As your government banned Bitcoin, how do you do with what you accumulated before the ban. Did you sell it, or did you abandon it? Some countries' governments and the banning of bitcoin is not always straightforward, you can still use it to some extent, and yes, I'm also among those who, is profit is not possible, I might not consider bitcoin as an asset.

We can add as many points as we can, but I really admire your efforts. Still, if we think about it for a second, the list boils down to only one thing, which is people treating BTC like a lottery ticket, not an investment.

Then they act surprised when it does not behave like one haha.

To be honest, I did not need 10 reasons to hold it because when I came to know about BTC that made people a hell of a lot of money, and how they made money and what the cycle in BTC is like, such as the halving, I knew this was something undervalued. In 2022 the metaverse projects were giving me ideas that BTC was going to be the universal coin used in them, which it did, but they vanished and it stayed haha.

Regulations or bans by the government usually deter individuals to commence holding Bitcoin as an asset. This investment however needs peace of mind and long term view in order to prosper. It should be understood that the road to big profits is not easy. Give attention to long term objectives so that maximum outcomes can be obtained.

I totally agree with you, if someone really understands whey his investing in bitcoin, he will surely know that self custody is a responsibility. You can use hardware wallet or discretionary income but you must take security very serious because you’re the one in charge of your coin, and you need to secure your wallet at all cost from scammers.

That's  no hard things about bitcoin,  how do you explain this technical stuff to people that made them to be afraid of bitcoin? To newbies you don't have to read all the terms or understand everything about bitcoin before you invest,  because no one knows it all, bitcoin is a very big investment but it's very easy to invest in, learn how to buy and sell bitcoin on exchange, learn about risk management in bitcoin and crypto,  learn how to hodl and be patient in bitcoin investment,  these are the necessary things,  then the market prices.

People loses interest in bitcoin investment because those they lesson from doesn't know how to teach,  many see bitcoin as a scam project because of what they read online from people that failed to follow the rules od investment.  Bitcoin will not promise you quick wealth as bitcoin YouTubers will present in on their pages, if you learn from them and you don't get rich in a week you will definitely lose interest,  orientation matters thr most in bitcoin investment.

It is not just a matter of technical why people are scsred of investing in Bitcoin it is because they misunderstand the volatility of bitcoin.  They see the dip of bitcoin price as lose and when the price of Bitcoin pumps , it is seing at the best entery to buy bitcoin.  It is impossible is impossible to invest in Bitcoin when their is serious fear about the volatility of bitcoin and every dip will be seen as a threat and whenever it occurs it can even trigger one to sell their bitcoin. The problem people are having is that they lack the discipline to seek for knowledge but so confortble with the way they understand things and it is making them to go about bitcoin in the wrong way.

That is true the premise upon which, someone come to Know about Bitcoin and it's investment, is key because it forms the foundation of how someone will react to his investment. When someone who come to Bitcoin with the mindset of the hype and making quick money such a person is likely to get discouraged from investment. Because when once such a person finds out that what he or she is expecting doesn't come , there is high probability of getting discouraged from investment.

So its expected that, anyone who is coming into Bitcoin should have a good knowledge about Bitcoin. Knowledge will help you to understand and appreciate what Bitcoin investment is, and it will tell on how you react to your investment.

In reality, few of those who get involved with bitcoin are interested in its philosophy or its structure (the blockchain); they are primarily drawn by its high value, thinking they can make a quick investment and get rich overnight. However, upon seeing its extreme volatility and sudden price swings, they get scared and give up without ever delving deeper into the fascinating world of crypto.

Hard things in the Bitcoin argument of the past because there was enough negativity and things that were stopping people from having bitcoins and taking advantage of its features. Now it's almost touching new highs of adoption and having a good number of people in the community who are feeling comfortable and doing good because things are going easier and are good for its use and accumulation. Security and data leakage are surely something problematic because now there are enough ways to hack or scam people. Those who do not have enough understanding of risk factors, but they always need to keep themselves good because it's always important to hold. It's always good, but taking precautions is also most important; they are developing themselves for having all from you to put into their own wallet.