One Beauty about Bitcoin investment.

[lizarder]

Honestly, I did not quite understand what you meant by art. And why, in your opinion, this art approach contradicts strategy in trading? I would say that developing strategy only benefits your way of trading, because you define some standpoints for yourself which help you navigate through the market. And following strategy doesn't obligatory mean that you would have to stare at the screen all the time. It really depends on your trading style and your self control abilities.

Art can be interpreted as a way to achieve success in investment and art can also be related to expertise, skills or what is often referred to as strategy in investment. Art is not much different from strategy, only people don't mention art in the investment process because people are more familiar with the term strategy. I'm not saying that looking at the screen all the time is important, but in particular traders face the screen more often as a way to see the trading process they are doing.

Without a strategy, no results can be obtained in trading because trading has much greater difficulties compared to investing. In trading terms, strategy is actually needed because without understanding patterns we will suffer losses when trading, that's why trading is much more difficult than investing.

[ndutndut]

If you are investing for Bitcoin for long term, you don't have to check the price daily or weekly just save your seed phrase in a good secure place and delete the app from your phone. And you can check the price just once a month.
Or set alarm to receive the price of bitcoin whenever there is fall and rising. And when the price down then buy more to fill the wallet.

Bitcoin investment is indeed less risky for those who knows well how to manage this kind of investment, but for those who simply invest for greed, it certainly turns out that it’s highly risky for them. Acquiring knowledge and clear understanding on the market is the key, otherwise you will get easily panic and resort into wrong decisions which will lead into a lot of mistakes and inevitable losses.

In addition to good knowledge and understanding in investing in bitcoin as the key to success, we also need to know that investing in bitcoin will be very risky if using free money, meaning money that is not used in the near future, especially using money from debt, then investing in bitcoin will be high risk.

Because investing in bitcoin can be said to not have a high risk because if we don't sell it, we don't lose even though the price is going down. However, many beginners consider this as trivial so that they want to invest in bitcoin using money that is not free so that when the price of bitcoin goes down, there is panic or when suddenly needing money forced to sell at a low price. This often happens including to my own friend, he used all his money to invest in bitcoin but suddenly he needed money and was forced to sell some at a low price.

So in my opinion, besides needing knowledge and understanding, we also need to manage our finances in investing in bitcoin.

[Jewan420]

In addition to good knowledge and understanding in investing in bitcoin as the key to success, we also need to know that investing in bitcoin will be very risky if using free money, meaning money that is not used in the near future, especially using money from debt, then investing in bitcoin will be high risk.

Because investing in bitcoin can be said to not have a high risk because if we don't sell it, we don't lose even though the price is going down. However, many beginners consider this as trivial so that they want to invest in bitcoin using money that is not free so that when the price of bitcoin goes down, there is panic or when suddenly needing money forced to sell at a low price. This often happens including to my own friend, he used all his money to invest in bitcoin but suddenly he needed money and was forced to sell some at a low price.

So in my opinion, besides needing knowledge and understanding, we also need to manage our finances in investing in bitcoin.

First of all it doesn't take much knowledge to start investing in Bitcoin. Gaining knowledge can be essential to prolong and secure your investment. Secondly, one of the fundamental main points of investment is the source of income. If you have no source of income then I think there is no need for you to invest. I don't think anyone would suggest investing if you have no source of income, there is no question of investing with debt. This may be an act of sheer folly. To invest you must first have a source of income, which is surplus after meeting your and your family's needs or an alternative source of income.

[Baki202]

First of all it doesn't take much knowledge to start investing in Bitcoin. Gaining knowledge can be essential to prolong and secure your investment. Secondly, one of the fundamental main points of investment is the source of income. If you have no source of income then I think there is no need for you to invest. I don't think anyone would suggest investing if you have no source of income, there is no question of investing with debt. This may be an act of sheer folly. To invest you must first have a source of income, which is surplus after meeting your and your family's needs or an alternative source of income.

If it is about investing then their is no much to given when it comes to knowledge, bitcoin you need more money when you want to invest when you want to invest. I also feel like when it involves with big money that is when you will enjoy your investment, so either you want to trade or you want to hold putting in a lot of money bitcoins is one of the finest investment you can start with, just jokes if you want to start with small amount of money you can actually go ahead to start. Investing without source of income will make it very hard for you to enjoy your life, we all know how the investment works it might take a while for you to start making money. And anyone that wants to invest with borrowed money is only trying to put their self in more trouble, if the investment should fail then their is no excuse you have to pay the person back their money, it is better to just invest with your own money.

[Dr.Bitcoin_Strange]

Well, it's true that making profit in Bitcoin doesn't require you to do anything than just to invest, hold for some period of time and take profit when you reach your expectation. But the reality of making the investment is that you have to work all day, work from Monday to Friday and look at the monitor if that's really the nature of your job, doing all that is so that you can be able to raise the capital which you can invest into Bitcoin and you still need a sustainable income source to rely on, so that you can be able to hold your Bitcoin until you make profit.

I agree with you because investing in bitcoins definitely requires time and earning those profits definitely requires a lot of hard work and time. If a man does not put in a lot of effort and enough time, he will never make a profit and never invest. If I sit I will never be able to invest bitcoin not only bitcoin investment I will not be able to manage my family so in life must work hard if not hard work not be able to earn. Although we don't have Bitcoin investment as easy but it won't be because Bitcoin investment is not easy. But after investing here one must go through due diligence. As the saying goes, freedom is harder to defend than to gain.

Those that foresee the beauty of what they want doesn't play with the kind of knowledge they want to acquire about the asset they are investing in and to be able to make profit from Bitcoin, the investor actually needs to be devoted in learning every details that can possibly make them have a successful Bitcoin investment. There are some people that invested when the price was high and they sold so quickly when the price dipped, not minding the lose they experience, meanwhile an experience investor will not sell their asset till a bull market season.

[SOKO-DEKE]

First of all it doesn't take much knowledge to start investing in Bitcoin. Gaining knowledge can be essential to prolong and secure your investment. Secondly, one of the fundamental main points of investment is the source of income. If you have no source of income then I think there is no need for you to invest. I don't think anyone would suggest investing if you have no source of income, there is no question of investing with debt. This may be an act of sheer folly. To invest you must first have a source of income, which is surplus after meeting your and your family's needs or an alternative source of income.

The basic knowledge is enough for someone to start investing in Bitcoin once their sources of information are reliable. This ensures that later, they will not think of selling their Bitcoin unnecessarily. One thing to consider when investing in Bitcoin is to have emergency money set aside. In case any emergency arises, one can solve it using the emergency funds. Many new investors end up selling off their Bitcoin just because they don't have emergency savings. In fact, some are forced to sell at a loss due to an emergency and lack other means of getting the money to solve the problem. Emergency savings are always a good backup for Bitcoin investment, as it is volatile in nature.

[Furious 7]

So in my opinion, besides needing knowledge and understanding, we also need to manage our finances in investing in bitcoin.

This is something that needs to be considered because after all, although investment is important, we must be able to understand that our financial management also needs to be considered so that we are not wrong in acting, especially when we talk about the investments we make.
This is so that we know the capacity of our finances and how much we have to set aside so that the investments we make do not hamper anything in the life we live. Many people make mistakes in this matter because they take more aggressive actions for the future but do not pay attention to their current conditions where the money that should be used for daily needs is actually used as an addition to the investments we make. Although it is indeed good for the long term, it is not very appropriate because we as much as possible should be able to stabilize what we need now (in the life we live now) with what we want to aim for in the future so that everything becomes balanced.

[red4slash]

Without a strategy, no results can be obtained in trading because trading has much greater difficulties compared to investing. In trading terms, strategy is actually needed because without understanding patterns we will suffer losses when trading, that's why trading is much more difficult than investing.

Regardless of the choice, whether it is trading or investing, of course there must be a strategy that we must think about because after all this is an important situation to pay attention to for the sustainability of what we want to achieve later.
Even though it is an investment, strategy is still an important thing because it is an initial benchmark of what we want to do where in this case we have to prepare financial conditions or what methods we will use to invest because seeing from what is happening now investment also needs careful thought about what method we want to choose. So that the initial strategy is important to keep us on the path that has been determined from the beginning so that we are not wrong in taking action and not going out of what we should do.

[Mr.right85]

I think the most beautiful thing about Bitcoin investments is the fact that, just anyone can go into it, it has zero restrictions and offers equal opportunity to just anyone and everyone.

Also, you get to choose how you approach it. Either you choose to be more of a risk taker or less of a risk taker by choosing to trade your coins or just buy and hold or perhaps become a miner.
This could also be related the capital you choose to invest with at certain point in time or regular intervals.

However, it’s important to have some basic knowledge of the field and how it operates. This becomes the foundations for which you can build a safe investment. You learn about Bitcoin, wallets, security and how to acquire them coins. It wouldn’t mean much should you buy only to lose it because your misinformed.

[legendbtc]

I think the most beautiful thing about Bitcoin investments is the fact that, just anyone can go into it, it has zero restrictions and offers equal opportunity to just anyone and everyone.

Also, you get to choose how you approach it. Either you choose to be more of a risk taker or less of a risk taker by choosing to trade your coins or just buy and hold or perhaps become a miner.
This could also be related the capital you choose to invest with at certain point in time or regular intervals.

But to invest in bitcoin we need money, without money you will never have the opportunity to buy bitcoin. Therefore, having a job and income is essential before thinking about investing in bitcoin.

However, it’s important to have some basic knowledge of the field and how it operates. This becomes the foundations for which you can build a safe investment. You learn about Bitcoin, wallets, security and how to acquire them coins. It wouldn’t mean much should you buy only to lose it because your misinformed.

To me, if we invest in bitcoin through other people's advice or just because of following people's trends and without basic knowledge then we are just gambling, not investing. A good investment is when we have knowledge and understanding about it regardless of the asset or sector we are investing in.

[Taskford]

First of all it doesn't take much knowledge to start investing in Bitcoin. Gaining knowledge can be essential to prolong and secure your investment. Secondly, one of the fundamental main points of investment is the source of income. If you have no source of income then I think there is no need for you to invest. I don't think anyone would suggest investing if you have no source of income, there is no question of investing with debt. This may be an act of sheer folly. To invest you must first have a source of income, which is surplus after meeting your and your family's needs or an alternative source of income.

The basic knowledge is enough for someone to start investing in Bitcoin once their sources of information are reliable. This ensures that later, they will not think of selling their Bitcoin unnecessarily. One thing to consider when investing in Bitcoin is to have emergency money set aside. In case any emergency arises, one can solve it using the emergency funds. Many new investors end up selling off their Bitcoin just because they don't have emergency savings. In fact, some are forced to sell at a loss due to an emergency and lack other means of getting the money to solve the problem. Emergency savings are always a good backup for Bitcoin investment, as it is volatile in nature.

People don't need to worry about they don't have enough experience to deal with bitcoin. What's more better they need to pay attention is on how they could start to invest on bitcoin. Since if they keep doing research and don't have confidence for their selves to start right away then I guess nothing gonna happen to them since its like they are delaying the whole process. I guess emergency funds should be consider less at first. Much better for them to settle up the funds intended to use for investment and once they calculate all possible percentage to use base on their earnings then by that they can start to pay attention to build up their emergency funds. What's more important is to start since for sure they provably got inspired more to do further research to increase their learnings also maybe to increase the size of their investment to get more better result in future.

[Mame89]

First of all it doesn't take much knowledge to start investing in Bitcoin. Gaining knowledge can be essential to prolong and secure your investment. Secondly, one of the fundamental main points of investment is the source of income. If you have no source of income then I think there is no need for you to invest. I don't think anyone would suggest investing if you have no source of income, there is no question of investing with debt. This may be an act of sheer folly. To invest you must first have a source of income, which is surplus after meeting your and your family's needs or an alternative source of income.

Yes, that's right. To start investing in bitcoin, you don't actually need complicated knowledge, we just need to deepen our knowledge about wallet security. Because bitcoin has been proven to be the safest investment for the long term. So we don't need to keep staring at the computer to see the market every day, because bitcoin has a cycle that can be a benchmark for us to hold it for how long to make a profit.

But in my opinion, in investing in bitcoin, besides having to have an income, we must also have a mentality and trust in bitcoin. Because this is important when the price is fluctuating which will disrupt our psychology so that panic occurs. So, indeed to start investing in bitcoin you don't need a lot of knowledge, but learning to be able to control your emotions is also much more important.

[Awaklara]

First of all it doesn't take much knowledge to start investing in Bitcoin. Gaining knowledge can be essential to prolong and secure your investment. Secondly, one of the fundamental main points of investment is the source of income. If you have no source of income then I think there is no need for you to invest. I don't think anyone would suggest investing if you have no source of income, there is no question of investing with debt. This may be an act of sheer folly. To invest you must first have a source of income, which is surplus after meeting your and your family's needs or an alternative source of income.

Yes, that's right. To start investing in bitcoin, you don't actually need complicated knowledge, we just need to deepen our knowledge about wallet security. Because bitcoin has been proven to be the safest investment for the long term. So we don't need to keep staring at the computer to see the market every day, because bitcoin has a cycle that can be a benchmark for us to hold it for how long to make a profit.

But in my opinion, in investing in bitcoin, besides having to have an income, we must also have a mentality and trust in bitcoin. Because this is important when the price is fluctuating which will disrupt our psychology so that panic occurs. So, indeed to start investing in bitcoin you don't need a lot of knowledge, but learning to be able to control your emotions is also much more important.

that's what beginners have a hard time having. there are still doubts for beginners and that makes them very easy to panic when facing the market.
capital they may have, basic knowledge may be learned. but the experience that makes the beginner's mentality believe that Bitcoin investment cannot be simply owned. because currently, more beginners think about profit only, they do not know the process to achieve investment success requires understanding and hard work.

[Moreno233]

I think the most beautiful thing about Bitcoin investments is the fact that, just anyone can go into it, it has zero restrictions and offers equal opportunity to just anyone and everyone.

Bitcoin was created with freedom as a major consideration that is why the attributes you mentioned are true, although depending on the jurisdiction because Bitcoin still remained banned in some countries. If not of the intervention by some governments, all you have said about investment in Bitcoin would have been universal and true.

Also, you get to choose how you approach it. Either you choose to be more of a risk taker or less of a risk taker by choosing to trade your coins or just buy and hold or perhaps become a miner.
This could also be related the capital you choose to invest with at certain point in time or regular intervals.

I think this is where people make mistake in Bitcoin investment, when they realize the ease of making profits, they tend to develop very poor mindset such as quest for quick profits and this often end up hurting their finances. I have noticed that the first major battle every Bitcoin investor usually face is the ability to resist the urge of quick profits. Beyond this stage is the time the investor will be able to make informed decision and adopt any of the notable Bitcoin accumulation approaches and also make plans for the future and stick with that plan.

Bitcoin is a beautiful asset for investment but when care is not taken and the right approach adopted, it can become a painful experience due to how heavy the loss can be. The volatility of Bitcoin is one factor that ensures that Bitcoin disciplines anyone who want to claim to be a master of Bitcoin in terms of trading and short term practices.

[lizarder]

Regardless of the choice, whether it is trading or investing, of course there must be a strategy that we must think about because after all this is an important situation to pay attention to for the sustainability of what we want to achieve later.
Even though it is an investment, strategy is still an important thing because it is an initial benchmark of what we want to do where in this case we have to prepare financial conditions or what methods we will use to invest because seeing from what is happening now investment also needs careful thought about what method we want to choose. So that the initial strategy is important to keep us on the path that has been determined from the beginning so that we are not wrong in taking action and not going out of what we should do.

You are right because both require a strategy when executing it, but a strategy in trading is much more needed because we are talking about speculative things that can change at any time. It's different when we carry out investments and the strategy is only used as a consideration to see the process of accumulating purchases according to what is desired. When investing, we must have a view of how to recognize potential coins and perhaps most people will choose Bitcoin as their chosen investment step.

Real action is needed in carrying out both capital preparation and procedures for someone entering the market to accumulate. Investments cannot be carried out if someone does not have a plan and this is where knowledge is needed so that someone does not suffer losses when carrying out them.

[red4slash]

Regardless of the choice, whether it is trading or investing, of course there must be a strategy that we must think about because after all this is an important situation to pay attention to for the sustainability of what we want to achieve later.
Even though it is an investment, strategy is still an important thing because it is an initial benchmark of what we want to do where in this case we have to prepare financial conditions or what methods we will use to invest because seeing from what is happening now investment also needs careful thought about what method we want to choose. So that the initial strategy is important to keep us on the path that has been determined from the beginning so that we are not wrong in taking action and not going out of what we should do.

You are right because both require a strategy when executing it, but a strategy in trading is much more needed because we are talking about speculative things that can change at any time. It's different when we carry out investments and the strategy is only used as a consideration to see the process of accumulating purchases according to what is desired. When investing, we must have a view of how to recognize potential coins and perhaps most people will choose Bitcoin as their chosen investment step.

Real action is needed in carrying out both capital preparation and procedures for someone entering the market to accumulate. Investments cannot be carried out if someone does not have a plan and this is where knowledge is needed so that someone does not suffer losses when carrying out them.

Therefore, there will be a lot of people who suggest investment because after all we must realize that investment will be much safer and more worth it to do especially for those who are just learning this compared to trading which in the end it can make us actually lose everything we have because of our inability to learn it which is only based on our intuition and belief in trading.

IMO in this case we have to know that in the end even though it must be all focused on the benefits we have in the end we also have to be aware of the risks and of course the worst possibilities that will occur so that when compared when trading and investing it is clear that investing will be much more worth it.

[Zackz5000]

The one beauty of bitcoin is that bitcoin makes you financial stable and in shorter period of time you can become millionaire or even billionaire so buy, buy, buy and hold, hold, hold.

Your impression can be very problematic expecially to newbies that will want to go into Bitcoin investment making them to believe that Bitcoin investment can make one to be a millionaire or billionaira in a short period of time very wrong, yes It is true that Bitcoin investment can make one to be financially stable but I don't believe it can be in shorter period of time and it is only those that want to gamble with there Bitcoin investment that will invest for a short time purpose for Bitcoin is best sighted for a long time purpose for an investor to be more successful in Bitcoin investment it depends on the amount of Bitcoin an investor was able to stack to hold for long period of time 4-10 and above. With the DCA strategy an investor can accumulate more Bitcoin either weekly or monthly inrespective of the price level and continue hodling with his discretionary income set aside to enable he or she not to sell out in a short period of time.

[Luizwalter Crypt]

One beauty about Bitcoin investment is that one doesn't have to stare at a computer all day.
 As many as 40% of American jobs expected workers to pretend to be working while staring at a computer screen and faking a frown, before earning benefits as salaries  from an investment of their time  spaning into years, all day long.

 Compared to how easy an investment in cryptocurrency would pay off well and is a sure hedge against inflation, be it by trading and using or not using bots and AI integrations or by DCA strategy in varying fractions or lump sum or by mining bitcoins and being so serious as to own a mining farm or by diversification of wealth into owning Bitcoin since made possible for large pocket investors too, with the spot ETF approval, it is just fascinating how a crypto investor wont spend as much time staring at their computer screen all day before they make or accumulate wealth by investment in cryptocurrency.

What is your opinion?

Op I think you are mistaking investment for a Job.
These are two different things all together. Jobs are tasks or services we render in exchange to being paid but investment is putting this money earned into work for the sole aim of creating another means of income. So the numerous investors in Bitcoin you claim doesn't strain to steer at their computers for hours daily to make their money are people who worked hard in the past, made enough money and invested part into Bitcoin.
So in my opinion, not few bitcoiners will escape working hard to save enough money to invest with and also must put themselves to work on researching about the investment opportunity were there money is to be invested in and not to act reckless with there hard earned money.

[GeorgeJohn]

One beauty about Bitcoin investment is that one doesn't have to stare at a computer all day.
 As many as 40% of American jobs expected workers to pretend to be working while staring at a computer screen and faking a frown, before earning benefits as salaries  from an investment of their time  spaning into years, all day long.

It depends the kind of bitcoin investment you're emphasizing on, because someone who involves into buying and selling of Bitcoin and it's more of interested in short term investment, I think that the person most monitor the movement of cryptocurrency investment because its profits or benefits during the investment lies on your observation, and you can't observe bitcoin without putting eye on the screen

Compared to how easy an investment in cryptocurrency would pay off well and is a sure hedge against inflation,

let me remind you should incase you don't know that comparing bitcoin investment and government empowerment opportunities is not proper, maintain any employment you secure and use your bitcoin investment as your side hustle, but so many of us doesn't understand in such way, taking bitcoin investment as your major source of income should be when you don't have something, but provided you have something doing I think the best thing to do is to make bitcoin investment as second source of income not major.

[Etranger]

The basic knowledge is enough for someone to start investing in Bitcoin once their sources of information are reliable. This ensures that later, they will not think of selling their Bitcoin unnecessarily. One thing to consider when investing in Bitcoin is to have emergency money set aside. In case any emergency arises, one can solve it using the emergency funds. Many new investors end up selling off their Bitcoin just because they don't have emergency savings. In fact, some are forced to sell at a loss due to an emergency and lack other means of getting the money to solve the problem. Emergency savings are always a good backup for Bitcoin investment, as it is volatile in nature.

Reliability of the source of information is not something easily achievable, because if it is not inside information, then everything really depends on interpretation and analysis. Some people do that better than others, that is why they earn on trading.

Having safe funds is of a high importance. After all, one should not trade with his last money, or with money that he can not afford to lose, because there is no way to restore this lost.