Post
Topic
Board Economics
Re: what is the future of virtual currency like bitcoin ?
by
nitrousteam
on 22/03/2018, 20:08:43 UTC
The reason most of us asking this question is because we have doubts about bitcoin and it’s future. If we just ride with the flow and where we going with the help of bitcoin, our financial life wouldn’t be the same. If this is worrying us now, even with to much attention and popularity is higher today what more to those who invest in bitcoin 8 to 10 years ago. We being part of the community will be the one decide what future what we want to be, together.

'Riding along' in the current times, IMO, isn't a really a sound advice since it looks as if we relied ourselves in what others subconsciously agreed upon. Without questioning something or being rational about one thing is kinda scary, especially with bitcoin, considering that it's just a few years old yet the gains are astronomical and are exhibiting signs of a bubble similar to those of the famous ones. I'm not saying that you should abandon the project or anything, but the point is that most people lose money because they aren't doing the slightest of research to aid them in their trading ventures.

No wonder why so many newbies quit immediately after losing a fair amount, they just tend to 'ride along' with what's new.

A fair amount of investors is actually striving towards the easy profit without the proper involvement in the actual market. We all have ambitions and the cryptomarket can fulfill this ambitions for us but to actually achieve something the investor must commit and devote himself to the project he is actually investing it.
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I don't pity the newbies which are easily influenced by the big investors and false project presentations because they must think prior the investment and not just follow the market flow blindly without the knowledge about the consequences.