Topic: What triggers the zeal to invest? - page 3. (Read 503 times)

I guess to top it all, it’s all about financial stability that highly motivates me to invest and never stop investing in bitcoin. I have studied bitcoin before and end up seeing huge potentials that if I take steps to invest, I will surely reap massive rewards in the future.  And of course, I have seen successful stories of those early investors, they’re also some of the reasons why I am more passionate to invest in bitcoin.

However, after I have known bitcoin deeply, I realized there’s more reasons why we have to invest in bitcoin rather than financial stability. The knowledge itself made me realize that it can be my own advantage when bitcoin is finally utilize as a currency more than a tool for investment.

I don't know how much of "investment" metaphor to get rich with bitcoin works, just buy some Satoshi, and you're in, it's not that complicated, then, just make it part of your daily life, that's enough in the first instance.

Comsequently, You don't even just have to be an investor with bitcoin, you can be a buyer, seller or hodler, you also just buy some things with bitcoin, it is a great means of payment, or just use it to protect a part of your savings, in that process, you can that you like the option of investing...

There's one popular saying that goes, 'no one hustles harder than someone who hates to beg for anything.'
This about summarizes the point I would try to make and that is, the zeal to invest might be triggered by poverty or the inability to afford some basic necessities.
When a great thinker realizes that the best way to grow wealth is to make reasonable investments without the help of anyone, they would strive to earn as much to help the dream of financial freedom fly.

Nothing triggers more than poverty or a family to feed or a dream to fulfil.

See my username, stepstowealth, the answer is obvious that I am interested in making wealth that is why I am interested in investing. What used to be the discouragement is that I did not have enough money to invest the normal way people do, which is investing big money to buy to things like gold and housing, but bitcoins gives the opportunity to buy in any amount and still have same feeling of hope as an investor in real estate that has purchased landed properties for the future.

Really so others' thread of buying Bitcoin is your biggest motivation to invest in Bitcoin,  this is absolutely hilarious and I am sure we are going to be seeing one of those threads very soon announcing a new Bitcoin purchase, anyways let me tell you that,  majority of those who buy Bitcoin don't even write about it,  so for sure I also advise as you journey along in Bitcoin,  you should first concentrate on the knowledge because from what I can see right now,  it seems that you are overly taking Bitcoin to ve too risky than it is and that is not good for your long term goals in bitcoin.

As a newbie,  first build the knowledge a and from that knowledge you can then build your confidence,  it's a private affair and for that never allow anyone to pressure you on the amount of the bitcoin you buys.

Well I think the basic ones are ;

• Profit or returns over time
• Security
• Flexibility

As for profit and returns , Bitcoin is a good asset in that aspect which is very obvious from it's progress overtime including bulls and halvings.

As for security, as long as you keys and seeds are intact and free from hacks, your Bitcoin investments are as safe as possible.

While most investments are rigid Bitcoin is not as you can decide to no longer be an investor and sell off all your coin without breaking a sweat. Except you are a whale🙂 and when did most whales quit their BTC investment?🤷

Exactly. The people who think Bitcoin is some really risky thing are the people who don't understand what it is.

Bitcoin is hard money, that's like the definition of low risk. The main risk with Bitcoin is if would simply fail as an experiment. Bitcoin just passed its 15th anniversary, it has been through multiple market cycles, its regarded as a major global financial asset and in fact is currently the 10th largest asset in the world not including national currencies and the 16th largest currency, its owned by tens of millions of people, it's be turned into legal tender in one country already, and is possibly on the brink of being brought into the US financial market in a major way. The risk that Bitcoin would fail is a rounding error from zero.

The only real question is does it succeed as simply a store of value and investment and savings account for the world, or will it graduate into being an actual common means of payment for the world in the decades to come. But either way, the price is going to be many times today's price, so the risk is very low as an investment.

People may have their own reasons for using Bitcoin which are like to make returns when the price bumps and dumps and something like people who are tired of the centralized and highly censored method for using their hard earned money. And you may have your own reasons...

If you still uncertain about investing in Bitcoin then it's okay but keep in mind you may regret later for not buying at cheap price.

Yes, investing in Bitcoin is certainly very risky, and people who want to invest in BTC must of course be prepared for the risk and their knowledge must be prioritized first and of course people who want to make a profit must be prepared for the risk because if we don't have the courage to take risks then we won't get anything. It is very natural for a beginner to be skeptical and of course most of us will have experienced skepticism when we were beginners, but if you have explored knowledge and insight about Bitcoin, you will definitely know the benefits of BTC and its shortcomings.

The reason I invested in BTC was because I saw a good future for BTC, and I thought it would be a shame if I didn't buy BTC, whose total supply is only 21,000,000. Basically, I was looking for profit because I'm sure everyone also bought BTC because they were looking for profit.

If you want to learn about BTC, of ​​course that's very good and before investing in BTC, it would be better to prioritize knowledge first. For people who are interested in investing in BTC, they will definitely want to immediately buy BTC when they see other people buying BTC. Yes, I hope you have to be patient first and I am sure that one day you will have the potential to invest in BTC and honestly, if you have the will to invest in BTC, of ​​course that is the right step. Yes, hopefully in the near future your dream will come true op.

Why not make an investment if you are knowledgeable about bitcoin and the state of the market? OP, I believe it would be better if you just tried to determine whether you are able to manage it by making a tiny investment so that it won't break your wallet, rather than observing those who bought bitcoin and took the plunge without thinking twice. Since I continue to deal with numerous personal issues and a lot of challenges, I have not yet made an investment in bitcoin, but I do want to try. However, the time is not ideal for me to do so. I believe that my understanding of bitcoin is insufficient for me to invest in it at this time without learning a great deal about it. I sincerely hope you will exercise patience when beginning your bitcoin investment, unlike other people who can't wait to get rich quickly and then regret their decision. You are welcome to give it a try, and if you do, do keep us informed. Who knows? maybe it will inspire us to begin investing in bitcoin as well.

Till today it would be difficult to find an instance where an investor has lost money after buying and holding Bitcoin for a long period of time. But some investors must have suffered losses who could not keep all their money invested in Bitcoin. Lots of investors have to sell their bitcoin when they need money for their expense. Those who have only invested money for a long time that they have no problem with spending money, have definitely been profitable. But those who hope to make profit from this short-term investment will definitely lose if the environment is not favorable.

I have invested because first of all i do not know where else better to put the money i have saved

If i keep the money i have saved with me, i know that in no time i will be able to spend it all meanwhile if i put the money in the bank it will not really do me a favor because it will not help me gain profit

If i just keep on saving it it is not gonna gain any more value and most likely it will even hold less value in the future

Second one, i trust bitcoin that it will increase in price more in the future which i know will definitely help me in the future financially speaking and would help me achieve the dreams that i hope to reach i know that there are a lot of risks but i know that the benefits outweigh the risks so i choose to invest

You don't need any zeal to start investment what you need to start is decision, if you have taken the decision to make investment having known the importance of what you are venturing into you wouldn't wait for anyone's result to triggers you before going into investment. There are people today who are reaping their investment because they weren't waiting for someone to convinced them before they could start investment, as then they were investing blindly thinking they don't know what they were doing but today it turns out that they are the major holders while some people sold when bitcoin hit highest ATH and they made their profits. Waiting till you get all education about bitcoin will also keep you on a suspense till understands it thoroughly but if you invest now before you could gain those know you will see that you have made the best decision for yourselves while the price keeps going higher.

What sparks the investment fire? I get you; The dive is exciting but flipping is terrifying. Its a classic case of risk vs. reward.

Then why do I put money into Bitcoin? Being revolutionary is important to me. Its like being at the forefront of the internet explosion, but for future monetary. Bitcoin is more to me than just money; its a new way to think about freedom and money. The market is more volatile than a rollercoaster, but thats the fun.

Just so you know, Im not telling you to put all of your money into Bitcoin. Try it small, dip your toes. Its hard to understand the market, but isnt everything? Its part of the journey to learn and understand more. Remember, every Bitcoin investor started where you are. So, have a party when you make your first buy. You have become part of a group of pioneers. You never know, you might even encourage someone else to take the leap.

It's a profit now if you bought bitcoin below 20k. What is your target price to sell the bitcoin you hold now? Are your accumulated bitcoin holdings at least 0.1 btc? I was just curious, so I asked.

As long as you always remember that every investment we make here in bitcoin or cryptocurrency always comes with a risk, dude, and you must be aware and prepared for these situations. It's just that it's not my priority to hold Bitcoin in the long term, although I also believe in it. It's just that I can't accumulate a large value of it either, so I thought of another alternative to do DCA.

What triggers you to invest is just solely to make a lot of income from your bitcoin investment. People might have different opinion as to why they are investing that is different from yours but what matter the most to me is that; with my investment in bitcoin, I won’t be affected by inflation and the worth of my BTC will still be what it is even after being hit by volatility in the market.


Sadly enough, the big number of adoption that have been received by bitcoin is because of the mindset of investment that they have about it. It has moved from its main purpose of creation to another alternate source of investment that can make them rich overtime.

Investment is always somewhat risky, but I actually think that investing in Bitcoin isn't that risky. Bitcoin has been growing over time, so it's pretty safe to just wait out the bear markets. Moreover, Bitcoin has high liquidity, so unlike with some other investments (real estate, for example), you don't need to worry about being unable to sell fast when the time is right. Apart from that, Bitcoin is something that doesn't need a third party, you can make an investment yourself and be independent of everyone else in that regard.
So, to me, Bitcoin just isn't that risky, which makes it an attractive investment or at least a savings account.

Risks have always been an integral part of human life. In financial life as well.

There are only 2 biggest problems in the world of finance:
1 - how to earn money;
2 - how to save what you earn.

Investing in bitcoin can help solve both of these problems - you can both earn and save what you earn. Depending on personal preferences, each BTC-investor pursues one or another goal (or even both at once). Still, bitcoin is an amazing financial instrument.

There is no need to wait, but to act. Become like them.

OP, your communication style is quite interesting, but your posts suggest that you are already quite informed about the value of Bitcoin, its volatility, and all the pros and cons. Why is there any doubt about investing a certain amount and being an eyewitness, a practitioner, and not an observer? I think it's nice to be on the same page with those who believe in Bitcoin and one day get some increase in their wallet, rather than remain in doubt and regret the missed time.
Yes, there are incidents when people lose, but mostly this happens due to inattention. If you are aiming for a long-term period and know all the aspects of storage, you should not be afraid; on the contrary, you should keep up with the times.

There are many reasons why someone will invest in bitcoin, and I'm sure we almost know what those reasons are. Out of all the topics here in the forum, I'm sure this kind of topic or opinion has already been discussed and has given answers, but for the sake of the question. What triggers me to invest in bitcoin or crypto currency? Simple, because I want to earn money, I want to have a lot of money so I can afford the things that I want to buy or own, and as I see that crypto currency and bitcoin have a lot of potential and have become more popular with many people, that's why I also got curious and decided to explore this technology. We all have different reasons why we take the risk of investing. Even though we know the dangers and risks of this field, the urge to have money or to earn money lets us take the risk and decide to invest.