My Appeal to the Average Joe and Jane Bitcoin Investors: Buy Bitcoin Now! - page 4.

Poker Player

legendary

Activity: 1372

Merit: 2017

This thread is going to be, if anything, more useful for the OP to receive some merit than because it will make any impact on Average Joe.

Quote from: Despairo on July 23, 2023, 02:55:16 AM

The worst advice to convince the Average Joe and Jane to invest in Bitcoin is when someone force them to start buy now when they still not understand what's Bitcoin, how's Bitcoin work and the reason they want to invest in Bitcoin.

This

Quote from: Despairo on July 23, 2023, 02:55:16 AM

Most of people are invest in Bitcoin for making money, but if they're invest in Bitcoin because of decentralization, inflationary, security, privacy and be your own bank reasons, they're definitely long term holder and not care about FUDs.

Well, you can also invest for both reasons, as I think most of us do, but you are right that there is an essential difference in the one who invests in Bitcoin only for the economic motive and the one who does it knowing its intrinsic properties.

Despairo

hero member

Activity: 1064

Merit: 843

The worst advice to convince the Average Joe and Jane to invest in Bitcoin is when someone force them to start buy now when they still not understand what's Bitcoin, how's Bitcoin work and the reason they want to invest in Bitcoin.

Most of people are invest in Bitcoin for making money, but if they're invest in Bitcoin because of decentralization, inflationary, security, privacy and be your own bank reasons, they're definitely long term holder and not care about FUDs.

Alphakilo

sr. member

Activity: 450

Merit: 220

Dear Average Joe and Jane in the Bitcointalk Community,

I hope this appeal finds you well.

I am writing to appeal to you to please consider buying more bitcoins now and not wait for big institutions to start adopting it before making a decision. Why am I making this appeal to you? First, these big institutions, who may have bitcoin on their radar, do not necessarily care about bitcoin's current price when they decide to enter the market. Bitcoin may be at 50k or 100k; they do not consider the price. Their adoption approach mainly focuses on market sentiments and trends. To buttress my point, big institutions that would adopt bitcoin make the decision to invest based on their analysis of the bitcoin market's potential for growth, rather than the specific price at the time of entry.

Another reason why I appeal to you to buy bitcoin now is that there is always a price push from institutions when they enter the bitcoin market, as we have seen in the past. Because they buy thousands of bitcoins all at once, they create a lot of buying pressure that eventually leads to an increase in bitcoin's value. The result is that the price is driven up, and this makes it difficult for retail investors to buy bitcoin.

My Recommendations and Suggestions for You

The Dollar-Cost-Averaging Strategy: This strategy helps you create a plan to accumulate more bitcoins over time. With this strategy, you can invest a specific amount in bitcoin periodically at your convenience (e.g., weekly, fortnightly, monthly) irrespective of the price. Start now.
Diversified Acquisition: My recommendation and suggestion for you is to also look into alternatives for accumulating bitcoin. These alternatives may include receiving bitcoin as payment for a good you have sold or a service you have rendered. By doing so, you will slowly increase the amount of bitcoins you own and potentially make a profit in the long run when there is a price surge.

Your Bitcoin Colleague,
AlphaKilo

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