The better way to get high returns is to hold for a long time 
it requires a tranquil mindset 
Topic: Does anybody have any suggestions for investing in Bitcoin? (Read 665 times)
Well, it would depend on the interest of the majority in that current part. Not everyone in Wall Street wants to be part of crypto but there are some who want to be and probably are HODLing different cryptocurrencies. As a part of the crypto community for quite some time now, I believe it's good to invest in this market, especially Bitcoin. The catch is if everything goes sideways, don't blame it on someone who suggested it. It should be taken with a grain of salt type of thing.
Everything that is considered an investment is a risk already, it's never going to be sure but the management of risk is a necessity.
be ready to take the outcome when doing anything risky Everything that is considered an investment is a risk already, it's never going to be sure but the management of risk is a necessity.
In order to evaluate bitcoin, I look at this forum and other activities which help bitcoin to become more famous. The price of bitcoin is also an important aspect cause it demonstrates the real supply/demand theory. Therefore, I usually do not want to listen to any potential investors in Wall Street or financial expert advisors. I trust my guts and my instinct. Moreover, bitcoin has built a huge trust to me which I believe that it has chances to alter the current monetary system. Therefore, I keep buying bitcoin more and more no matter how high the price can be
Well, it would depend on the interest of the majority in that current part. Not everyone in Wall Street wants to be part of crypto but there are some who want to be and probably are HODLing different cryptocurrencies. As a part of the crypto community for quite some time now, I believe it's good to invest in this market, especially Bitcoin. The catch is if everything goes sideways, don't blame it on someone who suggested it. It should be taken with a grain of salt type of thing.
Everything that is considered an investment is a risk already, it's never going to be sure but the management of risk is a necessity.
Everything that is considered an investment is a risk already, it's never going to be sure but the management of risk is a necessity.
I don't really think i will agree with you on this. All ventures of investing, there is some level risk associated to them. The price volatility of Bitcoin can be a blessing and curse depending your level of knowledge about the Bitcoin market. With good knowledge about the bitcoin market, price volatility will be the focal point of your investment plans and strategies. As a Bitcoin investor, you should be concern about the rate at which the price of Bitcoin changes and use that at your advantage to make profit.
That post was a bit sarcastic, which means you shouldn't take it literally. The idea is that most people are starting to ask for investment advice only when an asset reaches its ATH. Where were you when bitcoin was at 3200$ per coin? Was bitcoin too expensive or too risky to buy? It is now riskier and more expensive to buy bitcoin, so the answer is it is always too late to buy it if you know nothing about an asset you want to invest money in. Why is that so? Basically, if you ask for investment advice, you shouldn't invest whatsoever. If you ask for advice, you didn't do your homework, your research, you have no idea why you chose bitcoin for your investment. Because if you did know all of that, you wouldn't be waiting for a perfect moment to invest, you wouldn't be looking at bitcoin's short-term volatility. You would just be certain that bitcoin grows in price not because of hype, FOMO, or bubble, but because it has useful qualities that make it valuable and attractive for investors.
There are two people in the market who aims for profit, traders and investors, depends on the time frame, how long you're willing to wait.
But the most important thing before invest is doing research and learn the fundamentals of bitcoin, then determine your strategy.
Bitcoin value supposes to increase over time, hence investors who aim for a higher target require extra perseverance, patience, and self-control to wait for a longer period than traders.
But the most important thing before invest is doing research and learn the fundamentals of bitcoin, then determine your strategy.
Bitcoin value supposes to increase over time, hence investors who aim for a higher target require extra perseverance, patience, and self-control to wait for a longer period than traders.
It is good decision to invest in bitcoin but prior research and education is necessary. Cryptocurrency is risky and get specialized once you lock in to it that's why it takes a parcel of time to memorize and adjust on how it works within the showcase. But bitcoin is truly worth it to contribute and you ought to make a few time to get it additionally share it to your circle. Invest carefully and set plan to how much time you HODL and invest, it is necessary to diversify the investment.
I don't really think i will agree with you on this. All ventures of investing, there is some level risk associated to them. The price volatility of Bitcoin can be a blessing and curse depending your level of knowledge about the Bitcoin market. With good knowledge about the bitcoin market, price volatility will be the focal point of your investment plans and strategies. As a Bitcoin investor, you should be concern about the rate at which the price of Bitcoin changes and use that at your advantage to make profit.
Changes in bitcoin price or bitcoin price fluctuations can be identified by analyzing them with technical and fundamental analysis to read where the next bitcoin price is. Investing in bitcoin or other altcoins if you don't know basic TA and FA knowledge will certainly be very risky, because you don't know when to enter the market and when to leave. High volume has a high risk and it will be dangerous if we do not know to analyze the market. 
Today's market is very risky because bitcoin is a very volatile asset, the future of which is still uncertain. To mitigate any risks involved with investing in bitcoin, you should wait for it to achieve new ATH.
I don't really think i will agree with you on this. All ventures of investing, there is some level risk associated to them. The price volatility of Bitcoin can be a blessing and curse depending your level of knowledge about the Bitcoin market. With good knowledge about the bitcoin market, price volatility will be the focal point of your investment plans and strategies. As a Bitcoin investor, you should be concern about the rate at which the price of Bitcoin changes and use that at your advantage to make profit.
When it comes to suggestion for investing on bitcoin. then it would be the basics;
-Dont be greedy
-This isnt a one day quick rich scheme
-Dont fall in fud or fomo
-Always set profit taking measures
-Invest on the amount you can afford to lose.
Very basic but actually hard to be applied but can really be learnt though.
Today's market is very risky because bitcoin is a very volatile asset, the future of which is still uncertain. To mitigate any risks involved with investing in bitcoin, you should wait for it to achieve new ATH.
I don't really think i will agree with you on this. All ventures of investing, there is some level risk associated to them. The price volatility of Bitcoin can be a blessing and curse depending your level of knowledge about the Bitcoin market. With good knowledge about the bitcoin market, price volatility will be the focal point of your investment plans and strategies. As a Bitcoin investor, you should be concern about the rate at which the price of Bitcoin changes and use that at your advantage to make profit.
There are lot notions around the number one digital currency investment. Potential investors from Wall Street think that it might not be the best for them to invest in Bitcoin. Some people skepticism arise a result of record exchange hacks and also lot of scammers in various social media platform.
Financial expert advisor have different opinions about the bitcoin future despite the huge profit risk takers made during this year rally. What is your legit suggestion in investing into bitcoin base on the level of your exposure to the blockchain industry?
Financial expert advisor have different opinions about the bitcoin future despite the huge profit risk takers made during this year rally. What is your legit suggestion in investing into bitcoin base on the level of your exposure to the blockchain industry?
Today's market is very risky because bitcoin is a very volatile asset, the future of which is still uncertain. To mitigate any risks involved with investing in bitcoin, you should wait for it to achieve new ATH. Then you skip it and don't invest. Just wait for another ATH, the one that will give you enough evidence that the time has come. You should probably skip that one too because it is still risky to invest your money. In my opinion, you need to wait for the third ATH. Only then it is going to be relatively safe to put your dollars in. Don't wait too long, however, because you can miss the moment when bitcoin is no longer volatile due to its maturity.
Before you invest on bitcoin, making a lot of researches will help you on what to improve and what to learn in trading and investment. Cryptocurrency is so complex and technical when you engage to it that's why it takes a lot of time to learn and adapt on how it works in the market. But bitcoin is really worth it to invest and you should make some time to understand and also share it to your friends and families. Also look for a mentor or a professional so that these experienced investors will help you on how to start without having big problems.
You are right I always follow the market trend and I don't go with price range because it may go in either way also I don't prefer these so called experts.
I would rather go with my own research so that I can make some new plans and fill my bags as future of BTC looks very clear and unique that's the reason loads of money are pouring that's not so much risky this will surely give me satisfaction as I am researching if I fail I will take this as a lesson and do it better.
If you are asking for advise , Bit Coin is not for you .
I'd simply emphasize on the line "invest the amount you can forget". Today some people throw their money at what they don't really make proper research about and one of them is Bitcoin. But however, whether you've made your research or not, only invest the amount of money that you wouldn't have to be checking Bitcoin's price every second of the day. So, invest the amount that you'd forget you even invested. This way, you won't be restless and worried when the turbulence of price begins.
Investing with money that is not included in the money needs and also the allocation every month from the main job is a smart thing. Many people are trapped when the price drops and end up selling at a low price. Money management is very important in investing in bitcoin. I think many people are still careless about this. I also like you to invest with a nominal that will not be a burden.You need to outsmart those competitors around this market, you need to use money that you can let go or you can allow to take a much longer term for your investment.
Like wat you have said, a lots of people lose their money from this investment or other venue of investment due to lack of patience or fears to lose more. If you are capable of risking your money then the chance is higher.
Learn from experience, investing in bitcoin is basically a big risk, if you are not sure about bitcoin do not ever force it to enter a very volatile market.
You will not be able to feel the sensation if you only hear other people unless you really enter into it.
yes, for example we don't know and understand bitcoin, we better not go in and invest in it before we do research and knowledge first, of course it's useless, for example, we only hear news and know about bitcoin when bitcoin price increases are peaking & a lot of news which is very phenomenal, of course more and more people will know about bitcoin, and there will be many people who are willing to buy and invest in it after they know that bitcoin has the potential to grow in the future and many people can get big profits from it. You will not be able to feel the sensation if you only hear other people unless you really enter into it.
There are lot notions around the number one digital currency investment. Potential investors from Wall Street think that it might not be the best for them to invest in Bitcoin. Some people skepticism arise a result of record exchange hacks and also lot of scammers in various social media platform.
Financial expert advisor have different opinions about the bitcoin future despite the huge profit risk takers made during this year rally. What is your legit suggestion in investing into bitcoin base on the level of your exposure to the blockchain industry?
First remember the golden rule 'Never invest more than that you afford to lose'. Now coming to your question, if you see historical price of BTC, it is always growing with some down times. I don't think BTC has reached it full potential yet. Financial expert advisor have different opinions about the bitcoin future despite the huge profit risk takers made during this year rally. What is your legit suggestion in investing into bitcoin base on the level of your exposure to the blockchain industry?
Everyday more people got to learn about BTC and crypto and everyday we get new holders.
There are some advantages of investing in Bitcoin like liquidity and lower inflation risk, but high volatility makes Bitcoin a risky investment.
As I would see it, in the event that you need to put resources into bitcoin from here on out and get a benefit, at that point you need to sit tight for bitcoin to arrive at the new ATH on the grounds that as of now the market is extremely dangerous because of the changing cost of bitcoin.
I'd simply emphasize on the line "invest the amount you can forget". Today some people throw their money at what they don't really make proper research about and one of them is Bitcoin. But however, whether you've made your research or not, only invest the amount of money that you wouldn't have to be checking Bitcoin's price every second of the day. So, invest the amount that you'd forget you even invested. This way, you won't be restless and worried when the turbulence of price begins.
Investing with money that is not included in the money needs and also the allocation every month from the main job is a smart thing. Many people are trapped when the price drops and end up selling at a low price. Money management is very important in investing in bitcoin. I think many people are still careless about this. I also like you to invest with a nominal that will not be a burden.
I'd simply emphasize on the line "invest the amount you can forget". Today some people throw their money at what they don't really make proper research about and one of them is Bitcoin. But however, whether you've made your research or not, only invest the amount of money that you wouldn't have to be checking Bitcoin's price every second of the day. So, invest the amount that you'd forget you even invested. This way, you won't be restless and worried when the turbulence of price begins.
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