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Kelward
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May 22, 2024, 11:24:47 AM
 #201

I first heard about Bitcoin around 2016 but then I had no idea what Bitcoin was. Someone online was saying to work on it because I don't know anything about it. Then I heard about Bitcoin again in 2022 when the price of Bitcoin was 21000 dollars. I did a little research on Bitcoin and saw that it was good. From whom I heard, I said to a brother, brother, let's invest. Buy a bitcoin and keep it.Fifty percent and I invested fifty percent but that brother did not agree then. Day by day the price of Bitcoin was increasing and the price was going up and down around 25, 30, 31 thousand dollars. Still I told my brother to invest but he did not agree. That price eventually reached 74 thousand dollars. I regretted very much why I didn't take a risk. If you want to do something, you have to take a risk, nothing happens without a risk.
You said that you invested 50% of what Bitcoin price was in 2022, then again you said that you regretted that you didn't invest, it seems contradictory to me, you perhaps sold before 2024, and you're regretting why you did.

I think that it's not wise to force or put too much pressure on people to invest in Bitcoin, you can tell them the benefits and let them decide what to do, because it's their money and Bitcoin is not the only investment option. You must've gained knowledge by now to understand that you don't need to have joint Bitcoin investment with anybody, you can start with a small amount of money by yourself, buy in Satoshi, and do DCA method to grow the amount. Bitcoin investment is a win for everybody that is prepared to hodl for long term.

R


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albon
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May 22, 2024, 12:20:05 PM
 #202

Investing in bitcoin can be good idea and using strategy which you mentioned Dollar Cost Averaging (DCA) can help reduce risk. It is good only to invest what you can afford to lose. While we should keep in mind that there is always some risk potential rewards are big making it good investment. And if you hold longer your investment less risky it will be. When market dump it is good chance to buy bitcoin at better price. And this will help you make most of your investment and achieve long term financial success.
All investments and financial markets involve risks to some extent. In general, Bitcoin and the cryptocurrency market may be at higher risk due to its high volatility and the prevalence of scam operations. However, it is also potentially more profitable than others. By following specific strategies, understanding market trends, using the necessary analytical tools, and developing long-term plans, as well as understanding and studying risks to reduce panic during short-term fluctuations, financial management of capital, and providing an additional source of income to increase our holding of Bitcoin regularly without depleting them one day, this of course make us enter with a bold heart and take risks, provide us with a lower-risk investment and enable us to face all challenges.

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May 22, 2024, 02:24:25 PM
 #203


You are right, there is truth in your words. I want to add that every novice trader believes that there is some kind of secret tactic for trading Bitcoin, but in fact there are only three trading styles:
waiting for the price of the cryptocurrency to fall,
waiting for the growth of the cryptocurrency,
trading in the price corridor.

And each of these strategies goes against the others.
And the worst thing is to start trading on one, and then switch to another. But often many do.

I also want to add the fact that we always take risks for the sake of earning by sending our cryptocurrency deposits to exchanges. This is also a kind of gambling, where there is both risk and a desire to earn. Centralized exchanges offer excellent conditions for earning money, such as Copying transactions of well-known traders, and Staking.
And centralized exchanges always can close with our money at any time or block the account for checks.

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May 22, 2024, 03:02:22 PM
 #204

I guess its better if you make your own money, seems those money came from your brother of course he will use his hard-earned money to other things he needs, you keep pushing and now regrets to make an investment in bitcoin, if those number of days you seek another source of income so you don't need to beg to invest instead you will make a risk at your own. Also, base on your statement you have 50% to invest with and if you held those until now seems you already gained profit. Like other people who doubt the use of the bitcoin they are now regrets upon checking the price of the BTC today.

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May 22, 2024, 03:22:21 PM
 #205


You are right, there is truth in your words. I want to add that every novice trader believes that there is some kind of secret tactic for trading Bitcoin, but in fact there are only three trading styles:
waiting for the price of the cryptocurrency to fall,
waiting for the growth of the cryptocurrency,
trading in the price corridor.

And each of these strategies goes against the others.
And the worst thing is to start trading on one, and then switch to another. But often many do.

I also want to add the fact that we always take risks for the sake of earning by sending our cryptocurrency deposits to exchanges. This is also a kind of gambling, where there is both risk and a desire to earn. Centralized exchanges offer excellent conditions for earning money, such as Copying transactions of well-known traders, and Staking.
And centralized exchanges always can close with our money at any time or block the account for checks.
risk is the key of success. to get profit, you have to take risk. All investments are risky. But gambling is more risky. You can increase your return on investment by making different types of forecasts and through different types of analysis. But if you gamble you won't gain much by making predictions as it depends on your luck how much you win. So gambling should always be avoided as an investment.  Cryptos are less likely to give higher returns at any given time, so the risk here will be a bit higher. If you want to get something big, you have to take a big risk. It must be accepted by all



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Rainbot
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May 22, 2024, 03:46:46 PM
 #206

we all have some regrets as well but we can't turn back the time. we can however foresee what is coming so just take advantage of what is here right now. buy BTC.

Maybe up to now, some of us still have some doubts and for now there are still calculations that this market is still very speculative, even though we know that now, it's still a matter of delaying.

On the other hand, apart from everyone having experienced it as you said above, in short, we haven't had the opportunity at that time. If we have the opportunity, we definitely won't miss it at all.


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May 22, 2024, 05:21:51 PM
 #207

Actually as Long as money is involved there's a high level of risk there's always a risk in anything that requires us to put our money into Because we don't know what will be the outcome, just imagine those Investor's who Invested in bitcoin as at the early stage when bitcoin has no value without even paying any attention to those risk, and they where patient enough to hold on to it till this time that bitcoin has increased to this extent. I think most of those Investor's are in a better position now, that is one of the advantage of taken risk because had it been they pay attentions to those risk they wouldn't have been able to profit from it.

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May 22, 2024, 05:29:50 PM
 #208

Let's also not forget one thing: having many information is not always useful because they can create a false sense of confidence, you may think you know everything about something when in reality you don't because at the end of the day those are... Information. And markets don't always act in a rational way, we've seen this many times, haven't we?
It's not the abundance of information that's causing someone to be overconfident, I think that it's more have to do with how there's no one to question that person even at times, I mean if there's people out there to humble you or in your circle that would call out your bullshit, you'd probably have a hard time having to be overconfident about how you do things.

OP is one of the many people that's been talked about in this forum, the person that has heard of bitcoin but never bothered checking it out and now they're regretting that they didn't get to it in the first opportunity that was presented to them, it's a really crazy thing, people that have been to that situation are really something, I can only imagine the regret that you're in right now when it comes to this kind of thing, it's probably hurting you so much but no worries, it's already going to be fine as long as you're invested in bitcoin already, what matters now is your patience.
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May 22, 2024, 05:54:54 PM
 #209

risk is the key of success. to get profit, you have to take risk. All investments are risky. But gambling is more risky. You can increase your return on investment by making different types of forecasts and through different types of analysis. But if you gamble you won't gain much by making predictions as it depends on your luck how much you win. So gambling should always be avoided as an investment.  Cryptos are less likely to give higher returns at any given time, so the risk here will be a bit higher.

Of course risk is the key to every success because in everything we venture into there is risk even on our daily businesses the only way to be successful is through investing a certain amount of money into it and the possibility of having a return such as profit is not even certain that's why sometimes people succeed and sometimes they faild and even after failing it shouldn't be a reason for someone to stop striving because so many people who has achieved it today had there ups and downs.

But however in as much as risk is one of the factor that determines success but there some certain risk that are not worth taking such as gambling, so perhaps like you said crypto should be one of the best investment to venture into, though it has it own risk but cannot be compared with some others, so perhaps focusing on investing on Bitcoin could in no doubt be very profitable if the person was able to hold it, so actually Bitcoin is worth taking the risk for because there is a every chance of having a good return at the end.

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May 22, 2024, 05:58:44 PM
 #210

OP is one of the many people that's been talked about in this forum, the person that has heard of bitcoin but never bothered checking it out and now they're regretting that they didn't get to it in the first opportunity that was presented to them, it's a really crazy thing, people that have been to that situation are really something, I can only imagine the regret that you're in right now when it comes to this kind of thing, it's probably hurting you so much but no worries, it's already going to be fine as long as you're invested in bitcoin already, what matters now is your patience.
I don’t really blame the OP much cause according to him, he heard about it but didn't know what it was. That’s ignorance, and it's made a lot of people miss out on opportunities, if only the OP did a research about bitcoin and maybe took the risk of investing in it as he’s advising currently he would've been double or more than he's worth currently. That's why when one come across a financial project the best thing to do is to make research about it, study it properly to know it's benefit instead of just disregarding it like the OP did. Bitcoin gave people many opportunity to invest in it and make much profit but there are people who still doubt the potential of Bitcoin and still see it as a scam, well just like the OP a lot of them, in future would still regret not seizing the opportunity now. Opportunity they say come but once but the volatility of Bitcoin has given people several opportunities to invest it, the price might have gone higher than it was when the OP first figured it out but to people who have Interest of investing in Bitcoin, it's better late than never cause Bitcoin still got great potential to go higher than it's current price.

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Gladitorcomeback
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May 22, 2024, 06:26:41 PM
 #211

I think that it's not wise to force or put too much pressure on people to invest in Bitcoin, you can tell them the benefits and let them decide what to do, because it's their money and Bitcoin is not the only investment option. You must've gained knowledge by now to understand that you don't need to have joint Bitcoin investment with anybody, you can start with a small amount of money by yourself, buy in Satoshi, and do DCA method to grow the amount. Bitcoin investment is a win for everybody that is prepared to hodl for long term.

I don't find it wise as well. You wouldn't want to take the blame for someone losing their money by making investments in cryptocurrencies whether it's Bitcoin or altcoins because they might not do enough research before investing and this can always be dangerous since investments without ample research often have negative consequences for the investors.

Besides, what do we get for forcing someone to invest in Bitcoin or cryptocurrencies? Except if we are referring to a centralized platform using our referral link where we might get a small percentage in commission for whatever money they invest, but I believe it's not worth it because you will be the person they will blame for every dollar lost and you will have a hard time explaining everything to them.

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May 22, 2024, 09:49:27 PM
 #212


You are right, there is truth in your words. I want to add that every novice trader believes that there is some kind of secret tactic for trading Bitcoin, but in fact there are only three trading styles:
waiting for the price of the cryptocurrency to fall,
waiting for the growth of the cryptocurrency,
trading in the price corridor.

And each of these strategies goes against the others.
And the worst thing is to start trading on one, and then switch to another. But often many do.

I also want to add the fact that we always take risks for the sake of earning by sending our cryptocurrency deposits to exchanges. This is also a kind of gambling, where there is both risk and a desire to earn. Centralized exchanges offer excellent conditions for earning money, such as Copying transactions of well-known traders, and Staking.
And centralized exchanges always can close with our money at any time or block the account for checks.
risk is the key of success. to get profit, you have to take risk. All investments are risky. But gambling is more risky. You can increase your return on investment by making different types of forecasts and through different types of analysis. But if you gamble you won't gain much by making predictions as it depends on your luck how much you win. So gambling should always be avoided as an investment.  Cryptos are less likely to give higher returns at any given time, so the risk here will be a bit higher. If you want to get something big, you have to take a big risk. It must be accepted by all
Success is never been that a guaranteed thing on which even if you do take up some risks but doesnt mean that you would totally succeed on whatever the things that you are getting involved with.
There would really be tons of factors on which it would really be affecting you in terms of success because not all will be taking up some risks would be ending up on having that good ending which of course there would really be those people who would succeed and there would be those people who would fail no matter how hard you do try. The only good thing on here is that whenever you do took up that risks then you would really be having that chance or opportunity that could acquire something in compare into those people who have done nothing or didnt do any actions at all, on which they would really be that having that kind of questioning into their minds that they've been still remain poor without even realization that they are really that not doing something on which its really that laughable into those individuals who do have that kind of questioning.lol

No pain no gain indeed and this is how this life works on which successful person are into those people who do make out that kind of risky acts and decisions for them to acquire such possibility that they
could be able to make up that kind of opportunity to earn more or making money which is more than into those typical earnings that you could get from your day job. It is really just that a matter of
hard work and perseverance and wise decisions in life.

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May 22, 2024, 10:29:19 PM
 #213

OP is one of the many people that's been talked about in this forum, the person that has heard of bitcoin but never bothered checking it out and now they're regretting that they didn't get to it in the first opportunity that was presented to them, it's a really crazy thing, people that have been to that situation are really something, I can only imagine the regret that you're in right now when it comes to this kind of thing, it's probably hurting you so much but no worries, it's already going to be fine as long as you're invested in bitcoin already, what matters now is your patience.
I don’t really blame the OP much cause according to him, he heard about it but didn't know what it was. That’s ignorance, and it's made a lot of people miss out on opportunities, if only the OP did a research about bitcoin and maybe took the risk of investing in it as he’s advising currently he would've been double or more than he's worth currently. That's why when one come across a financial project the best thing to do is to make research about it, study it properly to know it's benefit instead of just disregarding it like the OP did. Bitcoin gave people many opportunity to invest in it and make much profit but there are people who still doubt the potential of Bitcoin and still see it as a scam, well just like the OP a lot of them, in future would still regret not seizing the opportunity now. Opportunity they say come but once but the volatility of Bitcoin has given people several opportunities to invest it, the price might have gone higher than it was when the OP first figured it out but to people who have Interest of investing in Bitcoin, it's better late than never cause Bitcoin still got great potential to go higher than it's current price.
You really can't, it's not their fault that they weren't curious enough to go in-depth, some people are just like that and not to mention that bitcoin can sometimes be too overwhelming for some people. Regarding seizing the opportunity now, I think that it's a stupid thing of someone not to seize the opportunity to know or invest in bitcoin because they think that it's a scam, got to understand that we're way past that point with bitcoin and it's just plain wrong for someone to ignore bitcoin because they think that it's a scam, I mean look at the market movement of bitcoin and tell me what part of that is a scam? The volatility isn't an indicator that it's a scam so what makes them think that? The intangibility of bitcoin? That'll be a bad answer if you don't want bitcoin because that is one of it's positives, that it can't be taken away physically from your wallet.
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May 23, 2024, 08:09:23 AM
 #214

I don't find it wise as well. You wouldn't want to take the blame for someone losing their money by making investments in cryptocurrencies whether it's Bitcoin or altcoins because they might not do enough research before investing and this can always be dangerous since investments without ample research often have negative consequences for the investors.

Besides, what do we get for forcing someone to invest in Bitcoin or cryptocurrencies? Except if we are referring to a centralized platform using our referral link where we might get a small percentage in commission for whatever money they invest, but I believe it's not worth it because you will be the person they will blame for every dollar lost and you will have a hard time explaining everything to them.
If someone blames other people when they experience failure in their investment then this is not very good because the money we use belongs to us personally. Of course we have to be responsible for the investment we make and it would be better if we had to do research. in depth about the investment that we will carry out so that we don't make investment mistakes that cause us to lose the money we have.
The results obtained from inviting other people to invest are very small and this is very tiring and the results received are very small, not to mention if they themselves make mistakes and blame us for inviting them to invest.
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May 23, 2024, 12:54:50 PM
 #215

OP, Since you didn't have the courage to invest in Bitcoin in the beginning, will the current market interest you? I don't know how much knowledge you have about bitcoin investing but you need to study more about bitcoin so that you find the a path to invest. Risk is a word that involves both success and failure. Taking risks can lead to success or failure depending on the outcome of your next decision or action. I'm not forcing you to invest, now if you want to invest bitcoin in the current market make sure you don't panic. If you feel the investment risk at once then you can apply the DCA investment method so that you can continue to study Bitcoin in addition to weekly or monthly investments. Now it depends on you whether you are ready to take the risk.

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May 23, 2024, 01:16:32 PM
 #216

I first heard about Bitcoin around 2016 but then I had no idea what Bitcoin was. Someone online was saying to work on it because I don't know anything about it. Then I heard about Bitcoin again in 2022 when the price of Bitcoin was 21000 dollars. I did a little research on Bitcoin and saw that it was good. From whom I heard, I said to a brother, brother, let's invest. Buy a bitcoin and keep it.Fifty percent and I invested fifty percent but that brother did not agree then. Day by day the price of Bitcoin was increasing and the price was going up and down around 25, 30, 31 thousand dollars. Still I told my brother to invest but he did not agree. That price eventually reached 74 thousand dollars. I regretted very much why I didn't take a risk. If you want to do something, you have to take a risk, nothing happens without a risk.
Big risk big profit, no risk no profit, that is true if we don't take risk then we cant earn investing in crypto is very risky because it is not so sure that we can earn, there are also many losers on it, the price is unstable that make us very hard to earn if we don't have enough Patience, but if we don't give it a try then we don't know the outcome if we can earn or we lose.

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lizarder
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May 23, 2024, 01:33:16 PM
 #217

I first heard about Bitcoin around 2016 but then I had no idea what Bitcoin was. Someone online was saying to work on it because I don't know anything about it. Then I heard about Bitcoin again in 2022 when the price of Bitcoin was 21000 dollars. I did a little research on Bitcoin and saw that it was good. From whom I heard, I said to a brother, brother, let's invest. Buy a bitcoin and keep it.Fifty percent and I invested fifty percent but that brother did not agree then. Day by day the price of Bitcoin was increasing and the price was going up and down around 25, 30, 31 thousand dollars. Still I told my brother to invest but he did not agree. That price eventually reached 74 thousand dollars. I regretted very much why I didn't take a risk. If you want to do something, you have to take a risk, nothing happens without a risk.
If that's the story, then I can conclude that you didn't really know Bitcoin before, but it's strange that you dared to take the risk to buy fifty percent at the start. This is very rare and I don't think many people dare to do that without being equipped with good knowledge about bitcoin, especially in the process of bitcoin experiencing a correction and of course people will panic to sell it. You are lucky enough if during the correction process you don't sell the assets you hold because that means you get a profit when Bitcoin experiences its maximum increase.

Taking risks must also be proportional to the knowledge you want to use because taking risks without knowledge is the same as betting on uncertainty. If not, the results could be wrong and you will try to decide on a loss when Bitcoin experiences a severe correction and this error must be avoided so that anyone can avoid unnecessary losses.

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May 23, 2024, 02:17:22 PM
 #218

I first heard about Bitcoin around 2016 but then I had no idea what Bitcoin was. Someone online was saying to work on it because I don't know anything about it. Then I heard about Bitcoin again in 2022 when the price of Bitcoin was 21000 dollars. I did a little research on Bitcoin and saw that it was good. From whom I heard, I said to a brother, brother, let's invest. Buy a bitcoin and keep it.Fifty percent and I invested fifty percent but that brother did not agree then. Day by day the price of Bitcoin was increasing and the price was going up and down around 25, 30, 31 thousand dollars. Still I told my brother to invest but he did not agree. That price eventually reached 74 thousand dollars. I regretted very much why I didn't take a risk. If you want to do something, you have to take a risk, nothing happens without a risk.
Big risk big profit, no risk no profit, that is true if we don't take risk then we cant earn investing in crypto is very risky because it is not so sure that we can earn, there are also many losers on it, the price is unstable that make us very hard to earn if we don't have enough Patience, but if we don't give it a try then we don't know the outcome if we can earn or we lose.

Yes I concur risk is a serious factor when one is seeking for gain in any thing weather investment or all sorts of income it's either less in risk or greater risk but can't be eliminated completely, it's more clear that the higher the risk the more the gain.
Only those who is willing and ready to take the part of risk stand out  above of certain poverty oppression level, if your afraid of risk you can't move above some certain level risk is very strong tool acting as yardstick to measure how far one can move when in pursuing success.

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May 23, 2024, 02:32:54 PM
 #219

I first heard about Bitcoin around 2016 but then I had no idea what Bitcoin was. Someone online was saying to work on it because I don't know anything about it. Then I heard about Bitcoin again in 2022 when the price of Bitcoin was 21000 dollars. I did a little research on Bitcoin and saw that it was good. From whom I heard, I said to a brother, brother, let's invest. Buy a bitcoin and keep it.Fifty percent and I invested fifty percent but that brother did not agree then. Day by day the price of Bitcoin was increasing and the price was going up and down around 25, 30, 31 thousand dollars. Still I told my brother to invest but he did not agree. That price eventually reached 74 thousand dollars. I regretted very much why I didn't take a risk. If you want to do something, you have to take a risk, nothing happens without a risk.

Now that you are regretting that you didn't invest in Bitcoin earlier is still the right time to buy and invest because if you don't you will still face same regret in the future. You heard about Bitcoin in 2016, when the price highest ATH of Bitcoin that year was around $970, from 2016 till now is about 8 years now and the price reached an ATH of $73k so you can imagine the profits you would have made now if you had invested in that 2016. 8 years from now you can also imagine what the price will be by that time so it is never a late time to invest in Bitcoin inasmuch as the goal is for a long term. Our greatest enemy in life is fear and of which if you are always afraid of losing you will end up not owning investments, despite that cryptocurrency are very risky but with Bitcoin the risk of losing is minimal. Risk it if you have the money, you can apply the DCA to be making accumulation little by little then before you know it you must have made a lot in your portfolio.

Don't always wait for others to trigger or awaken your investments morale you can start without getting anyone involved just like you wanted you and your brother to start up the investment but since he didn't show interest you also gave up so had it been you took the step yourself and made investments by now he would have been the one regretting instead of you, your destiny is not tied with another so make a bold step today and start investing in Bitcoin.

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May 23, 2024, 02:55:27 PM
 #220

I guess its better if you make your own money, seems those money came from your brother of course he will use his hard-earned money to other things he needs, you keep pushing and now regrets to make an investment in bitcoin, if those number of days you seek another source of income so you don't need to beg to invest instead you will make a risk at your own. Also, base on your statement you have 50% to invest with and if you held those until now seems you already gained profit. Like other people who doubt the use of the bitcoin they are now regrets upon checking the price of the BTC today.
Regret is always the end result of the day and that's why most person miss out the opportunity that Bitcoin investment brings to the table. Bitcoin now is one of the most lucrative forms of investment but many people today are  shy of this opportunity maybe due to doubt that they are going to lose out because of its volatility or due to the fact that they feel they don't have enough to invest that would earn them profits but there is a saying which goes " the first approach to something goes a long way" which simply means one can start an investment if he is really interesting no matter the financial status as the DCA STRATEGY is always there .

R


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