Here's why I'm leaving Bitcoin

[dimonstration]

It's so funny to read some of the comments here.
Dear people, there are no shortcuts in life and if you value something you should put all your best effort and work into it.
You guys don't understand that those who benefited most from bitcoin are the ones who spent countless hours researching it.
Feel free to leave bitcoin then, honey badger doesn't care

Those who are able to managed it properly and take advantage on it can really earn a lot. I can say I earn more in trading crypto as well just holding BTC than in my current job. But it's not just holding it there's a need to determine the right timing, the news and all in between about BTC to really gain profit. Those who invested early when BTC value is too low really did a good decision on holding on even the volatility is really high. It's good to leave especially if you're satisfied already with the profit and if really in need.

[1714029400]

1714029400

[1714029400]

1714029400

[Wind_FURY]

Each to their own!!!

If you think it better suits you to be away from Bitcoin, that's fine- you know better your own reasons for doing so.

Leaving BTC for good is another matter, I would not recommend if you intend to stay in the crypto market as I strongly believe that within 5-10 years you might be looking back regretting not staying in the market. Though, ultimately, it is your own decision. Good luck with whatever you decide 

As a fellow pleb-investor, I believe he’ll be back. They always come back. Unless, he believes that he has made the profit/investment of his life-time in Bitcoin, then maybe he should move on to other more important life-goals.

[rodskee]

So that guy who sleeps in a twig hut has electricity, Internet, a smartphone or a computer, knows about bitcoin and how to use it... Strange at the very least.

Same feeling and thinking on my side mate while reading this Drama , i noticed that same thing in which made me wonder why.
I have been in many islands in my country that has almost the same community as what OP is telling and sad that it took me hard to have crypto related thing .
So i believe that this is a Complete attempt to earn merit for a Newbie account , Look that he created the account and after 6 days posted this one.

________________________________________________________

But it had been a while since he had gotten some satoshis at a good price.

What is a good price? Is 10k a good price? 15k? 20k? For many people 35k is a good price because there's millions of USD traded for bitcoin every day.

Maybe that's below 10k mare , because they even struggle to have foods in plates so spending funds for 10k value per Bitcoin won't be appropriate.

[davis196]

1.Nobody gives a s**t about why you are leaving Bitcoin.
2.Your "John Doe" story seems kinda irrelevant to Bitcoin.Poverty existed centuries before Bitcoin was created and it will continue to exist forever.Thinking that Bitcoin will lower poverty rates or end poverty is simply
naive.
You donated Bitcoin for charity,that's great,but it isn't enough to help a poor man.
Shit happens and death and suffering will never end on this world.

[amihada]

a government that has large funds alone cannot eradicated all poverty. The government can only reduce the poverty rate by helping you sell bitcoin to reduce the poverty rate, a very noble deed.

[AicecreaME]

I understand what you were trying to deliver here, that not all of us has the same privilege to change our lives. Some people are really beyond poor that their earnings are just enough to feed themselves and survive every single day, which is heartbreaking. But Bitcoin's purpose I think and Bitcoin is not the one to be blame on this, we all know that Bitcoin is all about up and down and will not continuously just pump day by day, I hope you also know that.

The only mistake is to rely on just one source of income, and to your investment, that's why you're blaming it to Bitcoin, to pass the guilt. Anyway, there should be a lesson to every story, so I hope OP learned his lesson.

[Nhor1011]

Without knowledge and technologies they need to use bitcoin, how they can use it? Electricity, internet and computer or even a cellphone is important in using this digital currency. Since the story is about the fisherman in a poor village then I think they really don't know how to use bitcoin that's why they keep it and quit.

It takes time for them to understand what is bitcoin?, how to use it?, how it can help them?, How their lives be change in using bitcoin?  There is a lot of things to consider before we can see the changes in everyones life using bitcoin specially in this kind of place where people is not educated and only rely on a simple job that they know.

[pawanjain]

Things happen. Nobody has any control over them. It's not bitcoins fault that they had to struggle with such troublesome situations.
Things would have been different if they were located in a better place. Sometimes we have to accept the truth and move on for a better living.
It's sad that they were unable to have a happy life and you did a really good thing by giving them a donation but it doesn't mean you should stop using bitcoin.
In fact you can take it positively in a way and earn more bitcoins so that you can donate more such needy people.
It's just a matter of perspective and life can be so much easy.

[serjent05]

Just to say this, a single man's experience does not define the whole image of an ecosystem.  Anyway, I can't grasp the moral of the story.  It somehow revolves around a certain family and some charity actions, or does OP wanted cryptocurrency to be back as "underworld currency"only?

After the first big top at the end of 2017, things started to change. Bitcoin is no longer a "currency of the underworld"

I don't even own a single satoshi, and I intend to stay away from the cryptocurrency environment. At least for a while. Perhaps, when they return to being what they were created to be, it will be a good time to return.

Sorry all I can see are these two quoted sentences mixed on the story of a family (which I think is actually a ploy to make the story a bit interesting)

[Altcoinsintel]

I think that the crypto-anarchism, holders, those that we're calling for financial freedom, and those who were praising decentralization were all a bunch of liars. They had seen in Bitcoin the opportunity to get rich, even subconsciously and not admitting. Most of those that went into Bitcoin early are rich and not even hanging out in bitcointalk as they have businesses to run. Most of them have profited a lot from Bitcoin, in USD, and in material gains. But if you look closely while reading the early posts, also most of them didn't hide that all that mattered was the price in dollar terms.
If you take out every slogan and narrative, all that ever mattered was the price of bitcoin. It wasn't the network, the upgrades, nobody cared to make Bitcoin used as internet money. There were a few that had this in mind and quit saying that Bitcoin failed, but even those developers and early investors, they owned Bitcoin and sold when leaving, to get the money. This isn't about anything else but speculation on Bitcoin as an asset and how much it can be advertised and promoted.

[xiboothrezi]

~
In fact you can take it positively in a way and earn more bitcoins so that you can donate more such needy people.
It's just a matter of perspective and life can be so much easy.

there are so many points of view, we have to really have a stand and be wise about this. the decision to stay or leave the bitcoin ecosystem is everyone's right, but please don't spread fud or hatred,
all systems must have positive and negative sides

[Twinkledoe]

~
In fact you can take it positively in a way and earn more bitcoins so that you can donate more such needy people.
It's just a matter of perspective and life can be so much easy.

there are so many points of view, we have to really have a stand and be wise about this. the decision to stay or leave the bitcoin ecosystem is everyone's right, but please don't spread fud or hatred,
all systems must have positive and negative sides

Just respect is all we need here. And yes, don't spread fud or give unnecessary information that will mislead other people. If you want to leave, then, leave quietly. We have our own perspectives on this matter. Just let other people spread their wings on their own.

[MCobian]

Many middle to lower class people consider Bitcoin as a way to get wealth instantly, this is the wrong thing and can make a lot of FOMO people
and wrong decisions. Because many people forget that Bitcoin is a very high risk asset. Which means don't invest in Bitcoin using money for daily
needs. Many rich people and institutions love Bitcoin, because they invest using cold money. So there is no need to leave Bitcoin, because if we
know the correct way of investing in Bitcoin.

It is very easy to make profit on Bitcoin, so don't rush into the decision to leave Bitcoin when we experience a loss when investing in Bitcoin. But
try to think about the mistakes we have done, so by correcting these mistakes we can successfully get a profit from investing in Bitcoin.

[ilhamsugihamin]

I don't understand why you got out of cryptocurrency, did you have a loss? If so, maybe you are not well informed about cryptocurrency and in trading, not only buying and investing, but also looking at the situation.

[isaac_clarke22]

~

I guess it is your own thing now to stay away from Bitcoin from how your story went with John Doe hmm. Just assuming you're telling the truth though.
Good luck to your journey out there, OP.

[Lorence.xD]

I don't understand why you got out of cryptocurrency, did you have a loss? If so, maybe you are not well informed about cryptocurrency and in trading, not only buying and investing, but also looking at the situation.

OP does not want to be a part of system that exploits bitcoin, OP was disenchanted with the wonders of bitcoin if I may say, bitcoin was supposed to help the people be free of the exploitative banking institution but instead OP felt that it will not be the case because OP see the other people of bitcoin community treat bitcoin as a way to make money for themselves. It is a profound reason that OP left the scene and I do not think that a shallow term like trading loss is the reason.

[kotajikikox]

Farewell Mate , Hope you'll Find way to what you wanted in life ..

But one thing is for sure , you will Comeback in this space and will never prevent your self from seeking crypto to Hold.
You may fail this time but surely you have idea on how this happening and what can give you even that your pointing to be failure when you wanted to help a friend.

we have all dark part in crypto what you know who succeeded ? are those who keeps their investing even how many times they have already fail.

[Gcrypto786]

" I don't even own a single satoshi, and I intend to stay away from the cryptocurrency environment. At least for a while. Perhaps, when they return to being what they were created to be, it will be a good time to return."

Bro, you have to do the hard work again because Bitcoin is not some sort of low priced coin or you can't get things for free. Everything has some price in terms of money, time, dedications etc.

[michellee]

I don't understand why you got out of cryptocurrency, did you have a loss? If so, maybe you are not well informed about cryptocurrency and in trading, not only buying and investing, but also looking at the situation.

Maybe he got lost in trading or crypto and it is hard for him to recover his loss. I think that will be up to him, and we can not force him to stay at the crypto if he does not feel comfortable. He can break for a while from crypto to think what next he should do. I hope that he can find the other way to help him make money and get a better life in the future.

[jzone23]

Not having a bitcoin is not the reason to step out of cryptocurrency coz there are lots of potential coins and tokens out there. I did not own any as i had to sell it way back 2017 but it didn't stop me to be here coz i own ETH, BNB, XRP etc. If you lose, stand up and change your strategies. But leaving crypto is a choice, i just wish you would not regret it in the following years.