NECESSITY TO LOWER EXPECTATIONS ON BITCOIN INVESTMENT.

[Uhwuchukwu53]

This discussion touched me most time I do hear some people who condemned Bitcoin after fallen victim of scam deem it necessary to bring this kind of information here.

Today new investor and adopters of Bitcoin and crypto with less knowledge on the ecosystem whose expectations is very high get stock along the road after investing that leads to:
1. Disappointment
2. Anger
3. Discouragement
4. Frustrations and many more to mention which has course many misinformation to others investors or newbies who interest is to invest in Bitcoin.

It's advisable to first lower expectations while seeking to invest in Bitcoin with this first principle knowledge of Bitcoin not a quick to get rich scheme because misconception of many viewing Bitcoin as quick to get rich has caused them a victim of scammers as they think the system can double their investment overnight.
Bitcoin yield interest on investment made but not as fast as many expect, it required patients and long term holding, it's note worthy that to strife on Bitcoin investment an investor need have other sources of income and seek to diversify where necessary which will eliminate rush to sell off it's asset or been decieve by any who claim to double it's investment within a short time period, as long term holding is the code of succeeding and making any high expectations comes through. Any whose seek to invest in Bitcoin need first seek good knowledge to scale through as enhanced knowledge and idea make everything easy on Bitcoin investment.

[Dailyscript]

It's not good to lower expectations, and it's not appropriate to have too many expectations. Before an investor invests in Bitcoin, it is important to know that Bitcoin is like a two-sided coin. It goes up and it goes down. If one expects to get rich just immediately he investing in Bitcoin then he is confusing it with gambling. Bitcoin is not bound by luck, there are disciplines to be applied before one can be successful in the investment. Strategy, consistency, limiting unnecessary spending, and so many others. If these things are not put into concentration there will be hindrances to investment.

[Marvelockg]

It's not about lowering your expectations but knowing how Bitcoin works and fitting your investment goals to it. If you're expecting Bitcoin to all of a sudden bring you out of poverty just because you invested a small amount into Bitcoin, your expectations will certainly be cut short and you're bound to sell your Bitcoin in loss.

Viewing Bitcoin investment as a long-term investment is the best way that will not allow you to be too expectant  of how much profit you will gain from your Bitcoin. Volatility is a constant and as an investor, you have a very minimal role to play as long as what's going to be the price of Bitcoin in the short run. It's only short minded people that want Bitcoin to get to an outrageous amount because of what they expect to get out of their investments. If you're a long term investor you will be very relaxed regardless of the momentary volatility that might take place

[Cryptomultiplier]

Any oldie knows that the best way to earn from cryptocurrency in general is to trade, HODLing for long term. This is a fact because as Bitcoin stands as the first and foremost crypto to have gained success and have opened the way for other cryptos, the best way to earn from it, remains to hold long term. 

Am sure that by now you should know that the expectation on such an investment in Bitcoin for long term is going to be possible.

[Miles2006]

Normally who understand bitcoin investment go know say na gradual process, make we understand wetin be bitcoin first but I no think say people wey Dey lose no know about the knowledge rather na quick profit. Nothing bad for person to find profit definitely na why people dey invest, it’s becoming obvious na why the scam practice dey grow when them find out say something get popularity like bitcoin the center of attraction naso all alternative go come to scam people collect their coins. Wetin op talk na true, excess bitcoin expectation fit bring unnecessary mindset meanwhile bitcoin market no dey like other crypto market, bitcoin investment wey dey lead to discouragement and lose dey very rare and na people wey no understand go fall.

[Troytech]

It's not about lowering your expectations but knowing how Bitcoin works and fitting your investment goals to it.

Your right. The reason why people have so much expectation is that they dont know how Bitcoin works.

They are filled with the delusion on the fact that if anyone invests in Bitcoin they will be rich. If you check online, there are fake video resources, and people who are influencing Bitcoin to be the cryptocurrency that will turn one from poor to rich but they dont say the truth that one has to learn about Bitcoin. It's so annoying how they will preach the good news and dont share the rules, technical know-how, dos and dont of Bitcoin. While it's so annoying people just want to hear what they want to hear. They want to hear the easy part and forget about the difficult part.

The easy part is 'Invest your little money' while the hard part is 'learn about Bitcoin'.

[CryptoHeadlineNews]

Any whose seek to invest in Bitcoin need first seek good knowledge to scale through as enhanced knowledge and idea make everything easy on Bitcoin investment.

Yes, it's true that before investing in Bitcoin, it's good for newbies to have a brief knowledge about how it works and operate, knowing fully well it's not a "Get rich quick scheme" which was the major reasons why many people fell into scam back in those days when it's not got very popular. However, there are three simple rules about having success in Bitcoin investment, and they are;
First; Grab the basic knowledge about Bitcoin, how it works and (Price movement & volatile nature).
Second; Invest an amount you can always afford to lose, don't go and borrow money to invest in Bitcoin, with the intention you will generate 2x or 10x within a certain period of time.
Thirdly; Strive to hold on to your coin for long term (HODL).

[iBaba]

It's not about lowering your expectations but knowing how Bitcoin works and fitting your investment goals to it.

Your right. The reason why people have so much expectation is that they dont know how Bitcoin works.

They are filled with the delusion on the fact that if anyone invests in Bitcoin they will be rich. If you check online, there are fake video resources, and people who are influencing Bitcoin to be the cryptocurrency that will turn one from poor to rich but they dont say the truth that one has to learn about Bitcoin. It's so annoying how they will preach the good news and dont share the rules, technical know-how, dos and dont of Bitcoin. While it's so annoying people just want to hear what they want to hear. They want to hear the easy part and forget about the difficult part.

The easy part is 'Invest your little money' while the hard part is 'learn about Bitcoin'.

The advice will always remain that people need to be sensitized on what bitcoin stands for and how the bitcoin system works generally. I still wonder the kind of laziness some people go around with wanting to make big money with little or no efforts in the learning process. As a bitcoin investor, you will need to learn how the market operates in favor of your investments and how you can earn money from your investments when investing.

Being it a short term investment or a long term one, one must learn about the risks involved in investing and high volatility and price fluctuations over short period of time. The person also needs basic understanding of Bitcoin investment approaches such as the DCA approach and the Lump Sum. He also needs to know that Bitcoin is not a get rich quick scheme as many newbies have taken it to be.

[Adbitco]

This discussion touched me most time I do hear some people who condemned Bitcoin after fallen victim of scam deem it necessary to bring this kind of information here.

Today new investor and adopters of Bitcoin and crypto with less knowledge on the ecosystem whose expectations is very high get stock along the road after investing that leads to:
1. Disappointment
2. Anger
3. Discouragement
4. Frustrations and many more to mention which has course many misinformation to others investors or newbies who interest is to invest in Bitcoin.

What i mostly understand here is desperateness to make profits from bitcoin and if all these are eliminated you would see that it could be very hard for someone to be thinking or having this mentality that bitcoin is a quick get rich scheme which I don't encourage any one to think so.

Bitcoin is not a fast growing money were they would sink a specific amount and having that mindset of receiving back in folds, if they are so careless and reckless in a way that they fell into scam then it's their fault because bitcoin as I know is not invested in such place rather one can buy bitcoin through exchange or trusted p2p provider here to hold in their wallet and not in any platform.

There have been several news of bitcoin scam and many more which they aren't supposed to fall victim to any because it has been widely been preached about security aspect of investment and to avoid such investment or anyone who promised to get 100 percent of their investment is to be avoided because no one gives back 100 percent investment within 24hr of their investment.