Do not limits your investment... | Bitcointalksearch.org

Xampeuu

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Quote from: beerlover on July 19, 2023, 12:51:40 PM

Quote from: JoyMarsha on July 16, 2023, 04:30:59 PM

Your friend must be fortunate or wise enough to initially consider changing his altcoins to bitcoin. Not everyone who has invested in altcoins benefits from them. Altcoin investment is mostly good for a short-term investment plan not for a long-term goal. Once there are profits in it, you sell it off to avoid losses.

That's what I think your friend learned about altcoin investments, which prompted him to swiftly change them to bitcoin to secure his profits and increase his chances of long-term gains.

Isn't that the truth, I feel like there are way too many people who end up with not having any type of understanding how they should be changing back to bitcoin when the bear starts. It's not going to be easy to hold alts at that point and that's going to be the hardest part. When you are handling something like that, it's going to be a tough situation without a doubt. In the end, we are going to see some things change, and when that happens it's going to be hard to keep it.

This is why moving back to bitcoin matters a lot and we should always be doing it that way. I believe that we are not going to end up with a lot of money, but we are going to probably end up with a lot less loss for sure, which is why people should do that.

during the bearish season, altcoin prices may experience a deeper decline, so it is better to sell altcoins during the bullish season, and park them in stable coins, so that during the bearish season it will be safe to buy bitcoins, and will get more bitcoins, on the other hand we will also it's easier to make a profit. during the bearish season, the reference is bitcoin
so it is indeed the right way to invest in bitcoin, the parent of cryptocurrency

beerlover

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Quote from: JoyMarsha on July 16, 2023, 04:30:59 PM

Your friend must be fortunate or wise enough to initially consider changing his altcoins to bitcoin. Not everyone who has invested in altcoins benefits from them. Altcoin investment is mostly good for a short-term investment plan not for a long-term goal. Once there are profits in it, you sell it off to avoid losses.

That's what I think your friend learned about altcoin investments, which prompted him to swiftly change them to bitcoin to secure his profits and increase his chances of long-term gains.

Isn't that the truth, I feel like there are way too many people who end up with not having any type of understanding how they should be changing back to bitcoin when the bear starts. It's not going to be easy to hold alts at that point and that's going to be the hardest part. When you are handling something like that, it's going to be a tough situation without a doubt. In the end, we are going to see some things change, and when that happens it's going to be hard to keep it.

This is why moving back to bitcoin matters a lot and we should always be doing it that way. I believe that we are not going to end up with a lot of money, but we are going to probably end up with a lot less loss for sure, which is why people should do that.

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Quote from: Altryist on July 17, 2023, 01:18:31 PM

Quote from: JoyMarsha on July 16, 2023, 04:30:59 PM

Your friend must be fortunate or wise enough to initially consider changing his altcoins to bitcoin. Not everyone who has invested in altcoins benefits from them. Altcoin investment is mostly good for a short-term investment plan not for a long-term goal. Once there are profits in it, you sell it off to avoid losses.

That's what I think your friend learned about altcoin investments, which prompted him to swiftly change them to bitcoin to secure his profits and increase his chances of long-term gains.

It always makes sense to exchange altcoins for bitcoin, and if it is for long-term investing, or to try to trade altcoins in pair with bitcoin in order to increase the number of satoshis on the balance. But in the end, even if you trade altcoins, you should strive to eventually convert everything into bitcoin, the main goal should always be to increase the amount of bitcoin in the wallet.

You could do vice versa but if your heart and mind telling you that you should only focus with bitcoin then do it and do things as much as you could when it comes to methods and ways on which you would really be able to make that advantage when it comes to accumulation of Bitcoin.Yes, there would be sacrifices and other steps that you would make to be able to reach out this kind of goal.

Not all would really be financially capable on doing so and this is why we do really have different situations when it comes to profitability.Some would just simply ignore and some wont really just care but there would be people who would really be doing into things basing up on what they have researched or have seen on.

Limit out and doesnt mind about on the future will really be putting up you on a condition that you would really be getting left behind into those people who had made out such
step for them have those good results in the future but of course, everything isnt really that assured or guaranteed.

Altryist

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Quote from: JoyMarsha on July 16, 2023, 04:30:59 PM

Your friend must be fortunate or wise enough to initially consider changing his altcoins to bitcoin. Not everyone who has invested in altcoins benefits from them. Altcoin investment is mostly good for a short-term investment plan not for a long-term goal. Once there are profits in it, you sell it off to avoid losses.

That's what I think your friend learned about altcoin investments, which prompted him to swiftly change them to bitcoin to secure his profits and increase his chances of long-term gains.

It always makes sense to exchange altcoins for bitcoin, and if it is for long-term investing, or to try to trade altcoins in pair with bitcoin in order to increase the number of satoshis on the balance. But in the end, even if you trade altcoins, you should strive to eventually convert everything into bitcoin, the main goal should always be to increase the amount of bitcoin in the wallet.

JoyMarsha

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Your friend must be fortunate or wise enough to initially consider changing his altcoins to bitcoin. Not everyone who has invested in altcoins benefits from them. Altcoin investment is mostly good for a short-term investment plan not for a long-term goal. Once there are profits in it, you sell it off to avoid losses.

That's what I think your friend learned about altcoin investments, which prompted him to swiftly change them to bitcoin to secure his profits and increase his chances of long-term gains.

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Quote from: FiveG on July 02, 2023, 10:40:00 AM

I saw something on a friend of mine iPhone I was amazed, this guy has 3 pieces of bitcoin but he didn't look it when you look at him with mere eyes, I ask him how he has come this far, he told long ego he was seriously investing on all kinds of coins with little amount of bitcoin but then most of those coins help him to realized enough amount to buy more bitcoin because that was his primary target. He normally buys those zero value coins when they appreciates it will be enough money, and that's how he convert and swag all to bitcoin and today, he has 3 piece. Is good to be diversified in your investment, somedays something good will come out of one you don't expect.

Is quite a nice move buddy but in the current situation, then is not now or yesterday, i believe that took place for him around 2017 when bitcoin started gaining masive value with other shit coin which are numerous to mention and when you look at the background aspect many are born with gold spoon in the mouth i guess you understandwhat i meant by that. And so to say not because u have seen him with 3 pieces of BTC and you rush to put your money in it or lets say wanna get enough shit coin and HOPE... well if you have the funds go ahead but DYOR.

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If you are the type of investors who believe in investment, it's really good not to limit yourself to something like this as long as you know how to use a legitimate type of investment such as buying Bitcoin that for sure in the long run can provide us with good earnings in the end when the bull run comes. That's why many people are hoping for the value it can reach by next year.

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Quote from: FiveG on July 02, 2023, 10:40:00 AM

I saw something on a friend of mine iPhone I was amazed, this guy has 3 pieces of bitcoin but he didn't look it when you look at him with mere eyes, I ask him how he has come this far, he told long ego he was seriously investing on all kinds of coins with little amount of bitcoin but then most of those coins help him to realized enough amount to buy more bitcoin because that was his primary target. He normally buys those zero value coins when they appreciates it will be enough money, and that's how he convert and swag all to bitcoin and today, he has 3 piece. Is good to be diversified in your investment, somedays something good will come out of one you don't expect.

Your friend had a perfect strategy that worked well for him.
This goes to show that not everyone listens to the advice of invest only in Bitcoin. I have invested in altcoins in the past and got pretty good profits from it. Swapped them for Bitcoin and did repeated. But then this is not for everyone. If you want to diversify, diversify into a less volatile asset if you can manage the risks involved.

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Quote from: shivansps on July 15, 2023, 04:26:35 AM

Dealing with altcoins is now a very risky business, if he managed to make a profit, then he was really lucky. Now pay more attention to BTC, ETH
Indeed, now it is very difficult to find projects that will eventually make it possible to earn money. To do this, you need to spend a lot of time studying projects. Unfortunately, just because it worked for him doesn't mean it can work for everyone. It takes a lot of knowledge and research to invest in zero-value tokens, luck has nothing to do with it. If this story is true, then your friend is well done.

I think luck has everything to do with it because he isn't the only individual investing in altcoins but he was among those that were profitable, others might make the same investment but because of their timing, they might lose. When investing in altcoins you need luck because they're just like gambling nobody knows which altcoins will become the popular coins that gives you big profits which is why individual invest in multiple projects.

They do this because they have seen advise on diversifying their investment so they invest in multiple altcoins hoping that one or all will make them millionaires by the next bull market. Many of them gets disappointed and those that were lucky to pick the right coins profits.

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Quote from: shivansps on July 15, 2023, 04:16:44 AM

Quote from: palle11 on July 02, 2023, 10:52:53 AM

Your friend is lucky. If he invested in altcoins, maybe that could be the altcoins era that is the time before 2017 when the rally for altcoins was very high. Coins like etheruem at that time were very cheap and ico scam was not that rampant.

Maybe he was part of those who bought bitcoin early like 8 -10 years ago when the price was still below $1k. He is worthy of commending if he actually saw the future from the risk he took because some people saw the opportunity but felt cryptocurrency investment was all fraud.

If he invested in bitcoin 8-10 years ago, then this is a very good decision, as we can see today. But maybe then he should have sold them at the highest price a couple of years ago. Perhaps he, like many people, was waiting for bitcoin to increase in price even more and missed the moment to successfully sell it, then he is most likely now worried about this

it's a shame if he's still waiting to sell Bitcoin, because in the past 8 or 10 years of course his investment has been very successful,
even being sold this year still has a high ROI, so there's no problem for investors who have bought Bitcoin in 8 or 10 years ago.

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How lucky of him and that takes courage too.
The reputation of Bitcoin a long time ago was not good so people won't buy it. They are not expecting something good will happen from something that cannot be physically seen. Well, here we are now. All those who trusted Bitcoin will reap their rewards. It may have taken a long time but that is still a lot of money and higher profits than saving it in your back for annual interest. I think it also performed better than any other investment funds out there.

I am not that brave before buying but I did accumulate Bitcoin thru faucets. The sad part is I am selling it after I made an amount available to sell. I will not be a hypocrite, I didn't trust Bitcoin in those times too. I was just happy I could make money out of easy faucets.

shivansps

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Dealing with altcoins is now a very risky business, if he managed to make a profit, then he was really lucky. Now pay more attention to BTC, ETH
Indeed, now it is very difficult to find projects that will eventually make it possible to earn money. To do this, you need to spend a lot of time studying projects. Unfortunately, just because it worked for him doesn't mean it can work for everyone. It takes a lot of knowledge and research to invest in zero-value tokens, luck has nothing to do with it. If this story is true, then your friend is well done.

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Quote from: palle11 on July 02, 2023, 10:52:53 AM

Your friend is lucky. If he invested in altcoins, maybe that could be the altcoins era that is the time before 2017 when the rally for altcoins was very high. Coins like etheruem at that time were very cheap and ico scam was not that rampant.

Maybe he was part of those who bought bitcoin early like 8 -10 years ago when the price was still below $1k. He is worthy of commending if he actually saw the future from the risk he took because some people saw the opportunity but felt cryptocurrency investment was all fraud.

If he invested in bitcoin 8-10 years ago, then this is a very good decision, as we can see today. But maybe then he should have sold them at the highest price a couple of years ago. Perhaps he, like many people, was waiting for bitcoin to increase in price even more and missed the moment to successfully sell it, then he is most likely now worried about this

tygeade

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Quote from: Inwestour on July 13, 2023, 04:35:26 AM

Quote from: justdimin on July 13, 2023, 03:30:51 AM

I believe that we can ALL collect 3 bitcoins in our life time. I am not saying that it would be easy, right now 3 bitcoins would worth 90 thousand dollars and I think it will keep going higher and higher so it is not going to be easy at all.

However, if you could save some money every month, then you are going to get there eventually and the important thing is not about getting to 3 bitcoins, it is about getting to a higher and higher level all the time, and if you keep having more and more bitcoin, then one day you will be rich. So, let's assume you failed, and you only got 0.8 bitcoins but bitcoin worths 100k, that means you have 80k, which is close to having 3 bitcoin today. That is why we should always be looking for it.

For many on our planet, this amount will be almost unattainable, some cannot even save more than $50 a month, this is about $600 a year and it is not difficult to calculate that in 30 years you will collect no more than $20k.

During this time, bitcoin will certainly rise in price and each of us will be able to buy less and less satoshi. Therefore, I think that for many, the goal of 1 bitcoin may be unattainable, let alone 3 or more bitcoins. Of course, it is worth buying, it will bring profit, but if the investment is not significant, then you should not build illusions that this can make you rich in the future.

It is definitely unattainable for many people and shouldn't be considered. I believe that the best thing to do in this case is to try to reach as high as you can, that is all you can do. Not everyone has to have 1 bitcoin, after all there will only be 21 million bitcoins at max, some of them are already lost, and I mean millions.

So in the end, we are 8 billion people, even if just 100 million of them are interested, which is not unlikely, and some of them have thousands even tens of thousands because of how much money they had, that means there will be tens of millions of people who would never have 1 bitcoin. So in the end the important part is to get as much as you can, it can be 0.5, 0.1 or even 0.01 but as long as you have some for your future, that's good.

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Quote from: cute nmp on July 13, 2023, 02:37:47 PM

I do limit my investment all the time i never invest what i cannot afford to lose cryptocurrency is very volatile one can easily lose alot of money and vice versa so it is better to take measures and avoid loosing too much funds. We are still in the bear market hopefully the market recovers soon and crypto investments will go back to been profitable again.

There is no doubt that the crypto currency market is a volatile market where the market can go down at any time and the market can go up at any time. So one needs to be very careful here.You are also right that one should always invest what one can afford to lose. Most of the people I have seen invest all their savings in the crypto currency market and often end up losing money due to inexperience. People have heard about getting a good profit here but here you can lose your entire capital. Therefore, complete information and market awareness is very important before entering the crypto currency market. One should start trading only after learning and gaining experience.

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Quote from: FiveG on July 02, 2023, 10:40:00 AM

I saw something on a friend of mine iPhone I was amazed, this guy has 3 pieces of bitcoin but he didn't look it when you look at him with mere eyes, I ask him how he has come this far, he told long ego he was seriously investing on all kinds of coins with little amount of bitcoin but then most of those coins help him to realized enough amount to buy more bitcoin because that was his primary target. He normally buys those zero value coins when they appreciates it will be enough money, and that's how he convert and swag all to bitcoin and today, he has 3 piece. Is good to be diversified in your investment, somedays something good will come out of one you don't expect.

If this is indeed the case then your friend is a lucky one, he may have already made more than his investment. Your friend may have invested in various altcoins before investing in bitcoins and got huge profits from them and bought bitcoins with them. We have seen some altcoins which give good profit within short period of time if one such investment your friend got good profit from here and invested in Bitcoin. and he started investing from a small amount and gradually increased the number of bitcoins to hold the bitcoins for which he has three bitcoins today. You didn't mention here, when your friend bought the bitcoin because we know the price of bitcoin was very low at one time maybe he could have invested then. And your friend must be risk averse because Bitcoin will at some point be in a position that will make your friend a big guy. If he keeps the bitcoins in a good wallet from now on then it will be good for his money and will be safe.

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Quote from: Bushdark on July 13, 2023, 05:59:18 PM

I do limit my investment all the time i never invest what i cannot afford to lose cryptocurrency is very volatile one can easily lose alot of money and vice versa so it is better to take measures and avoid loosing too much funds. We are still in the bear market hopefully the market recovers soon and crypto investments will go back to been profitable again.

OK, some may agree with your point, but you cannot limit the investment. Of course, you should take part in trades in which you have good experience and have done a good analysis of them. But, still, sometimes the sudden fluctuations in the market can ruin your entire plan. So it is better to think carefully, do your homework, join the market practically, and prove that your actions are solid and your ratio is better than others. Remember that although investment is risky , but this can said when you do something deliberately in state of complete ignorance.

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Quote from: cute nmp on July 13, 2023, 02:37:47 PM

I do limit my investment all the time i never invest what i cannot afford to lose cryptocurrency is very volatile one can easily lose alot of money and vice versa so it is better to take measures and avoid loosing too much funds. We are still in the bear market hopefully the market recovers soon and crypto investments will go back to been profitable again.

The market is going to bexome more volatile soon and I still see some persons not doing the right time. For us to make money in the cryptocurrency market, we don't need to invest our money in new coins that can being launched in the market just because of the profits we want to earn from the market. By the time the bull run finally comes, there is going to be a lots of new projects that is going to be launched and many investors are going to fall for different scam and rug pull that will make different people to lose there funds. We needed to be wise and take our financial decisions very seriously.

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Quote from: freedomgo on July 13, 2023, 03:57:12 PM

Limiting your investment will not maximize your profits, hence it will only make you susceptible to losses. That’s why diversifying your investment is highly encouraged because aside that it will attract additional income, it will also help you not to suffer your losses just in a single time. However, if you decide to diversify your investment, see to it that you are also not risking your money into low potential investments, otherwise you will not make any profits at all.

An investor will face many difficult decisions during their careers, and while often the most difficult of those decisions is in what assets to invest, a decision which is just as important is how much money you are going to invest in each asset? This is not easy to decide as a poor distribution of our resources will diminish our profits or even produce losses if the distribution is wrong, so anyone out there looking to diversify their investments needs to be very aware of the difficult of the decision they are about to take, and only do so once they are convinced they are taking the right choice.

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Quote from: freedomgo on July 13, 2023, 03:57:12 PM

Limiting your investment will not maximize your profits, hence it will only make you susceptible to losses. That’s why diversifying your investment is highly encouraged because aside that it will attract additional income, it’s will also help you not to suffer your losses just in a single time.

Diversify
Expand
Broaden

These are the things that you should be having in mind because we know that the more source that we do have the more profits that we could be able to make.This is something that we should really be having in mind
when it comes to investment the more the better and dont really limit out yourself or making some fixed numbers if ever you could still possibly be able to do so. This is why it would be wise on continuing
on expanding since we arent that blind not to see those opportunities that it could really give out on the time that you would be able to see for yourself about its result.
Losses is common and normal but you should be having on mind that it would be always important that you would be able to end up profitable or making money in the end.

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