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Is all what they say about bitcoin true?
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Topic: Is all what they say about bitcoin true? (Read 582 times)
Kodec5
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Is all what they say about bitcoin true?
August 07, 2023, 10:35:11 PM
#1
As a newbie on this forum, for some days now I have been going through threads, reading and trying to understand and getting better knowledge on every single one of them
In a thread someone said "Bitcoin is not all about happiness" can a little more light be thrown on this?
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Re: Is all what they say about bitcoin true?
August 07, 2023, 10:40:50 PM
#2
We're relishing the liberty of expression within this forum, granting everyone the chance to share their perspectives on Bitcoin. Thus, those who comment can provide deeper explanations, shedding light on their viewpoints and potential frustrations. I posit that the comment may stem from Bitcoin's considerable price fluctuations, leading to unease. If your investment in Bitcoin results in a fifty percent reduction, contentment might elude you. This illustrates that Bitcoin's ability to bring joy is contingent upon substantial profits rather than constant assurance.
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Agbamoni
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Re: Is all what they say about bitcoin true?
August 07, 2023, 10:45:40 PM
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#3
Think of Bitcoin like a roller coaster. Its value can go up and down really quickly. This can be exciting because you might make a lot of money, but it can also be a bit scary because you might lose a lot. So, it's a good idea to be ready for these ups and downs and only invest money you're okay with not having.
Also, something to keep in mind is that different places have different rules about Bitcoin. It's like how different schools might have different rules for uniforms. So, it's smart to know what the rules are in your area because they can affect how you use Bitcoin. Staying updated on these rules will help you make smart choices and use Bitcoin safely.
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GeorgeJohn
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Re: Is all what they say about bitcoin true?
August 07, 2023, 10:49:43 PM
#4
Quote from: Kodec5 on August 07, 2023, 10:35:11 PM
As a newbie on this forum, for some days now I have been going through threads, reading and trying to understand and getting better knowledge on every single one of them
In a thread someone said "Bitcoin is not all about happiness" can a little more light be thrown on this?
I will say the write up is partially correct, because from my understanding concerning bitcoin it's obvious that bitcoin is categorised into two types in terms of benefits, during investment of Bitcoin two things are involved, either your investment falling into advantage aspect of bitcoin which is [profit] or it falls into disadvantages of bitcoin which is [lost] so when the disadvantages occurs they won't be happiness and when advantages occurs they will be happiness, so this two things are the fundamental things that will make us not to conclude that bitcoin is not all about happiness, I know that different people have a different sight and thinking faculty which many scholars will give their own point of view about the happiness of bitcoin and none happiness in bitcoin investment
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Bitcoin_Arena
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Re: Is all what they say about bitcoin true?
August 07, 2023, 10:53:13 PM
#5
Quote from: Kodec5 on August 07, 2023, 10:35:11 PM
In a thread someone said "Bitcoin is not all about happiness" can a little more light be thrown on this?
Maybe that person was referring to the patience one has to have when they have bought or are holding Bitcoins because the price is very volatile at times and may drop below the price it was bought.
Some traders have also lost money because of FOMO, being too greedy and having panicky hands (not being patient and selling off at very low prices). But if one follow the rules carefully, practice proper risk management and only invest with the money you can afford to lose. You will be less disappointed.
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_BlackStar
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Re: Is all what they say about bitcoin true?
August 07, 2023, 11:40:21 PM
#6
Quote from: Kodec5 on August 07, 2023, 10:35:11 PM
In a thread someone said "Bitcoin is not all about happiness" can a little more light be thrown on this?
I've only found one user saying that - but only after @Agbamoni created the thread. Then @Agbamoni commented on your thread - do you both have the same topic idea or is there something else?
Quote from: Learn Bitcoin on August 03, 2023, 03:22:56 AM
Quote from: Agbamoni on August 02, 2023, 11:57:38 PM
-snip-
Welcome to the Bitcoin forum.
Bitcoin is not all about happiness.
Bitcoin isn't just about happiness - that means it can also disappoint you. I mean - from a trading and investing perspective you will face risks where losses are the most feared. While you can also lose your bitcoin due to misuse or something else like hacking - so bitcoin not only bring you happiness but also lose money because of the risk.
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dzungmobile
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Re: Is all what they say about bitcoin true?
August 08, 2023, 12:09:27 AM
#7
Quote from: Kodec5 on August 07, 2023, 10:35:11 PM
In a thread someone said "Bitcoin is not all about happiness" can a little more light be thrown on this?
You can find and have happiness with and without Bitcoin. About pain and sadness, disappointment, you can find and have it with Bitcoin or without it.
Two contradictory sentences which can help you to know that Bitcoin is not all on the Earth, it does not mean all for everyone and can not play all roles to serve all demands from human. Each person with different demand and taste for happiness will find their happiness with Bitcoin or with something else.
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Re: Is all what they say about bitcoin true?
August 08, 2023, 01:26:24 AM
#8
Quote from: Kodec5 on August 07, 2023, 10:35:11 PM
In a thread someone said "Bitcoin is not all about happiness" can a little more light be thrown on this?
I'm curious about where did you read that phrase. Can you please share the link of the thread here?
Anyway, I guess the user who said that means "Bitcoin will always not give you happiness, but there are times where you feel the opposite of it" meaning not every time is profit time. There will be times where you will be losing money especially when you are trading. You can prevent losing money though by not selling your holdings even though you are on an impermanent loss, but bottom line is, Bitcoin might give you huge profits, but it can give you huge losses as well.
I might be wrong though, but that's what I think about that phrase. Is there anybody who thinks different on that phrase.
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Re: Is all what they say about bitcoin true?
August 08, 2023, 02:56:46 AM
#9
Different feelings can be generated when you are faced with two different positions, profit and loss. Bitcoin does not always offer profit (happiness) for investors but it can also bring sadness to those who are not able to survive in a situation that is not profitable. Expecting happiness in investing in Bitcoin takes process, time and patience. You need to understand how to bring happiness from Bitcoin by increasing knowledge in Bitcoin investment, you can get all of that on forum. We have learned a lot during our time on the forums to increase knowledge on how to build a better character in living the process of happiness from Bitcoin.
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Re: Is all what they say about bitcoin true?
August 08, 2023, 03:04:58 AM
#10
Well Bitcoin is not about happiness but Bitcoin is about freedom. The freedom I mean here is apart from a centralized system and using a decentralized system. We are also free to send anywhere without recognizing borders between countries as applied to the Central Bank system which has certain restrictions on sending money abroad. Well Bitcoin there is no such limitation. As long as we have a lot of bitcoin then we are free to transfer it however much. And we also become true holders and have full control over the bitcoins we have that we store in cold (non custodial) wallets.
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Re: Is all what they say about bitcoin true?
August 08, 2023, 04:29:10 AM
#11
Quote from: Kodec5 on August 07, 2023, 10:35:11 PM
In a thread someone said "Bitcoin is not all about happiness" can a little more light be thrown on this?
This is actually true because some people are lucky which means they earn money either lots of money or decent amount of profit meanwhile some people have lose profit and even lose some of their capital. The reason for why it is happening is because Bitcoin's price is not stable means the price may increase or decrease compared to stable coins like usdt. Some people's opinion about Bitcoin is freedom while! He others are happiness and more.
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Re: Is all what they say about bitcoin true?
August 08, 2023, 05:42:09 AM
#12
Quote from: Kodec5 on August 07, 2023, 10:35:11 PM
As a newbie on this forum, for some days now I have been going through threads, reading and trying to understand and getting better knowledge on every single one of them
In a thread someone said "Bitcoin is not all about happiness" can a little more light be thrown on this?
Well i can see you came in bitcointalk.org this year, @
July 28, 2023, 11:29:59 AM
most welcome buddy. that aside you will definitely see lots of peoples idea regarding what bitcoin has done in the past and in the present, which at your own space as you get to dig deep in the forum and also do your own research else where you get to know if
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GeorgeJohn
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Re: Is all what they say about bitcoin true?
August 08, 2023, 06:28:44 AM
#13
Quote from: mamesso on August 08, 2023, 02:56:46 AM
Different feelings can be generated when you are faced with two different positions, profit and loss. Bitcoin does not always offer profit (happiness) for investors but it can also bring sadness to those who are not able to survive in a situation that is not profitable. Expecting happiness in investing in Bitcoin takes process, time and patience. You need to understand how to bring happiness from Bitcoin by increasing knowledge in Bitcoin investment, you can get all of that on forum. We have learned a lot during our time on the forums to increase knowledge on how to build a better character in living the process of happiness from Bitcoin.
I have not seen anything wrong if we said bitcoin is happiness,the happiness we find in bitcoin is freedom as you portray, because looking at Bitcoin investment you will understand that if you made a profit over investing in bitcoin its obvious that you will definitely be happy towards the profit, while I don't regret embracing bitcoin it's because is a decentralized currency and secondly its digital and virtual currency, it might have disadvantages during the investment but since during the investment their is no third party that intermediate in it, that is one of the major reasons I like bitcoin. In the aspect of learning I will say that this forum is now like class room or lecture room were everything concerning bitcoin can be adopted freely without payment, in outside forum someone can as well obtain the knowledge of bitcoin through use of internet.
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Re: Is all what they say about bitcoin true?
August 08, 2023, 06:51:25 AM
#14
Quote from: GeorgeJohn on August 08, 2023, 06:28:44 AM
I have not seen anything wrong if we said bitcoin is happiness,the happiness we find in bitcoin is freedom as you portray, because looking at Bitcoin investment you will understand that if you made a profit over investing in bitcoin its obvious that you will definitely be happy towards the profit, while I don't regret embracing bitcoin it's because is a decentralized currency and secondly its digital and virtual currency, it might have disadvantages during the investment but since during the investment their is no third party that intermediate in it, that is one of the major reasons I like bitcoin. In the aspect of learning I will say that this forum is now like class room or lecture room were everything concerning bitcoin can be adopted freely without payment, in outside forum someone can as well obtain the knowledge of bitcoin through use of internet.
True, in this money market world anytime people can control their money and that's a pretty good thing, which is another example of how crypto can change the world for the better.
another joy is that there is increased opportunity for ownership, financial inclusion and power with lower costs, greater confidentiality and better access to global markets even though it is difficult at the moment, due to market conditions that have not yet recovered. However, we can expect a lot in coming months.
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Pmalek
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Re: Is all what they say about bitcoin true?
August 08, 2023, 07:10:09 AM
#15
Quote from: Kodec5 on August 07, 2023, 10:35:11 PM
In a thread someone said "Bitcoin is not all about happiness" can a little more light be thrown on this?
As you gain more experience on these boards, you will learn how to filter the information, and what types of threads are worth reading and which aren't. Talking about Bitcoin and happiness isn't something I would pay too much attention to. Happiness is a subjective feeling you can experience with or without bitcoin. So discussing if your BTC bag makes you happy or not is, in my opinion, a waste of time. I would suggest you move on to topics that you can actually learn from. How bitcoin makes you feel doesn't belong to that category.
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Re: Is all what they say about bitcoin true?
August 08, 2023, 09:44:24 AM
#16
Quote from: Kodec5 on August 07, 2023, 10:35:11 PM
In a thread someone said "Bitcoin is not all about happiness" can a little more light be thrown on this?
Yes, maybe Bitcoin is not about happiness for those who have failed in Bitcoin investment. Your own happiness creates it, depending on which way you feel happy. We have found joy and freedom while interacting with Bitcoin. When you can't find happiness from Bitcoin, it means you don't understand the real Bitcoin enough and have never made anything of value out of Bitcoin.
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Re: Is all what they say about bitcoin true?
August 08, 2023, 11:37:08 AM
#17
"Bitcoin is not all about happiness" can also be referred as "Money is not all about happiness" or "happiness is not all about money". That's what maybe the user meant of whom you are referring to and I can assure you that it's somewhat true. I have a friend who is very rich but doesn't have anyone to enjoy his life with. So he just spend money on drugs and stuff so he's basically not happy. I think something similar is what user meant to say
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Re: Is all what they say about bitcoin true?
August 08, 2023, 11:56:09 AM
#18
You should dive down and read that thread and see what does OP implied to say about that topic. There are threads out there that are making the titles colorful to get more attention.
In the end, it's all about their thoughts about Bitcoin and what they wanna share to everyone about mostly with what they've experienced talking to people about it and what they feel.
It has to boil down somewhere to connect what the title is all about by reading its thread's content.
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Re: Is all what they say about bitcoin true?
August 08, 2023, 12:03:37 PM
#19
Quote from: Kodec5 on August 07, 2023, 10:35:11 PM
As a newbie on this forum, for some days now I have been going through threads, reading and trying to understand and getting better knowledge on every single one of them
In a thread someone said "Bitcoin is not all about happiness" can a little more light be thrown on this?
Yes on investment perspective because there are times that market is so bloody red and majority has a chance to lose their funds especially if they are not prepared with this scenario. On happy times well the bullish market situation which provably all is on good position since majority of their holdings is doing some good performance.
So you need to be more careful taking decisions on your investment and always consider the risk so that you will not caught up on unrealistic picture and always on right mind to do good decision.
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Re: Is all what they say about bitcoin true?
August 08, 2023, 12:09:38 PM
#20
Quote from: Kodec5 on August 07, 2023, 10:35:11 PM
As a newbie on this forum, for some days now I have been going through threads, reading and trying to understand and getting better knowledge on every single one of them
In a thread someone said "Bitcoin is not all about happiness" can a little more light be thrown on this?
If you had quoted the thread or post it would have been better to understand the context intended for making that statement, but let's give an approach from the general perspective from that statement, knowing that bitcoin is a volatile cryptocurrency, you can earn and make profit and same way you may loose, but there's more likely possibilities for winning than loosing because if you understand the way it works, you will secure your assets, invest at a right timing and also sell when needed, those that finds no happiness in it are those whose actions are the consequences of their mistakes, while bitcoin still remains being intended for our happiness in freedom, decentralization, privacy and many more financial opportunities it offers.
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