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Bitcoin => Bitcoin Discussion => Topic started by: BlackHatCoiner on December 11, 2020, 04:24:15 PM



Title: A friendly reminder
Post by: BlackHatCoiner on December 11, 2020, 04:24:15 PM
For the holders that read this thread on 2030, how does it feel to consider yourself rich by having only 1 bitcoin?

For those that read it on 2020, I have to say nothing but this. Buy. This world-changing project is only 10 years old. Who knows what will happen in the future. So that was it, just a friendly reminder that it's not too late. It's actually too early.

https://i.imgur.com/4IBgvg3.jpg


Title: Re: A friendly reminder
Post by: Oshosondy on December 11, 2020, 07:31:46 PM
Bitcoin is just the new way a coin is created to be both an asset and a currency, it has the advantage over fiat and commodities like gold. People are now saying the days off gold is numbered as a safe haven all because of bitcoin, this could be true. Very possible people will prefer to make use of bitcoin and it becoming the greatest of all assets which is also used as a currency. I too think now is not too late, a time is coming bitcoin price will increase in a way some people would have wished to have invested in 2020.


Title: Re: A friendly reminder
Post by: verita1 on December 11, 2020, 09:01:50 PM
Due to global confinement the price of Bitcoin fell to $ 3,800. It was a very hard experience for us. However we have seen its recovery by more than 400%. That has been a good sign that we can trust Bitcoin so much that large firms are buying bitcoin and holding it. I wish that there is investment to grow our crypto space and we achieve massive adoption or at least continue to dominate the market with more points upwards.


Title: Re: A friendly reminder
Post by: Ayiranorea on December 11, 2020, 09:23:18 PM
For all people who think that we've missed the train, can think better about the growth and invest little by little. Every level of people can afford, but a complete bitcoin buying isn't possible for everyone. So, making use of the chance is good. As mentioned in the opening post, we aren't too late. We're part of the market that is too young with around ten years of history till date.


Title: Re: A friendly reminder
Post by: jahepahit on December 11, 2020, 10:04:15 PM
Buying can never be enough, so it's good to buy but buying rightly is the best. This will i help to reduce the risking of buying at the top, waiting for long time to break even if there is massive dip and also to be able to good project no matter how long you wait.


Title: Re: A friendly reminder
Post by: GreatArkansas on December 11, 2020, 10:27:11 PM
Honestly, no one can predict the future of Bitcoin. It is extremely difficult to know.
That's why I am carefully managing my funds, I am long term believer on Bitcoin but there are things I consider that I will not totally put all my savings or money with Bitcoin. I may dumb for what I am doing but it's my decision and I respect it.


Title: Re: A friendly reminder
Post by: iamaruf on December 11, 2020, 10:37:47 PM
Actually, I always try to tell people that if you buy bitcoin buy now. Some people always ask that is the right time or late. If you can hold it for the long term then buying bitcoin isn't late. Bitcoin is the bitcoin. Traders can't even imagine what the price will be in 2030. But Jut wondering that there are to halving in the way of 2030. So People should buy bitcoin now :)


Title: Re: A friendly reminder
Post by: error08 on December 11, 2020, 10:40:54 PM
There is an experiment called Marshmallow studies from Stanford University in 1972 led by psychologist Walter Mischel, a professor at Stanford University to analyze human social behavior.
The purpose of this study was to understand when the control of delayed gratification, the ability to wait to obtain something that one wants, develops in children. was done with delayed rewards in areas such as time perspective and the delay of rewards, resistance to temptation, and psychological disturbances. The results seemed to indicate that not thinking about a reward enhances the ability to delay gratification, rather than focusing attention on the future reward. read more (https://en.wikipedia.org/wiki/Stanford_marshmallow_experiment)

We can apply the same experiment to obtain a better result, not to just endure your holding for 10 years, we can trade in order to get more coins, but the goal is to accumulate BTC1 in 2030. Ten years is a long time if we count it every second, but time will pass, many investors waiting more than 10 years to become a millionaire, bitcoin could be a way to achieve the same result if we can resist the temptation for 10 years.


Title: Re: A friendly reminder
Post by: pixie85 on December 11, 2020, 10:57:16 PM
I agree with OP that those who buy today will profit in future.

I don't think Bitcoin will die and if it doesn't die it will go through bull cycles and bubbles just like it often did in the last 10 years. This means that if you buy at 18000 or 17000, it doesn't really matter that much because Bitcoin will go 3x from here in the next years. We just don't know when.

Maybe you'll have to wait 5 years to profit, but you will profit.


Title: Re: A friendly reminder
Post by: Kez1817 on December 11, 2020, 11:45:35 PM
It's difficult to predict the future of bitcoin because it is volatile with higher risk. But if you have a positive mind and risky person with enough funds to buy and hold for long terms, then I think that will be better , buy more and hold. But if you don't have enough capital, I advice to please be careful in investing and you should know how to manage your funds carefully.


Title: Re: A friendly reminder
Post by: TedMosby on December 11, 2020, 11:59:11 PM
let me say hi too, to people who read this in 2030.
a friendly reminder to my self in 2030. On the day you wrote this post, the bitcoin price was $18,084.50 (-1.31%).
you still not sure, whether to buy more or wait for another dip.



@LoyceV you have a time-machine right? how's life in 2030? should I buy more bitcoin before 2030? ;D


Title: Re: A friendly reminder
Post by: Jawhead999 on December 12, 2020, 03:28:54 AM
bitcoin is indeed very good for long-term investment, but not everyone is strong enough to hold their assets until 2030. most of them can only last for about two months, I am a short-term player myself, I don't like to hold too long, when it is profitable I immediately sell, that is  the way I trade.
Agree, there's nothing wrong if you're short or long term holding. If you have set a target on which price you will sell your coins, then go for it. Because that's still a profit! we can't know when Bitcoin will reach the peaks.


IMO 10 years is too long, probably 2-5 years would be better since many people would use the funds to create a business in real life or use the profit to invest in gold. Don't put all your eggs in one basket (https://www.languagecouncils.sg/goodenglish/resources/idioms/dont-put-all-your-eggs-in-one-basket#:~:text=Meaning%3A,as%20one%20could%20lose%20everything.)


Title: Re: A friendly reminder
Post by: Lorence.xD on December 12, 2020, 03:38:19 AM
bitcoin is indeed very good for long-term investment, but not everyone is strong enough to hold their assets until 2030. most of them can only last for about two months, I am a short-term player myself, I don't like to hold too long, when it is profitable I immediately sell, that is  the way I trade.
That really depends from person to person, there is opportunity to sell and opportunity to buy so we can't really blame the short-term hodlers. I do not find hodling bitcoin for more than 10 years because there are in-betweens that they could have profited more than what they will sell by the end of the decade.


Title: Re: A friendly reminder
Post by: jademaxsuy on December 12, 2020, 03:48:02 AM
However, it is still who knows you will be rich is part of HYIP. If I were to buy bitcoin then not this time where we can clearly see that bitcoin can go ATH at the same time can pop out the bubble and that bitcoin will going to crash after whales dumping their coins and then buy again. I am not against OP's calling to buy for more bitcoin indeed it will be  good to buy bitcoin but not now instead just wait for a little bit for bitcoin to slowly crash and that would be the best time to buy bitcoin/s.


Title: Re: A friendly reminder
Post by: samputin on December 12, 2020, 03:56:25 AM
Honestly, no one can predict the future of Bitcoin. It is extremely difficult to know.
That's why I am carefully managing my funds, I am long term believer on Bitcoin but there are things I consider that I will not totally put all my savings or money with Bitcoin. I may dumb for what I am doing but it's my decision and I respect it.
Totally respect you view, mate. Actually, same goes with me. We can all agree that bitcoin's future, like it's price, is kinda hard to predict. Our predictions could be right or it could also be wrong. So I think we should be very careful with every decision that we make that involves our money or our finances.

I get that OP is just reminding us to buy because it's never too late for that. However, some of us also wants to remain steady first and waiting for the right time to buy, and earning what we can while waiting. We all have free will after all.


Title: Re: A friendly reminder
Post by: Darker45 on December 12, 2020, 04:11:34 AM
For the holders that read this thread on 2030, how does it feel to consider yourself rich by having only 1 bitcoin?

This question should have been asked like 5 years or so ago. One whole Bitcoin today is already very expensive. Average individual newcomers in the market today will not easily obtain that. Only the rich can. So I guess this is not exactly the kind of question that one would raise one decade from now. By that time, only wealthier people can afford 1 Bitcoin.


Title: Re: A friendly reminder
Post by: Innerpumper on December 12, 2020, 04:25:30 AM
It is not too late to invest in bitcoin because some people have not put their full trust in bitcoin. While that hasn't happened yet, then bitcoin will continue to grow so that it hits its highest price, it will make bitcoin holders in 2020 rich, and can enjoy it.


Title: Re: A friendly reminder
Post by: CryptopreneurBrainboss on December 12, 2020, 04:42:35 AM
Bitcoin is already becoming too costly to afford just one in under developing countries. In my country to afford one bitcoin, you should be having around 9-10million Naira, this figure isn't statics as the fiat market is constantly losing value against the USD due to inflation and under productive ongoing in the country leading the economy to recession. The funds to afford bitcoin is not an easy money for the average nigerian and if they where to shuffle between saving and living off their salary, it'll take more than 5-10years to own one Bitcoin.

Forget the stats that appears on google when you search this information online, 99% of them are false as many nigerian are leaving hand to mouth daily. We're among the top when the industry is mentioned as a result of many of us investing their life savings into the industry and trade aggressively to get some extras funds for our day to day needs.

Your message is understood clearly, one good thing about the industry is you don't have to buy one full bitcoin at ones but can buy in fraction and even though you own just 0.1BTC with patience you'll be wealthy too someday provided the demand for bitcoin continue increasing with time.


Title: Re: A friendly reminder
Post by: michellee on December 12, 2020, 04:56:21 AM
After all, we should accumulate more bitcoin without thinking about the future because if we are still alive until 2030, we will see how much bitcoin price will be at that year. It can motivate many people in the crypto world to earn more bitcoin as much as possible before the bitcoin price increases. It doesn't matter if they need to wait for a long time to see bitcoin price will jump to the highest price because, in the future, we will make a big profit. So that will depend on you, whether you want to keep trying to earn more bitcoin or you don't want to try now because the future is in our hands, and only we can change our future, not other people.


Title: Re: A friendly reminder
Post by: AicecreaME on December 12, 2020, 05:34:02 AM
Buying and holding Bitcoins and other cryptocurrencies will never guarantee you having so much profits on it unless you're going to monitor the market every time when you think it is the right time to buy and sell. Simply holding it and investing your money on it not monitoring the market because it's not yet 2030 is so stupid to do.

This is also a friendly reminder, letting your funds sleep in your wallet will going to make you cry when the bull run happens. Holding and Day Trading is a good combo, but you have to control yourself, set a profit quota for a day, stop and repeat, that's how you take the advantage of holding crypto.


Title: Re: A friendly reminder
Post by: SmokerFace on December 12, 2020, 06:16:19 AM
I really don't have anything to contribute here. I just want to be on the front page of this historical thread.  ;D

lol  ;D

Quote
For those that read it on 2020, I have to say nothing but this. Buy. This world-changing project is only 10 years old. Who knows what will happen in the future. So that was it, just a friendly reminder that it's not too late. It's actually too early.

It's true no one knows what will happen in the future but Bitcoin has gained huge popularity in last 10 years and the price peaked is above 10,000X
Who knows what will be the peak in 2030 when big companies are trading bitcoin.


Title: Re: A friendly reminder
Post by: Shallow on December 12, 2020, 06:56:21 AM
2030 might be a very long time for a lot of people at the same it might not be for a number of people too, at least there people who have been holding for a very long time now and still eager to hold even more. Also, I think this act of long term holding comes with mindset, people have different mindsets about Bitcoin and only few really understand that Bitcoin has come to say and for it to survive till now speaks volume of its future potential. Furthermore, I think people really need to understand more about Bitcoin so that they can make the best decision towards what they want, that is, is it trading and holding or just strictly holding; nevertheless, the idea is holding Bitcoin because the future looks interesting already.


Title: Re: A friendly reminder
Post by: DabsPoorVersion on December 12, 2020, 07:20:23 AM
2030 is still a long way to go,

Buying bitcoin will never be too late even now for everyone, when the expected time which is 2030, I wonder what would be the current price of bitcoin and how many people will regret their decision for not buying and holding bitcoin.


Title: Re: A friendly reminder
Post by: Bitstar_coin on December 12, 2020, 07:30:37 AM
Since nobody can outrightly predict the future and we cannot say for sure what price btc will be trading on, maybe less or way less, maybe high or way higher, it will be best to invest a small amount let's say $100 (an example) and leave it till 2024, and see what your $100 will become in four years time, just an experiment  ;)


Title: Re: A friendly reminder
Post by: mich on December 12, 2020, 07:44:56 AM
This here is really great and a shows how much confident you have in Bitcoin and the price of 1 coin. 
Just think of it this way if we would have bought in 210 1 bitcoin, how much we would have made.
So i compare it to your thoughts process.  In 2030 you dont want to be in a group of the rest of the world to think 'i should have bought bitcoin in 2020'.


Title: Re: A friendly reminder
Post by: adzino on December 12, 2020, 07:51:53 AM
Bitcoin is already becoming too costly to afford just one in under developing countries. In my country to afford one bitcoin, you should be having around 9-10million Naira, this figure isn't statics as the fiat market is constantly losing value against the USD due to inflation and under productive ongoing in the country leading the economy to recession. The funds to afford bitcoin is not an easy money for the average nigerian and if they where to shuffle between saving and living off their salary, it'll take more than 5-10years to own one Bitcoin.

-snip-
Why do people assume that in order to make any investment in bitcoin, they will have to own a one whole bitcoin. And since the price has increased from before they can no longer afford it. No it's not like this. You don't have to own one bitcoin to start your investment. You can always own fractions of a coin. Invest $1 or $100, you can will still be able to buy some coins that can give you profit. You can buy 1 satoshi for less than few cents and say that you own bitcoin. Still want to own whole coins instead of fractions? Then go invest in altcoins.


Title: Re: A friendly reminder
Post by: masterrex on December 12, 2020, 08:14:52 AM
For the holders that read this thread on 2030, how does it feel to consider yourself rich by having only 1 bitcoin?

For those that read it on 2020, I have to say nothing but this. Buy. This world-changing project is only 10 years old. Who knows what will happen in the future. So that was it, just a friendly reminder that it's not too late. It's actually too early.

https://i.imgur.com/4IBgvg3.jpg

It seems that you are certain about your "friendly reminder," By the way 2030 is almost 10 years away, so we dont know yet what will happen in the crypto space, or in our world in that year? and if quantum computing devices will be created I'm sure it will pose a serious problem to bItcoin and all other cryptocurrencies as well because it might easily break the security of Bitcoin and all other cryptocurrencies, so IMO, it's better to consider things before we make any decision so that we can act normally But still Bitcoin is a good candidate for Hodling.


Title: Re: A friendly reminder
Post by: btc_angela on December 12, 2020, 08:16:11 AM
I kindly agree, we really knows what the future will hold, but it's better to be prepared as early as today and try to get and accumulate as least 1 BTC in our wallet. This is a good financial advise specially for those who have started into bitcoin late, 2018-2019 as the chance of the price really going to the moon in the next 10 years because of it's demand and scarcity are very high.

I just wish that I had this mindset, not just in bitcoin or crypto, but the rest of things in my life. I should have save or store and not just wasted or throw my money on random and useless things. But it's not late though, I still have many years in me and that is my plan, to get 1 BTC and more in the next years not for my future but for my family and kids.


Title: Re: A friendly reminder
Post by: AniviaBtc on December 12, 2020, 08:23:33 AM
bitcoin is indeed very good for long-term investment, but not everyone is strong enough to hold their assets until 2030. most of them can only last for about two months, I am a short-term player myself, I don't like to hold too long, when it is profitable I immediately sell, that is  the way I trade.

Bitcoin is truly a possible safe haven than other assets as the world is having development in technologies.

We can't really predict the future of bitcoin but right now, we are seeing some good and rapid adoption when this pandemic occurs.

But I consider bitcoin as a short-term investment because you need to manipulate it in the market. Unlike gold that you just need to leave it until its price goes up depending on how long you store it. Bitcoin can have a much higher price and give you profits depending on the bullish season and 2030 is really a long time to wait.


Title: Re: A friendly reminder
Post by: Question123 on December 12, 2020, 08:40:53 AM
So do you mean that after 10 years from now the value of the bitcoin is $1million dollars and I do not think it will happen in the year 2030. Maybe on that year for the people who have a lot of bitcoin become rich not for the person who held 1 bitcoin.

Also bitcoin possible on the year 2030 is maybe hundred thousands per bitcoin and I think 10 to 20 bitcoin is enough for you to become rich .


Title: Re: A friendly reminder
Post by: Iron Fist on December 12, 2020, 09:33:10 AM
For the holders that read this thread on 2030, how does it feel to consider yourself rich by having only 1 bitcoin?

This question should have been asked like 5 years or so ago. One whole Bitcoin today is already very expensive. Average individual newcomers in the market today will not easily obtain that. Only the rich can. So I guess this is not exactly the kind of question that one would raise one decade from now. By that time, only wealthier people can afford 1 Bitcoin.

There are 3650 days in ten years (+ 2 or 3 days depending on how many leap years). So if my math is right, you just have to collect 0.27mBTC per day to achieve that goal.  
Well that doesn't sound so difficult. ;D


Title: Re: A friendly reminder
Post by: btc78 on December 12, 2020, 09:47:29 AM
For the holders that read this thread on 2030, how does it feel to consider yourself rich by having only 1 bitcoin?

For those that read it on 2020, I have to say nothing but this. Buy. This world-changing project is only 10 years old. Who knows what will happen in the future. So that was it, just a friendly reminder that it's not too late. It's actually too early.

https://i.imgur.com/4IBgvg3.jpg
I don't think that there are truly Holder in our time now,Having a 5 digit coins is really tempting ,The longest Holding i believe we have is from the end of Bullrun in effect of halving as People tend selling their coins that day.

Then Rebuy again  when the Market dumped,maybe some folks will counter this but admit it or not? HODLERS now can be counted using our fingers because market becomes a Trading Port and not a total investing like what it does in the past.
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Title: Re: A friendly reminder
Post by: charlesmichel1 on December 12, 2020, 10:01:16 AM
Couldn't agree more.It's better late than never. Maybe 2020 is our last chance to buy Bitcoin the dip.


Title: Re: A friendly reminder
Post by: Distinctin on December 12, 2020, 11:04:18 AM
I agree with your opinion because Bitcoin's growth rate is too fast, so the longer anyone can hold Bitcoin. I think its value will be huge, but not everyone will keep it for the year 2030.
By the year 2030, the price of bitcoin might be very high by then as we see bitcoin continues to increase its price every year. I must agree that this year is still early to start investing in bitcoin so grab the chance now before the price becomes very high and that only rich people by then can afford to buy. This is just a friendly reminder to everyone so we are free to decide whether to invest in bitcoin today or wait for the price to slow down or rise up.


Title: Re: A friendly reminder
Post by: bitterguy28 on December 12, 2020, 11:14:31 AM
For the holders that read this thread on 2030, how does it feel to consider yourself rich by having only 1 bitcoin?

For those that read it on 2020, I have to say nothing but this. Buy. This world-changing project is only 10 years old. Who knows what will happen in the future. So that was it, just a friendly reminder that it's not too late. It's actually too early.

https://i.imgur.com/4IBgvg3.jpg
I will hold until i don't need the funds i invested though i will sell half every time that bullrun comes to extend my investments.

There's no wrong in Holding but at least lets consider making it more than what we are started.

Opportunity comes like this one so why not grab it first before holding again.

I want to be practical Holder and not the traditional.
Couldn't agree more.It's better late than never. Maybe 2020 is our last chance to buy Bitcoin the dip.
With Hopes and Prayers lets see what happens.


Title: Re: A friendly reminder
Post by: Crptomagma on December 12, 2020, 12:49:11 PM
Very friendly advice indeed because as a bitcoin enthusiasts I’m optimistic about the technology. Those having one or than one bitcoin in the year 2030 will be at great advantage because they will be seen as the great investors. Bitcoin gives the advantage especially in areas of long term investment.


Title: Re: A friendly reminder
Post by: The Cryptovator on December 12, 2020, 01:12:20 PM
10 years isn't too short, we don't know what will happen then. But I am pretty sure, if Bitcoin exists until 2030, then really we will be rich in holding at least one Bitcoin. But the problem is, we only see what is in front of us. Even we can assume what would happen after ten years, we don't want to invest now. If you think about it after 10 years then it's true that you aren't yet late to enter on Bitcoin. If you wondering to buy on dip then it wouldn't happen, because we don't know where the is a dip. Same like I become confused during USDT/BTC trading. I thought it will dump more, but eventually, I regret it.


Title: Re: A friendly reminder
Post by: LoyceV on December 12, 2020, 01:48:01 PM
@LoyceV you have a time-machine right? how's life in 2030? should I buy more bitcoin before 2030? ;D
I told you that already in 2032. Don't you remember?


Title: Re: A friendly reminder
Post by: Gotumoot on December 12, 2020, 03:04:56 PM
Who knows how much Bitcoin would be after 10 Years again.
It has gain insane amount for it's first 10 years so lets see how much more it could get in the future,
I also hope to buy more and hold it for a certain time.
I also plan on creating different wallets for my investment and for my savings.


Title: Re: A friendly reminder
Post by: sapnu on December 12, 2020, 05:16:04 PM
10 years isn't too short, we don't know what will happen then. But I am pretty sure, if Bitcoin exists until 2030, then really we will be rich in holding at least one Bitcoin. But the problem is, we only see what is in front of us. Even we can assume what would happen after ten years, we don't want to invest now. If you think about it after 10 years then it's true that you aren't yet late to enter on Bitcoin. If you wondering to buy on dip then it wouldn't happen, because we don't know where the is a dip. Same like I become confused during USDT/BTC trading. I thought it will dump more, but eventually, I regret it.
There are actually lots of people become rich in just a short period of time and that is not because they are investing a lot of money, or they have a lot to begin with but they are really gaining important information on what they want to do to earn with cryptocurrency. We already know that there's a lot of ways to earn cryptocurrency such as investing, trading, mining and etc. If you bought some bitcoins since then, I think it will make you rich if you hold it for a long time until reaches the highest peak of value in particular time of the year. When the price is down, its better to hold.


Title: Re: A friendly reminder
Post by: Wysi on December 12, 2020, 05:43:15 PM
People needs lot of patience and clear state of mind with a proper plan to deal when market situation does not go as per expectations because it's not an impossible task to invest into Bitcoin but it's not possible for everyone to hold on to their nerves during bearish market which has dominated most of past three years. I think forecasting 2030 and investing into it at this peak time would be suitable only for long term investors, for others who don't wanna risk buying at peak may wait for a bearish market or dump to fill their coffers with Bitcoin.


Title: Re: A friendly reminder
Post by: Latviand on December 12, 2020, 06:13:01 PM
It is your own will and decision if you want to buy more bitcoin in the long run.

Although it is not bad to invest most of our asset in bitcoin but we should also be mindful about the possible things that might happen in the market.

It is really hard to become so confident with bitcoin, we should also invest on other coins or businesses that will help us grow and become stable. Bitcoin is volatile and there are a lot of things that might happen 5 to 10 years from now. It is hard to say if bitcoin will really boom soon, there are factors that can affect its price and those factors are unpredictable.

If you really trust bitcoin and you fully rely on that, then go on.


Title: Re: A friendly reminder
Post by: suzanne5223 on December 12, 2020, 08:36:16 PM
If we speculate the Bitcoin market due to the institutions and companies that joined which I believe could dump their holding when new ATH is achieved i will say seizing the current dump in the price of the market it never bad but holding Bitcoin for 12 years(till the year 2032) advised by OP is what I don't support if the buyers were not among the accumulator during the $6K-$12K price range.


Title: Re: A friendly reminder
Post by: Lanatsa on December 12, 2020, 08:59:08 PM
We do have our own will and on the right mind when it comes to decision making towards investment.If you can handle out the risk on buying or accumulating coins for the future
then its up to you but don't ever remove into your mind the possibilities for the price would go into the opposite way.

Nothing is certain if we do talk about the future because we cant tell if what would happen into those ahead years to come.

Risking out something for something anticipated reward on this market is plausible but of course losses would also in the line too.


Title: Re: A friendly reminder
Post by: BuNga_cute on December 12, 2020, 10:02:41 PM
I believe Bitcoin will continue to rise in price, so from now on buying Bitcoin is a thing that must be done.
It is very profitable to hold Bitcoin in the long run, so collect as much Bitcoin as possible, then in the next
10 years there is a possibility that we can become rich. Never delay buying Bitcoin, because we might regret
it if the Bitcoin price is too high.


Title: Re: A friendly reminder
Post by: Asuspawer09 on December 12, 2020, 10:28:12 PM
I guess the best advice is to always save your bitcoin, since thinking about it there was really no reason for the bitcoin value to not increase in the future.

Personally, I have an Electrum wallet where I save my bitcoin for a long term and then still have bitcoin in Binance for trading purposes, supply and demand wise you could already assume that in the future market price of bitcoin will increase but still risky because something could always happen and maybe new technology could be created that is more superior than cryptocurrency.

But still, it is more like a high risk and high reward thing so always save your bitcoin for long-term investment.


Title: Re: A friendly reminder
Post by: Yamifoud on December 12, 2020, 10:46:24 PM
You could be right mate, Bitcoin price will grow more in the incoming years but accumulating more Bitcoins in the current market situation is not a good idea, better to start it during the bearish season.

Yeah, for those who come early in crypto and started buying and hold it, they are possibly doubling or even make a triple gains. Though we actually don't know what will happen next but seeing on the market chart, we are already have some insights that Bitcoin price is really growing and that we need not to miss a such opportunity.


Title: Re: A friendly reminder
Post by: Mike Mayor on December 12, 2020, 11:27:40 PM
It's easy to feel defeated if you were not some of the first adopters that actually held their bitcoin until it became worth something substantial. It is natural for humans to feel defeated and we need to remember about the future. We might all still be new adopters. I was telling people to buy bitcoin when it was $400 and I have ever since. Even when something is almost a sure thing people still refuse to listen. So I guess there are people here that still wouldn't buy bitcoins even if someone came from the future to tell them about it.


Title: Re: A friendly reminder
Post by: Axelseseclevz on December 12, 2020, 11:36:49 PM
10 years is not too long. Holding bitcoin for long term is really a good idea as long as you have patience to wait until it will surge high. It's not yet late to start buying bitcoin now and hold it for a long term. We don't really know what will be the future of bitcoin but based on the status of it, we can see that it has a very bright future.

But it is still up to you if you buy now and hold for a long run. It's up to you if you will take the risk to gain rewards later or don't risk and just regret that you didn't trust bitcoin.


Title: Re: A friendly reminder
Post by: newwest on December 13, 2020, 06:45:12 AM
If we speculate the Bitcoin market due to the institutions and companies that joined which I believe could dump their holding when new ATH is achieved i will say seizing the current dump in the price of the market it never bad but holding Bitcoin for 12 years(till the year 2032) advised by OP is what I don't support if the buyers were not among the accumulator during the $6K-$12K price range.

It could also be possible that with some fall in prices other institution will take their chances and call to invest big in the bitcoin as those might be just waiting for some fall. Seeing the growth and rise and other institutional players stated to come so there might be just few more waiting to take the opportunity and that could just push back the prices again.


Title: Re: A friendly reminder
Post by: michellee on December 13, 2020, 07:05:02 AM
If we speculate the Bitcoin market due to the institutions and companies that joined which I believe could dump their holding when new ATH is achieved i will say seizing the current dump in the price of the market it never bad but holding Bitcoin for 12 years(till the year 2032) advised by OP is what I don't support if the buyers were not among the accumulator during the $6K-$12K price range.

It could also be possible that with some fall in prices other institution will take their chances and call to invest big in the bitcoin as those might be just waiting for some fall. Seeing the growth and rise and other institutional players stated to come so there might be just few more waiting to take the opportunity and that could just push back the prices again.
As they have a large amount of money, they can buy many bitcoin at a lower price. They won't let that chance because they think that when the price starts to increase, they will buy bitcoin in a large amount. We should follow what they did if we want to make a profit like them. But still, we need to get more information so that we can buy at a lower price. We should try to become a holder like them and don't sell bitcoin if the price does not increase.


Title: Re: A friendly reminder
Post by: gabbie2010 on December 13, 2020, 07:18:38 AM
It is not too late to invest in bitcoin because some people have not put their full trust in bitcoin. While that hasn't happened yet, then bitcoin will continue to grow so that it hits its highest price, it will make bitcoin holders in 2020 rich, and can enjoy it.
For a long term perspective its not too late to invest in bitcoin, it is even advisable to keep on buying and accumulating as much as possible, the OP had made a salient point here who knows what the price will reach in few years to come?, bearing in mind that more institutional adoption is on the horizon this is the catalyst that will trigger the price to reach a new ATH, majorities of forum members here are also accumulating their coins for future.


Title: Re: A friendly reminder
Post by: Pom_bensin on December 13, 2020, 07:29:08 AM
It looks like if in 2030 bitcoin can reach the highest price, it will make people rich with bitcoin, I think this can definitely happen and this is a surprise to people who have since now and are on hold until 2030


Title: Re: A friendly reminder
Post by: kentrolla on December 13, 2020, 10:12:52 AM
It looks like if in 2030 bitcoin can reach the highest price, it will make people rich with bitcoin, I think this can definitely happen and this is a surprise to people who have since now and are on hold until 2030

What if you sell your holdings now and buy back again after few months if the price goes down, still you can hold and make profit Right? I am just saying because even now BTC is on ATH and who knows if the price goes down again also there are possibilities again it might take 2 years to get back to the same price. Why because miracles happens only once in 3years so think about it.


Title: Re: A friendly reminder
Post by: blckhawk on December 13, 2020, 10:57:51 AM
For the holders that read this thread on 2030, how does it feel to consider yourself rich by having only 1 bitcoin?

For those that read it on 2020, I have to say nothing but this. Buy. This world-changing project is only 10 years old. Who knows what will happen in the future. So that was it, just a friendly reminder that it's not too late. It's actually too early.
Well, its never been too late and you can invest or purchase whenever time you want because Bitcoin keeps growing overtime. You might find to expensive to buy right now but sooner or later Bitcoin will surge and this current price will be inexpensive. The only thing you must hone in this long term is to control your emotions and your patience. We're only just in the beginning so buckle up and accumulate more Bitcoin as much as you can.


Title: Re: A friendly reminder
Post by: bryant.coleman on December 13, 2020, 12:01:17 PM
Well, its never been too late and you can invest or purchase whenever time you want because Bitcoin keeps growing overtime. You might find to expensive to buy right now but sooner or later Bitcoin will surge and this current price will be inexpensive. The only thing you must hone in this long term is to control your emotions and your patience. We're only just in the beginning so buckle up and accumulate more Bitcoin as much as you can.

If you have the patience and the ability to wait for 4-5 years, then there is no harm in investing at current levels. Those who invested in December 2013 had to wait almost 4 years to see their investment in green. The same happened to those who invested four years later, in December 2017. They are still in loss, but we can expect them to be in profit by next year. So if you can wait for that long, there is nothing wrong in investing in Bitcoin.


Title: Re: A friendly reminder
Post by: Yatsan on December 13, 2020, 09:25:09 PM
It is such a nice way of thinking to foresee that each and everyone will still be able to maintain having 1 bitcoin up until the year 2030 which is 10 years from where we are right now. Actually the advice of just continuously buy or obtain Bitcoin is kinda good since we are seeing it progressing as of the moment and even it price drops down a little bit can be considered as an opportunity to be taken to buy a small part based on what you can afford to have. But since we cannot totally predict or know what are the things that can happen as we go along the years, it cannot be sure that people reading this in year 2020 are still all having at least 1 Bitcoin for there are relatively other things that are needed to be considered specially upon managing your funds for the better. But indeed it is great that you just continue to buy as long as you can but do always consider to properly handle your funds effectively.


Title: Re: A friendly reminder
Post by: Twentyonepaylots on December 13, 2020, 11:52:18 PM
I envision everyone owning atleast a bitcoin in the near future. Insurance companies offering contingency plans for bitcoin to make up for the huge market this cryptocurrency is creating, and a bunch more opportunities the bitcoin door would open just by merely existing in the virtual space alone. It's a revolutionary project that allowed a lot of people to reclaim control over their lives. Thankful to be acquainted to this coin.


Title: Re: A friendly reminder
Post by: michellee on December 15, 2020, 02:52:27 AM
I envision everyone owning atleast a bitcoin in the near future. Insurance companies offering contingency plans for bitcoin to make up for the huge market this cryptocurrency is creating, and a bunch more opportunities the bitcoin door would open just by merely existing in the virtual space alone. It's a revolutionary project that allowed a lot of people to reclaim control over their lives. Thankful to be acquainted to this coin.
I think that will happen soon after bitcoin becomes more popular and bitcoin can be known in all countries. I don't know how the insurance companies can offer bitcoin's plan since the bitcoin price is not stable, and it could make people worry about seeing the price. But people who own bitcoin in their wallet will be glad to know the price will increase, and that can make them buy more bitcoin and hold it. Our hard work will not disappoint us in the future, especially if the bitcoin price can hit the highest price in the next 10 years.


Title: Re: A friendly reminder
Post by: Xinarae* on December 15, 2020, 03:47:17 PM
It is possible to own Bitcoin if you have enough capital. There are many traders in the crypto market who have invested in Bitcoin. This is a great opportunity for them to win and Bitcoin investment will rise to the very top of the future which will improve the world and will also introduce Bitcoin in countries that are not legal. Traders make a lot of money when the price goes up because it is not stable. The ultimate opportunity for traders to win Bitcoin is to wait patiently for the price to rise and the traders will be very happy if the price rises.


Title: Re: A friendly reminder
Post by: Mike Mayor on December 15, 2020, 11:44:52 PM
Well, its never been too late and you can invest or purchase whenever time you want because Bitcoin keeps growing overtime. You might find to expensive to buy right now but sooner or later Bitcoin will surge and this current price will be inexpensive. The only thing you must hone in this long term is to control your emotions and your patience. We're only just in the beginning so buckle up and accumulate more Bitcoin as much as you can.

If you have the patience and the ability to wait for 4-5 years, then there is no harm in investing at current levels. Those who invested in December 2013 had to wait almost 4 years to see their investment in green. The same happened to those who invested four years later, in December 2017. They are still in loss, but we can expect them to be in profit by next year. So if you can wait for that long, there is nothing wrong in investing in Bitcoin.

This is what I don't understand with people. They can't be patient. If you are not willing to wait 4-5 years then you shouldn't be investing you should be gambling instead. Investments are like trees they take time to grow.
People who want instant gratification shouldn't invest. However, if you spend and use bitcoin anyway then you will always have some, which is a pretty cool way to look at it.


Title: Re: A friendly reminder
Post by: suzanne5223 on December 16, 2020, 12:21:36 AM
If we speculate the Bitcoin market due to the institutions and companies that joined which I believe could dump their holding when new ATH is achieved i will say seizing the current dump in the price of the market it never bad but holding Bitcoin for 12 years(till the year 2032) advised by OP is what I don't support if the buyers were not among the accumulator during the $6K-$12K price range.

It could also be possible that with some fall in prices other institution will take their chances and call to invest big in the bitcoin as those might be just waiting for some fall. Seeing the growth and rise and other institutional players stated to come so there might be just few more waiting to take the opportunity and that could just push back the prices again.
[Snip]
 We should follow what they did if we want to make a profit like them. But still, we need to get more information so that we can buy at a lower price.
How can we follow the institutions accumulation when we usually dont when they buy Bitcoin until they make public announcement and we dont know if accumulation is genuine or it just their own way to influence the market.


We should try to become a holder like them and don't sell bitcoin if the price does not increase.
If we are a holder like the institutions then we will never be a true crypto enthusiast because 70% of all institutions that join crypto are those who see crypto as a new opportunity to make profit since the world economy melting down.


Title: Re: A friendly reminder
Post by: michellee on December 16, 2020, 03:32:29 AM
[Snip]
 We should follow what they did if we want to make a profit like them. But still, we need to get more information so that we can buy at a lower price.
How can we follow the institutions accumulation when we usually dont when they buy Bitcoin until they make public announcement and we dont know if accumulation is genuine or it just their own way to influence the market.
The meaning of following the institutions is to buy bitcoin when the price is down. That is what the institutions do if they see the bitcoin price. We don't follow their news about when they buy bitcoin, but we know when bitcoin price is down, so that means we can follow their step to purchase bitcoin.

We should try to become a holder like them and don't sell bitcoin if the price does not increase.
If we are a holder like the institutions then we will never be a true crypto enthusiast because 70% of all institutions that join crypto are those who see crypto as a new opportunity to make profit since the world economy melting down.
That will not be a problem since we want to make money, whether we are personal or institutions. But I am sure if they can make money from crypto and know that the crypto world will not be just about bitcoin only, we will learn and search for other coins that can be the next investment. In the future, they will become a crypto enthusiast.


Title: Re: A friendly reminder
Post by: panganib999 on December 16, 2020, 04:31:32 AM
Well, its never been too late and you can invest or purchase whenever time you want because Bitcoin keeps growing overtime. You might find to expensive to buy right now but sooner or later Bitcoin will surge and this current price will be inexpensive. The only thing you must hone in this long term is to control your emotions and your patience. We're only just in the beginning so buckle up and accumulate more Bitcoin as much as you can.

If you have the patience and the ability to wait for 4-5 years, then there is no harm in investing at current levels. Those who invested in December 2013 had to wait almost 4 years to see their investment in green. The same happened to those who invested four years later, in December 2017. They are still in loss, but we can expect them to be in profit by next year. So if you can wait for that long, there is nothing wrong in investing in Bitcoin.

This is what I don't understand with people. They can't be patient. If you are not willing to wait 4-5 years then you shouldn't be investing you should be gambling instead. Investments are like trees they take time to grow.
People who want instant gratification shouldn't invest. However, if you spend and use bitcoin anyway then you will always have some, which is a pretty cool way to look at it.

Indeed. The idea of instant earning isn't possible more over to those people who are always just sitting and still want to earn. It is okay to invest in something then wait for a long period of time, it is called a long term profit payback. But ofcourse. If you want to earn more, you must decide and think of a way or more businesses that might give you some extra income. As a friendly reminder, you must always think harder and wider. You must not stick to the idea of just earning in a single type of business. Making a business in the beginning is super hard yet when it comes to starting up but as like as what is said, when it grows just like a tree it will be worth it. Don't you ever just focus or putting too much effort in gambling, it doesn't what you think or easy to earn profit.


Title: Re: A friendly reminder
Post by: taufik123 on December 16, 2020, 04:47:25 AM
That will not be a problem since we want to make money, whether we are personal or institutions. But I am sure if they can make money from crypto and know that the crypto world will not be just about bitcoin only, we will learn and search for other coins that can be the next investment. In the future, they will become a crypto enthusiast.
People who are new to crypto and also institutions only know about bitcoin, even though there are many other cryptos that can be used as investment and generate profits. But when you know there are many altcoins, the risk will increase. Some people are even trapped in fake and unprofitable investments, so this will also make crypto an asset that cannot be profitable and always be detrimental.
Before thinking about making big money with crypto, it is better to know the risks involved in crypto.


Title: Re: A friendly reminder
Post by: michellee on December 17, 2020, 03:47:58 AM
That will not be a problem since we want to make money, whether we are personal or institutions. But I am sure if they can make money from crypto and know that the crypto world will not be just about bitcoin only, we will learn and search for other coins that can be the next investment. In the future, they will become a crypto enthusiast.
People who are new to crypto and also institutions only know about bitcoin, even though there are many other cryptos that can be used as investment and generate profits. But when you know there are many altcoins, the risk will increase. Some people are even trapped in fake and unprofitable investments, so this will also make crypto an asset that cannot be profitable and always be detrimental.
Before thinking about making big money with crypto, it is better to know the risks involved in crypto.
Many new people don't know about it because they lack information about investing in crypto. But soon after, people or institutions know that cryptocurrency is not just bitcoin. They will research more to find the other coin that will have the potential to give them profit in the future. I admitted that some people are trapped in fake investments because they are greedy for making money in a short time. So they think that investment is some a short way to make money.


Title: Re: A friendly reminder
Post by: famososMuertos on December 17, 2020, 11:07:26 PM
No matter how long it takes see an ATH, bitcoin will always have an "interesting" price.
When it all started, it was interesting to know that something gained value in simple trust among a small group of users. That for me is the most "significant" price of all, the lowest that bitcoin has had.

On the other hand, I do not think that we have to leave all the weight of future earnings to the simple price of bitcoin, the investment models and the influence that bitcoin could have in 10 years can create niche opportunities in different types of business models. This can bring you more profit than the same value of bitcoin, even if the bitcoin does not reach the estimated values. ​​The social-economic influence in the future of bitcoin should always be considered.

Today it already exists! there are many investors, entrepreneurs making money at the expense of whatever "$" value bitcoin has.

So if you are going to wait 10 years for bitcoin to acquire all-time highs every year, Ok!  it is part of the bitcoin approach but not the whole, in fact the future of bitcoin is not in the passive holding of bitcoin but in the ventures that arise based on their technology and the use of bitcoin.

The future of bitcoin is not just thinking about making its value of 1 BTC profitable, it is seeing that there are 100,000,000 in opportunities.



Title: Re: A friendly reminder
Post by: MCobian on December 17, 2020, 11:24:20 PM
It's a good idea to collect Bitcoin from now on for a long-term investment, because if we learn from the history of Bitcoin pumped in 2017.
Then now in 2020 it is happening again, even this year Bitcoin is able to reach a new all time high. This has really convinced me to collect
as much Bitcoin as possible. For people who are impatient and want instant profit, you shouldn't buy Bitcoin at the current price. Because
there is a possibility that the Bitcoin price will be dumped, so please wait for a correction to occur.