Bitcoin to the common man.

[tottong]

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 .

The question is why do people give up and what is behind them to make the decision to give up? Bitcoin will not cause losses to anyone as long as they hold it and don't panic because even though the price is hit, there is a time for recovery.
If people invest correctly then it is very unlikely that they will experience losses, one thing that makes people have to give up is because they don't know how the bitcoin process works and I think that's the individual's fault.

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

The key is patience and not panicking, otherwise it won't cause anyone to experience losses. The journey of bitcoin has shown how powerful it is in the journey so that people can be more confident in getting involved in investment.

[uneng]

Average men or common men who have adopted Bitcoin in previous cycles are already doing pretty well with their finances, since their small and medium investments have grown considerably since then. The opportunity was there for everyone to grab, although many just ignored the opportunity and remained struggling in life, like most people in your local socities. People complain a lot about lack of opportunities and chances to improve their lives. However, once these opportunities appear, they just neglect them, as they weren't important or worthful to be embraced. Therefore, it's their own fault after all.

Someone who invested small sums of money 6 or 8 years ago could be already cashing out nice profit at the current moment, in order to acquire their self-owned house, car or any other kind of acquisitions so they could enjoy their belongings or generate further passive income on long run. This could be a life changer for the common man, but it just didn't happen for most people... And it seems it will always be like this in this world, because people only embrace something when there is a dominant tendency on the society telling them to do so. Most people can't take authentic decisions by themselves.

And that is where many of them fail improving themselves as individuals.

[Awaklara]

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

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.

[red4slash]

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 .

The question is why do people give up and what is behind them to make the decision to give up? Bitcoin will not cause losses to anyone as long as they hold it and don't panic because even though the price is hit, there is a time for recovery.
If people invest correctly then it is very unlikely that they will experience losses, one thing that makes people have to give up is because they don't know how the bitcoin process works and I think that's the individual's fault.

There are several reasons for this, such as when they are in bitcoin only because they are fomo and follow other people which makes them not know what they are doing in bitcoin because they only follow what other people do without doing any learning in it so that they become confused to do anything in bitcoin because they don't even know the basics of what bitcoin is.

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.

[Assface16678]

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

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.

I think its the opposite. I think you are referring to old men or those in their 50's or 60's. Well, it's understandable because they are hesitating in something that is too complex and can't have a guarantee to earn, and they also have no time to learn bitcoin anymore. What I'm saying is that in this era or younger ages, I thinkhave no time to learn bitcoin anymore. What I'm saying is that in this era or younger ages, I thinkhave no time to learn bitcoin anymore. What I'm saying is that in this era or younger ages, I think they are more engaged in crypto currency stuff because we are now in a digital age or internet era, so men are most likely the ones that are also spending a lot of time on the internet, so it's given to them to discover crypto currency and to get involved in it. Well, maybe women are also getting more involved in crypto currency. Like I said, people are now spending more time on the internet and social media, so it's common if they stumble upon anything related to bitcoin.

[Ale88]

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.

Too many people are enslaved in their daily routine, too busy trying to save a little money instead of spending their time trying to understand how they could get out of the rat race. I see it also when I talk with my friends, almost none of them is interested in finance or investments, but at the same time they keep complaining about the little salaries they have and how they can't afford things. At the end it's all about choices.

[Ndabagi01]

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.

The common man first exposure to bitcoin is to be considered as a means of investment and not as a currency that is available for exchange between two parties just like what the fiat currency does. If a common man knows beyond what he is told about bitcoin, he would rather not be disappointed by his investment in bitcoin if it doesn’t turn out to be what they expected. When bitcoin is seen as an investment assets only without understanding the basis of its investments will only make more people to lose faith in the currency and won’t trust it again. Bitcoin should be viewed as both and be treated as both, in that manner we won’t have more people coming out to say negative things about bitcoin.

[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.

[AnonBitCoiner]

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.

Those who think bitcoin as a valuable currency and valuable investment source will believe in its success and after making their trust firm they will start to invest in it otherwise if someone are in doubt about its success cannot get what he wants.

[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?

[arwin100]

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.

Well they are been introduce to that and people always saying that if they buy bitcoin they can earn profit so its really hard to change those mindset coming from new people since this is what they see for bitcoin but maybe we should let them think about that since later one once they gain a lot of experience dealing with their bitcoins then provably they could realize that bitcoin is not all about investment. But rather this is currency which is same with fiat where they can use it to transact to anyone they like around the world.

So if we know someone think about this then I guess its more better to have healthy discussion and give your opinion. Don't criticize people regarding on what they believe on it since for sure they will not accept if we sound rude regarding on what we want to point out to them.

[synchronym]

"common man", a common term for the average citizen.
"An average citizen", one who strives daily
To meet up in securing the basic necessities of life. Approached by Bitcoin , the common man sees hope!
Hope of a bright future.
Hope of achieving a longtime dream of primordial success.
Hope of all sorts and to all kinds of men
Bitcoin was like the bright light at the end ot the tunnel.
And it still is!

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.

Certainly Bitcoin is like a bright light in people's lives. Because Bitcoin is risky, Bitcoin investment should be done with the risk in mind. In case of Bitcoin investment, you must acquire enough knowledge about Bitcoin and check the market and if you invest in Bitcoin with a long term plan, you will definitely be successful and your life will be illuminated for Bitcoin with success. Patience is very important in Bitcoin investment, many times it is seen that many big traders also lose patience, so if you can patiently invest with long-term plan and check the market, surely your life will be bright with Bitcoin investment.

[Ayers]

Patience can only be exercised if the person who is holding has other means to finance his daily expenses. But for a regular person relying from what he has to survive, I don't think he will be patient enough to hold especially if he sees his assets are getting a lil bit of profit. He won't wait longer to sell off his coins.

Bitcoin is a long-term investment and we can only make a profit if we can afford to hold it for the long term. And if you can't afford to keep it long term or you don't have another source of income, and you only rely on bitcoin to help you survive. Ideally, you should not invest in bitcoin.

Bitcoin is not a get-rich-quick tool, nor is it an investment that gives you daily passive income. It is a highly profitable investment and the higher the profit, the higher the risk, let's not be so naive that we can get rich quickly through bitcoin investment.

Very few of those that learn about bitcoin for the first time, consider the idea of investing on bitcoin for the long term, they have heard the stories of people like themselves making a fortune in a short amount of time, and they want the same to happen to them, and even if those stories are true to some extent, what they fail to consider is that for this to happen everything needed to happen on the perfect time for those people, while the average investor has to make do with DCA and other similar low risk strategies.

To put it bluntly, bitcoin can also be considered a get rich faster investment than other investments because if someone is patient enough to hold it for a few years (at least 4 years) then they can earn significant profit. Meanwhile, investments like gold or real estate take more time. But thinking that it can help us get rich overnight or in just a few months is completely wrong and many people have this thought in mind. 

In addition, this is also the reason why I do not like spreading get-rich-quick stories by investing in bitcoin. These stories never motivate people to invest seriously, instead they only have dreams and illusions of getting rich quickly and then pay a heavy price.

[Rockstarguy]

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

It is impossible for a hungry man to have patience to invest in bitcoin. The common man strive each day just to put food on his table. All what the common man thinks everyday is how to fight hunger. A common man does not think of how he can build a house or buy a car, but the mindset of the common man is how he will be able to eat. The main challenge of the common is hunger, and if he thinks of an investment like bitcoin and willing to invest he will not be able to invest because it is not easy for him to raise money to survive everyday.

It is easy to invest in bitcoin when one has a steady source of income but when their is no steady flow income it is impossible to invest in bitcoin then you starve yourself from eating.  

It is always advisable for people to have a steady source of income to depend on before investing in Bitcoin. When there is no steady source of income and you choose to invest in bitcoin will always tamper with bitcoin you have as investment.

[tottong]

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.

[Hypnosis00]

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.

Too many people are enslaved in their daily routine, too busy trying to save a little money instead of spending their time trying to understand how they could get out of the rat race. I see it also when I talk with my friends, almost none of them is interested in finance or investments, but at the same time they keep complaining about the little salaries they have and how they can't afford things. At the end it's all about choices.

The problem with most of us is we don't have contentment in life, we keep complaining as we want more and never stop doing this. I guess, even if we all become rich, they still complain about our lives because it is hard to please someone who never finds contentment in life. They keep raising complaints but never find a way to help themselves. In fact, so many people hear about Bitcoin but only a few have the guts to try and risk some amounts while the majority are in a state of doubt and uncertainty which in the end, they also regret.

[Patrol69]

Those who are involved in bitcoins must have planned at least once that they will invest in bitcoins and at some point they will earn substantial profits by investing in bitcoins. Earning profit from investment is not only expected by those who have a lot of money but also by all professional people especially those who know about Bitcoin. It is not as easy to expect as it is to actually act on expectations. Only invested and earned profit so easily but can't investor so easily but not earned profit. To earn profit by investing we have to wait for a long time and wait for a long time then when the market goes well after the investment we can see some profit. But if he doesn't have enough money to invest, still it is better for an investor to dream about investing in bitcoin because he may not have money now but in the future he will definitely have money and at that time the investor can invest in bitcoin if he wants.

[BTTUSERNAME]

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.

I think the problem with people who choose to go into bitcoin investment is that they lack the knowledge about Bitcoin and they end up diving in with the misconception that bitcoin is a get rich quick scheme. They believe once they go into bitcoin, they'll suddenly become rich after investing some amount of cash. You can invest thousands of millions of dollars in bitcoin but still fail and lose all or almost everything if you don't have the required knowledge and if you don't know the right approach and technique to use while investing in Bitcoin.

There are lots of approaches to employ when thinking about Bitcoin investment, so it's left for you to conduct and extensive research and come up with the approach best suitable and productive for you rather than just diving into Bitcoin without full preparation. This is often what causes people to lose money in Bitcoin investment.

[Gormicsta]

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.

I think the problem with people who choose to go into bitcoin investment is that they lack the knowledge about Bitcoin and they end up diving in with the misconception that bitcoin is a get rich quick scheme. They believe once they go into bitcoin, they'll suddenly become rich after investing some amount of cash. You can invest thousands of millions of dollars in bitcoin but still fail and lose all or almost everything if you don't have the required knowledge and if you don't know the right approach and technique to use while investing in Bitcoin.

There are lots of approaches to employ when thinking about Bitcoin investment, so it's left for you to conduct and extensive research and come up with the approach best suitable and productive for you rather than just diving into Bitcoin without full preparation. This is often what causes people to lose money in Bitcoin investment.

You've said it all. This is why it's advised for people to first acquire basic knowledge of Bitcoin before even making any move. Manny people go into bitcoin simply because they hear from people that bitcoin give a lot of profits. Yes it's true that bitcoin can give a lot of profits, but only when you use the right approach.
DCA is a very effective approach, especially for bitcoin newbies, that way you won't feel the impact of investing because you'll only be investing a set amount of money, weekly, monthly or even daily, depending on your income.

[Antotena]

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.

There is nothing like been a patience person with Bitcoin, I still respect people that hold Bitcoin 10 years back and has not sold any of their back up till now, it shows a sign of dedication, commitment, discipline and long-term growth, if it was me that hold Bitcoin since all this time. I would have probably sold too and if I have the opportunity again, I will buy back when things are red in the market.

I was watching one interview about how a guy said he regret one thing he has done when he first did his first show in 2014 and the interviewer asked him what is that and he said back in 2014, he was paid 15BTC for his show but he decline and said he prefer to be paid in euro, he was angry that had it been knew back back then, he would have accepted and hold it and the interviewer told him that he might have even sold them considering that we have had many bull run and he replied that he is a patient type of person, he didn't just know about Bitcoin then. He would have had a fortune today atleast in my local currency.