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Topic: How much effort should one put into Bitcoin investments - page 5. (Read 586 times)

sr. member
Activity: 1316
Merit: 379
Fully Regulated Crypto Casino
What you must know is that bitcoin is not a quick get rich scheme or Ponzi scheme where you invest and expected to get an increase within the limited period of time. However, if you are venturing into bitcoin it should be that you are accepting all responsibility of any lost that may occur during the process otherwise, its advisable to only invest the amount you could be able to loose without any regret. Bitcoin invest have always been a risky investment and for you to enjoy all the benefits you needs to be a risk taker for you to reap it all and it requires a long term investment not a short term.
This impression is simply what puts people or non-crypto investors at risk; they assume that making or earning profit will happen easily in this industry but in reality, there's no such thing. A proof to this, are people who were already in this industry for years but are still suffering from losses simply because there's no certainty with market price movements, and this simply affects both profit and loss so better be careful  no matter what.

There are some exceptional cases whereby the investor may decides to do DCA with this maybe he may not get trapped entirely by making lost for investing into bitcoin or crypto. I have similar people as well who doesn't focused on studying the market before jumping into investments, what they know is whenever the market starts appreciating they feels is the right time to venture without knowing that investments starts during bear market.
copper member
Activity: 2156
Merit: 983
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There is no exact number it always depends on you when it comes to investment.

Yeah for now and till this date bitcoin already proven to fight the inflation and keep maintain the price touch record high. But this still an investment you should Do Your Own Research and Do with your Own Risk + Only invest with cold money meaning only invest that you can afford to lose
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
Mental, financial and emotional efforts should be controlled when engaging in this industry. In terms of physical efforts, obviously, there's no need to. These efforts on the other hand will be needed in order to manage the risks in this investment; prices do tend to change from time to time. One wrong decision and huge loss would be the outcome.
What you must know is that bitcoin is not a quick get rich scheme or Ponzi scheme where you invest and expected to get an increase within the limited period of time. However, if you are venturing into bitcoin it should be that you are accepting all responsibility of any lost that may occur during the process otherwise, its advisable to only invest the amount you could be able to loose without any regret. Bitcoin invest have always been a risky investment and for you to enjoy all the benefits you needs to be a risk taker for you to reap it all and it requires a long term investment not a short term.
This impression is simply what puts people or non-crypto investors at risk; they assume that making or earning profit will happen easily in this industry but in reality, there's no such thing. A proof to this, are people who were already in this industry for years but are still suffering from losses simply because there's no certainty with market price movements, and this simply affects both profit and loss so better be careful  no matter what.
legendary
Activity: 2436
Merit: 1104
Soo in general how much should one invest in Bitcoin should it be "how much you can easily invest without stress " or "as much as you can invest at all cost"
if they are smart the only option people should choose is only invest how much they can afford to lose. investing money that you can't afford to lose can put you in a bad financial situation. That being said, if they are willing to risk their financial security in hopes of getting profit from investing in Bitcoin, then that is on them.
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
Today, bitcoin is considered a very promising investment because its upside potential is superior to other assets but that does not mean it is risk-free, and the higher the return, the greater the risk. Depending on your economic situation and given the right amount to invest, you should not compare with others.
Invest only the money you can lose, that's our investment motto. You should not borrow or use your daily spending money to invest, as there is no guarantee that your bitcoin investment will yield the return your plan. If you don't have too much money to invest then start with the minimum amount and can accumulate slowly, Bitcoin is long term so don't be afraid to miss the opportunity and rush to invest.
full member
Activity: 798
Merit: 134
There should be a focused or a value for investing in bitcoin, this mind set of making huge money in returns have really destroyed many people's plan towards what they thought of bitcoin would be to them after investing, many people couldn't invest at the right time which resulted them to invest at the end of bull about entering bear market and it backfires them.
This have created a negative impression towards bitcoin why some don't want to hear anything about bitcoin anymore was their ugly situation and unable to read and know the reason why they are investing into bitcoin. So if this impression was removed and focused on usefulness of bitcoin then they wouldn't have faced those consequences of falling for the bear market.
hero member
Activity: 868
Merit: 952
The narrative of investing into bitcoin for huge profits is such a bad one that people need to stop. Although bitcoin is an asset and a great store of value but its volatility usually means needs to be careful what they bring into it. There’s no specific amount too small or big that can’t be invested in it but the problem is can you stay like years without panicking over that amount or is that amount not meant for something way too serious.

The amount meant to be invested is any amount that can be more less abandon able by the investor except maybe a sever emergency crisis the reason been that no one can tell you exactly when the bearish period might arrive and when they not be.
legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
Bitcoin investments is a very promising investment which although seems to be of long term returns.most persons are not patient enough to wait till the value of Bitcoins rise significantly .
Anyone that wants to invest in bitcoin should have the mind if making the investment to be long term, but do you know that bitcoin investment can be short term too if you are able not to fomo but speculate very well? Examples are people that invested during kas year December, they are ripping their profit now. But for a significant bull market which means higher profit, long term should be the investment.

Soo in general how much should one invest in Bitcoin should it be "how much you can easily invest without stress " or "as much as you can invest at all cost"
Invest the amount of money that you are capable to invest.
hero member
Activity: 994
Merit: 744
Bitcoin investments is a very promising investment which although seems to be of long term returns.most persons are not patient enough to wait till the value of Bitcoins rise significantly.
Bitcoin investment is indeed a promising investment that yields a very good profit when the investor waits patiently for some period of time.


Quote
Soo in general how much should one invest in Bitcoin should it be "how much you can easily invest without stress " or "as much as you can invest at all cost"
Although I am aware it isn't a do or die affair
As you have stated, Bitcoin investment is not a do-or-die affair, and due to the risk involved, it is advisable to invest the amount you can afford to lose. Additionally, make sure you did not take out a loan to invest in Bitcoin.

Furthermore, try to gain some basic knowledge about Bitcoin and how it works before investing in it so that you know exactly what you are investing in.
This will be helpful as a start.
sr. member
Activity: 1316
Merit: 379
Fully Regulated Crypto Casino
What you must know is that bitcoin is not a quick get rich scheme or Ponzi scheme where you invest and expected to get an increase within the limited period of time. However, if you are venturing into bitcoin it should be that you are accepting all responsibility of any lost that may occur during the process otherwise, its advisable to only invest the amount you could be able to loose without any regret. Bitcoin invest have always been a risky investment and for you to enjoy all the benefits you needs to be a risk taker for you to reap it all and it requires a long term investment not a short term.
newbie
Activity: 5
Merit: 1
Bitcoin investments is a very promising investment which although seems to be of long term returns.most persons are not patient enough to wait till the value of Bitcoins rise significantly .
Soo in general how much should one invest in Bitcoin should it be "how much you can easily invest without stress " or "as much as you can invest at all cost"
Although I am aware it isn't a do or die affair
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