Post
Topic
Board Bitcoin Discussion
Re: Bitcoin doesn't give you instant 100 percent profits
by
Supianto
on 05/05/2023, 05:43:37 UTC
Agree. I know one friend who thought that if he will buy Bitcoin he will make x10 the next day. In the end, he lost 10%, got scared, sold crypto, and said that it's a bubble and no one should buy it haha

So yeah, people who don't know what Bitcoin really is think that it's easy money.
That's why we should educate people about Bitcoin. If people will understand that in order to gain profits you should HOLD bitcoin. If more people will be just holding it, it wouldn't flactuate that much and will grow more stadily.


We should educate people, I agree, but only if they are interested in it. I've heard a lot of stories of how people are trying to "promote" Bitcoin to their family, coworkers, friends and etc. And it's almost always a bad idea because people start looking at you as a cultist or part of a Ponzi scheme.