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Title: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Donk1 on October 17, 2025, 08:42:32 AM For most Bitcoin or crypto enthusiasts they can easily get intimidated with what they hear and see online which if I may is actually a bad mentality At times you have to look beyond what you see on any social media Yes it's good to stay active and get new information/news and do quality research but but never get caugh up with words like I own a large portion of Bitcoin ,or i have been investing for years now and my investments have been going smoothly. No you shouldn't because most of them who are saying that might either be lying jusst to get people's attentions on their social media account and you listening to them might make you lose focus on learning. The only thing you will believe is what they said and If that happens all your focus will now be on how you can be like that. competing with someone you don't even know and don't know you. Most times it could even be a friend Because the guy made it or he or she is always telling you how profitable his investment is you yourself will now be trying as much as possible to reach where he is indeed that's a wrong move.That's why Bitcoin investment isn't about who gets rich first. No, it's a journey that you have to pass alone. Focusing only on your own future achievements.
However every investor has different starting points and different goals. For example... Everyone has different savings and source of income so never compare yourself with someone else because our goals as Bitcoin investors differ a lot. The time you buy isn't the same time another person or maybe your friend, buys so there shouldn't be a competition, because it might even lead to discomfort in the mind which can often lead to psychological effects in investing making you take irrational decisions. Focusing on what you can do as a Bitcoin investor. Instead of worrying about how you surpass others, you should take that time to focus on your own plans by implementing a well known strategy like the DCA Dollar Cost Averaging. And because of that you must: 1).Set a budget that will help you decide on the amount of money you are willng to invest on a regular, and that money should never be borrowed money or cash that you will need urgently.. 2). Follow your strategy no matter what even if the price of Bitcoin goes up or down, stay on track and buy according to your plans. 3).Lastly when you are patient with your investment as time goes jyou will see that all those small amounts you have invested on a regular will be a significant big amount. by not trying to time the market and as well not competing with people you will see yourself growing gradually. Furthermore to simply end the topic the goal of investing should nnever be to be richer or truly to be better than someone. Having peace of mind is what will set one on a right path because then you won't be risking money you can't afford to lose and anything like competition won't be in your mind. That's why in the world of Bitcoin the only person you should be trying to compete with is yourself being better than your yesterday. That's just it .take your time stay consistent, and focus on your own journey........ Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: I_Anime on October 17, 2025, 09:36:56 AM No one is doing competition with you , you choose to pressure your by yourself the only competition btw yourself and no one else , when come to bitcoin . But you can be inspired by others wins and progress and use it as an instrument of growth and determination, that’s why I tell folk that you can start accumulating with any amount you can afford. No one is forcing anyone to go beyond their budget accumulate according to your convenient. Because if you try to go faster with over aggressive buying you only ruin your investment too early .
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Y3shot on October 17, 2025, 09:56:56 AM Investing bitcoin the first thing to have in mind is to invest what you can afford to lose, if you go in with the mindset of just investing without any plans of fund of your ability, and you just want to invest to meet up with other people, it will surely become a failed investment if one is not careful. Investment is not a thing of competition, it is all about a thing of what you can afford. we all have our own financial strenght and if you exceed it , then it becomes impossible to keep investing.
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: fredericktaylor on October 17, 2025, 11:54:57 AM Gain knowledge about Bitcoin and move forward according to specific destination or plans, make small investments consistently according to your ability and Use discretionary income for long-term retention, Investing in Bitcoin without showing off or a specific plan is absolutely stupidity. Do not make any decisions based on the words of others, continue to research, gain knowledge, take action accordingly, do not give up.Your knowledge can gradually lead you to specific destination.
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Sim_card on October 17, 2025, 12:06:41 PM Just as we are different in names, region and family is the same way our income are not the same. If our income is the same, our expenses can never be the same. This is why there's no competition in life but proper financial management is needed for you to invest based on your own discretionary income. Bitcoin investment shouldn't be seen as a competition, accumulate bitcoin with your discretionary income and be consistent with your DCA. If your discretionary income is small, cut down your expenses and look for a second means of income.
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: bitbollo on October 17, 2025, 12:14:28 PM You had to see btc as another way to save your funds. In the past people were buying houses or shining rocks (like gold or silver).
Nowadays you can use a new medium of value, probably more efficient and even cheap (you can store for free). You should never force this kind of savings. The best approach could be a "planned approach" . Plans your savings your expenditures, and follow the fun! :) Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Hewlet on October 17, 2025, 12:27:17 PM Furthermore to simply end the topic the goal of investing should never be to be richer or truly to be better than someone. Having peace of mind is what will set one on a right path because then you won't be risking money you can't afford to lose and anything like competition won't be in your mind. As much as your ability to stay discipline can carry, try your best not to brag about the amount of bitcoin you are holding in the public and do not allow the fact that you are holding an higher amount of bitcoin than others get into your head such that you end up putting yourself in problem just because you want to satisfy your ego. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: macson on October 17, 2025, 12:30:31 PM 1).Set a budget that will help you decide on the amount of money you are willng to invest on a regular, and that money should never be borrowed money or cash that you will need urgently.. Investments need to be managed so as not to burden our finances, and therefore, only invest discretionary income, not borrowed money or money needed for urgent needs. Because the goal of investing is to gradually build wealth, it's not a race where people aggressively invest their money in the hope of making a quick buck. If someone thinks they can make a quick profit using borrowed money or money from urgent needs, they will ultimately only end up with significant losses and disappointment because the pressure to make immediate profits will lead them to make poor decisions. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: tech30338 on October 17, 2025, 12:45:13 PM I think others are busy accumulating bitcoin, they have no business or racing with someone to have more than others, the job is to have more bitcoin as possible in a lower price meaning people have to wait for the dip not buy when the price are at the top, its not accumulating its throwing money in the air, what will happen is you will end up, selling, buying the moment you realized the value of the money you are saving decreased, focus on your goal, other people have their own battles, so focus on yours.
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Catenaccio on October 17, 2025, 01:47:37 PM I think others are busy accumulating bitcoin, they have no business or racing with someone to have more than others, the job is to have more bitcoin as possible in a lower price meaning people have to wait for the dip not buy when the price are at the top, its not accumulating its throwing money in the air, what will happen is you will end up, selling, buying the moment you realized the value of the money you are saving decreased, focus on your goal, other people have their own battles, so focus on yours. It's a race, always, even you see it as a race or not. However, this race has two main steps: buying, accumulating bitcoins; and holding your bitcoin for profit. It's clearer now that accumulation is good but not enough if you can not hold your bitcoin a long time or better hold it longer time than the others for better profit.It means you can win in a first race part, by starting your investment earlier and accumulating more bitcoins than the others, but you can fail in a second race part, and at the end, you have less profit than late comers in this market. So, don't feel bad if you join this market later than the others, you can win against them by accumulating bitcoins determinantly and holding your bitcoins with good vision. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: ginsan on October 17, 2025, 02:41:20 PM 1).Set a budget that will help you decide on the amount of money you are willng to invest on a regular, and that money should never be borrowed money or cash that you will need urgently.. Investments need to be managed so as not to burden our finances, and therefore, only invest discretionary income, not borrowed money or money needed for urgent needs. Because the goal of investing is to gradually build wealth, it's not a race where people aggressively invest their money in the hope of making a quick buck. If someone thinks they can make a quick profit using borrowed money or money from urgent needs, they will ultimately only end up with significant losses and disappointment because the pressure to make immediate profits will lead them to make poor decisions. There is no such thing as quick and easy money in this world. If there is, the risk involved in that asset is certainly very high. That is the wrong way of thinking about investing. Investing is about building wealth slowly. I strongly agree with that, and we need to look at the risks of every asset we buy, including bitcoin. It must be based on risk management and our capabilities. Discretionary income is a good indicator of the finances you should allocate to investing in Bitcoin. Remember, don't rush to make quick profits in investing. Just be consistent, like Warren Buffett. He didn't accumulate his shares all at once when he started, but gradually and took advantage of momentum. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Jubilee58 on October 17, 2025, 03:31:02 PM For most Bitcoin or crypto enthusiasts they can easily get intimidated with what they hear and see online which if I may is actually a bad mentality At times you have to look beyond what you see on any social media Yes it's good to stay active and get new information/news and do quality research but but never get caugh up with words like I own a large portion of Bitcoin ,or i have been investing for years now and my investments have been going smoothly. No you shouldn't because most of them who are saying that might either be lying jusst to get people's attentions on their social media account and you listening to them might make you lose focus on learning. The only thing you will believe is what they said and If that happens all your focus will now be on how you can be like that. competing with someone you don't even know and don't know you. Most times it could even be a friend Because the guy made it or he or she is always telling you how profitable his investment is you yourself will now be trying as much as possible to reach where he is indeed that's a wrong move........That's why Bitcoin investment isn't about who gets rich first. No, it's a journey that you have to pass alone. Focusing only on your own future achievements...... However every investor has different starting points and different goals. For example... Everyone has different savings and source of income so never compare yourself with someone else because our goals as Bitcoin investors differ a lot. The time you buy isn't the same time another person or maybe your friend, buys so there shouldn't be a competition, because it might even lead to discomfort in the mind which can often lead to psychological effects in investing making you take irrational decisions......... Focusing on what you can do as a Bitcoin investor............ Instead of worrying about how you surpass others, you should take that time to focus on your own plans by implementing a well known strategy like the DCA Dollar Cost Averaging... And because of that you must: 1).Set a budget that will help you decide on the amount of money you are willng to invest on a regular, and that money should never be borrowed money or cash that you will need urgently.. 2). Follow your strategy no matter what even if the price of Bitcoin goes up or down, stay on track and buy according to your plans.. 3).Lastly when you are patient with your investment as time goes jyou will see that all those small amounts you have invested on a regular will be a significant big amount. by not trying to time the market and as well not competing with people you will see yourself growing gradually... Furthermore to simply end the topic the goal of investing should nnever be to be richer or truly to be better than someone. Having peace of mind is what will set one on a right path because then you won't be risking money you can't afford to lose and anything like competition won't be in your mind. That's why in the world of Bitcoin the only person you should be trying to compete with is yourself being better than your yesterday. That's just it ......Take your time stay consistent, and focus on your own journey........ You are very much right, bitcoin investing is never a wrestling bout where you would want to defeat your opponent, but a personal journey , so you decide when and how you want to go about it. As someone who is interested in accumulating bitcoin, you do that based on you strength, your financial ability, if you are not buoyant financially, start small and do not be discouraged by those who are investing very big amount of money, and sometimes it could be that they started earlier than you, so trying to be like them from the beginning might be discouraging to you. Meanwhile, as a bitcoin enthusiast your little beginning can actually fetch you something very huge in the future if only you can remain consistent and focused in your bitcoin journey. There are some strategies one can deploy to succeed while accumulating your bitcoin. You can decide to set a portion of your income aside and use it to accumulate your bitcoin, and if you are consistent with this method, before you know it, you will gather reasonable amount of bitcoin. Use reputable exchanges in your bitcoin accummulation, as a reputable exchange can enhance the security of your bitcoin as you store it in their cold wallet, and also enable you to lockup your bitcoin for a period of time in other to have some reward from your locked bitcoin. While accumulating your bitcoin, have a clear goal for your bitcoin investment, decide if you are in the business for term or for long term period, but it is advisable to accumulate your bitcoin with long time goal, because historically, bitcoin is known to deliver huge profit when you invest for long term. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Dogedegen on October 17, 2025, 04:49:19 PM In a way you are right, but in another way you are completely wrong. It absolutely is a competition. Everything about capitalism and the modern world is about competing. A globalism includes everyone in the world and as we have more and more inflation that means that the competition is heating up. Either you will be riding the wave as a champion or you will sink along with most people. You don't get to choose whether it is a competition or not! You merely get to decide if you want to be competitive or not. In either way you are part of the competition. I think a lot of people have an issue with this realization that this is completely out of their control and there is nothing that they can do about it.
Bitcoin's supply is limited, its price continues to rise and more and more people show a desire to acquire it. This means that if you don't act now and do a lot of work the amount that you can acquire in your life will continue to shrink. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: SmartGold01 on October 17, 2025, 04:55:47 PM Investment is a choice and whether you invest and another invest doesn't mean they are doing competition but they are solely doing their investments, and it's their choice to invest in Bitcoin also Bitcoin is an open assets for everyone which they could also invest than any other choices of investment. Although, I am picking up this answer based on your post title as most time title easily expressed the body of the content. Anyone can decide to invest in any coin they want just that it is just a wish for them to chose whatever investment they want, someone investing on altcoin doesn't mean that person doesn't know what they are doing or someone investing in Bitcoin has the utmost sense and reasoning, it's just a choice and how quickly they wish make profits from.
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Zoomic on October 17, 2025, 05:31:54 PM No one is doing competition with you , you choose to pressure your by yourself the only competition btw yourself and no one else , when come to bitcoin . But you can be inspired by others wins and progress and use it as an instrument of growth and determination, that’s why I tell folk that you can start accumulating with any amount you can afford. No one is forcing anyone to go beyond their budget accumulate according to your convenient. Because if you try to go faster with over aggressive buying you only ruin your investment too early . Is one even supposed to know that you are accumulating bitcoin? let alone to compete with you. Bitcoin is a coin that encourages privacy and security. So going around to announce to people and inquire how much how neighbor or friend invested in order to to surpase him is a total waste of time.There is DCA which encourages everyone to invest as they can, as they earn and as it will not affect them. So, doing it in private gives more peace of mind than being in competition with anyone. I wish Op will read your response and learn more. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: retaur on October 17, 2025, 05:38:13 PM Yes. Buying low and selling high does better than hodling but it takes more demands than hodling does.
Hodling and dcaing to hodl have both done well in the past but you're unlikely to 10x by holding alone over the span of a year or a cycle. You're far more likely to do that with an altcoin you've found that does what it says (but don't get distracted by confirmation bias and check the teams - most valuations are hard to predict by newbies and often can be factored in in advance). Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Itz-prisigold on October 17, 2025, 05:52:33 PM Fact bro, you really said it well. What you've said really highlights a problem many investors face. But sincerely , I think the greater problem is that many people jump into Bitcoin even without knowing why they are doing it. A lot of novice get lost not only because of comparison, but because they did not really define why they are investing in the first place.
Before you even start buying anything, you have to know your goals. Are you investing for long term financial freedom or simply because you hear others talking about it? When you have gotten a clear reason for investing, you won't be easily shaken by publicity, fear or what others post. And another thing, Bitcoin will definitely test your emotions like crazy. One minute the price is going up, the next minute it's going down. If you can't control your emotions, you will definitely panic, sell or start chasing losses. That is the place where patience and discipline comes in. At the end , the goal it's not about who gets rich quick, it's all about who is smart, stay cool and keep learning, instead of competing or comparing, just stay focus on understanding the system and self improvement Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Youngrebel on October 17, 2025, 07:50:23 PM Exactly. Many people want to acquire bitcoin because their friends have invested in good number of bitcoin. But you have to ask yourself the kind of job your friend is doing to buy bitcoin. According to a saying "Cut the coat according to your size". Invest in bitcoin whatever you have and not to follow others. And the best way to invest is DCA. You can buy $20 every week or month to acquire your bitcoins gradually.
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Bright0515 on October 17, 2025, 08:12:39 PM And investor should not try to compete with anyone because every investors have their standards and financial status. I think new investors will want to compete with the old investors which is why they make many mistakes. Old investors knows the market very well because they have been into it for long time so they understand the market, but new investors that might want to compete with the old investors get panicked when Bitcoin dip.
Exactly. Many people want to acquire bitcoin because their friends have invested in good number of bitcoin. But you have to ask yourself the kind of job your friend is doing to buy bitcoin. According to a saying "Cut the coat according to your size". Invest in bitcoin whatever you have and not to follow others. And the best way to invest is DCA. You can buy $20 every week or month to acquire your bitcoins gradually. Joining an investment because your friends are doing it is not bad but it can affect the person when he put in competition between him and his friends. Although the word nowadays is all about competition. So many people with potentials have also belittled themselves because they can not afford what their friends can.Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Obim34 on October 17, 2025, 08:56:03 PM Furthermore to simply end the topic the goal of investing should nnever be to be richer or truly to be better than someone. Having peace of mind is what will set one on a right path because then you won't be risking money you can't afford to lose and anything like competition won't be in your mind. That's why in the world of Bitcoin the only person you should be trying to compete with is yourself being better than your yesterday. That's just it ......Take your time stay consistent, and focus on your own journey........ In my opinion, the end point of every investment is to make profits including Bitcoin. I'm not into Bitcoin because i was pressured, saw the trend or trying to compete among those who made me learnt and become interested about Bitcoin. Investors should understand that "it is not just of he that started (invest) but of he that finish well (profit)", the whole process of accumulation won't be said to be complete if investors at the end do not make profits or lacks patient through the whole process till his/her investment is mature enough for profits. If you don't see the utility in any investment don't risk it, not minding with highest potential of must returns, an investor must be knowledge about the pros and cons of every investment, a healthy investment strategy will always pass through every cycle without crashing. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Cyber_warrior on October 17, 2025, 09:13:54 PM Why should you even do competition with anyone, it’s totally wrong, our financial condition is completely different, so because someone else is pumping money into bitcoin investment, that doesn’t mean you shouldn’t frustrate yourself to do the same thing, always invest according to what you have, invest what you can afford to lose, don’t let some people deceive you about their bitcoin investment. Some people will tell you they are investing heavily in bitcoin, but don’t be surprise that they don’t hold any bitcoin, they just trying to make themselves feel big.
Am motivated to invest whenever I see people investing in bitcoin, but I don’t do competition with anyone, if you are investing more than me, then congratulations, life isn’t difficult, I also have people that wish they holding the amount of bitcoin am having. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Slitters riot on October 18, 2025, 06:43:47 AM Bitcoin accumulation is not many things.
It is not a competition like you said, its also not a must like your life depends on it, don't accumulate Bitcoin with loan money, remember that not all investors in this world end up becoming a winner, some of them go broke for others to become successful. Investing in bitcoin doesn't mean you will be successful, some plan still need to be in place, like securing your job and saving some money for emergencies, if you have a family you are looking after always make sure that emergency fund is saved. Many people started accumulating for years only for their loved ones to get sick and they had no choice but to sold all their bitcoin because that's all they have, be fully prepared. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Zigabel on October 18, 2025, 01:20:57 PM I see no reason why anyone should be in any form of competition when they are tryin to stack up some Bitcoin investment because that will only ruin them, Bitcoin isn't an investment that wan competes about because at a point if you feel you've got a good holdings, i can assure you some one else out there has got better Holdings, so at the end of the day you ask yourself what exactly was the point? do the most that you can at every point and let the rest be, competition will only get you burning your fingers so its best you know what works for you and stick to it than trying so hard to level up with some one you may not have known how well they did to get to wherever it is they are at the time you are trying to compete.
There shouldn't be any form of competition in investing because your capacities may not be same and the purpose for investing may definitely not be same so it really becomes needless trying so hard to wan to do exactly that which some other person is doing which may come at some extra cost that may affect you in several other ways not as it is to the person from which you are trying to copy. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Pumpsta on October 18, 2025, 01:44:22 PM It’s baffling the way some people think these people on the internet always get it right & always have such a perfectly luxurious lifestyle. Come on, be real.. the losers just ain’t getting attention because copium & hopium feels better than reality.. we really gotta just fight our way and for the things we need, the rest of the world can continue pretending, who cares!? :D
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Joy- maker on October 18, 2025, 01:50:53 PM This is the aspect where most bitcoin investors get it wrongly, they see this space as a competitive space which it's not, and when will go deep down those investors seeing this space as a competitive space are the ones in competition with themselves, they put themselves under pressure over nothing, they are quickly move with what they see online which is very bad, because those things we see online not all are real some are make up stories just to attract the attention of the audience. IMO only invest in bitcoin within your Discretionary income, don't get triggered with amount other people are investing in bitcoin and over do within your Discretionary income or capacity, because everybody's capacity and source of income are not the same, you can be investing $50 to $60 in bitcoin depending on your discretionary income and another person might be investing $500 to $1000 nobody here cares provided you are guys are consistent in accumulating bitcoin to hold for long term.
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Dogedegen on October 18, 2025, 04:43:23 PM Yes. Buying low and selling high does better than hodling but it takes more demands than hodling does. It is not better than holding. All it takes is 1 mistake and you have undone all the previous success and are worse off than someone who held.Hodling and dcaing to hodl have both done well in the past but you're unlikely to 10x by holding alone over the span of a year or a cycle. You're far more likely to do that with an altcoin you've found that does what it says (but don't get distracted by confirmation bias and check the teams - most valuations are hard to predict by newbies and often can be factored in in advance). There is nobody doing a 10x consistently with trading in a year. Forget about these magical fairy tales and look up survivorship bias. In my opinion, the end point of every investment is to make profits including Bitcoin. I'm not into Bitcoin because i was pressured, saw the trend or trying to compete among those who made me learnt and become interested about Bitcoin. Bitcoin is an end in itself. The need for profit comes from the fact that you are still deeply entangled into the fiat system.It’s baffling the way some people think these people on the internet always get it right & always have such a perfectly luxurious lifestyle. Come on, be real.. the losers just ain’t getting attention because copium & hopium feels better than reality.. we really gotta just fight our way and for the things we need, the rest of the world can continue pretending, who cares!? :D I hope that I understood you correctly in which case you are in agreement with me. Anyone who claims that trading is better than hodling is deeply fooling himself. Pretty much nobody makes consistent gains in trading especially not in crypto trading. Read my topic bitcointalk.org/index.php?topic=5558812.Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Bitcoin Smith on October 18, 2025, 05:23:40 PM Exactly. Many people want to acquire bitcoin because their friends have invested in good number of bitcoin. But you have to ask yourself the kind of job your friend is doing to buy bitcoin. According to a saying "Cut the coat according to your size". Invest in bitcoin whatever you have and not to follow others. And the best way to invest is DCA. You can buy $20 every week or month to acquire your bitcoins gradually. As long as someone is investing their money in bitcoin instead of borrowing then it is good which means even if they turned into very minimalist just to save the living expenses and want to hold more bitcoin. But we also need to realize that when someone consider bitcoin as investment means they want the returns from it so maximizing the potential returns is good but don't push it too hard to the level which may affect you mentally and physically because living in the present is more important too as same as thinking about the future. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: JiiBs on October 18, 2025, 08:12:13 PM Am motivated to invest whenever I see people investing in bitcoin, but I don’t do competition with anyone, if you are investing more than me, then congratulations, life isn’t difficult, I also have people that wish they holding the amount of bitcoin am having. This is actually the benefit that could come from such an informal means to accumulation of Bitcoin. It is true that it ain’t no competition but, should a group of friends or like minded investors choose to race themselves to a certain number of Bitcoin holdings, it could as well serve them well in the long run but, would stretch the finances of some, affect their mode of life and living conditions and when the market dips, not many would be able to bear in the best means. Which means, before you decide to involve yourself in any form of competitive accumulation journey, be open to whatever the market might bring and know that, their are levels to how every individual finances can be stretched, if you can endure bad market conditions. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Ruttoshi on October 18, 2025, 08:35:28 PM Which means, before you decide to involve yourself in any form of competitive accumulation journey, be open to whatever the market might bring and know that, their are levels to how every individual finances can be stretched, if you can endure bad market conditions. Anyone that want to be in competition with hia friends should ask himself if he is working in the same office where his friends are working and how much is his income. There's no need to be in an accumulation race with anyone so that you don't make mistakes that will make you sell any of your bitcoin when it's not of your will.Everything cannot go smoothly for us as we wany it to be on your bitcoin investment journey. There are some challenges that you will come up that will eat up all your discretionary income in a certain month in which it will deprive you from buying bitcoin that month, there is nothing that you can do about it than to skip buying bitcoin that month. This is why been in competition is not a good idea. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Fiasem20 on October 18, 2025, 08:41:18 PM Op you're actually correct,the world we're living now is so full of competition,when you know your strength you won't be enticed to be in unnecessary competition with nobody.Be you,stay true to yourself and do whatever you know will be profitable to you effortlessly.It's now becoming tiring in the ears when I hear investors fighting each other on who will accumulate the fattest coin,by doing that envy and hatred will start developing in the heart of those that have decided to carry out such competition.
Invest on what you can afford to lose and not the other way round,many investors has even gone extra mile to sell their valuables just to boost their holdings and at the end of day they sell their holdings prematurely because there was no proper planning. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Ziskinberg on October 18, 2025, 09:26:46 PM While it shouldn’t be a competition, but its inevitable to see that most of those who enter the market is seeing a competition, probably because we humans are born to be competitive. But the real challenge when it comes to bitcoin investment is not actually how many bitcoins you were able to accumulate or how far your profits have gone, but it’s actually how long you were able to sustain your bitcoin investment and making it grow every time.
Patience is the best virtue for a volatile investment like bitcoin. Excellent rewards are waiting ahead for those who can be patient and stay focused on their investment, but for greedy investor like newbies, they fail to see the value of long term investment for bitcoin most especially that they can be easily get distracted and end up selling at a loss. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Stepstowealth on October 18, 2025, 09:37:58 PM For most Bitcoin or crypto enthusiasts they can easily get intimidated with what they hear and see online which if I may is actually a bad mentality ... It is individuals who choose to be intimidated that get intimidated because you can actually be motivated from what you see online. There is good competition and there is bad competition, there is a competition that makes you get discouraged on your actions that you are taking while there is a competition that you get engaged in that motivates you to even do better. I feel like when you come across people who tell you how much they've been able to accumulate in Bitcoin you should not get demotivated but rather be motivated by it, that if someone can be able to accumulate such an amount then you also can do the same. Having such a mindset can make you more dedicated in your accumulation and holding of Bitcoin.Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Odogwu-Blockchain on October 18, 2025, 10:26:48 PM Whats the point of being in competition with billion of investors in the world that you dont even know, what kind of pride and ego such competitive investor should get for doing that, thats such a stupid movement.
How many investor you want to intimidate and how many investor will intimidate you, because there are many investors richer than you out there. Who are you? it doesnt make any sense having this kind of thought of accumulating so so number of bitcoin than so so number of person, bullshit Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Rustam Meraj on October 19, 2025, 01:41:05 AM This is very important since you need right way of thinking to do well in crypto and you are right that social media is distraction where people mostly try to fool you about their huge gains to get attention which results in very dangerous comparison problem where people take bad chances and become stressed. Truth is that investing in Bitcoin is alone process since each person has their own starting point and aims, and thus you should not compete with another person. Easiest way to keep your mind and your money safe is to use DCA, which is simple strategy and almost everyone knows about it. Real goal is your future and in Bitcoin, you must just try hard to be better than you were.
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Chinesebaby on October 19, 2025, 04:10:28 AM Yes, you are absolutely right, as Bitcoin accumulation shouldn't be regarded as a competition, since it's not everyone who has the financial strength to be able to acquire as much Bitcoin as possible, but rather what should be regarded as a competition is our readiness to protect our Bitcoin from scam at all cost, since it's actually not easy to accumulate the least fraction of Bitcoin, with the mindset of holding for a term term. However, dollar cost averaging method of accumulating Bitcoin should be our top most priority, since it allows us to be able to accumulate the least we can afford to buy at each consecutive times.
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Outhue on October 19, 2025, 09:05:15 AM You will have to see what others are holding before you can be motivated to the point where you want to surpass them, you can't challenge what you don't know.
This is why I believe that this discussion/topic makes less sense to me, to challenge a friend I need to know his worth, if someone said they have BTC it can be $10 worth BTC, or more but if I can't figure out how much in figures why should I try to surpass them? Maybe family or friends? This is the only way this can make sense. One part is true to this though, some people take bitcoin adoption too seriously, I was in that shoe once and it cost me my health, I nearly kicked the bucket, after skipping several foods and also stressing myself like trekking instead of taking cab to school, I did this for a year and half but the end result isn't worth it. If something bad had happened to me it would be the end, no one will be able to spend the bitcoin that I accumulated and everything will go to waste. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Porfirii on October 19, 2025, 01:08:04 PM Why should you even do competition with anyone, it’s totally wrong, our financial condition is completely different, so because someone else is pumping money into bitcoin investment, that doesn’t mean you shouldn’t frustrate yourself to do the same thing, always invest according to what you have, invest what you can afford to lose, don’t let some people deceive you about their bitcoin investment. Some people will tell you they are investing heavily in bitcoin, but don’t be surprise that they don’t hold any bitcoin, they just trying to make themselves feel big. -snip- Yes, that's what this whole topic is about. Unfortunately what seems so reasonable when we analyse it objectively, is hard to understand when we suffer it. The humans are emotional animals with the ability to reason, and not reasonable animals with the ability to feel, like we've taught for centuries. Not only with finances, but with many other aspects in life, I have witnessed lately in my life that many people make important decisions in their lives because of pure envy. And envy could be seen as a disease that is suffered more by those who experience it than those who are envied. We can feel motivated to overcoming challenges because of the comparison with others, but that shouldn't destroy our essence and control over our own lives. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Dogedegen on October 19, 2025, 02:13:37 PM Which means, before you decide to involve yourself in any form of competitive accumulation journey, be open to whatever the market might bring and know that, their are levels to how every individual finances can be stretched, if you can endure bad market conditions. Anyone that want to be in competition with hia friends should ask himself if he is working in the same office where his friends are working and how much is his income. There's no need to be in an accumulation race with anyone so that you don't make mistakes that will make you sell any of your bitcoin when it's not of your will.Whats the point of being in competition with billion of investors in the world that you dont even know, what kind of pride and ego such competitive investor should get for doing that, thats such a stupid movement. It is not whether you want to compete with others or not, you are in this race at all times. That is a negative effect of a globalized economy. You are competing with everyone. If you don't want to work harder to earn more or acquire more, someone else will. Because they do it, you are worse off or losing. There's no way to escape this.Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: retaur on October 19, 2025, 10:32:06 PM Yes. Buying low and selling high does better than hodling but it takes more demands than hodling does. It is not better than holding. All it takes is 1 mistake and you have undone all the previous success and are worse off than someone who held.It does a lot better in bear systems but it's not completely redundant in a bull market. If we're ranging for a while and you sell the resistance. You'll usually end up in profit by just waiting or can buy it back at a tiny loss. You've evolved well from your username though :). Hodling and dcaing to hodl have both done well in the past but you're unlikely to 10x by holding alone over the span of a year or a cycle. You're far more likely to do that with an altcoin you've found that does what it says (but don't get distracted by confirmation bias and check the teams - most valuations are hard to predict by newbies and often can be factored in in advance). There is nobody doing a 10x consistently with trading in a year. Forget about these magical fairy tales and look up survivorship bias. I'm not doing it every year but every so often something new comes along that looks undervalued and that value gets swept up. You have to be quick with it though and know what you're doing. In my opinion, the end point of every investment is to make profits including Bitcoin. I'm not into Bitcoin because i was pressured, saw the trend or trying to compete among those who made me learnt and become interested about Bitcoin. Bitcoin is an end in itself. The need for profit comes from the fact that you are still deeply entangled into the fiat system.Bitcoin's deflationary, Fiat's inflationary but fiat has a more widespread acceptance for a means of exchange. It's also possible they meant they were selling profits into other earnings such as equities or a business (which could return more Bitcoin). This is very important since you need right way of thinking to do well in crypto and you are right that social media is distraction where people mostly try to fool you about their huge gains to get attention which results in very dangerous comparison problem where people take bad chances and become stressed. Truth is that investing in Bitcoin is alone process since each person has their own starting point and aims, and thus you should not compete with another person. I'm sure I've seen posts about how easy it is to hire a Lamborghini etc for only a few hundred $s and film an advert that shills a trading course. That sounds about right for what a lot of them do (most successful people that do "trading" sell their image and course or are sat in front of several computer screens as a statistician for a large firm). Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Questat on October 19, 2025, 11:41:26 PM People aren’t in the same level, financially, mentally and emotionally. So the higher your earning potentials, the more you can buy and accumulate bitcoin. However for those who are just small time earners, their potential to invest in bitcoin is also limited since their funds are budgeted.
Life isn’t even a competition, so there’s no reason to compete with bitcoin accumulation as well. We all have freedom to invest, although we don’t invest on the same level. Instead, just invest with calmness and without pressures, because when you invest at peace, the rate of success for your investment is also high. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Razmirraz on October 20, 2025, 05:28:59 AM What others have achieved is only a motivation to raise the spirit in accumulating as much Bitcoin as possible, it is clear that this is not a competition, everyone has their own way and method in collecting Bitcoin depending on the amount of funds they are ready to invest. You just need to try to find a way to keep income from other sources flowing consistently, after allocating a portion of your income for primary needs, the rest can be used to accumulate Bitcoin. It should be underlined that no one is forcing you to invest. It is clear that this action is purely based on your own desire to gain long-term profits.
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Juicyhome on October 21, 2025, 10:55:28 AM What others have achieved is only a motivation to raise the spirit in accumulating as much Bitcoin as possible, it is clear that this is not a competition, everyone has their own way and method in collecting Bitcoin depending on the amount of funds they are ready to invest. You just need to try to find a way to keep income from other sources flowing consistently, after allocating a portion of your income for primary needs, the rest can be used to accumulate Bitcoin. It should be underlined that no one is forcing you to invest. It is clear that this action is purely based on your own desire to gain long-term profits. Nice one mate, many people do not understand Bitcoin, they just follow the news and invest without proper understanding, when Bitcoin p to ice is high and those that bought early showcase their profits online. Because of excitement you will just buy just to feel among. Then when it drop ,you begin to tag Bitcoin as a scam project. Things don't work like that in Bitcoin, you buy base on your pocket, if you're not making much money buy with the little you have, Don't follow the crowd to buy. Many has many sources of income,so if they invest huge sum in Bitcoin investment they won't feel it the way you will feel. Bitcoin investment is here to stay, do don't panic,but and hold base on your earning. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: palle11 on October 21, 2025, 12:23:39 PM Am motivated to invest whenever I see people investing in bitcoin, but I don’t do competition with anyone, if you are investing more than me, then congratulations, life isn’t difficult, I also have people that wish they holding the amount of bitcoin am having. There is no competition in live but what it is suppose to do is to help someone build a zeal from someone. Most people don't get to do things themselves, they need some push before they can get up to do something. If you see people that are investing, you should also get an encouragement to do so at least little investment where you won't feel bad if anything happens wrong. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Dogedegen on October 21, 2025, 03:37:52 PM It does a lot better in bear systems but it's not completely redundant in a bull market. If we're ranging for a while and you sell the resistance. You'll usually end up in profit by just waiting or can buy it back at a tiny loss. It does, but you if you buy at peaks before a bear market then that is the equivalent of doing the worst trades possible. If we compare on average the competency of people and their trading skills, you would see that the data definitely shows that for most people it is better to hold and forget that trading even exists.You've evolved well from your username though :). It could also be a play on the altcoiners that you have to be degen to like stuff like DOGE, ya know? :PI'm not doing it every year but every so often something new comes along that looks undervalued and that value gets swept up. You have to be quick with it though and know what you're doing. If you are lucky and competent you may succeed, most will not. This is why it is not good to recommend this to everyone. How many people have lost money in ICOs, NFTs, memes and other stuff? How many have made money? Much fewer than those that lost money.There is no competition in live but what it is suppose to do is to help someone build a zeal from someone. Most people don't get to do things themselves, they need some push before they can get up to do something. If you see people that are investing, you should also get an encouragement to do so at least little investment where you won't feel bad if anything happens wrong. I repeat again this is not true. The whole essence of capitalism and globalization is about competition. Everything is a competition. Refusing to acknowledge it does not mean that you are not a participant, it just means that you will stay a loser. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: osasshem on October 21, 2025, 04:07:01 PM Why take it as competition, instead of taking it as a form of motivation, taking the first leap on making your first investment, and let their wins be your driving force to continue with the little you can take into the system as your amount of investment on regular basis, using the DCA method. Anyone with the right mind in this crypto community, will find out that the road is broad for everyone to take their own path, where no one will say you are too early or too late to be part of the journey.
If there be any form of competition, it should be within one's self, on how to create a process on increasing your investment capital when DCAing. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Awaklara on October 21, 2025, 04:50:29 PM Focusing on what you can do as a Bitcoin investor. If you are serious about investing in Bitcoin, you should indeed focus on your investment. It doesn't matter which investment method you use, there is no need to compare it with other people's investments. Besides, if you are investing, would you share the amount of your portfolio with others? I don't think so. So, make your investment for yourself and based on your own capabilities. Because in the future, the one who will enjoy the results of the investment is you.Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: kasablings on October 21, 2025, 05:02:45 PM When it comes to investment in Bitcoin is an individual decision,I could remember when I heard about Bitcoin and wanting to invest it too me time to make a decision, on it,and when I was ready it was my extra funds have saved I used in investing so if anything go wrong I won't feel bad.so you in no competition with anyone,you are the one working for your money so you are best to no what is coming in and going out to no when to make your decisions.
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: SOKO-DEKE on October 21, 2025, 05:20:46 PM Furthermore to simply end the topic the goal of investing should nnever be to be richer or truly to be better than someone. Having peace of mind is what will set one on a right path because then you won't be risking money you can't afford to lose and anything like competition won't be in your mind. That's why in the world of Bitcoin the only person you should be trying to compete with is yourself being better than your yesterday. That's just it ......Take your time stay consistent, and focus on your own journey........ I will like to say this is the point some people are lacking in the Bitcoin investment space.Once someone is investing in Bitcoin and targeting a very high return like hoping to become rich in the near future they may invest even what they are not supposed to invest. This let them puts pressure on themselves and even if there is a small fall in Bitcoin, they become worried and start panicking. This has led some people to sell their Bitcoin at the wrong time despite have better plane before they start. If someone wants to truly enjoy Bitcoin investment, they should always invest from their discretionary income, not with money they may need in the near future. They should also try to have an emergency fund, because that is very important when it comes to Bitcoin investment. It can always be used to solve unexpected problems that may arise in the future.But if you have the mindset that you want to compete with others in terms of Bitcoin investment, you will most likely invest wrongly trying to invest with any money you have, just to keep up. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: uchegod-21 on October 21, 2025, 05:45:30 PM Apart from being in a competition with anyone, I think it is neccessary to add that no one should feel pressured to invest in bitcoin. There will be hypes, there will be people who flaunt money online to let everyone know that they are bitcoin Lords. No newbie should feel pressured by any of these to invest in bitcoin when he is not ready.
A newbie needs to be ready financially. If he wants to buy lump sum, he should have the capital available and also a job or source of income that can pay his bills so he doesn't rely on his investment. If he wants to invest DCA, he should be ready for it too. A newbie also needs to be psychologically ready for the risks involved and equip himself adequately with the right information to navigate through the risks. No rushing, no pressure, no competition. Just him doing his own thing at his own pace. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: ColdLava40 on October 21, 2025, 07:48:47 PM Todays society is filled with competitions. Many people on social media posting videos and images of their lifestyles and many of them are just living fake life's trying to impress others.
Investing in bitcoin should have nothing to do with competitions. There are people who knew bitcoin since the day one and till date they never crossed their mind to purchase even a sat. We can't compare our selfs because we are much better than them. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: adultcrypto on October 21, 2025, 08:00:46 PM Investment in general is an individual thing and asset like bitcoin that makes privacy possible does not even need to be purchased through the ideas of another. It is not competition because it should be made with only discretionary income which is money left after you have settled your basic needs. People's discretionary income differs so the job is for the individual to find out what his discretionary fund is and make investment from there. Investing outside discretionary income will create some form of panic that can lead to early liquidation. Hence, bitcoin investment cannot be a competition.
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Judith87403 on October 21, 2025, 10:18:20 PM This is a very nice and interesting topic, and sure trying to make our portfolio to look like that of others is the reason why most people always end up selling thier holdings for short term. Because when you're trying to compete with others and it happens that you don't have all it takes to do that you will be forced to go for loan or do something you never thought nor imagine just so that you can still be in the competition, just as most Investors go in search of where to take loan just so that they can buy aggressively which is very wrong, buying aggressively is not a bad idea but we shouldn't think of overdoing it just because we see other Investors extending thier aggressiveness, we should know that the size of discretionary funds is not always equal. The size of thier discretionary funds can be 10x your own discretionary funds so this are things we need to understand.
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Hyphen(-) on October 21, 2025, 10:30:58 PM Yes. Buying low and selling high does better than hodling but it takes more demands than hodling does. But when talk about buy when the price is low and sell when it is high it is suitable with altcoin so that you can make quick profit and move on; it can also applicable to Bitcoin investment but for people that willing to accumulate enough Bitcoin in their portfolio, they can’t do that since they don’t know if they can have the opportunity to buy at that low price again, and if they sell off, the money might not be enough to buy back that same fraction of Bitcoin you sold.Hodling and dcaing to hodl have both done well in the past but you're unlikely to 10x by holding alone over the span of a year or a cycle. You're far more likely to do that with an altcoin you've found that does what it says (but don't get distracted by confirmation bias and check the teams - most valuations are hard to predict by newbies and often can be factored in in advance). The possible way to do it is to reserve some money for short term trading if you are interested, and have your Bitcoin investment separate, you can be topping g the wallet whenever you have the opportunity of buying at a very low price, and you also be using your profits to be accumulating more Bitcoin, you will be happy with the outcome in few years to come. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Abu-Naim on October 21, 2025, 10:53:28 PM When it comes to investment in Bitcoin is an individual decision,I could remember when I heard about Bitcoin and wanting to invest it too me time to make a decision, on it,and when I was ready it was my extra funds have saved I used in investing so if anything go wrong I won't feel bad.so you in no competition with anyone,you are the one working for your money so you are best to no what is coming in and going out to no when to make your decisions. Yes, all investments requires personal decision, you can’t rely on someone’s decision when you are to use your money for investment, do not enroll yourself in any competition regarding investment be it crypto, Bitcoin or any form of investment because it will lead to FOMO when dealing with Altcoin and in terms of trading. Before you can decide on investing on any currency or any investment, you need to do further research and be satisfied with the outcome before you start the investment. Use what you can afford to lose because crypto market is very risky. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: CryptopreneurBrainboss on October 21, 2025, 11:29:57 PM Furthermore to simply end the topic the goal of investing should never be to be richer or truly to be better than someone. Having peace of mind is what will set one on a right path because then you won't be risking money you can't afford to lose and anything like competition won't be in your mind. Competition aren't bad when they're healthy, they should motivate you to do better and not bring envious behaviour to your mind. A little competition is healthy but you should know when it's going out of hand and take back control. Accumulating Bitcoin isn't a do or die affair and shouldn't be one that takes away your peace. It's all an individual tasks to accumulate Bitcoin so you don't necessary have to own more than your neighbour, what matters is being able to own the amount that you can hodl without panicking when the market is correcting because it's not all about hodling but can you withstand the pressure from the market when things starts turning red. The crypto market doesn't have a stable movement so the charts won't be showing green all the time and it's during in this times that the true holders are known. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: KingsDen on October 21, 2025, 11:44:44 PM Furthermore to simply end the topic the goal of investing should never be to be richer or truly to be better than someone. Having peace of mind is what will set one on a right path because then you won't be risking money you can't afford to lose and anything like competition won't be in your mind. Competition aren't bad when they're healthy, they should motivate you to do better and not bring envious behaviour to your mind. A little competition is healthy but you should know when it's going out of hand and take back control. Accumulating Bitcoin isn't a do or die affair and shouldn't be one that takes away your peace. It's all an individual tasks to accumulate Bitcoin so you don't necessary have to own more than your neighbour, what matters is being able to own the amount that you can hodl without panicking when the market is correcting because it's not all about hodling but can you withstand the pressure from the market when things starts turning red. The crypto market doesn't have a stable movement so the charts won't be showing green all the time and it's during in this times that the true holders are known. I may not a agree with you about healthy competition in this context. There's no suppose to be a competition here. We could say motivation. When someone close to you is accumulating, they might motivate you to do so and not to enter into any competition, be it healthy or not. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: KiaKia on October 22, 2025, 08:11:00 AM Rule out competition from your life and see how miserable you will become, everyone have turned competition into the devils tools and they are all wrong.
Too much of competition is the problem, you are at the point of doing way too much because you want to be better, the challenge shouldn't be against the world but to better yourself. Competition is a good thing, it makes us reminds ourselves who we are and why we shouldn't just sit down and do nothing about our lives, get things done but don't overdo it, because at that point you will start sacrificing what you shouldn't. Your health for example, you will hardly be happy with yourself, you will easily be depressed too. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: ultrloa on October 22, 2025, 10:12:48 AM Furthermore to simply end the topic the goal of investing should never be to be richer or truly to be better than someone. Having peace of mind is what will set one on a right path because then you won't be risking money you can't afford to lose and anything like competition won't be in your mind. Competition aren't bad when they're healthy, they should motivate you to do better and not bring envious behaviour to your mind. A little competition is healthy but you should know when it's going out of hand and take back control. Accumulating Bitcoin isn't a do or die affair and shouldn't be one that takes away your peace. It's all an individual tasks to accumulate Bitcoin so you don't necessary have to own more than your neighbour, what matters is being able to own the amount that you can hodl without panicking when the market is correcting because it's not all about hodling but can you withstand the pressure from the market when things starts turning red. The crypto market doesn't have a stable movement so the charts won't be showing green all the time and it's during in this times that the true holders are known. I may not a agree with you about healthy competition in this context. There's no suppose to be a competition here. We could say motivation. When someone close to you is accumulating, they might motivate you to do so and not to enter into any competition, be it healthy or not. Maybe some people look at the other peoples holding and try to chase then compete with this people. I see that thing as healthy action since they somehow have an intention to accumulate more Bitcoin and maybe they are just been challenge for big holders they have seen. But somehow I get your point since there are people also try to became more better and think about the one they need to defeat is their old version. They want to perform more better than what they do yesterday and somehow this is good because with this they won't get bothered by any unnecessary noises. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Webutxo on October 22, 2025, 12:15:12 PM Yes. Buying low and selling high does better than hodling but it takes more demands than hodling does. Hodling and dcaing to hodl have both done well in the past but you're unlikely to 10x by holding alone over the span of a year or a cycle. You're far more likely to do that with an altcoin you've found that does what it says (but don't get distracted by confirmation bias and check the teams - most valuations are hard to predict by newbies and often can be factored in in advance). This is going to course you more than you are going to make. Actually people make money from trading because it's easy to make money from both ways of the market but do you have the experience and time to do that? Chasing profits from one coin to another can be dangerous, you don't know which trade you will make and don't go as you expected, always better to hold particularly when you don't have the time for trading. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: albon on October 22, 2025, 02:42:05 PM Many of those who currently hold large amounts of Bitcoin actually started with small amounts and over time increased their holdings. Many of those whose investments are going smoothly now have gone through difficult periods when the value of their Bitcoin dropped and faced bear markets. Each person has their own journey and story, and many will learn a lot over time until they reach their investment goals and achieve profits.
The competition to make profits and collect more Bitcoin should be a challenge with yourself, not with others. There’s no need for people to know the details of your investments, nor for you to know theirs, Privacy is important in this field. Also, if you want to challenge yourself to reach what someone else has achieved, I think that will give you the motivation and persistence, but we must truly know that each person has their own share of luck and strategy and capital that differs from us, so we must keep that in mind.. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: tbct_mt2 on October 22, 2025, 03:00:45 PM Many of those who currently hold large amounts of Bitcoin actually started with small amounts and over time increased their holdings. Many of those whose investments are going smoothly now have gone through difficult periods when the value of their Bitcoin dropped and faced bear markets. Each person has their own journey and story, and many will learn a lot over time until they reach their investment goals and achieve profits. Investment in Bitcoin is either easy or hard, it depends on your knowledge about Bitcoin technology, its market history from proce, psychology cycle, news and fud used in this market. Then your own preparation from finance to investment capital and how you manage risk during your accumulation and investment. If you can do these things well, your investment experience would be easy, otherwise you will feel super hard to survive and get profit in this volatile and manipulative market.Quote The competition to make profits and collect more Bitcoin should be a challenge with yourself, not with others. There’s no need for people to know the details of your investments, nor for you to know theirs, Privacy is important in this field. That's true with reasons as well as requirements for success in this market as I discussed above. Winning ourselves is more important than beating the market.Also, if you want to challenge yourself to reach what someone else has achieved, I think that will give you the motivation and persistence, but we must truly know that each person has their own share of luck and strategy and capital that differs from us, so we must keep that in mind.. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Ever-young on October 22, 2025, 05:38:00 PM Exactly. Many people want to acquire bitcoin because their friends have invested in good number of bitcoin. But you have to ask yourself the kind of job your friend is doing to buy bitcoin. According to a saying "Cut the coat according to your size". Invest in bitcoin whatever you have and not to follow others. And the best way to invest is DCA. You can buy $20 every week or month to acquire your bitcoins gradually. Those who simply just jump on the bandwagon because someone they know is doing it often end up getting into one problem or another. Investing in Bitcoin requires the investor to not only understand what he’s getting into but also have the vision, because these are the things that help you build discipline and consistency. If you don’t have the vision, you could eventually get tired along the way, particularly when the market starts doing its thing (fluctuating) they could decide to just liquidate their whole asset since they only got in for the profits and it appeared the profit wasn’t coming in at that particular point. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: AVE5 on October 25, 2025, 06:00:19 PM However every investor has different starting points and different goals. For example... Everyone has different savings and source of income so never compare yourself with someone else because our goals as Bitcoin investors differ a lot. The time you buy isn't the same time another person or maybe your friend, buys so there shouldn't be a competition, because it might even lead to discomfort in the mind which can often lead to psychological effects in investing making you take irrational decisions First don't compete in the market for greed. Instead, if you've someone whose portfolio is very attractive to you, then you should take it as an encouragement tool to reach your goal. Sometimes we need to get motivated before we can build disciplines and dedicational mindsets to ignite our thoughts focused and determine while riding on the motion that can can be sustainable until reaches the destination (Your goal). In bitcoin investment, you're to risk what you can afford. There's neither no essence for competition there because each investor is a monopoly to their bitcoin portfolios and as a decentlized market, there's no favouritism of investors. You investment outcome depends on your actions and decisions. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Cyber_warrior on October 25, 2025, 07:42:43 PM What others have achieved is only a motivation to raise the spirit in accumulating as much Bitcoin as possible, it is clear that this is not a competition, everyone has their own way and method in collecting Bitcoin depending on the amount of funds they are ready to invest. Some people do take investment as competition, some people do decide to invest in bitcoin just because they know someone that’s making money from bitcoin investment, they don’t always care to accumulate more knowledge about bitcoin investment, they just decide to jump into it, they also want to be making money the same way other people are making money without even taking their time to have proper knowledge of what they are investing in. If you are planning to invest, don’t be in competition with anyone, you should be motivated by other people’s investment, but you shouldn’t do crazy things just because you know someone holding like 1 BTC, and you also want to hold 1 BTC, or more. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Sanitough on October 25, 2025, 08:52:41 PM Well if you see it as a competition, then bitcoin will only be exclusive for the rich because they can maximize their accumulation instantly while leaving the middle class investors still struggling on making a good accumulation.
However, bitcoin investment does not work like this. There’s no rich or poor with bitcoin, but everyone has equal opportunities to invest. But let’s accept the fact that those rich will always have an advantage compared to those living paycheck to paycheck. Yet success does not matter on how many bitcoin you have earned, but on how long and capable you are to hold your bitcoin unbothered. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Dogedegen on October 25, 2025, 10:01:34 PM Rule out competition from your life and see how miserable you will become, everyone have turned competition into the devils tools and they are all wrong. You are one of the few that seems to understand it here. The world started going down the drain when we started giving children participation trophies. Nobody should be rewarded for being weak, and lazy. MostToo much of competition is the problem, you are at the point of doing way too much because you want to be better, the challenge shouldn't be against the world but to better yourself. Competition must always be part of your life but the person's mind is what determines whether it will remain so in a healthy way or it will go out of control. Someone who has a healthy attitude to competition will never be bothered by losing but will try even better next time. They will also never have too much competition or have negative stress from it. This balanced approach is the way to do it.Your health for example, you will hardly be happy with yourself, you will easily be depressed too. Most people who shy away from competitions are usually depressed or have other disorders.Some people do take investment as competition, some people do decide to invest in bitcoin just because they know someone that’s making money from bitcoin investment, they don’t always care to accumulate more knowledge about bitcoin investment, they just decide to jump into it, they also want to be making money the same way other people are making money without even taking their time to have proper knowledge of what they are investing in. You are very wrong. You took one case of something and then you made a generalization to dismiss it. Yes you can treat investments as competitions and yes you can do it in a healthy way. If you are planning to invest, don’t be in competition with anyone, you should be motivated by other people’s investment, but you shouldn’t do crazy things just because you know someone holding like 1 BTC, and you also want to hold 1 BTC, or more. Investing in bitcoin should have nothing to do with competitions. There are people who knew bitcoin since the day one and till date they never crossed their mind to purchase even a sat. We can't compare our selfs because we are much better than them. This is also wrong. I have explained it here. Because Bitcoin's supply is limited you are in a competition with everyone else whether you like it or not. You have no choice. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: mirakal on October 25, 2025, 11:43:05 PM We can’t tell a person how to sees bitcoin, that’s already their own concept and perspective. And as long they are having a good ride with bitcoin, and they are making a good amount of accumulation, well that’s even a lot better for them.
Personally, there is no competition with regards to bitcoin. You do what is right and what makes you happy, then go for it. But this is just my personal point of view, others would disagree with me. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Issa56 on October 26, 2025, 10:07:08 PM What others have achieved is only a motivation to raise the spirit in accumulating as much Bitcoin as possible, I don’t know why some people do take everything as competition, life itself is not a competition, and we are not the same, our financial status is just completely different, and you won’t have to force yourself to invest just because you notice that your friend is holding some amount of bitcoin, you should know that because your friend is holding some bitcoin doesn’t mean you should hold the same amount. Just as you said, other people’s investment should be like a motivation, and you shouldn’t compete with others, if you are competing with others, you might end up regretting later, don’t make use of the money which is suppose to be used for other important things to invest in bitcoin. I know some people will end up investing all their life savings in bitcoin which doesn’t make sense, avoid competition with others . Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Botnake on October 26, 2025, 10:50:58 PM I guess if it serves a healthy competition, then it could also motivate yourself to become more determined and goal oriented so you can accumulate good amount of bitcoin, and benefit on it in the long run.
But most of the time, competition only create pressures and thus lead to problems, and eventually making wrong decisions that will obviously end up with undesirable losses. And I don’t want it to happen to every bitcoin investor out there. Invest and accumulate bitcoin on your own, by not trying to prove that you’re making a good competition. Stick to your main goal and focus, because that will be your best asset to maximize your accumulation. Do not compete nor compare, work on your own and create progress on your own. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Patikno on October 26, 2025, 11:15:26 PM We can’t tell a person how to sees bitcoin, that’s already their own concept and perspective. And as long they are having a good ride with bitcoin, and they are making a good amount of accumulation, well that’s even a lot better for them. I agree with you, and I get your point. Basically, everyone has the right to their Bitcoin ownership, they are free to do whatever they want with it responsibly, and they are even free to use it for profit or beneficial purposes. However, Bitcoin has many uses, including profit-making through accumulation. Ultimately, everyone has their own rights and goals, and ideally, they should be happy when connected to Bitcoin, for whatever purpose they pursue, as Bitcoin has many benefits that can be enjoyed as I said, and your pov.Personally, there is no competition with regards to bitcoin. You do what is right and what makes you happy, then go for it. But this is just my personal point of view, others would disagree with me. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: BitBakerr1 on October 27, 2025, 08:28:17 AM You are correct Bitcoin accumulation is not a competition, some newbie when they start bitcoin investment they will want to accumulate huge amount of Bitcoin because they believe they are already late and they need to meet up this is a very wrong mentality and it has made a lot of people make huge mistake that led to the end of their accumulation journey, so there is no need for you to rush take your time and accumulate as much merit as you can you are not in competition with anyone you are trying to build your own investment.
Sometimes some newbies become so aggressive in their accumulation at the end they dip hands into their Bitcoin investment, you cannot be too aggressive in your Bitcoin accumulation when you don't have a good backup funds, when you Rush your bitcoin investment you will surely end up in a financial problem, don't just be aggressive in your accumulation without a plan you can decide to have a reserve funds only meant for accumulation during the dip. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: arwin100 on October 27, 2025, 12:50:55 PM What others have achieved is only a motivation to raise the spirit in accumulating as much Bitcoin as possible, I don’t know why some people do take everything as competition, life itself is not a competition, and we are not the same, our financial status is just completely different, and you won’t have to force yourself to invest just because you notice that your friend is holding some amount of bitcoin, you should know that because your friend is holding some bitcoin doesn’t mean you should hold the same amount. Just as you said, other people’s investment should be like a motivation, and you shouldn’t compete with others, if you are competing with others, you might end up regretting later, don’t make use of the money which is suppose to be used for other important things to invest in bitcoin. I know some people will end up investing all their life savings in bitcoin which doesn’t make sense, avoid competition with others . Maybe they feel challenge when they see other people doing well and accumulate huge volume of Bitcoin. Maybe this kind of people are trying to replicate those what they see then dream about they can able to get the same volumes to if they exert lots of effort to accumulate more Bitcoins everyday. Although somehow that is good, but people should check if they are capable to do all of those things and there's no other important matters got affected on their accumulated. Since if happens that they can't buy their needs because they used all of their money to buy Bitcoin then with this there's a chance that they might fail. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Zigabel on November 01, 2025, 11:26:21 AM We can’t tell a person how to sees bitcoin, that’s already their own concept and perspective. And as long they are having a good ride with bitcoin, and they are making a good amount of accumulation, well that’s even a lot better for them. I agree with you, and I get your point. Basically, everyone has the right to their Bitcoin ownership, they are free to do whatever they want with it responsibly, and they are even free to use it for profit or beneficial purposes. However, Bitcoin has many uses, including profit-making through accumulation. Ultimately, everyone has their own rights and goals, and ideally, they should be happy when connected to Bitcoin, for whatever purpose they pursue, as Bitcoin has many benefits that can be enjoyed as I said, and your pov.Personally, there is no competition with regards to bitcoin. You do what is right and what makes you happy, then go for it. But this is just my personal point of view, others would disagree with me. Accumulation of Bitcoin i supposed should not come with any form of competition but how some persons are able to drag competition into it can be really baffling at some point. Get your Bitcoin stash for your future and then when you are willing to sell off and make the most of profits and not bothered about who has got less or more or even what the person is doing over that which you are doing already so you do not put yourself in a spot that will be detrimental to you. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Dave1 on November 01, 2025, 12:08:39 PM What others have achieved is only a motivation to raise the spirit in accumulating as much Bitcoin as possible, I don’t know why some people do take everything as competition, life itself is not a competition, and we are not the same, our financial status is just completely different, and you won’t have to force yourself to invest just because you notice that your friend is holding some amount of bitcoin, you should know that because your friend is holding some bitcoin doesn’t mean you should hold the same amount. Just as you said, other people’s investment should be like a motivation, and you shouldn’t compete with others, if you are competing with others, you might end up regretting later, don’t make use of the money which is suppose to be used for other important things to invest in bitcoin. I know some people will end up investing all their life savings in bitcoin which doesn’t make sense, avoid competition with others . Maybe they feel challenge when they see other people doing well and accumulate huge volume of Bitcoin. Maybe this kind of people are trying to replicate those what they see then dream about they can able to get the same volumes to if they exert lots of effort to accumulate more Bitcoins everyday. Although somehow that is good, but people should check if they are capable to do all of those things and there's no other important matters got affected on their accumulated. Since if happens that they can't buy their needs because they used all of their money to buy Bitcoin then with this there's a chance that they might fail. Yes, that's normal thing for us humans, sometimes it brings the competitiveness in all of us. But then again, just think of it this way, you are different so just go and build your own journey and don't compare yourself to others. Maybe for you the best setup is to start small, for others big. But maybe they don't have the mental toughness that you have, so they might falter along the way. But you? continued as long as you can and in the end, you are going to reap the results and not others. So stay focus and start small but dream big. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: arwin100 on November 01, 2025, 12:26:15 PM What others have achieved is only a motivation to raise the spirit in accumulating as much Bitcoin as possible, I don’t know why some people do take everything as competition, life itself is not a competition, and we are not the same, our financial status is just completely different, and you won’t have to force yourself to invest just because you notice that your friend is holding some amount of bitcoin, you should know that because your friend is holding some bitcoin doesn’t mean you should hold the same amount. Just as you said, other people’s investment should be like a motivation, and you shouldn’t compete with others, if you are competing with others, you might end up regretting later, don’t make use of the money which is suppose to be used for other important things to invest in bitcoin. I know some people will end up investing all their life savings in bitcoin which doesn’t make sense, avoid competition with others . Maybe they feel challenge when they see other people doing well and accumulate huge volume of Bitcoin. Maybe this kind of people are trying to replicate those what they see then dream about they can able to get the same volumes to if they exert lots of effort to accumulate more Bitcoins everyday. Although somehow that is good, but people should check if they are capable to do all of those things and there's no other important matters got affected on their accumulated. Since if happens that they can't buy their needs because they used all of their money to buy Bitcoin then with this there's a chance that they might fail. Yes, that's normal thing for us humans, sometimes it brings the competitiveness in all of us. But then again, just think of it this way, you are different so just go and build your own journey and don't compare yourself to others. Maybe for you the best setup is to start small, for others big. But maybe they don't have the mental toughness that you have, so they might falter along the way. But you? continued as long as you can and in the end, you are going to reap the results and not others. So stay focus and start small but dream big. It bring motivation for them to continue especially that they see those people they look forward is have a great progress on their accumulation. It make those people feels excited to accumulate more Bitcoin and try to be successful the same as those people they are try to follow. But as what I said earlier as long as they are on healthy scope and they could able to meet those things they need to live everything is fine. Since somehow we could see that Bitcoin always remain the best asset to invest. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Uhwuchukwu53 on November 03, 2025, 01:01:21 PM Everyone who invested in Bitcoin knows what derives them. I know what an investor likes towards an asset and his fellow investor may act as a motivator, but that aspect of competition is what I may not support. Bitcoin investment don't need competition because individual risk differs weighing your risk with others can make you loss the track because if certain shift happened beyond your expectations the way your fellow handle its risk may differ, from you. It's the reason many investor commit suicide because of engaging beyond what their risk management can withhold. Inorder hand Bitcoin investment is not far from others investment one seen people ahead to meet their goal in the investment status can never be eradicated because it's generally a place of assets where such competition could arise as part of human characteristics, but the best is control avoidance of such competition.
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Peanutswar on November 03, 2025, 02:04:13 PM Not of all of us have the capability to make an investment with the bitcoin. Yes its get envy that there are other people manage to make an investment with the Bitcoin as they want but of course we have different path taking to earn money and some of us focus to help ourselves and family before making an investment, now if you have an extra of course you dont want to waste that money so you must need to make a strategy for your investment if you dont have time to watch the market doing a DCA is one of the effective one and then take profit once you get satisfied with the market price but as of now with the market stand it seems accumulation of stable coin is ideal this will avoid you get losses most of your investment and lets say wait for the dip but of course its your risk management to make an entry and exit. Just make an investment at your own phase no pressure and focus with growth of your portfolio of course.
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Natalim on November 03, 2025, 11:26:36 PM Sometimes, you have to be greedy when others are not. You have to compete for your own advantage, to maximize your bitcoin accumulation in the nearest time possible. Although this comes with high pressure and risks, but the outcomes will always be worth it.
On the other hand, if you want to take your time and create a smooth sailing journey over bitcoin accumulation, then spare away from competition. You don't have to compete, but you do need to stay motivated and goal oriented always. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: OcTradism on November 04, 2025, 03:19:13 AM Not of all of us have the capability to make an investment with the bitcoin. Yes its get envy that there are other people manage to make an investment with the Bitcoin as they want If the other people made investments in Bitcoin and had losses, there are no noisy discussions about them. People mostly feel envious with the other people because they hesitated, ignored Bitcoin, stayed as Bitcoin outsiders and when they saw mass success and profit of the other people with Bitcoin investments, they will try to use many reasons for critiques.It's non sense but it can be explained easily by basic human psychology. Sometimes, you have to be greedy when others are not. You have to compete for your own advantage, to maximize your bitcoin accumulation in the nearest time possible. Although this comes with high pressure and risks, but the outcomes will always be worth it. "Be greedy with the others are fearful, and be fearful when the others are greedy" is a very famous saying from Warren Buffet. It's a very valuable advice but it must be applied rightly. The key is invest your money into a right thing, not a useless one as if you invest your money in a useless asset, you will lose money with it. It makes your action "when others are fearful, I am greedy" means nothing helpful for your investment portfolio and finance.On the other hand, if you want to take your time and create a smooth sailing journey over bitcoin accumulation, then spare away from competition. You don't have to compete, but you do need to stay motivated and goal oriented always. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Juicyhome on November 04, 2025, 06:13:45 AM Sometimes, you have to be greedy when others are not. You have to compete for your own advantage, to maximize your bitcoin accumulation in the nearest time possible. Although this comes with high pressure and risks, but the outcomes will always be worth it. I agree time you, challenge yourself to buy more is enough motivation for you, you don't need to be in competition with anybody, accumulate more Bitcoin base on your own capacity, don't be jealous of your friends or family, stop asking anyone about their Bitcoin portfolio, just spare some cash every month for Bitcoin investment, be selfish to yourself, have a good plan for it. Everyone have their journey in Bitcoin investment, following other might not sir well with your plan, so it's better you have a set target for accumulation.On the other hand, if you want to take your time and create a smooth sailing journey over bitcoin accumulation, then spare away from competition. You don't have to compete, but you do need to stay motivated and goal oriented always. Bitcoin itself is competitive, because it's limited, we have only 21 Millions Bitcoin so you have to do anything to get it, without being in competition with anyone, the joy of it, is that you have it, having as many as you can is the best way to go. Bearing in mind that it's a long term investment, so do not invest with your business funds or any funds you need in a short period. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: PhilosopherKing on November 04, 2025, 07:44:19 AM When it comes to investment in Bitcoin is an individual decision,I could remember when I heard about Bitcoin and wanting to invest it too me time to make a decision, on it,and when I was ready it was my extra funds have saved I used in investing so if anything go wrong I won't feel bad.so you in no competition with anyone,you are the one working for your money so you are best to no what is coming in and going out to no when to make your decisions. In today's society, most new investors always want to be like those ahed of them who have afcumulated a lot of Bitcoin, having that mentality is not bad, but even as we want to be like others ahead of us we should also forget that those ahead of us at some point where in our level and through consistency in spirit built their position overtime. So even as we strive to be like other we shouldn't let it get to our head, that is we shouldn't start overstretching or enter into a self created competition. Always start and build within your pace. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Localhostspeed on November 04, 2025, 03:02:18 PM When it comes to investment in Bitcoin is an individual decision,I could remember when I heard about Bitcoin and wanting to invest it too me time to make a decision, on it,and when I was ready it was my extra funds have saved I used in investing so if anything go wrong I won't feel bad.so you in no competition with anyone,you are the one working for your money so you are best to no what is coming in and going out to no when to make your decisions. In today's society, most new investors always want to be like those ahed of them who have afcumulated a lot of Bitcoin, having that mentality is not bad, but even as we want to be like others ahead of us we should also forget that those ahead of us at some point where in our level and through consistency in spirit built their position overtime. So even as we strive to be like other we shouldn't let it get to our head, that is we shouldn't start overstretching or enter into a self created competition. Always start and build within your pace. I don't see a problem with this if you have the money but if you don't have the money to bear any short term unrealized loss, don't do like them. There is an investor somewhere that can overlook a million dollars and invest that on Bitcoin, wouldn't even care about the loss or any risk involved but there is me that will think twice if I have $100k and somebody tells me to use everything for Bitcoin, I maybe able to spare half of the amount but not all. If you are going to make investment in Bitcoin, do it your own way and terms. Don't buy because someone told you but do it because you believe in it. The person that may convince you can have a change of mind and not want to buy Bitcoin again, there decisions can break you and not make you see the good sight of Bitcoin. If you have your own purpose, anything that is happening in the market will not move you at all. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Stable090 on November 04, 2025, 08:17:31 PM In today's society, most new investors always want to be like those ahed of them who have afcumulated a lot of Bitcoin, having that mentality is not bad, but even as we want to be like others ahead of us we should also forget that those ahead of us at some point where in our level and through consistency in spirit built their position overtime. The reason why some people do end up losing money when they invest in bitcoin is that, they are always desperate to invest in bitcoin, they don’t take their time to learn about bitcoin before investing in bitcoin, if you rush to invest without having proper knowledge about bitcoin, don’t be surprise that you might end up making mistake which you will be losing your money. If you are investing and you want to be like people that have been in the space for some time, then you should do that gradually, as you are investing, you should keep on learning. You shouldn’t just compete with people that have been in space for some time, the knowledge which they have, you don’t have it, so if you are in rush, then you might end up making mistake at the end. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Hypnosis00 on November 04, 2025, 09:50:26 PM We all have different financial capacity in life, while others can easily maximize their accumulation, but those who are tight in budget might only buy a portion of bitcoin one at a time. And that's very fine as there's no competition in bitcoin accumulation. Buy at your own risk, and take time to sell when its highly needed, that's how simple it is and not to adopt competition in the market. Because if you do, you are just putting yourself in a more stressful and highly pressured scenario.
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Kasabus on November 04, 2025, 11:37:30 PM Those who sees bitcoin accumulation as a competition, maybe that's also what makes them more propel to keep investing. And there's no wrong with it if they can keep up with their risk tolerance. I know some people who's views and mindset are like that, and they're also successful in life. However, if you want no high pressures on your path, move on your own without minding others, the safest way to keep going.
Bitcoin is not for short term but most preferably for long-term, so you have all the chances and opportunities to take without creating a sense of competition in your mind. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Kelward on November 05, 2025, 09:04:14 AM All fingers are not equal and comparing your Bitcoin stash with another investor can cause more harm than good so it's better that everybody should only be in competition with oneself. You can challenge yourself to think out of the box and find new ways to increase your earnings so that you can have more money to channel into your discretionary funds. Your Bitcoin accumulation should be based on the size of your discretionary funds and how much you are willing to allocate for Bitcoin DCA method. Never make the mistake of using money for your basic expenses to buy Bitcoin so that you can meet up with those that buys with higher amounts, it will be an irresponsible investment strategy because you will sooner sell it prematurely to take care of your unavailable expenses.
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Stormisover on November 05, 2025, 12:23:08 PM No one is doing competition with you , you choose to pressure your by yourself the only competition btw yourself and no one else , when come to bitcoin . But you can be inspired by others wins and progress and use it as an instrument of growth and determination, that’s why I tell folk that you can start accumulating with any amount you can afford. No one is forcing anyone to go beyond their budget accumulate according to your convenient. Because if you try to go faster with over aggressive buying you only ruin your investment too early . Some forks are naturally competitive in nature they can consider everything to be a do or die to achieve certain achievements and that is very bad, everyone was not born in the same day and looking at our fingers they are not equal either, a man who attempts to carry a load that has a body mass much more than he has will only end up breaking down and some times beyond repair, it will give me joy and happiness seeing that am making am improvement in whatever am doing other than finding everything to be competitive, for Bitcoin it is one man one lane so you move at your own level it will only take discipline and time to reach your desired destination. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Derekfunds on November 05, 2025, 04:32:52 PM Investing bitcoin the first thing to have in mind is to invest what you can afford to lose, if you go in with the mindset of just investing without any plans of fund of your ability, and you just want to invest to meet up with other people, it will surely become a failed investment if one is not careful. Investment is not a thing of competition, it is all about a thing of what you can afford. we all have our own financial strenght and if you exceed it , then it becomes impossible to keep investing. The reason why some investments are failing is because they took it as a competition and whenever they took investment as a competition they don't longer care the amount they are using to invest any more because all they can think of or all they want is just to invest more than the other person not knowing that there is danger in doing this especially when they are not investing from their discretionary income. Sometimes those people they are trying to compete with may have a good source of income that they won't get stranded some day regardless of the situation. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: sunsilk on November 05, 2025, 04:42:21 PM Everyone who invests have that goal to be rich and that cannot be removed from everyone's reason why we're doing it. But I agree that we're not investing to become better than someone else.
Stop with the competition mindset when this is an open market and the only one that we're competing is with ourselves. If we've done great with DCA, we're going to be noticed by anybody that doesn't have an idea on what we do. Because, they'll start to be curious of what we're doing, and how we've made it when the results are becoming visible. Do not mind the other investors, and it's a real thing that we should only look with our own journey. It's okay to look on someone's journey as an inspiration but not as a competition. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Asuspawer09 on November 05, 2025, 05:20:31 PM I mean i've never felt that investing is a some kind of competition, I guess sometimes I just felt a little jealous for some people, and even people that I know that earn huge amount on crpytocurrency or probably they just doing really really great when it comes to there investment, you see them doing good on cryptocurrency, business, stocks, real state, gold or even career. Most of the time I always tend to compare myself to a lot of people and ask myself what I did do wrong or ask why they are so lucky because at an early age they are able to do very well.
But yes, it was actually just the same thing, you just need to focus on your own goals, because we all have different lives, we have different positions, and have different timing on having our own time. It wasn't a competition at all, as long as you do focus on achiving your goal, it is going to pay off in the end. Investing and accumulating Bitcoin surely is going to pay off in the end, I personally experience it already from years of investing and doing DCA, it was surely difficult seeing the up and downs let alone buying every week, but that investment surely is gonna position you long term. I've been able to sell easily on 126k$ last time because of my focus on achieving my goal of selling a huge amount, and it was a lucky sell since it was the top before this drop. So focus on your own journey, follow your strategy, invest, and wait for the right timing in the market. Everything is going to be easy if you take time to position in the market. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Uhwuchukwu53 on November 05, 2025, 05:59:01 PM Those who sees bitcoin accumulation as a competition, maybe that's also what makes them more propel to keep investing. And there's no wrong with it if they can keep up with their risk tolerance. I know some people who's views and mindset are like that, and they're also successful in life. However, if you want no high pressures on your path, move on your own without minding others, the safest way to keep going. Bitcoin is not for short term but most preferably for long-term, so you have all the chances and opportunities to take without creating a sense of competition in your mind. I will Fully agree with you , many are motivated and swayed into Bitcoin investment with what they see with others who invested in it and having the mindset of been like them. The key word just as you emphasize "risk telorance" is what whoever that is emulating or seeking to be like any other investor in Bitcoin should always weigh, because a shift in the system, one be able to withstand the pressure if he lack the principle the next person he emulate is using. The reason many may have the intention to hold Bitcoin for long ended up selling within a short term is competition without having the capacity to manage the risk as well knowledge on how the next investor they look upon is thriving. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Fuso.hp on November 05, 2025, 07:37:54 PM Competition should be on talent, not on investment. Investing requires money, if another person has better financial support than me, then he will naturally be able to invest more money consistently and my investment will be limited depending on my money. Now if I think that another person is investing about 300 to 400 dollars every month, similarly I will have to invest 300 to 400 dollars, then I am moving forward with the wrong step towards investment. If my income is 300 to 400 dollars, then it is not possible for me to invest all my money every month. What is important to us is how much we can invest and how this investment can be made consistently for a long time, but we should look more seriously at how to do it consistently. Therefore, consistency should be the main objective of investment, not comparison or competition.
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Y3shot on November 05, 2025, 09:20:42 PM We all have different financial capacity in life, while others can easily maximize their accumulation, but those who are tight in budget might only buy a portion of bitcoin one at a time. And that's very fine as there's no competition in bitcoin accumulation. Buy at your own risk, and take time to sell when its highly needed, that's how simple it is and not to adopt competition in the market. Because if you do, you are just putting yourself in a more stressful and highly pressured scenario. The truth is that once you make it seem like a competition you even make it more difficult and complicated for yourself. It is just like other investment, trying to make it bigger when you dont have the financial strength, it will just end up breaking you down. No matter what you and you invest in Bitcoin and if you are consistent in it, you will definitely make a good profit from it, so their is no need making it a competition when you cant even exceed your limit of what you can invest. I believe it is those who who dont understand bitcoin that will think of this, which will always not end up well.Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Versatile_choice on November 05, 2025, 10:33:01 PM Thank goodness you brought this discussion because some people seems to have forgotten that bitcoin investment is not like a football game where teams will be struggling to win the title, in bitcoin investment there's zero competition you can buy as much as you can if you have the capacity. But doing it for the sake of others is very wrong reason been that you don't know if the other person have a different cash flow to be buying aggressively you that doesn't have a good cash flow and have chosen to competite with him can decide to go in search of where you can take loan to invest which is very wrong. So as an investor it's advised to buy according to the size of your discretionary funds so as to avoid messing your Investment up some day.
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: tvplus006 on November 06, 2025, 01:55:46 AM Furthermore to simply end the topic the goal of investing should nnever be to be richer or truly to be better than someone....That's just it .take your time stay consistent, and focus on your own journey... Each of us has different financial opportunities. Someone can afford to buy 1 BTC every month, while another, saving on everything, buys several hundred satoshi and at the same time remains satisfied with his purchase. So it's impossible to compete in such conditions. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: UchihaSarada on November 06, 2025, 07:41:06 AM Each of us has different financial opportunities. Someone can afford to buy 1 BTC every month, while another, saving on everything, buys several hundred satoshi and at the same time remains satisfied with his purchase. So it's impossible to compete in such conditions. DCA and buy 1 bitcoin each month is impossible nowadays with normal people and it is only possible with billionaires or institutional investors. Fortunately, for our investment practice, we don't have to care about them as it is our money and our responsibility to invest it in bitcoin.If we can DCA each monthly in a same long time like institutional investors, we will have almost similar ROI. Difference is only their profit is bigger than our as they have bigger initial investment capital than what we spent with smaller fund. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Cookdata on November 06, 2025, 07:48:01 PM We all have different financial capacity in life, while others can easily maximize their accumulation, but those who are tight in budget might only buy a portion of bitcoin one at a time. And that's very fine as there's no competition in bitcoin accumulation. Buy at your own risk, and take time to sell when its highly needed, that's how simple it is and not to adopt competition in the market. Because if you do, you are just putting yourself in a more stressful and highly pressured scenario. It's not a must that you should be like other people, I want the best for myself but it wouldn't be at extreme that I will start inconveniencing my life. If I can buy 10000 sats a week, I will keep doing, it will be more fun to be doing that than trying to buy 2x of my plan and when I have small financial responsibilities the next thing thag will come to your mind is trying to sell half of what you have bought, from there it becomes a norm that you begin to sell what you promised to hold. Some people have made it the habit of buy high and sell low, I know a person that recently sold his bag at loss. He made some money and put the rest on Bitcoin, the commitment was a long promise but along the line, something came up, there was nobody to run upto and he sold it to take care of everything and promise to buy again, I know deeply he is not coming back or may be he will do as he promise, this are the issues of accumulation when you don't have back bone and you went in. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: Nwada001 on November 07, 2025, 11:54:48 PM We just need to invest what we can afford and not compete with anyone out there. We are not on the same financial level, so we can't hold the same bitcoin volume. If there is anything I can see from others who hold large amounts of bitcoin, it is inspiration to hustle harder and make plans for my future to accumulate more, but I can't risk more than I can afford just because of someone who owns a lot.
Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: SuperBitMan on November 11, 2025, 03:28:40 PM We just need to invest what we can afford and not compete with anyone out there. We are not on the same financial level, so we can't hold the same bitcoin volume. If there is anything I can see from others who hold large amounts of bitcoin, it is inspiration to hustle harder and make plans for my future to accumulate more, but I can't risk more than I can afford just because of someone who owns a lot. Yeah we just need to invest what we can invest, people that usually feel pressured are newbies, those that are new in Bitcoin investment they usually feel like they are backward and others are ahead of them so because of that they become aggressive in there Bitcoin investment so they can meet up with others which usually lead them to failing in there Bitcoin investment journey, one thing this newbies needs to understand is that those people they are seeing have been into Bitcoin investment for a very long time they didn't start today it's been long and as a newbie you can't be comparing yourself with them and wanting to have the same holding or Bitcoin they have, be inspired by them and not completing with anyone. Title: Re: Bitcoin Accumulation Isn't a Competition, Focus on Your Own Journey Post by: JoyMarsha on November 11, 2025, 05:07:15 PM So far, it is a Bitcoin investment; nobody is in competition with anyone. Any investment made or to be made is one to decide how it is convenient for them to go about it. It is investing weekly, monthly, or investing at a go, that's the person's business to worry about. That makes it, whatever profits or losses they had, it's them it will go to, not anyone else
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