Learn and observe the market

[Dr.Bitcoin_Strange]

Well, there's a saying that Bitcoin investment is not a get-rich-quick scheme or a get-poor scheme. So, if an individual is investing in Bitcoin, they should be aware that volatility is one major character of Bitcoin; even if the price drops, it will definitely surge high again. While some investors also prefer to invest in only altcoins, it should be done smartly because there are some altcoins that will dump and will not rise again, and it could be that they must have pumped before the investors bought them, so an altcoin investor should only invest the amount they can afford to lose and also should be smart enough to know when to sell off and take profit.

[rachael9385]

With all being said, it's still all about making profits if we're actually hodling for investment the difference motive of bitcoin is the alternative means to execute payments.
It's normal for investors being sentiments with the market changes but the truth is that your grieved emotions wouldn't make different to the market price.

The reason why person dey do investments nah because em want to get profits, so as Bitcoin investment dey concern, nah profits nah person wey invest in am still want. But watin I gets to talk be say, when you want profits from Bitcoin investment, make you also know say no be something wey go come quick quick because Bitcoin investment no dey like that, and you go also make sure say you constantly dey invest and accumulate for long term, like 5 to 6 years or 10 years if possible.
For Bitcoin investment, you really need to get enough patience because if you no get patience, when Bitcoin price go reduce you fit go sell your coins out of fear say all your money to loss. So patience nah something wey Bitcoin investors really need, and if I am not mistaken, nah this patience wey some pipo no get nai make them dey go into Bitcoin trading.
However, to dey look market all the time no be my kind of thing as I like am at all because I feel am say most of the times when you dey look am, e no dey motivated mostly when Bitcoin price dey reduce. Although I know know for others but e dey obvious say person wey dey do long term investment no supposed to dey always look the market as sometimes e fit make am not to buy.
Because of these fears wey dey inside some investors mind nai make DCA method be the best method them go use dey buy Bitcoin as DCA method make anybody buy Bitcoin even when price dey high or dey low.

[Derek jnr2001]

Many of us that have been in the crypto market for sometime, we have come across different seasons in the market which can be increase in price and decrease in price. I just hope our interest in the market is not just only anticipating to make profit in the market, but we should be able to learn from the market and observe the market very well. Observing the market gives good knowledge about the crypto market, knowledge that can help one to stay calm even when the market is going down knowing that it will later come up. With the movement of the market investor needs to understand that crypto profit is not what one needs to rely on.
I urge every beginners to take note of every even that has been happening in the market, it will change the wrong mindset of about cryptocurrency and it will also help one to make good plans for every investment.  Getting profit shouldn't be all we are waiting for but to also learn from the market events .

You're right understanding  the market very well is what every newbies need to know before looking out to invest, investing when you don't even have understand about how the crypto market works is very wrong because if you don't really understand how it works It will be very difficult for you to know the steps to take. Of course as long as crypto investment is concerned there are two things involved and this things are. is either you lose or you gain we always learn from our past experience if it's a good one we will pray to happen again, but if it's bad experience then we have to make corrections that's how it is.

[NurseHub]

From what I understand about observing the market it means not investing or taking part in the market but staying out and figuring out what is really happening around the market.

If that is what you are taking about then I don't agree whit that, I prefer to be part of the market and learn than observing the market.
It's good to learn but for me learning comes from experience and experience comes from practicality which means I will have to be part of the market already.

If I learn from others experience i will definitely not need to observe before I go into it but I will depend on my experience and the experience shared by others too.

[Olatundespo]

There are educational things happening in the Bitcoin market every day for new investors. Your top priority for investing in Bitcoin should be to ensure you have one or more sources of sufficient income as you follow the process of depositing a targeted amount every week or every month. Initially you should focus yourself on accumulating bitcoins later you can take any decision as per your experience. Beyond conventional knowledge about the crypto market, it is important to keep many observations that can increase your profits. You also need to invest up front to increase your knowledge base by observing each dip and increasing the buying trend at that time. Even in bullish times you should keep in mind the recommendation to maintain your holdings and limit your buying volume.

[Bryan jessy]

But majority is so much interested in making profit rather than learning the fall and rising of the price because they are afraid of losing their investment. I think this thread will be of great help to us newbies who are just new in the system, since you made it clear that we should observe and learn from the market instead of just paying all attention in the profit aspect of it. I would really love to observe, participant in the marketing aspect to know how it works and to have a good knowledge about it. But also I thought the main reason people get involved in investments is to gain a profit at the end of it all after learning and understanding the whole processes involved because one can not engage on something you have no idea of.

[Juicyhome]

But majority is so much interested in making profit rather than learning the fall and rising of the price because they are afraid of losing their investment. I think this thread will be of great help to us newbies who are just new in the system, since you made it clear that we should observe and learn from the market instead of just paying all attention in the profit aspect of it. I would really love to observe, participant in the marketing aspect to know how it works and to have a good knowledge about it. But also I thought the main reason people get involved in investments is to gain a profit at the end of it all after learning and understanding the whole processes involved because one can not engage on something you have no idea of.

@Bryan Jessy for us to maximise our profits that's why we need to learn and observe the market margins. Do not rush to sell or buy until you set your profile or lose spot. Before investing in Bitcoin one should know the market by itself, learn from successful traders, who's willing to teach you to be successful before investing,  don't let third party to manage it for you. It's happens to me, I invested $200 in 2020 in Shiba coin, when I have no idea about it, someone introduced it to me, he managed the coin, till date I don't know how I lost the money, he told me Shiba lost value because of bitcoin fall in 2020. I have to accept it.  Till date no income from the $200 investment. Whenever I asked him he keep giving excuses, so I let it go, today I have little knowledge about cryptocurrencies and no one will cheat me again.

[asarfiar]

Many of us that have been in the crypto market for sometime, we have come across different seasons in the market which can be increase in price and decrease in price. I just hope our interest in the market is not just only anticipating to make profit in the market, but we should be able to learn from the market and observe the market very well. Observing the market gives good knowledge about the crypto market, knowledge that can help one to stay calm even when the market is going down knowing that it will later come up. With the movement of the market investor needs to understand that crypto profit is not what one needs to rely on.
I urge every beginners to take note of every even that has been happening in the market, it will change the wrong mindset of about cryptocurrency and it will also help one to make good plans for every investment.  Getting profit shouldn't be all we are waiting for but to also learn from the market events .

Observing the crypto market through direct and indirect investing with all the campaign experience required knowledge and insight. I think a good knowledge of the cryptocurrency market is gained through an advertising campaign that is up-to-date on trends. To reach your corporate goals you need to acquire specific knowledge of the market by someone with in-depth knowledge of crypto. Not only that investing in crypto will be our main goal, but the benefits of digital currency investment demand regarding the crypto market can prove to be significant. So I think Bitcoin investment as digital currency of cryptocurrency will have a far expansion in future.

[Salahmu]

With the movement of the market investor needs to understand that crypto profit is not what one needs to rely on.

Not at all except those wey dey trade am and  no be every trader dey make profit. So don't only depend on crypto, find other hussle join body.

Na true you they talk because no be everybody way claim say them they trade na in they make better profit, so e no go make sense if people just leave other things way go help them better there live come they put am for crypto, so true true we no say crypto good but e make more sense if person get other things way way him they do so that e no go affect am because when people they depend on the profit way them go get from there trading to use am chop fit no happen all the time because no matter how person think say them sabi trading them go always they lose trading.

So the only way person go take enjoy in Bitcoin investment or trading na only when them get better business way they also give them money because already our elders done talk say anybody way put all the egg way him get for one basket no they try because when the thing go fall no egg go remain for am.

[I_Anime]

But majority is so much interested in making profit rather than learning the fall and rising of the price because they are afraid of losing their investment. I think this thread will be of great help to us newbies who are just new in the system, since you made it clear that we should observe and learn from the market instead of just paying all attention in the profit aspect of it. I would really love to observe, participant in the marketing aspect to know how it works and to have a good knowledge about it. But also I thought the main reason people get involved in investments is to gain a profit at the end of it all after learning and understanding the whole processes involved because one can not engage on something you have no idea of.

is always good to gather more knowledge about this space, but as an bitcoin long-term investor checking the market always can be a test to one emotion especially for those that are new to bitcoin, because most people cant bare seeing their bitcoin stashes value going down due to decrease in market price, so it may endup triggering the of one losing his money which may lead them selling in loss thinking the price won`t bounce back, thinking they are cutting losses.

But at the end the price endup bouncing back and they will eventually miss out because they sold their bitcoin in losses. like for instance that dip that took place days back alot of folks that dont understand bitcoin sold theirs in loss and now look bitcoin rose back and alot folks are regretting taken such  decision of selling their bitcoin in loss.

[HajiBagi]

Many of us that have been in the crypto market for sometime, we have come across different seasons in the market which can be increase in price and decrease in price. I just hope our interest in the market is not just only anticipating to make profit in the market, but we should be able to learn from the market and observe the market very well. Observing the market gives good knowledge about the crypto market, knowledge that can help one to stay calm even when the market is going down knowing that it will later come up. With the movement of the market investor needs to understand that crypto profit is not what one needs to rely on.
I urge every beginners to take note of every even that has been happening in the market, it will change the wrong mindset of about cryptocurrency and it will also help one to make good plans for every investment.  Getting profit shouldn't be all we are waiting for but to also learn from the market events .

This is what everyone should learn before getting into cryptocurrency, before we should put our money in crypto we should understand that we should not be buying expecting profit all the time that we invest sometimes the price of a coin can increase or decrease at any time, and we should not be deceive by the people who claim that there’s profit in crypto, although there’s profit you have to understand that when you invest you have to keep your investment to make sure you earn a profit from it before you sold it so that you can earn profit from it.

This is where Many newbies find it difficult to understand, you have to understand market events, and many people don’t understand the market conditions and that is why the market is down they will be panicking about it, for someone to be a good investor you have to understand much about cryptocurrency because there are a lot of things someone needs to know before buying any coins.