My advice on investing in Bitcoin

[RockBell]

I totally disagree with what you just said above, because inasmuch as Bitcoin is known to be a volatile decentralized digital currency, it doesn't make it totally risky as it seems as compared to the risky involved in gambling and forex trading where it's either you win or lose while placing a bet in gambling or executing a trade in forex, unlike Bitcoin investment where the value of your money in respect to dollar can either rise or fall, depending on the demand and supply of Bitcoin. However, Bitcoin will remain the best investment for long term investors, instead of keeping it in the bank where it will literally yield little or no profit after several years.

And not only bitcoin but there is a lot of sector thay actually involves risk as far as bitcoin is concerned and there are aspects in bitcoin that involves risk when it comes to trading futures and a lot more people have to come to an understanding that every invest have risk and how you manage it is what matters and the issue of volatility it more of a concern for those that are holding because of its nature some people count it to be a risk but that is not even the main risk.

And when you talk about forex and that is another means of gambling and anything that includes gambling is always very risky, and people need to learn to manage it properly it might come with good profit at times but takes more than you think and me I still prefer crypto than forex because crypto comes with a lot of benefits unlike forex.

And no matter what I will still prefer to do bitcoin over forex and everyone knows exactly what they need to do in other to make money there are people that are very good when it comes forex.

[CryptoHeadlineNews]

I totally disagree with what you just said above, because inasmuch as Bitcoin is known to be a volatile decentralized digital currency, it doesn't make it totally risky as it seems as compared to the risky involved in gambling and forex trading where it's either you win or lose while placing a bet in gambling or executing a trade in forex, unlike Bitcoin investment where the value of your money in respect to dollar can either rise or fall, depending on the demand and supply of Bitcoin. However, Bitcoin will remain the best investment for long term investors, instead of keeping it in the bank where it will literally yield little or no profit after several years.

And not only bitcoin but there is a lot of sector thay actually involves risk as far as bitcoin is concerned and there are aspects in bitcoin that involves risk when it comes to trading futures and a lot more people have to come to an understanding that every invest have risk and how you manage it is what matters and the issue of volatility it more of a concern for those that are holding because of its nature some people count it to be a risk but that is not even the main risk.

No doubt, there are people who are good at managing risk in every of these sectors, be it either forex trading or gambling, but still on the contrary, what I'm still trying to point out to is that investing in Bitcoin alone without any attempt to trade is not risky as it seems. Because inasmuch as it's price value in dollar may fall at some point (i.e from $90k per BTC to $70k per BTC), one thing that remains certain is that it always bounces back as long as you are able to hold and wait for that longer timeframe. Which is why I emphasize that the risk involved in Bitcoin holding is minimal, as you always stand the chance of recovery back or even more, your last funds.  Because 1 Bitcoin will always remain 1 Bitcoin, but it is only it's price value in dollar that will always fluctuate up and down.

[ronin445]

There were two options.
up or down
but this will be a long term invesment , minumum 2-3 years.

[Oluwa-btc]

So what is your advice? That advice is from an expert but people should not just use the advice but they must research before they start invest in Bitcoin.

My advice for beginner, they can use DCA method to start investing in Bitcoin. By using DCA method, you don't have to think where the market will moves but you only focus with your Bitcoin investment. You can buy Bitcoin on schedule and constantly for some terms you want and you know when you can stop your buying.

Investing in Bitcoin is a personal decision so we must learn before we decide. That is our responsibility so we should also learn about the risk.

Every other procedure involved in Bitcoin and Bitcoin investment should be thoroughly researched on and navigated to avoid unamenable risks.One of Bitcoin's feature is transparency and same thing applies to your personal investment choices.The possibility of having a successful and stress free Bitcoin investments transaction is underrated without proper research and findings.

[NewRanger]

Every other procedure involved in Bitcoin and Bitcoin investment should be thoroughly researched on and navigated to avoid unamenable risks.One of Bitcoin's feature is transparency and same thing applies to your personal investment choices.The possibility of having a successful and stress free Bitcoin investments transaction is underrated without proper research and findings.

If we like trading, the conditions are definitely not the same and not all traders can do the same thing as us in reality it is still visible and happens whether most of their traders trade carelessly and want instant money from the market until they finally forget the trading or investment plan.

Yes. whatever it is we are always faced with two things when running an investment that the market has two phases, bullish and bearish so when facing bearish the only thing to do is prepare a position to get a decline and accumulate our coins whether DCA or manual.

[Adams0001]

I totally disagree with what you just said above, because inasmuch as Bitcoin is known to be a volatile decentralized digital currency, it doesn't make it totally risky as it seems as compared to the risky involved in gambling and forex trading where it's either you win or lose while placing a bet in gambling or executing a trade in forex, unlike Bitcoin investment where the value of your money in respect to dollar can either rise or fall, depending on the demand and supply of Bitcoin. However, Bitcoin will remain the best investment for long term investors, instead of keeping it in the bank where it will literally yield little or no profit after several years.

And not only bitcoin but there is a lot of sector thay actually involves risk as far as bitcoin is concerned and there are aspects in bitcoin that involves risk when it comes to trading futures and a lot more people have to come to an understanding that every invest have risk and how you manage it is what matters and the issue of volatility it more of a concern for those that are holding because of its nature some people count it to be a risk but that is not even the main risk.

And when you talk about forex and that is another means of gambling and anything that includes gambling is always very risky, and people need to learn to manage it properly it might come with good profit at times but takes more than you think and me I still prefer crypto than forex because crypto comes with a lot of benefits unlike forex.

And no matter what I will still prefer to do bitcoin over forex and everyone knows exactly what they need to do in other to make money there are people that are very good when it comes forex.

Anything about cryptocurrency is all about risk, and only bitcoin will reduce your risk when it comes to investing; the others are high risk, and if you don't do enough research on them, you will struggle to succeed. When you've been holding Bitcoin for a long time and find that the price hasn't reached your aim or has actually decreased, you decide to sell it. When you sold it, he had already lost. it is completely become risk since you invest as risk because is erratic, you don't know how he will be in the next futures Anything investment you do and you didn't know is end is a risk investment, he will just be two options the price increases and get profit or he decrease and lose.

forex trading is the main risky and if you don't want to lose your money as a beginner, it is better to invest in bitcoin. Before you begin, you should conduct research on forex trading. Anyone who is successful in trading did not start from scratch, it took him a long time to succeed, and he faced many challenges and losses before becoming a professional, but if you don't want to go through all of this, just stay on bitcoin and leave it for a long time, and you will make a nice profit when the price is moving well. And when you declared you will do both, you will undoubtedly meet problems and will lose before you can be perfect. because by losing you will be getting more experience about it. The decision will remains what favour you most.

[xiamin]

There were two options.
up or down
but this will be a long term invesment , minumum 2-3 years.

You should invite more time to invest which will make your chances of becoming rich higher. Keep extra money from your daily household expenses to collect Bitcoin and keep it for 4 years. The strategy of DCAing method in depositing Bitcoin with consistency will increase your holdings and you can cheer with the whole family. Bitcoin will be considered the best investment medium for financial security through legitimate investment and you have the possibility of becoming a successful investor.

[hero_the_bossman]

There were two options.
up or down
but this will be a long term invesment , minumum 2-3 years.

You should invite more time to invest which will make your chances of becoming rich higher. Keep extra money from your daily household expenses to collect Bitcoin and keep it for 4 years. The strategy of DCAing method in depositing Bitcoin with consistency will increase your holdings and you can cheer with the whole family. Bitcoin will be considered the best investment medium for financial security through legitimate investment and you have the possibility of becoming a successful investor.

Some buy in big chunks, some - DCA. The result would remain the same (albeit it would differ from person to person), - green PNL, investment without a nerve put in it, and a great time in the long run.
DCA is a more stable option, that's all.

[yudi09]

-snip- ..., but experienced investors like Douglas Boneparth prefer to hold bitcoin directly, for more control and security.

I don't know Douglas Boneparth, but holding Bitcoins in a hardware wallet that is not connected to the internet is the best way. It's up to people where they want to buy Bitcoins, the most important thing is that after the purchase process is complete, it is immediately transferred to a hardware wallet. This is more of a safe way and full control.
For other matters that are still in the corridor of Bitcoin investment, I follow the best methods of those who have mentioned in their posts on this topic.

[summonerrk]

According to the latest news, whales have started selling bitcoins, and they started doing this in September, but now they have accelerated. And this is the third day of really active decline. I have always advised against buying at the price high, and 100k has always seemed like such a value to me, and now we see why.
Nevertheless, there is a strong support level of 90k ahead, and everyone who wants to invest now can take a closer look at it, because this level has not been broken several times.

[Tobi001]

It should be the way of investing Bitcoin. Everyone should hold their own Bitcoin directly and not from all of those other way of investing indirectly to Bitcoin. But that's true, they're very beginner friendly and they're trusted just as how people trust them on investing that way. And as everyone is encouraged to buy and hold their own Bitcoin, if you want it to be secured then choose a hardware wallet that where you can hold it to. But there is nothing wrong if an investor wants to invest also into those ETFs.

Bitcoin mining is the basic way you can grow your bitcoin .The primary purpose of mining is to allow Bitcoin nodes to reach a secure, tamper-resistant consensus. Mining is also the mechanism used to introduce bitcoins into the system. Miners are paid transaction fees as well as a subsidy of newly created coins, called block rewards.
So Bitcoin is very unique and vital for income.

[johnnyyash]

i strongly believe that investing in bitcoin is a better option, but one has to be extra careful when investing ...not investing huge but with minimal, so it can be balanced and have something to hold on to....

[MamBp9]

I will  say that not to understand the bitcoin will not invest. Before, the market will be understand then the market will sell rose up the bitcoin and the market will buy down the market. However, you have to invest your owner of the asseat 1 or 2 percentage.