That's the great expectation. I always look up to such a scenario after I experienced it firsthand in 2017. It was the first ATH I experienced and the feeling beat everything else. Those who've experienced a Bitcoin circle will tell you that every crash or dip is an opportunity to buy more and not to panic. My projection for the next ATH is that it will do at least a multiple of two of the current ATH ($68k+). This may look impossible, but it will be nothing when the bull rally begins.

First off, you should've edited your little post for errors before posting (or after you posted it). Secondly, I don't believe your story of getting paid in Bitcoin where there's no other option of payment and you made it sound it's being foisted on you. Nah! Things don't work that way. There's always an understanding before that's done. If you wrote for merit's sakes, you can see it fell flat on its face. Next time, just be yourself and don't write to please anyone by making up stories.

Apart from providing me an extra source of income in trading it, Bitcoin has proved to me that it's a seamless transaction whenever I use it for investment as against the bottleneck that arises when using fiat. I make a transfer to an account I'm funding and within minutes it reflects. That's the beauty of Bitcoin as it cuts off middleman in the game. So, who wouldn't want it to stay even if it's just for the stress it takes off one? The same transaction that could take me days paying with fiat, it's just a few minutes with Bitcoin payment.

Judging by how Bitcoin circle has been, 2014 wouldn't have been a nice entry year as it seemed Bitcoin was just coming off a bull year. So, price would've still been on a steady decline. Of course, I know that those who buy to hodl wouldn't care if they're buying high or low and would target anything like a perfect entry. They just buy. 2015/16 would've been a perfect time for shrewd investors just like 2023 is now. It's good you've noticed that investment in altcoins isn't as safe as that on Bitcoin.

Nope, you MUSTN'T. It's a choice you ought to make by yourself without any coercion.

But of course, we know that everyone enters and exists at different times. That's why it's possible to buy or sell at different times and still make profit. At the recent ATH in 2021 of $68k+, there were those who bought at that level, hoping it would continue to go up while some exited the market at the same time. Those who bought that high are not likely to sell now even though we know price has rallied up against what it used to be in Jan or so that it ranged below $17k. Those who bought around that range then won't have any regrets selling now but certainly not those who bought at ATH. That's how it works.

What happens when price falls as a result of withdrawal is just simple panic and that typifies market reaction in the negative. A lot of investors who aren't chart readers take their cue unnecessarily from what they see others do, whether good or bad. So, they find others selling; they also sell. They find others buy, they FOMO and buy  It's a ripple effect that is capable of causing panic selling or frenzy buying. Price will expectedly crash when supply gets higher than demand or rises because demand gets higher than supply. It's a natural market dynamics that fixes price not anyone.

This is simply because investors are always quick to take profit when they see any little rise in price. Once that happens price goes down again and it looks like a dip. This artificial dip that's caused by the fast sale will panic others who ordinarily would want to wait to quickly join in the panic. This happening repeatedly would cause price to continue to fall instead of maintaining its balance and going south. If only whales or big investors wouldn't want to always cash out at every little rise, bull season would be staying longer than it does.

The only reason, I should think, to the best of my perspicacity for patronising centralized exchanges won't be far from the fact that they afford users an ease of trading and the availability of several cryptos to choose from on the site. Dexs don't have the type of options of cryptos centralized exchanges have. They have limited trading pairs. As for those who don't trade but keep their coins on Cexs, that's bad and should be discouraged because Cexs aren't safe and secured.

You're absolutely spot on and definitely not the only one who feels that way. Whenever I've cash I want to invest without taking unnecessary risk, it's Bitcoin that first comes to mind. The belief that no matter what happens, every dip that Bitcoin encounters will surely recover is there. I like to advise newbies who seek my opinion on crypto investment to do more (if not all) of their investment in Bitcoin.

Yeah, the real investors are those who buy during the bear market and hodl into the next bull season before selling off; thereby allowing the circle to complete and repeat itself. Those who buy and hold without selling off at any point aren't helping advance and complete the Bitcoin circle. Hodling without selling off won't create the necessary dips that allow for the redistribution of wealth. If everyone is hodling and not selling at all, price won't rise.

To be sincere I don't like the idea of hodling when it's a bear season. Why hodl when you know the market is dipping? I experienced it in 2018 but never allowed it to repay itself in 2022. It's the same way I won't be hodling in 2026. So, before holding check what the market situation is like.

The issue with your friend isn't that he placed multiple trades. What happened was that he didn't apply Money Management principle. Everyone who trades multiple pairs at the same time knows how to reduce and control their risk. He should determine whatever he's going to lose (in case it goes wrong) or it goes well in profit. The major issue in trading isn't the profit but the loss side of it.

Wow! How you quickly went on the offence is what beats me here. My dear, we aren't in competition. Do whatever that pleases you. I only stated that you omitted a crucial part of trading in what you listed. I don't know why that should spike your adrenaline level.

Oh really? They aren't indicators? You miss the point of what indicators are then. If you haven't heard the term "leading indicators" before now, you should've checked it out before laying yourself bare in public. Again, you said those set of indicators dance to the change in price? That's ludicrous to say the least. If you actually understood what they're you would know how false your statement is. Lastly, every trading plan and strategy can be coded.

Well, to each what works for them.

Nor be lie at all 😂. Na continuous strolling man go dey do around that area oh.

Somehow somehow, the meaning nor too tally. Maybe you go need explain again.

Chairman, abeg we nor too go school for this thread. Na im make us dey use pidgin English dey yarn. Edit your post to pidgin.

Congratulations to all that participated and to those that won something, especially Nwada001. You deserve an applause.

I was going to say don't bet on it before I saw this second message of yours. Every flimsy and lazy scam has someone failing for it. If not, scammers would be out of business a long time ago.

For a scam to be successfully executed, there are greedy minds who want to exploit the person who's introducing that deal to them. Both the deceived and the deceiver, in this situation, are both dishonest people. In most campaigns, a Hero ranked account goes for $80 and above weekly. Yet, someone supposedly wants to flog theirs for something far less, and someone thinks all is well?

Our politicians nor dey take us to be anything at all. If not them for don put the democracy wey dem dey see for foreign countries for Naija. Nigeria na very corrupt country, I dey tell you. If not how people wey dey sound and fit go campaign for a sick old crook with drug case to come lead them or even campaign for Atiku wey get bad record too. It just shows that anything goes in naija. Old men nor wan do the right things again. Na cruise we dey now.

Philosophically, life is full of seasons – there's time for everything; a time to be born and a time to die. There's also a place for ups and downs in life for everyone. These turn of events must be experienced in one's life, whether we like it not.

---

No trader would say at any point in their trading experience they didn't share this mindset. We all did. At times one would even think there was a kind of conspiracy with a monitoring evil glued to one's device to foretell one's activities. However, as we wised up on the journey we've come to understand that there's nothing of such.

That's the beauty of trading. It keeps everyone on their toes. No one can beat their chest and say they've outlived losses.

Yes, this is sadly true. I know why it's that way. It's because everyone wants to lie down on their pillows with folded arms while waiting for their investments to yield dividends without flexing muscles again. They don't want to be bothered about checking up anything after they've made the initial investment. They want others to bear the burden for them.

I did same thing a few years ago. I bought Bitcoin for the person and then taught him how to hodl it in a wallet by himself. I was reporting the progress of the investment to him until a certain rise I asked him to sell off. However, the thing is that after that investment, he didn't reinvest and I wondered why it was so. I came to the conclusion that there are things you can't force anyone to learn if they aren't interested in them.

Bitcoin or crypto investment isn't for the faint hearted. Those who go into it should know that. We only feel excited when it goes well and in our favour (that's when we actually bought in before price began to rise) but beat ourselves hard when in loss. I'm sure those people asking you and regretting they didn't buy in at early stage would've sold off long time ago if they had bought in as early investors. Isn't that what so many people are doing now with other altcoins with utility? They buy these altcoins cheap but quickly sell off once price does X10, only for them to start regretting if price continues on a high. My take on this whole thing is that there's never a late time to buy into Bitcoin, except one is buying to quickly sell off and that isn't what Bitcoin is for ideally.

Yes, it's exciting for me. In fact, the halving event is what keeps me resolute whenever I see price dipping. I only have to remember that there's a silver lining around the corner and that the darkness occasioned by the bear is just momentarily. In my six years on knowing Bitcoin I've observed it go through worse moments (I can't say worst yet). That didn't kill it. It rose from all that like a phoenix. The halving events have been largely responsible for that as scarcity adds value to things. It's the same with Bitcoin.