Buy Buy Buy or Sell Sell Sell?

[sotelorene]

A lot of poor people are going to be tempted to cash out some or a lot of their BTC investment too soon.. .. which is getting them into the too much too soon category, and also ending  up delaying or even preventing them from ever reaching fuck you status.

Many people are ignorant of Bitcoin investment that's why they do it the shitcoins way which is taking profits too soon but I've come to understand that it's not only ignorance that cause such situations, there are people who come from third world countries with a bad economy and most of them invest just for survival, they just want to make quick money and survive the harsh economy but then, that's not an excuse and shouldn't cause them to make mistakes and that's why we as bitcoin advocates that have good knowledge to an extent or very well should help them understand the consequences of investing on Bitcoin the wrong way, we should enlighten them concerning the consequences of what their actions could cause in future and also the benefits of being patient, Bitcoin investment involves long-term it doesn't matter the situation of anyone's economy, people just ought to do the right thing to make good profits in the future and there's no two ways about it.

You may be right if actually what you said about third world country are correct but then again if they are struggling to survive why going to invest when you know that Bitcoin is not a Ponzi scheme or something you can just do today and expect massive profit the next day rather it is an asset that is meant to be accumulated and hold for some years before one can see a good return so I wonder how someone that is struggling to survive can have this patient perhaps you should enlighten them on other things to do and not Bitcoin investment because anyone who is struggling to survive by default can never go far in..., and instead of to trying, it will be better if they don't at all because they might be tempted to sell when they are chocked by circumstances and they can even sell at loss so it is not advisable for such person to venture into Bitcoin investment.

[Promocodeudo]

A lot of poor people are going to be tempted to cash out some or a lot of their BTC investment too soon.. .. which is getting them into the too much too soon category, and also ending  up delaying or even preventing them from ever reaching fuck you status.

This has always been the case and that's more reason why these set of peope should invest and still look for ways to improve their source of income if actually they want to make it to the future without possibly thinking that withdrawing their investment is an alternative to solving whatever financial problem they may have, one can only want to withdraw his or her Bitcoin investment when he or she sees Bitcoin investment as an investment that you can come in and want to withdraw tomorrow when there's a bit price increase, another reason why these set of persons you mentioned may want to withdraw is that they arent having long-term in their mind before starting up the investment in the first place, some person have series of excuses to withdraw their Bitcoin asset but my questions is, are these excuses worth it, is just like someone starting a journey thats very much beneficial to him at the end but refused to make it to that point.

There are poor people that has a futuristic mindset that strive to make that their portfolio keeps increasing no matter how little it is without thinking of withdrawing their BTC investment anytime soon, I think that these an individual thing and what they have in mind before investing.
Some people are bent on being too quick to decision because of their lack of panning they feel that any available source they can lay their hands on to solved their immediate problem is good to not minding the potentials of such assets in the future, being tempted as you said is normal for humans being involved in this investment but thinking twice before implementing such decision is what makes you a good strategists and a deciplinarian, no matter leta adhere to the mindset of consistent acumulation and hodling for a long-term.

[asarfiar]

you have spoken it all princess leah, any bitcoin investors who intend to sell off all their bitcoin investment, which they have accumulated and hold for 5 years in other to take profit and then buy back, to me I think that is really a wrong idea, which may later lead to regrets,

because any bitcoin investors who knows the right approach to bitcoin will only sell some portion of their bitcoin investment and continue holding his or her bitcoin. if possible he or she can still continue to accumulate more bitcoins, for that's what real bitcoin investors who knows how bitcoin works will do.

It would be really wrong selling your Bitcoin holdings after a five year interval, thinking to start all over again after then, how myopic could such person be? Especially when he is still in his accumulation journey, because in my own opinion, five years is actually not long term and it's too premature to be doing that by selling it then, it's just for minimal gains because Bitcoin would be no where near it peak price then, so it's really a bad idea in my own opinion, a wise investor that is in for a long term should be thinking of accumulating more Bitcoin and increasing his stash as much as possible, so that in like three to five circles time, he can be able to reap a huge dividend of his investment not as early as five years time because that would be too premature.

It seems that part of the point is that after a few cycles, there should not be any need to sell all of your BTC.  You can just shave off some coins here and there from time to time, rather than thinking about bitcoin as something that you would cash out of in completeness.

No matter what, each of us has to figure out those kinds of matters, and if we are considering that we have a lot of years to live, then we can likely make our bitcoins last and spend from other sources of income prior to spending any of our bitcoin, yet if we are in a situation in which all of our income has dried up, then maybe at that point bitcoin becomes our sole source of income.  Yet, I would think that it would be more common that we would be drawing from more than one source of income or even using bitcoin to supplement other sources of income that we might have, even if we might have gone into a status of no longer working for income.

Sometimes I really think its complete waste of opportunity to sell everything we have especially if we already built a decent portfolio for many years. Since all of our efforts made will be wasted and we exchange it for less profit if we dump immediately on that timeline. I believe Bitcoin has more to go and we could potentially hit for more bigger figures and I believe if we could able to hold our horses for more years then provably that we can get more bigger volume together with more bigger profits in future.

Data's have good basis to believe that Bitcoin would grow more in future https://calendar.bitbo.io/price/

That's why its better to accumulate more Bitcoin while they can and thinking about I will save Bitcoin until I retire since don't want to live thru money gotten by pensions only.

In your words, the logic is that many of us spend the short -lived money without having to control the short time because of a little misunderstanding our long -time plan. That is why I think it is very important to follow some rules for conducting life, so it is possible to keep all levels of life in a beautiful way. Emergency Fund ,Reserve funds and prudent funds, these funds work equally at each level on their way to life. Emergency Fund is supported by you if you need any money in your present The Reserve Fund eliminates the lack of money to deal with your natural disaster The money of prudent fundsHelps to save long -term.

I think this step is very important to invest in Bitcoin in the long run If we are If we can properly adhere to these steps, then the job freezing means not just at your last age but a high return of Bitcoin will play an important role in the last age.

[SOKO-DEKE]

A lot of poor people are going to be tempted to cash out some or a lot of their BTC investment too soon.. .. which is getting them into the too much too soon category, and also ending  up delaying or even preventing them from ever reaching fuck you status.

Many people are ignorant of Bitcoin investment that's why they do it the shitcoins way which is taking profits too soon but I've come to understand that it's not only ignorance that cause such situations, there are people who come from third world countries with a bad economy and most of them invest just for survival, they just want to make quick money and survive the harsh economy but then, that's not an excuse and shouldn't cause them to make mistakes and that's why we as bitcoin advocates that have good knowledge to an extent or very well should help them understand the consequences of investing on Bitcoin the wrong way, we should enlighten them concerning the consequences of what their actions could cause in future and also the benefits of being patient, Bitcoin investment involves long-term it doesn't matter the situation of anyone's economy, people just ought to do the right thing to make good profits in the future and there's no two ways about it.

Yes, there are some people who just invest in bitcoin, and they don't bother to further their knowledge about bitcoin, and I don't see any reason why some would like to believe much in bitcoin when it doesn't have a reason for that. People give along the way for holding their bitcoin investment, not because of some people being poor but because of their limited knowledge about bitcoin.

I have a friend that come from average family so he had a cousin brother that he discussion of bitcoin with and teach him some stuffs about bitcoin and it was convinces with the little knowledge he just gain,and this is how he invested some amount in bitcoin but along the way he decided to be panic and sell it bitcoin and i i was lucky to meet with the cousin brother and asked him why he want to sell his bitcoin and it told me that i can't see what market is doing and many people are talking that bitcoin price will come down and it will be the time for altcoins,so he want to sell his bitcoin and buy shitcoin and after he later make profits he sell it shitcoin and buy back bitcoin in bear market.

But what I let him know is that it is because of limited knowledge about bitcoin; that is why he was thinking like that, because I make him understand shitcoins are just pump and dump, and the funny thing about shitcoins is that nobody knows when they will pump and dump it except people that are behind the project. In fact, I make it clear to him that nothing like an altcoin season happens, but it does happen when some people come to scam people in the crypto market.

[Tmoonz]

You can aswell get those proper knowledge when you have already started buying bitcoin because i believe you will know more when you are into proper with your little knowledge at first, bitcoin investment is not too hard to know as people may think first thing is to get started when your Discretionary income is ready to avoid procastinating while trying to gain proper knowledge.

It's not too hard, yet people may be inclined to drop their bags even if they see even a bit of red.

To avoid this, knowledge should be built up beforehand.

The flexibility of the idea and concept of the DCA strategy of accumulating Bitcoin is more reasonable enough for anyone to be accumulating Bitcoin at the time building up knowledge gain from the market experience, it is better to be low coiner than to be a no coiner, what is being prioritize prior to getting started is the basic while you learn more about the environment along the line, it is retarding for anyone to think that they needed build up knowledge before getting started because you can never be satisfied, Bitcoin is growing asset that lot's of new things or innovations can be keep happening in the environment. It is best to get the fucking started and figure out other things in the process, you can not maximize the knowledge you seek by just sitting around the corner but getting started will increase your quest and curiosity for more knowledge.

[GiftedMAN]

You can aswell get those proper knowledge when you have already started buying bitcoin because i believe you will know more when you are into proper with your little knowledge at first, bitcoin investment is not too hard to know as people may think first thing is to get started when your Discretionary income is ready to avoid procastinating while trying to gain proper knowledge.

It's not too hard, yet people may be inclined to drop their bags even if they see even a bit of red.

To avoid this, knowledge should be built up beforehand.

Bitcoin is somehow easy to understand and people should not create any bad decision that can make their investment tough since if they have funds to spend for this investment for sure they can make everything smooth if they are willing to accumulate at whatever Bitcoin price reached.

Are you saying that people shouldn't consider having Bitcoin knowledge before they invest since everything about Bitcoin investment looks simple to you, it that's what you mean I will not agree with you, Bitcoin investment is not some kind of buying and selling where you can just wake up and go to the market with your money and resell the next day to make profit, people should at least know what Bitcoin is all about, what it means to invest in Bitcoin and how to protect their funds after investing in Bitcoin so that they will not invest their money and lose everything to the hands of scammers or hackers the next day. For everything that involves money proper inquiries and research should be made before investing it doesn't take away the profit that you will get after getting knowledge.

If you decide to invest in Bitcoin before getting knowledge there's no problem but I hope you don't forget to do so because most people who see Bitcoin as a scam today are Major those who were deceived into investing in shitcoins that vanished after they invested their money. Your knowledge of something will help you to get proper understanding of what ever you put your money into.

[Obim34]

You can aswell get those proper knowledge when you have already started buying bitcoin because i believe you will know more when you are into proper with your little knowledge at first, bitcoin investment is not too hard to know as people may think first thing is to get started when your Discretionary income is ready to avoid procastinating while trying to gain proper knowledge.

It's not too hard, yet people may be inclined to drop their bags even if they see even a bit of red.

To avoid this, knowledge should be built up beforehand.

Bitcoin is somehow easy to understand and people should not create any bad decision that can make their investment tough since if they have funds to spend for this investment for sure they can make everything smooth if they are willing to accumulate at whatever Bitcoin price reached.

Are you saying that people shouldn't consider having Bitcoin knowledge before they invest since everything about Bitcoin investment looks simple to you, it that's what you mean I will not agree with you, Bitcoin investment is not some kind of buying and selling where you can just wake up and go to the market with your money and resell the next day to make profit, people should at least know what Bitcoin is all about, what it means to invest in Bitcoin and how to protect their funds after investing in Bitcoin so that they will not invest their money and lose everything to the hands of scammers or hackers the next day. For everything that involves money proper inquiries and research should be made before investing it doesn't take away the profit that you will get after getting knowledge.

If you decide to invest in Bitcoin before getting knowledge there's no problem but I hope you don't forget to do so because most people who see Bitcoin as a scam today are Major those who were deceived into investing in shitcoins that vanished after they invested their money. Your knowledge of something will help you to get proper understanding of what ever you put your money into.

I agree with the user that Bitcoin is somehow easy to understand, you don't need to read too much about Bitcoin before you begin to invest, it is just a normal buy and hold knowledge, where and how to secure your investment, nothing much to know before starting up, Bitcoin investment is simple, most of us here who started our journey here were not knowledgeable as of today but because we started with the little knowledge we had on a buy and hold unbiased mindset, urged to learn more we are now able to fully control our portfolio at ease and safe, a beginner needs the knowledge not much of it, it is fairly needed not compulsory.

People who see Bitcoin as a scam are those who don't want to learn, they refuse to adopt advanced digital knowledge and with a pathetic undeveloped mindset accuse Bitcoin of what it's not. Shitcoiners fall into the same category, knowledge is passed every day, and anyone failing to roll themselves inside is evenly downgrading their resources because it keeps downgrading when put into the wrong investment.

[Derekfunds]

To buy bitcoin doesn't have a perfect time to buy bitcoin but I know that investing in Bitcoin what you to know concerning bitcoin investment is for you to know when you will invest, because probably bitcoin investment is something that  someone who have courage can do, and if you're money conscious person you will not think to keep your investment just a few time of investment, don't panic because bitcoin investment know the condition of every cryptocurrency investment.

You are right that investing in bitcoin doesn't have a perfect time, but at some point in your post, you said someone needs to know when to invest in bitcoin, which is not the right thing to say in a thread like this because someone can't figure out the right time to invest in bitcoin, and it will likely make newbies figure out the right time to invest in bitcoin when they are supposed to start their bitcoin investment right away when their accumulation money is readily available. You will not need courage to invest in bitcoin if you invest in bitcoin within your discretionary income or with the money you will not need for 4-10 years or more because you used the money that is not allocated to solve your daily expenses to invest in bitcoin, which will always allow you to invest in bitcoin freely and take care of your daily expenses.

Yes there is no fixed time or perfect time to invest in Bitcoin. If you buy bitcoin today, is the best time for you and if you buy bitcoin tomorrow, is the best time for you. Whenever you buy bitcoins it will be the best time for you. Although there is no fixed time to buy bitcoins we should buy bitcoins immediately. We should aim not to delay in buying Bitcoin because the way Bitcoin price is increasing day by day maybe if we don't buy Bitcoin now then we will regret when Bitcoin price increases in future.

However, long-term Bitcoin investment plans should be prepared for at least eight years or up to 10 years. The more sources of income a person has, the longer their investment will last. So create a source of income keep some of the money you earn from that source for investment and use the rest for daily expenses.

Yeah you are right, there are people who had the opportunity to buy Bitcoin 10 years ago but refused to buy because they feel Bitcoin won't be valuable and now they are regretting, some of them feels is already late for them to start Bitcoin accumulation for those set of people is not late for them they can still start there accumulation journey, those set of people that are also just knowing about Bitcoin investment is not late for them.
Bitcoin still has a long way to go and it has not reached half of it's growth limit so for now is not late the only time we can say Bitcoin is late for people to start accumulating is when Bitcoin has reached its growth limit.

your statement that The more sources of income a person has, the longer their investment will last, it is true that having a source of income is one criteria that can help your investment last because when you have a source of income it will prevent the urge of you dipping hands into your investment however this is not the only way to help you hold your Bitcoin for long term you need to have a strong emergency, reserve and float funds and also have a management skill, this things together with your good source of income will help you hold for a very long term.

It is difficult to make a profit by investing in Bitcoin for a short period of time. This is mainly a result of long-term planning. Because over time it gives its maximum tie. If a person keeps it for a long period of time, it increases the savings of the person without worrying about the ups and downs of the market. In that case, it works even if one does not start with a large amount of money. If one invests for a short period of time and sees that its price is increasing, then the investor should not sell it. Bitcoin investors should remember that one should not fall for the temptation of short-term profits. To invest in Bitcoin, you must have more sources of income. The more sources you have, the easier it will be to maintain the investment. If there is another source of income, the financial stress of the person will be less. If a person feels financial stress in life, he can cover it from there. When people retire, they get frustrated but investing in Bitcoin can relieve this frustration. Therefore, one should use a safe wallet for Bitcoin and gradually determine the amount of savings in line with the income.

you are actually correct making profit within a short period of time is under probability and the possibility is also very minimal because of how volatile the market can be at times but holding for a long period will help an investor to see a reasonable return because it has the magnitude of ascending after downtrend and whatever one chooses to use to accumulate, so long as they have  the long term mindset they will definitely see return but it will just be according to what they are able to hold because the better amount one uses to hold the better and huge their return will be. however, the only time bitcoin investment can relieve someone from frustration is if they actually understand what they are doing because some people get frustrate along the line and sell off or panic sometimes.

So long as you are willing to take the risk you should be willing to bear the risk, if you know you are not the time that looks out for the future return you will be frustrated with the pattern of operation of Bitcoin, it's something that needs endurance and perseverance for you to get a bigger and better profit from what ever amount you must have invested. So my own point of view is the ability to hold for long term results. That doesn't mean you can't make profits in a short term, but the profitability will be minimal

Talking about making profit in a short term, for me I do not see it as an investment because short term is same thing as trading because is either you are investing for long term or you are trading and anyone who says he is investing for short term is deceiving himself because what he is doing is trading. Bitcoin is not all roses it is something one need to work hard for and sometimes I do not blame newbies that end up selling at loss or when they are not suppose to... reason because most of them are been deceived by some people who called themselves investor  but then again it is very wrong for a newbie to get information from a particular source at least they are suppose to seek information from different people (investors) and then compare and contrast so that they don't twist or misunderstood things.

[Mahanton]

You can aswell get those proper knowledge when you have already started buying bitcoin because i believe you will know more when you are into proper with your little knowledge at first, bitcoin investment is not too hard to know as people may think first thing is to get started when your Discretionary income is ready to avoid procastinating while trying to gain proper knowledge.

It's not too hard, yet people may be inclined to drop their bags even if they see even a bit of red.

To avoid this, knowledge should be built up beforehand.

The flexibility of the idea and concept of the DCA strategy of accumulating Bitcoin is more reasonable enough for anyone to be accumulating Bitcoin at the time building up knowledge gain from the market experience, it is better to be low coiner than to be a no coiner, what is being prioritize prior to getting started is the basic while you learn more about the environment along the line, it is retarding for anyone to think that they needed build up knowledge before getting started because you can never be satisfied, Bitcoin is growing asset that lot's of new things or innovations can be keep happening in the environment. It is best to get the fucking started and figure out other things in the process, you can not maximize the knowledge you seek by just sitting around the corner but getting started will increase your quest and curiosity for more knowledge.

Totally depends on what kind of bag you do have on which it will really be neither having that for short term and for long term but actually it wont matter because even if you do put it for long term bag or short term bag then you can still be able to make money with it at the time or moment that the price will really be having that recovery. The thing on here is that on how you would really be able to make out those decisions whether you would really be selling or buying then it will really be that up  to you on how you would really be able to make out such entry but the pretty much sure that the lower you would really be able to enter then the higher profits that you would really be able to make profits whenever the market do make out such recovery but of course we dont really know on how low would be the market will really be able to get that low. We do know that this market wont really be having that accurate ways or path to take on which it will really be that pumping or dumping or making up some consolidation period on which it will really be that hard  for you to determine on where it would really be doing. Buy or Sell? It is really that very easy to tell but on the moment that it will really be making out such movement then there would really be that hesitance on which you would really be that trying to think whether its the right time to buy or sell since you will be that trying out to maximize at finding out that bottom or peak on which this is a common approach and this is why we do missed out several opportunities to make money or profits.

[Sim_card]

You can aswell get those proper knowledge when you have already started buying bitcoin because i believe you will know more when you are into proper with your little knowledge at first, bitcoin investment is not too hard to know as people may think first thing is to get started when your Discretionary income is ready to avoid procastinating while trying to gain proper knowledge.

It's not too hard, yet people may be inclined to drop their bags even if they see even a bit of red.

To avoid this, knowledge should be built up beforehand.

The flexibility of the idea and concept of the DCA strategy of accumulating Bitcoin is more reasonable enough for anyone to be accumulating Bitcoin at the time building up knowledge gain from the market experience, it is better to be low coiner than to be a no coiner, what is being prioritize prior to getting started is the basic while you learn more about the environment along the line, it is retarding for anyone to think that they needed build up knowledge before getting started because you can never be satisfied, Bitcoin is growing asset that lot's of new things or innovations can be keep happening in the environment. It is best to get the fucking started and figure out other things in the process, you can not maximize the knowledge you seek by just sitting around the corner but getting started will increase your quest and curiosity for more knowledge.

Totally depends on what kind of bag you do have on which it will really be neither having that for short term and for long term but actually it wont matter because even if you do put it for long term bag or short term bag then you can still be able to make money with it at the time or moment that the price will really be having that recovery. The thing on here is that on how you would really be able to make out those decisions whether you would really be selling or buying then it will really be that up  to you on how you would really be able to make out such entry but the pretty much sure that the lower you would really be able to enter then the higher profits that you would really be able to make profits whenever the market do make out such recovery but of course we dont really know on how low would be the market will really be able to get that low. We do know that this market wont really be having that accurate ways or path to take on which it will really be that pumping or dumping or making up some consolidation period on which it will really be that hard  for you to determine on where it would really be doing. Buy or Sell? It is really that very easy to tell but on the moment that it will really be making out such movement then there would really be that hesitance on which you would really be that trying to think whether its the right time to buy or sell since you will be that trying out to maximize at finding out that bottom or peak on which this is a common approach and this is why we do missed out several opportunities to make money or profits.

Because it's impossible to predict the price of bitcoin makes it more risky and useless for me to see trading as a means to make profit. This is because trading is 50-50 and you losing your bitcoin is as stake because you feel that you can outsmart the market. So why would anyone that loves to invest for a better life in future choose to trade.

Profits isn't everything when we are talking about bitcoin, because some people the moment they hear bitcoin or buy bitcoin, they start thinking about profit which is a wrong orientation. Bitcoin is a store of value and if you are buying bitcoin, focus on long-term and have a bitcoin target that you will focus on accumulating, so that it can make you more focus and keep your bitcoin accumulation ongoing with your regular weekly DCA for 4-10 years and above, with consistent and persistent.

[Tonimez]

You can aswell get those proper knowledge when you have already started buying bitcoin because i believe you will know more when you are into proper with your little knowledge at first, bitcoin investment is not too hard to know as people may think first thing is to get started when your Discretionary income is ready to avoid procastinating while trying to gain proper knowledge.

It's not too hard, yet people may be inclined to drop their bags even if they see even a bit of red.

To avoid this, knowledge should be built up beforehand.

The flexibility of the idea and concept of the DCA strategy of accumulating Bitcoin is more reasonable enough for anyone to be accumulating Bitcoin at the time building up knowledge gain from the market experience, it is better to be low coiner than to be a no coiner, what is being prioritize prior to getting started is the basic while you learn more about the environment along the line, it is retarding for anyone to think that they needed build up knowledge before getting started because you can never be satisfied, Bitcoin is growing asset that lot's of new things or innovations can be keep happening in the environment. It is best to get the fucking started and figure out other things in the process, you can not maximize the knowledge you seek by just sitting around the corner but getting started will increase your quest and curiosity for more knowledge.

Totally depends on what kind of bag you do have on which it will really be neither having that for short term and for long term but actually it wont matter because even if you do put it for long term bag or short term bag then you can still be able to make money with it at the time or moment that the price will really be having that recovery. The thing on here is that on how you would really be able to make out those decisions whether you would really be selling or buying then it will really be that up  to you on how you would really be able to make out such entry but the pretty much sure that the lower you would really be able to enter then the higher profits that you would really be able to make profits whenever the market do make out such recovery but of course we dont really know on how low would be the market will really be able to get that low. We do know that this market wont really be having that accurate ways or path to take on which it will really be that pumping or dumping or making up some consolidation period on which it will really be that hard  for you to determine on where it would really be doing. Buy or Sell? It is really that very easy to tell but on the moment that it will really be making out such movement then there would really be that hesitance on which you would really be that trying to think whether its the right time to buy or sell since you will be that trying out to maximize at finding out that bottom or peak on which this is a common approach and this is why we do missed out several opportunities to make money or profits.

Because it's impossible to predict the price of bitcoin makes it more risky and useless for me to see trading as a means to make profit. This is because trading is 50-50 and you losing your bitcoin is as stake because you feel that you can outsmart the market. So why would anyone that loves to invest for a better life in future choose to trade.

Profits isn't everything when we are talking about bitcoin, because some people the moment they hear bitcoin or buy bitcoin, they start thinking about profit which is a wrong orientation. Bitcoin is a store of value and if you are buying bitcoin, focus on long-term and have a bitcoin target that you will focus on accumulating, so that it can make you more focus and keep your bitcoin accumulation ongoing with your regular weekly DCA for 4-10 years and above, with consistent and persistent.

The stress of studying the market and reading charts is one aspect of bitcoin investment that I still feel is purely careless risk that has very high potential of loosing every asset and this is what they refer to as trading, haha. Why not save some stress, but by DCA and allow your asset to grow with time. Investing with a spare fund often referred to as discretionary income is best and stress-free.

Trading can make you quit bitcoin investment completely and shouldn't even be tested at the first instance. Buying to hodl remains my best bet even though no one can impose his opinion on anyone else.

[JayJuanGee]

You can aswell get those proper knowledge when you have already started buying bitcoin because i believe you will know more when you are into proper with your little knowledge at first, bitcoin investment is not too hard to know as people may think first thing is to get started when your Discretionary income is ready to avoid procastinating while trying to gain proper knowledge.

It's not too hard, yet people may be inclined to drop their bags even if they see even a bit of red.

To avoid this, knowledge should be built up beforehand.

Bitcoin is somehow easy to understand and people should not create any bad decision that can make their investment tough since if they have funds to spend for this investment for sure they can make everything smooth if they are willing to accumulate at whatever Bitcoin price reached.

Are you saying that people shouldn't consider having Bitcoin knowledge before they invest since everything about Bitcoin investment looks simple to you, it that's what you mean I will not agree with you, Bitcoin investment is not some kind of buying and selling where you can just wake up and go to the market with your money and resell the next day to make profit, people should at least know what Bitcoin is all about, what it means to invest in Bitcoin and how to protect their funds after investing in Bitcoin so that they will not invest their money and lose everything to the hands of scammers or hackers the next day. For everything that involves money proper inquiries and research should be made before investing it doesn't take away the profit that you will get after getting knowledge.

If you decide to invest in Bitcoin before getting knowledge there's no problem but I hope you don't forget to do so because most people who see Bitcoin as a scam today are Major those who were deceived into investing in shitcoins that vanished after they invested their money. Your knowledge of something will help you to get proper understanding of what ever you put your money into.

I agree with the user that Bitcoin is somehow easy to understand, you don't need to read too much about Bitcoin before you begin to invest, it is just a normal buy and hold knowledge, where and how to secure your investment, nothing much to know before starting up, Bitcoin investment is simple, most of us here who started our journey here were not knowledgeable as of today but because we started with the little knowledge we had on a buy and hold unbiased mindset, urged to learn more we are now able to fully control our portfolio at ease and safe, a beginner needs the knowledge not much of it, it is fairly needed not compulsory.

The reason that many of us bitcoin focused investors suggest to get started investing into bitcoin right away is because bitcoin is a good investment  in which a person needs to get started and needs to take responsibility in regards to how much to put in and how to put the money into the investment.  Each person should attempt to adjust his position size in accordance with his comfort level, yet he should still get started sooner rather than later.

I doubt that bitcoin is necessarily easy for people to understand.  it can take quite a while to really start to feel comfortable with bitcoin, and there still might be a lot of aspects that many of us do not really understand about bitcoin.

We do not need to know the intricacies of bitcoin to get started,  yet it likely makes sense that we should be trying to learn about bitcoin as we go, and surely some people are more busy than  others in terms of other kinds of things in which they have to spend their time and their mental energies.. yet it would likely be a good idea for anyone who is investing into bitcoin to be attempting to learn about bitcoin as they go...even though many folks should be able to get started investing into bitcoin with mere rudimentary understandings about bitcoin, including understanding  whether or not they have a discretionary income in which they are able to begin investing into bitcoin.

I just have difficulties suggesting that there is any particular prerequisite understandings that anyone has to have about bitcoin, yet at the same time, I would not necessarily proclaim bitcoin to be simple to understand, even though there could be some aspects of bitcoin that could be presented in understandable ways, including that it is the most sound of monies, yet how it achieves that most soundness of monies status, can take a bit more time to understand.. and I would not consider to be necessary prior to getting started investing into bitcoin, yet it may well be a good thing to be trying to learn while investing into bitcoin..and with the more value that is put into bitcoin, then perhaps there should be even greater understanding in regards to how bitcoin purports to achieve (and likely achieves) its most sound money status... which surely much of the population does not either understand or agree with such proposition, which is demonstrated by their failure/refusal to actually own any bitcoin or even to barely own any, such as being in a low coiner status and not actively accumulating bitcoin in a purposeful manner.

People who see Bitcoin as a scam are those who don't want to learn, they refuse to adopt advanced digital knowledge and with a pathetic undeveloped mindset accuse Bitcoin of what it's not. Shitcoiners fall into the same category, knowledge is passed every day, and anyone failing to roll themselves inside is evenly downgrading their resources because it keeps downgrading when put into the wrong investment.

Surely there are a lot of folks who are misguided about bitcoin and even failing to recognize the difference between bitcoin and shitcoins, yet I am not sure if they necessarily fall into the neat categories that you outlined for us above.

[Derekfunds]

You can aswell get those proper knowledge when you have already started buying bitcoin because i believe you will know more when you are into proper with your little knowledge at first, bitcoin investment is not too hard to know as people may think first thing is to get started when your Discretionary income is ready to avoid procastinating while trying to gain proper knowledge.

It's not too hard, yet people may be inclined to drop their bags even if they see even a bit of red.

To avoid this, knowledge should be built up beforehand.

The flexibility of the idea and concept of the DCA strategy of accumulating Bitcoin is more reasonable enough for anyone to be accumulating Bitcoin at the time building up knowledge gain from the market experience, it is better to be low coiner than to be a no coiner, what is being prioritize prior to getting started is the basic while you learn more about the environment along the line, it is retarding for anyone to think that they needed build up knowledge before getting started because you can never be satisfied, Bitcoin is growing asset that lot's of new things or innovations can be keep happening in the environment. It is best to get the fucking started and figure out other things in the process, you can not maximize the knowledge you seek by just sitting around the corner but getting started will increase your quest and curiosity for more knowledge.

Totally depends on what kind of bag you do have on which it will really be neither having that for short term and for long term but actually it wont matter because even if you do put it for long term bag or short term bag then you can still be able to make money with it at the time or moment that the price will really be having that recovery. The thing on here is that on how you would really be able to make out those decisions whether you would really be selling or buying then it will really be that up  to you on how you would really be able to make out such entry but the pretty much sure that the lower you would really be able to enter then the higher profits that you would really be able to make profits whenever the market do make out such recovery but of course we dont really know on how low would be the market will really be able to get that low. We do know that this market wont really be having that accurate ways or path to take on which it will really be that pumping or dumping or making up some consolidation period on which it will really be that hard  for you to determine on where it would really be doing. Buy or Sell? It is really that very easy to tell but on the moment that it will really be making out such movement then there would really be that hesitance on which you would really be that trying to think whether its the right time to buy or sell since you will be that trying out to maximize at finding out that bottom or peak on which this is a common approach and this is why we do missed out several opportunities to make money or profits.

Because it's impossible to predict the price of bitcoin makes it more risky and useless for me to see trading as a means to make profit. This is because trading is 50-50 and you losing your bitcoin is as stake because you feel that you can outsmart the market. So why would anyone that loves to invest for a better life in future choose to trade.

Profits isn't everything when we are talking about bitcoin, because some people the moment they hear bitcoin or buy bitcoin, they start thinking about profit which is a wrong orientation. Bitcoin is a store of value and if you are buying bitcoin, focus on long-term and have a bitcoin target that you will focus on accumulating, so that it can make you more focus and keep your bitcoin accumulation ongoing with your regular weekly DCA for 4-10 years and above, with consistent and persistent.

The stress of studying the market and reading charts is one aspect of bitcoin investment that I still feel is purely careless risk that has very high potential of loosing every asset and this is what they refer to as trading, haha. Why not save some stress, but by DCA and allow your asset to grow with time. Investing with a spare fund often referred to as discretionary income is best and stress-free.

Trading can make you quit bitcoin investment completely and shouldn't even be tested at the first instance. Buying to hodl remains my best bet even though no one can impose his opinion on anyone else.

Well even though I don't support trading or I don't do it, it will be wrong for me to use bad words on them but what I know is that those who don't have enough money to continue whenever they incur loss are wasting there time, energy, and the little resources they have. However, I believe to some point everyone knows what is right to do and what is wrong to do. Life itself is hard so why making it so hard by going into something that you are not sure of the outcome and I pity some traders who don't know what can possibly happen if they became an addict, they will be selling properties and some other things just to get what to use and trade and it can make one run mad because when trading, emotion is involve.

[Taskford]

Because it's impossible to predict the price of bitcoin makes it more risky and useless for me to see trading as a means to make profit. This is because trading is 50-50 and you losing your bitcoin is as stake because you feel that you can outsmart the market. So why would anyone that loves to invest for a better life in future choose to trade.

Profits isn't everything when we are talking about bitcoin, because some people the moment they hear bitcoin or buy bitcoin, they start thinking about profit which is a wrong orientation. Bitcoin is a store of value and if you are buying bitcoin, focus on long-term and have a bitcoin target that you will focus on accumulating, so that it can make you more focus and keep your bitcoin accumulation ongoing with your regular weekly DCA for 4-10 years and above, with consistent and persistent.

The stress of studying the market and reading charts is one aspect of bitcoin investment that I still feel is purely careless risk that has very high potential of loosing every asset and this is what they refer to as trading, haha. Why not save some stress, but by DCA and allow your asset to grow with time. Investing with a spare fund often referred to as discretionary income is best and stress-free.

Trading can make you quit bitcoin investment completely and shouldn't even be tested at the first instance. Buying to hodl remains my best bet even though no one can impose his opinion on anyone else.

Well even though I don't support trading or I don't do it, it will be wrong for me to use bad words on them but what I know is that those who don't have enough money to continue whenever they incur loss are wasting there time, energy, and the little resources they have. However, I believe to some point everyone knows what is right to do and what is wrong to do. Life itself is hard so why making it so hard by going into something that you are not sure of the outcome and I pity some traders who don't know what can possibly happen if they became an addict, they will be selling properties and some other things just to get what to use and trade and it can make one run mad because when trading, emotion is involve.

We don't need to use bad words for them since simple reminders that what they do is risky is I think enough for them to realize that what they are doing is actually risky.

If you use negative words that people can't digest for sure they won't understand your point and it might end up both of you fighting also defending those information what both of you believe is right.

Good discussion could open up something that caught up the interest of people on trading and for sure they would get your point if you explain well together with showing your portfolio to them that you are doing good on your long term investment with Bitcoin.

[reefsea]

It's not too hard, yet people may be inclined to drop their bags even if they see even a bit of red.

To avoid this, knowledge should be built up beforehand.

Very bad thinking or a weak mentality that should not burden their decision to sell quickly. The decline often occurs, it does not indicate that we have passed the increase or have reached a high price because I believe that BTC can reach a higher ATH so what needs to be emphasized is patience in holding.

If the price does go down we can buy back, DCA works very well to take advantage of the decline and besides that, accumulation that has not reached the satisfaction stage, then accumulating more bitcoins can be done when the market is correcting. To achieve great profits by being patient and making decisions to let go of the bag is not a good choice.

[Agbamoni]

Totally depends on what kind of bag you do have on which it will really be neither having that for short term and for long term but actually it wont matter because even if you do put it for long term bag or short term bag then you can still be able to make money with it at the time or moment that the price will really be having that recovery. The thing on here is that on how you would really be able to make out those decisions whether you would really be selling or buying then it will really be that up  to you on how you would really be able to make out such entry but the pretty much sure that the lower you would really be able to enter then the higher profits that you would really be able to make profits whenever the market do make out such recovery but of course we dont really know on how low would be the market will really be able to get that low. We do know that this market wont really be having that accurate ways or path to take on which it will really be that pumping or dumping or making up some consolidation period on which it will really be that hard  for you to determine on where it would really be doing. Buy or Sell? It is really that very easy to tell but on the moment that it will really be making out such movement then there would really be that hesitance on which you would really be that trying to think whether its the right time to buy or sell since you will be that trying out to maximize at finding out that bottom or peak on which this is a common approach and this is why we do missed out several opportunities to make money or profits.

I really dont understand everything you have said here because it is a bit confusing. When you mean by buying or selling it simply show the act of trading not investment. To me if you are thinking of when o buy and when yo sell to buy more you are literally trying to figure out the best time to do all it in other to maximize profits. Yes that is trading, and that's where most people get stuck in the web, waiting for the perfect time to enter the market. If you want to really be investing you have to forfeit the idea of figuring when to buy and when to sell. Take every opportunity as a good time to accumulate, dont sell for shorts, keep your accumulation going for a long er period that is when you will enjoy the benefit of investing in Bitcoin more.

[Joy- maker]

You can aswell get those proper knowledge when you have already started buying bitcoin because i believe you will know more when you are into proper with your little knowledge at first, bitcoin investment is not too hard to know as people may think first thing is to get started when your Discretionary income is ready to avoid procastinating while trying to gain proper knowledge.

It's not too hard, yet people may be inclined to drop their bags even if they see even a bit of red.

To avoid this, knowledge should be built up beforehand.

The flexibility of the idea and concept of the DCA strategy of accumulating Bitcoin is more reasonable enough for anyone to be accumulating Bitcoin at the time building up knowledge gain from the market experience, it is better to be low coiner than to be a no coiner, what is being prioritize prior to getting started is the basic while you learn more about the environment along the line, it is retarding for anyone to think that they needed build up knowledge before getting started because you can never be satisfied, Bitcoin is growing asset that lot's of new things or innovations can be keep happening in the environment. It is best to get the fucking started and figure out other things in the process, you can not maximize the knowledge you seek by just sitting around the corner but getting started will increase your quest and curiosity for more knowledge.

Totally depends on what kind of bag you do have on which it will really be neither having that for short term and for long term but actually it wont matter because even if you do put it for long term bag or short term bag then you can still be able to make money with it at the time or moment that the price will really be having that recovery. The thing on here is that on how you would really be able to make out those decisions whether you would really be selling or buying then it will really be that up  to you on how you would really be able to make out such entry but the pretty much sure that the lower you would really be able to enter then the higher profits that you would really be able to make profits whenever the market do make out such recovery but of course we dont really know on how low would be the market will really be able to get that low. We do know that this market wont really be having that accurate ways or path to take on which it will really be that pumping or dumping or making up some consolidation period on which it will really be that hard  for you to determine on where it would really be doing. Buy or Sell? It is really that very easy to tell but on the moment that it will really be making out such movement then there would really be that hesitance on which you would really be that trying to think whether its the right time to buy or sell since you will be that trying out to maximize at finding out that bottom or peak on which this is a common approach and this is why we do missed out several opportunities to make money or profits.

Because it's impossible to predict the price of bitcoin makes it more risky and useless for me to see trading as a means to make profit. This is because trading is 50-50 and you losing your bitcoin is as stake because you feel that you can outsmart the market. So why would anyone that loves to invest for a better life in future choose to trade.

Profits isn't everything when we are talking about bitcoin, because some people the moment they hear bitcoin or buy bitcoin, they start thinking about profit which is a wrong orientation. Bitcoin is a store of value and if you are buying bitcoin, focus on long-term and have a bitcoin target that you will focus on accumulating, so that it can make you more focus and keep your bitcoin accumulation ongoing with your regular weekly DCA for 4-10 years and above, with consistent and persistent.

The stress of studying the market and reading charts is one aspect of bitcoin investment that I still feel is purely careless risk that has very high potential of loosing every asset and this is what they refer to as trading, haha. Why not save some stress, but by DCA and allow your asset to grow with time. Investing with a spare fund often referred to as discretionary income is best and stress-free.

Trading can make you quit bitcoin investment completely and shouldn't even be tested at the first instance. Buying to hodl remains my best bet even though no one can impose his opinion on anyone else.

Well even though I don't support trading or I don't do it, it will be wrong for me to use bad words on them but what I know is that those who don't have enough money to continue whenever they incur loss are wasting there time, energy, and the little resources they have. However, I believe to some point everyone knows what is right to do and what is wrong to do. Life itself is hard so why making it so hard by going into something that you are not sure of the outcome and I pity some traders who don't know what can possibly happen if they became an addict, they will be selling properties and some other things just to get what to use and trade and it can make one run mad because when trading, emotion is involve.

it is very wrong to use bad words on those who are trading, why not advice them instead for them to know that bitcoin is more profitable and  less risky when they accumulate and hold  it for long of time, condemning those who are traders or using bad words on them may make them not to realize that bitcoin holding we make them not to be at lost, and they we be in full control over their emotions.

Don't only preach to them how bitcoin can be more profitable and less risky when investing than trading, Also let them know that back up funds and emergency funds are very essential in bitcoin investment in other for them to able to build a solid investment portfolio for long term, enlighten them very well that they should invest with their discretionary income that they don't need for long term, using the DCA method after they must have settled all their needs and expenses, for that's what good investor does.

[Stormisover]

Because it's impossible to predict the price of bitcoin makes it more risky and useless for me to see trading as a means to make profit. This is because trading is 50-50 and you losing your bitcoin is as stake because you feel that you can outsmart the market. So why would anyone that loves to invest for a better life in future choose to trade.

Profits isn't everything when we are talking about bitcoin, because some people the moment they hear bitcoin or buy bitcoin, they start thinking about profit which is a wrong orientation. Bitcoin is a store of value and if you are buying bitcoin, focus on long-term and have a bitcoin target that you will focus on accumulating, so that it can make you more focus and keep your bitcoin accumulation ongoing with your regular weekly DCA for 4-10 years and above, with consistent and persistent.

The stress of studying the market and reading charts is one aspect of bitcoin investment that I still feel is purely careless risk that has very high potential of loosing every asset and this is what they refer to as trading, haha. Why not save some stress, but by DCA and allow your asset to grow with time. Investing with a spare fund often referred to as discretionary income is best and stress-free.

Trading can make you quit bitcoin investment completely and shouldn't even be tested at the first instance. Buying to hodl remains my best bet even though no one can impose his opinion on anyone else.

Well even though I don't support trading or I don't do it, it will be wrong for me to use bad words on them but what I know is that those who don't have enough money to continue whenever they incur loss are wasting there time, energy, and the little resources they have. However, I believe to some point everyone knows what is right to do and what is wrong to do. Life itself is hard so why making it so hard by going into something that you are not sure of the outcome and I pity some traders who don't know what can possibly happen if they became an addict, they will be selling properties and some other things just to get what to use and trade and it can make one run mad because when trading, emotion is involve.

We don't need to use bad words for them since simple reminders that what they do is risky is I think enough for them to realize that what they are doing is actually risky.

If you use negative words that people can't digest for sure they won't understand your point and it might end up both of you fighting also defending those information what both of you believe is right.

Good discussion could open up something that caught up the interest of people on trading and for sure they would get your point if you explain well together with showing your portfolio to them that you are doing good on your long term investment with Bitcoin.

It seems to me that you are wrong here and I don't agree with you at this point, you don't have to explain much to them neither do you have to show to them your bitcoin portfolio that you are doing well to prove a point,  everyone is entitled to their opinion and choices, you don't have to force yours on them maybe they can learn their lessons the hard way. Investment is for those that can be patient enough to allow their investment to grow over time, their are those who can not have this patient that is being talked about no matter what you do to convince them unless they decide to change by themselves.

[JayJuanGee]

It's not too hard, yet people may be inclined to drop their bags even if they see even a bit of red.

To avoid this, knowledge should be built up beforehand.

Very bad thinking or a weak mentality that should not burden their decision to sell quickly. The decline often occurs, it does not indicate that we have passed the increase or have reached a high price because I believe that BTC can reach a higher ATH so what needs to be emphasized is patience in holding.

If the price does go down we can buy back,

Why would we be "buying back?"  Why would we have had sold in the first place? 

Since you, reefsea, have been registered on the forum for more than 10 years, then maybe you have accumulated enough or more than enough bitcoin, yet there are a lot of forum members who are in their first cycle, including betswift has ONLY been registered on the forum for about a year, so how the fuck would he be in a position to be selling bitcoin prior to getting through at least a whole cycle?

Even though this thread includes the topic of comparing buying to selling, those guys who sold a lot of their coins in the $50ks and $60ks, when this thread first activated, they are probably not doing very good right now, unless they bought  back (hopefully without screwing up their progress in BTC accumulation).

DCA works very well to take advantage of the decline and besides that, accumulation that has not reached the satisfaction stage, then accumulating more bitcoins can be done when the market is correcting. To achieve great profits by being patient and making decisions to let go of the bag is not a good choice.

I think that we might be on the same page that it is likely better to keep on accumulating bitcoin before fucking around with selling bitcoin with expectations of buying back cheaper, which surely might not happen.  Bitcoin is not the same as shitcoins, so in that regard, even though there are not guarantees that we are going to be profitable, it is likely better to keep accumulating bitcoin even when prices are quite volatile rather than trying to figure out whether we are in a dip or in a run or if we might want to attempt to adjust our BTC accumulation based on if we believe that the price is pumping or dumping.

Don't get me wrong, sure there are some newbies who will continue to accumulate BTC through a DCA style, while at the same time, holding back some money to be able to buy more BTC during dip periods, and I have no problem with that, so long as they understand the trade offs in regards to the possibility that the BTC price might not dip and also that their holding back value might well contribute to them failing/refusing to adequately and sufficiently buy bitcoin through their regular DCA amounts... but yeah, in the end, each guy is responsible for himself in terms of figuring out what levels of balances to make in terms of ongoing accumulation and how early they might be in their bitcoin accumulation journey  that might also relate to how much discretionary income they have available to be able to both regularly buy and to hold some of that value back for buying on dips, if such dips end up happening.

Because it's impossible to predict the price of bitcoin makes it more risky and useless for me to see trading as a means to make profit. This is because trading is 50-50 and you losing your bitcoin is as stake because you feel that you can outsmart the market. So why would anyone that loves to invest for a better life in future choose to trade.

Profits isn't everything when we are talking about bitcoin, because some people the moment they hear bitcoin or buy bitcoin, they start thinking about profit which is a wrong orientation. Bitcoin is a store of value and if you are buying bitcoin, focus on long-term and have a bitcoin target that you will focus on accumulating, so that it can make you more focus and keep your bitcoin accumulation ongoing with your regular weekly DCA for 4-10 years and above, with consistent and persistent.

The stress of studying the market and reading charts is one aspect of bitcoin investment that I still feel is purely careless risk that has very high potential of loosing every asset and this is what they refer to as trading, haha. Why not save some stress, but by DCA and allow your asset to grow with time. Investing with a spare fund often referred to as discretionary income is best and stress-free.

Trading can make you quit bitcoin investment completely and shouldn't even be tested at the first instance. Buying to hodl remains my best bet even though no one can impose his opinion on anyone else.

Well even though I don't support trading or I don't do it, it will be wrong for me to use bad words on them but what I know is that those who don't have enough money to continue whenever they incur loss are wasting there time, energy, and the little resources they have. However, I believe to some point everyone knows what is right to do and what is wrong to do. Life itself is hard so why making it so hard by going into something that you are not sure of the outcome and I pity some traders who don't know what can possibly happen if they became an addict, they will be selling properties and some other things just to get what to use and trade and it can make one run mad because when trading, emotion is involve.

We don't need to use bad words for them since simple reminders that what they do is risky is I think enough for them to realize that what they are doing is actually risky.

If you use negative words that people can't digest for sure they won't understand your point and it might end up both of you fighting also defending those information what both of you believe is right.

Good discussion could open up something that caught up the interest of people on trading and for sure they would get your point if you explain well together with showing your portfolio to them that you are doing good on your long term investment with Bitcoin.

It seems to me that you are wrong here and I don't agree with you at this point, you don't have to explain much to them neither do you have to show to them your bitcoin portfolio that you are doing well to prove a point,  everyone is entitled to their opinion and choices, you don't have to force yours on them maybe they can learn their lessons the hard way. Investment is for those that can be patient enough to allow their investment to grow over time, their are those who can not have this patient that is being talked about no matter what you do to convince them unless they decide to change by themselves.

Yep.  We can spend time providing information to newbies, yet we can ONLY do so much in order to motivate them to do their own research and their own due diligence and for them to act in terms of figuring out how to buy some bitcoin and to start to buy it.

Sure, if someone is curious and they are asking a lot of questions, then maybe we might not mind helping them out more, yet there is also ONLY so much that we are going to be able to do, since they are also going to need to take proactive actions themselves, too... There are ONLY so many hours in the day that we are going to be able to help people, unless maybe we turn that into one of the activities that we are willing to do... yet even if we do a lot of hand-holding, there still are going to be action requirements from any one we are trying to teach and/or help.

[Pi-network314159]

The reason that many of us bitcoin focused investors suggest to get started investing into bitcoin right away is because bitcoin is a good investment  in which a person needs to get started and needs to take responsibility in regards to how much to put in and how to put the money into the investment. 

the reason that many focused investors start investing right away is not only because bitcoin is a good asset, but because they see it as the only asset with high profit in the long run considering its longevity starting from 2009-2025 from $0.001- $109k. so in describing a good asset like bitcoin, there should be a criteria to quantify such an asset with great store of value for long term investment and the reason why it should be addressed as such.

and even though bitcoin is a good asset and need to start right away, some people came with a wrong information thinking bitcoin is a get rich quick scheme but they got disappointed down the road because they where not for real. they only came to take advantage of bitcoin but later discovered bitcoin is not what they thought it was. some picked courage and continue while others left because of inpatient. so each of us knows what make us to stick to bitcoin. either we got the information wrongly and took advantage or got the information right and later still back off. sure there will always be two set of people.

I doubt that bitcoin is necessarily easy for people to understand.  it can take quite a while to really start to feel comfortable with bitcoin, and there still might be a lot of aspects that many of us do not really understand about bitcoin.

bitcoin is necessarily easy to understand depending on the person in question and how he understand it and how serious they become immediately the information is given. sometimes people will want to understand every part of bitcoin before investing and it will lead to procrastination, while some people will start immediately without hesitation and increase over time. this forum is a case study of this kind of scenario where many people are registered the same year but only few will stick here to learn and improve there skill and knowledge and start investment. our level of speed is determined by how serious and effective we tend to be when information is given to us. if eventually lazy people are given opportunity they procrastinate it, but when another took it seriously and utilized it, and achieve success then the lazy ones will proclaim that the information didn't came at he right time.