Topic: Bitcoin: risk nothing, you're risking more (Read 895 times)

and I do hope also for the OP not to commit those mistakes in the past or even move on from them because if he keeps thinking about them, the momentum to find or invest in something will be gone. Try to migrate your energy to others, like planning your investment in bitcoin, so that you can have something in the future and not cry the same way right now as you regret missing those opportunities. Again, this is just a missed opportunity, and there are more coming. Be ready to catch them.

besides you, at first i also rejected bitcoin because at that time i thought it was just a gambling coin but over time, i was curious and found out in more detail what bitcoin was then i realized that my thoughts about bitcoin were wrong, after i found out about bitcoin with detail, i also fully support bitcoin to be adopted and continue to exist.

bitcoin is risky when you expect to get rich in a short time from bitcoin but if you don't expect bitcoin to go up and you don't sell at a loss then you won't find any risk in investing in bitcoin.

Adding to all you've said, since you're here to learn i would advice that you spend more time to read than wanting to write as there more time to make contributions later when you're knowledgeable enough and also know that, there is nothing actually new in the forum and you shouldn't  be regretting  but rather try building  on your mistakes and try to learn from them.

Bitcoin  and cryptocurrency in general is already risky due to its high volatility but It's  volatility  of one reason why people see it more as an asset than a digital currency and as such it takes patience to make profit while hodling.
Welcome.

Saying sorry for you never take the opportunity to invest in the first place is something that a lot of us here had experienced. We all have our own hesitations and doubts knowing bitcoin at first, however if we chose to acquire knowledge and take risk in investing, then we will know that bitcoin is a perfect choice since it gives unlimited opportunities for people who are brave enough to take some risk. So welcome to the Bitcoin community OP and hopefully this time you’ll get what you deserve.

Mistakes are common, and we ought to correct them in time. Life is all about taking risks, surviving is winning and overcoming every challenges in life. The space is all about investing in the solid project, it's beneficial to note good projects, we are only left with decisions that would either results in profits or losses. Bitcoin is a prominent project, it have served good terms in the market, I'm already acquainted with it and I apply different strategies towards the market, I'm not giving up and consistent in the activities that relates to cryptocurrency.

If you want to be successful in your life, you must take risks. You definitely need patience and skill if you want to earn profit by investing in Bitcoin. And if you don't have any experience with Bitcoin then surely you can get good success with advice from here. But you mentioned here that you have been involved with Bitcoin for a long time but you didn't make good decisions then. Maybe you wouldn't have blamed yourself if you had already formed a good relationship with Bitcoin according to your friend's advice. However it is good for you that you have realized your mistakes and are eager to invest in Bitcoin for success. But now you have a golden opportunity to invest in bitcoins if you want to analyze well and gain knowledge from good platforms.

I'm sure it resonated with many. It is really a matter of building faith. I won't say Bitcoin is like a religion....if it was maybe it would be easier to believe in it. Though putting complete faith in BTC is hard, it's not natural to think that the money in your world is so inferior and BTC is the savior. Once you realize that though, the faith is unbroken (but definitely challenged, MTGOX....FTX....LUNA....)


Eventually there will be a point where it is too late to make a life changing difference to your wealth. I would say that if we are lucky, this halving will have the potential to change lives. If we are lucky again, the next one after that can make a difference. When taking into account the gains made purely by hedging against inflation, I think 2020-22 bull run will be hard to beat. Hopefully I'm just being pessimistic

Well, regret is always at the end, we never see the value of the opportunity until it passed.  Lucky, the opportunity to earn in Bitcoin is still everywhere.  Since the Blockchain industry is still young, we still have lots of opportunities to take advantage of.

Since we have seen the capability of Bitcoin to surge in price and record new all-time highs every cycle,  I believe at the current situation, it is still not late to accumulate to take profit on the bull run and possible new ATH recording event that may possibly happen on the year 2025.

It’s good to finally see you appreciating bitcoin after regretting and now I welcome you in the forum. Know that you were never late entering bitcoin and this platform, but you’re just on time as opportunities are unlimited here. Just do your own diligence to study and learn everything that will be significant for your future success. And when you’re ready to take the risk, invest with no fear. Bitcoin will never disappoint you, as long as you will never end up quitting especially when losses start to attack you.

Op have realised it, but he missed better opportunity. Then also we'll get similar opportunities and we should be good enough to understand the reality and invest into it. The big mistake is the fear on scams and the down market he came across. He should have entered our forum and requested the suggestions and he could've got the right suggestions to stay away from scams and how to keep his holdings secure. Anyhow past is past, let him start new and enjoy the goodness then onwards.

All levels of emotion in investing can actually be recognized, but back to the user himself.
As you said that emotional control will work well for those who already understand how they manage the investment as in Bitcoin investment.

There will be no panic that will destroy all investment strategies that have been made.
When the price of Bitcoin continues to fall it will not make people who understand panic.
In fact, it will be a repurchase to increase the number of assets that will be held in the long term.

Long-term is the best way not to be too affected by unstable emotional levels.
People will be calmer on long-term investments because their targets are still long enough to achieve, so there is no too high emotional turmoil.

It has become a common sight.
Just look at how when Bitcoin reaches ATH, many new users will start entering.
But when bitcoin is still at a price that is quite affordable or can be said to be down to -70% they don't try to enter for the reason that it won't rise and continue to fall.

Those who enter at high prices are affected by FOMO and it will really hurt them if they are unable to hold it.

Many people have ignored Bitcoin when the price was still low, but when seeing the development of Bitcoin until now regret occurs again because they are not one of the investors who have been successful in the crypto world, so now use this opportunity as best as possible so that later when Bitcoin again reaches the highest number you can already get a satisfactory profit, Never hesitate with Bitcoin even though the risk is big but rest assured the development of Bitcoin will definitely continue to happen.

You are right; a salary is just the first step to another level of wealth if utilised effectively, efficiently, widely, and judiciously. Someone needs to be doing something that fetches money for them before they can invest in Bitcoin, real estate, bonds, or any other asset or commodity. It could be that the person is either working and getting paid monthly, weekly, or daily. then they can save up to invest in Bitcoin and any other thing that can fetch more income into their pockets or wallets and give them a better opportunity to become rich. There's still enough time and opportunity to invest in Bitcoin. I'm not only saying this based on the Bitcoin halving that is fast approaching, but I'm also referring to the years that are to come and how much the price might have gone before then. Obviously, one can invest now and hold for more than 10 years.

It is a huge pleasure...

We love this forum and the information that are shared here... it is a treasure trove of information, if you can filter the crap from the gems. This forum was also the last tick in the boxes, when I evaluated this technology. I also thought it was a scam and then I found this platform... and it changed my life.

I thought it was a fad that will blow over in a few months, but then I saw the activity and the buzz on this forum and I just knew it is going to be successful. Thanks to everyone that constructively post information on here..... you are legends!
 

We usually turn down and go along with the crowd. Because we know that Bitcoin is not well-established and our knowledge isn't clear, therefore, many investors got fooled by using the name Bitcoin which promises huge ROI. Missing those days wasn't regrettable for me either because it was advisable to just invest in something that we really know and during that time, we can't deny that the majority of us don't have any idea how this works. We had only learned more because of our experiences and mistakes.

Well, I have to tell you that there's still time to start.

Funny, your statements remind me of my uncertain, opportunity-missing beginnings. The proverb? But you know? Our hardship and mistakes shape us. They prepare us.

Bitcoin was first. It started the revolution, created decentralized financial systems, and has huge potential. Although returns are lower, who said success had to be measured in dollars and cents? Revolutionary participation is important sometimes.

Note this. Cryptography is unlike swimming. Like diving into the ocean. Discover a lot, but be prepared. Before acting, study, absorb, and comprehend. Teamwork, buddy

Welcome to the forum, I am glad you like it here. If you would have signed up on the forum 5 years ago then your journey might have looked different. It's good that you realise your past mistakes and don't want to continue them. Listening to our friends for investment advice can be a good or bad thing, depending on their knowledge of the subject. In your case where your friends got scammed out of money, I would say that they probably where beginners themselves and you should have made up your own mind about cryptos. Don't feel bad now about the missed opportunities in the bitcoin market, there will always be new chances to make money. Once we start looking at the past and thinking about what we could have invested at a better time, there is no limit to it. With hindsight everybody could have picked the best possible time to buy and sell their coins, which isn't realistic. Instead of looking at the past, look to the future and learn from your mistakes. Good luck on your crypto journey.

Bro if you're friends introduced you to Bitcoin as an opportunity to change your life, of course it's not up to them. I still don't get it why people would love to get spoon fed by information and decisions by their friends. You could ask questions but in the end of the day, it's still up to you if you're gonna study something for your own sake. We're in the era of the internet almost all of the information can be search up, just do your own research and if you think you're still not ready then keep studying. If you don't still have the money to invest then save up or have a part time job, there's always a way if you really want to do some changes in your life.


It's literally hard to take a leap on something you don't understand, and you're just thinking because someone said to you that there's an opportunity in there such as Bitcoin. It's fine to not invest earlier because there's no late comes when it comes to Bitcoin, since it's volatile which you could enter when the market is down. OF course since it's volatility nature there's involved risk, if you know there's a risk there's an upside and downside, if you wouldn't take that risk there's nothing gonna happen. That's literally a win-win situation if you profit then that's good and if you lose then still you would gain experience that will help you in the future.

It's hard for people to take a leap, just like your hesitation to in 2018. At least you know have this experience to prevent you holding back on opportunities in the future. Thankfully, opportunity exists in Bitcoin and will continue to exist for another halving or two. the return might not be as good as the past, but it's good nonetheless. Hopefully you can take advantage of that.

As for risk. No risk, no loss, no gain. To get ahead of the normal life path, risk is necessary. It might pay off, it might not. As long as you weigh up your odds accurately and proceed with vigilance and confidence, eventually it will go the right way.