Topic: We should be looking only at the brighter side - page 5. (Read 1184 times)

Every investment carries a potential risk.  As such, there are various risks and potential problems with investing in Bitcoin.  The cryptocurrency world is a high-risk world.  Here those who have become adepts are just looking at the profit and progressing gradually.  Many of those who didn't succeed are still trying, and some have turned their backs on cryptocurrencies.  Because they think if they invest here or spend time here, they will only lose.  It is as if they are unwilling to accept that the loss they have suffered is due to their own fault.

People seem to forget the downsides of hodling btc or any other crypto. it's like saying that you only need patience to make your money grow given time. There are probably a lot more people who lost money than gained during BTC's emergence. People who also looked to it as something that could make them wealthy with less effort. It's easy if you have money to spare and can afford to forget for a long time but most of us normal people don't have the luxury of a very long timeline for hodling.

At this point, let's see how many would panic if BTC drops big time. I'm sure many bandwagoners will start selling off even lower than their purchase amount. It's a repeating cycle where the ones who can afford to lose and stay hodling wins.

Cheers...


When it comes to cryptocurrency, there are 2 things to do with it, either you trade or you hodl it. I always considered hodling as a true investor's action, not trading where you buy and sell just to make a few profits. Anyway, the bright side is usually at the end of the tunnel, like you said and it'll be worth the wait at the end of the day.

Hodling Bitcoin is even way more profitable than trading now that it's adoption is increasing. Bitcoin is becoming more and more popular and everybody wants to get into it or is even getting into it. So why would one, as an investor want to trade at that moment? Honestly, I don't even think trading Bitcoin has any advantage over hodling, but cheers also to the people who trade Bitcoin for whatever reason they may have.

What you say is true, and maybe it is very easy for you to convey it. But believe me, doing all that is not as easy as you say. Especially if you are facing urgent needs, such as family needs that must always be met and the only money you have is bitcoin (investment). I think there is no harm in deciding to sell bitcoin in a situation like this. Because I personally think this action is a very good thing, rather than having to borrow money from other people or banks.
So I personally would not blame investors who are not strong enough to hold Bitcoin because of family needs.

That's why, when investing in Bitcoin, we should use cold hard cash, and we should have emergency money, as well as savings. Because if these three aspects are not implemented well, then when economic conditions or financial conditions are not good, the solution taken will definitely only be to sell bitcoin.

And for example about network congestion, slanted news, and falling bitcoin prices. Only then is this really not worthy of being used as material to make us sell bitcoin. Because it's just something that will return to normal in a relatively short time. So don't panic or be afraid when this happens. However, I emphasize again, the family needs factor cannot be avoided. So neither you nor I can assume that people who sell bitcoin because of family problems are weak bitcoin investors.

Even if we did not view it as a long-term investment, as a Bitcoin investor, you must be aware that the investment is for a long period of time before the ATH since we all do it to get profit during the bull although some people are selling their investment once they see a small profit on it or, let me say, once they see the market rise, which I cannot blame them because not everybody can wait till the next bull market before they sell their investment. However, Bitcoin value is always increasing globally now because the adoption is getting bigger than even expected, and I believe many people will come. 


Everybody who want to invest need to be aware of the risk, associated to the investment not only in crypto but any other investment. someone need to do research about where they are putting their money into, that is what will help the investor to manage his investment. However, some people are not accepting the risk as you said, but they just get into the crypto because they heard that people are making money out of it.  So they want to get involve and they don't want to accept it. most of this people later loose their money because they don't know exactly what to do.

Yeah without faith it is never possible to achieve anything good. Those who have believed in bitcoin for a long time have now reaped huge gains the sooner you gain trust the better for you. If the office finds you trustworthy then they will hand over the work to you trust you to gain trust you need to be sure to meet targets within deadlines and keep your promises.

There is always a risk in everything we do as long as  this life is concerned, but depending on how we go about it, if you want to be successful in life you need to take risk. most of the wealthy people you're seeing today they really face a lot before they could achieve there goals, in terms of making investment risk is also involve and if we can pay attention to this risk and face them in the right way, I'm pretty sure that we will be making profit from every investment we make.

exactly why we just don't take risks but rather
we take well-studied and calculated ones

if we invest properly the returns would be double
sometimes even triple and that is what makes
bitcoin so attractive

Risks will definitely be there, but we can always lessen those risks if we are are completely aware what we are investing about most especially if we are hodling it for long term. However, when it comes to bitcoin, its profits is certainly bigger than its risks so if we can always overcome those risks and lessen them, we will continue to make decent profits from our investment. And while opportunities are limitless in bitcoin, then we should learn to take advantage of them so we can end up maximizing its potential profits.

Not always positive things will always influence the movement of Bitcoin and vice versa, so it is necessary for us to be able to minimize as much as possible the risk of our investment with Bitcoin because that is what can make investors successful when investing in Cryptocurrency. indeed if there is good news about bitcoin everyone will definitely be happy and shout that holding can bring big profits for us but we also have to realize that when bad events happen many people also complain that they have lost everything as happened in last year's bearish season.

There's no pressure really. I never see any opportunity such as HODLing as much stress or a do or die affair for an investor making the choice. It should follow a plan really and there must of course be an income source that could even be HODLing the profits from trading crypto.

However,  when such is done dutifully, the discipline to continue till the duration one has opted for will become a part of one's daily occurrence and there's nothing that can beat focus and action in motion.

Looking at the bright side of an issue to have motivation to hold and feel less pressure with market is a good thing. However, we should not be too optimistic and ignore other unfavorable factors that we may encounter, especially for those who do not use their idle money to invest. There are people who use financial leverage or bank loans to invest in this market. If you only think about the positive aspects and assume that the market just only go up. This mentality will make us subjective, thereby borrowing more. And it is very dangerous financially if the market does not follow expectations, and it lasts longer than we can tolerate paying interest to the bank. As a result, we have to sell before our expectations are met.

You got it right mate , yeah I am in the big financial problem those times specially counting the pandemic when the world stops for all of us and yeah i needed to release my bitcoins those times.
and correct that at least we are comfortable when others are struggling to even have eggs in their table , but i need to sacrifice my bitcoins and other altcoins.

One of the reasons for maintaining the assets that I have kept so far is because the history of Bitcoin prices has motivated me to be on the bright side of all the temptations of negative issues or downward price movements. The light at the end of the tunnel can only be seen by Investors who have full confidence in the potential generated by Bitcoin, they have made a lot of profit after Bitcoin just reached ATH, their patience has brought them joy and their tiredness has paid off.
Those who are able to bear the risk have equipped themselves with knowledge before investing in Bitcoin, any temptation will not affect their attitude as a result of self-equipment which leads to full confidence that Bitcoin will continue to increase over time.

 I believe in Bitcoin. Now,  Anyone who's been in the game knows the wild ride Bitcoin can take you on. But listen, this is about playing the long game. Bigly.

Sure, fees, slowdowns, those are part of the growing pains. But think big -  Bitcoin, it's the vanguard of a whole new financial system. This is like the birth of the internet, only for money. So, my advice? Hodl. Hodl tight. The rewards down the line, they're going to be tremendous, believe me. This isn't about getting rich quick, this is about building a smarter, fairer future. Don't get bogged down in the nitty-gritty. The potential here? It's truly revolutionary.

Facing risk and problems is common but as we are in this investment journey, we can't just turn around but rather face and solve it. These problems teach us to be more strong and determined to achieve our goals. Giving up is just for those who are weak and have no plan of improving their life. Successfully never thinks on the negative side of the market but rather sees the opportunity when darkness comes. We always give the solution, not by looking it hard.

---

That is why smart investors buy coins when weak people are selling and they then sell their coins when these weak people are buying.

Reasons why you may want to sell off everything.

1. You have invested way more than you are ready to lose.

2. The money was never meant for investment.

3. You don't have a clue about the Bitcoin market cycle.

I've never run out of patience with Bitcoin since I understand how the cycle works, emotions in this space is no more in me because I have been into this market since 2017 and I know exactly how market works.

Also it depends on the type of an investor you are, I am into Bitcoin investment not just to make some money but to build my empire with Bitcoin, I want my retirement around Bitcoin, for someone like me there is no reason to rush or wish for anything fast.

Most emotions get built up when you aren't making money from another source, always make sure you have something going on financially in your life, investments do take years to get good results.

Be aware both of the risks and rewards, that way you will certainly succeed on your investment because you manage well its negative and positive aspects. While bitcoin investment can be highly risky most particularly for those who invest without knowing, but it can also bring us exceptional profits if we overcome all its risks and take advantage of every opportunity it brings. In the end, bitcoin investment can be both profitable both long term and short term hodling, as long as the investor knows how to maximize its profits by buying at its low price and selling when the price is high. However, since bitcoin value appreciate every year, long term hodling might be the best key to gain massive profits.

Of course, we must always pay attention to the risks that we will face in the investments we make and if we are able to face the risks that will occur when carrying out investments, of course we will be able to carry out these investments well and be able to solve problems when carrying out investments. To be able to make the right decisions on the investments we make, we must be able to analyze the market in order to take advantage of the opportunities that exist in the market and if possible, we will be able to make a profit from the investments we make.

Normally the red flags during investing should also be acknowledged.Factors that could hinder the investment process ranging from volatility,risks,market liquidity,budget,inflation rate and ecetera
These things can also be considered too in order to successfully achieve your financial aim.

However,making a good investment decision should also be considered as important to make the right choices today whenever you intend to invest because it can have a big impact in your financial situation.There are good things to achieve when you take and make the right investment choices.