People Are Now Entering Bitcoin for Quick Profits Instead of Financial Freedom.

[Sally9256]

Bitcoin na something way dem create as a decentralized form of money, way Dey allow people to control their wealth without hoping on any bank, the government or anybody.
A lot of people way been enter bitcoin investment or way been adopt bitcoin those days way en start newly been adopt am because of financial freedom or sovereignty and a long term wealth preservation.

But if you check today some of this new beginners way dey invest or adopt bitcoin their main purpose now na just to make quick money or profit.

When bitcoin been blow up for en price, na so everywhere for social media na about bitcoin discussion and them Dey talk about bitcoin price predictions, trading signals and stories of people way con Dey very rich through bitcoin.
During that time many people buy bitcoin without them understanding how bitcoin Dey work, en purpose and the responsibility way follow for person way get bitcoin.

Funny enough some of this people way adopt bitcoin because Dey won make quick money, Dey often panic and sell all their bitcoin when bitcoin price fall or dip, thereby missing that long term benefit way bitcoin Dey design to bring.

Now Bitcoin success for investment done really overshadow bitcoin purpose as a tool for financial freedom.

That is just how people are so no matter what purpose a certain thing is intended for there will always be people who will abuse or use it wrongly and it seems even Bitcoin is no exception. Actually everyone has the right to choose what to do with their asset and that is the excuse most people who invest in Bitcoin for quick profits give. Bitcoin was designed to give people financial freedom so people can have control over their money and additionally it was made a volatile asset which gives us the opportunity to earn and so some people choose to make use of it to make quick profits but in the end it's their decision.

We can't decide for people what to do with their Bitcoins but whoever is blinded by profits and sells for quick gains are the ones losing, they are missing out on the long term benefits because Bitcoin is a long term asset that increase in value with time. They are sacrificing their future gains by chasing after quick gains. The mindset shows they lack patience and they will eventually panic when Bitcoin doesn't perform well.

The investment use might have overshadowed the intended use but adopting it either way is still good for Bitcoin.

[Crakryptvest]

Misconception and misunderstanding has been the problem humans are faced with, many persons do not understand that even though their will be reward or profit in bitcon in a long-term, they will have to exercise much patient to be part of those who'll be rewarded, nothing comes too easy, we can conveniently talk of long-term effect of Bitcoin not the quick profit mindset that might end up as an illusion or day dreaming that will see the light of the day, but let's face the reality, I don't think that people will desist from think that once the invest in Bitcoin they will blow once because some persons are not grounded, they are not ready to learn, they only learn and adapt to the reality when their expectations ain't coming.

[Bryan jessy]

This set of people who believe that Bitcoin investment is for quick profit where not well informed, we can not blame them, imagine telling someone an overview of something they have never heard about and not giving the necessary details, just the advantages no disadvantage, back then when I had no idea about the existence of this forum and Bitcoin, I see how they talk about it in the Internet, very easy to operate no stress, deposit and get double the amount you investment in no time, this is how those bloggers sounded and I know lots of people fail for it, this is them just looking for engagement in their content. Nowadays some persons are impatient and eager to make money, so even without much hype they will dive any opportunity that has to do with profit disregarding the right procedure and sacrifice that is required.