Having no money to invest in Bitcoin is even better - page 2.

Adams0001

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Quote from: Z390 on June 23, 2023, 05:08:10 AM

I've studied most Bitcoin investors, those who have money to invest are the ones going around looking for someone to teach them how to invest, the first thing they want to learn is how to use the exchange to make purchases using Fiat on the exchange, they are always in hurry, they have no time.

Those who don't have money, have all the time to keep learning and reading stuff online about Bitcoin and the crypto space, they have no reason to be in any hurry and it seems they are the ones that avoid the unnecessary dramas in the crypto space because they took their time to learn first.

Do not walk away from Bitcoin investment because you don't have the money, it's even better not to have money because you will have the patience to learn more about everything, and when the money comes, you will be able to avoid many dramas.

Actually but some people need more explanation even if they make a research about it, so they can invest their money, everyone wants profit, they want to invest before the price go up, so I didn't see anything wrong with it, some people need to have money before making a research, without money they won't force themselves to learn well, because most people focus on what they have, The cryptocurrency market has its own phases and factors that affect it.Some people have money initially, before learning about it and investing your hard-earned money, so they don't lose money when investing.

ultrloa

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Quote from: savetheFORUM on July 10, 2023, 03:29:40 AM

Quote from: Mr.suevie on July 07, 2023, 08:54:31 AM

Quote from: Merit.s on June 26, 2023, 04:12:17 PM

It's true,someone without money will have time to learn about bitcoin because he has plans towards buying someday so that he wouldn't make any mistake that will make him run at loss. On the other hand someone who has the money to invest will also learn about his investment after buying to understand more how it works. But I will say that someone who already has bitcoin and is learning at the same time will have more knowledge than someone who is only learning. Anybody who rush into a business without knowing the risks involved will end up at great loss. If you want to grow in your investment you must learn it proper so that you can be successful in it.

Only a fool would actually go into an investment if he or she doesn't really understand the concept behind what he is trying to put his money into although most people are influence by others through success story that they have experience in bitcoin investment thereby making you all anxious about an investment in bitcoin and in so doing running faster than your shadow and making the investment because of the story you have heard without you making your own research which at the long might acquire nothing but loses because you don't understand the whole concept of investing in bitcoin.

And those fools are called newbies, those newbies that don't understand things properly but only have followed a few influencers on different social media platforms and always listen to their videos and read their posts and tweets and believe that they are the godfathers or investments and whatever they say is so magical and true and it is very easy to earn money through cryptocurrencies, so they go ahead and make investments without proper understanding.

I'm sorry if a newbie is reading my post but it's a fact, you guys really need to stop doing that and start doing your own research before making an investment instead of making the investment first and then running into a public forum and posting to ask if it is worth investing in a certain coin.

Research will only happen to them when they got scam by those influencers they follow since they don't want that scamming incident happen again to them. We can't blame them to undergo on that process since not everyone have easy access of information and most of them have zero knowledge on what they are entering. Maybe on other hand their experience against those influencers help them to became vigilant and also have critical thinking on next investment they want to enter.

Ever-young

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In every business I believe what's required of the person who want to start the business is first to know what he wants to go into and the next is to learn how it works. It's when the person have fully understand the process that's when they can move ahead in thinking about how to start and how to perfect the business.

So even if one have money, it does not stop them from acquiring the knowledge first before they can make a move to invest it on Bitcoin, everything is all base on ones personal believe and how they want their things done. They can follow the due process and learn about Bitcoin, or they can just buy and hold and become a holder which I see nothing wrong in becoming a holder.

Magic-Money

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That's the major challenges Bitcoin investors are facing, mostly the new once that came into the system new, which I was a victim, on investing of Bitcoin before the last Bitcoin bull run started, I bought some fraction of Bitcoin worth of $1500, which 1Bitcoin worth about $4000 and I was happy when a friend introduce me and I bought a little part, and not up to eight months later, 1BTC went up to $28,000 which my portfolio has added profits and that makes me to sell off at that period and I was very happy good return investment profits, which after I sold out, price Keep moving up to $50,000, It was amazing to me, because I still happy for the fact that I invest in the right time and make profits. Hence another opportunity has been open to invest Bitcoin, while waiting for next Bull Run.

zaim7413

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Forming a mindset can make it easier for you to achieve success, those who don't have money will build a strong foundation by learning something that can lead them in a better direction. Every day they always have careful planning to be successful as a Bitcoin Investor, an openness to continue to hone their skills all the time in order to become a reliable investor when they have some money.

Those who want to learn about how to invest in Bitcoin even without capital have big dreams in life, when they have money, they can immediately take advantage of the knowledge they have learned so far. In investing in Bitcoin, don't always prioritize money and then just learn how to invest, we might be ready to invest here because we have absorbed a lot of knowledge shared in the Forum.
Then what about those outside the forum who only study Bitcoin from other sites and then their steps stop due to the limited money they have, of course it takes time to invest when they already have money.

savetheFORUM

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Quote from: Mr.suevie on July 07, 2023, 08:54:31 AM

Quote from: Merit.s on June 26, 2023, 04:12:17 PM

It's true,someone without money will have time to learn about bitcoin because he has plans towards buying someday so that he wouldn't make any mistake that will make him run at loss. On the other hand someone who has the money to invest will also learn about his investment after buying to understand more how it works. But I will say that someone who already has bitcoin and is learning at the same time will have more knowledge than someone who is only learning. Anybody who rush into a business without knowing the risks involved will end up at great loss. If you want to grow in your investment you must learn it proper so that you can be successful in it.

Only a fool would actually go into an investment if he or she doesn't really understand the concept behind what he is trying to put his money into although most people are influence by others through success story that they have experience in bitcoin investment thereby making you all anxious about an investment in bitcoin and in so doing running faster than your shadow and making the investment because of the story you have heard without you making your own research which at the long might acquire nothing but loses because you don't understand the whole concept of investing in bitcoin.

And those fools are called newbies, those newbies that don't understand things properly but only have followed a few influencers on different social media platforms and always listen to their videos and read their posts and tweets and believe that they are the godfathers or investments and whatever they say is so magical and true and it is very easy to earn money through cryptocurrencies, so they go ahead and make investments without proper understanding.

I'm sorry if a newbie is reading my post but it's a fact, you guys really need to stop doing that and start doing your own research before making an investment instead of making the investment first and then running into a public forum and posting to ask if it is worth investing in a certain coin.

serjent05

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Quote from: harapan on July 08, 2023, 06:31:22 AM

I won't say having no money to invest in Bitcoin is better but I agree it has its advantages.

If we have no money to invest in Bitcoin it is indeed it has its advantage and that is we won't suffer any losses but at the same time has its disadvantage because we won't be able to take advantage of the opportunity on having a profit through Bitcoin investment.

Quote

I would prefer to have money and make mistakes the learn form my mistakes. If you don't have money to invest, you might just keep beating yourself up every time because of the opportunities you're missing out on.

I'd rather prefer to learn from the mistakes of others. It is hard in having a first-hand experience of investment losses since it involves us losing our capitals due to mistakes of our judgement that resulted in a wrong decision while being on the person learning from the mistakes of others enable us to avoid certain decisions that lead them to losses.

panganib999

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Quote from: Z390 on June 23, 2023, 05:08:10 AM

I've studied most Bitcoin investors, those who have money to invest are the ones going around looking for someone to teach them how to invest, the first thing they want to learn is how to use the exchange to make purchases using Fiat on the exchange, they are always in hurry, they have no time.

Those who don't have money, have all the time to keep learning and reading stuff online about Bitcoin and the crypto space, they have no reason to be in any hurry and it seems they are the ones that avoid the unnecessary dramas in the crypto space because they took their time to learn first.

Do not walk away from Bitcoin investment because you don't have the money, it's even better not to have money because you will have the patience to learn more about everything, and when the money comes, you will be able to avoid many dramas.

Agreed. Been in both situations and I must say the time and freedom from pressure that comes from not having any money to invest is something that will really help you. I mean you could do the same thing even though you have the money to invest with but when you don't you're forced to do something with your time which in this case is to learn the craft first and foremost before jumping in. Still, when it comes to investing I'd choose having money over nothing cause the opportunities are better, and if I do say so myself rushing in headlong especially in a historically valuable asset like bitcoin who appreciates in value over time is something that isn't really stupid in the grand scheme of things. Provided that you hold as long as you can that is.

Hypnosis00

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Quote from: harapan on July 08, 2023, 06:31:22 AM

I won't say having no money to invest in Bitcoin is better but I agree it has its advantages.
I would prefer to have money and make mistakes the learn form my mistakes. If you don't have money to invest, you might just keep beating yourself up every time because of the opportunities you're missing out on.

Although you won't make the kind of mistakes a newbie will make, learning before having money to invest doesn't always guarantee that you you won't make losses.

Perhaps, learning is expensive and we need money to do that. A reason why rich people become richer is because they are not afraid to take risks even if they will spend more money just to get information or ideas. Unlike those who have no money, let us say that they have a good level of knowledge and skill but because they don't have money to start making a business, they remain poor.
Therefore, we can say that money is very important and this is a tool that would help us to grow our finances as we can afford to invest if we want to.

Wapinter

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Quote from: Z390 on June 23, 2023, 05:08:10 AM

I've studied most Bitcoin investors, those who have money to invest are the ones going around looking for someone to teach them how to invest, the first thing they want to learn is how to use the exchange to make purchases using Fiat on the exchange, they are always in hurry, they have no time.

Those who don't have money, have all the time to keep learning and reading stuff online about Bitcoin and the crypto space, they have no reason to be in any hurry and it seems they are the ones that avoid the unnecessary dramas in the crypto space because they took their time to learn first.

Do not walk away from Bitcoin investment because you don't have the money, it's even better not to have money because you will have the patience to learn more about everything, and when the money comes, you will be able to avoid many dramas.

Gone are the days when you can have free bitcoins through facets and signature campaigns. Now you must buy it to accumulate considerable amount.

Soon Bitcoin will reach new hights and only few of us will have it.
Investment is the best way to own this precious coin else you will be left out of this exclusive community.

Haveing said that, yes it is never a good idea to jump on to any investment in hurry. Always do your own research before getting into any coin.

glendall

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People who do not have the first money, to learn in advance how to get Bitcoin for free then just learn how to trade and get a profit from the free. This is what I did the first time I got to know Bitcoin
But if you say that investors are in a hurry, it is not true that an investor must have understood what they will invest only by reading a little bitcoin synopsis they will be sure of their future so that during the Halving period they have gained 1000x profit from their initial capital

cheezcarls

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When I’ve started exploring Bitcoin, I do not have money to invest. I was broke for most of 2017.

I’ve earned it in my very first gig here on Bitcointalk by applying to be a writer of an esports blog where they pay me via Bitcoin.

It’s a short-term project but at least they did pay me well. Then the rest is history when I’ve started exploring airdrops and bounties in the glory days of 2017.

livingfree

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Quote from: Games.Bitcoin on July 08, 2023, 07:11:54 AM

And secondly, if you don't have enough money for invest, then you will develop a saving mindset. You must work hard to invest and start saving money. Which will give you a good chance in future.

This is what OP is telling.

When you're done with the research and you're ready to buy bitcoin because you've got the money, good job on that because you're able to save so that you can invest.

That's the mindset of many rich people, they save to invest not save to save. If you do understand that, there's a meaning within those words and many got it wrong when they save.

Ever-young

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Quote from: Z390 on June 23, 2023, 05:08:10 AM

I've studied most Bitcoin investors, those who have money to invest are the ones going around looking for someone to teach them how to invest, the first thing they want to learn is how to use the exchange to make purchases using Fiat on the exchange, they are always in hurry, they have no time.

The way human faces are different so are our mind and ways of reasoning. I have come across different kind of people which I have exchanged words with regarding investment decision and all of that, the few people which I have met where never in a hurry to push in their money. It took them time, all few of them was after first was how to make it through the system, what are the do and the don'ts, and how to be safe, and I believe they were all in the right track for thinking about safety first.

It's only those who I think have lot of money which the little they want to invest into Bitcoin will mean little to nothing to them that I think will not think much about what the result might be or it might be as a result of being misinformed from where ever they got their information regarding the investment from, that's what will give them the zee to always be in a hurry to invest because they have conceive in their mind that what's in after investment is huge profit.

Games.Bitcoin

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First of all, you must try to know a lot of information and have enough money to invest Bitcoin. Because in order to make profit from Bitcoin trading, you must invest.
And secondly, if you don't have enough money for invest, then you will develop a saving mindset. You must work hard to invest and start saving money. Which will give you a good chance in future.

darkv0rt3x

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Quote from: Z390 on June 23, 2023, 05:08:10 AM

I've studied most Bitcoin investors, those who have money to invest are the ones going around looking for someone to teach them how to invest, the first thing they want to learn is how to use the exchange to make purchases using Fiat on the exchange, they are always in hurry, they have no time.

Those who don't have money, have all the time to keep learning and reading stuff online about Bitcoin and the crypto space, they have no reason to be in any hurry and it seems they are the ones that avoid the unnecessary dramas in the crypto space because they took their time to learn first.

Do not walk away from Bitcoin investment because you don't have the money, it's even better not to have money because you will have the patience to learn more about everything, and when the money comes, you will be able to avoid many dramas.

I think those might be called also weak hands. If you have money and you don't even DYOR, that is a recipit for disaster in short time! But guess what? If you're doing that other than with Bitcoin, even if you DYOR you'll end up losing your money. Shitcoins have that tendency. The tendency of scams, rug pulls and devaluation! So, don't expect to be rich with shitcoins and without the DYOR.

harapan

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I won't say having no money to invest in Bitcoin is better but I agree it has its advantages.
I would prefer to have money and make mistakes the learn form my mistakes. If you don't have money to invest, you might just keep beating yourself up every time because of the opportunities you're missing out on.

Although you won't make the kind of mistakes a newbie will make, learning before having money to invest doesn't always guarantee that you you won't make losses.

bayu7adi

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It may seem peculiar, but this phase is truly tangible, and I have personally experienced it. Around the year 2014 or 2015, prior to my acquaintance with Bitcoin. There was a time when I found myself unable to make decisions, yet I had an insatiable appetite for learning. When I had sufficient resources to take action, I pursued them wholeheartedly.

I have gone through this phase several times, and the success rate of such endeavors stands at approximately 30%. Out of three different business attempts, I discovered that one of them aligned with my plans and achieved success.

In the realm of Bitcoin, perhaps this phase could be applicable when I am truly strapped for cash. Taking a more measured approach might be the most suitable step towards achieving success.

ringgo96

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Even though we have a lot of money and want to invest in the crypto world, we must first learn how bitcoin performs and what we should avoid because in the crypto world there is a lot of drama that occurs if we are not careful then we will definitely feel losses, and if we want to explore the crypto world then there are many ways to get bitcoin for free, So every thing we do must have knowledge so that we know how to avoid fraud in investing.

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Quote from: RewFrew on July 07, 2023, 09:26:27 PM

Quote from: Z390 on June 23, 2023, 05:08:10 AM

I've studied most Bitcoin investors, those who have money to invest are the ones going around looking for someone to teach them how to invest, the first thing they want to learn is how to use the exchange to make purchases using Fiat on the exchange, they are always in hurry, they have no time.

Those who don't have money, have all the time to keep learning and reading stuff online about Bitcoin and the crypto space, they have no reason to be in any hurry and it seems they are the ones that avoid the unnecessary dramas in the crypto space because they took their time to learn first.

Do not walk away from Bitcoin investment because you don't have the money, it's even better not to have money because you will have the patience to learn more about everything, and when the money comes, you will be able to avoid many dramas.

Sometimes we saw this kinds of event but not all times. Many people involving in crypto currency market they investing on Bitcoin without proper knowledge. For investment and profit from this investment we need to learn about cryptocurrency market and trading instraction, Like how to creat a exchanger account and how to buy and sell and how verify exchanger account and how to withdraw. But many people are investing without thats knowledge and they are losing their fund.

Yes we often see such cases but if someone invests without understanding then he will do big stupidity. I think before investing we need to think carefully before investing. We need to take a look before investing in Bitcoin and other coins. If so, we can get into a lot of problems. In such problems, we need to take some time and then invest.

Quote from: Bazzu on July 07, 2023, 10:33:03 PM

Quote from: wtsimis on July 07, 2023, 10:44:44 AM

Access to education is a right for everyone. How do you think learning about Bitcoin would be for you if you had no money?
To me it seems that to study Bitcoin for the future you must have money yourself or else it will be a boring one. Another thing to remember is that Bitcoin is a very volatile asset. So investing in it carries risk. Investing in it can lead to significant losses without proper understanding and financial stability. But yes if there is no financial investment fund then it makes a person more hard minded to save. If a person can save, his funds will increase and he can create opportunities to invest in bitcoins in the future. That is why the person should improve employability, acquire new skills and pursue entrepreneurial opportunities. They can explore investment opportunities in Bitcoin when they are better prepared to manage the associated risks.

yes, that's the case and indeed investing in btc is not an easy matter because as we know btc has a fluctuating nature so for btc investors of course they must be able to set a strategy and must be able to manage it well, so if abilities are mature then we will definitely invest wisely the correct way is like using idle money to invest in btc.

Investing in Bitcoin has many advantages. If someone invests in Bitcoin, it can be very profitable for him if he can wait for some time. Investing in Bitcoin has less chance of losing money. That's why I always prefer to invest in Bitcoin.

Topic: Having no money to invest in Bitcoin is even better - page 2. (Read 1114 times)