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Topic: 4 Things I Learned as A Bitcoin Holder - page 3. (Read 5348 times)

hero member
Activity: 826
Merit: 1004
March 17, 2017, 11:13:15 AM
#34
I have learned many things will holding bitcoins
1. Patience is everything, even though at some cases panic selling occurs we shouldn't worry as it happens
2. Ignore altcoins, as we currently see altcoins are creating chaos and many people are telling bitcoin is over ignore them just stick with bitcoin.
3. Stay away from gambling and there bankroll.
legendary
Activity: 1918
Merit: 1728
March 17, 2017, 11:02:59 AM
#33
Don't waste your time on reading full article, it's nothing special. The main thought behind this article is this:

"No matter what you do: investing in bitcoin, stocks, gold, or taking an exam or being in a relationship, do not take it as gambling, or a game of luck.
Do not believe in stories about getting rich overnight."

In the end there is no one who can predict price accurately, all you need to do is wait for the right time to sell your coins.



Exactly. Giving general expected view and marketing it as "4 Things to learn as Bitcoin holder" won't work these days. A holder of Bitcoin is smart enough to make such decisions and think this all first hand!!
Better be boss of own mind and do what is best according to one's experience. Bitcoin is most unexpected currency and no one could predict its future rightly. And if someone does, it is merely a guess!!
sr. member
Activity: 378
Merit: 250
www.tgtcoins.com/ico
March 17, 2017, 11:02:22 AM
#32
Facts in a nut shell.
The article in the site is a paid one means the author was paid to write it, it may be reason that people do write motivational stories exaggerating the fact, You can get a lot more similar stories by searching on google "Bitcoin motivational investment".
Don't waste your time on reading full article, it's nothing special. The main thought behind this article is this:

"No matter what you do: investing in bitcoin, stocks, gold, or taking an exam or being in a relationship, do not take it as gambling, or a game of luck.
Do not believe in stories about getting rich overnight."

In the end there is no one who can predict price accurately, all you need to do is wait for the right time to sell your coins.


I have seen similar examples in Stock trading of Plots, even Land trading works the similar way except it has much much risk of death if you have competitor.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
March 17, 2017, 10:55:15 AM
#31
Don't waste your time on reading full article, it's nothing special. The main thought behind this article is this:

"No matter what you do: investing in bitcoin, stocks, gold, or taking an exam or being in a relationship, do not take it as gambling, or a game of luck.
Do not believe in stories about getting rich overnight."

In the end there is no one who can predict price accurately, all you need to do is wait for the right time to sell your coins.



i agree. 8btc.com is starting to become a bit annoying with its articles these days. at first i thought it is because of translation but i am starting to think they are just poor articles and each day you see them being posted in a new topic in this board!
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
March 17, 2017, 10:43:00 AM
#30
Have you ever thought of why some people succeed in investing bitcoin while others lose? a chinese bitcoin holder shared his story about 4 things he learned from his successful investment in bitcoin.
Actually, he started with Litecoin, but lost everything. He began investing in bitcoin in 2015 and won a return of 330% in 20 months.
Read more about the story.
http://news.8btc.com/4-things-i-learned-as-a-bitcoin-holder
I think this is only the timing of investment at a particular timing . Here most of the people are making money from the trading ( which is similar to the investment to buy the bitcoin or altcoin ) .
So here you just need the get analyze about the price range of the particular altcoin or coin  in this way you can really make a big profit .
Here somewhat the link post is saying same thing .
legendary
Activity: 1862
Merit: 1004
March 17, 2017, 10:28:03 AM
#29
Don't waste your time on reading full article, it's nothing special. The main thought behind this article is this:

"No matter what you do: investing in bitcoin, stocks, gold, or taking an exam or being in a relationship, do not take it as gambling, or a game of luck.
Do not believe in stories about getting rich overnight."

In the end there is no one who can predict price accurately, all you need to do is wait for the right time to sell your coins.

sr. member
Activity: 381
Merit: 250
March 17, 2017, 10:20:09 AM
#28
This is a great article. I know
Bitcoin users will learn a lot
of thing while using this coin.
sr. member
Activity: 440
Merit: 250
March 17, 2017, 09:31:22 AM
#27
I have heard many stories how people get rich with bitcoin. And many of this stories were about a guy who believed in bitcoin and bought some coins just for couple cents or dollars and now he is a millionaire. But the story about buing bitcoin in 2015 when the price was pretty high already is something new.
yes that is a fact that a lot of people have make good money from bitcoin and still there are so many opportunities to make money from bitcoin but stil it need a lot of experience and knowledge about bitcoin if you want to make money from it.
legendary
Activity: 2492
Merit: 1001
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March 17, 2017, 09:08:57 AM
#26
a story so well, I think this is enough to inspire me. actually I was impatient, but, reading this makes me think that it might be a good strategy in developing what we have is by slowly. I acknowledge the patience you have. slowly but surely, it's really cool.
hero member
Activity: 1470
Merit: 655
March 17, 2017, 09:00:36 AM
#25
I have heard many stories how people get rich with bitcoin. And many of this stories were about a guy who believed in bitcoin and bought some coins just for couple cents or dollars and now he is a millionaire. But the story about buing bitcoin in 2015 when the price was pretty high already is something new.

that is new for you Cheesy
i don't mean to gloat but i have also started buying back in 2015 and when price was still low. i am not a millionaire but i have made A LOT OF PROFIT ever since i started investing in bitcoin and i have not stopped or slowed down even after this much time and i am still making more profit.

i am sure if you continue this way, next year you will tell this to someone else.
legendary
Activity: 3038
Merit: 1169
March 17, 2017, 08:52:36 AM
#24
Have you ever thought of why some people succeed in investing bitcoin while others lose? a chinese bitcoin holder shared his story about 4 things he learned from his successful investment in bitcoin.
Actually, he started with Litecoin, but lost everything. He began investing in bitcoin in 2015 and won a return of 330% in 20 months.
Read more about the story.
http://news.8btc.com/4-things-i-learned-as-a-bitcoin-holder

Great trend of events happen in his life and then became successful later on, surely all of us have an ups and the downs in life and certainly I think all will certainly experience when one is surely moving forward in his life taking up so much problem just never give up in life and you will be fruitful in your way ahead and if GOD is surely with you, you can surely do it!
hero member
Activity: 2912
Merit: 556
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March 17, 2017, 08:45:27 AM
#23
it was a great story and its inspiring me to read whole post, only few people like Wan Fangzhong that don't care about trading and only check the price in once a month and i am sure that now he's making big profit to hold his bitcoin for a long time ago. its a good learning for us and we need to learn from him, the investment its should work for a long term and not for short or middle term and i think he is successful doing this. i think we are not too late to be like Wan Fangzhong as the price is not too high and imagine that in 5 years from now, the price will be increase more and more.
hero member
Activity: 1078
Merit: 514
March 17, 2017, 08:39:30 AM
#22
I have heard many stories how people get rich with bitcoin. And many of this stories were about a guy who believed in bitcoin and bought some coins just for couple cents or dollars and now he is a millionaire. But the story about buing bitcoin in 2015 when the price was pretty high already is something new.
hero member
Activity: 2352
Merit: 594
March 17, 2017, 08:34:26 AM
#21
A great article though and what a very inspiring story from wansfang. Chinese surely is good when it comes to money matter.

And I guess I'm on the right track upon reading the first thing that he did that sticking on the long term investment.

That's why I'll keep my bitcoin for the long term investment.

You bet. If it's comes to money, Chinese are the ones who are good on doing business, and good on managing their money, why? it because they are not afraid to lose their money, they are taking the risk to know what will happen in the end, even though they failed on a certain business, doesn't mean that they are going to stop trying, instead, they are keep on trying things to work out until they achieve what they want, and that is to completely make more money by their businesses.

And this story is really inspiring, especially for those people who quit doing bitcoin or believing in bitcoin because they have failed on their first try, but it is not enough to quit, because as long as do people live, there are still hopes, so we just have to keep on trying until we get what we want or what we need.
hero member
Activity: 882
Merit: 500
March 17, 2017, 08:31:17 AM
#20
Have you ever thought of why some people succeed in investing bitcoin while others lose? a chinese bitcoin holder shared his story about 4 things he learned from his successful investment in bitcoin.
Actually, he started with Litecoin, but lost everything. He began investing in bitcoin in 2015 and won a return of 330% in 20 months.
Read more about the story.
http://news.8btc.com/4-things-i-learned-as-a-bitcoin-holder
Actually all this only depends upon the luck and our descion that where we are going to invest , So here I don't think that any story of a successful investor will work for us .
Here all we know that investment in the bitcoin and ND altcoins gives profit when the price increases , so it is more better to make experience about the decisions and also need better study that is only possible to share our thoughts with each other .
hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
March 17, 2017, 08:28:32 AM
#19
Have you ever thought of why some people succeed in investing bitcoin while others lose? a chinese bitcoin holder shared his story about 4 things he learned from his successful investment in bitcoin.
Actually, he started with Litecoin, but lost everything. He began investing in bitcoin in 2015 and won a return of 330% in 20 months.
Read more about the story.
http://news.8btc.com/4-things-i-learned-as-a-bitcoin-holder

Good read for a Friday afternoon. Thanks OP for sharing this story to us. I must say that his realizations are very common to investors alike but almost everyone are ignoring these facts. Most people who got into investing to BTC (or any form of assets) is always seeking to get all the money in the market and wanted to become rich very quick. We must instill in our minds that though some of us became rich in an instant, we, the general mass must look into our investments in a long-term approach. We must establish our BTC investment and take necessary decisions when it matters. Don't be greedy and always take the long-term approach.
legendary
Activity: 1666
Merit: 1001
March 17, 2017, 08:22:33 AM
#18
Great article, it a great way to earn profit from crypto currencies, investing bitcoin in for a long term is a great strategy and it will be an easy way to earn profit, and I like when you mention "Only invest in what you are familiar with.", this is the thing that all of the investor need to learned if they want to invest their wealth into crypto currencies, doing research and really find what is the potential of the coin, that is the most important thing you need to do before investing
legendary
Activity: 2912
Merit: 1068
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March 17, 2017, 08:16:32 AM
#17
Good story for sharing the experience and it's great guideline and help for Bitcoin beginers but actualy the most valuable experience is your own and that is the best way how you will learn things, feel your own ups and downs and get the best out of it. So hear and learn from others but don't be afraid to try on your own.
hero member
Activity: 2590
Merit: 644
March 17, 2017, 08:10:20 AM
#16
Have you ever thought of why some people succeed in investing bitcoin while others lose? a chinese bitcoin holder shared his story about 4 things he learned from his successful investment in bitcoin.
Actually, he started with Litecoin, but lost everything. He began investing in bitcoin in 2015 and won a return of 330% in 20 months.
Read more about the story.
http://news.8btc.com/4-things-i-learned-as-a-bitcoin-holder
That article is very helpful for newbies who are getting started in investing on bitcoin because most of them are greedy and they want a fast profit scheme kind of investment but they need to always remember at least the 2 of those 4 lessons. And it is "Only invest in what you are familiar with." this kind of lesson is the a must to remember because if you do just random investing then you will probably lose your money. And the another one is "Stick to a long-term investing strategy." where you will maximize your possible earnings by just holding or saving for long term.
hero member
Activity: 3010
Merit: 629
March 17, 2017, 08:08:43 AM
#15
His story is really inspiring, in this life we face many challenges and failures but the key is how to deal with it accept and move on.

As a bitcoin holder i learned how to be patient and believe that i will achieve my goal when i didnt stop striving to make it possible.

I take btc as a long term investment and when the price is dropping i take it as an opportunity to buy again. it is risky but if you have guts you will overcome those doubts.
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