I'l be honest, sometimes I feel like I am wasting my time trying to help people understand the investment opportunity in front of them right now. I spend hours upon hours researching and then on a random day my entire morning writing a blog post where I pour out every bit of information that I think could possibly be helpful. All that for maybe two likes and a couple comments on Facebook. Yes it is disheartening and at times I feel like I should stop sharing. That said, I simply can't sit here knowing about something so amazing and not trying to get just a handful of people to understand the opportunity they have.
The crazy thing is that people act like they have other options for investing. Are you not aware that the system is rigged? To make money as an investor you have to already have large amounts of money. If you are not an accredited investor then good luck trying to invest in the next Billion dollar company. What you don't realize is that you live in a system where you are not allowed to invest your hard earned money, because the government doesn't believe you are smart enough to make those kind of decisions, even though it's your money.
Then, as if from heaven, the Blockchain falls into our laps. Early investors into Bitcoin are millionaires now. It wasn't accredited investors that reaped the benefits, it was average Joes, it was computer science guys, it was people who discovered it on a message board somewhere. They believed in this technology and they knew that it had the potential to give the power back to the people.
For years now critics have said: "it's a bubble", "the government will regulate it"," Bitcoin will crash and die" "its too good to be true." Earlier this year when the price soared critics repeated, "it's a bubble" "it's too late to invest now" "the government will regulate it."
Well, the price keeps going up. We do see the price fall from time to time as the market corrects itself, but within a few weeks or months it soars again, stronger than before.
IT IS NOT A BUBBLE
It is volatile, so yes, the price will fluctuate and if you do not understand that then you will freak out if the price drops. What you need to understand is that those price drops will correct themselves. If the price hits an all time high and people start pulling money out to collect profits, and you pair that with people who are moving money from Bitcoin into other Cryptos then yes that will cause a price drop and sometimes large ones. Then, those who are wise say, WOW the price dropped, woohoo time to buy more. So then the market starts getting flooded with people buying back in, paired with new people buying in, and a few whales buy up millions at low prices and before you know it the price has gone up by $1000 in a few days.
Also, we are still living in the early early days of Bitcoin. Sure, you missed out on the opportunity to buy when it was less than $1, $10, $100, etc.. But don't let that cause you to miss out on buying it before its $10,000, $25,000, $100,000, etc..
Did you know that the market cap of Bitcoin is still only $93 Billion? Now I say only, and some will laugh because we have hit all time highs today, but that is still just a drop in the bucket. The U.S. is in debt $20 Trillion. When the market cap of Bitcoin reaches $20 Trillion, which you can bet your ass that it will, the price of 1 Bitcoin will then be close to $1 million. Everyday new people are learning about Bitcoin. Everyday new people are investing into Bitcoin. As of today the $93 Billion is made up of less that 1% of the worlds population that own Bitcoin. 25 % of the world population are people who are unbanked but have internet access. Bitcoin and Blockchain Technology will bank the unbanked. For all the people who live in third world countries and have family members who live in America who want to send money to them but cant, Bitcoin solves this problem. For all the people living in Catalonia or Venezuela who are having their liberties stripped away and their money failing overnight, Bitcoin solves this problem. SO many people trust in governments, banks, and corrupt industries with their money. Those who are waking up to the fact that they are being robbed are turning to Bitcoin. So if you think the price of Bitcoin is high now or is a bubble, just wait until the Billions of people who are ready for a better way of doing money move to Bitcoin.
THE GOVERNMENT CAN NOT REGULATE BITCOIN
The only way to fully regulate Bitcoin is to shutdown the entire internet. If that happens then you have a lot more problems to worry about than Bitcoin.
Most Governments do not want to regulate Bitcoin. Believe it or not, Governments realize the potential of Blockchain technology. They will regulate exchanges, and already have. They will regulate ICO's and already have. They will try to regulate to the best of their ability if they feel it is in their best interest, but any attempt at stopping Bitcoin or the Blockchain will fail. China put regulations on exchanges, and ICO's last month and fear entered the community because people didn't understand what was happening and the price went don't as many pulled out. Then, those running their exchanges in China said screw you China we are going to Singapore. People like myself took advantage of the cheap prices and the price soared again. Higher than ever. Every country in the world would have to work together just to try and stop Bitcoin. When is the last time every country in the world tried to work together? That said, believe it or not, governments are not trying to stop it. Most of them have realized they can't, they are embracing it, and awesome technologies are being built on the Blockchain everyday. All the while you are sitting there worried over something you don't understand, rather than taking the time to join the community, research it for yourself, see all the amazing things that are happening, and make a ton of money in the process.
I am growing tired of trying to convince people, but at the same time every time my investment doubles I regret not getting others to invest. It's your life, do what you want. It's your money, do what you want. I'm a Libertarian so I believe you should have the freedom to do what you want to do. That said, just do yourself a favor and at least learn more about it.