Bitcoin investment is not try your luck

[Jasmyne]

Trading isn't for everyone because majority of people lose money in trading instead of making anything. But, those who are good at trading make money out of it again and again. They understand the markets and they know when to open a trade and when to close a trader. A good trader often makes his own strategy to have high winning rate, and they keep such strategy as secret. I have been following a good strategy that has helped me a lot when it comes to profitable trading but strategy won't be any useful without descpline.

Any one is free to trade if they can survive when they lose and not hurt themselves but for those who intend to keep trading they must have a very good strategy that keeps them in profit if not they should look for a better way to invest money instead of wasting it. I know some people who say they make money through trading I also see a lot of people on social media who show the luxury cars they bought from the money they made from trading but the big question is this, does a trader develop a new strategy anytime he wants to trade for him to remain in profit or for each market there is a particular strategy that one has to know before they can be profitable because there are people who hardly make profit in trading I want to know if they don't know those strategies because it seems you don't lose in your trade.

[Youngrebel]

Any one is free to trade if they can survive when they lose and not hurt themselves but for those who intend to keep trading they must have a very good strategy that keeps them in profit if not they should look for a better way to invest money instead of wasting it. I know some people who say they make money through trading I also see a lot of people on social media who show the luxury cars they bought from the money they made from trading but the big question is this, does a trader develop a new strategy anytime he wants to trade for him to remain in profit or for each market there is a particular strategy that one has to know before they can be profitable because there are people who hardly make profit in trading I want to know if they don't know those strategies because it seems you don't lose in your trade.

To me i feel like one thing traders need to understand is that no strategy is a sure strategy to make profit in any trade tho some strategies work well in some kind of market conditions, so even while if might work experienced traders still learn to adjust when the market changes and thats the best way so far but the one thing is also this: the wey so many people on social media deceive us by only show their profits and luxury lifestyles without talking about their losses and then we feel like it’s something we can just venture into it.

[DiMarxist]

I feel like people that think they can get lucky when it comes to investing in bitcoin are deficient of knowledge because there's no investor that has studied the market and come to understand what it is all about would depend on luck to make profit, this is the reason why i said that it is an absence of knowledge. This isn't a lottery that you can get rich from overnight,  it is a step by step process that involves a lot of patience and discipline.

if you understand bitcoin perfectly well you would understand that getting rich shouldn't be the ultimate goal, this should be used to create wealth, although everyone has their goals or what they want to achieve from bitcoin investment. If you don't have a target then I don't think you should start up this investment.

[Ndabagi01]

To me i feel like one thing traders need to understand is that no strategy is a sure strategy to make profit in any trade tho some strategies work well in some kind of market conditions, so even while if might work experienced traders still learn to adjust when the market changes and thats the best way so far but the one thing is also this: the wey so many people on social media deceive us by only show their profits and luxury lifestyles without talking about their losses and then we feel like it’s something we can just venture into it.

Only newbies that are new to the crypto world entirely will fall for that trick in this 2026. People have now come to understand that making money is not an easy thing to accomplish. You will meet with many trials and as long as you give up while the process is yet to be well established, you’ll risk not making it in this life, even outside of trading. Trading is not a get rich quick scheme, but many people already made it look so and that’s the major reason of attractiveness of new traders to fall for fake trading profits, and big lifestyle claimed to be earned from trading.

[Sonia_123]

That is why most investors fails because they see bitcoin investment as try your luck when they put in their money they expected it to yield them profit immediately but gets disappointed and start withdrawal when bitcoin market price starts dropping and so they are forced to sell their investment at a lesser price than losing and that is why they go into trading thinking is the best but becomes worst, alot of persons have being mislead by this little confusion of bitcoin makes you get rich quick.

The success of Bitcoin investment is all about long term investment and until you understand it and how you go about bitcoin investment and it's risky nature of not investment involved and any other funds that you cannot be able to lose not to be put into it then you remains a gambler .

[UpTober]

I think no one starts investing with the intention of losing money by investing, rather investors start investing with some idea about investment and the intention of every investor is that they will hold this investment for a long time and at some point they will make a good profit from this investment. Profit is uncertain but if we observe the past market carefully then we will see that those who have held their investment for a long time have succeeded in the end. Now as you said that one should not joke about investment, yes it is right but I think everyone who invests has the illusion of money so no one should joke about their own money at least. But yes sometimes investors have some wrong ideas about investment and they take wrong steps due to that wrong idea but if investors can select the right coins and move consistently in the right direction then I think they can be successful in holding their investment for a long time.

[Y3shot]

Investing in Bitcoin is not like testing your luck where you decide your fate by tossing or drawing a raffle. Bitcoin is a trusted savings for your future where you keep holding it for the protection of yourself and your family members. If someone sees it as a testing investment, they will not take it seriously and if for some reason the investment suffers a loss, they will lose interest in investing in the future.

For those who invested in 2010 or earlier and have held on to it till now, Bitcoin is a life-changing investment. They never invested to change their luck or test their luck, they invested with the long-term vision and importance of Bitcoin in mind and luck has taken them to unique heights.

This is why one must be sure while investing in Bitcoin and also understand what they are investing in. Investing in Bitcoin just by trying luck doesn't always end up profitable. If you are trying to invest in Bitcoin because you are not sure about it, it means that if there is a serious fall in the price of Bitcoin, it can lead one to decide to sell their coins, resulting in a significant loss.

Bitcoin investment is very real, and the most important thing is for one to understand what they are doing. If one understands that Bitcoin is a long-term investment and comprehends the volatility of Bitcoin, it always brings success. However, when you invest relying on luck, there is always doubt, which can lead one to make the wrong decisions at any time.

[samadam007]

I think no one starts investing with the intention of losing money by investing, rather investors start investing with some idea about investment and the intention of every investor is that they will hold this investment for a long time and at some point they will make a good profit from this investment. Profit is uncertain but if we observe the past market carefully then we will see that those who have held their investment for a long time have succeeded in the end. Now as you said that one should not joke about investment, yes it is right but I think everyone who invests has the illusion of money so no one should joke about their own money at least. But yes sometimes investors have some wrong ideas about investment and they take wrong steps due to that wrong idea but if investors can select the right coins and move consistently in the right direction then I think they can be successful in holding their investment for a long time.

Of course nobody invests with intention of losing money, but at the same time you have to accept the fact that losing money is possible, because success is not guaranteed. You can believe 100% in bitcoin potential and still reduce your expectations. Accepting that reality helps a lot, especially in aspect of choosing amount to put inBitcoin. Why do you think folks are advised to only invest amount they can afford to lose?

Bitcoin performed well in the past but the future is uncertain, so it is better not to make risky decisions based on speculations and too much expectations. Just continue accumulating while holding so that hopefully, if bitcoin performs better in the future, you won’t be left out.

[Solokan]

Before investing on any kind of investment make you're research on it and know more about it before looking forward to invest on when you make research about how and why bitcoin is being created and how it works you will understand that investing on bitcoin is not game and mistakes that alot of investor make they're investing on bitcoin with the mindset of becoming rich overnight but it takes patient time to multiply gradually. So is not about luck is about strategy and investing on the capacity that you have.

It's true that many people want to get rich quickly by investing in BTC, but patience is indeed required. Getting rich isn't instant, in any case, including investing in BTC. However, it's also unique that many people who want to get rich quickly from investing in BTC end up not getting rich because they don't hold BTC for the long term or panic-sell when the market drops.

Investing in BTC isn't about luck, but patience. The key is to invest the right amount of money. However, if you look at successful BTC investors, it's clear they've made it a side business and are able to hold BTC for the long term. So, extra patience is indeed required to successfully invest in BTC. By making BTC a side business, you'll be able to hold BTC for the long term, as one of the common causes of long-term failure in BTC investing is making BTC investment your primary business.

[Zigabel]

The hardest part for a new investor is usually staying patient when the market turns ugly. Buying is easy, but holding through big drops without panic or FOMO takes discipline. For me, long-term investing only works if you’re using money you won’t need soon and you already accepted the volatility before buying.

I haven’t really heard anyone is investing in bitcoin as a try your luck investment, I feel staying patience is part of investing in bitcoin because you’re meant to be investing in bitcoin for the purpose of long term holding,    considering that you know what you’re doing with your bitcoin investments, you wouldn’t have any reason to panic when their is a downturn in the market, what you’re expected to do as an investor is continue and keep buying bitcoin regularly, if you’re buying bitcoin consistently I don’t believe you will have FOMO, instead you will see volatility and market fluctuations as an opportunity to keep stacking up more bitcoin into your portfolio, I don’t have any reason to be afraid of anything happening with bitcoin when I’m investing with my discretionary money, I have nothing to worry about.

Throwing some money around is not something i believe anyone wants to do and that is why you will not see anyone wanting to do Bitcoin investment as a try your luck kind of thing, although some persons can actually be really surprising with their moves, but then they will always have this form of expectations that is withing them often as it regards the investment. just like Alonso has mentioned, if you are consistent with your Bitcoin purchase, in bits maybe, you will not have reasons for FOMO to set in and then you start having to make impulsive moves like some may do. Bitcoin investment is one in which you are expected to be meticulous about, except you are not looking at making profits off your investment. And it is very important you are investing on dictionary funds, that way you will be able to get the best from it as investing with money you still need will make you invest wrongly and may not get the most of the investment.

[Zackz5000]

Bitcoin investment is just like that. It's not what you try your luck with as if you're gambling because it will make you buy out of FOMO, or buy with money that's made for your upkeep believing that you will be lucky to sell before the time you will use the money. Short term is for the smart ones but the fact is that how many of those smart traders are really smart enough to avoid losses. None of them which signifies that long term investors are the smartest.

Believe it or not at the beginning of the emergence of bitcoin many people are just trying their luck without knowing what the future will be like, if you look back at the old investor stories some are just trying their luck. In contrast to now the growth is stronger, clearer and proven as a store of value.

I believe that early investors invested in Bitcoin then without having much trust on it and they never invested with huge amount because they can't foretold the outcome, they may actually begin with let's just try luck. Any one investing in Bitcoin now shouldn't go with that same thoughts of trying luck because Bitcoin has stayed for long and has been rewarding long time Bitcoiner, traders who are aiming for a short time profit could actually have the thought of lets try luck because they could either gain or lose.

[Hatchy]

What are the challenges that will disrupt a new investor one from being a long term investor.
Let's discuss.

It doesn't really matter why you are here. We all know that the main goal of every investor is to make a profit. The real question is, what are you doing to achieve that goal?
Many people continue to make mistakes in the market that put their investments at risk. They invest out of fear, take on more risk than they can afford, or choose the wrong projects because they want to make quick money. Unfortunately, the market isn't as simple as putting in your money and expecting to double it overnight. Making profits takes time, patience, and the right actions. You also need to understand that losses are a normal part of crypto investing. Keeping this in mind will help you control your emotions when things get tough or the market suddenly turns red.

[Shineup]

Bitcoin investment is just like that. It's not what you try your luck with as if you're gambling because it will make you buy out of FOMO, or buy with money that's made for your upkeep believing that you will be lucky to sell before the time you will use the money. Short term is for the smart ones but the fact is that how many of those smart traders are really smart enough to avoid losses. None of them which signifies that long term investors are the smartest.

Believe it or not at the beginning of the emergence of bitcoin many people are just trying their luck without knowing what the future will be like, if you look back at the old investor stories some are just trying their luck. In contrast to now the growth is stronger, clearer and proven as a store of value.

I believe that early investors invested in Bitcoin then without having much trust on it and they never invested with huge amount because they can't foretold the outcome, they may actually begin with let's just try luck. Any one investing in Bitcoin now shouldn't go with that same thoughts of trying luck because Bitcoin has stayed for long and has been rewarding long time Bitcoiner, traders who are aiming for a short time profit could actually have the thought of lets try luck because they could either gain or lose.

If the early investors invested without knowing what will become of the future outcome, that doesn't make much of the difference with the investors investing now because we all don't still know the future and there is no guarantee of profits, the only difference between the early investors and now investors is that, the early investors invested without having anything to look at as a reference point towards their investment while now investors are doing it having reference to past performance and that it has the possibilities of doing better but that does not still mean they can foretold the outcome being certain.

[Out of mind]

Ask yourself why are you here in the crypto space, to look for short term profit (weak hands) which will end up putting you in losses in the long run or you are here to build a future for yourself through your long term bitcoin investment.

What are the challenges that will disrupt a new investor one from being a long term investor.

Of course, every crypto user has a future plan, they will invest in Bitcoin to improve their financial position. I have come to this to make myself a wealth owner by investing in Bitcoin. We know that Bitcoin is a powerful virtual currency. However, it is a wrong idea that only investing in Bitcoin can make you profitable, we have to move forward with it with good thinking and good planning. There are many people who invest in Bitcoin hoping to make a profit in a short time but they fail, due to market instability they often face losses but not everyone can hold their investments patiently. And if one invests in Bitcoin, then a person must be extremely patient and continue to invest according to a long-term plan. Short-term investments can always cause losses, that is why long-term investments in Bitcoin have the hope of making much more profit from it in the future.

[Junii]

What are the challenges that will disrupt a new investor one from being a long term investor.

Let's discuss.

I think the biggest challenges new investors faces in bitcoin is the holding of an asset when market behaves against him/her  i mean if someone is new and he/she buy bitcoin last year when it was at 120k suppose and he is still holding it that was the first challenge because when market started down trend most new investors panic and sell it  secondly now a days many people think especially in bitcoin investment that they will invest some dollars and they will become rich in few days which is totally wrong no doubt the return of bitcoin is good and impressive as compared to other assets but it still require patience and a proper strategy.

[Franklyn-wood]

I think no one starts investing with the intention of losing money by investing, rather investors start investing with some idea about investment and the intention of every investor is that they will hold this investment for a long time and at some point they will make a good profit from this investment. Profit is uncertain but if we observe the past market carefully then we will see that those who have held their investment for a long time have succeeded in the end. Now as you said that one should not joke about investment, yes it is right but I think everyone who invests has the illusion of money so no one should joke about their own money at least. But yes sometimes investors have some wrong ideas about investment and they take wrong steps due to that wrong idea but if investors can select the right coins and move consistently in the right direction then I think they can be successful in holding their investment for a long time.

The approach people give to there investment is very important. I have seen people who can hardly take decision on there own except someone gives them advice on what they want to do before they can now make decisions base on what people say, and people like this can be mislead because of not being able to take certain decisions on matters that are crucial and delicate to them.
Some are afraid of taking risk because they work so hard to get there money, and may be afraid of making investment that has high risk like Bitcoin, but when they see those  who took the risk of investing and holding long term, they will feel bad and tage it as scam.

[Bright0515]

Bitcoin investment has to do with putting in effort and not having anything to do with luck because it is not gambling, a lot of people assume that when they invest in Bitcoin it would be possible for them to make a huge amount of money within a short period of time but that's not really possible. If you don't set your target on holding for a long term then there's no way you can make significant profit from the market, it is all about being disciplined and also being consistent as well. The results you get is based on how consistent you are.

[BItcoin Guy@]

Investment isn't what you should think of trying your luck because if you have such thought in mind, it will make you not take your bitcoin investment serious and that will lead to losses due to wrong decisions. Investment is about building and growing that business for the future. You are not after the short term out but a long term outcome and that will make you give yourself enough time to learn, study and know the challenges in the business to prevent you from unexpected losses.

Anyone that says he wants to try his luck in investment, I can probably say he is not ready to invest and achieve something, he is just trying to make it as entertainment, and you can’t call that investment but gambling. When you’re talking about Bitcoin investment, you need to be serious about what you’re doing and focus on how to hold for the long term, it is not about trying your luck but about consistency and investing money you can afford to lose. When you invest in Bitcoin, before you achieve huge profit, I think you will face some little challenges in the market, it won’t always go your way, since it is volatile, and your patience will make you achieve your dreams.

Ask yourself why are you here in the crypto space, to look for short term profit (weak hands) which will end up putting you in losses in the long run or you are here to build a future for yourself through your long term bitcoin investment.

Some people in the crypto space are not long-term investors, they prefer something easy, and that is why they have trading you can know your faith in few minutes, since it is something easy to achieve profit when it favors you and have the experience, because trading is not all about luck, you need to have the knowledge to get the opportunity to achieve success in it. There are a lot of Bitcoin investors, many people always use their experience and hold for a long term, because that is the best way as a crypto investor, because nothing will minimize your risk more than investing in Bitcoin for some period of time and set your target.

[HustleZ]

[…]

Bitcoin is not luck, only when we are investing with proper risk management and methods then it becomes something that does depend on luck and only on discipline. If you are in the illusion that you have to invest and then you will be profitable, this will be the case but it wont go the way you expect it and you will take several bad decisions that will make it unprofitable, so a proper method to invest is important independent of how the market is, if you keep investing then you will be successful. DCA is the way to go.

[lombok]

[…]

Bitcoin is not luck, only when we are investing with proper risk management and methods then it becomes something that does depend on luck and only on discipline. If you are in the illusion that you have to invest and then you will be profitable, this will be the case but it wont go the way you expect it and you will take several bad decisions that will make it unprofitable, so a proper method to invest is important independent of how the market is, if you keep investing then you will be successful. DCA is the way to go.

Sound risk management is must that will help to navigate within the volatile crypto market. Make sure to have balanced capital ratios in order to not make any emotional decision in case of significant price fluctuations. Counting on the hope of getting quick profit without having plan will result in death of your investments.

Use periodic approach to buying crypto, since this method has already proven it is effectiveness in dealing with the negative effect of price volatility. Buying digital assets periodically always preserves the same investment mentality in all kind of markets. Be patient in building up your portfolio in order to get to the top.