The truth about investment (bitcoins)

Botnake

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Quote from: sheenshane on June 18, 2023, 05:37:17 PM

Bitcoin doesn't work like that, it seems you're describing a Ponzi scheme investment.
Because IMO, success in investing is not a zero-sum game where one person's gains come at the expense of another's losses. The crypto market is highly dynamic and can provide opportunities for multiple individuals to profit simultaneously. Besides, different investors have different entry and exit points and investment horizons which means they can experience different levels of success at various times.

Now it's a funny fact that people now store the value of Bitcoin instead of using this alternatively in fiat transactions.
It should be the use and recognize the broader scope of Bitcoin's adoption and the potential benefits it offers beyond just financial gains.

Bitcoin offers equal opportunities to all. It’s up to you how you will maximize that opportunity without putting others into its risk of losing because that is not actually what’s supposed to happen. You will be successful in any form of investment if you are knowledgeable and you know eventually what you are doing, and that does not mean that for you to be profitable, someone has to undergo losing his profits at the same time. The outcome of your investment depends actually on how you manage your investment, if you are making a good entry and good exit in the market. Otherwise, investing just for greed alone or you invest because your peers tell you so, then expect that you will never make a big difference in your investment.

Ursulachuks

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People invest in BTC because they want to make profit.atimes, reverse is the case.Bitcoin is highly risky and incredibly volatile. If you're ready to take a chance, be sure you know what you're investing in, have a crypto investment plan, and have thought about getting the right kind of financial counsel. Only invest with money you can afford to lose.

Bazzu

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In my opinion, everyone invests in BTC because they want to make a profit, but of course, not all of them make a profit in investing in BTC, and indeed usually people who get profits are smart people, namely smart in terms of buying and sell and also very smart in managing strategies, that's why many people who suggest that before investing in btc should do their own research and look for extensive knowledge, because with extensive knowledge of course there will be the potential to get bigger profits.

so indeed only smart people will benefit from investing in btc.

coolcoinz

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Quote from: odolvlobo on June 18, 2023, 02:43:17 PM

Investing in bitcoins is not yet a zero-sum game. As long as the value of a bitcoin continues to rise, everyone can be a winner (though some more than others).

However, when Bitcoin has reached full adoption and there is no more gain in value, then bitcoins will no longer be profitable for anyone but the traders.

It's going to take another 50 years or more before you start seeing this change and even then, bitcoin will still be profitable for miners.
If LN keeps on developing, running a node will be very profitable.
You'll probably get various custodial services popping up, where companies will offer safeguarding your bitcoin, or holding a part of a multi-sig for you.

Also, I don't believe the price will ever stabilize. It will either keep going up in the long run, or reaches its peak and begins a decline. Even after reaching 21m it's going to keep moving, just not in 4 year cycles like it is but due to increasing market penetration and adoption, like the Internet.

Pablo-wood

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Quote from: Forever101 on June 18, 2023, 01:11:36 PM

To me, I have come to understand that every holder cannot become rich at thesame time because their is no free money anywhere, when one user gets enough base on its smartness and well calculated strategy, another holder become a victim. This is something that happens
In every other business. So the fact is that , success in investment is directly linked to smartness.

Every holder can get rich at the same time. It only depends on how patient the holder can be for price to pump. Victims in Bitcoin investment are majorly Ponzi investors who just want to make quick money, but as long has patience is considered over profit the bull run will surely come and it will reward as many that hodls.

Consider those who held Bitcoin from 2010 till date and those who bought in 2022 when price fell down to around $16k as many who held regardless of the indecision in the market are currently on profit. There will always be a uniform profit for all holders as far the can be patient enough to hold.

petulino

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Quote from: Questat on June 22, 2023, 06:04:03 AM

Because the ticket for us to succeed is to be smart and knowledgeable. If we want to reach our goal, we also have to enhance our level of market understanding otherwise, we are one of those investors who suddenly disappear and claim that Bitcoin scam them.

- effective strategies
- market knowledge
- positive mindset

And having all of these things I was sure that we have a good future from investing in Bitcoin. Building self-confidence and trust will seemingly change the way we think and make decisions.

You are absolutely right that we can achieve success in every field only through intelligence, experience and knowledge. To get profit we have to go with the market trend, because trend is your friend. Those who do not go with the trend are the ones who often lose and disappear from the market

If we are interested in this market , our experience will increase and then we will be able to make a good strategy and make the best decisions based on our knowledge and experience. I think Bitcoin investment is a very good idea for future but if entry is done at right time, and the present time is also a good entry point.

petulino

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Quote from: AakZaki on June 22, 2023, 11:51:40 AM

Smart is not a major guarantee if the psychology of smart people is still unstable and they are more likely to panic too much when the price suddenly crashes. good returns not only belong to smart people, but to people who are consistent in doing everything, consistently learn to trade, consistent in their strategy. those who bought at the right time had a good plan or they just got lucky.
strategies and self-decisions will indeed be the best, as long as you learn how to do technical and fundamental analysis.

In my opinion this is the goal of smart people who understand the market from every angle. People become smarter after gaining experience in this field, They understand the ups and downs of the market and whenever they take a decision they base it on their experience and intelligence. It is certain that emotions do not work in the crypto currency market. The market can come as per our expectation and it can also go against our expectation. I think experienced and smart people are never afraid of a market crash but it is a great time to buy for them. This is nothing new for experienced people .newbies may panic as the market crashes.
The crypto currency market is a highly volatile market where all investors and traders set an entry point as part of their strategy. No one can guarantee how low the market will go or how high the market will go from here. However, everyone should try their best based on their experience and intelligence.

AakZaki

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Quote from: petulino on June 21, 2023, 01:37:57 PM

Yes you are absolutely right that always smart people earn here .All investors want to get a good return on any investment they make in the crypto currency market. Only those who have the right strategy succeed in the crypto currency market. Some people are making profits while some people are making losses in the crypto currency market. People who buying at perfect time and at low price are always successful.

People who don't have a strategy of when to enter and when to exit the market, always end up losing instead of making a profit. Smart people always profit from their own right decisions and the wrong decisions of others.

Smart is not a major guarantee if the psychology of smart people is still unstable and they are more likely to panic too much when the price suddenly crashes. good returns not only belong to smart people, but to people who are consistent in doing everything, consistently learn to trade, consistent in their strategy. those who bought at the right time had a good plan or they just got lucky.
strategies and self-decisions will indeed be the best, as long as you learn how to do technical and fundamental analysis.

Alpha Marine

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Quote from: The Cryptovator on June 19, 2023, 04:35:18 PM

Recently, our main focus has been on capitalizing on the volatility of Bitcoin, rather than recognizing its original purpose. Admittedly, we have viewed Bitcoin primarily as an investment opportunity. Although it remains uncertain who will ultimately benefit from this approach, many individuals have indeed profited significantly from Bitcoin, contributing to its status as the most renowned cryptocurrency worldwide.

I agree that the original role of Bitcoin is for it to be a means of payment. But that doesn't mean it can't also be an investment. Nothing stops Bitcoin from being a currency and investment at the same time.
Fiat currency can be an investment but that doesn't take away its currency features.
Take for instance if I decide to change my local currency into a foreign currency and keep it in an account somewhere with the speculation that that country's currency will appreciate significantly over a period of time. That is an investment I have made and it has in no way made the currency any less a currency.

Questat

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Quote from: petulino on June 21, 2023, 01:37:57 PM

People who don't have a strategy of when to enter and when to exit the market, always end up losing instead of making a profit. Smart people always profit from their own right decisions and the wrong decisions of others.

Because the ticket for us to succeed is to be smart and knowledgeable. If we want to reach our goal, we also have to enhance our level of market understanding otherwise, we are one of those investors who suddenly disappear and claim that Bitcoin scam them.

- effective strategies
- market knowledge
- positive mindset

And having all of these things I was sure that we have a good future from investing in Bitcoin. Building self-confidence and trust will seemingly change the way we think and make decisions.

petulino

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Quote from: Forever101 on June 18, 2023, 01:11:36 PM

Investing in cryptocurrency has become a major reason behind many holders in the Crypto space , this is an undoubted reality. We all know that bitcoins has its various usecases but 80% of holders are profit driven. To me, I have come to understand that every holder cannot become rich at thesame time because their is no free money anywhere, when one user gets enough base on its smartness and well calculated strategy, another holder become a victim. This is something that happens
In every other business. So the fact is that , success in investment is directly linked to smartness.

Yes you are absolutely right that always smart people earn here .All investors want to get a good return on any investment they make in the crypto currency market. Only those who have the right strategy succeed in the crypto currency market. Some people are making profits while some people are making losses in the crypto currency market. People who buying at perfect time and at low price are always successful.

People who don't have a strategy of when to enter and when to exit the market, always end up losing instead of making a profit. Smart people always profit from their own right decisions and the wrong decisions of others.

Inwestour

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Quote from: The Cryptovator on June 19, 2023, 04:35:18 PM

Recently, our main focus has been on capitalizing on the volatility of Bitcoin, rather than recognizing its original purpose. Admittedly, we have viewed Bitcoin primarily as an investment opportunity. Although it remains uncertain who will ultimately benefit from this approach, many individuals have indeed profited significantly from Bitcoin, contributing to its status as the most renowned cryptocurrency worldwide.

This is just a period of development of bitcoin, it goes through certain stages, and if someone was able to take advantage of its high volatility and make good profits, then he was able to recognize this opportunity at that moment.

Now everything can change, as bitcoin becomes more expensive, it will become less and less volatile, I assume that it will also continue to grow in price, but its growth will slow down significantly and it will no longer look so attractive for everyone who loves investments with great opportunities, but on the other hand, it will be able to fulfill its direct function and become a means of payment, then there will be no point in just hold it, everyone will just use them to pay for daily needs.

Bushdark

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Quote from: Forever101 on June 18, 2023, 01:11:36 PM

Investing in cryptocurrency has become a major reason behind many holders in the Crypto space , this is an undoubted reality. We all know that bitcoins has its various usecases but 80% of holders are profit driven. To me, I have come to understand that every holder cannot become rich at thesame time because their is no free money anywhere, when one user gets enough base on its smartness and well calculated strategy, another holder become a victim. This is something that happens
In every other business. So the fact is that , success in investment is directly linked to smartness.

I don't know what you understand by "every holders can not become rich at the same time."
Do you think that cryptocurrency investment looks like the normal trading that we know? For you to make money in trading, there are some certain persons or traders that will need to lose before you could make money. This is the obvious truth about trading that is why we do see that some persons would win why other would lose. I see Bitcoin investment as an opportunity for us to be patient for us to earn some good profits from the market.

CryptopreneurBrainboss

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Quote from: Forever101 on June 18, 2023, 01:11:36 PM

Investing in cryptocurrency has become a major reason behind many holders in the Crypto space , this is an undoubted reality. We all know that bitcoins has its various usecases but 80% of holders are profit driven. To me, I have come to understand that every holder cannot become rich at thesame time because their is no free money anywhere, when one user gets enough base on its smartness and well calculated strategy, another holder become a victim. This is something that happens
In every other business. So the fact is that , success in investment is directly linked to smartness.

Success in investments might not only be linked with smartness but also patience. Those that bought Bitcoin in the earlier stages of Bitcoin and still holding up to this day isn't because they were smart but because of the patience they give to Bitcoin. To become a successful investor, you don't necessary have to be the smartest person in the room but you have to possess the qualities that successful people have which are many characteristic including having patience and been smart as well. Bitcoin is still at its begining phrase so we don't have to expect Bitcoin to have accomplished all the creator had in mind during its creation.

If you ask me I'll say Bitcoin has done quite well for itself and with time more greater things will be achieved. For now the idea behind huge population coming the market might just be for the reason that holding Bitcoin brings profits but with time we'll achieve other things like Bitcoin been used as a means of exchange and gets more government and global approval. We shouldn't criticize Bitcoin for achieving other milestones that weren't on the initial ideology of the creation of Bitcoin. Instead lets give Bitcoin more years and we'll be celebrating other impact that are more related to the usecase of Bitcoin.

Woodie

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Profit driven certainly not an understatement!

And the fact that everyone getting into crypto knows that some lucky folk out there were made instant millionaires for hodling after price soared wildly, everyone getting into crypto today want to emulate the succes the early adopters got, but with regulation, hacks, less volatility in the markets it could see less investments getting into crypto.

Quote from: asawale on June 20, 2023, 03:53:47 PM

The major truth is the cryptocurrency shouldn't be taken as a means to get rich quick. One must first understand that the funds to be invested is the fund one can afford to lose. Investing in cryptocurrency can bring unexpected circumstances which can either be positive or negative.

For sure, but most crypto guru's out there paint this kind of picture that Bitcoin has that get rich quick character to it and in the past it did, but I believe BTC has evolved and to be rich from it will take quite a long time.

Finestream

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Quote from: JeromeTash on June 18, 2023, 03:25:23 PM

Quote from: Forever101 on June 18, 2023, 01:11:36 PM

We all know that bitcoins has its various usecases but 80% of holders are profit driven.

80% ? Why not 100%

Let's be honesty, all hodlers are profit driven at the very least. Otherwise, what would be the point of hodling if one is not in for profit?

Quote

To me, I have come to understand that every holder cannot become rich at thesame time because their is no free money anywhere, when one user gets enough base on its smartness and well calculated strategy, another holder become a victim.

It's not only HODLers who are buying or using bitcoin. We have day traders and then those just using it for transactions. So that where the money comes from.
A person only chooses to be a victim when they sell off their Bitcoin at a price lower than the buying price

Exactly. All hodlers and even traders are profit driven, otherwise they will not risk their time and money if they won’t be getting reasonable profits in the end. Also, being smart and witty is a must in any form of investment, as you should never resort into wrong decisions and see yourself losing at the end of the day. While there are successful ones, there are also victims simply because they enter without any preparation and they are here just for quick profits without knowledge and skills within.

asawale

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The major truth is the cryptocurrency shouldn't be taken as a means to get rich quick. One must first understand that the funds to be invested is the fund one can afford to lose. Investing in cryptocurrency can bring unexpected circumstances which can either be positive or negative.

rozak

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Quote from: Forever101 on June 18, 2023, 01:11:36 PM

In every other business. So the fact is that , success in investment is directly linked to smartness.

Smartness in investing I think is in determining the momentum of the market when you will enter and planning well to get out of the investment. all Investment aims to profit, so this requires knowledge.
The simple thinking of people who invest is when they will buy an asset when the price falls. and sell it when the price goes up. it's simply put, it will be easy to do when they choose the right assets. and try to remain patient and consistent to believe in the assets they have.

Kelvinid

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Quote from: Jawhead999 on June 19, 2023, 08:27:48 AM

Some people lose and some people win are terms in trading, gambling or ponzi scheme. If you're invest Bitcoin for long term period, there's no one will lose because when people are keep buying Bitcoin, the price would be increase. Lose happen in investment when you sell your coins cheaper than you buy, if you keep holding during the dump season, it's an unrealized lose, not an actual lose.

Perhaps, it was undeniable when it comes to profit generation but of course, I don't hold forever even if I believe that the price of Bitcoin increase. I sell them when the time has come and when I was already in profit. Because it was not necessary to keep holding, the most important is that we earn a profit and this is actually how the market works and a reason why it grows due to its active trade, not because everyone is holding.

I I encourage people to hold but also to sell depending on the situation and as an investor, we know what we have to do to avoid losses, yet we don't need to be greedy.

Alisha-k

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Bitcoin has several use cases, yes, but in all the use cases, profit is still the goal

I’ll explain, the initial intent of satoshi when he created bitcoin was to make it replace our traditional currencies

So people will no long transact in USD or GBP but in bitcoins

If that is done, blockchain charges you for gas fee which might be higher than using your traditional currency to transact

ETH network charges very high, that a transaction of $100 could cost you $250 as gas fee, ETH is getting richer while you’re on $150 deficit

Topic: The truth about investment (bitcoins) (Read 602 times)