Zoomic
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May 15, 2024, 07:56:54 PM |
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I see more of success stories of bitcoin, like how people invest bitcoin for their parents, uncles, and themselves to make fine profit. These stories are very interesting one and good to listen of what bitcoin has done for people but it makes me wonder if people don't have stories of failure about bitcoin. In the real life I see people who talk about their failed investment because of not having the right knowledge. But here everyone talks about success stories and it makes me wonder if people are shy to talk about their failures, it can also help other people to learn. Learning is not just about from successful investment.
Most people who tell you only the interesting things about Bitcoin are either self acclaimed mentors, content creators or scammers. They tell you what you want to hear so as to draw your attention and make you invest. This is a major cause of regret for newbie investors because they were not told all they needed to know about Bitcoin and cryptocurrency at large. In order to avoid regrets as a newbie, first research whatever investment option that is brought before you, especially crypto investment that involves high risks. This will help you prepare your mind for what is ahead of you. At least you have a chance of saying NO instead of jumping into it blindly.
To the rest of us who are already into Bitcoin... While telling anyone about Bitcoin, also let them know that - bitcoin's price is not stable, it can fall to the extent that you are left with an amount that is lesser than what you invested initially. It can also rise and give you good profits.
- bitcoin wallets are prone to attacks by hungry scammers seeking to steal your coins
- bitcoin investment is not a get rich quick kind of investment.
The newbies should decide if they want to go ahead with investing or not.
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Issa56
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May 15, 2024, 09:34:57 PM |
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I see more of success stories of bitcoin, like how people invest bitcoin for their parents, uncles, and themselves to make fine profit. These stories are very interesting one and good to listen of what bitcoin has done for people but it makes me wonder if people don't have stories of failure about bitcoin.
Most people will only tell you their story when they are successful, but whenever they fail, they will keep it to themselves. That’s why whenever you are on social media, all you will see is people giving testimony on how bitcoin changed their lives, and nobody will complain that they invested and lost their money in bitcoin. I do tell most people that I know that they shouldn’t believe everything they see on social media, just a few are true. Some people giving testimony on how bitcoin changed their lives might not even be holding any bitcoin in their wallet. In the real life I see people who talk about their failed investment because of not having the right knowledge.
People posting on social media are just looking for an audience, most especially YouTube users, who are just posting for the sake of subscribers and likes. If you don’t claim to be a successful bitcoin investor, then you won’t get people to subscribe to your channel, but whenever people see you talking about how bitcoin has made you rich, then they will definitely be interested in it.
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albon
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May 15, 2024, 09:36:38 PM |
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There is no successful person who has not experienced failure or loss. The nature of this volatile investment involves risks and financial losses. Some can reduce the risk rate; others face these risks without experience, financial management, etc., and fail. Most people talk about their successes and learn from their mistakes without having to disclose them because doing so may make them feel ashamed and lack experience. In addition, sharing failures might demoralize others, so they are focusing on spreading the positives of their journey and the success they achieved from their investments in cryptocurrencies, particularly Bitcoin.
Indeed, learning is not just from a successful investment. You’re right OP; you can learn a lot from others’ past failures to avoid repeating their mistakes and shortcomings. In fact, even those who have fallen victim to scams, after they share their experiences and what happened to them, help others secure themselves against similar scams. If you use the search feature above, you’ll find many stories of members’ failures, and numerous articles from prominent investors and traders are available through search engines.
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Saint-loup
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May 15, 2024, 09:39:26 PM |
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I see more of success stories of bitcoin, like how people invest bitcoin for their parents, uncles, and themselves to make fine profit. These stories are very interesting one and good to listen of what bitcoin has done for people but it makes me wonder if people don't have stories of failure about bitcoin. In the real life I see people who talk about their failed investment because of not having the right knowledge. But here everyone talks about success stories and it makes me wonder if people are shy to talk about their failures, it can also help other people to learn. Learning is not just about from successful investment.
Some people are very proud of themselves and want to be seen as successful men or women, so they don't say when they get a big loss. But IMO in the Bitcoin universe there is another kind of people : ones denying their losses. They are so convinced that Bitcoin will bring them money and will make them rich, they don't look neither want to see their losses.
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Maslate
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May 15, 2024, 09:58:11 PM |
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Of course, one wouldn’t reach the peak of success without enduring hardships and failures at first. I think that’s a common sense. But if your point is to let everyone know their losses and failures first before they have reached their current position now, I think that would certainly take a lot of time reading.
But I suggest you try to experience it all alone, that way you will also encounter all by yourself some failures and losses that those successful people have endured way back then.
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ultrloa
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May 15, 2024, 10:34:54 PM |
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I see more of success stories of bitcoin, like how people invest bitcoin for their parents, uncles, and themselves to make fine profit. These stories are very interesting one and good to listen of what bitcoin has done for people but it makes me wonder if people don't have stories of failure about bitcoin. In the real life I see people who talk about their failed investment because of not having the right knowledge. But here everyone talks about success stories and it makes me wonder if people are shy to talk about their failures, it can also help other people to learn. Learning is not just about from successful investment.
For sure they have failed stories no people earns success without passing on many challenges. Maybe people only discuss their success its because they want to brag their achievement and make people think about they are so successful in life thru the bitcoin investment they taking on. Some maybe not open to discuss about their failure but actually its interesting topic to discuss since we could able to know how people surpass those hard challenges and how much money they lose before. Since this is really helpful for us to consider so that we would know each side of stories and make it as reminder that there's a lot of things will happen on our journey and its not always about glory so that we will not get fooled by any dubious stories by people who want to take advantage of innocence of people.
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Shamm
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May 15, 2024, 10:49:20 PM |
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I see more of success stories of bitcoin, like how people invest bitcoin for their parents, uncles, and themselves to make fine profit. These stories are very interesting one and good to listen of what bitcoin has done for people but it makes me wonder if people don't have stories of failure about bitcoin. In the real life I see people who talk about their failed investment because of not having the right knowledge. But here everyone talks about success stories and it makes me wonder if people are shy to talk about their failures, it can also help other people to learn. Learning is not just about from successful investment.
Some success are good enough to be shared cause it can motivate to other such us successful in Bitcoin investment. But for me it's still good to share our failure's cause through failures we learned a lot of lesson that we won't do it again in the future it's look like our failure is our teacher if we failed then that's good cause not all the time we will be success. But we can not deny the fact that some people feel shy when they are talking thier failures cause maybe they thing that they are not good enough.
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uchegod-21
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May 15, 2024, 10:57:51 PM |
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I see more of success stories of bitcoin, like how people invest bitcoin for their parents, uncles, and themselves to make fine profit. These stories are very interesting one and good to listen of what bitcoin has done for people but it makes me wonder if people don't have stories of failure about bitcoin. In the real life I see people who talk about their failed investment because of not having the right knowledge. But here everyone talks about success stories and it makes me wonder if people are shy to talk about their failures, it can also help other people to learn. Learning is not just about from successful investment.
Someone who has failed before and later succeeded will always want to be sounding their success stories. No one wants to associate with failure or always remember failure. It is only in rare cases when advising newbies that people talk about that failures. So, in other investments, they often talk about their failures because they failed and failed out. But in bitcoin, when you fail and doesn't give up, you remain for a while and do the right things, you will succeed. So, in bitcoin, many people who failed initially later succeeded.
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boyptc
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May 15, 2024, 11:21:28 PM |
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I see more of success stories of bitcoin, like how people invest bitcoin for their parents, uncles, and themselves to make fine profit. These stories are very interesting one and good to listen of what bitcoin has done for people but it makes me wonder if people don't have stories of failure about bitcoin. In the real life I see people who talk about their failed investment because of not having the right knowledge. But here everyone talks about success stories and it makes me wonder if people are shy to talk about their failures, it can also help other people to learn. Learning is not just about from successful investment.
Nope. You probably just didn't saw those threads about stories with their failed investments including Bitcoin. But if you are for that, you'd definitely see them in other forums and platforms as well. I were you, I would read more of the success stories because it is known that for every success story, behind it was a failure that person have experienced before reaching the peak of his success.
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lovesmayfamilis
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May 16, 2024, 06:38:45 AM |
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Look at social networks, at people’s profiles, when they post photos of themselves on vacation, of their rich and successful lives. Don't such people have failures? Or do they never cry? But most of us do not like to tell the world about our troubles and failures. In the same way, when telling their stories with Bitcoin, people want to look better and be more self-sufficient. But anyone who wants to believe such stories must think about the path this person took to success. We need to search for cases of people where Bitcoin left them with nothing, and of course not blaming Bitcoin but looking into the reasons that allowed people to fail. After a proper assessment, everything will fall into place, and the one who boasts of his successful life will be exposed if the reality does not match the stories.
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Outhue
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May 16, 2024, 07:43:20 AM |
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I see more of success stories of bitcoin, like how people invest bitcoin for their parents, uncles, and themselves to make fine profit. These stories are very interesting one and good to listen of what bitcoin has done for people but it makes me wonder if people don't have stories of failure about bitcoin. In the real life I see people who talk about their failed investment because of not having the right knowledge. But here everyone talks about success stories and it makes me wonder if people are shy to talk about their failures, it can also help other people to learn. Learning is not just about from successful investment.
I made it out alive, but it was never easy, every success story has its past struggles and many people won't want to share that maybe because it was ugly or embarrassing, i as a person do not care. I went through hell to have a better change in life, from starvation to heavy stress on my body, I have to walk miles everyday to get to where I am going, and still keep money to invest in Bitcoin. Since 2016 to 2021 I have hunted for more than 500 different airdrops to make extra money so that I can buy more Bitcoin, there is no cloud mining websites I don't know, there is no faucets websitess I don't know, I did it all. In the end I got lucky multiple times, I made some life-changing money, even from airdrops, and the man who stood with me all along encouraging me to never give up ended up dead the same year that I became financially free, this life is not balanced. I myself got sick that I narrowly escaped death, and that was because of the stress that I put myself through in the past years, I paid the price.
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Kelward
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May 16, 2024, 07:57:13 AM |
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I believe that we hear more of success stories about Bitcoin, than failure stories, this is because it's the most reputable and trusted cryptocurrency, also it's a store of value, that guarantees a success story for people who hodl it. Anybody that is holding Bitcoin, with the right knowledge, will always tell a success story, failure story can only come out of ignorance and negligence, like not securing your seed phrase, or leaving your Bitcoin in an exchange or related platforms, where they can go bankrupt or be hacked. Most of the failures in Bitcoin investment are from external factors, unless if someone makes a mistake and borrows money to buying Bitcoin to sale on the short term and make profit, if price begins to dip, it becomes a failure story, because Bitcoin is a long term project.
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Kristiyana
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May 16, 2024, 12:00:27 PM |
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I could remember when I had no idea about crypto investment I keep seen a lot of people testifying on social media on how they make a huge amount of money from crypto trading, so whenever time I see people giving such testimony I always overlook because I have no idea about what they are talking about. this keep happening more often so it has gotten to the extent that I decided to conduct a deep research about what this crypto trading that have been trending in the social media is All about. then I get to find out that indeed cryptocurrency is a good assets that can profit One in the future. though I don't have stories to tell about crypto trading because I just started this crypto journey recently, but I strongly believe that as time goes on I will be in the right position to tell stories about how I get profited from crypto investment.
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Rruchi man
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May 16, 2024, 01:09:24 PM |
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But here everyone talks about success stories and it makes me wonder if people are shy to talk about their failures, it can also help other people to learn. Learning is not just about from successful investment.
Some people can forget that there is a need to be real on this forum because it is different from other social media where people are under pressure to flaunt a fake life. It is not like there are no negative stories about investment in bitcoins; it is just that people may be reluctant sharing those stories. The most common of these kinds of stories on this forum are the ones about how an investor was scammed or lost to theft, or how an investor lost access to their wallets. These are negative stories that have been shared before in the forum, and many have learned from them.
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Marykeller
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May 16, 2024, 06:45:59 PM |
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Just because you have read about people's failed stories about bitcoin investment, doesn't mean no one has shared their failed stories here cos I know that I have read, countless times of how people miss investing in bitcoin with their friends when the price of bitcoin was low or how they invested and sold at a low price, thinking that the price of bitcoin wouldn't go up higher as it is now.
Anyway, people like to talk more about their successes than their failures in life. That's why you see more success stories in the forums than failure stories cos no one wants to be cajoled rather than be praised for their bold step for believing and investing in bitcoin for the future
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Jegileman
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May 16, 2024, 06:52:04 PM |
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I see more of success stories of bitcoin, like how people invest bitcoin for their parents, uncles, and themselves to make fine profit. These stories are very interesting one and good to listen of what bitcoin has done for people but it makes me wonder if people don't have stories of failure about bitcoin. In the real life I see people who talk about their failed investment because of not having the right knowledge. But here everyone talks about success stories and it makes me wonder if people are shy to talk about their failures, it can also help other people to learn. Learning is not just about from successful investment.
Some have the notion that failures by oneself is not suppose to be disclosed to be public. They grow and learn through it by themselves without having to bother anyone about those failures. Success stories are more prevalent everywhere and this is not even about bitcoin but even in real life situations. Sharing your failures is not bad, since people can get to learn from them as you’ve said. One thing I get to understand is that nobody wants people to see them as a failure or have that impression that they’re not perfect which in reality no one is. If people want to share their failures for people to learn from it’s fine and if they don’t want to, it’s also fine as far is they don’t burden anyone with those stories.
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Alpha Marine
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May 16, 2024, 08:08:00 PM |
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This is not entirely true. I see a lot t stories of people who went about bitcoin and crypto the wrong way and they failed and learnt from that failure both on thie forum and social media. It's not just success stories that people tell about bitcoin. People also point how their mistakes and how it ruined them. Same way people talk about how gambling ruined them, they don't know talk about the success stories.
The saying "invest what you can afford to lose" gamble with what you can afford to lose", "have an understanding of something before investing in it" are like anthems on this forum. Advices like these didn't come from success stories. They're warnings that you can lose your money in this and you should b careful.
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Viscore
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May 16, 2024, 09:21:56 PM |
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If those failures will only scare the newbies and won’t make them motivated in the process, then I don’t think they’re still needed to be emphasized or mention in the post. That will only make them lost interest rather than to challenge them and get motivated to finally go out from their comfort zone and take the risk in order to gain future profits.
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Kristiyana
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May 16, 2024, 10:01:23 PM |
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If those failures will only scare the newbies and won’t make them motivated in the process, then I don’t think they’re still needed to be emphasized or mention in the post. That will only make them lost interest rather than to challenge them and get motivated to finally go out from their comfort zone and take the risk in order to gain future profits.
Actually I think that's the reason why most people vow not to go into crypto investment, due to the risk that is involve and there's no way you're going to convince them to go into crypto investment mostly when it has to do with money they're always careful to avoid losing their money. However if you want your future to be a successful one you need to take risk, just imagine those earlier investors who take the risk to invested in bitcoin when Bitcoin has no value and they where patient enough to hold on to it till this time, I think most of them are millionaires by now, that is one advantage of taking risk though sometimes you can also experience lose but that's not the end will still continue, because that's how the market is sometimes.
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Rockstarguy
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May 16, 2024, 10:10:41 PM |
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I see more of success stories of bitcoin, like how people invest bitcoin for their parents, uncles, and themselves to make fine profit. These stories are very interesting one and good to listen of what bitcoin has done for people but it makes me wonder if people don't have stories of failure about bitcoin. In the real life I see people who talk about their failed investment because of not having the right knowledge. But here everyone talks about success stories and it makes me wonder if people are shy to talk about their failures, it can also help other people to learn. Learning is not just about from successful investment.
That is life for you. Even outside this forum it is very rare to see people taking much about their failure this is just because they do not feel comfortable with it instead they would prefer to talk more about their success. Successful story is a good one to talk about and other people also learn from it. One of the reasons why people don't like saying their failure in the past sometimes people looks at it somehow, like it shouldn't have been a mistake to happen, which also can make one to look stupid, so people feel when something bad their is is no need to talk about it . If you search well their are stories of some people that have failed investing bitcoin . Op you just need to understand that people are not interested to talking about their failures.
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