Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
adultcrypto
on 19/08/2025, 13:51:01 UTC
There are a lot of folks who continue to be skeptical and scared of bitcoin, which will likely be their loss, and there might not be any real easy way to either convince them and/or to get them to take action to protect their own finances, psychology and likely improve their future options.  Even people who we might try to help, they may start out buying bitcoin, but then screw it up and even put themselves into a worse position because they fail to adequately prepare themselves and to learn about bitcoin and/or to moderate their entrance into bitcoin.
Although many individuals are still afraid of Bitcoin because they don't understand how it works, their fear has stopped them from investing, which may be their loss because they missed the opportunity to build their wealth for the future. Even some people who choose to buy Bitcoin make mistakes, maybe they rush in without having what it takes or because they expect quick returns. Some people put themselves in a worse situation while investing, not because Bitcoin failed them, but because they failed to plan properly.

Furthermore, I believe that investing gradually and steadily is the right way, nobody should invest all of their money at once, instead start small, learn about Bitcoin gradually, and only invest what they can afford to lose, if you have patience and good mindset, you can increase your knowledge and your investment, instead of being afraid or rushing without knowledge, you can get confidence and protect yourself from unnecessary losses. The best way to succeed with Bitcoin is through learning and discipline.
You started your comment very well, stating that investing in bitcoin is not too risky when investment is done for a long term and when such investment is backed with proper planning. You further stated that those looking for quick profits are prone to incurring losses which is true. Unfortunately, along the line you derailed with the statement I highlighted above which I don't agree with. Nobody invest in bitcoin to lose the money and if we are to invest with the mindset that we will lose it someday, then it becomes the same thing as gambling and you don't except someone to gambling with a good proportion of his discretionary income.

I have the believe that bitcoin is not going to turn to zero anytime soon and that if I hold my bitcoin for a decade and above, I will not lose my money in the future so my investment is not with what I can afford to lose. I don't want to lose my money as I am investing a good portion of my discretionary income into bitcoin and I believe that in the future that will investment will help me live the life of my dreams.