what is the key to your success investing in bitcoin..

[Obari]

First of all I will advice that you get a job and since you're still very new to Bitcoin, I would also advise that you don't go full time into it and just as it might seem with any other business, it is also advisable that you get an alternate source of income to help back you up on your crypto journey.
Just as you stated about buying low and selling high, that is the only secret to being successful in crypto and most times, people get it twisted with the idea of holding bitcoin and treat it like something that is never meant to be sold.
I always tell people to buy at a certain price and when there is a profit they feel contented with, then they should feel free to sell if they want to and when the price rises to it's peak and begins falling, the need to use a stop losses shouldn't be overlooked.

[1715041773]

1715041773

[1715041773]

1715041773

[1715041773]

1715041773

[1715041773]

1715041773

[freedomgo]

everyone definitely wants to be successful in investing, especially in bitcoin. and of course it is not easy to achieve success in investing, even though it sounds easy to invest in bitcoin, for example as follows:

: buy at a low price sell at a high price.

: must hold strong, and do not sell it when the price drops.

but in reality there are so many people who sell when the price drops, even though they have to take the risk of loss.

I, who don't have much experience in bitcoin, want to ask what is the key to your successful investment in bitcoin?
and I want to ask if you have ever experienced investment losses in bitcoin?

I hope my post is useful for me and all in this forum.

You will only be successful investing in bitcoin if you have the experiences needed to make a successful investor. Because if you are still a beginner in investing, perhaps you will still experience more losses than significant gains, but that is a part of molding your experiences that will be helpful in the long run. And successful investing comes with patience and a high sense of determination. If you are just here for money and would always want quick profits, you will never be successful with bitcoin.

[MinoRaiola]

First of all, you should trust the system and know what you are doing. There are many scams and many have lost coins, so security is important. I think that is the basis to invest in bitcoin and altcoins. While investing you should be active to help other people understand bitcoin. If you follow old posts here from the forum, then often hodln is the easiest way and I think it's good too. Buy some coins and don't panic, more fiat… no thanks.

[panganib999]

The key to success in investing with bitcoins, or investing in anything really, is not playing with money you don't own yet. Say for example, bitcoin is in a good trend, and you find yourself already thinking of ways to spend or invest the money. That is fine, but if it comes to a point that you are already depending on the existence of such cashflow despite it not even materializing yet, then that's gonna cause problems for you. You have to make do of what you have right now, or find means to increase your capabilities, but never ever play with money that is yet to come, especially with investing, because things may go south at a moment's glance and you wouldn't be able to do anything to prevent it.

[uneng]

Get a job, at the very least, or add another source of income. If you don't have extra cash to risk on a highly volatile asset, you can't just buy bitcoin. In addition, exercise discipline in all financial decisions, just as you would in any other area of the market for investments. And more importantly, improve your security and privacy to protect your hard earned money.

That is how you stay in the long run.

You can't just rely on bitcoin alone because its a highly volatile investment, so have your own main source of income and make bitcoin as a side hustle. That way, even if bitcoin drops its price most of the time, you will not be bothered and triggered to sell. So you can hold it for long term and make significant profits in time.

People who can't hold for long periods of time must be really in a hurry for money, so they have no alternative besides selling their Bitcoins at loss. But if they really need the money, we can't blame them for doing this, because it can be worse if they keep the holdings, but neglect a financial demand they face, especially if it's something related to their health and safety.

Patience is the key for success in Bitcoin investment, although without spare money, solely patience won't open any doors...

[romero121]

First of all, you should trust the system and know what you are doing. There are many scams and many have lost coins, so security is important. I think that is the basis to invest in bitcoin and altcoins. While investing you should be active to help other people understand bitcoin. If you follow old posts here from the forum, then often hodln is the easiest way and I think it's good too. Buy some coins and don't panic, more fiat… no thanks.

When you're investing/buying from specific platform it is a must to verify whether you're into the right place. These days people are well targeted and funds were easily taken control by group of users. Getting caught into such kind of traps easily make the person have a negative thought over the market. In reality the market needs to be well analysed. Simple mistakes might keep people away from lifelong usage of cryptocurrencies.

[Newlifebtc]

First of all I will advice that you get a job and since you're still very new to Bitcoin, I would also advise that you don't go full time into it and just as it might seem with any other business, it is also advisable that you get an alternate source of income to help back you up on your crypto journey.
Just as you stated about buying low and selling high, that is the only secret to being successful in crypto and most times, people get it twisted with the idea of holding bitcoin and treat it like something that is never meant to be sold.
I always tell people to buy at a certain price and when there is a profit they feel contented with, then they should feel free to sell if they want to and when the price rises to it's peak and begins falling, the need to use a stop losses shouldn't be overlooked.

Actually whoever that is into Bitcoin must still have another job that will suspend him or her because if you don't have any other girl that will sustain you at least you will end up in waiting for profit in Bitcoin it is advisable and encouraging from my own understanding to buy Bitcoin and also have a job that will sustain you in time coming or in future

[serjent05]

It was said that the key to our success in investing in Bitcoin is to have knowledge about Bitcoin.  We should know and understand the technology behind Bitcoin.  We must do our own research and just don't rely on hearsay. Bitcoin is a marathon so we should have a long-term perspective.  We must know when to buy, when to sell and when to accumulate.  We should always be prepared for any volatility of Bitcoin in order for us not to panic sell and be calm when crashes happen.  We should always keep ourselves updated about Bitcoin and its regulation since regulation may change from time to time and ignorance about it may incur losses to our Bitcoin portfolio.

[Sanitough]

everyone definitely wants to be successful in investing, especially in bitcoin. and of course it is not easy to achieve success in investing, even though it sounds easy to invest in bitcoin, for example as follows:

: buy at a low price sell at a high price.

: must hold strong, and do not sell it when the price drops.

but in reality there are so many people who sell when the price drops, even though they have to take the risk of loss.

I, who don't have much experience in bitcoin, want to ask what is the key to your successful investment in bitcoin?
and I want to ask if you have ever experienced investment losses in bitcoin?

I hope my post is useful for me and all in this forum.

Personally, the only key to be successful in any investment is faith. Because if you don’t have that, you will never take big risks and will always have fears from losing, most especially if you are in a highly volatile investment. And with faith comes focus and resilience. Since you want to withstand all the difficulties that the investment could bring, that makes you become patient in the process while waiting for your investment to boom and succeed.

[CryptounityCUT]

Because crypto market is young and earlier investors pop in early enough so the market made them successful. But in reality half of this guys doesn't know enough about awareness about BTC. Nobody knows in front what the dip will be, but you can apply some strategies which can make you a better spot on the floor. Currently is about 4% in crypto and half of them don't even know what is happening, so my thought is why don't we focus on education and start from the bottom.

[Rana590]

Firstly, proper knowledge about Bitcoin and crypto market is needed to invest. Secondly, market analysis, buying zone should be implemented in right time. Thirdly, patience is an important factor after investing on Bitcoin. Buy low, sell high is still popular and anyone can implement this strategy but holding can bear good amount of profit.

[Ziskinberg]

Firstly, proper knowledge about Bitcoin and crypto market is needed to invest. Secondly, market analysis, buying zone should be implemented in right time. Thirdly, patience is an important factor after investing on Bitcoin. Buy low, sell high is still popular and anyone can implement this strategy but holding can bear good amount of profit.

You have said it right, mate. But there is one thing in common with why many investors fail to gain success and that is the third one - impatience. This thing could trigger a lot of changes even though you are good at 1st and 2nd, all of these things will change direction as it will badly affect the mindset and decision-making. This is the thing I've found when I recall what I did before, in fact, even now sometime I become impatient. There is no other thing that we need to practice more and become a habit and this is how to become strong and patient.

[mvdheuvel1983]

One of the keys to successfully investing and staying in bitcoin is to not be greedy and know when to take profit. You do not want to hold forever. Knowing when to take profit is a success trait of every bitcoiner.
Always take advantage of the dips. It is an opportunity to purchase more bitcoins. It is a key to success. Follow your gut, intuition, after the dart board and technical analysis has been done and never regret it.

[Dickiy]

Everyone has their own strategy for investing in bitcoin to maximize their profits, Hodl is the key, but sometimes we have to wait a long time, especially if we jump at a high price, but the fear when the market is falling always creates panic and we are forced to sell bitcoin. at a low price.
What might be the key for me is not to panic in any situation because my target is halving, maybe if it wasn't for that I would panic in the market especially if the halving belief was lost within myself.
Confidence is the main key for long-term holders, so far it is the best key I think.

[Anonylz]

I can only see one sure key to a successful btc investment...
Buy at a bear market, sell at a bull run, and don't be a fool to want to claim to have a diamond hand when you have the opportunity to sell and repeat the process over and over again.
There is no other strategy that works better than this one.  

[$crypto$]

I can only see one sure key to a successful btc investment...
Buy at a bear market, sell at a bull run, and don't be a fool to want to claim to have a diamond hand when you have the opportunity to sell and repeat the process over and over again.
There is no other strategy that works better than this one.  

Opportunity will come much longer in bitcoin so before flying the price must have bought when it was bearish and this is a good time to start the process while waiting for another bullrun to come.
But everyone has a different plan, but the simpler one is being bearish, we enter when the bullrun arrives, take profits.
But with diamond hands they will be motivated to hold on long term.

[Smartvirus]

Buy at a bear market, sell at a bull run,

It really all goes down to this but the ways to functioning on that principle is distinct per individual because, even as simple as it looks, its never an easy thing to do.

With Botcpon yet to serve a completely currency purpose, having liquidity issues, lack of merchants willing to accept it for a means of payment and the issue with global adoption, using it for an asset has been the way and to do this, one needs to develop certain qualities to ensure your not selling when you shouldn't. Even if you should want to sell, it's got to be the only option out of a situation.

Patience is such a good quality to develop at that point but, its surely that doesn't come out cheap and you've got to at least have other streams of income to keep you going. While keeping tabs on price which is a horrible idea, you ensure to buy no matter the market condition and focus your expenses on other streams of income to keep you off your crypto portfolio.

[Davidvictorson]

I, who don't have much experience in bitcoin, want to ask what is the key to your successful investment in bitcoin?
and I want to ask if you have ever experienced investment losses in bitcoin?

This is an unpopular opinion but my key a successful investment in bitcoin is that I ask a lot of questions. I have friends who are more knowledgeable than me in bitcoin and cryptocurrency. So when I encounter an issue, I run to them and I bug them with questions. I also try to read a lot on my own too, it helps me not to sound silly when asking questions. This is what has helped me to be successful because I have learned from their mistakes and I avoid making it.

[Lanatsa]

I, who don't have much experience in bitcoin, want to ask what is the key to your successful investment in bitcoin?
and I want to ask if you have ever experienced investment losses in bitcoin?

This is an unpopular opinion but my key a successful investment in bitcoin is that I ask a lot of questions. I have friends who are more knowledgeable than me in bitcoin and cryptocurrency. So when I encounter an issue, I run to them and I bug them with questions. I also try to read a lot on my own too, it helps me not to sound silly when asking questions. This is what has helped me to be successful because I have learned from their mistakes and I avoid making it.

Its not bad to ask into our friends but only into those things which you cant really be able to search online specially on some personal real time experience on investing with BItcoin or with other crypto.

There are people who are really that not too confident on doing so or they do tell to themselves that they would only learn for themselves or simply having that self learn behavior which it isnt bad either.
But its not bad to look up for some help into those someone who do have been here on this market for years which we cant deny that they do have really that experience and awareness
which you could really ask on and would add up into your own personal knowledge too.

[Ayebabara]

Bitcoin is a recent and newly invented by Satoshi in 2008 and Launched in 2009, and before the invention of bitcoin people were becoming successful in  businesses through different kind business both investment and real estate. You OP saying that bitcoin investment will be the key to one success is very wrong. I won't agree with you for that because success is not tired to one particular business or investment. As it is in the world many people are getting money every day and night form other things they do. The way I understand bitcoin, it is a digital currency for the exchange of goods and services and it is also a digital asset. The only difference is that it's value is higher than other currencies in the globe.