Bitcoin in Silence

[darkangel11]

If you don't have time for short trading, then you might hold your bitcoin for long term, to be honest trading is quite dificult if you don't have any knowledge. I agree with you that we don't need to tell and pushing people into bitcoin, just do what you do. Anyway I disagree that trading is only for those who have so much money, you can do trading with small capital and if you are good in predicting the market then you'll get the profit.

You can also short for long term, despite how silly it sounds. Shorting isn't like day trading where you have to be online all the time. When the asset is in a long downtrend, much like Bitcoin was in 2018, you can enter a long-term short position and wait for a reversal.
Those who don't have time should do some swing trading. It's much easier. You only look for big moves and set your buys at possible levels of support without going all in.

[hirngespenst]

My condition is almost the same as you. I have been criticizing from the beginning of the crypto journey to now. My friends and neighbors mocking on me that I did not sell at the high price, I am holding bitcoin for nothing as they believe bitcoin price will be dumped and so on negativity. I decided to tell them that I quit bitcoin things, now my focus on study only, let's do party. Now they know I am unemployed, I have no money and honestly, I am enjoying their feelings! After hanging out with them when I come to the home, I start doing Bitcoin staff until I sleep! I have a plan to gather bitcoin as much as I can, later I will show them! I tried to teach them but they ignored, so, I am happy with myself! So, let's work silently in Bitcoin and make them jealous of sorry!

[plvbob0070]

That was a fascinating story OP. I think everyone has the same initial reaction when hearing something about Bitcoin and cryptocurrency. Almost everyone of us might have experienced the same thing over and over as well. If others oppose what you are doing, sometimes working in silence is much better and at the end of the day, you can proudly show them that they are wrong about what they're thinking about bitcoin. You just gotta show them that they are wrong for not believing and that you made the right decision for sticking and believing in bitcoin.

Things take time and effort to learn, the same as trading. Losing is part of winning. And risking is also a part of earning. Just like what I've said, I've also experienced being doubted by your family on what I am doing but after they have seen the fruits of my hard work, they have learned to understand and support me.

[Lauren Smith]

Bitcoin is a currency not an investment. At least not in the traditional terms. Buying bitcoin means investing in the technology not in stocks. Bitcoin is not a stock ev n though it's traded like one in exchanges. Learn the difference. You will never profit if you can't learn the difference. If you invest in bitcoin to make money then I'm sorry but you deserve to lose it. Believe in the technology and invest in it. This obsession with use value will make you lose money. Besides you said you bought at 5k? What's the price now? Exactly...

You need to hang out with a higher class of people. Being brought down for your ideas is not love. Don't waste your time with people who don't love you and will put you down. They only serve as a distraction of your true goal. Never listen to others. Listen to yourself. You know what is and what is good for you. Now go there it and do it!! Believe in yourself!!

[electronicash]

i once one of those people who talks about bitcoin all the time with friends. until the long bear market ruined how they look at me since the number of scams being reported on televisions. i became silent after that since my old friends will remind me on facebook whether how i was doing. i have to defend BTC is legit and the scams are done by scammers using BTC. i never strike a conversation again about BTC and stopped sharing crypto information since, my photos where i wear some crypto designed shirts are still in my account though.

[jossiel]

I have been through the same struggle especially during the bear market. Those people that asked me to explain what bitcoin is during bull run started to act oppositely.

I cannot blame them for turning the table and going to bandwagon because of the situation of bitcoin during those times. I have decided to remain silent and every success that I achieve with the use bitcoin, I dont brag or boast it on social media. Well, I guess those people that looked down on me and probably to most of us here will start to look differently now towards bitcoin.

I'd love to taste the fruitful success of bitcoin silently but if they are to ask me about bitcoin again, I guess it wouldn't be the same treatment that I gave them before.

[CryptoBry]

Taking all these criticisms enables me to remain patient and continue investing and doing work such as bounties and campaigns. I realized, bitcoin do really is full of scam and frauds way back before when I haven't seen the beauty of it yet. I have joined many campaigns, lose more than 50 dollars in trading and investment but I didn't stop.

So for us who thinks quitting upon criticism, doing bitcoin related stuffs in silence is what we need, rather than pushing people to believe as they will just resist and counter you back with bitcoin being scam and fraud.

I am sure that your story can also be the story of many of us here in this forum. There is really that beauty and benefit of waiting for the right time. While BTC should be considered as a currency, we can not deny that many of us here are looking at it as an investment, much like the real gold. People who are not good at trading has this opportunity to hold on for Bitcoin and just wait for the right time for it to ripen and harvest some possible profits.

We also have to understand that many people have the wrong information fed on them about Bitcoin, and so they are afraid that they can be losing money...well as an investor one has to do some diligence and the same thing is rue with Bitcoin. The scams actually has nothing to do with Bitcoin just like we don't call a pyramiding scheme using the USD as its medium exchange to be a Dollar Scam. In every industry, there will always be scammers or people who are making it their business to fool others, and with the cryptocurrency industry this has become a big playground for many of them that is why we should be careful.

[lienfaye]

so for us who thinks quitting upon criticism, doing bitcoin related stuffs in silence is what we need, rather than pushing people to believe as they will just resist and counter you back with bitcoin being scam and fraud.

Indeed sometimes its better to keep mum on how you make money in crypto rather than share it to people who dont believe or thinking that btc is scam.

When I had the opportunity to earn huge amount by investing in btc year 2017 I tried to introduce it to my close friends because I want to share them how im earning. Unfortunately their first impression is not good and they discourage me to not believe everything online because its likely a scam and I will lose my money.

But I didnt listen instead I decided to keep it to myself and keep going, now im still here and enjoying the things I had because of my hard work.

[AniviaBtc]

I want to give my opinion in every part that you said because we are experiencing almost the same but.. yeah.

I was criticized before about believing in bitcoin and its potential to become profitable as I do some work and browsing in some place where I usually work. By participating in this forum and trading using various exchanges, some of my colleagues, family, and friends ask me why I believe in a volatile currency that they consider a bubble, an investment that aims to fool people.

Fuck those who are doesn't have the right to criticize what you are doing. I know we are living in the same country and I know how our countrymen thinks. "THEY HAVE AN EMPLOYEE MINDSET AND NOT AN INVESTOR MINDSET" and that is the reason why some or most of the people you know are criticizing you. Fuck them and don't even listen to them. If you know that you are doing the right thing then just continue it.

I sticked in campaigns (particularly weekly campaigns) and save as many bitcoin as possible. I wait patiently and I think $9k market price is quite profitable already.

When I saw that altcoin bounty campaigns isn't profitable for me anymore then that is the time that I decided to try my luck in Bitcoin paid campaigns and then when yolodice accepted me, I decided to just focus on this campaign and not on altcoins anymore. For one and a half year, I focused on my current signature campaign since I saw that I can earn more Bitcoin here. Thanks to yolodice, I have earned some money to be used to invest into other investments like stocks and bonds.

So I help to pay bills in our home, buy necessary things I need, and support myself without the help of my parents. That is what other's saw in which I find an achievement. All criticism turns into opportunities that I am happy about as I've helped to induce market adoption in bitcoin.

When I started joining altcoin bounties, I have earned enough to buy my own smartphone.
When I started joining Bitcoin paid signature campaign, I have earned enough to buy my own computer and traveled with my couple last year.
I also started to give some money for my sister who is now studying.

Take all of their criticism to an inspiration and just focus on what you are doing as long as you are happy with it. I don't share what I'm doing since nobody will understand it so it will be useless even I share it.

Bitcoin is in silence and in a constant movement because it is lying on its break. The demand is not that high because many people aren't believing on the potential of bitcoin to become the universal digital currency. If that happens, maybe the demand becomes high, most especially when people are determined to buy and sell bitcoin quickly. Despite of many criticism, they can't put bitcoin down on the list. We all know that it is the most populat and most efficient digital currency around the world, although it is very volatile.

[Ridwan Fauzi]

Good story here from you, and I make a conclusion if there is someone who tried to know more how bitcoin before then he will back again although he has lost his money in the past. Many people there who got lost their money but they never come back again and make a judgment that cryptocurrency especially bitcoin is scam but that is not true. They just need instant profit and spent a lot of money but they just fall to lost it is horrible thing.

Actually, I'm not someone who has spent a lot of money to bitcoin and never got big profit from it. I just spend my saving money and store them on bitcoin with my hoping the money will increase, although I never targeted how long it be. With those thing I can be able to having more patient, letting my money decrease when bitcoin fall and I wasn't tempted to sell them when bitcoin got increased. Because I believe bitcoin will be useful in the future and I can proud to many people there who haven't had any bitcoin especially some people around me who underestimate again bitcoin in the past.

[maxreish]

That's quite inspiring. The criticisms you have received made you a strong person now. See, you have been motivated and determined by your own goals and that is to proved that you are right about Bitcoin. I can't blame you for thinking that Bitcoin is an easy quick money, well at least you have realized that it is not. Since it is volatile and there is no particular sure time when will it boom.

The moment we entered here, we should be ready with all the risks. Now you have learned your lesson and guess its's not only you but we (bitcoin holders) had learned too from our previous believes and mistakes. Let's just continue to grow inside. Bitcoin is a good investment, just know "when" to buy and sell.

[Soots]

And how do your critics feel now?

Do they still continue with their doubts over Bitcoin or they have already changed feathers and are now one of us?

If they are truly a critics then I would understand that they can change their stance seeing that the price or adoption is growing. But if they are a complete hater, regardless of bitcoin going from $3,000-$100,000, they wouldn't understand a thing because they are going to be closed minded.

Or perhaps they are neither a critic nor a hater. I have encountered a lot of people who are discouraging me to use Bitcoin and get involved in it. But they do not know what they are talking about. Their basis is some poor information they got probably from social media and some friends who are as ignorant as them. They simply need someone to give them proper education on it.

right, most of those who enter the head are negative news about bitcoin, so they are afraid to learn it. they are afraid without understanding, and I think this is like a fool, because they don't open their minds widely

An ignorant man is no fool really. He simply needs to be informed or to be enlightened. The problem is that they knew or have heard or read Bitcoin first from sources that are not reliable, and they failed on digging up some more that is why they stayed ignorant. Well, if they closed their minds on the process, they are fools. But if they are still open for more elucidating information, they are still potential Bitcoin supporters.

The biggest investors which I considered whales isn't vocal about this, and it remained so confidential along the developments of cryptocurrency around the world. Their ability to be discreet about the raging challenges in bitcoin, made them more observant on the recent market changes.
We can't have an accurate predictions each time the value of bitcoin changes, so it's better to stay calm and just wait for future price outbreak which is very surprising.

[qiwoman2]

I am glad you stuck with it, when I nearly lost everything in 2018 that I had worked for in 2105-2018, I felt very sad and discouraged, but because I really believe in the decentralization movement and the power to create your destiny in a more creative economic setting, I stuck with it and am slowly crawling away from ground zero again. I also take my salary now in Bitcoin and when I get time, I trade as well. I think this year might be a better year from the last two I had. I nearly lost all my shirts as they say, but I won't give up either. Thank you for your encouraging post, good for others to see and take note.

[Getmon]

And how do your critics feel now?

Do they still continue with their doubts over Bitcoin or they have already changed feathers and are now one of us?

If they are truly a critics then I would understand that they can change their stance seeing that the price or adoption is growing. But if they are a complete hater, regardless of bitcoin going from $3,000-$100,000, they wouldn't understand a thing because they are going to be closed minded.

Or perhaps they are neither a critic nor a hater. I have encountered a lot of people who are discouraging me to use Bitcoin and get involved in it. But they do not know what they are talking about. Their basis is some poor information they got probably from social media and some friends who are as ignorant as them. They simply need someone to give them proper education on it.

right, most of those who enter the head are negative news about bitcoin, so they are afraid to learn it. they are afraid without understanding, and I think this is like a fool, because they don't open their minds widely

An ignorant man is no fool really. He simply needs to be informed or to be enlightened. The problem is that they knew or have heard or read Bitcoin first from sources that are not reliable, and they failed on digging up some more that is why they stayed ignorant. Well, if they closed their minds on the process, they are fools. But if they are still open for more elucidating information, they are still potential Bitcoin supporters.

The biggest investors which I considered whales isn't vocal about this, and it remained so confidential along the developments of cryptocurrency around the world. Their ability to be discreet about the raging challenges in bitcoin, made them more observant on the recent market changes.
We can't have an accurate predictions each time the value of bitcoin changes, so it's better to stay calm and just wait for future price outbreak which is very surprising.

There are big investors who are silent as there are also big investors who are vocal about their support of Bitcoin. But I suspect that most of them are silent about Bitcoin because it is still on the process of being openly accepted by most countries and traditional institutions. There are investors who have just opened ip about their Bitcoin investment even if they have already been maintaining a huge Bitcoin portfolio for a long time.

But I think the big investors should be the ones who will talk and discuss about it if they want the whole world to lend an ear. I guess one of the main reasons why they kept quiet all this time is that Bitcoin is still treated as a revolutionary currency which is built to dismantle the current system of which they are a part.

[Reid]

That is one great story.
I love it.
I am sorry I lack the sMerits to give you. I have not much in my account. I hope you appreciate even just 1.
Thank you for the nice story.

I then realized at the end I have the same sad story as yours.
But I didn't stop at cultivating my friends with information even just little by little.
Somehow it did work.

Yes, we could stay in silence but after some time it suffocates you. You just want to share it with someone.
Well, thanks to this forum we could do that. We can share with co-bitcoin enthusiast which also understands us.
But there is a difference when you explain it physically with someone. Emotions will burst out.

Good luck to everything that you will do.

[LUCKMCFLY]

~snip~

Many people end up disappointing in the end, and it is understandable, in all markets what most plays are emotions, maybe understanding the market in many people is not enough, most when they enter the world of Bitcoin they want to become fast millionaires and not It is so, it is incorrect, everything has a process, both learning and experience, it is always necessary to try to learn to understand the market, not only at a technical level but at a fundamental level.

Today, Bitcoin represents for many the successful way out of the crisis, especially in countries with high inflation, when it handles Bitcoin it frees itself from a large yoke imposed by banks and governments, a deflationary economy full of opportunities compared to the traditional centralized economy really earns what That is more accessible for people, bitcoin for many represents freedom and the best solution. Great experience he has told, I recommend you read some books like Jesse Livermore's, who was a great speculator who learned to understand the market and got rich 5 times and 4 times lost everything, it is exceptional.

[peter0425]

That's quite inspiring. The criticisms you have received made you a strong person now. See, you have been motivated and determined by your own goals and that is to proved that you are right about Bitcoin. I can't blame you for thinking that Bitcoin is an easy quick money, well at least you have realized that it is not. Since it is volatile and there is no particular sure time when will it boom.

we all did mate,all of us at first think this is just a quick profit(though there are few that has different opinion and plans)because many of us starts to enter crypto when the price is in hype or in growth .

The moment we entered here, we should be ready with all the risks. Now you have learned your lesson and guess its's not only you but we (bitcoin holders) had learned too from our previous believes and mistakes. Let's just continue to grow inside. Bitcoin is a good investment, just know "when" to buy and sell.

yeah but in case we are really devoted to invest here?let us learn when to buy only and forget about selling because we need to invest here our spare money as we can risk to lose,so forgetting about our crypto asset is really a best way of investing for long term.

[Murat]

It's almost the same here guys, when I have introduced to the people who around me about the blockchain system and especially of Bitcoin then nothing came to me in an easy way, most of the people didn't even believe this invention for their own purpose, So I have heard from many people who have faced such type wired experience regarding this issue, forget about those faces, just hold on Bitcoin for another months and make money by this way and show those people how to make money and how to grab the opportunity for your own.

[White Christmas]

Too many people criticize what they don't understand, they think bitcoin is over and never going to grow again or it's now too expensive and they use this to sell scam coin to the public. But bitcoin has proven time and times again that they are all wrong.

They are just judging bitcoin so early and more likely those people who are doing this are those who are beginners and doesn't have any experience on the real situation of dump of bitcoin that anytime that bitcoin dumps it is likely a soaring phoenix that is soaring high or pumping so high.
Bitcoin already proven it's fluctuating side in which it really depends on the situation of market if it is good or bad. this probably will prove again that bitcoin is very strong enough to stand alone in all ages.

[Yamifoud]

The people surround us have different appreciations towards the market, some may say that crypto is a scam and while the others you're on the right path.  And I understand that some people would always be thinking negatively towards the crypto cause in the first, they'll never know about it and most probably they are wrong. This could be an endless debate about different ideas with only their basis is what they have heard in the news.

Better not to go through along them and even we give some explanations and corrections, they will stand even they are wrong. We know already how the market works, and so we don't need to bother if they don't believe us.