Quote from: andriarto on April 19, 2023, 05:08:57 PM

Quote from: firesurfer on April 19, 2023, 04:44:27 PM

Many people are still constantly questioning their faith in investing their money in Bitcoin and accepting other cryptos to get rich faster. The truth is that Bitcoin has been consistently bullish over the past 14 years and other cryptocurrencies have not. Perhaps beliefs about overnight wealth need a lasting change. Only Bitcoin is the crypto with the most sustainable increase over time. Don't worry too much about discount periods, see them as buying opportunities.
Bitcoin may be technologically outdated, but the core value and original meaning of an inflation-resistant currency is the most important factor for us to believe.

right, most people join the crypto world to double their money, so many who dream will have multiple results. but unfortunately many of them lack knowledge about cryptocurrencies, so the opposite happens, disappointment and trauma when they hear about cryptocurrencies. therefore we must know in detail what we will invest. and actually the risk of investing in crypto is not big as long as we know its characteristics well

The best example on this is the people who sell of early because they panic on this , they are lacking of knowledge and just jump into the hype and they are thinking that the price will keeps climbing and not thinking the opposite which they will tend to say that it is a scam and they got a losses. If you have knowledge you will know what to do on that moment and see it also an opportunity to buy more as the price drops