A newbie shouldn't think of profit making but building up Bitcoin portfolio

[DaNNy001]

I agree, Bitcoin isn't just an investment that grows overnight, as a newbie you must be focused on gaining knowledge and building your portfolio gradually...you can't be financially stable with Bitcoin overnight, people who think like this usually have unrealistic expectations...it's possible to get rich with Bitcoin but that shouldn't be your aim when you are starting your journey, focus more on building one step at a time

[Jessie2121]

Some of these our advice we dey give each other concerning Bitcoin investment matter e go I no go lie but the problem be say the new ones wey wan join or wey don join the investment matter them dey really take note of all these ideas? Bitcoin progress no be something wey person go just wake up one morning say today I must make am through bitcoin but na time patience and the way we use our head to understand am because if we fail to understand am we don already set to fail badly and na why them say get mentor as in person wey sabi pass you no be to just run enter go waste money like that, na why many people go say them don loss well well for this kind investment and some people too wetin them hear about the investment no be wetin them go see na why the believe and trust for anything bitcoin related go just die off, nai make I say before we introduce person to this kind crypto investment full information nai go help many continue to do the needful to succeed and grow.

[Egii Nna]

As a newbie that has joined Bitcoin newly should never have the mindset of making a quick profit at the earliest stage of his Bitcoin journey than to remain focused on how he can build up his Bitcoin portfolio, because bitcoin required enough patient, time and hard working in order not to be discourage when you think you are not making a quality post like others, you meant decide to give up in building up your Bitcoin portfolio, as a newbie you don't have to be discouraged no matter how hard in building up Bitcoin portfolio meant looks, you should always have it in mind that in life there are always a hard time for everyone, all we need is to be courageous enough never to give up upon yourself but to bring out best and do your best in making sure that you never be discourage but to keep pushing to get the top of it.  

As a beginner in Bitcoin, looking for quick profits is the very first wrong way to think. Bitcoin needs patience, discipline, and long-term focus. Growing a portfolio takes lot of time, and beginners might end up feeling discouraged if results become slowly or if others seem more successful then them, they will be feeling like they are not doing it right thing or their time will not come. Which with a bit discipline and patience they will get a better result.

The most important thing for a beginner is consistency. Taking small steps, like learning more from others, saving bit by bit, and staying calm in any situation, will build you up over time. Every investor faces hard times and also good times, but the key is not to give up. Being patient and strong is what separates those who succeed from those who quit early.

[Grace333]

TBH, that is the realest advice a newbie can get. When you come into Bitcoin with that quick profit mentality, you’ll almost always get burned, because the market will humble you.. The goal at the start should not be chasing gains, it should be stacking up little by little and learning the game…

Once you have built that mindset of accumulation, profit becomes automatic in the long run because Bitcoin has always rewarded patience. But if you rush in thinking it is some overnight thing, you will likely panic sell or lose focus. So yeah, for any newbie, the best move is just to keep stacking and building your portfolio, the profits will come naturally with time…

[Fiatless]

I would have to respond to this thread as if the OP's topic is about patience in accumulating and hodling Bitcoin and not about growing forum account.

My usual advice for Newbies is that investing in Bitcoin is not a ponzi scheme or get rich quick scheme. Profiting from Bitcoin requires a long-term approach, and patience is an important virtue in this adventure. Anyone who wants fast turnover should consider learning about altcoins or crypto trading.

[Marykeller]

The goal of every investor is the profit they are to make from their long-term investment planning in Bitcoin. That profits alone encourage them to keep holding on to their investment strategy by DCA, not to give up on it, since there are profits to make.

Saying that newbies shouldn't think of profit-making doesn't sound right to me because every one of us has a target price of selling some part or all of our Bitcoin at a given price.

[Agbe]

I definitely agree with you what new Comer's to the Bitcoin space should be more concerned about should be to build their Bitcoin portfolio especially in the areas of building capacity by acquiring the needed knowledge base base which is needed to navigate any one through the crypto space and this also applies to those newbies who are newbies on this forum they should look beyond making profit but should think about how they should acquire knowledge that is needed to build their accounts

[Mr Reporter]

I definitely agree with you what new Comer's to the Bitcoin space should be more concerned about should be to build their Bitcoin portfolio especially in the areas of building capacity by acquiring the needed knowledge base base which is needed to navigate any one through the crypto space and this also applies to those newbies who are newbies on this forum they should look beyond making profit but should think about how they should acquire knowledge that is needed to build their accounts

In addition to what you have many made mention of i think building a strong foundation in bitcoin knowledge is crucial for new entranst, which acquire a soild understanding of the bitcoin scape which help n navigate its complexities and make informed decisions. By prioritizing knowledge accusation it has brought many investor to have a better betterment.

[Achalugo BTC]

Op I agree with you on most points. Most new investors have high expectations of getting high profits in a short time, which makes them think in the short term. Every new investor should try to increase their income source through hard work and build a long-term Bitcoin portfolio with patience. Do not waste your valuable time and hard earned capital in the hope of quick profits. Start buying Bitcoin with a quick decision and try to ensure the right use of time.

Do not pressure yourself to reach the top. Set your goal and start Bitcoin with whatever financial means you have because if your goal is fixed to do it long term then you will succeed one day. Forced investment most of the time does not lead to success.

The mentality of getting quick profits makes you greedy and this is the biggest obstacle in the way of achieving your goal. I think that in accumulating Bitcoin for the long term you can easily reach the goal without feeling pressure.

Exactly, you really nail it, one shouldn't put their mind in getting quick profits as soon as they start investing in Bitcoin. Instead they should work on themselves by building their mindset on focusing on steady progress, which it will easier for them to be able to navigate market fluctuations, because this can make them not to feel pressure just as you have highlighted.
Also, once the spirit of greedy enter them, it will hard for them to chase their goals, that is it's crucial for them to discipline themselves.

[Faazs]

As a newbie that has joined Bitcoin newly should never have the mindset of making a quick profit at the earliest stage of his Bitcoin journey than to remain focused on how he can build up his Bitcoin portfolio, because bitcoin requires enough patience, time and hard working in order not to be discourage when you think you are not making a quality post like others, you meant decide to give up in building up your Bitcoin portfolio, as a newbie you don't have to be discouraged no matter how hard in building up Bitcoin portfolio meant looks, you should always have it in mind that in life there are always a hard time for everyone, all we need is to be courageous enough never to give up upon yourself but to bring out best and do your best in making sure that you never be discourage but to keep pushing to get the top of it. 

Profit is a byproduct While a strong portfolio is the foundation for success.
In other words newbies should avoid short term greed because by chasing quick gains you end up buying high and selling low arriving at a loss when you focus on portfolio building it encourages patience and discipline instead of trading with emotions. Newbies should strive to understand the nature of Bitcoin as it's a long term financial network, building a portfolio helps you to key into the Bitcoin multi-year growth story rather than price fluctuations and also beginner's lack experience with volatility, instead of trying so hard to pinpoint the market gradually gathering Bitcoin reduces the risk of costly mistakes, While it's also important to earn newbies should consider learning before earning, financial reward should be achieved as a result of understanding not luck as focusing on portfolio growth gives newbies time to learn about security, wallets,custody and Bitcoin role in the global system. It's also important to note that those who build steadily are often better off than those who trade aggressively and chasing profit most atimes leads to stress and burnout , building a portfolio creates peace of mind gives you time to focus on the bigger picture.

[Obulis]

On point. Just like the title "A newbie shouldn't think of profit making but building up Bitcoin portfolio."
Building a long-term mindset (even before starting BTC journey) is paramount for any newbie investor. Undermining the temptation of quick gains empowers you to consistency, strategic accumulation (DCA) (no matter short-term price volatility).
Patience and perseverance are crucial assets for any investor talk more of a newbie. It takes time to build a meaningful portfolio, so staying focused (on long-term) through market cycles and continuously learning and contribute wit little steps will definitely be more profitable than pursuing gains. As a newbie it's great to courageously keep stacking.

[Asiska02]

Nothing dey come easy for this life and if na the problems wey dey follow having a good thing for yourself for this life you wan follow, just know say you no go fit make anything for dis life as others dey make am. Nothing comes easy, everybody dey do wetin dem know say go good for them to take benefit for this life and putting bitcoin investment amongst the things go really make you plenty of fortune in the future. DCA na better way to take build your portfolio if lump summing no go dey easy for you as no be everybody dey gallant financially to start investment fully in bitcoin. With the way Bitcoin investment be, people even prefer to join am through DCA because of how the market dey volatile and dey come with many opportunity to invest.

[Somto9Light]

As a newbie that has joined Bitcoin newly should never have the mindset of making a quick profit at the earliest stage of his Bitcoin journey than to remain focused on how he can build up his Bitcoin portfolio, because bitcoin required enough patient,

Surely every newbies is supposed to be buying continuously without thinking about if you're in profit or not, because having this mindset can bring a lot of problems in your accumulating journey as you will start attempting to sell for short term profit due to a little increase in the value. Though everyone have the right to do what they think is best for them as we can not force this guys not to look into profit during thier early stage so those who have ears let them hear while those that may also hear this information and choose not to do them is on thier own so this is just a matter of choice, but is always advised to focus on the ongoing buying of bitcoin as a newbie who is just getting started and pay less attention to the profit aspect until you reach your investment goal or stage of overaccumulation.

[Stable090]

As a newbie that has joined Bitcoin newly should never have the mindset of making a quick profit at the earliest stage of his Bitcoin journey than to remain focused on how he can build up his Bitcoin portfolio

Why will you start trading, and you going to have that kind of mindset, before investing in bitcoin, then you should know that bitcoin is not a get rich quick scheme, so you shouldn’t expect quick money, also you should know that you can lose money in bitcoin investment, so you should know that anyone thats promising zero risk when you invest just want to scam you.

As a beginner, you will have to go through the learning process, and in the process of learning, then you are definitely going to lose money, don’t be surprise that you going to lose almost everything which you deposited, thats why when you depositing money as a beginner, then you should start small, so that you won’t really be affected if you lose the money, so always start small.

Most beginners do always end up being discouraged because what the see on social media about bitcoin investment is always completely different from what they come across when they start there investment journey. Most people that post on social medias are just deceiving you, most of them are doing it because they want you to join their group or something like that.

[WhoYouCantKill]

Here's a strong point. As a beginner, the aim shouldn't be on quick gain at first rather it should be on learning, patience, and mastering. Bitcoin demands time and discipline, instead of rushing expectations. It is normal to get discouraged as a newbie, but persistence and continuing with a long-term mindset is what enables you to grow your portfolio and confidence with time.