Bitcoin to the common man.

[Nanga Parbat]

Patience is the key. Not just for crypto but it’s certain for all investments. However, while bitcoin can be highly valuable for a person who has great knowledge for bitcoin, but for a common man, bitcoin is just like any other investment, the risk to lose is high if you don’t suit on that kind of investment. But if you take time to learn bitcoin and understand its nature like one is supposed to be, you will discover that bitcoin is an extraordinary, highly valuable investment. One should only learn to to take the risk and trust bitcoin, which I think only brave people can do it, as they are determined to reap the best things with bitcoin.

Patience is needed for everyone and if a person possess patience then he will not regret in future but with the help of patience he can bear all situations that goes against him. I think without knowledge about bitcoin one cannot identify about it and will not invest in it so all bitcoin investors will keep their bitcoin safe because nothing is more sweeter than money.

Bitcoin is good for future investment. One can invest in Bitcoin for getting high high returns. Because Bitcoin is unique in all type of crypto tokens . Many becomes millionaires by investing in Bitcoin with their research. Research is very important before every investment,man should research on projects before investing in crypto .Because with knowledge ,risk becomes lesser and lesser. I am big fan of crypto because in my opinion, every person should take risk . Otherwise,one can't achieve success in life.

[Youngkhngdiddy]

More common men don't trust Bitcoin. that's because their focus is on working to make money for life and running out. they do the same thing every day and there will be no time to spare a little of their income for Bitcoin let alone the patience to see Bitcoin grow.
Maybe there will be some of them who regret when in the past they rejected or did not accept Bitcoin, and now they see how Bitcoin has a price and market growth that exceeds anyone's expectations.

  The common man, for me that means the drivers, maids, foreign construction workers in the GCC, shopkeepers, auto drivers etc... have the same exact access to Bitcoin as all the fancy investment bankers in NYC, London and Singapore as well as citizens in wealthy nations like Japan, USA, England, Australia etc. There is no barrier to entry and no one person or entity owns it. It is the most open asset class, store of value, currency or whatever else it could be in the future that exists on Earth now. Even though it’s a highly volatile asset, cryptocurrency can help investors build wealth, especially if they invest in digital coins over the long-term. It’s a portfolio play that’s gained traction in recent months and is catching up to stock trading as something that Americans are looking at for growing wealth.
  With security like this, blockchain technology is poised to impact nearly every segment of our lives.Bitcoin is one of the most well-known cryptocurrencies out there. Additionally, there are thousands of different cryptocurrencies available. Not all cryptocurrencies serve the same purpose. While some are for general use, others solve specific problems and/or serve specific industries. However I would suggest that all investors study how cryptocurrencies work, what the underlying technologies are, and how those technologies can be applied. Cryptocurrencies are one visible, but possibly not very relevant, aspect, of potentially transformative technology… investing your time and intelligence in understanding blockchain, and distributed ledger technologies generally, is likely to be an extremely fruitful long-term investment. 

[Onyeeze]

Bitcoin can be the light as well as Bitcoin can become the darkest wildest nightmare. For an average Joe Bitcoin will definitely look like must have but they should be prepared about everything before buying their Bitcoin and only people who did that can withstand the bear season as well as the scammers and hackers who always waiting for the opportunity to steal money.

if you don't understand the purpose of Bitcoin I don't think that you will say anything reasonable or tangible concerning Bitcoin some of us who don't know the important of Bitcoin do condemn the progress of Bitcoin because they don't know the value and they also the impact in the society but when you have understanding the system of Bitcoin there's nothing will make you not to follow up the system so that is why people who doesn't come closer to the system of Bitcoin have another intention and the another definition of Bitcoin they might not see bitcoin the way you see it as something that will help the Society in future

[red4slash]

With things like this, it indirectly makes their mentality also cannot be controlled properly because they do not have that much confidence in bitcoin because of the wrong initial assumption that bitcoin is a place of instant profit without knowing the risks it has which makes when bitcoin experiences problems and crashes it makes them hesitate and get out before the loss gets bigger.
Things like this often happen even not a few people who actually consider bitcoin a hoax and scam because of things like this even though it's not bitcoin's fault but they themselves whose expectations are too high and misinterpretation of bitcoin since they started.

That is why there is a much more important reason that when investing people need to understand how to control FOMO because if they cannot deal with this problem properly then they will make the wrong decisions.
Basically there is no investment that can produce fast and large profits because capital and time are needed to produce maximum profits. Bitcoin does have the opportunity to reach maximum profit if it is run correctly, but it requires the ability to control oneself. If investments are made based on FOMO and are influenced by how people make profits, then all decisions taken could result in losses.

Actually, don't be too strange when you see something like this because in my opinion it is a commonplace action when we are in a bitcoin condition that is indeed profitable because surely by seeing benefits like that, the fomo will come without knowing the risks they will get the most important thing they will be in bitcoin first but sometimes things like this are not entirely bad because with the conditions that are happening now, it is certain that we will definitely see some conditions and changes for everyone where even though they are initially on a fomo basis but there are two types where there are those who do not want to learn it because it is considered troublesome Because with the conditions that are happening now, it is certain that we will definitely see some conditions and changes for everyone where even though at first they were on the basis of fomo but there are two types where there are those who do not want to learn it because it is considered troublesome and only want the benefits and there are other types where they study seriously even though it started from fomo.
So by looking at situations like this we actually don't need to be strange and don't need to ask the reasons for other people who come out in a loss when in bitcoin because it happens because they are not too sure from the start and only enter because of fomo because they see bitcoin is quite tempting in profit but are not aware of the risk conditions that are actually in front of the eyes.

[oktana]

The common man fail to become successful with bitcoin investment because they continue listen to the media, believing influencers or top figures who knows nothing about bitcoin investment.

There is the problem right there.

Stop treating bitcoin as just an "investment", it is a peer to peer digital currency implementation that you're supposed to buy and sell with. We literally would not get to this point if people weren't willing to pay what is now sizable amounts of bitcoin for everyday items.

Same thing I have been saying. But it seems we can’t help it because everyone is blinded by the value instead of seeing the primary purpose. The banks and government are all happy it’s perceived this way too. I really do believe that the huge price value is just a coincidence and Satoshi never knew it’ll be so.

And I want to ask you, are you using bitcoin as currency or are you also accumulating bitcoin to find wealth in the coming years? Also, if we all consider and use bitcoin as a currency to replace fiat, do you think it will be easy for the government to legalize and give us the freedom to use bitcoin? And yet, if bitcoin were not volatile and not profitable, there would not be thousands of stories of becoming millionaires thanks to investing in bitcoin. Do you think people will need bitcoin and will it be as popular as it is today?

I don’t think the plan is to replace fiat, I won’t believe this is what Satoshi envisioned. Bitcoin is an option and those who see the importance would make use of it. Satoshi neither created Bitcoin to elevate people from poverty. He didn’t speak of how it’ll make people rich nor make them millionaires. Bitcoin may not have been as popular as it is if it weren’t for the volatility, but that doesn’t mean that the reason why it wasn’t created shouldn’t be given attention to. If you find an avenue to make use of Bitcoin as a currency, do it. You don’t need hype or trend to do it.

[Mame89]

But with all the challenges faced by the average man, many have given up hope in this light(Bitcoin) .
Patience is one key factor to acquiring success through Bitcoin .

If only the common man would have to be patient, then a guarantee of life long success can be attainable.

Actually, the way to make a profit by investing in Bitcoin is very simple, all traders, especially beginners, only need one characteristic of patience to be successful and make a profit in the crypto market. However, this is indeed difficult to put into practice, but if there is the will and belief, patience can definitely be achieved.

Because for me investing is like moving money from people who are impatient to people who have patience. So if people are impatient they will sell when they get a little profit or will panic when the price starts to fall, and you have to be careful, otherwise this can move to people who are patient (patient means those who buy and hold bitcoin for the long term). Patience is a high level science, we have to learn every day so that patience in investing can be trained.

Many ordinary people who invest in bitcoin don't have the patience, they immediately sell bitcoin when they get a little profit. In fact, successful bitcoin investment requires a long process and time. Apart from needing patience, we also need discipline to continue to pay attention to developments in the market situation, read the global economy and of course it is important to study the history of bitcoin to increase our confidence to continue to maintain it in the long term.

[danadc]

If we talk about the common man who does not know about bitcoin, he will realize it when it is too late, and he will begin to investigate everything he can so that he can convince himself of the benefits that bitcoin brings, I don't blame him, there are people who are so immersed in their life, in their jobs, in a system so contaminated by slave labor that they can no longer do much, when they discover bitcoin and that this is possible, things will turn out very well but they will feel regretful that they never discovered this , and they will beat their chests, this is for those who investigate, for the rest they will not even determine it, they will just stay there and acquire only the bitcoin to make their payments, and all their transactions, this is what can be seen, this is what What does it mean for me to be the common man, who is always absorbed by the system.

[Marvell1]

The common man fail to become successful with bitcoin investment because they continue listen to the media, believing influencers or top figures who knows nothing about bitcoin investment.

There is the problem right there.

Stop treating bitcoin as just an "investment", it is a peer to peer digital currency implementation that you're supposed to buy and sell with. We literally would not get to this point if people weren't willing to pay what is now sizable amounts of bitcoin for everyday items.

Same thing I have been saying. But it seems we can’t help it because everyone is blinded by the value instead of seeing the primary purpose. The banks and government are all happy it’s perceived this way too. I really do believe that the huge price value is just a coincidence and Satoshi never knew it’ll be so.

And I want to ask you, are you using bitcoin as currency or are you also accumulating bitcoin to find wealth in the coming years? Also, if we all consider and use bitcoin as a currency to replace fiat, do you think it will be easy for the government to legalize and give us the freedom to use bitcoin? And yet, if bitcoin were not volatile and not profitable, there would not be thousands of stories of becoming millionaires thanks to investing in bitcoin. Do you think people will need bitcoin and will it be as popular as it is today?

I don’t think the plan is to replace fiat, I won’t believe this is what Satoshi envisioned. Bitcoin is an option and those who see the importance would make use of it. Satoshi neither created Bitcoin to elevate people from poverty. He didn’t speak of how it’ll make people rich nor make them millionaires. Bitcoin may not have been as popular as it is if it weren’t for the volatility, but that doesn’t mean that the reason why it wasn’t created shouldn’t be given attention to. If you find an avenue to make use of Bitcoin as a currency, do it. You don’t need hype or trend to do it.

I know that Satoshi created bitcoin to create a peer-to-peer currency, not an asset for speculation, but I don't like being conservative and opinionated. But look at what has happened in the past 14 years, bitcoin has always been considered and used as an investment. So why do we still stubbornly consider it a currency when the whole world considers it an asset to invest? I am not a backward person and will always adapt to things so I will be realistic with what bitcoin is becoming.

I still repeat the same old question: are you using bitcoin as currency or are you still holding it with the expectation of getting rich in the upcoming bull run? If you are holding and expecting wealth from bitcoin then you are lying when you say you want it to become currency.

[Belarge]

I don’t think the plan is to replace fiat, I won’t believe this is what Satoshi envisioned. Bitcoin is an option and those who see the importance would make use of it. Satoshi neither created Bitcoin to elevate people from poverty. He didn’t speak of how it’ll make people rich nor make them millionaires. Bitcoin may not have been as popular as it is if it weren’t for the volatility, but that doesn’t mean that the reason why it wasn’t created shouldn’t be given attention to. If you find an avenue to make use of Bitcoin as a currency, do it. You don’t need hype or trend to do it.

To the common man, Bitcoin is huge and have been the ultimate project in the market. Bitcoin will substitute many crypto projects because it have the capacity of staying up for lengthy period and have also survived the bull and bear season. Bitcoin existence in the market have made so many things to become complicated and I've closely watch how these projects have fallen out. Bitcoin will always come first and there's no inspection than watching the project coming to be exploring and independent.

[Agbe]

The same common man called bitcoin a scam project because he didn't understand anything about bitcoin and probably if the Country government ban bitcoin then the so call common man would used that one as the accusing point so that he would not invest in bitcoin and he is also thinking investing in bitcoin is like a waste of time and the funds are not secure. For him bitcoin is an internet money which has no value because for them anything the government is not approved is not accepted or is a fraud. So when we come to bitcoin, everyone has their own view for it. Some people like to invest but are afraid to do because they are afraid that their money will lost into the internet.

[mirakal]

Bitcoin can be the light as well as Bitcoin can become the darkest wildest nightmare. For an average Joe Bitcoin will definitely look like must have but they should be prepared about everything before buying their Bitcoin and only people who did that can withstand the bear season as well as the scammers and hackers who always waiting for the opportunity to steal money.

if you don't understand the purpose of Bitcoin I don't think that you will say anything reasonable or tangible concerning Bitcoin some of us who don't know the important of Bitcoin do condemn the progress of Bitcoin because they don't know the value and they also the impact in the society but when you have understanding the system of Bitcoin there's nothing will make you not to follow up the system so that is why people who doesn't come closer to the system of Bitcoin have another intention and the another definition of Bitcoin they might not see bitcoin the way you see it as something that will help the Society in future

Definitely. Any common man will never risk and sees bitcoin as a highly profitable asset or investment unless if he is a bitcoin enthusiast who never stops updating himself about bitcoin and its irresistible value. And just like majority, bitcoin will only act as a digital currency that until now it's hard to regain its own global adoption because majority of the countries are still not open about bitcoin.

However, if you are highly knowledgeable and skilled about having bitcoin to be trade or invest, then you will come to defend bitcoin from those who think it's not worth our time and money and eventually educate them the real value and purpose of bitcoin.

[Alone055]

The same common man called bitcoin a scam project because he didn't understand anything about bitcoin and probably if the Country government ban bitcoin then the so call common man would used that one as the accusing point so that he would not invest in bitcoin and he is also thinking investing in bitcoin is like a waste of time and the funds are not secure. For him bitcoin is an internet money which has no value because for them anything the government is not approved is not accepted or is a fraud. So when we come to bitcoin, everyone has their own view for it. Some people like to invest but are afraid to do because they are afraid that their money will lost into the internet.

That's due to a lack of knowledge among the common people of the world, and it isn't the case with everyone even though you can find such people within the crowd. Some people are so obsessed with traditional financial systems and centralized authorities that they would never think of anything else being used as an alternative solution to them. So if you tell them that they can use Bitcoin to store their money privately without anyone knowing about where they are and how much you have, they wouldn't believe you and would think, as you said, that their money will get lost, lol.

Anyhow, some of such people do understand if you try to explain the whole process to them one by one. You tell them how Bitcoin came into existence, how it wasn't accepted by anyone in the initial days, and how much it struggled to move forward going through all those hurdles on the way, but one would ask themselves, why do we need to do that by the way? It's not like we are going to get some referral commission if we refer someone to Bitcoin.

So, people who don't believe in Bitcoin or think it's a scam or anything are missing out on it, and it's their bad and not ours.

[Y3shot]

I don’t think the plan is to replace fiat, I won’t believe this is what Satoshi envisioned. Bitcoin is an option and those who see the importance would make use of it. Satoshi neither created Bitcoin to elevate people from poverty. He didn’t speak of how it’ll make people rich nor make them millionaires. Bitcoin may not have been as popular as it is if it weren’t for the volatility, but that doesn’t mean that the reason why it wasn’t created shouldn’t be given attention to. If you find an avenue to make use of Bitcoin as a currency, do it. You don’t need hype or trend to do it.

The reason for bitcoin is not to replace fiat, fiat will still be recognised as a currency. The reason why bitcoin was created is to help people financially and the idea was never to replace fiat. Looking at the volatility of bitcoin,  how people benefit from it can make you to understand why  bitcoin was created because the banking system is not helping at all instead it is killing the value of peoples money when money is stored in the bank, but bitcoin is here to add value to people's hard earned money.

The idea of Satoshi creating bitcoin was not to make people rich but to add financial value to the life of people. Bitcoin is what anybody from any financial class can invest unlike other investment that is only made for the rich.

[Marvell1]

I don’t think the plan is to replace fiat, I won’t believe this is what Satoshi envisioned. Bitcoin is an option and those who see the importance would make use of it. Satoshi neither created Bitcoin to elevate people from poverty. He didn’t speak of how it’ll make people rich nor make them millionaires. Bitcoin may not have been as popular as it is if it weren’t for the volatility, but that doesn’t mean that the reason why it wasn’t created shouldn’t be given attention to. If you find an avenue to make use of Bitcoin as a currency, do it. You don’t need hype or trend to do it.

The reason for bitcoin is not to replace fiat, fiat will still be recognised as a currency. The reason why bitcoin was created is to help people financially and the idea was never to replace fiat. Looking at the volatility of bitcoin,  how people benefit from it can make you to understand why  bitcoin was created because the banking system is not helping at all instead it is killing the value of peoples money when money is stored in the bank, but bitcoin is here to add value to people's hard earned money.

The idea of Satoshi creating bitcoin was not to make people rich but to add financial value to the life of people. Bitcoin is what anybody from any financial class can invest unlike other investment that is only made for the rich.

What you said is not completely wrong, but that does not mean that everyone who invests in bitcoin will increase the value of their assets, there are also people who invest in bitcoin and lose money. Bitcoin is just an investment like any other, and whether you lose or win depends on your knowledge and skills. Bitcoin just gives us an opportunity and it is up to us whether we take advantage of it or not. Don't exaggerate that bitcoin was born to increase value for everyone when there are still many people who lose money when investing in the wrong way.

Bitcoin is still an asset that anyone can own, but I believe that with its current growth rate, sooner or later it will become an asset for those with money. The poor will soon be unable to access it as prices and transaction fees continue to rise.

[AnonBitCoiner]

The same common man called bitcoin a scam project because he didn't understand anything about bitcoin and probably if the Country government ban bitcoin then the so call common man would used that one as the accusing point so that he would not invest in bitcoin and he is also thinking investing in bitcoin is like a waste of time and the funds are not secure. For him bitcoin is an internet money which has no value because for them anything the government is not approved is not accepted or is a fraud. So when we come to bitcoin, everyone has their own view for it. Some people like to invest but are afraid to do because they are afraid that their money will lost into the internet.

Bitcoin has proved to be a profitable coin and for common man there is nothing more money making than a bitcoin but just money is not necessary for investment but knowledge and strategies are also very much important to make your investment better with better coins investment.

The main thing about bitcoin investment is that it is not losing its whole value due to bear season and if its success was not guaranteed then we will not examining it as a profitable coin from years or even from the date of its origination.

[Blitzboy]

I don’t think the plan is to replace fiat, I won’t believe this is what Satoshi envisioned. Bitcoin is an option and those who see the importance would make use of it. Satoshi neither created Bitcoin to elevate people from poverty. He didn’t speak of how it’ll make people rich nor make them millionaires. Bitcoin may not have been as popular as it is if it weren’t for the volatility, but that doesn’t mean that the reason why it wasn’t created shouldn’t be given attention to. If you find an avenue to make use of Bitcoin as a currency, do it. You don’t need hype or trend to do it.

The reason for bitcoin is not to replace fiat, fiat will still be recognised as a currency. The reason why bitcoin was created is to help people financially and the idea was never to replace fiat. Looking at the volatility of bitcoin,  how people benefit from it can make you to understand why  bitcoin was created because the banking system is not helping at all instead it is killing the value of peoples money when money is stored in the bank, but bitcoin is here to add value to people's hard earned money.

The idea of Satoshi creating bitcoin was not to make people rich but to add financial value to the life of people. Bitcoin is what anybody from any financial class can invest unlike other investment that is only made for the rich.

Not because Bitcoin is out to destroy the dollar, heck no. Its about YOU, the everyday person, taking charge of your money. Excited about Bitcoin? You have every right to be. This system, Satoshi knew what he was doing, it puts power back in your hands, not some fancy bank's. Its your money, you should see it grow.

Banks? They're not your friends. Your money sits there doing nothing while inflation eats it up. Bitcoin changes that. Its a smart move in a world where the system just isnt fair.

Dont think Bitcoin's some rich man's game. Anyone, and I mean anyone, can get in on this. Its about opportunity. Yeah, there are ups and downs, but think big: big risks can mean big wins. And when banks are against you, Bitcoin is your chance to fight back, to build something for yourself. Get smart, do the research, and join this revolution. Bitcoin isnt just money, its a chance to rewrite the rules.

[Yatsan]

In a realistic point of view, those who you call 'common man' are most of the time not interested with investments because for them it is not practical and they have to deal with more important things on a daily basis such as bills and other daily needs. Many people have the same idea about investment, which has something to do with risk of losing, and unfortunately, they are the ones of the category who cannot afford that tendency because for them that money which has a chance to be turned into a loss, could be more useful with the things a man needs to 'survive'.

Also not to mention, Bitcoin is not known by majority of people also the idea that not all people who's aware of its existence, are interested in the first place. Therefore, no matter how good we view Bitcoin is, as an investment, we cannot force the idea to those who are not into it. Wait for them to have the initiative to engage. Sharing to them the idea would help but again, there's no need to things on their end.

[dunfida]

In a realistic point of view, those who you call 'common man' are most of the time not interested with investments because for them it is not practical and they have to deal with more important things on a daily basis such as bills and other daily needs. Many people have the same idea about investment, which has something to do with risk of losing, and unfortunately, they are the ones of the category who cannot afford that tendency because for them that money which has a chance to be turned into a loss, could be more useful with the things a man needs to 'survive'.

Also not to mention, Bitcoin is not known by majority of people also the idea that not all people who's aware of its existence, are interested in the first place. Therefore, no matter how good we view Bitcoin is, as an investment, we cannot force the idea to those who are not into it. Wait for them to have the initiative to engage. Sharing to them the idea would help but again, there's no need to things on their end.

We are all that common man we do do all know, it is really just that our knowledge and intellect and awareness about surroundings is something that would really be differing to each other when it comes to
face up those possible challenges and opportunities that we might be able to encounter along the way. It is really just that depending on the actions made on which there are ones who are really that loving to take up some risks and there are ones who doesnt really have that kind of plans or goals that he/she do have in life and this what makes that kind of differentiation in regarding about the status or results into their lives
once that outcomes that been known or shown up.

Bitcoin investment? We are all called be common man but its true on what you had pictured or exampled out that its something to those people who are minding about on how
to survive on day to day basis on which they are the ones who are really that trying out to focus into that point and doesnt look around about those opportunities on which they could really be able to make their lives way more better.

[DaNNy001]

Bitcoin can be the light as well as Bitcoin can become the darkest wildest nightmare. For an average Joe Bitcoin will definitely look like must have but they should be prepared about everything before buying their Bitcoin and only people who did that can withstand the bear season as well as the scammers and hackers who always waiting for the opportunity to steal money.

if you don't understand the purpose of Bitcoin I don't think that you will say anything reasonable or tangible concerning Bitcoin some of us who don't know the important of Bitcoin do condemn the progress of Bitcoin because they don't know the value and they also the impact in the society but when you have understanding the system of Bitcoin there's nothing will make you not to follow up the system so that is why people who doesn't come closer to the system of Bitcoin have another intention and the another definition of Bitcoin they might not see bitcoin the way you see it as something that will help the Society in future

This is basically the way life itself on a general sense is, because no one would ever appreciate something that he or she has already condemn from a far without getting to know the full details of that thing and that's the same way many people and some government in general have looked at Bitcoin.  Bitcoin today has been of more help than the problem it has caused to the general society and if don't come close to it then it would be very hard to believe or have faith.

[Webetcoins]

Whether you are common man or influential people, patience always plays an important role in order to achieve success. Similarly investing in bitcoins is like testing your own patience. if a person masters, the art of patience then definitely he will be successful. While buying bitcoins you need to show some trust to the coin. You need to give at least four years of time for bitcoins to give you enough profits. If you can give this much time to bitcoin, then definitely you will make tons of profit from it.

The period in which a person might get profit isn't always fixed, but you are right that one should make their mind when they are investing in a cryptocurrency that it can take a very long time for their investment to become profitable and the money they are going to invest should be spare money which they shouldn't need anytime soon so that they can keep holding their assets when the market is down until it goes up and they get some profit.

Sometimes, one might see their investment garnering great profit even within a few months just like how Bitcoin went up from $27k to $73k in a matter of months which means those who invested in Bitcoin in September last year, must have earned a lot of profit on their investments by now.