is bitcoin a good chance for the future - page 5.

m2017

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Quote from: Rx009 on January 25, 2023, 01:00:49 AM

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

If you want to invest in bitcoin, then first learn this topic in more detail so that you don’t have a question why people suffer losses by investing in btc.

Bitcoin has good potential (I'm sure almost everyone on the forum will support this opinion) for the future and that is what keeps the value of btc at such a high level. Even the current $20k+ is an impressive result.

Of course, there will always be those who lose. Even among investors in btc. This is primarily due to the actions of the investors themselves. Wrong time to buy-sell, and lo and behold, you are already with losses.

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Quote from: Rx009 on January 25, 2023, 01:00:49 AM

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

How do you know something that has potentials?
First, you will check the progress the product has made since it was created, that will give you a clue of what it will likely be in the future.
Back to Bitcoin, counting from more than 10yrs it was created;
Has bitcoin made more progress more than it was expected? Yes;
Has bitcoin succeeded where her enemies expected her to fail? Yes!
Is there still some investment opportunities in bitcoin as of today? Yes!
Is bitcoin still the king of cryptocurrency? Yes!
From all indication, the future of Bitcoin seems bright.

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Quote from: Sandra_hakeem on January 25, 2023, 05:38:05 PM

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

Nobody was born with the Bitcoin knowledge, we all learnt from somewhere, so I will advise you seek more knowledge from people that have the experience, before fully going into it. Talking about people losing money on their invest, I think you are getting it the wrong way, the cryptocurrency market is not static, it is just like a flow chat, it waves, it goes up and down, you just have to be patient and keep holding on. Bitcoin investment is for the future and it for people that are patient enough that can testify to it. Like they say the patient dog eat the fattest bone.

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Quote from: Rx009 on January 25, 2023, 01:00:49 AM

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

people who lose investing in bitcoin are basically, impatient, don't analyze the market and don't know about bitcoin's 4 year cycle.
if you know all these things, you will certainly be far from a loss.

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I think many people invest in bitcoin because they see and predict the future of bitcoin, I'm also a beginner in bitcoin,
and I also became interested in investing in bitcoin because I saw a very good future for bitcoin.

but the cause of people experiencing losses seems to be because, people always panic when prices drop, or by being forced to sell bitcoins because of the necessities of life.
so that even though the btc price is falling, it is forced due to the necessities of daily life. or forced to sell bitcoin because it is used for treatment.

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Bitcoin has a very good future potential, and I'm confident that investing in bitcoin is a good idea. If you're wondering how many people lose money when investing in bitcoin, I have a question for you: in any business you're in, what are you expecting? , you are anticipating whether you will gain or lose a small amount of money, but many people do not lose too much money in bitcoin because bitcoin is a good investment that you can imagine, so try bitcoin and I wish you success.

You are right mate,almost all the people that invest money in Bitcoin knows the potential of Bitcoin in the nearest future that's why they have decided to put their money in btc.Bitcoin has that huge potential of transforming people's lives in the nearest future,that's why many person have decided to hold and wait patiently,because they are expecting that in the nearest future,the result will be so massive that it will turn their lives in less than no time.Bitcoin is our future,and we are patiently waiting on to it.

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Quote from: Rx009 on January 25, 2023, 01:00:49 AM

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

Learn about Bitcoin first.You can never know about investing without gaining knowledge on Bitcoin. Investing is as easy as it is very difficult and risky for some people. Investing is risky for those who invest in a new position and if there is a small loss from it, they become very worried and tend to sell. And all these people fall in front of loss at some point.

Bitcoin has many future possibilities. We saw a new record high for Bitcoin. But from there, much is now at the dumping stage. The Bitcoin market will soon grow and create a record that will break all previous records and set new records. And this new record may be set in 2024-2025. So those who are interested in investing can definitely invest and hold for long term now is the right time to invest. Anyone interested in investing should not miss this time.

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Quote from: Rx009 on January 25, 2023, 01:00:49 AM

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

If you know already that people lose alot investing in Bitcoin, what do you think anyone would lose without investing?? Don't try to mix up points that you can't explain further, all in a bid to ask an unimaginable question, okay?
Firstly, you need to learn about Bitcoin... That should be a keen priority to you. You can't make it major from something you know a little about cus you won't know the intricacies of the whole system. I'll advice that you go and look up some ethically-structured investment plans for yourself before you go about anything.

Sandra 🧑‍🦰

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Quote from: Rx009 on January 25, 2023, 01:00:49 AM

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

Bitcoin has a very good potential for the future. The loss of others should not deter you from investing in bitcoin. Just like everyone in life, we all have a path to pass to success. Those who lost in bitcoin are generally being driven by greed, saw and ignored the red flags. Some losses cannot be generally attributed to everyone. Even as people loss more people still gain. Bitcoin is the future and you’re not too late to start now. Learn the basics of bitcoin and have a guide to be with you throughout the journey here.

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Quote from: Rx009 on January 25, 2023, 01:00:49 AM

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future?

Definitely, we'll not be spending our years of our lifetimes if it's not worth it or doesn't have a good future. If the very first time that we've known it and it seems to be a failure, we won't be spending our precious time and money on it.

Quote from: Rx009 on January 25, 2023, 01:00:49 AM

what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

It's because they haven't planned their goals and probably weren't prepared for bitcoin's volatility. Most likely, they've sold at panic and that's the reason for their loss.

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Quote from: Rx009 on January 25, 2023, 01:00:49 AM

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

It is very difficult to predict profit or loss when you are dealing with Bitcoin because the price is very difficult to predict. The price of Bitcoin can increase by 10% to 50% per day, but the risk of decreasing its value is also unlimited. Due to this reason at certain times people can experience losses in investing in Bitcoin.

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Quote from: Rx009 on January 25, 2023, 01:00:49 AM

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future?

Go do your own research, then go decide for yourself.

* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Quote from: Rx009 on January 25, 2023, 01:00:49 AM

and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

1. Trading (not investing)
2. Overleveraging when trading
3. Buying shitcoins and not knowing when to get out

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Quote from: Rx009 on January 25, 2023, 01:00:49 AM

but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

Yes the future of bitcoin in finance are great and it has been doing good for the last few years. Of course in terms of adoption to world use it is. Some might dubbed it scam as its price is quite volatile its just show that many have been trading bitcoin eversince some have left and some enter the space. With a limited stock of 21 million forever, I doubt this will not be seen and noticed by majority. Sooner or later they will realize its tech power and the ability to be use decentrally is its most powerful feature.

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Quote from: Rx009 on January 25, 2023, 01:00:49 AM

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

My advice before investing is that you must first understand the risks involved in investing in cryptocurrency. So that it's not like other people experiencing losses like you tell me. You should find out as much information as possible before investing.
Things to remember when investing are:
1. The definition of investment is to save some money in the present with the hope of getting a profit in the future
2. Investment must use leftover money (not operating money)
3. Don't put your eggs in one basket, don't put your eggs in one bag, because if one breaks, all of them will break. Create portfolios in various places.

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Quote from: Rx009 on January 25, 2023, 01:00:49 AM

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

If you want to know the most potential coin in the crypto world, then it's Bitcoin. That means if you are looking for the most potential coin and want to invest in it, You can select BTC. But always try to buy it from a dip.

Btw if you don't have much knowledge about crypto or a coin where you want to invest, I will suggest you learn first about these projects. If you don't have the knowledge you can not control yourself in a bad situation. This can cause a huge loss.

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Quote from: Rx009 on January 25, 2023, 01:00:49 AM

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

To know the future potential of Bitcoin you need to learn about Bitcoin. Because you are new to Bitcoin, you are afraid of losing money. I think it is important to know about Bitcoin when it comes to investing in Bitcoin. This forum can help you a lot to know about bitcoin, because this forum is the biggest medium to know about bitcoin. All the questions that are coming to your mind will be cleared if you spend time in this forum to learn about Bitcoin.

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Quote from: Rx009 on January 25, 2023, 01:00:49 AM

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future?

If you don't know much about bitcoin you have to learn it first, without knowledge I think you will still lose even though bitcoin has strong fundamentals. Because you won't know when the right time is to buy and sell bitcoin. Investing Bitcoin you must at least be mentally prepared and because your finances can (collapse) at any time.

Basically, we want to invest anywhere, as long as we understand the knowledge and are always looking for information about the investments we participate in, including Bitcoin. Everything about the investment world, of course, has good and bad things.

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Quote from: Rx009 on January 25, 2023, 01:00:49 AM

I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

If you want to invest and want to get profit so I will say that you should have patience and you have the ability of holding. If you don't have this so the Bitcoin is not for you.
Because Bitcoin want your trust if you will trust on it and you will hold it so definitely you will get profit from it.
And if you don't have much money so I will suggest that you should make a strategy.
Let me tell you what I do ?
I have planned that I will invest $100/week in Bitcoin. You can do it according to your mind or according to you earning.

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hmph..

Quote from: Rx009 on January 25, 2023, 01:00:49 AM

-snip-
and I want to know why people experience losses investing in bitcoin?

I'm more interested in commenting on this. Why can I experience loss investing in bitcoin?
In fact, if we look back, we can see the ups and downs of BTC price. Well, this is from my perspective:
1. They experience a loss, when they decide to buy when the price goes up, and sell it when it goes down because panic sell.
2. they are trapped by fomo and do not understand/have no knowledge of technical analysis.
3. Not decided to hold when going down. Meanwhile, the average Hodl never loses. For example, if he bought when BTC price was $18K a few months ago, and kept it even though BTC price dropped to $15K, today he already in profit.
4. Become a victim of a scam

These are some of the most common causes of loss. of course there are many things that make bitcoin investors loss. Which I did not mention here.

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- Jay -

Quote from: Rx009 on January 25, 2023, 01:00:49 AM

I don't know much about bitcoin, and I also want to invest in bitcoin,

You need to know about bitcoin before you can invest in bitcoin.
Listening to what others say about how their investment went could mislead you and give a wrong impression of bitcoin and how it works.

Quote from: Rx009 on January 25, 2023, 01:00:49 AM

but I want to ask whether bitcoin has good potential for the future?

It is one of the most promising investments and has lot of potential for the future particularly in the financial sector.

Quote from: Rx009 on January 25, 2023, 01:00:49 AM

and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?

You only lose in bitcoin when you sell and people lose cause they sell too early or panic sell when the price drops.
People can also experience losses from not taking security precautions and do not store on third party wallets.

- Jay -

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