Investment in bitcoin

[Dr.Bitcoin_Strange]

Snip

I find it difficult to understand the whole thing you are trying to relate based on what I have initially said. But perhaps you said you thought about how you could get one Bitcoin after you joined the forum, and if you had had the money to buy Bitcoin when you were trying to earn it for free, perhaps you would have bought one or more Bitcoin. By the way, if you are someone who is living on a steady monthly income and you wish to expand your source of income, that's when investing in Bitcoin comes to mind or even to invest in other things, because that's just a good start but depends on how educated you are about Bitcoin or investing. There are people who also invest in Bitcoin for no reason, and if they manage to take a few quick profits, they are off to squander the money. So what I am saying is that Bitcoin doesn't really make everyone think about how to expand their financial income.

[DiMarxist]

All the crypto market is based on bitcoin, whenever bitcoin goes up, the whole market starts going up and when the price of bitcoin goes down, the whole market starts going down.From this you can imagine the importance of Bitcoin in the crypto market. All cryptocurrency have some level of risk, but Bitcoin is the only cryptocurrency that the risk is dawdling. Bitcoin investments is patient, and endurance, just be patient and be a long-term holder. Involved in the risk, have the knowledge of bitcoin investment and understand the bearish and the bull runs.

[southerngentuk]

Bitcoin and other cryptocurrencies have become increasingly popular in recent years, and they have certainly served as an entry point for many people to start investing. However, it's important to remember that there are many other options for investing and building financial stability, such as stocks, bonds, mutual funds, and real estate.

Regardless of the investment avenue chosen, investing is a critical part of achieving financial stability and building long-term wealth. It's important to start early, stay informed, and make informed decisions that align with your personal financial goals and risk tolerance. By doing so, you can increase your chances of achieving financial security and independence over time.

[JoyMarsha]

What's the point of this thread?
Title is totally different from the entire content. If you were to be wearing signature like I do I could have assumed you are just creating topics just to fill up your weekly signature post. If I'm to ask what's  exact information are you trying to pass to us. Most people already know how Bitcoin transaction works, miners down to the confirmation of blocks etc.

Edit: OP edited entire thread why I was typing my reply...

I thought am the only that has noticed it, I don't know that am not the only one that has noticed OP posts.

I've been attempting to ask this question for a while. Why has OP been making post after post after post repeatedly to the point that I keep questioning whether he is the only forum member with advice or questions to ask about bitcoin?

He has only added 28 new posts so far this month, and he added 32 last month (March), totaling 60 posts in 2 months. These posts were all written within a day or a few days of one another.

[wahyuagung26]

Some people make money trading bitcoins in the market, but many people only invest in bitcoins by buying them in every downturn. It also benefits them when they sell their bitcoins at the highest price. And most people who become bitcoin investors make big profits when the price goes up because they will sell it to take those big profits. And investing in bitcoins indeed provides the potential to earn profits if they are long-term investments.

And because of this they carry out the Investment method completely, basically it is an old method that has been passed down from generation to generation in Investment, every Investor must be aiming for a low price to buy it and hold on to reaching a high target price, and this is where they benefit, whether he is a one-time Investor buy or those Investors who often use the DCA technique in investing in Bitcoin, this is the same it's just the quantity that differentiates.

[isaac_clarke22]

~

Yeah kinda confusing when I also read the one you quoted, but I think what he meant was that he could still earn through investment and signature campaigns since back then he still did not have any "reliable" source of income. I would not really rely too much in cryptocurrencies even in Bitcoin when it comes to financial stability. There's so much volatility going on to just feel comfy to it and get stable. It would be appropriate to treat it as another source of income instead like along with you "9-5" job, you would look into your earnings and losses.

I've been doing the same, fyi.

I thought am the only that has noticed it, I don't know that am not the only one that has noticed OP posts.

It's possible that OP's trying to just learn through questions/threads although I would advise the OP (JamesBorn) to keep the posts minimal and just search the question instead in here since I believe there were already plenty of posts like these.

I've been seeing the same OP, ngl.

[Davidvictorson]

Investment in bitcoin can makes you developed reasoning on how to expand your income, most people who do holdings for a long period of time makes enough money at every running of bulls price and they begins to diversified their investment into different places. Some expands to mining, trading and physical business but when you eat you investment at every little price increase or drops you tends to remained statics, holding is a good option no matter the current price. Some people who became big bitcoin investors became it as a result of holdings.

Investing in Bitcoin gas made me financially conscious singley because of the dollar cost averaging strategy. Not everyone intends to hold for trading or other things like diversification. Some people just want to hold for the long term and nothing more than that. So, it doesn't apply to everyone. For the people described above, holding Bitcoin in itself is the profit. Nothing gives them more contentment than watching their Bitcoin wallet increase

[RockBell]

All the crypto market is based on bitcoin, whenever bitcoin goes up, the whole market starts going up and when the price of bitcoin goes down, the whole market starts going down.From this you can imagine the importance of Bitcoin in the crypto market. All cryptocurrency have some level of risk, but Bitcoin is the only cryptocurrency that the risk is dawdling. Bitcoin investments is patient, and endurance, just be patient and be a long-term holder. Involved in the risk, have the knowledge of bitcoin investment and understand the bearish and the bull runs.

The market is driven by Bitcoin, which has completely won over people's hearts for a very long time; as a result, bitcoin always thrives, regardless of the state of the market. Of all the coins, bitcoin carries the lowest risk compared to altcoins, so it is always advised against investing in them, but the majority of people are searching for 100X, ignoring the risk that you might lose all of your money at some point. some coins end up not having a buyer or the team are nowhere to be found, people are always looking for early money instead just buying your Bitcoin and holding it. the good thing is that people are wising up.

[freedomgo]

Doesn't matter what you think. If you invest all your money into something, that's the trait of a gambler straightaway. No questions asked.
Let's not even talk about Bitcoin.. simply think what happens if you go all-in in anything in your life. Like spending all your money on an investment which has been providing good ROI in the past, does it guarantee you any future? No. That's my point.

I think you should get me right first, am not asking anyone to invest all their money, why will you invest all your money in bitcoin or other investments its really wrong, but if you are planning to make bitcoin investment, and you are having money which you can afford to lose, or any amount that if you invest it won't really affect you, then you can make investments all at once, I just hope you will understand me well, am not encouraging or advising anyone to invest everything they are having, it's really a bad idea.

Well, yes, that's why it's common to hear the phrase "only invest some funds that you can afford to lose" or any phrase which contains the same meaning because there are exactly no investments in this world that guarantees its positive outcome. Because if they were, it wouldn't be called as an investment after all, and we won't be hearing some terrible news about the people who lost a lot and was buried in debt after they poured all their resources on a single investment.

[Dr.Bitcoin_Strange]

~

Yeah kinda confusing when I also read the one you quoted,

Yeah, if you read my first reply from where he quoted me,  then you would have a better understanding of what I was really talking about. Bitcoin can help expands ones income, but it's not what makes you think of expanding your income in the first place, because even before you decide to invest in Bitcoin, you already have that desire to make more wealth before you invest. So by assuming and believing that if you invest in Bitcoin, you will make a profit in the bull market, you can use the profit to do other investment.

For example, you are earning $500 per month, and you, being so desirous of more sources of income, decided to invest $200 every month until you have invested about $8,000, and let's say during the bull market, you made a profit of $8000, so you decide to take out $4,000 and invest in real estate or some landed properties. Short story short, you already had plans for expanding your wealth even before you invested in Bitcoin (that's were the argument started).

[Dunamisx]

Investment in bitcoin can makes you developed reasoning on how to expand your income, most people who do holdings for a long period of time makes enough money at every running of bulls price and they begins to diversified their investment into different places. Some expands to mining, trading and physical business but when you eat you investment at every little price increase or drops you tends to remained statics, holding is a good option no matter the current price. Some people who became big bitcoin investors became it as a result of holdings.

You're right that if one hodl for a long time some amount in bitcoin, he will definitely make some profits irrespective of how small it may be, most investors targeted the bullrun and they set in before this begins hodl and sell after they have the satisfaction to do so, everyone want to invest in bitcoin and avoid holding their money in fiat because they have seen the beauty in bitcoin investment and what they stand to benefit.

[Magic-Money]

Bitcoin has come to establish and empower many people across the globe as an business opportunities where you invest, trade and mine Bitcoin and make a lot of profits depends you're strategy using, Bitcoin is a good business, if you know how to trade, by the entry point of investment matter's, because the point determine the profits return.

[raidarksword]

For me investing is not for everyone especially in this type of industry that is very volatile and very unpredictable that's why before investing people should consider the worst scenario before going all in for bitcoin. I don't discourage new people but we all know that bitcoin is very volatile and market as whole. Only people with high risk spirit will have the best results and be rewarded in the end. In investing, always risk money that is extra and always ready to lose money anytime.

[Litzki1990]

Bitcoin has come to establish and empower many people across the globe as an business opportunities where you invest, trade and mine Bitcoin and make a lot of profits depends you're strategy using, Bitcoin is a good business, if you know how to trade, by the entry point of investment matter's, because the point determine the profits return.

The aspect of making a profit in Bitcoin is actually not as simple as we highlight. Yes it is possible to make profit by investing in Bitcoin but not only profit but also sometimes loss of money. But what you said is that success in business is easy if you know the right way of doing business. That's right. That's why we need to know about these things first.  

It is not right to make an investment decision without knowing anything about investment. We hear more success stories from people who adopt the right approach to business. We should always acquire enough idea and knowledge about investment then invest only then we can get profit.

[Sayeds56]

Is it your belief that profiting from Bitcoin is a straightforward task? Bitcoin investment is a common topic of discussion, including for myself. However, in reality, we are purchasing a highly unstable currency that can experience both significant drops and increases in value. Thus, in the event of a price drop, one may suffer substantial losses. It is essential to recognize both the positives and negatives of Bitcoin investing. Failing to do so could lead to financial ruin. To generate profits from Bitcoin's volatility, you must master risk management.

Well said, It is equally important to master technical indicators/charts to make entry/exit at the right time, specially when combined with effective risk and money management strategies. This approach can help to take advantage of market volatility and generate passive income. However, this approach can only be successful if implemented with discipline, patience and  utilizing risk management tools, such as stop-loss to avoid significant loss in case of sharp/unanticipated market movements, and good understanding of market dynamics.

[savetheFORUM]

To be honest Bitcoin is not a place to make money, it's just that it is generated through production in the form of mining. maybe what makes some people get money from Bitcoin are those who invest or gamble, but we are more interested in the Investment path and in general most people who invest in Bitcoin by getting results they do in the long term.

What do you mean by saying that Bitcoin is not a place to make money? Of course, everyone knows that Bitcoin is not a place but a cryptocurrency, and making money in Bitcoin is by trading Bitcoins in the exchanges or simply by buying and holding. I don't really understand why you said that, and how can someone ever think that Bitcoin is a place?

Anyway, it is not necessary for someone to get profits from Bitcoin only by holding it for the long term, one can also do day trading using Bitcoin and get profits on a daily basis, which is also called scalping.

[Twentyonepaylots]

Is it your belief that profiting from Bitcoin is a straightforward task? Bitcoin investment is a common topic of discussion, including for myself. However, in reality, we are purchasing a highly unstable currency that can experience both significant drops and increases in value. Thus, in the event of a price drop, one may suffer substantial losses. It is essential to recognize both the positives and negatives of Bitcoin investing. Failing to do so could lead to financial ruin. To generate profits from Bitcoin's volatility, you must master risk management.

Well said, It is equally important to master technical indicators/charts to make entry/exit at the right time, specially when combined with effective risk and money management strategies. This approach can help to take advantage of market volatility and generate passive income. However, this approach can only be successful if implemented with discipline, patience and  utilizing risk management tools, such as stop-loss to avoid significant loss in case of sharp/unanticipated market movements, and good understanding of market dynamics.

Agree with these, you cannot really be sure that profit will be achieved when hold for long time since a lot of things could happen every year. Yes, we can really use the historical movements of the market so that we can really assess what decisions would be the best so that we can get most of what we invest. Cryptos are volatile in nature, but even though there are uncertainty that is connected to it, I think investing with the strongest crypto which is the bitcoin would somehow give some kind of secured investment since it has proven to stay in the market and also is expected to be of higher price in the future. Indeed, personal assessments is really important in investing with bitcoin so that you can make more profit and minimize the risk of having greater losses when prices shrunk.

[lalabotax]

Investment in bitcoin can makes you developed reasoning on how to expand your income, most people who do holdings for a long period of time makes enough money at every running of bulls price and they begins to diversified their investment into different places.

To be honest, when we want to accept Bitcoin and learn about it, we are already progressing by opening our minds to new things that have the potential to come. Moreover, this is the era of technology, where digitalization has penetrated into various fields. Where at this time investment is also not only in real things that can be touched and held. That's why Bitcoin is something special, especially in that there are extraordinary technological advances, accompanied by open-mindedness about investing in Bitcoin with all the risks. Because after all, investing in Bitcoin is always high risk, so this requires more things to learn and consider, especially when we manage our finances and risks in investing with various risks that we can accept.

[glendall]

getting profit from bitcoin takes a process that is not instantaneous, we need 1-2 years if you want to get more results
and there is also a risk that we will get if we take the wrong step in making buying and selling decisions

[n0ne]

Holding always benefits the bitcoiners. Everyone doesn't have the ability to hold, some used to manage things perfectly and the same lets them hold bitcoin amidst the circumstances. When you've been holding bitcoin it assure with the long term profit. Holding makes the bitcoin to be idle on the wallet, but to the varying market we'll see the difference in the value. It is good when one can learn better about bitcoin and get into the practice of buying low and selling high with what one have invested. It is risky, but it gives us learning as well as helps in increasing the amount of bitcoin in the wallet.