Bitcoin to the common man.

[Churchillvv]

Yes, patience is really needed when investing in Bitcoin because without patience it will be difficult for us to achieve success and also the knowledge and money that is ready to be lost is worth using to invest in Bitcoin.

Definitely, patience is required to succeed in virtually every business area including bitcoin as an investment but a lot of people lack this patience resulting to lost of funds. This is one of the reasons what why we are encouraged to invest in bitcoin as a long term investment rather than short term because of it's volatile nature we can run losses at anytime because the market can not be predicted accurately hence it fluctuates.

It's not all about the money that is ready to be lost, it's about a spare amount of money that one can afford to loss which means if you have a thousand dollars and if hundred dollars can be lost without you bordering yourself too much then it's what you can do with our and that's the kind of money that is need for bitcoin investment.

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[PiGiEuHi]

Bitcoin just primarily helps with cross border payments. Every other thing, to a layman, is an add on

[RockBell]

Those who invest in bitcoin certainly have hope for the future because there are so many bitcoin enthusiasts and the limited supply of bitcoin is one of the things that makes people interested in investing in bitcoin.

However, of course investing in Bitcoin does not guarantee 100% success because the price fluctuates. In essence, investing in Bitcoin still contains risks. For me personally, investing in Bitcoin is of course a side business and only money that is ready to be lost is worth using to buy Bitcoin, so yes, by investing in Bitcoin, we have hope that those who don't invest in Bitcoin will never get a profit from Bitcoin.

Yes, patience is really needed when investing in Bitcoin because without patience it will be difficult for us to achieve success and also the knowledge and money that is ready to be lost is worth using to invest in Bitcoin.

this is a good topic op and encourager for those who invest in bitcoin and those who will invest in bitcoin.

There is a real chance of gaining money later on if you invest in bitcoin. Furthermore, the people who have done so in the past have never regretted their choices. Furthermore, the restricted supply of bitcoin makes it more intriguing, which sets it apart from fiat currency, which does not produce money and has an excessive amount of money in circulation in contrast to bitcoin's limited supply.

While there are still avenues you may pursue to get aid, even though bitcoin does not guarantee 100% success, it will take some time before you start realizing the exact results you desire from your investment. However, depending on your ability to profit from market opportunities and implement appropriate risk management strategies, the risk associated with bitcoin may also work to your advantage.

When it comes to bitcoin, having calmness and patience are incredibly helpful because things won't always go as planned. What you want is determined by the market.

[khiholangkang]

I mean what I think it all boils down to with the "common man" is that the "common man" the every day Joe, so to speak, tends to lack the drive to educate and teach themselves about how things in finance work.  They tend to look at bitcoin and say "that's not what money is, no thanks" but they don't study the underlying principles.  I wish the "common man" would, but I'm not sure if many are intelligent enough to pick up these important aspects of bitcoin, sadly.

What is clear is that bitcoin is not for ordinary people in my opinion, this will be difficult because in fact not only ordinary people can enter bitcoin, as the OP implies in the final sentence like doubting what he wrote in the paragraph above about his thoughts, for me bitcoin is only for those who want bitcoin, like bitcoin was not born for people like what and how in terms of human criteria, bitcoin was created for people who are fed up with banking fraud, I think the answer we need to go back to why bitcoin was created.

Its not for ordinary people knowing that market is volatile and for sure they can't handle it so well especially if they don't have enough knowledge on how to deal with. Also not all can do their research about it since maybe they don't have any interest or just afraid to get involve since there are lots of negative information spreading about it. But if they can able to do a research maybe this people would able to learn the positive side of bitcoin and provably we can see them trying to participate on anything that can benefits them.

But I don't also think that bitcoin is for people been fed up by banking frauds but rather this is for all people who want to adopt the changes in technology and want  take advantage of the benefits they can get for bitcoin since the potential for it so for is so high which those ordinary people can't understand.

Maybe it's the perception of the layman himself that makes it difficult for us to discuss in one direction here because it seems like it's different from the understanding of the layman himself for me and you so that it creates different perceptions here, but it's okay maybe that's the splendor of the discussion, but in other perceptions we have the same thought that bitcoin is for people who want to be with bitcoin, it's the nature of "desire" that makes this the same even though of course the goals and ways must be different in getting to know bitcoin, whether it's through friends, social media and others so that the layman wants to learn bitcoin and wants bitcoin to be present in his life to gain benefits.

[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.

two things are involved for investment of Bitcoin before you invest in Bitcoin you have to check if we are in bearish season all we are in bullish season because these two things are important for bitcoin regulation when you mistakenly purchase Bitcoin when the price is going high you may lose your capital because it might decrease in value but when you purchase bitcoin when the price is low you will be at advantages because there is every probability that the price of Bitcoin may increase in the market or not that is why many investors like to invest in Bitcoin when the price is low and start waiting for when the price will increase so that they will make profit for their investment

[boty]

two things are involved for investment of Bitcoin before you invest in Bitcoin you have to check if we are in bearish season all we are in bullish season because these two things are important for bitcoin regulation when you mistakenly purchase Bitcoin when the price is going high you may lose your capital because it might decrease in value but when you purchase bitcoin when the price is low you will be at advantages because there is every probability that the price of Bitcoin may increase in the market or not that is why many investors like to invest in Bitcoin when the price is low and start waiting for when the price will increase so that they will make profit for their investment

What you mentioned, I think, is more precisely like trading Bitcoin by buying when the price is low and taking profits when it rises later and indeed these two things are very understandable for those who want to invest long term or short term in Bitcoin and for those who investing for the long term of course they will collect their Bitcoins gradually and will hold them in the long term so they can take advantage of the investment they make, but for some people who invest in the short term of course they will carry out analysis when buying Bitcoin so that they can buy at a low price and will take advantage after experiencing a price increase later.

[odunybiz]

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.

two things are involved for investment of Bitcoin before you invest in Bitcoin you have to check if we are in bearish season all we are in bullish season because these two things are important for bitcoin regulation when you mistakenly purchase Bitcoin when the price is going high you may lose your capital because it might decrease in value but when you purchase bitcoin when the price is low you will be at advantages because there is every probability that the price of Bitcoin may increase in the market or not that is why many investors like to invest in Bitcoin when the price is low and start waiting for when the price will increase so that they will make profit for their investment

Either buying during bullish or bearish, all what matter most is the ability to be able to hold for long.. Bitcoin reach its highest ath recently after being bearish for years. Some will have sold out their token in lost out of fear and impatient. But anyone who hodl till now no matter what level he bought will have made profit from it. So hodling is the real secret to make it well in this space.

[jrrsparkles]

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.

two things are involved for investment of Bitcoin before you invest in Bitcoin you have to check if we are in bearish season all we are in bullish season because these two things are important for bitcoin regulation when you mistakenly purchase Bitcoin when the price is going high you may lose your capital because it might decrease in value but when you purchase bitcoin when the price is low you will be at advantages because there is every probability that the price of Bitcoin may increase in the market or not that is why many investors like to invest in Bitcoin when the price is low and start waiting for when the price will increase so that they will make profit for their investment

Whether the low or high is subjective and it rely on how long the user is holding the assets which determines the profits. Whenever we say investment it generally should be a long term investment so they no need to worry about the short term dumps or even the correct while they can maximize their profits if they manage to get into the peak of the bearish run and cashout at the peak of bull run.

[passwordnow]

You've said the word for most common man that needs to be applied and that is being "patient". Without this, one cannot achieve being great in Bitcoin because it's one of the most needed character as an investor or holder need to have. You need to be the most patient guy because as we all know, this is a roller coaster ride and today might be bumpy and tomorrow might be bumpier that you haven't expected to come. So, that's why you need to have this character as you invest and you'll learn this for every investment that you're going to get in. As for the people that have invested a lot on Bitcoin and even earlier, they're one of the most patient guys that have believed and trusted it. That's why you and me will certainly change our lives forever with it if you're truly believing to what Bitcoin can do to our lives because it's not just an asset that you'll have to hold but the value of it will increase more because of the adoption that's happening on it and with all of the fundamentals that we're seeing that surrounds it.

[iBaba]

It's not all about the money that is ready to be lost, it's about a spare amount of money that one can afford to loss which means if you have a thousand dollars and if hundred dollars can be lost without you bordering yourself too much then it's what you can do with our and that's the kind of money that is need for bitcoin investment.

It also stems down to other aspects that serve like as a tool to the successful financial life that we all are pursuing. One is consistency and the other one is hard work or dedication. When you are introduced to the cryptocurrency, one thing that is advised for a newbie is to be consistent. But before being consistent, he also needs to be hardworking and dedicated to the course.

Bitcoin is all about knowledge and the only way you can reap and attain mastery in your digital assets is through consistency and hard work. So this is something that I must advise everyone who is ready to venture into Bitcoin. It is for them to truly be ready to sacrifice their time, their knowledge, their efforts and be consistent in doing it.

[Marvelman]

You make a good point, iBaba - consistency and hard work matter, but don't guarantee youll master Bitcoin and  this stuff changes all the time, so we all gotta keep learning if we wanna understand it.   
I also dig how you said there's a difference between dedication and sacrifice.  No need to give up everything for crypto success.  Putting in time to learn the landscape is plenty good enough.   

And finding balance - now that's the key ain't it? Research carefully, invest what ya can afford to lose, tune out the hype.  Do that, and your headll be on straight in this crypto game.

[TheUltraElite]

Mate, the common man needs a place to buy bitcoin from and a place to spend that bitcoin on, if they are going to have any use of it. Now most countries in the developing world, have not got these in proper numbers, heck crypto transactions are being taxed heavily in some countries. So the common man is at a loss and they would rather use fiat over bitcoin, than go through all these idiotic paths.

Things might change in future but for now this is what we have. If you dont live in such a country, good for you, but to remind you that many live there too.

[CageMabok]

Whether the low or high is subjective and it rely on how long the user is holding the assets which determines the profits. Whenever we say investment it generally should be a long term investment so they no need to worry about the short term dumps or even the correct while they can maximize their profits if they manage to get into the peak of the bearish run and cashout at the peak of bull run.

If what is held is Bitcoin, it will actually be clearer about the direction to achieve what goals, because in this long period of time everyone has probably seen how the value and price of Bitcoin has increased. So subjectively what you say is true, this really depends on how long someone holds it, because we all probably know that in a four year cycle there will always be changes in the price and value of Bitcoin in the eyes of many people. So everyone has to clarify what they are holding so that they can wait for more real profits even though no one can guarantee when we will get profits through something.

[AnonBitCoiner]

Either buying during bullish or bearish, all what matter most is the ability to be able to hold for long.. Bitcoin reach its highest ath recently after being bearish for years. Some will have sold out their token in lost out of fear and impatient. But anyone who hodl till now no matter what level he bought will have made profit from it. So hodling is the real secret to make it well in this space.

Buying bitcoin does not make you profitable when you make it under bullish period because price is already higher so if you buy at higher worth then how you will take benefit if price stop at that worth to grow.

Holding is greatest strategy but if you buy at lower price then wait until bullish period arises so your holding can become worthy. Holding from bearish upto bullish period is a suitable option for getting precious profit which will not drop your money but you should sell at the price higher than your buying price.

[SeriouslyGiveaway]

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.

Patience is a very good virtue in all aspects of life. However, in my personal opinion, patience in investing is a bit different, especially in emerging markets like cryptocurrency.

In investing, if you choose the wrong type of asset, your patience can lead to very tragic results when you cannot flexibly exit before it is too late. With Bitcoin, everything has gradually become clearer as it is being recognized by the world as a valuable asset. Many people, I think, cannot be patient in holding Bitcoin largely because they do not understand its value in the long-term future, still viewing it as a type of speculation rather than investment.

Therefore, whether an ordinary person can hold Bitcoin long-term depends on more factors than rich people. With rich people, they view it as an asset that stores value and there is no need to sell it because short-term profits may not be important to them, their purpose is just to preserve their assets in the long term. As for ordinary people facing financial problems, short-term profits may be what makes them think, so selling Bitcoin in the short term is understandable.

[liasbaa]

Either buying during bullish or bearish, all what matter most is the ability to be able to hold for long.. Bitcoin reach its highest ath recently after being bearish for years. Some will have sold out their token in lost out of fear and impatient. But anyone who hodl till now no matter what level he bought will have made profit from it. So hodling is the real secret to make it well in this space.

Buying bitcoin does not make you profitable when you make it under bullish period because price is already higher so if you buy at higher worth then how you will take benefit if price stop at that worth to grow.

If you want to profit according to your needs, you have to keep BTC in the holding for a long time. Short term Businesses such as trading do not go with bitcoin - otherwise you may lose the business. Bullish periods help limit your leverage and encourage more BTC holding.

Holding is greatest strategy but if you buy at lower price then wait until bullish period arises so your holding can become worthy. Holding from bearish upto bullish period is a suitable option for getting precious profit which will not drop your money but you should sell at the price higher than your buying price.

As the sell price time frame increases over the buy price, you will emerge as a stronger BTC investor. In this case, there is no alternative to financial solvency as well as honesty. It is easier to benefit from long-term BTC investments if your household spending sources are stronger.

[Peanutswar]

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.

two things are involved for investment of Bitcoin before you invest in Bitcoin you have to check if we are in bearish season all we are in bullish season because these two things are important for bitcoin regulation when you mistakenly purchase Bitcoin when the price is going high you may lose your capital because it might decrease in value but when you purchase bitcoin when the price is low you will be at advantages because there is every probability that the price of Bitcoin may increase in the market or not that is why many investors like to invest in Bitcoin when the price is low and start waiting for when the price will increase so that they will make profit for their investment

Once a person gets introduced to the use of the bitcoin and they cant afford at all or they want to help other they keep urging those people to make an investment or else they will missout on this one-of-a-lifetime event. Ive seen a lot of this keep encouraging people to make an investment in bitcoin because they keep telling its the future, people have different perspectives, if you are a person who keeps in mind the job for 8 hours or has other sidelines and doesn't want to make an investment to the things you don't have an idea, or a person would like to risk on their life at least once with this. I guess its better not to push too much people if they don't want to invest, help those people who just want. Bitcoin is available to everyone but not designed for everyone.

[jrrsparkles]

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.

two things are involved for investment of Bitcoin before you invest in Bitcoin you have to check if we are in bearish season all we are in bullish season because these two things are important for bitcoin regulation when you mistakenly purchase Bitcoin when the price is going high you may lose your capital because it might decrease in value but when you purchase bitcoin when the price is low you will be at advantages because there is every probability that the price of Bitcoin may increase in the market or not that is why many investors like to invest in Bitcoin when the price is low and start waiting for when the price will increase so that they will make profit for their investment

Once a person gets introduced to the use of the bitcoin and they cant afford at all or they want to help other they keep urging those people to make an investment or else they will missout on this one-of-a-lifetime event. Ive seen a lot of this keep encouraging people to make an investment in bitcoin because they keep telling its the future, people have different perspectives, if you are a person who keeps in mind the job for 8 hours or has other sidelines and doesn't want to make an investment to the things you don't have an idea, or a person would like to risk on their life at least once with this. I guess its better not to push too much people if they don't want to invest, help those people who just want. Bitcoin is available to everyone but not designed for everyone.

Not everyone can afford to risk money, but it's important that they have to start with savings as the baby steps if they have dream of changing their financial status one day. It doesn't necessarily they have to invest straight away, but if they feel Bitcoin is the one then they can start looking into it and get some at the perfect time. With no efforts there won't be any changes in our life is the hard fact.

[Maslate]

You've said the word for most common man that needs to be applied and that is being "patient". Without this, one cannot achieve being great in Bitcoin because it's one of the most needed character as an investor or holder need to have. You need to be the most patient guy because as we all know, this is a roller coaster ride and today might be bumpy and tomorrow might be bumpier that you haven't expected to come. So, that's why you need to have this character as you invest and you'll learn this for every investment that you're going to get in. As for the people that have invested a lot on Bitcoin and even earlier, they're one of the most patient guys that have believed and trusted it. That's why you and me will certainly change our lives forever with it if you're truly believing to what Bitcoin can do to our lives because it's not just an asset that you'll have to hold but the value of it will increase more because of the adoption that's happening on it and with all of the fundamentals that we're seeing that surrounds it.

I believe it’s hard for a common man to be highly patient with bitcoin, knowing any common man gets emotional and easily gets depressed when bitcoin expectations are not met. However, if he gets into bitcoin deeper and becomes highly knowledgeable and well educated about bitcoin, he will come to understand that patience is a virtue in all bitcoin activities. Without patience, one cannot simply succeed with bitcoin, be it investing or trading.

[Sim_card]

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.

two things are involved for investment of Bitcoin before you invest in Bitcoin you have to check if we are in bearish season all we are in bullish season because these two things are important for bitcoin regulation when you mistakenly purchase Bitcoin when the price is going high you may lose your capital because it might decrease in value but when you purchase bitcoin when the price is low you will be at advantages because there is every probability that the price of Bitcoin may increase in the market or not that is why many investors like to invest in Bitcoin when the price is low and start waiting for when the price will increase so that they will make profit for their investment

Long term investors don't have to buy bitcoin only during the bear market, because it will slow down their bitcoin accumulation journey, especially newbies. It is better that you keep on buying weekly or monthly with 10% of your income and build up your bitcoin portfolio overtime, because you are preparing for the future. Anyone that want to accumulate bitcoin only during the bearish season might end up not having enough Bitcoin in future, because he failed to accumulate bitcoin regularly.