Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is the most profitable investment year to date.
by
FortuneFollower
on 28/10/2024, 11:03:54 UTC
~snip~
If there are people we want to convince to invest but who are still doubtful, we can point them to this thread. They can ask questions, and we’re ready to share facts with them.


I have always been of the opinion that people should not be persuaded to invest in Bitcoin, because some of them will react very negatively to such "persuasions" - which has some logic if we take into account that there is a theory that says that the price of BTC rises only for reasons that those who have already invested are persuading others to do the same.

In addition, all the risks that come from trying to persuade your friends and acquaintances to do something are simply too great to be worth the risk. In addition to volatility, everyone is susceptible to hacking of any kind or even physical attack - and if that happens to them, guess who will be the first to blame?

Bitcoin is truly something that has exceeded most people's expectations when it comes to price growth, and those who realized its potential in time certainly have far better financial stability today than others.

Price of BTC goes up as more skin is put into it by everybody - common people, whales, institutions, and so on. That's my view on it.
It got to the point of being able to be used as the reserves on someones national scales, that says a lot about its path that it took and still going.