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Author Topic: Should I believe in Bitcoin ?  (Read 219605 times)
LOUISEBIT
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January 31, 2017, 09:27:22 AM
 #2341

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy  , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?
In my opinion if you are afraid to invest all your money into Bitcoin better then half of the total invested your money in Bitcoin. And the other half you can use to invest in other businesses.
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Matthias Green
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January 31, 2017, 10:08:27 AM
 #2342

The concept of "believing" in a currency is worse than believing in some scam, IMHO. In case of scam you just don't have anything else to count on. BTC though has already established itself. There are plenty of instruments to estimate risks and if there is will to risk there's not much faith needed, rather confidence.
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January 31, 2017, 03:32:29 PM
Last edit: January 31, 2017, 09:27:46 PM by markyminer
 #2343

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy  , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?

You don't need to have a doubt in bitcoin actually. In fact, there are more businessman or other investors who put there investment into bitcoin more than the amount you have now, so what makes you different with them. Only things is they never doubt on it instead, they are totally believed in bitcoin itself.

Different people thinks differently and have different perception about bitcoin and people who have faith in the potential of bitcoins will not hesitate in investing huge amount of money into it as they are pretty confident that bitcoin will survive long and will give best returns if they wait for the right time to sell bitcoins and a person who is afraid of investing will never experience what profits is all about.
i think those people who are not believing bitcoin will certainly do it in future when bitcoin will become an essential part of our life. i think those people who know about bitcoin know the importance and value of bitcoin. it is now becoming more and more importance for your life because the trend of people i now changing from fiat to crypto emergency.

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January 31, 2017, 09:53:05 PM
 #2344

The concept of "believing" in a currency is worse than believing in some scam, IMHO. In case of scam you just don't have anything else to count on. BTC though has already established itself. There are plenty of instruments to estimate risks and if there is will to risk there's not much faith needed, rather confidence.
Yes you should believe in bitcoin because bitcoin is increasing price day by day bitcoin in more stronger and safer currency  then other currency and money people are investing money in bitcoin, bitcoin will give us big profit in the future so u should strongly believe in bitcoin.

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January 31, 2017, 10:23:02 PM
 #2345

depending on your choice. if you really want to make a profit of bitcoin, you have to trust it. so, you can produce a bitcoin, and make decisions without hesitation, because you have to believe bitcoin. Well, trust half will only confuse you someday.

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January 31, 2017, 11:06:08 PM
 #2346

depending on your choice. if you really want to make a profit of bitcoin, you have to trust it. so, you can produce a bitcoin, and make decisions without hesitation, because you have to believe bitcoin. Well, trust half will only confuse you someday.
if you want to invest in bitcoin. You must be confident and believe in bitcoin. because without it you will feel fear and anxiety when investing in bitcoin. and of course it will harm you
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January 31, 2017, 11:27:50 PM
 #2347

depending on your choice. if you really want to make a profit of bitcoin, you have to trust it. so, you can produce a bitcoin, and make decisions without hesitation, because you have to believe bitcoin. Well, trust half will only confuse you someday.
if you want to invest in bitcoin. You must be confident and believe in bitcoin. because without it you will feel fear and anxiety when investing in bitcoin. and of course it will harm you
In the concept of Investing "trust" must be the least of your concerns because trusting something in Investment can lead you into bad places. For example is when a stock your holding is going down but you trust that it will go back up again, but you soon realize that you are now in a bad position because you have trusyed something wrong.
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February 01, 2017, 01:15:59 AM
 #2348

depending on your choice. if you really want to make a profit of bitcoin, you have to trust it. so, you can produce a bitcoin, and make decisions without hesitation, because you have to believe bitcoin. Well, trust half will only confuse you someday.
if you want to invest in bitcoin. You must be confident and believe in bitcoin. because without it you will feel fear and anxiety when investing in bitcoin. and of course it will harm you
Yes I agree with your view, if positive thinking we are not there then we will lose out, that's what we think will happen. I strongly believe in the power of the mind, so every day I'm thinking positive. Currently, bitcoin is a very awesome, a lot of slow-moving investment even down, but quite the contrary, bitcoin is very profitable. I strongly believe that the price of the bitcoin can still go up again, in my estimation this year is $3.500. so I'm willing to buy a bitcoin.
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February 01, 2017, 01:44:11 AM
 #2349

You should be!!! We already saw what bitcoin can do. Some already change thier lives because of bitcoin. And im waiting for bitcoin to change my life too. Hoping that my country will not ban bitcoin.
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February 01, 2017, 02:34:48 AM
 #2350

You should be!!! We already saw what bitcoin can do. Some already change thier lives because of bitcoin. And im waiting for bitcoin to change my life too. Hoping that my country will not ban bitcoin.
While it has change the life of some for the better many are also suffering with loses due to bad trading technique and gambling. We are not destine to be all profitable as bitcoin was not created to give us income but as a means that we can use online for our transaction. The only advantage we have is we are in the early stage and we can explore opportunities that could give us great income.

R


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February 01, 2017, 05:03:46 AM
 #2351

You should believe, that's the main reason why we are here in bitcoin world. Because bitcoin now is very popular in the other country, especially in China, Russia, UK, US, Canada, Singapore, India and etc. Bitcoin is really trending now in the internet.
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February 01, 2017, 07:57:10 AM
 #2352

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy  , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?
In my opinion if you are afraid to invest all your money into Bitcoin better then half of the total invested your money in Bitcoin. And the other half you can use to invest in other businesses.

No one should invest all their money into one sector (in this case being bitcoin). That is too risky to do in case prices fall all of a sudden and you can easily lose a lot of money. Its better to diversify the investments.

You should buy coins at lower prices, so wait for prices to fall near a target price.

Again any real life business, gold, real estate are better investments than online ones. But you have make  proper decisions yourself otherwise you will never learn about who to invest properly.

R


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LOUISEBIT
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February 01, 2017, 09:17:51 AM
 #2353

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy  , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?
Try to buy You never know what will happen if you never try .Try to invest in Bitcoin is a good thing because the value of Bitcoin has good prospects in the future let's invest in Bitcoin now
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February 01, 2017, 09:33:31 AM
 #2354

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy  , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?

First of all, Bitcoin is not a product offered by any organisation, nor any investment scheme. It is a currency, the currency that you one hold is completely loyal to you. I mean you will be the sole owner of it.
And about fear to loose money, if you mean as a currency then let me tell you Bitcoin is development which will never be abandon. Whereas if you meant your dollars then let me tell you-
Bitcoin is best performing asset over last 2 years.

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February 01, 2017, 09:55:39 AM
 #2355

You should be!!! We already saw what bitcoin can do. Some already change thier lives because of bitcoin. And im waiting for bitcoin to change my life too. Hoping that my country will not ban bitcoin.

Every bitcoin fan has the same feeling that one day government will ban bitcoin. Some people are not in a deciding position whether to believe it or not. Completely half minded, after investing what will happen to bitcoin, inner fear we cannot erase.

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February 01, 2017, 10:03:26 AM
 #2356

You should be!!! We already saw what bitcoin can do. Some already change thier lives because of bitcoin. And im waiting for bitcoin to change my life too. Hoping that my country will not ban bitcoin.

Every bitcoin fan has the same feeling that one day government will ban bitcoin. Some people are not in a deciding position whether to believe it or not. Completely half minded, after investing what will happen to bitcoin, inner fear we cannot erase.

Except switzerland :-) They are quite bitcoin-friendly at the moment.
And I guess it's becoming such a big  business it will soon be impossible to ban. There's already a lot of invested money and it's creating jobs.
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February 01, 2017, 12:17:24 PM
 #2357

You should be!!! We already saw what bitcoin can do. Some already change thier lives because of bitcoin. And im waiting for bitcoin to change my life too. Hoping that my country will not ban bitcoin.

Every bitcoin fan has the same feeling that one day government will ban bitcoin. Some people are not in a deciding position whether to believe it or not. Completely half minded, after investing what will happen to bitcoin, inner fear we cannot erase.

Except switzerland :-) They are quite bitcoin-friendly at the moment.
And I guess it's becoming such a big  business it will soon be impossible to ban. There's already a lot of invested money and it's creating jobs.
Our support is very important, let us show to the world that bitcoin is very useful only if people will be aware of this revolutionary technology. We will continue to spread the good news and hopefully the government will hear us out and make a regulation that is not so strict to favor us.

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February 01, 2017, 03:29:12 PM
 #2358

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy  , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?

First of all, Bitcoin is not a product offered by any organisation, nor any investment scheme. It is a currency, the currency that you one hold is completely loyal to you. I mean you will be the sole owner of it.
And about fear to loose money, if you mean as a currency then let me tell you Bitcoin is development which will never be abandon. Whereas if you meant your dollars then let me tell you-
Bitcoin is best performing asset over last 2 years.

I think what he meant about losing money is when the price of bitcoin goes down. Every bitcoin investor, or every investor in general, is always cautious about the negative side of things. There's no investment that guarantees profit. There are some investments that say that you can surely earn from them but most of them use that statement to attract investors and they're usually the ones that are scamming people. If I'm going to encourage someone to invest in bitcoin, the first thing that I'll say is that even if he's in this for the long haul, there's still no assurance that he'll get profit. Just take a look at the people that bought bitcoins at 1,200$ back then. Up to now, they haven't earned any profit yet if they're just plainly holding it.

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February 01, 2017, 04:51:19 PM
 #2359

Off course we should  believe in bitcoin because it is just like real money after exchanging from bitcoin traders or btc bank.

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February 02, 2017, 10:50:46 AM
 #2360

Off course we should  believe in bitcoin because it is just like real money after exchanging from bitcoin traders or btc bank.

First of all there is no such thing as bitcoin "bank". Bank is something associated with the government and bitcoin is totally against it. Moreover it is not so easy to sell bitcoin for fiat since you need to pay taxes and also the cost difference of buy and sell prices is very high in local exchanges in our country, I dont know about others.

I think people should use bitcoin but believing is bitcoin is like accepting bitcoin as the only and only currency - that wont happen soon.

R


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