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Author Topic: "cash in, cash out"  (Read 234 times)
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October 03, 2021, 12:44:06 AM
 #21

Some of the investors are only focused on profiting, specially those who have big investments. They are not willing to explore what other things BTC can do but we can't blame them because most of those who started here thinks of profiting in the future.

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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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October 03, 2021, 12:54:29 AM
 #22

Of course, everyone wants to earn and wanted to support the revolution of our new innovative payment system. Those whales have been there for a long time and they have become one of the reasons to support and maintain the price as high as they can until big companies come in and invested hugely in bitcoins. small fish like us has been getting decent profit from it and at the same time, we can also support the market with liquidity and some other necessary things to make the crypto market alive.
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October 03, 2021, 07:05:32 AM
 #23

Every people will have their own reason why they invest in bitcoin or get involved with bitcoin.
But many people who already make money from bitcoin already changed their reason to get involved in bitcoin deeper to make more money.
They already see that bitcoin gives them the potential to make a big profit in the short and long term so they dig more to find out the other way.
People who know bitcoin will use it for two reasons: to make money and have an investment and try hard to reach their goals.
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October 03, 2021, 10:57:55 AM
 #24

What effects, both positive and negative, does the fact that a substantial proportion of people that invest or get involved with Bitcoin in the first place, have the intention of making profit in a fiat currency as their primary objective? There are many people who do not fall within this category and many, who start in this manner, that then take on other ideals and ambitions. There are also many who want to "cash in, cash out".
for me of course everyone who is involved to invest in bitcoin expects profit for financial freedom. bitcoin can improve the economy and also facilitate transactions on every major exchange. Speaking of economic problems, of course, this is a matter of daily needs, in the end the investment goal is fiat. because fiat becomes the official medium of exchange in every place of buying and selling and services.

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October 03, 2021, 11:57:03 AM
 #25

Some of the investors are only focused on profiting, specially those who have big investments. They are not willing to explore what other things BTC can do but we can't blame them because most of those who started here thinks of profiting in the future.
That's what I would do too if I am an investor, I mean it's the name itself, investor, they're invested in bitcoin because they see value in it and not because they believe in it's future, it's nothing to be worried though, it only takes one person to believe that bitcoin could go above and beyond for bitcoin experience changes.
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January 18, 2022, 03:54:19 PM
 #26

It's honestly the same thing with every single investment out there, there are people who don't have much amoxicillin of money in the first place and some of them just wants to make some quick money, at the end of the day, I do think that people who undertake jobs getting paid in Bitcoins have to sell their salary. There are a few people who are capable of holding onto the money because they already have enough for the investment. Those are the people who generally HODL. I do think that as a digital currency, investments are a personal choice for sure. Also it's the basics of day trading as well.

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January 18, 2022, 07:42:16 PM
 #27

It's honestly the same thing with every single investment out there, there are people who don't have much amoxicillin of money in the first place and some of them just wants to make some quick money, at the end of the day, I do think that people who undertake jobs getting paid in Bitcoins have to sell their salary. There are a few people who are capable of holding onto the money because they already have enough for the investment. Those are the people who generally HODL. I do think that as a digital currency, investments are a personal choice for sure. Also it's the basics of day trading as well.
This is situational because not all would really be having that kind of mindset on which they would be tending to hold their assets for a very long time specially if they are in need or something like that.

Even myself does have that kind of behavior back in the past on which i do need to convert those coins for me on at least able to make use of it specially on my expenses.
Yes, its a waste since you do miss out that profiting opportunity and this would be your primary concern in most cases for sure.

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January 18, 2022, 09:25:26 PM
 #28

There will always be people looking for what could be seen as a quick fix, people who
dont necessarily care about Bitcoin, just what they can get.

Until Bitcoin is widely accepted as legal tender everywhere  Bitcoin will always be liquidated
for FIAT in order to cover costs and expenses but there are many of us who couldnt
forsee us "cashing out".

Anyway there is nothing to fear as long as there is more demand than supply, the Bitcoin
you want to sell will be promptly bought up.

R


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January 18, 2022, 09:31:55 PM
Merited by The Sceptical Chymist (2)
 #29

What effects, both positive and negative, does the fact that a substantial proportion of people that invest or get involved with Bitcoin in the first place, have the intention of making profit in a fiat currency as their primary objective? There are many people who do not fall within this category and many, who start in this manner, that then take on other ideals and ambitions. There are also many who want to "cash in, cash out".
To be honest with you, I do not really care what Bitcoin users use their Bitcoin for, and it does not affect the network negatively, what matters more in my opinion is the influx of people, and even institutional investors into the network, what they use their funds for is entirely their business. Making profits is great, as a matter of fact, who wants to incur loss? It's a simple answer no, Bitcoin is used as a hedge by a lot of people, as a currency by others, for investment by more people, etc, I'll not worry about all that if I were you, as long as you believe in the network, you use it the way you choose, just make sure your funds are secured tightly, that's more important if you ask me.





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January 18, 2022, 09:32:36 PM
 #30

Some of the investors are only focused on profiting, specially those who have big investments. They are not willing to explore what other things BTC can do but we can't blame them because most of those who started here thinks of profiting in the future.
If i may ask you what's the advantages or the major motive or obligation of running investment...? You and i knows very well that our primary concern into investment of any quality or quantity of cryptocurrency generally is to enable us to make a sustainable profit, yes am investor, and my major obligation Is to make profit because when i experience degradation in the market, it's very obvious i will be unhappy, so therefore the joy of an investor to make Profit.

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January 18, 2022, 10:44:18 PM
 #31

Some of the investors are only focused on profiting, specially those who have big investments. They are not willing to explore what other things BTC can do but we can't blame them because most of those who started here thinks of profiting in the future.
If i may ask you what's the advantages or the major motive or obligation of running investment...? You and i knows very well that our primary concern into investment of any quality or quantity of cryptocurrency generally is to enable us to make a sustainable profit, yes am investor, and my major obligation Is to make profit because when i experience degradation in the market, it's very obvious i will be unhappy, so therefore the joy of an investor to make Profit.

Losing part of our investment doesnt really give out any happy reactions to it which is very normal and the primary goal on why we are here on this market which is a primary goal we do have.
Cash in then cash out if we do have the chance.

Risks is part and some of them arent aware and this is where learnings do comes next and on the time that we are already aware on how this works
then it is just normal that we are minding off this common goal.

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January 18, 2022, 11:14:16 PM
 #32

well, in this forum. there are many just posting with "$100k by" and "how do we get more people to buy".. these people are the ones with a exit plan to go back to fiat. these are not what i define as true bitcoiners. they are fiat enrichment supporters, just temporarily using bitcoin to enriich their fiat life.

however there are alot of people discussing technical aspects and features of bitcoin. wanting payment services that allow normal shopping to be bitcoin accepted, so that they can buy pizza with bitcoin instead of converting back to fiat to buy food, also those wanting bitcoin to scale to allow more transactions, and such to have cheaper sat fee's so they can use bitcoin.

its easy to spot the fiat enrichment group, because they only post about price. and their desires for a high future price.

its easy to spot true bitcoiners because they discuss bitcoin features and wanting to use bitcoin for normal life stuff

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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January 19, 2022, 02:13:15 AM
 #33

Some of the investors are only focused on profiting, specially those who have big investments. They are not willing to explore what other things BTC can do but we can't blame them because most of those who started here thinks of profiting in the future.
If i may ask you what's the advantages or the major motive or obligation of running investment...? You and i knows very well that our primary concern into investment of any quality or quantity of cryptocurrency generally is to enable us to make a sustainable profit, yes am investor, and my major obligation Is to make profit because when i experience degradation in the market, it's very obvious i will be unhappy, so therefore the joy of an investor to make Profit.

Losing part of our investment doesnt really give out any happy reactions to it which is very normal and the primary goal on why we are here on this market which is a primary goal we do have.
Cash in then cash out if we do have the chance.

Risks is part and some of them arent aware and this is where learnings do comes next and on the time that we are already aware on how this works
then it is just normal that we are minding off this common goal.
most of them invest here for profit, but many of the beginners are not familiar with the performance of cryptocurrencies, so they are played with a psychology that is less profitable, because many of them are greedy and do not take the opportunity to get out of the market.

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