Hiccups that can occur during Bitcoin investments.

[Adbitco]

That is in essence, what are some recurring hiccups, that could hinder a successful Bitcoin investment plan?

procrastination is one of the hindering tools that has hinders many people currently and i can used a friend of mine to give an example.. forward back then when bitcoin was around 20k dolls and he called me when is the best time to invest in bitcoin and i told him now (then) is the right time and he said, "can we watch to see if the price could go dipper before investing" and i said is your choice provided that you haven't made your mind to invest in bitcoin you can start when you feels the price is okay for you, that was how he delayed to till date and never invested. Last week he saw me and started regretting why he didn't adhered to my instruction of telling him to invest at that time, now he has no face to keep asking me when to invest again because he knew the price is not that favorable for him again, so he chatted me and said after bull run he would wait for the next bear run, i didn't respond to him.

[Gladitorcomeback]

If you want no 'hiccups' here is what you need to do:

1. Buy bitcoin.
2. Hold. Forget about the price.
3. Don't sell for another 10 years.

Wash, rinse, repeat (DCA). The troubles newbies get into stem from getting nervous about buying and selling.

It's all about patience. Do you think a person can buy Bitcoin and forget about it if they aren't patient by nature? It's naturally not possible for them to not look at the market or their portfolio to find out how their investment is doing because there will be a general instinct that will pinch you every time to just have a look at their wallet, the urge won't let you stay away from it for even a few days, leaving it for years without looking is unimaginable.

If someone is patient, they have a nature that doesn't make them too eager or initiate an urge to keep looking at the market and then at the wallet, such a person can keep holding for a longer period depending on how much they understand the market as well. Lack of knowledge often makes people sell at dips because they feel it's the end, now their money will be gone if they don't sell.

[yhiaali3]

I don't see any recurring obstacles that can hinder a Bitcoin investment plan other than price volatility. The mistakes that occur when the price drops are unjustified fear and selling at a loss. This is the biggest mistake that a Bitcoin investor makes in the long run.

The other mistake is less than the first but it is also a result of price volatility, which is greed. When Bitcoin rises a little, some people rush and sell immediately. Although they have made some gains, it is better to wait until they get the highest and best prices.
So in general, it can be said that it is fear and greed.

[Luzin]

I don't see any recurring obstacles that can hinder a Bitcoin investment plan other than price volatility. The mistakes that occur when the price drops are unjustified fear and selling at a loss. This is the biggest mistake that a Bitcoin investor makes in the long run.

We can solve all problems about investment if we understand the risks that will be faced and how to solve them. All of that will feel easier to overcome or not to happen by continuing to learn a lot. Those who tend to learn a lot and are experienced will easily face problems. I think it all depends on what they have in each person. So not everyone can have diverse problems and the solutions are also varied.

[Floxynice]

I think one major hiccup that might eventually be a challenge to newbie investors is too much anxiety. Everyone already knows that bitcoin price fluctuates, with the price fluctuations, investors who know what they are doing will remain relaxed, waiting for the right time to buy or sell.

But when the investor becomes restless and too anxious, it is bad for investment because he might be making lots of wrong decisions which may affect his profitability.

[FortuneFollower]

I think one major hiccup that might eventually be a challenge to newbie investors is too much anxiety. Everyone already knows that bitcoin price fluctuates, with the price fluctuations, investors who know what they are doing will remain relaxed, waiting for the right time to buy or sell.

But when the investor becomes restless and too anxious, it is bad for investment because he might be making lots of wrong decisions which may affect his profitability.

Investing may only be done with a cool head intact and a good mood overall. Otherwise, it may end up badly, with greed and temptation taking over.
Thus, trading sessions may only be done when you are ready for them and for the profit at hand.

[o48o]

Are there any recurrent hiccups that can happen at the initial stage, that needs to be noted, when an investor just begins investing in Bitcoin and also when he/she is trying to replicate a previous bitcoin investment strategy for good returns?

That is in essence, what are some recurring hiccups, that could hinder a successful Bitcoin investment plan?

Falling for fud is one. Studying why it's valuable in the first place is a good start. Otherwise any made up fud can change your opinion about it, and you are easily convinced that it could fall.

That's what was my mistake at the beginning anyway. If i would have listened Andreas Antonopoulos before investing, i would have so much stronger hands. That's the one who calmed me down later, but everyone should watch his videos.

[Smartprofit]

Are there any recurrent hiccups that can happen at the initial stage, that needs to be noted, when an investor just begins investing in Bitcoin and also when he/she is trying to replicate a previous bitcoin investment strategy for good returns?

That is in essence, what are some recurring hiccups, that could hinder a successful Bitcoin investment plan?

The most important thing in investing in Bitcoin, in my opinion, is not to sell the asset (thereby fixing the loss).

A cryptocurrency trader who is used to buying and selling alternative cryptocurrencies knows that almost all alternative cryptocurrencies lose their value over time.

However, Bitcoin is a deflationary asset, a recognized international protocol for transferring value in virtual space. It tends to appreciate over time.

Therefore, in relation to Bitcoin, there is no need to be afraid of its price falling. When the price of Bitcoin falls, you can safely buy this asset at a lower price and expect that sooner or later this investment will bring you profit.

[DaNNy001]

That is in essence, what are some recurring hiccups, that could hinder a successful Bitcoin investment plan?

procrastination is one of the hindering tools that has hinders many people currently and i can used a friend of mine to give an example.. forward back then when bitcoin was around 20k dolls and he called me when is the best time to invest in bitcoin and i told him now (then) is the right time and he said, "can we watch to see if the price could go dipper before investing" and i said is your choice provided that you haven't made your mind to invest in bitcoin you can start when you feels the price is okay for you, that was how he delayed to till date and never invested. Last week he saw me and started regretting why he didn't adhered to my instruction of telling him to invest at that time, now he has no face to keep asking me when to invest again because he knew the price is not that favorable for him again, so he chatted me and said after bull run he would wait for the next bear run, i didn't respond to him.

Definitely something that has caused major setback for investors and also aspiring investors too, infact procrastination itself is a devil that has effect on so many area of one's life not only in the aspect of investment in Bitcoin. Sometimes we do these things without even knowing the effect it cause, that same old lie that you would keep telling yourself that you would do over and over again is just something that one should tackle if he does want to grow or even start at all with Bitcoin as investment asset.

[Z-tight]

Therefore, in relation to Bitcoin, there is no need to be afraid of its price falling. When the price of Bitcoin falls, you can safely buy this asset at a lower price and expect that sooner or later this investment will bring you profit.

Investors that have been in the network for a longer time and who understand BTC very well see every dip in price as a chance to buy BTC, it is the newbies and weaker hands that are more concerned about dips in price and they are quick to sell their coins in reaction to any minor fud. However, we must understand that not everyone can see BTC the way we do, that's why most people would worry when they see their asset losing value.

[Silberman]

Nope, as long as you know what you're doing then no such thing happens. I've been investing in Bitcoin from a long time and I never faced any kind of fear or hiccups, I'm also a trader and I do trade on daily to weekly basis and so far the experience has been good for me.

Those people who aren't well aware about Bitcoin or lack technical knowledge to protect their Bitcoin and other crypto assets might have those hiccups but not everyone.

This, someone that understands clearly what bitcoin is about and has realistic goals about what they can achieve will never fear the short term drops on the price of bitcoin, and instead they will use them as an opportunity to accumulate even more coins, only those that came with a superficial knowledge or had exuberant expectations about the market will suffer setbacks from the volatility of the market, but that is entirely on them and bitcoin has really nothing to do with it.

[BlackBoss_]

Investors that have been in the network for a longer time and who understand BTC very well see every dip in price as a chance to buy BTC, it is the newbies and weaker hands that are more concerned about dips in price and they are quick to sell their coins in reaction to any minor fud. However, we must understand that not everyone can see BTC the way we do, that's why most people would worry when they see their asset losing value.

Investors in Bitcoin market for a long time will understand more about Bitcoin from technical design, to financial aspect and how it works in one market cycle and in history.

Bitcoin profitable days chart is an interesting one with % profitable days holding Bitcoin is 97.0% as of writing.

HODL camp and Bitcoin ROI chart can give them more information of HODL strength and help increasing their strength to hold bitcoins.

[reagansimms]

I don't see any recurring obstacles that can hinder a Bitcoin investment plan other than price volatility. The mistakes that occur when the price drops are unjustified fear and selling at a loss. This is the biggest mistake that a Bitcoin investor makes in the long run.

Basically, Bitcoin investment is not much different from other investments, investors try to take advantage of price differences to make a profit. Once you are in the Bitcoin investment space, then you have to be the type of investor who dares to take risks. When the price starts to fall, especially if it is below the tolerance limit, investors must remember one thing, Bitcoin prices tend to fluctuate because after a decline there will usually be an increase. In addition, investors must believe in Bitcoin's fundamentals which are strong and stable enough, so never be afraid to hold it in the long term, especially for those who have plans to invest more assets in the form of Bitcoin.

[pakhitheboss]

I think there are a few issues that a new investor faces when investing in Bitcoin are FOMO, volatility and FUD. These three will lead to the investor losing his or her patience resulting in taking a wrong decision. Almost every first time retail investors will have a panic attack when Bitcoin plunges into the red zone. It is very important to always keep in mind that Bitcoin investment is not a quick money making scheme. Like all investments it does need time to grow and succeed.

[tranthidung]

I think there are a few issues that a new investor faces when investing in Bitcoin are FOMO, volatility and FUD. These three will lead to the investor losing his or her patience resulting in taking a wrong decision. Almost every first time retail investors will have a panic attack when Bitcoin plunges into the red zone. It is very important to always keep in mind that Bitcoin investment is not a quick money making scheme. Like all investments it does need time to grow and succeed.

Retail investors usually join the market with money after several months of consideration and hesitation. When they join it, the market tends to go to very final phases and newbie retail investors don't have knowledge and experience to smell market tops and distribution phases.

Let me emphasize, I can not know market ATH and when too, don't ask me. But when many newbies ask you about this market, want to join it, they only see rosy opportunistic investment journey, it is big red flag that bear market is coming.

Bitcoin price history, ATHs and bottoms.
Are you ready for the Bitcoin bull market? What's your plan? Some ideas for you

[Zlantann]

Investors that have been in the network for a longer time and who understand BTC very well see every dip in price as a chance to buy BTC, it is the newbies and weaker hands that are more concerned about dips in price and they are quick to sell their coins in reaction to any minor fud. However, we must understand that not everyone can see BTC the way we do, that's why most people would worry when they see their asset losing value.

Experience could be an advantage in investments but learning is also important. Some of us have not been in the Bitcoin space to complete the four years circle but FUD does not move us. The reason is simply because we are fortunate to be in a forum where experienced members discuss their wealth of knowledge. One can assume that even if you have not been in the industry for a long time but you spend time in learning, you might be able to overcome these hiccups.

Let me emphasize, I can not know market ATH and when too, don't ask me. But when many newbies ask you about this market, want to join it, they only see rosy opportunistic investment journey, it is big red flag that bear market is coming.

Some people have asked me how they will be able to identify ATH and when the price reaches the bottom. I usually inform them that Bitcoin price is unpredictable. They should have a well researched investment plan to guide them on when to enter or exit the market.

[tranthidung]

Some people have asked me how they will be able to identify ATH and when the price reaches the bottom. I usually inform them that Bitcoin price is unpredictable. They should have a well researched investment plan to guide them on when to enter or exit the market.

They can not know it is bottom when Bitcoin reaches it, and they only know that is a bottom months later when Bitcoin rallies and warms up for its bull run. Because to know it is a bottom, you need confirmations that need weeks or months to be sure.

Similarly with ATH, you can not know that is ATH when it happens, and only can be sure it is ATH months later when distribution phase lasted for a while and bear market is in the air.

If you want to bargain with the market, try purchasing in bottom area and selling in ATH area. You will never catch absolute bottom and ATH, it's impossible mission. Dollar Cost Averaging DCA is a helpful strategy, no need to find absolute bottom and ATH with this strategy.

[AmoreJaz]

I don't see any recurring obstacles that can hinder a Bitcoin investment plan other than price volatility. The mistakes that occur when the price drops are unjustified fear and selling at a loss. This is the biggest mistake that a Bitcoin investor makes in the long run.

Basically, Bitcoin investment is not much different from other investments, investors try to take advantage of price differences to make a profit. Once you are in the Bitcoin investment space, then you have to be the type of investor who dares to take risks. When the price starts to fall, especially if it is below the tolerance limit, investors must remember one thing, Bitcoin prices tend to fluctuate because after a decline there will usually be an increase. In addition, investors must believe in Bitcoin's fundamentals which are strong and stable enough, so never be afraid to hold it in the long term, especially for those who have plans to invest more assets in the form of Bitcoin.

You should only invest on any type of asset if you truly believe its potential as well as you also have the knowledge to understand the aspects surrounding about the project. Because if you have no idea what you are going into, you can easily be swayed by the opinion of others. At least, educate yourself about the significant angles of that particular investment.