I'm seeing all these news outlets and so-called experts saying awful stuff about my bitcoin. They're saying it’s crashing, might go to zero because it has no real value, and it's just the same old song every time bitcoin takes a hit. I’ve gotten to the point where I just want to throw pizza at the TV whenever another doomsayer speaks up.
I’m not buying into this negativity. Like many here, I jumped on the bitcoin train after realizing the benefits, like sending and receiving "money" outside the traditional system and having a bit of control over my finances. I’m all about supporting the vision laid out in the white paper, which clearly states it's gonna be super volatile but tends to trend up over time. I plan to hold onto it since it’s only about 10% of my savings. I’ll only sell if I need cash. After all, if bitcoin survived all those previous drops without crashing to zero, even if it doesn’t have intrinsic value like gold, there’s still a loyal and speculative bunch out there who will buy it up at some point. And who knows, that price might be higher than what I paid on average if I keep buying gradually and for the long haul.
The only downside for me? Cleaning up the pizza stains on the carpet in front of the TV. Not a big deal, really.
What do you think?
Pizza Problems
6 replies 202 views
paul_omegaFull Member
Posts: 54 · Reputation: 311
#2Feb 8, 2025, 07:43 AM
All that is a part of an elaborate scheme orchestrated by the Bitcoin network for some cheap promotion. The negatives such as this one always comes out loud and gets people scared of investing in Bitcoin, even those to have invested, a lot of the gets tensed up on how far it would dump. Meanwhile, a good fraction of these individuals were looking out for when Bitcoin would dump so, they could find some entires to purchase some.
The positive that comes out of this is the fact that, eventually, Bitcoin gets more popular even for the wrong narratives propagated by the media and when the bulls finally come in, they carry the message, we have some regrets and some by standers Bitcoin fanatics looking to invest and hodl.
The web is full of posts that only bring despondency. As you read, it feels like the world is collapsing, and you haven't even had time to withdraw the money. He-he, although personally, my amounts are not as deadly to lose as the capitals of whales.
But what's really going on? Yes, the bitcoin exchange rate is not encouraging right now. Yesterday there was one value, today there is another. People are panicking, and social media is full of disturbing headlines and gloomy forecasts. Someone seriously writes that "this is the end," and someone is already calculating losses, without even trying to figure out what's going on. The history of bitcoin is generally a continuous swing: ups, downs, ups again.
What to do at this time if you scroll through the feed and come across another "apocalyptic"post about bitcoin, pause, turn off the Internet. Don't rush to grab your head and click "sell". The cryptocurrency market is not a walk in the park, it will always be stormy here. And what looks like a disaster today may turn out to be just a wave tomorrow, after which a new upswing will begin.
OP, buy a vacuum cleaner that moves independently, a good investment to live in information purity.
hodler2019Legendary
Posts: 2182 · Reputation: 12913
#4Feb 8, 2025, 12:00 PM
The media always wants to control the mentality of people. They have been spreading negative things about Bitcoin before. But in most cases, everything they said has been proven false. It will be the same in the future. Just keep your faith in Bitcoin. Think logically and don't judge based on emotions and people's thoughts.
It is been a longtime scenerio. Maybe that might even be part of the reason Laszlo Hanyecz sold his 10,000 bitcoin. But in his case, bitcoin was just new and the potential for increase has not been properly documented. This time around, historically we have now seen and able to trace the records of the prices of bitcoin at peak, low, peak, low etc which is as a result of halving leading to bull season and back to bear season. So we can't avoid the discussion of these seasons in the life and story of bitcoin. Bear season is usually time that panic is created in the cryptocurrency market and some smart hodlers join the fray to dump yet wait to buy more than they have dumped when the price have really gone down, they buy cheaper and more units to hodl for bigger profit. This is not to cause panic because for experienced bitcoin enthusiast, they already expect such emotional social media debate at a time like this.
degen_nonceFull Member
Posts: 134 · Reputation: 434
#6Feb 8, 2025, 08:06 PM
If you must have total control of your investment I would advise you shouldn't be that too open and easily being subjugated to what people are saying regarding the price of Bitcoin.
So, Media is something that is not good to pay attention especially when you are holding for long term, they could make you fall out of fate regarding to how long you have projected to hold your investment, that is why you must pay deaf ears to people that easily spread negative talks and things towards Bitcoin. If you projected to hold Bitcoin for 4 years or 10 years then you must learned not to be listening to media.
SilentYieldSenior Member
Posts: 145 · Reputation: 1003
#7Feb 9, 2025, 01:36 AM
Don't listen too much to stupid people, the media always uses propaganda to divert your mind from your success, they will scare you until you forget the real truth, Bitcoin has become a world class asset, it's not surprising that the negative sentiments from fud makers are increasingly innovative and make many people afraid, as a holder you have to be stronger, like holding glass in your hand in a bearish situation, this will pay off big time after everything disappears and Bitcoin prints a new ATH again.