DID I MAKE A MISTAKE INVESTING IN BITCOIN? - page 16.

Zeke_23

sr. member

Activity: 868

Merit: 333

Quote from: jcpone on October 03, 2019, 01:53:17 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?

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.

boltz

legendary

Activity: 3360

Merit: 1203

1. When did you bought bitcoin ?
2. I hope you didin't bought what you can't afford to loose
3. What is your investment plan ? Short or long term ?
4. Bitcoin always recovers or at least until now it did.
5. Don't get impatient regarding price and don't panic sell.

This steps could help you to put everything in balance and make a wise decision next time if you panic bought during bull run.
In the long run you'll be fine because Bitcoin is here to stay and only a few % of the world population is using bitcoin so this we're all the early adopters of Bitcoin and Blockchain even if we joined in 2011, 2013 , 2015 or 2019.

minersday

hero member

Activity: 1484

Merit: 535

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

.
DID I MAKE A MISTAKE INVESTING IN BITCOIN?

It can be either yes or no. If you invested in Bitcoin because you heard people or friends talking about it without spending some time reading or researching about it and how its market looks like then you made a mistake investing in bitcoin. You can easily lose your investment capital. But if you understand how the bitcoin market works and understand the patterns of price changes of Bitcoin, it is never a mistake investing in Bitcoin. This is because you will know what to do at any moment in time when the market changes.

ReiMomo

sr. member

Activity: 2366

Merit: 305

Duelbits - $100k Bonus/week

Quote from: ?? on ??

Of course not. Its like about two years since my first btc investment. I gradually selling and buying it until I got the right price. Its better to have part of your fund to be invested in btc rather than nothing at all. You can diversify your assets to be able to grow it whichever it may flourish.

But you forgot to understand how risk possible happens is. Investing in bitcoin is not a mistake decision, despite this is a good opportunity, but as I say you need to know how risky it is. Well to those people who are new to bitcoin it's normal to be afraid but in the long run, you'll be able to get used to it. Bitcoin is not like fiat. Its value is volatile so it may rise or fall from time to time. All you need to do is to patiently wait for its value to rise up again.

cherryganda

full member

Activity: 728

Merit: 131

You are on the right track on investing to bitcoin.
YOU are not just investing on it but for the good future we will have.
This is the new currency that will adapt worldwide. You might be wrong in the time and price you entered on investment.

Sithara007

legendary

Activity: 3346

Merit: 1352

Leading Crypto Sports Betting & Casino Platform

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?

Bitcoin is a very high risk investment option. There is a good chance that your investment can give you 10x or even 25x returns within less than 3 years. But at the same time, there is an even greater chance that your investment may become worthless within the same duration. You might have researched about the risk factor before making this investment.

One thing I have told to those who wanted to invest in Bitcoin is that they should invest only as much as they could afford to lose. I have seen a few threads here, where the users were claiming that they sold their house and invested in Bitcoin with whatever they got from the sale. I would never condone such actions. On the contrary, I would say that no more than 10% of your portfolio should be made up of Bitcoin (not applicable in case you had initially invested a small amount and later it grew to a large portion of your portfolio).

jhonjhon

full member

Activity: 1316

Merit: 126

Investing in bitcoin is never a mistake because it can provide you a fortune but please know that you can’t get rich with bitcoin overnight. It is not like Ponzi scams that promise investors high returns in a short period of time. Bitcoin market is very unpredictable and it takes patience. Patience not only in understanding the advantages and disadvantages but also patience with the price trend that fluctuates almost every hour.
Bitcoin is the best long term investment for me, we may see now that it is around $8k but I know in the coming days, weeks, months or perhaps a year, it will again rise up.

dessyhodin97

newbie

Activity: 138

Merit: 0

please man, that shouldn't be a thought. investing in bitcoin should be one of the best choices you've made in your life's career. you're gonna have a bright future ahead of you

bitcoinst

hero member

Activity: 1708

Merit: 651

SmartFi - EARN, LEND & TRADE

It all depends on your position on this account and the entry point. If you are an early investor in bitcoin, then you have already multiplied the invested profit many times.
If it’s late, then as bitcoin develops, you can also get rich, provided that you have enough time and patience to wait for the right moment, because Bitcoin is not a stable asset.
The overall trend of Bitcoin is positive, I think this alone should say a lot.

Ucy

sr. member

Activity: 2674

Merit: 403

Compare rates on different exchanges & swap.

The answer to your question depends on you... Weren't you aware of the advantages and disadvantages of investing in Crypto and still went ahead to invest? If yes, why then are you asking this? You know the price goes up and down. If no, why did you invest in the first place without knowing how it works?
I would advice that you know how the market works in order not to be afraid or worried.

Tonteus

newbie

Activity: 74

Merit: 0

If you are not sure whether to invest in bitcoin or not, you better not do it, you may regret it

yoseph

sr. member

Activity: 868

Merit: 266

Most people invest into bitcoins because they heard about the success story of someone making an enormous profit after their investment, they therefore rushed and buy a huge amount of Bitcoins and hope to see their profits rising in the shortest possible time but that is not the way that it works reaping the benefits of investing into cryptos takes time and a lot of patience and if you are an investor wondering if you made a mistake then i will say that you have to be patient.

Inkdatar

hero member

Activity: 1582

Merit: 523

If you have a time make a research all about bitcoin, it’s feedback from the users so you will know it’s benefits. If you read some statement about bitcoin from others you will understand. The fact that price is volatile still we could earn from bitcoin. You did not make a wrong move in investing in bitcoin if buying at this time still you can earn if you can wait for the increase of price. If in doubt do not invest yet gather some information about btc.

Btcvilla

sr. member

Activity: 1078

Merit: 270

What your question as a joke, how come your investing in bitcoin become mistake. You have save your asset safety than you hold or save using money in the bank, with bitcoin your money always growing every day depend on how bitcoin price always grow up and higher. Never disappointed about your motivation to keep money in bitcoin.

Palider

hero member

Activity: 1273

Merit: 507

No, you did not make the mistake of investing in bitcoin. The only mistake you make is the timing of investing where the price of bitcoin is rising. We should be especially careful when investing money. My advice to those who want to invest in bitcoin is to study its chart and buy at a cheap price. So that we can quickly recover our money due to falling btc prices.

cytpoway121

member

Activity: 1540

Merit: 68

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?

Investing in bitcoin is not a mistake and unless you bought btc at 20000$ and sold at 7000$
There is nothing to regret.

Price vulnerability is constant lately due to bitcoin adoption processes; as bitcoin grows and gets accepted; it will be better and price improved

When investing; ignore today and look to what the future brings

lestherat

legendary

Activity: 986

Merit: 1001

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?

Its all about time, remember years ago some guys was very happy selling his bitcoins at 1 usd, also people who bought at 100 usd thought they make a big mistake,

dont know at what price you bought, but remember, is its all about time, try to average down if you still have some funds, or wait for low price, thing is nobody

really knows how low can go bitcoin or when the price start to go up again, dont be desperate, remember one of the rules of crypto is Buy Low and Sell High.

HODL my friend HODL

Sahyadri

sr. member

Activity: 744

Merit: 266

Quote from: ?? on ??

Quote from: LFC_Bitcoin on October 01, 2019, 03:55:54 PM

Bitcoin is not a get rich quick scheme. It’s still a very young, raw asset. Most of us OG’s have made huge profits but it wasn’t quick. With extreme patience & the power of HODLING comes big rewards.

If you bought today for example & HODL for 18 months it could be the best thing you ever do.

Just don’t expect to buy today & get rich overnight, it doesn’t happen. People with zero patience who’ve read about getting rich quick with bitcoin shouldn’t bother if they haven’t got the balls to HODL through tough times. Nothing good in life ever comes easily.

Most of the people that doesn't have patient and wanted to get rich real quick is the kind of people that are scammers prey. Those kind of people believe in anything as long as it is about making easy money, doubling up their money and so on, and this is the mistake that you OP want to avoid at all cost. Investing in bitcoin is a real deal but be patient enough and trust bitcoin's capability to give you profits.

TBH with such a high volatility, crypto can earn you huge profits if trading is done wisely. Similarly, the high volatility and uncertainity can lead to huge losses. Most of the new traders usually jump in crypto for making easy money because cryptos are being portrayed like this globally. The problem isn't crypto or its volatility. Problem is with the people who know nothing about trading but still jump in. Making money is easy in crypto but for that knowledge is the key which people usually overlook.

jcpone

sr. member

Activity: 685

Merit: 250

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 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.

CarnagexD

sr. member

Activity: 1498

Merit: 374

Leading Crypto Sports Betting & Casino Platform

Investing in bitcoin is one of the best moment of my life and I know once you invest in bitcoin your money is not wasted. Maybe some of investors are now regret because they invested on bitcoin but for me there is nothing to worry or to regret. Hence, in the future they will surprise that bitcoin will become valuable and on that day some of them will have great future and life simply because they invested on bitcoin. Just be happy that you have invested in bitcoin.

Topic: DID I MAKE A MISTAKE INVESTING IN BITCOIN? - page 16. (Read 5142 times)