investing in crypto is not the same as real estate which is always increasing every year, but with crypto even though the funds are small, you can invest and get the results in the crypto world.
bitcoin investments have risks so if you don't want to accept the risk please choose the investment you want.
nothing forces you to enter the market unless you realize an opportunity is here.
Topic: Bitcoin investment - page 4. (Read 997 times)
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.
that's why I always explain that everyone wants to invest in bitcoin think again, because all of this is risky, so look for an advisor who is experienced in bitcoin so when investing really right at the right time and not at the wrong timeThis 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.
sometimes people come when bitcoin prices skyrocket and they sell all their assets to buy it is clearly wrong, because they invest at the wrong time, so make sure to always remind investment in bitcoin has risks so understand and learn to find the right time to buy , that is easy
It is stupidity to see such advice and also follow the advice when they are not kids because I believe that anyone that have started earning from a job is no longer a kid. When we talk about diversifying, diversifying does not mean that we should only make cryptocurrency the main focus of investment alone and it will not be wise to be taking all the savings that we are getting from our physical jobs or assets into bitcoin alone.
There is still many more investment other than bitcoin that we can put our money into. Bitcoin is a very good investment, but we also need to understand how volatile it is and we should be careful the way we pump our money into it. As regards investment for bitcoin, it is bets that we just only separate a little portion of our income every month to be saving into the bitcoin wallet and not everything that we get.
There is still many more investment other than bitcoin that we can put our money into. Bitcoin is a very good investment, but we also need to understand how volatile it is and we should be careful the way we pump our money into it. As regards investment for bitcoin, it is bets that we just only separate a little portion of our income every month to be saving into the bitcoin wallet and not everything that we get.
Money investment can be found in various forms, One of them is cryptocurrency. And it must be understood before investing in cryptocurrencies, that investment in cryptocurrencies is full of risk, If you expect instant wealth it's impossible, I agree if the investment must be in several places or types to avoid big losses. So before investing must prioritize knowledge so that investments are given right on target.
the main thing is enough knowledge to get started, if you don't have the knowledge every investment can be dangerous. and crypto has a high level of investment risk, so it's good to know the concept of investing in crypto before you start. because what's at stake is the funds you haveAs long as we can deal with the risk, we don't have a problem to invest in crypto. But yes, before we invest in crypto, we need to learn the basics of investing in crypto, so we don't panic if the price is down because, in crypto, the price is volatile. If you decide to invest in bitcoin, you should know that bitcoin will make a big profit in the future so if the price is down, you can buy more bitcoin and don't panic because the bitcoin price will be increased soon. Maybe you need to wait for a long time to make a profit, but that is worth your time to wait.
Putting all your money into bitcoin I don't think is a bad idea, because it's about self-confidence and those who suggest it because they are sure about the future of bitcoin itself is able to adapt better. So when you are not sure about the future of crypto, don't try to bet to invest in bitcoin because anyway, crypto and blockchain technology have been widely accepted in the world which means crypto is able to adapt better and will continue to grow because the legality of crypto itself has increased more large.
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."
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."
Before you will be able to understand this statement " Dont put all your eggs in one basket." , you should first understand the principles of investing. Every great and successful investors first understood the principles governing investment before they started investing. Knowledge and understanding are the core principles of every investment. Without knowledge, you can not understand how the thing you are investing in works and the risks associated with it. This apply to bitcoin investment. Without knowledge on the bitcoin market, you might lose your investment capital even if you split the capital into parts. Knowledge about the bitcoin market will help you as an investor to understand some basic aspect of bitcoin investment which will help you to avoid some unnecessary mistakes.
experience will determine your decision to add a number of bitcoin assets. I mean if bitcoin is already in mega bullish condition, then you can determine concrete steps, the most important thing is to understand the trend. the best at this time is the addition of small assets until everything seems clear, and be sure to tighten a lot of things related to securing assets, all can still be taken into account when you know it.
10% is more than enough as investment saving from your monthly salary. It doesn't matter as long as you have put something for the future after all this is crypto. What Didi did is risk but he was lucky to have joined the community early and I don't think he put all his eggs in one basket. He must have invested some other coins not just BTC.
Experts suggest that people should not invest more than 10 % of their saving on Crypto.
not true at all . i dont believe on them but i believe more on the saying that invest only what you can afford to loose .
every people have thier own capacity when it comes to investing and that would depend on how rich or poor they are . if your rich , you can afford 10 percent or more but if your poor you can only afford lower than that . btc investment is risky but btc is a better choice than other cryptos .
Experts suggest that people should not invest more than 10 % of their saving on Crypto.
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."
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."
Before you will be able to understand this statement " Dont put all your eggs in one basket." , you should first understand the principles of investing. Every great and successful investors first understood the principles governing investment before they started investing. Knowledge and understanding are the core principles of every investment. Without knowledge, you can not understand how the thing you are investing in works and the risks associated with it. This apply to bitcoin investment. Without knowledge on the bitcoin market, you might lose your investment capital even if you split the capital into parts. Knowledge about the bitcoin market will help you as an investor to understand some basic aspect of bitcoin investment which will help you to avoid some unnecessary mistakes.
Money investment can be found in various forms, One of them is cryptocurrency. And it must be understood before investing in cryptocurrencies, that investment in cryptocurrencies is full of risk, If you expect instant wealth it's impossible, I agree if the investment must be in several places or types to avoid big losses. So before investing must prioritize knowledge so that investments are given right on target.
the main thing is enough knowledge to get started, if you don't have the knowledge every investment can be dangerous. and crypto has a high level of investment risk, so it's good to know the concept of investing in crypto before you start. because what's at stake is the funds you have
become a common problem when someone invests but does not understand standard of material to start a lesson worse without any lessons! so will not get the goal ,Investment risk is very common and becomes transparent that cannot be covered and there is only loss hey yeah that is risk but all of it can be managed in such a way with a basket filled various kinds of products ,so that it can be developed into profitable
this game with strategies and various tricks but if you are sure of bitcoin why sell when you already know this moment loss ,well dude it's better long term invest and continue to be adopted for your investment ecosystem
this game with strategies and various tricks but if you are sure of bitcoin why sell when you already know this moment loss ,well dude it's better long term invest and continue to be adopted for your investment ecosystem
At the moment I would compare bitcoin with an athlete which does not train in full power by not using his full potential of muscle power, lungs and so on. To my mind, nowadays bitcoin is in the stagnation. Why do I think so? The other day I ocassionally noticed an economic book layin on my sideboard I was interested and took it to read and I was so surprised. having read about stagnation because it reflected perfectly onto the situation with bitcoin. For sure some of you know economics but those who do not. I would recommed to read any economic book to figure out the situation with bitcoin better. Anyway I would recommend to invest into bitcoin but it need to be careful by paying attention on risks.
I believe it is possible to profit by investing in Bitcoin. But it would not be right to take it as a profession or as a means of investment. Bitcoin should be invested in a capital which is lazy. Because investing in Bitcoin is possible through Bitcoin. The potential for loss is even greater.
It is a general rule of thumb that you must not put all you've got in one specific investment. Distribution of funds is one key rule in investing your assets. Investing in cryptocurrency is risky in itself already, and going all-in is much more risky.
One strategy I use is, only invest part of your money that you're ready to lose. This strategy reduces emotional stress, and setting your mindset that what you're investing is something only extra to you.
One strategy I use is, only invest part of your money that you're ready to lose. This strategy reduces emotional stress, and setting your mindset that what you're investing is something only extra to you.
What if someone enters in crypto with all what he got and loses due to some volatility?
Then that will be his mistake to use all of the money he gets from his work in crypto because we are not yet use crypto in our daily life. So we need to divide which money will be used for the investment, and which money will be used for our daily life. You will not make a profit if you decide to use all the money to invest and that will not be recommended for every people to do.
Besides that, before you invest your money in any investment type, you should learn the basics thing that you need to know so you can think about how much money you will use. If someone uses all of his money to invest in bitcoin and he can accept the risk that he might loses, then he can continue to invest, but he doesn't need to blame anyone if finally, he gets losses.
Indeed, risk diversification, that is, the allocation of funds to different assets, is the most important rule of successful investment. Who neglects it can at one point lose all the money or almost all, if the asset in which he invested will start any problems. Risk diversification should always be observed.
I really agree what you say, even I always remember saying "Do not put your eggs in one basket ". So I am in a crypto investment I always buy some altcoins besides bitcoins like ETH, LTC, Dash, XLM and XRP. Because the movement of price increases is not always the same.
That saying is not always applicable on every investment. Some investors do have only 1 crypto on his wallet and still manage to make enough profit. Diversifying investments is the other way to make your money less risky with the volatility of cryptocurrency. However there are still individuals who lost their money even from diversifying investments.
Investors loves to explore and most of them are using different strategy to maximize profits around this field of investment,
you need to continue working with your knowledge and keep enhancing your skills.
Before investing in bitcoin or other cryptocurrencies, determine your true purpose. Then learn about that market, consider fluctuations in price, potential and risk.
When it comes to this, understanding is indispensable, but sometimes luck will help you succeed.
All cryptocurrencies have different volatility, each with a different value, which everyone knows. But who can wisely invest in places with high potential and low risk. Don't give up too soon, try to find out, and invest. You will succeed!
When it comes to this, understanding is indispensable, but sometimes luck will help you succeed.
All cryptocurrencies have different volatility, each with a different value, which everyone knows. But who can wisely invest in places with high potential and low risk. Don't give up too soon, try to find out, and invest. You will succeed!
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