Bitcoin: The smartest investment choice.

[Kakmakr]

You will never convince "old money" supporters like Warren Buffett and Charlie Munger that Bitcoin is a good investment, because they hate competition. They want money to be invested in Berkshire and it's investment options and not into some competitive offering that they do not understand.

This is why most of the old school super rich guys are against Bitcoin and making ridiculous statements about it. We should stop listening to people that do not want to change and those who do not want to evolve. Those people support their rich buddies and their circle of friends and the rest are just cannon fodder for them. 

[Dimitri94]

It’s our choice if we believe to those kind of people. I mean its helpful that we learn different persperctives regarding Bitcoin but it comes from closed minded people who refused to believe on what BTC can offer, we are not obliged to listen to them.

When I first learned about Bitcoin I didn't care as much as I care about Bitcoin at the moment. Many may think of Bitcoin as just a means of investment. But if it is planned for a long time then the interest of the investors will increase. I was quite attractive on gold before learning about bitcoin. But I realize long term bitcoin will be a more valuable asset than gold. No specific supply is known in case of gold. But Bitcoin has limited supply. After 21 million bitcoins no more bitcoins will be created. It will be certainly regarded as an valuable asset.

[Promocodeudo]

Different people with a different understanding, as long as there is freedom of speech, there is no limit to what anyone can say, but you will be doomed if you listen to them without investigating properly, you don't force people with negative mindsets on Bitcoin because there is nothing you will say that is going to convince them instead choose the interested people and move on, people don't still believe that BTC has come to stay so you won't blame them, some of this people discouraging some individuals might be Government paid agent, since the Government know that they are respected persons, Government believes that their voice will be listened to, this the reason why I don't like reading any journal that makes a negative statement about BTC, Note, the Government will stop at nothing to bring BTC down because of the danger the perceived from it.

[slapper]

Actually, those influencers seem to like to exaggerate their views, even though it makes no sense for the long term crypto market. Yes, maybe the short term volatility is so strong that there is no functioning financial market. But the story here is that they (previous generations) could only invest in things that were available at that time, but they were core to the economic industry, and it was not possible for them to succeed and become billionaires, meaning they are always right. People who don't understand bitcoin or have never even traded with it like to attack it, and there are also a bunch of conspiracies about whether they really don't hold bitcoins.

That is what they are good at (exaggerating things) and they can accept any kind of offers even though it's not really good for others but as long they are getting paid through it. Sometimes the volatility for the short term is strong but nowadays I think it gotten weaker and we mostly experience a stability only. This doesn't mean that the market is not functional anymore. Of course they always run. Previous generations or not, we all can only invest on what is laid on the table.

There were many good investment assets back in time and if the investor is also good at handling it, it is always possible for them to succeed and be wealthy. Those who attack BTC are sometimes faking it. The truth is they also support BTC. They only spread FUD to take advantage of the dump when people panic and sell.

Yes, it's an old trick: lie, manipulate, and get what you want no matter what the effects are for others. Market manipulation by people or groups for their own gain is not a new thing. FUD often play together, shaking financial world to their core, even ones as stable as Bitcoin. Even though there have been times of stability in the middle of volatility, we need to look closely at the intentions of those who say they want to hurt BTC.

It's an endless game where dishonest critics use sneaky tactics to take advantage of market changes caused by fear. They try to make money off of the later dumps by making up fake problems and exaggerating problems that people think they have. Unfortunately, these kinds of tactical moves are common in today's market. But a smart investor who is aware of these dishonest practices can get through the chaos and come out on top.

[Gladitorcomeback]

I think it's quite important that we are going to hold the best one. Bitcoin is so great that if you have 100% investment in bitcoin, nothing else, not non-crypto stuff like stocks or gold, nor anything in altcoin world, purely all your entire investment is to bitcoin, I would support that too. It's that good, and even though diversification is suggested, bitcoin is so far miles ahead of every other asset in the world that you do not really need to invest into anything else.

I also support investing, but I don’t think it would be a wise decision to put all my money in only one place. The main reason is that most rich people don’t invest in any one business but rather with their capital in the various industries. I think investing in Bitcoin should also include investing in gold, and real estate.

Both buying and selling of real estate and buying and selling of gold have been done since the very old times when Bitcoin did not exist and even not anyone think about it, and investing in real estate and gold seems safer to me than Bitcoin(due to regulations  and many other factor in our country). We prefer Bitcoin simply because of the higher returns. it should also be realized that crypto currency market is a risky market where I would never support investing all my capital. Even if it is Bitcoin, because if Bitcoin can give me good profit, there are also risks of loss.

[kryptqnick]

When I read the post, I assumed it was going to be an old, 70+ person. But he's not just 70+, he's 99 years old! So that's a person who's lived most of his life without the Internet, let alone cryptocurrencies. He's also clearly a person of a very different story of successful investments, the traditional stocks worked really well for him. So I won't even hold it against him that he doesn't get Bitcoin investments and is pissed that Bitcoin grew so much. He's literally a man of the past era, and his opinion is based on his life experience, which largely occurred without Bitcoin, within the system Bitcoin's trying to undermine.

[God bless u]

When I first learned about Bitcoin I didn't care as much as I care about Bitcoin at the moment. Many may think of Bitcoin as just a means of investment. But if it is planned for a long time then the interest of the investors will increase. I was quite attractive on gold before learning about bitcoin. But I realize long term bitcoin will be a more valuable asset than gold. No specific supply is known in case of gold. But Bitcoin has limited supply. After 21 million bitcoins no more bitcoins will be created. It will be certainly regarded as an valuable asset.

Those who don't have examined the benefit of bitcoin and gold are not able to understand it but once a person know that how profitable they are then they will collect money to be put in them. A person always give value to the asset in which he wants to put money or in which he has already put money but if you don't have any concern with any asset then you will not give any attention to its decrease and increase price.

Bitcoin and gold both are beneficial but as we compared gold with bitcoin then gold is not much beneficial because when we selling charges of gold is very high therefore one cannot get benefit from gold in short term but if long time passed then it can give you higher return. Due to limited number of bitcoin present here the value of it increases day by day and when we see the past then we have proof that bitcoin is more valuable now in contrast with passed years.

[Miles2006]

Actually, those influencers seem to like to exaggerate their views, even though it makes no sense for the long term crypto market. Yes, maybe the short term volatility is so strong that there is no functioning financial market. But the story here is that they (previous generations) could only invest in things that were available at that time, but they were core to the economic industry, and it was not possible for them to succeed and become billionaires, meaning they are always right. People who don't understand bitcoin or have never even traded with it like to attack it, and there are also a bunch of conspiracies about whether they really don't hold bitcoins.

Just like what you said people who have never come close to know more about bitcoin or people who have never invested on bitcoin they are the ones spreading false information about bitcoin and that's very bad, is better to experience the world of bitcoin and make the decision for yourself. I don't believe in people who spread false information about bitcoin, I will rather experience bitcoin by myself and decide if I should invest or not.
When matters like this arise is best to ignore because I don't see any point arguing with an old man, they will always stick to there decision and same here we will also invest, buy and trade no matter what.

[Silberman]

When I read the post, I assumed it was going to be an old, 70+ person. But he's not just 70+, he's 99 years old! So that's a person who's lived most of his life without the Internet, let alone cryptocurrencies. He's also clearly a person of a very different story of successful investments, the traditional stocks worked really well for him. So I won't even hold it against him that he doesn't get Bitcoin investments and is pissed that Bitcoin grew so much. He's literally a man of the past era, and his opinion is based on his life experience, which largely occurred without Bitcoin, within the system Bitcoin's trying to undermine.

The ability people have to adapt while extraordinary still has limits, Buffett and his associates are from a different era, a world which can be very difficult for people which are young to even imagine, so it not surprising our vision and their vision about the reality does not match, however when they are so vocal against something they do not understand and try to undermine it then it is natural this creates a reaction among some of those that see in this market a great deal of potential.

[gunhell16]

Even if there are people who say bad things about Bitcoin, it's up to us if we believe it. Why should we believe what others say if we know that Bitcoin has brought good things to our lives or great contributions it has given us?

It means that no matter what that person says, even if he is the most famous person, if you know for yourself that Bitcoin has become your partner in terms of financial problems, you will ignore such nonsense as a matter of fact.

[poodle63]

You will never convince "old money" supporters like Warren Buffett and Charlie Munger that Bitcoin is a good investment, because they hate competition. They want money to be invested in Berkshire and it's investment options and not into some competitive offering that they do not understand.

This is why most of the old school super rich guys are against Bitcoin and making ridiculous statements about it. We should stop listening to people that do not want to change and those who do not want to evolve. Those people support their rich buddies and their circle of friends and the rest are just cannon fodder for them. 

also they need the flow of investment from other retailers and in massive amount on top of that to profit from their traditional investment.
they just want the easiest and most convenient way of making money which is just gaining profit from the market that they are good at.
in this case they are always against bitcoin because they simply need to start from scratch again, moreover the nature of the bitcoin and cryptocurrency market in general is heavily competitive and rather
heavily depends on the pure demand and supply, thats why I guess they don't really have the best idea about cryptocurrency in general and their advice aren't really relevant.

[btc78]

It’s our choice if we believe to those kind of people. I mean its helpful that we learn different persperctives regarding Bitcoin but it comes from closed minded people who refused to believe on what BTC can offer, we are not obliged to listen to them.

When I first learned about Bitcoin I didn't care as much as I care about Bitcoin at the moment. Many may think of Bitcoin as just a means of investment. But if it is planned for a long time then the interest of the investors will increase. I was quite attractive on gold before learning about bitcoin. But I realize long term bitcoin will be a more valuable asset than gold. No specific supply is known in case of gold. But Bitcoin has limited supply. After 21 million bitcoins no more bitcoins will be created. It will be certainly regarded as an valuable asset.

Like yours? yeah I in the past believe that gold is the best investment comparing to Banks and other form since I am also not that good about trading and real estate , but when I learn about bitcoin and what is this future? I started digging and yes now I am investors that believe about what will be my lights for future.
and also the shining of gold is really attracted , I almost put everything in Gold back then but now? I only have bracelet and necklace for events use and nothing more even a ring(aside from our wedding ring)

[TakeItEasy]

I don't pay attention to people like Charlie Munger because they overlook the fact that cryptocurrencies like Bitcoin represent a new form of financial freedom. Many people, including myself, can vouch for this. Before I learned about Bitcoin, I viewed it as a risky investment where I might lose money. But as I learned more and saw what Bitcoin could achieve, my perspective changed. Bitcoin has exceeded my expectations. So, it's best to ignore statements like these on social media from such individuals. Who knows, they might have invested in Bitcoin secretly due to its decentralized nature. And speak I'll of it on the net to gather fans or sort.

Not only bitcoin is risky, but the way coins behave from the very start of trading, we should conclude that all the trading is volatile, and we could learn more lessons as we got some of the loss. But we can't say that there is only loss and there is only risk in crypto, if we think about other businesses and other life things we should get to a result that there are also some risk factors involved, and also we have to pass through the difficult and nonsense situations, but unfortunately we didn't think ever about that.
As regards Bitcoin, if some people have been lost from this then we can also conclude that it has given people hope and it has given people a new life due to Bitcoin many users have started earning and they got their businesses and got their works, indeed they started to support their families.

[Pingrapole]

If you want to expect good profits or good things from Bitcoin, first you have to change your perspective and not look at what anyone is saying, but look at those who are successful in this world and work If we work by gaining knowledge from this forum without gaining knowledge from any social media, then the misconception that exists among us will also be removed. We have many members that are still not sure.Bitcoin is a smart system yet they are not convinced that it is a risky system Keep making comments like this because of not knowing the correct information for Bitcoin. So without looking in that direction know well and work and achieve success.

[puloweh555]

It’s our choice if we believe to those kind of people. I mean its helpful that we learn different persperctives regarding Bitcoin but it comes from closed minded people who refused to believe on what BTC can offer, we are not obliged to listen to them.

When I first learned about Bitcoin I didn't care as much as I care about Bitcoin at the moment. Many may think of Bitcoin as just a means of investment. But if it is planned for a long time then the interest of the investors will increase. I was quite attractive on gold before learning about bitcoin. But I realize long term bitcoin will be a more valuable asset than gold. No specific supply is known in case of gold. But Bitcoin has limited supply. After 21 million bitcoins no more bitcoins will be created. It will be certainly regarded as an valuable asset.

Basically invest in what they understand, there is no harm in investing anywhere. However, bitcoin investment is the best choice for the future and bitcoin assets are also easy to carry anywhere, even if there is a war, it is easier to store them compared to other investments. In this technological era, the investment choice is Bitcoin.

It's not surprising that many people still invest the old way, namely investing in gold and land. Maybe because they don't understand technology so they can't secure bitcoin. If there is a war, they choose to join the war to protect their assets.

[TravelMug]

If you want to expect good profits or good things from Bitcoin, first you have to change your perspective and not look at what anyone is saying, but look at those who are successful in this world and work If we work by gaining knowledge from this forum without gaining knowledge from any social media, then the misconception that exists among us will also be removed. We have many members that are still not sure.Bitcoin is a smart system yet they are not convinced that it is a risky system Keep making comments like this because of not knowing the correct information for Bitcoin. So without looking in that direction know well and work and achieve success.

Of course you can look at those early birds, however, there is only one formula though, that is to be a long term holder that's it. So it will take a lot of time to build our wealth here, however, there is no secret formula. Just hard grind and have the mentality to buy whatever we can, specially in the bear market.

And it should be long term or at least one cycle to see how it will go for you. But definitely, you will not be disappointed. Take this for example, if you have bought when the price is around $15,500 last year it, and in 12 months you are already looking for more than 100% profit. It's because the price right now is $34k-$35 and it could even go higher this year. So just imagine what will be the price this next bull run, and how much profit you are going to make when the price hits $100k minimum.

[bayu7adi]

The main thing I can feel is privacy. Indeed, when we do not let our Bitcoin transactions flow to exchanges, our privacy will remain safe and it is like having an undetectable treasure. I myself have personal confidence in Bitcoin, because it is a digital asset and also a cryptocurrency that opens the gates of financial evolution. Anyone in this world, if they know what FIAT does and what Bitcoin offers, will of course start to consider Bitcoin as the best alternative, even though there are some people who don't like Bitcoin because they are driving FIAT, that could happen.

Centralized currencies alone make us sick, where banks and governments interfere too much with our digital business. In fact, they impose very burdensome taxes with tax allocations that are still full of question marks. I agree that taxes are imposed to build public facilities, but corruption is always unreported so this makes us skeptical of the behavior of banks and governments.

[eightdots]

Even if there are people who say bad things about Bitcoin, it's up to us if we believe it. Why should we believe what others say if we know that Bitcoin has brought good things to our lives or great contributions it has given us?

It means that no matter what that person says, even if he is the most famous person, if you know for yourself that Bitcoin has become your partner in terms of financial problems, you will ignore such nonsense as a matter of fact.

Each investor must make his or her own decision. We should follow the economy and what is going on around us so that we can be informed about the market. Those who act according to other people's decisions other than their own will make mistakes. The investment is yours and the decisions should be yours.

As you said, we don't have to listen to the speeches or speculations of famous people. If we always make our own decisions, we won't fall for other people's hype. Just because we make our own decisions doesn't mean we can't listen to knowledgeable people. Once we know all the information and apply our own logic, we need to act on our own decisions.

[Essential10]

However, it is true that many countries do not want to accept Bitcoin because of the irreversible transfer. If I send money to your bank account, the bank will work as a media, there is a process to bring back that money, if I send money through Crypto, no one else can bring it back except you. Because crypto currency have no central authority. Many non-investors invest in Bitcoin due to the hype and then it becomes very difficult for them to understand what they are doing. I will tell them to invest in Bitcoin with very little information, it is nothing but stupidity in their case. Investing in Bitcoin is a smart investment choice but only when an investor invests in Bitcoin with proper understanding and knowledge.

[red4slash]

Even if there are people who say bad things about Bitcoin, it's up to us if we believe it. Why should we believe what others say if we know that Bitcoin has brought good things to our lives or great contributions it has given us?

It means that no matter what that person says, even if he is the most famous person, if you know for yourself that Bitcoin has become your partner in terms of financial problems, you will ignore such nonsense as a matter of fact.

Each investor must make his or her own decision. We should follow the economy and what is going on around us so that we can be informed about the market. Those who act according to other people's decisions other than their own will make mistakes. The investment is yours and the decisions should be yours.

As you said, we don't have to listen to the speeches or speculations of famous people. If we always make our own decisions, we won't fall for other people's hype. Just because we make our own decisions doesn't mean we can't listen to knowledgeable people. Once we know all the information and apply our own logic, we need to act on our own decisions.

Depending on what others say is a behavior that exists in humans who have no principles. It's true that we should listen to the advice of others, but the one who decides is us. We should not swallow what others say because that is not wise at all.
Apart from that, we must be good at filtering, or in other words, what is said by someone we must double-check on credible sources or on people who are more expert, in any case.
Back to the beginning, the point is that as humans we must have principles and not depend on others.