Don't be intimidated - page 6. | Bitcointalksearch.org

AmoreJaz

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Quote from: Accardo on June 30, 2023, 05:48:04 PM

I don't think anybody is forced to invest into bitcoin, if a person feels pressured by the success stories of other members, they will never make the right decisions for themselves. And it could lead them to make uncalculated decisions. Hence, your advise is valuable, but will rarely make any change for a person with high fantasies for riches and believes bitcoin will take him there in a short period. It's not intimidation, I think such people impose it on themselves and were not able to control their desperation to earn big through bitcoin. Such people, after selling properties, also add bad PR to bitcoin, if their weirdest dreams didn't come through. As a good number of pressured investors don't hold for a long time.

at the end of the day, remember that it is yourself that has the final say to what you will do with your funds. you can read about other opinions and unsolicited suggestions, but you need to be firm about your decision as this may influence your financial stability if you made wrong choices.
i understand, a lot wants to earn big money on this market, however, they will soon understand that there's more to this than meets the eye in this market, once they are losing some of their investments.

Lanatsa

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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

Be wary and sensible on what you are doing or in regards with your decisions and you cant really just make yourself diving into a certain investment without proper planning and research even if we do tell ourselves

that we are just noobs but putting up effort on making some research doesnt really cost you an arm and leg on which it would really be just that normal that you should really do your assignment first.
You wouldnt really be on you right mind on selling properties which you've been thriving on buying and selling it out again for Bitcoin investment? Why you cant just simply trying out to make profits out of those
properties and the money you do make would be invested back in bitcoin?

It doesnt really needed up on selling back once again because if there are some viable sources on which you could get funds on investing into Bitcoin then it would really be that wise on taking that option
rather than on selling it completely which i would say a dumb decision to be made.

Wiwo

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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 holding

I am sure this is what other investors here do

This is a generally accepted warning most especially to newbies who seems to be the most excited set of people here to always announce their bitcoin investment and how much bitcoin they are worth in the bitcoin accumulation model, not minding or taking into account what the risk of buying bitcoin at the wrong time is.

I saw a few guys opening a buy position at the current Bitcoin price, it is not entirely a bad idea anyways but buying at a high price is considered as buyi g under due rest and that won't be a good idea in the long run.

Wimex

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I feel that most investors would not be influenced by what people say in a forum, the simple fact of investing in something, be it Bitcoin or anything else, requires a study and development of various factors that influence it. , only beginning investors would be carried away by the words of others ... but anyone with considerable financial education would not bet their money on a single investment. As they say, we cannot put all our eggs in one basket... For me, investing in Bitcoin is not a bad idea, although its values fluctuate, it has a very marked upward trend.

Alpha Marine

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Quote from: Hyphen(-) on June 30, 2023, 04:40:05 PM

It is essential to understand that no one cares about what you have put in Bitcoin; so, do not invest with the intention of showing off without conducting any study into what you are investing in. Even if you are investing in Bitcoin, be sure you understand the fundamentals behind what you are doing and do not invest with the intention of making quick money.

I don't think people do it to show off. Most people that invest without having an understanding of Bitcoin just want to make a profit, which is good because that is the whole idea of investing, but it's not right to just dive into something without understanding at least the basics of that thing.
Most of these guys don't just want to miss out on an opportunity. It's why people easily fall for shitcoin scams and Ponzi schemes. When a person is too eager and desperate to make quick money, they'll most likely fall into the wrong hands.

Quote from: Hyphen(-) on June 30, 2023, 04:40:05 PM

Always avoid borrowing money for Investments.

Actually, it depends.
People borrow to start up businesses. A business can be seen as a form of investment.
There are crypto traders who have people invest with them. They collect money from people, trade the money, and give the investors their share of the profit. A Very risky business, I don't advise it.
Personally (and this is not financial advice in any way), I think it is only okay to borrow for an investment when you have in-depth knowledge of that particular investment, with some experience. And even as you borrow, make sure it's something that you'll be able to land on your feet if things go wrong.

famososMuertos

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LE ☮︎ Halving es la purga

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

...//...

In reality, everyone must evaluate what they do with their money, based on their own thoughts and not those of third parties, we are a discussion board on bitcoin, this is a necessary process to guide future decisions, but they do not have to be direct triggers for decisions investment.

There are people here who mention in this same thread, they sold land that they do not have in use, but they have really ever had the ability to buy, they know the informational fact of what bitcoin means, but they do not have the experience of making a decision on a liability important, as it is to be able to buy a house, or land, in their life they have bought a pair of shoes and they give advice on buying and selling assets or liabilities, just because you know that bitcoin is an asset to invest, does not mean that it is investment priority over traditional investment models, diversification is the key.

The issue is that you do not prioritize your investment, that is, the idea is not to sell a property to buy bitcoin, the idea is to have access to bitcoin without affecting your economy and selling land is a bad idea when it is the only thing you own as heritage.

Accardo

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I don't think anybody is forced to invest into bitcoin, if a person feels pressured by the success stories of other members, they will never make the right decisions for themselves. And it could lead them to make uncalculated decisions. Hence, your advise is valuable, but will rarely make any change for a person with high fantasies for riches and believes bitcoin will take him there in a short period. It's not intimidation, I think such people impose it on themselves and were not able to control their desperation to earn big through bitcoin. Such people, after selling properties, also add bad PR to bitcoin, if their weirdest dreams didn't come through. As a good number of pressured investors don't hold for a long time.

BitcoinPanther

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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 think selling an unused property is ok since it is just sitting there idle. It is the same as an investment that does not affect the investors. Since an idle property is like a liability because the person just paying tax for a land that does not produce anything. Selling it is not a bad idea plus investing the money from the sold land to Bitcoin is a good idea because in my perspective, Bitcoin is an up trending market which can give the person profit.

At the end of the day it is all about how a person believe in Bitcoin market, so the view about is it wrong or right to sell a property to invest in Bitcoin is subjective but the Bitcoin market history states that it is more likely profitable depending on when the person sold the land to invest in Bitcoin.

SmartGold01

hero member

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If anyone here is investing to show off then such person doesn't have sense of reasoning because those whom you think of pleasing doesn't know whether its true investment or not. At some point many people would think is a lie so why stressing yourself to sell a landed property to invest in bitcoin knowing too well that doesn't add any value to you rather taking a deadly risk.
Does the person knowns the feature of what bitcoin would likely turn out to be?
The answer is "No" but we are optimistic and passionate that something good could like happen whereby bitcoin price would hit another ATH.

mvdheuvel1983

sr. member

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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

This one is like a bitcoin slogan. And it is not just restricted to only investing in bitcoin only but to other investments like stocks. Perhaps a lesson warning should be for everyone to weigh their level of risk, how much risk can they carry and from it invest in bitcoin or not. I think it is easier to invest in bitcoin when you are single than when you have a family and more responsibilities because one wrong investing mistake and you and your family may just be on the streets. Seek financial advice and before investing.

Zaguru12

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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

You post can just simply be summarized as don’t invest base on the advice you get from the forum or anywhere entirely. Just do some research and invest what you can invest. I don’t believe most of even the members that comes out to say they sold some certain properties to acquire bitcoin, I see it as just click bait or merit fishing as the forum calls it. The percentage of people that actually sold for real did that with properties that they do not use or have in numbers and with this they can do away without one. Aside this it is never advisable to sell your properties for bitcoin.

Another reason people invest most of these properties into bitcoin is basically for profit and that is not enough good reason to invest in it. People feel like bitcoin wouldn’t have a low again after the halving but that is not true because based on the time even proposed for bitcoin mining to stop I think even a bitcoin worth $100k is still low considering the year since it’s inception to now and how the price grows and how many years left for that.

So do not copy invest, invest what you can to because this gives you freedom to hodl for long and that is the most safest way to earn profits in bitcoin

Hyphen(-)

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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

It is essential to understand that no one cares about what you have put in Bitcoin; so, do not invest with the intention of showing off without conducting any study into what you are investing in. Even if you are investing in Bitcoin, be sure you understand the fundamentals behind what you are doing and do not invest with the intention of making quick money.

Quote

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

Yes, Always invest the amount you can afford to lose because of the risk involved in Bitcoin and cryptocurrency investing.

Always avoid borrowing money for Investments.

Edcrypto91

jr. member

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You are an anonymous friend if you promote Bitcoin

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

Topic: Don't be intimidated - page 6. (Read 1005 times)