Bitcoin Forum

Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing,  their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers,  but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂

Everything highlighted is true except the one I stroke, you should always be cautious about how your coins are stored else you are just HODLing for someone steal later. It's been said If you can't be responsible in storing your coins then don't invest in bitcoin or cryptocurrency

In addition to Kelward reply, no matter how aggressive we try to accumulate more bitcoin especially if we are trying to catch up with older bitcoin investors we need to make sure we actually have funds to take of ourselves and also an emergency funds in case something comes in unexpectedly we don`t have to sell our coin to fix that issue and avoid any chance of selling our bitcoin in a lost.


Also the risk involve in HODLing bitcoin in a non-custodian wallet is minimal in comparison to what you will gain, while though trading bitcoin is less risky than trading altcoins since majority can be easily manipulated HODLing is still much better and less risky to it no matter what anyone will say. Also as a true bitcoin investor we shouldn`t be thinking of selling all our coins or using our profit solely for other things instead save some of our profit for getting more coins later

No investment comes with risk free. Every business has it's own risk and crypto isn't an exception here. Anyone looking at the risk in business can never become an investor. One just need to learn how to minimize the risk in any business one is planning to do. That is why is important to learn about crypto before investing in it. This will help you to manage your risk.

Cryptocurrency is not as easy as it seems, it comes with a whole lot of stress and work, we just have to continue doing what we think is right for every single one of us. Bitcoin holders will try their best to ensure things goes smoothly on their ends, none of us wouldn't appreciate ourselves with good entries on bitcoin especially when we're giving the golden opportunities to do so. We should be looking at the brighter side because it comes with a whole lot of sacrifice and there's definitely no going back when one already spotted a bold moves in the system.

Thinking about positive things is good, but how to transform everything present around you cannot ignore the risks to prevent. We want good things in the future because of the things we have experienced in the past, with bitcoin there are many opportunities and I believe that in the future there will also be many opportunities with it. But in terms of investment, we view Bitcoin as a long-term investment and focus on its great potential. Bitcoin price can fluctuate strongly in the short term, but it tends to increase in value over time.

I hope I had this mindset several years ago. I wish I was able to just HODL it because it's really everything that I would've wanted, but sadly, no. It's really saddening to experience that but that's just life. It happens and you need to be aware of how you are going to proceed with your decision, especially in the cryptocurrency market. It's not easy. As long as you believe now and continue to do what you are ought to believe, then you shouldn't feel any pressure.

I don't see a lot of downs as a bitcoin investor, I've been an investor for a really long time and throughout the years, I haven't seen any kind of downside to my investment, I'm sure though that there's some that would consider it a down if I were to list my ups as an investor but to me, it doesn't matter because if the up is always bitcoin would always give me back the investment that I've put into it even more and as long as that's the case, I can always wait for bitcoin no matter how much I invest in it. Totally the thing that you should do when you're invested in any crypto, always look into the brighter side no matter what because it's going to be like this for bitcoin market ever since, it won't change for you so the best way that you can go in all of this is to do the adjusting in the market and always be a positive about the market.

Respectfully I disagree. Yes, bitcoin has helped a lot of us and I would never downplay the benefits bitcoin has given me. It is indeed one of the most innovative and smartest projects the 21st century has given us however being blindly optimistic is not gonna help anyone. We have to acknowledge that bitcoin is not perfect and requires more work done. If we want to maximize everything bitcoin can offer, we have to think of ways how to make it even better.

Moreover, every investment carries some degree of risk, and investing in Bitcoin is no exception. Bitcoin is a popular and volatile currency and has both positive and negative aspects. However, even if it takes a positive turn now, it is difficult to say when the market will turn. Because Bitcoin has been going through many ups and downs and is already taking bold steps towards the bright side. However, we have to keep in mind the risk side, along with all the positive aspects of Bitcoin. Because, as you say, more work needs to be done, and if we want to maximize all that Bitcoin has to offer, there is no doubt that we need to think about how to make it better.

For me, it's normal to notice some issues with Bitcoin because if you are actively using the Bitcoin network, especially in your daily lives, you will notice some things that are bothering you.
But to answer this specific question, we already have solutions for these kinds of problems nowadays. And for me, noticing this kind of problem is challenging because it will help for Bitcoin or other projects that can help Bitcoin to grow and improve.

Nothing is perfect and Bitcoin blockchain is not perfect.

The strength of Bitcoin network is from its decentralization with highest network hash rate, many full nodes and also from the disappearance of the founder, Satoshi Nakamoto.

There is no Halt button on Bitcoin blockchain like Binance Smart Chain and many altcoin smart contract blockchain.

If people are looking for a safest blockchain, it's Bitcoin blockchain.
https://howmanyconfs.com/

If they want to have cheaper transaction fees, they can use altcoin blockchain but with higher risk of network attacks.

Bitcoin investment in the long term cannot be used as the main source of income to meet living needs. In the economic aspect, there must be other work to meet life's needs. In my opinion, long-term Bitcoin investment is buying Bitcoin with saved money and saving it without using the money for daily needs

As the quote says, "you can't please everybody". And that's the thing for all of those flaws that you've mentioned and it's up to the person if he'd look that up at most times because there is no perfect projecy nor a system. While we've been into this for quite a while, everything that's about negativity should just be ignored. It will make you stronger and firmer holder/investor of Bitcoin if you're looking on it as a long term holder. Your feelings will be tested when there are some big dumps and that's how it made my heart stronger. So, don't be part of those people when someone describes a market dump as "shaking of the weaklings".

Yes, I agree with you, of course we will not be free from risk because in the online and offline world everything contains risks. Yes, investing in crypto certainly cannot be separated from risks, but of course the safest crypto is Bitcoin. Yes, in any case, if we think too much about risks and don't dare to take steps because of risks, then we won't be successful in any business.

Yes, managing risk is of course also very necessary, but yes, in this case, insight is needed because with a lot of insight and knowledge, we will find it easy in any case, as well as investing in Bitcoin. And indeed, what needs to be done for someone who wants to get involved in crypto, especially Bitcoin, is of course to first know the knowledge and what money is appropriate to put into Bitcoin so that investing in BTC feels comfortable.

Yes, of course we have to look at the positive side of Bitcoin so that we are enthusiastic and have the potential to be successful in the future, but in my opinion we also need to look at the negative side so that we are always alert to Bitcoin's movements so that we can manage risk. So knowledge and information are very much needed.

That's right, and the smartest ones are those who are already good at navigating this and if they already know how comfortable it is to invest in BTC in the long term, it's just that market conditions change and that puts more or less pressure on changing our trading patterns for short-term trading, of course with various alibis, but what is certain is that short-term trading is tiring and uses up a lot of energy.

Off course, there are many indicators that can be studied and applied, although none of them are perfect and suitable when we are going to make decisions about when to place a set buy bid and to set sell, Yeah. we also know that Bitcoin also has an element of volatility and it is very likely that it will not disappear soon. For me and everyone who already understands Bitcoin, this is not a bad investment when you see the market is correcting because after all normal Bitcoin has been proven many times to be able to generate profits for those who hold it.

We can't know for sure that Bitcoin will continue to grow, but we can reasonably expect that to happen and believe that it will happen. I think that completely ignoring negative things isn't the best strategy because it's important to be realistic and to respond to risks when they occur. For now, the situation is pretty good, but at some point something serious enough to doubt Bitcoin's future might happen, so being realistic will come in handy. Instead of ignoring the bad stuff, I believe that we should learn to accept it and be calm about it.

Everything has two sides to be honest. One where you see the positive thing, and other where there is something negative. You have many times heard the saying that every coin has two sides. Hence it applicable for Bitcoins also. Some people exploit the negative side of the coin. While some keeps on going to use it for the welfare. We can’t do anything, be it Bitcoins or anything, if people like to exploit it, we can’t help. So we just have to ignore these and move on.

Just a little advice OP, always make sure you proofread your post content before making them appear to the public, from what you just said here, bitcoin is a reliable investment but has its own challenges, this is what is expected of us in telling the newbies that are just coming in so that they are going to prepare their mind and know what is expected and at stake, anything that has an opportunity of making income also comes with its risk, this is what we should expect, you can earn or loose from bitcoin investment, but when you know what you're doin, the loss may be minimal and you're likely to be more profitable with bitcoin.

Yep! Just like any other thing, Bitcoin has its good and bad sides. Some people might use it for shady stuff but others are all about using it for positive things. We can't control how everyone uses it but we can choose to focus on the good and keep moving forward. As long as we're using Bitcoin for positive purposes and ignoring the negatives, we're on the right track. It's all about staying optimistic and making the most of what Bitcoin has to offer

If you don't want to look at the negative side of investing in bitcoin, but only the positive side, you might end up not without success in your bitcoin goal. It is a norms as an investor not to FOMO or get carried away with little price fluctuations,so that you don't get distracted from your focus on a long term goal.

However, on your investment journey, you must think of the risk attached to bitcoin investment, so that you can have an insight of how to overcome it, and become successful in your bitcoin journey. Anybody that is investing without think of the risk attached to it, will fail in that investment. So we should consider the other side of bitcoin and not only the bright side, to help us know how much to put in, and how to make sure our investments are safe.

If this is me back in 2017 I may be more than richer mate and that Mindset will surely brings me to success , but sadly I am not and yes i did not hold it strongly and most sadly when the pandemic happens that I need to release my coins .
its lucky that many new enters now has bigger Idea to what is bitcoin and its capacity to bring in its investors.

I think we don't need to run away or hide from them but instead face them and be ready to confront them, only then can we be resilient in overcoming the challenges in our journey to holding bitcoin. In my opinion, if we do not dare to look at the negative side but only look at the positive side, we are afraid and in the long run it will not be good. Because holding bitcoin lasts for many years, it is difficult to avoid negativity forever and instead confront and consume it.

Seriously to me it is not complicated, if only you want to make it less complicated yourself. The whole idea around it and I mean bitcoin is to make money things easy for every one. Instead of just been an electronic P2P, many saw the opportunity to generate ROI from it over a long term holding. This is where many people have complicated it, you don’t need to invest all your funds in it and expecting a pump. The best way is to invest what can actually afford, secure it in a good wallet and allow it to run and nothing more.


I don’t know when you sold but I will say there was nothing wrong in you selling then, even a little profit taken is still more realistic than unrealized profit. You might have your financial problems then and needed to sell to make your life comfortable and that to me was the best decision if it was it.

When you become a calmer and more experienced person in investing, these problems will no longer arise. Focused and experienced investors will only act according to the plans that have been made. Panic situations due to news on social media, expensive costs, or very busy networks are normal for people who are still beginners in investing. Panic like that doesn't need to be treated too negatively. maybe we all felt the same panic in the past. and now those who are more experienced will be wise in managing the investments they make.

I don't think you should be using your local language in a general board like this, it would be better you use a language everyone can understand and learn from what you have to say.


Yeah it's good to be optimistic about your investment but that's not even the reason why people sell of so easily , the reason for that is ignorance or they dont have a personal conviction about bitcoin.

The bear market is not a hard time for everyone as some views it as a bad time to invest or think bitcoin isn't doing well others are buying, bull dont make you rich, the bear does and thats what mist investors fail to see.

As investors, we should be prepared for all the risks that we can face in an investment that we choose in this field of Bitcoin or cryptocurrency. Others think it's easy to invest, given the fact that it's easy, but if you make the wrong investment, it's also easy to lose the capital investment we'll use for the crypto we want to have.

Besides, all cryptos or bitcoins have their pros and cons, so the final decision is always up to us and not to other investors, right? When we buy it, we should also know that it has a risk that we can face while we hold the assets that we have.

To summarize what you said OP, whatever happens, just continue holding for long-term. :D
Don't think about the negatives of it, but look at the larger picture. Look at how Bitcoin moved in the past 15 years, and you will see that the price is going upwards.

Whatever happens, just hold your Bitcoin. Whatever happens, don't follow what most of the investors are doing. Be emotionless, and don't do what newbies are doing. Think of long-term when investing into Bitcoin, and forget about the negatives of it. I've been a Bitcoin holder for quite some time, and I must say that it had some problems as well like the ridiculous high transaction fees caused by those ordinals sh*t, but I don't care because I'm not affected at all. I only think of long-term like what most are doing, and I just believe that in the long run, Bitcoin will give me profits rather than losses.

Well, there are problems that we encountered in the past, and more in the future, but one thing is for sure. Bitcoin in the long run will give us profits. Just be patient. :)

If we are ready for all the risks we will face in investing, of course we will be able to make the right decisions and will be able to generate profits from the investments we make. For some people who think it is easy to invest in crypto, of course they already understand the strategy well. which they will use for this investment and can generate profits and for those who don't understand this investment well, it would be better for them to study it well first so that they don't make mistakes when carrying out their investments.

I agree with what you say, that the decision to invest is in our hands and not with other investors because when we follow other people's advice in the investments we make and experience losses of course this will be a very detrimental thing and it would be better for us to decide to make your own analysis of the market and make your own decisions in investing.

Nothing that existed doesn't have its ups and downs, even life itself has its ups and downs, not think of bitcoin which was created by human beings that nobody has control over won't have its up-downs down.

However every up and down comes to test the strength and capacity of a given product to know the level of its durability. And bitcoin has proven to withstand and grow strong despite all if only the investor would be patient and learn how to hodl through the bearish to the bull market.

You can't always hope for a light at the end of the tunnel without considering something like a change of plan midway - unless you already have an emergency budget that can keep you safe if needed without disrupting your long-term plans for bitcoin investment. The problem is that not everyone is exactly like that - sometimes changes in plans they have to take for one reason or another. It's true - holding for the long term is a good thing, but not all investors can do it.

If you want to be a long-term holder - know, you must have an emergency budget. Even if it's not much - but in many cases, having an emergency budget can give you a better option than changing your investment plans that you don't fully want.

Considering what you stand to benefit from holding can be a motivating reason to keep holding. One positive thought about Bitcoin can save you a holder for making a bad decision that you will later get to regret because there will always be the temptation to sell. Some of this temptation will be for good reasons too, not all will be for bad reasons.
The negative happenings about bitcoins should not be ignored totally also because you are only trying to stay positive, they should be known but not dwelt on.

Thanks for your observation, my sincere apology, it was a mistake, I was surprised when I saw the content of your post that quoted me. In the OP is a Nigerian and we both
post in our local board, I guess I was carried away thinking that we were in our local board and started writing in pidgin English, if you check the beginning of the thread, I
was the first to make comment.

We may don’t have this ideal mindset back when we are starting but at least we already learned from our wrong decision making and will never do it again. However, selling some of your hard-earned coins is not that bad, the only way it gets bad is that if you sell everything your coins at a loss price because of panic selling. But as you’ve said, this is life. If we can’t beat the pressure and losses, then we’ll only end up losing at all, but if we will take this as a challenge and continue to motivate ourselves that there’s always light at the end of the tunnel, I think we won’t never end up in a wrong turn.

That's okay mate, you have to use those Bitcoins for something important and I know that there's kind of regret because you have to spend it. But think of it, if it's not for Bitcoin, what might have happened on that situation where you need money?

This is true, many have a lot of guides on how they should perceive this bull run and the upcoming bear market soon. But this time, everyone who's got in on the bull run is totally lucky at all.

The timing is perfect and most likely, they're going to see majority of the cryptocurrencies to be moving that up. And after that, all they need to prepare is on how they're going to make their emotions ready after the bull's done.

Well its normal, I think many more holders or investors of bitcoin did this, they sell all of their assets just because it reach a higher price or the price dip, well they are the one's thay didn't solely believed in bitcoin, I enter in bitcoin late, meaning in the year 2020, but from that I still have my holdings back then, I still hold the assets that I brought that year, even I experienced a great movement in bitcoin or bull runs, I only sell some or a portion of my holdings because that's what I only need, and I believed that bitcoin could go more higher and I'm right because this year 2024 bitcoin proved that his is the most influencial and powerful currency right now. So I don't think it is right to blame yourself right now, because you still could start holding again as investing in bitcoin was never too late.

That's the mentality here, it is never too late to go into this market. So long you know what you are going into and the possible worst case scenarios that may happen to your funds. This is why you need contingency plans for your funds so as not to regret about your financial decisions towards this market. You can't expect that you will always achieve the target that you want here. Sometimes, it will go sideways without prior warning.

And don't also forget to plan on how to work towards it, because Bitcoin journey is not just a straight jouyit comes with series of temptations which can lead to not fulfilling the soul propose of investment. Each individual must program himself before that dream will be achieved. Not only in eating but planing on how to invest that wouldn't affect you or your Bitcoin holdings. Find something doing that will be yeilding you money. always DCA weekly according to your earnings like investing %20 of your salary on bitcoin then set aside %20 for emergency and %60 for reserved fund.

I invested in Bitcoin believing that this would give me some fortune. Of course, sometimes I'm thinking about the risk and the possible losses but I'd never let such thinking influence how I looked into Bitcoin. I remain strong despite the dip and long bear season as I know it will recover.

If we could really afford to fight back our negative feelings and worries, that would end in panic selling and losses. That is why before investing trust should already be in our mind, doubts couldn't give us strength but weaknesses.

We should never let FUD affect our decisions.
A lot of people have experienced FUD and ended up selling their
coins. Just imagine what those people feel right now.

Regret and shame would be the primary emotions. But even if
you are someone who have lost due to impulsive decisions, you should
always look ahead and check how you can get back on your feet

You are investing and at the end of a certain period you have earned enough profit by investing and because of earning enough profit you are selling your investment in this case those who will know about your profit will only think that you have earned a lot of profit by investing. But they will never try to know how much challenge you have to take to stay this long. After an investor holds the investment for a long time only investors can know how much challenge they take up in the next period. After accepting so many challenges investors keep their investment for some profit and when the investor achieves the desired profit but they forget all the pains or all the sorrows of the past they are satisfied with their investment profit and plan to invest again later. This should be done because bad times have passed in the past if we dwell on those bad times but we cannot move forward.

Normally the red flags during investing should also be acknowledged.Factors that could hinder the investment process ranging from volatility,risks,market liquidity,budget,inflation rate and ecetera
These things can also be considered too in order to successfully achieve your financial aim.

However,making a good investment decision should also be considered as important to make the right choices today whenever you intend to invest because it can have a big impact in your financial situation.There are good things to achieve when you take and make the right investment choices.

Of course, we must always pay attention to the risks that we will face in the investments we make and if we are able to face the risks that will occur when carrying out investments, of course we will be able to carry out these investments well and be able to solve problems when carrying out investments. To be able to make the right decisions on the investments we make, we must be able to analyze the market in order to take advantage of the opportunities that exist in the market and if possible, we will be able to make a profit from the investments we make.

Be aware both of the risks and rewards, that way you will certainly succeed on your investment because you manage well its negative and positive aspects. While bitcoin investment can be highly risky most particularly for those who invest without knowing, but it can also bring us exceptional profits if we overcome all its risks and take advantage of every opportunity it brings. In the end, bitcoin investment can be both profitable both long term and short term hodling, as long as the investor knows how to maximize its profits by buying at its low price and selling when the price is high. However, since bitcoin value appreciate every year, long term hodling might be the best key to gain massive profits.

Reasons why you may want to sell off everything.

1. You have invested way more than you are ready to lose.

2. The money was never meant for investment.

3. You don't have a clue about the Bitcoin market cycle.

I've never run out of patience with Bitcoin since I understand how the cycle works, emotions in this space is no more in me because I have been into this market since 2017 and I know exactly how market works.

Also it depends on the type of an investor you are, I am into Bitcoin investment not just to make some money but to build my empire with Bitcoin, I want my retirement around Bitcoin, for someone like me there is no reason to rush or wish for anything fast.

Most emotions get built up when you aren't making money from another source, always make sure you have something going on financially in your life, investments do take years to get good results.

Facing risk and problems is common but as we are in this investment journey, we can't just turn around but rather face and solve it. These problems teach us to be more strong and determined to achieve our goals. Giving up is just for those who are weak and have no plan of improving their life. Successfully never thinks on the negative side of the market but rather sees the opportunity when darkness comes. We always give the solution, not by looking it hard.

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That is why smart investors buy coins when weak people are selling and they then sell their coins when these weak people are buying.

 I believe in Bitcoin. Now,  Anyone who's been in the game knows the wild ride Bitcoin can take you on. But listen, this is about playing the long game. Bigly.

Sure, fees, slowdowns, those are part of the growing pains. But think big -  Bitcoin, it's the vanguard of a whole new financial system. This is like the birth of the internet, only for money. So, my advice? Hodl. Hodl tight. The rewards down the line, they're going to be tremendous, believe me. This isn't about getting rich quick, this is about building a smarter, fairer future. Don't get bogged down in the nitty-gritty. The potential here? It's truly revolutionary.

One of the reasons for maintaining the assets that I have kept so far is because the history of Bitcoin prices has motivated me to be on the bright side of all the temptations of negative issues or downward price movements. The light at the end of the tunnel can only be seen by Investors who have full confidence in the potential generated by Bitcoin, they have made a lot of profit after Bitcoin just reached ATH, their patience has brought them joy and their tiredness has paid off.
Those who are able to bear the risk have equipped themselves with knowledge before investing in Bitcoin, any temptation will not affect their attitude as a result of self-equipment which leads to full confidence that Bitcoin will continue to increase over time.

You got it right mate , yeah I am in the big financial problem those times specially counting the pandemic when the world stops for all of us and yeah i needed to release my bitcoins those times.
and correct that at least we are comfortable when others are struggling to even have eggs in their table , but i need to sacrifice my bitcoins and other altcoins.

Looking at the bright side of an issue to have motivation to hold and feel less pressure with market is a good thing. However, we should not be too optimistic and ignore other unfavorable factors that we may encounter, especially for those who do not use their idle money to invest. There are people who use financial leverage or bank loans to invest in this market. If you only think about the positive aspects and assume that the market just only go up. This mentality will make us subjective, thereby borrowing more. And it is very dangerous financially if the market does not follow expectations, and it lasts longer than we can tolerate paying interest to the bank. As a result, we have to sell before our expectations are met.

There's no pressure really. I never see any opportunity such as HODLing as much stress or a do or die affair for an investor making the choice. It should follow a plan really and there must of course be an income source that could even be HODLing the profits from trading crypto.

However,  when such is done dutifully, the discipline to continue till the duration one has opted for will become a part of one's daily occurrence and there's nothing that can beat focus and action in motion.

There is always actually a bright light at the end of the tunnel..
If you do believe, and keep stead, your determination to achieve success.

Not always positive things will always influence the movement of Bitcoin and vice versa, so it is necessary for us to be able to minimize as much as possible the risk of our investment with Bitcoin because that is what can make investors successful when investing in Cryptocurrency. indeed if there is good news about bitcoin everyone will definitely be happy and shout that holding can bring big profits for us but we also have to realize that when bad events happen many people also complain that they have lost everything as happened in last year's bearish season.

Risks will definitely be there, but we can always lessen those risks if we are are completely aware what we are investing about most especially if we are hodling it for long term. However, when it comes to bitcoin, its profits is certainly bigger than its risks so if we can always overcome those risks and lessen them, we will continue to make decent profits from our investment. And while opportunities are limitless in bitcoin, then we should learn to take advantage of them so we can end up maximizing its potential profits.

exactly why we just don't take risks but rather
we take well-studied and calculated ones

if we invest properly the returns would be double
sometimes even triple and that is what makes
bitcoin so attractive

There is always a risk in everything we do as long as  this life is concerned, but depending on how we go about it, if you want to be successful in life you need to take risk. most of the wealthy people you're seeing today they really face a lot before they could achieve there goals, in terms of making investment risk is also involve and if we can pay attention to this risk and face them in the right way, I'm pretty sure that we will be making profit from every investment we make.

Yeah without faith it is never possible to achieve anything good. Those who have believed in bitcoin for a long time have now reaped huge gains the sooner you gain trust the better for you. If the office finds you trustworthy then they will hand over the work to you trust you to gain trust you need to be sure to meet targets within deadlines and keep your promises.

Even if we did not view it as a long-term investment, as a Bitcoin investor, you must be aware that the investment is for a long period of time before the ATH since we all do it to get profit during the bull although some people are selling their investment once they see a small profit on it or, let me say, once they see the market rise, which I cannot blame them because not everybody can wait till the next bull market before they sell their investment. However, Bitcoin value is always increasing globally now because the adoption is getting bigger than even expected, and I believe many people will come. 


Everybody who want to invest need to be aware of the risk, associated to the investment not only in crypto but any other investment. someone need to do research about where they are putting their money into, that is what will help the investor to manage his investment. However, some people are not accepting the risk as you said, but they just get into the crypto because they heard that people are making money out of it.  So they want to get involve and they don't want to accept it. most of this people later loose their money because they don't know exactly what to do.

What you say is true, and maybe it is very easy for you to convey it. But believe me, doing all that is not as easy as you say. Especially if you are facing urgent needs, such as family needs that must always be met and the only money you have is bitcoin (investment). I think there is no harm in deciding to sell bitcoin in a situation like this. Because I personally think this action is a very good thing, rather than having to borrow money from other people or banks.
So I personally would not blame investors who are not strong enough to hold Bitcoin because of family needs.

That's why, when investing in Bitcoin, we should use cold hard cash, and we should have emergency money, as well as savings. Because if these three aspects are not implemented well, then when economic conditions or financial conditions are not good, the solution taken will definitely only be to sell bitcoin.

And for example about network congestion, slanted news, and falling bitcoin prices. Only then is this really not worthy of being used as material to make us sell bitcoin. Because it's just something that will return to normal in a relatively short time. So don't panic or be afraid when this happens. However, I emphasize again, the family needs factor cannot be avoided. So neither you nor I can assume that people who sell bitcoin because of family problems are weak bitcoin investors.

Cheers...


When it comes to cryptocurrency, there are 2 things to do with it, either you trade or you hodl it. I always considered hodling as a true investor's action, not trading where you buy and sell just to make a few profits. Anyway, the bright side is usually at the end of the tunnel, like you said and it'll be worth the wait at the end of the day.

Hodling Bitcoin is even way more profitable than trading now that it's adoption is increasing. Bitcoin is becoming more and more popular and everybody wants to get into it or is even getting into it. So why would one, as an investor want to trade at that moment? Honestly, I don't even think trading Bitcoin has any advantage over hodling, but cheers also to the people who trade Bitcoin for whatever reason they may have.

People seem to forget the downsides of hodling btc or any other crypto. it's like saying that you only need patience to make your money grow given time. There are probably a lot more people who lost money than gained during BTC's emergence. People who also looked to it as something that could make them wealthy with less effort. It's easy if you have money to spare and can afford to forget for a long time but most of us normal people don't have the luxury of a very long timeline for hodling.

At this point, let's see how many would panic if BTC drops big time. I'm sure many bandwagoners will start selling off even lower than their purchase amount. It's a repeating cycle where the ones who can afford to lose and stay hodling wins.

Every investment carries a potential risk.  As such, there are various risks and potential problems with investing in Bitcoin.  The cryptocurrency world is a high-risk world.  Here those who have become adepts are just looking at the profit and progressing gradually.  Many of those who didn't succeed are still trying, and some have turned their backs on cryptocurrencies.  Because they think if they invest here or spend time here, they will only lose.  It is as if they are unwilling to accept that the loss they have suffered is due to their own fault.

Big or small but the thing here is the capacity of each investors to take that run in waiting and of course seeing their funds lowering and growing each time.

that is what it is , bitcoin must be  taken for Holding and not for short term because there are waiting game in this area of investment not like altcoins that mostly for short time.

When someone has a good understanding of the risks they will face from the investments they make, of course they will be very careful in making decisions about the investments they make so that they will be able to gain profits from these investments, but for some people who have tried several times to invest but still fail from their investment they will of course leave the investment and if they can learn from the mistakes they made of course they will also be able to succeed in their investment and this really depends on someone who can correct the mistakes they made or leaving investments because they think they will not be able to get a profit from the investments they make.

       You know, I understand your belief in Bitcoin, do what you want to do for your belief in Bitcoin, and I also believe that the tested Bitcoin is proven when it comes to long-term holding.

       but as a person I'm not rich, instead I'm just one of the community who also wants to have a good life in the future, and for that to happen, I don't see that in bitcoin to get my goal. But with other top altcoins in the market, even if others say that the risk is higher compared to Bitcoin, I don't care because I look at the bright side of the coins I hold. In short, we have an opportunity not only in Bitcoin get profit

Any financial decision we are taking always have there own risk. We need to be wise and ask questions before we intilend to invest in the cryptocurrency market. Anything can happen anytime so we need to make enquiry before we intend to buy and store Bitcoin so we could understand the market a bit so our investment would not lose value over a short period of time.
The future if Bitcoin is brighter so we should not be disappointed about what is happening since we are already in the bull market.

Because that is what we believe and that is the reason why we invest and hold for many years. Moving sideways is quite normal in a volatile market but this never be a big deal for us knowing that every drop is an opportunity to buy while every pump is an opportunity to sell. With this kind of market behavior, many people become rich but can't hide the fact that many also suffer losses because they don't understand the situation and quickly make the wrong decision (panic selling).

It is highly expected specially in this track of money exchange. That is why you should only to put yourself to a risk that you can tolerate. Do not put your money that you aren't willing to lose. And only hold it in a matter of time that fits your conviction. Time is your ally. And during this time of bull market, trend is your ally too. Holding time is less and you just need yourself to avoid picking tops. Because if you truly invested on a project that will improve over years, then minor fluctuations on the daily shouldn't be scare you from your investments.

There is no gain without risk. In fact, risk and reward are linked especially in the crypto space. However, the big question is whether the risk is worth taking. There is no investment totally freed from risk but the risk associated with bitcoin is second to none ranging from market crash, transaction delay and of course, falling victim to hackers. I don't blame anyone when I see them turning back on cryptocurrency despite not the best choice to make. There's actually a potential gain in the long run if one can endure through the dark period.

However, I won't agree with the Op that investors should overlook all these shortcomings and focus only on the brighter side. It's good to pay attention to every bit of aspect and derive a measure to balance the situation. That doesn't sound like an investment advice because risk are not equally created.

Looking at the brighter side isn’t just by saying it. We have to counter those things that paints Bitcoin black in our minds. To avoid being influenced by FUD, spend more time learning more about Bitcoin. Understand that there’s a pattern and there’s no FUD we haven’t seen. Look back at historical prices too. It’s not enough to merely look at the bright side but prepare yourself. If there’s a little FUD there are people who would sell in the blink of an eye but there are people who wouldn’t sell even if it came down to $10k (just an example). It not just FUD but in every other direction too.

Yeah, people who often make their decisions without looking at both sides have to face the consequences of doing that. If someone is going for a long-term investment in Bitcoin, they might not need to worry much, but if someone is willing to take short-term profits from it, they are supposed to look at both sides of the coin, they need to understand that if it's up right now, it can go down as well, or if it's down, how long will I need to wait before I can get my investment released?

Nothing in the world is permanent, everything has an end. A lot of people face failure because they expect a lot from certain things, and they never look at the negative aspects of that thing and they keep thinking that they will only get benefits from it and nothing else.

Investing in the cryptocurrency or crypto market is no child's play at all.Generally,investing requires risk;and these risk are meant to be handled properly and  with caution.

Therefore,Investing in the crypto market can help you build wealth over time,including some beneficial opportunities to retain.Investing in cryptocurrency requires knowledge,along side with some basic analytical skills,and a mixture if emotional intelligence.One has to adhere to the red flags of the economy,the ongoing factors that affect the economical activities of the country or the company entirely.One has to pay attention to so many factor that are existing and the ones that will come up thereafter.
 
Just so you know,despite all these adherence and instructions given,it best to organize yourself in such a way that no matter what happens,you're not allowed to feel or face any pressure,other than to focus and concentrate for a better results or outcome from investing.

What? Are you for real? We should not bother about the transaction fee? Volatile nature of bitcoin is normal and that should not make one to panic and sell off his or her bitcoin as a distress sale. Op I don't know if you are real investor or only depending on the signature campaign to acquire bitcoin how can you advise us that we not should not looked at the high transaction fee. As an investor we need to consider the transaction fee because we buy at the lower price and if the transaction fee is high, it affects the investment. Even know the fee is high compared to the first time I came to the cryptocurrency market. I was paying 0.0070 USA dollar as a transaction fee the last few weeks when I make a transaction I paid up to $3.80 dollar which is the lowest for now. And for me it is high


Yes it is good to hodle for a long term but if the transaction fee is high then buying is difficult.

It makes us positive and not to worry about the future if we act that way because the only depressed investors are those who didn't follow the rules before investing which is acquiring enough knowledge before buying bitcoins and using only the capital they can afford to lose. As for those who were used to investing no matter what the situation of bitcoin price in the crypto market is, they are always positive even at the time when the bitcoin price was about to hit less than $10k last time, it didn't budge while most newbies investors get panicked and ended up making bad decisions which they regret nowadays because they can see the price has greatly increased from last time.

Every investment has risks but we should try to minimize that risk instead of diving into the crypto field without knowing that how to cope up with risk. Bitcoin is risky but if we learn about the risk reducing methodology then we can take benefit from it and the benefit will be more than expected.

If someone loss in bitcoin investment then their loss will be higher but no one loss due to bitcoin but people do mistakes and loss their money. Bitcoin is a secure investment strategy and if people know about it then they will do research because bitcoin needs strong and active mind.

Investors should understand the financial markets and take a well-considered approach to investing. No stock investment is a sure thing, and Bitcoin is no exception. However, with the right strategies, investors can capitalize on Bitcoin's potential for high returns while mitigating the risks associated with this market.

Nonetheless, the world sees a bullish run. Well, myself I see rollercoasters.

You can also not simply ignore the dangers and the challenges that this technology are bringing to our complicated world. My friend always say, " Do not walk in the middle of the road, thinking that cars will simply avoid hitting you".. and that is his life lesson to his kids. Beaware of the dangers and try to avoid them and know about the challenges and try to over come them.

We have some very creative people in our Bitcoin developer team, so they will constantly look for ways to counter those threats and challenges.  ;)

Definitely whether you look at the brighter side or the negative side, it completely depends on you. What you want to use and how you want to use the Bitcoins, it also completely depends on you. Now yes I know that Bitcoins have high transaction fees, not legalised in many nations, but you need to loom at the positive side also. Bitcoins are giving you the options to hold your finances independently, they also helping you to be your own boss. Hence there are lot of benefits with Bitcoins also.

Even long-term investors should consider both sides of bitcoin because there is no guarantee that it will definitely be around in the future or will always be profitable. Everything has risks and we need to carefully study everything to have appropriate response plans. Avoiding and not wanting to face the negative aspects of bitcoin when we invest in it only shows that we are afraid. And those who are always afraid and unwilling to face challenges will find it very difficult to succeed in holding their bitcoins.

 Most people after buying at the top price, when the market starts it little retracement they tend to panic and complain that they are losing. Wrong timing on their part and again it depends how much you’re investing it. Those investing with small capital would panic the most because such dump would see as if the world is against them. So you see it not just about investing, it when and how much you’re invested. Having the knowledge about investing in bitcoin is really is important because with that you will know more first hand information about it. Those that believe in bitcoin wouldn’t let anything get to them not even the bear market, so they will make sure they still acquire more bitcoin they have at the back of their mind that the price wouldn’t be the same forever and it will always go back up. There will be good days and bad days in investing, days you need to lay low so you don’t sink and days where the wind would be in favor of the ocean for the ships to sail swiftly. The good days of Bitcoin will always come so why worrying.  
  Capital is also a major factor in every investment, when they say invest what you can afford to lose, that’s doesn’t mean you should be a petite investor, if you set your mind on something do that thing diligently, put your time to it that’s also another investment you’re doing, you will never go wrong from learning about bitcoin and it trading. Long story short despite the low price of bitcoin, it will always find its way back up, no need panicking just make you have Bitcoin and don’t be caught snoozing.

Lol this will be the very same people who would go around saying cryptocurrency is a scam.

Cryptocurrency is a valuable investment but it still comes with risks. We will not always be winning in cryptocurrency and you shouldn’t expect to gain so much profits when you do not have adequate knowledge as of yet. The movement of a market is not linear. It does not mean that it is increasing today, it will be increasing tomorrow as well and same goes if the market was moving downward. People need to learn how to analyze a market and figure out when to enter and exit amidst its volatility.

Any investment or business you know is bound to be risky,  he simply wants you to grasp everything about the investment you are attempting to make so that you do not lose money. Many people who sell their coins do so for one of two reasons. they have financial problems and don't know what else to do, so they need to sell the coin to solve their problems, or they are afraid of losing their money because they see the market increasing and decreasing and believe that if they leave it, it will drop and they will lose their money. Anyone who knows about crypto investment knows that the best thing you can do to be profitable is to invest for a long time.

That is why I didn't pay much attention to trading because I believed in investing more than trading. Because I regard trading as a very high risk, and you must thoroughly understand the market before you can begin trading in order to be lucrative, and you cannot guarantee a profit when you start. However, whenever you invest in cryptocurrency, such as bitcoin, you can be certain that you will profit when you hold the coin for a long period. That is why I choose to invest over trading, which is a better saver for me. And if I made a profit, I used to sell it because I didn't want to be greedy, because that what is affecting some investors they leave there profit even they reach there targets they will be saying the price will still increase for them and they will try and leave it an and probably the coin will definitely drop down and lose the profit and even touch there capital.

I wouldn't blame those selling due to financial pressure. I think comparing that with other reasons for selling like negativity towards Bitcoin coming from others or your disbelief if its future is wrong. Being very optimistic about Bitcoin's future I myself was selling it many times in the past at pretty low price exactly because of the financial pressure at the moment.

Real investors don't just look at the current situation but they are considering the great opportunity in the future. So while these kinds of investors are busy buying more Bitcoin, weak investors are also busy selling off their BTC during the bear season. Perhaps, the situation seems normal in the way that not all investors are willing to take more risks rather than choosing to have an easy life.

It was not just newbies but this is for everyone --the more we think positively, the more it generates positive results. But for those who already think negatively, the more it drags them to terrible losses and sad endings.

It will be normal for people to come to investment and they generally hope that it will be a solution to improve their finances. Some people fail to understand that bitcoin is run based on the value of the power it has and bitcoin is a source of light that can fight darkness if people know how to take that light and place it. If you don't learn from the past, maybe now people won't be so confident in bitcoin, but history shows how the power of bitcoin always increases sharply in the process of its journey.

If we are one of the people who believe in bitcoin then look at the good side and how we can make a profit while in bitcoin. Meanwhile, the negative value that people often create is not a big problem because I have seen how strong Bitcoin is in surviving in the market. What we need to do is how to collect bitcoins regularly and wait for the moment of sale to get maximum profit from the investment.

Yes for those with a positive outlook and an eye on the long term what happens yesterday,
today or tomorrow doesnt matter. And as the OP states for long term HODL'ers transaction
fees, network congestion doesnt really affect us as much.

With a bit of experience about how Bitcoin works, its 4 year cycle and what is contained
in that in relation to the markets, how FUD and FOMO happen its much easier to be positive.

The day to day market shifts dont affect the Bitcoin stored safely on your hardware wallet,
thats peace of mind and adds to the positivity.

I believe a person should never invest money in Bitcoin or cryptocurrencies that are not spare which means that one should only invest money in Bitcoin or cryptocurrencies if they know they can afford to do that without having any financial implications after doing that. Your savings and investment funds should be separate so that you don't invest your savings in Bitcoin and then be under financial pressure when you face an emergency in your life.

It's a mistake that a lot of people do and I never like it. I know that most people invest in cryptocurrencies because they want financial freedom in their lives and they believe it can be achieved through cryptocurrencies, it's true, it has the potential to get that done, but it doesn't mean you should risk your life-savings in it.

The market is volatile and that's why unpredictable. If you are investing money that you have been saving up for emergencies, and then the market goes down and unfortunately, you face a situation where you need that money. You would get a lower amount if you withdraw it at that moment which makes you lose money.

So, only money that one can afford to hold for as long as required should be invested in cryptocurrencies, in my opinion.

The good thing now is that the network has calmed down and the fees aren't that much though. But each sats also increases its value based on dollars when the price of Bitcoin increases. That's what we have to understand and we have to embrace that for us to get ready for any possible skyrocketing that it does in the nearest future. We shouldn't be surprised if 1 sat becomes a lot in dollars and we find amount kind of that much when we'll pay that fee. But don't get it wrong, you see that the price of Bitcoin goes up and so does the fees in terms of sats when we look at the value of it in the dollar's value. The brighter side here, someday it might happen that 1 sat can be $0.5 - $1 but again, looking at the fees now, they're starting to get up again and the priority goes as $2 this time. But yesterday, they're too cheap and was ideal to make transactions but I won't lose my hope that we're going to see someday that transaction fees will be back to 1 sat/vB.

A lot would have wished that they’ve HODL bitcoin for a long time before now, checking bark to see how it was very cheap years ago. The same people will also feel that buying and keeping for a long term from now will also not make them achieve enough from their investment in bitcoin. After that feeling, then several years later, they will still be regretting why they hadn’t hold on to it from now and wait for it to grow till that time. As humans, we most times lacks patience and always in haste to become or achieve what we set out to be in the future. If you have the mindset of the brighter side of bitcoin, you would be persuaded enough to keep and HOLD for the long term.

Financial pressures is certainly common for everyone, and if we decide selling at that times, then at least our investment has probably serve its purpose. Remember that we are not just investing merely to buy and hold, we also buy bitcoin at it cheap price so we can sell it quite a decent amount when financial pressures suddenly strikes. Hence, it can also serve as our emergency funds, that we can get something out from it in times of money troubles.

Right, but sometimes we know that it will rise much more in the future, and we sell anyway because we need the money right now. And there are times when we sell at the price 2-3 times lower than it used to be, but due to financial pressures we have no option but sell. That's how it is with Bitcoin. Those who are not ready for such situations shouldn't enter the game.

How about telling new holders to learn how to secure their holdings? You can't keep grinding hard to buy some portion of BTC every week only to end up losing it all to a scammer.

I think the right advice is for beginners to learn all the importance of becoming a successful Bitcoin holder first before they start to accumulate some Bitcoin.

It's not easy to be a holder and you dont want to end up losing everything to nobody, make sure you do the right thing to get the right outcomes.

That's how important to have emergency funds so that they would have a safety net when emergency situation hit to them. So people should not think about putting all their money on their investment especially on bitcoin and have money save from somewhere safe so that if they plan to hold or either make their investment to gain more profit they can succeed with this even if they face financial challenges since they have funds to used without touching their investment.

People actually have a choice its just some of them just put all their money for thinking that they could earn more and they didn't anticipate those potential problems that they encounter that's why people fail and sell at loss.

Because people don't care about basic security.

Just like how most people who bought a laptop or PC, don't mind to install pirated software, download anything they want, click any random links especially it's related to giveaway or airdrop etc.

That's why a newbie who start to buy Bitcoin will use CEX and hold the coins in there too.

We just learned how important to keep focus on what we are doing in order to succeed rather than get disturbed by the negativity and FUDs around us. A reason why a lot of Bitcoin holders lose their money is because they easily give up when a crisis comes. Their weaknesses influence their mindset turning it negative and it results in making wrong decisions. If we can't stand strong with our goal, this always happens to us again and again.
The successful holder is always positive and committed to their work rather than being weak and easily affected by the environment.

If you are not a DCA practitioner, I think the best thing to do is to look away from the price of Bitcoin, since you are not making any short term decisions on your Bitcoin holdings at that approach, only if you DCA that is when you may be interested in the short term speculations and pricing of Bitcoin and that way you may have to act in-between.
But certainly for sure long term holding is what gaurratee future profits because DCA comes with it own risk and worries.

Well, those were inevitable. Hodling is probably the key to a huge success, but if present financial pressures are hitting us, I think selling regardless of the price is still viable. I have been into that situation and most likely, it’s actually harder not to sell. However, as much as possible, we should try to avoid situations like this and invest only on our spare money and leave some for our emergency funds so that we can hold peacefully our coins without being bothered to sell them at a lower price.

What you say is true, some of the actions we took in the past were inevitable. Nobody wants to sell their investment early. People want to see their investment progress towards their goals, but sometimes circumstances don't work out the way we want. Every investment is a lesson learned and we can make better investments with the experience gained as a result of learning this lesson.

In order not to sell our investments, we need to allocate various resources and, in some cases, use these resources. Everyone's circumstances are different, their investment strategies are different, but there is a common point: No one wants to sell their investment below the price they bought it for.

Not every one can look at the bright side of Bitcoin this instance because some people did not know how to invest in Bitcoin in the right time but followed the advice of their friends and some from people that they meant online and bought Bitcoin with everything that they have but are regretting as Bitcoin is dipping and they are losing money that they did not expect to be losing. They thought that they will begin making profit after buying Bitcoin but they did not buy when Bitcoin was low. Some people are in debts because they took loan to invest in Bitcoin but are scared as Bitcoin price has been dipping. They thought since we're just days from Bitcoin having it's halving, they can make profits if they invest in Bitcoin with borrowed money but things are not going as planned. I know someone in this problem therefore it is hard for some people to look at the bright side.

No one was forced into investing in Bitcoin.  Everyone who invested in Bitcoin saw a bright side and a future in Bitcoin before investing.  The only mistake many who failed made is that they only paid attention to the bright side and failed to look closely at the dark side which carries all the risks. If one truly understands what he is really investing his money into, he will be fully prepared for whatever challenges that may arise. This is why many of them quickly withdrew their investments and left when they couldn't bear the risks. Bitcoin and other cryptocurrencies investment is not for the faint hearted, anyone who wishes to invest must be prepared for both the bright side of Bitcoin and the dark side of Bitcoin.  At the end, only those who persevere will enjoy the benefits.

Of course in a situation like that it is very confusing if it is a very important need, and I have also experienced it and maybe many have experienced it. And they do it in their own way so as not to sell their investments, and maybe there are some people who do it because they are forced to or there is no other way. However, if you're making sales in a favorable situation, I don't think that's a problem.
However, all of this will be a lesson that having other resources or a side job to earn additional income is very important, with the aim that investments can run well and also have reserve funds if one day they are needed without having to sacrifice Bitcoin.

Sometimes we never know what someone's life will experience in the future, whether it's illness or other disaster. There is truth in what you say. We never know a person's financial pressure. Sometimes they also lose their financial situation due to the disaster they experience. This is difficult for them, how do they hold or sell their investment assets, if they no longer have emergency funds, they inevitably sell their investments. Of course, many people have looked at and owned this bitcoin asset, from ordinary people to global elites. Of course, it definitely has a bright future for the future.

If you are a long-term holder, there will be no problem, because you will really just wait for the right time if you want to sell it in the market so that you can take out the profit.
This is what happens; you don't really care if the news happening in the market is negative.

As long as what is important to you as long-term investors is that it can give us profit in the future, we are positive that what we expect from the coin we hold will happen.

Bitcoin is one of the most important technologies in world history since the advent of the internet, its development is very fast, perhaps it will lead to becoming the world's currency in the future. Investors who have studied Bitcoin self-taught or attended seminars will continue to increase the amount of investment and never worry anymore about the risks that exist in Bitcoin, they have seen further into the future, perhaps their vision extends beyond the next decade to how Bitcoin will grow into one of the most important ways to pay for goods and services.
Bitcoin can be a good investment for investors who are able to see all the advantages in it, that everything that is rare will always be valuable in the future, such as antiques which are very limited in number and difficult to find.

What you say is something that must be done in a long-term way, and I think everything you say is beyond my reach because it is already well understood and maybe it can be understood by others too.
And here's the problem, if you only have Bitcoin investments and no savings, emergency funds or other resources. And when you really need it, there is no other option to sell your coins because nothing else can meet very important needs such as hospital bills or other very important things.
So an experience like that will be a valuable experience or lesson, that having other resources such as a side job to increase your income is very important, so that you can invest, save or have useful reserve funds if you need them. Without having to disrupt your long-term investments aimed at the future.

Yes that is reality, emotion as regards to feeling over something determined how far one can go negative emotions is capable of destroying your dream, it's good that one feeling or emotions is centered in positivity even when the obstacle are thereon should be steadfast always unmovable and unshakable that's the only of conquering. One must nite that a double minded person is always unstable and what is unstable can never yield a good results.

The level to which you analyze your risk during investment determine how you endure and at first focusing not undermining the present help allot in winning the raise of investment in actually the proposed dream.

Many terminated their investment most selling off their BTC because of fear unforseen circumstances, before venture into investment like BTC one should be able to kill the feeling or emotions of unforseen circumstances or any related unstable mindset zero tolerance of no going back despite all odd weather ATL or ATH until you meet the proposed time or year can usher you a good benefits.

I disagree with what you are saying: bitcoin is great, it has a lot of good sides, but we must never forget also the downsides because, whether we like it or not, being your own bank is a serious matter, and you must always remember to be careful all the time. If you try to look only at the good side then it means that you're going to lower your attention and it's possible that you'll make some mistake.

In case I have remember the Newton's Third laws and his third law "states that for every action (force) in nature there is an equal and opposite reaction." He says here about the physical force but I will say incase of bitcoin it is also have both riskier side and also the profitable sides.
I have always says newbies about the Bitcoin investment that bitcoin has also risk and it is highly volatile asset and also said  before invest have some fundamental basic knowledge and thoses are things you have mentioned the congested network high fees. And by facing each of these correctly and buying and selling bitcoins at the right time, one can become a successful bitcoiner.

You are right, but that was probably not what he was referring to. One indeed needs to understand the security part and how they can keep their funds safe because the industry is full of frauds and scams and exploits, and one can easily lose their hard-earned money if they aren't vigilant and careful with what they do, but the guy you replied to was talking about the ups and downs of the price and that people should see the longer picture regarding that.

I agree with what he said. A lot of newbie investors tend to panic very quickly after making their investments in Bitcoin because they see its price falling a little bit and think it's going to go to zero very soon, what they don't know is that in the long run, the price of Bitcoin is going to recover because we have seen that happening a lot of times in the history of Bitcoin.

We aren’t investing just for long term hodling sake. We are buying bitcoin so that we can sell them anytime in case we need some profits badly. Even myself, regardless of how optimistic I am about the future value of bitcoin, still I do sell some of it even prior to halving or bitcoin bull run. I guess early selling is still an investor’s choice, as long as he won’t sell all of his coins at loss.

However, it’s still advisable to only sell if you have genuine reasons. Other than that, selling would be a waste of time and money if you’ll only do it for temporary personal interests.

Even so, they should not ignore the potential risks that could occur at any time over time. Apart from price volatility, they also have to consider wallet security risks as well as legal risks that may change. Big investors think about this instead of just hoping to profit from bitcoin price volatility, so they will make plans and will have tolerance wise risk tolerance.

One of the most important things is, things can change quickly and this is not impossible for bitcoin. Big changes that have a negative impact will make the price of bitcoin drop a lot, this is a risk that must be considered. Apart from that, other risks such as the failure of the wallet to maintain its existence and reputation are also reasons why there are risks that must be considered, so don't just think about the positive side.

Nothing is 100% good, there will always be something it lacks and when you look at Bitcoin, transaction speed and network fees has always been the subject of debate everytime. Like right now, if check the mempool, there are more transactions waiting to be confirmed than the miners can mine at the same because the block size is very limited and hence people pay more fees to get included in the next block and those who pay less will have to wait for sometime, these is why some people will not like Bitcoin and not everyone would like this kind of technology.

In addition, everyone can not like Bitcoin. Even those that buy will still sell because that's the reason why they bought in the first place. You can't tell people not to sell when you don't even know where they raise their capital to invest in the first place. People will sell and buy back many times so that shouldn't be a problem to worry about and also believe that people that will hold Bitcoin will continue to hold without selling.

It's an absolutely sound advice, and it's actually very similar to what @ultrloa said earlier. I agree with with both of you guys. Although it's not that easy as it might seem I will try to follow your advises in the future and would suggest others to do the same. It has been proven many times that selling your BTC should be avoided at all costs, because you are surely selling for the price that is much lower than it will be in the future.

Although bitcoin investment is extremely speculative, the potential (the bright side) makes it suitable for long term investment.

No matter what we invest in, we must invest with the risk that there must be risk. We all know bitcoin is risky if we want to employ bitcoin we must invest with risk. When it comes to Bitcoin investment we must acquire good knowledge about Bitcoin many times it is seen that we invest too hastily without knowing well about Bitcoin, we must acquire enough knowledge about Bitcoin before we invest. In the case of Bitcoin, if we can invest with a long-term plan and check the market, we will definitely succeed with Bitcoin.

It will depends on the investor with their holdings, people trusting the crypto or the bitcoin and they keep holding until the halving run starts so they will take profit every time the market pump like a DCA of selling their gains, some active traders riding with the market volatility and its a good thing if you have time and thinking too much with the price. In making a crypto investment you dont need to watch the market every time to time depends on the strategy you would like ti risk. Make plan and execute not just let the faith decide to your gains.

Not only will you be at risk investing in Bitcoin, there will be more or less risk in investing wherever you invest. Although investing in cryptocurrencies is very risky, investing in Bitcoin is the safest among them. Bitcoin Halving is just a few days away, Bitcoin is currently heading for a correction.  How long will you hold your bitcoins, are you taking longer to hold bitcoins, are you panicking and selling your btc because of the current price correction? If you can win your patience game then surely you will be successful in Bitcoin.

Bitcoin becomes risky either when people invest with all the money they have and expecting to make profit fast and doing volatility of the market can just change ones expectation of getting profit and it can lead one to sell at lose. Bitcoin also be risky when investors have no plan of hodling. Their is always  volatility and hodling helps people to overcome the dip and not to sell till the value of the market increase with a better profit.

Bitcoin can be  very risky when people are not ready to go about it properly by hodling. When people have the mentality of becoming rich in bitcoin it is a big risk that can make one to lose money in the market.

Long-term investors have less stress and don't need to worry about the news every day since he just simply put their bitcoins aside and securely and continue with their daily activities also this comes up with conditions as always, one should invest what they can afford to lose because you don't get rich overnight with bitcoins unless you are the current luckiest guy on earth. Long-term bitcoin investment usually takes years to prosper and you can decide to convert it to fiat once you see the price has reached your preferred amount.

Fair enough to believe on the bright side, but don't look only at the bright side, the other side has a lot of lessons that it is teaching that you must learn, like someone made a post about investing without keeping emergency funds close by, and that is Lane cause you been so optimistic about bitcoin doesn't remove the possibility that things can go wrong and you lose all your holdings to some freely emergency, so yeah prepare for both good and bad as an investor.

Being a Bitcoin enthusiast, it’s easy to wish to see or look at only the bright side to every elements that might exists within the Bitcoin ecosystem but, it would be pretty dumb to not give attention to some of the negativity or sides to it that might not be so positive. Noting it doesn’t mean you having to give it much attention such that, it could push you to liquidating your portfolio but, you could always take other advantages of these situations.

Speaking of fees, you could always do most of your transactions as one bunch in this times, rather than paying same fee for several pockets of transactions. Also, price dumps presents buying opportunities, it’s the way to look at it. These negativities simply serves as a way to further prove the inevitable and you should note that, use it to build faith and strategy.

Nah fam, constantly looking for the silver lining in things doesn’t make you an optimist. It makes you a delusional.

It doesn’t matter if people go nuts and bonkers about bitcoin dropping in price so drastically today. It’s a normal reqction to a perfectly understandable situation like so. People are always going to give yiu the most genuine reactions and if you’re going to clown on them cause “they can’t keep their cool”, then I got news for you bub, you’re no different than these people.

In my opinion, let people react the way they want to react in situations like these. It’s their money first and foremost, and I see nothing wrong with being scared and sad that you’re money’s growing thin by the day, and at the end of the day, it’s not like they’d stop investing in crypto after this! There are thousands of other opportunities to buy and reenter the market, forcing people to hold just ruins it,

Let the people be scared, let the people be more concerned about their money and be realistic in these things.

This is what I am seeing, many people become too optimistic and gradually they start to become delusional giving misconceptions about bitcoin. Many people are too delusional to think that bitcoin is like God, it can solve all problems in the world such as eradicating poverty, reducing war, helping the world economy develop...Regarding investment, many people even think that investing in bitcoin is risk-free and bitcoin only increases and never decreases. These illusions will really endanger them if someone sells all their assets to invest in bitcoin.

Everything has risks and we need to be realistic, then analyze and come up with a plan that suits us. If we only look at the positives and ignore the negatives, it will only expose us to more risks.

I guess it's better to be delusional sometimes, specially in a market as volatile as Bitcoin. Nevertheless, we've seen in the past what it can bring to our lives and maybe this is the same reason why people are having this illusion about Bitcoin.

As for the risk, everything in life has risk, the thing with this market though is that it is really unpredictable that there are people who easily give up and there are some who become delusional but at the same time see the future of their investments, like getting big profits in the future. Specially in the current situation that we are about to enter the halving.

Apart from knowledge about Bitcoin which has become important for every investor, in terms of investing, actually every investor only needs to use special money or in other words, cold money. So that investors will never find it difficult when they have to face risks through price corrections that occur in the market, because the goal is for long-term investment in Bitcoin. I don't think there is any need to be overly afraid if every investor has seen how Bitcoin's value develops in each cycle because for me Bitcoin is the only asset that does not disappoint when held for the long term. So you don't need to be too afraid of risk even though you have to understand it as your own initial knowledge in terms of investment.

Bitcoin can only go higher by holding it for a long time, because the longer Bitcoin can be held, the more future benefits it will bring. But those who held bitcoins and sold them did not improve much, the ones who improved were those who still held bitcoins from the past and will continue to hold bitcoins for the future. Because it is best to hold bitcoins only to get to the top of success, there is still plenty of opportunity to hold bitcoins.

Doing multiple small transactions increase the fees you will be paying, doing a one time transaction is good or make use of lightening network to send multiple small transactions but let the other person receiving the transactions be aware that you'll be making use of the lightening network or you will lose your Bitcoin. Bitcoin fee should not stop us from looking at the brighter side Bitcoin has, Bitcoin price is increasing more than the fees are increasing therefore I would not be more concerned about what the fees are because they would not get as bad as people are thinking. Playing 10 bucks to send 500 buck would not be a big deal if my transaction will be confirmed fast. I'll keep making more profits when I hodl Bitcoin and the profits will be paying for the fees that is needed to confirm my transaction therefore I'm not worried but only sees a brighter side for Bitcoin.

You're right. People invested their money in this, so watching it tank will generate panic. This is normal. But folks, we must stand back and think bigger. Bitcoin isnt a whim stock. Decentralisation takes control from banks and governments in this new financial system. Today's drop? Understandable to be scared, but most people dont understand markets - any market. What falls can rise. Fear is instinctual, but markets have crashed and rebounded many times. Over time, Bitcoin will be fine.

Instead of panicking, lets teach them about cycles and how investments go up and down. No, "dont worry, be happy" is crap. Understanding how this works, making sensible moves, not panicking, is key. The crypto industry is young, thus there may be bumps. People, changing the world costs that.

I understand what you mean but I wouldn't call it delusion, I would call it greed at the right time, when the bull season comes and it is completely understandable that you have high expectations for your investment. That's not delusion, just a little more greed.

Personally, I am very greedy as I predict and believe that bitcoin can touch $200k in the upcoming bull season and I am willing to take risks to get bigger rewards. Meanwhile, everyone just expected bitcoin to reach $100k. But I will never be under the illusion that bitcoin can save the world by eradicating poverty or be a panacea for the world economy.

Do you want people to keep holding their Bitcoin forever? No one can do that, and though I agree that holding Bitcoin for long-term can bring you more profit since its price tends to go higher in the long run, I believe one should take profit at some point especially if they feel the market is going to fall after that point so that they can buy again when the price is lower and then hold again for long term before they see an opportunity for taking profit.

A lot of people say that they would keep holding their Bitcoin even if there is a bull run but I don't find that wise because it's more profitable if you sell your assets when the price is low and then buy again when the price is low and repeat the process. This industry is all about making the right moves at the right time.

There is no reason to dout everything you said, I think that you are absolutely correct, anyone that interested in investing in Bitcoin should only be looking at what is going to be achieve at the end of the your buying, yes Bitcoin has shown beyond doubt that it is a good coin and not a scam. All one needs is just to be buying and hold patiently for as long as possible in order to have a good return.

That's right, my friend BTC is always a great option and does not disappoint. Well, what deserves to be called an investor is actually someone who has money, focus and totality and is not easily provoked by a little issue of rising BTC prices but he is waiting for the double value of this pure investment to be even greater.

Well, speculators used to do it and they always do it just to take profit when prices fluctuate and it's synonymous as daily, weekly or monthly traders.

I agree bitcoin has its pros and cons so it's best to proceed with caution considering both sides to avoid disappointment later. There are many investors who only consider the bright side and then negative thoughts are formed in their mind when the price goes down. Therefore both sides should be known and should be held for long term to get good profit in future there will be less risk in holding.

I totally agree with this. Especially taking into account that people who trust in Bitcoin will benefit from panic selling in the end having the opportunity to buy at very low price. ;)

I personally wouldn't call OP "delusional". To me it's an optimistic view of things, which I also adhere to. But let those who is scared to be scared, after all it’s their money, I agree with this.

No matter what we do and no matter how hard we do make out those kind of advises but still its not something that would really be stopping into those people who would really be tending to make out those panic sells on which its true that this kind of condition will really benefit out into those people who are waiting to buy at the dip. This market does have its ups and downs on which there would really be always those people who would really be catching at the bottom. It cant really be just that avoided that there would really be people that would really be panicking on the time that they would really be seeing those negatives.
This isnt really just that limited on Bitcoin itself but also in other investment as well on which there those cons or or risks on which its normal but its true that being positive is not that bad
because once you do face up those kind of conditions then you wont really be that finding yourself that been affected greatly.

Before doing your business, what should you see about his negative site? Regardless of the negative site, if there is a problem with the business, it is not possible to keep the business. Investors must be aware of the risk involved in investing in Bitcoin. When you know about the risks, you can negotiate that thing better. So this distance must be done in this business.

If we want to hold it long-term, the only thing we can only think about is the bright sides of Bitcoin in the future. That helps us overcome difficult times of the market. However, to have that belief, we ourselves must have complete knowledge to understand the potential of Bitcoin as well as this market in the future, rather than listening to the encouragement or assurances of Bitcoin. Someone said "Bitcoin is very valuable, hold on to it".

Many people came when this market was exciting, but they quickly left when they suffered losses and their previous expectations were not met. They think this is a market to make quick and huge profits. So, most of them invest in Altcoins and ignore Bitcoin. For me, Altcoins should only be invested seasonally and when the market is uptrend. Because in my opinion, Altcoins projects were born to take away Bitcoin from weak people. Therefore, if you look at the long term, you should only hold Bitcoin.

But if we equip ourselves with enough knowledge about bitcoin, we don't need to avoid negative things about bitcoin because we will understand that all those negative things will disappear soon and in the long run, Bitcoin will continue to grow.


Based on the market cycle, we need to hold for at least 4 years to be able to profit from bitcoin but there is no denying that we are not here to get rich quick. Bitcoin cannot make us rich overnight or in a few days but it is clear that investing in it will bring bigger profits, faster than other assets and that is why we choose it.

By the way, I like your investment thinking. Investing in altcoins is not so bad and we should invest seasonally to maximize the best possible returns. Don't be too stubborn to think that investing in altcoins is a waste or that they are just trash, and miss out on many great opportunities.

Well Said, when you talk about looking at the brighter sides of bitcoin in the future, is obvious that bitcoin has a better future and also the potential to increase from it value. However bitcoin investment isn't what you just invest and  be expecting to get profit anything soon, if you really want to make profit from bitcoin investment you need to hold on to  it for Long term, bitcoin investment is not a get rich quick scheme.

Of course it is very important for those who invest in Bitcoin to be careful so as not to make mistakes that cause them to lose money in the investment they make and it would be better if we could consider both sides of the investment as you have said because if we only consider the The positive thing is that we don't think too much about the risks that we will get if something we can't predict happens and we are ready to face it, choosing to hold in the long term. I think this will be profitable and we have to be patient to wait for the profit target.

I respect those people very much. I really admire them. It's actually not easy to buy at the dip. There's always a chance of the price declining further and further, especially when you see how fast it was declining recently. But there are people, they are heroes in my eyes, who believe in Bitcoin so much that in one point they say to themselves: "Enough! It can't go further down much from this point. I'm buying!" In the future they are rewarded greatly for this way of thinking, and they totally deserve it.

Op, one things is for sure not everyone is a holder, some people heard that there is money in Bitcoin and jump to invest in it, not knowing how it operates, the day I made a research about volatility that's the day I understand Bitcoin, despite that we are enjoying the investment aspect of Bitcoin, that's wasn't the initial plan but as we may have it here we are today, Bitcoin volatility makes the price unstable and that is why it takes patience to be a holder but if you understand Bitcoin you will know that bitcoin can drop to it's lowest today and pumps to the highest in a few days, the congestion experienced by Bitcoin is as a result of unconfirmed transaction and that's because many people keep panicking to withdraw because of reason best known to them.

OP the truth is that experienced bitcoiners are not moved by the current price of Bitcoin because this is not the first time bitcoin has done this, instead most of them are busy acquiring more of bitcoin asset.