Investment Become Gambling

[GIF-JOBS]

And what do you consider the role of selling to be for an investor?

Selling BTC within a short time doesn't come with good benefit for investors. Although, you might have sold at a price that suit you during bull or at lose during bear. In ever way, you are losing the opportunity that might come along with it if you have hodl for more year. So, it is quit encouraging to keep accumulating it  when opportunity arise than selling.

You believe that holding bitcoin more than a year makes a guy a bitcoin investor rather than a bitcoin trader?

On my own view i consider this person that hold bitcoin for more than a year as a bitcoin holder because they can not compare them with bitcoin Traders, so in Bitcoin Community this particular persons is also called HODLers. This can also be considered as a long-term investment.

When we talk of short-term investment this are the investors who buy Bitcoin for a very short time like days, week or month just to see small profit, so this are bitcoin traders.

Just because a person has been holding bitcoin for over a year doesn’t automatically make them a HODLer; what if the person is holding it simply because they are waiting for a better price to sell it at huh?..You need to be able to intentionally hold your bitcoin through both the bull and the bear season because you believe in the long term value of bitcoin before you can be considered as a HODler. I think it’s better to describe a HODLer based on their mindset, intentions of holding and their conviction rather than using a specific timeframe as the definition of a who a HODLer is.

There is no need to bother if  someone is trying to prove a point that they are investor when they are not because the market will decide for them whether they are actually long term holder or they are just swing in swing out ( to make profit which is the mindset of every traders), because one funny thing about the market is that it will test your patient and mental health to see if you are actually a long term investor, emotional person or trader ( short term Investor) so don't bother yourself.

When faced with the reality of the market, everyone can see their true intentions and expectations. A real investor can adapt to any situation and despite the unstable market, they never bring any weakness in the continuity of investment, and this proves this is a real investor. So the main thing is our behavior in difficult market times, those who do not have a mentality to hold on, they will never be able to survive with Bitcoin, but rather they will have to face more losses in the short term. So it is important for us to accept the reality and invest correctly, you must first understand your expectations and intentions, and after understanding the nature of Bitcoin, you must decide to invest.

[Frankolala]

So it is important for us to accept the reality and invest correctly, you must first understand your expectations and intentions, and after understanding the nature of Bitcoin, you must decide to invest.

Do you need all these before you can start your bitcoin investment. I don't think so, all you need is to have a purpose of investing in bitcoin and start investing immediately, your discretionary income is available.

Maybe, after you have bought your first bitcoin, you can continue doing any thing you want to think about but don't put big expectations on bitcoin so that, you don't end up using all your life savings to buy bitcoin and regret it later if the market goes against you

There's need wasting time on some irrelevant things because lost opportunity cannot be recovered which is why you need to get the fuck out of the no coiner zone and be a low coiner as soon as you can because that puts you in a better position than a no coiner.

[Gragebox]

Yes, mental and behavioural control are just as important as financial management and risk management in investing.  Managing fear, greed, panic selling, FOMO, because all these are not as easy as it sound.  Even learned investors still cannot be completely relaxed when there's a dip, that's because the mind is involved.

Only those who are strong enough to control all these despite the pressure can make it through.  So, risk management, financial management and behavioural control are all important, if one is missing the others can't save you.

While most people tend to concern themselves with the matter of having sufficient finances to invest or risk management, they usually overlook the fact that psychology plays an essential role in any investment-related decisions. In truth, emotions like fear, greed, FOMO, and even panic are the primary reasons for all of the mistakes made by investors, mostly in volatile periods.

It's completely normal to feel some discomfort when the market drops abruptly; however, while experienced investors are prone to such feelings, too, they don't let them control their actions. Such investors follow the investment strategy created by them beforehand. This is the key reason for the success of DCA and other approaches, which is why they are suitable for long-term Bitcoin investors. Emotional control is also about being patient during the period of bull markets and not letting oneself get carried away trying to earn quickly. On the other hand, emotional control during the bear market consists of the opposite not selling at all costs.

[Hardyrobust]

So it is important for us to accept the reality and invest correctly, you must first understand your expectations and intentions, and after understanding the nature of Bitcoin, you must decide to invest.

Do you need all these before you can start your bitcoin investment. I don't think so, all you need is to have a purpose of investing in bitcoin and start investing immediately, your discretionary income is available.

Maybe, after you have bought your first bitcoin, you can continue doing any thing you want to think about but don't put big expectations on bitcoin so that, you don't end up using all your life savings to buy bitcoin and regret it later if the market goes against you

There's need wasting time on some irrelevant things because lost opportunity cannot be recovered which is why you need to get the fuck out of the no coiner zone and be a low coiner as soon as you can because that puts you in a better position than a no coiner.

The things he mentioned are not essential as per starting to invest in bitcoin and am wondering why he feels that he needs to understand his expectations and the kind of expectations he has . Ones an investor has been able to figure out that they have discretionary income, the next thing is for them to start investing in bitcoin. Whatever thing they don't understand I believe they can be able to get to understand it as they go on with there bitcoin accumulation.

[Callido]

This sounds like the story of a misguided trader because who would make such indecisive decision with a volatile asset such as bitcoin? It is dangerous when people trade carelessly and expect a positive result, because it is wise to jump on every movement the market makes and expect a consistent win.

Every trader or investor should have the basic understanding of how the market works, and act ccordingly. He should be having regrets wherever he is right now and just maybe he should have learnt his lessons. No one gambles with Bitcoin without a plan or a purpose, every investment should have the right mentality.

[Versatile_choice]

So it is important for us to accept the reality and invest correctly, you must first understand your expectations and intentions, and after understanding the nature of Bitcoin, you must decide to invest.

Do you need all these before you can start your bitcoin investment. I don't think so, all you need is to have a purpose of investing in bitcoin and start investing immediately, your discretionary income is available.

You don't have to dispute with him, of course is your choice to decide the step to take whether you're going to getting started without getting the basic knowledge since you already know how to make bitcoin purchase or you hold on to bitcoin investment until you get the basic knowledge so the choice is yours. And for that I'm not going to say that waiting to get all those things he mentioned above is not a good idea of course he have the right to figure out  the things he know that after getting those things, there will no be any challenges.

[Fash33]

And what do you consider the role of selling to be for an investor?

Selling BTC within a short time doesn't come with good benefit for investors. Although, you might have sold at a price that suit you during bull or at lose during bear. In ever way, you are losing the opportunity that might come along with it if you have hodl for more year. So, it is quit encouraging to keep accumulating it  when opportunity arise than selling.

You believe that holding bitcoin more than a year makes a guy a bitcoin investor rather than a bitcoin trader?

On my own view i consider this person that hold bitcoin for more than a year as a bitcoin holder because they can not compare them with bitcoin Traders, so in Bitcoin Community this particular persons is also called HODLers. This can also be considered as a long-term investment.

When we talk of short-term investment this are the investors who buy Bitcoin for a very short time like days, week or month just to see small profit, so this are bitcoin traders.

Personally, I consider guys who are investing less than 4 years to be traders rather than investors, since there are so many guys fucking around trying to play bitcoin cycles, which is likely an inferior practice, especially if they are relatively new to bitcoin and they are still in their early bitcoin accumulation years.  You likely don't know the difference between investing and trading if you are wanting to proclaim yourself (or whoever?) to be investors merely because you are planning to hold bitcoin for more than a year, but you have no fucking clue about developing an investment timeline that is 4-10 years or longer, and unless you are elderly or you have health concerns, it is probably best if you figured out ways to have your bitcoin investment timeline to be longer than 10 years...

I totally agree that holding BTC for a years does not make someone an investor, the difference between investing and trading is time frame, mindset and strategy, because a lot of people who call themselves investors still create their time trying to time  bitcoin movement, which is like trading. A very honest long term investor only focuses on accumulating bitcoin more than many years rather than follow short term. In bitcoin investment consistency and patience are the things that define successful bitcoin investing.

[PhilosopherKing]

On my own view i consider this person that hold bitcoin for more than a year as a bitcoin holder because they can not compare them with bitcoin Traders, so in Bitcoin Community this particular persons is also called HODLers. This can also be considered as a long-term investment.

How many Bitcoin do you seriously think you can accumulate under one year or two years? Oh do you even think there is guarantee that you will even get profit within that one year? Investing for even four year does not guarantee you profit. And when the investment is done in two years that dosen't even make you a investor. Investor are those that ongoingly invest for a long time timeline that is more than four year. Bitcoin is not a fast money scheme, so just stop treating it as such. Bitcoin is a long time investment, so it will be very pointless for you to be investing in it for short time, because that one year is short for you to build up a good number of bitcoin stash.

[TrialBitcoin]

On my own view i consider this person that hold bitcoin for more than a year as a bitcoin holder because they can not compare them with bitcoin Traders, so in Bitcoin Community this particular persons is also called HODLers. This can also be considered as a long-term investment.

How many Bitcoin do you seriously think you can accumulate under one year or two years? Oh do you even think there is guarantee that you will even get profit within that one year? Investing for even four year does not guarantee you profit. And when the investment is done in two years that dosen't even make you a investor. Investor are those that ongoingly invest for a long time timeline that is more than four year. Bitcoin is not a fast money scheme, so just stop treating it as such. Bitcoin is a long time investment, so it will be very pointless for you to be investing in it for short time, because that one year is short for you to build up a good number of bitcoin stash.

I agree that many people underestimate how long Bitcoin investing should be. A one- or two-year timeframe is too short to judge whether Bitcoin is a successful investment, especially given its volatility. Long-term investors focus on steadily accumulating Bitcoin with money they can afford to leave untouched, rather than chasing quick profits. While there are no guarantees of profit even after four years, history has shown that patience has generally rewarded those who stay consistent and avoid panic selling. Bitcoin is better viewed as a long-term wealth-building asset than a get-rich-quick scheme.

[JayJuanGee]

[edited out]

I personally also consider investing less than 4 years as a trader rather than an investor, I get your point correctly and I understand your explanation clearly, just that everyone explain their things based on their understanding because the more than a year that I said simply means it's can extend up to 10 years or more, i don't encourage anyone to invest bitcoin in a period of a year because I don't think it's going to be a very good idea.

More than a year can be up to 10 years or more, assume I specify it then I will say it is a very short time but based on my own explanation, I simply means more than a year which will exceed up to 10 years or more.

I think that your explanation is all over the place, and sure, you may have some decently good ideas, yet I still believe that it is problematic to describe guys who are trying to play the cycles as investors, even though some of them might be using selling as a means to try to buy back cheaper (which may or may not work), and surely there are guys who want to use bitcoin to buy things in shorter time periods and to "take profits," which I also consider to be inferior approaches even though everyone is free to choose their own trade offs, including that some guys end up doing way worse when they sell too much bitcoin too soon, even though maybe they ended up making 5x or more profits on the portions of the coins that they sold, but then maybe they engaged in consumption or even bought residential property, and then they are never able to get the coins back that they sold, which may well cause them regrets if they actually go through the calculations and the comparisons.

Yes, mental and behavioural control are just as important as financial management and risk management in investing.  Managing fear, greed, panic selling, FOMO, because all these are not as easy as it sound.  Even learned investors still cannot be completely relaxed when there's a dip, that's because the mind is involved.

Only those who are strong enough to control all these despite the pressure can make it through.  So, risk management, financial management and behavioural control are all important, if one is missing the others can't save you.

All things been equal, you need a solid emergency funds and other back up funds to be able to HODL longer too. I know the mind and money is involved, thus, a high level of control is needed to be able to HODL longer. But then again, if an investor is able to put things in place rightly, like ensuring a strong back up funds, proper income management and then allocate properly, I think these things gives him an edge over the fears of the Dip, plus an investment mindset.

You believe that holding bitcoin more than a year makes a guy a bitcoin investor rather than a bitcoin trader?

What's a year compared to 1-2 circles(4-8years), yet, there is no assurance of what Bitcoin might be in those years of HODLing. Perhaps, holding for just a year or just few years doesn't make you an investor but still a trader. Why the rush to sell? People even HODL upto 2-3 or even more circles.

Depending on how much a person is able to invest, even for a lot of guys who are ONLY able to invest less than 10% of their income into bitcoin, it could take well over 10 years before they really start to feel that their bitcoin stash is getting to a reasonably decent size so that they might be in a position to start to slow down in their bitcoin accumulation (through buying).

Frequently we talk about 4-10 years or longer, and surely guys can figure out their progress at various points along the way and consider if they might need to change any of their accumulation approaches or just continue to buy bitcoin on a regular and consistent basis.

[edited out]

There is no need to bother if  someone is trying to prove a point that they are investor when they are not because the market will decide for them whether they are actually long term holder or they are just swing in swing out ( to make profit which is the mindset of every traders), because one funny thing about the market is that it will test your patient and mental health to see if you are actually a long term investor, emotional person or trader ( short term Investor) so don't bother yourself.

Since we are in a forum and we are batting around ideas related to bitcoin, bitcoin investing, cashflow management and other related topics, there are reasons to get clarification and sometimes even to criticize members when they are using language that is confusing, ambiguous and/or misleading.

[edited out]

I totally agree that holding BTC for a years does not make someone an investor, the difference between investing and trading is time frame, mindset and strategy, because a lot of people who call themselves investors still create their time trying to time  bitcoin movement, which is like trading. A very honest long term investor only focuses on accumulating bitcoin more than many years rather than follow short term. In bitcoin investment consistency and patience are the things that define successful bitcoin investing.

Success in bitcoin is not guaranteed, even if newbie bitcoiners do all of the right things in terms of how they buy bitcoin and their ongoing strengthening of their cashflow management (and back up funds) and even if they ongoingly and consistently buy bitcoin at reasonable levels for 4-10 years or longer, they are still not guaranteed to be successful.

[Bigjoe33]

So it is important for us to accept the reality and invest correctly, you must first understand your expectations and intentions, and after understanding the nature of Bitcoin, you must decide to invest.

Do you need all these before you can start your bitcoin investment. I don't think so, all you need is to have a purpose of investing in bitcoin and start investing immediately, your discretionary income is available.

You don't have to dispute with him, of course is your choice to decide the step to take whether you're going to getting started without getting the basic knowledge since you already know how to make bitcoin purchase or you hold on to bitcoin investment until you get the basic knowledge so the choice is yours. And for that I'm not going to say that waiting to get all those things he mentioned above is not a good idea of course he have the right to figure out  the things he know that after getting those things, there will no be any challenges.

Are you serious right now @ Versatile? This is Bitcoin investment and not some house chores where you decide when to and not to do it.
 
The best time to start your investment is when you have been able to figure out your discretionary income. With it, you can begin accumulating Bitcoin right away and slowly figure out other things as you go. You can't possibly wait to learn and acquire all the knowledge before you start, nope. If you do that, then am afraid you may not start anytime soon since you can't really learn everything all at once. I believe the best knowledge is gotten from experience which gives you a first hand knowledge while already in the market.

 So, anyone saying he wants to learn everything and get all the desired knowledge about Bitcoin investment before they begin there accumulation is getting it wrong and may never start anytime soon. That's a wrong investment mentality and must be corrected. With the little basic knowledge and the readiness of your Discretionary income, you are good to go

[ZeroVinsonN]

On my own view i consider this person that hold bitcoin for more than a year as a bitcoin holder because they can not compare them with bitcoin Traders, so in Bitcoin Community this particular persons is also called HODLers. This can also be considered as a long-term investment.

How many Bitcoin do you seriously think you can accumulate under one year or two years? Oh do you even think there is guarantee that you will even get profit within that one year? Investing for even four year does not guarantee you profit. And when the investment is done in two years that dosen't even make you a investor. Investor are those that ongoingly invest for a long time timeline that is more than four year. Bitcoin is not a fast money scheme, so just stop treating it as such. Bitcoin is a long time investment, so it will be very pointless for you to be investing in it for short time, because that one year is short for you to build up a good number of bitcoin stash.

I agree that many people underestimate how long Bitcoin investing should be. A one- or two-year timeframe is too short to judge whether Bitcoin is a successful investment, especially given its volatility. Long-term investors focus on steadily accumulating Bitcoin with money they can afford to leave untouched, rather than chasing quick profits. While there are no guarantees of profit even after four years, history has shown that patience has generally rewarded those who stay consistent and avoid panic selling. Bitcoin is better viewed as a long-term wealth-building asset than a get-rich-quick scheme.

Success isn't guaranteed in bitcoin investment but go be able to stand a chance an investor has to be going in long term, 2 years is not nearly long enough for someone who claims to be a bitcoin investor to hold bitcoin for, a person needs to be able to hold for at least twice that long and that's me saying 'at least' because even 4 isn't really long enough, people need to understand that if they are looking to make profit quick then bitcoin isn't going to give them what they want because that not how bitcoin investment works.

[The Founding Titan]

So it is important for us to accept the reality and invest correctly, you must first understand your expectations and intentions, and after understanding the nature of Bitcoin, you must decide to invest.

Do you need all these before you can start your bitcoin investment. I don't think so, all you need is to have a purpose of investing in bitcoin and start investing immediately, your discretionary income is available.

Maybe, after you have bought your first bitcoin, you can continue doing any thing you want to think about but don't put big expectations on bitcoin so that, you don't end up using all your life savings to buy bitcoin and regret it later if the market goes against you

There's need wasting time on some irrelevant things because lost opportunity cannot be recovered which is why you need to get the fuck out of the no coiner zone and be a low coiner as soon as you can because that puts you in a better position than a no coiner.

There are not even necessary for someone to be able to start investing, people need to learn to get their priorities right when it comes to bitcoin investment, what expectations first need to be understood? The more time a person spends on these things the more buying opportunities they will end up missing.
Bitcoin investment just needs discretionary income to get started, once that has been figured out a person who want to become a bitcoin investor can start buying bitcoin and if they don't already have their backup funds in place start saving up for it as they bitcoin using their discretionary income for the two.

[Alonso_]

Success in bitcoin is not guaranteed, even if newbie bitcoiners do all of the right things in terms of how they buy bitcoin and their ongoing strengthening of their cashflow management (and back up funds) and even if they ongoingly and consistently buy bitcoin at reasonable levels for 4-10 years or longer, they are still not guaranteed to be successful.

You’re absolutely right, success in bitcoin isn’t guaranteed, which is why as an investor you have to do something that gives you an chance an opportunity to stay consistent with buying and accumulating bitcoin, because when you stay consistent and keep buying bitcoin that is something that can give you an opportunity of having a successful investments.

There are things that we can decide to do right, having basic knowledge, and when I have started to a certain point, then having a backup funds plans, and also trying to increase my cashflows and also trying to stay consistent either on a weekly on monthly basis of buying and accumulating bitcoin that can give a chance and opportunity of having a successful investment, but not guaranteed

[Tongley]

Success in bitcoin is not guaranteed, even if newbie bitcoiners do all of the right things in terms of how they buy bitcoin and their ongoing strengthening of their cashflow management (and back up funds) and even if they ongoingly and consistently buy bitcoin at reasonable levels for 4-10 years or longer, they are still not guaranteed to be successful.

You’re absolutely right, success in bitcoin isn’t guaranteed, which is why as an investor you have to do something that gives you an chance an opportunity to stay consistent with buying and accumulating bitcoin, because when you stay consistent and keep buying bitcoin that is something that can give you an opportunity of having a successful investments.

There are things that we can decide to do right, having basic knowledge, and when I have started to a certain point, then having a backup funds plans, and also trying to increase my cashflows and also trying to stay consistent either on a weekly on monthly basis of buying and accumulating bitcoin that can give a chance and opportunity of having a successful investment, but not guaranteed

What do you mean by having an alternative fund plan after reaching a certain level, if you are interpreting your comment as creating an emergency fund then I do not agree with you at all. Because if your goal is to save 5 bitcoins and if you aim to create an emergency fund after purchasing 1 bitcoin or decide to create an emergency fund then this is not the right decision at all. If we do not have an emergency fund when we start investing then it will be a good decision to keep some amount of money for our emergency fund at the beginning. Divide the discretionary income into three levels and divide it according to our desire or our investment goal as to how much money we will keep in each level. For example, we can keep 20% for emergency fund, 10% or 15% for additional expenses and the rest for our investment, but it depends on our personal decision as to how much money we will keep in which sector.

[Grease5000]

Yes, mental and behavioural control are just as important as financial management and risk management in investing.  Managing fear, greed, panic selling, FOMO, because all these are not as easy as it sound.  Even learned investors still cannot be completely relaxed when there's a dip, that's because the mind is involved.

Only those who are strong enough to control all these despite the pressure can make it through.  So, risk management, financial management and behavioural control are all important, if one is missing the others can't save you.

It true that behavioural control is a key part of long term investing because fear,panic, and FOMO can easily push investors into making emotional decisions. Because at times even experience investors feel uncomfortable during big price drops. The difference  between them and newbies or inexperience  investor is is that they don't let those emotions control their actions.

At the same time, behavioural control can becomes much easier when it is supported by good financial management and risk management. If you invest only your discretionary income, keep an emergency fund, and avoid taking on unnecessary debt to invest, you are less likely to panic and sell during market downturns. Because a strong financial foundation gives you the confidence to stay with your long term plan.

So I agree that all three work together. Because  Long term investing is not about never feeling fear It is about sticking to your strategy despite it.

[cxtreenal]

Success in bitcoin is not guaranteed, even if newbie bitcoiners do all of the right things in terms of how they buy bitcoin and their ongoing strengthening of their cashflow management (and back up funds) and even if they ongoingly and consistently buy bitcoin at reasonable levels for 4-10 years or longer, they are still not guaranteed to be successful.

You have given a very clear message and I am trying to understand the underlying meaning of your words. If you had given investors too much dream of giving high profits and finally reached your recommended period, they would have blamed you. We must take realistic decisions regarding Bitcoin and accumulate Bitcoin regularly through discretionary income. There will be risks in investing and we investors are not exempt from those risks. It is always wise to apply a risk tolerant strategy in any decision we make in investing. Whether we will be guaranteed success depends on the long term investment strategy we adopt because regular DCA and maintaining cash flow as well as the effective apply of buying Bitcoin to lump sum strategy and personal long term investment strategy during bearish times will increase the size of the portfolio while reducing the average value of our long term accumulation.

[Frankolala]

And for that I'm not going to say that waiting to get all those things he mentioned above is not a good idea of course he have the right to figure out  the things he know that after getting those things, there will no be any challenges.

Who told you that even if he learns all that first that there will be no challenges in his bitcoin journey that is expected to be from ten years and above. Challenges must come your way which is why you must prepare for them by setting up your emergency funds and backup funds as you are investing to overcome some of them in order for you not to sell your bitcoin prematurely, when it's not of your will.

Mistakes are bound to happen and some mistakes can cost us a lot that we might regret it all through or be able to cover up for it in future. This is the reason why you are to also look for other means to increase your income and practice financial management in order to cut down expenses and get a second means of income so that, you don't solemnly rely on your bitcoin investment as the primary source to tap from in future.

When you start investing and learn as you go, you will experience a lot and learn better from your experience and not just relaxing sitting comfortably reading theories with nothing to show for it. It's also a delay to start accumulating and that will definitely reduce the size of bitcoin that you're supposed to accumulate in future so you see, that the person delaying is losing in all angles because you are only to be buying and nothing selling which shouldn't be a problem to a brand new investor with his discretionary income who have decided to invest into bitcoin.

[Sim_card]

There are things that we can decide to do right, having basic knowledge, and when I have started to a certain point, then having a backup funds plans, and also trying to increase my cashflows and also trying to stay consistent either on a weekly on monthly basis of buying and accumulating bitcoin that can give a chance and opportunity of having a successful investment, but not guaranteed

You don't need to start investing into bitcoin to a point maybe, two months or more before you start planning to have a backup funds if not, it will be a big problem to you and can still lead to early selling of those bitcoin that you accumulated because you don't know when a real life emergency will pop up.

What if after the first three weeks of purchase and a real life emergency pops up and you would have been able to take care of it with a little amount of money don't you think that you will have to sell those bitcoin.

There's always need for you to balance your emergency funds and your bitcoin investment in the beginning of your bitcoin journey as a brand new investor without any form of backup funds on ground. It's good that as you are starting your bitcoin investment, you should also start building your emergency funds at the same time simultaneously.

You can share your discretionary income into three equal parts and use the first part for your regular weekly DCA, the second part to build your emergency funds and the last part for your discretionary consumption so that, you can comfortably invest in Bitcoin and look for other means to increase your income to enable you ongoingly accumulate bitcoin till you reach your bitcoin target.

[ZeroVinsonN]

Whether we will be guaranteed success depends on the long term investment strategy we adopt because regular DCA and maintaining cash flow as well as the effective apply of buying Bitcoin to lump sum strategy and personal long term investment strategy during bearish times will increase the size of the portfolio while reducing the average value of our long term accumulation.

We are still not guaranteed success regardless of the strategy we us or how long we invest for, although the chances for it are higher but it is never guaranteed, this is one thing every bitcoin investor and those who still want to start buying bitcoin should have in the backs of their minds, there is no way to tell what the future holds for bitcoin so there is no way for us to says what's going to be successful and what's not even though we are hoping for success, this is also one of the reasons why we invest with money we can afford to lose.