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beliomir
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October 02, 2019, 05:42:42 AM |
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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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blckhawk
Sr. Member
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Activity: 1512
Merit: 332
★Bitvest.io★ Play Plinko or Invest!
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October 02, 2019, 05:47:59 AM |
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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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sarabanda
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October 02, 2019, 05:50:24 AM |
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Bitcoin is a long term investment without any garanty like lottery or casino but not a bad investment of course  |
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Cjblog
Jr. Member
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Activity: 178
Merit: 4
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October 02, 2019, 06:15:07 AM |
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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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teosanru
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October 02, 2019, 06:15:33 AM |
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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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bering
Legendary
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Merit: 1006
Leading Crypto Sports Betting & Casino Platform
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October 02, 2019, 06:17:44 AM |
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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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fiulpro
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October 02, 2019, 06:18:12 AM |
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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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Cjblog
Jr. Member
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Activity: 178
Merit: 4
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October 02, 2019, 06:20:10 AM |
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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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shoreno
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October 02, 2019, 06:26:28 AM |
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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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Excell110 (OP)
Member
Offline
Activity: 98
Merit: 24
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October 02, 2019, 06:36:51 AM |
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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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nankers
Full Member
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Activity: 634
Merit: 118
Bounty Hunter Indonesia
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October 02, 2019, 06:42:52 AM |
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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  |
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Excell110 (OP)
Member
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Activity: 98
Merit: 24
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October 02, 2019, 06:46:24 AM |
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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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ChrisPop
Legendary
Offline
Activity: 2310
Merit: 1033
Not your Keys, Not your Bitcoins
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October 02, 2019, 06:53:02 AM |
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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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Excell110 (OP)
Member
Offline
Activity: 98
Merit: 24
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October 02, 2019, 06:58:15 AM |
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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 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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pundit
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October 02, 2019, 08:29:02 AM |
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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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DabsPoorVersion
Sr. Member
Offline
Activity: 1246
Merit: 315
#SWGT PRE-SALE IS LIVE
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October 02, 2019, 09:02:20 AM |
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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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gunhell16
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October 02, 2019, 09:04:35 AM |
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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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whtchocla7e
Full Member
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Activity: 392
Merit: 116
Worlds Simplest Cryptocurrency Wallet
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October 02, 2019, 09:05:36 AM |
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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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bitbunnny
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Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
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October 02, 2019, 09:33:15 AM |
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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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Ailmand
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October 02, 2019, 09:43:21 AM |
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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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