Quote from: Marvell1 on Today at 03:33:18 AM

Quote from: rachael9385 on October 06, 2023, 02:36:14 PM

Quote from: Marvell1 on October 06, 2023, 09:17:16 AM

Quote from: Mate2237 on October 05, 2023, 10:10:40 PM

Because of the lack of knowledge to invest in bitcoin make bitcoin not for everyone.

I completely disagree with your thoughts, not only bitcoin but any investment, job or field with no knowledge, what can you do? You will not be able to do anything anywhere without knowledge, knowledge is a must if we want to start anything.

Bitcoin is for everyone, but whether people embrace it or not depends on each person. Like the saying goes, "when people really want something, they will definitely find a way", as long as they have determination, they can do it.

Many people have the misconception that bitcoin is only for tech-savvy people. That's not true, Bitcoin is for everyone, even those who know nothing about technology, as long as they have passion and are eager to learn, technology is not a barrier.

Yes, I agree with you, @Marvell1. @Mate2237 got it all wrong on this. Knowledge is the most important thing in everything one is doing, whether Bitcoin or not, even in our social life. If one doesn't have the knowledge to do things at the right time, that means the thing that is done at the wrong time is a total waste of time. Knowledge will help one know how to do something at the right time, but if one doesn't have the knowledge, the person will do what he wants at the wrong time, just like knowing that Bitcoin is for everyone but they don't want to take advantage of it. Without knowledge, one won't know that Bitcoin is for everyone or even if the person does know that Bitcoin is for everyone, the fear of risking their funds, the person will not take advantage of it.

Satoshi created bitcoin with decentralized nature and even he couldn't control it, which means he wanted to create it for everyone, who loves freedom and respects their privacy. Just like wealth, no one can stop us from becoming rich except ourselves. If we are lazy, do not make efforts, and refuse to accept challenges and risks, how can we become rich? Clearly, we are making ourselves become barriers for ourselves. Those who always say that this is not for them, that is not suitable for them, are just excuses for their laziness.

If we don't know, let's learn. If you can't learn it yourself, ask someone else to teach you. If others don't teach you, find someone else. As I said, if we really want it, we will always find a way to achieve it, it's all just an excuse for our laziness.

Yes, it is true that Bitcoin is decentralized and for Bitcoin to be decentralized, that's what makes Bitcoin private for everyone, so that no motherfucker can control it, not even the fucking government. Bitcoin is for everyone, and it is just for people to take advantage of Bitcoin and gain something from it.

The key to wealth is in our hands and if we don't work to get rich sooner or later, that means we are scared of taking risk, so risk is what makes us wealthy. Even in business and white collar jobs, they all have risk, both students who are going to school are going there to acquire more knowledge that they can use to make progress when they are done with schooling.

Someone can not become rich if he is lazy to work and being lazy is also the same as being scared to risk.
However, learning is a dual process. Those who don't have Bitcoin knowledge should learn from those who have the knowledge already, but they should not use the whole day to learn Bitcoin, as they are learning Bitcoin they should also invest while they learn.

Quote from: Altryist on Today at 11:01:07 AM

Quote from: JayJuanGee on Today at 01:54:02 AM

Fuck traders. That is a specialty field. Not very many traders actually make money, and it is not very smart to just jump into trading if you think that you want to make money, unless you learn that kind of a specialty, and you surely do not need to learn how to trade in order to figure out how to accumulate bitcoin and to invest into bitcoin... unless you are just trying to lose money, entertain yourself and/or gamble, which might be all fun and games until you might spend several years of your life fucking around with that kind of fun and thinking that you are going to get rich when in fact you end up making no progress or getting anywhere and when you should have had been taking a more prudent and practical approach, especially when it comes to bitcoin .. which is likely one of the best (if not the best) investment assets that have ever come available.. and hopefully you are not so dumb as to waste a good opportunity by getting overly greedy and failing/refusing to take a more practical approach with such a great asymmetric bet to the upside (namely bitcoin).

Some traders can make money, but this must be assessed from the point of view that they previously had to spend a lot of time to gain knowledge, and perhaps all this time they were losing money. Statistics say that only a few percent of traders become successful, and for the rest it is simply a waste of money, time and perhaps nothing more than gambling.

We need to think carefully before engaging in trading, because we can simply hold Bitcoin and make a profit. This is not the only investment that can make a profit, but if compared with traditional directions, their payback can be from 5 years, at least that’s how it works for me. During the same time, Bitcoin is capable of bringing in several times more profit, so its advantage is obvious.

Bitcoin trading is just like another way of gambling and I don't believe that a beginner trader can profit from Bitcoin trading. It takes more knowledge to start Bitcoin trading and a new beginner trader will have a lot of knowledge of selling and when to buy, but Bitcoin investment is not like that of Bitcoin trading, so I do recommend Bitcoin investment for any beginner.