Is risky to invest this period - page 11.

virasisog

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Quote from: Greggry on March 17, 2023, 03:10:33 PM

From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping. We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

Hold on, but if you must buy now be wise to use spare income.

I don't think Bitcoin has no direction during this period. You might have the wrong interpretation of Bitcoin investment. I guess you should look back and see how Bitcoin moves and how to make profit on it by holding wisely. It's still a good time to buy and hold and when holding, you don't have to check on its price from time to time. Just hold until Bitcoin reaches a good price again. You only need to be confident that Bitcoin would be profitable but if you doubt it, you'll only be ending up panicking.

Rockstarguy

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Quote from: Greggry on March 17, 2023, 03:10:33 PM

From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping. We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

Hold on, but if you must buy now be wise to use spare income.

Their is no loss in bitcoin for those who really understands the market, who have dedicated their mind to have patience to hodl till when the market rises with good market price. According to what you speculated if you think the price of bitcoin is not coming up anytime soon, then it is opportunity for people to still buy and hodl till when the price increases whereby profits will be made, buying at low price is always good against the bull market.

stomachgrowls

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Quote from: Greggry on March 17, 2023, 03:10:33 PM

From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping. We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

Hold on, but if you must buy now be wise to use spare income.

Any period would really be that risky, if we do talk and mention out in between bearish and bullish period then the best time to take risks is on the time that the price are all dumping or in bearish mode.Why?

We are able to buy coins for cheap and accumulate while the prices are red.The main challenge that you would really be able to face up somehow is that it wont really be that so easy considering that this would really get

involve your emotion on the time you would be making out decision.When the market is dumping then it cant really be avoided for you to have that fear and doubt and since we are just humans then
these kind of emotions are really that normal to come out.This is why it would really be that normal that you would really be that strong willed and determined if you are really into investment.

tjtonmoy

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Quote from: Greggry on March 17, 2023, 03:10:33 PM

From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping.

Huh? Is that how you see the market? You are only willing to put money when the price start to rise? Buying in the green, as they call it. This is the reason why many people become victim of price drop as you mentioned in your post. Remember, whatever goes up, it eventually comes down. So there's a limit after which the price will fall again or get stable at some lower point, which is called market correction.
And there isn't any perfect time to enter the market if you are investing in Bitcoin and it is for a long term holding plan. You may get fewer profits if you join late, but if you compare that to your total profit you are getting from your investment, that margin is way too low.
I think it would be better if you do your research more deeply and verify what you are saying before you say it.

Dewiana

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Quote from: un_rank on March 17, 2023, 04:36:05 PM

Bitcoin is volatile and cannot be predicted. The price is up about 30% over the past 7 days which can be an indication of further price increase, but it is impossible to be certain. Just buy if you want to, and now is a good price to do so.

Quote from: Greggry on March 17, 2023, 03:10:33 PM

Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

This means your friend bought at or close to the last all time high, in which case they expectedly would need a bit of patience before they can break even and expect some profits. Only invest spare money and buy when it is cheap, the short term changes would not be important at that time.

- Jay -

Lately, investment in the crypto world must be careful because many rich people in the world have invested in this world
if the rich have invested a lot then the price sometimes goes up a little and if it goes down much more than at this time, it means that it is not balanced, it has even fallen by more than 100 percent. In the past two years, the market has been very sluggish, so you have to be wise and be careful that there will be potential fraud or fraudulent investment or embezzlement, ordinary people lack knowledge immediately fell into fraudulent transactions as a result of being promised big profits

RealMalatesta

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Quote from: alexkut987 on March 29, 2023, 10:42:02 AM

If the current bitcoin price is causing you concern, it may be wise to hold off on investing until the market shows stronger signals of stability. It's also a good idea to diversify your investments to reduce risk and minimize losses.

Additionally, it's important to be mindful of your financial situation and to only invest spare income that you can afford to lose. It's never a good idea to invest money that you need for essential expenses like bills or emergencies.

I would guess that if you hold off, you are going to make less profit than the people who join quickly. I am not saying that it would be stupid to wait, of course it would be smart to wait if you are unsure where it is going and that's understandable. However, it would also be quite smart that if you end up investing into something, then maybe you should keep doing that instead of backing away.

I personally invested a good chunk of my money into bitcoin so far, most of it is in there, some of it is at ethereum and small bit at bnb, but if I start to doubt myself now, the next stage could become selling them, and I would not want that, I rather keep buying at this moment.

slapper

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Quote from: Dickiy on March 29, 2023, 06:40:50 AM

Quote from: Pejoh Asu on March 28, 2023, 02:47:08 AM

Investment always has a risk and if we ask whether it is currently a risk, of course the answer is yes, investment does not guarantee profit so we must always think realistically, if we hope too much for profit then we can be stressed and depressed because the hope of profit does not come soon.

Thinking that it is always profitable is natural, in my opinion, no one thinks that he wants to lose well in any case. What's wrong is the emphasis on the investment strategy itself, if we think that we want to get rich in an instant, that in my opinion causes stress and the wrong mindset.
The main thing with bitcoin is that most of the whales or big investors always buy the price when it dips for long term holdings which are definitely profit oriented.

Whenever we buy if our goal is for the long term I am sure you will get the return that is in accordance with what is expected, and now in March we have a clear direction regarding the target price level in bitcoin.

Navigating the investment world can be a treacherous endeavor, and it's no shocker that everyone's after a piece of the pie. But fixating solely on the strategy, we risk losing the forest for the trees. Let's not forget, wealth isn't only about digits in our account – it encompasses physical, mental, and emotional wellness.
Think of investing like sports – it demands discipline, patience, and stamina. Instant victories are rare; time, effort, and practice yield results. Bitcoin's no different; a long-term perspective is vital. Selling in a panic during downturns or sudden price drops invites stress and unease. We need a steadfast, tenacious mindset.

The big fish, or "whales," grasp this fully. They snatch up assets during slumps for enduring holdings, betting on eventual profits. Adopting a similar tactic, we, too, can anticipate returns that satisfy. As we march into April, bitcoin's target price level presents a blend of excitement and anxiety. But with discipline and patience, we can surf the crests and emerge victorious.

utybbas2

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Not really, after all way more experienced people than me say it's on this times, bear markets, that the fortunes are made, and generational ones I must remark.

alexkut987

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If the current bitcoin price is causing you concern, it may be wise to hold off on investing until the market shows stronger signals of stability. It's also a good idea to diversify your investments to reduce risk and minimize losses.

Additionally, it's important to be mindful of your financial situation and to only invest spare income that you can afford to lose. It's never a good idea to invest money that you need for essential expenses like bills or emergencies.

zaki12

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Quote from: Kadal Ijo on March 28, 2023, 11:01:00 AM

Many people dream that when investing in crypto right now they will immediately make a profit, this is a mistake because when they get the fact that they are losing money, they panic and think that investing in crypto is a scam, as investors before we enter, the most important thing is to do an analysis including potential losses.

Basically the goal of investing is to make a profit, there's nothing wrong with that. However, as you have mentioned, investing always involves risk, and there is no guarantee that you will always benefit from investing. It is very important to have a realistic understanding of the risks and potential benefits of the investment you choose, as well as having a well-thought-out strategy and plan for dealing with situations that may occur in the future.

Expecting too much gain can make a person overly emotional and prone to making impulsive decisions. I think that apart from making a profit, investing helps manage financial risk, building an investment portfolio helps achieve long term financial goals. So, investing is not just about making a profit, it is also about managing risk and achieving financial goals. OP's friend should have understood about this.

Aanuoluwatofunmi

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If you really want to invest, don't sit and be targeting a particular favourable period for your investment while considering the economy situations, things were always as they have been before now and the world economy is totally different from the route the crypto economy operates, there have been several attempts by many to better the conditions of these same economy which availed to nothing, that's why we have to independently sought ourselves out from these by adopting crypto in other to have a change in economy and bitcoin to remain decentralized or independent.

WatChe

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Quote from: xSkylarx on March 29, 2023, 02:07:39 AM

They always jump into the hype or when the price starts to rise because that is the only time that they notice it. When the price drops, they even bother about it, meaning they will not buy it and not treat it as an opportunity to buy. So it is really better to learn first and practice your emotions before investing because there are really ups and downs to it, so you should be ready for whatever the market throws at you.

Emotions are mostly followed by people investing in bitcoin. Just a month back when bitcoin was trading around 16k we see people running away from bitcoin while it was actual time to invest and now when bitcoin is trading at 28k everyone jumping in due to FOMO.
Risks are there in every trading market be it crypto, forex or equity. One must keep this in his mind that there is not always profit in bitcoin. There are chances your investment may struck for indefinite period.

inthelongrun

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Do you want to be relieved of the stress brought to you by trading and investing? Just do a regular DCA. Since I started this especially on bitcoin last December, I became carefree. When bitcoin dumps, I feel happy because I can average down. When the bitcoin price rises, I felt nothing because I knew the real bull run is yet to happen next year. Although there is always in my mind that I need to buy as cheaply as possible but it also feels good when I can see in my portfolio that I am gaining a good percentage of my investment.

savetheFORUM

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Quote from: Supreemo on March 27, 2023, 08:33:34 AM

the only thing i can imagine about this friend is the fact that he keeps looking at his investment as if it is an instant cash profit.

i do get the point that anyone would be worried looking at his assets going down, but if it's the only thing you'll only think of then you shouldn't have invested in the first place. we are already thought and i'm sure you already heard of this line "risk the amount you are comfortable losing", same as gambling but without literally playing your money. that's the difference in gambling/trading and investing, but you still shouldn't forget that you are still risking.

Well, you are right that one shouldn't really be too much concerned when the value of their assets falls since we all know that cryptocurrencies are volatile, so if we expect the value to grow, we should also be ready to see it drop too. But, if there were no people with such emotions and instincts, I think there wouldn't be FUDs and panic selling and markets would basically be more stable which isn't fun at all.

The real fun in trading is when the markets stay volatile, going down and going up from time to time which creates opportunities for you to get in and out on time and earn some profit through that. The only thing one should be careful about is timing the market correctly.

Japinat

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Investing in bitcoin and cryptocurrencies, in general, is always risky.

As speculators, we rely on our predictions, and if we believe that another bull run is imminent, investing in bitcoin at the current price could be a wise move. During a bull run, bitcoin tends to reach new all-time highs, which could mean profits for those who buy it at the current price.

Altryist

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Quote from: Greggry on March 17, 2023, 03:10:33 PM

From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping. We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

Hold on, but if you must buy now be wise to use spare income.

If your friend had $2,000 to invest, he shouldn't have invest $1,600 straight away and kept $400. The amount should be divided into equal parts, at least $ 200 each and bought in equal parts, because it is very difficult to guess where the market will move.

Now everything looks very bullish, I don’t know if the price will still fall, I assume that there will be local corrections for sure, but this will not bother you much if you buy in equal parts, say every week. And of course, you should think about further investments, because 2k is not the amount that can make you a wealthy person.

Dickiy

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Quote from: Pejoh Asu on March 28, 2023, 02:47:08 AM

Investment always has a risk and if we ask whether it is currently a risk, of course the answer is yes, investment does not guarantee profit so we must always think realistically, if we hope too much for profit then we can be stressed and depressed because the hope of profit does not come soon.

Thinking that it is always profitable is natural, in my opinion, no one thinks that he wants to lose well in any case. What's wrong is the emphasis on the investment strategy itself, if we think that we want to get rich in an instant, that in my opinion causes stress and the wrong mindset.
The main thing with bitcoin is that most of the whales or big investors always buy the price when it dips for long term holdings which are definitely profit oriented.

Whenever we buy if our goal is for the long term I am sure you will get the return that is in accordance with what is expected, and now in March we have a clear direction regarding the target price level in bitcoin.

Taskford

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Quote from: Bitcoin2009 on March 29, 2023, 04:00:18 AM

I think any investment is certainly risky, 5 years ago I bought a house and last month I sold it at a loss of around 8%, I usually rent the house but because the condition of the house is getting worse I sell it because the cost of maintaining the house is very expensive, many people say property investment is the most profitable thing, but not always valid.

A simple renovation or little paint job could help up sold your property at much higher price or maybe you are in rush that's why you sold it at much cheaper than you bought it. Maybe the price value of your property might change if you consult a legit real estate agency since for sure the know the real time value if property as well they can help you sell it. Also for other new investor maybe they also need to see if the property they want to buy is located at strategic place since you can assure that your money will grow over the time with this.

Davian144

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Quote from: Pejoh Asu on March 28, 2023, 02:47:08 AM

Investment always has a risk and if we ask whether it is currently a risk, of course the answer is yes, investment does not guarantee profit so we must always think realistically, if we hope too much for profit then we can be stressed and depressed because the hope of profit does not come soon.

Investing is certainly to expect profit, although not as soon as possible, but still the dedication is to get profit when you have made an investment. Because until now I have not found investors who invest to get losses even though there are also those who experience losses, but it doesn't come from their own will. However, from market conditions that may not be good at that time.

Quote from: Mozzart on March 28, 2023, 09:36:34 AM

Not everyone understands this.Those newcomers who come to the world of cryptocurrencies think that they will get rich almost instantly,but this is not so.There is a risk here and it is very strong. One piece of news in the media can collapse the market in one day.

When there is one piece of news in the media that can collapse the market in one day, and vice versa when there is one piece of good news that can make an increase in the market in one day. For example, as seen today in Bitcoin where its price increase almost touched $29K in the market, and hopefully this is a good sign for Bitcoin at the end of this month.

Quote from: 19Nov16 on March 28, 2023, 11:37:00 AM

Many people think that by investing in bitcoin they will be rich in a month or even less, they don't understand the market situation so when a storm occurs they give up and leave crypto with a loss.

who are they? And what about the condition of the Bitcoin market today which has increased sharply without being noticed by some people? Because investors who have invested in Bitcoin are brave people who basically have already researched Bitcoin and its risks before putting their money into investment. So stop thinking other people are too stupid for this because nowadays everyone can well learn to be successful without bothering a lot of people.

Bitcoin2009

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I think any investment is certainly risky, 5 years ago I bought a house and last month I sold it at a loss of around 8%, I usually rent the house but because the condition of the house is getting worse I sell it because the cost of maintaining the house is very expensive, many people say property investment is the most profitable thing, but not always valid.

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