How much effort should one put into Bitcoin investments

Distinctin

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Quote from: jacktheking on April 10, 2023, 09:28:59 AM

It's up to the personal financial state and commitment; greatly depends on how well off the investor is.

We all have to agree with the fact that Bitcoin is a risky investment. With the high return, it comes with its risk. Hence I'd pick the first option for everyone ("how much you can easily invest without stress"). If you put all-in to Bitcoin, you'll have my respect mate. But most of us needs stable currency for our day to day usage.

Well, as much as we know how risky bitcoin investment is, then we should always invest on the amount we can afford to lose. And when that investment prosper, we can start to adjust our investment capital and increase our efforts in it. But no matter how profitable bitcoin is, it’s still advisable to invest with caution and never let your emotions decide when to sell your coins because most likely, if you are feeling negative emotions, selling at its wrong timing will only bring you a lot of losses.

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Quote from: Fivestar4everMVP on April 16, 2023, 04:07:43 PM

Quote from: Victony on April 10, 2023, 03:38:09 AM

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

I would say as much as one is comfortable losing, investing in bitcoin is indeed a good investment, but still, we can not rule out the risks involved, the same as it is with every assets out there requiring investment.
For me, If I have the money, I can invest a million dollar, 2 million dollar, 5 or even 100 million dollar, as long as I have the money and I can comfortably do away with it for a very long time..
Bitcoin investment is much more profitable when done and left for the long term, than it is for the short term.

the amount is indeed very subjective as it depend on the financial capability of the person. that is true, how much you can set aside without worrying too much.
if someone will venture into btc, then, this is good for long-term. if you will observe the market on a daily basis, you will suffer stress as you will have a roller-coaster ride of emotion owed to the market movement.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

I would say as much as one is comfortable losing, investing in bitcoin is indeed a good investment, but still, we can not rule out the risks involved, the same as it is with every assets out there requiring investment.
For me, If I have the money, I can invest a million dollar, 2 million dollar, 5 or even 100 million dollar, as long as I have the money and I can comfortably do away with it for a very long time..
Bitcoin investment is much more profitable when done and left for the long term, than it is for the short term.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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"

Hoe much? Hmm as much as possible.
But this will depend on how yoour expectation in our first investment. Here, sometimes, newbies expect to much to earn money from Bitcoin investment easily and quickly without having good understanding aboit Bitcoin investment and the cycleof bearish and bullish
Byt, if you understand enough withthe concept of longterm investment of Bitcoin, you must know that long term investment must be followed by strong patience, at least until the bullish era. Don't look up the market very often because this will lead you to be more stressful. Why? Because Market is very volatile, it may be rising up amd decreasong very easily every day. Just buy, hold, and forget until the bullish era comes.

mvdheuvel1983

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

If you want to invest in Bitcoin and you have done your homework you can invest as much as you can at all cost at your own risks.
But if you haven't done your research go with the public opinion to invest only what you can afford to lose.

The first one should be done from a place of knowledge, research and a high risk management strategies. The reverse is the case for the latter.

We are seeing more awareness leading to increased adoption, we see institutions moving to endorse Bitcoin and investors wanting to diversify their portfolio are adding Bitcoin as a valuable asset.

The result is what we saw reflected in the price of $30k. So the choice to make an informed decision is yours.

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Quote from: qwertyup23 on April 14, 2023, 10:26:18 AM

Quote from: Victony on April 10, 2023, 03:38:09 AM

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

Well, an investment to begin with is something that you should devote some time to. If you want to invest on something that is "stress free" like you mentioned, then I guess it is better to allocate your resources in stocks by purchasing blue chip companies' stocks in the process.

Investing in cryptocurrencies is definitely risk in itself. With its volatility high, its price may change without any given notice. That is also the reason on why majority of the people invest in BTC either for short/long-term depending on its price on the market.

I think that would be bitcoin, no? I mean if you are investing into something that could make some profit, and requires no work from you at all then you are looking for bitcoin. Just buy bitcoin and hold it and you should be making a good return without a doubt.

I think it requires nothing at all because no matter if it goes up or down, we are talking about something that is very risky if we do something about it but that doesn't mean that we should be doing any of those. Just buy it, hold it as long as you possibly could, decades if you can, and you should be doing amazing. That doesn't require absolutely no effort at all and would get you richer as well. So, I would say the most effortless investment in the world is bitcoin.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

Well, an investment to begin with is something that you should devote some time to. If you want to invest on something that is "stress free" like you mentioned, then I guess it is better to allocate your resources in stocks by purchasing blue chip companies' stocks in the process.

Investing in cryptocurrencies is definitely risk in itself. With its volatility high, its price may change without any given notice. That is also the reason on why majority of the people invest in BTC either for short/long-term depending on its price on the market.

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I don't want to hide my intentions, and in my opinion, the more I invest, the greater the return. I am focusing most of my money on bitcoin because I expect that the growth of bitcoin will bring me wealth. But that doesn't mean I put all my money in bitcoin, that's after I've deducted my living expenses and accumulated some savings. For the rest, I focus on bitcoin more than other assets.

Each person has a different income, you do not need to invest according to others but invest within your limits. But if you want high returns, you must take the high risk and accept the stress like me.

raidarksword

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As always, invest what you can afford to lose and it should be an extra money so that it will not be gamble your future if anything that happens. Bitcoin is very volatile that's why you will be always ready of any up and down scenario of the market. Having the risk first hand it will be all worth it hence bitcoin will be big in the future when time comes and always remember put efforts on time and patience as well because this is not a one night success.

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Quote from: laurenB7742 on April 12, 2023, 12:26:04 AM

Quote from: AmoreJaz on April 11, 2023, 04:40:20 PM

Quote from: Furious 7 on April 11, 2023, 01:45:27 PM

We have to realize that bitcoin is not something that really makes us rich instantly and of course being here the risk is clearly big enough so you can't just be sure if you don't understand how bitcoin works.
But when we are sure about bitcoin I think no matter how much investment you make here you will never experience stress or negative thoughts like you said in your thread, because you are sure of that choice.
Panic, stress and other unfavorable things show that you are not too sure about your choice and when something like that happens I think you should reassess what you are here for.

unfortunately, a lot here are still hoping that one day, btc will be their saviour of acquiring riches in the future. this is why they are agitated to get a hold of btc in their vaults for such goal. if you have your targets and you do believe on this market, you should not be too worried about your portfolio. and always do take note that only use your extra funds so you won't be in tight spot if you happen to need the money.

There's nothing wrong with dreaming of becoming rich by investing in bitcoin, you and I and everyone here are investing in bitcoin because of that dream too. But the mistake of many people is not to learn more about bitcoin, they just want to get rich quickly with it, forgetting the risks that have to be traded off if want to be rich.

There is no success without trade-offs and so is bitcoin investing. It can make you rich, but if you do not have a plan, and invest at the wrong time, you will also pay a very high price.

I share the same thoughts. Moreover, in my opinion, I see having long term investment in bitcoin and other cryptocurrency as an additional to your personal financial portfolio that can help you reach your financial goals. So, I see it as one of the asset that in the future would help for me to be rich someday. As for how much effort should one put, I think if you are the type of person who is for long term investment, you don't have to put that much effort but for me you should always took effort to understand what you are entering since this would let you see the potential of your investment and see how long and far it can go.

DevilSlayer

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It takes only 1 effort to put the work in a particular investment and for me it is all about having a DESIRE to become financially free, people will not start making investments if they do not have the urge what other people called as desire because it is really the starting point of any achievement. I really became interested on investments especially on bitcoin investment when I found out the rewards that I can get if I put money on that specific investment. This is where my desires kicked in, it helps me to have motivation regarding how to become a financially free. Once you finally have the desires, it will eventually help you to achieve your goal and achieve financial freedom but you should still put a effort even a little bit. For example you want to enhance your skills as a trader then you should put an effort that will help you to have a trading skill that will help you to get better performance. This effort could be reading trading books, watching a lot of trading videos, applying for some trading courses or reading past studies about trading.

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Quote from: Odusko on April 12, 2023, 04:52:32 PM

Invest an amount you can let go for a long time, simce you already know that bitcoin investment of most suitable for long term base, so same mechanism apply to it investment since you are going to wait for a long time for Bitcoin investment to start yielding, same way you need to.only put doen the money you can afford to lose ot let go for quite a.long time to see any tangible growth.
Bitcoin investment is not suitable for short-term speculators but a steel hand holder is what makes the difference, we have many things we lose but since Bitcoin came, it has continued to be a blessing to our financial lives.43

Good point of view. In addition to that, short term investment is unfortunately unsafe during this period due to the market is basically volatile and Bitcoin’s price goes up and down but with low rate, same goes to the rest of cryptocurrencies and it is been now more than two weeks since BTC is stuck between $28k and $30K. Plus, it is really hard to predict the next bullish market neither bearish. In fact, everything is expected to happen but we should get prepared for all scenarios and conditions. However, it is always safer to invest in long term to avoid the stress and mistakes or wrong decisions. It is certain that Bitcoin will reach ATH ( All time high) in the near future possibility after the halving in next year.
Hopefully, the mooning is coming soon.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

Easy, only what you can afford to lose. We'll always get back to that short phrase about investing tip in bitcoin. One must invest in bitcoin with the amount that he's not going to be stressful and okay to be seeing it at a dramatic loss. Because of the market isn't stable and it's always have been volatile, if you ever invest on it then you have to make sure that you're not just here for the quick profits and you're willing to wait as if you're waiting for something big and that might take a long time. We holders have learned that the hardest ways but you know what's best with that? It's been rewarding and that every single year of waiting is definitely worth the wait as if you're waiting for the love of your life. Wink

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

If you aren't new to the crypto market, then you already know the golden rule for investing in crypto currencies. Only invest what you can afford to lose. So, put in an amount that won't stress you out too much if things don't go as planned. Money that you don't need and won't affect your life if you lose it all. Remember, Bitcoin can be volatile, and you shouldn't put all your eggs in one basket. I mean, invest most of your coins in bitcoin, a little in altcoin and the rest somewhere else. Diversify your investments and always do your own research before investing. Think for long term profit. You won't get rich over night.

ChiBitCTy

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I've written articles here at length about this, and said like a broken record at this point, but only invest what you can afford to lose. Always invest your money in a foundational way first (Have long term and mid term savings in traditional investments such as pension plans, 401Ks, IRA's, Brokerage Accounts etc). Any good portfolio that has the ability for some "home run" type swings, ie more risky investments..should invest a portion in higher risk things, such as bitcoin. Jut make sure you're doing it proportionately.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

most persons are not patient enough to wait till the value of Bitcoins rise significantly

The best strategy to make huge profits from Bitcoin investment is to be patient and able to hold for a long period of time, but still everybody have it own target in term of Bitcoin investment, once someone reach it profit target I think that is okay to take the profit. sometime we don't need to wait for long term to take profits because there is not guarantee over our Bitcoin investment that we will make more profit in future but we do assume it will happen because the repetition of Bitcoin history.

Quote from: Victony on April 10, 2023, 03:38:09 AM

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

No to be stress in your Bitcoin investment, someone need to invest what it can afford to lose. Let know that no amount is small when we lose but that always depend on the investors.someone can lose $10k and see it as nothing where someone lose $200 and see it as big lost.

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Several online articles[1][2][3] state that most experts advise that we should invest 10% - 25% of our pretax earnings. It is indeed a small amount assuming we have enough income to meet our daily needs and wants. We must do our best to meet this requirement for investment so that we can have a better yield in the coming years if this investment become successful and is not greatly affected if it didn't. So I think it is fair enough to allocate this percentage in investing in Bitcoin especially we are about to witness another bull trend in the coming months.

[1] https://fortune.com/recommends/investing/how-much-of-your-income-should-go-toward-investing/
[2] https://www.cnbc.com/select/how-much-of-your-income-should-go-toward-investing/
[3] https://www.investopedia.com/articles/personal-finance/022216/i-make-50k-year-how-much-should-i-invest.asp

Odusko

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Invest an amount you can let go for a long time, simce you already know that bitcoin investment of most suitable for long term base, so same mechanism apply to it investment since you are going to wait for a long time for Bitcoin investment to start yielding, same way you need to.only put doen the money you can afford to lose ot let go for quite a.long time to see any tangible growth.
Bitcoin investment is not suitable for short-term speculators but a steel hand holder is what makes the difference, we have many things we lose but since Bitcoin came, it has continued to be a blessing to our financial lives.43

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

When it comes to investing in Bitcoin, it's important to understand that there are no guarantees. It's best to avoid making promises to yourself and others about potential returns. Historically, Bitcoin has followed a pattern of "pump and dump," typically after halving. However, there's always a chance that the pattern may not repeat itself in the future. So, it's wise to manage your expectations and maintain a positive mindset. This is the best approach to take when considering a Bitcoin investment.

If you want to invest in Bitcoin, Please use the money that you don't urgently need so that at the end of the day, you don't get disappointed with the market, and also don't ever take a loan to buy Bitcoin, it is one of the not to things to buy bitcoin you should avoid.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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 .

The investment amount is based on one's ability to be prepared to take risks and not how much money one has. Talking about money, many people have more abilities in this field and are even included in the rich category, but not many of these people are involved in investing in bitcoin with several considerations according to him.

So what decides people to get involved in investing in bitcoin is more about knowledge, where there are efforts and hopes that make people believe that bitcoin is the best investment, it takes calm and patience for people to get involved in investing in bitcoin.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

In all the cases it's better to invest without stress, as for amounts invested with stress, it turns every such investment into a gambling. So if you like gambling, you can afford investing a bit more than just excess money you otherwise would collect. The certain no go is to borrow and invest the borrowed money, since cryptocurrency is predominantly long term investment, and paying the debts is not a good option...

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Quote from: AmoreJaz on April 11, 2023, 04:40:20 PM

Quote from: Furious 7 on April 11, 2023, 01:45:27 PM

We have to realize that bitcoin is not something that really makes us rich instantly and of course being here the risk is clearly big enough so you can't just be sure if you don't understand how bitcoin works.
But when we are sure about bitcoin I think no matter how much investment you make here you will never experience stress or negative thoughts like you said in your thread, because you are sure of that choice.
Panic, stress and other unfavorable things show that you are not too sure about your choice and when something like that happens I think you should reassess what you are here for.

unfortunately, a lot here are still hoping that one day, btc will be their saviour of acquiring riches in the future. this is why they are agitated to get a hold of btc in their vaults for such goal. if you have your targets and you do believe on this market, you should not be too worried about your portfolio. and always do take note that only use your extra funds so you won't be in tight spot if you happen to need the money.

This is the point because even though it's not too wrong to hope for something beautiful about bitcoin but that is the end result and things like that need a long enough struggle which is called a process and this is where we are right now which is sometimes even more tiring and creates an unhealthy mental state. too able to control a little hit there.
Even though as said before, as long as you are sure of the conditions of what you are investing in and are sure of bitcoin as something worth defending, I don't think you need to worry about the flow you have because at the moment you can say that when you look at their journey they are still very good.

mindrust

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None. A bitcoin investor should just DCA weekly or monthly and leave the rest to the markets. Every crypto investor that did that since the early 2010's made huge money. You will too. It takes zero effort to accomplish this trading strategy. Buy & hold. Do nothing else.

Some of those people who made daily trades made money and some other people did not, however, everybody hodl their bitcoin made money. It is a no brainer strategy to get rich and the best part is, you don't have to do anything other than hodling.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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 o or die affair

I think it's like asking how much cake to eat - there's no right answer, and it depends on your appetite for risk. I think understanding the market is necessary and only investing what you can afford to lose. So if you are a risk taker with deep pockets, go ahead and invest large sums. But if you are more careful and prefer to play it safe, it is better to invest smaller amounts.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

In accordance with your goals, you can invest in Bitcoin according to your abilities. Don't push too hard if you doubt that the money you invest will be lost, because actually investing in Bitcoin has risks and if you can't take that risk you shouldn't invest, it's that simple. If you can invest 100 USD in a month and have no problems with it, you can invest that amount, or less. The point is to adjust to your abilities, that's all.

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I think this is one of those questions that are asked the most, but every answers differ from person to person. We have a popular saying that says, "Do not invest more than what you can afford to lose" So, if Bitcoin goes to zero tomorrow.... you should still be able to pay all your expenses and survive without any effort.

So, only take a small amount of your money every month and invest it into buying a little bit of bitcoins.... do not use credit to buy bitcoins. Grin

Alpha Marine

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You don't have to invest at all cost. You just have to be patient. Even when you see people panicking just trust Bitcoin, this may be hard but it gets better with practice. I feel one of the reasons why you should sell (if you have been HODLing for a while) is if it's an emergency or something you really need money for.
If you don't need the money then don't seel it out of FUD.

I don't think the effort can be quantified but it requires a lot of effort.
As a matter of fact, I'm even still in the learning process. It's easier said than done but when you keep trying, you'll develop your patience level and you'll be able to invest effortlessly.

dollarday

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Everyone who was able to hold for the past ten years, (2013-2023) are in a much different financial space because of their initial investment.

I think the effort versus the reward has been the greatest I've seen in my lifetime.

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Quote from: AmoreJaz on April 11, 2023, 04:40:20 PM

Quote from: Furious 7 on April 11, 2023, 01:45:27 PM

We have to realize that bitcoin is not something that really makes us rich instantly and of course being here the risk is clearly big enough so you can't just be sure if you don't understand how bitcoin works.
But when we are sure about bitcoin I think no matter how much investment you make here you will never experience stress or negative thoughts like you said in your thread, because you are sure of that choice.
Panic, stress and other unfavorable things show that you are not too sure about your choice and when something like that happens I think you should reassess what you are here for.

unfortunately, a lot here are still hoping that one day, btc will be their saviour of acquiring riches in the future. this is why they are agitated to get a hold of btc in their vaults for such goal. if you have your targets and you do believe on this market, you should not be too worried about your portfolio. and always do take note that only use your extra funds so you won't be in tight spot if you happen to need the money.

There's nothing wrong with dreaming of becoming rich by investing in bitcoin, you and I and everyone here are investing in bitcoin because of that dream too. But the mistake of many people is not to learn more about bitcoin, they just want to get rich quickly with it, forgetting the risks that have to be traded off if want to be rich.

There is no success without trade-offs and so is bitcoin investing. It can make you rich, but if you do not have a plan, and invest at the wrong time, you will also pay a very high price.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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"

I would put in a moderate effort, and, in fact, I do. Investing in Bitcoin is one part of an overall wealth building plan, but in that part there is always room for spending. You have to maintain a balance between thinking about the future and living in the present.

In your specific case, if you want us to help you, it would be better to give more information, such as age, family situation, work situation, etc.

It is not the same if you are 50 years old and have dependents than if you are 25 years old and have just started a very well paid job.

xSkylarx

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Depending on how much money you are willing to invest, you will not go bankrupt if you lose it all. This is really my principle, I don't invest or spend money that I am not comfortable with, like I'll go broke, and I don't invest in bitcoin all at once, like if I have this huge money I buy it with bitcoin, I would get a percentage of my salary and buy bitcoin until I could say it is enough because at first it is just a small value and I wouldn't be stressed at all because I don't spend my entire salary all at once.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

most persons are not patient enough to wait till the value of Bitcoins rise significantly .

You are quite right about this, patience is one of the keys to being successful as an investor in Bitcoin, without patience what you earn is not as big as if you are patient together.
Early investors are currently enjoying the results of their patience, in any price range, selling Bitcoin now which was obtained a decade ago, is still in a profitable position and inversely proportional to those who are impatient because at this time they may be regretting the decision to sell, even though they still get profits, but not as big as if hold longer.

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Quote from: Bananington on April 10, 2023, 11:44:56 AM

Wait for how long? Most persons have a target and price that they expect bitcoins to get to before they sell. When the price gets to that point either quickly or takes a little time, they sell without considering if the prices will go hire. They are okay with that profit. Not everyone is waiting for bitcoins to get to a new all time high before they sell.

But they all should be waiting because they're losing whenever they sell, for people that sold when Bitcoin reached $20k for the first time in the 2017 bull market, they all lost when Bitcoin reach a new all time high in 2021, they should have just hodl instead of selling.

The sellers are the reasons Bitcoin is finding it hard to break some resistance level .Bitcoin gives more profits when we hodl. Young investors need to understand that making riches has to do with been patient when investing and not always been in a rush to sell.

Alot of efforts has to be put into investing in Bitcoin to protect our investment. Many people that ignored all this precaution to take are all regretting since their assets has been stolen or forgotten.

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Quote from: Furious 7 on April 11, 2023, 01:45:27 PM

We have to realize that bitcoin is not something that really makes us rich instantly and of course being here the risk is clearly big enough so you can't just be sure if you don't understand how bitcoin works.
But when we are sure about bitcoin I think no matter how much investment you make here you will never experience stress or negative thoughts like you said in your thread, because you are sure of that choice.
Panic, stress and other unfavorable things show that you are not too sure about your choice and when something like that happens I think you should reassess what you are here for.

unfortunately, a lot here are still hoping that one day, btc will be their saviour of acquiring riches in the future. this is why they are agitated to get a hold of btc in their vaults for such goal. if you have your targets and you do believe on this market, you should not be too worried about your portfolio. and always do take note that only use your extra funds so you won't be in tight spot if you happen to need the money.

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We have to realize that bitcoin is not something that really makes us rich instantly and of course being here the risk is clearly big enough so you can't just be sure if you don't understand how bitcoin works.
But when we are sure about bitcoin I think no matter how much investment you make here you will never experience stress or negative thoughts like you said in your thread, because you are sure of that choice.
Panic, stress and other unfavorable things show that you are not too sure about your choice and when something like that happens I think you should reassess what you are here for.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

It's a very nice question and the answer to your question depends on how much you have and whether investing a certain amount would affect you financially. If you have an extra 1000 dollars or more divide it by 10 and invest it in Bitcoin at various price ranges.

For instance if you have 1000 dollars to invest divide it by 10 which will provide you with the chance to invest in 10 different ranges. The first range should be at 29,000 dollars and the second range should be at 27,000 dollars and continue investing in this pattern. If your order get successfully filled at those ranges then hold onto them for at least 4-5 years.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

A good bitcoin investment should indeed be planned and carried out wisely and calmly. Long-term investments can also provide greater returns than short-term investments, especially if done with the right strategy and accompanied by thorough research and analysis.

It is important to remember that in the long run, markets can change and volatility can occur. Therefore, patience and discipline are needed in carrying out a long-term bitcoin investment strategy.

Bitcoin investing is not something to be done on impulse or on a whim. Instead, bitcoin investments should be considered wisely and based on financial goals and acceptable risk.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

Any long-term investment should be comfortable, only in this case you can be consistent throughout the investment period. If it is, as you said, at any cost, then this implies that we will most likely need to make some sacrifices from time to time, which in the end will make us doubt the correctness of our actions. You also don't need to invest all your savings, because various situations may occur that require us to unplanned expenses and in this case it will be necessary to sell part of the investment, which is also not very good.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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"

I do not understand what do you mean by an effort to invest in bitcoin ?
If you have extra money, you may invest in bitcoin for long term and if you do not have capital then, you should first raise capital and then invest in bitcoin. Buying Bitcoin from kitchen money or taking a loan is not the right way to invest in Bitcoin.

Quote from: Victony on April 10, 2023, 03:38:09 AM

Although I am aware it isn't a do or die affair

Don't consider bitcoin investment as a do or die thing, otherwise, you will fall into FOMO and may invest all in at one point. Doing DCA is a very good method if you want to get into bitcoin at different prices.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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.

In other relative investments they can afford to wait but with Bitcoin I often wondered where their rush came from until I realized that it won't be far from that misconception of Bitcoin being a shortcut to wealth. It's on crypto (and possibly in gambling) that someone expects their $10 stake/investment to turn $1,000 overnight. I ain't saying it doesn't happen but it shouldn't be the regular mindset of any investor. Everyone should've that mindset of profit and loss while going into any investment, cryptos inclusive.

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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"

Yes, it should be according to your capacity and what you can afford to lose.

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You need to be dedicating your whole life, all of your capital. Otherwise you are here temporary. You are not going to make any money. At a slightiest loss and boredom your brain will be clogged.

This is our maze, our labyrinth. If we wouldn't have dedicated years to craft our expertise, we wouldn't exist today. We guard many sacred knowledge to crypto, it is unknown to plebs.

Anyone who made until today faced with existential obliteration risk. I never met with a trader who never wiped out once. I never met with a crypto guy who never nearly lost his mind, thought about committing seppuku.

Signature spammer boys here will babble bullshit but they will never make as much as our legendary gains, will never know what we know.

They will cope and seethe, we will continue to own this game. You are just a tourist, we own this town.

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Quote from: JoyMarsha on April 10, 2023, 05:01:46 PM

What you understand about something will determine how you follow it up. If you understand bitcoin as a promising project and it will get your rich if you have a long-term investment plan on it, so be it. Go ahead and invest in it. Nobody is to be blamed for it if something goes wrong tomorrow. You invested in it of your free will because of the intuition you have about it. You are not forced to do so by the way. If peradventure your bitcoin investment clicks, you'll be the one to take the proceeds of your investment alone

No matter how sees bitcoin, either as gold or as ocean of riches, there are rules that guides every type of investment, this bitcoin investment and other volatile investments have their own rules one of which is "invest only what you are able to lose".
Anyone investing without respect to this rule is doing so at their own peril. It may turn out to be great for them or otherwise. Yet, the real gospel of bitcoin should be preached undiluted, so that it will get to and save posterity.

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Quote from: Farma on April 11, 2023, 03:36:09 AM

actually it depends on how much my income per month. I might insert a few percent as funds to invest. although it's not a lot, it's enough if that's the value I want. However, the conditions of each person will be different. because many people dare to invest in bitcoin with all the assets they have and say that it is an asset that they can let go. however, it would be very good if we only use a few percent of the salary we have to invest especially in crypto or bitcoin.

Using part of the stipends I received monthly and investing wisely in bitcoin have brought me gigantic figures to my trading and bank accounts. I'm putting in everything I got into bitcoin because it have settled my problems in the past, I've been a beneficiary from the project, understand Bitcoin, it's bull and bear season before investing. I tell you for free, Bitcoin have a promising future with enormous profile if one tends to be early investors in the project. Bitcoin triggered promising hope for long-term investors and there's no way it's not going to hit targets.

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If you truly follow bitcoin, believe that it’s gonna be next big thing in the future then yes you should put lot of efforts into bitcoin investment. Bitcoin is one of those assets in my list which I consider as gold (physical), stocks and mutual funds (savings) and bitcoin (digital asset). Obviously everyone has different perspective, how they save it and how much money they invest in various assets is personal choice. I’m investing heavily in bitcoin as compared to let us say gold and stocks because now I’m more into it. I know or I have belief that bitcoin would give me more than what gold and stocks could give in the near future. I could be horribly wrong but I want to take my chances all the time.

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Quote from: Farma on April 11, 2023, 03:36:09 AM

actually it depends on how much my income per month. I might insert a few percent as funds to invest. although it's not a lot, it's enough if that's the value I want. However, the conditions of each person will be different. because many people dare to invest in bitcoin with all the assets they have and say that it is an asset that they can let go. however, it would be very good if we only use a few percent of the salary we have to invest especially in crypto or bitcoin.

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The amount of effort one should put into Bitcoin investments depends on several factors, including their financial goals, risk tolerance, and level of experience with investing. Generally speaking, investing in Bitcoin can be a high-risk, high-reward proposition, and as such, it's important to approach it with caution and careful consideration.

Quote from: _act_ on April 10, 2023, 04:03:03 AM

Quote from: Victony on April 10, 2023, 03:38:09 AM

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.

Quote from: Victony on April 10, 2023, 03:38:09 AM

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.

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actually it depends on how much my income per month. I might insert a few percent as funds to invest. although it's not a lot, it's enough if that's the value I want. However, the conditions of each person will be different. because many people dare to invest in bitcoin with all the assets they have and say that it is an asset that they can let go. however, it would be very good if we only use a few percent of the salary we have to invest especially in crypto or bitcoin.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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
(....)

For me, it will always depend on personal preference and should be guided by careful consideration of your financial situation and investment objectives.
Identifying your investment objectives and personal situation will help you to determine how much you are willing to invest in Bitcoin.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

How much should one invest in Bitcoin should be the amount that he is comfortable parting with, Most advice is to invest what we can afford to lose to avoid building up stress and pressure when the investment does not perform well.

We should also equip ourselves with knowledge and history of Bitcoin price and cycle so that we are able to perform well on the timing of when to buy and sell our holdings. I agree that patience is the major key to Bitcoin investment since investors need time to see the growth of their Bitcoin portfolio and to get a good amount of profit.

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Learn as much possible and the same makes you better with cryptocurrency investment. Every investment have got risks, what we need to analyse is how our cryptocurrency is risky compared to the traditional investment. How this can be overcome by an user to experience the best of it. Don't have some goals to be achieved through bitcoin which might disappoint, because we don't know in what direction the price moves.

When one doesn't have any deadline and were able to have patience then anything could be achieved based on the capital investment. Some expect $1000 out of $50 capital which is quite hard and some get lucky. So, we should understand some basics and so makes the expectation.

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What you understand about something will determine how you follow it up. If you understand bitcoin as a promising project and it will get your rich if you have a long-term investment plan on it, so be it. Go ahead and invest in it. Nobody is to be blamed for it if something goes wrong tomorrow. You invested in it of your free will because of the intuition you have about it. You are not forced to do so by the way. If peradventure your bitcoin investment clicks, you'll be the one to take the proceeds of your investment alone

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

Each person does have their own limits when it comes to patience which not all would really be that patient enough to wait up for longer years when it comes to their investment which means that decisions would really
be varying into each person and this is why you cant really make out conclusions whether they did the right thing or not.There are people who doesnt really like on waiting up for too long and this is why
they would really be deciding on selling out their assets or coins in a short time basis. This is why it is really that something that vary on each person.
Just let them be on what are the decisions you would be making as long you do know on what you are doing.

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It is never a promising investment if you don't know what you are doing. Bitcoin investment in considered a long term investment plan indeed. But you need to know how the market works in order to choose the right time. Although, there isn't any right or wrong time in Bitcoin investment, because in the long run, you will make profit for sure. But the amount of profit depends on your decision. By choosing the bottom, you can get the best value in your investment.
And the thing about how much you should invest! Do as much as you can afford. And also as much as you can afford to lose. Do DCA, keep putting money whenever you get the chance. In the end, you can average it and calculate your profits.

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Quote from: Issa56 on April 10, 2023, 12:18:23 PM

Quote from: Victony on April 10, 2023, 03:38:09 AM

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

Invest any amount you can afford to lose, no significant amount is to big to invest in bitcoin and no amount is too small to invest, depending on the amount you are having, you don't have to invest all your money in bitcoin, it's wrong invest any amount you know it won't affect you even after investing, don't allow bitcoin investment to be a problem to you. Have seen people that want to sell their properties just because they want to invest, it's wrong nobody is forcing you to invest.

I agree with this, my first ever investment towards bitcoin was 20 bucks, as low as it gets, but I still had fun with it because it allowed me to spend it, back in those days transaction costs weren't this big, it was just couple cents, and that way I researched so much and learned so much about it.

I suggest the same to people, maybe 20 bucks to bitcoin isn't looking big now, but you could put it in an exchange, get something else, cheaper tx fee, and that way you could move it around and learn so much about it. This isn't going to hurt you because it's so low, and allows you to open the doors for so many things in the future and you should focus on that. Definitely a way to enlighten yourself about the crypto world.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

In no doubt Bitcoin have proven to be the best option for long term investment, and as such that doesn't mean an individual should jump into putting all his life savings simply because he/she don't want to miss the great opportunity Bitcoin holds for each and every one of us. But for me I will likely say its more advisable for any individual who wishes to invest in Bitcoin to invest an amount he/she can afford at that moment, and then plan towards topping up his BTC wallet portfolio, as Bitcoin has come to stay and not going anywhere (I.e saving his funds in BTC gradually).

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Investing in cryptocurrency can be straightforward: only invest what you can afford to lose. While Bitcoin has gained the trust of enthusiasts, there is still a possibility of loss due to the volatile nature of the market. Therefore, it is essential to be cautious and patient when investing in Bitcoin. Although the price may drop, it is unlikely to reach zero. Nevertheless, being prepared to face potential losses is a vital part of the investment process.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

Although like all other type of investments, risk is also involved in Bitcoin and we should make due diligence and research before putting our hard earned money in any asset , but n my opinion investing in Bitcoin is a life time opportunity and we should save from our earning whatever we can to invest in Bitcoin regularly because it can potentially change our fortune, due to its wide spread popularity as hedge against inflation. .

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

Invest any amount you can afford to lose, no significant amount is to big to invest in bitcoin and no amount is too small to invest, depending on the amount you are having, you don't have to invest all your money in bitcoin, it's wrong invest any amount you know it won't affect you even after investing, don't allow bitcoin investment to be a problem to you. Have seen people that want to sell their properties just because they want to invest, it's wrong nobody is forcing you to invest.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

If you're able to raise money and invest on bitcoin then it's a good idea because it has all come so easy for you, if you're not having enough money to invest as at now, it's not a do a die affairs, you can't force it, just take good advantage of learning about bitcoin and get yourself some better stand in your journey with bitcoin whenever you're ready to invest, don't invest if you have no idea, or if you're not ready to take risk.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

The first thing you have to understand is that no investment is risk free. The bitcoin price fluctuates all the time, you have to understand the risks, know how to protect your wallet and know when to buy and sell.

Most people probably understand the risks of this investment, but not everyone can afford to lose their investment. That is, some still keep all their assets on an exchange where they have staked their assets with the safety and reputation of that exchange for certain period of time. Regarding your question, the percentage depends only on yourself. You can still use 20%, 30% or 50% of the total budget you have to invest in bitcoin, although it is not recommended to invest 100% of the budget without any reserves.

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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 .

Wait for how long? Most persons have a target and price that they expect bitcoins to get to before they sell. When the price gets to that point either quickly or takes a little time, they sell without considering if the prices will go hire. They are okay with that profit. Not everyone is waiting for bitcoins to get to a new all time high before they sell.

Quote from: Victony on April 10, 2023, 03:38:09 AM

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"

Investment should never be at all cost, that can be too costly. Invest with strategy so it becomes stress free or lesser stress, just as it should be. If you invest at all cost, if you do not die, you may be forced to quit investing even before you can make the smallest profit.

yazher

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This is easy because you only need to consider not rushing whenever the price is rising rather you only need to invest the money you can afford to lose which is often your spare money after you bought the necessary things you need like essentials and food. after that, you can spend it to buy bitcoins even if the price is high because with this method your aim is to hold it for the long term and when you want to hold it for the short term, this method is not for you.

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It's up to the personal financial state and commitment; greatly depends on how well off the investor is.

We all have to agree with the fact that Bitcoin is a risky investment. With the high return, it comes with its risk. Hence I'd pick the first option for everyone ("how much you can easily invest without stress"). If you put all-in to Bitcoin, you'll have my respect mate. But most of us needs stable currency for our day to day usage.

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It is my firm belief that investing in Bitcoin will yield positive returns in the future, however investing in Bitcoin should not be handled as a do-or-die situation, as it is not a healthy investment, and if you invest in Bitcoin, you will still have the risk of losing money, and there is no guarantee that you will still exist in five years from now.

In order to make a healthy Bitcoin investment, you should only invest what you can afford to lose after taking full responsibility for yourself and your loved ones. Bitcoin is just one way you can use your money to make more money, but there are many more things you can do with your money.

Just don't go extra miles or do something bad because you want to invest in Bitcoin, it's a risk worth taking but it's stupid to put all your effort into Bitcoin only.

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As long as you are capable with to have an investment with cryptocurrency, no one limits you to make an investment as long as you can manage the risk with those market volatility, again dont put your money in just a single pot, better to have a higher profit into different coins, always grab the opportunity every price drops after this halving for sure theres a chance that they whale will come up again and make a post that they bought already better grab than getting late again this coming halving.

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Since you already understand how Bitcoin works as an asset that you must hold for a long time to make money from, you should set a goal for how much you want to invest in it. You can start with a small amount and then build up until you reach your goal. You should also take into account the risk involved in investing in Bitcoin.

Additionally, be cautious not to entrust your Bitcoin to any exchange. Always practice the habit of storing your Bitcoin in your wallet, with the popular saying, not your keys not your coin. Your Bitcoin is safer when it is in your possession when the keys are in your possession. and invest wisely.

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Quote from: ethereumhunter on April 10, 2023, 06:35:29 AM

Only use the money you can afford to invest in bitcoin is the advice we always give to beginners who want to start investing in bitcoin. With bitcoin price fluctuations, they have to be patiently waiting for the price to increase so they have to be able to control their emotions when they see price movements. And now, people seem to realize that investing in bitcoin is a promising long-term investment, so they are trying to allocate funds to buy and keep it. And they also know about the risks involved in investing in bitcoins and only those who understand about mitigating or overcoming the risks can benefit in the future.

BTC investments and other cryptoindustry investments are really long term, so what a person really achieves depends on what he or she expects, there is expectation feedback algorithm conducted by mind. All the economy regarding money works in this way: the investments are never what expected: they are either underestimated or overestimated. So the main thing for investing into any project is to psychically stabilise the expectations: if someone is young and wants a couple of yachts and sportcars in a decade, but really gets an extra money for cookies at the time he leaves the job for a pension, then its a ruined investment. And noone can predict the real outcome, that's why any financial system in the world is unstable: it deceives the people's expectations.

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For a starter, you should get this at the back of your mind that bitcoin is not a get rich quick money scheme, memecoin or ponzi. You need to have a good knowledge of the market, to know the appropriate time to buy and you also need to have patience to hodl your bitcoin for sometime for it to appreciate to a good price before selling.

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For beginners it's better to invest what you can afford to lose, even it's only 5% of your total salary, but that's completely fine because if Bitcoin price goes opposite against your speculation, it will not ruin your life.

But if you've understand more about Bitcoin and can taking higher risk, it's not a problem if you increase your limit to 20% or even 50% of your total salary.

The highest tier is a Bitcoin maximalist where at least 90%+ of all money they have, they convert into Bitcoin.

Darker45

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I know some people are dropping exaggerated Bitcoin investment advice. I don't agree with them. You don't have to go extreme in your Bitcoin investments. You don't need to follow advice like Saylor's "mortgage your house and buy Bitcoin" however correct his math seems to be.

Although it's good to be a risk-taker, if you are losing sleep because of the amount of your Bitcoin investment, then by all means trim it down. If you have the money and really want to travel or buy a drink or need to buy a new phone or buy a loved one a gift, go ahead and do it.

Don't make too much sacrifices just for your Bitcoin investment. Life is here and now. It's absolutely wrong to swap precious moments, health, fun, family, and so on for Bitcoin.

For what shall it profit a man if he shall gain a whole bunch of Bitcoin and lose his own life?

avikz

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

It all depends on your risk taking capacity. It's definitely not a do or die situation but it is always better to invest something that you are not afraid of losing. This should be the key for any investments into volatile effects like Bitcoin.

So start with little amount of investment as your pocket permits and increase it as your income grows. There is no hard and fast rule around investment. But I will suggest not to invest big amount of money upfront.

ethereumhunter

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Only use the money you can afford to invest in bitcoin is the advice we always give to beginners who want to start investing in bitcoin. With bitcoin price fluctuations, they have to be patiently waiting for the price to increase so they have to be able to control their emotions when they see price movements. And now, people seem to realize that investing in bitcoin is a promising long-term investment, so they are trying to allocate funds to buy and keep it. And they also know about the risks involved in investing in bitcoins and only those who understand about mitigating or overcoming the risks can benefit in the future.

Beparanf

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

Ok for newbie it’s understandable to ask this question but you should remember that people has different risk appetite which mean the amount that we can afford to invest without any stress varies on the total asset that we have.

Eg;
Person A has 10,000$ in the bank then investing 100$ or less will not gonna stress him in an event that he will lose to an investment compared to Person B which we assume that have a 500$ money in the bank.

This is a case to case basis and there’s no exact amount or percentage that will be suitable for everyone.

odolvlobo

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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"

Certainly the first and certainly not the second. Investing in Bitcoin is risky, so don't invest more than you can afford to lose. Diversification is a key component of investing, so allocate only a portion of your savings to any particular investment.

GeorgeJohn

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From my observation in cryptocurrency investment, the most of people who runs out patients during cryptocurrency investment especially bitcoin, are the people who doesn't know the main factors that's behind investment, or I will say that they don't know the rudiments of investment in cryptocurrency before they venture into it. In some extent many just venture into investment without knowing the guidelines, I think that's what makes some of the investors run out patients and panic whenever bitcoin is having bearish exercise, the wing investors make a profit during bitcoin investment is during a long term investment and it happens that bitcoin experiences bullish market. So therefore for we to be hope of profits let us have the mindset of running a long term investment.

Upgrade00

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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 .

That's alright. Not many people know about different investment, not many people have have the financial freedom to invest, not many people have the patience to invest to give it time to rise.

Quote from: Victony on April 10, 2023, 03:38:09 AM

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"

Never invest at all cost. Investments are meant to be done within your financial limits. When you make some profits or increase your income, you can increase your investment.

jeraldskie11

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Even though Bitcoin is a very secure investment if you study how it works, you must always invest what you can afford to lose. It is applicable to all kind of investment. There are lot of investment out there where you think that project is the best of bests but in end they failed. Too good to be true kind of investment is also risky and the one that is difficult to believe are the one who became successful.

That's why no matter how realistic and profitable the project is, planning and thinking properly before deciding to invest is a must.

crwth

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It depends on what you can handle. To put on a perspective, you have to believe it would rise. If you cannot wait to see the realization of your belief in Bitcoin, then it's better to stay away from it and save yourself from the stress you can incur when investing. It's better to take care of your health rather than make it harder for yourself to gain that financial stuff. That would be an exchange for life and money.

arwin100

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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

On first year upon knowing bitcoin you need to do big efforts to gather the informations need to know more about technical things and also the issues where it cost people to lost their money. After you know those things for sure you might insert low efforts because you can .ake money work for you especially when investing on good projects or by trading it although in trading its somehow need full attention for best result but you will not get big pressure if you are well equiped with knowledge.

mk4

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You tell me — what's your bitcoin investment thesis in the first place? Because every single one of us has varying level of bullishness, risk-control, and different overall personal financial situation. It's like asking how much money and effort should I invest in my personal business — it's going to depend on a lot of factors.

MainIbem

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Quote from: Yatsan on April 10, 2023, 04:25:57 AM

Quote from: MainIbem on April 10, 2023, 03:46:26 AM

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.

dansus021

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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

Yatsan

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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.

Quote from: MainIbem on April 10, 2023, 03:46:26 AM

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.

acroman08

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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.

Minor Miner

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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.

Cryptomiles1

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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.

Zaguru12

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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.

_act_

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Lightning network is good with small amount of BTC

Quote from: Victony on April 10, 2023, 03:38:09 AM

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.

Quote from: Victony on April 10, 2023, 03:38:09 AM

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.

Hyphen(-)

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Quote from: Victony on April 10, 2023, 03:38:09 AM

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.

MainIbem

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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.

Victony

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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

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