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Author Topic: People I think should stay away from bitcoin investment.  (Read 1406 times)
Josefjix
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April 30, 2025, 04:59:59 PM
 #161

Impatient people should stay away from bitcoin, bitcoin is not a quick money scheme it requires days, weeks and years of constant learning. It’s not magic when you see people celebrating their success on bitcoin it’s years of constant working.
It's also mandatory too to teach these people that Bitcoin working principle doesn't suit that way, nothing on earth planet works quickly even the creation of God takes time too to manifestation. It's advisable to sensibly let these investors understand the basic skills required, the patiency attitude it takes, the behavioral habit and pattern to learn, break before reaching that height of greatness.

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


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April 30, 2025, 05:14:04 PM
 #162

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

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May 01, 2025, 03:10:19 AM
 #163

Impatient people should stay away from bitcoin, bitcoin is not a quick money scheme it requires days, weeks and years of constant learning. It’s not magic when you see people celebrating their success on bitcoin it’s years of constant working.
This kinda reminds me of people over social media who complained that they are losing from investing in bitcoina despite bitcoin doing 6x easily when it hits ATH. guess what, they just keep buying high and selling low due to them unused to the fear of slight dump and that they thought investing in bitcoin will only take 1-2 months at most and they'd become rich after that. They were really wrong.

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

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

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May 01, 2025, 10:45:05 PM
 #164

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

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May 01, 2025, 11:56:05 PM
 #165

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

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May 02, 2025, 10:02:12 PM
 #166

Knowledge and understanding are also essential in bitcoin investment, so those who lack knowledge and understand about bitcoin investment should just avoid it, because if they invest in bitcoin with ignorance sorry is their name.
For those people who think that Bitcoin is not a good plan to invest in and special this picture is for them.



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

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May 02, 2025, 10:26:29 PM
 #167

Those who can't afford potential looses and are not comfortable with the market volatility should just stay away from investing in bitcoin, for the game in bitcoin investment is not for them
Of course, we must accept the potential losses before we invest in Bitcoin. We must also understand the nature of crypto market and knows the volatility of the price. This is fundamental things, all investors should realize them. It is strange if there are people who invest in Bitcoin but they don't accept the potential losses and they aren't familiar with crypto market.

Those seeking for short term profits should just stay way from bitcoin investment, for Bitcoin investment doesn't give short term profits, where those category of people belong is cryptocurrency trading and not bitcoin investment.
For the optimum profits, investing in Bitcoin should be long term. At least, we hold Bitcoin for 3-4 years. However, I don't see a problem if there are people who want to invest in Bitcoin for a short term. They can hold for few weeks or few months, depending on how their targets on taking profits. Bullrun season is good time to apply "short term" plan besides we keep focusing on our long term holding.

Knowledge and understanding are also essential in bitcoin investment, so those who lack knowledge and understand about bitcoin investment should just avoid it, because if they invest in bitcoin with ignorance sorry is their name.
Yep. Besides having good mentality as an investor, knowledge is also the key factor in investment. It is a bit similar with trading that knowledge has the biggest role to determine the success. So we must ensure that we have proper knowledge first before we begin our investment in Bitcoin or altcoins. If we still have lack of knowledge, the solution is to focus on learning firstly.


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May 02, 2025, 10:32:13 PM
 #168

Staying away from Bitcoin is one of the worst decisions someone could make. Of course you won't make as big as a profit compared to if you bought in 2012 but Bitcoin still has room to grow. The people that have no btc will be left behind so they should get in while they still can.
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May 02, 2025, 10:51:37 PM
 #169

Impatient people should stay away from bitcoin, bitcoin is not a quick money scheme it requires days, weeks and years of constant learning. It’s not magic when you see people celebrating their success on bitcoin it’s years of constant working.
It's also mandatory too to teach these people that Bitcoin working principle doesn't suit that way, nothing on earth planet works quickly even the creation of God takes time too to manifestation. It's advisable to sensibly let these investors understand the basic skills required, the patiency attitude it takes, the behavioral habit and pattern to learn, break before reaching that height of greatness.

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

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

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May 02, 2025, 11:02:19 PM
 #170

Staying away from Bitcoin is one of the worst decisions someone could make. Of course you won't make as big as a profit compared to if you bought in 2012 but Bitcoin still has room to grow. The people that have no btc will be left behind so they should get in while they still can.
if you start by buying bitcoin now and hold for like 10 years or more you still be in massive profits like those people who bought bitcoin in 2014, because from this statement of yours above I see you are feeling discourage and you are regret why never bought back then in 2014.

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May 03, 2025, 05:11:17 AM
 #171

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

If they want to search for a short term profit, they must learn about trading so they can trade without a problem. But they must know that the market is unstable. Those who lack knowledge of Bitcoin investment better not to try to invest in Bitcoin.
It is also important to understand your financial situation. If we are talking about the last money that is really squeezing the family budget, then investing such funds can become a serious problem. Often, quite poor people cannot afford to keep invested capital for a long period of time. Force majeure circumstances occur that force people to turn again to the money that was invested and brought profit. This is an important problem.

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