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Author Topic: hesitant about investing in Bitcoin.  (Read 903 times)
Angel of Death (OP)
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February 08, 2019, 06:20:33 PM
Last edit: February 08, 2019, 06:32:15 PM by Angel of Death
 #1

Hello, everybody, friend ...?
Sorry I'm a newcomer, at the BitCointalk forum, I don't know much about Bitcoin, but I've heard a lot about Bitcoin, especially in print and electronic media,
in one day I read about Bitcoin information in this forum, I am confused where to start, because I see many good, positive and negative posts.
For example:

Positive side:
1. Topic: Working for Bitcoin
2. Topic: Bitcoin ATM's are popping up

Negative side:
1. Topic: Will Bitcoin collapse by a global government crackdown

2. Topic: Five Reasons Bitcoin Should Be Closed Down

So I was a little hesitant in investing in Bitcoin, of course because I was confused between good and bad, but I was still sure.
What I want to ask the old seniors and understand the phenomenon of bitcoin in the future, whether I continue to invest in my estab lishment or not ...!

for reasons of the above posting factors. (thank you).
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February 08, 2019, 06:28:46 PM
 #2

I think everyone has an idea about Bitcoin. And Bitcoin is a decentralized crypto asset. So It is so normal thing this positive and negative ideas. You should read, learnd and research about Bitcoin and other coins. And create your ideas. Real important thing it is.

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February 08, 2019, 06:43:32 PM
 #3

If you believe everything you read on line you will get mislead because all what you read online and on the forum are all people opinion about bitcoin and so many factors can influence one's thought such as a lost to scam using bitcoin and FUDS being spread to discredit bitcoin. The best thing to do is to carryout an intense research about bitcoin and you will fine out that most of those things are all Lie's.
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February 08, 2019, 07:05:29 PM
 #4


You are the only who can answer that. What we have to say here will just add to your positive-negative post list as reference. People have different views about "investing" in bitcoin so all responses here is just based on their own thoughts so you have to create your own.

While spending some time reading stuffs about bitcoi, analyzed those and asked yourself "are this for real"? "is this what bitcoin is all about?" "is putting money really worth it?" etc.

Try to understand "all the risks associated" when putting money on bitcoin and not just because a rich man, a bitcoin guru, a bitcoin professional etc. tells you to do that. Believed me, you will find the answer while on progress.

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February 08, 2019, 07:12:06 PM
 #5

There are positive and negative sides to any investment with it's risks and rewards. Whether or not to invest is the question the investor has to answer. Reading helps build your knowledge, at the same time, beware of FUD, shills and price speculations.
Learn more of the basis information about the Network and digital technology.

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February 08, 2019, 08:42:44 PM
 #6

I think it is great that you are hesitant. It shows that you try to invest carefully and thoughtfully.

Keep reading, but remain skeptical about everything you see. There is plenty of information here, though most of it is low-quality and noise.

Many posters here treat Bitcoin as a religion and dismiss or reject anything that doesn't support their beliefs.
Many posters here invest based on speculative fantasy and wishful thinking rather than cold hard numbers and careful analysis.

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February 08, 2019, 09:03:53 PM
 #7

As you have write, there is positive and negative sides and always will be. I have no idea how successful we can be in making Bitcoin different than it is. Accepting it as it is, as preparing yourself for the worst. Anyway, when you can afford negative sides, it can be useful to try.
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February 08, 2019, 09:24:13 PM
 #8

I know how you feels right now and I already experienced it before and up until now I sometimes think and hesitating to reinvest or not to the future growth of Bitcoin and other cryptocurrency.

Come to think of this, you are here because you want to know more about Bitcoin then I can safely say that there is a high percentage that you would invest on it because almost all of the people here that are 'active' will say positive things about Bitcoin, you will not waste your time if it doesn't got your attention.

So for 'In my opinion' think which is better, the good or bad aspect of Bitcoin, if the good over comes the bad then invest and vice versa if not.

For everything in this world has its own positive and negative side, it's just a matter of self belief and perspective to that specific kind of thing.



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Rainbot
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February 08, 2019, 09:28:11 PM
 #9

Welcome to the forum.

A nice thread and i understand your concerns about the threads you listed.
A good rule of thumb is to listen to what the "hero" and "legendary" members
Of the forum have to say. They have been around the scene for way longer
than any other members.

You are asking a question on a public forum so be prepared for everyones
opinion good and bad.

A good place to start is reading the bitcoin whitepaper and try to get the
"Facts" of how it works and what it actually does.

Dont listen to talk about what bitcoin WILL or WILL NOT do because
nobody can predict the future.

R


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February 08, 2019, 10:02:24 PM
 #10

I think you should form your point of view about bitcoin. All that is written on the forum is just a subjective opinion of everyone. You should read the official documents of bitcoin, read its news and make a decision based on official information. It will be better and more objective.
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February 08, 2019, 11:23:15 PM
 #11

It's natural that you have doubts and that you hesitate, but you should learn to sometimes take a risk and try something new. There's always a downside, in everything but it shouldn't draw you off from the good stuff. Most of the threads that say bad stuff about Bitcoin are mostly fud and spreading fake news to draw off users from investing. If you can afford investing, don't be hesitant to do so.

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February 08, 2019, 11:25:45 PM
 #12

You don't have to rush when it comes to investing, as ultimately that will be your money and no one will ever be held liable if ever your investments go down the shrink. Aside from consulting this forum, try other references too to ease your doubt and to better decide whether investing in bitcoin is for you or not. Most people are treating bitcoin as a religion and 'too big to fail' so expect some biased statements towards bitcoin, though there are also the side of the 'permabears' in which they constantly try to draw a line of negativity towards bitcoin even though nothing should be afraid of.

Best of luck.

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February 09, 2019, 06:58:09 AM
 #13

You need to take your time and relax,do not rush things up ,invest your time for now and learn how cryptocurrency works ,you will need it a lot after that you can then decide to invest in bitcoin ,for most newbies I would advice to go for bitcoin or ETH ,do not rush ,you have been warned to avoid investing blindly

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February 09, 2019, 07:03:36 AM
 #14

Hello, everybody, friend ...?
Sorry I'm a newcomer, at the BitCointalk forum, I don't know much about Bitcoin, but I've heard a lot about Bitcoin, especially in print and electronic media,
in one day I read about Bitcoin information in this forum, I am confused where to start, because I see many good, positive and negative posts.
For example:

Positive side:
1. Topic: Working for Bitcoin
2. Topic: Bitcoin ATM's are popping up

Negative side:
1. Topic: Will Bitcoin collapse by a global government crackdown

2. Topic: Five Reasons Bitcoin Should Be Closed Down

So I was a little hesitant in investing in Bitcoin, of course because I was confused between good and bad, but I was still sure.
What I want to ask the old seniors and understand the phenomenon of bitcoin in the future, whether I continue to invest in my estab lishment or not ...!

for reasons of the above posting factors. (thank you).
on the positive side you can conclude that bitcoin has a lot of progress and has a strong position
and from the negative side of the topic mentioned only contains doubts without clear evidence, you must stick to the belief that your bitcoin is worth investing now, doubt means a decline in your success


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February 09, 2019, 07:04:15 AM
 #15

Any investment which is market related make little hesitant to everyone. Like this Bitcoin investment is the same , my opinion about investment is if you have spare amount other then your daily need then You must invest Bitcoin because this investment will provide you a handsome return in future.

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February 09, 2019, 07:05:42 AM
 #16

There is nothing to hesitate investing into bitcoin. Always one needs to understood better about the cryptocurrency network in a right way. Unlike the country, and the legal process it is always good to invest into bitcoin. Because everything is anonymous and the same makes anywhere accessible in one way or the other. It's good to have a positive mind to profit out of bitcoin investments.

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February 09, 2019, 07:11:01 AM
 #17

Even if the western world, all of the persons do not like Jesus Christ. Even he was wanted to be killed by some of them.
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February 09, 2019, 07:18:28 AM
 #18

This is the perfect time for everybody to start dollar cost averaging. If your monthly income let's say $2000, you can try to invest $50 per week. I don't recommend to make monthly purchases because you will be less exposed to the price spikes with weekly investments.

People did this kind of dollar cost averaging stuff in the past during the bear period in 2015-2016 and they ended up with a big chunk of money from $250k to $1million..

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February 09, 2019, 07:40:15 AM
 #19

all the comments in the 4 topics you posted here are exaggeration in my opinion specially the negative ones since now the price is not rising the negative topics are more dominant from both newbies and FUDsters trying to create panic among newcomers who don't know any better.

it is a good thing that you are hesitant but you chose bad sources to make your decision. try learning more about bitcoin itself instead of reading other people's opinions. you can start by using bitcoin with a small amount and see how it actually works and what kind of advantages it has over the traditional currencies. then it may become a lot easier for you to make your decision.

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February 09, 2019, 10:08:36 AM
 #20

I'd like to welcome you to the forum first.

You said that you are 'sure' about it so I guess it's all about the positive review about bitcoin that you've heard. Don't listen to those negative ones, they are dragging down those people that's interested investing to it. Listen to yourself and combine all the research you conducted with it.



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[15.00000000 BTC]


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