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Topic: DID I MAKE A MISTAKE INVESTING IN BITCOIN? - page 10. (Read 5142 times)

sr. member
Activity: 1491
Merit: 320
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In long term view the Bitcoin story looks good:
-a lot of developers work on upgrading technology
-lightning network is functional
-it is used like currency more and more with time
-the number of BTC is finite, and the more the people use it, the price will grow more and more

On the other side there are some dangers to BTC:
-other cryptocurrecies (not really serious danger, because BTC network is most developed)
-development of quantum computers that could endanger security of BTC network

That being said I recommend hodling your funds (and using them when price gets higher)
sr. member
Activity: 2366
Merit: 448
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Before investing in bitcoin, you must learn it well because mistakes or truths in investing occur because of your own actions and you control it yourself, not bitcoin or someone else.
and the basis for investing in bitcoin is buying when prices go down and reselling them when going up, and investing in the short term to get a little profit and long term to get a big profit.
so the position of bitcoin up or down has no effect and you alone must be smart and wise in using it.
sr. member
Activity: 2618
Merit: 439
I think investing short term in Bitcoin will have you crying out loud like a baby when the time the price rallies up
and you chose to sell your Bitcoin for just a small profit.
But i guess those who buy during the price inflation last 2017 regret being FOMOs that time.
Invest in  the right time and HODL that is the right thing to do for me to have no regrets.
Lol if you are contented in small profit from Time to time short term for bitcoin is profitable,looks the market this past days when bitcoin is going up a little and going down as well,those movements is enough to gain small percentage but safer.
And why would people cry like a baby when they can purchase again before bull rallied? No you are certainly wrong in your interpretations
hero member
Activity: 2660
Merit: 651
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If you're looking for a cheerleading squad to make you feel like you made a good decision, you've come to the right place.

Personally, I think BTC has some issues that could prevent it from growing further. Mainly 1 MB blocks and Proof of Work.
I don't understand what you mean when you said there's some issues that could prevent bitcoin from growing further. But, the issues of the limit of blocks size was the reason why SegWit was implemented. However, I don't see something really bad in POW since it impossible for a malicious miner to attack the network but miners participation is limit.
hero member
Activity: 1820
Merit: 537
I think investing short term in Bitcoin will have you crying out loud like a baby when the time the price rallies up
and you chose to sell your Bitcoin for just a small profit.
But i guess those who buy during the price inflation last 2017 regret being FOMOs that time.
Invest in  the right time and HODL that is the right thing to do for me to have no regrets.
sr. member
Activity: 318
Merit: 326
If the investment is made after understanding better about its growth pattern, then it isn't a mistake. Then one should have the patience as well as should be very careful while investing as you're new to the community. More scammers will attract with schemes that give very big multiples upon investing. Don't get greedy and fall as a prey. Think and do the right thing at the right time.
All you need to do is consider whether you will make the right decision when investing. Because you will not recover your mistakes when they cheat you and you will not recover the money you have invested in others. So listen to those who know or read this forum about investing.
full member
Activity: 658
Merit: 103
You are the only person who can answer your question! You can say that you made a mistake if you keep experiencing losses. I consider first the risk management before I invested in the bitcoin and I can say that it is really worth it to have bitcoin.
sr. member
Activity: 924
Merit: 275
You can call it mistake if you do not understand the investment that you did. Most of the people are investing in bitcoins because of the rumors that they will become rich if they have bitcoin. That mindset is the reason why there are people who suffer losses.
hero member
Activity: 1008
Merit: 511
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Investing in Bitcoin has never been so wrong because it has so much to offer in the future and if you ever bought Bitcoin during it's high peak and seeing the price now makes you feel that investing in Bitcoin is big a mistake, well you are totally wrong because you just made a poor judgement or bad decision that time. Bitcoin is still undervalue so holding it now is the smartest thing to do.
sr. member
Activity: 714
Merit: 252
If you have invested when btc was at 19k then maybe you have done a mistake because you have lost returns of those 5 precious years when btc is in bear mode but if you have invested anywhere near 10k mark then there is no problem we will soon surpass that mark.
sr. member
Activity: 560
Merit: 250
You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

 A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...

 What will be your response to this question?
NO ONE HAS DONE ANY MISTAKE INVESTING IN BITCOIN. Trust me bitcoin is a life changing technology and today or tomorrow it will surely go up and break 20k. 20k is just a last high and we have big mountains yet to come after this.
newbie
Activity: 74
Merit: 0
If you have invested in bitcoin you should understand that you have made the right choice and will reap the benefits of your decision in the future
hero member
Activity: 1400
Merit: 571
If you choose to invest in bitcoin, in my opinion is the right choice and most importantly you have to study it first and understand it well and about bitcoin because digital assets are very volatile and prices can change significantly.
it's about investing and there will definitely be risks, most importantly you make purchases and sales at the right time so you get a profit.
I think, every time we invest there will certainly be a risk. I agree with you we must do the risert and learn before you start investing or trading.

We can't just go run with a blindfold on and entrust our lives in luck, that is a very stupid way on making our lives a successful one. Investing in bitcoin is never a mistake and will never be a mistake, we are the only one who could make the mistake and put the blame on bitcoin. The problem we have is that if we buy bitcoin in a higher price and then it goes down after a week, we automatically came up to a conclusion that we made a mistake, well, no it is not.

The market unpredictability will make you to commit a mistake, like panic selling, the most never ending scenarios for newbies and for those who lost their faith in their coins that they were holding.
jr. member
Activity: 236
Merit: 1
I think it's a golden time for investing in bitcoin there will be huge price swing in the next 10 years. If you investing with a long-term prespective, I think then you don't have to worry about what people are talking about. Everyone has his own fears.
full member
Activity: 223
Merit: 116
Investing in Bitcoin is one of the most intelligent things that you've ever done with your money. I can't think of a better investment!! Well, what else did you consider investing in? The stock market is peaking and is going to crash soon under the terrible leadership of Donald Trump. once he ruins that country, people will flock to bitcoin because they'll know that it is the truth and the future.
Your statement is very puzzling. How can a President who puts America First not be in the best interest of that country?
sr. member
Activity: 1344
Merit: 270
No you did not make mistake with investing in bitcoin, you increase your money with bitcoin investment with less rink and big profit than you want to increase your money with other investment, bitcoin investing become profitable and faster way to earn money as do you want, how much profit do you get bitcoin investing become your solution and you can sleep well with bitcoin investing never can't be stop to earn profit.
newbie
Activity: 14
Merit: 0
it can never be a mistake to invest in bitcoin, as of now, more and more people are getting involved in crypto which is making the market more and more volatile, i would've understood this if you said this for some alt coins, but bitcoin no, it is a very good investment option for now.
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
If you're looking for a cheerleading squad to make you feel like you made a good decision, you've come to the right place.

Personally, I think BTC has some issues that could prevent it from growing further. Mainly 1 MB blocks and Proof of Work.
sr. member
Activity: 742
Merit: 251
No, you didn't make the wrong decision, but if you think investing in bitcoin you will become rich very quickly or make a lot of money, then I would say that you made the wrong decision. To gain from Bitcoin requires a lot of patience.
member
Activity: 558
Merit: 11
umachit.fund
A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
 The recent market setbacks have brewed a very big question in the minds of new investors...
Yes, a lot of people invested in bitcoin and gained profit from it but right now many things changed so first understand this than invest in it.
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