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Topic: Stop being pessimistic. The potential of bitcoin is still immense! - page 3. (Read 570 times)

member
Activity: 532
Merit: 10
BITCOIN IS THE CURRENCY OF THE GLOBE
We are sure part of the early adoptors, we need to believe in the space and keep promoting the values of Bitcoin, The evolution is still on, several transformation  will still take place in the Bitcoin community, strategic positioning is the core in other to enjoy the benefit.
hero member
Activity: 980
Merit: 507
I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy. For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.
Crypto is in very early stage trying to get adopted, its still trying to make an impact on the global economy but is miserably failing to do so. The pessimism that you see is either fake, or is from people who don't like/know about crypto. Ignore them.

At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.
Then the article is most definitely fake. Not doubting bitcoin or its potential but 20 most important currencies which includes a decentralized currency is not something you'll see legit sources referring to.
newbie
Activity: 71
Merit: 0
we are at the feet of a massive climb that has just retraced in 2018! the fed has never been audited before (how many missing trillions are they responsible for?!)
sr. member
Activity: 730
Merit: 250
The potential bitcoin is huge. There is no place for pessimists here. Anyone who can buy bitcoins before it's too late to buy!
member
Activity: 420
Merit: 10
Yes, right, the potential of bitcoin is still very large and will still provide benefits to investors and will always continue to wade through the world
hero member
Activity: 1806
Merit: 672
We cannot blame the human instinct of what most people are feeling, after all a lot of us always put our emotions first rather than proper thinking. Feeling a loss financially on our assets such as cryptocurrencies will give a heavy toll in our brains which will make us feel negative about it. And this is not a new event happening as even in other investment vehicles such as stocks, real estate, and even businesses give their investors something to worry about everytime it goes down. This is a normal feeling and what we the emotionally strong can do is to encourage them more in their investments.
hero member
Activity: 1638
Merit: 576
Leading Crypto Sports Betting & Casino Platform
You are talking about small investors investing few thousands of dollars and hoping to become billionaires.

Whales and big investors don't get emotionaly involved.
They make a lot of studies and researchs and always have a plan B (they are neither pessimistic nor optimistic).

True this. A lot of people are investing pennies and hoping to become rich. This isn't 2009, your $10 investment isn't going to make you a millionaire. You can't simply invest and forget about it, and come back in 5 years and be rich anymore. It's time to put the work in and grind your way to the top!
legendary
Activity: 2702
Merit: 3045
Top Crypto Casino
You are talking about small investors investing few thousands of dollars and hoping to become billionaires.

Whales and big investors don't get emotionaly involved.
They make a lot of studies and researchs and always have a plan B (they are neither pessimistic nor optimistic).
full member
Activity: 826
Merit: 104
you are absoulutely right.bitcoin is a potential crypto and father of all altcoins.
bitcoins used will increase more and more and big investor will come to bitcoin soon.
legendary
Activity: 1932
Merit: 1273
Cryptocurrencies spaces are indeed still at the beginning of the age. A lot of room for developments still needed. Fact is cryptocurrencies still has a problem with scalability issues and lack of user-friendliness (UX design). And still, depend on government regulations. I agree with OP, we can safely say we are still at the early adopter's. We are contributing to something big in the future.
full member
Activity: 448
Merit: 100
It is not unusual to always find people who always believe that bitcoin will ever remain bullish. This is not possible and people have to understand this. How you feel doesn't change anything. Bitcoin may have been with us for some years but yet it is still the early stage of it. Let's learn to be patient.
full member
Activity: 405
Merit: 105
I think the crypto market is just in an initial stage of expansion and occupies a very small and insignificant place in the global economy. For that reason I do not understand the great pessimism that many times is observed in those who have invested some money here, as soon as they observe some eventual fall in the price of bitcoin.

At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.

I agree to the topic. People should stop being negative about the circumstances of bitcoin. If we keep on doing that then we never be satisfy about the situation of it. We will never be happy about the price of it in the market. Bitcoin is now growing. It is now becoming more and more successful as time pass by. So we must support it and try to think optimistic about the future it may have.
full member
Activity: 350
Merit: 100
The market of crypto currency is at the initial stage of the change, the sharp rise in prices is explained by attracting more people and that bitcoin was at everyone's ears.
jr. member
Activity: 322
Merit: 1
I definitely agree with OP as I believe that people should not doubt about btc as this had proven so many times to the investors what it's capable of. BTC had proven to the investors when it had skyrocketed last year where it had almost reached the $20K mark. With the current btc dip, my opinion is that btc is undergoing correction in preparation for another expected bullish market within the Q4 this year.
member
Activity: 392
Merit: 10
We can't predict the future of BTC. What is the price of it? Still need market testing, now BTC is still ranked first!
If the US Securities and Exchange Commission approves the application for the Bitcoin ETF, the BTC will grow substantially!
newbie
Activity: 7
Merit: 0

 Bitcoin reminds me of the early days of the internet, or black and white television. Still so much to be explored
member
Activity: 392
Merit: 10
The growth potential of bitcoin is quite enormous therefore we should not be in a rush to reach the desired destination. At some point, the price will fluctuate. Often times when I hear people impatiently say that this is the end of bitcoin, I smile at the level of ignorance being demonstrated
jr. member
Activity: 293
Merit: 1
At some point I read an article in which bitcoin was already among the 20 most important currencies in the world (displacing many fiat currencies), so I have no doubt that the growth potential of this market is still immense and we can still consider ourselves as early adopters.

I think you are overdoing it by saying Bitcoin has replaced many fiat currencies. If Bitcoin replaces fiat money then the country is not using paper currency and I have not heard the news that Bitcoin has replaced a currency in a particular country.
But I also hope that, Bitcoin can replace the Fiat currency. If Bitcoin can replace the Fiat currency other countries need not center on the dollar. I believe the global economy will be evenly distributed and developing countries like my country will prosper if they no longer focus on the dollar.
sr. member
Activity: 714
Merit: 260
There's too many newbies on board yet. The hate for bitcoin must be real, we need to see all the casuals that entered in the last FOMO season out, because these guys aren't thinking rationally, they don't understand the fundamentals and they don't therefore understand the inherent value of bitcoin.

Of course bitcoin is insanely tiny compared to what it is and where it should be. I mean Jeff Bezos' fortune is bigger than bitcoin, how stupid one would need to be to not see how insanely undervalued bitcoin is? very, and these are exactly the type of people we need to see dumping. Once they are all out we'll go for a new all time high as the smart people that see these facts are waiting for that to happen to enter the market.

Great point mate since this crying babies in our community are those who enters the cryptocurrency without actual knowledge on what they are engaging for,maybe these are being encouraged by friends or love ones without briefings on what they facing,but the promise of becoming rich and i hate this ideas because we are responsible in our own money so we must be aware of where to spend if valuable or just a gamble.
newbie
Activity: 34
Merit: 0
That's exactly what i always want to talk to holder. Bitcoin is still developing, there is nothing can stop its development. So i think you can believe in bitcoin and don't be pessimistic
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