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Topic: DID I MAKE A MISTAKE INVESTING IN BITCOIN? - page 15. (Read 5142 times)

sr. member
Activity: 1596
Merit: 335
I had that kind of question when I started investing with Bitcoin. The dip is quite frustrating sometimes but if we'll look back in the history of bitcoin, we could notice that long hold is the best decision that we can do to gain a good profit. Investing with Bitcoin could only be a mistake if you don't have patience.
sr. member
Activity: 896
Merit: 268
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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.
sr. member
Activity: 868
Merit: 333
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 feel doubt about in Bitcoin even a little bit, I could say that you are making a mistake investing in Bitcoin.
Because earning it is not just an easy things as what others thinking. You need to accept things once you decide to invest
in bitcoin, if you use in a wrong way you could lose you chance to earn it. But if you do the right things to use it accordingly,  I can
guarantee you that you can earn good in the end for sure in bitcoin.
OP seems to be worried for the sudden decreased in price of bitcoin. But everyone is actually worried, but as we said, profit does not happen overnight and it takes a lot of time before having a profit. Good things come to those who wait, OP didnt make a mistake, waiting for the market to recover will take time. We all know that a few months later, it will start to recover from now.

That is normal if OP feels worried, but he can manage his feeling to stay calm. I am sure OP can be patient like other people because the patient is needed in waiting for the price back to the higher price. As long as he can hold his coin, he will make a profit, and maybe the market will change this month. So there is nothing to worry about or afraid, just follow the market moves and enjoy the ride. We all now have the same experience in waiting for the market back, and we have time to see the profit.
It is indeed normal, but for some other people, they became paranoid because of this sudden changes in price. That's the common problem to new holders of bitcoin, they don't know how to become patient. Making everything in rush, all they think is they will earn big profit once they have invested in bitcoin.
legendary
Activity: 2492
Merit: 1145
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In my opinion, investing in bitcoin is the right decision. But it is necessary to be patient and not listen to any fake analysts who doesn't understand this sphere properly, but that constantly advise everyone to risk their funds.
To be clear, Investing bitcoin at the right time is the right decision. Doing some research on different trusted sources can help you gain some knowledge on and when to invest in bitcoin. It can decrease the probability that you are going to lose on your investment, risking your funds can drive you to success by doing the right decision thats why gaining knowledge first is important. If you somehow lose it might give you another reason to learn more and to correct the wrong thing that you make.
There is no right time for investing in Bitcoin because if you want to earn a profit you would do it now. Buying and selling will need a right time because it is a part of your trading activities but before all of that one must have the required knowledge to perform the trading with less losses.
LOL, I don't understand your statement, You said that bitcoin has no right time to invest in and after that, you claim that buying and selling needs a right time, I don't really understand your claim. Investing in bitcoin is buying bitcoins and If we are talking about investment, Managing investment is a part of it. Managing investment does fall apart on different things but trading the investment asset is one of the things that needed to be done to have a successful investment specially on the digital assets.
sr. member
Activity: 494
Merit: 250
Everybody wants to be rich in one day. How much was the bitcoin when you invested? This question asks whether you made a mistake in investing. Still too early for bitcoin. It has a long way to go.
newbie
Activity: 8
Merit: 0
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?

Bitcoin is an asset a money surrogate it should be caught at the bottom in the red zone and sold on the rise but this is the most difficult thing its volatility is not predictable. Blockchain technology is interesting. Bitcoin it's a byproduct of evolution
full member
Activity: 602
Merit: 100
Such statements is normal when it come to sudden decline of investment expectations, shortly after investing.  The profitable in bitcoin investment is in HODL and trading.  Then you will be rest assured of gain if you are knowledgeable about the ethics.
hero member
Activity: 2184
Merit: 531
The most recent market setback was a correction that followed a number of big gains. How can you say that Bitcoin isn't doing good if it rose from 4000 to 12000 dollars and then fell down to 8. It's still up two times from it's yearly lows?

I say OP did not make a mistake. We are still in a very early stage. We are smaller than companies like Apple and Amazon and this is something so important that will change the world. Amazon isn't even available in every country but Bitcoin is. Some countries have banned it but you still can get it there by registering in a foreign exchange or getting to know a trader.
sr. member
Activity: 1036
Merit: 275
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?

My first question to you is that how well do you know and understand what investing means?  You shouldn't invest into something just cause people are investing into it. With bitcoin investment, you need to understand the basic factors that influence the changes in the market value of Bitcoin and also the basic principles of cryptocurrency investing...
sr. member
Activity: 2506
Merit: 368
In my opinion, investing in bitcoin is the right decision. But it is necessary to be patient and not listen to any fake analysts who doesn't understand this sphere properly, but that constantly advise everyone to risk their funds.
To be clear, Investing bitcoin at the right time is the right decision. Doing some research on different trusted sources can help you gain some knowledge on and when to invest in bitcoin. It can decrease the probability that you are going to lose on your investment, risking your funds can drive you to success by doing the right decision thats why gaining knowledge first is important. If you somehow lose it might give you another reason to learn more and to correct the wrong thing that you make.
There is no right time for investing in Bitcoin because if you want to earn a profit you would do it now. Buying and selling will need a right time because it is a part of your trading activities but before all of that one must have the required knowledge to perform the trading with less losses.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
In my opinion, investing in bitcoin is the right decision. But it is necessary to be patient and not listen to any fake analysts who doesn't understand this sphere properly, but that constantly advise everyone to risk their funds.
To be clear, Investing bitcoin at the right time is the right decision. Doing some research on different trusted sources can help you gain some knowledge on and when to invest in bitcoin. It can decrease the probability that you are going to lose on your investment, risking your funds can drive you to success by doing the right decision thats why gaining knowledge first is important. If you somehow lose it might give you another reason to learn more and to correct the wrong thing that you make.
newbie
Activity: 44
Merit: 0
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?

Why do u think so?
Only because of rates?
It happenes sometimes
Just wait
BTC will grow anyway again
and you will get your profit 
sr. member
Activity: 812
Merit: 253
●Social Crypto Trading●
It is a mistake to keep your fiat investment  Grin

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?

My answer would be like this. Everything in life has risks, especially Bitcoin. As the old saying goes, "Invest what you can afford to lose" or "Invest at your own risk". I understand how new investors feel when they decide to get into Bitcoin, no matter what amount did they put in.

It's all about changing the perspective by looking on the positive from the negative. Like if Bitcoin falls, they should think of it as an opportunity to buy more or risking it not to see that price again for a very long time.

Before new investors would invest in Bitcoin, they need to be educated and equipped if something happens to its price (whether if it's going up or down in value). Either way, they should be ready (especially their emotions and how to overcome them). Just my two sats.

If you never take risks you will never get a big reward. Risk is good and so is a failure. People fear failure and think they are a loser if they fail but it is not true. Failing is just another way to learn and teach yourself one more way of how not to do something. Nothing happens if you never take risks.
sr. member
Activity: 728
Merit: 250
In my opinion, investing in bitcoin is the right decision. But it is necessary to be patient and not listen to any fake analysts who doesn't understand this sphere properly, but that constantly advise everyone to risk their funds.
sr. member
Activity: 840
Merit: 268
Yes you are mistaken in investing in bitcoin. You are mistaken on your mentality thinking that bitcoin is an instant rich scheme. You cannot be winning all your trades in bitcoin by night. Although that could happen but during a sudden rise.

Remember also that bitcoin is not risk-free. You are risking your own money in bitcoin. So, the thing you should do is study first bitcoin and about its volatility. 
hero member
Activity: 2282
Merit: 659
Looking for gigs
October 04, 2019, 12:52:08 PM
#99
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?

My answer would be like this. Everything in life has risks, especially Bitcoin. As the old saying goes, "Invest what you can afford to lose" or "Invest at your own risk". I understand how new investors feel when they decide to get into Bitcoin, no matter what amount did they put in.

It's all about changing the perspective by looking on the positive from the negative. Like if Bitcoin falls, they should think of it as an opportunity to buy more or risking it not to see that price again for a very long time.

Before new investors would invest in Bitcoin, they need to be educated and equipped if something happens to its price (whether if it's going up or down in value). Either way, they should be ready (especially their emotions and how to overcome them). Just my two sats.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
October 04, 2019, 10:06:00 AM
#98


DID I MAKE A MISTAKE INVESTING IN BITCOIN?


Its about the time you invest into bitcoin, maybe the last ATH, If you can be patient will always make your profit in bitcoin its just about when. As long as your coin is safe then be rest minded, I wish you can take more risk at buying again but at this lower price, it will show you have learnt your lesson. Buy at the dip and sell high, not at the high.
hero member
Activity: 1498
Merit: 586
October 04, 2019, 09:33:39 AM
#97
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?
Investing on bitcoin with your right mindset was never a mistake because you do buy bitcoin to support it and you believe you will earn money. I know many people lose their money because they only think to earn money within a week after investing, if you really want to make money then know how to play with the risk.
Indeed ! We need to have a mindset like that. If we will have a regret in everything that we are investing for, then in the future we will regret the we put our money on it. Market may dump , its normal, sometimes we will lose some of our money because of the dump but we need to endure it and understand. Take the risk and be a long term hodler , soon you will get more money than your invesment.
full member
Activity: 2128
Merit: 180
October 04, 2019, 08:19:08 AM
#96
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?
Investing on bitcoin with your right mindset was never a mistake because you do buy bitcoin to support it and you believe you will earn money. I know many people lose their money because they only think to earn money within a week after investing, if you really want to make money then know how to play with the risk.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
October 04, 2019, 08:11:41 AM
#95
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 feel doubt about in Bitcoin even a little bit, I could say that you are making a mistake investing in Bitcoin.
Because earning it is not just an easy things as what others thinking. You need to accept things once you decide to invest
in bitcoin, if you use in a wrong way you could lose you chance to earn it. But if you do the right things to use it accordingly,  I can
guarantee you that you can earn good in the end for sure in bitcoin.
OP seems to be worried for the sudden decreased in price of bitcoin. But everyone is actually worried, but as we said, profit does not happen overnight and it takes a lot of time before having a profit. Good things come to those who wait, OP didnt make a mistake, waiting for the market to recover will take time. We all know that a few months later, it will start to recover from now.

That is normal if OP feels worried, but he can manage his feeling to stay calm. I am sure OP can be patient like other people because the patient is needed in waiting for the price back to the higher price. As long as he can hold his coin, he will make a profit, and maybe the market will change this month. So there is nothing to worry about or afraid, just follow the market moves and enjoy the ride. We all now have the same experience in waiting for the market back, and we have time to see the profit.
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