Shall we be afraid of bitcoin ?

[sparveenat]

In India there is a saying "JO DARGAYA WOH MARGAYA" meaning is who ever afraid they are considered as dead. So nothing to fear are afraid about bitcoin. As we are practically seeing that bitcoin is giving best returns as well it is the best performing cryptocurrency so nothing to worry about bitcoin yes there is ups and downs but it is the nature and we have to chose the right thing in right timing.

[chuongvannguyen02]

Do you think people understand that it is just money changing hands like if you were making and selling new paintings ?

I wrote an article about it here: https://medium.com/@netcashfx/bitcoins-wealth-is-not-a-threat-152b1a90489d

As the market goes down, many become panicked by the volatility. The market went down too long for a long time to affect psychology investors do not invest in it for fear of risk.

People always panic, that's why if you're one of the smart ones who doesn't panic you can profit of other people's fears. It sounds quite horrible when you put it like that but that's the way that it is.

The fear of dogs makes the weak. People who control their feelings will become rich and make the right decisions at the moment of decision. Those who are afraid of risk and give up early should not participate in crypto.

[Rubble898zaitO]

Anything with risk has an amount of unrealized fear with it. But living is risking anyway. We can only try to mitigate or avoid it. The high risk with investing in bitcoin can be mitigated by also investing your money in some other things like stock exchange, a new business or even trying out some other altcoins. You need to spread your investment.

[Rossy Akbar]

Well,  I don't quite understand what will make you affraid of, maybe the scarest thing about bitcoin is when you know how to earn btc then there is some issues that said your government will ban bitcoin, because they think that the btc is an unvalid currencys.

[FUD Expert]

Middelmen are the ones who are going to be so afraid of bitcoin. The investors should'nt be afraid or even how depressing the dip that's happening right now because we will all win in the end.

[menggay16]

Many investor have investing in bitcoin right now and the other for altcoins, maybe we have the answer if we should be afraid of bitcoin.

[buggy]

No, but be wise and wary. In investing we all know that its risky but we have to try the risk for us to earn but need to limit the amount we are going to risk for in the end you not loose big amount. Or in a good way around if the perfect timing if good higher profit awaits.

[Invester]

Do you think people understand that it is just money changing hands like if you were making and selling new paintings ?

I wrote an article about it here: https://medium.com/@netcashfx/bitcoins-wealth-is-not-a-threat-152b1a90489d

With paintings, there is something that is found in the real world which you are selling, which you can hang at the wall of your house and be amazed at its beauty. With Bitcoin, everything is pretty much agreed upon. There is really nothing in the real world which Bitcoin represents, except perhaps some ideals and desire to create some kind of a better deal in the world. But for as long as the people believe in its ideals, Bitcoin will remain strong.

[capsicumpepper]

For some people must have an excessive fear of bitcoin, because they are afraid of losing their money when bitcoin prices are down, but that's just some people, the fact is now people are still continuing to invest with bitcoin. Because only people who dare to bear the risk and believe that will continue to invest money in the form of bitcoin.

[swsw098222]

in my opinion,we dont need to worry about bitcoin.bitcoin will live for long and its value and usage is increasing day by day and in future it will be the world digital currency.

[bololord]

People fear what they cannot understand, if only they will be informed of the advantages and perks of having invested in bitcoin, they would surely buy one! People just needed to be informed and educated about the qualities of bitcoin.

[SummonKing2]

Do you think people understand that it is just money changing hands like if you were making and selling new paintings ?

I wrote an article about it here: https://medium.com/@netcashfx/bitcoins-wealth-is-not-a-threat-152b1a90489d

We should not be afraid of bitcoin because we will earn money when you withdraw it. What you should fear is website scammers and not bitcoins. Fiat is a term used to describe the conventional currencies that are issued by governments. Fiat  currencies have value because governments say that they do. To an increasing number of people, that promise means nothing.

[Ray3z]

Yes its to risky to buy now as there are lots of bad possibilities. CME millionaires might dump it.  And look at the chart. Its not good.

Do you think people understand that it is just money changing hands like if you were making and selling new paintings ?

I wrote an article about it here: https://medium.com/@netcashfx/bitcoins-wealth-is-not-a-threat-152b1a90489d

If you see the price 2 days ago, you will be more afraid to hold your bitcoin.
As our experience, holding is the best way to go back and gaining profit next future.

[Gemma mae]

No we will not afraid in bitcoin because in bitcoin we are secure based on the experience of my friend based on her experience i can fully trust in bitcoin.

[Zeque02]

Being afraid is normal feeling we felt most especially if it is new to us. But it will vanished when we see proofs and get the information from our closest friend. In short, to stop those negative feelings better be knowledgeable about it before joining or investing Bitcoin.

[lyks15]

No you should not be afraid at bitcoin. As long as you know what you are doing you dont have to be afraid.Remenber bitcoin is business. And when you managing your own business you dont have to be afraid. Just know your business and make sure you apply all your business knowledge and strategy to stay your business alive. You dont have to afraid unless you need to be thankful of bitcoin because of your income coming from bitcoin you can provide their daily needs and other expenses. Just in have a continue learning to secure your investment.

[newb-dev]

We should definitely not be afraid of bitcoin. Like you've said, it's just money, different money that we were used with

[katarin2030]

No we will not afraid in bitcoin because in bitcoin we are secure based on the experience of my friend based on her experience i can fully trust in bitcoin.

No question of afraid about bitcoin as it is the top rated cryptocurrecy why should someone afraid. Few people are feeling it because of price drop in bitcoin and that is not permanent it is expected to pump up again in coming days. Bitcoin gives economically secured feeling for it's users.

[mafral]

No, we shouldn't be afraid of bitcoin, we need to accept it and take advantage of what it provides us. As your article says, confidence is growing and making bitcoin more valuable, and that can be used to improve the economy that's so fragile right now in some countries.

[derigop]

There is no reason to be afraid in bitcoin. You must be afraid of the people who want to scam your bitcoin. They are the ones you must be afraid of. Just be careful to the people you are transacting in bitcoin.