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Topic: What triggers the zeal to invest? (Read 503 times)

hero member
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January 10, 2024, 06:22:59 AM
#70
If you just want to understand the ins and outs of the market then it leads to trading not investment while the right reason may be that you should understand about bitcoin completely so that you are convinced that bitcoin is an important asset that can increase in the future.

Of course there is a reason behind it all. Suppose why I invest in bitcoin because I believe it will provide benefits in the long run this is the first point, secondly bitcoin will be more developed and mass adoption may soon occur slowly, now bitcoin has become a global economy especially since several countries have legalized bitcoin as a legal currency, and many other reasons.

You must know why to invest, because there will be enthusiasm to start investing in bitcoin.
Understanding Bitcoin goes beyond market analysis to understanding its long-term value. I invest in Bitcoin because of its potential. It's not only about the immediate advantages but Bitcoin's financial stance.

Your second point hits home. The emergence and gradual broad adoption of Bitcoin imply a global money and transaction paradigm shift. As governments legalize Bitcoin, we're seeing a financial and socio-economic revolution. Legitimacy and stability boost investor trust.

Finally, the "why" of Bitcoin investing is crucial. Its not enough to join a bandwagon; you must believe in its value and see its importance in the global economy. This idea motivates investors to endure market volatility. Its about joining a new digital finance era.
sr. member
Activity: 294
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HODL - BTC
January 09, 2024, 01:16:55 PM
#69
If you just want to understand the ins and outs of the market then it leads to trading not investment while the right reason may be that you should understand about bitcoin completely so that you are convinced that bitcoin is an important asset that can increase in the future.

Of course there is a reason behind it all. Suppose why I invest in bitcoin because I believe it will provide benefits in the long run this is the first point, secondly bitcoin will be more developed and mass adoption may soon occur slowly, now bitcoin has become a global economy especially since several countries have legalized bitcoin as a legal currency, and many other reasons.

You must know why to invest, because there will be enthusiasm to start investing in bitcoin.
hero member
Activity: 952
Merit: 555
January 09, 2024, 01:11:21 PM
#68
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.

Almost everyone who has invested in Bitcoin are having similar reasons for their investment, we may not have them as exactly as with each other but there's this common zeal on every investors to want to make profitability in their investment in bitcoin, this is maybe due to diverse reasons that they have been through right from when they have been using fiat and having challenges with financial regulatory authorities.
legendary
Activity: 2240
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A Bitcoiner chooses. A slave obeys.
January 09, 2024, 12:27:49 PM
#67
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.

Not sure where you got the idea that Bitcoin has a million risks.... If Bitcoin had that many risks then statistically Bitcoin would have died a decade ago, at latest.

Of course anything in life has its risks and rewards. But by now, after 15 years, surely you must realize that the risks keep shrinking and shrinking as Bitcoin proves itself. Not once has it been hacked, exploited or controlled. If someone could have done something to Bitcoin, they would have done something already. Especially the government, the worst of exploiters.

By comparison of risks with fiat, Bitcoin obviously is the less risky choice, when it comes to retaining your wealth.
sr. member
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January 09, 2024, 09:00:17 AM
#66
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.
Waiting to understand the concept of bitcoin is good, you will know what exactly you are doing, and you will get all the necessary ideas and risk management strategies you need.

I think only learning and understanding Bitcoin and how it works is enough reason for you to invest in bitcoin, you need to understand the concept of price movement and market strategy, that should be for people willing to learn about trading. All you need is to know about your bitcoin wallet, how to keep your private keys safe and how to buy and sell bitcoin that's all.

Be motivated by the uniqueness of bitcoin, do not invest because of FOMO.
member
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January 09, 2024, 08:54:41 AM
#65
There is always a feeling attached to every moment, especially when there are testimonies. it triggers one to also want to feel among but the fact that you chose to know the basics before you invest is what shows that you're smart enough to make decisions. Even with all the feels what makes me want to invest in Bitcoin is the knowledge I have gather and the primary aim of making profit from a long term investment.

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. Wink
Over time now, bitcoin has seems to be an investment than a decentralized money that it's meant to be, well this is just the secondary purpose of investing in bitcoin because it comes after been aquatinted with the pros and cons of Bitcoin or it comes after knowing the intention of Satoshi.
full member
Activity: 476
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January 09, 2024, 08:50:39 AM
#64
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.

If you invest in Bitcoin you will surely get success, if one keeps money in bank then get little interest. But if that same amount of money is invested in Bitcoin, it is possible to get two to three times the benefit. Here's the op if you want to know more about the market then you should start by looking at the low and high price of bitcoin. At the beginning of 2023, the price of Bitcoin was as low as $15.5k, but at the end of 2023, the price of Bitcoin reached a high of 42k in the month of December. Then you see the price of Bitcoin has tripled in this 10 to 12 month period. If you understand this difference, you will definitely be interested in investing.
sr. member
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Vave.com - Crypto Casino
January 09, 2024, 08:22:03 AM
#63
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.
Talking about risks, all investments have their own risks, and we must be brave enough to take risks to strengthen our finances in the future. For me, why invest in bitcoin because bitcoin is a decentralized system, it cannot be manipulated and stolen/hacked if we really guard it well. A system that has no government interference so that it is the first and only asset that provides full freedom and rights to its holders. The only asset that is not limited by any jurisdiction/borderless, everyone from any background can own it without conditions. This is what triggered me to invest in bitcoin.

So for me Bitcoin is an intersection between space and time.
- Fiat = annually devalued due to inflation but light to carry.
- Gold = value tends to rise in the long term but is heavy to carry.
legendary
Activity: 1974
Merit: 1108
Free Free Palestine
January 09, 2024, 07:31:19 AM
#62
It's commendable that you took the time to research bitcoin and wanted to learn about it thoroughly before investing, something not many newbies do. But you also need to take advantage of your opportunity instead of hesitating too long because investing early will also have certain benefits. Like you said, like those who invested early in bitcoin and they're enjoying the rewards that they're getting.

Right now, Everything should be carefully calculated because it's not really good if you aren't able to accumulate bitcoins at its lower price considering we already entered the halving year, it would be another run in the crypto market where the price will slowly continue to rise because of it. It's best if you can buy some more bitcoins and continue to add more in the future don't forget to spend just the amount you can afford to lose because it's not a matter of risk taker here but it's a matter of who can give his mind peace whenever he has some bitcoins and waiting for the right moment to sell it.

I wouldn't advise or convince the OP to buy bitcoin right now because he said he wants to understand it well before deciding to invest in it. But I just want to remind him that investing when it is cheap will give him better returns and the opportunity to own more bitcoin when it is more expensive.

The halving event is approaching and even those new to the market understand that it will help bitcoin increase in price even more. So I hope OP doesn't miss a great opportunity like this, which only appears once every 4 years. Furthermore, we can buy bitcoins and continue learning about bitcoins, which is not bad either.
sr. member
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January 08, 2024, 01:48:57 PM
#61
What triggered me to invest in Bitcoin was because with a total Bitcoin supply of only 21 million pieces, several people including me believed that someday or over time in the long term. The value of Bitcoin will definitely become more expensive due to limited supply, and in the long term Bitcoin also has the potential to provide good profits for those who have patience and strong faith.
So the most important thing that we must instill in ourselves before investing in Bitcoin is patience and also a strong belief in doing so so that we can get big profits. Patience aims to wait for the price of Bitcoin to rise high from its low price before you buy it. Belief aims to make you stick to your long-term goal that Bitcoin in the long term or in the future will make you rich or financially healthy, and many other Bircoin beauties in time.
hero member
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Nothing lasts forever
January 08, 2024, 11:21:48 AM
#60
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.

I believe that investment into potential assets is the only way to become wealthy and that is the only trigger for me to keep investing in bitcoin over the long run.
I think this should be enough reason for everyone to invest in bitcoin and diversify their investments.
Keep investing, take profits, invest it in other assets and keep rotating the income to stay wealthy from your investments.
hero member
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Vave.com - Crypto Casino
January 08, 2024, 11:11:55 AM
#59
The most common reason people will say to invest is to make a profit. Bitcoin is the choice of many people because they can get big profits in one cycle if they decide to invest in bitcoin for a long time.
But people must be aware that investing in bitcoin has risks, and most people are not ready for the risk that the price of bitcoin will go up and down as often.
What triggers me to invest is also because of profit. I found bitcoin to be the best investment I have ever had, so I still want to continue investing in bitcoin.
If @OP wants to buy bitcoin, he needs to get started before it's too late. But first, he has to learn about Bitcoin investment so he can adjust the funds he will use to invest.
hero member
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January 08, 2024, 11:00:18 AM
#58
There are people I knew that are into crypto investments before me and I was motivated to know about crypto too, fortunately it feels like something that I can fit in with very well, from what Bitcoin has to offer those who seek for freedom from their rulers to the idea of making more money because of Bitcoin scarcity mechanism, it makes a lot of sense to be in Bitcoin than anything else.

I believe that Bitcoin will have a better value in the future and I don't plan on missing out the future possibility, Bitcoin is a good store of value for the long term, this is a big part why many people are investing money on Bitcoin, just make sure you risk what you can afford to lose, nothing is guaranteed, anything is bound to happen.

There are often cases where people who are aware of Bitcoin before us didn't buy the idea of Bitcoin and right now they are left behind but those who has believed in Bitcoin are in much better situation provided if they had invested into Bitcoin because we need to understand the difference between not believing in Bitcoin and not having enough money to invest into Bitcoin as there are few who believe in Bitcoin but due to their limited income they cannot afford to invest as they can hardly have sufficient amount to feed their family as I have read one such story from a mason from Bangladesh.

When it comes to bitcoin the risk of losing it all is very minimal compared to Altcoins.
sr. member
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January 08, 2024, 10:02:47 AM
#57
There are people I knew that are into crypto investments before me and I was motivated to know about crypto too, fortunately it feels like something that I can fit in with very well, from what Bitcoin has to offer those who seek for freedom from their rulers to the idea of making more money because of Bitcoin scarcity mechanism, it makes a lot of sense to be in Bitcoin than anything else.

I believe that Bitcoin will have a better value in the future and I don't plan on missing out the future possibility, Bitcoin is a good store of value for the long term, this is a big part why many people are investing money on Bitcoin, just make sure you risk what you can afford to lose, nothing is guaranteed, anything is bound to happen.
legendary
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January 08, 2024, 10:02:34 AM
#56
The core question here is; what triggers you to invest?
Money. Profit. To support the coin itself.

Me spending some money, and investing in Bitcoin doesn't mean that I'm on it for the profit only. Although it's the main reason why I'm investing, I also plan to use Bitcoin to buy some things in the future when the transaction fees are low, and more establishments are accepting it. I think that's a way of supporting the technology behind it. People are investing for profit. People are investing because they believe that they will get more money when they invest in it. This is the reason why Bitcoin is more of an asset than a currency, and there's nothing wrong with it. It's just that, the main purpose of Bitcoin which is to be a currency without any third-party involved is slowly fading away. Can't blame other people though.

~
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.
Save some money, learn how to buy Bitcoin, and also learn the basics of not just Bitcoin, but cryptocurrency in general maybe.
Do you envy them? Your time will come as well. There will be a time when you will be the one to buy Bitcoin, and some people will envy you as well. Take your time. Investing isn't a race. If you don't have money for now, work more so that you can have money to use to buy.
full member
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January 08, 2024, 09:45:31 AM
#55
you can invest according to your abilities and according to your initial motivation, whether to gain financial freedom, success in the market, etc., there are many things you can use to trigger zeal within you. but you don't need to invest if you feel that you are not sure about it. especially if you invest just to follow along like other people who have a good portfolio without doing research on the assets you are going to invest in, it's the same as giving your money for free to the market, because in the end you will lose all your money.

having a good enthusiasm for investing is good, but it is even better that this enthusiasm is in line with knowledge and good management of the money you will invest in the market. because just with enthusiasm without knowledge and good management, someone could lose it when he encounters obstacles in the market.
hero member
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January 08, 2024, 09:21:43 AM
#54
For the most part, it's the promise of profit and nothing else.

Thing is that everything else that you could think about as possible reasons why you would invest would only fall secondary to the love for money. Let's just put it this way: You're working not because you want to "earn career advancement" or "learn a skill or craft", if you were you would've gone someplace else that provides that primarily without the dangling promise of giving you money in the process. This tends to also be the trend for trading and investment. You want to earn money or at least are looking for the prospect of earning a lot of money, especially if you're more on the crypto side of investment/trading.For newbies, you might wanna go find a real reason to invest and trade, simply "learning the nooks and crannies of the market" wouldn't do cause at the end of the day you could achieve that learning from other people's trading journeys, and the best part, you wouldn't have to lose money in the process!
legendary
Activity: 2128
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January 08, 2024, 09:11:05 AM
#53
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.
I have seen those who invest in digital currencies such as Bitcoin which we generally know today, also including several other types of crypto currency, one reason and one goal to get more income and want to get real wealth.

In Chinese society, 5 year old children are taught how to invest well, investing is one of the mandatory activities for Chinese society, of course you can see how Chinese people live with people from other countries, that's the advantage of investing, of course now many of us are familiar with crypto, maybe it's to make it easier for anyone to invest, I'm sure anyone and for any reason, for me, investment is the best solution to do at any time without limitations and without reason.
hero member
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You own the pen
January 08, 2024, 07:12:42 AM
#52
It's commendable that you took the time to research bitcoin and wanted to learn about it thoroughly before investing, something not many newbies do. But you also need to take advantage of your opportunity instead of hesitating too long because investing early will also have certain benefits. Like you said, like those who invested early in bitcoin and they're enjoying the rewards that they're getting.

Right now, Everything should be carefully calculated because it's not really good if you aren't able to accumulate bitcoins at its lower price considering we already entered the halving year, it would be another run in the crypto market where the price will slowly continue to rise because of it. It's best if you can buy some more bitcoins and continue to add more in the future don't forget to spend just the amount you can afford to lose because it's not a matter of risk taker here but it's a matter of who can give his mind peace whenever he has some bitcoins and waiting for the right moment to sell it.
hero member
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January 08, 2024, 06:59:56 AM
#51
~Snip~
It is poverty that propels richness while richness propels investment. When you are poor you will have the eagerness to get a job and earn some money. When you are able to earn good money, you will be eager to invest the money. So, there's no special motivation for investment if not to have a big return of investment and be rich or live comfortably in life.

Early Bitcoin investors where not actually after the return of investment, rather they were after  building a new decentralized technology to beat the flawed traditional system that is in existence.
Although you are correct, but when I looked from another angle there are lots of people who are working making good money of their lives but has still refused to invest in bitcoin not because they don't have money or nor they are poor. Like said, most people aren't yet settled to or made up their minds to venture into bitcoin.
There is one thing about investment, be it bitcoin investment or any kind of investment. That very thing is that it is not everyone that has the courage to invest. Investment requires patience and time in order to reap the reward of your investment. So many people believe in the present pleasure and does not care what the future has for them. While some people will only invest in what they are very sure about, this is one of the reasons why Bitcoin does not attract so much investors. Many people do not understand Bitcoin and its nature, and as you can also attest, there is a very great chance of losing your investment when you invest in what you do not understand. This is why bitcoin is always seen as an investment opportunity for the younger people, while the other people might not have the time and the Brain or opportunity to study about bitcoin which appears somehow technical than the everyday transitional system of investment that we know. Most times I do not blame people who refused to invest in Bitcoin, to be honest with us bitcoin investment looks like gambling. At one point you might be favored and in the other way around you could lose especially when you don't have the knowledge of the cryptocurrency market.

I think we are both making the same point here because if you read correctly you will know, like the area I said people needs to understand to the kind that of investment they are making before putting their resources especially those who doesn't have basic knowledge and understanding about bitcoin. At this point being poor doesn't only deprived people but the concept and readiness in other words we can call it being prepared for the investment and, and being prepared required them to know the whole concept of bitcoin except for we that are deep rooted in the knowledge to know when to enter market and exit market and this is solely for those who are their for just short time profits making.

Those who are there for long time investment might not even consider to learn and have full knowledge since they have already projected for long term hodl so they don't care if bitcoin drops or increases to whatever amount except to their maturity year or maybe during that time if they noticed that the market is not on their favor they can still extend their investment at this point if they noticed some significant drop in price they don't mind involving themselves in DCA to also increase their portfolios.
legendary
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January 08, 2024, 06:43:49 AM
#50
~Snip~
It is poverty that propels richness while richness propels investment. When you are poor you will have the eagerness to get a job and earn some money. When you are able to earn good money, you will be eager to invest the money. So, there's no special motivation for investment if not to have a big return of investment and be rich or live comfortably in life.

Early Bitcoin investors where not actually after the return of investment, rather they were after  building a new decentralized technology to beat the flawed traditional system that is in existence.
Although you are correct, but when I looked from another angle there are lots of people who are working making good money of their lives but has still refused to invest in bitcoin not because they don't have money or nor they are poor. Like said, most people aren't yet settled to or made up their minds to venture into bitcoin.
There is one thing about investment, be it bitcoin investment or any kind of investment. That very thing is that it is not everyone that has the courage to invest. Investment requires patience and time in order to reap the reward of your investment. So many people believe in the present pleasure and does not care what the future has for them. While some people will only invest in what they are very sure about, this is one of the reasons why Bitcoin does not attract so much investors. Many people do not understand Bitcoin and its nature, and as you can also attest, there is a very great chance of losing your investment when you invest in what you do not understand. This is why bitcoin is always seen as an investment opportunity for the younger people, while the other people might not have the time and the Brain or opportunity to study about bitcoin which appears somehow technical than the everyday transitional system of investment that we know. Most times I do not blame people who refused to invest in Bitcoin, to be honest with us bitcoin investment looks like gambling. At one point you might be favored and in the other way around you could lose especially when you don't have the knowledge of the cryptocurrency market.
legendary
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Free Free Palestine
January 08, 2024, 04:10:34 AM
#49
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.

I'm feeling honoured for taking cognizance of my communication style. You're right about my little knowledge of Bitcoin, but I think I'm not set to invest yet. There's time for everything, for me, now isn't the right time to invest. Aloha 🕊️

It's commendable that you took the time to research bitcoin and wanted to learn about it thoroughly before investing, something not many newbies do. But you also need to take advantage of your opportunity instead of hesitating too long because investing early will also have certain benefits. Like you said, like those who invested early in bitcoin and they're enjoying the rewards that they're getting.

To get the best return on investment, we need to buy low and sell high and buying bitcoin at $44k is better than buying bitcoin at $100k. I think you need to speed up your bitcoin investment journey.
hero member
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January 08, 2024, 03:44:23 AM
#48
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.
If you do not feel like investing in this market and you have found no reason to do it then that is on you, however questioning investing itself is definitely wrong.

The fiat system and the money printing policies of governments forces everyone that knows what is going on to become an investor, if you do not and just save your money over many years you will realize that what you could have bought with that money on the past is not what you can buy now, thanks to the inflation generated by the money created by the government, and if you want to avoid this happening to you then you need to invest that money, whether you do this on your own business, stocks, real estate or cryptocurrencies does not really matter, what matters is that you realize what is going on and take actions to protect yourself.
I laugh at how simple you've made investing seem. Its nearly cute. In this age of financial instability, investing is a survival strategy. With its constant money production, the fiat system devours your savings like a black hole. How can anyone overlook this obvious truth?

I disagree with you here. I'd say that cryptocurrencies, especially Bitcoin, are unique among assets. Why? A statement, not just an investment. A uprising against a system designed to fail the average Joe. Investing in Bitcoin means supporting a decentralized future free from government-controlled currency, not merely protecting your assets. A powerful move.

Keep in mind that Bitcoin isnt only an inflation hedge. Its a strategy in a global financial game where power constantly changes the rules. Bitcoin investing means changing the financial environment as well as your financial future.
member
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January 07, 2024, 09:44:50 PM
#47
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.
Bitcoin investment is definitely profitable. It can speed you up in profit urdu. Investing should never be rushed as long-term investing is at the pinnacle of success. There are people who don't have any money to invest but they have made Bitcoin investment success by saving some money from their weekly or monthly salary. Only those who have complete knowledge about Bitcoin are ready to invest all their life money in Bitcoin. Poverty is never permanent when one is willing to invest he will surely succeed if he tries.
hero member
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Bitcoin is GOD
January 07, 2024, 08:25:07 PM
#46
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.
If you do not feel like investing in this market and you have found no reason to do it then that is on you, however questioning investing itself is definitely wrong.

The fiat system and the money printing policies of governments forces everyone that knows what is going on to become an investor, if you do not and just save your money over many years you will realize that what you could have bought with that money on the past is not what you can buy now, thanks to the inflation generated by the money created by the government, and if you want to avoid this happening to you then you need to invest that money, whether you do this on your own business, stocks, real estate or cryptocurrencies does not really matter, what matters is that you realize what is going on and take actions to protect yourself.
jr. member
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January 07, 2024, 07:48:02 PM
#45
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.

I'm feeling honoured for taking cognizance of my communication style. You're right about my little knowledge of Bitcoin, but I think I'm not set to invest yet. There's time for everything, for me, now isn't the right time to invest. Aloha 🕊️
legendary
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January 07, 2024, 06:53:22 PM
#44
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.
I see no matter how we try to encourage people, in the end they will always stick to their own mindset. So the best option here is to wait for them when until they’re ready to invest. Because once they decide to invest, that means they have known already their investment well, and they have understood the risks already that comes along with their investment. And when the that time comes, at least they know for sure that bitcoin investment is not all about profits but losses as well, that’s why investing with caution is a must.

And once they start to experience losses consistently, they should know that there’s no one to blame for that but only their selves. Investing has no fixed outcome, so learn to invest at your own risk.
sr. member
Activity: 1736
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January 07, 2024, 05:46:05 PM
#43
Bitcoin ways are typically different from every other investment platforms.
  I think the ability of bitcoin to surprise or exceeds people expectations and predictions gives people the zeal to invest in it.

Bitcoin has the potential to create more funds so people would always want to partake in something beneficial.It requires time and much efforts put together,but it's worth going for.
hero member
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Leading Crypto Sports Betting & Casino Platform
January 07, 2024, 05:40:21 PM
#42
~Snip~
It is poverty that propels richness while richness propels investment. When you are poor you will have the eagerness to get a job and earn some money. When you are able to earn good money, you will be eager to invest the money. So, there's no special motivation for investment if not to have a big return of investment and be rich or live comfortably in life.

Early Bitcoin investors where not actually after the return of investment, rather they were after  building a new decentralized technology to beat the flawed traditional system that is in existence.
Although you are correct, but when I looked from another angle there are lots of people who are working making good money of their lives but has still refused to invest in bitcoin not because they don't have money or nor they are poor. Like said, most people aren't yet settled to or made up their minds to venture into bitcoin.

It can be said people who is poor doesn't think of investment or may not invest when the finance is not their, meanwhile there are people who understood the concept of bitcoin and knows where the future is driving to is ready to even invest with the least $5 to $10 from their little salary not because they are poor or they are rich but it's the knowledge of the technology made them took that drastic action without even undermining how much it could cost them or not.

So, poverty isn't the main problem here whenever a man is prepared to go into investment he surely does it without a any limitations or restrictions provided he has the picture of his feature then he will understand that his future will be filled Joy. Or, give someone who doesn't know the basics of bitcoin money, and asked him to go investment, he will tell you that leave about bitcoin let him think of another thing of his life not because the money is not there but he is yet to grasped the mental picture of bitcoin and if such person knows then he don't mind spending all the money over investing in bitcoin.
legendary
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January 07, 2024, 01:24:22 PM
#41
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.

You don't need to understand the market before you make your choice of investing in Bitcoin, what you need is knowledge of how Bitcoin operates, how to send and receive Bitcoin and how to secure your Bitcoin using a hardware wallet or a software wallets in an airgapped devices that are also non custodial. Those are the things that are important before making a decision to invest in Bitcoin. Your capital too (that's how much to invest) is an important decision you have to take and how you're going to invest in Bitcoin like a one time investment or DCA untill you have had enough stash is important as well.

If you're still looking for a reason to invest in Bitcoin then you don't need to be here because I don't understand how you'll see a gold mine in your front and still waiting for something to convince you to make the right decision that'll change your life financially. Aren't you seeing the adoptions that are happening right in front of us, what else are you waiting for again to trigger you to join the train before it takes off?

Quote
I envy every first timer Bitcoin buyer, cos I'm looking forward to being like them in no distance time.

If you don't have money to buy Bitcoin, just say it and do something about that by getting a job or using your skills to earn money because I'm still not understanding why you see others buying Bitcoin and don't want to feel the same way they do when they buy their first Bitcoin. With Bitcoin you don't need to work for money when you buy and wait for the maker to do it's magic by increasing your money from the profits you get from Bitcoin price appreciation in just few years of hodling.
legendary
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January 07, 2024, 10:54:42 AM
#40
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.
It is poverty that propels richness while richness propels investment. When you are poor you will have the eagerness to get a job and earn some money. When you are able to earn good money, you will be eager to invest the money. So, there's no special motivation for investment if not to have a big return of investment and be rich or live comfortably in life.

Early Bitcoin investors where not actually after the return of investment, rather they were after  building a new decentralized technology to beat the flawed traditional system that is in existence.
sr. member
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January 07, 2024, 09:47:16 AM
#39
I think positive news is the likely trigger for someone's zeal to invest, I mean the definition of zeal is close to blind worship or obedience right which means that when there's something good that's happening to bitcoin, the zeal or the hype behind bitcoin investment increases because a lot of people are positive about the possibility that it's going to eventually increase and make them get their money back because they've invested now and they're expecting the price to go up in the future. Another trigger that I think can happen is when someone wants to be financially stable and that they want to explore things that has a potential to make them a profit.
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January 07, 2024, 07:38:54 AM
#38
There are many things that trigger people to take the risk to invest in Bitcoin, and there is no way you will test the Bitcoin investment and you will not like to invest more to continue benefiting from Bitcoin investment. One thing that really trigger me to take the risk to invest huge amount of money on Bitcoin, because is very easy to carry out international transaction to any country of your choice and it will be successful for your goods or services to be deliver. Your money is very safe on Bitcoin investment, if only you can keep your personal details away from people around you because once they discover your details, they will have access to your Bitcoin in your wallet.
hero member
Activity: 1302
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Bitcoin Casino Est. 2013
January 07, 2024, 07:21:28 AM
#37
I think there's no time that's bad to invest in btc. What matters the most is; are you prepared to withstand the rollercoasters that accompanies Bitcoin investment. No hurry in life and perhaps I ain't no desperate about anything. One of my greatest achievements in life is this "forum", all I have dreamt of is gradually coming to reality. Nonetheless, my investment zeal is as well been triggered gradually. As a btc vendor, you must practice patience.

Practicing patience actually has to happen from an early age or before everyone is familiar with investing, because when everyone is familiar with investing. Patience is the final key that every investor must use when they have carried out their investment with sufficient enthusiasm, meaning that when investing they must have a patient and relaxed attitude in dealing with all their affairs independently. This forum already contains more knowledge, so it's not wrong if you continue to be here while investing because in my opinion it will also be more appropriate for you and everyone to explore new knowledge that is conveyed by many people from time to time.
legendary
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January 07, 2024, 07:17:12 AM
#36
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.
The problem with people nowadays is that they’re expecting something to gain and get rich in the process but they are not brave enough to take some risks. And probably if they take some risks, they expect immediate profits but end up losing and eventually get frustrated. That’s the reason why only few succeed, yet majority are failing and losing.

However, the good thing about bitcoin is that once you take the risk, you’ll surely be in profits once you patiently invest in long term. As long as you don’t get bothered by price fluctuations and market crash, then you will certainly reap good amount of profits. That concept motivates me more to invest for long term. But to be honest, hodling isn’t really a smooth one. Your faith and patience will definitely be put into test.
sr. member
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Eloncoin.org - Mars, here we come!
January 07, 2024, 06:59:16 AM
#35
For majority of Bitcoin investors, they are triggered to invest by the historical price of Bitcoin and how it had made people Billionaires. They wish they invested earlier and can’t do anything but at least invest in good faith. For me, I understand that I can’t go back in time to change what happened by investing in Bitcoin earlier, but at least I can invest now because I still believe that Bitcoin still has heights to climb. Imagine when we can use Bitcoin for payments without worry much on transaction fees… many more ATH to come.
sr. member
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January 07, 2024, 02:59:18 AM
#34


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.

I think there's no time that's bad to invest in btc. What matters the most is; are you prepared to withstand the rollercoasters that accompanies Bitcoin investment. No hurry in life and perhaps I ain't no desperate about anything. One of my greatest achievements in life is this "forum", all I have dreamt of is gradually coming to reality. Nonetheless, my investment zeal is as well been triggered gradually. As a btc vendor, you must practice patience.

Patience and delaying are two different things, and in this case you are delaying your investment which means you will buy later and you need to accept that you had a chance to buy BTC at 40K but you waited until it reaches 150K and buy bitcoin doesn't look an easy thing to accept for an individual. Smiley
sr. member
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January 06, 2024, 11:34:22 PM
#33
No zeal needed, long as you understand and you like bitcoin and the utility it provides, you're doing just fine. I think those bitcoin zealot are probably the ones that we should avoid when we're invested in bitcoin because they're blind and they don't any spine to criticize something about bitcoin, one example right now is the ordinals, they're probably the worse right now because these bitcoin zealots are the ones that's propagating this stuff which is a problem for every one of us that's just trying to do our transactions.
sr. member
Activity: 686
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January 06, 2024, 11:13:16 PM
#32
I think there is risk in investing not only in bitcoin but in all types of investment. Investments are made because an investor dreams big about his investment. If you want to start a super shop then you have to invest a lot of money in it and after investing you will have this tension in your head whether you will be successful with the amount of money you have invested or whether you will be able to pay your employees or how much profit you can have.

Accepting that there can be both profit and loss, investors invest. You can see the volatility of the market and we see this volatility constantly so because of this volatility we can gain money as well as we can lose money. Those who invest know the real reason for investing I am investing for something good and maybe your investment will get something good in future too. Since every investor expects to make a profit from his investment, he will only take the loss if he wants to make a profit. Profit and loss are both investments and you have to invest with this risk.
jr. member
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January 06, 2024, 10:54:42 PM
#31


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.

I think there's no time that's bad to invest in btc. What matters the most is; are you prepared to withstand the rollercoasters that accompanies Bitcoin investment. No hurry in life and perhaps I ain't no desperate about anything. One of my greatest achievements in life is this "forum", all I have dreamt of is gradually coming to reality. Nonetheless, my investment zeal is as well been triggered gradually. As a btc vendor, you must practice patience.
hero member
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January 06, 2024, 02:18:15 PM
#30
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.
legendary
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LE ☮︎ Halving es la purga
January 06, 2024, 02:01:12 PM
#29
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...
full member
Activity: 952
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January 06, 2024, 01:48:55 PM
#28
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.
full member
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January 06, 2024, 12:49:32 PM
#27
The core question here is; what triggers you to invest?...for myself, I haven't figured out any tangible reason why I should invest,
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.
hero member
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Top Crypto Casino
January 06, 2024, 12:00:17 PM
#26
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.
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.
sr. member
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Crypto Casino and Sportsbook
January 06, 2024, 11:50:26 AM
#25
What triggers the zeal to invest?
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?🤷
hero member
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January 06, 2024, 11:46:27 AM
#24
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.
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.

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.
sr. member
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January 06, 2024, 09:34:21 AM
#23
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.
sr. member
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Rollbit.com
January 06, 2024, 08:09:42 AM
#22
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.
sr. member
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January 06, 2024, 05:56:47 AM
#21
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.
full member
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January 06, 2024, 05:54:09 AM
#20
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.
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.
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.
full member
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Eloncoin.org - Mars, here we come!
January 06, 2024, 05:40:50 AM
#19
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
hero member
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January 06, 2024, 05:38:27 AM
#18
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.
hero member
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January 06, 2024, 05:28:59 AM
#17
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.
hero member
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January 06, 2024, 05:23:08 AM
#16
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.

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.
sr. member
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January 06, 2024, 04:44:40 AM
#15
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.

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.

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

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.
legendary
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January 06, 2024, 04:41:56 AM
#14
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.
legendary
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January 06, 2024, 04:28:56 AM
#13
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.
Risks have always been an integral part of human life. In financial life as well.

The core question here is; what triggers you to invest?...
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.

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.
There is no need to wait, but to act. Become like them.
legendary
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January 06, 2024, 04:00:52 AM
#12
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.
full member
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January 06, 2024, 03:55:53 AM
#11
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.
hero member
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January 06, 2024, 03:44:39 AM
#10
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.
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.
copper member
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January 06, 2024, 03:40:41 AM
#9
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.

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.
sr. member
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January 06, 2024, 03:29:11 AM
#8
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.
legendary
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January 06, 2024, 03:25:18 AM
#7
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.
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.
legendary
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January 06, 2024, 03:06:18 AM
#6
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. Wink
hero member
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January 06, 2024, 02:53:14 AM
#5
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.
hero member
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January 06, 2024, 01:41:09 AM
#4
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.
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.
sr. member
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January 06, 2024, 01:37:35 AM
#3
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.
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
jr. member
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January 06, 2024, 01:27:05 AM
#2
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.
jr. member
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January 06, 2024, 01:20:06 AM
#1
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.
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