Quote from: Derekfunds on Today at 05:10:42 PM

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Quote from: Princess Leah on Today at 07:28:02 AM

Taking risks can be a very terrible decision bit then taking calculated risks is more safer, now bitcoin investment is a calculated risk worth taking, it has a process and if followed accordingly would always yield profit in the future,
It's far better than investing on ponzi scheme or buying shitty coins that manipulated by their project owners.

Well, there's still time for anyone that's interested to buy and hold bitcoin it's never too late, although the prices have appreciated so well but it's not a problem since the new investors can DCA for a longer period and make lots of profits, if one can start holding bitcoin from now till like a decade or so then they won't even feel they missed investing when it was cheaper than now, the price of bitcoin would keep going higher, the signs are there so there's still lots of opportunities to make good profits with bitcoin.

This should only be considered to having possibilities of happening and nothing close to being certain to happen or guarantee and even if everything is done perfectly well and accordingly it doesn't still mean that it would always yield profits in the future yet I will still say that there is nothing wrong trying to do everything being followed accordingly by staying disciplined and focused through buying with your discretionary income and not selling too soon, I agree with you about Bitcoin being more on the increasing side with the increasing adoption but don't still know what will happen in the future.

That is why it would be extremely wrong to go all in on your Bitcoin investment because the future is not guaranteed, it is true that their is a higher probability of Bitcoin rising up to $1M or more but due to the fact that we live in a world full of uncertainty, going all in on your investment is dangerous because you might contemplate suicide if you invested what you can not afford to lose, but if you invest only what you can afford to lose, if your investment doesn't go as planned in the future, you would not be that shaken financially, but take note that no investment is risk free, including Bitcoin, it's as risky as every other investment out there, but the risk attached to it can be easily reduced to the bearest minimum if you can hold it for an extended period of time.

Going all In is wrong approach to Bitcoin investment and anyone who is going all in Bitcoin may have another motive which I believe is not or will not be favorable to the person. In Bitcoin investment we are advised to be investing with what will be convenient for us and hold it for a long period of time so that the changes won't affect our investment in any way because the market will always correct back after Dipping for some period of time and again I perceived all in as lack of Bitcoin knowledge if not why will someone go all in, in Bitcoin.

If by going all-In, meant saying if someone put all his money in bitcoin investment, then I think is totally a wrong approach and is not advisable. In bitcoin investment one shouldn’t empty his wallet or bank to invest,. Sometimes greeds comes to play in the mind of some investors and they fall into going all in hoping the higher they invest, the more higher the returns. There’s a likelihood and potential to make this higher returns, and there’s also a risk you might lose a reasonable portion of your investment too, knowing fully well that bitcoin is volatile in nature. All what you need to invest is your discretionary income, as a long term investor whose goal is focused on the long term consistent accumulation and hodl, you don’t need to empty your bank to accumulate bitcoin, you can use only your discretionary income to accumulate using the DCA method either weekly or monthly basis and gradually build up your portfolio over time, it’s better off that way instead of going all in with all your money, and I think most people who does that are only interested in making quick profit which is not a good investment strategy.