Don't bother talking about a lot of long-winded things, let's go, the journey is still good, there's nothing wrong with investing in it, except for those who are pessimistic and full of doubt.
Those who are pessimistic and full of doubt are not even to be talked to about bitcoin, as they are not for it, nor is everyone supposed to invest in bitcoin. If they are too afraid to see what's in front of them, then there is no point in even trying to convince them that this is how it's going to be or that they should invest in it. Everyone must not invest in bitcoin; some are made for other forms of investment.Of course, there is an expression that you get bitcoin at the price you deserve, and surely some folks are going to end up having to buy at a higher price, or have fun staying poor, or die as a no coiner/low coiner.
Choices/actions have consequences, including choices not to get started (choosing to not act).
Yes. We can spend only so much time to let people know about bitcoin.
So for example, one of us goes for a family gathering and we are talking with different family members, and the subject of bitcoin comes up.
We might say: have you heard about bitcoin
Family member: No, I haven't.. What is that.
Then you spend time explaining, and perhaps suggest that the family member looks into the matter and gets some.
Family member could have said that they heard about bitcoin but think that it is a scam, and then you respond, and end up coming to the same place in the conversation that they should look into it and maybe get some.
There might ONLY be so much that you can do, but if you brought up the topic or talked about the topic, then you might have done as much as you are able to do by suggesting that they look into it or maybe give a bit of a description of bitcoin and why it is important... but you can ONLY do so much with people who might not want to do anything or to get some.
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There will always be those who say it is too late and will probably continue to say so in the following period. But the question is why this is not an option against delaying starting so that people have a view to make a portion of investment. Bitcoin has made significant progress and will always be the best asset to invest in and regarding the delay in the process of starting can be a trigger for someone to continue collecting according to the capital capacity they have.If today we have not started then how long will we say so while the opportunity is still quite open for anyone. Buy and hold bitcoin so that we can see the growth of assets getting better in the next cycle and that is one way to get better financial stability in the future.
I don't always understand when someone says "financial stability" can be achieved by investing in bitcoin. Maybe I understand if they already have enough bitcoins stored in their wallet [say 10 to 20 btc] - but how can someone who only has 0.001 to 0.01 bitcoin achieve financial stability in the future?
I don't see how you conclude that bitcoin is expensive. You can buy pretty low amounts and so for example you can get more than 1,000 satoshis for a dollar. Seems like a pretty good deal. They are only going to get more expensive, and so for example when BTC prices get to a $million, then you will ONLY be able to get 100 satoshis for a dollar. You can think about bitcoin as expensive as you like or agree with you that bitcoin seems expensive, yet I doubt that you are helping the situation if you are actually either agreeing that bitcoin is expensive or if you are even thinking that bitcoin is expensive.
So maybe you don't have enough bitcoin and you are thinking that bitcoin is too expensive to buy at these prices? Or if you think that you have enough bitcoin yourself because you have somewhere between 10 and 20 BTC, then sure, maybe you don't really need to buy more. I mean sure, you framed the issue properly when you are saying that a person with 10 to 20 BTC may well start to feel that he has enough or more than enough, and a person with smaller quantities might feel that he still needs to get more. So why should the price matter for the person who does not have enough? If they don't have enough, then they need more, right?
The difference today is that about 2 weeks ago, Larry Fink said BTC would go to $700,000. But notice, a few months ago Rich Dad Poor Dad author, Robert T. Kiyosaki, said BTC would go to $350,000 this year sometime. Notice that $700,000 is exactly double $350,000. Was Larry Fink conning us, considering he got BlackRock entirely out of Bitcoin when he said the $700,000 thing?
BTC went up after the announcement, a little, but not even to it's previous all-time high. Then it collapsed to the $96,500 or so, where it is today. Sure, it took a few days for the collapse to happen. But the collapse was easily more than $5k or $6k. BlackRock was holding BTC in an upward climb. But Fink, realizing that Trump was going to mess with BlackRock, collapsed BlackRock out of it.
Now the question is, will BlackRock or someone else pick up the BTC climb? Or is this the demise of BTC? Was Fink spoofing us with his $700,000 prediction, just doubling it from what Robert T. Kiyosaki said? Or does he really see an answer in all this... an answer to make BTC grow?
Note that Fink is probably holding the funds inside a stable coin, and can toss them anywhere in a moment's notice.
BTC went up after the announcement, a little, but not even to it's previous all-time high. Then it collapsed to the $96,500 or so, where it is today. Sure, it took a few days for the collapse to happen. But the collapse was easily more than $5k or $6k. BlackRock was holding BTC in an upward climb. But Fink, realizing that Trump was going to mess with BlackRock, collapsed BlackRock out of it.
Now the question is, will BlackRock or someone else pick up the BTC climb? Or is this the demise of BTC? Was Fink spoofing us with his $700,000 prediction, just doubling it from what Robert T. Kiyosaki said? Or does he really see an answer in all this... an answer to make BTC grow?
Note that Fink is probably holding the funds inside a stable coin, and can toss them anywhere in a moment's notice.
You seem to be reading too much into these matters. Are you trying to trade? The question here (in this thread) is do you have enough bitcoin or not? If you don't have enough then buy, and if the BTC price dips keep buying. Hopefully you don't get psyched into failing/refusing to sufficiently and adequately prepare yourself for up because you are too busy trying to read tea leaves that do not matter. In other words, who gives any shits about what Fink and/or Kiyoski said.. They hardly know shit about bitcoin. They are Johnny come lately, and yeah, they are making a boat ton off of bitcoin, and whether they manipulate or not that is immaterial because they can ONLY do so much in order to manipulate bitcoin, and your job is to not get tricked out of whatever coins you have and/or failing/refusing to buy bitcoin because you believe that the BTC price might go down, and then again it might not and you are sitting there trying to be too smart about the situation.
Oh. I just looked at your forum registration date, and you have been around these here parts as long as me. You should know better than to be fucking around trying to trade bitcoin or talking nonsense. Hopefully you have enough bitcoin by now instead of trying to trade or guess about dumb shit or trying to suggest dumb theories to other forum members who also likely need to be making sure that they have enough BTC, when you should ultimately know bitcoin well enough to know that you need to make sure you have enough (and hopefully more than enough) by now.
It's never too late to buy Bitcoin if we're talking about long-term storage. Investing in Bitcoin is just as good as buying gold or real estate, for example. You’re very lucky to have discovered such an opportunity and ended up with such a profit. Still, my opinion is that it's never too late to invest in Bitcoin – study the market, look into strategies like DCA, and you can start gradually if you have the desire and means. But remember, you're responsible for your own finances and investments, and it's always important to calculate all the risks in advance.
Bitcoin is better than gold and/or real estate, and it is also better than other places that you can put your money such as stocks. I doubt that you have to calculate all the risks in bitcoin prior to getting started, otherwise, you might spend too much time trying to figure out matters that you cannot figure out. The best thing is to get started and then study bitcoin as you go and also figure out your finances as you go too. .. so if you start out conservative, you can increase your investment into bitcoin as you become more confident in it... but getting started is a great way to learn, and perhaps just start with $10 or $10 per week, and then work your way up to $100 per week or whatever your finances and psychology can tolerate...perhaps study into your 9 individual factors, but you don't have to have them all figured out in order to get started.