Bitcoin Forum

everyone definitely wants to be successful in investing, especially in bitcoin. and of course it is not easy to achieve success in investing, even though it sounds easy to invest in bitcoin, for example as follows:

: buy at a low price sell at a high price.

: must hold strong, and do not sell it when the price drops.

but in reality there are so many people who sell when the price drops, even though they have to take the risk of loss.

I, who don't have much experience in bitcoin, want to ask what is the key to your successful investment in bitcoin?
and I want to ask if you have ever experienced investment losses in bitcoin?

I hope my post is useful for me and all in this forum.

Here are my own success tips while investing in bitcoin

1. Buy the dip and hodl
2. Use a decentralized wallet or get a hardware wallet
3. Adopt the use of DCA (Dollar Cost Averaging) strategy in acquiring your bitcoin
4. Study the chart daily and make a night watch on the candles
5. Make sure you learn everything about bitcoin and be independently satisfied with what you have, know when to sell from when to hold.

As long as you didn't depend on anyone to make your decision, but instead you take time to make discoveries on yourself then bitcoin still put you on a best opportunity plan against the future with your investments.

Get a job, at the very least, or add another source of income. If you don't have extra cash to risk on a highly volatile asset, you can't just buy bitcoin. In addition, exercise discipline in all financial decisions, just as you would in any other area of the market for investments. And more importantly, improve your security and privacy to protect your hard earned money.

That is how you stay in the long run.

The experience of storing assets in Bitcoin and investing that I have experienced may have been experienced by many other Bitcoin users (Inevstor), as you have mentioned:


this contains the right tricks and strategies to achieve maximum profit in investing, but apart from these tricks, of course, we have to check the charts on the market, and a little extra, you have to master as much as possible about investing, especially in Bitcoin, you will get a lot of material when examine about this Bitcoin, then you can make decisions with risks that you already know later.

Bad job done by many people selling it when the market is down and this is a habit that is not recommended, I don't know why they can do it, but this comes back to their own personality and decisions.

Figuring out your ways to hold your bitcoins. If you buy it but can not hold it long enough, you will exit your investment with nothing and maybe with losses.

Bitcoin halvings happen every four years and many things can happen each four years. If you are not able to hold your bitcoins about four years, risk to have loss would be higher.

To hold bitcoins, you must not use all money you have to invest in it. Because when you need money, you will have to sell your bitcoins. Have another source of money, income or savings for emergency can help you holding your bitcoin better.

Holding it better and longer is key for you to have success with your bitcoin investment.

thank you all friends ... who have answered my post, and the explanations from all of you are very great, and easy to understand.

I hope all of our investments get big profits.

In my opinion, perhaps the most important thing is not to look at Bitcoin exclusively as an investment that only brings you profit, but to understand what Bitcoin actually represents. Financial freedom and the possibility to be your own bank, and to make transactions 24 hours a day, 365 days a year with anyone anywhere in the world without having to ask for someone's approval is the real value that Bitcoin has.

There are few people who appreciate Bitcoin for what it is, and most of them are interested in the possibility of providing them with profit, but this is a reality that needs to be accepted. For all those who think like this, there is no simpler method than to buy in a bear market and then start selling when the bull market is at its peak or when they are satisfied with the profit that the current price brings them.

Simply slowly but surely put money in, regardless if price is going down or up. Take note that it's an "investment", there's a chance that you'd be down in terms of paper profits in months to a few years. The goal is to be in the positive after a couple of years.

https://dcabtc.com/

Consistency and strong belief on this coin, since without this you will not get any far because your expectation might not get achieved because learning bitcoin or crypto is a long process.

To many challenges always threaten us so instead of getting discourage about the negative effect of the market brought by dump we must think about in positive like thinking that this is the time to take our opportunity to dive in since we can buy and earn when price of those coins recover.

The key to successful bitcoin investing is being able to hold bitcoin until the price goes up very high then, you can sell it to take your profit.
But you can also sell just as much depending on your needs and save the rest for another higher price.
If the price drops really low, you can buy it with your profit money to increase your bitcoin amount again.
However, it is not easy to hold bitcoins for long and most people will not be able to afford it.

I don't think there's a secret out there, but the most important thing (for me) is to diversify your investments.

Why? Because when you diversify your portfolio, you spread your investments across different asset classes, sectors, and geographic regions. This means that if one investment performs poorly, the impact on your overall portfolio is minimized, because the losses from that one investment are offset by gains in other investments.

And last but not least, always invest money you are willing to lose! In summary, investing always carries some level of risk, and it's important to be prepared for the possibility of losing some or all of your investment, but it doesn't mean to invest all of your money without a plan or research.

The key to success in investing in Bitcoin, in my opinion, is yourself and not relying on other people.
Confidence is a feeling of trust that must be owned by an investor because with confidence, things that happen to the market, for example when prices decrease or there is FUD circulating, an investor will not panic and sell the Bitcoin investment assets that he has.
Using money that is really cold so it's not easy to sell Bitcoin that is invested just because you need the money unless it's really an urgent situation and you have to use the money.
Storing Bitcoin in a wallet that is truly secure so that network hacks on wallets are avoided and there are many more keys to success in investing that I cannot mention in detail.

One major secret above every other secret of my little journey over here is never selling my coin below my bought price and what it means is that no matter the pressure or what the economics says, I wouldn't sell less than the price I bought the Coin.
There are rules and possible techniques one has to follow to be able to be successful in investment  and especially in Bitcoin and one of that is,
~The ability to buy and HODL
~The ability to not sell while HODLing
~The ability to identify the right project for investment.
With this key factors, I think one could have a great journey to success in crypto.

yes,,, I agree, with capital believing in yourself, that is a good step and a very solid foundation that every investor must have. to get to success.

All of these things are just fundamentals of how investors work but to become successful must accompany these things;
- Capital
- patience
- faith/trust
- positive mindset
- goal

It was not impossible to go far even beyond your expectation if you will carry all of these things and be consistent in doing this. Many people have tried but also many had failed because of being irresponsible. An absence of any of those things really has a huge impact on what we expected and could possibly lead to losses.

the key to success in investing in bitcoin is to hold it up to the target price that was made at the start of the investment.
but sometimes in practice when I get 10% profit I've released it, it's true  difficult to commit in terms of holding coins for longer

The key is to stick to Bitcoin no matter what. Bitcoin won't fail us in the end. We only have to remain solid and loyal to what Bitcoin means. We hodl. We keep our Bitcoins where we control the private keys. We never be greedy and risk them in centralized platforms. We stack sats.

It is only when we panic sell, save them in centralized exchanges, and invest them in risky deals that we fail with Bitcoin.

The key success for someone investing on Bitcoin is to buy it at low prices. Now is a good time to buy. Now the part where you are successful is to hodl it and only sell it at the highs of the next bull market.

In investing there are only two possibilities, profit and loss. Success in investing in Bitcoin depends on how you do it. In addition to needing capital, you need to prepare mentally to face the worst that might happen.
You can collect Bitcoin in stages, don't forget to do a Bitcoin price chart analysis when you want to buy. Chart analysis can give you an overview when you want to buy. If you see the chart has broken above the downtrend and the lows are starting to climb higher, it is a sign that the bear market is showing signs of ending. In this condition the market will turn into a bull market which is likely to occur, your mentally will be tested here, whether you want to enter or not.

Buying Bitcoin is very easy but holding it long term is very difficult. Sometimes we can't keep it due to financial constraints even if we want. First of all an investor must have a stable income of his/her own to fund. Bitcoin's current price is now about 74 percent lower than before. I think this is the best time for buying bitcoin. The most important thing is to buy bitcoins at low prices and hold it patiently until the right time. Since investors are aware of the potential of Bitcoin, success is guaranteed by investing in Bitcoin at this time without any hesitation. But here only those who can hold the patience will get success.

The keyword and the most important thing is to be patient and the patient usually pays off if you buy at a good price and are able to hold for the long term until the price rise high. So, in short words, I think the key to success is very much simple and all you need to do is to buy at a lower lever and have a strategy for buying bitcoins and then hold for a good period of time without worrying about the price even if you faced a bearish bitcoin season during holding your bitcoins.

You have already mentioned the best practices to invest in bitcoin which are buy low and sell high and hold strong.
It's just that with time you will develop the patience required to hold strong. As newbies we tend to lose our patience and want quick profits.
But as we keep investing we realize that we need to protect our capital in order to grow our portfolio.
We can only protect our capital by not selling at losses and hence we need to hold strong.

Not still on my definition of success but I think in order to be on that state, one should be patient. This may sound cliché but that's just how this industry works. You have to be patient with the market behavior which is changing from time to time in an unpredictable manner. If you won't be oatient to wait for the 'right time', you'd end up being consumed by those changes financially, and morally as an investor. Profit won't be easily earned. Technical analysis won't be certain as well. Given that this industry will expose you to risks, then start it with yourself by being patient to lessen the risk and increase the chances of gining profit. I quite made a decent amount out of this industry and this was my practice before when losing was more often.

Use it like normal currency/asset. Do not overthink about the bitcoin and we are good to go for it. Peeps are putting too much or expecting a lot from the bitcoin in terms of it's use case and it's prices really. They should stop doing that otherwise they will loose the hope of using bitcoin just because it does not met their expectations. They leave bitcoin too early in the process and do not even profit from the hodling. That is the issue and reverse is the mantra for success if you are using the bitcoin. The only magical word that you can hear about it is, "Hodl". The more you do it the more success you will have from the bitcoin. Keep investing, do not expect millions in returns in 7 days.  :D

The secret to a successful bitcoin investment is having a long-term vision, and being ready for volatility in the short term is crucial because it is quite risky to completely rely on cryptocurrency for survival.

Investment best practices include diversifying your portfolio and never risking more money than you can afford to lose.


This is very important. Get a job while you wait for the value of your bitcoin investment to soar. You cannot simply cling to your bitcoin investment in the absence of employment. Being unemployed may cause you to sell your bitcoin for less than you should when you shouldn't. That has happened to me once.

I want to pick up on two points my colleague posted

PATIENCE - This is key, to be able to understand that Bitcoin is not a "get rich quick scheme"

POSITIVE MINDSET - With a little knowledge and to understand the essentials of Bitcoin
it is easy to become positive, it's important to maintain a positive mindset.

IMO some of the essentials of Bitcoin are:

- Understanding the concept, what it was designed to do
- How it works, the role of mining, nodes and the security the network offers.
- Understanding what Bitcoin has to offer in terms of self custody as per Lucius' post earlier.

Some more basic knowledge to be a successful investor is understand the two terms:

FUD - fear uncertainty and doubt
FOMO - fear of missing out

This will happen if your mind was beaten by your emotions and uncertainties. I know selling can be an option and it depends on the holder but selling even though you know it was a loss, that was a decision and you have suffered for it. In this case, we can't blame the market but blame ourselves because we are impatient people. Because if we only understand the volatile nature of the market, I'm sure that everyone will grow and reach their plan but somehow, people fail because of their emotions and weakness when the market crisis comes.

And in order to succeed, then we have to correct all of the mistakes we have done and focus on how to face the reality.

Do not just simply rely investing in bitcoin alone since it’s never a guaranteed source of income. Always get a stable job, and just consider investing in bitcoin as a side hustle. Also, never invest more than you can afford to lose, or never go all in, as it can always lead to losses if you are not responsible taking the risk. And don’t be greedy, but learn to be patient and wait for the perfect timing to reap what you sow in bitcoin investment.

The key to success in bitcoin, in my opinion, is to hold onto your investments for a very long time. If you have a job or are looking to get one, at least you won't have to worry about your investments in bitcoin, as you see many people who have them eventually sell their holdings when they run out of money because they have no other source of income. Holding is the key.

actually the key to successful investing in bitcoin in my opinion, the point is that you have to be strong, and don't let investing in bitcoin be used as a livelihood to make a living, so basically investing in bitcoin must be made as a side job, not as a main business.
and don't invest from borrowed money. because if the investment from the loan results will make it psychologically disturbed, and uncomfortable.

Buy low sell high is easier said than done. In reality, you can even hardly determine how low is low and how high is high. Is an ATH high? There could be a new one in the next day or two. Is $20,000 low? It could fall to $16,000 in a matter of hours.

The better alternative is HODL. But you already mentioned the problem. Many are saying HODL as if it is easy. It might not be, but you only have to take a couple of steps back and see that in the bigger picture the line is diagonal in an upward direction. You still have doubts? Well, you go back to basics. What makes Bitcoin successful? And also, it only takes a little math to understand that there is certainly very limited Bitcoin for everyone.

I am not sure if I am a successful investor since my plans are mostly long term. So I can not actually share some super effective technique to bring all the money into the bag through Bitcoin trading.

I mostly just do Dollar Cost Average and hold Satoshis for a long time. I have tried to time the market in the past but I learnt I am actually not very good at it. So for people like me is better just to play "safe".

It could be also productive to accumulate a part of ones income in FIAT and try to buy the dip (assuming you can foresee it accurately enough).

I think there will be no secret to success in this market, other than trying to buy low and find a way to hold and stay in this market for as long as possible, we will succeed. To do that, you should not be too dependent on bitcoin, which means you must have a stable job and many different sources of income, just use your idle money to invest in bitcoin. Then your mind will be extremely at ease no matter how volatile bitcoin is. Just like that, I think success will come to us. There is no need to find any superior method.

My key in the bitcoin success is to keep my private keys safe and sound.  ;)
It is way better to understand that hodl is the only way for our success in the bitcoin. If we are going to transact the bitcoin then it has to be from bitcoin to bitcoin so that we can flourish the bitcoin economy to the fullest. If we are going to sell the bitcoin for USD all the time, in the want of those tiny profits then it's not worth it. There is no way we could get the success if bitcoin is not in the circulation. This is based on the public power, bitcoin is all about unity. Tomorrowland wont guarantee it's success if at the end only two people are left our to trade in between them. 

This is my opinion but the most important thing is that you understand and really believe on the assets in which you are investing, I say this because as an investor it is impossible you will always be on profits and you will have to endure adverse market conditions for months and years, and under those circumstances your trading skills or your ability to read the markets are useless.

The one thing that will stop you from selling your bitcoin is the knowledge that bitcoin is a good investment and that you took the right decision by putting your money in it, if you do not have this conviction then holding your bitcoin will be almost impossible, so read more about bitcoin and see for yourself how useful it is, and if you are still not convinced by the evidence in front of you then it could be better for you to invest in some other asset.

You just need to know that bitcoin is a long term investment and it will always increase over time. So, as long as you buy and hold for a long time, it will make a profit for you, do not sell when the price is low and only sell when it is really profitable. It can be said that the only condition for success is patience, bitcoin investing is a game of patience.

The first thing is understanding the asset you invested in, without that it is nearly impossible to make a good profit from such an investment because your decision is solely based on what you read from others and know what you know.
Many investors who panic sell their btc (especially) when the price is down don't have the right knowledge to be able to make good decisions regarding their investment.
it is the same with understanding the market trend and knowing when to buy and when to sell. Some people take information or the right knowledge for granted but it is a necessary tool to enable them navigate the market circle and also gain from it.

Yeah, it is not easy but it is going to be easy if you follow the golden rule - Invest what you can afford to lose. If you invest money that you don't need, there is no need for you to sell your coins anytime soon. If the price drops, you still keep on holding. If you follow the rule, you also don't have to worry about when to invest. It won't matter to you if the price if high or low. You can invest any moment you want. Those who sell when the price drops are the one that are risking money that they actually need.

for beginners, it is natural to happen. but when they started to understand how Bitcoin moves in the market. then they will know how to store their Bitcoins. and certainly will not be affected to sell when prices decrease.

buying at a low price and selling at a higher price sounds easy. but actually, it's quite difficult to do. long-term planning related to price must be made from the beginning of the investment. and try to stay focused on your planning. practice being patient and not panicking. it is the key to success that many Bitcoin investors apply.

Well if you want to know how to be very successful in bitcoin investment you need a little job doing and add it up with your investment also, after you have these things set you need to be very smart and creative too.
When I first went into investing it in Drive Go trading app,it went well at first but i didn't understand stand how it was been done so I lost everything in it. This was a result of me not been so smart and cleaver too,in life you need wisdom to follow up things and you also need God too. But now that I have learn how is been done  am really ready to start it back as sooner. You need to understand what you are doing,what you are getting yourself into also,so you will be able to know how to follow it up too.

The first time I ever heard about investing and money management was in a book from a famous stock trader in the 80s and 90s. His main rule of investing was to buy as many different stocks as possible and forget about them. Trading too often only results in high transaction costs and doesn't really lead to a high outperformance of the market over a longer period of time. This is basically what the whole HODL strategy is about, buy crypto currencies and hold them for a long period of time. With the HODL strategy we can save a lot of time trading and also don't need to worry so much short term price changes. Unfortunately I didn't follow the strategy myself when I first started out with Bitcoins, if I had kept all my coins since 2016 I would be a happy man today. Everybody is going to experience losses when they start investing, it's part of the game and still the best strategy in my opinion is to hold our coins as long as possible.

So far, excluding the current bear market (which may or may not be coming to its end now), there were no losses of investment into Bitcoin for anyone who waited long enough. No matter at which price a person bought, Bitcoin has always recovered at some point. With altcoins, you can lose and never see your coins rise up high enough. With Bitcoin, it has never happened before, even though it's true that there's no protection against for the future. So it's not a loss if you don't sell. And considering that people shouldn't invest what they can't afford to lose, not selling shouldn't be an issue.

Maybe in my opinion and now what we are doing is holding it as best we can, continuing to buy during a bear market, and selling when it is already possible to predict a good result, but the main key is waiting for the bull to fully run and selling it at that time , with this method I think every Bitcoin investor will get satisfactory results, regardless of the method, I suggest that you find a job and you use half of your salary to invest in Bitcoin.

But what is not recommended is to sell it in a hurry and not see market conditions that are not good, maybe this happens to our colleagues who are beginners, but the work of holding Bitcoin is a little difficult to do, depending on how the management of the existing establishment is against oneself, maybe a strategy what is very effective to do is to keep holding it and waiting for the right time to get maximum results, this is one of the main keys in investing towards glory and success.


And this is what is meant by very powerful techniques and strategies to use in investing, all of us and also big/small investors certainly use this method, and for our colleagues who are beginners, it is highly recommended to take these actions/steps.and the most important step is to keep holding these assets from a Bear market condition so that the bull market replaces the Bear Market position

That is true and yet so many people do not understand the situation. If you bought bitcoin at 68k, even that could be fixed and you could get into profit for sure. I am not saying that it is a bad or good thing but it is definitely a situation you shouldn't worry about all the time.

If you bought at 68k instead of 16k, I can see what that could be considered bad, that's true, but if you sell now? That would be one of the biggest mistakes you would ever make. Hence, even if it was a bad thing in the past, it's time to find a solution and the solution is that bitcoin is something we should be recovering if we could, and that's a lot more important.

If you buy bitcoin for $68k, that can still be fixed. But in the time you wait to correct your mistake, many others have even made huge profits. Bitcoin is good but not buying at any price is good. After all: bitcoin is just a commodity to make a profit, and to do that, you need a strategy, a good plan, and an excellent time to start. If you buy bitcoin for $68k and it takes you another 4 years to payback, then it is a failed investment.

Knowing when to buy and when to sell is the key to being successful in this space. Buying btc at ath and expecting the market to maintain its price is impossible, you will end up holding for another 2 to 3 years before you are able to sell with a good profit. so it is very necessary to understand the market trend and know when to get in and exit. This I have learned over time.

This is a question that can be asked to prove many things, the first thing for bitcoin believers like us who are and believe in everything about Bitcoin and that Bitcoin will be the currency of the future, it does not cost us anything to make a good investment, but For those who do not believe much in bitcoin, it is something that will not give them their head to do things right, they prefer to invest in the stock market, in other markets that in a global fall everything will go to the ground, but they do not care fleeing before they believe in Bitcoin, these failures are always evident, it is like what claims to be dead first than bathed in blood.

The main key is to have funds, buy, hold in the long term.
But for anything, the risks of investing in bitcoin should not be ignored. Wallet security is the responsibility of the users themselves, besides that they must also be able to control their emotions towards price volatility.

All of us just need to understand that whatever we believe is profitable, there is always a risk of loss. The volatility of the bitcoin price is one of the reasons, so this can only be done for the amount we can afford to lose, nothing more.

The question does not have to be restricted to bitcoin... let's start there, as any asset and investment requires general knowledge in investments, skill and generally knowing your weaknesses well.

That is, sometimes it is not treated as in this case of bitcoin, the individual in his actions is part of the success.

That should not be something instinctive, in fact it is a technique and widely used, selling at a loss is part of the skills of knowing "when...?"

I don't agree. You don't have to be a trader to be successful.

Would you say that early investors had to know when to buy and sell?

I bought my coins years ago, earned some along the way. I think I'm somewhat successful because my bitcoins are worth much more than when I got them. I don't know when to buy or sell, I just buy whenever there's a big drop in price and I try to get as much bitcoins as I can. I don't sell them, It's a wealth allocation strategy.

I'm planning to hold as long as I can and if I'm lucky bitcoin is going to be worth hundreds of thousands of dollars before I start thinking of using it. If it takes 10 years, so be it.

When you are an investor, patience is essential to your success. You cannot earn or make money from cryptocurrency if you lack patience. You chose to buy it because the price you paid was your dip. So you must remain calm as prices continue to fall. We must remain strong until it recovers. If you panic and sell at a loss, no one will be able to assist you. Only patience can assist. So, before you jump in, give it some serious thought. You should not be sorry later.

Based on my experience about what is the key become success investing in Bitcoin depended how your patience and emotional controlling, some many investor losing their investment assets in Bitcoin due greedy and never have management controlling about how much profit available for selling their assets and try to be long term holding although price going dump.

Don't blame with CZ word about "if you can't hold you can't be rich" that not always true, many time altcoin investing drop drastically after long term holding and better take profit as soon possible when having opportunity after price going up.

Knowledge is one of the important factors of success in investing in Bitcoin.  With knowledge comes faith in technology.  Since we will know the potential of the technology we will believe that it will become successful thus having faith in the success keeps us holding Bitcoin.  This also triggers patience since being informed that one day the price of Bitcoin will increase, and having faith that it will, we are tend to have patience and hold our Bitcoin until the day our target selling price is met.

Knowledge is important for a person to make him successful in life. With the knowledge he had acquired through different ways help him take the right decision and move on the right track. To be successful out of bitcoin investment knowledge isn't much  important, even with the basic information about bitcoin you can succeed. All that required is the patience and the belief over the growth.

People who sell bitcoin even though they know they are losing money it seems they don't use extra money to buy bitcoin so they panic when the price drops.
I always use the DCA method of investing while still observing the market chart. I can't say I'm successful in investing in bitcoin and I still don't have much experience in the cryptocurrency world

For you to be successful in investing in bitcoin you must be very patient because isn't something that you'll put and invest today or tomorrow, I call it slowly but surely 😊 then put the amount of money that you'll be able loose......
You've to be careful of scammers and other things.

The best strategy for bitcoin was always to buy as much as possible and not sell any! Bitcoin is not to be compared to other assets, because it is new and can not be traded successfully if you ask me. It can however be gambled :D

The main point for me in case of btc investment is how you safely keep your funds in your custody after you have risked the investment in it because as we all are aware there are many scams and chance of losing your funds apart from dips and market crash.So at last it matters a lot as you will earn rewards for the time you hold your funds.The second thing is you must invest extra so in case of dips you shouldn't get panic attacks having source of income apart from your investment to backup you which is also important.So keep such things in mind always.

Successful investing in bitcoin in my opinion, first you have to have a job or steady income. Because with this you can invest by doing DCA every time you get income and do it after you meet your needs and you can invest the rest, and you don't need to invest large amounts of money and do as much as you can and with your money you can lose, because with small capital if done regularly it will be big.
and do everything for the long term because in the long term you will earn good profits and bitcoin is a very reliable investment for the long term, and it also requires a lot of patience during falling prices to stay calm and take advantage of the downturns to increase buying.

When I got to know of bitcoin a few years back, people have always preached to buy low and sell high or buy the dip and hodl but unfortunately this alone doesn't just work!

To be successful with crypto investments one needs to know how to actually read charts, interpret candlestick movements and all the fun stuff and once you get to this level then you are ready to make sound decisions with the backing of your chart reading skills.

So my key to successful investing is knowing how to read charts!

Buy and set aside your emotion! It would be easy to say but difficult to do as we all have these kinds of emotions, we tend to panic sell and we are greedy. Most of our decision when it comes to holding is that our emotions, we hold but later a few weeks we saw that the bitcoin keeps dropping we tend to sell it in loss but if we set aside our emotion if we hold it whether the price drops keep it for a couple of years then for sure there is a profit that is why other holder controls their emotions, others are not checking the price and other forget it so that they won't trigger their emotions

You can spend some spare money and buy a little amount of bitcoins whenever you have already spent your money on your essential needs. in this way, you can support bitcoins and also minimize the risk of being a failed investor because you are aiming to hold it for a long time. This is the safest method you can follow because others are extreme and they even take a long to buy some bitcoins others go overboard where they sold their house just to join the trend of holding bitcoins. Yes! they might become the luckiest men alive when the price will spike shorter than they expected. but it's better safe than sorry to make things easy for you while you live your life to the fullest.

First response was:
Buy low, sell high dont't sell at all (aka hodl).

There is more to it however:
- Don't chase quick gainzzz. 99% of projects and coins etc are vaporware, scam, total bs or just unecessary.
- Have a "strategy" that you stick to. In this way, you can and should resort back to it when you are tempted to make a quick, possibly irrational decision. Just generally, unless part of your strategy (for example "buy if below xyz $") don't make any quick decisions at all.
- Don't try to be a trader (unless you enjoy paying rent for the 0.x% of actually successful traders out there) - have a good doller-cost-average buying strategy over a longer period of time. You can slightly adjust whenever there are dips - but neither panic-buy or panic-sell. It all comes back to my previous point.
- Have at least a real job or better yet several sources of income and don't put everything on one card/coin. Only put a tiny percentage of your earnings into crypto. Diversify.
- Be patient and use your brain. FOMO and FUD should be identified quickly and avoided.

I want to ask, does your chart reading indicate that bitcoin has spiked in the past few days? As far as I know, the rise in the price of bitcoin has taken everyone by surprise, and almost no one has made an accurate prediction of what bitcoin has done in the past few days. I am not saying chart analysis is useless but it is not the key to success. Many investors don't know how to analyze charts, and they are holders, they still succeed with bitcoin.

I think the key to successful investing in bitcoin is knowing that bitcoin is worth more than you think it is. Imagine believing it is worth $100,000 and you selling it for $20,000 is a huge setback. You would feel dumb and sad and probably regret that you have sold it in the first place, so it’s better that you see it as more valuable than it is now so you wouldn’t have to sell it. It’s just like how some collectors profit as well.

Your opinion is also good and at the same time reminds  of the journey of people who invested in the past, namely in 2009 and sold bitcoins in 2021 when the price was high. means the point is we have to be strong to survive, and not to sell before big profits.

That's how most people invest in bitcoin, buying when the price is low, then selling when the price is high. But if we are able to take advantage of any conditions, bitcoins can be bought even if the price is slightly higher.

Suppose you buy bitcoins at a higher price, the pattern you have to do is wait for the increase from the previous purchase price and that's why bitcoin is considered a long term investment.

That's the mistake people often make, selling bitcoin because they experience panic when prices start to fall against the correction process.

What causes people to sell bitcoins when the price drops?

• Panic and do not understand the bitcoin cycle

• Trying to cut losses with the wrong pattern

• The lack of knowledge that can stifle excessive worry about the state of bitcoin during a correction.

The key to successful investing in bitcoin, simple enough?
"Keep calm and don't panic".

Live and die by the spreadsheet. Make a plan down on paper and stick to it leaving emotion "beliefs" out of it. When I reach a predetermined profit (33%) of my base investment I take the profit and diversify while still maintaining DCA.
 
This recent bump I took ALL my profit down to my base securing it. It will go down and my DCA will still be ticking away.

My base investment is my hodl and not afraid to take a profit off of it. I don't lose sleep this way.

The best recommendation I can give anybody who is new to crypto investing is not sell valuable and profitable projects for a short term gain or to avoid a short term loss. As long as you are not selling any coins you are not realising losses. If you don't need the money then there is no real pressure to sell. Crypto currencies as most other asset classes like stocks move in cycles, after a bear market we have right now there will come a bull market eventually. And if we are not invested in the market we might miss out on the next bull market. My biggest investing mistake was to sell all my bitcoins on 2016/2017 and miss out on the big rally 2 years ago. I am not going to repeat that mistake again. HODL has been one of most successful strategies for all the people wo jumped into the bitcoin market very early. Don't worry too much about short term price movements and focus on the long term trends instead.

I got your point. You need to see at other people who are still holding their assets and not selling them. You will find that those people has been in this industry for a long time. And they know very well when to buy and when to sell. Those who sell their assets while the price is going low, maybe they are newbie or weak hearted people, taking decision based on their emotions. It's not a bad thing for those holders because it helps the market to get rid of those weak hearted newbies. Thus creating a proper balance in the market.
And on the other hand, you may see other professional traders selling their assets in the time of down market. They are selling them because they know that when the market will go down further, they will be able to buy more with the same price which will grow when the market goes up again. This is called DCA or dollar cost average. It's a common practice among pro traders to grow their holdings.
Hope that answers your question.

Whether or not the decision to invest in bitcoin is wise depends on the timing and investment strategy of each, until now I still believe in bitcoin, especially for serving transactions between countries which have enormous value and we can make them assets on digital, investors who buy bitcoin on In 2011, you can be sure that you are rich now, but those who bought it at the beginning of this year must be frustrated now, from a fundamental point of view, bitcoin technology has enormous potential compared to investing in other assets, if we have a strong mentality, we can definitely get success in investing bitcoin.

One of my keys to success is always the price history index of BTC. The fact that it started from nothing and it slowly gained traction in the coming years is one solid basis for me to HODL my coins long-term. In addition, there has been a trend that every fork/halving, the price of BTC increases. I guess those are enough proof and basis for me to rely on to keep continue in HODLing my coins.

Lastly, the price of BTC at the last quarter of 2022 was around $6500. Currently, the price sits comfortably around +$7000 which guaranteed a profit to most BTC HODLers who bought BTC during that time.

You can divide your portfolio, leave the main part on a cold wallet for hold, this will guarantee you a profit with the onset of a bull run and save you from prematurely selling coins. And you can allocate a small part for trailing, if necessary, you can try to sell and buy in order to increase your quantity of bitcoins, but in the end, most likely what you left on hold will bring you a big profit...

The key to success for anything is patience and discipline. It takes time to generate a worth the profit or return on any investment and that is an absolute must, so patience and discipline are key. Indeed, not everyone will be able to do it, but at least they will get it if they are more patient even if they are not experts. The character that every investor has will be different, so it will also determine how likely it is for them to be successful in their investments.

It's true that everything will correlate, but discipline and patience is something that is needed because we never know when we can produce higher amount of x than now.

This is not the key to success, it is the basic thing to do in both investment and trading.
If you don't buy at a lower price, you will never earn profits. Everyone knows about this basic thing.

Yep. This is a must to do, to have a chance of selling at a higher price. Sure, there will be no profits if we easily do panic selling whenever seeing a dump. But to do this, the key is to have a patience and strong belief. Everyone who has no patience and belief/trust, is likely to be affected on the huge dump and much bad news. They will panic and decide to sell directly because they think to have no future of the investment.

It is because they have no trust/belief in the future of Bitcoin. It may be caused by a lack of knowledge and experience about Bitcoin investment.

Idealism in investing in Bitcoin is of course the key to being consistent and having an affordable intake of funds. In cases that we often encounter where people are forced to sell at reduced prices due to insufficient needs. My point is Bitcoin is suitable for the long term not just looking at it from a short profit taking range and hoping to wait in a long bear market. I think stable finances determine consistency in investing. Therefore, before investing, we must ensure that all basic needs are met and get more to invest. Because if not, cases of forced sales will continue to repeat and so on until the investment program in Bitcoin always fails.

What we need OP is to think what is the reason why we invest in Bitcoin. I'm sure we don't want losses but certainly a profit and success. That is why there is no reason to think negatively and acted opposite to what we wanted to happen but for sure of working hard in order to achieve no matter what will happen. Success can't be easy and it takes time, and if we are in a hurry, it is impossible we go there and reach our goal.

 - patience and positivity

At I first I confused of the language or should I say the grammatical blunder. It was when I finished reading the OP, I understand the message passed in the content. Well
, If I may, it is not only bitcoin one can invest and becomes successful in life there are other businesses that one can invest and becomes successful. Real Estate can also fetch you a lot of money. The risk you see in other businesses or Investment can also be found in the Bitcoin Investment. So when investing in bitcoin, take caution very well.

I don't have 1 bitcoin, but I have fractions of bitcoin that I would like to gather to form 1 one day, because I know that having 1 bitcoin would give me to live a great life, at this time I could not say that it is something that will fill me up that I will assure my life, but I know that in about 10-15 years yes, because bitcoin is not going to stay at the price it is at now, the price will be very high in the future, and I know that it will be very high with respect to fiduciary money This is enough for the most intelligent to react and do not hesitate to acquire the bitconi at all costs, it is the best savings if you want to have a full life.

You can't just rely on bitcoin alone because its a highly volatile investment, so have your own main source of income and make bitcoin as a side hustle. That way, even if bitcoin drops its price most of the time, you will not be bothered and triggered to sell. So you can hold it for long term and make significant profits in time.

First of all I will advice that you get a job and since you're still very new to Bitcoin, I would also advise that you don't go full time into it and just as it might seem with any other business, it is also advisable that you get an alternate source of income to help back you up on your crypto journey.
Just as you stated about buying low and selling high, that is the only secret to being successful in crypto and most times, people get it twisted with the idea of holding bitcoin and treat it like something that is never meant to be sold.
I always tell people to buy at a certain price and when there is a profit they feel contented with, then they should feel free to sell if they want to and when the price rises to it's peak and begins falling, the need to use a stop losses shouldn't be overlooked.

You will only be successful investing in bitcoin if you have the experiences needed to make a successful investor. Because if you are still a beginner in investing, perhaps you will still experience more losses than significant gains, but that is a part of molding your experiences that will be helpful in the long run. And successful investing comes with patience and a high sense of determination. If you are just here for money and would always want quick profits, you will never be successful with bitcoin.

First of all, you should trust the system and know what you are doing. There are many scams and many have lost coins, so security is important. I think that is the basis to invest in bitcoin and altcoins. While investing you should be active to help other people understand bitcoin. If you follow old posts here from the forum, then often hodln is the easiest way and I think it's good too. Buy some coins and don't panic, more fiat… no thanks.

The key to success in investing with bitcoins, or investing in anything really, is not playing with money you don't own yet. Say for example, bitcoin is in a good trend, and you find yourself already thinking of ways to spend or invest the money. That is fine, but if it comes to a point that you are already depending on the existence of such cashflow despite it not even materializing yet, then that's gonna cause problems for you. You have to make do of what you have right now, or find means to increase your capabilities, but never ever play with money that is yet to come, especially with investing, because things may go south at a moment's glance and you wouldn't be able to do anything to prevent it.

People who can't hold for long periods of time must be really in a hurry for money, so they have no alternative besides selling their Bitcoins at loss. But if they really need the money, we can't blame them for doing this, because it can be worse if they keep the holdings, but neglect a financial demand they face, especially if it's something related to their health and safety.

Patience is the key for success in Bitcoin investment, although without spare money, solely patience won't open any doors...

When you're investing/buying from specific platform it is a must to verify whether you're into the right place. These days people are well targeted and funds were easily taken control by group of users. Getting caught into such kind of traps easily make the person have a negative thought over the market. In reality the market needs to be well analysed. Simple mistakes might keep people away from lifelong usage of cryptocurrencies.

Actually whoever that is into Bitcoin must still have another job that will suspend him or her because if you don't have any other girl that will sustain you at least you will end up in waiting for profit in Bitcoin it is advisable and encouraging from my own understanding to buy Bitcoin and also have a job that will sustain you in time coming or in future

It was said that the key to our success in investing in Bitcoin is to have knowledge about Bitcoin.  We should know and understand the technology behind Bitcoin.  We must do our own research and just don't rely on hearsay. Bitcoin is a marathon so we should have a long-term perspective.  We must know when to buy, when to sell and when to accumulate.  We should always be prepared for any volatility of Bitcoin in order for us not to panic sell and be calm when crashes happen.  We should always keep ourselves updated about Bitcoin and its regulation since regulation may change from time to time and ignorance about it may incur losses to our Bitcoin portfolio.

Personally, the only key to be successful in any investment is faith. Because if you don’t have that, you will never take big risks and will always have fears from losing, most especially if you are in a highly volatile investment. And with faith comes focus and resilience. Since you want to withstand all the difficulties that the investment could bring, that makes you become patient in the process while waiting for your investment to boom and succeed.

Because crypto market is young and earlier investors pop in early enough so the market made them successful. But in reality half of this guys doesn't know enough about awareness about BTC. Nobody knows in front what the dip will be, but you can apply some strategies which can make you a better spot on the floor. Currently is about 4% in crypto and half of them don't even know what is happening, so my thought is why don't we focus on education and start from the bottom.

Firstly, proper knowledge about Bitcoin and crypto market is needed to invest. Secondly, market analysis, buying zone should be implemented in right time. Thirdly, patience is an important factor after investing on Bitcoin. Buy low, sell high is still popular and anyone can implement this strategy but holding can bear good amount of profit.

You have said it right, mate. But there is one thing in common with why many investors fail to gain success and that is the third one - impatience. This thing could trigger a lot of changes even though you are good at 1st and 2nd, all of these things will change direction as it will badly affect the mindset and decision-making. This is the thing I've found when I recall what I did before, in fact, even now sometime I become impatient. There is no other thing that we need to practice more and become a habit and this is how to become strong and patient.

One of the keys to successfully investing and staying in bitcoin is to not be greedy and know when to take profit. You do not want to hold forever. Knowing when to take profit is a success trait of every bitcoiner.
Always take advantage of the dips. It is an opportunity to purchase more bitcoins. It is a key to success. Follow your gut, intuition, after the dart board and technical analysis has been done and never regret it.

Everyone has their own strategy for investing in bitcoin to maximize their profits, Hodl is the key, but sometimes we have to wait a long time, especially if we jump at a high price, but the fear when the market is falling always creates panic and we are forced to sell bitcoin. at a low price.
What might be the key for me is not to panic in any situation because my target is halving, maybe if it wasn't for that I would panic in the market especially if the halving belief was lost within myself.
Confidence is the main key for long-term holders, so far it is the best key I think.

I can only see one sure key to a successful btc investment...
Buy at a bear market, sell at a bull run, and don't be a fool to want to claim to have a diamond hand when you have the opportunity to sell and repeat the process over and over again.
There is no other strategy that works better than this one.  

Opportunity will come much longer in bitcoin so before flying the price must have bought when it was bearish and this is a good time to start the process while waiting for another bullrun to come.
But everyone has a different plan, but the simpler one is being bearish, we enter when the bullrun arrives, take profits.
But with diamond hands they will be motivated to hold on long term.

It really all goes down to this but the ways to functioning on that principle is distinct per individual because, even as simple as it looks, its never an easy thing to do.

With Botcpon yet to serve a completely currency purpose, having liquidity issues, lack of merchants willing to accept it for a means of payment and the issue with global adoption, using it for an asset has been the way and to do this, one needs to develop certain qualities to ensure your not selling when you shouldn't. Even if you should want to sell, it's got to be the only option out of a situation.

Patience is such a good quality to develop at that point but, its surely that doesn't come out cheap and you've got to at least have other streams of income to keep you going. While keeping tabs on price which is a horrible idea, you ensure to buy no matter the market condition and focus your expenses on other streams of income to keep you off your crypto portfolio.

This is an unpopular opinion but my key a successful investment in bitcoin is that I ask a lot of questions. I have friends who are more knowledgeable than me in bitcoin and cryptocurrency. So when I encounter an issue, I run to them and I bug them with questions. I also try to read a lot on my own too, it helps me not to sound silly when asking questions. This is what has helped me to be successful because I have learned from their mistakes and I avoid making it.

Its not bad to ask into our friends but only into those things which you cant really be able to search online specially on some personal real time experience on investing with BItcoin or with other crypto.

There are people who are really that not too confident on doing so or they do tell to themselves that they would only learn for themselves or simply having that self learn behavior which it isnt bad either.
But its not bad to look up for some help into those someone who do have been here on this market for years which we cant deny that they do have really that experience and awareness
which you could really ask on and would add up into your own personal knowledge too.

Bitcoin is a recent and newly invented by Satoshi in 2008 and Launched in 2009, and before the invention of bitcoin people were becoming successful in  businesses through different kind business both investment and real estate. You OP saying that bitcoin investment will be the key to one success is very wrong. I won't agree with you for that because success is not tired to one particular business or investment. As it is in the world many people are getting money every day and night form other things they do. The way I understand bitcoin, it is a digital currency for the exchange of goods and services and it is also a digital asset. The only difference is that it's value is higher than other currencies in the globe.

You should have a stable income in the first place if you wish to invest and stay long term with bitcoin knowing bitcoin will never guarantee as a source of living. And it’s price will always be unpredictable so if you are just here for quick profits, I should say that it won’t work in bitcoin. Also, investing in bitcoin also has a high risk and if you are not ready to lose, it’s best not to invest in bitcoin and focus on real in demand businesses offline.

Just keep updated about bitcoin and you will never incur losses in the process. And it’s really important that you also have significant experiences investing in bitcoin even initial losses because that will teach you lessons that will help you to be more successful investing in bitcoin.

If you have less experiences with bitcoin, then it’s less likely to make you a successful investor. Because we all know that experience will always be the best teacher not only when it comes to investments but certainly in all aspects of life. And also, discipline and patience, because if you don’t have that, even if you get a lot of profits from bitcoin but as long as you never secure your finances and you tend to be more greedy most of the time, still you will never be successful in the end.

I doubt that no one has ever lost money after investing in bitcoin at this point and in this state. These losses are warning signs and lessons to avoid red flags after investing in order to know when to sell, hold, or buy more. Most people will always be at a loss if they do not have compatible knowledge of this.

For now maybe I can still be said to be new to bitcoin but I still emphasize to myself that I have to try to hold back as long as I still don't get any significant problems and my finances are still quite stable as long as I still don't get the results I expected. will still hold on to this.
On the other hand I always encourage myself as long as I still have extra money I will continue to buy especially with the current condition of bitcoin even though they are now at $ 22k.
Waiting for the right moment under obvious other options makes me a little more motivated.

We could still have that negative losses but those arent realize unless if you do close up a certain trade but if not then those are still tentative and still not considered losses if it wasnt finalized.
It is really just that it is really hard to make yourself that emotionally stabled when you do see the price is plumetting.It is really just normal since we are just humans which does have emotions
and seeing our money is decreasing which we would really be having that normal reaction when it comes to this.So the key on success on investing on bitcoin is to be that emotionally stable
in regards with your investment and dont easily freak out or panic in.

Personally, i would advise you to believe in bitcoin first and everything good will follow eventually. Regardless of how the market will be, you will not be easily triggered with the pressures around and that will make you stay long in bitcoin. With proper determination and strong resilience, that would be good enough to withstand all the trials with investing in bitcoin.

To generate money, I believe investing in Bitcoin must be a secondary source of income, or at the very least something you do when you have extra cash. You must concentrate on a source of passive income, such as a regular employment or business. HODLing is essential since investing in Bitcoin is risky and volatile but it pays off handsomely over the long run.

Not just bitcoin, when you invest in any field or do anything, the only way to success is knowledge. Only when you have knowledge will you know what you should and shouldn't do to achieve success. There is no secret formula for success when investing with bitcoin, all you need is knowledge. So instead of trying to find tips or shortcuts to get rich quickly, you should focus on gaining knowledge and spending more time on bitcoin.

Others made Bitcoin as their primary income like trading and also they are holding but it is risky as it is very volatile that is why others are still working and at the same time they are investing their extra money from salary on bitcoin. Others was also transitioning from saving money from piggy bank or depositing money on banks they will now be buying bitcoin as the profit is very high and they took the risk of holding it in the long run. Though holding is very difficult if you cant control your emotions that is why you need to have to control your greed and emotions so that you will not bail out.

Holding is one of my keys to having a successful experience with bitcoin, using a decentralized exchange is another one to help you have maintain being private while continuous learning is what guarantee growth together with your crypto experience, you need to exercise being patient as well while holding, theirs always a time for everything, many investors don't wait for the maturity to their investment before selling off, lastly invest larger percentage of your asset on bitcoin and avoid risk on loosing by adopting dollar cost averaging technique.

If we want to survive in the market, we need at least 1 or 2 sources of income other than cryptocurrencies because the market is very volatile, and it is not always possible to profit from it. Investing in bitcoin should not be considered a major source of our income.

Also, I don't think using savings or bank deposits to invest in bitcoin is a good decision, you need to consider that it is money that you will not use in the future or for emergencies. Bitcoin investment can bring big profits but also make you lose everything, so invest only with money you can lose, and it won't affect your life.

I agree that it's definitely something that takes a bit of time for people to get a hold of. Patience is a difficult thing to master if you do not have it, or you could be a boring guy like me, who doesn't care and that type of ignoring it causes you to look like you could wait for decades and it's a success when in reality you just don't feel the need.

I bought bitcoin many years ago, and I have been buying ever since, and I never had the need to sell, not because I am patient person or something like that, it's because I just don't need the money now, and don't have any reason to sell, so why would I feel anything when it goes down? If you have that like me, then it becomes much easier to wait the storm out.

It is right strategy to have more sources of income to be successful in crypto market, as it is difficult to generate any profit when market is bear cycle, unless you are a professional trader. Having always extra funds enables you to take advantage of bear run and maximize your Bitcoins and book huge profit in bull cycle.
Crypto market is cyclical, though it is very difficult to determine length of bear or bull cycle but every cycle eventually comes to an end and doesn't continue for ever.

Bitcoin and other cryptocurrencies are risky due to volatility. Make lots of money. Examine the pros and drawbacks before choosing. Some bitcoin investors have retired and lived off their money. Investing in a poor market requires patience and discipline. Mental and emotional testing.

A Norwegian man forgot about his 2009 Bitcoin purchase. He discovered his Bitcoin investment was worth $886,000. He kept it during the weak market and now benefits. Investors who left during the bad market missed the bull run.

Bitcoin's risks and benefits must be understood. Be calm and prepared. Because it's about the journey and the lessons you'll learn, not simply the money.

The key to our success investing in bitcoin is:
1. Do well research and homework before investing on something your hard earn money. Understand what you are investing in
2. Manage your risk. If you have double or triple income source then you can invest from one of your income source.
3. Do not rely on other people.
4. Don't invest more then you can afford to lose.
5. Remember the past is past.
If you have such ability to mange loss and profit, if you are not dependable on anyone for anything then yes there is still chance to get huge benefit from bitcoin.

Making investment or trading bitcoin as the main source of income is a very risky thing. Because in investing we have to be able to hold on for a long time, and when we hold on to our assets, of course we have to meet our daily needs. As for trading, we all know that trading is something that carries a very high risk of losing, we cannot expect to make a profit every time we trade, because it will affect our emotions.
So for me having a job and steady income is a must, we can use investment or trading as additional income, it's safe for our finances.

not rush into making decisions to buy , hold , and sell . think wisely and maturely when you do it. because it affects your assets, and it also affects how you feel emotionally. if at that time you were stable, you would definitely be calm with that decision and sure that you would get success here. Unfortunately what I have encountered, they are greedy when the coins they buy go up so they forget the resistance limit of the coin.

The main source of income is very important, let it be a job or a business that can generate a stable and predictable income. Trading for me is not associated with the concept of a stable income, because in one month I can get a very good profit, and then just wait for several months, because I do not trade every day.

It is the same with investments, this is an investment of money for a long period and I do not expect to get a quick profit from this, so a stable income that I can receive from my business is very important to me. Investments will be successful if you can leave them for a certain time without intervention.

do not be greedy. i understand how bitcoin make money fast but its still suitable for greedy people. people are greedy when investing in bitcoin it will only destroy their money. taking the decision to buy bitcoin at fluctuating prices was a mistake. Another thing you can do is be consistent with your profit target and stay with the community so you don't miss investment news.

Even my self i dont want to go full time on trading but who knows if i do have a proven track record for 2 years in trading then that's a good chance but for now you are going up and down so you need to have stable income. I think there are professional traders that are fulltime on it and also their entry are not small amount its always huge that is why they gain huge profit as well as loses.

If you want to buy at a low price and sell at a high price, you must first have an understanding of the market. We need to understand when the market can reach the minimum. If we understand the movement of the market, we can buy at the minimum and sell at the maximum. So we need to understand the market first.
To be successful in investing, we need to have a mindset of holding. Even if the price of the invested coin drops for some time, don't be disappointed, have to be patient and wait for good times.
Investors invest as they gain and lose. Profit and loss are part of investment. We have to invest in thinking that money is at risk. If you have enough knowledge about investments and the ability to be patient, the chances of profiting from investments are high.

The biggest success when I invested bitcoin occurred in 2017, I knew bitcoin since 2015 and I used to use it for cloud mining, at that time I easily earned bitcoin from faucets and I collected up to more than 5 btc, at the end of the year I sold 3 btc worth more of $45k which I think is big money.

My investment of btc was successful ranger 2017 year but after that i forget. I think profits step depend buying time so you can earned btc whole buy dip price. Remember btc not a stable coin so price up or down her own life so we couldn’t change them. Look them btc chert catagery which you can understand buy times.

the key to success in investing is something that is difficult for people who panic easily in dealing with situations we don't want, for example when we are experiencing a loss in investing, don't be easily swayed by big losses that can eliminate all the assets we have because that will never happen. especially bitcoin, so don't ever panic when a decline occurs, stay upright and patient until the price returns to normal and be sure that a price increase will definitely occur again, this is our main key in investing.

remember that in investing there must be such a thing as a loss, not just in bitcoin investment, other investments are also like that and there is no such thing as an investment that can guarantee 100% return. In my opinion, the key to success in investing in bitcoin is patience. I plant words like if we can't hold back, we won't be able to be rich. Words like that are my motivation when the market is falling, and those words make me think about cutting my coin loss. why don't I buy more coins when the price is falling (discount). that's what made me successful in the world of bitcoin investment.

Those people who sell bitcoin when the price is low will have some percentage of benefit because no one wants to lose their money so when they buy the Bitcoin may be at that time the price was lower than the price of selling so we don't know about the other person that why he does so.

Also individuals that sell at lower prices may have not enough knowledge of holding or maybe they are afraid of Losing more money than this. It is necessary to hold your bitcoin for at least 5 to 6 years after that if in bull run you want to sell it then it will be profitable for you.

Bitcoin investment can bring big profits but also make you lose everything, so invest only with money you can lose, and it won't affect your life. And crypto market is cyclical, though it is very difficult to determine length of bear or bull cycle but every cycle eventually comes to an end. It's important to have a clear understanding of the risks and rewards of holding Bitcoin or any other cryptocurrency. It's also important to have a solid plan and strategy, and control your emotions, and the most important thing to success in Bitcoin investments is patience. It's not easy, it takes a lot of patience and discipline to hold on to your investments even during a bear market. It's like a test of your emotional and mental strength.

True. You will never be successful in one’s investment if you don’t have a stable source of income that will support your investment, as borrowing or taking a loan is a very bad idea especially for beginners who have less knowledge and no experience at all. And when you decide to invest, never think how to make profits but always think on how to stay long on your investment. That is way better than to expect real quick profits and end up disappointed and regretting.

always know that accumulating bitcoin when it is still relatively low in term of value is a good thing, when it got discounted off due to the correction, accumulating is definitely the right way to do, but of course we all know doing such accumulation is like catching a falling knives, but know that what's more important than that is the fact that you could be having the patience and capability of holding for long term so even if the market didn't go your way you could still be patient enough to just hold it because it's already proven that the holders always win at the end of the day.
other than that maybe you should try investing into some other coin not only bitcoin through some diversification that way you will also get some good profit along the way, even staking could also be your option.

Key to success in investing in Bitcoin is to do thorough research and understand the risks involved in investing and have a long term investment strategy. It is important to always keep on your mind that investing in Bitcoin, like any other investment, comes with its own set of risks and its important to only invest what you can afford to lose. There is really no one-size-fits all in investment success. Your success will depend on how well you understand and study the flow of the crypto currency market. Sometimes investors tends to gamble if the lack of understanding and information.

You are right, the income from us trading sometimes we get a hefty profit, or even we experience unexpected losses. Meanwhile, meeting the needs of life must be there every day, we cannot wait until we benefit from trading to meet our needs. Moreover, trading also requires a lot of capital. The reason is that with a small capital, the profit we will get will also be small, and when our capital is large, we will get a commensurate profit.
We cannot risk our lives on unstable income, especially if we already have a family to support.

Unlike so many people who sees bitcoin investment as a very big work or problem to solve. I do not approach bitcoin investment from that Angle. I do not even make any calculations or reading of arbitrary charts in order to invest in bitcoin. My strategy remains same, whenever there is a major bull market, I will stop investing in Bitcoin. But when it is bear market like this period, I do my weekly DCA and I do not mind the direction of the market because I know it is overall bear and I am investing what I am able to lose.

No cryptocurrency investor who hasn't experienced what you refer to as bitcoin investment losses. The bitcoin price has gone against everybody at a particular time, but the difference between a lower and a gainer is selling and holding at loss respectively.

I spend money to brighten my future life by investing in bitcoins. And when I invest in Bitcoin I hold it for the long term as a future asset. And I bought and held Bitcoin at a time when the market was in a bearish position. And the Bitcoin market is much higher right now than it was then. I'm not impatient but I have confidence in investing by being patient and I believe in Bitcoin. From the position I invested in Bitcoin now I have no loss there but some amount of profit. If you want to invest in Bitcoin, you first need to do some market analysis and seek wise advice. And later you buy when the price of Bitcoin falls and hold for a long time without any loss or damage.

there are also instances that they need to because they don't have enough money to invest though it is not good practice to take out a loan for investment as long as you can pay it and know the consequences which you reall think of it then take it but so long that you know you are investing for and you know the risk on it and how to prevent losing it but if you can save then it is better but this will take time

You can also borrow money to invest but make sure that you will repay the loan even if your investment fails, and for that, you need a steady income job. I am not too strict with borrowing money for investment or business because sometimes the opportunity will slip away, and it will not wait for us if we do not catch it. But we should calculate and come up with the worst case scenario we will face, if we can handle that worst case scenario, then getting a loan won't be a problem.

I don't really understand the direction of this advice you are giving, because I never sell assets when I experience a loss except to just keep holding on until I find the profit I want. After all, it would be very wrong if someone sold assets when they suffered a loss, because he should have maintained that so that he would not suffer a loss.

Not even selling when you see yourself losing money, which is very strange in my opinion and very illogical for someone to want to do that to himself. Even though the purpose of his investment is to have a better profit, but how come he wants to sell when facing a loss. That type of person is actually not the typical investor with a high level of patience and is not very suitable to be a long-term investor if he still thinks of selling when he sees a loss in front of his eyes.

if you look at the price of Bitcoin from a long time ago I think there is no reason to sell Bitcoin assets when they experience a decline.
Bitcoin is always able to recover even if it takes a little longer, so when you decide to invest in Bitcoin, you have to be patient in waiting for the right time to take profits.

patience is the main key to get profit in investing in Bitcoin.
and panic when there is a price correction is bombereng to suffer losses.
before deciding to invest in Bitcoin there are a number of things that must be learned and avoided so as not to suffer losses, one of which is panic when the price is dropping.

If we have the belief that bitcoin will continue to survive and shine in the long term then we must have the courage to invest and be patient, holding it for at least 10 years is the most important key to success, I once invested $200 worth of bitcoin in early 2016 then got a profit of more than 200% because in 2016 there was a halving day.

This is really the right decision, but still, there are people that are struggling, meaning there are really good opportunities for them or they have a bright idea but they don't have money, and again, they can't afford to have a loan, which means that opportunity will slip away. If you can really pay for it, then why not? But other people are scared of risking things, and again, without risk, we won't be succeeding.

We must have the right information before we begin investing in Bitcoin for this reason.Knowing a lot about Bitcoin can help someone feel more confident about it. Due to a lack of in-depth knowledge of Bitcoin, many people sell off their investments along the route despite having stated that they would keep onto it for a long time.Therefore, in order to invest in Bitcoin properly and achieve large returns, you must be aware of certain factors and have faith in it.


Many people are wary of borrowing money to invest in Bitcoin because of the risk involved. The Bitcoin is volatile, anything can happen to price, and you never know what will actually happen.so the price of Bitcoin price may fall at the exact moment you need it pay back the loan, making it difficult for you to repay the loan because you don't have another source to pay back and you may end selling it at lost. However, if you have other sources of income, taking out a loan to invest in Bitcoin is not a bad idea because the worst happen, you will be able to repay your debt. However, it is not recommended to invest more money than you can afford to lose.

do not hesitate to buy and take risks, losses are natural in investing. success cannot be determined because of following other people's words. if we see good potential it is an opportunity to develop assets. I only understand when I invest in bitcoin it means I believe in the future of my assets that I put there. but I always look at market conditions, if it's not possible I'll just take momentum.

Bitcoin is suitable for long-term investments. And also it has the chance to save the money if fiat inflation goes too heavy. I don't think that any cryptocurrency can bring immediate profit, since they dont have tendency to become expensive fast.

All must experience losses in investing. If you have a question, when is the best time to invest in crypto? many investors are looking for secret tips for making big profits in the shortest possible time.

in fact actually there are no secret terms and their successful investors use special techniques which are actually not a secret what they do Of course buy low prices sell high prices even though it turns out it's not that easy.

Yes, we want to buy at a low price when the price is low? when is the right time to get the low price? Then there are investors who are smart, they read research, read market trends, read analysis and then become successful because they are experts, what about beginners?

So I want to give an illustration of the price of Bitcoin in 2017 the price is $17k btc, if in December 2017 you were offered a Bitcoin price of $17k you would say it was expensive, while the 2021 Bitcoin price was $65k, well you would say at that time it was expensive too. so when does it start? Imagine if in 2017 you bought btc then sold in 2021 you will get a huge profit at that time. so what you said was expensive back then it could be cheap today.

so the best strategy for investing is the DCA method, this is an investment practice that helps us invest regularly in the same period. if you are used to spending money monthly, go ahead, if you are used to it weekly, go ahead, weekly investment with the same amount continuously So there is a term averaging profit and loss on average you will still be profitable.

Even though the implementation method is very simple, the DCA investment method has lots of advantages, one of the advantages is minimizing the risk of loss. because of investment decisions with this method you don't need to think about rising prices or falling prices. The important thing for you is commitment to invest regularly for the long term, you don't need to read technical analysis. You don't need to do in-depth research on price movements as long as you understand the fundamentals you will make more informed decisions.

As long as I keep patience with my holding then I'm pretty sure that I can get profit in Bitcoin, although it's not guaranteed but the trend saying that we will reach new ATH after halving is done. I've once forced to sell my Bitcoin because there is an emergency case in my family and I needed some funds so I decided to sell my Bitcoin at a low price compared to when I bought it. 

even though it might sounds quite ridiculous but from my experience and seeing the history of majority that have scored good profit in investing in bitcoin.
you might see one same pattern that is most of them are just holding their bitcoin until the right time for cashing out their profits.
this strategy is so simple yet so potent, just find good entry for you to invest in like for example is the time when bitcoin got massive correction and lose about 80%.
from that on you just invest, and in the future you will get all the benefits and profits, heck even if you think about it, the one that accumulates at bitcoin massive dump early in previous year are already gaining good profits.

The patient is surely needed, it is one of the keys to success in Bitcoin investment. But we must always update the information about the market and learn how Bitcoin price move. Although we understand the bullrun season probably happens after Bitcoin halving, we need to be careful about the change of trends in crypto. As we know that there is no guarantee for the same scheme to return, basically Bitcoin is unpredictable. So, we must have a second plan if everything doesn't happen as expected. So, it is not enough to rely on 'patience' only, we must be smarter to manage our strategy in Bitcoin investment.