Bitcoin Forum

Other => Beginners & Help => Topic started by: Kelward on May 17, 2023, 11:10:15 AM



Title: Overcoming my fear of bitcoin and online businesses
Post by: Kelward on May 17, 2023, 11:10:15 AM
I am a trader who has a shop in one of the major markets in my country. I have always held on to the believe that business is between two physical parties, one wants to buy and the other wants to sell. The buyer sees what he wants, gives money to the seller and the seller delivers the goods to the buyer. The two parties leave happily. Until recently, and before knowing this place I always thought that anything trading or business online is a fraud. I always see them as ponzi and that one day they will make enough money from the people and shutdown, defrauding many people of their hard earned money.

I remember a colleague of mine when I used to work before I ventured into business, he used to do forex trading then, he will always encourage me to learn the trade, but I always told him no. Some few years back, I started to look for a new business and some friends began to tell me about bitcoin. I was very skeptical then saying that even if bitcoin is genuine that it's probably one of those online businesses that you will invest all of your money and in an instant you will lose everything.

I continued to have that fear until a few months ago when someone sent me the link to this Bitcointalk place, that I decided to try it out. I concluded that it is time for me to put my fear of online investments on hold to see if I can have a better understanding of it and bitcoin. In this few weeks that I have joined this forum it has been a very big eye opener for me. As someone new in this I know I have much to learn, before I start investing, so I don't make mistakes. Although so many things sound strange and confusing to me. And I hope to quicken my process of learning soon enough to start investing and trading like others here. Overcoming that fear of online investments, especially bitcoin is what I'm tackling right now and it is a wonderful experience for me so far. I am learning new things every time I come here and it is a new type of experience for me.

Here are some of the things that moved my decision to finally consider studying bitcoin now.

Number 1 : The first is I don't have to continue in the shadow of my fear and continue to run away from it. Fear is in the mind and no where else. I have to confront my mind to tackle this. As I'm doing this I also encourage anyone having fear of anything to confront it.

2: The second is that I get confused when people around me talked about Bitcoin. I envy them because I see them as intelligent and want to be like them. I also want to be seen as someone who is intelligent and can contribute my views to discussions.

3: Thirdly I want to learn how to trade Bitcoin and also get into other online investments.

My observation so far in the few weeks that I have spent in bitcointalk, I have noticed that there is willingness by senior members to give directions and corrections to newbies who seek it. I hope to be teaching newbies too one day. Any more advice by members on how to increase my confidence level and learning will be humbly received by me.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: zezaiement on May 17, 2023, 06:52:03 PM
I have become familiar with this topic by reading info at https://www.babypips.com
I am not an employee of this service, but I want to recommend it because it is well written material.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: BIT-BENDER on May 17, 2023, 07:40:30 PM
Quote
2: The second is that I get confused when people around me talked about Bitcoin. I envy them because I see them as intelligent and want to be like them. I also want to be seen as someone who is intelligent and can contribute my views to discussions.
 
You have already started to get it wrong this way and you may never understand Bitcoin If this is your goal, firstly you have shown you are easily moved my people's opinions and you would give into FOMO (Fear of missing out) and FUD(fear uncertainty and despair) you won't be able to take your own decisions, you goals should not be to look intelligent( by being knowledgeable in Bitcoin) in the eyes of people but your goals should be actually have the knowledge of Bitcoin that should be more important to you.
Help yourself out by reading up there are lots of Bitcoin books you can gradually use to accumulate knowledge here is a good list.
https://bitcointalk.org/index.php?topic=5353061.0


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: CryptoHeadlineNews on May 17, 2023, 07:48:18 PM
Until recently, and before knowing this place I always thought that anything trading or business online is a fraud. I always see them as ponzi and that one day they will make enough money from the people and shutdown, defrauding many people of their hard earned money.
I know due to the high level of internet scams and Ponzi-related scheme scams, it's natural for people to lose interest in anything online, but the truth of the fact is that there are lots of legit ways of making money online that people don't talk about but rather prioritize investment schemes who promises to offer x reward of investment after few days which always crashes. Because businesses such as affiliate marketing, social media marketing, blogging, and data analysis are all online-related jobs and yet pay well.

Quote
2: The second is that I get confused when people around me talked about Bitcoin. I envy them because I see them as intelligent and want to be like them. I also want to be seen as someone who is intelligent and can contribute my views to discussions.
First of all, I will like to inform you that no one was born with the knowledge of Bitcoin, we all got to know all that through learning, personal research and forum engagement, which likewise you too can achieve the same only if you could be diligent enough to learn without hurry how Bitcoin and the forum works.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Upgrade00 on May 17, 2023, 07:59:16 PM
Number 1 : The first is I don't have to continue in the shadow of my fear and continue to run away from it. Fear is in the mind and no where else. I have to confront my mind to tackle this. As I'm doing this I also encourage anyone having fear of anything to confront it.
You don't have to lose your fear, fear and skepticism are what keeps us away from making wrong choices. Always be doubtful of any venture which is presented to you cause it very likely is a scam.
By confronting your fear, you do your diligent research and try to convince yourself that this is not a scam.

Any more advice by members on how to increase my confidence level and learning will be humbly received by me.
Use the search option effectively, all the information you seek is available on the forum which is a repertoire for Bitcoin knowledge.
Also, this is an anonymous online forum, feel free to ask questions and discuss as freely as you wish to, and grow a thick skin to take criticisms and a bit of trolling.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: bittraffic on May 17, 2023, 08:23:54 PM

It's not going to frighten anyone anymore when they find out that Bitcoin price continues to rise up since 2010. This is kind of an assurance that your investment can exponentially grow 100x when you invest for long term, this alone simmers down investors and adopters even when the market suddenly changes.

I have become familiar with this topic by reading info at https://www.babypips.com
I am not an employee of this service, but I want to recommend it because it is well written material.


The free trading systems they share did work for some time until the market changed which happens a lot in crypto.  But I learned a lot about indicators.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: suzanne5223 on May 17, 2023, 08:43:10 PM
1 : The first is I don't have to continue in the shadow of my fear and continue to run away from it. Fear is in the mind and no where else. I have to confront my mind to tackle this. As I'm doing this I also encourage anyone having fear of anything to confront it.
Even without you being aware of Bitcoin, living in the shadow of your fear will only limit your potential and the chance of your getting the good things out of your endeavor.

2: The second is that I get confused when people around me talked about Bitcoin. I envy them because I see them as intelligent and want to be like them. I also want to be seen as someone who is intelligent and can contribute my views to discussions.
You need to envy anyone and you don't have to be intelligent before you get along in the crypto space. What you need is to know the fundamental aspect of Bitcoin, blockchain, transaction, and wallet and you can then learn the rest little by little.

3: Thirdly I want to learn how to trade Bitcoin and also get into other online investments.
Most online investments are scams buddy. Invest in yourself by developing your technical skills, and trading skills.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: The Cryptovator on May 17, 2023, 08:55:11 PM
It seems that you may have some gaps in your understanding of Bitcoin and its functioning. However, you're in the right place to expand your knowledge and gain more insights. Bitcoin is a decentralized cryptocurrency that allows you to purchase and store it in your own digital wallet. By holding Bitcoin in a non-custodial wallet, you become the sole custodian of your funds, acting as your own bank. Based on your post, it appears that you may consider acquiring a hardware wallet, which offers enhanced security for your assets. With a hardware wallet, your funds remain fully secure, and unauthorized access is virtually impossible unless your private keys or seed phrase are compromised. Therefore, apart from the inherent price volatility associated with Bitcoin, there is little to fear when exploring this cryptocurrency.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: DiMarxist on May 17, 2023, 09:03:55 PM
you won't be able to take your own decisions, you goals should not be to look intelligent( by being knowledgeable in Bitcoin) in the eyes of people but your goals should be actually have the knowledge of Bitcoin that should be more important to you.
Help yourself out by reading up there are lots of Bitcoin books you can gradually use to accumulate knowledge in Bitcoin. This one too is good. https://www.google.com/url?sa=t&source=web&rct=j&url=https://cryptolinks.com/983/learnmeabitcoin&ved=2ahUKEwj40tDMm_D-AhXFg_0HHWrhBdQQFnoECA4QAQ&usg=AOvVaw0760PYfdKlFTHyH8UX9uwq


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Gozie51 on May 17, 2023, 10:28:12 PM

Until recently, and before knowing this place I always thought that anything trading or business online is a fraud.

Your post shows the resolve to learn about bitcoin and all around it and this platform is going to help you do that in the long run but don't throw your guards away to embrace everyone and everything online to be true and genuine in whatever is said to you. Many people may yet approach you for investment but be wise and ask questions.

On your own part, there are things you need to do to secure your financial investment like you don't have to compromise your wallet address, keep every password away from third party. Bitcoin is a decentralised digital currency and so you don't need third parties interference. Don't oblige email messages requiring your response or reply when you don't know the sender or not expecting any email.

You can check to read more about bitcoin  here  (https://github.com/bitcoinbook/bitcoinbook)


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Kelward on May 17, 2023, 10:39:18 PM
Until recently, and before knowing this place I always thought that anything trading or business online is a fraud. I always see them as ponzi and that one day they will make enough money from the people and shutdown, defrauding many people of their hard earned money.
I know due to the high level of internet scams and Ponzi-related scheme scams, it's natural for people to lose interest in anything online, but the truth of the fact is that there are lots of legit ways of making money online that people don't talk about but rather prioritize investment schemes who promises to offer x reward of investment after few days which always crashes. Because businesses such as affiliate marketing, social media marketing, blogging, and data analysis are all online-related jobs and yet pay well.

Quote
2: The second is that I get confused when people around me talked about Bitcoin. I envy them because I see them as intelligent and want to be like them. I also want to be seen as someone who is intelligent and can contribute my views to discussions.
First of all, I will like to inform you that no one was born with the knowledge of Bitcoin, we all got to know all that through learning, personal research and forum engagement, which likewise you too can achieve the same only if you could be diligent enough to learn without hurry how Bitcoin and the forum works.

Truly as you have noted, no one was born with the knowledge of bitcoin, everybody acquired it. When you have certified yourself that it is a genuine business and not a scam, you then need to develop a passion and commitment for trading bitcoin, without fear, to diligently learn it very well, in order to minimize loses and maximize profits.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: sheenshane on May 17, 2023, 11:26:32 PM
Truly as you have noted, no one was born with the knowledge of bitcoin, everybody acquired it. When you have certified yourself that it is a genuine business and not a scam, you then need to develop a passion and commitment for trading bitcoin, without fear, to diligently learn it very well, in order to minimize loses and maximize profits.
That's good to hear, the willingness will push you to be knowledgeable enough on Bitcoin stuff.
If you're interested in trading Bitcoin and exploring other online investments, take the initiative to educate yourself.  You can start by researching reputable sources that provide information on trading strategies (dropped below), risk management, and market analysis.  Consider joining online forums or communities dedicated to cryptocurrency trading, where you can learn from experienced traders, because IMO, learning takes time and practice, so be patient and persistent.

Here are useful links for you to search furthermore aside from this forum.
  • https://bitcoin.org/en/
  • https://www.reddit.com/r/Bitcoin/
  • https://github.com/bitcoin/bitcoin


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Smartvirus on May 17, 2023, 11:36:10 PM
I remember a colleague of mine when I used to work before I ventured into business, he used to do forex trading then, he will always encourage me to learn the trade, but I always told him no. Some few years back, I started to look for a new business and some friends began to tell me about bitcoin. I was very skeptical then saying that even if bitcoin is genuine that it's probably one of those online businesses that you will invest all of your money and in an instant you will lose everything.

I continued to have that fear until a few months ago when someone sent me the link to this Bitcointalk place, that I decided to try it out. I concluded that it is time for me to put my fear of online investments on hold to see if I can have a better understanding of it and bitcoin. In this few weeks that I have joined this forum it has been a very big eye opener for me. As someone new in this I know I have much to learn, before I start investing, so I don't make mistakes. Although so many things sound strange and confusing to me. And I hope to quicken my process of learning soon enough to start investing and trading like others here. Overcoming that fear of online investments, especially bitcoin is what I'm tackling right now and it is a wonderful experience for me so far. I am learning new things every time I come here and it is a new type of experience for me.
Well just that you know, Ponzi schemes are very real. Your fears of having these ponzi schemes get the best of you have been all that have kept you safe all the while. You could just as well not lose that fear or rather, learn to identify what it is that makes a project a ponzi scheme. Some of its basic features is that, they are referral based and operates a pyramidal scheme.

May I remind you although, I feel you already get the picture, the forum isn't some online business but, somewhere you come to learn about cryptocurrency. These you can apply where related and maybe get what you seek out of the knowledge you've acquired.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: drwhobox on May 17, 2023, 11:40:42 PM
Ponzi schemes in online businesses spread the fear of losing to most people who got scammed by them. Even I spend a period where I was scared of online investment and business but I overcome my fear, and now I am doing good. It is not bad to fear but also you have to open your mind to learn more about the opportunities around you. Do your own research about the project before stepping into that business.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Alpha Marine on May 18, 2023, 06:40:47 AM
Your fears are valid. There are a lot of online scams on the internet, but I'm so happy for you. You have decided to move past those fears. That was the first step. It's okay to have fears, but it's allowing those fears control your life and limit you that's the problem.

Don't rush the learning process. Take your time, take it easy. Learning is a continuous process, it has no end. Even the most knowledgeable people here still have room to learn.
The good thing about the forum is people are always open to to give you guidance. This is the only ranking system I've seen where the rank does not determine how people are treated or respected.

One thing I'm sure you already know is that Bitcoin is not a get rich quick scheme. Only ponzi and other scam investment offer a get rich quick scheme. So just keep doing what you're doing and keep learning. I can only speak for myself and I know how much I've learnt about Bitcoin from this forum.
You can join the forum as someone who knows nothing about Bitcoin and with the right mind you'll begin to learn things daily.

Also try to carry out research. If you see things you don't understand, research about it. You can ask the forum for more clarity on the subject, but it should be in the proper boards.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Cryptomultiplier on May 18, 2023, 10:44:26 AM
I had this same kind of fear sometime back, until I saw people around me making profits from trading and being that I understand what the business of buying and selling is, I would conclude that they made more profit than loss as they ventured further and gained new tools and experience.
This led me here, where I have tried and I know I have grown in the aspect of joining discussions I understand and trying to understand the more ambiguous topics being discussed too.
It has been really insightful for me and I know you will get a hang of it sooner than you think.
One way I did overcome my fear was by picking out new terms I found confusing and researching them. This opened my mind to the various concept, technicality and strategy of investment or trade or innovation that is ongoing and I better understand the market in that if I decide to begin my trading journey today, I wouldn't be scared to face the risk.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Queentoshi on May 18, 2023, 12:45:04 PM
Number 1 : The first is I don't have to continue in the shadow of my fear and continue to run away from it. Fear is in the mind and no where else. I have to confront my mind to tackle this. As I'm doing this I also encourage anyone having fear of anything to confront it.
As a human, we have to be open to changes and try to keep up with them as they happen. Holding on to one believe or pattern and thinking nothing better will come, can make you stagnant in growth and knowledge.

2: The second is that I get confused when people around me talked about Bitcoin. I envy them because I see them as intelligent and want to be like them. I also want to be seen as someone who is intelligent and can contribute my views to discussions.
Anyone that knows something you do not know is a step ahead of you and you can easily get intimidated around them whenever they speak. To me, this is a good reason to want to know what Bitcoin really is, surprisingly you will get to discover that after you have a good understanding of what Bitcoin is and then you have a talk with some of these persons, you will notice that they do not really know about bitcoins the way you thought they did.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: cryptoaddictchie on May 18, 2023, 01:19:57 PM
My observation so far in the few weeks that I have spent in bitcointalk, I have noticed that there is willingness by senior members to give directions and corrections to newbies who seek it. I hope to be teaching newbies too one day. Any more advice by members on how to increase my confidence level and learning will be humbly received by me.
That was a nice shared experience by you. Yes there are plenty of people who can guide you here to understand more bitcoin and other widen scope of cryptocurrency. Dont skip the learning method as it will be useful to you when you become more affiliaite or expose to bitcoin. Confidence is something we have on our self but you are right there we only need to be normal when we teach others. Dont so overconfident about some topics cause someone might have known the real answer.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: UchihaSarada on May 18, 2023, 01:45:32 PM
As an owner of a small business that accepts bitcoin, a biggest fear is transaction fee.

Because your business is small, you will not be able to run marketing to cover transaction fee or partially cashback for your customers. They will have to move bitcoin and pay transaction fee for payment to buy your products or use your services.

You will have to move bitcoin that is received from your customers too. Because with small budget, you will have a shorter cycle of your financial budget. It will cost you transaction fee and you don't have long time to hold your bitcoin or wait for time with cheap transaction fee.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: SOKO-DEKE on May 18, 2023, 02:00:02 PM

1 : The first is I don't have to continue in the shadow of my fear and continue to run away from it. Fear is in the mind and no where else. I have to confront my mind to tackle this. As I'm doing this I also encourage anyone having fear of anything to confront it.

Many people should have been in cryptocurrency industry as earlier than they were now and they should have be great Bitcoin investors but do to the fear they have created in their minds never never give them the earlier opportunities.but what do surprise me with people is that they easily believe in some people comments without further research either what they saying is positive or negative. and that are what easily make us lose early opportunities or even lead us to the wrong directions.let always try to do our own research in time so we can know the next steps to carry, so we can get good opportunity early.infact many loses money to ponzi schemes because they only listen to people thought without doing  their own research.

2: The second is that I get confused when people around me talked about Bitcoin. I envy them because I see them as intelligent and want to be like them. I also want to be seen as someone who is intelligent and can contribute my views to discussions.

Before you can learn more about Bitcoin and cryptocurrencies in general, you don't need to be envious of anyone.If you wish to feel jealous of others who are more knowledgeable than you are, you will be upset and unlikely to ever take the right steps toward learning.understanding about Bitcoin should be a steady process rather than something you should rush because it may include your money if you later decide to trade or invest, and it could result in lost of your money if you miss out understanding some important steps.

3: Thirdly I want to learn how to trade Bitcoin and also get into other online investments.
You are free to learn trading and I believe a lot of members are here to provide you with guidelines.learning trading is great idea because when you know how to trade it will  serve as a good opportunity in earning more profits in crypto industry.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: yazher on May 18, 2023, 02:07:46 PM
Ponzi schemes in online businesses spread the fear of losing to most people who got scammed by them. Even I spend a period where I was scared of online investment and business but I overcome my fear, and now I am doing good. It is not bad to fear but also you have to open your mind to learn more about the opportunities around you. Do your own research about the project before stepping into that business.

After the emergence of the crypto industry, there are lots of scammers who also used the opportunity to scam people with bitcoins and other altcoins as their props to fool people. in our city alone, lots of businessmen have fallen into this kind of Ponzi Scheme and the strange thing about it is when they're gone and create a similar scheme, they always get some investors again. This is one of the reasons why you need to equip yourself with some knowledge before getting into some kind of investment especially when money is involved these people always get themselves into these scams and are not only putting themselves in trouble but also innocent people they recruited into the Ponzi scheme.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Mpamaegbu on May 18, 2023, 02:11:06 PM
Your first choice is stepping out to confront that fear which eclipsed you in the past. That you've successfully done. The second part is to realize that those who quit don't win and those who later won never quit. Now that you're here, you should embrace learning like it will go out of fashion in the next minute. Read and learn to develop and resolve whatever nagging questions you think you've. Ask questions where necessary and don't be shy to do so. Before long you will also begin to sound high like those you envied before now. The last, and the most important, be vigilant while you're online. Even on this forum, be vigilant. Anyone who sends you a private chat or link or talks to you about business in private is obviously a scammer. Be warned.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Gallar on May 18, 2023, 02:26:04 PM
~

I remember a colleague of mine when I used to work before I ventured into business, he used to do forex trading then, he will always encourage me to learn the trade, but I always told him no. Some few years back, I started to look for a new business and some friends began to tell me about bitcoin. I was very skeptical then saying that even if bitcoin is genuine that it's probably one of those online businesses that you will invest all of your money and in an instant you will lose everything.

~
Having a fear of something new, I think it's very natural. Because it's not only bitcoin, someone can experience fear and worry when they are about to start for the first time. In the world of work, business, and other activities, it often brings fear and worry when trying for the first time. So those of you who were initially afraid and didn't believe in online investments like bitcoin, that's normal. So now that you can be friends with that fear, I think that's a good thing. Because you can get rid of your skepticism about bitcoin.

And actually, the fear that you experience about bitcoin / online investment, is caused by your lack of deep knowledge of this field. Because what I know and have experienced, the online world, like investing in bitcoin, is actually not much different from what is in the real world. If you look at it from the negative side, in the online world too, of course there are people who intend to cheat, as well as in the real world (not online), there are always people who intend to cheat or cheat. So you don't need to be too afraid to enter the world of bitcoin investment, because the most important thing is that you really have to learn the knowledge from the basics to the end.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Dr.Bitcoin_Strange on May 18, 2023, 06:43:22 PM
I continued to have that fear until a few months ago when someone sent me the link to this Bitcointalk place, that I decided to try it out. I concluded that it is time for me to put my fear of online investments on hold to see if I can have a better understanding of it and bitcoin. In this few weeks that I have joined this forum it has been a very big eye opener for me. As someone new in this I know I have much to learn, before I start investing, so I don't make mistakes. Although so many things sound strange and confusing to me. And I hope to quicken my process of learning soon enough to start investing and trading like others here. Overcoming that fear of online investments, especially bitcoin is what I'm tackling right now and it is a wonderful experience for me so far. I am learning new things every time I come here and it is a new type of experience for me.

Here are some of the things that moved my decision to finally consider studying bitcoin now.

Number 1 : The first is I don't have to continue in the shadow of my fear and continue to run away from it. Fear is in the mind and no where else. I have to confront my mind to tackle this. As I'm doing this I also encourage anyone having fear of anything to confront it.

2: The second is that I get confused when people around me talked about Bitcoin. I envy them because I see them as intelligent and want to be like them. I also want to be seen as someone who is intelligent and can contribute my views to discussions.

3: Thirdly I want to learn how to trade Bitcoin and also get into other online investments.

My observation so far in the few weeks that I have spent in bitcointalk, I have noticed that there is willingness by senior members to give directions and corrections to newbies who seek it. I hope to be teaching newbies too one day. Any more advice by members on how to increase my confidence level and learning will be humbly received by me.

Well, it's good you have to overcome your fear to learn and understand the need for online business and Bitcoin technology. Also, you are in the right community where you can obtain good knowledge and guidance about Bitcoin technology and anything that is cryptocurrency-related, including trading.

But you should know that generally, trading is risky because you will need more time to learn how to trade, you will undergo training for some months with a demo account, and even when you start trading with a real account, you can still encounter losses because the crypto market is very dynamic, and no matter what trading tools you are using or what your best strategy is, you will sure face some losses. But if you are just holding your bitcoin, it will be safer for you because you will only have to hold it until the market becomes bullish, then you can sell and take profit. Since you said you want to learn to trade Bitcoin, it's your choice anyway; I'm just trying to let you know there's some risk involved. I still find this article (https://www.lopp.net/bitcoin-information.html) so educational about bitcoin. You can read it if you want to build your knowledge about Bitcoin, because to be able to help other newbies in the forum, just as you have said, you must know about Bitcoin. You can also learn about some forum guidelines for newbies and the rules and history of the forum, which have been mentioned to you before.

See you around.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Obari on May 18, 2023, 07:25:02 PM

My observation so far in the few weeks that I have spent in bitcointalk, I have noticed that there is willingness by senior members to give directions and corrections to newbies who seek it. I hope to be teaching newbies too one day. Any more advice by members on how to increase my confidence level and learning will be humbly received by me.
Great observation  and just incase your friend who sent you the link never mentioned that the forum was formed and created by the original founder of bitcoin  himself and as such, most of the information  you get here should be most genuine but I also want to let you know that bad advise can also be gotten from the forum and you should always filter infir.atikms you get from forum and should always remember  that safety of your assets when you first ally start hodling is paramount.

I admire the fact that you decided  to learn first rather than just jumping into the market and this decision will help you make the right decisions  when you finally come fully into the industry.

I want to encourage  to stay steadfast in the journey  and don't let anything hold you back as this is a journey that if well followed, we'll  all smile at the end.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Kelward on May 18, 2023, 07:39:05 PM

1 : The first is I don't have to continue in the shadow of my fear and continue to run away from it. Fear is in the mind and no where else. I have to confront my mind to tackle this. As I'm doing this I also encourage anyone having fear of anything to confront it.

Many people should have been in cryptocurrency industry as earlier than they were now and they should have be great Bitcoin investors but do to the fear they have created in their minds never never give them the earlier opportunities.but what do surprise me with people is that they easily believe in some people comments without further research either what they saying is positive or negative. and that are what easily make us lose early opportunities or even lead us to the wrong directions.let always try to do our own research in time so we can know the next steps to carry, so we can get good opportunity early.infact many loses money to ponzi schemes because they only listen to people thought without doing  their own research.

2: The second is that I get confused when people around me talked about Bitcoin. I envy them because I see them as intelligent and want to be like them. I also want to be seen as someone who is intelligent and can contribute my views to discussions.

Before you can learn more about Bitcoin and cryptocurrencies in general, you don't need to be envious of anyone.If you wish to feel jealous of others who are more knowledgeable than you are, you will be upset and unlikely to ever take the right steps toward learning.understanding about Bitcoin should be a steady process rather than something you should rush because it may include your money if you later decide to trade or invest, and it could result in lost of your money if you miss out understanding some important steps.

3: Thirdly I want to learn how to trade Bitcoin and also get into other online investments.
You are free to learn trading and I believe a lot of members are here to provide you with guidelines.learning trading is great idea because when you know how to trade it will  serve as a good opportunity in earning more profits in crypto industry.

Your paragraphs focuses on carrying out research before entering bitcoin, so you don't loose your money. I also underground that a new person to bitcoin, don't need to rush into it, as you have mentioned, so he doesn't loose his money. This is the more reason why I'm glad that I'm in this bitcoin forum. Members have generously given me links to learn about bitcoin and also places to purchase books to enlighten me more about bitcoin. The confidence of members about bitcoin is the best encouragement that I'm getting.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Sandra_hakeem on May 18, 2023, 09:15:06 PM
Fear is man's worst experience,.  Most especially when embedded by unconsciousness and confusion. I can't say I won't be scared of something I haven't done before but I'm not also gonna start feeling it as a losing game already without even exercising some time to hear on the affirmative.
Secondly, ion really like getting indulged in online businesses..; I'm not even seeing Bitcoin as one - it's way more different anyways...I use to imagine having the beginners of this legendary coin, reasoning the same way them newbies do today??

Sandra 🧑‍🦰


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Husires on May 19, 2023, 01:08:18 AM
It's good to see that you decided to learn, but there is no difference between online trading and regular trade, both of them need intelligence and experience, and on the contrary, online trading is more difficult because competition from all over the world and customer evaluation is very important.
Bitcoin is a digital currency that aids in digital trade, but both are completely different and not entirely interrelated. Thus, you use bitcoin to settle your transactions and as an investment.

  • To settle transactions you need to use btcpayserver.
  • Investing in Bitcoin means that you believe that it has a future value that can increase, and then either you will buy at the bottom or follow DCA strategy.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Kelward on May 20, 2023, 07:18:01 PM
Ponzi schemes in online businesses spread the fear of losing to most people who got scammed by them. Even I spend a period where I was scared of online investment and business but I overcome my fear, and now I am doing good. It is not bad to fear but also you have to open your mind to learn more about the opportunities around you. Do your own research about the project before stepping into that business.

After the emergence of the crypto industry, there are lots of scammers who also used the opportunity to scam people with bitcoins and other altcoins as their props to fool people. in our city alone, lots of businessmen have fallen into this kind of Ponzi Scheme and the strange thing about it is when they're gone and create a similar scheme, they always get some investors again. This is one of the reasons why you need to equip yourself with some knowledge before getting into some kind of investment especially when money is involved these people always get themselves into these scams and are not only putting themselves in trouble but also innocent people they recruited into the Ponzi scheme.

People like me have been afraid of inline businesses, because of this ponzi schemes. I used to ignorantly think that every online investments runs like ponzi, until I got enlightened about bitcoin and it's strong walls against any sort of scams. Many people are still in that mindset of fear about anything online business, especially those that have been scanned before. I wonder what can be done to track this scammers and give them justice for their wicked deeds?


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Mpamaegbu on May 21, 2023, 06:33:26 PM
I wonder what can be done to track this scammers and give them justice for their wicked deeds?
This industry is not regulated yet and it's a bit hard tracking scam projects, especially if team members are anonymous (which most of them are). In the past, I also invested in projects like that at ICOs. Ignorant is bliss like they say. A greater number of them rugpulled on investors and disappeared into thin air.

By the way OP, you've to merge your posts by editing the ones above my comment so you don't double post. It's against forum rule to double post.

* For clarity – to double post means to post more than once in a roll without having another user(s) in between your posts before you post again.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Freddie Boyer on May 23, 2023, 09:05:28 AM
I also feel the same way as you felt before. ignorance and skepticism when there is a business that is not real. Yes. this is a place to ask where there are people who are confused, especially about BTC and other crypto investments along with developments in the world economy and our seniors are happy to give their best advice and opinions sincerely.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Finestream on May 25, 2023, 09:45:05 PM
It seems that you may have some gaps in your understanding of Bitcoin and its functioning. However, you're in the right place to expand your knowledge and gain more insights. Bitcoin is a decentralized cryptocurrency that allows you to purchase and store it in your own digital wallet. By holding Bitcoin in a non-custodial wallet, you become the sole custodian of your funds, acting as your own bank. Based on your post, it appears that you may consider acquiring a hardware wallet, which offers enhanced security for your assets. With a hardware wallet, your funds remain fully secure, and unauthorized access is virtually impossible unless your private keys or seed phrase are compromised. Therefore, apart from the inherent price volatility associated with Bitcoin, there is little to fear when exploring this cryptocurrency.
If you have understood well about bitcoin and has maximized your knowledge into it, then your fears will eventually vanish as time goes by. You will gain more trust and confidence over bitcoin, because it’s simply valuable and trustworthy when it comes to investment. And when you’re ready to invest and hold your bitcoin for long term, that’s the time to create a hardware wallet that is more secured and will free you from hackers as long as you keep responsible on managing it.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Kelvinid on May 26, 2023, 01:44:00 PM
Fear is man's worst experience,.  Most especially when embedded by unconsciousness and confusion. I can't say I won't be scared of something I haven't done before but I'm not also gonna start feeling it as a losing game already without even exercising some time to hear on the affirmative.
Secondly, ion really like getting indulged in online businesses..; I'm not even seeing Bitcoin as one - it's way more different anyways...I use to imagine having the beginners of this legendary coin, reasoning the same way them newbies do today??

Sandra 🧑‍🦰
We need to overcome our fear in order to win and succeed. It was indeed normal to all of us but we should not let our emotions control our minds instead, we have to go against it and turn negative to positive views. And the only thing I see to help it work is to focus on our goal, not the rumors and FUDs in social media. If we want to succeed, we have to also believe in ourselves and trust the system we used, and make this a reason why we work hard. The more we are confident in ourselves, the more chance to reach our desired goals in life.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Kelward on May 26, 2023, 03:23:37 PM
Number 1 : The first is I don't have to continue in the shadow of my fear and continue to run away from it. Fear is in the mind and no where else. I have to confront my mind to tackle this. As I'm doing this I also encourage anyone having fear of anything to confront it.
You don't have to lose your fear, fear and skepticism are what keeps us away from making wrong choices. Always be doubtful of any venture which is presented to you cause it very likely is a scam.
By confronting your fear, you do your diligent research and try to convince yourself that this is not a scam.

Any more advice by members on how to increase my confidence level and learning will be humbly received by me.
Use the search option effectively, all the information you seek is available on the forum which is a repertoire for Bitcoin knowledge.
Also, this is an anonymous online forum, feel free to ask questions and discuss as freely as you wish to, and grow a thick skin to take criticisms and a bit of trolling.

Search option is very informative to learning about bitcoin. Bitcointalk forum is very educative and it equips members, especially new ones on guides to the journey of bitcoin, so as to avoid costly financial mistakes in the trading and investments. And of course anybody that wants to get better in anything that they're into must accept criticism, it is better to see things from different perspectives to broaden our understanding. I love the anonymous nature of the forum, because it reduces familiarity, so you're more free to respond to posts the way you really feel.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: BitDane on May 26, 2023, 10:08:56 PM
Quote
I hope to be teaching newbies too one day. Any more advice by members on how to increase my confidence level and learning will be humbly received by me.

@OP one important things about Bitcoin learning is to not push your ideas to everyone.  Once you understand Bitcoin and gain a deep understanding of it, you will be motivated to share how wonderful Bitcoin is but most of the time, you will find people who are skeptical of Bitcoin.  I think it is best to have the spirit to share Bitcoin information to people who are missing out but never push them to believe in Bitcoin.  People have different views and understanding of Bitcoin and many of them are stubbornly holding to their belief even though they are proven wrong.

About your learning process, once you learned about Bitcoin you should keep your self updated regularly sp that you won't missed out on the current event of bitcoin.

For more learning you also need to learn the basic of trading in order to take advantage of bitcoin trading.  The basic knowledge about trading stated in this site: https://www.babypips.com/trading, they maybe a forex trading sample but the knowlegde can be applied to cryptocurrency trading too.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Kelward on May 27, 2023, 01:33:08 PM

Until recently, and before knowing this place I always thought that anything trading or business online is a fraud.

Your post shows the resolve to learn about bitcoin and all around it and this platform is going to help you do that in the long run but don't throw your guards away to embrace everyone and everything online to be true and genuine in whatever is said to you. Many people may yet approach you for investment but be wise and ask questions.

On your own part, there are things you need to do to secure your financial investment like you don't have to compromise your wallet address, keep every password away from third party. Bitcoin is a decentralised digital currency and so you don't need third parties interference. Don't oblige email messages requiring your response or reply when you don't know the sender or not expecting any email.

You can check to read more about bitcoin  here  (https://github.com/bitcoinbook/bitcoinbook)

Bitcoin decentralized nature makes it more important that traders and investors should not share sensitive information like wallet addresses and passwords like you mentioned above, because it is an anonymous structured business. By this I understand that we have scammers in the crytocurrency  business. So the issue of trust is not guaranteed. I'm glad that I've not heard any member mention anything about bitcoin system being compromised by scammers. So people in bitcoin can only be scammed by their own ignorance. This is the more reason why I believe that this educative and interactive forum is the best place for any bitcoin business person.
 


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Mpamaegbu on May 27, 2023, 08:27:43 PM
Bitcoin decentralized nature makes it more important that traders and investors should not share sensitive information like wallet addresses and passwords like you mentioned above, because it is an anonymous structured business.
There's no big deal in sharing wallet addresses. In simple terms, using the banking system as an example, a wallet address is the same thing a bank account number while password is the same thing as pin number. Whether bank or cryptos, security emphasis is on pin number or password and not on wallet address or account number. Of course, you've to give out your wallet address to receive cryptos or account number to get paid in fiat.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Distinctin on May 27, 2023, 09:31:21 PM
Fear is man's worst experience,.  Most especially when embedded by unconsciousness and confusion. I can't say I won't be scared of something I haven't done before but I'm not also gonna start feeling it as a losing game already without even exercising some time to hear on the affirmative.
Secondly, ion really like getting indulged in online businesses..; I'm not even seeing Bitcoin as one - it's way more different anyways...I use to imagine having the beginners of this legendary coin, reasoning the same way them newbies do today??

Sandra 🧑‍🦰
We need to overcome our fear in order to win and succeed. It was indeed normal to all of us but we should not let our emotions control our minds instead, we have to go against it and turn negative to positive views. And the only thing I see to help it work is to focus on our goal, not the rumors and FUDs in social media. If we want to succeed, we have to also believe in ourselves and trust the system we used, and make this a reason why we work hard. The more we are confident in ourselves, the more chance to reach our desired goals in life.
Fearful people never get to succeed, instead they keep losing and regretting. That’s why we have to take away our fears and turn them into courage and motivation. That way, we become fearless in the process and be able to acquire a lot of potentials that we need to have. And maybe losses may be helpful at some point, as we need to be exposed to losses at first so we can realize what else can we do to change the fate and make us successful, be it in trading or investing.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Kelward on May 28, 2023, 09:43:13 AM
It seems that you may have some gaps in your understanding of Bitcoin and its functioning. However, you're in the right place to expand your knowledge and gain more insights. Bitcoin is a decentralized cryptocurrency that allows you to purchase and store it in your own digital wallet. By holding Bitcoin in a non-custodial wallet, you become the sole custodian of your funds, acting as your own bank. Based on your post, it appears that you may consider acquiring a hardware wallet, which offers enhanced security for your assets. With a hardware wallet, your funds remain fully secure, and unauthorized access is virtually impossible unless your private keys or seed phrase are compromised. Therefore, apart from the inherent price volatility associated with Bitcoin, there is little to fear when exploring this cryptocurrency.

I have learnt quite a lot about bitcoin since I joined this forum and I'm revisiting your post to say thank you for your advice on how i can start bitcoin. You said bitcoin is decentralized and I can purchase and store in my own noncustodial wallet, and also purchase a hardware wallet for enhanced security of my asset. Also to keep an eye on the price volatility of bitcoin. So the fear that has been holding me back from embarking on this journey of bitcoin trading is gone, thanks to you and other members that have encouraged me so far. So I'm happy to announce to you that I'll start soonest.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Botnake on May 28, 2023, 07:59:27 PM
My observation so far in the few weeks that I have spent in bitcointalk, I have noticed that there is willingness by senior members to give directions and corrections to newbies who seek it. I hope to be teaching newbies too one day. Any more advice by members on how to increase my confidence level and learning will be humbly received by me.
That was a nice shared experience by you. Yes there are plenty of people who can guide you here to understand more bitcoin and other widen scope of cryptocurrency. Dont skip the learning method as it will be useful to you when you become more affiliaite or expose to bitcoin. Confidence is something we have on our self but you are right there we only need to be normal when we teach others. Dont so overconfident about some topics cause someone might have known the real answer.
The good thing about this forum is that everyone is contributing for the continuous productivity and success. Be it newbie or a legend, each point of view is being counted and appreciated. So i guess you have found the right path to overcome your fears and doubts by giving your time to learn in this forum. And by the time you’ll be doing great in here, confidence will eventually built on your own. And as long as you remain open minded on others post and ideas, and continuously learn from them, you will continue to boost your confidence within yourself.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: lizarder on May 28, 2023, 09:01:16 PM
My observation so far in the few weeks that I have spent in bitcointalk, I have noticed that there is willingness by senior members to give directions and corrections to newbies who seek it. I hope to be teaching newbies too one day. Any more advice by members on how to increase my confidence level and learning will be humbly received by me.

Something natural surrounds your heart when we first got to know bitcoin, moreover you are used to the fiat system which has credibility and guarantees from the government, even though in its part it also experiences problems every time. Moreover, talking about bitcoin which is anonymous and its creator is not clear because we only know the name but never know which person it is. Confidence depends on how far you learn to understand about bitcoin and at first I also had the same doubts as you, but when curiosity leads us to learn to know and that's where we find the real answer.

Discuss what you don't understand and use the search option on the forum about what you want to learn, then see how the forum shapes our trust in bitcoin. At this stage I like the pattern you are questioning which does not directly lead to investment, because indeed a beginner should choose a path like you to learn first. Bitcoin fluctuations can lead you to a panicked state and knowledge is a path to conclusions, which is why it is important to understand before taking a direct approach to investing.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Viscore on May 28, 2023, 09:11:32 PM
Your first choice is stepping out to confront that fear which eclipsed you in the past. That you've successfully done. The second part is to realize that those who quit don't win and those who later won never quit. Now that you're here, you should embrace learning like it will go out of fashion in the next minute. Read and learn to develop and resolve whatever nagging questions you think you've. Ask questions where necessary and don't be shy to do so. Before long you will also begin to sound high like those you envied before now. The last, and the most important, be vigilant while you're online. Even on this forum, be vigilant. Anyone who sends you a private chat or link or talks to you about business in private is obviously a scammer. Be warned.
Well said. It’s good that you finally realize on how to get out from your comfort zone and overcome your fears as being fearful will never make you successful at all. And knowing this forum is a blessing for you. Explore the forum as much as you can, and do your own diligence to research if that’s necessary to widen your understanding on the topics that you hardly understand. And never hesitate to raise questions that you think you need more answers and clarifications from other significant members. That way, you will keep on learning and soon others may also learn from you. And yes, be vigilant at all times. Even professionals in this forum are sometimes being taken advantage if they tend to be less cautious at some point.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: woez on June 06, 2023, 06:09:29 AM
My observation so far in the few weeks that I have spent in bitcointalk, I have noticed that there is willingness by senior members to give directions and corrections to newbies who seek it. I hope to be teaching newbies too one day. Any more advice by members on how to increase my confidence level and learning will be humbly received by me.

Something natural surrounds your heart when we first got to know bitcoin, moreover you are used to the fiat system which has credibility and guarantees from the government, even though in its part it also experiences problems every time. Moreover, talking about bitcoin which is anonymous and its creator is not clear because we only know the name but never know which person it is. Confidence depends on how far you learn to understand about bitcoin and at first I also had the same doubts as you, but when curiosity leads us to learn to know and that's where we find the real answer.

Discuss what you don't understand and use the search option on the forum about what you want to learn, then see how the forum shapes our trust in bitcoin. At this stage I like the pattern you are questioning which does not directly lead to investment, because indeed a beginner should choose a path like you to learn first. Bitcoin fluctuations can lead you to a panicked state and knowledge is a path to conclusions, which is why it is important to understand before taking a direct approach to investing.

It's understandable that the fluctuations in Bitcoin's price can create uncertainty and even panic among investors. That's why acquiring knowledge and understanding the dynamics of the market is crucial. Taking the time to learn about Bitcoin before directly diving into investing can help beginners make more informed decisions and avoid potential pitfalls.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Kelward on June 06, 2023, 01:17:47 PM
Your first choice is stepping out to confront that fear which eclipsed you in the past. That you've successfully done. The second part is to realize that those who quit don't win and those who later won never quit. Now that you're here, you should embrace learning like it will go out of fashion in the next minute. Read and learn to develop and resolve whatever nagging questions you think you've. Ask questions where necessary and don't be shy to do so. Before long you will also begin to sound high like those you envied before now. The last, and the most important, be vigilant while you're online. Even on this forum, be vigilant. Anyone who sends you a private chat or link or talks to you about business in private is obviously a scammer. Be warned.
Well said. It’s good that you finally realize on how to get out from your comfort zone and overcome your fears as being fearful will never make you successful at all. And knowing this forum is a blessing for you. Explore the forum as much as you can, and do your own diligence to research if that’s necessary to widen your understanding on the topics that you hardly understand. And never hesitate to raise questions that you think you need more answers and clarifications from other significant members. That way, you will keep on learning and soon others may also learn from you. And yes, be vigilant at all times. Even professionals in this forum are sometimes being taken advantage if they tend to be less cautious at some point.

Fear is our worst enemy when we want to explore new terrains. I guess that fear is a natural thing, and it all depends on how determined that we are to succeed that will subdue it in us. This forum is a great place to learn about bitcoin, and I'm not afraid or intimidated to ask questions. I've been cautioned about scammers, in this forum, and I have taken note of the advice. Generally in financial dealings or finance matters, one is supposed to be cautious to avoid being scammed.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Taskford on June 06, 2023, 01:54:47 PM
Your first choice is stepping out to confront that fear which eclipsed you in the past. That you've successfully done. The second part is to realize that those who quit don't win and those who later won never quit. Now that you're here, you should embrace learning like it will go out of fashion in the next minute. Read and learn to develop and resolve whatever nagging questions you think you've. Ask questions where necessary and don't be shy to do so. Before long you will also begin to sound high like those you envied before now. The last, and the most important, be vigilant while you're online. Even on this forum, be vigilant. Anyone who sends you a private chat or link or talks to you about business in private is obviously a scammer. Be warned.
Well said. It’s good that you finally realize on how to get out from your comfort zone and overcome your fears as being fearful will never make you successful at all. And knowing this forum is a blessing for you. Explore the forum as much as you can, and do your own diligence to research if that’s necessary to widen your understanding on the topics that you hardly understand. And never hesitate to raise questions that you think you need more answers and clarifications from other significant members. That way, you will keep on learning and soon others may also learn from you. And yes, be vigilant at all times. Even professionals in this forum are sometimes being taken advantage if they tend to be less cautious at some point.

Fear is our worst enemy when we want to explore new terrains. I guess that fear is a natural thing, and it all depends on how determined that we are to succeed that will subdue it in us. This forum is a great place to learn about bitcoin, and I'm not afraid or intimidated to ask questions. I've been cautioned about scammers, in this forum, and I have taken note of the advice. Generally in financial dealings or finance matters, one is supposed to be cautious to avoid being scammed.

Normal to get feared on some things we don't know so we need to do more research about other possibilities so that we can think accurately and can give higher chance for us to earn.  Although we don't know if we can get great insights, but atleast we have this community where we can here a lot of public opinion which can help us to determine which is bad or good invest to take and avoid.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Davidvictorson on June 06, 2023, 02:22:11 PM
Here are some of the things that moved my decision to finally consider studying bitcoin now.

Number 1 : The first is I don't have to continue in the shadow of my fear and continue to run away from it. Fear is in the mind and no where else. I have to confront my mind to tackle this. As I'm doing this I also encourage anyone having fear of anything to confront it.

2: The second is that I get confused when people around me talked about Bitcoin. I envy them because I see them as intelligent and want to be like them. I also want to be seen as someone who is intelligent and can contribute my views to discussions.

3: Thirdly I want to learn how to trade Bitcoin and also get into other online investments.

Your motivation to learn about bitcoin is rooted in the right mindset. There is no financial gain at the beginning of course, we know that this would definitely come along if you stick long enough. When I first got into bitcoin I did it like a wounded warrior becasue I had first invested in altcoins with a wrong mindset of overnight success. But I had to start all over to learn about bitcoin after I also went homeless from the altcoin rug pull. I hope you share with us about your experiences with studying bitcoin.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Vinaa77 on June 06, 2023, 03:45:17 PM
It's understandable that the fluctuations in Bitcoin's price can create uncertainty and even panic among investors. That's why acquiring knowledge and understanding the dynamics of the market is crucial. Taking the time to learn about Bitcoin before directly diving into investing can help beginners make more informed decisions and avoid potential pitfalls.

And yes, sometimes those who have just tried haven't taken the time to see and understand the dynamics and learn about Bitcoin, and due to a lack of knowledge, maybe most of them fail to understand Bitcoin fluctuations and make them doubt the prices given are different, and actually it's a reasonable move it's just that they don't base it on it.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Kelward on June 07, 2023, 12:48:23 PM
Here are some of the things that moved my decision to finally consider studying bitcoin now.

Number 1 : The first is I don't have to continue in the shadow of my fear and continue to run away from it. Fear is in the mind and no where else. I have to confront my mind to tackle this. As I'm doing this I also encourage anyone having fear of anything to confront it.

2: The second is that I get confused when people around me talked about Bitcoin. I envy them because I see them as intelligent and want to be like them. I also want to be seen as someone who is intelligent and can contribute my views to discussions.

3: Thirdly I want to learn how to trade Bitcoin and also get into other online investments.

Your motivation to learn about bitcoin is rooted in the right mindset. There is no financial gain at the beginning of course, we know that this would definitely come along if you stick long enough. When I first got into bitcoin I did it like a wounded warrior becasue I had first invested in altcoins with a wrong mindset of overnight success. But I had to start all over to learn about bitcoin after I also went homeless from the altcoin rug pull. I hope you share with us about your experiences with studying bitcoin.

I've learnt a lot about the volatility of bitcoin in this forum, and your advice and experience in altcoins has added to my knowledge about cryptocurrency in general. Bitcoin trading requires a beginner to learn it's technicalities and terminologies very well before starting, in order not to loose hard earned money. I've not started trading yet, I'm still receiving tutorials from senior members like you, and I'm grateful to you guys. So not much experience to share for now, hopefully when I start trading.


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: Zanab247 on June 07, 2023, 01:57:17 PM
Quote from: Kelward
Number 1 : The first is I don't have to continue in the shadow of my fear and continue to run away from it. Fear is in the mind and no where else. I have to confront my mind to tackle this. As I'm doing this I also encourage anyone having fear of anything to confront it.
fear is a bad habit that is causing people a lot of negative things which is not allow them to move forward in life. Since you have made up your mind to confront fear in your life to learn BTC and crypto, I think it will help you to grow financially in your business.

Quote
2: The second is that I get confused when people around me talked about Bitcoin. I envy them because I see them as intelligent and want to be like them. I also want to be seen as someone who is intelligent and can contribute my views to discussions.
In this aspect, you need to go deeper in research to acquire more knowledge about BTC so that when talented or intelligent people are discussing about BTC you will have something meaningful to contribute that will make them to know that you have idea on BTC.
[/quote]


Title: Re: Overcoming my fear of bitcoin and online businesses
Post by: *1Bishop1* on June 25, 2023, 09:02:28 AM
It's great to hear that you're overcoming your fear of Bitcoin and online businesses. It's natural to have concerns and doubts when venturing into new territory, but by educating yourself and seeking guidance, you're taking important steps towards understanding and potentially benefiting from these opportunities.