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Author Topic: Some people started their BTC journey when things were more hopeless  (Read 295 times)
Mauser
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May 21, 2023, 12:57:56 PM
 #41

You beginners have no excuses, it is safer to be in Bitcoin now than to be out of Bitcoin, just, Believe, you will lament to have 0.1BTC very soon, now is the time to believe in Bitcoin and HoDL.

I fully agree with you, it makes no sense to wait for the best possible time to buy bitcoins. If you have the desire to own crypto currencies you should at least make the first step today and not keep watching from the sidelines. Finding the perfect time to buy and to sell coins is like playing the lottery and can end up letting us focus too much on the details and forget about the big picture. In case we have capital that we don't need and is only held in a savings account than I would consider moving it into bitcoin. That doesn't mean we should be buying all the coins at once for our money. The best approach when it comes to buying cryptos is the DCA method, which means we are buying a fixed amount of our fiat money over a long period of time. That could be buying every week or month for a year our coins, depending on our free capital available. Like that we don't have the issue of worrying too much about the current price. The chances are much better to achieve a good average price over a longer period of time, than with one single price.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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May 21, 2023, 01:15:33 PM
 #42

I like the general idea behind the lines of OP post. In btc we trust
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May 21, 2023, 01:34:24 PM
 #43

I don't think it's necessary to use stories to cajole people into believe and trusting in Bitcoin, I think if you use this method you would have to be consistently convincing them not to fear the market especially when there is little dips hear and there, the market is always volatile and it's a difficult task trying to convince someone about a particular Crypto-currency, and doing so you also making yourself liable to be held or blamed if they actually lose money from holding Bitcoin or any other crypto-currency.

I don't think he's trying to cajole people with his stories into the bitcoin forum,what I can grab is that he's trying to ensure that new entrants are bold and capable enough to embrace the good fortune that bitcoin has to offer to them;relating to their financial status or otherwise.He literally used the  right words by saying beginners should not give up on bitcoin.

But though I've heard some persons saying that as a new beginner,one should not rush or slide so early into the bitcoin market,trading bit coin or even investing in it.One can probably be in a terrible loss so early.

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May 21, 2023, 03:13:12 PM
 #44

And before beginners start investing in bitcoin, they must have discovered what the benefits of bitcoin are for them. And just like you, they need to know how bitcoin can help them to own something that can help them have a better life. When you know about bitcoin and believe it can help you, you should stick with it without doubting bitcoin.

And don't believe what people say about bad things will happen to bitcoin because you know better than they do. Don't be afraid to take the first steps to invest in bitcoin because even a baby starts to step on his feet one by one, falls, and continues to learn to walk. And the baby didn't stop until he could finally walk and even be able to run.

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