Why do even the wise lose in Bitcoin investment

[Cryptomultiplier]

The wise people can not lose in bitcoin investment because such people would have researched and know how to invest in bitcoin.

Some people are traders but they are calling themselves investors is the reason they are losing.

Just buy bitcoin, and as the price is going down, buy more but they will not buy more but they will be panic and sell.

This type of ideology and mentality na for people wey join bitcoin investment without them having to put in the right approach and just doing it as dem hear about am. These kind of people no know the cons and pros for bitcoin investment and them go just jump inside am like that.

If you put your money for bitcoin and you still get trader mentality wey you suppose be investor, you don already make mistake and that na already bad approach into the market. E go better make you settle know wetin you wan put your money into, so that you no go dey panic to sell for where you suppose stand your ground wella till your investment recover back.

The bottom line wey I see inside this matter na say, for person to make money from Bitcoin investment them go need more than just individual wisdom and brilliance.

For Bitcoin investment to dey successful in the long run, person must learn to dey patient and know how to observe and follow simple rules and protocols wey look boring like using simple cold storage, thinking about the long term profit instead of short term returns and the one wey make sense pass na to learn to not invest more money than you get for pocket because of the presence of volatilities wey be part of Bitcoin market price value.

[Su-asa]

You have misunderstood Bitcoin investment completely.

Bitcoin investment and investment generally is not a test for who is wise and who is foolish. Investing in Bitcoin is all about technical know-how than measuring your level of wisdom. The knowledge you have acquired and how you apply the knowledge is what keeps your investment going for the long term.

People who are considered to be "wise" naturally have tried Bitcoin and failed, some tried to outsmart or find a shortcut in achieving success through Bitcoin with nothing to show forth in the end. On the other hand, those who are not considered wise have succeeded consecutively in Bitcoin investment because they did not ignore the basic principles.

You can have master degree, PHD, other academic honors and still lose in Bitcoin investment. The reward is for those who learn and discipline themselves not for title owners, CEO, or someone who have the highest shares. This is a chance for you to change your narrative whenever you see people losing in Bitcoin investment, it is not because they lack wisdom it is because they didn't apply the strategy correctly or they are not consistent.

You have a point, Bitcoin investment isn't a measure of who is wiser than the other but in this context he is trying to say that people that consider themselves smart enough to understand what Bitcoin is all about can make certain mistakes that leads to losses. It is agreeable to say that for anyone to understand Bitcoin and crypto currency in general your comprehension skills must be at least on a moderate level but even if you possess that you can end up losing as a result of FOMO, being overly emotional and also greed is another reason why investors can end up losing.

[PremiumcryptoHub]

The wise ones that still panic sell are probably not sure of what bitcoin investment would become in the nearest future.It is quite known in the bitcoin community that bitcoin investment is profitable for the long run than the short term so whoever fails to hold onto their coins for the long term has missed the next bull season.Those set of people you call wise in terms of their bitcoin holdings are literally deceived by false new they receive on the internet,information received can cause negative impact/thought against our actual decisions.So it’s crucial to mind you the kind information we receive in the internet.

The wise ones can be said to be only those who have benefited greatly from bitcoin by holding on to their stash and have not made any rash decisions in times of dip or as regards their sustainable withdrawal.

They can be called wise, only those who are benefiting greatly from holding Bitcoin, I disagree with this because many times many Bitcoin whales and many BTC holders who are capable of analyzing the market also face losses. When the market suddenly falls into a correction based on some negative news or event, even the most knowledgeable holders about Bitcoin face losses. Also it seems to us it is true that FOMO is a mental anxiety or discomfort that is very rare among experienced holder, but this quality is found in some uninformed investors and it seems that this quality is also present in the some members of this local board.

[Cityhunter34]

....

When you mean "wise" I guess you're referring to good understanding about Bitcoin investment right? It so it's either such person lacks patience or came into it for quick profits cause someone who truly understands what investing in Bitcoin is all about should be aware that it's a long-term asset and would require investors to hold it longer for better rewards. Taking profits too early means selling at lose so no mater how wise an investor is selling too early to chase quick gains is same thing as losing. Selling when the market is down even though the investor has held longer can also be classified as selling at lose too, someone who claim to be wise should know that.

Yes, I think that's what he's referring to because nothing more than that at all. Of course, when an investor is not always making things go the right way, that means he's not serious about the investment. Investing in Bitcoin is not a get rich quick scheme. You must definitely push forward and hold without panicking because that's exactly how it works out for you in the long run. Honestly, I don't usually know if someone people aware of the long term process before venturing into Bitcoin, because it makes no sense for an investor to sell at the danger prince.

[Cgrexp]

The wise ones that still panic sell are probably not sure of what bitcoin investment would become in the nearest future.It is quite known in the bitcoin community that bitcoin investment is profitable for the long run than the short term so whoever fails to hold onto their coins for the long term has missed the next bull season.Those set of people you call wise in terms of their bitcoin holdings are literally deceived by false new they receive on the internet,information received can cause negative impact/thought against our actual decisions.So it’s crucial to mind you the kind information we receive in the internet.

Investing requires patience and determination before investing. Long-term investment is best in investment. However, not everyone has the patience to invest for the long term. There are many who face losses in investment. I think the reason for this is not only lack of knowledge but also being confused by fear, emotion and wrong information. Currently, there is no shortage of false information on the internet. Investors in Bitcoin make wrong decisions because of that false information. That is why many people suffer losses. Again, there are many investors who stop investing in fear if the price of Bitcoin decreases slightly in the market. Many people also suffer losses due to this fear. In my opinion, to avoid these losses, you should follow some things. Do enough research before investing. Invest only so much that even if you lose, it will not have a big impact on your life. And do not be confused by false information or rumors spread through the internet. Another important thing is to always invest with a long-term plan.

[Female King]

You have a point, Bitcoin investment isn't a measure of who is wiser than the other but in this context he is trying to say that people that consider themselves smart enough to understand what Bitcoin is all about can make certain mistakes that leads to losses. It is agreeable to say that for anyone to understand Bitcoin and crypto currency in general your comprehension skills must be at least on a moderate level but even if you possess that you can end up losing as a result of FOMO, being overly emotional and also greed is another reason why investors can end up losing.

The truth is that those people that claim to know more about bitcoin are usually the ones that end up making mistakes when investing in bitcoin, you will see them calling themselves analysts, busy studying and timing the market with the excuse of wanting to find the perfect time to buy and even sell, it's this belief that they can figure out when it's best to buy that leads them to loss, they want to sell but the price is too low, in desperation because their analysis shows even more decline in price they end up selling at a loss.

[cxtreenal]

Making decisions based on emotions like selling at low prices and buying at high prices is a big problem for investors. If investors can make good decisions about these two things in their investments, then it is possible to get good results from their investments. I am interested in contributing your feedback on this.

This is a kind of immature decision in terms of investment. Investors make such emotional decisions almost out of fear of losing funds. It would not be fair if you only expect green digits to follow the normal trend of price decline or increase in the market. Consider your Bitcoin portfolio as your digital assets.

New traders entering the market make such emotional decisions because they think that making a profit from Bitcoin is mandatory and they will be rich in a very short time.

[Zanab247]

The wise ones that still panic sell are probably not sure of what bitcoin investment would become in the nearest future.It is quite known in the bitcoin community that bitcoin investment is profitable for the long run than the short term so whoever fails to hold onto their coins for the long term has missed the next bull season.Those set of people you call wise in terms of their bitcoin holdings are literally deceived by false new they receive on the internet,information received can cause negative impact/thought against our actual decisions.So it’s crucial to mind you the kind information we receive in the internet.

Don't forget that nobody is perfect in this BTC investment and sometimes mistakes can happen that will make your plan to go wrong for you to experience loss from your investment. It depends the type of coins you are hodling that will make you to rush to release your coins to loss profits, but if you are hodling coin like BTC it will not make you to rush to sell your BTC in the low price in the market, because you know that hodling for long years is a favourable profit to long years hodlers.

If you plan your investment well on BTC, it will be hard for you to loss, because you will like hodl for long years before you can sell your BTC to achieve your goal. Once you have the knowledge of BTC it will be hard for you to wait for other people information before you will know what to do, because your knowledge will cause you to make a good decision that will favour you at the end.

[Tonimez]

You have a point, Bitcoin investment isn't a measure of who is wiser than the other but in this context he is trying to say that people that consider themselves smart enough to understand what Bitcoin is all about can make certain mistakes that leads to losses. It is agreeable to say that for anyone to understand Bitcoin and crypto currency in general your comprehension skills must be at least on a moderate level but even if you possess that you can end up losing as a result of FOMO, being overly emotional and also greed is another reason why investors can end up losing.

The truth is that those people that claim to know more about bitcoin are usually the ones that end up making mistakes when investing in bitcoin, you will see them calling themselves analysts, busy studying and timing the market with the excuse of wanting to find the perfect time to buy and even sell, it's this belief that they can figure out when it's best to buy that leads them to loss, they want to sell but the price is too low, in desperation because their analysis shows even more decline in price they end up selling at a loss.

The most obvious way of knowing a looser is his acclaimed level of experience in bitcoin when it comes to trading. Bitcoin has no professional trader because the more you time the market, the more likely you would loose because you can't control the bitcoin price and even Genus that have spent over 15 years investing in bitcoin has never been completely correct at all time. I have read news of professional traders loosing their entire wealth just in a blink of eyes. You may think you are a smart gambler but you can never be too sure of the next move of bitcoin. If there was a real guru in gambling, he would be the most successful person in this world.

[Edited out]

Don't forget that nobody is perfect in this BTC investment and sometimes mistakes can happen that will make your plan to go wrong for you to experience loss from your investment. It depends the type of coins you are hodling that will make you to rush to release your coins to loss profits, but if you are hodling coin like BTC it will not make you to rush to sell your BTC in the low price in the market, because you know that hodling for long years is a favourable profit to long years hodlers.

If you plan your investment well on BTC, it will be hard for you to loss, because you will like hodl for long years before you can sell your BTC to achieve your goal. Once you have the knowledge of BTC it will be hard for you to wait for other people information before you will know what to do, because your knowledge will cause you to make a good decision that will favour you at the end.

When it comes to perfection in gambling, I still doubt there would ever be a perfect gambler. Many people deceive themselves based on the number of years they have been practicing it. You may be a brave trader but a day would definitely come when you would return all what you have won with interest. There's no point to wait for anyone when you are sure you are an investor, you invest any moment you have your Discretionary income instead of waiting for a dip which you cannot control.

[Queen uloma]

....

When you mean "wise" I guess you're referring to good understanding about Bitcoin investment right? It so it's either such person lacks patience or came into it for quick profits cause someone who truly understands what investing in Bitcoin is all about should be aware that it's a long-term asset and would require investors to hold it longer for better rewards.

For someone to approach Bitcoin investment with such mindset of making quick profits overnight is practically a huge failure on arrival. Because in Bitcoin their is no short cut around it possibly every protocol, systematic steps that follows like: (investing from our discretionary funds, having the courage to hold strong to like 5-10 years time,
staying consistent in our accumulation journey by using the DCA method and lot more) need to be followed according before you can arrive your desire destination. Their is no way you will be doing the right thing in your investment journey that you wouldn't have something tangible at the end of your investment, so it's just about the determination and commitment in us that can turn the lights more brighter in our favour.

However, when investing in Bitcoin or whatever, it's more better to at least have the basis understanding or knowledge about it than just being a completely novice that can't differentiation his left from your right,  perhaps basis knowledge helps us navigate our way out to a positive result in all we do.

People enter into bitcoin with wrong mind set. They want to make quick money overnight, which is not supposed to be like that, and once  the market is not the way they  plan. Fear and  frustration comes in. Bitcoin investment is not all about to make money or neither is it a magic scheme. What really matter is patience, they are supposed to understand that  consistency is also in important and using your discretionary income to invest. Don’t just invest in bitcoin because you have the money or because you’re chasing quick money, what you need is knowledge you don’t need to become a professional expert, and have understanding. this is the basic of bitcoin investment. What i always tell people is that no investment is a guarantee to be successful, But once you have discipline you will definitely  see good results.

[B-BossMan]

In the field of investment, it is not enough for an investor to have good knowledge about Bitcoin. There are some investors who know well but they could not succeed in investing and the root of this is the human tendency to make decisions based on emotions. In this discussion, I would like to discuss the emotions of investors.

There are many investors who can make good plans but only plans cannot bring success in investing if that plan cannot be implemented. A very familiar word in the Bitcoin market is that it is volatile and this volatility should be considered naturally. But investors react to this volatility differently due to which the results do not come as expected.

The factors associated with Bitcoin volatility

When the price increases, FOMO is created among investors. They think that Bitcoin may go beyond their limits right now. If they cannot buy at that time, they will not be able to buy Bitcoin or they may lose a big profit. This type of FOMO is created with the increase in price, which can cause losses for the investor.

If the price decreases, then many think that they may be facing a big loss, which is why their panic sale starts at that time.

Some people hold the profit in the hope of more, which later leads to losses. As these problems constantly circulate among investors, they are prevented from getting the expected results from their investments.

Making decisions based on emotions like selling at low prices and buying at high prices is a big problem for investors. If investors can make good decisions about these two things in their investments, then it is possible to get good results from their investments. I am interested in contributing your feedback on this.

Op. You know every investor’s has thier own way of understanding Bitcoin investment and how they approach is also matters alots, but the mindset is actually a major role, people must definitely experience different results in the market, because some investors approaches bitcoin with patience, consistency and a long-term goals like while some truly comes for making a quick money easily or overnight, and that’s actually a biggest poor step to take in bitcoin investment space.

Also, some people have a mindset of buying the bitcoin when it's dips. Of course buying bitcoin during the dips is not bad but relaying and be waiting for the perfect dips alis a problem. Bitcoin is volatile in nature so price may goes down and comes up anytime which no one can predict the exact time for it, it's unpredictable, instead, focusing on building your bitcoin investment gradually with the help of Dollar-Cost Averaging regardless of how small amounts of your money. Build confidence and patience over time and having mindset of holding for a long-term.

[Ndabagi01]

Also, some people have a mindset of buying the bitcoin when it's dips. Of course buying bitcoin during the dips is not bad but relaying and be waiting for the perfect dips alis a problem. Bitcoin is volatile in nature so price may goes down and comes up anytime which no one can predict the exact time for it, it's unpredictable, instead, focusing on building your bitcoin investment gradually with the help of Dollar-Cost Averaging regardless of how small amounts of your money. Build confidence and patience over time and having mindset of holding for a long-term.

Lump summing use to be a very good way to also make your investment in bitcoin, but overtime people felt that the DCA happens to be the best approach and people are going for more. Even those that lump sum do come back to DCA their way in the market. The Bitcoin market has been growing and investing periodically during the course of your accumulation phase is important. The market will not wait for you for the dip to happen, it’s always on the sail off and you may not get another chance to get to invest at that price again. Lump summing is a great method but DCA has been shown to be a better approach to use.

[Perfectbaby]

Also, some people have a mindset of buying the bitcoin when it's dips. Of course buying bitcoin during the dips is not bad but relaying and be waiting for the perfect dips alis a problem. Bitcoin is volatile in nature so price may goes down and comes up anytime which no one can predict the exact time for it, it's unpredictable, instead, focusing on building your bitcoin investment gradually with the help of Dollar-Cost Averaging regardless of how small amounts of your money. Build confidence and patience over time and having mindset of holding for a long-term.

Lump summing use to be a very good way to also make your investment in bitcoin, but overtime people felt that the DCA happens to be the best approach and people are going for more. Even those that lump sum do come back to DCA their way in the market. The Bitcoin market has been growing and investing periodically during the course of your accumulation phase is important. The market will not wait for you for the dip to happen, it’s always on the sail off and you may not get another chance to get to invest at that price again. Lump summing is a great method but DCA has been shown to be a better approach to use.

Lump sum is a good approach but what if you buy once and it happens that Bitcoin price decreases below your bought price wouldn't you feels so regretted for buying at once?
This is the reason why many people have adopted the DCA approach to invest in Bitcoin and they gradually buy when ever the price falls very low or lower than their entry points.

[Itz-prisigold]

Lump sum is a good approach but what if you buy once and it happens that Bitcoin price decreases below your bought price wouldn't you feels so regretted for buying at once?
This is the reason why many people have adopted the DCA approach to invest in Bitcoin and they gradually buy when ever the price falls very low or lower than their entry points.

You see that feelings of regret that actually makes lump sum to so difficult emotionally for many investors, most especially in a volatile market such as Bitcoin.  At times, when you've made your buy, even a slight dip in price can cause you to feel as if you were on the wrong time to buy, despite your long term holding plan.

One thing I really like about DCA, is that it helps to take away that emotional pressure. Rather than thinking too highly about whether the price today is right or not, you continue to add to your position over time.  This also helps to maintain a more consistent approach as you are on a plan and not reacting to each market movement.

[AYOBA]

In the field of investment, it is not enough for an investor to have good knowledge about Bitcoin. There are some investors who know well but they could not succeed in investing and the root of this is the human tendency to make decisions based on emotions. In this discussion, I would like to discuss the emotions of investors.

Yeah, but that’s what most of the people’s don’t understand about the investments having enough knowledge about the Bitcoin is the best key to success, and some will just jump into the investment thinking that with their little knowledge they can make it those that even have the enough knowledge are still struggling to make sure they succeed they talk less of who doesn’t know how the Bitcoin operates.

There are many investors who can make good plans but only plans cannot bring success in investing if that plan cannot be implemented. A very familiar word in the Bitcoin market is that it is volatile and this volatility should be considered naturally. But investors react to this volatility differently due to which the results do not come as expected.

In life not everyone can get what they want according to their plan at times you can make some arrangements on how the plan will goes but at the end of the day, everything will goes wrong not how they expected and that’s all about the Bitcoin market; we suppose know when the market is volatility so that we can bear with any results that may come out.

[Cryptoprincess101]

If someone loses their bitcoin investment, then they shouldn't be called wise investors because no wise bitcoin investor can experience losses. If someone loses in bitcoin investment just know they are short term investors or traders who wanted to take advantage of the market, but things couldn't work as they thought it would. Losing in bitcoin investment means that you sold when the market was falling so tell me which wise bitcoin investor would sell their coin when the market is experiencing a downtrend.

[Out of mind]

Many experienced and knowledgeable people often face losses by investing in Bitcoin, mainly because of their lack of psychology, risk management, and patience. There are some knowledgeable people who enter the market with great confidence and think that they will win by buying and using additional leverage, which solves the loss. Since we know that the price of Bitcoin is on the rise, there are many knowledgeable people who are greedy for profit and sometimes afraid, as a result, it is seen that this makes them lose self-control. Many times, it is seen that less knowledgeable people can succeed because of their patience, while intelligent people face losses because of their patience and their self-control.

[DiMarxist]

At the first place what makes an individual wise when it comes to Bitcoin investment if am to ask you. The truth is that Bitcoin as an investment is speculative in nature even though it has shown to be stable over time which can bring in gain to investor's. But no body no matter how old he or she has been into the Bitcoin market should claim wise , in anyway because we have seen in recent times how the market has humbled many by remaining volatile not going the way that many so called market experts has predicted it to be on the long run.

[Perfectbaby]

Lump sum is a good approach but what if you buy once and it happens that Bitcoin price decreases below your bought price wouldn't you feels so regretted for buying at once?
This is the reason why many people have adopted the DCA approach to invest in Bitcoin and they gradually buy when ever the price falls very low or lower than their entry points.

You see that feelings of regret that actually makes lump sum to so difficult emotionally for many investors, most especially in a volatile market such as Bitcoin.  At times, when you've made your buy, even a slight dip in price can cause you to feel as if you were on the wrong time to buy, despite your long term holding plan.

One thing I really like about DCA, is that it helps to take away that emotional pressure. Rather than thinking too highly about whether the price today is right or not, you continue to add to your position over time.  This also helps to maintain a more consistent approach as you are on a plan and not reacting to each market movement.

That is the reason why some of the investors do not like using that approach as it may hurts them later especially when the market may seems to fall lower after their buy, I have witnessed this before but it was on the reverse where I tried to sell off some portion of my investment and immediately I sold out not barely 72 hrs the market breakout to the price I didn't just imagine were I kept regretting for my actions to easily being deceived my instincts that it would never breaks out again.

[JoyceBTC]

If someone loses their bitcoin investment, then they shouldn't be called wise investors because no wise bitcoin investor can experience losses. If someone loses in bitcoin investment just know they are short term investors or traders who wanted to take advantage of the market, but things couldn't work as they thought it would. Losing in bitcoin investment means that you sold when the market was falling so tell me which wise bitcoin investor would sell their coin when the market is experiencing a downtrend.

A wise bitcoin investor will not lose in his investment because the person understands the right investment method to go into that would not lead to losses. A wise investor doesn't rush into investing in what he doesn't know the history they do not go into pump and dump altcoins rather they go for long term investment like holding because they will not lose when they do not sell during the dip. Losing in your bitcoin investment only means you are not a wise investor or you lack knowledge, a wise investor learns from the mistake of other investors he doesn't lose in his investments.