Quote from: Dave1 on Today at 08:48:36 AM

Quote from: Gormicsta on February 29, 2024, 04:04:16 PM

Quote from: Onyeeze on February 28, 2024, 10:32:53 PM

Quote from: Parklane777 on February 22, 2024, 05:16:29 PM

People say that they don't know what is the btc and there is no clear story for them to trust btc.
But the same people don't know what is the money and how it's created and they are collateral or some type of security body by themselfes.

For the first time I know what's bitcoin I did not believe what's bitcoin until I began to understand that bitcoin is not a scam and it can be trusted, sometimes we have to invest in bitcoin and remove our eye on it, specially when we are on long-term investment, because it's obvious that cryptocurrency is all about understanding, many people have to millionaires and billionaire through bitcoin immediately they remove fear in cryptocurrency in question, we have to know such, you can make money through bitcoin when you research of bitcoin and it's investment.

It's true that many people have to overcome their initial skepticism and fear to really understand the value of bitcoin and see its potential as an investment. And for those who do take the time to learn about it and invest, there is the potential to make a lot of money. But with that potential comes risk, and not everyone will be successful. And this is the exact reason why it's advised for people who are interested in Bitcoin to first learn about it and equip themselves with the required knowledge about Bitcoin to avoid making rational and ignorant mistakes that'll cost you your funds, mistakes that would've been easily avoided if only you took time to study about Bitcoin and the best investment technique to employ.

I don't know if you will not be successful in bitcoin investment. I mean if you do your homework, like a simply buy and hold, then most likely you will make a lot of profits. Of course, it will take a lot of time, because the best strategy is to buy during the bear market and then continue it and wait till the block halving, as it it the catalyst for a bull run and time when we are in the bull run and about to reach all time high.

So it's not that easy, it will take years to do it (investing on bear market, 2022-2023), and this year and the next year is the bull run. So that is a lot of time for the majority and perhaps for them they don't have the patience to stay that long and make a lot of sacrifices.

Only those people who have done their homework are the ones who would really be able to make themselves that being successful.Although it wont really be that a guarantee since not anyone who do make out their
research do ends up on succeeding towards this market. There would really be still loses due to bad decisions, the only edge here compared into those people who are really that not making any research is that
they do really just that make gambling since there's no basis in towards the decisions that they are making but rather it is really just that pure random.

We do know that we arent all knowing being on which there are really things in life on which we dont even know. This is why when curiosity kicks in then this is the time you would really be making involvement.
This is why we do see different outcomes and different results on which it would really be that something that you would really be needing to know at least on what you are doing.
People do have that knowledge will really be always having the advantage.