Calm the pressure | Bitcointalksearch.org

YUriy1991

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Quote from: Forever101 on October 05, 2023, 09:10:08 AM

Quote from: Smartvirus on September 17, 2023, 02:33:19 PM

It’s a very hard thing your asking for those that have been able to identify the potentials in bitcoin and the time they just might be letting slide should they not invest at the time.

I understand you on this point, but it is best to take a calculated risk. Risk taking is taking decision that are full of uncertainty. When you take loan for a volatile asset such as bitcoin, is taking actions with uncertainty. I think everyone knows what is good for them. If one can be so emotional on their investment made with their hard earned money, what do you think about it when someone borrowed money to invest.

OP, that's true and always remember that there are always market changes every week. The good and the bad are all on display and nothing is best held long term except BTC. Learn to understand the bitcoin chain. When the market moves up this week or next week, it means how we really start investing in Bitcoin properly. Educating ourselves and staying informed and patient are top priorities in this regard.

Benedictare

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In investing in Bitcoin you need to calm down,don't rush and be sure of what you want to invest you need to plan your life and your investment one to two years before you start investing,towards approaching the next bull run so that will not regret it because it's all about risk, it might exceed when expected you never can tell,if you must borrow to invest, it should be 1-2% that will not have effect on your livelihood, so that if it doesn't work out the way you want it you will continue your life peacefully and not going to star from square one. The patience dog eats the fattest bone

pawanjain

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Quote from: Forever101 on September 06, 2023, 07:57:53 AM

It's not always too late to invest in bitcoins, if you have ever miss any Bitcoin bull run or you have heard about the bitcoins bull run and you are excited to take actions, my simple advice is, calm the pressure. This advice is driven from the view point of the economy struggles of many, avoid over thinking , work hard to earn money and diversify your investment. Most persons in the crypto space are dying in the inside because they do not have money to invest due to their present circumstance. If you do not have money to invest now, please ease the pressure, you may have more than enough to invest in the future. Calm the pressure my dear friends, don't borrow money, I repeat, don't borrow money to invest on Cryptocurrency, because it is a volatile asset. Life is about risk which you have heard countless times but it will be unwise to take loan to buy bitcoins.

There are few important skills that I have learnt by being a part of this forum.
Patience is something that is definitely required whether you are trading, gambling or investing and holding cryptocurrencies and that is something I have learnt by being here.
Living within your means gives us the ability to manage our expenses, limit the losses and increase our profits steadily and I have learnt this well over the years.
Dollar cost average is the best technique to become rich over the long term and this is why keep investing in bitcoin at regular intervals to accumulate more over the long run.

Stepstowealth

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Quote from: Forever101 on September 06, 2023, 07:57:53 AM

If you do not have money to invest now, please ease the pressure, you may have more than enough to invest in the future. Calm the pressure my dear friends, don't borrow money, I repeat, don't borrow money to invest on Cryptocurrency, because it is a volatile asset. Life is about risk which you have heard countless times but it will be unwise to take loan to buy bitcoins.

Pressure is good sometimes, makes some people to be able to think better and come up with solutions to their problems faster. If you are under the pressure that you have not invested in bitcoins, instead of trying to kill the pressure so you can return too the relaxed state that put you under pressure in the first place, use the pressure to think of ways of earn money quickly, so you can have to invest in bitcoins. It is the pressure that can make someone think of taking a loan, with that same pressure if they can think hard enough, alternative ideas may come to mind, ideas that will be better than borrowing.

Lida93

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Quote from: Forever101 on October 05, 2023, 09:10:08 AM

Quote from: Smartvirus on September 17, 2023, 02:33:19 PM

It’s a very hard thing your asking for those that have been able to identify the potentials in bitcoin and the time they just might be letting slide should they not invest at the time.

I understand you on this point, but it is best to take a calculated risk. Risk taking is taking decision that are full of uncertainty. When you take loan for a volatile asset such as bitcoin, is taking actions with uncertainty. I think everyone knows what is good for them. If one can be so emotional on their investment made with their hard earned money, what do you think about it when someone borrowed money to invest.

I think what @smartvirus is trying to say It's not about taking loan it's rather about how hard it is to letting the time slide by knowing very well the potential the next bullrun holds for you should you invest at this moment but unfortunately you just can't because you don't have the money to at the moment.

It is like watching a close by opportunity pass you by before your very eyes and you can't just do nothing not that you ain't willing to do something about it but that you don't have the means to grab the opportunity and you just got to wait for another which may take longer time.

My advise for people in this condition is to search on the internet on was on how they can earn bitcoin through rendering a service. So with your skill you can earn a bitcoin. There are remote jobs that offer to pay in crypto to their employees making you become a bitcoin hodler. Technology has expanded the alternatives ways to own bitcoin other than just through a p2p fiat purchase.

Finestream

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Buying bitcoin is not a do or die that even if you can't afford at the moment, you still tend to become trying hard just to never miss the opportunity. That is never good when investing. Note that investing will never assure everyone to reap positive results. Some may profit successfully while others become unfortunate and lose all their funds. That is why when you feel the pressure is high, never grab for it but wait for the perfect timing wherein you're highly capable to invest even if things didn't work in the end.

CryptSafe

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It is never advisable to borrow money to invest or start up a business. You can borrow in the course of running the business when you have seen the four walls of the business and how it works with prior experience and knowledge gained so that when appropriating funds, you know how to apply it to the business in other not to be at the losing end of it all. Same is applicable to crypto or bitcoin trading but you should have at the back of your mind that it is a high volatile asset and at such could be very risky to take such decision.

Putting yourself under pressure with anything that has to do with bitcoin and trading is nothing but a very big error because you just might put yourself in a much tight stand if the volatile nature of the market comes into full force and you are caught off guard, do you not think that is a problem for you? Not to talk of when the asset in question is borrowed with the sole intention of profit making or revenue generation.

Forever101

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Quote from: Smartvirus on September 17, 2023, 02:33:19 PM

It’s a very hard thing your asking for those that have been able to identify the potentials in bitcoin and the time they just might be letting slide should they not invest at the time.

I understand you on this point, but it is best to take a calculated risk. Risk taking is taking decision that are full of uncertainty. When you take loan for a volatile asset such as bitcoin, is taking actions with uncertainty. I think everyone knows what is good for them. If one can be so emotional on their investment made with their hard earned money, what do you think about it when someone borrowed money to invest.

Smartvirus

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Quote from: Forever101 on September 06, 2023, 07:57:53 AM

It's not always too late to invest in bitcoins, if you have ever miss any Bitcoin bull run or you have heard about the bitcoins bull run and you are excited to take actions, my simple advice is, calm the pressure. This advice is driven from the view point of the economy struggles of many, avoid over thinking , work hard to earn money and diversify your investment. Most persons in the crypto space are dying in the inside because they do not have money to invest due to their present circumstance. If you do not have money to invest now, please ease the pressure, you may have more than enough to invest in the future. Calm the pressure my dear friends, don't borrow money, I repeat, don't borrow money to invest on Cryptocurrency, because it is a volatile asset. Life is about risk which you have heard countless times but it will be unwise to take loan to buy bitcoins.

It’s a very hard thing your asking for those that have been able to identify the potentials in bitcoin and the time they just might be letting slide should they not invest at the time.
Yeah, it’s very much early with bitcoin still, we’ve got barely 3 halvings since and we have many more halvings much more than we already have to come.

If the idea at the moment is that, halvings brings about bullrun and that means, price appreciation of pumps, given that we’ve attained just 3 halvings thus far and may more to come,
Wouldn’t the natural idea from history be that, we are going to have more price appreciation in fourth coming years and halvings?

This makes not investing now a hard to imagine reason and understanding the potential that exists within the space a hard to ignore choice.

SmartCharpa

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Quote from: Forever101 on September 06, 2023, 07:57:53 AM

It's not always too late to invest in bitcoins, if you have ever miss any Bitcoin bull run or you have heard about the bitcoins bull run and you are excited to take actions, my simple advice is, calm the pressure. This advice is driven from the view point of the economy struggles of many, avoid over thinking , work hard to earn money and diversify your investment. Most persons in the crypto space are dying in the inside because they do not have money to invest due to their present circumstance. If you do not have money to invest now, please ease the pressure, you may have more than enough to invest in the future. Calm the pressure my dear friends, don't borrow money, I repeat, don't borrow money to invest on Cryptocurrency, because it is a volatile asset. Life is about risk which you have heard countless times but it will be unwise to take loan to buy bitcoins.

That's the fact, mate, and we should work to practice patience. In life, excellent things rarely come easily, so we shouldn't attempt to copy others when they are performing better than we are. Instead, we should wait for our own perfect in every way, since there is no reason to question your method of operation.
It is not a good idea for any of us to take a loan; instead, we should wait for the perfect time to begin an investment or any other potential changes we want to make to our lives. If we do take a loan from a bank, we will undoubtedly touch the money we invest because I doubt there is any longer any way to extend the repayment date, or the person we borrow from doesn't understand what we use the money for. We can see that is not a best action to perform.

Pablo-wood

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Quote from: Forever101 on September 06, 2023, 07:57:53 AM

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It is called investment for a reason; Invest risk taking, Ment action taking, when both are joined in a single sentence it becomes risky action. As far as risk is involved there is no good or bad time to pull the trigger, In the world of investment no one can say emphatically when a risk will pay off. But my little advise is only risk an amount that is affordable. Every time is seed time in the crypto world but the harvest comes very slow but when it finally comes it pays for all the time wasted.

Zigabel

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Quote from: Forever101 on September 06, 2023, 07:57:53 AM

It's not always too late to invest in bitcoins, if you have ever miss any Bitcoin bull run or you have heard about the bitcoins bull run and you are excited to take actions, my simple advice is, calm the pressure. This advice is driven from the view point of the economy struggles of many, avoid over thinking , work hard to earn money and diversify your investment. Most persons in the crypto space are dying in the inside because they do not have money to invest due to their present circumstance. If you do not have money to invest now, please ease the pressure, you may have more than enough to invest in the future. Calm the pressure my dear friends, don't borrow money, I repeat, don't borrow money to invest on Cryptocurrency, because it is a volatile asset. Life is about risk which you have heard countless times but it will be unwise to take loan to buy bitcoins.

Don't borrow to invest in cryptocurrency especially Bitcoin is a valid advice, one that should be taken into great consideration before ever venturing into investing in Bitcoin, first before you take such risk of borrowing to invest it is Worthy to ask, how much knowledge do you have about cryptocurrency?? Because I'm very sure if you have good knowledge enough then it will not cross your mind to consider such.

As technical as it may sound probably because a good opportunity seem to have avail it self making you see it as a sure bet, borrowing to invest still remains unwise and unsafe. Before investing especially with borrowed fund consider the following, your 1. psychology; I always talk about psychology because it has a great role to play in every traders life, with borrowed funds your psychology will definitely not be in check to a great extent, this is because you want to make up for your debt at every opportunity the market avails you hence increasing your risk appetite and incurring losses. 2. Trade plan and strategy 3. Market condition's etc.

ImThour

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If you are at first place putting pressure to buy something, you are doing it wrong. It shouldn't be a forced decision anyways. It is your own choice and your own decision, and if you have enough money to survive after today's high living cost, you should Invest otherwise you should look after your family first instead of buying Bitcoin or any other Crypto asset thinking that you will will become a millionaire in an year or so, that's not how it works.

cafter

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Quote from: Forever101 on September 06, 2023, 07:57:53 AM

It's not always too late to invest in bitcoins, if you have ever miss any Bitcoin bull run or you have heard about the bitcoins bull run and you are excited to take actions, my simple advice is, calm the pressure. This advice is driven from the view point of the economy struggles of many, avoid over thinking , work hard to earn money and diversify your investment. Most persons in the crypto space are dying in the inside because they do not have money to invest due to their present circumstance. If you do not have money to invest now, please ease the pressure, you may have more than enough to invest in the future. Calm the pressure my dear friends, don't borrow money, I repeat, don't borrow money to invest on Cryptocurrency, because it is a volatile asset. Life is about risk which you have heard countless times but it will be unwise to take loan to buy bitcoins.

If you want to be part of this bull run but don't have the money to invest, don't borrow money to invest in high volatile and risky asset like bitcoin or any other cryptocurrency. Try investing in small amounts for now that don't affect your financial stability. You will gain experience of what a bull run looks like. In the future, when you have more money and experience, you will be able to do things much better while participating in next bull run. Borrowing money will make you feel depressed all the time because of sudden ups and downs, you'll make bad decisions in your everyday life.

avp2306

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Quote from: letteredhub on September 16, 2023, 06:21:07 PM

Quote from: Forever101 on September 06, 2023, 07:57:53 AM

It's not always too late to invest in bitcoins, if you have ever miss any Bitcoin bull run or you have heard about the bitcoins bull run and you are excited to take actions, my simple advice is, calm the pressure

If your adoption of bitcoin was purely for bull run's, you need to have a rethink because the use case of bitcoin is beyond bull run. There's a many usefulness of bitcoin than are profitable and convenient than just bull run's.

Peradventure we never had a bull run occurring again are you going to back out your bitcoin investment or what?

That is newbie's personal perspective on bitcoin since some of them think that bitcoin cycle remain just like that and they became rich easily. They forgot to know the real use case of bitcoin that's why they face some reality check when bear market condition hit up to them. Maybe they should look at bitcoin as currency maybe they can get something realistic thinking about it and not just want to get easy richest from this coin.

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Quote from: letteredhub on September 16, 2023, 06:21:07 PM

Quote from: Forever101 on September 06, 2023, 07:57:53 AM

It's not always too late to invest in bitcoins, if you have ever miss any Bitcoin bull run or you have heard about the bitcoins bull run and you are excited to take actions, my simple advice is, calm the pressure

If your adoption of bitcoin was purely for bull run's, you need to have a rethink because the use case of bitcoin is beyond bull run. There's a many usefulness of bitcoin than are profitable and convenient than just bull run's.

Peradventure we never had a bull run occurring again are you going to back out your bitcoin investment or what?

People who take Bitcoin as a hedge or as a way to protest against the fiat or banking system, no more bull runs wouldn't be a problem. But many (most?) are simply looking for a get-rich-quick scheme, and for them being wrong with their price expectations would be a failure for Bitcoin.

They should remember that Satoshi didn't invent Bitcoin to make them rich.

letteredhub

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Quote from: Forever101 on September 06, 2023, 07:57:53 AM

It's not always too late to invest in bitcoins, if you have ever miss any Bitcoin bull run or you have heard about the bitcoins bull run and you are excited to take actions, my simple advice is, calm the pressure

If your adoption of bitcoin was purely for bull run's, you need to have a rethink because the use case of bitcoin is beyond bull run. There's a many usefulness of bitcoin than are profitable and convenient than just bull run's.

Peradventure we never had a bull run occurring again are you going to back out your bitcoin investment or what?

Humblevirus

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Quote from: Forever101 on September 06, 2023, 07:57:53 AM

It's not always too late to invest in bitcoins, if you have ever miss any Bitcoin bull run or you have heard about the bitcoins bull run and you are excited to take actions, my simple advice is, calm the pressure. This advice is driven from the view point of the economy struggles of many, avoid over thinking , work hard to earn money and diversify your investment. Most persons in the crypto space are dying in the inside because they do not have money to invest due to their present circumstance. If you do not have money to invest now, please ease the pressure, you may have more than enough to invest in the future. Calm the pressure my dear friends, don't borrow money, I repeat, don't borrow money to invest on Cryptocurrency, because it is a volatile asset. Life is about risk which you have heard countless times but it will be unwise to take loan to buy bitcoins.

Seriously, you have given a good advice because, as people are shouting that bull run is around the corner, some people are looking for any means to get the money and invest in cryptocurrency because of the profits people talk about making doing bull run. If you have your own money, you can invest, but don't be too eager because of the profits people are talking about and go and take a loan to invest in Bitcoin. We have been warned by crypto experts that we shouldn't take a loan to invest in Bitcoin because it involves risk due to its nature of volatility, and again, we are advised to only invest what we can afford to lose.

lalabotax

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Quote from: Forever101 on September 06, 2023, 07:57:53 AM

It's not always too late to invest in bitcoins, if you have ever miss any Bitcoin bull run or you have heard about the bitcoins bull run and you are excited to take actions, my simple advice is, calm the pressure. This advice is driven from the view point of the economy struggles of many, avoid over thinking , work hard to earn money and diversify your investment. Most persons in the crypto space are dying in the inside because they do not have money to invest due to their present circumstance.

The problem may not be whether it is late or not. But how can we calm the pressure as a beginner when we have just bought Bitcoin, but the price of Bitcoin drops suddenly very drastically. And that is one of the tests for newbies who have just invested in Bitcoin, and this is what makes new investors or beginners finally give up. This is what is difficult, namely when we maintain ourselves, stay calm and not panic when a bearish or market correction suddenly occurs painfully. For us, we probably already understand this, especially when we really understand when is the best time to do DCA, because no one is late. However, this will be difficult for newbies when they see their assets drop very much. This is precisely what needs to be emphasized to always calm the pressure wisely.

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Quote from: Forever101 on September 06, 2023, 07:57:53 AM

It's not always too late to invest in bitcoins, if you have ever miss any Bitcoin bull run or you have heard about the bitcoins bull run and you are excited to take actions, my simple advice is, calm the pressure. This advice is driven from the view point of the economy struggles of many, avoid over thinking , work hard to earn money and diversify your investment. Most persons in the crypto space are dying in the inside because they do not have money to invest due to their present circumstance. If you do not have money to invest now, please ease the pressure, you may have more than enough to invest in the future. Calm the pressure my dear friends, don't borrow money, I repeat, don't borrow money to invest on Cryptocurrency, because it is a volatile asset. Life is about risk which you have heard countless times but it will be unwise to take loan to buy bitcoins.

Don't rush and stop making wrong decisions about loaning money just for this sake. We can use our personal money and apply the DCA strategy just to fit the amount of money that we have. Don't get jealous of your friends who got 1BTC instantly, they are probably rich and can afford to buy it. We have to remember that Bitcoin is a risky investment and of course, with strategy. If we continue buying while waiting for the bull season, our investment will grow as well. The most important is that we never fall into debt, invest only the amount that we can afford.

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