Bitcoin Forum
May 22, 2024, 11:26:27 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Features that destabilised people in bitcoin  (Read 254 times)
lousie9
Sr. Member
****
Offline Offline

Activity: 1680
Merit: 263



View Profile
August 14, 2023, 11:59:51 PM
 #21

I think it's true what some of the other members have said that what you convey is more for personal reasons for each individual, not a problem with Bitcoin features.
I think the feature of Bitcoin that makes one often unable to survive is its volatility. The rest are external factors because other Bitcoin features, in my opinion, may not be a problem.
External factors in my opinion are the same as what you convey, namely factors from the investors themselves and also factors from policies/rules/regulations regarding the use of Bitcoin by the government where we live.


       ▄▄███▄    ▄███▄▄
     ▄▀▀    █    █    ▀▀▄
    ██    ▄▄▀    ▀▄▄    ██
    ▀▄▄▄█▀▀        ▀▀█▄▄▄▀
  ▄▄█▀█▄              ▄█▀█▄▄
▄█▀     ▀▀█▄     ▄▄█▀▀     ▀█▄
██          ▀█▄▄█▀          ██
▀█▄     ▄▄▄█▀▀  ▀▀▀▄▄▄     ▄█▀
  ▀█▄▄▄▀▀            ▀▀▄▄▄█▀
   █▀▀▄▄▄            ▄▄▄▀▀█
   ██  ▀▀▀▄▄      ▄▄▀▀▀  ██
    ▀▄     █      █     ▄▀
      ▀▀▄▄▄▀      ▀▄▄▄▀▀
.
cogwise
  ▄
█  █
  █
█  █
  █
█  █

  █
█  █
  █
█  █
  █
█  █
  ▀
.
Hyper-charge your trading with intelligent insights   ▄
█  █
  █
█  █
  █
█  █

  █
█  █
  █
█  █
  █
█  █
  ▀
▄█████████████████████▄
███████████████████████
████▀███████▀   ▀▀▀▄███
███▌  ▀▀███▌       ▄███
███▀               ████
███▄              █████
████▄            ██████
█████▄▄        ▄███████
████▄       ▄██████████
███████████████████████
▀█████████████████████▀

▄█████████████████████▄
███████████████████████
████████████████▀▀█████
███████████▀▀▀    █████
██████▀▀▀   ▄▀   ██████
███▄     ▄█▀     ██████
██████▄ █▀      ███████
███████▌▐       ███████
████████ ▄██▄  ████████
██████████████▄████████
▀█████████████████████▀

▄█████████████████████▄
███████████████████████
█████  ▄▄▄▄▄  ▄▀███████
█████  █████  ██▄▀█████
█████  █▀▀██▄▄▄▄  █████
█████  █▀▀▀▀▀▀▀█  █████

█████  █▀▀▀▀▀▀▀█  █████
█████  █▀▀▀▀▀▀▀█  █████
█████  ▀▀▀▀▀▀▀▀▀  █████
███████████████████████
▀█████████████████████▀

Queentoshi
Sr. Member
****
Offline Offline

Activity: 756
Merit: 313



View Profile
August 15, 2023, 06:26:43 AM
 #22

I just want to outline some features that destabilize people from embracing bitcoin,
This is not what I was expecting though when I read the topic. I expected the discussion to be more technology related than these common things that are reasons that destabilize people from bitcoins and not features.

■ past failure
This can be a reason against people who are interested in investing in bitcoins. As a result of the past failures they have experienced with other kinds of investments maybe online, they do not trust bitcoins and will not easily invest in bitcoins.


■ Discouragement
Maybe they have heard bad stories about bitcoins that can be discouraging. Discouragement can be direct or indirect. Someone does not need to tell you directly not to invest in bitcoins, a story that they share with you can indirectly be a discouragement if you plan to invest in bitcoins.


■ Distraction
Someone who accepts bitcoins can still even be distracted in continuing to invest in bitcoins by deciding to start investment in other alt coins. Many altcoins are distractions from investing in bitcoins.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBITCRYPTO
FUTURES
[
1,000x
LEVERAGE
][
.
COMPETITIVE
FEES
][
INSTANT
EXECUTION
]██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████████████████████████████
.
TRADE NOW
.
████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
Mayor of ogba
Full Member
***
Offline Offline

Activity: 308
Merit: 191


★Bitvest.io★ Play Plinko or Invest!


View Profile
August 19, 2023, 01:14:32 PM
 #23

I just want to outline some features that destabilise people from embracing bitcoin, I know that bitcoin is a personal race and it's nice for someone not be distracted on what it dreaming for, and secondly should not allow friends to underrate it's determination upmost in bitcoin race, its a self decision to patterned with bitcoin investment. The following are what I notice that affects someone who wants to invest in bitcoin

■ procrastination
■ past failure
■ Discouragement
■ Distraction
■ comparison

Procrastination
This is one of the main things that seen causes problem for investment, during time of investment what that will make the plan not to accomplish or delay your plans is a procrastination, I seen a procrastination as a delaying action that makes people to lose their preferable opportunity for investment, its good when come up with idea and you make a good decisions which a procrastination can not course a setback

Past failure
This fact makes investors lose interest to invest in bitcoin, but this should not make a lover of bitcoin not to continue it's investment from in bitcoin, to be a perfect champion in investment " despite that I'm using bitcoin as key studies" you have to ensure you cross the hurdles of past failure, because when you are looking at the future you don't to be poison your future with your previous or past experience, a risk takers are tantamount to lose or gain in any investment, in summary, don't use your past failure to face the present, and an investor should not be a short-sighted person because you failed in the past doesn't mean you shall never give investment a second trial.

Discouragement
This is similar to procrastination and this is one of the factors that deprived people of a successful investment especially in bitcoin due to the information they obtain about bitcoin. Most of the people in social media that are being known that invested in Bitcoin did not take chances of Discouragement from people before they invested and become successful, it's clear that a champion will believe in their paths to make their dreams come to reality. And note: for investment opportunities, you don't need someone to encourage you before you invest either in Bitcoin or any.

Distraction
Distraction is one of the most weapons that will get someone distracted during learning about Bitcoin investment, a desperate person to learn Bitcoin should know that Distraction can never be a barrier if you have a concrete determination of learning and investing in Bitcoin,  you are otnotllow a Distraction to take over your opportunity, and if you want to be successful in bitcoin you should be aware of Distraction.

Comparison
A comparison should not be allowed to discourage you do not have understanding bitcoin investment before, one of the setbacks some people experience in bitcoin investment is comparison, learning is the key and we have to be patient to understand the notion of bitcoin

This is my note down of features that destabilize people from investing in bitcoin

Some people invest without having good knowledge of what they are investing in. In the end, they are disappointed with the result. I think the fear of missing out makes newbies jump in on Bitcoin at the wrong time and when there is no 2x on their investment they become sad and regret why they did such an investment.

Porfirii
Legendary
*
Offline Offline

Activity: 1792
Merit: 2105


The Alliance Of Bitcointalk Translators - ENG>SPA


View Profile
August 19, 2023, 01:32:40 PM
 #24

<...>
Some people invest without having good knowledge of what they are investing in. In the end, they are disappointed with the result. I think the fear of missing out makes newbies jump in on Bitcoin at the wrong time and when there is no 2x on their investment they become sad and regret why they did such an investment.

You are right, but compared to the OP's list it seems more like a detail rather than a proposal of a new "feature" to be added to the list.

Another little "pill" I would like to mention is that the impatience has been key (until now at least) as a reason why many people lost or didn't earn more. I guess that those who want fast returns are damned to fail both at buying and selling at the right moment, because of their impatience.

██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
robelneo
Legendary
*
Offline Offline

Activity: 3248
Merit: 1204


#SWGT CERTIK Audited


View Profile WWW
August 19, 2023, 04:04:00 PM
 #25

Based on my experience with the majority of people here in our country I interact, with why they cannot and don't want to invest in Bitcoin is they cannot afford to lose, they do not have the patience to wait to make a profit, their concept of making a profit is it should be immediate and it should not take weeks months or even years if it takes months or years to make a profit they consider it a loss business or investment.
Misconception is another one they don't want to read complicated graphs and they are not good at transacting using Bitcoin
they are so used to old ways that they have a hard time understanding the concept of blockchain

alastantiger
Sr. Member
****
Offline Offline

Activity: 560
Merit: 307


Cashback 15%


View Profile
August 19, 2023, 07:32:00 PM
 #26

The recent days have been challenging for the bitcoin community due to price declines which is about 26k causing a lot of negative sentiments in the crypto space. For some of us, it is not the first time we are going through this, but it may be the for some beginners. One of the ways they can avoid getting destabilized in bitcoin is for them to prioritize thorough research over relying on social media hype before exiting the market.  Beginners should check out different diversification strategies in bitcoin and cryptocurrency community.


.
HUGE
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!