shepherd_gee (OP)
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Questions like this has popped out in several occasions and arguments concerning Bitcoin investment. My friends will say you must lose before you gain or rather have more experience investing in Bitcoin. If its how it work, Bitcoin isn't for a low income earner as well as not gonna make you rich when you can't invest something tangible to it. On the other hand people are been made big and wealthy in same program. What does it in tell, cos am quite sure people had already known what's going to happen in the market in the nearest future to give them the strong mindset to invest porously. My biggest fear is losing my hard earn to something as volatile, vulnerable and uncertain as btc. What's the possibility you invest without losing. Is it guaranteed in this kinda market?
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Beparanf
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December 29, 2023, 04:16:28 PM |
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Questions like this has popped out in several occasions and arguments concerning Bitcoin investment. My friends will say you must lose before you gain or rather have more experience investing in Bitcoin.
This is not always true because you can have an early success if you will just hold on Bitcoin without being a weak hands when the price go down. The only time this saying is true is if you enter on investment while you don’t know what exactly you are entering because you will always be fearful when the price going down. If you will just hold Bitcoin, You will never experience realized loss but rather just a paper loss which you can recover by just holding. You are not really losing your money on Bitcoin if you will just hold tight until the price is high that is good for take profit.
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Cryptomultiplier
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December 29, 2023, 04:28:36 PM |
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Losing is a part of winning, that's one thing you must acknowledge and when it comes to investing in BTC or cryptocurrency in general, you can loose faster because of the market volatilities like whale movements and rise in prices of these coins. Still, in order not to loose much if you intend to make much future profit is to, DCA. That is, accumulate just like the way Michael Saylor is doing with Microstrategy and after a long duration maybe close to a decade, you sell it off and reinvest.
Also, if it is to trade BTC or cryptocurrency that challenges you most, it is the truth they say that you would make much losses at first until you learn the right practice to secure your trades. Invest with money you can afford to lose.
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tjtonmoy
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December 29, 2023, 04:52:05 PM |
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Nothing is guaranteed and it is an uncertain market. But you can be profitable if you know how the market works. Because history tells us a different story when it comes to Bitcoin. In order to be successful in Bitcoin investment, you need to have certain skills and experience. You cannot learn them overnight and even after learning you cannot put that into work to make profit quickly. Bitcoin investment has always been a long-term plan and you need to be able to wait for that moment to come if you want to be profitable. It is not necessary that you lose in Bitcoin investment but the person who lose must not have enough knowledge about it. Then again, profit and losses are a part of any kind of investment. It's a risk that you have to take in any kind of investment which does not exclude Bitcoin.
Everyone will say this and I will say this too, if you have the will to hold your investment till the right time, you will be profitable. Holding is the key when it comes to Bitcoin investment but it is also necessary to learn when to sell. Because it will not keep on growing infinitely. What goes up, comes down too. Buy and hold. Also, wait for the right time to come so that you can sell and make a profit.
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Odusko
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December 29, 2023, 05:13:11 PM |
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I don't believe that everyone must lose before their gain in Bitcoin unless if the speaker is talking about the frequent price movement of Bitcoin which moves up and down, that is you lose and gain at regular intervals while holding Bitcoin. But to say that you have to lose your money that is both value and an asset as a feature of Bitcoin investment that means we relating Bitcoin to some altcoins or even Ponzi schemes, no one loses with Bitcoin unless you choose to liquidate your holding at a less price compared to the price you bought the Bitcoin. But anything other than that means you will recover, so if this is the assumption of those making such misconception statements, it then means that they do not really understand what Bitcoin is and stands for as an investment.
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abel1337
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December 29, 2023, 05:22:12 PM |
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Questions like this has popped out in several occasions and arguments concerning Bitcoin investment. My friends will say you must lose before you gain or rather have more experience investing in Bitcoin. If its how it work, Bitcoin isn't for a low income earner as well as not gonna make you rich when you can't invest something tangible to it. On the other hand people are been made big and wealthy in same program. What does it in tell, cos am quite sure people had already known what's going to happen in the market in the nearest future to give them the strong mindset to invest porously. My biggest fear is losing my hard earn to something as volatile, vulnerable and uncertain as btc. What's the possibility you invest without losing. Is it guaranteed in this kinda market?
Nope. Even if it is not a guarantee that bitcoin will rise today or let say this month, there so many people who are speculating that it will sky rocket in value when the bull market arrives. So if you have bought your bitcoin and you make it stay in your wallet without selling it until the right time, you probably will get a profit. If bitcoin goes down below your buying price, you still have the whole portion of bitcoin that you had bought, the logical thing to do is to just wait for it to rise in value. New investors lose because they sold their bitcoin because of fear or panic, that is why they lose. You don't need to experience it that's why just hold it long till you are satisfied with the price.
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kryptqnick
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December 29, 2023, 05:51:18 PM |
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Whether you lose before you gain depends on when you invest, how long you hodl, and how much negative change you consider a loss. If you're lucky to invest when the bull run is starting out, and then you sell at the top of it, you don't have to lose before you gain. If you invest at the same time as before but decide to wait for more bull markets for a bigger profit, you might lose before you gain. If you consider something like a 5-10% price drop a loss before gaining, then it's extremely likely that you will lose before you gain. But if you aren't selling, you aren't really losing when the price is temporarily down. You can just wait it out and gain. At least, in theory. If you're worried about volatility and losing what you invest, I think it's better not to invest because there are no guarantees that everything will go smoothly.
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criptoevangelista
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In ₿ we trust
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December 29, 2023, 05:52:02 PM |
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Bitcoin is not an investment, it is a hedge.
Bitcoin is not vulnerable, it is the safest technology on the face of the earth.
Bitcoin is not uncertain, it is an evolution of money as we know it.
I think that for you and your friends what is missing is fundamentalist study. Because from what you wrote your knowledge about bitcoin is none.
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SatoPrincess
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December 29, 2023, 05:52:20 PM |
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My friends will say you must lose before you gain or rather have more experience investing in Bitcoin. If its how it work, Bitcoin isn't for a low income earner as well as not gonna make you rich when you can't invest something tangible to it.
Bitcoin is a volatile asset and is subject to up and downs in price. You’re right, bitcoin isn’t going to make you rich overnight. It takes time to reap the rewards of your investment. Even if you’re a low income earner, you can still buy bitcoins, you don’t have to buy a whole bitcoin. You can buy fractions while you DCA. The most important thing to remember is to invest only what you can afford to lose. On the other hand people are been made big and wealthy in same program. What does it in tell, cos am quite sure people had already known what's going to happen in the market in the nearest future
Early adopters are the lucky ones, they made a fortune investing so little. Those days are gone now, Bitcoin has become more popular and more valuable. I don’t think those guys were 90% certain Bitcoin would reach this price in such a short time. If they did, we wouldn’t have the Lazlo story and other stories of people misplacing their wallets hodling large amounts of Bitcoin. My biggest fear is losing my hard earn to something as volatile, vulnerable and uncertain as btc. What's the possibility you invest without losing. Is it guaranteed in this kinda market?
Maybe you should consider other investments that’s not related to crypto because there is no guarantee the market won’t dump at some point. Bitcoin is your safest bet compared to investing in altcoins.
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coolcoinz
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December 29, 2023, 06:17:40 PM |
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The problem of many investors is that they come back to check on their investment every single day and do the math. If they're up, they're happy, but when they're down, they feel the pressure to sell. Give them enough down days in a row and their conviction will fail, forcing them to sell. That's how it usually works for first time bitcoin buyers and that's why most of them lose money.
Use my advice. When you buy some bitcoin, treat it as a loss. Don't go back to it to check what it's worth every day or even once a week. Come back when you see mainstream media write about bitcoin and how much money it made in the recent year. You lose only when you sell at a loss.
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passwordnow
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December 29, 2023, 06:44:37 PM |
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Questions like this has popped out in several occasions and arguments concerning Bitcoin investment. My friends will say you must lose before you gain or rather have more experience investing in Bitcoin. If its how it work, Bitcoin isn't for a low income earner as well as not gonna make you rich when you can't invest something tangible to it. On the other hand people are been made big and wealthy in same program. What does it in tell, cos am quite sure people had already known what's going to happen in the market in the nearest future to give them the strong mindset to invest porously.
It is not about a person who's a low income earner or a big earner. It's about understanding the entirety of Bitcoin about it being a very volatile asset. If you have understand that then obviously, you're aware that there are some thoughts that you'll get to see along your investing here that it's not always going up. There will be times that the market is going to be lower than you are expecting but at times, you'd see it moving up a lot. My biggest fear is losing my hard earn to something as volatile, vulnerable and uncertain as btc.
Then invest somewhere else which don't have a lot of volatility unlike Bitcoin. How about go with gold, real estate or any of those typical assets that are tangible and you have no worry that they are not going to show random volatility as you buy them. Bitcoin isn't for the fainted heart so if you've got one then you better step out or keep on learning. What's the possibility you invest without losing. Is it guaranteed in this kinda market?
Let's say it in general that there's no investment that will guarantee you profit. If there's one, then it's likely a scam.
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Essential10
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December 29, 2023, 07:02:53 PM |
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Investing in Bitcoin can make you lose money unless you hold it for the long term. The price of Bitcoin is highly volatile and can fluctuate over short periods of time. What time period do you choose to invest in Bitcoin? What is the investment period? Investing in assets without a clear idea of what you are getting can lead to fear and uncertainty, especially during price fluctuations. I would recommend that, if you are investing in Bitcoin, if you believe in the long-term potential of Bitcoin investment and are willing to hold on to their investment despite short-term price fluctuations, then you should not lose before making a profit on the investment.
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Franctoshi
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December 29, 2023, 07:03:28 PM |
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You can't determine which one you would first experience, whichever one that knocks on your door first, then you take it. Don't be afraid to lose because the market is a two way thing, profit and lose .One thing you should take note of is the time of your investment will really position you either to profit first or lose first, if you get in at the right time, then you would have higher chances of profiting first, while if you enter the market during when there is bleeding or bear market, you will first be on the negative side.
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Yatsan
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December 29, 2023, 07:10:24 PM |
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Losing is part of any investment but it is not really something which is required but would be necessary for us to be familiarized with the feeling and to be more careful on next investment ventures. However if you are in profit without any loss then that's good as well. We just romanticize the idea that losing is part of our Bitcoin investment journey. But there are just people who can handle things better than most of us. Bitcoin's market value is just too volatile wherein losses is a bit impossible to avoid. In most cases, loss is temporary especially if you are into holding and not with swing trades. You have an option to endure sudden price dumps but since we are talking about Bitcoin as an investment, then it has less risk than with other projects and coins we can hold for a period of time. We should just avoid thinking that profit will be easily earned if you will invest and hold for years. However, things on lower timeframe reveals this idea more.
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Bananington
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December 29, 2023, 07:11:51 PM |
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Questions like this has popped out in several occasions and arguments concerning Bitcoin investment. My friends will say you must lose before you gain or rather have more experience investing in Bitcoin. If its how it work, Bitcoin isn't for a low income earner as well as not gonna make you rich when you can't invest something tangible to it. On the other hand people are been made big and wealthy in same program. What does it in tell, cos am quite sure people had already known what's going to happen in the market in the nearest future to give them the strong mindset to invest porously. My biggest fear is losing my hard earn to something as volatile, vulnerable and uncertain as btc. What's the possibility you invest without losing. Is it guaranteed in this kinda market?
I will not consider the volatility of bitcoin that leads to some occasional decrease in value of bitcoins to be a loss, that is just normal. You must be prepared to loose money if you must invest in bitcoins, but some looses are not severe, while some can be really damaging that you may never be able to profit. To avoid the losses that completely can ruin your chances to make profit, try to learn from other people's experience so it does not become a must in your situation to experience loss before you can then profit from bitcoins.
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Marvelman
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December 29, 2023, 07:12:14 PM |
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Must you lose before you gain in Bitcoin investment?
No. Of course not. Putting your hard-earned cash into Bitcoin or some other crypto doesn't automatically mean you'll lose money before making any. Even if there's always a chance to not get back what you put in, you wont necessarily lose either and plenty of people have scored big with Bitcoin and never gone through losses. They read up on it, were smart about how much they put in, and controlled their risk.
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lionheart78
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December 29, 2023, 07:15:19 PM |
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Questions like this has popped out in several occasions and arguments concerning Bitcoin investment. My friends will say you must lose before you gain or rather have more experience investing in Bitcoin. Not entirely true, this is just a sweet lemoning of people who have lost in Bitcoin on their initial engagement. But people who do their own research on Bitcoin do not experience losses since they know what to do with their investment. On the other hand people are been made big and wealthy in same program. What does it in tell, cos am quite sure people had already known what's going to happen in the market in the nearest future to give them the strong mindset to invest porously. My biggest fear is losing my hard earn to something as volatile, vulnerable and uncertain as btc. What's the possibility you invest without losing. Is it guaranteed in this kinda market?
This simply tells us the difference between investors who were driven by hype and investors who invest because they have a full knowledge of what they are investing. Those who are driven by hypes often don't know what to do and loses their investment the first moment the Bitcoin market plummets because these kinds of investors easily panic and sell their holdings at a loss. While those who have proper knowledge of how the Bitcoin market works are just calm and patient waiting for the time when they can sell their holdings at a huge profit.
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hatshepsut93
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December 29, 2023, 07:21:02 PM |
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You buy Bitcoin, you wait until goes higher than your buy price and sell it - you might have to endure an unrealized loss, but as long as it's unrealized you should have no problems and never actually lose anything. The problem is that many newbies get too greedy and engage in high risk activities like altcoin trading, or even Bitcoin day trading, especially with high leverage and derivatives. That's were it get's easy to lose big and lose quick. Don't do that, be a long-term investor.
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kawetsriyanto
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December 29, 2023, 07:54:43 PM |
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It is just your friends' perception, it is not a must to lose first to gain profits in Bitcoin investment. In 2021, I could succeed in the first attempt of my Bitcoin investment, I didn't experience the lose first. I learned how Bitcoin price history in the previous cycle, so I can understand when the right time to buy and to sell. Bitcoin price history is trusted enough, it is quite predictable for the price increase every 4 years cycle. If we learn this, I'm sure we can get profits without experiencing loses first. But if we just invest in Bitcoin carelessly and with no proper way, it is very possible to experience the loses first. Then, we probably can succeed after we evaluate the wrong way!
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EarnOnVictor
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December 29, 2023, 08:07:54 PM |
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-snip What's the possibility you invest without losing. Is it guaranteed in this kinda market?
Do not let anyone scare you, it is not a must that you lose in trading and investment before you gain, but because many people are still novices in the game, they tend to lose which is normal to me. However, it is not all starters who lose at first, some might, some might not, and some will win at first and lose the money somewhere later. Above all, and whatever your case is, it is all about the learning process to gain experience, and that is why it is very crucial that you do not invest big money in the beginning. You must ensure that you know how to trade very well and are capable of managing your portfolio actively before you get to invest big. Again, you should know that trading and investment are not the same things, and if you strike a good asset at a lower price, then the possibility of not losing is so high, yet, being a good speculator is very important. Finally, there is no guarantee in any market, be it investment or trading, it is all about your experience, smartness and managerial prowess.
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