When you're so inlove with BTC

[tomos81]

Bitcoin price has been increasing very fast for a few days, this is a green signal for us. Our portfolio has been heavily weighted by the market upswing as the portfolio has become thinner than what we invested in the past when the price of Bitcoin fell. And now there is a little increase due to which the mind is full of excitement to invest more in time.
Bitcoin price will rise further as more green signals await. After this time we will get the touch of happiness.

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[Ngewex Yuk]

When we are love bitcoin too much then anything becomes unimportant, the market is too volatile like what happened with bitcoin then we have to be realistic, if we hope to get big profits of course long term holding is the thing to do, otherwise if we want small but regular profits then we can rely on dialy trading,

[Sorryfor]

When investing one's own money personally, that investment seems most important. Bitcoin mining is more profitable than many trades but must be invested for a long time. Investing in Bitcoin will never have the fear of losing money and there will be very little risk involved. And when he is busy investing with his own money, his love for money works a lot. And in the future he has plans on how he can get money from investments.

[posi]

Bitcoin mining is more profitable than many trades but must be invested for a long time.

I have never mined but I think holding or trading will be more suitable for many people including those with modest capital. Mining will only be profitable if you live in a country with cheap energy and you need a huge amount of initial capital to get started.

Investing in Bitcoin will never have the fear of losing money and there will be very little risk involved.

Investing in bitcoin is extremely risky and your money can disappear at any moment, bitcoin is a very volatile asset, and risky as the legitimacy of bitcoin is not yet universal. Bitcoin is a good investment but that doesn't mean it's just profitable without risk, it's good that you love bitcoin but don't be too fanatical or blind. Invest with your mind, don't let your emotions rule you in investing.

[justdimin]

Investing in Bitcoin will never have the fear of losing money and there will be very little risk involved.

Investing in bitcoin is extremely risky and your money can disappear at any moment, bitcoin is a very volatile asset, and risky as the legitimacy of bitcoin is not yet universal. Bitcoin is a good investment but that doesn't mean it's just profitable without risk, it's good that you love bitcoin but don't be too fanatical or blind. Invest with your mind, don't let your emotions rule you in investing.

Disappear? I mean maybe if you put it on x150 leverage or something, but like.. fully gone? I do not think that it's possible. Even if you bought at 68k and sold at 16k, it doesn't really disappear, it's something that is very bad for you and I highly doubt that there are any people in the entire world who bought at the very top, the peak, the all time high price, and then sold at the very bottom of this cycle, that is unlikely, but even in that case you are still left with some money.

Most people don't even do that, they may end up losing if they sell when they see it drop but they lose just a bit, even maybe half of it could be gone but that's about it, not fully gone, so it's not as risky as you think it is.

[posi]

Investing in Bitcoin will never have the fear of losing money and there will be very little risk involved.

Investing in bitcoin is extremely risky and your money can disappear at any moment, bitcoin is a very volatile asset, and risky as the legitimacy of bitcoin is not yet universal. Bitcoin is a good investment but that doesn't mean it's just profitable without risk, it's good that you love bitcoin but don't be too fanatical or blind. Invest with your mind, don't let your emotions rule you in investing.

Disappear? I mean maybe if you put it on x150 leverage or something, but like.. fully gone? I do not think that it's possible. Even if you bought at 68k and sold at 16k, it doesn't really disappear, it's something that is very bad for you and I highly doubt that there are any people in the entire world who bought at the very top, the peak, the all time high price, and then sold at the very bottom of this cycle, that is unlikely, but even in that case you are still left with some money.

Most people don't even do that, they may end up losing if they sell when they see it drop but they lose just a bit, even maybe half of it could be gone but that's about it, not fully gone, so it's not as risky as you think it is.

I mean, bitcoin can go to zero, or it can be decrypted by someone in the future and can control it, or something will take its place...Don't tell me it will never happen, even though the chances are extremely low.

Or even if it doesn't happen and you store your bitcoins in a non-custodial wallet, there is no absolute guarantee of the safety of your bitcoins. That's why we always say to each other, only invest with money that can be lost. If bitcoin is absolutely safe and only profitable, I am willing to sell all my house, car, and everything I have to invest in bitcoin.

[Bitcoin2009]

Sometimes in life we don't overdo it, bitcoin does look promising because of the many successful news and get rich from bitcoin, but we don't go overboard so much that we go into debt or sell assets to invest in bitcoin, I hear of people who are stressed because of investing in bitcoin in 2021 when buying at $48k, he was stressed because the price fell below $30k or a year after he sold the asset.

[Silberman]

Sometimes in life we don't overdo it, bitcoin does look promising because of the many successful news and get rich from bitcoin, but we don't go overboard so much that we go into debt or sell assets to invest in bitcoin, I hear of people who are stressed because of investing in bitcoin in 2021 when buying at $48k, he was stressed because the price fell below $30k or a year after he sold the asset.

In consequence we need to think very deeply about our actions on this market, it is easy to think that we can deal with whatever losses may come our way, but most of the time this is not true, we all have a limit in which holding our coins becomes simply too difficult, and if you invest too much money in bitcoin then your tolerance to downward movements will not be very high, you will sell for a loss and most likely you will never recover the money you invested in bitcoin on the first place.

[BobK71]

When we are love bitcoin too much then anything becomes unimportant, the market is too volatile like what happened with bitcoin then we have to be realistic, if we hope to get big profits of course long term holding is the thing to do, otherwise if we want small but regular profits then we can rely on dialy trading,

To realize the long-term dream from BTC, neither bullish nor bearish info can be relied upon. I think it's important to be assertive. BTC will be bullish when confidence among its holders increases. Those who want to see a rapid rise with BTC may not be able to hold it for longer. A bitcoin holder should go a long way with interest and realism in it. Those who will take the possible risks here and move forward to fulfill their dreams will be successful. Bitcoin has given a sense of its power in 2021 resulting in increased confidence and support among those investors.

[dansus021]

Im so involved with this forum actually cause this forum I can earn money the simple answer is that. But for me bitcoin is still revolutionary.

and yes I love cryptocurrency a lot and somehow if you say to other person about Crypto related thing it feels good and make you really cool  although some of it will say it scam 

[ethereumhunter]

Sometimes in life we don't overdo it, bitcoin does look promising because of the many successful news and get rich from bitcoin, but we don't go overboard so much that we go into debt or sell assets to invest in bitcoin, I hear of people who are stressed because of investing in bitcoin in 2021 when buying at $48k, he was stressed because the price fell below $30k or a year after he sold the asset.

He can survive in that state by holding on to his bitcoins and not selling them for under $48k because the price of bitcoins will surely increase again. But there really aren't many who can hold their bitcoins when the price has dropped too deeply, especially if they buy bitcoins with lots of money and at high prices. It can make him desperate to hold on to his bitcoins because he feels he has been waiting too long for the price to go up high again. That's why if you want to invest in bitcoin, you have to be able to analyze it to get the right time to buy bitcoin.

[_BlackStar]

He can survive in that state by holding on to his bitcoins and not selling them for under $48k because the price of bitcoins will surely increase again. But there really aren't many who can hold their bitcoins when the price has dropped too deeply, especially if they buy bitcoins with lots of money and at high prices. It can make him desperate to hold on to his bitcoins because he feels he has been waiting too long for the price to go up high again. That's why if you want to invest in bitcoin, you have to be able to analyze it to get the right time to buy bitcoin.

Everyone has learned a lot in this forum and they are getting more and more optimistic about crypto in the long term given the many proofs in the past. Regarding investment, one must be very realistic about the future. We never know what will happen in the future, so they always have to weigh the risks.

Everyone will expect a return on their investment in the long term, but they should not sell any physical assets to invest in bitcoins. I would not recommend this to anyone investing in bitcoin, but if they do want to invest then at least they have another budget they can really afford to lose.

[Pujangga]

When we are too focused and like bitcoin then we will always follow any news, I'm sure we will at least check prices 3 times a day, even in any busy condition we will try to know the latest price, this is because bitcoin price movements are often unpredictable.

[arufox]

When we have BTC assets that make it possible to generate all forms of wealth, then someone must fall in love with Bitcoin. Moreover, BTC has been proven which allows one to have control over their own money and investment in making money. Even more so for those who may appeal to people who feel excluded from the traditional financial system. In addition, the potential for high returns on investment and the overall novelty of the technology can also contribute to people's enthusiasm for Bitcoin.

[asrinur]

For me personally it is clear that I fall in love with bitcoin more than other altcoins because for me bitcoin can provide big profits. Therefore my main choice has only been on bitcoin until now.

Apart from that, Bitcoin is also able to have a very good influence on the market so it is not wrong if many people, including you, choose Bitcoin because your love for it is far greater than altcoins, some of which do not have good potential for the future. And if at this time you still believe in Bitcoin and still have capital or money that you don't use for other things, it is better if you want to buy Bitcoin at the current price. Because you will feel better profits when Bitcoin recovers again this year.

While there are many advantages to investing in Bitcoin, it is also important to weigh the potential downsides and weigh the risks and rewards carefully before making any investment decision. In addition, it is important to stay informed and adapt your investment strategy as market conditions change over time.

This is something that is seldom mentioned, obviously I like bitcoin but it is not as if does not come without its own set of challenges, and one of the most critical is becoming your own bank, while this is an advantage at the same time it can be a challenge for the average person which has depended on banks to protect their money for their entire lives,  so they may invest in bitcoin thinking it is like any other asset in which they have invested, only to lose their coins to hackers and realize that once those coins are gone it is almost impossible to get them back.

Correct. I agree with you that investing in bitcoin is a challenge for us. Moreover, the price of bitcoin or crypto currency in general is very volatile. so investing in cryptocurrency requires the right strategy so that we can get satisfying profits.

[_BlackStar]

Correct. I agree with you that investing in bitcoin is a challenge for us. Moreover, the price of bitcoin or crypto currency in general is very volatile. so investing in cryptocurrency requires the right strategy so that we can get satisfying profits.

You should exclude altcoin from your investment plan even though bitcoin and altcoin also fluctuate. When you can plan your investment in bitcoin, then you may get satisfactory returns which are well worth the investment budget you have. Altcoin volatility depends on bitcoin volatility ^{[it's common]} so try to get more bitcoin in your portfolio instead of being dominated by altcoin. After all you can also expect different volatility between bitcoin and altcoin and find benefits in the long term.

[19Nov16]

A few years ago when the price of bitcoin dropped and it took a long time to rise then I was thinking realistically, I would not hold it for too long, now I keep bitcoins on exchanges and of course I have set a high selling price so that when the price is filled then I will stop for a moment and set a cheaper purchase price again.

[Pesona1]

When we are too focused and like bitcoin then we will always follow any news, I'm sure we will at least check prices 3 times a day, even in any busy condition we will try to know the latest price, this is because bitcoin price movements are often unpredictable.

I may not agree with you, because if we keep checking prices every day, even up to 3 times a day, of course this will only raise doubts in our hearts, as a long-term investment it's good for us to think of bitcoin as savings for the future and there no need for us to keep checking the price on the market, but if indeed we only make bitcoin as a short-term investment it's a good idea to check the price as often as possible so we can find out our next step whether to sell or keep holding.

[Silberman]

A few years ago when the price of bitcoin dropped and it took a long time to rise then I was thinking realistically, I would not hold it for too long, now I keep bitcoins on exchanges and of course I have set a high selling price so that when the price is filled then I will stop for a moment and set a cheaper purchase price again.

While this is a strategy that could work you need to be careful, as time passes exchanges are acting more and more like banks, so by not having your coins in a wallet that is under your exclusive control you are taking a huge risk, especially if you are not trading daily and your coins are just sitting at the exchange doing nothing, maybe it could be better for you to get your coins out of exchanges and set an alarm that lets you know when the price has reached a certain level, and then you can send your coins to the exchange and sell them.

[imamusma]

I may not agree with you, because if we keep checking prices every day, even up to 3 times a day, of course this will only raise doubts in our hearts, as a long-term investment it's good for us to think of bitcoin as savings for the future and there no need for us to keep checking the price on the market, but if indeed we only make bitcoin as a short-term investment it's a good idea to check the price as often as possible so we can find out our next step whether to sell or keep holding.

That means he is still very likely to keep all his assets on a centralized exchange instead of keeping them in his personal wallet.
For me, it's not wrong to monitor price movements because it can allow someone to change their investment plan for the better. For example, if you have a large budget ready to invest, you should plan a purchase with a good entry price according to your analysis. But again, the best advice is to keep those investment assets in a wallet that gives you complete control, meaning you have the keys.