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Author Topic: DID I MAKE A MISTAKE INVESTING IN BITCOIN?  (Read 5148 times)
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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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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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Rainbot
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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
jarhed
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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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