How was your belief formed?

[hugeblack]

Unfortunately, many people, when they do not understand something, simply resort to the easy solution, which is to assume that this thing is a scam, or that it is illegal/deception of investors, and from here every new investment or incomprehensible opportunity revolves in that direction.

Your words will be logical if you do not depend on the money that you intend to invest, meaning that it is money that you will not be afraid to lose in any way, then the investment will be logical and reasonable, but if you are investing money like money that you need during the next two years, it may be a great risk.

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[carlfebz2]

Dont mind them because people who doesnt know anything about Bitcoin would be always be having those kind of negative approach and ideas but its better to ignore them and continue on what you are doing.

Its true that its a speculative asset but its your money in the first place and you are the ones who do make out such decision on whenever you do decide to make up an investment.Its not their right
on where you would be putting up your money.

You would really be expecting negative inputs and insights for those traditional investors which its not that shocking anymore.

[ShowOff]

If you know what the history is, then you should probably only be optimistic about the future of bitcoin. Obviously we are only talking about the uncertain future, but bitcoin is an asset that is not going to die just because of a price correction and some negative news. My belief about bitcoin from year to year is getting stronger, it is formed from how bitcoin records its history. Adoption continues to increase and more countries will consider the technology.

I don't care what anyone says, they are free to say anything about bitcoin and my passion for it. But they are not the people who are responsible for our lives.

[len01]

-snip

I thought I would like to know how your trust process builds up in investing your money in bitcoins?

the reason I believe in bitcoin is quite simple, bitcoin always gives the best after the halving starts and after a 4 year cycle. I don't care even if the cycle changes I will still hold onto the bitcoins that I have and always collect as much as I can and bullish will definitely come.
there are lots of people out there who underestimate bitcoin investment when they don't know how valuable it is to have bitcoin with high utility and they only see the fluctuations without going into what bitcoin is.
of course there are lots of people out there who invest in bitcoin and are laughed at by friends, relatives and even family, but that is not an obstacle to collecting bitcoin and proving that bitcoin does have value in the future.

[zaki12]

regardless of the words of friends who underestimate bitcoin, I am 90% sure that bitcoin is the future, at this time there are still many who take bitcoin for granted even though if they want to find information on bitcoin there is so much at this time.

I've seen Bill Gates' interview on YouTube, about the internet, email, social media, he was even laughed at because at that time, it was a strange thing, people only judged something that at that time made sense, until in the end when everyone used it, they just so the last follower, this is directly proportional to investment, people buy and are tempted when they see the price soar, not when the price is low and when no one is interested, especially the current state of the global economy, bitcoin would be better to invest in for the future .

[MarjorieZimmermanGinger]

I thought I would like to know how your trust process builds up in investing your money in bitcoins?

There are several views from people about bitcoin, trust before starting accompanied by knowledge about the journey of bitcoin, early 2017 I started trying to learn about bitcoin in terms of investment, because at that time many of my friends started investing. Unknowingly this influenced my subconscious psychology to try, and it really got me hooked to collect bitcoins gradually, precisely when bitcoin reached ATH in 2021, this incident hit me psychologically because I didn't try to buy bigger when the bitcoin price has not reached ATH.

To this day bitcoin is known as the best investment asset in the long term, many understandings that previously did not trust bitcoin, instead these people have been in the current investment model and around me more and more people are trying to learn about it, although there are also those who refuse truth about bitcoin.

[Keyreysek]

I know bitcoin recently, I often hear my friends talk about bitcoin and other cryptos,
at that time I felt curious, so I asked my friend directly, what is bitcoin?
after that my friend explained what bitcoin is, its origins, and who is its creator.
after that I was looking for information myself about investing in this bitcoin, and I found this forum.
but until now I haven't bought bitcoin, because I don't have enough money to buy it, and maybe it's not the time yet, because I still don't understand all the systems,
but even so I really want to buy bitcoin and very excited.

[CageMabok]

regardless of the words of friends who underestimate bitcoin, I am 90% sure that bitcoin is the future, at this time there are still many who take bitcoin for granted even though if they want to find information on bitcoin there is so much at this time.

There's no need to be surprised or pay attention to those who still underestimate Bitcoin, because basically they also don't know about Bitcoin and still won't want to know about Bitcoin because their prestige is far greater than the desire to learn to know anything they don't know yet. This means that when they refuse to learn for the sake of knowing about Bitcoin just because the person who invited them has not been successful, then they will continue to consider their own prestige more than trying to learn new things like Bitcoin.

I've seen Bill Gates' interview on YouTube, about the internet, email, social media, he was even laughed at because at that time, it was a strange thing, people only judged something that at that time made sense, until in the end when everyone used it, they just so the last follower, this is directly proportional to investment, people buy and are tempted when they see the price soar, not when the price is low and when no one is interested, especially the current state of the global economy, bitcoin would be better to invest in for the future .

Bill Gates also never regrets when they underestimate what he said and also never thinks about the fate of those who don't want to listen to his words in the past for now. So you also don't need to think about those who are still underestimating because this is not very good for you and can make your enthusiasm for believing in Bitcoin disappear.

[Wapfika]

It’s a bit ironic to receive criticism on investing to Bitcoin from traditional traders while global economy is being hit by inflation. Besides we are on 2023 already which Bitcoin already surpassed the 60K USD mark price from nothing. How come you allowed them to ridicule you while Bitcoin itself outperformed any company stocks available in the market right now.

Bitcoin investment is already premium and I’m very proud to tell it to my friends that I get my money from it. Probably you are just too shy or not confident to your investment which is why your friends treat you that way. Show them some dominance that you choose the right investment decision.

[posi]

A few years ago, I was ridiculed by relatives and friends when they knew that I had invested in bitcoin. But now they can say they are afraid of me, they are so scared of me laughing at them because they see how much my life has changed in just a few years of investing in bitcoin. The best way to overcome those things, I can only say is to stay silent and focus on the goal, the things I have chosen. One day, they will have to bow to you.

[Sterbens]

A few years ago, I was ridiculed by relatives and friends when they knew that I had invested in bitcoin. But now they can say they are afraid of me, they are so scared of me laughing at them because they see how much my life has changed in just a few years of investing in bitcoin. The best way to overcome those things, I can only say is to stay silent and focus on the goal, the things I have chosen. One day, they will have to bow to you.

I think most of us who feel the same way when we are belittled for investing in bitcoin respond with silence. We don't care what they say, and we try to prove it with time accompanied by valid data. And things like that make those who will be silent in the end. And it's not uncommon for people who underestimate us from the start and even think we're stupid actually come to us to teach them about bitcoin. Here, what I am proud of is the magnanimity of bitcoin users, most of us actually welcome people who come to us even though their treatment in the past was not wearing.

[Dickiy]

If you know what the history is, then you should probably only be optimistic about the future of bitcoin. Obviously we are only talking about the uncertain future, but bitcoin is an asset that is not going to die just because of a price correction and some negative news. My belief about bitcoin from year to year is getting stronger, it is formed from how bitcoin records its history. Adoption continues to increase and more countries will consider the technology.

I don't care what anyone says, they are free to say anything about bitcoin and my passion for it. But they are not the people who are responsible for our lives.

It's true that the decision was not taken by them because it is our money and we are free to save wherever we want, but sometimes I am also a little influenced by what other people say with their logical nature, but maybe when we already know the clear direction of bitcoin and memorize its history , I don't think it will be too affected by the words of the people around you.
Fluctuations are a normal thing in any market, but after we see that many people are starting to consider bitcoin, as you said, many countries are starting to conduct studies on bitcoin and some have even legalized it as a legal currency, such as El Salvador, it is natural for us to believe stronger.

[Reid]

The first time my eye opened with investment options was working for a job who checks their annual reports and portfolios. That hit me big time when I saw the number/amounts they are investing. It made me think, what's stopping an average Joe to do the same as this companies did?
The best part came in when cryptocurrencies are being offered like an asset although that is not the real purpose of it. That's when I started to take the risk.
"It will always go up." I never stop thinking about that, and my trust process always come from that belief.
There will be flaws, down market, whale dumps, and so on, but it always amazes me when it goes back up and people are starting to hype it again.

[Gozie51]

If ATH is formed again in 2024 or 2025 I think there will be 10 times more people adopting bitcoin and learning about it than today (or maybe even more than 10X) and I would really like to laugh at my friend who insulted me.

I thought I would like to know how your trust process builds up in investing your money in bitcoins?

People or friends won't believe you when you talk of bitcoin investment except that they have seen some evidencial changes in your finance. You don't expect your friends listening to your investment if you are going back to them for financial help, it is this simple. if you have been around since 2017 then you will be able to tell the progress that bitcoin have gone to different ATH which is your story  So either they will also monitor how bitcoin has progressed by themselves. I don't bother myself after little time of educating someone.

[ScamViruS]

Investments are those that you know well and are prepared for any eventuality. Others may not know what you know, so they want to impose their opinion on you. Discussing Bitcoin with my relatives, they are more interested in calculating profit ratio than getting details about anything. So I think, Bitcoin investment is not for everyone, there are some lucky ones like us who have invested in assets like Bitcoin for our bright future.

[Welsh]

Quite a few of my friends and family used to do the same when I started investing in crypto when it was ~$200, the ones that have actually tracked it since then (or have a reddit account) no longer feel the same and normally try to change the subject when it gets  brought up...

This sounds extremely familiar. I actually hate when Bitcoin gets brought up, which is quite frequent at family, and friends gatherings since they know I've been involved in it for years. I've had people who I haven't talked to in years message me years later because they know I was invested in Bitcoin, and asked about it.

I tend to avoid all discussions about it, because whenever I've tried to help someone understand it seems by our next meeting they ask the same questions, and make the same infuriating statements. So, I've practically given up. 

[slapper]

My belief in bitcoin started off as a way to make some extra cash. A rapper in my country showed me the way that we could earn with bitcoin. I was young, had no direction in life, and was just trying to see whether I can make a living or not. Then I stumbled upon bitcoin, and it changed everything for me. I started to make money with the faucets, buying/selling stuff on forums, offering service for bitcoin, and it gave me a sense of purpose (I was young and dumb lol). As I delved deeper into the world of bitcoin, I began to understand the true potential of decentralization and the power of blockchain technology. I saw how it could empower people and give them more control over their own lives, free from centralized systems. It's faster, cheaper, and more secure than traditional currencies, and it has the potential to revolutionize the way we think about money and financial systems. The way that governments and central banks have tried to control and manipulate traditional currencies makes me sick. Bitcoin and blockchain are the way to break free from that kind of control, free from authority, and free from the status quo.

I just trust the code more than I trust any human or government. People after all are all untrustworthy and greedy and evil. I believe in the power of bitcoin and the code of blockchain to change the world for the better place. And after many cycles, people like us just have even more faith in this revolutionary technology. Right now I am preparing for the next phase of cryptocurrency. I will try to collect as many bitcoin as I can and a price below $16000 is definitely my aim

[bangjoe]

A few years ago, I was ridiculed by relatives and friends when they knew that I had invested in bitcoin. But now they can say they are afraid of me, they are so scared of me laughing at them because they see how much my life has changed in just a few years of investing in bitcoin. The best way to overcome those things, I can only say is to stay silent and focus on the goal, the things I have chosen. One day, they will have to bow to you.

Of course this is a motivation for me, and I don't have to put up a fight against those who mock me, because even putting up a fight will be useless when we haven't made anything from bitcoin.

Quite a few of my friends and family used to do the same when I started investing in crypto when it was ~$200, the ones that have actually tracked it since then (or have a reddit account) no longer feel the same and normally try to change the subject when it gets  brought up...

This sounds extremely familiar. I actually hate when Bitcoin gets brought up, which is quite frequent at family, and friends gatherings since they know I've been involved in it for years. I've had people who I haven't talked to in years message me years later because they know I was invested in Bitcoin, and asked about it.

I tend to avoid all discussions about it, because whenever I've tried to help someone understand it seems by our next meeting they ask the same questions, and make the same infuriating statements. So, I've practically given up. 

Maybe I should also stay away from gatherings that talk like that over and over again, it's true that the same words and questions every gathering are very annoying, maybe it's better for me to stay away, to be honest it's very tiring, maybe I'll follow your way.

[Yatsan]

It is a matter of consistency with what you are believing in the first place. As long as you have your own reason to continue with the thing you are passionate about, then you're good. It is just that people would doubt something they are not really aware of until they see the fruit of your 'labor'. As others have mentioned, many of us experienced such doubts from people around us regarding this technology. But on a broad perspective, it is just a misconception and misunderstanding. Since you are the one who knows well of this industry, it is somewhat not surprising to know that you are the only to be amazed of the potential for this technology. Just continue as you believe.

[Fundamentals Of]

There will always be people who laugh at you and of Bitcoin. But you don't get affected, do you? Deep inside you, you know that you are doing the right thing and they're simply ignorant of what you are into. I have also encountered numerous crass opinions about Bitcoin and those who are supporting it, but I'm not affected. In my mind, why should I be reacting too much to them when I know I will have the last laugh and it is just a matter of time before they will regret not joining me instead.