What about your exit Plan ?

[LogitechMouse]

Many people think that they have little funds, so if they invest in Bitcoin, nothing will happen, I mean they will not get any profit, but this is actually a wrong thinking, there is no obligation to invest a large amount in Bitcoin. You can invest a certain amount every week or every month regularly for long term and in this case it is definitely more profitable. And this is basically what we consider as DCA method.

If we see most of the newbies have this misconception that they have to invest huge amount of money in Bitcoin and for that reason they don't dare to do Bitcoin investment and avoid it. Moreover, another thing is that many new investors make large investments in Bitcoin at the beginning and later sell Bitcoin at a loss due to panic.

This is what can happen if people will continue to mislead these newbies. This is what can happen if people will continue to give wrong information to newbies. Wrong mindset and this might be the reason that instead of them investing into Bitcoin, they instead invest into altcoins that can go up and down very quickly.

They see cryptocurrency as a way for them to get money in a quick way, and in order for that to happen, they need huge amount of money, and since they don't have that much money, they prefer not investing anymore. Wrong mindset. Newbies don't even know that profits aren't earned that quick. Yes there's a way, but what's the risk? At the end of the day, whether it's 10$ or 50$ that you're investing into Bitcoin, that would be better than not investing at all. 10$ in Bitcoin weekly for 2-3 years would go a long way when the bull run starts.

[Legion]

Perhaps he was looking at the 4 year cycle, and with that even though we have reaches $73,000 in March it's not the all time high and we could be look at 2025 to see $100,000++.

Maybe, but as it stands those ~$73000 bitcoin reached back in March is current all time high and there is no guarantee that we gonna go higher than that in this bull run cycle. Though, if that happaned it would be the lousiest bull market ever and imho that could happen only if we reach some new major crisis or if war in Ukraine escalates further and expands to other countries.

I think $73K will not be the highest price in this 4-year cycle, because it is likely that by the end of this year the price of bitcoin will reach a new ATH above $80K, and next year the price of bitcoin will likely reach more than $10K, that's what many people predict and I agree with them.

For this cycle, $73,000 will not be the absolute peak of Bitcoin’s price in this cycle, in my opinion. You think that Bitcoin price is going to rise to a new ATH higher than $80000 this year to maybe $100000 next year. This projection is the work of many analyst and you consider the future of Bitcoin to grow in the market. All these projections could come through if market trends and supporting factors such as wider market access, enhanced policies on the use of renewable energy and technological advancement persists.
 
 But we must keep it in mind that the rates of cryptocurrencies are much volatile and their rise and fall are unpredictable. Sudden increases or decreases in the price levels can be induced by social factors such as change in governmental policies, fluctuations in foreign exchange rates, or radical shifts in the buyer’s attitude and perception. Hence, even though the expectations regarding the Bitcoin’s price rise may make much sense to invest, it is advisable to look at the potential threats and fluctuations in the market.

[Hisbullah]

Many people think that they have little funds, so if they invest in Bitcoin, nothing will happen, I mean they will not get any profit, but this is actually a wrong thinking, there is no obligation to invest a large amount in Bitcoin. You can invest a certain amount every week or every month regularly for long term and in this case it is definitely more profitable. And this is basically what we consider as DCA method.

If we see most of the newbies have this misconception that they have to invest huge amount of money in Bitcoin and for that reason they don't dare to do Bitcoin investment and avoid it. Moreover, another thing is that many new investors make large investments in Bitcoin at the beginning and later sell Bitcoin at a loss due to panic.

This is what can happen if people will continue to mislead these newbies. This is what can happen if people will continue to give wrong information to newbies. Wrong mindset and this might be the reason that instead of them investing into Bitcoin, they instead invest into altcoins that can go up and down very quickly.

They see cryptocurrency as a way for them to get money in a quick way, and in order for that to happen, they need huge amount of money, and since they don't have that much money, they prefer not investing anymore. Wrong mindset. Newbies don't even know that profits aren't earned that quick. Yes there's a way, but what's the risk? At the end of the day, whether it's 10$ or 50$ that you're investing into Bitcoin, that would be better than not investing at all. 10$ in Bitcoin weekly for 2-3 years would go a long way when the bull run starts.

Newbies should buy gradually while learning to understand market conditions, because learning in crypto requires experience and a long time to have knowledge. I also agree if you suggest buying bitcoin even though it's $10 every week rather than not buying at all, because by buying gradually our assets will become large.

[Wiseman]

Newbies should buy gradually while learning to understand market conditions, because learning in crypto requires experience and a long time to have knowledge. I also agree if you suggest buying bitcoin even though it's $10 every week rather than not buying at all, because by buying gradually our assets will become large.

Simple (blind) investing does not always = 100% increase in income in the future, sometimes you can lose money if you do not understand how to do it correctly, for beginners it is better to first study cryptocurrencies on forums and just put money aside and only after receiving the right knowledge start investing.

[doc]

Newbies should buy gradually while learning to understand market conditions, because learning in crypto requires experience and a long time to have knowledge. I also agree if you suggest buying bitcoin even though it's $10 every week rather than not buying at all, because by buying gradually our assets will become large.

It is highly recommended that we buy bitcoin with the DCA method, where we can buy gradually. This is not only for beginners but for those of us who have small capital can add crypto assets with this method. in seeking knowledge and experience it takes time and we can do it by buying and learning to trade.

[UNIVERSE]

Newbies should buy gradually while learning to understand market conditions, because learning in crypto requires experience and a long time to have knowledge. I also agree if you suggest buying bitcoin even though it's $10 every week rather than not buying at all, because by buying gradually our assets will become large.

Yes, it is better to buy gradually and use small funds only. When we are a newbie, it is better to focus on learning. We don't be too greedy to get money from crypto as quick as possible. If we are too obsessed to get quick money, we may end up with losses only. It is because we still have no proper knowledge to trade or to invest. In this condition, it is very easy to lose money because we do it carelessly. Anyway, if we do it gradually, we may have enough time for learning as well.

[dekafee79]

Newbies should buy gradually while learning to understand market conditions, because learning in crypto requires experience and a long time to have knowledge. I also agree if you suggest buying bitcoin even though it's $10 every week rather than not buying at all, because by buying gradually our assets will become large.

Yes, it is better to buy gradually and use small funds only. When we are a newbie, it is better to focus on learning. We don't be too greedy to get money from crypto as quick as possible. If we are too obsessed to get quick money, we may end up with losses only. It is because we still have no proper knowledge to trade or to invest. In this condition, it is very easy to lose money because we do it carelessly. Anyway, if we do it gradually, we may have enough time for learning as well.

Newbies should learn about many things, seek knowledge and experience in crypto first, don't be obsessed with high profits or want to get rich quickly, because it is impossible for us to be fast, everything needs a process. After we have experience and expertise, we can start learning trading.

[taufik123]

Newbies should learn about many things, seek knowledge and experience in crypto first, don't be obsessed with high profits or want to get rich quickly, because it is impossible for us to be fast, everything needs a process. After we have experience and expertise, we can start learning trading.

Those who always think that crypto is a get-rich-quick scheme, they always look at how influencers show off their wealth which is said to be the result of crypto. Even though it is not that easy to get wealth from crypto.

To be able to make thousands of dollars from crypto myself, I have to learn a lot about how crypto works and what opportunities can be taken advantage of.
If the basics of crypto alone don't know, then don't expect too much, especially just trading without any analysis, it will only result in losses.

[legend45]

Newbies should learn about many things, seek knowledge and experience in crypto first, don't be obsessed with high profits or want to get rich quickly, because it is impossible for us to be fast, everything needs a process. After we have experience and expertise, we can start learning trading.

Those who always think that crypto is a get-rich-quick scheme, they always look at how influencers show off their wealth which is said to be the result of crypto. Even though it is not that easy to get wealth from crypto.

To be able to make thousands of dollars from crypto myself, I have to learn a lot about how crypto works and what opportunities can be taken advantage of.
If the basics of crypto alone don't know, then don't expect too much, especially just trading without any analysis, it will only result in losses.

Invested in Crypto we need to learn and gain experience and knowledge so that we can invest properly. Don't expect much we can be rich from Crypto because it's not that easy. Making an analysis by looking at a fluctuating market is not an easy thing to require the understanding and experience and of course to understand that all takes a long time. Moreover, it becomes a professional trader, we must always practice and have good anlaisa.

[taufik123]

-snip-
Making an analysis by looking at a fluctuating market is not an easy thing to require the understanding and experience and of course to understand that all takes a long time. Moreover, it becomes a professional trader, we must always practice and have good anlaisa.

Learning technical analysis is not easy to do, it even took me years to understand and understand how the crypto market works. But of course everyone has a different level of understanding and development, some are faster and some even don't understand at all even though it has been explained.

Becoming a professional trader is not easy, not only about technical and fundamental analysis knowledge, but also self-control or trading psychology.
Even though a person understands the science of trading, but if they can't control their mentality well, it will only be a weakness that will affect the final result of the trade.

[LUCKMCFLY]

Newbies should learn about many things, seek knowledge and experience in crypto first, don't be obsessed with high profits or want to get rich quickly, because it is impossible for us to be fast, everything needs a process. After we have experience and expertise, we can start learning trading.

Those who always think that crypto is a get-rich-quick scheme, they always look at how influencers show off their wealth which is said to be the result of crypto. Even though it is not that easy to get wealth from crypto.

To be able to make thousands of dollars from crypto myself, I have to learn a lot about how crypto works and what opportunities can be taken advantage of.
If the basics of crypto alone don't know, then don't expect too much, especially just trading without any analysis, it will only result in losses.

Well, someone who lets themselves be fooled by influencers or by everything they say or promise, at that moment they will realize that they are wrong and the worst thing is to realize when they lose, in crypto you can always make money, in trading or in investments, there are even jobs that pay with crypto, but thinking that you are going to get rich from one moment to the next, no, that's like saying that with 100usd I am going to make $10k or $100k from a casino, no, it's a fantasy, there is illusion because nothing is impossible, but it would be a question of great luck, just like those who think that to do things right everything has to be measured, the risk in trading, the knowledge and above all the patience for any activity that has to do with crypto that in the end represents money.

[nakmantu99]

Newbies should learn about many things, seek knowledge and experience in crypto first, don't be obsessed with high profits or want to get rich quickly, because it is impossible for us to be fast, everything needs a process. After we have experience and expertise, we can start learning trading.

Those who always think that crypto is a get-rich-quick scheme, they always look at how influencers show off their wealth which is said to be the result of crypto. Even though it is not that easy to get wealth from crypto.

To be able to make thousands of dollars from crypto myself, I have to learn a lot about how crypto works and what opportunities can be taken advantage of.
If the basics of crypto alone don't know, then don't expect too much, especially just trading without any analysis, it will only result in losses.

Well, someone who lets themselves be fooled by influencers or by everything they say or promise, at that moment they will realize that they are wrong and the worst thing is to realize when they lose, in crypto you can always make money, in trading or in investments, there are even jobs that pay with crypto, but thinking that you are going to get rich from one moment to the next, no, that's like saying that with 100usd I am going to make $10k or $100k from a casino, no, it's a fantasy, there is illusion because nothing is impossible, but it would be a question of great luck, just like those who think that to do things right everything has to be measured, the risk in trading, the knowledge and above all the patience for any activity that has to do with crypto that in the end represents money.

Never believe the words of media influencers, we better have our own analysis by doing research on projects and coins that we will buy. because something that I think is impossible with a capital of $ 100 can produce $ 1000 or even $ 100,000. We can't get rich quickly unless you buy bitcoin when it was first launched and hold it for 10 years later.

[pieppiep]

Newbies should learn about many things, seek knowledge and experience in crypto first, don't be obsessed with high profits or want to get rich quickly, because it is impossible for us to be fast, everything needs a process. After we have experience and expertise, we can start learning trading.

Those who always think that crypto is a get-rich-quick scheme, they always look at how influencers show off their wealth which is said to be the result of crypto. Even though it is not that easy to get wealth from crypto.

To be able to make thousands of dollars from crypto myself, I have to learn a lot about how crypto works and what opportunities can be taken advantage of.
If the basics of crypto alone don't know, then don't expect too much, especially just trading without any analysis, it will only result in losses.

Well, someone who lets themselves be fooled by influencers or by everything they say or promise, at that moment they will realize that they are wrong and the worst thing is to realize when they lose, in crypto you can always make money, in trading or in investments, there are even jobs that pay with crypto, but thinking that you are going to get rich from one moment to the next, no, that's like saying that with 100usd I am going to make $10k or $100k from a casino, no, it's a fantasy, there is illusion because nothing is impossible, but it would be a question of great luck, just like those who think that to do things right everything has to be measured, the risk in trading, the knowledge and above all the patience for any activity that has to do with crypto that in the end represents money.

Never believe the words of media influencers, we better have our own analysis by doing research on projects and coins that we will buy. because something that I think is impossible with a capital of $ 100 can produce $ 1000 or even $ 100,000. We can't get rich quickly unless you buy bitcoin when it was first launched and hold it for 10 years later.

Well, Doing personal research is much more important than listening to Hillis and other media influencers sharing their opinions about various projects and coins. It would help in avoiding situations that would lead to the loss of capital which is always done when we have a better understanding of the investments through analysis. Wanting huge profits from a small amount of money invested, without a proper base results in a great many disappointments.
 
The dream of making fast money through the crypto investment is often not as smooth as planned and save for those who bought bitcoins at the inception of the technology and hodling it for several years or more. Thus, well-crafted long-term plans and perfect knowledge are the primary factors to determine investment success rather than referring to the factor and any trends.

[taufik123]

-snip-
The dream of making fast money through the crypto investment is often not as smooth as planned and save for those who bought bitcoins at the inception of the technology and hodling it for several years or more. Thus, well-crafted long-term plans and perfect knowledge are the primary factors to determine investment success rather than referring to the factor and any trends.

When it was able to hold bitcoin at the beginning of its emergence until now it was a success, but I don't think few people will do it because they will be tempted by the current high price.
Look at some of the holders in the past who have sold their bitcoin holdings, but they are also buying at a cheaper price to double their holdings by taking advantage of every momentum pump and dump that occurs.

[Hisbullah]

-snip-
The dream of making fast money through the crypto investment is often not as smooth as planned and save for those who bought bitcoins at the inception of the technology and hodling it for several years or more. Thus, well-crafted long-term plans and perfect knowledge are the primary factors to determine investment success rather than referring to the factor and any trends.

When it was able to hold bitcoin at the beginning of its emergence until now it was a success, but I don't think few people will do it because they will be tempted by the current high price.
Look at some of the holders in the past who have sold their bitcoin holdings, but they are also buying at a cheaper price to double their holdings by taking advantage of every momentum pump and dump that occurs.

We know that at the beginning of bitcoin's launch the price of bitcoin was still cheap, and I agree with you because those who managed to buy at that time and hold it until now is a success because when we first knew bitcoin was launched there were many negative issues circulating and many countries opposed bitcoin and I even read the gossip at that time bitcoin was considered a fraud. but now we see bitcoin is very popular and in demand by many people.