Post
Topic
Board Bitcoin Discussion
Re: Don't jump into bitcoin investment without understanding it.
by
Rockstarguy
on 23/03/2025, 22:52:01 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.
Many will say they prefer investing bitcoin than trading bitcoin because investing bitcoin is not as risky as when you trade, yes it is true. Going into investing of bitcoin if uou don't understand the principles and not ready to hodl bitcoin,  it is possible thag you will be getting nothing from your investment by the  end of the day. Investing bitcoin is all about patience, discipline and if you are not discipline to hold to your decision it is possible to go contrary.

Bitcoin investment you may not have anything to do with knowing market analysis and others   but once your patience is not good enough to hodl and not discipline enough to force yourself to hodl, then one will always struggle trying to invest bitcoin.