Post
Topic
Board Nigeria (Naija)
Merits 2 from 1 user
Re: Things you need to know before investing in Bitcoin
by
Adams0001
on 18/08/2025, 16:25:02 UTC
⭐ Merited by igebotz (2)
You should always be careful. When investing in Bitcoin, you need three things.
1/ Money
2/ Patience
3/ Caution (Being Active)
You cannot invest without money. So whatever you do, try to keep some money aside for investment.

We always need funds to invest in bitcoin or any other business, because without it your investment will never be possible. But before we try to invest our money in bitcoin we need to understand everything About it and get more experience on how he goes,  because they are some people that they are rich but they usually failed when investing, they just need profit, but don't have knowledge about what they are trying to do. investing without thinking of losing because they usually believe that they are in wealth they won't care of losing.

But knowledge is power without it even you are patient for years, when you don't acquire the knowledge about what you are trying to invest you will always failed to succeed, since you didn't get the step to follow to achieve your goals on it. Some investors don't like to be active when they have invested already, they set a plan and target before checking there investment. Like in bitcoin we need to invest for the long term, so some people that invest in bitcoin will wait for the years they plan to sold there coin before checking there wallet. Because by checking how the bitcoin market is volatile you can probably change your mind to sold your coin when you haven't reach your target, because the price is dropping and thinking you will lose everything in the market.

If you invest without patience, you can lose your money. Suppose you have invested for 4 years. But after a year, your patience waned, and you sold your investment in hesitation, due to which you will fail in your investment. However, if you can invest patiently, you may be successful. Try to invest as long as possible, it will be more profitable if possible.


Patient is one of the key aspects that make many of investors achieve there goals, because without it you will always find it difficult to succeed on anything you plan to do. If you are not a patient type you will never achieve your dream on bitcoin investment, Bitcoin need patient if you want to be among to benefit users, that is why not everyone can invest in bitcoin or any other business that can bring you huge money. What some people don't really understand about gaining profit is that if you really need profit, just put that in mind that you need to face some challenges before you can reach your target. nothing is easy to access you need to fight for it and have the patience.

If you are not a risk-taker you can't handle patient because that is what will make you never givup not a motivation, because is just for some few time, but patient will always make you wait for your dream. If you can't invest for long term in bitcoin I don't sure if you can able to reach your goals, because is always unpredictable but the long term can change everything. since we always believe that bitcoin will definitely be increasing time to time no matter what, because is still functioning well and people are investing and trading with it. so definitely you will always reach your target if you put it in mind that you will be among the profitable ones in bitcoin investment.