barisbilgili
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November 01, 2023, 02:03:22 PM |
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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. In living this life, of course everyone has to make investments if they really want their life to be better than before, because without making investments, of course we will have difficulty enjoying our old age when we are no longer able to do the work that we are capable of doing. You are right. , if we choose to invest in Bitcoin, of course we will be able to maintain it easily if we understand it well. Choosing to invest in Bitcoin is the right choice because it can make it easier for us to own it or sell it and for those who are still investing in gold and land, I think they don't understand technological developments well so they don't have the courage to make investments like this. Bitcoins.
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Mame89
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November 01, 2023, 03:05:41 PM |
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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? Agree. Our financial problem in this case is investment. We don't need to listen to other people who say Bitcoin is bad for investing. There is no point in listening to other people if we already believe that Bitcoin is the best investment today and even for the future. 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.
I'm not going to listen to the most famous person let alone a 90 year old tell me that the next 100 years won't happen. Investing in bitcoin is a way to set aside money while you're busy with life and put that money to work for you so you can fully reap the rewards of your hard work in the future.
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uneng
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November 01, 2023, 03:15:02 PM |
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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.
Instead of listening to others' advices, why not check and analyze the history of Bitcoin by yourself in order to reach a conclusion? I think that is the best approach, because this way you reach closest as possible from the reality, while getting away from biased opinions from others who might not reflect the reality, but only reflect their personal reading of the reality, which might be completely inaccurate due to them being unable to understand it properly or due to them having a hidden agenda, like many of the mainstream media and economists who defend the broken fiat system with great sense of duty.
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Finestream
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November 01, 2023, 08:59:05 PM |
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Munger is a walking corpse, it does not matter what people like him & Buffett think about bitcoin. They ere old school, legacy finance guys. What they’ve done their whole life has worked well for them. They will not embrace new tech before they die, which won’t be long. Bitcoin also takes a slice of the pie too so they will never actively support it. But yes of course bitcoin is a great investment, you don’t need them to tell you that.
Munger has his own choice of thoughts, and for me that's something that we also need to respect. But that does not mean that we will believe in whatever he says, we have our own thoughts about bitcoin, and we should focus on it, not on his. However, although I believe bitcoin is a great and very profitable investment, but for me the best decision ever in any investment is not to rely in a any single investment but learn to diversify. Bitcoin is a smart choice, but let's also be open that some investments are still better than bitcoin. The reason why we should not focus only in bitcoin but we should learn to invest in other investments as well as to maximize our gains. That way, no matter how smart bitcoin investment is, once its gone in the market, it will never leave any value after that. But since we also have other potential investments, then we will still be profitable no matter what.
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mirakal
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November 01, 2023, 11:58:12 PM |
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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. Absolutely, let's break it down in a more casual way! Bitcoin is open to everyone and no VIP passes are needed. You, me, anyone with internet can join the Bitcoin party. No banks, no paperwork, just you and your digital wallet. Thats maybe why they call it “stupid” It has risk yes, but everything has.
You know, it’s actually a good thing if we are open to different ideas about bitcoin. We should not set limits because whatever idea or concept that comes out with bitcoin, it has also its valid reason. So learn to consider both sides but in the end, decide wisely on what concept you are going to adopt. Whatever yours will be a reflection on how you will deal with bitcoin. However, based on my personal view, I am a bitcoin enthusiast so I will never go in favor with Munger. I built my own concept and trust in bitcoin, and that’s one thing that I’m going to hold onto bitcoin and continue to see it which has a lot of potentials to grow in the future.
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rodskee
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November 02, 2023, 02:04:45 AM |
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Own a Bitcoin today, and start from somewhere no matter how small.
Have not we are telling people this over the years? though it is not completely the same but the thought is almost and that is "invest what you can afford to lose"from my own perspective , as how i see market from those years , the smaller we started is the bigger we may gain in each bullrun. 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.
That being said , there is advantage and disadvantage in which important depending to your plans and usage.
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bayu7adi
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November 02, 2023, 02:48:23 AM |
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Have not we are telling people this over the years? though it is not completely the same but the thought is almost and that is "invest what you can afford to lose"
from my own perspective , as how i see market from those years , the smaller we started is the bigger we may gain in each bullrun.
that's a strange statement. how can someone who invests a little end up making more money? If the world worked in this upside down way, why are there still poor people? You'd think that if your theory was right, poor folks would get rich by applying it. Big investors still make big profits, but they also carry big risks. setting a maximum amount of money you can afford to lose is a sound concept. Beyond that, it's all about taking your own risks. No one's going to show mercy if you lose, and no one's going to promote you when you make a profit.
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Sebas.tian
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November 02, 2023, 03:21:01 AM |
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I think, some people still need more impact about Bitcoin because they don't still believe that decentralized currency can do all those things that is attracting people to develop more interest on Bitcoin. I came to discovered that those that rejected Bitcoin in the past are the ones spreading the information about Bitcoin now, and what people will achieve from it, if they can show more interest to invest and hold for long periods of time before they can sell to be part of the benefitiary of Bitcoin. There are many evidence to show to those who don't want to believe that Bitcoin is real by referring them back to what happened in the pandemic that took over one year and some months to collapsed the global economy but Bitcoin investors didn't experience such shaking in their various countries.
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YUriy1991
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November 02, 2023, 04:15:05 AM |
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Yes. this is a very big step into what I see as a growing market. I think currently there are thousands of viewers investing in a smart way in BTC although many still assume that the price of Bitcoin will fall again but not as deep as some time ago. One thing I want to say is that we will never be able to make a profit if we only look at price declines, but long-term investment strategies and short-term investments must be determined because otherwise it will more or less affect performance (investment psychology) too.
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LittleBitFunny
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November 02, 2023, 04:22:09 AM |
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Have not we are telling people this over the years? though it is not completely the same but the thought is almost and that is "invest what you can afford to lose"
from my own perspective , as how i see market from those years , the smaller we started is the bigger we may gain in each bullrun.
that's a strange statement. how can someone who invests a little end up making more money? If the world worked in this upside down way, why are there still poor people? You'd think that if your theory was right, poor folks would get rich by applying it. Big investors still make big profits, but they also carry big risks. setting a maximum amount of money you can afford to lose is a sound concept. Beyond that, it's all about taking your own risks. No one's going to show mercy if you lose, and no one's going to promote you when you make a profit. Expecting bitcoin to increase thousands or millions of times like before is impossible, everything has changed so we cannot expect that with just a small investment in bitcoin we can big profit from it. Bitcoin will help us earn significant profits from our investment, but it cannot help us become rich with just a small amount of capital. This is the financial market and no one can help anyone because if we let them win, we will be the losers. The market is like a battlefield, we should keep this in mind before investing in bitcoin or any other financial market.
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rodskee
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November 02, 2023, 10:27:27 AM |
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Have not we are telling people this over the years? though it is not completely the same but the thought is almost and that is "invest what you can afford to lose"
from my own perspective , as how i see market from those years , the smaller we started is the bigger we may gain in each bullrun.
that's a strange statement. how can someone who invests a little end up making more money? If the world worked in this upside down way, why are there still poor people? You'd think that if your theory was right, poor folks would get rich by applying it. Big investors still make big profits, but they also carry big risks. setting a maximum amount of money you can afford to lose is a sound concept. Beyond that, it's all about taking your own risks. No one's going to show mercy if you lose, and no one's going to promote you when you make a profit. Lol thanks for the correction , my sentence is not complete there is a missing as " the smaller we started the lesser we may lose but the bigger we may gain each Bullrun" was sleepy last night ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) .as this was what i applied many times before specially when I still investing in Shitcoin that i only risk smaller amount so I will not cry if ever it ended Scamming.this perspective i learned and keeping in mind when adding for my holding(because I already have my folio and just addint little by little each chances)
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CageMabok
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November 02, 2023, 12:06:46 PM |
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Yes. this is a very big step into what I see as a growing market. I think currently there are thousands of viewers investing in a smart way in BTC although many still assume that the price of Bitcoin will fall again but not as deep as some time ago. One thing I want to say is that we will never be able to make a profit if we only look at price declines, but long-term investment strategies and short-term investments must be determined because otherwise it will more or less affect performance (investment psychology) too.
Those who just watch the prices without doing anything will never get anything except what they themselves have worked for in their lives. So you also don't need to think about people like that because when you make a profit through Bitcoin investment you don't need to give it to them, so you just have to focus on your own investment plan and also suggest good things to those who ask about the best investment when This. You can see how current market conditions continue to improve and this will continue to be utilized by many people who have no doubts about Bitcoin.
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Uruhara
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November 02, 2023, 01:01:44 PM |
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I no longer feel surprised when I hear someone say bad things about Bitcoin. Because it's clear he didn't even try to learn about bitcoin itself. He was just talking about things he didn't really know at all. So don't pay attention to people like that. Focus on yourself and make your own judgments and act on the results of your own research. For me, Bitcoin is one of the important investments in this digital era. Although I can't say that bitcoin is the best investment. Because there are still many physical assets that can be called the best investments. But I would rather mention that one very important investment to get into is Bitcoin.
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Litzki1990
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November 02, 2023, 01:07:44 PM |
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If we are thinking of investing in crypto platform then Bitcoin is definitely the best and smart choice for us. I don't see any other currency like Bitcoin where people can invest comfortably and safely. People always consider Bitcoin as their first investment and choose other coins as alternative investments. It is not that people do not invest in other coins of the market, people also invest in other coins of the market but the amount is not very much, very few people invest in other coins of the market. Every investor wants their money to be safe despite the risk. Investing in Bitcoin is a bit of a risk but investing in this platform is much safer than other coins in the market which is why Bitcoin investment is considered a smart choice.
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Ayers
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November 02, 2023, 01:08:35 PM |
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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.
Instead of listening to others' advices, why not check and analyze the history of Bitcoin by yourself in order to reach a conclusion? I think that is the best approach, because this way you reach closest as possible from the reality, while getting away from biased opinions from others who might not reflect the reality, but only reflect their personal reading of the reality, which might be completely inaccurate due to them being unable to understand it properly or due to them having a hidden agenda, like many of the mainstream media and economists who defend the broken fiat system with great sense of duty. I agree, let's stop listening to people's advice when we have the ability to discover it all ourselves. Although everyone has good intentions towards us, everyone has different opinions and ways of thinking, so it is difficult to fully understand bitcoin based solely on the advice of others. Nowadays everything becomes easier as the internet and technology develop rapidly, we can learn everything ourselves, don't let others lead us when we don't know whether it is right or wrong. Whether Bitcoin is the best investment or not, everyone can find the answer for themselves, don't listen to anyone.
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Fakhrulenclix
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November 02, 2023, 01:24:56 PM Merited by fillippone (1) |
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I agree, let's stop listening to people's advice when we have the ability to discover it all ourselves. Although everyone has good intentions towards us, everyone has different opinions and ways of thinking, so it is difficult to fully understand bitcoin based solely on the advice of others. Nowadays everything becomes easier as the internet and technology develop rapidly, we can learn everything ourselves, don't let others lead us when we don't know whether it is right or wrong.
Whether Bitcoin is the best investment or not, everyone can find the answer for themselves, don't listen to anyone.
When we have the ability to analyze the market well, it will be better for us to stick to the analysis we made ourselves, of course we have our own reasons for the decisions we have made and also the people who advise us have their reasons and it is also better for us to stick to our own stance. because it will be more satisfying when we get a profit from the investment we make. Everyone has their own point of view in looking at how to invest in Bitcoin. If we can get a profit from the investment we make, of course we will say it is very good to invest in Bitcoin and for those who experience a lot of losses with this investment, of course they will say bad things about doing so. investment using Bitcoin because they don't understand it well.
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fullhdpixel
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November 02, 2023, 05:39:39 PM |
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When people talk trash about something, make sure you look into it, because that thing will probably become a successful thing, this is my way, as people are good at misleading others even if they are popular people, if you follow people blindly you can be lead astray.
That's true, critics actually do help things gain more exposure and hype even if it's negative hype, it eventually turns out to be positive for the thing that is being criticized. Bitcoin has it's disadvantages but every other currencies have more disadvantages than Bitcoin, just because people say things about Bitcoin does not mean it's the truth, you are to do your own research first before you start supporting the motion.
Nothing in the world is flawless, everything has its flaws but things that have fewer flaws than what they are being used as an alternative for tend to be much better in terms of quality. So, Bitcoin, with its flaws, is still better than traditional financial systems. Bitcoin is a speculative asset but it's the only thing that can solve the problem of every countries, that's not hard to see right now, a speculative asset is way ahead of the Fiat system and their never ending inflation virus, it's time for Bitcoin to come to the rescue, if they are ready to accept.
Most countries will never accept Bitcoin with open arms and they will always try to put hurdles in its way to stop its movement because it basically promotes privacy and decentralization and they don't want that since they know they will eventually lose control over the finances and financial activities of their people if they all start using Bitcoin.
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bitgolden
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November 02, 2023, 07:24:05 PM |
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I agree, let's stop listening to people's advice when we have the ability to discover it all ourselves. Although everyone has good intentions towards us, everyone has different opinions and ways of thinking, so it is difficult to fully understand bitcoin based solely on the advice of others. Nowadays everything becomes easier as the internet and technology develop rapidly, we can learn everything ourselves, don't let others lead us when we don't know whether it is right or wrong.
Whether Bitcoin is the best investment or not, everyone can find the answer for themselves, don't listen to anyone.
When we have the ability to analyze the market well, it will be better for us to stick to the analysis we made ourselves, of course we have our own reasons for the decisions we have made and also the people who advise us have their reasons and it is also better for us to stick to our own stance. because it will be more satisfying when we get a profit from the investment we make. Everyone has their own point of view in looking at how to invest in Bitcoin. If we can get a profit from the investment we make, of course we will say it is very good to invest in Bitcoin and for those who experience a lot of losses with this investment, of course they will say bad things about doing so. investment using Bitcoin because they don't understand it well. That type of knowledge to make our analysis requires a bit of studying and unfortunately not a lot of people on the market likes to take their time to study and learn how to make analysis. The reality is that we are at a stage where we can't really make it grow any bigger if we do not know how to make our research, we just can't get richer, we can try to find others who can help us, and they could give us tips but we do not know if they are right or they just made it up, so we just have to trust strangers online, which is not a smart way to invest. Taking our time, learning how to trade, learning how to invest, reading charts, indicators, basically all around being capable of making these type of changes are very important aspects of it. I hope that people could realize how important it is and could end up with some results that would be a little postponed due to working on learning it, but gradually get a lot better at the end result for us.
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Silberman
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November 03, 2023, 08:52:11 PM |
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I agree, let's stop listening to people's advice when we have the ability to discover it all ourselves. Although everyone has good intentions towards us, everyone has different opinions and ways of thinking, so it is difficult to fully understand bitcoin based solely on the advice of others. Nowadays everything becomes easier as the internet and technology develop rapidly, we can learn everything ourselves, don't let others lead us when we don't know whether it is right or wrong.
Whether Bitcoin is the best investment or not, everyone can find the answer for themselves, don't listen to anyone.
When we have the ability to analyze the market well, it will be better for us to stick to the analysis we made ourselves, of course we have our own reasons for the decisions we have made and also the people who advise us have their reasons and it is also better for us to stick to our own stance. because it will be more satisfying when we get a profit from the investment we make. Everyone has their own point of view in looking at how to invest in Bitcoin. If we can get a profit from the investment we make, of course we will say it is very good to invest in Bitcoin and for those who experience a lot of losses with this investment, of course they will say bad things about doing so. investment using Bitcoin because they don't understand it well. Even more important than the satisfaction that we may get from obtaining profits on our own is the learning process that it will take place, since it is obvious that the more you do something and the more you ponder about why sometimes you obtain positive results and why in other instances you obtain negative results this will generate in you a process which will allow you to refine your trading strategy, which in return will allow you to get more profits and a deeper understanding of the markets.
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ChiBitCTy
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November 03, 2023, 09:59:08 PM |
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It's important to keep in mind that bitcoin is NOT inherently an investment, and is as you do describe in your post, a decentralized form of currency. Yes, bitcoin as most certainly become an investment just like all money has, but it's primary reason is not one that relies on it being an "investment'. In facet I think that hurts bitcoins bottom line quite a bit. I wish it was viewed in other ways more often.
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