Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Pandorak
on 20/08/2025, 17:15:02 UTC
There are a lot of folks who continue to be skeptical and scared of bitcoin, which will likely be their loss, and there might not be any real easy way to either convince them and/or to get them to take action to protect their own finances, psychology and likely improve their future options.  Even people who we might try to help, they may start out buying bitcoin, but then screw it up and even put themselves into a worse position because they fail to adequately prepare themselves and to learn about bitcoin and/or to moderate their entrance into bitcoin.
Dear JJG If someone expresses doubts and fears about Bitcoin, then I think we should ask them why they can't trust Bitcoin? Is there anything else besides Bitcoin that is better than Bitcoin? If they can't trust Bitcoin and are afraid because of doubts about the financial security of Bitcoin, then they should also ask themselves, what else seems to them to be the safest thing besides Bitcoin?
Later, when they try to find the answers to all these questions, they will understand for themselves which one is actually the best, which is the safest, which is the most profitable.
If they have doubts in their minds that Bitcoin may or may not exist at some point [although I think the probability is 0.000001%], then the question for them is that if they store fiat currency, it can burn, if they keep it in the bank, the bank can cheat them. If they invest in gold, it can be stolen. If they invest in real estate, they can lose their money there too. In fact, nothing in the world is 100% safe.
But if you compare the security of Bitcoin with other things, you will see that Bitcoin is much more secure than other assets. Again, people invest in it to earn dividends. In the past, we have seen that investing in Bitcoin is the most profitable than other assets.
Bitcoin is more secure than other assets, Bitcoin protects assets from inflation, investing in Bitcoin gives more profit, so why don't people invest in Bitcoin?

I think skepticism toward Bitcoin is understandable, especially for those who don't fully grasp the underlying technology that makes people and institutions rush to adopt it. This is where knowledge becomes crucial, Bitcoin isn't just about buying or selling, it's about understanding and discipline. At the very least, we should have a basic understanding to avoid making mistakes. On the other hand, we can manage our investment exposure according to our capabilities (discretionary funds), and the rest is about being patient in the long term. The key is how we learn to be disciplined in managing the investments we have.