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Topic: Bitcoin investment - page 2. (Read 953 times)

legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
December 05, 2019, 09:53:48 AM
Immediate diversification is indispensable today, because Fiat money is going through mostly inflation processes, negative interests, some banks are considering launching their Blockchain-based currency, the case of the digital dollar, the stablecoin China, some indices that speak In case there is a worldwide crash, all this resonates lately in the news, therefore, the diversification based on Bitcoin, gold, gold stocks is the most advisable to protect the money saved or money that does not want to lose its value.

In the case of some countries that have very high inflation, at the moment that they guard their money in Bitcoin, not only their value is protected but it increases even when the price of Bitcoin falls, it remains or rises, many people look for strong currency such as Dollar or Euro, but they are traditional economies based on current debt as the main premise, and taking refuge under a deflationary economy is the smartest thing we can do.
hero member
Activity: 3010
Merit: 629
December 04, 2019, 09:08:21 PM
If you say crypto the most reliable coin (for me) to invest with is bitcoin. Thus when someone decided to invest I often suggest to put a huge portion to btc more than alts. But it doesnt mean its a guarantee to have a money return for few days, months or years because we know how risky investing in crypto is. Its not advisable as well to invest your hard earned money came from your salary etc. invest what you can afford to lose because we dont know how the market will perform in the next days.

It can turns up and down hence we need a lot of patience to survive in this high volatile market.
full member
Activity: 602
Merit: 100
December 04, 2019, 08:51:45 PM
I have seen people here as well as on internet who suggest people to go in Bitcoin whatever they earn from their income sources like Job, Home, Real Estate, Other assets etc.

This is not the wise choice. Whether you say good or bad to Warren Buffet but being one of the greatest investors he said " Dont put all your eggs in one basket."

Thing is we are still unsure about the future and adaptability of bitcoin or crypto currencies. 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.

So be sure where are you going in future and be realistic with your goals and just execute them. No one will have ever written on his grave that "He earned more than the market average."

Kindly dont give bad advice to people here and on internet. Just take it as an opportunity not as a thing to put all what you got.

Normally,  it is not ideal to put "all your eggs in one basket". Didi Taihuttu behaviour was necessary for professionals who have an indept knowledge of the prospect of Bitcoin. He took the highest risk and it paid off for good.
But I will advance anyone to disease from such act at this period of high volatility of Bitcoin. Learn to spread your investment . There are offline investment that are still profitable,  and Alts too. Bitcoin is not the only lucrative market.Endeavour to take risks that you can manage the impact incase it turn sour.
jr. member
Activity: 77
Merit: 1
December 04, 2019, 08:38:43 PM
We all know that BTCItcoin is really risky if you invest in Bitcoin or other altcoin be sure that money is not too important if you got profit you win if you lose you can hold it.
full member
Activity: 2128
Merit: 180
December 04, 2019, 07:56:09 PM
This is just an advice and someone should not force you to obey what he said or what’s the advice. If you want to go all in then so be it, or it you want to do day trading its also fine. At the end of the day, the important things here is that, you can do it on your own and you know where to go despite of uncertainty.
full member
Activity: 602
Merit: 102
December 04, 2019, 06:40:33 PM
Bitcoin investment differ from individual to individual. It is an investment that has given some people success stories, while others, unpleasant stories.
Like every other investments that involves risk, bitcoin investment also involves risk, which is why it is usually advised that you take a calculated risk on any investment and risk what you know would not affect you, when you incur losses.
hero member
Activity: 1273
Merit: 507
December 04, 2019, 11:53:26 AM
It still depends on the person asking for advice whether he or she will obey it, because we don't know what this person's experience is about why he or she said that.

We have different experiences to recommend to our friends but he still decides whether it is in his best interest or not. We will have different opinions and of course different advice as well.
sr. member
Activity: 1274
Merit: 278
December 04, 2019, 11:04:50 AM
Its a difficult advice to anyone in this forum and the forum almost have an anthem to invest only what you can afford to lose. Invariably a high number of members had invest their fortune in bitcoin at their own risk, and they have made a big return. Whereas some members loss, its just a difficult advice, take all decision with wisdom here at you own risk

And basically no matter how strong you are in saying you will believe in bitcoin, if you have funds invested and you experience the drastic fall of the market price, you might end up panic selling your investment. So, the risk here is how you could have a good disposition on your decision and to stay firm holding your bitcoin right in the place where it was invested. Do not be affected by FUDs because people are good at manipulating the market through manipulating the people.
sr. member
Activity: 1036
Merit: 281
December 04, 2019, 07:27:35 AM
Its a difficult advice to anyone in this forum and the forum almost have an anthem to invest only what you can afford to lose. Invariably a high number of members had invest their fortune in bitcoin at their own risk, and they have made a big return. Whereas some members loss, its just a difficult advice, take all decision with wisdom here at you own risk
It's okay to ask for advice on what you will do to people or friends that you really can trust. because although it is true what you say that the risk will later be determined by yourself. in bitcoin investment, of course you have to be accustomed to understanding that there will be risks, it may be profitable or you can lose money. this risk we must realize first, so you can be more observant in analyzing bitcoin so it does not have to sink.
Find a mentor where his/her lessons are suitable for your skills. Be aware that there ade fake gurus and teacher in the internet so be careful who would you trust. I have a good mentor where he taught me about risks management and also technical analysis. In bitcoin investment, you should not just put your money; you should have plan in order to have good results.
sr. member
Activity: 1204
Merit: 388
December 04, 2019, 06:30:44 AM
Its a difficult advice to anyone in this forum and the forum almost have an anthem to invest only what you can afford to lose. Invariably a high number of members had invest their fortune in bitcoin at their own risk, and they have made a big return. Whereas some members loss, its just a difficult advice, take all decision with wisdom here at you own risk
Invest the money that afford to lose is the best strategy that we can use but if we will invest our money we should not put in in one investment. We should spread it to 3 or 4 parts. My diversification of investment is into 3 parts where I allocate my capital to 3 different parts which is 33% in every investment. 

Or better still, invest from your profit/miscellaneous and not what you have in mind as capital/budget for something else. Some people think of using the money they have as budget for something to invest in crypto would yield them good return in short period which is wrong. There's always two sides.
sr. member
Activity: 952
Merit: 274
December 04, 2019, 03:22:44 AM
Its a difficult advice to anyone in this forum and the forum almost have an anthem to invest only what you can afford to lose. Invariably a high number of members had invest their fortune in bitcoin at their own risk, and they have made a big return. Whereas some members loss, its just a difficult advice, take all decision with wisdom here at you own risk
Invest the money that afford to lose is the best strategy that we can use but if we will invest our money we should not put in in one investment. We should spread it to 3 or 4 parts. My diversification of investment is into 3 parts where I allocate my capital to 3 different parts which is 33% in every investment. 
full member
Activity: 1708
Merit: 105
December 04, 2019, 01:53:24 AM
#99
Its a difficult advice to anyone in this forum and the forum almost have an anthem to invest only what you can afford to lose. Invariably a high number of members had invest their fortune in bitcoin at their own risk, and they have made a big return. Whereas some members loss, its just a difficult advice, take all decision with wisdom here at you own risk
It's okay to ask for advice on what you will do to people or friends that you really can trust. because although it is true what you say that the risk will later be determined by yourself. in bitcoin investment, of course you have to be accustomed to understanding that there will be risks, it may be profitable or you can lose money. this risk we must realize first, so you can be more observant in analyzing bitcoin so it does not have to sink.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
December 03, 2019, 12:56:29 PM
#98
Its a difficult advice to anyone in this forum and the forum almost have an anthem to invest only what you can afford to lose. Invariably a high number of members had invest their fortune in bitcoin at their own risk, and they have made a big return. Whereas some members loss, its just a difficult advice, take all decision with wisdom here at you own risk
sr. member
Activity: 1876
Merit: 318
December 03, 2019, 12:37:32 PM
#97
All investments have their own risks. And as we know, investing in bitcoin is very risky, if not careful all we have capital will be used up.
So from that invest money that we can afford to lose, so if you experience loss of our capital will not run out all. Bitcoin investment will
also not make guarantees will last long, because it seems we are in investing should not put all your eggs in one basket. That means we
will be safer in investing. Because if it fails in one business, we still have our other business.
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
December 03, 2019, 12:27:33 PM
#96
Yep, having a solid understanding of personal finance management is a must before investing in any instrument, let alone a very risky one like Bitcoin. You should only invest a fraction of your disposable income.

I am not sure about that. Bitcoin can be replaced by another coin, technology or value. Since 2017 BTC does not do much progress as far as I see.
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.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
December 03, 2019, 12:11:33 PM
#95
Quote
I have seen people here as well as on internet who suggest people to go in Bitcoin whatever they earn from their income sources like Job, Home
That's not recommended especially now that we experienced an all-time high followed by a big dip and those people who bought in the all-time high, sold their coins at a lost, people should think scenario that it could happen again.

Quote
So be sure where are you going in future and be realistic with your goals and just execute them. No one will have ever written on his grave that "He earned more than the market average.
Best to proceed is to read a lot and listen to all sides not only the shillers and the FUDSTERs, there are some truth on what they say and some are not.

Market is really unstable and volatile, all professional bitcoin traders know that. No one is safe in trading so you should improve your analyzation and practice fundamentals in trading. Beginners are the one whose always a victim of fluctuation in the market graph.

Market is very flexible that no professional bitcoin analyst can predict the changes. You should start from improving your critical thinking skills and good decision making. These will help you to achieve successful transaction and earn your profit. Aim on your goals, don't let your emotions ruin your mental health because of wrong decisions.
sr. member
Activity: 1020
Merit: 253
JangaCams.com
December 03, 2019, 11:36:13 AM
#94
We can read different advices and opinions here from different people but the decision still depends on you. They might say that you should invest your money on this coin or on this business but things will depend on how you handle your funds. You can do your own research and try things which will be more convenient for you. You only have to be wise in making decisions because not every advice that you hear is reliable.
the biggest decision is for him who is looking for references, so far many have given references about investments, especially bitcoin. if he wants to start the best thing does determine his own research, and existing references used as learning when conducting research the aim is to be more structured.
sr. member
Activity: 1596
Merit: 335
December 03, 2019, 11:19:51 AM
#93
We can read different advices and opinions here from different people but the decision still depends on you. They might say that you should invest your money on this coin or on this business but things will depend on how you handle your funds. You can do your own research and try things which will be more convenient for you. You only have to be wise in making decisions because not every advice that you hear is reliable.
hero member
Activity: 1708
Merit: 541
December 03, 2019, 10:17:16 AM
#92
Yep, having a solid understanding of personal finance management is a must before investing in any instrument, let alone a very risky one like Bitcoin. You should only invest a fraction of your disposable income.

I am not sure about that. Bitcoin can be replaced by another coin, technology or value. Since 2017 BTC does not do much progress as far as I see.
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.

sr. member
Activity: 924
Merit: 275
December 03, 2019, 10:11:09 AM
#91
Losses will always be a part of crypto trading and investing. We are always advised to study things about crypto's advantages and disadvantages for us to know how to deal with the risk of its volatility. As long as we know how to handle our funds if we're not just listening to FOMO's but we believe in our guts, we will still be able to gain the best profit that we want.
Exactly this is why most has been said to know how big is the risks when investing in bitcoin. As the value is volatile, and when we invest we may lose and earn that’s the reality in this industry. But before anything, we should always understand how market works and it is true that we should not put all our money in one basket.
That's why before we invest our money we should know the exact entry point where we can have profit and not losses. People think that they will earn money if they put money on the bitcoin but the thing is, they do not know when is the right time to invest their money and also to pull their money out.
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