...If I don't like overhyped discussions so I just tell them it is far better compared to having their money saved in the bank for 1 year doing nothing I do this to avoid been held by my words if things goes wrong...
There is no doubt that investing in bitcoin will be much more profitable than keeping your money in the bank. Given the dynamics of the cryptocurrency market, the profit in this case can reach several hundred percent. But this will only be true if the market is bullish. Otherwise, 1-2% in the bank may be higher than you will earn on holding bitcoin.
Basically what you said is true and for now the market is still in a bearish condition and that seems to be making some people hesitate to invest,
investing in Bitcoin is always a good choice and whether it is profitable or not depends on many factors
It do always falls down on how someone could put up some risk into their investment, if they could really be able to bare up with the risk then they would surely invest but if not then they would really be hesitating on
doing so and this had been a common reaction or thing on which most people would really be doing on this bear market.We are really that indeed that having the fear since we dont really like to lose money and we dont really like to see our portfolio in negative which it is really that very or pretty common having this kind of reaction since we are really just humans.
When it comes to patience and discipline then each one of us is really different in levels due to some several factors too.