Topic: Bitcoin is for everyone but not everyone will be for Bitcoin - page 2. (Read 872 times)

You are entitled to think whatever you want, however one of the aspects that differentiates a good investor from a bad one is their ability to see things through the eyes of others and avoid focusing exclusively on their own vision, it is undeniable that ethereum can give profits for those that invest in it, as the results are there for everyone to see, but bitcoin is too strong to be surpassed by it, the narrative which existed a few years ago about bitcoin and ethereum flipping positions is over, it will never happen, and it will never happen because while ethereum is being used to invest in all kind of shitcoins bitcoin is actually used to pay for stuff people want, making it many times more useful than ethereum will ever be, and with this in mind it is impossible for ethereum to ever surpass bitcoin.

 I think people will get interested as long as it involves money and have a lot of testimonials that they are earning this amount of money because of bitcoin . This is usually the reason why people are going unto bitcoin.  I agree to those interest since people will risk money to gain more profit. Also sometimes curiosity kills but when you learn from your mistakes you could also earn profit from that

Same as we before we didn't have any interest before knowing that this is new to us but guess what happen next? Curiosity starts when we see the value of bitcoin starting so I guess those people who don't have interest need some push since sometimes some of them just don't know on where to start since if they have little knowledge about it for sure they will risk something just to  get some bitcoins and used it for investment or anything where you can use it.

This is a matter of self preference when it comes to market.
Some do like forex, whereas, others don't like to get involved with crypto.
But definitely most users here in the forum are in for crypto trading.
Now, it is up to you how you will enrich your knowledge when it comes to crypto.
In this forum alone, you will already gained tons of info ranging from compiling wallet, creating token, mining, and so on.
It is on your prerogative what path you will take when you are in this market.

Of course, it's unnecessary and wrong to compel or vehemently try to convince people to join the Bitcoin network, you can prolly talk to them about it, but you'll have to allow them make their own decisions, the network is very volatile, and if you manage to convince some of this "weak hands" investors to put some of their funds in Bitcoin, when there's a plunge/correction, they'll either panic sell, make losses and then blame you at the end of it all. About people using Bitcoin to commit fraud, that's not really a problem with/for the network, Fiat has always been used for all sorts of fraud and racketeering, thus it's up to individuals to protect themselves.
This could prolly be true, but mind you that it doesn't make Bitcoin a get rich quick scheme, investors must be aware that patience is very much needed in the network, if one is looking for quick profits, then they should seek pump and dump coins, but their chances of loss would be higher than that of profits with those shitcoins.

First of all, it depends on the desired or the interest of the person. If he isn't interested in Bitcoin, he won't learn about Bitcoin seriously. Then, how does he gain from Bitcoin? I never think Bitcoin is for everyone, many people even have no interest to have Bitcoin. It is the fact, we cannot expect much from those people who have no desire for Bitcoin.

It's a fact like that, there will always be people who are not interested in Bitcoin and we can't force everyone to like Bitcoin. Sometimes there are
even people who hate Bitcoin, and will spread negative news about Bitcoin. Even more sadly, there are people who commit fraud using Bitcoin,
so Bitcoin looks bad in the eyes of ordinary people. I think everyone is free to decide whether to invest in Bitcoin or not, because Bitcoin was created
for everyone, but not forcing everyone to accept it. So it's really lucky for people who believe in the future of Bitcoin, and decide to invest
in Bitcoin. Because based on my experience in the crypto world, if we trust Bitcoin and invest in Bitcoin, it will open the opportunity to be rich.
Because Bitcoin is proven to have made a lot of new rich people.

Not all have an interest in Bitcoin that is why we can see that not all are going to listen if someone talks about it, they apparently just ignore it and go. In fact, even poor people had even going to find a way just to invest in Bitcoin and have their hopes, however, they are really unfortunate that they can't buy more. This seems to be unfair, right? But, we also have to think that not all have been destined to become rich nor to become poor that is why we have to accept that life isn't fair all the time. So, while we still have the chance to invest in Bitcoin, we better make use of those and never missed them.

There is no doubt in what you have said, people keep hearing of all this beautiful testimonies and yet some don't care, some care but do not have the resources and some have struggled to learn but can't. These are the dynamics of life. But, most times what deter people is the struggles involve in learning and so they look for what they deem easy.

But with time I believe a lot of persons will move into crypto because it is the future and a lot of person are seeing this and coming to that realization.

People are going to do what they want to their level of comfort, and so surely it takes a long time for people to become more and more comfortable when it comes to allocating into bitcoin.

I used to suggest buying BTC at $10 per week, but it seem like a more aggressive approach might be needed.. which is at least $100 per week, if you can afford it.. also I used to suggest starting out 1% to 10% allocation in bitcoin, and I have now changed that to 1% to 25%, and of course, each of us is responsible to do our own research, even though more aggressive accumulation of BTC might be warranted these days as compared to in the past.. and furthermore the justification for a more aggressive approach to BTC accumulation likely shows that the investment thesis for Bitcoin is stronger, and more people are learning about it.. so the prices are going up whether the various normies jump on board the bitcoin train or not.


It would be dumb as fuck to invest much of anything into those shitcoins.  Figure out your bitcoin strategy first.. and then once you establish a solid bitcoin strategy, then at that point maybe consider getting into shitcoins.. but I imagine that if you actually establish a pretty solid bitcoin strategy, you will realize that you do not need shitcoins in order to supplement your bitcoin strategy because there are not any shitcoins that are really adding any value... but of course, each of us has to consider those kinds of matters for ourselves, even if we come to the dumb conclusions in believing that shitcoins can actually serve as long term investments when they are largely smoke and mirror crapola.. that might work for a short term gamble rather than a long term investment.


Fuck the idea of crypto.. focus on bitcoin....Keep your eye on the prize and the valuable asset not crap.

Whether you are rich or you are poor, you can establish a strategy, and sure if you are poor, it may welll take longer to build up a strategy and to build the value of your bitcoin holdings, but you need to start somewhere, and if you whine about ONLY the rich get richer, then you are bound to miss opportunities that bitcoin provides to at least improve your lot, even if you don't become rich, bitcoin does provide a vehicle to provide opportunities to improve your lot.. especially if you attempt to take prudent strategies, and even if you cannot buy $100 a week, do what you can, such as $10 per week and figure out your situation in terms of if you might be able to increase your investment amounts in the future by either cutting some of your costs or increasing your income or a combination of such.,. including attempting to plan and strategize around your own particulars.. even if they might be more limited than the circumstances of some other folks..

Personally I dont think Bitcoin will be "the cryptocurrency". Etheruem and Polygon seem to be good competitors to be "the cryptocurrency"

It all matters with perseverance and effort because you couldn't really achieve something if you dont really set up goals or targets on your own and if you do intently to make your life a bit
ahead or have that financial freedom then it is just right that you would really be putting up some goals but ofcourse it would really be needing that extreme effort.
It doesnt really need to start up big and same as you said that you could build up yourself gradually until you do able to reach the state where
everything becomes big and scattered.

Not true at all....

A lot of rich people started small and they worked hard to grow a business and then expand that business into a franchise and they eventually end up with a chain of shops and empire to be proud of...

I started with Bitcoin sucking on faucets, because I did not trust the technology and I doubted it's future... then I researched the technology and understood the risk and gradually bought small amounts of bitcoin.. until I accumulated a few coins and those coins became valuable over time. 

Unfortunately this is a price we have to pay, some have suggested that we need some form of control about the new coins that are being released but that will inevitably create a centralized point of failure that governments will exploit, so we have no option but to leave things as they are, so shitcoins are going to be with us for as long as this market last, so the only thing we can do to reduce their impact is to try to raise awareness among those that enter the market for the first time so they do not lose their money in this way.

For instance, I can represent myself. I am from Bangladesh, where crypto is banned. But govt. allow it for basic works. In total, there is now a mixing situation in our country. The media said that it's illegal but we can use it openly. From this situation, we don't buy any crypto directly. We need to pay higher rates to buy bitcoin or other coins. There is a financial barrier that we are all facing who are in this market.
Many freelancers do blockchain works for clients that come from around the world, but there is no crypto startups in here. Many peoples have the idea but the govt will not allow it for open operations.
So yeah, Everyone is not for Bitcoin.

That actually find ridiculous but that is the reality.
Some people become hopeless and just ignore Bitcoin as they know that they can't afford to buy them. Maybe some just don't mind it for they got influenced by negative mindsets. it was to know that Bitcoin is only for the risk-takers which we could assume that not all are risk-takers as well. So, for those who are investing in Bitcoin now, they are too lucky as they have the experience and learning about crypto. This is not all about earning money, investing, but this is also driving for a better and very comfortable experience.

I agree with you.  I really remember the journey of some new coins because I invested from still price of 1 USD to hundreds of USD.  However, Shitcoin undermines people's trust to engage and invest in crypto.  Regarding the thread that was made that not everyone is for Crypto, it's actually not entirely true, especially if it is associated with limited capital to invest.  I am one example, I even had 0 USD to be able to get a few USD from the crypto market.  At least there is a will and intention to develop is the key to success in the crypto market.

Bitcoin at its current price is a very great price regardless of any country you are in but the purchasing power might be different and the house you will be able to purchase with that amount perhaps wouldn't do much in another country.
I'm not saying you are poor, I don't know you or where you are from but you have just prove this point to me, my second argument here.


As much as I don't like Altcoins, stick to bitcoin and hodl, you never can tell exactly what the future holds for this asset. Don't sell your btc because it's having a high price now.

May I join the "fuck shitcoins" bandwagon? I do not invest into them all that much but I still hate them because they make it so hard to make a profit and convince other people to join in. People see them either making a ton of money and consider it a scam (which they do look like one) or they see people losing it all and they think it is a scam (which most of them are).

So, shitcoins are actually the reason why crypto is not adopted faster in the world right now. Nobody says do not create brand new stuff, there are tons of coins and tokens that gets start and become huge, things like sol, matic, avax are all "new" when you look at it, even cake and uni is not too old. These are all 2-3 year old coins and they have risen to top 10 levels. So I have to say that there is a room for new projects, just not the shitcoin ones that barely get any traction.

there are many beginners out there who have very high expectations on Bitcoin, all they think about in bitcoin is profit, and that is a dangerous thought. Bitcoin is very suitable as a long-term investment and cannot be used as a daily income. those who have families must have a steady income from outside in order to survive when investing in bitcoin because the price of bitcoin is very volatile.