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Quote from: Pablo-wood on October 21, 2023, 05:50:24 PM

I am asking this because not everyone has made tangible profit for holding. Just like myself I end up selling at a loss most times just to solve a problem. Some might be lucky to buy at a low rate and within few weeks or months the price just pumps to their favour. This kept me wondering if Bitcoin is actually for every one or it is a scheme for selected individuals..

It seems that you are involved in trading and if trading brings you losses, it is better to change it into an investment that saves it for the long term, because in my opinion this method is more profitable because Bitcoin over a long period of time tends to rise, especially when it starts to end the bearish period because it is time its good to start accumulating and selling them when the price starts to rise, and Bitcoin is for everyone either as a means of payment that can be used or as an investment tool that provides profits if held longer.

Even if he holds and loses, that doesn't mean bitcoin isn't for him. Just like in life, when we encounter problems that cannot be solved, do we say that this life is not ours? Bitcoin is just a tool for us to take advantage of to make money and whether we make money or not is completely up to us. Because we invested greedily, without a specific plan, and lost money, we blame bitcoin and say it's not for us. But if we look closely, is it our fault or bitcoin's fault? When we fail, don't try to blame anyone or bitcoin, but ask if we did right or wrong? Why can many people do it and we can't, where did we go wrong?

We know to ourselves that a certain thing that we do is really for us, for example we really like biking but get tired easily by just a short travel. My point is, doing something that you like and love is literally a different thing. Which is the same thing in investing in crypto or to Bitcoin, you could realize if doing trading doesn't really for you as you prefer securing your money in long term than profit in just a short term. Now that if even for a long term investment doesn't suit for your preferability, for sure you know that Bitcoin doesn't for you, of course we know that Bitcoin is just a tool that could help many people by takign advantage of it's volatility but personally you would know if its for you, cause there's a lot of options out there that you could use as money sources.

I think bitcoin for everyone. Look at it from this perspective, anyone who wants to invest, they have the opportunity to do so. Unlike other assets such as real estate, investing in real estate requires a lot of money and only rich people can do it. Poor people have never had the opportunity to invest in real estate.

For someone or anyone who feels that they are not comfortable investing in bitcoin, it does not mean that bitcoin is not for them but that they do not feel suitable for it. But if one day they have the need and change their mind about wanting to invest in bitcoin, they can start with it at any time. So I think, the concept of bitcoin not being for them and the fact that they are not ready to accept bitcoin are two completely different things.