Give Bitcoin investment time

[Out of mind]

People think it is easy to make profit from Bitcoin, you are right they invest in other platforms never expect to profit so fast.  But only by investing in Bitcoin they expect quick profit.  But they don't know that enough time is required to earn profit from Bitcoin.  Most of the investors in the trading sector are impatient because they are always worried about the profit.  Bitcoin is not an investment for the impatient.People who don't understand anything about Bitcoin and lack of education about Bitcoin face the risk of investing on the impulse of others.

The reason why people thinks they can get profits so fast from bitcoin investment is because they do not understand bitcoin,  they don't give their time to understand how bitcoin works. Someone with the right sense and understanding of bitcoin knows it is a longtime investment.  It is only those who are so desperate and ignorant  would think bitcoin is a way to make profit in a short time constantly. Their has been no time people invest in Bitcoin and make profits so quick the way people always expect it. Making profits from Bitcoin can't be predicted which people don't need to be in a rush to make money, good profit can only be gained by being patience.

I think people expect quick profit from bitcoin only because they can get rich in short time by investing in bitcoin. These moments of their greed work against their learning about Bitcoin, and they only expect quick profits, but don't take the time to understand Bitcoin. People don't think long time to understand Bitcoin, but they think about how to gain and profit in short time. This is done only by people who are not knowledgeable and not very knowledgeable about Bitcoin, they are just bent on making a profit. Investing in bitcoins should never be fickle but wait patiently for a long period of time to expect profit. However, it is true that if people want to earn from Bitcoin and get more profit, they must wait patiently for a long time.

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[Mr.right85]

Unfortunately, when people buy Bitcoin, they expect huge profits within a short period of time. This is the source of panic and fud that is exhibited by many Bitcoin investors.

This is the bases why many don’t approach it with an investment mindset although, they come to the field with the mind that, they are out to take up some Bitcoin investment and still, don’t wish to give it the time it needs because the idea has long been rooted in having to make a whole lot of money from Bitcoin and transfer the profit into other forms of business.

When the money they hope to get isn’t coming in at the designated time, they begin to panic especially when the market starts dumping. Then, you can find them running out and selling at a lose. Something I like to see non the less so, we don’t have those that just wants to take and don’t really give a cent about the technology they are exploiting.

[Synonyms]

I think people expect quick profit from bitcoin only because they can get rich in short time by investing in bitcoin. These moments of their greed work against their learning about Bitcoin, and they only expect quick profits, but don't take the time to understand Bitcoin. People don't think long time to understand Bitcoin, but they think about how to gain and profit in short time. This is done only by people who are not knowledgeable and not very knowledgeable about Bitcoin, they are just bent on making a profit. Investing in bitcoins should never be fickle but wait patiently for a long period of time to expect profit. However, it is true that if people want to earn from Bitcoin and get more profit, they must wait patiently for a long time.

It is not entirely true that investing in bitcoins gives very fast profits.Investing definitely requires patience and experience.There are many people who over invest and sometimes they lose a lot.I think now is the right time to invest in Bitcoin because the price of Bitcoin will drop a lot when Bitcoin halving starts, so if you buy Bitcoin at that moment, when the price increases, you will definitely profit.If one really wants to make a profit by investing in Bitcoin then he must be patient and gradually gain experience as he invests.

[TheUltraElite]

Investment needs time to yield the profit. However there are some fundamental differences between crypto and non-crypto assets which should be carefully understood before buying any from the investors point of view.

Patience is something of a virtue here, you cant hope to make money from bitcoin just by buying a lot today. It will cycle through bear and bull and then you sell it to get the profit. Haste will lead to waste here and the altcoins shining out as methods to quickly get rich are horrible choices often taken by newbies and gullible people.

[Tuturtinular]

Investment needs time to yield the profit. However there are some fundamental differences between crypto and non-crypto assets which should be carefully understood before buying any from the investors point of view.

Patience is something of a virtue here, you cant hope to make money from bitcoin just by buying a lot today. It will cycle through bear and bull and then you sell it to get the profit. Haste will lead to waste here and the altcoins shining out as methods to quickly get rich are horrible choices often taken by newbies and gullible people.

Yes, all investments require time for the investment value to become more expensive. However, in bitcoin the time required can vary, if we are lucky then the price of bitcoin can rise very quickly within a few months, if not then wait 4 years then usually the price of bitcoin will rise.

I think altcoins have good potential, altcoins can rise very high or fall to the bottom of the abyss. Altcoins do have huge risks but their prices can rise tens of times, so the risk is worth it. I think choosing bitcoin or altcoin to trade is every individual's choice

[GiftedMAN]

Investment needs time to yield the profit. However there are some fundamental differences between crypto and non-crypto assets which should be carefully understood before buying any from the investors point of view.

Patience is something of a virtue here, you cant hope to make money from bitcoin just by buying a lot today. It will cycle through bear and bull and then you sell it to get the profit. Haste will lead to waste here and the altcoins shining out as methods to quickly get rich are horrible choices often taken by newbies and gullible people.

It is obvious that not everyone that think thag Bitcoin investment need to take a lot of time. Those that had been in the crypto market knows that to get rich in the market, there should be enough to dedicate for the investment to grow and bring forth fruits. Those that rush to get profits from Bitcoin investment are the ones that will still come back to complain about not making profits from the market. We need to give our investment enough time for it to grow and germinate if not, we'll be running around to improve it without knowing that we are the major problem why we are not seeing any profits.

[puloweh555]

Investment needs time to yield the profit. However there are some fundamental differences between crypto and non-crypto assets which should be carefully understood before buying any from the investors point of view.

All the activities we want to do require time to achieve success both in investing in bitcoin and real estate. This is an important mindset that must be put into your head before trading. Without patience, most of the decisions we make are wrong and ultimately end in losses.

Patience is something of a virtue here, you cant hope to make money from bitcoin just by buying a lot today. It will cycle through bear and bull and then you sell it to get the profit. Haste will lead to waste here and the altcoins shining out as methods to quickly get rich are horrible choices often taken by newbies and gullible people.

Patience is the main key in investing both short and long term in both Bitcoin and Altcoins. Of course, Bitcoin has been proven to be a long-term investment. This is proven if you look at the history of Bitcoin's journey from time to time. So if you invest in Bitcoin, the key is just patience, so you will get profits in the future.

In my opinion, altcoins are an uncertainty, you can only guess. It is true that there are those who make a profit very quickly, but there are also those who will end up losing very quickly too, except for the top 10 altcoin. But even then there is no guarantee and it will actually make us lose like Luna coin, that is the weakness of trading or investing from altcoins.

[CoinFoxs]

I think everyone here already knows that. I think it's more important not to push people into Bitcoin. If they are interested themselves - you can tell them everything you think you should. But just doing that from nothing is kinda pointless.

Everyone knows about the importance of bitcoin they all need to know the basics of trading and only seasoned traders can guide them as they have the knowledge of the market. They know which coins are good for investments and which are not. We have to guide them first then they will do trading on their own!

[lalabotax]

Unfortunately, when people buy Bitcoin, they expect huge profits within a short period of time. This is the source of panic and fud that is exhibited by many Bitcoin investors.

Actually, why many people hope to be able to double their capital quickly when investing in Bitcoin compared to other investments is one of the reasons for the hype of Bitcoin. Just look, in my opinion, there is nothing as hype as Bitcoin for investment matters. In this case, when you come across something that is very hyped at times, especially the hype is extraordinary, without being based on good knowledge, then we just focus on the results. Without having to understand and want to know how the process works. Their desire to quickly get high profits in Bitcoin is real and their patience is that thin. Moreover, the mentality of investing in Bitcoin also plays into it. When it comes to other investments, the price is not that volatile, but Bitcoin, we know how it fluctuates.

[BitDane]

When people start up a company, they give it some years before they expect profits. Most times they even re-invest their profits to expand and build their company to the standard they desire and this requires time. Furthermore, when people buy stocks of a company or make investment in businesses, they give it time which run into years before they expect profits.

Unfortunately, when people buy Bitcoin, they expect huge profits within a short period of time. This is the source of panic and fud that is exhibited by many Bitcoin investors.

A true investor knows the time frame to profit.  These people who expect huge profit within a short period of time are not accustomed to investment.  They are probably newbies that were hyped to put in money and were misguided and by the person that informed them about Bitcoin.

While educating people about Bitcoin, I think it is wise we tell them Bitcoin need time to yield profit, let us change our approach in sharing Bitcoin knowledge so that people will not come into Bitcoin with the mindset of get-rich-quick.

It is best to tell them to do their own research and verify the information given to them so that they can't be misled by people who have little knowledge about BTC.

[Uruhara]

I think everyone here already knows that. I think it's more important not to push people into Bitcoin. If they are interested themselves - you can tell them everything you think you should. But just doing that from nothing is kinda pointless.

Everyone knows about the importance of bitcoin they all need to know the basics of trading and only seasoned traders can guide them as they have the knowledge of the market. They know which coins are good for investments and which are not. We have to guide them first then they will do trading on their own!

Teaching others from scratch is very difficult. Sometimes we have to be clever at making parables or something like that if their knowledge regarding digital assets and crypto is very minimal. And things like this are not easy. Then, even in trading, we must provide direction along with practices that are easy to understand. Teaching them basic analysis may be quite easy. But teaching them about the importance of managing emotions in trading is also not easy. Because to be able to manage emotions in trading, it turns out that experience is needed. But one thing that is certain is that Bitcoin should indeed be much more suitable for long-term investment than for short-term trading. But people who want quick profits. They always choose fast trades. only when they experience losses will they understand how difficult fast trading is.

[JoyMarsha]

One thing I noticed is impatient among the newbies investors since their mindset are always focused on profits maximisation and, secondly other thing that counts again is the approach just as you said, people didn't give them the real concept and how it works. I could remember someone telling me he will invest when bitcoin price is going up saying that now is too dip that he doesn't want to lose his money.. and I was like you don't want to buy dip and sell when is coming upor hold for long term? And he said yes then I didn't want to go Into argument with him because I know he is not ready to learn so I didn't go further telling him to buy because it's against his wish and whatever that comes out of it I may bear the blame.

That's because the people that have introduced them to bitcoin probably was embellishing stories and they don't balance out the negatives and the positives that bitcoin has, they solely focus on positives because they want the people to receive the bitcoin gospel wholly so they try to not talk about the negatives more often. Maybe it's the impatience, but I think that misinformation also plays a key role why newbies fail or experience loss early on their investment journey.

Whoever introduces bitcoin to newbies without also exposing them to its downsides will ultimately bear responsibility. When expectations of newbies don't line up with what they have heard, they will blame him or her. They will start to question the person and claim that they were forced to make investments that would result in their financial loss. 

The idea of investing in bitcoin should not be praised. When discussing investing in it with someone, it is preferable to be blunt. Investment decisions are made by the Person, not you. Since investing involves money, it is never a good idea to sugarcoat anything about it.

[Wend]

Bitcoin is a get rich faster scheme if we compare it with other investments like gold, stocks or real estate. Bitcoin is more volatile and has a higher growth rate than them, that's why we choose bitcoin, but it is not an investment that can make us rich in just a few months or in a year as many people are thinking.

True, and some people think that volatility is not good. For me, that's the one of the biggest reason why Bitcoin is good for investment.

Me too, bitcoin's high volatility is the reason I invest in it more than any other investment. But we should not blame those who do not like its volatility because they are people who like safety and do not like risk. Not to mention many people still don't see bitcoin as an investment, they just see bitcoin as a currency so there's a reason why they like the volatility. But if bitcoin was no longer volatile, would it still be of interest to people? Just on our forum, up to 99% are investors and if bitcoin stabilizes, will they continue to go with bitcoin?

[gunhell16]

When people start up a company, they give it some years before they expect profits. Most times they even re-invest their profits to expand and build their company to the standard they desire and this requires time. Furthermore, when people buy stocks of a company or make investment in businesses, they give it time which run into years before they expect profits.

Unfortunately, when people buy Bitcoin, they expect huge profits within a short period of time. This is the source of panic and fud that is exhibited by many Bitcoin investors.

While educating people about Bitcoin, I think it is wise we tell them Bitcoin need time to yield profit, let us change our approach in sharing Bitcoin knowledge so that people will not come into Bitcoin with the mindset of get-rich-quick.

It is right that it should be explained to the person who will have curiosity that having a profit in Bitcoin in a short period of time can happen if we have extensive knowledge of trading skills here in the Bitcoin space. Because if we have no or zero knowledge of trading skills, it is not possible for newbies to earn Bitcoin in a short period of time.

Most of the time, Bitcoin should be held while studying it for a few years or waiting for a bull run before selling it again. If you don't know anything by now, save Bitcoin first if you believe in it. It's no different from the fiat that we save; the only difference is that with Bitcoin, it's possible that the 100 dollars you save now can happen at least five times in the coming seasons or more.

[Blitzboy]

When people start up a company, they give it some years before they expect profits. Most times they even re-invest their profits to expand and build their company to the standard they desire and this requires time. Furthermore, when people buy stocks of a company or make investment in businesses, they give it time which run into years before they expect profits.

Unfortunately, when people buy Bitcoin, they expect huge profits within a short period of time. This is the source of panic and fud that is exhibited by many Bitcoin investors.

While educating people about Bitcoin, I think it is wise we tell them Bitcoin need time to yield profit, let us change our approach in sharing Bitcoin knowledge so that people will not come into Bitcoin with the mindset of get-rich-quick.

It is right that it should be explained to the person who will have curiosity that having a profit in Bitcoin in a short period of time can happen if we have extensive knowledge of trading skills here in the Bitcoin space. Because if we have no or zero knowledge of trading skills, it is not possible for newbies to earn Bitcoin in a short period of time.

Most of the time, Bitcoin should be held while studying it for a few years or waiting for a bull run before selling it again. If you don't know anything by now, save Bitcoin first if you believe in it. It's no different from the fiat that we save; the only difference is that with Bitcoin, it's possible that the 100 dollars you save now can happen at least five times in the coming seasons or more.

Really, anyone who gets into Bitcoin thinking they can make money right away needs to be brought back to reality. To be profitable, you need to spend money and truly understand the subtleties of trading as well as how people's actions affect market sentiment. As a result, you're like a fish out of water and can be attacked in any way.

That's exactly what you said: patience and a long-term view are very important. Cryptocurrency, like fiat, is a chance. The unique qualities and growth prospects of this digital asset make it appealing. Keep in mind, though, that its not a raffle ticket; its a financial instrument. reating it any differently is, quite frankly, setting oneself up for disappointment. Belief and caution should always be balanced. Half the fight is knowing this.

[yazher]

Unlike before, this is not the case anymore because most investors nowadays know exactly why they hold bitcoins and they are carefully storing it well while waiting for another bull run which is a high chance to occur in the bitcoin halving season. I remember back then when someone used his grandmother's retirement funds to buy bitcoins and when the price crashed, he blamed all the users here due to the topics he read about bitcoin price speculations. I wonder how he is doing right now, if only he could wait for some years, he could have been happy rather than putting the blame on other people.

[uneng]

Unfortunately, when people buy Bitcoin, they expect huge profits within a short period of time. This is the source of panic and fud that is exhibited by many Bitcoin investors.

It's because that is how Bitcoin was promoted to them when they were firstly introduced to crypto world. However, if Bitcoin was properly taught at schools by serious professionals, and not by the media or virtual scammers, since an early age, people would get much more realistic about their Bitcoin expectations since the beginning of their journeys, avoiding a lot of misunderstandings, losses, regrets and complaints later. The issue is that we depend on our local governments to allow such content to be part of the school's grade. And since many of them are against or hostile to Bitcoin, it's still unlikely we are going to see any advancement on this aspect anytime soon in most countries...

[redsun114]

Price volatility and misguidance are probably the reasons why most new investors have such mindsets regarding Bitcoin or cryptocurrencies, one more reason could be the pump-and-dump cryptocurrencies that gain and lose substantial value in a very short period of time and when inexperienced investors see that, they expect the same to happen with Bitcoin or any other cryptocurrency which isn't actually the case but it's all because of a few misunderstandings from their side.

People mostly do their homework before they start a business or want to become a shareholder in a certain company or establishment, which they don't do in a proper way when getting into the cryptocurrency market and whatever they've heard and seen from here and there is what is stored in their mind and they think of this market as a way to get a lot of money in a very short period of time which happens, sometimes, but only out of luck.

[boyptc]

Bitcoin investment is not a getting Rich quick business, but to get rich in Bitcoin is sure as long you can hold for a long time

The people that are not yet into Bitcoin has this thinking, they think that those who have become successful in Bitcoin just managed to invest newly as if it seems like get rich quick scheme but it's not.

in other words people don't have patience when it comes investment, but rather them need it quick profits, which many people have lost money through ponzi scheme or trading investment platform that promise a certain percentage return profits and end up being scammed. Having said that, the best way of good return profits is long term holding of Bitcoin, given it time is very important.

Those that want to get rich quick should learn to manage their patience, it's not the way to go because the more you want it to be quick, the more you're making yourself vulnerable into higher risks.

You're right that they may fall into ponzi schemes which is typically happening to those that don't have patience at all. And those that are trying to trade, much better if you study that but it takes time and money as well so patience is still needed.

[MarjorieZimmermanGinger]

Unlike before, this is not the case anymore because most investors nowadays know exactly why they hold bitcoins and they are carefully storing it well while waiting for another bull run which is a high chance to occur in the bitcoin halving season.

For some people they know exactly what to do in conditions like now because they have seen Bitcoin's journey so far. Holding bitcoin for the long term while accumulating it is the best way to make big profits and this is usually done by some people who do not have large capital. If we are able to see the right opportunity to buy and are supported by large capital then this step will be much more optimal, but if our finances are limited perhaps one way is to use the DCA pattern.

I remember back then when someone used his grandmother's retirement funds to buy bitcoins and when the price crashed, he blamed all the users here due to the topics he read about bitcoin price speculations. I wonder how he is doing right now, if only he could wait for some years, he could have been happy rather than putting the blame on other people.

That's why someone must be able to be responsible for the investments they make and not force themselves beyond responsibility to lose. Even though Bitcoin is one of the best investments, if someone comes to this investment without good knowledge and experience then something like the case you are talking about will happen. In fact if he acts calm and doesn't sell out of panic, he certainly won't lose because Bitcoin will return to a repeating cycle.