Topic: You are still very early - page 8. (Read 1026 times)
For long term it is. Ive been grinding with somr altcoins just to accumulate gains for bitcoin investment. Its not bad to play with some alts since its multiplier is much better than bitcoin. Thats my play. Even if someoen advice me to stay away from alts, well they cant persuade me to focus on bitcoin alone since I know how the gains are much easier made on alts than bitcoin. Im not a whale so just gonna do a way to make my little capital to swell first beforr focusing on an expensive bitcoin.
All your points are correct and I totally agree with those, but even if we put our best effort in convincing those people to invest in Bitcoin, still they won't be convinced because they'll find a way to think that we are trying to scam them and their mindset won't allow them to purchase this rare asset.
I said rare asset because Bitcoin truly is rare and once the supply gets reduced and demand gets higher than those people will understand the rarity of the digital asset . Most of them will regret that why they didn't purchase Bitcoin when its price was still below $27k. However, that regretting won't be helpful either because they won't be able to do anything then.
That's why it's still the best time to buy Bitcoin because I'll surely say that with next halving the $27k range will be a dream for accumulators as it will never go that down in price ever after the next halving. Instead of listening to those people who discourage people from purchasing this asset we should follow those people who encourage us to accumulate as many bitcoins as we possibly can.
As you have said, newbies should look for the bigger picture, not just the next halving, but the next and then next one. Because once bitcoin supply is getting limited by every halving, the price will definitely go up as there will be more demand, the basic law of supply and demand will be more evident than ever before. And we don't need to invest 1 BTC right away, just keep grinding and accumulate as much as you can, in your capacity. Be 0.1 BTC or lower.
It is very common to hear people reject Bitcoin investments because of perceived high prices, a decreased supply of Bitcoin for miners, and the belief that it is too late to invest and if we look at the bigger picture and understand that we are still in the early stages of crypto adoption. I agree as brother Despairo said that working and making money in real life and then converting to Bitcoins is a better option than gambling with "shitcoins". Let's Start from 0.1BT
1. Bitcoin total max supply is almost at 21milliion, why should I invest?
2. Bitcoin miners are not making more Bitcoin as they used to.
3. Bitcoin value is too high, I won't make enough gains investing in Bitcoin.
2. Bitcoin miners are not making more Bitcoin as they used to.
3. Bitcoin value is too high, I won't make enough gains investing in Bitcoin.
1. And we are getting to that 21 million almost getting mined. Perhaps in the next 3-4 halvings.
2. Hashpower is the key
3. Another lame excuse I do agree
Before you nailed me to the wall for saying these, this aren't mine, they are shit talks I heard from people who believe that Bitcoin investment is too late, what advice do you have for them? Your contributions are welcome.
All I could tell such people is that, they should look at the bigger picture, we are still early than they think, how many people in the world are out of Bitcoin and Crypto? Not even 10% of the whole world population are in Crypto today, and the most effective reason for Bitcoin to keep growing is the adoption rate.
Like I keep telling people, with 0.1BTC in few more years you will be one of the Bitcoin OGs, all you need to do is HODL firmly.
Remember that some early Bitcoin adopters bought pizza with their Bitcoin, real scarcity rate and massive adoption is coming, don't stress yourself, just go for 0.1BTC.
All I could tell such people is that, they should look at the bigger picture, we are still early than they think, how many people in the world are out of Bitcoin and Crypto? Not even 10% of the whole world population are in Crypto today, and the most effective reason for Bitcoin to keep growing is the adoption rate.
Like I keep telling people, with 0.1BTC in few more years you will be one of the Bitcoin OGs, all you need to do is HODL firmly.
Remember that some early Bitcoin adopters bought pizza with their Bitcoin, real scarcity rate and massive adoption is coming, don't stress yourself, just go for 0.1BTC.
As you have said, newbies should look for the bigger picture, not just the next halving, but the next and then next one. Because once bitcoin supply is getting limited by every halving, the price will definitely go up as there will be more demand, the basic law of supply and demand will be more evident than ever before. And we don't need to invest 1 BTC right away, just keep grinding and accumulate as much as you can, in your capacity. Be 0.1 BTC or lower.
To be fair most of people are looking to get rich quick by flipping their coin, that's why they're prefer to gamble on shitcoins rather than looking for the safest long term investment e.g. Bitcoin. There's always a person who can make money through shitcoins, but it's just like picking a needle in the haystacks, the chance is very low. They're also uneducated, that's why they don't have any reason to invest in Bitcoin except for making money.
Working in real life and convert to Bitcoin is better than gambling in shitcoins.
Working in real life and convert to Bitcoin is better than gambling in shitcoins.
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What happens with many people is that they are not able to see the big picture and only see the short term. But to put it bluntly, we are less early than we were a couple of cycles ago. In terms of adoption, there is still a long way to go, but the peak of bitcoin's positive volatility was experienced in the first cycles, when everything was more uncertain and pizzas were paid for with bitcoins. That is not going to come back, even if there is still a lot of good left.
You can say that to people who want to change their lives in the future and are willing to embrace new things like Bitcoin. As we know, many people are still sceptical about Bitcoin and don't think its presence can help them have a better future.
It's not too late to invest in Bitcoin, especially now that the price is still at $ 26k and will increase again. So if those people are willing to start investing in Bitcoin, they won't regret it, especially when they see the price of Bitcoin going up this month and beyond.
But if they still don't want to invest in Bitcoin, we don't need to force them to do what we do because it is a choice. We have a choice that we want to make, including investing in Bitcoin or something else. So it's better for us to invite people willing to accept Bitcoin, focus on collecting it only, and let people who don't want to follow us.
It's not too late to invest in Bitcoin, especially now that the price is still at $ 26k and will increase again. So if those people are willing to start investing in Bitcoin, they won't regret it, especially when they see the price of Bitcoin going up this month and beyond.
But if they still don't want to invest in Bitcoin, we don't need to force them to do what we do because it is a choice. We have a choice that we want to make, including investing in Bitcoin or something else. So it's better for us to invite people willing to accept Bitcoin, focus on collecting it only, and let people who don't want to follow us.
1. Doesn't matter. We haven't reached close to how much demand bitcoin could get.
2. But yet we have so much hashpower.
3. These people will end up investing in some "cheap"(a.k.a. high supply) coins/tokens and end up getting totally burned.
2. But yet we have so much hashpower.
3. These people will end up investing in some "cheap"(a.k.a. high supply) coins/tokens and end up getting totally burned.
1. Bitcoin total max supply is almost at 21milliion, why should I invest?
2. Bitcoin miners are not making more Bitcoin as they used to.
3. Bitcoin value is too high, I won't make enough gains investing in Bitcoin.
Before you nailed me to the wall for saying these, this aren't mine, they are shit talks I heard from people who believe that Bitcoin investment is too late, what advice do you have for them? Your contributions are welcome.
All I could tell such people is that, they should look at the bigger picture, we are still early than they think, how many people in the world are out of Bitcoin and Crypto? Not even 10% of the whole world population are in Crypto today, and the most effective reason for Bitcoin to keep growing is the adoption rate.
Like I keep telling people, with 0.1BTC in few more years you will be one of the Bitcoin OGs, all you need to do is HODL firmly.
Remember that some early Bitcoin adopters bought pizza with their Bitcoin, real scarcity rate and massive adoption is coming, don't stress yourself, just go for 0.1BTC.
2. Bitcoin miners are not making more Bitcoin as they used to.
3. Bitcoin value is too high, I won't make enough gains investing in Bitcoin.
Before you nailed me to the wall for saying these, this aren't mine, they are shit talks I heard from people who believe that Bitcoin investment is too late, what advice do you have for them? Your contributions are welcome.
All I could tell such people is that, they should look at the bigger picture, we are still early than they think, how many people in the world are out of Bitcoin and Crypto? Not even 10% of the whole world population are in Crypto today, and the most effective reason for Bitcoin to keep growing is the adoption rate.
Like I keep telling people, with 0.1BTC in few more years you will be one of the Bitcoin OGs, all you need to do is HODL firmly.
Remember that some early Bitcoin adopters bought pizza with their Bitcoin, real scarcity rate and massive adoption is coming, don't stress yourself, just go for 0.1BTC.
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