That`s right is better to learn with real money than demo account when it comes to trading , but make sure the money you are using is something you can afford to lose. Most people believe after using demo account to learn all they need to become successful in trading they are good to go, but they always forget one thing that there`s a big different when real money is on the line , that`s where emotions management usually comes out . Because is one of the most common challenge traders do face , not being able to manage your emotions, but when you take your time and learn with real money you will be able to  handle somethings easily while trading.

But still either you a trader or an investor aslong you are in this space it is always advisable to have some nice bitcoin stashes in your portfolio in order to partake in this wonderful adventure in bitcoin investment. 

I doubt that I am blaming early bitcoiners for selling, since we can make investment choices and even selling choices, and then we have to live with the consequences of our actions, and surely some folks learn from their experiences better than others.  And, whether someone considers it to be a mistake to sell too much too soon, and yeah the way I am describing it is as a mistake because a lot of people do not realize that they are selling too much too soon until later, and sometimes they make the same mistake over and over and over.  Other folks learn techniques in which they might still be able to sell, but not to sell too much and not to sell too soon.

There are also folks who spent 1- 2 cycles mostly accumulating BTC before selling any... so yeah, some folks recognize the value of what they have earlier than others.

And, yeah, knowledge about bitcoin has changed over the years, but people are still making the same and similar mistakes including NOT recognizing the value of bitcoin, which seems to be part of the explanation why we have so many no coiners and low coiners.  It could well be that somewhere close to 99% of there world's population is comprised of low coiner and no coiners, and no one is going to buy bitcoin for them, they have to figure it out for themselves and take action...otherwise they will remain low coiners or no coiners.


I doubt that we can avoid mistakes.  We have to do the best we can with the information that we have, and sometimes we are going to make mistakes because we might not sufficiently figure out how to tailor our approach to our own circumstances, and so we likely will have to tweak our approach from time to time, since our information might change and also our circumstances might change and we have to make choices about how to balance out our approach to attempt to best account for those changes in information and/or circumstances.

I may be wrong from the general stats but within as I have seen, i see investors who are already beginning to get carried away by the current price value of their Bitcoin compared to how much they had bought, seeing the profits on top creates this urge for them to sell. I speak with some few persons who have been with, and what they say is holding Bitcoin for that long doesn't guarantee them to get huge profits as merely holding little portions and also going through the long DIP is not likely what they would prefer, so they choose to rather sell as soon they get a bit of profits.

Lets just accept the fact that the most common reason on why people do invest with Bitcoin or crypto as general is into its money making opportunity and this is indeed what most people been thinking

Lets just accept the fact that the most common reason on why people do invest with Bitcoin or crypto as general is into its money making opportunity and this is indeed what most people been thinking
and on the moment that if its your first time and you are seeing on social media with those big profits and money that they do gain up, then it would really be molding up this kind of delusion
and belief that you could really be also to do such thing easily.On the time or moment that you will be able experience for yourself on how this market works or behaves then you would really be ending up
on having those realizations that it wasnt that easy or simply you do make out those kind of learnings on a hard way or simply you had faced up loses on which this is where people do usually end up.

This market is really that a roller coaster like kind of ride on which there's no way that you could really be able to predict on where it would be going or heading. Somehow
it would really be that not able to avoid not to assume that 100k could be reached up if we do really tend to base up with those things that happened in the previous cycle.

Of course, to invest, you need sufficient knowledge because if you lack knowledge, the investment you make may lead to more losses. Of course, everyone doesn't want to experience losses, so if you really want to invest, you must have sufficient and good knowledge first. I myself am looking for learning. Just from this thread I think I can take some lessons from the many comments there are. Even though we may occasionally have to be brave enough to take risks, if there is a lesson that can be understood to minimize the risk then it is better to learn it, after all it won't result in a loss either.

Restraining myself is not an easy thing, I still can't control my patience very well, I'm still preparing myself to be more ready to do everything.

People choose trade and end up with lose basically because they lack the skills and knowledge when it comes to trading field. For example, an investor will always go for investment meanwhile traders will go for trading so all this doesn’t matter. The only problem I get with traders or rather newly traders with zero strategy is they always want quick profit without learning first and most times they feel trading is easy compared with investing but that’s a lie, there’s this saying “what you know best will always speak for you “ meaning everyone should have the basic knowledge first before going deeply for example; bitcoin investment is program as a long term investment whereby an investor is expected to buy and hold secondly emergency funds is also needed more like a back up fund, etc. After reading different comments I think I understand, maintaining discussion is hard most times mostly when the discussion is not about trade rather holding so it’s best we try not to go off as there’s a board for trade and different kinds of discussions.

I disagree with your statement partly because long term investing is not risk free. Investing in Bitcoin or other coins certainly involves risk. If you are a professional investor then you are used to taking risks as the price of any currency is not always the same and fluctuates constantly. This is the picture we see in the cryptocurrency market.
However, although the investment involves risk, the level of risk in Bitcoin investment is relatively low. The risk level of Bitcoin investment is low because investors buy and hold the currency for a long period of time by buying and accumulating small amounts in what we call the Dollar Cost Averaging method. If you want to earn substantial profits, investing in this method requires you to plan to hold the investment for a long period of time.

You are absolutely right, the best way to go about Bitcoin is to buy and hold for long term maybe using the DCA method or any other method one think is okay and I want to believe that everyone knows this so whoever that think trading or gambling is best then they should go ahead  but they shouldn't come to panic or say any discouraging words after incurring some loses though there are a lot of people who are into trading and gambling which I can't tell if they are actually making good profit but I still wonder why people still trade Bitcoin even when the know that Bitcoin is not like shitcoin and alt which easily drop heavily and also skyrocket within an interval of time.

That's it jayjuangee, you know some people don't actually realize that Bitcoin should be a store of value that's why they are blindly selling or trading their Bitcoins but anyone who is concerned about the future of Bitcoin will find need to accumulate and HODL till they have gotten a huge portfolio then they can decide to sell part of their hodling depending on how much stash they have got and the price level at that period of time when they must have made significant profits in their investments. It's not as though we should HODL forever but we should have a broad understanding that Bitcoin is an asset that tends to increase more in value when we hodl than trade or sell. Every Bitcoin investor has a target of how much they want to accumulate for long term profits so when they approach their desired investment goal, selling part of their Bitcoin will not be an issue anymore but for a beginner, all he needs do is to buy and HODL and never should trade his Bitcoins till he must have made huge accumulations in the future.

That's it jayjuangee, you know some people don't actually realize that Bitcoin should be a store of value that's why they are blindly selling or trading their Bitcoins but anyone who is concerned about the future of Bitcoin will find need to accumulate and HODL till they have gotten a huge portfolio then they can decide to sell part of their hodling depending on how much stash they have got and the price level at that period of time when they must have made significant profits in their investments. It's not as though we should HODL forever but we should have a broad understanding that Bitcoin is an asset that tends to increase more in value when we hodl than trade or sell. Every Bitcoin investor has a target of how much they want to accumulate for long term profits so when they approach their desired investment goal, selling part of their Bitcoin will not be an issue anymore but for a beginner, all he needs do is to buy and HODL and never should trade his Bitcoins till he must have made huge accumulations in the future.

Actually I want you to understand that the growth of Bitcoin has never for once depend on the politics, so perhaps I wonder why you would think that global politics is one of the factors behind the growth of Bitcoin, however may I remind you that Bitcoin has been doing very well right from the beginning even when most people were against it, so perhaps I wonder why all of a sudden because of Donald Trump statement about Bitcoin almost everybody began to conclude that the growth of Bitcoin depends on politics, actually I totally disagree with that, though the only good thing about it is that after what he said concerning Bitcoin people who were skeptical about Bitcoin will now realize that Bitcoin is the only way and also change the wrong mindset most people normally have on Bitcoin investment.

“Behold, the fool saith, "Put not all thine eggs in the one basket" - which is but a matter of saying, "Scatter your money and your attention"; but the wise man saith, "Pull all your eggs in the one basket and - WATCH THAT BASKET." - Pudd'nhead Wilson's Calendar”

Author ― Mark Twain, Pudd'nhead Wilson

Honestly, i think diversification has to do with one's financial level at every stage in life. If a bitcoin investor have enough money to diversify then he should do so, but prioritizing his Bitcoin investment should be a necessity. At some stage in life (especially to the grownups within the age of 50 and above) they might be more scared to diversify because it will be harder to recover if the investment does not turn out successful. They rather choose to protect their wealth, by so doing sticking to just one investment that has been working properly for them. But a young man in his 20s can choose to try other investments as long as he is capable of doing so if it doesn't go out well, he has more time to come back up. But I won't want to take that chance. Concentrating on one investment builds wealth and I have tried it and it worked. If I am to diversify then it is to protect that wealth but I will put in my money into a safer asset.

I dont mind saying mistakes, lots of people sold early because it was far more irregular back then.  I like to think I've learnt a bit or gained experience.   In any case BTC has to circulate and it is a positive its being used, traded.   Tons of people mined BTC back when it was more home user and sold it, with electric bills that was quite normal to do.

To defeat your enemy you must know your enemy, thats as succinctly as I could put it.  But its better I defer completely to Sun-Tzu

Im not recommending trading, I wouldnt do that any more then recommending the next horse to win a race.  There is a parallel in trading and gambling I agree, but people do want to discuss the market direction  and I think that is fair to discuss and whether people act with conviction to buy more or less is upto them.   I agree people should be doing DCA in growth assets & I would have agreed with that strategy even before BTC was invented.

 Majority of people wont be good at trading, if BTC is a bull market - it is, then there is a higher danger of missing out elevated by trading.   Iam interested in trading but nobody should be betting they are correct with all their BTC, its such a volatile market that would be very difficult to achieve .

Well not all altcoins are shitcoins. Some of them has the potential to grow and people are still making profits by investing in them. So I will not say that altcoins are bad. Only the professionals who have deep knowledge about the market and its movement can make profit out of altcoins. Believe me or not, altcoins are all about trends and hype. Once it fades away, it is gone.

Setting a target and achieving such target within a period of time are totally different, anything can happen at same time it’s advisable everyone consider how far they’ve accumulated first before thinking of taking out profit etc. For example, let’s assume Mr A had a target and worked towards achieving the target within the period of time set, definitely such investor has gotten a balance portfolio he/she desired meanwhile Mr B set a target but could not reach the target due to personal reason it’s expected the investor will still have to accumulate. There’s nothing serious in terms of number and years as an investor can still continue building their portfolio after reaching a balance portfolio or taking profit, all this depends on the investor.

People who panic are not investors but they are traders.

People who are slow and full of hope are not loyal or long term investors but they are traders.

These two characteristics can be ignored in each of you.

Just buy BTC and save it until you have children and grandchildren because Bitcoin investment is very good for the long term.

I prefer the old style of investors who accumulate bitcoins gradually but they don't sell them at every recorded ATH. why don't they sell because they know bitcoin is very limited. Whatever happens, buy bitcoin even if it's $10, do it gradually.

One  major thing most investors has  fail to understand is that, greed is never a good thing,  especially in this crypto industry,  almost all  veterans investors knows that when it comes to digital currencies, Bitcoin is second to none, but due to greedy of making 10x to 100x, they will still go ahead and invest in shit coin without taking into consideration the risk attached to it, they gambles with their hard earned money, even when they know how risky it is, some of them don't even know that investing in shit coin or alt are just like gambling, which the possibilities of them losing their hard earned money, is far greater than the possibilities of them making something out of it.

Secondly, most newbies investors that falls for this, are mostly misinformed, they were mostly told the juicy part of it, which is the 10x to 100x, but they weren't told how risky it is to invest in shit coin, until that greedy aspect of most investors are corrected, I Believe that the only way they can learn is on their own terms, which is learning it the hard way, when they have lost all their funds.

why take time to gamble with your investment when you can just buy and HODL? Sometimes in a bit to play too smart we end up shooting ourselves on the foot when we can just do the simple things that's less stressful. Buying your Bitcoin and HODling is something you can do while you're still doing your regular jobs and it will have zero effect on your job so why stress yourself trying to time the market and taking your time not to make any mistake and eventually making the mistake and losing all your funds or part of it in the process while you could have just bought your Bitcoin and never get bothered about price sentiment?


That's obviously the sweet thing.
All you need is to know that I'm buying my Bitcoin at a set-out day of the week if you're doing a weekly DCA or at a set-out day of the month if it's a monthly DCA and ensure that your funds are always available for your routine accumulation and that settles it all. When those trading are sad during the DIP, you're happy because the market has presented an opportunity for you to even buy more at a lower cost which all plays out to your own advantage.

Bitcoin investment can compared to a farmer  growing and keep nurturing its crops despite weather conditions such as  sun, rain etc but waiting for the appropriate season to reap the rewards.

The ups and down of the bitcoin trend can likely be reffered as weather conditions but an investor should not be worried but stay focused on accumulating despite market fluctuations. Staying patient and consistent, the appropriate season will come when your investment in bitcoin will definitely yield profit. Investor should learn not to get caught up with short-term situations in the market but having the bigger picture of what bitcoin is capable and what it can offer.