• Crypto Lists
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Altcoin
  • Advertise With Us
  • Join our Telegram Community
Newsletter
ItsBlockchain
  • Bitcoin
    Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

    Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

    Bitcoin ETFs could have the same result as CME group futures launch in 2017

    Bitcoin ETFs could have the same result as CME group futures launch in 2017

    featured image

    How Bitcoin can be hacked?

    keep bitcoin safe

    Keep Your Bitcoins Safe: All You Need to Know About Crypto-Cyberthreats

    featured image

    Bitcoin IRA – Everything You Need to Know

    A trillion dollar tsunami is about to hit Bitcoin

    A trillion dollar tsunami is about to hit Bitcoin

    featured image

    Why Bitcoin will always be the number one cryptocurrency? Explained

    Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

    Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

    On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

    On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

    Trending Tags

    • Crypto Gems
    • NFT
    • DEFI
    • Crypto Lists
    • Altcoin
    • Crypto Market
    • Guide
    • IBC Capital
    No Result
    View All Result
    • Bitcoin
      Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

      Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

      Bitcoin ETFs could have the same result as CME group futures launch in 2017

      Bitcoin ETFs could have the same result as CME group futures launch in 2017

      featured image

      How Bitcoin can be hacked?

      keep bitcoin safe

      Keep Your Bitcoins Safe: All You Need to Know About Crypto-Cyberthreats

      featured image

      Bitcoin IRA – Everything You Need to Know

      A trillion dollar tsunami is about to hit Bitcoin

      A trillion dollar tsunami is about to hit Bitcoin

      featured image

      Why Bitcoin will always be the number one cryptocurrency? Explained

      Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

      Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

      On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

      On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

      Trending Tags

      • Crypto Gems
      • NFT
      • DEFI
      • Crypto Lists
      • Altcoin
      • Crypto Market
      • Guide
      • IBC Capital
      No Result
      View All Result
      ItsBlockchain
      No Result
      View All Result
      Home Crypto Market

      If 99% Of The Opinions You Hear From People On Bitcoin Are Fear, Uncertainty, & Doubt, and Only 1% of People’s Opinions You Hear On It Are Positive. Then You Should Know, You’re Still Very Early

      Guest Author by Guest Author
      October 28, 2021
      in Crypto Market
      0 0
      0
      If 99% Of The Opinions You Hear From People On Bitcoin Are Fear, Uncertainty, & Doubt, and Only 1% of People’s Opinions You Hear On It Are Positive. Then You Should Know, You’re Still Very Early
      251
      SHARES
      3.1k
      VIEWS
      Share on FacebookShare on Twitter

      I’ve heard the old saying of “you’re wasting your time investing in Bitcoin with so little, you’ve missed the boat” for years now.

      I remember hearing people say 2 Bitcoin would never be enough to do anything for one’s life. That’s worth $92 Thousand Dollars right now, and people are now dreaming of having even just 1 Bitcoin. I remember them saying 0.28 Bitcoin would never buy anyone anything substantial too, and that’s $12.97k right now.

      The point is most of the people you will ask about Bitcoin will always underestimate Bitcoin, at least until it becomes truly mainstream in an understanding-it sense.

      The fact that you see 99% of the people in the world today that are aware of it are still doubting it, is a clear sign of how early we still are.

      Once you start seeing most of the people you know start to say that it’s not too late, then you’ll know you’re no longer in early. But it still won’t mean that you’re too late then either.

      Sure, you won’t get the gains that you’ll get today when 99% of the world still doesn’t understand it and doubts its potential, and only 1% of them do. 1% who understand its potential after tens of thousands of hours of research into it, and years of experience riding its price waves as it spread and grew to become understood by even more people who are starting to understand it today after having some time in the market to experience it, growing that percentage of the population who will understand it exponentially faster given time to learn about and experience it. Each expanding the exponential factor of its reach for the next cycle.

      The adoption numbers reflect how early we still are too. Today, only around 114 million people are estimated to be Bitcoin HODLers from the data available now.

      • That’s less than 1.5% of the 7.674 billion human population of earth today.
      • 3.8 billion of which today already have smart phones.
      • 1.7 billion of which are unbanked, of which, 1.02 billion already have a smart phone.

      More than 98% of the world has yet to adopt Bitcoin, and 99% of the population still doesn’t understand it, yet already close to another 1% of that 99% of them are already Bitcoin-curious people who have Bitcoin, but yet are still to have the ten thousand hours of research and years of experience needed to get to properly understand it.

      “You’re early in an asset when 1% of the population understands it, and 99% still don’t.” – Michael Saylor

      Like Amazon in 2004 when it was fluctuating up to over 50%+ during its 4-year charts, going from prices like $59 dollars per share to $26 dollars per share within a 4-year time frame.

      It was “only a bookstore” people said, “they only have small knickknacks” they later said. “They can’t ever grow into anything life-changing, so it’s not worth it to buy any Amazon shares,” they said. “It was just a dot come bubble; it will eventually get replaced by Walmart,” they said.

      Today it is worth $3.2k. Over 100x gains had you dollar cost averaged small amounts then and ignored the uneducated F.U.D(Fear, Uncertainty, and Doubt).

      You know who knew differently and didn’t avoid it, or panic sell it because of the uneducated speculation of F.U.D from the 99% of the population’s uneducated opinions on Amazon’s stock? It was those who understood its fundamentals like Michael Saylor.

      Those like him knew that what Amazon could grow to was beyond anything that they could imagine or comprehend then. They knew the value of the markets it was adapting to and changing, and the value that it was generating and adding to the markets with the changes it brought to them, evolving the markets it went after and making them more valuable with its improvements to them in their processes that cut out middlemen and storefront building lease payments that were passed on to the customer’s product’s costs. Those guys are among the richest people in the world today.

      So next time you see FUD on Bitcoin from 99% of the population around you, remember that is a clear sign that you’re still early.

      When they all start saying what I’m saying, then you’ll know that you’ll no longer be in early like those who are in and starting to get in today. Luckily, we have plenty of time before the other 99% of the population comprehends it. Because understanding it doesn’t just mean buying it and holding it for a few months or a short year or two. Nope, it means studying it rigorously and experiencing its ride for multiple cycles. Only then does one understand why to DCA and HODL Bitcoin, with no matter how small an amount they can afford to responsibly put away at any given time.

      Even $5 dollars a week can change lives in this space. Hell, if all the Bitcoiners who haven’t been wrong in the last 12 years somehow manage to be wrong, then all you’d lose is $5 dollars anytime you can spare it. $5 dollars you’d spend any week on Starbucks, fast food, or any other number of things.

      But if we’re right, and now is in fact still early with the data we’ve seen and studied for tens of thousands of hours over the years that are indicating that the 199% averaged out yearly growth will still continue, then those $5 dollars a week can one day buy you a house only a decade(ten years) from now. A house you won’t be indebted to and work all your life to pay off.

      If the 99% of the population are wrong and you listen to their uneducated speculation and don’t dollar cost average purchase any Bitcoin responsibly, then you’ll still spend the $5 dollars a week on any number of non-essential items, but on top of that, you’ll be out of a house. Again. Again, because had you done that for the last 10 years when .0001% of the world understood or used Bitcoin, then you’d already have your house. Multiple houses in fact.

      Author Profile:

      Fausto P.

      Social Media Marketer, Trend Analyst, & Content Manager by day, and a Bitcoin and Cryptocurrency Saver and Miner by night. I’ve been studying Bitcoin for 5 years now, and with that came tens of thousands of hours of research into understanding it and its long term market growth trajectory. As someone who grew up in an underprivileged area to immigrant parents who came to our country with nothing, in an area where most people live paycheck to paycheck until they die. I eventually understood what Bitcoin would do for those like me who grew up for a life destined to work until we died. So now, I write about Bitcoin and the Cryptocurrency space every chance I get. Always trying to reach those like me, who without Bitcoin, would be destined for a life of work without ever being able to save enough money to live a life of financial dignity and decency.

      IBC-Transparent-Logo-(1)

      Subscribe To Our Newsletter

      Join our mailing list to receive Cryptocurrency investing and trading recommendations to your mailbox.

      You have Successfully Subscribed!

      Tags: featured
      Share100Tweet63Share25

      Subscribe to get notified on latest posts.

      Unsubscribe

      Related Posts

      ATOM Set to Explode after the Revised Tokenomics

      ATOM Set to Explode after the Revised Tokenomics

      by Aniketh Paul
      October 14, 2022
      0

      ATOM 2.0 Tokenomics will change the future of Cosmos hub and its native token. In this article, We'll deep dive...

      What’s Ahead on the Cryptocurrency Rollercoaster?

      What’s Ahead on the Cryptocurrency Rollercoaster?

      by Guest Author
      January 11, 2022
      0

      Cryptocurrency came on fast and furious and surprised financial experts, governments, and users alike with massive fluctuations and outstanding climbs...

      Discussing Bull & Bear Cases in 2022 with On-Chain Analysis

      Discussing Bull & Bear Cases in 2022 with On-Chain Analysis

      by Karthik Guttha
      January 9, 2022
      0

      In our previous on-chain market analysis, we mainly discussed that bitcoin needs to reclaim the $53k level, which is the...

      Highlights from 2021: The Year of Crypto

      Highlights from 2021: The Year of Crypto

      by Karthik Guttha
      December 31, 2021
      0

      2021 will be remembered as a year when we defied the odds.  We lost hope in traditional financial systems that...

      On-Chain Data Shows Open Interest is Reset to Previous Lows in May, Indicating a Spot-Driven Market

      On-Chain Data Shows Open Interest is Reset to Previous Lows in May, Indicating a Spot-Driven Market

      by Karthik Guttha
      December 12, 2021
      0

      The crypto market has been making violent swings over the past couple of weeks. The new covid variant, Omicron, certainly...

      Load More

      About Us

      We curate the best cryptocurrency projects with the intention of adding value for investors through the process of selecting, organizing, and looking after different projects available in the cryptocurrency market.

      • Trending
      • Comments
      • Latest
      Top 5 upcoming Token Airdrops (Step-by-Step Guides)

      Top 5 upcoming Token Airdrops (Step-by-Step Guides)

      November 22, 2022
      featured image

      List of leading partners of Ripple, and How they use XRP?

      February 2, 2021
      Top crypto coins for 2018

      Top 25 crypto coins to Buy in 2018 [UPDATED]

      October 4, 2018
      Top 5 DeFi Projects on Tezos

      Top 5 DeFi Projects on Tezos

      December 26, 2022
      Top 10 Ways to Make Money in Crypto

      Top 10 Ways to Make Money in Crypto

      October 19, 2022
      crypto traders 2021

      Top 5 Crypto traders to follow on Twitter in 2021

      May 29, 2021
      ATOM Set to Explode after the Revised Tokenomics

      ATOM Set to Explode after the Revised Tokenomics

      October 14, 2022
      EIP-4844 Explained | The Biggest Ethereum Upgrade

      EIP-4844 Explained | The Biggest Ethereum Upgrade

      February 7, 2023
      What Blockchain Can Learn From Barnes & Noble and the Jacksonville Jaguars

      What Blockchain Can Learn From Barnes & Noble and the Jacksonville Jaguars

      January 17, 2023
      RINO Enterprise Wallet launches free Community Edition

      RINO Enterprise Wallet launches free Community Edition

      January 14, 2023
      Top 5 DeFi Projects on Tezos

      Top 5 DeFi Projects on Tezos

      December 26, 2022
      Modular Blockchains: The Next Big Thing in Web3

      Modular Blockchains: The Next Big Thing in Web3

      December 12, 2022
      A Dummy’s Guide to Ethereum Rollups

      A Dummy’s Guide to Ethereum Rollups

      November 30, 2022
      Tezos Blockchain is Always Under the Radar but Continues to Excel

      Tezos Blockchain is Always Under the Radar but Continues to Excel

      November 22, 2022
      • Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

        Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

        29620 shares
        Share 11837 Tweet 7398
      • A Mysterious Bitcoin Whale who sold 3000 Bitcoins at 58K$, Bought back 3521 Bitcoins in the last three days

        9925 shares
        Share 3969 Tweet 2481
      • Top 10 Low market cap altcoins to invest in 2021

        7260 shares
        Share 2902 Tweet 1814
      • Top 10 NFT Crypto Projects You Should Know

        7257 shares
        Share 2620 Tweet 1638
      • List of leading partners of Ripple, and How they use XRP?

        6053 shares
        Share 2421 Tweet 1513
      ItsBlockchain

      We are India’s first and oldest Blockchain & Cryptocurrency publication platform started in 2016. We are a one-stop destination for technical analysis, cryptocurrency recommendations, and Blockchain technology resources.

      Buying Guides

      • Buy Bitcoins in India
      • Buy Bitcoins in China
      • Buy bitcoins in Russia
      • Buy Bitcoins in Japan
      • Buy Bitcoins in Turkey

      Important Links

      • Home
      • About US
      • Privacy Policy
      • Promote Your ICO
      • Submit post

      Follow Us

      Contact us

      support@itsblockchain.com

      © 2020 itsblockchain.com - Designed and maintained by Fanatic Coders

      No Result
      View All Result
      • Bitcoin
      • Crypto Gems
      • NFT
      • DEFI
      • Crypto Lists
      • Altcoin
      • Crypto Market
      • Guide
      • IBC Capital

      © 2020 itsblockchain.com - Designed and maintained by Fanatic Coders

      Login to your account below

      Forgotten Password?

      Fill the forms bellow to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.