dothebeats
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July 29, 2021, 11:11:22 PM |
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I wouldn't really advice people to go ahead and invest on bitcoin without also telling them the risks involved in this investment, plus they need a lot more information on cryptocurrencies before diving deep into the rabbit hole. Many people just invest blindly during the hype stages of cryptocurrencies, and are sometimes forced to sell at a loss when a sudden crash happens due to fear of losing it all. That's what we want to avoid, luring in people to invest without showing them the ropes, the risks, and the other information in-between each deposit that they do in order to gain profits.
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Shasha80
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2021, 11:21:07 PM |
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I wouldn't really advice people to go ahead and invest on bitcoin without also telling them the risks involved in this investment, plus they need a lot more information on cryptocurrencies before diving deep into the rabbit hole. Many people just invest blindly during the hype stages of cryptocurrencies, and are sometimes forced to sell at a loss when a sudden crash happens due to fear of losing it all. That's what we want to avoid, luring in people to invest without showing them the ropes, the risks, and the other information in-between each deposit that they do in order to gain profits.
I agree don't invest in something we don't know about, it will only result in failure. It is very important to learn everything about Bitcoin, so that we know the risks of investing in Bitcoin. Don't invest in Bitcoin just because of other people's advice and don't ever think Bitcoin can give you instant profit. Remember investing in Bitcoin does not need to be rushed, we need to have knowledge to be able to successfully invest in Bitcoin. So I always advise beginners to learn Bitcoin first, before they decide to buy Bitcoin.
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Hippocrypto
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2021, 11:52:08 PM |
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It came to my mind that acting too late is a deeper frustrations, if you find this is the right time to make an entry for your investment then do it. Don't let negative thoughts poisoned your mind, because those people who were trying to pull you down will soon recognize you when you embrace success. Sometimes we need to stand alone in order to be strong and independent, that's why bitcoin made for the people with financial independence without being controlled by somebody who's in power.
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Zilon
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2021, 11:54:00 PM |
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It's really not easy to hodl as we so preach it. Holding atimes is limited to financially stable investors who has other source of income to cover up for their expenses. Imagine a newbie in the crypto industry who manages to raise $500 for investment and along the line he is faced with a challenge that demands him selling his coin and even taking a loan to meet up his pressing needs. I feel most people wish to invest but the challenges revolving around them makes them to constantly withdraw
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Rajamuda
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 30, 2021, 12:54:53 AM |
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It came to my mind that acting too late is a deeper frustrations, if you find this is the right time to make an entry for your investment then do it. Don't let negative thoughts poisoned your mind, because those people who were trying to pull you down will soon recognize you when you embrace success. Sometimes we need to stand alone in order to be strong and independent, that's why bitcoin made for the people with financial independence without being controlled by somebody who's in power.
that's absolutely right, it's better to stay focused and consistent on what to do, after all it's all about who thinks more intelligently and who doesn't. It's a hope/opportunity that we shouldn't despair or feel weak, in bitcoin.. opportunities keep opening up from time to time due to fluctuations, and yeah bitcoin for smarter people drives earnings.
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ethereumhunter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 30, 2021, 03:04:55 AM |
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It came to my mind that acting too late is a deeper frustrations, if you find this is the right time to make an entry for your investment then do it. Don't let negative thoughts poisoned your mind, because those people who were trying to pull you down will soon recognize you when you embrace success. Sometimes we need to stand alone in order to be strong and independent, that's why bitcoin made for the people with financial independence without being controlled by somebody who's in power.
that's absolutely right, it's better to stay focused and consistent on what to do, after all it's all about who thinks more intelligently and who doesn't. It's a hope/opportunity that we shouldn't despair or feel weak, in bitcoin.. opportunities keep opening up from time to time due to fluctuations, and yeah bitcoin for smarter people drives earnings. When you can see the benefit of bitcoin that you can get, you will not listen to people who have negative thought instead will stick to your plan investing in bitcoin. You will have a big smile in the end when the bitcoin price is at the top price, while those people will regret it because of rejecting and not follows what you did. They will come to you and ask you to teach them so that will be a good time to open their eyes to see the fact that bitcoin comes to help people who want to change their financial problems in the name of investment.
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Renampun
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 30, 2021, 10:50:15 AM |
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I wouldn't really advice people to go ahead and invest on bitcoin without also telling them the risks involved in this investment, plus they need a lot more information on cryptocurrencies before diving deep into the rabbit hole. Many people just invest blindly during the hype stages of cryptocurrencies, and are sometimes forced to sell at a loss when a sudden crash happens due to fear of losing it all. That's what we want to avoid, luring in people to invest without showing them the ropes, the risks, and the other information in-between each deposit that they do in order to gain profits.
I broke up with my friend because he lost in crypto... in 2018 he did a cut loss and suffered a loss of 60% since then he doesn't want to have anything to do with my family anymore. It's very hard to persuade people to invest in crypto when they don't have the mentality, faith and knowledge in crypto.
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Obito
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July 30, 2021, 11:28:50 AM |
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Can't blame those people, remember that not everyone knows about bitcoin or they don't have an intricate knowledge on it so it's pretty much difficult for many to buy right now because if they don't know about it, then they risk losing money. Also, not a lot of people have enough to invest right now, it's a privileged thing that we are able to invest in bitcoin.
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Quantum907
Member
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Offline
Activity: 644
Merit: 10
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July 30, 2021, 03:16:24 PM |
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It's really not easy to hodl as we so preach it. Holding atimes is limited to financially stable investors who has other source of income to cover up for their expenses. Imagine a newbie in the crypto industry who manages to raise $500 for investment and along the line he is faced with a challenge that demands him selling his coin and even taking a loan to meet up his pressing needs. I feel most people wish to invest but the challenges revolving around them makes them to constantly withdraw
That's right, holding for a long time can only be done by those who have strong finances, for me when I get 10% profit I will panic and sell some, if the price drops 10% I also do the same thing, that is selling at a loss for fear of getting bigger losses
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Thank you
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randegibran
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July 30, 2021, 04:10:22 PM |
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if.indeed some time ago.it was.the right time to buy bitcoin maybe at this time it.is not the right time to buy.it back, maybe we should.be patient.for a moment.to buy bitcoin again because at this time it.is really giving.such a significant.price.can hope the price will return to.stable to its.original position.for the time to come
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blackened515
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 30, 2021, 07:10:27 PM |
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It came to my mind that acting too late is a deeper frustrations, if you find this is the right time to make an entry for your investment then do it. Don't let negative thoughts poisoned your mind, because those people who were trying to pull you down will soon recognize you when you embrace success. Sometimes we need to stand alone in order to be strong and independent, that's why bitcoin made for the people with financial independence without being controlled by somebody who's in power.
Many people act on the advice of others, they can't make decision on their own. Bitcoin operates in an decentralized system, it gives one the power of been in charge of he/her money. Nobody controls it. I understands that, for one to make profit from investing in Bitcoin, it requires a strong and independent mindset and patience. Just as you stated, one basically have to buy only when he/she thinks is the right time. We have to make decisions on our own.
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ILuckyGuyI
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July 30, 2021, 07:37:57 PM |
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I think that this is still a really good chance to buy Bitcoin. Because the market is on the rise now. And it looks like this increase could continue for a long time. It's really good to see Bitcoin price like this after a long period of a bear market.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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isaac_clarke22
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July 30, 2021, 08:17:50 PM |
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Well a lot of people outside crypto that were just almost introduced by others tend to know that Bitcoin is something that can make one rich. It is kind of sad that this is how other people see Bitcoin due to its volatility, but I guess on the other side people can see still the convenience it can give unlike using fiats. This made me remember when I instantly just go and traded a lot of coins in the market, thinking that day trading would make me rich in a day. I was wrong, lol.
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carrigan
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July 30, 2021, 08:41:34 PM |
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This is a good advice, invest now, Bt, I think that it will be wiser when we are investing when we are really ready . - ready with the funds - ready with the risks - and also ready with the crypto world, especially with Bitcon. especially for newbies, it will be better to know and understand it first, then after the right and also a wise decision, we can decide whether to invest or not.
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gundala
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July 30, 2021, 09:15:49 PM |
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Well a lot of people outside crypto that were just almost introduced by others tend to know that Bitcoin is something that can make one rich. It is kind of sad that this is how other people see Bitcoin due to its volatility, but I guess on the other side people can see still the convenience it can give unlike using fiats. This made me remember when I instantly just go and traded a lot of coins in the market, thinking that day trading would make me rich in a day. I was wrong, lol. After realizing that it was a mistake, you must be more interested in learning, right? looking for a more effective and truly profitable way than just coming for instant profit and getting rich. that's the lesson we can take, everything should be based on knowledge, except for the lucky ones, lol. Unfortunately, luck is not always on our side, so to get it for us we must know the right strategy and according to our abilities. and that's what most newbies think, crypto can provide quick and instant profits, when in fact it is not. at least we have to analyze the market because price changes can occur at any time.
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kawetsriyanto
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Up to 300% + 200 FS deposit bonuses
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July 30, 2021, 09:25:40 PM |
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Bitcoin falling below $30k : People it's going to be dead and it's bubble and those who have invested panic sell Bitcoin again pumping to $50k : People say we have missed the boat again
They are surely not the real Bitcoin investors. Following the hype and weak holding are the nature of amateur Bitcoin investors. These people mostly just focus on short-term holding. I doubt if they can buy Bitcoin at the right time because when Bitcoin price is decreasing and quite cheap, they will be afraid to see many FUDs around. They probably buy Bitcoin on the uptrend season, when the Bitcoin price already increases much. Then, they will quit Bitcoin investment very soon since they will do panicking selling on the correction phase. These people should be newbies or old investors/traders who have the newbie mindset forever ( real losers).
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19Nov16
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July 31, 2021, 07:09:59 AM |
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I think that this is still a really good chance to buy Bitcoin. Because the market is on the rise now. And it looks like this increase could continue for a long time. It's really good to see Bitcoin price like this after a long period of a bear market.
Bear market happened almost 3 months and I think this is short compared to the bad period of 2017-2021, even then I panicked and sold 0.45 btc at a price of $ 6200, now the bitcoin price is over $ 41k and I believe it will continue to rise, there is still a chance to earn profit by buying now.
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Xinarae*
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July 31, 2021, 08:14:45 AM |
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The right time to invest when currencies are low if you keep investing now, it is possible to make a profit if the price goes up. Any great work can be done not just by inspiration but by doing a few small things in one place so start trading in the stock market by investing a small amount of money with a small investment there is less chance of loss. No one can say which way to turn investment means putting your money into assets or things that you think will increase in value or increase tremendously in the future.
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aysg76 (OP)
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July 31, 2021, 08:56:10 AM |
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Can't blame those people, remember that not everyone knows about bitcoin or they don't have an intricate knowledge on it so it's pretty much difficult for many to buy right now because if they don't know about it, then they risk losing money. Also, not a lot of people have enough to invest right now, it's a privileged thing that we are able to invest in bitcoin.
Not blaming them for not injecting their funds into bitcoin and know it's risky assest and people afraid to loose money but what other safe and less risky source of investment are available with them.Stock market is also volatile and your whole portfolio could crash with economic loss or company closure or any other main reason and you will not be provided any refund for that.Gold is just lying in your lockers and value increased over past 10 years is negligible compared to other financial assest but yes for those who prefer risk free investment keep it with you because they are not safe even in banks. But if you say prices are high in that case people want whole one bitcoin and that's why keep on lagging behind.Why go for whole if tou can have a piece of it with your funds availability.Having a pastry instead of cake if you can't afford a full cake is better than laying hungry on your bed and spending your funds elsewhere.Just an piece of advice nothing else.
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longtimeBTCfan
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July 31, 2021, 03:15:03 PM |
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impossible to time the market ... jump in when you can stomach the volatility. (dollar cost average is best)
during any given year BTC's MAJOR upward price increases only happen on 25% of the days.
-- That means 75% of the time the price is doing a sideways or downward price action.
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