DID I MAKE A MISTAKE INVESTING IN BITCOIN? - page 14.

iMark

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Quote from: skyline247 on October 01, 2019, 04:16:32 PM

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.

Yeah I know that, you won't realize it until you do it yourself and earn profit by yourself. there is no investment as profitable as you can get in bitcoin, the price can rise several times, which investment can have such a crazy change?

if you want to be rich, you're not wrong choosing bitcoin as your investement. after the stock market weakens, many people will definitely glance at bitcoin, and that will be your advantage as an early user.

Machine Funk

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Activity: 144

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It is just your negative self-conscious taking over and it happens to everyone. No matter what choice we make we will worry if the opposite choice is not a better one.
I think it is a human survival technique. If you want to succeed you have to push through that though.

octomob

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No. Nobody does.
Actually, it depends if you your estimation. If you expect on 1-2-3 years, your expectataions are may be not wrong, but better expect growth in 20-30 years. If you think this way, invest, and your patience will be rewarded. My own opinion, i don't pretend to be thruthful.

hypersonic1

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Endless Horizons!

Bitcoin is built by the numbers to resist other forces in the market. The fact that they had to make cahs settled futures and now options to try and slow its ascent is a big part of that. when the halving hits next may I for one definitely want to be stacking my sats. if I could have 5-10 BTC by then I would be happy.

karanggatak

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Activity: 1106

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it is wrong if you invest in bitcoin to make profit as fast as possible. basically, all of investation need to be patient, and some people know that bitcoin is the best investation and can make you rich in a short while in a fact its not true. bitcoin is like the other investation, need take a breath and maybe for some people they can take big jackpot.

todiboa

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Quote from: Excell110 on October 01, 2019, 03:50:53 PM

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?

If you choose the right opportunities and companies in which to invest, then everything will be okay. Investing in Bitcoin is very profitable even during the beginning of the bear market.

qwertyup23

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Quote from: Excell110 on October 01, 2019, 03:50:53 PM

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?

What is your basis for saying that investing in bitcoin is a mistake? Have you suffered a loss or is your investment far from reaching the price beyond the initial price you purchased it?

There are factors you need to consider before investing in cryptocurrencies. Unlike other investments that does not require time and effort after purchasing, investing in bitcoin is a high-risk high-reward type of investment where it requires you to diligently check the market, do some research, and consider the external and internal factors affecting its price.

partysaurus

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Activity: 574

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Quote from: Akiko on October 05, 2019, 12:32:30 PM

Quote from: Blackdeath on October 05, 2019, 10:06:55 AM

Quote from: Excell110 on October 01, 2019, 03:50:53 PM

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?

For me, you didn't make any mistake. When investing in bitcoin it is like your patience are being tested. When you want to invest you just need to know that bitcoin is very volatile and it is not a quick way to become rich. Just learn everything on how it works and you will realize that you are not making any mistake.

the patience is really needed mostly if you invest in crypto currency Bitcoin is not quick to rich scheme that can give you profit every time you invested.

It would be alot healthier if more people looked at bitcoin this way that its a long term investment. if you hold btc for atleast 5 years im pretty sure you would make some money. maybe not the millions people dream about , but atleast get more then you invested.

zeingrind777

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Quote from: Excell110 on October 01, 2019, 03:50:53 PM

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

What will be your response to this question?

you must understand, what you really want to invest in Bitcoin? what is the future or only money!!
if you only invest your money in Bitcoin then I can say you made the wrong choice, but if you invest the future in Bitcoin then your choice is right. Bitcoin is a long-term investment, don't expect you to be rich next month. believe, in the next 2 to 5 years Bitcoin will be worth more than today

Fides-exchange

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I Would say buying Bitcoin needs to be considered a long term investment in not just the BTC you buy but in the quality of life you would like to have.

BTC is just over 10 years 9 months old as I tend to see the January 3rd date being BTC's Birthday.
BTC and the Cryptocurrency Ecosystem is currency 2.0 and Assets 2.0 compared to "Cash" and "Stocks"
There are many stinker ALTS still but that's part of the Laboratory of altcoins to test out new ideas and new theories.
The next 9 - 39 years for crypto are going to ever more revolutionary for crypto than the 1st 10 years have been in my opinion.
We'll have mass adoption in that time though many people won't be realizing they are using crypto.

Akiko

full member

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Quote from: Blackdeath on October 05, 2019, 10:06:55 AM

Quote from: Excell110 on October 01, 2019, 03:50:53 PM

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?

For me, you didn't make any mistake. When investing in bitcoin it is like your patience are being tested. When you want to invest you just need to know that bitcoin is very volatile and it is not a quick way to become rich. Just learn everything on how it works and you will realize that you are not making any mistake.

the patience is really needed mostly if you invest in crypto currency Bitcoin is not quick to rich scheme that can give you profit every time you invested.

bitzizzix

sr. member

Activity: 2366

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Enjoy 500% bonus + 70 FS

Quote from: HatakeKakashi on October 05, 2019, 08:20:21 AM

I think you did not made a mistake if you invested to the bitcoin when the value is very low but many people are do mistake because the time when they invested is not the right time or the price is very high. But if they wait for sure the price will turn back like $20,000 more and they earn even a little profit. But the time for now is good chance to get more bitcoin because it's $8000.

Yes, I agree with you and bitcoin is not a fast way to get profits because it is very volatile and although to get profits quickly it can happen, but it all depends on the market situation and you make a purchase at the right time.
and in my opinion now is the right time to invest because the price is experiencing a decline and there will likely be another increase in the next few months.

Blackdeath

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Activity: 910

Merit: 261

★Bitvest.io★ Play Plinko or Invest!

Quote from: Excell110 on October 01, 2019, 03:50:53 PM

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?

For me, you didn't make any mistake. When investing in bitcoin it is like your patience are being tested. When you want to invest you just need to know that bitcoin is very volatile and it is not a quick way to become rich. Just learn everything on how it works and you will realize that you are not making any mistake.

Sithara007

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Leading Crypto Sports Betting & Casino Platform

You definitely didn't made a mistake when you decided to invest in Bitcoin. But that said, you would be making a very big mistake, if you listen to all the FUD that is going around and do panic selling. If you are new to the cryptocurrency market, then it will be better to study the past price movements and bouts of panic selling that has occurred. Managing your assets is even more important than choosing the right asset to invest in.

Since you have made the investment, you need to finalize your target now. If you are planning cashing out in installments, then you can make targets for that also. More importantly, you need to have a stop loss price as well. This will prevent you from suffering very heavy losses. And give some attention to the coin storage also. Keep the backups if you are going for a hardware wallet.

HatakeKakashi

hero member

Activity: 1274

Merit: 513

I think you did not made a mistake if you invested to the bitcoin when the value is very low but many people are do mistake because the time when they invested is not the right time or the price is very high. But if they wait for sure the price will turn back like $20,000 more and they earn even a little profit. But the time for now is good chance to get more bitcoin because it's $8000.

minime0105

hero member

Activity: 1246

Merit: 534

Quote from: Excell110 on October 01, 2019, 03:50:53 PM

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?

The important thing to ask is whether you invest for the right reesons.
You see, if you invest to make money in short term. Then the answer will hang on when you invested. Certainly if you invested in January 2018 then, like me you made a mistake.
But if you invested in march 2019, then you are not mistaken.

When you invest for long run, then you don't need to care about small things like this. Just ride it out for sure you will make profit. Then you did not make mistake.

FlightyPouch

sr. member

Activity: 1638

Merit: 300

Quote from: alexsandria on October 05, 2019, 12:42:34 AM

It depends on the person. Why did I say that. It is for the reason that if you are a short tempered person, then obviously it is a mistake for you. Investing in bitcoin requires patience, all succesful people here have waited for years, even their frustrations pile up, they still hodl. Look where are they know.

It is true that as an investor, you should be really patient. But if you are just patient and no nothing of what will happen and what might happen, you might just wait until you want to but you should also earn yourself knowledge about what you are investing in. A lot of people made mistakes and they really regret that and that is when people would be blaming bitcoin, they will be saying that investing in bitcoin is a huge waste of time and it is a mistake putting your money in there since it gave them a huge loss but it is not bitcoin's fault but his.

BelleFra

newbie

Activity: 8

Merit: 0

Quote from: Excell110 on October 01, 2019, 03:50:53 PM

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?

In my opinion, it is necessary to invest but diversify the portfolio. No one will give any guarantees that bitcoin will grow quickly it should be played for a long time. Its emission is limited and this gives hope for its growth in the future. But no one will give anyone guarantees. Its volatility on the swings can last for years and decades. This is my opinion and your business to listen to it or not
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costincty

newbie

Activity: 10

Merit: 0

Quote from: Excell110 on October 01, 2019, 03:50:53 PM

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?

You need to have a well-known skill. Something that most of them ( new investors ) wish they had it. It's called... HODLING.

Astvile

sr. member

Activity: 1484

Merit: 276

It can be two sides, it can be a mistake and can be a benefit. First of all, how investing in bitcoin can be a mistake? Investing in bitcoin will just be a mistake if you just go in without knowing a thing about bitcoin and you don't have any idea how investment in bitcoins works. It will be a benefit if you know what you are doing before you invest your money in it.

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