If you want to take Bitcoin, take it or not??

[dekafee79]

Investing and trading is entirely your personal matter. You can trade if you like. Some Precautions If you cannot take precautions and create fear in yourself, you cannot trade or invest. To work and survive in cryptocurrency you have to take risks and move forward with those risks. If you can't take risks, you won't succeed at anything. No matter how high the price of Bitcoin is, you can invest if you want to invest. Bitcoin is suitable to buy anytime so if you are more hesitant about the market then you can follow DCA method as DCA method is the most suitable method of investment. Bitcoin Market Will Have Volatility Bitcoin is so popular today because of volatility.

The best method to invest in crypto for a newbie is certainly the DCA method it gives us the benefit of investing as low as with $10. With time if we feel more comfortable then we can invest more but at start we must only invest with the money that we don't care to lose. It means if the money we are investing is for food and for bills then don't invest if it just lying in your bank account doing nothing then invest it in BTC but start with few dollars.

Loss and profit in BTC are quick due to volatility newbies might drive in or away from crypto after facing the volatility. If they made a profit first they will drive toward it otherwise loss can end up going away and they will call crypto gambling

Newbies will quickly panic and when they experience losses due to the volatility of the crypto market, they may be discouraged and leave crypto, but if they make a profit, they will persist and start learning about investing in crypto and maybe learn to trade.

[ZAINmalik75]

Newbies will quickly panic and when they experience losses due to the volatility of the crypto market, they may be discouraged and leave crypto, but if they make a profit, they will persist and start learning about investing in crypto and maybe learn to trade.

That's true; they will panic and will try to close the trade by saving whatever they have, but if they are not narrow-minded and adopt the volatility and try to understand the norms of how we must trade then one day they won't panic anymore even after seeing 80% lose and maybe full loss.
, Profit is a good motivation and it gives big motivations to all the people making efforts.

Learning is the main key to a successful journey. Proper knowledge of norms is necessary for making huge profits from trades and how to control our emotions after seeing big losses.

[Blaze]

Investing and trading is entirely your personal matter. You can trade if you like. Some Precautions If you cannot take precautions and create fear in yourself, you cannot trade or invest. To work and survive in cryptocurrency you have to take risks and move forward with those risks. If you can't take risks, you won't succeed at anything. No matter how high the price of Bitcoin is, you can invest if you want to invest. Bitcoin is suitable to buy anytime so if you are more hesitant about the market then you can follow DCA method as DCA method is the most suitable method of investment. Bitcoin Market Will Have Volatility Bitcoin is so popular today because of volatility.

The best method to invest in crypto for a newbie is certainly the DCA method it gives us the benefit of investing as low as with $10. With time if we feel more comfortable then we can invest more but at start we must only invest with the money that we don't care to lose. It means if the money we are investing is for food and for bills then don't invest if it just lying in your bank account doing nothing then invest it in BTC but start with few dollars.

Loss and profit in BTC are quick due to volatility newbies might drive in or away from crypto after facing the volatility. If they made a profit first they will drive toward it otherwise loss can end up going away and they will call crypto gambling

Newbies will quickly panic and when they experience losses due to the volatility of the crypto market, they may be discouraged and leave crypto, but if they make a profit, they will persist and start learning about investing in crypto and maybe learn to trade.

In many cases, we notice that due to the huge fluctuation in the value of the crypto coins, beginners quit easily especially when they sustain a loss. However, moments of loss can moment be a useful experience if the attitudes remain strong and analytical strategies used persistent. In those who manage to make money this is a signal to become more serious about investing in cryptos and trading. With this initial experience, we begin to learn why knowledge about risk and planning for the long term has to do with. It also assists in creating a mentality that in the cryptocurrency industry, earning and losses are as good as twins, and both are effective teaching tools.

[JoyMarsha]

Newbies will quickly panic and when they experience losses due to the volatility of the crypto market, they may be discouraged and leave crypto, but if they make a profit, they will persist and start learning about investing in crypto and maybe learn to trade.

That's true; they will panic and will try to close the trade by saving whatever they have, but if they are not narrow-minded and adopt the volatility and try to understand the norms of how we must trade then one day they won't panic anymore even after seeing 80% lose and maybe full loss.
, Profit is a good motivation and it gives big motivations to all the people making efforts.

Learning is the main key to a successful journey. Proper knowledge of norms is necessary for making huge profits from trades and how to control our emotions after seeing big losses.

I agree with you that profits give people the motivation to put effort into what they are doing because once someone does not see any good results from what they are doing, they can choose to discontinue that because it is not okay to continue doing what you lose to. Even if it is crypto, you put a stop to it, to learn and have the proper knowledge of it before continuing. At least that will save a lot, from people being panicked each time their invested coins decline in price.

[21Pilots]

Newbies will quickly panic and when they experience losses due to the volatility of the crypto market, they may be discouraged and leave crypto, but if they make a profit, they will persist and start learning about investing in crypto and maybe learn to trade.

That's true; they will panic and will try to close the trade by saving whatever they have, but if they are not narrow-minded and adopt the volatility and try to understand the norms of how we must trade then one day they won't panic anymore even after seeing 80% lose and maybe full loss.
, Profit is a good motivation and it gives big motivations to all the people making efforts.

Learning is the main key to a successful journey. Proper knowledge of norms is necessary for making huge profits from trades and how to control our emotions after seeing big losses.

I agree with you that profits give people the motivation to put effort into what they are doing because once someone does not see any good results from what they are doing, they can choose to discontinue that because it is not okay to continue doing what you lose to. Even if it is crypto, you put a stop to it, to learn and have the proper knowledge of it before continuing. At least that will save a lot, from people being panicked each time their invested coins decline in price.

We do realize that profit is actually the reason that gives us the capacitive for us to keep on striving in whatever that we do. But if the results are not very inspiring it is correct to learn and study more for better knowledge.

With this understanding, it means that investors can hold and trade in cryptos without stress when prices go down. This makes us happier and ready to confront variability in the market environment.

[Faisal2202]

There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not.  I talk about myself that I want to do business but the question comes in my mind that should I invest or not??  Bitcoin price is currently skyrocketing so is it worth buying??

I think I have read this topic before, but seriously, at that time I thought now would not be a good time, but whether the time is good or not depends on the time you are going to hold on to your holdings. For example, if you planned to hold BTC for a longer period then the time was right even now the time is right for the long term but I will not suggest you to buy now because the price is just too much now, and buying now for small trades is okay but for the long run you might have to wait for 4 years (for the next cycle) to make an exit.

The bull run is still ongoing and people are making profitable trades so whether this is a good time or not it depends on your expectations only.

[bhadz]

I don't understand the logic of what OP is asking or comprehending about the logic about having a business and not wanting to invest on it. I think that I should expound that much that whoever wants to start a business, they should be willing to invest. There could be some requirement on how much it will be but not all of them requires huge amount to start. And this is the same with Bitcoin, you're not required to start with a very huge amount for which is the wrong thinking of many that someone has to start big. No, it doesn't have to be like that and as you learn it, you can add when you're able and understand more of it.

[ZAINmalik75]

I agree with you that profits give people the motivation to put effort into what they are doing because once someone does not see any good results from what they are doing, they can choose to discontinue that because it is not okay to continue doing what you lose to. Even if it is crypto, you put a stop to it, to learn and have the proper knowledge of it before continuing. At least that will save a lot, from people being panicked each time their invested coins decline in price.

Mostly newbies put a stop to it not to learn but to leave it for all at once which is not good for the crypto too. These newbies when make unexpected profit from crypto they expect too much and think of it some rich scheme and when they make lose they leave it too. Newbies will some knowledge and crypto friend will continue their journey because they will be told its normal in crypto to loss big and profit big.

Those who stop to learn are less in number but they chose an excellent path. Profits are necessary so when a expert teaching newbies about trading and crypto they should make sure they make profits otherwise they lose hope and drew away from it.

[legend45]

I agree with you that profits give people the motivation to put effort into what they are doing because once someone does not see any good results from what they are doing, they can choose to discontinue that because it is not okay to continue doing what you lose to. Even if it is crypto, you put a stop to it, to learn and have the proper knowledge of it before continuing. At least that will save a lot, from people being panicked each time their invested coins decline in price.

Mostly newbies put a stop to it not to learn but to leave it for all at once which is not good for the crypto too. These newbies when make unexpected profit from crypto they expect too much and think of it some rich scheme and when they make lose they leave it too. Newbies will some knowledge and crypto friend will continue their journey because they will be told its normal in crypto to loss big and profit big.

Those who stop to learn are less in number but they chose an excellent path. Profits are necessary so when a expert teaching newbies about trading and crypto they should make sure they make profits otherwise they lose hope and drew away from it.

You are right, newbies will experience trauma when they first invest and crypto or trade and experience defeat and loss, it will make them discouraged to invest again. There are newbies who still want to try to learn again and invest again but most of them leave crypto when they experience losses at the beginning. A newbie should still have the spirit to invest in order to continue learning to do that.

[bayu7adi]

If it's too expensive, then wait until you think it's cheap... I know the price of BTC tends to increase every year, so if you feel this price is very high, it doesn't necessarily mean that next year's price will be below the current price... you yourself should realize that there is nothing accurate in every prediction, so if you are afraid of buying too expensively for now, DCA is the solution...

Many have discussed DCA here, and its purpose is to avoid buying BTC at a price that is too expensive...

[Hisbullah]

If it's too expensive, then wait until you think it's cheap... I know the price of BTC tends to increase every year, so if you feel this price is very high, it doesn't necessarily mean that next year's price will be below the current price... you yourself should realize that there is nothing accurate in every prediction, so if you are afraid of buying too expensively for now, DCA is the solution...

Many have discussed DCA here, and its purpose is to avoid buying BTC at a price that is too expensive...

If you buy Bitcoin at this time even though the price is already high, we can still achieve profits next year. Because next year the possibility of Bitcoin prices will reach more than $ 100K.
The DCA method is the best method for gradually buying bitcoin because of our limited capital in investing. We can make the purchase every week and at this time there are still opportunities to do it.

[ZAINmalik75]

You are right, newbies will experience trauma when they first invest and crypto or trade and experience defeat and loss, it will make them discouraged to invest again. There are newbies who still want to try to learn again and invest again but most of them leave crypto when they experience losses at the beginning. A newbie should still have the spirit to invest in order to continue learning to do that.

Learning is not easy if I be too honest because if a newbie wants to learn trading there is no way he won't get scammed by any teacher or signal group who charge fee to give trade signals. Almost every newbie loses money to them.

Learning from YouTube is also not so easy they don't teach everything and every teacher on YouTube have different concepts about trading some follow basics and some hate basics. The best way is to learn all the indicators manually from investopedia etc.

[MUGNIA]

if you look at the current price I think there is a possibility to buy btc with the amount that goes into your funding, where the current price is still unstable and the bullrun has not arrived but keep monitoring the market because the market price is very unstable where the btc price can drop drastically from high back to 60k$ again

[bitterguy28]

Learning is not easy if I be too honest because if a newbie wants to learn trading there is no way he won't get scammed by any teacher or signal group who charge fee to give trade signals. Almost every newbie loses money to them.

i know some people who were able to find mentors and help from professionals so i guess you really should just be careful and choose what seems to be the best for you to be a successful beginner

Learning from YouTube is also not so easy they don't teach everything and every teacher on YouTube have different concepts about trading some follow basics and some hate basics. The best way is to learn all the indicators manually from investopedia etc.

we should maximize our resources and use all of it i still think that there’s at least some good knowledge from youtube still and it makes it simple and easy to understand but that’s only the basics so i suggest read books that are more complex and dives into more technical stuff of trading

[dekafee79]

if you look at the current price I think there is a possibility to buy btc with the amount that goes into your funding, where the current price is still unstable and the bullrun has not arrived but keep monitoring the market because the market price is very unstable where the btc price can drop drastically from high back to 60k$ again

If the price of Bitcoin drops to $ 60k, of course I will buy Bitcoin and some potential Atcoin. But ahead of the announcement of the US presidential election the price of Bitcoin is rising again at this time. We had seen the price of Bitcoin again touching $ 70K again yesterday even though at this time kebali dropped to $ 69K. Very interesting to see the movement of Bitcoin prices in the market. I have prepared USD to buy when it really will occur correction if Kamala Harris is elected as US President