Iadegbola34
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Activity: 499
Merit: 16
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April 28, 2023, 07:19:33 PM |
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I understand your concern about the current state of the Bitcoin market. It's true that the price has been fluctuating a lot lately, and many investors are feeling uncertain about the future. However, it's also important to note that the cryptocurrency market is notoriously volatile, and it's not uncommon to see sudden price changes in either direction.
That being said, it's always a good idea to do your research and exercise caution when investing in any asset, including Bitcoin. It's wise to only invest money that you can afford to lose, and to have a long-term perspective on your investments. While short-term gains can be tempting, they are often accompanied by high risks and unpredictable outcomes.
If you believe in the long-term potential of Bitcoin and are willing to weather the ups and downs of the market, holding on to your investment may be a good strategy. However, if you are looking to buy now, it's important to be wise and use spare income that you can afford to risk.
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DiMarxist
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Activity: 308
Merit: 216
Eloncoin.org - Mars, here we come!
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April 28, 2023, 07:39:36 PM |
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Have some basic knowledge of bitcoin investment and understand the skills for investing you might not control the risk but at least you could less the probability of loss by doing such a good move at investment. The DCA pattern is one of the strategies that is good to apply. Long term holding is more profitable more than short -term hold, For a long time I kept my bitcoins, stored in my wallet. When the price of bitcoin drops,it is a good time to increase DCA buying and return to normal when the price is out of limit or start to recovery and the long term holder enjoy the profits.the market will remain to fluctuate and it is highly unlikely that the btc market will not be stable, so if someone wants to invest, only invest what you can afford to lose.
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Lubang Bawah
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April 29, 2023, 05:56:02 AM |
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In my opinion, investment will always be risky because there are many unexpected things, the higher the opportunity for profit, the greater the chance for loss, many people think that cryptocurrencies are the fastest way to success and profit, but the fact is that many people lose money because of wrong predictions .
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irhact
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April 29, 2023, 07:57:49 AM |
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The bitcoin price will change based on the demand in the market,People with more trading knowledge will use the dump to inverse the money.Because they know the price of bitcoin is not the stable one,the price itself increases to good value with a certain period of time.If you inverse in the good crypto currency,their is no possibility for the loss.Only you need to hold for the specific period.
How do you know good project that'll bring profits when they can all fail you even though they have very high market volume. Apart from investing in Bitcoin, the rest investment done in altcoins are all gamble which they can either be profiting or give you losses. This is why investing in this period is very risky because you can't be sure which project will survive the bear market. Sometimes holding on to altcoins is useless because you might end up holding a worthless tokens that you would had made some profits if you sold earlier. People that held on when Luna crashed are regretting because the tokens are now worthless. Holding shouldn't be done for all coins.
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Negotiation
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May 01, 2023, 04:46:46 AM |
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In my opinion, investment will always be risky because there are many unexpected things, the higher the opportunity for profit, the greater the chance for loss, many people think that cryptocurrencies are the fastest way to success and profit, but the fact is that many people lose money because of wrong predictions .
Yes, it is very difficult to make futures because the crypto market is not stable. But if you invest in the right currency like bitcoin and hold it for the long term, the risk is low and the profit is high. There are many investors who invest greedily without practicing the market, then they are at risk and if they choose the right currency to reduce the risk of investment the profit will be more and the loss will be less.
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S A KHAIR
Full Member
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Activity: 952
Merit: 108
1xBit recovered their reputation
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May 01, 2023, 05:01:26 AM |
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In my opinion, investment will always be risky because there are many unexpected things, the higher the opportunity for profit, the greater the chance for loss, many people think that cryptocurrencies are the fastest way to success and profit, but the fact is that many people lose money because of wrong predictions .
Yes, it is very difficult to make futures because the crypto market is not stable. But if you invest in the right currency like bitcoin and hold it for the long term, the risk is low and the profit is high. There are many investors who invest greedily without practicing the market, then they are at risk and if they choose the right currency to reduce the risk of investment the profit will be more and the loss will be less. There is no such thing as high return with low risk, if bitcoin is low risk, then why don't you sell all your assets to invest in bitcoin, but only invest with money you can accept to lose? Everything is risky and the future of bitcoin remains a question mark. Don't be too subjective and blind when investing in bitcoin.
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chrisculanag
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May 01, 2023, 05:22:20 AM |
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For me, investing is at the right time, it is necessary to study the possibilities. Such as loss and sudden loss. It is not necessary to pour all your money just to invest but divide it or invest only when you have extra money and think that you are only saving by investing.
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Davian144
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May 01, 2023, 09:28:48 AM |
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In my opinion, investment will always be risky because there are many unexpected things, the higher the opportunity for profit, the greater the chance for loss, many people think that cryptocurrencies are the fastest way to success and profit, but the fact is that many people lose money because of wrong predictions .
In such a case, the mistake lies in the mindset that cryptocurrency is the fastest way to succeed, because logically, many people will succeed easily if cryptocurrency can make everyone achieve their success. Even though there are indeed some people who are successful with cryptocurrency so that it has always been used as a real example by many people until now, the other problem is that those who are happy with this example start to forget about other examples (people who lose) that also occur in cryptocurrency.
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Suzume
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Merit: 26
Be Happy ☺️
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May 01, 2023, 01:47:29 PM |
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Those of you who invest are aware of the fact that the price of Bitcoin cannot be predicted in any way. Not really applicable to assets other than cryptocurrencies. Some prophecies may or may not match. All predictions are not always correct because the people who make predictions are looking at the past movements of the common bitcoin to set a price. Those who are investing always do proper analysis towards the market and then invest. You can see the fact that those who invest in Bitcoin wait for the Bitcoin bear market and then most of the investors invest. If you look closely, you can see that the 2022-2023 bear market is much shorter than the 2018-2019 bear market. You said that Your friend investment of $2000 has suffered a loss and that $2000 has turned into $400. If you don't observed the issue of Bear Market and Bullrun well then you can suffer the same loss.
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GigaBit
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May 01, 2023, 02:18:22 PM |
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There is no best and safest period for investment, when the market looks promising then we should never think that the market will not drop, in fact the chance for a market drop is higher when the price is rising, conversely when the price drops then buy immediately so there is a chance to see the price skyrocket Again.
Any investment is risky. Those who are willing to invest by taking this risk are suitable for investment. Those who can take risks are on the verge of success. But I think Bitcoin is quite effective as an investment platform. Bitcoin is currently in a temporary downtrend, but it will change direction again. Those who can exploit this opportunity are more likely to succeed in their investments. Who are waiting to buy from the dip may have to wait a while. However, according to the price of Bitcoin, this is definitely positive environment for investment especially for bitcoin.
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Kadal Ijo
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May 01, 2023, 02:44:38 PM |
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I think the current investment is very risky, when the hope that the market will continue to rise turns out to be stuck at the price of $ 30k, even slowly the price is getting away from $ 30k and currently it is only around $ 28k, but if we don't dare to take risks then we will not get profit so that whatever risks occur, we must have the courage to face them.
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Wend
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May 01, 2023, 02:52:42 PM |
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In my opinion, investment will always be risky because there are many unexpected things, the higher the opportunity for profit, the greater the chance for loss, many people think that cryptocurrencies are the fastest way to success and profit, but the fact is that many people lose money because of wrong predictions .
To put it bluntly, cryptocurrencies are the get-rich-quick route. You, me, and everyone are willing to take risks to invest in bitcoin just for the sake of getting high returns in a short time. Without the get-rich-quick mindset, we could have invested in gold and real estate instead of volatile and risky assets like bitcoin. No one wants to risk, losing in investment, but because we want to have a lot of money, we invest in crypto, it is a harsh truth, but I believe many people will not dare to face it.
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Unbunplease
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Activity: 1806
Merit: 1159
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May 02, 2023, 10:20:47 PM |
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In principle, it is never too late to invest. The main question is how long you are willing to wait. And whether you are ready to survive the moment when your portfolio begins to rapidly diminish. At that moment, you want to sell everything - and, by the law of meanness, you sell everything at the moment when the market starts rising again.
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ChiBitCTy
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Activity: 2282
Merit: 3016
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May 02, 2023, 10:51:00 PM |
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When I first bought bitcoin is was $200 a coin. It was highly "risky" then, it is highly risky now, it was highly risky when it was at 40k, 50k and 60k...my point being it's going to be a highly risky/volatile "asset" for a long time to come. Just like with anything, the higher the risk, the higher the reward..so invest what you can afford to lose and utilize a DCA/Dollar Cost Averaging strategy and you'll be just fine.
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Hamphser
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May 02, 2023, 11:35:11 PM |
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In my opinion, investment will always be risky because there are many unexpected things, the higher the opportunity for profit, the greater the chance for loss, many people think that cryptocurrencies are the fastest way to success and profit, but the fact is that many people lose money because of wrong predictions .
To put it bluntly, cryptocurrencies are the get-rich-quick route. You, me, and everyone are willing to take risks to invest in bitcoin just for the sake of getting high returns in a short time. Without the get-rich-quick mindset, we could have invested in gold and real estate instead of volatile and risky assets like bitcoin. No one wants to risk, losing in investment, but because we want to have a lot of money, we invest in crypto, it is a harsh truth, but I believe many people will not dare to face it. Whether you do have that kind of belief in mind about getting rich with Bitcoin, yes it could be that possible but in todays worth or value then you should really be investing a significant amount of money for that kind of target.If ever you would really be that having consideration in mind then you should really be that at least having that realistic approach.When it comes to investment calls then it would really be your your own jurisdiction on whatever you would really be doing. Invest on bear markets would really be that tough and this would really be a test of faith towards your investment. Its risky but it is really that part of the process.You wont really progress out if you wont be progressing out but if you take up some risk then you could have the chance on making yourself do able to hit up the spot but of course the chance of losing is there but you wont gain nothing if ever you wouldnt really be moving. Its up to someones call and decision when it comes to this.
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axxo
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May 03, 2023, 02:50:59 AM |
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The bitcoin price will change based on the demand in the market,People with more trading knowledge will use the dump to inverse the money.Because they know the price of bitcoin is not the stable one,the price itself increases to good value with a certain period of time.If you inverse in the good crypto currency,their is no possibility for the loss.Only you need to hold for the specific period,then the price itself pump above the current value.So the investors had a good chance to get back their money with some profit.When your friend money may visible as 400$,when the market pump back to old value.The price determines the demand for the coin,So if your friend invested in the bitcoin.He had no need worry for the dump in bitcoin price and your balance.
That is true bitcoin price is based on the demand on the market. The higher the demand the higher the price will be the value. Dumping is already normal to the people who have knowledge in trading because dumping is a way to take profit out of your investment. Bitcoin price is not stable along with other crypto currencies it might go up drastically or it might go down. When the price goes up many investors will take profit and will wait again for the price drop and re invest again. That is already a cycle to a lot of investor. We should always watch on the market and evaluate the price to be more familiarize on the market flow.
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bitterguy28
Full Member
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Activity: 2030
Merit: 181
★Bitvest.io★ Play Plinko or Invest!
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May 03, 2023, 03:31:51 AM |
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From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping. We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.
Hold on, but if you must buy now be wise to use spare income.
then you are completely wrong , because if you managed to Buy the day you posted this and waited for a month then for sure you'll earn at least 30-40% of your total investment or even more. from 15k look how much bitcoin broken this past month of April? this is the problem if we are only looking in Bad side and not the better one.
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Sebas.tian
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May 03, 2023, 03:54:04 AM |
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Yes, this period is to hold your coins because it look like the bullish season is about to remain stable through out this season, to allow those that took the risk to purchased coins when the price of coins was low in the market. I believe, before the end of this month of may, many holders will start releasing their Bitcoin for sale, because the price of Bitcoin is about to increase higher for long term investors and short term investors to make a huge amount of money from their investment. That your friend that invested $2000 when the price of Bitcoin was $18,000 or $19,000 some years ago, I think he will definitely achieve something good from his investment before the end of this month because the price of Bitcoin is preparing to hit $40,000 soon.
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AicecreaME
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May 03, 2023, 03:56:05 AM |
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It's the exactly opposite.
When the price of Bitcoin is low, it is the right time to invest your money on it. Bitcoin has proved a lot to everyone of us, doubters are the one that has to prove something to Bitcoin. Risk is always involve in our everyday lives, without it, we are not going to grow or gain anything that we wanted or need. If you really wanted to invest your money in Bitcoin and already experienced bear market once, you don't need to be afraid anymore, you just invest right away when opportunities come.
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xSkylarx
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May 03, 2023, 04:04:09 AM |
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From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping. We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.
Hold on, but if you must buy now be wise to use spare income.
then you are completely wrong , because if you managed to Buy the day you posted this and waited for a month then for sure you'll earn at least 30-40% of your total investment or even more. from 15k look how much bitcoin broken this past month of April? this is the problem if we are only looking in Bad side and not the better one. This is really the problem on waiting on buying dip because they eventually missed the train because they are trying to find the dip and again they thinking without any basis that the price drops. So now someone regereted it not buying it that time as the price right now are huge and you'll already gain massive profits. If ever you have a chance to buy it then buy it since we dont know if the price will skyrocket and you wont see any dips on it
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