Topic: What triggers the zeal to invest? - page 4. (Read 497 times)

Your approach towards investing in Bitcoin is right. You have decided to learn about Bitcoin before Investing. Many people who are in the Bitcoin space want to make a profit from buying, holding and selling in the future. That's not a bad decision as much as you are not seeing the sector as a get-rich-quick scheme. Many people have the wrong Investment mentality because they think the sector is a Ponzi scheme that gives them instant and big profits. Just like stock, real estate and other investments, you can buy Bitcoin and wait till the price appreciates. Many people have attained financial freedom because they bought Bitcoin in its early stage.

Other investors trade on Bitcoin. These investors don't need to wait for a long time to gain from it. They monitor the market and sell at a given price collecting their profits. Others also use Bitcoin mainly as a currency because it helps them to invade certain restrictions placed on fiat. Bitcoin gives businessmen unlimited access to their funds, unlike banks that have a limited volume of transactions. So these businesses use Bitcoin to pay for goods and services both locally and internationally.

I agree that Bitcoin is still at its early stage, thus there is still a great opportunity to invest in it and make good profits in the future. Therefore nobody should assume he is late because there are still millions of people that have not picked interest in the sector.

Definitely Bitcoins are way more valuable than that what it is now. You need to just show trust in the coin and regularly invest in it. Bitcoins have grown massively since its launch and many have witnessed that. You did well mate by buying the coin before 20k usd price. Now the coin will go more up. So if you again buy the coin at this price, then still you can make good amount of profit. Just don’t greed for more and invest in limit.

I have an example of describing you know if you drive, so do you drive or not?

Simply that if you know how to invest and do you invest or not?

If you know about bitcoin and do you invest with it or not?

Actually in this space I can feel the many nuances that it exists, doubt and belief are simply whether people know about it or not. I also went through periods of being really skeptical and quite negative about bitcoin, but when I saw people who could make money from it, my curiosity pushed me to research this field don't want to depend on anyone. Everyone's journey will be different, but true to what I and many others feel, the truth is that bitcoin is here and we come to it, our manifestation will bring answers to the investment have achieved the desired goal.

It is not hard to understand. Read about bitcoin halving, how people use to buy bitcoin more after halving. It may not be immediately after halving, it can be some months after. This is the reason to invest in bitcoin now, because halving will occur in 3 months time, likely in April. Bitcoin is an asset that it's value is increasing as its price is increasing.

Nobody should ever "invest" in Bitcoin because Bitcoin is not an investment, nor is it a way to get rich or make profit.

Bitcoin is the only existing decentralized and censorship resistance form of money. Instead of thinking about making more of your inflating fiat without cap that keeps being printed billions and trillions at a time, try thinking about using the only money that has a cap and will never be printed more than 21 million BTC.

Just have this mindset that if you're not going to do anything, then there's nothing that's going to lose on your end but you also have nothing to gain.
So, if you're okay with that situation then you can stay being stagnant without any growth and without having the need to take any risk just as investing Bitcoin.
What's good in investing with Bitcoin is that this is a proven asset that if you stay for long term, you'll definitely going to make money by just being patient.

Bitcoin is not as risky as you are meant to believe. All you need is to have proper mindset, such that is required to profit from other conventional investments like real estate, gold, stock and others. If you give Bitcoin the same amount of time and peace you would give these other investment portfolios, Bitcoin will not fail you. But you will start having problems with Bitcoin the moment you treat it like a get-rich-quick investment, this is where problems begins for a lot of people especially the newbies.

No one has gotten burnt buying Bitcoin and holding it for 4 years to 5 years. Those that lost money to Bitcoin as usually those that buy today and expect the price to skyrocket within few days or few weeks. This is not fair to Bitcoin and makes it look like gambling and not investment.

well done.

well zeal to invest is to make money right. i keep second guessing myself thinking bitcoin will fall a bit more and then end up losing a good investment opportunity. i second guessed myself at 20000 - should have bought it

I think that early investors were almost purely for the idea. I'm investing in BTC because I'm sure that it will get to the $100K and even higher. I've been buying it at below $20,000 last year and now it's at $40,000+. Not a lot of assets are capable of that.

I believe it takes a million risk to invest in Bitcoin, still people are left with more than a million reason to take the risk. A lot of us especially the newbies are still skeptical  investing, each with enough reason to invest and not to invest respectively. The core question here is; what triggers you to invest?...for myself, I haven't figured out any tangible reason why I should invest, solely because I'm yet to understand the nooks and crannies of the market fully. However, I'm working hard studying extensively to understand the market. I feel this great joy when one post his first time buying Bitcoin, I get this great zeal to buckle up and nurture the feeling of investing too, believing that one day, that which triggers the feeling to invest will come to manifestation. I envy every first timer Bitcoin buyer, cos I'm looking forward to being like them in no distance time.