Investment Become Gambling

[samadam007]

You really believe that investing requires knowledge about volatility, market trends and how to manage funds?

Yes but not indepth. Good knowledge about votality, market trends and fund management isn't only for BTC traders but also for investors. This help them stay firm during a challenging period like this( during the dip) as they keep in mind that price aren't stay and can show a great move for dip or bull within seconds.

 At what point will folks know they have gotten enough knowledge to start investing? Tbh i don't see why anyone has to understand all the things you mentioned before investing in Bitcoin. Just start with simple long term mindset and strategy, invest only what you can afford, and gradually gather experience along the way. Waiting until you fully understand volatility, market trends or fund management will only delay you from getting started

[Bigjoe33]

[edited out]

Most Bitcoin hodlers that call themselves investors are traders. This is because they sell their coin when they observe increase in price or little dip. A good knowledge about votality, market trend and fund management is required to be a good investor.

You really believe that investing requires knowledge about volatility, market trends and how to manage funds?  Do you need to know those things prior to starting to buy bitcoin?  And what do you consider the role of selling to be for an investor?

I think the OP have made some mistakes with his reference of calling investments as gambling, but I disagree with him that investment in Bitcoin can be categorized as gambling because it’s a totally two different things entirely, investing in Bitcoin doesn’t mean you loose your money immediately, but bitcoin your money is still there, and you keep stacking your investments is there.

Surely, investment and gambling are two different things, no one argues that. But I think I understand the OP properly and I don't think he is that wrong in his reference about investments becoming gambling. If you read the topic properly, you will notice he was trying to recount a situation where two investors who started the Bitcoin investment with a long term goal, but along the line, mindset and approach changed.

Mr A continued with the long term investment and HODL approach, while Mr B became intoxicated with the little jump in price and started taking profits, monitoring the market, studying charts and selling and buying back in decline. Of course, such attitude of Mr B is the character of a trader, and trading is just like gambling which is full of risk and has no intentional value because we can always lose and win by chance or luck.

Inorder words, our approach to our investment matters alot. When we approach out investment with a trading mentality, then, we may likely say we are gambling with our investment and also putting it at a very great risk of loosing it.
So I believe when he says in his topic that investment become gambling, he was actually referring to our individual approach to our investment, stating that if we don't invest properly and have a good approach to it, our investment can actually turn gambling.

[Tongley]

You really believe that investing requires knowledge about volatility, market trends and how to manage funds?

Yes but not indepth. Good knowledge about votality, market trends and fund management isn't only for BTC traders but also for investors. This help them stay firm during a challenging period like this( during the dip) as they keep in mind that price aren't stay and can show a great move for dip or bull within seconds.

 At what point will folks know they have gotten enough knowledge to start investing? Tbh i don't see why anyone has to understand all the things you mentioned before investing in Bitcoin. Just start with simple long term mindset and strategy, invest only what you can afford, and gradually gather experience along the way. Waiting until you fully understand volatility, market trends or fund management will only delay you from getting started

When a person has basic knowledge about Bitcoin and when they are able to find a source of discretionary income, they can start investing or we can say they have enough knowledge to start investing. The biggest step and the most necessary step is to start investing. When a person starts investing, they will be much ahead of the investment stage, compared to all those people who are waiting to gain knowledge to invest.

However, I would like to mention one thing from my personal point of view, it is better to keep our emergency fund at a minimum level when starting investing, but it is not mandatory. For example, when a person starts investing, he can divide his discretionary income into three levels and start investing. The reason for dividing the discretionary fund is so that we can move our investment, emergency fund, extra expenses money all in parallel.

[Sunshine1525]

Yes but not indepth. Good knowledge about votality, market trends and fund management isn't only for BTC traders but also for investors. This help them stay firm during a challenging period like this( during the dip) as they keep in mind that price aren't stay and can show a great move for dip or bull within seconds.

 At what point will folks know they have gotten enough knowledge to start investing? Tbh i don't see why anyone has to understand all the things you mentioned before investing in Bitcoin. Just start with simple long term mindset and strategy, invest only what you can afford, and gradually gather experience along the way. Waiting until you fully understand volatility, market trends or fund management will only delay you from getting started

Do not forget figuring out the amount from the discretionary funds that woukd be used for investment cause that's one of the most important things that's need for some intrested in Bitcoin to start, not spending time gathering knowledge as of Bitcoin is some professional course that needs to be studied deeply before understanding it.

I'm not even sure it would take a new too long like months or so to understand Bitcoin so the important thing after figuring out how to buy is to get started and understand it better with time.

[Fash33]

[edited out]

Most Bitcoin hodlers that call themselves investors are traders. This is because they sell their coin when they observe increase in price or little dip. A good knowledge about votality, market trend and fund management is required to be a good investor.

You really believe that investing requires knowledge about volatility, market trends and how to manage funds?  Do you need to know those things prior to starting to buy bitcoin?  And what do you consider the role of selling to be for an investor?

Investing in bitcoin doesn't require an investor to have knowledge about bitcoin volatility or market trends. An investor doesn't need to understand how volatility or market trends work before they can start accumulating bitcoin. The most important thing is if they can figure out there discretionary income, then they can start accumulating bitcoin. It is only those that are after quick profit or trading that should be bothered about knowing how volatility works or market trends. As for those that are investing in bitcoin with long term mindset, all they need to know is how to be able to figure out there discretionary income.

I support the idea that investing in Bitcoin does not necessarily imply that one must become an expert on volatility or technical analysis before starting the investment process. It is necessary first of all to assess your current financial situation and invest money which is not the part of your budget. It will make you consistent and will allow you to follow the plan without extra pressure on your budget.

For long-term investors, the short-term fluctuations do not present any obstacles; in fact, it is more like a path which has to be passed by the investor. In spite of the fact that certain knowledge about the cycles of the market may contribute to making better decisions and will help in gaining more confidence in future, it does not imply that this knowledge is necessary to start investing in Bitcoin.

If a newbie bitcoiner comes to bitcoin and spends a bit of time looking at bitcoin charts (even an hour or two), there can be a certain appreciation that the price direction of bitcoin is not very well known in the future, and even perhaps to recognize that bitcoin has a tendency to act in quite volatile ways, so in that regard, they might even choose to buy smaller amounts of bitcoin in the beginning so that they can get used to the volatility.. and frequently guys should realize that investing with an amount that they can afford to lose is a good way to not get too attached to the amount, so in that way they purposefully choose a small enough amount that does not cause them concern if they ended up making some kind of a mistake that would end up causing them to lose most if not all of the money that they initially put in.

Nice idea, The easy way for newcomers  to learn in bitcoin investment is by starting with small amount without putting themselves under any unnecessary pressure, because when start with small amount they can afford. that gives them more chance, and confidence to understand how bitcoin really behaves and to experience its price movement without panicking, as they invest and continue learning, they become more comfortable with the volatility. gradually they can increase the amount they invest that is if their financial situation allows, the aim is not to rush or predict market but to develop good habits and build confidence to stay consistent over the long term. In my idea that approach is much better than trying to make perfect investments right from day one

[Nwaswago]

[edited out]

Most Bitcoin hodlers that call themselves investors are traders. This is because they sell their coin when they observe increase in price or little dip. A good knowledge about votality, market trend and fund management is required to be a good investor.

You really believe that investing requires knowledge about volatility, market trends and how to manage funds?  Do you need to know those things prior to starting to buy bitcoin?  And what do you consider the role of selling to be for an investor?

Investing in bitcoin doesn't require an investor to have knowledge about bitcoin volatility or market trends. An investor doesn't need to understand how volatility or market trends work before they can start accumulating bitcoin. The most important thing is if they can figure out there discretionary income, then they can start accumulating bitcoin. It is only those that are after quick profit or trading that should be bothered about knowing how volatility works or market trends. As for those that are investing in bitcoin with long term mindset, all they need to know is how to be able to figure out there discretionary income.

I support the idea that investing in Bitcoin does not necessarily imply that one must become an expert on volatility or technical analysis before starting the investment process. It is necessary first of all to assess your current financial situation and invest money which is not the part of your budget. It will make you consistent and will allow you to follow the plan without extra pressure on your budget.

For long-term investors, the short-term fluctuations do not present any obstacles; in fact, it is more like a path which has to be passed by the investor. In spite of the fact that certain knowledge about the cycles of the market may contribute to making better decisions and will help in gaining more confidence in future, it does not imply that this knowledge is necessary to start investing in Bitcoin.

If a newbie bitcoiner comes to bitcoin and spends a bit of time looking at bitcoin charts (even an hour or two), there can be a certain appreciation that the price direction of bitcoin is not very well known in the future, and even perhaps to recognize that bitcoin has a tendency to act in quite volatile ways, so in that regard, they might even choose to buy smaller amounts of bitcoin in the beginning so that they can get used to the volatility.. and frequently guys should realize that investing with an amount that they can afford to lose is a good way to not get too attached to the amount, so in that way they purposefully choose a small enough amount that does not cause them concern if they ended up making some kind of a mistake that would end up causing them to lose most if not all of the money that they initially put in.

Nice idea, The easy way for newcomers  to learn in bitcoin investment is by starting with small amount without putting themselves under any unnecessary pressure, because when start with small amount they can afford. that gives them more chance, and confidence to understand how bitcoin really behaves and to experience its price movement without panicking, as they invest and continue learning, they become more comfortable with the volatility. gradually they can increase the amount they invest that is if their financial situation allows, the aim is not to rush or predict market but to develop good habits and build confidence to stay consistent over the long term. In my idea that approach is much better than trying to make perfect investments right from day one

I agree with this,Starting small isn't just about having discretionary income, it's about training your mindset too. A lot of people think the biggest mistake is buying at the wrong price, but for beginners it's often selling with pressure because they invested more than they were emotionally prepared to lose.
When your first investment is small, you're more likely to stay calm during Bitcoin's rise and fall,a beginner has to learn from the experience, and build conviction instead of fear. Over time, as your knowledge, income, and confidence grow, increasing your investment becomes a rational decision rather than an emotional one.
In bitcoin i have come to know that consistency beats trying to make the first investment perfect. The goal isn't to catch the bottom,it's to stay in the market long enough to benefit from the long-term investment and market scheme.

[Umulala-alala]

Yes but not indepth. Good knowledge about votality, market trends and fund management isn't only for BTC traders but also for investors. This help them stay firm during a challenging period like this( during the dip) as they keep in mind that price aren't stay and can show a great move for dip or bull within seconds.

How do you expect a brand new investor to have a good knowledge about volatility when he's not investing. Will he start looking at the price of bitcoin often because he wants to have a good knowledge on volatility. That's useless because no one can predict the price of bitcoin or know the next market movement. A brand new investor doesn't need any knowledge on volatility he only just need to know that he's investing in a volatile asset which he will understand more as he's accumulating and learning at the same time.

If a brand new investor is not in the system or buying bitcoin he can't be able to know more about bitcoin that's just the simple truth because even if he decides to wait to learn he can still learn because he need to be doing the practical before he can understand better, what they need to start investing in BTC is just common sense and also having their discretionary income ready they can start with this and then learn through along the line or as they are consistently buying bitcoin.