Topic: Power Of Bitcoin - page 3. (Read 619 times)

I don't know where the source comes from, my assumption is that Bulgaria doesn't have the highest Bitcoin compared to other countries, maybe Bitcoin circulation there is much higher than other developed countries. Materially, you don't lose money because you never invested in Bitcoin, you just missed a good opportunity to get lots of benefits like your friend. Losses that only exist in your mind must be enlightened with action and belief in the potential that you can gain from Bitcoin. The first opportunity will always be there as long as you have the intention to invest, it is not too late to do it.

Bitcoin's rise has indeed been astonishing. From being dismissed by many initially to gaining widespread acceptance, its value surge has left many regretting not investing earlier. The acceptance of Bitcoin by various businesses, including hotels, indicates a growing trust in its viability as a form of payment.

Your friend's experience highlights the potential gains in Bitcoin investments over time. It's understandable to have skepticism, especially when something is new and unfamiliar. Hindsight often leaves us pondering missed opportunities.

The story of Laszlo's pizza purchase with Bitcoin has become iconic, illustrating the dramatic increase in Bitcoin's value since its early days. It's a reminder of how small investments in the past could yield substantial returns today.

While you may have missed the earlier chance to invest, it's never too late to explore opportunities in cryptocurrencies. As the landscape continues to evolve, there might still be opportunities for investment or use. Remember, it's essential to research and invest wisely, considering the volatility and risks associated with cryptocurrencies.

Encouraging others, including both friends and foes, to explore cryptocurrencies is a forward-thinking approach. They indeed hold promise as potential future currencies, given their decentralized nature and growing adoption across various industries.

The part about "probability of Bitcoin losses is very low." I disagree with that. It's because bitcoin or any crypto currency is still risky in the sense that there is always a possibility of losing your investment, or if you are holding it, there is always a possibility that your asset will be liquidated if you bring bitcoin into the wrong position or the price where you bought it suddenly drops and your equity can't handle the down trade.

So even if bitcoin has many benefits, if done correctly and carefully, you will be rewarded, but let's not disregard the risk of this investment. It's never too late to invest in bitcoin, yes, but remember, you should know the risk first before anything because it will also never be easy to invest and earn in this field. You need constant learning and constant patience to learn, and as bitcoin is unpredictable, you should always be ready to adopt it.

You said Bulgaria has the highest number of bitcoin as a country. Are you from there or you just feel like saying this because you didn’t provide any source link for us to see the detail explanation on how Bulgaria became the country with the highest number of bitcoin.


There is no reason why you should be waiting for an opportunity to present itself before you will want to invest in bitcoin. Every time is a good time to buy some. Time is getting closer day by day to the most anticipated halving event and bull run coming up. You should invest now and don’t wait for a good time you assume to be the best time. If you can’t buy all at once, you can continue DCAing until your target is reached.

The experienced people will buy the bitcoin at the various price,because they know the exact value of the bitcoin.The value of the bitcoin in this year May cross the last all time high of 68k dollars,So buying at the current value of 45k dollars will not leads to the loss anymore.The bitcoin trader should know the exact value for the bitcoin compared to other coin.Many cryptocurrency trader leave the market because of the investment on the any shit coin.But everyone accepting fact is the bitcoin trader who had the time for the holding will had the value return as the profit into their wallet.


The risk is commonly considered while doing the trading business,but the investment in the bitcoin is never the same situation to the trader.Many people doing the cryptocurrency trading with out any risk by analysing the coin using the candle stick analysis of the chart of the coin.When we trade in bitcoin,it was assured that we get profit in one day by just holding it.

Correction: Laszlo didn't exchange $10,000 worth of Bitcoins for two pizzas, but he spent 10,000 Bitcoins to buy two pizzas which is why the story is so popular. One could get about 15% to 20% of the total supply of Bitcoin with $10,000 at that time based on how low its price was.

That being said, I believe all of us have lost such opportunities in the past, however, there is no point in having remorse once the time is gone. Some of us didn't take the opportunity because of a lack of knowledge or confidence, many of us didn't have the money to invest in it, and I am in the second category.

When I first came to know about Bitcoin, it was worth less than $500, and I was fascinated by learning about it and was shocked that a digital currency could have such a high value. However, I didn't have the money that I could use to buy Bitcoin at that price and by the time I was capable of doing that, the price had gone up already.

That's why it is good to take risks in business or investment. If you had taken that risk with your friend then, you will be happy you took the risk. It's never too late to invest.
I had the same mentality years ago as well but I'm happy I've made a move through the knowledge I got from this forum. When you aren't knowledgeable about a thing, make sure to do research about it and be positive while in venture into any investment.

Investing in bitcoins is possible to get huge benefits, because the price of bitcoins fluctuates all the time due to which it is definitely possible to get benefits. For a long year, the price of Bitcoin has only gone up. So if anyone still wants to invest then surely can, because Bitcoin halving will start in just a few months in the future. Every halving Bitcoin price is seen to rise so investing in Bitcoin at present is definitely profitable. Because the probability of Bitcoin losses is very low.

That's why you shouldn't ask anymore about investing in bitcoin because it's a waste of time for you, a minute or day you're skeptic about the power of bitcoin and it's potential to go up in value is just so obvious that it's weird that people just don't invest once they've heard enough about it, I guess the risk involved when you're putting your money in bitcoin is just too much so I understand but you can always DCA so no excuses really besides being dirt poor.

Have you searched for the truth because Bulgaria is actually not the country with the highest bitcoin. Almost many people here want bitcoin as a means of payment, but not all countries enforce that. Now we are no longer talking about payment instruments, but rather how we can take opportunities in Bitcoin to make a profit. I believe that bitcoin has found a wide market throughout the world despite resistance or bans from some other countries.

Your mistake was not trying to find out how Bitcoin was going at that time and you were too quick to decide to refuse to make the same investment as your friend. Now he has everything and if the concept is long term then I am sure your friend will have made quite the maximum profit from the initial investment process.

First off, your story seems familiar. All of us have been suspicious, but Bitcoin is a digital money and revolutionary financial tool. Rewriting investing and currency rules. Success of your friend? This is strategic foresight, not luck.

Lets handle the missed chance. Regret is hard. Guess what? The Bitcoin journey continues. We're only scratching the surface of its development possibilities. Bitcoin transformed how we view currencies and transactions. Yet more gold may be extracted in the digital gold rush!

Bitcoin leads the digital finance revolution. Whats the plan? Strategize and research before jumping in. Recognize dangers and potential. This is about a financial revolution, not just making money. Buy and keep, and you may be the success story in a few years.

Spending time and money to gain experience with Bitcoin and different strategies to come to awareness that Dollar Cost Averaging is a best strategy for Bitcoin investors.

It is a big lesson for everyone in this market and I hope during their adventures in cryptocurrency market, they will not lose big money to many scam altcoin projects.

I hope when they deeply understand this fact, they still have capital to invest in Bitcoin.

How many cryptocurrencies have failed and dead?

are you talking about your own experiences here ? because I am not mate as i always grab my opportunity and never let it passed.
DCA and other strategy is on the table so gathering much as I can for how many will be on mine .
there is never be a Late call when bitcoin is about to place because  this currency is still young
and there is so much potential that people may expect and yeah will happen.

I think it's not too late to buy bitcoin. Judging from your speach I think you know more better about bitcoin. To me you don't sound like who doesn't know about it. But just want to catch cruise. But if I were you now is the Wright time to invest, because this is bull season and we are clamouring for btc to go Back to its ATH and break tje formal record of $69k and set it to another night of $100k above. And if bitcoin Price hit $100k I think you will be more tired and afraid to invest in bitcoin. Because by then to afford it will become more expensive with the little of the coin you buy

Well most of us here have gone through your own experience and some people today are still skeptical but all the same at least you have the enthusiasm to actually buy some coins and most importantly you have gotten rid of the regretful feelings because most person feel guilty that they would have bounce when the price was low and nothing they can't anymore as they fear the price won't go up again which if you look at it is really absurd but notwithstanding couple mate and get your buying shoes on because the market is heading somewhere promising and i believe you wouldn't want to miss out again .

There is Beyond anydoupt that initially everyone was skeptical about whether Bitcoin is good or not. But after some time, they realize that there is nothing better than Bitcoin and they start making regrets about how they wish I could have invested in Bitcoin earlier, but nothing will change.
 
In fact there is no late to invest in Bitcoin. Still we have a lot of opportunities for investment because everytime Bitcoin provides an opportunity for investors, If we look at the current sentiment of the market for Bitcoin, there are also a bunch of people who bought Bitcoin at 42k and now Bitcoin is on above 45k, So now they have made a profit instead of saying this that it was late or that we didn't get to buy Bitcoin or blah blah or whatever they have.While those who grabbed the opportunity will earn profit including me, I also bought some BTC instead of USDT, so I have also made a good profit.

So guys, investment in Bitcoin is not too late, it provides you with an opportunity, depending on you, how you take entry into the opportunity and which method (DCA) to use to organize profit.

OP, you came to this forum. If you don't have the funds now to buy some amount of Bitcoin, try staying on the forum, reading, and chatting, and you will change your thinking. You will find ways to calculate your budget to do some DCA. The fact that you still haven’t decided to buy does not mean that you are incapable, but that you still don’t fully understand all the advantages.
The fact that you write about the benefits and power of Bitcoin but do not own it only confirms that you lack knowledge. Don't miss your chance now.

If you had invested as your friend said, you would have seen the same profit. I don't know about bitcoin collection in Bulgaria. Today we are in 2024. Yes, that's right Bitcoin's popularity is growing rapidly as more people are becoming aware of cryptocurrencies and their uses than in the past. You won't have to worry at all about missing your first chance. Today's market price of bitcoin is above $45k, if you look at bitcoin history, you will understand that future price of bitcoin will increase it may be between $90k to $100k. Investment should be made using the present time, you will see the face of profit in the future.

Some times we only need to trust the system specially if this is not asking too much , 1000 dollars back then is not that big comparing to what your friend gathers now right?

You missed that opportunity once adn let us not do the same mistakes again so better invest on it now mate actually you don't need to invest too much just a small amount is more than enough each time of buying.

Bitcoin is really that powerful. Why? It is because it makes the world crazy. Why crazy? Because elite leaders created their own currency but they hodl Bitcoin as back-up and long term investment for future purposes. This means that the world don't trust centralized fiat. This is not normally just a diversification of funds but they really are afraid of the effects of crisis and anything that will possibly make fiat crash. Bitcoin even captures the attention of institutions and wealthy individuals to invest on it. So the question is, why do they prefer or even choose Bitcoin and not fiat?