How our mindset plays a big role in Bitcoin investment

[Pipswizard]

What you said has made me realize how important  on having a strong mindset is. Because before, I usually believed that as long you have figured out your discretionary income then you are good to go. I never knew there's more to it. What is the essence of someone investing when they can't control the urge to sell. i try not to react to what the market is doing , but let me not lie, it's not easy. Most times I check my little asset if it's raising, but I believe I will work on my self to stop, because if I keep doing that , it will keep playing with my emotions.  I think if all of us should have enough patience, which will prevent us from selling our Bitcoin investment early.
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[Silikiem]

before going into bitcoin you should reason many times and ask your self, how much more can your mind take risk, if you settle that in your mind, the market value will not be a threat to you. This is because you have measured and taken the risk already with awareness of bitcoin been volatile in your mind.

It's funny how most people are struggling over bitcoin Investment, you know the craziest part is that they don't think this much while investing in those shitcoin and / or ponzi scheme. They now see bitcoin investment as the toughest investment in terms of crypto Investment not knowing that bitcoin is the easiest and it's also more reliable than every other Investment as long as crypto Investment is concerned, and for this reason we don't necessarily need to worry ourself too much about the risk,  just make sure you're investing for long term in years to come you may not regret taking such risk.

This is the more reason why folks should be able to try not to associate bitcoin with other cryptocurrencies because bitcoin have proven to be a more valuable and reliable asset even though it goes down at some point in time it’s ability to rise and give numerous all time high differentiates it from other cryptocurrencies that are shitcoins and couldn’t rise after a fall. So it’s advisable we invest only in bitcoin and be direct with it when telling people about bitcoin investment

[Alonso_]

Bitcoin investment is a thing of decision making, when you make a decision, you have to be motivated and become resilient on your accumulation journey, I have had an opportunity of getting started with bitcoin but in a situation of this nature what you just have to do is endeavor to be more confident in yourself in your bitcoin investment journey, if you’re not motivated and resilient enough nothing is going to happen for you in any way, and you will end up not having a good investment plans and opportunities, bitcoin investment isn’t such a guarantee as we may think, but staying consistent is more important and keep investing that is a good way of bitcoin investment journey.

[Adams0001]

Mindset has a very big role to play in Bitcoin investment, so many persons that encounter some difficulties is because their mindset limited them , but having a right mindset makes one to be informed , patient,disciplined, it makes you be in check that enables you to control your emotions towards your journey , investment journey requires a stable mindset in other to achieve your goal.

We always need to used our mindset if we want to succeed in bitcoin or probably in life. Because anything you're doing is all your choice and how you take it. Your mindset can make you achieve your goal when you have a good plan and understanding. And that can make you have patience in any investment you're doing. Bitcoin is a good investment but if you don't get easy experience about it you will never understand it and even know is value. But by understanding everything that will make you have good mindset and do the needful without even waiting for anyone opinion before you can continue what you're chasing in the market. Nothing really comes in a easy way you need to work hard for it.

[Tungbulu]

before going into bitcoin you should reason many times and ask your self, how much more can your mind take risk, if you settle that in your mind, the market value will not be a threat to you. This is because you have measured and taken the risk already with awareness of bitcoin been volatile in your mind.

It's funny how most people are struggling over bitcoin Investment, you know the craziest part is that they don't think this much while investing in those shitcoin and / or ponzi scheme. They now see bitcoin investment as the toughest investment in terms of crypto Investment not knowing that bitcoin is the easiest and it's also more reliable than every other Investment as long as crypto Investment is concerned, and for this reason we don't necessarily need to worry ourself too much about the risk,  just make sure you're investing for long term in years to come you may not regret taking such risk.

Well the truth is that most people are simply looking for something that promises a quick profit, and since that's not what Bitcoin does, most of em now feel skeptical about it. Again, they believe bitcoin is now too expensive for ordinarily people to own, like it's an investment for the big boys, so rather going in, they feel they start a better chance with the underdog coins. Most investors carry around this misconception and that pushes them into making certain mistakes.

[Jaycoinz]

Bitcoin investment is a thing of decision making, when you make a decision, you have to be motivated and become resilient on your accumulation journey, I have had an opportunity of getting started with bitcoin but in a situation of this nature what you just have to do is endeavor to be more confident in yourself in your bitcoin investment journey, if you’re not motivated and resilient enough nothing is going to happen for you in any way, and you will end up not having a good investment plans and opportunities, bitcoin investment isn’t such a guarantee as we may think, but staying consistent is more important and keep investing that is a good way of bitcoin investment journey.

The thing be say, we must first make up our mind first say we wan really do this investment thing and then we go come take am seriously because if person just do or go into the investment journey without actually knowing his left from right then the person go just make big mistakes for front because him mind been never dey ready and so many people sef dey do these things just because say Dem see people dey do and Dem dey think say na something wey go give them money very fast which na big fat lie well well.

[Father111]

Mindset is the basic power that help investors to know if he is disciplined so well to hodl Bitcoin or not, mindset as an engine room of any investors that want to invest in Bitcoin should prepare his mind with long term investment, this topic has open my eyes to see the reason why some investors end up losing so much money all in the name of trading, due to their my mindset is not discipline very well to withstand bear market.

[AYOBA]

The thing be say, we must first make up our mind first say we wan really do this investment thing and then we go come take am seriously because if person just do or go into the investment journey without actually knowing his left from right then the person go just make big mistakes for front because him mind been never dey ready and so many people sef dey do these things just because say Dem see people dey do and Dem dey think say na something wey go give them money very fast which na big fat lie well well.

Normally in life whatever a person comes to do he don’t seek know well about well are getting knowledge on how it works, even thought he started that thing he will never get what he want and that’s how the investments goes. Because some people think that the investment is not all about the knowledge, that’s why we can see most people’s jump into the investment without good mindset.

Nothing good come it easy but they think they can get quick money in the investments whereby everything about the investments is a gradually growing and patience with the market, because at times the market will be good and sometimes it will go very crazy.

[Joy- maker]

When it comes to Bitcoin investment our mindset plays an important role. Because a good mindset is what will help you stay patient as an investor, avoid panic or greed selling, and making better decisions during ups and downs.

If you start your Bitcoin investment journey with a poor mindset, you are likely going to make poor decisions during ups and downs in the market.

However, your mindset is not the only thing that will make successful. you have to be discipline too, have a good risk management, investment strategy, good financial management, lastly security.

[Orpichukwu]

For bitcoin investment we suppose to dey positive as in, make we dey tell ourselves sey we go make am na make any wrong thinking enter our mind sey we nor go fit make am because na wetin dey our mind go happen to us,. Bitcoin na beta investment wey be sey if you serious well well you go take am plan your life forever and you nor go lack money again .

Make am or not to make am with bitcoin omor that thing best way I fit carry secure profit for there nah to just to invest comot mind carry your time they do another thing like to chase money make the profit they add base on how value carry they increase I no see our thinking as Watin really they influence how we go take profit from bitcoin nah money we put inside and the time we fit hold am they do that work.

[Bigjoe33]

For bitcoin investment we suppose to dey positive as in, make we dey tell ourselves sey we go make am na make any wrong thinking enter our mind sey we nor go fit make am because na wetin dey our mind go happen to us,. Bitcoin na beta investment wey be sey if you serious well well you go take am plan your life forever and you nor go lack money again .

Make am or not to make am with bitcoin omor that thing best way I fit carry secure profit for there nah to just to invest comot mind carry your time they do another thing like to chase money make the profit they add base on how value carry they increase I no see our thinking as Watin really they influence how we go take profit from bitcoin nah money we put inside and the time we fit hold am they do that work.

Trye talk sha, say na our money wey we put inside, the amount we fit buy, and then how long we fit hold am, depending on the increase or Market value too for the time wey you hold am.

But the mind thing now still get some idea, because na tye way e dey your mind, na him you go carry buy and then HODL. So, if you no get better mindset, day you go buy well, come HODL am, believing say Bitcoin na better assets, then you go just use am play or invest anyhow. But when you don make up your mind say you go buy, then HODL am because of wetin you believe, then you go fit buy well come hold am. So, anyhow we talk am, our mind, thinking and how we see Bitcoin still get role to play on how we go take run our Bitcoin matter

[Canves]

Your point was good. Mindset really plays a big role in investing. Many of us have a plan and know how to buy slowly. Yet they forget that plan as soon as the market goes down a little. Then they almost forget about long-term savings in Bitcoin. It's actually both fear and greed working against them.

[Dzwaafu11]

Bitcoin investment is all about the mindset you have to have a mindset which has to allow you to be in a balanced state. No matter what happens this is because Bitcoin investment plays with your emotions this is reflected in the way that different individuals will react to the market, when ever there is a price correction or the price of Bitcoin is unstable just like we are experiencing now.


There is great need to always train our mind not to be shaken by any market dip which will happen. Alot of people has sold their Bitcoin in Panic because of the simple fact that their mindset were wrong so  at the slightest opportunity they rushed and sell and only regret when they see the price of Bitcoin bouncing back after a while.

Yeah. And this is because this people lack the fundamental knowledge of bitcoin investment. Anyone who has the fundamental knowledge and know how the markets movement is going trust me. They won’t sell their bitcoin because the market is down.

they actually wait for the fact that they already know that the market will bounce back, and they will get profit from their investment, but people who rush into bitcoin withdraw just because the market is down, and sell in lose which is why it’s always advisable to learn before investing.

[fredericktaylor]

Bitcoin investment is a thing of decision making, when you make a decision, you have to be motivated and become resilient on your accumulation journey, I have had an opportunity of getting started with bitcoin but in a situation of this nature what you just have to do is endeavor to be more confident in yourself in your bitcoin investment journey, if you’re not motivated and resilient enough nothing is going to happen for you in any way, and you will end up not having a good investment plans and opportunities, bitcoin investment isn’t such a guarantee as we may think, but staying consistent is more important and keep investing that is a good way of bitcoin investment journey.

The decision to invest in Bitcoin depends entirely on the personal decision of an investor. I think it is important to have basic knowledge about Bitcoin before starting the journey of investing in Bitcoin, as well as having discretionary money. Since Bitcoin is a long-term investment the value increases gradually, so various problems may arise while managing the long-term investment properly, so it is very important to have a emergency fund to deal with unknown dangers in the future. You have to buy Bitcoin in small amounts consistently with a long-term plan and you cannot sell Bitcoin in a hurry during market volatility. You have to invest with confidence and wait patiently for good times. Patience is the key to success, those who invest consistently with the right knowledge and are patient for good times can achieve success in the future.