mumang siat
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August 24, 2024, 03:55:50 PM |
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Whatever investment that you are doing that doesn't guarantee you a specified amount of profitability in the end is a risk, and Bitcoin is not excluded from that. Mind you whatever you hear people say about bitcoin getting to certain price level in the future are mare speculations. There is no guarantee that it will play out that way. Also relying on past performances of bitcoin as a proof of future performance is also risk of it's own. So when you have invested in bitcoin and your plan is to hold it for 5 years, that's risk on it's own because you are not guaranteed of making profit. That's why the risk in long term hold is not zero. You can't take speculations for facts!! If you had known the specific amount of profit you will make at the end of the 5 years before investing, then you can say there is zero risk. But since there is nothing like that, there are still elements of risk involved, because it may happen the way you expects or it may not. And it is advisable not to be over reliant on your bitcoin investment so that you don't get into trouble, when your projected time of holding comes and things don't go the way you planned. That you hold bitcoin for 5 years does not guarantee you profitability. That's the risk in it.
Everything that is Investment especially Bitcoin has a fluctuating nature where the movement of the graph is not measured accurately, from here everyone can speculate about the future value, those who do have their assets certainly think this will be much better in the next period and this we estimate is reasonable, and actually this does have risks and all Investors admit it. However, it seems that targeting the Investment time too much does not sound effective to do, considering that this is a volatile Bitcoin making speculation that can later be seen with the profits obtained with each change, maybe we say when it moves down it is better to hold or continue buying and but when the graph is to the increase number you can collaborate your choice to continue to survive or return a little profit first.
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Promocodeudo
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August 24, 2024, 04:24:29 PM |
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Whatever investment that you are doing that doesn't guarantee you a specified amount of profitability in the end is a risk, and Bitcoin is not excluded from that. Mind you whatever you hear people say about bitcoin getting to certain price level in the future are mare speculations. There is no guarantee that it will play out that way. Also relying on past performances of bitcoin as a proof of future performance is also risk of it's own. So when you have invested in bitcoin and your plan is to hold it for 5 years, that's risk on it's own because you are not guaranteed of making profit. That's why the risk in long term hold is not zero. You can't take speculations for facts!! If you had known the specific amount of profit you will make at the end of the 5 years before investing, then you can say there is zero risk. But since there is nothing like that, there are still elements of risk involved, because it may happen the way you expects or it may not. And it is advisable not to be over reliant on your bitcoin investment so that you don't get into trouble, when your projected time of holding comes and things don't go the way you planned. That you hold bitcoin for 5 years does not guarantee you profitability. That's the risk in it.
Well said I do adives newbie who are jumping into investing in any Financial digital assets due to their lack of knowledge the most important part will fell out firsty you need to make your research first before jumping into any bitcoin well permit me to say bitcoin it self has a little risk around it after all life itself is a risk frist of all people don't understand about the long term holding risk nowadays people just wake up and start predicting the future saying today in the next 6yeas to come bitcoin is going to hit 1000k all of that. That is call speculations and people are free to speculate about the future prices of bitcoin. Market makers do speculate base of different indicators/Variables they see playing out in the market, and they are not wrong to speculate about bitcoin. It is now left for for the investor to understand that speculation is not a guarantee of performance, rather it is a probability. And when something is under probability it means it may happen or it may not. So people who are investing in bitcoin for a long term based on the speculations that bitcoin will get to certain price in the future are not wrong. But the ability of investors to understand speculation is different from actual performance is what makes the difference. They should make up their mind on time that if it happens as speculated fine, but if it doesn't happen fine, life goes on. Everyone that is investing in Bitcoin has this believe that Bitcoin will hit a high in price in the future, especially those that are into Long term Bitcoin investment and is certain that Bitcoin will grow in price as time goes on and i don't think Bitcoin growing in price in the future should bother us because is certain that it will grow it may take time but definitely it will happen and that is why is good not to use Bitcoin as a source of income or something you are hoping to use to settle your bills since one is not certain how long it will take for it to grow to that certain price level you hope for it, and also have the mindset of a very long term holding. Bitcoin as an investment can never be used as a means of offsetting immediate bills or solving immediate needs, I think investment should understand Bitcoin is an investment that shouldn't be over burdened with much expectations, thats why it is advisable for every investor to understand that bitcoin is a long-term investment and as you investing make sure that you have some money left or extra earnings from somewhere to carter for your needs to avoid tampering your investment hence you know that your focus is in the future, setting your goals before investing in bitcoin is really helpful for an investor because once you set your bitcoin investment goals and work towards the set goals, it wouldn't be that difficult for you to achieve reason being that you were prepared. Yea, Bitcoin will sure grow and that should be a major concern for us hence we know that Bitcoin will appreciate in price in the future, our major concern is to keep buying as much we can and continue hodling since we alreday know what the future has for Bitcoin Hodlers. I laugh when I see people bother about Bitcoin price although old folks in the investment don't bother about Bitcoin price because of their level of understanding in the system, long-term is the mindset for every bitcoiners to arrive at their satisfied expected price.
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adultcrypto
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Whatever investment that you are doing that doesn't guarantee you a specified amount of profitability in the end is a risk, and Bitcoin is not excluded from that. Mind you whatever you hear people say about bitcoin getting to certain price level in the future are mare speculations. There is no guarantee that it will play out that way. Also relying on past performances of bitcoin as a proof of future performance is also risk of it's own. So when you have invested in bitcoin and your plan is to hold it for 5 years, that's risk on it's own because you are not guaranteed of making profit. That's why the risk in long term hold is not zero. You can't take speculations for facts!! If you had known the specific amount of profit you will make at the end of the 5 years before investing, then you can say there is zero risk. But since there is nothing like that, there are still elements of risk involved, because it may happen the way you expects or it may not. And it is advisable not to be over reliant on your bitcoin investment so that you don't get into trouble, when your projected time of holding comes and things don't go the way you planned. That you hold bitcoin for 5 years does not guarantee you profitability. That's the risk in it.
Everything that is Investment especially Bitcoin has a fluctuating nature where the movement of the graph is not measured accurately, from here everyone can speculate about the future value, those who do have their assets certainly think this will be much better in the next period and this we estimate is reasonable, and actually this does have risks and all Investors admit it. What you have described is simply trading, just that you tried to confuse me with your grammar. Unfortunately, trading is not the target of the topic. Trading can be a good practice for those who have the skill needed to succeed in it but it is definitely something that anyone including newbies should jump into rather they should consider the long time approach. However, it seems that targeting the Investment time too much does not sound effective to do, considering that this is a volatile Bitcoin making speculation that can later be seen with the profits obtained with each change, maybe we say when it moves down it is better to hold or continue buying and but when the graph is to the increase number you can collaborate your choice to continue to survive or return a little profit first.
If your intention is to hold bitcoin for a long time, you will not really be bothered about the volatility, rather you will be paying attention to getting as much bitcoin as you can at reasonable prices depending on the type of accumulation method you chose. For instance, many investors took advantage of the dip that bitcoin just recovered from knowing that the price was fair a good for entry. These group of investors will not worry about the volatility because they know that when the bulls enter the market with full force, they will buying the market and we will see price leave that region with huge momentum.
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Mr Reporter
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August 25, 2024, 01:16:24 AM |
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Whatever investment that you are doing that doesn't guarantee you a specified amount of profitability in the end is a risk, and Bitcoin is not excluded from that. Mind you whatever you hear people say about bitcoin getting to certain price level in the future are mare speculations. There is no guarantee that it will play out that way. Also relying on past performances of bitcoin as a proof of future performance is also risk of it's own. So when you have invested in bitcoin and your plan is to hold it for 5 years, that's risk on it's own because you are not guaranteed of making profit. That's why the risk in long term hold is not zero. You can't take speculations for facts!! If you had known the specific amount of profit you will make at the end of the 5 years before investing, then you can say there is zero risk. But since there is nothing like that, there are still elements of risk involved, because it may happen the way you expects or it may not. And it is advisable not to be over reliant on your bitcoin investment so that you don't get into trouble, when your projected time of holding comes and things don't go the way you planned. That you hold bitcoin for 5 years does not guarantee you profitability. That's the risk in it.
Well said I do adives newbie who are jumping into investing in any Financial digital assets due to their lack of knowledge the most important part will fell out firsty you need to make your research first before jumping into any bitcoin well permit me to say bitcoin it self has a little risk around it after all life itself is a risk frist of all people don't understand about the long term holding risk nowadays people just wake up and start predicting the future saying today in the next 6yeas to come bitcoin is going to hit 1000k all of that. That is call speculations and people are free to speculate about the future prices of bitcoin. Market makers do speculate base of different indicators/Variables they see playing out in the market, and they are not wrong to speculate about bitcoin. It is now left for for the investor to understand that speculation is not a guarantee of performance, rather it is a probability. And when something is under probability it means it may happen or it may not. So people who are investing in bitcoin for a long term based on the speculations that bitcoin will get to certain price in the future are not wrong. But the ability of investors to understand speculation is different from actual performance is what makes the difference. They should make up their mind on time that if it happens as speculated fine, but if it doesn't happen fine, life goes on. Everyone that is investing in Bitcoin has this believe that Bitcoin will hit a high in price in the future, especially those that are into Long term Bitcoin investment and is certain that Bitcoin will grow in price as time goes on and i don't think Bitcoin growing in price in the future should bother us because is certain that it will grow it may take time but definitely it will happen and that is why is good not to use Bitcoin as a source of income or something you are hoping to use to settle your bills since one is not certain how long it will take for it to grow to that certain price level you hope for it, and also have the mindset of a very long term holding. Bitcoin as an investment can never be used as a means of offsetting immediate bills or solving immediate needs, I think investment should understand Bitcoin is an investment that shouldn't be over burdened with much expectations, thats why it is advisable for every investor to understand that bitcoin is a long-term investment and as you investing make sure that you have some money left or extra earnings from somewhere to carter for your needs to avoid tampering your investment hence you know that your focus is in the future, setting your goals before investing in bitcoin is really helpful for an investor because once you set your bitcoin investment goals and work towards the set goals, it wouldn't be that difficult for you to achieve reason being that you were prepared. Yea, Bitcoin will sure grow and that should be a major concern for us hence we know that Bitcoin will appreciate in price in the future, our major concern is to keep buying as much we can and continue hodling since we alreday know what the future has for Bitcoin Hodlers. I laugh when I see people bother about Bitcoin price although old folks in the investment don't bother about Bitcoin price because of their level of understanding in the system, long-term is the mindset for every bitcoiners to arrive at their satisfied expected price. Times without number people comes into bitcoin markets with the wrong impression thinking it an investment that is going to cook insanely which I would rather say it very wrong honestly and one thing I have observed from bitcoin trade is that it make you control your hope toward, well should I say it an investment which you don't mix up with urgents needs or funding at a time it an high level of investment which means not having a higher expectations towards it already you no it is appropriating in the market so you don't put your hopes high this is the part the newbie don't understand. In bitcoin the long term hold is your mindset toward it if you can possibly stay put well from own little level of understanding it actually means testing mindset towards investment if you can be patient on the investment without sell and also keep adding to it and hodling
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ginsan
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August 25, 2024, 09:36:28 PM |
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Times without number people comes into bitcoin markets with the wrong impression thinking it an investment that is going to cook insanely which I would rather say it very wrong honestly and one thing I have observed from bitcoin trade is that it make you control your hope toward, well should I say it an investment which you don't mix up with urgents needs or funding at a time it an high level of investment which means not having a higher expectations towards it already you no it is appropriating in the market so you don't put your hopes high this is the part the newbie don't understand.
In bitcoin the long term hold is your mindset toward it if you can possibly stay put well from own little level of understanding it actually means testing mindset towards investment if you can be patient on the investment without sell and also keep adding to it and hodling
Why do you think so. Haven't you seen many millionaires born from Bitcoin and all of that is their stance to keep holding bitcoin. Investing in bitcoin requires patience and a high level of confidence because if you are not patient and not focused on your goals then you are gambling with bitcoin. I mean you can make mistakes in investing in bitcoin because you are not ready for all forms of market changes. In conclusion you must have a target in investing in bitcoin for example you apply for the long term and of course you must be ready to hold it. Moreover Bitcoin has a limited supply and has shown great strength against its resilience in the market and that is one option if holding will bring benefits at some point in the future. The point is to stick to your stance, namely buying and holding and also following up with routine accumulation to increase your bitcoin ownership.
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| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
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sotelorene
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Eloncoin.org - Mars, here we come!
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August 26, 2024, 12:31:06 AM |
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Whatever investment that you are doing that doesn't guarantee you a specified amount of profitability in the end is a risk, and Bitcoin is not excluded from that. Mind you whatever you hear people say about bitcoin getting to certain price level in the future are mare speculations. There is no guarantee that it will play out that way. Also relying on past performances of bitcoin as a proof of future performance is also risk of it's own. So when you have invested in bitcoin and your plan is to hold it for 5 years, that's risk on it's own because you are not guaranteed of making profit. That's why the risk in long term hold is not zero. You can't take speculations for facts!! If you had known the specific amount of profit you will make at the end of the 5 years before investing, then you can say there is zero risk. But since there is nothing like that, there are still elements of risk involved, because it may happen the way you expects or it may not. And it is advisable not to be over reliant on your bitcoin investment so that you don't get into trouble, when your projected time of holding comes and things don't go the way you planned. That you hold bitcoin for 5 years does not guarantee you profitability. That's the risk in it.
Everything that is Investment especially Bitcoin has a fluctuating nature where the movement of the graph is not measured accurately, from here everyone can speculate about the future value, those who do have their assets certainly think this will be much better in the next period and this we estimate is reasonable, and actually this does have risks and all Investors admit it. What you have described is simply trading, just that you tried to confuse me with your grammar. Unfortunately, trading is not the target of the topic. Trading can be a good practice for those who have the skill needed to succeed in it but it is definitely something that anyone including newbies should jump into rather they should consider the long time approach. However, it seems that targeting the Investment time too much does not sound effective to do, considering that this is a volatile Bitcoin making speculation that can later be seen with the profits obtained with each change, maybe we say when it moves down it is better to hold or continue buying and but when the graph is to the increase number you can collaborate your choice to continue to survive or return a little profit first.
If your intention is to hold bitcoin for a long time, you will not really be bothered about the volatility, rather you will be paying attention to getting as much bitcoin as you can at reasonable prices depending on the type of accumulation method you chose. For instance, many investors took advantage of the dip that bitcoin just recovered from knowing that the price was fair a good for entry. These group of investors will not worry about the volatility because they know that when the bulls enter the market with full force, they will buying the market and we will see price leave that region with huge momentum. You are absolutely correct but let me clear one thing, I know we are not talking about trading but I think trading can't be a good practice for those who have the skill needed because trading skill is not an inbuilt I mean it's something that can be developed or acquired due to fervent research and some technical analysis etc moreover, the skill we are talking about is very hard because it is not always sufficient( that is to say that no matter the level of skill, practice, analysis one will still incur loss). Bitcoin investment is not just about holding for long period of time what one is investing and holding really matters alot because that is what will determine your profit in future or years to come what I'm saying in essence is that whatever you invest, your profit will definitely look like it.
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MainIbem
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August 26, 2024, 01:02:05 AM |
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If your intention is to hold bitcoin for a long time, you will not really be bothered about the volatility, rather you will be paying attention to getting as much bitcoin as you can at reasonable prices depending on the type of accumulation method you chose. For instance, many investors took advantage of the dip that bitcoin just recovered from knowing that the price was fair a good for entry. These group of investors will not worry about the volatility because they know that when the bulls enter the market with full force, they will buying the market and we will see price leave that region with huge momentum.
Exactly, I mean it's so shocking that their are investors who still bothers about the volatility of Bitcoin, before or after investing on it they should be aware that volatility is bitcoin nature and that's what determines whether it increases or decreases, whether high or low volatility the main focus of every investor is to accumulate as much as possible so far the intention of the investor is long-term which is the best option for investing on it , investors need to ponder more on the best methods for accumulating Bitcoin. The thing is that most of these investors doesn't do much research on the history of Bitcoin and how it's priced has increased over time, else they won't be worried about volatility. I bet their dream is to make an entry then wait for an upsurge but complain over any dip when their expectations is cut short, not knowing that every dip is an opportunity to accumulate more Bitcoin, they should know that they have to love both the bull and bear market if they're really serious about investing on Bitcoin.
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Ruttoshi
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Baba God Noni
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August 26, 2024, 11:12:39 AM |
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If your intention is to hold bitcoin for a long time, you will not really be bothered about the volatility, rather you will be paying attention to getting as much bitcoin as you can at reasonable prices depending on the type of accumulation method you chose. For instance, many investors took advantage of the dip that bitcoin just recovered from knowing that the price was fair a good for entry. These group of investors will not worry about the volatility because they know that when the bulls enter the market with full force, they will buying the market and we will see price leave that region with huge momentum.
Exactly, I mean it's so shocking that their are investors who still bothers about the volatility of Bitcoin, before or after investing on it they should be aware that volatility is bitcoin nature and that's what determines whether it increases or decreases, whether high or low volatility the main focus of every investor is to accumulate as much as possible so far the intention of the investor is long-term which is the best option for investing on it , investors need to ponder more on the best methods for accumulating Bitcoin. The thing is that most of these investors doesn't do much research on the history of Bitcoin and how it's priced has increased over time, else they won't be worried about volatility. I bet their dream is to make an entry then wait for an upsurge but complain over any dip when their expectations is cut short, not knowing that every dip is an opportunity to accumulate more Bitcoin, they should know that they have to love both the bull and bear market if they're really serious about investing on Bitcoin. The problem with such investors I s that they are short sighted on the potential of bitcoin when you invest and hodli for long. Those investors never had the intention to hodli their coins or to put some value into bitcoin for the future if not they will not worry or bother themselves about the price of bitcoin at that moment. Traders are Thebes ones acting like that because of panic since they are after quick profit which do turns out to be the opposite most times. A new investor that has the desire to invest in bitcoin for a long-term do not need to see the price of bitcoin dipping as a threat to his bitcoin journey rather it is an advantage to buy bitcoin cheap because his own focus to keep his DCA buying ongoing persistently and consistently overtime with part of his discretionary income since he has plans for the future. If you don't have the confidence in bitcoin as a new investor, you can start with little amount of money to start with and continue DCAing every week or month till when you have done this for one year and above by them your confidence must have increase and y them you can increase your DCA amount so that your portfolio will increase faster than before.
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Barikui1
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August 27, 2024, 09:47:55 AM Merited by JayJuanGee (1) |
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Whatever investment that you are doing that doesn't guarantee you a specified amount of profitability in the end is a risk, and Bitcoin is not excluded from that. Mind you whatever you hear people say about bitcoin getting to certain price level in the future are mare speculations. There is no guarantee that it will play out that way. Also relying on past performances of bitcoin as a proof of future performance is also risk of it's own. So when you have invested in bitcoin and your plan is to hold it for 5 years, that's risk on it's own because you are not guaranteed of making profit. That's why the risk in long term hold is not zero. You can't take speculations for facts!! If you had known the specific amount of profit you will make at the end of the 5 years before investing, then you can say there is zero risk. But since there is nothing like that, there are still elements of risk involved, because it may happen the way you expects or it may not. And it is advisable not to be over reliant on your bitcoin investment so that you don't get into trouble, when your projected time of holding comes and things don't go the way you planned. That you hold bitcoin for 5 years does not guarantee you profitability. That's the risk in it.
Well said I do adives newbie who are jumping into investing in any Financial digital assets due to their lack of knowledge the most important part will fell out firsty you need to make your research first before jumping into any bitcoin well permit me to say bitcoin it self has a little risk around it after all life itself is a risk frist of all people don't understand about the long term holding risk nowadays people just wake up and start predicting the future saying today in the next 6yeas to come bitcoin is going to hit 1000k all of that. That is call speculations and people are free to speculate about the future prices of bitcoin. Market makers do speculate base of different indicators/Variables they see playing out in the market, and they are not wrong to speculate about bitcoin. It is now left for for the investor to understand that speculation is not a guarantee of performance, rather it is a probability. And when something is under probability it means it may happen or it may not. So people who are investing in bitcoin for a long term based on the speculations that bitcoin will get to certain price in the future are not wrong. But the ability of investors to understand speculation is different from actual performance is what makes the difference. They should make up their mind on time that if it happens as speculated fine, but if it doesn't happen fine, life goes on. Everyone that is investing in Bitcoin has this believe that Bitcoin will hit a high in price in the future, especially those that are into Long term Bitcoin investment and is certain that Bitcoin will grow in price as time goes on and i don't think Bitcoin growing in price in the future should bother us because is certain that it will grow it may take time but definitely it will happen and that is why is good not to use Bitcoin as a source of income or something you are hoping to use to settle your bills since one is not certain how long it will take for it to grow to that certain price level you hope for it, and also have the mindset of a very long term holding. Bitcoin as an investment can never be used as a means of offsetting immediate bills or solving immediate needs, I think investment should understand Bitcoin is an investment that shouldn't be over burdened with much expectations, thats why it is advisable for every investor to understand that bitcoin is a long-term investment and as you investing make sure that you have some money left or extra earnings from somewhere to carter for your needs to avoid tampering your investment hence you know that your focus is in the future, setting your goals before investing in bitcoin is really helpful for an investor because once you set your bitcoin investment goals and work towards the set goals, it wouldn't be that difficult for you to achieve reason being that you were prepared. Yea, Bitcoin will sure grow and that should be a major concern for us hence we know that Bitcoin will appreciate in price in the future, our major concern is to keep buying as much we can and continue hodling since we alreday know what the future has for Bitcoin Hodlers. I laugh when I see people bother about Bitcoin price although old folks in the investment don't bother about Bitcoin price because of their level of understanding in the system, long-term is the mindset for every bitcoiners to arrive at their satisfied expected price. Times without number people comes into bitcoin markets with the wrong impression thinking it an investment that is going to cook insanely which I would rather say it very wrong honestly and one thing I have observed from bitcoin trade is that it make you control your hope toward, well should I say it an investment which you don't mix up with urgents needs or funding at a time it an high level of investment which means not having a higher expectations towards it already you no it is appropriating in the market so you don't put your hopes high this is the part the newbie don't understand. Bro, sincerely speaking, if I didn't believe that Bitcoin can build a generational wealth for me overtime, I wouldn't be investing in it now through the DCA accumulating strategy, though I actually don't expect a quick return now, but I believe that in the future, I am actually going to look back and smile that I made the right decision today, because I believe that we are still in the early days of Bitcoin, so their is a higher probability of Bitcoin going up to $1 million in the future, so you saying that it's a wrong impression to believing that Bitcoin is going to cook insanely is a wrong impression, and that is what I don't accept, because as long as you are a long term holder, you will surely be a big benefactor of Bitcoin if you have a very good stash of Bitcoin in your possession, so to me Bitcoin can actually cook insanely but not now, it's very much possible in the future, so in essence of what am trying to say is that if I don't believe that Bitcoin is actually going to cook insanely for me in the future, I wouldn't be investing in it today, I would have prefer putting my hard earned money into something else.
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Promocodeudo
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August 27, 2024, 01:19:26 PM |
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Another important thing I consider very important as what also facilitate or aids holding is having is how much you are convinced personally about your asset, because there is possibilities of any one not to be able to hold effectively even with sources of income and emergency fund, all necessarily factors must be kept in place or look out for in ensuring hodling efficiency Holding bitcoin is all about principles, is not as difficult the way you sees it . Because is all about accumulating with money you know you can stay without using for long, so for instance you are holding and accummulating bitcoin. You will literally mind the way you spend to avoid over spending, especially when you know that you are not that financially stable . That's where emergency funds comes in because that's the money you will use to take care of expenses while holding to avoid putting your hands in your bitcoin investment. Holding bitcoin is only difficult when there is no other source an investor is getting money from, it has been said time without number that as a bitcoiner that has the mindset of hodling for long-term, it is better for you not to do morethan yourself or investing all your earnings because if you do, it is likely possible that you may end your investment half way, hodling requires patience and consistent source to enable you to continue acumulating and hodling for the future without any form of interruption. With good plan on ground your investment will go smoothly without seeing your Bitcoin portfolio as a means to solve your problems, for me i see Bitcoin as an investment that has future potentials, so I Believe if we must keep our portfolio intact, we must have considered ways to sustain our investment and things that may hinder us from furthering our investment and tackle them accordingly, i somuch believe that every individual knows that anything is possible at anytime as such if we must conquer, we must be prepared and without emergency funds, the available beceomes the alternative, in conclusion, every bitcoiner should rely on his or her financial abilty to invest and increase his or her investment once their is noticeable increase in individual financial status to avoid tampering their portfolio.
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Cryptoprincess101
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August 27, 2024, 06:59:42 PM Merited by JayJuanGee (1) |
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Whatever investment that you are doing that doesn't guarantee you a specified amount of profitability in the end is a risk, and Bitcoin is not excluded from that. Mind you whatever you hear people say about bitcoin getting to certain price level in the future are mare speculations. There is no guarantee that it will play out that way. Also relying on past performances of bitcoin as a proof of future performance is also risk of it's own. So when you have invested in bitcoin and your plan is to hold it for 5 years, that's risk on it's own because you are not guaranteed of making profit. That's why the risk in long term hold is not zero. You can't take speculations for facts!! If you had known the specific amount of profit you will make at the end of the 5 years before investing, then you can say there is zero risk. But since there is nothing like that, there are still elements of risk involved, because it may happen the way you expects or it may not. And it is advisable not to be over reliant on your bitcoin investment so that you don't get into trouble, when your projected time of holding comes and things don't go the way you planned. That you hold bitcoin for 5 years does not guarantee you profitability. That's the risk in it.
Everything that is Investment especially Bitcoin has a fluctuating nature where the movement of the graph is not measured accurately, from here everyone can speculate about the future value, those who do have their assets certainly think this will be much better in the next period and this we estimate is reasonable, and actually this does have risks and all Investors admit it. However, it seems that targeting the Investment time too much does not sound effective to do, considering that this is a volatile Bitcoin making speculation that can later be seen with the profits obtained with each change, maybe we say when it moves down it is better to hold or continue buying and but when the graph is to the increase number you can collaborate your choice to continue to survive or return a little profit first. You sound lost here because firstly it's not all investments that fluctuates so if you were to be more specific it would have been better and yes people do use charts to make speculation of future market prices but it is not a guarantee that those speculations are going to be accurate. Talking about targeting investments time I assume you are referring to market prices so if that's what you mean then it's true that after making investments it is not necessary to monitor the market fluctuations anymore as those who does that are mere traders and not real investors so after making investments our targets should be on how to grow our portfolio instead of targeting the market all the time then if the price fallls it is an advantage to buy at a DIP price and hodl instead of buying at a DIP and expect the price to skyrocket and then you take little profits, it is a bad investment mentality.
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sotelorene
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Eloncoin.org - Mars, here we come!
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August 27, 2024, 09:46:56 PM |
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Whatever investment that you are doing that doesn't guarantee you a specified amount of profitability in the end is a risk, and Bitcoin is not excluded from that. Mind you whatever you hear people say about bitcoin getting to certain price level in the future are mare speculations. There is no guarantee that it will play out that way. Also relying on past performances of bitcoin as a proof of future performance is also risk of it's own. So when you have invested in bitcoin and your plan is to hold it for 5 years, that's risk on it's own because you are not guaranteed of making profit. That's why the risk in long term hold is not zero. You can't take speculations for facts!! If you had known the specific amount of profit you will make at the end of the 5 years before investing, then you can say there is zero risk. But since there is nothing like that, there are still elements of risk involved, because it may happen the way you expects or it may not. And it is advisable not to be over reliant on your bitcoin investment so that you don't get into trouble, when your projected time of holding comes and things don't go the way you planned. That you hold bitcoin for 5 years does not guarantee you profitability. That's the risk in it.
Everything that is Investment especially Bitcoin has a fluctuating nature where the movement of the graph is not measured accurately, from here everyone can speculate about the future value, those who do have their assets certainly think this will be much better in the next period and this we estimate is reasonable, and actually this does have risks and all Investors admit it. However, it seems that targeting the Investment time too much does not sound effective to do, considering that this is a volatile Bitcoin making speculation that can later be seen with the profits obtained with each change, maybe we say when it moves down it is better to hold or continue buying and but when the graph is to the increase number you can collaborate your choice to continue to survive or return a little profit first. The fluctuating nature of Bitcoin is what we call the volatility which traders always play around with and investors are not concerned with the behavior of Bitcoin I mean whether uptrend or downtrend investor doesn't care. what investor care about is how to accumulate enough Bitcoin within the shortest interval of time and the DCA help us to invest anytime, increase in price doesn't affect or doesn't make the DCA not to function. Targeting or watching the market is not a bad idea because some people watch to see if there's a good entry point and investors who does this are the lump sum and buy Dip investors but it will be a wrong idea to be watching your investment after investing because if you're not disciplined enough you can be tempted to touch your investment when you're not suppose to.
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Yukyzu
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August 27, 2024, 11:58:13 PM |
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Everything that is Investment especially Bitcoin has a fluctuating nature where the movement of the graph is not measured accurately, from here everyone can speculate about the future value, those who do have their assets certainly think this will be much better in the next period and this we estimate is reasonable, and actually this does have risks and all Investors admit it.
However, it seems that targeting the Investment time too much does not sound effective to do, considering that this is a volatile Bitcoin making speculation that can later be seen with the profits obtained with each change, maybe we say when it moves down it is better to hold or continue buying and but when the graph is to the increase number you can collaborate your choice to continue to survive or return a little profit first.
The fluctuating nature of Bitcoin is what we call the volatility which traders always play around with and investors are not concerned with the behavior of Bitcoin I mean whether uptrend or downtrend investor doesn't care. what investor care about is how to accumulate enough Bitcoin within the shortest interval of time and the DCA help us to invest anytime, increase in price doesn't affect or doesn't make the DCA not to function. Targeting or watching the market is not a bad idea because some people watch to see if there's a good entry point and investors who does this are the lump sum and buy Dip investors but it will be a wrong idea to be watching your investment after investing because if you're not disciplined enough you can be tempted to touch your investment when you're not suppose to. Yes, of course, investors don't really care about the price of Bitcoin for now, but they continue to focus on accumulating their Bitcoin assets according to their ability and for those who use the DCA method in investing, of course they will still buy it at any price circumstance because they have set their own purchase schedule consistently to continue accumulating their assets. It is true that it is very good to keep paying attention to market conditions when you want to know the right time to make a purchase, but I think we must stick to our initial goal to keep buying it under any circumstances when we have funds that are ready for us to invest, because without having funds that we are ready to hold for a long period of time, it will be difficult to be able to maintain the investment that we are running.
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SmartCharpa
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August 28, 2024, 02:10:40 PM |
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Trading becomes gambling when someone who trades does not have knowledge about it and keeps on losing money. That means he is gambling with his money, but some people confidently compare these two things together, and I think they are not the same. However, the practices that can lead trading to gambling is when a trader keeps losing money and refuses to find a way to sort his problem out because when you lose too much and you are not making money out trading, that is gambling.
Well, I believe that those who compare trading to gambling lack knowledge of crypto trading, because if they did, they would not compare it to gambling. Those who compare trading with gambling, in my opinion, are those who invest for the short term, otherwise, I do not believe people who have held for a long time would compare trading to gambling. However, I'm wondering how some people compare this because no one can predict the price of Bitcoin, and no one can suggest what the Bitcoin price will be in the future, whereas anyone can predict the outcome of a game or any other gambling they risk their money on.
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Marvelockg
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August 28, 2024, 04:04:07 PM Merited by JayJuanGee (1) |
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Trading becomes gambling when someone who trades does not have knowledge about it and keeps on losing money. That means he is gambling with his money, but some people confidently compare these two things together, and I think they are not the same. However, the practices that can lead trading to gambling is when a trader keeps losing money and refuses to find a way to sort his problem out because when you lose too much and you are not making money out trading, that is gambling.
Well, I believe that those who compare trading to gambling lack knowledge of crypto trading, because if they did, they would not compare it to gambling. Those who compare trading with gambling, in my opinion, are those who invest for the short term, otherwise, I do not believe people who have held for a long time would compare trading to gambling. However, I'm wondering how some people compare this because no one can predict the price of Bitcoin, and no one can suggest what the Bitcoin price will be in the future, whereas anyone can predict the outcome of a game or any other gambling they risk their money on. I wouldn't want to sound rude but it appears as though you might be confusing yourself with almost all the things you're saying about the relationship between trading and gambling while comparing it to investing in Bitcoin. What do you call someone that tries to predict what the price of a volatile asset like Bitcoin will become within a set out timeframe knowing that he is not in any way in charge of what's responsible for Bitcoin price movement or even goes on to sells his holding too soon hoping that Bitcoin will DIP so he can buy back? Is that not same as gambling knowing that you're basically doing trial and error with your Bitcoin? It's even those that have invested for the long term and that knows that when you're selling to buy back cheap or selling at any slight profit you find yourself that you're actually gambling with your investment, they are in the best position to call you a gambler and not a short term holder who is not even far from one that's gambling with his investment through trading. What's even the difference between predicting the outcome of Bitcoin price within a certain timeframe and selling Bitcoin when you're in slight profit for the purpose of buying back just because of the speculation you've done?
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Miles2006
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August 28, 2024, 04:14:21 PM |
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Whatever investment that you are doing that doesn't guarantee you a specified amount of profitability in the end is a risk, and Bitcoin is not excluded from that. Mind you whatever you hear people say about bitcoin getting to certain price level in the future are mare speculations. There is no guarantee that it will play out that way. Also relying on past performances of bitcoin as a proof of future performance is also risk of it's own. So when you have invested in bitcoin and your plan is to hold it for 5 years, that's risk on it's own because you are not guaranteed of making profit. That's why the risk in long term hold is not zero. You can't take speculations for facts!! If you had known the specific amount of profit you will make at the end of the 5 years before investing, then you can say there is zero risk. But since there is nothing like that, there are still elements of risk involved, because it may happen the way you expects or it may not. And it is advisable not to be over reliant on your bitcoin investment so that you don't get into trouble, when your projected time of holding comes and things don't go the way you planned. That you hold bitcoin for 5 years does not guarantee you profitability. That's the risk in it.
Everything that is Investment especially Bitcoin has a fluctuating nature where the movement of the graph is not measured accurately, from here everyone can speculate about the future value, those who do have their assets certainly think this will be much better in the next period and this we estimate is reasonable, and actually this does have risks and all Investors admit it. However, it seems that targeting the Investment time too much does not sound effective to do, considering that this is a volatile Bitcoin making speculation that can later be seen with the profits obtained with each change, maybe we say when it moves down it is better to hold or continue buying and but when the graph is to the increase number you can collaborate your choice to continue to survive or return a little profit first. The fluctuating nature of Bitcoin is what we call the volatility which traders always play around with and investors are not concerned with the behavior of Bitcoin I mean whether uptrend or downtrend investor doesn't care. what investor care about is how to accumulate enough Bitcoin within the shortest interval of time and the DCA help us to invest anytime, increase in price doesn't affect or doesn't make the DCA not to function. Targeting or watching the market is not a bad idea because some people watch to see if there's a good entry point and investors who does this are the lump sum and buy Dip investors but it will be a wrong idea to be watching your investment after investing because if you're not disciplined enough you can be tempted to touch your investment when you're not suppose to. I don’t think the up and down trend really matters as accumulating bitcoin for long term run now is better off monitoring an entry price, people who accumulate within shortest interval might be over investing including the pressure from my view but if such person is financially stable it’s not a bad choice, we can always accumulate regularly using the dca for those who don’t have the money to buy the dip or lump sum. An investor can still apply both strategy and continue dca , it’s never too late to buy and hold bitcoin mostly people who watch the price before making any move can start buying now and hold.
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JayJuanGee
Legendary
Offline
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Self-Custody is a right. Say no to"Non-custodial"
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August 28, 2024, 04:44:40 PM Last edit: August 28, 2024, 04:57:02 PM by JayJuanGee |
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Trading becomes gambling when someone who trades does not have knowledge about it and keeps on losing money. That means he is gambling with his money, but some people confidently compare these two things together, and I think they are not the same. However, the practices that can lead trading to gambling is when a trader keeps losing money and refuses to find a way to sort his problem out because when you lose too much and you are not making money out trading, that is gambling.
Well, I believe that those who compare trading to gambling lack knowledge of crypto trading, because if they did, they would not compare it to gambling. Those who compare trading with gambling, in my opinion, are those who invest for the short term, otherwise, I do not believe people who have held for a long time would compare trading to gambling. However, I'm wondering how some people compare this because no one can predict the price of Bitcoin, and no one can suggest what the Bitcoin price will be in the future, whereas anyone can predict the outcome of a game or any other gambling they risk their money on. You hardly make any sense. Either trading or investing could be forms of gambling, yet trading tends to be quite a bit closer to gambling than investing. Especially, once you also consider the differences between trading and investing, which I am not sure if you even understand the difference between trading and investing, since some traders call their trading stack an investment, since it is perhaps a kind of working capital that they are continuously trying to build so in some sense the terms will overlap and even become confusing too. In bitcoin, investing should be 4 years or more, and preferably 4-10 years or more, otherwise, if the investment into bitcoin is less than 4 years, then it is more like trading rather than investing because it is an attempt to catch the cyclic price wave. In bitcoin, in order to get out of that trading kind of an approach and to consider that you are not playing the waves, you would need to be planning to invest more than 4 years. So sure, something could go wrong or come up that you end up needing the money earlier, but if you at least have a plan that you are staying at least 4 years, then you are more likely to graduate into a category of investing in bitcoin rather than planning to trade it. There can be more conservative forms of trading that would be less like gambling, yet if we appreciate gambling to be more on the spectrum of a game of chance and/luck rather than a game of skill, so surely there are some traders who have more skills than others and those who are employing more skills in their trading would be gambling less than those who are not employing as many skills. Many traders likely would like to believe that they are employing skills, yet if they really look at what they are doing, they might not be applying as many skills as they believe that they are since the main skills would be trying to speculate an entry point and various possible exit strategies, perhaps to stack fiat (even though there are some who might want to stack bitcoin or even stack some other kind of an asset or consumption good with their profits). A person could come into bitcoin with a trading intention, so for example, let's say that one year ago in late August 2023, such trader came into bitcoin and the BTC price was bouncing between $25k and $27k, so he decides that he is going to buy $2.6k worth of bitcoin and hold until the BTC price is at least 30% higher and then when the BTC price drops back down 10% he will buy back, so if he buys at $26k (0.1BTC) and then he ends up selling at $35k (receiving $3.5k minus fees), and so then the BTC price does not drop and it keeps going up so such trader has to figure out the terms of his next trade... and yeah maybe he is not exactly gambling, and if the BTC price would have had gone down rather than up, he could have had a plan to either hold until the BTC price returns back up or to hold it until it goes to zero or alternatively he could have had employed some kind of a stop loss point (since he might want to keep his capital working).. The styles of traders can vary, and some are more gambling oriented than others, and perhaps the ones using more skill are not gambling as much as the ones using fewer skills, but even the one who are using more skills in their trading will likely recognize the gambling aspects of their trading (rather than denying it), especially if they are genuine rather than just trying to spin the supposed lack of risk of what they are doing... and another aspect is if the trader were to be using leverage that brings even more complications and more risks that may or may not end up in classifying what they are doing as a kind of gambling, even though they might still call such practices as trading, too.. which sure they might be using a lot of skills and maybe even setting up their leverage trades in both directions so that less luck is involved and more skill is involved. Let's take a financially similarly situated, investor... He also has $2.6k that he can invest into bitcoin at $26k-ish, but he also has a plan to invest 4-10 years or longer (he might even be thinking -20-30 years or more of investing into bitcoin, but he is starting with at least an idea of 4-10 years or longer), so he plans to start out with his $2.6k as a lump sum buy and then after that to buy $100 of bitcoin per week for about the next 4 years and then reassess his situation from time to time to see if he might want to increase or decrease his DCA amounts or other ways that he might buy BTC to keep accumulating. He might also know that about 2-3 times a year he tends to get a bonus (or other extra cashflow that might end up being anywhere between $1,500 and $3k, and so he considers that he might put some or all of his bonus into bitcoin, just depending on where the rest of his finances are at the time that he gets each of the bonuses. The longer term investor is still taking chances because bitcoin could end up going to zero, yet he is still mostly staying focused on buying and accumulating bitcoin, and sure down the road he might conclude that he has enough bitcoin and start to sell it or even to sell all of it, yet he is still making fewer entrances and exits that the trader, and seems way less inclined to fit the gambling label as compared to the trader who may or may not have as many guidelines in terms of how to reach his various goals along the way. We can still proclaim that the investor is still gambling on a proposition that the BTC price will tend to go up in the longer term, yet it only makes a bit of sense that the guy who has the longer term approach is less incline to fit into the category as a gambler as compared to the trader who may or may not be taking chances or even going down slippery slopes to be more and more greedy with his trades, so even if traders may have had started out conservative they might become more adventurous in their journey, and if they don't lose all their money, they might even make a lot of mistakes along the way and decide to become more conservative so then maybe gravitating towards being less of a gambler in the way that they execute their trades. and so they might even figure out how to be an investor, even though sometimes traders will have difficulties creating longer term plans like the investor because they might presume that they have to keep their capital working so there are frequently more and more slippery slope possibilities that the trader will fall into some gambling practices, whether they admit it (or like such label) or not.
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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SuperBitMan
Jr. Member
Offline
Activity: 42
Merit: 14
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 28, 2024, 05:56:20 PM |
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Whatever investment that you are doing that doesn't guarantee you a specified amount of profitability in the end is a risk, and Bitcoin is not excluded from that. Mind you whatever you hear people say about bitcoin getting to certain price level in the future are mare speculations. There is no guarantee that it will play out that way. Also relying on past performances of bitcoin as a proof of future performance is also risk of it's own. So when you have invested in bitcoin and your plan is to hold it for 5 years, that's risk on it's own because you are not guaranteed of making profit. That's why the risk in long term hold is not zero. You can't take speculations for facts!! If you had known the specific amount of profit you will make at the end of the 5 years before investing, then you can say there is zero risk. But since there is nothing like that, there are still elements of risk involved, because it may happen the way you expects or it may not. And it is advisable not to be over reliant on your bitcoin investment so that you don't get into trouble, when your projected time of holding comes and things don't go the way you planned. That you hold bitcoin for 5 years does not guarantee you profitability. That's the risk in it.
Everything that is Investment especially Bitcoin has a fluctuating nature where the movement of the graph is not measured accurately, from here everyone can speculate about the future value, those who do have their assets certainly think this will be much better in the next period and this we estimate is reasonable, and actually this does have risks and all Investors admit it. However, it seems that targeting the Investment time too much does not sound effective to do, considering that this is a volatile Bitcoin making speculation that can later be seen with the profits obtained with each change, maybe we say when it moves down it is better to hold or continue buying and but when the graph is to the increase number you can collaborate your choice to continue to survive or return a little profit first. The fluctuating nature of Bitcoin is what we call the volatility which traders always play around with and investors are not concerned with the behavior of Bitcoin I mean whether uptrend or downtrend investor doesn't care. what investor care about is how to accumulate enough Bitcoin within the shortest interval of time and the DCA help us to invest anytime, increase in price doesn't affect or doesn't make the DCA not to function. Targeting or watching the market is not a bad idea because some people watch to see if there's a good entry point and investors who does this are the lump sum and buy Dip investors but it will be a wrong idea to be watching your investment after investing because if you're not disciplined enough you can be tempted to touch your investment when you're not suppose to. I don’t think the up and down trend really matters as accumulating bitcoin for long term run now is better off monitoring an entry price, people who accumulate within shortest interval might be over investing including the pressure from my view but if such person is financially stable it’s not a bad choice, we can always accumulate regularly using the dca for those who don’t have the money to buy the dip or lump sum. An investor can still apply both strategy and continue dca , it’s never too late to buy and hold bitcoin mostly people who watch the price before making any move can start buying now and hold. Those who monitor the market price before investing really don't understand the concept of Bitcoin, we all know that Bitcoin is volatile and if you want to make good profit from Bitcoin you need to hold for a very long time so why monitoring the market price of it, those that monitor Bitcoin market price before investing are too desperate of making profit from Bitcoin and with such desperate mentality one can be patient and one can't succeed. There are some things I expect from newbies who are into Bitcoin investment which is going into the history of Bitcoin how it started, what was Bitcoin first price, what is Bitcoin current price and know people who has been holding for 10 years now. When I did all this research no body told me what to do, I will tell you for free the best way to achieve good Bitcoin profit is by holding for a very long term. If one can be consistent in accumulation and holding for 10 to 20 years one will forever be proud of his or her self. Is late to invest in Bitcoin but one can still start now and still make good profit that will surprise everyone, if one can start now and become consistent in accumulation and keeping holding for 10 to 20 years one would have accumulated enough Bitcoin and have succeed. People should stop saying is late I can't invest anymore, and saying Bitcoin has already grown there's no need to invest in it, some people like investing on something new and then grow with it, but let me tell you Bitcoin has not gotten to half of it's growth level and just few people in the world are investing on Bitcoin that means Bitcoin is still a new investment and still have a long way to go that means if you invest in it now you are still growing with it and if you hold for 20 to 30 years you will be surprised on how big Bitcoin will become so there's still enough time to grow with Bitcoin.
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Moreno233
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 28, 2024, 10:36:33 PM |
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I don’t think the up and down trend really matters as accumulating bitcoin for long term run now is better off monitoring an entry price, people who accumulate within shortest interval might be over investing including the pressure from my view but if such person is financially stable it’s not a bad choice, we can always accumulate regularly using the dca for those who don’t have the money to buy the dip or lump sum. An investor can still apply both strategy and continue dca , it’s never too late to buy and hold bitcoin mostly people who watch the price before making any move can start buying now and hold.
Those who monitor the market price before investing really don't understand the concept of Bitcoin, we all know that Bitcoin is volatile and if you want to make good profit from Bitcoin you need to hold for a very long time so why monitoring the market price of it, those that monitor Bitcoin market price before investing are too desperate of making profit from Bitcoin and with such desperate mentality one can be patient and one can't succeed. There are some things I expect from newbies who are into Bitcoin investment which is going into the history of Bitcoin how it started, what was Bitcoin first price, what is Bitcoin current price and know people who has been holding for 10 years now. When I did all this research no body told me what to do, I will tell you for free the best way to achieve good Bitcoin profit is by holding for a very long term. If one can be consistent in accumulation and holding for 10 to 20 years one will forever be proud of his or her self. People check the price of market for various reasons and not only to sell like your post is suggesting. Those who are buying the dips and using market execution and not limit orders can monitor the price manually to know when to buy. Unless they set alert on certain price levels, they might miss out if they don't monitor the price. Even as I don't like checking the price every moment, I think some check the price for good reasons and not a sign of panic. Is late to invest in Bitcoin but one can still start now and still make good profit that will surprise everyone, if one can start now and become consistent in accumulation and keeping holding for 10 to 20 years one would have accumulated enough Bitcoin and have succeed. People should stop saying is late I can't invest anymore, and saying Bitcoin has already grown there's no need to invest in it, some people like investing on something new and then grow with it, but let me tell you Bitcoin has not gotten to half of it's growth level and just few people in the world are investing on Bitcoin that means Bitcoin is still a new investment and still have a long way to go that means if you invest in it now you are still growing with it and if you hold for 20 to 30 years you will be surprised on how big Bitcoin will become so there's still enough time to grow with Bitcoin.
It is never late to invest in Bitcoin because Bitcoin is not going anywhere soon. The price might have changed from what it used to be few years ago but that does not mean that investing in Bitcoin now is a bad decision. When price of Bitcoin reached 1k, people also complained of it being too expensive to purchase at that point and a lot of people felt that was the best it could do. Today we have seen how wrong they were for thinking that 1k is too high for the price of Bitcoin. I will be happy to see the faces of those thinking that it is late to invest in Bitcoin now when price of Bitcoin hit 100k and go beyond to as far as 500k. It will happen because Bitcoin has limited supply which any rapid increase in demand will create higher prices. The good thing is that Bitcoin can be purchased in fractions which means any amount you have, you can buy Bitcoin and continue from there. You don't have to but 1BTC before you start, any amount will be fine provided it reaches the minimum withdrawal from the platform in which the purchase is made.
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Stablexcoin
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August 29, 2024, 01:41:12 AM |
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Is late to invest in Bitcoin but one can still start now and still make good profit that will surprise everyone, if one can start now and become consistent in accumulation and keeping holding for 10 to 20 years one would have accumulated enough Bitcoin and have succeed. People should stop saying is late I can't invest anymore, and saying Bitcoin has already grown there's no need to invest in it, some people like investing on something new and then grow with it, but let me tell you Bitcoin has not gotten to half of it's growth level and just few people in the world are investing on Bitcoin that means Bitcoin is still a new investment and still have a long way to go that means if you invest in it now you are still growing with it and if you hold for 20 to 30 years you will be surprised on how big Bitcoin will become so there's still enough time to grow with Bitcoin.
I tend to disagree with you here. It's never too late to invest in Bitcoin. A lot of people said this same sentence 2 to 4 years ago that it was too late to enter into Bitcoin and by then Bitcoin price was around 10k to 12k. Now look at the price of Bitcoin currently, it's going even higher and higher with time. The perfect time to start buying Bitcoin and stop sitting around procrastinating using it too late to justify your ignorance is now. Now is better, tomorrow is better and next year is even better. The answer is to start buying as much as you can afford and expect good news in the next few years. No amount is too big and no amount is too small to start your investment. A beginner would say he had just 10$ to start, yes start with it. Even a little marble but gathered a lot in one basket would fill it up. Which means starting with 10$ with consistently withing a year one can hold a substantial amount of Bitcoin in his portfolio.
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