Don't be intimidated

[Awaklara]

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum or putting in your entire savings to purchasing Bitcoin I am not against making Bitcoin investments but
Before making Bitcoin investments always make sure the odds are safe for you  like some members here will say  "" make investments that will not affect you" in other words make investments with free money  except you have more profiting ideas than hodling

I am sure this is what other investors here do

if you want to invest, of course, use money that is free of anything, including savings as a reserve of money when you need it suddenly. so whatever happens will not affect the planning of the investment made.
beginners are too hasty in filling out their portfolios. they say they are setting aside money to buy Bitcoin, but actually financially there is no power that can really help the investment go according to plan. if they need funds for a short period of time they will sell them even if they remain at a loss.
Anyone investing Bitcoin is very risky. it's not as easy as some people say on social media. do it when you are really ready in various aspects.

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[Dr.Bitcoin_Strange]

Before making Bitcoin investments always make sure the odds are safe for you  like some members here will say  "" make investments that will not affect you" in other words make investments with free money  except you have more profiting ideas than hodling

I am sure this is what other investors here do

There is nothing like free money, because every dollar you have is what you want to use to archive one or two things, so it is not free so long as you will feel affected if you lose the money. In my country, there was a celebrity who only had his funds invested in one company; he had no other investments apart from that one, and this dude was a public figure (I mean, he was publicly recognized by a lot of people), but something happened to the company and it collapsed with his money. This celebrity had a heart attack and was rushed to the hospital. His health situation got critical, and he died after a few days. With such an example, that's why it's always advisable to invest in something that will not affect you to that extent; it doesn't mean that the money you are investing is some kind of free money or not. For instance, if your net worth is $100k and you have $10k invested somewhere, $30k invested somewhere, and $50k invested somewhere, if you lose the $10k investment, it will affect you, but not as much as it would had you lost the $100k just on one investment.


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

[MFahad]

Some individuals just hear about the profit and success of bitcoin and they rushes towards it because they think that they will earn money without any hard work but they don't have any idea that what risk factor it possess and how to overcome it.

So I will suggest that if you don't know about something then try to understand about it try to get knowledge first. Everyone knows that bitcoin gives benefit to its holders but it doesn't not mean that you will put all amount of money that you have but it means that you should start with little and then have to use your profit in investment rather than using your amount of daily use.

If you don't have understanding about bitcoin then whatever you do you will never be successful without getting the basis knowledge about it so just focus to keep the basic points in mind prior to put money.

[Mate2237]

You post can just simply be summarized as don’t invest base on the advice you get from the forum or anywhere entirely.

If forum users advise you to invest then I don't see any bad advise from users in the forum. Forum users will not give someone bad advise particularly things like investment. If the area you are trying invest is bad and complain here, experts from that area will still tell you what to do so I will advise you to take advise from forum members because one of the reasons you claim to be here is learning. And if learning bring you here and you refused the advice from the users then your motive is something else. When you are not sure of the explanations from other users about a particular subject then you can make research to do some comparisons. You don't have to abandoned the forum advise, take it along then you be progressive in your stay.

[Yatsan]

Some individuals just hear about the profit and success of bitcoin and they rushes towards it because they think that they will earn money without any hard work but they don't have any idea that what risk factor it possess and how to overcome it.

So I will suggest that if you don't know about something then try to understand about it try to get knowledge first. Everyone knows that bitcoin gives benefit to its holders but it doesn't not mean that you will put all amount of money that you have but it means that you should start with little and then have to use your profit in investment rather than using your amount of daily use.

If you don't have understanding about bitcoin then whatever you do you will never be successful without getting the basis knowledge about it so just focus to keep the basic points in mind prior to put money.

This is how powerful impressions are. Cryptoinvestment are either known for being a fraud or a quick way to be rich, but neither are certain. There are indeed scam projects but not all. There are indeed people who made huge money but not all as well. It will never be right to generalize as we all know. But indeed that is a factor for such misconceptions, to be lacking of knowledge to where you are engaging yourself with. Best thing to do is to invest with knowledge first 'coz you'd be ending up with huge loss from going right off the start. Everything needs time to grow and there should not be a belief that such thing as an easy way to be successful; you have to work hard for it.

[Casdinyard]

I think it doesn't take a rocket scientist for you to realize how flawed the logic of selling your physical properties for bitcoin, especially if you can't afford losing these properties at the same time. This creates a lot of chaos and puts you in a risk so high you'd get dizzy. And while some people live for this kinds of risks and thrive in it too, the average joe just couldn't afford to make these types of magnanimous investments without performing thorough research. So equip yourself with the proper information like what OP's trying to convey right here, and only ever invest when it's something that you can afford losing, and if it's something that will not cause you problems in the future. Otherwise, withhold from investing in crypto as you wouldn't be able to survive the harsh volatile environment that most of us here have accustomed ourselves of.

[Zaguru12]

If forum users advise you to invest then I don't see any bad advise from users in the forum. Forum users will not give someone bad advise particularly things like investment. If the area you are trying invest is bad and complain here, experts from that area will still tell you what to do so I will advise you to take advise from forum members because one of the reasons you claim to be here is learning. And if learning bring you here and you refused the advice from the users then your motive is something else. When you are not sure of the explanations from other users about a particular subject then you can make research to do some comparisons. You don't have to abandoned the forum advise, take it along then you be progressive in your stay.

I think you quoted out the place i clearly said do some research. My post doesn’t say you shouldn’t put the advice from into account but my warning was clearly not to depend or rely on it and then go ahead to invest. Although there are very good bitcoin consultants here with reputation but even them warn against taking invest advice only from forum members because most at times they don’t understand the condition one is in. They just advise base on their perspective. Also forum is where many people put out advice, there people that are solely just to promote some service or coin so should you end up doing it according to there advice then you might end up doing something not right.

The best person to advise you on what and when to invest is yourself. Just learn the basic and fundamental concepts of investing and then apply it base on your own capability

[Fullcoinese]

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum or putting in your entire savings to purchasing Bitcoin I am not against making Bitcoin investments but
Before making Bitcoin investments always make sure the odds are safe for you  like some members here will say  "" make investments that will not affect you" in other words make investments with free money  except you have more profiting ideas than hodling

I am sure this is what other investors here do

yes you're right, in my opinion investing does not only rely on capital and planning, but we also have to be mentally prepared to face risks.
selling valuable assets or property to invest in Bitcoin in a hurry, without any consideration or even without any knowledge is not good and not recommended. before making an investment, we should really make sure we understand the investment mechanism, market conditions and what risks are faced.
although everyone is free to take every risk in the investment they make but sometimes i feel that people who sell their important assets or property to buy Bitcoin are very extreme. regardless of what is told is reality or just made up.

[The Cryptovator]

It is crucial to educate yourself about Bitcoin before investing in it; otherwise, you may experience regret later on. Many beginners believe that they can quickly make money from Bitcoin and hastily jump into it. However, when the price begins to drop, they become distressed and sell at a loss. It is important not to invest in Bitcoin with funds you cannot afford to lose. The future price of Bitcoin is uncertain, and it could either fall or rise. You must be able to handle the risks associated with it, so avoid investing your life savings or jeopardizing your financial stability. Instead, focus on gradually growing your portfolio.

[Cryptomultiplier]

One of the reasons why people become delinquent or criminal is for what we could term as ,'inferiority complex'.
Else, why should someone with their own brain, in their right senses, listen to the crowd and take risks that could cripple their entire life.

Investment in cryptocurrency should commence when one has gathered enough information/knowledge about it. The word 'decentralized', means you are on your own. If you don't have enough knowledge and also because of what people say, you get to sell your property to invest in BTC/crypto, you would be the person to bear the brunt, if the investment is lost.
It is always better to invest in what is easier to understand and know. Just as everyone has their interest and talents.

If you can strive to get the knowledge, your confidence in taking such a risk would be great, and the probability of being successful at first trial of investing, would be positive. Very positive.

[salad daging]

Everyone must have a way of making investments even with hasty decisions because there are rising market trends such as hype or being hit by fomo news which causes them to take direct action without doing further analysis.

A good investment always has a mature plan, they have to prepare even if the money is from our own funds or free funds, they are free to invest in bitcoin as long as they understand what their goals are and need to remember that investing in bitcoin must be with money. those who are ready to lose because of unstable prices, even when selling in an emergency, if the price drops, that should be the risk.

Therefore, a mature plan must be certain considering that investing in bitcoin is long term and you must be prepared to endure it with patience.

[Minhxx]

selling other assets when investing is taboo, it is full of risk, we should manage our capital when investing bitcoin, it can give you quick profit, also can make you lose all fast

[Quidat]

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum or putting in your entire savings to purchasing Bitcoin I am not against making Bitcoin investments but
Before making Bitcoin investments always make sure the odds are safe for you  like some members here will say  "" make investments that will not affect you" in other words make investments with free money  except you have more profiting ideas than hodling

I am sure this is what other investors here do

yes you're right, in my opinion investing does not only rely on capital and planning, but we also have to be mentally prepared to face risks.
selling valuable assets or property to invest in Bitcoin in a hurry, without any consideration or even without any knowledge is not good and not recommended. before making an investment, we should really make sure we understand the investment mechanism, market conditions and what risks are faced.
although everyone is free to take every risk in the investment they make but sometimes i feel that people who sell their important assets or property to buy Bitcoin are very extreme. regardless of what is told is reality or just made up.

It should really be that overall on which it do even includes that common sense and been aware on what are the actions you would be making on which it would really be that normal that there might be times that you would really be making up some rush decisions just because you've been that hyped that much on what are the things that you are currently seeing which is something not suggestable for you to do so. Its true that it doesnt make sense on selling out your other investment just to put up some on other investment but rather it would be wise that you should really be putting up money
with the profit that you do make on other investment so that you would really be able to diversify your investment and make more income if the time comes that both things would really be profitable.
Dont sacrifice the other just to make focus into the new one, we wont know about that certain risks would really be facing onwards.

[qwertyup23]

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum or putting in your entire savings to purchasing Bitcoin I am not against making Bitcoin investments but
Before making Bitcoin investments always make sure the odds are safe for you  like some members here will say  "" make investments that will not affect you" in other words make investments with free money  except you have more profiting ideas than hodling

I am sure this is what other investors here do

I definitely agree with your statement.

Just to add, remember that these are investments no matter how form or shape they materialize. There is no hard-and-fast rule when it comes to investments- they require patience, determination, and care in order to maximize the profits. You cannot just leave all of your retirement savings into one (1) investment mechanism and pray that you would reap all the rewards in the future.

Remember that investing in BTC does not guarantee profit in the future. You still must comply and create all the opportunities in order for profit to happen.

[Rupok]

I totally agree with you and you are right.  Many people do many activities to invest bitcoin like some want to sell house and buy bitcoin some sell land and some want to sell gold to invest bitcoin, it is completely wrong.I think it is never advisable to sell property needed to buy bitcoins. Everyone thinks that bitcoin investment from property gives double profit so everyone invests mainly for profit but that is not a good enough reason to invest. So invest according to affordability so extra.  One should not invest by selling assets due to greed.

[Mauser]

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum or putting in your entire savings to purchasing Bitcoin I am not against making Bitcoin investments but
Before making Bitcoin investments always make sure the odds are safe for you  like some members here will say  "" make investments that will not affect you" in other words make investments with free money  except you have more profiting ideas than hodling

I am sure this is what other investors here do

Selling a property to have money to invest in bitcoin seems like the opposite most crypto investors would do. At least for me and my friends the dream would be to one day buy our own house or apartment with out crypto coins. If I ever manage to save so much money that I could afford my own property I would sell my coins. This would let me save so much money on rent and also be a great protection against higher inflation. As for the savings I agree with you, don't put all your money into one basket. It's much better to diversify and spread out our money across multiple different asset classes. Like that we face lower risks during a bear market that all our assets will drop in value.

[OcTradism]

Selling a property to have money to invest in bitcoin seems like the opposite most crypto investors would do.

You can sell your properties to invest in Bitcoin with plan to get richer with bitcoin. It is good if you have a good plan and if you don't sell all properties you have to invest in Bitcoin.

Because investment is risky and if you sell all properties to invest, you have risk to be homeless if your investment vapors by any reason.

At least for me and my friends the dream would be to one day buy our own house or apartment with out crypto coins. If I ever manage to save so much money that I could afford my own property I would sell my coins.

Me too. However if you have two or three house and only use one, one or two houses are for rent, you can sell them to get money for investment. If your calculation shows that you will have chance to get more money by invesment in Bitcoin rather than passive income you have from renting those houses in a same time like 4 years.

[Adams0001]

The first guideline of trading or investing is to never invest money that you are unwilling to lose. While Bitcoin is currently expanding and many experts foresee a bright future for this cryptocurrency, it is incredibly unpredictable and putting all of your money in it is an extremely risky move. Selling your property and investing in Bitcoin is not a wise choice.

Furthermore, as previously noted, successful investors often attempt to diversify their portfolios, so placing all of your money in one currency is generally not a good idea.

[Accardo]

I don't think anybody is forced to invest into bitcoin, if a person feels pressured by the success stories of other members, they will never make the right decisions for themselves. And it could lead them to make uncalculated decisions. Hence, your advise is valuable, but will rarely make any change for a person with high fantasies for riches and believes bitcoin will take him there in a short period. It's not intimidation, I think such people impose it on themselves and were not able to control their desperation to earn big through bitcoin. Such people, after selling properties, also add bad PR to bitcoin, if their weirdest dreams didn't come through. As a good number of pressured investors don't hold for a long time.

at the end of the day, remember that it is yourself that has the final say to what you will do with your funds. you can read about other opinions and unsolicited suggestions, but you need to be firm about your decision as this may influence your financial stability if you made wrong choices.
i understand, a lot wants to earn big money on this market, however, they will soon understand that there's more to this than meets the eye in this market, once they are losing some of their investments.

For those who rushed into the market, it'll take them some time to realize the truth, especially the ones who don't research or read about the ups and down of bitcoin market. On the contrary many who found themselves in a plunging market may not take the responsibility, they'll always blame it on bitcoin, also discouraging genuine people from investing into bitcoin. Hence, the money belongs to them but they need not to feel pressured or in a hurry to utilize it in a way they're not sure about.

[Nheer]

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum or putting in your entire savings to purchasing Bitcoin I am not against making Bitcoin investments but
Before making Bitcoin investments always make sure the odds are safe for you  like some members here will say  "" make investments that will not affect you" in other words make investments with free money  except you have more profiting ideas than hodling

I am sure this is what other investors here do

Selling a property to invest in bitcoin is a terrible idea especially when its very valuable to you or when you have limited property though Its okay to sell one if you numerous properties but never sell a property when you don’t have enough. There is nothing like impressing anybody with the amount of bitcoin you possess because no matter the amount you have there are always people who have 10x more than what you have so why inconvenience yourself when you can always invest whenever you have money you can afford to loose and also you can invest little by little and gradually your investments grows.


When you invest with assets you can't afford to lose or money you can't afford to lose, you won't feel at ease. You'll constantly be watching how bitcoin is performing on the market, and whenever it declines, your mind won't be at ease. This could have a negative impact on your state of mind, which is very bad for investors.

It is essential to understand that no one cares about what you have put in Bitcoin; so, do not invest with the intention of showing off without conducting any study into what you are investing in. Even if you are investing in Bitcoin, be sure you understand the fundamentals behind what you are doing and do not invest with the intention of making quick money.

There is no point in attempting to impress others or brag about how much you have invested in bitcoin because, regardless of how much you have invested, there will always be people who have invested more than you and, conversely, there are people who have invested less than you. This is because God obviously did not give everyone an equal amount of wealth in this life. The only thing that matters is to invest and ensure that you can profit from your investment.