Topic: The truth about bitcoin - page 13. (Read 3989 times)
Bitcoin and cryptocurrency is not free risk, its high risk investment. But every investment have risk and I am believe behind every risk, there is big reward waiting us if we believe. I am investing my money because believe bitcoin and cryptocurrency is new investment and will be growing bigger in near next year
The biggest mistake people make about buying bitcoin is the lack of knowledge about cryptocurrency. If you start buying or trading without knowing what is it about then you are really setting yourself up to be scammed. So it is important to read and learn everything you can, be patient about it, and only spend money you can afford to lose.
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:
There is NO good, easy, risk free money, that is available for everyone.
If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.
On the other hand, nothing is being covered up in bitcoin. Nothing is working "behind the shadows". Everyone can see the transaction history. I really don't think that all that you are claiming was never claimed by bitcoin at all.There is NO good, easy, risk free money, that is available for everyone.
If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.
1. "Money is good". It is good if you know how to trade or if you are lucky. It is good if you have skills that you can offer on the Internet and get paid for it with bitcoins. Money is good on the Internet, even if you're not going to get paid in bitcoin, because your clients are mostly from first world countries.
2. "Easy". It is only easy if you know EXACTLY what you are doing. But when you're just starting out, it's not really easy at all. It's also the reason why only the hardworkers are the one that are at the top right now. It's not easy but it certainly does become easy over time.
3. "Risk free". I honestly don't know how can you think that bitcoin is risk-free when everyone's shouting that bitcoin is really risky because of its high volatility.
4. "Anyone can get their share of it.". Anyone can indeed receive bitcoins but why would someone give them bitcoins? You are getting your share only if you mine, work in exchange of bitcoins, or buy them. It's not like bitcoin was released to the public and everyone can just get as much as they can. You have to either mine it or buy (or work in exchanged of) the mined ones.
So I really don't know how is this the "truth" ABOUT bitcoin. The bolded part of your post is indeed true but it is not the "truth" about bitcoin.
I think that someone can tell the truth about bitcoin are the owner of bitcoin, bitcoin player, and everyone who uses the benefits of bitcoin. I think that bitcoin really provides benefits and benefits to its users. Bitcoin offers the convenience of fast, safe, and inexpensive transactions. We are not burdened with the taxes and rules of the complicated state financial authorities. Our identity as bitcoin players is safe because bitcoin offers anonymity facilities so our original identity can not be misused.
Bitcoin is the most popular virtual cryptocurrency in the whole world and it is most simple & convenient method to earn & save more money. bitcoin is not just about developing money or investing. but a technological advancement for a long time.
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:
There is NO good, easy, risk free money, that is available for everyone.
...
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam.
...
There is NO good, easy, risk free money, that is available for everyone.
...
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam.
...
The fact that when starting an investment or starting a project, safety only occurs when we have a good preparation process, the risk is what happens if there is instability. Can you give me some examples of Bitcoin scams as you say?
The truth is getting rich is hard. It's not easy to earn money. And I'm sure just about every rich person in this world is a testimony. Rich people whose parents were rich to begin with, might had a different path, but they also worked hard to stay rich. It's how the rich families stay rich. Now obviously this is not 100% true. In general, the higher the risk the higher it's return, but it can also go south.
Nothing is free in this world. My friend keeps reminding me of this. Especially when you want to be rich there is always boulders and walls in your road. That shouldn't stop you from taking that road though. Bitcoin especially has a pretty high risk going with it. Investing means to put your money in the hope of something good in return. However, it's not guaranteed. Bitcoin isn't any different. Putting your money in it has it's risks but you gotta be ready for it. Whenever I see the word "free", I always take it with a grain of salt. Don't be gullible.
Investing in Bitcoin is risky. However, for those investors who want to make big profits, this is still a fertile land. I also have a lot of hesitation but still decided to invest, I believe in his decision
Actually investing in bitcoin is a challenge one because there are many things to considered like volatility, unpredictable and uncontrollable behavior that can threaten our investment in more risky. But it depends what the truth we discovered from it that's why we are still adapting and investing on it.
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:
There is NO good, easy, risk free money, that is available for everyone.
If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.
There is NO good, easy, risk free money, that is available for everyone.
If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.
Bitcoin is a cryptocurrency that has benefits for investment, bitcoin can provide benefits and also risks depending on how we use bitcoin.
Investing in Bitcoin is risky. However, for those investors who want to make big profits, this is still a fertile land. I also have a lot of hesitation but still decided to invest, I believe in his decision
The honest to goodness essense of bitcoin and it's structure are not particularly in the terms of money, the certifiable inspiration driving it is to have a much least complex, speediest and favorable strategies for doing or making unmistakable trades that can help to the overall public. Subsequently, to make bitcoin much important and pleasing to people it system can moreover use for hypothesis where in people can get an enormous of trade from it out just for a concise time span.
The biggest truth about bitcoin is that Bitcoin is risky because of its highly Volatile nature. Bitcoin is the most popular virtual cryptocurrency in the whole world. Bitcoin is most simple & convenient method to earn & save more money. Another big thruth is that Bitcoin is No. 1 cryptocurrency in the crypto market.
Bitcoin is not that risky. Well, The bitcoin user can defend what will happen to his carreer in bitcoining. If you are the one who will invest in bitcoin, well, if you will invest a lot of money, I believe that bitcoin is very risky. Well, In the reality, Many bitcoin users trying to play safe in bitcoin. Bitcoin is not good in this time because it is not advisable to withdraw yout btc into money. Bitcoin experiencing downfall and it follows until before BER months.
something without risk. You keep thinking about what the bigger the risk, the higher the profit
Bitcoin is a digital assest or currency. It is also true that bitcoin works as a real money and help to man for success. The biggest truth is that bitcoin can make anyone rich and develop country economy. Bitcoin is constantly making progress.
Your opinion is very true and I agree with what you say that bitcoin is a digital tool or a digital currency that can grow and help the economy a good community.The real truth is that bitcoin is an asset that can make rich people and develop the country's economy. Bitcoin continues to experience rapid progress as long as many people believe it.
I get the point on what the poster is trying to say sometimes to win big you have to risk big. There's no such thing as safe investment even when your starting a new investments there are risk that it might fail and gets bankrupt. That's why it's important that people should try to research and know what they're doin before investing in bitcoin.
I agree with the opinion of OP that risk is everywhere. However, in most of the cases, we fail to understand and identify those risk due to their different form. It's similar to the case of a guy ignoring his opportunity cost while saying yes to the temporary temptations. In this case, the guy is ignoring the potential of time and capability of earning rewards in the long run. Crypto market is still in the basic phase of development and hence there is a high amount of risk involved with it, on the other hand, it has the potential to give exponential returns down the road.
Yes i agree on that, we dont have to be afraid to take risk because risk is a part of our life. I believe that if we doesnt take any risk we can never change our life and it will remain like what it was from the start. The truth of bitcoin is that it is really risky and less assurance to earn, but it is all about patience crypto is really a game of patience that is really amazing and if we don't have enoughf patience o think we can easily lose on this feild.
I agree with the opinion of OP that risk is everywhere. However, in most of the cases, we fail to understand and identify those risk due to their different form. It's similar to the case of a guy ignoring his opportunity cost while saying yes to the temporary temptations. In this case, the guy is ignoring the potential of time and capability of earning rewards in the long run. Crypto market is still in the basic phase of development and hence there is a high amount of risk involved with it, on the other hand, it has the potential to give exponential returns down the road.
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:
There is NO good, easy, risk free money, that is available for everyone.
If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesn't matter if You are being scammed with money, electricity or just waste of time. It also doesn't matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.
What you write about is fair for all ways of making money. I mean, believing in stability in our world is self-deception. Even the inheritance can depreciate due to inflation, the business can cease to be profitable, one can be fired from work (or can be replaced by a robot)).
Crypto currents frighten people, because it is something completely new, but if you think about it, it's the only way that humanity has always developed. All new technologies were perceived ambiguously or negatively.
All that you should always remember - before you start investing in bitcoin, do not forget about the risks. A common rule for all investors is not to buy bitcoin for the last money. In case there was a collapse in the market and the military-technical cooperation fell in price - do not sell all the currency for a pittance. Try to store bitcoin until the course grows.
There is NO good, easy, risk free money, that is available for everyone.
If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesn't matter if You are being scammed with money, electricity or just waste of time. It also doesn't matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.
What you write about is fair for all ways of making money. I mean, believing in stability in our world is self-deception. Even the inheritance can depreciate due to inflation, the business can cease to be profitable, one can be fired from work (or can be replaced by a robot)).
Crypto currents frighten people, because it is something completely new, but if you think about it, it's the only way that humanity has always developed. All new technologies were perceived ambiguously or negatively.
All that you should always remember - before you start investing in bitcoin, do not forget about the risks. A common rule for all investors is not to buy bitcoin for the last money. In case there was a collapse in the market and the military-technical cooperation fell in price - do not sell all the currency for a pittance. Try to store bitcoin until the course grows.
The biggest truth about bitcoin is that Bitcoin is risky because of its highly Volatile nature. Bitcoin is the most popular virtual cryptocurrency in the whole world. Bitcoin is most simple & convenient method to earn & save more money. Another big thruth is that Bitcoin is No. 1 cryptocurrency in the crypto market.
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