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Author Topic: DID I MAKE A MISTAKE INVESTING IN BITCOIN?  (Read 5139 times)
Sadlife
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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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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!
Tramirostronix
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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
sulendra12
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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.

tartibaya
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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.
Excell110 (OP)
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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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