The confidence of the present bitcoin investors.

[GiftedMAN]

The confidence of the present Bitcoin investors is still the same as other investors that have been investing in Bitcoin for a long time. The main reason why a lot of people that have been investing in Bitcoin for a long time is because they have lots of reasons to be confident in investing in Bitcoin and on Major reason is because of the fact that Bitcoin was at a low price years ago but now and looking at where it was few years ago and where it is today it means that within a few years it has the capacity to increase significantly.

No, I think you are getting it all wrong here, you can't compare the confidence of then investors to now investors because a lot has changed over the years and Bitcoin has gained more adoption and a lot of investors has flooded the space. Then I don't think we had the number of investors we have now because fear was in the mind of so many people and they believed that Bitcoin is scam but after so many years of proving people wrong and the early investors had benefited from their investments the new age investors are not longer afraid cause they have so many reasons to believe in Bitcoin seeing so many investors of old who had already done great things from the profit they made.

[Derekfunds]

After seeing Bitcoin get to the current ATH i don't think there's any Bitcoin believer who's confidence won't grow stronger, that's a figure many people doubted but it did and gave many critics a shocker and many Bitcoiners were like, if Bitcoin could get to that height then there's a potential to go higher. Also, you can see how it's holding a strong resistance to drop lower than $60-50k, that's another reason for people to be confident that Bitcoin won't crash but would do a higher number than we could imagine when the bull season comes. Bitcoin has given people mkre reason to strongly believe in it than it did to early investors.

Exactly, apart from the new all time high (ATH) so many years ago Bitcoin was barely $500 and then all of a sudden Bitcoin had a huge surge still proving people wrong that it is not like every other asset out there that doesn't have value. Honestly, I don't know what people want to see before they will see how good Bitcoin is to store their Fiat instead of keeping it in the bank. The consolidation around $60k is very serious but there is going to be a break out soon and it will be uptrend because of where the price came from.

[iBaba]

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There is much stronger confidence in bitcoin now, but let not forget that we can not compare the knowledge investors had then with today. Back then nobody even knew if bitcoin will survive or become what it is today.
Laszlo pizza story is a perfect example, with what bitcoin is today how could he spend 10,000 bitcoins on two pizzas. But that time bitcoin had very little value and there was no guarantee it would be come asset people want globally and the same applies to people who sold early just to pay bills.

So they probably made decisions based on the information that gets to them at that time, because today we more history and evidence to study and it makes it easier to have confidence. But still that does not make bitcoin risk free, the difference is that investors have the advantage to look back the bitcoin history behind them

[Obim34]

No, I think you are getting it all wrong here, you can't compare the confidence of then investors to now investors because a lot has changed over the years and Bitcoin has gained more adoption and a lot of investors has flooded the space. Then I don't think we had the number of investors we have now because fear was in the mind of so many people and they believed that Bitcoin is scam but after so many years of proving people wrong and the early investors had benefited from their investments the new age investors are not longer afraid cause they have so many reasons to believe in Bitcoin seeing so many investors of old who had already done great things from the profit they made.

Bitcoin started on a rough edge, let's imagine this is a forum, not basically a Bitcoin focused forum, and for example, a new crypto comes out with a very good utility, and it becomes popular in the forum, out of thousands of viewers visiting the forum, probably 1/10 are the only set of people that will pick the idea of buying, by the time the crypto begins to pump and those 1/10 are making tons of profits, the number begins to increases and more people will make up their mind to invest because there has been prove, Bitcoin not only came with a one time prove, it came with proves that are already lasting over decades.

[Tonimez]

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There is much stronger confidence in bitcoin now, but let not forget that we can not compare the knowledge investors had then with today. Back then nobody even knew if bitcoin will survive or become what it is today.
Laszlo pizza story is a perfect example, with what bitcoin is today how could he spend 10,000 bitcoins on two pizzas. But that time bitcoin had very little value and there was no guarantee it would be come asset people want globally and the same applies to people who sold early just to pay bills.

So they probably made decisions based on the information that gets to them at that time, because today we more history and evidence to study and it makes it easier to have confidence. But still that does not make bitcoin risk free, the difference is that investors have the advantage to look back the bitcoin history behind them

The confidence we're enjoying today in bitcoin was worked for by these founding fathers and pioneers who dedicated all their life and earnings to publicize bitcoin. Make no mistakes, Laszlo was never stupid, he was intentionally pushing for the acceptability of bitcoin when no one really cared. The sacrifices were what built the confidence we're enjoying today. We believe in the long-term because these people have gone through this process and if bitcoin had failed, no one will be here today. So I will give their their flowers because it's not easy to believe in a coin that received the least acceptance among the public when everyone saw it as a scam project.

The history of bitcoin cannot be told without mentioning the people that supported it all these years, if bitcoin had not proven to stand the test of time, no body will be confident in it and no body will be investing his hard earned money in a venture where he is not sure to regain his money.

[CryptopreneurBrainboss]

No, I think you are getting it all wrong here, you can't compare the confidence of then investors to now investors because a lot has changed over the years and Bitcoin has gained more adoption and a lot of investors has flooded the space.

No disrespect to the then investors that believed when there was nothing to hope on as Bitcoin wasn't worth basically anything ($0) but then anybody could hodl because they were buying without any big risks attached hodlimg but now you can't say the same.

It's more difficult now that you actually know that you got something to los and with the previous expectations of market gains,you expect similar gains to be made before investing, it becomes hard tto concentrate so for those who are still able to invest, there confidence to invest is  something else.

We got more fud now than then, government attacks, wallets hacks etc. Our time can't be compared to theirs since Bitcoin is now global (mainstream). it's quite easy this days not to have patience so for anyone who still does, it's quite commended.

[Onyeeze]

No, I think you are getting it all wrong here, you can't compare the confidence of then investors to now investors because a lot has changed over the years and Bitcoin has gained more adoption and a lot of investors has flooded the space. Then I don't think we had the number of investors we have now because fear was in the mind of so many people and they believed that Bitcoin is scam but after so many years of proving people wrong and the early investors had benefited from their investments the new age investors are not longer afraid cause they have so many reasons to believe in Bitcoin seeing so many investors of old who had already done great things from the profit they made.

Bitcoin started on a rough edge, let's imagine this is a forum, not basically a Bitcoin focused forum, and for example, a new crypto comes out with a very good utility, and it becomes popular in the forum, out of thousands of viewers visiting the forum, probably 1/10 are the only set of people that will pick the idea of buying, by the time the crypto begins to pump and those 1/10 are making tons of profits, the number begins to increases and more people will make up their mind to invest because there has been prove, Bitcoin not only came with a one time prove, it came with proves that are already lasting over decades.

there is what I want you to understand, this forum were created for promotion of Bitcoin and other coins that happened to be cryptocurrencies so the major plan why this forum is created is to create awareness about Bitcoin and also make people to know what bitcoin is all about because at of when bitcoin we are created nobody have the knowledge of Bitcoin but this forum enable people to have a discussion about bitcoin and also transfer a knowledge of bitcoin to people because the founder of Bitcoin also was among of the people who created many rules and many threads about the techniques of Bitcoin

[Pi-network314159]

Honestly, their is more confidence in the present investors than those of the early investors. Initially, when Bitcoin was in it's young age, only few persons invested in bitcoin, and among the few that invested in bitcoin, not all of those few investors believed in Bitcoin which some of them to sell their bitcoin asset very early.

I understand the aspect you are driving at, and I think you are correct about that. During the early days of Bitcoin when Bitcoin was worthless, nobody took it seriously because it was less than a cent, but today it has increased, it has increased the numbers.
 of interested people making majority to want to invest. Honestly speaking the confident early investor have over the past is the current Price of Bitcoin. If we take time backwards to when Bitcoin was worthless, this confident investors will do likewise to those old investor because no one know the future.

Imagine Laszlo buying just two pizzas for $10000BTC , and this amount of bitcoin is worth millions of dollars today, and some others who sold their bitcoin at early stage just to pay bills. All these things happened because they never expected bitcoin would stand the text of time.

Lazlo did what he did to initiate online payment, because he was the first person to initiate payment of goods using Bitcoin. And after that it increased Bitcoin growth. Those are the reason Bitcoin gain recognition and started to grow. So we can not neglect the effort this people made to make Bitcoin what it is today. He may have lost that number of Bitcoin but it has help to make Bitcoin what is it today. Let is not keep emphasizing on this matter of lazlo because his own is a different Case entirely.

[Ashawowo(OS)]

A lot of people need to understand the difference between confidence and expecting Way too much, even though Bitcoin has the blue print of one of the best crypto coin to invest in, you must also create a specific period of time for you to dive into investing, it is better to always be patient and strategic than just investing anyhow and feeling like you can always be in profit .

I don't think people who held their Bitcoin up until now are expecting too much in Bitcoin. They had confidence in their beliefs that Bitcoin would do much better and their strong beliefs payed off, their confidence is on another level and should be studied. Bitcoin has made me believe that identifying a good project and staying in it for long can be very rewarding.

On the other hand, those I see as expecting too much are traders who invest into Bitcoin and expect lots of profits in a very short while. Things don't work that way in Bitcoin, they're expecting too much from it with minimal efforts and commitment.

[liasbaa]

A lot of people need to understand the difference between confidence and expecting Way too much, even though Bitcoin has the blue print of one of the best crypto coin to invest in, you must also create a specific period of time for you to dive into investing, it is better to always be patient and strategic than just investing anyhow and feeling like you can always be in profit .

I don't think people who held their Bitcoin up until now are expecting too much in Bitcoin. They had confidence in their beliefs that Bitcoin would do much better and their strong beliefs payed off, their confidence is on another level and should be studied. Bitcoin has made me believe that identifying a good project and staying in it for long can be very rewarding.

On the other hand, those I see as expecting too much are traders who invest into Bitcoin and expect lots of profits in a very short while. Things don't work that way in Bitcoin, they're expecting too much from it with minimal efforts and commitment.

I cannot agree with you. I am a Bitcoin holder but even in this bullish period, my expectations have not been met. I know that Bitcoin has repeatedly broken its previous price and I also expect it to break the ATH record set last October in the future. I am still holding Bitcoin because I have a four-year target and if Bitcoin breaks the highest price record during this period, I will not withdraw my holding.

Those who wait for the price of Bitcoin to increase are not investors. Those who maintain that target and regularly accumulate Bitcoin are real investors. Traders have one goal, which is to make profits, but they mostly lose money due to their own mistakes, but long-term investors learn and their brains mature during the course of accumulating Bitcoin.

[Uhwuchukwu53]

Confidence is not build by mere word it's more of practical experience back by consistent and regular experimental result, if an investor over time who knowledge about Bitcoin have in many time watch and experience the market movement and all that associated to it , been confidence whenever similar occurance is taken place must be his watch word because it's coming out of already known fact, no one fear for that which is known it's the unknown that people fear, for investor of Bitcoin overtime many with news and others advert have seen the movement from one stage of growth to another higher growth not been confidence still signify that such person lack understanding about system in such case, the investor will be finding it difficult to succeed or invest beyond it's believe as there is difficiency in it's confidence.

[Yorubek]

Confidence is not build by mere word it's more of practical experience back by consistent and regular experimental result, if an investor over time who knowledge about Bitcoin have in many time watch and experience the market movement and all that associated to it , been confidence whenever similar occurance is taken place must be his watch word because it's coming out of already known fact, no one fear for that which is known it's the unknown that people fear, for investor of Bitcoin overtime many with news and others advert have seen the movement from one stage of growth to another higher growth not been confidence still signify that such person lack understanding about system in such case, the investor will be finding it difficult to succeed or invest beyond it's believe as there is difficiency in it's confidence.

Yes, investor takes the time to research Bitcoin, it will gradually increase the investor's knowledge of every aspect of Bitcoin, which will prevent market volatility from affecting his confidence. The more people research Bitcoin, the more confident they will be, which will help them stay invested, so it is very important for every investor to gain complete knowledge about Bitcoin.

When a person has a long-term plan to buy Bitcoin and uses money wisely and buy small amounts of Bitcoin with discipline and holds it patiently for a long time, they are not easily disappointed by market volatility and can confidently hold Bitcoin for a long time. As a result, the chances of making money when good opportunities arise in the future increase.

[Jaycoinz]

Imagine Laszlo buying just two pizzas for $10000BTC , and this amount of bitcoin is worth millions of dollars today, and some others who sold their bitcoin at early stage just to pay bills. All these things happened because they never expected bitcoin would stand the text of time.

I don't believe that people like Laszlo sold their bitcoins because they didn't believe it will stay till this day. As a matter of fact, he is a real bitcoiner because that singular act of using bitcoin to pay for pizza confirmed to people that bitcoin can be used to pay for the things we buy. Moreover, just because Laszlo used 10000 BTC to buy pizza doesn't mean that was the last bitcoin he had in his wallet. Some early adoptors where practicing bitcoin as money they used for transactions because most of them didn't even know that it has a potential growth and can be used as a store of value.

The truth is that even Satoshi Nakamoto himself would be surprised to how many people have limited the main purpose of his invention or should I say diversified the use of it.

That one act by Papa Lazlo is also a major contribution in the growth and adoption of Bitcoin at those early stages of the innovation. Bitcoin is a currency and spending it was part of the big idea just that it's overall used as a store of value have truly outgrown the latter.

[Don Saga]

Exactly, apart from the new all time high (ATH) so many years ago Bitcoin was barely $500 and then all of a sudden Bitcoin had a huge surge still proving people wrong that it is not like every other asset out there that doesn't have value. Honestly, I don't know what people want to see before they will see how good Bitcoin is to store their Fiat instead of keeping it in the bank. The consolidation around $60k is very serious but there is going to be a break out soon and it will be uptrend because of where the price came from.

These consolidation phase is a phase where many Bitcoiners lose faith in bitcoin and some people make massive losses, especially traders because of the sideways market movement. But from the current phase onwards, those investors who held unto bitcoin would be the happiest people and those who sold would live in regret.

It's not always easy seeing that the market goes against your order and you begin to incur losses after consecutive market reversals, it takes discipline and  proper management to stick to the long term goal and ignore the current market price. This is the mentality that most bitcoiners should have, but it's a mentality that is cultivated through failures and experiences.

[Asiska02]

Today, we are so confident about bitcoin, and we have seen how far bitcoin has gone couple with the increase in price, we now know that Bitcoin is a store of value, and we can create wealth with it, this conviction is the reason why investors today have placed so much trust on Bitcoin which many early investors never had making them to sell good number of their Bitcoin asset for small money, and bill payment.

The narrative has really changed from what it use to be to what it is now. Bitcoin has been able to prove itself beyond all reasonable doubts and this has called for a more interest in bitcoin with a more positive outlook than what they have been using to look into the market before. Bitcoin as an asset is not well appreciated by many but Bitcoin as an investment asset is more welcoming to many as it is what they believe and rely on for a very long time now. The volatile nature of the market also continues to give it an edge to also new investors to stand a good opportunity to buy at a lower price and sell at an higher price.