Buy the DIP, and HODL!

[Justbillywitt]

Those who invest in Shitcoin, whether new or old, have a lot of greed. It doesn't matter whether the holder is new or old, the point is that if we target Bitcoin, which coin we are targeting, then our goal will be successful. And if we invest in Shitcoins with the aim of making more profit, then we can lose all our money, you can be sure that investors in Shitcoin can never be successful.

In my opinion the tendency to greed exists in all people. However those who are excessively greedy and eager to earn excessive profits and looking for a way to get rich quick they find it most appropriate to invest all their money in Shitcoins. Although I also have variations in the investment portfolio, I am still investing in Bitcoin instead of wasting more time with these coins and wasting money.

In fact those who are investing in the shit coins will never proudly say that they have never been in trouble, that is their money has never been at risk. So my advice is that Bitcoin investment is the best of all investments, so it should be accepted and the risk of losing money with Bitcoin is very small.

It is true that greed or the desire to make big profits is a common human trait. This is where knowledge in investing is important, it is important to understand that no investment is completely risk-free, that all coins in this industry have their own risks. Before investing, it is better to understand first and do in-depth research is the main key so that the decisions we make are not misguided. Yes, my investments vary, but only 3 altcoins, and that is only 20 percent of my investment portfolio,

I don't care if it's only one or any number. Just remember that those shitty coins are not worth investing on and I will advise you to do away with them immediately and never go back to investing your money those worthless and shitty coins. Neither should you encourage anyone to invest in anything order than bitcoin. Bitcoin is the only coin that's worthy of being invested on. Bitcoin will give you what those shitty and worthless coins can't give you in a lifetime. So the earlier you run away from them, the better it will be for you. And it's not advisable for you to come to a major thread as this that is specially dedicated for bitcoin discussions and talk about altcoins. If you are new here, please know that we don't encourage that here.

the rest I invest in bitcoin. Of course we agree that bitcoin has proven to be one of the most stable and widely recognized cryptocurrency assets. With increasing adoption by institutions and individuals, many believe that Bitcoin has the potential to be a better store of value than many altcoins.

You better channel all your investment in bitcoin and stay clear off any shitty coins that are continually being shipped into the market. Bitcoin is the most reliable coin and the most adopted. Secondly bitcoin is not stable coin, rather a reliable coin. I guess that's the right term you were trying to use. Please take note of that. Another thing I observed from your post is, where you said bitcoin is ( one of the most widely recognised coin), it seems you are trying to compare it or categorising it alongside something else which I don't know. Just to set the record clear, bitcoin has no equal or comparison out there. Bitcoin is on a league of it's own without any equal.

[Mayor of ogba]

[edited out]

.....However, I will not agree with you on the aspect that Bitcoin is not the only asset to invest in unless you add more clarifications to that statement because it is sounding as if you are supporting the idea of investing in shitcoins. There are other assets like you said but they are generally shitcoins that have so much risks attached to them. If we allow the idea that there are other assets to thrive, then it could be a motivation for people to start looking for other alternatives and this will make them end up investing in shitcoins and at the end lose their money. Bitcoin is just enough for anyone willing to invest for the future, so our efforts should be on how to buy and hold Bitcoin and nothing else.

I would suggest that newbies do not waste time, energy and/or money on shitcoins, and that they try to figure out and prioritize bitcoin  first,  including that if they are not able to help themselves in regards to looking into shitcoins, then they should not invest any more than 10% of their time, energy and/or value into shitcoins as compared to how much they are investing into bitcoin.

Even old investors might still run into problems if they get too comfortable with investing in shitcoins. You will agree with me that there this confidence that subtly creeps in when someone do something and succeed once or twice. With shitcoins, it could be a trap for even experienced investors who may end up with the illusion that shitcoins is where the money is even though some later end up getting poorer with time as they continue to jump from one shitcoin to the other. If you are active in some of the social media, you will see some self acclaimed experts who knows the shitcoins that will pump and bla bla bla, those are not newbies but old investors who are just toeing the wrong path. My point is that both newbies and old investors should focus more on Bitcoin because overtime Bitcoin will actually make one richer and more comfortable and the risk of loosing ones money is very small with Bitcoin, if not completely absent.

Those who invest in Shitcoin, whether new or old, have a lot of greed. It doesn't matter whether the holder is new or old, the point is that if we target Bitcoin, which coin we are targeting, then our goal will be successful. And if we invest in Shitcoins with the aim of making more profit, then we can lose all our money, you can be sure that investors in Shitcoin can never be successful.
 But those who have invested in Bitcoin, whether it is a small amount or a large amount, if the investment is long-term, then their success will be guaranteed, because Bitcoin is the only trusted coin. If you invest in Bitcoin, no matter how much money you invest, you can be successful and earn more benefits.

Success in Bitcoin is not guaranteed and the reason why we are advised that when we invest, it should be from our discretionary income because Bitcoin is not risk free so you shouldn't sound like it is risk free so will not end up misleading people in to thinking that Bitcoin is risk free with your expression we are only encouraging ourselves to put in good investment practices and not to say that success in Bitcoin investment is guaranteed, even though the risk can not be compared to that of the shit coins.

Even though bitcoin investment is not like any other investments where you can lose your money easily, I agree with you that success is not guaranteed in bitcoin investment, but investors are certain they will not lose all their money in bitcoin investment if they don't sell their bitcoin out of panic or fear. Since bitcoin investment is not risk-free, the best way to invest in bitcoin without having problems in sorting your daily expenses and becoming successful with your bitcoin investment is when you invest in bitcoin with your discretionary income or when you use the money you will not need for 4-10 years or more to invest in bitcoin so that you will not depend on your bitcoin investment to survive.

[JayJuanGee]

A low coiner is anyone who has not gotten enough BTC, and an overwhelming majority of the world's population are either no coiners or low coiners and many low coiners don't even realize that they are low coiners because they happen to have a few coins.  You, bittraffic, might be one of those smug low coiners who believe that they have enough when they do not.

I like this conceptual distinguishing the two investors. And from your definition, those who are earning from the forum are also classified as low coiners. Because many 99% are depending only on the forum campaigns earning and not really buying. And as you said the low coiners are more among the investors of bitcoin in the investment of bitcoin across the world. Many claim to have bitcoin but when you check it is just a fraction of it.

Over the past few years, I have been changing my own definition of low coiner, since even within the category of low coiner there are likely those who are trying as hard as they can to aggressively stack bitcoin  on a regular basis, and there are those who are not really trying hard enough because they do not realize that they are a low coiner  (or they think that they have enough).   

I am not  sure if it would be better to have differing names for  these two type of low coiners, since I used to suggest that guys who are stacking as hard as they can, they are not really no coiners, since they are stacking to the best of their abilities.

And, yeah, we should not be  judging others, since each of us can ONLY try the  best that we can based on our own financial and  psychological circumstances, yet many of  us still realize that there are a lot of people who purposefully remain low coiners and no coiners, so in  that sense if we are merely a low coiner because we are still early,  then there is  still some  better chances that at some point we may well be able to graduate out of the category of low coiner and reach a status of having enough coins or having more than enough bitcoin.

~Snip

Yes sir, optimism must be there, especially if we invest in the long term, then everything we focus on we must convince ourselves that this is the best and will provide many benefits in the decades to come. In theory or data that we have seen so far or the last 10 years, of course there are many risks and we must admit it, the big risk is trusting assets to third parties and we can stay away from it to store assets in our own wallet.

Without knowing it well, perhaps we cannot be as optimistic as we are now about Bitcoin. I was not at all optimistic about bitcoin at first, even though bitcoin is clearly very different from other investment assets based on what has been explained. After getting to know Bitcoin and seeing it grow so rapidly, of course I can be very optimistic in the long term, whether as a store of value or a long-term investment.

Regarding storing bitcoin, it is certainly not recommended to store them online, let alone entrust them to third parties. Holders must store them in a personal wallet with the best security methods, regardless of how many bitcoin you currently have. There are too many risks in entrusting our bitcoin to third parties, so it is really not recommended.

There are a lot of risks with 3rd party custodians, yet no newbie should conclude that he has to start out with learning how to custody his bitcoin before he gets started buying bitcoin. 

Sure, you can recommend whatever obstacles that you like.  I personally believe that it is better to get started,  even if some of us might end up beginning our bitcoin purchases with the holding of our coins with third parties.  I think that it is a good goal for newbies to aim for putting most of his bitcoin within self-custodial wallets, yet I still do not consider self-custodial  wallets to be a prerequisite in terms of getting started investing into bitcoin.

A low coiner is anyone who has not gotten enough BTC, and an overwhelming majority of the world's population are either no coiners or low coiners and many low coiners don't even realize that they are low coiners because they happen to have a few coins.  You, bittraffic, might be one of those smug low coiners who believe that they have enough when they do not.

I like this conceptual distinguishing the two investors. And from your definition, those who are earning from the forum are also classified as low coiners. Because many 99% are depending only on the forum campaigns earning and not really buying. And as you said the low coiners are more among the investors of bitcoin in the investment of bitcoin across the world. Many claim to have bitcoin but when you check it is just a fraction of it.

Well is not everyone that can afford one BTC once and it's not necessary or fixed that one should start with one BTC and above ,

There is almost no  reason  to talk at all about having a goal of getting to  1 BTC, except for people who are already pretty well to do.

It is best to talk in terms of practicalities... and sure $10  might buy 10,000 satoshis or more,  and so surely any person could start out with reasonable goals that are within their budgets, maybe they start out shooting for the accumulation of 1 million satoshis, and  then they work towards 5 million  or 10 million satoshis, which will be great accomplishments for a lot of people.

Surely, I am not proclaiming that anyone should purposefully create whimpy goals, yet I am suggesting that they should attempt to be realistic, and figure out ways to work their way up to higher and higher levels of satoshi accumulation - and surely they should be abler to realize that the value of the satoshis are going to be ongoingly changing with the dollar (fiat) prices, so their accumulation of satoshis might be abstract in terms of measuring in connection with dollars or even measuring them in the abstract, even though at some point, each of us may well be able to consider that the number of satoshis accumulated may also, at some point start to represent, years and years of the ability to pay our expenses, which may well be a bit more of a tangible goal, yet at the same time, a goal that might not be clearly within reach of a newbie, even if the newbie might attempt to project his investment into bitcoin for 4-10 years or more into the future.

but with DCAing one can actually do that, those that are making some extra bucks in this forum through campaigns can also have enough bitcoin in their portfolio it all boils down to how persistent that investor is in his Bitcoin accumulation, there some folks that have been in this forum since 2021 earning through campaigns when Bitcoin price was still in the range of $20k , imagine you been paid $50 weekly then that would be 0.0025 BTC and that folks kept accumulating using is weekly pay without scraping a dime from it while he focus on his main business that help him handle his basic needs . Such folk would be able to gather such amount of Bitcoin over time , same goes for those that just started, your campaign earning can serve as a good DCAing , while you take care of your basic needs with your other or main source .

You are right 0.0025 bitcoin is 250,000 satoshis... so yeah, if they had been stacking 250k satoshis every week, they may well would have had been able to add up decent amounts of satoshis, even  though surely now, maybe those same campaigns might ONLY be paying somewhere in the ballpark of 50k to 80k satoshis per week, and so it can take a bit longer to stack a million or more satoshis,  even though many of us realize that stacking for 4 years or more can start to really add up to a  lot of satoshis  whether we are ONLY relying on signature campaign payments or we might be attempting t to supplement our signature campaign payments with additional BTC purchases.

I know that historically, I used to criticize some guys for ONLY relying  on their signature campaigns to stack bitcoin, especially when it sometimes seems clear that they are capable of earning more money in the real world and to be able to stack additional sats... yet surely at the same time, each person has differing circumstances in terms of how much money he earns in the real world and the extent to which he even is able to live well without having to tap into his signature campaign funds from time to time for his real world expenses... though I will agree that sometimes the amounts that sometimes seem to NOT be very much may well end up adding up to quite significant amounts, especially after a cycle of two of persistent, consistent and regular stacking.

Well is not everyone that can afford one BTC once and it's not necessary or fixed that one should start with one BTC and above , but with DCAing one can actually do that, those that are making some extra bucks in this forum through campaigns can also have enough bitcoin in their portfolio it all boils down to how persistent that investor is in his Bitcoin accumulation, there some folks that have been in this forum since 2021 earning through campaigns when Bitcoin price was still in the range of $20k , imagine you been paid $50 weekly then that would be 0.0025 BTC and that folks kept accumulating using is weekly pay without scraping a dime from it while he focus on his main business that help him handle his basic needs . Such folk would be able to gather such amount of Bitcoin over time , same goes for those that just started, your campaign earning can serve as a good DCAing , while you take care of your basic needs with your other or main source .

Every investor is different, sometimes they can buy 10 btc at once and sometimes they can buy 1 btc at once and there are also those who buy gradually to reach 1 Btc. It all depends on the financial aspect of each investor because investors are also included in 3 categories, some are rich, middle class and some are simple.

None of us should presume the status of newbie investors, yet I am  still going to proclaim that it is getting quite unrealistic for an overwhelming majority of normies to be believing that they need to reach 1 BTC in  order to become well off in bitcoin.  I think that they should just aim  for what they can, and sure there are still some minority newbie to bitcoin folks who can consider 1 bitcoin as a reasonable goal that they will be able to reach within a year or so, yet the overwhelming majority should be creating goals that are much more reasonable, practical and achievable.

Buying gradually is also not wrong because if the main target is for 1 btc they can start $50 routinely every day for a duration of 5 years if associated with a price of $90k. However, if they start with $50 every week they need 35 years to reach 1 btc at a price of $90k. But the price of bitcoin is not always the same so it's better to just start and buy routinely.

For sure, you are  correct.  We know that $200 per week  would  result in $10,400 invested over a year, and $104k invested after a year, so even with $200 per week, such person may or may not reach 1 whole  BTC after 10 years of investing.  So, in that regard, it seems to a bit outrageous to expect reaching 1 BTC in 10 years, especially if the guy likely has a budget of less than $200 per week.

I have no problem with guys setting aspirational targets that are high and potentially out of reach, yet at the same time, it seems to me that guys should be attempting to set reasonable and practical goals that can be achieved along the way in shorter timelines. In goal setting, it is a  quite good to have goals that push us to high limits, yet also to have intermediary goals that both allow us to meet them, yet also help us to feel  that we are making progress towards reaching the longer term aspirational goals, too.

The last few days were the best example in a long time that time in the market beats timing the market. The volatility was relatively significant, I am saying relatively because bitcoiners who have been around for a while know a different game than no coiners.
That is why the emotional aspect still comes into play here. I am used to bitcoin going down 10% in an hour or getting flash dumped or flash pumped. The day had come when I thought it doesn't matter whether I wait or not. Unless there is some profound analysis I can come up with based on my own research, but in reality there are countless of people having that informational advantage and exploiting it before I myself am getting close to cracking the intellectual nut...

I bet that some people thought it makes sense to wait when we quickly went below 80k and they thought it would go to 70k, then 60k, then 50k. This is how the brain mostly works for them. But if you have been around, bitcoin is as erratic as Trump I guess!   (in the short term...), but with way more reasonable upside potential, hehe.

It wasn't the "best" example but one of example of how bitcoin volatility works, Bitcoin had faced  worse so even with the recent dip we might not be seeing a real dip market but Panic, market reacting to some rumors &news  and manipulations somehow..

Bitcoin could go back to even 50k~60k which is how crazy the market could get interm of volatility but it happened before doesn't mean it will happen again [ that's why people that wait to buy could be very wrong in their decision making, even though they could be lucky with history repeating itself so they call it beign smart which i don't agree ...but normally someone with enough accumulation could actually buy dips by  waiting for some specificrange of buying points  but don't get me wrong it's buying of dip which is totally different form someone waiting for  the lowest bottom to buy, not for someone just starting out though] yet we are hoping the market to play according to history..

Hence, I don't see any emotion somehow, I see gamblers trying to make quick profit so when they can't get it quick they get frustrated  and pull out even in loss , losing even out of what they've tried to gambling... newbies can also get trapped especially when they are being greedy.

To me, it seems way better  to try to not overthink the matter, and  surely most newbies should be striving to buy bitcoin  on a  weekly basis, no matter what for a whole cycle or more.

Sure, it might make some of the newbies feel psychologically better to hold back some of their money for buying on dips, yet there surely are trade offs with holding off higher quantities of value and allowing for the DCA amounts to suffer (to be less) in the process of waiting for dips that may well end up not happening.

It  is even more problematic for people with  less discretionary income to be holding back waiting for dips, when they probably should attempt to be more disciplined in terms of trying to invest every week no matter what...yet anyone setting strict rules for themselves to buy bitcoin every week no matter what, they have to have decently strong cashflow management systems in place, which also can take quite a bit of time and effort to get cashflow management systems in such a good state that the person can structure buying bitcoin every week no matter what is the  BTC price.. and perhaps to continue to  engage in  such   behaviors for 4-10 years or longer and perhaps to reassess the status of such efforts at various points along the way, and since we likely can predict the bitcoin price to continue to be volatile, we can expect that the value of our bitcoin holdings to be  quite volatile too, so our  systems and our resolution  has to be strong enough to appreciate that there is likely to be value with our bitcoin investment down the road, and we are likely to be better off by investing into bitcoin  as compared with not investing into bitcoin, yet at the same time, we realize that there are no guarantees, so we have to figure out the amount of our investment into bitcoin based on quite a few unknowns, yet while attempting to put some systems into place in order to control the knowns that we are able to control, which is how much bitcoin are we buying every  week, for 4-10 years or longer.

[laijsica]

[edited out]

.....However, I will not agree with you on the aspect that Bitcoin is not the only asset to invest in unless you add more clarifications to that statement because it is sounding as if you are supporting the idea of investing in shitcoins. There are other assets like you said but they are generally shitcoins that have so much risks attached to them. If we allow the idea that there are other assets to thrive, then it could be a motivation for people to start looking for other alternatives and this will make them end up investing in shitcoins and at the end lose their money. Bitcoin is just enough for anyone willing to invest for the future, so our efforts should be on how to buy and hold Bitcoin and nothing else.

I would suggest that newbies do not waste time, energy and/or money on shitcoins, and that they try to figure out and prioritize bitcoin  first,  including that if they are not able to help themselves in regards to looking into shitcoins, then they should not invest any more than 10% of their time, energy and/or value into shitcoins as compared to how much they are investing into bitcoin.

Even old investors might still run into problems if they get too comfortable with investing in shitcoins. You will agree with me that there this confidence that subtly creeps in when someone do something and succeed once or twice. With shitcoins, it could be a trap for even experienced investors who may end up with the illusion that shitcoins is where the money is even though some later end up getting poorer with time as they continue to jump from one shitcoin to the other. If you are active in some of the social media, you will see some self acclaimed experts who knows the shitcoins that will pump and bla bla bla, those are not newbies but old investors who are just toeing the wrong path. My point is that both newbies and old investors should focus more on Bitcoin because overtime Bitcoin will actually make one richer and more comfortable and the risk of loosing ones money is very small with Bitcoin, if not completely absent.

Those who invest in Shitcoin, whether new or old, have a lot of greed. It doesn't matter whether the holder is new or old, the point is that if we target Bitcoin, which coin we are targeting, then our goal will be successful. And if we invest in Shitcoins with the aim of making more profit, then we can lose all our money, you can be sure that investors in Shitcoin can never be successful.
 But those who have invested in Bitcoin, whether it is a small amount or a large amount, if the investment is long-term, then their success will be guaranteed, because Bitcoin is the only trusted coin. If you invest in Bitcoin, no matter how much money you invest, you can be successful and earn more benefits.

Success in Bitcoin is not guaranteed and the reason why we are advised that when we invest, it should be from our discretionary income because Bitcoin is not risk free so you shouldn't sound like it is risk free so will not end up misleading people in to thinking that Bitcoin is risk free with your expression we are only encouraging ourselves to put in good investment practices and not to say that success in Bitcoin investment is guaranteed, even though the risk can not be compared to that of the shit coins.

Even though bitcoin investment is not like any other investments where you can lose your money easily, I agree with you that success is not guaranteed in bitcoin investment, but investors are certain they will not lose all their money in bitcoin investment if they don't sell their bitcoin out of panic or fear. Since bitcoin investment is not risk-free, the best way to invest in bitcoin without having problems in sorting your daily expenses and becoming successful with your bitcoin investment is when you invest in bitcoin with your discretionary income or when you use the money you will not need for 4-10 years or more to invest in bitcoin so that you will not depend on your bitcoin investment to survive.

Bitcoin investment may not be fundamentally different from other investments, but it can be risky due to the excessive volatility of the price. The risk of losing must exist for traders who are in a trading mood. If any new Bitcoin investor hears you, they will be greatly discouraged from investing, so they should be encouraged. Price volatility will be scary and disconcerting for new investors but I agree with the advice you gave. Price declines and panic create investment challenges. Consider your Bitcoin holdings with family maintenance. The scope of buying should be increased based on favorable conditions to take Bitcoin to the target level.

[retreat]

It is wrong to try to force someone who have no knowledge about Bitcoin to invest in bitcoin.  The first thing to let one know while introducing bitcoin shouldn't be to buy bitcoin, the first thing should be volatility of the market and security and self-custodial wallet,  after all these you can proceed to how one can buy bitcoin(strategies). Buying should be the last thing to introduce to beginners about bitcoin because if you are too fast to convince someone to buy, it will be very difficult for the person to cope with market volatility. 
-snip-

Knowledge about the risks of Bitcoin volatility, security, and non-custodial wallets is an important thing for beginners to understand first. Because most beginners only know that Bitcoin provides an opportunity for people to make a profit, but they do not understand important things such as volatility, security, and the importance of non-custodial wallets to secure their Bitcoin. As a result, what happens is that many beginners buy Bitcoin but then they have no idea that Bitcoin has a risk of volatility, and they do not understand how to secure the Bitcoin they have. This will make beginners make fatal mistakes in their investments, such as selling when their investment is at a loss or they store their Bitcoin on an exchange and then the exchange goes bankrupt or is hacked.

[Gost ms]

Actually, if someone disagrees with investing in Bitcoin, never force them to invest in Bitcoin. Because even if they initially express awareness of the volatility of Bitcoin, they panic when the market falls, and sell their holdings and suffer losses. Actually, their minds can change at any time, so let them do their research first, everyone's risk-taking ability is different, and everyone's investment preferences are not the same. Therefore, a newbie should not be attracted to investment only by showing the profit side, because Bitcoin is a volatile currency, and due to its volatility, Bitcoin can be dumping at any time, and in that dump, the investor will panic and sell his holdings. As a result, he will never be able to hold his investment for a long time, and he will not get a good result. Rather, he will only suffer temporary losses, and he will blame you for this loss.

It may be wrong to force someone who is new or has no idea or knowledge about Bitcoin to invest. Because Bitcoin is an uncertain market, where anything can happen at any time. You can never guarantee that you will make a profit from Bitcoin investment. If you force a novice investor to invest, he may blame you for the market instability or he may panic and face losses, which will be your sole responsibility. Maybe you can inform him about the positive and negative aspects of Bitcoin as a consultant. That is, you can advise him on the risk management and high profit potential of long-term Bitcoin investment as basic knowledge. You can even exchange basic knowledge about wallets and investment methods with him.

A few days ago, the price of Bitcoin dropped a lot and at that time, many new investors or inexperienced investors were restless. Amidst this volatility, those who have deep knowledge and full faith in Bitcoin are the ones who have survived. Before giving investment advice to anyone, it is necessary to advise them to gain knowledge about Bitcoin. So that when the price of Bitcoin falls, they do not become unstable and they do not think that Bitcoin will not be able to regain its value. When they have knowledge about Bitcoin and have faith in Bitcoin, they will be able to stabilize themselves or control themselves at least to some extent during the market decline. When they know all the information related to Bitcoin, I think they will feel like investing on their own.

You can advise long-term plans to those who express their desire to invest and warn them about the risks. You can provide the right knowledge to those who are reluctant to invest due to lack of proper knowledge about Bitcoin or help them gain knowledge by providing the right source of information. I think solid knowledge is enough for a person to voluntarily get involved in investment.

[Derekfunds]

[edited out]

.....However, I will not agree with you on the aspect that Bitcoin is not the only asset to invest in unless you add more clarifications to that statement because it is sounding as if you are supporting the idea of investing in shitcoins. There are other assets like you said but they are generally shitcoins that have so much risks attached to them. If we allow the idea that there are other assets to thrive, then it could be a motivation for people to start looking for other alternatives and this will make them end up investing in shitcoins and at the end lose their money. Bitcoin is just enough for anyone willing to invest for the future, so our efforts should be on how to buy and hold Bitcoin and nothing else.

I would suggest that newbies do not waste time, energy and/or money on shitcoins, and that they try to figure out and prioritize bitcoin  first,  including that if they are not able to help themselves in regards to looking into shitcoins, then they should not invest any more than 10% of their time, energy and/or value into shitcoins as compared to how much they are investing into bitcoin.

Even old investors might still run into problems if they get too comfortable with investing in shitcoins. You will agree with me that there this confidence that subtly creeps in when someone do something and succeed once or twice. With shitcoins, it could be a trap for even experienced investors who may end up with the illusion that shitcoins is where the money is even though some later end up getting poorer with time as they continue to jump from one shitcoin to the other. If you are active in some of the social media, you will see some self acclaimed experts who knows the shitcoins that will pump and bla bla bla, those are not newbies but old investors who are just toeing the wrong path. My point is that both newbies and old investors should focus more on Bitcoin because overtime Bitcoin will actually make one richer and more comfortable and the risk of loosing ones money is very small with Bitcoin, if not completely absent.

Those who invest in Shitcoin, whether new or old, have a lot of greed. It doesn't matter whether the holder is new or old, the point is that if we target Bitcoin, which coin we are targeting, then our goal will be successful. And if we invest in Shitcoins with the aim of making more profit, then we can lose all our money, you can be sure that investors in Shitcoin can never be successful.
 But those who have invested in Bitcoin, whether it is a small amount or a large amount, if the investment is long-term, then their success will be guaranteed, because Bitcoin is the only trusted coin. If you invest in Bitcoin, no matter how much money you invest, you can be successful and earn more benefits.

Success in Bitcoin is not guaranteed and the reason why we are advised that when we invest, it should be from our discretionary income because Bitcoin is not risk free so you shouldn't sound like it is risk free so will not end up misleading people in to thinking that Bitcoin is risk free with your expression we are only encouraging ourselves to put in good investment practices and not to say that success in Bitcoin investment is guaranteed, even though the risk can not be compared to that of the shit coins.

Even though bitcoin investment is not like any other investments where you can lose your money easily, I agree with you that success is not guaranteed in bitcoin investment, but investors are certain they will not lose all their money in bitcoin investment if they don't sell their bitcoin out of panic or fear. Since bitcoin investment is not risk-free, the best way to invest in bitcoin without having problems in sorting your daily expenses and becoming successful with your bitcoin investment is when you invest in bitcoin with your discretionary income or when you use the money you will not need for 4-10 years or more to invest in bitcoin so that you will not depend on your bitcoin investment to survive.

I don't think we are suppose to be talking about Bitcoin investment been guarantee or not because to me it doesn't make any sense though it is good to be realistic but how will one be talking about what they are investing into in such way. Even if it is not guarantee like you guys said it shouldn't be something you guys will be emphasizing on like this because this information can mislead or change newbie mindset towards Bitcoin investment because if we say it is not guarantee then what is now the difference between Bitcoin investment and trading since they both are not guarantee so I will advise we don't use this language or word here because of the effect it will have on someone who is yet to know what Bitcoin is all about.

[Platinumys]

Those who invest in Shitcoin, whether new or old, have a lot of greed. It doesn't matter whether the holder is new or old, the point is that if we target Bitcoin, which coin we are targeting, then our goal will be successful. And if we invest in Shitcoins with the aim of making more profit, then we can lose all our money, you can be sure that investors in Shitcoin can never be successful.

In my opinion the tendency to greed exists in all people. However those who are excessively greedy and eager to earn excessive profits and looking for a way to get rich quick they find it most appropriate to invest all their money in Shitcoins. Although I also have variations in the investment portfolio, I am still investing in Bitcoin instead of wasting more time with these coins and wasting money.

In fact those who are investing in the shit coins will never proudly say that they have never been in trouble, that is their money has never been at risk. So my advice is that Bitcoin investment is the best of all investments, so it should be accepted and the risk of losing money with Bitcoin is very small.

It is true that greed or the desire to make big profits is a common human trait. This is where knowledge in investing is important, it is important to understand that no investment is completely risk-free, that all coins in this industry have their own risks. Before investing, it is better to understand first and do in-depth research is the main key so that the decisions we make are not misguided. Yes, my investments vary, but only 3 altcoins, and that is only 20 percent of my investment portfolio, the rest I invest in bitcoin. Of course we agree that bitcoin has proven to be one of the most stable and widely recognized cryptocurrency assets. With increasing adoption by institutions and individuals, many believe that Bitcoin has the potential to be a better store of value than many altcoins.

Is it not that many believe Bitcoin has the potential to be a better store of value than many altcoins rather that is what Bitcoin is because all of them (altcoins) depends on Bitcoin so why is not suppose to be a better store of value than them. I mean not to dispute about your diversification because everyone has right to do whatever they feel is good and that is also the reason why you have people around you so that when you take the wrong decision maybe out of ignorance they will scold you on what is right. Moreover, instead of investing in altcoins when you knew that they depend on Bitcoin, why not just invest in Bitcoin and accumulate more, because it is better to invest only in Bitcoin and has a good fraction of it than to diversify in other altcoins and has a little fraction of Bitcoin.

No other coin really compares to Bitcoin. Many people often argue that investing in Bitcoin is less profitable, on the other hand, there are some ALT coins that have higher temporary profits. Bitcoin is one of the most reliable digital currency for investment and I think it would be foolish to compare Bitcoin with any other coin. So far, I have not seen as much news about any other crypto currency in the market as I have seen about Bitcoin in various media. Big companies invest in Bitcoin and rely on Bitcoin. If the ALT coins in the market were reliable then big companies or rich people would invest in ALT coins. We are small investors so instead of trusting all these ALT coins we should trust Bitcoin and invest Bitcoin and that will be the right decision for us.

[Dump3er]

-

It wasn't the "best" example but one of example of how bitcoin volatility works, Bitcoin had faced  worse so even with the recent dip we might not be seeing a real dip market but Panic, market reacting to some rumors &news  and manipulations somehow..

Bitcoin could go back to even 50k~60k which is how crazy the market could get interm of volatility but it happened before doesn't mean it will happen again [ that's why people that wait to buy could be very wrong in their decision making, even though they could be lucky with history repeating itself so they call it beign smart which i don't agree ...but normally someone with enough accumulation could actually buy dips by  waiting for some specificrange of buying points  but don't get me wrong it's buying of dip which is totally different form someone waiting for  the lowest bottom to buy, not for someone just starting out though] yet we are hoping the market to play according to history..

Hence, I don't see any emotion somehow, I see gamblers trying to make quick profit so when they can't get it quick they get frustrated  and pull out even in loss , losing even out of what they've tried to gambling... newbies can also get trapped especially when they are being greedy.

It has been the best example in quite a while as we haven‘t seen that level of volatility for some time.

While specifying buying points can make sense, I would still combine it with time intervals or otherwise you may fall short of your accumulation goals when bitcoin is stagnant for a longer period of time and goes sideways only.  That is a real possibility as we have seen from time to time and the consequence would then be you stop accumulating if you solely focus on buying points.

I‘d rather use buying points for additional accumulation if you have the means to do so. 

[Agbamoni]

I don't think we are suppose to be talking about Bitcoin investment been guarantee or not because to me it doesn't make any sense though it is good to be realistic but how will one be talking about what they are investing into in such way. Even if it is not guarantee like you guys said it shouldn't be something you guys will be emphasizing on like this because this information can mislead or change newbie mindset towards Bitcoin investment because if we say it is not guarantee then what is now the difference between Bitcoin investment and trading since they both are not guarantee so I will advise we don't use this language or word here because of the effect it will have on someone who is yet to know what Bitcoin is all about.

I don't see any reason why a new investor will change his mind from investing, just because he/she heard a conversation that Bitcoin investment is not guaranteed. Such a person doesn't want to invest at all, he is just procrastinating. No investment is 100% guaranteed in this life because a lot can be a hindrance for us to be successful in it, even personal factors. What is guaranteed, based on Bitcoin history, is its long-term growth over years. Looking at 6 to 10 years from now, not next week, next month or next year, short term investment success cannot be guaranteed. Bitcoin has always shown an assuring upward trend over time, but trying to predict the price in the short term as a means to guarantee investment will be in vain.  The increase is almost inevitable in the long term, the choice is ours to make. So new investors should be happy that there is always an opportunity to profit in Bitcoin if they start their investment now. What people say or do should not limit them unless they are not ready yet, that is why they keep giving excuse for themselves.

[Ruttoshi]

[edited out]

.....However, I will not agree with you on the aspect that Bitcoin is not the only asset to invest in unless you add more clarifications to that statement because it is sounding as if you are supporting the idea of investing in shitcoins. There are other assets like you said but they are generally shitcoins that have so much risks attached to them. If we allow the idea that there are other assets to thrive, then it could be a motivation for people to start looking for other alternatives and this will make them end up investing in shitcoins and at the end lose their money. Bitcoin is just enough for anyone willing to invest for the future, so our efforts should be on how to buy and hold Bitcoin and nothing else.

I would suggest that newbies do not waste time, energy and/or money on shitcoins, and that they try to figure out and prioritize bitcoin  first,  including that if they are not able to help themselves in regards to looking into shitcoins, then they should not invest any more than 10% of their time, energy and/or value into shitcoins as compared to how much they are investing into bitcoin.

Even old investors might still run into problems if they get too comfortable with investing in shitcoins. You will agree with me that there this confidence that subtly creeps in when someone do something and succeed once or twice. With shitcoins, it could be a trap for even experienced investors who may end up with the illusion that shitcoins is where the money is even though some later end up getting poorer with time as they continue to jump from one shitcoin to the other. If you are active in some of the social media, you will see some self acclaimed experts who knows the shitcoins that will pump and bla bla bla, those are not newbies but old investors who are just toeing the wrong path. My point is that both newbies and old investors should focus more on Bitcoin because overtime Bitcoin will actually make one richer and more comfortable and the risk of loosing ones money is very small with Bitcoin, if not completely absent.

Those who invest in Shitcoin, whether new or old, have a lot of greed. It doesn't matter whether the holder is new or old, the point is that if we target Bitcoin, which coin we are targeting, then our goal will be successful. And if we invest in Shitcoins with the aim of making more profit, then we can lose all our money, you can be sure that investors in Shitcoin can never be successful.
 But those who have invested in Bitcoin, whether it is a small amount or a large amount, if the investment is long-term, then their success will be guaranteed, because Bitcoin is the only trusted coin. If you invest in Bitcoin, no matter how much money you invest, you can be successful and earn more benefits.

Success in Bitcoin is not guaranteed and the reason why we are advised that when we invest, it should be from our discretionary income because Bitcoin is not risk free so you shouldn't sound like it is risk free so will not end up misleading people in to thinking that Bitcoin is risk free with your expression we are only encouraging ourselves to put in good investment practices and not to say that success in Bitcoin investment is guaranteed, even though the risk can not be compared to that of the shit coins.

Even though bitcoin investment is not like any other investments where you can lose your money easily, I agree with you that success is not guaranteed in bitcoin investment, but investors are certain they will not lose all their money in bitcoin investment if they don't sell their bitcoin out of panic or fear. Since bitcoin investment is not risk-free, the best way to invest in bitcoin without having problems in sorting your daily expenses and becoming successful with your bitcoin investment is when you invest in bitcoin with your discretionary income or when you use the money you will not need for 4-10 years or more to invest in bitcoin so that you will not depend on your bitcoin investment to survive.

I don't think we are suppose to be talking about Bitcoin investment been guarantee or not because to me it doesn't make any sense though it is good to be realistic but how will one be talking about what they are investing into in such way. Even if it is not guarantee like you guys said it shouldn't be something you guys will be emphasizing on like this because this information can mislead or change newbie mindset towards Bitcoin investment because if we say it is not guarantee then what is now the difference between Bitcoin investment and trading since they both are not guarantee so I will advise we don't use this language or word here because of the effect it will have on someone who is yet to know what Bitcoin is all about.

Bitcoin investment is not guaranteed because nobody knows what will happen in future. It's good you tell people the fact of what they're investing into so that they can invest with caution and with the mindset that anything can happen. Why they do say that it's not guarantee so that you don't use all your life savings to invest in bitcoin hoping for big profits, but invest only with an amount of money that you can afford to lose overtime, so that if the price goes against you in the future, losing 100% of your bitcoin portfolio, you wouldn't lose hope in life and become frustrated because you have created other means of income and not putting all your hope on your bitcoin investment.


Bitcoin price is not a guaranteed to go up in future or without risks even if  we know that the chance of bitcoin price moving uptrend overtime is higher than down trend. We cannot use past even to tell the future outcome. Buy and grow your bitcoin investment portfolio overtime with consistent and persistent and hope for the best future of bitcoin. This is why we must have over sources of income which we must always use as an alternative and not your bitcoin investment in future.

Trading is not an investment and more risky than bitcoin.

[Princess Leah]

Bitcoin investment is not guaranteed because nobody knows what will happen in future. It's good you tell people the fact of what they're investing into so that they can invest with caution and with the mindset that anything can happen. Why they do say that it's not guarantee so that you don't use all your life savings to invest in bitcoin hoping for big profits, but invest only with an amount of money that you can afford to lose overtime, so that if the price goes against you in the future, losing 100% of your bitcoin portfolio, you wouldn't lose hope in life and become frustrated because you have created other means of income and not putting all your hope on your bitcoin investment.

[Ediited out]

Trading is not an investment and more risky than bitcoin.

Makes sense to me, the fact that Bitcoin is less riskier than investing in shitcoins doesn't mean that one should put all their funds into Bitcoin, just like you said, the future is unknown and to be on a safer side, it's best for one to invest what they can afford to spare, maybe 10-20% of their income into it, though Bitcoin has proven to be very profitable in the past and has added lots of value in the past years, we can only speculate the price and hope for a better future, it's not as if success is guaranteed that's why we still have to thread with caution.

 Also, I'm not in support of trading and never, though some people have succeed in it, it's their choice and luck therefore I won't advice anyone to risk their money into something that based on luck, atleast Bitcoin has proven in the past years to be very trustworthy even though the future is not guaranteed moreover I've not heard much or any complaints from people concerning holding Bitcoin for a longer period compared to the complaints from traders who lose money daily, one can only lose money on Bitcoin investment if done the wrong way, like taking short-term profits or exposing their portfolio to hackers therefore it's less riskier and better than trading.

[Joy- maker]

[edited out]

.....However, I will not agree with you on the aspect that Bitcoin is not the only asset to invest in unless you add more clarifications to that statement because it is sounding as if you are supporting the idea of investing in shitcoins. There are other assets like you said but they are generally shitcoins that have so much risks attached to them. If we allow the idea that there are other assets to thrive, then it could be a motivation for people to start looking for other alternatives and this will make them end up investing in shitcoins and at the end lose their money. Bitcoin is just enough for anyone willing to invest for the future, so our efforts should be on how to buy and hold Bitcoin and nothing else.

I would suggest that newbies do not waste time, energy and/or money on shitcoins, and that they try to figure out and prioritize bitcoin  first,  including that if they are not able to help themselves in regards to looking into shitcoins, then they should not invest any more than 10% of their time, energy and/or value into shitcoins as compared to how much they are investing into bitcoin.

Even old investors might still run into problems if they get too comfortable with investing in shitcoins. You will agree with me that there this confidence that subtly creeps in when someone do something and succeed once or twice. With shitcoins, it could be a trap for even experienced investors who may end up with the illusion that shitcoins is where the money is even though some later end up getting poorer with time as they continue to jump from one shitcoin to the other. If you are active in some of the social media, you will see some self acclaimed experts who knows the shitcoins that will pump and bla bla bla, those are not newbies but old investors who are just toeing the wrong path. My point is that both newbies and old investors should focus more on Bitcoin because overtime Bitcoin will actually make one richer and more comfortable and the risk of loosing ones money is very small with Bitcoin, if not completely absent.

Those who invest in Shitcoin, whether new or old, have a lot of greed. It doesn't matter whether the holder is new or old, the point is that if we target Bitcoin, which coin we are targeting, then our goal will be successful. And if we invest in Shitcoins with the aim of making more profit, then we can lose all our money, you can be sure that investors in Shitcoin can never be successful.
 But those who have invested in Bitcoin, whether it is a small amount or a large amount, if the investment is long-term, then their success will be guaranteed, because Bitcoin is the only trusted coin. If you invest in Bitcoin, no matter how much money you invest, you can be successful and earn more benefits.

Success in Bitcoin is not guaranteed and the reason why we are advised that when we invest, it should be from our discretionary income because Bitcoin is not risk free so you shouldn't sound like it is risk free so will not end up misleading people in to thinking that Bitcoin is risk free with your expression we are only encouraging ourselves to put in good investment practices and not to say that success in Bitcoin investment is guaranteed, even though the risk can not be compared to that of the shit coins.

Even though bitcoin investment is not like any other investments where you can lose your money easily, I agree with you that success is not guaranteed in bitcoin investment, but investors are certain they will not lose all their money in bitcoin investment if they don't sell their bitcoin out of panic or fear. Since bitcoin investment is not risk-free, the best way to invest in bitcoin without having problems in sorting your daily expenses and becoming successful with your bitcoin investment is when you invest in bitcoin with your discretionary income or when you use the money you will not need for 4-10 years or more to invest in bitcoin so that you will not depend on your bitcoin investment to survive.

I don't think we are suppose to be talking about Bitcoin investment been guarantee or not because to me it doesn't make any sense though it is good to be realistic but how will one be talking about what they are investing into in such way. Even if it is not guarantee like you guys said it shouldn't be something you guys will be emphasizing on like this because this information can mislead or change newbie mindset towards Bitcoin investment because if we say it is not guarantee then what is now the difference between Bitcoin investment and trading since they both are not guarantee so I will advise we don't use this language or word here because of the effect it will have on someone who is yet to know what Bitcoin is all about.

I disagree with this point of yours bro, because I don't see any reason why we should be hiding some part of bitcoin investment information from newbie investors, we are suppose to tell them everything about bitcoin investment both the risk, market Volatility, and every other things they have to know about bitcoin investment, without excluding any, because if you say we shouldn't discuss about bitcoin investment being a guarantee or not, it then mean that we are trying to lure or trick people to invest in bitcoin without proper knowledge of bitcoin investment.

Secondly we saying that bitcoin investment is a guarantee or not, doesn't mean that we are discouraging or misleading newbie investors, it just for them to be guided to know that bitcoin investment is not just something you we jup into hoping for guaranteed with accumulating enough of bitcoin to hold for a long period of time, and bitcoin investment requires some level of patience, courage, knowledge and skills before can be able to profit from bitcoin as an investor.

[Proty]

Amidst this volatility, those who have deep knowledge and full faith in Bitcoin are the ones who have survived.

Well it is wrong to believe that it is only newbies that is always grip by fears when ever there is a dip , even those investors you are thinking are not afraid they are but the thing there is they have high risk tolerance.They have the ability to withstand risk inasmuch as they are afraid because when compared to newbies they have much of bitcoin in their holdings than newbies.
  So there are investors that have full knowledge about bitcoin dip however whenever it occurs they are restless because of the amount of bitcoin they have in their portfolio even when they have the knowledge that the price will definitely come up.newbies will mostly panic when there is a dip if they start accumulating with a huge amount of money .

[Tmoonz]

[edited out]

.....However, I will not agree with you on the aspect that Bitcoin is not the only asset to invest in unless you add more clarifications to that statement because it is sounding as if you are supporting the idea of investing in shitcoins. There are other assets like you said but they are generally shitcoins that have so much risks attached to them. If we allow the idea that there are other assets to thrive, then it could be a motivation for people to start looking for other alternatives and this will make them end up investing in shitcoins and at the end lose their money. Bitcoin is just enough for anyone willing to invest for the future, so our efforts should be on how to buy and hold Bitcoin and nothing else.

I would suggest that newbies do not waste time, energy and/or money on shitcoins, and that they try to figure out and prioritize bitcoin  first,  including that if they are not able to help themselves in regards to looking into shitcoins, then they should not invest any more than 10% of their time, energy and/or value into shitcoins as compared to how much they are investing into bitcoin.

Even old investors might still run into problems if they get too comfortable with investing in shitcoins. You will agree with me that there this confidence that subtly creeps in when someone do something and succeed once or twice. With shitcoins, it could be a trap for even experienced investors who may end up with the illusion that shitcoins is where the money is even though some later end up getting poorer with time as they continue to jump from one shitcoin to the other. If you are active in some of the social media, you will see some self acclaimed experts who knows the shitcoins that will pump and bla bla bla, those are not newbies but old investors who are just toeing the wrong path. My point is that both newbies and old investors should focus more on Bitcoin because overtime Bitcoin will actually make one richer and more comfortable and the risk of loosing ones money is very small with Bitcoin, if not completely absent.

Those who invest in Shitcoin, whether new or old, have a lot of greed. It doesn't matter whether the holder is new or old, the point is that if we target Bitcoin, which coin we are targeting, then our goal will be successful. And if we invest in Shitcoins with the aim of making more profit, then we can lose all our money, you can be sure that investors in Shitcoin can never be successful.
 But those who have invested in Bitcoin, whether it is a small amount or a large amount, if the investment is long-term, then their success will be guaranteed, because Bitcoin is the only trusted coin. If you invest in Bitcoin, no matter how much money you invest, you can be successful and earn more benefits.

Success in Bitcoin is not guaranteed and the reason why we are advised that when we invest, it should be from our discretionary income because Bitcoin is not risk free so you shouldn't sound like it is risk free so will not end up misleading people in to thinking that Bitcoin is risk free with your expression we are only encouraging ourselves to put in good investment practices and not to say that success in Bitcoin investment is guaranteed, even though the risk can not be compared to that of the shit coins.

Even though bitcoin investment is not like any other investments where you can lose your money easily, I agree with you that success is not guaranteed in bitcoin investment, but investors are certain they will not lose all their money in bitcoin investment if they don't sell their bitcoin out of panic or fear. Since bitcoin investment is not risk-free, the best way to invest in bitcoin without having problems in sorting your daily expenses and becoming successful with your bitcoin investment is when you invest in bitcoin with your discretionary income or when you use the money you will not need for 4-10 years or more to invest in bitcoin so that you will not depend on your bitcoin investment to survive.

I don't think we are suppose to be talking about Bitcoin investment been guarantee or not because to me it doesn't make any sense though it is good to be realistic but how will one be talking about what they are investing into in such way. Even if it is not guarantee like you guys said it shouldn't be something you guys will be emphasizing on like this because this information can mislead or change newbie mindset towards Bitcoin investment because if we say it is not guarantee then what is now the difference between Bitcoin investment and trading since they both are not guarantee so I will advise we don't use this language or word here because of the effect it will have on someone who is yet to know what Bitcoin is all about.

In as much as I understood your points but on the contrary, there is no way we can tell a newbie that Bitcoin investment is 100 percent guaranteed because the market is unpredictable. However, there is a huge difference between trading and investment in Bitcoin and the risk level is quite different, Bitcoin investment is less risky compared to trading Bitcoin.

Trading will require technical analysis and skills which can be very complex to experience ones let alone a newbie,

Investing doesn't require technical analysis making it much easier for both the experience ones and the newbies.

Trading requires monitoring the market for short term profit which is very unrealistic because no one can actually boost of controlling the market (volatility) making it very difficult.

Investing you don't need to monitor the market because it is a long term goals and objectives which is pretty much easier.

Trading is mentally and emotionally devastating

Investing gives certain level of peace of mind because you believe in the possibility of having a compounded value of your asset over a long period of time.

So you can see that there are much difference between trading and investing.

[Frankolala]

Amidst this volatility, those who have deep knowledge and full faith in Bitcoin are the ones who have survived.

Well it is wrong to believe that it is only newbies that is always grip by fears when ever there is a dip , even those investors you are thinking are not afraid they are but the thing there is they have high risk tolerance.They have the ability to withstand risk inasmuch as they are afraid because when compared to newbies they have much of bitcoin in their holdings than newbies.
  So there are investors that have full knowledge about bitcoin dip however whenever it occurs they are restless because of the amount of bitcoin they have in their portfolio even when they have the knowledge that the price will definitely come up.newbies will mostly panic when there is a dip if they start accumulating with a huge amount of money .

Newbies will panic more than an old investor because he is new in the market and has very little experience. Unlike an OG bitcoin long-term investor who have experienced the dip several times in different circles, he already knows that a dip is a norm and he has full confidence in bitcoin that when there's a dip, the price will surely bounce back. An OG investor sees a dip an an opportunity to stack up more bitcoin at a cheaper rate, but a new investor will panic. An old investor has already prepared his mind down for a dip.

If an old investor has already accumulated a huge amount of money overtime, his bitcoin portfolio might always be in profits when there's a dip because he bought his bitcoin cheaper and earlier.

It is wrong to try to force someone who have no knowledge about Bitcoin to invest in bitcoin.  The first thing to let one know while introducing bitcoin shouldn't be to buy bitcoin, the first thing should be volatility of the market and security and self-custodial wallet,  after all these you can proceed to how one can buy bitcoin(strategies). Buying should be the last thing to introduce to beginners about bitcoin because if you are too fast to convince someone to buy, it will be very difficult for the person to cope with market volatility. 
-snip-

Knowledge about the risks of Bitcoin volatility, security, and non-custodial wallets is an important thing for beginners to understand first. Because most beginners only know that Bitcoin provides an opportunity for people to make a profit, but they do not understand important things such as volatility, security, and the importance of non-custodial wallets to secure their Bitcoin. As a result, what happens is that many beginners buy Bitcoin but then they have no idea that Bitcoin has a risk of volatility, and they do not understand how to secure the Bitcoin they have. This will make beginners make fatal mistakes in their investments, such as selling when their investment is at a loss or they store their Bitcoin on an exchange and then the exchange goes bankrupt or is hacked.

What a new investor needs is the basic knowledge of bitcoin and the availability of his discretionary income for him to get started immediately. He can learn the rest along side as he's investing so that he does not waste time learning and miss out the opportunity in the market since bitcoin prive waits for no man.

[suzanne5223]

It is wrong to try to force someone who have no knowledge about Bitcoin to invest in bitcoin.  The first thing to let one know while introducing bitcoin shouldn't be to buy bitcoin, the first thing should be volatility of the market and security and self-custodial wallet,  after all these you can proceed to how one can buy bitcoin(strategies). Buying should be the last thing to introduce to beginners about bitcoin because if you are too fast to convince someone to buy, it will be very difficult for the person to cope with market volatility. 

If you focus more to make sure the person you are introducing bitcoin to understand the market very well it will be of great gains than convincing to buy bitcoin without understanding which buying might not profitable at the end.

Yes, it is wrong to force anyone to do things that didn't come from their heart. But the first major stuff newbie ought to know is the purpose of Bitcoin creation, functionality of Bitcoin blockchain, and transaction which I believe will make them love the technology aspect of Bitcoin than benefits aspect.

Second, how to use a self-custodial Bitcoin wallet securely ^{(how to secure their bag, and also have to do with transaction fee)}, and they can then be taught the volatility of the market.

If they are taught about market volatility at first, they may be greedy and believe that they know everything.

[SmartGold01]

Yes, it is wrong to force anyone to do things that didn't come from their heart. But the first major stuff newbie ought to know is the purpose of Bitcoin creation, functionality of Bitcoin blockchain, and transaction which I believe will make them love the technology aspect of Bitcoin than benefits aspect.

Second, how to use a self-custodial Bitcoin wallet securely ^{(how to secure their bag, and also have to do with transaction fee)}, and they can then be taught the volatility of the market.

If they are taught about market volatility at first, they may be greedy and believe that they know everything.

This is where most newbies or novice do get it twisted. I can remember when I started though it wasn't an easy task to say but with determination and patient to keep exploring tools and other resourceful material that makes one understood the whole progression of Bitcoin and to that which is related to investments is something that has given the edges and geared me up to this level. And of course newbies must not take basics for granted since it's what gives them a clearer view on how to start and follow their investments and trading journey.

[Tmoonz]

Yes, it is wrong to force anyone to do things that didn't come from their heart. But the first major stuff newbie ought to know is the purpose of Bitcoin creation, functionality of Bitcoin blockchain, and transaction which I believe will make them love the technology aspect of Bitcoin than benefits aspect.

Second, how to use a self-custodial Bitcoin wallet securely ^{(how to secure their bag, and also have to do with transaction fee)}, and they can then be taught the volatility of the market.

If they are taught about market volatility at first, they may be greedy and believe that they know everything.

This is where most newbies or novice do get it twisted. I can remember when I started though it wasn't an easy task to say but with determination and patient to keep exploring tools and other resourceful material that makes one understood the whole progression of Bitcoin and to that which is related to investments is something that has given the edges and geared me up to this level. And of course newbies must not take basics for granted since it's what gives them a clearer view on how to start and follow their investments and trading journey.

In my opinion, a newbie should focus on building their portfolio on Bitcoin investment and have nothing do with trading Bitcoin because it will devaste their emotions where majority of them can end up not having interest in any thing related to Bitcoin, although there are those that got involved in to trading and later realized that investment is better than trading , the truth is that newbies should be more encourage to invest in to Bitcoin than trading Bitcoin, secondly it is a Bitcoin investment thread where various strategies of accumulating Bitcoin is emphasis and not for a trading kind of discussion. Trading is more like a gamble and there is no way we can suggest that a newbie should be learning about it even though anyone can do whatever they like.

[Jewan420]

If they are taught about market volatility at first, they may be greedy and believe that they know everything.

The biggest and main problem of a new investor is market volatility. Some new investors are afraid of market volatility and get scared. Some new investors use this volatility to get involved in risky activities like trading or short-term investments. I think a newbie should be given a general idea about market volatility as a basic knowledge and should be advised on how to use that volatility positively for investment. He should even be warned not to fall into the trap of market volatility.

It is natural for the Bitcoin market to be volatile, because of this volatility, anyone who promotes Bitcoin negatively, then you should assume that he has used volatility as a temptation or has sold at a loss in panic during the market decline. Not only new investors make this mistake but some incompetent senior investors also take wrong steps in panic during the market decline. So I think it's an important part of basic knowledge for a beginner to have knowledge about market volatility.