I understand that nothing is guaranteed but your stand on the future of Bitcoin is totally discouraging.
If we don't have some level of faith in Bitcoin that it will give us good financial return in the future, how do you expect one to be committed to buying and holding? Some of us are not just following the crowd to buy but doing it dutifully as a retirement plan and part of what we will be handing over to heirs, with your position in Bitcoin, it brings some form of fear and skepticism. People who had this opinion a decade ago are today regretting why they never got started with Bitcoin the moment they knew about it; I'm sure 10 years from today some people including you will always regret why you did not take this seriously when others were taking the risk anyways. I will try my best not to allow this deter me because there is a saying that "no risk, no reward".
It’s understandable that there is no guarantee eventually if we do everything right, I also learnt we should really not be concerned about profit at some point, if we’re mainly focused on profit which might make us sound like an trader, And as a Beginner we should be more interested in continuous accumulation and to be more aggressive if we have the opportunity to do so, I’ve been motivated in a long run in my journey of building a successful bitcoin portfolio and trying everything possible to have a successful investment, but I’m quite confused about having faith or believe, Or we should be more interested in following the right strategies that are discussed here for us to learn and grow, Is faith really the guarantee for a successful future in Bitcoin ?
When it comes to bitcoin investment, faith and believe are completely irrelevant, because bitcoin was not founded on religious ground. So you faith or believe changes nothing. To grow your bitcoin portfolio and become successful at the end of your holding period, you should be more interested in following the right strategies that are discussed here for you to learn and grow as an investor. Remove any thoughts of faith and believe from your mind, that's not what makes a successful investor.
Maybe, he wanted to say confidence and said faith. It's very important for one to grow his confidence in bitcoin because that's what will determine his level of aggressiveness within his discretionary income. Investors who invest in a whimpy way have small confidence in what bitcoin price can be in future, if not they wouldn't mess with their chances of multiplying their wealth in future by accumulating with a good amount.
However, a new beginner without any confidence in bitcoin can start investing with very little amount of money as little as $10 every week overtime. As he continues buying and having experience in the price movement of bitcoin, that will increase his confidence after one or two years and that investor will decide to increase his DCA amount because his confidence in bitcoin has increased. However, it's better to be a low coiner than a no coiner.
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How do you know what he wanted to say? Are you in his mind or you are a mind reader that you are so sure he wanted to say "confidence".The spelling of confidence and Faith are entirely different, so you shouldn't be talking about him wanting to say confidence in the place of Faith. Or are you his advocate? Do you know you can be wrong about him wanting to confidence in the place of Faith. What if he come online and still maintain he intentionally wanted to say Faith, how will you feel at that point? Let people come and defend whatever they said on their own rather than trying to inscribe another meaning in what was written by another person.