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Topic: How to know a good bitcoin investors! - page 4. (Read 1330 times)

sr. member
Activity: 882
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June 13, 2023, 08:31:01 AM
Knowledge and experience are important factors in becoming a good Bitcoin investor. In addition, controlling emotions is also important, especially when the Bitcoin price undergoes significant fluctuations. Panic selling during market downturns can lead to significant losses. Good investors understand that short-term price movements are part of Bitcoin's inherent volatility, and they focus on their long-term investment goals. Furthermore, using discretionary funds or unnecessary "cold money" for day-to-day expenses or urgent needs is a wise approach. Investing in an amount one can accept to lose will reduce the financial stress associated with a potential market downturn. It allows investors to take a long-term view and avoid making impulsive decisions based on short-term market fluctuations.

Yes, proper knowledge and experience are the most important factors that may determine a good investor because, without proper knowledge, someone will easily get lost because it may be hard to be guided properly. It is through proper knowledge and good experience that will make someone not panic much about what he or she has invested in. Only a person with proper knowledge and experience can easily predict the future of an investment and know the right time to do the right thing about it investment .There may be other characteristics, but knowledge and experience are the best ways to know a good investor.

I think another important aspect to consider when evaluating a good Bitcoin investor is their personal financial situation and investment goals because circumstances and financial goals vary from person to person, and what makes a person a good investor for one person may not work for another. other. Factors such as risk tolerance, investment timeframe and financial goals differ from person to person. A good investor understands their own financial situation and invests in Bitcoin or other assets in a way that aligns with their specific needs and goals.
full member
Activity: 406
Merit: 100
June 13, 2023, 07:51:52 AM
There is no certain way to know who is a good bitcoin investor, unless the investor is very vocal about his investments in bitcoin. But i doubt that they will divulge that because they will just put their lives in danger if the people would know that their into bitcoin investing. Investing success is often a combination of knowledge, experience and luck. A good investor will have a solid understanding of bitcoin and crypto currency market. They should be able to explain the technology behind bitcoin as well as the potential risks and rewards of investing in it. A good investor will have experience investing in bitcoin or other crypto currencies. They should be able to demonstrate a track record of successful investments and be able to explain their investment strategy. A good investor will have a clear plan for managing risk.
hero member
Activity: 980
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June 10, 2023, 05:36:36 AM

Yes, proper knowledge and experience are the most important factors that may determine a good investor because, without proper knowledge, someone will easily get lost because it may be hard to be guided properly. It is through proper knowledge and good experience that will make someone not panic much about what he or she has invested in. Only a person with proper knowledge and experience can easily predict the future of an investment and know the right time to do the right thing about it investment .There may be other characteristics, but knowledge and experience are the best ways to know a good investor.
Predicting the future of investments, even with great experience, is not always as easy as it might seem. An experienced trader knows that he should stick to his strategy, only in this case he will be able to achieve a positive result. In any situation, it is worth keeping a clear mind so as not to succumb to emotions, but this also depends on experience. Ultimately, a good investor will be one who can make a profit on their investment.
hero member
Activity: 840
Merit: 570
June 10, 2023, 05:18:52 AM
Knowledge and experience are important factors in becoming a good Bitcoin investor. In addition, controlling emotions is also important, especially when the Bitcoin price undergoes significant fluctuations. Panic selling during market downturns can lead to significant losses. Good investors understand that short-term price movements are part of Bitcoin's inherent volatility, and they focus on their long-term investment goals. Furthermore, using discretionary funds or unnecessary "cold money" for day-to-day expenses or urgent needs is a wise approach. Investing in an amount one can accept to lose will reduce the financial stress associated with a potential market downturn. It allows investors to take a long-term view and avoid making impulsive decisions based on short-term market fluctuations.

Yes, proper knowledge and experience are the most important factors that may determine a good investor because, without proper knowledge, someone will easily get lost because it may be hard to be guided properly. It is through proper knowledge and good experience that will make someone not panic much about what he or she has invested in. Only a person with proper knowledge and experience can easily predict the future of an investment and know the right time to do the right thing about it investment .There may be other characteristics, but knowledge and experience are the best ways to know a good investor.
full member
Activity: 783
Merit: 108
June 09, 2023, 12:51:36 PM
Knowledge and experience are important factors in becoming a good Bitcoin investor. In addition, controlling emotions is also important, especially when the Bitcoin price undergoes significant fluctuations. Panic selling during market downturns can lead to significant losses. Good investors understand that short-term price movements are part of Bitcoin's inherent volatility, and they focus on their long-term investment goals. Furthermore, using discretionary funds or unnecessary "cold money" for day-to-day expenses or urgent needs is a wise approach. Investing in an amount one can accept to lose will reduce the financial stress associated with a potential market downturn. It allows investors to take a long-term view and avoid making impulsive decisions based on short-term market fluctuations.
jr. member
Activity: 408
Merit: 3
June 09, 2023, 12:46:25 PM
When you get close to Bitcoin investors, when discussing about Bitcoin they are always said positive things in Bitcoin because is a patient business and more profitable while holding for a long term, in other words Bitcoin has session in a such that we see it as a Bull Run while selling and buy back at Bear market and that is the time is now.
legendary
Activity: 2898
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So anyway, I applied as a merit source :)
June 09, 2023, 10:04:46 AM
and usually experience will certainly make us more mature in dealing with any situation.
True, and having experience of speculative markets helps users deal with crypto market easily as compared to a person exposed to crypto first. A good investor watches the market patiently often over years before starting to place their own orders. They may do dummy trading on paper and evaluate the market and decide whether that market is good for them or not.

Often newbies jump in crypto trading while their mindset is not like a trader. It ends up being a disaster for them. Often the loss leads them to go for the more risky modes of trading including Margin and futures. These are more likened to gambling than trading.
full member
Activity: 363
Merit: 149
June 03, 2023, 08:34:54 AM
#99
i  didn't get to see HAVING PATIENCE in the list because this alone is another side of the business, no patience no chance of good reward, am likely to stimulate around the whole scenario of an investor. i see it as a hard task for me to handle.

Well the list of OPs are actually a good characteristics of a good investors. I think what you said it's already a part in the listed since for example, if you are a good planner then you would follow what you have plan right? Then that's the patience will entry, because without patience then probably you would get bored and do something risky that could result that you just wasted what you have planned. In any aspect of being a good investor patience is always a key to success because if you want to be rick quick then patience would literally be gone affecting the listed of characteristics posted by OP.

So maybe you say that patience has become a unity of what the OP conveys in the point or becomes an implied message from the points he conveyed, seen from the characteristics conveyed in my personal opinion, it is likely that patience has become a part of us Understand and must be applied in the basis of an investor, it is impossible if a person who is good at managing does not have patience, but it can be as great as he can manage there is one point of time losing patience that makes him destroyed in investing.
Patience has indeed become an important element in any case let alone invest in Bitcoin.
patience is the main key to success in investing, especially in bitcoin where we don't know when the bullish season will occur which we really hope for, therefore patience is needed to carry out the plans that have been made before. actually this is something that is easy to say and we often hear it, but many of us always violate this rule of patience, even doing it repeatedly. therefore the need for experience to train patience in us

indeed practicing patience is a difficult thing, even though one of the keys to successful investing is patience, but usually after experiencing a loss sometimes our just realize that if  OUR don't have strong patience our will have the potential to experience losses.
indeed in this case I personally also still have to learn to be patient.

and usually experience will certainly make us more mature in dealing with any situation.
full member
Activity: 1526
Merit: 111
Pepemo.vip
June 01, 2023, 09:29:47 AM
#98
i  didn't get to see HAVING PATIENCE in the list because this alone is another side of the business, no patience no chance of good reward, am likely to stimulate around the whole scenario of an investor. i see it as a hard task for me to handle.

Well the list of OPs are actually a good characteristics of a good investors. I think what you said it's already a part in the listed since for example, if you are a good planner then you would follow what you have plan right? Then that's the patience will entry, because without patience then probably you would get bored and do something risky that could result that you just wasted what you have planned. In any aspect of being a good investor patience is always a key to success because if you want to be rick quick then patience would literally be gone affecting the listed of characteristics posted by OP.

So maybe you say that patience has become a unity of what the OP conveys in the point or becomes an implied message from the points he conveyed, seen from the characteristics conveyed in my personal opinion, it is likely that patience has become a part of us Understand and must be applied in the basis of an investor, it is impossible if a person who is good at managing does not have patience, but it can be as great as he can manage there is one point of time losing patience that makes him destroyed in investing.
Patience has indeed become an important element in any case let alone invest in Bitcoin.
patience is the main key to success in investing, especially in bitcoin where we don't know when the bullish season will occur which we really hope for, therefore patience is needed to carry out the plans that have been made before. actually this is something that is easy to say and we often hear it, but many of us always violate this rule of patience, even doing it repeatedly. therefore the need for experience to train patience in us
hero member
Activity: 2184
Merit: 599
June 01, 2023, 09:21:44 AM
#97
i  didn't get to see HAVING PATIENCE in the list because this alone is another side of the business, no patience no chance of good reward, am likely to stimulate around the whole scenario of an investor. i see it as a hard task for me to handle.

Well the list of OPs are actually a good characteristics of a good investors. I think what you said it's already a part in the listed since for example, if you are a good planner then you would follow what you have plan right? Then that's the patience will entry, because without patience then probably you would get bored and do something risky that could result that you just wasted what you have planned. In any aspect of being a good investor patience is always a key to success because if you want to be rick quick then patience would literally be gone affecting the listed of characteristics posted by OP.

So maybe you say that patience has become a unity of what the OP conveys in the point or becomes an implied message from the points he conveyed, seen from the characteristics conveyed in my personal opinion, it is likely that patience has become a part of us Understand and must be applied in the basis of an investor, it is impossible if a person who is good at managing does not have patience, but it can be as great as he can manage there is one point of time losing patience that makes him destroyed in investing.
Patience has indeed become an important element in any case let alone invest in Bitcoin.
hero member
Activity: 1554
Merit: 762
June 01, 2023, 08:49:53 AM
#96
Being a better investor means being aware of yourself. I always try to stick to my plan when investing. Good investors are aware of how to set up a plan and how to stick to it. Most of the time they have a plan that they can implement on their own. But the best investors also know when it can be helpful to have a trusted advisor to seek advice and see their own blind spots. You can't be a good investor when you think you know everything. We have to constantly research. If i were to list all of these;

Connect your investments to a goal.
Periodically reassess your plan and goals.
Diversify your portfolios and accounts.
Work with an assistant, such as an investor coach, to help you stick to your investment strategy.

These are the tips i can give to be a good investor.
full member
Activity: 580
Merit: 108
Bitcoin investors are the best. The reason for which I am saying this is that, they are investing in Bitcoins. That’s like investing in Gold. Yes we can compare Bitcoins to digital golds, both are valuable and limited in numbers. Moreover their price also increasing day by day due to increase in demand to acquire them. Op mention the correct features about being a good investor. I would like to add one more point that, an investor need to have patience and should wait for the market every time the price falls.
Ofcourse there are several bitcoin investors in the market, we enter trades on a daily basis, generating more profits from bitcoin is very accessible and possible. Bitcoin in cryptocurrency is as important as Gold in the Forex market, they're valuable and trading only ends up in either profits and losses. Bitcoin investors possesses good trading qualities, they're patient and ready to take out good entries on the market, no room for reluctancy, triggered trades and withdrawal of our earnings are the proves that shows we're on the right path to trading. 
hero member
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Bitcoin investors are the best. The reason for which I am saying this is that, they are investing in Bitcoins. That’s like investing in Gold. Yes we can compare Bitcoins to digital golds, both are valuable and limited in numbers. Moreover their price also increasing day by day due to increase in demand to acquire them. Op mention the correct features about being a good investor. I would like to add one more point that, an investor need to have patience and should wait for the market every time the price falls.
Unfortunately to become a successful investor in bitcoin is not as easy as people say. You not only have to have an investment budget, make good plans, manage risks and so on. Investment is not that simple, it will definitely differ from one to another especially price volatility and other risks will have an impact on their psychology.

You and me may be able to manage investment risk and minimize it, but of course some other investors may still not be able to be responsible for their investment, I mean they are not responsible investors.
legendary
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People who really understands what investment is all about, took time to plan and scale their income weight, Period of plan and period of investment. Bitcoin investors know when and how to invest weather trading or mining there is an appropriate time for it. And as investor you're not expected to hit and run or even eat up your profit. You've to give it time to grow hip hop and accumulate more. That's why in most cases I trust bitcoin investment to any forex or others channels, in bitcoin one hardly loss it all especially if the value of units coins remain safely.

How do you know a good investors?
* they're futuristic
* they're planners
* they're financial manager
* they're risk managers
* they're projected

That's how to know a good investors of bitcoin who do not see challenges but the possibilities of making their future work.
Bitcoin is a good assets to invest on but it's also has it own risk which you must learn.

In my opinion, a good bitcoin investor is a person who has invested in bitcoin and considers it a promising financial asset. 

It is the belief in the good future of bitcoin that separates a good bitcoin investor from a bad bitcoin investor. 

Faith supports an investor during a long bear market.  Faith does not allow a bitcoin investor to part with their bitcoins when the cryptocurrency market is bad and all the traders are screaming that people need to sell their coins. 

The worse the market situation, the calmer a good bitcoin investor behaves.  Because he knows for sure that everything will be fine with bitcoin.
hero member
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I don't think it's necessary to be overly complicated about being a good investor. You just need to believe in the long-term value of Bitcoin and understand the importance of holding it for a certain period of time to accumulate. These are all factors that can contribute to a successful investment strategy. Although the crypto market is turbulent with a variety of news and market sentiment, both positive and negative, Then you just need to evaluate the information objectively, remove the noise, and focus on your investment goals and long-term views. Those are the qualities that benefit investors.

Agree, we don't need to complicate matters. To me, every investor has different personalities and views on the market, so let's plan and do what we feel is best for us. There's no need to follow each step as the textbook says or be as stereotyped as everyone else. Successful people all have their own paths and are like no other.

In investing too, a good investor is an investor who can make good profits. That's all I judge about anyone. Because even if you have all the factors that OP gave, but if you don't make a profit, it's meaningless.
member
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What you mentioned is a must for investors and most importantly a good investor has enough knowledge and also has experience about bitcoin which makes him a good investor, and also doesn't have high emotions and doesn't panic easily when the price goes down.
and it is also important for investors to use cold money to invest in bitcoin, and money that is not used for daily needs and urgent needs. Good investors understand that investing in bitcoin and crypto-assets carries a high level of risk, and that will make them highly value their purchase and manage it overall to be profitable.


I agree with what you said, indeed in investing in BTC you have to use cold money because using cold money will make someone who invests feel comfortable.
and in my opinion it would be even better if a strong investor held on for years like 5 years or 10 years and so on.
and also if investing in bitcoin and crypto we must have a strong mentality.
legendary
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  • Never watches the chart for long time period and gets worried
  • Have his own prediction and continues to invest following DCA
  • Always have the long term focus. Never looks for immediate profiting
  • Makes use of every opportunity to buy little and never miss opportunities
  • Rather than keeping the funds idle tries to increase the holding through trading
hero member
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>snip
To be patient is a must when investing in Bitcoin. Besides managing risks and having a plan, I think someone can't neglect safety and being patient when adopting Bitcoin. All these factors are connected and since you may have to wait a long time until seeing your investment bearing fruits, better that your coins are safely stored somewhere hackers and scammers (including governments and regulators) can't have access meanwhile.
I agree with your assumptions about investors, but we should also divide investors into two categories.
There is a category of investors who have a plan to take profits in 3-4 months, so they don't need to be patient longer than the time frame especially if they have already made profit. Meanwhile for long term investors, I think patience and other things that can change their investment plans should be avoided. One of them is to withdraw bitcoins to personal wallet and avoid being in a very volatile market.
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Base on the certainty and behavior of bitcoins, I can boldly say, it is impossible to be a loser only if you do not fomo. Since it's a currency that doesn't get spoilt over time, it can bring profit at it's time but if one miss the bull run, such one can wait for the next, so practically I believe there is no loosing in bitcoins.

Op Your analysis is correct and is a good investment ethic . Bravo!
full member
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People who really understands what investment is all about, took time to plan and scale their income weight, Period of plan and period of investment. Bitcoin investors know when and how to invest weather trading or mining there is an appropriate time for it. And as investor you're not expected to hit and run or even eat up your profit. You've to give it time to grow hip hop and accumulate more. That's why in most cases I trust bitcoin investment to any forex or others channels, in bitcoin one hardly loss it all especially if the value of units coins remain safely.

How do you know a good investors?
* they're futuristic
* they're planners
* they're financial manager
* they're risk managers
* they're projected

That's how to know a good investors of bitcoin who do not see challenges but the possibilities of making their future work.
Bitcoin is a good assets to invest on but it's also has it own risk which you must learn.

Knowledge is required before investing. If you have the knowledge, you decide to invest. Investment decisions also bring risks. Those who can take these risks become investors. You don't need much detail to identify the investor. If he has knowledge, experience and patience, he is an investor in my eyes. If we are looking for a perfect result by relating it to the details, this will not lead us to the investor. Where perfection will lead is artificial intelligence.

I analyze and try to understand a good investor with what I said above.
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