Quote from: sotelorene on July 31, 2024, 08:11:05 AM

Quote from: laijsica on July 31, 2024, 06:26:26 AM

Quote from: I_Anime on July 30, 2024, 08:38:55 PM

Quote from: JayJuanGee on July 30, 2024, 07:43:40 PM

It is misleading to even use terms like "risk free" or guaranteed and/or words that imply that BTC profits are inevitable.

So even if the context of the statement describes bitcoin relative to other kinds of investments and/or relative to trading, it is still misleading when form members are posting in bitcoin threads like this and proclaiming bitcoin to be risk free or guaranteed.. .. They should be able to think about and choose better words so that they are not misleading in their comments about bitcoin.

Yeah, sometimes we can still let such comments slide, yet each of us should be trying to figure out how to not be exaggerating when we talk about bitcoin, even if bitcoin happens to be amongst the best of investments, if not the best investment... We have to be careful to not exaggerate so that we do not lose our credibility due to our own inabilities to express ourselves with a wee bit of nuance.

Yeah I fully agree with sir JJG, it actually sounds misleading. And you have literally mentioned this like countless time that there's no investment that's risk free (bitcoin included) and there's no guarantees that Bitcoin price will keep going up , so due to price fluctuations there are usually up and down movement in the market , so through one can actually make losses especially those with the short-term investment mindset, because most people think they can usually take market volatility to their advantage, with the use of short-term investments statics but at the end they may endup selling in loss.

Especially those that don't have good knowledge on how bitcoin works, but when comes to long-term Investment one have already reduce the chances of them selling in loss because when others are busy selling in losses an long-term Investors are busy buying the dip to increase their stashes. And for the guarantees part just as sir JJG usually Said there's none . But it doesn't mean that there's no chances of Bitcoin rising though, but we can only tell that Bitcoin is a token fill with massive potential.

The use of exaggerated word for investors can be really misleading such as "guaranteed investment" or "risk-free investment". The word "relatively risk-free" should be used in every threads and is also what most educated members advise when it comes to volatile assets. There may be some mistakes during over speed while writing the thread but it should be corrected later so that there is no chance of confusion. Prioritize the value proposition or potential in each thread. In mostly we should try to avoid exaggeration.

Keeping informed about the past history and cycle of Bitcoin's price as well as giving a positive impression when predicting the future price can be more motivating for investors and we are more careful in presenting the arguments here. Basically your advice about investing in Bitcoin should be such that you are not held responsible for unforeseen circumstances. But as a regular member I am more familiar with the words "should do" or "should be" from most threads and I myself try to be as careful as possible when using the word.

Well this issue has been delt with by JJG so it's pointless repeating it again rather we should focus more on using the strategy that suit us best to accumulate more Bitcoin and hold it for a long period of time in order to get a high percentage of it which is the reason why we are here. And the best way to keep our investment going even when we want to sell is not sell the whole... But rather selling a little of it will be great so as to keep your investment and also buying or DCAing to meet up with what has been taken off from the investment but most people don't know this, that is why they find it difficult sometimes to invest again after they have sold everything.

A new investor should not think of selling any of his bitcoin investment during his accumulation phase because if he has the mentality of selling some part of his bitcoin investment during his way up, it will deprive him from reaching his bitcoin target at the right time. It can also become a practice for him and that shows that he has become a trader instead of an investor. This is why he only needs to focus on buy buy buy and not sell sell sell to build up his bitcoin portfolio overtime.

This is why the proper plan and preparations should be put in place before starting your bitcoin investment journey so that you don't sell part of your bitcoin until you have more than enough of bitcoin in your possession. Using the right discretionary income to DCA regularly every week or month for 4-10 years and above, also setting up an emergency funds for 3-6 months, reserve funds, float and buying aggressively with DCA without overdoing it will safe you from selling your bitcoin investment when it is not your heart desire.