is bitcoin a good chance for the future

[Rx009]

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

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[KiaKia]

You can't loss money investing in bitcoin and you come at the right time since we are still in a bear market right now, the worst that could happen is if you get tired of holding and sell at a loss, if you invest the money you won't be needing any time soon you will reap good profits.

This can take a long time that's why using money you don't need is important, to see a new all time high again with bitcoin you may have to keep holding till 2025, are you ready for this?

There are reasons why people trust Bitcoin that's why I will like to advice you to start doing your own research, you need to understand why Bitcoin is valuable and also how to protect your fund, for beginners I recommend Electrum wallet or a hardware wallet, and do not share your seed or private key with anyone, it is meant to care for like how you treat your ATM card pin code. Do not share with anyone.

You can read more about bitcoin here ASAP

https://www.investopedia.com/terms/b/bitcoin.asp

[Wiwo]

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.?

Bitcoin have a good track records since it creation over a decade ago, and that can be seen and studied from bitcoin chat movements since 2010 when the coin gain tractions. so to this point i can clearly say, Bitcoin have a great potential for the future but then you will also have to make clear what bitcoins future potential you looking out for.
 Because we tend to have individuals expectations to some people there will love to see bitcoin reaching some certain hight in the future in areas such as.
1: Bitcoin price in the future.
2: the rate of bitcoin adoption globally.
3: ease of accessibility for newbies and beginners.
4: Bitcoin utility increase via decentralized payment systems
All this are the common bitcoin individual expectations, and all this are build on individual understanding of bitcoin and what it stand for and how long it will take for Bitcoin to realize this potential and the time frame we are ready to wait for that to happen.

and I want to know why people experience losses investing in bitcoin.

You don't lose when you invest in bitcoin, you only lose when you exchange your bitcoin to dollars below your entry dollar value.
So ultimately no one loses in Bitcoin when you hold your bitcoins, its value remains the same if not calculated based on DCA but in bits, so you only lose your investment when you exchange bitcoin below your bought price as an investor.
My advice to you as a newbie
1: Build a good knowledge of bitcoin and how its DCA price movement has acted over the years so that your knowledge will aid you during any crisis in Bitcoin price which will range from different factors that cant be controlled by individuals, factors like the inflation rate in the economy and other events that could cause a short term price behaviour in whatever direction.
2: don't see bitcoin as a get-rich-quick scheme, it doesn't happen that way and those that see Bitcoin as a get-rich-quick scheme always end up in disappointed when bitcoin do not reach its imaginary price.
3: bitcoin shouldn't be taken as a short-term investment, you are ready to invest in bitcoin, then you must be willing to wait for as long as possible that is why bitcoin is for holders and not for weak hands as an asset.

[Smack That Ace]

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

When you invest, you can't just expect profits without losses, bitcoin like other investment assets can make a profit as well as cause a loss. I have never seen a speculative asset without risk, bitcoin is an asset, a tool for speculation, and it is up to you to decide whether you lose or gain.
As a newbie, you should prioritize and focus on knowledge, when you have knowledge about bitcoin, all your questions will be answered. You want to invest but should not invest without knowing anything about it, IMO.

[PrivacyG]

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future?

I do not know.  Does it have potential?  It seems like it is dying yet again, does it not?  Of course we are not here for something that is dead.  We like things that are alive and do well.

and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

Irresponsibility.  Greed.  Stupidity.  There are many reasons.  If you worry about losing the Bitcoin you are about to invest, you are doing it wrong.

-
Regards,
PrivacyG

[Rx009]

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

When you invest, you can't just expect profits without losses, bitcoin like other investment assets can make a profit as well as cause a loss. I have never seen a speculative asset without risk, bitcoin is an asset, a tool for speculation, and it is up to you to decide whether you lose or gain.
As a newbie, you should prioritize and focus on knowledge, when you have knowledge about bitcoin, all your questions will be answered. You want to invest but should not invest without knowing anything about it, IMO.

yes, now I understand, yes' indeed, if you think about it, everything also carries risks,
thank you for the advice, it means I will continue to study before investing.

[Solokan]

actually no one will know the price of bitcoin for the future, and most people only predict that the price of bitcoin in the future will be high.
but in investing in bitcoin the most important thing is knowledge first... or it could be to invest in the beginning you have to have a small capital first, so the point is learning while investing with small capital.
that way we will feel how investing in bitcoin but the risk is not too big.

[Dunamisx]

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

First of all you need to learn about bitcoin and it's historical findings and i will suggest you with this link  https://bitcointalk.org/index.php?topic=5224282.0 and bitcoin price correction since 2010 https://bitcointalk.org/index.php?topic=5245564.0 you have to understand that learning about bitcoin is what you need to always create time for on your own in learning about it, understand that the reason why bitcoin is volatile and what it means in determining the price, when you have the knowledge you wouldn't loss your investment and you also need to understand the timing to buying, selling and holding bitcoin, no one can guarantee you profit with your investment but know that bitcoin is a profitable investment only if you understand how this can be done especially when you hodl with time, buy the dip, use a DCA buying pattern and get a personal decentralized wallet to have your coins.

[Despairo]

If you don't know about Bitcoin, the reason you should trust Bitcoin and you worried you will lose after you invest in Bitcoin, it's better if you learn about Bitcoin and only invest after your fully understand about Bitcoin first. Because it's nothing new when a random person invest in Bitcoin, but after a month the price doesn't increase, they will call Bitcoin is scam and they will take loss in order to prevent huge losses in the future.

It's true you might suffer huge losses in the future, but it's not entirely correct since Bitcoin price mostly increase after holding for at least next 4 years.

[Ryker1]

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

Good question and I like a newbie like this asking a basic but very important question.
I highly recommend you to read this website ^{[ https://bitcoin.org/en/ ]} everything you will ask was there, from knowing bitcoin itself --to a bitcoin wallet for storing your bitcoin and how you will buy bitcoin in the safest way.
There are no losses as long as you hold your bitcoin and never sell at a low price, for example --you have bought bitcoin at the price of $22k and if you have to sell, it should be above that price.

[un_rank]

I don't know much about bitcoin, and I also want to invest in bitcoin,

You need to know about bitcoin before you can invest in bitcoin.
Listening to what others say about how their investment went could mislead you and give a wrong impression of bitcoin and how it works.

but I want to ask whether bitcoin has good potential for the future?

It is one of the most promising investments and has lot of potential for the future particularly in the financial sector.

and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

You only lose in bitcoin when you sell and people lose cause they sell too early or panic sell when the price drops.
People can also experience losses from not taking security precautions and do not store on third party wallets.

- Jay -

[masulum]

-snip-
and I want to know why people experience losses investing in bitcoin?

I'm more interested in commenting on this. Why can I experience loss investing in bitcoin?
In fact, if we look back, we can see the ups and downs of BTC price. Well, this is from my perspective:
1. They experience a loss, when they decide to buy when the price goes up, and sell it when it goes down because panic sell.
2. they are trapped by fomo and do not understand/have no knowledge of technical analysis.
3. Not decided to hold when going down. Meanwhile, the average Hodl never loses. For example, if he bought when BTC price was $18K a few months ago, and kept it even though BTC price dropped to $15K, today he already in profit.
4. Become a victim of a scam

These are some of the most common causes of loss. of course there are many things that make bitcoin investors loss. Which I did not mention here.

[ThemePen]

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

If you want to invest and want to get profit so I will say that you should have patience and you have the ability of holding. If you don't have this so the Bitcoin is not for you.
Because Bitcoin want your trust if you will trust on it and you will hold it so definitely you will get profit from it.
And if you don't have much money so I will suggest that you should make a strategy.
Let me tell you what I do ?
I have planned that I will invest $100/week in Bitcoin. You can do it according to your mind or according to you earning.

[puloweh555]

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future?

If you don't know much about bitcoin you have to learn it first, without knowledge I think you will still lose even though bitcoin has strong fundamentals. Because you won't know when the right time is to buy and sell bitcoin. Investing Bitcoin you must at least be mentally prepared and because your finances can (collapse) at any time.

Basically, we want to invest anywhere, as long as we understand the knowledge and are always looking for information about the investments we participate in, including Bitcoin. Everything about the investment world, of course, has good and bad things.

[ScamViruS]

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

To know the future potential of Bitcoin you need to learn about Bitcoin. Because you are new to Bitcoin, you are afraid of losing money. I think it is important to know about Bitcoin when it comes to investing in Bitcoin. This forum can help you a lot to know about bitcoin, because this forum is the biggest medium to know about bitcoin. All the questions that are coming to your mind will be cleared if you spend time in this forum to learn about Bitcoin.

[sujonali1819]

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

If you want to know the most potential coin in the crypto world, then it's Bitcoin. That means if you are looking for the most potential coin and want to invest in it, You can select BTC. But always try to buy it from a dip.

Btw if you don't have much knowledge about crypto or a coin where you want to invest, I will suggest you learn first about these projects. If you don't have the knowledge you can not control yourself in a bad situation. This can cause a huge loss.

[bbigtart]

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

My advice before investing is that you must first understand the risks involved in investing in cryptocurrency. So that it's not like other people experiencing losses like you tell me. You should find out as much information as possible before investing.
Things to remember when investing are:
1. The definition of investment is to save some money in the present with the hope of getting a profit in the future
2. Investment must use leftover money (not operating money)
3. Don't put your eggs in one basket, don't put your eggs in one bag, because if one breaks, all of them will break. Create portfolios in various places.

[cryptoaddictchie]

but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

Yes the future of bitcoin in finance are great and it has been doing good for the last few years. Of course in terms of adoption to world use it is. Some might dubbed it scam as its price is quite volatile its just show that many have been trading bitcoin eversince some have left and some enter the space. With a limited stock of 21 million forever, I doubt this will not be seen and noticed by majority. Sooner or later they will realize its tech power and the ability to be use decentrally is its most powerful feature.

[mk4]

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future?

Go do your own research, then go decide for yourself.

* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

1. Trading (not investing)
2. Overleveraging when trading
3. Buying shitcoins and not knowing when to get out

[Razmirraz]

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

It is very difficult to predict profit or loss when you are dealing with Bitcoin because the price is very difficult to predict. The price of Bitcoin can increase by 10% to 50% per day, but the risk of decreasing its value is also unlimited. Due to this reason at certain times people can experience losses in investing in Bitcoin.