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Author Topic: What encouraged your continuity in Bitcoin investment and Bitcointalk forum?  (Read 501 times)
Agbamoni (OP)
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October 01, 2023, 01:31:40 PM
Merited by Orpichukwu (2)
 #1

Sometimes i just fell like quitting or i feel i am doing the wrong thing even if at some point my investment on bitcoin works well as i only practise on stratey dcaing scince i got into Bitcoin lately. I have seen most topics on the forum about Bitcoin and the Bitcoin forum. Such like fear of investing in bitcoin, some investment strategies being a mental challenge and to mention a few.

If you read through those topic you will see different views and opinion from members of the forum and most times you just feel if your doing the right thing all this while or it your just going in on luck. I dont want to say am confused because i have read and learnt in the past few months much of Bitcoin and Bitcointalk forum and i have shared some resources to help other members from where i learnt from.

Also I have come accross some profile been inactive for some time while some totally stopped contributing to the forum. Dont know thier reasons or challenges but i know there is a reason for all that. I dont want a day to come where i would stop contributing positively to the forum.

Regardless i still have a few questions and things i want to know, something that a book, video or other learning resources cannot help me instead i can only get that from members of the forum.

I’d like to know what motivates you to invest in a speculative asset like Bitcoin?

What is the driving force that encourages your continuity in the Bitcointalk forum?

who do you listen to in the forum and study to keep your conviction solid?

What do you think are the reasons why some person stopped contributing to the forum positively or are they carried away by the rank they have?

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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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October 01, 2023, 01:41:54 PM
 #2

I’d like to know what motivates you to invest in a speculative asset like Bitcoin?

What is the driving force that encourages your continuity in the Bitcointalk forum

Many rich country and institutional investors are already into Bitcoin now while I become Bitcoin investors before this whales. Their interest to Bitcoin is surely a great confirmation that my investment is really worth investing since pother huge companies and country is investing too. As shrimp holder, this giant investors that speculating on Bitcoin motivates me to hold more aside from the blockchain technology which is my original reason why I invested on Bitcoin that’s why I invest to Bitcoin before this giant investors.

As for the Bitcointalk forum. More on getting news and to interact with people that has a common interest with to crypto.

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October 01, 2023, 01:42:14 PM
 #3

If you read through those topic you will see different views and opinion from members of the forum and most times you just feel if your doing the right thing all this while or it your just going in on luck.

This is not entirely true. Long term investment in bitcoin works, there is no debate on the forum about that, unless you read trolls like proudhon. And it is not a matter of luck, it is a matter of recognising what bitcoin is, what it brings to the world and understanding that this is intrinsically linked to its rising price.

I’d like to know what motivates you to invest in a speculative asset like Bitcoin?

That it is not really speculative if you invest for the long term, and that it is much more than a tool to make money (fiat). Bitcoin gives you options and freedom.

What is the driving force that encourages your continuity in the Bitcointalk forum?

I don't need much strength to continue in the forum. I am entertained, I learn and I earn money. What else do you want?

What do you think are the reasons why some person stopped contributing to the forum positively or are they carried away by the rank they have?

It could be a personal circumstance, getting fed up with the forum, becoming rich enough, death... there are many possibilities.



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October 01, 2023, 04:06:45 PM
 #4

First of all, congratulations for achieving your new rank of Full member, Because a few days ago I saw you and you were at 94 or 96 I think, and now have become a full member, great work, and keep up the spirit.

Now coming back to your queries.
I’d like to know what motivates you to invest in a speculative asset like Bitcoin?
I want to make money, I have money that I can use to make extra money, but I do not have enough money to invest in other kinds of investments like real estate, etc. But I came to know about BTC and the features it has, so I was motivated to put my assets in it. Just to clear things out, I am a student and started to make money from crypto, and now I am earning from sig campaigns in BTC. And I an saving these amounts and only using what I have to.

What is the driving force that encourages your continuity in the Bitcointalk forum?
First, I was here for bounties, then I started to contribute to discussions on the local community then slowly slowly, started to make posts out of the local community, and started to get motivated when people started to merit me, people not from the local board but from overall board supported and motivated me, ohh how can I forget to mention, they educated me better than my school teachers.

I like the interaction here, and the replies I got from others, I like the attention (which I actually don't have hehe). But still, I don't know, I kind of feel, I am missing something until I don't visit the forum, If you will see, I don't have any posts from yesterday (instead one maybe), I was busy in marriage where I have to travel 5 hour for just going there and 5 hour to come home. And I stayed there for only 1 hour. I was frustrated, but during the travel, I still opened BTT and read what was happening if there was some good or bad news, I did not engage due to privacy. Well, I think I am going off-topic.
who do you listen to in the forum and study to keep your conviction solid?
Everything that is related to BTC and hacking.
What do you think are the reasons why some person stopped contributing to the forum positively or are they carried away by the rank they have?
Everyone have there reasons. We can't predict them.

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October 01, 2023, 04:53:02 PM
 #5

I've been there on the situation you are having. I stopped using this forum before when the time I was so demotivated and questioning myself why I'm still in this forum but after trying to get back, I realize I can still learn new things from the opinion of other forum members. I use this forum to have an update on latest cryptocurrency happenings though I can't deny that the signature campaign that I am currently participating helped me a lot in being active, I consider it as a bonus and an extra motivation to stay up to date in the cryptocurrency space.

If you are not demotivated on what you are currently doing, try to rest temporarily and think about what you plan to do in the future, maybe the plan you have can push you even further. I have plans and I am so motivated to push those plans into reality.
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October 01, 2023, 05:11:47 PM
 #6

Regardless i still have a few questions and things i want to know, something that a book, video or other learning resources cannot help me instead i can only get that from members of the forum.
Yes, this is the point of the aspect statement. You said that I learn things from BitcoinTalk members that are not found in videos, books, or other learning resources, etc. I can't say with certainty about you what that thing is in your mind. But according to my theory and idea, as far as I know if I am not wrong, that thing is experience, which members of the BitcoinTalk forum can give you. Emphasize thinking a little and trying to understand that videos, books, or other learning resources, etc., only teach you basic knowledge about what Bitcoin is and how and when to invest. But experience is something that is presented to you in the form of a practically positive feedback result by making good use of all the knowledge or education that you need. Using this knowledge, should you decide to enter Bitcoin at this time or exit at this time, etc.?

So the purpose of saying this is that reading books, watching videos, and other learning resources provides education for you, which only gives you knowledge, whereas experience gives you the result that has been practically confirmed. There are many members on BitconTalk who can teach you this experience for free.

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October 01, 2023, 05:46:38 PM
 #7

I’d like to know what motivates you to invest in a speculative asset like Bitcoin?


I picked interest in Bitcoin because it is community-oriented and there's full access to participate in the open economy. To invest in assets in my country, I have to do shit ton of KYC and other things. When I first got into bitcoin and crypto, 95% of exchanges at the time didn't enforce KYC so it was super easy to join the bandwagon.

What is the driving force that encourages your continuity in the Bitcointalk forum?


The forum contains a wealth of information. I found the forum through a Google search. I read the topic and replies. That's when I decided to stick around. I thought - If I know this just from a Google search, how much more will I learn if I stick around?


who do you listen to in the forum and study to keep your conviction solid?


Sometimes it might be hard to sift through some responses that I don't resonate with but the list was and is still considerably long.

What do you think are the reasons why some person stopped contributing to the forum positively or are they carried away by the rank they have?

Nobody is carried away. Before becoming active once again on the forum this year, I was last active 2 years ago and more breaks before then. Life happens and focus changes. Also note that some ranked members that are inactive might be dead.

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October 01, 2023, 06:01:19 PM
 #8

I will say i am impressed with the response so far. I am having new insight and I have noticed what i have thought or been doing wrong.

I've been there on the situation you are having. I stopped using this forum before when the time I was so demotivated and questioning myself why I'm still in this forum but after trying to get back, I realize I can still learn new things from the opinion of other forum members. I use this forum to have an update on latest cryptocurrency happenings though I can't deny that the signature campaign that I am currently participating helped me a lot in being active, I consider it as a bonus and an extra motivation to stay up to date in the cryptocurrency space.

If you are not demotivated on what you are currently doing, try to rest temporarily and think about what you plan to do in the future, maybe the plan you have can push you even further. I have plans and I am so motivated to push those plans into reality.
Aside form being a Bitcoin Investors and being a member of the forum, do you mean that your other goal in life was kind of related to Bitcoin and that is why you came bac and become more active in the forum.

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October 01, 2023, 07:16:52 PM
 #9

I’d like to know what motivates you to invest in a speculative asset like Bitcoin?

What is the driving force that encourages your continuity in the Bitcointalk forum?

who do you listen to in the forum and study to keep your conviction solid?

What do you think are the reasons why some person stopped contributing to the forum positively or are they carried away by the rank they have?

The hype of bitcoin and coming online to see or hear things about bitcoin tempted me to know more about it and that was how the journey began. Finding out about Bitcointalk Forum trigger and boost my confidence knowing that I'm in the midst of like minded people who share similar ideas. I personally have some high rank members whom I look up to despite that they're not aware of it but I do not have a particular member who I listen to for now. I listen to ideas in the forum no matter where it is coming from be it high rank or lower rank as long as the idea is useful. It's wrong to assume and make judgment as to why some people stopped contributing in the forum. It my be due to personal reasons or some challenges. Just like in this thread by lauda. It's very emotional and painful seeing people leaving this space in such manner.

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October 01, 2023, 08:01:52 PM
 #10

I’d like to know what motivates you to invest in a speculative asset like Bitcoin?

Despite its speculative nature, as the first cryptocurrency to exist, it has distinguished itself from the others and continues to explore its decentralised nature. It is the only coin that has some level of dependency on a return of value when invested in and can resist market volatility and pressure to regain its previous value.

Quote
What is the driving force that encourages your continuity in the Bitcointalk forum?

It is a school of knowledge that includes instructions on how to get started with bitcoin technology as a miner, investor, or trader. You can't get lost in this type of technology if you have this understanding.

Quote
who do you listen to in the forum and study to keep your conviction solid?

Reputable members who have contributed to the forum in some capacity, such as sharing knowledge, providing solutions, and important information on bitcoin technology. Despite the fact that this is a public group, not many people will be wrong while supporting a notion that has been established beyond reasonable doubt to be true.

Quote
What do you think are the reasons why some person stopped contributing to the forum positively or are they carried away by the rank they have?

Knowledge is limited, some people may be unaware of the latest discoveries and may not feel the need to learn about them. If questions are posed, I'm sure they'll respond based on what they know. They might still be other reasons known to them only for not contributing to the forum again.

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BIT-BENDER
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October 01, 2023, 08:21:56 PM
 #11

 
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I’d like to know what motivates you to invest in a speculative asset like Bitcoin?
I have never had problems in continuing to hodl Bitcoin the issue why it seems that many people thinks of giving up is that they are mostly investors and every investor wants to make profits but the crypto-currency market is volatile with it's up and downs. But I see Bitcoin than just an investment opportunity I see it as a financial system offering solutions the traditional financial system couldn't handle with this I don't need much motivation to continue.
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What is the driving force that encourages your continuity in the Bitcointalk forum?
Firstly I would gain nothing to discontinue the forum, first tye forum has been pivotal in me developing my knowledge of Crypto-currency and till now I still find it very helpful, I have come to also see that you get real time information on Crypto-currency that you may not readily get outside and the community is warm.

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GiftedMAN
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October 01, 2023, 08:32:50 PM
 #12

I’d like to know what motivates you to invest in a speculative asset like Bitcoin?


Being around someone who invested in bitcoin for a long time and still making good progress is one of the things that motivated me to like bitcoin even before locating bitcointalk forum. And coming to the forum without having knowledge of cryptocurrency and later finding out that a lot of people also believes in the same thing that someone closer to me has been into for a long time gave me the courage to start up my bitcoin investment journey and since then, it's been an interesting journey even though am yet to experience a bull run since I started my investment but am happy to have invested and still investing in bitcoin.





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October 01, 2023, 08:44:39 PM
 #13

I’d like to know what motivates you to invest in a speculative asset like Bitcoin?

Despite its speculative nature, as the first cryptocurrency to exist, it has distinguished itself from the others and continues to explore its decentralised nature. It is the only coin that has some level of dependency on a return of value when invested in and can resist market volatility and pressure to regain its previous value.

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What is the driving force that encourages your continuity in the Bitcointalk forum?

It is a school of knowledge that includes instructions on how to get started with bitcoin technology as a miner, investor, or trader. You can't get lost in this type of technology if you have this understanding.

Quote
who do you listen to in the forum and study to keep your conviction solid?

Reputable members who have contributed to the forum in some capacity, such as sharing knowledge, providing solutions, and important information on bitcoin technology. Despite the fact that this is a public group, not many people will be wrong while supporting a notion that has been established beyond reasonable doubt to be true.

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What do you think are the reasons why some person stopped contributing to the forum positively or are they carried away by the rank they have?

Knowledge is limited, some people may be unaware of the latest discoveries and may not feel the need to learn about them. If questions are posed, I'm sure they'll respond based on what they know. They might still be other reasons known to them only for not contributing to the forum again.
This is interesting! If I had any merit i would have merited, you.

The aspect which you said the forum is like a school of knowledge cut deep into my heart. I could remember when I started, I was not good at making good discussions in the forum due to this I was attacked by most person, but I understood something that those words were thrown at me for me to learn and contribute to the forum positively. Sometimes it's best to learn the hard way.

Also, I don't agree when you said knowledge is limited. Buddy knowledge is open for anyone at any time to learn. As long as you have the zeal, and you want to be in this forum then the need to learn and upskill is very important.

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nakamura12
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October 01, 2023, 08:48:37 PM
 #14

You are right that some account are no longer online but don't forget that some account that are inactive and suddenly becomes active after a very long time. We all have our reasons as to why we stop at something but my opinion about why they stop is maybe they are too busy and can't visit the forum for a long time. Anyways, if you invest in Bitcoin it doesn't mean that you will always have to be active on the forum in order to gain profit. As other forum members have also given this advice to other forum members as I also did, it's better to have more than one main source of income and never make Bitcoin investment as your main source of income.


First of all, congratulations for achieving your new rank of Full member, Because a few days ago I saw you and you were at 94 or 96 I think, and now have become a full member, great work, and keep up the spirit.
Such advance congratulatory when OP have to met the required activity points yet. Not that I say OP did not deserve it.
Well anyway, congratulations in advance to OP.

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Rruchi man
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October 01, 2023, 09:00:04 PM
 #15

What is the driving force that encourages your continuity in the Bitcointalk forum?
I don't just like but also value the community involvement and membership.

Bitcointalk has given me a family that has helped to sustain and grow the interest I have in bitcoins. Without this forum, I would have still known about bitcoins, but maybe my interest would not have been the way it is now, maybe it would have long been extinguished.

Also with this forum, I feel like a part of something very important to the future.

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shepherd_gee
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October 01, 2023, 09:39:16 PM
 #16

I'm still studying the forum, its barely 48hrs I've been here, there are some actions i want to make like tagging and replying to a particular question but I find it difficult to do, but with time every damn thing will fall in place.

My biggest motivation investment in Bitcoin is actually the volatilistic nature of the market. No one could tell that Bitcoin would rapidly rise to this extend, except those who had the strong mind of risk taking, who despite the impossibilities saw possibilities in it. The market is just a decade and half and it has risen to this extend, what makes you think the market won't rise above what it is today. I fill my mind with serenity and tranquility putting the past behind. Philip Lucky Dube in one of his songs sleeping dogs says .... Don't look into the paste, it will make you pastiristic, look to the future, it will make you futuristic. The future is my biggest motivation.
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October 01, 2023, 10:18:32 PM
 #17



Quote
I’d like to know what motivates you to invest in a speculative asset like Bitcoin?

Profit motivates me to invest in a speculative asset like Bitcoin.  If I wanted to use it, I just buy it when needed.

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What is the driving force that encourages your continuity in the Bitcointalk forum?

Knowledge and additional source of income.  I'll be a hypocrite if I do not admit the benefits I get in staying here in the forum.

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who do you listen to in the forum and study to keep your conviction solid?

I listen to anyone that makes sense.  I am open to people's points of views.

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What do you think are the reasons why some person stopped contributing to the forum positively or are they carried away by the rank they have?

I am not a fortune teller so I do not know what motivates them to do such actions.  It is better to hear it from them.

.
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October 01, 2023, 11:30:00 PM
 #18

I’d like to know what motivates you to invest in a speculative asset like Bitcoin?
Because it's proven and tested so many years based on the price history.
Bitcoin has a limited supply and there it could be called profit when you store value.

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What is the driving force that encourages your continuity in the Bitcointalk forum?
To learn more and to be updated in the crypto space.
Of course, to earn money that now I'm thankful because I run my own business.

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who do you listen to in the forum and study to keep your conviction solid?
No one, but I used them as my preference, don't rely on a single piece of information, it should be there are too many references.

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What do you think are the reasons why some person stopped contributing to the forum positively or are they carried away by the rank they have?

It could be death or finding a better job than making a profit on crypto.
IMO, though I am busy and have a lot of time for my business but still I can spare time here in the forum to visit and get updated of what happening on the crypto world.

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Sarah Azhari
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October 02, 2023, 02:05:57 AM
 #19

I’d like to know what motivates you to invest in a speculative asset like Bitcoin?
I don't feel that Bitcoin is a speculative asset because gave me a lot of profit some time ago. So if you think Bitcoin is a speculative asset, It definitely won't have a positive impact on your life. But now, you will see people and the members who joined and understand Bitcoin, has changed their life significantly before knowing that asset. Bitcoin has changed everything and can give you benefits if you believe that asset is the future.

What is the driving force that encourages your continuity in the Bitcointalk forum?
We cannot deny that money and income is one thing important here. sometimes I feel lazy to post and answer questions from members here, but if I think I will receive income from what I say and post, that's a big motivation that can push me to think out loud to resolve the problem.
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October 02, 2023, 02:21:54 AM
 #20

Regardless i still have a few questions and things i want to know, something that a book, video or other learning resources cannot help me instead i can only get that from members of the forum.
A lot.

Big Library of Bitcoin & Blockchain Books
If you want free resources.
https://learnmeabitcoin.com/beginners/
https://www.lopp.net/bitcoin-information.html
Mastering Bitcoin book
Mastering the Lightning Network

Bitcoin for beginners (Youtube playlist)

Quote
I’d like to know what motivates you to invest in a speculative asset like Bitcoin?
Because its tech is great. It is decentralized, no censorship. I can have my own bank with it and I am bullish on it after reading The bullish case for Bitcoin

.
.Duelbits.
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