Topic: Bitcoin is to grow your money (Read 417 times)
There are always risks in this type of investment, including investing in bitcoin, moreover, I quickly panic and sell it at a cheap price, but for those of you who have great patience and don't panic quickly when the bitcoin price drops, then you have the right assets for the future.
Especially when newbies join crypto they don't know much about Bitcoin. And they dream of getting rich by investing Bitcoin but they invest without knowing about the market. They should know when the Bitcoin market moves at what speed. It has been observed that new investors invest when the price of Bitcoin is at its highest and later suffer losses when the market crashes. So to earn money by investing in the crypto market, he must have a good analysis of the market. And later, if you invest in Bitcoin wisely, you will surely get profit.
You may think that Bitcoin is to grow your money but there are some situations where Bitcoin is to make your money smaller. As you may hage know that cryptocurrency price are not stable unless it is a stable coin that is pegged with USD like USDT. Well, investing in Bitcoin is all about making your money grow in whatever ways that you will use to make it grow. There are some benefits that we can enjoy unlike using banks for fiat currency.
Not particularly, whole idea about this is that it ain't a "get -rich-quick" syndrome, No!!! If you hope to have 'em coins appreciation several times in a year just to make alot of interest, then you'll automatically suffer the pain of your cash deteriorating massively.But in as much as you have the idea about how the whole system is made to function, you won't get perturbed when 'em cash Capital crashes badly. This is most importantly the reasons why we should learn deeply about BTC first, before investing. I guess it's apparent why this great site was created, yeah.
Sandra 🧑🦰
People invest in Bitcoin have their respective goals, especially in increasing their financial in the hope of buying the desired items as mentioned by you cars or houses become many dreams of everyone because after all investing wants a greater return with a certain period.
Indeed, beginners must be at the beginning by learning how to invest in Bitcoin if the main reason they want to be rich quickly then it is wrong because it must need a process to understand how to make money in investment without any doubt.
In Bitcoin one should not be rushed or other reasons, for example, want to profit faster because it is not possible with the results obtained but will suffer losses, I am more agreeing to Bitcoin given a period of 5 years then it will be better.
As beginners for them to learn is an important thing in every experience, it will make his own principles.
People have become more eager to invest because once it will prosper, it will lead to the realization of their future dreams and turn them into reality. And I don’t see negativity on it. The only wrong about investing in bitcoin is when you see it as a get-rich-quick scheme because you will never see it as a long term investment but certainly a short term so you can eventually get your expected profits. While this can happen for veteran investors, but for newbies it’s hard to see profits with bitcoin if you only invest on it as a short term investment. Indeed, beginners must be at the beginning by learning how to invest in Bitcoin if the main reason they want to be rich quickly then it is wrong because it must need a process to understand how to make money in investment without any doubt.
In Bitcoin one should not be rushed or other reasons, for example, want to profit faster because it is not possible with the results obtained but will suffer losses, I am more agreeing to Bitcoin given a period of 5 years then it will be better.
As beginners for them to learn is an important thing in every experience, it will make his own principles.
everyone has a different opinion on this matter, but what is certain is that everyone is also looking to profit from investing in bitcoin,
and I'm sure a beginner or even a senior, definitely looking for profits.
And that should be the final stage of every investment made, every user certainly expects profit behind everything that has been tried, here it happens and applies to everything, both you, other users and every investor. this has become the ultimate goal of everything where of course they will pay attention to profits in the end.and I'm sure a beginner or even a senior, definitely looking for profits.
but lots of beginners who experienced investment losses in bitcoin because
lack of knowledge,,,
lack of knowledge,,,
In general, this will continue to happen, those who are less observant to understand all of the main aspects needed to invest, the lack of knowledge about investing in particular will make them really lose what they have spent and from every hope they want, but this also happens when ambitions cannot be controlled properly, I think they really should be able to master in advance either in terms of knowledge or other important aspects of real investment.
To be honest we all invest in Bitcoin to make profits. When invest comes means you intend to make more money and we can't ignore that. But we shouldn't forget about the reason for Bitcoin's creation. So we will not regret it at the end of the day. That's why we need to learn very well before taking a crypto investment due to high volatility. Also, we need to think secure funds from scammers & hackers. Everything related to crypto should be learned.
You are actually saying what I have in mind too,in as much as a member can have money through Bitcoin, I don't really see Bitcoin as a tool for financial breakthrough, any beginner that have the motive of investing on Bitcoin to eradicate poverty is really getting it all wrong.
Sometimes they don't know about it from the procedures for using Bitcoin, maybe they hear about it from some successful Bitcoin users from the point of view of real things they see and it doesn't mean Bitcoin isn't real, I think from here they are inspired to get involved in cryptocurrency without paying attention to some The most important aspects for them to learn first before taking further action.In as much making me is also involved in Bitcoin, I will always advise beginners to first learn how to trade in Bitcoin, learn and understand about Bitcoin and also,Don't ever invest in Bitcoin a money you can't afford to loss...that's my say though
And actually they need all of this, knowledge about Bitcoin, how to use it well, learn the trade, or from a good Investment point of view in Bitcoin. This is an important aspect for me for beginners who really should gain knowledge and in terms of other important aspects, as we said, investment should be prepared for what it is used for and of course be willing to lose and this is the risk of everything.
The reason you should be optimistic in this situation is because people have been investing and profiting from it; history lane is a reference to ascertain this; those who invested earlier and hodled have made a lot of money. Additionally, if you can learn traditional finance, it would be beneficial for you to invest in bitcoin. However, before this becomes a reality, you have to put some things in place, your learning grounds, and a determined mind of being concentrated.
Bitcoin was created for some other reasons, but lately people have been investing in it solely for the purpose of making money.
Unlike classic investment where until recently you needed a broker to be able to invest, investing in crypto is very simple, and bitcoin has grown a lot in value in the last 10 years and this has attracted a lot of young and inexperienced people who have started investing their personal money with the hope of a large profit in a short time.
However, in the real world, things do not work in such a simple way, that someone invests money and just waits to get rich doing nothing.
As everywhere else, it is important to study and analyze the market in detail, and to make important investment decisions based on concrete facts and analysis and not on the basis of something you heard from a friend or read on the Internet.
Also, it is important to have a concrete investment plan and a clear exit strategy, and to be patient and be ready to wait.
Also, it is a great truth that you need money to make money, but you also need to know how to dispose of money and you need to understand that money is only a means to achieve certain life goals and not the ultimate goal.
Unlike classic investment where until recently you needed a broker to be able to invest, investing in crypto is very simple, and bitcoin has grown a lot in value in the last 10 years and this has attracted a lot of young and inexperienced people who have started investing their personal money with the hope of a large profit in a short time.
However, in the real world, things do not work in such a simple way, that someone invests money and just waits to get rich doing nothing.
As everywhere else, it is important to study and analyze the market in detail, and to make important investment decisions based on concrete facts and analysis and not on the basis of something you heard from a friend or read on the Internet.
Also, it is important to have a concrete investment plan and a clear exit strategy, and to be patient and be ready to wait.
Also, it is a great truth that you need money to make money, but you also need to know how to dispose of money and you need to understand that money is only a means to achieve certain life goals and not the ultimate goal.
I think bitcoin is not overrated for them, those who think can buy houses, and cars and live a lavish life by investing in anything worth 100$ is purely greed. It is not only for crypto they would think like that with anything else, it is problem for them not to do anything with bitcoin.
Not trying to blame anyone here, but I think this kind of mentality comes from greed.
Investing in Bitcoin is all about growing your money instead of putting your money in one bank, and by the end of the month or year nothing to show for it, no increment or interest. Where many people are getting it all wrong, is because they think once they invest in Bitcoin, they will become rich overnight, sometimes is good to get greedy but keep it under control, that is one of the fun of investing your money into something, you have to dream big sometimes, but the truth of the matter is don't get too greedy. Not trying to blame anyone here, but I think this kind of mentality comes from greed.
There is the truth that very few people dare to admit that we are here mostly because we want to make a profit and increase our money. It can be said that when investing in bitcoin, the first thing we care about is the profit, then the other benefits of it.
And you're right, we all have greed, otherwise, we wouldn't invest, but the only thing wrong with newbies is excessive greed. Many people think that getting rich with bitcoin is easy without doing anything and without learning anything.
To me any time I hear the word bitcoin what comes to my mind is to invest to add more value to the money once you are investing at list one should expect to live a good and comfortable lifestyle there should be a different from you investing bitcoin from someone selling some food items,I believe in any thing you are doing that don’t add monetary value you can’t measure your success or progress so for think any beginner should first focus on the goals then others will come to it and learning how it works and having perfect understanding on bitcoin will give you as a beginner more advantage on soft landings .
You may think that Bitcoin is to grow your money but there are some situations where Bitcoin is to make your money smaller. As you may hage know that cryptocurrency price are not stable unless it is a stable coin that is pegged with USD like USDT. Well, investing in Bitcoin is all about making your money grow in whatever ways that you will use to make it grow. There are some benefits that we can enjoy unlike using banks for fiat currency.
Most beginners are always having poor orientation about what bitcoin is all about before joining it, most of them believe bitcoin is a get rich quick scheme which is wrong, they believe bitcoin is a ponzi scheme where they will ask you to deposit certain amount of money and they will double it for them. You can definitely make money from bitcoin if you can buy and hold, you can buy cars and buy house if you want to, but it's a gradual process and you just have to be prepared to HOLD.
I think bitcoin is not overrated for them, those who think can buy houses, and cars and live a lavish life by investing in anything worth 100$ is purely greed. It is not only for crypto they would think like that with anything else, it is problem for them not to do anything with bitcoin.
Not trying to blame anyone here, but I think this kind of mentality comes from greed.
Investing in Bitcoin is all about growing your money instead of putting your money in one bank, and by the end of the month or year nothing to show for it, no increment or interest. Where many people are getting it all wrong, is because they think once they invest in Bitcoin, they will become rich overnight, sometimes is good to get greedy but keep it under control, that is one of the fun of investing your money into something, you have to dream big sometimes, but the truth of the matter is don't get too greedy. Not trying to blame anyone here, but I think this kind of mentality comes from greed.
Bitcoin is actually overrated by most beginners, and that's understandable because they are still in the process of gaining knowledge and skills in crypto. But if they still continue their wrong mindset about bitcoin even if they are here for quite of time, then i think that's already unreasonable. That will eventually pull their investment that they won't no longer succeed because they are not doing the right thing about bitcoin.
I think bitcoin is not overrated for them, those who think can buy houses, and cars and live a lavish life by investing in anything worth 100$ is purely greed. It is not only for crypto they would think like that with anything else, it is problem for them not to do anything with bitcoin. Not trying to blame anyone here, but I think this kind of mentality comes from greed.
Beginners should learn to know bitcoin is not a reason or a way to become rich .
The reason in investing bitcoin should be just to level up financially, grow your money and get a better return of it. Beginners should not mistake bitcoin as to grow money and for making money(becoming rich). The principle of bitcoin is real , if you understand the principles it always turns out being profitable.
The reason in investing bitcoin should be just to level up financially, grow your money and get a better return of it. Beginners should not mistake bitcoin as to grow money and for making money(becoming rich). The principle of bitcoin is real , if you understand the principles it always turns out being profitable.
For many, Bitcoin is the only way to avoid becoming poor from endless inflation.
It's not a get rich quick scheme. It's a tool to preserve the value of your labor over a longer period of time.
My follow beginner, hope your reason in investing in Bitcoin is not thinking to live large , buy good cars and to acquire mansions. If you ask most beginners what is their reason they choose to invest bitcoin all what you will understand from their reason is just want to make in different versions. Beginners should learn to know bitcoin is not a reason or a way to become rich .
The reason in investing bitcoin should be just to level up financially, grow your money and get a better return of it. Beginners should not mistake bitcoin as to grow money and for making money(becoming rich). The principle of bitcoin is real , if you understand the principles it always turns out being profitable.
Bitcoin is actually overrated by most beginners, and that's understandable because they are still in the process of gaining knowledge and skills in crypto. But if they still continue their wrong mindset about bitcoin even if they are here for quite of time, then i think that's already unreasonable. That will eventually pull their investment that they won't no longer succeed because they are not doing the right thing about bitcoin. The reason in investing bitcoin should be just to level up financially, grow your money and get a better return of it. Beginners should not mistake bitcoin as to grow money and for making money(becoming rich). The principle of bitcoin is real , if you understand the principles it always turns out being profitable.
The reason in investing bitcoin should be just to level up financially, grow your money and get a better return of it. Beginners should not mistake bitcoin as to grow money and for making money(becoming rich).
This statement makes me confused. 
You said investing in Bitcoin to improve the financial level and grow the money, but then you claimed that beginners shouldn't think to grow money from Bitcoin. Do you think beginners spend money on Bitcoin for earning small money only? Dude, everyone must expect to earn big money from Bitcoin investments. And if you earn big money and level up your financial status, it means become a rich person, right? IMO, beginners are free to expect to be rich from Bitcoin investment. But they can't think it is easy, they must know it requires hard effort, knowledge, and experience.
My follow beginner, hope your reason in investing in Bitcoin is not thinking to live large , buy good cars and to acquire mansions. If you ask most beginners what is their reason they choose to invest bitcoin all what you will understand from their reason is just want to make in different versions. Beginners should learn to know bitcoin is not a reason or a way to become rich .
The reason in investing bitcoin should be just to level up financially, grow your money and get a better return of it. Beginners should not mistake bitcoin as to grow money and for making money(becoming rich). The principle of bitcoin is real , if you understand the principles it always turns out being profitable.
Well, we cannot blame some beginners if they set their goals following on that concept since its all advertised in social media that bitcoin holders and traders have been making their fortune, and as they are still beginners with less knowledge and experience, then they will easily believe whatever those crypto influencers have to say. But i believe, the moment that they start enduring losses, then they will know the true meaning of bitcoin and how it should work. The reason in investing bitcoin should be just to level up financially, grow your money and get a better return of it. Beginners should not mistake bitcoin as to grow money and for making money(becoming rich). The principle of bitcoin is real , if you understand the principles it always turns out being profitable.
My follow beginner, hope your reason in investing in Bitcoin is not thinking to live large , buy good cars and to acquire mansions. If you ask most beginners what is their reason they choose to invest bitcoin all what you will understand from their reason is just want to make in different versions. Beginners should learn to know bitcoin is not a reason or a way to become rich .
The reason in investing bitcoin should be just to level up financially, grow your money and get a better return of it. Beginners should not mistake bitcoin as to grow money and for making money(becoming rich). The principle of bitcoin is real , if you understand the principles it always turns out being profitable.
Bitcoin is certainly not a get-rich-quick scheme. Its more of a long-term investment that when you succeed from it, that means you can gain good returns and grow your capital, as well as grow your possible profits. But for most of the beginners, their mindset is mostly set in greed that's why they invest bitcoin because of their high desire to get rich instantly. The reason why they lost their focus in bitcoin investing because they are more motivated on the fulfillment of their greed. The reason in investing bitcoin should be just to level up financially, grow your money and get a better return of it. Beginners should not mistake bitcoin as to grow money and for making money(becoming rich). The principle of bitcoin is real , if you understand the principles it always turns out being profitable.
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