When investing in Bitcoin: what to consider?

[NewRanger]

You should consider the safety and the length of the holding. Short terms may also give you quick gains but in long run you will have good profit.

I think the security point is the main point before the arrival of profits and it is important to note if indeed our investment in BTC has been designated as a long-term investment. In terms of good storage, the private key is always in your hands, additionally install two-factor authentication (2FA) and always use a wallet that has been proven to perform well, of course. Maybe in addition, don't forget to follow the developments related to regulations that develop in your country, in this case BTC.

[Awak Bambi]

When someone makes an investment, of course they must actually use funds that they do not need for other purposes and also if they fail in the investment they make then this will not cause them to experience financial difficulties as a result of the investment they make and hinder their investment in the long term. Of course, this is very important because they have to be patient in order to get a profit from what they invest.

To be patient in investing, of course we must first understand the investment well and it is absolutely impossible for someone to persist in investing without properly understanding the investment they are making, that is what is experienced by those who panic when they see the price. Bitcoin is decreasing because they don't understand how it works. Bitcoin is good and for some people who understand it well, there are also those who take advantage of this opportunity to be able to collect more than usual so they can profit from the investments they make.

Of course, to make an investment, it's a good idea to use more money than we need, so that what happens with this investment is that we still have money to meet our needs, because investment is not just a profit but also a loss.

In investing, the first thing we have to do is understand whether it is the ups and downs of Bitcoin or something else, because if we don't understand it, it's the same as spending money for nothing, in this case study the situation first so that we can take advantage of the situation to make a profit. profit, so that the percentage of loss is not too high.

[rodskee]

First how does Bitcoin operate? Bitcoin it's a digital currency uses Blockchain technology to support transactions between users. If you know how Bitcoin operates then you will also know the consideration that comes with. And critics say Bitcoin doesn't work as a currency, Citing volatility use in illegal activity, but supporters argue that it's too early to make  some of these claims, is already fixing many of those concerns. I know their are so many things to be consider with when it comes to anything investment. Mostly concerning the highest exchange in the world. So what are your opinion towards the people that are investing in Bitcoin?

Almost everything you said have been discussed and tackled here in forum for long time now,
and remember that critics will be critics not until they found something that will benefit them
so don't be alarmed of all those things because you are inside the biggest and safest market
in crypto.
so you are asking what to consider in investing bitcoin? then that is the normal ups and down
and better to expect those movement and try to keep tight for the next bullrun.

[kro55]

When you always stick to the golden rule about investing only what you can afford to lose even if it's little as long as you decide to invest in it for the long term, you will eventually become successful and also while you are holding some bitcoins, you need to make sure that you have all the knowledge how to prevent yourselves from getting hack of getting victims to those exchanges that are suddenly close. Having enough patience and knowing where to go to catch positivity when the crypto market is not looking well is also an important aspect of this journey because people are panicking when they see all-red in the crypto market while others are just chilling because they know exactly when it would gonna happen.

When someone makes an investment, of course they must actually use funds that they do not need for other purposes and also if they fail in the investment they make then this will not cause them to experience financial difficulties as a result of the investment they make and hinder their investment in the long term. Of course, this is very important because they have to be patient in order to get a profit from what they invest.

To be patient in investing, of course we must first understand the investment well and it is absolutely impossible for someone to persist in investing without properly understanding the investment they are making, that is what is experienced by those who panic when they see the price. Bitcoin is decreasing because they don't understand how it works. Bitcoin is good and for some people who understand it well, there are also those who take advantage of this opportunity to be able to collect more than usual so they can profit from the investments they make.

What you said doesn't just apply to bitcoin investing, it applies to all investments, we should only invest with what we can lose and invest in what we understand well. But what I am seeing is that the majority of people are doing the opposite, many are investing recklessly in bitcoin with money they cannot afford to lose and with the expectation that they can get rich quickly from it. Many people don't even know what bitcoin is, how it works...they just invest through other people's advice. That's why many people panic every time bitcoin corrects.

[harapan]

First how does Bitcoin operate? Bitcoin it's a digital currency uses Blockchain technology to support transactions between users. If you know how Bitcoin operates then you will also know the consideration that comes with. And critics say Bitcoin doesn't work as a currency, Citing volatility use in illegal activity, but supporters argue that it's too early to make  some of these claims, is already fixing many of those concerns. I know their are so many things to be consider with when it comes to anything investment. Mostly concerning the highest exchange in the world. So what are your opinion towards the people that are investing in Bitcoin?

Whenever you intend to invest in bitcoin,its important that you make your own research concerning bitcoin and investments.Take time to learn about blockchain technology,consider learning about cold and hot wallet.Perform the various tasks,explore the cryptocurrency space and ensure That you're ready to invest in it(bitcoin).
There should be a reason why you intend to invest in bitcoin,some people decide to invest in bitcoin because its trending as a digital currency and they end up with so much regrets.

Before investing in cryptocurrency,you should gain a personal understanding of what you hope to achieve from investing in bitcoin as this will help you with solving the risks beforehand and gain your rewards according to your actions.

[Adams0001]

We have different opinion about Bitcoin so why bother what others or critics think of it?
They don't see it as a currency then move on we don't need to force them to see it that way, we have been using it however we want (payment option or investment tool).

exactly we should just focus on what we are doing and leave some people that are talking about bitcoin that is not real is scam, i used to say that anyone that said any bad thing about bitcoin before he said it he should get prove first before he can say negative part about bitcoin, most people don't have money to invest in bitcoin and they will like to try and confuse some people that are interested in investing because they don't have money they will try to stop another person.

The first thing to consider is the market's volatility. You should know how he is and when to start your investment because some individuals do not invest when the price is high they will like the price should drop little before they invest. Second, even if you are losing, you should not sell it at a loss, you should be patient and the price will definitely increase again, that is why is called bitcoin is very good investment, and I see why someone will say he lose in bitcoin, expect is sell when the price is low and he can't wait for the price to raise and get profit before selling it, and when they sell at a loss, they will start complaining that they lost, and bitcoin if you don't have enough money for investment for long time is better you leave it because if you did't invest for long time i think you can't achieve huge profit in bitcoin.

[Questat]

Honestly, I don't think everyone  out there before investing in Bitcoin needs to know how it works or how to use it  unless you are a hands on person and inquisitive enough to want to know your way around BTC , for the guys with big pockets...these will get financial advisors to do the heavy lifting for them and will invest in BTC without even knowing the mechanics of BTC itself .

Investors just focus on earning, they don't care if that is decentralized, uncontrollable, or whatever but they see the earning potential of this.
Rich people could hire someone on their behalf to take care of their investment, a smart idea especially if you don't have time to manage it.

As we believe that Bitcoin will continue to grow despite the unpredictable market movement, this makes us think that chances are always there. What we just need is money, trust, and patience. But if we feel we can't make it, we'd rather stop thinking about Bitcoin and think this is not for us. Because it was hard to push through when we are not yet ready to face the reality of being a Bitcoin investor especially when doubts is always in our minds, which only ruined everything and ended in frustration.

[Abu-Naim]

When trying to invest in Bitcoin, you should only consider the benefit of Bitcoin and how does the Bitcoin and the crypto market works; if you understand Bitcoin, you have no doubt on what to consider since you will have known that it is a decentralized currency that will store the value of your wealth and you will even have benefits if the market go bullish.

And critics say Bitcoin doesn't work as a currency, Citing volatility use in illegal activity, but supporters argue that it's too early to make  some of these claims, is already fixing many of those concerns. I know their are so many things to be consider with when it comes to anything investment. Mostly concerning the highest exchange in the world. So what are your opinion towards the people that are investing in Bitcoin?

For the people criticizing Bitcoin which are mostly government that like centralization for selfish reasons, they will always say that it is been used for illegal activities and money laundering which is not true in some extent; although people are using the means of cryptocurrency and Bitcoin to do illegal activities which is also been done with fiat money as well.

[rachael9385]

First how does Bitcoin operate? Bitcoin it's a digital currency uses Blockchain technology to support transactions between users. If you know how Bitcoin operates then you will also know the consideration that comes with. And critics say Bitcoin doesn't work as a currency, Citing volatility use in illegal activity, but supporters argue that it's too early to make  some of these claims, is already fixing many of those concerns. I know their are so many things to be consider with when it comes to anything investment. Mostly concerning the highest exchange in the world. So what are your opinion towards the people that are investing in Bitcoin?

Yea i wouldn’t say many people today do not treat bitcoin as a currency but rather they treat it more today as an asset to hold as a result of the distinctive characteristics that bitcoin possess and which are characteristics for good asset to hold. People today to not just bring out their bitcoin to trade like that but rather look for other means.

There is nothing wrong treating bitcoin as a investment so my advice to any one trying to come into cryptocurrency or specifically is to think long time. Many people fall to losses today in cryptocurrency or bitcoin because of the duration of timing of when to buy and sell.

Currently people who knows what Bitcoin is, knows that Bitcoin is an asset and many really want it badly so that they will also be called Bitcoin investors and more of it, some other want to learn what is all about and own it.
From my end, I believe that every asset where ones an investment and when you have enough of if before it's called an asset. Just as those that are into real estate business, they build even when no costumer have come to make an enquiry, and they believes that after building the they will have it as an asset if they didn't sell it. Si from every investment there's an asset.

[Smack That Ace]

Bitcoin is a very volatile investment, it can generate huge profits but can also make us lose, so only invest with idle money, that is something we should consider and consider. As long as we have not solved the problem of capital for investment, do not rush to consider other factors because capital is the most important thing when it comes to investment.

When you always stick to the golden rule about investing only what you can afford to lose even if it's little as long as you decide to invest in it for the long term, you will eventually become successful and also while you are holding some bitcoins, you need to make sure that you have all the knowledge how to prevent yourselves from getting hack of getting victims to those exchanges that are suddenly close. Having enough patience and knowing where to go to catch positivity when the crypto market is not looking well is also an important aspect of this journey because people are panicking when they see all-red in the crypto market while others are just chilling because they know exactly when it would gonna happen.

As I said there are many factors that need to be considered before investing but I will focus on capital as the top priority. If we do not follow the golden principles of investing, we invest with borrowed money, invest with money for daily needs...even if we have knowledge, patience...cannot guarantee that our investment will be successful. Because bitcoin is so unpredictable, no one can know exactly when it will increase and bring us profits.

“Capital” is the first thing that needs to be considered and considered because not everyone has idle money to invest. Other factors such as knowledge, experience, skills... are not too difficult to obtain.

[lixer]

You also don't need to be surprised that some people don't like decentralization because nothing is so perfect that it has no disadvantages. For law-abiding people, or those who are not confident in their ability to preserve their own assets, it is understandable that they trust banks and centralized organizations. Just like our parents' generation, banks and governments are ingrained in their subconscious and whether you introduce bitcoin or decentralization to them, they will not care and will continue to trust the government. The world is full of color and we cannot force people to think like us or impose our thoughts on others.

It's hard to believe in most things especially now that the world is evolving there are people who are so premitive to accept that anything is possible and of course you can have them to be blamed because anyone who isn't exposed and doesn't accept that anything is possible would also think this way. Perfection is based on understanding especially in terms of digitalization, all we need is to gradually build trust and start using it along the line we could see the perfection in what we are using.

Evolving/evolution or new techs are now there to help most people to lie more but I think we can also use it as a counter to expose them easily. To be real, anything is not possible like for example getting the sun because it is too far and even if we get close to it, we can only burn our selves.

I believe that those who said or insist that anything is possible are mostly only referring on the realistic stuffs like winning a girl and getting their dream career. As long as this is the ones that we are pushing, we can just ignore the people who will try to put us down or blame us. We can also use them as an inspiration. Show them that it is really possible and let them disappoint their selves. Perfection on the other hand is also subjective.

[DiMarxist]

Many people don't really understand the creation of bitcoin and they only believe that bitcoin was created to invest and make profit. I will want them to go and read the Whitepaper and the reason why bitcoin was created. According the TSC. He said the reason of creating bitcoin has been defeated by investment and that is the truth about the  matter.
Bitcoin was created to pay things online and that is where the concept peer to peer transaction come to.and existence but everyone has gone to the investment side other Cryptocurrency and abandon the core mandate of the project.

[Cookdata]

First how does Bitcoin operate? Bitcoin it's a digital currency uses Blockchain technology to support transactions between users. If you know how Bitcoin operates then you will also know the consideration that comes with. And critics say Bitcoin doesn't work as a currency, Citing volatility use in illegal activity, but supporters argue that it's too early to make  some of these claims, is already fixing many of those concerns. I know their are so many things to be consider with when it comes to anything investment. Mostly concerning the highest exchange in the world. So what are your opinion towards the people that are investing in Bitcoin?

You need to under that we have billions of people around the world, so it's normal for people to disagree with each other but you know one things about Bitcoin, the supporters don't argue recklessly, the argue with a fact and that's what critics don't do, they just hate because they can't win and fear Bitcoin is taking away what they dream off with their traditional finance, that been said.

Did you not seen volatility of game stop last week and how they were stopping the platform so traders wouldn't be able to trade, 40% on game stop and nobody is seeing that as volatility, they should be fair in thier arguments because the traditional market is number one place of volatility.

Illegal activity yiu said about Bitcoin, what about fiat? Money has been used in my country many times this year to settled kidnapped victims from victims. What will you call that? Sometimes I wonder who government employ in their office and just says anything without nothing upstairs.

Next please.

[Baki202]

You should consider the safety and the length of the holding. Short terms may also give you quick gains but in long run you will have good profit.

security is very important and that should be one of the first thing to consider before any other thing especially for holders because most people don't even know what they mean by keeping your bitcoin safe all they usually focus on is how to buy and then sell and that is why you see people falling victims of scams because they lack knowledge on security about bitcoin and all there focus is always on the market.  and they don't even know that you should not save your money in an exchange it is usually better to safe your money in a wallet than keep it in an exchange but people don't listen and even when you safe your money inside a wallet you still need to keep your seed phrase safely from third party it should only be used by you. because bring a third party will just make everything worst and might open door for your assets to be stolen.

I think the security point is the main point before the arrival of profits and it is important to note if indeed our investment in BTC has been designated as a long-term investment. In terms of good storage, the private key is always in your hands, additionally install two-factor authentication (2FA) and always use a wallet that has been proven to perform well, of course. Maybe in addition, don't forget to follow the developments related to regulations that develop in your country, in this case BTC.

People choose profit over security that is how funny the whole situation can be, and what people fail to understand is that you will make your profit as long as you are patient enough, but people just want to invest and the next thing should be profit. so it is better to have knowledge then through the knowledge you will b able to know the security measure to follow rather than focusing on profits and market there also important things that should not be left out, and if eventually left out then along the line there will be serious issues and you might even be easily manipulated because of lack of knowledge so focus all energy to want to know that  way you will be free.

[wahyuagung26]

So what are your opinion towards the people that are investing in Bitcoin?

The people who interact in Bitcoin I dare say are geniuses, and we like those who have thoughts about Bitcoin, Bitcoin really develops a person in various aspects, one of which I mentioned in economics, actually for those who already understand Bitcoin well they are not too hesitant in considering Bitcoin, because they know the effects and what they will get from developing and jumping into Bitcoin.

Therefore, make your investment in Bitcoin because I think this is the place where you will develop yourself in Crypto, and Bitcoin very well has a very unique value. We just continue to pay attention to Bitcoin in this long-term investment period which we are currently doing. this and from several times that have passed.

[CageMabok]

Of course, to make an investment, it's a good idea to use more money than we need, so that what happens with this investment is that we still have money to meet our needs, because investment is not just a profit but also a loss.

In investing, the first thing we have to do is understand whether it is the ups and downs of Bitcoin or something else, because if we don't understand it, it's the same as spending money for nothing, in this case study the situation first so that we can take advantage of the situation to make a profit. profit, so that the percentage of loss is not too high.

Almost everyone who understands Bitcoin and knows that Bitcoin is the best asset of all time, will not be so worried about using their money to invest in Bitcoin. Moreover, if the money used is money that is specifically for Bitcoin, it will make you calmer when investing and you won't worry about any market conditions. Because when someone who has been studying investment for a long time and also knows more about Bitcoin, they will definitely still believe in Bitcoin no matter what the conditions.

[eightdots]

Bitcoin is a very volatile investment, it can generate huge profits but can also make us lose, so only invest with idle money, that is something we should consider and consider. As long as we have not solved the problem of capital for investment, do not rush to consider other factors because capital is the most important thing when it comes to investment.

When you always stick to the golden rule about investing only what you can afford to lose even if it's little as long as you decide to invest in it for the long term, you will eventually become successful and also while you are holding some bitcoins, you need to make sure that you have all the knowledge how to prevent yourselves from getting hack of getting victims to those exchanges that are suddenly close. Having enough patience and knowing where to go to catch positivity when the crypto market is not looking well is also an important aspect of this journey because people are panicking when they see all-red in the crypto market while others are just chilling because they know exactly when it would gonna happen.

There is risk in every investment. Regarding Bitcoin investment, I can say that the risk that will arise in case of a decline is time. Bitcoin has always performed well in the long term, but one needs to know how to wait long enough. Investing can be risky for those who are not good at waiting.

Bitcoin's performance shows a positive performance in terms of investment, but expectations may not be met for those who want to earn high profits in the short term. Expectations determine how we should invest. Investment should be made according to expectations and a plan should be created according to the desired results from the investment.

[Ale88]

First how does Bitcoin operate? Bitcoin it's a digital currency uses Blockchain technology to support transactions between users. If you know how Bitcoin operates then you will also know the consideration that comes with. And critics say Bitcoin doesn't work as a currency, Citing volatility use in illegal activity, but supporters argue that it's too early to make  some of these claims, is already fixing many of those concerns. I know their are so many things to be consider with when it comes to anything investment. Mostly concerning the highest exchange in the world. So what are your opinion towards the people that are investing in Bitcoin?

You need to consider several factors, and I would say that the first one is to understand that bitcoin is real money, it's not a game. You must be prepared to go under when the market goes down, not everybody can handle that. You need patience, not everybody has it. You need to understand how and where to store your cryptos, and you must understand that you cannot trust anyone.

[amihada]

Bitcoin investment is the right step for assets in the future. Don't be easily influenced by the market when the market goes down. Don't panic quickly. If you panic, you will suffer losses. In my experience, investing in Bitcoin in the long term will make big profits. You have to be wise in holding Bitcoin and you have to have a lot of it. Follow the latest news so you don't stay informed.

[btc78]

For the people criticizing Bitcoin which are mostly government that like centralization for selfish reasons, they will always say that it is been used for illegal activities and money laundering which is not true in some extent; although people are using the means of cryptocurrency and Bitcoin to do illegal activities which is also been done with fiat money as well.

Illegal activities will be done no matter how much the government tries to prevent in. Criminals can always look for ways to hide their tracks as best as they can. In fact fiat might even be safer than cryptocurrencies if you want to transfer illegal money.

However the convenience of bitcoin definitely attracts more people even criminals. The fact that they can transfer money easily from one place to another without having to give off their information is something that makes it prone for criminals to use it. But it’s just one big generalization of how cryptocurrencies are being used.

Obviously not everyone uses crypto like this and it would be unfair to prevent everyone else from using bitcoin as a whole just because of some speculation about criminals using it.