Purchasing-Bitcoin

Why Many Are Reluctant To Invest In Bitcoin?

I Don’t Understand Any of This!

The number one reason why so many are reluctant to invest in Bitcoin is that they do not understand it and the technology behind it, the Blockchain.

These are good reasons. I fully understand and accept them.

I spoke with a lady yesterday about Bitcoin and her words were, “I do not understand any of this.” I think the mind shuts down after a while when it cannot process new information about anything.

I remember when I was in High School, I didn’t understand why or how someone could listen to jazz. What was the appeal? “How could anyone listen to such horrible and boring music?” What was the appeal? Did you have to be drunk or high on weed or something?

Yet, when I took a short class in “Jazz Appreciation,” my ears and senses appreciated listening to jazz. To this day, I love Smooth Jazz and Contemporary Jazz. So much so, I run and operate an online Smooth Jazz radio station over at WRIP – Ripped Radio Smooth Jazz.

My point is this: When one understands cryptocurrency and how it works – that is, sees the whole picture – their eyes are opened and they appreciate it and the technology behind it. It is not boring! It is fascinating … and, very lucrative.

If one would only take the time to understand the basics of Bitcoin, then they will have an easier time understanding other digital currencies. (This is time well spent because they would be investing in themselves and arming themselves with valuable knowledge that will benefit them).

It’s Too Good To Be True!

I hear this one a lot. I get it. But I assure you that it is true. My cryptocurrency investments are through the roof and headed for the stratosphere and then hopefully into the mesosphere and beyond.

The main cryptocurrencies I hold are:

  • Bitcoin
  • Ethereum
  • Litecoin
  • ZCash (doing OK but not moving, but It will)
  • ETHOS
  • NEO
  • DASH
  • Ripple
  • IOTA

RJ

A retired Information Technology Specialist and Foreign Service Officer with a large U.S. Government Federal Agency, Technical Instructor, Blogger, WordPress Instructor, Web Designer, Internet Marketer and Cryptocurrency Investor and Mentor.

More Posts - Website - Twitter - Facebook - LinkedIn

More Crypto Content
Privacy Coins
Two Privacy Coins That Should Be In Your Portfolio