Quote from: Renampun on Today at 05:22:11 PM

Quote from: Silberman on February 16, 2022, 05:56:46 PM

Quote from: btc78 on February 12, 2022, 10:20:39 AM

Quote from: Renampun on February 10, 2022, 10:09:47 AM

Quote from: GoodLuckHK on January 09, 2022, 01:17:53 AM

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Unfortunately this is very common, a lot of people see the ads on the Internet about how someone with no experience bought bitcoin and then they became rich and then they want the same for themselves, not understanding that while such a thing is possible very specific circumstances had to happen to produce that result, so when they come to the market with those mistaken ideas and then they realize their dreams were never possible they get disappointed in the market and then they incur massive losses.

the things you mentioned are true often happen nowadays...

with more and more famous name bitcoin, automatically encourage people to try to buy bitcoin with their minimal experience. they don't want to learn first the history of bitcoin, and also the history of its price, all that comes to their mind is profit and get rich overnight. I always remind new people that buying bitcoin is easy, but understanding it and believing in it takes time.

this happens because of the belief of buying and holding for a long time and making a profit of 2X or more. just think:

if people hear about bitcoin, when they hear about bitcoin they hear about holding so they're just going to focus on buying and holding, they're not going to focus on a lot of technical details and know about bitcoin history, that's what they knew then what matters to them is to do hodl