Investment Become Gambling

[cxtreenal]

I wonder why one will chose to do such,
First of all Bitcoin investment is made with discretionary income not even your money, so going as far as borrowing money is just ignorance. Even if Bitcoin has 100% guarantee the positive results will be realised after years, before then the interest of the borrowed money is already close to the profits you have realised in Bitcoin so it is not worth it

Profit isn't a guarantee in bitcoin investment which is the main reason why you should only invest with what you can afford to lose so that, you don't end up using all your savings to invest in bitcoin and end up in poverty if the price goes against you in the future.

However, the odd of bitcoin price moving uptrend is higher than moving downtrend which is why bitcoin is what throwing some value into for the future. Another thing is that bitcoin preserves your wealth because it's a store of value making it a good asset to save your extra funds into instead, of keeping it in the bank. Build and grow your bitcoin portfolio to your target and allow bitcoin to grow naturally overtime. As for taking loans, I'm out.

The advice you have given is sound. It is not guaranteed that you will make a profit on Bitcoin investment. You can only assume that the value of this asset will increase in the coming years as expected. I also assume that it may fall further than it is currently. But as the structural peculiarities of Bitcoin have made it a store of value, such efforts will increase because the number of long term investors is gradually increasing. The increase in the number of individual long term investors means that these investors are becoming aware of the intrinsic value of Bitcoin and are gradually becoming more numerous.

In general if you keep fiat deposits in the bank it will not grow naturally because inflation will reduce most of its value. By analyzing this simple equation of fiat depreciation, you will continue to grow your Bitcoin portfolio naturally. Instead of expecting to make a profit/making short term and unplanned decisions, focus on long term Bitcoin accumulation and getting a worthy portfolio.

[Rhow]

Why would someone who's just starting out on their bitcoin investment want to start with a loan in the first place, something you are not familiar with and you want to start with borrowed money is the definition of someone making a financial mistake and worst of all this mistake is being made from the very start of their investment journey, for a newbie who wants to start buying bitcoin they should first of all figure out their discretionary income and start buying bitcoin from there.

As a first-timer or as a newbie investor, starting a Bitcoin investment with a loan means you're already at a disadvantage with this investment just at the start because when you borrow money to invest in something that you don't have a proper understanding of, it's even gambling because you're already in debt with the loan, and how do you cope with the risk? Because the market is volatile, it goes up and down; sometimes we can have a 20%-30% market drawdown, and this will definitely force you to sell, and put you in panic mode, which is why it's advisable you should use your discretionary income only for such investments, and this way you won't panic sell during a huge market volatility.

If a person who has just started investing and has no previous experience or any other type of investment, if he invests with a loan at the beginning, then he is definitely involved in gambling in the name of investment. Because a new person who does not know about the volatility of Bitcoin or has never faced a fall and invests without depending on his financial situation, he will definitely make a wrong decision and he is going to face losses for this mistake.

However, there are some people who have invested elsewhere in the past and who are aware of the risks and have taken loans based on their financial situation and are not dependent on Bitcoin to repay the loan, that person can invest with a loan if they want.

I agree with you that a new investor who wants to start investing with a loan may be under unnecessary stress from the beginning. But just because he is an experienced person and can repay the installments from other income, it does not make it reasonable to invest with a loan. The loan money is never part of discretionary income. Rather, it can create a liability on future income. Although it is important to start with Bitcoin, trying to improve your position by rushing to take a loan can often make you financially vulnerable. He can buy more with the installment part without taking a loan. Again, if the price is low for a long time after investing with a loan, even an experienced investor can feel mental and financial stress.

[Nwaswago]

Why would someone who's just starting out on their bitcoin investment want to start with a loan in the first place, something you are not familiar with and you want to start with borrowed money is the definition of someone making a financial mistake

I wonder why one will chose to do such,
First of all Bitcoin investment is made with discretionary income not even your money, so going as far as borrowing money is just ignorance. Even if Bitcoin has 100% guarantee the positive results will be realised after years, before then the interest of the borrowed money is already close to the profits you have realised in Bitcoin so it is not worth it

There are situations where a person can take a loan to invest in bitcoin and it wouldn't cause any problems as long as they are not planning on paying back the loan from the profits they will get from their bitcoin investment, success isn't guaranteed but if that was not even the case it is still a long term investment so the loan will have to be paid for from an alternate source which is your discretionary income.
My point is that a newbie shouldn't be considering this as an option to buy bitcoin with, they are still too new in the bitcoin investment space, they've probably never experienced any DIP yet and without knowing how they will react to it, after using a loan to buy bitcoin they might not be able to keep themselves from selling too early.

I agree that borrowing money to invest in Bitcoin changes the nature of the investment. Once you're under pressure to repay a loan, your decisions are often driven by deadlines rather than conviction. That's when emotions like panic start taking over, especially during market volatility.
I would only add that saying invest only what you can afford to lose is a good advice, but for long-term Bitcoin holders, it's also worth thinking in terms of what you can afford to leave untouched for a long period. If you need the money in a few months, even a good investment can become a bad experience because you may be forced to sell at the wrong time.
Bitcoin has historically rewarded patience, but no one can guarantee future returns.

[Xackie]

Why would someone who's just starting out on their bitcoin investment want to start with a loan in the first place, something you are not familiar with and you want to start with borrowed money is the definition of someone making a financial mistake and worst of all this mistake is being made from the very start of their investment journey, for a newbie who wants to start buying bitcoin they should first of all figure out their discretionary income and start buying bitcoin from there.

As a first-timer or as a newbie investor, starting a Bitcoin investment with a loan means you're already at a disadvantage with this investment just at the start because when you borrow money to invest in something that you don't have a proper understanding of, it's even gambling because you're already in debt with the loan, and how do you cope with the risk? Because the market is volatile, it goes up and down; sometimes we can have a 20%-30% market drawdown, and this will definitely force you to sell, and put you in panic mode, which is why it's advisable you should use your discretionary income only for such investments, and this way you won't panic sell during a huge market volatility.

If a person who has just started investing and has no previous experience or any other type of investment, if he invests with a loan at the beginning, then he is definitely involved in gambling in the name of investment. Because a new person who does not know about the volatility of Bitcoin or has never faced a fall and invests without depending on his financial situation, he will definitely make a wrong decision and he is going to face losses for this mistake.

However, there are some people who have invested elsewhere in the past and who are aware of the risks and have taken loans based on their financial situation and are not dependent on Bitcoin to repay the loan, that person can invest with a loan if they want.

I agree with you that a new investor who wants to start investing with a loan may be under unnecessary stress from the beginning. But just because he is an experienced person and can repay the installments from other income, it does not make it reasonable to invest with a loan. The loan money is never part of discretionary income. Rather, it can create a liability on future income. Although it is important to start with Bitcoin, trying to improve your position by rushing to take a loan can often make you financially vulnerable. He can buy more with the installment part without taking a loan. Again, if the price is low for a long time after investing with a loan, even an experienced investor can feel mental and financial stress.

Surely, someone that borrows loan must be aware that he has to pay back. As long as someone has the ability and capacity to pay back before it's due date, then I don't really see any problems if they invest into Bitcoin with loan money.  There might be some cases where investors over spent their income leaving no room for discretionary income, if they don't have any other means to source for funds, they could just borrow the amount they need in investing into Bitcoin. It not like they are borrowing huge amount of thousands of dollars, at least if they are one $200 weekly DCA accumulation and they realised that they've mistakenly (if they don't budget and track their money) over spent, then they'd can borrow the amount they need to invest maybe ($800 or less ) to cover the week the discretionary income will be needed to buy Bitcoin.

(NB: Never take loan to invest in bitcoin, unless you have a reliable way to pay back)

[The Founding Titan]

Why would someone who's just starting out on their bitcoin investment want to start with a loan in the first place, something you are not familiar with and you want to start with borrowed money is the definition of someone making a financial mistake

I wonder why one will chose to do such,
First of all Bitcoin investment is made with discretionary income not even your money, so going as far as borrowing money is just ignorance. Even if Bitcoin has 100% guarantee the positive results will be realised after years, before then the interest of the borrowed money is already close to the profits you have realised in Bitcoin so it is not worth it

There are situations where a person can take a loan to invest in bitcoin and it wouldn't cause any problems as long as they are not planning on paying back the loan from the profits they will get from their bitcoin investment, success isn't guaranteed but if that was not even the case it is still a long term investment so the loan will have to be paid for from an alternate source which is your discretionary income.
My point is that a newbie shouldn't be considering this as an option to buy bitcoin with, they are still too new in the bitcoin investment space, they've probably never experienced any DIP yet and without knowing how they will react to it, after using a loan to buy bitcoin they might not be able to keep themselves from selling too early.

I agree that borrowing money to invest in Bitcoin changes the nature of the investment. Once you're under pressure to repay a loan, your decisions are often driven by deadlines rather than conviction. That's when emotions like panic start taking over, especially during market volatility.
I would only add that saying invest only what you can afford to lose is a good advice, but for long-term Bitcoin holders, it's also worth thinking in terms of what you can afford to leave untouched for a long period. If you need the money in a few months, even a good investment can become a bad experience because you may be forced to sell at the wrong time.
Bitcoin has historically rewarded patience, but no one can guarantee future returns.

Which is why we invest with our discretionary income and which is also why investors are advised to make sure that their backup funds are in place, emergencies can actually happen at anything, their unpredictablity is why we should try to always be prepared for them to happen, your reserve fund can also serve for events or occurrences that you are preparing for, you save up for them so that when they happen you want have to resort to selling your bitcoin to be able to pay for them.
An investor who wants to invest with a loan and doesn't have their backup funds in place should seriously reconsider their plans, what's the point in using a loan to buy bitcoin if you are just going to sell it unexpectedly and probably at a loss even.

[Okosisie]

In gambling, winning or losing is mostly determined by luck. Experience will only help you make good decisions. Being lucky or God's grace, however you want to depend on others, may lead you to a monotonous belief and make you lazy. You need to be patient in long term Bitcoin investment or if you want to trade, you need to gain experience. Every action involves perseverance. If you want to achieve something without hard work, it will not be sustainable and you will soon collapse because your foundation was not strong.

There is no denying the importance of luck, especially in gambling. But there is a difference.  While luck is not in our control, the way we make decisions is in our hands, even if two people play with the same amount of money, one sticks to a budget, while the other repeatedly increases the bet on emotion, In the end these small decisions make a big difference.

Similarly investing in Bitcoin is not just about buying and holding,If you can patiently follow a plan, the results will be the same but if you change your mind repeatedly on emotion, the results may be different. Discipline is often more influential than luck.

I agree with you that discipline is definitely important. But you need to understand that two investors may not have the same results even if they follow the same budget and plan. Perhaps discipline can control your behavior, but it cannot control the market outcome.

For example, my friend and I are buying the same amount of Bitcoin. My friend has a steady income, a few months of emergency funds, and the opportunity to hold it for a long time. But my income is irregular and my cash management is so poor that I have to sell Bitcoin if any unexpected expenses come up. Here, even though our buying plan is the same, in reality, the risks and rewards for both of us are not the same.

Then maybe instead of focusing on buying bitcoin alone you should also strive to get your cash management in order, if you are unable to generate discretionary income then you shouldn't be in such a hurry to accumulate bitcoin, instead focus on being able to generate discretionary income first and after that has been figured out you can start buying bitcoin and for safety also set up your emergency fund at the same time, that way you won't have to sell immediately things go south.

Investing becomes gambling when it relies on short-term luck, high leverage, and zero underlying asset research rather than long-term economic value.
The Shift from Investing to Gambling Short-Term Speculation:
1) Buying volatile assets like penny stocks, meme coins, or options expecting a quick 24-hour payout turns a portfolio into a casino.
2) Ignoring Fundamentals: Trading on hype, social media tips, or gut feeling instead of analyzing financial statements, cash flows, or business models.
3) Using Leverage Recklessly: Borrowing heavily via margin or futures to amplify bets transforms calculated risk into pure chance of total ruin.

[James1078]

When you talk about investment is all about taking risk. But don't take a risk that you don't have any knowledge about that particular investment that you want to do. First of all At list before you take That risk at list you need to have 50 to 60% knowledge of that  particular investment that you want to do.that is call smart risk . at list you have known little thing about the investment.

When you are investing you should also avoid money loaning, so that it we not affect you in case you fail remember you are taking a risk.
Most people take this risk but that is not risky is called foolishness.something you don't have much idea no grantee of succeeding of making it yet ,  this when investment becomes gambling.

[Frankolala]

When you talk about investment is all about taking risk. But don't take a risk that you don't have any knowledge about that particular investment that you want to do. First of all At list before you take That risk at list you need to have 50 to 60% knowledge of that  particular investment that you want to do.that is call smart risk . at list you have known little thing about the investment.

When you are investing you should also avoid money loaning, so that it we not affect you in case you fail remember you are taking a risk.
Most people take this risk but that is not risky is called foolishness.something you don't have much idea no grantee of succeeding of making it yet ,  this when investment becomes gambling.

We are talking about bitcoin investment here and not any kind of traditional investment. In bitcoin investment, you don't need 50% knowledge like you said. What you need to common to figure out your discretionary income and how to buy bitcoin with part of it that wouldn't put your under pressure financially. The moment you have bought your first bitcoin, you have started gaining experience about bitcoin investment and learning at the same time. It's good to learn as you DCA weekly because experience is the best teacher.

Your bitcoin investment becomes gambling when you're buying with money that's not your discretionary income and you fail to set up an emergency funds as you have started your bitcoin investment or you choose to become a trader.

[Berry2d]

When you talk about investment is all about taking risk. But don't take a risk that you don't have any knowledge about that particular investment that you want to do. First of all At list before you take That risk at list you need to have 50 to 60% knowledge of that  particular investment that you want to do.that is call smart risk . at list you have known little thing about the investment.

When you are investing you should also avoid money loaning, so that it we not affect you in case you fail remember you are taking a risk.
Most people take this risk but that is not risky is called foolishness.something you don't have much idea no grantee of succeeding of making it yet ,  this when investment becomes gambling.

Considering risk as a case study, risk assessment is  very necessary when talking about investment and if neglected on the process of investment the outcome is what i can't tell because at times it may turn disastrous or turn in our favour.
 
With the constant flauntuation in the cryto world today I don't know if i will say risk assessment is that necessary or I hand all over to luck, many after properly accessing the risk associated to crypto investment still lost when  the unimaginable occurrence was experience some times ago.
I will say while investing in the crypto world especially in bitcoin,  it should be done with hope of positive outcome and not on risk assessment based.

[Cleanslate_]

Bitcoin investment nor good to dey put hand inside all the time na just to the increase your investment na him be the best thing so that you go fit reach your over accumulation stage on time, even if you get financial challenge na for you to find another means no be to come dey sell your investment because at last you go regret am because before you know am, you go just dey seel till yo nor go get any coin again to invest on.

Bitcoin investment nor be trading but investment wey you go achieve for when you leave am for a long term, e go grow come make better profit.

[Charcol]

Surely, someone that borrows loan must be aware that he has to pay back. As long as someone has the ability and capacity to pay back before it's due date, then I don't really see any problems if they invest into Bitcoin with loan money.  There might be some cases where investors over spent their income leaving no room for discretionary income, if they don't have any other means to source for funds, they could just borrow the amount they need in investing into Bitcoin. It not like they are borrowing huge amount of thousands of dollars, at least if they are one $200 weekly DCA accumulation and they realised that they've mistakenly (if they don't budget and track their money) over spent, then they'd can borrow the amount they need to invest maybe ($800 or less ) to cover the week the discretionary income will be needed to buy Bitcoin.

(NB: Never take loan to invest in bitcoin, unless you have a reliable way to pay back)

Considering your current financial situation, you may think that you can take a loan and pay it off later. But later on, it may cause you stress. However, does it become discretionary income if the loan amount is $800, $200 or less? The problem is not the amount of the loan, but the problem is that the loan amount is not yours but it creates a liability on your future cash flow to repay it on time. We cannot advise anyone to take a loan amount of $800 or $200. Because $800 may be small for you, but for someone, it may be equal to a few months' income.

[samadam007]

Considering risk as a case study, risk assessment is  very necessary when talking about investment and if neglected on the process of investment the outcome is what i can't tell because at times it may turn disastrous or turn in our favour.
  
With the constant flauntuation in the cryto world today I don't know if i will say risk assessment is that necessary or I hand all over to luck, many after properly accessing the risk associated to crypto investment still lost when  the unimaginable occurrence was experience some times ago.
I will say while investing in the crypto world especially in bitcoin,  it should be done with hope of positive outcome and not on risk assessment based.

Are you here to talk about Bitcoin or Crypto because I don’t understand you? If you want to discuss Bitcoin investment, then focus on it and stop creating confusion here as if there the same. Bitcoin has a different path and purpose, so it deserve to be discussed on its own instead of mixing with shitcoins

Your conclusion also makes no sense.You first said risk assessment is necessary, but ended up saying folks should invest based on “hope of positive outcome” instead of risk assessment. Pls tell me you’re joking…you’re so carried away with unnecessary crypto talk that’s why you’re giving dangerous advice. FYI, hope won’t pay your bills, stop you from making bad decisions or make the market favour you as you want. Hope without proper planning is nothing more than gambling. Hence:  “investment become gambling”

The purpose of risk assessment is not to predict the future or guarantee profits, but to help investors to decide how much they can afford to leave invested over time, how much risk they can handle and how they will react if the price drops by 50% or more. Even if an investor loses money after assessing the risks, it does not mean the risk assessment failed. It simply means the known risks became a reality

[Princess Leah]

Bitcoin investment nor good to dey put hand inside all the time na just to the increase your investment na him be the best thing so that you go fit reach your over accumulation stage on time, even if you get financial challenge na for you to find another means no be to come dey sell your investment because at last you go regret am because before you know am, you go just dey seel till yo nor go get any coin again to invest on.

Bitcoin investment nor be trading but investment wey you go achieve for when you leave am for a long term, e go grow come make better profit.

If person put money inside Bitcoin let's say when the market dey around $60k then eh come surge to lets say $90k, that na good profit but from investor angle, eh no meam say the person suppose take profit cause eh no be trader but investor and holding long term to meet overaccumulation na goal, some investors dey make that mistake of taking profits when market surge and eh no make sense.

 Doing that mean say the person done dey gamble with em investment cause em go definitely regret with time, many investors dey wey dey behave like traders, I believe say na why OP bring up this topic cause once an investor don't dey collect profits when eh never reach overaccumulation the investment done turn gambling be that.

[Different patterns]

If guys are starting out investing large amounts, then surely they have to make sure that they are overly investing, going beyond their discretionary funds and they likely have to make sure that they are putting in sufficient efforts to strengthen their cashflow management systems/practices, which includes their back up funds, and so yeah, guys might be proclaiming that they are investing  when they are really gambling and/or buying beyond their own abilities... which might end up causing them to have to sell bitcoin at a time that was not of their own choosing.

I agree with you. If someone is investing beyond discretionary income they need to make sure they are not gambling with their funds, meaning they are not thinking about selling soon. I consider your recommendation as a reliable and strong foundation for long-term investing because a cashflow management system is a method through which an investor like any real financial matter will prioritize and be responsible for Bitcoin accumulation.
Considering your financial situation, how to continue accumulation Bitcoin regularly and not create any unwanted pressure to withdraw cashflow management should be considered very seriously just as you are building an emergency fund and keeping Bitcoin holdings safe zone for the long term.

At this point, this discussion is beyond whether someone is thinking of selling his Bitcoin soon or not. An investor might not even have any intentions of selling at all, but if they invest beyond what they can comfortably afford, then is a problem. That’s why JJG emphasized on “discretionary funds” and good “cash flow management”.

The goal is not just to continue to buy BTC, but to make sure your one financial situation is strong enough so you can keep holding no matter what. Long term investing will only work when the foundation is strong enough to support it

Exactly. some people think that having a long term mindset alone is enough for them, forgetting that understanding bitcoin should work together with managing your personal finances. because a investor can have 100% confidence in bitcoin, but still make a poor decision, if they ignore their financial situation. This is one of the reasons the idea of using the discretionary income is very important, because that’s not only protect the person life, it also protects the bitcoin investment. when cash flow is well handled and emergency savings, the market volatility becomes much easier to handle, because you won’t depend on bitcoin to solve the problem.

[JoyceBTC]

If someone wants to start with a loan or already has a loan, then they should consider their position before investing. Why they have to take a loan is also an important factor, how they will move forward financially after taking the loan. Taking a loan cannot be bad if the interest rate is relatively low and someone thinks that they can get more returns from Bitcoin, then they can take a risk. However, there is uncertainty with this decision because Bitcoin can also give profits and can also bring losses. Therefore, the decision should be made considering the cost of the loan and their own capabilities.

Why would someone who's just starting out on their bitcoin investment want to start with a loan in the first place, something you are not familiar with and you want to start with borrowed money is the definition of someone making a financial mistake and worst of all this mistake is being made from the very start of their investment journey, for a newbie who wants to start buying bitcoin they should first of all figure out their discretionary income and start buying bitcoin from there.

Most newbies go as far as taking loan to invest in bitcoin because most of them are just after quick profit, they are not necessarily doing it because of the future or long term, they are doing it because of what they’ve heard, maybe from the person who introduced them to bitcoin and they feel it’s a fast way of making money. They don’t have that patience to wait to have their own money before investing, they quickly borrow to invest, hoping for bitcoin to quickly rise, so they can sell within a short term, take the profit and pay back the original money they borrowed, which is the first financial mistake an investor will make.

It is a financial mistake because to them, bitcoin investment becomes gambling without thinking of what if things go otherwise, what if a dip happens. Patience is very important before starting and during an investment, because no successful investment without patience.
Newbies should know that bitcoin investment creates opportunities for people, as a means of building wealth over time, not as a way of making quick money.

[Hardyrobust]

Bitcoin investment nor good to dey put hand inside all the time na just to the increase your investment na him be the best thing so that you go fit reach your over accumulation stage on time, even if you get financial challenge na for you to find another means no be to come dey sell your investment because at last you go regret am because before you know am, you go just dey seel till yo nor go get any coin again to invest on.

Bitcoin investment nor be trading but investment wey you go achieve for when you leave am for a long term, e go grow come make better profit.

If person put money inside Bitcoin let's say when the market dey around $60k then eh come surge to lets say $90k, that na good profit but from investor angle, eh no meam say the person suppose take profit cause eh no be trader but investor and holding long term to meet overaccumulation na goal, some investors dey make that mistake of taking profits when market surge and eh no make sense.

 Doing that mean say the person done dey gamble with em investment cause em go definitely regret with time, many investors dey wey dey behave like traders, I believe say na why OP bring up this topic cause once an investor don't dey collect profits when eh never reach overaccumulation the investment done turn gambling be that.

It is not ideal for someone that is still in accumulations phase , maybe a low coiner to sell there bitcoin during bull market. This decision of taking profits from there investment is going to affect there bitcoin portfolio. They may end up becoming a no coiner and this is very wrong. Those that are low coiner or that are still far from there investment targets should focus more on continuous accumulation of bitcoin and to try to outsmart the market. So , you are right that those that decide to take profits from there investment when they still in there accumulation phase are gambling with bitcoin and this is very risky because bitcoin rewards only those that are patient and consistent with there bitcoin investment.

[Halifat]

Bitcoin investment nor good to dey put hand inside all the time na just to the increase your investment na him be the best thing so that you go fit reach your over accumulation stage on time, even if you get financial challenge na for you to find another means no be to come dey sell your investment because at last you go regret am because before you know am, you go just dey seel till yo nor go get any coin again to invest on.

Bitcoin investment nor be trading but investment wey you go achieve for when you leave am for a long term, e go grow come make better profit.

If person put money inside Bitcoin let's say when the market dey around $60k then eh come surge to lets say $90k, that na good profit but from investor angle, eh no meam say the person suppose take profit cause eh no be trader but investor and holding long term to meet overaccumulation na goal, some investors dey make that mistake of taking profits when market surge and eh no make sense.

 Doing that mean say the person done dey gamble with em investment cause em go definitely regret with time, many investors dey wey dey behave like traders, I believe say na why OP bring up this topic cause once an investor don't dey collect profits when eh never reach overaccumulation the investment done turn gambling be that.

It is not ideal for someone that is still in accumulations phase , maybe a low coiner to sell there bitcoin during bull market. This decision of taking profits from there investment is going to affect there bitcoin portfolio. They may end up becoming a no coiner and this is very wrong. Those that are low coiner or that are still far from there investment targets should focus more on continuous accumulation of bitcoin and to try to outsmart the market. So , you are right that those that decide to take profits from there investment when they still in there accumulation phase are gambling with bitcoin and this is very risky because bitcoin rewards only those that are patient and consistent with there bitcoin investment.

You are absolutely right, at least any investor should be able to hold their Bitcoin within a period of 4 to 8 years or even more before they can think of taking profit. If someone decided to take profit at the early stage when the accumulation Is not enough, definitely they are just an ordinary trader not an investor. This kind of situation usually happen to the young generation coming up to the cryptospace, but their aim was not to hold for a very long term, instead the seat as a way of making quick money which was why they always ended up losing their money, their thinking always is that trading in cryptocurrency is seen as gambling that is why they don't think twice when taking decision.

[Queen uloma]

The story defined the investment to really look gambling, the issue is that when the purpose and vision to one's investment is not properly defined it will surely collapsed or become gambling, they investor has long term dream within the lips but but by the market , decision while holding or running any investment should goes beyond certain level that not everything around the investment move the investor to react lacking patient will never survive but will end gambling it's investment.

I get the point you’re trying to make, but for me the difference between investing and gambling isn’t whether a person has a longterm plans. But it’s the quality of your decisions making and the understanding of the asset that matters. Many people say that they are long term investors, but when the market drops, fear will make them panic to sell. While others will buy bitcoin because of over hype and the fear of missing out without understanding what they’re investing in. This kind of behavior is what makes investment looks like gambling because emotions has taken over. Patience is one of the important qualities that every investors  needs.

There’s no investment that will be, without no gain and losses. If every market movement Is pushing you to make emotional decisions, you will likely buy high, sell low and endup Losing all your money. At the same time, patient is not enough, investors also need knowledge, discipline, and a clear investment strategy. Sometimes reacting to market changes is necessary if the fundamentals of the investment has changed.  The main goal is to neglect everything that’s happening but to avoid making decisions based on excitement, or fear. Investing becomes gambling when decisions are driven by emotions and hoping to get rich quickly instead of careful research, and proper planning.

[Cgrexp]

Why would someone who's just starting out on their bitcoin investment want to start with a loan in the first place, something you are not familiar with and you want to start with borrowed money is the definition of someone making a financial mistake

I wonder why one will chose to do such,
First of all Bitcoin investment is made with discretionary income not even your money, so going as far as borrowing money is just ignorance. Even if Bitcoin has 100% guarantee the positive results will be realised after years, before then the interest of the borrowed money is already close to the profits you have realised in Bitcoin so it is not worth it

There are situations where a person can take a loan to invest in bitcoin and it wouldn't cause any problems as long as they are not planning on paying back the loan from the profits they will get from their bitcoin investment, success isn't guaranteed but if that was not even the case it is still a long term investment so the loan will have to be paid for from an alternate source which is your discretionary income.
My point is that a newbie shouldn't be considering this as an option to buy bitcoin with, they are still too new in the bitcoin investment space, they've probably never experienced any DIP yet and without knowing how they will react to it, after using a loan to buy bitcoin they might not be able to keep themselves from selling too early.

I agree that borrowing money to invest in Bitcoin changes the nature of the investment. Once you're under pressure to repay a loan, your decisions are often driven by deadlines rather than conviction. That's when emotions like panic start taking over, especially during market volatility.
I would only add that saying invest only what you can afford to lose is a good advice, but for long-term Bitcoin holders, it's also worth thinking in terms of what you can afford to leave untouched for a long period. If you need the money in a few months, even a good investment can become a bad experience because you may be forced to sell at the wrong time.
Bitcoin has historically rewarded patience, but no one can guarantee future returns.

Which is why we invest with our discretionary income and which is also why investors are advised to make sure that their backup funds are in place, emergencies can actually happen at anything, their unpredictablity is why we should try to always be prepared for them to happen, your reserve fund can also serve for events or occurrences that you are preparing for, you save up for them so that when they happen you want have to resort to selling your bitcoin to be able to pay for them.
An investor who wants to invest with a loan and doesn't have their backup funds in place should seriously reconsider their plans, what's the point in using a loan to buy bitcoin if you are just going to sell it unexpectedly and probably at a loss even.

The amount of money that investors allocate to each category depends on their personal preferences. Many of us realize that if we have already accumulated a good amount of money in our emergency fund and other auxiliary funds, also called reserves, then those funds will serve their purpose well and if we do not touch them or deplete them. However, many of our lives are probably quite volatile. So even if we have built up various auxiliary funds, at some point in our real life, an additional expense may come up that we did not expect. In this situation, various parts of our backup fund may be depleted by an excessive amount and it may take us several months to get back to our previous comfortable state. When such funds are ready, the need to sell investments for unexpected expenses is reduced. Especially in the case of volatile assets like Bitcoin .  being forced to sell at a loss due to necessity can disrupt long-term investment plans. Investing in Bitcoin with a loan should be considered carefully. There is a fixed repayment period for the loan. But there is no guarantee in the market. That the investment will be profitable within that time. As a result, you may have to sell Bitcoin before the optimal time to repay the loan, even at a loss.

[Alonso_]

You are absolutely right, at least any investor should be able to hold their Bitcoin within a period of 4 to 8 years or even more before they can think of taking profit. If someone decided to take profit at the early stage when the accumulation Is not enough, definitely they are just an ordinary trader not an investor. This kind of situation usually happen to the young generation coming up to the cryptospace, but their aim was not to hold for a very long term, instead the seat as a way of making quick money which was why they always ended up losing their money, their thinking always is that trading in cryptocurrency is seen as gambling that is why they don't think twice when taking decision.

You make so much sense, before someone should be talking about taking their profit should be when they’ve gotten to over accumulation, which can be considered with first and second circle which is in the duration of 4-8 years, but there are people who doesn’t have enough profits even when they’ve gotten to first and second circle, they would still have to keep buy and accumulating bitcoin, there are people who are just more interested in short term profits, they’re not interested in buying and holding bitcoin for a longer term, they’re interested in trading when they come across little profit, and that is a very risky way of investing in bitcoin, because they stand more chance of loosing money in short term investment.