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Author Topic: is bitcoin a good chance for the future  (Read 1211 times)
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April 06, 2024, 11:51:38 PM
 #81

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?
You gain experience about Bitcoin before I hope after gaining experience you will know for yourself if Bitcoin has good potential for future. I tell you that Bitcoin has a very beautiful golden future and people who have a mild experience with Bitcoin are also investing by seeing the position of Bitcoin. Bitcoin has become so successful in just over a century since it was once so cheap. If you think about it, you will notice how the price of Bitcoin has improved over the past few years. Currently Bitcoin reaches all time highs and we can see more new ATH in the bull market after the halving. One of the reasons most people lose their bitcoins is because they can't secure their invested wallets.

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April 07, 2024, 01:15:55 AM
 #82

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.

He could say that, because since bitcoin was launched, it has continued to move and increase significantly, which means it has opened up job opportunities for the community, and in investment, no one has ever heard of anyone experiencing losses, everyone has made a profit, there are other indicators that bitcoin will be a big opportunity, namely the world will use legal means of payment in the future, if it currently exists, but not in all countries. Hopefully this will be a very profitable opportunity.

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April 07, 2024, 05:41:36 AM
 #83

In theory, bitcoin is against inflation so when the fiat is losing their value the bitcoin is increase its value just like gold so I would say bitcoin is like digital gold but with double-digit APY so yeah bitcoin is a good for the future.

after halving bitcoin keep created new All time high and it always do like that for couple of halving. yes you can invest bitcoin by just holding it people lose in bitcoin maybe because people trade it with other thing or play futures or yes buy the bitcoin at the peak level.

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April 07, 2024, 06:40:11 AM
 #84

To my best of understanding the only lost one could encounter while investing on bitcoin is a inappropriate and unsecure wallets where investors stores their assets and the misplacements of your seed phrases.
Hence you can purchase your bitcoin with the exercise of patient in matter of time probably a long term and understanding the markets volatilities of when to sell to pull out your funds if you're a short term Investor and when to accumulate more with the DCA method then you're just good to go and have your assets secured While excelling on your bitcoin journey.

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April 07, 2024, 08:13:44 AM
 #85

The number of people who have suffered losses by investing in bitcoins is very small.  But we cannot deny that there have been many because they invested the wrong time and did not hold it.  Investing in Bitcoin should be long-term and wait for the bull run.  There are many people who invest Bitcoin and withdraw it before the wrong run and withdrawing before the profit does not give them the profit they expected and they are disappointed.  And before investing in each coin one should have enough knowledge about it and then invest.


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April 07, 2024, 09:21:34 AM
 #86

The number of people who have suffered losses by investing in bitcoins is very small.  But we cannot deny that there have been many because they invested the wrong time and did not hold it.  Investing in Bitcoin should be long-term and wait for the bull run.  There are many people who invest Bitcoin and withdraw it before the wrong run and withdrawing before the profit does not give them the profit they expected and they are disappointed.  And before investing in each coin one should have enough knowledge about it and then invest.

Bitcoin's been compared to a rollercoaster ride for good reason.  For sure, some savvy investors have made bank, but don't kid yourself - plenty of people have lost their shirts too.  It's a zero sum game, after all.  For every winner theres gotta be a loser holding the bag.  I don't wanna rain on any parades but let's keep it real.  Bitcoin can definitely pay off big time, but it can also burn ya if you aren't careful.

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April 07, 2024, 10:12:37 AM
 #87

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?
s.

As you can see, nobody can accurately predict the future, but some predictions may come true with careful examination and research. In conclusion, it is predicted that bitcoin has a bright future for investment plans, which has been confirmed by numerous experienced bitcoin users. You can invest, but I will advise against investing all of life savings.
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April 07, 2024, 10:25:56 AM
 #88

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?
s.

As you can see, nobody can accurately predict the future, but some predictions may come true with careful examination and research. In conclusion, it is predicted that bitcoin has a bright future for investment plans, which has been confirmed by numerous experienced bitcoin users. You can invest, but I will advise against investing all of life savings.

Well, Rx009 is asking about the future of Bitcoin in a forum dedicated to Bitcoin, so he/she should expect a positive answer Cheesy

OP, carry out a proper risk assessment and make your own decisions, nobody has a crystal ball here and, even if we all share the same hope about the future, we can't be sure what will happen tomorrow.

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April 07, 2024, 06:04:29 PM
 #89

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?
There are couple of things you have to know of when it comes to investment in Bitcoin,  There are Bitcoin traders, basically people that trade Bitcoin on daily basis to catch the up and down movement in the market, whereas in other side we have Bitcoin investors, basically people that invest in bitcoin , that is, people buys and hodl Bitcoin and wait for the price to rise to make profit, also here we have category of investors ,the short term, mid term and long-term investors, So what you do with Bitcoin would determine your profit and lost. The profitable people are the long-term Holders.

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April 07, 2024, 08:39:24 PM
 #90

The number of people who have suffered losses by investing in bitcoins is very small.  But we cannot deny that there have been many because they invested the wrong time and did not hold it.  Investing in Bitcoin should be long-term and wait for the bull run.  There are many people who invest Bitcoin and withdraw it before the wrong run and withdrawing before the profit does not give them the profit they expected and they are disappointed.  And before investing in each coin one should have enough knowledge about it and then invest.

Bitcoin's been compared to a rollercoaster ride for good reason.  For sure, some savvy investors have made bank, but don't kid yourself - plenty of people have lost their shirts too.  It's a zero sum game, after all.  For every winner theres gotta be a loser holding the bag.  I don't wanna rain on any parades but let's keep it real.  Bitcoin can definitely pay off big time, but it can also burn ya if you aren't careful.

One need to be wise while chasing the bag. The bag can be very cruel and we lost everything, we don't have to be relaxed as crypto investors because the worse thing can happen and we might lose from the market holding thinking the market will keep surging high when it is obvious that everybody can not be a winner at the same time. We need to be wise and take decisions responsibly so that we don't lose money from the market while holding. Just like the previous bull market, at the end of the bull there are many people that lost money and that is why we don't need to be over too relaxed, we need to keep checking the news for information.

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April 07, 2024, 09:46:18 PM
 #91

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?
what I want to advise you is that you have to make a necessary inquiring or research of Bitcoin before invest in Bitcoin because so many other persons have come to invest in Bitcoin and go with the negative information based on it fails to understand the procedures of Bitcoin before it venture into bitcoin investment, the most important thing to do in cryptocurrency investment is to understand the concept and then when you have understand the concept of Bitcoin you can be able to make a profit during the time of the investment.

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April 07, 2024, 10:59:19 PM
 #92

what I want to advise you is that you have to make a necessary inquiring or research of Bitcoin before invest in Bitcoin because so many other persons have come to invest in Bitcoin and go with the negative information based on it fails to understand the procedures of Bitcoin before it venture into bitcoin investment, the most important thing to do in cryptocurrency investment is to understand the concept and then when you have understand the concept of Bitcoin you can be able to make a profit during the time of the investment.
   Bitcoin, BTC is the start of a revolution. It is a digital currency that has an absolute limited supply, truly decentralized control, and a huge following that is worldwide and growing. As well as being the MOST secure computer network ever. BTC has never been hacked. To fully understand the revolution, we need a bit of review on basic economics. The most basic truth in economics is the law of supply and demand. the price of a cell phone was expensive at first because there was demand and a limited supply. The longer cell phones were around the more of them became available - increase in supply - and thus the price came down. Fiat money like the Euro, the US dollar the GB pound, are similar.
  The more units of fiat become available the less each individual unit is valued. Technically this is called monetary inflation. Bitcoin cannot be created on a whim like pounds, dollars and euro’s or cell phones. It has a truly limited supply. There will NEVER be any more than 21 million bitcoins. The new supply of bitcoin that is being created gets cut in half every 4 years thus the supply dwindles down over time. All this is set by the original computer program of Bitcoin. It will not be changed because to change any of it you would have to get 51% of all the participants in the mining of BTC to agree to the change. Since this is truly decentralized by literally millions of computers all around the world that mine BTC no change will occur in the original code. As long as demand for BTC remains constant or goes up the dwindling supply will cause the price of BTC to rise over time.
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April 08, 2024, 03:46:55 AM
 #93

As the community continues to grow, large institutions continue to believe that the future of Bitcoin looks very good. Many countries have begun to include Bitcoin as an investment instrument and take state income through taxes. So far it's pretty sure, Bitcoin has a pretty good looking future. The crypto industry continues to grow rapidly supporting technological developments based on Blockchain technology. With Deman's theory of supply, there should be no hesitation in owning Bitcoin. Although there is little worry, this industry can also be euthanized if many countries do like China.

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Zanab247
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April 10, 2024, 02:20:20 PM
 #94

Quote from: |MINER|
The number of people who have suffered losses by investing in bitcoins is very small.  But we cannot deny that there have been many because they invested the wrong time and did not hold it.  Investing in Bitcoin should be long-term and wait for the bull run.  There are many people who invest Bitcoin and withdraw it before the wrong run and withdrawing before the profit does not give them the profit they expected and they are disappointed.  And before investing in each coin one should have enough knowledge about it and then invest.
Those that feel they know it all, when they don't have the knowledge of BTC are those that always experience losses from BTC investment,  and if you don't want to experience such thing from your investment, seek for the knowledge of BTC first before investing your money and you will enjoy favour through out your investment.

You can see the price of BTC is high in the market, and there are some newbies who don't know the right time to buy BTC,  but they will go ahead to invest their money hoping that they have buy in the right time and it can make them to loss when they are waiting for a higher price to come and they end up selling below the price they bought.

 Not all information you will believe in the community before you can take the right action to the market to carry out research to know what is happening to the market, if there is a bull market or bear run to know what to do.

AYOBA
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April 10, 2024, 03:33:56 PM
 #95

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?
Bitcoin is not that difficult to understand. It is very simple to comprehend; taking your time and doing much research it will teach you how to avoid losing, and one thing about Bitcoin is that once you have learned his skills and the risks that are involved, you won't have any issues after investing in it. Because the number of people that invest in Bitcoin today are very high, since the time that they begin investing in Bitcoin, they have never had any issues, which will lead them to lose their money.

Yes of course, Bitcoin has a lot of potential in the future, which will definitely lead you to useful success, and even for those that you are seeing that they experienced losses in Bitcoin, are those that have been in the cryptocurrencies aspect for a while they have done so much research on Bitcoin that is why it will hard to see those kinds of people's losing too much of their money in Bitcoin.

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April 10, 2024, 11:08:21 PM
 #96

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?
s.

As you can see, nobody can accurately predict the future, but some predictions may come true with careful examination and research. In conclusion, it is predicted that bitcoin has a bright future for investment plans, which has been confirmed by numerous experienced bitcoin users. You can invest, but I will advise against investing all of life savings.

Well, Rx009 is asking about the future of Bitcoin in a forum dedicated to Bitcoin, so he/she should expect a positive answer Cheesy

OP, carry out a proper risk assessment and make your own decisions, nobody has a crystal ball here and, even if we all share the same hope about the future, we can't be sure what will happen tomorrow.

A very nice point here. Since this is a Bitcoin forum, no one will speak again it. Although Bitcoin to me is a very secured project to invest in but no one can predict the future 100%. So, you need to learn to manage your fund effective to stay long in this space.

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April 11, 2024, 09:09:04 AM
 #97

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?
I would say yes, a perfect investment for risk-takers who don't think about making money instantly. Although we can't assure that the future of Bitcoin is very impressive and the price keep on rolling high, I was positive that it will stay long and profitable. What makes it profitable is because of its volatile nature giving us a chance to buy low and sell high. If you are a person who easily doesn't get tired of waiting and has a strong mindset when it comes to investing, then this is for you mate. Not to mention how many people make a good income in this but many.However, just to remind you as well that losses can be possible if you are too careless. So think about it first before you decide.

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Ricardo11
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April 11, 2024, 02:50:46 PM
 #98

Bitcoin definitely has high potential in the future, if you want to exploit this potential, you need to invest in Bitcoin and hold for a long time. The most important thing to profit from Bitcoin is to have enough knowledge about Bitcoin and hold for a long time, if you don't panic. If you can hold for a long time, you will be able to profit. You can start holding here with any amount of money, you can start holding by investing a small amount of money here first, there is no specific investment limit of Bitcoin, you can invest here as much as you want. Any amount of money can be invested at any time.

You learn about bitcoin and gain enough knowledge about bitcoin, the future of bitcoin is bright, if you hold for a long time, bitcoin will influence you in a great way.

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April 11, 2024, 03:03:28 PM
 #99

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?

Hey OP, I think you are a newbie which is why you don't have much idea and knowledge about cryptocurrency which is why you made such an assumption. If you want to invest in Bitcoin then it will be the best venture for you, and it will help you to be financially sound in future. There is no better coin in the crypto world than bitcoin, it is the only coin that all the investors of the world trust and invest a lot of money here. And if you invest in Bitcoin you will never lose, but you will be able to profit more if you leave it for future. You may have heard it under the misconception that no one has ever lost their money investing in Bitcoin, but rather losing money trading. You can lose money only if you trade, otherwise if you invest then you can definitely get huge profit from here. So I say if you take good advice and are experienced then definitely invest in Bitcoin and hold it for long time then you will be successful. Moreover, till date I have not heard from anyone that people have lost their money and suffered losses by investing in Bitcoin, rather people have solved their financial problems by investing in Bitcoin.

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April 13, 2024, 08:24:38 AM
 #100

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?
I admire your genuineness, and your decision to invest in Bitcoin is wise.  And if you want to know whether Bitcoin has potential, you need to question yourself whether you want to invest or not, but I would rather encourage you to invest when you have the funds. Bitcoin's nature is just something natural with a fluctuating price. If you want to invest in Bitcoin, you need to be aware of its ups and downs. If you are still interested, you can start as tiny as you can, and that way you are already building yourself by investing. Everything huge starts small, so believe in yourself and invest, despite the ups and downs.


You gain experience about Bitcoin before I hope after gaining experience you will know for yourself if Bitcoin has good potential for future. I tell you that Bitcoin has a very beautiful golden future and people who have a mild experience with Bitcoin are also investing by seeing the position of Bitcoin. Bitcoin has become so successful in just over a century since it was once so cheap. If you think about it, you will notice how the price of Bitcoin has improved over the past few years. Currently Bitcoin reaches all time highs and we can see more new ATH in the bull market after the halving. One of the reasons most people lose their bitcoins is because they can't secure their invested wallets.

seeking to know is the first thing that a person should be after when you want to trade or even buy and hold, and the knowledge you have gotten is what you will use to trade because with that knowledge there is nothing you can do. and bitcoin have been known to have a good future potential.  and people who have been into Bitcoin for a long time are still enjoying profiting from the market, and as the price has improved over the years, and that is why the price keeps improving. when you keep up with the game then you should be on that part of making your money.

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