Benefit of bitcoin - page 5. | Bitcointalksearch.org

jeraldskie11

sr. member

Activity: 1246

Merit: 356

Quote from: Onyeeze on May 31, 2023, 02:36:12 AM

1) From what I have observed in bitcoin its a financial relief when you know the secrets behind the uses of bitcoin and some of the investment.

In my opinion, even though there many ways of the best use of Bitcoin but trading and investing is the main thing for financial relief. Investors are getting rich because of Bitcoin in just few years compared to their outside businesses especially if they know the secret behind it. In trading, I know it's difficult but if you're really a disciplined person there's a higher chance to be successful in this journey even if you're newbie.

Quote from: siedemtrzy on May 31, 2023, 02:46:13 AM

If you want new people to know about the advantages of Bitcoin then it's not the place, we all here know that. But your points are valid, can't deny that.

But still you can recommend this forum to ask their personal questions about cryptocurrencies especially Bitcoin.

Z390

sr. member

Activity: 714

Merit: 296

Cashback 15%

The end of Bitcoin is in the hands of it's adopters, and it's impossible for everyone to think the same and give up on Bitcoin at the same time, this is how crazy it gets with Bitcoin, the decentralized works as planned, even if a bunch of people decides to hate on Bitcoin and sell their coins some people will buy from them.

Panic, FOMO, and FUD all have a major role thet play with the crypto market, it will take a very long time to finally understand how Bitcoin and the crypto market works, it took me more than a year and I had to live through a bear market to understand the importance of bear market and the Bitcoin halving.

In order to make use of every opportunity that might come your way, you have a lot to learn about bitcoin before you can think that you will get what you won't within months.

mendace

sr. member

Activity: 462

Merit: 603

Pizza Maker 2023 | Bitcoinbeer.events

Quote from: Onyeeze on May 31, 2023, 02:36:12 AM

I think other writers has outlet the benefits of bitcoin and none benefits of bitcoin before, I don't need to praise bitcoin much because its just a technology and anything can interrupts the chances of it prolonging values.
1) From what I have observed in bitcoin its a financial relief when you know the secrets behind the uses of bitcoin and some of the investment.
2) bitcoin have some of disadvantages which we are not supposed have all our hope in bitcoin, sometimes the mistakes of people lossiing in bitcoin investment is as a result of improper explanation and orientation when coming to invest in bitcoin.
3) bitcoin is like a life bencher for lawyers, why in financial aspects bitcoin is a freedom it doesn't have who control it.
4) having much benefit in bitcoin is when you know the good time to invest in bitcoin, like sometimes profit in Bitcoin investment is determination by the amount used for invest.
5) I want new people to know that the advantages of bitcoin investment is higher than the disadvantages if you take your investment plans serious.

Point 4 is totally subjective because as far as I'm concerned, there's no point in waiting for the price of Bitcoin to go higher to make a good profit. There are 2 types of Bitcoin investors the one waiting for the gain and the one waiting to pay in sats.

tranthidung

legendary

Activity: 2170

Merit: 3858

Farewell o_e_l_e_o

Quote from: Onyeeze on May 31, 2023, 02:36:12 AM

1) From what I have observed in bitcoin its a financial relief when you know the secrets behind the uses of bitcoin and some of the investment.

It is very stressful for newbies who need many months and maybe four to five years to understand about this market. It's not easy and financial relief. They must understand the market psychology but it is not easy. News are used to manipulated this market because news can affect human emotion and psychology.

Understand market psychology will help you to be less panic with bad news and less FOMO with big news.

Rest points of your post are not interesting and some points overlap each other.

wahyuagung26

full member

Activity: 448

Merit: 158

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: Onyeeze on May 31, 2023, 02:36:12 AM

4) having much benefit in bitcoin is when you know the good time to invest in bitcoin, like sometimes profit in Bitcoin investment is determination by the amount used for invest.

So from your statement, a little conclusion can be drawn that those who want to invest must pay attention to the right time to invest, and this method is done by everyone who invests in bitcoin because it moves them into the realm of profit, but this does not happen to all Investors, whether they are large or medium investors, those who know when the time is right, of course they have enough knowledge and experience in this matter.

And we suggest a little for Investors who so far haven't got the perfect target they want, as well as having to know about the realm of charts and market lines, and from this it requires that they should have the knowledge to jump into Bitcoin Investment because knowledge is an important aspect for profit. them, and the experience they will gain over time.

Quote from: Onyeeze on May 31, 2023, 02:36:12 AM

5) I want new people to know that the advantages of bitcoin investment is higher than the disadvantages if you take your investment plans serious.

Maybe the profit aspect will outweigh the losses they get from a Bitcoin Investment, but there is also a need to know about the full loss, because it has a big impact on someone, and to be honest you are responsible for your own digital assets, but we have seen so far Losses are rare, and maybe this happens because they adhere to long-term investments so losses are prone to occur, and they choose to keep holding when prices are correcting in the market.

348Judah

hero member

Activity: 714

Merit: 521

Quote from: Onyeeze on May 31, 2023, 02:36:12 AM

I think other writers has outlet the benefits of bitcoin and none benefits of bitcoin before, I don't need to praise bitcoin much because its just a technology and anything can interrupts the chances of it prolonging values.

Anything like what?
Government?
People?
Centralized Institutions?
Hack?
Scam?

As far as am concerned, nothing can stop the progress of bitcoin, not even the government, as far as bitcoin network still maintain the same protocols it works by on the blockchain.

Quote from: Onyeeze on May 31, 2023, 02:36:12 AM

2) bitcoin have some of disadvantages which we are not supposed have all our hope in bitcoin, sometimes the mistakes of people lossiing in bitcoin investment is as a result of improper explanation and orientation when coming to invest in bitcoin.

All this you stated aren't a disadvantage of bitcoin because each individual is responsible for the bitcoin they hold, you cant blame the government or banks for being responsible if you lost your money or got attacked, if you lost your bitcoin or risk it under attack that's your own fault and vulnerability.

Quote from: Onyeeze on May 31, 2023, 02:36:12 AM

3) bitcoin is like a life bencher for lawyers, why in financial aspects bitcoin is a freedom it doesn't have who control it.
4) having much benefit in bitcoin is when you know the good time to invest in bitcoin, like sometimes profit in Bitcoin investment is determination by the amount used for invest.
5) I want new people to know that the advantages of bitcoin investment is higher than the disadvantages if you take your investment plans serious.

But i taught you're to enlighten more on the disadvantages of bitcoin but now seing you talking about it advantages, which means even tou cannot figure out any disadvantage related to the use of bitcoin since the whole opportunity with bitcoin adoption is on a decentralized p2p network, which means by default you're in charge of your digital finance.

siedemtrzy

jr. member

Activity: 76

Merit: 1

If you want new people to know about the advantages of Bitcoin then it's not the place, we all here know that. But your points are valid, can't deny that.

Onyeeze

full member

Activity: 504

Merit: 154

I think other writers has outlet the benefits of bitcoin and none benefits of bitcoin before, I don't need to praise bitcoin much because its just a technology and anything can interrupts the chances of it prolonging values.
1) From what I have observed in bitcoin its a financial relief when you know the secrets behind the uses of bitcoin and some of the investment.
2) bitcoin have some of disadvantages which we are not supposed have all our hope in bitcoin, sometimes the mistakes of people lossiing in bitcoin investment is as a result of improper explanation and orientation when coming to invest in bitcoin.
3) bitcoin is like a life bencher for lawyers, why in financial aspects bitcoin is a freedom it doesn't have who control it.
4) having much benefit in bitcoin is when you know the good time to invest in bitcoin, like sometimes profit in Bitcoin investment is determination by the amount used for invest.
5) I want new people to know that the advantages of bitcoin investment is higher than the disadvantages if you take your investment plans serious.

Topic: Benefit of bitcoin - page 5. (Read 580 times)