Post
Topic
Board Beginners & Help
Re: Your take on Bitcoin adoption trust issues
by
Myleschetty
on 07/11/2022, 21:00:50 UTC
Today I had an opportunity in engaging with some youths, Immediately after Church service, discussing the future of Bitcoin, Their knowledge so far, And what their expectations are.

After long discussion, I found out that a lot of misinformation has be spread to those young lads about Bitcoin, How violating it is, how it can rekt someone, and lot more
It is never the fault because a lot of them join the crypto scheme with the hope that once they invested in Bitcoin their investment will rise. I also once speak with an old friend he's talking about buying a car and I told him that's not an investment and that instead of him buying a car now if he invests the fund in BTC he will thank me when the 4years circle of BTC is achieved.
He told me he knew about BTC and he once invested in it but make lost, I ask him what really happened. He explained everything to me and I see that a lot of newbies always panic sell when their investment in BTC is experiencing a downtrend because they don't understand the market volatility and the potential of the 4 years cycle.