Topic: Give Bitcoin investment time - page 6. (Read 836 times)

Education like this is necessary for beginners who have just learned about Bitcoin. Sometimes beginners are so enthusiastic about bitcoin because they think that bitcoin can make them make quick profits. But fortunately, in the end, many beginners then learn independently and begin to understand that Bitcoin is indeed better as a long-term investment, not short-term. So now we can see more and more wallets storing bitcoin and their growth is increasingly rapid. And yes, the wrong mindset and understanding are the source of mental problems and panic in holding Bitcoin.

Time, analysis and patience. That's a complete package that someone who is determined to invest in Bitcoin must have.

It takes time to get maximum results from BTC investments, not months or 1-2 years, sometimes it takes 5 to 7 years before we can feel the results.

This analysis is also important as you said, even though we invest we also have to take advantage of opportunities in purchasing BTC. From the analysis we can see the BTC trend at that time whether it is in a bearish or bullish phase, the resistance and support levels where we can determine purchases according to these factors so that we can get the lowest average price and if the BTC price rises we will get a profit directly. maximum too. Buy with a limit without rushing is the best way.

Both stages require a strong mentality and patience. A healthy mentality will maintain your patience in making successful investments.

Many folks are doing the same thing you mentioned. Perhaps many people are planning for Bitcoin's halving next year. Of course, I am one of them. Although there are still many doubts about Bitcoin, it is no longer our concern; rather, it is their concern.

Now, if you have Bitcoin in your balance address and are waiting for the halving or bull season, it might not be a terrible idea to put it into staking or farming so that you can earn right immediately, right? as long as the platform is still DYOR.

Most times, people see bitcoin as a get rich scheme and suddenly mount so much pressure on it there by seeking every possible way to milk and make profit from it and suddenly end up blowing their accounts. I also once spoke about this issue and from my observations , one of the major causes of all these are from preachers of bitcoin and cryptocurrency because most times, when people introduce bitcoin and cryptocurrency to others , they give them so much hope and inculcate in them the mindset of an instant profit and even giving them a time frame as if they could manipulate the market and when the target isn’t met, their prospect becomes disappointed and seek other ways to make profits.
If you’re holding for long term, please do without fear else, define your purpose for holding and stick to it.

Yeah, the behavior of the person, can result to their efforts towards maintaining wins. Such as the desire to show off or win huge through bitcoin is like gravity. It can't endure delays. The person will be forced to move their money and throw it on their show off attitude. And others have personal means of extinguishing the fire of desires to spend on what doesn't matter in their life. However, since gambling is one top priority of that person, he'll keep doing it. There, his advancement to garner gambling skills would come to play. Most people don't care about how little there sold. What matters to them is their personality. Those disciplined gamblers maintain good monetary behavior. Although we tend to hear much about the stories of careless gamblers, losing everything on lifestyle on gambling. Than others who deliberately manage their gambling activities, money wise. Such people also exist in bitcoin bull and bear race. But the disadvantage is that they'll lose out. But, since it doesn't feel like they've lost completely. By holding some fractions of their bitcoin investments in fiat. They'll always do what's on their mind. We also have such people that sell after a bullish run. At least they went home with huge profits. That can set them financially free. With the duration different for every investor who made it to the bullish time. How much they invested in the business. While bitcoin requires time and patience, we need to make it count. At least investing on what will create happy profits. And I can't say, how bad it'll be for a person who is indebted because of bitcoin. Just like in Poker player's quote. Such personalities who find themselves in bitcoin is still better, because the bitcoin is safe and can be used to settle such problems. According to the season of bitcoin. The gambler being able to take loans to keep up with the standard of his gambling activities. Will easily be indebted with no source of paying some of the money owed. Hence behaviors and attitude goes a long way to explain people who act like this, not minding the field they fell into. Some fields can be favorable than the other. 

There are also other examples where those who won the lottery maintain and increase their wealth. The same can be said about Bitcoin, for someone it will be enough for 5 years for their purchase of Bitcoin to bring a good profit, and for someone during this time, at best, they will only be able to return what they put in, or if they buy high and sell cheaper, they will receive losses.

It all depends on the individual, the ability to manage your finances, manage your fears and emotions. This is all difficult work, everything related to finance is not easy, and in order to achieve results you need to work on your personality.

Many people invest in bitcoin in the hopes of becoming wealthy soon, but this is not possible, you must be patient over time to realize the benefits If you are in a hurry to get money, I feel you will lose since you did not take the time to properly plan so that you may enjoy the rewards Many individuals do not have time to learn about Bitcoin, since they simply want to get wealthy You cannot become wealthy quickly you must work hard because success does not come without many hurdles, In bitcoin investment  you will gain and lose but if you leave it for a long time you will earn more than you lose.

Bitcoin investment is not for everyone because many people will think it is a fraud If you try to explain how bitcoin investment works to some individuals, they will assume you intend to swindle them or they will claim they don't want to risk their money I don't believe many people will succeed now without risk, therefore I prefer to explain bitcoin investment to my younger siblings because I know they will trust me and follow my recommendations.

that's because many people think that bitcoin is the fastest way to get rich. they see many people getting rich by using bitcoin. However, they don't know how the person is trying to make a lot of money with bitcoin. They assume that buying bitcoin, then waiting a few days, then the price will rise very high.
It's not wrong if people think that bitcoin is a way to get rich, but it also requires time and analysis. There are many things to consider when holding bitcoin. Especially if we are targeting big profits, then we also need to increase our patience.

Usually, it will come to greedy people who want to make a profit in a short time.
Yes, they end up losing money instead of getting rich but they don't stop trying other "opportunities" because they still think they can get rich quickly in a short time.
This mindset must be changed immediately because otherwise, they will never make money from anything.

If they intend to invest in bitcoin, they should also learn more about bitcoin so they know what they need to do before and after they invest in bitcoin.
If they are not willing to learn more about bitcoin, they will panic when the market changes direction many times.
And if that happens, they could miss out on opportunities to make a profit.

Not only with Bitcoin. In general, wanting to get rich quick is a bad idea because it usually ends up with you losing your money instead of getting rich. And even in the cases that succeed, such as those who win the lottery, there is a majority that after 5 years have lost everything and in some cases are even more indebted than before they won the prize.

In any investment, it will not be profitable for those who are greedy, there is no investment that promises to get big profits in a short time, so that must be understood first.
Greed can destroy everything even for those who have excellent skills in trading, but the effects of greed can destroy their trade or investment.
In trading or investing, the main thing you have to learn is self-control, accompanied by knowledge about trading and investing.
Bitcoin has quite fast and significant movements, but even so it is not easy to take advantage, so don't ever assume this is an easy thing and then do it carelessly.

It is very dangerous for someone who wants to get rich quickly from investing in Bitcoin, many incidents actually make them miserable, what's more, they don't have enough knowledge, so they will be tested when the Bitcoin price drops after they make a Bitcoin purchase transaction. Panic is what triggers panic selling, so that the final results do not match initial expectations, but for those who have good knowledge, bearish times like this are suitable to collect bitcoins and wait until the bullish season occurs to sell them

How can somebody buy bitcoin in a short period of time and expect a huge profit? It may possibly, but it's depend on how marketing is flowing during that period of time. That is why, whatever you decide to do, you must do so with a clear mind, rather than thinking adversely after you've purchase a Bitcoin. Now everything in life requires appropriate patience, How can someone be panic on top of what he has decided to do? To make a large profit from Bitcoin, we need to patience, mate.

Those who want to become quick rich from bitcoin investments are most likely Bitcoin isn't perfect choice for them. They have to regret seeing the Bitcoin dump constantly. We must know how to handle Bitcoin, otherwise we can't make money. We have to have patience to get profits from Bitcoin like a real-life business. We don't have any money-making machines in the Bitcoin chain that would make us rich so quickly. This should be clear when we advise someone to make a bitcoin investment. Otherwise, how will new individuals learn about Bitcoin investment? Also, we have to explain what the actual goal of Bitcoin is beyond investment. So they will learn properly about Bitcoin.

Anyone who thinks investment in BTC is going to yield a quick profit should be directed to where the altcoins dwell, because BTCs spot is one that doesn't give in easily to the pressure of the market due to its decentralized nature and price at the moment.
HoDL is good for BTC that's why new traders are advised to HoDL BTC but trade alts.
Those who gave it time understand better the FUD associated with HODLing and they know that though the profit after the end of HODLing might not be as much as if altcoins made profit, but the loss would have not been as bad as when altcoins lose to the market volatilities.

Anyone who thinks investment in BTC is going to yield a quick profit should be directed to where the altcoins dwell, because BTCs spot is one that doesn't give in easily to the pressure of the market due to its decentralized nature and price at the moment.
HoDL is good for BTC that's why new traders are advised to HoDL BTC but trade alts.
Those who gave it time understand better the FUD associated with HODLing and they know that though the profit after the end of HODLing might not be as much as if altcoins made profit, but the loss would have not been as bad as when altcoins lose to the market volatilities.

Expecting a quick profit from an investment is a pretty crazy beginner's idea.
I even need a lot of time to be able to benefit from an investment.

Even investing in fraudulent coins is a process, but it's high risk.
It's like catching a knife with your bare hands from a height.

Or if you want to be faster, you can trade Futures with high leverage and place LOGNG orders,
enter before Cointelegraph makes news about the ETF and exit when there is confirmation that the ETF news is true.
That would be instant profit LOL.

I don't know why those beginners who enter crypto always expect big and fast profits, but don't want to do a process.
Even though Crypto has a high risk but they don't realize what they are doing.
Nothing is instant, those who get big profits in an instant are just lucky.

The getting rich quick scheme that they think bitcoin is, is what makes them get disappointed when it didn't turn out the way that they expected it. I believe this is the same reason, why newbies jump into trading. I see short term investors more of trading than investment, because an investment should take a good number of years before you can start to reap from the fruit of your labour. The problem is that we are in a world that people want to get rich overnight forgetting that, a genuine investment or business can't be so. Impatient, lack of knowledge and lack of preparation can make newbies think that bitcoin can give them fast profit and they will end up running at loss.

If you want to be successful in investing, you need time, discipline, patience and enthusiasm. It doesn't matter how great your talent is in analyzing things or how much money you have, because it all just takes time which will make us make big profits in the future. Likewise, if we want to have children, we cannot have children in one month, women need nine months to give birth to children.

Panic and anger are things that make our investments lose money and must be eliminated slowly because investing is only suitable for those who already have good systems and management.

This is the mistake or ignorance of these people: they have been wrongly introduced to investment in Bitcoin; they think that investment in Bitcoin means becoming rich. Therefore, they often face losses. Investment doesn't mean to become rich directly; for that, you have to put in good effort by gaining knowledge. That's why we say that you should visit this forum and gain knowledge and learn the real investment method, because outside of you, everyone has their own interests. No one will tell you how to invest in Bitcoin in the right way, and due to this, many people have to face losses.

Therefore, a proper strategy is required for investment in Bitcoin, whether it is a short-term investment or a long-term investment. Without gaining knowledge, you will not expect any profit from Bitcoin.

Absolutely right. Here, we need to be aware of those people who come and connect with Bitcoin and get rich quick dreams. So to inform them that Bitcoin is not a rich venture, wake them up to the fact that investing in Bitcoin requires a proper strategy, and tell them that they need to manipulate risk management for investment. If they need to get a profit from Bitcoin, they need to diversify their investment amount under DCA, get some part of the investment to take for the long term, and hold it. So surely, it will give you a profit in return.