Post
Topic
Board Bitcoin Discussion
Re: Bitcoin isn't dying, it's alive.
by
Silberman
on 03/01/2023, 04:15:03 UTC
Bitcoin is run by a community that is formed over a period of decade. People like Musk make fun of Bitcoin in the start and when they see an opportunity in Bitcoin they are jumping in. It up to the bitcoin community that how they respond to such opportunits, we are in position to either make or break them. IMO the bitcoin community is the one that gave too much importance to Musk and that's his sole reason of success in the bitcoin market. I guess its a matter of time when we will see maturity in bitcoin community.    
Having some sort of rich person end up being interested doesn't matter. I do not need Elon to tell me it's great to know it's great, neither need Warren Buffet to tell me it's too dangerous to know the risks neither. I am capable of making these calculations myself and I am fine with it and I am happy about it as well.

There is absolutely no need to make any kind of profit at all right now at all because I am in no rush neither, I know it's alive, I know it's injured or whatever you want to call it with this analogy right now but I also know it will heal and get better with time. Time is the only thing we need, time is the only thing we can't buy and that's why it matters so much.
Lamentably very few investors have this levelheaded approach to bitcoin and the markets in general, they instead take the approach of trying to outsmart everyone else by following the tips or insights of others, like influencers and famous investors, and as it is easy it guess those people rarely get any success as they do not really have a clear idea of what they are doing or why, so they end up believing whatever they are told and may believe that bitcoin is dying, when in fact bitcoin is still as solid as ever.