Quote from: Stable090 on June 02, 2024, 04:45:23 PM

Quote from: Sobz on May 15, 2024, 10:25:36 AM

I see more of success stories of bitcoin, like how people invest bitcoin for their parents, uncles, and themselves to make fine profit. These stories are very interesting one and good to listen of what bitcoin has done for people but it makes me wonder if people don't have stories of failure about bitcoin.

I don’t even believe most of the stories that I do hear, nobody wants people to know that they are losing, everyone just keeps on talking about their success story, which I know most of them are fake, some of them are just saying it to encourage people to invest in bitcoin, which is wrong to me. If you want people to invest in bitcoin, you shouldn’t deceive them with your success story, just tell them the reality so that they will be prepared for it. If you have lost before, make sure you tell them about it so that they won’t end up being disappointed after joining.

The truth is that people are really making money from Bitcoin investment. However, there are also some people who are also losing money in Bitcoin investment due to various reasons. These reasons could include scams or selling off their Bitcoin during a bear market due to panic.but I believe that those who hold for a long period of time, like 4 years or more, and are able to experience bull run and sell at the right time are making reasonable profit from their Bitcoin investment.

There are some people in this forum, especially newbies, who come up with stories that Bitcoin has make them rich . I am aware that many of them are just lying and doing it for merits. In fact, this type of stories has stopped recently because they are not more receiving merits anymore.infact Some of them who always come up with this type of stories have not even invested in Bitcoin before but just doing it to get attention of people in the forum.