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Author Topic: DID I MAKE A MISTAKE INVESTING IN BITCOIN?  (Read 5148 times)
AicecreaME
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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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Clark05
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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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Bitcoinislife09
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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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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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