A reminder to all new Bitcoin investors

[KiaKia]

So I was day trading on Huobi exchange today and I come across a new update from the exchange with this beautiful information, I believe this is strictly for the new Bitcoin adopters



The image above is from Huobi exchange, it shows that now matter how good a new innovation is, the old ones won't want to see it prevail, they will ridicule it to the core, do not be fooled, technology is advancing and Bitcoin is simply the most reliable better digital currency and a big headache for the banks.

Stay away from any Bitcoin FUD and always remember that Bitcoin has faced death so many times and still prevails, this is beyond stoppable for the haters now, the only thing they are capable of is the CBDC and FUDs.

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[Ojima-ojo]

Stay away from any Bitcoin FUD and always remember that Bitcoin has faced death so many times and still prevails, this is beyond stoppable for the haters now, the only thing they are capable of is the CBDC and FUDs.

I have stayed away from funds ever since I got into Bitcoin,  this is because I was already experienced in the way competitors work on the mindset of their potential clients by discrediting newer and effective innovations.

Fuds have always been that way and only the gullible can be deceived by such comments, at least I know enough to decide which is bad and which is acceptable.

And to that point Bitcoin is the best form of the store of value and a hedge over inflation.

[mendace]

The message in the image from Huobi exchange is encouraging new Bitcoin adopters to not be discouraged by negative opinions and "FUD" (fear, uncertainty, and doubt) surrounding the cryptocurrency. It highlights that technology is advancing and Bitcoin is a reliable digital currency that has faced challenges before but has always persevered. The message also mentions that the only thing the "haters" can do now is create central bank digital currencies (CBDCs) and spread FUD.

[Dunamisx]

Life is all about competition and readiness to take risk which also requires your serious determination before you can experience the best of it, those that are not yet into the digital era of bitcoin don't actually knows what they have been missing not until one day that they will decided to give a try, bitcoin is obviously different from every other technological development today because all about bitcoin is in a unique way like no other, talking about the decentralization, anonymity, volatility, profitability, availability, immutability and so on that we all benefits from bitcoin.

[franky1]

the main ones i remember was

"email wont catch on" - postal service
"digital photos wont catch on" - kodak film

[Ndabagi01]

All these information about bitcoin is a good one for beginners to know. But in as much as a beginner has made up their mind to learn more about bitcoin, they shouldn’t be discouraged by the negative sayings about bitcoin but rather leverage on how to be better and productive in what they stand to gain about bitcoin in the cryptocurrency market. We are in a competitive age, so fake and unreliable facts will be the words of the fellow competitor vying to make their same business better as them, which they also want to prevail amongst others.

[Cryptomultiplier]

The image OP used is very catchy and conveys popular opinion of competitors. The fact that Bitcoin has been afloat despite market fluctuations is a proof of trust to show that it is and will remain a name to recon with in the decentralized system of crypto currency and exchange.
 
Investors or newbies delving in, need not panic about the authenticity of its service, but learn how to invest following bear and bull run that affect margins of profit/gains.

[Mate2237]

The image OP used is very catchy and conveys popular opinion of competitors. The fact that Bitcoin has been afloat despite market fluctuations is a proof of trust to show that it is and will remain a name to recon with in the decentralized system of crypto currency and exchange.
 
Investors or newbies delving in, need not panic about the authenticity of its service, but learn how to invest following bear and bull run that affect margins of profit/gains.

Yes and the OP used the image to interpret the whole thread which has again explain to layman understanding, though at first I didn't understand what op was saying but could understand it later. The downtrodden (coming down of suffering in the bear markets) of bitcoin is to favour some investors then the bull as well is also to benefit some investors, but the bull is the best in the crypto investment.
Bitcoin investment should be made to the age of +18 so that they bear the risk in it.

[aoluain]

the main ones i remember was

"email wont catch on" - postal service
"digital photos wont catch on" - kodak film

Ha ha - as a photographer, I know that one about Kodak!


Nice graphic by Huobi, its actually quite a strong one.

Stay away from any Bitcoin FUD and always remember that Bitcoin has faced death so many times and still prevails, this is beyond stoppable for the haters now, the only thing they are capable of is the CBDC and FUDs.

So true, when I hear that crap in the media it doesnt even register with me anymore.
I have heard it all before and have become completely desensitised to their messages.

[drwhobox]

This banner helps to attract newbies or new users to trust bitcoin and its value. They list some of the modern technology which replaced the old ones. Bitcoin may be fairly new in the market, but it has already significantly impacted our lives, and more people are now adopting bitcoin.

Op, Nokia also rejects to switch their phones to android. I can not remember what they quoted at that time. But they also miss out on the technology first.

[Scripture]

Stay away from any Bitcoin FUD and always remember that Bitcoin has faced death so many times and still prevails, this is beyond stoppable for the haters now, the only thing they are capable of is the CBDC and FUDs.

FUD will still be part of the market, either you take actions from this or you’ll just ignore it.
To become successful I think its better if you have your target price and cut loss price, by this you’ll know when to exit the market and avoid from any big losses.

Bitcoin will always rise, just try to maximize its trend if you’re a long term player, there’s also an opportunity during the FUD, just continue to look for the perfect timing.

[hatshepsut93]

New thing is not guaranteed to replace the old thing just because it's new. I can demonstrate the absurdity of this narrative by pointing out that every of the thousands of altcoins claims that it's going to replace Bitcoin soon. And yet they don't, just like Bitcoin is not replacing banks.

[coolcoinz]

the main ones i remember was

"email wont catch on" - postal service
"digital photos wont catch on" - kodak film

There's always a group that feels threatened by new technologies or innovations.
There are numerous false statements made by people who were into computers like Bill Gates, who said in 1994: "I see little commercial potential for the internet for the next 10 years."
If someone familiar with computers and the Internet, who was programming in the 70s, so he had decades of experience, could be so wrong, so can be any of the current so called "financial experts."

What amazes me is that people trust Buffet and Munger on this when these people have never been interested in tech stocks. They're mentally stuck in the 20th century and completely missed the rise of Google, Facebook and Amazon. Now they suddenly have an opinion on the market they don't understand and don't participate in.

[uchegod-21]

The message in the image from Huobi exchange is encouraging new Bitcoin adopters to not be discouraged by negative opinions and "FUD" (fear, uncertainty, and doubt) surrounding the cryptocurrency. It highlights that technology is advancing and Bitcoin is a reliable digital currency that has faced challenges before but has always persevered. The message also mentions that the only thing the "haters" can do now is create central bank digital currencies (CBDCs) and spread FUD.

Every new innovation or technology always face difficulty breaking through and the major difficulty they face is posed by their older competitors that the new innovation wants to obsolete. But one remarkable thing is that if the new technology has the ability to extinct the old, no matter how false information is flagged against the new technology, the new technology must prevail only if it has the ability to solve a big old unsolved problem.

[Fivestar4everMVP]

For those of us who have been here, buying and selling bitcoin for a very long time now, I personally do not consider this topic as serious, since our minds are pretty made up never to give up on bitcoin, no matter what comes, and it doesn't matter if the price of bitcoin return back to $1000.

But going to the newbies out there, the OP is as important to keep them motivated, and all that houbi said in the infographics which the Op shared is absolutely true, every new technology has faced some level of criticism before they finally become mainstream tech for the entire world, bitcoin is no different, bitcoin, like every other mentioned is a new tech, and normally, must have its own share of criticism before it finally enters the mainstream payment system of the world, so buy and hold your bitcoins tight.

[PX-Z]

Stay away from any Bitcoin FUD and always remember that Bitcoin has faced death so many times and still prevails, this is beyond stoppable for the haters now, the only thing they are capable of is the CBDC and FUDs.

Actually almost everyone knows about bitcoin. But where blinded on what media is showing. Because most media news will only make a headline when someone got hacked on bitcoin, scammed, lost because of theft, bankruptcy, in short bad publicity. Misinformation is the problem.

On the other hand, many are actually bullish to bitcoin but become disappointed when faced security compromised, hacking/stolen, phished, etc.
Investing bitcoin is not just having or buying them but having full security, safe device and good practice of keeping them. These should be taught not just "you will be rich and financially literate when you invest long term in bitcoin"

[CryptoPanda]

I don’t think bitcoin will replace traditional banking, they will never allow that to happen. Bitcoin disrupts the system put in place by the 1% who rule the world to keep the rest of the population under control. I don’t think Satoshi believed bitcoin would replace fiat system, I believe he created bitcoin to give us a second option even though banks and governments won’t admit it bitcoin is a better and more reliable payment system.

[dunfida]

Stay away from any Bitcoin FUD and always remember that Bitcoin has faced death so many times and still prevails, this is beyond stoppable for the haters now, the only thing they are capable of is the CBDC and FUDs.

And those new ones would become old ones and be tried to be replaced by new ones and the cycle continues.This is why its never been that ideal to be conclusive in things.Its not bad to be that optimistic but dont make yourself do stick into it because nothing do last forever but somehow basing up on the progress and changes then we can really say that it is really be currently the big thing as of this moment.
You could both deal on things which is basing or according into your preference.Whether we do hate up fiat and banking system due to centralization but we cant still ignore considering
that they are still mainly being used along the way.

[suzanne5223]

I believe the information was for both new and old Bitcoin adopters. If you check the forum during the market bearish you'll be surprised how some old users lose trust in the Bitcoin market due to the partial downtrend that was introduced to complement the market and also introduce a new buying opportunity to the people.

[Iroh]

Looking at it from an economic perspective, one would understand why old businesses would be scared of the new attractive innovative new businesses that come with new and amazing technologies. Of course they would be scared and create a whole lot of misinformation and outright lies, sharing and spreading propaganda to discredit the new innovations.

Bitcoin has withstood and is still withstanding the test of time as it has been predicted countless number of times over the years of the demise and fall of bitcoin.
Sadly, the exchange would not promote users directly holding their own coins.