Quote from: synchronym on Today at 11:56:32 AM

Investing in the wrong place will destroy you be it Bitcoin or any other place of trading. But in the case of bitcoin investment you must acquire enough knowledge about the bitcoin market. If you do not have enough knowledge about the bitcoin market then you cannot invest well. When it comes to Bitcoin investment you need to have a long term plan. If you can invest by checking the market with a long plan then surely you can get success in this investment because many people's fortunes have changed through Bitcoin. When it comes to Bitcoin investment, many times we are in a hurry, if we invest patiently without haste, we hope to get the proper return on investment. Sometimes many big investors lose patience, so patience is very important. Patience should not be lost. If you invest for long term with patience, you will definitely get proper success in that investment.

there is something different about what OP meant and what you said. you can read the OP related to Bitcoin trading and you are more focused on Bitcoin investment.
what you said is not wrong, but it may not fit the context intended by the OP.

Quote from: casey15 on May 03, 2024, 12:54:04 PM

Do not also invest your life savings into bitcoin trading. this will hinder your trading capabilities as you will be trading with emotions and fear of losing your money. Trading is best done without emotions attached this will allow you make decisions better.

This mistake usually occurs when a beginner finally wants to start trading out of interest in the achievements of friends or other people they see. Because you feel you have savings, you can use the money to start trading. Most beginners can't separate savings from money that won't be used for anything. So those who want to learn trading may have to study financial management first.