Bitcoin doesn’t fail people.... People fail bitcoin

[taufik123]

-snip-
Since the beginning of Bitcoin, so many people has been saying that “Bitcoin is dead” over and over again,  but it has never ceased to be adopted, built, and known around the world. Panic is not always related to the long term situation.

Panic will always occur for those who only see Bitcoin from the negative side, do not see how Bitcoin has developed and provided great profits for those who still survive and believe to this day.
The people who say Bitcoin is dead now don't show up anymore, they are given a direct understanding with the Bitcoin price rising reaching a new ATH.
The debate about Bitcoin dying or Bitcoin as a useless currency is outdated, now people just want to buy Bitcoin at a cheap price and a lot of manipulation attempts are made.

Like you said many people keeps blaming Bitcoin for there mistake and expect everything to work naturally even when they are doing the wrong thing never, Bitcoin is not a spirit that have the ability to design and correct. This is part of what we should let people know. Just like I native currency, if we carelessly make decisions that can jeopardize it, we will lose some or all our funds, so likewise Bitcoin which is even more sophisticated that fiat and needs more carefulness at all time to secure it.

Bitcoin is a revolutionary digital currency, it will still be needed in the future and become a payment option that is in line with current economic developments.
Full adoption is possible in some countries, but developing countries or other countries are also adopting and providing regulation as a commodity tool that will also be very useful.
It takes caution and the same goes for fiat money, which distinguishes only its volatility so that it makes prices fluctuate.

[Son Of Blockchain (SOB)]

~snip

Do you know the set of people that are much worse?... Those who just don't like Bitcoin despite not having any personal experience... Lol, but that aside, the thing is, everything that concerns Bitcoin is not new, from volatility, to avoiding scams, to negative sides of Cex platforms, etc, these things aren't actually new. A lot of people just fail to recognize the fact that they exist, so they end up becoming victims of their own ignorance. The earlier people start to recognize all these things, the better for them.

People have choices for instance Peter Schiff's choice is Gold, even though he's not publicly open up that he's bought and held Bitcoin for long-term and it failed him but he sees Bitcoin as a serious rival to Gold and threat to his Gold business that why he always criticize Bitcoin whenever the market is down and give people reasons to term it bad choice for investment.
 Well that's his own agenda even though some ignorant people would still be influenced by his critics but it would never hinder the growth of Bitcoin or stop Bitcoin believers from investing in it. Bitcoin has cleared the doubt of critics over the years and would continue to be like that for years to come, I won't be surprised if Schiff switch to owning Bitcoin.

[Devario25]

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[ThemePen]

People who lose money to centralized exchange collapse and/or phishing link are not losing due to code failure, they are losing due to them losing self custody for convenience. I think that much of "Bitcoin is scam" rhetoric is psychological input that helps people not face pain of being wrong. It is easier to point fingers at decentralized system than to say that you went after 100x return, not understanding numbers. Today banks are no longer keeping you safe from your own mistakes, you are your own security officer. Decentralization is skill that needs to be learned and, too often, price for such education is loss of funds and hard lessons.

[yhiaali3]

Unfortunately, unsuccessful people not only blame Bitcoin but also tarnish its reputation by sharing their bad experiences with others and blaming Bitcoin, so that people who don't know about Bitcoin think that it is the cause of their failure and not them.

The worst thing is that some people attribute most bad things related to altcoin to Bitcoin. I was even surprised once when some acquaintances attributed bad incidents like FTX and others to Bitcoin. Although I tried to explain to them that all these things have nothing to do with Bitcoin, I think they were not convinced.

[MarjorieZimmermanGinger]

People trust strangers too easily, chase fast profit, ignore security, then blame the system instead of themselves which is absolutely ridiculous... bitcoin gives freedom, yes… but freedom wthout responsibility can be dangerous.

I've come to believe the real problem isn’t bitcoin volatility… it’s people wanting freedom without discipline.

It's more about how one prepares for their investment journey, and as much as possible, one should consider adjustments so that discipline is established while executing them. Many people fail in Bitcoin not because of volatility, but because of how they handle the pressures of Bitcoin's price movements in the market. Even worse, some people expect large profits and use small capital to achieve them, which is certainly an impossibility they shouldn't undertake.

Talking about quick profits isn't the solution for those building financial freedom with small capital it's about how one can consistently engage in it. Don't expect quick profits, but strive to build discipline by utilizing all available potential so that we will slowly grow in our investment practices.

[batang_bitcoin]

Unfortunately, unsuccessful people not only blame Bitcoin but also tarnish its reputation by sharing their bad experiences with others and blaming Bitcoin, so that people who don't know about Bitcoin think that it is the cause of their failure and not them.

Actually, they're tarnishing it to those who are interested in buying Bitcoin. And so, with their bad experience and merely the losses that they've got after investing is what they tell to discourage them. They put the blame on bitcoin and the market when they have come unprepared. That's their problem but they should stop showing their bitterness to the other people who are trying to get into Bitcoin. Because by telling their bitterness, that might stop the enthusiastic new investors from getting into it. Although it's still on the real investors whether they'll listen to the tailored stories or not by these investors who are discouraged by their bad experience.

[Outhue]

I believe one big problem in Bitcoin is that people blame Bitcoin for mistakes they made themselves…

Someone buys at the top because of hype, skips basic research, leaves funds on some random exchange, or falls for those “double your money” scams then whn it all goes bad, the first thing you hear is “Bitcoin is a scam.” but was it really bitcoin… or just bad decisions..

People trust strangers too easily, chase fast profit, ignore security, then blame the system instead of themselves which is absolutely ridiculous... bitcoin gives freedom, yes… but freedom wthout responsibility can be dangerous.

I've come to believe the real problem isn’t bitcoin volatility… it’s people wanting freedom without discipline.

What is your definition of freedom? To make money from Bitcoin? That's not entirely true, there are many people who don't want to make big money because they become free, they are satisfied with what they are earning and how they are living their lives even if you look them as poor people, and genuinely they feel more happier than people who are richer that them.

This is actually why we are human, don't expect everyone to be disciplined, don't expect everyone to behave or act the same way, this is impossible,  and to be honest this doesn't affects bitcoin a bit, they don't fail bitcoin because Bitcoin doesn't rely on people to breath, everyone is responsible for the decisions they make with their Bitcoin.

Bitcoin exists for us to use either wrongly or rightfully, using it the wrong way won't kill or affect Bitcoin, if they fail to learn from their mistakes that's their choice too.

[Alonso_]

~snip

Do you know the set of people that are much worse?... Those who just don't like Bitcoin despite not having any personal experience... Lol, but that aside, the thing is, everything that concerns Bitcoin is not new, from volatility, to avoiding scams, to negative sides of Cex platforms, etc, these things aren't actually new. A lot of people just fail to recognize the fact that they exist, so they end up becoming victims of their own ignorance. The earlier people start to recognize all these things, the better for them.

Most of the people that we can think that they don’t like bitcoin are people that most especially have fallen victim to one scam or the other and when you now tell them that they can invest in something meaningful and profitable as bitcoin then they eventually get mad probably because they have fallen victim to someone scam, because right now there are so many scams going on all over the world so there is every tendency that they must have fallen victim to numerous online scams, but people who knows what bitcoin is all about they will just have to be investing in bitcoin and buying consistently.

[Jimmymoriarty]

The title doesn't really make much sense op. Why? Because both things can happen simultaneously or exactly like you mentioned or the opposite too. BTC is an extremely volatile asset which is why we should invest only what we are willing to lose basically.

This logic doesn't just apply to BTC, but to all sort of financial investments in life period.

[HajiBagi]

I believe one big problem in Bitcoin is that people blame Bitcoin for mistakes they made themselves…

Someone buys at the top because of hype, skips basic research, leaves funds on some random exchange, or falls for those “double your money” scams then whn it all goes bad, the first thing you hear is “Bitcoin is a scam.” but was it really bitcoin… or just bad decisions..

People trust strangers too easily, chase fast profit, ignore security, then blame the system instead of themselves which is absolutely ridiculous... bitcoin gives freedom, yes… but freedom wthout responsibility can be dangerous.

I've come to believe the real problem isn’t bitcoin volatility… it’s people wanting freedom without discipline.

I have always said that the reason why people failed when they invest in bitcoin is because they don’t understand bitcoin and they don’t do research before investing, i will never blame bitcoin for anyone who failed in the process because if you truly understand bitcoin before investing in it you will not get scam, i know that some people get scam by some scammers through some ways but as an investor you need to be wise and understand how things are working online.

People will keep blaming bitcoin not knowing they are the big problem why they will not succeed in investing in bitcoin, i have seen many people who blame bitcoin just as you said and if you listen to them how they got scam you will know that they are the reason why they got scam, there are some people that don’t like bitcoin and never think of buying it and it is all because of how people who are greedy and don’t understand bitcoin said about bitcoin but that will not stop those who understand it to invest in bitcoin.

[YellowSwap]

It would have been a perfect score based on your title if using Bitcoin in a centralised way is what killed Bitcoin, I believe bitcoin isn't designed to die once people start passing KYC to trade or buy Bitcoin.

It would have been a perfect score for you OP if Bitcoin was designed to die once people start to lose their recovery seed simply because they are very careless, so please try to explain to me how incompetent of people are failing Bitcoin or making bitcoin to fail.

Bitcoin doesn't care if you ask me, it has what the world doesn't, decentralisation, and complete control of your asset, if you fail yourself by not keeping your Bitcoin safe that's not Bitcoin's fault and this won't make Bitcoin fail.

[Bitcoin_people]

I believe one big problem in Bitcoin is that people blame Bitcoin for mistakes they made themselves…

Someone buys at the top because of hype, skips basic research, leaves funds on some random exchange, or falls for those “double your money” scams then whn it all goes bad, the first thing you hear is “Bitcoin is a scam.” but was it really bitcoin… or just bad decisions..

People trust strangers too easily, chase fast profit, ignore security, then blame the system instead of themselves which is absolutely ridiculous... bitcoin gives freedom, yes… but freedom wthout responsibility can be dangerous.

I've come to believe the real problem isn’t bitcoin volatility… it’s people wanting freedom without discipline.

Basically, people fall into the trap because of their own wrong decisions and instead of blaming themselves for that mistake, they have positive thoughts about Bitcoin. We all know that Bitcoin is an independent currency, but those who buy Bitcoin at a high price without knowing its uses and without following the market situation and become greedy in the hope of high profits in a short time fall into this kind of trap. If people plan to invest with their thoughts, then they must know about Bitcoin in advance. Bitcoin's volatility is a natural thing that at any moment the market can go down and then go up, so they have to analyze it well and invest accordingly. However, Bitcoin should not be blamed for investing, rather those who often face losses due to their own mistakes are fools.

[Nahl]

I do agree with the title says that bitcoin doesn't fail prople but people theirself are fail to bitcoin because when invest at this coin those people only want to gets rich in the short term especially when bitcoin price hit a new peak there are plenty of people at social media give an advices to bought bitcoin because they were thought bitcoin price will always be increases but in fact after hit new peak bitcoin fall and entering bear market which those who bought at the peak will starting to blame bitcoin even they says bitcoin is a scam because their bitcoin value gradually fall but these people clearly don't deserved to called as bitcoin investors because they didn't know the concept of bitcoin when first time to created and all they want is bitcoin can hit very expensive prices and they can gets rich from that

[Patikno]

I believe one big problem in Bitcoin is that people blame Bitcoin for mistakes they made themselves…

In any case, Bitcoin is not to blame, and it cannot be considered a disappointment. Fundamentally, all the mistakes crypto users experience are their own. Whether it is due to "FOMO", losses due to "Impatience," or "Negligence" in safeguarding their Bitcoin (hacking, theft/scams). Therefore, never say Bitcoin is a disappointment, because Bitcoin can't be blamed, even including if someone misuses Bitcoin (for money laundering, or criminal activity). I dare to challenge anyone who says: "Bitcoin is a disappointment", or anyone who blames Bitcoin, and I will prove them wrong. IMO, they are just people who don't understand, or who are just doing fud on Bitcoin.

[Queen uloma]

People always blame bitcoin instead of accepting that they’re responsible for their losses. Many people invest in bitcoin because of hype. Most times it is also because of greed,  zero patience and poor knowledge. While  some people go into bitcoin because they want to be rich overnight without having a proper understanding on how bitcoin market works., this set of people does not do research. They don’t want to learn about the security in bitcoin and they have zero understanding on long-term investments. The moment they lose, they will start seeing bitcoin as a scam, not knowing that they need to understand fully how bitcoin investment works. Just as you have said bitcoin gives freedom  but  freedom without responsibility can be dangerous.  People need to be patience and be discipline even if bitcoin gives freedom.The real problem isn’t about bitcoin volatility, it’s about people that want financial freedom without trying to know how it works.

[Faisal2202]

People trust strangers too easily, chase fast profit, ignore security, then blame the system instead of themselves which is absolutely ridiculous... bitcoin gives freedom, yes… but freedom wthout responsibility can be dangerous.

I've come to believe the real problem isn’t bitcoin volatility… it’s people wanting freedom without discipline.

Before I write something, your title made me remember that girl's video who said, "Don't love your job. Job your love" haha.

If an investor starts accusing the asset instead of finding the problems in themselves, then they would never make any money. Because Bitcoin is not in its early days anymore. Understanding it was harder for early investors because of the lack of history and trust, but they still invested, while now it has been recognized worldwide and institutions are investing in it. A lot of people are guiding others now, and every local community has its own influencers guiding their crypto community without any fear because the rules now allow them to do so.

So basically the environment has become more friendly, and now if someone is accusing Bitcoin, then that's their own fault, although in the beginning it was still their fault.

[mcdouglasx]

The thing is, the internet is full of sensationalist news, and it's not that I blame them, it's just how these sites that depend on network traffic work. People don't like to understand things from the ground up. Most people hear, "You have to buy Bitcoin, it'll make you rich, buy it!" They rush out to buy without reading about the risks or the necessary protections to secure their coins. They download apps with viruses or other malicious software, get hacked, are scammed by third parties, or simply see the price drop and rush to sell. In short, that's how most people are. That's where the success of online advertising comes from: sell someone something beautiful, offer them more than you're giving, and put the rest in small print. You'll have triumphed in the world of sales.

[Hamza2424]

People trust strangers too easily, chase fast profit, ignore security, then blame the system instead of themselves which is absolutely ridiculous... bitcoin gives freedom, yes… but freedom wthout responsibility can be dangerous.

I've come to believe the real problem isn’t bitcoin volatility… it’s people wanting freedom without discipline.

Volatility can be a problem here because people fail to understand it, and no matter how much analysis they do, they could never accurately find the next target. But with experience, they will learn what is wrong here, and they will find themselves wrong. Because bro, that's the reality of trading. We have to learn this very first lesson the hard way, but only if we stick around do we learn it. Otherwise, if we leave the industry after facing a loss for the first time, then we would never grow because we left haha.

Anyway, you are right bro about your point, and it is super clear that newbies should find mistakes in themselves if their analysis goes wrong. That's the only way they can correct themselves.

[Kelvinid]

Bitcoin is never a failure, but people experience failure from bitcoin due to wrong approach and decision making, thinking that jumping into bitcoin without clear knowledge and background will still lead them to instant success and quick profits.

Bitcoin doesn't fail people, but its only people who make rush and stupid actions that made them feel devastated of the outcome. People invest or trade with high emotions, display lack of long-term perspective and poor risk management, lack of knowledge and research, having security failures and lastly, falling for hypes. These are all people's wrong turns, and blame bitcoin as a big failure.