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Bitcoin => Bitcoin Discussion => Topic started by: Victorybit1 on February 26, 2023, 09:11:36 PM



Title: Why I've been scared to invest in bitcoin
Post by: Victorybit1 on February 26, 2023, 09:11:36 PM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?



Title: Re: Why I've been scared to invest in bitcoin
Post by: Upgrade00 on February 26, 2023, 09:17:33 PM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky.
You cannot address the issue of volatility in a decentralized market.
If anyone is scared of investing, the solution is to not invest and find an alternative option which is regulated and "safer".

Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared.
That's a bad idea. Bitcoin being decentralized is what makes it attractive to investors who seek financial freedom. It is not centralized and holders have full custody of their assets without the intervention of a third party.

A pro tip (although, I'm not an expert), do not feel comfortable simply because an asset or investment is regulated.
Legal tenders around the world are regulated, but we still see bullshit fiscal policies being implemented and fiat going deeper into inflation.

There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.
Wallets are not a function of the Bitcoin infrastructure and there are many user friendly wallets like Electrum and Bitcoin core. Also hardware wallet like Trezor.
The Bitcoin market is the most transparent market as all transactions are public information.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?
Every speculative asset would have some sort of volatility. I do not expect Bitcoin would ever become completely stable at a particular price, but I do expect reduced volatility as the market gains more adoption.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Victorybit1 on February 26, 2023, 09:29:41 PM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky.
You cannot address the issue of volatility in a decentralized market.
If anyone is scared of investing, the solution is to not invest and find an alternative option which is regulated and "safer".

Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared.
That's a bad idea. Bitcoin being decentralized is what makes it attractive to investors who seek financial freedom. It is not centralized and holders have full custody of their assets without the intervention of a third party.

A pro tip (although, I'm not an expert), do not feel comfortable simply because an asset or investment is regulated.
Legal tenders around the world are regulated, but we still see bullshit fiscal policies being implemented and fiat going deeper into inflation.

There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.
Wallets are not a function of the Bitcoin infrastructure and there are many user friendly wallets like Electrum and Bitcoin core. Also hardware wallet like Trezor.
The Bitcoin market is the most transparent market as all transactions are public information.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?
Every speculative asset would have some sort of volatility. I do not expect Bitcoin would ever become completely stable at a particular price, but I do expect reduced volatility as the market gains more adoption.
thanks for the clarity. Like I said, I'm a newbie and I'm open to learning. These are facts I needed clarity on. Thanks for making understand this.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Yatsan on February 26, 2023, 10:11:55 PM
No one is forced to invest especially in this industry wherein risks are higher than with other field of investments due to market price volatility of cryptocurrencies. But I would say it is better that you are aware of your own reasons than to just engage in this technology because of the potential profit to be earned. Also, awareness of the risk is better. Many people had regrets especially those who did not invest time go study what they are doing here, on ever decline with the market price.So if you do not feel to invest yet, feel free to do so. Wait for that drive that would convince you if ever. Then study how this industry works before your actual engagement.


Title: Re: Why I've been scared to invest in bitcoin
Post by: mendace on February 26, 2023, 10:24:24 PM
Absolutely not, Bitcoin is not immune to volatility in fact you can look at the graph and you will notice sharp ups and downs.  You must understand that Bitcoin is not an investment to get rich but to become free.

For the wallet, I suggest you start with something very simple but solid at the same time, take a look at electrum.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Cryptomultiplier on February 26, 2023, 10:28:18 PM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?


If you don't dabble into owning a few Bitcoin, making transfers or completing trades using Bitcoin, it would be hard to speculate as you have done.
I know you are curious and just need affirmation or more like a go ahead, before you invest in Bitcoin. While that is good, you should remember that volatility in the market is what makes one loose or gain during trades. Bitcoin has proven to be more stable when comparing its volatility degree to other coins out there, hence why more persons rely on it.


Title: Re: Why I've been scared to invest in bitcoin
Post by: serjent05 on February 26, 2023, 11:01:16 PM
My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?

Bitcoin is not a stable coin and is subject to supply and demand.  That alone can answer your question about the volatility of Bitcoin.  As long as it is decentralized and dependent on supply and demand, Bitcoin will never be completely immune to volatility even if it takes another century or all Bitcoin is mined.  Even though when the time comes that the supply is fixed (when all BTC is mined) the demand will never be stagnant and that alone can trigger volatility of a market.


Title: Re: Why I've been scared to invest in bitcoin
Post by: drwhobox on February 26, 2023, 11:10:17 PM
I feel there should be an increased regulatory body which will help people like me not to be scared.
What kind of regulatory body you want from a decentralized currency, and I think your knowledge about bitcoin is too little. Try to learn more, visit this forum and read the threads and watch videos on youtube about bitcoin. Watch educational/informational video about bitcoin, not for investment purpose.
Quote
some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.
If you are a newbie stop suggesting and keep on learning, that is the only way of making things easier for you. With a little bit of understanding you can learn the basics of bitcoin wallets and how they works.

Focus on learning.


Title: Re: Why I've been scared to invest in bitcoin
Post by: boyptc on February 26, 2023, 11:13:58 PM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.
You already said the keyword and you know it, volatility. There's no way a government body that will regulate it when it's decentralized and its value cannot be controlled by any authority.

What the regulator bodies can do is to monitor those companies that manages and allows the trades and transactions of it like what we're seeing with exchanges.

Those people that are scared of bitcoin's volatility are likely scared of any investment that bears risk. All investments are bearing risk even to the tiniest that it can.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?
I've read someone said it that it's possible but it's unknown whether we still live by that time. But then for now, we should be the one to be immune with its volatility.


Title: Re: Why I've been scared to invest in bitcoin
Post by: sheenshane on February 26, 2023, 11:23:09 PM
some of these wallet aren't even user friendly
Make it simple with Electrum wallet, it's a pretty simple user interface and easy to understand for the new user.
Just make sure you've downloaded it from the official website.

Quote
and also, there should a transparency in the market.
In the centralized market exchange, you won't see transparency but the transaction of Bitcoin itself which is publicly seen through a blockchain network.

Quote
My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?
There are several factors that contribute to the volatility of Bitcoin, including regulatory changes, geopolitical events, adoption rates, and technological advancements.  So I think it's unlikely that Bitcoin will become completely immune to volatility in the years to come.


Title: Re: Why I've been scared to invest in bitcoin
Post by: hatshepsut93 on February 26, 2023, 11:28:54 PM
I feel there should be an increased regulatory body which will help people like me not to be scared.

From what they are supposed to safeguard you? They can't do anything about volatility. They can't stop exchange hacks.

Regulations can make some improvements, but they can't make the market fundamentally safe.

There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

If some of the wallets are bad, people will use the good ones. Bad products exist in every market.


Title: Re: Why I've been scared to invest in bitcoin
Post by: GreatArkansas on February 26, 2023, 11:43:27 PM
(....)
My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?
No one knows what will happen to Bitcoin in the future, so I my answer here is NO.
Volatility in Bitcoin for me since beginning is already existing and I belive it will continue in the coming years especially if the market cap or volume that exist on Bitcoin will be no changes at all.


Title: Re: Why I've been scared to invest in bitcoin
Post by: DeathAngel on February 26, 2023, 11:49:45 PM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?



Volatility is a good thing because it brings you opportunity to make great profits. If you play it right you can buy low & sell high. It seems simple to say but it really is but only if you have balls of steel & a high time preference.

You are going to need to be patient to guarantee a great ROI but if you can buy & wait 10 years or so, seeing bitcoin as a long term investment then you will do very well. Bitcoin is one of the best performing investments in recent history, grab yourself a piece of the pie.





Title: Re: Why I've been scared to invest in bitcoin
Post by: KennyR on February 26, 2023, 11:59:45 PM
You fear and it means you aren't prepared for Bitcoin investment. I'm not sure of the volatility in the future, based on what I've enjoyed volatility is the best feature of cryptocurrency. More number of users love the feature and for that reason they're into cryptocurrency. Maybe if the volatility decreases, they might move to the traditional investments. Volatility makes the investment risky, but it is the one that brings good profiting through the difference. In specific traders love it.


Title: Re: Why I've been scared to invest in bitcoin
Post by: franky1 on February 27, 2023, 12:11:26 AM
My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?

without delving too deep into economics

if the cheapest mining(method of acquiring) on the planet was $15k
(wholesale/bulk price of hardware, plus cheap electric)
and if the most inefficient mining (retail price hardware and most expensive electric) was say $110k to mine bitcoin

then no one will want to sell below the minimum and no one would want to mine at the maximum
and so inbetween these maxis is where the market moves

yep right now in hawaii, japan it costs $110k to mine in someones home. as a hobby miner. so they are extremely happy to buy bitcoin at prices below this top. very very happy right now at $24k current price

there are some miners mining at the bottom thus happy to sell for $24k

but here is the thing

back in 2010-11 the scale of the maxis was 100x ($0.30-$30)
in 2016-17 the scale of the maxis was ~45x ($450-$20k)
in 2020-21 the scale of the maxis was ~18x ($4k $75k)
where by the market moves SOMEWHERE between these
thus can be even less volatile then the maxis

anyways, due to many economic factors the multiplier will become less over time
and the market speculation within those limits will get less volatile too


now putting aside the maxis of possible extremes of both top and bottom

the markets. can themselves add code to market price ordering. where by "circuit breaks" stop processing orders if prices go above x% in any short time period..
many regulators will probably want to see coin markets adopt these "circuit break" features that wall street use to control price movement extremes


Title: Re: Why I've been scared to invest in bitcoin
Post by: Kryptowerk on February 27, 2023, 12:28:30 AM
My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?

without delving too deep into economics

if the cheapest mining(method of acquiring) on the planet was $15k
(wholesale/bulk price of hardware, plus cheap electric)
and if the most inefficient mining (retail price hardware and most expensive electric) was say $110k to mine bitcoin

then no one will want to sell below the minimum and no one would want to mine at the maximum
and so inbetween these maxis is where the market moves

yep right now in hawaii, japan it costs $110k to mine in someones home. as a hobby miner. so they are extremely happy to buy bitcoin at prices below this top. very very happy right now at $24k current price

there are some miners mining at the bottom thus happy to sell for $24k

but here is the thing

back in 2010-11 the scale of the maxis was 100x ($0.30-$30)
in 2016-17 the scale of the maxis was ~45x ($450-$20k)
in 2020-21 the scale of the maxis was ~18x ($4k $75k)
where by the market moves SOMEWHERE between these
thus can be even less volatile then the maxis
[...]


These are some very interesting metrics. Where did you get these numbers?
I wonder if it's even possible to come up with exact numbers, since, as soon as new ASIC hardware hits, the older ones get devalued either comepletely (not profitable anymore with the increase of difficulty and energy expenses) or to some extent.
You never know exactly when and which new hardware will come out, so calculating the exact costs to mine 1.0 BTC seems impossible to me. You can estimate and ofc calculate for past periods of mining.

Anyway, please share your source.

@OP: I think you questions were already answered well, have fun on your Bitcoin journey.
Try Andreas Antonopoulos (on youtube) if you want to dive deeper.


Title: Re: Why I've been scared to invest in bitcoin
Post by: franky1 on February 27, 2023, 12:43:37 AM
These are some very interesting metrics. Where did you get these numbers?
I wonder if it's even possible to come up with exact numbers, since, as soon as new ASIC hardware hits, the older ones get devalued either comepletely (not profitable anymore with the increase of difficulty and energy expenses) or to some extent.
You never know exactly when and which new hardware will come out, so calculating the exact costs to mine 1.0 BTC seems impossible to me. You can estimate and ofc calculate for past periods of mining.

yes new asics come out.. but not every week.
the average lifetime of asics is ~2 years
and also it takes time for the big efficient industrial grade mining farms to upgrade all of their asics
EG a farm of 100,000 asics buys them in batches over multiple months once the lifecycles are up (its a slow transitionary period from advertised price on asic sales page. to actually being the most efficient asic operating/actively running in majority on the network), which means the cost-base is a slow adjustment

also they dont buy electric by the day either they buy electric contracts of MW/GW yields on contracts that last 6 months-2 years
and so the progressions of change of the metrics move at a slower pace than the market price that moves within the metrics

EG the top metric moved from 75k in 2021 90k in 2022 and is settling in to be $110k for q1 of 2023 and by more by year end

in short in 2021 there was literally no chance of a $100k bitcoin no matter how much people dreamed it
however a $100k bitcoin is POSSIBLE but we cannot guarantee it. but we know it is a possibility for 2023.. but dont expect a (random number)$300k btc this year(sorry)

anyway back to your question
the movements of electric, asic price variety, hashrate of said asic and mining rate of entire network. is not something that is calculated as a daily number. its a spread of 6month-2 years average which progressively scales
because the extremes are locked into upto 2 year electric contracts and lifecycles of hardware
thus they do accounting at that stretch based on total coins earned in that period



Title: Re: Why I've been scared to invest in bitcoin
Post by: BenCodie on February 27, 2023, 05:32:57 AM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?



When Bitcoin is completely immune to volatility, then there will be less of a point in using it for investment purposes rather than for its designed purpose, peer to peer electronic cash. You should embrace the volatility and beat it with strong will-power to hold your coins through it. Time has proven that this strategy rewards those who successfully undertake it.

Put your coins in a cold wallet, forget about them, check in 4 years or more. This unbeaten strategy might not be as effective in the near future, so enjoy it while it lasts.


Title: Re: Why I've been scared to invest in bitcoin
Post by: noorman0 on February 27, 2023, 06:24:45 AM
-snip-
I feel there should be an increased regulatory body which will help people like me not to be scared.
A warning about the risk of volatility will always be on the first page of the site if an investment service is under regulation.

-snip-
My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?
The supply of bitcoins is limited, so it's impossible to make them immune from volatility. Or for some big reason, everyone stops trading bitcoins with any fiat. For example, because of global adoption, people can directly exchange bitcoins for goods or services without worrying about legal issues.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Cantsay on February 27, 2023, 06:33:01 AM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?

Regulatory body as how? If they should be a regulatory body then that's going to defeat the whole idea behind Bitcoin, Bitcoin was created to be decentralized and not to be under the control of any agency ( both government and private body).
And for the volatility part, the answer is no. And if you still continue to wait you'll only end up not doing anything at all. The volatility of Bitcoin is what makes it more interesting. If you're truly scared then why not try to be a long term HODLer? If you have some spare cash you can just purchase some coin and keep till the price becomes good enough for you.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Z-tight on February 27, 2023, 06:37:17 AM
Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared.
An increased regulatory body would not stop scammers from doing what they can to steal your BTC, neither would it stop a centralized exchange from collapsing and you losing your money if you have it there, nor would it save you from losing your BTC if you post your private keys or seed phrase to the public, etc, all of these desire for more regulations would not help people if they don't have the basic and important knowledge to use and store BTC. If you feel scared to use BTC, what you need is to read more about BTC and not regulation.
some of these wallet aren't even user friendly
Use electrum (https://electrum.org/#home)
My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?
I don't feel it is possible, volatility would drop, but it may never be completely immune to it.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Uruhara on February 27, 2023, 06:41:27 AM
That's why we should only invest with money that we are prepared to lose. because we all know that Bitcoin and all crypto coins do have a high risk. However, it also offers high potential.

It's natural to be afraid to invest in something new to us. so try to learn more before deciding to invest. But for me, investing in bitcoin is not too scary because I only use money that is prepared for high-risk investments (cold money).

and I think the volatility of the bitcoin price will continue because bitcoin trading will also continue and even continue for 24 hours every day. which means it will never stop for no volatility or high fluctuations.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Tony116 on February 27, 2023, 07:17:20 AM

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?



Advice: if you feel scared and can't trust bitcoin, don't invest in bitcoin, no one is forcing you to do it, you can consider alternative investment options like stocks or gold. Personally, I really like the volatility of bitcoin and what is happening in the market, even I would like bitcoin to be more volatile, the more volatile the better the chances of making a profit.
Please learn more about bitcoin before deciding to invest in bitcoin, you should not invest with fear, it will not be good for your investment.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Outhue on February 27, 2023, 07:38:30 AM
OP you need to look at the advantages of Bitcoin, not just the disadvantage side, do you know that because of volatility that's why many more people are able to adopt Bitcoin? Many people believe that the volatility of Bitcoin is what makes it worse, but actually, it's what makes Bitcoin an acquirable asset, the sense of someone buying 0.5BTC for 30,000$ and me buying my 0.5BTC for 10,000$ makes a lot of sense to me.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Plaguedeath on February 27, 2023, 07:42:27 AM
If you scared with volatility, it's better for you to invest in stock or gold because they're more regulated and less volatile. If you still scared, investing isn't for you and you can stick with fiat where the value always decrease for every year ::)

Bitcoin is 100% transparent, any address, transaction, balance, etc are recorded on public blockchain where anyone can check it through Bitcoin explorer. It's better for you to understand about Bitcoin rather than having a wrong mindset to Bitcoin. Don't quickly jump to invest in Bitcoin, when the price is decrease you will say Bitcoin is scam.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Nwada001 on February 27, 2023, 07:53:33 AM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?


To invest is a choice, just as being rich is a choice that is achieved through hard work. 
If you are scared of investing in Bitcoin because of the lack of regulation on it, then you might forever remain scared and not invest at all in Bitcoin. Their is no much good that will come out of Bitcoin being regulated by any government body. The regulation the government is fighting for is for them to have control over the currency and tax all its citizens trading it, and at the same time be able to sanction it when ever they feel like it's a trait to their global stock market, which they have always been worried about. If you are willing to invest in Bitcoin, you will not allow yourself to be convinced or deceived by people around you who are all afraid of Bitcoin investment. 


Title: Re: Why I've been scared to invest in bitcoin
Post by: QueenVera on February 27, 2023, 09:58:21 AM
My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?

If that happens then what will be the fun in investing in Bitcoin? In the future the market will be less volatile but it won't be completely immune to price volatility because it's a currency that's been traded. A seller will always has his intended price of selling and so will a buying so at no point will the price remain constant.
Also we have different platform offering trading service for Bitcoin so they price will always be different in those platforms due to the reason explained above. Do not be bother much about the volatility of the market and just invest knowing that in the future your investment will be profitable.
Even though the price of Bitcoin dumps, don't get scared just keep holding and in future the price will be favorable for you to take profits, just as it has been for years before now. Bitcoin always recover and that's the way the market is.


Title: Re: Why I've been scared to invest in bitcoin
Post by: crunck on February 27, 2023, 10:55:29 AM
Volatility is the main reason people invest in bitcoin, if bitcoin ceases to be volatile, a lot of people will leave bitcoin. If you cannot bear the risk and volatility of bitcoin, you should not invest in bitcoin. No one is forcing you to invest in it, you need bticoin, but bitcoin doesn't need you, so it won't need to change just for you.


Title: Re: Why I've been scared to invest in bitcoin
Post by: maydna on February 27, 2023, 12:04:27 PM
Bitcoin does not need a regulatory body because a person's decision to invest in bitcoin is based on what he finds in his research. If he finds that bitcoin can help him make money and accept the risk, he can invest in bitcoin. But if not, he doesn't need to invest in bitcoin. For this reason, it is necessary to find more information about how to invest in bitcoin so that he knows the risks and how to handle them.

What should be watched out for are irresponsible platforms that claim that they can make huge profits in a short time. This gets people interested and joins the platform even though the platform uses a Ponzi scheme which we know will end up as a scam. In this case, bitcoin has nothing to do with that platform because it is that platform that uses the name bitcoin to attract people. And when the platform turns fraudulent, people will say bitcoin is the newest form of fraud.

Bitcoin will continue to face volatility in the future because that is what makes the price of bitcoin go up and down and it is also an opportunity for us to profit from trading bitcoin.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Bananington on February 27, 2023, 12:41:15 PM
However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared.
While the people from where you come from are scared, people elsewhere are busy taking the risk and investing in bitcoins, that is what differentiates the successful from the unsuccessful. Successful people are not afraid to take risks, but people who never become successful in most cases never even bother trying because of fear. You owe it to yourself to conquer fear, nobody is coming to do it for you, and the sooner you grow some balls and start investing in bitcoins, the sooner you realize that you have been your own problem all along.


Title: Re: Why I've been scared to invest in bitcoin
Post by: LogitechMouse on February 27, 2023, 01:48:05 PM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky.
Many are afraid, but that's part of investing.
Either you will take the risk or not take the risk at all. Those who are taking the risk are the ones who are coming out successful and those who aren't will regret it. Just look at those successful businessmen right now. Do you think they didn't took the risk when they're starting to build their own business? With investment, volatility is a double-edged sword, and it will depend on you on how you will handle it. Volatility can give you profits, but at the same time, give you losses as well.

Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared.
Nope it will not happen.
This is the reason why many wants to buy Bitcoin. It's decentralization feature is the reason why they like it. Many wants a regulatory body to it, but it isn't necessary, it isn't helpful at all.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?
No it will not.

Look at Stock Market, Bonds, and even Fiat currencies are volatile. Bitcoin's volatility will remain and will stay like that. After all, may consider Bitcoin as an asset, and one nature of an asset is volatile.


Title: Re: Why I've been scared to invest in bitcoin
Post by: heslylamba on February 27, 2023, 07:09:01 PM
Bitcoin is decentralized. That's what makes it so special to some and so frightening to others.

I think the best advice for those who are afraid to invest their money in Bitcoin is simply not to invest. Our world is full of other investment options.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Rengga Jati on February 27, 2023, 09:44:13 PM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin,
Volatility in Bitcoin is actually normal and will not make you scared if you are able to manage your investment. If you are new and still worried of the volatility, I thin that it is probably much better for long term investment, not for short term. Once investing in Bitcoin, take it and save it, then, see it when several years later on the bullish era. You will see something very good. Because we know that Bitcoin volatility cannot be avoided, it must be faced and passed, so better to use other ways to cover it.

There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market.
What kind of transparency in the market do you prefer? SO far, the market is what you can see.
Btw, Bitcoin wallet is user-friendly, you may need to learn more about it so that you don't think that it is not user-friendly.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Kelvinid on February 27, 2023, 09:54:55 PM
Well, the point is that you are afraid not because of the volatile nature of Bitcoin but it was because you don't have the courage to lose your money. Even though there is a regulating body this won't control everything in the market movements, the price will still fall or pump depending on the situation which means that you still have the chance to lose if you are too careless in making a decision.

What is in your mind is full of negativity and it was hard to get out of that condition. You can only see the positive view of Bitcoin once you empty your mind and stop listening to hearsay and FUDs as it won't boost your courage and trust.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Oasisman on February 27, 2023, 10:49:44 PM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?



Hey man, you should keep in mind that Bitcoin's volatility is the main reason why a lot of people invest in Bitcoin, hoping that they'll have a good fortune in a long term perspective. Everything you've just said is a contrary to what most people are looking here, regarding the future of Bitcoin. Why do you ask for a stricter regulations when Bitcoin was designed to be decentralized? You won't ever felt afraid of losing your Bitcoin when you know how to store it properly. And, yes you need to learn what type of wallets is safe and what's not.

Finally, Bitcoin will not gonna stop being so volatile in your lifetime. That's something that you don't need to worry, because the closest scenario for that is when every fraction of Bitcoin is mined, and that will happen in the next 100+ years lol.


Title: Re: Why I've been scared to invest in bitcoin
Post by: ultrloa on February 27, 2023, 11:39:33 PM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?



You are scared because this is new to you and you afraid to lose your hard earned money so best thing needed to do if you are really interested with bitcoin is to study more of it. Don't invest due to hype because you end up losing your money since as you said volatility is really unpredictable which can cost a lot if you made a mistake upon buying it.

Also there's no need for regulatory body to enter because bitcoin is very much doing its job on circulation of the market if you are afraid of scams protect yourself by gearing up proper education since you are the one who can help yourself here so good luck and hope you continue learning more about bitcoin.


Title: Re: Why I've been scared to invest in bitcoin
Post by: uneng on February 28, 2023, 02:31:45 AM
If you scared with volatility, it's better for you to invest in stock or gold because they're more regulated and less volatile. If you still scared, investing isn't for you and you can stick with fiat where the value always decrease for every year ::)

Bitcoin is 100% transparent, any address, transaction, balance, etc are recorded on public blockchain where anyone can check it through Bitcoin explorer. It's better for you to understand about Bitcoin rather than having a wrong mindset to Bitcoin. Don't quickly jump to invest in Bitcoin, when the price is decrease you will say Bitcoin is scam.
True. If OP is scared about bitcoin and don't really like it on its essence, it's better that he just avoid investing in bitcoin, going for something regulated and endorsed by the regulatory bodies. Maybe fixed income and saving accounts' investments fit OP's preferences better, although in no way he going to have access to the same potential profit he could make with bitcoin.

But that is understandable. Bitcoin's environment is very volatile and dangerous for investors who can't afford risks.


Title: Re: Why I've been scared to invest in bitcoin
Post by: YUriy1991 on February 28, 2023, 02:50:30 AM
Yes, There are many things we don't know. Right now the general sentiment is that it's going to be very volatile, but what if it becomes less volatile? I was just hoping to raise someone's interest in the subject and think about how much we don't know about this technology. It could come back down tomorrow or it could keep going up for years. Maybe everyone here also shares the same hope that people will be more informed when they decide either way.


Title: Re: Why I've been scared to invest in bitcoin
Post by: CageMabok on February 28, 2023, 04:03:48 AM
Bitcoin is decentralized. That's what makes it so special to some and so frightening to others.

I think the best advice for those who are afraid to invest their money in Bitcoin is simply not to invest. Our world is full of other investment options.
Even though this world is full of other investment options, trying to invest in Bitcoin after understanding the risks is something that everyone deserves to do. Because while there are some people who have said Bitcoin is a good asset to invest in, it is only natural that there are more people who want to try it by investing some money in Bitcoin.

But that doesn't mean that other investment choices aren't suitable for everyone at this time, because as long as other investments can be very profitable in the future with a level of risk that isn't too high. I also think it's not wrong to run several investments in different spaces in the same year with better financial management of course.



Title: Re: Why I've been scared to invest in bitcoin
Post by: wxa7115 on February 28, 2023, 04:14:19 AM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?


This is not possible, even fiat currencies which are heavily regulated can suffer from high volatility and high inflation as well, so it is to be expected that the volatility in the bitcoin market is even higher.

And you must understand that we cannot cater to everyone, right now people complain about the high volatility of bitcoin, but I can assure you that if by some miracle bitcoin became perfectly stable those very same people will now complain about it and will ask for a higher level of volatility, and for this reason I do not think anything should be done to change the nature of bitcoin and the high volatility it can go through.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Strongkored on February 28, 2023, 04:17:19 AM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?


Please learn the history of Bitcoin price movements to be able to reduce your fear and also the risk of investment is a reasonable thing without risk you will not be able to profitable, therefore you have to learn how to invest that suits you and also only invest with the money you can afford to lose and no one forces you to invest in Bitcoin so you have to do it by knowing everything correctly


Title: Re: Why I've been scared to invest in bitcoin
Post by: Nrcewker on February 28, 2023, 04:26:02 AM
Bitcoins aren’t stable coins. If you want a coin that is regulated by a government and always have a fixed value, then go for USDT. If you still think that the wallets are not user friendly, then it’s sorry to say that your brain hasn’t aged well. So many tutorials are available on the varieties of wallets and moreover these wallets are also trusted. Regarding the investment thing, yes all the investments have risks, but you need to calculate it and invest wisely. Invest what you can afford to lose and choose when to cash in and cash out.


Title: Re: Why I've been scared to invest in bitcoin
Post by: bakasabo on February 28, 2023, 08:05:56 AM
I think OP does not clearly understand what investing is. Investment does not mean that after a period of time you get more than you had. Investment does not always mean positive outcome. There is no safe strategy when your money with time increases while you do nothing. Even bank savings, term deposits are risky, because banks can go bankrupt. In general investment as a such is not what scares OP, he is worried more about being impatient. He wants today, to see the results of the future.


Title: Re: Why I've been scared to invest in bitcoin
Post by: bitgolden on February 28, 2023, 09:23:23 AM
Even though this world is full of other investment options, trying to invest in Bitcoin after understanding the risks is something that everyone deserves to do. Because while there are some people who have said Bitcoin is a good asset to invest in, it is only natural that there are more people who want to try it by investing some money in Bitcoin.

But that doesn't mean that other investment choices aren't suitable for everyone at this time, because as long as other investments can be very profitable in the future with a level of risk that isn't too high. I also think it's not wrong to run several investments in different spaces in the same year with better financial management of course.
It's just that the difference between how much you could make from bitcoin and the profits you could make from any other investment doesn't even come close to each other.

It's obvious that people are still not aware of how much money they could make with bitcoin, because it is at least as trustworthy as some blue chip big stocks, but it is also possible to make x5 with it in a year or two as well which those stocks can't provide you with, plus you could buy stuff with it that you can't do with stocks, you can't go to a movie and pay with your tesla stock, but if they take bitcoin then you could pay with that. All these combined makes it the best investment ever.


Title: Re: Why I've been scared to invest in bitcoin
Post by: KingsDen on February 28, 2023, 11:42:38 AM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?



Why I have been scared to invest in anywhere

A friend of mine decided to invest in real estate because he was so sure that the business will not result to losses of capital
He told me that real estate does not depreciate and there is not much risk in it. And that is correct to the best of my knowledge about real estate.

After he assembled his money, a group of real estate agents went to a Virgin land that lead to nowhere and cleared the bush with sophisticated machines with the promise that government is coming to develop that area.
And led people to buy lands in that area at very expensive prices after purchasing the land the sophisticated machines were moved out and till date that place leads to nowhere and does not appreciate.

No place 100% safe.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Luzin on February 28, 2023, 11:46:37 AM
I think OP does not clearly understand what investing is. Investment does not mean that after a period of time you get more than you had. Investment does not always mean positive outcome. There is no safe strategy when your money with time increases while you do nothing. Even bank savings, term deposits are risky, because banks can go bankrupt. In general investment as a such is not what scares OP, he is worried more about being impatient. He wants today, to see the results of the future.

Actually if the OP is afraid of investment then never do that. Indeed, Bitcoin and other crypto assets have very volatile movements. But from that instability results in a lot of gains and losses. But not a crypto, even stocks are like that. No one knows how the future will happen, but we can try by doing our best to avoid what we fear will happen. It is true that you say all investments are risky, even assets in the form of land or gold or other property have different risks. But sometimes people who dare to take risks will have a better fate than just silently hoping for a salary from work.


Title: Re: Why I've been scared to invest in bitcoin
Post by: xSkylarx on February 28, 2023, 12:03:05 PM
Volatility is one of the characteristics of Bitcoin that people loved. The possibility that the price will stabilize is very low in the future. Most people prefer volatility because it allows them to profit quickly and easily. Now, regarding the fact that you are scared of investing in it, as is natural for a newbie, as time goes by and you learn more about bitcoin, you'll overcome it, but keep in mind that when it comes to investment, it has a lot of risk, and if you don't take the risk, you won't get any profit. Imagine that by taking a risk, there is a chance that you could get rich, rather than not taking a risk and just staying in your comfort zone.


Title: Re: Why I've been scared to invest in bitcoin
Post by: hyudien on February 28, 2023, 12:52:28 PM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?


I'm not going to make you too sure or doubt about Bitcoin. Invest or not it's up to you. As for the question, it seems that Bitcoin must follow individual wishes, so it is better for you to accumulate fiat in an account and when inflation and crises all return to zero.

If you don't believe me or don't get it, I don't have time to try to convince you, sorry


Title: Re: Why I've been scared to invest in bitcoin
Post by: juhobtc on February 28, 2023, 01:04:27 PM
My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?
look at the entire history of bitcoin since the early days and the answer will be obvious to you. Bitcoin has always been a very volatile asset, don't expect anything to change any time soon. Volatility is what attracts many to the crypto market, volatility is still a good opportunity to make money.


Title: Re: Why I've been scared to invest in bitcoin
Post by: ethereumhunter on February 28, 2023, 01:11:32 PM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?
Volatility in bitcoin will always be like this and cannot be predicted by everyone because that is the characteristic of bitcoin itself. As long as we know how to deal with and adapt to that volatility, I don't think we need to be afraid and worried because we can certainly adjust ourselves in the face of that volatility.

My advice is that you read more about investing in bitcoin so you can see that investing in bitcoin is less of a worry. Only people who know how to invest in bitcoins can benefit and get rid of that fear. So you should start learning more to understand more about investing in bitcoin.


Title: Re: Why I've been scared to invest in bitcoin
Post by: TheUltraElite on February 28, 2023, 03:32:13 PM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky.
People have worked hard to earn their money, it is natural for them to feel scared of the risk involved. There are measures to minimize the risk if you are willing to, like patiently waiting for the low price to be reached as per charts and then buying instead of going in at any price you see. Then observing what your local laws are regarding crypto. Learning how crypto related scams work so you know devise ways to avoid them.

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Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared.
This will take time to happen, it has been in talks internationally. It is a wild west but people are working to make money form it.

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There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.
The infrastructure is good enough for daily necessities, I dont see others complain about the same. Try the different wallets available on desktop and android and see which one fits you. I personally found Electrum to be useful on desktop.

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My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?
Is gold not volatile after so many years? Similarly no asset that has a speculative market is ever going to be volatile. Same with property, stocks and so on. Lack of volatility kills the rush for the investors. :D


Title: Re: Why I've been scared to invest in bitcoin
Post by: borovichok on February 28, 2023, 06:49:24 PM
Volatility is one of the characteristics of Bitcoin that people loved. The possibility that the price will stabilize is very low in the future. Most people prefer volatility because it allows them to profit quickly and easily. Now, regarding the fact that you are scared of investing in it, as is natural for a newbie, as time goes by and you learn more about bitcoin, you'll overcome it, but keep in mind that when it comes to investment, it has a lot of risk, and if you don't take the risk, you won't get any profit. Imagine that by taking a risk, there is a chance that you could get rich, rather than not taking a risk and just staying in your comfort zone.
Every trader has a preferred market season; some definitely recommend the bull market, while others prefer the bear market. The truth about the market is that both gains and losses are incurred there. The fundamental factor that separates the wealthy from the poor is risk. For instance, beginners lack the skills essential to engage in the volatile market because they don't want to lose money; instead, it is imperative to risk all of one's cryptocurrency in order to earn significantly from the market. Another factor that has prevented most traders from succeeding is fear. Even seasoned traders fear the market's volatility, which causes most of them to miss out on profitable market opportunities, particularly during the bear season.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Franctoshi on February 28, 2023, 07:20:57 PM
Volatility is the fun in trading or investing in Bitcoin, hence it won't become this attractive to investors. Bitcoin being such volatile isn't a problem, if you can study Bitcoin's behavior you will be able to understand how to go about investing in Bitcoin and wouldn't be afraid anymore because of its Volatility. What you need is Bitcoin education , get more information about Bitcoin and stomach the volatility you will no longer get bothered.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Uruhara on February 28, 2023, 07:46:21 PM
Volatility is the main reason people invest in bitcoin, if bitcoin ceases to be volatile, a lot of people will leave bitcoin. If you cannot bear the risk and volatility of bitcoin, you should not invest in bitcoin. No one is forcing you to invest in it, you need bticoin, but bitcoin doesn't need you, so it won't need to change just for you.
so true. it is precisely this price volatility that also makes many people interested in entering and investing in bitcoin. because there is no point in investing in something that is stable or there is no increase and decrease in price flows. because we do enter when the price is declining (bearish market) and we are waiting for the market trend to become more positive and increase to make a profit (bullish market).

So that volatility is certainly a common thing that always exists in every investment area. something stable is only suitable for use as a place to save or to hedge our assets. but the reality is hard to find something stable. even gold continues to fluctuate over time.


Title: Re: Why I've been scared to invest in bitcoin
Post by: livingfree on February 28, 2023, 07:47:24 PM
On the earliest time of bitcoin, there have been people that were already aware of its existence but due to its infancy, many have feared that their money will be gone upon investing on it since it's still like a testing phase and not yet know.

Those who feared what will happen never invest but those who were willing to take extra mile of their investing journey and just took the risk even if they're aware of those reasons, they pursued.

Now, those that have taken risk are enjoying and even if they sold earlier and not at the peak, they've seen it on a better price and sold it there so no regrets for them. And those that still have fear in their hearts and minds will have hard time moving on and accepting that fact they've missed a lot.


Title: Re: Why I've been scared to invest in bitcoin
Post by: indah rezqi on February 28, 2023, 07:49:31 PM
Bitcoins aren’t stable coins. If you want a coin that is regulated by a government and always have a fixed value, then go for USDT.
Even USDT fluctuates. Pay attention to the charts and history.

If you still think that the wallets are not user friendly, then it’s sorry to say that your brain hasn’t aged well. So many tutorials are available on the varieties of wallets and moreover these wallets are also trusted.
Some wallets may not be suitable for new user, and you shouldn't blame their complete ignorance in this case. The best wallet for new user, especially Android users, is Electrum. Of course there are many reasons why Electrum is suitable for new user and one of them is the features it has. Full control, fee settings, open source and so on.

Regarding the investment thing, yes all the investments have risks, but you need to calculate it and invest wisely. Invest what you can afford to lose and choose when to cash in and cash out.
I agree. Of course all investments are risky, even bitcoin investments are much riskier when they don't want high price volatility.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Mahanton on February 28, 2023, 07:51:42 PM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?


Immune to volatility? So you do simply means about being that stable? If yes, then we wont really be seeing the popularity and support that we are seeing now as of this moment.Why?
because the community does really prefer on having this way.Excluding out in terms of its usecase or utility which most people is really that interested about its moving price.
Why? this is where we do make money and its normal that people would be loving on earning opportunities or something that could bring them profits and this is why the interest is even more higher aside
from its utility and benefits.Being scared? if you cant bare up moving prices then bitcoin or crypto isnt really for you.


Title: Re: Why I've been scared to invest in bitcoin
Post by: dezoel on February 28, 2023, 08:08:03 PM
How did you know that people in your country are scared to invest in Bitcoin? Did you survey them all? No way, but if you believe that Bitcoin is banned in your country then you are correct with your assumptions. If not then you shouldn't be scared at all. Bitcoin is a decentralized currency so what you are wishing for, for it to be regulated may not be possible however centralized exchanges, crypto wallets, and others which are related to it are still regulated.

You can just use them and you will be safe from those fraudsters. Lastly, volatility is not a bad thing and the only way to be immune with it is to accept the fact that its status won't change anymore.


Title: Re: Why I've been scared to invest in bitcoin
Post by: tjtonmoy on February 28, 2023, 08:53:44 PM
Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared.
That is the game. If people were that smart, then everyone will be making money from this. People are only afraid of things that they can't understand. If you get used to it then it's a piece of cake. How do you think people get mastery over anything? You have to just go with the flow and learn it yourself.
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There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie, though.
Imagine going to work on the first day. You don't get used to anything in an instant. Once you try it, it may seem complicated in the first time. But after sometime, you will get used to it anyway. Those who lacks the desire to explore will never learn and will always depend on other people. And eventually will forget about it. So whatever you learn by yourself, you will remember it no matter what. Even after a long time gap, when you will see it again you will get it instantly. Widen your vision and try to learn it all by yourself. And last thing, Bitcoin is improving every day and evolving. So don't worry about it.

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My question is this, is it possible for bitcoin to be completely immune to volatility in years to come
It is possible in some way, but I doubt it will be the case in the future. People earn profits taking advantage of Bitcoin's volatile nature. But if it does, it will be interesting to see what happens.


Title: Re: Why I've been scared to invest in bitcoin
Post by: rosefan on March 01, 2023, 06:44:50 PM
I would suggest that investing in any asset, including Bitcoin, should always be done with a long-term perspective and with a thorough understanding of the risks involved. While Bitcoin's price may be volatile in the short term, many investors believe that its underlying technology and potential for growth make it a worthwhile investment in the long run. I think only invest what you can afford to lose.


Title: Re: Why I've been scared to invest in bitcoin
Post by: stadus on March 01, 2023, 07:19:25 PM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?


Please learn the history of Bitcoin price movements to be able to reduce your fear and also the risk of investment is a reasonable thing without risk you will not be able to profitable, therefore you have to learn how to invest that suits you and also only invest with the money you can afford to lose and no one forces you to invest in Bitcoin so you have to do it by knowing everything correctly

If there's no volatility and only profits, I bet all coins that is now circulating in the market is already owned and people start to flock and talk about bitcoin because the investment is only profits with almost no risks at all. But sadly, that's just a fantasy for those newbies or frustrated investors that is scared to invest in bitcoin.

I'm afraid that risk and volatility is always there because we are leaning on a decentralized market, but that's the beauty about it because it's decentralized, therefore, this market is hard to manipulate and selfish governments can't touch it.


Title: Re: Why I've been scared to invest in bitcoin
Post by: panganib999 on March 01, 2023, 08:11:22 PM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?


I think the volatility as it stands today does more good than bad for bitcoin. I mean it literally is the reason why huge percentage of profits are gained by a majority of people in a relatively short span of time, at least compared to other forms of investment. As of now, it is also the main driving force that leads people to invest in bitcoin, so I think until we find good monetary use for bitcoin besides being a store of value, we should keep it as it is and not incorporate changes that may mess it up in the future.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Bushdark on March 01, 2023, 10:30:09 PM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?
If you know that you are scared about Bitcoin investment then you  don't have to disturbe yourself on investing in Bitcoin.
Bitcoin investment is not for everybody and is for people who are ready to take the risk of the market volatility and hold till they make profits and are interested in selling there holdings. I would have adviced you not to be scared but this will affect you in a long way if you invest in Bitcoin and you are afraid of the market not crashing because you don't have much fund and you might need the money for something else. Save your money for something else rather than complaining late.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Nheer on March 01, 2023, 11:09:10 PM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?


Only those who are confident in their ability to handle the risk should invest in bitcoin. Those who think investing in it would be too dangerous should refrain from doing so because it is not a free income platform or get rich fast scheme. Speaking of volatility, I don't believe that will occur; I believe it was better that way when it was designed that way. They are afraid because they don't fully comprehend how it works, which is why I was once also terrified but only because I didn't grasp it at the time.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Baofeng on March 01, 2023, 11:44:18 PM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?

Bitcoin is being traded 24x7x365 days, which means that it doesn't have time to close or anything. And with that, it will be very volatile as there are constant buyers and sellers in every exchanges.

So volatility will be part of the ecosystem and I think this is one aspects of BTC that some are scared of because it's risky like you. But there are the majority of investors and traders and speculators who love that and will take advantage of it to make money.

Really up to you whether to invest and embrace that risk, or go for more traditional asset like stocks or gold.


Title: Re: Why I've been scared to invest in bitcoin
Post by: CryptoBuds on March 02, 2023, 03:02:57 AM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?


I think the volatility as it stands today does more good than bad for bitcoin. I mean it literally is the reason why huge percentage of profits are gained by a majority of people in a relatively short span of time, at least compared to other forms of investment. As of now, it is also the main driving force that leads people to invest in bitcoin, so I think until we find good monetary use for bitcoin besides being a store of value, we should keep it as it is and not incorporate changes that may mess it up in the future.

Yes, most people invest in bitcoin not because it is decentralized or anonymous but because of its volatility. So if the volatility of bitcoin goes away, I think many people will leave the market. Honestly, in recent years bitcoin has gotten bigger, and its volatility has decreased a lot. That is also the reason many newcomers do not want to invest in bitcoin but only look to altcoins, they accept risks to receive large profits. I really hope bitcoin will keep its volatility, I like such volatility because I can make a big profit. If bitcoin is no longer volatile, I will find another investment instead.


Title: Re: Why I've been scared to invest in bitcoin
Post by: rodskee on March 02, 2023, 03:21:17 AM


My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?


Immunity might never come talking about bitcoin because in every investment area volatility is part of the game and yes this is why Bitcoin become popular to all of us because this is what we are believing here lol.

and being scared is normal but if you cannot fight that feeling then better leave this market as you are not for this.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Uruhara on March 02, 2023, 08:49:38 PM
My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?
Immunity might never come talking about bitcoin because in every investment area volatility is part of the game and yes this is why Bitcoin become popular to all of us because this is what we are believing here lol.

and being scared is normal but if you cannot fight that feeling then better leave this market as you are not for this.
If the OP is still afraid after fully understanding crypto and bitcoin investments then leaving investment in the crypto sector is quite acceptable. because if the feeling of fear dominates too much then it is feared that when the OP has bought at the current price and it turns out that the price has decreased slightly then because the OP has excessive fear it will make him panic and sell in a loss position. so I think OP really should be able to control these feelings of fear. because fear and greed are always used as certain indicators in crypto trading and it can hurt us if we can't control it. because high volatility will always exist in bitcoin and altcoins.


Title: Re: Why I've been scared to invest in bitcoin
Post by: albon on March 02, 2023, 09:21:03 PM
I know volatility is a natural thing that can happen to any investment. However, it will be good to address this issue because from where I come from people are scared of investing in bitcoin, they feel its risky. Personally,  I feel there should be an increased regulatory body which will help people like me not to be scared. There should be an improvement in bitcoin infrastructure, some of these wallet aren't even user friendly and also, there should a transparency in the market. I'm still learning about the best wallet to use as a newbie though.

My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?
Fear is natural, but this fear and anxiety should not dominate the Bitcoin investor and trader. There is no profit without taking the risk, and if each of us invests the money, he can lose it; I see that fear will decrease because even if a person loses this money due to market volatility, he will not be disturbed much. As for bitcoin wallets, many user-friendly and easy-to-use wallets have an easy interface on the desktop or the phone, so if you are a beginner and do not know the right wallet for you, I advise you to watch reviews about these wallets on famous YouTube channels or popular blogs to determine the right wallet for you, either Regarding your last question about whether the Bitcoin currency will be immune from volatility in the coming years, this is unlikely because the Bitcoin currency is subject to volatility, regulatory changes, investor sentiment, and trending events.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Wapfika on March 02, 2023, 09:26:20 PM
If the OP is still afraid after fully understanding crypto and bitcoin investments then leaving investment in the crypto sector is quite acceptable. because if the feeling of fear dominates too much then it is feared that when the OP has bought at the current price and it turns out that the price has decreased slightly then because the OP has excessive fear it will make him panic and sell in a loss position. so I think OP really should be able to control these feelings of fear. because fear and greed are always used as certain indicators in crypto trading and it can hurt us if we can't control it. because high volatility will always exist in bitcoin and altcoins.
It will take a lot of courage to start investing in crypto or Bitcoin if we don't have too much extra money to invest with or we only budgeted our salary to make a living, it will be better first to start finding extra Job that can help to fund first the investment before entering in Bitcoin or doing trading. It's too risky to invest only our few money without backup if we know where not that capable yet of understanding how Bitcoin or trading works. Once we have extra budget for it the burden or fear will be lessen knowing that money is allotted for investment.


Title: Re: Why I've been scared to invest in bitcoin
Post by: Furious 7 on March 02, 2023, 09:28:49 PM
Fear is something that definitely exists, especially for beginners who still haven't learned the ins and outs of bitcoin, but when it comes to regulatory bodies to help people from anxiety, I don't think it's necessary because it really depends on yourself. This is a place that is indeed at high risk, so even with this condition, we must be aware that in this condition, we must be prepared to lose.


Title: Re: Why I've been scared to invest in bitcoin
Post by: samcoin on March 02, 2023, 10:20:34 PM
My question is this, is it possible for bitcoin to be completely immune to volatility in years to come?



In my opinion, Bitcoin volatility will decrease by the time until it reaches an acceptable level, just like gold and stock market. The reason is that the marketcap will increase by the time so there will be less possibility to manipulate it, as well as the domain will get more regulations, it might be impossible to regulate all crypto curencies and all over the world, yet I believe regulations will hit hard in the coming years.


Title: Re: Why I've been scared to invest in bitcoin
Post by: suzanne5223 on March 02, 2023, 10:36:52 PM
One of the best rules for making a good investment is to go for something you research and believe will do well now and in the future. If anyone is scared of investing in Bitcoin that person shouldn't force herself into it because it's technically she lacks the needed knowledge to make a profit through her investment in Bitcoin and it's better she invest when she has the needed confidence and knowledge since Bitcoin present great opportunities and risk.


Title: Re: Why I've been scared to invest in bitcoin
Post by: G_Besar on March 02, 2023, 11:03:26 PM
Only those who are confident in their ability to handle the risk should invest in bitcoin. Those who think investing in it would be too dangerous should refrain from doing so because it is not a free income platform or get rich fast scheme. Speaking of volatility, I don't believe that will occur; I believe it was better that way when it was designed that way. They are afraid because they don't fully comprehend how it works, which is why I was once also terrified but only because I didn't grasp it at the time.
Some fears do arise because they don't really understand how it works and maybe they don't know Bitcoin that well, so the fear of investing in Bitcoin still exists. Even though those who are still afraid to start investing in Bitcoin can find out for themselves about how it works and also want to get to know Bitcoin in more depth. And those who are able to handle investment risks well will continue to invest in the long term.


Title: Re: Why I've been scared to invest in bitcoin
Post by: carlfebz2 on March 02, 2023, 11:35:35 PM
Only those who are confident in their ability to handle the risk should invest in bitcoin. Those who think investing in it would be too dangerous should refrain from doing so because it is not a free income platform or get rich fast scheme. Speaking of volatility, I don't believe that will occur; I believe it was better that way when it was designed that way. They are afraid because they don't fully comprehend how it works, which is why I was once also terrified but only because I didn't grasp it at the time.
Some fears do arise because they don't really understand how it works and maybe they don't know Bitcoin that well, so the fear of investing in Bitcoin still exists. Even though those who are still afraid to start investing in Bitcoin can find out for themselves about how it works and also want to get to know Bitcoin in more depth. And those who are able to handle investment risks well will continue to invest in the long term.
Even if you do know the basics it wont guarantee out that you wont really that get scared because we are really mainly that focusing that much with our investment which we know that we are really that

afraid on seeing our investment in going negative specially on a market decline.This is why the first thing you should consider is having the acceptance on what you are dealing with, you should be aware about the risk involved because volatility could really act as a double blade on which you could make profits and loses money and it would be depending on the market condition.

Getting scared is normal but once you do get used to it then it would really be just like an ordinary day in speaking about price movements or swings.


Title: Re: Why I've been scared to invest in bitcoin
Post by: romero121 on March 02, 2023, 11:59:46 PM
Based on my understanding about the market, the volatility will continue forever. Maybe over the days on increased usage we'll encounter lower percentage of volatility, but no one could assure on it. The success of the market is its volatility. Getting scared of such market happens around, but the right understanding lets them make use of it as an opportunity.

Out of volatility we'll see our portfolio experiencing big changes in no time. On that we shouldn't be worried, but we should have our focus on how to keep hold of it for the bullish market and benefit out of it. Not everyone able to do it, most people get into panic and intends to sell when the market turns bearish.