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Author Topic: My mistake was making my involvement with Bitcoin public  (Read 510 times)
serjent05
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May 25, 2023, 04:36:31 PM
 #41

Have I said something too harsh? He took this personal and report me to my eldest brother, my brother said I shouldn't mind, he doesn't know that my brother is now also a Bitcoin investor, my mistake was making it public, which my brother never did.

The tone of your answer is somehow disrespectful.  You can just keep quiet and pretend to listen and do what you wanted to do.  Instead you flared out and answer your uncle disrespectfully when your uncle just wanting to extend his concern to you.  He has a point, Bitcoin may or may not fail one day, if you put all your resources in Bitcoin and it fail one day then you will be in trouble.  Looking to add another source of income is always better than having just one.

Quote
If you are still planning to get into Bitcoin, don't post anything about it in family group chat or on your WhatsApp status, this was my biggest mistake.

You hate your uncle for  advising you what to do and yet you are here telling us what we need to do.   You hate someone giving you advice and yet you are here giving others advice isn't it ironic?

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May 25, 2023, 04:45:47 PM
 #42

Are you still into Bitcoin? You need to find something else to do, Bitcoin will fail soon because there is nothing that can take away the money printing machines, the government will keep printing money because they like been the printer, they can't print Bitcoin that's why it will fail, stop living a dream and do something good with your life before it's too late.
Have you ever told the man that government will stop printing money because of bitcoin, and did you tell him we want government to stop printing money because of bitcoin? We don't want the government to stop printing money, all what we want is bitcoin to be alternative currency. Also you should ask the man if you are complaining about what you are doing with your life, you are not a kid and you know the right thing to do.

Have I said something too harsh?
He got what he wanted, but next time you shouldn't just respond to people like that, no matter what they are saying, just wait for the right time when you will be able to talk well, it might not be now and am sure by then he will be regretting why he didn't come close to you to learn about bitcoin.

If you are still planning to get into Bitcoin, don't post anything about it in family group chat or on your WhatsApp status, this was my biggest mistake.
I don't post about bitcoin in public groups, I don't really like it, but no one can stop me from posting about bitcoin on my whatsapp status, if I post on my status and you make rubbish respond, then I will block you that's my rules, I don't have time for rubbish.

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May 25, 2023, 05:01:54 PM
 #43

Actually I have no idea how your uncle can say Bitcoin will fall when Bitcoin price is already expensive and we saw Bitcoin have recovered from the past two dumps. I'm not sure what's your current activity? if you're just a student and not making any money, but you're hope relying on Bitcoin will make you rich, your uncle wasn't entirely wrong. This because hoping Bitcoin price will pump 100-1000x times looks impossible in few years.

If you're work and accumulating Bitcoin little by little, it will looks more realistic.
I see the story as a fantasy world of creation. The conversation of the two characters were not clear because of the mood of the protagonist to the opposing character was amazing because the said uncle was an elderly man to the narrator and the the op show unrespectful and if the op is a humble person he would never do such action in real life. How did the uncle come to Know that bitcoin will fall? That is also a formulated part. The op is trying to convince the forum that he is a bitcoin enthusiast. And nothing more.

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May 25, 2023, 06:12:02 PM
 #44

There is always a man in the family who believe they are the smartest, I have an uncle who is currently the most successful one in the family, maybe that's why he is behaving this way, he knew my involvement with crypto and Bitcoin, and after the crash into bear market he called me and said ..

Are you still into Bitcoin? You need to find something else to do, Bitcoin will fail soon because there is nothing that can take away the money printing machines, the government will keep printing money because they like been the printer, they can't print Bitcoin that's why it will fail, stop living a dream and do something good with your life before it's too late.

At first I got angry, because he always believe he knows the best for everyone, and I am different, I am not like my brothers that fall before his kneels every time. I replied him with this.

Why are you so into what I am doing? Why did you take this so serious than anything else? You have never showed concern about me, I have never asked you for help and you fulfill it, if Bitcoin fails it's fine for me, and Bitcoin was never created to kill Fiat in the first place, it was created to support people like me, because no one wants to support people like us but they want to pretend they do.. Fiat is Centralized and Bitcoin is Decentralized, it's for the people and the community, it's freedom and a perfect home 🏠. I can't hate something that have helps me so many times uncle.

Have I said something too harsh? He took this personal and report me to my eldest brother, my brother said I shouldn't mind, he doesn't know that my brother is now also a Bitcoin investor, my mistake was making it public, which my brother never did.

If you are still planning to get into Bitcoin, don't post anything about it in family group chat or on your WhatsApp status, this was my biggest mistake.
It's a no-brainer. Doesn't just go with investing in bitcoin or whatever, and most especially if you're living in a strict first-generation Asian Household. You should never disclose or tell anyone in the close family circle of what you do and how much you earn. Best case scenario, they're going to berate you and abuse you for doing things differently and earning lower than what they expected. Worst-case scenario, you'd find yourself being the butt of the joke, or the cash cow of the family depending on how much you earn.

So keep your successes to yourself and celebrate it only with the people you know are deserving to have a seat at your table. Nowadays it's just the way things go as more and more people are doubling-down on being outright assholes.
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May 25, 2023, 06:48:46 PM
 #45

Imo I think your uncle is actually not as bad as you feel because he thinks you are only hoping on the price of Bitcoin to double so you become rich based on your explanation, your uncle may also be acting very smart because he never expected you to have the knowledge of Bitcoin and knowing that you have the knowledge and have also taking part in the investment directly points out how far you have outsmart him and I don't think he's happy seeing that. I will suggest you keep everything about your investment and achievement personal so that you won't be mocked by people who's been expecting the price of Bitcoin to go down. To add to this, don't also depend solely on Bitcoin for survival so you won't end up disappointed when the price doesn't go up as you expect.

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May 25, 2023, 07:05:10 PM
 #46

You don't deserve to be punished and insulted by anyone just because the bitcoin price has dropped so far. Bitcoin will rise and will prove that it is an asset that has a good performance as an investment asset. Price volatility is normal in free markets, and basically your uncle just doesn't understand how the bitcoin market works.

I'm sure he will soon change his mindset and will consider you a successful member of the family when bitcoin surpasses its biggest resistance and prints a new ATH. Keep your plan on bitcoin investment long term and you will be fully responsible for your returns and losses on this investment.

If you are still planning to get into Bitcoin, don't post anything about it in family group chat or on your WhatsApp status, this was my biggest mistake.
I don't think so, to be honest I am supported by my family members about my investment plan in bitcoin.
They can't determine my destiny and my life's journey, especially about my opportunities for growth financially. But effort and good use of opportunities accompanied by prayer have gotten me to where I am today.

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May 25, 2023, 07:17:16 PM
 #47

If I'm not wrong OP should change the way he introduce bitcoin to new people. Atleast prior to introduction we should understand what kind of people we're talking with. Not everyone have the mind to accept it, when they've got good sum of fiat. Maybe thats the reason why uncle keeps saying something against bitcoin. It is always necessary to make some connect with the public regarding bitcoin. One should not expose that he's bitcoiner. We should simply introduce about the existence or while discussion happens relative to technology.

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May 25, 2023, 07:25:57 PM
 #48

Haterz gonna hate.

Call him in a year or two when the price, imo, will be like 10x .

Or better, invite him to dinner and say it's on you and thank him for caring so much and supporting you in your investments.

I've experienced something similar where my father would rather see his money go to 0 on his bank account than invest in anything because it's all too risky. I made the mistake of telling him that I own bitcoin and asked him to keep it to himself but he told everyone he knew that his son is involved in something potentially illegal and keeps money on his computer instead of in the bank like people who are smarter than him...  Smiley

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May 25, 2023, 07:37:33 PM
 #49

There is always a man in the family who believe they are the smartest, I have an uncle who is currently the most successful one in the family, maybe that's why he is behaving this way, he knew my involvement with crypto and Bitcoin, and after the crash into bear market he called me and said ..

Are you still into Bitcoin? You need to find something else to do, Bitcoin will fail soon because there is nothing that can take away the money printing machines, the government will keep printing money because they like been the printer, they can't print Bitcoin that's why it will fail, stop living a dream and do something good with your life before it's too late.

At first I got angry, because he always believe he knows the best for everyone, and I am different, I am not like my brothers that fall before his kneels every time. I replied him with this.

Why are you so into what I am doing? Why did you take this so serious than anything else? You have never showed concern about me, I have never asked you for help and you fulfill it, if Bitcoin fails it's fine for me, and Bitcoin was never created to kill Fiat in the first place, it was created to support people like me, because no one wants to support people like us but they want to pretend they do.. Fiat is Centralized and Bitcoin is Decentralized, it's for the people and the community, it's freedom and a perfect home 🏠. I can't hate something that have helps me so many times uncle.

Have I said something too harsh? He took this personal and report me to my eldest brother, my brother said I shouldn't mind, he doesn't know that my brother is now also a Bitcoin investor, my mistake was making it public, which my brother never did.

If you are still planning to get into Bitcoin, don't post anything about it in family group chat or on your WhatsApp status, this was my biggest mistake.
What you have done was just right as long it would really be on that kind of explanation on a polite manner and not something that a bit harsh or simply having that respect.Its not really bad to make out those counter

explanations about on what those facts on what Bitcoin does have.There are people who are really that close minded on which they are really that fully trusting that traditional system and doesnt really open up their minds into something which are currently existing and give out some potential danger into its existence. It is really just that right that you do make out some explanation about it.
Being that expressive isnt really that bad because there are really moments which we would really be fighting on something we do believe.
Just dont mind about on what happened because this time your Uncle wouldnt really be bothering  you already on what you are currently dealing with.He had seen your dedication towards
your Bitcoin investment and it isnt something that could be changed out.

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May 25, 2023, 08:24:36 PM
 #50

Well, my brother in-law and a few of my uncles are very rich. I tried to talk to my in-laws about Bitcoin because he is the one who is very free with me and we always align so well. But he seems so skeptical now about Bitcoin; he told me he bought some in the past and sold when the price went above $5000, and since then he's got no interest in it again for reasons best known to him. He even encourages me to do my best and invest wisely. So is one of my uncles as well; he doesn't criticize me for investing in Bitcoin; he even sometimes asks how I am doing with my Bitcoin investment and will be like, "Any time I have the chance, you will teach me about it. 

So, in your case, I don't know why your uncle would want to make some kind of ill statement about your Bitcoin investment; even the fact that you let them know about what you do is not enough reason to act in the manner he did. But i will advise that you should never let him know about anything you do concerning your crypto journey again. Allow him to make his assumption and make up any imagination of what he thinks about your crypto journey, but don't give him any bit of information about your successes or losses.

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May 25, 2023, 08:27:17 PM
 #51

If I'm not wrong OP should change the way he introduce bitcoin to new people. Atleast prior to introduction we should understand what kind of people we're talking with. Not everyone have the mind to accept it, when they've got good sum of fiat. Maybe thats the reason why uncle keeps saying something against bitcoin. It is always necessary to make some connect with the public regarding bitcoin. One should not expose that he's bitcoiner. We should simply introduce about the existence or while discussion happens relative to technology.

You make a valid point that we should think carefully about to whom we introduce bitcoin because many people don't care much about making money and believe that everything is ponzi scheme. I have seen situations where people start blaming the people who introduced them because bitcoin hasn't yet lived up to their expectations. Despite how interesting it is to invest in bitcoin it also has its own risk. And the majority of wealthy people don't think investing in bitcoin is important. In my opinion, investment in bitcoin should be based on what everyone understands and should be a personal choice.

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May 25, 2023, 09:58:51 PM
 #52

There is always a man in the family who believe they are the smartest, I have an uncle who is currently the most successful one in the family, maybe that's why he is behaving this way, he knew my involvement with crypto and Bitcoin, and after the crash into bear market he called me and said ..

Are you still into Bitcoin? You need to find something else to do, Bitcoin will fail soon because there is nothing that can take away the money printing machines, the government will keep printing money because they like been the printer, they can't print Bitcoin that's why it will fail, stop living a dream and do something good with your life before it's too late.

At first I got angry, because he always believe he knows the best for everyone, and I am different, I am not like my brothers that fall before his kneels every time. I replied him with this.

Why are you so into what I am doing? Why did you take this so serious than anything else? You have never showed concern about me, I have never asked you for help and you fulfill it, if Bitcoin fails it's fine for me, and Bitcoin was never created to kill Fiat in the first place, it was created to support people like me, because no one wants to support people like us but they want to pretend they do.. Fiat is Centralized and Bitcoin is Decentralized, it's for the people and the community, it's freedom and a perfect home 🏠. I can't hate something that have helps me so many times uncle.

Have I said something too harsh? He took this personal and report me to my eldest brother, my brother said I shouldn't mind, he doesn't know that my brother is now also a Bitcoin investor, my mistake was making it public, which my brother never did.

If you are still planning to get into Bitcoin, don't post anything about it in family group chat or on your WhatsApp status, this was my biggest mistake.
Well, if it is about criticism, I don't really mind. What I fear with publishing contents related to this blockchain, is to encourage some people who are close to me. Why? 'coz if anything happens then they'd blame me somehow for it even if they are the one who insisted investing. What's more likely to happen is for them to think that I have invested and therefore, profit is assured. But unfortunately, that's not how things work in this industry or to any field of investment. There would always be risk and the only thing an investor could do is to manage that risk in order to not lose that much. I am okay with sharing informations but direct encouragement is another thing, I guess.
If I'm not wrong OP should change the way he introduce bitcoin to new people. Atleast prior to introduction we should understand what kind of people we're talking with. Not everyone have the mind to accept it, when they've got good sum of fiat. Maybe thats the reason why uncle keeps saying something against bitcoin. It is always necessary to make some connect with the public regarding bitcoin. One should not expose that he's bitcoiner. We should simply introduce about the existence or while discussion happens relative to technology.
Well, for me it is okay to announce what you are doing. The consequences on the other hand is another thing which would depend to you, on how you would handle. As I've said I'm fine with other people criticizing my investments but I do get the point that some investors will take it personally and that is the case being silent is more advisable.

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May 25, 2023, 10:08:00 PM
 #53

There is always a man in the family who believe they are the smartest, I have an uncle who is currently the most successful one in the family, maybe that's why he is behaving this way, he knew my involvement with crypto and Bitcoin, and after the crash into bear market he called me and said ..

Are you still into Bitcoin? You need to find something else to do, Bitcoin will fail soon because there is nothing that can take away the money printing machines, the government will keep printing money because they like been the printer, they can't print Bitcoin that's why it will fail, stop living a dream and do something good with your life before it's too late.

At first I got angry, because he always believe he knows the best for everyone, and I am different, I am not like my brothers that fall before his kneels every time. I replied him with this.

Why are you so into what I am doing? Why did you take this so serious than anything else? You have never showed concern about me, I have never asked you for help and you fulfill it, if Bitcoin fails it's fine for me, and Bitcoin was never created to kill Fiat in the first place, it was created to support people like me, because no one wants to support people like us but they want to pretend they do.. Fiat is Centralized and Bitcoin is Decentralized, it's for the people and the community, it's freedom and a perfect home 🏠. I can't hate something that have helps me so many times uncle.

Have I said something too harsh? He took this personal and report me to my eldest brother, my brother said I shouldn't mind, he doesn't know that my brother is now also a Bitcoin investor, my mistake was making it public, which my brother never did.

If you are still planning to get into Bitcoin, don't post anything about it in family group chat or on your WhatsApp status, this was my biggest mistake.

I know how you feel perfectly. I said it this to much people that I'm in Bitcoin, some of them was good with that, some of them was wanted hear more informations about it and some of them (low %) are in bitcoin also now. BUT one friend is so FKKKKIN disgusting with his trash talk about it, he absolutly doesn't know about Bitcoin, nothing... He doesn't want to learn something about it but he is still criticizing. Some people have their truth about things and we need to let them... We just can hope, that we are on the right side... and after few years will be perfectly sounds "I told you so....Smiley"
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May 25, 2023, 11:50:37 PM
 #54

-----

I know how you feel perfectly. I said it this to much people that I'm in Bitcoin, some of them was good with that, some of them was wanted hear more informations about it and some of them (low %) are in bitcoin also now. BUT one friend is so FKKKKIN disgusting with his trash talk about it, he absolutly doesn't know about Bitcoin, nothing... He doesn't want to learn something about it but he is still criticizing. Some people have their truth about things and we need to let them... We just can hope, that we are on the right side... and after few years will be perfectly sounds "I told you so....Smiley"
As much as possible, it would really be good that you should really be that keeping it as a secret that you are really that getting involved with Bitcoin or crypto on which it would be better if you do keep it secret and not letting others be knowing that you are dealing with it. Just let them if ever they would really be saying negative things which it would be normal that those people who doesnt have much idea or knowledge about it will really be having those kind of common negativity which it is really just that a normal approach but for those who does have that knowledge will definitely be trying out to defend on what they do know.
I do understand that there are really times that we cant really avoid not to argue specially if they are really saying on something which it isnt true, So this would really be a matter of self control
and if ever you have said it that you are engaging with bitcoin then there's no turning back but if your uncle is the only one who do heard it out then it is really just that fine. He could tell all the things
that he want but we know all about the truth about Bitcoin in the first place.

R


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May 25, 2023, 11:59:34 PM
 #55

Not everyone deserve to be cryptocurrency users. Maybe the uncle character falls in that category. There are people who doesn't understand and just leave words without thinking the opposite person's feelings.

Most of the users here could've experienced it sometime. I've personally experienced similar incident, but that isn't repetitive. On a random discussion got an opportunity to introduce bitcoin and briefed about the advancement as well as its growth that is high against any investment. Suddenly the guy used this is pure gambling, try to be away from it. I'm completely shocked and he kept saying it even though I ignored it. So, at times we should learn to just move on.

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May 26, 2023, 12:18:45 AM
 #56

Straight to the point, success is everybody's friend. If you succeed in what you believe in, the same people who mocked you will be the same people to celebrate you, it's a fact of life. Bitcoin is the way forward to financial gains, in this age of advanced computerized technology.
You are right, the only thing the OP needs currently is patient, no matter what everyone is saying, just stick to what you believe is the best for you, don't worry very soon things will change, actually I don't know how soon it will be, but just have patience and the man that's making you feel bad will end up begging you and seeking for help from you, maybe he will end up begging you to teach him about bitcoin, and by then you will be able to tell the man your mind.

When the fiat system comes crashing down he'll come right around and start asking you for some Bitcoin.
Most of them believe that since government is not backing bitcoin, then bitcoin won't be going far, they believe later in the future bitcoin is going to crash. Since government is in support of fiat, then government will keep on printing fiat currency and pumping it into circulation, but they don't know that the system might end up crashing, I know bitcoin can't replace fiat completely, and that's not even bitcoin purpose.

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Cryptomultiplier
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May 26, 2023, 02:39:44 AM
 #57

OP, you should know by now that people always like to condemn what they do not know and that's why I do not blame your uncle for the unsolicited advice.

Bitcoin has been a revelation and a source of both meaningful work and pay to those who have come to adopt its ideology. I mean, it pays the bills on many occasions that I do not have to beg anyone or borrow from anyone too.
If you are among those who earns from it and have a well thought out plan to make your earnings increase, I advice you go all in. Be smart however in protecting your keys and adhere to security tips inorder not to loose the one you have too.

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May 26, 2023, 02:57:17 AM
Last edit: May 26, 2023, 03:10:09 AM by Stella Mese
 #58

When the fiat system comes crashing down he'll come right around and start asking you for some Bitcoin.


yes, and make uncle op aware that investing in btc is not a loss, as long as those who invest know how to invest in btc properly.
and op also have to be patient in such situations
and op has to prove he will get rich investing in btc, hopefully bitcoin price goes up high and we all get rich.

and wish us all success investing in btc.
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May 26, 2023, 03:19:05 AM
 #59

Have I said something too harsh? He took this personal and report me to my eldest brother, my brother said I shouldn't mind, he doesn't know that my brother is now also a Bitcoin investor, my mistake was making it public, which my brother never did.

The tone of your answer is somehow disrespectful.  You can just keep quiet and pretend to listen and do what you wanted to do.  Instead you flared out and answer your uncle disrespectfully when your uncle just wanting to extend his concern to you.  He has a point, Bitcoin may or may not fail one day, if you put all your resources in Bitcoin and it fail one day then you will be in trouble.  Looking to add another source of income is always better than having just one.

From what OP said, it seems his uncle is quite patriarchal and always wants others to listen to him. The OP's behavior is a bit too harsh, but in that case, getting angry is inevitable. And in the end, they are our uncles, not our parents, they shouldn't go beyond their authority to tell us what to do and what not to do. While we are old enough to take full responsibility for our own decisions.

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If you are still planning to get into Bitcoin, don't post anything about it in family group chat or on your WhatsApp status, this was my biggest mistake.

You hate your uncle for  advising you what to do and yet you are here telling us what we need to do.   You hate someone giving you advice and yet you are here giving others advice isn't it ironic?

I don't take that as advice, it's the imposition of their thoughts on us, and I won't be able to follow them. And I agree with OP's point, we should not brag about our investment in social media to avoid unnecessary trouble.

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May 26, 2023, 03:42:35 AM
 #60

OP, you should know by now that people always like to condemn what they do not know and that's why I do not blame your uncle for the unsolicited advice.

Bitcoin has been a revelation and a source of both meaningful work and pay to those who have come to adopt its ideology. I mean, it pays the bills on many occasions that I do not have to beg anyone or borrow from anyone too.
If you are among those who earns from it and have a well thought out plan to make your earnings increase, I advice you go all in. Be smart however in protecting your keys and adhere to security tips inorder not to loose the one you have too.
I think it happens in many ways and not just in bitcoin because we've probably seen if there's anyone in our family that's different from the rest of the family, they're going to think it's weird and take it for granted. Though they never disturb other family members. I used to have a slightly unpleasant experience but I didn't care and I remembered my father's advice who said that if you don't make mistakes, don't disturb other people, and don't bring badness to yourself and others, you don't have to care about it.

And that's what we have to do. If people don't agree with us learning or using bitcoin, we just let it go and don't listen to them. We don't depend on them, so we better focus on what we do.

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