Post
Topic
Board Bitcoin Discussion
Re: Must you lose before you gain in Bitcoin investment?
by
NicNacCoin
on 13/02/2024, 16:00:48 UTC
Questions like this has popped out in several occasions and arguments concerning Bitcoin investment. My friends will say you must lose before you gain or rather have more experience investing in Bitcoin. If its how it work, Bitcoin isn't for a low income earner as well as not gonna make you rich when you can't invest something tangible to it. On the other hand people are been made big and wealthy in same program. What does it in tell, cos am quite sure people had already known what's going to happen in the market in the nearest future to give them the strong mindset to invest porously. My biggest fear is losing my hard earn to something as volatile, vulnerable and uncertain as btc. What's the possibility you invest without losing. Is it guaranteed in this kinda market?
Investing without losing is possible but you must have experience and strategy about bitcoin investing. If a person does not know the Bitcoin investment strategy then he can definitely lose. First you need to know about the volatility of the market If you understand about the volatility of the market then surely you can invest profit and also where you hold the investment must be safe. If a person buys and holds bitcoins at a very low price then I think that person can make a profit on the investment without losing, for example someone who bought bitcoins at $15,000 but suffered no losses has always been in profit. So always buy from deep market for investment if not possible better to invest using DCA method.