Risk takers can continue.

[LOVER BOY 422]

While very well said , but I have a question which coin people value most ? I think is Bitcoin investment because it's safe though is risky somehow but it's more safer that shitcoins that's why many are into Bitcoin investment, if you friend make money in altcoin actually it will not favour him or another person all the time ,so investment in altcoin is more risky so if you are advised to continue into it it's better but let's only concentrate on Bitcoin investment which is the future and it's reliable, though is a long time investment before you start earning but I rather have the patience than to rush into investing in any shitcoins.

[cxtreenal]

All Bitcoin investors are risks takers and risks tolerant and every category of investing they're into determines if it's a smart risk choice.Personality varies widely while some are analytical thinkers,some are uncomfortable with uncertainty,some distrust the financial systems and some are long term oriented.If you got the grit for Bitcoin,then you don't need extra validation.

Everyone's mentality is different, so Bitcoin or any investment is not the same for everyone, it completely depends on the person's mentality, patience and ability to take risk. Not everyone has the same mentality and belief, I believe in Bitcoin but you may not believe it, that's normal. Also, it is very difficult to survive in Bitcoin investment, because not everyone has the mentality to accept volatility, there are very few people who can tolerate volatility, be firm in their decisions, and do not panic even after seeing losses. So here, along with having faith, you must also have the mentality to tolerate volatility, it is not very easy.

There should be no disagreement that Bitcoin can provide satisfactory returns to an investor in the long term, even if the mentality is different. It has been proven time and again in the past that Bitcoin holding was a place of trust for investors. The invisible monster called inflation is destroying the centralized financial system.

Not everyone has the courage to take risks to reshape the future financial system. Those investors who do have the courage can build a satisfactory holding of Bitcoin without taking risks. Through discretionary income and a strong mindset and financial discipline, you can maintain regular and consistent Bitcoin investments.

I agree with you that it is not easy to survive in Bitcoin investments in the long term. For investors who have the ability to tolerate risk and have a regular flow of money, it should not be too difficult to remain consistent in Bitcoin savings considering the future financial prospects.

[Tmoonz]

Very easy to say that you will take the risk to invest in Bitcoin but to gather the capital to invest in BTC is the challenge some people are going through now. if you have the money right now you can take the risk to invest in Bitcoin because the price is still okay for new and old investors to invest for future.

To invest in Bitcoin you don't have to gather plenty of capital before you can invest in Bitcoin, is a thing of investing with the little that you have with dollar cost averaging and only when you have, you minimize the risk by investing a spare money available, people are going through a lot as you said what to do is to settle your financial crisis first and invest only when you have a spare money, people buying now with the price now will have reason be grateful in the future when the price would have skyrocket, we are still enjoying the early days of bitcoin I can still say that when talking buying at the price now.

[Umulala-alala]

All Bitcoin investors are risks takers and risks tolerant and every category of investing they're into determines if it's a smart risk choice.Personality varies widely while some are analytical thinkers,some are uncomfortable with uncertainty,some distrust the financial systems and some are long term oriented.If you got the grit for Bitcoin,then you don't need extra validation.

Everyone's mentality is different, so Bitcoin or any investment is not the same for everyone, it completely depends on the person's mentality, patience and ability to take risk. Not everyone has the same mentality and belief, I believe in Bitcoin but you may not believe it, that's normal. Also, it is very difficult to survive in Bitcoin investment, because not everyone has the mentality to accept volatility, there are very few people who can tolerate volatility, be firm in their decisions, and do not panic even after seeing losses. So here, along with having faith, you must also have the mentality to tolerate volatility, it is not very easy.

Those who can't tolerate the volatility of bitcoin don't they know that bitcoin is a volatile asset that you also need to invest with your discretionary income before they started investing in BTC? It's important some have basic knowledge of bitcoin before thinking of investing to avoid selling at lost when the market start to dip, bitcoin is fluctuating coin that can dip and also increase and those who are investing for long will not be afraid of the votality of bitcoin and will not also panic if the price of BTC starts to dip because it might still increase in time coming while they continue buying bitcoin and hodl.

[jossiel]

I agree with you that it is not easy to survive in Bitcoin investments in the long term. For investors who have the ability to tolerate risk and have a regular flow of money, it should not be too difficult to remain consistent in Bitcoin savings considering the future financial prospects.

That is true but we get to learn and absorb that tolerance as we have already invested on it.

I think that's one of the power of Bitcoin as we invest in it. Our risk tolerance increases because as a community, we hear and read the same things when it's so highly volatile that others give up and disappointed with how it moves.

But once we've already adopted it and learned how to remain calm when these sudden plummets come, you'll stay for so long and it will be easier for us to watch the market when it gets so bloody.

[Cleanslate_]

When you know bitcoin is more safe than any coins then why wanting to engage in another coin with part of your discretionary income, why not hold on to Bitcoin which you are very sure of with all your discretionary income by discipline yourself towards Bitcoin alone than investing on what you are not sure of and risking your funds in the bit of diversifying .

[Hewlet]

I agree with you that it is not easy to survive in Bitcoin investments in the long term. For investors who have the ability to tolerate risk and have a regular flow of money, it should not be too difficult to remain consistent in Bitcoin savings considering the future financial prospects.

But once we've already adopted it and learned how to remain calm when these sudden plummets come, you'll stay for so long and it will be easier for us to watch the market when it gets so bloody.

As an investor, staying invested for the long term will generally mean that you're ready to listen to a lot of discouraging statement from people that are not resolved enough to remain invested in bitcoin hence are looking for those they will drag along with them. If you pay too much attention to them, thier agenda will be fulfilled and they will succeed to drag you down into following after altcoins with them.

There are a lot of ways one can gamble with his money which are some point can still produce result. One of which is investing in altcoins or rather trading altcoins.as enticing as the short term benefit can be, it has an high tendency of yielding a level of loss that can potentially destroy an investor if he's not careful enough. Bitcoin is different because with it, you're guaranteed of not just immediate gain but a real long term profitability.

[Uhwuchukwu53]

With my little research and staying in this forum with the little time spent, all investor has all opportunity to search and analysis the best that suits them as crypto market is concerned, there is no best assured token or coin in the crypto market which stand better chance than Bitcoin both in the risk management level, crypto generally are volatile but Bitcoin has shown some level of stability despite it's volatile nature, it's not everyone that can take risk those that know what risk is ND it's management engaged wisely without pondering word or fear , no body or investor who truly show good understanding of Bitcoin and invested for long that will not make good return, it takes courage to endure ND encounters some challenges associated in Bitcoin investment and crypto entirely as it's not easy going market pays those with patients more than those who lack such understanding, that is while it's not quick to get rich scheme.

[Gaza13]

I have seen someone who invested in Altcoin that was new and made money from that investment huge amount of money that has changed his life forever, if you don't like taking risk is up to you but allow people that love it to continue doing it, I always see people saying investing in AItcoin is a very wrong decision but to be honest is not, if you are a risk taker, you can be investing in Bitcoin because Bitcoin investment is a very good investment and it's more safe when it comes to cryptocurrency investment however that those not mean you can't use some liftover from your Discretionary income after you have accumulated Bitcoin for that week or month to try another coin it most not be done every month or weeks just some times.
But if you know you usually don't like playing around with your funds then stick to Bitcoin because is more safe.

Yes as you said it is only for people who are willing to take the risk of investing in something other than Bitcoin, and also, the altcoin investment should not be larger than the investment that you think is superior or the best. Usually, people who take risks are prepared for the consequences if things don't go according to their expectations. Before buying, make sure you truly understand the concept of the altcoin well, based on your insight and knowledge. You shouldn't just watch influencers talk about the coin, or you could get caught in the trap of FOMO in that situation.

[cxtreenal]

I agree with you that it is not easy to survive in Bitcoin investments in the long term. For investors who have the ability to tolerate risk and have a regular flow of money, it should not be too difficult to remain consistent in Bitcoin savings considering the future financial prospects.

That is true but we get to learn and absorb that tolerance as we have already invested on it.

I think that's one of the power of Bitcoin as we invest in it. Our risk tolerance increases because as a community, we hear and read the same things when it's so highly volatile that others give up and disappointed with how it moves.

But once we've already adopted it and learned how to remain calm when these sudden plummets come, you'll stay for so long and it will be easier for us to watch the market when it gets so bloody.

Whenever we talk about resilience, it is more important to focus on the financial aspect. Many people earn a lot but not everyone can save a lot for the future. They cannot keep their income in balance with their expenses or they cannot be financially resilient. It is not the case that just because you earn a lot of money, you will be financially secure for the future. When you have flow of income, you need to be disciplined in managing your funds and avoid wastage.

When advising new investors, experienced investors often talk about saving Bitcoin through discretionary income. This is like an acid test for new investors because they will gradually learn the discipline of investing through Bitcoin accumulation and their experience will increase over the long term. The strategy of accumulating Bitcoin regularly teaches you tolerance in the face of fluctuations in the price of Bitcoin in the market and you can get a decent Bitcoin holding in the future.