Mindset change : What I’ve learnt since joining this forum

[Perfectbaby]

6. I’ve seen a lot of posts that want to make me start buying bitcoin, I mean the way guys talk about bitcoin I feel I’ve been missing out a lot. Why didn’t I just pick interest when I first heard of bitcoin.., yeah it’s been ages I should have been a billionaire by now.


I believe there are loads of informations in the forum and anyone willing to study or learn will find it exceedingly useful.

Of course forum is a place to share more resourceful information and if you are that interested in reading you could get encouraged to invest in Bitcoin, usually a forum like this is to encourage people to invest in Bitcoin since they are basically meant for Bitcoin discussion and everything you would be hearing here is sound of encouragement.
Investment is what mostly being preached over here and how to secure your investment for long term or short term but with a better wallet to safeguard your investment.

[Webetcoins]

I’ve learned that patience pays a reward in the end. While it’s normal to be greedy when opportunities start to be visible, but I realized that not all opportunities are meant to be taken, but some are here to make you lose and regret after. Most particularly in trading where sometimes we fail to assess when is the perfect timing for an entry and when to make the best exit.

Instead, create a calm version of yourself. Don’t be greedy and impulsive, but study and analyze the market well,  before you take decisions that will most likely create a positive outcome.

That is true, long term has always won so far, and yet people are still looking for a quick way to make money. Even when you tell people and show them proof of how they could make money, they still decline it.

I have heard "it's too late for bitcoin" so many times, and I am not sure how much it has increased since first time I heard about it, probably about 100x higher since then.

Last one was the last peak, which was a bit over sixty thousand, and then people said it is too late to make money from bitcoin, then what happened? I can tell that it went under 20k and over 120k, which is nearing seven times the money.

If you have done that, you would have seven times more money in two years. So, it is clear it is not too late, as long as you can found the bottom and the top.

[justdimin]

long term has always won so far, and yet people are still looking for a quick way to make money. Even when you tell people and show them proof of how they could make money, they still decline it.

I have heard "it's too late for bitcoin" so many times, and I am not sure how much it has increased since first time I heard about it, probably about 100x higher since then.

Last one was the last peak, which was a bit over sixty thousand, and then people said it is too late to make money from bitcoin, then what happened? I can tell that it went under 20k and over 120k, which is nearing seven times the money.

If you have done that, you would have seven times more money in two years. So, it is clear it is not too late, as long as you can found the bottom and the top.

Wish more people knew that. I am so sick and tired of seeing people who are dooms calling and constantly fearing whatever happens. It's really getting to a point where it's feeling way too annoying than it should be. I know I should not care about what other people think, but whenever these people make a big deal out of this, I end up with something way more than I should, now it's becoming like I am getting angry, which makes no sense, why do I get angry at peoples reactions to bitcoin price dropping, I shouldn't be.

But I am so sick and tired of it, bitcoin didn't even drop %10, and yet people acted as if it was end of all days, that makes me furious, it's a normal correction, happens all the time, and yet they are still not used to it after 15 years.

[tvplus006]

...But I am so sick and tired of it, bitcoin didn't even drop %10, and yet people acted as if it was end of all days, that makes me furious, it's a normal correction, happens all the time, and yet they are still not used to it after 15 years.

Obviously, this is due to the fact that many traders and investors keep thousands of different altcoins in their wallets, which at one point lost 50-80% of their value. And there has never been such a drop for altcoins, even when BTC was correcting by 30% per day.

[tbterryboy]

This forum is specifically designed for blockchain enthusiasts. You will get a lot of new updates and knowledge here if you plan to stay active. Trading is just one of the major subtopic but you also have a lot of other major topics where you can learn about blockchain, mining, altcoins, various methodologies to earn with blockchain and how to stay vigilant when it comes to scams and frauds.

If you are planning to start your trading journey as well than yes, I would recommend you to browse through this section and get yourself used to it as you are really going to find a lot of productive information here which might take hours to go through but even minute spent here will give you some knowledge which can make you a better trader in future. Just do not follow everything and try to learn from other's mistake. People are always open to help here so if you have any doubts, do not hesitate to come back here as it will be answered swiftly.

[doomloop]

long term has always won so far, and yet people are still looking for a quick way to make money. Even when you tell people and show them proof of how they could make money, they still decline it.

I have heard "it's too late for bitcoin" so many times, and I am not sure how much it has increased since first time I heard about it, probably about 100x higher since then.

Last one was the last peak, which was a bit over sixty thousand, and then people said it is too late to make money from bitcoin, then what happened? I can tell that it went under 20k and over 120k, which is nearing seven times the money.

If you have done that, you would have seven times more money in two years. So, it is clear it is not too late, as long as you can found the bottom and the top.

Even now people say the same as bitcoins have crossed $100k, they feel like it is too late to invest into bitcoins. But this will be changed in a couple of years when we see bitcoins close to a million dollar. People always find a way to safeguard their money by giving false hopes and are hardly willing to take risk. I am very much positive after making his research on this forum, OP will plan on getting bitcoins just to hold for a longer duration or maybe will even start with DCA which will make him believe in long term growth.

There is nothing like get rich quick scheme and everything that seems or looks like one is most probably a scam which is going to end up bad. Getting rich takes efforts, time and most importantly, risk.

[Agbam]

1. The forum is filled with a lot of informations about bitcoin, financial management and some valuable experiences shared by users… doing a research here might even be better than using Google

Emphasis on "might" because you still need to be careful of the information you get from the forum; not all information from all persons is 100% correct, and you still need to verify some of the things you read here from other sources.

2.Bitcoin is not only for the rich:

The opportunity that anyone can invest in Bitcoin is what makes it attractive because you do not need to wait till you have a large sum of money to be able to invest in it, just like some other investments offer, but with your little amount of money, if you stick to a viable strategy like DCA and stay disciplined, you'll be able to profit from Bitcoin in the long run.

Yeah what you’ve said is true, I’ve seen genuine and decent informations here than any other forums I’ve been on, there a lot people with diverse experiences and intellects sharing firsthand knowledge and I think that’s better than theoretical knowledge. I’ve also learnt the hard way to always do my own research after getting an information to cross check.
Yeah by the month’s end I’ll be starting a DCA journey into Bitcoin, I don’t wanna be on the sidelines anymore.

[Kelvinid]

1. The forum is filled with a lot of informations about bitcoin, financial management and some valuable experiences shared by users… doing a research here might even be better than using Google

Emphasis on "might" because you still need to be careful of the information you get from the forum; not all information from all persons is 100% correct, and you still need to verify some of the things you read here from other sources.

2.Bitcoin is not only for the rich:

The opportunity that anyone can invest in Bitcoin is what makes it attractive because you do not need to wait till you have a large sum of money to be able to invest in it, just like some other investments offer, but with your little amount of money, if you stick to a viable strategy like DCA and stay disciplined, you'll be able to profit from Bitcoin in the long run.

Doing DCA with bitcoin is actually the best decision one can do to easily increase his amount of bitcoin. Regardless of the amount you have, and regardless of the current price of bitcoin, anyone can freely invest regularly and hassle-free, that’s how convenient bitcoin is. It’s not limited nor to the poor or to the rich, but it’s for everyone’s investment. So if you can maximize your DCA with bitcoin, you will also reap a more impressive amount in the future. Patience and determination are the keys to make a successful and profitable investment for bitcoin.

[ancafe]

Good day everyone this is my first post here, I’m glad to be amongst great minds.
I’ve read the post about the forum rules and what newbies should know about the forum. Yeah I’ve been roaming the forum since I joined, doing a lot of reading and exploring the informations available here.
It’s really been enlightening for me, there are some things I’ll like to point out ;-

Some of the things you've said may be general and not specific to Bitcoin, and I think that's much better because it trains you to write and discuss. This forum was created for Bitcoin, but there are a variety of topics to discuss because we have so many users joining every year. I'm not commenting on other issues, but I like seeing new people write something in a simple and easy-to-understand way because sometimes most newbies try to appear more knowledgeable.

If you want to buy Bitcoin, perhaps the simple steps you need to know about buying and storing it are simple. You can also learn some buying strategies to make it easier for you to participate consistently. There is no need to rush because there is still plenty of time to learn so that you can gain more insight or even surpass us who may have been on this forum a little longer.

[mustapha67]

I have simultaneously learnt varieties of knowledge since I became part of this forum. Amongst the benefits are:

1. Information: Information is one of the basis of life. As a newbie, I have the awareness of how to invest, and how to manage my investment in order to benefit from it.

2. Bitcoin is for All: Most time in life, people tend to categorized humans, relating their strength, and weakness, positions, or levels. But here in Bitcoin, whether you are wealthy or poor, you can invest.

3. Hint on Trading: I also have little idea about trading. The technicalities in trading, and business psychology etc.

[passwordnow]

Anyone who's eager to learn will definitely learn a lot from the forum. Think of it that all of us have to start from somewhere else and have no idea of what bitcoin was and the crypto market and even trading. But as you stay here, just like what you have learnt op. We also learned that investing isn't only for the rich, owning bitcoin isn't only for the early adopters and investors but it is for everyone who's eager to have it. And, earning in the crypto market isn't only with trading but there are so many ways that we can ever imagine.

[hd49728]

Anyone who's eager to learn will definitely learn a lot from the forum. Think of it that all of us have to start from somewhere else and have no idea of what bitcoin was and the crypto market and even trading. But as you stay here, just like what you have learnt op. We also learned that investing isn't only for the rich, owning bitcoin isn't only for the early adopters and investors but it is for everyone who's eager to have it. And, earning in the crypto market isn't only with trading but there are so many ways that we can ever imagine.

Anyone want to learn can find what they need for learning as it is not too hard for finding such learning resources including pinned topics.
Newbies - Read before posting.
[Mega resources for newbies] Check here, find most of your need, before asking.
There are more sticky threads that are helpful threads for newbies to start, read and learn as they lead to other education resources for learning too.
[Bitcointalk sticky threads] Newbies - read before starting.

This is a Trading board so let me share some resources on trading.
Awesome cryptocurrency trading.
Learn cryptocurrency trading.

[passwordnow]

Anyone who's eager to learn will definitely learn a lot from the forum. Think of it that all of us have to start from somewhere else and have no idea of what bitcoin was and the crypto market and even trading. But as you stay here, just like what you have learnt op. We also learned that investing isn't only for the rich, owning bitcoin isn't only for the early adopters and investors but it is for everyone who's eager to have it. And, earning in the crypto market isn't only with trading but there are so many ways that we can ever imagine.

Anyone want to learn can find what they need for learning as it is not too hard for finding such learning resources including pinned topics.
Newbies - Read before posting.
[Mega resources for newbies] Check here, find most of your need, before asking.
There are more sticky threads that are helpful threads for newbies to start, read and learn as they lead to other education resources for learning too.
[Bitcointalk sticky threads] Newbies - read before starting.

This is a Trading board so let me share some resources on trading.
Awesome cryptocurrency trading.
Learn cryptocurrency trading.

Thanks for sharing those links and resources inside and outside the forum. Anyone who's aspiring to become a trader can source out their knowledge from those topics. And let them decide for themselves if it's going to be for them and trading could be a thing that they truly are interesting. There's more to knowledge and also it's about how to maintain their emotions because if they're not good at controlling, they have to reconsider their plans.

[Oluwa-btc]

There has been a lot of value from joining this forum, everything ranging from skills, experience and lots more useful activities.There's always a lot more to learn whenever you come here,this forum is a place for learning,where challenges become opportunities,mistakes become lessons,and learning becomes a lifelong habit.