Topic: Why i believe in bitcoin!! An amateur's outlook. - page 3. (Read 537 times)

when people say bitcoin will fall, that's where people / whales are competing to add cargo so they can go to the moon in peace in their time,
one thing is natural if they blaspheme bitcoin when it is falling, but with our faith and the strength of our hands,  one day bitcoin will return to its highest point, just need patience

Don't only believe bin bitcoin, work out your bitcoin in it, make it seen and practice what you've learnt so far with the digital decentralized currency, bitcoin comes with divers opportunities in it if you consider ever it was launched, the years so far and the record should be your own personalities to result on whenever you're loosing hope that the further expectations could come just as always wanted to have them with bitcoin.

You're probably going to need to convince yourself more if what convinced you is bitcoin's recent performance. If you've been into bitcoin long enough, you'd know that things can easily go south even if doesn't make sense to do so.

If to consider Bitcoin only as an investment asset you can believe it will grow or not to believe in that. But Bitcoin is much more than just an investment asset, it is an idea of returning of control on own money, it is an idea of automated decentralized decisions working for financial markets (instead of old bank system) and then for many more social or governmental systems. And if we look at Bitcoin with a larger angle we can see it already gave us lots of opportunities and will work for better future non depending on the BTC/USD rates.

OP from your point of view I can see that you cherish Bitcoin and you are also a good investor for you to invest on Bitcoin for a decade. You will reap from the fruit of your labour because its a long term investment but I hope you don't get discouraged later to sell your Bitcoin Holdings.

A time will becoming when Bitcoin price will shoot high and so many investors will keep their Holdings.

No amount is too small or big in Bitcoin investment, the important thing is that you have invested and have some MBTC. People that says Bitcoin will die are those that don't understand Bitcoin concept. In all cryptocurrency, Bitcoin has survived and spread rapidly  amongst other no matter the economy challenges the world is facing.

That is the standard response people have to anything that is new and they do not understand, and while they had been right about some of those new inventions and those inventions did disappear, they have also been wrong about technologies that changed the world.

A few examples of this are cars, electricity, television, the Internet, computers, smartphones, video games and of course bitcoin, technologies which the average person did not understood and claimed they will disappear, only for those technologies to eventually form an integral part of our modern world, as such as long as we see potential in a technology we have to follow our own instincts and avoid doing what the majority of the people do.

You should only Trust or Believe in the Perfect HAND that controls/guides Bitcoin rather than trusting Bitcoin itself. Without the Perfect HAND, it would be corrupted by people and destroyed.
It's actually a well developed and very useful technology. Anyone who understands its true value would invest his/her time, efforts (not necessarily money)etc in seeing that it continues to develop to the right direction for the benefit of humanity/society. Your good contributions will ensure a sustained price increase. So, better to focus more on its development... its price will continue to increase as long as it continues to be valuable/useful.

I guess that's part of the natural evolution, I mean when people says that a certain invention is going to fall and it will be doom, guess what, it will go the other way around. Just like in the beginning, yes many people invested on bitcoin but sell early because they think it's going to die. And majority of them are not regretting their decision to sell early because bitcoin really took off in the last 10 years or so. Not to late to invest right now, the price is very cheap so take advantage of this situation.

Bitcoin has always been around whenever the market condition is not fine. Bitcoin has witnessed the birth and death of many altcoins and shitcoins yet he has remained unshakable. It is a good idea that you want to invest in Bitcoin, I commend your courage, bur leaving your investment for a decade is a way too far . 10 years is not today and nobody knows what actually will happen in the next two years let alone in the next 10 years. How rich are you that you will not be needing your investment until 10yrs time?

I came to know about bitcoin somewhere in December 2021. When it was hovering around 50,000 USD.
 I read about its story from how Satoshi started the project to bitcoin pizza and more.  I felt inspired. I decided to learn more about it and joined the forum with the same intention.
Over period of time i learnt things from crypto-wallets to crypto-exchanges. I learnt how bitcoin gained value and what are its benifits.
I also learnt about the flood of altcoins in the market, and how they are rising and falling overnight. Giving people chance to gamble and make fortune.

However to me bitcoin always felt special, because while projects fizzle out now and than, bitcoin has steadily been the corner stone of cryptoworld.
Also maybe i joined this forum, may be this naturally enhanced my trust in bitcoin.
I am not an avid investor. I invest small amounts now and than in bitcoin, and intend to not to touch my investment atleast this decade. I hope by then it will grow to a respectable sum.

While lot of people off late were saying that bitcoin is finally doomed to fall. Recently my trust in bitcoin has substantially increased because of the  way it held its value against market forces . While all the currencies including euro and yen, showed a steep drop against dollar. The share marked saw a fall. Bitcoin held its ground.Against all the naysayers against all the government bans and restrictions, bitcoin managed to hold.
I believe it has proven its mettle.
I believe soon bitcoin will rise and shoot to the stars..
Waiting for that to happen.