Topic: Bold step to invest my fiat in Bitcoin - page 2. (Read 822 times)
Please don't invest what you can't afford to lose in BTC, because you made something good from it doesn't mean that is how you will be making profits from it all the time. The opportunity to buy and wait for a bigger pump is here because, the price of BTC has drop down to $29k which is another advantage for you to earn well when the price hit higher in the market. Don't forget to always buy when the price of cryptocurrency is low in the market, and don't rush to sell when the price start pumping in the market than to watch very well before taking a step to sell your coin to make a passive profits. Ensure you know it very well how to make a good profits from short term investments before moving to long term investments because long term investments is from 6 months above before you can think of selling your coins in the market.
You may not have gained much money by investing in bitcoins but still you are very happy with a small amount by investing in bitcoins. It is natural to be so happy because when we invest in a platform and when we benefit from that platform investment, our interest in investing increases a lot. You are successful with your first investment in Bitcoin so be sure to be patient before making your next investment, observe the market well and then invest with a larger amount (if you can afford) at the right time to hold for a longer period of time. You can achieve more success. In the first investment you made a profit, in the second investment you may face losses in the beginning but you will not lose patience, if you have enough patience and hold for a long time, you will definitely get something good.
I agree, it's not about how much money we make with our first investment, but rather about taking the first step to a more independent future. Leaving all our money in fiat currencies is not going to lead to anything. Only when we start investing our money we can achieve returns that are higher than the inflation rates. Beating inflation should be the goal for anybody that is trying to save long term money. Finding happiness in already small profits is what keeps us going and will lead to better results in the future. Also a couple of small profits in a row are already a decent outcome and will grow our portfolio. Any profit is a good situation and should be happy about, bigger returns come the longer we are invested.
Bitcoin's returns are bigger than all traditional investments and that's why we all choose bitcoin over other investments. but the higher the return, the higher the risk, there is no asset that offers high returns that is safe. therefore, investing more in bitcoin will give you a better chance of getting a bigger profit, but don't forget that if you fail, the loss will also be bigger. Bitcoin no matter how good is risky so only invest with money you can lose and don't affect your life.
How can there be more losses? If you want to buy some real estate and invest $50k in it, and the developer is hiding with your money, or you decide to buy bitcoin for the same $50k and end up failing, then the losses will be identical. But I don’t think that at this stage, investing in bitcoin is so dangerous, look even presidential candidates are using bitcoin in their election campaigns, states are investing a lot of money in mining, it looks very convincing.
It would be quite lame to compare investing in bitcoin with real estate and assume that the risks are the same. Real estate is considered the safest asset by far, while bitcoin is just a new asset and the future is uncertain.
In real estate investing, the risk when you give money to a developer, and they hide your money is your fault for choosing the wrong partner, not the real estate's. But for bitcoin, even if you have full control over it, you don't even have a guarantee that it will survive tomorrow.
The risk here is assessed by acceptance, demand, and popularity, as well as market capitalization. A market of tens of trillions of dollars and a market of only a few hundred billion dollars? Which one do you think is safer?
Bitcoin is a new and attention-grabbing trend, politicians use it to get their own attention, it's an intelligent strategy. But it would be foolish to believe what they say just because they want our vote.
That is the nature of investment in general; risk should always be addressed. Investors appear happy when they invest in their desired project, while bitcoin is a desire for all, some people are willing to invest in bitcoin but have no money to invest in, that reason alone will make someone happy and satisfied with the small profit they have and even plan to invest more if given the opportunity.
I agree more with what you say because talking about an opportunity, not everyone can have it as they wish. This can be seen from the number of people who like to invest in Bitcoin, but not all of them have the ability to make it happen so that some of them are forced to choose others to keep investing even though they have to really understand the risks. Because maybe they think that investing with a certain level of risk will be better than not doing it at all, although they can also make it happen in Bitcoin in a very small size with a very small profit level too. 
Bitcoin's returns are bigger than all traditional investments and that's why we all choose bitcoin over other investments. but the higher the return, the higher the risk, there is no asset that offers high returns that is safe. therefore, investing more in bitcoin will give you a better chance of getting a bigger profit, but don't forget that if you fail, the loss will also be bigger. Bitcoin no matter how good is risky so only invest with money you can lose and don't affect your life.
How can there be more losses? If you want to buy some real estate and invest $50k in it, and the developer is hiding with your money, or you decide to buy bitcoin for the same $50k and end up failing, then the losses will be identical. But I don’t think that at this stage, investing in bitcoin is so dangerous, look even presidential candidates are using bitcoin in their election campaigns, states are investing a lot of money in mining, it looks very convincing.
It would be quite lame to compare investing in bitcoin with real estate and assume that the risks are the same. Real estate is considered the safest asset by far, while bitcoin is just a new asset and the future is uncertain.
In real estate investing, the risk when you give money to a developer, and they hide your money is your fault for choosing the wrong partner, not the real estate's. But for bitcoin, even if you have full control over it, you don't even have a guarantee that it will survive tomorrow.
The risk here is assessed by acceptance, demand, and popularity, as well as market capitalization. A market of tens of trillions of dollars and a market of only a few hundred billion dollars? Which one do you think is safer?
Bitcoin is a new and attention-grabbing trend, politicians use it to get their own attention, it's an intelligent strategy. But it would be foolish to believe what they say just because they want our vote.
Bitcoin's returns are bigger than all traditional investments and that's why we all choose bitcoin over other investments. but the higher the return, the higher the risk, there is no asset that offers high returns that is safe. therefore, investing more in bitcoin will give you a better chance of getting a bigger profit, but don't forget that if you fail, the loss will also be bigger. Bitcoin no matter how good is risky so only invest with money you can lose and don't affect your life.
How can there be more losses? If you want to buy some real estate and invest $50k in it, and the developer is hiding with your money, or you decide to buy bitcoin for the same $50k and end up failing, then the losses will be identical. But I don’t think that at this stage, investing in bitcoin is so dangerous, look even presidential candidates are using bitcoin in their election campaigns, states are investing a lot of money in mining, it looks very convincing.
You may not have gained much money by investing in bitcoins but still you are very happy with a small amount by investing in bitcoins. It is natural to be so happy because when we invest in a platform and when we benefit from that platform investment, our interest in investing increases a lot. You are successful with your first investment in Bitcoin so be sure to be patient before making your next investment, observe the market well and then invest with a larger amount (if you can afford) at the right time to hold for a longer period of time. You can achieve more success. In the first investment you made a profit, in the second investment you may face losses in the beginning but you will not lose patience, if you have enough patience and hold for a long time, you will definitely get something good.
That is the nature of investment in general; risk should always be addressed. Investors appear happy when they invest in their desired project, while bitcoin is a desire for all, some people are willing to invest in bitcoin but have no money to invest in, that reason alone will make someone happy and satisfied with the small profit they have and even plan to invest more if given the opportunity.
You may not have gained much money by investing in bitcoins but still you are very happy with a small amount by investing in bitcoins. It is natural to be so happy because when we invest in a platform and when we benefit from that platform investment, our interest in investing increases a lot. You are successful with your first investment in Bitcoin so be sure to be patient before making your next investment, observe the market well and then invest with a larger amount (if you can afford) at the right time to hold for a longer period of time. You can achieve more success. In the first investment you made a profit, in the second investment you may face losses in the beginning but you will not lose patience, if you have enough patience and hold for a long time, you will definitely get something good.
Op you just shown that you are mean to join this Bitcoin community, I can imagine from when you invested your $5 till today it has given you some good profits, I will like if you are a strong holder, so by the end of the you the year you will have a bigger profits.
If you get this bigger profits try to spread the positive side of Bitcoin, the negative side might be sad to tell but still tell, maybe if they can still risk money on BTC.
Every one it might be bad if no body share their first time purchase on this community, if no body share their first time purchase how will others have the mind to risk their money on Bitcoin? So I don't think is a bad idea for an investor to share his or her fist time purchase here.
If you get this bigger profits try to spread the positive side of Bitcoin, the negative side might be sad to tell but still tell, maybe if they can still risk money on BTC.
Every one it might be bad if no body share their first time purchase on this community, if no body share their first time purchase how will others have the mind to risk their money on Bitcoin? So I don't think is a bad idea for an investor to share his or her fist time purchase here.
I also understand the thread of buying buying their first bitcoin is getting boring and maybe irritating to you but this isn't the best way to caution a newbie trying to get people share in his joy.
Yes you are right @Obari, indeed sometimes it seems boring for some people because some of these people often see threads similar to this, but threads like this about owning Bitcoin can be very proud and joyous moments for OP and sometimes threads like this can motivate newbies those who just joined can immediately buy and invest in Bitcoin like OP did.Everyone is free to convey something as long as it is still in accordance with the discussion board, for those who don't like threads made by someone because the topic of the thread is often seen by them, they shouldn't need to discourage the thread maker especially if the thread maker is a beginner, they should be those who don't like it they can just skip the thread or they can congratulate and provide suggestions for the future so that beginners can develop better in making discussions.
However, everyone has their own way of expressing opinions and I respect these various ways as long as they don't contain racist elements.
I think it's understandable for people to end up buying bitcoin for the first time and then come here and share it to enjoy it, you do not even have to respond, of course we can say congratulations and all, but the point is to share it, not chat about it.
But I really had to take my Time to understand the whole volatility of Bitcoin before taking this bold step.
There is not a lot to understand about bitcoin's volatility: the crypto world still nowadays is relatively small so there are several news that can affect it. It's also mainly a psychological thing because if you actually understand bitcoin and you're a hodler than you won't care about the volatility, you know why it works and you know why it will keep working. 
I also understand the thread of buying buying their first bitcoin is getting boring and maybe irritating to you but this isn't the best way to caution a newbie trying to get people share in his joy.
Yes you are right @Obari, indeed sometimes it seems boring for some people because some of these people often see threads similar to this, but threads like this about owning Bitcoin can be very proud and joyous moments for OP and sometimes threads like this can motivate newbies those who just joined can immediately buy and invest in Bitcoin like OP did.Everyone is free to convey something as long as it is still in accordance with the discussion board, for those who don't like threads made by someone because the topic of the thread is often seen by them, they shouldn't need to discourage the thread maker especially if the thread maker is a beginner, they should be those who don't like it they can just skip the thread or they can congratulate and provide suggestions for the future so that beginners can develop better in making discussions.
However, everyone has their own way of expressing opinions and I respect these various ways as long as they don't contain racist elements.
I'm glad you also fall in my circle of opinion but don't mention exchanges while talking about storing coins.
I wish alot of people especially highly ranked accounts will be considerate with this newbies and also understand that there are alot of people who get joy on little things which includes owning coins.
On the other hand, the newbies shouldn't take my defense to back up posting rubbish and spamming the board and I understand that everyone wants to grow in the forum and be reputable but it we all also have to understand that we have to patience and follow due protocol.
I don't know isn't high rank should welcome newbies? If they feel sharing their stories since in the forum they have freedom to post or open a thread as long as it has proper information. Everyone here has a freedom to talk about their Bitcoin experience as they give information for their readers to read, no need to differ the readers by their ranks if you don't like the threads then don't read it. But if it's obvious newbies posting random shts just to gain activity here just don't interact with them. For all newbies out there you can actually grow here without the feeling of grinding as you can learn new information everyday by just exploring here or just simply ask informative questions.
Bitcoin's returns are bigger than all traditional investments and that's why we all choose bitcoin over other investments. but the higher the return, the higher the risk, there is no asset that offers high returns that is safe. therefore, investing more in bitcoin will give you a better chance of getting a bigger profit, but don't forget that if you fail, the loss will also be bigger. Bitcoin no matter how good is risky so only invest with money you can lose and don't affect your life.
This is because of Bitcoin's high volatility compared to other Investment Platforms. High volatility makes the price of Bitcoin experience a very fast increase and decrease.
High returns and fast losses will be felt.
If you are not ready for the risk then don't try to enter.
Ordinary people enter because they are tempted by the benefits they get, but they don't realize that it will be the saddest place when it doesn't match expectations.
Bold steps are not enough, to be able to make a good investment and be able to provide benefits, you must prepare an investment strategy.
With an investment strategy, you will be able to determine what to do, buy gradually or do fast trading. it all depends on how your initial strategy is.
And of course, you also have to do financial management, so that investment will not be disturbed.
divide the money for trading and for other basic needs
I also understand the thread of buying buying their first bitcoin is getting boring and maybe irritating to you but this isn't the best way to caution a newbie trying to get people share in his joy.
Yes you are right @Obari, indeed sometimes it seems boring for some people because some of these people often see threads similar to this, but threads like this about owning Bitcoin can be very proud and joyous moments for OP and sometimes threads like this can motivate newbies those who just joined can immediately buy and invest in Bitcoin like OP did.Everyone is free to convey something as long as it is still in accordance with the discussion board, for those who don't like threads made by someone because the topic of the thread is often seen by them, they shouldn't need to discourage the thread maker especially if the thread maker is a beginner, they should be those who don't like it they can just skip the thread or they can congratulate and provide suggestions for the future so that beginners can develop better in making discussions.
However, everyone has their own way of expressing opinions and I respect these various ways as long as they don't contain racist elements.
I'm glad you also fall in my circle of opinion but don't mention exchanges while talking about storing coins.
I wish alot of people especially highly ranked accounts will be considerate with this newbies and also understand that there are alot of people who get joy on little things which includes owning coins.
On the other hand, the newbies shouldn't take my defense to back up posting rubbish and spamming the board and I understand that everyone wants to grow in the forum and be reputable but it we all also have to understand that we have to patience and follow due protocol.
Congratulations mate on your first Bitcoin purchase. it's indeed a bold step in the right direction. One most striking benefit of Bitcoin is it's divisibility which enables both the high and low income earners to buy the coin. Just keep increasing your coins based on your income, keep them in a safe wallet and wait patiently. Who knows, you might make so much profit in few years. It is also important to note that Bitcoin doesn't guarantee financial freedom but it could be part of your financial freedom plans. That's why it is important to diversify your income base. All the best bro.
Bitcoin doesn't guarantee financial freedom but it makes the journey to your financial freedom easier, I don't see anything as profitable as Bitcoin investment, not from Real estate, not any Stocks, Bitcoin stands out from the others. There is a fact that shouldn't be ignored though, that is the more you invest in Bitcoin the better your reward in few years time, everyone has his or her own amount that they can afford to lose but constant DCA is the best strategy, because the period to DCA into Bitcoin is limited, a time will come that it will be too late to buy, until the next bear market returns.
Do not invest small amount and lock up, thinking it's enough, remember that you are hoping for a brighter future that's why you are investing, so whenever you make good amount of money and you can afford to lose a part, make sure you invest that back into Bitcoin.
Bitcoin's returns are bigger than all traditional investments and that's why we all choose bitcoin over other investments. but the higher the return, the higher the risk, there is no asset that offers high returns that is safe. therefore, investing more in bitcoin will give you a better chance of getting a bigger profit, but don't forget that if you fail, the loss will also be bigger. Bitcoin no matter how good is risky so only invest with money you can lose and don't affect your life.
Congratulations mate on your first Bitcoin purchase. it's indeed a bold step in the right direction. One most striking benefit of Bitcoin is it's divisibility which enables both the high and low income earners to buy the coin. Just keep increasing your coins based on your income, keep them in a safe wallet and wait patiently. Who knows, you might make so much profit in few years. It is also important to note that Bitcoin doesn't guarantee financial freedom but it could be part of your financial freedom plans. That's why it is important to diversify your income base. All the best bro.
Bitcoin doesn't guarantee financial freedom but it makes the journey to your financial freedom easier, I don't see anything as profitable as Bitcoin investment, not from Real estate, not any Stocks, Bitcoin stands out from the others. There is a fact that shouldn't be ignored though, that is the more you invest in Bitcoin the better your reward in few years time, everyone has his or her own amount that they can afford to lose but constant DCA is the best strategy, because the period to DCA into Bitcoin is limited, a time will come that it will be too late to buy, until the next bear market returns.
Do not invest small amount and lock up, thinking it's enough, remember that you are hoping for a brighter future that's why you are investing, so whenever you make good amount of money and you can afford to lose a part, make sure you invest that back into Bitcoin.
While many others are deficient in this regard, it is more about the interest to partake and reap from it in a beneficial way that spurred you onto buying your own BTC.
Am also glad you didn't take to gambling as a sure investment strategy for quick doubling of your funds.
Congratulations on your BTC cryptocurrency journey.
Very well done.
Storing fiat in banks or in your home is useless, it will just be spend on something not valuable and will vanish in no time for sure. Investing it on Bitcoin is a very boss move, especially you only bought small amount just to try it out first is a good one too. Once you experience the profits you could make in cryptocurrency, you would never store your cash in your bank or in your home.
Just don't do panic selling, it'll ruin your profits in the long term process.
Storing fiat in banks or in your home is useless, it will just be spend on something not valuable and will vanish in no time for sure. Investing it on Bitcoin is a very boss move, especially you only bought small amount just to try it out first is a good one too. Once you experience the profits you could make in cryptocurrency, you would never store your cash in your bank or in your home.
Just don't do panic selling, it'll ruin your profits in the long term process.
Congratulations mate on your first Bitcoin purchase. it's indeed a bold step in the right direction. One most striking benefit of Bitcoin is it's divisibility which enables both the high and low income earners to buy the coin. Just keep increasing your coins based on your income, keep them in a safe wallet and wait patiently. Who knows, you might make so much profit in few years. It is also important to note that Bitcoin doesn't guarantee financial freedom but it could be part of your financial freedom plans. That's why it is important to diversify your income base. All the best bro.
Bitcoin doesn't guarantee financial freedom but it makes the journey to your financial freedom easier, I don't see anything as profitable as Bitcoin investment, not from Real estate, not any Stocks, Bitcoin stands out from the others. There is a fact that shouldn't be ignored though, that is the more you invest in Bitcoin the better your reward in few years time, everyone has his or her own amount that they can afford to lose but constant DCA is the best strategy, because the period to DCA into Bitcoin is limited, a time will come that it will be too late to buy, until the next bear market returns.
Do not invest small amount and lock up, thinking it's enough, remember that you are hoping for a brighter future that's why you are investing, so whenever you make good amount of money and you can afford to lose a part, make sure you invest that back into Bitcoin.
I also understand the thread of buying buying their first bitcoin is getting boring and maybe irritating to you but this isn't the best way to caution a newbie trying to get people share in his joy.
Yes you are right @Obari, indeed sometimes it seems boring for some people because some of these people often see threads similar to this, but threads like this about owning Bitcoin can be very proud and joyous moments for OP and sometimes threads like this can motivate newbies those who just joined can immediately buy and invest in Bitcoin like OP did.Everyone is free to convey something as long as it is still in accordance with the discussion board, for those who don't like threads made by someone because the topic of the thread is often seen by them, they shouldn't need to discourage the thread maker especially if the thread maker is a beginner, they should be those who don't like it they can just skip the thread or they can congratulate and provide suggestions for the future so that beginners can develop better in making discussions.
However, everyone has their own way of expressing opinions and I respect these various ways as long as they don't contain racist elements.
So everyone should join me and celebrate this purchase as it went through without any stress and please help me show my image for other viewers as my rank prohibits me to
As irritating as this is beginning to look in my eyes, I would say, you've done yourself solid by buying a few sats. That's nice but, is it really something we should celebrate? Like why should we...? You bought your first bitcoin and then what?Well man, you have to take it easy on this fellows because it's not easy owning a bitcoin no matter the amount one owns and I can basically relate with this fellow's joy because it was also a thing of celebration to me but maybe not to others.
I also understand the thread of people buying their first bitcoin is getting boring and maybe irritating to you but this isn't the best way to caution a newbie trying to get people share in his joy.
One thing I hate and I don't do especially to newbie accounts is to make them feel bad and I always try as much as possible to embrace them and make them feel comfortable to make meaningful contributions to the forum and I'm sure this your response to some point might discourage the op if his not strong enough.
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