Funny enough I don't believe that anyone who holds his investment for less than 4 yours is a long term holder except on cases where the person was able to accumulate so much bitcoin in such a short amount of time and maybe was lauck to invest in a time like this(for those that started invest maybe mid last year or from last year). Why short term investment is a abuse to investment and rather trading is because you are not following what an investment should be, how would you buy low and sell high without letting any compounding effect come on you investment.

Not possible? That's a really  limited view, based on the fact that you also have to think of it as a personal  development  mission too, as much as it's  a  bitcoin mission. You probably  should  rephrase that  it's going to be difficult  rather than impossible.  You  should take it as a routine.  Okay, for example,  when bitcoin  hits 100k, what else? Probably another challenge  till probably 150k or 200k which, in some sense is still the same  thing as  doing it for the next four years. 
You can also always  keep the challenge  alive. But then when it gets to it, its a decision  left to you, plus most times having vivid objectives  helps consistency. I feel you by the way.

Now to my report, it's been quite the increase in my consistency since I started Reporting here, I was able to go a week straight since I started without missing any day although I've not always been able to report here for each day , I was also able to reach 90 push-up today a little closer to hundred and I don't want to over stress my self about it today.

My report for today.

100k,teamsherry,15,1300,2024-04-23.

He should get a skill or go for knowledge, cause its better he does that than waste that money on life and from his age we can expect a lot of mistakes that he could make from involving in bad friends or drinking, smoking unhealthy gambling life and all that.

I would say he us more in need of a mentor and tutor than any other thing, he might not have enough experience to grow a business now, but its better he gets that money working with an investment while he gets himself in other with pursuing knowledge. I think that's all that can help him.

The kind of loans you are talking about here is the kind that comes from family and friends, no financial insight or legal money lenders would do that for you.

Debt IMO in not such a bad thing and can also be used in other ways, the only thing I frown on is when people take loans to solve problems like liabilities, how would you consider taking a loan to buy a PlayStation game or maybe a loan yo eat or get a dress, that is wrong usage of debt, debt should be used to make money.

Merit is a way that is used to determine the rank of users on the forum and a way to validate their post. Usually you would see a lot of persons make useless post on the forum but the merit system was introduced to reduce the amount of users posting rubbish on the forum.

Anyone can give you merit on the forum as long as they have smerit to spare which is gotten when a user earns merit on the forum(½ per 1 merit earned), although they are special users that are merit sources that are given a number of merit to give to quality post on the forum.

You shouldn't be bothered about individual preferences on what a quality post is cause they are several merit sources on the forum and other users that can give merit to you so if everyone skips your post then you should know that you've gotta improve on your post quality.

As long as the person getting into bitcoin can understand it then there isn't much issues and age wont be a limitation.
And there is also a level of responsibility that this kids needs to accept to be in bitcoin, like to be cautious to not send bitcoin to a wrong address and also if considering to invest in bitcoin they is also a level of knowledge they should have in oder not to mess things up so early.

So IMO it's not a matter of age but of responsibility and if theat child is willing to not be playful around bitcoin then he is good to go.

Na advice you give so, but no be every body wey dey capable to dey buy thigns in bulk, so them no get choice than to buy in bits so at least them fit chop, and it's not quite easy to save up to buy food stuff cause even daily expenses no go gree you, the only way this plan go work na for person wey dey earn areas up to 200k monthly wey go fit sacrifice that amount buy thigns in bulk and if you sabi bag of rice now na 89k, so no be small moni be that and buying things in bulk no be easy task as it seems, this you idea go work better for people wey dey eaen much.

From experience I know how hard it is to admit addiction especially to once self, in his mind he is fully in control which is right but he is also unaware that his decision to continue in that pattern that he is already used to is killing him and he might only realise when it's so late. At times only major loses can make then realise themselves or when they hit a pitfall in their finances.

I couldn't just miss doing my push-ups today despite how busy I was, i can't just start now to give excuses again when I just made a decision that I won't  miss a day again.

Happy halving to everyone despite its coming late, but still valid I guess, some blocks were minted today 

I was able to hit 100 pushups for the second time since I started this challenge, I guess it was because I was on a high protein diet this morning and I was also determined to do it anyway, for those struggling like me, I just deviced a means to be able to reach up to 100 pushups without over excepting your self, although it's been said here several times,

1) find a number of pushups that you could reach without much stress. For me 10

2)divide this into several sets and keep big breaks in as much as you can recover your lost strength.

That's how I managed to do a 100 pushups today, nothing special for some but for me it was a big deal cause I've been struggling between 50 and 70 and I gas so quick, but I was able to accomplish this today.

My report for today,

100k, teamsherry,12,1050,2024-04-20.

To me it's all hype, how many persons has really benefited from shitcoins aside their creators or the initial investors, I've hardly heard of anyone getting rich from shitcoins, so what is so attractive about it, people just prefer to follow the crowd and influencers than make proper individual research about shitcoin and do a good comparison themselves to bitcoin as an investment and that way we 2ont need to tell anyone what is right and wrong to do.

But the trick part is some persons are already too blind to see that the way and hope they put in shitcoins is just a slippery slope and woudl most likely fail them, what gain can one have holding a shitcoin.

Like you said its their decision to make and all we can do is advice them, but to show how blind people, we have been saying stay away from shitcoins especially if your just starting out your bitcoin investment and if you must use only up to 10% maximum for it since its just a gamble but yet people would still try to parade shitcoin as tho its a good asset or worth investing in and worst of all they don't realize that this is the worst place to post that nonsense, this thread is for bitcoin discussions alone and if anyone finds its hard to understand that he should go post all his shit in the altcoins section and what ever fate that's brings him in continuing with shitcoins is his/her choice and fault.

Would you blame innocent people for been ignorant or blame fraudsters for been evil, no one told fraudsters to be evil and take advantage of other people. Well I think your only saying this cause you have never experienced such loss before, else you won't be bringing this up.

I would definitely say I've missed out on a lot since I've not been very active here, earlier this thread seems so quite but I can see how everyone is seriously pushing themselves off their old limit, very few peoples complaining of muscle sores anymore, the thread has improved with the table that has been added and the daily report of pushups, this seems to be a very good source to mativate anyone into consistency since its more like a challenge now more than ever.

Anyway I started my day with a good decisions to continue from where I left out, although it's not as if I wasn't doing any pushups since I wasn't active here, to me It was more of a case of inconsistency cause I didn't have enough self motivation to keep up, but I've participated for more than 10 times anyway. I've seen that a new format for posting has been added to the thread for our daily reports.

This morning I started with some sqauts, trying to build up those hips, I did up to 15 squats for each set, with a total of 5 sets, then I started doing push-ups, although I don't wish to build up my arm muscles that much so I prefer to do 10 reps for each set and I was able to do a 9 in total for the push-ups and really it wasn't challenging cause 10 reps wasn't much of a challenge to me at all, i ended my morning excerise with sit ups.

My report for today.

100k, teamsherry,11,950,2024-04-18.

I hope I got the format right  

Tuchel is a good coach and even won the championship league title for Chelsea and I'm sure he can do the same for bayern, it's just a matter of time, they is no need rushing to tag him incompetent cause he didn't do well in his first season, with time bayern would get back in form and I see thsi happening next season, it's just too early to point fingers.

I would definitely criticise any bad leader or government that I I know isn't doing their job well, you can't promise the world and go there and do nothing, it's right to criticise bad leadership to bring their error to their notice. And if in the process you get angry enough to hate the country there is no problem expressing yourself in that way, and if eventually after a while you notice good changes and decide to serve your country all over, then your not bad just a better citizen than others that did nothing.

I really dont care about how society views me, cause one thign I have learnt I how unstable there all are, just cash out a huge sum or win life changing money from it and you would see how many of them that had a negative view of you start following in that same foot step 🚶‍♂️, it's better you do your shit and care less about ever other person or you don't do it at all and live in a cage of what is right and wrong based on societal view.

Investment is more like a personal decision, cause you can decide to see it as any of these, a person quite young that is much more indulged in live would want to use his income to flex a bit an might see no value in investing but another might see investing as a must at that age, so a lot of possibilities on how people woudl view Investment, but its the 21st century and a lots of folks are getting mature, so yeah at a time like this Investment is more like a necessity than a mere option or soon woudl be, especially when fait holds even fat less value than now.

That's so contradictory, centralized exchanges can never be a better option to safe than through self custody, this exchanges are prone to getting hacked or bad ceo or anything that happens to them and all your funds and assets are lost, and worse they don't offer any guarantee if anything happens to their company like in the case of Mt gox and many others that has suffered from the crash of centralized exchanges.

No mate I think there is a little confusion here, the purpose of the DCA method or rather a stable source of income is not to ensure you don't sell of your holdings on the long run, that's is the purpose of having an emergency funds around, someone can have a steady source of income even very well high paying and consistent with his DCA and does not have an emergency funds or decides that it wasn't so important and chose not to build it or keep it around would surely sell of his holdings when a serious emergency comes up that threatens him, and on the other hand I might have a little income and not very steady and I have a well build emergency funds of up to 3-4 months of expenses, I would be I a better position of holding my bitcoin longer than someone with steady income.

So the point is not to have very huge funds, while it is good so you could accumulate more, it would be better if you also build your emergency funds cause that's the only rela insurance you won't be selling off your bitcoin.

You know you don't really have to have an extra money before you lump sum, let's say you've been into other traditional asset and just discovered bitcoin and you wanted to have up to 30% of your total investment in bitcoin, then you decide to move that amount into bitcoin right away that is what a lump sum investment would be, so I doesn't necessarily need to be from an extra cash, I could be from your savings or some unexpected money, all that matters is your buying right away without any thinking about the market trend at that time, the only perk of doing this is that you have to continue buying with DCA unless volatility would really have impact on your portfolio, so as @Troytech said its good we compensate each strategy for each other based on their strengths and weakness, you can think about those that buy only on dips while it's not a bad strategy, it has a weakness of having to wait for dips so you won't be buying at any other time apart from dips and what if the dip your waiting for never comes, so things like this is the down side of waiting on dips, so the best approach for us beginners would be to use the DCA strategy as our main strategy while we use other strategies buying the dip and lump sum as other strategies to get more bitcoin on our portfolio.

 :-*The truth is our parents are still stuck in years 20ies mentality of 'GO TO SCHOOL, GET A GOOD JOB AND BE COMFORTABLE'  but the actually truth us the system has changed and there are no such thign as good job or if there are even any jobs at all.

Parents often see dreams as a waste of time and often think that we Don’t know what Is best for ourselves or rather they feel we are confused on what we really want, using myself as an example when I was a child around the age of 10 - 12 u wanted to be an engineer cause I had a great affinity for destroying all the tech(kitchen and house hold appliances) at home just to fix them back so yeah really It was a thign but when I got to 16-18 when I now knew what i really wanted to do I wanted to be a business man but I had been bkabing all about beign an engineer to my parents when u was younger so it became thign, but anyway I'm chasing my dreams now and I'm not bothered about parents or any other thign.