Give Bitcoin investment time

[tjtonmoy]

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.

Making quick money with Bitcoin is possible, but it does not happen quite often. The market is volatile, and the price movement is unpredictable and for this reason many events could cause bitcoins price to pump suddenly to a level where you can make quick profit. It will take a tremendous luck for this to happen. And people think that they can do it too. But it becomes more like a gamble. If the luck is on your side, you may win something huge.

Bitcoin has always been a long term investment asset. You can only get a good amount of profit without any kind of risk only by Hodling for longer period of time. The risk is there, but it's not that much to be considered as a risk. I mean, it's an online thing and anything could happen to it at any time. No one can guarantee a 100% secure investment. And all investment carries risks.

Also, bitcoin is not an asset to begin with. So if a person is willing to come into bitcoin just only for its use case, then they don't need to know about all of this. But I like the idea of sharing every bit of knowledge that comes with bitcoin learning. The more you know, the better. And you need to know every pro and cons of bitcoin before joining. You will get profit, yes! When will you get it? You need to wait a longer period of time! That's what bitcoin is.

[Distinctin]

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.

This is a realization that most of the people who want to invest in bitcoin do not actually understand bitcoin well and their decision to invest in bitcoin is not because they are highly knowledgeable about it but they invest because they believe that bitcoin will offer quick profits just by short term investing. In reality, it is very wrong because in all kinds of investments, profits are gained after years of business operation and bitcoin is never an exception. And its clear that those who risk in business do not enjoy profits very early but most of the time, they incur losses at first before they will come to enjoy the fruits of their business, that is their most awaited profits.

Education can be vital for all bitcoin investors. That they should understand all the basics about bitcoin first before they take part in risking their money to invest in bitcoin. And just like other type of businesses, bitcoin investment needs more time to progress before people will enjoy harvesting their profits.

[seanskie18]

Bitcoin investors desire quick returns and may become tired of holding their coins due to fear. However, they can still be part of Bitcoin by being open to new ideas and not viewing it solely as a means to make money. They perceive Bitcoin as riskier than their professions, as they don't fully trust it.

[Vaskiy]

Bitcoin investors desire quick returns and may become tired of holding their coins due to fear. However, they can still be part of Bitcoin by being open to new ideas and not viewing it solely as a means to make money. They perceive Bitcoin as riskier than their professions, as they don't fully trust it.

It is not because of the trust issue. This is much connected with the way users have been said. Most of the users who had turned to be cryptocurrency users were not by choice, their involvement is by purpose. A close friend or someone next to him/her have introduced it as a better investment and had shown the growth chart and life changing experience of many people. This surely makes them get into these kind of thoughts. When they enter and start using cryptocurrency as investment as well as for other purposes, we'll get to know better about bitcoin and how it grows.

[Assface16678]

Bitcoin investors desire quick returns and may become tired of holding their coins due to fear. However, they can still be part of Bitcoin by being open to new ideas and not viewing it solely as a means to make money. They perceive Bitcoin as riskier than their professions, as they don't fully trust it.

Well, we can't blame them; they enter bitcoin hoping to earn a lot, as they foresee the potential of bitcoin or how popular it is right now. I'd say bitcoin is not for a person who doesn't have the patience or financial state to sustain their investment. Why? It's because investing in bitcoin, while potentially lucrative, requires a significant amount of time and patience; unlike trading, you don't place your trade and expect it to profit the next day. But in order to earn a lot, you need to wait, and of course, you need to think carefully before making your trade or investment. So for those who desire quick profit, sometimes they are the ones that face a miserable situation because of bitcoin; they are the ones who blame bitcoin, but the truth is, they are the ones who place themselves in that situation. You are right; bitcoin or any crypto is not for people who desire a fast profit.

[Sebas.tian]

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 very important for investors to apply long holding to their Bitcoin, if truly they want to make a huge amount of money from their investment, because the longer you hold your Bitcoin in a safe place it will determine how much income you are going to make when the price increase higher in the future. You can still make income from short term holding but the income will not motivate you like the way long term income will motivate you to increase your capital so that your income will multiple in the next pump. Bitcoin investment is different from fiat investment, and always try to be patience whenever you are ready to hold Bitcoin for a long period of time which is the best way nvestors use to secure income from their investment.

[Webetcoins]

Maybe that is because this is what they see Bitcoin (or as a quick rich scheme) so their expectations are high about it. It also depends on the people. Be it BTC investment, or a business, there will always be people who are too impatient. The source of panic is not because of it but it is due to FUD and other negative (legit) happenings in the market. It won't also be possible if their emotions aren't too fragile enough.

We never fail to educate people about Bitcoin, it's just that they neglect it and rush in the gold. There is no need for us to change the way we taught BTC but the one's that needs a change are those people in our subject.

[Fara Chan]

Every investor has a different way of getting profits from the investments they make, some take profits in the long term and some take profits in the short term, but if we are just introducing investment to new people, I think it is better for us to advise them to hold in long term so that they can gain profits from the investments they make.

Investors who like to take profits in the short term are no different from traders who often stop by the market, because traders very often carry out actions like that in what they trade. But investors should be a little different from traders in the market, although it is also not wrong to do things like that because it is for the profit that they can get through their investment. However, let's look at some investors who like to take profits after setting their investments in the long term, I see the profits are much more extraordinary than those who take them in the short term.

[Negotiation]

Bitcoin investors desire quick returns and may become tired of holding their coins due to fear. However, they can still be part of Bitcoin by being open to new ideas and not viewing it solely as a means to make money. They perceive Bitcoin as riskier than their professions, as they don't fully trust it.

I think they don't have a good idea about bitcoin because they don't have faith invest in bitcoin and proceed with faith. There is no fear of getting lost in the crypto market bitcoin is at the top of all currencies. Other currencies rise in value depending on the price of bitcoin is the best currency to invest in and it is possible to earn some profit if you wait long term. Like all other currencies there is no reason to fear if the price goes down it's just a matter of time before it pumps up again.

[taufik123]

-snip-
However, let's look at some investors who like to take profits after setting their investments in the long term, I see the profits are much more extraordinary than those who take them in the short term.

Long-term investing will be great when it's done right.
buy gradually with some capital that is indeed provided.
When compared with short-term selling, it will only get temporary profits.

There is no better profit accumulation than long-term.
Short-term trading is full of emotional pressure that will result in profit itself. 
If you calculate the profit gained between long-term investment and as a day trader, the results will tend to be the same or even more long-term investment,
without emotion, without panic, and only need to wait for the main target to be achieved.

In addition, there are also some traders who do swing trading by utilizing the Mid-Term Time Frame (1H-1D) entering at a cheap price and then selling when the price starts high, this may last for several days or several weeks, depending on the top resistance target reached in that time frame.

[Lorence.xD]

Bitcoin investors desire quick returns and may become tired of holding their coins due to fear. However, they can still be part of Bitcoin by being open to new ideas and not viewing it solely as a means to make money. They perceive Bitcoin as riskier than their professions, as they don't fully trust it.

I think they don't have a good idea about bitcoin because they don't have faith invest in bitcoin and proceed with faith. There is no fear of getting lost in the crypto market bitcoin is at the top of all currencies. Other currencies rise in value depending on the price of bitcoin is the best currency to invest in and it is possible to earn some profit if you wait long term. Like all other currencies there is no reason to fear if the price goes down it's just a matter of time before it pumps up again.

There's still fear involved if your are doing investment cause we're still not sure about Bitcoin's outcome since it's volatile, plus some of the investors exit earlier than holding for a long time, due to they really prefer quick-profits. There's no actually wrong with that, since some would really need money as soon as possible so they prefer quick-profits so we could also consider it similarly to trading. Cause if we can observe, Bitcoin's is at 25K-30k+$ at the moment, if we were expecting profit if you invested at 20k$ then it's safe to say that you could already exit. But some really prefer to hold for that long and wait for the bull run. Still I prefer long term investment, as you could avoid being emotionally and mentally pressured and drained like trading, especially with the DCA method where you can consistently invest in a price and day you set.

[Y3shot]

Bitcoin investors desire quick returns and may become tired of holding their coins due to fear. However, they can still be part of Bitcoin by being open to new ideas and not viewing it solely as a means to make money. They perceive Bitcoin as riskier than their professions, as they don't fully trust it.

I think they don't have a good idea about bitcoin because they don't have faith invest in bitcoin and proceed with faith. There is no fear of getting lost in the crypto market bitcoin is at the top of all currencies. Other currencies rise in value depending on the price of bitcoin is the best currency to invest in and it is possible to earn some profit if you wait long term. Like all other currencies there is no reason to fear if the price goes down it's just a matter of time before it pumps up again.

This to get profit quick in investing bitcoin is the problem which people are having, it is very hard for people who so desperate to make profit from Bitcoin because they won't be be able to stay calm when volatility is affecting the market. Some people just have the mindsets of making money from bitcoin which can make them to end up selling to be at lose. If investors gets to understand bitcoin very well it will  be helpful in making them to understand that bitcoin is profitable in long-term investment and this can be achieved if investors learn the habit to be patience.  

[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.

This is a realization that most of the people who want to invest in bitcoin do not actually understand bitcoin well and their decision to invest in bitcoin is not because they are highly knowledgeable about it but they invest because they believe that bitcoin will offer quick profits just by short term investing. In reality, it is very wrong because in all kinds of investments, profits are gained after years of business operation and bitcoin is never an exception. And its clear that those who risk in business do not enjoy profits very early but most of the time, they incur losses at first before they will come to enjoy the fruits of their business, that is their most awaited profits.

Education can be vital for all bitcoin investors. That they should understand all the basics about bitcoin first before they take part in risking their money to invest in bitcoin. And just like other type of businesses, bitcoin investment needs more time to progress before people will enjoy harvesting their profits.

It looks like everyone is jumping into the bitcoin scene like its a gold rush, trying to get rich. However, most people dont understand the technology behind it or what it means for the future. Whats with that? Bitcoin trading isnt a magic way to get rich overnight, thats what people need to understand. Real investment takes a lot of determination, time, and study.

Its good that you brought up the need for knowledge. Lets be honest: how many people really take the time to learn about the blockchain, freedom, and security of cryptocurrencies? A fleeting few. Putting money into stocks without fully understanding them can have terrible results. Bitcoin should no longer be seen as a way to get rich quickly. Instead, it should be treated like any other serious business. Dont jump on bandwagons without knowing where they're going. Instead, dive deep and learn the ropes.

[Popkon6]

I think they don't have a good idea about bitcoin because they don't have faith invest in bitcoin and proceed with faith. There is no fear of getting lost in the crypto market bitcoin is at the top of all currencies. Other currencies rise in value depending on the price of bitcoin is the best currency to invest in and it is possible to earn some profit if you wait long term. Like all other currencies there is no reason to fear if the price goes down it's just a matter of time before it pumps up again.

Investors can experience a portion of Bitcoin's profits, which makes investors restless to receive dividends as they lose patience. Here if we invest in Bitcoin for long term, the number of profits will definitely be higher so this kind of information should be mentioned while acquiring Bitcoin education. And the investor should be taught more that investing in bitcoins requires patience and high risk tolerance. So if you invest as a typical investor it is definitely possible to get benefits. Many people get restless when the price of Bitcoin falls but there is no reason to fear that Bitcoin will roar again in 2021. It is possible that Bitcoin will surpass its previous price at each halving.

[Uruhara]

Maybe that is because this is what they see Bitcoin (or as a quick rich scheme) so their expectations are high about it. It also depends on the people. Be it BTC investment, or a business, there will always be people who are too impatient. The source of panic is not because of it but it is due to FUD and other negative (legit) happenings in the market. It won't also be possible if their emotions aren't too fragile enough.

We never fail to educate people about Bitcoin, it's just that they neglect it and rush in the gold. There is no need for us to change the way we taught BTC but the one's that needs a change are those people in our subject.

Not only other people but I personally have been a person who rushes into everything. Including Bitcoin investment. But sometimes we know that we have to give it time until we can get maximum benefits. But when the market provides little profit, sometimes we rush to take advantage. We released bitcoin too quickly. But that happened when I didn't understand what the Bitcoin halving was and didn't see better potential in the future. Because after I really studied bitcoin, I now understand that bitcoin is indeed more suitable for long-term investment. So I think almost all beginners will always go through this phase. but in the end if they can learn more then they will understand how to invest well in Bitcoin.

[Fuso.hp]

We can never expect extra profit in a short period of time. At the time of opening a business, we don't assume that initially we may lose money in this business and accepting those losses, but we build a business and maintain the business after the losses occur for a period of time. Why do we expect huge returns in a short period of time when investing in Bitcoin where we accept losses to build a business. Be it business or investment, it is possible to earn a lot of profit in a short period of time. We think now is a good time to invest in bitcoin but if we expect huge amount of profit while investing in bitcoin then it would be foolish for us to think. Even if we invest now, we may have to wait a long time before that. After a long period of time if the market changes enough we will see a return on our investment.

[Orpichukwu]

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.

Even those who know about bitcoin still need to hear more information about it, so if we have information that can add to anyone's knowledge, we should always share it with them.
 
For those who know nothing about bitcoin, giving them information about it is also not a good idea, and I don't think that's where the problem comes from.
 
Where we always have problems is when someone who is giving out the information to the next person happens to always be teaching it in the wrong way, giving those who need the information the wrong mindset and making them feel like bitcoin can change their financial status.
 
If you can educate anyone about bitcoin as a secured means of savings and any other feature that it has and warn people against seeing it as a means of getting quick money, then we can rest assured that very few people will have to view it as a Ponzi scheme again.

[TimeTeller]

We can never expect extra profit in a short period of time. At the time of opening a business, we don't assume that initially we may lose money in this business and accepting those losses, but we build a business and maintain the business after the losses occur for a period of time. Why do we expect huge returns in a short period of time when investing in Bitcoin where we accept losses to build a business. Be it business or investment, it is possible to earn a lot of profit in a short period of time. We think now is a good time to invest in bitcoin but if we expect huge amount of profit while investing in bitcoin then it would be foolish for us to think. Even if we invest now, we may have to wait a long time before that. After a long period of time if the market changes enough we will see a return on our investment.

Actually, that's where most newcomers in this market are getting this wrong.
Because they thought this market will be their savior and will give them huge profits once they enter in this market.
And this is why a lot are getting disappointed after learning that there's more than meets the eyes before you can really earn something.
The good time to invest in this market is whenever you have your extra funds, you should not feel pressure  from people around you because it is your funds that are on the line.

[Natalim]

Maybe that is because this is what they see Bitcoin (or as a quick rich scheme) so their expectations are high about it. It also depends on the people. Be it BTC investment, or a business, there will always be people who are too impatient. The source of panic is not because of it but it is due to FUD and other negative (legit) happenings in the market. It won't also be possible if their emotions aren't too fragile enough.

We never fail to educate people about Bitcoin, it's just that they neglect it and rush in the gold. There is no need for us to change the way we taught BTC but the one's that needs a change are those people in our subject.

Perhaps, they were taught that once they invested today, they already made a profit the next day. And they believe those words from social media influencers. Well, I couldn't say it was totally wrong because sometimes it happens that there is a pump after buying and making the statement right but most of the time, it bond to be wrong. But if we have to understand clearly the meaning of investment, we can just realize that it takes time to harvest results and takes several months or years, not days.

[Obari]

Please sound it more clearer.
People seem to mount unnecessary pressure on themselves as a result of wanting so much profits in no distant time and this is also one of the reason why alot of people get easily scammed and people should first identify and understand their target and goal in the industry as to of they will be holding for a long time or day trade as our interest are always different bjt at the long run, I also agree that most of this mentality was passed to them from people that got them into the space and when they don't get what they want and what was promised, they tend to give up and speak of cryptocurrencies which is wrong.