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Topic: tips for profitable investment in bitcoin - page 3. (Read 261 times)

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To get profits from bitcoin there are things that should be done when investing in Bitcoin. The first decision to take if you want good profits.

1. Investment should be long-term.  Bitcoin is always profitable when investment is long-term, buying in lower amount,  hodl till when the market rises. This may take time and this can only be achieved by exercising patience.

2. Not making attempts to time the market.  Timing the market is the biggest mistake any investor should think about,  this can result too much desperation to make profit that will make investment end bad. It will make sense to invest and not think to about when to make profit from the market.

3. Do not give attention or listen to anti-bitcoin. This can mostly have influence in the investment of young investors,  listening to people who are against bitcoin can make you feel you are doing the wrong thing.

4. Do not get worried about volatility (decrease). It is only for a moment,  it comes and go. It is just a distraction or threat to make people to take wrong decisions.

5. Top your portfolio when money comes in your hand. This should be with the amount you can afford to lose and not necessarily all you just earned.

This is what I belive for profitable investment,  you can also add to what have here if I'm missing anyone.
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