Invest in bitcoin and forget the investment

[CageMabok]

Cryptocurrencies offer an impressive value proposition where you can invest small amounts and make big profits. However, this doesn't mean there are no risks. So minimize risk by diversifying your portfolios when investing in cryptocurrencies and Bitcoin. Just as there are no guarantees, there are no guarantees when investing only in Bitcoin.

For investment in the crypto space I only choose Bitcoin, because apart from Bitcoin I only use other cryptocurrencies as assets to seek profit in the short term, but I also like to invest outside the crypto space like I do in some real estate because for me real estate investments It is also quite profitable even though the level of profit is very different from Bitcoin investment. Everyone needs to understand all investments as long as they are good enough for them, even though they all clearly contain risks, but as long as they are still able to minimize the risk of each investment, there is no harm in making several investments with very different methods.

[Shishir99]

I agree with you, I believe we all know that the longer we buy and hold bitcoin, the greater our chances of making profits. Although it sounds easy, I don't think many people can do it. We invest in bitcoin with the ambition of making high profits for a better life, so it is hard to say that we should forget about it or not check the price every day. I bet you that no one can do that when our minds are always thinking about bitcoin. The halving event is approaching and many people are counting every day, so how can we forget our investments for a while?

Well, we know that making a suggestion is easy but it's hard to follow. Even I can make a lot of good suggestions but when you check me in real life, you will notice that I do not follow these things myself. LOL. Isn't it ironic? I don't think the thread creator will be able to forget about his investment. So, it's absurd to suggest something that you do not follow.

You pointed out a good thing. The halving event is ahead and it's the most appropriate time when Bitcoiners start looking at their Bitcoin price. Because this is the time they were waiting for.

[Inwestour]

For investment in the crypto space I only choose Bitcoin, because apart from Bitcoin I only use other cryptocurrencies as assets to seek profit in the short term, but I also like to invest outside the crypto space like I do in some real estate because for me real estate investments It is also quite profitable even though the level of profit is very different from Bitcoin investment. Everyone needs to understand all investments as long as they are good enough for them, even though they all clearly contain risks, but as long as they are still able to minimize the risk of each investment, there is no harm in making several investments with very different methods.

Sometimes the return on investment in real estate can take a very long time, but if the investment is made for the purpose of diversification it can be an acceptable move. And to invest in real estate you need to have large funds, and Bitcoin in this regard is much more accessible to everyone. Real estate can also require your attention, time and even finances, but with Bitcoin everything is simpler, it just needs to be carefully hold and will not require any additional expenses.

[Honyek]

l think investing in bitcoin now is good, but someone can also invest in the earlier part of next year. One can still get bitcoin within the range of twenties or even less price than it is now considering past halving.  So it depends on what one wants to use one's money for right now, the usefulness and the gain. One may decide to invest now or at a later date like early next year, monitoring every step along the way with utmost caution.

[Negotiation]

l think investing in bitcoin now is good, but someone can also invest in the earlier part of next year. One can still get bitcoin within the range of twenties or even less price than it is now considering past halving.  So it depends on what one wants to use one's money for right now, the usefulness and the gain. One may decide to invest now or at a later date like early next year, monitoring every step along the way with utmost caution.

Bitcoin's associated with it makes it a great investment vehicle if you are looking for long term gains. Digital currencies can be long term investments due to their high market demand. Inflation risk is low. Bitcoin is more stable than it has been in years and the next half is fast approaching. Considering the current market conditions now may be a good time to invest as long as you are aware of the risks.

[macson]

snip

The way I'm looking at next bullrun am thinking that the bullrun will be something that will push bitcoin price  to approach hundreds thousands [100] for the price, but people will not invest now. I split my funds currently to different of coins expecting that if I don't make profit in any of the coins when bullrun comes I will surely make profit in bitcoin because bitcoin price now is no longer going downward or going upwards, but any move the price will make to go up the price will increase, I'm expecting the price of bitcoin to rise in 2025 and 2026 so any investment in bitcoin  should be expected till next two years or three years time. Summary, invest in bitcoin and forget about the investment and hope that you will make profit after some years coming.

i like your idea of suggesting people who invest in bitcoin forget the bitcoin they bought for a moment and then remember it again in the next 3 years or so lol, but you have to remember to always protect the password and also the private key of the personal wallet where you store your bitcoin, don't let it happen because you want to forget for a moment, you forget where you put your password and private key ^{(you have to learn from several incidents of people who lost their Bitcoin wallet private keys because of their own negligence)}

[kawetsriyanto]

l think investing in bitcoin now is good, but someone can also invest in the earlier part of next year. One can still get bitcoin within the range of twenties or even less price than it is now considering past halving.  So it depends on what one wants to use one's money for right now, the usefulness and the gain. One may decide to invest now or at a later date like early next year, monitoring every step along the way with utmost caution.

Why does someone need to wait for the early of next year? If he really wants to invest in Bitcoin, now is the right time to buy Bitcoin. The price is still around $26k, it is still cheap price for Bitcoin. If we wait for the early of next year, the price potentially grows faster in the next year due to the hype of BTC halving. I'm sure the price will be above $30k if we plan to buy Bitcoin in the early of next year. I don't think the price of Bitcoin can be below the current price in the early of next year. How can the price to be lower than the current price when it is almost reaching the BTC halving. 

Considering the current market conditions now may be a good time to invest as long as you are aware of the risks.

Now is absolutely the right time to buy. Sure, we must always understand how to deal with the risks. Although it is safe to buy now, it doesn't mean having no risk. However, I'm pretty sure buying Bitcoin when it is almost reaching the halving time, is more secure than buying during the bullrun time. 

[Lanatsa]

In the title that Op made, I do that kind of behavior when I invest, to be honest. This is if what I want in a crypto asset is long-term. Or maybe it's a kind of meme coin. I just don't know if anyone else is doing the same thing as me, and I feel like I'm not alone. And the creator of this matter probably does the same.

Because when you have this mindset with a cryptocurrency, you really don't have to worry about anything that happens in the crypto market. You will not be worried or scared because all we think is that if we know that the price value has really increased, we will return it to sell it and harvest the benefit it can give us, and if there is not, then there is no problem for us. .

A lot actually do have that kind of behavior. As people want to do long term holding and do not want to do anything if ever the price suddenly go down, it gives a little panic for many or if it goes up that gives us the excitement of selling it too early. If you forget about it, the higher probability to hold it for a long time.

Yes, there will be no worries, fear, or any emotion to feel. However, this may also lead you to possibility of missing to take a profit when Bitcoin reach the highest price. That's why it would be better to at least keep yourself updated on anything crypto related news when investing.

Your heart can really race faster on this emotional rollercoaster as prices rise and fall. It's similar to watching a screen as your feelings move in time with it. Holding long term, then? Yes, it's a tactic, and it brings calm to a lot of people. As you mentioned, forgetting about it lessens the anxiety and excitement, correct? However, consider this idea, which is actually a problem: What if a significant development occurs in cryptocurrency during that "forgetful" period?

Keeping up with current events can change everything. It is about being informed rather than responding to every upswing and downs. Being informed enables us to make decisions with confidence. Because sometimes having the right information can make all the difference in the world of Bitcoin and investing. Recall that experiencing such feelings is normal; after all, we are human. Balance is the key, my friend. balance

We are really just humans and its just normal that we would really be that reactive whenever we do see our investment do make out some negative value then it is really hard to resist to be making yourself numb
and wont really be making out some reactions basing up on your investment condition. If you do have plans on long term holds then it would really be that better that you shouldnt really be often making out some checks into your Bitcoin investment or with some top altcoins or L1's that you do have on your portfolio on which on the time that you do really make out some investment then you should really be that not peaking on the market condition to be that active. Unless if you are really that having that good control towards your emotions and having that discipline then it would really be just that fine but we know that not all
people would really be having that kind of control on which on the time that they do see prices are dropping then they do really that become that impulsive.

In my case then im not really that much in concern with my holds yet i've been accumulating Bitcoin ever since and doesnt really have any plans on spending or converting it out unless
if the price do reach out with those peak prices or the peak of bull run then i might really be that be selling it off and doesnt really need to wait for another
bull year cycle.

[lalabotax]

Bitcoin investment, this is the opportunity for someone who wants to invest in bitcoin to invest in bitcoin without looking back, because anyone that invest in bitcoin now will make a profit during bullrun, the price of bitcoin is fluctuating and it does want to up since the price has being to twenty six thousand [26] is over one month or less than one month the price is being unrotational for price, I think that any one that plan to become a billionaire in bitcoin this is the opportunity to invest in bitcoin against next bullrun.

The way to do is also to steady yourself whatever happens during the holding period, because it is possible that something may not go smoothly according to plan. And in this case, investing in Bitcoin also requires good and wise asset management. So that during the bull run, we already have an idea of what we should do, so as not to miss the moment, not to be too greedy which ends up backfiring on us. In that situation, we sometimes need to decide to set a price target beforehand, perhaps several price targets so that we have more opportunities to gain profits. What is certain is, don't go all in on just one target that is too high. Who knows, it won't be achieved and we will get it too late.

[Lorence.xD]

snip

The way I'm looking at next bullrun am thinking that the bullrun will be something that will push bitcoin price  to approach hundreds thousands [100] for the price, but people will not invest now. I split my funds currently to different of coins expecting that if I don't make profit in any of the coins when bullrun comes I will surely make profit in bitcoin because bitcoin price now is no longer going downward or going upwards, but any move the price will make to go up the price will increase, I'm expecting the price of bitcoin to rise in 2025 and 2026 so any investment in bitcoin  should be expected till next two years or three years time. Summary, invest in bitcoin and forget about the investment and hope that you will make profit after some years coming.

i like your idea of suggesting people who invest in bitcoin forget the bitcoin they bought for a moment and then remember it again in the next 3 years or so lol, but you have to remember to always protect the password and also the private key of the personal wallet where you store your bitcoin, don't let it happen because you want to forget for a moment, you forget where you put your password and private key ^{(you have to learn from several incidents of people who lost their Bitcoin wallet private keys because of their own negligence)}

Well, this should be done to even the first time you created your account, like saving your passwords, private seeds and like the password of your laptop, something like that. Cause there's always a scenario, I don't know if it's applicable to anyone but it's like a muscle memory for us to always use something like typing our users that even not looking on our keyboards we still manage. So for sure after not using or holding for 3 years eventually we don't have any idea anymore about our password and private keys so resulting to these kind of incidents. Even for months you can already forget this important keys. Maybe if you're doing DCA method then you could always check your keys to have muscle memory to it and eventually memorized it.

[Pandu Geddon]

Bitcoin investment, this is the opportunity for someone who wants to invest in bitcoin to invest in bitcoin without looking back, because anyone that invest in bitcoin now will make a profit during bullrun, the price of bitcoin is fluctuating and it does want to up since the price has being to twenty six thousand [26] is over one month or less than one month the price is being unrotational for price, I think that any one that plan to become a billionaire in bitcoin this is the opportunity to invest in bitcoin against next bullrun.

The way to do is also to steady yourself whatever happens during the holding period, because it is possible that something may not go smoothly according to plan. And in this case, investing in Bitcoin also requires good and wise asset management. So that during the bull run, we already have an idea of what we should do, so as not to miss the moment, not to be too greedy which ends up backfiring on us. In that situation, we sometimes need to decide to set a price target beforehand, perhaps several price targets so that we have more opportunities to gain profits. What is certain is, don't go all in on just one target that is too high. Who knows, it won't be achieved and we will get it too late.

Investment planning must be made. although actually those who just buy Bitcoin then hold it in their wallet, then sell it when they want to sell are also not bad. but it was an investment that wasn't really planned.
After the plan is made, the hardest thing is trying to be consistent with the plan we have made. as you said, there will be many situations that can occur in the hoding process that we carry out. Determining the selling price also needs to be done, and some beginners also make this plan because they feel it is quite easy to achieve.

[Youngkhngdiddy]

Investment planning must be made. although actually those who just buy Bitcoin then hold it in their wallet, then sell it when they want to sell are also not bad. but it was an investment that wasn't really planned.
After the plan is made, the hardest thing is trying to be consistent with the plan we have made. as you said, there will be many situations that can occur in the hoding process that we carry out. Determining the selling price also needs to be done, and some beginners also make this plan because they feel it is quite easy to achieve.

   Yes it important to have a plan and target. The plan should include good capital, proper risk management, discipline, patience and consistency if one needs to really thrive in bitcoin, it an investment that can will yield good returns if followed with caution and with patience of course. Newbies need to know that hodling is still part of the process, you can’t skip the process regardless of when you step in. It’s is important to also note that Bitcoin investment is for the long run.
  People who use good capital to invest and are patient enough to see Bitcoin hit its new all time high will benefit from its glory. This won’t be a problem for a crypto enthusiast cause he or she is familiar with the game but lack of discipline can cause one his money. Greed is another great bad traits one should have while going into bitcoin investment, there’s is enough time to make it, you’re not to late to start your journey.

[Ultegra134]

For investment in the crypto space I only choose Bitcoin, because apart from Bitcoin I only use other cryptocurrencies as assets to seek profit in the short term, but I also like to invest outside the crypto space like I do in some real estate because for me real estate investments It is also quite profitable even though the level of profit is very different from Bitcoin investment. Everyone needs to understand all investments as long as they are good enough for them, even though they all clearly contain risks, but as long as they are still able to minimize the risk of each investment, there is no harm in making several investments with very different methods.

Sometimes the return on investment in real estate can take a very long time, but if the investment is made for the purpose of diversification it can be an acceptable move. And to invest in real estate you need to have large funds, and Bitcoin in this regard is much more accessible to everyone. Real estate can also require your attention, time and even finances, but with Bitcoin everything is simpler, it just needs to be carefully hold and will not require any additional expenses.

In my opinion, real estate is the safest type of investment, but perhaps the most expensive of all. You're owning a piece of property that you can manage in many different ways: rent it, flip it for profit, turn it into an Airbnb, or simply live in it and avoid the stress of renting. The majority of landlords are awful and simply don't give a damn about providing a functional property at a reasonable price.

Achieving high returns by holding Bitcoin isn't a fast process either. From previous halvings, provided that the halving does in fact contribute to a potential bull market, it might take up to 4 years to notice a major recovery, something that happened already during previous cycles, and it's certainly not guaranteed. Personally, I don't have high hopes; I haven't seen any indication that we'll see a new ATH anytime soon. Maybe I'm too much of a pessimist, but I'd rather be down to earth than too confident. However, I wouldn't be surprised if Bitcoin crosses the $50,000 mark within 2024, which is still a significant milestone, yielding as much as x2 results.

[Bitcoin_people]

I think right now is the best time to invest in Bitcoin. Those who invest in Bitcoin will surely make huge profits when the price of Bitcoin is in a bull run. Investing right now and holding till the bull market is definitely possible to earn profit that is why we should invest and hold. Although prices are currently fluctuating within a range, now is a good time to invest. We must wait to see the next bull market and reap huge profits from Bitcoin. Since our next halving will be in 2024 there is not much time for this to happen and only a few months we will see the bitcoin halving. And when the bitcoin halving event happens, after that the bitcoin market will go up and the price of bitcoin will gradually increase. After that the Bitcoin market will increase and will be seen in the bull market and then I will tell you to invest now and you will get a lot of profit. It is true that we have to invest in Bitcoin and after investing in Bitcoin for a long time forget about it for a few years. When we forget about Bitcoin investment after few years we will be able to earn huge amount of money from that investment.

[Dr.Osh]

I think right now is the best time to invest in Bitcoin. Those who invest in Bitcoin will surely make huge profits when the price of Bitcoin is in a bull run. Investing right now and holding till the bull market is definitely possible to earn profit that is why we should invest and hold. Although prices are currently fluctuating within a range, now is a good time to invest. We must wait to see the next bull market and reap huge profits from Bitcoin. Since our next halving will be in 2024 there is not much time for this to happen and only a few months we will see the bitcoin halving. And when the bitcoin halving event happens, after that the bitcoin market will go up and the price of bitcoin will gradually increase. After that the Bitcoin market will increase and will be seen in the bull market and then I will tell you to invest now and you will get a lot of profit. It is true that we have to invest in Bitcoin and after investing in Bitcoin for a long time forget about it for a few years. When we forget about Bitcoin investment after few years we will be able to earn huge amount of money from that investment.

well, starting to invest now until 2024 or 2026 is probably not that difficult. Considering that we only need to wait another 2 to 3 years to see the effects of the halving, there's no harm in starting to collect bitcoins little by little now or maybe immediately buying bitcoins in large amounts. Even though there are still risks, and it may be difficult to forget about the investment we made, the potential for an increase in the price of bitcoin due to the halving may be quite large. This can be seen from previous years.
However, investing in bitcoin is not a bad idea right now, in fact it could be an opportunity before the price of bitcoin really rises. However, I think there are still quite a lot of people who also think that popular altcoins will also be affected by the price of bitcoin and could rise also high, so I feel that some people might choose coins like ethereum, BNB, or other popular altcoins instead of bitcoin because lower price. However, if you want lower risk, then bitcoin is a good choice right now.

[Blitzboy]

`

We are really just humans and its just normal that we would really be that reactive whenever we do see our investment do make out some negative value then it is really hard to resist to be making yourself numb
and wont really be making out some reactions basing up on your investment condition. If you do have plans on long term holds then it would really be that better that you shouldnt really be often making out some checks into your Bitcoin investment or with some top altcoins or L1's that you do have on your portfolio on which on the time that you do really make out some investment then you should really be that not peaking on the market condition to be that active. Unless if you are really that having that good control towards your emotions and having that discipline then it would really be just that fine but we know that not all
people would really be having that kind of control on which on the time that they do see prices are dropping then they do really that become that impulsive.

In my case then im not really that much in concern with my holds yet i've been accumulating Bitcoin ever since and doesnt really have any plans on spending or converting it out unless
if the price do reach out with those peak prices or the peak of bull run then i might really be that be selling it off and doesnt really need to wait for another
bull year cycle.

In crypto, human nature and tendencies make the emotional ride a roller coaster. Your advice about not looking at the portfolio regularly is especially useful for long-term investors. It eliminates emotional anguish, right? Historical Bitcoin and altcoin cycles show that holding through volatile periods and not making rash moves during market downturns often yielded positive results.

You did well to accumulate and remain calm during market volatility. Being able to sell during market peaks and bull runs while ignoring market emotions is a balanced approach. Those who take a disciplined, cyclic approach to investing, especially in Bitcoin, tend to stay calm throughout volatility, which often pays off.

[RalphFunk]

If that is the strategy I would wait for the price to get lower.

[Promocodeudo]

It is advisable to invest in Bitcoin and forget but it all depends on the individual involved, you don't expect a low-income earner to do such, long-term investment is the right approach to Bitcoin investment because Bitcoin is not gambling it is all about more investors and market forces, so if one wants to be part of the process, he must be patient to benefit from it.
But the major thing is to buy as you can afford and make sure that the money you are using won't affect you whenever unexpected circumstances occur which we don't pray for but we can't control it, don't risk everything in it, You have to possess the adequate knowledge before investing, the decision is yours to take, do what thinks is good for you to avoid blame.
 

[blckhawk]

It's easy for you to say that OP but there are some people that's living on only one income stream so it's difficult for them to invest in bitcoin and leave it there for the long-term which they can't afford to do with the inflation in prices of basic necessities and bills piling up, it's going to be hard for them to do what you're saying. Some might say that they just have to find another way to make money but that's not easy for many to do especially if their first job is already exhausting as it is then they're going to have a hard time creating a second income stream. But it could still work though, they just need to sacrifice something that they're habitually using or change their routine, you know like eating out during payday or not buying material stuff and making sure that you're on a tight budget but that's going to be an extreme scenario and not a lot have the discipline to do it.

[Renampun]

It is advisable to invest in Bitcoin and forget but it all depends on the individual involved, you don't expect a low-income earner to do such, long-term investment is the right approach to Bitcoin investment because Bitcoin is not gambling it is all about more investors and market forces, so if one wants to be part of the process, he must be patient to benefit from it.
But the major thing is to buy as you can afford and make sure that the money you are using won't affect you whenever unexpected circumstances occur which we don't pray for but we can't control it, don't risk everything in it, You have to possess the adequate knowledge before investing, the decision is yours to take, do what thinks is good for you to avoid blame.
 

Investing in Bitcoin actually does not depend on the amount of money you have but rather on your own belief in Bitcoin. I know that not everyone has an immune mentality, that when they see the bitcoin assets they own, they will be calm, but forgetting about the bitcoin we had when we bought BTC is not recommended. you have to deepen your knowledge about bitcoin, don't let your long-term investment in bitcoin fail just because you are afraid of the FUD against bitcoin that often appears.