Post
Topic
Board Beginners & Help
Re: People are interesting talking more about their success stories.
by
Spaceman1000$
on 20/05/2024, 08:00:28 UTC
I see more of success stories of bitcoin, like how people invest bitcoin for their parents,  uncles,  and themselves to make fine profit. These stories are very interesting one and good to listen of what bitcoin has done for people but it makes me wonder if people don't have stories of failure about bitcoin. In the real life I see people who talk about their failed investment because of not having the right knowledge.  But here everyone talks about success stories and it makes me wonder if people are shy to talk about their failures, it can also help other people to learn. Learning is not just about from successful investment.
Ordinary in life people just want to tell stories that will make them stand out, so success stories are always mind-blowing and appealing to the audience. So investment in Bitcoin can be two ways is either you are a long time or a short time investor or you are a trader, for long term and short-term investors as far as bitcoin is concerned the progression has always been gradual, sometimes you invest a certain amount and after a long time or a short time the price reduces in value and it stays like that for a very long time some investors might want to sell or see it as a failed investment, but for a long time investor who understands the psychology of the market, he will see that as an opportunity to still wait and believe you me after a long wait, You will see the price appreciating again.

So but for people that trade, the market is always on a volatile stage, so you might want to record some losses as you navigate through the market and you still might record some gains.  for most traders, they will tell you that your profit and gain depends on the knowledge you have,  so nobody should tell you that they don't make losses, they do make losses but it depends on what you know and how you apply it.