BEEN IN THIS GAME FOR 6 YEARS - page 7.

syamster

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Quote from: South Park on November 07, 2019, 02:35:15 PM

Quote from: Getmon on November 05, 2019, 09:38:23 AM

It is my lesson learned that in convincing people about Bitcoin you should not focus in the future. They will not be convinced about it. They are thinking about risk and what will happen to their money. Instead of your predictions which are not a guarantee nor even accurate, focus in the past. Let them see how Bitcoin is transforming into a billion dollar technology from a simple attempt to contribute to a little to change the world. Let them see how the $9,500 Bitcoin started from $0.00000.

I am not really convinced that is the best way to try to get people to adopt bitcoin, I understand that everyone understand the language of self-interest and showing how an asset went from zero to thousands of dollars is really impressive but in that case they will adopt bitcoin only for the material gains they could get, and while professional investors will have no problem managing their emotions when the price goes down the average person will not be able to cope with their emotions and will most likely sell for a loss and then they will blame you for it.

so for involving the average people in bitcoin we should not force them to invest money in bitcoin while they does not know anything about it, the first thing must be their interest we should develop their interest in bitcoin by introducing them in this forum, staying in this forum they will gradually learn about bitcoin and i am sure that they will want to invest in bitcoin after knowing everything about it. so in this way if something bad happened they will not blame you and also they will learn how to deal with their emotions.

wozzek23

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When I started it wasn't easy, I was only relying on faucets and the earnings were not much. I was making use of Xapo wallet and they had one really cool faucet app that I liked then. The faucet wasn't like all these ones that are annoying and filled up with adverts, and it was paying more than most of them and the payment goes straight to your Xapo wallet. It was fun playing around with it and I stopped doing it because of money but because of the fun I can have with it.

I even stopped checking my wallet and the earnings were growing and even increased more as price was going up, I never knew. The day I decided to check it out I was really surprised that I have made lots of money from faucets due to the price increase. Sadly they deactivated the faucet and other faucets I see these are completely useless. But I'm still happy that cryptocurrency have changed my life.

South Park

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Quote from: Getmon on November 05, 2019, 09:38:23 AM

It is my lesson learned that in convincing people about Bitcoin you should not focus in the future. They will not be convinced about it. They are thinking about risk and what will happen to their money. Instead of your predictions which are not a guarantee nor even accurate, focus in the past. Let them see how Bitcoin is transforming into a billion dollar technology from a simple attempt to contribute to a little to change the world. Let them see how the $9,500 Bitcoin started from $0.00000.

I am not really convinced that is the best way to try to get people to adopt bitcoin, I understand that everyone understand the language of self-interest and showing how an asset went from zero to thousands of dollars is really impressive but in that case they will adopt bitcoin only for the material gains they could get, and while professional investors will have no problem managing their emotions when the price goes down the average person will not be able to cope with their emotions and will most likely sell for a loss and then they will blame you for it.

bettercrypto

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Quote from: ecnalubma on October 13, 2019, 10:56:12 PM

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.

Of course, every people who are engaging in cryptocurrency is not really fanatic nor supporter at first. In fact, even pioneers were really skeptical when they began joining this industry. But first impression sometimes not last.
There are many opportunities opened in cryptocurrency and many people are helped or became successful because of cryptocurrency. This industry is a great place for us to be a millionaire. All we need to do is to believe in cryptocurrency, God and ourselves.
Because trading not only requires skill and capital but it needs time, dedication and our efforts.

Edraket31

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Quote from: Mometaskers on November 06, 2019, 09:24:49 PM

Quote from: BitHodler on October 14, 2019, 03:33:35 AM

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.

That's definitely one of the prime motivators for people to get into bitcoin. "Invest", take the profit and then get out. Got introduced to it around 2016 just in time to see it hit ATH a few months later. Boy that has set unrealistic expectations for me. Grin

I like to imagine that people are only taking out the "profits" and keeping in their principal (in BTC)

Price really matter for all of us, although I've been here before the bull run still doesn't mean that I don't care much about the price, agree with you, the price really matters. Check out those projects, the best way to market is to hype the price, to make some people profitable so that they can share it to their friends and relatives, this is the best way to make people curious actually.

Mometaskers

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Quote from: BitHodler on October 14, 2019, 03:33:35 AM

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.

That's definitely one of the prime motivators for people to get into bitcoin. "Invest", take the profit and then get out. Got introduced to it around 2016 just in time to see it hit ATH a few months later. Boy that has set unrealistic expectations for me. Grin

I like to imagine that people are only taking out the "profits" and keeping in their principal (in BTC)

meliodas

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Quote from: rose9696 on November 06, 2019, 12:02:34 AM

Quote from: K_os on October 13, 2019, 08:24:08 PM

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.

Certainly bitcoin is very hard to collapse because it has so many manipulative organizations behind it. Sharks make money on market manipulation, pump and dump.
This is a very important reason for the increasing value of Bitcoin.
But I think bitcoin will be difficult to last long as more and better technologies and transactions become faster, fees are lower. I'm worried for bitcoin when there's a new bitcoin with a similar mechanism but better yet, it's Bitcoin2. what do you think ?

I have been two years with bitcoin investment, I have faced with moment bitcoin goes down and up. Bitcoin always give surprise moment when bitcoin down can raise to higher price and can give solution for investor to get chance with bitcoin and altcoin investment, now I will focus my time with bitcoin investment and looking which site can give free way to earn bitcoin.

Bitcoin has always been like that. Bitcoin goes up and down and there is nothing we can do about it but to keep holding and believing bitcoin that it will bring a life changing price movement for us. It is better for you to diversify and don't purely rely on bitcoin as an investment or source of passive income because even though bitcoin has a lot of potential, it could still go down to zero so it is better to diversify to be safe.

rose9696

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Quote from: K_os on October 13, 2019, 08:24:08 PM

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.

Certainly bitcoin is very hard to collapse because it has so many manipulative organizations behind it. Sharks make money on market manipulation, pump and dump.
This is a very important reason for the increasing value of Bitcoin.
But I think bitcoin will be difficult to last long as more and better technologies and transactions become faster, fees are lower. I'm worried for bitcoin when there's a new bitcoin with a similar mechanism but better yet, it's Bitcoin2. what do you think ?

Getmon

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Quote from: AliMan on November 05, 2019, 09:54:12 AM

Quote from: Getmon on November 05, 2019, 09:38:23 AM

It is my lesson learned that in convincing people about Bitcoin you should not focus in the future. They will not be convinced about it. They are thinking about risk and what will happen to their money. Instead of your predictions which are not a guarantee nor even accurate, focus in the past. Let them see how Bitcoin is transforming into a billion dollar technology from a simple attempt to contribute to a little to change the world. Let them see how the $9,500 Bitcoin started from $0.00000.

So you're talking a brief history if bitcoin from zero to thousands, and now bouncing at $9K and above. In line to the scenario of convincing people, I guess it not important to exert an effort proving the importance of bitcoin for them, because it was just a waste of time. We need to treasure every moment for very important things, but for those non sense people who can't even listen for 1 minute, don't waste your time about it. Time will tell, and I think history prevails the truth over the latest price nowadays which could be more potential to reach a much profitable value in the near future.

You can actually roughly gauge whether a person is really interested or not. If it looks that he is not interested about the technology, try to start from where money is the main thing. You have abundant proofs to show to him that Bitcoin is indeed growing in value. He will become interested with it. And little by little you will insert an information or two about the features of Bitcoin. For sure, if you get his attention by showing signs of earning, he will also raise a few questions about the basics of Bitcoin.

jets567

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Quote from: cotton ball on November 05, 2019, 10:56:41 AM

I can't trust with any one else have prediction with bitcoin with higher or lower price, last discussing about anonymous picture prediction with bitcoin price past October raise $16k but bitcoin only have price under $10k. How come you can trust with very miss prediction which bitcoin and altcoin price still down, I think we prediction based on bitcoin news update and how bitcoin chart.

Price prediction have been in the trading industry (crypto or non-crypto) for a long time so it's really up to a person whether to rust it or not, what matters most is that we believe in Bitcoin and it's technology because it will bring a good future to anyone of us. I don't really care about the Bitcoin price fluctuation as long as Bitcoin stays forever though I'm very positive with it.

dunfida

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Quote from: cotton ball on November 05, 2019, 10:56:41 AM

Quote from: K_os on October 13, 2019, 08:24:08 PM

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.

I can't trust with any one else have prediction with bitcoin with higher or lower price, last discussing about anonymous picture prediction with bitcoin price past October raise $16k but bitcoin only have price under $10k. How come you can trust with very miss prediction which bitcoin and altcoin price still down, I think we prediction based on bitcoin news update and how bitcoin chart.

No one does but there are people who would really tend to follow up predictions by just relying on what are the things that do happen in the past.
They are connecting dots and even giving unrealistic numbers on where would prices would go.Market is always been unpredictable thats why
im not really a fan on being too bullish nor being bearish because nothing in future is certain.We cant predict on where prices would go but the important
thing should be bear on mind is that you do know to go along with the flow.

cotton ball

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Quote from: K_os on October 13, 2019, 08:24:08 PM

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.

I can't trust with any one else have prediction with bitcoin with higher or lower price, last discussing about anonymous picture prediction with bitcoin price past October raise $16k but bitcoin only have price under $10k. How come you can trust with very miss prediction which bitcoin and altcoin price still down, I think we prediction based on bitcoin news update and how bitcoin chart.

robelneo

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Quote from: K_os on October 13, 2019, 08:24:08 PM

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.

There's a lot of things happened in the last six years, we have seen and experienced the blast and the lows of the price, I have the same experiences like yours I urge my friend to buy or get more satoshis as the price of Bitcoin back then was $600, I myself never thought that the price of Bitcoin will hit an all-time high of $20,000, the price of Bitcoin looks predictable that it will only go higher, but we do not know when this is going to happen and will the dominance remains in the future, all I know is we are moving in the right direction.

AliMan

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Quote from: Getmon on November 05, 2019, 09:38:23 AM

It is my lesson learned that in convincing people about Bitcoin you should not focus in the future. They will not be convinced about it. They are thinking about risk and what will happen to their money. Instead of your predictions which are not a guarantee nor even accurate, focus in the past. Let them see how Bitcoin is transforming into a billion dollar technology from a simple attempt to contribute to a little to change the world. Let them see how the $9,500 Bitcoin started from $0.00000.

So you're talking a brief history if bitcoin from zero to thousands, and now bouncing at $9K and above. In line to the scenario of convincing people, I guess it not important to exert an effort proving the importance of bitcoin for them, because it was just a waste of time. We need to treasure every moment for very important things, but for those non sense people who can't even listen for 1 minute, don't waste your time about it. Time will tell, and I think history prevails the truth over the latest price nowadays which could be more potential to reach a much profitable value in the near future.

Getmon

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It is my lesson learned that in convincing people about Bitcoin you should not focus in the future. They will not be convinced about it. They are thinking about risk and what will happen to their money. Instead of your predictions which are not a guarantee nor even accurate, focus in the past. Let them see how Bitcoin is transforming into a billion dollar technology from a simple attempt to contribute to a little to change the world. Let them see how the $9,500 Bitcoin started from $0.00000.

stepwilli

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Quote from: K_os on October 13, 2019, 08:24:08 PM

--snip

Well you made a good prediction but what if the prediction you made now ends up not being accurate? I know that for sure the price of bitcoin will go up but I am only expecting the price to reach $50,000 during the next bull run, some even predicted as low as $30,000. We just don’t know what’s going to be, but one thing I know for sure is that after going up is still going to come down again, but the thing is I hope it doesn’t fall much.

I already bought some coins and saved them in my wallet for when the bull run comes. I bought bitcoin and I also bought stellar and a few other altcoins I believe are going to increase when the bull run comes. All the hype we have seen people make were all wrong, just like Bakkt and the rest of them. So, I’m thinking maybe December or around the time of halving. If it goes up December, then it might fall back after the halving.

South Park

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Quote from: Triffin on October 29, 2019, 03:43:02 PM

Quote from: South Park on October 29, 2019, 01:42:26 PM

This is a process we all have to go through, at the beginning we are inexperienced and we are very susceptible to the movements of the market, many aspirant traders never survive this particular phase and they lose their money and leave the market to never return, for the few traders that make it through then they learn that such huge and sudden movements in the price of bitcoin are simply part of it and if you can you should take advantage of them.

Instead of panicking, losing money and never returning to the market, I think the new users must need to get the opinions from their seniors as the old users know everything about bitcoin’s price and the old users will give them good suggestions for controlling the panic situation, with the time new users are introducing in the market so it is not good that they left the market just after their entrance.

But that is the thing, it is impossible to control yourself when you are panicking and it is why old users recommend to new traders to think very well before they make each trade because if they don't do it and the market begins to become adverse they will panic, and when you panic you take very bad decisions, and even more importantly you get to suffer the consequences of those decisions and when it comes to investing those consequences can last for years or even a lifetime.

smyslov

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Quote from: K_os on October 13, 2019, 08:24:08 PM

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.

There are still fear in their heart because Bitcoin portrays Bitcoin as an investment scheme like Ponzi scheme, and they have read a lot of reports about market crash, if they see the advantages outweighs the disadvantages they are going to will invest, but honestly I don't like people to come in because of the profit I want to understand the technology behind it, because they will get lose if they don't understand it.

DaftAjax

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Quote from: Triffin on October 29, 2019, 03:43:02 PM

Instead of panicking, losing money and never returning to the market, I think the new users must need to get the opinions from their seniors as the old users know everything about bitcoin’s price and the old users will give them good suggestions for controlling the panic situation, with the time new users are introducing in the market so it is not good that they left the market just after their entrance.

OR these so-called "seniors" would lead you into a trap, take advantage out of you and get scammed at the end. Now, disclaimer, I don't mean to say that all of the "seniors" would act like that, in fact, many of them would try to give you advice and suggests certain topics for you to read and get familiar with. But nevertheless, scammers/swindlers also lurk in this forum--hence precaution is highly advised, don't trust anyone that easily.

Now on another note, when it comes to trading, gambling, etc. it's not really a good idea to copy methods of certain people, as they will not work every time or they only use these methods because they're comfortable doing it. You need to experience it yourself, I'm not saying you should intentionally lose what you have but try different things and see what's worked for you.

Triffin

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Quote from: South Park on October 29, 2019, 01:42:26 PM

Quote from: bitbunnny on October 25, 2019, 04:29:05 AM

Experience makes us more calm and rational. Smart in making decisions too.
I'm also involved in Bitcoin from 2013 and since then Bitcoin went through different phases, many hard and good times. That is why it's funny for me to see people panicking becuse of few hundred dollars that price went down. Bitcoin has its own cycle that will always follow, don't forget that.

This is a process we all have to go through, at the beginning we are inexperienced and we are very susceptible to the movements of the market, many aspirant traders never survive this particular phase and they lose their money and leave the market to never return, for the few traders that make it through then they learn that such huge and sudden movements in the price of bitcoin are simply part of it and if you can you should take advantage of them.

Instead of panicking, losing money and never returning to the market, I think the new users must need to get the opinions from their seniors as the old users know everything about bitcoin’s price and the old users will give them good suggestions for controlling the panic situation, with the time new users are introducing in the market so it is not good that they left the market just after their entrance.

Topic: BEEN IN THIS GAME FOR 6 YEARS - page 7. (Read 2498 times)