Bitcoin investment is a personal race.

[Dreadboost]

I this Bitcoin investment journey, you hear alot of news, considerations and opinions, and it is sad that a lot of investors allow the opinions of others get to them. There are actually a significant amount of investors that have sold their coins because of outside influence (people preaching against the coin)
But the truth is that If these things can move you, then you should have not botherd investing in the coin in the first place.
I consider this Bitcoin investment a personal race, you are at your own risk, and you have your own belief and motivation, you can listen to what other have to say, but what is important is if it flows with your plans and goals, if it doesn't that you should not accept it.

Other people opinion should not control your investment journey, your the one managing your money not them, before you started what was your research? What motivated you to start the investment, what goal did you have before you started, that is what is important.

[Hypnotizer]

I really don’t understand why someone decide about his investment based on someone’s else thinking and influence..didn’t you have your brain to analyze thing? First of all as an investors you should be able to analyze the happenings and choose the right thing to do, yes sometimes you can choose what someone said but your decision shouldn’t be based on someone’s opinion or influence about something, you should be able to atleast analyze what he’s saying and be able to know the right thing to do.

I this Bitcoin investment journey, you hear alot of news, considerations and opinions, and it is sad that a lot of investors allow the opinions of others get to them. There are actually a significant amount of investors that have sold their coins because of outside influence (people preaching against the coin)

Bitcoin investors selling their bitcoin because of outside influences? Wow, seems like they didn’t understand bitcoin before they invest. So basically if you bought something because of somebody’s influence and didn’t bother researching further about it and that same pesin told you to sell, then sure..you’re going to sell.

But the truth is that If these things can move you, then you should have not botherd investing in the coin in the first place.

As I said above, if really you bought because of someone’s influence and the person started preaching against it then that influence will definitely move you.

[Doan9269]

You made the right title for the conversation here, because indeed bitcoin is all about a personal race, we all determine how we wanted to run it and on what pace we wanted to go along with it, since the whole thing is under our control, its a decentralized currency and we take charge on whatever decision to be made, which i expect that everything should be made under the best of our interest.

[Donk1]

That's the thing influencers tend to persuade the minds of people without even stressing themselves. That said the fact that most crypto enthusiasts sell their coins after an influence is probably because of two things too scared to take the risk and hold for the long term or they are newbies who haven't had full knowledge on how the crypto space works.

Over all the Bitcoin long term journey is an experience that you as an investor have to pass alone if you are willing to become financially successful.its easy to say if you don't strive to become psychologically strong and mental stress free, you as an investor will only end up in losses. That's why both social media influencers or friends, I like to believe that as an investor when you become determined on your journey every other advice, claims, and even fake news wouldn't affect you in any way. That's just it ....

 

[uche6215]

Guy you may be talking about di opposite in the investment of bitcoin because we need to take di advice from other experienced investors to be a successful investors on our own. According to a saying, who does not follow, does not learn fast and can't rule well. You have to follow to learn and rule. As you said, yes bitcoin investment na personal race but you still need advice from people to grow. So as foe me weti you dey talk fit mislead others.

[Rhow]

If any of our decisions change due to someone else's advice, it can be a cause of our loss. Before making a decision, we need to do proper research about the subject.

Bitcoin is a subject about which everyone has very little knowledge. When we try to teach from that little knowledge, people get the wrong education. Experienced people will never get involved in arguments, but will leave with the right information. Most people in the world now consider Bitcoin to be a scam. Because they have believed that Bitcoin is a scam without investing in it and seeing it in their own hands. Now if you also believe their words and sell the invested Bitcoin at a loss, then you have no decision of your own.

You should not invest without your own decision.

[AYOBA]

I really don’t understand why someone decide about his investment based on someone’s else thinking and influence..didn’t you have your brain to analyze thing? First of all as an investors you should be able to analyze the happenings and choose the right thing to do, yes sometimes you can choose what someone said but your decision shouldn’t be based on someone’s opinion or influence about something, you should be able to atleast analyze what he’s saying and be able to know the right thing to do.

I also imagine those that don’t want to make decisions by themselves when it come to investments and for someone to make his own decisions is the matter a lot what ever a person comes to do not only the investments. Because if we said we should follow or decide by what those influencers said, at times we won’t get what we want in the investments.

Bitcoin investors selling their bitcoin because of outside influences? Wow, seems like they didn’t understand bitcoin before they invest. So basically if you bought something because of somebody’s influence and didn’t bother researching further about it and that same pesin told you to sell, then sure..you’re going to sell.

Anybody who always follow all those influencers decisions will never achieve what they want in the investment, and that’s why it’s good for we to do our research we should not rely on their decisions; we all know that sometimes their decisions helps in some ways, but if we can combine it our knowledge everything will work out for better.

[Cryptoprincess101]

If you live your life to always listen to the opinion of others; you will make regrettable mistakes. Investment is something that requires you to gather enough information before taking actions because the market can be very tricky but if you are able to make much research it will help you to take a decision that will likely lead you to the path of success. There was a time when the price of bitcoin was falling regularly, and many people sold their bitcoins due to panics from social media platforms but after a while the price regained and skyrocketed, and they were lamenting their grievances that they sold at lost due to the opinion of other investors. Another thing that misleads an investor is joining groups that people make random comments that can cause fear among investors because when you see many people commenting that they have sold their bitcoins you might be tempted to sell yours too. In anything investment, it's your money so you have to make sure that you are not influenced by other people's opinions.

[Yorubek]

Yes, life cannot be beautifully sorted depending on the words of others, so you have to arrange your own life. Managing your life depending on the words of others is completely crazy. What people say is not a big deal, it is enough if you are right from your place. To achieve success in investing, first of all, correct knowledge is very important. It is not possible to achieve success by investing without correct knowledge, because the market fluctuates every time, so entering the market at the right time is a very important step for an investor. Only those investors who can enter the market at the right time and wait patiently for a long time can ultimately achieve success. I think you need to gain more knowledge and the main thing is to consistently manage your investment by following the right rules. It is never possible to achieve success by investing depending on the words of others.

[Gost ms]

A person should do his own research. We or a person needs to listen to everyone's opinions and in this regard a person can benefit a lot and can face losses. However, a person should listen to someone's opinion and do proper research at the same time. Because when a person does research, that person will be able to know the right information, so a person needs to know the right information. When a person proceeds according to the opinion of another person without doing research after listening to the opinion of another person, then he can face a very big loss.

A person needs to listen to everyone's opinions but he has to do his own research only then that person will be able to understand whether it is right or wrong for him. Another thing is that there is no need to be afraid of hearing someone's opinion, there are many who get scared as soon as they hear something.

[Lembo69]

so entering the market at the right time is a very important step for an investor. Only those investors who can enter the market at the right time and wait patiently for a long time can ultimately achieve success. I think you need to gain more knowledge and the main thing is to consistently manage your investment by following the right rules. It is never possible to achieve success by investing depending on the words of others.

There is no specific or perfect time to enter the market. Those who always wait for the “right time” often miss out on investment opportunities. In reality, you can enter the market at any time.
If you have a stable income, are mentally prepared for long-term investment, and you manage your investments through the DCA strategy, then there is no need to wait for a specific time to enter the market. Preparation is more important than time when it comes to entering the market.

On the other hand, knowledge and patience are very important things for an investor, there is no doubt about it. However, it is not necessary to have a very deep or amazing knowledge about investing to start investing in a new situation. The important thing is to start and learn slowly. Because gaining knowledge is an ongoing process, which is an important part of our investment and life. As you manage your investments, your knowledge and experience will also increase gradually.

[Silikiem]

I this Bitcoin investment journey, you hear alot of news, considerations and opinions, and it is sad that a lot of investors allow the opinions of others get to them. There are actually a significant amount of investors that have sold their coins because of outside influence (people preaching against the coin)
But the truth is that If these things can move you, then you should have not botherd investing in the coin in the first place.
I consider this Bitcoin investment a personal race, you are at your own risk, and you have your own belief and motivation, you can listen to what other have to say, but what is important is if it flows with your plans and goals, if it doesn't that you should not accept it.

Other people opinion should not control your investment journey, your the one managing your money not them, before you started what was your research? What motivated you to start the investment, what goal did you have before you started, that is what is important.

Bitcoin investment being a personal race doesn’t still mean that you shouldn’t learn from a more experienced investor who have actually been there some years before you especially if you are just getting started. You also learn from the experiences of others in terms of their decision making which really doesn’t go well with them and then try to make some important decisions regarding your investment which will further improve it. But above all, we all are answerable to our own decisions regarding our investment and at such you don’t have to be pressured by anyone into doing what you feel is not going to improve your investment but rather you make your own decisions so that at the end you don’t have to blame anyone if things goes wrong along the line because in bitcoin investment nothing is guaranteed.

[Marykeller]

I d talk am for here every time sae, Bitcoin is a personal race, the losses and the profits to make fall on you as the investor. So be mindful of the information you are consumed with, because in this space, you go hear the good and bad advice, it will be left for you to choose the one to follow. If it favors you or not, na your own to judge with, you hold nobody responsible of that because nobody forces you to do the otherwise of your Bitcoin investment.

[rachael9385]

I this Bitcoin investment journey, you hear alot of news, considerations and opinions, and it is sad that a lot of investors allow the opinions of others get to them. There are actually a significant amount of investors that have sold their coins because of outside influence (people preaching against the coin)
But the truth is that If these things can move you, then you should have not botherd investing in the coin in the first place.
I consider this Bitcoin investment a personal race, you are at your own risk, and you have your own belief and motivation, you can listen to what other have to say, but what is important is if it flows with your plans and goals, if it doesn't that you should not accept it.

Other people opinion should not control your investment journey, your the one managing your money not them, before you started what was your research? What motivated you to start the investment, what goal did you have before you started, that is what is important.

listening to what others say about Bitcoin and allowing it to influence your decisions is only going to affect you personally. Like you said, other people's opinions shouldn't control your personal decisions. most people that talk about what they know about Bitcoin are not even inclined with Bitcoin or have enough knowledge about it they just say what they have heard somewhere, this is why you should not take people's informations seriously or let it affect your investment

[Makus]

listening to what others are saying isn't a bad idea but allowing them to influence your is where you will definitely get it wrong. Everyone has their opinions and this isn't something that should affect your personal decisions. bitcoin investment is a personal race like you said,  what someone else is saying shouldn’t be none of your business, always focus on your journey instead of being concerned about what others are saying that might be accurate. selling your coins under the influence of others shows you have no knowledge of bitcoin

[Josefjix]

The reasons so many people think others are doing shakara when it comes to Bitcoin investment is because of this thing, some people don't want to start having problems with you because they advise you to start buying Bitcoin, if you do now, you may not bear the emotional constraints that comes with it. So they keep quiet and maintain their lane make person no kill themselves because of Bitcoin investment.

[Pi-network314159]

I this Bitcoin investment journey, you hear alot of news, considerations and opinions, and it is sad that a lot of investors allow the opinions of others get to them. There are actually a significant amount of investors that have sold their coins because of outside influence (people preaching against the coin)
But the truth is that If these things can move you, then you should have not botherd investing in the coin in the first place.

well in as much as bitcoin investment is concerned every one is in total control of his asset, and personal decision is one of the  factor of investment. we have different opinion, different goal and objective. you can not question the reason to why an investor sold his bitcoin too quickly because you never know the situation that lead to him selling his bitcoin.  and moreover holding bitcoin is not holding for dear life. each of us have our shortcomings and we cant keep blaming others for their actions. i myself have once talked about this type of issues but i just forget about this set of people because i feel that we are not the same and no matter what, everyone can not do the same thing at the same time.

[Fiatless]

We live in the most fortunate time in human history. With just a few Naira worth of data and a few hours, you can get as much information as you want. With your phone, you can gather information from different authorities in the Bitcoin industry and this could help you in making investment decisions.

You don't just apply someone's strategy to your life. No, you would have to tailor it to suit your condition.  Adjustments should be made to enable you to have a smooth and stress-free accumulation and selling journey. It's not wrong to learn from others but you should also use your brain.

[abaeze]

OP, you are right that investing in Bitcoin is a personal matter or decision and its main strength is self-custody and decentralization. In Bitcoin, how you invest, how much risk you take, when to keep, when to spend or sell, you are the final authority on these decisions, not any bank, government or institution. That means there is freedom to invest but at the same time there is also a responsibility to maintain complete custody.

Many people mistake investing in Bitcoin and make it a stock market or trading competition, which is not right at all. Because in reality, no one's journey in Bitcoin needs to be the same. For example: someone's goal may be to save for 10 years, and another for 5 years. Again, someone's goal may be to avoid inflation, and again, someone's goal may be to stay out of the fiat system. So this time, speed, amount, and strategy for investing are all personal. Therefore, it is not right to compete with someone who is investing without understanding them. Rather, investing long-term according to your own ability, using your own knowledge, patience, courage, and experience, is the way to win the competition.

[ASloveapg]

The main thing is that we should never go ahead with any financial thing based on the words of others, you will invest with your money, it is your hard-earned money, so you must consider it with your own research before taking risks with this money. If you yourself fully understand the matter, and think that something good can definitely be achieved here, if you see the potential, then you should invest, otherwise you should never make an investment decision based only on the words of others. You should do your own research, determine the right strategy, and consider other aspects carefully and then make an investment decision,