Topic: My mistake was making my involvement with Bitcoin public - page 5. (Read 527 times)

Elder people really doesn't want young kids to be better than them, for sure he would say something that might cause you to not continue investing at Bitcoin. It's either he knows the potential of the Bitcoin or not because a bear market doesn't mean the end of Bitcoin, it's the good time for people to enter the market where you could buy at cheap prices. You are not harsh, you just answered him the truth that he doesn't even take it personally cuz maybe he really thinks his better thank you as an "older" which is more experienced. Learning Bitcoin is open to anyone even kids could learn this so people should mind their business if people are exploring things out like Bitcoin. Trust the process and good luck to you and your brother.

It is normal for people who don't invest in Bitcoin, don't have time in this market to feel panic and fearful with Bitcoin crash.

This is bad inaccuracy because Bitcoin total supply is not more than 21 million, it is capped at 21M. Fiat currencies have no caps for their total supplies and their supply schemes are different with Bitcoin.

Supply and demand will cause purchasing power of fiat currency falls and falls while purchasing power of Bitcoin will increase.

How is the 21 Million Bitcoin Cap Defined and Enforced?
Controlled supply


Bitcoin is not here to stop fiat currency printing aka money printing. It is here to help us having another chance which is better than fiat currencies.

If you are not a strong person or your mind easily get troubled when people shun your ideas down, do not tell people about your investment plan, even if it's not Bitcoin, they will still try to stop you from taking that path, it's fear and jealousy, they fear you might make a life changing difference, better than their.

I've learnt this lesson a very long time ago, only very few people wants the best for you, if you can come up with a better solution many people including families will try to stop you, so to avoid unnecessary hate it's better not to tell anyone.

That is the attitude of rich people, successful people, who always think they are smarter and better than others. There is nothing wrong with making your bitcoin investment public for your family, as we are a family and must take care of each other. But it's unfortunate for you to have such a patriarchal uncle. Either way, they already know you're investing in bitcoin, and it's best to ignore what they say. There is nothing else you can do at this point, what you should focus on is your investment, as there will be no better explanation than the results. As long as you produce results, those talking bad about you will shut up. That's what I did to people who used to scoff when they found out I invested in bitcoin.

Does your uncle mean that fiat won't fail because the government keeps printing money? And Bitcoin would fail because it can't be printed? If the government keeps on printing money, that can cause their currency and their economy to fall. Does your uncle doesn't know about how printing money works?

Also just an advice, don't mind your uncle. There will always be that one toxic family member who thinks he knows everything. You, yourself know about what Bitcoin is capable of. And you've experienced achieving things because of Bitcoin so just continue what you've been doing... Another thing is, there's really nothing wrong telling others about your engagement in Bitcoin. It depends on who are you going to tell it.

I feel sorry for you, but the advice can't be applied to anyone. My family knows I'm in Bitcoin and was never insulting or mocking me about it, it's al really individual. You just should know what reaction you might get and make your decision after thinking about it.

People like this don't needs much argument because they can't be convinced by mere words of mouth but with time, they may developed interest in learning about bitcoin when they see the results being evident in your life, they are people that don't know and not interested in knowing about bitcoin.


The government will always have more reasons to continue with printing fiat currency because it's one of the ways the economy can never be controlled from the effect of inflation, theft, and all manners of centralized institutionizations that gives them higher priority over government and individuals finances.


Someone should learn this that if Satoshi Nakamoto intention for creating bitcoin was to grant us financial freedom, privacy and trust we had ever wanted, why should it then be that the leak is coming from our end, what do we gain announcing ourselves to the world in every we do.

Haterz gonna hate.

Call him in a year or two when the price, imo, will be like 10x .

This isn’t about your uncle only but this is the position every anti-bitcoin person takes. Once theirs is a dump or a period of bear they come out to tell you of how bitcoin was set up to crumple. Even on social media we see those anti crypto activists publish articles about it failing and they end up getting into once their ignorance/doubt is cleared (Micheal Saylor is clear example).

I don’t blame you trying to spread the bitcoin adoption but sometimes you have look at the person you are having this kind of discussion with, people like your uncle aren’t easily talked into new innovations or technologies because they have this ego that every new idea has to through them first.


Public announcing your bitcoin earnings sometimes doesn’t sit with me, first people could be lured to it because of the benefits and therefore overlooking the risks that it contains, and this is certainly a wrong way to get into bitcoin. Secondly it could only expose you to danger especially in an environment in which it is frowned upon.

Speak about bitcoin to someone that shows interest

I think the news about your achievement with Bitcoin is getting to them haters that's why he is trying to talk you out of it, you said he is the most success in the family? People like that won't want anyone else to take their place as the bread winner of the family, I will be careful with such soul.

You're not harsh, you just told him the reality. Why would he care about you? I guess that he's got no other things to do but to think on how you and Bitcoin is doing.

Can't help but there are these people that don't want to mind their own business and if they're successful enough with their lives, businesses and assets. He should give a friendly advice in a calming manner. How he knows that it's going to fail soon? He even said something that's advantage to the most of us.

Anyway, that's okay and at least that uncle of yours will stop already to minding you and how Bitcoin is going. And soon, he'll see and will contact you again when the price is better.

First, this is not good advice, what transpires in your family might not be what would transpire in another person's family. And as we all want more Bitcoin adoption, we should continue to propagate the information about it without minding opposition. The case of my family is opposite to yours and everyone is now adopting Bitcoin just because I let them know about it and how I manoeuvre with it in payment and investment. This is a good way to convince anyone as my own case is positive which I could show anyone at any time.

So anyone down-talking Bitcoin or what I do could immediately be shut up with my achievement on Bitcoin in just a short space of time. Also, it's not about centralization or decentralization as this only relates to privacy, not adding benefits to you per se. Anything centralized or decentralized could work or fail, just let them know you are benefiting and also disclose more that you would still benefit from it.

If after this they do not yield, then leave them, your riches over time will shame them, period!

There is always a man in the family who believe they are the smartest, I have an uncle who is currently the most successful one in the family, maybe that's why he is behaving this way, he knew my involvement with crypto and Bitcoin, and after the crash into bear market he called me and said ..

Are you still into Bitcoin? You need to find something else to do, Bitcoin will fail soon because there is nothing that can take away the money printing machines, the government will keep printing money because they like been the printer, they can't print Bitcoin that's why it will fail, stop living a dream and do something good with your life before it's too late.

At first I got angry, because he always believe he knows the best for everyone, and I am different, I am not like my brothers that fall before his kneels every time. I replied him with this.

Why are you so into what I am doing? Why did you take this so serious than anything else? You have never showed concern about me, I have never asked you for help and you fulfill it, if Bitcoin fails it's fine for me, and Bitcoin was never created to kill Fiat in the first place, it was created to support people like me, because no one wants to support people like us but they want to pretend they do.. Fiat is Centralized and Bitcoin is Decentralized, it's for the people and the community, it's freedom and a perfect home 🏠. I can't hate something that have helps me so many times uncle.

Have I said something too harsh? He took this personal and report me to my eldest brother, my brother said I shouldn't mind, he doesn't know that my brother is now also a Bitcoin investor, my mistake was making it public, which my brother never did.

If you are still planning to get into Bitcoin, don't post anything about it in family group chat or on your WhatsApp status, this was my biggest mistake.