Ninjastic
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Board Speculation
Re: Buy Bitcoin, and HODL!
by
Frankolala
on 21/06/2024, 22:51:23 UTC
Quote from: GeorgeJohn on Today at 09:58:58 PM
Quote from: Dunamisx on Today at 05:15:24 PM
Quote from: Kliss on Today at 04:49:16 PM
Trading can be tempting with the promise of quick gains but the volatile nature of bitcoin often leads to significant losses for many investors.

It is not that we are not expected to have raised expectations over making profits from bitcoin, but we only have to know the certain conditions involved in making bitcoin investment and we wont be disappointed with our investment.

You're right that some make losses and it can still be said that many are making profits also in bitcoin, it is expected of every investor to measures on what they can afford to loose, also, we cannot take bitcoin for a get rich quick scheme like the way other investments and ponzi appears, there are procedures and requirements need to go through in knowing the expected decision we must take before investing in bitcoin.
there is question that I want to ask why is it that we always emphasize on making a profit in Bitcoin investment but we don't like to discuss of losing for bitcoin investment, I want to use this opportunity to inform us that let us know to be a curious always for profiting in Bitcoin we should think about the disadvantages of it not always the advantage because I've seen that in this thread everybody always emphasize for accumulation of Bitcoin and they also a profit making in Bitcoin we should they realize that without someone losing in Bitcoin we will not make a profit and existence of Bitcoin works through profit making and also experiencing a lot and that is why the price of Bitcoin always want to be in a constant in the market.
Yea, there is no investment that is not risky and this is why one needs to understand the in and out of that investment in order for you to take proper caution on how to prevent running at loss. This is why this thread is always helpful to new beginners who want to start their bitcoin investment to guide and direct them on how to go about it so that they can limit the risk of running at loss. You are an old member in this forum and you have the experience that if you only buy bitcoin and hodli over time  you will not run at loss.

This is why newbies are always encouraged to invest in a long term and hodli. DCA helps those new beginners to be able to accumulate more bitcoin if they do it constantly every week or month, so that they can grow their invest since they are late to bitcoin. Losses is for short term and that is why it is like gambling because the price of bitcoin in short term is not favorable.