Think before investing, the moon has limits

[Husires]

Bitcoin price is on an unbelievably ridiculous upswing, some of which are witnessing increases of more than 100% and rewards up to 30%.

Indulging in comments that talk about the price will reach one million dollars, the opportunity will be lost, the price will rise to infinity, which may give you instant happiness, it is not the way to manage your investment.

Some things to keep in mind:

    Avoid buying when the price continues to rise, crash will happen sooner or late.
    Reduce your risk by diversifying your investment: It may not be investment advice but put a significant limit on your risk.
    Nothing rises to infinity.
    Avoid panic and emotions trading

If Bitcoin reaches the moon, we will not consider its USD value.

[Ibrahim60]

Your opinion is quite right and good advice for every investors. We know that bitcoin is one of the best and potential coin. Its price is now so much volatile and increasing enormously. Every coin up and down. This is the attitude of all cryptocurrency. I see some people tell that don't invest now in Bitcoin because anytime it will be crushed when Bitcoin price was hit $30k. Now Bitcoin price hit $60k and also see those type of comments. Investing in any crypto, you must take some risk if you want to make profit. Because, no risk no gain.

[rhodelmabanal]

Bitcoin price is on an unbelievably ridiculous upswing, some of which are witnessing increases of more than 100% and rewards up to 30%.

Indulging in comments that talk about the price will reach one million dollars, the opportunity will be lost, the price will rise to infinity, which may give you instant happiness, it is not the way to manage your investment.

Some things to keep in mind:

    Avoid buying when the price continues to rise, crash will happen sooner or late.
    Reduce your risk by diversifying your investment: It may not be investment advice but put a significant limit on your risk.
    Nothing rises to infinity.
    Avoid panic and emotions trading

If Bitcoin reaches the moon, we will not consider its USD value.

We cannot really deny the fact that there are so many people today that is now getting panic due to the continuous rising of the bitcoin price, Emagine from 50k$ it is now 60k$ for just a couple of days that was really amazing, however we still need to put in mind that in crypto everything may change in one blink of an eye so we need to be more careful, because the price now is too risky so be wise guys and make some limitation for good.

[Harlot]

Reduce your risk by diversifying your investment: It may not be investment advice but put a significant limit on your risk.

If you are planning to diversify your earnings it should be outside of cryptocurrencies as this will definitely be not an effective way of diversifying as technically it would still be in the same industry. Right now the market is greatly influenced by the market leader and other cryptocurrencies follow the price movement of Bitcoin so if Bitcoin goes down other cryptocurrencies will also take a hit. If you plan to diversify it should be on other markets such as the stock market as it won't be affected by Bitcoin if it goes down south.

[hatshepsut93]

    Avoid buying when the price continues to rise, crash will happen sooner or late.

It only applies if you're short-term trading. Think about the recent example, Bitcoin reached $40,000 almost without stops, so if you bought at that time, didn't panic sell when it corrected to $30,000 and kept hodling, you'd already have 50% profit.

    Reduce your risk by diversifying your investment: It may not be investment advice but put a significant limit on your risk.

You can't diversify in crypto, all alts follow Bitcoin. And telling people to diversify in general is pointless, those who come to crypto either don't have enough money for less risky investments, or they already know what to do.

    Nothing rises to infinity.

No one talks about infinity and everyone realizes a crash will come, it's just a question of when.

[goaldigger]

As much as we want to see Bitcoin reaches the Moon, there’s a limit for that and soon we might be on that situation again where the price of BTC needs to correct big time.

We all know that its price dump can’t be stop as well, hopefully if that time happens you don’t panic easily and you know what to do by that time. TAYOR!

[Japinat]

I'm doing the same, I would not follow the FOMO as I learned a lot from my experience.

When the price is high, it's time to sell not to buy.
Newbie would always want to ride the FOMO but they'll easily panic when the price dump and that makes the smart investors richer in this game.
I'm not underestimating the future of bitcoin but based on the trend, when the market is pumping hard, it usually dump as a correction.

I hope everyone understands that.

[dimonstration]

Just always be updated in the market, for new investors or 1st time crypto buyers it's not recommended to invest fully or too much these time that price were too high but it's still good to put a little provided they have knowledge in trading and they can make it grew or transfer in other potential crypto. The mistakes sometimes in newbies now is they fully invested all their money when there is FOMO, soon sure they will learn from experience seeing stop loss and monitoring the chart to look at possible chance to buy at low.

[fadhilz123]

    Nothing rises to infinity.

I think i just will comment on this one, the rest already commented by other members here
We all know this one, But the big question when?? Waiting until down?? Many people do this and end with regrets, so don't wait too long. Because we are in Bullrun, it's mean market green everything will pump, keep waiting will make you miss the train

[GreatArkansas]

Reduce your risk by diversifying your investment: It may not be investment advice but put a significant limit on your risk.

I really don't think so the diversifying is good always. Especially when before Bitcoin is still below $10,000, I diversified my investment, instead of buying Bitcoin only, I intended to find some good altcoins for me and then buy a lot. After that I realize and computed, if I just accumulate or buy Bitcoin instead of altcoins that time, I can able earn huge returns.

[mk4]

Avoid buying when the price continues to rise, crash will happen sooner or late.

Totally against this because this encourages timing the markets; which as we know, chances are, the typical investor is going to totally suck at it and will end up buying higher than he/she should have. If you're actually going to invest(as said in the title) and not trade, good lawd just dollar-cost average[1]. It's a boring strategy but it's what actually works really well.

Reduce your risk by diversifying your investment: It may not be investment advice but put a significant limit on your risk.

Just a PSA to the people: diversifying investments is buying other assets in other asset classes like stocks. Buying altcoins is not diversifying.

[1] https://dcabtc.com/

[BitcoinBunny]

   Avoid buying when the price continues to rise, crash will happen sooner or late.

People would be kicking themselves not buying at 20K with that attitude, now that we are talking 60K. Will BTC ever drop to sub 20K again? I doubt it, just considering Elon Musk's, Michael Saylor's and the Winklevoss BTC holdings now. Other whales we've never heard of who are also totally not into the trade game have entered the arena as well.
The only good time to buy and start HODLing BTC is now. Yesterday already happened.

   Reduce your risk by diversifying your investment: It may not be investment advice but put a significant limit on your risk.

Diversifying in altcoins I would not recommend. We have only seen losses so far against BTC for the vast majority of these. Even mathematically sound alts (that are literally forks of BTC!) such as Litecoin never achieved the ATH again so far. That is quite disappointing I would argue in a massive bullmarket.
Michael Saylor makes many arguments against investing in almost anything else due to real inflation.
I think investing in property might be the only other worth while thing to keep your assets safe over a long period, but it's a major headache compared to BTC.

   Nothing rises to infinity.

Some I'm sure would consider Berkshire Hathaway to be kind of that infinity category. 40 years of continuous asset rises is probably enough for most people's lifetimes.
We've just had a decade of BTC rises. Who can say that will not continue for the next 3 decades at least.
BTC is MUCH easier to get and hodl than a single Berkshire Hathaway stock ever was. That might give you a possible indication what could happen.

   Avoid panic and emotions trading

Invest money you can afford to lose right now. Then HODL, don't trade.

[kotajikikox]

Bitcoin price is on an unbelievably ridiculous upswing, some of which are witnessing increases of more than 100% and rewards up to 30%.

Indulging in comments that talk about the price will reach one million dollars, the opportunity will be lost, the price will rise to infinity, which may give you instant happiness, it is not the way to manage your investment.

Some things to keep in mind:

    Avoid buying when the price continues to rise, crash will happen sooner or late.
    Reduce your risk by diversifying your investment: It may not be investment advice but put a significant limit on your risk.
    Nothing rises to infinity.
    Avoid panic and emotions trading

If Bitcoin reaches the moon, we will not consider its USD value.

The Moon will always shine in the evening no matter what the condition of the world is.
So this also Mean that even if the price falls when you Bought in high value yet It will grow up in the near time, But of course this is only for those coins that assures us to be legit and valuable Like Bitcoin.
If you suddenly experience a Huge dump just right after Buying just Keep the Hold and it will grow.
Means also One thing that all the funds we must invest is the amount we can risk and Lose in chances of we cannot expect.

[Sled]

The Bullrun has to end someday, buying now will correspond to higher risk but it is too amazing why many were still have to risk and buy more, it is just because they believe that in the next 5 years, 10 years Bitcoin will reach to $1million? We can't stop those beliefs but there is a need for us to think as well that all of this speculation, market prediction can't all be right. And the question also if we can help ourselves to have that patient?
I hope people realize the risk and not too optimistic coz too much expectations are really hurt when we fail.   

[ethereumhunter]

If the bitcoin price increase, you need to wait for a while because we do not know if the price will increase or not, and if the price is down after that, we can prepare to buy bitcoin. But if the price still increases, you need to hold yourself and not try to buy because the situations are not good if you continue to buy. If you can hold and analyze, maybe you can know if you can enter the market and buy some bitcoin, so you can sell it and make a profit when the price increases. But waiting for a while will be good for you as you can know what will happen to bitcoin later.

[Hippocrypto]

Bitcoin price is on an unbelievably ridiculous upswing, some of which are witnessing increases of more than 100% and rewards up to 30%.

Indulging in comments that talk about the price will reach one million dollars, the opportunity will be lost, the price will rise to infinity, which may give you instant happiness, it is not the way to manage your investment.

Some things to keep in mind:

    Avoid buying when the price continues to rise, crash will happen sooner or late.
    Reduce your risk by diversifying your investment: It may not be investment advice but put a significant limit on your risk.
    Nothing rises to infinity.
    Avoid panic and emotions trading

If Bitcoin reaches the moon, we will not consider its USD value.

We should be careful on that scenario when price rises so fast, it's beyond our control that's why we're always liable. Keep monitoring your holdings, and once you've noticed a huge signs of market dump then don't hesitate to sell your asset and take your profit immediately. Don't risk and hodle when there's no assurance of recovery.

[Reid]

If Bitcoin reaches the moon, we will not consider its USD value.

Been thinking about that and most of it was regret.
Although I had my joy when spending it back then. That won't be paid by any kind of money.

Anyway, don't ride the expensive boat. That's one of the things I learned in this forum 4 years ago.
Up until now, it's still like a motto of mine. I'm the cheap type of person and I want everything to be as cheap as it could get before I buy them.
After that, what every investor need is patience. But I doubt they will have it if the mindset is being a millionaire in an easy way.

[pooya87]

    Avoid buying when the price continues to rise, crash will happen sooner or late.

This is wrong. Just because price is rising that doesn't mean it must crash soon. For example the last time price continued rising from 2015 until the beginning of 2018. That's 3 years of continued rising with only corrections until 2018 the crash happened.

Keep in mind that not so long ago people were calling for a crash and price was barely $4k!

Reduce your risk by diversifying your investment: It may not be investment advice but put a significant limit on your risk.

This needs clarification whenever you post on "bitcoin" forum.
Most newcomers here think diversification means buying altcoins but that is the worst thing anyone can do in the name of diversifying. Diversification means buying other assets that have nothing to do with bitcoin like stocks for example.
In other words if you are buying altcoins you are NOT diversifying.

[Poker Player]

Yeah, well the moon has limits but the point is, what are those?

Many people expect Bitcoin to overtake gold as the best store of value in the world, that would mean a 10x from now, not bad. I don't agree with the general view that because the price is constantly rising and breaking ATHs, it has to crash soon. In fact there is a trading strategy (in the stock market) consisting in buying precisely when there is that tendency, because that means the asset is strong. We can't just get a general rule here, we have to consider the particularities of this precise asset and everything points to Bitcoin keeping rising during at least the following months.

As for diversification, if that means outside the crypto world, I agree. Having almost 100% of your net worth in Bitcoin is very risky. Probably very profitable also but very risky.

[TravelMug]

Still boils as how to look at investing in bitcoin, if you are here for the long term then for sure, you can buy even at top and just HODL. So if there is an imminent crash, you won't be affected by it and just continue to accumulate until such time that you have enough in your wallet that you can bet set for life.

I agree with diversification, but I would rather invest on non-crypto, i.e maybe stocks or golds or even a piece of land.