Topic: What encouraged your continuity in Bitcoin investment and Bitcointalk forum? - page 2. (Read 566 times)

On October 19, 2023 - I will have my 3rd birthday on this forum. I learned a lot from forum about investing and expanded my knowledge in this area - this certainly contributed a lot to my optimism towards bitcoin investment especially about its future.

The Bitcoin forums are just a place for discussions regardless from signature campaign - but there are plenty of discussions that work well enough to keep my psychology in check regarding this decentralized asset. I consider this discussion forum into a field of knowledge - and that's how I've grown so far and built my portfolio in these investments.

Anwering your question regarding what makes me stay on this forum.

The answer is actually simple, the forum keeps me updated and on the loop of any events and news regarding Bitcoin that helps me understand things better and improve my decision-making process with my holdings and investments. As someone who have a job that takes up most of my time having one place that I can visit and have all the information I need and catch up on is very convinient. Moreover, I take engaging in discussions about various topics as a leisure during my free time as it not only keeps me entertained but it also allows me to learn in a fun way with other people.

We all have different stories about things which are reason why we leave something’s and reasons why we also decide not to leave a particular things, for bitcoin investment their are times which I buy and store bitcoin in my wallet and I appear to see the market in a very bad state which then I see as something I can’t withstand I usually make a move of selling off all my holding in other for me not to lose more than I’m already recording in my portfolio but with time and how long I have study the currency and have been convinced enough that no matter how the price move I still have a chance of making profit if I hold strong this has been the reason why I don’t want to give up.

For the forum, I can’t really tell what really encourage me most times but sometimes I’m being encouraged by the new discovery which most of the forum member discover and bring up for discussion and study which we learn every single day, and their are lot of benefits which one is also enjoying in the forum which I can’t deny the fact that it’s among the reason why I’m active here too today.

The technology, the fact that it's completely decentralized, the volatile nature that generates profits over time, and most importantly, the trust that I have in it because of what I have seen happening since when I started using Bitcoin.

The most important thing about this forum for me is the knowledge that I get from here, I know that some people think that most users are here for money, they earn from signature campaigns and that is why they are in the forum, but that's not true for everyone. I find signature campaigns and bounties and other stuff to just be a bonus for being an active and contributing member of the community.

There is no specific user that I listen to, I surf every section, and read every thread and its replies, and that is how I gain knowledge and information from the forum.

I don't really understand what you mean by that. How did they stop contributing positively? Do you mean that they started spamming or something else?

In my mind Bitcoin is not a highly speculative asset anymore, if you look at the Bitcoin price for the last several years it has always been above 15,000 USD which is a pretty high price for a speculative asset. Everybody around the world has heard of Bitcoin and there a so many different investors these days that it doesn't feel speculative anymore. To me Bitcoin is a normal investment like stocks or investment funds. I am interested in crypto currencies and gambling; both of these things are here on the forum. It's a great mix to engage with other users and there is still a lot to learn for me. Everything new out of the crypto world you will hear about here on the forum, it's a great website to keep up to date and ask questions if you don't understand something. The forum has been around for many years and so have many users from the early stages. I still think that most of these early members are still invested in crypto currencies, it's just that they don't have the time anymore to be as active here on the forum as before. The most common reason why people reduce their time online is family, getting kids and settling down takes a lot of time away. The rank here on the forum doesn't really play a role in it, because all the old members got high ranks for free, there was no merit system back in the day and you ranked up by activity alone. I try to listen to as many users as possible here on the forum, as you can always learn something new and get a new point of view from other members.

Sometimes people have less free time than before, maybe they need to work more or they want to spend more time with their families, other times they just lose interest in the topic, there are a ton of reasons to stop writing on an online forum. Let's not forget that people who discovered bitcoin at the very beginning now are 10-12 years older, that's a lot time. You can say today that you don't want to stop writing here but how can you be so sure? With time we simply change, our priorities change.

Well, I have learned about Bitcoin technology, and from what I have learned so far, for over a decade, Bitcoin has just been persistent, the blockchain technology has just been efficient, many people have just kept buying Bitcoin over and over again, big institutions are buying Bitcoin regularly, some organizations are accepting Bitcoin as a payment method, Bitcoin has been approved as a legal tender in El Salvador, name it...

There are many reasons that keep me going in the space, but above all that, my life or finances are not just dependent on Bitcoin investments or the forum. I have a business and also a few little investments that are not only Bitcoin or cryptocurrency-based, so my mind is not reliant on Bitcoin alone. What I know is that I should keep DCA anytime the money is available, and I will hold it till I get the desired profit I want to extinguish the project I have in mind.

OP, there's this saying: Never carry all your eggs in one basket. If you do, remember that things will not always work out as planned, and you might just be feeling cheated by that one investment you are only looking up at. There were people who bought Bitcoin for less than $1 and made a huge profit, so I know that it is not too late to buy now and hold for more BTC ATH to come.

Everything that has a beginning definitely has an end. You might find it hard to believe this but one day you might lost interest in the forum and decide not to login again or take a long break.

I would say the track record, how it started from a few cents to thousands of dollars today. Many at times it has been kicked against the wall in occasions like the Mt. Gox scandal, covid-19 pandemic etc. but Bitcoin keeps rising like a phoenix from the ashes.

The forum is rich in knowledge and it has industry veterans from all corners of the world that are always ready to guide members on their crypto journey.

Bitcoin has been existing over a decade now and has stand the test of time making it an assets worth the investment. It  started from the list price to this particular price it is trading at and so far, has been used as a store of value by many individuals and companies all over the world. It is a commodity and an exchange of value which on can use to make payment for services rendered.


OP I must say this that only a scholar who knows the value of education would remain in the educative platform they have far fetched knowledge from. This platform have been so educative that the education continues with lots of new ideas and information to benefit as many that are willing to learn from it.


There are lots of seasoned fellows here who have the wealth of experience and have created  impart on this platform. In their various field they have contributed immensely to the growth and development which have been speaking on their behalf even at their absence, their  contribution still speaks of great volume. Hal Finney was a major player here before his demise and so far his impart has been of good help to the platform as a whole.

Lemme tell ya, what keeps me rollin' in the Bitcoin game and stickin' 'round this Bitcointalk circus is the sheer crypto buzz, ya know? The crypto rabbit hole's deep, but I'm diggin' it. The global crypto fam here is lit. The techy talks, the hodl strategies, it's like a crypto mix! It ain't always easy, but it's one wild ride. What's your mojo for stayin' in the crypto game, amigos?" 🚀💰🌍

Bitcoin is a currency that on its own doesn't get affected by inflation. This means inflation doesn't reduce its value. This is one reason why I'm always for Bitcoin. Since the COVID-19 pandemic, there has been so much inflation and my country is not exempted. Now I found something that can help me keep my savings from being eaten through by inflation.

There is also the fact that I can send and receive money overseas without any issue whatsoever. The last time I received money from overseas was not practically stressful but I had to rely on people who could fraud me and get away with it, luckily they didn't but that's a different story. So I do not want to be in that situation again.
I'm not a control freak but I like the idea of being in control of my stuff, especially money.

Aside from the fact that I get to save my money somewhere where even if inflation is at an 80% increase the value of my money remains the same with converted to fiat, I also stand a chance to make a profit on that savings. Where this works both ways (meaning I could either lose or win), I think I like my chances with an investment.

I have to keep up with the latest on Bitcoin, where better to do that than an actual Bitcoin forum?
There are many things I ordinary wouldn't have read on if not for the forum. I see stuff on here sometimes that intrigue me so I'll have to go and find more and read more for myself. Without knowing it, I'm increasing my knowledge, no matter how little it might seem.
This is a place I get to gain so much information and knowledge while also getting little money from signature campaign. It's an interesting place to be for real.


I don't think I have any particular person or people I listen to on here. I just research more on things I see here that I don't understand. That way I know if the person is right or not from my point of view.
It's not a cult that you just take in whatever the top or someone says.
I know what I believe to be right, that's my conviction. I'm very self-critical so I poke holes in my own beliefs to see if I'm right where I stand or not. If I'm convinced, then you have to prove beyond reasonable doubt why you feel I'm wrong. I'm open-minded.

All is here with that intention and no one just want to have fun since Bitcoin is promising. It's volatility bring a lot of opportunity to gain potential profits that's why many hopeful people take a risk to have a chance to change their life by bitcoin investments and any other ways that can make them earn more of this currency.


The important thing we can gain here is the information since this forum is like a local newspaper to us where we can get a latest updates about everything related to bitcoin and cryptocurrency that's the reason for so many years I still use this since it keeps me updated on the latest noise about current events and we can hear different opinion which tackle any good topics and learn from them. If forum doesn't exist maybe we might get a lot of wrong information since on social media there are to many misleading information compare here which the one we can read are those valid opinions from people who have great experiences.

I can relate with you on that. I came into crypto space for the sole purpose of changing my financial situation and so far btc is the only true crypto that can give you that. It is the only coin that can resist volatility and pressure of all kinds and still bounce back. BTC has given its users the true sense of being in control of their funds and some level of freedom.
This forum is where the journey started and is also a major contributor to the journey of so many Bitcoiners who are looking to understand this great technology from different levels of intellect. I can say that being part of this great forum has taught me more about btc, and crypto in general. There are so many great contributors here in the forum which one can benefit from, no special preference but I accumulate and digest any valid information from any member of this forum.

Dividing time for real work and forum work on Bitcointalk is not easy.
But it's not impossible, just setting aside 1-2 hours for the forum is also enough, or when the main work is done.

I've even been in that phase for a long time, dividing time between real work and time for the forum.
But in the past 2 years I've focused entirely on crypto and forums because I no longer have a main job or a job as an employee.

Some of your friends who lost interest because they didn't find a good signature campaign for a long time are completely wrong.
Just look at the state of signature campaigns now, many are giving payouts above $100/week and have even lasted more than 3-4 years.

It's not that you can't find a good one, it's that your friend can't compete and can't grow, because there are conditions that must be met for each signature campaign.
Members who are inactive and have nothing to contribute will not be accepted even if they are Legendary Rank.

 Simple reason, it's because it has garnered so much success in just a short period of time. So, we have still a long way to go as we yet to see global adoption.

 Except the fact that this very forum was created by Satoshi, you won't find as much toxic and shiller like in different social media platforms. Especially those so called influencers who has done nothing but to lead their followers to invest on the alts they're also invested in.

 Absolutely, those comments that make sense which you can also relate and connect to the issues tackled.


 
There are several reasons to this, but I knew some people who have been inactive at some point because they are busy with their lives (businesses and job). Some have lost interest because they have not found a good signature campaign for quite some time already.

One of my reasons is that Bitcoin is not controlled and its owners are anonymous so speculation will be stronger for people to invest. Moreover, Bitcoin's level of usefulness really guarantees that if the owner is unknown, automatically people who like the asset are uncontrolled will be more easily attracted. With this forum, the level of trust in Bitcoin increases because many members increasingly know what purpose Bitcoin carries. That was one of the simple reasons I found out about Bitcoin.

Personally I am always open and like different opinions about them regarding Bitcoin. Regardless of the way of thinking, I think that is why Bitcoin is unique in that people can think of it as a store of value assets or as a digital currency. In particular, certain people that I listen to may have opinions based on the experiences of old members who are still active and even then we need to filter them because they must be based on facts that they have actually encountered, experienced, and studied in accordance with Satoshi initial goal in creating Bitcoin.

The reasons for quitting the forum are usually death or having other activities in the real world that demand your time so you can't be active on the forum again.

1.Are you kidding me? Is this a rhetorical question? The only thing that motivates me(and all the Bitcoiners) to invest in BTC is the BTC price hitting the moon(or just another ATH). Mass BTC adoption and getting free from the banks is another thing, but the main thing is making more money and getting profits. If somebody is telling you something else, he(or she) is definitely lying.

2.The things that keep me active on Bitcointalk.org are:
Sig campaigns.(If someone denies that sig campaigns are the main reason that keeps him on the forum, he's lying).
Gambling topics.
Reading the latest news and gossips about Bitcoin/crypto.

3.I don't have a particular mentor here on the forum.

4.Some people are buzzy doing other stuff, so they stopped being active on the forum. Nobody is obligated to stay active on this forum forever.

In short, I am on Bitcoin to make money. Bitcoin is a volatile cryptocurrency from which we can make money by holding and trading it. The most important encouragement is financial freedom. I am the owner of my bitcoin, and I can spend it anywhere and anytime without restrictions. For the forum, everything I learn about cryptocurrency is due to this forum. The lesson encourages me to contribute to the forum. Besides that, the signature campaign plays a major role in being active on the forum. We can't ignore it, actually.

Freedom, wealth.Income, knowledgeMaybe you, I don't know. Sometimes I just focus on post content and then I conclude whether it makes sense or not. If yes, then I look at the username.Got banned, there is no improvement whatsoever.

The inflation rate in my region has really encouraged me to invest in bitcoin because I don't see any reason why I should leave money in the bank or saving my money somewhere in my house when money loosing value constantly on a daily basis. Honestly I think this is the most important time that bitcoin investment is really needed because one thing I see about fiat currency is that the rate of depreciating keeps on getting worse , their is no way to improve it to make it better. The inflation and depreciation of money is a big encouragement to invest in bitcoin. I think this is the main  reason why most people will need bitcoin right now as backup.