What the majority of Bitcoin investors don't want to hear

[KiaKia]

Some Bitcoin investors don't want to accept the following because they have their own made up theories, I am not saying that I am always right as well, but the little knowledge that I have acquired since 2017 in this crypto space is what I am using to share this message.

Will you accept it or reject it? That's on you to figure out.



(1). You don't have to hold Bitcoin forever, it is still a form of money, plan on spending it someday, you don't have infinite life.

(2). Don't go extra miles working yourself to death to accumulate BTC, BTC will remain but your health will degrade.

(3). It is not a must to leave BTC for your offsprings, you have learned alot, the knowledge you've acquired is enough to be passed unto them.

(4). BTC have a bright future, but we don't know if it will retain the shining light after several years have pass.

(5). All what you worked for (BTC accumulated) can still go to waste even if you leave your private key for your family, what took you years to gathered can be squandered in a month.

(6). BTC miners plays a major role in the life of BTC, value and security wise.

(7). No crypto exchange is more BTC friendly than your private non-custodial open source wallet.



And to all men out there, not all of you will be lucky in terms of appreciation in life, please don't stop treating every day like its your last, put yourself first, this can be hard to digest but I have seen strong men get washed away like they are nothing after so many years of struggling to provide and protect their families, store up something for yourself too, you may never know, you just may never know.

[Japinat]

Everything on the list is true. Some people don’t want to hear it because they’re ignorant and just want quick, easy steps for investing and safeguarding their assets. The most important thing when holding long-term is ensuring security, that’s our future we’re talking about. We believe Bitcoin will deliver fortune, or at least help fulfill some of our dreams. Maybe they don’t want to hear that now, but eventually, they’ll regret ignoring reality, im sure of that.

[Helena Yu]

What you explain are about "men's life" instead of Bitcoin investors.

We all know health are more important than money, treat yourself better and time are more important than money. But, the society always demand men to have a lot of money, unfortunately in order to have time and money, you need to sacrifice in the beginning, except you born from rich parents.

You need to work very hard first and not taking care of yourself in order to saves a lot.

Then still work very hard, but you can take care of yourself since you already have safety net.

The last step, if you're successful, you can enjoy your money, take care of yourself and have more time.

Instead of saying that, better to say "wish you will successful", when someone is successful, they will have money, time etc.

[Donneski]

Some Bitcoin investors don't want to accept the following because they have their own made up theories, I am not saying that I am always right as well, but the little knowledge that I have acquired since 2017 in this crypto space is what I am using to share this message.

Will you accept it or reject it? That's on you to figure out.



(1). You don't have to hold Bitcoin forever, it is still a form of money, plan on spending it someday, you don't have infinite life.

(2). Don't go extra miles working yourself to death to accumulate BTC, BTC will remain but your health will degrade.

(3). It is not a must to leave BTC for your offsprings, you have learned alot, the knowledge you've acquired is enough to be passed unto them.

(4). BTC have a bright future, but we don't know if it will retain the shining light after several years have pass.

(5). All what you worked for (BTC accumulated) can still go to waste even if you leave your private key for your family, what took you years to gathered can be squandered in a month.

(6). BTC miners plays a major role in the life of BTC, value and security wise.

(7). No crypto exchange is more BTC friendly than your private non-custodial open source wallet.



And to all men out there, not all of you will be lucky in terms of appreciation in life, please don't stop treating every day like its your last, put yourself first, this can be hard to digest but I have seen strong men get washed away like they are nothing after so many years of struggling to provide and protect their families, store up something for yourself too, you may never know, you just may never know.

These are bitter truths that most Bitcoiners are yet to make peace with. While accumulating a lot of BTC for the future and to reserve for your offsprings, it's very important that you should also learn how to take care of yourself and your health because just like Op said, all your accumulated assets can be squandered in less than a month by the people you entrust your keys to as your heirs when you're no more. While investing, try and make out time and give yourself a good treat so you live longer and enjoy the proceeds of your Bitcoin investment.

[Popkon6]

And to all men out there, not all of you will be lucky in terms of appreciation in life, please don't stop treating every day like its your last, put yourself first, this can be hard to digest but I have seen strong men get washed away like they are nothing after so many years of struggling to provide and protect their families, store up something for yourself too, you may never know, you just may never know.

The reasons you mentioned are certainly true, but I think it is important to invest in Bitcoin because success is never achieved without taking risks in life. So Bitcoin investment is something we must take risks to achieve success in life, but it is definitely necessary to be specific and plan. Holding Bitcoin for a long time in the future will depend on the money and income of each person, and Bitcoin investment should be invested with as much money as possible.
However, I think there is no guarantee of human life in the future when death may occur, but still people try hard to survive, so Bitcoin investment is certainly risky, but Bitcoin investment is most important for success.

[ancafe]

And to all men out there, not all of you will be lucky in terms of appreciation in life, please don't stop treating every day like its your last, put yourself first, this can be hard to digest but I have seen strong men get washed away like they are nothing after so many years of struggling to provide and protect their families, store up something for yourself too, you may never know, you just may never know.

But there is advice that we may always hear where men are born into this world only to be responsible for their lives and families. We prioritize our wives and children to fulfill a much better life and generally men don't really care about their lives. There is no need to refuse as long as we are able to live a better life and the presence of bitcoin in our lives can make everything easier if utilized properly in making investments.

Experience explains how many benefits bitcoin has given us now and especially those who have been involved in investments. We need to learn from mistakes and maybe because of those mistakes that make us more experienced in achieving a better life.

[Dailyscript]

I almost agree with everything. Although not completely because everyone reacts to bitcoin in different ways. Just like fiat money, many individual will choose to purchase something with the fiat money directly while wise people will prefer to invest that money first then purchase what they want with the profit while their capital still remains.
We also done need to drain our healthy in the name of doing several jobs to accumulate bitcoin. Like i always tell people around me, it is not a do or die affair. If you ave invest when you dont have leave it but always invest with little that you can keep up with for a long time.

[Ivystar5]

(1). You don't have to hold Bitcoin forever, it is still a form of money, plan on spending it someday, you don't have infinite life.

Yeah bitcoin is money even though we have stereotyped it to be more of an asset, you can't hold money forever it has to be spent right? Of course but must you spend all just to prove that it's money.

There is something called sustainable withdrawal it was all figured out as a result of us knowing we have to spend bitcoin so you can withdraw, spend as much as you want but would you sell all just to stay aware that you had bitcoin but you don't have it again?
Have a rethink.

(2). Don't go extra miles working yourself to death to accumulate BTC, BTC will remain but your health will degrade.

If you're from one of the poorest place, you would figure out that you have to work extra miles to accumulate more bitcoin as far as you don't have a silver spoon in your mouth then working extra miles is needed but then must you'lr health deteriorate on the process No! you can work Extra miles and still have a good health.

(3). It is not a must to leave BTC for your offsprings, you have learned alot, the knowledge you've acquired is enough to be passed unto them.

Greed must be speaking right now!
What's the joy of being a parent if not to pass down what you have to your offsprings?

(4). BTC have a bright future, but we don't know if it will retain the shining light after several years have pass.

Nothing is guaranteed, yet in the last 16 years is has kept bouncing back so the probability is very high.

(5). All what you worked for (BTC accumulated) can still go to waste even if you leave your private key for your family, what took you years to gathered can be squandered in a month.

How have you trained yourself, your kids, and your partner to act determines how much of squandering will be done to your bitcoin. if Yiu don't want it spent that way create something that can occur them and make them want to retain your legacy.

(6). BTC miners plays a major role in the life of BTC, value and security wise.

I agree with this even though not completely.

(7). No crypto exchange is more BTC friendly than your private non-custodial open source wallet.

Best point ever!

[mindrust]

Good points. What good is it if you can’t enjoy all that money because you lost your health? At some point, we need to stop accumulating and live the life. Look what happened to Roger Ver. He is in prison because he challenged the US laws. He could have paid his taxes and lived a very wealthy life but he decided not to.

Sometimes I wonder if being all rich and wealthy gets boring after some time? Because these wealthy people act crazy from time to time.

[Sanitough]

Everything you’ve mentioned make sense. But those who can rightly perceived are only those who are widely open that bitcoin may not take forever. It may be good for now, but we don’t know actually what will be the future of bitcoin since it’s risk of high volatility. So value it while it’s still here and can bring us good returns.

At the end of the day, health is our best wealth. Don’t be obsessed with bitcoin, put your family’s health and all its basic needs as the topmost priority, let bitcoin serves only as a side hustle. Invest if you can, but learn to decline if you can’t.

[Reatim]

(1). You don't have to hold Bitcoin forever, it is still a form of money, plan on spending it someday, you don't have infinite life.

i believe that most of us plan on holding for a long period of time that sometimes that time is not seen in the near future so it may seem forever but we just want to maximize profits but i believe when the right time comes many those who wait will spend their money on important things

(3). It is not a must to leave BTC for your offsprings, you have learned alot, the knowledge you've acquired is enough to be passed unto them.

i disagree

it is not just about bitcoin but leaving money for your children that could help them at least kickstart their future and make their lives easier if you can, why would you not want to leave something valuable to your children?

(4). BTC have a bright future, but we don't know if it will retain the shining light after several years have pass.

no one even knows accurately what tomorrow holds

[qwertyup23]

<..snip..>
(1). You don't have to hold Bitcoin forever, it is still a form of money, plan on spending it someday, you don't have infinite life.

Technically, this is true to a certain extent as it depends on the investor on how they view BTC.

If you have various investments on your portfolio, then you may utilize them according to the purpose to which you designate.

(2). Don't go extra miles working yourself to death to accumulate BTC, BTC will remain but your health will degrade.

This also applies to work, in general that nothing is richer than life itself. There will be opportunities for a person to earn money, but if you neglect your health, then this will cost you more in the future.

(3). It is not a must to leave BTC for your offsprings, you have learned alot, the knowledge you've acquired is enough to be passed unto them.

Again, this also applies to any other investments. The good thing is that you can plan on how you could necessarily pass your investments to your heirs. The limitation here would be the technicalities of cryptocurrencies regarding its accessibility.

(4). BTC have a bright future, but we don't know if it will retain the shining light after several years have pass.

BTC is deflationary- its value increases the more its supply decreases. Given that there is only a limited amount of BTC which are yet to be mined, expect its price to increase in the future, without any prejudice to other factors affecting its price.

(5). All what you worked for (BTC accumulated) can still go to waste even if you leave your private key for your family, what took you years to gathered can be squandered in a month.

Again, this will depend on how you would approach it. As a general rule, you should leave your BTCs to someone who can be trusted and who is at least knowledgeable on this field. If they are not familiar with the concept of cryptocurrencies, then what you mentioned may happen.

(6). BTC miners plays a major role in the life of BTC, value and security wise.

The existence of miners give birth to the supply of BTC. Think of it as gold or diamonds. Without these mining companies, these precious metals will forever be not unearthed, therefore not utilized.

(7). No crypto exchange is more BTC friendly than your private non-custodial open source wallet.

I agree with this. Exchanges, on general, provide convenience for the transaction of your BTCs. Unfortunately, exchanges have been scammed in the past.

[hyudien]

Yes I agree with the message you shared this is a kind of reminder for bitcoin investors especially for me who for the past few years until now I have been too obsessed with my bitcoin so that I have worked too hard and neglected my health. In the end we must enjoy what we reap, pamper ourselves and our beloved family, have fun from the results of our investment, enjoy the money while we are still alive, tomorrow no one knows!

[The Cryptovator]

Seems your points are quite interesting and helpful, of course. As always, I am telling to hold Bitcoin for life; don't hold it for a lifetime. We must have a goal about our Bitcoin holding. I have learnt from my past mistakes, though it wasn't Bitcoin. When we are accumulating Bitcoin, at the same time we need to set a goal where we will cash out. Otherwise, we might have to encounter this kind of dump that we are experiencing.

Though we don't know when we have to leave the world, we need to secure our assets and must make sure our next generation can access our assets, including Bitcoin. Otherwise, you might have millions, but your next generation would exist poorly. So I agree with your points; we should consider all of them while accumulating Bitcoin.

[BABY SHOES]

(1). You don't have to hold Bitcoin forever, it is still a form of money, plan on spending it someday, you don't have infinite life.

I agree that I won't hold BTC for as long but holding it for 5-10 years is still realistic to enjoy and spend the BTC.

(2). Don't go extra miles working yourself to death to accumulate BTC, BTC will remain but your health will degrade.

I don't always force to accumulate BTC or not aggressive in accumulation, but I look at the monthly cash flow that is owned, usually only 30% for bitcoin, if the income is small then the BTC allocation is not there because I have to live off that money.

(3). It is not a must to leave BTC for your offsprings, you have learned alot, the knowledge you've acquired is enough to be passed unto them.

Hmmm... if this is still my desire to leave BTC for descendants later, of course with the knowledge that is inherited.

(4). BTC have a bright future, but we don't know if it will retain the shining light after several years have pass.

Believe bitcoin will have a bright future... The next 2 decades will be even brighter.

(5). All what you worked for (BTC accumulated) can still go to waste even if you leave your private key for your family, what took you years to gathered can be squandered in a month.

Yeah it could be... what I leave BTC for my family could run out in an instant, but I'm happy if my own child uses it even though he's too spree.

(6). BTC miners plays a major role in the life of BTC, value and security wise.

That's right...

(7). No crypto exchange is more BTC friendly than your private non-custodial open source wallet.

Exchanges are just like banks... they will close your account anytime...
Stick to open source wallets - the best non-custodial wallet to hold BTC.

[aoluain]

I think "most Bitcoin investors" would be aware of the points made by the OP.

Points 1. and 2. are not necessarily detrimental to investing in Bitcoin, I mean
many business people sacrifice a lot in their lives to become wealthy, the same
could be the case for Bitcoin.

Points 6. and 7. are the most important points, they have been talked about regularly.

3. 4 and 5. kind of dont matter because you will have passed away and what others
do is inconsequential to your Bitcoin HODL'ing.

[kotajikikox]

Everything on the list is true. Some people don’t want to hear it because they’re ignorant and just want quick, easy steps for investing and safeguarding their assets.

You will notice that even though the internet or this particular corner of the internet keeps warning people of centralized platforms, people still go to those platforms then get disappointed when their coins turns out to be unsafe.

We believe Bitcoin will deliver fortune, or at least help fulfill some of our dreams. Maybe they don’t want to hear that now, but eventually, they’ll regret ignoring reality, im sure of that.

Actually I think that is exactly what they want to hear. They would not want to hear that you actually need to exert effort into bitcoin to earn some money.

[Zanab247]

Investors don't want to hear loss in BTC investment which is the reason majority of BTC investors like to hodl BTC for long years before they can decide to sell to earn profit. BTC investors know that hodling BTC is not forever, that is why they have confident whenever they are hodling BTC for a particular price to pump up before they can sell to achieve a tangible profit that will motivate them to increase their capital in BTC investment.

BTC investors don't want to be panic about the price in the market, they are comfortable with any season that will occur in the market because they know that bear run and bull run are the major season that give investors opportunity to utilize their plans in BTC investment.

[Mrbluntzy]

Some people are super rich that even if they decided to liquidate some or all their Bitcoin, there's nothing to spend the money on, that is because they are already living a full filling life style and they lack nothing. Some people have a lump sum of Bitcoin in their wallet but their monthly income from either business, salary or other investment is cumbersome enough to give them a satisfying lifestyle without any need to liquidate their Bitcoin asset.
In the world, It's not everyone that is a philanthropist. Some people can allow their Bitcoin to rot in their wallet even if they die abandoning everything they would be happy that they lived the perfect life they wanted on earth.
Every investor has their goal, aims, purpose and what they choose to do with their Bitcoin or how they chose to utilize their Bitcoin is just their choice.

[EL MOHA]

As always, I am telling to hold Bitcoin for life; don't hold it for a lifetime. We must have a goal about our Bitcoin holding. I have learnt from my past mistakes, though it wasn't Bitcoin. When we are accumulating Bitcoin, at the same time we need to set a goal where we will cash out. Otherwise, we might have to encounter this kind of dump that we are experiencing.

Bitcoin investment just like every other investment assets has three phases in my opinion which are accumulation<>hodl<>Taking profit. This three phases are very much important and if one of the phases is actually skipped it will create imbalance on the whole process. I think many of the investors now are doing the first two phase now,  not that they wouldn’t execute the last phase but the bitcoin investment is still very much young as there’s still enough time for it to grow.  

The profit taking phase of bitcoin is one phase I usually emphasizes that an investors has his own personal strategy for, you can copy someone else accumulating pattern like DCA, extend holding period like others but just know when to actually take your profit, profit taking also doesn’t mean the end of bitcoin holding as many portrays it. You can use bitcoin profit to even diversify into other assets or simply solve life related issues, one just needs to set a target and not just hodl blindly without one

As for holding to one’s death, there is nothing bad if it is intended to left for inheritance, having fear of it been squandered shouldn’t be your worry just carry out your duties of having something behind for your family