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Author Topic: What triggers the zeal to invest?  (Read 416 times)
KingsDen
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January 07, 2024, 03:54:42 PM
 #41

You don't need any zeal to start investment what you need to start is decision, if you have taken the decision to make investment having known the importance of what you are venturing into you wouldn't wait for anyone's result to triggers you before going into investment. There are people today who are reaping their investment because they weren't waiting for someone to convinced them before they could start investment, as then they were investing blindly thinking they don't know what they were doing but today it turns out that they are the major holders while some people sold when bitcoin hit highest ATH and they made their profits. Waiting till you get all education about bitcoin will also keep you on a suspense till understands it thoroughly but if you invest now before you could gain those know you will see that you have made the best decision for yourselves while the price keeps going higher.
It is poverty that propels richness while richness propels investment. When you are poor you will have the eagerness to get a job and earn some money. When you are able to earn good money, you will be eager to invest the money. So, there's no special motivation for investment if not to have a big return of investment and be rich or live comfortably in life.

Early Bitcoin investors where not actually after the return of investment, rather they were after  building a new decentralized technology to beat the flawed traditional system that is in existence.

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CryptopreneurBrainboss
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January 07, 2024, 06:24:22 PM
 #42

I believe it takes a million risk to invest in Bitcoin, still people are left with more than a million reason to take the risk. A lot of us especially the newbies are still skeptical  investing, each with enough reason to invest and not to invest respectively. The core question here is; what triggers you to invest?...for myself, I haven't figured out any tangible reason why I should invest, solely because I'm yet to understand the nooks and crannies of the market fully.

You don't need to understand the market before you make your choice of investing in Bitcoin, what you need is knowledge of how Bitcoin operates, how to send and receive Bitcoin and how to secure your Bitcoin using a hardware wallet or a software wallets in an airgapped devices that are also non custodial. Those are the things that are important before making a decision to invest in Bitcoin. Your capital too (that's how much to invest) is an important decision you have to take and how you're going to invest in Bitcoin like a one time investment or DCA untill you have had enough stash is important as well.

If you're still looking for a reason to invest in Bitcoin then you don't need to be here because I don't understand how you'll see a gold mine in your front and still waiting for something to convince you to make the right decision that'll change your life financially. Aren't you seeing the adoptions that are happening right in front of us, what else are you waiting for again to trigger you to join the train before it takes off?

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I envy every first timer Bitcoin buyer, cos I'm looking forward to being like them in no distance time.

If you don't have money to buy Bitcoin, just say it and do something about that by getting a job or using your skills to earn money because I'm still not understanding why you see others buying Bitcoin and don't want to feel the same way they do when they buy their first Bitcoin. With Bitcoin you don't need to work for money when you buy and wait for the maker to do it's magic by increasing your money from the profits you get from Bitcoin price appreciation in just few years of hodling.

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January 07, 2024, 10:40:21 PM
 #43

~Snip~
It is poverty that propels richness while richness propels investment. When you are poor you will have the eagerness to get a job and earn some money. When you are able to earn good money, you will be eager to invest the money. So, there's no special motivation for investment if not to have a big return of investment and be rich or live comfortably in life.

Early Bitcoin investors where not actually after the return of investment, rather they were after  building a new decentralized technology to beat the flawed traditional system that is in existence.
Although you are correct, but when I looked from another angle there are lots of people who are working making good money of their lives but has still refused to invest in bitcoin not because they don't have money or nor they are poor. Like said, most people aren't yet settled to or made up their minds to venture into bitcoin.

It can be said people who is poor doesn't think of investment or may not invest when the finance is not their, meanwhile there are people who understood the concept of bitcoin and knows where the future is driving to is ready to even invest with the least $5 to $10 from their little salary not because they are poor or they are rich but it's the knowledge of the technology made them took that drastic action without even undermining how much it could cost them or not.

So, poverty isn't the main problem here whenever a man is prepared to go into investment he surely does it without a any limitations or restrictions provided he has the picture of his feature then he will understand that his future will be filled Joy. Or, give someone who doesn't know the basics of bitcoin money, and asked him to go investment, he will tell you that leave about bitcoin let him think of another thing of his life not because the money is not there but he is yet to grasped the mental picture of bitcoin and if such person knows then he don't mind spending all the money over investing in bitcoin.

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January 07, 2024, 10:46:05 PM
 #44

Bitcoin ways are typically different from every other investment platforms.
  I think the ability of bitcoin to surprise or exceeds people expectations and predictions gives people the zeal to invest in it.

Bitcoin has the potential to create more funds so people would always want to partake in something beneficial.It requires time and much efforts put together,but it's worth going for.

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January 07, 2024, 11:53:22 PM
 #45

OP, your communication style is quite interesting, but your posts suggest that you are already quite informed about the value of Bitcoin, its volatility, and all the pros and cons. Why is there any doubt about investing a certain amount and being an eyewitness, a practitioner, and not an observer? I think it's nice to be on the same page with those who believe in Bitcoin and one day get some increase in their wallet, rather than remain in doubt and regret the missed time.
Yes, there are incidents when people lose, but mostly this happens due to inattention. If you are aiming for a long-term period and know all the aspects of storage, you should not be afraid; on the contrary, you should keep up with the times.
I see no matter how we try to encourage people, in the end they will always stick to their own mindset. So the best option here is to wait for them when until they’re ready to invest. Because once they decide to invest, that means they have known already their investment well, and they have understood the risks already that comes along with their investment. And when the that time comes, at least they know for sure that bitcoin investment is not all about profits but losses as well, that’s why investing with caution is a must.

And once they start to experience losses consistently, they should know that there’s no one to blame for that but only their selves. Investing has no fixed outcome, so learn to invest at your own risk.

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January 08, 2024, 12:48:02 AM
 #46

OP, your communication style is quite interesting, but your posts suggest that you are already quite informed about the value of Bitcoin, its volatility, and all the pros and cons.

I'm feeling honoured for taking cognizance of my communication style. You're right about my little knowledge of Bitcoin, but I think I'm not set to invest yet. There's time for everything, for me, now isn't the right time to invest. Aloha 🕊️
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January 08, 2024, 01:25:07 AM
 #47

I believe it takes a million risk to invest in Bitcoin, still people are left with more than a million reason to take the risk. A lot of us especially the newbies are still skeptical  investing, each with enough reason to invest and not to invest respectively. The core question here is; what triggers you to invest?...for myself, I haven't figured out any tangible reason why I should invest, solely because I'm yet to understand the nooks and crannies of the market fully. However, I'm working hard studying extensively to understand the market. I feel this great joy when one post his first time buying Bitcoin, I get this great zeal to buckle up and nurture the feeling of investing too, believing that one day, that which triggers the feeling to invest will come to manifestation. I envy every first timer Bitcoin buyer, cos I'm looking forward to being like them in no distance time.
If you do not feel like investing in this market and you have found no reason to do it then that is on you, however questioning investing itself is definitely wrong.

The fiat system and the money printing policies of governments forces everyone that knows what is going on to become an investor, if you do not and just save your money over many years you will realize that what you could have bought with that money on the past is not what you can buy now, thanks to the inflation generated by the money created by the government, and if you want to avoid this happening to you then you need to invest that money, whether you do this on your own business, stocks, real estate or cryptocurrencies does not really matter, what matters is that you realize what is going on and take actions to protect yourself.

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January 08, 2024, 02:44:50 AM
 #48

I believe it takes a million risk to invest in Bitcoin, still people are left with more than a million reason to take the risk. A lot of us especially the newbies are still skeptical  investing, each with enough reason to invest and not to invest respectively. The core question here is; what triggers you to invest?...for myself, I haven't figured out any tangible reason why I should invest, solely because I'm yet to understand the nooks and crannies of the market fully. However, I'm working hard studying extensively to understand the market. I feel this great joy when one post his first time buying Bitcoin, I get this great zeal to buckle up and nurture the feeling of investing too, believing that one day, that which triggers the feeling to invest will come to manifestation. I envy every first timer Bitcoin buyer, cos I'm looking forward to being like them in no distance time.
Bitcoin investment is definitely profitable. It can speed you up in profit urdu. Investing should never be rushed as long-term investing is at the pinnacle of success. There are people who don't have any money to invest but they have made Bitcoin investment success by saving some money from their weekly or monthly salary. Only those who have complete knowledge about Bitcoin are ready to invest all their life money in Bitcoin. Poverty is never permanent when one is willing to invest he will surely succeed if he tries.
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January 08, 2024, 08:44:23 AM
 #49

I believe it takes a million risk to invest in Bitcoin, still people are left with more than a million reason to take the risk. A lot of us especially the newbies are still skeptical  investing, each with enough reason to invest and not to invest respectively. The core question here is; what triggers you to invest?...for myself, I haven't figured out any tangible reason why I should invest, solely because I'm yet to understand the nooks and crannies of the market fully. However, I'm working hard studying extensively to understand the market. I feel this great joy when one post his first time buying Bitcoin, I get this great zeal to buckle up and nurture the feeling of investing too, believing that one day, that which triggers the feeling to invest will come to manifestation. I envy every first timer Bitcoin buyer, cos I'm looking forward to being like them in no distance time.
If you do not feel like investing in this market and you have found no reason to do it then that is on you, however questioning investing itself is definitely wrong.

The fiat system and the money printing policies of governments forces everyone that knows what is going on to become an investor, if you do not and just save your money over many years you will realize that what you could have bought with that money on the past is not what you can buy now, thanks to the inflation generated by the money created by the government, and if you want to avoid this happening to you then you need to invest that money, whether you do this on your own business, stocks, real estate or cryptocurrencies does not really matter, what matters is that you realize what is going on and take actions to protect yourself.
I laugh at how simple you've made investing seem. Its nearly cute. In this age of financial instability, investing is a survival strategy. With its constant money production, the fiat system devours your savings like a black hole. How can anyone overlook this obvious truth?

I disagree with you here. I'd say that cryptocurrencies, especially Bitcoin, are unique among assets. Why? A statement, not just an investment. A uprising against a system designed to fail the average Joe. Investing in Bitcoin means supporting a decentralized future free from government-controlled currency, not merely protecting your assets. A powerful move.

Keep in mind that Bitcoin isnt only an inflation hedge. Its a strategy in a global financial game where power constantly changes the rules. Bitcoin investing means changing the financial environment as well as your financial future.

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January 08, 2024, 09:10:34 AM
 #50

OP, your communication style is quite interesting, but your posts suggest that you are already quite informed about the value of Bitcoin, its volatility, and all the pros and cons.

I'm feeling honoured for taking cognizance of my communication style. You're right about my little knowledge of Bitcoin, but I think I'm not set to invest yet. There's time for everything, for me, now isn't the right time to invest. Aloha 🕊️

It's commendable that you took the time to research bitcoin and wanted to learn about it thoroughly before investing, something not many newbies do. But you also need to take advantage of your opportunity instead of hesitating too long because investing early will also have certain benefits. Like you said, like those who invested early in bitcoin and they're enjoying the rewards that they're getting.

To get the best return on investment, we need to buy low and sell high and buying bitcoin at $44k is better than buying bitcoin at $100k. I think you need to speed up your bitcoin investment journey.

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January 08, 2024, 11:43:49 AM
 #51

~Snip~
It is poverty that propels richness while richness propels investment. When you are poor you will have the eagerness to get a job and earn some money. When you are able to earn good money, you will be eager to invest the money. So, there's no special motivation for investment if not to have a big return of investment and be rich or live comfortably in life.

Early Bitcoin investors where not actually after the return of investment, rather they were after  building a new decentralized technology to beat the flawed traditional system that is in existence.
Although you are correct, but when I looked from another angle there are lots of people who are working making good money of their lives but has still refused to invest in bitcoin not because they don't have money or nor they are poor. Like said, most people aren't yet settled to or made up their minds to venture into bitcoin.
There is one thing about investment, be it bitcoin investment or any kind of investment. That very thing is that it is not everyone that has the courage to invest. Investment requires patience and time in order to reap the reward of your investment. So many people believe in the present pleasure and does not care what the future has for them. While some people will only invest in what they are very sure about, this is one of the reasons why Bitcoin does not attract so much investors. Many people do not understand Bitcoin and its nature, and as you can also attest, there is a very great chance of losing your investment when you invest in what you do not understand. This is why bitcoin is always seen as an investment opportunity for the younger people, while the other people might not have the time and the Brain or opportunity to study about bitcoin which appears somehow technical than the everyday transitional system of investment that we know. Most times I do not blame people who refused to invest in Bitcoin, to be honest with us bitcoin investment looks like gambling. At one point you might be favored and in the other way around you could lose especially when you don't have the knowledge of the cryptocurrency market.

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January 08, 2024, 11:59:56 AM
 #52

~Snip~
It is poverty that propels richness while richness propels investment. When you are poor you will have the eagerness to get a job and earn some money. When you are able to earn good money, you will be eager to invest the money. So, there's no special motivation for investment if not to have a big return of investment and be rich or live comfortably in life.

Early Bitcoin investors where not actually after the return of investment, rather they were after  building a new decentralized technology to beat the flawed traditional system that is in existence.
Although you are correct, but when I looked from another angle there are lots of people who are working making good money of their lives but has still refused to invest in bitcoin not because they don't have money or nor they are poor. Like said, most people aren't yet settled to or made up their minds to venture into bitcoin.
There is one thing about investment, be it bitcoin investment or any kind of investment. That very thing is that it is not everyone that has the courage to invest. Investment requires patience and time in order to reap the reward of your investment. So many people believe in the present pleasure and does not care what the future has for them. While some people will only invest in what they are very sure about, this is one of the reasons why Bitcoin does not attract so much investors. Many people do not understand Bitcoin and its nature, and as you can also attest, there is a very great chance of losing your investment when you invest in what you do not understand. This is why bitcoin is always seen as an investment opportunity for the younger people, while the other people might not have the time and the Brain or opportunity to study about bitcoin which appears somehow technical than the everyday transitional system of investment that we know. Most times I do not blame people who refused to invest in Bitcoin, to be honest with us bitcoin investment looks like gambling. At one point you might be favored and in the other way around you could lose especially when you don't have the knowledge of the cryptocurrency market.

I think we are both making the same point here because if you read correctly you will know, like the area I said people needs to understand to the kind that of investment they are making before putting their resources especially those who doesn't have basic knowledge and understanding about bitcoin. At this point being poor doesn't only deprived people but the concept and readiness in other words we can call it being prepared for the investment and, and being prepared required them to know the whole concept of bitcoin except for we that are deep rooted in the knowledge to know when to enter market and exit market and this is solely for those who are their for just short time profits making.

Those who are there for long time investment might not even consider to learn and have full knowledge since they have already projected for long term hodl so they don't care if bitcoin drops or increases to whatever amount except to their maturity year or maybe during that time if they noticed that the market is not on their favor they can still extend their investment at this point if they noticed some significant drop in price they don't mind involving themselves in DCA to also increase their portfolios.

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January 08, 2024, 12:12:42 PM
 #53

It's commendable that you took the time to research bitcoin and wanted to learn about it thoroughly before investing, something not many newbies do. But you also need to take advantage of your opportunity instead of hesitating too long because investing early will also have certain benefits. Like you said, like those who invested early in bitcoin and they're enjoying the rewards that they're getting.

Right now, Everything should be carefully calculated because it's not really good if you aren't able to accumulate bitcoins at its lower price considering we already entered the halving year, it would be another run in the crypto market where the price will slowly continue to rise because of it. It's best if you can buy some more bitcoins and continue to add more in the future don't forget to spend just the amount you can afford to lose because it's not a matter of risk taker here but it's a matter of who can give his mind peace whenever he has some bitcoins and waiting for the right moment to sell it.

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January 08, 2024, 02:11:05 PM
 #54

I believe it takes a million risk to invest in Bitcoin, still people are left with more than a million reason to take the risk.
I have seen those who invest in digital currencies such as Bitcoin which we generally know today, also including several other types of crypto currency, one reason and one goal to get more income and want to get real wealth.

In Chinese society, 5 year old children are taught how to invest well, investing is one of the mandatory activities for Chinese society, of course you can see how Chinese people live with people from other countries, that's the advantage of investing, of course now many of us are familiar with crypto, maybe it's to make it easier for anyone to invest, I'm sure anyone and for any reason, for me, investment is the best solution to do at any time without limitations and without reason.

R


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January 08, 2024, 02:21:43 PM
 #55

For the most part, it's the promise of profit and nothing else.

Thing is that everything else that you could think about as possible reasons why you would invest would only fall secondary to the love for money. Let's just put it this way: You're working not because you want to "earn career advancement" or "learn a skill or craft", if you were you would've gone someplace else that provides that primarily without the dangling promise of giving you money in the process. This tends to also be the trend for trading and investment. You want to earn money or at least are looking for the prospect of earning a lot of money, especially if you're more on the crypto side of investment/trading.For newbies, you might wanna go find a real reason to invest and trade, simply "learning the nooks and crannies of the market" wouldn't do cause at the end of the day you could achieve that learning from other people's trading journeys, and the best part, you wouldn't have to lose money in the process!

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January 08, 2024, 02:45:31 PM
 #56

you can invest according to your abilities and according to your initial motivation, whether to gain financial freedom, success in the market, etc., there are many things you can use to trigger zeal within you. but you don't need to invest if you feel that you are not sure about it. especially if you invest just to follow along like other people who have a good portfolio without doing research on the assets you are going to invest in, it's the same as giving your money for free to the market, because in the end you will lose all your money.

having a good enthusiasm for investing is good, but it is even better that this enthusiasm is in line with knowledge and good management of the money you will invest in the market. because just with enthusiasm without knowledge and good management, someone could lose it when he encounters obstacles in the market.

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January 08, 2024, 03:02:34 PM
 #57

The core question here is; what triggers you to invest?
Money. Profit. To support the coin itself.

Me spending some money, and investing in Bitcoin doesn't mean that I'm on it for the profit only. Although it's the main reason why I'm investing, I also plan to use Bitcoin to buy some things in the future when the transaction fees are low, and more establishments are accepting it. I think that's a way of supporting the technology behind it. People are investing for profit. People are investing because they believe that they will get more money when they invest in it. This is the reason why Bitcoin is more of an asset than a currency, and there's nothing wrong with it. It's just that, the main purpose of Bitcoin which is to be a currency without any third-party involved is slowly fading away. Can't blame other people though.

~
However, I'm working hard studying extensively to understand the market. I feel this great joy when one post his first time buying Bitcoin, I get this great zeal to buckle up and nurture the feeling of investing too, believing that one day, that which triggers the feeling to invest will come to manifestation. I envy every first timer Bitcoin buyer, cos I'm looking forward to being like them in no distance time.
Save some money, learn how to buy Bitcoin, and also learn the basics of not just Bitcoin, but cryptocurrency in general maybe.
Do you envy them? Your time will come as well. There will be a time when you will be the one to buy Bitcoin, and some people will envy you as well. Take your time. Investing isn't a race. If you don't have money for now, work more so that you can have money to use to buy.

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January 08, 2024, 03:02:47 PM
 #58

There are people I knew that are into crypto investments before me and I was motivated to know about crypto too, fortunately it feels like something that I can fit in with very well, from what Bitcoin has to offer those who seek for freedom from their rulers to the idea of making more money because of Bitcoin scarcity mechanism, it makes a lot of sense to be in Bitcoin than anything else.

I believe that Bitcoin will have a better value in the future and I don't plan on missing out the future possibility, Bitcoin is a good store of value for the long term, this is a big part why many people are investing money on Bitcoin, just make sure you risk what you can afford to lose, nothing is guaranteed, anything is bound to happen.

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January 08, 2024, 04:00:18 PM
 #59

There are people I knew that are into crypto investments before me and I was motivated to know about crypto too, fortunately it feels like something that I can fit in with very well, from what Bitcoin has to offer those who seek for freedom from their rulers to the idea of making more money because of Bitcoin scarcity mechanism, it makes a lot of sense to be in Bitcoin than anything else.

I believe that Bitcoin will have a better value in the future and I don't plan on missing out the future possibility, Bitcoin is a good store of value for the long term, this is a big part why many people are investing money on Bitcoin, just make sure you risk what you can afford to lose, nothing is guaranteed, anything is bound to happen.

There are often cases where people who are aware of Bitcoin before us didn't buy the idea of Bitcoin and right now they are left behind but those who has believed in Bitcoin are in much better situation provided if they had invested into Bitcoin because we need to understand the difference between not believing in Bitcoin and not having enough money to invest into Bitcoin as there are few who believe in Bitcoin but due to their limited income they cannot afford to invest as they can hardly have sufficient amount to feed their family as I have read one such story from a mason from Bangladesh.

When it comes to bitcoin the risk of losing it all is very minimal compared to Altcoins.









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January 08, 2024, 04:11:55 PM
 #60

The most common reason people will say to invest is to make a profit. Bitcoin is the choice of many people because they can get big profits in one cycle if they decide to invest in bitcoin for a long time.
But people must be aware that investing in bitcoin has risks, and most people are not ready for the risk that the price of bitcoin will go up and down as often.
What triggers me to invest is also because of profit. I found bitcoin to be the best investment I have ever had, so I still want to continue investing in bitcoin.
If @OP wants to buy bitcoin, he needs to get started before it's too late. But first, he has to learn about Bitcoin investment so he can adjust the funds he will use to invest.

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