Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Edcrypto91 on April 07, 2023, 05:50:51 AM



Title: What does it take to become a Bitcoin investor
Post by: Edcrypto91 on April 07, 2023, 05:50:51 AM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies


Title: Re: What does it take to become a Bitcoin investor
Post by: Asuspawer09 on April 07, 2023, 06:19:20 AM
Invest your money in Bitcoin, If you buy a Bitcoin or own a Bitcoin! Congratulation there you go you are now Bitcoin investors. Being a Bitcoin investor doesn't have any specific amount of Bitcoin that you need to own you just need to own a Bitcoin that doesn't need to be 100$ even with only a 1$ investment in Bitcoin You can call yourself a Bitcoin investor already.

Of course, you're gonna need basic Bitcoin knowledge so that you know how to buy Bitcoin, the strategy for your investment, you know what you buying or investing your money into, etc.


Title: Re: What does it take to become a Bitcoin investor
Post by: Tytanowy Janusz on April 07, 2023, 06:27:20 AM
Who cares about nomenclature in this case? it doesn't matter.

Unless someone has not achieved anything in life and has not finished any school and being a "bitcoin investor" is the only thing he can say about himself. Because it is much better to say about yourself that you are a civil engineer, or a master of mathematics, or a doctor of internal medicine, or even a father and husband. If 10 000$ invested in bitcoin is all you achived in your life ... you can call yourself a "bitcoin investor" because you have nothing better to say about yourself.


Title: Re: What does it take to become a Bitcoin investor
Post by: hd49728 on April 07, 2023, 06:49:23 AM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
It is a start of story and to become a Bitcoin investor, your friend need to go through more things which are challenging.

Quote
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
To actually become a Bitcoin investor, you must have enough knowledge about basics of Bitcoin, how to store your bitcoin safely in what wallet, how to check transactions in your wallet or on block explorers to not panic when you move your bitcoin and it does not go to receiving address.

You must experience market bull and bear as well as fud. After all, if you still hold your bitcoins, still have belief in bitcoin, you are actual Bitcoin investor.


Title: Re: What does it take to become a Bitcoin investor
Post by: |MINER| on April 07, 2023, 07:00:04 AM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
There is no obligation to invest any specific amount to become a Bitcoin investor. I see your friend has made a bitcoin investment and it is quite a good amount.  And if he holds it for long term then he has the potential to earn a huge profit from it. Maybe because of this excitement your friend has said that he is now a Bitcoin investor. Besides having basic knowledge in Cryptocurrencies, I think being regularly informed about the current world news will help someone who wants to trade or invest on a regular basis.


Title: Re: What does it take to become a Bitcoin investor
Post by: woez on April 07, 2023, 07:03:42 AM
In my opinion, To become a Bitcoin investor, one must first acquire Bitcoins. This can be done through cryptocurrency exchange, peer-to-peer trading, or mining. Once you have earned your Bitcoins, you can then store them in your digital wallet or trade them on an exchange for other cryptocurrencies or fiat currencies.

If only by owning Bitcoin but not automatically making someone as an investor. As we all know, Investing in Bitcoin requires a deeper understanding of the cryptocurrency market, including its trends, risks, and potential growth opportunities. It is important to stay up to date with industry news and developments, and have a solid understanding of the technology behind Bitcoin and how it works.


Title: Re: What does it take to become a Bitcoin investor
Post by: bitzizzix on April 07, 2023, 07:43:39 AM
I hope he learns the basics and the risks involved when investing in bitcoins because they are so important, and for any other knowledge. And your friend can find it and experience it from time to time because he does it in theory and practice which will add to his knowledge when he finds new things he has to learn.

and to become a bitcoin investor there are no special requirements, apart from having sufficient knowledge and buying it in any amount and that is the most important thing for a smooth investment.


Title: Re: What does it take to become a Bitcoin investor
Post by: Wexnident on April 07, 2023, 07:49:40 AM
If you buy/own an amount, any amount, then you can be considered one, though I'd consider "owner" more than "investor" since that makes it sound like Bitcoin is some sort of project that people can invest in, but it's not, it's a currency after all. Even without any knowledge really as long as you own an amount you'd be considered as one. I reckon a lot of people who use fiat don't really understand how it works and yet they still use it and can be considered to own fiat as well.

There's definitely some desire for bragging hence why he coined it like that but eh, whatever, glad for him though.


Title: Re: What does it take to become a Bitcoin investor
Post by: Bananington on April 07, 2023, 08:05:11 AM
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .
The qualities required to become a successful investor in bitcoins is close to the same qualities required to be a successful investor in other ventures. To become a successful bitcoin investor, you have to possess some qualities which include; consistency with a strategy to continue investing and not just the one time purchase you make, patience to keep your investment until you can meet the target you have set for yourself, Self control especially emotionally not to respond or react to every news on the media about Cryptocurrency.


Title: Re: What does it take to become a Bitcoin investor
Post by: Latviand on April 07, 2023, 08:26:02 AM
It's simple, just buy bitcoin. No other complicated task to do so you can be entitled to be one, pretty sure that if you look at the definition of investor doesn't have a lot of requirements in it. I think that your question has already been answered so I think that it's time to lock this topic.


Title: Re: What does it take to become a Bitcoin investor
Post by: CarnagexD on April 07, 2023, 08:52:41 AM
I think once you've bought bitcoin, you are already investing in it especially if that what's on the top of your mind.  We buy bitcoin as a long-term investment, hoping to profit from potential increases in its value over time. But I think what's more important in being a bitcoin investor is when you educate yourself on how bitcoin works and the risks and potential rewards associated with investing in it. You can find many online resources, such as websites and forums, that provide information on bitcoin. Also, since bitcoin prices can be highly volatile we monitor our investment regularly and that's what a usual investor do.


Title: Re: What does it take to become a Bitcoin investor
Post by: Strauss001 on April 07, 2023, 09:11:31 AM
Personally, I think there's definitely more to it than just buying and holding some Bitcoins. Sure, owning a considerable amount can make anyone feel like an investor, but there's a lot more to know and learn about the crypto world if they really want to consider themselves a investors.


Title: Re: What does it take to become a Bitcoin investor
Post by: rat03gopoh on April 07, 2023, 09:15:13 AM
what does it really take to become a Bitcoin investor
Of course, money. Then (in layman's terms) digital devices to access, manage, and store bitcoins such as gadgets, PCs, laptops, HW wallets, etc.
And another important thing is vigilance for even close people, your friend doesn't do it so you know exactly he has bought 0.8 btc. Don't say that he also mentioned to everyone that he "stores" his bitcoins on an exchange.


Title: Re: What does it take to become a Bitcoin investor
Post by: SOKO-DEKE on April 07, 2023, 09:18:53 AM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies

All investors are call investor either your investments is small or big,so same thing applicable to Bitcoin investment.no portion of Bitcoin investment is too small to be call Bitcoin investor, sofar you are owning some Bitcoin in your wallet, you are Bitcoiner.

At this level of Bitcoin price is not everybody that can afford to get more BTC or even afford one.it was does early years of Bitcoin introduction that  many people can afford to get many Bitcoin because it was cheaper by them, just imagine that does that have Bitcoin worth $15k now that it is not even up to 1BTC and just imagine the portion of Bitcoin the person will could been holding by the early years the price was cheaper. So your $100k worth of Bitcoin can turn to $1k in future and that Bitcoin investment for everyone


Title: Re: What does it take to become a Bitcoin investor
Post by: Zaguru12 on April 07, 2023, 09:23:17 AM
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .

An investor according to Oxford dictionary is a person that puts money into anything with the belief of having a financial profit in the future. This clearly shows that your friend is a bitcoin investor by nomenclature. But with bitcoin there’s more and that is to it than other investments. For one to be a proper investor of bitcoin although it was just a payment gateway according to satoshi, then one needs to learn lots like it’s security and also the trading abilities of it like when to buy and when to sell these coins. The kind of exchanges to deal with and also the kind of wallets to store them in.


Title: Re: What does it take to become a Bitcoin investor
Post by: hugeblack on April 07, 2023, 10:10:31 AM
Investing is when your money gains additional value, and therefore once you start your investment over time, it is supposed to increase in value over time. It does not matter if your investment is in bitcoin, real estate, stocks, or others, as long as your money will grow.
Bitcoin is considered valuable because supply is limited and the assumption that demand will increase, and therefore there is no guarantee that its price will increase.
If you do not have a strategy and a goal for your investment in Bitcoin, that investment may turn into a loss, either a real or accounting loss.
In short, where to find value, invest.


Title: Re: What does it take to become a Bitcoin investor
Post by: karmamiu on April 07, 2023, 10:20:09 AM
If someone has a bitcoin on his wallet and is holding it quite some time now and doesn't plan on selling it immediately, then he is considered one. No need to over complicate things as to what truly the definition on that. In terms of investing, we do know that there are several assets that can be considered investment not only bitcoin, and for sure we are all aware that buying bitcoin isn't something close to investing but more in gambling due to its high volatility. Yes, it's partially true that every market crashes down in any given moment, but bitcoin's market can go up or down in a blink of an eye. Investing is no different in saving, but in a way in which you bought something that over time the value increases.


Title: Re: What does it take to become a Bitcoin investor
Post by: Minecache on April 07, 2023, 10:44:24 AM
When investing in bitcoin or any other investment, don't worry too much about what people call you or what title they will give you. That is not our goal, our goal is profit, so as long as you can make a profit, you are a winner. I invest in bitcoin but never thought about whether I am a bitcoin investor or not and what people are thinking of me. I just know the goal is to make a lot of money to take care of our family and our future. As long as I achieve those things, it doesn't matter who I am in the eyes of others.


Title: Re: What does it take to become a Bitcoin investor
Post by: salad daging on April 07, 2023, 03:07:08 PM
You already have a high fixed salary so you can buy bitcoins from that money in part, of course you have other needs so the reserve money must be prepared to support your life in the next few months and what is certain if you already have additional income then it will get better by getting bitcoin on a scale or buying it all at once it doesn't matter if you are ready in terms of finances.

Actually, there is no need to demand that you become an investor that many people want to know, you just buy bitcoin and keep it for a long time, then you are already an investor, but even though I have half a bitcoin, I don't want to call many of my people investors.

You know, there are many ways to accumulate lots of bitcoins by any method, including the DCA strategy.


Title: Re: What does it take to become a Bitcoin investor
Post by: DeathAngel on April 07, 2023, 03:22:05 PM
Being a bitcoin investor isn’t about the size of your stash. It’s about conviction & motivation to continue investing, hoping to change your life for the better. The world is a real mess at the moment & has been since COVID broke out. Financial markets are in turmoil, keeping your money in banks is suicide.

Being a bitcoin investor is somebody who takes control of their future by investing in the future of money, bitcoin. Now is the time to act, no matter how small your purchases are, belief & conviction in buying bitcoin makes you a bitcoin investor.


Title: Re: What does it take to become a Bitcoin investor
Post by: majeed on April 07, 2023, 06:34:42 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
Just owning a bunch of Bitcoin won't make you a successful investor. It's like saying that owning a laptop makes you a hacker. To invest in Bitcoin, you gotta dive deep into the world of cryptocurrency and understand the market trends. It takes research, analysis, and the ability to predict price movements.

If you wanna be a smart investor, owning Bitcoin is only the beginning. You gotta stay sharp and know when to buy, sell, or trade, and that means keeping a close watch on the market and making smart choices. But keep in mind - the market can be a bumpy ride, and you gotta have nerves of steel to handle it.

And don't forget to keep your coins safe, mate! Use a hardware wallet or some other secure method to protect your investment. So, tell your friend he's part of the crypto crew now, but the real challenge lies ahead. Keep learning, growing, and making smart moves. And congrats on owning 0.8 Bitcoins, dude!



Title: Re: What does it take to become a Bitcoin investor
Post by: Dr.Bitcoin_Strange on April 07, 2023, 06:56:12 PM
does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies

OP, the short answer to your question is yes.

When you have successfully purchased bitcoins and have stored them in your non-custodial wallet, you are a bitcoin investor. Other knowledge you will acquire about Bitcoin after that is an added advantage to really knowing what Bitcoin entails. But also, the thing to keep in mind as a bitcoin investor is to keep your wallet's private key or phrase safe so that you don't lose your asset.

You must not have had a considerable amount of Bitcoin in your wallet before becoming a Bitcoin investor (just as you thought). Bitcoin can be purchased with any amount, like even below $10, but it depends on the platform you are buying from. If you decide to buy $20's worth of bitcoin, then you are an investor. You could also decide to buy more and add it to the one you already bought.

People have different ways of investing in bitcoin, but it depends on the individual's income. For example, if you are working and have decided to buy $10 worth of bitcoin every month after you receive your salary, then you are a bitcoin investor.

You don't need to have Bitcoin to become a Bitcoin investor

What do you mean @Apocollapse?


Title: Re: What does it take to become a Bitcoin investor
Post by: acroman08 on April 07, 2023, 07:56:19 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
you don't need to own a considerable amount of Bitcoin in your wallet in order to be considered a Bitcoin investor

You don't need to have Bitcoin to become a Bitcoin investor because there are a lot people claimed to be a professional trader even they're always lose in trading and people claimed to be a professional Bitcoin speculator even though their speculation always wrong ::)
I am confused about the highlighted part. if you ask me, to be considered a "Bitcoin Investor" you actually have to have a Bitcoin, so I don't really think you can consider yourself a "Bitcoin investor" If you don't have any Bitcoin. also, you don't need to be a successful Bitcoin Investor in order to be considered a Bitcoin investor.


Title: Re: What does it take to become a Bitcoin investor
Post by: Hyphen(-) on April 07, 2023, 08:08:29 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
Yes if you can keep it in your wallets to gain profit with time.

The word Investor means that, if you as an individual purchase or buy anything to keep it in your custody for the sake of gaining some profits after some time, that means you are an investor.

If your friend will not sell off his Bitcoin now until he meets up some profit target he/she has set aside to be met, he/she is a Bitcoin investor.


Title: Re: What does it take to become a Bitcoin investor
Post by: bosede1 on April 07, 2023, 08:13:42 PM
This is just you asking what does it take to be a landlord, all it takes is for you to have land likewise for a Bitcoin investor, it means you have Bitcoin in your possession either you invest all your money or a little amount it doesn't count, what matters is that you both have bitcoin.


Title: Re: What does it take to become a Bitcoin investor
Post by: Mate2237 on April 07, 2023, 08:18:56 PM
There is no big deal, if you want to become bitcoin investor then all you have to do is a start up amount of money then you can go to exchange platforms to get the amount you want and send it to your wallet of any or you can purchase through p2p transaction in which if anyone wants to sell it for you in your locality the you pay the person and the in return send the unit of bitcoin which you have paid paid to your account. Having knowledge on bitcoin does not mean that you are an investor in bitcoin, but it is only when you have any units of bitcoin in your wallet then you can be called as an investor aside that, you are not.


Title: Re: What does it take to become a Bitcoin investor
Post by: indah rezqi on April 07, 2023, 08:23:03 PM
At that point I go this question in mind ;what does it really take to become a Bitcoin investor
Here are some things I think about when you want to become a bitcoin investor/ want to invest in bitcoin.
1. Budget,
2. Knowledge,
3. Bitcoin wallet and
4. How to secure a wallet.

Without a budget, you cannot invest in bitcoins. Without knowledge you will never know what bitcoin is, because basically you have to know what asset you are going to invest in. Without bitcoin wallet, you can never expect security from your investment especially so long as you keep it on an exchange. Without getting security knowledge, you can never expect your wallet to be completely safe from all possible risks. The rest is up to you how you spend bitcoin.


Title: Re: What does it take to become a Bitcoin investor
Post by: stadus on April 07, 2023, 08:40:20 PM
You don't need to have Bitcoin to become a Bitcoin investor because there are a lot people claimed to be a professional trader even they're always lose in trading and people claimed to be a professional Bitcoin speculator even though their speculation always wrong ::)

Don't think Bitcoin investor is must need to have x Bitcoin, holding x time, already make x profit etc. Any people who have Bitcoin in their wallet can be said as Bitcoin investor, don't make it complicated.

I agree. It's literally that simple, you must hold and bought your own bitcoin to become a bitcoin investor and there are no other explanations to it. Anybody can actually proclaim whoever they are, but it is advisable and it's much better if we mind our own business to keep a certain distance rather than arguing that they are not like that or oppose whatever they said, etc.

But don't forget that it's not that easy because once you become an investor, you should know that there are risks entailed with it that's why you should keep yourself informed at all times so that you won't be surprised if something is happening.


Title: Re: What does it take to become a Bitcoin investor
Post by: Oasisman on April 07, 2023, 08:59:30 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies

Basic knowledge may suffice at first, but in the long run you need a more deeper knowledge about how the market works for Bitcoin, how to understand the fundamentals and most especially how to keep your Bitcoin safe from any fraudulent attacks. As your accumulated Bitcoin grows more in number, you're more susceptible to phishing attacks as you will become one of the huge targets against these scammers.
Another thing besides your security, is that you also need to be patient and be careful of selling your Bitcoin during market crash.


Title: Re: What does it take to become a Bitcoin investor
Post by: temple on April 08, 2023, 04:07:31 PM
Investing is when your money gains additional value, and therefore once you start your investment over time, it is supposed to increase in value over time. It does not matter if your investment is in bitcoin, real estate, stocks, or others, as long as your money will grow.
Bitcoin is considered valuable because supply is limited and the assumption that demand will increase, and therefore there is no guarantee that its price will increase.
If you do not have a strategy and a goal for your investment in Bitcoin, that investment may turn into a loss, either a real or accounting loss.
In short, where to find value, invest.

Bitcoin isn't the only digital asset that is scarce, but it is one of the very few that has organically grown an ecosystem backing its value. There are so many shitcoin copycats out there and all of them are scarce, but they are not truly scarce as they can be infinitely 1:1 copied and relaunched. Bitcoin can be copied, but everything that Bitcoin has grown around it over almost 1.5 decades now can't be copied. A merchant accepting Bitcoin is not going accept Bitcoin_2 even if it has all the same properties, because there is no market for Bitcoin_2. The supply is there, but the organically grown demand can't be forked.

The ecosystem and in particular the user and developer base are the economic moat for Bitcoin nobody can ever copy paste. That is why it is always funny when someone says they have developed the next Bitcoin or the Bitcoin killer. It's ridiculous because they don't get their funny Bitcoin killer off the ground ever.

Today Bitcoin's advantage is so huge that at least when it comes to digital gold, Bitcoin will probably never be replaced by a digital currency or certainly not for a very long time. Perhaps one day by a new technology, that is more likely. But it's not going to happen by any sort of fork.

It is the organically grown ecosystem, the moat that makes Bitcoin such an interesting investment. The scarcity speaks for itself and it is the most versatile value transmitter and storage system out there. Though we will need more user-friendly software in the future to also get those on board who long thought a tablet is too complex for them to understand and use, until they tried it for the first time. Today I would still say that it's too complicated if you want to use it safely and are also caring about privacy. That does need quite some technical literacy to handle Bitcoin accordingly.


Title: Re: What does it take to become a Bitcoin investor
Post by: Sidra101 on April 08, 2023, 04:52:46 PM
It's important to note that investing in Bitcoin, like any investment, comes with risks. Be sure to only invest what you can afford to lose and to do your own research before making any investment decisions. The owner of the must all keep up-to-date with the latest news and developments in the Bitcoin space to make informed decisions about your investment. because lack of information can leads to the crash losses of the coin.


Title: Re: What does it take to become a Bitcoin investor
Post by: boyptc on April 08, 2023, 05:34:33 PM
Buy bitcoin and that's what it needs to be to be called a bitcoin investor. You won't be a bitcoin investor if you hold Ethereum or any other altcoins.

There's no need to complicate things to understand and there's no need for any technical aspect needed to be understood by having means of that.

And as you invest in bitcoin, you understand that this isn't just eenie meenie miney mo. But there's a responsibility on your own that you have to take care of your bitcoins.

By means of that, not just in risk aspect but also responsibility on how you're keeping it and as you know, you should be the one holding your private keys and not the exchanges.


Title: Re: What does it take to become a Bitcoin investor
Post by: Broadanbig on April 08, 2023, 06:05:44 PM
Congratulations to your friend on his first purchase of bitcoin. OP, irrespective of the quantity, volume or amount of bitcoin you hold, you are a bitcoin investor. It does not cost anything to hold bitcoin. I was wondering what you meant by that question you asked though but what I know is that anybody can own bitcoin irrespective of their age and nothing can as well stop anyone from purchasing bitcoin as it is an open market for everyone. There is no special tag to bitcoin holders all bitcoin holders are investors as long as you have a minuit fractions of bitcoin in your possession. Bitcoin.
The more bitcoin you hold the more profit you will get come bull run if you are holding for a long term.


Title: Re: What does it take to become a Bitcoin investor
Post by: Ronsbit on April 08, 2023, 08:45:27 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies

OP the answer to your question is simple. It requires nothing much from you to become a bitcoin investor but rather with just a fraction of bitcoin you are holding, you are termed or tagged a bitcoin investor. Being a bitcoin investor does not necessarily mean that you must hold up to 1 bitcoin but the little fraction you hold qualifies you to being a bitcoin investor as long as want to keep your bitcoin for without using it for long.


Title: Re: What does it take to become a Bitcoin investor
Post by: worldofcoins on April 12, 2023, 08:04:41 AM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies

To become a Bitcoin investor generally means that you have purchased Bitcoin to hold it as a long-term investment. This is different from buying Bitcoin to use it for transactions or as a means of payment. So, owning a certain amount of Bitcoin doesn't automatically make someone an investor. Instead, the intention and knowledge behind the purchase define it as an investment.


Title: Re: What does it take to become a Bitcoin investor
Post by: big kid on April 12, 2023, 09:00:07 AM
You can be called an investor as soon as you invest money in it. Even if you have 0.001 BTC or less. Just keep it not on the exchange.


Title: Re: What does it take to become a Bitcoin investor
Post by: fuguebtc on April 12, 2023, 09:14:38 AM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies

As long as you own bitcoin, more or less it doesn't matter, and you use it to make a profit, then you are already a bitcoin investor. Investing means we are looking for profit, as long as you can make a profit, it doesn't matter who you are. I never thought about this because I don't want anyone to know that I am investing in bitcoin, and what I care about is how much money I will make with the bitcoins I hold.
By the way, your friend is holding a large number of bitcoins, tell him to protect them as best he can, it will be a huge fortune in the future.


Title: Re: What does it take to become a Bitcoin investor
Post by: Weawant on April 12, 2023, 03:20:27 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies

An investor is someone who has invested in a particular assets like Bitcoin, gold etc. It doesn't matter how little or small you have invested or how big your investment was but we're all investors. Investors are then divided into different groups, from the low investors to the whales.

The whales are those investors who have very large amount of an investment that they can influence the market by selling their shares. Before you can become a Bitcoin whale you have to own thousands of Bitcoin but just by purchasing Bitcoin with as low as $1 you're an investor.

Been an investor has to do with your mindset so even though you don't have enough Bitcoin now but stay consistent in buying Bitcoin, at some point you would had invested so much into Bitcoin and Bitcoin would had rise to a price that would have given you enough God profit when you sell.


Title: Re: What does it take to become a Bitcoin investor
Post by: TheUltraElite on April 12, 2023, 04:40:59 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
Seems pretty basic to me, any amount of fiat used to buy bitcoin with a hope of appreciation of value over time is a bitcoin investment the amount should not matter to give apply the phrase. Now 0.8 BTC is a considerable amount for a first purchase in my local fiat so I hope the person bought at the low price and I hope they have a clear mindset about how to manage this asset in future in front of the changes in market.

Here again I am reminded of the common questions of "1BTC" - dont forget that fractional amounts of bitcoin bought is also bitcoin, we dont need whole number here. Whatever small your investment, it is the thought and the enthusiasm that counts not the number.


Title: Re: What does it take to become a Bitcoin investor
Post by: cydrix on April 12, 2023, 05:01:09 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
Do your own research and comprehend the risks if you're thinking about investing in Bitcoin or any other cryptocurrency. It's important to only invest money you can afford to lose in cryptocurrencies because they can be risky and their values can change quickly. You may learn more about Bitcoin and other cryptocurrencies through a variety of online communities and tools, including discussion boards, social media groups, and news and analysis websites. Look for platforms or exchanges that have a solid reputation for having clear fees, strong security measures, and responsive customer service when selecting one to buy and sell bitcoin on.


Title: Re: What does it take to become a Bitcoin investor
Post by: kryptqnick on April 12, 2023, 05:07:17 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
Firstly, 0.8 is certainly a very considerable amount of money to invest, the sort of money most people don't have at all. Secondly, I think one can technically call oneself a Bitcoin investor if this person owns (it could be bought, earned or obtained as a gift) some BTC and treats it as an investment (waits for the price/value to rise and expects to enjoy profits or at least a better deal than if keeping the money in fiat). It doesn't really matter how much a person invests, but treating Bitcoin as an investment rather than as money, for example, seems important to me.


Title: Re: What does it take to become a Bitcoin investor
Post by: suzanne5223 on April 12, 2023, 08:09:09 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
Yes, if you buy some amount of Bitcoin you can be considered a Bitcoin investor but you can only be a genuine BTC investor if you understand the BTC market fundamental concept, potential upside, and down, risks, and the beauty of the BTC technology. Always invest for the long term.
The second thing is: Knowing how to secure your investment. If you don't know to secure your wallet you can lose all your investment within a second.


Title: Re: What does it take to become a Bitcoin investor
Post by: serjent05 on April 12, 2023, 10:47:46 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
Yes, if you buy some amount of Bitcoin you can be considered a Bitcoin investor but you can only be a genuine BTC investor if you understand the BTC market fundamental concept, potential upside, and down, risks, and the beauty of the BTC technology. Always invest for the long term.

So do you mean there is a fake Bitcoin investors?  Does it mean buying Bitcoin even though the person does not have enough knowledge of Bitcoin economics is considered not a genuine Bitcoin investor?  From when it is required to know all the aspect of investment to become a genuine investor?  As far as it explains...

Quote
in·ves·tor
noun
a person or organization that puts money into financial plans, property, etc. with the expectation of achieving a profit.

Investors are people who put money with the expectation of achieving profit.  It is all about profit and not about learning the fundamentals of what he is investing.  It is important yes but it is not the factor that decide whether you are an investor or not, it is the money you put in.

So to become a Bitcoin investor, you need to inject money and acquire Bitcoin in hopes of profit.


Title: Re: What does it take to become a Bitcoin investor
Post by: landheer on April 13, 2023, 01:47:27 AM
What is needed to become a BTC investor is, of course, sufficient knowledge, because if you don't have knowledge, of course there will be the potential for huge losses.

but I'm sure your friend will be able to handle his investment in BTC, because usually someone who wants to invest always learns about it first.
maybe even your friend will learn on his own from his own experience.
because experience is also a teacher who can certainly learn something from experience.


Title: Re: What does it take to become a Bitcoin investor
Post by: jeraldskie11 on April 13, 2023, 02:36:03 AM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
There is no minimum amount of investment required to be considered an investor. You can call yourself an investor as long as you invest. But it's up to you if you're comfortable being referred to as an investor if your investment is only.0001 Btc. When we hear about an investor, we assume he has a large investment or a lot of money.

And if you are a Bitcoin investor, you must have a fundamental understanding of Bitcoin because you cannot invest if you do not.


Title: Re: What does it take to become a Bitcoin investor
Post by: Reatim on April 13, 2023, 02:50:53 AM
1 satoshi or 1 bitcoin if you keep them in your wallet and Hold then you are already an investor because you are trusting the coin and this market , and about the knowledge , there are different people who invests in bitcoin , some are those who have deep knowledge but there are also others that just trust this because of what they  believe , this is investment world in which for 10 years and more now are serving people with decent income(of course those who trust this coin)
What is needed to become a BTC investor is, of course, sufficient knowledge, because if you don't have knowledge, of course there will be the potential for huge losses.


knowledgeable or not? you can be an investor mate as long as you are willing to risk to earn and sometimes we need to have this attitude in learning and earning.


Title: Re: What does it take to become a Bitcoin investor
Post by: Stella Mese on April 13, 2023, 04:31:32 AM
In my opinion, the first thing to do to invest in BTC is, of course, our can buy it on an exchange or our can mine and so on. and i guess your friends must have learned about btc,
that's why he dared to invest in btc.
because I also used to have experience before investing, I will find out first about the investment we are going to go for, and what is certain is that other people will not know in detail what I am doing.
I think your friends will also find out about btc before investing but one thing for sure you will not know.


Title: Re: What does it take to become a Bitcoin investor
Post by: justdimin on April 13, 2023, 01:39:40 PM
An investor is someone who has invested in a particular assets like Bitcoin, gold etc. It doesn't matter how little or small you have invested or how big your investment was but we're all investors. Investors are then divided into different groups, from the low investors to the whales.

The whales are those investors who have very large amount of an investment that they can influence the market by selling their shares. Before you can become a Bitcoin whale you have to own thousands of Bitcoin but just by purchasing Bitcoin with as low as $1 you're an investor.

Been an investor has to do with your mindset so even though you don't have enough Bitcoin now but stay consistent in buying Bitcoin, at some point you would had invested so much into Bitcoin and Bitcoin would had rise to a price that would have given you enough God profit when you sell.
I agree that the amount doesn't really matter but even if it did, we are talking about 0.8 bitcoins here, that's a lot of bitcoins if you think about it, that's over 20k dollars of bitcoin and that should be considered a bitcoin investor. I don't care how much you invest into anything, I would consider you an investor even if you put 10 bucks into something, but if you invested 20k into anything at all then I would consider that as a n investor even easier because that's a lot of money.

By comparison let me tell you this way, I have never had 20k+ dollars in my bank at any moment in my life, that's more money than I have ever had in my bank account. That should tell you how much money it is for most parts of the world.


Title: Re: What does it take to become a Bitcoin investor
Post by: uneng on April 13, 2023, 06:00:31 PM
1 satoshi or 1 bitcoin if you keep them in your wallet and Hold then you are already an investor because you are trusting the coin and this market , and about the knowledge , there are different people who invests in bitcoin , some are those who have deep knowledge but there are also others that just trust this because of what they  believe , this is investment world in which for 10 years and more now are serving people with decent income(of course those who trust this coin)
What differs one investor from another is just their size and relevance on the market. While some are small investors, others are average and there also the big investors, the whales, who have great influence on the market and can impact the prices positively or negatively with their buy or sell orders.
But in the end, all of them are Bitcoin investors who have put their hopes and expectations on it with the maximum sum of money they could afford.

Knowledge is another thing and isn't required in order to become a Bitcoin investor. Many investors don't know how Bitcoin works, its history or technical elements, but they still hold some satoshis or even some bitcoins on their personal wallets thinking on long term returns.


Title: Re: What does it take to become a Bitcoin investor
Post by: The Cryptovator on April 13, 2023, 07:22:01 PM
To become a Bitcoin investor, the only condition I can see is to accumulate at least 1 Satoshi. This is a unit of Bitcoin, and owning it qualifies you as a Bitcoin investor. You don't have to buy a whole Bitcoin to be considered an investor; just buy whatever you can afford. However, it's important to use a non-custodial wallet to secure your holdings. Before investing, it's also crucial to educate yourself more about Bitcoin.


Title: Re: What does it take to become a Bitcoin investor
Post by: coolcoinz on April 13, 2023, 08:00:54 PM
To become a Bitcoin investor, the only condition I can see is to accumulate at least 1 Satoshi. This is a unit of Bitcoin, and owning it qualifies you as a Bitcoin investor. You don't have to buy a whole Bitcoin to be considered an investor; just buy whatever you can afford. However, it's important to use a non-custodial wallet to secure your holdings. Before investing, it's also crucial to educate yourself more about Bitcoin.

It's going to be so expensive and troublesome to buy one satoshi  that you might go with the flow and buy at least a restaurant meal worth of bitcoin. The fees to send 1 satoshi anywhere are much higher than the value of the "investment" and you can't and probably won't be able to buy anything for such a low amount of money.
Maybe technically someone owning 1 satoshi is a bitcoin investor, but you should at the very least aim at owning a spendable amount, like a worth of a cup of coffee, or a sandwich.
I'm saying this because if you own one cent, you're technically a holder of US dollars, but you can't buy anything with that, it's worthless.


Title: Re: What does it take to become a Bitcoin investor
Post by: Silberman on April 13, 2023, 08:41:38 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
Having some bitcoin on your wallet makes you a bitcoin owner but not necessarily a bitcoin investor, in order to become an investor of any kind of asset you need to have some skills related to the markets, some of those skills may include money management, risk assessment, fundamental analysis, technical analysis and a myriad of other skills we may need, if your friend has those skills then he is indeed a bitcoin investor, but if he does not have them then I do not think he can call himself an investor at all.


Title: Re: What does it take to become a Bitcoin investor
Post by: goldkingcoiner on April 13, 2023, 09:16:30 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies


It takes money. Just like with investing in anything.

Not sure I understand the essence of your question or what you are actually asking. As long as you have the money and the motivation, you can become a Bitcoin investor. As far as researching your investment goes, that can be done anytime, before or even after making the investment.

In order to invest in Bitcoin you just need to buy some Bitcoin, which you can do on any platform which offers to sell you Bitcoin, or you could even buy it from a friend/family member, without any extra hassle.

Anyone who owns even a cent's worth of Bitcoin is already an investor.


Title: Re: What does it take to become a Bitcoin investor
Post by: tvplus006 on April 14, 2023, 09:20:42 AM
..." I am now a Bitcoin investor" ..

In order to become a bitcoin investor, it is necessary to have at least basic knowledge about cryptocurrency and have money to buy a minimum amount of Bitcoins. This basic knowledge will help you not only create a wallet for storing Bitcoins, but also keep them safe so that they are not lost.


Title: Re: What does it take to become a Bitcoin investor
Post by: Nrcewker on April 14, 2023, 09:25:40 AM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies

I must say knowledge is very important. If you don’t have enough knowledge about the asset that you are investing in, then there is high chances that you will make losses in it. So yeah not only Bitcoins but in each and every asset you must have great knowledge on it, and should be aware of the risk factors that are involved in it. Moreover you don’t need to buy a specific amount of Bitcoins, in order to be considered as Bitcoin investor. Buy 10$ of Bitcoins, and you will be still considered as a Bitcoin investor. Bitcoins are growing in price in each moment, so who knows when the 10$ will be turning into 100$.


Title: Re: What does it take to become a Bitcoin investor
Post by: AicecreaME on April 14, 2023, 10:06:56 AM
The answer on your question is very simple, if you invested your money on it then automatically you're a Bitcoin investor, there's nothing more requirements about that, even if you have only basic knowledge about bitcoin.

Now, it takes a lot of courage and a solid final decision for someone to be a Bitcoin investor, because it ain't easy as buying at a random moment whenever you feel to and hope to have profits as quickly as possible. You are going to still need your technical analysis for you to figure out when is the right time to buy Bitcoin so you could be a bitcoin investor that will surely have profits in the long run.


Title: Re: What does it take to become a Bitcoin investor
Post by: Marvell1 on April 14, 2023, 10:21:34 AM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies

I think anyone who just owns bitcoin is an investor. Becoming a bitcoin investor is not too difficult, the more difficult thing is how to make a profit because not everyone who invests is profitable, and most people lose more than gain.
As an investor, you should take the time to improve your knowledge because that is the only way to determine whether you will succeed or fail in this market. Remember that the marketplace is a battlefield and knowledge is a weapon, there is no such thing as getting rich by luck in this marketplace.


Title: Re: What does it take to become a Bitcoin investor
Post by: Twentyonepaylots on April 14, 2023, 02:16:26 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies


It takes money. Just like with investing in anything.

Not sure I understand the essence of your question or what you are actually asking. As long as you have the money and the motivation, you can become a Bitcoin investor. As far as researching your investment goes, that can be done anytime, before or even after making the investment.

In order to invest in Bitcoin you just need to buy some Bitcoin, which you can do on any platform which offers to sell you Bitcoin, or you could even buy it from a friend/family member, without any extra hassle.

Anyone who owns even a cent's worth of Bitcoin is already an investor.

I agree that as long as you have money to invest, you can definitely do so. But more than that, assessment of your overall financial capability must be done. Know the rule that when you invest certain amount, you can really afford that amount. Just make sure that all your assets are safe since in todays technology more are getting advance on tricking people and stealing their investments.


Title: Re: What does it take to become a Bitcoin investor
Post by: DiMarxist on April 14, 2023, 03:02:07 PM
You can call yourself a bitcoin investor, as far as you bought bitcoin and owned a bitcoin, but that doesn't means you are fully a bitcoin, if you don't understand and have the acknowledgeable in bitcoin you are not an investor, if you lose in investing in bitcoin, you will stop investing, because you don't have understanding and on patients on the market, you will know the outcome and the income of bitcoin, know the bullish and bearish in the bitcoin,knowledge is very important. And You are still going to  need the technical analysis for you to figure out when is the right time to buy bitcoin and sell, so you could be a bitcoin investor.


Title: Re: What does it take to become a Bitcoin investor
Post by: Davidvictorson on April 14, 2023, 03:27:36 PM
I want to believe that being a bitcoin investor goes more than just buying and  hold bitcoin. There's more to it. There are certain qualities that the individual must or should possess. These qualities include but are not limited to, financial discipline, long-term perspective, high risk tolerance, patience, and diversification. A bitcoin investor could be an individual who handles their wallet by themselves usually in small amounts or an institutional investor who  invests in bitcoin under a company. For example people who invest in MicroStrategy. Basically the end goal is to have huge ROI.


Title: Re: What does it take to become a Bitcoin investor
Post by: Jody.Drummer on April 14, 2023, 03:36:53 PM
Regardless of the nominal value in this case, whether it's a lot of bitcoins or a few, all of them are investors, in my opinion, because we save and invest the money we have in bitcoins.
It doesn't really matter how much money one can put in for this kind of situation because we will still be counted as literal investors.
But indeed in this case when your friends have more bitcoins they have more profit when the price goes up because their Investment amount is more that's all I think.
Talking about more knowledge I think this is basic because obviously we have to know what we are doing in bitcoin and when investing of course we study that first because it's not like buying a lottery wishing the luck in our direction but it takes something that more to make sure that bitcoin is really good so that when we are sure we just invest because indeed further knowledge is the basis that everyone who is in bitcoin must have.

It will be very funny when we buy bitcoins but we don't know what bitcoins are and only stupid people do that.


Title: Re: What does it take to become a Bitcoin investor
Post by: Pandu Geddon on April 14, 2023, 03:44:48 PM
I want to believe that being a bitcoin investor goes more than just buying and  hold bitcoin. There's more to it. There are certain qualities that the individual must or should possess. These qualities include but are not limited to, financial discipline, long-term perspective, high risk tolerance, patience, and diversification. A bitcoin investor could be an individual who handles their wallet by themselves usually in small amounts or an institutional investor who  invests in bitcoin under a company. For example people who invest in MicroStrategy. Basically the end goal is to have huge ROI.
when you hold your Bitcoin for a certain time planning, then you are part of a Bitcoin investor. whatever the reason, simply that's what happened.
but what kind of investor to be, it all depends on your abilities. if all you can afford is to just buy and hold. then it's not a problem. the most important end goal is profit.
not your specific criteria that will distinguish it all. what is certain is that your choice is to become a Bitcoin investor or trader.


Title: Re: What does it take to become a Bitcoin investor
Post by: AnonBitCoiner on April 14, 2023, 04:16:36 PM
Actually bitcoin investors are those who have put some amount of money in it and every is proud of having bitcoin because the price of bitcoin is so higher that everyone cannot buy it also it is a type of coin which certain your success.

It does not matters that how much money you have invested in it but you will be known as bitcoin investor because you have purchase it. There is no limitation of money to invest in bitcoin may you put little or more but you will have bitcoin.

The basic thing is not to buy bitcoin but the basic thing is that how you will get benefit from it and how you will react according to market situations. So everyone should first try to know about its handling then becoming bitcoin investor will be easy.


Title: Re: What does it take to become a Bitcoin investor
Post by: bangjoe on April 14, 2023, 04:56:43 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
In my story, when I bought bitcoin for the first time, I didn't know what crypto was and what bitcoin was, I was only interested in what my friends were doing at that time talking about cryptocurrencies and they went further than me, I said that I too want to buy what they buy and they always make a trustwallet wallet and teach me well about account security without me knowing how my fiat money can become bitcoin at that time, and I feel that I was already a bitcoin investor at that time without having any knowledge about bitcoins or cryptocurrencies.
I think more precisely what should be required in becoming a bitcoin investor is to have the money and courage where we will face a wave of currents in the market of price patternities that might attack our mentality, especially those who are new to investing in bitcoin.


Title: Re: What does it take to become a Bitcoin investor
Post by: Gladitorcomeback on April 14, 2023, 05:37:38 PM
what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies

For becoming Bitcoin investor there no need of any knowledge. when you buy any amount of btc without any knowledge you will be called Bitcoin investor. It's is same like you buy car having no knowledge of driving. you will he owner of this car but It will be more beneficial when you have knowledge of driving. similarly buying btc will make you investor but it's proper benefit can be obtain when you have atleast basic knowledge of crypto and how this holding will benefit you in long term.


Title: Re: What does it take to become a Bitcoin investor
Post by: Inwestour on April 14, 2023, 06:32:52 PM
when you hold your Bitcoin for a certain time planning, then you are part of a Bitcoin investor. whatever the reason, simply that's what happened.
but what kind of investor to be, it all depends on your abilities. if all you can afford is to just buy and hold. then it's not a problem. the most important end goal is profit.
not your specific criteria that will distinguish it all. what is certain is that your choice is to become a Bitcoin investor or trader.
Everything seems to be simple, but in fact, choosing the time to sell is not always so easy. If you are not going to be an eternal holder, then sooner or later you will have to face this issue. The temptation to sell comes from the moment your investment becomes profitable. If you didn't plan on being a long-term investor, then you're more likely to sell quickly.


Title: Re: What does it take to become a Bitcoin investor
Post by: inthelongrun on April 14, 2023, 09:11:44 PM
There are no such rules when it comes to the amount of investment. No matter how small the amount is as long as you invested something then I guess you are already an investor. Small amounts are even advised for newbies since they are not that familiar and they can just increase it over time. It is also very important to put an amount that you can only afford to lose. Diversification is another thing as well. You cannot put all your savings in one basket. This is good protection since dumps are also possible.


Title: Re: What does it take to become a Bitcoin investor
Post by: Agbe on April 29, 2023, 04:30:59 PM
I want to believe that being a bitcoin investor goes more than just buying and  hold bitcoin. There's more to it. There are certain qualities that the individual must or should possess. These qualities include but are not limited to, financial discipline, long-term perspective, high risk tolerance, patience, and diversification. A bitcoin investor could be an individual who handles their wallet by themselves usually in small amounts or an institutional investor who  invests in bitcoin under a company. For example people who invest in MicroStrategy. Basically the end goal is to have huge ROI.
Exactly, mostly that long term investment the major aspect of becoming a quality Bitcoin investor. The investor must haven the mindset that there is risk in it. Some commentors were saying that one can start investing with any amount, yes but a real investor supposed have at least $1,000 bitcoin unit in their wallet and subsequent add up to the amount. But if the person did not have the 1k dollar bitcoin, he or she can invest/start with a little amount like $200 and he has to plan to add more. Keeping such amount of bitcoin in his wallet is not and investment but ordinary holding.


Title: Re: What does it take to become a Bitcoin investor
Post by: so98nn on April 29, 2023, 04:43:00 PM
I am not following this trend at all. Why does it really matter if someone needs to call you bitcoin investor or not? Do you need to have a title of that?
I will give it to you. You registered on this forum, you are talking and discussing stuff about the bitcoin, congrats you made it. You are bitcoin investor. Let us be practical, if you really want to achieve a bitcoin investor status then man, get up, go on the adventure of bitcoin. Learn about it, learn how to be perfect Bitcoin hodler. Though there is no competition for true bitcoin investor, you can play it for fun with your friends. However, considering he bought 0.8 btc straight up, he must be keen about Bitcoin adventure and trying out his next profit from the same.

The only best scenario here is, try to get in, merge with bitcoin and tech behind it. Learn and perceive and they adopt to the crypto space accordingly. Forget about whether what you will be called. Focus on the goal.


Title: Re: What does it take to become a Bitcoin investor
Post by: KingsDen on April 29, 2023, 04:54:50 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies

Can you remove the word investor and use own. Your friend is a bitcoin owner because he bought bitcoin with fiat. I also do not see the word "bitcoin investor" so appropriate. That is if bitcoin was to be a currency that Satoshi prosee it to be.
Will it therefore be right to say that I am a dollar investor?

So, the word investment comes in because of the volatility of bitcoin. When it rises in price there will be a difference between the initial bitcoin you bought and what you hold at the risen price. And when the price plunges, there will be a negative difference too. That is where the idea of investment came from.


Title: Re: What does it take to become a Bitcoin investor
Post by: doomloop on April 30, 2023, 06:55:03 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
Can you remove the word investor and use own. Your friend is a bitcoin owner because he bought bitcoin with fiat. I also do not see the word "bitcoin investor" so appropriate. That is if bitcoin was to be a currency that Satoshi prosee it to be.
Will it therefore be right to say that I am a dollar investor?

So, the word investment comes in because of the volatility of bitcoin. When it rises in price there will be a difference between the initial bitcoin you bought and what you hold at the risen price. And when the price plunges, there will be a negative difference too. That is where the idea of investment came from.
Though it was created as a currency by Satoshi Nakamoto, it is considered more of an asset than a currency now due to its volatility and the huge value that it gained over the years. Bitcoin serves multiple purposes, it can be used as a currency to be paid or transferred anywhere or bought and stored as an asset just like gold or property.

So, the word "Bitcoin investor" or investing in Bitcoin isn't a wrong terminology considering how it turned out to be and how it is used mostly nowadays, also, it is traded, so when you buy something that can be traded and provide you profits, you can say that you are investing in that particular asset/thing.


Title: Re: What does it take to become a Bitcoin investor
Post by: Yatsan on April 30, 2023, 08:26:37 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
Can you remove the word investor and use own. Your friend is a bitcoin owner because he bought bitcoin with fiat. I also do not see the word "bitcoin investor" so appropriate. That is if bitcoin was to be a currency that Satoshi prosee it to be.
Will it therefore be right to say that I am a dollar investor?

So, the word investment comes in because of the volatility of bitcoin. When it rises in price there will be a difference between the initial bitcoin you bought and what you hold at the risen price. And when the price plunges, there will be a negative difference too. That is where the idea of investment came from.
Though it was created as a currency by Satoshi Nakamoto, it is considered more of an asset than a currency now due to its volatility and the huge value that it gained over the years. Bitcoin serves multiple purposes, it can be used as a currency to be paid or transferred anywhere or bought and stored as an asset just like gold or property.

So, the word "Bitcoin investor" or investing in Bitcoin isn't a wrong terminology considering how it turned out to be and how it is used mostly nowadays, also, it is traded, so when you buy something that can be traded and provide you profits, you can say that you are investing in that particular asset/thing.
We cannot help it; Bitcoin and other cryptocurrencies just happened to be more beneficial to the users and investors as an asset which has high profit potential due to its market price volatility. Also, Bitcoin and other coins are not being used on daily transactions for the same reason that guilt is on the way and also, the fact that cryptos are not widely accepted to majority of countries. There's nothing wrong I guess because there is no law prohibiting crypto investment and limiting its utility as a mode of payment.

So to answer the question on what should an invidual possess in order to be a Bitcoin investor; one is courage, another is financial capability and last I guess is knowledge about this industry.Quite self explanatory, I think.


Title: Re: What does it take to become a Bitcoin investor
Post by: qwertyup23 on April 30, 2023, 11:12:11 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies

The moment you purchase BTC and you keep it inside your wallet, then you are considered as a BTC investor.

Regardless on how long you invest your BTC (whether short/long-term), as long as you purchase it with the goal of HODLing it then you fit right into such category. Investing does not mean that you have to purchase relatively high amounts of BTC in the process. You can be an investor even if you started with small/low amounts of BTCs and you can work your way up when you have profited in such investment.

I think this has been a misconception to many that you have to purchase high amounts of BTC in order for you to start. Remember that even by starting small, your journey had already begun as soon as you purchase any amount of BTCs.


Title: Re: What does it take to become a Bitcoin investor
Post by: Iranus on May 01, 2023, 03:01:25 AM
I am not following this trend at all. Why does it really matter if someone needs to call you bitcoin investor or not? Do you need to have a title of that?
I will give it to you. You registered on this forum, you are talking and discussing stuff about the bitcoin, congrats you made it. You are bitcoin investor. Let us be practical, if you really want to achieve a bitcoin investor status then man, get up, go on the adventure of bitcoin. Learn about it, learn how to be perfect Bitcoin hodler. Though there is no competition for true bitcoin investor, you can play it for fun with your friends. However, considering he bought 0.8 btc straight up, he must be keen about Bitcoin adventure and trying out his next profit from the same.

The only best scenario here is, try to get in, merge with bitcoin and tech behind it. Learn and perceive and they adopt to the crypto space accordingly. Forget about whether what you will be called. Focus on the goal.

I don't even want the people around me to know I'm investing in bitcoin, let alone feel happy when they call me a bitcoin investor. Don't forget our goal is profit when investing in bitcoin, so let's try to achieve our goal somehow then we have succeeded. If everyone hails you and calls you a real bitcoin investor, but your investment is losing money, that doesn't make you any happier. So no matter what people call you, the title of bitcoin investor means nothing when you lose. Stay focused on your goal.


Title: Re: What does it take to become a Bitcoin investor
Post by: KingsDen on May 01, 2023, 06:35:47 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies

Though it was created as a currency by Satoshi Nakamoto, it is considered more of an asset than a currency now due to its volatility and the huge value that it gained over the years. Bitcoin serves multiple purposes, it can be used as a currency to be paid or transferred anywhere or bought and stored as an asset just like gold or property.

So, the word "Bitcoin investor" or investing in Bitcoin isn't a wrong terminology considering how it turned out to be and how it is used mostly nowadays, also, it is traded, so when you buy something that can be traded and provide you profits, you can say that you are investing in that particular asset/thing.

Well, I am not also saying that the word bitcoin investment is a wrong terminology. But its usage brings some kind of confusion to newbies which in one way or the other contribute to the failure of some newbies.
Check out the scenario a newbie is made to understand that they just own bitcoin and remove their mind from investment. It will still not make them be in profits during the bull.

But the word Bitcoin investment has led many newbies into patronising ponsi schemes in the name of investing in Bitcoin. Also to buy bitcoin isn't difficult, but they will give their money to other people to help them invest in bitcoin, because they are not aware that merely buying of bitcoin is the investment. They will think that there are alot of things that are to be done apart from buying and holding.


Title: Re: What does it take to become a Bitcoin investor
Post by: Rigon on May 02, 2023, 10:08:08 AM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
If you have a secure wallet and $1 worth of bitcoins in it, you are a bitcoin investor. In this case it is not enough to be an investor, you need to have enough knowledge to invest. Then there needs to be a lot of strategy about investing. And all crypto related news you need to know updates. Because even on the basis of this news, investment plays an important role. If a person can manage all these tasks correctly, then he can claim himself as a Bitcoin investor.


Title: Re: What does it take to become a Bitcoin investor
Post by: Rockstarguy on May 02, 2023, 12:02:25 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies

Wha it takes to be bitcoin investor is to have understanding of bitcoin and this is the principal thing. To be bitcoin investor doesn’t mean you must  have a huge amount of bitcoin in your wallet, if acquiring bitcoin is what makes one to be investor I don't think their will be an investment.  Buying Bitcoin and not having a good understanding about  it can be waste with no positive result.

Understanding is everything,  understanding to know which wallet will be good to invest,  understanding the market to have patience to still hodl even when the market drops, understanding makes investment in bitcoin to be easy and to yield good results.


Title: Re: What does it take to become a Bitcoin investor
Post by: Fivestar4everMVP on May 02, 2023, 12:14:35 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
Honestly, the amount of bitcoin you own doesn't really matter, it can be small or it can be big amount, there is no criteria written any where with a set of rules of what one must do or how much Bitcoin one must hold before he or she is considered a bitcoin investor, and not like you get an ID card to become one, you can hold $10 dollar worth of bitcoin, it is up to you to decide whether you are a bitcoin investor or not, but naturally, as long as you hold those bitcoin and have a target to sell for profit in the future, you are an investor in bitcoin.


Title: Re: What does it take to become a Bitcoin investor
Post by: Sayeds56 on May 02, 2023, 12:21:04 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies

There is no doubt that Bitcoin is a leading asset for long term investment. However, before considering purchase or ownership of Bitcoin, it is important to first understand the technology behind it, the factors those drive its value, it historical track record and its potential to lead the financial system globally. Learning all these aspects of Bitcoin can help you to make an informed decision. The actual act of buying comes as a subsequent step.


Title: Re: What does it take to become a Bitcoin investor
Post by: RealMalatesta on May 03, 2023, 06:22:00 PM
I am not also saying that the word bitcoin investment is a wrong terminology. But its usage brings some kind of confusion to newbies which in one way or the other contribute to the failure of some newbies.
Check out the scenario a newbie is made to understand that they just own bitcoin and remove their mind from investment. It will still not make them be in profits during the bull.

But the word Bitcoin investment has led many newbies into patronising ponsi schemes in the name of investing in Bitcoin. Also to buy bitcoin isn't difficult, but they will give their money to other people to help them invest in bitcoin, because they are not aware that merely buying of bitcoin is the investment. They will think that there are alot of things that are to be done apart from buying and holding.
I think whatever is the simplest that is getting accepted by the people is the right one, there is no need to be fixated on the terminology and focus on that. Just ignore that and move to making more sense with the actions instead of the talks. If newbies like to use it that way, let them use it that way.

I personally consider bitcoin investor as someone who invested into bitcoin, if you ever invested into bitcoin and have bitcoin today, then you are a bitcoin investor, if you did it back in the day but have none right now, you were a bitcoin investor, if you are thinking about buying in the future, you will be bitcoin investor, that is how I use and I feel like it's a very simple one and shouldn't really be considered that different at all.


Title: Re: What does it take to become a Bitcoin investor
Post by: ScamViruS on May 03, 2023, 10:01:17 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
If someone invests without knowledge about something, he may not be able to control himself when the market situation is unstable and will do activities like panic selling. So to be an investor in Bitcoin it is important to have knowledge about Bitcoin so as to be able to hold the invested Bitcoins. But those who come to the Bitcoin market, they automatically become curious about Bitcoin after seeing its behavior. As a result, they once gained enough knowledge about Bitcoin.


Title: Re: What does it take to become a Bitcoin investor
Post by: Lanatsa on May 03, 2023, 10:09:04 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
There's no amount that would really be needed for you to be considered as a bitcoin investor whether you are investing 100 sats or 1 Bitcoin it would really be just the same which you can call
yourself as a bitcoin investor. You shouldnt really be boggling up yourself on how to be one if you could just simply buy on your own and of course it wont really be that
as the same on what your friend amount had bought. As long your budget or money permits then invest on what you can afford to lose.

It's simple, just buy bitcoin. No other complicated task to do so you can be entitled to be one, pretty sure that if you look at the definition of investor doesn't have a lot of requirements in it. I think that your question has already been answered so I think that it's time to lock this topic.
Better to lock this topic to avoid unnecessary replies or repetitive responses which it would really be just that common sense that you would really be considering
yourself to be an investor on the time that you do make out investment no matter how small it would be. It is really just that there are people
who do really love to hear out peoples responses on something which you could actually find or answer on your own. lol


Title: Re: What does it take to become a Bitcoin investor
Post by: Questat on May 03, 2023, 10:28:28 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
If someone invests without knowledge about something, he may not be able to control himself when the market situation is unstable and will do activities like panic selling. So to be an investor in Bitcoin it is important to have knowledge about Bitcoin so as to be able to hold the invested Bitcoins. But those who come to the Bitcoin market, they automatically become curious about Bitcoin after seeing its behavior. As a result, they once gained enough knowledge about Bitcoin.
Investors had a long-term vision, she/he never puts money into an investment that can't assure profit long-term that is why they are willing to hold several years without worrying anything about losses. And before they invest, they also have done research and market study just to know the situation and make familiar and they are not rushing until such time that they are ready enough of it which is why we see them become successful.
Experienced investors are not emotional, perhaps, they are too aggressive then as they are certain of what they doing and have been consistent in their plan despite the changing situation of the market.


Title: Re: What does it take to become a Bitcoin investor
Post by: noormcs5 on May 03, 2023, 10:42:33 PM
I am not also saying that the word bitcoin investment is a wrong terminology. But its usage brings some kind of confusion to newbies which in one way or the other contribute to the failure of some newbies.
Check out the scenario a newbie is made to understand that they just own bitcoin and remove their mind from investment. It will still not make them be in profits during the bull.

But the word Bitcoin investment has led many newbies into patronising ponsi schemes in the name of investing in Bitcoin. Also to buy bitcoin isn't difficult, but they will give their money to other people to help them invest in bitcoin, because they are not aware that merely buying of bitcoin is the investment. They will think that there are alot of things that are to be done apart from buying and holding.
I think whatever is the simplest that is getting accepted by the people is the right one, there is no need to be fixated on the terminology and focus on that. Just ignore that and move to making more sense with the actions instead of the talks. If newbies like to use it that way, let them use it that way.

I personally consider bitcoin investor as someone who invested into bitcoin, if you ever invested into bitcoin and have bitcoin today, then you are a bitcoin investor, if you did it back in the day but have none right now, you were a bitcoin investor, if you are thinking about buying in the future, you will be bitcoin investor, that is how I use and I feel like it's a very simple one and shouldn't really be considered that different at all.

You simply need an investor mindset in order to become a bitcoin Investor. This means that when you buy Bitcoin, you need to have a long term vision that you will hold Bitcoin for some months or years and may not sell quickly for short term profit.

If you buy and sell bitcoin for short term profits then you may be classified as bitcoin trader but not investor. An investor have a long term vision and he is the one who thinks that in the future the bitcoin will be of very high value. Hence he does not become greedy and does not book small profits by selling Bitcoin.


Title: Re: What does it take to become a Bitcoin investor
Post by: crunck on May 03, 2023, 10:46:28 PM
what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies

For becoming Bitcoin investor there no need of any knowledge. when you buy any amount of btc without any knowledge you will be called Bitcoin investor. It's is same like you buy car having no knowledge of driving. you will he owner of this car but It will be more beneficial when you have knowledge of driving. similarly buying btc will make you investor but it's proper benefit can be obtain when you have atleast basic knowledge of crypto and how this holding will benefit you in long term.

If you have no knowledge, how can you buy bitcoins? Moreover, investing in bitcoin without knowledge is like gambling, I wouldn't call it investment but gambling. We do not buy or invest in anything, especially bitcoin, without having knowledge of it. The goal of investing is profit and to earn profit requires knowledge and experience.


Title: Re: What does it take to become a Bitcoin investor
Post by: ScamViruS on May 03, 2023, 10:53:15 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
If someone invests without knowledge about something, he may not be able to control himself when the market situation is unstable and will do activities like panic selling. So to be an investor in Bitcoin it is important to have knowledge about Bitcoin so as to be able to hold the invested Bitcoins. But those who come to the Bitcoin market, they automatically become curious about Bitcoin after seeing its behavior. As a result, they once gained enough knowledge about Bitcoin.
Investors had a long-term vision, she/he never puts money into an investment that can't assure profit long-term that is why they are willing to hold several years without worrying anything about losses. And before they invest, they also have done research and market study just to know the situation and make familiar and they are not rushing until such time that they are ready enough of it which is why we see them become successful.
Experienced investors are not emotional, perhaps, they are too aggressive then as they are certain of what they doing and have been consistent in their plan despite the changing situation of the market.
An investor who researches and invests in how Bitcoin works, and what its future prospects will be, can take a long-term position. Every day new investors come in the Bitcoin market but many of them do not have the knowledge about Bitcoin and cannot stay in the market.

Experienced investors are definitely ahead but becoming an experienced investor takes time to acquire enough knowledge. And many beginners do not have enough time to acquire this knowledge!


Title: Re: What does it take to become a Bitcoin investor
Post by: lonerangerh on May 03, 2023, 11:07:01 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
To be a successful Bitcoin investor, you need to have a solid understanding of the underlying technology, market trends, and trading strategies. This includes keeping up with the latest news and developments in the cryptocurrency space, conducting thorough research before making investment decisions, and setting realistic goals and risk management strategies.


Title: Re: What does it take to become a Bitcoin investor
Post by: Franctoshi on May 05, 2023, 10:16:59 AM
Can you remove the word investor and use own. Your friend is a bitcoin owner because he bought bitcoin with fiat. I also do not see the word "bitcoin investor" so appropriate. That is if bitcoin was to be a currency that Satoshi prosee it to be.
Will it therefore be right to say that I am a dollar investor?

Bitcoin do not only just serves as a currency but also an asset class and a store of value unlike the Fiat currency that loses it value over time due to inflation, but Bitcoin increases in value over time because of its inflation rate is cut halve once every 4 years which makes it a deflationary investment asset. Secondly , the volatility makes Bitcoin interesting and attractive to investors when compared to fiat, So the Op is right by using the word investor because we invest on things we do think it will add value in the future.


Title: Re: What does it take to become a Bitcoin investor
Post by: Mr.sprin on May 05, 2023, 02:35:22 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
your friend is right he has become a bitcoin investor because he has stored bitcoins in his wallet, what bitcoin investors mean is people who hold bitcoins in their wallets, this is why bitcoin prices are expensive because investor confidence in bitcoin is getting higher if investor confidence in bitcoin fades and all btc is sold simultaneously by investors, so the price of bitcoin will drop dramatically and will even become trash, this is just my opinion, if I'm wrong, please cross it out.


Title: Re: What does it take to become a Bitcoin investor
Post by: heslylamba on May 05, 2023, 09:22:56 PM
I think it's simple - if you have bitcoin, you are a bitcoin investor. For example, I buy bitcoin and hodl it in my ownr wallet, which means that I'm a bitcoin investor and it doesn't matter how much I have it.

Why do people like to complicate things so much? haha


Title: Re: What does it take to become a Bitcoin investor
Post by: axxo on May 06, 2023, 04:28:54 AM
To be a bitcoin investor, you need to acquire some bitcoin. This can be done by purchasing bitcoin through a crypto currency exchange platform or you can acquire from trusted individuals. Once you have acquired a Bitcoin, you can hold your investment for a long term process or you can trade it to other crypto currencies. But before investing you need to keep in your mind that crypto currency market is highly volatile and investing in crypto currency involves a lot of risks. Always do a research before making an investment. When you had acquired a bitcoin make sure to keep it in a secure wallet and never ever share your private keys keep it a secure place to avoid hacking.


Title: Re: What does it take to become a Bitcoin investor
Post by: Jet Cash on May 06, 2023, 07:56:00 AM
Is he really an investor, or is he just investing in the Bitcoin infrastructure? If you don't own your private keys, then you aren't investing in Bitcoin, but are investing in the exchanges and the EFTs. So many people who are new to bitcoin don't understand the difference.


Title: Re: What does it take to become a Bitcoin investor
Post by: LastKiss on May 06, 2023, 08:26:03 AM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies

Simple, just buy Bitcoin and move it to your personal wallet preferably like a hardware wallet like Trezor.  You can buy any amount of Bitcoin and start holding and you already become a Bitcoin investor. but inside the investor, there is also a term like a whale, etc. and it is categorized based on how much they're holding.


Title: Re: What does it take to become a Bitcoin investor
Post by: Gladitorcomeback on May 06, 2023, 08:36:31 AM
If you don't own your private keys, then you aren't investing in Bitcoin, but are investing in the exchanges and the EFTs. So many people who are new to bitcoin don't understand the difference.

This is not 100% true because Cex are created for this purpose where you can trade and make deposit and withdraw more quick than dex. When you deposit your fiat and buy btc in exchange, you have invested in Bitcoin. The only problem with Cex is security because you have no private key of your wallet. If any problem happens with exchange and they stop to withdraw funds then you cannot withdraw it. buyer of BTC in exchange will also be called investors but we will say that he is not true holder until withdraw it to own wallet or sell btc ti convert into fiat


Title: Re: What does it take to become a Bitcoin investor
Post by: posi on May 06, 2023, 09:44:28 AM
If you don't own your private keys, then you aren't investing in Bitcoin, but are investing in the exchanges and the EFTs. So many people who are new to bitcoin don't understand the difference.

This is not 100% true because Cex are created for this purpose where you can trade and make deposit and withdraw more quick than dex. When you deposit your fiat and buy btc in exchange, you have invested in Bitcoin. The only problem with Cex is security because you have no private key of your wallet. If any problem happens with exchange and they stop to withdraw funds then you cannot withdraw it. buyer of BTC in exchange will also be called investors but we will say that he is not true holder until withdraw it to own wallet or sell btc ti convert into fiat


Agree, even if our bitcoins are on centralized exchanges, we already own bitcoins and can be called investors. Although the concept of bitcoin is decentralized, it does not mean that if we store it on centralized platforms, we do not own it, as we can withdraw it to our wallets whenever we want. But storing bitcoins on CEX is really something to stay away from, as we never know when they will crash. CEX means trading and exchange and should only be used for buying and selling. Not a safe place to store bitcoins.


Title: Re: What does it take to become a Bitcoin investor
Post by: KiaKia on May 06, 2023, 10:47:30 AM
Not just a bitcoin investor but a successful bitcoin investor and to become a successful bitcoin investor you need to make sure that you're making some extra source of income so that you will be able to provide for your family and at the same time you will be able to provide for yourself.

you'll also be able to have some emergency fund somewhere safe just in case so that your long-term plan as a successful bitcoin investor will come true many people made the mistake of using the money that is meant for something else to invest in Bitcoin thinking that they can make money out of Bitcoin in a very short time and at the end it always result in a loss.

If you want to make money out of crypto in short-term you need to buy what other people are buying, for example alternative coins and presently name coins and making some noise in the space it will be better if you can make some money in meme coins since you cannot wait for a very long time.


Title: Re: What does it take to become a Bitcoin investor
Post by: Supreemo on May 06, 2023, 12:11:54 PM
I am not also saying that the word bitcoin investment is a wrong terminology. But its usage brings some kind of confusion to newbies which in one way or the other contribute to the failure of some newbies.
Check out the scenario a newbie is made to understand that they just own bitcoin and remove their mind from investment. It will still not make them be in profits during the bull.

But the word Bitcoin investment has led many newbies into patronising ponsi schemes in the name of investing in Bitcoin. Also to buy bitcoin isn't difficult, but they will give their money to other people to help them invest in bitcoin, because they are not aware that merely buying of bitcoin is the investment. They will think that there are alot of things that are to be done apart from buying and holding.
I think whatever is the simplest that is getting accepted by the people is the right one, there is no need to be fixated on the terminology and focus on that. Just ignore that and move to making more sense with the actions instead of the talks. If newbies like to use it that way, let them use it that way.

I personally consider bitcoin investor as someone who invested into bitcoin, if you ever invested into bitcoin and have bitcoin today, then you are a bitcoin investor, if you did it back in the day but have none right now, you were a bitcoin investor, if you are thinking about buying in the future, you will be bitcoin investor, that is how I use and I feel like it's a very simple one and shouldn't really be considered that different at all.

You simply need an investor mindset in order to become a bitcoin Investor. This means that when you buy Bitcoin, you need to have a long term vision that you will hold Bitcoin for some months or years and may not sell quickly for short term profit.

If you buy and sell bitcoin for short term profits then you may be classified as bitcoin trader but not investor. An investor have a long term vision and he is the one who thinks that in the future the bitcoin will be of very high value. Hence he does not become greedy and does not book small profits by selling Bitcoin.
it doesn't really matter what the newbies are using for the terminologies, coz the only issue why they fall for such schemes is due to expecting that they can earn ten times or more from their capital in a short amount of time. this is what mostly attracts them that is why they tend to lose money and then call the people who gave them the idea as "scammers". i also agree that due to being greedy is the reason why most newbies fall for that, and it is already generally stated by me above as to why they still believe it.

the most important thing a newbie needs to do is to learn and be patient, coz all of the term investment comes in time along with what you learn. all of us have been once a newbie before, and what we did is learn and learn until so much time had passed. investing only can be called investing if you have money, guts to risk, future plans and continuous learning process.


Title: Re: What does it take to become a Bitcoin investor
Post by: ringgo96 on May 06, 2023, 12:37:45 PM
To become a successful investor in the crypto world, especially investing in Bitcoin, we must first learn the basics that we must understand about Bitcoin because the risk of every investor must exist because when we invest, of course, the capital we have to spend so we must be careful not to experience large losses and we will feel pressured if we never get a profit, So first understand how the chart moves and how to buy Bitcoin on certain exchanges because not all exchanges are safe for us to use.


Title: Re: What does it take to become a Bitcoin investor
Post by: Hypnosis00 on May 06, 2023, 02:09:33 PM
To become a successful investor in the crypto world, especially investing in Bitcoin, we must first learn the basics that we must understand about Bitcoin because the risk of every investor must exist because when we invest, of course, the capital we have to spend so we must be careful not to experience large losses and we will feel pressured if we never get a profit, So first understand how the chart moves and how to buy Bitcoin on certain exchanges because not all exchanges are safe for us to use.
Perhaps, it was a vital thing need to become a Bitcoin investor. Because no way we can call ourselves an investor, or successful investor even though we buy 1BTC or 10BTC when we never know how it works. Because investing is not just all about money and capital but also knowledge. And no way we succeed if don't have those things as it was connected to each other. The more we understand the system, the more encourage ourselves to invest more and earn more. That is why investing doesn't give us profit instantly as it happens when we know how to grow it, just like running a business.


Title: Re: What does it take to become a Bitcoin investor
Post by: Tony116 on May 06, 2023, 03:38:31 PM
To become a successful investor in the crypto world, especially investing in Bitcoin, we must first learn the basics that we must understand about Bitcoin because the risk of every investor must exist because when we invest, of course, the capital we have to spend so we must be careful not to experience large losses and we will feel pressured if we never get a profit, So first understand how the chart moves and how to buy Bitcoin on certain exchanges because not all exchanges are safe for us to use.
Perhaps, it was a vital thing need to become a Bitcoin investor. Because no way we can call ourselves an investor, or successful investor even though we buy 1BTC or 10BTC when we never know how it works. Because investing is not just all about money and capital but also knowledge. And no way we succeed if don't have those things as it was connected to each other. The more we understand the system, the more encourage ourselves to invest more and earn more. That is why investing doesn't give us profit instantly as it happens when we know how to grow it, just like running a business.

Investors will be completely different from successful investors, not everyone who invests in bitcoin will be successful. To me, as long as you own bitcoin, you are already a bitcoin investor. But to be a successful investor must rely on the ability of each person and a combination of many different factors, not just knowledge. It takes a lot of factors, such as knowledge, experience, and skills as well as a little luck in investment... success is a training process.


Title: Re: What does it take to become a Bitcoin investor
Post by: Patrol69 on May 06, 2023, 05:15:58 PM
It is wrong to think that just because you have enough money in your wallet to invest, you are qualified to invest. 

You cannot become an investor only if you have money, but to be a real investor, you need to have adequate knowledge, experience, patience, risk taking, positive thinking about the market, and market analysis. 
If you invest without having any idea about the market, you will definitely fail in your investment.

Whether you have money to invest or not, the first thing you need to know about investing is rules. And by observing the market you also need to know when is the best time to invest. To be a good investor, you can never be dependent on others or take any decision depending on luck.


Title: Re: What does it take to become a Bitcoin investor
Post by: bitzizzix on May 06, 2023, 05:34:55 PM
What you need to know is what is meant by an investor because it relates to all types of investments, and an investor is someone who puts their money in a company, stock or other with the aim of making a profit. And usually in the long term like stocks and also crypto or bitcoin.
and to become an investor there is no standard or amount that must be accepted, and as long as he does it for the long term and to get good profits, he can be said to be an investor. And what distinguishes it is the profit that can be obtained, and it depends on how much is invested.


Title: Re: What does it take to become a Bitcoin investor
Post by: knowngunman on May 06, 2023, 05:37:28 PM
It is wrong to think that just because you have enough money in your wallet to invest, you are qualified to invest. 

You cannot become an investor only if you have money, but to be a real investor, you need to have adequate knowledge, experience, patience, risk taking, positive thinking about the market, and market analysis. 
If you invest without having any idea about the market, you will definitely fail in your investment.

Whether you have money to invest or not, the first thing you need to know about investing is rules. And by observing the market you also need to know when is the best time to invest. To be a good investor, you can never be dependent on others or take any decision depending on luck.
It's wrong to say unless you have the knowledge before you can be refer to as investor. Investor is investor and you are already an investor as long as you own a portion of what you invested on. What I understand from your comment is referring to a successful investor which is not the subject of discussion here.

The original post asked about whether owning a part of Bitcoin qualifies one to be called an investor. The right answer to that question is yes. However, becoming a successful investor requires the qualities that you mentioned in your comment but lacking those qualities does not really disqualified one as an investor if you own it.

It's advisable for one to sincerely seek for knowledge of what you want to invest in no matter how little. It's not possible to have every necessary knowledge actually but one should not be completely illiterate of what you're throwing your wealth into. You can actually seek for advice from experts in the field until you become one.


Title: Re: What does it take to become a Bitcoin investor
Post by: Altryist on May 06, 2023, 05:38:43 PM
Investors will be completely different from successful investors, not everyone who invests in bitcoin will be successful. To me, as long as you own bitcoin, you are already a bitcoin investor. But to be a successful investor must rely on the ability of each person and a combination of many different factors, not just knowledge. It takes a lot of factors, such as knowledge, experience, and skills as well as a little luck in investment... success is a training process.
No one said that investing is an easy task and perhaps luck is the least you should count on in investing. At the moment, bitcoin is moving in cycles and each cycle shows good growth, so it seems to us that now investing in bitcoin looks very attractive, perhaps many people think that this is a win-win investment, but this is not so, since success will depend on many factors and including how long bitcoin can keep this trend.


Title: Re: What does it take to become a Bitcoin investor
Post by: Sanitough on May 06, 2023, 06:45:40 PM
If you buy/own an amount, any amount, then you can be considered one, though I'd consider "owner" more than "investor" since that makes it sound like Bitcoin is some sort of project that people can invest in, but it's not, it's a currency after all. Even without any knowledge really as long as you own an amount you'd be considered as one. I reckon a lot of people who use fiat don't really understand how it works and yet they still use it and can be considered to own fiat as well.

There's definitely some desire for bragging hence why he coined it like that but eh, whatever, glad for him though.
I guess being an investor is actually not that hard, but if you mean a successful bitcoin investor, that implies knowledge and skills so you won’t end up investing at a loss. And by investing without greed, but patience and persistence until you see your investment slowly working into progress, until it finally paid off. Investing is also an art, that’s why you also have to put your passion on it, but never too emotional.


Title: Re: What does it take to become a Bitcoin investor
Post by: RockBell on May 06, 2023, 07:33:49 PM
To become a successful investor in the crypto world, especially investing in Bitcoin, we must first learn the basics that we must understand about Bitcoin because the risk of every investor must exist because when we invest, of course, the capital we have to spend so we must be careful not to experience large losses and we will feel pressured if we never get a profit, So first understand how the chart moves and how to buy Bitcoin on certain exchanges because not all exchanges are safe for us to use.
Perhaps, it was a vital thing need to become a Bitcoin investor. Because no way we can call ourselves an investor, or successful investor even though we buy 1BTC or 10BTC when we never know how it works. Because investing is not just all about money and capital but also knowledge. And no way we succeed if don't have those things as it was connected to each other. The more we understand the system, the more encourage ourselves to invest more and earn more. That is why investing doesn't give us profit instantly as it happens when we know how to grow it, just like running a business.

Investors will be completely different from successful investors, not everyone who invests in bitcoin will be successful. To me, as long as you own bitcoin, you are already a bitcoin investor. But to be a successful investor must rely on the ability of each person and a combination of many different factors, not just knowledge. It takes a lot of factors, such as knowledge, experience, and skills as well as a little luck in investment... success is a training process.

Not only in bitcoin  but every business  has principles and  there are books that can help you become better in times of using  this principles, coming  back to bitcoin  a lot of people  love bitcoin  and want to invest in bitcoin  but the continuity matters a lot, I know of people that will disturb  you that they want to invest in bitcoin  before  you know they start selling  gradually  till it finishes, one thing  people don't get is that investing in bitcoin is not for everybody. The factors stated  are majorly what makes you an expect but a lot of people are avoiding the process  and that's why a lot of bitcoin investors have given up.


Title: Re: What does it take to become a Bitcoin investor
Post by: Ale88 on May 06, 2023, 07:35:06 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
Becoming an investor simply means investing in something, doesn't matter whether it's bitcoin, Apple or Tesla. There is no minimum value, you decided to buy something great, now you invested in that asset and you became an investor. Considering the current prices I would say that 0.8 BTC is a very decent amount, not too many people can afford to spend more than $23k at once. But he would be an investor even if he bought 100 satoshi.


Title: Re: What does it take to become a Bitcoin investor
Post by: Viscore on May 06, 2023, 09:54:45 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
The moment you invest into something, you are instantly an investor. But investing without knowing what you are investing, and how to make your investment works, will never be successful in one’s investment. As a successful investor, you need to develop the right attitude towards investing, by being patient and focused on your set goal and sticking to it, you will end up profitable. And of course, by investing in the right coins that have high potentials for massive returns, that will help you to become a successful and profitable investor in the long run.


Title: Re: What does it take to become a Bitcoin investor
Post by: sulendra12 on May 06, 2023, 10:19:39 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
If you buy the assets for the hope to get profit when you sell it then it called Investor. It doesn't matter if you know about said assets before you invest. But again there is a difference between smart investors and bad investors, that's why the knowledge and experience matters a lot here. Your friend really had a bold move saying he purchased 0.8BTC, I hope he knows what he is doing otherwise it will be wasted.


Title: Re: What does it take to become a Bitcoin investor
Post by: Texac on May 07, 2023, 12:47:31 AM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies

after all, it's just a fictional name.  when you own bitcoin, you are already an investor, but being an investor does not mean you will get a return on your investment.  what is the goal of the investment? It's profit, so making a profit is more important than people calling you a bitcoin investor.

If you just want people to call you a bitcoin investor, then by owning 100 satoshis, you are already a bitcoin investor.


Title: Re: What does it take to become a Bitcoin investor
Post by: Inwestour on May 07, 2023, 10:20:43 AM
after all, it's just a fictional name.  when you own bitcoin, you are already an investor, but being an investor does not mean you will get a return on your investment.  what is the goal of the investment? It's profit, so making a profit is more important than people calling you a bitcoin investor.

If you just want people to call you a bitcoin investor, then by owning 100 satoshis, you are already a bitcoin investor.
Well, I don't know, it's like saying that you are an investor because you own one share of Coca Cola, but what is the purpose of such an "investment"?

For me, this is not an investment, it's just the first step, an attempt to create something, it's definitely not an investment. I see on the forum they create topics asking if it is possible to start buying bitcoin with $ 30 a month, in fact, you can start buying with any amount, but you will not become an investor from this, it will take too much time to create some kind of more or less significant investment.

I don’t want to name any amount, it will be different for everyone, but in the end you need to be realistic and understand what the investment can lead to if bitcoin reaches, for example, the price of 100k. Therefore, everyone can calculate the prospects for their investments.


Title: Re: What does it take to become a Bitcoin investor
Post by: Alisha-k on May 07, 2023, 12:56:42 PM
An investor is an individual who puts his money into a business, an organization.
This is what your friend has done and so he's not wrong to say he's an investor, even though purchasing Bitcoin isn't the only thing to do as an investor.


Title: Re: What does it take to become a Bitcoin investor
Post by: LogitechMouse on May 07, 2023, 02:42:39 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
As long as you own Bitcoin, you are already a Bitcoin investor.
I mean why need to complicate it. Isn't the definition of Bitcoin investor is "A person who owns Bitcoin"?

What does it really take to become a Bitcoin investor? Capital. That's all you need so that you can call yourself a Bitcoin investor. It doesn't matter if you own a considerable amount of Bitcoin, or a small amount of Bitcoin, or a very huge number of Bitcoins. As long as you are holding Bitcoin, you consider yourself as a Bitcoin investor already.

There's nothing more to it. Knowledge? Maybe the only thing that you need to learn is to know when to buy and sell, and that's it.


Title: Re: What does it take to become a Bitcoin investor
Post by: S A KHAIR on May 07, 2023, 02:52:08 PM
Is he really an investor, or is he just investing in the Bitcoin infrastructure? If you don't own your private keys, then you aren't investing in Bitcoin, but are investing in the exchanges and the EFTs. So many people who are new to bitcoin don't understand the difference.

When your bitcoins are stored on centralized exchanges, you won't have full control over them. But that doesn't mean you don't own it, you can withdraw your bitcoins anytime you want. It's still your bitcoin, so you're still an investor.


Title: Re: What does it take to become a Bitcoin investor
Post by: Texac on May 08, 2023, 10:32:18 AM
after all, it's just a fictional name.  when you own bitcoin, you are already an investor, but being an investor does not mean you will get a return on your investment.  what is the goal of the investment? It's profit, so making a profit is more important than people calling you a bitcoin investor.

If you just want people to call you a bitcoin investor, then by owning 100 satoshis, you are already a bitcoin investor.
Well, I don't know, it's like saying that you are an investor because you own one share of Coca Cola, but what is the purpose of such an "investment"?

For me, this is not an investment, it's just the first step, an attempt to create something, it's definitely not an investment. I see on the forum they create topics asking if it is possible to start buying bitcoin with $ 30 a month, in fact, you can start buying with any amount, but you will not become an investor from this, it will take too much time to create some kind of more or less significant investment.

I don’t want to name any amount, it will be different for everyone, but in the end you need to be realistic and understand what the investment can lead to if bitcoin reaches, for example, the price of 100k. Therefore, everyone can calculate the prospects for their investments.

if owning bitcoin does not make you an investor, then if someone wants to become a bitcoin investor, what are the necessary and sufficient conditions?  can you tell me what is the definition of an investor?  and in case OP's friend owns 0.8 BTC, is he not a bitcoin investor?
I also don't want to mention the amount invested because everyone has a different economy, and I think it has nothing to do with being an investor.


Title: Re: What does it take to become a Bitcoin investor
Post by: Bazzu on May 08, 2023, 11:23:02 AM
Investors are always tried to get more profit by any kind of bussiness. There are many big Investors in crypto and hold their btc or other crypto. Yes, you invest in btc, you are btc investor. Probably When they get profit for btc or other crypto, they sell or wait for more profit.


a btc investor really has to get a profit because in my opinion an investor, if he doesn't get a profit, he feels less enthusiastic even though many call him an investor and it would be even better if he is called an investor with good quality and always benefits from his investment.
so in my opinion what is more important is in terms of quality.


Title: Re: What does it take to become a Bitcoin investor
Post by: TheUltraElite on May 11, 2023, 02:59:40 PM
If you just want people to call you a bitcoin investor, then by owning 100 satoshis, you are already a bitcoin investor.
True indeed, the beauty of how bitcoin has been created, it does not separate you from other people but accepts you as an investor even at the minimum amount bought. Indeed you can just buy any amount whenever and whichever price you wish to, no questions asked. But to know how to keep your coins secure you need to have some basic security knowledge and about wallet software available.

What people go wrong with is buying shitcoins and going for get-rich-quick schemes where there will be big showy pages but zero returns infact you will get scammed. So those things dont come under bitcoin investing, rather it is only the spot trading of bitcoin.


Title: Re: What does it take to become a Bitcoin investor
Post by: Sakanwa on May 11, 2023, 08:11:25 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies


Investment in almost every one dream and arms, for you to become investor you most have to learn and be smart in every area of life, Because our world now we really need more of investmentt then eat all for example in my country Nigeria everything is get high every day to day so you learn how to invest the spending much, so I tried taking the risk to invest because for you to become an investor you have to bear what ever that comes either you loss or profit.
So for you to become an investor you have to know about what you want to invest in and how it works and also the risks that follow before getting to invest. becoming a good investor you most make research to more on any investment platform in ae getting into.


Title: Re: What does it take to become a Bitcoin investor
Post by: ItsCrafty on May 13, 2023, 11:17:00 AM


When your bitcoins are stored on centralized exchanges, you won't have full control over them. But that doesn't mean you don't own it, you can withdraw your bitcoins anytime you want. It's still your bitcoin, so you're still an investor.

But I think it's not without risk to hold your bitcoins on exchanges and consider yourself the owner.It is just like you keep your capital with someone else and take it from him at the time of need. But there is no guarantee when someone else will take your money and run away,Because your capital is only yours when it is in your possession.

The example of FTX exchange is infront of us where many investers have lost their capital recently.Exchanges only give you access to your bitcoins and give you only one password, While your bitcoin remains in the possession of the exchange .So according to my opinion it is better that you keep Bitcoin in your personal wallet.


Title: Re: What does it take to become a Bitcoin investor
Post by: karmamiu on May 13, 2023, 01:04:22 PM


When your bitcoins are stored on centralized exchanges, you won't have full control over them. But that doesn't mean you don't own it, you can withdraw your bitcoins anytime you want. It's still your bitcoin, so you're still an investor.

But I think it's not without risk to hold your bitcoins on exchanges and consider yourself the owner.It is just like you keep your capital with someone else and take it from him at the time of need. But there is no guarantee when someone else will take your money and run away,Because your capital is only yours when it is in your possession.

The example of FTX exchange is infront of us where many investers have lost their capital recently.Exchanges only give you access to your bitcoins and give you only one password, While your bitcoin remains in the possession of the exchange .So according to my opinion it is better that you keep Bitcoin in your personal wallet.
Since then, what's the most important from every user is their own security. One thing I have noticed from people who doesn't want to invest in bitcoin and wanted to keep their moneys on the bank is that, they are too tired to manage their own finances. Also, ever since then, those who owned crypto are advised that it is much better to keep their own finances in which they can manage compared to storing it inside a custodial wallet that has plenty of people in control, and although they are not someone who will intentionally use your data and information but still has a tendency to do it, it is also not fun to think every night that there will be chances that their platform could be breached or your data could be misused or stolen.


Title: Re: What does it take to become a Bitcoin investor
Post by: Wildwest on May 13, 2023, 01:31:31 PM
If you already have Bitcoin assets at this time, of course you are already one of the Bitcoin investors, and currently there are very many Bitcoin investors who have studied Bitcoin so that they can get greater profits when investing, because when we become investors we must know how the movement of Bitcoin occurs and the risks we must face because not all Bitcoin investors can always be profitable and this has indeed become the nature and risk of the  Investors, whatever happens you have to face especially in the crypto world.


Title: Re: What does it take to become a Bitcoin investor
Post by: Broadanbig on May 13, 2023, 01:33:44 PM
Being a bitcoin investor is not hard and it is not a problem. Although it is not just all about buying bitcoin but knowing the basic fundamentals of holding bitcoin as a whole. Also depending on how you intend holding your bitcoin wether a long or short term, there are some things you have to know as a bitcoin investor because that would guide you through to have clues on what to do and how to do it.

At first, your asset safety and security matters because that is your investment and as such should be properly secured from hackers and scammers.
Save your assets in your own personal self custodial wallet. It is a wallet where by you alone have access to the private keys and phrase.
Do well to save the documents where ever you have written your private keys and phrase in a safe and secured place were only you have access to.
Do not save your assets with any third party one centralised exchange otherwise if anything happens to the exchange, your assets and funds are gone.


Title: Re: What does it take to become a Bitcoin investor
Post by: romero121 on May 13, 2023, 02:53:45 PM


When your bitcoins are stored on centralized exchanges, you won't have full control over them. But that doesn't mean you don't own it, you can withdraw your bitcoins anytime you want. It's still your bitcoin, so you're still an investor.

But I think it's not without risk to hold your bitcoins on exchanges and consider yourself the owner.It is just like you keep your capital with someone else and take it from him at the time of need. But there is no guarantee when someone else will take your money and run away,Because your capital is only yours when it is in your possession.

The example of FTX exchange is infront of us where many investers have lost their capital recently.Exchanges only give you access to your bitcoins and give you only one password, While your bitcoin remains in the possession of the exchange .So according to my opinion it is better that you keep Bitcoin in your personal wallet.
Once after the issue of FTX exchange people are more aware to keep their holdings in a much secure way. Centralised exchanges always have the good and the high risk. Good is the support system and the ease of usage, compared to the decentralised ones. Having our bitcoin in our own wallet is the right way to have control over our funds.

Even with the wallets we need to be aware, because we think every wallet we use is decentralised. It is wrong, wallets in which you'll have the private key is the real decentralised wallet. While using such wallets it is a must to use the proper URL or the proper application as it is possible to see similar wallets with similar features.


Title: Re: What does it take to become a Bitcoin investor
Post by: AnonBitCoiner on May 13, 2023, 06:08:10 PM
Just money is necessary to become a bitcoin investor but if you have well thoughts and a knowledgeable ideas so you can become a successful investor. Investor means that you have used your money by buying something like that of invested money into some coin so your investment makes you investor.

There is no other compulsory actions to do just gather some money invest it in bitcoin and you will be called as bitcoin investor but you should have command on your assets because success requires work and brilliant experience and ideas.


Title: Re: What does it take to become a Bitcoin investor
Post by: Sakanwa on May 13, 2023, 06:11:54 PM
For someone to be called an investor a good knowledge about investment and has face alot of things during investing.
A great investor most be a risk-bearer and be ready to face what ever that comes out from his or her investment.
A good investor most let go of fear and also getting over his emotions not to be cut out with due to emotional issues.

Not having 0.8 bitcoin and you call yourself an investor, do you have what it takes to been an investor!!!, Can you bear the pain when hard times comes, because am investor is ever ready what ever that comes out either profit or lost. For you be an investor you have to learn the ways of an investor.


Title: Re: What does it take to become a Bitcoin investor
Post by: lizarder on May 13, 2023, 06:49:41 PM
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
To become a bitcoin investor you must have money and knowledge as the main requirements, because if you don't have money you definitely can't afford bitcoin. Talking about money, of course many people have it, but also many of them are not investors in bitcoin, so money and knowledge are equally important to make anyone a bitcoin investor. Investors must also understand how to store bitcoin in a safe place, this is no less important than money and knowledge about bitcoin.

Your friend is new to bitcoins so you can advise on how to store bitcoins in a safer place, as security and risk are a concern. After everything is understood, let him continue to be consistent in investing so that one day he becomes a successful bitcoin investor.


Title: Re: What does it take to become a Bitcoin investor
Post by: Dzwaafu11 on May 13, 2023, 07:20:22 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
Actually, there is no need to hold a large quantity of bitcoin before being considered a bitcoin investor, as long as you have put your money into it. By investor, Not only bitcoin, but everybody who puts their money into anything qualifies as an investor base on what I understand.

The same as with bitcoin, all you need is key understanding about the crypto currencies and how to hodl on for a long period of time, as well as other necessary things like putting it in your mind that you either lose or get profit.


Title: Re: What does it take to become a Bitcoin investor
Post by: CryptSafe on May 13, 2023, 11:04:07 PM
what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
For becoming Bitcoin investor there no need of any knowledge. when you buy any amount of btc without any knowledge you will be called Bitcoin investor. It's is same like you buy car having no knowledge of driving. you will he owner of this car but It will be more beneficial when you have knowledge of driving. similarly buying btc will make you investor but it's proper benefit can be obtain when you have atleast basic knowledge of crypto and how this holding will benefit you in long term.
If you have no knowledge, how can you buy bitcoins? Moreover, investing in bitcoin without knowledge is like gambling, I wouldn't call it investment but gambling. We do not buy or invest in anything, especially bitcoin, without having knowledge of it. The goal of investing is profit and to earn profit requires knowledge and experience.

As an investor, the first and foremost thing that you must do before investing into a project or business is you knowing about that business, the ups and downs, the good and the bad otherwise it is more or less you gambling just as you have said. One needs to know and have a sound knowledge of what they are about investing their funds into so as not to be taken unawares by he market volatility, trends and storm just as it is now the ordinals attack on the bitcoin chain.  Having a sound knowledge of your bitcoin investment prepares you for the mental and traumatic stress if there is any in the course of holding depending on the terms of holding it because it is not guaranteed that the market would be smooth as your plans and toughts are.


Title: Re: What does it take to become a Bitcoin investor
Post by: Silver005 on May 15, 2023, 12:44:46 PM
Yes ooh, just like other people have said here,my dear I have never had that this is the specific amount someone needs to attain before he or she will become a Bitcoin investor,it is just for you to purchase any amount of coin you are able to afford and store in your wallet and you own a Bitcoin and eventually you become the investor,

So maybe you do hear someone are being called Bitcoin investor maybe because he spends all his or her time in the network on social media going from one site to other and making investment,he did according to his or her capacity,he may not even invest up to $100 but due to his doing it constantly and people always sees him or her,they may start calling him or her Bitcoin investor,so what am l saying,it doesn't require any certain amount to become a Bitcoin investor ok, just invest with the little you can and automatically you become a Bitcoin investor as well ok..


Title: Re: What does it take to become a Bitcoin investor
Post by: Woodie on May 15, 2023, 01:01:08 PM
The word "investor" is usually associated with big fat pockets, but when this comes to cryprocurrencies I think the word is loosely thrown around  to mean anybody that can afford the crypto coin to buy and hodl.

So basically to be come a Bitcoin investor doesn't have to mean having to have millions of dollars pumped into a project,anything you buy can make you an investor ::) seen this with ICOs,IEO  were anybody that buys/bought a projects token is literally called an investor...so it just makes sense that if you can buy BTC this should also qualify you to be called an investor.


Title: Re: What does it take to become a Bitcoin investor
Post by: Victorybit1 on May 15, 2023, 02:06:00 PM
My advice is first to educate yourself about Bitcoin. Learn everything you need to know about Bitcoin and what it entails, the risk involve. After getting the required knowledge, create an account and choose a good Bitcoin exchange platform like Binance, there are several bitcoin
 exchange platforms.
After this, fund your account, after funding your account with fiat currency USD, Once you have funded your account, you can use the exchange trading platform to buy bitcoin.


Title: Re: What does it take to become a Bitcoin investor
Post by: Gallar on May 15, 2023, 02:07:45 PM
I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
To invest in bitcoin, you definitely need a certain amount of money to buy it. Because that is your initial condition for starting steps to invest in bitcoin. If you don't have money, how do you buy bitcoins. Having knowledge and knowledge in the world of investment, is definitely mandatory, that is also included in investing in bitcoin. Because if you invest in bitcoin, but you don't have the knowledge, mistakes or even fatal mistakes will definitely arise, such as losses. The two things above are the most important elements in investing in bitcoin. So if you are looking for something significant about how someone can be considered a bitcoin investor, the above argument is the answer. So in conclusion if someone wants to become an investor in bitcoin, the method is not complicated, you could even say it's easy. The most important thing is to learn first, then start investing in bitcoin.


Title: Re: What does it take to become a Bitcoin investor
Post by: zanezane on May 15, 2023, 02:21:47 PM
My advice is first to educate yourself about Bitcoin. Learn everything you need to know about Bitcoin and what it entails, the risk involve. After getting the required knowledge, create an account and choose a good Bitcoin exchange platform like Binance, there are several bitcoin
 exchange platforms.
After this, fund your account, after funding your account with fiat currency USD, Once you have funded your account, you can use the exchange trading platform to buy bitcoin.
I agree, also you should know the risk you will take investing to Bitcoin. First step is to educate yourself about Bitcoin by reading its whitepaper(https://bitcoin.org/bitcoin.pdf) and understand deeper meaning of it. Not only meaning and about the coin, also the technical side of Bitcoin.

And If you already understand the technical and what is bitcoin, the first thing you will do is creating a wallet where you will keep the Bitcoin. Next is to buy, there are three ways to have a Bitcoin: by cryptocurrency exchanges, peer to peer trading and Bitcoin Atms. Secure your Bitcoin by enabling two factor authentication. Learn about security and best practices like private key management, avoid phishing scams, and securely storing your Bitcoin. Stay updated or informed about the latest development and learn more about Bitcoin by following reputable news resources, participating in online communities like this site (http://bitcointalk.org) , and reading educational materials.


Title: Re: What does it take to become a Bitcoin investor
Post by: blockman on May 15, 2023, 06:12:40 PM
If you already have Bitcoin assets at this time, of course you are already one of the Bitcoin investors, and currently there are very many Bitcoin investors who have studied Bitcoin so that they can get greater profits when investing,
And there go the lucky ones that have invested the right one and those that aren't who have invested at the wrong time.

because when we become investors we must know how the movement of Bitcoin occurs and the risks we must face because not all Bitcoin investors can always be profitable and this has indeed become the nature and risk of the  Investors, whatever happens you have to face especially in the crypto world.
It takes time to become profitable and you're right that it's not all that becomes profitable. Such experiences that we get from the market being an investor/holder, teach us on how to approach the market in our own ways. Some do just nothing at all while some, accumulate if the market favors and it's not that high at all.

My advice is first to educate yourself about Bitcoin. Learn everything you need to know about Bitcoin and what it entails, the risk involve. After getting the required knowledge, create an account and choose a good Bitcoin exchange platform like Binance, there are several bitcoin
 exchange platforms.
After this, fund your account, after funding your account with fiat currency USD, Once you have funded your account, you can use the exchange trading platform to buy bitcoin.
Everything will be learned accordingly if you invest in Bitcoin. You'll be exploring all of those things even going in the exchange and trying your ownself doing all of those trades.



Title: Re: What does it take to become a Bitcoin investor
Post by: serjent05 on May 15, 2023, 10:54:14 PM
My advice is first to educate yourself about Bitcoin. Learn everything you need to know about Bitcoin and what it entails, the risk involve. After getting the required knowledge, create an account and choose a good Bitcoin exchange platform like Binance, there are several bitcoin
 exchange platforms.
After this, fund your account, after funding your account with fiat currency USD, Once you have funded your account, you can use the exchange trading platform to buy bitcoin.
I agree, also you should know the risk you will take investing to Bitcoin. First step is to educate yourself about Bitcoin by reading its whitepaper(https://bitcoin.org/bitcoin.pdf) and understand deeper meaning of it. Not only meaning and about the coin, also the technical side of Bitcoin.

Yeah in investing we need to know the all around of the asset we are investing into.  For example, if we like to invest in Bitcoin we should be aware of its market, the technology behind it and the current event that has something to do with the sentiment of the market.  We must also know when to sell and when to re-invest.  This way our capital isn't just sleeping idle in our stash, it can grow by taking advantage of the dips and surge of the market.

And If you already understand the technical and what is bitcoin, the first thing you will do is creating a wallet where you will keep the Bitcoin. Next is to buy, there are three ways to have a Bitcoin: by cryptocurrency exchanges, peer to peer trading and Bitcoin Atms. Secure your Bitcoin by enabling two factor authentication. Learn about security and best practices like private key management, avoid phishing scams, and securely storing your Bitcoin. Stay updated or informed about the latest development and learn more about Bitcoin by following reputable news resources, participating in online communities like this site (http://bitcointalk.org) , and reading educational materials.

In investment since we are not actually the one creating the program, knowing the basic of Bitcoin in terms of technology or usability is enough.  We don't need to study all the codes within it because there is someone who is doing the work for us, we just need to be updated.


Title: Re: What does it take to become a Bitcoin investor
Post by: Bitcoin_people on May 16, 2023, 07:22:06 AM
Basically if a person wants to invest in bitcoins then he must follow the steps.
You have to have money without money you can never invest.
Requires special knowledge and skills about cryptocurrencies.
Invest with confidence and be patient.
Good market strategy should be adopted.
If you follow these tips, you will definitely get a return on your investment. In order to invest in Bitcoin, you need to invest at a level where you will not lose in the future.So you can invest in a bear market and be patient until the market picks up again.