The time of buying must be planned very well because if not, you're going to panic.

I do agree that the time now can also be the time for buying. But if you don't think that the price is right, you have to wait for a lowered price before buying again.

It is really $100k that's being predicted by most and we're all excited about it, whether it happens this year or not.

For those that cannot do technical analysis, I agree that holding is the choice.

Trading can be complicated for those that don't want to dive in with it because  there are too many things that you have to understand. Since you're already taking the risk with it in short term.

Might be better bringing it up long term.

They say negative of what they've heard through the media.

It's a big contributor to their decision when they only see those bad news about bitcoin like the usual news that they're going to add that, bitcoin was being used on deep/dark web.

And that's it, they're already discouraged.

It's not going to happen.

It's like having a world that has all businessman and there are no people that shall work for them because everyone is rich. There's the balance in the world.

And that's the sad reality that has been happening ever since the old days and it will continue in the future.

We'll still not know what shall happen for the next years up to 10 years. But if someone thinks of that long, he can eventually sell even before reaching 10 years.

If someone hits the price that he wants at 3 years or lesser, he can just adjust his decision and not follow what he has set before. There's no bind in decisions as long as you won't regret when you sell or you do a buy back afterwards.

It is a fact that you won't think about it after you've invest your money to hold bitcoin.

But there are also those people that are not quite well with their living but has the patience and has the best risk tolerance that they can wait until what they hold matures and is fine to sell.

That's the advantage that the rich gets richer because risk is nothing to them while those who are striving hard in life, they have to choose and take the risk as much as they can to move forward with better result or try again if they fail.

Yeah, it will vary as per the trader.

But to me, I'll choose those take my ROI faster if it's possible and won't allow to trigger any greed that shall come if I'm already in profit. That's where many traders are going wrong.

They are already in profit but they choose not to take it with the hopes that it will give them more profit so they choose not to sell but the opposite occurs.

Signal?

You don't need that actually if you're trading. You need indicators and verify them if they are really going to work out.

As part of trading, you'll be taking the profit always at your very good trades.

There are people that are new to investing but despite the bad situation that they've got and with the little investing capital that they have, they're managing to grow it a little by little.

The situation is really a struggle for every one of us but that shouldn't be the reason for one to stop investing.

It is true that they're more emotional and don't have the patience just as the traders that have been trading for years.

That's what they have to have when they go in trading. Surely, they're going to lose if they're only relying on their decision without being patient for each decision that they make.

Majority of us sold early.

That mistake can be corrected with our next actions so if you think that you've sold early then you have to correct it. Do not sell if you think the price is quite low.

Patience and discipline so you won't be panicking.

It's good to know that you understand it well before you're going to invest. Because there are too many newbies that despite the popularity of bitcoin, they don't have time to research about it first before buying.

And just to add, you can buy directly in popular crypto exchanges and don't have to go through a broker.

The long term is the most rewarding strategy in holding bitcoin.

But you're right that if someone who holds it sees already the profit on it right now, then he's free to sell. To me, I'm not yet selling and I'll wait for the right time which I'll be satisfied of selling it.

There's no pressure, there's no rush.

It's popular that there's a family that have sold their properties and everything for bitcoin on the year 2017, IIRC. It's before the bull run on that time and that guy's family is surely enjoying the risk that they've taken.

That example you've given, it's not that everyone can avail that but only a few and rare people have that guts to do it.

Even if bitcoin becomes a legal tender for a certain country, it will remain a volatile cryptocurrency. Nothing will change to its nature even the fact that it's being adopted as a legal tender.

In the future, we have to admit that both fiat and bitcoin will remain while the latter is an option for most transactions. We've got options for investments whether we want to use it to invest in another project or hold it as the investment in itself.

Salaries used to have taxes so it will be bound to taxation as it goes into income tax.

It will go the opposite as the demand goes high, price will go high so does its value.

It's because of inflation, a country can defeat inflation but no one knows how long they'll be able to defeat it and only a few countries do that.

No, just apply the supply and demand and everyone is free to use it for whatever purpose it can be used.

It will still affect you with the market's volatility.

But we both do agree that with such amounts, it's not for every newbie because it's risky for them and that's what they should study first and make a decent strategy through depositing with smaller amounts.

It suits them as they start.

There's also the advantage of thinking about investing if there's such a sign or you think that the market is going through a bear market.

We're not also sure that this might be a trap and that's very likely because we saw that happen before so, someone who's asking if it's okay to invest in bitcoin.

It should be decided that whether the market sudden go into a bear, he has anticipated this.

He just compared what he did and what he must do when in times of hardship.

Thinking that bitcoin could also be a religion is literally odd. What we're going to see in the future? bitcoinism? well, that's enough I guess and there's no need to bring up such a topic that brings religion and bitcoin at the same as a comparison.

But that's an idea that I have never thought of before.

Another rumor again and there's no official statement coming from Aramco.

It would be a positive rumor but it seems that there's no big effect on the market. While hearing news from the west even it's just a rumor, there's a quick effect on the market.

Let us say they're going to mine bitcoin but the temperature and nature of the country aren't really friendly to mine bitcoin aside from the country itself if they are or not friendly to bitcoin.