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

[Solokan]

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.

[Aanuoluwatofunmi]

Here are my own success tips while investing in bitcoin

1. Buy the dip and hodl
2. Use a decentralized wallet or get a hardware wallet
3. Adopt the use of DCA (Dollar Cost Averaging) strategy in acquiring your bitcoin
4. Study the chart daily and make a night watch on the candles
5. Make sure you learn everything about bitcoin and be independently satisfied with what you have, know when to sell from when to hold.

As long as you didn't depend on anyone to make your decision, but instead you take time to make discoveries on yourself then bitcoin still put you on a best opportunity plan against the future with your investments.

[Maus0728]

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.

[Fara Chan]

The experience of storing assets in Bitcoin and investing that I have experienced may have been experienced by many other Bitcoin users (Inevstor), as you have mentioned:

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

this contains the right tricks and strategies to achieve maximum profit in investing, but apart from these tricks, of course, we have to check the charts on the market, and a little extra, you have to master as much as possible about investing, especially in Bitcoin, you will get a lot of material when examine about this Bitcoin, then you can make decisions with risks that you already know later.

Bad job done by many people selling it when the market is down and this is a habit that is not recommended, I don't know why they can do it, but this comes back to their own personality and decisions.

[SquirrelJulietGarden]

Figuring out your ways to hold your bitcoins. If you buy it but can not hold it long enough, you will exit your investment with nothing and maybe with losses.

Bitcoin halvings happen every four years and many things can happen each four years. If you are not able to hold your bitcoins about four years, risk to have loss would be higher.

To hold bitcoins, you must not use all money you have to invest in it. Because when you need money, you will have to sell your bitcoins. Have another source of money, income or savings for emergency can help you holding your bitcoin better.

Holding it better and longer is key for you to have success with your bitcoin investment.

[Solokan]

thank you all friends ... who have answered my post, and the explanations from all of you are very great, and easy to understand.

I hope all of our investments get big profits.

[Lucius]

~snip~
I, who don't have much experience in bitcoin, want to ask what is the key to your successful investment in bitcoin?

In my opinion, perhaps the most important thing is not to look at Bitcoin exclusively as an investment that only brings you profit, but to understand what Bitcoin actually represents. Financial freedom and the possibility to be your own bank, and to make transactions 24 hours a day, 365 days a year with anyone anywhere in the world without having to ask for someone's approval is the real value that Bitcoin has.

There are few people who appreciate Bitcoin for what it is, and most of them are interested in the possibility of providing them with profit, but this is a reality that needs to be accepted. For all those who think like this, there is no simpler method than to buy in a bear market and then start selling when the bull market is at its peak or when they are satisfied with the profit that the current price brings them.

[mk4]

Simply slowly but surely put money in, regardless if price is going down or up. Take note that it's an "investment", there's a chance that you'd be down in terms of paper profits in months to a few years. The goal is to be in the positive after a couple of years.

https://dcabtc.com/

[ultrloa]

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.

Consistency and strong belief on this coin, since without this you will not get any far because your expectation might not get achieved because learning bitcoin or crypto is a long process.

To many challenges always threaten us so instead of getting discourage about the negative effect of the market brought by dump we must think about in positive like thinking that this is the time to take our opportunity to dive in since we can buy and earn when price of those coins recover.

[traderethereum]

The key to successful bitcoin investing is being able to hold bitcoin until the price goes up very high then, you can sell it to take your profit.
But you can also sell just as much depending on your needs and save the rest for another higher price.
If the price drops really low, you can buy it with your profit money to increase your bitcoin amount again.
However, it is not easy to hold bitcoins for long and most people will not be able to afford it.

[Crypto_H]

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.

I don't think there's a secret out there, but the most important thing (for me) is to diversify your investments.

Why? Because when you diversify your portfolio, you spread your investments across different asset classes, sectors, and geographic regions. This means that if one investment performs poorly, the impact on your overall portfolio is minimized, because the losses from that one investment are offset by gains in other investments.

And last but not least, always invest money you are willing to lose! In summary, investing always carries some level of risk, and it's important to be prepared for the possibility of losing some or all of your investment, but it doesn't mean to invest all of your money without a plan or research.

[klidex]

The key to success in investing in Bitcoin, in my opinion, is yourself and not relying on other people.
Confidence is a feeling of trust that must be owned by an investor because with confidence, things that happen to the market, for example when prices decrease or there is FUD circulating, an investor will not panic and sell the Bitcoin investment assets that he has.
Using money that is really cold so it's not easy to sell Bitcoin that is invested just because you need the money unless it's really an urgent situation and you have to use the money.
Storing Bitcoin in a wallet that is truly secure so that network hacks on wallets are avoided and there are many more keys to success in investing that I cannot mention in detail.

[Obari]

One major secret above every other secret of my little journey over here is never selling my coin below my bought price and what it means is that no matter the pressure or what the economics says, I wouldn't sell less than the price I bought the Coin.
There are rules and possible techniques one has to follow to be able to be successful in investment  and especially in Bitcoin and one of that is,
~The ability to buy and HODL
~The ability to not sell while HODLing
~The ability to identify the right project for investment.
With this key factors, I think one could have a great journey to success in crypto.

[Solokan]

The key to success in investing in Bitcoin, in my opinion, is yourself and not relying on other people.
Confidence is a feeling of trust that must be owned by an investor because with confidence, things that happen to the market, for example when prices decrease or there is FUD circulating, an investor will not panic and sell the Bitcoin investment assets that he has.
Using money that is really cold so it's not easy to sell Bitcoin that is invested just because you need the money unless it's really an urgent situation and you have to use the money.
Storing Bitcoin in a wallet that is truly secure so that network hacks on wallets are avoided and there are many more keys to success in investing that I cannot mention in detail.

yes,,, I agree, with capital believing in yourself, that is a good step and a very solid foundation that every investor must have. to get to success.

[Hypnosis00]

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

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

All of these things are just fundamentals of how investors work but to become successful must accompany these things;
- Capital
- patience
- faith/trust
- positive mindset
- goal

It was not impossible to go far even beyond your expectation if you will carry all of these things and be consistent in doing this. Many people have tried but also many had failed because of being irresponsible. An absence of any of those things really has a huge impact on what we expected and could possibly lead to losses.

[glendall]

the key to success in investing in bitcoin is to hold it up to the target price that was made at the start of the investment.
but sometimes in practice when I get 10% profit I've released it, it's true  difficult to commit in terms of holding coins for longer

[Periodik]

The key is to stick to Bitcoin no matter what. Bitcoin won't fail us in the end. We only have to remain solid and loyal to what Bitcoin means. We hodl. We keep our Bitcoins where we control the private keys. We never be greedy and risk them in centralized platforms. We stack sats.

It is only when we panic sell, save them in centralized exchanges, and invest them in risky deals that we fail with Bitcoin.

[Blawpaw]

The key success for someone investing on Bitcoin is to buy it at low prices. Now is a good time to buy. Now the part where you are successful is to hodl it and only sell it at the highs of the next bull market.

[Razmirraz]

I, who don't have much experience in bitcoin, want to ask what is the key to your successful investment in bitcoin?

In investing there are only two possibilities, profit and loss. Success in investing in Bitcoin depends on how you do it. In addition to needing capital, you need to prepare mentally to face the worst that might happen.
You can collect Bitcoin in stages, don't forget to do a Bitcoin price chart analysis when you want to buy. Chart analysis can give you an overview when you want to buy. If you see the chart has broken above the downtrend and the lows are starting to climb higher, it is a sign that the bear market is showing signs of ending. In this condition the market will turn into a bull market which is likely to occur, your mentally will be tested here, whether you want to enter or not.

[GigaBit]

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.

Buying Bitcoin is very easy but holding it long term is very difficult. Sometimes we can't keep it due to financial constraints even if we want. First of all an investor must have a stable income of his/her own to fund. Bitcoin's current price is now about 74 percent lower than before. I think this is the best time for buying bitcoin. The most important thing is to buy bitcoins at low prices and hold it patiently until the right time. Since investors are aware of the potential of Bitcoin, success is guaranteed by investing in Bitcoin at this time without any hesitation. But here only those who can hold the patience will get success.