Topic: EXPECTATION Vs. REALITY Bitcoin in the Eyes of the People! - page 5. (Read 19902 times)
I am very sad to realize that most see only profit in investing in bitcoin. But they do not pay attention to what prospects the technology has and how it can change our modern world. I hope that over time, such investors will be interested in blockchain for real and begin to understand it.
For some reason, many believe that cryptocurrency is a way to earn fast money. But people who think so do not achieve success in this area and only lose their money, blaming all the trouble the technology itself. Therefore, it is very important to study this area before investing your money here.
The cryptocurrency market is a huge world that has a huge number of pitfalls. And you need to devote a lot of time to study bitcoin and the entire market, so as not to get under the risks and save your investment.
The main problem is that people really do not know much about cryptocurrency, but just make money on it. But without understanding how it works and why cryptocurrency was created at all, you will not achieve success, but only expose yourself to risks.
you are right if you want to success you need to learn from your failed experiment, if you not, i think you will never success in your entire life, yous image illustrations is very good, it tell us about the people right now that have interest about the info about when tu buy and sell than knowing about bitcoin
There is no shortcut in success!! That powerful word teach me a lot of things in life..
The success of Bitcoin brings good fortune for every people around the world who are using it since when it was started, because they've study a lot the foundation of this coin, from day 1 up to this present day..
Behind the success of all the people who've understand Bitcoin is a contrary with the present situation of every new comers in this so called "Crypto World" because those people who posses the knowledge about cryptocurrency taking advantage of people's ignorance and wrong perspective about cryptocurrency..
Well, I'm not a good writer but I just want you to think, think and think before you enter this world called "CRYPTO."
The success of Bitcoin brings good fortune for every people around the world who are using it since when it was started, because they've study a lot the foundation of this coin, from day 1 up to this present day..
Behind the success of all the people who've understand Bitcoin is a contrary with the present situation of every new comers in this so called "Crypto World" because those people who posses the knowledge about cryptocurrency taking advantage of people's ignorance and wrong perspective about cryptocurrency..
Well, I'm not a good writer but I just want you to think, think and think before you enter this world called "CRYPTO."
Most of the people wants to earn money in an instant, but they do not want to take the right steps thats why many get to the wrong way. In bitcoin although it is an instant money, there are a lot of things that you need to understand about it because there are many terms that has different meaning from what you know.
A large amount of people want an instant fix - they don't necessarily want to understand the mechanics behind what is making them money, purely that it is. They want people to tell them what to do and when to do it, not learn how to do it themselves
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There are so many people here that only depends on what they see. And jump into cryptocurrency without any knowledge about it. Those people thinks that they can get easy money. But in the end they lose money simply because they jump into bitcoin without knowing the risk that can happen.
Unfortunately this is a huge problem at the moment. this is why bitcoin and so speculative because it is just what they expect from it. we must change our attitude to it so that this technology develops
Expectation on Bitcoin by people are very high and they think they will earn huge profits by just investing in it. It is not like as it is. Every trading has some Pro's and cons and same applies to bitcoin we need to wait for some period of time and be smart to sell the coin on correct time when market is at peak.
Always Expectation cannot become Real.
Unfortunately this is a huge problem at the moment. this is why bitcoin and so speculative because it is just what they expect from it. we must change our attitude to it so that this technology develops
Yes, but such a reality. How to manage your money every person decides for himself. Nobody forbids beginners to learn, gain experience and develop skills in trade. Just need to take this moment into account.
Everything works on this principle, and not just the crypto currency market. And the desire to learn and earn of every newcomer in the crypto world depends only on himself. Choose who you want to be, an ignorant novice or an educated and intelligent trader.
PS: My post is written primarily for beginners!
In general, I fully agree that it is necessary to significantly raise the level of people's knowledge about the blockchain and crypto currency.
Everything works on this principle, and not just the crypto currency market. And the desire to learn and earn of every newcomer in the crypto world depends only on himself. Choose who you want to be, an ignorant novice or an educated and intelligent trader.
PS: My post is written primarily for beginners!
In general, I fully agree that it is necessary to significantly raise the level of people's knowledge about the blockchain and crypto currency.
Another expectation is the way those double coin pronzi schemes provide a sort of trust into some new Crypto member.
The greed to achieve some quick profit ameks them vulnerable to these scams. It is so easy nowadays to scam newbies these days as they dont want to understand what's behind crypto, how it works, how they have to act and be self aware of the unlegitm companies out there trying to get your balances without you knowing what your heading into.
Everyone should know what they are heading to and what / how you can afford to lose everything you had worked for.
The greed to achieve some quick profit ameks them vulnerable to these scams. It is so easy nowadays to scam newbies these days as they dont want to understand what's behind crypto, how it works, how they have to act and be self aware of the unlegitm companies out there trying to get your balances without you knowing what your heading into.
Everyone should know what they are heading to and what / how you can afford to lose everything you had worked for.
We cannot blame 100% the investors, because nowadays all of this ICO/MN-POS project are rampant with a promise of good profit, we cannot deny the fact that some of the people specially the new one were hyped by these type of promises, hyped by good whitepaper, good website design, and also some of this projects are using some prominent personality to convince the investors, now my advice is, everyone should do their assignment to double check, make a well and depth research about every projects.
It's true, only few investors are investing in crypto for the sole-purpose of using it based on how cryptocurrency was created. Maybe it's because most people who invite new people into crypto introduce it as an investment tool to earn money. That's why most people think of crypto as an investment. As time goes by, let's hope that cryptocurrency awareness will increase. We need to understand the whole concept of cryptocurrency.
Bitcoin gets media attention only when the prices move up drastically. I will give you examples. When the price went up from $900 per coin to $20,000 per coin in 2017, a lot of mainstream media outlets covered it as prime news. But when the prices declined to $3,000 per coin from $20,000 per coin, most of these media outlets chose to ignore.
Yes, I think now it's all that way, the few who know Bitcoin, always look for ways to earn buying and selling, because that's what most people tell them to do, some who are merchants or sellers of products, they tend to use that ability to apply it to the market, and recently there are many new bitcoin projects, with a lot of Blockchain development, but I think people are focused on doing what they see on the news, what they sell through social networks.
Crypto World is very big and will always present many opportunities to the nascent projects, some are very lucky and get community quickly, but I think it is due to the reward they offer, but I think they should start. There is a lot of development only in bitcoin, the whitepaper says it, the important and attractive thing for people will always be simple things, just like; That the transactions are fast and safe, that large amounts of money are handled, that no government or third party can intervene in our transactions.
Crypto World is very big and will always present many opportunities to the nascent projects, some are very lucky and get community quickly, but I think it is due to the reward they offer, but I think they should start. There is a lot of development only in bitcoin, the whitepaper says it, the important and attractive thing for people will always be simple things, just like; That the transactions are fast and safe, that large amounts of money are handled, that no government or third party can intervene in our transactions.
We cannot blame 100% the investors, because nowadays all of this ICO/MN-POS project are rampant with a promise of good profit, we cannot deny the fact that some of the people specially the new one were hyped by these type of promises, hyped by good whitepaper, good website design, and also some of this projects are using some prominent personality to convince the investors, now my advice is, everyone should do their assignment to double check, make a well and depth research about every projects.
I think it's just the trend. It's easy for people to go after things that they see are gaining the attention and the trust of people. They believe that if they would follow what others did that gave them success, that such would happen to them too. That's the reality, not some many people are brave and courage enough to take their own path, knowing that discovering a new road is riddle with so many obstacles and failures, and honestly, I can't blame them because when we're talking about money, it's just so hard to just close your eyes and hope of the best. That's the concept of a master teaching a student, it's easier if someone would teach your on how to do things rather than trying to discover it on your own. However, as they say, the more risks the more rewards there is.
If you want to know what is the number one cryptocurrency in this time then it's bitcoin. Bitcoin survive since 10 years and successfully till now. It's a well designed crypto by blockchain, now it's become the beast of crypto. Reality is bitcoin now in the eyes of the people, they want bitcoin with online transaction. It's pretty clear that bitcoin will be the number one and best crypto in the future. Bitcoin price change a lot within 10 years and it's increasing. Bitcoin is the best than other crypto then why not bitcoin in the eyes of the people?
Most of the Bitcoin investors expect it to be their one way ticket to be rich or get out of poverty ,
But reality hits them when they got into it ,They need knowledge and skill in order to gain profit from crypto ,
Crypto wouldn't work their self to give you profit you should do something to gain money from it take risk learn how to trade and earn in trading or mining.
That's correct and most of the investors do not have knowledge about what blockchain is and what is its uses and advantages. Some of my friends are also investing in Crypto Currencies even they have a few knowledge about it and the only thing that they know that Crypto Currencies will make their money multiple times fold in a short period of time but this kind of mentality isn't fit for this kind of industry and this industry is really savage if you don't have the proper knowledge about it. But reality hits them when they got into it ,They need knowledge and skill in order to gain profit from crypto ,
Crypto wouldn't work their self to give you profit you should do something to gain money from it take risk learn how to trade and earn in trading or mining.
The solution to all the problems in the crypto ecosystem and the acceptance of cryptocurrency by the entire world is the understanding of blockchain technology. People are just ignorant to the fact that understanding the purpose of Blockchain technology and how it operates is key to knowing the relevance of it to the world. People are just concern about investing and making profits out of their investment without understanding and knowing how this can transform the financial ecosystem.
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