Positive thoughts and attitude towards Bitcoin.

[Mpamaegbu]

When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.

With just that one you got the right mindset going into this industry. So many people believe it's all rosy once they invest as if Bitcoin is immune to losses. No, it's not. The only thing is that its losses are highly minimized if one makes the investment on a long term. In fact, since its creation Bitcoin has been on an upward move till date. Finding a comfortable entry point and buying is the key thing going into Bitcoin investment. I must say you picked a nice entry on the hindsight at below $18k. You're in profit now but will be in greater profit if you wait till after halving in 2024.

[landheer]

investing in btc certainly has risks because investing in btc has the potential to get profits and has the potential to get losses. but in my opinion you are very lucky because you have bought btc at a cheap price and now the price of btc has increased, so if you are selling btc now you will definitely benefit because the price of btc is now rising in price. but if you want to save btc for the long term, of course it will be better, especially since there will be a BTC HALVING soon.

I hope your investment goes well.

[Blitzboy]

Firstly, compliments to your forward-thinking and business spirit. I admire your drive and ambition that led you to first bootstrap your tiny farm and then go headfirst into the digital currency market. You should follow the road illuminated by the principle of prudent risk-taking.

Your confidence in Bitcoin mirrors mine. The blockchain technology that underpins Bitcoin has vast untapped potential. Its a novel method of guaranteeing openness and cutting out the need for intermediaries, not just a digital currency.

Concerning the possibility of risk , I agree wholeheartedly. Life is fraught with peril. In truth, life without any dangers would be boring and dull. So keep up your bold spirit and adventurous spirit! You're making smart moves, and I hope they pay out for you.

[TheGhostMan]

From the time I studied in class eight, I used to take money from my father, uncle, elder brothers on the occasion of religious festivals. After few years I kept saving money and with the saved money I started a quail and pigeon farm. After two years of service I got a fairly good benefit from them. One day I got to know about Bitcoin by meeting an elder brother while visiting a place. After learning about Bitcoin, my curiosity increased and gradually I tried to learn more about Bitcoin and became attracted to Bitcoin. A few months ago when the bitcoin market was 17 thousand USD I invested 80% of the dividend in the bitcoin market and I still hold it. When I do any work, I trust the right thinking and decision of my own morale towards that work. I think Bitcoin will be more valuable in the next few years and maybe it will reverse but I have confidence I hold it. When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.

         It is understandable that you feel happy and satisfied because you made the wise decision and congratulations on that friend. However, in the world of Bitcoin, volatility is something to consider. Even if you have made a profit, it is essential to maintain an entrepreneurial mindset and not have regrets in case the Bitcoin price takes a significant drop. You have the opportunity to benefit from market turbulence as an investor by exercising caution, taking calculated risks and acting strategically... there is a phrase that I really like and I think I will never tire of saying it "THE WHO DOES NOT RISK, DOES NOT WIN" I feel that apply to you right now  . Another piece of advice I could give would be to keep a positive outlook and be willing to adapt to market changes if you want to be successful in Bitcoin trading. I go back and repeat, you have to be aware of the graphs, news and current affairs that may have an impact on the price of bitcoin. In this way, you could maximize opportunities in the fascinating world of cryptocurrencies. It's about patience and perseverance and, above all, maintaining a solid strategy and being prepared to make informed decisions.

[Minhxx]

From the time I studied in class eight, I used to take money from my father, uncle, elder brothers on the occasion of religious festivals. After few years I kept saving money and with the saved money I started a quail and pigeon farm. After two years of service I got a fairly good benefit from them. One day I got to know about Bitcoin by meeting an elder brother while visiting a place. After learning about Bitcoin, my curiosity increased and gradually I tried to learn more about Bitcoin and became attracted to Bitcoin. A few months ago when the bitcoin market was 17 thousand USD I invested 80% of the dividend in the bitcoin market and I still hold it. When I do any work, I trust the right thinking and decision of my own morale towards that work. I think Bitcoin will be more valuable in the next few years and maybe it will reverse but I have confidence I hold it. When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.

What year do you mean , as far as I know bitcoin first hit 17k in 2018, if you buy since then you are worth the effort. Hold bitcoin for longer, no one will be able to mine bitcoin in the future and it will be rarer

[Bazzu]

When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.

With just that one you got the right mindset going into this industry. So many people believe it's all rosy once they invest as if Bitcoin is immune to losses. No, it's not. The only thing is that its losses are highly minimized if one makes the investment on a long term. In fact, since its creation Bitcoin has been on an upward move till date. Finding a comfortable entry point and buying is the key thing going into Bitcoin investment. I must say you picked a nice entry on the hindsight at below $18k. You're in profit now but will be in greater profit if you wait till after halving in 2024.

According to I ALSO think the op's decision to invest in BTC is the right decision because the op already knows the risks of investing in BTC because one of the investment capital for mentally is knowing the risks,
yes, also agree with that because I also think the op will be even better if the op sells btc when the price is high such as during the BTC HALVING or during the next BUL RUN that way the op has the potential to get big profits.
but the decision rests with the op.

[Crypt0Gore]

You understand the risk, that's all that matters OP, and also you got in at the right time, I doubt Bitcoin will ever see 17,000$ again, I believe that is a case closed for this bear market, if you have a good job I will advice you to keep accumulating, what I've learned in crypto space when it comes to accumulation is to always have some money set aside for opportunities, we are not out of the bear market yet, if BItcoin head down to let's say 20k how are you going to take the advantage again? So always have some USDC in your wallet for possible future opportunities.

You are in good hands since you understand the risks, it feels great seeing a newbie taking this risk as an opportunity, if you can hold firmly you will be happy with your decision in a few years from now.

[Nrcewker]

I really loved your positive attitude towards bitcoin. We need more people with similar mindsets. Everyone needs to understand that any sort of investment has risks. So whenever you are investing, you should be prepared for losses. I am promising you, OP, that you won’t regret your investments. Bitcoins have literally grown from zero into a world-famous digital asset. So definitely, in a few years, you will see a huge amount of profit from your investments. Good luck for your future.

[Rockstarguy]

investing in btc certainly has risks because investing in btc has the potential to get profits and has the potential to get losses. but in my opinion you are very lucky because you have bought btc at a cheap price and now the price of btc has increased, so if you are selling btc now you will definitely benefit because the price of btc is now rising in price. but if you want to save btc for the long term, of course it will be better, especially since there will be a BTC HALVING soon.

I hope your investment goes well.

I don't really see any lose in bitcoin,  for me their is no lose in bitcoin as far as one has made up his/her mind to hodl Bitcoin till when the market increases in volume. Bitcoin can only be risky for people who are not sure of their investment because they have already targeted a specific time of making profit from their investment and when   the market is not going the way like they already predicted they sell in panic and lose their money. For those who are sure of bitcoin and are capable of hodling until their investments become profitable don't take any risky.  It is  always risky for people who want  to make money fast from bitcoin.

[justdimin]

You understand the risk, that's all that matters OP, and also you got in at the right time, I doubt Bitcoin will ever see 17,000$ again, I believe that is a case closed for this bear market, if you have a good job I will advice you to keep accumulating, what I've learned in crypto space when it comes to accumulation is to always have some money set aside for opportunities, we are not out of the bear market yet, if BItcoin head down to let's say 20k how are you going to take the advantage again? So always have some USDC in your wallet for possible future opportunities.

You are in good hands since you understand the risks, it feels great seeing a newbie taking this risk as an opportunity, if you can hold firmly you will be happy with your decision in a few years from now.

That's the most important point, it is not going to see that type of bottom again, I can't see bitcoin ever being under 20k ever again, not just short term but ever in history bitcoin would see under 20k again, not in our life time I guess.

Of course there is a risk that something much bigger comes out and bitcoin is old news and we do not use crypto anymore, in that case I can agree that there could be some situation and we would live in a world where it is going to hurt a lot, but that doesn't mean that we are going to see it work well, it is just a risk they are taking. So all in all, bitcoin being high now means that people who bought lower will end up constantly be in profit, as long as you hold your coins, you will grow your profit.

[gunhell16]

What year did you buy Bitcoin for 17k$ was it this year? or between 2018-2022? Because if you bought in 2018 and above, it can be said that if you sell it now, it will be a profit of between 92-95% for sure of the capital you used in it.

Second, did you buy a large amount of Bitcoin? In addition to that, I am also impressed with the eagerness you have shown in seeking to learn and learn about what Bitcoin really is, and from what I have seen, you have not made a mistake in trusting it, honestly dude. That's why I advise you to hold it until the bull run returns next year.

[JoyMarsha]

I think Bitcoin will be more valuable in the next few years and maybe it will reverse but I have confidence I hold it. When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.

There is risk involved in investing in any investment tool but   I do think bitcoin investment is worth taking the risk since there is a possibility that the price of bitcoin would be more valuable in the next few years due to its price history that has occurred. if the crypto investor chooses to hodl bitcoin more than not to sell it off, he will be at profits not at a loss at the end

[Rabata]

Investing in cryptocurrencies is risky, I don't think it is risky when one decides to invest in Bitcoin. Because those who use Bitcoin as an investment tool they normally invest in Bitcoin from a perspective of long-term plan. Investing in alt coins carries a lot of risk and the possibility of being accused of any kind of irregularities where Bitcoin free form those issues. If you can trust Bitcoin to fulfill your goals then you can definitely become a true Bitcoin investor. In my opinion an investor should make a reliable investment that can minimize his risk level and there is no better option than Bitcoin.

[Wildwest]

This is the attitude that we must fulfill when investing, because the value of Bitcoin is always up and down and we don't know what the future of Bitcoin will be, so we can hold on to the journey of Bitcoin for the past few years and everything is always increasing, so those of us who have invested must be ready to take every risk that exists, and this is a very valuable investment because Bitcoin is an asset that is very different from property or stocks so we all Must have a belief so as not to be tense to face the situation like today.

[cheezcarls]

Regardless of what they are thinking about Bitcoin, I remain positive into it. Not because of the price alone, but with its underlying technology where it is the first ever cryptocurrency that gives us the opportunity to experience borderless payments and free from intermediaries.

On top of that, I give full credit to Bitcoin for making the crypto and Web3 evolve for so many years that resulted to many altcoins like ETH, XRP, BNB, MATIC, etc., as well as the NFTs, DeFi, metaverse, etc.

Without Bitcoin, these ones I have mentioned won't exist today.

[Eternad]

Regardless of what they are thinking about Bitcoin, I remain positive into it. Not because of the price alone, but with its underlying technology where it is the first ever cryptocurrency that gives us the opportunity to experience borderless payments and free from intermediaries.

If only technology we are talking I think there’s a lot of blockchain project that is far ahead on Bitcoin blockchain. I believe the main feature that makes Bitcoin more valuable that other blockchain tokens that has better performance is Bitcoin blockchain is the only decentralized blockchain since there’s no team behind it that controls the development of Bitcoin instead it’s a community decision on how Bitcoin will move forward wince Satoshi is not active anymore.

Being the first Blockchain and a complete decentralized blockchain are the feature that makes Bitcoin valuable in long term.

[erep]

I think Bitcoin will be more valuable in the next few years and maybe it will reverse but I have confidence I hold it. When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.

I really appreciate that OP understands the risks of investing in bitcoin but one important thing is that investing in bitcoin does not promise future profits, I need to remind OP that investing in bitcoin is only from funds for investment use or reserve funds, if he has used 80% dividend funds it will not be effective for use bitcoin investment even though he gets high profits because he is lucky to buy when the market price is bearish, but if the opposite conditions the market price decreases lower than the purchase price, I think he is not ready to lose dividends even though he has previously known the risks.

So you have to be wise in making bitcoin investment decisions, think about these wise words "don't put your eggs in one basket", so use more investment diversity strategies and you are free to manage investment management, for example setting up a 50% option for bitcoin investment and 50% use for a combination of property and gold investment.

[Dead_Zone69]

That's great to hear that you're interested in investing in Bitcoin! It's important to note that investing in Bitcoin, like any other form of investment, comes with risks. Bitcoin is known for its volatility, meaning its price can fluctuate significantly. It's essential to do thorough research, understand the market trends, and consider factors such as your financial goals, risk tolerance, and investment horizon before making any investment decisions.

[SOKO-DEKE]

As you have claimed to have acquired good knowledge about bitcoin before investing in it, that really a great first step every newbies always need to consider before investing their money in anything. and according to you, it is your knowledge has persuaded you that Bitcoin is worth investing in and that you are willing to accept the risks associated with it.given that you are aware of the risks involved in bitcoin, I can safely say that you will never invest money that you cannot afford to lose.

Seriously though, you did a great thing by buying bitcoin. If you can hold on for a while and have the patience to wait it out, I think the price of bitcoin will go up eventually, especially once we see the next bull run that we anticipate taking place next year. To help you feel more confident about your investment, I'll merely say that you should keep learning by completing more research.

[Viscore]

Your mindset and positive attitude OP will lead you to a successful investment with bitcoin. Bitcoin is a long term investment so always prefer to hold while its value is still promising and has high opportunity to appreciate in the future. And it’s actually an advantage that you have prior knowledge about bitcoin and has developed your faith in it, as bitcoin investment requires more patience and understanding so you will be able to sustain the growth of your investment.