Post
Topic
Board Bitcoin Discussion
Re: People I think should stay away from bitcoin investment.
by
dunfida
on 29/04/2025, 19:23:18 UTC
In short, Bitcoin isn't for everybody. The problem is that there are so many people who jump right into it without doing a quick due diligence. Especially during a bull run when Bitcoin is all over the news highlighting its price increase, many start buying without understanding anything.

One thing you're missing, however, is the responsibility that accompanies a Bitcoin investment. To invest in Bitcoin is to be your own bank. That requires you to at least understand how keeping Bitcoin is properly done. If you don't want to spend time and effort understanding wallets and private keys and whatnot, Bitcoin is also not for you.

I see your point mate and i can possibly say that Bitcoin investments is not for everybody.And to think that some people actually thinks Bitcoin investment is just a form of saving money casually,that's a turnoff.Certain attributes to consider as a Bitcoin investor is that one n
emotional intelligence to keep you afloat with market trends,capitalization and volatility.

In the mean time there're so many inexperienced Investors and to some extent,I expect them to be scared to invest in Bitcoin in the first place because of the irregular markets standards and conditions it highlights.Maybe Bitcoin should run a tolerance test on intending and potential investors to access and reaccess risk tolerance goals.

You're right that bitcoin investing isn't for just anyone. It's not only about thinking it's cool, you gotta stay on track, know it can be risky and not get too emotional. a bunch of people think it's as simple as giving up in a little box but that can make them expect way too much. i totally get why new investors feel swamped, the market can be so up and down! Maybe having a simple quiz to check if they're okay with risk or some basic learning stuff first could help them avoid freaking out and losing money.

IMO, Bitcoin investment is for everyone especially if they would just learn how to use Bitcoin in good way and aim for long term investment. Whatactivity is not for everyone is trading since not all people can able to do this since market is volatile and people don't have good level of patience to deal with this.

That's why lots of people became a loser on trading since their expectation is so high and when they execute their trades those what they think sometimes didn't happen. That's why its better not to go on this option especially if they didn't have enough knowledge on how to trade their bought Bitcoins.
Investment with Bitcoin is for everybody but of course this isnt something that you can just that dive in without having that precaution about on the risks involved into it. The wrong thing about some people is that they've been that expecting up too much on which on the time that you will be making money will definitely be that giving out that kind of impression on which it will be leading up into that kind of unrealistic goals on which it do lead into mistakes and thats why you should be avoiding it out no matter what. Its important that you do really know on what you are dealing with and on what you should gonna do so that at the time that you've been hovering yourself into this market then you do already have the idea on how to deal up with it. Why would be staying away if you do know that there's chances that you can make profits? Somehow these kind of investment is into those people who are risks takers and if you are that someone cant be able to handle volatility then its better to turn your back on.

Trading is indeed not for everybody on which these are for those who are that wanting to have that short term approach and wanting to have profits in a short duration on which you do need up that specific skills and ability to play up with market volatility on which we know that not all will be capable on doing so. This is why you do have that kind of option that you can simply just that hold and wait up for the price to climb up. Usually most people do find this option or stick into this one because market volatility isnt something that you can be able to hold on a short time period.