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Topic: whether investing in bitcoin many lose (Read 270 times)

legendary
Activity: 2268
Merit: 1655
To the Moon
March 04, 2023, 06:46:04 AM
#30
...but is investing in bitcoin really safe or not? and do many lose from investing in bitcoin or not? I want to hear from all of you...

There is no safe investment and this applies not only to bitcoins, but also to real business. Accordingly, when investing in bitcoin, you should be aware of the existing risks and be prepared to lose your money. Most often, newcomers lose their money by buying bitcoins at a high price and after the price of BTC decreases, they sell everything, thus fixing the loss.
jr. member
Activity: 103
Merit: 6
March 03, 2023, 10:34:46 PM
#29
I don't have much experience in crypto, and hopefully by joining this group I will get a lot of knowledge about crypto..
and i have little money and plan to buy bitcoin.
but is investing in bitcoin really safe or not? and do many lose from investing in bitcoin or not? I want to hear from all of you...

and what is a good application for buying and selling crypto, and is it safe?..............

Investing in itself is something that is very risky given the word on itself. Especially that you want to focus on investing in cryptocurrency, going blind without first learning its fundamentals and characteristics would definitely put you on the risk of losing your investment and resources.

Before you invest, I highly suggest that you browse through this forum if you have certain questions that you want to ask (that might have been answered already). There are also tons of information, videos, and books online that you can search. Use all the possible search engines to learn about investing so you could lower the risk of losing your money.

now I've read quite a lot in this forum and indeed the results are very satisfying, especially for me who is still a beginner,
and your explanation is very useful,
and now I'm going to lock this topic because I already understand enough.
hero member
Activity: 2268
Merit: 789
February 13, 2023, 12:00:59 PM
#28
I don't have much experience in crypto, and hopefully by joining this group I will get a lot of knowledge about crypto..
and i have little money and plan to buy bitcoin.
but is investing in bitcoin really safe or not? and do many lose from investing in bitcoin or not? I want to hear from all of you...

and what is a good application for buying and selling crypto, and is it safe?..............

Investing in itself is something that is very risky given the word on itself. Especially that you want to focus on investing in cryptocurrency, going blind without first learning its fundamentals and characteristics would definitely put you on the risk of losing your investment and resources.

Before you invest, I highly suggest that you browse through this forum if you have certain questions that you want to ask (that might have been answered already). There are also tons of information, videos, and books online that you can search. Use all the possible search engines to learn about investing so you could lower the risk of losing your money.
legendary
Activity: 1974
Merit: 1108
Free Free Palestine
February 13, 2023, 10:36:29 AM
#27
I don't have much experience in crypto, and hopefully by joining this group I will get a lot of knowledge about crypto..
Welcome to the forum, you have come to the right place, I am sure that if you study hard, the people on the forum can give you all you need to start your investment journey.

and i have little money and plan to buy bitcoin.
but is investing in bitcoin really safe or not?

Everything has risks, if you are not ready to take risks, do not rush to invest, but learn carefully before investing. Among all the investments, bitcoin is considered to be the riskiest, but also the most profitable.

and do many lose from investing in bitcoin or not? I want to hear from all of you...

Many people become rich through bitcoin but also many people lose money because of bitcoin. Remember that the financial market is like a battlefield, when there is a winner, there will be a loser, money from the weak hands to the strong hands, and who you want to be is up to you.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
February 13, 2023, 06:52:37 AM
#26
and i have little money and plan to buy bitcoin.
but is investing in bitcoin really safe or not?
Is investing in stocks safe or not? How you respond to that question should give you an idea of what you want to do with Bitcoin will boil down to. Nonetheless, l will let you know that everything investment comes with a huge risk.

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and what is a good application for buying and selling crypto, and is it safe?..............
Get on an exchange if you want to buy and sell. Binance will be your best plug at the moment.
hero member
Activity: 994
Merit: 744
February 13, 2023, 06:36:55 AM
#25
I don't have much experience in crypto, and hopefully by joining this group I will get a lot of knowledge about crypto..
You are in the right place to learn as much as you can about Bitcoin and other Cryptocurrencies, but it is a good idea to supplement your knowledge with personal research.


Quote
and i have little money and plan to buy bitcoin.
but is investing in bitcoin really safe or not? and do many lose from investing in bitcoin or not? I want to hear from all of you...

and what is a good application for buying and selling crypto, and is it safe?..............
There is risk in any type of business or investment, including Bitcoin and cryptocurrency.

Nobody can guarantee you a safe investment because Bitcoin is a digital asset with no stable value. However, people are much more comfortable trading and investing in Bitcoin because it is transparent and has a bright future ahead of it considering how it started back then. There is hope on Bitcoin being a safe investment but with the risk involved, it is advisable not to invest the amount you cannot afford to lose.
legendary
Activity: 2268
Merit: 1655
To the Moon
February 13, 2023, 06:06:33 AM
#24
...but is investing in bitcoin really safe or not? and do many lose from investing in bitcoin or not?....

There is no safe investment either in real life or in the cryptocurrency market. Moreover, you will have the highest chance of losing your money exactly when investing in crypto. But these risks will be lower when investing in bitcoin than when investing in altcoins.
full member
Activity: 560
Merit: 100
Eloncoin.org - Mars, here we come!
February 13, 2023, 02:00:59 AM
#23
Since you don't have a good knowledge of Bitcoin, I will have you to exercise a little patience in this forum and learn more about Bitcoin trading before trying to invest and buy Bitcoin, investing in Bitcoin is safe, but to an extent,

What I mean is that Bitcoin is safe when your coin is just stored in your wallet, but the risk comes when the value for Bitcoin drops or when you start trading, because trading in Bitcoin involves profit and losses, 100% profit is not guarantee so as the losses..
hero member
Activity: 826
Merit: 583
February 12, 2023, 10:36:47 PM
#22
I don't have much experience in crypto, and hopefully by joining this group I will get a lot of knowledge about crypto..
and i have little money and plan to buy bitcoin.
but is investing in bitcoin really safe or not? and do many lose from investing in bitcoin or not? I want to hear from all of you...

and what is a good application for buying and selling crypto, and is it safe?..............

safe or not, profit or loss all depends on you.
it will be safe if you use a device that is indeed safe. I mean you don't use an untrusted origin wallet. or you keep your Bitcoin in the exchange.
Profit or loss is also up to you to decide. Bitcoin is quite a risky investment if you don't have enough knowledge to invest in it. now you ask a good question. that's a start. and you should also know about the market and other instruments that might affect the price of Bitcoin. it will be better support for you before investing.
hero member
Activity: 644
Merit: 520
Leading Crypto Sports Betting & Casino Platform
February 12, 2023, 09:44:53 PM
#21
I don't have much experience in crypto, and hopefully by joining this group I will get a lot of knowledge about crypto..
and i have little money and plan to buy bitcoin.
but is investing in bitcoin really safe or not? and do many lose from investing in bitcoin or not? I want to hear from all of you...

and what is a good application for buying and selling crypto, and is it safe?..............
I guess i would say every investments has its own risk major and same applies to buying of bitcoin and any other cryptocurrency. Before you go into any crypto investments i would first advice you gather thoroughly all knowledge about the crypto space that has to do with bitcoin investment and the forum is just the right place for that. I came as a newbie just like you and didn't know much about bitcoin and the crypto world but the eager nature i had in me to learn, what was gave me so much knowledge about  bitcoin investment which i can boldly say it's lucrative means of growing your money. First you need to know that bitcoin is a volatile currency meaning your investment can go either ways @profit or loss, especially when you bought in a bull market then the price eventually drops drastically resulting to a depreciating capital. 
full member
Activity: 434
Merit: 141
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 12, 2023, 09:21:42 PM
#20
I don't have much experience in crypto, and hopefully by joining this group I will get a lot of knowledge about crypto..
It is a bitcoin talk forum, not a group. In cryptocurrency, when you start, you should start with Bitcoin. Learning should be began with Bitcoin first. After learning about most important cryptocurrency, you can learn about top altcoins, start with Ethereum and BNB.

Avoid tokens at beginning because they are more risky than Bitcoin and top altcoins with their own blockchains.

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and i have little money and plan to buy bitcoin.
Buying Bitcoin is easy but what you are planning to do after that?
Trade or Invest

If you plan to invest, you can apply dollar cost averaging DCA
https://dcabtc.com/

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but is investing in bitcoin really safe or not? and do many lose from investing in bitcoin or not? I want to hear from all of you...
Investors get profit, traders get losses in general.

But not all investors can gain profit. If you don't hold your bitcoin long enough, you will have more risk to get loss, not profit.

Bitcoin has 4 year cycle and you must hold your bitcoin more than 4 years to surely gain profit.
jr. member
Activity: 103
Merit: 6
February 12, 2023, 07:24:50 PM
#19
(.....)
I see,, thank you for answering it, I hope the insight you provide is useful for me, but have you ever experienced a loss?
Bitcoin price is unexpected, no one knows what will be the price of Bitcoin the future, it will either go down or go up. So loss, when you are buying or selling Bitcoin, is always there, you can't avoid losses.
There are some traders who are profitable and some who are not profitable. So, if you are planning to trade Bitcoin, you must learn the basics, technical analysis, or fundamental analysis. Learn first before you buy your Bitcoin even the basics. As what famous quote: "Don't invest in what you don't know".

now I quite understand but what is meant by fundamental analysis? because I just heard now from you? hope you can explain it to me?
hero member
Activity: 1050
Merit: 844
February 12, 2023, 03:36:09 AM
#18
I don't have much experience in crypto, and hopefully by joining this group I will get a lot of knowledge about crypto..
and i have little money and plan to buy bitcoin.
Your plan to buy Bitcoin with some money is actually very good at this time where the price of Bitcoin itself is still at a very affordable price and not too expensive. But what you need to understand here is that this is not a group, but rather a forum which has some rules and that must be understood by all users here. And regarding crypto knowledge, actually you can rely on several other sites too without having to always rely on this forum, because knowledge about crypto is very broad and has several paths that you have to choose yourself when you understand it.

Quote
but is investing in bitcoin really safe or not? and do many lose from investing in bitcoin or not? I want to hear from all of you...
Investing in Bitcoin in general is of course very safe as long as you use a secure wallet to store your own Bitcoins. And for those who have ever lost on Bitcoin, actually it's just about the patience of someone who is still immature and very often there is panic when they see bad news through the media so that he or some people prefer to sell Bitcoin at low prices. Even if he doesn't sell at a low price, of course he hasn't suffered a loss as long as he still holds his Bitcoin very safely.

Quote
and what is a good application for buying and selling crypto, and is it safe?..............
To buy and sell crypto, I don't think you need to use any application, because you and everyone only need to use certain exchanges that they have entrusted to buy and sell crypto. So you don't need to think about which application is suitable for buying and selling crypto because all trading takes place on the exchange, although several exchanges have developed applications for their respective users.
legendary
Activity: 2730
Merit: 7065
February 12, 2023, 03:02:55 AM
#17
I see,, thank you for answering it, I hope the insight you provide is useful for me, but have you ever experienced a loss?
Everyone has at some point. Some people here have owning bitcoin when it was only worth a few hundred or thousand dollars. It wasn't that long ago that it was just $4 or $5k. And look where it is now compared to that! However, many have also bought their first coins due to FOMO (fear of missing out) at $50k or $60k. Their portfolios don't look as healthy as they did back then. We often say that if you don't sell, you don't lose, and it's true. The times of BTC being at $60-70k can one day return and if you don't sell earlier, you don't lose anything.

Patience and strategy. If your world will fall apart because your BTC investment isn't going in the right direction, then you are doing it wrong. 
legendary
Activity: 2506
Merit: 1394
February 11, 2023, 08:48:24 PM
#16
(.....)
I see,, thank you for answering it, I hope the insight you provide is useful for me, but have you ever experienced a loss?
Bitcoin price is unexpected, no one knows what will be the price of Bitcoin the future, it will either go down or go up. So loss, when you are buying or selling Bitcoin, is always there, you can't avoid losses.
There are some traders who are profitable and some who are not profitable. So, if you are planning to trade Bitcoin, you must learn the basics, technical analysis, or fundamental analysis. Learn first before you buy your Bitcoin even the basics. As what famous quote: "Don't invest in what you don't know".
jr. member
Activity: 103
Merit: 6
February 11, 2023, 08:37:37 PM
#15
Please understand that Bitcoin is not a stable digital asset, it fluctuations in value every time, I believe that's an unsafe area for a newbie that doesn't how Bitcoin works, so it is better if you can invest only what you can afford to lose. The good side is it also appreciates, for example right now you can buy Bitcoin, because we are in a bear market, use DCA ( Dollar Cost Average ) and I can guarantee you that in the comings months, your invested money would have doubled or triple, it's a game of patience, how long you willing to keep DCAing and holding your Bitcoin, the best time to sell will come.


I see,, thank you for answering it, I hope the insight you provide is useful for me, but have you ever experienced a loss?
legendary
Activity: 3374
Merit: 1824
February 11, 2023, 08:52:07 AM
#14
Before you invest anything in crypto or bitcoin, I suggest that you first think about your priorities, goals, and get well informed and analyze the crypto market in detail.
It should be clear to you that every investment is always a risk, regardless of whether you invest in a new car, house, company shares, forex or crypto.
For this reason, always make a good market analysis, study all available information, and create a clear investment plan and exit strategy.
Otherwise, your investment will be a game of chance, which always ends very badly.
Don't rush and think carefully about everything.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
February 11, 2023, 08:32:42 AM
#13
It is one thing to have the capital to invest and another to have the discipline to devote your time into making research. The truth about digital assets is that no time is right or wrong to invest the concern should be how much can the investor afford to lose at every point. Investment in assets like Bitcoin involves devotion to doing research to know the exact price that is convenient to buy, sell or buy more depending if the goal is long or short term.
legendary
Activity: 2072
Merit: 4265
✿♥‿♥✿
February 11, 2023, 07:47:54 AM
#12
If I were you, I would think several times before investing my money once. Ask yourself, "How much time are you willing to invest?" In a short time, you are unlikely to be able to make a profit. Is this your last money? In the event of unforeseen circumstances, you may be forced to withdraw these deposits, and you will not always be in the black. It is important to think about all the points. Do you know how to save your seed phrase and passwords? Which wallet do you prefer to use? Is it owned by the exchange or not? There are many footrests that may come as a surprise to you.
You should never rush. We make a lot of mistakes in a hurry, but by allocating some time for studying, in the future you will be able to independently understand how much and at what time you can start investing.
sr. member
Activity: 378
Merit: 258
Lohamor Family
February 11, 2023, 05:32:47 AM
#11
I don't have much experience in crypto, and hopefully by joining this group I will get a lot of knowledge about crypto..
You don't need to invest yet,take your time and learn more on the area of your investment. You can make research on your own in google and the forum is here for you to learn from other members.

i have little money and plan to buy bitcoindon't.
but is investing in bitcoin really safe or not? and do many lose from investing in bitcoin or not?
In security aspect btc is the safest as long as you keep your coin in your custody where only you have access to it. The price of bitcoin is not stable because of some factors that due affect it, for instance,demand and supply.

and what is a good application for buying and selling crypto, and is it safe?..............
The best way you can invest to play safe without having a lost is to hold your btc for long and sell at the bull run after the halving. Only use money that you can afford to lose when investing to avoid panic,if the price drops below the amount you bought.
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