Topic: Do not get discouraged by the current price of Bitcoin (Read 1689 times)

In most countries, the government is trying their best to first make people think that Bitcoin is something bad and they shouldn't get involved in it only to scare them away from it because they can see the growing popularity of Bitcoin worldwide and they understand that the change will hit their country as well in the near future, but before they legalize and regulate it, they want to try and keep it away from their people.

This only happens in countries where government officials aren't willing to allow people to manage their finances themselves because they want to keep them under control and they can only do that if their people are bound to use their provided financial institutions so that they can see and observe what every individual is doing.

Since Bitcoin is a volatile asset and is not price-stable, it is bound to fluctuate between decreases and increases due to various influencing factors and reasons. Indeed, its capabilities, the technology behind it, its limited supply, reliability, and widespread popularity make it one of the best and most profitable long-term investment options. Bitcoin has gone through many cases of stagnation over past eras, yet it has consistently rebounded strongly and overcome all the obstacles that caused its price to deteriorate. Whoever has faith in the future of Bitcoin will undoubtedly not be discouraged by its current price, negative opinions about it, or its price diverging from predictions or analyses. Whoever has a long-term mindset and takes advantage of every price drop to increase his quantity will undoubtedly one day achieve what he desires in terms of returns that may change his life for the better.

I am also quite sure that governments from various countries have also realized that Bitcoin is an asset that is starting to attract the attention of many people, especially large investors and large companies. So the government cannot do anything to stop the development of Bitcoin itself because Bitcoin is not the same as any other asset in the world, including fiat money.

Since Bitcoin is a volatile asset and is not price-stable, it is bound to fluctuate between decreases and increases due to various influencing factors and reasons. Indeed, its capabilities, the technology behind it, its limited supply, reliability, and widespread popularity make it one of the best and most profitable long-term investment options. Bitcoin has gone through many cases of stagnation over past eras, yet it has consistently rebounded strongly and overcome all the obstacles that caused its price to deteriorate. Whoever has faith in the future of Bitcoin will undoubtedly not be discouraged by its current price, negative opinions about it, or its price diverging from predictions or analyses. Whoever has a long-term mindset and takes advantage of every price drop to increase his quantity will undoubtedly one day achieve what he desires in terms of returns that may change his life for the better.

Yeah, don't get too down about Bitcoin's current price. It's known for its wild price swings, going up and down a lot. What matters more is the long-term potential and the technology behind it. Many believe in its future and see current dips as opportunities to buy at a lower price. Just remember, investing in Bitcoin should be done with caution and as part of a diversified strategy. Keep an eye on the big picture, not just the day-to-day fluctuations.

It's not surprising that those who don't understand Bitcoin have even been disappointed by saying that, and also for those who think that businesses that don't have a physical form are of course legitimate, they think like that, but for Bitcoiners who already understand it, this is an opportunity. to gain financial freedom, because from its inception until now the accusations leveled at bitcoin have not been proven, even the government seems unable to stop it

Bitcoin's price can be unpredictable after halving events. History shows there's often a dip followed by a recovery. Holding steady or buying more during these times can pay off in the long run.

Sometimes we don't need to listen or blame people who think Bitcoin is a scam, because it has appeared a long time ago when Bitcoin started to get a lot of people's attention and these people may be confused or don't get the right information about why Bitcoin's price fluctuates, fiat also experiences the increase or decrease in intention compared to other fiat but it is not as big as Bitcoin, and what makes people start to say or also think Bitcoin is a scam when the price starts to fall when people think the price will continue to rise. Not only is Bitcoin a scam, but the Bitcoin bubble is also spreading to people, not just those who work in government, and we shouldn't have to worry about this.

People think the holding of Bitcoin is a challenging thing because their decisions are not strong and they are easily affected by the market changes. If their trust remains solid then they will not consider patience as a challenging thing because they will easily wait with a trust that it will grow further but time will be required.

Those who have invested at the worth when it was dropped to 26k$ are very lucky because they are in great profit while those who have invested below the rate of 60k$ are also in profit but the percentage of profit is totally dependent on the timing and worth of buying.

Your informative presentation was very nice. We really have no choice but to be patient now while we hold Bitcoin but it is a very challenging thing indeed. We are really stuck on when the price of Bitcoin will go up and waiting for a good profit. Those who have held in the past few days have already taken their profits. The fact that the more bitcoins people hold and the longer they hold the more they profit is what motivates me to hold bitcoins.

As long as your holdings are with you, you have nothing to worry about because, as we all know, bitcoin does not have a stable price. This is something that people who invest in Bitcoin should be aware of because the price of Bitcoin fluctuates every second and is constantly recording new prices. The longer the investor, the more expertise he or she has gained, therefore for the past few months, the price of bitcoin has been hovering around 69-70k. and we are still expecting bitcoin to go higher when you are expecting bitcoin to go higher is when it will be coming down and it will go higher when you don't even expect it, and when it starts going higher it gives the investor joy.
 

But whether you just started or you are a long-time investor, when the price is not going in your favor, it will still get you worried because all your thoughts are going to be around when is the price going to go up, there is no way you are not going to get worried, you will always find your self checking the market except if you are into trading, the way traders live their lives is just amazing because if you want to be seriously into bitcoin, either trading or even holding, its not easy to be patient but you just have to take it that their is no other means the only means is going to be for you to be patient. just imagine those who have been holding bitcoin since, and they have waited patiently and by now they would have made their profit.

One of the main reason why people usually sell off their bitcoin is because of a lot of discouragement people usually discourage their fellows because of how bitcoin is so scary to them and maybe one or two issues that they have passed through or some losses because of the reduce of bitcoin or when the market falls a little bit and this the usually use it as a statement to understand much about bitcoin and secondly bitcoin is not something that you should be scared of yes it's a digital currency and you are not expecting it to be as stable as our local currency because a lot of market fluids is going in and out on it so it is always advisable to be come and with for the markets to go high if you find any loss in your portfolio bitcoin is not something that you think it is it is more than what you think it is a high profile digital currency that is leading to be a greater one tomorrow

Sometimes we don't need to listen or blame people who think Bitcoin is a scam, because it has appeared a long time ago when Bitcoin started to get a lot of people's attention and these people may be confused or don't get the right information about why Bitcoin's price fluctuates, fiat also experiences the increase or decrease in intention compared to other fiat but it is not as big as Bitcoin, and what makes people start to say or also think Bitcoin is a scam when the price starts to fall when people think the price will continue to rise. Not only is Bitcoin a scam, but the Bitcoin bubble is also spreading to people, not just those who work in government, and we shouldn't have to worry about this.

You should not blame anyone who says bitcoin is a scam, but you have to understand very well that bitcoin is not a scam but people who is around and who is not care and ready to see Bitcoin as a sincere currency or a legit currency will think that cryptocurrency mostly Bitcoin is a scam, why when you go deeply to understand the procedures of Bitcoin you will know very well that bitcoin is not scam, the people who always bring up this kind of matter of bitcoin that bitcoin is a scam is people who always be in government or politicians, before I started investing in bitcoin even began to accept Bitcoin in my business, I have already made a proper research of Bitcoin.

Don't give your time and attention on them. They're going to get tired of telling that for most times. They're not going to benefit from it and they're not also beneficial to the community.

Bitcoin has been dealing with all of their bs for so many years and now, those that have even told her about being a scam is probably one of the holders nowadayts.

Those people will regret their wasted effort and time. Instead of holding and accumulating while it's not yet soaring to the prices that we're waiting for, they're doing all of these nonsense talks.

Don't give your time and attention on them. They're going to get tired of telling that for most times. They're not going to benefit from it and they're not also beneficial to the community.

Bitcoin has been dealing with all of their bs for so many years and now, those that have even told her about being a scam is probably one of the holders nowadayts.

Those people will regret their wasted effort and time. Instead of holding and accumulating while it's not yet soaring to the prices that we're waiting for, they're doing all of these nonsense talks.

If there are still a group of people who still dare to say that Bitcoin is a scam as you mentioned above, of course they cannot benefit from Bitcoin as a cryptocurrency which is trusted by many people, both as an investment asset in the long term and can also be used as a trading.