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Popkon6
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December 23, 2024, 10:35:44 PM |
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IMO some of this institutions and governments hadn't realised the potential of bitcoin or were very sceptical about what bitcoin would become even in the last 15yrs, some may have had it figured out when to buy but the mere fact that bigger players has not been into bitcoin investment they pretend not to see the benefits of entering into bitcoin investment.
Bitcoin has been used in almost all countries of the world, because in all countries where Bitcoin is illegal, of course Bitcoin is used secretly in those countries, because you see that in the country where I live, Bitcoin is illegal, but we are using this Bitcoin secretly. And of course this will or may cost them alot in a long while as MSTR has a better vision of bitcoin. However delay (procrastination) is always an enemy to success and it doesn't just apply to individuals including institutions and governments.
And MicroStrategy company has purchased a total of 444262 Bitcoins and has been able to deposit around 0.5 million Bitcoins. MicroStrategy company is basically holding Bitcoin in the DCA method because their Bitcoin investment is the highest in November and December. And I think that in December they will be able to deposit more Bitcoins and deposit around half a million Bitcoins, I believe they will sell each of these Bitcoins for $1 million, in which they have taken measures to hold Bitcoin for the long term. So you save the only long-term and correct plan implemented by MicroStrategy company.
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Wind_FURY (OP)
Legendary

Activity: 3808
Merit: 2238
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December 24, 2024, 04:23:38 AM Merited by JayJuanGee (1) |
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IMO some of this institutions and governments hadn't realised the potential of bitcoin or were very sceptical about what bitcoin would become even in the last 15yrs, some may have had it figured out when to buy but the mere fact that bigger players has not been into bitcoin investment they pretend not to see the benefits of entering into bitcoin investment.
Bitcoin has been used in almost all countries of the world, because in all countries where Bitcoin is illegal, of course Bitcoin is used secretly in those countries, because you see that in the country where I live, Bitcoin is illegal, but we are using this Bitcoin secretly. And of course this will or may cost them alot in a long while as MSTR has a better vision of bitcoin. However delay (procrastination) is always an enemy to success and it doesn't just apply to individuals including institutions and governments.
And MicroStrategy company has purchased a total of 444262 Bitcoins and has been able to deposit around 0.5 million Bitcoins. MicroStrategy company is basically holding Bitcoin in the DCA method because their Bitcoin investment is the highest in November and December. And I think that in December they will be able to deposit more Bitcoins and deposit around half a million Bitcoins, I believe they will sell each of these Bitcoins for $1 million, in which they have taken measures to hold Bitcoin for the long term. So you save the only long-term and correct plan implemented by MicroStrategy company. I believe not. Haha. WHEN Bitcoin surges to a seven digit valuation per coin, why would Chad Saylor, you, me, ANYONE would sell such a valuable and an in-demand asset? Selling it would be very laughable. Why? Because we can actually use it as collateral to BORROW against our Bitcoin. It will be the most valuable collateral asset since Gold and Real Estate. 
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Moreno233
Sr. Member
  

Activity: 1218
Merit: 477
Trust the process, imbibe consistency
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December 24, 2024, 08:47:17 AM |
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@MuffinMaster if you were to buy $1,000 worth of BTC for every $5,000 in BTC price loss, do you think you would have made a mistake when it goes down all the way to $50,000 or not? You could do the same for every $5,000 it goes up again and use that as a fixed rule. You can see what the effect is when you look at MicroStrategy. Waiting would have cost them money for several reasons: BTC is fixed in supply, waiting can be costly because you may miss out on price gains and you give others time to pursue their strategy to build whatever amount they are aiming for. MicroStrategy understood that very well and waiting was no an option for them as they have a huge strategy in place.
Now the normal guys can't be compared to a company like MSTR obviously, but MSTR is competing with big companies themselves. I think MSTR considers every price a dip for the time being, if you know what I mean, and they are not done yet.
Yep.. lots of people, institutions and governments will be trying to copy some version of what MSTR is doing, and those people, institutions and governments who employ a waiting rather than acting strategy are likely going to end up in a worse off position as compared with those who had been acting. IMO some of this institutions and governments hadn't realised the potential of bitcoin or were very sceptical about what bitcoin would become even in the last 15yrs, some may have had it figured out when to buy but the mere fact that bigger players has not been into bitcoin investment they pretend not to see the benefits of entering into bitcoin investment. And of course this will or may cost them alot in a long while as MSTR has a better vision of bitcoin. However delay (procrastination) is always an enemy to success and it doesn't just apply to individuals including institutions and governments. On the contrary, they do and even know it better than us because they don't play with money and power so they have more resources to research and gather information more than you can imagine. Don't be surprise that the reason some of them are against Bitcoin may just be because Bitcoin will weaken their power and control. Their media propagandas is not because they don't know the power Bitcoin holds but they don't want more people becoming aware of that else the number of people embracing Bitcoin will increase and so will their control of the fiat system. So the authorities will not easily give up their power and control of money and who have access to it. However, they seems to have become aware that they really cannot stop Bitcoin so instead of fighting what they cannot stop, they chose to know who has what, the reason they are against anything privacy.
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betswift
Copper Member
Member


Activity: 770
Merit: 14
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December 24, 2024, 09:41:27 AM |
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I believe not. Haha. WHEN Bitcoin surges to a seven digit valuation per coin, why would Chad Saylor, you, me, ANYONE would sell such a valuable and an in-demand asset? Selling it would be very laughable. Why? Because we can actually use it as collateral to BORROW against our Bitcoin. It will be the most valuable collateral asset since Gold and Real Estate.  When it does that, MS will surely use your idea in their flow of action.  But lots of time is needed for that to happen, because regulations would need to be fully realized by that point, in my opinion. That's when the Bitcoin's potential would be brought onto display - and it would widely accepted in many spheres big institutions would never consider it today.
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Mayor of ogba
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December 24, 2024, 10:08:13 AM |
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The ideal is always to buy cheap and sell high, buy in the dip, but what do you expect it to go down like before? Without a doubt, the DCA method is the best. Even with the current market, the price of BTC, if I have the opportunity to buy, I would do it. The price doesn't matter to me, what matters is having BTC no matter what, even if I buy a little, If it goes down, the idea is to buy more in the dip. That's the idea. I respect everyone who is looking for or hoping to buy in the dip, but this year is already ending. It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.
It's better to take the risk now and invest in bitcoin than taking the risk of not getting started right away when you have your discretionary income ready. This is because whatever risk you take now to start buying and building your bitcoin at this current price is not a waste of time or resources since you are investing in the long-term, and your bitcoin size will be in a better position than waiting for nothing, just because you have some waiting idea. An new investor or someone who is still accumulating bitcoin shouldn't think of selling when the price is high because he hasn't reached his bitcoin target an don't have more than enough Bitcoin in his possession, so that he doesn't destroy what he has started building for the future. Sim_card You are right that, it is better to take risks in buying Bitcoin now and holding it for the long term. Because the price of a cryptocurrency like Bitcoin is naturally volatile, it is currently at 94K, it is definitely the right time to start investing, so if you enter the market now, it can give you a chance to make a lot of profit in the future. Because Bitcoin has the potential to become much more valuable in the future. Therefore, it is best to start investing in Bitcoin in DCA now, only in DCA can an investor invest at an average price of both low and high prices, thus increasing the chances of getting stable profits in the long term. This is a serious bitcoin discussion thread, and it is not advisable if you bring up the talk of cryptocurrency in this thread because cryptocurrency can never be compared to king bitcoin. If you are referring to bitcoin, it will be better to use the word bitcoin so that newbies will get a clear picture of what you are really talking about, so that they will not see cryptocurrency as something that is worth investing their money in. There are so many threads in the forum where cryptocurrency discussion is going on. In case you still want to learn about cryptocurrency, you can go to those threads and share your idea about cryptocurrency. In the world of bitcoin investment, there is no right time to invest in bitcoin than to invest in bitcoin right away when your money is readily available.
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DubemIfedigbo001
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December 24, 2024, 12:00:12 PM |
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@MuffinMaster if you were to buy $1,000 worth of BTC for every $5,000 in BTC price loss, do you think you would have made a mistake when it goes down all the way to $50,000 or not? You could do the same for every $5,000 it goes up again and use that as a fixed rule. You can see what the effect is when you look at MicroStrategy. Waiting would have cost them money for several reasons: BTC is fixed in supply, waiting can be costly because you may miss out on price gains and you give others time to pursue their strategy to build whatever amount they are aiming for. MicroStrategy understood that very well and waiting was no an option for them as they have a huge strategy in place.
Now the normal guys can't be compared to a company like MSTR obviously, but MSTR is competing with big companies themselves. I think MSTR considers every price a dip for the time being, if you know what I mean, and they are not done yet.
Yep.. lots of people, institutions and governments will be trying to copy some version of what MSTR is doing, and those people, institutions and governments who employ a waiting rather than acting strategy are likely going to end up in a worse off position as compared with those who had been acting. IMO some of this institutions and governments hadn't realised the potential of bitcoin or were very sceptical about what bitcoin would become even in the last 15yrs, some may have had it figured out when to buy but the mere fact that bigger players has not been into bitcoin investment they pretend not to see the benefits of entering into bitcoin investment. And of course this will or may cost them alot in a long while as MSTR has a better vision of bitcoin. However delay (procrastination) is always an enemy to success and it doesn't just apply to individuals including institutions and governments. On the contrary, they do and even know it better than us because they don't play with money and power so they have more resources to research and gather information more than you can imagine. Don't be surprise that the reason some of them are against Bitcoin may just be because Bitcoin will weaken their power and control. Their media propagandas is not because they don't know the power Bitcoin holds but they don't want more people becoming aware of that else the number of people embracing Bitcoin will increase and so will their control of the fiat system. So the authorities will not easily give up their power and control of money and who have access to it. However, they seems to have become aware that they really cannot stop Bitcoin so instead of fighting what they cannot stop, they chose to know who has what, the reason they are against anything privacy. Politics is a game of interest and politicians have interest to control and tax your money as they wish. Bitcoin removes such control from them, although most of us still pay tax to even governments which are not fully in support of Bitcoin like my country. Being your own bank and managing your funds by yourself against the traditional banking system pattern is a good value added to Bitcoin. You can agree with me that the government cares very little about our financial future and we must take charge of it ourselves by continuously investing into Bitcoin with available discretionary income, armed with an accumulation target and a long term plan which gives us more financial security even for a longer time more than any governmental institution can and it's more reason we need to prioritize it and continue to accumulate more stashes of freedom(Bitcoin) for a longer period of time to further boost our financial future.
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sotelorene
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December 24, 2024, 12:23:34 PM |
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I agree with you, especially as a Bitcoin investor, you need to have a long-term holding perspective. In the case of Bitcoin or any cryptocurrency,it is important to keep a steady eye on the future, without worrying too much about short-term price fluctuations, because short-term price fluctuations will never end, but in the long-term trend, the price of Bitcoin usually increases. However, it is very important to assess your financial situation before investing in a volatile market like Bitcoin. never any time Your own necessary money or Daily expenses money, or you will be needed after 1 to 2 years that money, you should never be used for investment.
Sim_card You are right that, it is better to take risks in buying Bitcoin now and holding it for the long term. Because the price of a cryptocurrency like Bitcoin is naturally volatile, it is currently at 94K, it is definitely the right time to start investing, so if you enter the market now, it can give you a chance to make a lot of profit in the future. Because Bitcoin has the potential to become much more valuable in the future.
Therefore, it is best to start investing in Bitcoin in DCA now, only in DCA can an investor invest at an average price of both low and high prices, thus increasing the chances of getting stable profits in the long term.
Stop comparing bitcoin with shitcoins. It's only bitcoin that is worth to invest and hodli for long because it is still growing and will mature to an adult in future. Only bitcoin has the power to multiply your wealth when you invest and grow your bitcoin portfolio with consistency and persistence overtime. Shitcoins are waste of time and resources because they are not promising and can put you to a big loss. This is why I see people investing in them as gamblers and not investors. However, this is a bitcoin thread and not cryptocurrency because majority of them are scams. Don't mislead the newbies reading this thread and new investors should only invest in bitcoin because it's the only coin with great potential. Forget about shitcoins and focus on building your bitcoin stash for your future gradually with DCA regularly every week or month. Actually I'm very sorry, actually my main purpose of this post was only bitcoin, but I can't understand why I mentioned "any cryptocurrency". Trust me, I fully intended to talk about Bitcoin, and if you notice I only mentioned "any cryptocurrency" in this one place, I mentioned Bitcoin everywhere else. Anyway thanks Sim_card for pointing out my mistake, I will be more careful in future. And I am correcting my previous post. thank you It is okay dude, I think I understand sometimes we can have a slip of tongue though all these we are doing put together will amount or will fall inside Cryptocurrency but inside of it what we discuss, our interest or perhaps our main focus is in Bitcoin, one of the best asset ever known as it stance now. You are not completely wrong neither are you completely right but for clarity and newbie sake use the word Bitcoin so that they don't misunderstood or get confused along the line since they are just starting because what leads people into success and failure is information that's why they said information is very powerful so as knowledge because it is through information you acquired knowledge.
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cryptoWODL
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December 24, 2024, 12:32:45 PM Last edit: December 24, 2024, 12:45:36 PM by cryptoWODL |
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Bitcoin has been used in almost all countries of the world, because in all countries where Bitcoin is illegal, of course Bitcoin is used secretly in those countries, because you see that in the country where I live, Bitcoin is illegal, but we are using this Bitcoin secretly.
In fact no one can control Bitcoin, So people in countries where Bitcoin is illegal still invest in Bitcoin and do Bitcoin transactions. As you mentioned bitcoin is illegal in your country yet there are people exchanging bitcoin. I think that, Bitcoin is traded in almost most countries of the world and most people know about Bitcoin and invest in Bitcoin. MicroStrategy company is basically holding Bitcoin in the DCA method because their Bitcoin investment is the highest in November and December. I believe they will sell each of these Bitcoins for $1 million, in which they have taken measures to hold Bitcoin for the long term. Yes they are investing in DCA method but they are not only investing in November and December but also in other times of the year they are regularly investing in bitcoins. They bought more bitcoins in November than any other month. Moreover, it is not yet clear when they will sell bitcoins. Michael Saylor Predicts Bitcoin Will Reach $13 Million Per Coin
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Mayor of ogba
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December 24, 2024, 12:55:43 PM |
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@MuffinMaster if you were to buy $1,000 worth of BTC for every $5,000 in BTC price loss, do you think you would have made a mistake when it goes down all the way to $50,000 or not? You could do the same for every $5,000 it goes up again and use that as a fixed rule. You can see what the effect is when you look at MicroStrategy. Waiting would have cost them money for several reasons: BTC is fixed in supply, waiting can be costly because you may miss out on price gains and you give others time to pursue their strategy to build whatever amount they are aiming for. MicroStrategy understood that very well and waiting was no an option for them as they have a huge strategy in place.
Now the normal guys can't be compared to a company like MSTR obviously, but MSTR is competing with big companies themselves. I think MSTR considers every price a dip for the time being, if you know what I mean, and they are not done yet.
Yep.. lots of people, institutions and governments will be trying to copy some version of what MSTR is doing, and those people, institutions and governments who employ a waiting rather than acting strategy are likely going to end up in a worse off position as compared with those who had been acting. IMO some of this institutions and governments hadn't realised the potential of bitcoin or were very sceptical about what bitcoin would become even in the last 15yrs, some may have had it figured out when to buy but the mere fact that bigger players has not been into bitcoin investment they pretend not to see the benefits of entering into bitcoin investment. And of course this will or may cost them alot in a long while as MSTR has a better vision of bitcoin. However delay (procrastination) is always an enemy to success and it doesn't just apply to individuals including institutions and governments. You are wrong; in the past years, a lot of institutions have been busy accumulating bitcoin, and they already figured out what bitcoin could achieve in the long run and the benefits of investing in bitcoin. Maybe you are new to bitcoin; that is why you are knowing that big institutions are investing in bitcoin now. And if you had registered on X, informally known as Twitter, a long time ago, you would have seen where all these social media influencers post about big institutions investing in bitcoin. The reason why it looks like it is only MSTR that is very serious in accumulating bitcoin is that they make their bitcoin investment open, and they also make a post on their X handle anything they purchase bitcoin, which will allow a lot of people to be aware of their bitcoin investment.
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Spaceman1000$
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December 24, 2024, 01:30:09 PM |
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@MuffinMaster if you were to buy $1,000 worth of BTC for every $5,000 in BTC price loss, do you think you would have made a mistake when it goes down all the way to $50,000 or not? You could do the same for every $5,000 it goes up again and use that as a fixed rule. You can see what the effect is when you look at MicroStrategy. Waiting would have cost them money for several reasons: BTC is fixed in supply, waiting can be costly because you may miss out on price gains and you give others time to pursue their strategy to build whatever amount they are aiming for. MicroStrategy understood that very well and waiting was no an option for them as they have a huge strategy in place.
Now the normal guys can't be compared to a company like MSTR obviously, but MSTR is competing with big companies themselves. I think MSTR considers every price a dip for the time being, if you know what I mean, and they are not done yet.
Yep.. lots of people, institutions and governments will be trying to copy some version of what MSTR is doing, and those people, institutions and governments who employ a waiting rather than acting strategy are likely going to end up in a worse off position as compared with those who had been acting. IMO some of this institutions and governments hadn't realised the potential of bitcoin or were very sceptical about what bitcoin would become even in the last 15yrs, some may have had it figured out when to buy but the mere fact that bigger players has not been into bitcoin investment they pretend not to see the benefits of entering into bitcoin investment. And of course this will or may cost them alot in a long while as MSTR has a better vision of bitcoin. However delay (procrastination) is always an enemy to success and it doesn't just apply to individuals including institutions and governments. On the contrary, they do and even know it better than us because they don't play with money and power so they have more resources to research and gather information more than you can imagine. Don't be surprise that the reason some of them are against Bitcoin may just be because Bitcoin will weaken their power and control. Their media propagandas is not because they don't know the power Bitcoin holds but they don't want more people becoming aware of that else the number of people embracing Bitcoin will increase and so will their control of the fiat system. So the authorities will not easily give up their power and control of money and who have access to it. However, they seems to have become aware that they really cannot stop Bitcoin so instead of fighting what they cannot stop, they chose to know who has what, the reason they are against anything privacy. I quite agree with you, the government of some countries are only threatened by the financial freedom Bitcoin gives, that's why there has been sponsored negative propaganda in some quarters. but one thing they are quick to forget is the fact that, the knowledge and the success stories of Bitcoin is growing fast like a wildfire, people are more interested in business and investment that will give them profit in a long term especially the ones government cannot gag and Bitcoin possesses that might. We all know that it will be hard for the government to accept the new normal, but there nothing they can do.
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Olatundespo
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December 24, 2024, 03:55:02 PM |
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@MuffinMaster if you were to buy $1,000 worth of BTC for every $5,000 in BTC price loss, do you think you would have made a mistake when it goes down all the way to $50,000 or not? You could do the same for every $5,000 it goes up again and use that as a fixed rule. You can see what the effect is when you look at MicroStrategy. Waiting would have cost them money for several reasons: BTC is fixed in supply, waiting can be costly because you may miss out on price gains and you give others time to pursue their strategy to build whatever amount they are aiming for. MicroStrategy understood that very well and waiting was no an option for them as they have a huge strategy in place.
Now the normal guys can't be compared to a company like MSTR obviously, but MSTR is competing with big companies themselves. I think MSTR considers every price a dip for the time being, if you know what I mean, and they are not done yet.
Yep.. lots of people, institutions and governments will be trying to copy some version of what MSTR is doing, and those people, institutions and governments who employ a waiting rather than acting strategy are likely going to end up in a worse off position as compared with those who had been acting. IMO some of this institutions and governments hadn't realised the potential of bitcoin or were very sceptical about what bitcoin would become even in the last 15yrs, some may have had it figured out when to buy but the mere fact that bigger players has not been into bitcoin investment they pretend not to see the benefits of entering into bitcoin investment. And of course this will or may cost them alot in a long while as MSTR has a better vision of bitcoin. However delay (procrastination) is always an enemy to success and it doesn't just apply to individuals including institutions and governments. On the contrary, they do and even know it better than us because they don't play with money and power so they have more resources to research and gather information more than you can imagine. Don't be surprise that the reason some of them are against Bitcoin may just be because Bitcoin will weaken their power and control. Their media propagandas is not because they don't know the power Bitcoin holds but they don't want more people becoming aware of that else the number of people embracing Bitcoin will increase and so will their control of the fiat system. So the authorities will not easily give up their power and control of money and who have access to it. However, they seems to have become aware that they really cannot stop Bitcoin so instead of fighting what they cannot stop, they chose to know who has what, the reason they are against anything privacy. I quite agree with you, the government of some countries are only threatened by the financial freedom Bitcoin gives, that's why there has been sponsored negative propaganda in some quarters. but one thing they are quick to forget is the fact that, the knowledge and the success stories of Bitcoin is growing fast like a wildfire, people are more interested in business and investment that will give them profit in a long term especially the ones government cannot gag and Bitcoin possesses that might. We all know that it will be hard for the government to accept the new normal, but there nothing they can do. Most governments are busy trying to give you an idea of your attraction to fiat growth regardless of your performance. Governments are very focused on increasing individual investment and expecting to get taxes. They are considering every sector seriously to increase the productivity of fiat. On the contrary if they continue to try to launch projects to increase Bitcoin, then the possibility of getting more interest for ordinary investors is for example El Salvador's President Nayib Bukele. Bitcoin can provide a holder with financial freedom and help him to be more secure at the end of his life (retirement) if he stays in DCA strategy. The period is 4-10 years or more and I especially recommend Bitcoin savings for those who are financially independent and have little disposable income left. Friend, the negative campaign about Bitcoin has been going on since the beginning and it will continue forever and some governments of the world are delaying the adoption of Bitcoin. I am pretty sure that they will realize their mistake soon like Donald Trump. Bitcoin success stories are spreading like wildfire, leading to an increase in the number of investors worldwide. While it is not easy for any government to adopt Bitcoin, there are efforts being made to make it difficult by some quarters who only study its negative aspects and are blind to.
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ginsan
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December 24, 2024, 10:35:11 PM |
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I don't understand how the government's attitude towards bitcoin in the future and I don't care about them. But what I do know is if a country underestimates bitcoin, then that country will be left behind compared to other countries. I'm more interested in good ideas to maintain the idea of continuing to accumulate bitcoin, it's much better if we have to talk about government vs bitcoin in this thread. It's useless, they do fud, they sell and they don't care about us at all. For example, everything must be in our self-awareness to invest wisely in bitcoin. Bitcoin will be very valuable because its function is stronger than fiat which can be controlled by the government. I suggest don't forget to buy at the end of this year to complete the fantastic achievements in our accumulation records in 2024. The supply of btc is only 21 million coins, keep buying like saylor did 
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btc_angela
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December 24, 2024, 10:56:40 PM |
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I believe not. Haha. WHEN Bitcoin surges to a seven digit valuation per coin, why would Chad Saylor, you, me, ANYONE would sell such a valuable and an in-demand asset? Selling it would be very laughable. Why? Because we can actually use it as collateral to BORROW against our Bitcoin. It will be the most valuable collateral asset since Gold and Real Estate.  When it does that, MS will surely use your idea in their flow of action.  It's no secret though, there are a lot of investors who are using this strategy to borrow money and uses real state like what Robert Kiyosaki says in his book. And again, smart investors have known this for years so Saylor is using it as well. So he utilized Bitcoin now as it's the number 1 assets now. And then he pays the loans or perhaps the interest from their their annual profit. Repeat itself, and that's how he was able to buy. And if you look at this company, it had gained 400% this year alone, so with that profit he can surely pay of the loan that he take to buy BTC. And their stocks mirror of that of Bitcoin, as they now become what we call a proxy company for BTC. We really have a lot to learn from their strategy, and even the majority of us here, as average Joe investors, we can somewhat implement it.
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Churchillvv
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December 24, 2024, 11:10:53 PM |
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I don't understand how the government's attitude towards bitcoin in the future and I don't care about them. But what I do know is if a country underestimates bitcoin, then that country will be left behind compared to other countries.
Interestingly I would say at the current stage of bitcoin their is little to no country that is absolutely against bitcoin, it could be said in the medias but behind the scenes governments of several countries are now becoming very interested in bitcoin but are literally interested in one area which is trying their possible best not just to buy bitcoin and hold but to have little control over it. Some have made it obvious that they literally needs to go into bitcoin investment to settle debits from the increase in the price of bitcoin, they would want to only but bitcoin and dump it when they are satisfied, although there might be little countries that do not really care about bitcoin, they may not be underestimating bitcoin but they aren't fully aware of its benefits to the country and hence most and beginning to realise this and rush to into investing more into bitcoin.
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Stablexcoin
Sr. Member
  

Activity: 812
Merit: 291
Hhampuz for your Marketing
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December 24, 2024, 11:35:55 PM |
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I don't understand how the government's attitude towards bitcoin in the future and I don't care about them. But what I do know is if a country underestimates bitcoin, then that country will be left behind compared to other countries. I'm more interested in good ideas to maintain the idea of continuing to accumulate bitcoin, it's much better if we have to talk about government vs bitcoin in this thread. It's useless, they do fud, they sell and they don't care about us at all. For example, everything must be in our self-awareness to invest wisely in bitcoin. Bitcoin will be very valuable because its function is stronger than fiat which can be controlled by the government. I suggest don't forget to buy at the end of this year to complete the fantastic achievements in our accumulation records in 2024. The supply of btc is only 21 million coins, keep buying like saylor did  You’re not far from the truth, and i appreciate you for that. I completely agree that being self-aware and accepting personal responsibility in our investment is the backbone of making wise and inclined investment decisions making. Relying too much on external factors especially the government attitude like you mentioned can lead to poor decision-making as well as frustration to investors. Remember that Bitcoin is as much about mindset as it is about money. To invest in Bitcoin wisely we should emphasize our interest in accumulation Bitcoin no matter the event, policy, or market movement. I will say DCA has proven to be more effective that any other strategy.
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Justbillywitt
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December 24, 2024, 11:39:20 PM |
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I don't understand how the government's attitude towards bitcoin in the future and I don't care about them. But what I do know is if a country underestimates bitcoin, then that country will be left behind compared to other countries. I'm more interested in good ideas to maintain the idea of continuing to accumulate bitcoin, it's much better if we have to talk about government vs bitcoin in this thread. It's useless, they do fud, they sell and they don't care about us at all. For example, everything must be in our self-awareness to invest wisely in bitcoin. Bitcoin will be very valuable because its function is stronger than fiat which can be controlled by the government.
I suggest don't forget to buy at the end of this year to complete the fantastic achievements in our accumulation records in 2024. The supply of btc is only 21 million coins, keep buying like saylor did  Bitcoin doesn't have a different function that is stronger than fiat. Bitcoin function and that of fiat is the same. Bitcoin is money in digital form, as fiat is money in physical form. We can touch and feel fiat, but we can't do that with bitcoin. But they both have the same functions. Their major differences are, fiat is centralised and unlimited in supply. While bitcoin is decentralised and limited in supply. But they both share same functions, which are payments for transactions be it goods or services. And the other one is for investment purposes in anticipation for future profits. Same way you can invest in bitcoin for future profits, is the same way you can invest your fiat for future profits in whatever business you choose to venture into. So I don't see other functions that bitcoin has that's stronger than fiat. Both has same functions, it's only their attributes that differs.
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arwin100
Legendary

Activity: 3612
Merit: 1116
Jack of all trades 💯
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December 24, 2024, 11:41:17 PM |
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I don't understand how the government's attitude towards bitcoin in the future and I don't care about them. But what I do know is if a country underestimates bitcoin, then that country will be left behind compared to other countries. I'm more interested in good ideas to maintain the idea of continuing to accumulate bitcoin, it's much better if we have to talk about government vs bitcoin in this thread. It's useless, they do fud, they sell and they don't care about us at all. For example, everything must be in our self-awareness to invest wisely in bitcoin. Bitcoin will be very valuable because its function is stronger than fiat which can be controlled by the government. I suggest don't forget to buy at the end of this year to complete the fantastic achievements in our accumulation records in 2024. The supply of btc is only 21 million coins, keep buying like saylor did  Provably that will happen to those skeptical country and can't blame them to think about that way since somehow there are forces that will stop them to adapt Bitcoin that's why the development of these kind of discussion is so slow. Remember what IMF did to El Salvador? For sure that incident is other stopping factor on why other country doesn't want to engage with Bitcoin for now. But since America is stepping up in the scene and they are planning to make this country a more friendlier for Bitcoin then plan to make it as their global reserve then provably that many of big or small country will follow. US have great influence to make other country follow what they do. And imagine what will happen if demand surge up due to that matter? For sure there would be a huge potential for a pump especially that Bitcoin supply is limited to 21 millions coins in circulation. So that gives us an idea already that its good to hold to get a better future with Bitcoin.
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Promocodeudo
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December 25, 2024, 04:46:58 AM |
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Actually I'm very sorry, actually my main purpose of this post was only bitcoin, but I can't understand why I mentioned "any cryptocurrency". Trust me, I fully intended to talk about Bitcoin, and if you notice I only mentioned "any cryptocurrency" in this one place, I mentioned Bitcoin everywhere else.
Anyway thanks Sim_card for pointing out my mistake, I will be more careful in future. And I am correcting my previous post. thank you
Buddy it's a good thing that you admitted the lapses, saying that you have taken correction never to repeat such in the future has shown how ready you're to learn at all time, am won't blame you much because it seems you're new here and I believe that with time you will get converstamd or use to how things are been done here, personally I have reason of never mentioning cryptocurrency as part of Bitcoin and that because Bitcoin is a coin of its own and it has performed outrightly more than any coin anywhere so categorizing them as cryptocurrency isn't right, I see other cryptocurrency out there as very shitty to mention them here, i have never for once have the mindset of bitcoin being part of cryptocurrency, I think Bitcoin is a very unique digital asset thats trust assured, the only decentralized digital asset that have a good history of increasing overtime, some of it's characters are being mimicked by the so called cryptocurrencies but still they cant still get it right because Bitcoin is created in such a way that one can identify it anywhere, to that end it can only be Bitcoin nothing less and nothing more.
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Gallar
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December 25, 2024, 06:26:09 AM |
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I don't understand how the government's attitude towards bitcoin in the future and I don't care about them. But what I do know is if a country underestimates bitcoin, then that country will be left behind compared to other countries. I'm more interested in good ideas to maintain the idea of continuing to accumulate bitcoin, it's much better if we have to talk about government vs bitcoin in this thread. It's useless, they do fud, they sell and they don't care about us at all. For example, everything must be in our self-awareness to invest wisely in bitcoin. Bitcoin will be very valuable because its function is stronger than fiat which can be controlled by the government. I suggest don't forget to buy at the end of this year to complete the fantastic achievements in our accumulation records in 2024. The supply of btc is only 21 million coins, keep buying like saylor did  Bitcoin is indeed a very good and promising investment asset. But even so, not everyone believes in this, and likewise the government of a country, not all of them believe in bitcoin. I don't think we can blame people who don't believe in bitcoin, because that's their right. Especially when discussing government vs bitcoin, I think this is a bit inaccurate. Because in essence we don't need to bother making a comparison regarding countries that are pro-bitcoin and those that are not. Because I am sure that one day it is possible that a country that was previously not pro towards bitcoin could become pro towards bitcoin. Because basically Bitcoin has a very good system at the moment, so sooner or later it will definitely make more and more people interested, as well as countries. Therefore, now we don't need to think about this, because Bitcoin is here to bring peace, not hostility. So instead of criticizing the government of a country that is not pro towards bitcoin, it is better for us to look for more discretionary income so we can add to our portfolio in bitcoin.
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I_Anime
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December 25, 2024, 08:21:36 AM |
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Merry Christmas 🎄 folks and happy holiday  Been the first to say this here , feeeels goooood , they are going to be alot of up and down movement in the market today due to today celebration , but still every movement is an opportunity to stash more , let's keep thriving and hold as we enter another year of greens soon. Actually I'm very sorry, actually my main purpose of this post was only bitcoin, but I can't understand why I mentioned "any cryptocurrency". Trust me, I fully intended to talk about Bitcoin, and if you notice I only mentioned "any cryptocurrency" in this one place, I mentioned Bitcoin everywhere else.
Anyway thanks Sim_card for pointing out my mistake, I will be more careful in future. And I am correcting my previous post. thank you
Buddy it's a good thing that you admitted the lapses, saying that you have taken correction never to repeat such in the future has shown how ready you're to learn at all time, am won't blame you much because it seems you're new here and I believe that with time you will get converstamd or use to how things are been done here, personally I have reason of never mentioning cryptocurrency as part of Bitcoin and that because Bitcoin is a coin of its own and it has performed outrightly more than any coin anywhere so categorizing them as cryptocurrency isn't right, I see other cryptocurrency out there as very shitty to mention them here, i have never for once have the mindset of bitcoin being part of cryptocurrency, I think Bitcoin is a very unique digital asset thats trust assured, the only decentralized digital asset that have a good history of increasing overtime, some of it's characters are being mimicked by the so called cryptocurrencies but still they cant still get it right because Bitcoin is created in such a way that one can identify it anywhere, to that end it can only be Bitcoin nothing less and nothing more. Well most folks do mistakes bitcoin as cryptocurrency as a whole ( which is not right though) , because cryptocurrency is like the general terms use for all digital currency, and bitcoin under that category of been a digital currency. So bitcoin is coin on is own , and it's the first of its kind (digital currency), that's why is the king of all digital currency, like the original . (Now am making it sound like a movie  ) , The best way to learn is excepting your mistakes and taken correction, so nice one 😁 GIF-JOBS, this shows that you are here to learn and to expand your bitcoin knowledge.
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