What Makes Your Bitcoin Journey Comfortable?

[Itz-prisigold]

What happens when you don’t have people that share same vision with you about bitcoin around you? Does it mean that you will subscribe to their own perspective about bitcoin? What I think is that, if you are still going to depend on other people’s encouragement in order to get the conviction that you are going to hold your bitcoin and forget about the outside noises, then you are not yet ready for this bitcoin investment. Be a one man soldier, you are only loyal to yourself, that is when you can have this conviction that you will hold your bitcoin even if everyone around you think otherwise. Don’t depend on others, if not the day they change their mind, they will equally convince you to follow suit.

I think you are right, that a person conviction on Bitcoin does not have to rely on whether people around them support that decision or not. But just because someone wants to be around people who have the same beliefs, doesn’t necessarily mean that the person’s conviction about Bitcoin is weak. And I don’t see anything wrong with that.  At least being able to exchange ideas with others who actually understand your goal, can also help you learn and view issues from a different perspective.

What I feel is more important is knowing the reason why you're investing in Bitcoin.  So if you end up finding yourself in a situation whereby those individuals change their thoughts,  you can still make your own choices without blindly following them.

[Bryan jessy]

Sticking with people who share the same opinion and goal can be underrated at times. It’s always good to associate yourself with people who are also looking at same direction with you, that way you both can keep encouraging each other and not discouraging yourself.

What happens when you don’t have people that share same vision with you about bitcoin around you? Does it mean that you will subscribe to their own perspective about bitcoin? What I think is that, if you are still going to depend on other people’s encouragement in order to get the conviction that you are going to hold your bitcoin and forget about the outside noises, then you are not yet ready for this bitcoin investment. Be a one man soldier, you are only loyal to yourself, that is when you can have this conviction that you will hold your bitcoin even if everyone around you think otherwise. Don’t depend on others, if not the day they change their mind, they will equally convince you to follow suit.

I have come to a point in life where I do not even ask for people's opinion I do things because I want to do them, because it is right and will favour me, though I am still open to learning something new but in case where people around me have different views of things I find to be good but they see it the opposite, I will just do that which I feel is right and leave them to stick to their own beliefs the fact remains that you can not force people to believe something they find difficult to neither you. At the end everyone is running a different race with different dreams to fulfill so depending on others will not do any good,  just as our faces are different so is our heart.

[Son Of Blockchain (SOB)]

Edited...

I have come to a point in life where I do not even ask for people's opinion I do things because I want to do them, because it is right and will favour me, though I am still open to learning something new but in case where people around me have different views of things I find to be good but they see it the opposite, I will just do that which I feel is right and leave them to stick to their own beliefs the fact remains that you can not force people to believe something they find difficult to neither you. At the end everyone is running a different race with different dreams to fulfill so depending on others will not do any good,  just as our faces are different so is our heart.

True bro, having people who share same goal and ideology with you is good cause they'll motivate you to do better but with or without them every Bitcoiner should encourage themselves to meet their targets in future and that's why having conviction is important cause you'll always believe that Bitcoin would do better.
 That's enough encouragement that doesn't need external motivation to be successful in holding Bitcoin. Moreover we might all have one goal which is holding longer but how long each person wants to hold is different.

[SOKO-DEKE]

When someone has proper knowledge about Bitcoin and cryptocurrency in general, they will always take the right steps, and Bitcoin investment will not be a problem for such a person. They will know how to provide proper security for their Bitcoin investments or any other altcoin investments because they already understand the right things to do.Having that knowledge is the most important thing, as it is likely to cover every guide someone needs when it comes to Bitcoin investment. It is the lack of proper knowledge that makes some people end up making costly mistakes.For instance, if someone knows that the long term is the most likely period to see reasonable profits from Bitcoin, why would they consider investing money they cannot afford to leave invested for the long term?Most people who lose money in Bitcoin do so because of the mistakes they make.

[SPIDERMAN008]

When someone has proper knowledge about Bitcoin and cryptocurrency in general, they will always take the right steps, and Bitcoin investment will not be a problem for such a person. They will know how to provide proper security for their Bitcoin investments or any other altcoin investments because they already understand the right things to do.Having that knowledge is the most important thing, as it is likely to cover every guide someone needs when it comes to Bitcoin investment. It is the lack of proper knowledge that makes some people end up making costly mistakes.For instance, if someone knows that the long term is the most likely period to see reasonable profits from Bitcoin, why would they consider investing money they cannot afford to leave invested for the long term?Most people who lose money in Bitcoin do so because of the mistakes they make.

You are right. In fact it is necessary to have a proper idea about investing. But to continue investing in bitcoin comfortably  it is also important for that investor to have financial capacity. It may not always be possible to continue investing in the long term with just the right knowledge. However  I do not mean a person with a lot of income or a rich person by financial capacity. The capacity to invest in bitcoin is that if someone has any extra money left after completing their necessary expenses, it is possible to invest in bitcoin with that. So I think that in investing in bitcoin in the long term should not only focus on bitcoin accumulation. Rather we should also focus on improving  cashflow management should also focus on increasing knowledge over time. Then we can continue investing in bitcoin in a very comfortable way.

[icebar]

Sticking with people who share the same opinion and goal can be underrated at times. It’s always good to associate yourself with people who are also looking at same direction with you, that way you both can keep encouraging each other and not discouraging yourself.

What happens when you don’t have people that share same vision with you about bitcoin around you? Does it mean that you will subscribe to their own perspective about bitcoin? What I think is that, if you are still going to depend on other people’s encouragement in order to get the conviction that you are going to hold your bitcoin and forget about the outside noises, then you are not yet ready for this bitcoin investment. Be a one man soldier, you are only loyal to yourself, that is when you can have this conviction that you will hold your bitcoin even if everyone around you think otherwise. Don’t depend on others, if not the day they change their mind, they will equally convince you to follow suit.

I have come to a point in life where I do not even ask for people's opinion I do things because I want to do them, because it is right and will favour me, though I am still open to learning something new but in case where people around me have different views of things I find to be good but they see it the opposite, I will just do that which I feel is right and leave them to stick to their own beliefs the fact remains that you can not force people to believe something they find difficult to neither you. At the end everyone is running a different race with different dreams to fulfill so depending on others will not do any good,  just as our faces are different so is our heart.

There comes a time in a person's life when he has to take responsibility for his own decisions, because even if he follows the advice of others, the consequences of his mistakes ultimately affect his own life. Everyone's financial situation, responsibilities and future goals are different. So, one person's decision may not be applicable to another. A person wanted to start a new business, but the people around him stopped him. However, if you started a new business without listening to them, you might not have been able to earn much money in the beginning. But, if you gradually become known to people and the quality of your business products is good, then people will buy things from you.

It is not right to give up your plans by listening to those who stop you from making any plans. However, there are some people who stop you for your own good, it is better to respect them. In my opinion, moving forward according to your own capabilities without comparing your life with others is a sign of true confidence. It should also be remembered that no one can ever change someone's fate by giving advice. Everyone's fate can be changed through their own decisions and actions.

[Lembo69]

The right decision of an investor and being realistic about the investment without being overly optimistic about it makes Bitcoin investment comfortable. I think the more hope a person has about his investment, the more he will sink into disappointment. The right knowledge and long-term mentality make Bitcoin investment comfortable. If someone really wants to make his investment journey comfortable, then he should invest from prudent income to long-term goals and maintain investment discipline without expecting anything extra. This is the only way to make his investment journey comfortable. The investment of those who have a kind of fear and anxiety about the market never goes smoothly.

[Chinesebaby]

The right decision of an investor and being realistic about the investment without being overly optimistic about it makes Bitcoin investment comfortable.

And by being realistic, it literally implies the fact of an investor not seeing Bitcoin as his or her gateway into getting rich overnight, because it's only when a person has much expectation from his Bitcoin investment and starts calculating how much profits he or she could make over a certain period of holding his Bitcoin investment that such individual can only gets disappointed if the price value of Bitcoin doesn't skyrocket the way he anticipated. So in a nutshell, in other for one to a satisfiable and comfortable experience with Bitcoin investment. He just needs to know how it works, and ready and winning to still invest in for long term benefits.

[Yeesha]

Edited...

I have come to a point in life where I do not even ask for people's opinion I do things because I want to do them, because it is right and will favour me, though I am still open to learning something new but in case where people around me have different views of things I find to be good but they see it the opposite, I will just do that which I feel is right and leave them to stick to their own beliefs the fact remains that you can not force people to believe something they find difficult to neither you. At the end everyone is running a different race with different dreams to fulfill so depending on others will not do any good,  just as our faces are different so is our heart.

True bro, having people who share same goal and ideology with you is good cause they'll motivate you to do better but with or without them every Bitcoiner should encourage themselves to meet their targets in future and that's why having conviction is important cause you'll always believe that Bitcoin would do better.
 That's enough encouragement that doesn't need external motivation to be successful in holding Bitcoin. Moreover we might all have one goal which is holding longer but how long each person wants to hold is different.

Exactly, emotional support is actually very important in every journey of success. To feel comfortable in your bitcoin journey you must share your goals and ideas with others. Sometimes you might find it very difficult to find out some certain things no matter how easy it is, until you ask for other people's opinions. Every single investor has their aims and objectives and the only way to meet up with your investments is through adaptability and appropriate decision-making.

[Out of mind]

Strategy not gambling
The DCA method is much better than timing the dip. It is good to buy small and consistently, that will be like savings and not trading. You feel better because you are using DCA to grow your Bitcoin portfolio. Waiting for the price to increase before investing is like gambling, because you are just taking risks without risk management.

Every point you have raised makes the Bitcoin journey much more comfortable. But I like investing in Bitcoin according to this strategy, especially DCA, this strategy is consistently very popular and is followed by most investors. There is no need to worry about the low and high price of Bitcoin, but rather there is a thought of accumulating Bitcoin through DCA, you do not have to wait for Bitcoin to decrease, but you can buy from any situation and increase your portfolio. Many people buy from deep and wait to sell at a high price, but it is basically like trading and gambling. When you buy Bitcoin using DCA, you will feel very comfortable, besides, using this strategy, the risk is greatly reduced and there is a hope of much higher profits.

[laijsica]

Op you are right that having the right knowledge about Bitcoin will reduce the risk of being tempted by others to a great extent. You will not be volatile in the face of market price fluctuations if you are aware of the intrinsic value of Bitcoin and deposit Bitcoin regularly.

A long term view is the best investment strategy but some people gamble (trade) with their own funds to get quick profits which can only increase your losses.

Finally you said about wallet security the main strategy should be to transfer Bitcoin to a reliable non custodial wallet and keep the security measures (security key and seed phrase) safe with yourself.

If you want to accumulate Bitcoin for the long term and avoid the risk of withdrawal of holdings, create an emergency fund and sustain cash flow.

[Pearl_20]

One thing that has made my journey in Bitcoin is being amongst people that have had experience and are not afraid of investing no matter how risky it looks, if you want to succeed in a particular field you have to surround yourself with people that have been there longer than you and also people that are positive and open minded and focused although what worked for them may not work for you but it is important to be in the midst of positive people while having your own strategy.

The journey of bitcoin wasn't even made to be comfortable for anybody considering how volatile it is but having the right people around you can make it all worthwhile. Yes, the right people can make your bitcoin journey comfortable with them you can know how things are done they will also be able to share their losses not just their wins only and imagine the days when prices drops and you happens to be alone if you're not a strong person you can panic and even cause another thing but with the right people around you there no room for loneliness as you all can share and have thoughts about it.

I think 90 percent of bitcoin journey is surrounding yourself with people who are there ahead before you and whether prices drops or goes up there's always room for interaction and guidance and another thing is also having another source of income so that it won't be like bitcoin is the only Thing you're holding on to.

[NewRevelation]

Op you are right that having the right knowledge about Bitcoin will reduce the risk of being tempted by others to a great extent. You will not be volatile in the face of market price fluctuations if you are aware of the intrinsic value of Bitcoin and deposit Bitcoin regularly.

A long term view is the best investment strategy but some people gamble (trade) with their own funds to get quick profits which can only increase your losses.

Finally you said about wallet security the main strategy should be to transfer Bitcoin to a reliable non custodial wallet and keep the security measures (security key and seed phrase) safe with yourself.

If you want to accumulate Bitcoin for the long term and avoid the risk of withdrawal of holdings, create an emergency fund and sustain cash flow.

Right words.. for a safe investment journey, the best has been consistent accumulation using the DCA, at least, with the DCA, you can buy within your means. You wouldn't be putting yourself under pressure of trying to do the lump sum or struggle to buy from the Dip when you don't have the financial power to do so.

The DCA is just a calm process of buying, and if you remain consistent, within periods, you must have accomplished some realistic portfolio without pressure. And while doing this, your building your back up funds is also important as it helps you to keep moving on and protect your investment anytime there is an emergency need.

[Nathrixxx]

The aspect that captivates me most is the security and control that we stand to benefit from the Bitcoin network, but so many people don't understand how they could achieve maximum security over their assets in Bitcoin, as well as how they could be in control of it.

This is where the idea of learning more about privacy is important on how we could make use of a non-costodial wallet for our storage, as regard the security aspect, we have to take it our own responsibility and maintain this without leaving any vulnerability that could be used as a means of attacking us, everything we so needed are made available online to acquire necessary information regarding Bitcoin security and how we could fully be in control of our assets.

[Queen uloma]

What happens when you don’t have people that share same vision with you about bitcoin around you? Does it mean that you will subscribe to their own perspective about bitcoin? What I think is that, if you are still going to depend on other people’s encouragement in order to get the conviction that you are going to hold your bitcoin and forget about the outside noises, then you are not yet ready for this bitcoin investment. Be a one man soldier, you are only loyal to yourself, that is when you can have this conviction that you will hold your bitcoin even if everyone around you think otherwise. Don’t depend on others, if not the day they change their mind, they will equally convince you to follow suit.

I think you are right, that a person conviction on Bitcoin does not have to rely on whether people around them support that decision or not. But just because someone wants to be around people who have the same beliefs, doesn’t necessarily mean that the person’s conviction about Bitcoin is weak. And I don’t see anything wrong with that.  At least being able to exchange ideas with others who actually understand your goal, can also help you learn and view issues from a different perspective.

What I feel is more important is knowing the reason why you're investing in Bitcoin.  So if you end up finding yourself in a situation whereby those individuals change their thoughts,  you can still make your own choices without blindly following them.

I don’t see anything wrong with someone that want to surround himself with people that has same  bitcoin belief, because exchanging ideas with people that understand your goal can help you learn more and see things from a different perspective. But what matters most is to understand why you’re investing in bitcoin.

In That way even if those people changes their mind tomorrow, you will still have your own conviction and make decisions based on your understanding rather than following others blindly.

[L E G E N D A R Y]

True bro, having people who share same goal and ideology with you is good cause they'll motivate you to do better but with or without them every Bitcoiner should encourage themselves to meet their targets in future and that's why having conviction is important cause you'll always believe that Bitcoin would do better.
 That's enough encouragement that doesn't need external motivation to be successful in holding Bitcoin. Moreover we might all have one goal which is holding longer but how long each person wants to hold is different.

True, depending on someone else entirely won't make one grow or understand how Bitcoin works. It could even mislead them into making poor decisions that won't be helpful in the long run. So, most times, it is better to encourage oneself and keep moving because people can disappoint. Besides, that doesn't stop Bitcoin from fluctuating. Do the needful and understand that succeeding with Bitcoin requires determination and the right mindset to keep holding despite the ups and downs.

[Son Of Blockchain (SOB)]

Edited..

True, depending on someone else entirely won't make one grow or understand how Bitcoin works. It could even mislead them into making poor decisions that won't be helpful in the long run. So, most times, it is better to encourage oneself and keep moving because people can disappoint. Besides, that doesn't stop Bitcoin from fluctuating. Do the needful and understand that succeeding with Bitcoin requires determination and the right mindset to keep holding despite the ups and downs.

Afterall the best motivation one can get is the one the person give him/herself, Bitcoin has already given us reasons to the motivated in holding longer, which is the past record. When you noticef that long term holders in the past has benefited a lot from doing so you’ll be convinced on holding longer.
 Yeah dude your take on determination is spot on cause even if you get motivated by someone if you're not determined to work on achieving success with the motivation you get, the person's motivation could be wasted effort.

[MyWarLord]

It’s best to take your time and study about bitcoin and how it works before investing your money. The knowledge I had about bitcoin really helped me a lot, ever since i started my bitcoin investment journey I have been purchasing bitcoin comfortably without feeling pressured because I do it with my disposable money after I must have gotten my basic needs and also settled my expenses for the week or for the month. You also need to be financially discipline by only investing money you can afford to lose, don’t allow fear control your emotions when bitcoins price drop. Just have the right knowledge about bitcoin, security, and be patience.

[Lida93]

Snip

I quite agree with all the factors you outlined here during your analysis, there are lots of people who would have comfortably indulge in Bitcoin if only somebody had broken it down to them just the way you did, there are several other factors which other people also use to explain Bitcoin to prospective investors but yours is more convincing in my opinion and i think I could also explain it to someone else in like terms whenever I come across somebody who wishes to invest in Bitcoin.
So many people are willing to invest, but due to their ignorance about Bitcoin investment and other irregularities/ uncertainties that may arise during or after investment, people tend to lose their interest in Bitcoin and channel their funds into other investments scheme.

[Lida93]

Snip

I quite agree with all the factors you outlined here during your analysis, there are lots of people who would have comfortably indulge in Bitcoin if only somebody had broken it down to them just the way you did, there are several other factors which other people also use to explain Bitcoin to prospective investors but yours is more convincing in my opinion and i think I could also explain it to someone else in like terms whenever I come across somebody who wishes to invest in Bitcoin.
So many people are willing to invest, but due to their ignorance about Bitcoin investment and other irregularities/ uncertainties that may arise during or after investment, people tend to lose their interest in Bitcoin and channel their funds into other investments scheme.