Topic: Investment in bitcoin - page 5. (Read 886 times)

All the crypto market is based on bitcoin, whenever bitcoin goes up, the whole market starts going up and when the price of bitcoin goes down, the whole market starts going down.From this you can imagine the importance of Bitcoin in the crypto market. All cryptocurrency have some level of risk, but Bitcoin is the only cryptocurrency that the risk is dawdling. Bitcoin investments is patient, and endurance, just be patient and be a long-term holder. Involved in the risk, have the knowledge of bitcoin investment and understand the bearish and the bull runs.

I find it difficult to understand the whole thing you are trying to relate based on what I have initially said. But perhaps you said you thought about how you could get one Bitcoin after you joined the forum, and if you had had the money to buy Bitcoin when you were trying to earn it for free, perhaps you would have bought one or more Bitcoin. By the way, if you are someone who is living on a steady monthly income and you wish to expand your source of income, that's when investing in Bitcoin comes to mind or even to invest in other things, because that's just a good start but depends on how educated you are about Bitcoin or investing. There are people who also invest in Bitcoin for no reason, and if they manage to take a few quick profits, they are off to squander the money. So what I am saying is that Bitcoin doesn't really make everyone think about how to expand their financial income.

I think you should get me right first, am not asking anyone to invest all their money, why will you invest all your money in bitcoin or other investments its really wrong, but if you are planning to make bitcoin investment, and you are having money which you can afford to lose, or any amount that if you invest it won't really affect you, then you can make investments all at once, I just hope you will understand me well, am not encouraging or advising anyone to invest everything they are having, it's really a bad idea.

Doesn't matter what you think. If you invest all your money into something, that's the trait of a gambler straightaway. No questions asked.
Let's not even talk about Bitcoin.. simply think what happens if you go all-in in anything in your life. Like spending all your money on an investment which has been providing good ROI in the past, does it guarantee you any future? No. That's my point.

I don't really understand what you mean by all-in YOLO strategy? Or do you mean if you invest all your money in bitcoin at once make you a gambler? If that's what you mean, then I think you are wrong. If you are making your money monthly, then you can be removing percent and be investing in bitcoin and if you are the type that's having huge amounts of money and you want to invest at once it's not a bad idea also, just do your analysis and know the best time to invest.

The only people I call a gambler are the once investing in shitcoins, shitcoin investment is very risky I know the chances of losing your money if you invest in shitcoin is really high, but I don't think investing all in bitcoin at once means the person is a gambler.

no one can guarantee that you will be able to get high profits in the future if you invest in bitcoin, and that is what people need to know first before investing in bitcoin. Investing with money you can afford to lose and sometimes investing in the short term can also be profitable compared to the long term, you can look at the history of bitcoin prices and compare year to year. Invest smartly and always look at the situation, that's the main key.

Yes, it is always good not to put all eggs in same basket;meaning not to invested in one particular thing incase if  any thing happens we should not lose everything once but in crypto industry I will  say it is more safety to invest in only Bitcoin than investing in other altcoins because of high risk altcoins it involves. I am also aware that there are some altcoins that have potential but still it is not save like Bitcoin.let look at Luna and FTX token they are altcoins with good potential but see where does project later end up?
When someone need good profits in it crypto investment particularly Bitcoin, it most be patient enough to hold for a long period of time in order to achieve it aims.because it is well known to us that it is long term holders do have the opportunity of making that huge profits because of the bull run that due occur every four years doing halving. It not bad to always sell and take profits for short holding but reentering the market at right time is the main problem after you have sold you Bitcoin and that is why holding for long term choose to be best in term of profit making.

I totally agree with your statement, that this is the right time to buy Bitcoin, sometimes I am very surprised that some young or new investors sometimes don't see the moment to buy Bitcoin, often it's even too late when Bitcoin has touched a high price they buy it, that's it why do many young and new investors often get caught up in investing in Bitcoin, because of their own mistakes, I have never forced myself to buy so many Bitcoins, even the method of buying or splitting several Investments can be very profitable if we choose the right Coins that have the potential to benefit us investing so that's why I'm trying to break up my investment not just buying bitcoins but buying some coins that have a good value and trail going forward, so that I can earn big profits in the future..

Some stops in the bull rise of price are a good time to start again by selling in profit on what you already have made. Those stops are called correction and you don't know how far deep it can go so if you can spot it then nothing is wrong by taking your profit at that point and wait for DCA. It is not every hodler that can wait for bitcoin 4 years circle for halving because that is actually the time for bull run season.

That's never the case with many long term Bitcoin holders, those who held Bitcoin through a bear market successfully are those that already have a business or good source of income, you don't make a lot of money from Bitcoin first, before you will start investing in a business or something else, nah you will get drained along the way.

To be able to hold Bitcoin easily you must have other ways of surviving, else, you won't see through the bear market, it's not easy to be a long term holder, that's why the majority of those holders are rich people, that's why they did it successfully, who will be struggling and hold 100 Bitcoin in their wallet since 2017? There are some whales they are doing this till today.

What does this tell you? They are already rich, they have all the money they need to live a good life.

The biggest reason people still prefer btc over other altcoins is Bitcoin decentralization and its high marketcap. Bitcoin is considered most secure coin and every one who want to start crypto first learn btc and then other Altcoins. There is many potential coins which can be more beneficial than btc for short term and have a possibility of high return than Btc but risk of losing is also high. we previously experience ld Luna, Ftt, Axie, Gala and many other coins which flopped and some coins price now becomes meme coin but Btc still surviving with good price and only 2x down from its ATH.

It’s more easier and less hassle to hold rather than buy and sell frequently not unless you are a full time trader because that’s consider as a job and not an investment. I preferred long time holding because I have job to do on daily basis that requires my attention and at the same time my Bitcoin is just sitting on my wallet growing without being notice by me.

Diversifying on altcoins is not really a diversification because your assets is exposed on same risk or much higher risk since crypto behavior moves in a single direction following Bitcoin movement. I don’t recommend diversifying assets on altcoins but rather on stocks, gold or other investment that is not related in crypto so that you will different risk exposure on your investment. Just invest on Bitcoin as part of your cryptocurrency investment. You can allocate certain percentage of your portfolio on altcoin but that’s not considered as diversifying assets because that’s just same. You are just gambling on a higher volatile asset.

The risk can be easily minimized if you know what you are doing, it is simply fact because people are struggling to find out why they keep losing to their bitcoin investment because they basically no knowledge for them to use to create a wise strategy and decision to avoid making mistakes. Investing is really good and what's not good is putting your money on something that you cannot understand. There are only few investors who are aware to the fact that anything can happen in this volatile market, and for me if you are beginner investors it is better you should invest on your knowledge first before putting your hard earned money on bitcoin. Once you get knowledge, then you can use it as a sword to extract money from the market.

It seems pretty easy but in reality it is hard and that is why only few people are keep extracting money from the market.Make sure also if you will invest in bitcoin, do not buy using futures account because there is a downside of it which is the margin call that can makes your trading portfolio gone. Better to buy bitcoin using spot if you are using trading exchanges.

Yes btc is the best investment. I also 100% agree that when general people panic the clever buy and when the confidence is high that is the best time to sell. To people wh know both bear and bull is money making time. Always swim against the tide and follow the whales.

The ideal is that you cashout profits from BTC made along the years and diversify it for safety. I don't suggest putting it into mining or trading, because these are risky deals and mining, in special, is highly unprofitable for the average investor. Physical businesses should be also taken very carefully, because with global economical crisis everywhere it's not any kind of business which is going to be successful on your local area.

I believe a better idea would be to invest in properties at active neighborhoods. Cities where there are many students and workers is a good place to invest in houses and apartments for rent income.

Currently investing in Bitcoin is the choice of many investors especially the price decline that has occurred until now has not reached the maximum number, so for those of us who currently have assets then it would be nice to invest in Bitcoin in the long term and we can also choose other altcoins that approximately have potential for the future, So now is our opportunity to be able to get maximum results for the future.

The fact that bitcoin is here standing strong even if there's so many fuds hit it and still it survive then climb up to more good price figures we can say that bitcoin is a best choice. Its stand is been proven and even if we see a price fall still chances for it to pump back to what its past original price is possible so patience is really important when deciding to invest on this coin.
Altcoins is also good investment but we should not extend anything like expecting to much on it since alts are not so good in terms of price recovery so we might be in bad position especially if we pick a shitcoin to invest.

Gamblers in the way that you described are usually short-lived and are a very insignificant part of the world/ecosystem as their funds are disposed of quickly. They add volatility to everything, and that's about it. I would disagree that YOLO'ing into Bitcoin but also holding it in the long-term is considered gambling. This is just lazy investing.

That aside and being relevant to Bitcoin, the more significant classed alongside investors are also:
- Workers/Employees who work for Bitcoin companies and projects to support them
- Entrepreneurs/Innovators who create ideas and projects to increase the span on the ecosystem
- Builders/Developers who work on the aforementioned ideas and projects in order to bring them to life
- CEOS/Bosses who lead all of the above in their journey to expand the ecosystem
All of the above have different buying and selling habits, and are the ones who truly dictate the market.

To tie all of this in with the OP - "Most People" fit into a category such as any of the above. People act based on their circumstances, needs and wants. If you can manage your needs alongside investing in Bitcoin, you will come out on top. If you don't, you miss out on the opportunity or end in regret. That's quite static (1 or 0) and does not really change from person to person.

Well, there is. You do need to average your buying prices and the amounts purchased at each period. This process involves math

Yes, investing in bitcoin might not be guaranteed but the risks are actually minimized as bitcoin is already a decade long and has been proven throughout the years compared to the other coins that got more risks as most of them are centralized. Altcoins are also good investments but we need to be careful from choosing which altcoin should we include in our portfolio because there dozens of them which are just too good to be true.

I also echo you on your statement that bear market might be a headache to some but I view it as an opportunity to accumulate more coins as long as we can afford it because when time comes that the bull season is emerging, we will enjoy the fruits of our labor or hold it as much as we can especially bitcoin.

 It is crucial to have a long-term approach to investing in Bitcoin rather than being tempted to make quick profits by buying and selling frequently. Holding Bitcoin for a longer period of time can yield higher returns, but it also requires patience and discipline. It is also important to diversify one's portfolio, not just in Bitcoin, but in other assets as well. it is always important to invest only what one can afford to lose and to have a solid risk management plan in place.
When you want to go with short term gains and can afford the risk try newer low cap coins. But be ready to lose heavily till you master it. Always set aside say 10% of your investment money for low cap.