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Topic: DID I MAKE A MISTAKE INVESTING IN BITCOIN? - page 9. (Read 5132 times)

member
Activity: 938
Merit: 14
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It is never a mistake to buy or invest in Bitcoin. Bitcoin is apparently the best coin on the market that is why is has the largest market dominance which is reflected or evidenced via its market cap. When we mention crypto, Bitcoin comes to the minds of even the non-coiners. Bitcoin is a long term investment and only the patient holders enjoy its full benefits when it begins to surge.
hero member
Activity: 1582
Merit: 523
I don't think you made a mistake because investing in bitcoin is a very smart choice, you should be able to take advantage of the high price of bitcoin when it is difficult to get bitcoin will definitely buy a lot at expensive prices and you can get a lot of benefits from bitcoin, when investing don't be easy panic and don't sell bitcoin at cheap prices.
Exactly investing in bitcoin is not a mistake, it’s a mistake if we are not totally know how it works and how we gain benefit from it. Why having a doubt in investing in bitcoin? We should know when investing there is a risk and we should be certain about our decision.
sr. member
Activity: 1148
Merit: 252
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I don't think you made a mistake because investing in bitcoin is a very smart choice, you should be able to take advantage of the high price of bitcoin when it is difficult to get bitcoin will definitely buy a lot at expensive prices and you can get a lot of benefits from bitcoin, when investing don't be easy panic and don't sell bitcoin at cheap prices.
sr. member
Activity: 1344
Merit: 270
There is nothing wrong with investing in bitcoin. You only need to study before investing to know the risk involved in bitcoin investing. Learning and knowledge will help you to understand the risk and benefits of investing in cryptocurrency like bitcoin. Also it needs patience,you can't earn instantly after you invest,you need to wait. Bitcoins value is volatile and through that people earn profit.
Many investor do not learn before investing with bitcoin, they always heard what other people said when buying bitcoin or selling bitcoin, they never understand when have to buy or sell bitcoin, we need patience become bitcoin investor. Not always bitcoin on top price but we have to control how to buy bitcoin on lower price then you have sell price up, never waiting after price pump for the big thing again.
full member
Activity: 1036
Merit: 144
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Bitcoin is still in its early days. A halving only comes every couple of years. Our next having is scheduled for next year the price will slowly rise up until then, then after the halving it will dump a little bit. Around 3 months after the next halving the price willl really shoot up.  Every year more and more people learn and start investing in Bitcoin. Imagine what the price will be when its used by atleast 5% of the entire worlds population?  The market cap by then will be a multi trillion dollar industry! It will take another 120+ years for the last bitcoin to bw mined.

Investing in BTC is an amazing idea!!!!
sr. member
Activity: 1120
Merit: 255
Everyone here has made that 'mistake'. I bought at $1000+ during the hype a few years ago and then it dropped to $400. It's bitcoin. If you bought for investment then just be proud you did and don't look back. I think the best advice from all of this is to try and not watch the markets because then you just drive yourself mad, only really applicable to day traders.

If you believe in Bitcoin as a viable alternative to fiat money, then any price is a good price to buy at. If you come to the conclusion that bitcoin is a good investment then invest only as much as you would be okay with losing if bitcoin exploded and stopped working tomorrow. put as much as you are comfortable with and then just leave it there. Don't try to buy low and sell high. That is just gambling. Just hold on to it. put it on a hardware wallet and forget about it for three years.

member
Activity: 994
Merit: 11
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There is nothing wrong with investing in bitcoin. You only need to study before investing to know the risk involved in bitcoin investing. Learning and knowledge will help you to understand the risk and benefits of investing in cryptocurrency like bitcoin. Also it needs patience,you can't earn instantly after you invest,you need to wait. Bitcoins value is volatile and through that people earn profit.
sr. member
Activity: 1624
Merit: 267
People make a mistakes only to bitcoin if they already sell it , they are created that Idea because they see the price down than before last 2 years ago but if they see the good potential of the bitcoin they will not say that amd maybe they think they are do a good decision because you invested to the bitcoin and that's what I want for everyone to think also to the bitcoin all positive outcome.
sr. member
Activity: 1064
Merit: 265
Vave.com - Crypto Casino
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 be rich quickly then you did a mistake. There is no shortcut to make money quickly or rich. You should make a research  before buying btc,why you are going to buy btc. If you want to hold for long time to make profit from btc then you didn’t make mistake.fro short time then sell your bitcoin because there is high risk (loss) for short time  
member
Activity: 112
Merit: 72
There is no easy money that comes overnight in bitcoin. Its is not a mistake to invest in bitcoin but the mistake is that not understanding the risk in the market. It is not for short term but requires strong hold to have a successful from it. It is right to study every detail and be careful on every step you take because lot of scam there.

Well, you could take it the opposite way and I could still say it's a risk: holding doesn't mean you're going to have profits. Price soaring is as easy as price slumping, it's a matter of time until the market does its thing and nothing is guaranteed. Investing equals risk, so whether it's for the short or the long term, it does imply at least one risk.

Nobody can predict what is going to happen in the short or long term precisely. There'll always be a hit or miss in predictions. You never know how the legal system worldwide will look like in 5-10 years, and advising somebody to hold for that long could turn into a huge loss in such an easy way. Changes happen, and they will obviously happen in the long term and they will affect Bitcoin too. It's just a matter of time and whether these changes would affect it positively or negatively.
full member
Activity: 952
Merit: 107
Investing in Bitcoin is not a mistake, our only mistake is to enter this field of 0 Knowledge. So we can easily be fooled by the evil people here. Make sure that in each step we take, we will be careful. And with every problem we face in crypto currency let us be prepared.

And to correct your mistake you need to study every detail and information that will help you to be successful bitcoiner.
There is no easy money that comes overnight in bitcoin. Its is not a mistake to invest in bitcoin but the mistake is that not understanding the risk in the market. It is not for short term but requires strong hold to have a successful from it. It is right to study every detail and be careful on every step you take because lot of scam there.
sr. member
Activity: 798
Merit: 250
BabelFish - FISH Token Sale at Sovryn
in my opinion there is nothing wrong in investing in bitcoin. it all depends on each person. When someone decides to invest in bitcoin, starting from the beginning of investing must prepare a calm and patient mind when the price of bitcoin starts to decline. bitcoin is volatile, circumstances can change according to market volume. so when someone decides to invest, then someone must be mentally prepared and not easily panic. Maybe what you are doing right now is be patient and stay afloat, and remain confident that prices will soon soar high again.
sr. member
Activity: 672
Merit: 254
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 bitcoin is the right choice it's just that you have to be patient because right now we are in the bear market almost all crypto coins have decreased. bitcoin is not a fast way for you to get rich quickly. bitcoin is more than that. and to make a big profit you have to be patient waiting. than you keep thinking about bitcoin it's better to do other activities so you don't stress. be patient waiting for the bitcoin pump again. patience is the key to successful investing in cryptocurrency. rest assured bitcoin will definitely rise again.
I think that now we need to analyze the situation with Ethereum. Perhaps this is a good price to invest in Ethereum. Because you need to share the risks in the cryptocurrency market, not all your money should be stored in Bitcoin.
sr. member
Activity: 756
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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 bitcoin is the right choice it's just that you have to be patient because right now we are in the bear market almost all crypto coins have decreased. bitcoin is not a fast way for you to get rich quickly. bitcoin is more than that. and to make a big profit you have to be patient waiting. than you keep thinking about bitcoin it's better to do other activities so you don't stress. be patient waiting for the bitcoin pump again. patience is the key to successful investing in cryptocurrency. rest assured bitcoin will definitely rise again.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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 definitely didn't make mistake by investing in BTC,  and best is to focus only on that when it comes to crypto investments. But i would suggest that you don't focus only on BTC. Gold is also very good option, and in the long term pretty safe. At least that is what i am doing, buying gold coins and small gold bars.
It's not a mistake if you explore more inside this market and not alone being focus with bitcoin, while holding your bitcoin there's also trading
where you can use to increase your assets, find time to maximize potentials and don't hesitate to try other things instead of worrying from
what you are seeing around. It's just part of the cycle try to overcome and you'll see that it will benefits you.

Regarding to other investment venue, That's also possible to divert your attention if you are getting boring with crypto investing.
sr. member
Activity: 1492
Merit: 269
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.
Many people blame want to get much money quickly from bitcoin, they only think how much get profit with bitcoin without think for holding when bitcoin price down, they don't know about extreme patience when bitcoin price down, only know bitcoin is digital assets investment have higher price.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
Big mistake if you invest your money with shit coin you can get lost your money, but if you invest in bitcoin you save your money for the future assets, you can earn much profit if consist invest with bitcoin, sell when bitcoin up and you have invest back when bitcoin down. Investing with bitcoin is not only how long you keep hold but how smart take situation with bitcoin price.
Not all the time in investing in Bitcoin is good. You should understand first what is the behavior on this and how it works to have a good profit. You should invest in the right timing and when it is perfect for the buying point. Because if you can't wait for probably you feel panic selling and probably losing your money.

I don't think it's a mistake on investing bitcoin because here you can assure that you'll be able to earn big profit as long as you believe and keep on holding until the price increases or double the price from the amount that you invest in order for you to earn big profit and I think it's not a mistake investing here.
hero member
Activity: 2926
Merit: 640
If you ask ordinary people, surely they will say you made a mistake investing in Bitcoin!!  I make sure you don't make the mistake of investing in Bitcoin.  when the circulation of Bitcoin has reached 21 million coins (8 - 12 years into the future), Bitcoin will be one of the most valuable virtual assets in the world.  IMO, maybe it will offset the precious diamond.
For everyone that really understand the cryptocurrency behavior, I think that this should actually be there main target for the future, I mean that the time bitcoin will reach its high supply, because that is the moment that the journey for bitcoin value actually begins, whales will no longer see much coin to buy to manipulate the market.

Some of them would actually be the one ruling for what they have accumulated, but they will only be doing more of selling and because many of them will be hoarding it, the demand for bitcoin will become high, while the supply will become very low thereby creating a very big opportunity for bitcoin to start increasing in its value and for this reason is why we believe bitcoin to grow to about 1 million dollars later in the future.
legendary
Activity: 1722
Merit: 5937
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 definitely didn't make mistake by investing in BTC,  and best is to focus only on that when it comes to crypto investments. But i would suggest that you don't focus only on BTC. Gold is also very good option, and in the long term pretty safe. At least that is what i am doing, buying gold coins and small gold bars.
sr. member
Activity: 2254
Merit: 309
SOL.BIOKRIPT.COM
Big mistake if you invest your money with shit coin you can get lost your money, but if you invest in bitcoin you save your money for the future assets, you can earn much profit if consist invest with bitcoin, sell when bitcoin up and you have invest back when bitcoin down. Investing with bitcoin is not only how long you keep hold but how smart take situation with bitcoin price.
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