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Tetu100 (OP)
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Today at 11:54:13 AM |
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This days people are investing in bitcoin investment for different reasons, some have choosen it to be a better and a saver place to keep their asset from inflation, and some have also been using it as an avenue of making quick cash on trading and exit at will . Furthermore many also has plan of holding for longer duration and build endless wealth overtime through it. However, here comes my question that has been running through my mind for sometime now, what's your true purpose of investing in bitcoin? Are you here to take profit and walk away like some fair weather dudes does, or you are in to acquired generational wealth in a long run and get the future secured. Share your goals let's see....
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Charles-Tim
Legendary
Offline
Activity: 2240
Merit: 6295
Leading Crypto Sports Betting & Casino Platform
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Today at 12:03:14 PM |
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It is worth knowing that most coins are shit coins. If you have in mind to invest in long term, try a much as possible to stay away from most altcoins. Only few of them are better, but they might even disappoint. Even ethereum disappointed people in the last bull market despite the bull run that it had later in the last bull market. Although, some can be good for gambling and short term investment.
But why asking this question? What good reason do you have to ask this question?
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HajiBagi
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Today at 12:48:50 PM |
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This days people are investing in bitcoin investment for different reasons, some have choosen it to be a better and a saver place to keep their asset from inflation, and some have also been using it as an avenue of making quick cash on trading and exit at will . Furthermore many also has plan of holding for longer duration and build endless wealth overtime through it. However, here comes my question that has been running through my mind for sometime now, what's your true purpose of investing in bitcoin? Are you here to take profit and walk away like some fair weather dudes does, or you are in to acquired generational wealth in a long run and get the future secured. Share your goals let's see....
Everybody get their own reasons why they invest in bitcoin and I fit lie for you now say the reason why i invest in bitcoin be say i just invest because I feel like it is a good way to invest my money in rather than keeping it in my bank account that they will be charging me for some unnecessary fees and some people fit tell you that they invest for the future but i can tell you that everyone invest in bitcoin for the profit, everyone want to enjoy the profit of the bitcoin when others are happy with their long term investment. The reason why i said that everyone invest in bitcoin because of profit is because if bitcoin is not an investment that they will get a profit from no one will buy it but as an investor or anyone who is interested in bitcoin and want to go far in it should not put only profit in his mind, investing for a long time is very important and it will help you to have a good profit and be more successful in your bitcoin journey.
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SmartGold01
Legendary
Offline
Activity: 1386
Merit: 1141
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Today at 01:04:34 PM |
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There are lot of purposes why people are actually investing into Bitcoin it could be for wealth accumulation and or for instant profits making, both however, the the goal should be if f people are really utilizing the sole purpose of Bitcoin why it's created? That should be our question, and of course it would be very hard to maintain that standard since most people sees it as a store of value where they wouldn't mind holding for decades and foronger duration. The thing is, we should not focus on shut coin instead we should be investing into reputable coins in order not to get dumped.
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Doan9269
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Today at 01:04:49 PM |
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Are you here to take profit and walk away like some fair weather dudes does, or you are in to acquired generational wealth in a long run and get the future secured.
I wouldn't make profit and leave just like that, because bitcoin has come to stay, therefore the profitability also must be consistent and for a longer period, which means I am into cryptocurrency and will maintain bitcoin investment on each stages and continue to make profit until I also acquire my own generational words through bitcoin investment, so therefore, the more I invest the more I make profit and I also reinvest back to continue with the process until I become more larger than I ever imagine.
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Marvelockg
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Today at 01:33:44 PM |
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Are you here to take profit and walk away like some fair weather dudes does, or you are in to acquired generational wealth in a long run and get the future secured. Share your goals let's see....
Only time can truely tell how long we're going to remain invested in bitcoin and how profitable we will be eventually. of cause, with the amount I'm investing, it's going to take quite a time for me to get something really tangeable and for that reason, I'm not ready to opt out any time soon. It takes quite an effort and commitment to build wealth through bitcoin and for some of us, we are ready to take that hard part. One thing that keeps one invested in bitcoin is to while looking at the future, still take it a step at a time. Don't rush thing and don't be overly ambitious. It's going to be just a matter of time and eventually we will reap the reward of our commitment in being invested. But along the line, just avoid anything that will distract you into investing in meme coin and other coins that are really worth it. Stay focused on bitcoin and you won't have a reason to regret not just for the short run but also in the long run.
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Solodoski
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Today at 02:14:33 PM |
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Are you here to take profit and walk away like some fair weather dudes does, or you are in to acquired generational wealth in a long run and get the future secured. Share your goals let's see....
What is wrong in taking profit? It is my money, my own decision to make. How I want to control my money to work for me is the way I will do it. If taking profit is what is best for me to do based on my financial decision, not one person has the right to judge me for it. Bitcoin do not promise generational wealth. The value you give in Bitcoin will determine you return. Don't think you will invest $1000 and get a $1m. You all misinterpret wealth through Bitcoin.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Hatchy
Legendary
Offline
Activity: 1106
Merit: 1188
Hatchy managerial services
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Today at 03:17:20 PM |
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Are you here to take profit and walk away like some fair weather dudes does, or you are in to acquired generational wealth in a long run and get the future secured. Share your goals let's see....
I guess for me both.. I'm more interested in the amount of profits I can make from btc on the long term. These profits are what motivates many investors to go into BTC. Though there are other reasons as regards bitcoin features too. But profits is just the major factor. Anytime I see a significant amount of profits from the market based on my investment plan and long term hodl, I will be taking out my profits and investments. The only thing I want to pint out is that you cannot make quick cash from BTC investment. Such kind of mindset is why most investors gives up during bear seasons..
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cxtreenal
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Today at 03:42:33 PM |
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This days people are investing in bitcoin investment for different reasons, some have choosen it to be a better and a saver place to keep their asset from inflation, and some have also been using it as an avenue of making quick cash on trading and exit at will . Furthermore many also has plan of holding for longer duration and build endless wealth overtime through it. However, here comes my question that has been running through my mind for sometime now, what's your true purpose of investing in bitcoin? Are you here to take profit and walk away like some fair weather dudes does, or you are in to acquired generational wealth in a long run and get the future secured. Share your goals let's see....
You are right that everyone has a different plan for Bitcoin. Some may have a short term trading plan or some may have a long term investment strategy. This variation in strategy affects folk financially. Traders who buy Bitcoin for a short period of time may make a small profit but in the long run they are more likely to suffer financial losses and miss out on many potential opportunities. Bitcoin price history was like a tempting object for me but over time I realized that the real value of Bitcoin is hidden in the long term investment strategy not in the short term trading. I am accumulating Bitcoin regularly adopt the DCA method. The aim is to initially increase the amount of Bitcoin accumulation with a cycle and financial situation and continue to stick to more cycles regularly.
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Cryptomultiplier
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Today at 05:01:26 PM |
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Am an investor in Bitcoin because of its decentralized nature and the fact that there's no third party involvement except for the CEX we use to exchange or swap cash for another. Bitcoin trading isn't for me, I prefer to hold it and build wealth with it rather than trade it because it's just a waste with all these bull trap and bear seasons and volatility hitting the market on a steady basis.
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Yablee0
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Today at 05:06:22 PM |
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The only thing I want to pint out is that you cannot make quick cash from BTC investment. Such kind of mindset is why most investors gives up during bear seasons..
For an investor to approach with this kind of mentality has better described that person more as a trader, meaning you are just there to eat and go, forgetting that bitcoin investment is not a get rich schemes that you can make some quick money from, thus you should have a more prepared mindset before embarking on the journey (Bitcoin investment) else you end up half way. However, those that are more conversant to Bitcoin investment has always known this fact, that their is no better benefits for those that can't wait till the end, investors that panic and sell in fear due to one dip or the other aren't worth to be call the real ogs, however if you must get in full and reap the fruit of your labour then you must try to be strong in making brave decisions , because winners never quit.
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SOKO-DEKE
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Today at 05:49:13 PM |
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This days people are investing in bitcoin investment for different reasons, some have choosen it to be a better and a saver place to keep their asset from inflation, and some have also been using it as an avenue of making quick cash on trading and exit at will . Furthermore many also has plan of holding for longer duration and build endless wealth overtime through it. However, here comes my question that has been running through my mind for sometime now, what's your true purpose of investing in bitcoin? Are you here to take profit and walk away like some fair weather dudes does, or you are in to acquired generational wealth in a long run and get the future secured. Share your goals let's see....
Actually, everyone has a reason for being involved with Bitcoin. But if I may say, many people involved in Bitcoin, in one way or another, do so because of the profit they expect to make. Whether someone is investing or trading, their main purpose is profit.Some people may say it is because of inflation, but regardless, Bitcoin is a very good asset, and that cannot be denied. That is the main reason people are investing in Bitcoin seriously. It is one of the assets that can be profitable without much stress.I want you to understand one point.whether someone is there to make profits and walk away, or to stay for a long time, it is all because of profit. It is just like gold whether people claim they are buying it for fashion or not, the main reason people buy it is because of the value they believe it will add in the future.
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Shadiq
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Today at 06:03:41 PM |
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Everyone has a personal purpose for investing in Bitcoin, some have a secret purpose or some have a common purpose. If you ask such a question, you may not get an honest answer from everyone, because I can lie to you.
I usually invest to make a profit and keep my money in a safe place. My main purpose for investing is profit and privacy. I have not yet reached an age where I have to think about the next generation. Rather, I am currently planning to create a long-term investment fund and use that fund to improve my business organization. First realistic, then future and wealth. Staying free from inflation, keeping myself away from the banking system and adapting to technology are also among the purposes of Bitcoin investment.
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Jegileman
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Today at 08:21:57 PM |
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My personal perspective and approach as to what I want to use bitcoin for is very simple, to make money, not invest forever and not take profit but to invest and enjoy the profits when they’re matured enough. Building generational wealth is also one thing I adore but if I’ll work on that, it may not be fully through bitcoin because of how sensitive and privacy inclined it is to make it a generational wealth for my family.
Investing into bitcoin for the long term happens to be the best kind of approach one should have towards this market. When you’re able to make that decision, your investment journey tends to be flawless and you won’t be much bothered about market volatility and set back people encounter due to unexpected outcome from their short term expectations of the market. My investment in bitcoin is to take profit and spend it when it matures.
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