Post
Topic
Board Bitcoin Discussion
Re: Must you lose before you gain in Bitcoin investment?
by
Asuspawer09
on 21/02/2024, 13:39:03 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?

It's probably the other way around because the more people are getting greedy that is most likely the better time where you could sell your investment for a possible profit, On the other way around when the market is down is a good opportunity to invest since the market is on slow market price and prices are definitely discounted.

Nothing is going to be guaranteed in this market especially it is cryptocurrency probably one of the riskiest investments that you could make if you are going to compare it to stocks and real estate. The more you know or learn about the market the less likely you're going to lose some of your investment for sure, it is a risky market but there are some ways where you could avoid losing your funds if you have a good strategy, Consider Dollar Cost Averaging as long as you are going to buy monthly or weekly and just sell your Bitcoin in the Bullrun it is going to be a profit. But it is definitely not guaranteed to earn a profit in the market, we dont know if Bitcoin could not exist anymore after 5 years if something comes up.