Topic: Bitcoin investment (Read 997 times)
Warren Buffet himself is very hostile to the idea of Bitcoin and his ideas are obsolete by at least a few decades. He did made the advice of not investing the entire amount in one stock. But that advice was made regarding the stock market. There are tens of thousands of stocks out there, and you have a large variety and huge number of options to make your decision. But the same is not true with the cryptocurrency market. There are only a few cryptos which are not copycats. Diversifying your investment is a good strategy. But that doesn't mean investing in copycats and shitcoins.
That's right, bitcoin is indeed very volatile and very risky. For that, if you want to invest in crypto, either bitcoin or altcoin, you need a deep understanding, so we are not wrong in taking action. I do not recommend investing before someone really understands what investment is and what is crypto . So investing in crypto is not for trial, so if only just try it, the risk is loss.
Simply dont invest because of the hype or others hearsay that crypto investment is a scheme wherein you can earn quick. Many people are wrong with that impression especially when bull run 2017 happened, they engage themselves not knowing the price can drop unexpectedly. So if you bought your coins that time you probably disappointed how the market moves from bullish to bearish trend. In the end every investment has risk and no assurance at all so before you invest your money take time gaining knowledge on how this particular investment works.
Before you invest onto something like bitcoin, make sure that the money that you are going to invest is your spare or excess money so that if it loses, that is not that bad to your side since that money is only your extra. Always be mindful on the coin that you are going to invest to. Make sure that you have proper knowledge about this coin or project before you do it.
We all know that one of the biggest earning today is with the use of bitcoin and many people want to be included into the world of cryptocurrency or bitcoin because they know the potential of this coin that gives a lot of profit in the future market price. We all know that the history of the bitcoin before is just a single coin that has almost a thousand dollar for one bitcoin and now we are seeing that a single currency can give a huge market price to the people who hold this and this is an excellent opportunity to invest. However, still, we need to consider a lot of things because we need to prepared about inside of the crypto world and that is investment and trading those processes are the reason why many people are getting rich with the use of bitcoin. First is investment this process is putting all of your money and wait for the right time that the price of the bitcoin goes up the same with your money. Second is trading this time you need to predict the market price properly that can give you a huge amount with a correct prediction.
Before you invest onto something like bitcoin, make sure that the money that you are going to invest is your spare or excess money so that if it loses, that is not that bad to your side since that money is only your extra. Always be mindful on the coin that you are going to invest to. Make sure that you have proper knowledge about this coin or project before you do it.
That's right, bitcoin is indeed very volatile and very risky. For that, if you want to invest in crypto, either bitcoin or altcoin, you need a deep understanding, so we are not wrong in taking action. I do not recommend investing before someone really understands what investment is and what is crypto . So investing in crypto is not for trial, so if only just try it, the risk is loss.
Not only knowledge, but we also need to be emotionally and financially prepared, as crypto is volatile, so we should figure out our purpose, if it is for short term or long term as we don't know and we can't predict the price of Bitcoin and other altcoins. So just invest when you are ready enough, don't just invest because you think today has a low price, whenever know the dip of it.
investment is not good at finding treasure, you must put your treasure in some place to provoke the other treasure. its not easy job, sometime you will lose all your money in one time, and sometime you will get much profit. its like believe on something uncertainity, but you can see about that thing is good or have future or not
Simply put you can still have your money invested anywhere.
From real life betting / gambling or on the network. The way you use it is up to you and that might change how risky you are.
Only invest what u can afford to lose else you will bust and get without nothing.
And yes you can even invest in both real life situations and at cryptocurrencies.
Just for crypto go for multiple applications such as the best coins that have high volume trading during 24h.
From real life betting / gambling or on the network. The way you use it is up to you and that might change how risky you are.
Only invest what u can afford to lose else you will bust and get without nothing.
And yes you can even invest in both real life situations and at cryptocurrencies.
Just for crypto go for multiple applications such as the best coins that have high volume trading during 24h.
That's right, bitcoin is indeed very volatile and very risky. For that, if you want to invest in crypto, either bitcoin or altcoin, you need a deep understanding, so we are not wrong in taking action. I do not recommend investing before someone really understands what investment is and what is crypto . So investing in crypto is not for trial, so if only just try it, the risk is loss.
Simply dont invest because of the hype or others hearsay that crypto investment is a scheme wherein you can earn quick. Many people are wrong with that impression especially when bull run 2017 happened, they engage themselves not knowing the price can drop unexpectedly. So if you bought your coins that time you probably disappointed how the market moves from bullish to bearish trend. In the end every investment has risk and no assurance at all so before you invest your money take time gaining knowledge on how this particular investment works.
What a fuss Bitcoin is doing in recent days! Tons of articles, reviews, and polls come out with only one purpose - to predict whether it will stop falling and jump to reach a new ceiling, or we will see new depths on BTC charts. Be smarter than flashy media. Buy bitcoin a little every day like me. I do not worry if the price is up, down or to the side. It adds up. And in the not-so-distant future, a “normal” person can accumulate a whole bitcoin in his entire life.
Recession or growth? That's what everyone is waiting to hear. If the market holds at around 7500, it says that investing is safe now. But it's still a roller coaster. Bull run can be fast, which we have never dreamed of. The demand for bitcoin is growing every day.
That's right, bitcoin is indeed very volatile and very risky. For that, if you want to invest in crypto, either bitcoin or altcoin, you need a deep understanding, so we are not wrong in taking action. I do not recommend investing before someone really understands what investment is and what is crypto . So investing in crypto is not for trial, so if only just try it, the risk is loss.
Despite this last crypto and BTC dump, I still think investing into BTC is one of my best investments ever.
Do not forget 95% of the people who purchased BTC at any part apart from these people buying at $14k+ were able to exit in profits if they wanted.
Also, this is just the beginning, I plan to stay in crypto long, long time. BTC will not stay at these levels for a long time, I strongly believe that.
Do not forget 95% of the people who purchased BTC at any part apart from these people buying at $14k+ were able to exit in profits if they wanted.
Also, this is just the beginning, I plan to stay in crypto long, long time. BTC will not stay at these levels for a long time, I strongly believe that.
Don't you consider development in Lightning, Segwit, etc great progress? I mean since now all those alts claiming "innovation" are still behind Bitcoin, in all aspects, by a large margin. I still have an optimistic view on Bitcoin future, especially with the next halving in sight.
He only bases the progress on the prices only. LOL. That’s what he meant by progress. I am more comfortable with the current price of Bitcoin now than way back 2017 which is highly unstable and very suspicious with all those new record highs for the price which had been broken very often that’s I’m not that surprised that it had dumped way too low. I prefer slow moving price since through time it would build up a good resistance so that the dump would not be too hard.I heard a lot of news and I think that’s a progress to if we think about it.
For this diversification reasons, people simply choose few altcoins when they enter cryptos. I always suggest about diversification as it will minimize the risks involved. Investments must be an integral part of preventing unexpected financial problems and risking within calculated risk levels is integral part of investments.
I don't see how altcoin can be considered a good diversification strategy for Bitcoin because most of the time when Bitcoin drops, alts drop too. The best diversification I thnk is still going for Bitcoin, stocks, bond, and real estate.
I don't remember how much I invested in BTC and the whole cryptocurrency itself but I'm sure that it was worth it.
I invested at a time when Bitcoin was still new. When something is new and still growing there is a chance that you can make some profit from it at anytime in the future, because one thing for sure is that the market is going to grow.. But at this time it is not advisable for anyone to invest everything they have in Bitcoin because they can end up losing it at anytime.
We don't really know where Bitcoin is heading to this time around and whether it's going to fall back or continue to increase.. So, anyone that is investing right now has to be really careful and invest just a part of their money that they can risk in bitcoin. As someone that has a job you can be investing monthly from your salary I guess.
We don't really know where Bitcoin is heading to this time around and whether it's going to fall back or continue to increase.. So, anyone that is investing right now has to be really careful and invest just a part of their money that they can risk in bitcoin. As someone that has a job you can be investing monthly from your salary I guess.
Never go all-in in any kind of investment. That means its not only in cryptos but to all things that you may want to pour your money in.
For this diversification reasons, people simply choose few altcoins when they enter cryptos. I always suggest about diversification as it will minimize the risks involved. Investments must be an integral part of preventing unexpected financial problems and risking within calculated risk levels is integral part of investments. 
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Thing is we are still unsure about the future and adaptability of bitcoin or cryptocurrencies. What if someone enters in crypto with all what he got and loses due to some volatility? I have seen people like Didi Taihuttu who sold everything to buy bitcoin. But have you ever thought what was his entry point? His entry point was less than 1000$ per bitcoin. By the way i discourage this behaviour of Didi Taihuttu to put all your money in a single thing.
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Indeed there is no guarantee that Bitcoin has a good future as many have predicted, but this past decade is enough to prove that hope still exists and not to miss this good opportunity. There are safe ways so that we are not trapped in big losses: 1) understand the cryptocurrency ecosystem properly, 2) realistic, everything needs a process, 3) dwyor, don't be easily influenced, don't be greedy, 4) don't sacrifice certain assets that already belong to you with something that you don't believe in.Thing is we are still unsure about the future and adaptability of bitcoin or cryptocurrencies. What if someone enters in crypto with all what he got and loses due to some volatility? I have seen people like Didi Taihuttu who sold everything to buy bitcoin. But have you ever thought what was his entry point? His entry point was less than 1000$ per bitcoin. By the way i discourage this behaviour of Didi Taihuttu to put all your money in a single thing.
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Also, make sure we all understand the risks when joining cryptocurrency, many things are unthinkable.
i'm pretty sure that before you wanna invest you need to make a strategy of your investing and definitely you shouldn't go all-in
Never go all-in in any kind of investment. That means its not only in cryptos but to all things that you may want to pour your money in. Like you invest only in Gold, price of Gold is very unlikely to drop but to be sure buy something is that has value and may give you passive income. Like real estate that you can lease out on a daily, weekly, or monthly basis.
Without having a risk, you could not find any source of investment without risk, but day by day Bitcoin is becoming a very risky platform for both investment and trading, you have to face a lot of prices volatility because Bitcoin is suffering a lot of price ups and downs in recent time, but if anyone ponders about the future purpose then it might be a good source of profit because, in the future, Bitcoin will bring to us a good opportunity and it will be one of the main monetary platforms. so for the long term investment, Bitcoin is one of the best for anyone.
Bitcoin as a crypto currency have actually affected many life for good, the volatility of bitcoin tends to create a lot of fear in the mind of investors. The reason why many invest and the price of bitcoin keep fluctuating to the disadvantage of the investors, calls for a long Term investment with a capital that can serve for that purpose, not necessary your whole capital, for the short term investment have a double side to the coin. So investing in Bitcoin is a nice idea, but you have to invest wisely as well.This is because if you don't invest with what you have make up your mind to use, and tomorrow there is a boom in Bitcoin am sure you will not be happy with yourself. That is why many people's opinion is for you to invest wisely.
Without having a risk, you could not find any source of investment without risk, but day by day Bitcoin is becoming a very risky platform for both investment and trading, you have to face a lot of prices volatility because Bitcoin is suffering a lot of price ups and downs in recent time, but if anyone ponders about the future purpose then it might be a good source of profit because, in the future, Bitcoin will bring to us a good opportunity and it will be one of the main monetary platforms. so for the long term investment, Bitcoin is one of the best for anyone.
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