Show Posts
|
Pages: [1] 2 »
|
This has been my biggest motivation. I wish to be like you in no distance time, but due to financial instability and other factors beyond my major control, it has always seem impossible to start now. Kudos to this great move, I believe you must be so proud of yourself for taking this bold step. I can't wait to join the moving train. Bitcoin is the future.
|
|
|
OP, your communication style is quite interesting, but your posts suggest that you are already quite informed about the value of Bitcoin, its volatility, and all the pros and cons.
I'm feeling honoured for taking cognizance of my communication style. You're right about my little knowledge of Bitcoin, but I think I'm not set to invest yet. There's time for everything, for me, now isn't the right time to invest. Aloha 🕊️
|
|
|
I
How true is it? I want to ask the successful people here in this forum. What kind of rules or strategies that you guys use which led you to your success?
The truth is, there is no specific means of becoming successful in life. Your success and failure solely lyes in you. Dolly Parton would say in her song, coat of many colors: that one is poor only if they choose to be. There's no kind of business that isn't lucrative, the paramount thing there is the total amount of time you can invest in a certain business that determine your ROI. It may also interest you to know that the rich don't work for money, there got money to work for them. Stay focused that's the goal.
|
|
|
If you still uncertain about investing in Bitcoin then it's okay but keep in mind you may regret later for not buying at cheap price.
I think there's no time that's bad to invest in btc. What matters the most is; are you prepared to withstand the rollercoasters that accompanies Bitcoin investment. No hurry in life and perhaps I ain't no desperate about anything. One of my greatest achievements in life is this "forum", all I have dreamt of is gradually coming to reality. Nonetheless, my investment zeal is as well been triggered gradually. As a btc vendor, you must practice patience.
|
|
|
I believe it takes a million risk to invest in Bitcoin, still people are left with more than a million reason to take the risk. A lot of us especially the newbies are still skeptical investing, each with enough reason to invest and not to invest respectively. The core question here is; what triggers you to invest?...for myself, I haven't figured out any tangible reason why I should invest, solely because I'm yet to understand the nooks and crannies of the market fully. However, I'm working hard studying extensively to understand the market. I feel this great joy when one post his first time buying Bitcoin, I get this great zeal to buckle up and nurture the feeling of investing too, believing that one day, that which triggers the feeling to invest will come to manifestation. I envy every first timer Bitcoin buyer, cos I'm looking forward to being like them in no distance time.
|
|
|
I love your aura for investing. It takes a million convincing from your crews to be able to take the bull by the horn. I wish I'm you, I envy your courage to invest. Kudos the sky is only just the starting point. You'll never regret this great journey of yours
|
|
|
I have been pondering through these since last night trying to ascertain the core reasons the adoption of Bitcoin is intricate. To dilate the usage of Bitcoin let's take a look at this few following points of mine.
1. Trustlessness:
Risk is what comes to ones mind when you mention btc, people have been made and recked in the market. The trustless ideology have instill greatly in the mindset of the masses as well as the government authorities.
2. Bitcoins are not widely accepted:
Bitcoins are still only accepted by a very small group of online merchants. This makes it unfeasible to completely rely on Bitcoins as a currency.
3. Bitcoin valuation fluctuation:
The value of Bitcoin constantly fluctuate according to demand. Which currency should Bitcoin tied to when comparing valuation? These are still important questions the Bitcoin community still has no consensus over.
4. No valuation guarantee:
Since there is no central authority governing Bitcoins, no one can guarantee its minimum valuation. If a large group of merchants decide to “dump” Bitcoins and leave the market, its valuation will decrease greatly which will immensely hurt users who have a large amount of wealth invested in Bitcoins. The decentralized nature of bitcoin is both a curse and blessing.
It takes a strong mind to invest in this kinda system bearing all of these at heart. I do not blame anyone for any reason he or she has to jettison/adopt Bitcoin.
|
|
|
Hello everybody, how are you?
I just know that investing in Bitcoin is extremely profitable.
I'm glad to welcome you here my fellow newbie. First of all, Bitcoin is the first decentralized cryptocurrency whose main attribute is unpredictable, uncertain, volatile, vulnerable and amongst others. Having this at the back of your head in tells that everything concerning Bitcoin is risk. Bitcoin has made people, Bitcoin has as well recked people. It is extremely profitable when you understand the nooks and crannies of the market, on the other hand you'll experience greatest loss when you have little or no knowledge about the market thereby relying on your friends for guidance. Make extensive research before investing a dime to this kinda market. Its a two edge sword.
|
|
|
This is a great move Op. You're on your way to financial freedom. A journey of a thousand miles only begins with a step. If you're able to invest this same amount at least ones or twice a month bro a swear you'll have every right to be proud of yourself in the nearest future. Just remember, with patience, you'll cook stone eh go soften. Congratulations 🎉 it isn't easy.
|
|
|
One is poor only if they choose to be. The decision to HODL for a long time is solely in your hands. It's left for you to know if to buy in little fraction and DCA just as Michael Saylor is doing to Microstrategy. No body is going to take off this instability in holding your coin for a long time, it is only you, and yourself that is meant to emancipate yourself from such dismay. If your main intentions investing in btc is for financial independence, I'll say you clear such ideology from your head and see btc as it is; with its unpredictable, uncertain, volatile and decentralized nature aspect of it. BTC isn't a Ponzi scheme bro. You got all it take to emancipate yourself to financial independence. A $100 or $200 is going to play a vital role in this journey if you DCA.
|
|
|
People bantering the existence of Bitcoin must have a peculiar reason for doing so. Jamie Dimon has listed his own personal reasons, someone somewhere else also has a tangible reason he or she has to close down Bitcoin and cryptocurrency at large. This is not something we should undermine, cos for them to have a reason whatsoever to close down btc, btc must have done something wrong to them or they do not have any formal knowledge about the market. Any one who pose such impression shouldn't be fought by us the vendors cos what rocks my boat might sink yours. Aloha 🕊️.
|
|
|
My people talk say; them go look big heaps finish, plant am big yam Meaning: Before a task be given to you, you're already equal to the task
Dog go dey chop shit, goat teeth go dey decay Meaning: you're enjoying your life, people are busy castigating you
Eagle perch, kite perch. The one wey say the other one no go perch, em feather go break Meaning: you can't oppress any one of your kind and go scot free
Pikin wey him father send thief dey use leg break door Meaning: no child is scare having the backup of his father no matter how wrong he may be.
Person wey me and am follow dey hunt antelope done say my leg look like antelope own Meaning: betrayal
Chicken feather no dey ever lack for kite nest Meaning: something does not lack where it's suppose to be
I wish I can say more 😺
|
|
|
Profit and loss is what is expected in every business venture; Bitcoin or no Bitcoin investment. Loss could be the anchor that triggers your zeal to invest more and gather more experience to avoid further losses. On the other hand, loss can be the end of the road for you in the business venture, cos it may lead to depression and heartbreak. But I have come to realize, looking at the nature of Bitcoin and other altcoins, I have learnt not to invest what you cannot afford to lose. I stand a chance to be corrected
|
|
|
Those who have the fore eyes like this are the greatest investors in life, be it crypto or any other investment strategy. I envy him via his huge profit but no one know how many times he lost in the process. Time, patience and perseverance is the key to acquire such a huge amount in Bitcoin investment. Congratulations Michael and more grace to your elbow. I will say I would love to be like you, but deep down I don't know what had really trespassed all this years
|
|
|
Bitcoin is not an investment, it is a hedge.
Bitcoin is not vulnerable, it is the safest technology on the face of the earth.
Bitcoin is not uncertain, it is an evolution of money as we know it.
I think that for you and your friends what is missing is fundamentalist study. Because from what you wrote your knowledge about bitcoin is none.
You're actually far from the truth I must tell, you saying shit. However you may retwist it; Bitcoin is uncertain, Bitcoin is vulnerable, Bitcoin is volatile, Bitcoin is an investment. Use your head and forget what others say about the market cos these are the core attributes of Bitcoin and cryptocurrency in general. Copy and paste ain't gonna expand your scope about the market. My friends are right cos I talk out of sophistication. I have alot to unveil, yet you ain't here to learn from a dumbass like me. Aloha 🕊️
|
|
|
Trading is risky and investment must be done wisely. I recommend that you get some knowledge so you could do some analysis for yourself and check those signals before using them. This would help you have an idea of the risk your getting into. Always do a good background check up before investing in any project.
What's the essence of making analysis and extensive studies over something you can't predict its outcome. Yes! Its important to make researches and studies before you invest in such an unpredictable and vulnerable project, but deep down after investing, in the end you're left with little or nothing. Men are in a dark room controlling the market, that's my thoughts over this market intuitively.
|
|
|
Questions like this has popped out in several occasions and arguments concerning Bitcoin investment. My friends will say you must lose before you gain or rather have more experience investing in Bitcoin. If its how it work, Bitcoin isn't for a low income earner as well as not gonna make you rich when you can't invest something tangible to it. On the other hand people are been made big and wealthy in same program. What does it in tell, cos am quite sure people had already known what's going to happen in the market in the nearest future to give them the strong mindset to invest porously. My biggest fear is losing my hard earn to something as volatile, vulnerable and uncertain as btc. What's the possibility you invest without losing. Is it guaranteed in this kinda market?
|
|
|
[/quote] - they see bitcoin and other cryptocurrency as not trustworthy, as the value changes.
The truth is that cryptocurrencies are still in their infancy and its impossible to predict how they will evolve overtime. The greater the dominance of Bitcoin, the more fearful the market is and the lesser the Bitcoin dominance, the greater the crypto market becomes. It cannot be regulated, it is used by criminal, and it can help citizens circumvent capital controls; is amongst the greatest challenges facing government about Bitcoin. Twelve years ago after its inception, the world is still deciding what Bitcoin does as well as how it should be classified cos there have been lots of complications.
|
|
|
The world is still deciding what Bitcoin does as well as how is should be classified, after it's inception twelve years ago . Practically, Bitcoin isn't isolated from the traditional banking system because its price is supported by USD bank liquidity making its trade as a speculative asset rather than a currency.
Satoshi Natamoto envisioned Bitcoin as an alternative to traditional fiat currencies. If Bitcoin had been trading on its core value proposition - the ability to be your own bank - then Bitcoin would have rallied with rising bank uncertainty
After all, Bitcoin network suffers from scalability issues and high transaction fees, leading many to believe that Bitcoin is more of a store of value than an alternative form of cash. With Bitcoin and other cryptocurrency, we're faced with a more futuristic form of money
|
|
|
As a Bitcoin trader it is advicable to practice patience, the power of patience cannot be underestimated. It’s the key to success in a volatile market and allows investors to realize the potential of Bitcoin as a store of value and hedge against inflation. Bitcoin is not a get quick scheme and those who treat it as such will likely suffer loses. Being patient allows traders to observe the market trends, analyze the market's behavior, and make informed decisions.
|
|
|
|