Bitcoin and crypto currency in general is the new era and I would advise everyone to get involved because it is here to stay. This is the time where basically everything around us has some sorta tech and as life has it we're all evolving by the day. Crypto is the new world order, yes, but it has it bad sides as well. As a novice back then I had my fair share of disappointments. And these disappointments were caused by my fear, fear of missing out, doubts. I met my emotions get the best of me. Don't do that. Don't let your emotions get the best of you.
You didn't state how your emotions led to your loss of opportunity or disappointment but you are very correct, it is not ideal to let your emotions becloud your decision in business. The motivation to invest or engage in any business dealing should be verified facts and not mere assumptions or emotions.
You are very correct, bitcoin (I am not sure of others) is the future of legal tender, and denying this fact is living in self-denial.
Crypto is the sure way to build a successful business or company and like I said it's the new world order. And with that said, this has been what my experiences with Bitcoin and cryptocurrency has been like so far.
You seem to be overexaggerating the impact of bitcoin on businesses. It's true that bitcoin can help businesses to have access to cheap and reliable financial transactions. It also helps businesses to overcome some impediments that are associated with conventional banks. But assuming that it is the sure way of building a successful business is going too far. There are other main or basic skills or resources that every business needs to survive and make a profit. Bitcoin might not be impactful if you dint have the basic skills to run a business.
My experience:
There's a high level of security. Crypto currencies are not always affected by inflation in the market and very volatile in nature. The convenience of trading at anytime and the easy made of crypto currency liquidity across multiple exchanges. There's equality and fairness on either sides of the market. It's always a win-win situation whether you're buying or selling if you know what you're doing. And there's also a high level of transaction freedom.
Please feel free to share your experiences with Bitcoin and other Crypto currency
Bitcoin has always proved to be a hedge against inflation but in recent times it has been affected by inflation and some other economic indices. Therefore it would also be slightly out of place to assume that it is not affected by some economic factors. Bitcoin is accepted in most countries of the world and it can be easily converted to fiat. It has also proved to be a good investment especially if you are HODLING. This is because it has proved over the years that after the bearish market, the bullish era would always come.
Note: It would be appropriate if you focus on discussing bitcoin in this section. You can always talk about other cryptocurrencies in the altcoin section of the forum.
Thanks for clarifying that for me. Bitcoin has its ups and downs, and lately I've been lucky enough to witness the ups and the favourable aspect of bitcoin, all to the point of letting my biased judgement get the best of me and I'm sorry about that mistake.
And speaking of letting my emotions get the best me? I allowed the fear of missing out on great deals and profits when there's a high rise in the market overcome me and also the uncertainty and doubt that constantly plays in my head that what if Bitcoin crashes after a huge investment. These were the feelings and emotions that had the upper hand in my early days. Thanks.