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Author Topic: DID I MAKE A MISTAKE INVESTING IN BITCOIN?  (Read 5069 times)
nydiacaskey01
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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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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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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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