What type of investor are you?

[I_Anime]

Crypto currency is always considered as a volatile asset by many people, especially Bitcoin and so when ever Bitcoin is mentioned many people get skeptical about investing in Bitcoin.Because to them Bitcoin is not worth taking the risk going by it volatile nature and this fear is also exhibited by those who has been able to summon up courage to invest in Bitcoin, and this is seen when ever there is a change in the market in terms of a change in the price of Bitcoin. When ever there is a change in the market investors also react to it there are investors who quickly sell off their assets due to fear of lose, while there are also a group of investors who continue to accumulate despite the dip that Bitcoin may be experiencing.

This led me to asking this very critical question what type of a investor are you, do you always panic and sell off your assets in reacting to a Market change or are you a Fair whether investor or you believe in the long term property of Bitcoin. I want to say that when ever someone wants to invest in Bitcoin the very question that should be asked first is an I going into Bitcoin out of convictions or is just going into Bitcoin for a quick opportunity of making money due to a change in price by going into the market and leaving when the price of Bitcoin appreciates.

Me of then would have been panicking now , especially now when there’s some dip in the crypto market , due to the halfsize knowledge I have then. But now things have changed because of the knowledge I have acquired so far, cause is not all about making money try to understand what you are investing on and what you are working with too , with that you will be able to do better and grow in what ever you do .

[Yorubek]

This is where many get it wrong , going into bitcoins with the mindset of getting  rich quick, that is why many sell once that opportunity comes out , and at the end they will be at lost, the best thing is to go into bitcoins investment with a long term mindset, and not been greedy to accumulate wealth with the small  time one has, but with whatever you have accumulating little by little at the end you will be amazing at what you have achieve , it’s best to work on mindset rather than the volatile nature of the market .

Investing with a short-term plan increases the chances of losing money compared to making money. Bitcoin is a long-term asset, so if you want to make money from Bitcoin by investing, you need to have a long-term investment mentality. In addition it is important to have prudent money and keep a emergency fund. When an investor with the right knowledge and a long-term plan, consistently buy small amounts of Bitcoin and does not get disappointed during market volatility, buy and holds Bitcoin with confidence and wait for better times in the future, he can expect long-term profits from Bitcoin in the future. Bitcoin volatile price fluctuates very quickly, so it cannot be said for confirm that the investment will yield big profits.

[Out of mind]

There are many types of investors, some people plan for the long term, while many others sell their Bitcoins in a short time. The only successful investors are those who buy when the price of Bitcoin starts to fall and start accumulating Bitcoins in their wallets. Basically, those who plan to invest in Bitcoins with discipline and confidence in their own experience can go towards success in the future. Basically, the market falls many times and seeing this change, there are some investors who get scared and sell their Bitcoins at a loss, thinking that the market may go lower and they face losses. But basically, when the Bitcoin market falls, you should buy and we should keep these things in mind that if Bitcoin falls, it will recover again. Those who are afraid of seeing the price fall are not real investors, basically, those are the real investors who can hold for the long term and plan for the future without selling their investments.

[Queen uloma]

Volatility no be d real problem for bitcoin, na lack of understanding and poor expectation be d problem.
Many people Dey enter bitcoin market becos say dem won make quick money, which e no suppose Dey like that.
For me, before anybody go invest for bitcoin, the person suppose get understanding of Waiten dem Dey invest on before e put e money. Bitcoin Dey volatile right from time na y e fit attract opportunity and risk.
So any body way Dey invest without understanding dis reality fit  make them end up struggling with emotion wen d market falls. Bitcoin investment no be only for profit making. na about patience, knowledge, emotional control and to get clear longterm strategy. People who understand all this things no go ever panic wen d market no Dey stable.

[Fivestar4everMVP]

This led me to asking this very critical question what type of a investor are you, do you always panic and sell off your assets in reacting to a Market change or are you a Fair whether investor or you believe in the long term property of Bitcoin. I want to say that when ever someone wants to invest in Bitcoin the very question that should be asked first is an I going into Bitcoin out of convictions or is just going into Bitcoin for a quick opportunity of making money due to a change in price by going into the market and leaving when the price of Bitcoin appreciates.

The truth of this matter is that any body can simply and freely choose the type of investor they want to be, what is most important here to consider is if whatever strategies implored to be used in investing in bitcoin is actually working for the investor, people are free to move their money any how they want, I can (for example) invest in bitcoin today and tomorrow, I find a better opportunity, it is not out of place to decide to withdraw the money I initially invested in bitcoin and put it in that other opportunity I found, in the end, what matters most is that money is or was made.

But again on the other hand, every investor should try as much as possible to be more focused in the long term investments as this is the type that pays the highest when it comes to bitcoin investments.
With how high and expensive the price of bitcoin have become, 2x in the short term is almost like impossible, but it quite possible and even more in the long term.

[Yeesha]

Volatility no be d real problem for bitcoin, na lack of understanding and poor expectation be d problem.
Many people Dey enter bitcoin market becos say dem won make quick money, which e no suppose Dey like that.
For me, before anybody go invest for bitcoin, the person suppose get understanding of Waiten dem Dey invest on before e put e money. Bitcoin Dey volatile right from time na y e fit attract opportunity and risk.
So any body way Dey invest without understanding dis reality fit  make them end up struggling with emotion wen d market falls. Bitcoin investment no be only for profit making. na about patience, knowledge, emotional control and to get clear longterm strategy. People who understand all this things no go ever panic wen d market no Dey stable.

Exactly, volatility is not the actual problem of bitcoin, lack of preparation, knowledge and understanding is the actual problem of an investor in bitcoin investment. Because if the investor is knowledgeable he will have to the ability to adapt to the modern challenges that occurs in the market, and he or she will also know when to sell and when not to. Knowledgeable person will not panic even if the price of bitcoin decreased or reduced rather they will wait for the right time to sell. Being emotional can easily motivate an investor to make decisions which they don't suppose to take, it is very essential for an investor to composed himself and focus on emotional regulation.

[Xackie]

I invest in Bitcoin because of conviction not because I want to chase profit. My focus is on long term gains. people who doesn't want or fear to invest in Bitcoin shouldn't be forced, it's their choice. Alot of people don't have patience, they want fast results which makes them sell too quickly or another case is if they fear or panic, they make decisions based on what their emotions tells them. 
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Volatility in Bitcoin is normal and that what makes it rise and fall, it cannot be stable. People who want to take advantage of this volatility in short term period are traders who often see lots of losses. Investing in Bitcoin shouldn't be something that will give us headaches. That's you must have strong conviction in it before you invest, if you see as a quick money scheme then you will surely react and panic to every market moves. Invest what you can afford to lose not beyond your capacity, have patience, be disciplined enough. If you can do that, then you will surely see the rewards of your investments.
 
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