How was your belief formed?

[uche6215]

My belief on Bitcoin was formed when a friend of mine in the school bought a new car with he's profit, at first I didn't believe him untill I saw he's Bitcoin transactions I was like wow, at that time I was forced to learn little about Bitcoin stuff.

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[bbigtart]

The 2017 uptick followed by the huge 2018 gear growth convinced me it is going to last.

Btw right now we are far off ath of 69k but just like 2018 gear growth is massive.

So i have faith in another strong 💪 price rally

While it's still a long way from the $69K price Bitcoin once reached, the price rally is now also very good and is even closer to $25K again. Hopefully this good thing can continue past $69K so another ATH can build up very neatly in Bitcoin. Personally, I am also very optimistic that the increase in the price of Bitcoin will continue well this year and everyone will be happy when they see another increase in the price in these two days.

I have faith like you too friend. The best decision I ever made in my life was investing in the crypto market in the last few months. I Trust you guys, it really pays off a lot for the next few years.

[SirLancelot]

While it's still a long way from the $69K price Bitcoin once reached, the price rally is now also very good and is even closer to $25K again. Hopefully this good thing can continue past $69K so another ATH can build up very neatly in Bitcoin. Personally, I am also very optimistic that the increase in the price of Bitcoin will continue well this year and everyone will be happy when they see another increase in the price in these two days.

I have faith like you too friend. The best decision I ever made in my life was investing in the crypto market in the last few months. I Trust you guys, it really pays off a lot for the next few years.

We won't be here if we don't have a faith in Bitcoin. If we don't lose our faith when BTC is dumping hard last year then how much now when what we are witnessing are mostly increases and recoveries? I think many people now are more encouraged to buy and HODL than to sell compared to when we are on the bear market where most people are selling at a loss and then scared to buy more coins.

Each of us has a different belief in Bitcoin when we first start and not all are positive but there are also negative or also called as disbelief. We are still thankful that the disbelief that we feel are once again replaced by a belief after knowing more about Bitcoins.

[OgNasty]

For me it wasn’t an overnight thing. I slowly started working my way into Bitcoin by trying out all things Bitcoin related over time and growing more educated and comfortable with what risks I’m taking. I’m still learning but things have matured to the point where you just need to be aware of what to watch out for and if you’re safe and use BTC correctly the risks can be mitigated.

[KingsDen]

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?

It is correct that the Bitcoin market moves in circles and if bitcoin is able to make a new all-time high this means there will be massive adoption of Bitcoin and this will propel the price of bitcoin to a higher level.
It is always a habit that newcomers enter the crypto-currency market during every bull run, in fact towards the end of every bull run new comers will join the market making it difficult for some of them to make profits.
Rather most of them would dump with the market entring into the next cycle.

I share same fate with Op, about the cyclical nature of Bitcoin, that is what has kept me going and I believe that this cycle will not be a different.

[Kemarit]

I think when we realized that bitcoin has value and could be spend like Fiat, then obviously it was a perfect opportunity to earn it. And then later as we grow mature, it became a sound investment.

That's how it started for me at least way back and then there is no stopping from there.

2017, it was crazy run, and then we wanted more, 2020, we got more experienced which means we learn from our mistakes. And then next year, it could be bigger and more crazy runs leading to a new all time high.

[Joshapat]

I knew bitcoin about 9 years ago, at that time I often saw special reviews about bitcoin on Bloomberg tv and often reported on the collapse of bitcoin which dropped from $ 1100 in 2013 to below $ 200, at that time the closing review was saying that staying away from bitcoin was better than investing , but this made me curious so I read a lot about bitcoin and at that time I could earn for free, because I was still in school and had no money to invest, I participated in many bitcoin giveaway sites, faucetbox, and so on, I even won the lottery 3 btc at freebitco.in.

[tygeade]

I knew bitcoin about 9 years ago, at that time I often saw special reviews about bitcoin on Bloomberg tv and often reported on the collapse of bitcoin which dropped from $ 1100 in 2013 to below $ 200, at that time the closing review was saying that staying away from bitcoin was better than investing , but this made me curious so I read a lot about bitcoin and at that time I could earn for free, because I was still in school and had no money to invest, I participated in many bitcoin giveaway sites, faucetbox, and so on, I even won the lottery 3 btc at freebitco.in.

I was in bitcoin a bit before that, during the time when it moved from 180 dollars to 1200 dollars, I got in on early 2013 so saw the price actually going up, and then going down. Believe me, it didn't really change much to be a bit earlier, because we didn't know that bitcoin would recover, now we know and now I hold it even when we are in bear market, but at the time I didn't know this, and sold mine.

I did the same methods, worked and found places and even founded a faucet once, and eventually made some profit from all of them and of course ended up selling them a bit later on. That's just how I do, it's just not easy thing for me at all to accept but that's the reality, millions gone basically.

[Hamphser]

I knew bitcoin about 9 years ago, at that time I often saw special reviews about bitcoin on Bloomberg tv and often reported on the collapse of bitcoin which dropped from $ 1100 in 2013 to below $ 200, at that time the closing review was saying that staying away from bitcoin was better than investing , but this made me curious so I read a lot about bitcoin and at that time I could earn for free, because I was still in school and had no money to invest, I participated in many bitcoin giveaway sites, faucetbox, and so on, I even won the lottery 3 btc at freebitco.in.

I was in bitcoin a bit before that, during the time when it moved from 180 dollars to 1200 dollars, I got in on early 2013 so saw the price actually going up, and then going down. Believe me, it didn't really change much to be a bit earlier, because we didn't know that bitcoin would recover, now we know and now I hold it even when we are in bear market, but at the time I didn't know this, and sold mine.

I did the same methods, worked and found places and even founded a faucet once, and eventually made some profit from all of them and of course ended up selling them a bit later on. That's just how I do, it's just not easy thing for me at all to accept but that's the reality, millions gone basically.

For those who got in early but missed out on saving those coins neither Bitcoin or to those current top altcoins then it would really be giving out that kind of regret feeling but well there's nothing we can do but to

move on.Although it is really that cant really be avoided not to think on how it would become if you do able to hold into those early years.Even myself had lots of missed opportunities which i do keep on

thinking back because who doesnt really like on being rich?  but well its not really that late on investing but now we should really be more wise on taking up decisions.
No one really knows on what would be the future and this is why we do missed out opportunities and somewhat needed up to have some mix of luck. hehe

[GeorgeJohn]

My belief on Bitcoin was formed when a friend of mine in the school bought a new car with he's profit, at first I didn't believe him untill I saw he's Bitcoin transactions I was like wow, at that time I was forced to learn little about Bitcoin stuff.

I want to encourage you so that you won't depart or be curious to make same profit he made to purchase a car. Any thing concerning cryptocurrency investment have do with time so it will enable you to scrutinized the market before investing, but the process whereby you consider your friend purchasing a car with Bitcoin and venture into Bitcoin investment without knowing the rules and regulations or the rudiments of Bitcoin, it's very obvious that you will end up landing on the losing side of Bitcoin investment due to you don't have the pre -knowledge of it.

[Mpamaegbu]

I used to feel slighted back in the day when those I tried to talk to about Bitcoin would throw it in my face, mocking it as a scam. These were people who hadn't heard anything about Bitcoin before I introduced it to them, yet they mocked it instead of trying it out. That was in 2017. Some of them I even introduced to this forum but they later relented and dropped out. Fast forward to 2023, some of them are getting interested in the investment aspect of it. Sadly, I ain't that excited to waste my precious time on them anymore. I've moved on.

[bettercrypto]

My belief on Bitcoin was formed when a friend of mine in the school bought a new car with he's profit, at first I didn't believe him untill I saw he's Bitcoin transactions I was like wow, at that time I was forced to learn little about Bitcoin stuff.

Was in my experience when my close friend shared it with me, I didn't immediately believe in bitcoin, because I didn't understand it because it just told me I could earn it here I didn't give it a go right away At least, a few months later I found out that my friend who shared with me was earning that I had an interest and found out how to earn it and study and I knew it but I didn't immediately notice it because it was too deep for me.

    I just believed here when I witnessed Bitcoin's bull run in 2017 last month, here I have just believed to gather bitcoin but I have experienced earning in Altcoins this year even though. So it wasn't even in my mind at this time that Bitcoin would gather.

[Jody.Drummer]

I used to feel slighted back in the day when those I tried to talk to about Bitcoin would throw it in my face, mocking it as a scam. These were people who hadn't heard anything about Bitcoin before I introduced it to them, yet they mocked it instead of trying it out. That was in 2017. Some of them I even introduced to this forum but they later relented and dropped out. Fast forward to 2023, some of them are getting interested in the investment aspect of it. Sadly, I ain't that excited to waste my precious time on them anymore. I've moved on.

I understand how disappointed and angry you are when you are belittled when you introduce bitcoin, and I think not a few people have experienced that. It is a risk that we must accept gracefully when introducing bitcoin to those who do not know it. And it's proven, time will tell everything, I mean over time they will realize that what you say is true and they start to realize that bitcoin is a valuable asset. But if I may give advice, then come back if they ask you back. Because what I'm worried about is that they learn from the wrong and irresponsible people, so that it will harm them later. I don't mean to be patronizing, but it would be better to let down the ego a little.

[dunfida]

I used to feel slighted back in the day when those I tried to talk to about Bitcoin would throw it in my face, mocking it as a scam. These were people who hadn't heard anything about Bitcoin before I introduced it to them, yet they mocked it instead of trying it out. That was in 2017. Some of them I even introduced to this forum but they later relented and dropped out. Fast forward to 2023, some of them are getting interested in the investment aspect of it. Sadly, I ain't that excited to waste my precious time on them anymore. I've moved on.

I understand how disappointed and angry you are when you are belittled when you introduce bitcoin, and I think not a few people have experienced that. It is a risk that we must accept gracefully when introducing bitcoin to those who do not know it. And it's proven, time will tell everything, I mean over time they will realize that what you say is true and they start to realize that bitcoin is a valuable asset. But if I may give advice, then come back if they ask you back. Because what I'm worried about is that they learn from the wrong and irresponsible people, so that it will harm them later. I don't mean to be patronizing, but it would be better to let down the ego a little.

We do have that ego and pride specially when its been touched up earlier because you had been ignored nor really that been rejected.Just like me on which on the time i do make out some explanation into someone
but ending up that looks like that im just joking or trying out to swindle them which it do really give out that kind of feeling which you would really be that angry which is understandable.

This is why im not really that a fan on telling someone on what they should gonna do and let them able to know about cryptocurrencies existence when it comes to this manner.
Just let the awareness do spread out on its own.

[Davian144]

I knew bitcoin about 9 years ago, at that time I often saw special reviews about bitcoin on Bloomberg tv and often reported on the collapse of bitcoin which dropped from $ 1100 in 2013 to below $ 200, at that time the closing review was saying that staying away from bitcoin was better than investing , but this made me curious so I read a lot about bitcoin and at that time I could earn for free, because I was still in school and had no money to invest, I participated in many bitcoin giveaway sites, faucetbox, and so on, I even won the lottery 3 btc at freebitco.in.

In the past, you were really lucky by getting three units of Bitcoin through the lottery and some free ones through the programs and sites you mentioned. And from all the results you have gotten in the past, of course you will already be a very rich person in 2021 if you have never sold your Bitcoin at a cheap price. Because now it is very difficult to get Bitcoin for free on some sites and programs like in the past, so the luck that you got in the old days is very extraordinary luck.

[lienfaye]

The time I witnessed the bear market and then the price bounce back again, that's how I started to believe. I did my research on the history of Bitcoin and was convince that this is the right investment for me. Because before I engage myself in Bitcoin, I'm a victim of scam believing in a too good to be true offer. I started using Bitcoin as currency, just my way to send/receive money. But after noticing the fluctuations and how early investors made profit through it then I tried to hold as well and I gained after months of waiting.

I used to people calling it as scam because some are using it as a tool to scam other people. However if you dig deeper, you'll know the fact that all the accusations are not true.

[LittleBitFunny]

I used to feel slighted back in the day when those I tried to talk to about Bitcoin would throw it in my face, mocking it as a scam. These were people who hadn't heard anything about Bitcoin before I introduced it to them, yet they mocked it instead of trying it out. That was in 2017. Some of them I even introduced to this forum but they later relented and dropped out. Fast forward to 2023, some of them are getting interested in the investment aspect of it. Sadly, I ain't that excited to waste my precious time on them anymore. I've moved on.

I understand how disappointed and angry you are when you are belittled when you introduce bitcoin, and I think not a few people have experienced that. It is a risk that we must accept gracefully when introducing bitcoin to those who do not know it. And it's proven, time will tell everything, I mean over time they will realize that what you say is true and they start to realize that bitcoin is a valuable asset. But if I may give advice, then come back if they ask you back. Because what I'm worried about is that they learn from the wrong and irresponsible people, so that it will harm them later. I don't mean to be patronizing, but it would be better to let down the ego a little.

If it were me, I wouldn't return to them, it's a furious feeling. I was also ridiculed in 2017 for talking about bitcoin with my friends, but in 2021 they really have a different view of me because of what I have achieved investing in bitcoin. My friends came back to ask me about investing in bitcoin, and I flatly refused, saying that if they wanted to be like me, they had to go through what I went through in the past. They need to find a way for themselves, and if they accidentally get scammed, that's not necessarily a bad thing for them, it's another lesson in a thousand lessons in life.

[Mpamaegbu]

~snipped~

I don't mean to be patronizing, but it would be better to let down the ego a little.

~

We do have that ego and pride specially when its been touched up earlier because you had been ignored nor really that been rejected.

Well guys, not really ego bruising. Slighted, yes but not ego crushed. It was more of them allowing their ignorance to drown my goodwill for them as it were. Ego was the last thing that crossed my mind while that experience I narrated took place. Now, going back to repeat anything about Bitcoin to those set of people would be a waste of my precious time. I don't have such time to waste as I'm more occupied now than I was then. However, that's not to say one or two of them from the past haven't realized what they missed then not listening to me.

[Jody.Drummer]

I understand how disappointed and angry you are when you are belittled when you introduce bitcoin, and I think not a few people have experienced that. It is a risk that we must accept gracefully when introducing bitcoin to those who do not know it. And it's proven, time will tell everything, I mean over time they will realize that what you say is true and they start to realize that bitcoin is a valuable asset. But if I may give advice, then come back if they ask you back. Because what I'm worried about is that they learn from the wrong and irresponsible people, so that it will harm them later. I don't mean to be patronizing, but it would be better to let down the ego a little.

We do have that ego and pride specially when its been touched up earlier because you had been ignored nor really that been rejected.Just like me on which on the time i do make out some explanation into someone
but ending up that looks like that im just joking or trying out to swindle them which it do really give out that kind of feeling which you would really be that angry which is understandable.

This is why im not really that a fan on telling someone on what they should gonna do and let them able to know about cryptocurrencies existence when it comes to this manner.
Just let the awareness do spread out on its own.

It is one of human nature so it is quite natural because indeed we have a high level of ego and greed as for other people who laugh at and are slapped by the fact that bitcoin is in much better condition than the previous few years, at least we have proven that bitcoin is one of the best place for Investment and it's not a scam like they used to think.
Giving more understanding to people who want to know can still be done, but for now there might be a limit when it's just sharing with people who want to hear it, so I think it can still be done.

[bitterguy28]

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

It is first that altcoin was presented to me by a friend , as he was earning from that I though i will give it a try but not after I learned about this forum and of course bitcoin.
I spend time to read and understand everything about crypto here and yes started to invest more of my time here in Bitcointalk that helps me developed more of my belief and till now? i trust bitcoin and all of my folio.