Don't be intimidated

[Xampeuu]

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.

sometimes there are also people who have analyzed and researched, and have found a buying area, but they can't wait to enter the market, so they are in a hurry to enter the market. this is because you don't want to miss the moment, if the price doesn't touch the area that has been set. Cases like this are a disease where we don't have the patience to wait, and don't believe in ourselves, so that when taking profit it will be the same as doing the same thing

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[Crypt0Gore]

It's pretty hard to believe that people can invest in Bitcoin for show off, the show off only begins when they earn money, not before, even if they sell their properties to buy Bitcoin, there will still be a part of them that have the fear of losing their money, so what is here to show the world when it's still a work in progress? It's a big risk that many can't even think of doing using their properties.

I am in no where supporting selling your properties, it's a good way to get more money but it's a strategy that belong to a self made millionaire, they always have many properties, and they are different from those who have one property.

[Issa56]

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

Most newbies are always in rush to make investment in bitcoin, some of them don't really understand what bitcoin is really all about, but because they see their friends or they see it on social media that people are making money, they will be intimidated and they will also want to rush into bitcoin investment without knowing the risk associated with it.

From your post you said newbies shouldn't rush in selling properties or investing all their money, that's a nice advise for newbies, but the advise is not only applicable to newbies alone, even if you have being in crypto for long time, its not advisable to sell properties because you want to invest in bitcoin, and its not advisable to invest all your money in bitcoin, invest only part of your savings. Anything can happen at any moment which might end up affecting you if you sell your properties or you invested everything you are having.

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 are planning to invest in bitcoin and you want peace of mind, then its better you invest any amount you can afford to lose, invest only your spare money that if anything happens to it, then it wont really affect you.

[BD Crypto]

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 saw a several threads about Bitcoin investments from beginners. Some asked that he has 20k $ and asking where to invest and some says he invested by selling his wife's jewelry. Also I saw some are investing with his fathers pension money. Some people are too risky that they are investing by taking loan from the Bank.

I think most of them are  doing showoff or maybe a trick of merit phishing. No one will recommend to invest your all assets to Bitcoin because it's still illegal and too much volatile. So if something bad happens unfortunately they might loss their principal too. And if Bitcoin take too much time to pump then how they will pay Banks monthly? By observing about the pros and cons I will suggest to invest as much as you can afford to loss and if you want to take more risk then invest in part by part.

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.

You are taking about a strategy of trading but investing in altcoins in long term are even more risky. Many projects will make your portfolio negative. So try to stay far if you want to be safe and focus only in Bitcoin for long term.

[inthelongrun]

...in other words make investments with free money...

Seriously OP? I mean, this is possible because there is a chance that we can work for it especially if we have the skills. But you forgot that you are giving advice to newbies here. So how exactly are they going to invest with free money? Even very programmers or community organizers need crypto experiences in order to get hired.

The other pieces of advice are very important although I keep hearing them a hundred times on Bitcointalk and other social media platforms like Facebook. I also prefer listening and reading advice from high-ranked and well-experienced members here rather than new members spamming topic after topic from their research that are also mentioned and tackled many times here in Bitcointalk.

[Ojima-ojo]

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

I don't think there are investors in that category who have to sell their valuable to buy bitcoin,  if there are any in such category,  it the worst form of self-obsession and it can lead to disaster in the long run.


No one need to invest in bitcoin under due rest and if there is anything to know before investing in Bitcoin it should be in the being aware of the risk associated with Bitcoin as an investment.

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 holding

I am sure this is what other investors here do

It is better to always buy low and sell high so when the best position to buy Bitcoin shows up,  one should not make the mistake of missing the opportunity to buy at the discounted price.

[MFahad]

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.

yes exactly lots of projects are scam therefore before choosing any project one should get knowledge about it and about its exchange on which it is listed. Those individuals who earn money have complete knowledge and they know how to take decision and when to move forward and when to keep calm.

 Some people doesn't wait and they think that they will earn without hardwork and in a matter of seconds but they are wrong. On the other hand people does not get benefit and wait more and more that their will increasing more than this so this greediness is also a bad habit which negatively effects the profit.

[Blitzboy]

Bitcoin investment, like any other, requires a risk-assessment framework. But this doesn't inherently mean Bitcoin is riskier. Rather, its a novel asset class with distinct characteristics.

The suggestion to 'invest with free money' can be misleading. It insinuates that Bitcoin investment is a speculative gamble. In reality, its not significantly more volatile than some traditional investments when adjusted for potential returns. 'Free money' implies a disposable income you don't mind losing. Yet, all investments carry risk.

However, Bitcoin, being decentralized, provides unique advantages: hedge against inflation, high liquidity, and independence from traditional banking systems. Blockchain, the underlying technology, has immense future potential. Therefore, I'd say invest in Bitcoin not with 'free money,' but with 'smart money,' meaning, after diligent research and risk assessment.

[bettercrypto]

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

It's true that before deciding to invest in Bitcoin, you should know it well first, it's as difficult as jumping into an investment that you don't even have an idea about Bitcoin. These are just some of the important things that a capitalist should do in reality.

So if you are going to enter trading here in the field of Bitcoin you should also study to understand this matter, not just because someone told you it is good but instead you should really learn it because you really need it do.

[kotajikikox]

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

have been reading this same advises over and over , to never risk what you cannot afford to lose and that is how why our savings must never be put in bitcoin because there are other occasions that we need to spend in the future and also bitcoin will not be spend in those times.
let us differentiate our bitcoin investments from our savings because they will serve us differently .

It is true that there is never a rush to invest. Because work that is done in haste is never good. Those who have adequate understanding of the market will never be in a hurry to invest. But the opportunities that come with investing should not be missed. That is, you understand that if you invest in this period, you can earn several times the profit, the moment we should invest in that period. But selling your property in a hurry and taking a loan from the bank should never be done.

Investing rush is stupidity mate .
because your money will never be saved if there is a rush from our decisioning .

[lixer]

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

Even in the real world when people think of investing in something, they don't do it with the money or belongings that they cannot afford to lose, like selling your house only to make an investment, what if it doesn't work out and you lose all the money or at least a portion of it? You will lose your house and will be compelled to rent a place to live in which isn't an ideal situation for anyone, the same goes for investments in Bitcoin.

You don't need to sell your belongings or valuable items only to invest in Bitcoin, if you believe in it, just invest what you can afford to do which if you can't withdraw soon won't affect your life at all. If you believe you might need the money next month or the month after, better not invest it.

[JoyMarsha]

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

What would be the point of investing in bitcoin if the only goal was to impress forum members who didn't care about your background? Similar to investing in bitcoin anonymously, all of us have assumed unknown identities while participating in this forum. Therefore, whatever Bitcoin you appear to have in your portfolio is your business. Nobody usually gives a damn or treats you like a hero for that.

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

Here (forum), the main piece of advice has been to invest any spare money in bitcoin. We cannot all predict the price of bitcoin in the future, and bitcoin did not promise riches to those who invested money they cannot afford to lose.

[red4slash]

Investing especially in bitcoin is not something that should be made as a real show-off because it can invite bad people to lurk around you.
But on the other hand when they intend to sell some property with the aim of investing it is not something wrong as long as they have some unused property and want to replace their investment material.
If you're investing just to impress people, I think that's ridiculous.

[ancafe]

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.

I agree with you that educate yourself about investing is much better than forcing yourself to get involved in investing without bringing any knowledge in it. Beginners are too quickly satisfied with some of the news they hear outside, so they try to get involved in investing even though they do not have basic knowledge, but in the end they have to give up when market conditions experience a sharp decline.

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.

That's how volatile the price is and bitcoin cannot be predicted with accuracy because it could go up or down under certain conditions. Investing all savings in bitcoin can disrupt financial stability because when a sharp decline occurs for a long time, it will affect financial conditions and make us sell the bitcoins we have at the wrong time.

[mich]

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 that is really good advice for new investors wanting to invest in Bitcoin. I just think for how many new investors sold his house when price of Bitcoin was twice what the price is now. They are in alot of trouble for doing this.
There was people saying to be homeless and buy Bitcoin. Not a good idea ever to do. And not a good idea to invest your life savings or more then you are able to lose.

[Promocodeudo]

The most significant thing to do as a beginner in Bitcoin is to acquire knowledge of how it functions and how reliable the system is, don't be in a haste to invest, be yourself, no time is late, whenever you invest in it, is your own time, don't sell anything you see as a valuable asset for you to invest, but if you deem it necessary to do so that's your detriment, my advice for you is that you should invest with the money you won't be needing in the next 5years, don't be carried away with the information you get, just make more research to know when is the time to invest.

Knowledge is the foundation of the Bitcoin journey, so avail yourself to all the opportunities that comes in your way when seeking this knowledge, but most importantly follow your instinct.

[Silberman]

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 someone out there is actually taking life changing decisions like that just to try to impress some people they do not know on a public forum then they have a lot of undisclosed and untreated issues, any investment decision needs to be taken objectively, we must invest in an asset once we have decided after a lengthy and profound analysis that this is the best move we can make at the moment, any other factor should be secondary or not count at all.

[blackened515]

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

It's a simple strategy,  wait for bitcoin to dip, buy and wait for the bull season to come, then triggered sell option, is as simple as that?
Money ought to be utilized in more important functions, I'm not in a hurry to invest in bitcoin, I take my time to spot out good beneficial e tries and hits the market with almost everything I could place my hands on, because I'm confident on a single trade. Selling valuables for the purpose to invest in bitcoin is completely out of the plan, I would urged my colleagues that are desperate to invest in bitcoin should take time and map out good time, specifically when they noticed good entries in the market, it might be other projects.

[Victorik]

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

For the records, you are impressing no one if you decide to  put all your entire life savings on Bitcoin investment. If it turns out good, it will benefit you and you alone,.so why even try to impress anyone.

BTW, when making investment in BTC ensure that it's something that will not give you a HBP when it goes south.

[_BlackStar]

-snip-

It's a simple strategy,  wait for bitcoin to dip, buy and wait for the bull season to come, then triggered sell option, is as simple as that?

Of course - it's very simple, but are you sure that it will be easy for practice an unexperienced user?
Strategy is easy to say - but not so easy to put into practice. Even seasoned investors still have to do their analysis to find the best time when they want to make an entry, so how is the strategy going to be as easy as you'd expect an inexperienced user to make?