Bitcoin Forum

I am often considered crazy by friends around me who invest in stocks, bonds and real estate, they always laugh at me when we discuss portfolios and investment opportunities. Maybe some of us (on this forum) also have the same fate as always being ridiculed when talking about investing in bitcoin.
Maybe they still lack knowledge about Bitcoin, and don't know how the pattern of cycles is, so they close themselves not to investing in Bitcoin, and on average they say that Bitcoin is an investment based on speculation so that fluctuations occur, but my logic rejects this because stocks and real estate can also be influenced by speculation.

I may not be someone who has been investing in bitcoin for a long time but my confidence started to form when I often read Bitcoin cycles and I witnessed the cycle always repeating itself which is the basis for me to dare to invest in Bitcoin, my belief is getting stronger after reading this thread...

If ATH is formed again in 2024 or 2025 I think there will be 10 times more people adopting bitcoin and learning about it than today (or maybe even more than 10X) and I would really like to laugh at my friend who insulted me.

I thought I would like to know how your trust process builds up in investing your money in bitcoins?

Quite a few of my friends and family used to do the same when I started investing in crypto when it was ~$200, the ones that have actually tracked it since then (or have a reddit account) no longer feel the same and normally try to change the subject when it gets  brought up...

Whether we'll do 100x or even 10x in the next decade again will be something we'll have to wait on and watch but I don't think those same people calling it a scam, bubble or ponzi will be quite so loud if it does. As always, diversification can't hurt and it might be a good idea to invest in other things (stocks seem a useful way to learn self control because they can also drop when you initially invest in them like bitcoin might).

I started reading in 2013, never really fully involved back until April 2014 when I created this forum account. All I ever thought about bitcoin was this magic internet meme money that no one will really take seriously. The deal was sealed when I experienced my first bull run back in 2016, after buying for 2 years at prices ranging from $180 to $300. That climb to ATH ($1300) before climbing back down to $700 was ecstatic, and since then I started believing that bitcoin could give an insane value to your investments if you timed and bought at the right moment - or even just averaged your buys if the price is too high.

Fast forward to 2023, I now have some investments in VUL, some stocks, and some gold, but the bulk of my investments remain to be in bitcoin and crypto. I kinda laid low in buying due to some urgent financial responsibilities, but I remain to be a bitcoin believer to the core. Even some friends are already asking me to teach them how to invest, and I gladly help them and give them the knowledge I have whenever they have questions that they need some answers with.

I'm one of those who really 'should' have gotten into bitcoin as early as 2011 when I saw and read an article about Satoshi and his invention. But I didn't believed it then, fast forward to 2017 when someone reintroduced it to me, and I remember it too well. And now I also regret my decision not believing on it. But in 2017, it was not too late as I research about it and then later that year experience that huge run, all time high and that's how my belief was form. And after that, the learning curve, another bear/bull cycle experience, another lessons learn. Yeah, I think 0.1 is achievable even by beginners. Again as I have said in other threads, it's the mentality and the patience that will bring you to this goal in bitcoin investment, continue to save and stack sats in whichever way you can.

I formed my belief based in Bitcoin's progress along the years. There is also the theorical part, but a theory is nothing if it doesn't work for real, and in Bitcoin's case it has really worked on practice, as we can clearly see the digital currency's potential on long term since the beginning. Now my belief is based not only in history, but also on the characteristics which are exclusive of BTC in crypto market: it's the first original crypto among all, truly decentralized, creator didn't want personal status and popularity for himself, remaining anonymous, limited and scarce supply.

In my case, it's a lot less about halvings and scarcity and stuff — it's a lot more because of ideology. The importance of Bitcoin clicked in my head when PayPal banned my account and stole my money(for "damages", apparently) for no reason besides them being skeptical.

Time I guess? I already invested a bit right before the pandemic hit, luckily before the crash back then I pulled out before it halved my money, and refused to believe that it'd ever go back up again after that. Time slapped me a few months later (or was it a year? Don't really recall), so after that, I tried dabbling into trading, didn't do well (badly tbf), so I just waited for timing where Bitcoin was really down the red so that I can enter relatively safer. Was around $30k back then iirc.

Others have scorned me for investing in bitcoin, but I didn't think about it because our paths are different. We have to focus on what we choose and keep trying. The target of how many BTC we want to get will be each target because we definitely have different targets.

My trust process continues to increase after learning about bitcoin's journey over time, especially when bitcoin experienced an increase that I could not imagine before, namely when the price could reach $ 20k. That's when I felt bitcoin could go up so high, and I can't imagine it anymore. And it was proven when the price could touch $ 69k, and for the next ATH, I can't imagine the highest price because it could be above $ 100k.

I began my Bitcoin journey in 2016 when Bitcoin entered a bullish phase, seeing my money increase by 50% in a few weeks made me very enthusiastic about Bitcoin, I immediately started believing that it's the future of money, it will replace banks and fiat currency and so on.

Then with years I started thinking about Bitcoin and its state more carefully, I realized that it is rarely used as a currency, so I started thinking about it more as a digital gold, a safe haven, a hedge against inflation. Then the covid times came and subsequent turmoil in global economy, and Bitcoin in my eyes failed the test.

I still hold a lot of Bitcoin because I think the bull/bear cycles will continue and it's possible to make a good profit from them, but I'm not emotionally attached to Bitcoin to HODL it no matter what.

Many people still believe that bitcoin is a scam because of their experience with it. I know how many times I have advised my friends to invest in bitcoin, and they refused. They keep telling me how they invested it before through someone and they lose their money. I was letting them know that you can lose your money in bitcoin if you have your private key with you(I don't think they have it anyway)

I think the most reason why people tend not to invest in bitcoin might be due to lack of exposure to how to keep their assets safe, not understanding the volatile nature of the market, and not being patient enough. Majority thinks that bitcoin is a get-rich scheme

Because of the lack of knowledge about bitcoin, they always isolate bitcoin or people who invest here, so it's not surprising that at first I was the same but after giving them directions about bitcoin and its functions they now understand so they don't make fun of investment anymore, I prefer them aware of bitcoin because we know that in the future this development will be more rapid, the price can soar beyond measure.

My belief was formed because at the beginning of the year (in the past) I recognized bitcoin, so here I am more focused, we already know how bitcoin has had a good cycle so far, even about other speculation, I think it is considered normal, how we have experienced profits of more than 10x so here I am now more focused on investing in bitcoin with the DCA method, I remember the word that later a piece of bitcoin will be more valuable.
Convince you about bitcoin basically this asset will be more important than any bad thing.

Maybe not so much investment for me as a means of money. Working in a new country every year or couple of years for most of my adult life. And coming from a non-Western country, the ease of digital payments is taken for granted by most people. Myself included.

Bitcoin solved a lot of banking and money issues for me. Also started saving in Bitcoin, more of an experiment than anything but grew more convinced by its security and failsafes (it could never be taken from me).

The evidence for that, even the understanding of, came later.

Price is nice to behold of course. But the confidence that it is always there, always available, always accessible, always safe. That is the belief that keeps me here.

When a new ATH is reached, of course it will be extraordinary FOMO. Beginners flocked to enter and buy bitcoin at a high enough price to push bitcoin to its highest price. Maybe the dominance of bitcoin will be even greater. People are also starting to learn about bitcoin and people around the world are going to talk about bitcoin. But regarding adoption, it depends on each country because it is constrained by different regulations in each country.
People who have never entered and don't want to get to know bitcoin, of course they will lose, because the potential for bitcoin is still very large. If you have 0.1 Bitcoin at the moment, in the future when the new ATH is reached you will get many times the profit.

To this point, we still have a lot of forks who still believe bitcoin to be some form of gambling money and there is no certainty if and when it could amount to anything or a possible crash to zero price zone.

This type of mindset has clouded many potential investor mindsets and this has been their major drawback from adopting bitcoin, but with time and adequate knowledge,  that mindset could change in them.

I think the problem with those classes of people is that there is nothing to motivate them why because they never attempt to learn the many possibilities with Bitcoin.

it is their loss if they won't be open mind with btc or with this market. let them think what they think and mind your own business.

@OP, do what you think best for your financial portfolio. your friends can insult all they want but still continue what you think will be beneficial for your financials. and when the time comes that you reap your rewards, don't mock your friends (or maybe you can say - i told you so in a light manner. lol)
as you have strong belief in this market, use it to your own advantage. no need to worry about anybody else, they have their own disposition in life.

This is what im actually doing on which im not really minding on what other people around me would really be saying or its better for you to be silent on whatever things that you are dealing with.If you do get some

sort of teasing and telling that it is an investment which it isnt worth or something dangerous or the worst telling it as a scam then its better not to mind them and just move on on what you are currently doing.
They would really be changing up those thoughts on the time that they would be seeing that you had just progressed your lifestyle which is something that shows a solid prove out on what you are dealing.
Dont let other people do dwindle up on things that you do believe.Just stay focus which you do seem is right, because if you wont really be putting up risk then there's no way you could gain up.

Let me give my own instant in this your point. Investment of any kind is base on your ability to understand exactly the kind of investment that favors you, Bitcoin investment is not everyone and it's everyone that is lucky to run such investment and prosper on it, i will strictly advice anyone to join or venture into invest that will be favorable and well understandable to the person exactly.

Ideally you dont bet it all on black, have a diverse strategy as we all know BTC is a volatile asset even while its frequently and repeatedly been high growth.  Pull-backs can be extreme, I wouldn't encourage anyone to rely purely on BTC as that could be a harsh burden under pull-back in the sector this can be years in its effect.  Obviously its best to avoid selling in the lows but people need cash so that too is a reason to stick with multiple asset types.
  Its not uncommon to mock people, I dont know anyone especially who would praise attempts to invest as most just think of pension or similar investment handled at arms length by professionals only.   That would exclude high growth and ideas of high risk speculation or investment.

This is what a typical noob in crypto look like. They easily get attracted after hearing/seeing that the price of Bitcoin is rising fast but unfortunately by the time they enter the value of BTC will eventually go down. They will rattle and sell and call it a scam lol but I salute those who stay and congrats to them because they likely recover their losses now after building up some experience and knowledge about how this BTC or this market works.

It was before when people rarely use their BTC as a currency because there are less people who know it and then it is less recognized by the government but now the scene has change. BTC now is being use like a regular money.

It's okay @OP if your friends belittle you because you invest in bitcoin and do not follow what they do. Many people still underestimate the potential profit they can get from bitcoin, so they don't want to open themselves up to receive something that can be useful for them in the future.

You have to continue your actions and not be influenced by what they say because we choose what we believe. Don't let their words make you feel inferior and insecure. In the end, you will decide to quit. They will see how your profits will increase enormously when the bitcoin cycle is back and starts its long rally to make new ATH again. At that time, your friends will see the potential of bitcoin for them but it's too late for them to start because the price is already very high later.

Unfortunately, many people, when they do not understand something, simply resort to the easy solution, which is to assume that this thing is a scam, or that it is illegal/deception of investors, and from here every new investment or incomprehensible opportunity revolves in that direction.

Your words will be logical if you do not depend on the money that you intend to invest, meaning that it is money that you will not be afraid to lose in any way, then the investment will be logical and reasonable, but if you are investing money like money that you need during the next two years, it may be a great risk.

Dont mind them because people who doesnt know anything about Bitcoin would be always be having those kind of negative approach and ideas but its better to ignore them and continue on what you are doing.

Its true that its a speculative asset but its your money in the first place and you are the ones who do make out such decision on whenever you do decide to make up an investment.Its not their right
on where you would be putting up your money.

You would really be expecting negative inputs and insights for those traditional investors which its not that shocking anymore.

If you know what the history is, then you should probably only be optimistic about the future of bitcoin. Obviously we are only talking about the uncertain future, but bitcoin is an asset that is not going to die just because of a price correction and some negative news. My belief about bitcoin from year to year is getting stronger, it is formed from how bitcoin records its history. Adoption continues to increase and more countries will consider the technology.

I don't care what anyone says, they are free to say anything about bitcoin and my passion for it. But they are not the people who are responsible for our lives.

the reason I believe in bitcoin is quite simple, bitcoin always gives the best after the halving starts and after a 4 year cycle. I don't care even if the cycle changes I will still hold onto the bitcoins that I have and always collect as much as I can and bullish will definitely come.
there are lots of people out there who underestimate bitcoin investment when they don't know how valuable it is to have bitcoin with high utility and they only see the fluctuations without going into what bitcoin is.
of course there are lots of people out there who invest in bitcoin and are laughed at by friends, relatives and even family, but that is not an obstacle to collecting bitcoin and proving that bitcoin does have value in the future.

regardless of the words of friends who underestimate bitcoin, I am 90% sure that bitcoin is the future, at this time there are still many who take bitcoin for granted even though if they want to find information on bitcoin there is so much at this time.

I've seen Bill Gates' interview on YouTube, about the internet, email, social media, he was even laughed at because at that time, it was a strange thing, people only judged something that at that time made sense, until in the end when everyone used it, they just so the last follower, this is directly proportional to investment, people buy and are tempted when they see the price soar, not when the price is low and when no one is interested, especially the current state of the global economy, bitcoin would be better to invest in for the future .

There are several views from people about bitcoin, trust before starting accompanied by knowledge about the journey of bitcoin, early 2017 I started trying to learn about bitcoin in terms of investment, because at that time many of my friends started investing. Unknowingly this influenced my subconscious psychology to try, and it really got me hooked to collect bitcoins gradually, precisely when bitcoin reached ATH in 2021, this incident hit me psychologically because I didn't try to buy bigger when the bitcoin price has not reached ATH.

To this day bitcoin is known as the best investment asset in the long term, many understandings that previously did not trust bitcoin, instead these people have been in the current investment model and around me more and more people are trying to learn about it, although there are also those who refuse truth about bitcoin.

I know bitcoin recently, I often hear my friends talk about bitcoin and other cryptos,
at that time I felt curious, so I asked my friend directly, what is bitcoin?
after that my friend explained what bitcoin is, its origins, and who is its creator.
after that I was looking for information myself about investing in this bitcoin, and I found this forum.
but until now I haven't bought bitcoin, because I don't have enough money to buy it, and maybe it's not the time yet, because I still don't understand all the systems,
but even so I really want to buy bitcoin and very excited.

There's no need to be surprised or pay attention to those who still underestimate Bitcoin, because basically they also don't know about Bitcoin and still won't want to know about Bitcoin because their prestige is far greater than the desire to learn to know anything they don't know yet. This means that when they refuse to learn for the sake of knowing about Bitcoin just because the person who invited them has not been successful, then they will continue to consider their own prestige more than trying to learn new things like Bitcoin.

Bill Gates also never regrets when they underestimate what he said and also never thinks about the fate of those who don't want to listen to his words in the past for now. So you also don't need to think about those who are still underestimating because this is not very good for you and can make your enthusiasm for believing in Bitcoin disappear.

It’s a bit ironic to receive criticism on investing to Bitcoin from traditional traders while global economy is being hit by inflation. Besides we are on 2023 already which Bitcoin already surpassed the 60K USD mark price from nothing. How come you allowed them to ridicule you while Bitcoin itself outperformed any company stocks available in the market right now.

Bitcoin investment is already premium and I’m very proud to tell it to my friends that I get my money from it. Probably you are just too shy or not confident to your investment which is why your friends treat you that way. Show them some dominance that you choose the right investment decision.

A few years ago, I was ridiculed by relatives and friends when they knew that I had invested in bitcoin. But now they can say they are afraid of me, they are so scared of me laughing at them because they see how much my life has changed in just a few years of investing in bitcoin. The best way to overcome those things, I can only say is to stay silent and focus on the goal, the things I have chosen. One day, they will have to bow to you.

I think most of us who feel the same way when we are belittled for investing in bitcoin respond with silence. We don't care what they say, and we try to prove it with time accompanied by valid data. And things like that make those who will be silent in the end. And it's not uncommon for people who underestimate us from the start and even think we're stupid actually come to us to teach them about bitcoin. Here, what I am proud of is the magnanimity of bitcoin users, most of us actually welcome people who come to us even though their treatment in the past was not wearing.

It's true that the decision was not taken by them because it is our money and we are free to save wherever we want, but sometimes I am also a little influenced by what other people say with their logical nature, but maybe when we already know the clear direction of bitcoin and memorize its history , I don't think it will be too affected by the words of the people around you.
Fluctuations are a normal thing in any market, but after we see that many people are starting to consider bitcoin, as you said, many countries are starting to conduct studies on bitcoin and some have even legalized it as a legal currency, such as El Salvador, it is natural for us to believe stronger.

The first time my eye opened with investment options was working for a job who checks their annual reports and portfolios. That hit me big time when I saw the number/amounts they are investing. It made me think, what's stopping an average Joe to do the same as this companies did?
The best part came in when cryptocurrencies are being offered like an asset although that is not the real purpose of it. That's when I started to take the risk.
"It will always go up." I never stop thinking about that, and my trust process always come from that belief.
There will be flaws, down market, whale dumps, and so on, but it always amazes me when it goes back up and people are starting to hype it again.

People or friends won't believe you when you talk of bitcoin investment except that they have seen some evidencial changes in your finance. You don't expect your friends listening to your investment if you are going back to them for financial help, it is this simple. if you have been around since 2017 then you will be able to tell the progress that bitcoin have gone to different ATH which is your story  So either they will also monitor how bitcoin has progressed by themselves. I don't bother myself after little time of educating someone.

Investments are those that you know well and are prepared for any eventuality. Others may not know what you know, so they want to impose their opinion on you. Discussing Bitcoin with my relatives, they are more interested in calculating profit ratio than getting details about anything. So I think, Bitcoin investment is not for everyone, there are some lucky ones like us who have invested in assets like Bitcoin for our bright future.

This sounds extremely familiar. I actually hate when Bitcoin gets brought up, which is quite frequent at family, and friends gatherings since they know I've been involved in it for years. I've had people who I haven't talked to in years message me years later because they know I was invested in Bitcoin, and asked about it.

I tend to avoid all discussions about it, because whenever I've tried to help someone understand it seems by our next meeting they ask the same questions, and make the same infuriating statements. So, I've practically given up. 

My belief in bitcoin started off as a way to make some extra cash. A rapper in my country showed me the way that we could earn with bitcoin. I was young, had no direction in life, and was just trying to see whether I can make a living or not. Then I stumbled upon bitcoin, and it changed everything for me. I started to make money with the faucets, buying/selling stuff on forums, offering service for bitcoin, and it gave me a sense of purpose (I was young and dumb lol). As I delved deeper into the world of bitcoin, I began to understand the true potential of decentralization and the power of blockchain technology. I saw how it could empower people and give them more control over their own lives, free from centralized systems. It's faster, cheaper, and more secure than traditional currencies, and it has the potential to revolutionize the way we think about money and financial systems. The way that governments and central banks have tried to control and manipulate traditional currencies makes me sick. Bitcoin and blockchain are the way to break free from that kind of control, free from authority, and free from the status quo.

I just trust the code more than I trust any human or government. People after all are all untrustworthy and greedy and evil. I believe in the power of bitcoin and the code of blockchain to change the world for the better place. And after many cycles, people like us just have even more faith in this revolutionary technology. Right now I am preparing for the next phase of cryptocurrency. I will try to collect as many bitcoin as I can and a price below $16000 is definitely my aim

Of course this is a motivation for me, and I don't have to put up a fight against those who mock me, because even putting up a fight will be useless when we haven't made anything from bitcoin.
Maybe I should also stay away from gatherings that talk like that over and over again, it's true that the same words and questions every gathering are very annoying, maybe it's better for me to stay away, to be honest it's very tiring, maybe I'll follow your way.

It is a matter of consistency with what you are believing in the first place. As long as you have your own reason to continue with the thing you are passionate about, then you're good. It is just that people would doubt something they are not really aware of until they see the fruit of your 'labor'. As others have mentioned, many of us experienced such doubts from people around us regarding this technology. But on a broad perspective, it is just a misconception and misunderstanding. Since you are the one who knows well of this industry, it is somewhat not surprising to know that you are the only to be amazed of the potential for this technology. Just continue as you believe.

There will always be people who laugh at you and of Bitcoin. But you don't get affected, do you? Deep inside you, you know that you are doing the right thing and they're simply ignorant of what you are into. I have also encountered numerous crass opinions about Bitcoin and those who are supporting it, but I'm not affected. In my mind, why should I be reacting too much to them when I know I will have the last laugh and it is just a matter of time before they will regret not joining me instead.

We just need to remember one thing we are making money for ourselves, for our family, so we don't need to care too much about what outsiders say. They laugh at me because I invest in bitcoin, which is supposed to be a scam, but I laugh at them because they know nothing about bitcoin, the future technology. And I'm pretty sure they'll have to invest in bitcoin as soon as another bull season takes bitcoin to another ATH.

In investing in stocks, real estate, or bitcoin, the goal is profit, so whoever earns more is right. I will be silent until the cow season comes, who laughs who, then we will know.

Do not waste your time talking to your friends about bitcoin, now if they had some misgivings about investing in bitcoin I would consider that to be acceptable as bitcoin is not really for everyone, but if they are making fun of you for investing in bitcoin then just never touch the topic with them ever again.



It is easy to build your confidence about bitcoin and its future, read the whitepaper, read books about about gold and how the economy worked back then, read about fiat and how the economy is managed today and finally look around and see for yourself the poor state of the economy of the world, and if you do all of this then you will understand why we are so confident on the ability of bitcoin to become a very strong form of money in the future.

To be honest, there's no reason to blame or push them away when they want to invest in bitcoin because they like us, have disbelieved in bitcoin in the past. All due to a lack of knowledge about bitcoin, and we know it. If we mock them or dismiss them as they did to us, we are worse off than them. Bitcoin is very new, it is revolutionary and it takes time for people to recognize and support it.

Therefore we will welcome when there are people who want to know more about bitcoin, even though in the past they made mistakes because they did not know about bitcoin. I think among the users who have been in the bitcoin environment for a long time there are also those who think the same thing (don't believe in bitcoin), but with time and with a lot of knowledge about bitcoin they finally realize that bitcoin is a very promising asset for the future . Not a few of the users have benefited a lot from here, especially in their finances.

In terms of trust Speculation vs Investment maybe I should at this point put my trust in investing, I don't care (demand and supply), what happens to the Bitcoin market, it's up to my friends who are involved in the crypto world to say something and think negatively of me, what is certain is that I currently believe that Bitcoin for future investment will have intrinsic value and the price of Bitcoin will experience an increase in value.

Bottom line: The Bearish Speculator is not the cornerstone now for me, the Bullish Speculator is the cornerstone now in my beliefs where I need to have some courage to profit, in the future.

When it comes to negative things then im a type of person who isnt really that much making myself that getting affected that much whether you are my best friend or someone who is close to me because in terms of investment then im not really letting myself really that impulsive or easily get that affected which would result into sudden change of it.

You cant really avoid those negative people would really be faced up along the way which would really be able to potentially alter or change up your plans basing into their own perspective or words.
If you are that a person who is easily get affected by these things then for sure you would really be committing lots of mistakes ever.

I was late finding out about Bitcoin. I didn't learn about it until January 2013 when a friend raved about a darkweb site called Silkroad.

I wasn't interested in the contraband that was available but the digital currency that they used fascinated me. I was already an open-source and file-sharing enthusiast. When I first heard of Napster, it wasn't the free music that attracted me. It was the peer-to-peer file-sharing. I watched as they tried to shut it down as it morphed from Napster to Kazaa to Bittorrent to Magnet Links and grew to include videos and applications.

When I first heard of Bitcoin it was trading for around $15. I regretted missing out on the glory days when bitcoins were mere pennies apiece. By the time I had studied up on dual-key cryptography and SHA-256 hashing and realized it wasn't a scam, it was already up over $30. By the time I figured out how to buy it without risking my money on the internet, I paid $68 each for my first few dozen bitcoins.

I held firm when the price crashed from $266 to under $50. I kept accumulating through 2013 and made the mistake of sending 50 coins to MtGox thinking I could take advantage of an anticipated price swing. Needless to say I lost those 50BTC. I lost another 120 BTC to a hack when I stupidly left them on another exchange. Since then all my coins are safe offline in cold storage addresses generated on non-internet capable machines and printed on a dedicated printer that has never been connected to the internet. Printer spool buffers can be hacked.

I kept accumulating. The last time I bought over 10BTC in a single day was in 2015 when the price dipped below $200. I didn't sell any until late 2017 when I took a little profit in the form of new Zitcomia dental implants and a house in Mexico. I held while the price crashed again and in the spring of 2021 I sold a  couple million dollars worth to buy 400 acres of virgin forest in Ontario with a 25 acre completely private lake. Last spring I sold another $2M to buy a triplex in downtown Toronto.

Bitcoin has been good to me because I held.

I started knowing bitcoin early when it was still around $300, but I didn't know much about bitcoin at that time and wasn't much interested in getting bitcoin or collecting because I didn't think I would see these days.

My belief in the future of Bitcoin began when I saw the price rise to $1,000 and then to $3,000, then I began to believe that there is a great future ahead for Bitcoin and that it will certainly be the currency of the future.

Of course, the goal of accumulating bitcoins will be different according to each price cycle, because what you could get easily before is now very difficult.

I see that 1 BTC will be good in any price cycle, I am sure that one day soon it will be like a dream for many of us to get this number.

If I remember correctly, the time bitcoin hit 300 USD was in 2013 or 2014 because when I first found out about it, it also had a similar price. I have invested since then, but I don't buy to hold, I use bitcoin to invest in Ponzi projects. Of course I don't think about its future either because the goal back then was to earn as much fiat as possible.

Also talking about belief in bitcoin: I had a period of distrust in bitcoin's future that was in 2018 when bitcoin dropped from 19k$ to 3k$, and I lost everything at that time, that's the time when I was most depressed. But after bitcoin gradually recovered, I started reinvesting, and my firm belief was built from there.

The people who joined bitcoin when the price was between $300-$400 never thought that bitcoin could increase to $69k in the last ATH. Many people think that the price of bitcoin was reached $ 20k and the highest bitcoin price will not exceed $ 50k. But many of them were wrong and bitcoin still broke through to $69k.

And right now, after the bitcoin price can reach $69k, the price can exceed that price, especially in 2024, the halving will start, which is likely to affect the bitcoin price greatly. These times are thrilling because we don't know when the bitcoin price will start its massive rally and can only guess it will happen this year or next before the halving starts or after the halving is over.

It's just crazy because they are thinking the wrong way and when they start to believe they are back to you and keep asking.
This is normal for me because they have a different vision from yours, and another thing they must not talk about for things that they don't know.

I believe that there be more people will be introduced to Bitcoin even price is dumped or pumping.
Bitcoin is not here just for the price only, really use of Bitcoin is for payment. Regarding the adoption, there are also a lot of players in the cryptocurrency space right now, not Bitcoin only. Consider also these altcoins, if you combine whole altcoins market cap, they are huge. So, it will be different in the future, even the price of Bitcoin will not that high to pump compared to previous all-time highs.

That is true that 2017 was a good period, too many people got in and that's when it started to go up because all of you got in. People who are not aware of the fact that bitcoin is by far the best thing ever, are the people who have absolutely no idea about how awesome bitcoin is in real life.

I mean I have to say that it's going to be something special when the day comes, as high as 100k or 200k or even more. In order to profit from that, we need to keep on buying more and that's going to take a while, so we should all keep buying more no matter what the price is. I will keep buying now, and I would buy if it was 100k too, I just buy no matter what I do.

I'm one of those who got into 2017, yes, I still remember that time, I'm still a newbie and didn't know how to play the game or even save some. All I wanted is to get some profits and that's it.


But during the next cycle, 2018-2021, my outlook has chance, I learn how to accumulate and when to sell at the right time to maximize the profits.

And now that the next cycle started last year and most likely it will continue the bear market throughout the year, so still a best time to continue to buy and save and then HODL and wait next year because it's going to be huge, $100k and up are the prediction.

they laugh because maybe they think bitcoin is something new and an investment asset that is still foreign to their ears.
everyone has a different point of view, but insulting or ridiculing is very unkind and very intolerant.

people like that don't open their eyes, they just stay silent at the limits they make, but that doesn't mean they are wrong, but the attitude of those who insult bitcoin is wrong.

be tolerant, all the assets that exist now, everything is good, everything is useful, and everything has a good impact on economic progress.

To maximize bitcoin investment, you need to know some basic things before starting, but never push your capital capabilities with large targets, investments can be made slowly and gradually, we just need to see the right moment to make a profit. Now that bitcoin is in the recovery process, you can take profits in the short term and make regular purchases in the long term, so that when bitcoin reaches the next ATH, you will benefit greatly from both investment patterns.

Now is the right time to buy bitcoin and we can take advantage of the short term to add to the assets we have, after we gain capital stability and profits in the short term, then the long term is the next priority.

Everyone is looking for profits in investing, therefore we need to be selective in choosing, bitcoin has shown an existence that can guarantee the investments we make, sometimes we use different patterns but the ultimate goal is also the same to make a profit. 2017 was a very important moment for me, because it was in that year that I got to know the process of investing in bitcoin and so far I have been involved in the investment.

It's not strange if they think of bitcoin like that because they have never heard of bitcoin before. After all, those who insult bitcoin will surely see how bitcoin moves in the future and when it comes, they will regret it for insulting bitcoin and don't want to accept bitcoin like other bitcoin users. We also cannot impose our will on them because they have their own desires, which are different from ours. So we just let them choose what they think is suitable to do and choose.

Oh you guys still talk with outsiders on this? I've stopped talking about my investments long time ago. Either people get intimidated, they don't understand or disagree. And while it's fine to disagree with me i still get ridiculed a lot. I advice if i am asked, but mostly my advices are somehing like: "don't get involved without researching a lot."

Just few days ago someone saw my crypto related profile and said: "Are you seriously unironically somekind of crypto bro?".
I said that i bought my first cryptos near new years eve of 2013-2014. And after they spend some of their time laughing at how stupid NFTs and crypto is without me saying anything they must be realize at some point that i actually know a lot compared to them and suddenly they are not interested to talk about the whole subject.

Which is fine by me but i just got insulted and didn't even got a change to defend myself which is annoying.
It's not like i am asking about their hobbies and laughing at their hobbies and saying that are they really unironically doing that.
Well after POS least i dont have to deal with the accusations of how i am destroying the planet. Or if i am they are easy to shut down.

And no i don't want to laugh at my friends who were wrong. And i've been telling people whom i originally told that i have lost everything because i don't want to be a potential rich target of any kind.

And it has happened, yes many of those who used to doubt bitcoin now they have become part of the people who own bitcoin. It's a cycle that will continue to happen here, I won't even be surprised when many people flock to learn about the basic concepts of bitcoin.
Precisely this is what opens their eyes, I mean let them doubt and underestimate bitcoin, with that bitcoin can show something they couldn't see before, that's what will make them interested in learning this.
In the end they are the ones who judge whether they will be part of the people who believe in bitcoin or vice versa, but I believe when they learn about bitcoin they will be part of the people who believe in it.

Actually I don't care about people hating about bitcoin and they are blacklisted for me because they don't accept advice for crypto investment, I mean that I respect their investment principles even though they are not involved in bitcoin investment but they don't have to interfere to ridicule other people have bitcoins in their wallets and some of them make overstatements in the current market conditions for the purpose of making others hesitate to invest in crypto.

I know they will eventually trust and learn crypto in secret because the percentage of new crypto users will increase if bitcoin can recover higher prices or can even reach new ATH. So let time will convince them to get involved in bitcoin investing and let's just focus on the current portfolio and ignore their words.

True, it has been so far that the people who have insulted bitcoin experienced disappointment when they saw that bitcoin could reach a price peak that formed the last ATH yesterday. But when the bitcoin price slowly decreased and reached the point of $15k yesterday, they again said that investing in bitcoin was a mistake for bitcoin users and tried to instill faith in bitcoin users that bitcoin will continue to decline.

But again, they are wrong because bitcoin prices are starting to increase, although not too high. But that was enough to silence them, not to badmouth bitcoin and say that, yet again they were wrong in saying bitcoin would fall to the bottom.

When I first heard about bitcoin in 2020 through a friend, I didn't pay much pay attention to it cos there wasn't much exposure to it apart from being a bubble investment that will soon burst. Which I regretted believing then.

My bitcoin journey came to the limelight when I was introduced to this forum in 2021. All my negative thoughts about bitcoin were changed due to my involvement in the forum. I realized that bitcoin is the future. Still that 2021, I made my first bitcoin investment and some other altcoins. I saw how my bitcoin investment skyrocketed and some of my altcoins lost value in the long run. After that incident, I choose to be investing in bitcoin more than altcoins

Building strong beliefs about relatively new investment is not easy. You really have to find a lot of information about it ^{[from friends, the media, or wherever]} so that you are absolutely sure about what to make of your next investment asset. There are many stages that must be passed before one can be absolutely sure, and this process is not going to happen in one day or any time soon.

I wasn't really sure about bitcoin or crypto at first, but after some learning I was convinced enough that bitcoin is good investment asset for me to consider. Instead of gold, I tend to choose bitcoin right now as my investment asset, even if it's big risk. After all, I'm not just thinking about its potential because basically I also need to consider how to keep it safe in the long term.

Such a cycle will continue, they scoff at bitcoin when a bear market occurs, and at the same time they race to invest in bitcoin when it reaches ATH. The problem is at this point, they are buying on ATH, so they have to wait longer to make a profit. Because usually when bitcoin reaches ATH then next bear season will occur, and so on.
Then they easily say investing in bitcoin is something that is detrimental. They don't even know what they are doing.

At first it might be the same as everyone just experimenting with this latest innovation, and there might be a lot of doubts at the initial stage because it's quite difficult for beginners to buy bitcoin.
The question that often arises is what is bitcoin and what to buy bitcoin for which might have a negative connotation, but after time went by and heard a lot and I began to study bitcoin and how to buy it, in the end I was addicted even though I had given up several times because I experienced losses and let bitcoin I'm in the wallet, which in the end the price jumped, right on that day I got a profit from bitcoin and started to believe in bitcoin, if I'm not mistaken it was in 2017.

It would be their own fault when they bought bitcoin on ATH and they should have realized that they had been wrong for saying such inappropriate things all along. They forget or don't know that they are buying bitcoin at a high price and don't realize that what will happen next is a price drop which will even trigger a very deep decline. And if that happened, they would look at him in shock and not expect that they were seeing him again. And they will again say that the bitcoin scam without seeing the error was actually their own doing.

It is way easier to point at external sources for our problems as in that way there is nothing we need to do as someone else is to blame, but this kind of thinking is very toxic as such a person will never take responsibility for their actions, so anyone investing in bitcoin at the ATH probably does not really know what they are doing, and their loss is a result of their ignorance and their inability to accept they know nothing about the market and yet they trade it as if they did.

I like what you said.  Trust is built in bitcoin is a process that goes through through, that trust is rooted in positive things no matter how small or big, it accumulates into maximum trust.  I also invested in bitcoin with my savings instead of depositing it in a bank savings account.  That belief also helped me convince my wife to invest and start planning in bitcoin.

when talking about our money and investing , we must always put trust into that matter  no matter what comes out because this will also build your confidence and skills. boosting your inner belief and idea and going to progress and success.
that is what motivates us into investing and not negativities .

Yes, cycles, and how we all going about it. For those who have witnessed it in the past, I would say that we have trusted it already because it really did gave us some huge profits specially in the bear market.

I know that others may argue that the pattern might break at some point. But remember that we have been in the bear and bull cycle and so far still met the criteria to hit every 4 years. So that is where the trust it, and we all know that the next bull run might happen next year till 2025 and so we will continue to invest today and wait till the price goes on another all time high.

I do agree that it was something that is definitely a bit of a challenge to begin with on making it, then breaking it would be even harder to handle and that's why I do not think that it will happen. I think it is a lot more possible to see bitcoin being on this cycle of ups and downs for a while and it will be like that for the foreseeable future. The best thing we could do about the current situation is to ride the wave, when it's low buy it, and when it goes up sell it and repeat that constantly for a steady x10 at the very last every 4 years.

If you start with 10k dollars, in 4 years that's 100k, in 8 years that's 1 million and you are already richer than you could ever hope for, if you start with 1k then it would take 12 years, and even with 100 dollars just 16 years and you are a millionaire if you ride the wave.

Like us who did the same thing the first time bitcoin was introduced or have glimpse about this coin and its market , actually i mocked my cousin that tried to lure me investing so let it go mate , they will changed mind in time just don't lose hope and effort.
that is what is true, lacking of understanding and knowledge tells them to laugh and try to mock us.
no , don't do that instead try to approach them more as you have a proof of what you are trying to tell them , best to lure them more to invest so the adoption will go longer.
this take time , as those people I know from bitcoin starts earning and making money that made me realized and invest.

But of course you should really be that mindful in towards risk involving it because you cant really just put up all of your money or fiat into crypto.Always have that border line if we do speak about limitations on which it would really be that normal because we dont know on what the future holds.Anytime it could crash or something that could be replaced.This is why it is really that risky
to take up such step but its not bad to take up some risk on knowing that you could potentially earn something from it. Stick on what you do believe but there should be always
that limitation or boarder line on how far you could only go and dont tend to go past beyond it.

It's true what you say, the trust that is formed will produce results that make us more productive in investing, something we cannot see but we can be sure of it will move by itself in our mindset and heart, the more we come into contact with bitcoin every Day by day we are increasingly curious about what bitcoin can give us and that curiosity makes us understand many things about bitcoin which encourages us to have even better skills to increase our investment in bitcoin. But to be honest, I personally also sometimes feel doubtful for some time but I'm always reminded of the initial purpose of investing in bitcoin and why I believe in it.

Doubts are normal but the moment that we fully understand how it works, it definitely changes to positivity. As long as we have an interest to something like Bitcoin, we never stop doing research and do found why we have to trust this kind of investment and can make an argument against our friends. As we have a solid purpose of being, no way we could stop until we reach our goal and to prove to the people around us that we are not a failure and to show them that we are not wrong in what we say.

Positivity + risk management would really be formed and enhanced out.This is why just let your experience and deal handling would do the rest considering that it would be enhancing up your skills and awareness

for anything that you are dealing with.Investing isnt something simple that could anyone be able to handle out because there are really that risk which you should need to consider out.
We are all started on being a noob but later on when experience and awareness do able to attain then we would really be molding ourselves to be more better compared on yesterdays.
Important thing is that we do continue on living and dont easily give up if ever huge challenges would really be coming on your way.

It's like having guilt because the results aren't yet there. I guess this is normal for everyone to think of when we're thinking of what we've done and if we invested correctly.
Just think of the actual purpose at all times so that you won't be feeling guilt about your investment. That's something to be dealt of as an investor because this could be a reason for us to start selling in a panic when we're emotional within that day. It's good that you're always being reminded by that purpose as why you bought bitcoin.

The 2017 uptick followed by the huge 2018 gear growth convinced me it is going to last.

Btw right now we are far off ath of 69k but just like 2018 gear growth is massive.

So i have faith in another strong 💪 price rally

While it's still a long way from the $69K price Bitcoin once reached, the price rally is now also very good and is even closer to $25K again. Hopefully this good thing can continue past $69K so another ATH can build up very neatly in Bitcoin. Personally, I am also very optimistic that the increase in the price of Bitcoin will continue well this year and everyone will be happy when they see another increase in the price in these two days.

We believe that everything went well after a year of tragic price dumps. We are too optimistic that this year is a recovery year for crypto and we are indeed excited about what will happen in the upcoming years as the halving is coming next. But, I don't expect an easy price ride this like reaching back to $69k to fast because I would think that even this year we witness some pumps yet it was not enough to make it. Yes, we are still far-reaching for another ATH.

   -   My belief in bitcoin was formed because of the progress it has shown over time. Also through my learning about bitcoin and cryptocurrency.

Then I remembered when the value of bitcoin fell by around 200$ according to my research, I regretted that I wish I had known about Bitcoin then so that somehow I could have bought it.

But I don't think it was too late for me when I formed my belief in it anyway. That's why now no matter what FUD I hear and read about Bitcoin, I ignore it as long as the important thing is that I accumulate it little by little.

My belief on Bitcoin was formed when a friend of mine in the school bought a new car with he's profit, at first I didn't believe him untill I saw he's Bitcoin transactions I was like wow, at that time I was forced to learn little about Bitcoin stuff.

I have faith like you too friend. The best decision I ever made in my life was investing in the crypto market in the last few months. I Trust you guys, it really pays off a lot for the next few years.

We won't be here if we don't have a faith in Bitcoin. If we don't lose our faith when BTC is dumping hard last year then how much now when what we are witnessing are mostly increases and recoveries? I think many people now are more encouraged to buy and HODL than to sell compared to when we are on the bear market where most people are selling at a loss and then scared to buy more coins.

Each of us has a different belief in Bitcoin when we first start and not all are positive but there are also negative or also called as disbelief. We are still thankful that the disbelief that we feel are once again replaced by a belief after knowing more about Bitcoins.

For me it wasn’t an overnight thing. I slowly started working my way into Bitcoin by trying out all things Bitcoin related over time and growing more educated and comfortable with what risks I’m taking. I’m still learning but things have matured to the point where you just need to be aware of what to watch out for and if you’re safe and use BTC correctly the risks can be mitigated.

It is correct that the Bitcoin market moves in circles and if bitcoin is able to make a new all-time high this means there will be massive adoption of Bitcoin and this will propel the price of bitcoin to a higher level.
It is always a habit that newcomers enter the crypto-currency market during every bull run, in fact towards the end of every bull run new comers will join the market making it difficult for some of them to make profits.
Rather most of them would dump with the market entring into the next cycle.

I share same fate with Op, about the cyclical nature of Bitcoin, that is what has kept me going and I believe that this cycle will not be a different.

I think when we realized that bitcoin has value and could be spend like Fiat, then obviously it was a perfect opportunity to earn it. And then later as we grow mature, it became a sound investment.

That's how it started for me at least way back and then there is no stopping from there.

2017, it was crazy run, and then we wanted more, 2020, we got more experienced which means we learn from our mistakes. And then next year, it could be bigger and more crazy runs leading to a new all time high.

I knew bitcoin about 9 years ago, at that time I often saw special reviews about bitcoin on Bloomberg tv and often reported on the collapse of bitcoin which dropped from $ 1100 in 2013 to below $ 200, at that time the closing review was saying that staying away from bitcoin was better than investing , but this made me curious so I read a lot about bitcoin and at that time I could earn for free, because I was still in school and had no money to invest, I participated in many bitcoin giveaway sites, faucetbox, and so on, I even won the lottery 3 btc at freebitco.in.

I was in bitcoin a bit before that, during the time when it moved from 180 dollars to 1200 dollars, I got in on early 2013 so saw the price actually going up, and then going down. Believe me, it didn't really change much to be a bit earlier, because we didn't know that bitcoin would recover, now we know and now I hold it even when we are in bear market, but at the time I didn't know this, and sold mine.

I did the same methods, worked and found places and even founded a faucet once, and eventually made some profit from all of them and of course ended up selling them a bit later on. That's just how I do, it's just not easy thing for me at all to accept but that's the reality, millions gone basically.

For those who got in early but missed out on saving those coins neither Bitcoin or to those current top altcoins then it would really be giving out that kind of regret feeling but well there's nothing we can do but to

move on.Although it is really that cant really be avoided not to think on how it would become if you do able to hold into those early years.Even myself had lots of missed opportunities which i do keep on

thinking back because who doesnt really like on being rich?  :D :D but well its not really that late on investing but now we should really be more wise on taking up decisions.
No one really knows on what would be the future and this is why we do missed out opportunities and somewhat needed up to have some mix of luck. hehe

I want to encourage you so that you won't depart or be curious to make same profit he made to purchase a car. Any thing concerning cryptocurrency investment have do with time so it will enable you to scrutinized the market before investing, but the process whereby you consider your friend purchasing a car with Bitcoin and venture into Bitcoin investment without knowing the rules and regulations or the rudiments of Bitcoin, it's very obvious that you will end up landing on the losing side of Bitcoin investment due to you don't have the pre -knowledge of it.

I used to feel slighted back in the day when those I tried to talk to about Bitcoin would throw it in my face, mocking it as a scam. These were people who hadn't heard anything about Bitcoin before I introduced it to them, yet they mocked it instead of trying it out. That was in 2017. Some of them I even introduced to this forum but they later relented and dropped out. Fast forward to 2023, some of them are getting interested in the investment aspect of it. Sadly, I ain't that excited to waste my precious time on them anymore. I've moved on.

Was in my experience when my close friend shared it with me, I didn't immediately believe in bitcoin, because I didn't understand it because it just told me I could earn it here I didn't give it a go right away At least, a few months later I found out that my friend who shared with me was earning that I had an interest and found out how to earn it and study and I knew it but I didn't immediately notice it because it was too deep for me.

    I just believed here when I witnessed Bitcoin's bull run in 2017 last month, here I have just believed to gather bitcoin but I have experienced earning in Altcoins this year even though. So it wasn't even in my mind at this time that Bitcoin would gather.

I understand how disappointed and angry you are when you are belittled when you introduce bitcoin, and I think not a few people have experienced that. It is a risk that we must accept gracefully when introducing bitcoin to those who do not know it. And it's proven, time will tell everything, I mean over time they will realize that what you say is true and they start to realize that bitcoin is a valuable asset. But if I may give advice, then come back if they ask you back. Because what I'm worried about is that they learn from the wrong and irresponsible people, so that it will harm them later. I don't mean to be patronizing, but it would be better to let down the ego a little.

We do have that ego and pride specially when its been touched up earlier because you had been ignored nor really that been rejected.Just like me on which on the time i do make out some explanation into someone
but ending up that looks like that im just joking or trying out to swindle them which it do really give out that kind of feeling which you would really be that angry which is understandable.

This is why im not really that a fan on telling someone on what they should gonna do and let them able to know about cryptocurrencies existence when it comes to this manner.
Just let the awareness do spread out on its own.

In the past, you were really lucky by getting three units of Bitcoin through the lottery and some free ones through the programs and sites you mentioned. And from all the results you have gotten in the past, of course you will already be a very rich person in 2021 if you have never sold your Bitcoin at a cheap price. Because now it is very difficult to get Bitcoin for free on some sites and programs like in the past, so the luck that you got in the old days is very extraordinary luck.

The time I witnessed the bear market and then the price bounce back again, that's how I started to believe. I did my research on the history of Bitcoin and was convince that this is the right investment for me. Because before I engage myself in Bitcoin, I'm a victim of scam believing in a too good to be true offer. I started using Bitcoin as currency, just my way to send/receive money. But after noticing the fluctuations and how early investors made profit through it then I tried to hold as well and I gained after months of waiting.

I used to people calling it as scam because some are using it as a tool to scam other people. However if you dig deeper, you'll know the fact that all the accusations are not true.

If it were me, I wouldn't return to them, it's a furious feeling. I was also ridiculed in 2017 for talking about bitcoin with my friends, but in 2021 they really have a different view of me because of what I have achieved investing in bitcoin. My friends came back to ask me about investing in bitcoin, and I flatly refused, saying that if they wanted to be like me, they had to go through what I went through in the past. They need to find a way for themselves, and if they accidentally get scammed, that's not necessarily a bad thing for them, it's another lesson in a thousand lessons in life.

Well guys, not really ego bruising. Slighted, yes but not ego crushed. It was more of them allowing their ignorance to drown my goodwill for them as it were. Ego was the last thing that crossed my mind while that experience I narrated took place. Now, going back to repeat anything about Bitcoin to those set of people would be a waste of my precious time. I don't have such time to waste as I'm more occupied now than I was then. However, that's not to say one or two of them from the past haven't realized what they missed then not listening to me.

It is one of human nature so it is quite natural because indeed we have a high level of ego and greed as for other people who laugh at and are slapped by the fact that bitcoin is in much better condition than the previous few years, at least we have proven that bitcoin is one of the best place for Investment and it's not a scam like they used to think.
Giving more understanding to people who want to know can still be done, but for now there might be a limit when it's just sharing with people who want to hear it, so I think it can still be done.

It is first that altcoin was presented to me by a friend , as he was earning from that I though i will give it a try but not after I learned about this forum and of course bitcoin.
I spend time to read and understand everything about crypto here and yes started to invest more of my time here in Bitcointalk that helps me developed more of my belief and till now? i trust bitcoin and all of my folio.

The people who mocked you the most with Bitcoin will respect you again. Just need some time. In every environment there are some people who make negative comments without realizing anything. Many are violent. But keep growing your portfolio regardless of these factors. It doesn't take long time to change the equation with in moments. Take the ridicule behavior positively you get from your friends that would be your savings as well. The most valuable thing ever created on this planet is Bitcoin. We may not appreciate it yet, but there will be a time While possessing a Satoshi would not be possible for many because institutional investors will increase rapidly.

The best way is to ignore those people, just remember that everyone has a different goal, and we invest or work hard for ourselves and our family, not for those friends. We don't need to waste time explaining to anyone, instead, show them what you have achieved by investing in bitcoin. The best way to tell them is to show them your results to see who will laugh at whom. That's how I talk to people who have laughed at me in the past.

If they wont listen on the time you do make out some explanation then let them be and work hard and focus into yourself on which they would really be changing up their thoughts and minds on the time that they are seeing the results of your hardwork and risk taking here on crypto space.This is the time they would be approaching back into you and would be asking on how you do that but its better to ignore them or just simply tell them that they had just missed out the opportunity.This is why i dont really have the interest on sharing it up because majority of them would really be just seeing this just like a scam.
Its better to mind on your own actions and focus it out on what you are currently doing or dealing with.

Honestly, I also don't like sharing bitcoins with other people because I know they won't believe me and think I'm scamming. I myself recently had an experience, I don't share my investing with everyone, but my mother accidentally told an aunt far away, and she said I don't make money by scamming people. I'm really upset, but I don't want to explain, I think they're jealous of me because my economy changes so quickly, and they're suspicious and don't want me to surpass them.

It is included in the social jealousy of your own family because they are a little surprised when they see the changes that arise in you so that they immediately think badly before asking more clearly to you directly. Even though what you do and you fight for all this time is not wrong because you walk on your own path by not involving and disturbing many people around you. But it feels better if you want to give a clearer understanding to them with the aim of not teaching them to what you have done so far.

That's exactly what happened to most of us who got in early. Back when I first started, people mocked me and said that it will crash and burn and I will lose all my money, they acted as if I invested into candy, or something silly, but after a while they all started to see the benefit of it.

People who saw me years later all assumed that I was wealthy now because I was invested into bitcoin way before anyone even heard of it, unfortunately I am not :D. Because I wasn't smart enough to have that much, made just a bit, but still seeing all those people who mocked me at one time or another to come around and see how great bitcoin is made it all worth it.

As I said, I don't want to explain because I know they won't believe what I say, they are traditional business people, and they don't believe that it's possible to make money online or anything like cryptocurrencies. Along with the negative bitcoin news that the government media propagates every day, if I explained it, they would think I was just trying to justify it. I would rather say nothing, and my results today and tomorrow are what I want to tell them, society now just needs money, and we will always be correct.

you will continue to be laughed at by your friends if you convince them what they do not know about the value of Crypto, but their belief will be formed by itself if they have seen your real income from the investment you made. Likewise with my belief being formed, I am more confident about investing and looking for free crypto after I enjoy the results of what I do and this is real. This is where my confidence is formed and I continue to work to produce what is my goal with digital currency.

so you forced yourself from learning meaning same way that you will lose faith? once your friend losses his investment then you will leave bitcoin? and learning little stuff is not enough because you must learn everything before finally invest , though some of us risked first before learning yet this is not a proper way so you won't blame the market once you fail.
this is a volatile market that needs proper education and understanding because the price will change even faster than it grows.

You know you're right and you have a point here, In my experience, when I entered the bitcoin industry I didn't immediately appreciate it when I first heard the word bitcoin, it was irrelevant to me then and I didn't pay attention.

       But there came a time when I had a question about what Bitcoin is so what I did was I opened google and found out what it was, because I didn't understand it the first person who mentioned it to me I talked to him again and I asked him about it and that's when I started to learn about bitcoin and study it without noticing that I was already having an interest in it.

Confidence, of course, is not formed instantly but requires a process. We are equipped with various tools, especially the mind, so that we can distinguish which things are worthy of being believed in or not. Sometimes this requires experience so that we can make the right decisions.

If I am older than you then I think you have seen how difficult it is for us to save money, we were introduced to savings by our parents and most probably tried to buy gold as an investment. From these two methods, we learn that the money we have does not increase at all and it tends to be difficult to reach the stage of perfection for investing, therefore we try to perfect it with knowledge of other investment concepts that will likely take us to a much stronger stage and this is where confidence in bitcoin emerges.

Departing from these reasons we try to learn to invest in bitcoin and in the end we find a match as an effort to maintain the value of the currency we have, even though the fluctuations and risks of investing in bitcoin are also large. But when we understand the pattern then all activities involving money must have unavoidable risks and bitcoin answers our doubts about previous unprofitable investments.

I got cringed when I read the OP because people are laughing him because of his decision on making investment on stocks, bonds, real estate and cryptocurrency insted he is the one should laugh because they do not understand how the world works. In my community, majority of the people see us not normal because of the mindset that we have because it is really different from the normal people. We actually go to college but instead of goaling to gradute and get diplomas, our main mission on going to school is for fun but we are researching a lot of high income skill when we are in school. So we are disregarding what the school and the curicculum wanted to teach us and we focus on what we should have to learn in order to be successful. The problem today is majority of the people are conforming, they do not have enough reason why they are doing a specific task and job. Try to make a survey and ask someone a simple question like "why are you going to your job?" the majority of the people will answer they don't know because of conformity.

There is a misconception in our society where people thinks that they can become rich by having a job without knowing that it is impossible because people who are rich in terms of financially have assets that consistently giving them cashflows every single day. I'm talking about assets that you can earn money by without doing anything like holding a stocks and cryptocurrencies because you can earn money by price appreciation and dividends in stocks. By holding a piece of land because it gives you passive income whenever you have a client and if the price of the land appreciate. You are in a right way if you start making investment on this assets that I mentioned. It can be considered as a wrong path if you disregard or do not give any f*ck on investments.

And of course for everyone this goes through a long process, moreover for those who are more observant in capturing information, of course they will seek more basic knowledge to believe it and take an appropriate policy, of course. since the beginning Crypto has an attractive attraction for someone who makes an Investment, and of course at that time Bitcoin started to be very attractive and most people were looking for it.

Confidence arises when someone already has experience in something so that he already knows how to do something with greater confidence and enthusiasm. Because when someone doesn't know about something he will do, of course his confidence will not arise because he himself does not have experience and knowledge about it.

Seeking more basic knowledge is the same as seeking experience when someone is studying something. And yes, this can make him develop better self-confidence when he already knows it in full, so trust doesn't arise easily and instantly for everyone, but it can appear by itself when someone already has experience when he learns something very well.

I believe that people who also invested in stocks and bonds a few decades ago were also mocked and made fun of. Certainly, there's no point in explaining why Bitcoin is an asset worth investing in. I also have a few acquaintances who completely snob the concept of cryptocurrencies, let alone them being an asset.

Now that you're mentioning that it's a misconception that you can become rich by getting a decent job, in my opinion, the majority of people acknowledge it now and don't expect to become wealthy through a 9-to-5 job. Whether we like it or not, if you're not an entrepreneur and come up with something innovative, it's almost impossible to achieve higher goals.

In terms of opportunities, businessmen or entrepreneurs tend to be more successful than formal workers in most government agencies. We are never blind that businessmen and entrepreneurs have higher chance of success than others, and because of that most of them get rich. Of course we have a lot of evidence in the real world.

Business people also often get investments to grow bigger than keeping their money in the bank, so things like this really support their financial management plans in the long term. As for workers, they tend to work for a decent living with the same income every month. I believe workers will not get rich without corruption or having side jobs that they do.

Exactly, and it is better to be surrounded with a good quality people and avoid the pessimistic and negative ones who would like to bring you down. There is no need to focus on this category and waste your time and energy on them. If you have a goal, cover your ears and work hard on it until you achieve success, at that time these haters will shut their mouths, that’s how it works. In addition to that, investing in Bitcoin is always fruitful but in long term. By the way, the current price is still low ( under $30k ), that means it is a good opportunity to purchase as much as possible and HODL until it hits ATH again. However, it is pretty difficult to predict an accurate price of Bitcoin in the near future.

If you keep throwing rocks on every dog that barked on your way, you'll just end up wasting time and in worst scenario you will get distracted and cannot focus on your path. This kind of conversation and different perspectives in terms of investment is not relatively new. You guys for sure remembered way back when they said that this kind of technology seems impossible to implement and they didn't believe at first that our technology could develop the way it is right now, and now what? some jobs are already tech related and due to the inclination of our development today relies on technology in some cases, there're speculations and worries that there will be tons of people who will lose their jobs? Some says "go with the flow" but they are not open minded enough to accept new development and would always criticize that their choice is better than anyone.

Surely, when this bear market ends, we will see another flock of people who are going to dive deep into crypto once again, and we no longer have to mind every people who badmouthed bitcoin overall since it is still standing solidly as we speak right now.

When I first got to know Cryptocurrency especially Bitcoin, part of my time was spent studying Bitcoin. My confidence in Bitcoin increases when I see the price of Bitcoin, which has increased almost every year. I'm trying to cash out my savings including capital for my marriage to start investing in Bitcoin. My decision was ridiculed by my family, friends and even my girlfriends threatened me to get out of my life. But because I had the confidence to invest in Bitcoin, I ignored all the jeers and threats from my girlfriends.

I am aware that Bitcoin investment is based on speculation so that there are fluctuations, but because I am the type of person who likes to do something new, I choose to make up my mind to walk on hot coals. If I succeed all the Ridicule I receive will turn into praise. I managed to prove to them that the decision I made was very correct, the value of my investment in bitcoin increased and immediately released ¾ of the assets that I had with a satisfying profit.

My message is for those who want to invest in Bitcoin but don't get support from the people closest to you. "never give up on doing new things in your life, keep going according to the encouragement of your conscience. When you are successful, they will come to you to ask to teach them because they are inspired by the success you have achieved."

At the beginning , I was not completely interested in Bitcoin and generally Cryptocurrencies and to be honest, I screwed up when I was more into cash and looking a way to earn it.  after years, I have realized how important Bitcoin is. At that time, BTC has reached $20k for the first time in 2017 but unfortunately I have not gained anything due to I had no crypto and I remember my friends was extremely happy and most of them sold their BTC. In fact, I have decided to start this field by the end of 2017.  The good part I have never bought BTC and Crypto However, I have earned them by working in signature campaigns and doing some freelance jobs.

I know people around me who do not believe in Bitcoin. Although they do not ridicule me when I talk about Bitcoin (I've limited the rate I talk about Bitcoin with them to the bearest minimum) but they always feel I'm wasting my time. These people have been so closed-minded when it comes to Bitcoin. They feel it's a bubble that will burst one day or a scam. Some are so ignorant and I do not bother to convince anybody that is so confident in his ignorance.


Like you said you've seen how the Bitcoin cycle performs over time. When you compare Bitcoin with any other cryptocurrency you'll see that it's miles ahead of all other coins. No matter how low the price of Bitcoin gets, with trust and patience, you can rest assured that it will get back up. No other coin can boast of this.

Most common people reaction would really be something like this on which they would really be that only believing when they had seen that others had making some money which is really that a common scenario.

You would be having those feeling kind of regret on where you would really be having thoughts on the time you would be seeing on how much you had been able to miss out. Good thing that you do still make out
some realizations and find for yourself that it isnt really that too late.

Its not late to start even though you had missed out those opportunities but it doesnt mean that it would be over for you.There's always a path which we could be able to follow
but of course dont take it too lightly.

I started to get interested and form confidence in bitcoin from 2017, when I saw that the price of Bitcoin continued to increase from time to time. As you mentioned, the historical price of Bitcoin has shown a significant increase and there is potential for it to continue to grow in the future.

I can also understand that initially you may feel uncomfortable when your friends and relatives mock you for your Bitcoin investment. However, it's great that you stay focused on your goals and don't let other people's negative comments stop you from doing what you believe is right. The best way to deal with such things is to stay quiet and focus on your goals. When people see your success in investing in Bitcoin, they may start to change their view of Bitcoin.

However, I also want to emphasize the importance of maintaining ethics in investing. Never belittle other people or make them feel bad because their investment decisions differ from yours and vice versa. Everyone has the right to decide what is best for themselves, and it is important to respect those differences.

As a Bitcoin investor, it's important to open your mind to different points of view and keep learning about the technology and the ever-evolving market. It can help you strengthen your confidence in bitcoin investing and also help you answer any questions and doubts that your friends may have.

Since I first started investing in crypto currency, many of my friends didn't believe it and some even said that investing in cryptocurrency was a lot of scammers. But I didn't pay attention to what my friends were talking about, instead I wanted to prove the opposite as what they were talking about and it turned out that when I first got results from investing in bitcoin, that was where the belief was formed that investing in crypto currency, especially bitcoin, could generate large income.

Strictly speaking, our trust is only formed and strengthened when we get positive results from it. When I first started investing, I was always skeptical about the future of bitcoin because the people around me always spoke negatively about it. But after profiting from it, my belief became stronger. It can be said that trust will be built through results, when we receive good results, the trust will be stronger.

Not only just on the time when you do make profits but rather on the time you are really that gaining experience and awareness of it, it doesnt really only limit out on Bitcoin but also in other coins as well on the market. Once your understanding and knowledge deepens then the more realization you would be able to get and this is where belief would really be that neither changed or would be adding up.

Yes, due to bad marketing or bad exposure of the government or media about bitcoin which it cant really be blamed out on why there are new people is really that becoming skeptical just because on the things that they do read up around but on the time that those things would be cleared up and making up some DYOR then it would really be suddenly changed up overtime which its really that a very common approach. On the time that i do able to learn up Bitcoins existence is through those ponzi scams back into those ICO days somewhere on 2015-2016 which it is really that too rampant or
lots of ponzis of that time until its been bust up that its a common scam.

On the time that you do learn up sufficient knowledge then accumulating for longer years to come would be your main target on which it isnt really that a shocking or normal approach.

Today once again I remembered why I had something like bitcoin in my life to begin with. I wanted to pay something at a simple cafe/restraurant whatever. And their machine didn't work properly, so we had to wait there in line like technology is something new for 15 minutes, they offered us free tea until they figured it out after that, and we waited another 15 minutes, so a total of 30 minutes until they fixed their issue. We live in a metropolitan area, Istanbul, that is as modern as it gets, and this was a high level place too, not like it was a small shop, it was a place that makes 100k+ lira (or 5k+ dollars) per day easily as revenue, imagine how huge it is. Crypto wouldn't have this, bitcoin may take a while and could be expensive but you could use something else and you would be able to do it in a second for free, like sol or tron or whatever. This is seriously weird, crypto should become an alternative payment method already, would make so many things easier.

Trust and belief certainly come with information that you have learned before. It is none other than the rapid developments that have grown in bitcoin where mass adoption is taking place. I'm sure everyone has their own stand and belief in bitcoin therefore nothing can stop you when the belief you have grows with the success you have had in investing in bitcoin.

I believe that people who say negative things about bitcoin can be said to not understand how bitcoin works and what benefits bitcoin holders get. Therefore, don't listen to other people's words and do it based on your own beliefs and principles.

Lack of knowledge is just some of them, I think the people who are talking bad about bitcoin are mostly people who understand bitcoin very well. I mean the government, I don't believe that the government lacks knowledge about bitcoin, they can be even better than us. But because bitcoin is of no benefit to them, they cannot accept it and seek to smear it. They spread lies about it so we stop using it and continue to trust them.

Since they themselves cannot touch or govern bitcoin, they're using this method in order for them to discourage people from using it while saying so many bad things about crypto in general. We all get it that somehow they are concern about the possible risks attached to bitcoin, but is that really it? As of now they are even slowly imposing rules masking it as security measures but the reality is that they just wanted to pry into your accounts and see how much money you are investing into this kind of things, or should I say they are taking a peek over your privacy and call that security.

Just recently, there was function in my family they were mocking me about btc dropping to $20k, I often feel like it's better to not tell people what you do. It makes assumptions that tend to be far from the truth.

We know cycles, they don't. We know we can convert to stable coins and buy back later, they don't. Yet, they are quick to judge.

sometimes we need to be ignorant of what other people are saying because sometimes what we believe in might be the best choice and that's what I believed in when I invested in crypto 5 years ago. Many people were skeptical and laughed at me, but when the bitcoin price went up significantly and went viral they came back to me with the intention that I could give them some advice on investing in cryptocurrencies. I just laugh watching them.