Is all what they say about bitcoin true?

[qwertyup23]

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 think you can liken this to the phrase "money is not all about happiness."

To explain this, even if almost everything revolves around money, the satisfaction and happiness you gain from it somehow fades away. Sure, it can definitely make your life comfortable but if you are surrounded by people who just take advantage of what you have; and not because of their genuine feelings about you, you would feel this empty feeling of being surrounded by fake people. This is the reason on why some rich people, despite having everything, fall into depression.

By applying this with BTC, it is very similar given that the latter has a significant value that can be converted to cash. Sure, lots of BTCs can make your life comfortable but true happiness comes being able to receive satisfaction that is beyond money.

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[israt1@]

If you take the idea of ​​past years then you can understand something about Bitcoin. Where Bitcoin was at the beginning, and how it went up and down. I think you can put your money in Bitcoin. It can make you profit. It can be looted again. So keep up with the times without being a cause of worry.

[BitcoinPanther]

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 think you can liken this to the phrase "money is not all about happiness."

To explain this, even if almost everything revolves around money, the satisfaction and happiness you gain from it somehow fades away. Sure, it can definitely make your life comfortable but if you are surrounded by people who just take advantage of what you have; and not because of their genuine feelings about you, you would feel this empty feeling of being surrounded by fake people. This is the reason on why some rich people, despite having everything, fall into depression.

By applying this with BTC, it is very similar given that the latter has a significant value that can be converted to cash. Sure, lots of BTCs can make your life comfortable but true happiness comes being able to receive satisfaction that is beyond money.

Yeah that is what I am thinking too.  The phrase is  focus on happiness, the factors that keeps or affects happiness, and Bitcoin is just a small factor out of those many factors.  Actually the phrase does not focus @ Bitcoin at all but on happiness. 

Tha phrase simply states that Bitcoin is not enough to fully support one's happiness due to the several factors that affects a person's emotion such as social relationship, temperement, adaption, money(BTC), society and cultures[1].


[1] https://bakadesuyo.com/2011/06/what-five-factors-contribute-to-happiness

[savetheFORUM]

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?

People see Bitcoin as always as a profitable source of income but they don't know once they enter the market they need to get a ride with the market price movement, which is the volatility. People see the bitcoin in the up or the ATH feels so satisfaction to them because their investment goes up and continuously because its a bull run, but tried to check them now if they keep celebrating in the bear market they keep silent, and wait again for the ATH to get profit. If you make exploring related to the topic you've created you will see their different stories how they lose their money, house, investment and etc. because of the market crash.

Only the ones that have paper hands lose money in Bitcoin because if you have patience and don't panic after hearing every single news that might even be a rumor, you won't be losing anything. Those who panic sell are the ones who lose money after investing in Bitcoin because they buy it at $40k and then the price might crash a little bit and they start panicking after seeing their portfolio and its value getting down and then they sell in the fear of losing more.

The ones that have diamond hands and that never sell until the price crashes and gets back to the point where they've been wanting to sell their assets are always guaranteed to get profits out of their investments. This market requires patience and self-control, if you lack any of the two, this isn't for you.

[Kasabus]

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 just imagine if bitcoin brings all the happiness that we want, then there will be no fiat user left as everyone will rush into bitcoin. At least there should be balance though. Bitcoin may somehow brings the best of joy, but at some point it could also give us the worst loss we could never imagined having. However, if you are just here to create shortcuts for profits, then believe me, there’s no shortcuts to success even in the most volatile investment like bitcoin. Everything should be done with patience and hardwork.

[Finestream]

With this thread, no answer is right or wrong. Everyone is entitled of its own point of view knowing we have different life’s experiences with bitcoin. For me, there are times that bitcoin brings out the best in me, while on the other hand, it also triggers me everytime I end up with huge losses. But one thing is certain, bitcoin is not just all about happiness and joy. Because of it’s high volatility, it adds more chances to make us lose more than to stay all the time being profitable.

[lalabotax]

In a thread someone said "Bitcoin is not all about happiness" can a little more light be thrown on this?

This sentence aims to make all of us, especially newbies, alert and wise in various matters related to Bitcoin and cryptocurrencies. Because after all, it is undeniable that most newbies will definitely think that investing or trading in Bitcoin will always bring success and also get a lot of money quickly. This happens very often, because they see the success of other people who have traded or invested in crypto before.

now from their initial understanding, we must emphasize to newbies, if the journey of investing or trading in Bitcoin or crypto in general will not be as easy as imagined. And this is very risky, even if you make the wrong decision, you will not get profits, but losses and even loss of our assets. So it's true that Bitcoin doesn't always give good memories especially if we just carelessly invest and trade, without having a pretty good understanding and knowledge regarding this matter.

[Vaculin]

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?

That’s the reality with bitcoin. No matter how profitable it is on the eyes of majority, we can never deny that it can also be a source of our worst disappointment and failure in life. By investing all in, if you’ll end up in profits, then probably you will end up feeling your worst loss ever. That’s the reason why we should take calculated risk in bitcoin, and never invest more than our means. It could be our source of joy, but with one blink of an eye, it could be our worst nightmare.

[letteredhub]

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?

Yeah the statement to a certain degree is correct, bitcoin is really not all about happiness in the sense that there are times the price of bitcoin may put smiles on your face by virtue of the profit you might have made from it's bull run just as it were for many bitcoiners during the last ATH every bitxoin holder developed a happy outlook but later on after sometimes a bearish run plunge in making the price to nose dive from $65k down to $16k this price action quelled the happiness of the moment as it were. So I guess that's how I understand the above statement. Bitcoin is totally not always about happiness!

[YUriy1991]

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?

and Ignorance is not happiness and a lot of us also hear the little ripples say and describe BTC as a scam/Ponzi scheme. But, while one already knows its origins and refers to the ease with which BTC can be sold whenever the holder wants and refers to a store of value and remembers, inflation is always and can happen anywhere at any time. Well, this is going to be a fun journey to always be on and one that OP should know that Bitcoin solves one of the world's longest standing problems namely Trust.

[Luzin]

and Ignorance is not happiness and a lot of us also hear the little ripples say and describe BTC as a scam/Ponzi scheme.

There are two possibilities. It may not be affected, it is also possible that he will try to learn to know what he does not already know. Those who don't care will certainly not feel sad, he will focus on what he knows. In addition, everyone has limits with what he wants to learn based on interests. Regarding Ponzi, indeed some people say it this way. The truth that new people want to get may be hard to come by right now. There are many media that currently have no definite validation.

So if there are new people I always recommend coming to this Forum, here there is definite validation. So there is a comparison to clarify each piece of evidence with a valid source.

[avp2306]

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?

and Ignorance is not happiness and a lot of us also hear the little ripples say and describe BTC as a scam/Ponzi scheme. But, while one already knows its origins and refers to the ease with which BTC can be sold whenever the holder wants and refers to a store of value and remembers, inflation is always and can happen anywhere at any time. Well, this is going to be a fun journey to always be on and one that OP should know that Bitcoin solves one of the world's longest standing problems namely Trust.

The question is not all about bitcoin as a ponzi but rather maybe all about not always we can get a profit(happy) and have chance to lose(sad) due to many circumstances involve with this.

And in my opinion its true since we cannot always be so sure that we can earn since there are unwanted scenarios will came that will cost us a lot of money especially if we are not aware on different type of risk we are facing.

[odunybiz]

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?

welcome to the forum and am sure you are truly going to learn on the forum here, just make sure you take your time to read, and ask necessary questions which you think you need to ask, and also make sure you go through the forum rules and regulations so that you wont end up going against it.
Also it will have been better you attach the link to the post here, so that everyone will be able to read what the person is trying to communicate, but without the link, nobody knows what the post is really about, you just mentioned the topic but we don't know the post is really talking about, so try and attach a link to the post.

Just as he has said, the link to the post is highly important for a better contribution. Nevertheless, nothing in life brings 100% happiness. So Bitcoin or crypto in general may have is own moment when it may bring sadness to you.

[Sandra_hakeem]

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?

Anyone could infer anything they feel like; that's much more like what they think in Thier heads.. now I shouldn't be responsible for explaining such a gawky statement...or maybe you should have quoted directly from the context for proper comprehension.
I guess this is it - what the OP meant at the time was that in HODLing, Bitcoin's got UPs and DOWNS too - sometimes, the analyses are made properly but, maybe not too accurate to fit the market's decisions at the time too.. with that, it incures loses - especially when the person involved doesn't even believe the process on the TREND.. so they hurry to sell at a low price ..

Sandra 🧑‍🦰

[Sanitough]

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?

At times it could be the source of our endless profits, but definitely it has also its negative side that we are all scared to happen. The volatility of the market makes it more susceptible to speed up its price increase and at the same time, it’s also bound to reach its lowest point with how the market moves in a very bad shape most particularly when the market is in deep bearish. However, know that the bearish market creates the best opportunities in bitcoin, it could be the best entry in our bitcoin investment that most of us here are seeing it the other way around.

[suzanne5223]

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?

At times it could be the source of our endless profits, but definitely it has also its negative side that we are all scared to happen. The volatility of the market makes it more susceptible to speed up its price increase and at the same time, it’s also bound to reach its lowest point with how the market moves in a very bad shape most particularly when the market is in deep bearish. However, know that the bearish market creates the best opportunities in bitcoin, it could be the best entry in our bitcoin investment that most of us here are seeing it the other way around.

From my own personal perspective,  I consider every Bitcoin investors that see the downtrend market as the other way round as rookie when market correction is something that always happen before the halving effect market and as you said it's always the best opportunities to buy Bitcoin before next year main event market.

[Mate2237]

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?

Please can you prove the thread link that says "Bitcoin is not for Happiness" so we can see the full thread to understand what the content is all about. If someone buy bitcoin when the bitcoin was $16k and the person kept the bitcoin for about 4 years and bitcoin climbed up to $60+k, now is that a happiness or sadness? That is happiness and the only part can make person to be sad is the unstable part of it. And if you understand that part and follow it up then you are always happy with bitcoin.

No investment is interested but the profit is the thing that make it interesting. And for it to be interesting you have to face the challenges and the risk involved.

[Rupok]

Bitcoin market is volatile which can go up and down.  We can only guess about the Bitcoin price but there is no way to say exactly what will happen in the future.  When people earn more money from Bitcoin it seems more exciting for them.  But again when the price goes down after someone invests then it acts as a panic for him. Basically the volatility in everyone works for the ups and downs in Bitcoin price.  Before investing in Bitcoin, you should keep in mind the possibility of losing money, because it is natural to be sad if the price of Bitcoin is not favorable. Money is not the source of all happiness as Bitcoin is a money it is not the source of all happiness but seek the pleasure of profit in business purpose.

[Broadanbig]

To the best of my knowledge, I believe what that person is trying to say is related to the bear market because that is the only thing that one can tell about Bitcoin being in the bear season is not a happy moment though but it is one of the things involved in Bitcoin and this season is when one would be at advantage to accumulate more Bitcoin in their possession as the market price is to the bearest minimum.

This stage is not a happy moment because you will need some patience. For instance a good sword undergoes series of phases before it would be moulded into it's final stage of usage. All it takes is patience to scale through successfully. This is how it is in Bitcoin. However, Bitcoin is volatile and no one can predict the next move.  When it comes to trading, it is advisable to hold for a long term so you could be able to make profit from your holding.