Keys to be successful in Bitcoin

[AGogi2003]

We all have different strategies on how to become successful in Bitcoin investment for many years, if your strategy works for you then you should stick to it, what matters is that you are consistent. It takes money to buy Bitcoin so a major key for me is that I should have source of income and have discretionary fund where I get money to buy Bitcoin consistently, secondly I should know how to protect my wallet security. If you can get it right in these two aspects you will go very far and achieve your aim of long term investment. Money and security are essential, understand financial management so you will always make provision for buying and be security conscious not to lose your wallet security.

The main thing to have when you want to start investing in bitcoin you need to have source of income if you want to enjoy your investment in Bitcoin and you need to have believe and get some knowledge and experience on bitcoin before you can enjoy it and gets some benefits in it, if you don't have knowledge you will always struggle in it and make things hard for you.

You're right is not about investment only you need to secure your wallet well when investing because if you didn't secure your secret phrase you will later regret and you can lose everything if someone have access to your wallet so anything you're doing you need to be wise so that you won't lose anything. And another thing is that bitcoin is not a short term investment that you will think you can be profitable so easily you can probably face some challenges but if you can be patient enough and invest for long term you can probably be profitable in it.

[vanesha]

I'll help add some points I know:

- Relationships: The more relationships and communities you have, the easier it will be to get updates on the latest projects, making it easier for you to find potential projects.

- Patience: Once you've decided to invest, the key to success is patiently waiting for the right time to take profits according to your target or even exceed it.

- Self-control: Don't be easily swayed by get-rich-quick schemes. We're all investing, and it takes hard work to analyze potential coins.

[FortuneFollower]

I'll help add some points I know:

- Relationships: The more relationships and communities you have, the easier it will be to get updates on the latest projects, making it easier for you to find potential projects.

- Patience: Once you've decided to invest, the key to success is patiently waiting for the right time to take profits according to your target or even exceed it.

- Self-control: Don't be easily swayed by get-rich-quick schemes. We're all investing, and it takes hard work to analyze potential coins.

Do you think having more communities is a good thing?.. It's rare to find the real - community - nowadays... because usually peeps in these are not too keen on analysis, but rather on just.. wanting to BTC go to the moon

[CryptSafe]

Taking the security and privacy aspect of your Bitcoin asset is very important as a holder because that will guarantee you the full ownership of your assets. As an enthusiast, you should know that scammers and hackers are always alert to steal from people, so in other to always be ahead, you need to be updated with the latest happenings around the crypto space, and also avoid links directly in your DM, avoid ad links, and use appropriate and recommended wallets to keep your assets. With this, your safety is guaranteed. Lastly, constantly update your wallet apps to the newest version because what that means is that any update that comes up means the older version is weak and porous for hackers, so you will have to update to the new version to be on the safe side. I do not know if anyone has made a comment with respect to this, but I thought of it, and I hope it really counts for you.

[nemesis_incarnate]

Taking the security and privacy aspect of your Bitcoin asset is very important as a holder because that will guarantee you the full ownership of your assets. As an enthusiast, you should know that scammers and hackers are always alert to steal from people, so in other to always be ahead, you need to be updated with the latest happenings around the crypto space, and also avoid links directly in your DM, avoid ad links, and use appropriate and recommended wallets to keep your assets. With this, your safety is guaranteed. Lastly, constantly update your wallet apps to the newest version because what that means is that any update that comes up means the older version is weak and porous for hackers, so you will have to update to the new version to be on the safe side. I do not know if anyone has made a comment with respect to this, but I thought of it, and I hope it really counts for you.

I wouldn't say that updating your wallet is the way to go every time.. because new functions or updates means more risks for the newer versions to be more vulnerable, imo, but everybody has his own opinion about that

[summonerrk]

You also need to be very careful in the world of cryptocurrencies, because there is a lot of money in this area, and it is easy for attackers to get hold of the weirdos with coins if they pretend to be an honest service. For example, today I received an email from Roobet, but in fact it was criminals, because the email was poorly formatted and when I looked at the sender's address, it was not Roobet support or info, but some kind of gibberish of symbols. I also received emails from pseudo Ledger and Electroneum support. I didn't understand what kind of Electronic wallet it is if I've never heard of such a wallet, and it sounds like a Scam that disguises itself as a well-known wallet.