Post
Topic
Board Bitcoin Discussion
Re: Don't jump into bitcoin investment without understanding it.
by
Zaguru12
on 20/03/2025, 15:43:21 UTC
I came to understand that, many people jump into bitcoin investment, because they heard bitcoin investment is more profitable and less risky than trading, without knowing that as trading requires funds, and some techniques, bitcoin investment requires even more, bitcoin investment requires funds, patience, strategies, time, knowledge, understanding, emotion control and many more.

If you don't understand bitcoin you will panic and sell in looses. before investing in bitcoin it is very essential to take your time to understand the risks involved, underlying technology and market dynamics, by understanding this three factors you will invest in bitcoin without fear and panic, because fear and panic has hindered many investors from making good profits from bitcoin.


It is definitely way more less risky than trading and things like strategies, time, emotional control and the rest are way more or less attributed to trading majorly than even investing. You need little of this knowledge or skills to actually be a good investor. Investing into bitcoin doesn’t requires many strategies other than buying low and selling at profit, accumulating when there is a dip and you have extra liquidity to spare or simply DCA. It is in trading that technical strategies are even a must have not in investment.

I wouldn’t say bitcoin investment is not risky but in cryptocurrency space I think the safest bet is actually buying and holding bitcoin, going for a long term investment strategy or plan eliminates or minimize risk of loss which is unlike trading or holding other altcoins. As for managing panic and emotions investing what you can afford to lose will take care of that.

Aside this nothing much on holding bitcoin aside again security of your funds by storing them on cold  wallets