Don't be intimidated - page 3. | Bitcointalksearch.org

Quidat

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Quote from: Fullcoinese on July 01, 2023, 04:56:10 PM

Quote from: Edcrypto91 on June 30, 2023, 04:20:20 PM

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum or putting in your entire savings to purchasing Bitcoin I am not against making Bitcoin investments but
Before making Bitcoin investments always make sure the odds are safe for you like some members here will say "" make investments that will not affect you" in other words make investments with free money except you have more profiting ideas than hodling

I am sure this is what other investors here do

yes you're right, in my opinion investing does not only rely on capital and planning, but we also have to be mentally prepared to face risks.
selling valuable assets or property to invest in Bitcoin in a hurry, without any consideration or even without any knowledge is not good and not recommended. before making an investment, we should really make sure we understand the investment mechanism, market conditions and what risks are faced.
although everyone is free to take every risk in the investment they make but sometimes i feel that people who sell their important assets or property to buy Bitcoin are very extreme. regardless of what is told is reality or just made up.

It should really be that overall on which it do even includes that common sense and been aware on what are the actions you would be making on which it would really be that normal that there might be times that you would really be making up some rush decisions just because you've been that hyped that much on what are the things that you are currently seeing which is something not suggestable for you to do so. Its true that it doesnt make sense on selling out your other investment just to put up some on other investment but rather it would be wise that you should really be putting up money
with the profit that you do make on other investment so that you would really be able to diversify your investment and make more income if the time comes that both things would really be profitable.
Dont sacrifice the other just to make focus into the new one, we wont know about that certain risks would really be facing onwards.

Minhxx

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selling other assets when investing is taboo, it is full of risk, we should manage our capital when investing bitcoin, it can give you quick profit, also can make you lose all fast

salad daging

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Bitcoin To The Moon 📈📈📈

Everyone must have a way of making investments even with hasty decisions because there are rising market trends such as hype or being hit by fomo news which causes them to take direct action without doing further analysis.

A good investment always has a mature plan, they have to prepare even if the money is from our own funds or free funds, they are free to invest in bitcoin as long as they understand what their goals are and need to remember that investing in bitcoin must be with money. those who are ready to lose because of unstable prices, even when selling in an emergency, if the price drops, that should be the risk.

Therefore, a mature plan must be certain considering that investing in bitcoin is long term and you must be prepared to endure it with patience.

Cryptomultiplier

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One of the reasons why people become delinquent or criminal is for what we could term as ,'inferiority complex'.
Else, why should someone with their own brain, in their right senses, listen to the crowd and take risks that could cripple their entire life.

Investment in cryptocurrency should commence when one has gathered enough information/knowledge about it. The word 'decentralized', means you are on your own. If you don't have enough knowledge and also because of what people say, you get to sell your property to invest in BTC/crypto, you would be the person to bear the brunt, if the investment is lost.
It is always better to invest in what is easier to understand and know. Just as everyone has their interest and talents.

If you can strive to get the knowledge, your confidence in taking such a risk would be great, and the probability of being successful at first trial of investing, would be positive. Very positive.

The Cryptovator

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It is crucial to educate yourself about Bitcoin before investing in it; otherwise, you may experience regret later on. Many beginners believe that they can quickly make money from Bitcoin and hastily jump into it. However, when the price begins to drop, they become distressed and sell at a loss. It is important not to invest in Bitcoin with funds you cannot afford to lose. The future price of Bitcoin is uncertain, and it could either fall or rise. You must be able to handle the risks associated with it, so avoid investing your life savings or jeopardizing your financial stability. Instead, focus on gradually growing your portfolio.

Fullcoinese

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Quote from: Edcrypto91 on June 30, 2023, 04:20:20 PM

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum or putting in your entire savings to purchasing Bitcoin I am not against making Bitcoin investments but
Before making Bitcoin investments always make sure the odds are safe for you like some members here will say "" make investments that will not affect you" in other words make investments with free money except you have more profiting ideas than hodling

I am sure this is what other investors here do

yes you're right, in my opinion investing does not only rely on capital and planning, but we also have to be mentally prepared to face risks.
selling valuable assets or property to invest in Bitcoin in a hurry, without any consideration or even without any knowledge is not good and not recommended. before making an investment, we should really make sure we understand the investment mechanism, market conditions and what risks are faced.
although everyone is free to take every risk in the investment they make but sometimes i feel that people who sell their important assets or property to buy Bitcoin are very extreme. regardless of what is told is reality or just made up.

Zaguru12

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Quote from: Mate2237 on July 01, 2023, 03:45:48 PM

If forum users advise you to invest then I don't see any bad advise from users in the forum. Forum users will not give someone bad advise particularly things like investment. If the area you are trying invest is bad and complain here, experts from that area will still tell you what to do so I will advise you to take advise from forum members because one of the reasons you claim to be here is learning. And if learning bring you here and you refused the advice from the users then your motive is something else. When you are not sure of the explanations from other users about a particular subject then you can make research to do some comparisons. You don't have to abandoned the forum advise, take it along then you be progressive in your stay.

I think you quoted out the place i clearly said do some research. My post doesn’t say you shouldn’t put the advice from into account but my warning was clearly not to depend or rely on it and then go ahead to invest. Although there are very good bitcoin consultants here with reputation but even them warn against taking invest advice only from forum members because most at times they don’t understand the condition one is in. They just advise base on their perspective. Also forum is where many people put out advice, there people that are solely just to promote some service or coin so should you end up doing it according to there advice then you might end up doing something not right.

The best person to advise you on what and when to invest is yourself. Just learn the basic and fundamental concepts of investing and then apply it base on your own capability

Casdinyard

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I think it doesn't take a rocket scientist for you to realize how flawed the logic of selling your physical properties for bitcoin, especially if you can't afford losing these properties at the same time. This creates a lot of chaos and puts you in a risk so high you'd get dizzy. And while some people live for this kinds of risks and thrive in it too, the average joe just couldn't afford to make these types of magnanimous investments without performing thorough research. So equip yourself with the proper information like what OP's trying to convey right here, and only ever invest when it's something that you can afford losing, and if it's something that will not cause you problems in the future. Otherwise, withhold from investing in crypto as you wouldn't be able to survive the harsh volatile environment that most of us here have accustomed ourselves of.

Yatsan

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Quote from: MFahad on July 01, 2023, 03:02:08 PM

Some individuals just hear about the profit and success of bitcoin and they rushes towards it because they think that they will earn money without any hard work but they don't have any idea that what risk factor it possess and how to overcome it.

So I will suggest that if you don't know about something then try to understand about it try to get knowledge first. Everyone knows that bitcoin gives benefit to its holders but it doesn't not mean that you will put all amount of money that you have but it means that you should start with little and then have to use your profit in investment rather than using your amount of daily use.

If you don't have understanding about bitcoin then whatever you do you will never be successful without getting the basis knowledge about it so just focus to keep the basic points in mind prior to put money.

This is how powerful impressions are. Cryptoinvestment are either known for being a fraud or a quick way to be rich, but neither are certain. There are indeed scam projects but not all. There are indeed people who made huge money but not all as well. It will never be right to generalize as we all know. But indeed that is a factor for such misconceptions, to be lacking of knowledge to where you are engaging yourself with. Best thing to do is to invest with knowledge first 'coz you'd be ending up with huge loss from going right off the start. Everything needs time to grow and there should not be a belief that such thing as an easy way to be successful; you have to work hard for it.

Mate2237

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Quote from: Zaguru12 on June 30, 2023, 04:58:09 PM

You post can just simply be summarized as don’t invest base on the advice you get from the forum or anywhere entirely.

If forum users advise you to invest then I don't see any bad advise from users in the forum. Forum users will not give someone bad advise particularly things like investment. If the area you are trying invest is bad and complain here, experts from that area will still tell you what to do so I will advise you to take advise from forum members because one of the reasons you claim to be here is learning. And if learning bring you here and you refused the advice from the users then your motive is something else. When you are not sure of the explanations from other users about a particular subject then you can make research to do some comparisons. You don't have to abandoned the forum advise, take it along then you be progressive in your stay.

MFahad

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Eloncoin.org - Mars, here we come!

Some individuals just hear about the profit and success of bitcoin and they rushes towards it because they think that they will earn money without any hard work but they don't have any idea that what risk factor it possess and how to overcome it.

So I will suggest that if you don't know about something then try to understand about it try to get knowledge first. Everyone knows that bitcoin gives benefit to its holders but it doesn't not mean that you will put all amount of money that you have but it means that you should start with little and then have to use your profit in investment rather than using your amount of daily use.

If you don't have understanding about bitcoin then whatever you do you will never be successful without getting the basis knowledge about it so just focus to keep the basic points in mind prior to put money.

Dr.Bitcoin_Strange

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Quote from: Edcrypto91 on June 30, 2023, 04:20:20 PM

Before making Bitcoin investments always make sure the odds are safe for you like some members here will say "" make investments that will not affect you" in other words make investments with free money except you have more profiting ideas than hodling

I am sure this is what other investors here do

There is nothing like free money, because every dollar you have is what you want to use to archive one or two things, so it is not free so long as you will feel affected if you lose the money. In my country, there was a celebrity who only had his funds invested in one company; he had no other investments apart from that one, and this dude was a public figure (I mean, he was publicly recognized by a lot of people), but something happened to the company and it collapsed with his money. This celebrity had a heart attack and was rushed to the hospital. His health situation got critical, and he died after a few days. With such an example, that's why it's always advisable to invest in something that will not affect you to that extent; it doesn't mean that the money you are investing is some kind of free money or not. For instance, if your net worth is $100k and you have $10k invested somewhere, $30k invested somewhere, and $50k invested somewhere, if you lose the $10k investment, it will affect you, but not as much as it would had you lost the $100k just on one investment.

Cheers 🥂, Dr.Bitcoin_Strange 👺👺

Awaklara

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Quote from: Edcrypto91 on June 30, 2023, 04:20:20 PM

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum or putting in your entire savings to purchasing Bitcoin I am not against making Bitcoin investments but
Before making Bitcoin investments always make sure the odds are safe for you like some members here will say "" make investments that will not affect you" in other words make investments with free money except you have more profiting ideas than hodling

I am sure this is what other investors here do

if you want to invest, of course, use money that is free of anything, including savings as a reserve of money when you need it suddenly. so whatever happens will not affect the planning of the investment made.
beginners are too hasty in filling out their portfolios. they say they are setting aside money to buy Bitcoin, but actually financially there is no power that can really help the investment go according to plan. if they need funds for a short period of time they will sell them even if they remain at a loss.
Anyone investing Bitcoin is very risky. it's not as easy as some people say on social media. do it when you are really ready in various aspects.

Benpluto

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Quote from: Magic-Money on July 01, 2023, 01:57:09 PM

Every thing in life has to follow process and procedures, which can make you has a maximum result of the good step you made, like wise here in cryptocurrency industries, you have to get a mentor, or go for knowledge to know how Bitcoin works, and don't be intimidated by someone, because the person start from one day you started investing your hard earned money in Bitcoin, which is a very good profitable business that works with patience.

A journey of a thousand miles begins with a step, probably cryptocurrency is broad and we have the basic information at our disposal, putting the work inother to acheived excellent results. I thoroughly read and understand every single step I take everyday, learning never stops and I've come to realized that things will go smoothly only if we applied solid strategies that will yield profits at the end of the day. Bitcoin results in both profits and losses, it's our decision to stay off this crucial path.

Magic-Money

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Every thing in life has to follow process and procedures, which can make you has a maximum result of the good step you made, like wise here in cryptocurrency industries, you have to get a mentor, or go for knowledge to know how Bitcoin works, and don't be intimidated by someone, because the person start from one day you started investing your hard earned money in Bitcoin, which is a very good profitable business that works with patience.

imamusma

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Quote from: Solosanz on July 01, 2023, 07:59:14 AM

Did you even know those users who had show their Bitcoin investment in this forum are made up stories?

Some of the stories are fake, but there is always the real story.

Quote from: Solosanz on July 01, 2023, 07:59:14 AM

They're show it because they can earn easy merit from other users, but they're not have any reason to invite people to invest in Bitcoin. So if you read such thread, it's not real and you just need to avoid to read further when it's about Bitcoin investment or things he bought from Bitcoin investment.

Basically everyone who wants to invest in bitcoin must be able to account for their decisions properly. They can ask experienced users for advice, ask someone to share tips, or something else. But when it comes to investment decisions, none of this should be the reason why they invest because each of them should think of it not as financial advice.

Indeed, there are always users who are affected by other people's benefits shared around the forum or somewhere. But unfortunately, they don't do any analysis before investing their money. That was greed, definitely a mistake to be avoided.

bitLeap

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Quote from: uchegod-21 on July 01, 2023, 09:53:36 AM

Quote from: Edcrypto91 on June 30, 2023, 04:20:20 PM

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum

Do people actually make investments in order to impress the forum? I have thought about this and no wonder some people keep posting about their bitcoin achievements in the forum whether significant or not.
Does it really mean people are indirectly intimidated by what is happening here. Please no one should be intimidated by what is happening in the forum.
Investment is what happens due to a well researched decision and not because of what others are doing.

Obviously a very unwise decision if we invest because we see someone doing it and we are just trying to follow what other people are doing.
Investing is part of the strategy (I mean making profits by holding our money in assets in this case bitcoins). And if you do a strategy, of course there must be knowledge that can lead us into an analysis of bitcoin. I'm the type of person who doesn't touch something if I don't understand it, the same way I did when I first got to know bitcoin. Yes, before I really put money in, which in the end now I really believe in bitcoin, I first learned what bitcoin is, how it works and other things like that.
Or if we don't want to and it's hard to understand when studying on our own, it's better to ask lots of people who have known bitcoin for a long time rather than just following the existing trends. Especially now that access makes it easier for us to find out something new.

Mr.suevie

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Quote from: Solosanz on July 01, 2023, 07:59:14 AM

Did you even know those users who had show their Bitcoin investment in this forum are made up stories?

They're show it because they can earn easy merit from other users, but they're not have any reason to invite people to invest in Bitcoin. So if you read such thread, it's not real and you just need to avoid to read further when it's about Bitcoin investment or things he bought from Bitcoin investment.

Well sorry to burst your bubble there mate cuz I feel not all thread on bitcoin purchase are made up story although I won't denie the fact that a fraction of these type of thread are actually done for earning merits but still on still there are some few ones where the users actually shows great joy in successfully acquiring some BTC because many are challenge with the boldness to actually buying what you have actually had wrong view about or have been told times without numbers that BTC is actually a scam project. But everything went differently after you attained proper knowledge on the so called scam project which eventually turns out to be the opposite and also a great means to save your money without it depreciating over time and still have some profits if you are strong enough to endure with the investment.

bayu7adi

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dont be greedy

The allure of free money doesn't always drive us to grow. Sometimes, we need something to try with the fruits of our labor, as that's what can enhance our caution in decision-making. Adrenaline is more easily ignited when the risks we take are part of our lives.

However, it is worth noting that everyone has their own unique investment style. This is also influenced by the risk profile of each individual. Having a high level of experience will sharpen the instincts of an investor, whether they're using free money or their own funds.

topbitcoin

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Quote from: Edcrypto91 on June 30, 2023, 04:20:20 PM

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum or putting in your entire savings to purchasing Bitcoin I am not against making Bitcoin investments but
Before making Bitcoin investments always make sure the odds are safe for you like some members here will say "" make investments that will not affect you" in other words make investments with free money except you have more profiting ideas than hodling

I am sure this is what other investors here do

I don't know whether he is a beginner knowing Botcoin or only has a low account in this forum (beginner).
If they are only beginners in this forum but know Bitcoin further before they enter this forum I think there is no harm in. But whose name is investing is stage two after personal needs are met and do not interfere with the cash flow that you have prepared for your life needs, while reaching bitcoin volatility and having more money is a good step, even selling property to increase its investment in bitcoin, but Even so he still has a place to live, rather than waiting for profit from a relatively long property, it's better to store it in Bitcoin.

If he is a beginner who knows Bitcoin investment and does not know anything about Bitcoin, only knows bitcoin from others and / or is carried away by Fomo because many invest in bitcoin, of course it is not a good thing for investment that is done let alone they sell property Owned, without having a mental investment in Bitcoin, people who do that will easily stress if Bitcoin experience deeper correction.

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