Quote from: TypoTonic on Today at 12:42:25 AM

Quote from: tabas on August 23, 2025, 11:45:51 PM

I've seen investors who have that YOLO mentality, everything that they have invested on Bitcoin.

Because of this volatility, some people are trying to go for a high-risk, high-reward strategy and goes all in when investing in Bitcoin thinking that they would make money quick. But in reality, if you don't have the right knowledge and experience, it usually ends up in them losing their money instead. Just as the saying goes: "Do not put all of your eggs in one basket". It's important to diversify your assets in order to minimize risk and potentially provide more consistent returns in the long run.

It is the truth with investing in Bitcoin, it doesn't grow quickly unless you've got a year, just like for someone who entered the market last year prior to the halving and then held up to this point. So, a year is quite long already for them but that is essential to be done to have at least a year in the market to see how profitable it is investing in BTC.

Quote from: Porfirii on Today at 11:52:43 AM

Quote from: tabas on August 23, 2025, 11:45:51 PM

I've seen investors who have that YOLO mentality, everything that they have invested on Bitcoin. In our perspective, there is nothing wrong with that ,as we're all Bitcoin enthusiasts. But on his personal view, he has to know if that will be a good positioning and without having to think of any financial trouble if something happens to them. That's why investing with your discretionary income or spare money, makes you move from both worlds of Bitcoin and real life to be responsible without having problematic of bills and any other obligations that you might stumble upon with.

We all know cases of people who sold their house for Bitcoin and lived in a tent, suffering during the bear market but convinced about their decision, to eventually see the price rise again and become rich. But most of us cannot and shouldn't act that way.

When the price starts to fall, and you invested the money you can't afford to lose, it is unavoidable to start thinking what will happen if the price never goes up again. If you invested your discretionary income, it is still a loss, but you can forget about it as if you'd spent it normally.

Those are the real people that have full trust and faith to Bitcoin. And yes, we can't do the same risk that they did and if they're in a great profit now, they deserve it because they have invested on it with full capacity and risk. Having it said buying with that kind of income and the bear market comes, you'd be in losses but that shouldn't stop there because the market will recover still no matter what happens.