Topic: If you can invest in btc then trust it and just hodl for future betterment - page 2. (Read 377 times)

E de very important to gather information about any investments wey person wan enter, odawise di person go de get doubts and panic, if some normal shakeups happen for di investment. Wen person research and gather information about Bitcoin before im go into di investment, im no go panic wen di price begin to dip, di person go understand say na normal thing, unto say Bitcoin de volatile, and di price de pump and dump on the short term. Everybody wey de hodl Bitcoin, suppose understand say na long term investment, di longer wey you hodl am, di more profitable im go be, unto say na verified store of value.

Na for di early days of Bitcoin creation na im people de panic say weda na Ponzi scheme or some kind of scam, but I believe say dat myopic view don drastically reduce, now people don trust am as a reputable asset wey im value go continue to increase.

I believe anyone who is going into bitcoin investment should at least accept the risk associated with bitcoin investment before he (they) signed up for it because there are lot of things involved while Venturing into bitcoin investment, which includes the total volatility cryptocurrency and one could lose his investment, that is why it's always advisable to hold those trusted coin such as bitcoin or any other well established altcoin.

Well said, OP. Holding is the best approach when it comes to Bitcoin investment but the fact is the patience and discipline while holding is the ultimate. We don't just hold, but also we must have a set system that will keep us moving, keep accumulating, using a suitable strategy and remain resilient in Bitcoin investment. Overtime we will surely enjoy the dividend of it.
We don't need to explain the possibilities of Bitcoin, to anyone am not being too optimistic but Bitcoin have set a road map of which is the eye of every investor and currently with a big Market Cap, so it up to any individual what they choose.

Accumulate, hold and avoid exhaustion in the process.

Before an investor should think of investing on Bitcoin such a person should have other source of income.Most investor aren't patient but there call themselves long term investors,as a holder you have to be patient,like most investors will say patient is not enough to hold for long term in essence they're saying you must have something doing in order to be patient because when you don't have a source of income you would always want to sell your profits which cannot be called a long term investment.

That's it. The point is that having that monitory insights on the market price at most times would always act like justifying the investors emotions according to markets speculations and probably could be overwhelming or sentimental.
I'll always say it to the people that bitcoin isn't like the AltCoins that you'd have to be alerted on the market price on the view that you don't want to miss chances of when the coin would rise.
Noting that AltCoins rise can be taken surprisingly to increase so high and can also fall so sudden like a game of luck with the probability of crashing like the Ponzi schemes which investors are by chance to harvest their funds profitably, I'd say bitcoin would act like a stable coin over that volatile nature of the AltCoins and totally have no comparison with the ponzi schemes.

What should be of priority concern to a newbie investor willing to hold or accumulate BTC, should be if they already have a means of income. An investor who has no money or means of earning should try to at least learn how to earn from trading occasionally, have a real life skill that earns some money and try to start small with a good DCA strategy if possible.
Not also considering some unusual sources of income like gambling wins or lotto wins that offers no steady solution to ones financial situation is necessary to achieving a long term investment plan.

Bitcoin is long-term, we expects the very best from the project, delivered successful bull run that make numerous millions for holders. Hodl for long-term because when your activities have to do with Bitcoin, patience is required and we should always belt upon the solid strategies we have already mapped out. Don't settled for less but outstanding results, this will definitely help us in so many good ways. Trust is one of the important facts one shouldn't plan to messed around because it comes with huge dissapointement on our ends.

For a newbie and a new investor, try to just hold your coins for a long term as this is the safest way to get the best out of the market and avoid huge risk. But this doesn’t mean people do not make it out in profit for short term sales, but as it is said it is too risky and that’s why you see crypto experts warning people from trading futures.

Yes bitcoin reacts this days to fundamental news easily and that’s one of the reasons that caused this uprise currently happening. The CPI news on Wednesday showed a data that it has reduced from 3.5% to 3.4%. This was what caused the rise on crypto

Well I think there are different patterns of Bitcoin investments which I can say it all depends on which pattern an individual decides to adopt in his journey in Bitcoin Investment. Life generally taught us to invest for the dry days when we have little earnings and when things become more tough on our financial lives. But we all have options to what kind of investment we intend to go into. While some people will opt in for a DCA approach towards bitcoin investment, some will opt in for Lump Sum and HODLing their cryptocurrencies for very long time running into decades of years. Like mentioned earlier, it all depends on the target or plans of the investor. If I run a big company today, I will like to explore the opportunity around HODLing thereby diverting our profits into the Bitcoin long term investments, for a maximized profits over a long period of time.

BTC has come to stay for a long period of years, which you can see many people all over the world are struggling to make sure they work hard to get the money to put in BTC investment, because they know that it will accumulate their wealth in future.

The simple strategy has not change yet, when the price is dumping from the market, that is the time to buy and hodl, but when the price is pumping from the market that is the time to sell to make a good profits, which is the simple strategy some people are using to earn profits from BTC investment.

You must know that to hodl to achieve the success from the industry, it required patience, big money, and skills which are some things you need to embrace to be free to achieve your success in the industry.

Bitcoin investment is always easy for investors who already ha e a means of income and are already used to saving some of their income in the bank, such people can invest in a long term because they are used to saving. Financial management is very important for anyone who is investing in bitcoin for a long period of time.

Bitcoin investing is not done for short-term to achieve a good result from your investment. So those are watching the market in order for them to sell when there is a little increase in price, might end up selling and not buying back, which means that they never had a long-term goal, and they will regret it in future when the price of bitcoin will hit 6 digits.

Investors who sees Bitcoin investment in such perspective are those that sees Bitcoin investment as a Ponzi scheme or get rich quick, seeing Bitcoin investment as gambling. Bitcoin has been tested and trusted to be a potential coin which is been compare to gold in terms of it's value, investors who invest for short term are like gamblers only craving for little profit meanwhile Bitcoin investment is best sighted to be a long term investment, and in other to achieve this an investor must have an extra source of income or set aside and emergency fund or reserve fund in case there is an emergency or unforseen circumstances so you won't sell out your Bitcoin holding when such matter arises. Also using the DCA method really helps alot it will help you accumulate more Bitcoin to your portfolio either weekly or monthly as a case may be.

Apparently hodling is the key for a better life in the future and it can only be Bitcoin investment which has proven most times that with hodling a wealthy life can be created in the long run. When we consider how the price of Bitcoin have been moving sluggishly in the past week and to see it experience an increase in the last 24 hours is to tell us that you can never be at a loss with bitcoin especially for those who hodl for long term.

Yes your truly inline with the facts , there two things I could say over investor monitoring their investment and such investor hardly hold BTC for long and even make a good income from;
1 investor who is full of emotion without self control
2 investor with poor planning and knowledge, lacking future focus.
The two elements in an investor life can't make anything good but always at losses because is like entering into something that you have double mind and a double minded person is always unstable, as FOMO will be the order of the day.

When it comes to bitcoin it nothing compared to a ponzi scheme, over so many years bitcoin have proven itself to be dependable and profitable. Most people who find it difficult to trust in their bitcoin investment are;
1. People who knew into bitcoin
2. People who don’t  make research before investing
3. People who don’t have steady income.
 Let me explain it one after the other.

1. People who are new into bitcoin investment: when someone is new into an investment especially bitcoin they tends to keep on checking on their investments every now and then to see if it growing or not and when the market is bearish and their investment is falling they get so tensed and probably sell out of panic.

2. People who don’t make research before investing: A lot of people coming into the market feel don’t really need to make research about bitcoin before investing in it. They feel bitcoin is something you just buy and keep for sometime and it will grow they you sell. Bitcoin is far more from that, because when you make research you know the particular time to Best Buy or invest, and when also to sell. And when you make research you also know that you are never to panic when the market is bearish because there is always a bull run after a bear run.

3. People who don’t have a steady income: like everyone will tell you the key to a good investment is patience but what the key to a good patience, it definitely a steady income or steady cash flow. When you invest and you that have where you get your steady income to keep going in your daily spendings you will definitely get so tempted to sell your investment because there could be an emergency and you won’t have a choice than to sell. So as you are investing make sure you have a steady cash flow so that you wont be forced to sell due to lack of cash or some emergencies.

I feel people who are always tempted to quick sell or even at all times monitoring the market price of their assets to know if it is declining or increasing are not yet knowledgeable on the affairs of Bitcoin. If a person understands everything about making investment, then the person should have known the rules behind every investment which denotes that every investor should:

• Get a good understanding of what they would like to invest into

• Always have a long term view on that investment

Just buy following the both rules, one would actually maximize his/her profit in Bitcoin investment and in order not to alter our investment it is advised that we invest not too much of what we can't live without and try as much to keep aside emergency/reserved funds, this will help tackle the potential risk of altering our portfolio.

Ponzi scheme is far away when we preach about bitcoin, it's never considered easy to watch crucial losses and profits in the system. Bitcoin is one of the top projects that every investor believes in and will do everything within their power to ensure they keep good holdings of the coin during the bear season. Invest in bitcoin when you have the chance and ensure you're having one of the solid touchy entries because this is basically one of the ways to stay foot in the market. I totally understand that it's never easy to focused on the system but there are couple of investment that's just grinded and raise our hope high enough to become confident in the system and ourselves.

There're certain bitcoin investors that has always gazed at the coin market cap watchfully to see increase of price so that they could cashout the profits. So are due to lack of other source of income and some are on the act to say they're trying to achieve their capital rate gradually in case the industry crashes.

I don't know who anyone who need to hear this that bitcoin is has come to stay as long as more investors are coming in because that's how more the blockchain is stretching reliably stronger and not a Ponzi schemes that you'd be deemed to act smartly to make sure you secures your capital while expecting a system crashes unawares.
You that also Invests on bitcoin without previsions for other source of incomes, be let known that your bitcoin investment can only be fertile to profer you highly profits if you have other source of income so that your asset can accumulate more values from those generated profits and soar to yield you bigger incomes.
Hodling is just the key to a better success in the industry of bitcoin investment.