Post
Topic
Board Bitcoin Discussion
Re: The purchase Bitcoin during its early stages.
by
Fesatmas
on 05/05/2023, 14:24:36 UTC
What is the riskiest or most unconventional action you have taken in order to purchase Bitcoin during its early stages, despite the lack of guarantees or promises that it would appreciate in value?
I bought Bitcoin on my curious basis why among many people around me talked about Bitcoin, and at that time I used the half of money from the loan money that I made at that time.
I did not think that there must be a guarantor for the purchase that I made at that time, I was only oriented towards that I was also able to buy bitcoin and join the environment that often discussed bitcoin. This is somewhat strange but the fact is that. I made a Bitcoin purchase so that I could enter the new friendship environment. quite risky and stupid. LOL

We are in the early stages right now. People don't realize that for those who came when bitcoin was at 1k, people who bought at $100 were the early adopters. For those who first bought at 10k, people who bought at 1k were early adopters. The truth is, you are still early adopters simply because the market penetration is almost none and so is Internet penetration. If I'm not wrong it's at 60%, so almost half of the world has no Internet access, so they never had a chance to buy bitcoin.

The internet network is still very minimal below 2015, so only a few people can connect with the internet and get to know Bitcoin, and I think it is also the initial stage is the adoption of Bitcoin in the world.
However, on that day people buy at the initial stages never think that there is a Bitcoin guarantor in his value, and even today no one can guarantee that Bitcoin can be even more valuable.