Post
Topic
Board Bitcoin Discussion
Re: Bitcoin popularity.
by
Biggy001
on 31/10/2024, 07:30:13 UTC
Bitcoin is one of the best investment right now in the world and some people are already going into it however there is still larger number of people who has not started Bitcoin investment and that is why Bitcoin still has a long way to go, the more popular and the more people invest in Bitcoin the more valuable it will become.

With the level of what bitcoin has attained now, those not investing are only doing their self because remains irresistible and unstoppable, its value keeps increasing even as the network remain trusted as ever before, those that have adopted for the use of bitcoin

Some people stop Bitcoin investment after some time indulging in it and is because people who told them about Bitcoin didn't give them the right narrative

When we are not well informed, it will affect our approach on bitcoin, this is because those that informed us about it were unable to give the full information on what's been needed or expected form investing on bitcoin, but it's not bad anyway if we can also take out of our time to make some necessary efforts researching on our own about aspects of bitcoin network we are not clear about
Bitcoin has not gained enough popularity yet due to the fact that it’s not a volatile and stable coin. Investing in bitcoin is quite convincing but dangerous. When you are investing in an unstable coin like ETH and BTC you should have the mindset that you are gambling (you are a crypto gambler). Being a gambler implies that it can go in your favor or against you too. Some people has stopped investing in Bitcoin after being a victim of watching all their investments disappear thereby discouraging and telling people wrong motives and ideas about Bitcoin.