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.
Topic: DID I MAKE A MISTAKE INVESTING IN BITCOIN? - page 6. (Read 5142 times)
the fault is when you decide something without knowing what you are doing. basic knowledge is important, dont be careless, or just imitating what is going on in this world.
And also when you do not have faith in something or a plan. If you bought at 10k and think it will go to 20k why not. People don't like to wait in our society and it's worse when money is involved ..
the fault is when you decide something without knowing what you are doing. basic knowledge is important, dont be careless, or just imitating what is going on in this world.
OP created this thread on October 01, 2019 and on that day the price was $8300 and knowing that from May to October the price ranged from $8000 to $10,000 I can assume that OP bought when the price was over $8000 and currently the price is at $7200. This means that it is likely that the OP is at a loss today. Well, this is a risk that comes with investing in bitcoin.
Investment in bitcoin good idea but remember it you need long time planning with until back good market situation. Actually my all friends already take investment in bitcoin for upcoming year 2020 profitable chance.
Value investing on cryptocurrencies that too on Bitcoin you should not think like that because all the time Bitcoin price will boost their investors and traders who really believing BTC going boom.
So so you can do hold as much as possible unless and until you see halving effect next year.
So so you can do hold as much as possible unless and until you see halving effect next year.
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?
I think investing in bitcoin was always a risk in a lot of ways also if you are smart enough I think if you invest in bitcoin when the market price was in a low side it was already a great opportunity that you invested in bitcoin but also in my opinion bitcoin was always a great investment since bitcoin was always good investment for long term because the bitcoin was already getting popular in the market, 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?
This is the question that repeats always when Bitcoin price goes down. But every user has to be aware that Bitcoin price dump is normal part of Bitcoin volatility and it can't be avoided. That doesn't mean that investment in Bitcoin is mistake, just that it has certain risk you need to handle.
Does the timing matter? absolutely, yes. If someone tries to buy a bitcoin and it fell fown the next day would you consider that as a mistake? NO. Investment is not a 100% guaranteed to the investor, that is the basic definition of investing. Even if the bitcoin is down for a long time giving you -60% , that does not mean that you did wrong it just the timing of investing since the market is speculative you did just time your investment in a low prospect.Sometimes you will lose, sometimes you will win and that is why Bitcoin is best investment on long term.
Investment does take a long time and a minimum of a few months to get a profit, and it will be more profitable to make a long-term investment that requires 1 or 2 years or more and all depends on the value of the price required.
bitcoin will be more profitable if you invest without a time limit and must have strong patience and it will avoid worries and panic when bitcoin goes down, there is nothing unprofitable to invest into bitcoin if you really understand and learn bitcoin well.
bitcoin will be more profitable if you invest without a time limit and must have strong patience and it will avoid worries and panic when bitcoin goes down, there is nothing unprofitable to invest into bitcoin if you really understand and learn bitcoin well.
If you picked correct time to invest in Bitcoin after doing your own research, analysis, understanding about it then I don't think you did any mistake but if you're willing to be rich in one night with this decision then this could be your mistake it's all about to have patience and confidence.
This is the question that repeats always when Bitcoin price goes down. But every user has to be aware that Bitcoin price dump is normal part of Bitcoin volatility and it can't be avoided. That doesn't mean that investment in Bitcoin is mistake, just that it has certain risk you need to handle. Sometimes you will lose, sometimes you will win and that is why Bitcoin is best investment on long term.
If one has been patiently following bitcoin, the result has always been very impressive, whenever it falls, it will always pull a greater surprise. Just that sometimes a greedy holder won't want to sell because of FOMO, when the price gets corrected, one will started thinking otherwise. I will prefer a long term investment in bitcoin than waiting for few days or weeks to cash out.
If you want to invest in this market in the long term. At least 2-3 years, you can buy BTC and hold, this market is in crisis so it is difficult for you to make a profit in the short term, but in the long term everything will be the opposite. And be careful when you want to invest in this market, never listen to investment instructions from others, because no one knows exactly how the market is doing. And you may lose all your investment
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?
I was asked by this kind of questions several times by my friends who are new in investing in Bitcoin, and I understand that they are still in a stage where they might lose all that they've invested, I just talk to them in a relaxed way and show them proves that it will eventually recover and show them proves that it is normal and it will recover, my friend has done that to me when I was just a newbie and asking similar question.
Let's remember that we lose already if we already sold our Bitcoins at lost, but if not yet, then it's not yet the end, we can still earn and benefited from it.
My friends also questioned me that, they think that I was scammed by Bitcoin and they felt sorry for me, what they didn't know is holding is just one of my source of income, what I am investing came from the fruit of my profit, so I won't lose anything, but I don't want to lose this chance to take risk.
It totally depends on anyone's circumstances under which he invested. If you have better options then this and you didn't avail that it's a mistake. But if you don’t have any other such opportunity then how can you say that you have made a mistake.
In any trading buying price is the main factor to decide how your trading will go. Those who buy when market is running like a horse are mostly in loss and regret.
In any trading buying price is the main factor to decide how your trading will go. Those who buy when market is running like a horse are mostly in loss and regret.
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?
I was asked by this kind of questions several times by my friends who are new in investing in Bitcoin, and I understand that they are still in a stage where they might lose all that they've invested, I just talk to them in a relaxed way and show them proves that it will eventually recover and show them proves that it is normal and it will recover, my friend has done that to me when I was just a newbie and asking similar question.
Definitely No. People have asked this question from time to time but answer was never Yes. You can see the growth and popularity of Bitcoin over the years and we know that every dip is a platform for a new upward movement. Hopefully, we will see exponential growth this time and become something on the global market.
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?
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.
If you chose to invest, it's a gamble, not a mistake. So many crypto millionaires have been made from HODLing bitcoin, but no-one can predict the future - never trust the prediction forecasts. If you invest in Bitcoin, just assume a 50/50 gamble.
-seen-
I think if you invested in bitcoin at a low price in the market compare to the past month price of bitcoin the market price today was low playing in 7000$ - 9000$ in the past months the market price of bitcoin,It was a good opportunity to invest in my opinion since the market price of bitcoin was low and when the market recovers it is surely a good profit earn.
You need to study the bitcoin market price if you want to invest so that you could easily invest in bitcoin.
There is no "if" when we need to answer on this question. We did not made a mistake investing in Bitcoin, maybe we invest
in wrong time, maybe we could buy at lower price, but maybe that will not be so important when Bitcoin rise a lot in the future.
We invested in Bitcoin and we support crypto-currencies. That is not a mistake, we are progressive people with a clear vision
of the future.
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