Don't invest in Bitcoin because others are investing in Bitcoin

[kawetsriyanto]

When you want to invest in Bitcoin don't because people is investing in Bitcoin and you invest, I prefer taking my time to make a research before I invest on Bitcoin,

Indeed. Investing in Bitcoin must be based on our own desire, don't invest because of following others only. There are too many failed people because they have no knowledge, they just follow others. This is a bad idea, investing in Bitcoin should have good knowledge. Although Bitcoin is a quite safe coin but it doesn't automatically give profits. We must know the market trend, the cycle, and always update the current news.

Anyway, taking a research is a must, it is an important part of investment. Without a research, we only gamble with Bitcoin because we don't know anything about the potential of Bitcoin.

Bitcoin invest is good but when you don't take your time to invest in Bitcoin then you will invest wrongly, the first time I invested I did not follow anyone step rather I do follow the research I made before I invest, some persons does not control emotions before they invest they follow a side news to invest on Bitcoin and that is why some of them do experience hard luck for their invest, in summary invest when you want to invest, don't follow the crowd but follow your instinct

You're right. If we don't want to take a research, it is surely high risk to put money in Bitcoin or any other crypto coins. Moreover if we have no good emotion-control, it is a bad idea to invest for a long time in Bitcoin. I think Bitcoin investment is for patient people only, it is because we need to wait for years to take profits.

[Queentoshi]

...

We mostly have to make decisions based on our personal reasons, not due to the reasons of others. Even like investment decisions too. There are people who invested in bitcoins because others where investing, these people because of their lack of personal reason of investing turn out to be weak holders of bitcoins. When there is a personal reason for investing, you become a more dedicated holder who has something to remind themselves with whenever there is the temptation to sell off investment. A personal reason is self-motivating.

[joeperry]

... in summary invest when you want to invest, don't follow the crowd but follow your instinct

That's right and this is not only applicable to Bitcoin but also other cryptocurrency as well, though I wouldn't think trusting your instinct is good in trading or investment because sometimes instinct is not right and it's still better if you are going to invest or trade with supporting data on why you should invest on it because your research and your time studying the coin would be pointless if you are just going to follow your instinct. I still believe that in trading and investing, trusting your guts wouldn't be that helpful.

[Nrcewker]

Golden rule of investment is don’t take advice from others. No one will tell you the method if they are actually making money from it. You have to do your own research before investment. It is your hard earned money, so you should be the one making the decision where to invest or not. Now regarding investment in Bitcoins, then it’s a good decision, as Bitcoins are fixed in supply and more people are increasing the demand to accumulate the coin. Hence the price will definitely go up and results you in good profit.

[michellee]

Before investing in Bitcoin, we must do research so we can know how to get started. We can repeat mistakes that have been experienced by other people and by doing research, we can avoid them. We should take the time to learn how to invest in Bitcoin well.

With that research, we can find a good time to invest in Bitcoin, especially if the price decreases. We can prepare ourselves by determining when we can buy Bitcoin. With the knowledge we have, we can start investing in Bitcoin and save it until it is time to sell the Bitcoin.

We have to find ways that are right for us and don't need to follow what other people do. These methods will not be the same for everyone and that is why, we have to do research. When everything is going well, we just have to wait for the time to sell the Bitcoin and take the profit.

[Spaceman1000$]

When you want to invest in Bitcoin don't because people is investing in Bitcoin and you invest, I prefer taking my time to make a research before I invest on Bitcoin, Bitcoin invest is good but when you don't take your time to invest in Bitcoin then you will invest wrongly, the first time I invested I did not follow anyone step rather I do follow the research I made before I invest, some persons does not control emotions before they invest they follow a side news to invest on Bitcoin and that is why some of them do experience hard luck for their invest, in summary invest when you want to invest, don't follow the crowd but follow your instinct

Investing in Bitcoin does not really go with instincts, it goes with knowledge, how knowledgeable you are about the concept of Bitcoin will determine how you can be able to easily navigate and create an investment system for yourself. Bitcoin is not like a quick fix financial investment system, it requires patient and a long time plan, however It has little to do with your emotions or your instinct but more to do with your knowledge, so I would rather say that let your instincts be knowledge base and also have a strong conviction while investing in Bitcoin.

[Riginac111]

...

We mostly have to make decisions based on our personal reasons, not due to the reasons of others. Even like investment decisions too. There are people who invested in bitcoins because others where investing, these people because of their lack of personal reason of investing turn out to be weak holders of bitcoins. When there is a personal reason for investing, you become a more dedicated holder who has something to remind themselves with whenever there is the temptation to sell off investment. A personal reason is self-motivating.

yeah that's is the thing I'm emphasizing on because when you look at some other person's investment you will see that they always take advice from people without knowing their own worth, the thing that is important is for we to take our decision and basically focus on things we do, not depending on people ideas

[GiftedMAN]

Bitcoin investment is not like gambling that sometimes need instincts to pick the right matches to play this is a serious financial business that involves money, time and follow-up, op you may decide not to invest when others are investing maybe because you are not don't have the financial capacity to invest with or you don't have knowledge but if you are following up on the forum informations here on the forum and find out that the price of Bitcoin is low then don't fail to utilize the opportunity to buy when others are buying because the price may not be the same again when you are fully ready to buy.

Once you are not a newbie in the cryptocurrency world you will understand the point that after making your own research and personal determination you will realize that if you have a stable income, every moment the price of Bitcoin drops is an opportunity for a good investor to keep buying more of Bitcoin.

[arjunmujay]

When you want to invest in Bitcoin don't because people is investing in Bitcoin and you invest, I prefer taking my time to make a research before I invest on Bitcoin, Bitcoin invest is good but when you don't take your time to invest in Bitcoin then you will invest wrongly, the first time I invested I did not follow anyone step rather I do follow the research I made before I invest, some persons does not control emotions before they invest they follow a side news to invest on Bitcoin and that is why some of them do experience hard luck for their invest, in summary invest when you want to invest, don't follow the crowd but follow your instinct

Investing in Bitcoin does not really go with instincts, it goes with knowledge, how knowledgeable you are about the concept of Bitcoin will determine how you can be able to easily navigate and create an investment system for yourself. Bitcoin is not like a quick fix financial investment system, it requires patient and a long time plan, however It has little to do with your emotions or your instinct but more to do with your knowledge, so I would rather say that let your instincts be knowledge base and also have a strong conviction while investing in Bitcoin.

There is no such thing as an investment that can be completed quickly, whether it's bitcoin or investing in the stock market. investors will definitely hold these assets for a long period of time.
Therefore, before deciding on an investment, it is better for you to prepare yourself to spend time researching what you want to hold. and never invest using money for basic needs.

The biggest mistake of novice investors is that they want to increase the value of their assets in a short period of time. and using money that is not appropriate. When you use money for basic needs, of course your portfolio will be disrupted, this does not apply to Bitcoin investments only, but all investment instruments.

[NewRanger]

yeah that's is the thing I'm emphasizing on because when you look at some other person's investment you will see that they always take advice from people without knowing their own worth, the thing that is important is for we to take our decision and basically focus on things we do, not depending on people ideas

There are many opportunities to accumulate bitcoins by investing properly and smartly freely to get the best income from bitcoin. Listening to the advice of the more senior ones is a must, but the return of the final decision usually falls in our own hands and with consequences.

For the new investors coming in these days, their positions are pretty stinky I think where they get the best moment when all cryptocurrencies go down like they are right now. Well. About the price, many people believe after half the price of bitcoin will rise.

[freedomgo]

Golden rule of investment is don’t take advice from others. No one will tell you the method if they are actually making money from it. You have to do your own research before investment. It is your hard earned money, so you should be the one making the decision where to invest or not. Now regarding investment in Bitcoins, then it’s a good decision, as Bitcoins are fixed in supply and more people are increasing the demand to accumulate the coin. Hence the price will definitely go up and results you in good profit.

I think it’s okay to take advices but learn to filter them first. Have your own research so you can verify if their advices are good and reliable, otherwise you will end up fed with wrong information that will cause your future mistakes and losses.

Bitcoin is a good investment not because others are saying so, but because you discovered from your own research its high potentials to succeed. Hence, sticking to bitcoin with a good amount of capital is the wisest thing to do.

[mvdheuvel1983]

When you want to invest in Bitcoin don't because people is investing in Bitcoin and you invest, I prefer taking my time to make a research before I invest on Bitcoin, Bitcoin invest is good but when you don't take your time to invest in Bitcoin then you will invest wrongly, the first time I invested I did not follow anyone step rather I do follow the research I made before I invest, some persons does not control emotions before they invest they follow a side news to invest on Bitcoin and that is why some of them do experience hard luck for their invest, in summary invest when you want to invest, don't follow the crowd but follow your instinct

Investment should be done on a personal note, it is not advisable for an intending investor to invest based on speculations or interesting news that match his mindset, we can't dispute the fact that Bitcoin is valuable and profitable asset but intending and prepared investors should also know that Bitcoin is been controlled by different events and these events are unpredictable, thats why if you actually wants to invest, you must be prepared for any of this events, bitcoin as a profitable asset is not a quick rich scheme where you expect to make money immediately you invest, it doesn't work that way, you must activate your mind for long term investment if not, you may not benefit that which awaits you in the long run.

The first thing I find interesting in Bitcoin is that when you are investing, don't use all your money in other to avoid being a premature decision taker and again make sure that you choose the strategy that fits your earnings so that you keep investing gradually.
Bitcoin is very remarkable in the world of investment but be prepared mentally before you can invest, although you may not be needing an advanced knowledge to invest in bitcoin but whatever decision you take as an investor should be personal.

[EarnOnVictor]

When you want to invest in Bitcoin don't because people is investing in Bitcoin and you invest, I prefer taking my time to make a research before I invest on Bitcoin, Bitcoin invest is good but when you don't take your time to invest in Bitcoin then you will invest wrongly, the first time I invested I did not follow anyone step rather I do follow the research I made before I invest, some persons does not control emotions before they invest they follow a side news to invest on Bitcoin and that is why some of them do experience hard luck for their invest, in summary invest when you want to invest, don't follow the crowd but follow your instinct

Well, people are the reason why others are investing in Bitcoin because if they never tried it to tell the good news about it, others may never know the opportunities in it not to mention of spreading it on social media and other outlets for others to know. This means that it should come first from people regardless of what we believe and there is nothing we can do about it. But the good advice is that we should not be a blind follower of anything, which includes Bitcoin, we should investigate them, learn them and find the means to manage our risks regarding them. This is why we always advise that everyone should do their own reached and never be too trusting. A lot of people who knew nothing about Bitcoin introduced their friends and families to it, but to what end? Loss and mismanagement!

They will definitely mismanage their way into it and lose since they never prepared for it but will only start complaining later. But the instinct, I do not agree with you, do not gamble your investments with instincts, you should know it, be a good speculator and manager, and most importantly, every investor needs to be the friend of their trading chart.

[Yatsan]

I won't say that this isn't correct. Indeed, you should not engage into something just becuse others did the same thing. Much if better for you to study that particular thing, perhaps investment in this instance, and decide whether you would still continue or not. It is not bad to conform but always know what you are dealing with. If you'll just be one of those "I will become rich because of Bitcoin" kind of investors, then save yourself early. Why? If something happens, for example a huge decline in market prices, you'd panic and more likely do hasty decisions that could yield to huge and permanent loss. Unlike if you know what it really is, you'd be able to also know what to do and what not to. Bitcoin and investments in general has its own risk that you should manage in order to avoid unecessary outcomes. Profitable indeed but nothing will come fast and easy.

[Jewan420]

It is always wise to prioritize your own decisions. You should take advice from others, but never follow anyone.

When you follow someone else to buy bitcoins, they will also buy. Following this trend, the market will be bullish, meaning that the price of Bitcoin will be higher at the time of your purchase. The same happens when selling.

When you follow someone and sell bitcoins everyone else will sell ie the market will be bearish. This way you can lose everything. Buy and sell Bitcoin based on your decision with advice from experts. Buy when the market is down and sell when the market is up.

[Negotiation]

When you want to invest in Bitcoin don't because people is investing in Bitcoin and you invest, I prefer taking my time to make a research before I invest on Bitcoin, Bitcoin invest is good but when you don't take your time to invest in Bitcoin then you will invest wrongly, the first time I invested I did not follow anyone step rather I do follow the research I made before I invest, some persons does not control emotions before they invest they follow a side news to invest on Bitcoin and that is why some of them do experience hard luck for their invest, in summary invest when you want to invest, don't follow the crowd but follow your instinct

It's good to do research but there's nothing to panic about with bitcoin. Bitcoin has always been considered the best currency in the crypto market there is no mistake in investing here every investor waits for the price to drop and when the price drops it is a good time to hold. Everyone is using this opportunity to invest in bitcoin you also use this opportunity, you will not fail but you will get success.

[AnonBitCoiner]

We should not always copy the activities of others because there is a big difference among people and if someone is investing in bitcoin then he will have knowledge about it and will have money to put into it. But if we skip to get knowledge and blindly do anything that others are doing then we will regret it if we see that another person has gained huge profit from the same source but we have not.

Take steps according to your knowledge and don't copy others because every Individual cannot do the same thing and if they are doing then it does not mean that they will be equally rewarded. If you want to hold Bitcoin then buy at Lower worth and wait for higher worth to get advantage like that of others but decide according to your fixed target not according to others target.

[OgNasty]

The thing about Bitcoin is that it has a long time preference and is also very volatile.  This is a recipe for disaster for get rich quick folks.  They aren't going to hold for 4 years if they follow the crowd and buy the top.  They sell and take a massive loss very quickly.  Whereas if you actually care about freedom, mankind, government debts, etc...  Bitcoin can be a lifesaver for you.  That's what it needs to be.  That way you hold through the hard times and are rewarded handsomely.  I always tell people who ask me about jumping into BTC as an investment that they should be prepared to hold through 60% losses and four years of waiting.  If they can do that, they'll be ok in BTCland.

[Mahanton]

When you want to invest in Bitcoin don't because people is investing in Bitcoin and you invest, I prefer taking my time to make a research before I invest on Bitcoin, Bitcoin invest is good but when you don't take your time to invest in Bitcoin then you will invest wrongly, the first time I invested I did not follow anyone step rather I do follow the research I made before I invest, some persons does not control emotions before they invest they follow a side news to invest on Bitcoin and that is why some of them do experience hard luck for their invest, in summary invest when you want to invest, don't follow the crowd but follow your instinct

Invest at your own risks and preference as always as this one would really be the one of the primary rule when it comes to investment.Dont make investment just because you have been just simply hyped
by others on which it would really be better that you do really just depend into your own research and would be making out decisions according into on what you had researched.Its not bad to get some ideas from others but making yourself that highly being that dependent with those things then you are just basically putting up yourself on some potential regret later if it turns out that your investment
becomes negative.You would really be having that kind of emotion and this is why it would really be recommended that you should really choosing up with your own decision.

Invest on what you can afford to lose and never ever make yourself that depending into others when it comes to investment decisions. Its always to be you
and dont depend on others.

[RockBell]

Golden rule of investment is don’t take advice from others. No one will tell you the method if they are actually making money from it. You have to do your own research before investment. It is your hard earned money, so you should be the one making the decision where to invest or not. Now regarding investment in Bitcoins, then it’s a good decision, as Bitcoins are fixed in supply and more people are increasing the demand to accumulate the coin. Hence the price will definitely go up and results you in good profit.

Every decision you make has to come from you and even if you listen to people's advice you should know the kind of advice you are listening to because some advice will just put you in more trouble, and that is something have noticed with rich people they will never tell you the actual truth of how they made their money because the truth is that is not always hard work and they will always tell you hard work, there is something they are not telling us. and I think that is an assignment we have to find out how self and look for the right investment to invest and put all our energies into and maybe that way we are going to find out the secret they have refused to tell us. I love the fact that Bitcoin is a fixed-supply with a higher demand and that is what makes it more interesting.

if you are holding you don't have a choice but to continue to hold because selling when the price is down, is not advisable and it shows that you are selling at a loss and no profit is made that is a bad business mentality.