There are many misconceptions about Bitcoin in the wider community, which create a negative image of Bitcoin and trigger negative things that harm the crypto community and ecosystem. Moreover, some countries with low literacy always associate Bitcoin with negative things. So, how do we "view" Bitcoin correctly?
This is often an understanding that must be emphasized as much as possible that Bitcoin is a digital asset that does not have a physical form. Many out there try to sell "Bitcoin" physically and deceive many people, especially beginners who do not understand what Bitcoin is. Bitcoin is a digital currency that is obtained by being "mined" using computational power in a "Proof of Work" (PoW) system.
#2 $BTC Not a Tool for "Getting Rich Quick"
The general public also often considers Bitcoin to be a tool for acquiring wealth. Many also believe that Bitcoin is a marketing tool and has a system similar to MLM. In fact, Bitcoin is one of the "rare" instruments that can serve as a hedge against inflation. It is not Bitcoin that keeps rising, but rather the value of money that continues to weaken and prices become relatively more expensive.
Many people, especially the general public, have the understanding that the price of Bitcoin will continue to rise without any decline at all. In fact, this is less accurate because Bitcoin moves in a cycle. There are cycles where prices continue to rise or bull market cycles, and there are also cycles where prices continue to decline or bear market cycles.
#4 Owning BitcoinMust Have a Long-Term Mindset.
Therefore, as a "holder" or a term for those who invest in Bitcoin, a long-term mindset is an approach that must be adopted. Do not just "dive in" with all your assets, try to buy slowly, try to pay in installments, try to learn more deeply because Bitcoin is essentially a "currency" where holding Bitcoin is the same as holding other currencies.
