Bitcoin: risk nothing, you're risking more

[Slow death]

I cannot understand why people continue to depend on friends to do certain things when there is a lot of information on the internet and even on YouTube there is a lot of information that people can find out about bitcoin, I think that or I would say that the problem is probably in the fact that bitcoin no longer makes a profit of 3x or more, that's why many people who want to earn a lot of profit soon prefer to invest in some meaningless altcoin thinking that they will be able to profit a lot and when they lose a lot they move away from the cryptocurrency market

OP question, and if you are now aware that your profit in case you buy bitcoin now and do hodl for a long time, at most it can give you a profit of 2x or 3x if you are lucky, it will be very difficult to see the price reach levels as high as $90,000 to make a 3x profit for everyone who buys today, so you need to have that notion and not be greedy, if you have this information and accept it, then you will be making a safer investment than if you had put money in some altcoin, but you also have to be aware that it can take more than 1 year to profit from bitcoin, when the person is aware of all that then the person is prepared very well psychologically

[taufik123]

-snip-
Especially beginners very much ignore the situation that we are worried about happening so I can say your words are true if they often make silly things.
Some of those who have an understanding of how Bitcoin works are unable to control their emotions. Model people like that can also do ridiculous things.

Silly things will be done by everyone, as no human being is perfect.
There will definitely be silly actions taken.

Unstable money emotions are a problem that can destroy investments.
So learning to manage emotions to be stable is very necessary to do.
Not just technical analysis and fundamentals.

Long staying at a price below $30k, now Bitcoin has the opportunity to reach $35k.
Not always under and there will be time to reach the highest price. This is perhaps what must be understood from the intention that Bitcoin will recover even if it is hit by a storm.

It can even be more than $35k if it stays above $30.
Until the end of the year, hopefully, it can touch $40k and that will be the fulcrum for Bitcoin to reach ATH again.

[SquirrelJulietGarden]

Silly things will be done by everyone, as no human being is perfect.
There will definitely be silly actions taken.

Unstable money emotions are a problem that can destroy investments.
So learning to manage emotions to be stable is very necessary to do.
Not just technical analysis and fundamentals.

No technical analysis or fundamental analysis can help if we can not control our emotion and psychology. To gain such control, we must plan to use our capital well enough and should never put our position at risk that we must get profit at day x because we will need money one day after day x or our loan will expire after that. With that capital management, control emotion and psychology is difficult.

It can even be more than $35k if it stays above $30.
Until the end of the year, hopefully, it can touch $40k and that will be the fulcrum for Bitcoin to reach ATH again.

I have a longer view and I don't look at Bitcoin price at the end of 2023. I only expect its bull run in 2024 after its halving and whatever it moves in 2023 or early months of 2024 is not important with me. I did not think it will be crashed in 2020 before its halving so I don't naively think it will not happen in 2024 before the halving.

[TribalBob]

since 2018 which is over 5 years when I got information about Bitcoin I have lost lots of opportunity that could have changed my life because I choose to be reluctant from concrete friends advise concerning Bitcoin because, through investment of cyptocurrency many of my pals have been scammed  and the downtrend movement in 2018 also got me discouraged so i concluded that Bitcoin was not worth the risk for me, and
 now I have come to regret from the discission i made due to ignorance because over the years it progress has really attracted my attention, so i met a friend who is now i successful investor and he introduced me to this platform

seeing the success, growth and progress of the platform, I want to personally appreciate the members from legendary to newbies like me for keeping this platform running and going

Thank you very much for your supports and consistency

welcome to this forum bro. late words don't exist if you want to live better than before, make mistakes as lessons in life don't make them your dilemma,
it's not too late if you want to invest in bitcoin bullrun it still takes time not for now so prepare your bag to be filled but remember to use real money for investment.  not for saving money that has a purpose / emergency because we also don't know when the bullrun will come it can be in the near future or 1-2 years in the future

passion for you

[Blitzboy]

I cannot understand why people continue to depend on friends to do certain things when there is a lot of information on the internet and even on YouTube there is a lot of information that people can find out about bitcoin, I think that or I would say that the problem is probably in the fact that bitcoin no longer makes a profit of 3x or more, that's why many people who want to earn a lot of profit soon prefer to invest in some meaningless altcoin thinking that they will be able to profit a lot and when they lose a lot they move away from the cryptocurrency market

OP question, and if you are now aware that your profit in case you buy bitcoin now and do hodl for a long time, at most it can give you a profit of 2x or 3x if you are lucky, it will be very difficult to see the price reach levels as high as $90,000 to make a 3x profit for everyone who buys today, so you need to have that notion and not be greedy, if you have this information and accept it, then you will be making a safer investment than if you had put money in some altcoin, but you also have to be aware that it can take more than 1 year to profit from bitcoin, when the person is aware of all that then the person is prepared very well psychologically

People have gotten too greedy, anticipating instantaneous wealth from cryptocurrency investments. Sure, a multiplier of three, four, or ten would be fantastic. To put it another way: who wouldn't? But we mustn't overlook the charm of slow but sure development and the worth of persistence.

You might not become a millionaire overnight, but that's not the point of Bitcoin. The goals are freedom from monetary constraints, protection from inflation, and participation in the coming technological upheaval. If you're patient and keep on to it, you could see returns of two or three times your initial investment. That's certainly not a trivial amount!

Alternative cryptocurrencies are appealing because of their novel technology and high potential profits. However, if you aren't careful, they can turn into a dangerous arena. There is nothing more disheartening than losing money in a "pump and dump" operation. Slow and steady, as the saying goes, is the way to go. Keep using Bitcoin, learn as much as you can on your own, and don't forget that Rome wasn't built in a day.

[KiaKia]

I cannot understand why people continue to depend on friends to do certain things when there is a lot of information on the internet and even on YouTube there is a lot of information that people can find out about bitcoin, I think that or I would say that the problem is probably in the fact that bitcoin no longer makes a profit of 3x or more, that's why many people who want to earn a lot of profit soon prefer to invest in some meaningless altcoin thinking that they will be able to profit a lot and when they lose a lot they move away from the cryptocurrency market

OP question, and if you are now aware that your profit in case you buy bitcoin now and do hodl for a long time, at most it can give you a profit of 2x or 3x if you are lucky, it will be very difficult to see the price reach levels as high as $90,000 to make a 3x profit for everyone who buys today, so you need to have that notion and not be greedy, if you have this information and accept it, then you will be making a safer investment than if you had put money in some altcoin, but you also have to be aware that it can take more than 1 year to profit from bitcoin, when the person is aware of all that then the person is prepared very well psychologically

I have invested in both Bitcoin and Altcoins but I prefer to be in altcoins more, why? It is possible to lose money in altcoins ninety nine percent of the time, but it cannot be the same as your way, what works for you might not work for me.

There is no doubt that this bear market alone has helped me make over ten times more money in two different altcoins, and using the profits from these altcoins, I have been able to purchase Bitcoin once again, and I really enjoy doing this.

My goal is to get as many Bitcoins as I can, faster than I would be able to do by trading futures, which I also enjoy doing, but I lose a lot more money with trading futures than I would with altcoin investments.

This still doesn't mean that I am into altcoins than Bitcoin but they give me more Bitcoin and on the long term they give me more money too, I stand by both and it works better for me.

[aylabadia05]

-snip-
Especially beginners very much ignore the situation that we are worried about happening so I can say your words are true if they often make silly things.
Some of those who have an understanding of how Bitcoin works are unable to control their emotions. Model people like that can also do ridiculous things.

Silly things will be done by everyone, as no human being is perfect.
There will definitely be silly actions taken.

Unstable money emotions are a problem that can destroy investments.
So learning to manage emotions to be stable is very necessary to do.
Not just technical analysis and fundamentals.

Emotional management is highly prioritized in interacting with all aspects of life, including investing.
The level of emotion maybe in Bitcoin investment can be a little controlled except for those who don't really understand how Bitcoin works when faced with a situation where the direction of the graph continues to stay down for a long time.

Why do many invite them to switch to long-term investment in Bitcoin, because it can minimize the level of risk besides Bitcoin as the best hedge.

[Weawant]

seeing the success, growth and progress of the platform, I want to personally appreciate the members from legendary to newbies like me for keeping this platform running and going
Thank you very much for your supports and consistency

Bitcointalk has been growing simultaneously with Bitcoin, the more bitcoin gets popular and many people are adopting Bitcoin, it's also influencing this platform as more users get to know about bitcointalk and create an account to begin hanging out with others like them.

Every member of the forum has been contributing to the success of the forum and we hope as you have joined us you'll not be different, you'll also contribute in your little way. Not everyone can be a scam buster or have important roles on the forum but we can be active.

As we're active, we'll keeps the forum active as well and increasing it's popularity so more Bitcoin lovers can know about the forum. Investing in Bitcoin comes with risk but if you don't risk anything you won't be rewarded and will remain poor but that's not our desires.

[posi]

I cannot understand why people continue to depend on friends to do certain things when there is a lot of information on the internet and even on YouTube there is a lot of information that people can find out about bitcoin, I think that or I would say that the problem is probably in the fact that bitcoin no longer makes a profit of 3x or more, that's why many people who want to earn a lot of profit soon prefer to invest in some meaningless altcoin thinking that they will be able to profit a lot and when they lose a lot they move away from the cryptocurrency market

OP question, and if you are now aware that your profit in case you buy bitcoin now and do hodl for a long time, at most it can give you a profit of 2x or 3x if you are lucky, it will be very difficult to see the price reach levels as high as $90,000 to make a 3x profit for everyone who buys today, so you need to have that notion and not be greedy, if you have this information and accept it, then you will be making a safer investment than if you had put money in some altcoin, but you also have to be aware that it can take more than 1 year to profit from bitcoin, when the person is aware of all that then the person is prepared very well psychologically

I have invested in both Bitcoin and Altcoins but I prefer to be in altcoins more, why? It is possible to lose money in altcoins ninety nine percent of the time, but it cannot be the same as your way, what works for you might not work for me.

There is no doubt that this bear market alone has helped me make over ten times more money in two different altcoins, and using the profits from these altcoins, I have been able to purchase Bitcoin once again, and I really enjoy doing this.

My goal is to get as many Bitcoins as I can, faster than I would be able to do by trading futures, which I also enjoy doing, but I lose a lot more money with trading futures than I would with altcoin investments.

This still doesn't mean that I am into altcoins than Bitcoin but they give me more Bitcoin and on the long term they give me more money too, I stand by both and it works better for me.

Most people invest in altcoins because no one doesn't like big profits, but most try to lie that they invest more bitcoins than altcoins. I also like to invest in altcoins because of their returns, but altcoins investment needs the right timing, and I think it is advisable to invest in altcoins only during the bull season, and it is a short term investment.

It is tough to make a profit during bear season, I am quite surprised that you make 10 times the profit during bear season. Can you share which altcoins have brought you big profits?

[someone703]

The time that OP has been in contact with I think is long enough to see what is happening in this market, I have also witnessed a lot of rich friends in this market and most of them are people who know bitcoin from very soon, they don't like to invest in hype things. I have also felt this market have different growth cycles after being exposed to it, and then also lost a lot of money with ICO related things but then I also corrected my mistakes and accumulated a lot of knowledge as well as some crypto that I still believe will one day be very successful, and the story of patience and achievement is not so special in this space, sometimes things are really simple people who are prone to complicate matters.

[3kpk3]

Just another thread where people keep thinking of the insane BTC opportunities that they missed out on in the past. Very few people took full advantage of those opportunities and transformed their lives forever. Early adopters!

We might not see such insane BTC opportunities anymore, but it's still possible to find insane altcoin opportunities here and there.

[CODE200]

The important thing is you're here now and ready to learn things and invest in bitcoin, it's just that you're personality is that you are a careful and skeptic individual which is not bad given that bitcoin is an Internet thing and we all know how everyone can lie and scam online so you have a valid point to be scared. Also, the title is kind of weird because you can mitigate the risk and you can easily manage if the risk materializes, that is if you know what you're doing, you don't have to risk a lot if you plan to invest in bitcoin because there's DCA and any amount is equally valid as an investment as long as you are consistent in accumulation.

[Z390]

If you are new to crypto I am sorry to say but emotions will get in the way, you will learn only after you have make some mistakes in crypto space about your investment, most importantly, new investors are partially still in fear if losing their money, even while bitcoin is the best investment over all, when things start getting boring newbies will start thinking something else,  and it's impossible to keep motivating yourself every day, I think what we need is to stand firm with the plan ahead, do not be swayed from your dream, avoid emotional baggage and keep accumulating Bitcoin with what you can afford to lose, you will, in the end, reap what you sow.

[wtsimis]

Welcome to the forum.

Bitcoin: risk nothing, you're risking more. This phrase highlights the paradoxical nature of risk in the context of Bitcoin. While this may seem like a safe bet to avoid the risks and uncertainties associated with cryptocurrencies, there are actually inherent risks involved. Bitcoin has emerged as a financial transformative force in the world with the potential to generate income through investment. You can never grow your wealth if you don't invest. Investment means risk. Avoiding taking risks and exploring the potential of Bitcoin, if someone is careless and misses out on various opportunities, there is no choice but to regret it in the future.

[qwertyup23]

First let me start by saying a big congratulations to you for realizing that,  and secondly this is a good starting point since you already have a bad experience and wrong idea of what bitcoin investment is from a scam or Ponzi that scammed you or your friends.,


But the most important aspect is that you are here on bitcointalk where you will have access to information that will change your entire understanding of the subject matters of bitcoin and how to properly guide yourself to always be in a better position in your bitcoin holding be it as investment or a daily transaction currency.

Like what I always mention to new investors in the cryptocurrency world, the next best time for you to invest is when you discovered about the latter's existence. The moment you learn about the fundamentals and basics of BTC or any other cryptocurrency, then that would be considered the best time to invest.

By basing it purely on the price history index of BTC, you would see that the price trend increases per year. Given that the next fork will happen in 2024, this will be considered as the next best time to invest before such fork happens.

Now that you have regretted it on the past and realized the missed opportunity, this is the sign to start again and continue investing on BTC. Best of luck, OP!

[speeder]

There is more or less risk on everything, not just Bitcoin. One of the easiest things to do is to drink water. Even if you go to drink this water, there is a risk of it getting stuck in your throat. Simply tell you, no one can ever achieve success without risk. It is natural that you have to take more or less risks in every workplace. If you are a new investor in Bitcoin then you can take a small amount of risk in investing in Bitcoin. But when it comes to investing in Bitcoin, patience is a must. One can never grow wealth without risk and patience

[Woodie]

since 2018 which is over 5 years when I got information about Bitcoin I have lost lots of opportunity that could have changed my life because I choose to be reluctant from concrete friends advise concerning Bitcoin because, through investment of cyptocurrency many of my pals have been scammed  and the downtrend movement in 2018 also got me discouraged so i concluded that Bitcoin was not worth the risk for me,

You know what they say, " No pain ,No Gain" and "No Risk, No Gain" !
If you can't risk or puddle yourself out of all that noise of hey I got scammed..don't try this, or No price crashed... In the winners circle you have to be different from everyone else as not everyone was meant to win! Be extraordinary my friend
 
 

now I have come to regret from the discission i made due to ignorance because over the years it progress has really attracted my attention, so i met a friend who is now i successful investor and he introduced me to this platform

Tbh with current price,  very few are bold enough to buy and hodl because 30 thousand dollars can do a lot in any part of the world and few can spare this much to sleep in some crypto wallet 

seeing the success, growth and progress of the platform, I want to personally appreciate the members from legendary to newbies like me for keeping this platform running and going

Thank you very much for your supports and consistency

You are welcome buddy , and let's tell our friends to tell their friends to grow the forum.

[Nwada001]

Bitcoin: risk nothing, you're risking more. This phrase highlights the paradoxical nature of risk in the context of Bitcoin. While this may seem like a safe bet to avoid the risks and uncertainties associated with cryptocurrencies, there are actually inherent risks involved. Bitcoin has emerged as a financial transformative force in the world with the potential to generate income through investment. You can never grow your wealth if you don't invest.

Another AI-generated text Which looks a little off-topic to me. This thread is focused on Bitcoin investment and the risk of not taking the risk at all when the OP has the chance but is uncertain about the future of Bitcoin. Just the same way your AI is uncertain about the answer to the question you asked it, it  focuses on the general risk involved in crypto currency and not Bitcoin in particular.

[Inwestour]

Most people invest in altcoins because no one doesn't like big profits, but most try to lie that they invest more bitcoins than altcoins. I also like to invest in altcoins because of their returns, but altcoins investment needs the right timing, and I think it is advisable to invest in altcoins only during the bull season, and it is a short term investment.

It is tough to make a profit during bear season, I am quite surprised that you make 10 times the profit during bear season. Can you share which altcoins have brought you big profits?

I don’t see the point, why should anyone hide that they invest in altcoins? If someone sees more prospects in this than in bitcoin, then let him buy altcoins, there is nothing wrong with that. The difficulty lies in the fact that to find those altcoins that can give such a large profit and at the same time you also need to take into account the risks that are associated with altcoins.

I have much more confidence in bitcoin than in any altcoin, and may it ultimately bring me less profit than those who bought the necessary altcoins. And finding those altcoins that can give such a profit is not as easy as it might seem at first glance.

[BenCodie]

It's hard for people to take a leap, just like your hesitation to in 2018. At least you know have this experience to prevent you holding back on opportunities in the future. Thankfully, opportunity exists in Bitcoin and will continue to exist for another halving or two. the return might not be as good as the past, but it's good nonetheless. Hopefully you can take advantage of that.

As for risk. No risk, no loss, no gain. To get ahead of the normal life path, risk is necessary. It might pay off, it might not. As long as you weigh up your odds accurately and proceed with vigilance and confidence, eventually it will go the right way.