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Topic: Positive thoughts and attitude towards Bitcoin. - page 2. (Read 888 times)

hero member
Activity: 798
Merit: 702
Investing in cryptocurrency certainly has its risks.Everyone knows that investing requires taking risks.If no risk is taken to do something then it cannot be experienced as successful.You invested in Bitcoin when Bitcoin was worth $17,000.The few dollars you bought Bitcoin for when it was $17,000 may have doubled today.You bought Bitcoin and held onto it even as its price rise today for which you earned success.Next year bitcoin halving will start then bitcoin price will be seen increasing at bullran speed but if you can hold on to your invested bitcoins then you can expect better things.

Crypto investment is risky, but so far bitcoin has reduced its risk over time as there is little risk involved in investing in bitcoin compared to altcoins out there. All that's needed is for one to pick up the courage and put that risk aside and invest what they can afford, not be in a hurry to use.
 
The only place I see bitcoin appear to be a little risky is in the place where you are a shot-time investor and might want to use the money you invested in bitcoin in a short period of time. It might not be available at that moment; it's not as if it will be locked up,  but the price it will be when you bought it and the price as of when you want to sell it won't be the same. That's why it's always advised to invest what they won't be in a hurry to use so as not to fall victim to selling off their bitcoin when the price is not right.
sr. member
Activity: 1092
Merit: 342
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Everything that involves thinking and doing in bitcoin is something that has to be impressive, people have to be quite adoptive regarding this issue because bitcoin does lend money, it is better than putting it in a bank and for me it is one of the greatest inventions in the world made by a human, it seems so incredible to me that it is impressive that a human or humans have come up with something like this, it is as if it had no precedents, but we have it, the fact that a type has been created of economics where banks or governments do not have access is already something that is genius, so all my respect for Satoshi, he will always be the best.
sr. member
Activity: 1204
Merit: 270
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Many people think that investing in bitcoin can never be successful if you don't take too much risk. Bitcoin has a good future even though there are risks one must think positively because the negative will make everything worse those who keep faith and move forward are successful. Bitcoin has gained popularity since its inception but there is no need to despair as the demand and supply will increase which will increase the value of bitcoin several times. Professional investors never think bad thoughts they know how to overcome risk and rise above. Bitcoin is a very valuable asset and holding until the price increases is the right decision.
sr. member
Activity: 434
Merit: 350
From the time I studied in class eight, I used to take money from my father, uncle, elder brothers on the occasion of religious festivals. After few years I kept saving money and with the saved money I started a quail and pigeon farm. After two years of service I got a fairly good benefit from them. One day I got to know about Bitcoin by meeting an elder brother while visiting a place. After learning about Bitcoin, my curiosity increased and gradually I tried to learn more about Bitcoin and became attracted to Bitcoin. A few months ago when the bitcoin market was 17 thousand USD I invested 80% of the dividend in the bitcoin market and I still hold it. When I do any work, I trust the right thinking and decision of my own morale towards that work. I think Bitcoin will be more valuable in the next few years and maybe it will reverse but I have confidence I hold it. When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.
Investing in cryptocurrency certainly has its risks.Everyone knows that investing requires taking risks.If no risk is taken to do something then it cannot be experienced as successful.You invested in Bitcoin when Bitcoin was worth $17,000.The few dollars you bought Bitcoin for when it was $17,000 may have doubled today.You bought Bitcoin and held onto it even as its price rise today for which you earned success.Next year bitcoin halving will start then bitcoin price will be seen increasing at bullran speed but if you can hold on to your invested bitcoins then you can expect better things.
jr. member
Activity: 366
Merit: 1
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There are always risks in investing. So when we want to invest, we have to think carefully. Don't just rely on your lust. And indeed positive thoughts are really needed, so that when we lose on an investment, we can learn from our mistakes instead of berating ourselves and thinking about negative things going forward.
legendary
Activity: 3234
Merit: 1214
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Op is confident over the growth of bitcoin. Already he would be enjoying the profit out of his investment, he had bought when the price was around $17k and now the difference is almost doubled. In all forms of investment there'll be risk and the same could be overcome by our learning and the decisions taken at the right time. We should be ready with alternate plans if the market isn't moving according to our predictions. Next thing is the focus on worst case of the market. Our mind need to have everything calculated for the worst case of the market and the same will never let us down.
legendary
Activity: 2338
Merit: 1084
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Investing in cryptocurrencies is risky, I don't think it is risky when one decides to invest in Bitcoin. Because those who use Bitcoin as an investment tool they normally invest in Bitcoin from a perspective of long-term plan. Investing in alt coins carries a lot of risk and the possibility of being accused of any kind of irregularities where Bitcoin free form those issues. If you can trust Bitcoin to fulfill your goals then you can definitely become a true Bitcoin investor. In my opinion an investor should make a reliable investment that can minimize his risk level and there is no better option than Bitcoin.
Bitcoin is the safest investment in the crypto ecosystem. In fact, it will provide extraordinary benefits if you can hold it for the long term. Just look at how bitcoin has increased since bitcoin was first created. Profitable investment and even this will not be related to the government so there will be no taxes whatsoever if you hold the investment in your personal wallet. Of course there are pros and cons about investing in Bitcoin, but let's look at the positive news. Bitcoin is the most expensive digital asset for now and is a new decentralized payment platform.
sr. member
Activity: 1582
Merit: 279
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I am sure with your thoughts like that then later you will definitely become one of the investors who benefit in the crypto world, because smart people always think like you about Bitcoin, because Bitcoin does have a very good future, Hadi is currently investing as much as possible so that later we can enjoy very large profits, and I am very sure this will definitely happen for the next few years.
full member
Activity: 406
Merit: 109
OP, you had a great decision investing in Bitcoin and in a perfect timing. It's actually amazing to think that the first time you got curious about Bitcoin and planned on investing on it, it was on $17k and look at the price now. Comparing the price of when you invested up to this day, you surely did the right choice. Also, I like your mindset. You keep a positive mindset and this attitude is what we need when investing. Of course there are risks but you're investing on something because you believe on it. I believe your story can motivate others, especially to newbies who are still a bit doubtful towards Bitcoin.

Surely, Bitcoin will have more value in the next few years so keeping your Bitcoin and that positivity will lead you to a more success. Goodluck on your journey and investment OP!
hero member
Activity: 784
Merit: 672
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From the time I studied in class eight, I used to take money from my father, uncle, elder brothers on the occasion of religious festivals. After few years I kept saving money and with the saved money I started a quail and pigeon farm. After two years of service I got a fairly good benefit from them. One day I got to know about Bitcoin by meeting an elder brother while visiting a place. After learning about Bitcoin, my curiosity increased and gradually I tried to learn more about Bitcoin and became attracted to Bitcoin. A few months ago when the bitcoin market was 17 thousand USD I invested 80% of the dividend in the bitcoin market and I still hold it. When I do any work, I trust the right thinking and decision of my own morale towards that work. I think Bitcoin will be more valuable in the next few years and maybe it will reverse but I have confidence I hold it. When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.

You have taken a very nice step by delving into the world of Bitcoin and investing your money into it at that price range. It's someone's own choice to invest in a currency or a commodity, or something that's living, but very few people can think about future of an asset in a positive way, and I think you're among those people who think very positive about the future of Bitcoin.

I must tell you that your investment is going to give you good returns if you can hold it for more than 5-10 years because it's expected that the price of a single Bitcoin will be around $1 million or more in a decade, and if that prediction becomes true then you will have a very enjoyable life if you have held your coins for that time.

You should never worry about its price drop because that thing is not going to happen, and I'm more than sure that Bitcoin won't be going to the range of $17k once again. Just hold you accumulated amount in Bitcoin and wait for the time when it's price would be high enough that you can earn quite good returns from your investment.
copper member
Activity: 1316
Merit: 715
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Not only the OP's belief in the story mentioned, but I also personally really believe that one day we will take profits at the price of bitcoin surpassing the $10000 mark, our investment perspective as well as our knowledge of the field. This may be different, but the goal of accompanying the market to get profit should seriously maintain it. Really seeing so many FUDs popping up with bitcoin and crypto doesn't bother me, when I understand that investing is about accepting everything that will happen, and whether or not it's about finding a way to limit the risks to your investment where to invest.

It's great to hear that you strongly believe in Bitcoin's potential to surpass important psychological level of $100,000 and I highly appreciate your positive perspective on Bitcoin. Investing involves risks and fluctuations of market that comes with any kind of investment including crypto currencies. In order to navigate these challenges, it is better to take long term approach. By doing this, it can help to ride out short term market fluctuations and potentially capitalize on long term significant returns.
full member
Activity: 824
Merit: 104
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Not only the OP's belief in the story mentioned, but I also personally really believe that one day we will take profits at the price of bitcoin surpassing the $10000 mark, our investment perspective as well as our knowledge of the field. This may be different, but the goal of accompanying the market to get profit should seriously maintain it. Really seeing so many FUDs popping up with bitcoin and crypto doesn't bother me, when I understand that investing is about accepting everything that will happen, and whether or not it's about finding a way to limit the risks to your investment where to invest.
full member
Activity: 406
Merit: 188
From the time I studied in class eight, I used to take money from my father, uncle, elder brothers on the occasion of religious festivals. After few years I kept saving money and with the saved money I started a quail and pigeon farm. After two years of service I got a fairly good benefit from them. One day I got to know about Bitcoin by meeting an elder brother while visiting a place. After learning about Bitcoin, my curiosity increased and gradually I tried to learn more about Bitcoin and became attracted to Bitcoin. A few months ago when the bitcoin market was 17 thousand USD I invested 80% of the dividend in the bitcoin market and I still hold it. When I do any work, I trust the right thinking and decision of my own morale towards that work. I think Bitcoin will be more valuable in the next few years and maybe it will reverse but I have confidence I hold it. When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.

Even in your first investment, you waited for a while and your investment was appreciated. Thus, you have fulfilled the waiting element, which is valuable in this market. This gives you an advantage. You bought Bitcoin at a very good level and expect its value to increase. I think you did a very good job. Continue this way.

There is always risk. What we can have is limited when we don't take risks. Investing comes with risks, but our confidence in bitcoin will not let us down. however always be careful.
hero member
Activity: 2002
Merit: 534
From the time I studied in class eight, I used to take money from my father, uncle, elder brothers on the occasion of religious festivals. After few years I kept saving money and with the saved money I started a quail and pigeon farm. After two years of service I got a fairly good benefit from them. One day I got to know about Bitcoin by meeting an elder brother while visiting a place. After learning about Bitcoin, my curiosity increased and gradually I tried to learn more about Bitcoin and became attracted to Bitcoin. A few months ago when the bitcoin market was 17 thousand USD I invested 80% of the dividend in the bitcoin market and I still hold it. When I do any work, I trust the right thinking and decision of my own morale towards that work. I think Bitcoin will be more valuable in the next few years and maybe it will reverse but I have confidence I hold it. When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.

For me risk is the reason that makes investing and trading interesting, without it there wouldn't be a chance to make large profits. Risk allows us to earn extra returns compared to the risk free assets. People who don't want to take risks leave their savings in the bank and earn a small interest on it, or leave it as cash at home for no interest at all. Due to inflation we need to invest, otherwise the value of our money will drop over time. Crypto currencies offer a lot of opportunities to invest in, especially bitcoin has proven over the years to protect it's initial value while giving good upside potential. As long as we only invest money that we don't need at the moment we don't face any long term risks in my opinion. The problem comes when we expect certain returns and rely on them, this could lead to us being forced to sell at unfavorable times.
hero member
Activity: 1344
Merit: 565
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Nobody wants to talk about how hard it can be to hold Bitcoin, I was there when I had nothing and Bitcoin was my only hope, the only thing that's worth money at the time was Bitcoin, to spend it was like I no more had a future, I turned into something I was not, I started looking for means of making money without touching a penny from my Bitcoin and in the end I still lost everything.

If I had a job back then, my journey would have been a lot easier, I wouldn't starve myself so much, I would have easily buy more Bitcoin instead of starting another race with Airdrops and Faucets, it was not easy but I am still standing today.

Positive attitude and thoughts towards Bitcoin will work if you have other source of incomes and things that can occupy your time, things will work smoothly and there won't be anything to be worried about.
You bravely invested in Bitcoin at low pricing. Maintaining a confident investment throughout market fluctuations is difficult. Remember that everyone's financial journey is different. Years of experience make your life lessons invaluable. Dont discount your airdrop and faucet experience just because they're a little part of crypto. Income diversification can mitigate Bitcoin price swings. Bitcoin isnt your only option. Blockchain has many uses beyond Bitcoin. Its an interesting area with great potential.
sr. member
Activity: 1022
Merit: 368
I think Bitcoin will be more valuable in the next few years and maybe it will reverse but I have confidence I hold it. When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.
Whether you think, speculate, predict, anticipate, foresee that Bitcoin will be more valuable in the next few years, you are right. All things happening in the financial world are an indication. Look at the organizations applying for ETFs, looks at countries granting access to Bitcoin miniers, look at companies accepting Bitcoin for payment of goods and services. There is a steady increase. Bitcoin awareness is increasing in the public. I would say that 7 out of every ten people have heard about Bitcoin because it always on the news or trending on Twitter every other day.  Increase adoption means increase price making it more valuable. Keeping holding
hero member
Activity: 1064
Merit: 843
A few months ago when the bitcoin market was 17 thousand USD I invested 80% of the dividend in the bitcoin market and I still hold it.
Although @OP story sounds like he was made a good decision by invest his money when Bitcoin price was $17K since right now Bitcoin is worth $30K, anyone should remember if you bought Bitcoin at $69K, it doesn't mean you're wrong because the next Bitcoin ATH, it will surely break the $69K remark and the price will reach more higher. As long as you invest what you can afford to lose, you just need to be patient to wait the next ATH.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
Nobody wants to talk about how hard it can be to hold Bitcoin, I was there when I had nothing and Bitcoin was my only hope, the only thing that's worth money at the time was Bitcoin, to spend it was like I no more had a future, I turned into something I was not, I started looking for means of making money without touching a penny from my Bitcoin and in the end I still lost everything.

If I had a job back then, my journey would have been a lot easier, I wouldn't starve myself so much, I would have easily buy more Bitcoin instead of starting another race with Airdrops and Faucets, it was not easy but I am still standing today.

Positive attitude and thoughts towards Bitcoin will work if you have other source of incomes and things that can occupy your time, things will work smoothly and there won't be anything to be worried about.

Your real life story and investment experience in Bitcoin are truly remarkable, specially considering the challenges you faced during  the unfavourable economic circumstances . You have set a good example for all Bitcoin investors, and  I must appreciate your patience and positive attitude during these hardships for continue holding your Bitcoin investment with strong faith in its ability to reward you significant returns and transform future of your family.
sr. member
Activity: 728
Merit: 388
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Nobody wants to talk about how hard it can be to hold Bitcoin, I was there when I had nothing and Bitcoin was my only hope, the only thing that's worth money at the time was Bitcoin, to spend it was like I no more had a future, I turned into something I was not, I started looking for means of making money without touching a penny from my Bitcoin and in the end I still lost everything.

If I had a job back then, my journey would have been a lot easier, I wouldn't starve myself so much, I would have easily buy more Bitcoin instead of starting another race with Airdrops and Faucets, it was not easy but I am still standing today.

Positive attitude and thoughts towards Bitcoin will work if you have other source of incomes and things that can occupy your time, things will work smoothly and there won't be anything to be worried about.
hero member
Activity: 1316
Merit: 787
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A few months ago when the bitcoin market was 17 thousand USD I invested 80% of the dividend in the bitcoin market and I still hold it.
I hope you can keep the Bitcoin you already have and try not to let it go before the new ATH is reached.
Keep adding to the Bitcoin holdings you want to invest in according to your financial capabilities.
Investing in Bitcoin is a good decision you have made.

I think Bitcoin will be more valuable in the next few years and maybe it will reverse but I have confidence I hold it. When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.
It will be worth more for a long time.
Risk makes us more driven and the risk involved in Bitcoin is much more "fun" than the risk of investing in altcoins.
The first risk that will make you have to be ready is when the price decreases from the price when you buy.
Welcome to join and enjoy the benefits you will get in investing in Bitcoin.
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