Quote from: sotelorene on Today at 02:48:58 AM

Quote from: George Edward on March 09, 2025, 10:52:16 PM

Quote from: bitcoin_mining on March 09, 2025, 08:46:24 AM

Some novice investors think that if they invest a small amount of money in Bitcoin, they can make a lot of money from that investment within a few days. People who come into investment with such ideas most of the time do not stick with the investment and in a short period of time they get too excited. And in excitement they sell their investment with a relatively small amount of loss and they don't want to believe that the investment yields a good amount of profit.

Some investors confuse trading and investing. That is, investors start investing for the purpose of investing, but when they see some amount of profit after investing, they immediately sell their investments, and there is a class of investors who cannot accept temporary losses and even at that time they get excited and sell their investments. The real purpose of investment is not all this, before investing, the investor must be patient enough and also have enough confidence in his investment. Market changes every moment, changes are not only positive changes but also negative changes. If after investing we cannot accept these temporary positive or negative changes in the market then we will never reach our goal.

Investors who are serious about investing should know about investing and then proceed towards investing. I've heard of some investors who are so serious about their investments that they keep a separate fund to invest in Bitcoin consistently. The advantage of having separate funds is that if an investor ever misses a series of investments or after a financial crisis, the investor can maintain a series of investments from his emergency fund. Before we invest we should be so serious about our investment then we will be successful in our investment.
term.

what it takes to be an investor is to be ready for losses if a novice investor thinks that by investing little amount of money to get profit and later sell , that investor might just think that the market is an ordinary up and down that he or she can place his investment in but in doing that you are only making a great mistake and risk that you will definitely regret .the ideal of separate fund is to be well assure That no matter the risk you can still invest but most times a novice do not have a separate fund . So after a big loss what will the novice investor do . Grin

Loss is inevitable no doubt but since we are investing with what we can afford to let go that is a money we can spare and then if we are holding for a long time which will be profitable, then we should not give a shit about loss because loss is most likely to happen to people who are trading Bitcoin just like you said buying and selling because of little profit. Why still making use of this word " separate fund' the only word we are conversant with here are discretionary, reserve, back up, emergency and floating funds and I don't actually know where to place or categorize this separate fund whether it is discretionary or not, well it is good to use the right word so that you don't confuse people and yourself.

On investing on Bitcoin I think that investing the amount we can afford to let go doesn't make sense at all. Since our target is to earn and be in good situation especially that we are dealing with Bitcoin for long term. If we think about that way then maybe we might gonna messed up our investment since we might think that its ok to experience failure on what we are doing. That's why its important to set up some emergency funds in this situation so that we have funds to cover us up when everything messed around like if there's unforeseen or emergency situation happened.

Better they should not confuse their selves and learn what is the real use of emergency funds and reserve funds so that they can allocate their money well according to its purpose.