Topic: DID I MAKE A MISTAKE INVESTING IN BITCOIN? - page 17. (Read 5142 times)
Now, before allowing anyone buy bitcoin through me, I sit them down and make them write down the risk associated with bitcoin investment as regards it high volatility. If they are comfortable with it, I help them out. This decision I took because of 2017 crash which saw my portfolio and that of my student went down. So I ensure no one is told any lie.
Making a bitcoin investment is not easy. At least you should make proper market research before making any investment. I don't think now is a good time for starters to invest in bitcoin because the cryptocurrency market is unstable, no one knows what would happen tomorrow. It's better to invest in bitcoin when the market is less volatile.
Yes he should first research before he invest in something, if he want to learn he should atleast learn how to invest what he can afford to lose, well I see that he does not learn this one, he need more patience and need more knowledge regarding crypto world in order for him to realize and learn. The first mistake you will do is if you invest on a thing that you did not study or research before you put your money to it. 
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 are newbie here in crypto world and invest a huge amount money i think it is not a good idea, because right now the price of bitcoin is still not stable but i think you still made a great decision on choosing btc because btc is still the best among the rest of cryptos. 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 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?
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?
only if you expected to invest , say , 50.000$ at 10k , then wait a month , sell at 11.000$ and be happy with that
then this would be a mistake , since investing in bitcoin should be considered a longterm investment with very volatile periods
it is not uncommon for bitcoin price to fluctuate 10-50% , some price drops can be really disheartening
but if you are in for a longterm , bitcoin investment is one of the most profitable
it made 100005 + in several years and the chances are it can make even more in all of the years to come
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?
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?
Making a bitcoin investment is not easy. At least you should make proper market research before making any investment. I don't think now is a good time for starters to invest in bitcoin because the cryptocurrency market is unstable, no one knows what would happen tomorrow. It's better to invest in bitcoin when the market is less volatile.
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?
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 asked that question then you have not done proper research and you are not investing right if you are not confident in your self it will reflect on your attitude on investment, so never ask that question and if you are going to ask that question then you sell your Bitcoin and cut your losses and only come back if you are confident enough to accept every situation that comes along
I don't think at this point anyone should be worried whether or not investing in bitcoin was/is a good idea. I think we have legit passed that stage now. It is no news that Bitcoin is the ultimate coin in the cryptocurrency industry, and it is safe to say that it is one of the top rated, and as a matter of fact, safest coin to invest in.
I'll answer with my position now who can be say as investor bitcoin although I just store a little money on it but I have comfortable feeling.
You didn't do mistake when you choose bitcoin as your investment place, even I would say bitcoin is one of the promising place to be choose as a tool to storing your money.
Although, you will find some people who say bitcoin is as a way to double money quickly but I just give you a suggestion don't make it as a benchmark.
But made it as a reference to keep your positive behavior when bitcoin price going down so as you will be safe to make a stupid decision when you seeing it.
I have done that so far, so as when panic selling coming up I just calm down and let it happened.
You didn't do mistake when you choose bitcoin as your investment place, even I would say bitcoin is one of the promising place to be choose as a tool to storing your money.
Although, you will find some people who say bitcoin is as a way to double money quickly but I just give you a suggestion don't make it as a benchmark.
But made it as a reference to keep your positive behavior when bitcoin price going down so as you will be safe to make a stupid decision when you seeing it.
I have done that so far, so as when panic selling coming up I just calm down and let it happened.
There's nothing wrong with investing in Btc. Actually, at this point, there's no better market where you could invest the funds.
I didn't make a mistake investing in bitcoin, and I don't have to regret it. But I don't know with the other people because we have a different time to investing in bitcoin. Some of us are investing in bitcoin when the price is very low, and the other people are investing in bitcoin when the price at a very high. So no matter how they invest in bitcoin, we cannot blame them. That will be their decision to invest in bitcoin, but after all, they didn't make a mistake too.
Just to be clear all the people who have made a fortune or a sizable amount from bitcoin haven't started yesterday or last year or whenever the price started going up, they have invested and supported bitcoin since the early days,they stayed with it and believed in its cause though the bad times and the good times, so if you say that you made a mistake when you invested in bitcoin just because of a minor set back than this is not for you, bitcoin requires patience and a nerve of steel and if you stick with it it will reward you.
Of course you don't, stop thinking that way. In every business or in every investment, there are ups and downs, there are risks and that's natural. Bitcoin investing is not different from them, maybe we can say that it was a little bit more risky because of the volatility but nonetheless it's the same. Keep in mind that the place/thing you are investing in is not an issue as long as it is legit, the future of your holdings still depend in your hands — on the way how you manage it.
Not yet make mistake with investing your money in bitcoin, maybe you buy bitcoin in $8k you can sell next month with higher price above $10k and more, you get much profit with your bitcoin investing.
Well that depends on your on time when you invested on bitcoin early well your investment isn't a mistake but if you invested after the epic bull run and you managed to hold up this day well i think i think that 3000 usd profit is still good anyway, do not think that investing on bitcoin is mistake just hold on your bitcoin no matter what since the supply decreases every 4 years so, the price will rises (law of demand and supply).
If you invested in bitcoin to gain a quick profit from it then you made a mistake. Bitcoin will not make you rich in just a snap. I believe that bitcoin should be treated same as money which should be used for convenience such as buying/selling goods and services, to transfer funds and etc., and not just a mere investment tool. That is one of the reason why people despise crypto they invest over night and think they are rich when they wake up.
Never ever Bitcoin investment like as mistake in any moments. I don't think you have taken wrong decision to invest in BTC. But as a newcomer you have to research before in any investment. I don't know how many days you kept hold. But i don't prefer long term holding. Your own money and you have to make own decision. Everyone never will be get profit from BTC. But now BTC price good dumped so this is good opportunity to investment here.
I wish that people stop looking at Bitcoin as a "short term quick money tool". Because it isn't that.
If you expected to become rich over night with small investment, then yes, you've made a mistake.
Bitcoin is most profitable on long term and you need to set up realistic goals that you will not give up with firts signs of bad situation in the market.
If you expected to become rich over night with small investment, then yes, you've made a mistake.
Bitcoin is most profitable on long term and you need to set up realistic goals that you will not give up with firts signs of bad situation in the market.
Anyone can participate in the BTC investment, it does not require holder information, for everyone in the world! However, BTC is not safe for your profits, with strong fluctuations every day, you need enough wisdom to make your own profit.
Quote
DID I MAKE A MISTAKE INVESTING IN BITCOIN?
Bitcoin is worth to invest with! therefore you are not wrong in putting money there.
What is the common mistake of many people is the price of BTC when they enter or bought the coin.
This is a very important thing, so i advise to many people who will invest but new in this cryptocurrency.
Also, do study them first and the market before putting any money here.
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 did not, well if you thing that you made a mistake by investing in bitcoin, why did you invest in the first place.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 something you should not regret. It is something to look forward.
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