Invest in bitcoin and forget the investment

[Furious 7]

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.

I agree with what you said because after all when we invest regardless of whether it is small or large in terms of nominal all will definitely get a share according to their portion. If it is in bitcoin with a large amount of money then surely the profit is also large and vice versa.
The problem I think for now is not about the amount of bitcoin we invest but about how firm we are in holding. Bitcoin is currently starting to attract many people including beginners but sometimes the perception or first impression of beginners only centers on the benefits they get because the initial thinking of beginners is actually too simple in my opinion, they only follow being in bitcoin but don't know what bitcoin is and how the risk is so that when we experience a crash indirectly their thinking changes because they think of this as fraud due to ignorance and don't want to find out the risks that occur if they are in bitcoin.

[adultcrypto]

It is advisable to invest in Bitcoin and forget

How do you forget your investment and for what purpose? Do you consider investment in BItcoin a one-time investment? These are some of the important questions to ask. It is difficult to forget your investment unless the money is not important to you and I don't know if there is anyone who money is not important to. If you mean, investing in Bitcoin and holding for long without selling, I agree with you but to invest and forget, I differ with you on that.

There are people applying the DCA method to buy their Bitcoin, how can they forget their investment when it is a continuous somethingn them? One may not really need to be checking the investment regularly but it is difficult to forget about your investment.

[Sanitough]

Invest in bitcoin and forget it later on is actually a very profitable strategy when you want to invest without being bothered how its price will pump or dump in the next days. Otherwise, if you keep on thinking about your investment and would be more aggressive with your profits, yes you can still be profitable but not in a way that brings big satisfaction on you. It will only push you to be more greedy which I think is very unsafe when you are investing. Instead, forget your investment and act as you don't care about its daily price, until you finally realize that bitcoin has reached another all time high and it's time for you to sell and make exceptional profits.

This advice resurfaces whenever a bull market is on the horizon. I've personally found it to be quite toxic and misleading. Based on my cryptocurrency experience, I consider this advice to be a poor decision that ultimately leads to regret.

It could be quite toxic and misleading if you lost the goal in your investment in the end. You know, it’s hard to forget such a life-changing investment even when you say temporarily. You might forget it a week or months but still, you will continue to be updated about the current price of btc and the current market position. That way, you will know your next step on your investment. Even if you say long term investment, that does not mean that you won’t be bothered anymore if ever it’s price crash suddenly, once you put your hard-earned money, you will really do the best so that your investment and your hard-earned capital will not go into waste.

[Bloodseekers]

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.

It is important to have a good understanding of Bitcoin before we start investing because without understanding well what we are doing, of course we will not be able to last long on the investment we make and we also need a mentality to be able to survive various circumstances in the investment we make do. I agree with this, after we make an investment, don't forget about the investment we made because it could be that we have made a profit from the investment and we can enjoy the profit or continue investing.

[Blitzboy]

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.

I agree with what you said because after all when we invest regardless of whether it is small or large in terms of nominal all will definitely get a share according to their portion. If it is in bitcoin with a large amount of money then surely the profit is also large and vice versa.
The problem I think for now is not about the amount of bitcoin we invest but about how firm we are in holding. Bitcoin is currently starting to attract many people including beginners but sometimes the perception or first impression of beginners only centers on the benefits they get because the initial thinking of beginners is actually too simple in my opinion, they only follow being in bitcoin but don't know what bitcoin is and how the risk is so that when we experience a crash indirectly their thinking changes because they think of this as fraud due to ignorance and don't want to find out the risks that occur if they are in bitcoin.

When money is involved, its only natural for people to go there. But jumping in without knowing the details? Theres no way that could not get burned. Putting money into investments, whether they're in Bitcoin or something else, requires both knowledge and money. Alarmingly many people just throw money in with the hope that it will grow, but they dont understand how volatile coins are.

What matters most is not how much you spend, but how much you know about it. Holding Bitcoin isnt just about being patient; its also about knowing how the market works and how cryptocurrencies work in general. Those who want to get involved should first take a step back and learn more about the situation. Only then should they decide to contribute. Like jumping out of a plane without checking your parachute, not doing that is the same thing. A smart choice is always better than a risky one.

[Furious 7]

I agree with what you said because after all when we invest regardless of whether it is small or large in terms of nominal all will definitely get a share according to their portion. If it is in bitcoin with a large amount of money then surely the profit is also large and vice versa.
The problem I think for now is not about the amount of bitcoin we invest but about how firm we are in holding. Bitcoin is currently starting to attract many people including beginners but sometimes the perception or first impression of beginners only centers on the benefits they get because the initial thinking of beginners is actually too simple in my opinion, they only follow being in bitcoin but don't know what bitcoin is and how the risk is so that when we experience a crash indirectly their thinking changes because they think of this as fraud due to ignorance and don't want to find out the risks that occur if they are in bitcoin.

When money is involved, its only natural for people to go there. But jumping in without knowing the details? Theres no way that could not get burned. Putting money into investments, whether they're in Bitcoin or something else, requires both knowledge and money. Alarmingly many people just throw money in with the hope that it will grow, but they dont understand how volatile coins are.

What matters most is not how much you spend, but how much you know about it. Holding Bitcoin isnt just about being patient; its also about knowing how the market works and how cryptocurrencies work in general. Those who want to get involved should first take a step back and learn more about the situation. Only then should they decide to contribute. Like jumping out of a plane without checking your parachute, not doing that is the same thing. A smart choice is always better than a risky one.

IMO if we look at what you said it is not wrong but when we have studied and are sure of the bitcoin that we want to adopt as one of the assets we want to invest, and are sure to invest in a short time because this is not just a day, a week or a month considering the concept of investment should be more than that I think it takes longer than we imagine.

By looking at this condition, even if the problem of how the market works and others should not be a concern because in the end our goal is not for the short term but a longer term than that. Although it is certain that we also have to know that as a form of our anticipation but this is just a complement not as a principal that must be done because the point is how we are confident in the investments we make and withstand all forms of existing processes such as market crashes and some bad news that disrupt the development of bitcoin itself.

[Magic-Money]

Bitcoin investment has come to stay in the ecosystem, where Bitcoin get more expensive as time goes on, and one to invest in Bitcoin and forgot is not easy, accept does are already wealthy in financial sector, that can hold for a period of time, without minding that has a digital assets called Bitcoin that has already forgotten as the case maybe not easy, but more profitable to applied such principle in cryptocurrency space.

[Z390]

It's worth doing so as there is no risk awaiting you anywhere like those other shitcoins in crypto space, I have swapped popular altcoins to their new smart contract this year alone and last year it was gala games, you can't keep altcoins and never look back, you will lose your money, but Bitcoin? You can look away foe over ten years and come.back later with no worries, you just have to make sure that your Bitcoin wallet stays offline, and keep your private key secured.

I have learnt some lessons between 2021 and 2023, and till today Bitcoin still feels more like a home than every other coins out there, I don't even trust the bigger ones like BnB and Ethereum like I trust Bitcoin, a family of mine who is now struggling a lot failed to listen to me in 2020 when I told him to buy one Bitcoin, he had the money and he claimed that he doesn't know what to use the money for, that's when why I brought the idea up, today he could be sitting on good amount of gains if he took his profit in 2021, even if he doesn't he will still have 1 Bitcoin today, it's now over $34,000.

Since 2020 I have made up my mind to start buying Bitcoin and hold for future sakes, I believe that Bitcoin is very identical to real Gold, it's so valuable and worth keeping for long period of time, some times I feel jealous about those people who bought Bitcoin before 2016 and sit on their bag till today, they will have a good life till the end of their time.

[Bitcoinpoly]

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 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.

Investments are basically from money you don’t need urgently, so you should be able to take off your mind off it. There are some other investments that gives you opportunity to make money even as you still hold your asset just like Shark fin product of Bitget where you can make up to 7% APR in a month.

[Iron Fist]

When money and investing come up, it makes total sense that people get interested.  But just jumping in without actually understanding everything involved is pretty much asking for trouble.  Whether we're talking about Bitcoin or anything else, you really need both some knowledge and some cash to put in. 

It's kind of worrying how many people seem to just toss their money at stuff like crypto, hoping itll grow without really getting that cryptocurrencies can be super volatile and risky.  Just having Bitcoin isn't only about being patient.  You also gotta understand how the whole market works, plus what's going on with cryptocurrencies in general and

I mean, I get the appeal and why people want to try getting in on the ground floor.  Who wouldn't want their investment to take off and make them a bunch of money? But you gotta be smart too.  Do some research so you know what youre getting into.  Start small so you don't lose your shirt if things go south.  And pay attention to what's happening so you can make educated choices. Patience helps with that, sure.  But knowledge has gotta be part of the equation.  Otherwise it's too much like playing the lottery - just crossing your fingers and hoping for the best.  And we all know how often that actually pays off in the long run.

[Yatsan]

Easy to say but difficult to actualize. I do get where this idea is coming from; previous investors who forgot about it and are now happy with how high its market value became. But since its price is already high, and since we don’t have an assurance that its price will further increase in the future, not to mention possible circumstances which might push an investor to pull his investments out,then it is just hard to think of. Previous investors made this possible only because it was amnot as promising as it is now. We just cannot disregard something with a large value. Remember instances wherein a guy paid using an amount of Bitcoin to buy a pizza? That’s how different situations are, now.

[Kelvinid]

Easy to say but difficult to actualize. I do get where this idea is coming from; previous investors who forgot about it and are now happy with how high its market value became. But since its price is already high, and since we don’t have an assurance that its price will further increase in the future, not to mention possible circumstances which might push an investor to pull his investments out,then it is just hard to think of. Previous investors made this possible only because it was amnot as promising as it is now. We just cannot disregard something with a large value. Remember instances wherein a guy paid using an amount of Bitcoin to buy a pizza? That’s how different situations are, now.

I could agree, yes because most of us have been reliant on a single source of income and at the moment we buy Bitcoin, we also then think about a profit and our mind is focusing on it. As we kept tracking our investment, the more we got into thinking about when it was bullish and when I sold it. The center of our mind is to make money from our investments which certainly have a huge impact on our decisions.
And this is the reality, some investors were long-term holders and patient while some were short-term holders and impatient. This will measure us how long we can keep our Bitcoin and the capability to hold.

[Minor Miner]

Easy to say but difficult to actualize. I do get where this idea is coming from; previous investors who forgot about it and are now happy with how high its market value became. But since its price is already high, and since we don’t have an assurance that its price will further increase in the future, not to mention possible circumstances which might push an investor to pull his investments out,then it is just hard to think of. Previous investors made this possible only because it was amnot as promising as it is now. We just cannot disregard something with a large value. Remember instances wherein a guy paid using an amount of Bitcoin to buy a pizza? That’s how different situations are, now.

I could agree, yes because most of us have been reliant on a single source of income and at the moment we buy Bitcoin, we also then think about a profit and our mind is focusing on it. As we kept tracking our investment, the more we got into thinking about when it was bullish and when I sold it. The center of our mind is to make money from our investments which certainly have a huge impact on our decisions.
And this is the reality, some investors were long-term holders and patient while some were short-term holders and impatient. This will measure us how long we can keep our Bitcoin and the capability to hold.

Even people with multiple sources of income will find it difficult to forget about investing for a while. Simply because if we are truly passionate about investing in bitcoin, we cannot stop watching news about it and stop discussing bitcoin every day.

Frankly, I can't do that, although I can't expect a bull season to come quickly or for it to turn a profit for me anytime soon. Not to mention, with the popularity of bitcoin and cryptocurrency, we will easily come across it on every social platform, forgetting about it these days is impossible. I don't believe anyone would do that and it's not necessary. When investing, we need to have a specific buying and selling plan, and do not need to forget about our investment.

[Ben Barubal]

    Isn't that how a long-term investor should think? That's why they are the capitalists who are not affected by what is happening in cryptocurrency; even if the news we hear is purely negative, they are just at ease and don't care.

    It's just that when they reach their target price value after a few years and plan to sell it, they will just go back to where they hid the bitcoin they bought and hold it. There is less pressure to be honest in this holdings strategy.

[TimeTeller]

   Isn't that how a long-term investor should think? That's why they are the capitalists who are not affected by what is happening in cryptocurrency; even if the news we hear is purely negative, they are just at ease and don't care.

    It's just that when they reach their target price value after a few years and plan to sell it, they will just go back to where they hid the bitcoin they bought and hold it. There is less pressure to be honest in this holdings strategy.

Long-term investors can do that because they have other means of getting money when they badly need it.
But if you are an investor who solely relies on your potential profit from this investment, for sure, you will check the market more often.
And you may possibly sell at a loss if you need the money and it is not yet right time for you to sell.
So as much as possible, if you will invest on this volatile market, make sure you are using your extra extra funds where you are no worried about its immediate return to your vault.

[Dr.Bitcoin_Strange]

Bitcoin broke above $30k, which is a good kick, but probably it's not yet the start of the bull market. We might even see the price going to $40k, but not to worry; that's not going to be the ATH for the season of the Bitcoin bull market. In essence, what I am saying is that whoever is planning on investing in Bitcoin now is not on the wrong track. Some people were waiting to buy at $22k, but now we have gone far past it, and I wonder what price they would be praying for the price to drop to before they could buy. If you invest in Bitcoin now and the prediction of the ATH for the bull season becomes reality, then it's going to be a huge profit archived, but whoever is not buying now might keep on procrastinating until the bull market finally settles in.

[barisbilgili]

Even people with multiple sources of income will find it difficult to forget about investing for a while. Simply because if we are truly passionate about investing in bitcoin, we cannot stop watching news about it and stop discussing bitcoin every day.

Those who invest for the long term will of course continue to monitor market conditions and they will not disturb the investment they are making because they already understand the strategy they are using.

Frankly, I can't do that, although I can't expect a bull season to come quickly or for it to turn a profit for me anytime soon. Not to mention, with the popularity of bitcoin and cryptocurrency, we will easily come across it on every social platform, forgetting about it these days is impossible. I don't believe anyone would do that and it's not necessary. When investing, we need to have a specific buying and selling plan, and do not need to forget about our investment.

Yes, it is true that because it is easy to find various information on various social platforms, it is very unlikely that we can forget about the investments we have made. Having a specific buying and selling plan will certainly be able to maintain the investments we have made.

[Xcode7]

Those who invest for the long term will of course continue to monitor market conditions and they will not disturb the investment they are making because they already understand the strategy they are using.

Always monitoring market conditions is not the right thing for brands that invest long term, in fact it is a bad thing in my opinion because it allows undesirable things to happen when market conditions are in a downward trend.
Each of us has a different strategy, for long-term investments the most difficult thing to control is emotion and panic, so we must be able to restrain this as much as possible so as not to change strategy in the middle of the journey and I really do not recommend it for those who often monitor conditions market.

Yes, it is true that because it is easy to find various information on various social platforms, it is very unlikely that we can forget about the investments we have made. Having a specific buying and selling plan will certainly be able to maintain the investments we have made.

Forgetting the investment we made does not mean we completely don't remember it, who will take the results later if we don't remember it. lol
However, this means that we don't care about whatever happens, so we have to focus on the goals we have set from the start for long-term investment.

[Y3shot]

Bitcoin investment has come to stay in the ecosystem, where Bitcoin get more expensive as time goes on, and one to invest in Bitcoin and forgot is not easy, accept does are already wealthy in financial sector, that can hold for a period of time, without minding that has a digital assets called Bitcoin that has already forgotten as the case maybe not easy, but more profitable to applied such principle in cryptocurrency space.

What will always make one's mind to be in bitcoin investment is when one is so much expecting profit from Bitcoin and when it is like this is very difficult for people to take their mind off from it.  It is very important to have source of income when investing in Bitcoin to be able to forget about the investment . The get rich quick mindset is a bad thought that deprive investors from achieving what they are supposed to have from their investment. Having a mindset that bitcoin investment is a long-time investment will help people nor to depend on bitcoin to gain profit quick.

[bitterguy28]

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

                                  - Buy Low Sell High -

That is what mostly wanted to say and do but do you really knows when to check the lowest? or when it is at low and ready to buy? this attitude makes many investors have wrong decisions , or have their regrets .

Buying when they believe its Lower but the next day it drops more again trapping them inside .

or selling when they believe its High but the next day prices continues to increase that even make it double from their selling price.

Why not instead of looking for low? just buy when you have funds? isn't the perfect decision that will send you less regrets?