Topic: is bitcoin a good chance for the future (Read 1310 times)

If you don't know much about  bitcoin  that means you need to take your time to learn very well before making any investment. you can't invest in something you don't even have any idea of, if you don't know much about bitcoin how can you possibly know the right time to buy/ sell your bitcoin? That's the main reason why most people end up losing money from bitcoin investment. However before making any investment, you need to know the procedures, and also understand the market very well, is obvious that bitcoin is the most profiting and reliable coin in terms of investment depending on how you go about it.

Investing in Bitcoin is one of the most feasible and reliable investment any investor can think of, because it's a global business that is not under the control of a particular country
that may just wakeup one day with unnecessary policies that may affect investors but it requires adequate knowledge and understanding of the system in details and patience as well. Bitcoin is not just any other business that one can invest with the expectation of huge profit without a clear knowledge. Most investors experience losses because they don't want to learn more about the system before investing their money.
I think a better knowledge of the system is the key to potential success in Bitcoin investment.

Majority of new investor think that bitcoin is a fast cash scheme that's why they always fall in wrong category then get scam by certain scammers pretending that they can give better income to them. If they could just even realize that everything they  see online offering such unrealistic big gains for sure they would not try to participate on any programs that is so shady for them. People need to understand on what they could do to maximize the potential chance to earn and minimize the risk so that they will not regret those decision they want to participate. People need to learn and realize what's real or not so they could able to earn legitimate profit from good decision they made on their investments.

If you see history as important and as a foundation, as a criteria to measure potency and growth, then you really should check out the behavior of Bitcoin over the years and it's performance, Bitcoin is like a train, it moves, may have few stops, but the whole story is that it goes forward. Even as the world evolves, the evolution also includes the relevance of Bitcoin, in some places that didn't accept Bitcoin for trade and exchange, now do, and soon there won't be a place where Bitcoin isn't accepted. Not to worry, with Bitcoin, before it's relevance is lost, it won't be in your lifetime. All I said I tried to hit the mark. Somebody else can go on about the figures and stuff .

Lack of understanding is what is making people to lose Money. We need to understand the system before we decide to benefit from the system because things can go either side and we should not be so eagered to invest in cryptocurrency. The price of Bitcoin would always go up and down and that should not make us wants to invest quickly before we study the price movement and make better decisions. We can always earn from the market if we understand little about the market structure so it will guide us on how to take some certain decisions some people would always ignore.

Well I can't guarantee you about the future, I think the reason why most people lose in bitcoin investment is because they don't really understand the market, probably they might decide to give it a trial without  even knowing the strategies. You don't have to invest on something you don't even understand, I think that's the reason why most people end up losing money.

Whether it's Bitcoin or any other investment asset, you are not supposed to make your investment in it just because some people are vouching for it. The first thing you should do is to conduct your research and gather as much knowledge as possible about the asset you are going to make your investment in so that you understand what you are getting into. Understandably, Bitcoin is very popular and everyone would say it is the best investment asset, regardless, any investor should know enough about it before they get into it.

The knowledge that you gather will be useful for you to understand Bitcoin more closely, it will save you from things such as panic selling, becoming a victim of FUD, and selling before your target or goal out of fear that you might lose your money.

So, make sure that you make your investments only after you do your due diligence and your investment decisions shouldn't be influenced by vouches.

to tell you mate, never to invest in something that you don't understand but the problem here
we are talking about bitcoin here that even me does not even know Bitcoin when I start investing in
this coin (but lucky that a cousin and a friend vouches for this so I decided to put my money inside)
sometimes we can trust  something that we does not truly understand but some of our friends or relatives are already into it.

Here is something I do before investing be it online or in real life, first off you need to understand the concept of a product and what can make it grow and in the case of Bitcoin we believe it hasn't reached its full potential as it's been operating in unregulated territory, but know that it's getting regulatory backup and getting available on bigger markets...this alone gives any potential investor a reason to invest in it...

And you OP being someone that has shown interest in BTC, what has you due diligence lead you too...if it's ticking all the boxes as being a viable investment I see no reason to stay away at the moment as so many factors in the pipeline will support its bullish move such as the Halving and institutional investors jumping in...

You will surely understand if you go to this link and all the information about bitcoin halving is provided you can understand from here.
https://bitcointalksearch.org/topic/m.63912540

I admire your genuineness, and your decision to invest in Bitcoin is wise.  And if you want to know whether Bitcoin has potential, you need to question yourself whether you want to invest or not, but I would rather encourage you to invest when you have the funds. Bitcoin's nature is just something natural with a fluctuating price. If you want to invest in Bitcoin, you need to be aware of its ups and downs. If you are still interested, you can start as tiny as you can, and that way you are already building yourself by investing. Everything huge starts small, so believe in yourself and invest, despite the ups and downs.



seeking to know is the first thing that a person should be after when you want to trade or even buy and hold, and the knowledge you have gotten is what you will use to trade because with that knowledge there is nothing you can do. and bitcoin have been known to have a good future potential.  and people who have been into Bitcoin for a long time are still enjoying profiting from the market, and as the price has improved over the years, and that is why the price keeps improving. when you keep up with the game then you should be on that part of making your money.

Hey OP, I think you are a newbie which is why you don't have much idea and knowledge about cryptocurrency which is why you made such an assumption. If you want to invest in Bitcoin then it will be the best venture for you, and it will help you to be financially sound in future. There is no better coin in the crypto world than bitcoin, it is the only coin that all the investors of the world trust and invest a lot of money here. And if you invest in Bitcoin you will never lose, but you will be able to profit more if you leave it for future. You may have heard it under the misconception that no one has ever lost their money investing in Bitcoin, but rather losing money trading. You can lose money only if you trade, otherwise if you invest then you can definitely get huge profit from here. So I say if you take good advice and are experienced then definitely invest in Bitcoin and hold it for long time then you will be successful. Moreover, till date I have not heard from anyone that people have lost their money and suffered losses by investing in Bitcoin, rather people have solved their financial problems by investing in Bitcoin.

Bitcoin definitely has high potential in the future, if you want to exploit this potential, you need to invest in Bitcoin and hold for a long time. The most important thing to profit from Bitcoin is to have enough knowledge about Bitcoin and hold for a long time, if you don't panic. If you can hold for a long time, you will be able to profit. You can start holding here with any amount of money, you can start holding by investing a small amount of money here first, there is no specific investment limit of Bitcoin, you can invest here as much as you want. Any amount of money can be invested at any time.

You learn about bitcoin and gain enough knowledge about bitcoin, the future of bitcoin is bright, if you hold for a long time, bitcoin will influence you in a great way.

I would say yes, a perfect investment for risk-takers who don't think about making money instantly. Although we can't assure that the future of Bitcoin is very impressive and the price keep on rolling high, I was positive that it will stay long and profitable. What makes it profitable is because of its volatile nature giving us a chance to buy low and sell high. If you are a person who easily doesn't get tired of waiting and has a strong mindset when it comes to investing, then this is for you mate. Not to mention how many people make a good income in this but many.However, just to remind you as well that losses can be possible if you are too careless. So think about it first before you decide.

A very nice point here. Since this is a Bitcoin forum, no one will speak again it. Although Bitcoin to me is a very secured project to invest in but no one can predict the future 100%. So, you need to learn to manage your fund effective to stay long in this space.

Bitcoin is not that difficult to understand. It is very simple to comprehend; taking your time and doing much research it will teach you how to avoid losing, and one thing about Bitcoin is that once you have learned his skills and the risks that are involved, you won't have any issues after investing in it. Because the number of people that invest in Bitcoin today are very high, since the time that they begin investing in Bitcoin, they have never had any issues, which will lead them to lose their money.

Yes of course, Bitcoin has a lot of potential in the future, which will definitely lead you to useful success, and even for those that you are seeing that they experienced losses in Bitcoin, are those that have been in the cryptocurrencies aspect for a while they have done so much research on Bitcoin that is why it will hard to see those kinds of people's losing too much of their money in Bitcoin.

Those that feel they know it all, when they don't have the knowledge of BTC are those that always experience losses from BTC investment,  and if you don't want to experience such thing from your investment, seek for the knowledge of BTC first before investing your money and you will enjoy favour through out your investment.

You can see the price of BTC is high in the market, and there are some newbies who don't know the right time to buy BTC,  but they will go ahead to invest their money hoping that they have buy in the right time and it can make them to loss when they are waiting for a higher price to come and they end up selling below the price they bought.

 Not all information you will believe in the community before you can take the right action to the market to carry out research to know what is happening to the market, if there is a bull market or bear run to know what to do.

As the community continues to grow, large institutions continue to believe that the future of Bitcoin looks very good. Many countries have begun to include Bitcoin as an investment instrument and take state income through taxes. So far it's pretty sure, Bitcoin has a pretty good looking future. The crypto industry continues to grow rapidly supporting technological developments based on Blockchain technology. With Deman's theory of supply, there should be no hesitation in owning Bitcoin. Although there is little worry, this industry can also be euthanized if many countries do like China.

   Bitcoin, BTC is the start of a revolution. It is a digital currency that has an absolute limited supply, truly decentralized control, and a huge following that is worldwide and growing. As well as being the MOST secure computer network ever. BTC has never been hacked. To fully understand the revolution, we need a bit of review on basic economics. The most basic truth in economics is the law of supply and demand. the price of a cell phone was expensive at first because there was demand and a limited supply. The longer cell phones were around the more of them became available - increase in supply - and thus the price came down. Fiat money like the Euro, the US dollar the GB pound, are similar.
  The more units of fiat become available the less each individual unit is valued. Technically this is called monetary inflation. Bitcoin cannot be created on a whim like pounds, dollars and euro’s or cell phones. It has a truly limited supply. There will NEVER be any more than 21 million bitcoins. The new supply of bitcoin that is being created gets cut in half every 4 years thus the supply dwindles down over time. All this is set by the original computer program of Bitcoin. It will not be changed because to change any of it you would have to get 51% of all the participants in the mining of BTC to agree to the change. Since this is truly decentralized by literally millions of computers all around the world that mine BTC no change will occur in the original code. As long as demand for BTC remains constant or goes up the dwindling supply will cause the price of BTC to rise over time.

what I want to advise you is that you have to make a necessary inquiring or research of Bitcoin before invest in Bitcoin because so many other persons have come to invest in Bitcoin and go with the negative information based on it fails to understand the procedures of Bitcoin before it venture into bitcoin investment, the most important thing to do in cryptocurrency investment is to understand the concept and then when you have understand the concept of Bitcoin you can be able to make a profit during the time of the investment.