Quote from: sotelorene on Today at 01:59:39 PM

Quote from: Stormisover on Today at 01:40:58 PM

Quote from: Jostern on Today at 08:08:04 AM

Quote from: Gost ms on Today at 04:32:03 AM

Quote from: Aanuoluwatofunmi on April 14, 2025, 07:09:44 PM

Quote from: Familian on April 14, 2025, 04:33:19 PM

Akin to the saying that excess of everything is bad,

Too much of everything is indeed bad and we must be able to maintain a boundary or let let me put it this way that a limit to everything we are doing, if we don't want to risk losing our investment fund for nothing, we must be careful of the steps we take, the way we trade or invest, the time management as well as the risk factors all inclusive on whatever decision we are taking regarding bitcoin investment, it does not end up in making the first step, but taking the right path in doing so.

The Bitcoin market is very volatile. You can never tell whether the price of Bitcoin will increase or decrease in 10 minutes. There is a big difference between investing and trading. Investing is long-term, such as for your future, and trading is short-term. The risk in short-term investing is much higher than in long-term investing. In long-term investing, you do not have to worry about small ups and downs in the market. In terms of investing, you must have the right song about your wallet. You must have the right knowledge of financial management. Along with investing, you must have an emergency fund. An emergency fund is needed to protect your investment from unexpected financial disasters.

In as much as we know that the Bitcoin can change Rapidly and it is unpredictable, we should also know that we should not expect the worse from it but for the better, That is why it is more advisable to focus on Long term investment instead of Trading, Because the risk factor in Long term investment is less, At every giving interval you should expect changes but never for the worse, I absolutely think that their is no reason to be scared of investing in Bitcoin in as much as we have a very good final plans set aside to manage our assets, As long as we continue to accumulate our Bitcoin and focus more on long term future plans, we definately going to reap the benefit in due time.

So I do not see any reason why we should not go full throttle on making Bitcoin Investment Long term. We should not also have boundries, limit whatsoever in our long term plans to hold.

It is quite pleasant that Bitcoin has shown or proven to be the best asset in the world now, but your over exaggeration can make someone think that Bitcoin is 100 percent risk free or guarantee to be successful, it is even a wise decision or perception for investors to balance their expectations in terms of Bitcoin over performing their expectations and also think in the direction of the worst that may may not happen, even in our long term plans to hold for the future benefits there is need to have boundaries and limits to avoid being overly exhausted in terms our expectations, our investment allocationand and general decision making so you don't become disappointed when things didn't work in your expectations.

It is really a misconception for someone to feel or think that Bitcoin investment is risk free and having this feeling can make one invest wrongly that is investing what they can not afford to let go and I think one of the reason we are ask or told to invest what we can afford to let go is because Bitcoin is not a get rich quick scheme and people who don't know about this will or may decide to invest with 20-40% of their income in Bitcoin and it is a wrong investment especially for someone that is not financially stable. However, the potential of Bitcoin shouldn't make one get over excited and forget to invest moderately because the consequences can be very annoying.

You can consider a simple example such as accumulate Bitcoin from your disposable income weekly and you expect to continue in it for the long term. accumulation Bitcoin in the DCA method should be considered an ideal investment and you should move forward with your goals. Bitcoin is a financial settlement for your future. Every investment has risks, but it is recommended for you to deposit Bitcoin from your discretionary income so that even if its value drops significantly, it will not have a negative impact on your real life. It may be that you should be extra careful and invest in a way that does not make you poor as a result of that investment.

Even if you are not financially stable if you have an extra $10 at the end of the week to meet your family's daily needs, you will still strive to buy Bitcoin because you are saving your financial success for the future. Your goal will be to try to get a decent Bitcoin portfolio and reach your goal by accumulation Bitcoin continuously for three cycles.