Quote from: Regardme on Today at 12:51:34 PM

Quote from: Derekfunds on Today at 11:00:49 AM

Quote from: Cgrexp on Today at 06:17:50 AM

Quote from: Nheer on August 04, 2025, 05:13:20 PM

Quote from: Cgrexp on August 04, 2025, 02:44:31 PM

Many people delay making decisions due to fear of market fluctuations. But if someone starts investing in small amounts regularly with patience, their experience will gradually increase and at the same time, opportunities will be available to them. Those who are still in doubt should invest even in small amounts and also understand the basic things about Bitcoin and Blockchain. Because the more they know, the more courage they will have to make investment decisions. First, they will start investing in small amounts without making big decisions, which will reduce fear and build confidence. Bitcoin is a long-term journey. To succeed here, you need to keep knowledge, patience and regularity as your strength. So, it is not too late, if you have a very small amount of money left after excluding the necessary expenses, such as $ 10, it is better to start investing. This small step can bring them something big in the future.

Honestly, I get why people fear investing in Bitcoin it's mostly because they don't take the time to really understand it. Fear of market flunctuations is natural, especially for newcomers but the thing is most people are more motivated by the potential profits, the hunger for profit overshadows their interest to learn about the investment. They think throwing money in is enough but that's just the tip of the iceberg. To truly succeed you need to be all in putting in the work, be disciplined, resilient, and having a solid plan just to mention a few. When you combine all these elements, you're more likely to come out on top with long term holding mindset.

I agree with you that investing requires not only money, but also mental preparation, discipline and knowledge. The market will fluctuate. But an investor who invests with preparation and planning takes these fluctuations as an opportunity to learn and profit. Regularity is the greatest virtue of investing. Regular investment brings strong results in the long run. With patience and consistency, you can reach your goal even if you start with $10.

Yes money and understanding are the main principal things in Bitcoin because for you to invest you must have money which is a source of income and for you to invest that money in Bitcoin you need to have an understanding of how it works and how to go about it. Over the time I realized the problem most persons have in Bitcoin investment is lack of faith, some don't believe Bitcoin has come to stay and this kind of mindset or believe can affect the way one observe and invest in Bitcoin, some people believe in Bitcoin but they are not consistent with their accumulation, if only we can picture or see what Bitcoin holds in the future we wouldn't joke with our investment.

You’re right about money and understanding being the key to bitcoin investment, but you also need to understand that having a discretionary income is essential as it will help you keep up with accumulation of Bitcoin. Having money and having money for investment is two different things, you can have money which might not be enough for investing in bitcoin. Talking about understanding, I think one of the things to understand is that discretionary income should be considered when investing in Bitcoin at all time.

I think Faith isn’t a prerequisite for investing in bitcoin because emphasizing bitcoin potentials without acknowledging its risk factors portrays an incomplete picture. Bitcoin price swings can be brutal, the risks are high like volatility and regulatory changes, so we’re always advised to invest only money that we can afford to lose and that’s the more reason why considering having discretionary income is essential. This comes after all your essential needs and bills are being paid for, then you can invest with what’s left in your discretionary income. You just need to align with your financial goals and risk tolerance, then have confidence in Bitcoin potentials.

There cannot be any successful long-term bitcoin investment and holding without a suitable discretionary income and this basically comes from having a stable source of income where you earn regularly by weekly or monthly. This will allow you to take care of your responsibilities and plan what you have no matter how small it is. A person can be a large income earner with little or no discretionary income while another person can also be an average or low income Earner with average amount of Discretionary income. This is because everyone has different level of responsibilities which until they're all sorted, there's no discretionary income for you and this comes at intervals.

Faith is not an investment strategy at the first instance because faith neither invests nor holds, it is your personal understanding based on conviction and trials that would let you hold your bitcoin for long or rightly. Sometimes we focus more on assumptions and forget the major work of investing. Too much focus on faith mostly cause bitcoin gambling by selling and believing to by back cheaper.

Quote from: Kelward on Today at 04:03:05 PM

Quote from: Sim_card on Today at 03:32:21 PM

Quote from: Kelward on Today at 02:03:49 PM

We cannot say that trading Bitcoin is not an option that it's a trap, I think that ideology is misleading, what we can say is that trading Bitcoin on the short term is not for everybody because it is volatile therefore risky. There are professional traders that are making profit on the short term, trading is something that requires learning the skills to be profitable and minimize loses. It should be noted that if you don't diligently learn the technicalities and fundamental analysis of trading before engaging in it you're just gambling your funds which is very risky.

On the other hand investing in Bitcoin for the long term will make you to be profitable because it has the potentials to always reach ATH. Long term Bitcoin holders are not bothered about short term dump and pump, it doesn't stop them from buying and continue buying because if it dip it will recover and rally. On the long term you will get ROI on your capital that is why it is safer than trading.

Are you hyping trading or what because it's a path to losses. Newbies should not think of trading, it is a wrong path to follow if you want to pile up wealth for your future through bitcoin investment. Only think of long term holding and build your portfolio gradually based on whenever your discretionary income is available.

The reason why long-term investment is the best is because you wouldn't have unexpected losses and save the value of your funds from depreciation, because bitcoin is a store of value in the long run. When you involve in trading, you limit yourself the chances of using your discretionary wisely to invest in bitcoin for a better future. Unexpected losses will be the order of the day and will be left with little bitcoin in future because traders run at loss in the long run.

If you read my post very well you will understand that I never encouraged newbies to trade and in the last sentence of my post I emphasized that investment is safer than trading. I also made emphasis in the first paragraph of my post that trading is not for everybody, it means that if you don't know how to trade that is when it'll be a trap for you, I never hyped it. I know a few traders that are successful who makes far more profits than loses and that is why I don't think that trading is a trap for everybody.

I cannot advice or encourage any newbie that wants to make profit in Bitcoin to start with trading because it is very risky and it's not something that people should rush into. Why many people fail in trading is because they think that it's easy and a get rich quick scheme, they get in with lack of experience and knowledge. They're in a hurry to make profits and in seconds they can lose all their trading funds. Bitcoin investment is far better than trading anyday but I wouldn't condemn trading because I know traders that are making good profit on the short term. Clearly I'm not giving a trading advice.

The truth is that there are many posts in this forum and this thread of which anyone who wishes to be informed would get the right information likewise anyone who wants to play around. Newbies in this forum may not actually be newbies in bitcoin investment because I strongly believe that most people have learned about bitcoin and may have acquired some bitcoin before learning about this forum. Most of them who are already into bitcoin investment before now must have tested either Bitcoin Trading or Bitcoin investment (Holding) and could possibly act by their experiences.

All we try to achieve here is bringing a near common agreement as to what anyone ought not to do if he doesn't wish for losses. Whichever way, there are people that would never stop Trading bitcoin no matter the losses they encounter instead they quit bitcoin investment completely. However, if anyone should read carefully through the posts, he would understand that bitcoin investment is still the leading force of hope. Holding allows you make the best out of every single bitcoin you acquire with time and reduces the risk of leaving bitcoin investment completely due to losses. Every bitcoin investor wants to make gains, but attaching greed causes most of the losses in bitcoin.