Bitcoin Forum

Investing in bitcoin is not a do or die affairs we all know that  investing in bitcoin is very profitable, because bitcoin is a store of value with potential returns, and it can also be risky.

Alot of people are interested to invest in bitcoin but they don't have what it's takes to build a solid investment portfolio to hold for long term of 4 to 10 years, that's why i created this thread to highlight people that should stay away from investing in bitcoin in other for them not to be damage emotionally and end up regretting.

Those who can't afford potential looses and are not comfortable with the market volatility should just stay away from investing in bitcoin, for the game in bitcoin investment is not for them

Those seeking for short term profits should just stay way from bitcoin investment, for Bitcoin investment doesn't give short term profits, where those category of people belong is cryptocurrency trading and not bitcoin investment.

Those who are lacking emergency funds, living in paycheck to paycheck, and struggling with depts should just avoid bitcoin investment or they we end up investing nothing but regret, because they can never accumulate a good portion of bitcoin to hold for long term, or they we end up selling their bitcoin investment at early stage, because of emergencies that may arise along the line.

Knowledge and understanding are also essential in bitcoin investment, so those who lack knowledge and understand about bitcoin investment should just avoid it, because if they invest in bitcoin with ignorance sorry is their name.

Btc is the best coin to make long term investments but it is also a good choice for short term profits even if you are not doing leverage trading you can make short term profits from BTC, and if you are saying, a person who can't control their emotions they should stay away from btc, that's not advisable because the safest investment is BTC and if a person can't control their emotions in BTC investment they can't control it in alts market.

They just won't survive, it does not mean all of them just the newbies who can't control their emotions, BTC is not a rich scheme. We should face the losses to learn the market, by fearing and not giving a chance we can't learn anything, you want to learn, run a node, test wallets, platforms providing services to btc holders, it's not always about profit.

In short, Bitcoin isn't for everybody. The problem is that there are so many people who jump right into it without doing a quick due diligence. Especially during a bull run when Bitcoin is all over the news highlighting its price increase, many start buying without understanding anything.

One thing you're missing, however, is the responsibility that accompanies a Bitcoin investment. To invest in Bitcoin is to be your own bank. That requires you to at least understand how keeping Bitcoin is properly done. If you don't want to spend time and effort understanding wallets and private keys and whatnot, Bitcoin is also not for you.

Everything has risk, more or less, but in cryptocurrency market, Bitcoin has less risk compares to many altcoins.

Bitcoin by design made by Satoshi Nakamoto in 2009, has its Bitcoin block subsidy halvings every 210,000 blocks. This is about 4 years which are also time length of one Bitcoin market cycle.

There is no perfect time period to get profit, but if you can invest money in Bitcoin, hold it for a little bit longer than 1 market cycle, you will have good profit. History of Bitcoin market says so but if you doubt about it, you can check.

https://hodl.camp/
https://charts.bitbo.io/yearly-candles/
https://www.bitcoinmagazinepro.com/charts/bitcoin-profitable-days/

One more thing, those who don't want to learn more details about Bitcoin investing before they joined. This is the important thing I think because without they learn, they will not know what they need to do. They will not accept when their money value reduce because of the price is down, they are panic and difficult to manage their emotion, they can't hodl for one or two cycle, etc.

If they want to search for a short term profit, they must learn about trading so they can trade without a problem. But they must know that the market is unstable. Those who lack knowledge of Bitcoin investment better not to try to invest in Bitcoin.

i think instead of preventing this type of people from getting into bitcoin maybe they should just change their mindset and only invest what they can so that they are not too anxious and stressed about losing too much money because investment is important and we have an opportunity in our hands
or maybe they should just learn more

the things you mentioned are all characteristics where one can change they can develop themselves to ensure success in bitcoin investment or trading so if you notice yourself in here there are so many ways to still participate and invest in bitcoin. that is the beauty of bitcoin rich or poor you can find a way to have an investment of your own

The first rule of investing is this;

- Do not invest in what you don't know.

And that's why everything we invest in that we don't know leads to actual losses from just being potential losses. Those who have seen how Bitcoin works and understand it the way it is are the ones who decided to hold it for the long term. But it doesn't mean that the short-term folks don't understand it, they just chose the shorter path and they might be back for long-term holding too once they have profited from it. So, going back to the first rule, an ignorant investor is bound to losses.

Yes, it is a winning strategy but if we look at it now there is a change in the cycle, they will temporarily move to coins other than BTC, perhaps with that temporary choice will be faster than compared to other asset classes.

Is their anything that someone should invest on that the person should not have learned about its investment before investing? Even gold and others that are very safe assets should first be studied very well before investing in any of them. It is not just bitcoin but everything you want to invest on.

About bitcoin investment, if you do not panic and sell and if you can be able to wait long term, the price of bitcoin will increase and later go above the price you invested in it. That is why such assets are referred to assets of increasing value because in long period of time, the price of bitcoin would have increased.

That means there are only 4 types of people who should stay away from Bitcoin. If it had to be the order of most must & least must, then it should be:

1. People who lack knowledge & understanding.
2. People who are in bad financial condition.
3. People who cannot afford the potential for loss.
4. People looking for short term profits.

In this case, they should reconsider their entire financial strategy. There are simple rules that objectively help people and should be followed in the following order:

1. repay your short-term debts.
2. build an emergency fund. The size of the "emergency fund" is completely subjective and depends on the individual's financial status (expenses, salary, personal life etc).
3. have a plan to repay your long-term debts.
4. invest

Some tips:
(a) you can use other types of bank accounts for the emergency fund, where you gain at least 1% so that you can deal (partly) with the inflation.
(b) the emergency fund can be used freely, don't stack money in there just to stack them. Just put an upper threshold and when you are lower than that, refill it.
(c) if you can't put aside more than 1% of your salary in the emergency fund until you fill it, then just put 1%. Don't ignore it, because even a car's flat-tire, or a small house emergency will require you to use credit that you haven't planned to use.


Yes, it's very important, but considering that most people keep their money in exchanges, I can safely guess that in fact the opposite happens.

Before investing in bitcoin or other cryptocurrencies one should have proper knowledge and risk management issues. Those who have little knowledge about bitcoin should avoid it because they will not be able to control their emotions easily along with this those who have poor financial condition and are not able to take risks should stay away from bitcoin or cryptocurrencies. For them it can cause losses in the long run if they are interested in the cryptocurrency market in the future they should first gain detailed knowledge and make an investment plan according to their situation.

The things you barely need to survive come first - food and water before investments. The latter comes when one becomes sort of financially stable that too started with less risky assets and then they move to high risk assets which includes bitcoin even today.

So if someone is living on paychecks I would not suggest them to go for bitcoin, they should secure their living, have a stable income and good savings first before stepping in this field.

Bitcoin is not a get-rich-quick scheme, it is a long term investment with loads of ups and downs.

Totally agree with what you're saying OP and I think that it's a common sense anyway that you only should invest what you can afford to lose and not go all in and then starve yourself of your needs and then end up losing a lot of things besides money at the end of it. There will be people that will disagree and that you can invest little by little, they are right but I'd rather get out of poverty first and as quick as possible rather than stay there just so I have some monthly savings for a future that is still uncertain given that I'm still impoverished.

I mostly agree with what @Cypherpunkz said but I'm not sold on the 4th one, you can invest in bitcoin in the short-term if your goal is also short-term, that's how some people get profits all the time, they invest and wait a little and then get it out when they're in profit, not really a big deal but I think that those people do deserve to invest especially if they're making money out of short-term investments.

Sometimes, I don't understand why people are always thinking about investment. Investment and financial freedom are overrated in the recent years.

It's always like, if you make $500, use $300 for food, rent, utility, personal needs etc, then the rest $200 is used for investment. Then after 10 years your money will worth $50K and then you can retire early by just living from 4% interest from your investment.

The most important thing is, increase your earning power until you reach your limit, in order to increase your earning power you have to invest in yourself.

After your earning power is big and you have money to invest, then think which asset suits for you.

https://imgvb.com/images/2025/03/19/e240207d447b2a34d41f29e9965de8af.jpg

Maybe Bitcoin investment really isn’t for everyone because you do need patience and a strong mindset but I’m not so sure about being financially stable. Even though I wouldn’t say I’m financially stable right now I can still manage to invest a little sometimes. I can still handle urgent needs when they come up too.

A lot of people dive into Bitcoin thinking they’ll get quick profits but they end up panic-selling when the market dips. They don’t realise it’s not that easy that’s why it’s better to wait, learn and invest when you’re prepared.

Statics proves your statement.

Of the year gone ordinary people liquidated as many as 525K Bitcoin they owned while various funds and business have gorged together around 900K of BTC.

^{I think that} the tendency in the observed redistribution is commonsensical; physical gold is also not in everybody hands, ^{pierced earrings and rings don't count;D}

Bitcoin was created for everyone, not just for a specific group of people but the problem is that not everyone has the ability, patience and courage to adopt it.


You don't need to be financially stable to start investing in bitcoin. As long as you can meet your daily needs, have a reasonable spending plan and have money to invest in bitcoin, then invest as soon as possible.
If someone says they want to be financially stable before planning to invest, I think they will never invest in bitcoin. Because we don't have financial stability, so we have to try harder every day, work hard and invest...and the purpose of all of that is to have financial stability and become rich.


Bitcoin is like any other investment, to be successful requires knowledge, experience, skills...or in other words, it all depends on us, bitcoin is just a tool, it does not decide for us.

If you don't have the stomach to watch red candles and need the money for something more important, investing in general, and not just investing in bitcoin, isn't for you. You are more likely to get scared and sell at a loss than you are to hold and wait for a more favorable outcome.

It's not true that bitcoin doesn't yield short-term profits. A few weeks ago, BTC's value rose by $10,000 in a day, only to fall by as much the next day. That's a decent daily gain. I don't agree that unknowledgeable people should trade crypto. It's a disaster waiting to happen. Check out What Can Happen If You Want to Trade Cryptocurrencies, but You Don’t Know How? if you are interested (https://bitcointalk.org/index.php?topic=5362037.5). If bitcoin falls by single digits, many alts will fall by double-digits. You are looking to lose much more attempting to trade (without knowing how to) than simply holding bitcoin with a long-term outlook.

I've learned that putting money into bitcoin takes patience, some extra cash, and knowing what's up with the market. It's not for me if I'm after fast cash, tight on bills, or freaked out by wild price swings. If I don't have savings tucked away or can't wait it out, I'd rather get my money stuff sorted first. Figuring out how it works is huge too, jumping in blind just messes me up. Bitcoin's been awesome for me but only because i'm ready for the rollercoaster.

Bitcoin is never going to appeal to everyone -  just the same as not everyone invests in Gold or
saves FIAT for their retirement.

There will however always be people who will get into Bitcoin at the wrong time and not have the
knowledge to HODL through the dips and end up selling through panic at a loss, thats not going
to change just because the OP created this thread.

Bitcoin is the best investment tool for people with a long term outlook, there will be dips and bear
markets but over time Bitcoin is moving up. There are very few opportunities for anyone looking
for a return that Bitcoin offers in terms of investment.

Definitely Bitcoin is not for the weak. To be a good investor you must be patient, dedicated and consistent to be able to invest.

One of the important thing to consider in Bitcoin investment is to check your level of income generation and the duration you want to invest maybe short or long term investment. If you are a low income earner, and accumulating Bitcoin with that amount, it will affect your income. So then there is no point of investing. But if your level of income can sustain investing into Bitcoin, emergency fund and discretion to invest in a regular basis then you can invest. but then if not possible it's better you don't invest atol.

We know that investing in Bitcoin can profitable but it is also risky.  So not everyone is ready to invest in Bitcoin for long time. Some people who can not afford so they should be careful or not invest in Bitcoin at all. If they can not afford and think they will lose money or do not like ups and downs of market it is best to stay away from market. People who do not have enough money saved or have a lot of debt so they should also avoid investing in Bitcoin. They might have to sell their investments too soon or go deeper into debt because Bitcoin investment ask for patience. It is also important to understand how Bitcoin investing works. If they do not know much about it it is best not to invest or they might make costly mistakes.

I read the topic and wanted to be outraged, and then I read the post) I completely agree with the author. Bitcoin is definitely for a long time and without panic. Well, plus, what's the point of investing crumbs in it if you want to make money fast. With this rate, you can only raise money by investing large amounts, but you can also lose on such swings. Therefore, if you make savings in the crypt, then this is a cue ball for the long term. And you can safely play on the courses on altcoins, there you can start with small amounts.

A person who is interested in investing their money in Bitcoin needs to learn about Bitcoin first, such as its risks, the right investment methods such as DCA or lump sum, etc. The mistake people make is not learning about Bitcoin first before they invest their money in it often leads to panic selling, falling for scams, or wanting quick returns in a short time. A proper understanding of Bitcoin investment can make a person have the right mindset of investing in Bitcoin and they will not have unrealistic expectations about the investment they make in the short term, and don't make a hasty decision to sell their bitcoins in a panic.

I know many people will still ignore this thread and do what is on their mind, but if truth be told someone shouldn't be ignorance and invest bitcoin if they lack the few things I pointed out, there is no doubt that bitcoin investment can be profitable when hold for long term, so if someone must invest in bitcoin he or she should work on his or her self if they belong to the Category of the people i just listed, though am not discriminating anyone nor saying that bitcoin investment belong to someone category of people am only giving a word of advice as someone who cares, because for you to be profitable in bitcoin investment you need to apply good strategy and good practices, for knowledge and money is very essential in bitcoin investment to be able to accumulate a good portion of bitcoin to hold for  long term.

People think Bitcoin is the only investment that possess risk not knowing they pass through different kinds of risk in their day to day activities. If risk would stop anyone from investing in Bitcoin, I don't think they would ever make any investment because there is no single investment that is totally risk free. Although, it might be a good reason for some but I consider it wacky excuse. What happened to notion "no risk, no gain"?.


Don't necessarily need to stay away from bitcoin, but they are traders and not investors. Unfortunately, they chose to forfeit their long term gains for short term meagre profit and probably lose them in the long run.


This should be the most valid reason here because shortage of funds really destabilize one's investment plan. However, the truth is no one is being paid emergency funds from their place of work, you are responsible to make provisions for that. No matter how little you earn, if you plan your expenditure properly you'll definitely thrive by implementing an effective financial strategy.


No one is born knowledgeable or ignorant. You feed your brain with appropriate knowledge and if you really have interest in bitcoin, you will seek the knowledge by all means. It's one choice to lack or gain the knowledge on specific area they choose.

Most people think that bitcoin is a "get-rich-quick scheme". They buy it then in a few months, their investment will grow 20% or even more. While that could be possible, they don't acknowledge how volatile bitcoin can be. Sometimes your expectation won't happen and end up holding yourbitcoin for a long time because you missed selling during its peak at bull market.

I think all these results from having to use funds meant for necessities to invest into Bitcoin. This is same reason it's advised to invest into Bitcoin with nothing but your discretionary income so you'll not be unnecessarily bothered when the market dynamics, and other factors are playing out. It's also advised to approach Bitcoin with a target and long-term mindset so you'll not concentrate on the volatility, but rather on your accumulation target and holding period.

To be sure you have a Bitcoin investment is to know the reality that you are keeping the fraction of bitcoin or the amount you have in your personal wallet which is a noncustodial wallet to avoid being hacked. If you are keeping your coin in a centralized exchange then you are making a mistake to hodl there for a long time. During bull season, coins rise and become the envy of hackers who would keep making attempt on exchanges and your wallets, so if you have exposed your passphrase to a third party you are likely going to lose what you have laboured for. Therefore, it is advisable while hodling btc, do that in a secured personal wallet (noncustodial).

I’ve read your post thrice and sincerely I don’t want to condemn your work but I don’t think anyone who is interested in investing in cryptocurrency should be scared of doing so in bitcoin because bitcoin at the moment has proven to be a safe haven for those who want to invest in crypto.

I’ve got your point op and I think at the moment, bitcoin also has the potential of giving short time profit considering how often the market has been very unstable and there are still possibilities of someone making a *5% on bitcoin in few hours, so no need discouraging people who wished to invest but rather who should enlighten them more.

Just to further add on what you shared, I deeply regretted the times where I sold most of my BTCs that I earned through participating in campaign signatures over the past eight (8) years since I joined this forum in 2017.

Back in 2017, the price of 1 BTC was around ~$4,000. People were already rejoicing during that time whenever its price increases around a thousand dollars. The moment it fell from $20,000, people were panicking and saying that BTC was a bubble that just popped. People who joined the bandwagon without even researching what BTC was during that time were also the same people who sold their BTCs and claimed that everything was a scheme and a scam.

Fast forward to 2025, BTC is now breaking heights and reaching boundaries with its price. If anyone is skeptical or on the fence whether to invest or not, now is the time to purchase and set it aside for at least a minimum of five (5) years as a relatively long-term investment.

Yeah you are right some set of newbies thinks that Bitcoin is a get rich quick scheme just like Ponzi scheme and that was the reason why they started the Bitcoin investment this kind of people always get disappointed along the line, in other to become successful in Bitcoin investment you need to be patient and consistent Bitcoin investment is not a get rich quick scheme you need to be patient because bitcoin takes long for it to grow because of it volatile nature it goes up and down but this those not stop Bitcoin from growing it only takes time.
So as a newbie coming into bitcoin investment you must bare in mind that Bitcoin will take long time in other for you to benefit from it however there are some set of people that trade Bitcoin because is a short term investment however this is very risky and I will advise newbies not to get involve in it because you may lose your money but accumulating and holding Bitcoin for a long time is less risky and very easy to start but trading is very difficult to start because you need to learn how to predict Bitcoin movement.

You must understand what freedom means in living this life.
Everyone has the right to determine what they want as long as it does not conflict with the rules. Bitcoin is for everyone and everyone can have Bitcoin even though only certain people can have Bitcoin for various reasons.

Bitcoin for us is an extraordinary system in the currency sector. Its use can also make people store value against fiat currencies. As an asset that is expected to be something in the long term, this also cannot be blamed even though some groups are not happy with the existence of Bitcoin.

Will some people learn to adhere to this kind of advice? That's the major problem we face this day, as the majority of people are looking for quick ways to be rich. Whatever they are being introduced to that involves money, they will grab it without asking questions about what's truly involved of what they are being introduced to.

Having the basic knowledge of bitcoin is enough for anyone who wants to invest in bitcoin, because you arw investing in a long-term. Therefore, you can be learning more about bitcoin simultaneously as you are investing. Bitcoin is very broad and you cannot learn everything about bitcoin within a short period of time.

Bitcoin isn't just a temporary choice. Whether there is a motion from BTC to the other cryptos and vice versa, it's always been the best choice. But this isn't only about that but being able to choose what's the best investment for ourselves and knowing how it goes. Without understanding it, you're like throwing a lot of money to the market and letting other people win over that. As for the change in the cycle, that's visible but it is still making Bitcoin as the top choice and as we speak now, the price moved quite a bit as per FOMC.

Investing in bitcoin these days becomes a trend. We often hear profits here and there. But we never hear them losses everywhere, and I think that’s the reason why people rush to invest in bitcoin even without proper knowledge and lack of experience. They think bitcoin is a get-rich-quick, but in reality there’s no easy profits and that anticipated profits could even turn into instant losses if these people invest in bitcoin blindly.

The key here, know when and how to invest in bitcoin, although everyone can invest in bitcoin, but let’s face the fact, not everyone can be profitable with bitcoin due to financial, mental and emotional issues.

The title was a little profocative I almost wanted to rebut loudly but the content didn't match what I thought.

But in the end in this case I quite agree with this where we actually have to realize that in the end investing in bitcoin takes time and is most worth it if it is in bitcoin for the long term.
That does not mean that for the short term it is not possible to get a profit because it could be that when the momentum is right we get a profitable result but the profit may only be a small part and not optimal so that in the end it returns to conditions where volatility is always one of the things that cannot be separated with bitcoin and of course the risk in bitcoin is greater than imagined so it would be better if we really want to invest, then the long term is the most appropriate choice to do.

To know about what investment is, one should define what is an investment...   I believe it is misleading to say that cryptocurrency trading is not a Bitcoin investment, what if the cryptocurrency that is being traded is Bitcoin?  Does it not fall into Bitcoin investment?

Although you are highlighting things that lean towards long-term investment, do not forget that short-term investment is also called an investment, may it be Bitcoin or other cryptocurrency in the form of trading.

Why do traders need to stay away from Bitcoin as their investment?  If one is knowledgeable about trading, why limit themselves and not invest in Bitcoin to take advantage on Bitcoin market volatility?  I have read a news about a Bitcoin trader who take advantage of the emotions of people and is able to profit millions of dollars in a short span of his trade by selling his Bitcoin driving the price down since many follow, then buying at a lower rate leaving him with the same amount of Bitcoin and an extra millions of profit.



They can DCA, and buy a small amount of Bitcoin that is comfortable for their budget, after all one can buy for as low as $5 - $10 which I think won't jeopardize his monthly budget.  If ever time comes he needs to sell his BTC prematurely, at least that way, he has the funds to help him when he is in need.  Isn't that wonderful that he has something to spend. From what we know, that fund could have already been spent if the person did not use it for Bitcoin investment?

Those who are afraid of investing bitcoins get away from here. Bitcoin is a coin of an operation possibility. It once decreases prices and once again rises overnight, that is the religion of Bitcoin. Bitcoin can be extremely profitable for many of investing but it’s in some markets where there are risks and volatility, some people are extremely profitable for it, and some people become extremely damaging for some people. This thread is mainly for those who want to invest in higher education like Bitcoin but to prepare them. Article cannot tolerate high risk they refrain from investing in Bitcoin. Its price may suddenly be high and low, who do not feel comfortable with market porn and cannot bear every bitcoin investment. Bitcoin can be as profitable on one side as on the other side, there may be high risk. So you have to have the mind mentality to deal with two situations. And those who can take risks can invest bitcoin, I think you can benefit a lot.

Well, it’s not that people should stay away from bitcoin investment. There’s no wrong with bitcoin, the only problem is that, people shouldn’t be investing in bitcoin if they have no stable knowledge that would make them aware about the basics of bitcoin and how it could be seen as an advantage.

Everyone is free to invest in bitcoin, that’s certainly one fact that we can’t stop these people from doing. But let me say this, losses are never an exception. Everyone may lose, and get tired of bitcoin, and eventually leave the market, that is if one resort into bitcoin investment and put their funds blindly.

Those that are lazy should not consider bitcoin because it's not going to be smiling at their laziness.

People that don't keep to learning should also not invest because they are mostly not going to be informed of the necessary things they should have known.

Also to those that are not risk takers, they should not invest because making money involves risk taking, which they must go for with an understanding that they see it worth taking.

First things first, if you are investing and not trading and selling at a loss, you will barely lose money in Bitcoin because the price eventually goes up even if it goes down at first, but this again depends on someone's knowledge because if you have invested in Bitcoin and know nothing about how it works, you will panic and sell your assets when you see the price going down and that is what makes you lose money.

Everyone is free to invest, of course, but someone needs to understand that the investments they make must be made from their own money and the money should be free of obligations, which means that you shouldn't need the money for anything else because the market is volatile and unpredictable and you never know when it might go up or down, and if your investment gets stuck, you shouldn't face problems because of that.

What's a potential loss? Is that a loss that is capable of happening but not really there yet? In other words, we are all potentially dead because we could get hit by lightning tomorrow, or a plane could fall on our heads, but yet we still live our lives like it's not a threat.

Why should I care about something that could never happen?

IMO bitcoin investment is for everyone because everyone can benefit from it. You really have to put serious effort to turn that into a loss.

Basic rules for Bitcoin investment are financially stable. Unless you have enough money, Bitcoin investment isn't for you. That's the way how actually rich people become richer. Those who have invested in Bitcoin a couple of years ago now become rich.

However, you have pointed out a few genetic reasons that have been discussed a couple of times here. But I would like to inspire instead of disappoint with Bitcoin. Those who don't have enough money to buy Bitcoin need to follow the DCA strategy, actually. Of course they have to wait longer to get the advantage of Bitcoin investment.

There is no way to make quick money from Bitcoin. A lot of things are involved with Bitcoin investment, especially proper knowledge about it. Whoever has proper knowledge about Bitcoin, I am pretty sure he will manage to invest in Bitcoin somehow.

Short term gains is actually possible with bitcoin unlike most altcoins. But, this happens when there is a perfect timing and a perfect opportunity. But since bitcoin is a volatile asset, we cannot really tell when exactly this perfect opportunity would come and that is why people are advised to invest for long term. Amongst us here who are investing for long term, many would quickly withdraw their holdings immediately they notice any significant price increase. This can happen anytime whether short term or long term. Note that this set of people can be very patient till they reach their goals. That is their strategy of making money from bitcoin.

I do not really see this as a big deal. Anyone who is really interested in investing in Bitcoin will learn at least, the basics about bitcoin, except they are not just interested in Bitcoin that much, then they can avoid it just as you have suggested in your op.

Those who have been able to make a profit by investing in Bitcoin will not benefit no matter how much suggestion we give them because they have created such a curiosity/interest in themselves by getting a profit from Bitcoin investment that no matter how much suggestion is given to them against Bitcoin, they will not be able to accept it in any way. And those who have invested in Bitcoin and held it for a long time will never stop investing in Bitcoin. Moreover, a holder will continue to invest when the market is in a favorable environment at different times, and his portfolio must be according to the DCA method, so he will invest in dumping markets at different times. Moreover, those who are aware of the nature of the Bitcoin market and who know that the market is temporarily in a bear market position should never be deterred from investing.

Advising people to desist from bitcoin investment doesn’t sound right, for the fact a lot of investors don’t love bitcoin investing pattern it’s quite understandable but, I will not give such advise as op is stating in the context. Bitcoin knowledge can be acquired including funds can be made for the purpose of investing, forcing an investment is also not the right thing to do instead it’s left for them to make their decision. Concerning emergency funds I will suggest an investor save gradually definitely building an emergency fund doesn’t take a day likewise bitcoin portfolio, more reason one need to take time not chasing after quick gains because investing is all about long term plan.

This is where the "invest what you can afford to lose" comes in if a person aren't comfortable with how much money is invested. If a person don't want to be emotionally affected by the investment then investing what you can afford is the best choice as you can afford to lose if not lucky enough to earn profit. It's not like you lose your bitcoin when you invested since it will only be the same amount and only the value in fiat that's change so you can hold it much longer before the price increase again.

Though that mantra is very popular when it comes to investment, still, many people are having hard time practicing it because they have high hopes when they start shoving money into this market. Admit the reality that a lot of people are jumping into this bandwagon because they thought that they can easily get rich with this market. However, they will know it once they got in that there's more than meets the eyes in this scenario. You can't just gain profits by buying btc. It is how you strategize in selling your coins to gain profit.


That for sure is the usual mistake of people when it comes to btc investment. If they don't know the market, better enrich yourself with knowledge if you really want to get a hold of some satoshis. Because investment in any thing needs knowledge, not just only with btc. As we can see here, no matter what type of investor you are, whether a big or smaller one, you are free to enter this market. However, it is up to you how you will handle such investments to acquire your profits. The entry and exit in this market would tell you ho much you can gain in this market. It may seem simple but the actual execution would be a challenge especially if the price gap is quite slim.

Indeed, if we want to invest funds become one of your main weapons, but this is not just about funds, before you start investing the most important thing or foundation in this section is knowledge itself. If you already know all parts of this investment, be it buying good assets or uncertain price fluctuations, then you start it slowly with very little money first. Over time you will get valuable lessons from your own investment knowledge, you can use much larger funds than before if you are sure of the assets you buy.

Indeed, there are many stories about the huge profits that bitcoin can bring that are widely circulated but rarely are there any stories about losing money when investing in bitcoin mentioned. I think this could also be one of the reasons why many people mistakenly think that bitcoin is a get rich quick scheme and many people rush to invest in bitcoin without fully understanding it.

As I have said many times before, bitcoin is not a magic wand and will change our lives easily. It is just an investment tool like many other investment tools and the profit will largely be decided by the investor and not by bitcoin.

At some point, we all jumped into Bitcoin without fully understanding it, often driven by our own interests. We made all the typical mistakes, and as time went by, we learned and adapted.

For someone to claim that those who are cautious about losing money don’t belong in this space is misleading. Millions of people invest in Bitcoin, and the fear of losing money is a significant factor that drives this market. If no one had any fear, everyone would hold onto their investments, and if everyone held, there would be no one willing to sell.

The only group of people for whom Bitcoin investment is not suitable is those who are unemployed. If you're lazy and unwilling to do research yet still drawn to Bitcoin, you will eventually learn a lesson and either adjust or quit. That becomes a matter of personal choice.

If you’re jobless, you cannot afford to invest. Even if you happen to have a quick $100 as your last money, investing it in Bitcoin would likely lead to you having to withdraw it quickly, as you need to prioritize your survival.

Knowledge is of great advantage, but at least knowing the basics is enough at the start as the learning process continues. They will know more as they gain experience as well. Besides, it was not just the knowledge that would lead to success, it also depended on how we managed our investment. It is more in strategies and market analysis. But if we want to have a better investment future, it is also a need for us to make an effort to know more about Bitcoin. Might it take so long but I believe this will also give positive results.

Yeah that’s a great way to put it Bitcoin is really just a tool and how we use it is what matters. I agree that waiting for perfect financial stability might mean never starting at all. It’s more about covering daily needs, having a bit set aside for emergencies and still finding room to invest when possible like having extra aside from essentials. We should have the right mindset, learning along the way and accepting that the ups and downs are part of the process.

With knowledge, risks are becoming smaller, much more so than without it.
From there, we are having much more analysis capabilities to get a better understanding of what may be done to achieve success.

Going by the contents of this post, it's obvious that you're trying to look out for people with little knowledge about Bitcoin as well as Bitcoin enthusiasts with very limited resources who find it very difficult to make long term investments. It's a good thread to be honest but I also think reading this by newbies or the not-financially-bouyant enthusiasts will likely serve as a discouragement to them.
Bitcoin is not for everyone I understand but there are people who doesn't have the basic necessities to invest in Bitcoin at the start but because they got the right encouragement from experts around them, they ventured into Bitcoin investment and today, are enjoying the proceeds. In as much as we preach for people to try posses the basic tools before investing, it's also important we encourage the determined minds irrespective of their current financial status quo

If it is said to be an investment, then they should understand that this is for the long term, more than 6 months, the longer the better by understanding the risks, if it is only for the short term it cannot be called an investment but a trade.

Trading and investing in Bitcoin is not always good for everyone, especially for those who only want to store Bitcoin for the short term but want profit like investors, as well as those who want to be investors but immediately panic when they see the price drop, so the key is in knowledge on how to successfully become a Bitcoin investor.

Any investment has risk factors, so if someone wants to invest, they must take risks. It can be in Bitcoin investment or any other platform. It is important for those who have the ability to invest they should choose a good investment platform. Since there are risks in other investment platforms as well, the investor needs to choose a platform so that he can get good returns from the investment in a relatively short time. And considering this aspect, investing in Bitcoin is definitely a good idea, but if the investor does not have the ability to invest for the long term, then Bitcoin can cause more losses for him. If someone does not have the ability to hold it for 4 to 10 years, the investment will be risky for him.

In my opinion, bitcoin is the best coin for someone to invest in without having a complete understanding of it.  Because it is the coin that can reduce your risk while generating big long-term profits when the market is performing well. You are correct that any investment is risky, but there are several sorts of risk. high risk and low risk. High risk are altcoin that can easily decrease plunge and don't know when the price will raise and most likely you will lose all of your funds. lower risk are bitcoin because you will always get believe that bitcoin we raise even he drop down. because is not something new. if you can be patient and leave your coin for long term you will always get that faith that the price will definitely pump. People I know who should avoid bitcoin are those who do not have a source of income and lack knowledge about it, because if you don't know anything about bitcoin, you will be unaware of the benefits that people are gaining from it and will believe that it is all a scam investment. Bitcoin is always one of my favorite coins to invest in or introduce to others without fear of losing a large sum of money.

What, who, when, why, where, and how or we know the 5 W 1 H method must be used if you want to be involved in all the desired things. To involve yourself in Bitcoin investment, the method of asking questions like that also applies to personal. After finding an answer from 5 W, then for 1 H it is very important by directing its intention to how to maintain the security of Bitcoin storage wallets because a period of 4 to 10 years is a long period of time. Wrong in maintaining security, the risk will lose assets.


That's why all important questions need to be not only thinking about how much potential losses.

Bitcoin investing is highly sensitive. It may not be effective for everyone. So there may be some reasons to stay away from bitcoin and currency investments especially if you have certain circumstances such as avoiding risks, market ignorance. There are some people who cannot take risks and no bad situation can actually deal with it says it will be extremely risky to invest in Bitcoin for those who cannot afford to invest in Bitcoin. If no one knows important information about Bitcoin and all the things about Bitcoin, he may be in danger and lose all his money and capital if he doesn’t have to stop investing in Bitcoin. If you’re a new investor, you’ll have to gain a lot of experience to check the market cabs well and participate in investing very carefully. And you must have the mindset of dealing with big or small types of bad situations.

If you are new to crypto and don't have enough knowledge, you don't need to invest yet; it's as simple as that. One doesn't need to be in a hurry, take things slowly, learn about the market and the cryptocurrencies you are willing to invest in, understand the risks and how you can reduce them, and then when you think you are ready, that's when you should invest because then you wouldn't need to worry much since you will have things under control even if the market conditions go against you sometimes. :)

We often see people who get into this market start either investing or trading early on, without even focusing on learning anything at all. That's a mistake, of course, because you can't do something efficiently if you know nothing about it, right? So it's important to get yourself equipped with at least the basic understanding of what you are doing so that you don't get yourself in trouble and have to face financial loss early on. :)

in your list many people is a victim of all this, I know very well that cryptocurrency investment is all about understanding if you don't have the knowledge of cryptocurrency especially Bitcoin I will not advise you to invest in Bitcoin but if you have the knowledge of Bitcoin investment I will advise you to invest because you can manage a loss, so for me it is very clear but investment undergo two things, neither you profit for the investment or you lose for the investment so before you invest you have to make a proper research to know the kind of investment you are going to invest on neither the long-term or short-term investment and also there in mind that you may make a profit, during the investment.

Yeah. Think of it like this: you wouldnt just jump into a super advanced video game without knowing the rules, would you? You would get totally wrecked. Bitcoin is the same thing, but with real money. And if you dont know what you are doing, you could lose a lot.

And, hey, you are young! You still have plenty of time to learn about investing. Why rush into something?

You’ve said absolutely the truth because if trading’s topics are not known correctly, not understood, or experience is achieved, it’s in danger that it’s 100% CO. So you know all the things well then trading will come. It has been very nicely explained that if a trader complies with all these things, he will certainly benefit and learn a lot about trading. Trading is a tight topic if you can win with experience, you’ll become much easier to earn when trading. If you’re completely new, grab a few months market cap and see. and gain experience.

Outside of these four categories, there are some people who are afraid to invest in Bitcoin. Those who have businesses and who trust paper money but not virtual currency. Those who have suffered large losses investing in Bitcoin will be afraid to invest in Bitcoin a second time. Those who are heavily influenced by the anti-Bitcoin sentiment around them will be afraid to invest in Bitcoin. However, a sudden market crash after investing for a long time can be very frightening for an investor. This frightening situation can cause many investors to refrain from investing in Bitcoin permanently or temporarily.

Having the right knowledge is our ticket to success here. This is the thing that must be understood for those who want to invest because investing in Bitcoin is risky, and having a single mistake will cost a lot.

That is why we don't need to rush. We should keep in mind how important it is to have proper preparation rather than saying sorry for the mistake that we made and losing our money. Having the right plan could make everything go smoothly, and this only happens if we have enough knowledge and a positive mindset.

Unfortunately, nobody can guarantee Bitcoin will give profits in the next 5 or 10 years. The market is no longer as immature as before, there are regulated ETF for Bitcoin now, and institutional investors are buying and selling it. So the market is deep and less likely to make +100% or +200% sadly. Nonetheless its volatility allow people to make interesting profits though.

Indeed! No one can guarantee the immortality of this market so to speak. It is the prerogative of the investor how he will strategize his investments or how long he will hold his alts.  An investment in a volatile market is quite scary especially for those investors who have limited resources to back-up their potential losses. That's the dilemma of a lot of btc holders. They don't know the lifespan or when they can get their profits out of this market. This is why if you noticed, there are several threads about getting the pulse of the community as to what may possibly happen to btc in the next 5, 10 years. They are looking for some assurance that this market won't just get dissolved and so are their investments.


Every investment has their own set of risks. This digital market is just one of the types of investments that one can venture into. For someone to get involved here, they need to know and learn the basics of crypto market before they shell out money for long-term investment. If you are not sure, try investing in short-term basis and see where this tactic can bring you in terms of profit or losses. In time, you will learn more and be more comfortable dealing with these digital cryptocurrencies. But as much as possible, better explore only worthwhile projects.

just like as you said in your second paragraph that some people are interested to invest in bitcoin but they don't have what it takes, I think this could be as a result of not having a proper knowledge about how bitcoin investment works. Because most people are concerned about telling newbies about the potential aspect and also some of the risk that is involved in bitcoin investment, but they fail to tell them about creating an emergency fund.

This is why most of this new investors always end up ruing thier investment plans. Sometimes we need to blame those investors who always force people to invest in bitcoin, meanwhile they can't even give them the proper knowledge about how bitcoin investment works. so therefore anyone who is being so curious to get people to invest in bitcoin should take his time to teach them about everything, So as to enable us know where the fault is coming from.

If you don't complete understand it, how do you know it's the best coin? If you don't have enough knowledge about bitcoin, how can you have enough faith and believe that it will always increase in the long term even when it drops? Trust is created through understanding, knowledge, the more we know the greater our trust will be.
Any investment has risks, high returns high risks, low returns low risks. Bitcoin is safer than altcoins but much riskier than traditional investments like gold or real estate.
Giving investment advice to others is not bad but it is not a wise idea either because profits are directly proportional to knowledge. Meaning their profits will be measured and determined based on their knowledge of bitcoin, you should not be subjective that investing in bitcoin will not cause big losses. Investing in bitcoin is much riskier than we think.

People are different and never the same. Some people simply did quick research on Bitcoin, knew very basics of Bitcoin, and began their investment but they had strong hands, hold tightly and they got very big profit after years. Some other people spent more time for research, thought carefully back and forth, hesitated a long time, then decided to invest, but they had weak hands and are not disciplined so they perhaps ended their investment with panic sales or turned to trading and lost money.

Knowledge is key but there are other factors that decide result of investment.

Not always true. With altcoins, there are considerable higher risk, but no higher return. With altcoins, higher risks, higher chances of losing all your money.

How many cryptocurrencies failed? (https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed)

Obviously Bitcoin is not for everyone, you can't be struggling financially and invest in Bitcoin, Bitcoin investment is not for those that are not mentally stable, it takes a lot of courage and strength to be a Bitcoin investor. Knowledge is power, new investors think that they would be fine with just knowing the basic knowledge of it. New investors fail to do a proper research on Bitcoin before investing and I won't blame them too much though because even on TV they fall to take about the risks involved or its volatility nature, Bitcoin's influencers only share the testimony of massive profit but fall to talk about the losses involved in it without the right strategy.

Taking the risk is always a choice, and that is because we believe that bitcoin could give us great returns.

I could just imagine when the price of bitcoin is below $1000; people think that it only sunk and vanished in the market. Fortunately, the journey continues, and it shows us how bitcoin changes the negative views that people see before into more optimism.

I hope those who ignore bitcoin will open their eyes and see the truth that bitcoin is not useless but a valuable asset. If we were afraid before, it's time for us to trust, as it never fails.

Bitcoin is not for everybody and I think it is not everyone that will understand bitcoin the same time, it might take some people longtime for them to understand bitcoin and decide to invest in it. But whenever one decides to invest in bitcoin it is important for the person to first get good understanding about the volatility of the market and to also know bitcoin is more profitable when it is a long-term investment,  when one is think of investing and to get profit quick one may be dissapointed about what will be gained in the investment because the market can't be predicted to get profit quick.

As AmoreJaz said, no one can be confident and guarantee that this market will be immortal. Although bitcoin has become much safer than it was years ago, it is still considered a volatile and risky market, and still cannot be compared to gold or real estate in terms of safety. So, depending on each person's taste, there will be suitable choices, we do not need to force, criticize or even discriminate against them just because they do not choose bitcoin.
People should only invest in bitcoin when they have basic knowledge and are willing to take risks, don't invest just because of FoMo.

I agree with what you said, we shouldn't invest in what we don't know anything about, DYOR and know whether it'll be profitable or not. In Bitcoin investment you can know about it but the knowledge is not enough for you to invest in it, you need to have a steady source of income. People who are struggling to make ends meet, the unemployed should forgo the thoughts of holding Bitcoin, they should try and increase their income before accumulating it. You need to hold Bitcoin for a long term before you can get ROI, except you buy during bull run, the longer you hodl the more profit it accrues to you on the long term.

You don't need to understand everything about Bitcoin before you can have enough belief in Bitcoin for starting your investment. 
You don't need to have to big capital to start.
You don't need to have top solid source of income to invest.

It is better if you have these things that support your investment but if you don't have them, you can still invest, it is just harder and more challenging for you to handle your finance, spending for survival and investment at the same time.

Holding bitcoin for few years is key to have good ROI especially holding from two market cycles and longer.

it is for anyone who is interested in it
people who may not be that good with technology and does not have basic concepts of the economy are the ones who might have extra hardship trying to learn about bitcoin but it should not mean they should just immediately give up

they would just need to exert more time and effort into learning about bitcoin but i am sure that anyone can do it if they want it enough

Whatever seems profitable to people, it is hard for people to stay away from it completely Inasmuch they lack a basic understanding of it.

It is known that those who have the habits you mentioned can't succeed in Bitcoin investment, still, yet you will see some people investing in Bitcoin because of the mindset they already have about Bitcoin investment to be a get-rich scheme. People's mindsets have to change from that(Bitcoin is a get-rich scheme). The moment that is done, I believe many investors in the crypto space will be applying the right approach to Bitcoin investment.

For those who are not ready to take risks in investing, it can be risky to proceed with investment. Invest only the amount of money you are ready to risk in investment. Before investing in a volatile market like cryptocurrency, you must be mentally prepared that you can lose all your money. It is better to have your own emergency financial fund ready before investing. Whether the investment is short-term or long-term, it is better to proceed with investment after taking the ability to take risks, raising additional money, market conditions, proper research and education.

Risk will always exist in any form including in investment so we do not need to close ourselves to it because indeed when we want to invest especially in bitcoin then inevitably we also have to accept risk as a form of what we do. So it will not be able to be in bitcoin without wanting to accept risk. That's a pretty naive and overconfident thought.

It's just that it can't be denied that until now there are still many people who really want to be in bitcoin but don't want to accept risks because of the considerable expectations and assume that bitcoin is one of the tools to enrich instantly even though it can also be said to be true when bitcoin can be one of the tools to support the financial freedom we want but nothing is instant in this case.
Many beginners are sometimes wrong in interpreting bitcoin and investing here just because of the initial understanding that seems naive which in the end destroys their own beliefs.

Of course, risk is a part that they must know and also learn in order to anticipate or know how to overcome it and this applies to all forms of investment including Bitcoin. And what happens to beginners because of high expectations because they want quick profits on Bitcoin often happens without studying and understanding the risks that exist and when they get a loss they will assume Bitcoin is a scam even though it is actually their own fault. But in my opinion, something like that will always exist and always happen considering that Bitcoin can help in terms of finance and can even make them rich which motivates them but in the wrong way, and let it happen because it will always happen which in the end they realize and repeat it well because it has become a process of adopting Bitcoin that must go through or experience mistakes and losses and if they are smart they will fix it.

Although the advice you said is quite logical for everyone to understand, but in this case you seem to scare people who want to invest in something good like Bitcoin. I think you don't need to explain it excessively on the pretext of high risk in investment because everyone who wants to become an investor in Bitcoin and others will always prepare themselves, both mentally and in terms of capital that may be specifically intended for doing so. So you don't need to give the impression that this investment is something complicated and something to be feared by those who want to do it, even though there are many people who have been successful with investing in Bitcoin, but you imagine it like trading which can result in losses and even the loss of invested money.

I really highlight these two things because that's the reality, don't let us invest in bitcoin because of FOMO on the internet or FOMO from friends.

For those who do not have a stable income, whose lives are still full of obstacles, then don't try to invest in Bitcoin, it's better for you to focus first on building your finances to be more stable so that you can use effective methods to buy Bitcoin properly.

After stable finances, good knowledge about Bitcoin is also very important, so that you can take good care of your Bitcoin without fear of being cheated or exposed to FUD.

I believe I fall into the latter category of people who shouldn't invest in Bitcoin. I live on a monthly salary and don't have any other diversified sources of income, so every time I accumulate Bitcoin, I end up having to sell it (sometimes at a loss) because I need the money.

However, I won't stop accumulating Bitcoin whenever I have the opportunity and whenever I get some additional income, because I don't want my wallet to be empty of Bitcoin and I believe in the future of Bitcoin.

These ones are the uniformed. If they can't invest what they can afford to lose, then they can't even afford to hold. The market volatility in the Bitcoin will.give a heart attack they couldn't imagine.

I think these ones are looking to others who took profit and they think that if they invest a little in few months it will 4x and they'll take profits too. What they don't know is missing is that taking profit may take years before you can comfortably take profit.

from what you just said I believe you are living in paycheck to paycheck, and I see you really believe in the future of bitcoin, but my advice to you is to focus on building your finance first look for ways to get other sources of Income I know it won't be easy for you but try, because accumulating bitcoin and selling in looses without making profits won't really help you in any way, take your time and build your finance bitcoin is going no were it have come to stay, you still have all the time to invest in bitcoin okay so take your time and work on finance, holding bitcoin for a long period of time is not a day job, you need other funds not just funds to accumulate bitcoin but other funds like emergency fund and back up fund in case of emergencies that may arise along the line.

Everyone has experienced problems at the beginning of investing but over time the ability to control risk will be much better. Bitcoin is indeed quite risky to invest in for people who do not have the knowledge but that does not mean people cannot learn to control the risk. As long as people realize that the risk of investment is high, then by learning to understand investment properly will give people the knowledge to run it.

All it takes is learning to understand the risk and they can invest the right way. Emotions will form when someone understands the investment journey they are going through and the fear of failure is the type of person who finds it difficult to develop and will never succeed anywhere.

Just to cut it short people who doesn't know what they are investing in.
If they know Bitcoin then they should know that it isn't for a short term investment unless they are entering when the Bitcoin cycle is about to set a new ATH record which is every 4th year, before halving.

Risk is not only limited to Bitcoin but to other investments also like Forex, Stocks etc. We as an investor are not in a position to completely eliminate risk in any investment but what we can do is reduce the impact of risk by adopting strategies that are aimed at mitigating the negative outcomes.
If we look at how Bitcoin has evolved over a period of time then it's quite clear that Bitcoin price has always gone up with period of time. If someone is investing in Bitcoin for shorter duration then he has the risk of losing significant amount of his investment. He has the option to reduce this risk by adopting the strategy of long term investment.   

And people who are looking for an investment to turn their $10 into $10,000 in a few months, those looking for magical money, and those looking for something that only goes up and don't react negatively – people who fall under those categories are not ready to invest their money in anything, especially in a volatile asset like bitcoin; they should just stay out of it.

I think people who don't believe in Bitcoin are people who are forbidden to invest in Bitcoin. Because so far they will not believe and have no ability, mentally survive. I think they will tend to give up easily and always think negatively towards Bitcoin. So they are less likely to analyze so that the chance of loss is much greater.

You are correct that risk is not just limited to Bitcoin but it is also part of other investments like Forex and Stocks. As investors we can not make risk disappear completely but we can reduce its effects by using strategies that minimize possible losses. Bitcoin past performance shows that its price has gone up consistently over time. So investors who choose to invest for long time can reduce their risk of losing a lot of money. On the other hand investing in Bitcoin for short time is riskier and can lead to big losses. With investing for long term people can reduce this risk and possibly get more stable returns.

If we think again about the concept in this world, there is indeed no guarantee that bitcoin will continue to provide benefits in the future, let alone us thinking like that, that we ourselves have no guarantee that tomorrow we will still be alive in this world, the future is a mystery in this world, no one will know and we only have plans to do what tomorrow without us knowing whether tomorrow still exists or not for us, so too with bitcoin, people who bought bitcoin in 2014 would definitely not believe that bitcoin would be this crazy, let alone people who find bitcoin with a pan of pizza, maybe they will really regret doing it even though their mouths say no.

No one can ever predict any future with any guarantee be it few years or few minutes. We can predict the future only by looking at past history. Bitcoin has had a very good past history and it is still quite good till date. So based on these, the future of Bitcoin can be expected to be much better.  Where you keep money No place is safe to keep money. If you keep money in the bank, that money is a currency memory, if you invest money in business, there is a possibility of loss, just like if you invest in Bitcoin, there will be a possibility of loss.  But its history always encourages us to invest in it. Only some risks can be reduced by using the DCA method. But no one can predict the future with a guarantee.

Normally, Bitcoin investing is not a do or die thing, nor does it mean that everyone must own a Bitcoin. Though everyone can hold Bitcoin if they have the money to invest, some individuals can't afford to make investments in Bitcoin but refuse to stay away from it and will go to any length to make them feel like they are among those who are investing. For people who do not have the patience to hold for at least a year, it is not a good idea because they might end up at a loss.

Bitcoin investment is not an easy way to get rich that we should expect to give us a short-term profit, as some believe that Bitcoin is one of those investments that you can get into and change your entire life, but Bitcoin investment needs patience and consistency to achieve the targets we set.

However, we must have other sources of income to stop losing money when we are forced to sell our holdings due to an emergency. That is why it is advised that before going to invest in Bitcoin, we should have an additional source of income to meet our other needs.

If you spend your whole life listening to what other people say and doing what they think you should do...  You'll end up an overeducated liberal with no money and a meaningless job stacking tons of debt living in a communist country and stuck in a loveless marriage raising transgender kids until you fill yourself with so many prescription pills that your life is just a blur of forgotten memories.

In other words.  Do what you think is right.  You are the one that has to live with the consequences...

If we take it the literal way yes because what about those who are still an infant? Or the opposite? The very old people? There are still governments that can ban it despite it being just a currency that is decentralized. Not all are the same, I mean some can learn quicky, so they can as well invest quickly on it.

BTC can be profitable in both short and long-term. It can as well be unprofitable no matter what terms are that but as long as we don't have adequate knowledge about it. Market can't be predicted in both short and long terms and not all can get a disappointment even if they are only in for the short-term. Some are mature enough to understand the possibility already.

I agree with you; those who do not believe in bitcoin are supposed not to have any business with bitcoin. They should focus on other things, and nobody should even try to advise them to invest in bitcoin because those kinds of people will always shift blame to the other person if they get any little chance, like if the price drops below where they bought it and the rest of them. Not everyone belongs to the bitcoin investment world.

Will you believe that some people who do not believe in Bitcoin has never involved in any Bitcoin investment, some of them hate bitcoin and investors because of all the bad things they have heard others talk against Bitcoin but they have never had any experience but if you advise them and show them the reason to believe you I believe they will forget the bad things they have been told and start investing in Bitcoin. But if you meet people who has already made of their minds towards not having anything to do with Bitcoin there is no need to advise them to invest in Bitcoin because by the end of the day when they do not achieve what they want they will start blaming you for making them to invest in Bitcoin.

Yes, yes, yes, Bitcoin’s not for everyone. But framing it as a game only meant for “the worthy” builds another illusion: that access to sovereignty is exclusive. It’s not. That mindset already mimics the old financial system (gatekeeping through jargon, fear, and superiority). Bitcoin wasn’t born for elitism. It was born as a tool for neutral, mechanical, open. If someone’s living paycheck-to-paycheck, that doesn’t automatically disqualify them from understanding value. In fact, they understand scarcity more viscerally than any hedge fund ever will.

What should be said is this: don’t throw your rent into a volatile asset and expect it to save you next month. But also don’t assume every small investor is clueless. Plenty of people start small, study hard, and build slow. The issue is emotional discipline, not income bracket.

And let’s not pretend “short-term” is some curse word. Some people need short-term goals to stay alive, mentally and financially. What matters is the framework, the why, the when, the what-if. People don’t just need to stay away. They need to understand their relationship with time, fear, and agency. Bitcoin forces that reckoning. It’s not about “avoiding pain”. It’s about understanding what kind of pain is worth choosing.

I will love to highlight something, most times when threads like this are created I seem to wonder if truly the people who are meant to read this thread are in this forum because this is a bitcoin community of course the intentions would basically shift to wanting to hold more bitcoin rather than avoiding it so those who are the targets of the thread I'm my opinion are not in this forum or are rare.

However of course bitcoin investment is not for everyone but it's for anyone, as long as you have the capacity to acquire a piece of it. however short term is not always the best but having to hold reduce the risk of volatility which is the enemy of short term.

Bitcoin is first considered a currency (cryptocurrency), before any other thing you will refer it to.

Children within the said age bracket are not upto making investments with high risk as bitcoin. So, if they should learn, it should only be for knowledge and investment aspect of it shouldn't be taught them.

Talk about volatility because every investor or a business person knows that losses are liable to come.

Bitcoin gives long term profits as well as short term profits.

Whenever anyone sells their bitcoin, I don't have any problems with it.

Do not invest in what you do not understand.

If you want to get a much better life then taking a little risk to fight for much better finances is a decision worth considering.
But before that decision is made, people must first understand how the process of running an investment properly so as not to make mistakes.
Knowledge is a foundation for someone to make a plan and it must be accompanied by skills to create opportunities.

There is no need to rush because starting with simplicity will make us much more understand the investment pattern correctly, so that more time to learn to achieve the stage of financial freedom is better.

How can you invest money on what you don't have knowledge on how to earn profit, such people should not involve in BTC investment because they will not be happy with what they will see in return. Moreover, everybody will not be in the same investment in the family because there are some investment you will invest and wait for 2 years before you will begin to earn what will boost your wealth without investing in BTC.

Those that belong to BTC world will know that long time hodling is more profitable than short time hodling, which they will prefer to chose long time hodling to earn good profit from BTC investment.

Bitcoin is not for everyone.

1. If you never like the idea behind Bitcoin's existence and usefulness you shouldn't be investing in Bitcoin, it fits more in the hands of those who understand the technology.

2. Bitcoin investment is not for those who are still struggling to have a stable income, if you can't even feed yourself everyday I think you should avoid Bitcoin because you won't be able to hold for long because you have to survive.

If you don't have the patience of investment, I think you are better off learning how to trade or doing other things, even with trading patience is a must or you will keep burning your money.

Of course, it is impossible to run an investment without understanding well about an investment that is being run, it is important when we are going to run an investment to know how to get profit from the investment that we are going to run and in the family of course have different thoughts in investing the assets they have and this is certainly according to their respective expertise.

If you choose to maintain assets in the long term, of course this will be very good, but you must be consistent in accumulating these assets and when the time comes, of course you will be able to obtain satisfactory profits after maintaining your assets in the long term.

On the contrary i think Bitcoin is for everyone, no one is restricted from not investing in bitcoin inasmuch as they have the discretionary income to invest with. The only due diligence anyone can do before investing in bitcoin is to understand market volatility and also to know how to safeguard their seed phrases and how to apply other security protective measures.

Buying bitcoin during bull run is not bad as it seems but what is important is how to be able to HODL for a long time as that is the only way you can get enough profits from your investment, the only strategy will be buying more during DIPs and buy lesser when the price is high. Anyone investing in bitcoin should know about ''not your key, not your coin'' which means that they should keep their private keys and seed phrases safe to avoid being compromised by someone else and should also understand that if they lost their security information, the coins will be gone forever.

I think a lot of people fail to understand this part you just discussed now. They often think that since others are investing in Bitcoin, it's also very normal for them to follow suit without considering how it'll end up for them. Bitcoin investment isn't for everyone especially people who aren't financially buoyant enough to invest and still have extra assets to take care of their needs.

Again, people also needs to know that Bitcoin isn't a get-rich-quick kinda investment. You'll need patience and apply it for you to actually get the best out of your investment.

People who would be swayed easily by social media or emotion should also stay away from it.
People who got interested cause of a successful stories and thinks that it is way to easy to get rich in crypto.

#1. If you are really that too emotional or someone whose really that easily be influenced on what you do saw online, then this will really be that a huge problem because you cant be able to make yourself that make decision on your own or independently because you are just basically that trying out to copy on what you do saw.

#2. Getting fomo is common but on the moment that your actions turned out to be that gambling like kind of behavior then you arent that doing investment anymore. Also, there's no way on easy get rich with crypto investment because there would be factors that will really be affecting out overall outcome.

Why would be staying up away on Bitcoin investment? If you dont like moving prices then simply just that skip and find for something else. If you do have some spare money to throw on buying up some coins then it will be that a considerable act on doing so on buying on dust amounts.

Yes you are correct if as a person you don't like Bitcoin don't bother investing in it because if you invest in it you won't be able to accumulate consistently or even be patient with it so it will be better you don't invest in it, there are some set of people they don't like Bitcoin but if they see a close friend or family member get huge amount of profit from Bitcoin investment they will also want to start so they can just make same money forgetting they need to be patient and consistent with it, Bitcoin investment is one of the best investment right now in the world and should be taken seriously but if you don't like it stay away because is not for you.

Yes you are right here also those who don't have a stable source of income and are struggling to settle there basic needs should not bother going into Bitcoin because is impossible for them to succeed in it, when it comes to bitcoin investment you need money so you can buy Bitcoin and hold it for long term so if you don't have money for that how can you invest in it.

And again just like you said if you don't have patience and you are not consistent then Bitcoin investment is not for you also.

In general, if one cannot meet the requirements in bitcoin investment or trading, then he should stay away from bitcoin. However, that doesn’t mean that he shouldn’t think of studying and learning bitcoin anymore, he must study first before he will decide to take risk and invest.

Bitcoin investment is quite risky, yet it can be learned throughout the process. Know bitcoin investment well first, so you can get rid of financial, physical and emotional losses.

And that is all just a hope of the data that we analyze and produce a speculation based on the technical knowledge that we have so the hope of the possibilities that will occur can be seen.

There is no guarantee that I will continue to win, but I myself have the confidence that Bitcoin will get an increase based on adoption that continues to increase each cycle, and yes historical data is data that can be used as a pedestal to see in the future even though there is no guarantee for someone to believe in Bitcoin it depends on each preference, as well as the purchase strategy to minimize the losses that we can

Investing blindly never brings good results to the investor, when you go to invest in a place, you must have sufficient knowledge about that place, at least you should have general knowledge so that you can get an idea of ​​its risks and possibilities. If someone invests without knowing enough about the investment, then he will face unexpected losses, especially in the case of Bitcoin investment. We know that Bitcoin is a long-term investment and to benefit from this investment, long-term holding is definitely required, but if you do not have sufficient knowledge about Bitcoin, then you will fail to hold Bitcoin for the long term. Because due to the volatility of Bitcoin, you will panic and decide to sell naturally, and that will cause you loss. Also, when you invest in a place, you must be aware of the potential risks of that place, if you have the ability to take the potential risk on that subject, then you invest, because taking more risk than you can afford never gives you anything good.

Who could those people be and how do we identify them when we see them. There are thorns of investors with heavy bitcoin portfolio on this platform and they do their best to drop their investment views but because investing in crypto generally is risky forum investors avoid giving out advice it's best we all do our own research.

If the goal is short term can the investor bear the market volatility?. Bitcoin investment can drain emotionally, questions like can the person handle the emotional trauma that comes with this price fluctuations?. It is best anyone who desires to invest in Bitcoin have the goal of a long term yield, with that if within a short term they hit their profit target they can close close and rest, wait for another opportunity to buy again at a more cheaper price.

You contradict yourself immediately in your first sentence.  First off bitcoin is inherently NOT an investment.  Bitcoin was designed to be digital cash.  Of course it's become one, no different than when products are made to sell /trade the US dollar, or the Euro.  Also, bitcoin does not guarantee any sort of return or profit so saying as such is not wise.  If it were such a great hedge, then it wouldn't be volatile.  See what you're doing here?  Gold is the best hedge asset.  Maybe bitcoin is becoming more so one, and it does kind of feel that way.  But it's not there yet.

I see your point mate and i can possibly say that Bitcoin investments is not for everybody.And to think that some people actually thinks Bitcoin investment is just a form of saving money casually,that's a turnoff.Certain attributes to consider as a Bitcoin investor is that one n
emotional intelligence to keep you afloat with market trends,capitalization and volatility.

In the mean time there're so many inexperienced Investors and to some extent,I expect them to be scared to invest in Bitcoin in the first place because of the irregular markets standards and conditions it highlights.Maybe Bitcoin should run a tolerance test on intending and potential investors to access and reaccess risk tolerance goals.

Bitcoin is not for everybody for a fact and that's because not everyone can be able to take the losses and be able to afford investing in Bitcoin but do you also know that there are people who are Bitcoin and experts today that started with very little money? I agree with the Op in the opinion that some people doesn't have the emotional strength to lose their money and still remain confident but the other point that not been able to afford Bitcoin should also be a discouraging factor for an upcoming Bitcoin enthusiast I don't think is valid because with determination, someone can start earning money on crypto without investing a dime and then use the proceeds to invest in Bitcoin.

Yes, it is true that Bitcoin is not for everyone. Just buying Bitcoin and tasting Bitcoin will not do. To achieve success from Bitcoin, you must plan to hold Bitcoin for the long term. If you can plan to hold Bitcoin for the long term by investing in Bitcoin, then that Bitcoin will definitely yield a lot of profit. There are many who have succeeded in holding Bitcoin for the long term and when the price of Bitcoin reaches a good position and reaches the new ATH, some have built houses and some have made luxurious assets. So from everyone's success stories, I have seen that all those who have achieved success from Bitcoin have held it for the long term. Also, Bitcoin is not an investment for those who have very little experience in investing and fail to provide security to their wallets because they can lose their investment at any time.

Maybe it idea was just an alternative currency that people can have access to without any control of the government just like the traditional currency but unfortunately because of it value it is been considered as investment,  it doesn't serve only a purpose of a traditional currency.
I think bitcoin has potential of being a store of value for those who really understand it, it doesn't guarantee profit for those who do not understand it and wants to make profit out of it quick.

Bitcoin will always be the same no matter what and it will be good if we understand it before thinking about investing in it, out 100%, 60% of those who invest in Bitcoin are the ones who understand it, the reason why I said that is because when Bitcoin price is going down many people keep panic about the price going down and some will even sell their coin to avoid loses their money and that is not how it works, Bitcoin is an investment that you have to trust and understand before thinking about investing in it that is why people said it is a risky investment.

Bitcoin is a very profitable investment but we always need to know that when it comes to Bitcoin anything can happen because Bitcoin is an unpredicted investment no one knows what will happen in a minute, currently many people are still doubting holding their Bitcoin because of the way the price is going, that is the nature of Bitcoin and with patience, you will get what you want.

I will not discourage people living paycheck to paycheck to avoid investing in Bitcoin. I know that they are in a tough situation but I wouldn't take their liberty from investing on it. We all deserve to invest in Bitcoin with however amount of money that's available for us.

And so if they have some money that they are saving for it, that's how they're going to invest on it. There is no need to look down on them because everyone can make a difference and we all deserve a chance.

I've started from that type of living condition and that's why we all need to be open for it regardless of the situation they're living with. But they need to be responsible for the situation they are.

I once had to urgently pay a €300 utility bill and fortunately there was this site called bitbill.nl (long since defunct) where I paid about 3 bitcoins to settle the bill. That would have been worth a tidy sum of money today. But necessity demanded it and back then (in 2013) only a few people (such as Max Keiser and Rick Falkvigne) figured the price could once be over $100K.

As long as they have dreams, aspirations for a better life and are willing to take risks, I even encourage them to invest in bitcoin. Because only investment can help them escape from that boring life and bitcoin should be the choice because its potential is superior to other investments.

We should not wait until we are financially stable to think about investing in bitcoin because this is a way to help us stabilize our finances or build wealth. Our lives will never get better if we don't dare to step out of our comfort zone and face challenges.
But in the end, it's all up to them, I won't force or guarantee anything.

Yeah, we can't stop people from dreaming, and with their life conditions, and if they're living that kind of life through paychecks. As long as they know how to manage their money and understand the risk, we're not going to make it hard for them.

We should encourage them to be at their best thought of making their lives better through investing. It is not only about investing in Bitcoin but also the attitude that they will develop through it.

It's a broad discovery for them because that will give them the idea that Bitcoin isn't just about the asset that they're going to be in. But also the other side of the world that's also relative to assets and investing.

Living on paycheck to paycheck then its something that 90% of the population is living up with this kind of condition, as if we do have some options? There's none but it true that such conditions wont be stopping us to make out some actions that could potentially ease out or be able to solve out that tough situation on which via investing or even doing up some business, but since we are talking about Bitcoin or crypto investment then everything will be basing up on how much you have invested into. It will be that a wrong mentality if you mind off about being rich with some mere investment. Im not discouraging about not on getting rich but we are just that talking about the realistic things rather than on making yourself that being hopeful. The key on here is that you do made out some investment with Bitcoin even into that gradual aspect but at least you do made out some good initial step about investment.

3 Bitcoin for a utility bill? That would have been around $240k in the present. You are basically a tiny version of the pizza guy who paid 10,000 bitcoins for two pizzas.  ;D

Anyway, as you said, in the past, people didn't expect Bitcoin to reach this far. I mean, how could one imagine a newly created digital currency will someday have a price above $100k? It was an unimaginable thing back then because there was a lot of negativity against Bitcoin at that time. Mainstream media was doing its best to show it in a bad light, but despite all that, Bitcoin survived and kept growing over time, and look where it has reached.

Some day in the distant future, some people might be having a similar discussion again, talking about times when Bitcoin was only $79k and people were throwing away their coins because they were crazy.  :P

I agree with what you have said but I believe they can learn though because there isn't anything that can't be learnt and Bitcoin isn't something that anybody should be staying away from because of the potential that it holds. Investing in Bitcoin is never going to be a bad mistake but the way we handle our investment is when it can be a bad investment as we don't consider the possibility of the future before making a decision to sell the Bitcoin that we're hodling. This people that you're talking about only need few guidance and they're going to become good Bitcoin hodlers. For people that are bad at hodling, they don't have to invest more than the can handle and it'll help reduces the anxiety of hodling during the stormy times. This applies to every other investors too

Investing in BTC is not hard - it's just time consuming, but when the person knows the needed facts and has enough knowledge to not to fear the next day, it all clicks - and becomes a joy to go through.

I understand that there are certain profit chasers who are most interested on short term earning due to their financial needs or even a course of impatient that they can not invest for a long time before they could make profits. But on the aspect of channelling such category of people to trading is totally wrong because you should also consider the probable lost potentials on the trading is extremely high and may become a direction ruin their lives if they don't have stable or good source of income value.
Instead it is better such persons just reside on the angle of what is best accountable for them.
You have already made it clear that adopting bitcoin either for investment or trading should not be a do or die affair.

Yup, Bitcoin is the best coin for investment sometimes but its prices change wildly within a short period. In my opinion, if we observe today's market Bitcoin is going into loss because its value is decreasing day by day in market. Bitcoin value changes every day which can lead to significant losses for investors who can't bear any risks or any losses. Like other investments bitcoin is not backed by any government or physical assets. Its values are driven by speculation which makes it highly unpredictable. Another issue we can face about bitcoin investment is hacking and cyberattacks. It's right that Bitcoin transactions are secured on the blockchain but wallets are still targeted by hackers which can lead to big losses. In a few countries bitcoin is being used for transactions as payment method. There are rumors about the government policies that can negatively impact Bitcoin's value. For these reasons many experts advise staying away from bitcoin investments.

Most people are like that, very few people go down the long term route because people need money from their uncontrolled spending habits and they think bitcoin can make them rich in a short period of time.

However those who have been with bitcoin for years now realize the long term potential in its use and profitability as an investment. No altcoin can compete with what bitcoin has achieved and those who dont understand this are only fooling themselves.

Whether to get into bitcoin or not is a tough question - this depends on your country's legal take on bitcoin, how much time you can give to this investment and your own values about bitcoin.

I think that everyone has debts to whomever we're indebted to. And we shouldn't be saying that they shouldn't invest in Bitcoin because if they're responsible and don't default on their loans, and there is still some spare that they can invest then they're good to go. The rich probably don't have debts at all or they do like what the reports from the news tell that they've got millions in debt. But look at them, they're also investors or enthusiastic about having Bitcoin and this is why we can't remove the privilege of them for investing in Bitcoin.

It's not that hard to understand what would bring you more results with BTC -  but many still ignore the options presented to them, or want to believe only in the short-term ultra gains.

Which is, as you said, not true for BTC.

agreed, bitcoin isnt for short term investors its too volitile great post

Although you made a valid point, but some people may not be encouraged to invest by the way you presented it.  There are two ways to invest in Bitcoin, long-term and short-term. This is because not everyone has the patience to wait and hold Bitcoin for a long time, and since Bitcoin is designed to be used by everyone, that's why they made it investment optional for users. Both options long-term and short-term are profitable, but the long-term investments are more profitable than the short-term investment. If you decide to stick with short-term investments, there is nothing wrong with that.

Usually short-term with BTC ends up bad for people that cannot see hodl as a viable option - however, sure, one may try to get something out of BTC in a short-term, however, it's not a stable option, imo.

You're right that bitcoin investing isn't for just anyone. It's not only about thinking it's cool, you gotta stay on track, know it can be risky and not get too emotional. a bunch of people think it's as simple as giving up in a little box but that can make them expect way too much. i totally get why new investors feel swamped, the market can be so up and down! Maybe having a simple quiz to check if they're okay with risk or some basic learning stuff first could help them avoid freaking out and losing money.

To invest properly in BTC is to understand why it doesn't matter in the long run if we see a bit of red on the charts - the values that BTC upholds would propel it beyond what see now, adoption and price wise.

IMO, Bitcoin investment is for everyone especially if they would just learn how to use Bitcoin in good way and aim for long term investment. Whatactivity is not for everyone is trading since not all people can able to do this since market is volatile and people don't have good level of patience to deal with this.

That's why lots of people became a loser on trading since their expectation is so high and when they execute their trades those what they think sometimes didn't happen. That's why its better not to go on this option especially if they didn't have enough knowledge on how to trade their bought Bitcoins.

When we see that red especially big red on the chart, that will be the best time to buy. The Bitcoin price will be back to the high price and give us the profit. So that's why the investor willing to buy more and more to have many Bitcoins. Those new investor really need to learn more if they don't want to panic seeing the market moves into red.

We may never know where the bottom is, but we surely know where the dip and the correction is taking place.

And as you said - it would be good points of entering, but there would be no ideal points due to what I described above.

Basically the investment in Bitcoin is not bad, if you understand the basics of risk and money that you invest in bitcoin, everything will be easy if you understand it and everything will be difficult if you don't understand it.

The investment can be done little by little the destination in the long run, wrong if you invest in bitcoin using bank loan money or other loans and are wrong if you use your property selling money.

Easy for you if you want to invest in Bitcoin for the long term, for example: You have a revenue of $ 500/month you can invest $100 in Bitcoin per month for 4 years x 48 = $4,800 you have in bitcoin, that's the price of bitcoin $90k You have 0.05333BTC, in the fifth year if BTC costs $250k, of course you already have 0.05333BTCX $13 332. This means that you profit your investment $8,532. without realizing you succeed in Bitcoin as an investment user.

Yeah if the calculations are right, this is still profitable. Imagine that the narrative of bitcoin being a digital gold still continues in the long run, 200k or 250k is possible. If you've bought a good price especially in dips like 50-80k dip, that's more profitable. People thought you need to full invest in bitcoin which is not, you can diversify your assets like doing it gold or some stocks, it's still profitable. You just need to treat like a long run investment, not a quicky full amount investment, small investments but long term is still a good way to have gains.

Investment with Bitcoin is for everybody but of course this isnt something that you can just that dive in without having that precaution about on the risks involved into it. The wrong thing about some people is that they've been that expecting up too much on which on the time that you will be making money will definitely be that giving out that kind of impression on which it will be leading up into that kind of unrealistic goals on which it do lead into mistakes and thats why you should be avoiding it out no matter what. Its important that you do really know on what you are dealing with and on what you should gonna do so that at the time that you've been hovering yourself into this market then you do already have the idea on how to deal up with it. Why would be staying away if you do know that there's chances that you can make profits? Somehow these kind of investment is into those people who are risks takers and if you are that someone cant be able to handle volatility then its better to turn your back on.

Trading is indeed not for everybody on which these are for those who are that wanting to have that short term approach and wanting to have profits in a short duration on which you do need up that specific skills and ability to play up with market volatility on which we know that not all will be capable on doing so. This is why you do have that kind of option that you can simply just that hold and wait up for the price to climb up. Usually most people do find this option or stick into this one because market volatility isnt something that you can be able to hold on a short time period.

I don’t know why people do make it look like it’s only long term investors that do make profit from bitcoin investment, seriously that’s wrong, even short term investors are making profit from bitcoin investment, just that the risk involved in short term investment is really high, the chances of losing money is just kind of high, and they might not really be making much profit compare with people holding bitcoin for long term, but we shouldn’t just make people feel like if they are investing for short term, then they won’t really be making money from bitcoin investment, if they get things right, then they will be making money.

It's due to the belief Bitcoin profit can be made on short term that many investors end losing money, as they didn't prepare themselves to hold their coins for a long time, so they sell their coins at loss, because they can't wait anymore in order to pay a debt, daily expense or for an emergency. It's possible to make short term profit from BTC investment, but in every cases, the investor has to be prepared for the scenario where it's not possible, forcing him to hold for longer. It's a safety measure which shouldn't be neglected by investors, as it can save them from losing funds.

People are greedy in nature, so when they witnessed how profitable bitcoin is, they rushed into a decision where they will come to regret in the end. So it’s not surprising to see a lot of investors rush to buy and sell, and end up at loss. They invested into bitcoin blindly, without knowing first when is the best entry and exit in order to maximize the possible outcome. As a result, they all suffer from losses, while others have cursed bitcoin and call it as a Ponzi scheme.

Impatient people should stay away from bitcoin, bitcoin is not a quick money scheme it requires days, weeks and years of constant learning. It’s not magic when you see people celebrating their success on bitcoin it’s years of constant working.

It is a hardship of knowledge and patience alike.

So I agree with you - to see results, one should be ready to be tested with what he knows about BTC and why they shouldn't panic sell.

Bitcoin investment is a very good investment and very profitable and a lot of people are now going into it, you are right when you said Bitcoin investment is not a do or die affair it is meant for those who are ready and prepared to invest in it.

Yes there are a lot of people who really wants to invest in Bitcoin but they don't have what it takes to invest in it and that is why you see a lot of people who got out of Bitcoin investment very fast, it is very important that when ever we want to start any New investment we should try our best in knowing everything about it and get the things we need to maintain it before starting.

You have done very well in listing out those who should not bother investing in Bitcoin so as to avoid having issues however I don't agree when you said those seeking for short term profits should just stay way from bitcoin investment, we have long term Bitcoin investors and short term Bitcoin investors which is traders you can't say traders should avoid investing in Bitcoin there are some of them that are making money from it yes it is true that Bitcoin trading is very risky but any one that is ready to take the risk and invest in Bitcoin is not a bad thing as long as they are gaining more than they are losing.

OP, no matter what you say, Bitcoin is not for everyone, and not everyone can profit from investing in Bitcoin. Those who invest in Bitcoin will hold it in such a way that they do not lose control even in the worst situations and can hold it for the long term. Only then are these investors eligible to invest in Bitcoin. Moreover, those who will lose patience after investing in Bitcoin should actually refrain from investing in Bitcoin.

There are many who invest in Bitcoin without having the proper knowledge of Bitcoin investment and they must make the right decisions and know the risks before investing. All these inexperienced investors invest and instill fear in all investors by making losses. But it should be understood that experienced and skilled investors never do anything to spread anxiety, frustration, fear, or panic about investments. They simply remain firmly committed to their investments.

Knowledge comes first, always. Especially in the matters that affect the funds you've got going into the work.

No, we don't but we don't have to confuse because as long as we can buy at a low, that will be a good place to buy.

We must always analyze before decide so we know the best time to buy. If the price drops, people panic and they can't think if that is a good time to buy so they should analyze to find their position to buy.

But the problem is that seeing rapid growth during the next bull run, newbies begin to believe that this will continue forever and get burned on this. Newbies want to make a profit here and now, and the growth charts of bitcoin they see will only confirm their erroneous beliefs and expectations about easy money. Blinded by this, newbies will be deaf to your recommendations.

This category of people should avoid investments in general, because without excess financial resources, there is no point in investing, because it jeopardizes the current budget. Investments (in bitcoin) are the case when the user has reached such a level of income, when the budget covers all current expenses and there is a surplus (minus money set aside for compelling force), which should be saved in the long term (from inflation).

Would you be able to say this 10 years earlier when bitcoin is in early stage. Nothing in this world is sustainable for the long term. Investing in bitcoin is profitable also it brings risk , The market is so much volatile but also very profitable.
Newbies don't know about crypto market. A lot of users come to bitcoin investment after exploring the stock market. The first thing they do is comparing it with stock market and goes into depression. I highly agree with you, but if someone is not invested here, how do they learn about the market? I remember the last cycle when people were not investing in Bitcoin and got were depressing when it pumped to sky rocket.
Day traders are booking their profits, Its essential fix your goal , you wanna become an investor or a trader on crypto market. An investor wont care about the market while a day trader or short term trader will seek the opportunity to make his way to the surface.

It's also mandatory too to teach these people that Bitcoin working principle doesn't suit that way, nothing on earth planet works quickly even the creation of God takes time too to manifestation. It's advisable to sensibly let these investors understand the basic skills required, the patiency attitude it takes, the behavioral habit and pattern to learn, break before reaching that height of greatness.

Nothing just come out of thin air and everything that works that way bypasses the law of the natural creation and such thing doesn't last but creates chaos and disorderliness among creature of God. Bitcoin creation by Satoshi obeys the natural phenomenon of creation which works on little by little increase in price and adoption.

Which investment has no risk? All types of investments in the world have risks and if you cannot take risks, then it is not an investment for you. Bitcoin can be an investment with great potential if you can hold it for the long term. You need to be patient not only in Bitcoin but in all types of investments. If you invest in real estate assets, then in that case too you have to wait a long time and complete many processes to get profit from it. Why should you be afraid of investing in Bitcoin for the long term, where Bitcoin is completely under your control and you can sell it immediately at any time because there is always billions of dollars of liquidity for Bitcoin. In fact, we think about Bitcoin investment differently because of our psychological problems.

This kinda reminds me of people over social media who complained that they are losing from investing in bitcoina despite bitcoin doing 6x easily when it hits ATH. guess what, they just keep buying high and selling low due to them unused to the fear of slight dump and that they thought investing in bitcoin will only take 1-2 months at most and they'd become rich after that. They were really wrong.

This is a good example why short term investing for impatient people won't work, they will always at loss because investing in bitcoin requires patience.

Most of holders so far already in profit, the people who hold bitcoin from prior 2020 are already becoming millionaires.

Bitcoin investment and journey is not ment for everyone, since the technicalities around Bitcoin can't easily be understood by many people so for that Bitcoin is a reserved assets, what we can say about people who jump into Bitcoin investment without checking wether it fits them or not are those that have been missed informed, about Bitcoin and they take Bitcoin to to mean a way to make money quickly, without even checking and understanding the risks that comes with Bitcoin investment.

I encourage those people that OP mentioned to stay away from Bitcoin to do the opposite thing and that's to invest on it. This is an open and free market and we shouldn't push anyone away because it's an open opportunity for everyone who's able to take risk and want to take it for themselves. We cannot judge the others just for being like you've mentioned but of course, it comes with risk that we can tolerate but if they cannot then I'd agree that they should stop and try some other time until they're able to understand if this is the kind of asset for them that can change their lifetime or not.

For those people who think that Bitcoin is not a good plan to invest in and special this picture is for them.

https://i.ibb.co/Mk3qB0zG/Screenshot-20250502-230102.png

This kind of statement mostly use those people who have no knowledge about bitcoin. Some just see others losses on social media and think that invest in cryto bitcoin is scam and it only leads to losses etc. No doubt that bitcoin is one of great investment for those people who have full knowledge about crypto bitcoin when people seeing red candles they would be panic in result they face losses. This field needs a lot of patience and to make profit you must know how to read market, when to enter and when to exit. Once we understand all main points about cryptocurrency then we will be earned from it.

Of course, we must accept the potential losses before we invest in Bitcoin. We must also understand the nature of crypto market and knows the volatility of the price. This is fundamental things, all investors should realize them. It is strange if there are people who invest in Bitcoin but they don't accept the potential losses and they aren't familiar with crypto market.

For the optimum profits, investing in Bitcoin should be long term. At least, we hold Bitcoin for 3-4 years. However, I don't see a problem if there are people who want to invest in Bitcoin for a short term. They can hold for few weeks or few months, depending on how their targets on taking profits. Bullrun season is good time to apply "short term" plan besides we keep focusing on our long term holding.

Yep. Besides having good mentality as an investor, knowledge is also the key factor in investment. It is a bit similar with trading that knowledge has the biggest role to determine the success. So we must ensure that we have proper knowledge first before we begin our investment in Bitcoin or altcoins. If we still have lack of knowledge, the solution is to focus on learning firstly.

Staying away from Bitcoin is one of the worst decisions someone could make. Of course you won't make as big as a profit compared to if you bought in 2012 but Bitcoin still has room to grow. The people that have no btc will be left behind so they should get in while they still can.

The same mindset of thinking that this is the shortcut will always end up with bad results and when we push the concept too hard, we have to be prepared with all possibilities including our expectations that will never come true.

Many people only assume that bitcoin will always be profitable but do not have the clear thinking that they must face all forms of risk that must be accepted. Although in this case the thought that bitcoin will bring profit is not wrong but it will be very wrong when making this a short way for them to get a big profit because as you said that we need to process to get good things including in bitcoin.
For beginners, maybe this thinking is still understandable because they are still quite new and don't really understand how bitcoin works but sometimes there are those who have been familiar with bitcoin for a long time but they don't realize that what they are doing is actually a mistake and actually makes things worse for themselves. Many blame bitcoin for this but actually they are worse off with the mistake of their own thinking that bitcoin is a short way to make them rich suddenly.

if you start by buying bitcoin now and hold for like 10 years or more you still be in massive profits like those people who bought bitcoin in 2014, because from this statement of yours above I see you are feeling discourage and you are regret why never bought back then in 2014.

It is also important to understand your financial situation. If we are talking about the last money that is really squeezing the family budget, then investing such funds can become a serious problem. Often, quite poor people cannot afford to keep invested capital for a long period of time. Force majeure circumstances occur that force people to turn again to the money that was invested and brought profit. This is an important problem.