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Author Topic: is bitcoin a good chance for the future  (Read 1209 times)
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January 29, 2023, 09:28:48 PM
 #41

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'm not surprised to see this type of thread. I believe I commented on a similar one last week or so. We always get to see this sort whenever the market is in an upward rally. Responding to whether Bitcoin has potential for the future or not will be stating the obvious. Of course, isn't that the reason its price keeps bumbling upward whenever it goes down? Those who believe in its potential don't hesitate to buy back once there's a slight price correction.

A few years ago I also found threads like this, similar threads will always be present and will continue to exist when the bitcoin market is rallying up. Regarding the potential for the future, Bitcoin will be more promising because we have seen in previous years bitcoin was able to reach new ATH which at first seemed impossible to reach above $ 50k. The next price target as well as being a new ATH is in the $100k price area. Bitcoin Also getting some adoption for legitimate payments. The people in this forum also make bitcoin a legal tender for the business they are developing.

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I want to know why people experience losses investing in bitcoin?
Loss is a part of business and trading. Every other business has those who suffer losses also. So, it's not a Bitcoin thing pers se.

This is certainly a common problem that can occur in any investment or business. The higher the risk, the higher the loss. But the opportunity to make a profit will also get better. Those who experience losses certainly make mistakes, and losses will always come if we sell at prices that are not what we target. Start investing in bitcoin and determine the long-term price, then there will be several benefits to be had.

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January 30, 2023, 04:11:51 AM
 #42

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?
Maybe yes and maybe not because we don't know for sure how bitcoin will develop in the future, but if you look at its history so far, bitcoin has the potential to remain one of the Cryptocurrencies that will be of interest to the public.

If you are really interested in investing in bitcoin, my advice is to make a personal decision and make sure that you are investing with money you can afford to lose.

Bitcoin is a high-risk investment, so it's natural that many people experience losses when investing with bitcoin and usually the factors that cause these losses are due to individual errors.

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January 30, 2023, 12:04:08 PM
 #43

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 has a promising future because the entire transaction is transparent.
Bitcoin has been in existence since 2009, and the rate of adoption is increasing by the day. Some countries, such as El Salvador, have legalized Bitcoin as legal tender in their countries, and the government has even gone so far as to buy Bitcoin for the country simply because of their trust in Bitcoin.
Very soon, the entire world will adopt Bitcoin as a general means of exchange; therefore, do your own research on Bitcoin and then decide if you are safe; however, investing in Bitcoin is a very good idea because it has a bright future.

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January 31, 2023, 04:27:09 PM
Merited by fillippone (2)
 #44

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.
This is a smart plan for investing in Bitcoin or any other asset. Before making a decision, always conduct comprehensive research and understand what you are investing in. This entails being aware of the hazards as well as the potential rewards. Only invest what you can afford to lose, and be sure you understand the asset before investing.

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 a digital currency that is decentralized and has a volatile value. Some consider it as a worthwhile investment, while others are skeptical. People who invest in Bitcoin potentially lose money due to its volatility and associated risks such as regulatory changes and market manipulation. Before investing, do your homework and speak with a specialist.
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February 02, 2023, 01:26:16 PM
 #45

I don't know much about bitcoin, and I also want to invest in bitcoin,
Investing without a knowledge in crypto is just a fool decision for everyone, because without a proper knowledge there are huge chances to lose your money rather than getting profit. So I will suggest to go serach out about cryptocurrency and when you well know about Bitcoin then think about investment in bitcoin.

I want to ask whether bitcoin has good potential for the future? I want to know why people experience losses investing in bitcoin?
Absolutely Bitcoin has because from starting to till now Bitcoin almost make his price more than 1000x and no doubt it will increased more In future so keep buying and keep holding if you believe on Bitcoin.
And The reason of loses in Bitcoin is lack of knowledge and don't use proper streategy.

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February 02, 2023, 01:55:41 PM
 #46

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 thing I should say: do not invest to something that you do not completely understand, before committing into it, at least take some time to read and study. It'll lessen the failure of your investment for sure. Most of us would want you to invest on bitcoin, but you need to be aware of what you want to go in.

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February 02, 2023, 02:13:39 PM
 #47

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 has a bright future, without a doubt, but it's also risky, so you shouldn't dive in if you don't understand how it works.
You shouldn't let the suffering of others stop you from buying bitcoin. Everybody in life has a way to get rich, and we are no different. Those who lost money with bitcoin were typically blinded by profit and neglected the warning signs. Some losses can't be universally blamed on anyone. The future is Bitcoin, and it's not too late to begin.
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February 02, 2023, 02:28:01 PM
 #48

Bitcoin has a bright future, without a doubt, but it's also risky, so you shouldn't dive in if you don't understand how it works.
You shouldn't let the suffering of others stop you from buying bitcoin. Everybody in life has a way to get rich, and we are no different. Those who lost money with bitcoin were typically blinded by profit and neglected the warning signs. Some losses can't be universally blamed on anyone. The future is Bitcoin, and it's not too late to begin.
Those who were harmed by Bitcoin were also affected by their lack of patience in holding Bitcoin and also always believed more in the words of other people who did not like Bitcoin so that their minds continued to experience panic and finally sold at a loss. This is a very wrong thing actually.

Because everyone who already believes in Bitcoin is based on their own knowledge and their own research, of course you don't need to pay attention to what other people say about Bitcoin because some of them who don't like Bitcoin will always want to drop Bitcoin and laugh when they see people who lose through Bitcoin.
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February 02, 2023, 03:35:03 PM
 #49

Bitcoin has a bright future, without a doubt, but it's also risky, so you shouldn't dive in if you don't understand how it works.
You shouldn't let the suffering of others stop you from buying bitcoin. Everybody in life has a way to get rich, and we are no different. Those who lost money with bitcoin were typically blinded by profit and neglected the warning signs. Some losses can't be universally blamed on anyone. The future is Bitcoin, and it's not too late to begin.
Those who were harmed by Bitcoin were also affected by their lack of patience in holding Bitcoin and also always believed more in the words of other people who did not like Bitcoin so that their minds continued to experience panic and finally sold at a loss. This is a very wrong thing actually.

Because everyone who already believes in Bitcoin is based on their own knowledge and their own research, of course you don't need to pay attention to what other people say about Bitcoin because some of them who don't like Bitcoin will always want to drop Bitcoin and laugh when they see people who lose through Bitcoin.
And now it is left between you and your mind,whether you believe Bitcoin has that potential of making you rich in the future,or bitcoin is just going to crash,decide within yourself.But as far as I know,bitcoin has come to stay,and I so much believe that with me holding my coin for a long time,I have every assurance that my future is going to be rich.
In everything,we need to make a certain decision,and it is the decision you make today that will either enrich you tomorrow,or dwindle your chance of making money.
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February 03, 2023, 11:36:14 AM
 #50

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?

See, nothing in life is guaranteed, even the air we breathe in and out can be taken at any time, bitcoin is not left out, so buy and hold. The truth is that no one is certain for sure the next move of bitcoin but history has told us that it always repeats and that is what everyone speculates about but there is no exact how far it will go. To be on the safer side, why not buy and hold and see what tomorrow turns out like, bitcoin is known to be an asset that beats inflation, it never disappoints as long as you never buy from the top, target the bottom, and holds for the long term.

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February 03, 2023, 05:46:24 PM
 #51

Better to make a check what bitcoin is and not just having into the hype of making an investment if you think bitcoin is good for you that's the time. ideal for accumulating bitcoin as possible bitcoin is not just the only deal here but also with the other factor such as the block chain technology the transactions before more transparent and secured but again take care if you want to invest market of the crypto so such volatile.

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February 03, 2023, 06:12:32 PM
 #52

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?

We are people, we have different perspective in our life so it's better to do our own research so we can decide in our own. Cause for me about this [is  Bitcoin a good chance for the future?] for me it's a good chance as we all know how bitcoin work. Once a investor are not greedy and have a good patient then for sure Bitcoin is a good for then and for sure that they will be successful. But an investor is greedy and don't have patient then for sure losses are waiting in the end.

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February 04, 2023, 09:29:57 PM
 #53

Bitcoin is obviously a very good chance for the future and even the present as well, so many people are getting used to understanding the market value and potentiality’s of bitcoin. A lot of people taught it was so unreal and not worth investing on some years back, now they are regretting because of the rate at which the market value of bitcoin had skyrocketed during the past few years. It is highly predictable now because in the next coming years, bitcoin won’t be where it is presently and the rate at which bitcoin would have soar higher would cause a lot of traders and investors to be dwelling in money which is a huge profit for lots of investors and traders. One thing that I have learnt about investing on bitcoin and other cryptocurrencies is Patience, because if you’re patient enough to understand how the market works and the ways of the rise and fall of bitcoin, then you will know it possible supports and resistance levels, which at the end of the day will worth the waiting. So many investors investing on bitcoin now that bitcoin had fallen massively will definitely reap and enjoy their fortune of profits in the next one or two years by the time bitcoin starts rising.
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June 15, 2023, 10:57:35 PM
 #54

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?
Actually, before investing in anything, one must learn more about it. Attempting to invest in bitcoin is risky because its value might fluctuate, sometimes increasing and other times decreasing. This means that the investment is a loss and gain one.
     It can raise the investor's hint quite a bit at times.
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June 18, 2023, 08:22:00 PM
 #55

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?

With Bitcoin, there is a possibility of losing money, which has made many people millionaires as well as rained on lots of people, However, there are many ways to develop risk management skills, and records show that many people have profited from investing in bitcoin over the years , Take security seriously and hold, and since halving will be taking place next year, bull run will be around the corner no jokes only the strong can survive. If you can harden your heart despite the dump and you can hold, I don't think you will have any issues with investing in bitcoin.

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HajiBagi
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June 19, 2023, 07:09:43 AM
Merited by fillippone (1)
 #56

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?

Welcome to the forum,regarding losing bitcoin. As an investor, you never think that you will lose money when you invest. Investing in bitcoin doesn't mean you can sell it at any time; it means investing for a period of time and selling it at a profit when the price increases. I don't think you will lose money in bitcoin just like people who lose money in bitcoin don't understand what investing is or how to do it.
What I'm attempting to explain is that bitcoin has a strong chance for the future because you invest over time in order to benefit, and I firmly believe that someone who is knowledgeable about bitcoin will never lose money until they sell their bitcoins at a depressed price.

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SmartCharpa
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June 19, 2023, 04:36:07 PM
 #57

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 aren't any bitcoin investments that will say they have lost money in them, so you can't just imagine that you will buy bitcoin today and start making much profit. I don't know if anyone has ever told you that they are losing money on bitcoin, but i think that is untrue. Profiting If you want to become a professional investor, you can buy bitcoin to hold for a long time, say years. At the end of that time, you will make a good profit; however, you cannot just buy bitcoin for a short time and make decisions about the future.

R


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petulino
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June 19, 2023, 06:59:35 PM
 #58


There aren't any bitcoin investments that will say they have lost money in them, 

Totally agree with you that there will be no investor who will say that his capital was lost in Bitcoin.Just a little reminder that people who bought bitcoin at around $60k and bought it hoping it would go up.After that, the price of Bitcoin continued to fall and there was a time when the price of Bitcoin was less than $16k.

Maybe some of the people who bought around $60k sold during this entire period.So any investor in Bitcoin can only lose if the timing of his buying is wrong,because if you don't enter at the right time, you may also suffer losses in bitcoin.Always entering at the right time can give you a good profit,Or you may have to wait a long time.Where you will only be able to eliminate your loss but the profit you can get is very less.If the investment is made at the current price of Bitcoin, it is a good time to enter,and the coming bull season can give a good profit.


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June 19, 2023, 07:28:43 PM
 #59

Welcome to the forum
You're say welcome too late - OP has become inactive in 123 days since last activity. LOL

As an investor, you never think that you will lose money when you invest. Investing in bitcoin doesn't mean you can sell it at any time; it means investing for a period of time and selling it at a profit when the price increases. I don't think you will lose money in bitcoin just like people who lose money in bitcoin don't understand what investing is or how to do it.
It seems you have explained something the wrong way. Investing in bitcoin is to make a profit - while not all bitcoin investors will be profitable for one reason or another. If you fail to secure your wallet against hacking attempts or fail to back up your wallet in a safe place - then you will lose all those bitcoin.

Even if you don't have proper knowledge about bitcoin investing - it is very possible for you to get caught in ponzi scheme. With that in mind - bitcoin investing is a risky activity that can in fact make you lose all your money. Of course there are ways to minimize the risk - but they have to learn.

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SmartCharpa
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June 19, 2023, 08:04:28 PM
 #60


There aren't any bitcoin investments that will say they have lost money in them, 

Totally agree with you that there will be no investor who will say that his capital was lost in Bitcoin.Just a little reminder that people who bought bitcoin at around $60k and bought it hoping it would go up.After that, the price of Bitcoin continued to fall and there was a time when the price of Bitcoin was less than $16k.

Maybe some of the people who bought around $60k sold during this entire period.So any investor in Bitcoin can only lose if the timing of his buying is wrong,because if you don't enter at the right time, you may also suffer losses in bitcoin.Always entering at the right time can give you a good profit,Or you may have to wait a long time.Where you will only be able to eliminate your loss but the profit you can get is very less.If the investment is made at the current price of Bitcoin, it is a good time to enter,and the coming bull season can give a good profit.


It goes without saying that a good investor cannot purchase bitcoin at a high rate; all purchases should be made at least when the price has dropped. However, I don't believe that those who believe they can lose money by purchasing bitcoin are aware of the best time to do so. It is also preferable to purchase bitcoin with funds that we shouldn't have anticipated using so soon in order to affect the investment we made. However, I doubt that newbies to bitcoin have ever considered that.

R


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