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Topic: Bitcoin: The smartest investment choice. - page 2. (Read 704 times)

hero member
Activity: 910
Merit: 789
November 02, 2023, 08:06:46 AM
#92
Yes. this is a very big step into what I see as a growing market. I think currently there are thousands of viewers investing in a smart way in BTC although many still assume that the price of Bitcoin will fall again but not as deep as some time ago. One thing I want to say is that we will never be able to make a profit if we only look at price declines, but long-term investment strategies and short-term investments must be determined because otherwise it will more or less affect performance (investment psychology) too.
Those who just watch the prices without doing anything will never get anything except what they themselves have worked for in their lives. So you also don't need to think about people like that because when you make a profit through Bitcoin investment you don't need to give it to them, so you just have to focus on your own investment plan and also suggest good things to those who ask about the best investment when This. You can see how current market conditions continue to improve and this will continue to be utilized by many people who have no doubts about Bitcoin.
full member
Activity: 2366
Merit: 191
★Bitvest.io★ Play Plinko or Invest!
November 02, 2023, 06:27:27 AM
#91
Have not we are telling people this over the years? though it is not completely the same but the thought is almost and that is "invest what you can afford to lose"

from my own perspective , as how i see market from those years , the smaller we started is the bigger we may gain in each bullrun.
that's a strange statement. how can someone who invests a little end up making more money? If the world worked in this upside down way, why are there still poor people? You'd think that if your theory was right, poor folks would get rich by applying it.

Big investors still make big profits, but they also carry big risks. setting a maximum amount of money you can afford to lose is a sound concept. Beyond that, it's all about taking your own risks. No one's going to show mercy if you lose, and no one's going to promote you when you make a profit.
Lol thanks for the correction , my sentence is not complete there is a missing as " the smaller we started the lesser
we may lose but the bigger we may gain each Bullrun"  was sleepy last night  Wink .as this was what i applied many times before specially when
I still investing in Shitcoin that i only risk smaller amount so I will not cry if ever it ended Scamming.this perspective i learned and keeping in
mind when adding for my holding(because I already have my folio and just addint little by little each chances)
full member
Activity: 1428
Merit: 129
The first decentralized crypto betting platform
November 02, 2023, 12:22:09 AM
#90
Have not we are telling people this over the years? though it is not completely the same but the thought is almost and that is "invest what you can afford to lose"

from my own perspective , as how i see market from those years , the smaller we started is the bigger we may gain in each bullrun.
that's a strange statement. how can someone who invests a little end up making more money? If the world worked in this upside down way, why are there still poor people? You'd think that if your theory was right, poor folks would get rich by applying it.

Big investors still make big profits, but they also carry big risks. setting a maximum amount of money you can afford to lose is a sound concept. Beyond that, it's all about taking your own risks. No one's going to show mercy if you lose, and no one's going to promote you when you make a profit.

Expecting bitcoin to increase thousands or millions of times like before is impossible, everything has changed so we cannot expect that with just a small investment in bitcoin we can big profit from it. Bitcoin will help us earn significant profits from our investment, but it cannot help us become rich with just a small amount of capital.

This is the financial market and no one can help anyone because if we let them win, we will be the losers. The market is like a battlefield, we should keep this in mind before investing in bitcoin or any other financial market.
full member
Activity: 882
Merit: 215
#SWGT PRE-SALE IS LIVE
November 02, 2023, 12:15:05 AM
#89
Yes. this is a very big step into what I see as a growing market. I think currently there are thousands of viewers investing in a smart way in BTC although many still assume that the price of Bitcoin will fall again but not as deep as some time ago. One thing I want to say is that we will never be able to make a profit if we only look at price declines, but long-term investment strategies and short-term investments must be determined because otherwise it will more or less affect performance (investment psychology) too.
full member
Activity: 1974
Merit: 147
November 01, 2023, 11:21:01 PM
#88
I think, some people still need more impact about Bitcoin because they don't still believe that decentralized currency can do all those things that is attracting people to develop more interest on Bitcoin. I came to discovered that those that rejected Bitcoin in the past are the ones spreading the information about Bitcoin now, and what people will achieve from it, if they can show more interest to invest and hold for long periods of time before they can sell to be part of the benefitiary of Bitcoin. There are many evidence to show to those who don't want to believe that Bitcoin is real by referring them back to what happened in the pandemic that took over one year and some months to collapsed the global economy but Bitcoin investors didn't experience such shaking in their various countries.
hero member
Activity: 1358
Merit: 538
paper money is going away
November 01, 2023, 10:48:23 PM
#87
Have not we are telling people this over the years? though it is not completely the same but the thought is almost and that is "invest what you can afford to lose"

from my own perspective , as how i see market from those years , the smaller we started is the bigger we may gain in each bullrun.
that's a strange statement. how can someone who invests a little end up making more money? If the world worked in this upside down way, why are there still poor people? You'd think that if your theory was right, poor folks would get rich by applying it.

Big investors still make big profits, but they also carry big risks. setting a maximum amount of money you can afford to lose is a sound concept. Beyond that, it's all about taking your own risks. No one's going to show mercy if you lose, and no one's going to promote you when you make a profit.
full member
Activity: 2366
Merit: 191
★Bitvest.io★ Play Plinko or Invest!
November 01, 2023, 10:04:45 PM
#86


Own a Bitcoin today, and start from somewhere no matter how small.
Have not we are telling people this over the years? though it is not completely the same but the thought is almost and that is "invest what you can afford to lose"

from my own perspective , as how i see market from those years , the smaller we started is the bigger we may gain in each bullrun.

However, it is true that many countries do not want to accept Bitcoin because of the irreversible transfer. If I send money to your bank account, the bank will work as a media, there is a process to bring back that money, if I send money through Crypto, no one else can bring it back except you. Because crypto currency have no central authority. Many non-investors invest in Bitcoin due to the hype and then it becomes very difficult for them to understand what they are doing. I will tell them to invest in Bitcoin with very little information, it is nothing but stupidity in their case. Investing in Bitcoin is a smart investment choice but only when an investor invests in Bitcoin with proper understanding and knowledge.
That being said  , there is advantage and disadvantage in which important depending to your plans and usage.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
November 01, 2023, 07:58:12 PM
#85
It’s our choice if we believe to those kind of people. I mean its helpful that we learn different persperctives regarding Bitcoin but it comes from closed minded people who refused to believe on what BTC can offer, we are not obliged to listen to them.
Absolutely, let's break it down in a more casual way!
Bitcoin is open to everyone and no  VIP passes are needed. You, me, anyone with internet can join the Bitcoin party. No banks, no paperwork, just you and your digital wallet. Thats maybe why they call it “stupid” It has risk yes, but everything has.
You know, it’s actually a good thing if we are open to different ideas about bitcoin. We should not set limits because whatever idea or concept that comes out with bitcoin, it has also its valid reason. So learn to consider both sides but in the end, decide wisely on what concept you are going to adopt. Whatever yours will be a reflection on how you will deal with bitcoin.

However, based on my personal view, I am a bitcoin enthusiast so I will never go in favor with Munger. I built my own concept and trust in bitcoin, and that’s one thing that I’m going to hold onto bitcoin and continue to see it which has a lot of potentials to grow in the future.
hero member
Activity: 3010
Merit: 604
November 01, 2023, 04:59:05 PM
#84
Munger is a walking corpse, it does not matter what people like him & Buffett think about bitcoin. They ere old school, legacy finance guys. What they’ve done their whole life has worked well for them. They will not embrace new tech before they die, which won’t be long. Bitcoin also takes a slice of the pie too so they will never actively support it. But yes of course bitcoin is a great investment, you don’t need them to tell you that.
Munger has his own choice of thoughts, and for me that's something that we also need to respect. But that does not mean that we will believe in whatever he says, we have our own thoughts about bitcoin, and we should focus on it, not on his. However, although I believe bitcoin is a great and very profitable investment,  but for me the best decision ever in any investment is not to rely in a any single investment but learn to diversify. Bitcoin is a smart choice, but let's also be open that some investments are still better than bitcoin. The reason why we should not focus only in bitcoin but we should learn to invest in other investments as well as to maximize our gains. That way, no matter how smart bitcoin investment is, once its gone in the market, it will never leave any value after that. But since we also have other potential investments, then we will still be profitable no matter what.
hero member
Activity: 2030
Merit: 777
Leading Crypto Sports Betting & Casino Platform
November 01, 2023, 11:15:02 AM
#83
Depending on what others say is a behavior that exists in humans who have no principles. It's true that we should listen to the advice of others, but the one who decides is us. We should not swallow what others say because that is not wise at all.
Apart from that, we must be good at filtering, or in other words, what is said by someone we must double-check on credible sources or on people who are more expert, in any case.
Back to the beginning, the point is that as humans we must have principles and not depend on others.
Instead of listening to others' advices, why not check and analyze the history of Bitcoin by yourself in order to reach a conclusion? I think that is the best approach, because this way you reach closest as possible from the reality, while getting away from biased opinions from others who might not reflect the reality, but only reflect their personal reading of the reality, which might be completely inaccurate due to them being unable to understand it properly or due to them having a hidden agenda, like many of the mainstream media and economists who defend the broken fiat system with great sense of duty.
sr. member
Activity: 1512
Merit: 418
November 01, 2023, 11:05:41 AM
#82
Even if there are people who say bad things about Bitcoin, it's up to us if we believe it. Why should we believe what others say if we know that Bitcoin has brought good things to our lives or great contributions it has given us?
Agree. Our financial problem in this case is investment. We don't need to listen to other people who say Bitcoin is bad for investing. There is no point in listening to other people if we already believe that Bitcoin is the best investment today and even for the future.

Quote
It means that no matter what that person says, even if he is the most famous person, if you know for yourself that Bitcoin has become your partner in terms of financial problems, you will ignore such nonsense as a matter of fact.
I'm not going to listen to the most famous person let alone a 90 year old tell me that the next 100 years won't happen. Investing in bitcoin is a way to set aside money while you're busy with life and put that money to work for you so you can fully reap the rewards of your hard work in the future.
sr. member
Activity: 812
Merit: 252
November 01, 2023, 10:03:22 AM
#81
When I first learned about Bitcoin I didn't care as much as I care about Bitcoin at the moment. Many may think of Bitcoin as just a means of investment. But if it is planned for a long time then the interest of the investors will increase. I was quite attractive on gold before learning about bitcoin. But I realize long term bitcoin will be a more valuable asset than gold. No specific supply is known in case of gold. But Bitcoin has limited supply. After 21 million bitcoins no more bitcoins will be created. It will be certainly regarded as an valuable asset.
Basically invest in what they understand, there is no harm in investing anywhere. However, bitcoin investment is the best choice for the future and bitcoin assets are also easy to carry anywhere, even if there is a war, it is easier to store them compared to other investments. In this technological era, the investment choice is Bitcoin.

It's not surprising that many people still invest the old way, namely investing in gold and land. Maybe because they don't understand technology so they can't secure bitcoin. If there is a war, they choose to join the war to protect their assets.
In living this life, of course everyone has to make investments if they really want their life to be better than before, because without making investments, of course we will have difficulty enjoying our old age when we are no longer able to do the work that we are capable of doing. You are right. , if we choose to invest in Bitcoin, of course we will be able to maintain it easily if we understand it well.

Choosing to invest in Bitcoin is the right choice because it can make it easier for us to own it or sell it and for those who are still investing in gold and land, I think they don't understand technological developments well so they don't have the courage to make investments like this. Bitcoins.
sr. member
Activity: 1274
Merit: 423
November 01, 2023, 09:57:57 AM
#80
Even if there are people who say bad things about Bitcoin, it's up to us if we believe it. Why should we believe what others say if we know that Bitcoin has brought good things to our lives or great contributions it has given us?

It means that no matter what that person says, even if he is the most famous person, if you know for yourself that Bitcoin has become your partner in terms of financial problems, you will ignore such nonsense as a matter of fact.

Each investor must make his or her own decision. We should follow the economy and what is going on around us so that we can be informed about the market. Those who act according to other people's decisions other than their own will make mistakes. The investment is yours and the decisions should be yours.

As you said, we don't have to listen to the speeches or speculations of famous people. If we always make our own decisions, we won't fall for other people's hype. Just because we make our own decisions doesn't mean we can't listen to knowledgeable people. Once we know all the information and apply our own logic, we need to act on our own decisions.
Depending on what others say is a behavior that exists in humans who have no principles. It's true that we should listen to the advice of others, but the one who decides is us. We should not swallow what others say because that is not wise at all.
Apart from that, we must be good at filtering, or in other words, what is said by someone we must double-check on credible sources or on people who are more expert, in any case.
Back to the beginning, the point is that as humans we must have principles and not depend on others.
member
Activity: 210
Merit: 39
November 01, 2023, 07:52:11 AM
#79
However, it is true that many countries do not want to accept Bitcoin because of the irreversible transfer. If I send money to your bank account, the bank will work as a media, there is a process to bring back that money, if I send money through Crypto, no one else can bring it back except you. Because crypto currency have no central authority. Many non-investors invest in Bitcoin due to the hype and then it becomes very difficult for them to understand what they are doing. I will tell them to invest in Bitcoin with very little information, it is nothing but stupidity in their case. Investing in Bitcoin is a smart investment choice but only when an investor invests in Bitcoin with proper understanding and knowledge.
hero member
Activity: 756
Merit: 701
November 01, 2023, 07:28:58 AM
#78
Even if there are people who say bad things about Bitcoin, it's up to us if we believe it. Why should we believe what others say if we know that Bitcoin has brought good things to our lives or great contributions it has given us?

It means that no matter what that person says, even if he is the most famous person, if you know for yourself that Bitcoin has become your partner in terms of financial problems, you will ignore such nonsense as a matter of fact.

Each investor must make his or her own decision. We should follow the economy and what is going on around us so that we can be informed about the market. Those who act according to other people's decisions other than their own will make mistakes. The investment is yours and the decisions should be yours.

As you said, we don't have to listen to the speeches or speculations of famous people. If we always make our own decisions, we won't fall for other people's hype. Just because we make our own decisions doesn't mean we can't listen to knowledgeable people. Once we know all the information and apply our own logic, we need to act on our own decisions.
hero member
Activity: 1358
Merit: 538
paper money is going away
November 01, 2023, 07:17:24 AM
#77
The main thing I can feel is privacy. Indeed, when we do not let our Bitcoin transactions flow to exchanges, our privacy will remain safe and it is like having an undetectable treasure. I myself have personal confidence in Bitcoin, because it is a digital asset and also a cryptocurrency that opens the gates of financial evolution. Anyone in this world, if they know what FIAT does and what Bitcoin offers, will of course start to consider Bitcoin as the best alternative, even though there are some people who don't like Bitcoin because they are driving FIAT, that could happen.

Centralized currencies alone make us sick, where banks and governments interfere too much with our digital business. In fact, they impose very burdensome taxes with tax allocations that are still full of question marks. I agree that taxes are imposed to build public facilities, but corruption is always unreported so this makes us skeptical of the behavior of banks and governments.
hero member
Activity: 2618
Merit: 833
November 01, 2023, 07:06:32 AM
#76
If you want to expect good profits or good things from Bitcoin, first you have to change your perspective and not look at what anyone is saying, but look at those who are successful in this world and work If we work by gaining knowledge from this forum without gaining knowledge from any social media, then the misconception that exists among us will also be removed. We have many members that are still not sure.Bitcoin is a smart system yet they are not convinced that it is a risky system Keep making comments like this because of not knowing the correct information for Bitcoin. So without looking in that direction know well and work and achieve success.

Of course you can look at those early birds, however, there is only one formula though, that is to be a long term holder that's it. So it will take a lot of time to build our wealth here, however, there is no secret formula. Just hard grind and have the mentality to buy whatever we can, specially in the bear market.

And it should be long term or at least one cycle to see how it will go for you. But definitely, you will not be disappointed. Take this for example, if you have bought when the price is around $15,500 last year it, and in 12 months you are already looking for more than 100% profit. It's because the price right now is $34k-$35 and it could even go higher this year. So just imagine what will be the price this next bull run, and how much profit you are going to make when the price hits $100k minimum.
sr. member
Activity: 448
Merit: 294
November 01, 2023, 06:43:08 AM
#75
It’s our choice if we believe to those kind of people. I mean its helpful that we learn different persperctives regarding Bitcoin but it comes from closed minded people who refused to believe on what BTC can offer, we are not obliged to listen to them.
When I first learned about Bitcoin I didn't care as much as I care about Bitcoin at the moment. Many may think of Bitcoin as just a means of investment. But if it is planned for a long time then the interest of the investors will increase. I was quite attractive on gold before learning about bitcoin. But I realize long term bitcoin will be a more valuable asset than gold. No specific supply is known in case of gold. But Bitcoin has limited supply. After 21 million bitcoins no more bitcoins will be created. It will be certainly regarded as an valuable asset.
Basically invest in what they understand, there is no harm in investing anywhere. However, bitcoin investment is the best choice for the future and bitcoin assets are also easy to carry anywhere, even if there is a war, it is easier to store them compared to other investments. In this technological era, the investment choice is Bitcoin.

It's not surprising that many people still invest the old way, namely investing in gold and land. Maybe because they don't understand technology so they can't secure bitcoin. If there is a war, they choose to join the war to protect their assets.
jr. member
Activity: 126
Merit: 5
October 31, 2023, 07:51:22 PM
#74
If you want to expect good profits or good things from Bitcoin, first you have to change your perspective and not look at what anyone is saying, but look at those who are successful in this world and work If we work by gaining knowledge from this forum without gaining knowledge from any social media, then the misconception that exists among us will also be removed. We have many members that are still not sure.Bitcoin is a smart system yet they are not convinced that it is a risky system Keep making comments like this because of not knowing the correct information for Bitcoin. So without looking in that direction know well and work and achieve success.
sr. member
Activity: 1622
Merit: 270
Undeads.com - P2E Runner Game
October 31, 2023, 07:46:07 PM
#73
I don't pay attention to people like Charlie Munger because they overlook the fact that cryptocurrencies like Bitcoin represent a new form of financial freedom. Many people, including myself, can vouch for this. Before I learned about Bitcoin, I viewed it as a risky investment where I might lose money. But as I learned more and saw what Bitcoin could achieve, my perspective changed. Bitcoin has exceeded my expectations. So, it's best to ignore statements like these on social media from such individuals. Who knows, they might have invested in Bitcoin secretly due to its decentralized nature. And speak I'll of it on the net to gather fans or sort.

Not only bitcoin is risky, but the way coins behave from the very start of trading, we should conclude that all the trading is volatile, and we could learn more lessons as we got some of the loss. But we can't say that there is only loss and there is only risk in crypto, if we think about other businesses and other life things we should get to a result that there are also some risk factors involved, and also we have to pass through the difficult and nonsense situations, but unfortunately we didn't think ever about that.
As regards Bitcoin, if some people have been lost from this then we can also conclude that it has given people hope and it has given people a new life due to Bitcoin many users have started earning and they got their businesses and got their works, indeed they started to support their families.
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