It Won't Be Long. - page 2. | Bitcointalksearch.org

Josefjix

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Quote from: DevilSlayer on April 29, 2023, 08:07:38 AM

Consistency is the real deal and it is where the successful investors and the losers seperates off, those who people who keep making money on the market have the consistency about reading books that can help them to improve, keep evaluating their mental health, keep researching about latest news on their niches and also the focus that they give to what they do. Losers do not do that, they just simply study overnight and they think that they already knows anything and when they experience huge losses, they will ask theirselves if they did a wrong thing.

Market will eventaully rewards as if we did our part, so what is our part? It is by being consistent on learning new things about market. Once you made an investment on bitcoin or other assets, you are already a forever student in the market and you need to keep learning and growing to ride different opportunities. For me learning to be consistent is not easy work, iti takes time to be consistent and we can have it by developing good and healthy habits. Once we have consistency, it can help us to maximize our gains and see a lot of opportunities.

The foundation of everything in the market is determination and discipline; experiencing gains and losses, the countless times you stood back to your heel and kept pushing is consistency. Rewards are earned rather than given. Depending on the type of trader one aspires to be, the market can be either good or detrimental for them. Scalpers prefer the daily and smaller timeframes of the charts, while long-term traders wait months and weeks before wrapping up a trade. Opportunities emerge in the market on a daily basis; it is our responsibility to draft solid entrance into the market and activate our TP when they achieve our targets. Consistency is important in the market; it is difficult to begin learning at first, but as time passes, it becomes a daily routine. We all need to adapt to the new era of our generation which is the digital age. Following up trending news and price actions in the market with full confidence of gaining from it specifically profits and vital information.

bitzizzix

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Quote from: crunck on April 29, 2023, 12:23:32 AM

Quote from: Vicson1 on April 28, 2023, 03:02:54 PM

Have you bought btc to HODL and wonder when it will rise to a point where your life will be changed financially?
Are you a newbie like me and everytime you log in to the group the best you do is to read and wonder when you'll understand the system and grow?
Have you made investments and it seems stagnant not knowing whether to pull out or hold on a little?
I want to tell you that it won't be long and you'll smile soon. just do the following
1. Be patient and keep learning (whether newbie or guru)
2. Be consistent and be willing to ask questions where confused
3. Always be optimistic and put in your best effort
4. Remove fear, buy when it's best for you and hold as if you don't care
5. Avoid listening and reading wrong informations from Bitcoin haters.

One of the things I have learnt on this platform is to learn, make research more than comment And i have learnt a lot and still learning and opened to learning
Be encouraged btc will make us smile...

Great, as a newbie, you can provide all the essentials needed for successful investing. But I don't think many people will do all of that in the short term. I mean, newbie needs time to learn, and to do these things is not easy. Because in theory, it sounds very simple, but when we fall into that situation, everything will be very different.

And a great beginner does both theory and practice, and does it in small ways first to be able to learn in depth about bitcoin investment, especially knowing the risks that will be faced.
because it's a self-help way that won't blame anyone for the drawbacks of learning from others, and what the OP mentioned is a good thing to do as long as doing everything consistently and hands-on experience will make you better.

isaac_clarke22

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Quote from: DanWalker on April 29, 2023, 03:03:05 AM

You will be stressed when investing in bitcoin because you are not ready or do not fully understand it. But once you understand everything from the benefits as well as the risks you face, you will never feel stressed again. Don't try to distract yourself with those things, it's better to face them and find a solution, then you will feel more confident with your investment.

Like me, when the bear market came, I was so excited and even wanted things to fall even more, bitcoin fell even more because I knew it was a time of opportunity, not a time of fear. Honestly, bitcoin spike makes me unhappy, I want bitcoin to drop to 10k or maybe lower that would make me happy because I can go shopping super cheap.

Adding up to what you just said, how about invest what you're willing to lose instead so that there ain't no stress going to happen. People tend to invest into something that they just know that they can earn from it, but they seemingly forgot on the what ifs.

About the bear market stuff, it's kinda funny that people see that as a threat instead of an advantage. I guess with that we can see the people who just didn't have the patience at all therefore panic selling.
It's the "Great Filter" all over again, lol. Cheesy

Quote from: Andrija Branislav on April 29, 2023, 02:33:32 AM

Yes, Investing in Bitcoins can be very stressful, but it is important to remember that fear is just another emotion, such as excitement or greed. One way to deal with this is to distract yourself with other things and only invest what you can afford to lose. That way, even if the price drops, you won't lose any sleep over it. It won't be long before you start to see the fruit of your investment, so my opinion on that is sit back, relax, and let the market do its thing.

Distracting yourself away from the thought of losing your money is quite difficult if you would ask me. Just keep it that what you invest is what you afford to lose so that you won't have any extra steps or even visit therapy after a month.

DevilSlayer

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Consistency is the real deal and it is where the successful investors and the losers seperates off, those who people who keep making money on the market have the consistency about reading books that can help them to improve, keep evaluating their mental health, keep researching about latest news on their niches and also the focus that they give to what they do. Losers do not do that, they just simply study overnight and they think that they already knows anything and when they experience huge losses, they will ask theirselves if they did a wrong thing.

Market will eventaully rewards as if we did our part, so what is our part? It is by being consistent on learning new things about market. Once you made an investment on bitcoin or other assets, you are already a forever student in the market and you need to keep learning and growing to ride different opportunities. For me learning to be consistent is not easy work, iti takes time to be consistent and we can have it by developing good and healthy habits. Once we have consistency, it can help us to maximize our gains and see a lot of opportunities.

GiftedMAN

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Good points OP hope you will also not forget to be original because a lot of newbies have failed in the forum here because they tried to be faster than themselves and in return they ended up coping the work of others without giving credit to them which we all know as plagiarism. Your points are good and since you mentioned that newbies should keep learning which is important, strive to be a good forum user by taking out your time to visit the beginners and help board so you can read and learn from so many questions and contributions that has been provided there by other forum members and remember to always read and understand the contribution of any user here before you respond to them, good luck.

ElmedoRator

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Quote from: Vicson1 on April 28, 2023, 03:02:54 PM

Have you bought btc to HODL and wonder when it will rise to a point where your life will be changed financially?
Are you a newbie like me and everytime you log in to the group the best you do is to read and wonder when you'll understand the system and grow?
Have you made investments and it seems stagnant not knowing whether to pull out or hold on a little?
I want to tell you that it won't be long and you'll smile soon. just do the following
1. Be patient and keep learning (whether newbie or guru)
2. Be consistent and be willing to ask questions where confused
3. Always be optimistic and put in your best effort
4. Remove fear, buy when it's best for you and hold as if you don't care
5. Avoid listening and reading wrong informations from Bitcoin haters.

One of the things I have learnt on this platform is to learn, make research more than comment And i have learnt a lot and still learning and opened to learning
Be encouraged btc will make us smile...

But what you mentioned is indeed very true for newcomers, but the process of experience makes us gradually forget all the knowledge we have learned and see things gradually in the direction of greed, selfishness, delusion.
What I have learned after many years in this environment is that I am really grateful for all the things that have been and are happening, I hope everyone will always be positive right from the start to make money to change their finances. individuals benefit themselves, their families, and others. Indeed the crypto market is a huge opportunity but also full of risks without the experience, wish everyone good luck when accompanying the market and always making efforts.

DanWalker

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Quote from: Andrija Branislav on April 29, 2023, 02:33:32 AM

Quote from: retreat on April 29, 2023, 12:17:26 AM

This fear is normal because after all someone expects that they are profitable instead of losing when investing in Bitcoin. Usually what I do to get rid of this fear is to distract myself from my investment and invest using money that I can afford to lose, usually I reduce my allowance and set it aside to invest in Bitcoin periodically. So even if the value of the asset decreases, it doesn't matter because it's money that I'm ready to lose.

Yes, Investing in Bitcoins can be very stressful, but it is important to remember that fear is just another emotion, such as excitement or greed. One way to deal with this is to distract yourself with other things and only invest what you can afford to lose. That way, even if the price drops, you won't lose any sleep over it. It won't be long before you start to see the fruit of your investment, so my opinion on that is sit back, relax, and let the market do its thing.

You will be stressed when investing in bitcoin because you are not ready or do not fully understand it. But once you understand everything from the benefits as well as the risks you face, you will never feel stressed again. Don't try to distract yourself with those things, it's better to face them and find a solution, then you will feel more confident with your investment.

Like me, when the bear market came, I was so excited and even wanted things to fall even more, bitcoin fell even more because I knew it was a time of opportunity, not a time of fear. Honestly, bitcoin spike makes me unhappy, I want bitcoin to drop to 10k or maybe lower that would make me happy because I can go shopping super cheap.

Andrija Branislav

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Quote from: retreat on April 29, 2023, 12:17:26 AM

This fear is normal because after all someone expects that they are profitable instead of losing when investing in Bitcoin. Usually what I do to get rid of this fear is to distract myself from my investment and invest using money that I can afford to lose, usually I reduce my allowance and set it aside to invest in Bitcoin periodically. So even if the value of the asset decreases, it doesn't matter because it's money that I'm ready to lose.

Yes, Investing in Bitcoins can be very stressful, but it is important to remember that fear is just another emotion, such as excitement or greed. One way to deal with this is to distract yourself with other things and only invest what you can afford to lose. That way, even if the price drops, you won't lose any sleep over it. It won't be long before you start to see the fruit of your investment, so my opinion on that is sit back, relax, and let the market do its thing.

landheer

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yes, in that case we should
have strong patience and don't forget that investment in btc must be enjoyed.

and in my opinion, don't make investment in btc a main job so make it a side job that way we will enjoy our investment even though there are times when btc prices drop and don't forget to use idle money to invest in btc and also we must be prepared if the money we invest in btc lost or loss.

so the most important thing in investing in btc in my opinion is to be prepared for risks.

crunck

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crunck

Quote from: Vicson1 on April 28, 2023, 03:02:54 PM

Have you bought btc to HODL and wonder when it will rise to a point where your life will be changed financially?
Are you a newbie like me and everytime you log in to the group the best you do is to read and wonder when you'll understand the system and grow?
Have you made investments and it seems stagnant not knowing whether to pull out or hold on a little?
I want to tell you that it won't be long and you'll smile soon. just do the following
1. Be patient and keep learning (whether newbie or guru)
2. Be consistent and be willing to ask questions where confused
3. Always be optimistic and put in your best effort
4. Remove fear, buy when it's best for you and hold as if you don't care
5. Avoid listening and reading wrong informations from Bitcoin haters.

One of the things I have learnt on this platform is to learn, make research more than comment And i have learnt a lot and still learning and opened to learning
Be encouraged btc will make us smile...

Great, as a newbie, you can provide all the essentials needed for successful investing. But I don't think many people will do all of that in the short term. I mean, newbie needs time to learn, and to do these things is not easy. Because in theory, it sounds very simple, but when we fall into that situation, everything will be very different.

retreat

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This fear is normal because after all someone expects that they are profitable instead of losing when investing in Bitcoin. Usually what I do to get rid of this fear is to distract myself from my investment and invest using money that I can afford to lose, usually I reduce my allowance and set it aside to invest in Bitcoin periodically. So even if the value of the asset decreases, it doesn't matter because it's money that I'm ready to lose.

YUriy1991

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Quote from: Vicson1 on April 28, 2023, 03:02:54 PM

Have you bought btc to HODL and wonder when it will rise to a point where your life will be changed financially?
Are you a newbie like me and everytime you log in to the group the best you do is to read and wonder when you'll understand the system and grow?
Have you made investments and it seems stagnant not knowing whether to pull out or hold on a little?
I want to tell you that it won't be long and you'll smile soon. just do the following
1. Be patient and keep learning (whether newbie or guru)
2. Be consistent and be willing to ask questions where confused
3. Always be optimistic and put in your best effort
4. Remove fear, buy when it's best for you and hold as if you don't care
5. Avoid listening and reading wrong informations from Bitcoin haters.

One of the things I have learnt on this platform is to learn, make research more than comment And i have learnt a lot and still learning and opened to learning
Be encouraged btc will make us smile...

True, sometimes investing in Bitcoin many always wonder when its value will change one's financial situation significantly especially as a beginner, often feeling overwhelmed and unsure about the crypto market.

Yes, I agree with the advice the OP gave to stay positive and focus on decision making, rather than getting caught up in hype or negative comments from Bitcoin haters. Since the crypto market is inherently volatile and unpredictable it means that it is very important to remain patient and hold on to the investment for the long term, rather than selling frantically during periods of stagnation or decline Wink

.

Don Pedro Dinero

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Quote from: tread93 on April 28, 2023, 11:29:52 PM

These are all great points and traits of Bitcoiners to possess. All investments pose a risk. Its like fishing. You're never guaranteed to catch the fish, but what you are guaranteed is the experience of getting out on the water, casting you line out and making a real effort to catch that fish. In order to catch fish you have to put yourself in the position to catch that fish!!!

Yes, I think the best way to approach bitcoin investment is with patience, because despite the great profitability it has given since its inception, there have been many people who have lost money because they did the opposite of what they should have done: they bought high in a bull market, near the peak, and sold out of pessimism when the price fell and the bear market began.

The best thing to do is to take the long view. Buy as much as you can, and wait, better if it is two cycles or more. If you want to sell, take advantage when the price has beaten ATH to make partial sales, and when the price goes down and there are people saying that bitcoin is going to go below $1,000 or even 0, you can reload more.

Above all, patience.

tread93

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Quote from: Vicson1 on April 28, 2023, 03:02:54 PM

Have you bought btc to HODL and wonder when it will rise to a point where your life will be changed financially?
Are you a newbie like me and everytime you log in to the group the best you do is to read and wonder when you'll understand the system and grow?
Have you made investments and it seems stagnant not knowing whether to pull out or hold on a little?
I want to tell you that it won't be long and you'll smile soon. just do the following
1. Be patient and keep learning (whether newbie or guru)
2. Be consistent and be willing to ask questions where confused
3. Always be optimistic and put in your best effort
4. Remove fear, buy when it's best for you and hold as if you don't care
5. Avoid listening and reading wrong informations from Bitcoin haters.

One of the things I have learnt on this platform is to learn, make research more than comment And i have learnt a lot and still learning and opened to learning
Be encouraged btc will make us smile...

These are all great points and traits of Bitcoiners to possess. All investments pose a risk. Its like fishing. You're never guaranteed to catch the fish, but what you are guaranteed is the experience of getting out on the water, casting you line out and making a real effort to catch that fish. In order to catch fish you have to put yourself in the position to catch that fish!!!

Supreemo

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Quote from: Lorence.xD on April 28, 2023, 11:09:34 PM

That's actually a good motivation and recommendation you've mentioned OP. I think you forgot some important that are included when you do investment or trading. Your emotional stability is one of the factor that you should be aware since it can affect your decisions that could led to bad ones. Managing your money of course comes first as you do trading/investing you should always have a plan what you put in the market because you might not afford to lose that money that you'll be needing soon. Still that's a good observations take your time to study and do your research in this industry OP.

first of all in making decisions is as what you have said you need to have a emotional stability and also has a control over yourself cause when it comes to investment fear is the number one problem, you'll always think that what if you're investment will go to waste or you might get a loss all of it that's why it is important to have a better understanding, do more research before entering and always have a positive side of life.

Lorence.xD

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That's actually a good motivation and recommendation you've mentioned OP. I think you forgot some important that are included when you do investment or trading. Your emotional stability is one of the factor that you should be aware since it can affect your decisions that could led to bad ones. Managing your money of course comes first as you do trading/investing you should always have a plan what you put in the market because you might not afford to lose that money that you'll be needing soon. Still that's a good observations take your time to study and do your research in this industry OP.

CarnagexD

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Quote from: Vicson1 on April 28, 2023, 03:02:54 PM

Have you bought btc to HODL and wonder when it will rise to a point where your life will be changed financially?
Are you a newbie like me and everytime you log in to the group the best you do is to read and wonder when you'll understand the system and grow?
Have you made investments and it seems stagnant not knowing whether to pull out or hold on a little?
I want to tell you that it won't be long and you'll smile soon. just do the following
1. Be patient and keep learning (whether newbie or guru)
2. Be consistent and be willing to ask questions where confused
3. Always be optimistic and put in your best effort
4. Remove fear, buy when it's best for you and hold as if you don't care
5. Avoid listening and reading wrong informations from Bitcoin haters.

One of the things I have learnt on this platform is to learn, make research more than comment And i have learnt a lot and still learning and opened to learning
Be encouraged btc will make us smile...

I would say these things:
1. Learn to be patient and stop learning strategy when you found your own system. Don't get caught up on system hopping. Instead learn when to take profit, when to take stoploss, and more importatantly when to wait and when to engage the market.
2. Be consistent and be willing to ask questions where confused or better if you DO YOUR OWN RESEARCH. Everything is one search away. Don't rely too much on to other people's comment.
3. Always be optimistic and put in your best effort. Be truth fully honest with yourself and your development. It's okay to be discourage sometimes but it's your responsibility to get back in track.
4. Remove fear, buy when it's best for you and hold as if you don't care. Wrong! Do not be a holder. Be a smart investor. Don't buy unless you have a plan and a system properly laid out.
5. Avoid listening and reading wrong information from Bitcoin haters and bitcoin slaves.

Always remember, all us here aims to make money and not to be right. There is no right or wrong information. Just find the right one that works for you and you're ready to go.

romero121

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Patience to learn is good, when you start learning try to implement what you've learnt. This will give the best understanding than just receiving information from different sources. These days buying bitcoin is not a difficult task. Even the technology lacking person can buy/sell with ease. Just buying a little and continuing to learn lets you go through the variation happening in the market.

Rather than asking questions directly, it is good to get some basic learning and then raise questions. This will help with better conversation and get better clarity.

As most users suggested going for a buy at any point is good. Find the right chance to buy at the bottom to avoid the time of holding.

We'll get to see more and more wrong information and fearful information getting circulated around. We shouldn't be reacting to it, the market is getting widened with time. Influencers and Whales on the market try to make impact on the market and we shouldn't be the prey.

Fiatless

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Quote from: Vicson1 on April 28, 2023, 03:02:54 PM

Have you bought btc to HODL and wonder when it will rise to a point where your life will be changed financially?
Are you a newbie like me and everytime you log in to the group the best you do is to read and wonder when you'll understand the system and grow?
Have you made investments and it seems stagnant not knowing whether to pull out or hold on a little?
I want to tell you that it won't be long and you'll smile soon. just do the following
1. Be patient and keep learning (whether newbie or guru)
2. Be consistent and be willing to ask questions where confused
3. Always be optimistic and put in your best effort
4. Remove fear, buy when it's best for you and hold as if you don't care
5. Avoid listening and reading wrong informations from Bitcoin haters.

All your points are valid. Every Bitcoin holder must be patient, consistent, and brave. You need patience because the price of Bitcoin is volatile so you need to keep holding even in the face of uncertainties and a price drop. You would always hear scary news from different news outlets that might make you sell your coins below your purchasing price. This is why you need to be brave and stand strong no matter the pressure or attacks.

The title of your post is "It won't be long" but nobody knows how long it will be. That is why we need to consistently follow our investment plan. To be free from pressure, it is advisable not to use loans or credit facilities to buy Bitcoin. Most people feel that it can make them rich overnight, so they go as far as using loans to buy the coin. Personal and other savings is the best type of fund to use for Bitcoin investment.

Quote

One of the things I have learnt on this platform is to learn, make research more than comment And i have learnt a lot and still learning and opened to learning
Be encouraged btc will make us smile..

The best approach to learning from this forum as a new member is to open your mind to learn, your eyes to observe, and let your hand be fast to ask relevant questions but slow to contribute until you have learned.

tabas

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A long term investor of Bitcoin is truly having all of those traits. You get to see the past movement of bitcoin and cycles and so, you understand that it's not going to take any longer. Patience is one of the important factors in here as we invest in bitcoin, those cycles that includes the halving which is the most impactful thing that shall increase the price of bitcoin.

Quote from: Vicson1 on April 28, 2023, 03:02:54 PM

5. Avoid listening and reading wrong informations from Bitcoin haters.

This is actually fun when you know yourself that you can't be moved and influenced by them. However, it's better to avoid them at all cost so that no negative thinking shall be inserted into your mind because if it does, that might give you a panicking feeling whenever the price drops a lot.

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