Quote from: EL MOHA on June 25, 2025, 11:04:57 PM

Quote from: KingsDen on June 25, 2025, 09:47:44 PM

No!
Today's investors cannot develop same strong resolve as early bitcoin OGs for some reasons;
The early adopters didn't buy bitcoin with huge amount of money. A few hundreds maybe. But today, you have to hodl in thousands to be sure if great returns. Someone who invested $100 could forget it forever, but this cannot be said about someone who invested $100k.

So there is a paradigm shift and it's between different generations of crypto. So, I do not expect so many people to hold more than two circles.

Part of the reason why today’s investors cannot also develop the strong resolve like the early adopters is simply because majority of them came with the mindset or narrative that bitcoin or cryptocurrency at large is a get rich quick scheme and that they can make it with some years of holding, this is practically why you see bitcoin dipping from little news that shouldn’t be making them even shiver because the mindset was wrong right from the start.

The early adopters were people that actually believed in the project and weren’t all about the profits it will come up with that’s why most of them are even the main propagators of using bitcoin as payment option uptil now, so the early adopters resolve will hardly be matched by this new adopters because the mindset isn’t the same

You are definitely correct about this. The early adopters of Bitcoin were more concerned about the development of Bitcoin and making people to believe in it. They were just a group of developers working on the network and almost all the early adopters were skilled and developers trying to develop the Bitcoin network. As things may go right, it worked for them and they became immensely rich as the price of Bitcoin went high.

Today we no longer have believers or we have a few of them. While the majority of people are after the profit (quick gain)