Post
Topic
Board Bitcoin Discussion
Re: What triggers the zeal to invest?
by
Odohu
on 06/01/2024, 06:41:09 UTC
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 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.