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Author Topic: Shall we be afraid of bitcoin ?  (Read 800 times)
Cling18
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January 18, 2018, 07:30:49 PM
 #81

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


Why should you fear the currency that would give you so much hope for a brighter future. Every online money is risky. Even all the investment sites are risky. All you need is a strong and positive mind. If you're willing to take all the risk, the result will be great soon. There is no shortcut to success and you always need to be a positive person.
Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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myhometalk
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January 18, 2018, 07:31:20 PM
 #82

Afraid? Of what? LOL!
Rath_
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January 18, 2018, 09:13:03 PM
 #83

We definitely should not be afraid of Bitcoin. Bitcoin is a huge chance for us to finally get rid of banks which keep life savings of money people "securely". Cryptocurrencies with limited supply are great for getting rid of inflation. Not enough coins? Instead of adding new ones we could add more decimals by introducing a hard fork. It sounds safe and easy, doesn't it? Right now, only banks, governments are afraid of Bitcoin because it can be a threat to current system.
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January 18, 2018, 09:32:00 PM
 #84

Your will be afraid if your not risk taker. The bottom line is if you want to succeed learn how to risk so dont be afraid in bitcoin just do it wisely Smiley some of the millionaire they risk they money even thou the price go down they hold it because they not afraid in bitcoin. Smiley

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January 18, 2018, 09:36:48 PM
 #85

I don't think you need to be afraid if only you invest your spare money the mony you can afford to loose without causing you discomfort in any part of you financial, and family life. Bitcoin has rise above expectations in 2017 and bitcoin still has the potential to do more in this year 2018 but we should not also forget the fact that bitcoin price is always volatile and at that it can not keep going up always it will get to a point when the price will still drop down.
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January 18, 2018, 10:38:13 PM
 #86

Bitcoin should not be afraid, but always be aware of the possible risks of investing in it. I mean that if bitcoin rises too much in price, at the same time, the risk of its rapid depreciation increases, as it grows in value due to increased demand for it and has nothing to do with increasing its intrinsic value. When bitcoin reaches its highest point, the demand for it will drop sharply and at the same time it will sharply fall in price. Then it will be important not to be in the last cars.

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January 18, 2018, 10:45:25 PM
 #87

I don't think you need to be afraid if only you invest your spare money the mony you can afford to loose without causing you discomfort in any part of you financial, and family life. Bitcoin has rise above expectations in 2017 and bitcoin still has the potential to do more in this year 2018 but we should not also forget the fact that bitcoin price is always volatile and at that it can not keep going up always it will get to a point when the price will still drop down.
I agree there is no real reason to be afraid of bitcoin and as long as you only invest the money that you don't really need then there is no need to stress about it. And even then i think that there is a really small chance that you will lose some money i think you will get easy money by just being patient.
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January 18, 2018, 10:48:20 PM
 #88

I think that as long as that wealth is obtained legitimately, without causing harm to anyone, we should not have any objection to the profits generated by bitcoin, although many seem to be against it and seek to disqualify these new rich.

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January 18, 2018, 10:48:40 PM
 #89

Why we should afraid about bitcoin? From the first I know about bitcoin till now, I don't afraid about it. I got some profits from bitcoin, so why I should afraid about it? Maube some people afraid about the price, the risk and so on. Hey dude, don't worry about anything. You can't get more if you just worried about it.

Bitcoin is providing us with the unique technology that we must believe in if we want to become a part of the future that is using that same technology. Fear is something that we must forget about because the people with the fear towards the Bitcoin are obstructed in some kind of way. They don't see the potential that this wonderful coin has. Without the fear much can be achieved and gained.

Bitcoin can bring, besides the technology that is constantly improving, the much-desired profit on our hands if we wish it. There is always a risk in everything that includes the money- centralized or decentralized but with the investment and supporting the bitcoin can become a new payment system that will be implemented everywhere if we will embrace it with our open hands.

Don't be afraid of the unknown because the unknown things can bring you the nice amount of the desired profit in the end. Try to put your fear aside!

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January 18, 2018, 10:50:13 PM
 #90

This is wrong. Smiley No one needs to be afraid of it. Learn about it, get a grasp of everything and then after that there is no need to be afraid any more. When you learn what this whole "crypto fuss" is all about it will be easier and much less speculative. Smiley

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January 18, 2018, 10:52:43 PM
 #91

I don't think you need to be afraid if only you invest your spare money the mony you can afford to loose without causing you discomfort in any part of you financial, and family life. Bitcoin has rise above expectations in 2017 and bitcoin still has the potential to do more in this year 2018 but we should not also forget the fact that bitcoin price is always volatile and at that it can not keep going up always it will get to a point when the price will still drop down.
I agree there is no real reason to be afraid of bitcoin and as long as you only invest the money that you don't really need then there is no need to stress about it. And even then i think that there is a really small chance that you will lose some money i think you will get easy money by just being patient.
Precisely, there's nothing to be afraid of but rather to be aware on your surroundings. Bitcoin is not that bad, because it is made for online transaction such as trading and investment. Bitcoin is risky but if we didn't take the risk then there's no profit, yet the more risk the things is the more profit you'll get.

Finestream
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January 18, 2018, 10:59:25 PM
 #92

I think that as long as that wealth is obtained legitimately, without causing harm to anyone, we should not have any objection to the profits generated by bitcoin, although many seem to be against it and seek to disqualify these new rich.
Exactly!We earn bitcoins through our best efforts and hardworks,and not in an illegal way.I never see bitcoin as a bad influence to the people,indeed it's a blessing that we should be thankful instead.I understand those people who never understand bitcoin from the start are the ones who made a fool against bitcoin and it's their choice also.But we as bitcoiners should live our life to the fullest from the huge profits we earn from bitcoin.

joan26
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January 18, 2018, 11:04:29 PM
 #93

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
I don't think you need to be afraid if only you invest your spare money the mony you can afford to loose without causing you discomfort in any part of you financial, and family life. Bitcoin has rise above expectations in 2017 and bitcoin still has the potential to do more in this year 2018 but we should not also forget the fact that bitcoin price is always volatile and at that it can not keep going up always it will get to a point when the price will still drop down.
I agree there is no real reason to be afraid of bitcoin and as long as you only invest the money that you don't really need then there is no need to stress about it. And even then i think that there is a really small chance that you will lose some money i think you will get easy money by just being patient.
Precisely, there's nothing to be afraid of but rather to be aware on your surroundings. Bitcoin is not that bad, because it is made for online transaction such as trading and investment. Bitcoin is risky but if we didn't take the risk then there's no profit, yet the more risk the things is the more profit you'll get.

I agree to them, as long as you know what is bitcoin and it's disadvantages you don't have to be afraid of it.
You just have not to be greedy with it and just invest what you can afford to lose.
In the fact that bitcoin brings us here there us nothing to be afraid of.
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January 18, 2018, 11:11:10 PM
 #94

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
Why be afraid while people can produce fruit from bitcoin, I personally believe with bitcoin and the benefits in it but I'm also not afraid of anything while I do not make mistakes. People who are afraid have a mistakes so that he feels afraid.

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kitkat04
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January 18, 2018, 11:19:09 PM
 #95

Be wary, but no afraid! High risk and high reward..
Very well said man!  Bitcoin is like a tire of a car. It is sometimes on the top and sometimes it is one the bottom. What I am trying to say is the world is oblate spheroid we cant predict what will happen. But let us trust the bitcoin. I am very sure that bitcoin value will rise up again.

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January 18, 2018, 11:43:52 PM
 #96

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.

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January 18, 2018, 11:49:02 PM
 #97

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.
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January 18, 2018, 11:59:30 PM
 #98

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.

People who are afraid and do not dare to take risks, then must go from cryptocurrency. Big risk big profit, is not it?
If panic just because the price is easy to change, then the person has not studied correctly what is cryptocurrency.

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January 18, 2018, 11:59:34 PM
 #99

Be wary, but no afraid! High risk and high reward..
The thing that you are right, everything that brings profit is risky. Altcoin offers great rewards such as Bitcoin with high risk so we should pay attention to it so that we can control and make decisions.
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January 18, 2018, 11:59:55 PM
 #100

Don't be afraid. I know that there's a big risk involve but I am thankful that bitcoin came into my life because bitcoin gave us the opportunity to earn profit out of it.

I agree with you.  I am also thankful too.  It really inspired me to be more responsible husband to my wife and good father to my children. I want to provide them what they want.  I am so thankful for knowing this kind of earning and. investment.  Such and blessings from our Lord.

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