Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin close to becoming totally irrelevant for most "normal" people??
by
Shasha80
on 08/01/2022, 23:30:54 UTC
Many newbies don't learn Bitcoin from reliable information, so they misunderstand Bitcoin and don't understand how Bitcoin works. So most newbies
are just in a hurry to invest in Bitcoin and expect instant profits, so they think Bitcoin can make people rich instantly. Yet the reality is not like that,
only people who have good knowledge and experience in crypto world, who will succeed in profiting from Bitcoin.
They may learn it from reliable/trusted information but they didn't understand it properly. The perception of instant profits or easy to be rich in crypto is the main mistake here. They will fail and won't last a long time in crypto if they only focus on that perception. It is not easy to succeed in crypto investment, I myself already experienced too many losses before earning good profits. If the newbies didn't change their perception, they probably will state BTC is boring after losses 2 or 3 times.


Indeed, sometimes we learn Bitcoin from a trusted source also does not guarantee that we can understand it correctly. If indeed we have
difficulty understanding Bitcoin, there is nothing wrong with looking for a mentor who can guide us to understand Bitcoin properly. Or we can
spend money to take the course, that's much better in my opinion, because usually if we follow the course it will be easier to understand Bitcoin.
That way we will be more patient to get profit, because sometimes like you said we have to lose several times first when investing in Bitcoin.
But because we already understand how Bitcoin works, we won't think negatively about Bitcoin. Therefore making a profit in the crypto world is
not as easy as imagined, we need to be patient through a long process to be able to generate the profit we want. So don't ever be lazy to learn
everything about the crypto world, even I have been in the crypto world for more than 5 years and I still haven't stopped learning.