Topic: Give Bitcoin investment time - page 2. (Read 897 times)

Long-term investing will be great when it's done right.
buy gradually with some capital that is indeed provided.
When compared with short-term selling, it will only get temporary profits.

There is no better profit accumulation than long-term.
Short-term trading is full of emotional pressure that will result in profit itself. 
If you calculate the profit gained between long-term investment and as a day trader, the results will tend to be the same or even more long-term investment,
without emotion, without panic, and only need to wait for the main target to be achieved.

In addition, there are also some traders who do swing trading by utilizing the Mid-Term Time Frame (1H-1D) entering at a cheap price and then selling when the price starts high, this may last for several days or several weeks, depending on the top resistance target reached in that time frame.

I think they don't have a good idea about bitcoin because they don't have faith invest in bitcoin and proceed with faith. There is no fear of getting lost in the crypto market bitcoin is at the top of all currencies. Other currencies rise in value depending on the price of bitcoin is the best currency to invest in and it is possible to earn some profit if you wait long term. Like all other currencies there is no reason to fear if the price goes down it's just a matter of time before it pumps up again.

Investors who like to take profits in the short term are no different from traders who often stop by the market, because traders very often carry out actions like that in what they trade. But investors should be a little different from traders in the market, although it is also not wrong to do things like that because it is for the profit that they can get through their investment. However, let's look at some investors who like to take profits after setting their investments in the long term, I see the profits are much more extraordinary than those who take them in the short term.

Maybe that is because this is what they see Bitcoin (or as a quick rich scheme) so their expectations are high about it. It also depends on the people. Be it BTC investment, or a business, there will always be people who are too impatient. The source of panic is not because of it but it is due to FUD and other negative (legit) happenings in the market. It won't also be possible if their emotions aren't too fragile enough.

We never fail to educate people about Bitcoin, it's just that they neglect it and rush in the gold. There is no need for us to change the way we taught BTC but the one's that needs a change are those people in our subject.

It is very important for investors to apply long holding to their Bitcoin, if truly they want to make a huge amount of money from their investment, because the longer you hold your Bitcoin in a safe place it will determine how much income you are going to make when the price increase higher in the future. You can still make income from short term holding but the income will not motivate you like the way long term income will motivate you to increase your capital so that your income will multiple in the next pump. Bitcoin investment is different from fiat investment, and always try to be patience whenever you are ready to hold Bitcoin for a long period of time which is the best way nvestors use to secure income from their investment.

Well, we can't blame them; they enter bitcoin hoping to earn a lot, as they foresee the potential of bitcoin or how popular it is right now. I'd say bitcoin is not for a person who doesn't have the patience or financial state to sustain their investment. Why? It's because investing in bitcoin, while potentially lucrative, requires a significant amount of time and patience; unlike trading, you don't place your trade and expect it to profit the next day. But in order to earn a lot, you need to wait, and of course, you need to think carefully before making your trade or investment. So for those who desire quick profit, sometimes they are the ones that face a miserable situation because of bitcoin; they are the ones who blame bitcoin, but the truth is, they are the ones who place themselves in that situation. You are right; bitcoin or any crypto is not for people who desire a fast profit.

It is not because of the trust issue. This is much connected with the way users have been said. Most of the users who had turned to be cryptocurrency users were not by choice, their involvement is by purpose. A close friend or someone next to him/her have introduced it as a better investment and had shown the growth chart and life changing experience of many people. This surely makes them get into these kind of thoughts. When they enter and start using cryptocurrency as investment as well as for other purposes, we'll get to know better about bitcoin and how it grows.

Bitcoin investors desire quick returns and may become tired of holding their coins due to fear. However, they can still be part of Bitcoin by being open to new ideas and not viewing it solely as a means to make money. They perceive Bitcoin as riskier than their professions, as they don't fully trust it.

This is a realization that most of the people who want to invest in bitcoin do not actually understand bitcoin well and their decision to invest in bitcoin is not because they are highly knowledgeable about it but they invest because they believe that bitcoin will offer quick profits just by short term investing. In reality, it is very wrong because in all kinds of investments, profits are gained after years of business operation and bitcoin is never an exception. And its clear that those who risk in business do not enjoy profits very early but most of the time, they incur losses at first before they will come to enjoy the fruits of their business, that is their most awaited profits.

Education can be vital for all bitcoin investors. That they should understand all the basics about bitcoin first before they take part in risking their money to invest in bitcoin. And just like other type of businesses, bitcoin investment needs more time to progress before people will enjoy harvesting their profits.

Making quick money with Bitcoin is possible, but it does not happen quite often. The market is volatile, and the price movement is unpredictable and for this reason many events could cause bitcoins price to pump suddenly to a level where you can make quick profit. It will take a tremendous luck for this to happen. And people think that they can do it too. But it becomes more like a gamble. If the luck is on your side, you may win something huge.

Bitcoin has always been a long term investment asset. You can only get a good amount of profit without any kind of risk only by Hodling for longer period of time. The risk is there, but it's not that much to be considered as a risk. I mean, it's an online thing and anything could happen to it at any time. No one can guarantee a 100% secure investment. And all investment carries risks.

Also, bitcoin is not an asset to begin with. So if a person is willing to come into bitcoin just only for its use case, then they don't need to know about all of this. But I like the idea of sharing every bit of knowledge that comes with bitcoin learning. The more you know, the better. And you need to know every pro and cons of bitcoin before joining. You will get profit, yes! When will you get it? You need to wait a longer period of time! That's what bitcoin is.

For some people they know exactly what to do in conditions like now because they have seen Bitcoin's journey so far. Holding bitcoin for the long term while accumulating it is the best way to make big profits and this is usually done by some people who do not have large capital. If we are able to see the right opportunity to buy and are supported by large capital then this step will be much more optimal, but if our finances are limited perhaps one way is to use the DCA pattern.

That's why someone must be able to be responsible for the investments they make and not force themselves beyond responsibility to lose. Even though Bitcoin is one of the best investments, if someone comes to this investment without good knowledge and experience then something like the case you are talking about will happen. In fact if he acts calm and doesn't sell out of panic, he certainly won't lose because Bitcoin will return to a repeating cycle.

The people that are not yet into Bitcoin has this thinking, they think that those who have become successful in Bitcoin just managed to invest newly as if it seems like get rich quick scheme but it's not.

Those that want to get rich quick should learn to manage their patience, it's not the way to go because the more you want it to be quick, the more you're making yourself vulnerable into higher risks.

You're right that they may fall into ponzi schemes which is typically happening to those that don't have patience at all. And those that are trying to trade, much better if you study that but it takes time and money as well so patience is still needed.

Price volatility and misguidance are probably the reasons why most new investors have such mindsets regarding Bitcoin or cryptocurrencies, one more reason could be the pump-and-dump cryptocurrencies that gain and lose substantial value in a very short period of time and when inexperienced investors see that, they expect the same to happen with Bitcoin or any other cryptocurrency which isn't actually the case but it's all because of a few misunderstandings from their side.

People mostly do their homework before they start a business or want to become a shareholder in a certain company or establishment, which they don't do in a proper way when getting into the cryptocurrency market and whatever they've heard and seen from here and there is what is stored in their mind and they think of this market as a way to get a lot of money in a very short period of time which happens, sometimes, but only out of luck.

It's because that is how Bitcoin was promoted to them when they were firstly introduced to crypto world. However, if Bitcoin was properly taught at schools by serious professionals, and not by the media or virtual scammers, since an early age, people would get much more realistic about their Bitcoin expectations since the beginning of their journeys, avoiding a lot of misunderstandings, losses, regrets and complaints later. The issue is that we depend on our local governments to allow such content to be part of the school's grade. And since many of them are against or hostile to Bitcoin, it's still unlikely we are going to see any advancement on this aspect anytime soon in most countries...

Unlike before, this is not the case anymore because most investors nowadays know exactly why they hold bitcoins and they are carefully storing it well while waiting for another bull run which is a high chance to occur in the bitcoin halving season. I remember back then when someone used his grandmother's retirement funds to buy bitcoins and when the price crashed, he blamed all the users here due to the topics he read about bitcoin price speculations. I wonder how he is doing right now, if only he could wait for some years, he could have been happy rather than putting the blame on other people.

Really, anyone who gets into Bitcoin thinking they can make money right away needs to be brought back to reality. To be profitable, you need to spend money and truly understand the subtleties of trading as well as how people's actions affect market sentiment. As a result, you're like a fish out of water and can be attacked in any way.

That's exactly what you said: patience and a long-term view are very important. Cryptocurrency, like fiat, is a chance. The unique qualities and growth prospects of this digital asset make it appealing. Keep in mind, though, that its not a raffle ticket; its a financial instrument. reating it any differently is, quite frankly, setting oneself up for disappointment. Belief and caution should always be balanced. Half the fight is knowing this.

It is right that it should be explained to the person who will have curiosity that having a profit in Bitcoin in a short period of time can happen if we have extensive knowledge of trading skills here in the Bitcoin space. Because if we have no or zero knowledge of trading skills, it is not possible for newbies to earn Bitcoin in a short period of time.

Most of the time, Bitcoin should be held while studying it for a few years or waiting for a bull run before selling it again. If you don't know anything by now, save Bitcoin first if you believe in it. It's no different from the fiat that we save; the only difference is that with Bitcoin, it's possible that the 100 dollars you save now can happen at least five times in the coming seasons or more.

Me too, bitcoin's high volatility is the reason I invest in it more than any other investment. But we should not blame those who do not like its volatility because they are people who like safety and do not like risk. Not to mention many people still don't see bitcoin as an investment, they just see bitcoin as a currency so there's a reason why they like the volatility. But if bitcoin was no longer volatile, would it still be of interest to people? Just on our forum, up to 99% are investors and if bitcoin stabilizes, will they continue to go with bitcoin?

Whoever introduces bitcoin to newbies without also exposing them to its downsides will ultimately bear responsibility. When expectations of newbies don't line up with what they have heard, they will blame him or her. They will start to question the person and claim that they were forced to make investments that would result in their financial loss. 

The idea of investing in bitcoin should not be praised. When discussing investing in it with someone, it is preferable to be blunt. Investment decisions are made by the Person, not you. Since investing involves money, it is never a good idea to sugarcoat anything about it.

Teaching others from scratch is very difficult. Sometimes we have to be clever at making parables or something like that if their knowledge regarding digital assets and crypto is very minimal. And things like this are not easy. Then, even in trading, we must provide direction along with practices that are easy to understand. Teaching them basic analysis may be quite easy. But teaching them about the importance of managing emotions in trading is also not easy. Because to be able to manage emotions in trading, it turns out that experience is needed. But one thing that is certain is that Bitcoin should indeed be much more suitable for long-term investment than for short-term trading. But people who want quick profits. They always choose fast trades. only when they experience losses will they understand how difficult fast trading is.