Bitcoin is a great coin that is way more bigger than the other coin, bitcoin is special I see it as world currency.
When investing on Bitcoin all we should bear in mind is that, this coin will always become better and bigger so when investing don't wait for it to come down in price before investing because that may never happen instead it will keep going up.
For those who has the financial strength I will advise you invest big on Bitcoin and for those who don't have much financial strength I will advise you invest as you can, 10 years ago people who had the opportunity to invest on Bitcoin and didn't are still regretting till date and I still believe people in 2024 will still regret in 5 years later for not investing on Bitcoin, some will also regret on investing low.
Buy as much Bitcoin as you can keep buying don't wait for it to come down before you buy, Bitcoin is a world class coin and the greatest that will ever be.
It's good to view bitcoin as a good asset but when you said that it would keep going up that may be an overly optimistic and bullish expression, it's bad to view bitcoin like that as tho they aren't times that the price may seem to be only reducing too and all this doesn't matter and shouldn't concern you if you are just starting out with bitcoin, IMO there are a lot of other things a new investor should be more concerned about than price movement which should be to get started buying bitcoin and figuring out how much you can invest in bitcoin without been affected by it, its more advisable to invest with your disposable income which I preferable view as money I won't miss or like a savings in bitcoin and that is because no one wants a situation whereby he needs the money he invest so soon or might want to touch or sell portion of his bitcoin and also in a senerio where anything can happen to bitcoin you won't be so bothered about that or be in a mess. I believe that these should be your concern now that price movement or been too optimistic that bitcoin would only go up than down, yeah there are also such possibilities but I prefer not to talk about those, but one thign you must remember is the only way to prepare for up is to have more bitcoin . |
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Bitcoin halving is already over so we have to wait another four years for new Bitcoin halving and it is not possible to continue the push-up mission for these four years. I missed this year's halbing and I missed this push-up mission competition even more. Hopefully, I will participate in the push-up mission again in the next 2028 halving.
You seem to mis understand the purpose of this thread and challenge altogether, we are not here just because of bitcoin halving or just because we want the price to reach 100k, we are all participating in this challenge cause we want to have a good physic and be more healthy, yeah what brought us together is our love for bitcoin and we all want to see it grow but that shouldn't mean that after the halving is over or after it has reached 100k then we all stop and all the effort we have put in keeping this thread alive be wasted, IMO it's good that we participate here for a good reason other than bitcoin reaching 100k although it's the main purpose of this gathering. I missed reporting for two days now cause I did have a little issue with my laptop and was unable to reach out to post here, anyway that didn't stop from doing my push-ups for that two days, I found myself more free than usual not working for that two days, so with that free time I just felt like doing more excerise than my usual. I remember a while ago I thought it impossible doing up to 200 push-ups in a day but I broke that record and did well 230 push-up for yesterday and 200 for the Day before. I'll add them all together to my report today, for today I got really lazy and was slowed down a bit by work so I wasn't able to keep to that record, I did 150 today just because I did substitute other work out for it. My report for today. 100k,Troytech,34,2575,2024-04-23. |
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Bitcointalk Usermane: Troytech
Blackjack.fun Username: Troytech
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I’ve been on losing streak for almost 3 weeks of gambling, not daily but in random basis for over 3 weeks. Mostly I play only live blackjack using small bankroll around 50$ to 100$ . No matter what I do, slow play or whatever betting strategy makes me lose since dealer card is always so good around 90% of my game.
What I did is I stop gambling for a week and decided to try different game so that my mind will be fresh and positive. I play slot games and manage to win huge amount that is enough to recover my 3 weeks losses and gain a decent profit. I’m just using small bet on slot games when I hit the huge jackpot.
In conclusion, if you are already having a rough time on playing same game over and over despite you have a good experience on it before. Trying new games to you and taking break will help you to snap out of your losing streak because chasing losses usually make us trap on our losses.
In your case, how do you approach when you are on losing streak so badly on specific game. Does changing game works for you?
You know if you had never stopped you might have continued in the cycle of chasing your loses in that particular game and worst of all is when your mind is now corrupt that you are not in luck and can't win. This is the same reason i hate playing virtual in gambling shops , cause at times you can be stucked in a losing streak and have very few options that you may like apart from football simulations. I just prefer playing on my phone so when I'm losing and my mood is changing I just switch my device or close the app, my cool down procedure when I'm in big loses is to to just watch movies on my phone. Gambling at your comfort rules   |
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Does gambling needs experience or anyone +18, even the inexperienced one can also play? Though playing gamble has a limited age grade or age bracket and the accepted is from +18 years and there are some casinos hall at the door post, it is written clearly that it is only people of +18 can play. But what about the inexperienced ones, are they allowed to play gamble as well? Or they are also restricted to have the fun? In my observation, there are two elements to participate in gambling. One, you must above 18 years in my country and secondly you must have an experience to play, so I want to know if inexperienced people can also play gamble.
Legally anyone who is above 18 is allowed to gamble but I also feel that no one should rush into gambling without having some prior experience and some restrictive knowledge in other not to get or control addiction and know how to set rules on himself. Gambling while a fanfare activity for some can also be the downfall of anyone who dives into it without any caution on it'd bitter side. I think that while anyone +18 should gamble there should also teach them about the bad side of gambling or maybe some mentorship from anyone who has been involved longer enough to teach them. But hardly would you see someone just download a gambling app to gamble without some influence from somewhere, like I started by taken games codes from friends and later I was able to understand how it works by going for the normal pick who wins before exploring other options, so yeah it's quite unlikely that anyone just starts gambling without external influence. |
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Whether you're a seasoned gambler or new to the casino floor, understanding which games offer the best chances of winning can significantly enhance your gaming experience. Share your experiences, ask questions, and get insights into which games statistically give players an edge. Whether it’s house edge percentages, player strategies, or personal anecdotes, let’s uncover the most player friendly games out there. All levels of experience are welcome  I'm mostly odd driven when I comes to choosing games to play, cause at the end of the day its all how much you stand to get that matters, while some may say the higher the odd the less chance you have to win, I think the opposite, I just prefer to select two games with huge odds (2-3 to be precise)and I stake on it. Now which game that is most player friendly ?, I can't really say for sure, but off recent I just had this attachment for stimulated games, the quick money theory seem to be getting me, have you tried aviator games on sportybet, guess you may like that. |
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When someone puts in money into gambling, he should be prepared for two things because there are two things involved, it's either the money is lost or you get some extra more cash (depending on the odds you chose to bet on). and when you eventually win and get an extra cash, two things are still involved.
it's either you walk away with your profit or you decide to try again with the hopes of making more money because you believe today might just be your lucky day.
If you chose to walk away, then you're on the safer side, and if you choose to go again, there are still two things involved. It's either you win again or you lose your profit as well as what you won earlier.
If you win again and walk away, then you're safe, but if you lose the bet, there are still two things involved. It's either you decide to cut your losses and walk away or you decide put in another money to try again and see if you can manage to recover what you've just lost.
If you walk away, then you're safe but if you decide to put in more money and try again, there are two things involved. It's either you get lucky and win back your money or you lose the bet and throw away more money while trying to make a recovery.
If you win back your money, then you're safe, but if you lose, there are two things involved. It's either you accept you've been defeated and walk away with whatever you're left with in your account/bankroll or you decide to chase your loss by doubling your usual stake so you can win and recover the ones you've lost with just one single bet and then retire for the day.
If you accept defeat and walk away, then you're safe, but if you say NO and decide to go in harder, there are still two things involved. It's either you get lucky, win and manage to recover your losses and then run away or you lose the bet once more and lose more than you planned to lose that day.
If you win the bet and run away, then you're safe but if you lose again, there are still two things involved. It's either you finally realize that the whole loss chasing is pointless and will only lead to more losses or you become more desperate and frustrated and then decide to go again, this time with a much higher stake or even decide to go all in with everything you've got to make the final kill.
If you realize yourself and walk away while you can, then you're safe but if you decide to go in with a much higher stake or all in. There are two things involved still. It's either you suddenly become the luckiest man on earth by winning the bet and running for your dear life orrrrrrr you become unfortunate and lose all your money and your frustration multiplies by 10 with an addition of confusion.
If you win and run away, then you're safe but if you lose, there are still two things involved. It's either you pull your sorry ass together and give up full of regret or you decide not to give up and decide to take a loan ( for someone who can easily access a loan).
If you give up, then you're safer because with time you'll recover from your losses, but if you decide to take a loan, there are two things involved. It's either God decides to save your sorry ass and allow you to win the bet (because at this point, only God can save you) or you lose the loan money completely and then this is the point you realize what you've done to yourself and then go back home and work your ass off to repay the loan and pick up the remaining pieces of your broken life.
This is exactly what happens to gamblers who refuse to gamble responsibly but decide to chase their losses. I hope you all learned a thing or two from this little rollercoaster ride.
Although it's quite funny the way you wrote the post, it's quite true, which ever decision you make creates a while new possibilities for another two decision again which is kind of funny. You might also try changing the way you wrote this post cause to sincere, if I wasn't tasked to work, I wouldn't consider reading this post to the end. Next time you could summarise the whole context instead of making It so continuous. |
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You're hitting on something big that many miss. Gambling is about people, not flashy casinos. Competitiveness drives us. It grabs anything, even silly games. Its obvious: things start innocently, then emotions heat up, the desire to win rises, and habits form. It starts like this for some. The absolute brightest minds recognise this human inclination. Even when having fun, we must look for early signals. These small games may inspire some to seek that rush in broader ways. Keep those competitions pleasant. Try skipping bets for safety. Its fine to desire to win, but caution goes a long way.
Your very right about this, competitiveness drives us, thigns can go from a mere play with friends into showing who is boss, like today I went to the field to play football with my hood friends, but we had not all gathered together completely to play a 11 to 11 Match so we decided to play a mini game called fool( I don't know if you have hear about this but its quite popular in my area, we play a game of 3 wings and one persons plays chase in the middle and who ever loses the ball to him would chase next 😉), we got into an argument of who would chase first, and the only option to decide this was to juggle the ball and who ever comes last starts the chase, two of my friends still argued about who was best at juggling and decided to stake 1k on it. To cut the whole story short, as long as people woudl want to compete it can also turn into a gambling event. |
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Those with full knowledge hardly argue about BTC and shiltcoin but sort the best way that will be favourable on their investment and holding BTC, I realized though I am still regarded as newbie that most people who compare it argue about BTC and hoping shiltcoin has something to offer are mostly newbie's.
I have come to understand within my little knowledge on this forum no matter which ever method used in investing in btc it's more profitable than investing it on shiltcoin, there is no reason one wasting it time in anything shiltcoin when BTC has made a way to accommodate all sort of people and their level of income, through the DCA method you must not start big but with time you will accumulate greater BTC and this will give rest of mind instead of using because of cheap nature of shiltcoin and run after and comparing at the end it fall you lose all your time, energy and money,were as BTC remain unshakable the best is going for BTC and avoid comparison.
Surely, I prefer to tell newbies to just say no to shitcoins, yet at the same time, each of us has to recognize and appreciate that everyone has to learn at his/her own pace, and surely sometimes people are not really going to learn or know about bitcoin or how it relates to shitcoins until they consider some of the relationships - yet I still think that if newbies figure out ways to learn about bitcoin first and to establish a decently strong investment practice in regards to bitcoin first, then maybe after a bit of time they can start to look at and consider various shitcoins, but at least if they are doing it from a position of already having had developed knowledge in regards to bitcoin, then they should be in a better place rather going into shitcoins and considering that they have some kind of an equal or similar role as bitcoin... Another thing when starting with shitcoins would be best to presume that they are a scam or that they are an affinity scam upon bitcoin, so presume that there is something wrong with them including that they are intending to rug pull users at some point, and another thing would be that if you do start to explore shitcoins, then there is no need to come to bitcoin-focused threads like this one and to talk positively about them.. but instead go to some shitcoin threads and discuss those matters within the appropriate other threads that are related to whichever shitcoins you are wanting to discuss. I will say that shitcoins and trading goes together because they are related to gambling and come with great loss when practice. I totally disagree with this statement here, trading and shit coin has nothing to do with each other, shit coin to me is what most of this developer used to rip investors of their hard earned money, while trading is a craft that comes with it own risk no doubt, but if you actually knows the craft and how to navigate your way around it bro, you will definitely be a profitable traders, so stop comparing shit coin to trading, because it's a craft you must masters for you to be successful in. Even if you are correct about shitcoins being wonderful places to make a lot profits, this thread is not about shitcoins or trading, so why is there any need to defend what you believe to be your way to success. It is not relevant in this thread, even if you might be correct, which I doubt that you are correct or that you should even trying to argue about the topic, especially since you already conditioned the idea of success upon "actually knowing the craft and how to navigate" .. fuck that dumb nonsense of wasting time, money and energies trying to figure out which shitcoin happens to be less shitty than other shitcoins.... or other dumb pump and dump ideas that really is not related to the ideas of long-term investing that we are talking about in this thread in regards to bitcoin accumulation. It's quite disappointing that for a while now the argument or topic of discussion on this thread has been a comparison between shitcoins and bitcoin which is quite absurd cause we have abolished such and more over the focus of the thread should be on how to buy bitcoin and better ways to accumulate bitcoin as it has been before this argument came up. I'm definitely tired of anyone trying to prove a point to me about shitcoin cause we all know and have our personal ideals about this matter and those should be kept off this thread, if anyone wants to talk about shitcoins there is an entire altcoin section on this thread and you can visit there to say all your bullshit and all help keep this thread clean. |
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Happy Halving to everyone, I mean it's a good time to start the 100 push-ups with the Bitcoin halving event, right? I would start today just to go with the trend anyway I mean we have nothing to lose here, doing push up every day is going to make us stronger not to mention what it can do to us mentally, exercise, etc. really a big help to me mentally and physically, I've been doing a lot of sports lately like basketball and badminton so it wouldn't really gonna hurt doing pushups as well. It would make our body shape great for sure I was overweight last year and because of physical activities, I'm from 95kilo to 72kilo right now so just need to keep it up.
Still, it's going to be a commitment, I've tried it already in the past and pushups every day were not easy especially if you are a huge man, like 90kilos, so better to start with a low number probably could depend it on the price of Bitcoin like if the price is 50k$ today then do a 50pushup today. I would probably do that since I wasn't strong to do 100 push-ups.
But I guess 20 push 20 5 times is gonna be doable for someone who is already fit.
Time is the only thing that is going to be tough especially if it is late if difficult to do push up if you are already tired.
You are 100% welcome mate to this challenge and happy halving day to you mate , think of it as a commitment to bitcoin and also a way to have a good physic and good health, you know there are still ways to could reach the 100 push-ups in a day without having to stress yourself out too much and sore out your muscles too soon, you can consider spreading out your excerise within the day or have a morning and evening routine for excerise which I am currently doing, this pattern helps me to finish up my pushups even in cases where I might be scheduled in the day, I'll just have to wake up early and do a few up to 50 and when I'm back in the evening I'll do the rest. You should also include your report In your post to enable them add you to the table, the purpose of the report was to create a means for us to keep count of our progress and how close we are getting to our target of 100k push-ups, The formatting should be like this 100k,YourUsername,NumberOfDays,NumberOfPushups,DateOfReport(XXXX-XX-XX) |
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Only weak holders would be discouraged by a small decline like now, because there are still more investors out there who continue to buy Bitcoin at this time without being discouraged by the current price correction. And if you are someone who thinks optimistically about achieving a price of $100K in Bitcoin, of course you will never be discouraged by the current condition of Bitcoin prices. Because you can think of it as an opportunity to buy at a lower price before the Bitcoin price heads to $100K.
Weak hands do not deserve to hold Bitcoin when Bitcoin gets to $100,000, any one selling Bitcoin because of the price is falling is a weak hand investors in spite the f what your investment strategy is, and they'll wish they never sold. After Bitcoin halving is done. Bitcoin will be on the road to get to $100,000 and it will happen so fast. Just as people did not believe that Bitcoin can get to $72,000 before the halving, they will be surprised when Bitcoin gets to $100,000 only few months after the halving. If you do not want to hold Bitcoin there are many institutional investors that would be willing to buy the Bitcoin that you are selling. There is going to be less Bitcoin for market buyers and price will rise because of demand of Bitcoin therefore a better strategy will be for you hold the one you have and look for money to buy more than to sell the one you own. You know we all have to look at thigns from the stand point that we Don't know the future and anything can happen right now , this would help everyone better define themselves and be prepared for anything that would happen in bitcoin. The question is what I bitcoin doesn't reach 100k after this halving, what if it takes another year or two before this happen, would I be disappointed or discouraged to carry on my bitcoin accumulation pursuit?,now if this is answered in your minds you would come to understand that it's far better to focus on accumulating bitcoin especially if you are still in your first 1-4 years in than even anticipating or praying for price increase. Most of you paying for bitcoin to reach 100k should also be aware that we would be buying bitcoin at a higher price which is bad news to me and that's is my worst case senerio right now, so what do I do and how do I prepare for up, the only way to be well prepared for up is to have enough bitcoin, infact more bitcoin In your stash, to me anyone busy anticipating price movements is a short term holder and a long term holder has no concern with such and should be more focused on buying more bitcoin. |
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Investors who are still afraid of the risks associated with their desired investments are not good investors. Because most true investors will carry out research, analysis, knowledge, understanding and also know the journey to determine their actions. And a true investor would not do this without having knowledge and understanding and knowing the risks involved, and this applies to any investment.And corrections are a common occurrence in the crypto market that we have to face, but we don't need to be afraid, because whatever happens will eventually bounce back. And this correction is only temporary because apart from aiming to invest long term in cryptocurrencies, especially Bitcoin, the results are also uncertain and also risky. Moreover, if you do not have a good understanding and knowledge of the coins you buy, it will be in vain and there is a risk of loss, therefore you must have good knowledge and understanding of the coins you buy. So that everything goes according to expectations and is also done very carefully.
Bitcoin is still at it's early stage and making too much of researches, analysis, and knowledge might make you not to buy Bitcoin because it is still a new growing asset where there can be lots of new things being introduced hence, having a basic knowledge will just be fine while you learn other things on your way up. And moreso, you can not know how the journey will be unless you get fucking started. There is no certainty that everything will go according to your expectations but rather you should be prepared for the up and down that may or may not happen. I also want to add that investing in Bitcoin is beyond only getting knowledge, researches and analysis but it also has much to do with your personal self conviction which will help you make an informed decisions as regards to your investment. Your quite right about this, the only basic knowledge anyone who really wants to get into bitcoin shoudl know is how to buy bitcoin cause it wouldn't matter how much you know and you don't have any bitcoin, so getting the fuck started is the best right move to make. Then if there are other composory knowledge to learn would be on how not to wreak yourself too early as a long term holder and that should be having an emergency fund prepared and how to take advantage of other buying strategies like dip buys to get more bitcoin for yourself. I also recommend new investors to learn not to engage in tricky practice that can be a risk to term like trading which should be trying to buy low and sell high. |
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Small transactions on bitcoin does not make any sense now at all. Like to make a $20 amount transaction, one has to pay about same amount, $20 in fees. This does not make any sense. Have you stopped using bitcoin for small transactions completely because of this reason ?
It depends tho, if its so urgent and I can afford to I would but if not I would compromise, besides I hardly perform transaction using bitcoin, except when I'm buying and when I do I do off centralized exchanges and I store them there untill there are up to a reasonable amount then I move them to a cold wallet for storage. I don't think it's that bad that you would consider to stop using it except you make transactions too often with it and little transactions for that matter, but if your use if for big transactions and no very often then it isn't that bad. |
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Yes.. who knows if Boron19 might be trolling us.
Boron19's report is also wrong 3x7 = 21
4x7 = 28.. .. either of those kinds of results would be weak and not even worthy of including in the table, and I suggest that less than 10 pushups in any day should not be counted... although there is no way for DirtyKeyboard's script to eliminate any of the reports unless the averages were to be less than 10 pushups per day, which I think would be best to do in order to not too much pervert the results that are showing in the table for the rest of us.
I agree with your suggestion, there would be no need to add such a weak report to the table cause IMO if someone really wanted to try and participate in this challenge he woudl try to do at least an average of 30 pushups per day and he won't stop there he should also improve on his pushups and try to hit higher scores, at the end of the day its all for each of our own good in keeping a good physic and staying healthy. Although some might complain that there are not acquitted with doing this excerise but that isn't an excuse to remain doing just 10 pushups in a day, when you can spread them out the day and even achieve up to 50 for a weak person, the only reason is see for this is unwillingness to participate in the challenge. |
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I was supposed to give my report this morning after I had finished my morning workouts but I just felt like going that little extra to make this day more exceptional by adding some extra In the evening, so I decided to go double today.
I did a total of 150 pushup this morning to complement my initial plan but I just felt I wasn't doing as I should to honor this day so I also did another 100 pushups this evening, although I could say I was more of a coincidence than promise, I just joined my friends to the gym so I couldn't sit and watch, I had to do some more excerise.
My halving day report really did beat all of my last record.
100k,Troytech,31,1995,2024-04-19
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Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing, their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers, but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
Fair enough to believe on the bright side, but don't look only at the bright side, the other side has a lot of lessons that it is teaching that you must learn, like someone made a post about investing without keeping emergency funds close by, and that is Lane cause you been so optimistic about bitcoin doesn't remove the possibility that things can go wrong and you lose all your holdings to some freely emergency, so yeah prepare for both good and bad as an investor. |
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Average Joe which are people who have nine to five jobs, not earn a lot and can live comfortable without luxury, is definitely can become rich with Bitcoin.
They just need to adopt frugal or minimalism living and they should use almost all of their money to invest in Bitcoin. They don't have to prepare emergency funds because Bitcoin itself is high liquidity currency which you can sell immediately for your needs.
The problem is people who don't earn a lot are diversify their investment, when your capital is low, it's better for focus on one investment until it grow so much.
Anyone who follows your advice is definitely going to end up in a big financial situation that he would regret, how would someone invest all of his money I to bitcoin without keeping his emergency funds or doing proper calculations to make sure he isn't choking himself by over investing more than he should or his income allows him to into bitcoin. It seems you don't know the role of emergency funds and your view of bitcoin is pathetic, emergency funds is like an Insurance that you don't sell off your bitcoin so early than you should due to any state of panic or un planed situation you find your self In, when people find themselves in emergency and they have no spare cash their instinct would drive towards any thign of value they can sell and in this scale bitcoin, so to avoid a situation like this to happen it's good to account for emergency funds in other not to be caught off guard. And bitcoin is not a ponzi scheme that you just invest all your money into, expecting a miracle, you should also know that anything can happen and you can end up losing all your funds or your investment fails to produce profits in the duration you plan to expect it. |
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Are you guys eating protein? That's what the body needs to make new muscle tissue!
 Chicken and turkey breast has been recorded to have a high quality nutritional values which contains lots of proteins, carbohydrates, vitamins and fats but contain more of protein which is very good for wellbeing. There is propaganda around getting people to each chicken or turkey and the white meat of the chicken.. so it is a bit problematic to presume that chicken or turkey would be better sources of protein, nutrients and fats... and there might not even be any need for seeking carbohydrates. To build muscles you need protein rich diet and I don't think white meat has enough protein as much as red meat, and I hardly love the idea of selecting which meat is best to eat from which, I just eat meat cause I love it. Has anyone noticed this, I you do your excerise I the morning before you start your work outs you tend to eat more after that, like this is the third time I'm experiencing this and today's morning was on a whole other level. After I had finished my pushups and other excerise by 10 am after going for 3 hours from 7 am this morning, I did a total of 125 push-ups, although I did more intensive abdominal excerise that should have locked my stomach a bit, I still found myself eating so much this morning and I'm yet to figure out why I tend to eat much after my workout every morning. My report for today 100k,Troytech,30,1745,2024-04-18. |
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I don't think I have enough bitcoin to be so excited that bitcoin would reach a sudden price of 1 million dollars, I'll be so disappointed cause I have not accumulated enough bitcoin and my 25% allocation from my weekly income into DCA would be so small that it can't be adding much value to my stash as It woudl be doing now, the last thing I'm anticipating right now is such a great price move. So before you make topics like this, make sure you have enough bitcoin to be anticipating such price increase, if not your no difference from a spectator that would be watching bitcoin make history.
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Personally I still hold it. Even though currently the price of bitcoin tends to fall, I am sure that in the next opportunity the price of bitcoin will reach a much higher ATH than before. My target is not just $75k but $100k, and I am determined to continue hold until the price of bitcoin reaches $100k.
You are definitely coming up with good ideas. During low BTC prices your holding will help you achieve your goals but you need to be more cautious. We will see a lot of ATHs this year - I think you should aim higher in the meantime as you may not get the opportunity to accumulate BTC at the current price. So I will tell you that you should make your target $100k fixed only then you will get more success. But why need to keep Hodling when we can sell now and buy before the growth? this market is going same thing like how it use to be in the past halving season in which the price will drop badly day before that specific date. But indeed that you can just keep holding if you are not in multiple chances of earning try not to deny the chances mate but try to be safer as well. You know you don't really have to be a diamond hand to know the risk in selling in a case like this, how are you so sure that the price would go down after now and what if you sell of yoir holdings and the price only continues to go higher. One thign I'm sure about is that bitcoin is unpredictable and no matter how much speculation that is done, it can't be 100% right, so it's good you approach with caution that anything can happen from here on out, rather than going with a fixed assumption that this is what would happen or something else. In a case of uncertainty like this, it's better to prepare for both possible outcomes, so I started of selling all of yoru holdings, it's better you sell only part and keep the rest, just incase it doesn't go your way and also keep extra cash to buy back if the price starts to soar I stead of reducing. If your are still an early investor with little bitcoin, it wouldn't be wise to sell off any of your holdings with expectations of buying back cause you may well end up not beign able to buy back or even giving up on accumulating bitcoin. |
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