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Author Topic: Bitcoin is Interesting  (Read 306 times)
jrrsparkles
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June 08, 2024, 10:11:31 AM
 #21

In the future an I realized I can only get it if investing in bitcoin.

Bitcoin is one of the tools you can counterattack inflation but I beg to differ with the term only way and that too coming from literally Bitcoin newbie.

Even though I am Bitcoin maximalist I won't recommend you to have an investment portfolio only filled with Bitcoin and in fact, you can go up to 30-40% but anything more then you are risking which can pay you more than any other investment but it also contradicts the basic thumb rule of being successful investor which is don't put all eggs in one basket.

So I would take the conservative investment strategy to keep the risk in balance so even if bitcoin is going through bad days the assets from other secotrs may compensate and not give the panic of I lost everything.









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June 08, 2024, 12:48:21 PM
Merited by SquirrelJulietGarden (1)
 #22


Perhaps I clearly see your point but I feel at this point this is absolutely not what op needs as his just here newly or

Okay, but if you are so insightful about OP issues, can you explain the purpose and meaning of creating this thread? I don't understand, except that the OP, who was on the forum for a month, created a short monologue about his thoughts on Bitcoin. Where do you see his questions or requests for help to understand why he came here and what he wanted to say?

And yes, are you sure that he will read all this?

As you can see, I’m not the only one who doesn’t understand this Grin

First please try posting your thoughts in the normal way, even if you are using your mobile phone. The way you have posted it looks like a wall of words which does not make any difference but it hinders my ability to see through your thoughts. Please do use simple paragraph structure which allows anyone with eye sight issues to read it clearly and understand it to reply.

Let's talk about the issue, it is nothing but FOMO, if you do not understand what is it then do a google search.

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June 08, 2024, 10:03:56 PM
 #23

Over the years Bitcoin has always been a competitive investment most persons would like to dive into.Bitcoin is indeed an interesting investment.Bitcoin investment is a choice,just like you understood the value of Bitcoin even in economic crisis it isn't affected,and you also made a right choice by investing in Bitcoin.Bitcoin is considered as an interesting investment because it is a safe haven asset, meaning it doesn't lose it's value even in the face of economic crisis.

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June 09, 2024, 04:59:05 PM
 #24

Over the years Bitcoin has always been a competitive investment most persons would like to dive into.Bitcoin is indeed an interesting investment.Bitcoin investment is a choice,just like you understood the value of Bitcoin even in economic crisis it isn't affected,and you also made a right choice by investing in Bitcoin.Bitcoin is considered as an interesting investment because it is a safe haven asset, meaning it doesn't lose it's value even in the face of economic crisis.

Bitcoin has maintained its position and hasn't faced as much competition as it does now, despite the abundance of rivals. Bitcoin is still incredibly resilient. Additionally, individuals are more interested in bitcoin because it is a unique form of investment. Investing in bitcoin is simple for anyone who recognizes its value. There won't be much to accomplish because the mind is already prepared because it is already persuaded. Since bitcoin is not a forced purchase, investors should be concerned about the direction the cryptocurrency is taking. As of right now, nobody has anything to say about bitcoin. And when bitcoin starts to interest you, that's when you'll like earning money because it's something you enjoy doing; nevertheless, you won't succeed if you don't appreciate what you are doing.

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June 09, 2024, 10:51:17 PM
 #25

I haven’t been a fan of digital currency because I was ignorant.
When the economy was better than the way it is now I was
Okay with my financial state.
I never knew things would get these worse. If I had the understanding
Of bitcoin when I was financially alright, by now I would have gotten a
Strong Financial support investing bitcoin. The inflation motivated me to
Make a research on how I could invest my income to gain financial stability
In the future an I realized I can only get it if investing in bitcoin.
The inflation is getting more serious everyday an theirs know sign it will
Get better. It is better for me to secure my future than doing nothing now .
I know if I could invest in bitcoin no matter how small it is , it would make a difference for me in the future.

It is never late my friend what is most important is consistency in order achieve the expected goal and objectives. Set out an  emergency funds while investing with as little as possible after ensuring your living expenses are taking care of your disposable income can be invested through the DCA strategy either weekly or monthly depending on your income flow irrespective the price point on different intervals. Bitcoin is the best world class digital asset which Will give you that financial freedom you needed, enabling borderless transactions, offering protection against inflation, preserving privacy, and as well creating investment opportunities. Don't feel regret for not being able to have recognized the potentials Bitcoin holds earlier for it never too late as Bitcoin is still a growing digital asset, but you should rather focus on what can be achievable in the future.

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June 10, 2024, 02:01:43 AM
Merited by SquirrelJulietGarden (1)
 #26

(....)
I know if I could invest in bitcoin no matter how small it is , it would make a difference for me in the future.
For me yes, because the learning you will gain is expensive, and cannot pay any amount of money, you can use it for your own goods like good benefits. It will help you to grow as an investor or any skill you want to pursue in cryptocurrency.
Any amount is really good, just learn everything especially the basics and master it.

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June 10, 2024, 03:36:22 AM
 #27

I think, there is no way you will know Bitcoin and you will not like to show interest to invest in Bitcoin, because among the cryptocurrencies in the market, Bitcoin still remain the king and whenever the price is increasing in the market, other cryptocurrencies price will be increasing gradually in the market to make investors to be part of the bullish season at the moment. If you have the capital with you, I will advice you to take a bold step to invest in Bitcoin when the bearish season appear and hold for long period of time, I believe you will have something positive to achieve that will help you to overcome the inflation that is rising in your country. When you succeed in purchasing Bitcoin, try to use electrum wallet or any other solid wallet to stock your Bitcoin, because there are some wallets you will use, it will be easy for scammers to have access to your Bitcoin.

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June 10, 2024, 05:41:50 AM
 #28

That is good for you if you realizes that you can invests in Bitcoin. You should start immediately before it's too late although there is no late to invests in Bitcoin. You should learn first before you decides to start investing in Bitcoin so you will knows how and what you must do.

Many people who realizes that Bitcoin can save their future will not wait for longer to start. They will prepare many things, including the money they will use to invests in Bitcoin. They knows that they can have better life in the future so they can use Bitcoin to helps them.

While Bitcoin price is not increase high, you can begins to invests in Bitcoin. You can use DCA method to start because many people use that way and they gets the benefits from DCA. But you should remember that Bitcoin is not a fast way to makes money or getting rich. You must be patient to wait your investment grows.

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June 10, 2024, 05:42:42 AM
 #29

Basically you do not expect someone who just came in to start making withdrawals are you ? I guess no right!
If people use money to invest but don't think of how to exit, the person is high risk taker or gambler. Time of withdrawal can be vague, not identified yet by that person but if the person is me, I would consider risk of failure in exit. Trading volume, bull or bear market, difference between entry and exit price if I do my entry today and plan to exit in future, next one, two or 6 months. I am not God to know everything about the market, its future but I need to have my plan for entry and withdrawal, it's important for me and other careful investors.

For me yes, because the learning you will gain is expensive, and cannot pay any amount of money, you can use it for your own goods like good benefits. It will help you to grow as an investor or any skill you want to pursue in cryptocurrency.
Any amount is really good, just learn everything especially the basics and master it.
Understand and master basics is important and already enough if people can do master the basics and apply it for their either investment or trading. They can get lost with overwhelming technical indicators but if they master importance of trading volume, they can use this for their analysis on the market trend that is helpful enough for their investment, trading strategy and plan for future.

If they attach and use many indicators, but don't master any of them, they will not gain clear vision from indicators they use. Combination of many indicators only makes things more complicated and unhelpful for risk, capital management, investment or trading.

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Cityhunter34
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June 10, 2024, 08:28:45 AM
 #30

I think we have heard some many stories about people's that regretted to invest in Bitcoin at the early stage because of fear why some people that didn't have fear were able to make out time to invest in Bitcoin at the early stage, however those people's that invested on Bitcoin at early stage with a small amount of money are all billionaires now, although that's why is always necessary for us to take risk in some satin things because sometimes the risk you take today we make you to be Rich tomorrow more especially when it comes to Bitcoin investment, however I think is not too late for you to invest in Bitcoin but always remember to invest what you can afford to lose that's the main goal.

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June 10, 2024, 08:59:40 AM
 #31

I haven’t been a fan of digital currency because I was ignorant.
When the economy was better than the way it is now I was
Okay with my financial state.
I never knew things would get these worse. If I had the understanding
Of bitcoin when I was financially alright, by now I would have gotten a
Strong Financial support investing bitcoin. The inflation motivated me to
Make a research on how I could invest my income to gain financial stability
In the future an I realized I can only get it if investing in bitcoin.
The inflation is getting more serious everyday an theirs know sign it will
Get better. It is better for me to secure my future than doing nothing now .
I know if I could invest in bitcoin no matter how small it is , it would make a difference for me in the future.

What most people failed to understand is that no matter how little they can afford on investing on Bitcoin is a good start because your investment portfolio will seriously appreciate overtime if they are consistent, but in most cases people normally want to be rich first before they realize the need to start investing on Bitcoin, however just like you said imagine if you had started investing on Bitcoin then by now you would have actually gone very far on your Bitcoin journey now but however is not actually too late, you can still start accumulating and holding Bitcoin now even if you may no longer be financially stable as you are before, so perhaps you can start with the little you can afford and accumulate either on monthly or weekly basis depending on the one that will actually be more suitable for you, perhaps adapting the use of DCA method of accumulation will also help you a lot because it has to do with accumulating Bitcoin with the amount that's okay for you to invest.

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June 10, 2024, 11:44:13 PM
 #32

I know if I could invest in bitcoin no matter how small it is , it would make a difference for me in the future.
The most important thing is not to force your situation. I mean when you are obsessed with Bitcoin investment you can ignore your needs and that will mess up your financial management.
What you need to know first is how much money you make. how much do you need to spend? how much can be left for savings? and you can invest the rest in Bitcoin.
What you should also know is that Bitcoin will not change your life in a short time. enjoy the process never give up.

I’m grateful that you highlighted significant facts on the bases of proper planning before making investments.
Bitcoin has not only saved lives, but eradicated poverty in the world. I would continue to utilize every penny that
Comes my way in proper investment!!
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June 10, 2024, 11:57:44 PM
 #33

I haven’t been a fan of digital currency because I was ignorant.
When the economy was better than the way it is now I was
Okay with my financial state.
I never knew things would get these worse. If I had the understanding
Of bitcoin when I was financially alright, by now I would have gotten a
Strong Financial support investing bitcoin. The inflation motivated me to
Make a research on how I could invest my income to gain financial stability
In the future an I realized I can only get it if investing in bitcoin.
The inflation is getting more serious everyday an theirs know sign it will
Get better. It is better for me to secure my future than doing nothing now .
I know if I could invest in bitcoin no matter how small it is , it would make a difference for me in the future.

What most people failed to understand is that no matter how little they can afford on investing on Bitcoin is a good start because your investment portfolio will seriously appreciate overtime if they are consistent, but in most cases people normally want to be rich first before they realize the need to start investing on Bitcoin, however just like you said imagine if you had started investing on Bitcoin then by now you would have actually gone very far on your Bitcoin journey now but however is not actually too late, you can still start accumulating and holding Bitcoin now even if you may no longer be financially stable as you are before, so perhaps you can start with the little you can afford and accumulate either on monthly or weekly basis depending on the one that will actually be more suitable for you, perhaps adapting the use of DCA method of accumulation will also help you a lot because it has to do with accumulating Bitcoin with the amount that's okay for you to invest.

Initially just like you started above , I use too think that I have to be rich before I could invest in bitcoin.
Little did I know, I would have started early. Thank You for also recommending the DCA method of accumulation
My bitcoin journey starts now!!
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June 11, 2024, 12:21:08 AM
 #34

Over the years Bitcoin has always been a competitive investment most persons would like to dive into.Bitcoin is indeed an interesting investment.Bitcoin investment is a choice,just like you understood the value of Bitcoin even in economic crisis it isn't affected,and you also made a right choice by investing in Bitcoin.Bitcoin is considered as an interesting investment because it is a safe haven asset, meaning it doesn't lose it's value even in the face of economic crisis.
A currency that doesn’t depreciate no matter the economic crisis, is an ideal form of securing the future
As the inflation has taken over an people face extreme poverty an hardships, I’m grateful to a friend that took out time to Educate me on how it works ,I’m open minded an willing to learn the interesting part of investing.
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June 11, 2024, 06:44:04 AM
 #35


Most of us has been there , not able to see the beauty of investing on Bitcoin on time . Due to  ignorance we have missed alot of opportunities when it comes to investing in Bitcoin and I think this same reason alot of people haven't consider to invest on it , maybe when one got the inspiration of investing in digital currency at first he endup investing in the wrong project Which left a bad review about cryptocurrencies in his minds. What am tryin to say is that most people are fonds of comparing other coins to Bitcoin, which is wrong bitcoin is like the king of cryptocurrencies, and it's potential ain't like the others.

Well look on the bright side there's still time to partake in this wonderful journey of investing in Bitcoin, so I hope you have already started yah accumulation so that you won't endup missing the wonderful opportunity (in investing in bitcoin) ahead which are yet to come. Now you have seen the beauty of investing in Bitcoin

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June 11, 2024, 11:20:08 AM
 #36

I haven’t been a fan of digital currency because I was ignorant.
When the economy was better than the way it is now I was
Okay with my financial state.
I never knew things would get these worse. If I had the understanding
Of bitcoin when I was financially alright, by now I would have gotten a
Strong Financial support investing bitcoin. The inflation motivated me to
Make a research on how I could invest my income to gain financial stability
In the future an I realized I can only get it if investing in bitcoin.
The inflation is getting more serious everyday an theirs know sign it will
Get better. It is better for me to secure my future than doing nothing now .
I know if I could invest in bitcoin no matter how small it is , it would make a difference for me in the future.

Of course if you invest in Bitcoin, your future life is very likely to change, now almost people have Bitcoin as a digital currency, so you can invest it for long term. And if you are an all income person then you can definitely invest the whole amount repeatedly using DCA method it can be regular for several years.  Only small investors investing in the DCA system can definitely achieve success.

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doomloop
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June 11, 2024, 03:03:22 PM
 #37

I never knew things would get these worse. If I had the understanding
Of bitcoin when I was financially alright, by now I would have gotten a
Strong Financial support investing bitcoin. The inflation motivated me to
Make a research on how I could invest my income to gain financial stability
In the future an I realized I can only get it if investing in bitcoin.
The inflation is getting more serious everyday an theirs know sign it will
Get better. It is better for me to secure my future than doing nothing now .
I know if I could invest in bitcoin no matter how small it is , it would make a difference for me in the future.
Bitcoin is a good project and good choice for future investment but keep in mind that if you have money to invest in Bitcoin then you may have to wait for a long time in profit. Therefore, if you don't have enough money to wait for a long time, you should not invest too much in Bitcoin, as many new people who come into trading think that trading is like a job from which we can get a monthly salary or daily income from which our house will run but it is not.

Except for a few big traders who have a lot of money and experience, not everyone can profit from trading all the time. So my advice is that if you are new then you should still understand trading and all the coins you want to buy and get knowledge about them before thinking of investment. You won't regret it later.

ndutndut
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June 11, 2024, 08:09:39 PM
 #38

If I had the understanding
Of bitcoin when I was financially alright, by now I would have gotten a
Strong Financial support investing bitcoin.

It is never too late to start from somewhere, bitcoin will always present you with the opportunities needed to make it and live by hope, if you can take decision today and start from somewhere, you may not have to remember the past again than having focus on the future, you should also be grateful that if you had invested long time ago, you might have lost your asset due to any silly mistake and missed out as well on that opportunity of securing it.
Don't ever think that Bitcoin investment is too late because Bitcoin is an asset of the future and of course Bitcoin investment will create financial freedom in the future. Use past regrets as motivation to move forward. In the past, maybe we were stupid and didn't understand Bitcoin technology, but now that we have studied and know how Bitcoin works, we should prepare assets for the future from now on. Buying bitcoin doesn't require a lot of capital with little money, you can also buy it in stages, so don't waste this opportunity, especially if you already have fairly stable finances.

Remembering the past will make us lulled with regret, now you have to look forward because bitcoin will change your life someday but you should not have the mindset that investing in bitcoin will make you rich quickly, that is wrong. You can become rich because of Bitcoin but it takes a process, time and of course patience.

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