Having a strategy and not rushing into things is important. I'm always thinking about the future, and I don't believe in investing just for quick profits, especially with Bitcoin. I like that many people here focus on long-term goals. One reason I don't invest a large sum all at once is because it's better to start early when you have the money and not wait for the huge capital to be there. If I try to save up a big amount to invest later, I might end up spending it on something else. So, I prefer to invest $100 from each paycheck, spreading it out over 3-12 months. This way, I can accumulate more Bitcoin over time.
Well that's right guys, maybe there are some players who come without having any strategy and they might just see what other people have managed to get (big profits), I think that can really encourage them to enter this investment world, especially in bitcoin. But well I say maybe they will just throw money away if they come without bringing any fishing gear, I mean it's pretty stupid if you come with strong determination but not based on knowledge, while any risk can really happen to them (big losses).
I feel pity for anyone that jump into the Bitcoin market without a plan, you'll likely run into problems quickly. It's not a good idea to start investing in Bitcoin without knowing a lot about it and figuring out a strategy that suits you. Investing in Bitcoin isn't like being john wick you're not invincible. If you make bad choices and don't have a good investment plan, you'll end up losing your money bit by bit, and before you know it, you could lose everything.
Well, it's a concern, but we can't really give them direction because they might not accept it at all and they might say that it's their money so it's up to them. That might come out of their mouths. And well starting an investment without any planning I would say they are very brave for a stupid or careless decision, as you said they will run into problems quickly and indeed this is the beginning of the problem. It's like making trouble for yourself because you are too desperate with a good goal (profit) but the wrong way (without knowledge).
Well obviously it's not a good action if you come only focused on one word "profit" and without doing or reading all the books in the library related to bitcoin to understand all the positives and negatives that are there. Good planning is very necessary, you want to make a profit? that means you have to create various plans to avoid losses there so that your calculations match what has been targeted before. Yes that's right guys, no matter how strong you are in the real world it does not mean you are invincible or will never lose in investing, this is a serious matter of how good your planning is. And yes the point is as we discussed this, if you want to profit it means your planning must be good, study seriously, do market research, create your best strategy based on your market research experience there, prepare a strong mentality and use money that is supposed to be for future needs and now you already know where to develop money like a hill, namely in bitcoin.