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Author Topic: Hope Vs Realty of bitcoin  (Read 1182 times)
xSkylarx
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November 03, 2022, 04:04:54 PM
 #121


Most especially when it comes to cryptocurrency the risk factor becomes high because of crypto volatility, other assets such as gold may be likely stable and less volatile than Bitcoin or other cryptocurrency but again no business is without risk as you said so for one to benefits from the volatility of the market one need to develop some skills which are more of characters to guide you through your cryptocurrency investment journey. One needs to be patient and take time to study the market to understand how it works before buying and holding either Bitcoin or any altcoin of choice.
Anything, whether it be business, trading or investing, all require great knowledge and experience. No one cannot just wake up one fine morning and become a successful trader or businessman, it all takes a lot of effort. There are times when there may just be a successful temporary deal, but over a long period of time everything will still fall into place.


Additionally to that is that if you are just only relying on luck, then it wouldn't be successful in the long run. All of the businesses and investors have very extensive knowledge before they put out money, and they run a calculation on whether it is profitable or not. People these days are already knowledgeable about what they want to invest, and they are taking risks cautiously and making sure that their business or investment would be earning them a profit unless they are just playing money around and want to rely on luck and just only imagining that it would be successful even without having proper research on it.
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November 03, 2022, 07:10:42 PM
 #122


Most especially when it comes to cryptocurrency the risk factor becomes high because of crypto volatility, other assets such as gold may be likely stable and less volatile than Bitcoin or other cryptocurrency but again no business is without risk as you said so for one to benefits from the volatility of the market one need to develop some skills which are more of characters to guide you through your cryptocurrency investment journey. One needs to be patient and take time to study the market to understand how it works before buying and holding either Bitcoin or any altcoin of choice.
Anything, whether it be business, trading or investing, all require great knowledge and experience. No one cannot just wake up one fine morning and become a successful trader or businessman, it all takes a lot of effort. There are times when there may just be a successful temporary deal, but over a long period of time everything will still fall into place.


Additionally to that is that if you are just only relying on luck, then it wouldn't be successful in the long run. All of the businesses and investors have very extensive knowledge before they put out money, and they run a calculation on whether it is profitable or not. People these days are already knowledgeable about what they want to invest, and they are taking risks cautiously and making sure that their business or investment would be earning them a profit unless they are just playing money around and want to rely on luck and just only imagining that it would be successful even without having proper research on it.
You are indeed taking a gamble if you do really have this kind of behavior on which you are just playing around and dont make some analysis towards those actions that you had made.
Yes, there are people whom are aware and just simply ignore nor bare out the risks involved specially on crypto investment.Its impossible for someone not to able to realize that there's no assurance
even if you do stick out with Bitcoin investment which it would really be just right that you should make yourself prepared for whatever things that might happen ahead.
Lets just stick on being realistic and dont hope that much which bitcoins price could able to hit up certain levels so that you wont really be able to make yourself get disappointed or minding off too much
on something which isnt even sure.

uchegod-21
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November 03, 2022, 07:29:50 PM
 #123

Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.



In life human being always shy away from the negative thing and embrace positive things even if it is very sure that the negative things must come. We all know that bitcoin is not a straight forward journey to the all-time high but we will hope it will happen so, and not make plan on the opposite of bull trend.
Even when in our individual lives we know that we will get sick and we will die someday but you don't see people making plans about sickness and death but it is something that will surely come it is the nature of human being.

R


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savetheFORUM
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November 04, 2022, 06:05:10 AM
 #124

Additionally to that is that if you are just only relying on luck, then it wouldn't be successful in the long run. All of the businesses and investors have very extensive knowledge before they put out money, and they run a calculation on whether it is profitable or not. People these days are already knowledgeable about what they want to invest, and they are taking risks cautiously and making sure that their business or investment would be earning them a profit unless they are just playing money around and want to rely on luck and just only imagining that it would be successful even without having proper research on it.
Having an extensive knowledge is a must requirement before we start here but sadly this wasn't followed at all times. So many newbies are always being scolded for rushing and all that they only got are pure losses. Cryptos are not stable so doing a calculation of how much income you will get is hard but what can they only do is estimation.

For those newbies who once failed, well they already have an idea about which coins are worth it to invest and what is not. If their goal since the start is to test their luck then it's not wrong to play with their money by betting on those non popular coins or newer coins. Sometimes old investors does that too.
EarnOnVictor
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November 04, 2022, 08:00:55 AM
 #125

Additionally to that is that if you are just only relying on luck, then it wouldn't be successful in the long run. All of the businesses and investors have very extensive knowledge before they put out money, and they run a calculation on whether it is profitable or not. People these days are already knowledgeable about what they want to invest, and they are taking risks cautiously and making sure that their business or investment would be earning them a profit unless they are just playing money around and want to rely on luck and just only imagining that it would be successful even without having proper research on it.
Having an extensive knowledge is a must requirement before we start here but sadly this wasn't followed at all times. So many newbies are always being scolded for rushing and all that they only got are pure losses. Cryptos are not stable so doing a calculation of how much income you will get is hard but what can they only do is estimation.

For those newbies who once failed, well they already have an idea about which coins are worth it to invest and what is not. If their goal since the start is to test their luck then it's not wrong to play with their money by betting on those non popular coins or newer coins. Sometimes old investors does that too.
On the contrary, those that have the knowledge or that use the knowledge rightly are few. This is what causes much of the failure in trading and other investments because they need more than preparedness, they need perseverance and the ability to overcome the adverse situation you would suddenly be exposed to.

The dreamers should wake up, trading/investment is not what they always think it is, the reality is that you will only be wise and apply the right approaches to it before success would be made.

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