Topic: Overcoming my fear of bitcoin and online businesses - page 3. (Read 605 times)

Your post shows the resolve to learn about bitcoin and all around it and this platform is going to help you do that in the long run but don't throw your guards away to embrace everyone and everything online to be true and genuine in whatever is said to you. Many people may yet approach you for investment but be wise and ask questions.

On your own part, there are things you need to do to secure your financial investment like you don't have to compromise your wallet address, keep every password away from third party. Bitcoin is a decentralised digital currency and so you don't need third parties interference. Don't oblige email messages requiring your response or reply when you don't know the sender or not expecting any email.

You can check to read more about bitcoin here

you won't be able to take your own decisions, you goals should not be to look intelligent( by being knowledgeable in Bitcoin) in the eyes of people but your goals should be actually have the knowledge of Bitcoin that should be more important to you.
Help yourself out by reading up there are lots of Bitcoin books you can gradually use to accumulate knowledge in Bitcoin. This one too is good. https://www.google.com/url?sa=t&source=web&rct=j&url=https://cryptolinks.com/983/learnmeabitcoin&ved=2ahUKEwj40tDMm_D-AhXFg_0HHWrhBdQQFnoECA4QAQ&usg=AOvVaw0760PYfdKlFTHyH8UX9uwq

It seems that you may have some gaps in your understanding of Bitcoin and its functioning. However, you're in the right place to expand your knowledge and gain more insights. Bitcoin is a decentralized cryptocurrency that allows you to purchase and store it in your own digital wallet. By holding Bitcoin in a non-custodial wallet, you become the sole custodian of your funds, acting as your own bank. Based on your post, it appears that you may consider acquiring a hardware wallet, which offers enhanced security for your assets. With a hardware wallet, your funds remain fully secure, and unauthorized access is virtually impossible unless your private keys or seed phrase are compromised. Therefore, apart from the inherent price volatility associated with Bitcoin, there is little to fear when exploring this cryptocurrency.

Even without you being aware of Bitcoin, living in the shadow of your fear will only limit your potential and the chance of your getting the good things out of your endeavor.

You need to envy anyone and you don't have to be intelligent before you get along in the crypto space. What you need is to know the fundamental aspect of Bitcoin, blockchain, transaction, and wallet and you can then learn the rest little by little.

Most online investments are scams buddy. Invest in yourself by developing your technical skills, and trading skills.

It's not going to frighten anyone anymore when they find out that Bitcoin price continues to rise up since 2010. This is kind of an assurance that your investment can exponentially grow 100x when you invest for long term, this alone simmers down investors and adopters even when the market suddenly changes.


The free trading systems they share did work for some time until the market changed which happens a lot in crypto.  But I learned a lot about indicators.

You don't have to lose your fear, fear and skepticism are what keeps us away from making wrong choices. Always be doubtful of any venture which is presented to you cause it very likely is a scam.
By confronting your fear, you do your diligent research and try to convince yourself that this is not a scam.

Use the search option effectively, all the information you seek is available on the forum which is a repertoire for Bitcoin knowledge.
Also, this is an anonymous online forum, feel free to ask questions and discuss as freely as you wish to, and grow a thick skin to take criticisms and a bit of trolling.

I know due to the high level of internet scams and Ponzi-related scheme scams, it's natural for people to lose interest in anything online, but the truth of the fact is that there are lots of legit ways of making money online that people don't talk about but rather prioritize investment schemes who promises to offer x reward of investment after few days which always crashes. Because businesses such as affiliate marketing, social media marketing, blogging, and data analysis are all online-related jobs and yet pay well.

First of all, I will like to inform you that no one was born with the knowledge of Bitcoin, we all got to know all that through learning, personal research and forum engagement, which likewise you too can achieve the same only if you could be diligent enough to learn without hurry how Bitcoin and the forum works.

You have already started to get it wrong this way and you may never understand Bitcoin If this is your goal, firstly you have shown you are easily moved my people's opinions and you would give into FOMO (Fear of missing out) and FUD(fear uncertainty and despair) you won't be able to take your own decisions, you goals should not be to look intelligent( by being knowledgeable in Bitcoin) in the eyes of people but your goals should be actually have the knowledge of Bitcoin that should be more important to you.
Help yourself out by reading up there are lots of Bitcoin books you can gradually use to accumulate knowledge here is a good list.
https://bitcointalksearch.org/topic/--5353061

I have become familiar with this topic by reading info at https://www.babypips.com
I am not an employee of this service, but I want to recommend it because it is well written material.

I am a trader who has a shop in one of the major markets in my country. I have always held on to the believe that business is between two physical parties, one wants to buy and the other wants to sell. The buyer sees what he wants, gives money to the seller and the seller delivers the goods to the buyer. The two parties leave happily. Until recently, and before knowing this place I always thought that anything trading or business online is a fraud. I always see them as ponzi and that one day they will make enough money from the people and shutdown, defrauding many people of their hard earned money.

I remember a colleague of mine when I used to work before I ventured into business, he used to do forex trading then, he will always encourage me to learn the trade, but I always told him no. Some few years back, I started to look for a new business and some friends began to tell me about bitcoin. I was very skeptical then saying that even if bitcoin is genuine that it's probably one of those online businesses that you will invest all of your money and in an instant you will lose everything.

I continued to have that fear until a few months ago when someone sent me the link to this Bitcointalk place, that I decided to try it out. I concluded that it is time for me to put my fear of online investments on hold to see if I can have a better understanding of it and bitcoin. In this few weeks that I have joined this forum it has been a very big eye opener for me. As someone new in this I know I have much to learn, before I start investing, so I don't make mistakes. Although so many things sound strange and confusing to me. And I hope to quicken my process of learning soon enough to start investing and trading like others here. Overcoming that fear of online investments, especially bitcoin is what I'm tackling right now and it is a wonderful experience for me so far. I am learning new things every time I come here and it is a new type of experience for me.

Here are some of the things that moved my decision to finally consider studying bitcoin now.

Number 1 : The first is I don't have to continue in the shadow of my fear and continue to run away from it. Fear is in the mind and no where else. I have to confront my mind to tackle this. As I'm doing this I also encourage anyone having fear of anything to confront it.

2: The second is that I get confused when people around me talked about Bitcoin. I envy them because I see them as intelligent and want to be like them. I also want to be seen as someone who is intelligent and can contribute my views to discussions.

3: Thirdly I want to learn how to trade Bitcoin and also get into other online investments.

My observation so far in the few weeks that I have spent in bitcointalk, I have noticed that there is willingness by senior members to give directions and corrections to newbies who seek it. I hope to be teaching newbies too one day. Any more advice by members on how to increase my confidence level and learning will be humbly received by me.