Cryptomultiplier (OP)
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August 18, 2024, 09:47:31 AM |
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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. Even at that, one can't just be glued to the computer or phone device screen or sleep on a signal account just because they want to make short term profit from the pump or dump or launch or activities of a particular cryptocurrency, of which in this case, am referring to Bitcoin. There's still going to be the need to setup and set in place what to monitor but it's not like one has to feign seriousness because they might not get paid or paid bonuses unlike regular 9-5 job before making some profit that's of immerse benefit as compared to this regular paying job.
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avp2306
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August 18, 2024, 09:52:40 AM |
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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. But sometimes its hard to adapt on riskier side of trading since this provably will give us lots of pressure since we need to pay to much attention on everything we do since one single mistake will cost a lot for us. That's why I always carry on the holding investment option since for what I think we are adapting a low stressful activities since we just need to set our targets then execute well those strategies introduce to us. Then continue to accumulate despite of whatever happen to the market. People doing this usually doesn't get much affected on each bull and bear situation since what's more important for them is the timeline they set for the investment option they choose. Although some don't have any patience to wait for long time before they can earn but for sure if they figure out that taking less risk is more better then they would settle up on holding just like other people who realize that trading is so risky.
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hyudien
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August 18, 2024, 01:42:12 PM |
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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. Even information obtained from the mainstream media often harms traders who decide to ignore information from other parties and end up making aggressive purchases as if they found the information earlier than anyone else. It is indeed not easy to absorb information about crypto or bitcoin. There are so many manipulations spread to deceive traders, in other words investors and traders buy while the information spreader is ready to sell. Responding to trading must be as realistic as possible and not involve emotions. The point is that reason leads you in every decision. Because everything concerns finances that are not easy to get back if you have experienced a loss.
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balotelli
Full Member
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Why Always Me,.
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August 18, 2024, 02:30:21 PM |
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One beauty about Bitcoin investment is that one doesn't have to stare at a computer all day.
This is an interesting opinion, but I have a question for you: Before you don’t have to stare at a computer all day, where do you get the money to invest in Bitcoin?
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What Was Your Reason On Earth?
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ChiBitCTy
Legendary
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August 18, 2024, 05:53:23 PM |
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"before earning benefits as salaries from an investment of their time spaning into years, all day long" can you explain what you mean by this? It doesn't really make sense..
I need a quick quote tool for certain things I say over and over each year .. Bitcoin is inherently NOT an investment and it's important to understand this people. It's become one, sure. But it's not inherently and its NOT a replacement for the stock market (no matter what anyone here thinks or says, they are wrong). Also, stating it's a sure hedge against inflation (it's not even close to gold in terms of a hedge asset) that it's always going to do well..this is simply not true, and not something you should be believing unequivocally . You're likely to get burned. It's WAY too early in it's life to think this way.
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lizarder
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August 21, 2024, 08:49:06 AM |
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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. Make a decision to carry out investment or trading in the right way and after the decision was made to learn so as not to give the wrong decision. When someone enters the world of crypto, they should have a picture of the decision taken because it aims not to stop when hope does not go as desired. Learning investment is much easier than trading but that does not mean trading cannot be learned because everything we want can be achieved when seriously learned. Take an easy approach first after that then learn to develop others such as trading because taking an easy approach will be far more profitable. Learn how to reduce the level of risk produced and most importantly do not be greedy and do not think of making fast money wherever we are because it is impossible to rely on inability and small capital.
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Solokan
Sr. Member
Offline
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Rollbit.com
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August 21, 2024, 11:36:21 AM |
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indeed investing in BTC is an easy thing we can do whatever we want, but of course investing in BTC can also be said to be not an easy thing because in my opinion, if we invest in BTC, of course we have to check market news and so on, especially for those who invest in BTC for the short term, of course we will continue to monitor price movements and others and it could be that the price of BTC has the potential to fall and if for example we don't monitor computers and so on then we will definitely miss out on making a profit because others have already sold it at a high price.
but on the one hand, investing in BTC is an easy thing, but as long as our buy BTC with money that is ready to be lost and only make BTC investment just a side business and of course the most appropriate thing is to invest for the long term, then investing for the long term will certainly makes us calm because after all the long-term potential investment BTC is a good thing considering the large supply and interest in BTC.
Yes, basically I agree with your opinion that investing in BTC is an easy thing, but in my opinion it will be easy and beautiful as long as it is accompanied by a lot of knowledge and insight.
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Tmoonz
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August 21, 2024, 01:10:44 PM |
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indeed investing in BTC is an easy thing we can do whatever we want, but of course investing in BTC can also be said to be not an easy thing because in my opinion, if we invest in BTC, of course we have to check market news and so on, especially for those who invest in BTC for the short term, of course we will continue to monitor price movements and others and it could be that the price of BTC has the potential to fall and if for example we don't monitor computers and so on then we will definitely miss out on making a profit because others have already sold it at a high price.
but on the one hand, investing in BTC is an easy thing, but as long as our buy BTC with money that is ready to be lost and only make BTC investment just a side business and [/b]of course the most appropriate thing is to invest for the long term, then investing for the long term will certainly makes us calm because after all the long-term potential investment BTC is a good thing considering the large supply and interest in BTC.[/b]
Yes, basically I agree with your opinion that investing in BTC is an easy thing, but in my opinion it will be easy and beautiful as long as it is accompanied by a lot of knowledge and insight.
Undoubtedly, Bitcoin investment is not a quick and get rich scheme which is an obvious fact thou anyone can do whatever they like but the truth must be told that buying and holding Bitcoin unlocks so many potentials outside the peace of mind it gives to grow your asset unlike for short term that is accompany by so much emotional devastation as a result of monitoring the market conditions, with a long term plan you don't have worry much about the market conditions after all your plans is to hold for long hence there is no reason panicking rather it gives you all the time working your way up.
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Onyeeze
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August 21, 2024, 01:44:48 PM |
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indeed investing in BTC is an easy thing we can do whatever we want, but of course investing in BTC can also be said to be not an easy thing because in my opinion, if we invest in BTC, of course we have to check market news and so on, especially for those who invest in BTC for the short term, of course we will continue to monitor price movements and others and it could be that the price of BTC has the potential to fall and if for example we don't monitor computers and so on then we will definitely miss out on making a profit because others have already sold it at a high price.
but on the one hand, investing in BTC is an easy thing, but as long as our buy BTC with money that is ready to be lost and only make BTC investment just a side business and of course the most appropriate thing is to invest for the long term, then investing for the long term will certainly makes us calm because after all the long-term potential investment BTC is a good thing considering the large supply and interest in BTC.
Yes, basically I agree with your opinion that investing in BTC is an easy thing, but in my opinion it will be easy and beautiful as long as it is accompanied by a lot of knowledge and insight.
Already bitcoin investment is all about knowledge and I know very well that bitcoin has to do with duration and knowledge, if you don't know when to invest and make profits for bitcoin investment you can't be a successful bitcoin investors, what I know is that bitcoin investors knows that investing in Bitcoin you most have timing at first, because when people hear that the price of bitcoin is increasing and it's that time they will invest in Bitcoin and make profit, and at that point the price of bitcoin can neither decrease in values, that's what people don't know of bitcoin, some invest and lost and some invest and make profit for the investment depends how long your investment took to stay.
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SmartCharpa
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August 21, 2024, 04:41:20 PM |
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Already bitcoin investment is all about knowledge and I know very well that bitcoin has to do with duration and knowledge, if you don't know when to invest and make profits for bitcoin investment you can't be a successful bitcoin investors, what I know is that bitcoin investors knows that investing in Bitcoin you most have timing at first, because when people hear that the price of bitcoin is increasing and it's that time they will invest in Bitcoin and make profit, and at that point the price of bitcoin can neither decrease in values, that's what people don't know of bitcoin, some invest and lost and some invest and make profit for the investment depends how long your investment took to stay.
Are you saying that someone needs time and knowledge to invest in Bitcoin even if they have the money to do so? If so, I don't believe waiting for the perfect moment to invest in Bitcoin is necessary in order to start making a profit. Investing in Bitcoin requires knowledge and funds that have no impact on other needs because short-term investments are risky and could result in losses, however, investing for the long term doesn't concern losses, if you can't afford to lose money, don't invest for the short term, however, investors in Bitcoin don't wait for the market to rise before adding more to their holdings, whether the market is rising or falling, they buy as much as they can because they believe in Bitcoin and won't lose the money.
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red4slash
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August 21, 2024, 07:02:49 PM |
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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. Make a decision to carry out investment or trading in the right way and after the decision was made to learn so as not to give the wrong decision. When someone enters the world of crypto, they should have a picture of the decision taken because it aims not to stop when hope does not go as desired. Learning investment is much easier than trading but that does not mean trading cannot be learned because everything we want can be achieved when seriously learned. Take an easy approach first after that then learn to develop others such as trading because taking an easy approach will be far more profitable. Learn how to reduce the level of risk produced and most importantly do not be greedy and do not think of making fast money wherever we are because it is impossible to rely on inability and small capital. The problem is that this kind of decision requires a straightforward thought from the start and this is difficult to happen, especially for beginners who are sometimes a little difficult to force to think like this. I felt that when I was at the beginning considering the simple thought of being in crypto then everything will benefit and this thought is always created even almost for everyone because we are too blinded by the benefits to not want to see the real risks when in crypto. The initial approach is important and indeed the choice to make an investment is the easiest thing compared to trading although doing so is not as easy as imagined but certainly to compare trading and investing then for those who are new to crypto then it would be better to be in investment because although the risk remains but this is much lower than trading.
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JayJuanGee
Legendary
Offline
Activity: 3892
Merit: 11147
Self-Custody is a right. Say no to"Non-custodial"
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August 21, 2024, 08:01:07 PM |
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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. Make a decision to carry out investment or trading in the right way and after the decision was made to learn so as not to give the wrong decision. When someone enters the world of crypto, they should have a picture of the decision taken because it aims not to stop when hope does not go as desired. Learning investment is much easier than trading but that does not mean trading cannot be learned because everything we want can be achieved when seriously learned. Take an easy approach first after that then learn to develop others such as trading because taking an easy approach will be far more profitable. Learn how to reduce the level of risk produced and most importantly do not be greedy and do not think of making fast money wherever we are because it is impossible to rely on inability and small capital. The problem is that this kind of decision requires a straightforward thought from the start and this is difficult to happen, especially for beginners who are sometimes a little difficult to force to think like this. I felt that when I was at the beginning considering the simple thought of being in crypto then everything will benefit and this thought is always created even almost for everyone because we are too blinded by the benefits to not want to see the real risks when in crypto. The initial approach is important and indeed the choice to make an investment is the easiest thing compared to trading although doing so is not as easy as imagined but certainly to compare trading and investing then for those who are new to crypto then it would be better to be in investment because although the risk remains but this is much lower than trading. Presumptively you are talking about bitcoin, yet I don't know why you are choosing to use such a vague and misleading term like "crypto" since who the fuck knows what you might be talking about when you use that kind of a term, so the mere fact that you chose to use the term crypto instead of bitcoin causes me to speculate that you might not know what bitcoin is or what is the difference, especially since you seem to that being in bitcoin or thinking about bitcoin can be described as being in "crypto"..... sounds pretty vague to me, unless you were just trying to sound smart by using the word crypto rather than bitcoin, but it doesn't really make you sound smarter, it makes you sound like a person trying to sound smart.. like we hear a lot of mainstream media pundits or some vague mainstream media articles that avoid using the word bitcoin, either because they don't know, or they are trying to be deceptive to fail/refuse to help their listeners(readers) to be able to consider bitcoin in terms of its real position.. and yeah sure it sucks to sometimes have to say bitcoin and crypto or say crypto and not bitcoin or whatever level of specificity, but anyone trying to not be misleading about bitcoin should be avoiding vague and potentially misleading references, and when we hear some pundit on TV or in an article fail to clarify what he means (even if he uses the term crypto), then we should be questioning their knowledge and/or their intentions.
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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boty
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August 21, 2024, 11:41:38 PM |
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Already bitcoin investment is all about knowledge and I know very well that bitcoin has to do with duration and knowledge, if you don't know when to invest and make profits for bitcoin investment you can't be a successful bitcoin investors, what I know is that bitcoin investors knows that investing in Bitcoin you most have timing at first, because when people hear that the price of bitcoin is increasing and it's that time they will invest in Bitcoin and make profit, and at that point the price of bitcoin can neither decrease in values, that's what people don't know of bitcoin, some invest and lost and some invest and make profit for the investment depends how long your investment took to stay.
Are you saying that someone needs time and knowledge to invest in Bitcoin even if they have the money to do so? If so, I don't believe waiting for the perfect moment to invest in Bitcoin is necessary in order to start making a profit. Investing in Bitcoin requires knowledge and funds that have no impact on other needs because short-term investments are risky and could result in losses, however, investing for the long term doesn't concern losses, if you can't afford to lose money, don't invest for the short term, however, investors in Bitcoin don't wait for the market to rise before adding more to their holdings, whether the market is rising or falling, they buy as much as they can because they believe in Bitcoin and won't lose the money. We think it will depend very much on a person's ability to understand the risks of the investment and they can do it whenever they are able because without having funds that they can maintain for a long time it will be difficult for someone to make a profit from investing in Bitcoin, when someone decides to invest their funds of course they must have a plan before making an investment and also must have funds for their needs, do not let them invest all the funds they have and when they experience a need that they do not expect they have to take back the money they have invested in any case and in this case it is very likely that we will experience losses.
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NotATether
Legendary
Offline
Activity: 1778
Merit: 7372
Top Crypto Casino
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August 22, 2024, 07:14:53 AM |
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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.
The so-called office jobs. Where a lot of the work that employees are supposed to be doing are slowed down by unexpected delays with management, other co-workers, and the office in general. But let's not pretend that all those 40% of people are pretending to be working and just looking at a screen, most of them have to actually be doing stuff or they will get fired.
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lizarder
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August 22, 2024, 01:11:36 PM |
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The problem is that this kind of decision requires a straightforward thought from the start and this is difficult to happen, especially for beginners who are sometimes a little difficult to force to think like this. I felt that when I was at the beginning considering the simple thought of being in crypto then everything will benefit and this thought is always created even almost for everyone because we are too blinded by the benefits to not want to see the real risks when in crypto.
The initial approach is important and indeed the choice to make an investment is the easiest thing compared to trading although doing so is not as easy as imagined but certainly to compare trading and investing then for those who are new to crypto then it would be better to be in investment because although the risk remains but this is much lower than trading. Mindsets are embedded because they are based on the knowledge we learn and if on the contrary they are present in investment for the reason that we can reap quick profits by relying on small capital, that is a fundamental mistake. Most beginners are deceived by what they see and do not learn the process of how investment success can be achieved through the right knowledge. In the past, I also thought about how to make money quickly by relying on small capital, but my thinking was wrong and there is no place like that in this world. After getting to know Bitcoin, my life is much more rational, where the idea of making money depends on the knowledge and capital we have. In the context of investment and trading, both have different characteristics, although the end result is both seeking profit, but if there is no good knowledge, both will be difficult to implement. For me, investing is much easier to learn because it doesn't require a lot of knowledge because the most important thing is courage and knowing the bitcoin journey process is more than enough.
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Onyeeze
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August 22, 2024, 01:51:04 PM |
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Are you saying that someone needs time and knowledge to invest in Bitcoin even if they have the money to do so? If so, I don't believe waiting for the perfect moment to invest in Bitcoin is necessary in order to start making a profit. Investing in Bitcoin requires knowledge and funds that have no impact on other needs because short-term investments are risky and could result in losses, however, investing for the long term doesn't concern losses, if you can't afford to lose money, don't invest for the short term, however, investors in Bitcoin don't wait for the market to rise before adding more to their holdings, whether the market is rising or falling, they buy as much as they can because they believe in Bitcoin and won't lose the money.
If you don't understand bitcoin and it's kinds increment in value and you invest you will up regretting of making a research, you have your funds to invest and you don't know application you will apply to invest in bitcoin, I know that investing in Bitcoin you need to know about it first, what makes people to complain of loss everytime in bitcoin is due to they are unable to understand the ways of bitcoin, yes bitcoin required knowledge, because you most have a target for any value of your bitcoin investment, properly what you need to know first before you invest is the time to invest that will be profitable for you and when to invest for you not be profitable for you.
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Frankolala
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August 22, 2024, 05:25:33 PM |
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Are you saying that someone needs time and knowledge to invest in Bitcoin even if they have the money to do so? If so, I don't believe waiting for the perfect moment to invest in Bitcoin is necessary in order to start making a profit. Investing in Bitcoin requires knowledge and funds that have no impact on other needs because short-term investments are risky and could result in losses, however, investing for the long term doesn't concern losses, if you can't afford to lose money, don't invest for the short term, however, investors in Bitcoin don't wait for the market to rise before adding more to their holdings, whether the market is rising or falling, they buy as much as they can because they believe in Bitcoin and won't lose the money.
If you don't understand bitcoin and it's kinds increment in value and you invest you will up regretting of making a research, you have your funds to invest and you don't know application you will apply to invest in bitcoin, I know that investing in Bitcoin you need to know about it first, what makes people to complain of loss everytime in bitcoin is due to they are unable to understand the ways of bitcoin, yes bitcoin required knowledge, because you most have a target for any value of your bitcoin investment, properly what you need to know first before you invest is the time to invest that will be profitable for you and when to invest for you not be profitable for you. Anytime that you invest in bitcoin will be profitable as long as you grow and build your bitcoin investment to your target and hodli for long. There is no proper or best time to buy bitcoin because every time is the best time to buy bitcoin either during the bear market, the bull run or correction period. What will give you profit is the size of your bitcoin portfolio and how long that you have hodli. It is not compulsory for you to buy a big amount of bitcoin but you can buy with little amount regularly and grow your bitcoin portfolio gradually overtime with DCA method because that gives you the advantage of buying bitcoin irrespective of the price at that moment.
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Moreno233
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August 22, 2024, 09:26:39 PM |
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Are you saying that someone needs time and knowledge to invest in Bitcoin even if they have the money to do so? If so, I don't believe waiting for the perfect moment to invest in Bitcoin is necessary in order to start making a profit. Investing in Bitcoin requires knowledge and funds that have no impact on other needs because short-term investments are risky and could result in losses, however, investing for the long term doesn't concern losses, if you can't afford to lose money, don't invest for the short term, however, investors in Bitcoin don't wait for the market to rise before adding more to their holdings, whether the market is rising or falling, they buy as much as they can because they believe in Bitcoin and won't lose the money.
If you don't understand bitcoin and it's kinds increment in value and you invest you will up regretting of making a research, you have your funds to invest and you don't know application you will apply to invest in bitcoin, I know that investing in Bitcoin you need to know about it first, what makes people to complain of loss everytime in bitcoin is due to they are unable to understand the ways of bitcoin, yes bitcoin required knowledge, because you most have a target for any value of your bitcoin investment, properly what you need to know first before you invest is the time to invest that will be profitable for you and when to invest for you not be profitable for you. Your emphasis on knowledge makes it appear like an investor must be an expert in Bitcoin to be invested in it, this I completely disagree with because the level of success an investor make in Bitcoin is not proportional to the level of knowledge of Bitcoin he has acquired. Don't be surprised that someone with just basic knowledge of Bitcoin but understand the power of building wealth with time will do far better than someone with high technical knowledge of Bitcoin but does not fully grasp the power of wealth building. In other words, a true investor who have done well in other areas of investment, especially instruments that require years to break even before generating profit, will most likely appreciate the long term requirements for better profitability of Bitcoin and will act better than someone without this understanding. So, what is require to succeed in Bitcoin is basic knowledge of Bitcoin and a sound mindset about wealth creation which will always require time because no true wealth is built overnight.
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m2017
Legendary
Offline
Activity: 1988
Merit: 1402
Playbet.io - Crypto Casino and Sportsbook
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August 22, 2024, 09:48:34 PM |
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One beauty about Bitcoin investment is that one doesn't have to stare at a computer all day.
The same "beauty" is inherent in investments in any securities from the stock market. Having bought shares of, say, Google or Apple 10-15 years ago, you could "forget" about it until today. In my opinion, in this regard, bitcoin doesn't offer anything fundamentally new. 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.
In my opinion, not 40%, but 100% of traders not only in America, but all over the world continue to do the same thing to this day. 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.
The "fate" of a BTC-investor is not as simple and rosy as it may seem to many newcomers. In this industry, as with any investment, you have to keep your " finger on the pulse" of what is happening not only in the crypto industry itself, but also in world events that are directly reflected in the financial consequences on the bitcoin.
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GiftedMAN
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August 22, 2024, 10:26:39 PM |
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Already bitcoin investment is all about knowledge and I know very well that bitcoin has to do with duration and knowledge, if you don't know when to invest and make profits for bitcoin investment you can't be a successful bitcoin investors, what I know is that bitcoin investors knows that investing in Bitcoin you most have timing at first, because when people hear that the price of bitcoin is increasing and it's that time they will invest in Bitcoin and make profit, and at that point the price of bitcoin can neither decrease in values, that's what people don't know of bitcoin, some invest and lost and some invest and make profit for the investment depends how long your investment took to stay.
Are you saying that someone needs time and knowledge to invest in Bitcoin even if they have the money to do so? Yes, for you to be successful in bitcoin investment, you need time to undergo the learning process so that you will be knowledgeable about bitcoin before investing otherwise you will succeed in doing your investment since you have the finance but you will find it difficult to understand the market since you have zero knowledge on bitcoin investment. This is applicable to other kinds of investments you can't venture into things without making good findings about what and what you need to do to be successful in that area so it is advisable to either have a little knowledge before choosing to invest in anything not just bitcoin to avoid losses that may affect the capital of the investor.
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