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461  Bitcoin / Bitcoin Discussion / Re: Have you ever regretted selling your bitcoins ? on: January 18, 2024, 04:37:38 PM
It is very common for an investor to regret selling his investment. Usually when we trade and sell the coins after making some profit from trading then when the market goes higher then we regret that we should have waited some more time. It has happened to most of us who are investors that the value of certain days has increased after that investor sold his investment. But if you repent, it will not be of any use, so there is no use in repenting. If the value of that coin increases after we sell it then we have to assume that the extra profit was not for us. Or we regret that after selling the investment the value of the coin increases, which teaches us that it is better to be patient and that we will get better if we are patient. You can't get excited by investing but you have to be patient. Hope if you are patient the market will return something good.
462  Economy / Gambling discussion / Re: Do you take time to read the terms and conditions of casinos before registering? on: January 18, 2024, 03:46:14 PM
Before opening an account on gambling or casino sites, there are certain instructions and terms and conditions that most of the times we create an account without reading. There are very few users who read these conditions before creating an account but most users find these conditions annoying so they skip these conditions. I can feel the fact that I should read these conditions but still feel bored reading these conditions. Since my only intention at that time is to have an account on this site we don't pay any attention to read the terms and conditions. Just like there are signs on cigarette packs that cigarettes cause cancer, there are some sites that have different conditions before signing up, like cigarette packs, then we ignore them and create an account.

We are all guilty here, since majority of us didn't take time to read terms and conditions because like what you've said, our intention is to create an account only and we find reading long paragraphs of T&C boring but we lately realize the importance of it once we encounter different technical problems after creating an account. Some people may not realize the importance of reading terms and conditions or may not be aware of the potential consequences of not doing so.
We must read those important notes before making an account on any site but at that time we don't have enough time and that's why we don't pay much attention to all these things and just create an account with a tick mark. At that time two to five minutes seems too big to us, when we wait for hours for friends when we go out, it is not a problem for us to wait for that time. There are some important notes that we must read before making an account and if they are read first then the misconceptions or confusions about this site will be removed. We should make an account at the time when we are free when we have the patience to read that note then we should make an account on such a site so that we can read the notes well and then create an account.
463  Economy / Speculation / Re: Buy the DIP, and HODL! on: January 18, 2024, 02:32:17 PM
If you took profit once, or it is not a regular thing, then it is okay to take profit. Do not just make it a regular thing because that is where it will affect the profit you are supposed to make from DCaing which should be the increase of your portfolio. Also if you are to make a withdrawal from what you have been DCAing, try so that it is not a very big amount that affects or takes out amount of money equal to what you will DCA for like three weeks. What I mean is, if you must withdraw, there should be a limit to what you plan to withdraw from what you are DCAing.
We having been discussing about the DCAing accumulation process for some time now but haven't put into consideration on how to take profits.
I might be wrong and will gladly ascept any correction but I think their should be a time to invest and a time to begin taking profits, one step needs to be attained first before taking the other.
It is best to live the investment from your DCAing to mature after completing the budget reaching a significant price during the bull run it can also be from personal decision and the way we view the market.
Something I would like to add to your first line is that it talks about investing in the DCA method, and by DCA method we mean investing in Bitcoin. You say saving in DCA method is not actually saving in DCA method. Saving means the amount of money left after the end of every month or week after spending, the amount of money that a user keeps in his bank account or somewhere else, we consider it as savings, but investment is different. A saver does not have to base his investment on the price of a particular coin just as the price of a particular coin changes. By DCA investment method we mean investing with fixed amount of money in different phases of coins.  

The second point you discussed is how we can take profit, our main objective of investing is to make profit. In terms of investment, some investors may be satisfied with small profits, while there are some investors who invest for a long time and have high expectations. The idea that there will be only profit in investment is wrong, in the case of investing for profit, you will have the possibility of profit as well as the possibility of losing your money. In this case you may ask me why should I invest if there is a possibility of losing my money? That is why before investing it is said that there must be some risk in investing and you have to take the risk of that money. Losing money after investing is a very normal thing because after investing the market can rise as well as the market can dump and it should be accepted naturally and then investment decision should be made.

One of the things I realized about most investors is that no matter there decision about there investment they easily get distracted from there investment decision if they see other investor who tries other ways of taking advantage of the market and it worked for them at first so perhaps to those investors that are looking for means to outsmart the market will easily follow that narrative and at last they will get cut up at the middle.
Investors who invest with wrong assumptions are subsequently misled. If an investor decides to invest only by seeing the success of others without knowing well about the investment in the beginning, then that investor will surely suffer confusion later on. There are many investors who invest by looking at other people's profits but they don't know or want to know about the hard work, patience and waiting time behind other people's profits. They just think that they invested like those investors and got huge profits within few days. Investments are not actually followed by others directly but can be done with some investment help from others. We should invest with the idea of investing so that after the investment we can hold our investment patiently and not get too excited by a small profit or loss so that we don't sell our investment. Investing is easier than holding on to it.
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465  Economy / Speculation / Re: Buy the DIP, and HODL! on: January 17, 2024, 12:56:24 PM
When it comes to investments in Bitcoin don't wait till you make a mistake before you learn from it. Why not learn from others who have made similar mistakes in the past and have shared their story. This is money you are using to invest and you are following a path that will make you to lose your money so that you will now learn from mistake. Money lost cannot be recovered and you will live to always regret it. In investment don't wait to make your own mistake as there are some mistakes you will make in this life, you might not recover from it.
I can't agree with you on this point, it is definitely possible to recover lost money in investments. What do you mean by lost money? By lost money I understand that money lost after investing is lost money and if you think that amount lost is lost money then you are totally wrong. Invest and get rid of thinking that investment will only give you profit because if you want to take only profit share then who will take your loss share. Investing is risky and the investor has to take risk in investing. Why is it repeatedly said that investing will not only make you gain money but also lose your money that is why the investor is told to take the risk of his own money. In addition to taking the risk of own money, it is said to hold the investment for a long time so that if the money is lost after investing, the loss can be recovered later. If you invest and after investing some money is lost and immediately if you sell your investment and start investing again then it is not possible to recover the lost money.

It is ok but investment should not be sold or excited only if there is a small loss in the investment. Long-term investment means we do not mean that after investing some profit and loss and sell your investment within a few days, it is not called long-term investment at all.  Make up your mind and develop risk appetite and have enough patience only then long term investment is for you.

For those people who do really know on how to read up charts and able to compare in between months and years in regarding about plotting out those points then you would really be able to find that
it is really that in upward movement but thing here is that people wouldnt really be minding about those increments but rather they are really that focusing that much on whats the price in front of them.
If they are expecting $50k then having this current price of 40k+ would really be just that low and goes on when we hit against on 50k+ and it would continue.

They would only realize thingso n the time that they've seen that theyre left behind and have those regrets that they should have hold or bought more on last year specially when the price
hits up $15k on which we can all say that this is really the sweetest spot.
Currently the Bitcoin market is regularly hovering between $40K to $44K and a few days ago we saw the Bitcoin market touch $88K. Such a change in Bitcoin price makes us believe that Bitcoin will touch $50K very soon. We are predicting that Bitcoin price will touch $50K but despite this assumption there are some investors who are not daring to invest in Bitcoin yet because they expect the market to go down further. They think that when the market goes down further, they will invest in bitcoins and as they invest, the value of bitcoins will increase again. Those who are expecting this are not now but long ago they have expected that the market will come down a little from the current position of the market and they have come so far to expect that their expectations remain expectations and the investment is not done. How can people who didn't invest when Bitcoin was worth $15K invest when Bitcoin was worth $44K? 

For those who always expect a little less than the current price, I would like to say that a small price variation will not cause much problem for your long term investment so if you have an investment plan you can start investing and hold it for a long term plan.
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467  Economy / Reputation / Re: [v2][Self Moderated] In Merits, Count Down To Your Next Rank... on: January 16, 2024, 02:41:31 PM
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468  Economy / Speculation / Re: Buy the DIP, and HODL! on: January 16, 2024, 02:05:23 PM
If I may ask with our disrupting this thread what is the main purpose of accumuting bitcoin for long term, cause if you are not selling When it's high and making profit or is there something I dont know about the long term investment in bitcoin and its benefits, cause I'm a little bit confused on why I should be accumulating bitcoin for long term if not to make profit. Are they any hidden benefits of doing this. I'm not a hater, I just want to learn, if purpose is not know then misuse is inevitable. I'm coming to understand how DCA works by going through the thread but, I don't see a place my dcaing ends for me to make profit. I'm not looking for a get rich scheme in bitcoin accumulation. I just want to know the exact reasons that would be motivating everyone to hold for long without any sell plan. I just started investing in bitcoin last week with my first 10$ investment, quite small but its a start since my salary is small for now, I really want to catch up, but I need clarification on this since I'm.beign bothered about it.
Different investors have different motives or different reasons for investing. One of the reasons why some investors holds Bitcoin for longer period is to see high profitability. Bitcoin has a total supply of 21 million and the world population is over 8 billion and with each passing day Bitcoin is gaining more adoption, that means many people will be investing in Bitcoin and this will keep pushing the price up. It has also been proven from history that long term holders are the ones who stand the chance of making profit in Bitcoin.

Here we learn how to hold Bitcoin for long term, Bitcoin price ups and downs and from there regular Bitcoin investment, how to save from high Bitcoin prices.
Bitcoin long-term holding doesn't require much education and is only discussed here and here. Whether you invest in Bitcoin and hold it for a long time is entirely up to you. No matter how much we discuss here about the positive aspects of long term investment an investor will never be able to hold his investment for long if he does not plan. If you want to invest in Bitcoin with a long-term plan, I don't think a little volatility in the market will affect you too much because a long-term plan means you have to hold the coin for a very long time, so temporary fluctuations will not affect your investment at all.

Bitcoin is used by people of almost all countries, but we will learn how to invest in DCA method. Here it is possible to learn this form of DCA method until a new investor becomes successful with Bitcoin investing.
Most of the investors who are involved in investing probably know about DCA method of investing. DCA (Dollar Cost Averaging) is a great investment strategy. In this method an investor invests his capital by dividing it into several parts. Those who do not have enough capital will not be disappointed after listening to me in advance. In this case, those investors who have to invest with income money instead of capital, those investors can invest based on their own money on a specific day, week or month if they want. Now an investor does not need to wait for a long time to start investing in DCA strategy. There are many investors who have planned long ago but could not invest because they did not have much money. Many investors have missed such opportunities as Bitcoin prices have gone from very low to very high levels without having enough money to manage. But now there is no risk of missing the opportunity for the investor as the investor will get the opportunity to invest in different positions of value step by step with DCA strategy. This strategy may not have been discussed much when I first started investing but ever since I came to know about this strategy new investments have been made in this strategy but keeping the previous investments intact.

As I have invested in Bitcoin in the past by following the DCA method from there I keep investing for longer and accumulate more Bitcoins. By adopting this DCA strategy alone, adopting DCA strategy definitely increases investment interest.

Good luck with your investment, invested in the old way now investing in the new way hope you keep the investment for long time. Finally one thing you said that investing in DCA method increases the interest of investment which is applicable for new investors at that time new investors get some money profit as they invest. That is, a small amount of profit encourages them and increases the demand for investment.
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470  Economy / Speculation / Re: Buy the DIP, and HODL! on: January 14, 2024, 06:31:05 AM
However, like you said, we have the right to choose whatever strategy that suits us but you should also know that as a newbie, when you chose the wrong strategy like waiting and buying at the dip, you have ruined your bitcoin investment goal because you will end up having little or no bitcoin due to your wrong decisions and plans. This is because buying at the dip is something no one can target. You might even be at the bottom line of the dip, and you will still be looking for more dip, and you will miss out. The three are good strategy but there it depends on the level that your bitcoin portfolio is that you can use them. DCA is superior either when you have reached your bitcoin target or not because of the regular buying at different price. Consistency is the best.
I agree with you on this as someone who is new to Bitcoin investment should only focus on buying, firstly with lump sum and DCA. Waiting for dip is like not knowing what you are doing and I will see such newbie as someone who is not ready for Bitcoin investment. Waiting for dip without defining the level of dip you expect to see before buying is
Just a waste of time, because no matter the level of dip you see you won't be satisfied as your mind will keep telling you that there is still more dip coming that you have to wait and while waiting you might end up no buying again and still such investor won't have Bitcoin when he/she should have had it.
I agree with you, cash doesn't last us very long. As long as you have money in your wallet you only want to spend but when you don't have money in your wallet invest that money in something but you don't sell that investment and spend the money even if it's hard. 

We always consider DCA method as the best investment method to invest. If the mindset of an investor is that he will only invest and keep increasing his investment amount and he will hold that investment deeply then the investment will pay him very well at the end of time. 
Everyone invests with the intention of holding the investment, but not everyone can actually hold their investment for a certain period of time. Those who have invested for the long term in 2023 or investors who have invested in the DCA approach since mid-2023 can see almost double the amount of gains by early 2024. 

The investor may not be happier than the profit after investing. 
From the way 2024 has started, we can imagine that 2024 is going to be good for the Bitcoin market compared to 2023, so now we should pay more attention to investing instead of saving money unnecessarily or keeping cash for ourselves and spending that money. I invested regularly from now on, maybe by the end of 2024 we will see the Bitcoin market double from the current level, but the investment will be ours.
471  Economy / Economics / Re: Useful side hustles to sponsor a BTC investment dream. on: January 14, 2024, 05:37:09 AM
How much of the idea you gave of passive income actually works? How many users are there who can earn according to your idea?  People are cheated by working on most of the online sites except working on some sites. You probably got this idea through YouTube because there are many videos on YouTube where you can earn 100 dollars every day by watching videos presented by YouTubers or 100 dollars bonus if you have an account on any site. Is it really possible to make money as easily as a YouTuber describes? We should improve our skills for those jobs that will get paid. Earning money by watching ads is not a skill, so instead of wasting time watching ads unnecessarily, that time should be spent on learning web development, digital marketing or any other work so that the skills will be useful in the future.
472  Economy / Gambling discussion / Re: Do you take time to read the terms and conditions of casinos before registering? on: January 13, 2024, 05:28:51 PM
Before opening an account on gambling or casino sites, there are certain instructions and terms and conditions that most of the times we create an account without reading. There are very few users who read these conditions before creating an account but most users find these conditions annoying so they skip these conditions. I can feel the fact that I should read these conditions but still feel bored reading these conditions. Since my only intention at that time is to have an account on this site we don't pay any attention to read the terms and conditions. Just like there are signs on cigarette packs that cigarettes cause cancer, there are some sites that have different conditions before signing up, like cigarette packs, then we ignore them and create an account.
473  Bitcoin / Bitcoin Discussion / Re: Bitcoin and his steps in nowadays integration. on: January 13, 2024, 07:46:07 AM
A Bitcoin user can keep all his information private if he wants. Now some important exchanges have facilitated p2p transactions so now there is ample opportunity to buy and sell all currencies including Bitcoin without any third party intervention. Transactions that are completed without the intervention of third parties are much more secure and privacy is maintained in those transactions. Not only P2P transactions but there are many other such confidential sites where a user can do Bitcoin transactions keeping all the information transaction hash secret. There is no need to give your private key to anyone in the transaction, then your private key will become public, which will never give us security. From this kind of thinking we can always think of alternatives to keep our wallet safe as well as doing other things including Bitcoin transactions with our own privacy.
474  Economy / Gambling discussion / Re: Focus on how much you may lose and not only the potential win. on: January 13, 2024, 06:39:34 AM
Of course, a gambler should gamble with that amount of money that gambling and losing that amount by gambling will not have any negative impact on his life. When it comes to gambling we forget that they should gamble according to their financial means. I don't think a person would decide to gamble in that situation if all the money is exhausted to support his family with his monthly salary. Not only this, but many times it is seen that even after spending enough money for his family, even when there is some money left, that person should not gamble because if he loses a small amount of money by gambling, it will be difficult for him to take care of his family. Although it is difficult to be responsible in gambling, when a gambler is responsible he will have illusions about his money so that he will not be too greedy in gambling.
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480  Economy / Speculation / Re: Buy the DIP, and HODL! on: January 08, 2024, 06:45:41 AM
Not all cryptocurrencies are worth investing in and not all of them are doing better than other forms of investment. I keep telling people that if you must invest in a digital asset it must be Bitcoin. Anything other than Bitcoin you are on your own as your investment is not guaranteed. For me, it is either Bitcoin or nothing else.
Talking about the investment every person has their plan and wants to execute it. For some Bitcoin is everything and for some other cryptocurrency is good. We know for investment we chose Bitcoin because it provides us with a good return but this wait is needed because Bitcoin does not go up and down rapidly. But some people want quick profits and they are searching for a coin that moves quickly and through that, they take their profits, but yeah they did not ignore Bitcoin and have a huge amount of investment in it.
So I just clear that for some Bitcoin is all about and for some others altcoins matter.


We prefer Bitcoin for long term investment because Bitcoin is one of the most reliable currencies and we are sure that our money will be safe if we invest in Bitcoin. Investment is the second step and financial security is the first step. If our capital is not secured then where will the profit be accumulated and where will the profit come from. A true investor will prioritize his money first and invest his money where it is safe.
We have no doubt that Bitcoin is a very safe digital currency, so Bitcoin is the first choice of every investor if he wants to hold his investment for a long time. Investing is now possible starting small and building up your net worth over a long period of time.

Investors now prefer to invest in DCA method, as a result of which those who have enough money to invest are investing, it can be seen that if an investor invests in a 5 to 6 year plan, his total investment amount is much higher. You also mentioned that there are many investors who want to get rich quick, in this case I would clearly say to them that they can never plan their investments for a long time. Within a few days after investing, when they find that their profit is not as expected or showing some temporary loss instead of profit, then they will get upset with the investment and they will sell their investment at that time.  

Investors with this type of mentality find it very difficult to hold onto their investments. First you have to perfect your mind for investment then long term plan to hold your investment.


It will always be a good decision to keep Bitcoin as a long term investment and invest in Bitcoin. I don't have much confidence in ALT coins so I want to put full trust in Bitcoin. But in the case of trading, it is often seen that various traders recommend using some ALT coins in the market because some ALT coins in the market give good returns in the case of trading.
It is definitely a good point that there are some other coins in the market for trading which are fairly reliable and perfect for short term trading. Among all the ALT coins in the market, if you can trade with the important coins, then if you trade correctly, you can earn a good amount of money every day. There are many reasons behind why I advocate ALT Coin for trading. Some ALT coins have a relatively low price and the market volatility of all those coins is high, in addition to the high volatility in the market, the trading volume of those coins is relatively high, so the faster the price of the coin goes down, the faster the price of that coin rises again. This shows that a trader can make some profit if he takes up trading for a short period of time.
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