crypto that do understand the tech, you're looking at the wrong person to give approval or the nod of the head. It rattles me....

Who ever is the real follower of Crypto knows the benefits of crypto and in future it will surely come up and followed by everyone. So it is clear that who ever is investing now will be benefited in future as this price wont be seen in future when the bitcoin price move above $100k.

that still should NOT change YOUR mind

you are saying it yourself. YOU will be responsible for whatever. so it should not matter what Warren Buffet or anybody else is saying about bitcoin. you should analyze it yourself and only dump your fiat for bitcoin if you saw the benefit of that otherwise you should stay away even if others were doing otherwise!

When there will be growth in BTC price every statement against it will be take U turn, so just ignore such statements. BTC is into existence since 2009 and it has seen many ups and downs of this market, its still surviving and being widely accepted. Fudders are there to create fuds we need not to give them must attention and move forward. I remember it when BTC was around $1k and people used to say that it is very costly at this moment let the prize of BTC come down then we will purchase it but it never came back to their desired level and touched $20k. Its better to analyse BTC but it should be based on some facts.

Like others have said, Warren Buffett can pound sand. He has never been a technologist or interested in innovation. Instead, he's a value investor. He also invests in mainstream financial institutions, so that puts him somewhat against bitcoin.

Who cares what the Likes of Warren Buffet and the banks say? More and more people are starting to use bitcoin every day and that's what is important. Let them criticize bitcoin. They will look like fools, and many will not listen to them.