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Author Topic: Reason to invest on Btc  (Read 2671 times)

Offline DaNNy001

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Re: Reason to invest on Btc
« Reply #15 on: February 09, 2024, 10:51:47 PM »
Bitcoin is a volatile asset like every other cryptocurrency, but I feel more assured with Bitcoin than with any other cryptocurrency asset because it can actually pump to give profit and can also dump on the investment, and after the dump, it may not rise again. I usually advise newbies who want to invest in cryptocurrencies to start with Bitcoin because, with Bitcoin, they should be able to make a profit during the bull market, but if it's an altcoin, you may experience losses and be uncertain about what the expected price can be. After becoming very familiar with the cryptocurency space, if a newbie decides to invest in altcoins, they will be aware of the risk.
But most of the newbie feel that investment in Bitcoin isn't worth it because of the wait game and tend to diversify to project that earn them quicker returns in a short time and that's where the mistakes come because unknowingly to them that the risk involved is just too high to take because the way you can get quick profits, that's the same way you can invest in these projects and get serious heartbreak because of the low liquidity that these coins have but with Bitcoin there is this confort and assurance of making profits a it just requires discipline in the field of patience.

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Re: Reason to invest on Btc
« Reply #15 on: February 09, 2024, 10:51:47 PM »

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Re: Reason to invest on Btc
« Reply #16 on: February 11, 2024, 01:53:40 PM »
Bitcoin is a volatile asset like every other cryptocurrency, but I feel more assured with Bitcoin than with any other cryptocurrency asset because it can actually pump to give profit and can also dump on the investment, and after the dump, it may not rise again. I usually advise newbies who want to invest in cryptocurrencies to start with Bitcoin because, with Bitcoin, they should be able to make a profit during the bull market, but if it's an altcoin, you may experience losses and be uncertain about what the expected price can be. After becoming very familiar with the cryptocurency space, if a newbie decides to invest in altcoins, they will be aware of the risk.
But most of the newbie feel that investment in Bitcoin isn't worth it because of the wait game and tend to diversify to project that earn them quicker returns in a short time and that's where the mistakes come because unknowingly to them that the risk involved is just too high to take because the way you can get quick profits, that's the same way you can invest in these projects and get serious heartbreak because of the low liquidity that these coins have but with Bitcoin there is this confort and assurance of making profits a it just requires discipline in the field of patience.
You are right newbies don't want to be patient with life, rather they want quick money and this is why they end up falling for coins that don't have potentials in the market. It is better that a newbie should only invest in bitcoin because it is easy to hodli and wait patiently for a long term that your investment must have yield good profit. Nothing good comes easy without sacrifice and that is why we don't need to be in a rush to make money but make it gradually, by using DCA strategy to buy and hodli your bitcoin for the future. You cannot hodli altcoins for long because they will end up to be a disappointment.

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Re: Reason to invest on Btc
« Reply #17 on: February 11, 2024, 11:58:17 PM »
Bitcoin is a volatile asset like every other cryptocurrency, but I feel more assured with Bitcoin than with any other cryptocurrency asset because it can actually pump to give profit and can also dump on the investment, and after the dump, it may not rise again. I usually advise newbies who want to invest in cryptocurrencies to start with Bitcoin because, with Bitcoin, they should be able to make a profit during the bull market, but if it's an altcoin, you may experience losses and be uncertain about what the expected price can be. After becoming very familiar with the cryptocurency space, if a newbie decides to invest in altcoins, they will be aware of the risk.
But most of the newbie feel that investment in Bitcoin isn't worth it because of the wait game and tend to diversify to project that earn them quicker returns in a short time and that's where the mistakes come because unknowingly to them that the risk involved is just too high to take because the way you can get quick profits, that's the same way you can invest in these projects and get serious heartbreak because of the low liquidity that these coins have but with Bitcoin there is this confort and assurance of making profits a it just requires discipline in the field of patience.
You are right newbies don't want to be patient with life, rather they want quick money and this is why they end up falling for coins that don't have potentials in the market. It is better that a newbie should only invest in bitcoin because it is easy to hodli and wait patiently for a long term that your investment must have yield good profit. Nothing good comes easy without sacrifice and that is why we don't need to be in a rush to make money but make it gradually, by using DCA strategy to buy and hodli your bitcoin for the future. You cannot hodli altcoins for long because they will end up to be a disappointment.
guess what I made such mistakes back then as a newbie, didn't know the beauty of investing in bitcoin, investing in some others volatility coins may lead to emotional testing which may course selling their investment in losses or in a premature state due to the fear of losing. But when its comes to bitcoin no matter the dip it's experience you are already sure that It would bounce back though might take a long time but still it would bounce back so yes it is more advisable for newbies to start with bitcoin as they are learning they can be investing without no stress

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Re: Reason to invest on Btc
« Reply #18 on: February 12, 2024, 07:47:28 PM »
guess what I made such mistakes back then as a newbie, didn't know the beauty of investing in bitcoin, investing in some others volatility coins may lead to emotional testing which may course selling their investment in losses or in a premature state due to the fear of losing. But when its comes to bitcoin no matter the dip it's experience you are already sure that It would bounce back though might take a long time but still it would bounce back so yes it is more advisable for newbies to start with bitcoin as they are learning they can be investing without no stress
Many people made that mistake. Do you know that some people even invest in bitcoin at that time but fear made than to sell everything again and it is now that they are regretting. And trying to rebuild their wallets again. I know five friends who did that big mistake and they are regretting. But I told them that it is not too late if really they are ready to invest then they should provide cash and start from the beginning. If there there is life, there is hope as the popular saying.

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Re: Reason to invest on Btc
« Reply #19 on: February 12, 2024, 07:52:15 PM »
guess what I made such mistakes back then as a newbie, didn't know the beauty of investing in bitcoin, investing in some others volatility coins may lead to emotional testing which may course selling their investment in losses or in a premature state due to the fear of losing. But when its comes to bitcoin no matter the dip it's experience you are already sure that It would bounce back though might take a long time but still it would bounce back so yes it is more advisable for newbies to start with bitcoin as they are learning they can be investing without no stress
Many people made that mistake. Do you know that some people even invest in bitcoin at that time but fear made than to sell everything again and it is now that they are regretting. And trying to rebuild their wallets again. I know five friends who did that big mistake and they are regretting. But I told them that it is not too late if really they are ready to invest then they should provide cash and start from the beginning. If there there is life, there is hope as the popular saying.
I can also relate to that shitty mistake, because of fear and not having good knowledge anytime I invest always let fear to get the best of me and I go con later sell for loss. Nah because that time my trust for investing in bitcoin never too strong but now I go jejely invest without even showing any fear. Because bitcoin nah sharp future investment. Now you can see is around $50k and this is just the beginning sha. There's more breakthrough ahead

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Offline Gormicsta

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Re: Reason to invest on Btc
« Reply #20 on: February 14, 2024, 06:08:19 AM »
Plenty reason dey to invest on BTC like for future use especially as BTC dey rise like say tomorrow no dey just imagine say you start to invest since when BTC never reach the way e reach now, by now person for become millionaire so to invest for BTC dey go and pull us out from poverty especially for our generation.

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Re: Reason to invest on Btc
« Reply #21 on: March 05, 2024, 06:52:05 AM »
Mi pipo I greet Una
I just Shey make share this stuff. We all nor Shey Btc nah be the baba for all cryptocurrencies normally. And Naim be one the most sharp coin to invest on. Because of that one Bitcoin potential sharp. Reason you need to invest Bitcoin even though you be newbie, Nah Shey risk nor too dey like how e tey dey most coin most coins. Ones you know Shey u b the patient type forget Btc investment don ready sure for you. Many dip dey Btc don undergo Shey most people nor believe Shey e go fit bounce back but nah see where e dey nah just imagine how much those people don make wey hold am for that dip con reach now. Even that time when that nft stuff still cause Btc to dip it still bounce back and beat the price e dey that time seff so if you know Shey you get good funds you know Shey you go fit hold and forget you can invest it in btc ;D

Correct you and me know say BTC na the head when you hear the name Bitcoin, on Bitcoin na the best and profitable investment so far if you check the past investors holding Bitcoin na they are all billionaires. The dip holding Bitcoin don raise to a higher level, all those when get on at 2017 see the price difference now huge profit as being made.

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Re: Reason to invest on Btc
« Reply #21 on: March 05, 2024, 06:52:05 AM »


Offline FOKA33

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Re: Reason to invest on Btc
« Reply #22 on: March 05, 2024, 09:39:14 AM »
Some reason to Invest in Bitcoin, is when BTC is dipping, so as to acquire profits when it's has risen from where it was to an all time high /ath to take out your profits.
Buy and hold is also another way of buying Bitcoin for the furture.

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Re: Reason to invest on Btc
« Reply #23 on: March 09, 2024, 02:32:33 PM »
Mi pipo I greet Una
I just Shey make share this stuff. We all nor Shey Btc nah be the baba for all cryptocurrencies normally. And Naim be one the most sharp coin to invest on. Because of that one Bitcoin potential sharp. Reason you need to invest Bitcoin even though you be newbie, Nah Shey risk nor too dey like how e tey dey most coin most coins. Ones you know Shey u b the patient type forget Btc investment don ready sure for you. Many dip dey Btc don undergo Shey most people nor believe Shey e go fit bounce back but nah see where e dey nah just imagine how much those people don make wey hold am for that dip con reach now. Even that time when that nft stuff still cause Btc to dip it still bounce back and beat the price e dey that time seff so if you know Shey you get good funds you know Shey you go fit hold and forget you can invest it in btc ;D

There are many factors and benefits when investing in Bitcoin it depends on your goals * store of value , many people see BTC as a hedge against inflation bad devaluation, and it's not control by any central authority. *Portfolio diversification: well BTC is a traditional investment that can help spread out risk and provide exposure to alternative asset. It's also used for long term potential , while BTC is still a relatively new asset. Some people believe it potential for a long term growth such as most people and institutions adopt.

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Re: Reason to invest on Btc
« Reply #24 on: March 09, 2024, 10:18:26 PM »
Some reason to Invest in Bitcoin, is when BTC is dipping, so as to acquire profits when it's has risen from where it was to an all time high /ath to take out your profits.
Buy and hold is also another way of buying Bitcoin for the furture.
That is not a reason but it is a plan. You have to plan your investment models so that you won't risk your funds. And tht is why there are topics on buy the dip and hodle. In those days newbies were afraid to loss their funds in bitcoin so they sell off their coins unmatured and regret it later. But now most of the newbies are not doing that mistake because they are seeing the evidences from their neighbors and friends.

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Re: Reason to invest on Btc
« Reply #25 on: March 11, 2024, 09:24:15 PM »
Currently bitcoin is on the bull run, if you invest in bitcoun now, you will definitely gain profit...
There are many reasons to invest in btc, in the society now crypto currency is becoming increasingly popular and alot of people benefit from it.

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Re: Reason to invest on Btc
« Reply #26 on: March 11, 2024, 10:44:29 PM »
Mi pipo I greet Una
I just Shey make share this stuff. We all nor Shey Btc nah be the baba for all cryptocurrencies normally. And Naim be one the most sharp coin to invest on. Because of that one Bitcoin potential sharp. Reason you need to invest Bitcoin even though you be newbie, Nah Shey risk nor too dey like how e tey dey most coin most coins. Ones you know Shey u b the patient type forget Btc investment don ready sure for you. Many dip dey Btc don undergo Shey most people nor believe Shey e go fit bounce back but nah see where e dey nah just imagine how much those people don make wey hold am for that dip con reach now. Even that time when that nft stuff still cause Btc to dip it still bounce back and beat the price e dey that time seff so if you know Shey you get good funds you know Shey you go fit hold and forget you can invest it in btc ;D
Na true talk my bro, Bitcoin na d ogboge crypto currency to dey do small small investment for, as e dey be na e don dey too high, na to watch and wait for another ATL all time low as e be last 2 years before e con rise again this year, high risk /higher reward as e bring high ROI/return of investment for people wey invest last year.

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Re: Reason to invest on Btc
« Reply #27 on: March 16, 2024, 09:39:37 AM »
Talking about digital investment then Bitcoin investment is the best of it all in as much as you can invest and patiently hold your coins on to the market to accelerate to the banking velocity that after the Dip comes the pumping where its value rises so proefficiently to accumulate its profitable potentials to determine its values by its demands and supplies.
There is just a Zero worries after investing on the bitcoin than investing on the altcoins with the potential heartbreaks.

Offline Jay-Jay247

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Re: Reason to invest on Btc
« Reply #28 on: March 16, 2024, 01:43:21 PM »
Thanks for bringing this up, it's really helpful
Mr. Jay

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Re: Reason to invest on Btc
« Reply #29 on: March 16, 2024, 05:50:57 PM »
"Reason you need to invest Bitcoin even though you be newbie, Nah Shey risk nor too dey like how e tey dey most coin most coins.
The reason why we have the office of the minister of information, is because true that office every activity of the government must be made none through that true the ministry of information and communication.
Should government be allowed to keep secret from their citizen? The answer is no because of the ministry of information and communication every activities of the government is supposed to be made open to their citizens.

 

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