Post
Topic
Board Bitcoin Discussion
Re: What scares you the most?
by
mk4
on 31/10/2019, 16:48:48 UTC
maybe that is because you have invested more money that you can afford to lose. psychologically speaking people are more scared when they are taking bigger risks. that is why when it comes to investment they always say "invest what you can afford to lose".
so maybe it is time for you to rethink the amount you have put in.

There's definitely some truth to this, but it completely depends. I'll admit, I'm sliiiightly over-invested in BTC(I think I'm a bit too bullish at times). But even if I weren't over-invested and even if my finances won't be affected negatively a slight bit if I lose my BTC, it's still going to suck losing my holdings on a project that I'm very very passionate in.

But anyway, to answer OP's question, I'll answer the same. Losing my keys, or accidentally leaking my keys.

The government can banned bitcoin. But this is all they can do with the word!

And this is a nice picture where they have banned bitcoin.

So don't be afraid. Because they banned bitcoin would only result in a better understanding of it, and you're right "they will also lift the ban because they will see the good things it can do to our economy.
It's actually not the ban itself that most people are scared of. They're mostly scared of the highly probable price crash after a bitcoin ban.