"Everyone" is all wrong about Bitcoin...

[Dailyscript]

You made a mistake by saying everyone is wrong about BTC. Obviously, you had just bought bitcoin, and you can't tell investors and traders who have been into bitcoin for a decade now that their perception of the bitcoin market is all wrong. Maybe next you should stop generalizing things, even if they are on social media.

Now let me also clear the air. Buying Bitcoin at the top or at the bottom doesn't change anything. If you buy at the top, it is good because you are a long-term holder and you don't care what the price would be; you buy and buy. And if you buy at the bottom, it's still good, because you bought below the ATH, which will give you more profits from your investment.

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[slaman29]

You're only right about Bitcoin the moment you use it. If you've used it to pay, or get paid, you're already right

For speculators, you're right when you make profits, I guess. No point seeing 1 million in your account today if you don't sell. Tomorrow it can go to zero.

That also includes people like me, I guess, I am a DCA holder, so if I never used it and only DCA, it looks like I'm right about it, but I never sold, I never realized profit, so I'm not yet right

[yudi09]

-snip-

I find it quite funny when I see someone who wants to correct other people, but on the other hand, his perception of that is also wrong. I'm sure that he is one of the many people who think that Bitcoin is a trading asset, which can provide profits to investors. -snip-

Slowly a person's habits will change over time as long as they are willing to continue learning to know things completely.
I think it's a learning process, that's why I don't like to blame someone for their initial thoughts who only see Bitcoin as just the price or see Bitcoin only as rising and falling prices because what we know is that Bitcoin is more than just a price. Rising or falling prices are normal conditions that occur in the market depending on how big the demand and supply are.

[Bushdark]

You're only right about Bitcoin the moment you use it. If you've used it to pay, or get paid, you're already right

For speculators, you're right when you make profits, I guess. No point seeing 1 million in your account today if you don't sell. Tomorrow it can go to zero.

That also includes people like me, I guess, I am a DCA holder, so if I never used it and only DCA, it looks like I'm right about it, but I never sold, I never realized profit, so I'm not yet right

Many people has been seeing Bitcoin as an investment plan and we need to be wise and know what we are doing so that we can always make money from it. We don't have to be too relaxed because Bitcoin is going to do well in the market with time but the major reasons why Bitcoin was created is to help people run transactions without the need for the government to come in between our trades.
We don't have to always go to the bank before we get funds and carry out transactions.

[Zigabel]

Almost everyone is wrong, and only because; Bitcoin is not at all about all the deep dips but the stabile growth with the high peaks. That's it and that's all of what most of them just don't get.

It would have been more acceptable if you had said this with respect to the summation of Bitcoin dynamics but then I really can't place hand around the exact point you are trying to make emphasis on but nevertheless I will throw in my contribution with respect to what I think is very much applicable and it's in the fact that, Bitcoin has got an overall up ward movement which has been characterized by occasionally corrections which is seen as dips and lows but in the long run Bitcoin further proceeds to make the continuous upwards movement and that has been the dynamics of Bitcoin and this understanding is usually very useful to especially Long term investors as short term investors maybe just trying to get the much they can get from Avery slightest move of the market.

This where I will support your point that Bitcoin isn't Al about the dips and the bear but has also got even more to do, it has some economic and transactional usefulness which can be seen in varying ways as been used on various platforms, it also have a very good potential for store of value and all this adds up to establish the potential in bit coin.

[Cryptomultiplier]

I would understand if perhaps the OP who created this post isn't an English speaking person or perhaps he is but just don't know how to express him/herself or at worse is just posting ignorantly without proof reading to see if there's sense in what is written.

People get into the Bitcoin business to make profit or do transactions with it. Besides this, those who use the DCA to HoDL/save using Bitcoin do so still because it has a good store of value overtime with profit for certain but not as hyped, but it depends on the right price at the time or market season which is usually supposed to be bullish to sell and either take profit, reinvest or diversify the HODLing.
What's more important is that BTC is a currency, can be used as a hedge fund, offers anonymity for some transactions with cheaper charges and fees as compared to what the regular banks would offer to do international trade or transactions.

[Lakai01]

That also includes people like me, I guess, I am a DCA holder, so if I never used it and only DCA, it looks like I'm right about it, but I never sold, I never realized profit, so I'm not yet right

I also do a lot of DCA myself, so I can only agree with you here. However, it has to be said that as long as you don't realize the (DCA) profits, they are not profits. You can see this very clearly from the YouTube crypto influencers who stated their portfolio value at the end of 2021, but months later you didn't hear anything more from these people because they failed to secure crypto profits before the bear market arrived.

[Peanutswar]

Almost everyone is wrong, and only because; Bitcoin is not at all about all the deep dips but the stabile growth with the high peaks. That's it and that's all of what most of them just don't get.

Not all the time does the market pump and people get profitable still some corrections need to be executed because if the market gets pumped continuously for sure once it reaches the peak of its price there's a crash market will happen and its unhealthy, and we know how bitcoin dominates the market for sure most of the pairs will crash too. Bitcoin already created a history you don't need to get bothered too much with the market price its part of it becomes volatile. If you don't trust the Bitcoin potential possible you will left behind after its sky rocket.

[el kaka22]

Quite interesting topic. I mean any market is about both of them, you take advantage of the deep dips and buy it, and then you profit when it goes to peaks as well, you need both of them to make some sense with what you have, otherwise it doesn't really make sense.

I understand that some people look at it differently, but it's just the way it is at the moment and there is really nothing you can do to change that. I know that it is going to take some time for people to realize what's going on, but the way it is going right now, we need to realize that we can make some money with the peak, we are at that period. All ups and downs have a place in the market and they both benefit us in their own way, one for selling and the other for buying more.

[Fara Chan]

Almost everyone is wrong, and only because; Bitcoin is not at all about all the deep dips but the stabile growth with the high peaks. That's it and that's all of what most of them just don't get.

If you, who are still a newbie, understand much more about this than they do, you should also tell them so that those who don't understand can understand better what you already understand. Currently Bitcoin is only experiencing a price correction in a small range and this could be a new foundation for Bitcoin to show a higher price jump than before. And from what I have seen of Bitcoin prices so far, stability is starting to appear and is in the market range of $65K to $66K.

[aylabadia05]

Almost everyone is wrong, and only because; Bitcoin is not at all about all the deep dips but the stabile growth with the high peaks. That's it and that's all of what most of them just don't get.

The most important thing is that while we know that almost everyone is wrong about Bitcoin, we must not be among those who are wrong too. If there are people around you who you can reprimand, then take warning steps by conveying what you think is right about Bitcoin so that that person doesn't become the wrong person about Bitcoin.
If you do that, your mama will have reduced the number of people who are wrong about Bitcoin.

Bitcoin is a digital currency that can be used as a means of payment if you wish. Bitcoin is also a good investment asset to maintain value in the long term.
Falling and rising prices are a cycle that usually happens all the time.

[stompix]

Bitcoin is not at all about all the deep dips but the stabile growth with the high peaks.

I've never seen peaks without valleys!
But you're also right a bit, Bitcoin is not all about price, it's way more than that, price should be a minor detail, but lately, it has become the only reason of interest!

The most important thing is that while we know that almost everyone is wrong about Bitcoin, we must not be among those who are wrong too.

If you're so sure about almost everyone being wrong about Bitcoin can you point out some people here on the forum that are "wrong" about Bitcoin?
Almost everyone means that just a select few hold the truth, I' 'm genuinely curious who is in the wrong and which 2-3 maybe 4 are the true truth holders!

Although I agree Bitcoin is better to be invested rather than trading, it's kinda off topic to discuss something that not suppose to be discussed.
In real life illustration, if you're a Muslim, you're shouting "Islam is the best religion" in church.

For a more powerful imagine and projection, do it the other way around!

[Nrcewker]

Almost everyone is wrong, and only because; Bitcoin is not at all about all the deep dips but the stabile growth with the high peaks. That's it and that's all of what most of them just don't get.

Don’t chase for price I must say. I feel people are very wrong here. They judge the capability of the coin through its price. You need to understand that Bitcoins are limited in numbers, hence the price will definitely go up in the longer run. As the time passes more people will know about the coin and will show interest in accumulating it. But due to the fixed supply of Bitcoins, the price will just go up. Hence forget about the dips and price, just buy and accumulate the coins whenever possible.

[Mr. Magkaisa]

            -   What do you mean by "Everyone is all wrong about Bitcoin?" What is this general? Is it about which mistake about Bitcoin? Sorry, Op, this title you are talking about is a bit vague. Please clarify if it's okay with you. For the knowledge of the majority here on this forum platform,.

My understanding is that there are still many people who misunderstand bitcoin; in fact, until now, they are still closed and blind to the truth that bitcoin can bring to people who hold it in their wallets.

[boty]

Almost everyone is wrong, and only because; Bitcoin is not at all about all the deep dips but the stabile growth with the high peaks. That's it and that's all of what most of them just don't get.

The most important thing is that while we know that almost everyone is wrong about Bitcoin, we must not be among those who are wrong too. If there are people around you who you can reprimand, then take warning steps by conveying what you think is right about Bitcoin so that that person doesn't become the wrong person about Bitcoin.
If you do that, your mama will have reduced the number of people who are wrong about Bitcoin.

Bitcoin is a digital currency that can be used as a means of payment if you wish. Bitcoin is also a good investment asset to maintain value in the long term.
Falling and rising prices are a cycle that usually happens all the time.

Someone's mistake in understanding Bitcoin is of course because they don't find the correct information about Bitcoin so they think what they know is very correct and it turns out they found the wrong information from the wrong source so they can't understand it correctly, but if they have the desire to know of course they will look for sources they can trust to understand Bitcoin correctly so that there are no misunderstandings about Bitcoin.

Yes, of course Bitcoin is an asset that we can use for payments if we understand each other about this asset and we can also use it as an investment for the future and this will be very useful in maintaining the value of the assets we own over a long period of time, but we We must remain calm when volatility occurs and not panic about the investments we make in Bitcoin.

[Sorryfor]

What do you mean by everyone is wrong?  I think you still don't know Bitcoin properly. Bitcoin is currently at the top of all cryptocurrencies And its future is very bright. The success that Bitcoin has sustained since 2009 to the present 2024 is truly unforgettable And those who are able to invest and trade here by properly knowing about Bitcoin and reviewing the market may have benefited a lot today. So I will tell you that you should not make bad comments about Bitcoin knowing little but you should gain proper knowledge about Bitcoin better. This will delete your comments.

[Bitcoinpoly]

Almost everyone is wrong, and only because; Bitcoin is not at all about all the deep dips but the stabile growth with the high peaks. That's it and that's all of what most of them just don't get.

You won’t say anyone is wrong, when it comes to BTC lately the best you can do is to DCA and follow up the market till the bull run comes if not you will either buy too high or miss out totally. There exchanges that helps you achieve this through their automated bot just like smart portfolio bot on Bitget exchange.

[taufik123]

Don’t chase for price I must say. I feel people are very wrong here. They judge the capability of the coin through its price. You need to understand that Bitcoins are limited in numbers, hence the price will definitely go up in the longer run. As the time passes more people will know about the coin and will show interest in accumulating it. But due to the fixed supply of Bitcoins, the price will just go up. Hence forget about the dips and price, just buy and accumulate the coins whenever possible.

But at least as an investor who does want to own more Bitcoin, buying when the price drops is better than buying because of FOMO.
Buy and collect a lot of Bitcoin when Bitcoin crashes, it's the right time.

It doesn't always have to look at how much Bitcoin costs, but seeing how we start logging in is important.
I did some DCA when the price crashed and people started dumping Bitcoin, because it was the easiest way,
and also used technical analysis to find out how far the price of bitcoin would go down.

[goldkingcoiner]

Almost everyone is wrong, and only because; Bitcoin is not at all about all the deep dips but the stabile growth with the high peaks. That's it and that's all of what most of them just don't get.

1 BTC = 1 BTC. That is all we need to know. Fiat will never even hope to outshine [insert any cryptocurrency name here]. It is a broken and outdated currency. I no longer care how much dollars a BTC is worth. I only know how many pizzas my Bitcoin can buy.

[aylabadia05]

The most important thing is that while we know that almost everyone is wrong about Bitcoin, we must not be among those who are wrong too.

If you're so sure about almost everyone being wrong about Bitcoin can you point out some people here on the forum that are "wrong" about Bitcoin?
Almost everyone means that just a select few hold the truth, I' 'm genuinely curious who is in the wrong and which 2-3 maybe 4 are the true truth holders!

I'm not really sure about that but I'm aware that it's wrong writing on my part because I mean if he really believes that almost everyone is wrong about Bitcoin, then he has to be willing to be right about Bitcoin with the way he thinks about Bitcoin.

So far, I am still a person who thinks that Bitcoin holders have made the right decision. The words "almost everyone is wrong about Bitcoin" I understand from the title of the topic to mean that no one is right. Even though there are still many people who are smart in understanding Bitcoin.
Based on this sentence, I want people who think like that to not involve themselves with thoughts whose truth cannot be justified.