DID I MAKE A MISTAKE INVESTING IN BITCOIN? - page 7.

Bitcoinislife09

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Diamond Hands 💎HODL

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?

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.

lizarder

hero member

Activity: 1722

Merit: 895

Quote from: Shasha80 on October 31, 2019, 12:02:08 PM

I have the opinion of anyone who invests in bitcoin, I make sure these people are very fortunate and have a lot
bright future. So it is clear from my statement just now that there is a sense that it is not a mistake to invest
on bitcoin. So no need to hesitate if you have more money, please buy bitcoin and hold long-term, in the future
it will yield big profit. But the key you're must be patient.

We certainly need a lot of references to make decisions to buy bitcoin, especially we have to really understand the price limits that can occur in bitcoin, this can make us get a much greater profit than we buy then hold because we don't know when price movements bitcoin will go up and down.

Clark05

sr. member

Activity: 1274

Merit: 263

I think you did not make any mistakes in bitcoin because for sure the money that you invested will grow maybe not today but Im sure they have the right time that your money will become a lot and for sure that day you will be thankful to bitcoin that help your money to grow and for sure you will not any doubt again to bitcoin in investing to this coin don't be afraid if the value of the bitcoin dump it's normal.

FaithInCrypto

jr. member

Activity: 168

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mada mada dane

If you've known Bitcoin for years now, you'll realize that investing in Bitcoin especially in the earlier years would be the best decision you've made. Bitcoin has been improving ever since the crypto began and its rates has been improving well too so I am not sure where is the mistake on that. I've known Bitcoin when it was still at $800 per BTC and it was a mistake on my part that I did not jump with the bandwagon and invested. After just 3 to 4 years look at its rate now at $7k, its rate is more than your favorite bank could provide.

plvbob0070

copper member

Activity: 658

Merit: 402

Just relax and keep calm, Bitcoin investment is not easy as piece of cake all factors must be checked while investing a coin especially its value and its season to have an accurate data and to know if this is the perfect time in investing a Bitcoin.

Edraket31

hero member

Activity: 1190

Merit: 511

Quote from: Eugenar on December 11, 2019, 09:18:56 AM

Quote from: tungaqhd on December 11, 2019, 07:18:47 AM

If you want to get rich with Bitcoin, then it depends on the time that you invested. You think that buy some Bitcoin and you will be rich after a sort time then you did a mistake. You need a stategy or long hold to get profit.

Thinking deeply about this, for me time isn't the most important factor to consider when investing. It is the 'Timing' when you are about to invest because basically we can say most of the time that it is the time for bull run, it is the time for bearish, and it is the time to invest but the fact that profit could be achieve is when you know the timing, you could invest in bearish time if you know the proper timing to invest and timing to sell the crypto you bought. In that regards, no matter if the season is positive or declining, earning money from investment is still possible.

For some who made rich because of holding for years for Bitcoin, they were too lucky, yes you are right, we do have different situation right now, wherein not everyone of us can be able to become rich in just a year, just like what happened to those who bought at 2016 and below and sold at all time high, as that time the demand becomes too high. Anyway, still we are thankful we can still have the chance to earn money.

Eugenar

sr. member

Activity: 1274

Merit: 278

Quote from: tungaqhd on December 11, 2019, 07:18:47 AM

If you want to get rich with Bitcoin, then it depends on the time that you invested. You think that buy some Bitcoin and you will be rich after a sort time then you did a mistake. You need a stategy or long hold to get profit.

Thinking deeply about this, for me time isn't the most important factor to consider when investing. It is the 'Timing' when you are about to invest because basically we can say most of the time that it is the time for bull run, it is the time for bearish, and it is the time to invest but the fact that profit could be achieve is when you know the timing, you could invest in bearish time if you know the proper timing to invest and timing to sell the crypto you bought. In that regards, no matter if the season is positive or declining, earning money from investment is still possible.

tungaqhd

hero member

Activity: 1540

Merit: 508

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 want to get rich with Bitcoin, then it depends on the time that you invested. You think that buy some Bitcoin and you will be rich after a sort time then you did a mistake. You need a stategy or long hold to get profit.

wildan88

legendary

Activity: 1862

Merit: 1046

Quote from: Webberson on December 11, 2019, 04:04:07 AM

As far as bitcoin investment is concern, people have different opinions as to whether it is a bad investment or not. For those who incurred losses, it is actually a bad one, while for those who have made tons of profits, it is not. Regardless of all of these, i am of the opinion that investing in bitcoin is not a bad investment, because it is still a new innovation, and only time would tell what the outcome will be.

yeah right. as long as the value of our investment is increasing it indicates that we did not make mistakes. the mistake that we often make when investing is by not having knowledge about it, thus causing continuous losses. Bitcoin is a good investment, even though the risk is high, therefore we must be smart and be able to minimize it by having knowledge about it.

Webberson

full member

Activity: 602

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As far as bitcoin investment is concern, people have different opinions as to whether it is a bad investment or not. For those who incurred losses, it is actually a bad one, while for those who have made tons of profits, it is not. Regardless of all of these, i am of the opinion that investing in bitcoin is not a bad investment, because it is still a new innovation, and only time would tell what the outcome will be.

imutlinda

sr. member

Activity: 926

Merit: 256

in investing we may have made mistakes when investing, because the market moves are not always the same as before. I once made a mistake when investing and I learned from these mistakes in the hope that the mistakes that have occurred never happen again. do not be discouraged the crypto market can still provide benefits even though we have suffered losses

Excell110

member

Activity: 98

Merit: 24

Quote from: MicroGuy on October 15, 2019, 04:12:34 PM

If you're looking for a cheerleading squad to make you feel like you made a good decision, you've come to the right place.

Personally, I think BTC has some issues that could prevent it from growing further. Mainly 1 MB blocks and Proof of Work.

Can you throw a little more light on these limiting factors of the Bitcoin, that you mentioned?

Kambal2000

sr. member

Activity: 700

Merit: 257

Quote from: Maotezi on October 31, 2019, 03:11:01 PM

It is not a mistake that something you do, if it does not mean that 100% will be bad, you should take a risk in life. But it's not always up to the risk, experience, smartness and awareness are paramount. If the worst, or the bad one you put into investing in Bitcoin, happens in the end, you need to learn how to defeat the gentleman, and do what life does: "continue."

Agree with you, it will be a mistake if you will not use it wisely, it will be a mistake if we will sell at loss,.it's not yet the end for crypto especially in Bitcoin so it is not easy to say that Bitcoin was a scam or end of its story as in fact the adoption is increasing.

AicecreaME

sr. member

Activity: 2436

Merit: 455

Quote from: Adriano2010 on October 31, 2019, 01:03:43 PM

i think bitcoin is like gold but will take time to get the high profit you might expect.

Not even close, your explanation is like the difference between bitcoin and gold. I am going to disagree on your statement, I've never seen gold's price hit $20,000 for its whole time existence, hence, I see bitcoin's price hit that price in the year 2017, although it was just invented way back 2019, 10 years ago, it is not that long for me, compare to gold.

The Volatility of cryptocurrency to gold is incomparable, so don't expect too much on golds and other precious metals on price changers after years.

Maotezi

member

Activity: 252

Merit: 40

It is not a mistake that something you do, if it does not mean that 100% will be bad, you should take a risk in life. But it's not always up to the risk, experience, smartness and awareness are paramount. If the worst, or the bad one you put into investing in Bitcoin, happens in the end, you need to learn how to defeat the gentleman, and do what life does: "continue."

ice098

hero member

Activity: 1498

Merit: 586

Quote from: Adriano2010 on October 31, 2019, 01:03:43 PM

As i already invested on bitcoin a lot of money and time i would say you do the right decission investing on bitcoin, and i think bitcoin is like gold but will take time to get the high profit you might expect.

Soon bitcoin will be one of the good long term investment that every people with a lot of savings have. But the thing is gold can be sell in physical and it is legal with high tax I think unlike in bitcoin it can be traded and mined in internet.

Quote from: Vertex_ICO on October 30, 2019, 01:20:06 PM

No, I definitely don't think it was a mistake investing in Bitcoin. If your strategy is good, you're going to be just fine. Yes the market has been bearish, but if the analysts are correct, we're heading for a bull run in the very new future. The bull run will probably be bolstered by the Halvening in May 2020, and if history is anything to go by (December 2017), BTC could very well reach new heights. Also, as long as you're investing carefully and through a reputable platform like Vertex, you'll be fine.

If you know trading enough you will not have a mistake or regret investing in bitcoin. Many people loses their hopes in bitcoin many years ago but still bitcoin is alive and has a great value now. Bull run will be by next year I think that too.

Adriano2010

hero member

Activity: 1414

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As i already invested on bitcoin a lot of money and time i would say you do the right decission investing on bitcoin, and i think bitcoin is like gold but will take time to get the high profit you might expect.

friends1980

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Activity: 1582

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nutildah-III / NFT2021-04-01

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?

(...)
What will be your response to this question?

You ask people on a Bitcoin supporters forum if you made a mistake by buying Bitcoin. What the hell do you think the response will be???

What would people on a BMW drivers forum reply if you asked them if you made a mistake investing in a BMW?

My response is: your post is spam.

Shasha80

sr. member

Activity: 1876

Merit: 318

I have the opinion of anyone who invests in bitcoin, I make sure these people are very fortunate and have a lot
bright future. So it is clear from my statement just now that there is a sense that it is not a mistake to invest
on bitcoin. So no need to hesitate if you have more money, please buy bitcoin and hold long-term, in the future
it will yield big profit. But the key you're must be patient.

Magkirap

sr. member

Activity: 896

Merit: 267

★Bitvest.io★ Play Plinko or Invest!

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?

I think thia was the good time to invest in bitcoin so that when the price pumps you will gain a big amount of profit. On the other hand nothing is for sure so it ia better to try alao other cryptos and separte your investment. Dont just rely on a sinngle crypto and try exoloring other so that there are different market you can observe. With that your funds are separated and free from losing it at a single moment of time

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