Topic: BEEN IN THIS GAME FOR 6 YEARS - page 13. (Read 2527 times)

Traders should be more observant and disciplined when it comes to trading. During recession, we should think critically and have a good decision making. Predictions resulted on a false expectations and can lead to emotional stress due to trading. We should educate other people the fundamentals in bitcoin to help them gain profit also. Although it is hard, we should work hard for them to understand it.

Congrats for being one of the forerunners in this community bro. You don't really need to tell them your pov and why you want them to join you in the venture, just, when the market reachest its highest, when the crypto replaces fiat, you can go and tell them, "Don't say I told you so", smash em in da face like that. I just joined recently and look at how I'm sad at how I didn't join immediately in the past when i got wind of the news about crypto.

your friends live their lives with their own thought and decisions, mate. I learned in my life few good habits : do not lend money to friend and do not give them advice about money.
that habits saved a lot of friends to me) so before giving advises about btc to your friends think twice, do you really need to do that?
cause, you know, if your advice could be bad, your friend will loose his money and guess who will be to blame?

People do have different mindsets thats why you cant blame anyone if they do decide to believe you or not. We have different impressions and insights and for those who believe would profit and the ones didnt care do regret out on missing the chance on making money but actually it isn't really that late to get involved into because we do know the potential of btc on upcoming years to come.
Educating others is somewhat hard but if its your target to spread out awareness on its existence then it isnt a bad choice either.

We can tell them more about bitcoin, but we don't have to force them to buy bitcoin, especially ask them to buy 1 full bitcoin. They are free to buy now or later, and they don't have to angry if somehow they are late to buy bitcoin because of bitcoin price is already increase. Some people afraid because of the bitcoin price changed in every day so they will not buy or join in bitcoin. The other people are a sceptic and don't want to open their mind to see a new thing that comes to them.

This is the reason why I said in another post that volatility can be considered as a two-edged sword...many people got into Bitcoin when there was a big news covering its pump (as well as dump) and honestly we all want to be a part of something that has a good growth curve ahead...who would want to buy an asset which is already considered worthless, right? In part, volatility is one of the big reasons for the early adoption of Bitcoin but later on we also understand that this volatility can be the big reason cited why many merchants and enterprises are afraid to be a part of Bitcoin. Of course, some people prefer to also be romanticized and that is where the facts, benefits and advantages of Bitcoin as cryptocurrency can be coming in.

I'm also been in this game for many years, but to be honest, I didn't want to "market" it to people, why? because I will get the same response as what you got. So I just keep everything on myself, although I try many times with my families and close friends but after that I completely shut off and didn't discuss it to them.

Most of the time, you will be butt-hurt with all the response you got (at least that's what I feel back then), and when bitcoin goes on a dramatic rise in 2017, some of them come forward and I said it's too late because we are in a bubble already. And I rub it to them saying that they should have invested before when I'm giving them a hint around 2015/2016 about the potential growth.

Most people distrust those things that they don’t understand. Bitcoin and cryptocurrency are quite difficult to understand for ordinary people due to their specifics,
in addition, people are quite lazy to understand all this.
The modern world appreciates speed and time, people need accurate numbers, they want to know how much they can earn on this, here and now.
Bitcoin does not offer them this, it offers profits in the indefinite future, which does not suit everyone.

That's how you think if you are looking at the future of bitcoin, it will be value higher thats ATH in the future and there's no way that it will crash.
I may not discover and invested earlier than you do but I still believe its still early at the time now to buy bitcoin and take the opportunity to earn in the long run.

No one would thought BTC would reach $20,000 at a short period of time during the last bull run, but it did happen, therefore we have to believe its future and will not underestimate it at the current status now.

This game's winners are those people who are willing to hold longer, that's what I see it.

I think that it's safe to say that the far majority of the people here entered into crypto because of the volatility and the money that can be made. Nothing wrong with that. It gives crypto something valuable to attract adoption with.

If there were no bull runs, there wouldn't be as many people here today. I found out about Bitcoin after 2013s bull run and had the luck that I didn't jump in right away, but waited until the price reached below $500 to start buying.

lmao.... had all people know that this would happen, there wouldn't be a market anymore---this market today barely handles a whale exiting a position, so imagine how hard it must have been back then with 10000 times less liquidity.

I entered the Bitcoin market way back in 2016 when the price was around $500 but I never fully understood at that time the implications and the many innovations that this cryptocurrency is about to bring to the whole world. Indeed, this is a great revolution and being a part of it is something an experience we should never underestimate. While it can be natural to look at Bitcoin as a great investment vehicle, we should not lose sight of why it came into being. This is something I am learning every day with Bitcoin and the whole cryptocurrency market.

Admittedly, I got here for financial reasons and at that time many programs were already demanding that users use Bitcoin. Had I known that Bitcoin will eventually reach the level that it is now, maybe I could have bought more Bitcoin but that is already in the past. Right now, we are again at the time when Bitcoin is about to make a big bull run which can happen in 2020 that is why I am saving all the Bitcoin I can get. It is good to be reminded about the full potential of Bitcoin from time to time.

Those who have been in this game for as long as 6 years are aware enough of the movements of the price Bitcoin. They know that despite all the price fluctuations one encounters along the way, the longer term will always be a world better. The prices of Bitcoin and so many altcoins a few years before were unbelievably cheap no member could have imagine it would balloon this high.   

People are skeptical during early years about Bitcoin and crypto even until now. We can't blame them not getting involve because of the high risk involve and yet it is. Crypto market offers valuable opportunities but traders have to be more educated and study the ecosystem very well to help lower the risk, with proper analysis the higher chance you will succeed.

Great post. I completely agree that we are in the early stages of a financial revolution that has potential to change the world. Now is the time to buy and disregard all the sort term bias, fud, or even technical analysis. If you don't have the time to learn about the inner workings of bitcoin then rely on it's fundamentals and act as a long term investor. Bitcoin has the potential to change the world and this has value.

With the upcoming halvening happening next year, it will surely be another upward push in value.

Lot of people are making price predictions and many years ago I did as well.However, I stopped thinking in fiat and only thought about stacking stats. In the end we are part of a financial revolution much like Tesla in cars- uber in taxis.The financial market is in a recession when you have bankers, government official telling you we are doing great it's to cover up the truth.

I told some friends in 12/2015 that btc in few years will be 10 k . I am no market analyst I just based it on scarcity. Those same friends bought in 2017 and called me thinking I knew what the next target is and I told them shit, I got lucky I have no idea. Four years later  and now I am thinking scarcity again and 95k in a few years is my next prediction because why not we all love a number to gravitate to.

In 2016 saw a youtube video, and in there was a Chinese mining operator that did not speak english well  but would say just buy 1 BTC and many people laughed at him dunno if it was because of his accent or because he was a miner  promoting BTC. I thought about that back than and realized that 1 btc is attainable at 500 usd.

I would tell family and friends and got  a response like I will wait till it comes down.  If those people listened 1 year later would have profited well. Now I tell friends  .1 BTC  I  think for many that is attainable, now the response is did bitcoin not crash. My point is that I think if we educate fundamentals which is tough we might win some hearts.