whether investing in bitcoin many lose

[Charmekkd]

I don't have much experience in crypto, and hopefully by joining this group I will get a lot of knowledge about crypto..
and i have little money and plan to buy bitcoin.
but is investing in bitcoin really safe or not? and do many lose from investing in bitcoin or not? I want to hear from all of you...

and what is a good application for buying and selling crypto, and is it safe?..............

[Upgrade00]

but is investing in bitcoin really safe or not? and do many lose from investing in bitcoin or not? I want to hear from all of you...

If by safe you mean guaranteed profits or no risk of loss, then there is no investment that is 100% safe.
If you do adequate research and understand the underlying value of Bitcoin, and plan out how to buy so you are not tempted to panic sell; you'll be able to hold till your desired profit range.

What causes people to lose is when they rush into investing as the price rises and panic to sell if it drops, cause it's a volatile market. Or when they invest more than they can afford to lose and eventually need that money soon after to settle real life problems.

and what is a good application for buying and selling crypto, and is it safe?..............

Bitcoin is a decentralized, immutable, unregulated form of transacting from one user to another. It frees one from the control of centralized authorities.

[Jawhead999]

but is investing in bitcoin really safe or not? and do many lose from investing in bitcoin or not? I want to hear from all of you...

and what is a good application for buying and selling crypto, and is it safe?..............

Depends on your perspective to define "safe".

In terms of security:
Investing in Bitcoin is really safe as long as you hold your coins on hardware wallet or cold storage, but if you leave your coins on web wallet, closed source or exchange, you have a chance to lose all of your coins in the future.

In terms of price:
Bitcoin have been proven to recover from dump market for multiple times and most of the time you will make a good profit after holding for around 4 years. You might lose in the first 1-2 years, but the next 2 years you will make money, although there's no 100% guarantee.

[Outhue]

Please understand that Bitcoin is not a stable digital asset, it fluctuations in value every time, I believe that's an unsafe area for a newbie that doesn't how Bitcoin works, so it is better if you can invest only what you can afford to lose. The good side is it also appreciates, for example right now you can buy Bitcoin, because we are in a bear market, use DCA ( Dollar Cost Average ) and I can guarantee you that in the comings months, your invested money would have doubled or triple, it's a game of patience, how long you willing to keep DCAing and holding your Bitcoin, the best time to sell will come.

[Don Pedro Dinero]

but is investing in bitcoin really safe or not?

Bitcoin is safe but not for people like you. Before you decide to invest in bitcoin you should gather lots and lots of information about it, as from what you are asking it seems you have no idea.

Deciding to buy bitcoin should not be based on what we tell you but on what you are clear about:

1) Why you are buying (because they tell you in a forum or because you have understood what bitcoin is?)
2) Where you are going to buy (DEX are usually better than CEX for privacy).
3) How are you going to store it (online or are you going to keep your private keys?).
4) How much you are going to buy and what system (are you going to buy a lump sum all at once or are you going to make recurring purchases, known as DCA?)
5) How long are you going to HODL and on the basis of which system (again, do you plan to sell all at once in the future or do partial sales in bull markets?)

[EarnOnVictor]

It's good you have pointed out your inefficiency, but you will still be the decider eventually. Bitcoin could be used to send and receive money, you can hold it, in which your gains or losses will be proportional to the market price, and you can decide to trade it. These three categories have their benefits depending on what you want, and they show that Bitcoin dealing is not useless in any ramifications.

But trying to make money through Bitcoin is technical, you need full knowledge of trading and investment which anyone cannot single-handedly teach you here. So investing now when you don't have basic knowledge is too risky and will surely make you lose.

Invest only when you are fully prepared for the task ahead.

[mk4]

Take a look at bitcoin’s price history. Seeing the historical charts should give you a good idea on what to expect.

As for wallets and exchanges, you have a lot to learn. https://cryptosec.info/wallets

[Pmalek]

but is investing in bitcoin really safe or not? and do many lose from investing in bitcoin or not?

Don't judge the quality of the investment based on the returns you get or don't get. You know, a Ponzi scheme can give you 100% returns at the right time, but that doesn't make it a sound or recommended investment. If you buy bitcoin now at $21k and it drops down to $19k, that doesn't make it a bad investment. The market moves in cycles and right now we are in a negative one. If you are going to need the little money that you have (because you said you don't have much for investments), in 1-2 months, it's better not to invest it. A good investment is a long-term commitment. Look at 2 or 3 years from now. The global economy is in a bad spot overall now. 

...and I can guarantee you that in the comings months, your invested money would have doubled or triple

No, you can't! You can't possible know where Bitcoin will be a few months from now. I think we are in for new drops and shake-outs before things get better towards next year hopefully. Everything is speculation, while the market has its own rules.

[CryptopreneurBrainboss]

I don't have much experience in crypto, and hopefully by joining this group I will get a lot of knowledge about crypto..
and i have little money and plan to buy bitcoin.
but is investing in bitcoin really safe or not? and do many lose from investing in bitcoin or not? I want to hear from all of you...

Firstly welcome to the forum, there's so much to learn and you shouldn't rush any of them. Take your time and make sure you understand properly what you're learning and not stopping halfway as that can be very dangerous. When it come to exchange to buy Bitcoin, we have centralized and decentralized ones. Personally I don't care where you buy your coin but make sure you're holding them in a decentralized wallets that gives you full control of your coins by issuing you your private keys. Bitcoin investing is actually safer than other investment out there as it gives you a chance to be incharge of your investment and not trusting some broker or centralized service providers to handle your portfolio for you.

As for the price fluctuations, that's what make the market very interesting and entertaining to follow. You can avoid all this by just been a holder in which you just buy and hold unto your coins but if you want to partake in the speculations of the price through trading, that too is safe if you understand what you're doing. If Bitcoin investment wasn't safe, it won't have gotten as big as it currently is and lasted more than a decade, so no need to be scared of the market.

[wajik-tempe]

Investing in Bitcoin, or any cryptocurrency for that matter, can be risky and there is always the possibility of losing money.
That being said, many people have made significant profits from investing in Bitcoin, and it has become a popular investment option for those looking to diversify their portfolios. Some people even consider Bitcoin to be a form of digital gold, and a hedge against inflation and economic instability.
If you're still interested in investing in Bitcoin, it's advisable to only invest what you can afford to lose

[Merit.s]

I don't have much experience in crypto, and hopefully by joining this group I will get a lot of knowledge about crypto..

You don't need to invest yet,take your time and learn more on the area of your investment. You can make research on your own in google and the forum is here for you to learn from other members.

i have little money and plan to buy bitcoindon't.
but is investing in bitcoin really safe or not? and do many lose from investing in bitcoin or not?

In security aspect btc is the safest as long as you keep your coin in your custody where only you have access to it. The price of bitcoin is not stable because of some factors that due affect it, for instance,demand and supply.

and what is a good application for buying and selling crypto, and is it safe?..............

The best way you can invest to play safe without having a lost is to hold your btc for long and sell at the bull run after the halving. Only use money that you can afford to lose when investing to avoid panic,if the price drops below the amount you bought.

[lovesmayfamilis]

If I were you, I would think several times before investing my money once. Ask yourself, "How much time are you willing to invest?" In a short time, you are unlikely to be able to make a profit. Is this your last money? In the event of unforeseen circumstances, you may be forced to withdraw these deposits, and you will not always be in the black. It is important to think about all the points. Do you know how to save your seed phrase and passwords? Which wallet do you prefer to use? Is it owned by the exchange or not? There are many footrests that may come as a surprise to you.
You should never rush. We make a lot of mistakes in a hurry, but by allocating some time for studying, in the future you will be able to independently understand how much and at what time you can start investing.

[Zilon]

It is one thing to have the capital to invest and another to have the discipline to devote your time into making research. The truth about digital assets is that no time is right or wrong to invest the concern should be how much can the investor afford to lose at every point. Investment in assets like Bitcoin involves devotion to doing research to know the exact price that is convenient to buy, sell or buy more depending if the goal is long or short term.

[Daniel91]

Before you invest anything in crypto or bitcoin, I suggest that you first think about your priorities, goals, and get well informed and analyze the crypto market in detail.
It should be clear to you that every investment is always a risk, regardless of whether you invest in a new car, house, company shares, forex or crypto.
For this reason, always make a good market analysis, study all available information, and create a clear investment plan and exit strategy.
Otherwise, your investment will be a game of chance, which always ends very badly.
Don't rush and think carefully about everything.

[Charmekkd]

Please understand that Bitcoin is not a stable digital asset, it fluctuations in value every time, I believe that's an unsafe area for a newbie that doesn't how Bitcoin works, so it is better if you can invest only what you can afford to lose. The good side is it also appreciates, for example right now you can buy Bitcoin, because we are in a bear market, use DCA ( Dollar Cost Average ) and I can guarantee you that in the comings months, your invested money would have doubled or triple, it's a game of patience, how long you willing to keep DCAing and holding your Bitcoin, the best time to sell will come.

I see,, thank you for answering it, I hope the insight you provide is useful for me, but have you ever experienced a loss?

[GreatArkansas]

(.....)

I see,, thank you for answering it, I hope the insight you provide is useful for me, but have you ever experienced a loss?

Bitcoin price is unexpected, no one knows what will be the price of Bitcoin the future, it will either go down or go up. So loss, when you are buying or selling Bitcoin, is always there, you can't avoid losses.
There are some traders who are profitable and some who are not profitable. So, if you are planning to trade Bitcoin, you must learn the basics, technical analysis, or fundamental analysis. Learn first before you buy your Bitcoin even the basics. As what famous quote: "Don't invest in what you don't know".

[Pmalek]

I see,, thank you for answering it, I hope the insight you provide is useful for me, but have you ever experienced a loss?

Everyone has at some point. Some people here have owning bitcoin when it was only worth a few hundred or thousand dollars. It wasn't that long ago that it was just $4 or $5k. And look where it is now compared to that! However, many have also bought their first coins due to FOMO (fear of missing out) at $50k or $60k. Their portfolios don't look as healthy as they did back then. We often say that if you don't sell, you don't lose, and it's true. The times of BTC being at $60-70k can one day return and if you don't sell earlier, you don't lose anything.

Patience and strategy. If your world will fall apart because your BTC investment isn't going in the right direction, then you are doing it wrong. 

[CageMabok]

I don't have much experience in crypto, and hopefully by joining this group I will get a lot of knowledge about crypto..
and i have little money and plan to buy bitcoin.

Your plan to buy Bitcoin with some money is actually very good at this time where the price of Bitcoin itself is still at a very affordable price and not too expensive. But what you need to understand here is that this is not a group, but rather a forum which has some rules and that must be understood by all users here. And regarding crypto knowledge, actually you can rely on several other sites too without having to always rely on this forum, because knowledge about crypto is very broad and has several paths that you have to choose yourself when you understand it.

but is investing in bitcoin really safe or not? and do many lose from investing in bitcoin or not? I want to hear from all of you...

Investing in Bitcoin in general is of course very safe as long as you use a secure wallet to store your own Bitcoins. And for those who have ever lost on Bitcoin, actually it's just about the patience of someone who is still immature and very often there is panic when they see bad news through the media so that he or some people prefer to sell Bitcoin at low prices. Even if he doesn't sell at a low price, of course he hasn't suffered a loss as long as he still holds his Bitcoin very safely.

and what is a good application for buying and selling crypto, and is it safe?..............

To buy and sell crypto, I don't think you need to use any application, because you and everyone only need to use certain exchanges that they have entrusted to buy and sell crypto. So you don't need to think about which application is suitable for buying and selling crypto because all trading takes place on the exchange, although several exchanges have developed applications for their respective users.

[Charmekkd]

(.....)

I see,, thank you for answering it, I hope the insight you provide is useful for me, but have you ever experienced a loss?

Bitcoin price is unexpected, no one knows what will be the price of Bitcoin the future, it will either go down or go up. So loss, when you are buying or selling Bitcoin, is always there, you can't avoid losses.
There are some traders who are profitable and some who are not profitable. So, if you are planning to trade Bitcoin, you must learn the basics, technical analysis, or fundamental analysis. Learn first before you buy your Bitcoin even the basics. As what famous quote: "Don't invest in what you don't know".

now I quite understand but what is meant by fundamental analysis? because I just heard now from you? hope you can explain it to me?

[UchihaSarada]

I don't have much experience in crypto, and hopefully by joining this group I will get a lot of knowledge about crypto..

It is a bitcoin talk forum, not a group. In cryptocurrency, when you start, you should start with Bitcoin. Learning should be began with Bitcoin first. After learning about most important cryptocurrency, you can learn about top altcoins, start with Ethereum and BNB.

Avoid tokens at beginning because they are more risky than Bitcoin and top altcoins with their own blockchains.

and i have little money and plan to buy bitcoin.

Buying Bitcoin is easy but what you are planning to do after that?
Trade or Invest

If you plan to invest, you can apply dollar cost averaging DCA
https://dcabtc.com/

but is investing in bitcoin really safe or not? and do many lose from investing in bitcoin or not? I want to hear from all of you...

Investors get profit, traders get losses in general.

But not all investors can gain profit. If you don't hold your bitcoin long enough, you will have more risk to get loss, not profit.

Bitcoin has 4 year cycle and you must hold your bitcoin more than 4 years to surely gain profit.