Bitcoin Forum

A friend of mine came to me and we were having a conversation and I was trying to introduce he to the forum,but he turns out that I was asked if I really trust and believe in bitcoin it will never crash like other cypto industry.

I want know if it will not crash and I need help to convince him about it that it will not crash because am a beginner and I haven't know much about bitcoin so I guess been here I will fine help to assist my friend to join the forum.

Bitcoin have suffered 2 huge crashes at 2018 and 2021, it's really wrong if you're saying Bitcoin will never crash, I believe we will suffer another crash in the future. Bitcoin could crash, but the point is Bitcoin can survive and recover from the crashes, not like majority of shitcoins were it will become dead coins due to no demand.

Introducing someone about a subject where you're not completely understand is really a big mistake.

If you don't know anything about bitcoin, It seems to me you should read a lot about it and make your own mind. Everybody has a different view on the subject. Some people don't like crypto and never invest in it and some other worship it like they found god. Some other people think it as just another investment vehicle and some other people use it as a currency. The answer varies from person to person.

I think bitcoin itself is a safe network as long as you own the keys of your funds but its value against the dollar fluctuates and that might create some problems if you are not a long term player/investor.

I think this doesn't need to be on Bitcoin discussion board but rather on speculation board. Crash totally to zero, I don't think so but if we're talking about crashing for thousand dollars from now is likely possible. The thing with crashes of Bitcoin involves certain bad actors in the market. Yeah, I agree you should read more and research more when you want to tell a story.

The answer is, Yes, Bitcoin can be trusted! However, you were not prepared for this question simply because you know little about Bitcoin and blockchain technology and how they come into play with the acceptance by people and the world government. The coin has opened the eye of the world to blockchain technology and has advanced digital payment systems which some governments are now building upon.

This is not a project that will just disappear so soon, so, anyone could trust it. I recommend you to read to educate yourself and your friend:
Forbes Education On Crypto (https://www.forbes.com/sites/rogerhuang/2019/08/12/eleven-free-courses-to-learn-bitcoin-blockchain-and-cryptocurrencies/?sh=386c393550a7)

Bitcoin crash, but bitcoin never dies means that when we enter a bearish cycle like 2021, bitcoin will crash, losing 70%-80% of its value as the case may be. But after the bear season ends, bitcoin always recovers after that and hits a new ATH. The crash is not a scary thing but an opportunity because to profit from bitcoin investment, we need to buy low and sell high, and when bitcoin crashes, it is buying opportunity.
I think what your friend is worried about is that bitcoin is going to disappear forever, not crash, and I also want to answer that bitcoin will never die or disappear.

It is true that bitcoin is not likely to be a scam like other altcoins but there is no guarantee that it could be a major crash as we have seen a major crash in 2017 and later in 2018 when bitcoin dropped from $20000 to $3200.  But it didn't last long as Bitcoin once again crossed $68k but crashed again to $15k and the present rate is $24k. this is how Bitcoin sometimes undergoes major corrections.  So one should have the patience of long time holding before expressing interest in Bitcoin

Bitcoin may see a major correction but it is unlikely to completely crash and become worthless like another altcoins. It is not mandatory for a person to participate in this forum to know about bitcoin but if someone wants to gain knowledge about bitcoin properly then he can take help of this forum and read various articles including google searching

I'm personally long-term bullish on bitcoin, but there's no guarantees with bitcoin going up and there's no guarantees with literally anything concerning markets. With investing, you just need to weigh in the risks/reward ratio to determine if something is worth investing in.

When we're introducing bitcoin to someone who is close to us we need to teach them, and we should request them to analyse and take decision when it comes to buying and selling of bitcoin and other cryptocurrencies. As we've got risk with investments here the risk is high so is the profiting and loss. One need to understand it in the right way and automatically they'll trust it. Going through the charts too a better way to understand the market and trust it.

Your friend has a bad question.

Other cryptocurrencies have worse crashes than Bitcoin. They have different reasons to crash like pumps and dumps, rug pulls, hacks. They can be crashed if Bitcoin falls considerable. Hopefully you and your friend see difference here. Bitcoin falls considerable and other cryptocurrencies crash.

If your friend trust other cryptocurrencies but don't trust Bitcoin, he has bad decision.

A better question is "Does Bitcoin not have crash like other assets like stocks, golds, crude oil?"

Stocks, crude oil have falls or crashes like Bitcoin. In 2020, crude oil was traded -$30.

Explaining bitcoin to them, beginners really have to be clear and can't miss a thing, at least for the basics of what bitcoin is. If he asks if bitcoin will crash, then the answer is of course it could happen. It's just that even though bitcoin crashes, it can always get it back up, unlike altcoins (some) which end in scams. We should tell them how when bitcoin crashed a few years back, let them see what happened that year. And when they know it all, let them decide for themselves whether or not they are interested in bitcoin.

Actually, you forgot 2013/14 and the notorious MtGox crash. Bitcoin is going in cycles and we're currently at the bottom of current cycle (best time to invest). Bitcoin is going to peak around September 2024, reaching $100k+. Every crash is just marking a new beginning, new cycle.  8)

It’s your friends wish mate whether he wants to join the forum or not, why forcing him? When he will realise the true potential of the coin, he will automatically join the forum. Moreover anything can happen in future, government can impose strict rules against bitcoins or more worse. So yes currently teach him how independently he can control his finances if he uses Bitcoins. Also say him that he can treat Bitcoins as an asset and can hold it and sell it at more profit. If still he doesn’t wants to join, then leave him at his own way.

The whole point of bitcoin is that you CAN and SHOULD trust it because no one can fake it. It's the most honest and transparent system in the world. Blockchain technology can even be used for voting and stuff.

You and your friend have a lot of work to do.

You have to acquire a lot of information, mainly by reading from reliable sources, but if not, there are many means nowadays. Once you know very well about how and when it was created, what it is and how it works, you can make decisions.

Your friend making decisions based on what you tell him and you basing them on whether we tell you that Bitcoin is going to crash or not is a very bad idea.

Since you are new to Bitcoin and by your own admission you don't know much about it you should avoid trying to talk someone into it. It is a common mistake that many of us did but trust me, you don't wanna that responsibility. Let's say that you talk someone into buying some bitcoin and then it crashes like 75% (which has happened more than once) and in the end your friend might blame you for talking him into it.


Even though chances for that happening are slim to none, it can still happen. We don't know what future brings and every investment (including in bitcoin) posses certain amount of risk.

Bitcoin has had crashes before and even hit bottom prices. But it could all turn around and even bitcoin prices could make ATH highs that we never imagined. Crashes for bitcoin will usually occur after the bitcoin price hits its peak, which is what has been happening all along.

Before this, the bitcoin price had already touched a price peak and finally, the bitcoin price fell step by step to its lowest point at $ 15k. And it seems that right now, the price of bitcoin is experiencing a recovery phase until the price reaches its previous peak.

Bitcoin crashes due to its volatile nature,when I mean crash i.e the price goes dip in the bearish market and after that,it regains back its price. It can't crash to hopeless which is point zero,just like other centralized altcoins. Since 2009 bitcoin has faced so many challenges and it is still surviving.

You are a newbie and you know nothing on bitcoin, that was why you couldn't explain to your friend that bitcoin is not like any other cryptocurrency he knows or have heard. Bitcoin is the king of all cryptocurrency,next time  you shouldn't tell people about what you have little knowledge on so that you don't misled them. Also don't force anybody to believe in bitcoin or buy bitcoin because it is a risky investment for short term holders that don't understand the market.

We appreciate you as a new member and joining us in the Forum, and regarding your statement about Bitcoin we suggest that you study more broadly in the Forum, there is a lot of material that you will get of course. And actually About Bitcoin going to Crash like other Crypto this is true but it's not the same as other coins Bitcoin has uniqueness and features that are different from other coins contained in Cryptocurrency.

In the previous year and stepping over 5 years ago exactly in 2018, and last year, Bitcoin had Crash and correction in a long period of time, even so Bitcoin can Recover and continue to grow, in the sense that Bitcoin is not the same as the coins in Crytpo other. and say to Crash to Zero I don't think it's even impossible to happen, so far Bitcoin has been able to survive and pass through some complicated obstacles, and it can be proven that Bitcoin will still be able to survive.

It's not that Bitcoin won't "crash", it's technically done this three times throughout it's history. It's that over 10+ years it has a history of recovery, even if prices are to go lower. By comparison, most other cryptocurrencies don't have that history. Out of 22K+ shitcoins, most of them will never recover from the current bear market, just like many others from the past never recovered.

Speaking according to the title of your post, I think bitcoin preaches that nothing should be trusted, in fact bitcoin brings about trustless network. Bitcoin helped us to solve the problem of having to trust someone you have never seen who might not even exist in the other country or state. bitcoin has saved us from the betrayer of humanity with its escrow system.
So, it is a trustless network.This means that i have the right to say that I should not trust bitcoin itself but asking the question of if it will crash, bitcoin has crashed more than once since its inception.

But one unique thing about Bitcoin is that after it crashes it recovers also which cannot be said of so many other cryptocurrencies which crashes to death.

If you and your friend don't understand what bitcoin is, even if we say bitcoin is reliable, both of you will trust us? To have faith in bitcoin, you need to learn about it, learn everything about bitcoin, then I believe you will find the answer. You are joining a bitcoin forum, and we are all invested in bitcoin, so of course, we will say that we are very confident in bitcoin.

I say "never" which is probably a bit of an exaggeration, but I mean, I strongly believe in the future growth and survival of bitcoin. Although bitcoin's risk is higher than other investments like gold or real estate, the return it gives us is well worth the risk when we put our trust in bitcoin.
If bitcoin were to be recognized or proven to be as safe as gold today, the opportunity would not be for us either. In risk there is always an opportunity, opportunity is only for those who know how to take risks.

You know, first of all, you don't have to convince him, let him convince himself about bitcoin as it happened to you here. Because, if you convince him, it's like you're begging him to believe that bitcoin is good.

Bitcoin doesn't force people to believe it, it's good that the curiosity and interest to find out what Bitcoin is, and why are businessmen wasting it as an investment, comes from ourselves. questions that he will also wonder, you got what I mean?

And bitcoin will get crash only if all the holders will sell their bitcoin holdings, but that's not going to happen at this point
of time I guess.

It was much more than just two crashes if we take into account the total time that Bitcoin has existed, although most people were not really interested in what happened 10 years ago. As for trust, it cannot be bought, hired or found in the middle of the street, it must be earned. Some will say that Bitcoin still hasn't earned that trust, and I wouldn't dispute their opinion because it's a personal matter for each individual.

Bitcoin will certainly experience many more bad moments than the next crash, but this is not something that is specific only to Bitcoin - those who trade stocks know that this market can easily lose hundreds of billions of dollars in one day, and yet people still trade stocks.

I would conclude that trust in Bitcoin is much more than its price, no matter how strange it may sound to some.

You are now 5 months old in the forum and I think with that long, you already figured out that Bitcoin is undying and is the most trusted crypto. I bet you won't also invest on Bitcoin if you think that it was not trusted. In order for your friend to be convinced more on joining Bitcoin, you can show him the profits that you already earned from investing on it.

You can also share him the historical chart (https://finance.yahoo.com/quote/BTC-USD/history/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAKFD0LuVbnSKRWIVXJKoGr1cWeM1rbAQPFVoZPq8MMHHvAHkT8iXgXjKsLhH99HU0AW_u1ge-gjmuYGVOMDB5VvjsRqGtrUuTFZYdAZZ4y0L06UdpNlLQ-31V3Ya5msrC6Ik9HbLn5NTY_BL5K98arMkwPOVlB4HPh0mDI1_oT3p) of Bitcoin and by there he will witness that Bitcoin can recover after each dip it gets.

Lastly, you can share the link of Bitcoin
introduction (https://www.investopedia.com/terms/b/bitcoin.asp). By there he will see that Bitcoin started in the year of 2009 and it was now 2024 years old.

Maybe you need to show the journey of rising prices in bitcoin for 13 years and there you will find increases and decreases that occurred in bitcoin during its journey you can also add that in each bitcoin cycle a similar thing occurs in the formation of a new ATH, besides that you can adding that the development of bitcoin and altcoins is increasingly widespread in the ranks of society, both in the middle, upper and lower classes, you can also say that bitcoin is an asset to protect the value of your money. But in all of these you will be able to make a rich if the investment is made in the long term.

I believe that you must take time to understand how bitcoin market is exactly behaving over the time. Due to few characteristics like halving event and limited supply, bitcoin is able to manage to keep the demand up always which helps to rise up even after crashes. So, I like to suggest you to take time to educate yourself and your friend on various unique features of bitcoin.

Once you come out with all the basic characteristics of bitcoin ecosystem then you will not be able to stop yourself to go investing with bitcoin with all your capital. People usually take time to realize the real benefits of bitcoin investments but once they find time to know all of those things then they will become lifetime Bitcoiners.

You can trust bitcoin as currency or secure means of transaction, but you should not trust bitcoin 100% as riskless investment asset either in the short or long term. It's not that I don't believe in the possibility of profiting, but you are also exposed to the risk of loss due to price volatility and your habit and understanding protects your bitcoin and your wallet.

But if you believe in the possibility and potential of winning in bitcoin, do it in an amount you can afford to lose. That to me is much better than you having to put all your budget into bitcoins. Man, you don't know the future, and neither do I and anyone else. So know your own risk.

Tell your friend that Bitcoin isn't like other cryptocurency that he's seeing or know and that's why Bitcoin isn't called alternative coins. Bitcoin is decentralized and that's one of the reason it'll or wouldn't crashed like other projects. Bitcoin doesn't have a CEO or face of the coin that can be attacked like SBF or CZ and when this is done, it can crash the market.

Bitcoin has also gained the trust of the community which is why it's very unlikely that it will crash just like Luna crashed last year. Bitcoin is unique and  different While other cryptocurency been built are mostly inferior or just a copy and paste of other codes which make it easier for scammers to exploit their flaws.

What do you mean by a crash? If by this you mean bitcoin losing all its value then bitcoin is never going to suffer this as someone will always find bitcoin useful and valuable, but if by a crash you just mean a big decrease on its price then this can actually happen, and you can check this is true by looking at the charts, however I will recommend that you desist on your attempt to bring your friend to the forum, if they want to join they will do it when they are ready, you have done enough already by letting him know this forum exists and that bitcoin is a solid coin, so nothing else should be expected out of you.

Oh you mean it won't crash like the LUNA coin because in the past Bitcoin did crashed a lot during bear season but when it's time for the bull run it did gains a lot but of course, it will crash again when the hype is done. Everything about the market is on hype that's why it's value is increasing but if we talk about Bitcoin only then 1 BTC is only 1 BTC you can't change that.

Understanding the market or the history of Bitcoin is essential if you want to know if it has a potential and not only that – that's why the people/community chose Bitcoin because of its attributes of being a decentralized crypto currency coin.

Bitcoin can give someone the freedom to choose independent investments without control by any institution. Trust in bitcoin is nothing more than how involved you are, but there is no compulsion of faith to choose it. If you are a beginner, then introducing bitcoin to your friends should not be done, how is it possible to convince others if you don't know bitcoin yourself fully.

Do not convince people that bitcoin can bring them wealth, because it will be quite problematic when it comes to market sentiment that occurs against bitcoin corrections, involvement in the investment needs to consider the ratio of rewards and risks that will be incurred, so that involvement represents complete knowledge and most importantly, don't panic when market conditions are experiencing a sharp decline in prices.

If he buys Bitcoin it’s considered an investment. Every investment has a risk. People assumed that real estate was a low risk investment and many are under water now. I think the only safe investment right now is bonds. Or you keep it in your savings account.

Nobody knows if it will crash or not. It’s been over a decade, since it hasn’t hit $0 yet then most likely it won’t anytime soon. You can say the same for a stock like Tesla. It’s the most popular EV brand today however will they still be around in a decades time? Nobody knows.

The funny thing about crypto is that if the price goes up everybody wants to be a bystander waiting for markets to come down so that they are accommodated..

But the beauty about the crypto industry is that crashes will always be there as markets react to what's going on around the world and not forgetting the people behind these crypto coins are human who react as a result of emotions and what they interpret from the market news et cetera

No need to sugar coat things ::)

tell your friend the crypto ecosystem is like the weather...

there will be sunny days, rainy days, cold days etc and of all these non of them last forever it's the nature of things.

Like the weather crypto a moon and also crash, but these crashes are not permanent as markets usually recover and life goes on....

Look at real estate in China, many times riskier than bitcoin investment, there is no investment that is both safe and has a high return. I don't know about bonds, but gold is also a safe bet in the long run, but the returns won't be too high.

Bitcoin is like other assets, the value is determined by our beliefs, as long as we still need and use it, bitcoin will always exist and never go to zero. I would rather invest and trust in a decentralized asset like bitcoin than hand over my money to some company like Tesla, even though it is now more trusted by people than bitcoin.

You can explain to your friends that in the event of a crash, it would be a good time to join bitcoin by starting to buy bitcoins and don't be afraid if a crash occurs because bitcoins will surely go up and down all the time with a crash that you have the opportunity to buy more bitcoins and save them until the price can increase again. But most people are afraid of a crash coming to the market because they think that it will make the price go down and not be able to get up again. But they were wrong because bitcoin has experienced that crash all this time and could go higher. And many people are using that moment to buy lots of bitcoins so that when the price goes up and they sell them, they will make a big profit. But we trust bitcoin.

So you were inviting your friend to Bitcoin and the forum and then all of a sudden, with a simple question, you realized that you yourself are not familiar enough about bitcoin to teach someone else. Well, I guess now you and your friend will have one more activity to do when you guys meet. You guys should learn one thing each, every day, and when you two meet, you tell each other what you've learnt today. This way, both of you will gain knowledge over time and you guys will have a stronger interest towards it.

About your question for crashing, yes, it can crash, what you are seeing right now in the market is the result of a crash, but, what makes bitcoin significantly different is its ability to recover and grow stronger each time.

When you talk about crashes, do you mean a technical problem? Or a drop in price? Bitcoin has been working for more than ten years without stopping due to a major error, and therefore you can trust it from a technical point of view, but in terms of price, everything is the same, but as long as the network is decentralized, the price will rise again.

Generally, if your problem is not the price, you can believe in Bitcoin.

Bitcoin can crash if we are talking about the price but not until the point the price becomes zero just like any other cryptocurrencies. If you want to trust Bitcoin as your "investment" then make sure you are ready with any good and bad news that could happened around you because the market is unexpected sometimes and you may lose something that makes your "trust" on Bitcoin becomes "manipulated'.

Were people really wrong about real estate being a low risk investment if you buy clean and verified property in places which are most likely to have a higher growth potential for land prices in the future? That is what it is in where I live. Real estate is considered to be one of the most profitable and low risk investments if of course you do your research before making any purchases to avoid potential risks involved in frauds and etc.

I personally prefer investing in real estate or gold rather than bonds, though bonds could be a safer investment, but I feel I can get higher chances of getting profit with the other two I've mentioned. About Bitcoin, I do trust it but I wouldn't with all my wealth, of course.

If your friend is asking for a guarantee that Bitcoin won't crash, it is like he is asking for a guarantee that whatever amount he will put into Bitcoin will have zero risk. That is not possible. Although it is very unlikely that Bitcoin won't crash the way shitcoins and centralized platforms like crypto exchanges and crypto lending companies do, it is still not risk-free. Nobody can tell whether Bitcoin could still be here after many years. So just tell him to understand Bitcoin first and then decide whether it is worth the risk.

We have to know what the trusted measure is, if the trusted measure is definitely profit then any investment will never guarantee profit, many people are too afraid to invest in bitcoin for fear that the price will drop because of the many prohibitions on using bitcoin, but the thing that makes me optimistic about the future and the opportunity to get more expensive is the law of the market, namely the number of users that continues to increase and the stock does not increase, it will make the price skyrocket.

Any investment has risks and pitfalls, and over the last year, real estate has been considered the most attractive investment in my area. From teachers to engineers, farmers, and workers... everyone becomes real estate brokers and investors. But only a year later, the real estate bubble burst and many people fell into a dead end, thinking that real estate would never fall in value, and they invested with borrowed money. There is no asset that offers high returns with low risk, the higher the return, the higher the risk.

Currently the ban on the use of Bitcoin has started a little and not much in every country, because the authorities from developed countries have started to study Bitcoin and also see the progress of countries that have adopted Bitcoin at this time. And apart from that, what you are saying is actually not wrong because when there are more and more users in Bitcoin, of course the price of Bitcoin itself will increase again and continue to be more expensive in the market.

The difference between both crashes is that bitcoin always recover so after the crash if you have a little bit of patience then you can profit in the future. Bitcoin crashes are just dip that happens in bear market and the project doesn't go out of existence unlike with altcoins as Luna, it's dead and never recovering. Just to make matters worst they now have a new project that's taking all the attention away from the main project.

Bitcoin is also been hype and not only altcoins are been hyped but the difference between the two projects is that Bitcoin always lives to its hype but altcoins are mostly useless that the hypes just make matters worst because immediately the hype dies, the project falls to the bottom.

 We need to know what is the trusted metric, if the trusted  metric is definitely profit then profit can never guarantee any investment, many people are afraid to invest in bitcoin for fear of the price going down because of many bans on using bitcoin, but the thing that gives me hope

      For my opinion and understanding, an investor who is afraid of investing in bitcoin just because its value might fall can be said if he doesn't really know what Bitcoin is. Bitcoin is in the trading business category, it's a big joke that an individual trader doesn't want its value to drop, it's a big stupid belief,.. if they don't want the value of their investment to drop, they simply don't enter the bitcoin trading industry.

In fact, bitcoin used to be underestimated like other altcoins. How did bitcoin get so famous now?  because every year bitcoin has increased in price until in 2017 it experienced a drastic price increase so that it became in the public spotlight even though now it has always decreased but its prestige remains at the top.  But many people trust their investment in bitcoin because they believe there will definitely be a high price spike again, plus bitcoin is now a limited number so people flock to it so that when it experiences an increase it can be more profitable.

On your mind what is your take about Bitcoin before you started welcoming Bitcoin, another thing is that Bitcoin have to do with technology and the technology can get expired to people, so telling you that Bitcoin will not crash it's wrong and giving you a particular time Bitcoin will crash is absolutely wrong, just tell your friend that Bitcoin is a technology which you don't know the exact time it can crash. But from what i have known of Bitcoin, it can only be crashed when another technology that is higher than Bitcoin is introduce, but for now I believe that bitcoin will stay till more twenty years again before anything like crash can come up.

If you can't trust bitcoin, you can't trust anything else neither. I have been personally invested in bitcoin for nearly a decade now and I have never seen any asset, any currency, any investment in the world that is as trustworthy as bitcoin. You can buy stocks, you can buy futures, ETF's, whatever those in bulk stock stuff called, gold, silver, emerald, houses, even items in bulk if you want and none of that would make as much profit as anything else could ever make a profit.

I have to say that none of those make any profit as much as bitcoin does in the long run, and I would trust none of them as much as I trust bitcoin neither, it's just not possible for me. This is a clear situation where bitcoin is by far better than anything else, and we should be aware of how much power it has as well.

The question is for what purpose are you sharing this technology? It would be better to break expectations than to have high hopes to an extent they would assume that much from this industry. As we all know there are still issues such as volatile market price and prohibitions of its usage to some countries. Regarding profit potential, indeed this technology could really be beneficial IF they would have the knowledge to make use of it. With that being given, they should as well invest on more knowledge before their actual engagement. For sure we all know someone who thinks this industry is a scam simply because their expectations were not met.

The end of 2017 became a year where bitcoin experienced a very extraordinary increase, reaching a new ATH at $ 19k which then made bitcoin known to the world and always entered trending economic topics throughout the world. it became a point where bitcoin got a stronger community and more and more went into bitcoin. With a limited number of bitcoins and only available with a supply of 21 million, this will be of added value, that bitcoin will become increasingly rare when all bitcoins are successfully mined. Bitcoin can be trusted because bitcoin is still the king of all altcoins and there is a lot of support for bitcoin. But high volatility makes the price fluctuate and is risky, but if you assume that bitcoin will die or be worthless, that won't happen. Bitcoin is still a strong underpinning of cryptocurrencies.

Bitcoin has already experienced a Crash and this happened in 2018 and crossed two years later, at that time Bitcoin was experiencing a drastic increase and highlighted the public, and Crash happened in that year even though this was a big crash but it would not bring Bitcoin Value to 0, now this current state of the market is the result of the Bitcoin Crash, but even so, there are still many individuals who invest and even those who flock to get Bitcoin to start investing, because they believe Bitcoin will recover, increase soaring to a higher price.

If you trust yourself you can trust bitcoin. Each and everyone could've experienced life difficulties and reached great heights. Some might be struggling to achieve something and some will be striving hard to help the people in need. This is how bitcoin is, it had overcome different levels of growth and opposition and now standing strong as the market leader. So, you believe yourself is believing in bitcoin.

wait? what is Crypto Industry that have crashed? you mentioned about other Industry that had crashed when we have only one industry in which still existing now?

if you are pointing to other currency then Bitcoin is far different from shitcoins that you are pointing.

you don't have to convince him , instead let Him read this forum and for His own understanding ? he will enter and develop trust in Bitcoin and the whole crypto world.

In bitcoin's 13 years in this industry, I doubt that few trust bitcoin. Even tycoon businessmen, large well-known companies, and even the various countries that accept the concept of bitcoin show confidence in it, and above all the merchants who use bitcoin as a mode of payment online and have included it in the stock market, is this what we can say or ask if bitcoin can be trusted?

You OP what do you think about what I mentioned? You may know the answer. For example, people like Elon Musk have bitcoin holdings, they have a lot of trust in bitcoin, now you? Are you like Elon musk the billionaire guy who trusts bitcoin?

Regular people get nervous about the movements of bitcoin as they are not used at all to see that kind of volatility on the forex or the stock market, but what they fail to see is that bitcoin is still a relatively new invention and its adoption is still low and it is natural that moves the way it does, so once people accept this it will be way easier for them to accept that bitcoin is an asset in which they can trust, and that it can bring them high profits as long as they are willing to hold their coins for long enough.

As long as we have a long-term perspective for investing in bitcoin, the history of its price has carved out a reputation that is deserving of our trust.
It is reasonable to assume that bitcoin, not an altcoin, can endure and recover from any future crashes after the unpleasant crashes that occurred to her in the years between 2018 and 2021.

When your friend doesn't comprehend the volatility of the cryptocurrency market, the fact that Bitcoin can withstand a crash is not a sufficient recommendation for him to invest in it when he doesn't understand the nature or idea of the crypto market

Nothing is risk free and therefore bitcoin also have some risk. Even we do not know how long we gonna live and therefore our lives is also at risk all the times ☺️

With the past history we can be very much sure that bitcoin will never go to zero and with every passing year the price of bitcoin will increase and the investors will gain profits. Anyways as I said above anything can happen and nothing can be said with 100% guarantee. You need to trust the future and learn the past in order to know or predict the future outcome.

You don't have to convince him , for what? what if He is right that bitcoin will collapse ? then you will be the one taking all the blame? let him learn how and what bitcoin is ,. if he is truly to be inside crypto then let time bring that mate , we cannot please everybody as we cannot force them to invest in what we are believing , it is their money and it is their decision.

I don't think, Bitcoin price will crash this year like the way it crash last year that made many traders to experience bearish season through out the year. This year 2023, I think Bitcoin price will pump higher till 2024 ending before it will crash to allow both long term traders and short term traders to buy Bitcoin and hold for another bullish to come before they can sell to make a huge amount of money from their investments. Investing in Bitcoin is more favourable than others cryptocurrencies because whenever Bitcoin price is pumping other cryptocurrencies will be pumping too.

Hey a few things to tell your friend. Bitcoin crashed several times, it is when Bitcoin had to pull back after the huge pump. There's no way an asset is consistently pumping, that's impossible to happen as people are either trading with other crypto, selling or buying Btc. Bitcoin is a highly volatile asset and it's normal to see huge spikes in it's prices.
Also, you can show him the historical data of Bitcoin price since late 2009, for him to have a picture how far Bitcoin have come.

Yes, I don't see any reason to convince him or anyone else about bitcoin, it just wastes time and gives us no benefit. If he really wants to invest in bitcoin, he should educate himself about it because if invests in bitcoin, then that profit is his, not yours. You won't even be able to get a thank you later, so don't try to waste time. It's his chance, he can choose to take it or not, let him decide, and instead you can continue on your investment journey. Don't worry too much about things that don't benefit you.

Yes this year it is meant for Bitcoin ms to grow only, so there is no way it’s possible that it will go down. If you see the historical 4 year graph charts, then definitely this year, the price has to grow. This has happened already, so yes Bitcoins are known for repeating the history. Moreover we have already seen positive attitude from the coins starting this month, again we have good traders who has great knowledge and predicted Bitcoins will reach or atleast recover its price. Now let’s see and hope for the best.

I agree with this, I do not think that it will crash at all, not this year at least. We have a cycle which goes round and round and one day it will go up, and then it will crash, then go up again and so forth, it will keep doing that.

I believe that we already gone down enough, it has been over a year of us going down and I believe that we are going to end up doing something much better at the current stage in the long run, it is not going to be an easy decision at all, but it would be something that could take a while in the long run as well. I am not saying it should be something much higher, doesn't need to break ATH, but it will not be any lower than 2022 for sure.

The point is not even if it will crash or not, it is about the long term benefits of it. If you are not entirely certain about investing into bitcoin, then do not invest into it. If you think that a crash would dissuade you from investing then you should avoid it. I have been here for 3 big crashes, all of which was bigger than %80 price drops, and for me they were alright because I knew that it would recover, if you can't trust bitcoin even after a %80 drop in price, then do not invest into it. If you want to invest, learn that its going to drop time to time, maybe not now, but it will happen again in the future, and you should be able to profit from those drops.

The Bitcoin crash in the market that happened in 2018 and also in the past year is a normal thing that is affected by certain consequences and that is definitely not a reason for Bitcoin to be 0. Because as everyone can see now where at the beginning of this year until now Bitcoin still able to recover slowly to a better price and profit opportunities for people who buy at low prices are also greater this year even though Bitcoin will not make its new ATH immediately this year.

Majority of people specially noobs or to those who are just new on which they do believe that this market does really have that continous price increase or rising when it comes to its behavior which is really that

very wrong.Sooner or later they would be able to realize on what it would be and on the time that reality had slapped their faces then this is where they do really go back into that realistic approach.It is really just

not surprising that people would be having this kind of approach.Going back on topic if Bitcoin could be trusted? Yes it is but dont put up 100% or going all in with investing.
We dont know on what would the future looks like.

from the OP's situation, he doesn't need to convince a person who is not willing to listen. better mind his own business because if something goes wrong with his funds, he will blame him. in this market, much better if you just mind your own, rather than convincing anyone to invest on this market. they should invest here voluntarily and know the risks they are getting into.

There would be no crash that will happen overnight.

No one can convince you if bitcoin is trusted but it's all about you. Do your DYOR and conclude things after that.

Even if we say Bitcoin can be trusted, will you trust us? Therefore, make your own research rather than depending on other's statement.

that is right about this , because look at His post !! OP seems to be a less knowledge in Bitcoin so who is He to advise others about investing in bitcoin if Himself had a doubt about this?
he better learn and study first and then after maybe try to convince His friend but for now? i hate to say this that he does not worth being lurer of bitcoin.

Oh yeah. Bitcoin is very trustworthy.

What was the first answer you gave when your friend asked you that question? We want to know too.

Bitcoin has crashed and if you gave him the answer that Bitcoin has never crashed, then you need to go to him again and give him the answer that Bitcoin has crashed in 2018 and 2021.
You need a broader understanding and knowledge to know before you try to convince others. Because it will be fatal if the person you are trying to convince knows more about what you are trying to convince.

@OP, you don't need to become doubtful about the capability of Bitcoin. It has already been proven, early investors are still here to continue investing in Bitcoin because of the trust. We can't put in question with that.

We have been done with the bottom already, that is what I see. And base on the previous bear season, it usually takes a year before it recovers and it was already been 1 year past, so I think this year the price of Bitcoin will start to increase just like what happened in the previous years. Accumulations seem to continue until before the next bull season, it still has enough time to get prepared and fill our bag.

My views may not be very specific but Bitcoin is digital money, and it revolutionized the way money works. You can switch between currencies in seconds, from anywhere in the world. Transaction fees are negligible, allowing even the smallest transactions to be completed without sacrificing funds. It can't be counterfeited, stolen, or hacked and practically impossible to counterfeit. The possibilities of Bitcoin are truly limitless, and people around the world are already reaping the benefits

Bitcoin is also like Crypto in general where price movements are determined by the market, I mean for example when the market is in a bearish period it will make bitcoin prices fall because it is usually caused by panic selling factors which make prices fall, but if you invest in bitcoin for the long term you will not you need to worry about the price of bitcoin falling, because so far bitcoin has been proven to be able to bounce back every time it goes down and when a bull market occurs there is a possibility that the price will experience a massive pump and can bring bitcoin to a new ATH.

bitcoin is always a top priority token in cryptocurrency industry if a person doesn't want to invest then surely he is not interested or may be he did not have any idea about crypto trading. Everyone is familiar with the fact that bitcoin never dies because after crashes it comes back to its higher price.

One more thing is that you also have no idea about it so how will you show him that bitcoin is a good opportunity to enhance cost of your money. You should properly get knowledge about it then you will easily tell him that why it's important to put money into it.

In previous year bitcoin price reduction occurs so we cannot say that bitcoin will not face any crash although we can say that reduction in cost occurs but it cannot be extinct like the other coins. You can see the history that how bitcoin makes the people Millionaire. It is the only token which never ends and if hold for lengthy time then it will makes its holder happy by giving them huge income in return.

There is a lot to be said on this topic, but if you are a beginner and don't know much about bitcoin the best way to impress your friend is to let him look at the history of bitcoin, or the price chart.

He can easily see how many times the price of Bitcoin has fallen and then came back after a period much stronger than it was before.

He will also easily see that Bitcoin has one bullish trend in the long term, only this one thing apart from all the other big advantages of Bitcoin can give your friend confidence.

Bitcoin crashing is not even a question anymore, it is a proven thing that it will always crash and it is normal for it to crash. Something that goes up as much as bitcoin does, will eventually crash no matter what because it gets too big at the highest levels and that is just a normal thing to see when you are investing. I know that it is not a happy thought that it will eventually crash, but after every new ATH we end up with a new crash.

OP could tell their friend that it will not crash anytime soon and it will go up first, but eventually it will crash again one day, and a big one at that, at least 50%+ crash, it just has to happen in order for market to have this cycle.

It is also necessary for the OP to convey how volatile the crypto market is in addition to explaining the greatness of Bitcoin that makes it the best asset for investment.
If they only convey how the benefits for the sake of the benefits that will be obtained, we fear that they will blame the person who conveyed when something unexpected happens later. This may sound general, but I think it's necessary.

I think you're right that the OP needs to convey how the crash and rebound cycles have been so far.

Yes, even if we are convinced that we have taken the right decision by adopting bitcoin, we cannot really force anyone else to take the same decision we have taken, it is better for each person to realize on their own that adopting bitcoin is a good decision for them, now this could mean they could adopt bitcoin many years later and miss several bull markets, but that is on them, at the time they will lament the fact that they did not adopt bitcoin earlier but the truth is that they were simply not ready to do it back then.

Wait mate but WHAT? Bitcoin is a CRYPTO and not General alike lol.
but bitcoin is at least may rise sooner and climb higher comparing to shitcoin that you are pointing , and besides they are all cryptocurrency but bitcoin is the top and secure.
bitcoin or Ethereum are both safe , so diversify your investment and that is better.

The OP's question seems like a joke.


If by crash you mean that the value goes to 0, it won't happen. Maybe 10 years ago it was a more real possibility, but with how widespread it is today there is no way.

You also have to learn, and explain to your friend, that bitcoin is different from other altcoins, and the SEC has recently recognised this, making it clear that bitcoin is a commodity and other securities. Bitcoin is like gold, while altcoins are like securities issued by a company.

If by crash, however, you mean sharp price drops, bitcoin is not free of that, as we have seen in the last year, but then it also has extraordinary rises that compensate for the drop and more.

There are many reasons why I trust bitcoin, first of all it gives me income, and it also helps me to pay my bills without hassle
and sending money in any place of the world now.

In addition to this, it also gives me savings for the future, secondly, a lot of well-known businessmen and companies have accepted the bitcoin concept because of the blockchain technology it brings and others.

I don't think you should force them to join this forum to know all about bitcoin, I know your intentions are very good in this regard but it is not your obligation to insist that your beliefs are correct in this context. The thing that I think is the smartest in telling him you have to have a better life than those who reject bitcoin in him, I think they will come naturally and be interested in what you do in your process so that it reaches the point that person expects.
Speaking of context, everything will definitely have a crash, be it stocks, precious metals and others and as we can see bitcoin crashes several times and in the end it returns to its highest position and even makes the latest ATH in each of its cycles.

Yeah bitcoin users trusted bitcoin when are interested of using bitcoin you know Bitcoin and you will trust it.begginers or somebody that don't even know bitcoin can never ever trust Bitcoin no matter how explain Bitcoin for them because they know how valuable Bitcoin is so they will not trust Bitcoin but Bitcoin users always know the value Bitcoin so we always trust Bitcoin and one l know about Bitcoin is no body can rule Bitcoin or command Bitcoin so we'll be trusted.

I agree that the decision SEC gave is something important in the finance world but it was definitely something that we all knew beforehand.

The biggest difference is that when we are talking about bitcoin, it is truly decentralized and there is nobody at the top making a profit out of anything about it, and yet when we are talking about some made up token or coin, there are devs that make the most money out of it, if I create a token today and sell it to you, that would mean I created a security, and whereas bitcoin is not like that I can sell bitcoin to you and it would be like selling a gold to you. But we knew it, it was already known, it was a fact way before SEC got involved.

Perhaps, it was wrong to urge someone to learn about Bitcoin but rather wait until such time comes for their interest. Besides, it was hard to educate a person who already has been negative about Bitcoin and much harder to convince to trust Bitcoin if they already suffered losses or got scammed. This is the reason why I don't talk about Bitcoin to any of my friends unless they will ask, unless they have curiosity and are willing to listen.

Actually whatever you do, if you and your friends don't believe in something you're doing, it's not just Bitcoin, apart from the action you want to take it's the same, so is Bitcoin.

Bitcoin is currently more or less running for 14 years, meaning: from ordinary people, state officials, entrepreneurs, internal and external investors, speculation experts & prediction experts, cities to villages, children to adults, overall they believe and trust Bitcoin as a digital currency, only to be traded and invested, many of those who are billionaires have invested their shares for Bitcoin until there are millions of dollars, of course they are all safe and they believe it.

Tell your friend that, because of Bitcoin, there is another crypto industry as he sees it now, it's a different story if Bitcoin wasn't created, maybe we all don't know the different types of crypto industry.

Bitcoin is a trading tool, it will not remain static. Sometimes we see big bitcoin crashes which is very normal. Bitcoin will crash and recover again these two things are very common in bitcoin. Many may have stopped dreaming about Bitcoin after 2018 but the years 2020 and 2021 have made that dream come true. It started falling again in 2022 and now it is trying to recover again in 2023. This is how it will continue. But the most important thing is that those who believed in Bitcoin were the gainers later. But as a newbie you need to know some things thoroughly if you want to convince someone. Only then will you be able to raise awareness of Bitcoin among others.

Like most of the time the best way to lead is by example, and the OP is simply not ready to do this, I say this because if they were ready to do this then they will not need to ask if bitcoin will crash on the future, as anyone that has experimented a bear market before knows the answer to that question and they can even describe the feelings they went through at the time when this happened, and even if the OP wants to help his friend to become part of this market he is not in the possibility of doing so, and instead they should help themselves and learn more about this market and how it works before they try to influence others.

I'd see that OP is having a hard time explaining it to his friend because, in the first place, he is not sure as well of what he is doing. If I am his friend asking him, I won't also trust his statement/advice because I can't see it to myself. Now that he is asking the forum, it was noted that he is not capable enough to teach his friend, not because he might don't have long market experience but also because he never trust Bitcoin as well.
This is the reason why we can see a lot of false and misinformation circulating on the internet which could lead us to a different directions.

For those who already have a negative view of bitcoin and try to explain it to them, we are just wasting our precious time with no good results.
Me too, I don't have time to explain bitcoin to someone and find a way to make them believe in bitcoin. It's not our duty, it's their chance, but if they don't take it, it's their fault.

Better way to explain to them is to show them the results you get when you invest in bitcoin, they will know what to do, and you don't need to explain too much.

Some beginners or some people who don't know about Bitcoin sometimes also have different thoughts about Bitcoin. The first thought is that those who don't know Bitcoin will still not want to find out what Bitcoin is so they will still maintain their own ideas by not wanting to know more about Bitcoin. Meanwhile, some other people will continue to find out about Bitcoin after hearing about it through other people or after reading it through internet media and this is a better thought than those who don't want to know about Bitcoin.

Over explaining it with unverified information can make those newbies mislead to the informations they here from those people who explain it to them. But even if they got misleading information it still good especially those guys point out this forum if they could learn more since those misleading information can be corrected like this when they try to ask about more information they want to know about bitcoin. Forum is great place to know about everything in crypto so hopefully majority of newbies will go here because so far this is the legit place where they can get good informations about this scene.

Bitcoin and cryptocurrencies is an asset that really depends on the community, not many countries have legalized bitcoin so saving bitcoin is always risky, of course we often hear that many people are stressed because of losses when investing in bitcoin, most of them think that investing in bitcoin is always safe and profitable, the fact is of course not because bitcoin can drop more than 10% per day or more than 70% a year, so be wise when we invest bitcoin.

This actually happens when the market is full of market speculations, we never know exactly who is telling the truth and who is not. That is why we don't just rely on the information we get from a single site but rather search more in order to get what we wanted to know. But most of all, we need to experience real investment in order to verify what we read on the internet. More sources of information can actually be confusing and cause worries but this is not an excuse if we wanted to learn. Yes, we need to try and let the trust develop once we fully understand how the market works.

Yes, I appreciate they are trying to help their friend to become part of one of the most profitable markets on the last decade, but at the same time they are not on the possibility to help anyone when they cannot even help themselves, so it is better for the OP to concentrate on learning more about the market and how it has moved on the past so they accept the fact that just as bitcoin can go up in value really quickly the reverse also happens from time to time.

 going into this market requires self-awareness that bitcoin or any other alt has their own flaws and do not guarantee your profit upon investing on these markets. it is no secret that crypto market is a relatively new and volatile market. so if someone jump on this market with the thought of getting rich quick. then he is delusional. i guess a lot of noobs have such thought of gaining huge profits at a short period of time. and once they got rekt, they will spread baseless fud, creating a notion to noncrypto users that bitcoin itself is a scam.

The most important factor that makes bitcoin valuable is a solid community, now many countries are starting to open their doors to accept bitcoin, this is because global users continue to increase unstoppably, moreover many large companies are actively investing in bitcoin so that one day the price of bitcoin will continue to increase .

I don't often hear of people being stressed about saving Bitcoins or losing Bitcoins, because very few people are stressed about losing Bitcoins and they may make the mistake of not having enough patience when investing or saving Bitcoins so they experience loss with Bitcoin.

And it could also be those who are experiencing losses because they are triggered by panic due to seeing bad news for Bitcoin, even though if only they can be patient in the long term or at least until they get profits through Bitcoin, they will not experience losses or stress like you said. So all of that comes back to each of them to what extent they can be patient in carrying out their investment period and also the period of storing their Bitcoin.

Bitcoin is around 14 years old and according to reports it says that users are around 170 million and active users are more than 10 million, of course this is a very large community because if combined it is equivalent to the population of major countries, bitcoin is of course trusted because until now users still feel safe store assets in bitcoin, although sometimes we hear cases of hack wallets.

Bitcoin is a peer-to-peer network. It is the most secure and secure way to store and transact information. In the long run, it is important to keep your information safe and secure. This is the reason why many people are investing in Bitcoin. There are many factors that affect One of them is the. The volatility of the market is an important factor in the price of Bitcoin.

They will understand very well but whenever they face loss they will starting blaming you because lossing money hurts everyone. I think if a person is interesting in bitcoin investment then he will surely make a decision in positive direction but if he is not interested then after loss he will put his wrong decision on you.

The way is simple to teach everyone and then tell him about the risk and if unfortunately he does not succeeded in future so he will not blame you because the market is volatile.

if you follow the history of Bitcoin then I'm sure you won't hesitate to recommend Bitcoin to your friends and even your family,
yes, Bitcoin in my opinion is indeed one of the wonders of the world because it's only from a programming code and then turns into something of value,
of course this is which makes Bitcoin or crypto currency unique, especially now that decentralization is increasingly needed by the world and Blockchain is the answer,
so believe that Bitcoin will change the world.

Relating your answer to the questions of op, I think it did not have a perfect match through your answers, can bitcoin be trusted, bitcoin is a digital currency and can be also be said that bitcoin is virtual currency that you can not touch but you see the digital figures, but in the aspect of trusted, bitcoin  is a technology and a technology can collapse at any point in time, which its the nature of bitcoin, but the aspect of cryptocurrencies, among other cryptocurrencies, bitcoin is the most preferable one in cryptocurrency because of its volatility and potentialities, so bitcoin doesn't have lost of value like any other coins that can't withstand the pressure of long bearish market, and sometimes those coins that doesn't have values die off during bearish time.

Bitcoin is still trusted until now because it continues to be developed by many companies, various reports say that there are many large companies that will present bitcoin better so that it can become a global currency, of course it needs processes and regulations so that bitcoin is increasingly recognized and accepted throughout the world.

That's why I almost don't want to share or give bitcoin investment advice to anyone, not even my close friends. Because just related to money and losing money will cause a lot of negative things, even though they know it's not our fault, but because of anger when losing money, they will find ways to blame us.

I will not teach or advise them anything, if they want to learn about bitcoin, I can only provide the necessary material and knowledge, and they need to figure things out independently and make their own decisions.

Based on the age Bitcoin is now, showed that what people are thinking about Bitcoin to crash to zero level will not happen again because Bitcoin still remain the king among other cryptocurrencies, which it will be difficult for Bitcoin to crash like other cryptocurrencies industries. You can show your friend where Bitcoin started from before it became popular to the whole world, that is making people to do everything possible to ensure they invest in Bitcoin to have something good to achieve in future. I believe, with time he will definitely know that Bitcoin will not crash like other cryptocurrencies than to embrace his opportunity on time so that he will not regret when Bitcoin increase higher.

Bitcoin has been around for about 14 years and until now there has not been found a major case that threatens the bitcoin security system, the algorithm created by bitcoin has been designed from hacking so that it will make bitcoin trustworthy, it is only natural that bitcoin is increasingly popular and the number of users globally continues to increase.

The number of users continues to increase proves that bitcoin is a trusted asset, if there is a security hole then everyone will not keep bitcoins, the daily transaction volume can reach $ 20 billion proves that the bitcoin security system is very good, but I believe that one day there will be a program who can hack bitcoins because no system is perfect.

Not just follow but also if you have a good experience with it because there are some who follows BTC but are not successful on building a good wealth. I doubt these people will ever recommend BTC to their family or friends but if they are the ones who are being encouraged, they will hardly change their minds anymore.

BTC isn't created from just a simple code because if it is then anyone can create their own BTC and it won't be valuable as much as it has now. Being decentralized is I think in the crypto and not in the blockchain because CBDC which are centralized currency do also runs in the blockchain. I'm a BTC enthusiast but I don't think BTC can change the world. That's a big obligation already. BTC can only change our life.

Yes absolutely Bitcoin is trusted there has no any doubt. Bitcoin already proved it is trusted. Bitcoin crashed several times but it turned again and Again. Now i think bull market Bitcoin price increasing but no anyone confidently tell it will never crash again. I believe bitcon can crash any time. But i strongly believe after crash it will normal again. End of the day i can tell Bitcoin is most trusted and its future will bright.

You are not sure about Bitcoin yourself, how do you convince others? When you introduce this forum to your friends, of course you have to be sure first that Bitcoin is really the asset of the future. Price crash condition is not a problem for us. Crypto price fluctuations, including Bitcoin price fluctuations are part of crypto. That's where traders take advantage of the market situation to seek profits.

For a while I also don't think that one day there will be a new system that can hack Bitcoin, because from year to year Bitcoin has been developed better so that the security system is very guaranteed even though you say there is no perfect system. Because the new system that you are referring to is also not necessarily able to penetrate the Bitcoin system which also gets an update on its security level. So, don't doubt this if you really believe in Bitcoin at this time.

You know you don't have to prove to him what Bitcoin is. If you say that it won't fall, dude, it will appear that trading is no longer the main reason why Bitcoin holders make money. I hope you get my point.

There's no trading that happens that's just lifting, it's not called trading dude. You should make him understand that. As far as I can see, even you should learn a lot about trading here in cryptocurrency. If you understand the word that Bitcoin is volatile, it is not difficult to understand what I am telling you.

Bitcoin cannot be hacked, but hackers can carry out their actions by taking advantage of your weaknesses and mistakes in storing bitcoin. This means that bitcoin is safe enough as an asset that cannot be hacked, it's just that what makes it insecure is the user himself.

Security is one of the innovations of bitcoin, so there is no need to doubt bitcoin about it but you only have to doubt whether you have practiced the best security for it. Protecting your bitcoin with the best security measures is recommended, even from the very first moment when you buy bitcoin. But regarding the price, bitcoin is never safe from volatility, but that is a normal thing that is not to be debated. Whether you believe it or not is up to each individual, but I believe bitcoin is a great asset and has the potential to provide returns that are worth the risk.

I guess if bitcoiners are not careful, then obviously we can lose our funds from this hackers. So we need to be very careful and it's part of our journey to learn security practices.

Another good thing is that transactions are irreversible, so for now, we need to be very careful who to send and we have to think and check that the addressed is correct before pushing that send button. I think that features put by Satoshi will really protect our as well as compare to centralized services. Everything is on us, private keys and total control of everything and that what makes Bitcoin more trusted by users.

He already said that he is a beginner. And he actually didn't come to his friend, but his friend came to him. It means he basically has no intention to introduce Bitcoin to his friend. That's why he asked for help!

Well, to introduce Bitcoin, someone needs sufficient knowledge about it. At least, know well about the nature of Bitcoin and how its potential for the future. Regarding the price, sure Bitcoin price is never stable, it can raise or drops at any time. Also, it may have a sideways phase, too. So, it may crash sometimes, it is impossible to always raise. But if we learn the whole price history, it always creates a new ATH every 4 years. It means Bitcoin price grows constantly.

Bitcoin has experienced several crashes and we know about this if we look at some of the history behind it so that whether the context can be trusted or not, this returns to everyone's beliefs.
On the other hand, we must also be aware that something like this "Crash" will definitely happen even though with bitcoin conditions everything is back as expected, obviously this is not one of the things that really needs to be worried about when we believe in this.

The problem is when beginners don't wholeheartedly always feel they are being deceived because it doesn't match what they expected, even though in this case conditions with the worst possibility always exist and must be realized from the start.

Bitcoin in my opinion already has a high trust from investors, more than 10 years of course makes Bitcoin's reputation no doubt, if not trusted, of course Bitcoin has been abandoned by users, as long as we hold bitcoin and connected with a private key then everything is safe, very rarely occur in bitcoin hack cases .

These wallets gets hacked only due to the carelessness of the owners. First of all we should avoid online wallets. Never store any coins in any online wallets. Secondly many people like to store the coins in exchanges as this gonna help them to exchange the coins faster. But we have to strictly avoid these things while storing the coins. As in both cases, the coins are not completely owned by you, other entities also have access to it and hence for this reason many times, wallets are hacked.

I think bitcoin has a good and reliable reputation, if more and more companies and countries legalize bitcoin then they have done rigorous and long trials, many people complain about losing bitcoins, but after being asked it turns out that their mistake was saving in a web wallet that can be closed services like Xapo.

Well I have put a lot of trust in my Bitcoin investment. It is my only investment so in many years I think I will be very happy that I did not sell any of my coins when there was a lot of fomo being spread on here and on the internet.
I do not think that Bitcoin will crash very low. But yes I am quite sure there is going to be many corrections still ahead of us. We must be patient with this and just know there are many years of profit and big gains for us who are patient.
But yes it is a good idea for your friend to join forum. If he does not want to join he can at least read up on Bitcoin. It is not for everyone but I think he will want to invest in it himself.

Obviously bitcoin is very trustworthy. If someone doesn't believe in bitcoin, only sees when bitcoin crashes, it means that person doesn't understand bitcoin thoroughly. Even if people understand about the very volatile price of cryptocurrencies, they will never doubt bitcoin. As we know that bitcoin often crashes and bitcoin can survive and recover from crashes.

We should stay away from centralized exchange wallets completely if we don't want our bitcoins to be lost for no reason. Hardware wallets are the best, but if you cannot own them, a non-custodial wallet like Electrum is a good option. I have been using Electrum for 5 years and have had no problems. So the hack was caused by our carelessness and not by using an online wallet. The safety of our property depends on how we use and care for it.

Bitcoin has been developing for a very long time, it's no wonder that people have put their trust in Bitcoin, so far Bitcoin has always proven that bitcoin is in great demand and the level of popularity is increasing day by day, from several other aspects it is convincing that Bitcoin is very trusted by many person.

Those coins are hardly to blame. It's the people handling them, Bitcoin and a few other decentral coins are not manageable. Coins like Luna is a different ballgame.

Short term price fluctuations do not indicate a level of trust as you ask OP. If you mean, can you rely on bitcoin as a store of value which will beat inflation over years & likely rapidly increase in $ perceived value over years then I would say yes.

Price fluctuations are very much still part of bitcoin. It is not a stable coin, there are times when we see wild swings in both directions. Your money is definitely going to do well invested in bitcoin though so in that sense, yes you can trust bitcoin.

Bitcoin has been in existence since 2009 when it was first created by Satoshi Nakamato and co, if you check 2009 till date 2023 is roughly 14 years of Bitcoin's existence, at least a good number of years to consider being successful. Too the fact that no one person or Government control Bitcoin, it's truly decentralized which makes secured. No one can print more than 21 Million Bitcoin as it's currently not own by Government who has money printing machines to print more Bitcoin, though Bitcoin's technology is only made to be digital.

However, no one beholds the future to know what will exactly happen in the future, but with evidence on ground as regards to the performance and transparency in the system, I do think that Bitcoin has come to stay.

To be begin with, I highly encourage you OP and your friend to learn about Bitcoin and  generally Cryptocurrencies also try to check the history of BTC since 2009 after that you will definitely realize in your own if It can be trusted or not. In addition to that, it is been 14 years since Bitcoin on top of Cryptocurrencies despite the attempts from countries. In fact, It has faced a plenty of crashes the most important ones happened in 2018 during Corona virus and in 2021 when FTX collapsed. In conclusion, the crashes are always existing since Bitcoin is not recognized by most of governments and it is pretty certain that they will try again and gain to break it down but as long as the community of this digital coin is progressing and Bitcoin is secured, nothing and no one actually will end Bitcoin’s existence.

what does it mean to crash like other crypto? bitcoin is the most popular crypto, if bitcoin crashes it is certain that all the crypto industry will crash. the point is like this, don't equate bitcoin with altcoins especially with new altcoins which in fact many new projects fail.
don't trust bitcoins? it's the same as not trust in the crypto industry !

Bitcoin's main strength is the support of the global community which is very strong, of course many of these communities have tested bitcoin's security, with a private key of around 53 characters it is almost impossible for anyone to guess, hack cases that have occurred are usually because computers or smartphones are exposed to malware so all data can be stolen.

Exactly.  bitcoin is the most trusted coin in this market, if even we don't trust bitcoin, we shouldn't trust this whole industry.  when comparing bitcoin to physical assets like gold and real estate, it is true that bitcoin is riskier.  but in return, bitcoin is risky, but the return will also be higher than other safe assets.  So investing in bitcoin is very fair, if you can accept the risk, you will get the reward you deserve.

Yes that's true, Bitcoin is very trusted because the community owned by Bitcoin is very large and the solidarity of its communities cannot be doubted anymore, it is one of the powers of Bitcoin can stand and develop until now. Hack cases only occur in those who are negligent in storing their seed phrase or they do transactions in which there is a trap to be able to enter our wallet, so far no one can attack the Bitcoin network, because of that Bitcoin has become a king in the market.

The big return of the risks is also the right word in this Intustry, the Bitcoin market is experiencing extreme volatility compared to other assets outside of crypto and therefore it is said to be bitcoin as a risk asset, but as far as you study bitcoin to this day, a little doubt There must be a decline due to crash several Crypto Exchange platforms that manage large funds, but it should be remembered that it is not bitcoin but service providers such as FTX exchange, or Altcoin like Terra Luna.

I think bitcoin's main strength is that it is an algorithm built on encryption. So you don't need to trust bitcoin as some other person, you need to trust an algorithm that is independent of third parties. This algorithm will work no matter what, even if the internet goes down in one or more countries, the system will still work. Your country's banking system, for example, will not be able to give you such guarantees. Another issue is the volatility of the price, but bitcoin does not get better or worse from that.

Yes, Bitcoin is a very volatile currency and those who don't understand this issue the holders of Bitcoin will lose it after a long period of time. An investors should be understood first. A bullish movement can be followed by a correction in Bitcoin price which is normal. Sometimes Bitcoin price can be dumped without any reason. There is no room to be upset here either. A Bitcoin holder should have a good idea about its dynamic nature. Otherwise it won't be easy for those holders to get the expected returns from Bitcoin in the long run.

Bitcoin will Crash, but Crash won't make Bitcoin die. What I know is that big crashes have happened to Bitcoin twice, but what happened, Bitcoin is still alive and always gives new hope to investors. Crash are only limited to unfavorable conditions for investors who buy Bitcoin at high prices, but for investors who want to get several times the profit will take advantage of crash conditions to collect as much Bitcoin as they can afford.
Tell your friends, there is no investment media that does not have the risk of loss. If you want to introduce BTT and Bitcoin Forums to your friends, the first step you should take is to be able to convince him of the knowledge you have and the results you get from investing in Bitcoin.

I can imagine you trying to give your friend positive arguments for bitcoin in conversation and I also make sure he is not so sure about going through with it.

If Crash is meant by the rise and fall of the price of bitcoin, we often see it along the way. Even though severe corrections often occur in bitcoin travel, what distinguishes bitcoin from the others is that there is always a recovery moment and returns to strengthen at a higher price, also known as ATH.

Stop convincing anyone to invest in bitcoin, without giving us an understanding that bitcoin will still be one of the best that ever existed. However, if you intend to provide an understanding, then the steps you need to provide regarding risk and price fluctuations, let them try to learn this first.

Because the most important thing is not convincing them to invest, but they have a pattern to avoid the risk of price fluctuations when bitcoin is in a severe correction stage in the market.

Bitcoin has been around for over a decade now and is only getting more popular with time. Along with this, the value of Bitcoin has also increased rapidly in the past few years, which means that people are now willing to invest in bitcoin more than ever before. Even if you hear about bitcoin being hacked, using a strong wallet makes it less likely. This wallet has a private key for security which corresponds to the wallet address. Bitcoin wallets are available in desktop, web, mobile and hardware types therefore the private key will not be shared with anyone.

I feel like its going to grow to a point where people will not ask this. However, lets remember that majority of the world uses dollars and some people still do not trust dollars neither, which happens and we just need to accept the fact that some stuff are just not that easy to handle.

It is not going to be easy for anyone to just do this kind of stuff that easily, it may take a while and it may take a long while as well so it could end up with something major for bitcoin not to be trusted, but with time it will be, we just have to learn how to live with that. I know that not many people trust it right now, and many do, there are tens of millions of people who love it, but there are tons of people who do not like it as well, with time that will get lesser.

I also make sure and believe that if we don't believe in bitcoin it means we won't believe in crypto either. it must be understood that crypto has become big because of the role it has created and because of the influence of bitcoin.
if bitcoin is affected by movement, let alone until it crashes, of course it will be affected by the crypto itself.
investors' trust in bitcoin makes many believe in crypto, it must be admitted that many new projects grow and eventually destroy it does not damage the reputation of crypto itself because the existence of bitcoin is still trusted.

of course Bitcoin is very trusted, even though the price of Bitcoin has fallen deeply from its new ATH of $ 65k,
Bitcoin is able to stay above $ 20k, meaning that this level is very strong and can even go up to $ 30k,
especially next year Bitcoin will do a Halving where Bullrun has been getting closer, it's the same as 2021,
and 2024 many people predict Bitcoin will reach $ 100k even $ 200k.

Bitcoin price movements are very fast and sharp, but that doesn't mean that it makes Bitcoin untrustworthy, even now Bitcoin support and users are increasing.
if you have known Bitcoin for a long time, maybe there will be no doubts on the contrary and regarding the price of Bitcoin, even though it has fallen far compared to its last ATH last year, many people still believe that Bitcoin will be able to recover and reach its new ATH in an unpredictable year. define, but I have no doubt that it will.

Bitcoin has a strong security system so we rarely hear about cases of hacked wallets, many people tell of losing bitcoin assets but what they use are wallets from exchanges, and what gets hacked are accounts from these exchanges, even so we must always be vigilant and always follow procedures wallet security.

Confidence in anything will be formed when you and anyone know him, that's how logic is formed in trusting anything. Trust in Bitcoin will be far more formed when you have the capital to buy it and store it as a long -term investment. Sometimes we need to think simple for something we trust and will be in vain when we believe but never want to be involved in investment.

Don't make sure people that Bitcoin will not crash but instead tell your friends about Bitcoin votality in the market, so they can learn to understand how to solve the impact of risk when they are in investment and give your friends understanding of Bitcoin's trip from the beginning of their appearance until now.

It is very much advisable not to be in a rush to invite a friend to what you don't really understand. You needed to spend more years here and in bitcoin and atleast understand how things work yourself before you invite anyone. It won't be a good experience when your close friend lose money because of you.


You are wrong
Bitcoin security system which is PoW is for the security of the bitcoin network which doesn’t cover an ordinary investor. There are many cases of wallet hacking, and it is easy when to accomplish when your device is compromised.

Generally speaking about things you don't know much about can cause you to pass on false information. Your friend is asking you such a question and if you don't know the answer, you should research it yourself first. You can have an idea by asking questions, but it would be more beneficial for you to research and learn on your own. You don't have to answer your friend right away. If you learn and research Bitcoin, your answers are more solid.

Yes, bitcoin can be trusted; if it couldn't, many of us on the forum would have given it up long ago since we wouldn't have needed to get involved with something we couldn't trust.

Anything volatile is expected to crash in the future. That crash will determine its durability and stability in the market.

A previous crash of bitcoin occurred between 2018 and 2021, and following that crash, bitcoin recovered strongly. That is what we have seen or heard from its past crashes and it is making us not feel worried when there is a crash in price occurred.

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Bitcoin has demonstrated to us on numerous occasions that even if its price drops, we shouldn't be concerned and should instead stockpile more because there is a chance that its value will rise again.

Actually wallets can also be hacked if someone uses a software wallet from an untrusted source because now there are many software wallets that can be used to store Bitcoins. But not all of them can be suitable for use if the source is not trusted or they are born from an unknown source, so this has not only happened through exchanges but has also happened through software wallets used by users who may not know that the wallet is not good.

As said wallets from exchanges and untrusted platforms is always risky. We don't know when they'll wind up and run. When it comes to bitcoin and other cryptocurrencies, we should not get into it just after someone's words. We should put our efforts and understand before getting into it. This way you can have the basic understanding which is a must to keep everything secure and in an organised way.

Its important to separate what we're talking about, price by itself is not something determined within the blockchain.  The price when its in dollars is heavily traded entirely outside of crypto markets, does BTC have to bare any responsibility for what price occurs in Chicago or anywhere else.    There is alot of volatility, this crash idea of course is out there but please separate it in your mind from the reliability of BTC itself.     Price and the asset or commodity itself are different dynamics to consider, prices for alot of things can be erratic.   The price of plain food recently has been hijacked and disrupted by wars and interference with large transportation from producers, do we say now that wheat or corn is a bad food because of this.   

Do be cautious but keep all seperate ideas in your consideration.

so what does "crash" mean by your friend? if what is meant by a crash is a significant price drop, yes bitcoin will crash and we call it a bearish or bear market. but if "crash" means the price goes to 0 and the volume goes to 0, I don't think it will ever happen. maybe your friend often sees many crypto projects that become dead projects and think bitcoin is the same as that project which can also be a dead project.

It's important to conduct thorough research and understand the risks associated with Bitcoin before engaging with it. As with any investment, it's wise to exercise caution, diversify your portfolio, and seek advice from financial professionals if needed.
Overall, trust in Bitcoin is subjective and depends on individual perspectives, risk tolerance, and understanding of the technology. While Bitcoin has gained popularity and acceptance over the years, it's crucial to approach it with informed decision-making and an awareness of the potential risks involved.

Definitely, I mean Bitcoins are now in existence for more than a decade. People still asking these silly questions that is it trusted? I guess this question raised due to the price drop of the coin from 69k usd to 20k usd? If this is so, then my dear friends don’t know that how crypto space works. Nevertheless we have seen what are Bitcoins capable of, so no matter what the other person says, we should stick to the basic goal. Accumulate as many bitcoins as we can and hold it for long term.

It will crash again but there's no guarantee on when it will happen. The simple answer is that no one controls Bitcoin price and it's most trusted cryptocurrency among all other coins or tokens out there in the market. I think joining him in this forum is a bold move and I think a great start for him to know more about Bitcoin, glad you have think about that.

I can guarantee you that there is nothing more trustworthy than bitcoin too. I mean we are talking about bitcoin here, if you trust it to someone else then you are not going to get it back. So it is a tricky subject, yes if it is at a safe place you own and you are not sharing it with anyone then you are not going to lose much, that will be something decent and you should keep doing that, but that also doesn't mean that you are going to end up with anything more than that neither, you are going to just keep it there.

But, if you do start sharing with it other places, and I say "share" because even when you put it in an exchange, you and the exchange share the ownership a bit. Then you are going to end up with a trouble so it is not going to be easy for anyone.

If you entrust Bitcoin to centralized exchanges we cannot talk about security but we all move Bitcoin to centralized exchanges from time to time and trade in sudden price fluctuations. So just because we share Bitcoin does not mean that BTC is not secure.

This is a difficult subject and it is impossible for us to end the discussion about it. But we are talking about a proven entity and i think there is no point in arguing.

Bitcoin is designed with a complex algorithm and until now it has not been solved, I often hear that currently there are companies funded by haters and trying to destroy bitcoin, of course, before bitcoin is worthless we have received many benefits or profits.

I trust Bitcoin as much as a cat trusts a cucumber. It may cause a momentary surprise, but in the grand scheme of things, we're in it for the long haul  8) 8)

believe in Bitcoin because Bitcoin will change the world, especially now that Bitcoin is still cheap,
because many predictions from experts say bitcoin will be worth $ 100k and even up to $ 300k,
so why should you be afraid to invest in bitcoin? bitcoin will still be trusted so don't worry.

it is true that we must be patient in dealing with situations like this, and then one day we will get what has become our patience.
we are not going anywhere, we are here to face market situations under any circumstances, and we will be together too if bitcoin goes up that's what current holders might think.

No asset or investment can provide a high return and safe. Bitcoin offers higher returns than any other asset, so it comes with a higher risk of all. If someone doesn't want to take the risk or can't take the risk, I strongly advise against giving them bitcoin investment advice. Tell them that if they want big success, they need to take big risks.

Besides the volatility of bitcoin, we should also make it clear to everyone the risks of investing in bitcoin. Bitcoin is a new asset class, not yet recognized by many people, so the risk is quite high, the possibility of crashing or losing everything when investing in it is always present.

It's hard to convince someone if he doesn't have the intention to learn what you're telling. To attract someone's interest in the subject you are telling must be supported by data and facts, you need to show the history of Bitcoin prices from year to year to your friends.
Bitcoin has experienced a crash, but was able to recover and be able to stand upright. Just leave him with his stance, when your friend is starting to be interested in Bitcoin, he will come to you to teach him how to have Bitcoin.

First, you need to be sure of what you're doing before you introduce others to it. This doesn't apply to only Bitcoin but to everything in general. This is how a lot of people lead their loved ones into scams unwittingly.

For you to know that Bitcoin can be trusted then you have to have convinced yourself. When you ask questions like these, everybody just gives their own opinion. You should carry out your own research and understand the behaviors of Bitcoin over the years, know its history, only that can answer your question.
This is a place where most of us are lovers of bitcoin so you won't know if we will give you answers without sentiments. So carry out your own research, and study it. Know how far it has come to get to this point, know the setbacks it has faced, and how it handled those setbacks.

If they don't have the readiness to face risk, any investment will not be suitable for them, let alone talk about bitcoin which is so speculative in its journey. I don't think there is any obligation to explain bitcoin to other people because not everyone understands how it works and also not many people want to get involved. When people are interested in learning about investing in bitcoin, they will indirectly learn to understand and recognize bitcoin first, so that they have insight that can lead them to questions they don't understand.

Talking about the risk is not only in bitcoin and in other investments that are also at risk, even when people try to run a business the risk is also big how business trips don't develop and experience losses on the capital they spend. In the end, the risks will be proportional to the benefits you get, but you have to learn how to minimize these risks to be smaller.

If you say bitcoin will never crash, that opinion is not true. Because bitcoin is also the same as other crypto, if it leads to this. It's also called a tradable asset, it's certain that there will be a place where the price drops quite a bit, to a fairly low point. Likewise with bitcoin, there must be a time when the price crashes, but it won't go down far below, let alone until there's no price, that's very unlikely.
So you have to learn more about bitcoin first, to be able to explain it to other people. So that there are no misunderstandings that occur between you and your friends. Because this concerns the realm of crypto trading and investment. It can have an unfavorable impact if you mis explain the real thing about bitcoin to your friends. So it's better now that you have to learn more about bitcoin, and if necessary also learn about other cryptos. Because if someone asks about it, if you have studied, it will be very easy for you to answer it.

It's our responsibility to be vigilant in the first place especially if we are hodling huge funds towards bitcoin or with other leading altcoins in the market, we shouldn't be complacent of the fact that it is performing good in the past few months because there is no guaranteed profits in the world of cryptocurrency. Even the bitcoin, as the most trusted coin, is still risky to invest on. Being informed and keep updated by what is happening will keep us safe because in that way, we can move in what we think is preferred.

Even on a legit thing about dealing up with any market, having those crashes and dumps or correction is really just a normal part. Thing here is that you shouldnt really invest on something that you cant afford to lose.You should only put on the amount on which you could really be able to bare up with the risks because this is how this market works. You cant really just put up money and making assuring yourself that you would be making money. About trust then we arent that blind on how long Bitcoin had been mainly be supported by the community which is already a decade+ now.

It wont really be remaining on the top spot if it werent that trustable enough but of course it doesnt mean that you could really make some all in type of investment through it. Always be considerate
when it comes to risks as it should always be no matter on where you would be investing as long you do have that decision basing up on your risks appetite. Dont make yourself that
getting that blinded and easily believe on what others do been saying or would be boggled you because those are really just that common lines into those who doesnt have
that basic knowledge about Bitcoin or crypto market.

Yes, despite the reputation and the potential of Bitcoin it still doesn't guarantee the chance of making a profit since tomorrow is not promised and everything depends on the investor's decision. But the days Bitcoin will go to zero are over and the risks the cryptocurrency market has can still be avoided.

I don't think we need to convince anyone to invest in bitcoin because it's in their interest, and they will also blame us if the investment loses. And if you still want to convince them, the best I can think of is to give the results you get when you invest in bitcoin. That's the most convincing evidence they can't argue with, and if they still don't believe it, don't waste time on those types of people.

everyone has their own choice, their beliefs are also born from us following them if someone doesn't have faith in Bitcoin,
let them see it, 2015-2016 many people don't believe in Bitcoin, even China banned bitcoin in that year,
but in 2023 China will become a superior country the first to allow bitcoin, how? very amazing is'n it?.

I think if someone invests in bitcoin with their own mind then it is possible to make a profit. But I think that the bitcoin market in the current situation will get better very soon but it will take a few months.  Those who had invested at that time could have made huge profits if they could have waited a few more months.

actually i know bitcoin from my friend. he bought some bitcoin long time ago, but i dont know what is bitcoin and he just said you should learn by yourself.
he got much money from trading bitcoin but i am not really good about that so here i am still learning and looking for something :D :D

One should not spread that news about which he does not know well because investment and trading are those activities in which one have to use his money so if without knowledge your friend losses money then there is a straightforward way for him to blame you because he use his money in this situation just because of you. It is clear that if you tell you friend about risk and benefits so he will surely involved in this case but the matter is that you have complete knowledge about it to give him details.

I'm sorry buddy Bitcoin market is not like a girlfriend or dating kind of relationship which people do with their mind and soul. Things don't work that way in Bitcoin because what is needed is perfect knowledge and risk management not making an investment with the mind. Besides, with the right mind, you'll still make lost if you don't understand the market and have a sound basic knowledge.

Making the most of the current bearish situation is the best course of action because the bear it might take longer than anticipated.

I think that all those who are members of this forum certainly always have a lot to learn, because developments are constantly updated all the time and one day something may be overlooked and unknown. so keep updating all developments properly through existing forums and literacy, it is certain that you will continue to be able to follow well. be happy for those who are able to use bitcoin to be able to prosper their lives, because it is not easy and requires a lot of patience when following the movements of bitcoin. we are together to continue learning and hopefully we can be like your friend who can already use bitcoin properly.

Bitcoin has been bullish, so I can say of course that bitcoin can be trusted as an investment,
especially since the halving of bitcoin is still around the corner, so buy Bitcoin at $ 29k to $ 30k,
but if the price of Bitcoin drops below $ 29k then it's better to wait until the situation is good again,
and if the Bitcoin price rises above $ 31k, of course you don't buy it because it can experience another correction.

People often loss money due to their own mistakes and the blame that bitcoin is not a good investment but they don't accept the fact that their impatience become a cause of their failure.

Bitcoin will be acceptable and trusted by those individuals who get profit from it whereas those who don't understand its reality and are impatience will always says that it's not trusted currency.

Bitcoin is one of the best and trusted asset once an individuals understand the basis knowledge about it and try to wait whenever wait is necessary.

For those people who doesnt have much idea on what they are really that doing and on the time that they would experience loss of money then this is where they would really be definitely be having that kind of
behavior on which they would really be pointing out their fingers on something they could really be able to blame as much as possible which it isnt really that shocking for those who are completely noob
when it comes investment or just simply talking about this crypto space.

Well, even though Bitcoin do really get that huge support and confidence of the community which does signify that it is really that something that can be trusted but still it wont really be that 100%
that you would really be having that all-in kind of behavior when it comes on investing into Bitcoin. Always take that moderation and be mindful on every step that you would make.

It is not wrong to say that people who lose money investing in bitcoin are their fault, not bitcoin's. Because bitcoin is just an investment asset like other assets like gold or stocks, and whether we lose or gain is entirely up to us. Those who always blame bitcoin for their losses just don't want to accept their own weakness.

But are we exaggerating bitcoin by saying it is the best and most reliable investment? If it is such a good and reliable asset, why are more people still not investing in it?  Strictly speaking, it is the most profitable asset today, and that is why many people flock to invest in bitcoin.

First of all we are under no obligation or obligation to share with others what Bitcoin is. It is up to us whether we want to do it or not. Unless someone shows us an interest in really learning about Bitcoin, which is still up to us whether we explain it to people or not, it's not that simple, right?
Because no matter what we or others say, there is and still is a risk attached to the truth and those who trust in it should be called paring risk taker, it should be you or us.

It's clearly quite simple for this kind of thing, because basically everyone has freedom in liking something and also in being interested in something so that it will show itself to everyone. This means that those who show interest in Bitcoin will definitely try to learn things related to Bitcoin and then ask people who already know about Bitcoin.

Meanwhile, those who don't like Bitcoin but already know Bitcoin, no matter what they want to explain, they still don't like Bitcoin, but there are also people who don't like Bitcoin because they don't know it yet. Well, actually what needs to be given an understanding and explanation here is for people who don't know Bitcoin, not for those who already know Bitcoin, even though we also have full rights to remain silent and not explain anything related to Bitcoin.

The reason is just known by those individuals who don't accept bitcoin because every individual has its own opinion may be at start they don't get benefit due to misunderstanding about market and may be they don't have money or are afraid of losing money.

Bitcoin is not acceptable in some countries due to strict rules and regulations but one cannot denied its success and its reliability. We can just justify our own experience and thoughts but we cannot force others to put money into it.

Individuals will only understand about its success of they accept their faults and try to not repeat them again so they will learn from their mistakes which will help then to a successful bitcoin investor.

We don't know for sure when such could happen that's if it's gonna ever happen even though we understand bitcoin isn't impregnable it has faced and survived different attacks and there may be more others in the future which we can't tell for sure how's gonna play out.

But generally if we're to compare bitcoin with all other alts, bitcoin is way sured and with a better longer future than any digital currency you can compare with at this time. What you should be concerned about  is not when or if it going to crash very soon or not but rather focus on making the best out of the currency while it exists.

Conditions like this are quite reasonable because there is indeed a lot of stigma that really makes it seem as if bitcoin is something bad, especially with the galvanization of several media which makes this a little complicated when the news does not really match the reality because seeing from the conditions there is a lot of skewed news which is actually exaggerated.
In other conditions, this also depends on each individual who has many opinions and there is no mistake about it, but because the stigma has been labeled bad from the start, bitcoin if you don't really get into it and don't know about the ins and outs of ordinary people, of course will continue to feel this is something bad and that can not be blamed also because some of the information provided is sometimes wrong.

Some false news arises due to which the blaming mechanism started so I think first we should recognise the fact and then take forward step. Yes there are a lots of stigma but people can use their mind and can get knowledge about history that how successful bitcoin is and how it gives millions to its users then it will not consider as a bad asset.

In short I will say that we cannot force anyone and we have no right to blame other individuals or any assets because individuals can think personally and they have own mind to take decision. On other hand we can also not blame any asset as asset doesn't describes our profit but we describe our profit through hard work, patience, true decisions and through not making any mistake.

To me, bitcoin can be trusted. There are several factors why I have confidence in Bitcoin due to its proven level of stability, such as a strong history of performance, wide adoption by large companies, decentralized blockchain technology, and set supply limits.

And over time, you may also have experienced amazing things besides what you mentioned with Bitcoin. Because someone who has experienced big profits will also continue to believe in Bitcoin even though he doesn't know everything about the blockchain technology that is in Bitcoin, but if we talk in a more general direction I think many people's trust in Bitcoin is due to encouragement from themselves themselves as well as encouragement from the large corporations.

Which companies also want to use Bitcoin and want to accept it as payment for the products that are with them (the company). And now the adoption of Bitcoin continues to expand among the public as well as on corporate parties too, because maybe they have seen how a country that has started to progress after adopting Bitcoin in recent years. Close examples are El-Salvador and the Central African Republic.

Compare to other crypto coins bitcoin is the most trusted because it is proven and tested as a good investment for a long period of time, but even if it is a good investment there is always a time of bull and bear season so we cannot say that it also bring us profit we also need to know that it is risky investment also because of its high volatility and it is very unstable.

I agree with what has been said and make a few additions. The fact that Bitcoin has survived to the present day is an element of trust in itself. To trust bitcoin, we just need to look at all the stages bitcoin goes through.

The fact that institutions and governments buy and hold bitcoin for a long time is also an effect of reliance on bitcoin. In recent years, making payments with bitcoin is one of these factors. All in all, there are many reasons to trust bitcoin.

What are you talking about? If it breaks above the resistance line which is at $31k, there won't be any corrections before it reaches $35k in my opinion, and if it drops to $29k, it's better to wait then, you are right about that because it can drop further once it drops there, now most people are waiting for either one of these two to happen so that they get a clear indication of where the price will go next, right now, the market is in a confused state.

Those who have already invested are waiting for a rise and those who are willing to buy are waiting for a drop and Bitcoin is stable in the middle not letting the market either move up or down ;D. But, as we can see the market has started moving somehow now, and we will soon see it choosing a direction to move towards.

I can say that Bitcoin is a reliable investment tool with its proper use. Bitcoin has opened up a space where we can exchange money without the need for monetary authorities and institutions. Even this reason increases my loyalty and trust in Bitcoin. But Bitcoin is a highly volatile cryptocurrency and with sudden drops and rises, people always think “Is Bitcoin a bubble?” question arises. It has a structure that performs very rapid declines and rises. In the bubbles we generally experience, we saw a decrease in a single move and an increase in a single move. When the websites of technology companies emerged in the 2000s, public offerings took place and a very large market volume was reached.

Then there was a decline. It then took seventeen years for them to recover. Right now we have giant technology companies such as Google and Microsoft, and it has been many years for the shares of these companies to recover. However Bitcoin experienced this collapse and recovery period experienced by technology giants in only three years. We can understand how strong Bitcoin is even with this example. Therefore i can say that Bitcoin is not a financial bubble and is reliable.

Admittedly, BTC is not completely safe from market ups and downs, but I believe BTC has long-term potential going forward and regarding Adoption, of course Bitcoin also has implications that vary across regions with economic, political, and social dynamics.

If OP are a trader, let alone reliable. I think this can be a real solution to convince your friends that indeed the price of BTC fluctuates, but with your trading knowledge and experience in following market movement patterns, this is not something to be afraid of and makes your friends calm and not make wrong assumptions anymore.

Geez, if stability, strong history, wide adoption are the main components that make you trust Bitcoin, then you probably want to trust gold and US dollars even much much more.

And when fiat currencies implement blockchain for CBDC on blockchain with supply limits, you would trust them even more lol

Bitcoin is trustless, which makes it the most trustworthy. That's the whole point right?

You had good intentions of introducing your friend to this forum but it turned out to make you feel confused about the whole thing you want to introduce him to, so he can learn about bitcoin from this forum.

That's how it always seems when you don't pay much attention to reading and researching what is been preached here

This is what you should know before introducing someone to bitcoin or any other thing you find interesting. You don't introduce someone to something you actually don't have any full knowledge of because any questions or problems can pump out from it that you can't be able to defend or explain better

Having said that, introduce someone to something you have full exposure to. So that when unexpected questions are asked, you can explain how it works based on what you have seen or heard.

Nice joke.. ;D  ;) Yes. BTC is very different from the others. whatever that is. I myself am one of the youngest BTC lovers who likes to see this technology will be very useful in the future. Yes. BTC will answer it for all of us.

Exactly bitcoin has created new ways of earning for all those individuals who are not involved in any job and other thing is that it is decentralized and we can use it anywhere without any limitations. Bitcoin can only be understandable if someone get deep expertise with it because just words cannot attracts to you to a successful path but you have to experience reality.

Bitcoin can rise and drops very quickly and before selecting bitcoin we have to keep this point in mind and if we remember this we will never make any wrong decision and will never blame bitcoin. Recovering durations of bitcoin is very fast because of its volatile nature and we have to think that its volatility is not only a risky but it has beneficial aspects too therefore we have to manage risk and take benefit out of this volatility.

If bitcoin was to crash it would have crashed since after suffering in several Terrible market. Bitcoin is the first decentralised currency and it is still doing well till date , if you compare bitcoin to other coins they do not have the same quality.  It will be best for you to do a better research and see for yourself why bitcoin can't crash and its difference from others. Many thought before now that bitcoin won't get to this point where it has reached but it keeps growing and always been the most valuable and reliable cryptocurrency.

Glad you enjoyed the joke ;) I find that too many people complain about Bitcoin and make all kinds of "danger assessments" it's what I call to my friends complaining about the hole that you are not even going to jump inside.

I don't think Bitcoin answers everything for us but that was never what it was supposed to be. Like any tool and invention it was supposed to solve a problem, and it solves a lot of problems for me :)

What's the reason you want to introduce your friend to Forum and bitcoin despite the resistance? It's not a must to force anyone into what you're doing. Investing in bitcoin is by choice and not coercion. The only role you have to play in that regard is to offer them explanation on how it works and the risk involved as well and that's only if they interested in such conversation again. Do not go about telling people you are bitcoin investor as it's not fully legalized in all countries.

Again, you're not in a referral contest. Do not compel anyone to register on the forum against their wish. Besides, one can visit the forum as a guest and have access to read everything here with the exemption of offering their own opinions.

We have to act our own part kn trying to introduce this forum to some but immediately we see that it's becoming something else beyond we planned for then we should avoid going further, after one would have talked alot about bitcoin to them, it's also something that they should be left alone to have time to rethink about it and look into it more closely by making their personal research as an addition efforts not to fall hands of scammers, you can't force a person when he's yet to be determined for bitcoin adoption, except they show interest for tou to push forward.

Besides having to see the stages that Bitcoin has gone through, everyone also needs to see how the level of public trust in Bitcoin every year. Because it is also about the development of Bitcoin from year to year and can also have an impact on increasing prices if every year the enthusiasts for Bitcoin always increase and they also make purchases on Bitcoin.

That's certainly a factor, but I'd prefer to see a lot of companies with well-known products willing to accept Bitcoin for payment. So that this can also be a direct promotion for Bitcoin because products from companies that are well-known are definitely more widely used by the public, so many people will also see firsthand that the companies from the products they buy also want to serve payments via Bitcoin. And it is also a very good effect for the use of Bitcoin which will probably continue to expand.

Basically, most of the people from all around the world are familiar with fiat currency and Stocks market where the dump percentage in price were quite low compared to cryptocurrency so that's why when they observe or face a Bitcoin dump with a percentage of 60% to 80% in price, they taught it's gonna be scam as because in stock there is no such kind of big dump and where ever it happen it indicates of bankruptcy, but in cryptocurrency it's totally opposite, we face a lot of big dump but Bitcoin recover it and make new ATH too,

so that why it's difficult for any person to believe in Bitcoin if he is not familiar with Bitcoin or if he hasn't researched about Bitcoin price history, currently most of the people revert to Bitcoin because of the number of profit which people earn. While still a lot of people call Bitcoin a scam because they are not aware of the potential.

Well, what do you think now fully believe or re-observation. I think, your friend is smart, that way your curiosity will arise and a desire will be born to know more and more deeply about the performance of the market, especially BTC. What is certain is that you need to remember that the crypto market is volatile and can happen at any time and turn green quickly.

Hack cases that have occurred are of course small things which are usually because someone doesn't care about the security system, with the 52 characters in the bitcoin private key it can be said to be very difficult to guess, this is what makes many people have no doubts about the bitcoin security system.

You can trust Bitcoin. Although Bitcoin suffered two major crashes in 2018 and 2021, but it is no longer in danger. Because Bitcoin is now on a growth path. And Bitcoin experts believe that there is a high possibility that Bitcoin will become the next ATH between 2024 and 2025. Although the value of Bitcoin is variable, at any time the value of Bitcoin increases or decreases. Yet there is a high possibility that Bitcoin price will turn into the next ATH. And you can now trust Bitcoin.

Since you have been associated with cryptocurrency for the past few years and have at least some knowledge about Bitcoin. So when your friend asks you to talk about Bitcoin, be sure to bring up Bitcoin's past and future. We all know very well what Bitcoin's past was like and how Bitcoin's popularity has manifested itself today. Those of us who have been working with this forum for a long time are dependent and believers in Bitcoin. We believe in Bitcoin more than anything else, and Bitcoin can be trusted with the blink of an eye. Currently, we have seen many researchers research that they will prefer Bitcoin over paper money in the future. and considering all aspects of Bitcoin it has a bright future as people have been able to change their lives by investing in Bitcoin. And if we invest in Bitcoin and leave it for the future, we will definitely be in a better position. So I would like to tell you that you can safely tell your friend that Bitcoin is a currency that can be trusted blindly and held as an asset for the future.

Very wise opinion, I agree with you (consider the risk/reward ratio to determine if something is worth investing in.). I like the policy you made, I think even though I am optimistic about BTC, I am always careful because the crypto market is very volatile.

You have a point there, the rate at which Bitcoin could buy to reach an ATH and also sell back dangerously could be very scary and discouraging. But that is to the unprofessional people that just dabble into it and it's a very good reason why you need to understand the market you are dealing with before committing your money. Bitcoin is an asset that anyone dealing with it has to fully understand its season, there are bullish and bearish seasons in it. Not that it won't be falling and buying intermittently like any other market but there are major times of the bullish season and the same goes for the bearish season. From what I noticed, the long-term bearish season of Bitcoin where it might be playing almost dead is more than the bullish season where people will start pumping it due to FOMO just like what we see now. Regardless, this shouldn't cause panic if the person is a true trader/investor, they should rather analyze the coin well to know where to buy and when to liquidate their position properly.

Nonetheless, what I believe that scares people most about Bitcoin is that there is nothing backing it as an asset. The only thing backing Bitcoin now is people's money, nothing valuable as a substitute that people could fall back on in case of unforecastable circumstances. But the real enthusiasts dealing with it do not care mainly because of the blockchain technology of the coin, the decentralization and the privacy issue it's being solved for them.

Bitcoin faced huge crashes in previous years but if someone considered that crashes as a lucky part for them so that was an opportunity for them to make investment. But those who don't buy any bitcoin that time due to lack of education of bitcoin halving they missed a great chance because buyer of that time will get large sum of money in 2024. Bitcoin value is variable but due to this variable characteristics people are often using it as an investment because such ups and downs make everyone wealthy if they focus on appropriate timing through appropriate research. Keep in mind that crashes are for sometimes so take benefits from it instead of considering it a worse part of crypto

Ups and downs in prices always provide opportunities for investors. This situation happens frequently with Bitcoin. Bitcoin cycles have provided huge returns to those who take advantage of the opportunities during these cycle periods. Bitcoin investors trust Bitcoin because Bitcoin has not misled its investors before.

Those who want to make a profit in the short term may lose money in Bitcoin. This depends on the time period in which they invest, but in the long term, Bitcoin has always made its investors profitable.

You need to make your fundamentals straight and clear. We have the information that Bitcoins are limited in number. We also know that, out of 10 men, 5 at least know about Bitcoins, which proves that Bitcoins are popular as well. Now, when something is popular and fixed in number, what are the chances that when time passes, it will become very valuable? So forget about the risk and buy as many coins as you can in this affordable range. Once bitcoins cross the 60–70k USD mark, it won’t stop. Risk is always present in each and every type of investment. So in the case of bitcoins, just overlook it.

Correct. I agree with you that sometimes people believe in Bitcoin after they have made huge profits even though they don't fully understand cryptocurrencies. However, most of them believe in bitcoin because bitcoin can earn money without having to work hard and also many people don't care how many big companies adopt bitcoin they only think about how fast they can make money from bitcoin.

How much are we going to like bitcoin even when we are not making any profit yet from what we have invested, how committed are we going to go about the network even if we already have a past record of losses in our previous investments made online, bitcoin renders equal opportunity towards everyone, do we actually trust in this or we believe it's been manipulated against us for other's sake or benefits.

In the first place you must be knowledgeable in the Bitcoin industry if or before you must try to talk to someone or bringing someone up to the industry.
You can't give what you don't have and it should be believed that you must have got your conscience cleared and mind made up about Bitcoin which built your confidence in the Bitcoin.
Don't you think even if after you goes back to that of your and clear his doubts out he may feel something untrust because you couldn't sort yourself out at when expected?
Well, you don't take out of excitements and talk to anyone about what you can't be defended or give a confidential stories of believe ability about.

However, Bitcoin has come to stay  but with the nature of its decentralization and regularities, a 100% faith is not worth leaning on it but more solid, concrete and sealed entrusted over every other crypto coins which are flexible and fragile to give up to crashing.

You feel you are a beginner but you have the courage to convince other people of things you don't fully know, it seems like you are careless, BTC is indeed a good asset but if you don't know much about it you can learn about it first then tell your friends.

When you want to know a quality product you need to how long with it consistently and Historical Performance: A Decade of Remarkable Gains. Investors often seek assets with a history of robust performance, and Bitcoin doesn't disappoint.so he should know the value been in the game for long and consistently in the market

I'm sharing my insights and perspective after reviewing some of the initial discussions regarding the possibility of a Bitcoin crash.
Bitcoin, considered the pioneer of cryptocurrency in my opinion, actually possesses unique characteristics that set it apart from other digital assets in the cryptocurrency space.Its decentralized nature, limited supply and growing adoption contribute to its resilience and long-term viability.While it is true that Bitcoin has experienced crashes and corrections throughout its history, including significant downturns in previous years, it is essential to recognize its remarkable ability to recover and continue its upward trajectory. Despite the challenges and obstacles faced, Bitcoin has consistently demonstrated resilience and overcome various adversities, ultimately reaffirming its position as a leading digital asset.Comparing Bitcoin with other cryptocurrencies it becomes clear that Bitcoin has a different track record. With a history spanning over a decade, Bitcoin has weathered multiple market cycles proving its stability and resilience.
In essence, Bitcoin has established itself as a resilient and stable asset, able to withstand market volatility and uncertainty.

In fact, we also need to see first whether what is being done is only to convince someone about the goodness of Bitcoin without inviting them to immediately buy Bitcoin before they have a sufficient level of knowledge. Because if you just want to tell someone about Bitcoin, I think this is still in the normal category and isn't wrong as long as you don't force them to buy it straight away.

Even though the person telling you this would certainly be better to have complete knowledge about Bitcoin so that the person being convinced can make a decision to believe the person who told them that. But as long as someone doesn't force other people to believe in Bitcoin, I don't think there is any mistake made by that person because in the end it all boils down to each person's thoughts and beliefs about Bitcoin.

Yes. if they have received it indirectly the demand for BTC will increase and this will also become something that will be familiar to the public in the future when carrying out transactions even in other places at other times and places when they shop and there are payment options available that allow them to be paid using BTC . If BTC adoption is evenly distributed everywhere, it will be even easier.

If you cannot depend bitcoin then how can you lure people inside it? you have been here in the forum for quite a long now yet know nothing about bitcoin? sounds not legit mate because I believe that engaging in this forum will at least give you enough understanding about what and how good bitcoin is.

Did you check when the post was made, this post was made when he was yet a beginner now I'm very sure you did not read between the lines when he said
Please next time do well to read carefully before making any comments.

Luring people to Bitcoin? That is just unnecessary, Bitcoin is not a must asset you should invest in, it is just a matter of choice. But if it is to convince people you wanted to say, that is good and very necessary in case you do not want the person to miss out. But still, it is the choice of the person in this regard and even as Bitcoin speaks for itself, but the people who thought contrarily to invest in it will lose. This is unless they invest in altcoins and other investments which serve as an alternative to it. Nonetheless, I share in your view that the guy is not new, and what I see in his activity is more than enough to learn and know everything needed about the coin and not pretend this way.

By the way, on second thought, we have different reasons to join the forum and embrace Bitcoin, so he might not be paying attention to the seriousness of this forum and the Bitcoin that brought it close to us for some reason. For this, he might not be convinced really about Bitcoin, and I do not think that it can be so hurt to ask for genuity's sake.

of course bitcoin is trusted. all the most trusted crypto currencies are of course bitcoin. because bitcoin is the first crypto that exists and is the barometer of all crypto prices. bitcoin if in fiat money real life is USD. USD is crypto, of course bitcoin.

For now, this is true, but Bitcoin is not in real form so we cannot say it can be trusted in the long term, the global influence in the future is very difficult to predict so we cannot completely trust Bitcoin.
To invest or trade of course Bitcoin is the most trusted choice and even now the most trusted Crypto currency is Bitcoin so we have to sort out how to trust what is meant.

You are really just that not clear on what you are saying. You said that it cant be trusted but in the end you said its been most trusted. LOOLL!

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When it comes to trust, then those ranks do able to tell on which projects had been trusted by the whole community and we arent that blind of it on which Bitcoin do sits up on the top.
Therefore, trust is really there on which theres no doubt that it is that been mainly supported. In an individual perspective on things then it would really be just that depending on you
whether you would really be investing on it or not.

The main rule that we should put up into our minds on the time that we do plan investing on crypto is that you should really just that invest on the amount that you can afford to lose.
We do know that this market doesnt really have an assurance whether it would succeed or not in the near future. This is why getting all in
is never been advisable or recommendable.

Bitcoin can be trusted when you know about the technology of bitcoin very well, so I know quite well that the things that makes people to lose trust in bitcoin should be as results of ignorant and inability to understand how the system of bitcoin works, before now many people do not trust bitcoin but since some people have tested the investment of Bitcoin and also make profit through the investment of Bitcoin they continued to invest in bitcoin, so what I'm saying in nutshell concerning bitcoin investment is that it's something you have to to test and know the good and bad in bitcoin investment before you can condemn bitcoin. Sure bitcoin is trusted

bitcoin has been around since 2009. and until now it has been 15 years and bitcoin is still there. bitcoin users are increasing and many countries have officially regulated bitcoin. that means bitcoin has been legally recognized by the government in many countries. even in elsavador bitcoin has even been legalized as a legal means of payment as well as currency. of course bitcoin is trusted.

Bitcoin can be trusted when your are in the right time for investing, I think many people get doubt when investing in bitcoin because they are have wrong moment to buy or sell bitcoin. Since I know bitcoin last six years ago and looking how price movement  I don't doubt for investing in bitcoin and become most trusted investment assets for the future.

Some country and several top companies have accepted bitcoin as legal payment currency transaction and I think not has weakness side doubt with bitcoin, first time launched last 15 years ago and bitcoin price up significant why have worry and doubt with bitcoin. El Savador showed us what the advantage getting after making bitcoin as legal bitcoin transaction payment and their country have been popular with many tourism come there with easily payment currency as bitcoin.

Now there are a lot of cryptocurrencies circulating in the market, but the trustworthiness of each person still varies greatly, although in general or most people still believe in Bitcoin as a very good and reliable cryptocurrency for the future. . As for fiat currencies, I think there is no proper comparison between other currencies even though the USD is still more dominant in global transactions.

If someone already believes in Bitcoin, I don't think there is a need for him to physically see Bitcoin if what he is trusting in can still provide sufficient profits for him through investment or trading. Because there is a reason to believe in something, even if someone has not seen something clearly before their eyes, so it comes back to each person when they want to react to it more wisely.

Not to mention the great crashes of 2010, 2011, 2013 and 2014.

If you want to measure the level of public trust in bitcoin, then perhaps you should put aside its value and focus on its innovation. There are many things that make people believe in bitcoin and some of them are their knowledge about bitcoin and their experience while being involved in the blockchain industry. Adoption and real use cases growing over time is one of the things that should be attributed to increasing confidence in bitcoin. The involvement of institutions and many large companies in it can also make people's trust continue to increase, but in the end all of them certainly have different perceptions about bitcoin.

Regarding price, bitcoin is very volatile. The volatility may be high or sometimes low, but a person's trust and confidence in their future potential largely depends on how they understand bitcoin and how the market works. Of course there will be a shift in a more positive mindset towards bitcoin when ordinary people continue to receive proper education about what bitcoin is. The fluctuating value should not be a bad or scary thing, but it depends on the risk tolerance and perception of each individual as well.

no one knows what will happen in the future. As long as Bitcoin is still decentralized, and its price has large fluctuations, we don't know whether it will crash in the future, or will increase even more. However, until now, the price of bitcoin has always shown positive things. It has a very large community, and to date many large companies, or even countries accept it. There is no guarantee in telling your friends that the price won't drop, because if you say that, your friends will probably blame you if that happens. It would be best for him to find out and do in-depth research on this.

Trustworthiness of cryptocurrency varies depending on factors like mentality of person, it's security, regulation and the specific cryptocurrency in question. While some people trust cryptocurrencies for their decentralized nature and potential for financial freedom others are wary due to concerns about volatility scams and regulatory uncertainty.
Many of the person and agency told their currancy lost have been by scammers. Although it's not possible to hack approximately.

As a trading it's risky but should be holding long time for best profit. The price of Bitcoin rose to a record 69k in November 2021. Yesterday price approximately 45k.

Although many of the traders are not afraid about price because the "trust of Criptocurrancy."

What you say is very true, we will not know for sure what will happen in the future, whether prices will soar high or fall, no one can tell us for sure about this and also we cannot tell someone about conditions that we cannot we know for sure in the future, so it would be better for us not to say anything that we cannot know for certain in the future if we don't want that person to blame what we say to them if Bitcoin experiences a decline that cannot recover in the future.

But you don't have to be so negative, in the future we will have a better bitcoin price, I think that for me in about 10 more years or about 15 years the Price of Bitcoin will be around $800k, you just have to look at the things that can be done if bitcoin is in a few years, and things can be done well, now those who don't believe that Bitcoin is going to go Up , it's just nothing that sells and that's it, there must be many good things to do You don't have to think too hard, I'm just asking for something, having a lot of money to buy the bitcoin I wan t, it's very difficult for me to buy, I couldn't buy bitcoin, but people who Have a lot of money should think about us in the Future , Don't hesitate and buy bitcoin.

Those who say that the price of Bitcoin is going to fall over the years simply do not know much about the markets, they do not Know about Stocks and they do not Even have a vision of good things, that is why we have to consider things as they are, sometimes Human beings only learn with their blows, it would be a very Strong blow if bitcoin is sold now and not wait 1 or 2 years when bitcoin rises to more than $100k.

Not at all. Many here on the forum say that the price of bitcoin will probably only grow and grow over time. And they say this with such confidence that it begins to seem to me that they know something, but are hiding it. It's like they can see the future. :)

I believe that it is not so much a matter of decentralization, but a belief in the future growth of bitcoin, which precisely fuels the capitalization of btc with new investments.

Yes, this is exactly the case, that the past bitcoin's history gives us hope for further growth.

In a sense, a large user base is already a guarantee of reliability. Even in the event of a collapse, there will likely remain a considerable community that will not allow bitcoin to perish completely.

It is better to refrain from giving guarantees for an asset that you cannot influence in any way. Your encouraging words to your friends now are the basis for their future reproaches for bad investment advice. Unnecessary responsibility, which in a positive scenario does not give you any profit, but in a negative scenario, you become a scapegoat.

Almost everyone wants to shift extra work and responsibility onto others.

The bitcoin Whitepaper should be rewritten.
Take out the P2P as it is not practical and rather slow on its own.
Make it a store of value. That it is at least.

I won't advice you to convince anyone into investing in bitcoin because clearly bitcoin remains a very volatile asset for now and could drop anytime soon in price and anyone who is not ready to face the reality of things would go finding someone to blame and you don't want to end up spoiling your relationship with a friend.

So ill advice you tell him to do his own research and learn about bitcoin on his own that's the only way he can actually grow, it's not all about investing but also security too and this is something that he needs to learn before even thinking about buying bitcoin.

compared to ethereum, tron, and other altcoins, bitcoin is much more reliable and trusted by investors. even though many people speculate that bitcoin is unstable and not suitable for long-term investment, that is only speculation, it does not represent the true potential of bitcoin. just look at how in the past few months bitcoin has moved significantly, that should convince people that bitcoin can be trusted and will remain reliable.

Discourses like that are still not discussed by many people at the moment because without removing P2P itself in Bitcoin the conditions are still quite good even though you yourself say it is impractical and a bit slow. Because in my opinion P2P is not that slow and is still practical enough to continue to be used by many people in Bitcoin, especially so far the improvement in the value of Bitcoin has continued quite well and also quite significantly without any serious problems

Everyone will say the same thing, that Bitcoin is the barometer for all crypto, right down to the current price, everything has been following it, so it has become the benchmark for crypto as a whole. Because no one controls and moves by themselves, bitcoin will feel safe and perhaps has the smallest risk compared to others. Maybe you equate the influence of Bitcoin with the US$ currency, which is the benchmark for everything in real life. Of course, it could be the same.

Without being towed, Bitcoin is the head is just like how Father is the head of the house, without Bitcoin, the rest of the coin has no strength Bitcoin always carries all the coin along when it is pumping Bitcoin is the coin you should trust believe how fit is not going. You need to doubt yourself you have heard about BTC for a long time and you’ve been on this phone and someone is still asking you if Bitcoin can be trusted and you are confused you should already know what to reply to the person, of course Bitcoin is to be trusted, if you know how Bitcoin started, and the kind of personalities humans that is making use of bitcoin, you wouldn’t ask if bitcoin is be trusted

I believe op has gotten a clearer meaning about bitcoin and from the time op posted this I'm sure op has seen the trust bitcoin has gained all over the world, although we still have a lot of people who still has not accepted the technology but in my opinion it's fine cause you can't force anyone to love bitcoin and start investing quickly, bitcoin adoption needs time and the knowledge. Concerning bitcoin crash I have never experience such but some people here has experienced the crash I believed during that time alot of investors panicked but now if such comes back there's no need to panic cause we definitely know bitcoin will gain back in return.

When anyone see the chart of BTC price last 2011 to 2024, no need more talk with him/her if can be realize the chart. The investment of Bitcoin and profit no more difference, difference is time.