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Author Topic: DID I MAKE A MISTAKE INVESTING IN BITCOIN?  (Read 5069 times)
Excell110 (OP)
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October 01, 2019, 08:50:53 PM
 #1

 You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
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October 01, 2019, 08:55:54 PM
Merited by minime0105 (1)
 #2

Bitcoin is not a get rich quick scheme. It’s still a very young, raw asset. Most of us OG’s have made huge profits but it wasn’t quick. With extreme patience & the power of HODLING comes big rewards.

If you bought today for example & HODL for 18 months it could be the best thing you ever do.

Just don’t expect to buy today & get rich overnight, it doesn’t happen. People with zero patience who’ve read about getting rich quick with bitcoin shouldn’t bother if they haven’t got the balls to HODL through tough times. Nothing good in life ever comes easily.

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skyline247
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October 01, 2019, 09:16:32 PM
 #3

Investing in Bitcoin is one of the most intelligent things that you've ever done with your money. I can't think of a better investment!! Well, what else did you consider investing in? The stock market is peaking and is going to crash soon under the terrible leadership of Donald Trump. once he ruins that country, people will flock to bitcoin because they'll know that it is the truth and the future.
Excell110 (OP)
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October 01, 2019, 09:31:01 PM
 #4

Bitcoin is not a get rich quick scheme. It’s still a very young, raw asset. Most of us OG’s have made huge profits but it wasn’t quick. With extreme patience & the power of HODLING comes big rewards.

If you bought today for example & HODL for 18 months it could be the best thing you ever do.

Just don’t expect to buy today & get rich overnight, it doesn’t happen. People with zero patience who’ve read about getting rich quick with bitcoin shouldn’t bother if they haven’t got the balls to HODL through tough times. Nothing good in life ever comes easily.
I totally agree with you.
I believe patience is a virtue too, every new investor shouldn't just expect to blow once the come into the market, it is a gradual process, as Rome was not built in a day.
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October 01, 2019, 09:40:34 PM
 #5

I don't think that you have made a mistake investing in Bitcoin. On the contrary, I believe this is the right time to invest in it. In my opinion, Bitcoin has started to prepare for a bull run. I should also add something. Don't ever expect to make profit e.g. in one week. You need to be patient.

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October 01, 2019, 09:48:27 PM
 #6

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

What will be your response to this question?

Without an actual mistake, others will somehow not realized the "best situation" when to put their money on BTC and will just purely rely on luck and follow other's lead. Mistakes and errors are one of the best foundations for building a good experience.

Being used to experience the actual bull or bearish status in the market will help them to determine if it's the right time to follow a certain trend or take the risks of waiting for such another possible situation.

And people should realize that "investment" in crypto is way different compared to the usual investment where dividends and returns can be expected at 100%. A different approach is a must.

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October 01, 2019, 09:49:57 PM
 #7

Introducing Bitcoin investment to people shouldn't just be about the great testimonies,  but a little touch of the possible outcomes and requirements, such as patience etc, should be included too.

Bitcoin investment doesn't just make you rich just with the snap of a finger,  it might take time, but once it does it you will be happy you invested.
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October 01, 2019, 09:55:22 PM
 #8

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

I would say you make a mistake only if you don't know how to hold. Any new investor can take his losses and walk away but the right way to make profit is by holding,

Those ones who thinks they will become rich in 1 week with bitcoin are wrong. So, if you feel like you make a mistake then bitcoin isn't for you.

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October 01, 2019, 10:16:36 PM
 #9

It's a investment, so there's a risk involved here, so I do hope that you have calculated it before entering the market. Setbacks is just normal, as bitcoin works in a cycle, it's a boom or bust market. Sometimes you really need to experienced a lot of difficulty and it will really challenge you. But in the long run, it's worth it, and I'm sure majority of us who have been in the market for so long will attest to that. Think of it in the long term, 2017 started with the price < $1000 but ended up $20,000. The problem with newbie is that they think that crypto investment will make them rich instantly, that is wrong mindset to begin with. You need to have a lot of patience here because this is not a traditional asset like stocks.

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Pinkris128
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October 01, 2019, 10:19:11 PM
 #10

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
For me, it is not a mistake that you invest in bitcoin. As you can see, many things and many benefits of having invest in bitcoin. Having some earnings and profit that you gain out of bitcoin but you have a responsibility of managing and you should know how to hold and hide your investment.Having a knowledge in bitcoin is a good investment now. This thing helps many people, benefits many people and we used our earning to help ourselves in our daily expenses.
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October 01, 2019, 10:24:27 PM
 #11

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

As a new investor you should always consider that investing to any of your choice has a risk and setback of prices is one of it. Investing in bitcoin is never been a mistake, what you lack right now is the resolve whether to hold your investment or sell it.

Just focus on positive aspects of bitcoin and don't listen to any negative feedback, fud and setback of price so you can focus to your target which is to gain profit someday from your investment.

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October 01, 2019, 10:26:33 PM
 #12

It's a investment, so there's a risk involved here, so I do hope that you have calculated it before entering the market. Setbacks is just normal, as bitcoin works in a cycle, it's a boom or bust market. Sometimes you really need to experienced a lot of difficulty and it will really challenge you. But in the long run, it's worth it, and I'm sure majority of us who have been in the market for so long will attest to that. Think of it in the long term, 2017 started with the price < $1000 but ended up $20,000. The problem with newbie is that they think that crypto investment will make them rich instantly, that is wrong mindset to begin with. You need to have a lot of patience here because this is not a traditional asset like stocks.
You know, that's the problem we have in this market,  a lot of people dive into crypto investment without including in their plan, the risk involved.
  Before entering the market, prepare yourself and have the mindset that Rome wasn't built in a day,  it takes patience and hardwork too
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October 01, 2019, 10:27:51 PM
 #13

Every investment is a risk. I think bitcoin is definitely not a mistake. There are many economic rebellions in countries. I think bitcoin will work great because it depends on mathematics, science and transparency. Don't worry, you're okay

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October 01, 2019, 10:47:26 PM
 #14

Investing in bitcoin is not a mistake all you need is to be patient and you will never regret it.

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October 01, 2019, 10:53:46 PM
 #15

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

Give it time - years. This isn't some get-rich-quick thing.  See where things are a year from now when we are nearly 5 months past the halving.

Anyone who expects a straight upward trajectory is delusional.
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October 01, 2019, 11:00:05 PM
 #16

If you had invested in Bitcoin and monitor its daily price regularly, then you may entertain that thought in your mind. But if you set your investments in the long term, then this may not concern you either. I though hope you would think twice if Bitcoin's price suddenly rise after a couple of months. Hopefully! Smiley
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October 01, 2019, 11:03:23 PM
 #17

Bitcoin investment is not all about holding, there is no guarantee that you can gain profit by just holding it alone. You need to use bitcoin as a currency like doing buy and sell. I don't see any mistake investing in bitcoins as long as you are aware of risks involve on it. You just need yourself to be keep updated on the markets.

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October 01, 2019, 11:06:43 PM
 #18

Just because you invest in something and lost a little bit of value does not mean you should not have invested. When the price goes down people moan and complain and even call scam but it could have gone the other way. You can't just be there when things are going well. No investment in the world is going to just continue to go well all the time. Some investments will grow year after year but will still have the down periods. You need to be patient and ask yourself whether bitcoin is really for you. You need to believe in it as a currency and actually make use of it too.

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October 01, 2019, 11:21:53 PM
 #19

If the investment is made after understanding better about its growth pattern, then it isn't a mistake. Then one should have the patience as well as should be very careful while investing as you're new to the community. More scammers will attract with schemes that give very big multiples upon investing. Don't get greedy and fall as a prey. Think and do the right thing at the right time.

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October 01, 2019, 11:34:28 PM
 #20

The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
It happened 4 times already (4 bubbles). In each bubble there were people like you, that bought on high or highest point and waited years to get their money back or wait a little longer and get 10 times their money.
Most of people like you sell at some point before next bubble, taking a loss. Some wait to get even, but majority are not suitable for investing and commitment, which is often hard, sometimes very hard and sometimes impossible.

I hope for the best for you, you did take risk, you bought high but only when you sell you will decide your fate Smiley so not everything is lost  yet.
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October 01, 2019, 11:39:48 PM
 #21

I think you did the right thing. From now on, you shouldn't rush and sell your Bitcoin. Bitcoin price has down to 8k dollars from 13k. According to my guess, we are in the accumulation phase. When this phase ends, Bitcoin will most probably start to climb up.

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October 02, 2019, 12:46:10 AM
 #22

No it's not a mistake. New investors are just starting and it's not like they're supposed to gain that easily after investing. Since the price is decreasing, it's the best time to buy bitcoin and wait for an increase. It was never a mistake if you know how to handle and manage your bitcoin for you to gain.

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October 02, 2019, 12:51:27 AM
 #23

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
No, you didn't. You just made a mistake in understanding how investing in bitcoin works. Bitcoin ain't like gambling that after one game you would instantly get rich or something. Bitcoin is a long term investment that involves a lot of market research to determine whether or not you should hold or not. If the market is going down, buy coins and wait for the market to go up. If it has exceeded your probable budget, wait and see if it could go higher then start selling. You just need patience and research in investing.

R


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October 02, 2019, 01:21:28 AM
 #24

Depending on the person of what happened to him/her and how he/she used the Bitcoin to ask that question. Investing in Bitcoin is not a mistake, it's your fault for selling the price at a lost. Investing in Bitcoin is not a mistake, it is your fault for investing in a shitcoin that has no value. Mistakes can be made if you did not do a proper research about something. Just like in Bitcoin, people tend to invest in it even without knowing what is it, what happened in the past, and how it is used then cry how about the price when a correction happens.
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October 02, 2019, 01:29:58 AM
 #25

First of all, your coming at this with completely the wrong mindset - you, like many other people who have been brainwashed, and are under the impression that BTC is a quick get rich scheme, which is not the case.

BTC obviously is very volatile, and could easily go up or down 20 percent in the span of 24 hours - but don't let this scare you, we've seen great media coverage and adoption over the years, and it'll slowly continue growing, just don't let the bumps scare you off.

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October 02, 2019, 01:45:33 AM
 #26

depending on how the person views BTC,
if we view BTC as an asset, then it can be an investment choice,
if we view BTC as a means of payment, it is not possible to invest in BTC, because people invest know the benefits and advantages, and it all depends on how we judge BTC,
small example, if we consider BTC as a speculation tool and many people have lost money in BTC, then of course that person does not invest in BTC, because they do not believe and only the risk is obtained.
so, mistake or not depends on how you see and rate BTC. That is your decision, because it is your money.

.SUGAR.
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October 02, 2019, 02:15:29 AM
 #27

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
Bitcoin is a currency so don’t expect this to bring you fortune instead treat this as one important thing that can help you and everyone in future

This is the problem with many so called “Investors” on who’s entered the market here just to earn but knows nothing deep about ho crypto works and don’t even know Blockchain

You will never commit mistakes in bitcoin if you know how to keep your patience and never afraid when you see market is falling down because the truth is recovery always follow the fall









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Mars,           
here we come!
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October 02, 2019, 02:19:56 AM
 #28

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

This question will always pop up to newbie investors whether it is bitcoin or stocks. My answer will always be the same.

IF you did your due diligence like knowing the facts, basics and the reasons why it is a good investment, then it is not a MISTAKE. It is just a SETBACK.

But if you invested because you are just riding the hype or any other reason without doing the necessary research first, then it is a MISTAKE. It is a mistake even if you profited in it because you will make the same move again and you might not be as lucky the next time.
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October 02, 2019, 02:42:22 AM
 #29

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

This question will always pop up to newbie investors whether it is bitcoin or stocks. My answer will always be the same.

IF you did your due diligence like knowing the facts, basics and the reasons why it is a good investment, then it is not a MISTAKE. It is just a SETBACK.

But if you invested because you are just riding the hype or any other reason without doing the necessary research first, then it is a MISTAKE. It is a mistake even if you profited in it because you will make the same move again and you might not be as lucky the next time.

You're right! If people didn't really knew what is Bitcoin all about and its ever growing network value including its community, then it would probably led them to have doubts which I think is just normal in the sense that we're not quite accustomed to this levels of volatility not unlike traditional markets!

I suggest we should take into consideration Bitcoin's strong fundamentals first such as rising number of adopters, increasing volume of transactions, and the increasing growth in network value - this I think are very positive traits possessed by Bitcoin that has produced many optimists. That is why I guess Bitcoin will be very viable for long term hodling in the hope that it can give very good returns to its hodlers in the end. I should say patience is the key! Smiley
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October 02, 2019, 02:49:47 AM
 #30

You can't be rich in 1-2 weeks with bitcoin.
investing in bitcoin is for the long term
There is nothing wrong if you invest today
just hold your bitcoin.
and waiting for sky rocket in 2021 after halving

.
.DuelbitsSPORTS.
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CryptoBry
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October 02, 2019, 02:55:45 AM
Merited by minime0105 (5)
 #31


 You know this question is unavoidable...


I understand what you mean because as far as I know whenever Bitcoin is making a dramatic dip people are going to be asking the same unavoidable question if they are making a big mistake putting their trust with it or is there really a good future ahead for this cryptocurrency. Given the volatile nature of Bitcoin, this question should have been settled a long time ago. The thing is that in its entire 10-year history, Bitcoin has had been proclaimed dead many times over but amazingly it also has this resilient quality so that it keeps on coming back -- akin to the resurrected legendary Phoenix I would compare.

People who are doubting on Bitcoin's capacity to get back on track once again can, of course, jump the ship and just forget about it, but there is always the better way: wait for some time or just hold for some weeks and witness how Bitcoin can be out of the bearish period and it will start roaring its power for all of us to see. Now, I am not actually sharing this like financial advice to anyone but just sharing what I already experienced with Bitcoin and what I predict will be happening soon. I think the mistake is not getting involved with Bitcoin and not getting into it while there is a big dip.
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October 02, 2019, 02:56:00 AM
 #32

That should entirely depend on when you invested in bitcoin, because not everyone who invested will make such statement, some are very glad they did,
Those who invested when btc was let's say $400 - $1000, do you think they will be making such statements? No I don't think so, rather they are among the pioneers of btc,
Only those who invested during all time high will make such statements, but they willing to give some time, the reward will worth the wait.

Take the 16 years old boy who invested in btc with money given to him by his grandmother as an example,  his is glad he did, no regrets whatsoever.

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October 02, 2019, 03:07:53 AM
 #33

Every investment is a risk. I think bitcoin is definitely not a mistake. There are many economic rebellions in countries. I think bitcoin will work great because it depends on mathematics, science and transparency. Don't worry, you're okay
Your point of encouragement is enough for OP to understand that he is not on the wrong way and he only needs to keep the faith to become successful in future
If we’re investing in Bitcoin surely we are in good hands it’s just happen that volatility mostly taking place that’s why we end up losing beliefs but in the end of the day after months of dumping we can find profit just hold on

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October 02, 2019, 03:30:13 AM
 #34

Every investment there is a risk. There are times when the value of our investment decreases and increases. Indeed investing in bitcoin is very risky because the price is very volatile. But bitcoin investment is not a mistake. 

Just hold until the price goes up because to ride bitcoin it never takes a long time. In an instant bitcoin can skyrocket. If you are patient then you can definitely get a big profit.
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October 02, 2019, 03:50:01 AM
 #35

Like anybody says it is never a mistake, whether you buy it at a low or high price then it goes down a little. Keep in mind bitcoin is the king of cryptocurrency, Yes it is volatile that's why many people are in loss. because they are selling at loss. Buy high sell low because they panic, never do this but always try in your own risk buddy.
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October 02, 2019, 03:50:27 AM
 #36

Perhaps, from the point of view of the current situation, this seems to be a mistake for you. However, a certain time will pass and you will definitely change your mind about the advisability of investing your funds in bitcoin. It was estimated that since the appearance of bitcoin in January 2009, bitcoin has been profitable for investing in 98.2 percent of cases. So your investment should be profitable over time. You only need to be able to wait for your time.

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October 02, 2019, 03:57:52 AM
 #37

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
There is a misconception formed in the cryptocurrency community about investing in bitcoin, many people thought that they can become rich easily if they do bitcoin investment. If our mind set is like that, we should change it for us to protect our capital.
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October 02, 2019, 04:59:36 AM
Merited by minime0105 (1)
 #38

That doesn't mean that you have lost everything and Bitcoin has gone away from the market, Not at all, Night is still young Dude. Don't make any decision in a hasty way. It's a matter of time to get a high price again up. don't be worried in this way. You should take every decision after taking it very carefully, I also let you know that Bitcoin is not a profit-making coin, it's like money, it's a payment method, If you want to make some profit from Bitcoin then you have to hold for a long time and wait for the high price. Again I want to say that Bitcoin is not the key to make rich it's a digital currency so let it be clear. Long term investment in bitcoin is always profitable. So try to hold for the long term. Don't sell under your target price. As bitcoin will cross your target price for sure.

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October 02, 2019, 05:24:55 AM
 #39

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

I think that people who had decided to invest in bitcoin, must been read the history of bitcoin price's fluctuation many times. They learned the lessons.
And based on that lessons they knew what to expect. The risk is high, but the potential profit is high too. I guess chances of winning here is really higher then in a lottery.
so hardly they made a mistake..
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October 02, 2019, 05:33:20 AM
 #40

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

Many new investors want to get rich quickly, but they do not know about the risks faced. For new investors, it is important to conduct analysis and learn about Digital asset trading. Many YouTube videos about Digital Asset trading that you can learn.

From the declining crypto-market conditions you can use to buy coins that have good potential. And if then the coin price returns green you can sell it. To make a profit certainly does not have to wait for the price rises very high.

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October 02, 2019, 05:42:42 AM
 #41

I don’t think that investing in cryptocurrency is a mistake, even if you lost your money, it’s just a fee for the experience

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October 02, 2019, 05:47:59 AM
 #42

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
As of now, I don't think it's a mistake to invest in Bitcoin. However, all investments have risks associated with them. You must be prepared and be wary of the prices, don't panic when the price drops. I see Bitcoin as the future, with the constant growth and awareness of the people with its potential and security, I don't think it would go as low as nobody would want to invest on it.



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October 02, 2019, 05:50:24 AM
 #43

Bitcoin is a long term investment without any garanty like lottery or casino but not a bad investment of course Smiley
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October 02, 2019, 06:15:07 AM
 #44

Still very early days to invest in Bitcoin, maybe not as earlier as a few years ago but still now is probably a good time. Where will the price be in 5-10 years? $100 or $250,000+ per Bitcoin is my guess.
wow!,  that's a lot, but not impossible though,  Btc has a great future...
 By then every investor would be happy that they invested
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October 02, 2019, 06:15:33 AM
 #45

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
If you invested in bitcoin thinking that it ran all the way upto 20k from 5k then maybe you are innocent or too foolish because mommy always told you to get yourself in get quick rich schemes. But the thing is that BTC isn't that. People Invest in BTC because they know that it is a world changing technology which is soon going to impact our lives(by soon I mean maybe in matter of years) and when it does it would be a thing which everyone would want to buy and die for just like they are for fiat today. Either hold your BTC until this day or I have a better plan for you learn trading and trade your way out irrespective of the fact that in which direction market goes. Market is a meter no one can stop it from going up and down but utility does always stays and that is what BTC is having.
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October 02, 2019, 06:17:44 AM
 #46

Mistakes or not it depend on your personal thought but knowing the risk before investing would be wise act because although some of people provide good testimony during invest at bitcoin but often too i see there was plenty of people have been failed to do this but you should be realize invest at bitcoin cannot ensure you became an millionare so if you thought this way can makes you instantly rich then you're clearly wrong about it and it took a lot of efforts to being an successfully bitcoin investor

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October 02, 2019, 06:18:12 AM
 #47

When you invested in Bitcoins you were only thinking about profit but putting aside what losses you can bear therefore I think that it is not something that you did and turned out to be a mistake , there are times when you have to wait to see the bull run , patience is the key , people are waiting since years and therefore I think it is not at all a bad thing, you need to wait for the market to be good again.. it's not magic , it's not lottery , it's Bitcoins , they are unpredictable.

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October 02, 2019, 06:20:10 AM
 #48

depending on how the person views BTC,
if we view BTC as an asset, then it can be an investment choice,
if we view BTC as a means of payment, it is not possible to invest in BTC, because people invest know the benefits and advantages, and it all depends on how we judge BTC,
small example, if we consider BTC as a speculation tool and many people have lost money in BTC, then of course that person does not invest in BTC, because they do not believe and only the risk is obtained.
so, mistake or not depends on how you see and rate BTC. That is your decision, because it is your money.
how do you view Btc?
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October 02, 2019, 06:26:28 AM
 #49

that question is avoidable for a wise bitcoin investor because he will try to play safely .  in the case of you, how can you say that  you did mistake on investing in bitcoin where you dont even state your reason on why you come up with this question  . we dont know if you loose or not  . you can only say you made a mistake when you loose or when you buy at high and then you sell at low  .  literally , you cant go wrong with bitcoin because its the most safest crypto asset ever . its only how you handle your btc  .
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October 02, 2019, 06:36:51 AM
 #50

Investing in Bitcoin is one of the most intelligent things that you've ever done with your money. I can't think of a better investment!! Well, what else did you consider investing in? The stock market is peaking and is going to crash soon under the terrible leadership of Donald Trump. once he ruins that country, people will flock to bitcoin because they'll know that it is the truth and the future.
Lol,  Btc is king,  so I believe too and so should other newbies
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October 02, 2019, 06:42:52 AM
 #51

I think you really made a mistake in investing in bitcoin if you only look at the price of bitcoin itself. You should have known before investing in bitcoin that the price of bitcoin is very unstable and you should have a plan for it. Just to remind you, bitcoin is not a shortcut to getting rich but bitcoin can make you earn money if you understand everything about bitcoin Wink

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October 02, 2019, 06:46:24 AM
 #52

that question is avoidable for a wise bitcoin investor because he will try to play safely .  in the case of you, how can you say that  you did mistake on investing in bitcoin where you dont even state your reason on why you come up with this question  . we dont know if you loose or not  . you can only say you made a mistake when you loose or when you buy at high and then you sell at low  .  literally , you cant go wrong with bitcoin because its the most safest crypto asset ever . its only how you handle your btc  .
This post is not about me,  it is an Avenue for people to be encouraged and enlightened about Btc investments, especially newbies...
 Thanks a lot for your contribution
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October 02, 2019, 06:53:02 AM
 #53

If you have invested in Bitcoin just because a friend told you to do so then you have made a big mistake, but that doesn't mean you're not going to make profits. After all it all goes down to this - is bitcoin going to become adopted as a mainstream currency or not? If you do believe in BTC on the long term and you are ready to hold it through the crazy volatile movements of the market then go for it. But as a rule of thumb you should never base your decisions on another person judgement. Just my 2 cents..
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October 02, 2019, 06:58:15 AM
 #54

The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
It happened 4 times already (4 bubbles). In each bubble there were people like you, that bought on high or highest point and waited years to get their money back or wait a little longer and get 10 times their money.
Most of people like you sell at some point before next bubble, taking a loss. Some wait to get even, but majority are not suitable for investing and commitment, which is often hard, sometimes very hard and sometimes impossible.

I hope for the best for you, you did take risk, you bought high but only when you sell you will decide your fate Smiley so not everything is lost  yet.
wow, I didn't know this,  you see I have learnt about the setbacks experienced with Btc in times past,  am sure others has too.  Thanks a lot for contributing
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October 02, 2019, 08:29:02 AM
 #55

Its too early to say that investing in Bitcoin is a mistake.Those who invested in early 2017 are still in profit and if they had withdrawn it in early 2018 it was indeed the biggest return in any asset at the same time who bought there at $19000 are struggling to breakeven their capital. The way Bitcoin is being adopted at many big platform it may be called at wise investment but the way many govts. bigger financial institutions are behind its existence it may be consider as risky investment as well. I think Bitcoin will hold strong in coming years and investment made into it must return fruitful.

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October 02, 2019, 09:02:20 AM
 #56

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
You did not, well if you thing that you made a mistake by investing in bitcoin, why did you invest in the first place.
Investing in Bitcoin is something you should not regret. It is something to look forward.


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October 02, 2019, 09:04:35 AM
 #57

Quote
DID I MAKE A MISTAKE INVESTING IN BITCOIN?

Bitcoin is worth to invest with! therefore you are not wrong in putting money there.
What is the common mistake of many people is the price of BTC when they enter or bought the coin.
This is a very important thing, so i advise to many people who will invest but new in this cryptocurrency.
Also, do study them first and the market before putting any money here.


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October 02, 2019, 09:05:36 AM
 #58

Anyone can participate in the BTC investment, it does not require holder information, for everyone in the world! However, BTC is not safe for your profits, with strong fluctuations every day, you need enough wisdom to make your own profit.

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October 02, 2019, 09:33:15 AM
 #59

I wish that people stop looking at Bitcoin as a "short term quick money tool". Because it isn't that.
If you expected to become rich over night with small investment, then yes, you've made a mistake.
Bitcoin is most profitable on long term and you need to set up realistic goals that you will not give up with firts signs of bad situation in the market.

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October 02, 2019, 09:43:21 AM
 #60

If you invested in bitcoin to gain a quick profit from it then you made a mistake. Bitcoin will not make you rich in just a snap. I believe that bitcoin should be treated same as money which should be used for convenience such as buying/selling goods and services, to transfer funds and etc., and not just a mere investment tool. That is one of the reason why people despise crypto they invest over night and think they are rich when they wake up.

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October 02, 2019, 09:50:34 AM
 #61

Well that depends on your on time when you invested on bitcoin early well your investment isn't a mistake but if you invested after the epic bull run and you managed to hold up this day well i think i think that 3000 usd profit is still good anyway, do not think that investing on bitcoin is mistake just hold on your bitcoin no matter what since the supply decreases every 4 years so, the price will rises (law of demand and supply).
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October 02, 2019, 10:06:29 AM
 #62

Not yet make mistake with investing your money in bitcoin, maybe you buy bitcoin in $8k you can sell next month with higher price above $10k and more, you get much profit with your bitcoin investing.
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October 02, 2019, 10:24:55 AM
 #63

Of course you don't, stop thinking that way. In every business or in every investment, there are ups and downs, there are risks and that's natural. Bitcoin investing is not different from them, maybe we can say that it was a little bit more risky because of the volatility but nonetheless it's the same. Keep in mind that the place/thing you are investing in is not an issue as long as it is legit, the future of your holdings still depend in your hands — on the way how you manage it.



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October 02, 2019, 11:23:28 AM
 #64

Just to be clear all the people who have made a fortune or a sizable amount from bitcoin haven't started yesterday or last year or whenever the price started going up, they have invested and supported bitcoin since the early days,they stayed with it and believed in its cause though the bad times and the good times, so if you say that you made a mistake when you invested in bitcoin just because of a minor set back than this is not for you, bitcoin requires patience and a nerve of steel and if you stick with it it will reward you.
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October 02, 2019, 11:32:16 AM
 #65

I didn't make a mistake investing in bitcoin, and I don't have to regret it. But I don't know with the other people because we have a different time to investing in bitcoin. Some of us are investing in bitcoin when the price is very low, and the other people are investing in bitcoin when the price at a very high. So no matter how they invest in bitcoin, we cannot blame them. That will be their decision to invest in bitcoin, but after all, they didn't make a mistake too.

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October 02, 2019, 11:43:51 AM
 #66

There's nothing wrong with investing in Btc. Actually, at this point, there's no better market where you could invest the funds.

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October 02, 2019, 12:01:34 PM
 #67

I'll answer with my position now who can be say as investor bitcoin although I just store a little money on it but I have comfortable feeling.

You didn't do mistake when you choose bitcoin as your investment place, even I would say bitcoin is one of the promising place to be choose as a tool to storing your money.

Although, you will find some people who say bitcoin is as a way to double money quickly but I just give you a suggestion don't make it as a benchmark.

But made it as a reference to keep your positive behavior when bitcoin price going down so as you will be safe to make a stupid decision when you seeing it.

I have done that so far, so as when panic selling coming up I just calm down and let it happened.

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October 02, 2019, 12:06:36 PM
 #68

I don't think at this point anyone should be worried whether or not investing in bitcoin was/is a good idea. I think we have legit passed that stage now. It is no news that Bitcoin is the ultimate coin in the cryptocurrency industry, and it is safe to say that it is one of the top rated, and as a matter of fact, safest coin to invest in.

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October 02, 2019, 12:42:20 PM
 #69

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

If you asked that question then you have not done proper research and you are not investing right if you are not confident in your self it will reflect on your attitude on investment, so never ask that question and if you are going to ask that question then you sell your Bitcoin and cut your losses and only come back if you are confident enough to accept every situation that comes along

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October 02, 2019, 12:48:29 PM
 #70

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

Making a bitcoin investment is not easy. At least you should make proper market research before making any investment. I don't think now is a good time for starters to invest in bitcoin because the cryptocurrency market is unstable, no one knows what would happen tomorrow. It's better to invest in bitcoin when the market is less volatile.   

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October 02, 2019, 01:14:55 PM
 #71

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

only if you expected to invest , say , 50.000$ at 10k , then wait a month , sell at 11.000$ and be happy with that
then this would be a mistake , since investing in bitcoin should be considered a longterm investment with very volatile periods
it is not uncommon for bitcoin price to fluctuate 10-50%  , some price drops can be really disheartening
but if you are in for a longterm , bitcoin investment is one of the most profitable
it made 100005 + in several years and the chances are it can make even more in all of the years to come

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iePlay NoweiI
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October 02, 2019, 01:20:47 PM
Last edit: October 02, 2019, 01:54:13 PM by Ashong Salonga
 #72

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
If you are newbie here in crypto world and invest a huge amount money i think it is not a good idea, because right now the price of bitcoin is still not stable but i think you still made a great decision on choosing btc because btc is still the best among the rest of cryptos.

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October 02, 2019, 01:40:01 PM
 #73

Making a bitcoin investment is not easy. At least you should make proper market research before making any investment. I don't think now is a good time for starters to invest in bitcoin because the cryptocurrency market is unstable, no one knows what would happen tomorrow. It's better to invest in bitcoin when the market is less volatile.   
Yes he should first research before he invest in something, if he want to learn he should atleast learn how to invest what he can afford to lose, well I see that he does not learn this one, he need more patience and need more knowledge regarding crypto world in order for him to realize and learn. The first mistake you will do is if you invest on a thing that you did not study or research before you put your money to it.

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October 02, 2019, 02:06:05 PM
 #74

Now, before allowing anyone buy bitcoin through me, I sit them down and make them write down the risk associated with bitcoin investment as regards it high volatility. If they are comfortable with it, I help them out. This decision I took because of 2017 crash which saw my portfolio and that of my student went down. So I ensure no one is told any lie.
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October 03, 2019, 04:29:26 AM
 #75

Investing in bitcoin is one of the best moment of my life and I know once you invest in bitcoin your money is not wasted. Maybe some of investors are now regret because they invested on bitcoin but for me there is nothing to worry or to regret. Hence, in the future they will surprise that bitcoin will become valuable and on that day some of them will have great future and life simply because they invested on bitcoin. Just be happy that you have invested in bitcoin.

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October 03, 2019, 06:53:17 AM
 #76

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
If you feel doubt about in Bitcoin even a little bit, I could say that you are making a mistake investing in Bitcoin.
Because earning it is not just an easy things as what others thinking. You need to accept things once you decide to invest
in bitcoin, if you use in a wrong way you could lose you chance to earn it. But if you do the right things to use it accordingly,  I can
guarantee you that you can earn good in the end for sure in bitcoin.
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October 03, 2019, 07:01:48 AM
 #77

Bitcoin is not a get rich quick scheme. It’s still a very young, raw asset. Most of us OG’s have made huge profits but it wasn’t quick. With extreme patience & the power of HODLING comes big rewards.

If you bought today for example & HODL for 18 months it could be the best thing you ever do.

Just don’t expect to buy today & get rich overnight, it doesn’t happen. People with zero patience who’ve read about getting rich quick with bitcoin shouldn’t bother if they haven’t got the balls to HODL through tough times. Nothing good in life ever comes easily.

Most of the people that doesn't have patient and wanted to get rich real quick is the kind of people that are scammers prey. Those kind of people believe in anything as long as it is about making easy money, doubling up their money and so on, and this is the mistake that you OP want to avoid at all cost. Investing in bitcoin is a real deal but be patient enough and trust bitcoin's capability to give you profits.
TBH with such a high volatility, crypto can earn you huge profits if trading is done wisely. Similarly, the high volatility and uncertainity can lead to huge losses. Most of the new traders usually jump in crypto for making easy money because cryptos are being portrayed like this globally. The problem isn't crypto or its volatility. Problem is with the people who know nothing about trading but still jump in. Making money is easy in crypto but for that knowledge is the key which people usually overlook.
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October 03, 2019, 07:09:32 AM
 #78

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

Its all about time, remember years ago some guys was very happy selling his bitcoins at 1 usd, also people who bought at 100 usd thought they make a big mistake,

dont know at what price you bought, but remember, is its all about time, try to average down if you still have some funds, or wait for low price, thing is nobody

really knows how low can go bitcoin or when the price start to go up again, dont be desperate, remember one of the rules of crypto is Buy Low and Sell High.

HODL my friend HODL
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October 03, 2019, 08:54:09 AM
 #79

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

Investing in bitcoin is not a mistake and unless you bought btc at 20000$ and sold at 7000$
There is nothing to regret.

Price vulnerability is constant lately due to bitcoin adoption processes; as bitcoin grows and gets accepted; it will be better and price improved

When investing; ignore today and look to what the future brings
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October 03, 2019, 08:57:24 AM
 #80

No, you did not make the mistake of investing in bitcoin. The only mistake you make is the timing of investing where the price of bitcoin is rising. We should be especially careful when investing money. My advice to those who want to invest in bitcoin is to study its chart and buy at a cheap price. So that we can quickly recover our money due to falling btc prices.
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October 03, 2019, 09:27:48 AM
 #81

What your question as a joke, how come your investing in bitcoin become mistake. You have save your asset safety than you hold or save using money in the bank, with bitcoin your money always growing every day depend on how bitcoin price always grow up and higher. Never disappointed about your motivation to keep money in bitcoin.
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October 03, 2019, 10:11:19 AM
 #82

If you have a time make a research all about bitcoin, it’s feedback from the users so you will know it’s benefits. If you read some statement about bitcoin from others you will understand. The fact that price is volatile still we could earn from bitcoin. You did not make a wrong move in investing in bitcoin if buying at this time still you can earn if you can wait for the increase of price. If in doubt do not invest yet gather some information about btc.
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October 03, 2019, 10:19:48 AM
 #83

Most people invest into bitcoins because they heard about the success story of someone making an enormous profit after their investment, they therefore rushed and buy a huge amount of Bitcoins and hope to see their profits rising in the shortest possible time but that is not the way that it works reaping the benefits of investing into cryptos takes time and a lot of patience and if you are an investor wondering if you made a mistake then i will say that you have to be patient.
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October 03, 2019, 10:34:55 AM
 #84

If you are not sure whether to invest in bitcoin or not, you better not do it, you may regret it
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October 03, 2019, 10:39:49 AM
 #85

The answer to your question depends on you... Weren't you aware of the advantages and disadvantages of investing in Crypto and still went ahead to invest?  If yes, why then are you asking this? You know the price goes up and down.  If no, why did you invest in the first place without knowing how it works?
I would advice that you know how the market works in order not to be afraid or worried.
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October 03, 2019, 10:48:44 AM
 #86

It all depends on your position on this account and the entry point. If you are an early investor in bitcoin, then you have already multiplied the invested profit many times.
If it’s late, then as bitcoin develops, you can also get rich, provided that you have enough time and patience to wait for the right moment, because Bitcoin is not a stable asset.
The overall trend of Bitcoin is positive, I think this alone should say a lot.

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October 03, 2019, 11:15:15 AM
 #87

please man, that shouldn't be a thought. investing in bitcoin should be one of the best choices you've made in your life's career. you're gonna have a bright future ahead of you
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October 03, 2019, 12:55:43 PM
 #88

Investing in bitcoin is never a mistake because it can provide you a fortune but please know that you can’t get rich with bitcoin overnight. It is not like Ponzi scams that promise investors high returns in a short period of time. Bitcoin market is very unpredictable and it takes patience. Patience not only in understanding the advantages and disadvantages but also patience with the price trend that fluctuates almost every hour.
Bitcoin is the best long term investment for me, we may see now that it is around $8k but I know in the coming days, weeks, months or perhaps a year, it will again rise up.
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October 03, 2019, 02:49:02 PM
 #89

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

Bitcoin is a very high risk investment option. There is a good chance that your investment can give you 10x or even 25x returns within less than 3 years. But at the same time, there is an even greater chance that your investment may become worthless within the same duration. You might have researched about the risk factor before making this investment.

One thing I have told to those who wanted to invest in Bitcoin is that they should invest only as much as they could afford to lose. I have seen a few threads here, where the users were claiming that they sold their house and invested in Bitcoin with whatever they got from the sale. I would never condone such actions. On the contrary, I would say that no more than 10% of your portfolio should be made up of Bitcoin (not applicable in case you had initially invested a small amount and later it grew to a large portion of your portfolio).

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October 03, 2019, 02:59:51 PM
 #90

You are on the right track on investing to bitcoin.
YOU are not just investing on it but for the good future we will have.
This is the new currency that will adapt worldwide. You might be wrong in the time and price you entered on investment.
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October 03, 2019, 03:38:58 PM
 #91

Of course not. Its like about two years since my first btc investment. I gradually selling and buying it until I got the right price. Its better to have part of your fund to be invested in btc rather than nothing at all. You can diversify your assets to be able to grow it whichever it may flourish.
But you forgot to understand how risk possible happens is. Investing in bitcoin is not a mistake decision, despite this is a good opportunity, but as I say you need to know how risky it is. Well to those people who are new to bitcoin it's normal to be afraid but in the long run, you'll be able to get used to it. Bitcoin is not like fiat. Its value is volatile so it may rise or fall from time to time. All you need to do is to patiently wait for its value to rise up again.

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October 03, 2019, 04:56:21 PM
 #92

.
DID I MAKE A MISTAKE INVESTING IN BITCOIN?


It can be either yes or no. If you invested in Bitcoin because you heard people or friends  talking about it without spending some time reading or researching about it and how its market looks like then you made a mistake investing in bitcoin. You can easily lose your investment capital. But if you understand how the  bitcoin market works and understand the patterns of price changes of Bitcoin, it is never a mistake investing in Bitcoin. This is because you will know what to do at any moment in time when the market changes.   
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October 03, 2019, 05:40:51 PM
 #93

1. When did you bought bitcoin ?
2. I hope you didin't bought what you can't afford to loose
3. What is your investment plan ? Short or long term ?
4. Bitcoin always recovers or at least until now it did.
5. Don't get impatient regarding price and don't panic sell.

This steps could help you to put everything in balance and make a wise decision next time if you panic bought during bull run.
In the long run you'll be fine because Bitcoin is here to stay and only a few % of the world population is using bitcoin so this we're all the early adopters of Bitcoin and Blockchain even if we joined in 2011, 2013 , 2015 or 2019.

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October 03, 2019, 06:52:47 PM
 #94

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
If you feel doubt about in Bitcoin even a little bit, I could say that you are making a mistake investing in Bitcoin.
Because earning it is not just an easy things as what others thinking. You need to accept things once you decide to invest
in bitcoin, if you use in a wrong way you could lose you chance to earn it. But if you do the right things to use it accordingly,  I can
guarantee you that you can earn good in the end for sure in bitcoin.
OP seems to be worried for the sudden decreased in price of bitcoin. But everyone is actually worried, but as we said, profit does not happen overnight and it takes a lot of time before having a profit. Good things come to those who wait, OP didnt make a mistake, waiting for the market to recover will take time. We all know that a few months later, it will start to recover from now.

AMEPAY
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ethereumhunter
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October 04, 2019, 01:11:41 PM
 #95

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
If you feel doubt about in Bitcoin even a little bit, I could say that you are making a mistake investing in Bitcoin.
Because earning it is not just an easy things as what others thinking. You need to accept things once you decide to invest
in bitcoin, if you use in a wrong way you could lose you chance to earn it. But if you do the right things to use it accordingly,  I can
guarantee you that you can earn good in the end for sure in bitcoin.
OP seems to be worried for the sudden decreased in price of bitcoin. But everyone is actually worried, but as we said, profit does not happen overnight and it takes a lot of time before having a profit. Good things come to those who wait, OP didnt make a mistake, waiting for the market to recover will take time. We all know that a few months later, it will start to recover from now.

That is normal if OP feels worried, but he can manage his feeling to stay calm. I am sure OP can be patient like other people because the patient is needed in waiting for the price back to the higher price. As long as he can hold his coin, he will make a profit, and maybe the market will change this month. So there is nothing to worry about or afraid, just follow the market moves and enjoy the ride. We all now have the same experience in waiting for the market back, and we have time to see the profit.

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October 04, 2019, 01:19:08 PM
 #96

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
Investing on bitcoin with your right mindset was never a mistake because you do buy bitcoin to support it and you believe you will earn money. I know many people lose their money because they only think to earn money within a week after investing, if you really want to make money then know how to play with the risk.
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October 04, 2019, 02:33:39 PM
 #97

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
Investing on bitcoin with your right mindset was never a mistake because you do buy bitcoin to support it and you believe you will earn money. I know many people lose their money because they only think to earn money within a week after investing, if you really want to make money then know how to play with the risk.
Indeed ! We need to have a mindset like that. If we will have a regret in everything that we are investing for, then in the future we will regret the we put our money on it. Market may dump , its normal, sometimes we will lose some of our money because of the dump but we need to endure it and understand. Take the risk and be a long term hodler , soon you will get more money than your invesment.

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October 04, 2019, 03:06:00 PM
 #98



DID I MAKE A MISTAKE INVESTING IN BITCOIN?


Its about the time you invest into bitcoin, maybe the last ATH, If you can be patient will always make your profit in bitcoin its just about when. As long as your coin is safe then be rest minded, I wish you can take more risk at buying again but at this lower price, it will show you have learnt your lesson. Buy at the dip and sell high, not at the high.

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cheezcarls
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October 04, 2019, 05:52:08 PM
 #99

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

My answer would be like this. Everything in life has risks, especially Bitcoin. As the old saying goes, "Invest what you can afford to lose" or "Invest at your own risk". I understand how new investors feel when they decide to get into Bitcoin, no matter what amount did they put in.

It's all about changing the perspective by looking on the positive from the negative. Like if Bitcoin falls, they should think of it as an opportunity to buy more or risking it not to see that price again for a very long time.

Before new investors would invest in Bitcoin, they need to be educated and equipped if something happens to its price (whether if it's going up or down in value). Either way, they should be ready (especially their emotions and how to overcome them). Just my two sats.

Pla
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spadormie
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October 04, 2019, 06:08:39 PM
 #100

Yes you are mistaken in investing in bitcoin. You are mistaken on your mentality thinking that bitcoin is an instant rich scheme. You cannot be winning all your trades in bitcoin by night. Although that could happen but during a sudden rise.

Remember also that bitcoin is not risk-free. You are risking your own money in bitcoin. So, the thing you should do is study first bitcoin and about its volatility. 




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October 04, 2019, 06:39:51 PM
 #101

In my opinion, investing in bitcoin is the right decision. But it is necessary to be patient and not listen to any fake analysts who doesn't understand this sphere properly, but that constantly advise everyone to risk their funds.
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October 04, 2019, 06:46:04 PM
 #102

It is a mistake to keep your fiat investment  Grin

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

My answer would be like this. Everything in life has risks, especially Bitcoin. As the old saying goes, "Invest what you can afford to lose" or "Invest at your own risk". I understand how new investors feel when they decide to get into Bitcoin, no matter what amount did they put in.

It's all about changing the perspective by looking on the positive from the negative. Like if Bitcoin falls, they should think of it as an opportunity to buy more or risking it not to see that price again for a very long time.

Before new investors would invest in Bitcoin, they need to be educated and equipped if something happens to its price (whether if it's going up or down in value). Either way, they should be ready (especially their emotions and how to overcome them). Just my two sats.

If you never take risks you will never get a big reward. Risk is good and so is a failure. People fear failure and think they are a loser if they fail but it is not true. Failing is just another way to learn and teach yourself one more way of how not to do something. Nothing happens if you never take risks.

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October 04, 2019, 06:50:54 PM
 #103

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

Why do u think so?
Only because of rates?
It happenes sometimes
Just wait
BTC will grow anyway again
and you will get your profit 
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October 04, 2019, 07:42:21 PM
 #104

In my opinion, investing in bitcoin is the right decision. But it is necessary to be patient and not listen to any fake analysts who doesn't understand this sphere properly, but that constantly advise everyone to risk their funds.
To be clear, Investing bitcoin at the right time is the right decision. Doing some research on different trusted sources can help you gain some knowledge on and when to invest in bitcoin. It can decrease the probability that you are going to lose on your investment, risking your funds can drive you to success by doing the right decision thats why gaining knowledge first is important. If you somehow lose it might give you another reason to learn more and to correct the wrong thing that you make.
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October 04, 2019, 07:56:20 PM
 #105

In my opinion, investing in bitcoin is the right decision. But it is necessary to be patient and not listen to any fake analysts who doesn't understand this sphere properly, but that constantly advise everyone to risk their funds.
To be clear, Investing bitcoin at the right time is the right decision. Doing some research on different trusted sources can help you gain some knowledge on and when to invest in bitcoin. It can decrease the probability that you are going to lose on your investment, risking your funds can drive you to success by doing the right decision thats why gaining knowledge first is important. If you somehow lose it might give you another reason to learn more and to correct the wrong thing that you make.
There is no right time for investing in Bitcoin because if you want to earn a profit you would do it now. Buying and selling will need a right time because it is a part of your trading activities but before all of that one must have the required knowledge to perform the trading with less losses.

3996
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October 04, 2019, 08:44:08 PM
 #106

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

My first question to you is that how well do you know and understand what investing means?  You shouldn't invest into something just cause people are investing into it. With bitcoin investment, you need to understand the basic factors that influence the changes in the market value of Bitcoin and also the basic principles of cryptocurrency investing...
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October 04, 2019, 09:58:11 PM
Last edit: October 04, 2019, 10:34:05 PM by pixie85
 #107

The most recent market setback was a correction that followed a number of big gains. How can you say that Bitcoin isn't doing good if it rose from 4000 to 12000 dollars and then fell down to 8. It's still up two times from it's yearly lows?

I say OP did not make a mistake. We are still in a very early stage. We are smaller than companies like Apple and Amazon and this is something so important that will change the world. Amazon isn't even available in every country but Bitcoin is. Some countries have banned it but you still can get it there by registering in a foreign exchange or getting to know a trader.
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October 04, 2019, 10:11:00 PM
 #108

Such statements is normal when it come to sudden decline of investment expectations, shortly after investing.  The profitable in bitcoin investment is in HODL and trading.  Then you will be rest assured of gain if you are knowledgeable about the ethics.
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October 04, 2019, 10:13:31 PM
 #109

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

Bitcoin is an asset a money surrogate it should be caught at the bottom in the red zone and sold on the rise but this is the most difficult thing its volatility is not predictable. Blockchain technology is interesting. Bitcoin it's a byproduct of evolution
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October 04, 2019, 10:24:20 PM
 #110

Everybody wants to be rich in one day. How much was the bitcoin when you invested? This question asks whether you made a mistake in investing. Still too early for bitcoin. It has a long way to go.

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October 05, 2019, 03:53:56 AM
 #111

In my opinion, investing in bitcoin is the right decision. But it is necessary to be patient and not listen to any fake analysts who doesn't understand this sphere properly, but that constantly advise everyone to risk their funds.
To be clear, Investing bitcoin at the right time is the right decision. Doing some research on different trusted sources can help you gain some knowledge on and when to invest in bitcoin. It can decrease the probability that you are going to lose on your investment, risking your funds can drive you to success by doing the right decision thats why gaining knowledge first is important. If you somehow lose it might give you another reason to learn more and to correct the wrong thing that you make.
There is no right time for investing in Bitcoin because if you want to earn a profit you would do it now. Buying and selling will need a right time because it is a part of your trading activities but before all of that one must have the required knowledge to perform the trading with less losses.
LOL, I don't understand your statement, You said that bitcoin has no right time to invest in and after that, you claim that buying and selling needs a right time, I don't really understand your claim. Investing in bitcoin is buying bitcoins and If we are talking about investment, Managing investment is a part of it. Managing investment does fall apart on different things but trading the investment asset is one of the things that needed to be done to have a successful investment specially on the digital assets.
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October 05, 2019, 04:05:24 AM
 #112

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
If you feel doubt about in Bitcoin even a little bit, I could say that you are making a mistake investing in Bitcoin.
Because earning it is not just an easy things as what others thinking. You need to accept things once you decide to invest
in bitcoin, if you use in a wrong way you could lose you chance to earn it. But if you do the right things to use it accordingly,  I can
guarantee you that you can earn good in the end for sure in bitcoin.
OP seems to be worried for the sudden decreased in price of bitcoin. But everyone is actually worried, but as we said, profit does not happen overnight and it takes a lot of time before having a profit. Good things come to those who wait, OP didnt make a mistake, waiting for the market to recover will take time. We all know that a few months later, it will start to recover from now.

That is normal if OP feels worried, but he can manage his feeling to stay calm. I am sure OP can be patient like other people because the patient is needed in waiting for the price back to the higher price. As long as he can hold his coin, he will make a profit, and maybe the market will change this month. So there is nothing to worry about or afraid, just follow the market moves and enjoy the ride. We all now have the same experience in waiting for the market back, and we have time to see the profit.
It is indeed normal, but for some other people, they became paranoid because of this sudden changes in price. That's the common problem to new holders of bitcoin, they don't know how to become patient. Making everything in rush, all they think is they will earn big profit once they have invested in bitcoin.

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October 05, 2019, 05:42:34 AM
 #113

It depends on the person. Why did I say that. It is for the reason that if you are a short tempered person, then obviously it is a mistake for you. Investing in bitcoin requires patience, all succesful people here have waited for years, even their frustrations pile up, they still hodl. Look where are they know.

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October 05, 2019, 05:42:41 AM
 #114

I had that kind of question when I started investing with Bitcoin. The dip is quite frustrating sometimes but if we'll look back in the history of bitcoin, we could notice that long hold is the best decision that we can do to gain a good profit. Investing with Bitcoin could only be a mistake if you don't have patience.
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October 05, 2019, 05:51:24 AM
 #115

It can be two sides, it can be a mistake and can be a benefit. First of all, how investing in bitcoin can be a mistake? Investing in bitcoin will just be a mistake if you just go in without knowing a thing about bitcoin and you don't have any idea how investment in bitcoins works. It will be a benefit if you know what you are doing before you invest your money in it.

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October 05, 2019, 11:27:24 AM
 #116

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

You need to have a well-known skill. Something that most of them ( new investors ) wish they had it. It's called... HODLING.
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October 05, 2019, 11:32:16 AM
 #117

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

In my opinion, it is necessary to invest but diversify the portfolio. No one will give any guarantees that bitcoin will grow quickly it should be played for a long time. Its emission is limited and this gives hope for its growth in the future. But no one will give anyone guarantees. Its volatility on the swings can last for years and decades. This is my opinion and your business to listen to it or not
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October 05, 2019, 11:35:57 AM
 #118

It depends on the person. Why did I say that. It is for the reason that if you are a short tempered person, then obviously it is a mistake for you. Investing in bitcoin requires patience, all succesful people here have waited for years, even their frustrations pile up, they still hodl. Look where are they know.

It is true that as an investor, you should be really patient. But if you are just patient and no nothing of what will happen and what might happen, you might just wait until you want to but you should also earn yourself knowledge about what you are investing in. A lot of people made mistakes and they really regret that and that is when people would be blaming bitcoin, they will be saying that investing in bitcoin is a huge waste of time and it is a mistake putting your money in there since it gave them a huge loss but it is not bitcoin's fault but his.

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October 05, 2019, 11:36:12 AM
 #119

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

The important thing to ask is whether you invest for the right reesons.
You see, if you invest to make money in short term. Then the answer will hang on when you invested. Certainly if you invested in January 2018 then, like me you made a mistake.
But if you invested in march 2019, then you are not mistaken.

When you invest for long run, then you don't need to care about small things like this. Just ride it out for sure you will make profit. Then you did not make mistake.
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October 05, 2019, 01:20:21 PM
 #120

I think you did not made a mistake if you invested to the bitcoin when the value is very low but many people are do mistake because the time when they invested is not the right time or the price is very high. But if they wait for sure the price will turn back like $20,000 more and they earn even a little profit.  But the time for now is good chance to get more bitcoin because it's $8000.

 
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October 05, 2019, 02:22:39 PM
 #121

You definitely didn't made a mistake when you decided to invest in Bitcoin. But that said, you would be making a very big mistake, if you listen to all the FUD that is going around and do panic selling. If you are new to the cryptocurrency market, then it will be better to study the past price movements and bouts of panic selling that has occurred. Managing your assets is even more important than choosing the right asset to invest in.

Since you have made the investment, you need to finalize your target now. If you are planning cashing out in installments, then you can make targets for that also. More importantly, you need to have a stop loss price as well. This will prevent you from suffering very heavy losses. And give some attention to the coin storage also. Keep the backups if you are going for a hardware wallet.

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October 05, 2019, 03:06:55 PM
 #122

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

For me, you didn't make any mistake. When investing in bitcoin it is like your patience are being tested. When you want to invest you just need to know that bitcoin is very volatile and it is not a quick way to become rich. Just learn everything on how it works and you will realize that you are not making any mistake.



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October 05, 2019, 05:27:36 PM
 #123

I think you did not made a mistake if you invested to the bitcoin when the value is very low but many people are do mistake because the time when they invested is not the right time or the price is very high. But if they wait for sure the price will turn back like $20,000 more and they earn even a little profit.  But the time for now is good chance to get more bitcoin because it's $8000.
Yes, I agree with you and bitcoin is not a fast way to get profits because it is very volatile and although to get profits quickly it can happen, but it all depends on the market situation and you make a purchase at the right time.
and in my opinion now is the right time to invest because the price is experiencing a decline and there will likely be another increase in the next few months.

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Akiko
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October 05, 2019, 05:32:30 PM
 #124

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

For me, you didn't make any mistake. When investing in bitcoin it is like your patience are being tested. When you want to invest you just need to know that bitcoin is very volatile and it is not a quick way to become rich. Just learn everything on how it works and you will realize that you are not making any mistake.
the patience is really needed mostly if you invest in crypto currency  Bitcoin is not quick to rich scheme that can give you profit every time  you invested.

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October 05, 2019, 06:01:01 PM
 #125

I Would say buying Bitcoin needs to be considered a long term investment in not just the BTC you buy but in the quality of life you would like to have.

BTC is just over 10 years 9 months old as I tend to see the January 3rd date being BTC's Birthday.
BTC and the Cryptocurrency Ecosystem is currency 2.0 and Assets 2.0 compared to "Cash" and "Stocks"
There are many stinker ALTS still but that's part of the Laboratory of altcoins to test out new ideas and new theories.
The next 9 - 39 years for crypto are going to ever more revolutionary for crypto than the 1st 10 years have been in my opinion.
We'll have mass adoption in that time though many people won't be realizing they are using crypto.
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October 05, 2019, 06:02:47 PM
 #126

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 What will be your response to this question?
you must understand, what you really want to invest in Bitcoin?  what is the future or only money!!
if you only invest your money in Bitcoin then I can say you made the wrong choice, but if you invest the future in Bitcoin then your choice is right. Bitcoin is a long-term investment, don't expect you to be rich next month. believe, in the next 2 to 5 years Bitcoin will be worth more than today
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October 05, 2019, 06:03:17 PM
 #127

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

For me, you didn't make any mistake. When investing in bitcoin it is like your patience are being tested. When you want to invest you just need to know that bitcoin is very volatile and it is not a quick way to become rich. Just learn everything on how it works and you will realize that you are not making any mistake.
the patience is really needed mostly if you invest in crypto currency  Bitcoin is not quick to rich scheme that can give you profit every time  you invested.


It would be alot healthier if more people looked at bitcoin this way that its a long term investment. if you hold btc for atleast 5 years im pretty sure you would make some money. maybe not the millions people dream about , but atleast get more then you invested.
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October 05, 2019, 06:12:19 PM
 #128

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

What is your basis for saying that investing in bitcoin is a mistake? Have you suffered a loss or is your investment far from reaching the price beyond the initial price you purchased it?

There are factors you need to consider before investing in cryptocurrencies. Unlike other investments that does not require time and effort after purchasing, investing in bitcoin is a high-risk high-reward type of investment where it requires you to diligently check the market, do some research, and consider the external and internal factors affecting its price.

R


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October 05, 2019, 07:39:36 PM
 #129

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

If you choose the right opportunities and companies in which to invest, then everything will be okay. Investing in Bitcoin is very profitable even during the beginning of the bear market.
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October 05, 2019, 09:59:18 PM
 #130

it is wrong if you invest in bitcoin to make profit as fast as possible. basically, all of investation need to be patient, and some people know that bitcoin is the best investation and can make you rich in a short while in a fact its not true. bitcoin is like the other investation, need take a breath and maybe for some people they can take big jackpot.

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October 05, 2019, 10:07:23 PM
 #131

Bitcoin is built by the numbers to resist other forces in the market. The fact that they had to make cahs settled futures and now options to try and slow its ascent is a big part of that. when the halving hits next may I for one definitely want to be stacking my sats. if I could have 5-10 BTC by then I would be happy.

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October 05, 2019, 10:37:05 PM
 #132

No. Nobody does.
Actually, it depends if you your estimation. If you expect on 1-2-3 years, your expectataions are may be not wrong, but better expect growth in 20-30 years. If you think this way, invest, and your patience will be rewarded. My own opinion, i don't pretend to be thruthful.

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October 06, 2019, 12:52:39 AM
 #133

It is just your negative self-conscious taking over and it happens to everyone. No matter what choice we make we will worry if the opposite choice is not a better one.
I think it is a human survival technique. If you want to succeed you have to push through that though.
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October 06, 2019, 01:39:12 AM
 #134

Investing in Bitcoin is one of the most intelligent things that you've ever done with your money. I can't think of a better investment!! Well, what else did you consider investing in? The stock market is peaking and is going to crash soon under the terrible leadership of Donald Trump. once he ruins that country, people will flock to bitcoin because they'll know that it is the truth and the future.
Yeah I know that, you won't realize it until you do it yourself and earn profit by yourself. there is no investment as profitable as you can get in bitcoin, the price can rise several times, which investment can have such a crazy change?

if you want to be rich, you're not wrong choosing bitcoin as your investement. after the stock market weakens, many people will definitely glance at bitcoin, and that will be your advantage as an early user.
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October 06, 2019, 02:35:58 AM
 #135

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

Let's not be biased here, we are all cryptocurrency enthusiast and based from your topic and opinion, the only way you can have a mistake investing in bitcoin, is the season or time when you invested it. If you are about to invest your money to buy bitcoin when you think its market price is high, then you are about to commit mistake.  What you need to do is to be observant and updated to the news or simply conduct a fundamental analysis of every situation in relation to bitcoin.
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October 06, 2019, 04:37:06 AM
 #136

No. Nobody does.
Actually, it depends if you your estimation. If you expect on 1-2-3 years, your expectataions are may be not wrong, but better expect growth in 20-30 years. If you think this way, invest, and your patience will be rewarded. My own opinion, i don't pretend to be thruthful.

Well, you can ask 10 different experts for how long you should hold your BTC, and they will give you 10 different answers. You need to reach on a figure, depending on the risk taking ability and the share of cryptocurrency in your portfolio. But personally, I think that holding these coins for 30 years is not very practical. Although Bitcoin is without any serious competition right now, it will be foolish to assume that the status quo will continue in the near future. After all, Bitcoin is a technological asset. New innovations frequently make the older ones obsolete, and at some point of time the same is going to happen with Bitcoin as well.

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October 07, 2019, 01:09:09 PM
 #137

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

Funny correlation as such posts like yours I saw them in 2013+2014 a lot on Reddit of people which started to get very uncomfortable with their Bitcoin investment but you have to understand how ProofOfWork works and you'll get again very very comfortable with your Bitcoin investment. Bitcoin is the digitalization of Gold and if we pick this fact then you should check the history of gold and its difficulty rising over the years. Check out what this caused to the price of gold. Bitcoin is designed the same way as every 4Years you have something called Halving on the Blockrewards which means the difficulty to mine Bitcoin gets bigger and bigger every 4 Years and this will increase the price of Bitcoin dramatically as the last 2 halvings showed us aöready.

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October 07, 2019, 02:47:40 PM
 #138

I believe that BTC in long run i a excellent investment, but for short term it often is very frustaring and can be very emotional.
I suggest that do not invest if you want to make a fast return , because it most likely will end in emotional decision to sell at loss.

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October 07, 2019, 06:26:40 PM
 #139

Firstly, one of the main reasons Bitcoin has risen in value so dramatically is its scarcity.There will only ever be 21 million Bitcoins.This tendancy will continue in the future for sure. Secondly, international payments can be time-consuming and surprisingly expensive.Bitcoin has fees too, but Bitcoin often offers lower fees than many foreign transfer institutions. Lastly, everyone loves gold, but is gold the best investment you can make today? We are living in a digital world. Bitcoin represents a new digital era. I think that in the future Bitcoin will be known as the digital gold and i think investing in bitcoin is one of the wisest choices I have ever made.
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October 07, 2019, 06:43:10 PM
 #140

Firstly, one of the main reasons Bitcoin has risen in value so dramatically is its scarcity.There will only ever be 21 million Bitcoins.This tendancy will continue in the future for sure. Secondly, international payments can be time-consuming and surprisingly expensive.Bitcoin has fees too, but Bitcoin often offers lower fees than many foreign transfer institutions. Lastly, everyone loves gold, but is gold the best investment you can make today? We are living in a digital world. Bitcoin represents a new digital era. I think that in the future Bitcoin will be known as the digital gold and i think investing in bitcoin is one of the wisest choices I have ever made.

Having 21 million pieces is actually a very nice illusion. As you know, usually 8 bits are used for Bitcoin. In this case, 21 million * 100 million should be evaluated. As such, there are many ways that Bitcoin's price can go.

21.000.000 * 100.000.000= 2 100 000 000 000 000.

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October 07, 2019, 06:56:37 PM
 #141

Firstly, one of the main reasons Bitcoin has risen in value so dramatically is its scarcity.There will only ever be 21 million Bitcoins.This tendancy will continue in the future for sure. Secondly, international payments can be time-consuming and surprisingly expensive.Bitcoin has fees too, but Bitcoin often offers lower fees than many foreign transfer institutions. Lastly, everyone loves gold, but is gold the best investment you can make today? We are living in a digital world. Bitcoin represents a new digital era. I think that in the future Bitcoin will be known as the digital gold and i think investing in bitcoin is one of the wisest choices I have ever made.

Having 21 million pieces is actually a very nice illusion. As you know, usually 8 bits are used for Bitcoin. In this case, 21 million * 100 million should be evaluated. As such, there are many ways that Bitcoin's price can go.

21.000.000 * 100.000.000= 2 100 000 000 000 000.
I think there's a misunderstanding, I think @bigmick44 is saying that bitcoin has a fixed supply that is 21 million and where did you get that 100 million.
The current mined bitcoin is around 18 million bitcoin. Let's wait until all bitcoins are mined and the price should be exhilarating.
We do have still a chance to invest in bitcoin specially that all of the bitcoin isn't mined yet, The price of bitcoin should not be on the peak.
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October 08, 2019, 12:00:51 AM
 #142

Money invested in cryptocurrencies especially bitcoin is never a waste. Cryptocurrency is still a young industry and it is clear that many people are coming to join the amazing world. At least for anyone who have invested is an early adopter and the benefits that comes with the invested money would surely pay off in the near future.

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October 08, 2019, 12:04:21 AM
 #143

Answering that kind of question? I will not stay to bitcoin if it is just causing me stress everyday. Which means that everybody stays because bitcoin is profitable, beneficial and there's a future that can be bigger than our expectations. But answering your own question depends on what were the struggles you've been through and experiences that you've made. Do you think that it's worth it for you to continue if you keep on losing and you just can't see the point anymore of investing in bitcoin?

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October 08, 2019, 03:16:00 AM
 #144

Bitcoin is not a get rich quick scheme. It’s still a very young, raw asset. Most of us OG’s have made huge profits but it wasn’t quick. With extreme patience & the power of HODLING comes big rewards.

If you bought today for example & HODL for 18 months it could be the best thing you ever do.

Just don’t expect to buy today & get rich overnight, it doesn’t happen. People with zero patience who’ve read about getting rich quick with bitcoin shouldn’t bother if they haven’t got the balls to HODL through tough times. Nothing good in life ever comes easily.

Absolutely right.
Better hold BTC 2-4 years.
This is good choice of all coins.
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October 08, 2019, 03:18:33 AM
 #145

Of course, not, investment in Bitcoin would not be a mistake anymore, Already Bitcoin has passed almost 10 years and it's still going on high though the price is ups and downs but it doesn't matter, I think the price volatility is based on the lack of regulation process otherwise it would also be a stable platform, whatever the scenario is, Bitcoin is still leading the cryptocurrency and it's getting accepted around the world, not only that but also Bitcoin along with another cryptocurrency (not all cryptos but some)  have been recognized as one of the most profitable investment platforms for the long run, so you didn't make any wrong decision regarding this issue.

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October 08, 2019, 03:35:06 AM
 #146

I believe that BTC in long run i a excellent investment, but for short term it often is very frustaring and can be very emotional.
I suggest that do not invest if you want to make a fast return , because it most likely will end in emotional decision to sell at loss.

The trick is to find a middle point somewhere in between. You can't hold Bitcoin for eternity, as it is a digital asset which can suddenly become worthless if a better competitor comes to the market. But at the same time, you can't expect Bitcoin to give you good returns in short durations, such as 6 months or 12 months. The strategy I am following is very simple. I am liquidating my coins at a rate of around 1.0% per month. I am selling 1/100th of my holdings every month, and at this rate all of my coins will be gone within the next 8 years. This will protect me from any losses in case Bitcoin suddenly becomes worthless. And I would be just about fine even if Bitcoin exchange rates suddenly spike. 
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October 08, 2019, 03:40:59 AM
 #147

For people who bought btc at the peak e.g. $20K then bitcoin tumbled to $10K, can't wait but cut loss.
Bitcoin takes a long time to recover to its ATH, and many people waiting for that to happen, they must have thought like; I did a mistake investing in bitcoin.
That's why, for people who looking for profit by investing in bitcoin but can't wait for years, it is a mistake.
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October 08, 2019, 08:14:57 PM
 #148

Firstly, one of the main reasons Bitcoin has risen in value so dramatically is its scarcity.There will only ever be 21 million Bitcoins.This tendancy will continue in the future for sure. Secondly, international payments can be time-consuming and surprisingly expensive.Bitcoin has fees too, but Bitcoin often offers lower fees than many foreign transfer institutions. Lastly, everyone loves gold, but is gold the best investment you can make today? We are living in a digital world. Bitcoin represents a new digital era. I think that in the future Bitcoin will be known as the digital gold and i think investing in bitcoin is one of the wisest choices I have ever made.

Having 21 million pieces is actually a very nice illusion. As you know, usually 8 bits are used for Bitcoin. In this case, 21 million * 100 million should be evaluated. As such, there are many ways that Bitcoin's price can go.

21.000.000 * 100.000.000= 2 100 000 000 000 000.
I think there's a misunderstanding, I think @bigmick44 is saying that bitcoin has a fixed supply that is 21 million and where did you get that 100 million.
The current mined bitcoin is around 18 million bitcoin. Let's wait until all bitcoins are mined and the price should be exhilarating.
We do have still a chance to invest in bitcoin specially that all of the bitcoin isn't mined yet, The price of bitcoin should not be on the peak.

Calculation based on if Bitcoin price reach 1 million USD. So, 100 sats = 1 $
Then if we are going to use Bitcoin as a payment, we will do it with sats value usually. Because how many times in a year do you pay $ 8000 at once?
So if we use satoshi's soon, we can't think that there are only 21 million BTC in market.

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October 08, 2019, 10:33:37 PM
 #149

I think the answer is no. If the investor has invested in bitcoin with a long or medium term expectation, no need to worry. will be lucrative soon, only needs a little patience. but if that investor invested in bitcoin with dreams of becoming rich in the short term, I'm sorry things will not go well

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October 09, 2019, 12:57:11 AM
 #150

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?


It all depends on when somebody invested and when they sold up. It varies from person to person and of course the dates that they purchased and sold.

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October 09, 2019, 01:52:48 AM
 #151

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

If you followed advice of youtube videos then yes.
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October 10, 2019, 01:13:10 PM
 #152

Not you did, you never make mistake with your investing in bitcoin because bitcoin more profitable investment kinds, put your money in bitcoin or altcoin than you have save your money in the bank or in your house without can increase every day, with investing in bitcoin you can get much profit later when price up.
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October 10, 2019, 04:23:30 PM
 #153

No, it is not. It is not a mistake investing your money in bitcoin and its really good that you are part of the new payment generation and blockchain technology.

Investing your money in bitcoin is really a good investment and for long term holding but it will depends on you if you have bought it in cheap price and most likely to get a lot of profit in the future.
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October 10, 2019, 04:35:48 PM
 #154

No, it is not. It is not a mistake investing your money in bitcoin and its really good that you are part of the new payment generation and blockchain technology.

Investing your money in bitcoin is really a good investment and for long term holding but it will depends on you if you have bought it in cheap price and most likely to get a lot of profit in the future.

its a blessing in disguise because of its risk and reward feature  . the better part here is that even if you loose atleast you did a contribution to help the btc community grow  .  everyone makes a mistake on investment  .

mistake on entering which is acceptable because there is no indication if its the right time or wrong time  . or mistake because you sold too early because there is also no indicators if the price will continue or not  .
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October 10, 2019, 04:41:31 PM
 #155

No, it is not. It is not a mistake investing your money in bitcoin and its really good that you are part of the new payment generation and blockchain technology.

Investing your money in bitcoin is really a good investment and for long term holding but it will depends on you if you have bought it in cheap price and most likely to get a lot of profit in the future.

its a blessing in disguise because of its risk and reward feature  . the better part here is that even if you loose atleast you did a contribution to help the btc community grow  .  everyone makes a mistake on investment  .

mistake on entering which is acceptable because there is no indication if its the right time or wrong time  . or mistake because you sold too early because there is also no indicators if the price will continue or not  .
There's no assurance if what directions bitcoin will go, it's hard to predict the next market movement your knowledge will permits you to keep following what you believe is good for your investment, don't worry with bringing your money to this investment currency just pay attention to what potential it have in the long run, volatility will work for your advantage if you understand how things works inside,. continue  learning to enhance your skills.
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October 10, 2019, 04:53:49 PM
 #156

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
At first tell me why did you invest in bitcoin and what were you expecting from this investment, then will be much easier to give clear answef on that question.
Didn't exchange bitcoins when price was 13k (2 months ago), now it's 8-9k, very bad situation yeah? What to do? Panic? I still don't think I made any mistake cause higher profit is what I am expecting and I believe time of it will come and I'm ready to wait for it.
If situation won't get better even in upcoming years, then seems this investment was mistake from me.

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October 10, 2019, 05:12:07 PM
 #157

Investing in BTC is always a long term play, and the past 10 years have shown that if you hold your investment long enough you can make some big profits. It is, however, important to be patient and not panic sale at a price downfall, as many people do. The continuous growth in usage and acceptance of BTC in the real world is only going to set its price higher and higher in the future, so a small bear run shouldn't frighten you into getting rid of it "while you can".
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October 10, 2019, 05:46:51 PM
 #158

It all depends on the time and the price when a person closed a Bitcoin transaction, that is, recorded a profit or loss. For example, I sold Bitcoin for 11000-12000 dollars. Now I have a good opportunity to buy more Bitcoin, my profit on this transaction is at the level of 30-35%.
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October 10, 2019, 06:17:45 PM
 #159

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
At first tell me why did you invest in bitcoin and what were you expecting from this investment, then will be much easier to give clear answef on that question.
Didn't exchange bitcoins when price was 13k (2 months ago), now it's 8-9k, very bad situation yeah? What to do? Panic? I still don't think I made any mistake cause higher profit is what I am expecting and I believe time of it will come and I'm ready to wait for it.
If situation won't get better even in upcoming years, then seems this investment was mistake from me.
I really liked the words you said, because each investor should first think about his plans and really study the market and the product itself before making an investment.  Everyone expects to get superprofits, but no one takes into account the big risks in the cryptocurrency market.  I'm already used to watching how some cryptocurrency users cry and complain about their mistakes, while others enjoy life thanks to the good results of their activities in the cryptocurrency market.

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October 10, 2019, 10:41:24 PM
 #160

As far as you understand in what have you invested you have nothing to worry about as in my personal opinion you did a great investment and I hope a long term one. Bitcoin is not the get rich over night deal and mostly you have to have patience in order to have success. We're 6-7 months away from halv and the block reward will be reduce and then we can start to see some gains but remember that last bull run was triggered after some months after halv so don't get impatient and sell it , wait a little longer. Also would be nice for you if you would keep your bitcoin into your own wallet instead exchanges.

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October 10, 2019, 10:57:09 PM
 #161

As far as you understand in what have you invested you have nothing to worry about as in my personal opinion you did a great investment and I hope a long term one. Bitcoin is not the get rich over night deal and mostly you have to have patience in order to have success. We're 6-7 months away from halv and the block reward will be reduce and then we can start to see some gains but remember that last bull run was triggered after some months after halv so don't get impatient and sell it , wait a little longer. Also would be nice for you if you would keep your bitcoin into your own wallet instead exchanges.
You dont need regret investing in bitcoin, yes bitcoin price is unstable but we are patiently waiting for the price to pump again. You need to be more patient so that it would not be so hard to you when bitcoin price dumps agaun. Wait a little bit more longer.

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Maslate
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October 10, 2019, 11:36:34 PM
 #162

As far as you understand in what have you invested you have nothing to worry about as in my personal opinion you did a great investment and I hope a long term one. Bitcoin is not the get rich over night deal and mostly you have to have patience in order to have success. We're 6-7 months away from halv and the block reward will be reduce and then we can start to see some gains but remember that last bull run was triggered after some months after halv so don't get impatient and sell it , wait a little longer. Also would be nice for you if you would keep your bitcoin into your own wallet instead exchanges.
You dont need regret investing in bitcoin, yes bitcoin price is unstable but we are patiently waiting for the price to pump again. You need to be more patient so that it would not be so hard to you when bitcoin price dumps agaun. Wait a little bit more longer.
For me, i consider bitcoin as the most profitable investment i ever had because it simply reflects who i am today. I'll never be as progressive as i am right now without bitcoin in my life. So even if bitcoin is not yet stable and has always its ups and down, i won't reach to that point regretting and blaming bitcoin because i had lose a huge amount.

R


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jarhed
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October 11, 2019, 01:54:27 PM
 #163

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

If you followed advice of youtube videos then yes.

No doubt about it lol. Following other's people decision for you might be a regrettable one in the end, you always have to decide for yourself so you could that contentment and satisfaction, we always have to do what we want, invest how much we want in our own way so that we could avoid thinking if we made a mistake because of being naive following other's choice for yourself. It is our money therefore it is our choice what to do about it.
I just recommend investing in Bitcoin or Altcoins in certain pieces of money. No need to rush, but no need to strongly evaluate the real price of cryptocurrency assets. When you see that the price has fallen by 15-20% - this is a good opportunity to buy.
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October 11, 2019, 05:58:59 PM
 #164

My response would be definitive no. I believe in the technology and I invest only that money, which i can lose. It depends on the personal purpose, there are people who want just the fast money, most of them make mistakes like fomo. But there are also people who believe in the technology, in the big amount of benefits which BTC gave us. If you belong to group 2 you shouldn't think you have done a mistake and if you still think it was a mistake, welcome in group 1.
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October 11, 2019, 06:56:43 PM
 #165

If you ask ordinary people, surely they will say you made a mistake investing in Bitcoin!!  I make sure you don't make the mistake of investing in Bitcoin.  when the circulation of Bitcoin has reached 21 million coins (8 - 12 years into the future), Bitcoin will be one of the most valuable virtual assets in the world.  IMO, maybe it will offset the precious diamond.

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October 11, 2019, 11:12:07 PM
 #166

Your mistake is not in bitcoin investment, but error or regret because you are new to bitcoin.

must be distinguished when we invest is not the same as gambling, investing takes time to get the profit gambling need luck to win.
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October 11, 2019, 11:16:13 PM
 #167

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
 This question is entirely subjective, the answer will always be a personal biased answer due to the broadness of the question. Only you can truthfully answer this question, because you must ask yourself whether or not the time and energy spent investing was worth it or not?
   My personal opinion, I see it as you taking a leap of faith based on an innovation with a proof of work concept, that's self explanatory. The blockchain speaks for itself.

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October 11, 2019, 11:33:05 PM
 #168

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
You asking sir if you did a mistake for investing bitcoin? I think no because bitcoin have give you a good profit especially if you buy bitcoin in cheaper price. All you need to now is to wait the right time for you to sell yourbitcoin and have patience so that you get a good and huge profit.
bounceback
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October 12, 2019, 07:39:58 AM
 #169

investing with bitcoin is not easy as many people imagine, so if for example you want to invest with bitcoin, you must first learn about bitcoin so you don't make mistakes in investing, and if you make the mistake of investing in bitcoin, you will definitely experience a loss big enough because I know bitcoin is expensive so you have to be careful investing in bitcoin.

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Meowth05
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October 12, 2019, 08:16:44 AM
 #170

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
As far as what I've remembered I haven't make any mistake yet because you could just simply wait for bitcoin to have a cheap price before you buy and wait till for the uptrend comes before to sell. It is easy to avoid mistake in taking bitcoin investment however, we should still to aquire more knowledge with regards to this topic.

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October 12, 2019, 09:36:58 AM
 #171

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

no you're not wrong investing in bitcoin. it's just that you invested in the wrong time when bitcoin bullrish. so it is not according to your expectations. but be patient I'm sure bitcoin will be a bull run again we just need to wait. and I remind you that bitcoin is not a get rich quick scheme. we also have to work by understanding about bitcoin and cryptocurrency and also the state of the crypto market. and be patient waiting for the market to get green again. investing bitcoin is the right choice.

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October 12, 2019, 02:06:58 PM
 #172

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

no you're not wrong investing in bitcoin. it's just that you invested in the wrong time when bitcoin bullrish. so it is not according to your expectations. but be patient I'm sure bitcoin will be a bull run again we just need to wait. and I remind you that bitcoin is not a get rich quick scheme. we also have to work by understanding about bitcoin and cryptocurrency and also the state of the crypto market. and be patient waiting for the market to get green again. investing bitcoin is the right choice.
I also think that Bitcoin is the most reliable asset of our time. We have to buy digital gold while we can do it. Even recent years have shown us that Bitcoin was the best investment in the cryptocurrency market.
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October 12, 2019, 02:35:26 PM
 #173

Almost I make mistake investing in bitcoin, when price lower of bitcoin I sell and disappointed when price higher because I lost chance to get much profit, if I hold just little time maybe I earn big profit, other time I invested with altcoin on higher price and I don't know price be dump, but for mistake I learn with many experience with bitcoin and altcoin investment.

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October 12, 2019, 02:49:15 PM
 #174

The recent market setbacks have brewed a very big question in the minds of new investors...
What will be your response to this question?
We are in bear market. But in this past 2 weeks, Bitcoin's price is no longer falling, Bitcoin is staying at $8.3k - $8.4k price range.
Which is good in my opinion, so that means investors could grab some without worrying to get dumped again(even though it's not impossible to dump)

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febriyana
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October 14, 2019, 12:01:40 PM
 #175

Yes that is BIG MISTAKE!!!!
If you are buy Bitcoin because Fear of Missing Out yes that is big mistake!
Following majority people who already buy first then you buy it ASAP, that is FOMO.
Maybe you don't have too much information about cryptocurrency and just jump in the pool. That is also mistake.
But if you are already know the risk and know about Bitcoin, i think you don't want ask about it. Bitcoin is need time to going to bullish again. Just hold it.
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October 14, 2019, 01:08:25 PM
 #176

Investing with bitcoin is not mistake but you have invest when bitcoin price down, now you want to invest with bitcoin is very good time when bitcoin still lower price, never invest with something on cryptocurrency when price on the top because you lost your chance to get profit and price will be down, but if you want to invest at higher price and keep take profit it have less chance to see your investment assets will back to higher price.
Yeah, I have seen many considering that they have made a mistake by investing in BTC as they invested when the crypto was at its peak. Since the market is going from the hard times they go for panic selling to make their way back out of the market thereby losing a lot of money. There's a misconception that you can become a millionaire overnight by entering into crypto. Well, crypto is something that evolves with time and requires a lot of patience. It doesn't matter at what price you invested in it as if you have patience then you'll surely get what you deserve...

Investing should be more of like investing for future purposes, buying at its peak can be considered as a mistake but buying bitcoin is not. Its an individual mistake that commonly commits by newbies, this is somehow the good experience for them to understand and realize when and how to invest in bitcoin. Patience will be tested if an investor invested at its peak, once you conquer it, you'll see the fruit of long term investment.
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October 14, 2019, 03:27:42 PM
 #177

Investing with bitcoin is not mistake but you have invest when bitcoin price down, now you want to invest with bitcoin is very good time when bitcoin still lower price, never invest with something on cryptocurrency when price on the top because you lost your chance to get profit and price will be down, but if you want to invest at higher price and keep take profit it have less chance to see your investment assets will back to higher price.
Yeah, I have seen many considering that they have made a mistake by investing in BTC as they invested when the crypto was at its peak. Since the market is going from the hard times they go for panic selling to make their way back out of the market thereby losing a lot of money. There's a misconception that you can become a millionaire overnight by entering into crypto. Well, crypto is something that evolves with time and requires a lot of patience. It doesn't matter at what price you invested in it as if you have patience then you'll surely get what you deserve...

Investing should be more of like investing for future purposes, buying at its peak can be considered as a mistake but buying bitcoin is not. Its an individual mistake that commonly commits by newbies, this is somehow the good experience for them to understand and realize when and how to invest in bitcoin. Patience will be tested if an investor invested at its peak, once you conquer it, you'll see the fruit of long term investment.

It's fine if we did mistake for as long as we will learned from it, we can make failures and mistakes for many times, worst is that we are making same mistakes every time that we are not analyzing what we are doing, and that we are not improving, if that's the case, then maybe that will be the time to think many times if investing is fit for us or should we just quit it.

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October 14, 2019, 06:00:20 PM
 #178

Yes that is BIG MISTAKE!!!!
If you are buy Bitcoin because Fear of Missing Out yes that is big mistake!
Following majority people who already buy first then you buy it ASAP, that is FOMO.
Maybe you don't have too much information about cryptocurrency and just jump in the pool. That is also mistake.
But if you are already know the risk and know about Bitcoin, i think you don't want ask about it. Bitcoin is need time to going to bullish again. Just hold it.
You're right, Bitcoin just needs time in order for its price to again be above $ 20,000. But it seems to me that we are dealing with price manipulation. It is possible that the Whales will artificially maintain a low price level in the cryptocurrency market.
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October 15, 2019, 03:07:39 AM
 #179

Not every investment strategy is for everyone mate, so many folks have gained huge profits from Bitcoin investments yet some also suffered great loss. There is risks within any investment plan but it's your sole responsibility to do a good research about your investment in order to know how to reduce those risks.
Also, do you mind reducing your title to a Standard lower case and also unbolden it as well because nobody is blind here

Crypto Enthusiast supporting innovative ideas for the Liberalization of the world from the Centralized Institutions.
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October 15, 2019, 03:59:07 AM
 #180

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
if you don't know whats your investing for then for sure this question will comes out your mind for being innocent
but if you made a research and study first before entering this market then nothing that you will have this thoughts because the very moment you bought the first SIngle Crypto the risk is already there and the readiness must be there as well
but for me?i will never ask this same question instead what i will ask is "when will be the time for the mass adoption of BITCOIN"
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October 15, 2019, 06:57:54 AM
 #181

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
If you see Bitcoin as a quick rich scheme investment then you made a WRONG MISTAKE Cheesy. Kidding. You've made a wrong decision if that is what you think Bitcoin is.

Now investing in Bitcoin doesn't need for you to know the complex and technical side of it as long as you know how to send, receive and buy then it will be ok. Yep in the long run, many people believe that there are many benefits Bitcoin can give to the investors.

Just put into your mind that "Set a selling target" and "If Bitcoin made a pullback, try to accumulate more and hold".

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October 15, 2019, 07:49:12 AM
 #182

Not everyone who invests in bitcoin wins in terms of making a profit. Cryptocurrency can be considered one of the types of business. It is important not just participation, but when, in what period of time you did it and what market conditions were at that time, what price did Bitcoin and a number of factors have at that time. However, it was estimated that in 98 percent of cases, investing in bitcoin was still profitable. How the situation will develop in the future is difficult to predict. However, in all likelihood, everyone who has invested in bitcoin before this time should eventually win if they do not panic and do not sell it at a loss.
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October 15, 2019, 08:16:23 AM
 #183

when you invest in bitcoin then I think that's something good and good because investing in bitcoin is a very smart choice, bitcoin can give you a lot of results when prices increase, if bitcoin is currently falling then you don't be afraid because usually it's only as a trap to make traders panic, bitcoin has a very limited supply so this makes from year to year the price of bitcoin can be very expensive.

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October 15, 2019, 09:13:09 AM
 #184

Well, you took the risk so be patient right now and learn. This is your experience, just learn from your mistakes. Take your time and do a research on the internet, find some reliable forums (like this one) and gain some knowledge about investing in crypto. Look, stay calm, this is one of the best moments to buy crypto, because prices are quite low, read this article: https://buycoinnow.com/blog/buy-bitcoin-when-the-price-is-low, it could be helpful for you right now.
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October 15, 2019, 10:16:47 AM
 #185

Investing in Bitcoin is not a mistake because like the other none crypto investments, it did not guarantee us of sure earnings as there are no investments that will guarantee us of risk free environment too therefore If we want to join of any kind of investments wether it was Bitcoin or not then we should be ready to face the risks and should not feel sorry about losing if ever it will happen unfortunately.
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October 15, 2019, 10:48:32 AM
 #186

I don't think you have done any mistake while investing in bitcoin this is just a bearish phase and it will definitely end even people who invested at 20k will be in profit one day if they have patience to wait. Bitcoin is good and we all know this. We just need to wait for the right time.
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October 15, 2019, 11:16:24 AM
 #187

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

The market is changeable, you need to look for good time and opportunities, then the investment in Bitcoin will be successful. Sorry, but before investing, you need to think and analyze and not rush, to be a winner
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October 15, 2019, 03:30:38 PM
 #188

Yes that is BIG MISTAKE!!!!
If you are buy Bitcoin because Fear of Missing Out yes that is big mistake!
Following majority people who already buy first then you buy it ASAP, that is FOMO.
Maybe you don't have too much information about cryptocurrency and just jump in the pool. That is also mistake.
But if you are already know the risk and know about Bitcoin, i think you don't want ask about it. Bitcoin is need time to going to bullish again. Just hold it.

That is not investing at all, buying bitcoin because of FOMO fever is like you are betting your money in gambling, well not literally betting, but most of the time you have to wait until the price of bitcoin will be up again before you sell, and that is your biggest enemy, your patience, if you wait for too long that your hands are itching for money, then your patience will start to worn out, you could either give up and sell it or fight the urge of selling and wait for the right time.

We often make mistakes if we are not aware of where we are going to invest, we just ride the tide and wait until it calm, that is why we got lost sometimes.
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October 15, 2019, 03:41:52 PM
 #189

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

It's not really unavoidable it can be asked anytime if you think you made a mistake investing in Bitcoin then cut your loss and sell your share
that easy, save your worry, always invest what you can afford to lose, so you won't ask yourself if I made a mistake investing in Bitcoin,
People must first know that they are investing in a highly volatile market, so blame the one who urges you to invest without explaining the nature of investing in Cryptocurrency.
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October 15, 2019, 03:57:36 PM
 #190

Investing in Bitcoin is not a mistake, our only mistake is to enter this field of 0 Knowledge. So we can easily be fooled by the evil people here. Make sure that in each step we take, we will be careful. And with every problem we face in crypto currency let us be prepared.

And to correct your mistake you need to study every detail and information that will help you to be successful bitcoiner.
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October 15, 2019, 04:10:04 PM
 #191

If you choose to invest in bitcoin, in my opinion is the right choice and most importantly you have to study it first and understand it well and about bitcoin because digital assets are very volatile and prices can change significantly.
it's about investing and there will definitely be risks, most importantly you make purchases and sales at the right time so you get a profit.

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October 15, 2019, 04:31:19 PM
 #192

If you choose to invest in bitcoin, in my opinion is the right choice and most importantly you have to study it first and understand it well and about bitcoin because digital assets are very volatile and prices can change significantly.
it's about investing and there will definitely be risks, most importantly you make purchases and sales at the right time so you get a profit.
I think, every time we invest there will certainly be a risk. I agree with you we must do the risert and learn before you start investing or trading.

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October 15, 2019, 05:05:56 PM
 #193

I don't think investing in bitcoin is a mistake. you only need to be patient and wait for the bitcoin price to recover. Lots of people have invested in bitcoin when the price is reaching new ATH and now the price has fallen down they are asking what to do with their bitcoins whether to sell or not. the best answer to that is HODL until the right time to sell, i.e. when the bitcoin price is fully recovered. 
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October 15, 2019, 06:24:24 PM
 #194

If a person is not engaged in trading in the cryptocurrency market, which gives faster profits, then any investment should be only long-term, since profits from companies in the cryptocurrency market can be obtained only after years when the team realizes its project.  Based on this, any investment in Bitcoin will only be profitable after reaching certain goals in the cryptocurrency market, and not rely on profit after a month or six months.

#business #forextrader #bitcoinnews #invest
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October 15, 2019, 07:15:54 PM
 #195

A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...
Yes, a lot of people invested in bitcoin and gained profit from it but right now many things changed so first understand this than invest in it.
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October 15, 2019, 08:38:02 PM
 #196

No, you didn't make the wrong decision, but if you think investing in bitcoin you will become rich very quickly or make a lot of money, then I would say that you made the wrong decision. To gain from Bitcoin requires a lot of patience.
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October 15, 2019, 09:12:34 PM
 #197

If you're looking for a cheerleading squad to make you feel like you made a good decision, you've come to the right place.

Personally, I think BTC has some issues that could prevent it from growing further. Mainly 1 MB blocks and Proof of Work.
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October 16, 2019, 05:25:08 AM
 #198

it can never be a mistake to invest in bitcoin, as of now, more and more people are getting involved in crypto which is making the market more and more volatile, i would've understood this if you said this for some alt coins, but bitcoin no, it is a very good investment option for now.
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October 16, 2019, 05:32:48 AM
 #199

No you did not make mistake with investing in bitcoin, you increase your money with bitcoin investment with less rink and big profit than you want to increase your money with other investment, bitcoin investing become profitable and faster way to earn money as do you want, how much profit do you get bitcoin investing become your solution and you can sleep well with bitcoin investing never can't be stop to earn profit.

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October 16, 2019, 06:10:01 AM
 #200

Investing in Bitcoin is one of the most intelligent things that you've ever done with your money. I can't think of a better investment!! Well, what else did you consider investing in? The stock market is peaking and is going to crash soon under the terrible leadership of Donald Trump. once he ruins that country, people will flock to bitcoin because they'll know that it is the truth and the future.
Your statement is very puzzling. How can a President who puts America First not be in the best interest of that country?
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October 16, 2019, 06:37:03 AM
 #201

I think it's a golden time for investing in bitcoin there will be huge price swing in the next 10 years. If you investing with a long-term prespective, I think then you don't have to worry about what people are talking about. Everyone has his own fears.
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October 16, 2019, 08:56:47 AM
 #202

If you choose to invest in bitcoin, in my opinion is the right choice and most importantly you have to study it first and understand it well and about bitcoin because digital assets are very volatile and prices can change significantly.
it's about investing and there will definitely be risks, most importantly you make purchases and sales at the right time so you get a profit.
I think, every time we invest there will certainly be a risk. I agree with you we must do the risert and learn before you start investing or trading.

We can't just go run with a blindfold on and entrust our lives in luck, that is a very stupid way on making our lives a successful one. Investing in bitcoin is never a mistake and will never be a mistake, we are the only one who could make the mistake and put the blame on bitcoin. The problem we have is that if we buy bitcoin in a higher price and then it goes down after a week, we automatically came up to a conclusion that we made a mistake, well, no it is not.

The market unpredictability will make you to commit a mistake, like panic selling, the most never ending scenarios for newbies and for those who lost their faith in their coins that they were holding.
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October 16, 2019, 09:27:25 AM
 #203

If you have invested in bitcoin you should understand that you have made the right choice and will reap the benefits of your decision in the future
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October 16, 2019, 09:30:26 AM
 #204

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
NO ONE HAS DONE ANY MISTAKE INVESTING IN BITCOIN. Trust me bitcoin is a life changing technology and today or tomorrow it will surely go up and break 20k. 20k is just a last high and we have big mountains yet to come after this.
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October 16, 2019, 09:50:28 AM
 #205

If you have invested when btc was at 19k then maybe you have done a mistake because you have lost returns of those 5 precious years when btc is in bear mode but if you have invested anywhere near 10k mark then there is no problem we will soon surpass that mark.

 
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October 16, 2019, 11:40:43 AM
 #206

Investing in Bitcoin has never been so wrong because it has so much to offer in the future and if you ever bought Bitcoin during it's high peak and seeing the price now makes you feel that investing in Bitcoin is big a mistake, well you are totally wrong because you just made a poor judgement or bad decision that time. Bitcoin is still undervalue so holding it now is the smartest thing to do.

 
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October 16, 2019, 11:59:20 AM
 #207

You can call it mistake if you do not understand the investment that you did. Most of the people are investing in bitcoins because of the rumors that they will become rich if they have bitcoin. That mindset is the reason why there are people who suffer losses.
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October 16, 2019, 12:48:16 PM
 #208

You are the only person who can answer your question! You can say that you made a mistake if you keep experiencing losses. I consider first the risk management before I invested in the bitcoin and I can say that it is really worth it to have bitcoin.

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October 16, 2019, 03:07:37 PM
 #209

If the investment is made after understanding better about its growth pattern, then it isn't a mistake. Then one should have the patience as well as should be very careful while investing as you're new to the community. More scammers will attract with schemes that give very big multiples upon investing. Don't get greedy and fall as a prey. Think and do the right thing at the right time.
All you need to do is consider whether you will make the right decision when investing. Because you will not recover your mistakes when they cheat you and you will not recover the money you have invested in others. So listen to those who know or read this forum about investing.
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October 16, 2019, 03:12:08 PM
 #210

I think investing short term in Bitcoin will have you crying out loud like a baby when the time the price rallies up
and you chose to sell your Bitcoin for just a small profit.
But i guess those who buy during the price inflation last 2017 regret being FOMOs that time.
Invest in  the right time and HODL that is the right thing to do for me to have no regrets.
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October 16, 2019, 03:19:40 PM
 #211

If you're looking for a cheerleading squad to make you feel like you made a good decision, you've come to the right place.

Personally, I think BTC has some issues that could prevent it from growing further. Mainly 1 MB blocks and Proof of Work.
I don't understand what you mean when you said there's some issues that could prevent bitcoin from growing further. But, the issues of the limit of blocks size was the reason why SegWit was implemented. However, I don't see something really bad in POW since it impossible for a malicious miner to attack the network but miners participation is limit.

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October 16, 2019, 03:39:29 PM
 #212

I think investing short term in Bitcoin will have you crying out loud like a baby when the time the price rallies up
and you chose to sell your Bitcoin for just a small profit.
But i guess those who buy during the price inflation last 2017 regret being FOMOs that time.
Invest in  the right time and HODL that is the right thing to do for me to have no regrets.
Lol if you are contented in small profit from Time to time short term for bitcoin is profitable,looks the market this past days when bitcoin is going up a little and going down as well,those movements is enough to gain small percentage but safer.
And why would people cry like a baby when they can purchase again before bull rallied? No you are certainly wrong in your interpretations









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October 16, 2019, 04:12:59 PM
 #213

Before investing in bitcoin, you must learn it well because mistakes or truths in investing occur because of your own actions and you control it yourself, not bitcoin or someone else.
and the basis for investing in bitcoin is buying when prices go down and reselling them when going up, and investing in the short term to get a little profit and long term to get a big profit.
so the position of bitcoin up or down has no effect and you alone must be smart and wise in using it.

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October 16, 2019, 04:18:45 PM
Merited by Rikafip (1)
 #214

In long term view the Bitcoin story looks good:
-a lot of developers work on upgrading technology
-lightning network is functional
-it is used like currency more and more with time
-the number of BTC is finite, and the more the people use it, the price will grow more and more

On the other side there are some dangers to BTC:
-other cryptocurrecies (not really serious danger, because BTC network is most developed)
-development of quantum computers that could endanger security of BTC network

That being said I recommend hodling your funds (and using them when price gets higher)

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October 16, 2019, 04:40:11 PM
 #215

Big mistake if you invest your money with shit coin you can get lost your money, but if you invest in bitcoin you save your money for the future assets, you can earn much profit if consist invest with bitcoin, sell when bitcoin up and you have invest back when bitcoin down. Investing with bitcoin is not only how long you keep hold but how smart take situation with bitcoin price.

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October 16, 2019, 04:43:56 PM
 #216

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

You definitely didn't make mistake by investing in BTC,  and best is to focus only on that when it comes to crypto investments. But i would suggest that you don't focus only on BTC. Gold is also very good option, and in the long term pretty safe. At least that is what i am doing, buying gold coins and small gold bars.

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October 17, 2019, 01:27:03 PM
 #217

If you ask ordinary people, surely they will say you made a mistake investing in Bitcoin!!  I make sure you don't make the mistake of investing in Bitcoin.  when the circulation of Bitcoin has reached 21 million coins (8 - 12 years into the future), Bitcoin will be one of the most valuable virtual assets in the world.  IMO, maybe it will offset the precious diamond.
For everyone that really understand the cryptocurrency behavior, I think that this should actually be there main target for the future, I mean that the time bitcoin will reach its high supply, because that is the moment that the journey for bitcoin value actually begins, whales will no longer see much coin to buy to manipulate the market.

Some of them would actually be the one ruling for what they have accumulated, but they will only be doing more of selling and because many of them will be hoarding it, the demand for bitcoin will become high, while the supply will become very low thereby creating a very big opportunity for bitcoin to start increasing in its value and for this reason is why we believe bitcoin to grow to about 1 million dollars later in the future.
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October 17, 2019, 03:11:35 PM
 #218

Big mistake if you invest your money with shit coin you can get lost your money, but if you invest in bitcoin you save your money for the future assets, you can earn much profit if consist invest with bitcoin, sell when bitcoin up and you have invest back when bitcoin down. Investing with bitcoin is not only how long you keep hold but how smart take situation with bitcoin price.
Not all the time in investing in Bitcoin is good. You should understand first what is the behavior on this and how it works to have a good profit. You should invest in the right timing and when it is perfect for the buying point. Because if you can't wait for probably you feel panic selling and probably losing your money.

I don't think it's a mistake on investing bitcoin because here you can assure that you'll be able to earn big profit as long as you believe and keep on holding until the price increases or double the price from the amount that you invest in order for you to earn big profit and I think it's not a mistake investing here.

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celot
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October 19, 2019, 12:05:35 AM
 #219

Bitcoin is not a get rich quick scheme. It’s still a very young, raw asset. Most of us OG’s have made huge profits but it wasn’t quick. With extreme patience & the power of HODLING comes big rewards.

If you bought today for example & HODL for 18 months it could be the best thing you ever do.

Just don’t expect to buy today & get rich overnight, it doesn’t happen. People with zero patience who’ve read about getting rich quick with bitcoin shouldn’t bother if they haven’t got the balls to HODL through tough times. Nothing good in life ever comes easily.
Many people blame want to get much money quickly from bitcoin, they only think how much get profit with bitcoin without think for holding when bitcoin price down, they don't know about extreme patience when bitcoin price down, only know bitcoin is digital assets investment have higher price.

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Fredomago
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October 19, 2019, 12:13:28 AM
 #220

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

You definitely didn't make mistake by investing in BTC,  and best is to focus only on that when it comes to crypto investments. But i would suggest that you don't focus only on BTC. Gold is also very good option, and in the long term pretty safe. At least that is what i am doing, buying gold coins and small gold bars.
It's not a mistake if you explore more inside this market and not alone being focus with bitcoin, while holding your bitcoin there's also trading
where you can use to increase your assets, find time to maximize potentials and don't hesitate to try other things instead of worrying from
what you are seeing around. It's just part of the cycle try to overcome and you'll see that it will benefits you.

Regarding to other investment venue, That's also possible to divert your attention if you are getting boring with crypto investing.

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October 19, 2019, 04:13:54 AM
 #221

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

investing bitcoin is the right choice it's just that you have to be patient because right now we are in the bear market almost all crypto coins have decreased. bitcoin is not a fast way for you to get rich quickly. bitcoin is more than that. and to make a big profit you have to be patient waiting. than you keep thinking about bitcoin it's better to do other activities so you don't stress. be patient waiting for the bitcoin pump again. patience is the key to successful investing in cryptocurrency. rest assured bitcoin will definitely rise again.

 
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October 19, 2019, 06:19:26 AM
 #222

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

investing bitcoin is the right choice it's just that you have to be patient because right now we are in the bear market almost all crypto coins have decreased. bitcoin is not a fast way for you to get rich quickly. bitcoin is more than that. and to make a big profit you have to be patient waiting. than you keep thinking about bitcoin it's better to do other activities so you don't stress. be patient waiting for the bitcoin pump again. patience is the key to successful investing in cryptocurrency. rest assured bitcoin will definitely rise again.
I think that now we need to analyze the situation with Ethereum. Perhaps this is a good price to invest in Ethereum. Because you need to share the risks in the cryptocurrency market, not all your money should be stored in Bitcoin.
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October 19, 2019, 11:03:58 AM
 #223

in my opinion there is nothing wrong in investing in bitcoin. it all depends on each person. When someone decides to invest in bitcoin, starting from the beginning of investing must prepare a calm and patient mind when the price of bitcoin starts to decline. bitcoin is volatile, circumstances can change according to market volume. so when someone decides to invest, then someone must be mentally prepared and not easily panic. Maybe what you are doing right now is be patient and stay afloat, and remain confident that prices will soon soar high again.

.
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October 19, 2019, 11:11:34 AM
 #224

Investing in Bitcoin is not a mistake, our only mistake is to enter this field of 0 Knowledge. So we can easily be fooled by the evil people here. Make sure that in each step we take, we will be careful. And with every problem we face in crypto currency let us be prepared.

And to correct your mistake you need to study every detail and information that will help you to be successful bitcoiner.
There is no easy money that comes overnight in bitcoin. Its is not a mistake to invest in bitcoin but the mistake is that not understanding the risk in the market. It is not for short term but requires strong hold to have a successful from it. It is right to study every detail and be careful on every step you take because lot of scam there.

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October 19, 2019, 11:19:14 AM
 #225

There is no easy money that comes overnight in bitcoin. Its is not a mistake to invest in bitcoin but the mistake is that not understanding the risk in the market. It is not for short term but requires strong hold to have a successful from it. It is right to study every detail and be careful on every step you take because lot of scam there.

Well, you could take it the opposite way and I could still say it's a risk: holding doesn't mean you're going to have profits. Price soaring is as easy as price slumping, it's a matter of time until the market does its thing and nothing is guaranteed. Investing equals risk, so whether it's for the short or the long term, it does imply at least one risk.

Nobody can predict what is going to happen in the short or long term precisely. There'll always be a hit or miss in predictions. You never know how the legal system worldwide will look like in 5-10 years, and advising somebody to hold for that long could turn into a huge loss in such an easy way. Changes happen, and they will obviously happen in the long term and they will affect Bitcoin too. It's just a matter of time and whether these changes would affect it positively or negatively.
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October 19, 2019, 03:04:07 PM
Last edit: October 19, 2019, 03:30:32 PM by iamaruf
 #226

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
If you want to be rich quickly then you did a mistake. There is no shortcut to make money quickly or rich. You should make a research  before buying btc,why you are going to buy btc. If you want to hold for long time to make profit from btc then you didn’t make mistake.fro short time then sell your bitcoin because there is high risk (loss) for short time  

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October 19, 2019, 03:27:39 PM
 #227

People make a mistakes only to bitcoin if they already sell it , they are created that Idea because they see the price down than before last 2 years ago but if they see the good potential of the bitcoin they will not say that amd maybe they think they are do a good decision because you invested to the bitcoin and that's what I want for everyone to think also to the bitcoin all positive outcome.
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October 19, 2019, 03:30:22 PM
 #228

There is nothing wrong with investing in bitcoin. You only need to study before investing to know the risk involved in bitcoin investing. Learning and knowledge will help you to understand the risk and benefits of investing in cryptocurrency like bitcoin. Also it needs patience,you can't earn instantly after you invest,you need to wait. Bitcoins value is volatile and through that people earn profit.

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October 20, 2019, 08:09:16 PM
 #229

Everyone here has made that 'mistake'. I bought at $1000+ during the hype a few years ago and then it dropped to $400. It's bitcoin. If you bought for investment then just be proud you did and don't look back. I think the best advice from all of this is to try and not watch the markets because then you just drive yourself mad, only really applicable to day traders.

If you believe in Bitcoin as a viable alternative to fiat money, then any price is a good price to buy at. If you come to the conclusion that bitcoin is a good investment then invest only as much as you would be okay with losing if bitcoin exploded and stopped working tomorrow. put as much as you are comfortable with and then just leave it there. Don't try to buy low and sell high. That is just gambling. Just hold on to it. put it on a hardware wallet and forget about it for three years.

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October 20, 2019, 09:09:40 PM
 #230

Bitcoin is still in its early days. A halving only comes every couple of years. Our next having is scheduled for next year the price will slowly rise up until then, then after the halving it will dump a little bit. Around 3 months after the next halving the price willl really shoot up.  Every year more and more people learn and start investing in Bitcoin. Imagine what the price will be when its used by atleast 5% of the entire worlds population?  The market cap by then will be a multi trillion dollar industry! It will take another 120+ years for the last bitcoin to bw mined.

Investing in BTC is an amazing idea!!!!

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October 21, 2019, 12:11:26 AM
 #231

There is nothing wrong with investing in bitcoin. You only need to study before investing to know the risk involved in bitcoin investing. Learning and knowledge will help you to understand the risk and benefits of investing in cryptocurrency like bitcoin. Also it needs patience,you can't earn instantly after you invest,you need to wait. Bitcoins value is volatile and through that people earn profit.
Many investor do not learn before investing with bitcoin, they always heard what other people said when buying bitcoin or selling bitcoin, they never understand when have to buy or sell bitcoin, we need patience become bitcoin investor. Not always bitcoin on top price but we have to control how to buy bitcoin on lower price then you have sell price up, never waiting after price pump for the big thing again.

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October 21, 2019, 01:16:34 AM
 #232

I don't think you made a mistake because investing in bitcoin is a very smart choice, you should be able to take advantage of the high price of bitcoin when it is difficult to get bitcoin will definitely buy a lot at expensive prices and you can get a lot of benefits from bitcoin, when investing don't be easy panic and don't sell bitcoin at cheap prices.

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Inkdatar
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October 21, 2019, 01:38:25 AM
 #233

I don't think you made a mistake because investing in bitcoin is a very smart choice, you should be able to take advantage of the high price of bitcoin when it is difficult to get bitcoin will definitely buy a lot at expensive prices and you can get a lot of benefits from bitcoin, when investing don't be easy panic and don't sell bitcoin at cheap prices.
Exactly investing in bitcoin is not a mistake, it’s a mistake if we are not totally know how it works and how we gain benefit from it. Why having a doubt in investing in bitcoin? We should know when investing there is a risk and we should be certain about our decision.
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October 21, 2019, 03:45:25 AM
 #234

It is never a mistake to buy or invest in Bitcoin. Bitcoin is apparently the best coin on the market that is why is has the largest market dominance which is reflected or evidenced via its market cap. When we mention crypto, Bitcoin comes to the minds of even the non-coiners. Bitcoin is a long term investment and only the patient holders enjoy its full benefits when it begins to surge.
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October 21, 2019, 03:59:20 AM
 #235

I don't think you made a mistake because investing in bitcoin is a very smart choice, you should be able to take advantage of the high price of bitcoin when it is difficult to get bitcoin will definitely buy a lot at expensive prices and you can get a lot of benefits from bitcoin, when investing don't be easy panic and don't sell bitcoin at cheap prices.
Exactly investing in bitcoin is not a mistake, it’s a mistake if we are not totally know how it works and how we gain benefit from it. Why having a doubt in investing in bitcoin? We should know when investing there is a risk and we should be certain about our decision.
Many people are thinking that they made a mistake by investing in bitcoin, this is due to a sudden decrease in the price of bitcoin where we all know that this is a normal situation in the market.
Newbie investors mindset is they can easily make a profit just by investing in it without knowing that it is not instant money, where it is the same as other investment that takes time before making a profit.



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erickastella
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October 21, 2019, 04:26:58 AM
 #236

You are not wrong bitcoin investment, but you do not forget that crypto is up and down, if you are from bitcoin investment without seeing good and bad news that can threaten your assets now, my advice if you want to buy bitcoin, wait until a lot of good news.
Free1bitco.in
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October 21, 2019, 05:02:05 AM
 #237

if someone asks me about this question, of course I answer that I get a pretty good profit from it. however, not everyone can use it. however, you can try investing in bitcoin, but it has a high risk. true if many people have benefited from it, but many people also get losses from it. everything can be right or wrong when you make an investment.
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October 21, 2019, 05:12:04 AM
 #238

If anyone were to ask me that maybe I would say that you just made a mistake in timing, Because we know bitcoin prices are falling and rising and so should our watch.

The timing we need most is if we want to earn bitcoin right away. It's easy to buy at a cheap price and sell when the price goes up
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October 22, 2019, 06:39:42 PM
 #239

If anyone were to ask me that maybe I would say that you just made a mistake in timing, Because we know bitcoin prices are falling and rising and so should our watch.

The timing we need most is if we want to earn bitcoin right away. It's easy to buy at a cheap price and sell when the price goes up
You’re right, for speculators it’s very important that you can sell Bitcoin at a high price in a short period of time. But for us investors who rely on the high price of Bitcoin, time does not play a big role. We hold Bitcoin for the long term.
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October 22, 2019, 06:51:34 PM
 #240

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?


My response: Don't be a weak hand.

Since they bought they had a plan and they should stick to it. Now if the plan was to get rich quick I think they need to re-evaluate their timetables and strategy.
Just as in stocks if you expect something to flourish you buy and wait. 3-5 years and you get your returns.
Bitcoin might make you rich if you don't sell to the whales that are happily buying every dump and planning the next.
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October 22, 2019, 08:57:15 PM
 #241

I don't think you made a mistake investing in bitcoin rather investing in the wrong time. The bitcoin market had a bull run from April to July this year where the bitcoin price grew from $3,200+ to almost $14,000 and now the market is going down which makes it not a good time to buy bitcoin.
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October 25, 2019, 02:47:55 PM
 #242

I read on neironix that these puzzles are very strange tasks, do you really think it means something?

https://neironix.io/
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October 25, 2019, 03:09:12 PM
 #243

Investing in Bitcoin is not a mistake rather its an opportunity but it depends how you grab it. Bitcoin is a very volatile in nature, it can multiply your investment in a short time and the same time it can drastically decrease your money invested, so its very important to chose the levels before investing into such a volatile asset. Technical analysis study and reading sentiments can help you choosing better levels. If investment is made at the right point I do not think there is better investment option that Bitcoin.

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crossabdd
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October 25, 2019, 04:31:32 PM
 #244

investors come in very large when bitcoin prices are very high. they then buy Bitcoin without more analysis and understanding of bitcoin. and their hope is that the price of bitcoin continues to pump. but today all of their assets are reduced by more than 50% on bitcoin. most say it's a mistake, because of buying bitcoin. but in my personal opinion there's nothing wrong with buying bitcoin. this is a long term investment. the only mistake is they buy at the peak price. keep holding until bitcoin returns to give 2x profit from now. could it be.? crypto is a future asset. believe it will happen.
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October 26, 2019, 11:11:57 PM
 #245

My answer to this question is,  give it time.
 Just be consistent, then with time you will start enjoying its benefits, remember, Rome wasn't built in a day
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October 26, 2019, 11:35:30 PM
 #246

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

Nope, I don't think so. What you could have done wrong is, investing crypto without learning and studying about how the market moves and what could there be as a struggle upon investing. Give it a time and also take time for you to learn what you can do to avoid loss. Don't be someone who are to afraid that little setbacks could maje you think this way already. Just stick to the market and take time studying what you could do so when a setback hits you, you wont be lost.
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October 27, 2019, 12:19:41 AM
 #247

Hello guys,

Please don’t be upset, but I find cryptocurrency very interesanting, yet very
complicated for me. I would really like to get started but I’m on very low budget,
and I saw a couple videos how people are trading and mining but all the processes require a lot of investment.
All I did so far, I managed to create a wallet, 3FHwxycZ6dAYK73zAMQDxyH8oG1UozsQWP
and sent £20 on it Sad If this post doesn’t belong here, you can delete it, but seemed the only way
I can ask for support from a strong community. Please consider helping me get started, every little drop counts
and can change somebody’s life.

Thank you all, Linda
Searing
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October 27, 2019, 12:52:15 AM
 #248

Did you make a mistake the OP asks in investing in Bitcoin?

Hmmmm..

Well, If you invested in 2009...er not so much (if you have some in HODL mode). Myself 2013 (have some in HODL mode) so in that case, NOPE not so much.

If you bought at the last ATH of around $18k for BTC and either you are still in HODL mode ....not sure yet. If you sold at a loss...well, yeah the investment did not work out.

If you look at BTC/Crypto Universe being a bit over 10  years old now. But look into the future and hope for 1/10th the drama and improvements of the last 10 years you are golden!

My advice to people collecting BTC/Crypto now...Attic Mining....sell crap you would otherwise die with or useless on eBay and buy BTC with it. Just be a bit consistent and HODL.

BTC/Crypto may not work out, you may have wasted your time and the stuff you find you really did not need anyway on BTC, but on the other hand, what if the next 10 years

is like the last 10 years for Bitcoin. What if we are ALL underestimating badly what is gonna happen, as we did 10 years ago when BTC/Crypto started?

So we all know, that it MIGHT not work out and such. But not enough people NOW are thinking along the lines of but what if it does work out in the FUTURE, and are not,

even in a leisurely, laid back manner, getting BTC/Crypto Dust...just in case it pumps again and I/we are surprised in a good way again, 10 years from today.

This is speculation, but I have too many friends that were so sure BTC/Crypto in 2013 was just a FAD and now they say they 'missed the boat' and the price is too high.

So currently, I'm in the dog house with the above argument, what if you are wrong again? Why not pick some up in the manner I mention above as a 'lark' in case BTC/Crypto

goes even 'mildly' parabolic again in price in the future.

So sure, this is speculation, BTC/Crypto could go tulips, it could go sideways in price or down and price and just be a 'niche' thing for years, having reached its use/adoption and/or

keep its 'hobby' status. But remember, it also could go ape/sh*t/parabolic crazy in the future as per price again and adoption. Thus not much risk with my attic mining idea.

At worst you become more of a 'minimalist' and get rid of some unwanted stuff. The best part is that you did get rid of that stuff got BTC/Crypto for the stuff and it all works out

for you in the next 10 years as it has in the last 10 years.

Anyway, what I'm doing now that 10c kWh electric for mining and the 25% USA tariff have killed that hobby for me. This is my BTC/Crypto kinda method of 'metal collecting on the

beach" ...do the above for fun, get rid of some stuff, get on here and you can tell me if I was right or wrong.

What the hell, take a tiny chance on the positive view, rather than the somewhat 'daunting' world view IMHO, of the majority of people who did not get into BTC 10,5,3,2 years ago

and have a reason to want it to fail, if BTC/Crypto fails they won't have to face the fact that they coulda/shoulda/maybe could at least done some of the above and HODL

and it is easier to sink someone else's hopes, than face the fact that you never hoped in the first place and now it has bitten you in the ass.

(well, that digressed quickly...above went mean...sorry about that)

anyway, what I'm doing as a coping mechanism now that I can no longer do andy ASIC mining to feed my miner addiction anymore.

Just saying.

later

Brad

Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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October 30, 2019, 06:20:06 PM
 #249

No, I definitely don't think it was a mistake investing in Bitcoin. If your strategy is good, you're going to be just fine. Yes the market has been bearish, but if the analysts are correct, we're heading for a bull run in the very new future. The bull run will probably be bolstered by the Halvening in May 2020, and if history is anything to go by (December 2017), BTC could very well reach new heights. Also, as long as you're investing carefully and through a reputable platform like Vertex, you'll be fine.
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October 30, 2019, 07:47:54 PM
 #250

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

What will be your response to this question?

The people that invested in bitcoin years ago are the ones enjoying their bitcoin profits for their investment. If you want to make decent profits from your bitcoin investment you need to HODL your bitcoins for a couple of years. Bitcoin investment requires patience, and wisdom toward the market.
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October 31, 2019, 12:55:48 PM
 #251

😂😂😂

Do not invest into something you have little or no knowledge about. What are your strategies? Do you have the trading skills? Are you patient?. No, it's not a mistake to invest into Bitcoin but if you're looking for daily or monthly income then Bitcoin is not the right place to invest in.
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October 31, 2019, 01:01:43 PM
 #252


The people that invested in bitcoin years ago are the ones enjoying their bitcoin profits for their investment. If you want to make decent profits from your bitcoin investment you need to HODL your bitcoins for a couple of years. Bitcoin investment requires patience, and wisdom toward the market.

well, it is not necessary to be that person form the 2010 when bitcoin was low, cause with little knowledge a wagon of luck and great persistence the one could achieve a lot!
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October 31, 2019, 01:46:01 PM
 #253


The people that invested in bitcoin years ago are the ones enjoying their bitcoin profits for their investment. If you want to make decent profits from your bitcoin investment you need to HODL your bitcoins for a couple of years. Bitcoin investment requires patience, and wisdom toward the market.

well, it is not necessary to be that person form the 2010 when bitcoin was low, cause with little knowledge a wagon of luck and great persistence the one could achieve a lot!
Nope. I really disagree, because I can say that I am making a profit with bitcoin. Investment is not just easy to earn money, we all need to wait. Patience is a virtue. They can only say that statement because they are looking base on the price of the bitcoin itself but not looking forward to what will happen in the future if we all wait for the right time that the value will rise up again. Having courage while investing is also important if you are new on investing you should have that kind of attribute for you to earn what you want to earn. Have some study in every step you make or every decision you make. Do not panic when the price dumps, the nature of cryptocurrency is that crypto is volatile in terms of price.
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October 31, 2019, 02:43:16 PM
 #254


The people that invested in bitcoin years ago are the ones enjoying their bitcoin profits for their investment. If you want to make decent profits from your bitcoin investment you need to HODL your bitcoins for a couple of years. Bitcoin investment requires patience, and wisdom toward the market.

well, it is not necessary to be that person form the 2010 when bitcoin was low, cause with little knowledge a wagon of luck and great persistence the one could achieve a lot!

Well we can't go back the time anymore, I wish I bought at that time too, I wish I already know bitcoin, I wish I had enough money before the bull run, there's a lot of things we want to wish for, but we can't do anything for now but to wait and not just wait but to do something that we will thank ourselves in the future.
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October 31, 2019, 04:59:02 PM
 #255

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

I think thia was the good time to invest in bitcoin so that when the price pumps you will gain a big amount of profit. On the other hand nothing is for sure so it ia better to try alao other cryptos and separte your investment. Dont just rely on a sinngle crypto and try exoloring other so that there are different market you can observe. With that your funds are separated and free from losing it at a single moment of time



BIG WINNER!
[15.00000000 BTC]


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October 31, 2019, 05:02:08 PM
 #256

I have the opinion of anyone who invests in bitcoin, I make sure these people are very fortunate and have a lot
bright future. So it is clear from my statement just now that there is a sense that it is not a mistake to invest
on bitcoin. So no need to hesitate if you have more money, please buy bitcoin and hold long-term, in the future
it will yield big profit. But the key you're must be patient.

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October 31, 2019, 05:33:47 PM
 #257

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

(...)
What will be your response to this question?

You ask people on a Bitcoin supporters forum if you made a mistake by buying Bitcoin. What the hell do you think the response will be???

What would people on a BMW drivers forum reply if you asked them if you made a mistake investing in a BMW?

My response is: your post is spam.

nutildah-III - First BitcoinTalk NFT Transaction ever - 2021-04-01 [666 fBTC]
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October 31, 2019, 06:03:43 PM
 #258

As i already invested on bitcoin a lot of money and time i would say you do the right decission investing on bitcoin, and i think bitcoin is like gold but will take time to get the high profit you might expect.
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October 31, 2019, 06:14:04 PM
 #259

As i already invested on bitcoin a lot of money and time i would say you do the right decission investing on bitcoin, and i think bitcoin is like gold but will take time to get the high profit you might expect.
Soon bitcoin will be one of the good long term investment that every people with a lot of savings have. But the thing is gold can be sell in physical and it is legal with high tax I think unlike in bitcoin it can be traded and mined in internet.

No, I definitely don't think it was a mistake investing in Bitcoin. If your strategy is good, you're going to be just fine. Yes the market has been bearish, but if the analysts are correct, we're heading for a bull run in the very new future. The bull run will probably be bolstered by the Halvening in May 2020, and if history is anything to go by (December 2017), BTC could very well reach new heights. Also, as long as you're investing carefully and through a reputable platform like Vertex, you'll be fine.
If you know trading enough you will not have a mistake or regret investing in bitcoin. Many people loses their hopes in bitcoin many years ago but still bitcoin is alive and has a great value now. Bull run will be by next year I think that too.

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October 31, 2019, 08:11:01 PM
 #260

It is not a mistake that something you do, if it does not mean that 100% will be bad, you should take a risk in life. But it's not always up to the risk, experience, smartness and awareness are paramount. If the worst, or the bad one you put into investing in Bitcoin, happens in the end, you need to learn how to defeat the gentleman, and do what life does: "continue."
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November 01, 2019, 02:56:59 PM
 #261

i think bitcoin is like gold but will take time to get the high profit you might expect.

Not even close, your explanation is like the difference between bitcoin and gold. I am going to disagree on your statement, I've never seen gold's price hit $20,000 for its whole time existence, hence, I see bitcoin's price hit that price in the year 2017, although it was just invented way back 2019, 10 years ago, it is not that long for me, compare to gold.

The Volatility of cryptocurrency to gold is incomparable, so don't expect too much on golds and other precious metals on price changers after years.
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November 01, 2019, 03:08:25 PM
 #262

It is not a mistake that something you do, if it does not mean that 100% will be bad, you should take a risk in life. But it's not always up to the risk, experience, smartness and awareness are paramount. If the worst, or the bad one you put into investing in Bitcoin, happens in the end, you need to learn how to defeat the gentleman, and do what life does: "continue."

Agree with you, it will be a mistake if you will not use it wisely, it will be a mistake if we will sell at loss,.it's not yet the end for crypto especially in Bitcoin so it is not easy to say that Bitcoin was a scam or end of its story as in fact the adoption is increasing.
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December 11, 2019, 07:11:12 AM
 #263

If you're looking for a cheerleading squad to make you feel like you made a good decision, you've come to the right place.

Personally, I think BTC has some issues that could prevent it from growing further. Mainly 1 MB blocks and Proof of Work.
Can you throw a little more light on these limiting factors of the Bitcoin, that you mentioned?
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December 11, 2019, 07:15:29 AM
 #264

in investing we may have made mistakes when investing, because the market moves are not always the same as before. I once made a mistake when investing and I learned from these mistakes in the hope that the mistakes that have occurred never happen again. do not be discouraged the crypto market can still provide benefits even though we have suffered losses
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December 11, 2019, 09:04:07 AM
 #265

As far as bitcoin investment is concern, people have different opinions as to whether it is a bad investment or not. For those who incurred losses, it is actually a bad one, while for those who have made tons of profits, it is not. Regardless of all of these, i am of the opinion that investing in bitcoin is not a bad investment, because it is still a new innovation, and only time would tell what the outcome will be.

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December 11, 2019, 09:28:49 AM
 #266

As far as bitcoin investment is concern, people have different opinions as to whether it is a bad investment or not. For those who incurred losses, it is actually a bad one, while for those who have made tons of profits, it is not. Regardless of all of these, i am of the opinion that investing in bitcoin is not a bad investment, because it is still a new innovation, and only time would tell what the outcome will be.
yeah right. as long as the value of our investment is increasing it indicates that we did not make mistakes. the mistake that we often make when investing is by not having knowledge about it, thus causing continuous losses. Bitcoin is a good investment, even though the risk is high, therefore we must be smart and be able to minimize it by having knowledge about it.

.
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December 11, 2019, 12:18:47 PM
 #267

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
If you want to get rich with Bitcoin, then it depends on the time that you invested. You think that buy some Bitcoin and you will be rich after a sort time then you did a mistake. You need a stategy or long hold to get profit.
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December 11, 2019, 02:18:56 PM
 #268

If you want to get rich with Bitcoin, then it depends on the time that you invested. You think that buy some Bitcoin and you will be rich after a sort time then you did a mistake. You need a stategy or long hold to get profit.

Thinking deeply about this, for me time isn't the most important factor to consider when investing. It is the 'Timing' when you are about to invest because basically we can say most of the time that it is the time for bull run, it is the time for bearish, and it is the time to invest but the fact that profit could be achieve is when you know the timing, you could invest in bearish time if you know the proper timing to invest and timing to sell the crypto you bought. In that regards, no matter if the season is positive or declining, earning money from investment is still possible.
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December 11, 2019, 02:37:46 PM
 #269

If you want to get rich with Bitcoin, then it depends on the time that you invested. You think that buy some Bitcoin and you will be rich after a sort time then you did a mistake. You need a stategy or long hold to get profit.

Thinking deeply about this, for me time isn't the most important factor to consider when investing. It is the 'Timing' when you are about to invest because basically we can say most of the time that it is the time for bull run, it is the time for bearish, and it is the time to invest but the fact that profit could be achieve is when you know the timing, you could invest in bearish time if you know the proper timing to invest and timing to sell the crypto you bought. In that regards, no matter if the season is positive or declining, earning money from investment is still possible.

For some who made rich because of holding for years for Bitcoin, they were too lucky, yes you are right, we do have different situation right now, wherein not everyone of us can be able to become rich in just a year, just like what happened to those who bought at 2016 and below and sold at all time high, as that time the demand becomes too high. Anyway, still we are thankful we can still have the chance to earn money.

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December 11, 2019, 03:20:49 PM
 #270

Just relax and keep calm, Bitcoin investment is not easy as piece of cake all factors must be checked while investing a coin especially its value and its season to have an accurate data and to know if this is the perfect time in investing a Bitcoin.
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December 11, 2019, 03:39:15 PM
 #271

If you've known Bitcoin for years now, you'll realize that investing in Bitcoin especially in the earlier years would be the best decision you've made. Bitcoin has been improving ever since the crypto began and its rates has been improving well too so I am not sure where is the mistake on that. I've known Bitcoin when it was still at $800 per BTC and it was a mistake on my part that I did not jump with the bandwagon and invested. After just 3 to 4 years look at its rate now at $7k, its rate is more than your favorite bank could provide.

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December 11, 2019, 03:47:52 PM
 #272

I think you did not make any mistakes in bitcoin because for sure the money that you invested will grow maybe not today but Im sure they have the right time that your money will become a lot and for sure that day you will be thankful to bitcoin that help your money to grow and for sure you will not any doubt again to bitcoin in investing to this coin don't be afraid if the value of the bitcoin dump it's normal.
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December 11, 2019, 03:49:49 PM
 #273

I have the opinion of anyone who invests in bitcoin, I make sure these people are very fortunate and have a lot
bright future. So it is clear from my statement just now that there is a sense that it is not a mistake to invest
on bitcoin. So no need to hesitate if you have more money, please buy bitcoin and hold long-term, in the future
it will yield big profit. But the key you're must be patient.


We certainly need a lot of references to make decisions to buy bitcoin, especially we have to really understand the price limits that can occur in bitcoin, this can make us get a much greater profit than we buy then hold because we don't know when price movements bitcoin will go up and down.

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December 11, 2019, 03:51:21 PM
 #274

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
I think if you invested in bitcoin at a low price in the market compare to the past month price of bitcoin the market price today was low playing in 7000$ - 9000$ in the past months the market price of bitcoin,
It was a good opportunity to invest in my opinion since the market price of bitcoin was low and when the market recovers it is surely a good profit earn.
You need to study the bitcoin market price if you want to invest so that you could easily invest in bitcoin.
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December 11, 2019, 09:16:17 PM
 #275

-seen-
I think if you invested in bitcoin at a low price in the market compare to the past month price of bitcoin the market price today was low playing in 7000$ - 9000$ in the past months the market price of bitcoin,
It was a good opportunity to invest in my opinion since the market price of bitcoin was low and when the market recovers it is surely a good profit earn.
You need to study the bitcoin market price if you want to invest so that you could easily invest in bitcoin.

   There is no "if" when we need to answer on this question. We did not made a mistake investing in Bitcoin, maybe we invest
in wrong time, maybe we could buy at lower price, but maybe that will not be so important when Bitcoin rise a lot in the future.
   We invested in Bitcoin and we support crypto-currencies. That is not a mistake, we are progressive people with a clear vision
of the future.



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[15.00000000 BTC]


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Rainbot
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December 12, 2019, 06:22:40 AM
 #276

If you chose to invest, it's a gamble, not a mistake. So many crypto millionaires have been made from HODLing bitcoin, but no-one can predict the future - never trust the prediction forecasts. If you invest in Bitcoin, just assume a 50/50 gamble.

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December 12, 2019, 06:32:54 AM
 #277

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

No.

Well yes, I mean, you did a mistake when bought digital cipher garbage with your real money. But that is not investing. That is being connected to a milking machine.
Please do not forget: almost non-existing market can not set back. Fictive transactions completely dominate this "market." You should find the relevant information easily on Google.
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December 12, 2019, 06:59:21 AM
 #278

Definitely No. People have asked this question from time to time but answer was never Yes. You can see the growth and popularity of Bitcoin over the years and we know that every dip is a platform for a new upward movement. Hopefully, we will see exponential growth this time and become something on the global market.

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December 12, 2019, 01:17:30 PM
 #279

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

I was asked by this kind of questions several times by my friends who are new in investing in Bitcoin, and I understand that they are still in a stage where they might lose all that they've invested, I just talk to them in a relaxed way and show them proves that it will eventually recover and show them proves that it is normal and it will recover, my friend has done that to me when I was just a newbie and asking similar question.

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December 12, 2019, 04:18:42 PM
 #280

It totally depends on anyone's circumstances under which he invested. If you have better options then this and you didn't avail that it's a mistake. But if you don’t have any other such opportunity then how can you say that you have made a mistake.
In any trading buying price is the main factor to decide how your trading will go. Those who buy when market is running like a horse are mostly in loss and regret.


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December 12, 2019, 04:31:14 PM
 #281

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

I was asked by this kind of questions several times by my friends who are new in investing in Bitcoin, and I understand that they are still in a stage where they might lose all that they've invested, I just talk to them in a relaxed way and show them proves that it will eventually recover and show them proves that it is normal and it will recover, my friend has done that to me when I was just a newbie and asking similar question.

Let's remember that we lose already if we already sold our Bitcoins at lost, but if not yet, then it's not yet the end, we can still earn and benefited from it.

My friends also questioned me that, they think that I was scammed by Bitcoin and they felt sorry for me, what they didn't know is holding is just one of my source of income, what I am investing came from the fruit of my profit, so I won't lose anything, but I don't want to lose this chance to take risk.
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December 12, 2019, 04:36:11 PM
 #282

If you want to invest in this market in the long term. At least 2-3 years, you can buy BTC and hold, this market is in crisis so it is difficult for you to make a profit in the short term, but in the long term everything will be the opposite. And be careful when you want to invest in this market, never listen to investment instructions from others, because no one knows exactly how the market is doing. And you may lose all your investment

SUGAR
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December 12, 2019, 04:47:03 PM
 #283

If one has been patiently following bitcoin, the result has always been very impressive, whenever it falls, it will always pull a greater surprise. Just that sometimes a greedy holder won't want to sell because of FOMO, when the price gets corrected, one will started thinking otherwise. I will prefer a long term investment in bitcoin than waiting for few days or weeks to cash out.
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December 12, 2019, 05:29:42 PM
 #284

This is the question that repeats always when Bitcoin price goes down. But every user has to be aware that Bitcoin price dump is normal part of Bitcoin volatility and it can't be avoided. That doesn't mean that investment in Bitcoin is mistake, just that it has certain risk you need to handle. Sometimes you will lose, sometimes you will win and that is why Bitcoin is best investment on long term.

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December 12, 2019, 05:31:40 PM
 #285

If you picked correct time to invest in Bitcoin after doing your own research, analysis, understanding about it then I don't think you did any mistake but if you're willing to be rich in one night with this decision then this could be your mistake it's all about to have patience and confidence.
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December 12, 2019, 05:47:04 PM
 #286

Investment does take a long time and a minimum of a few months to get a profit, and it will be more profitable to make a long-term investment that requires 1 or 2 years or more and all depends on the value of the price required.
bitcoin will be more profitable if you invest without a time limit and must have strong patience and it will avoid worries and panic when bitcoin goes down, there is nothing unprofitable to invest into bitcoin if you really understand and learn bitcoin well.

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December 12, 2019, 06:12:26 PM
 #287

This is the question that repeats always when Bitcoin price goes down. But every user has to be aware that Bitcoin price dump is normal part of Bitcoin volatility and it can't be avoided. That doesn't mean that investment in Bitcoin is mistake, just that it has certain risk you need to handle.
Does the timing matter? absolutely, yes. If someone tries to buy a bitcoin and it fell fown the next day would you consider that as a mistake? NO. Investment is not a 100% guaranteed to the investor, that is the basic definition of investing. Even if the bitcoin is down for a long time giving you -60% , that does not mean that you did wrong it just the timing of investing since the market is speculative you did just time your investment in a low prospect.



Sometimes you will lose, sometimes you will win and that is why Bitcoin is best investment on long term.
Common misconception of beginners about bitcoin is that they could easily make profit out of just waiting some time, bitcoin does offer valuable income with respect to time, a very long time.

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December 12, 2019, 06:39:09 PM
 #288

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
I think investing in bitcoin was always a risk in a lot of ways also if you are smart enough I think if you invest in bitcoin when the market price was in a low side it was already a great opportunity that you invested in bitcoin but also in my opinion bitcoin was always a great investment since bitcoin was always good investment for long term because the bitcoin was already getting popular in the market,

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December 12, 2019, 06:53:07 PM
 #289

Value investing on cryptocurrencies that too on Bitcoin you should not think like that because all the time Bitcoin price will boost their investors and traders who really believing BTC going boom.
So so you can do hold as much as possible unless and until you see halving effect next year.
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December 12, 2019, 07:35:41 PM
 #290

Investment in bitcoin good idea but remember it you need long time planning with until back good market situation. Actually my all friends already take investment in bitcoin for upcoming year 2020 profitable chance.
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December 12, 2019, 08:33:31 PM
 #291

OP created this thread on October 01, 2019 and on that day the price was $8300 and knowing that from May to October the price ranged from $8000 to $10,000 I can assume that OP bought when the price was over $8000 and currently the price is at $7200. This means that it is likely that the OP is at a loss today. Well, this is a risk that comes with investing in bitcoin.

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December 12, 2019, 10:03:23 PM
 #292

the fault is when you decide something without knowing what you are doing. basic knowledge is important, dont be careless, or just imitating what is going on in this world.
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December 12, 2019, 10:27:04 PM
 #293

the fault is when you decide something without knowing what you are doing. basic knowledge is important, dont be careless, or just imitating what is going on in this world.

And also when you do not have faith in something or a plan. If you bought at 10k and think it will go to 20k why not. People don't like to wait in our society and it's worse when money is involved ..

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December 12, 2019, 10:47:18 PM
 #294

Bitcoin prices are volatile, down and up are crypto traits, so when we invest, in my opinion if you have held back long enough and the price has gone up, why not sell it right away, especially if you sell at the highest prices in 2017-2018, you will definitely it's been fortunate a lot.
In my opinion now bitcoin has gone up little by little if you buy it in 2018 mid to the end.

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December 12, 2019, 11:55:30 PM
 #295

Bitcoin prices are volatile, down and up are crypto traits, so when we invest, in my opinion if you have held back long enough and the price has gone up, why not sell it right away, especially if you sell at the highest prices in 2017-2018, you will definitely it's been fortunate a lot.
In my opinion now bitcoin has gone up little by little if you buy it in 2018 mid to the end.
OP does not have anything wrong on what he did, market is unstable that is why it actually happen,prices in bitcoin are volatile as well as the altcoin so therefore better to read and study the patterns, it is not pure luck or what , determining bitcoin price is needed also in order for you to gain.

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December 13, 2019, 12:34:02 AM
Last edit: December 17, 2019, 08:07:34 AM by Tramirostronix
 #296

Bitcoin prices are volatile, down and up are crypto traits, so when we invest, in my opinion if you have held back long enough and the price has gone up, why not sell it right away, especially if you sell at the highest prices in 2017-2018, you will definitely it's been fortunate a lot.
In my opinion now bitcoin has gone up little by little if you buy it in 2018 mid to the end.
OP does not have anything wrong on what he did, market is unstable that is why it actually happen,prices in bitcoin are volatile as well as the altcoin so therefore better to read and study the patterns, it is not pure luck or what , determining bitcoin price is needed also in order for you to gain.

Or just buy and wait, two different strategies even if holding is much more dangerous in the cryptomarket. And if you have a big part of your money in alts out of top 10 be prepare to lose everything  Sad

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December 13, 2019, 01:06:08 AM
 #297

OP does not have anything wrong on what he did, market is unstable that is why it actually happen,prices in bitcoin are volatile as well as the altcoin so therefore better to read and study the patterns, it is not pure luck or what , determining bitcoin price is needed also in order for you to gain.

The only thing newbies should recognize is to tell the difference between a profitable market or not, good time to sell or not, and good time to accumulate or not. Basically, we, small bitcoin investors are aware that there are many techniques to use such as market analysis, technical and fundamental analysis of the graph by crypto, and with that, we can ensure profits. But with the basic knowledge of knowing when to buy and sell would do, if you are mainly a hodler. So the more you spend time in trading, the more you need to understand the market.
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December 13, 2019, 01:09:01 AM
 #298

I would rather not hold bitcoin or altcoin for too long. Actually now we just need to change the strategy so we can take advantage. So now it's better if the coins have gone up we have to sell them quickly, if not they will move to go down again. At present the market is a little difficult to predict, so I cannot guarantee holding a crypto for a long time will be profitable.

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December 13, 2019, 01:22:53 AM
 #299

not so far but you never know in the near future
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December 13, 2019, 02:25:43 AM
 #300

OP does not have anything wrong on what he did, market is unstable that is why it actually happen,prices in bitcoin are volatile as well as the altcoin so therefore better to read and study the patterns, it is not pure luck or what , determining bitcoin price is needed also in order for you to gain.

The only thing newbies should recognize is to tell the difference between a profitable market or not, good time to sell or not, and good time to accumulate or not. Basically, we, small bitcoin investors are aware that there are many techniques to use such as market analysis, technical and fundamental analysis of the graph by crypto, and with that, we can ensure profits. But with the basic knowledge of knowing when to buy and sell would do, if you are mainly a hodler. So the more you spend time in trading, the more you need to understand the market.
It is not mistake to enter in cryptocurrency market. The mistake that you committed is the timing of your bitcoin investment. You did not consider the risks when you bought bitcoin. You are experiencing losses because your timing is not good. You should not buy at the peak because there is a selling pressure there, you should have trading strategies first before you bought bitcoin. Buying bitcoin with prior knowledge will help you to avoid huge losses.
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December 13, 2019, 02:30:40 AM
 #301

No
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December 13, 2019, 02:41:34 AM
 #302

If you are having second though about investing then your in a big trouble , investments take time and too risky for people who can't wait because they are monitoring it day by day which is not recommended, also investing should consider tltwo things
can you take the loses
and how much are you willing to invest

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December 13, 2019, 11:19:22 AM
 #303

If you are having second though about investing then your in a big trouble , investments take time and too risky for people who can't wait because they are monitoring it day by day which is not recommended, also investing should consider tltwo things
can you take the loses
and how much are you willing to invest

Yep if you are the type of people to check every hour and be sad if you lost some money, maybe you should start with the "normal " market it will be easier and more stable.
When you win some self control, you can go back to the crypto world

I love XRP. XRP>BTC + DEDICACE A JULIEN le CROISE
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December 13, 2019, 11:57:14 AM
 #304

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
Buying bitcoin is not that you buy today and get rich overnight. Patience is the key to have a good profit in the future. Today, bitcoin is at downtrend so it is good to buy bitcoin now and if you have long patience then wait until bitcoin value gets in an uptrend again and sell. Investing in bitcoin is also with analyzation and I don't think there is a mistake when investing because it is really up to our decisions and instinct.
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December 13, 2019, 12:01:02 PM
 #305

You can make an investment on bitcoin by buying it at a low price and keeping it for a long time when Bitcoin grows high, you can sell to profit from its growth value.
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December 13, 2019, 12:20:18 PM
 #306

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
Buying bitcoin is not that you buy today and get rich overnight. Patience is the key to have a good profit in the future. Today, bitcoin is at downtrend so it is good to buy bitcoin now and if you have long patience then wait until bitcoin value gets in an uptrend again and sell. Investing in bitcoin is also with analyzation and I don't think there is a mistake when investing because it is really up to our decisions and instinct.
Having a mistake in investing your money to bitcoin is never will be a mistake because first of all bitcoin investing is only for those people who are ready to risk their funds and money in order for them to earn big profit, it is just like starting a business that if you start a business their is a legitimate guaranteed that you will be successful because you just start a business there will be a up's and down's on the business thing and that is also the same as bitcoin that if you invest there is always a guaranteed that you will earn again and goes back your money so fast just like for example a week and etc. Investing to the bitcoin takes a knowledge on when you will start to invest and as a piece of advise, you must be invest if the value or price of bitcoin is down.



BIG WINNER!
[15.00000000 BTC]


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December 13, 2019, 12:33:35 PM
 #307

DID I MAKE A MISTAKE INVESTING IN BITCOIN?
Ask yourself did you regret investing in bitcoin? You're the only one who can answer this because we have different experience and different time on when we started investing.

If you invest early the time btc is still very affordable few years ago then you might also experience the bull run 2017 and earned. As a long term holder I experienced the ups and down of the market so seeing the price right now is a normal scene to me. I am more interested on what could be the future of btc and blockchain hence I dont have regrets investing in crypto.

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December 13, 2019, 12:45:48 PM
 #308

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

Interestıng questıon...
I was reading the title to this forum and wanted to share something I noticed as i was browsing Bitcoin. Feel free to comment on this and let me know your thoughts perhaps. https://highworthcitizen.com/btc-may-hit-over-25000-by-2021-says-analyst-that-predicted-btc-to-6700/

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December 13, 2019, 12:54:51 PM
 #309

I would rather not hold bitcoin or altcoin for too long. Actually now we just need to change the strategy so we can take advantage. So now it's better if the coins have gone up we have to sell them quickly, if not they will move to go down again. At present the market is a little difficult to predict, so I cannot guarantee holding a crypto for a long time will be profitable.

Depends on the crypto itself - store of value like BTC behaves differently than altcoins, as well Litecoin thanks to its halving this year behaved differently. As well maybe we are going to the point, where different types of cryptos are used for different purposes, not as many people see now - most of them as an investment, but rather as a tool for specific function?

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Buy BTC, ETH, XRP, BCH, EOS, LTC, XMR, REP, ETC, ZEC with credit/debit card
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December 13, 2019, 01:48:00 PM
 #310

If you can balance the increment of bitcoin that you have for half can be used as fiat currency, then it would not hurt you can open a business that can benefit you in the future that is a very good stability in future investments, but if there is no balance then very difficult if you see the dryness of all the bitcoin / altcoin markets ...
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December 13, 2019, 02:44:10 PM
 #311

If you can balance the increment of bitcoin that you have for half can be used as fiat currency, then it would not hurt you can open a business that can benefit you in the future that is a very good stability in future investments, but if there is no balance then very difficult if you see the dryness of all the bitcoin / altcoin markets ...
Balancing is very important as there's fluctuations around volatile nature of this market, if you can take the part of your profits and divert to
another business while holding the other half then the chance to survive is much higher. Investors learned from the past and now being wise
to carefully analyze the opportunities that they can get from the market then divert to another investment to keep the cycle alive.
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December 14, 2019, 06:20:46 PM
 #312

No.

Well yes, I mean, you did a mistake when bought digital cipher garbage with your real money. But that is not investing. That is being connected to a milking machine.
Please do not forget: almost non-existing market can not set back. Fictive transactions completely dominate this "market." You should find the relevant information easily on Google.

It's funny that all those who criticize Bitcoin are usually newbies with no experience and no knowledge.

How can a transaction in the blockchain be fake? Even if it's not sent by a person but some bot it's still a real transaction with fees being paid and money moved from one wallet to another. Banks are doing it every day but they just move numbers in a database with no real money moved.

In your other posts in another thread you call Bitcoin a "scheme". For it to be a scheme there would have to be someone taking profit and controlling it. You have no idea what a scheme is.
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December 14, 2019, 07:33:42 PM
 #313

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

It depends on what time you have invested. If you invested at the ATH price i.e 20K then you had taken a bad step and you need to wait long. But if you invested around 10K then a good time will come sooner.
And if You can ignore the price and just have the mindset that you have chosen a great technology to invest then there is no question of any mistake.

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December 14, 2019, 08:17:53 PM
 #314

When we enter this market, we all know that there is high speculation and that there are many risks, it is common for people to say that you must invest the money you are willing to lose.

Consider whether it is good or bad to invest in Bitcoin or any other cryptocurrency is subjective, because right now there has been a decline, but what will happen in 2 or 6 months? We do not know, the price can be $ 4,000 or $ 40,000, so time is a critical factor in investments.

I consider that BTC is going to recover and will soon be above $ 10,000.
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December 14, 2019, 11:54:37 PM
 #315

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

They haven't made any mistake by investing in bitcoin. Every investment has a downtime,  and it is the responsibility of an investor to be weary of the trend of the moment,  which is dump by weak hand.
There is no assurance of profit by getting worried,  one can only HODL while waiting for the retraction to uptrend.
The fluctuating of price is the joy of crypto investment which enable new investors to come onboard.
Therefore,  they should employ the spirit HODL,  that is the only way to hope.
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December 15, 2019, 01:58:02 AM
 #316

no one makes mistakes, it's only a matter of time, if you are more patient, everything is fine.
mistakes are not just because of time, if indeed people could be more precise in making the time and could make the right target also in the sale price maybe it would be better. if we only blame time, we never learn from mistakes that occur so we must be right in choosing the time to invest
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December 15, 2019, 02:46:09 AM
 #317

so far I still hold bitcoin and try to find it. I don't really care about people's opinions, I'll just consider for myself whether it's worth it or not. besides, right now bitcoin seems to be pumping up. You know, some developments in 2020 are said to have the same potential in 2017. So, I think having Bitcoin right now is not a bad thing, in fact, I feel that it's the right choice.


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cryptOOangel89
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December 15, 2019, 02:53:43 AM
 #318

It depend on what price you bought BTC. Those who bought at $20k back in 2017 are getting hit hard when ever there is market correction. but those who bought back when it was still $100 only are busy enjoying the entire game.
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December 15, 2019, 03:28:51 AM
 #319

so far I still hold bitcoin and try to find it. I don't really care about people's opinions, I'll just consider for myself whether it's worth it or not. besides, right now bitcoin seems to be pumping up. You know, some developments in 2020 are said to have the same potential in 2017. So, I think having Bitcoin right now is not a bad thing, in fact, I feel that it's the right choice.
It is not worth it to hold bitcoins if the trend is bearish. You said that bitcoin "seems pumping up" but the reality it is not pumping up because it still consolidating. You keep hoping and expecting too much. People do not understand the opportunitites in the market, they keep hoping for something that are not realistic. If we will expect make sure it is realistic. Investing in bitcoin is not a mistake but if you do not consider the time and the price then it is a mistake.

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NavI_027
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December 15, 2019, 04:11:40 AM
 #320

It depend on what price you bought BTC. Those who bought at $20k back in 2017 are getting hit hard when ever there is market correction. but those who bought back when it was still $100 only are busy enjoying the entire game.
Yeah, somehow. Logically, they did a great mistake (though not intended at all) because they bought on a very high price and suffering due to bearish market until now. BUT, I believe that it is not yet over for them, for us, because I believe that btc will bounce back. So whatever point you enter, whether during the bloodbath or ATH, you are still considered safe as long as you remain hodling. Always, remember that 1 BTC remains the same in terms of bitcoin even how hard the market move down. Just change yput way of thinking, don't let such crisis affect you because good things happen for those who patiently wait Smiley.
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December 15, 2019, 04:28:23 AM
 #321

Surely you've made the right choice you just invested in a perfect time. The market is in a recession right now, that's why in order for your investment to be fruitful you need to have patience just like any investment whether fiat, gold or any other assets.
It takes time to actually profit, crypto currency is not a instant money making tool.

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LUCKMCFLY
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December 15, 2019, 04:36:06 AM
 #322

In any type of investment you must have patience, investment in any action, real estate or Bitcoin requires time. The biggest mistake of investors is to withdraw the money even when the objective has not been met, or they have not been able to obtain benefits.

The investor must follow up, keep up with the news, keep calm, at this stage of the Bitcoin market the investment is excellent, according to the analysis I made of Wyckoff, the momentum to be in an uptrend is lacking, although I believe It can happen in 2020 because of all the events that will happen, apart from the mass adoption that will be formed.

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December 15, 2019, 07:29:52 AM
 #323

Surely you've made the right choice you just invested in a perfect time. The market is in a recession right now, that's why in order for your investment to be fruitful you need to have patience just like any investment whether fiat, gold or any other assets.
It takes time to actually profit, crypto currency is not a instant money making tool.

Actually it doesn't just take times, it takes the proper time when to invest. And investing right would not be the right idea because bitcoin's market price is in a crucial part for me, once it breaks the 7000 dollars support level, it could lead to more market decline which will be the time where we, short investors are waiting, what we just need to do is to stay awake in the market or to set an alarm for us to see how the market will behave and to guess the possible dip it could reach.

One thing you should consider when investing is to spot the right price based on your market analysis, because if you really want to earn profit in trading, more profits will depends on how close you buy the dip.
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December 15, 2019, 02:56:04 PM
 #324

Surely you've made the right choice you just invested in a perfect time. The market is in a recession right now, that's why in order for your investment to be fruitful you need to have patience just like any investment whether fiat, gold or any other assets.
It takes time to actually profit, crypto currency is not a instant money making tool.

I don't see any reason for doubting and regretting in Bitcoin, I invested on it too but of course it is up to us how much value we are going to sell it, if we sold it at lost, then it is our fault, and investing in Bitcoin is not mandatory, we can always have the option to refuse if we are really not sure of it, so there's nothing right or wrong in investing in Bitcoin, it depends.
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December 15, 2019, 03:30:03 PM
 #325

Sadly there has not been enough realized progress to ever live up to the hype. In my opinion that means a very slow gradual death over many years which will see several fake pump and dump volatility swings along the way. Hope FutureBen is wrong about that though!
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December 15, 2019, 04:03:59 PM
 #326

This question has different answers sides...

If you are going to ask it right now, there is a good price fluctuation which gives investment a good opportunity for profit.
There are alot of new countries adopting it and several good news making it worth for new investors to start buying therefore it's good for your buy vs sell price in the future.

Just dont go all in investing into bitcoin only cause if you buy in a bad moment where the price starts going down suddently, most of the unpatient, uninformed investors will try to sell immediatly and follow the trend.
Therefore you will lose your investment on the long run.

Nothing to see here
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December 15, 2019, 06:46:16 PM
 #327

You did wrong if you didn’t learn and understand how the financial market works before investing in btc. If you did not conduct a sufficient analysis of how the cryptocurrency market works. If you has invested in Bitcoin more than 30% of your annual income. If you bought only Bitcoin and did not diversify the risks in your portfolio.
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December 15, 2019, 06:47:14 PM
 #328

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
If you are not afraid of failure and loss, I encourage you to invest in this market and try to profit from it. This market is just beginning and there is plenty of time ahead, if you have the patience and confidence then invest in it. Investment Bitcoin  will be a long-term investment and you need to have the patience to be profitable. We are currently in the bear market but certainly in the future there will be a bull run and will surpass the old ATH
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December 15, 2019, 07:26:56 PM
 #329

I'm asking... if you started buying/investing in Bitcoin in December 2018 when the price was under $ 4k, did you make a mistake?

investing in Bitcoin is not much different from investing in other types such as forex and stocks, it all depends on your decision, at what price you enter/buy. so don't think you made the mistake of investing in Bitcoin, if you buy at a cheap price then you made the right decision.

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December 15, 2019, 07:51:37 PM
 #330

I depends on how much have you invested and when Smiley One can't share it's opinion if he/she doesn't know the details.
Anyways, I think investing in btc a little amount can not to be a mistake.
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December 16, 2019, 03:39:22 AM
 #331

Investing in bitcoin is always depend on our patience, if ee dont have patience maybe it is really wrong to invest into it. Because bitcoin is always unstable and not everytime we can get a profit on it. The bitcoin is always high on volatility so we also need to have patience on waiting for the right time for good.
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December 16, 2019, 05:50:50 AM
 #332

I depends on how much have you invested and when Smiley One can't share it's opinion if he/she doesn't know the details.
Anyways, I think investing in btc a little amount can not to be a mistake.
Little or much, i think as long people use money that really free, not used from daily need, or maybe not from loan or sell assets that really important, will be ok. What can be mistake from people if they make investment because of fomo, or maybe only because see other people get profit from bitcoin investment. With that, they will directly expect from profit and then make investment without deep analysis.

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December 16, 2019, 09:55:42 AM
Last edit: December 17, 2019, 08:07:52 AM by Tramirostronix
 #333

You did wrong if you didn’t learn and understand how the financial market works before investing in btc. If you did not conduct a sufficient analysis of how the cryptocurrency market works. If you has invested in Bitcoin more than 30% of your annual income. If you bought only Bitcoin and did not diversify the risks in your portfolio.

This point of view is only if you think Bitcoin is just an investment​.
If you think it's a game changer in the financial world, even if you lose money it's not a big deal.
Not everyone need to make money and have a portfolio. Some people are just here for the tech or the vision.

I love XRP. XRP>BTC + DEDICACE A JULIEN le CROISE
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December 16, 2019, 10:07:47 AM
 #334

Everyone thinks crypto investment is very easy and anyone who has cash can do that. But in reality, it's an art that must be learned prior to getting started. Many have made fortunes who played here sensibly, while those who just bought and sell coins based on speculations were not able to recover even their initial investment.

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December 16, 2019, 10:43:45 AM
 #335

Now that the price of Bitcoin has been hovering in a trough, gossip says that some institutions have started investing in cryptocurrencies. This can be used as a reference value for investing in Bitcoin.

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Aying
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December 16, 2019, 11:41:23 AM
 #336

Everyone thinks crypto investment is very easy and anyone who has cash can do that. But in reality, it's an art that must be learned prior to getting started.

Correct, everyone thinks that bitcoin can make them rich with their small investment or small knowledge that they have. if they know more what is bitcoin or anything that bitcoin is related they cant say that investing in bitcoin is a mistake. without a proper information in bitcoin can make you sick and you can loss any amount that you wanted to invest in bitcoin.

Watch out for this SPACE!
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December 16, 2019, 12:40:02 PM
 #337

Now that the price of Bitcoin has been hovering in a trough, gossip says that some institutions have started investing in cryptocurrencies. This can be used as a reference value for investing in Bitcoin.
And you believe in these gossips ?  Roll Eyes maybe it is just a tool to manipulate the market to dump later ? It's not conspirating just thinking about how whales are making the money...
Invest if you think you have to ... but not because of some gossips about institutions in BTC...

I love XRP. XRP>BTC + DEDICACE A JULIEN le CROISE
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December 16, 2019, 01:59:44 PM
 #338

but those who bought back when it was still $100 only are busy enjoying the entire game.
Pretty sure those people have already sold their Bitcoins at 2017 when the price was really peak at that moment. There is no reason to still keep it on this bearish market, unless those Bitcoins are frozen or stolen.

Now that the price of Bitcoin has been hovering in a trough, gossip says that some institutions have started investing in cryptocurrencies.
You shouldn't believe to gossip lol, it doesn't make sense to believe to gossip because everyone can make one as well you too.

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December 16, 2019, 06:51:04 PM
 #339

In 2013, those who invested in Bitcoin made the right investment. Someone who took bitcoin in January 2018 has made a wrong investment. I have a friend who takes Bitcoin in 2018. He lost 400% on his main money. What a disaster.
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December 21, 2019, 12:55:45 PM
 #340

but those who bought back when it was still $100 only are busy enjoying the entire game.
Pretty sure those people have already sold their Bitcoins at 2017 when the price was really peak at that moment. There is no reason to still keep it on this bearish market, unless those Bitcoins are frozen or stolen.

Now that the price of Bitcoin has been hovering in a trough, gossip says that some institutions have started investing in cryptocurrencies.
You shouldn't believe to gossip lol, it doesn't make sense to believe to gossip because everyone can make one as well you too.
So you saying that it ain't smart hodling btc at the moment?
 I believe a lot of people will disagree with you
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December 21, 2019, 01:57:14 PM
 #341

Bitcoin is the most popular crypto coin, investing in it, you can be sure that over time, this coin will surely grow.

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December 21, 2019, 02:38:53 PM
 #342






To be honest; when I feel bored because of the bear market; then I always go through these 2 pictures; frankly, we are too early and definitely very lucky! Besides, I don’t check my BTC portfolio in every week.

 In addition, I feel honored when I think, I am a long term BTC holder! That’s it.

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December 21, 2019, 02:48:00 PM
 #343

My response is to buy more in the dips. People doesn't understand in order for an investment to be successful it needs to have an innovative product that can provide good quality service and bitcoin has all those qualities. It is the pioneer and give birth to alternative currencies and has the biggest popularity in any part of the world with its rising adoption. Bitcoin will not fail if that what worries, fomo investor.

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keeee
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December 21, 2019, 03:58:57 PM
 #344

Now that the price of Bitcoin has been hovering in a trough, gossip says that some institutions have started investing in cryptocurrencies. This can be used as a reference value for investing in Bitcoin.
And you believe in these gossips ?  Roll Eyes maybe it is just a tool to manipulate the market to dump later ? It's not conspirating just thinking about how whales are making the money...
Invest if you think you have to ... but not because of some gossips about institutions in BTC...
Investing in bitcoin is risky because it was volatile amd you dont know when it will pump and dump.  We arent sure about gossip because it dont have proof.  I suggest you better invest when the value of bitcoin is low.  For me that was the perfecr time because when it pump surely you can get benefit from it but you just have to wait for it. 

JC btc
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December 21, 2019, 05:02:17 PM
 #345

Now that the price of Bitcoin has been hovering in a trough, gossip says that some institutions have started investing in cryptocurrencies. This can be used as a reference value for investing in Bitcoin.
And you believe in these gossips ?  Roll Eyes maybe it is just a tool to manipulate the market to dump later ? It's not conspirating just thinking about how whales are making the money...
Invest if you think you have to ... but not because of some gossips about institutions in BTC...
Investing in bitcoin is risky because it was volatile amd you dont know when it will pump and dump.  We arent sure about gossip because it dont have proof.  I suggest you better invest when the value of bitcoin is low.  For me that was the perfecr time because when it pump surely you can get benefit from it but you just have to wait for it. 

For sure we are all aware of that the crypto is too risky, so it is up to us if we take it on our mind, or we just take risk and not ready for the consequence of it  and that we are after the profit that we can make and didn't consider the worst possible thing that can happen too, so investing in Bitcoin is not a mistake, but its your mistake for not being too vigilant.
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December 21, 2019, 05:33:42 PM
 #346

Bitcoin is the most popular crypto coin, investing in it, you can be sure that over time, this coin will surely grow.
Nothing is for sure at the moment. The current market is under too much pressure and cannot grow like previous years. For me, the current price of bitcoin is quite high so we can invest in it. In 2020 I believe that there will be a time when Bitcoin goes lower than the current price and we can buy it later. No one can guarantee long-term investment in bitcoin, the decision is with each of us

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December 22, 2019, 04:59:09 AM
 #347

My response is to buy more in the dips. People doesn't understand in order for an investment to be successful it needs to have an innovative product that can provide good quality service and bitcoin has all those qualities. It is the pioneer and give birth to alternative currencies and has the biggest popularity in any part of the world with its rising adoption. Bitcoin will not fail if that what worries, fomo investor.
when this is a low price, this should be a moment to have a large amount of bitcoin.  but, most people are quite afraid that bitcoin prices will fall lower.
in my opinion, the right decision to have bitcoin right now, because everything will change soon.  although the risk is still there, but an investor is ready with all the risks right?  You can judge for yourself when looking at prices after halving.


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December 22, 2019, 06:13:33 AM
 #348

I think that now is the time to buy Bitcoin. The fall to $6,500 and the subsequent rapid rise to $7,500 clearly showed us that within these prices formed a strong level of support. Miners will not sell Bitcoin below $6000. So I think buying Bitcoin in the price range of $6,500 to $7,500 is a good entry point into the asset. Halving is coming, which means that Bitcoin will become even more valuable.

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December 22, 2019, 08:34:25 AM
 #349

My response is to buy more in the dips. People doesn't understand in order for an investment to be successful it needs to have an innovative product that can provide good quality service and bitcoin has all those qualities. It is the pioneer and give birth to alternative currencies and has the biggest popularity in any part of the world with its rising adoption. Bitcoin will not fail if that what worries, fomo investor.
when this is a low price, this should be a moment to have a large amount of bitcoin.  but, most people are quite afraid that bitcoin prices will fall lower.
in my opinion, the right decision to have bitcoin right now, because everything will change soon.  although the risk is still there, but an investor is ready with all the risks right?  You can judge for yourself when looking at prices after halving.

Buying the dips works only if you have enough btc. There's only so much price drop you can take advantage of if you have limited funds. The only mistake for me is that if you buy with money that you need to spend on a certain time. There are no certain time when the price will drop or go up. You have to be flexible to be able to adjust to the movements of the market.

 
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KnightElite
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December 22, 2019, 09:32:23 AM
 #350

My response is to buy more in the dips. People doesn't understand in order for an investment to be successful it needs to have an innovative product that can provide good quality service and bitcoin has all those qualities. It is the pioneer and give birth to alternative currencies and has the biggest popularity in any part of the world with its rising adoption. Bitcoin will not fail if that what worries, fomo investor.
when this is a low price, this should be a moment to have a large amount of bitcoin.  but, most people are quite afraid that bitcoin prices will fall lower.
in my opinion, the right decision to have bitcoin right now, because everything will change soon.  although the risk is still there, but an investor is ready with all the risks right?  You can judge for yourself when looking at prices after halving.

Buying the dips works only if you have enough btc. There's only so much price drop you can take advantage of if you have limited funds. The only mistake for me is that if you buy with money that you need to spend on a certain time. There are no certain time when the price will drop or go up. You have to be flexible to be able to adjust to the movements of the market.
It easy to say to buy ay the dips but in the reality buying at the dips is really hard because you can never know if it is the dip or not. Buying at dip is a counter trend strategy because the selling pressure is high and you need to buy in order to execute your plan. Investing in bitcoin is not just buying and selling, you need to know a lot of trading strategies that you can use in order to survive in the market.
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December 22, 2019, 10:15:17 AM
 #351

My response is to buy more in the dips. People doesn't understand in order for an investment to be successful it needs to have an innovative product that can provide good quality service and bitcoin has all those qualities. It is the pioneer and give birth to alternative currencies and has the biggest popularity in any part of the world with its rising adoption. Bitcoin will not fail if that what worries, fomo investor.
when this is a low price, this should be a moment to have a large amount of bitcoin.  but, most people are quite afraid that bitcoin prices will fall lower.
in my opinion, the right decision to have bitcoin right now, because everything will change soon.  although the risk is still there, but an investor is ready with all the risks right?  You can judge for yourself when looking at prices after halving.

Buying the dips works only if you have enough btc. There's only so much price drop you can take advantage of if you have limited funds. The only mistake for me is that if you buy with money that you need to spend on a certain time. There are no certain time when the price will drop or go up. You have to be flexible to be able to adjust to the movements of the market.
It easy to say to buy ay the dips but in the reality buying at the dips is really hard because you can never know if it is the dip or not. Buying at dip is a counter trend strategy because the selling pressure is high and you need to buy in order to execute your plan. Investing in bitcoin is not just buying and selling, you need to know a lot of trading strategies that you can use in order to survive in the market.
I think you can also predict the dip by using TA. There are indicators such as MACD that cross each time there is a reversal. There is also a strategy I learned from youtube that use darvas box as well as AOTS that shows the dip and when we will gonna start to buy. Yes, it is hard to say when will be the dip and the lowest point of the price yet, there are also tools that can help us.



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Rainbot
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December 22, 2019, 10:46:21 AM
 #352

In my opinion investing in bitcoin is the right choice. As we know there are no other investments that can offer greater profits
compared to investing in bitcoin. So investing in bitcoin is not a mistake but a good opportunity to get a big profit. But we have
to be patient, because investing in bitcoin is very difficult to predict when the price rises. But if it goes up it can be very high.
All we need to do is wait until the price goes up, so those who haven't bought bitcoin should buy bitcoin right now. Before regret,
because the price hurried up.

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December 22, 2019, 10:52:07 AM
 #353

Don't worry with your investment. I think there’s a global acceptance that cryptocurrencies are the future even by governments, but they might not openly say it. some governments are quite transparent, are created and controlled cryptocurrency. this deviates from the Bitcoin type of model, but it’s an acknowledgement by some governments that crypto is the future. However, the current scenario is that huge sections of communities in the world especially US, Japan, South Korea, etc are in favor of bitcoin, and the price will get large momentum very soon.
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December 22, 2019, 11:39:31 AM
 #354

Don't consider it's a mistaken from you. Because you invested in the absolutely worthy place here low possibility to loss your money.
You have to overcame in the recent bear market. So better keep tightly hold for the a few months. Bitcoin investment is can not mistake in any moment.
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December 22, 2019, 11:48:58 AM
 #355

 they go in at the right time, when the market goes down is the best time to buy, don't say you will buy when the market conditions suddenly go up, because there will be a decrease after that, just remember this buy when it goes down, sell when it goes up. dont do the opposite  Tongue
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December 22, 2019, 12:47:56 PM
 #356

Probably you shouldn't have made up your mind to get the riches you needed with bitcoin because, Bitcoin isn't a process to get rich quick like any ponzi scheme out there. I wonder how many individuals think about bitcoin, Bitcoin has proven itself as a long term investment process and not short-term. Ensure to you hold your portfolio's to a reasonable time before sell out and if there is no gain, never sell until there's a good profit.

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December 22, 2019, 01:05:30 PM
 #357

I am all good with bitcoin and continue to invest in this coin. On Dec 18 it was around 6600$ and now on 7200$. This amazing new technology never stops to surprise us. Play it safe, you can earn a lot with it.


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December 22, 2019, 10:25:28 PM
 #358

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

Firstly,  I will say that you do not make mistake rather you were misinformed about the nature of the market.
Before making any investment, you should make a personal research about the proposed investment and not diving in base on speculations.
Bitcoin is volatile,  and this is the main point why some government have not approved it usage within their borders. 
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December 22, 2019, 10:31:31 PM
 #359

Questions like that are very common and often occur so it is not surprising why new investors always ask that. After all, the market has its own cycle which will definitely have time to go up and down so we don't need to panic and feel made mistakes in investing in bitcoin because in the end the price will definitely get a good pump.

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January 01, 2020, 01:24:34 PM
 #360

Your thot is a buzz discussion nowadays, many more investors are demoralized but there have more chances to revive myself as a investor, To be honest there have a few amount risk, But if you don't take risk you don't touch the benefits as well. I have seen that the speed of currency rate is stable from last one year. I think new year will be brings a lot of chance for you.
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January 02, 2020, 04:42:42 AM
 #361

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
If you made an investment in Bitcoin because you thought that it is alway profitable, then it is a mistake. You need to choose a right time when the price drop.
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January 02, 2020, 04:54:54 AM
 #362

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
If you made an investment in Bitcoin because you thought that it is alway profitable, then it is a mistake. You need to choose a right time when the price drop.
I notice that new investors and newbies in crypto world has the reason in joining because they taught that it is profitable and they can get a big profit easily which is wrong that's why most of them face failure in crypto world and will blame the crypto and other sites that it is a scam which is very wrong. In fact, it's their fault why they face some situation as that because they don't get to know what crypto is and how it works out of greedy in money they enter into a world that they don't have a prior knowledge about it, working to earn in crypto is not that easy, and there's no such easy and free earning, veterans in crypto knows it best, and I also know how hard it is. They, we should know that as long as we are in the crypto world, we need also to continuously learn and explore. Let's not stop in one place, or we will never make progress.
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January 02, 2020, 06:14:31 AM
 #363

The bitcoin price went up too high, and then the bitcoin price fell too low. Altcoins have lost much more value. Now I look back. Bitcoin is still very strong. I think getting a bitcoin is a sensible investment. People need reasons to re-enter the market.
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January 02, 2020, 07:18:28 AM
 #364

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
If you made an investment in Bitcoin because you thought that it is alway profitable, then it is a mistake. You need to choose a right time when the price drop.

in investing bitcoin then we really need to have the ability, because it is quite difficult to invest in it. if the market is not profitable it will be more difficult and our abilities must also be used, don't look for profit if we don't understand the right way to invest, at least have to do a little research first.

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January 02, 2020, 07:24:06 AM
 #365

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
If you made an investment in Bitcoin because you thought that it is alway profitable, then it is a mistake. You need to choose a right time when the price drop.
That is why many people lose their capital in bitcoin. They think that they will be profitable once they lend the money in cryptocurrency. They don't know that it goes down also. And anytime, they will lose their capital. Bitcoin is a volatile investment and it requires a perfect timing. Because you need to buy when it goes low and sell it when it moves up.



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Rainbot
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January 05, 2020, 03:10:28 PM
 #366

Not everyone who invests in bitcoin wins in terms of making a profit. Cryptocurrency can be considered one of the types of business. It is important not just participation, but when, in what period of time you did it and what market conditions were at that time, what price did Bitcoin and a number of factors have at that time. However, it was estimated that in 98 percent of cases, investing in bitcoin was still profitable. How the situation will develop in the future is difficult to predict. However, in all likelihood, everyone who has invested in bitcoin before this time should eventually win if they do not panic and do not sell it at a loss.
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January 05, 2020, 03:30:18 PM
 #367

The bitcoin price went up too high, and then the bitcoin price fell too low. Altcoins have lost much more value. Now I look back. Bitcoin is still very strong. I think getting a bitcoin is a sensible investment. People need reasons to re-enter the market.
All investment can be considered sensible as long as we research it and we take care of it by monitoring and seeing how it will develop, we mainly need to be responsible enough to look and gathered details whether the prices will rise up or not as bitcoin is too volatile to hold.

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January 05, 2020, 04:20:52 PM
 #368

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
Well, it will only be a mistake if you've done your investment wrong. Bitcoin can be beneficial if you are strategically doing your part on how you earn money but if you are very careless or clueless on what you are doing, you will find as a waste of time and money only and will start considering your investment as a mistake. Bitcoin has a very volatile value so it really required great patience and perseverance on how you can make money out of your investments from it.
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January 05, 2020, 05:00:30 PM
 #369

Why not? You can absolutely invest in bitcoin. You should remember anything and find the hidden risks. The same goes for investing in cryptocurrencies. Although the digital market has dropped unexpectedly recently, it is predicted that 2020 will be a year of strong growth and price increase. You should invest now.

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January 05, 2020, 06:04:33 PM
 #370

The price of bitcoin is very mobile. But there is a problem. Not everyone makes money with this investment. It is inevitable that some people lose money. It's a good thing that people follow their dreams. We shouldn't break with the truth.
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January 05, 2020, 07:27:41 PM
 #371

You must make the right investment plan for Bitcoin. Bitcoin price is very moving. However, it is very important to lower the average. It may make sense to make continuous purchases for Bitcoin. You get every price. You need to sell at the right price.
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January 07, 2020, 10:19:11 AM
 #372

I don't think so. But, if you're investing in Bitcoin when the price so high and you want to sell it at a low price then you've made a mistake. My thought is Bitcoin price will increase because the bullish is coming this year (according to some expert prediction). We'll see about it.

Every trader always aims to the goal to have a good market value and profit. But not all of the trader succeed on their trading because on some many issues like they skipped the opportunity to buy or their make a wrong prediction about the market price of the particular coin. All of us can make a mistake but still, we are heading towards to earn profit use the mistakes to get more knowledge and experience to avoid mistakes in the future by this we can now be a good trader. One of the best teacher is your own experience.

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January 07, 2020, 10:40:22 AM
 #373

I didn't read this whole thread so apologies in advance if this has been said.

If someone were to ask me the question "DID I MAKE A MISTAKE INVESTING IN BITCOIN?" My reply woud be: Yes, you most certainly have and your risk is great.
It would be far more beneficial to yourself and the community to do more research on understanding the fundamental idea of Bitcoin and why its here. Its a long journey for most and can take many months/years to get grasp of. If you still want to continue to invest after this, next is to asses a position that comfortably fits your risk profile understanding that its very likely that your position will be underwater at some point and your convictions leading to your question will be tested.  
This question will not need to be asked if you've approached Bitcoin after due diligence, you will know whether or not its for you.

I usually like to point out that most traders 90%+ lose value trying to trade Bitcoin and alts.
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January 07, 2020, 10:43:57 AM
 #374

I don't understand why people who don't trust the asset they are investing, end up investing.
If you did a mistake, then you should just get out of the trade instead of asking it on the forum. You should have done your research before investing. Price is highly volatile. People panic. It's your money and you are the best judge. None of us who are replying here have anything to do with your money. Make a decision and stick to it.
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January 07, 2020, 10:49:41 AM
 #375

Not only bitcoin or other cryptocurrencies, with each and every form of investment there is risk associated with it. Some has the mind to take the risk while majority fear of the risks. Some out of luck makes big through investment while majority makes big earning out of analysis about the market. At any cost investing over bitcoin isn't a mistake if one has got the time and money to withstand the present days.

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January 07, 2020, 02:55:14 PM
 #376

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?

Well, it's natural to feel this way since thats our profit and it is natural to feel regret when you put something and didn't get the expectation that you have set and I also feel this at some point but I always remember there is no success on keeping yourself in your comfort zome Bitcoin is risk itself and whenever we put a certain amount here remember to consider it as gone already in this mentality we can prevent ourselves to excessively put the assets that we have that we can't actually put to risk.
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January 07, 2020, 03:02:44 PM
 #377

Not only bitcoin or other cryptocurrencies, with each and every form of investment there is risk associated with it. Some has the mind to take the risk while majority fear of the risks. Some out of luck makes big through investment while majority makes big earning out of analysis about the market. At any cost investing over bitcoin isn't a mistake if one has got the time and money to withstand the present days.

But if people are planning to make money in this way, they are not afraid, they must 100% bear the risk.
Investing in bitcoin is not a mistake, it is a kind of fun, getting out of your comfort and letting yourself go on a journey that can make a lot of money would thus define bitcoin.
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January 07, 2020, 03:05:55 PM
 #378

Not only bitcoin or other cryptocurrencies, with each and every form of investment there is risk associated with it. Some has the mind to take the risk while majority fear of the risks. Some out of luck makes big through investment while majority makes big earning out of analysis about the market. At any cost investing over bitcoin isn't a mistake if one has got the time and money to withstand the present days.

But if people are planning to make money in this way, they are not afraid, they must 100% bear the risk.
Investing in bitcoin is not a mistake, it is a kind of fun, getting out of your comfort and letting yourself go on a journey that can make a lot of money would thus define bitcoin.

That's why we are the one responsible with what we are doing, not your friend, family, not Satoshi but you alone, no one should push you to invest in something that you do not want, you should be able to know your priorities, you should be able to know the consequence of all the actions that you are doing in your life and no one should be blame.
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January 07, 2020, 03:55:07 PM
 #379

All investment platforms are requiring us to take risk, if we are to ask a question are we making mistakes investing in bitcoin it could probably be yes at some point, and no. Why I am saying yes is because our rival here is not bitcoin itself, but the time and timing we have to invest our funds onto it. It is never a mistake to risk, but if we are risking and letting ourselves to really lose in the market then that is regretful. Bitcoin is already providing us with hints on how we could win and be happy by using it. We just need to be aware of that and stop being someone who's goal is to find an investment that returns easy money.
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January 07, 2020, 05:13:28 PM
 #380

Congratulation if you invested in Bitcoin you are at right place,Bitcoin total number is about 21millions but the global population is in Billions so if you own a Bitcoin you are lucky from a population owning Bitcoin. Bitcoin is for those who know how t be patient with their investment.

Bitcoin is long term investment and if you think that will get rich early is should choose any other platform,Crypto including BTC is creating millionaires but not in just day and night its a long process.

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January 14, 2020, 11:30:44 PM
 #381

Its the same as buying stocks or investing in companies that are listed in the stock market, when you placed your money there, there is no guarantee that your money will grow, but doing the right research will at least lower your chance of losing money, however, Bitcoin is different, while you also have a chance to gain or get profits, your risk of losing money is higher. Thats why theres a saying invest only what you can afford to lose.
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January 15, 2020, 08:20:33 AM
 #382

Some people think Bitcoin is a currency, some people think Bitcoin is more than a currency and some people think Bitcoin is a tool to get rich within a short time, but I think Bitcoin is the most popular and profitable tool for the investment purpose, so you didn't make any mistake by investing in here, believe it or not, Bitcoin will bring to you a good amount of profit if you can hold for a long time, don't spend Bitcoin, just hold it for the time when Bitcoin price will high, so don't get upset, it's just a matter of time you will get a high value because Bitcoin halving is coming very soon.

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January 15, 2020, 02:37:03 PM
 #383

Investing always have risk at his back if you don't fully know what you are doing. Same thing with bitcoin, there's fluctuations that really tough to
anticipate though if you are ready and willing to handle it chances always high to achieve your goals.
Prepare yourself and understand both risk and potentials before taking your decision to step inside this market.
There is no mistake in buying bitcoin especially when you are just a beginner. If you bougt bitcoin last month, then expect a high gain this days because as what we can see bitcoin pump this week and people are thinking that this month will be bull run. Taking risk is not a mistake at all but rather a chance for us to grown and be good in trading.

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January 15, 2020, 03:25:27 PM
 #384

In my own opinion, investing in bitcoin is not a mistake because a lot of people given a great opportunities because they invested in bitcoin that they started to earn good profit from it that their investment really grew in only a few years. A lot of people are scared to invest in bitcoins because of it's risk, but bitcoin is still profitable as long you have patience and you can control your emotions.
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January 15, 2020, 03:27:59 PM
 #385

In my own opinion, investing in bitcoin is not a mistake because a lot of people given a great opportunities because they invested in bitcoin that they started to earn good profit from it that their investment really grew in only a few years. A lot of people are scared to invest in bitcoins because of it's risk, but bitcoin is still profitable as long you have patience and you can control your emotions.

Well, if he can answer his own statement now then good for him, now that the price of Bitcoin continues to rise and still increasing it is his time to tell if he really did a mistake, or he will thank himself and everyone for introducing crypto into his life which made him a lot of profit.
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January 15, 2020, 03:30:33 PM
 #386

Investing in bitcoin will still be a good investment option if you choose the right time to enter this market. This market is unpredictable so a lot of people have lost money in this market but besides that there are also many who become rich. It all depends on your luck and experience. And for a newbie, you do not need to rush to invest in this market, you should first carefully understand the market and monitor it for a long time then invest in it, many newbie has enter this market with impatience and of course they will fail

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