When we enter this market, we all know that there is high speculation and that there are many risks, it is common for people to say that you must invest the money you are willing to lose.
Consider whether it is good or bad to invest in Bitcoin or any other cryptocurrency is subjective, because right now there has been a decline, but what will happen in 2 or 6 months? We do not know, the price can be $ 4,000 or $ 40,000, so time is a critical factor in investments.
I consider that BTC is going to recover and will soon be above $ 10,000.
Topic: DID I MAKE A MISTAKE INVESTING IN BITCOIN? - page 5. (Read 5132 times)
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?
It depends on what time you have invested. If you invested at the ATH price i.e 20K then you had taken a bad step and you need to wait long. But if you invested around 10K then a good time will come sooner.
And if You can ignore the price and just have the mindset that you have chosen a great technology to invest then there is no question of any mistake.
No.
Well yes, I mean, you did a mistake when bought digital cipher garbage with your real money. But that is not investing. That is being connected to a milking machine.
Please do not forget: almost non-existing market can not set back. Fictive transactions completely dominate this "market." You should find the relevant information easily on Google.
Well yes, I mean, you did a mistake when bought digital cipher garbage with your real money. But that is not investing. That is being connected to a milking machine.
Please do not forget: almost non-existing market can not set back. Fictive transactions completely dominate this "market." You should find the relevant information easily on Google.
It's funny that all those who criticize Bitcoin are usually newbies with no experience and no knowledge.
How can a transaction in the blockchain be fake? Even if it's not sent by a person but some bot it's still a real transaction with fees being paid and money moved from one wallet to another. Banks are doing it every day but they just move numbers in a database with no real money moved.
In your other posts in another thread you call Bitcoin a "scheme". For it to be a scheme there would have to be someone taking profit and controlling it. You have no idea what a scheme is.
If you can balance the increment of bitcoin that you have for half can be used as fiat currency, then it would not hurt you can open a business that can benefit you in the future that is a very good stability in future investments, but if there is no balance then very difficult if you see the dryness of all the bitcoin / altcoin markets ...
Balancing is very important as there's fluctuations around volatile nature of this market, if you can take the part of your profits and divert to another business while holding the other half then the chance to survive is much higher. Investors learned from the past and now being wise
to carefully analyze the opportunities that they can get from the market then divert to another investment to keep the cycle alive.
If you can balance the increment of bitcoin that you have for half can be used as fiat currency, then it would not hurt you can open a business that can benefit you in the future that is a very good stability in future investments, but if there is no balance then very difficult if you see the dryness of all the bitcoin / altcoin markets ...
I would rather not hold bitcoin or altcoin for too long. Actually now we just need to change the strategy so we can take advantage. So now it's better if the coins have gone up we have to sell them quickly, if not they will move to go down again. At present the market is a little difficult to predict, so I cannot guarantee holding a crypto for a long time will be profitable.
Depends on the crypto itself - store of value like BTC behaves differently than altcoins, as well Litecoin thanks to its halving this year behaved differently. As well maybe we are going to the point, where different types of cryptos are used for different purposes, not as many people see now - most of them as an investment, but rather as a tool for specific function?
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?
Interestıng questıon...
I was reading the title to this forum and wanted to share something I noticed as i was browsing Bitcoin. Feel free to comment on this and let me know your thoughts perhaps. https://highworthcitizen.com/btc-may-hit-over-25000-by-2021-says-analyst-that-predicted-btc-to-6700/
DID I MAKE A MISTAKE INVESTING IN BITCOIN?
Ask yourself did you regret investing in bitcoin? You're the only one who can answer this because we have different experience and different time on when we started investing.If you invest early the time btc is still very affordable few years ago then you might also experience the bull run 2017 and earned. As a long term holder I experienced the ups and down of the market so seeing the price right now is a normal scene to me. I am more interested on what could be the future of btc and blockchain hence I dont have regrets investing in crypto.
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?
Buying bitcoin is not that you buy today and get rich overnight. Patience is the key to have a good profit in the future. Today, bitcoin is at downtrend so it is good to buy bitcoin now and if you have long patience then wait until bitcoin value gets in an uptrend again and sell. Investing in bitcoin is also with analyzation and I don't think there is a mistake when investing because it is really up to our decisions and instinct. 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 can make an investment on bitcoin by buying it at a low price and keeping it for a long time when Bitcoin grows high, you can sell to profit from its growth value.
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?
Buying bitcoin is not that you buy today and get rich overnight. Patience is the key to have a good profit in the future. Today, bitcoin is at downtrend so it is good to buy bitcoin now and if you have long patience then wait until bitcoin value gets in an uptrend again and sell. Investing in bitcoin is also with analyzation and I don't think there is a mistake when investing because it is really up to our decisions and instinct. 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 having second though about investing then your in a big trouble , investments take time and too risky for people who can't wait because they are monitoring it day by day which is not recommended, also investing should consider tltwo things
can you take the loses
and how much are you willing to invest
can you take the loses
and how much are you willing to invest
Yep if you are the type of people to check every hour and be sad if you lost some money, maybe you should start with the "normal " market it will be easier and more stable.
When you win some self control, you can go back to the crypto world
If you are having second though about investing then your in a big trouble , investments take time and too risky for people who can't wait because they are monitoring it day by day which is not recommended, also investing should consider tltwo things
can you take the loses
and how much are you willing to invest
can you take the loses
and how much are you willing to invest
No
OP does not have anything wrong on what he did, market is unstable that is why it actually happen,prices in bitcoin are volatile as well as the altcoin so therefore better to read and study the patterns, it is not pure luck or what , determining bitcoin price is needed also in order for you to gain.
The only thing newbies should recognize is to tell the difference between a profitable market or not, good time to sell or not, and good time to accumulate or not. Basically, we, small bitcoin investors are aware that there are many techniques to use such as market analysis, technical and fundamental analysis of the graph by crypto, and with that, we can ensure profits. But with the basic knowledge of knowing when to buy and sell would do, if you are mainly a hodler. So the more you spend time in trading, the more you need to understand the market.
not so far but you never know in the near future
I would rather not hold bitcoin or altcoin for too long. Actually now we just need to change the strategy so we can take advantage. So now it's better if the coins have gone up we have to sell them quickly, if not they will move to go down again. At present the market is a little difficult to predict, so I cannot guarantee holding a crypto for a long time will be profitable.
OP does not have anything wrong on what he did, market is unstable that is why it actually happen,prices in bitcoin are volatile as well as the altcoin so therefore better to read and study the patterns, it is not pure luck or what , determining bitcoin price is needed also in order for you to gain.
The only thing newbies should recognize is to tell the difference between a profitable market or not, good time to sell or not, and good time to accumulate or not. Basically, we, small bitcoin investors are aware that there are many techniques to use such as market analysis, technical and fundamental analysis of the graph by crypto, and with that, we can ensure profits. But with the basic knowledge of knowing when to buy and sell would do, if you are mainly a hodler. So the more you spend time in trading, the more you need to understand the market.
Bitcoin prices are volatile, down and up are crypto traits, so when we invest, in my opinion if you have held back long enough and the price has gone up, why not sell it right away, especially if you sell at the highest prices in 2017-2018, you will definitely it's been fortunate a lot.
In my opinion now bitcoin has gone up little by little if you buy it in 2018 mid to the end.
OP does not have anything wrong on what he did, market is unstable that is why it actually happen,prices in bitcoin are volatile as well as the altcoin so therefore better to read and study the patterns, it is not pure luck or what , determining bitcoin price is needed also in order for you to gain.In my opinion now bitcoin has gone up little by little if you buy it in 2018 mid to the end.
Or just buy and wait, two different strategies even if holding is much more dangerous in the cryptomarket. And if you have a big part of your money in alts out of top 10 be prepare to lose everything
Bitcoin prices are volatile, down and up are crypto traits, so when we invest, in my opinion if you have held back long enough and the price has gone up, why not sell it right away, especially if you sell at the highest prices in 2017-2018, you will definitely it's been fortunate a lot.
In my opinion now bitcoin has gone up little by little if you buy it in 2018 mid to the end.
OP does not have anything wrong on what he did, market is unstable that is why it actually happen,prices in bitcoin are volatile as well as the altcoin so therefore better to read and study the patterns, it is not pure luck or what , determining bitcoin price is needed also in order for you to gain. In my opinion now bitcoin has gone up little by little if you buy it in 2018 mid to the end.
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