What are common arguments for Bitcoin?

[bittraffic]

What should new investors know about Bitcoin?

New investors should know that BTC is just limited to 21Million coins and the population of the world is about 8Billion. Even if you have just 0.06BTC, you are still fortunate enough to own some of it, the rest may not even a single satoshi.

It's a common argument to new investors as to how do we know we only have 21M BTC. It's written in the code which there could be nothing added to it even after we have mined it all.

[1714465137]

1714465137

[1714465137]

1714465137

[1714465137]

1714465137

[1714465137]

1714465137

[AicecreaME]

What should new investors know about Bitcoin?

There are so many things that a new investor must know about bitcoin. Before diving into something, you must do your very own part to research about what you are trying to enter. You must know the basics and fundamentals about it. The do's and don'ts, the advantages and its disadvantages, and of course the possible risk it has.

In bitcoin, you must know its nature first. It should be clear enough to you that bitcoin is a speculative asset, volatile, decentralized, and can act as either medium of exchange or store of value and possibly both if the status of it in your country is legal. You should know the risk bitcoin possesses. You should only invest what you can afford to lose. And you must also be aware of what you can do about your bitcoin - the reason why you enter the community. Are you here for the short term or long term? By knowing your purpose of joining and investing, everything else will follow. Of course, it should be with proper knowledge as well.

[LUCKMCFLY]

for myself when explaining bitcoin to my friends who are just starting out or even new to bitcoin. I always say this is an unlimited investment and high risk . You can profit so much and you can also lose. However, losses will still be manageable if you know how to manage them. What is clear is that what you invest is something you must be prepared to lose. Don't invest beyond your ability so that when you fail you can still grow.

I have many friends who always ask me about BTC, that when it is better to buy than if they buy and then the price falls, the truth is I tell them what I know, that it is an asset that can rise in price quickly or fall, that there is an ingredient called volatility that you must know how to carry to operate and not lose. That if they enter with the mentaliadd of becoming a millionaire from one day to the next then they will fail, that this takes time, I also tell them to search YouTube, in this forum and read, to learn and have their own arguments, which I recommend as one Long-term action, it is a safe investment but it did not manage times of profit. That is the way I speak to them, some have got in, others have not, they are scared.

[kawetsriyanto]

If it is about the new investor, they may only think about getting more money and profits from Bitcoin and Being richer quickly.
This is what sometimes makes it dangerous for a new investor, with very high expectations without thinking about the risks of Bitcoin investment itself.
I mean that e know that Bitcoin is a very worthy investment, for short or even long term period.
but sometimes, new investors or people who just entered the crypto world only want to make more money in Bitcoin in a short time and get rich.
this is actually should note by the newbies in crypto.
The mindset
The mindset of being richer very quickly because of Bitcoin,
They must know what is Bitcoin, the world, the knowledge, and the volatility, the risks, and the advantages.
Not only seeing on one single thing *profit money only quickly*

[fullhdpixel]

There are so many things that a new investor must know about bitcoin. Before diving into something, you must do your very own part to research about what you are trying to enter. You must know the basics and fundamentals about it. The do's and don'ts, the advantages and its disadvantages, and of course the possible risk it has.

In bitcoin, you must know its nature first. It should be clear enough to you that bitcoin is a speculative asset, volatile, decentralized, and can act as either medium of exchange or store of value and possibly both if the status of it in your country is legal. You should know the risk bitcoin possesses. You should only invest what you can afford to lose. And you must also be aware of what you can do about your bitcoin - the reason why you enter the community. Are you here for the short term or long term? By knowing your purpose of joining and investing, everything else will follow. Of course, it should be with proper knowledge as well.

Or, and here me out because it is a very crazy sounding thing, you could simply buy and hold? I love doing research, I love buying new things, I love risking my money and because of that I have to study stuff a lot.

However, not everyone has to do that you know that right? Like for example save up 100 bucks from your salary (depending on where you live, this could be higher or lower) and buy bitcoin with it every month when you get your salary, or weekly, however frequently you get your salary put a bit aside and put it into bitcoin itself. That is literally all you have to do, do this for 30 years and you will retire a wealthy person, you will literally be richer than any other method you could use.

It is THAT simple to get richer in crypto world, but people end up buying and selling and doing high leverage like 150x or whatever and losing it all. If you want to be like that, then you can risk and learn how to do that, but there is definitely an easier way.

[Silberman]

Of course, every investor who comes with the goal is profit, so they must also know the risks and rewards associated with volatility. after they know of course they will learn like what you have mentioned above, so they don't slip into gambling, which will only lead to disappointment in the end

Funny how the same volatility is the reason why a lot of you are making profit from the market. You do know that if there was no volatility and the market was as stable as the fiat currency, it wouldn’t draw much attention as it did and most people that got rich through this wouldn’t be that rich by now.

In the case of volatility, if you can learn to have patience, and also invest what you can be able to hold for a long term (unless you’re a day trader), then volatility wouldn’t be that much of a problem, because we know that cryptocurrency, especially bitcoin, is profitable on a long term.

And this is just another truth that newbies do not get out of the markets, in order for a profit to be made then the price needs to go up in your predicted direction, if the price does not move much and it is just ranging there is not a lot of chances to make huge profits, so newbies complain about the volatility of bitcoin but they only do so when they are on the losing side, when they are the ones earning money through it then everything is fine and they need to understand to accept the good with the bad and that there is a time in which the market will get back some of the profits they have accumulated and this is perfectly natural.

[agustina2]

What should new investors know about Bitcoin?

A common argument, bitcoin is a scam.

For most people that I encounter, that's the common question because what they know is when it says bitcoin, you will invest something like a ponzi scheme and it will grow. On that matter, I'd rather just keep quiet and let them think what they want because their door is closed for any information.

What should new investors know about bitcoin? The risks involved with it. It's better to understand the risk instead of getting profits.

[Silberman]

What should new investors know about Bitcoin?

A common argument, bitcoin is a scam.

For most people that I encounter, that's the common question because what they know is when it says bitcoin, you will invest something like a ponzi scheme and it will grow. On that matter, I'd rather just keep quiet and let them think what they want because their door is closed for any information.

What should new investors know about bitcoin? The risks involved with it. It's better to understand the risk instead of getting profits.

The reason why this is uncommon is that people never think that something bad is going to happen to them, they know the statistics but for some reason they believe they are immune to something like that and by the time the realize this it is too late to do anything about it, new investors must know that there are scams in this market but they believe they are too smart for that to happen to them, not understanding that is precisely the attitude scammers want them to have as they are easier to scam that way.

[LUCKMCFLY]

What should new investors know about Bitcoin?

A common argument, bitcoin is a scam.

For most people that I encounter, that's the common question because what they know is when it says bitcoin, you will invest something like a ponzi scheme and it will grow. On that matter, I'd rather just keep quiet and let them think what they want because their door is closed for any information.

What should new investors know about bitcoin? The risks involved with it. It's better to understand the risk instead of getting profits.

Yes, you are right, where I also live, the first thing they tell me is that this is a scam and that it is a pyramid scheme, the truth is that the people who have told me these statements do not have any kind of financial education, it does not make sense sometimes to argue with them because they simply stick to what they see on TV or what some newscasts instill in them, I also had the opportunity to speak with an owner of a textile company where he told me that BTC was practically that, a scam, that if I told him why based on the characteristics of a pyramid scheme, based on history and I made a brief comparison with tulips, and I told him, FIAT money is much more bubble right now than BTC, and a possible recession It has been delayed because there is the fudamental of covid-19, of course when talking about the history, how it is even in the form of a bubuja chart and scam, he did not give me another argument to continue saying that it was a scam.

[Taskford]

What should new investors know about Bitcoin?

A common argument, bitcoin is a scam.

For most people that I encounter, that's the common question because what they know is when it says bitcoin, you will invest something like a ponzi scheme and it will grow. On that matter, I'd rather just keep quiet and let them think what they want because their door is closed for any information.

What should new investors know about bitcoin? The risks involved with it. It's better to understand the risk instead of getting profits.

The reason why this is uncommon is that people never think that something bad is going to happen to them, they know the statistics but for some reason they believe they are immune to something like that and by the time the realize this it is too late to do anything about it, new investors must know that there are scams in this market but they believe they are too smart for that to happen to them, not understanding that is precisely the attitude scammers want them to have as they are easier to scam that way.

This is the most common impression to those people who doesn't know about bitcoin and being afraid for getting scam is one of their question since they always tied this with so many mlm as this is used for several scams happened on history. That's why its not good sometimes to push this especially to those people who doesn't have interest about it and best only to teach them if they want or get an interest since maybe from that state they are ready to listen about the opportunities about bitcoin or crypto.

[RealMalatesta]

The reason why this is uncommon is that people never think that something bad is going to happen to them, they know the statistics but for some reason they believe they are immune to something like that and by the time the realize this it is too late to do anything about it, new investors must know that there are scams in this market but they believe they are too smart for that to happen to them, not understanding that is precisely the attitude scammers want them to have as they are easier to scam that way.

This is the most common impression to those people who doesn't know about bitcoin and being afraid for getting scam is one of their question since they always tied this with so many mlm as this is used for several scams happened on history. That's why its not good sometimes to push this especially to those people who doesn't have interest about it and best only to teach them if they want or get an interest since maybe from that state they are ready to listen about the opportunities about bitcoin or crypto.

I guess we had another big discussion on why bitcoin is different from ponzi and all network marketing schemes. So, we must make use of what people discussion as their opinion are more effective way to defense people who are arguing against bitcoin. Overall, I guess we must spread awareness against all the rumors of bitcoin and for that we must make use of this forum discussion to enlighten people.

When are are able to convince at least 20% of world population then rest of people will easily adapt bitcoin without big hesitations. In rough estimate only less than 5% of world population are using bitcoin so far hence we have very long road ahead of us.

[Cling18]

Proper mindset when it comes to Bitcoin investment. Most investors see it as a shortcut to success which is actually a wrong mindset. They should know the risks of it and the possible things that could happen due to its volatility. If they would be ready for the possibilities then they wouldn't expect too much out of it.

[Vaskiy]

What should new investors know about Bitcoin?

A common argument, bitcoin is a scam.

For most people that I encounter, that's the common question because what they know is when it says bitcoin, you will invest something like a ponzi scheme and it will grow. On that matter, I'd rather just keep quiet and let them think what they want because their door is closed for any information.

What should new investors know about bitcoin? The risks involved with it. It's better to understand the risk instead of getting profits.

Yes, you are right, where I also live, the first thing they tell me is that this is a scam and that it is a pyramid scheme, the truth is that the people who have told me these statements do not have any kind of financial education, it does not make sense sometimes to argue with them because they simply stick to what they see on TV or what some newscasts instill in them, I also had the opportunity to speak with an owner of a textile company where he told me that BTC was practically that, a scam, that if I told him why based on the characteristics of a pyramid scheme, based on history and I made a brief comparison with tulips, and I told him, FIAT money is much more bubble right now than BTC, and a possible recession It has been delayed because there is the fudamental of covid-19, of course when talking about the history, how it is even in the form of a bubuja chart and scam, he did not give me another argument to continue saying that it was a scam.

Nowadays there is better understanding, because in the past only news of bitcoin associated with illegal, scam and fraudulent activities gets broadcasted. This gives a negative opinion about bitcoin among common people who aren't good into technology related investment activities. At present often we can see news associated with bitcoin, as more and more exchanges are promoting their services.

Over the past two years, people have a different view upon bitcoin. Now they find it a legit asset and has considered for trading purpose and as an investment.

[Doell]

community ! new investors should to know the huge bitcoin community ,even from the side of the country to the other side of the earth
bitcoin does't move underground with a private system ,bitcoin is very transparent and all transactions are known so there is a high possibility for money laundering to be traced ! Don't be afraid to invest by looking at the slanted news outside because it's all fake ,higher the price it is the proof of satoshi intellectual digital product have many demand

[LUCKMCFLY]

What should new investors know about Bitcoin?

A common argument, bitcoin is a scam.

For most people that I encounter, that's the common question because what they know is when it says bitcoin, you will invest something like a ponzi scheme and it will grow. On that matter, I'd rather just keep quiet and let them think what they want because their door is closed for any information.

What should new investors know about bitcoin? The risks involved with it. It's better to understand the risk instead of getting profits.

Yes, you are right, where I also live, the first thing they tell me is that this is a scam and that it is a pyramid scheme, the truth is that the people who have told me these statements do not have any kind of financial education, it does not make sense sometimes to argue with them because they simply stick to what they see on TV or what some newscasts instill in them, I also had the opportunity to speak with an owner of a textile company where he told me that BTC was practically that, a scam, that if I told him why based on the characteristics of a pyramid scheme, based on history and I made a brief comparison with tulips, and I told him, FIAT money is much more bubble right now than BTC, and a possible recession It has been delayed because there is the fudamental of covid-19, of course when talking about the history, how it is even in the form of a bubuja chart and scam, he did not give me another argument to continue saying that it was a scam.

Nowadays there is better understanding, because in the past only news of bitcoin associated with illegal, scam and fraudulent activities gets broadcasted. This gives a negative opinion about bitcoin among common people who aren't good into technology related investment activities. At present often we can see news associated with bitcoin, as more and more exchanges are promoting their services.

Over the past two years, people have a different view upon bitcoin. Now they find it a legit asset and has considered for trading purpose and as an investment.

You are right, although sometimes in important newscasts like CNN they continue to give BTC as an asset of extreme danger, even some recognized economists do not recommend it, volatility does not give them, but still they show that BTC has risen and show it as possible bubble, just wait for the fall for them to have more favorable arguments for their ideas. The bad thing about this is that this newscast is seen by many Persians around the world, on CNN in Spanish too, the former Xavier never recommends BTC, in fact they always mix it with the NFTs that are Scam, the truth in that newscast they have a war towards the crypto world.

[sabaru1212]

Bitcoin does not create debt

[Agbe]

What should new investors know about Bitcoin?

Most people believe that Bitcoin is a scam, while others believe that it is real. And some group of people don't believe the existence of Bitcoin.

The new investors should know the rudiments of the currency exchange rate. Mostly trading.

[stomachgrowls]

What should new investors know about Bitcoin?

Most people believe that Bitcoin is a scam, while others believe that it is real. And some group of people don't believe the existence of Bitcoin.

The new investors should know the rudiments of the currency exchange rate. Mostly trading.

Just let them be and on the time that they had known on whats its actual value and relevance of its existence then they would be surely feeling off on regretting that they had missed out something

which could potentially able to make out some profits but its not really too late for them to engage though and we know that we cant please everyone and on the time that they had realized then there

are really long days which they had missed out to engage or missing out the action.Common arguments about bitcoin is there on which criticisms would be that common.

[Marykeller]

Investors should bear in mind that bitcoin is not a get rich scheme, they should invest with their spare money.
Bitcoin is a digital currency, it's volatile(market fluctuates). It can't be controlled by anyone or predicted what the future holds about it. Bitcoin is the best way to store your future assets(money) and expect dividends in the future than saving them in the bank. Money invested in bitcoin cannot be lost if your private keys are stored up in a safe place.

[24Kt]

Investors should bear in mind that bitcoin is not a get rich scheme, they should invest with their spare money.
Bitcoin is a digital currency, it's volatile(market fluctuates). It can't be controlled by anyone or predicted what the future holds about it. Bitcoin is the best way to store your future assets(money) and expect dividends in the future than saving them in the bank. Money invested in bitcoin cannot be lost if your private keys are stored up in a safe place.

Sad to say, that a lot of newcomers in crypto have this kind of mindset. That crypto market is a get-rich-quick scheme. And once they got on board, they realized that it is far from that expectation. If they are diligent enough, they won't give up but work on their way up to learn more about this market. And later on, they can reap their rewards. But for some, once they leave this market, they usually spread fud or other misleading ideas, wherein, other people will get a negative notion about crypto.