Quote from: Yablee0 on July 27, 2025, 06:37:13 AM

Over the years many folks have been diving into bitcoin investment without even bothering of knowing the basics necessity involved in it to be successful,
However, this has given me so much concern so I decided to create this thread for an open discussion about the basic things that needed to be considered before entering into any investment :

- Decision : you most make a bold decision before investing, ie you must be determined, being determined simply means you are ready not minding any challenges or obstacles that comes with that investment you are 100 percent ready to face it.

- Research (making your own findings) : There is no way you can be successful in bitcoin investment without knowing the basic root or more about what you want to put in your money, you must go extra lengths to make more enquiries about that investment you about to emback on so as to attain success at it end.

- you must set a clear purpose (goal): Setting a clear goal in any investment is very vital step to take because it gives you a clear picture of what you want your investment to look like, however making an investor to be more focused and easier to achieve success in bitcoin investment.

- Ready to hold for long term (patience) : you must have that self patience in you despite any thing, you must have that mindset that bitcoin need more time before you can start benefiting from it,and it is not a get rich scheme that you will put in your money and get a huge outcome in a twinkle of an eyes. You must be ready to wait for longer term if you want to hit it big.

- Self discipline: you must posses self discipline if you want a successful bitcoin investment, many luxury life styles must be abolish to enables you hold for long term.

- emergency funds: emergency funds is very essential for your investment in Bitcoin to survive till it mature, because without it, anytime their is real life emergencies, you may temper with your holdings, which is not good for you investment, so emergency funds is a must.

You Just made some useful points, and at the same time one don't need to dive into bitcoin investment without knowing how the biz works and setting up a clear goal and objectives. There are people who dived into bitcoin investment and couldn't achieve their aim, this is because they failed to understand those basic things that can make a bitcoin investor successful.To become a successful bitcoin investor, make sure you are well guided, be focused , be determined and set your long time goal and objective, make sure you are not distracted and definitely you are going to make it.

Jubilee58

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