EXPECTATION Vs. REALITY Bitcoin in the Eyes of the People! - page 6.

ethereumhunter

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Quote from: Noa_Amable on April 16, 2019, 05:23:50 AM

Quote from: john1010 on September 17, 2018, 10:52:35 AM

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."

I guess it is not a secret that most of us come to crypto world just because of possible profits (earnings).
That drives the community. So, these terms as 'educating what blockchain is' and 'trading recommendations' are absolutely different things.

I am sure that people will not have an interest in profit only, but they also interest in the technology or information behind the profits so they can open the other chance to make more money. People will learn something because if they are not learn anything, then they cannot make a profit too. How many people who don't want to make more money if they can learn more about bitcoin. I guess that every people will want to make money and that is why many people still learning until now.

xvids

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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.

sijonru

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Quote from: maianh09 on January 27, 2019, 11:31:22 AM

There's no denying that people are always attracted to money but understanding its development platform helps us to make a profit. You see that people don't want to think but want money, that's why the bear market is still going on.

There is a growing perception in people that bitcoin provides a way to get rich quickly because of the big profits, they don't understand education about bitcoin as a volatile currency. Their perception is like 2017 where many bitcoin owners become millionaires.
Although the reality is not always beautiful because bitcoin is just like any other trade, there are advantages but there are losses.
When experiencing a loss it is finally frustrating because the results are not as expected.

john1010

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This is the second month of 2019 and some of the people inside this forum still hoping that the bull market will start, but it is contrary of what everyone's expectation, anyway, what price might be either low or high, Bitcoin is still and remain offers it's technology for everyone.. And some online influencer told that Bitcoin will remain Internet currency and nothing change on that.

dodgrad

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For many people, Bitoin is just a tool for speculation. People are not interested in how Bitcoin works and how it differs from financial instruments used so far. People only want to earn and they are not interested in anything else, which is a big mistake.
The most important is education about what is Blockchain and cryptocurrencies - the effects will come on their own later. This is what Andreas Antonopoulus says. I recommend his book: "Mastering Bitcoin"

Taki

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It is really necessary to think before any kind of investment, no matter crypto currencies or gold, all risks should be calculated.
But it has nothing with other ways of getting crypto. For example, working for crypto as many people do on the forum. In fact here there are no risks, you simply collect coins and do with them what ever you wish. The only thing you can loose that way is your time.

St4yInTh3D4rk

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Quote from: WebTera on January 27, 2019, 10:17:18 AM

The problem with people is that they expect quick results from bitcoin in the form of huge profits. But it's not that simple now. Now you need a lot of knowledge and patience to get a really good result. And not everyone is ready for this.

This is also the problem,you don't have to consider it as investment then only the bitcoin will be able to reach its destination.For now we are holding and selling and then buying later so in this process we are going to need fiat so bitcoin will not be used as payment system and not going to have stable value until it gets traded by most of the people.

0t3p0t

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Quote from: BrewMaster on September 25, 2018, 12:28:35 PM

well at some point people started advertising bitcoin as "to the moon", "HODL", and stuff like that and then price went up too fast and too big like it usually does so we ended up with a large number of people who were only interested in making profit (when to buy and when to sell).
i don't think it is necessarily a bad thing. people who started like that can eventually see the real potential of bitcoin as the decentralized currency and see the other side of the coin to.

I agree. Even when the first time I heard about Bitcoin people keeps on saying they got money because of investing from Bitcoin. That is where I got interested into but the time I got here my knowledge broaden about how Bitcoin works in this crypto world. What's interesting is that when I visited the official website of Bitcoin it clearly says that Bitcoin is a new form of currency and it's a great idea I got which is not really what I've heard on social media they promote it as an investment not as a currency.

BennyK

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Most people enter Bitcoin investment with the wrong perception of getting rich quick. Perhaps they witnessed the success story of a friend and decided to invest some few bucks, wishing to make profit in a month's time. Crypto and Bitcoin investment does not work like the traditional forms of investment which normally yield some percentage profit monthly. Hence, an investor needs to learn the fundamental concepts of Bitcoin investments before venturing it - it requires patience.

arpon11

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Quote from: Ruffian1314 on January 26, 2019, 12:06:09 AM

Yes! many people who are new in this industry doesn't have enough knowledge about cryptocurrency although they have idea about it, they don't fully understand how it works especially blockchain. I admit to myself that i don't understand 100% all about bitcoin and cryptocurrency.

Blockchain technologies is the future of our financial system and though people did not know the technicalities of it but they are investing in it. The people that invested in icos and new projects did not know how it works and what they are really putting their money in but had about how people are doubling their investments and went into it and at the end lose their funds. Blockchain technology is transparent, decentraliziation and therefore third party are not involved before transactions no matter the amount involved.

CryptoSmile

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Many newcomers in crypto currency only see how crypto is able to provide big profits when prices soar high enough, so in the end they are trapped where until now crypto is still falling in price and far from their expectations. For that we recommend that before investing in crypto currency we should understand what we are investing so that we are not caught in the risk of loss in this investment. Many people expect crypto to be able to provide big profits to them, but the current reality is very detrimental because the crypto market is always red and every time it decreases. Only those who have strong confidence with a broad knowledge base on crypto will eventually be able to get out of this situation and avoid the risk of loss, what is needed now is patience and remain confident that crypto is still strong and one day the price will rise again.

john1010

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That's why we have the responsibility to let the public know this kind of technology, I started to do my personal information drive in some of my friends here in my country about blockchain, what is the benefits of knowing and using it, and at the same time they will become interested in bitcoin and other alts.. Don't allow false information from social media, specially to those who are taking advantage using this technology to scam people, This is the reason why other people begin to hate bitcoin, it is because of some false and hype information.

Finestream

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Quote from: Savemore on December 16, 2018, 02:21:39 AM

Quote from: jak3 on December 16, 2018, 01:18:28 AM

The reality is people will never learn if they don't want to, many people think Bitcoin is illegal and Bitcoin it is bad but it's just The Rumors there are repeating they have not actually try it the coin itself or probably they did try it but they got scammed or something. I do not think there is anyone who tried this coin for a month and gains profit and then he said: "I do not like this". We are human beings and we see the profit. That how our human nature has grown.

They will not understand bitcoin if they are not interested to learn about it.There are also big problem which we keep seeing because there are people who keep thinking that bitcoin is an investment! It is the reason why there are people who are losing their money because they just put their money even they do not have enough information about what it is.

Bitcoin is intended to be an international currency but since not all countries have accepted it at the moment,so people still prefer to make it as an investment but we should know always that bitcoin should not lost its value as a currency and is intended to be used and sold and not to just hold it forever.The more demands for bitcoin in the market,the price will surely goes up even higher than what most people expected.

Cherylstar86

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Quote from: Periodik on December 16, 2018, 01:05:07 AM

The drawing hit it bull's eye!

And the most probable reason why people are more inclined to learn about when to buy and when to sell rather than understanding blockchain is that they are assuming that Bitcoin is a source of income, a way to earn easily and get rich overnight. Not just Bitcoin. A lot of people I know treat the entire cryptocurrency invention as a way to acquire wealth. Well, some of them succeeded. Lucky for them but unlucky for crypto. It is not appreciated for what it truly is.

Indeed! There's no such thing as easy money in Bitcoin. With so much excitement to get rich, they forget the real essence of Bitcoin, it's very important to study and understand its context, its real nature, functionalities, and on how this technology works. There have also been misconceptions, they tend to judge what they don't understand. Success and richness needs to be worked on as it does not happen without the presence of time, effort and energy. More than that it takes quality traits, positive attitude, commitment, patience, and focus.

Savemore

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Quote from: jak3 on December 16, 2018, 01:18:28 AM

The reality is people will never learn if they don't want to, many people think Bitcoin is illegal and Bitcoin it is bad but it's just The Rumors there are repeating they have not actually try it the coin itself or probably they did try it but they got scammed or something. I do not think there is anyone who tried this coin for a month and gains profit and then he said: "I do not like this". We are human beings and we see the profit. That how our human nature has grown.

They will not understand bitcoin if they are not interested to learn about it.There are also big problem which we keep seeing because there are people who keep thinking that bitcoin is an investment! It is the reason why there are people who are losing their money because they just put their money even they do not have enough information about what it is.

jak3

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The reality is people will never learn if they don't want to, many people think Bitcoin is illegal and Bitcoin it is bad but it's just The Rumors there are repeating they have not actually try it the coin itself or probably they did try it but they got scammed or something. I do not think there is anyone who tried this coin for a month and gains profit and then he said: "I do not like this". We are human beings and we see the profit. That how our human nature has grown.

Periodik

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Activity: 1022

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The drawing hit it bull's eye!

And the most probable reason why people are more inclined to learn about when to buy and when to sell rather than understanding blockchain is that they are assuming that Bitcoin is a source of income, a way to earn easily and get rich overnight. Not just Bitcoin. A lot of people I know treat the entire cryptocurrency invention as a way to acquire wealth. Well, some of them succeeded. Lucky for them but unlucky for crypto. It is not appreciated for what it truly is.

maydna

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I believe that in every aspect, there is no shortcut to reach success. We need to work hard, learning something related what we did, try to grow our skills so we can reach our goals one by one. There is a time for us to enjoy our life because we can reach the goals and it's not easy to go to that place because we need to struggle in every day. And related in cryptocurrency, you need to think twice before you invest your money and you need to learn more about cryptocurrency even if you choose to be an investor and not to be a trader. In someday, you will be able to earn a big profit so you will have much money from the cryptocurrency.

mornabo

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Quote from: delphic on December 15, 2018, 04:15:19 PM

That's very good advice. Many of my friends hated bitcoin, because not knowing and not understanding what they are doing, took the money in debt and bought it at a high price. They just heard that it is a profitable investment and now do not understand looking for guilty.

Whereas bitcoin investment is not that simple, there are many dramas on the market such as prices that can go down very deep and then bounce very high, and people cannot just buy and then profit from that investment, there are many things to pay attention before buying and invest in

glowing10

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Quote from: bagsat on November 17, 2018, 11:30:27 PM

People expecting when entering bitcoin trading it will be more easy and productive. But the reality is youre the ones will dictate weather you will become productive or just wait bitcoin will produce for you." no one comes easy but you strive for it for you to success.

It is happening because people now conceptualize that after 2017 bitcoin is the coin which will make everyone rich and everyone wants to make the money from it. In this case what has happened people have entered when market was high and all big investors who had bough at cheap prices sold at 18k and market crash. Thus people had lost huge money as they did not has stop limit and think every time bitcoin can rise that quickly in few weeks itself which is not happening.

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