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Author Topic: is bitcoin a good chance for the future  (Read 1211 times)
Hallroom
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April 13, 2024, 12:04:50 PM
 #101

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 will surely understand if you go to this link and all the information about bitcoin halving is provided you can understand from here.
https://bitcointalk.org/index.php?topic=5491916.msg63912540#msg63912540

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April 13, 2024, 12:39:01 PM
 #102

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?
Here is something I do before investing be it online or in real life, first off you need to understand the concept of a product and what can make it grow and in the case of Bitcoin we believe it hasn't reached its full potential as it's been operating in unregulated territory, but know that it's getting regulatory backup and getting available on bigger markets...this alone gives any potential investor a reason to invest in it...

And you OP being someone that has shown interest in BTC, what has you due diligence lead you too...if it's ticking all the boxes as being a viable investment I see no reason to stay away at the moment as so many factors in the pipeline will support its bullish move such as the Halving and institutional investors jumping in...

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April 13, 2024, 01:06:06 PM
 #103

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 tell you mate, never to invest in something that you don't understand but the problem here
we are talking about bitcoin here that even me does not even know Bitcoin when I start investing in
this coin (but lucky that a cousin and a friend vouches for this so I decided to put my money inside)
sometimes we can trust  something that we does not truly understand but some of our friends or relatives are already into it.

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April 13, 2024, 02:12:58 PM
 #104

to tell you mate, never to invest in something that you don't understand but the problem here
we are talking about bitcoin here that even me does not even know Bitcoin when I start investing in
this coin (but lucky that a cousin and a friend vouches for this so I decided to put my money inside)
sometimes we can trust  something that we does not truly understand but some of our friends or relatives are already into it.

Whether it's Bitcoin or any other investment asset, you are not supposed to make your investment in it just because some people are vouching for it. The first thing you should do is to conduct your research and gather as much knowledge as possible about the asset you are going to make your investment in so that you understand what you are getting into. Understandably, Bitcoin is very popular and everyone would say it is the best investment asset, regardless, any investor should know enough about it before they get into it.

The knowledge that you gather will be useful for you to understand Bitcoin more closely, it will save you from things such as panic selling, becoming a victim of FUD, and selling before your target or goal out of fear that you might lose your money.

So, make sure that you make your investments only after you do your due diligence and your investment decisions shouldn't be influenced by vouches.

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April 13, 2024, 08:34:29 PM
 #105

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 tell you mate, never to invest in something that you don't understand but the problem here
we are talking about bitcoin here that even me does not even know Bitcoin when I start investing in
this coin (but lucky that a cousin and a friend vouches for this so I decided to put my money inside)
sometimes we can trust  something that we does not truly understand but some of our friends or relatives are already into it.


Well I can't guarantee you about the future, I think the reason why most people lose in bitcoin investment is because they don't really understand the market, probably they might decide to give it a trial without  even knowing the strategies. You don't have to invest on something you don't even understand, I think that's the reason why most people end up losing money.

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Wakate
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April 13, 2024, 09:11:40 PM
 #106

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 tell you mate, never to invest in something that you don't understand but the problem here
we are talking about bitcoin here that even me does not even know Bitcoin when I start investing in
this coin (but lucky that a cousin and a friend vouches for this so I decided to put my money inside)
sometimes we can trust  something that we does not truly understand but some of our friends or relatives are already into it.

Lack of understanding is what is making people to lose Money. We need to understand the system before we decide to benefit from the system because things can go either side and we should not be so eagered to invest in cryptocurrency. The price of Bitcoin would always go up and down and that should not make us wants to invest quickly before we study the price movement and make better decisions. We can always earn from the market if we understand little about the market structure so it will guide us on how to take some certain decisions some people would always ignore.

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Dorkylickjj
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April 14, 2024, 12:21:04 AM
 #107

If you see history as important and as a foundation, as a criteria to measure potency and growth, then you really should check out the behavior of Bitcoin over the years and it's performance, Bitcoin is like a train, it moves, may have few stops, but the whole story is that it goes forward. Even as the world evolves, the evolution also includes the relevance of Bitcoin, in some places that didn't accept Bitcoin for trade and exchange, now do, and soon there won't be a place where Bitcoin isn't accepted. Not to worry, with Bitcoin, before it's relevance is lost, it won't be in your lifetime. All I said I tried to hit the mark. Somebody else can go on about the figures and stuff .
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April 14, 2024, 11:43:25 AM
 #108

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 tell you mate, never to invest in something that you don't understand but the problem here
we are talking about bitcoin here that even me does not even know Bitcoin when I start investing in
this coin (but lucky that a cousin and a friend vouches for this so I decided to put my money inside)
sometimes we can trust  something that we does not truly understand but some of our friends or relatives are already into it.

Lack of understanding is what is making people to lose Money. We need to understand the system before we decide to benefit from the system because things can go either side and we should not be so eagered to invest in cryptocurrency. The price of Bitcoin would always go up and down and that should not make us wants to invest quickly before we study the price movement and make better decisions. We can always earn from the market if we understand little about the market structure so it will guide us on how to take some certain decisions some people would always ignore.

Majority of new investor think that bitcoin is a fast cash scheme that's why they always fall in wrong category then get scam by certain scammers pretending that they can give better income to them. If they could just even realize that everything they  see online offering such unrealistic big gains for sure they would not try to participate on any programs that is so shady for them. People need to understand on what they could do to maximize the potential chance to earn and minimize the risk so that they will not regret those decision they want to participate. People need to learn and realize what's real or not so they could able to earn legitimate profit from good decision they made on their investments.

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April 16, 2024, 03:36:54 AM
 #109

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?
Investing in Bitcoin is one of the most feasible and reliable investment any investor can think of, because it's a global business that is not under the control of a particular country
that may just wakeup one day with unnecessary policies that may affect investors but it requires adequate knowledge and understanding of the system in details and patience as well. Bitcoin is not just any other business that one can invest with the expectation of huge profit without a clear knowledge. Most investors experience losses because they don't want to learn more about the system before investing their money.
I think a better knowledge of the system is the key to potential success in Bitcoin investment.
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April 17, 2024, 10:23:00 PM
 #110

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 will surely understand if you go to this link and all the information about bitcoin halving is provided you can understand from here.
https://bitcointalk.org/index.php?topic=5491916.msg63912540#msg63912540

If you don't know much about  bitcoin  that means you need to take your time to learn very well before making any investment. you can't invest in something you don't even have any idea of, if you don't know much about bitcoin how can you possibly know the right time to buy/ sell your bitcoin? That's the main reason why most people end up losing money from bitcoin investment. However before making any investment, you need to know the procedures, and also understand the market very well, is obvious that bitcoin is the most profiting and reliable coin in terms of investment depending on how you go about it.

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