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Author Topic: Buy the DIP, and HODL!  (Read 257566 times)
bitcoin_mining
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March 09, 2025, 08:46:24 AM
Merited by Fuso.hp (3)
 #14861

No other coin really compares to Bitcoin. Many people often argue that investing in Bitcoin is less profitable, on the other hand, there are some ALT coins that have higher temporary profits. Bitcoin is one of the most reliable digital currency for investment and I think it would be foolish to compare Bitcoin with any other coin. So far, I have not seen as much news about any other crypto currency in the market as I have seen about Bitcoin in various media. Big companies invest in Bitcoin and rely on Bitcoin. If the ALT coins in the market were reliable then big companies or rich people would invest in ALT coins. We are small investors so instead of trusting all these ALT coins we should trust Bitcoin and invest Bitcoin and that will be the right decision for us.

If I had bought Bitcoin every time I heard that, I would be rich by now. When you think about the money lost over the years while trying to make quick gains in altcoins, you realize again and again how important it is to buy at DIP and hodl. Whenever the price seems high, you should zoom out and look at the chart again, because Bitcoin is always seeing new highs.
Even the price that is expensive now will be very cheap in 5-10 years. This has always been the case, and it will always be the case because of limited supply and high demand.
Some novice investors think that if they invest a small amount of money in Bitcoin, they can make a lot of money from that investment within a few days. People who come into investment with such ideas most of the time do not stick with the investment and in a short period of time they get too excited. And in excitement they sell their investment with a relatively small amount of loss and they don't want to believe that the investment yields a good amount of profit.  

Some investors confuse trading and investing. That is, investors start investing for the purpose of investing, but when they see some amount of profit after investing, they immediately sell their investments, and there is a class of investors who cannot accept temporary losses and even at that time they get excited and sell their investments. The real purpose of investment is not all this, before investing, the investor must be patient enough and also have enough confidence in his investment. Market changes every moment, changes are not only positive changes but also negative changes. If after investing we cannot accept these temporary positive or negative changes in the market then we will never reach our goal.  

Investors who are serious about investing should know about investing and then proceed towards investing. I've heard of some investors who are so serious about their investments that they keep a separate fund to invest in Bitcoin consistently. The advantage of having separate funds is that if an investor ever misses a series of investments or after a financial crisis, the investor can maintain a series of investments from his emergency fund. Before we invest we should be so serious about our investment then we will be successful in our investment.
Sebas.tian
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March 09, 2025, 09:09:24 AM
 #14862

If someone doesn't have a clue about what is bitcoin then forcing them to buy can be a bad idea, what if the price crashed once they bought and you are the one who they will blame you. So guiding them when they realize bitcoin is their path is good but when someone still haven't made up their mind can take their time. Better late than never cause if they do it for wrong reason and faced the loss they might exit the market and will never think about coming back.

So this isn't entirely about the price, it's actually the cause that should drive them to invest, a person who truly understand bitcoin will not be shaken by the volatility so the short bumps and dumps will not likely to alter their strategy if DCAing or whatever they want to practice.
Some of you are really confusing yourself because if you are introducing some one into bitcoin you will never forget to mention the strategies use in accumulating bitcoin,like buying the dip.so during the process of explaining this strategy buying the dip you have end up explaining to the person what bitcoin volatility is.It is impossible to force someone to invest in something they are not interested in because will all have different views about something.There are so many investors that understand the volatility of bitcoin but whenever there is a dip they are grip by fear of the fact that history may not repeat itself.people are much more afraid of what they know than what they don't know.
It is wrong to try to force someone who have no knowledge about Bitcoin to invest in bitcoin.  The first thing to let one know while introducing bitcoin shouldn't be to buy bitcoin, the first thing should be volatility of the market and security and self-custodial wallet,  after all these you can proceed to how one can buy bitcoin(strategies). Buying should be the last thing to introduce to beginners about bitcoin because if you are too fast to convince someone to buy, it will be very difficult for the person to cope with market volatility. 

If you focus more to make sure the person you are introducing bitcoin to understand the market very well it will be of great gains than convincing to buy bitcoin without understanding which buying might not profitable at the end.
Can you actually force someone to make financial commitment in something he is not convinced is good for his money? How will you possibly do that? Use gun or blackmail? I don't like using the word "force" when it has to someone doing a business that will help him. No one can force another to invest in Bitcoin, instead you can convince them to invest and the highest you can do is use wrong information or hypes to convince them to invest. You know the consequence of this such as the investor developing bad habits such as not being able to hold, aiming for quick profits, FOMO, and all manner of things they should have avoided.

Of course, I have heard about some potential investors who forced some of their family members to joined Bitcoin investment which they never what to join, because they don't have the finance and idea but the person that force them to joined the investment gave them little idea and huge amount of capital and they are doing perfectly well in that Bitcoin investment. Not all investment you should force people to join, if you have made some funds from that investment, you can introduce it to your Love one's and family members too and even though they don't have the idea you can put them through until they become mature to handle the investment by themselves before you can leave them. Holding Bitcoin or any other cryptocurrencies for long term is very important to investors, because it always increases investors income when the bullish season is flowing in the market.
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March 09, 2025, 09:30:10 AM
 #14863

Even the price that is expensive now will be very cheap in 5-10 years. This has always been the case, and it will always be the case because of limited supply and high demand.
This is the fact that so many crypto investors don't seem to realize, that in many years to come, the price we have Bitcoin currently will be called cheap. Those who still have Bitcoin till that time will be the ones smiling all through because of the potential profits Bitcoin has given them.

I will say that let's not put our minds on how expensive Bitcoin is today but rather on what Bitcoin will be worth in years to come. Its price will increase tremendously by then, which I am just sure of.

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March 09, 2025, 11:47:06 AM
 #14864

The main lesson of this topic that I truly want to part you with is, "be a Bottom Slurper". You will not only be rich, YOU might also find your future wife by being one.

 

Quote

“dad how did you get so rich”

*drags cig* *exhales* back in my day…. they called me the Bottom Slurper. let me tell you, dips weren’t the only thing i had an appetite for, but that’s another story for .. how i met your mother.



https://x.com/d0unbug/status/1898387064934256681


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Bushdark
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March 09, 2025, 12:00:06 PM
 #14865

Even the price that is expensive now will be very cheap in 5-10 years. This has always been the case, and it will always be the case because of limited supply and high demand.
This is the fact that so many crypto investors don't seem to realize, that in many years to come, the price we have Bitcoin currently will be called cheap. Those who still have Bitcoin till that time will be the ones smiling all through because of the potential profits Bitcoin has given them.

I will say that let's not put our minds on how expensive Bitcoin is today but rather on what Bitcoin will be worth in years to come. Its price will increase tremendously by then, which I am just sure of.
I think the price of Bitcoin is going to reach a revolution when many would be struggling to hold even the smallest unit of Bitcoin.
Now many are still taking this great asset for granted and some are still openly antagonizing the Bitcoin network with the irrational perspective that the price is going to fall to zero. This is not a new story which is what had been agitated even before now that the price of Bitcoin is going to fall to zero without logical theories how possible this could be.

We are going to enter another phase of Bitcoin where this great asset will be very scarce and people will to struggling to get as the time the price might have gone high to the extend where many would be regretting that they once have up to one Bitcoin but they sold it because they never believed in the future and price of Bitcoin. Those that are wise are busy buying and holding for the the long term basis while some are buying to sell later so they could make unit profit that could not be compared to their overall profit if hold for a long time.
Princess Leah
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March 09, 2025, 12:12:11 PM
 #14866

Some novice investors think that if they invest a small amount of money in Bitcoin, they can make a lot of money from that investment within a few days. People who come into investment with such ideas most of the time do not stick with the investment and in a short period of time they get too excited. And in excitement they sell their investment with a relatively small amount of loss and they don't want to believe that the investment yields a good amount of profit.  

Some investors confuse trading and investing. That is, investors start investing for the purpose of investing, but when they see some amount of profit after investing, they immediately sell their investments, and there is a class of investors who cannot accept temporary losses and even at that time they get excited and sell their investments. The real purpose of investment is not all this, before investing, the investor must be patient enough and also have enough confidence in his investment. Market changes every moment, changes are not only positive changes but also negative changes. If after investing we cannot accept these temporary positive or negative changes in the market then we will never reach our goal.  

Investors who are serious about investing should know about investing and then proceed towards investing. I've heard of some investors who are so serious about their investments that they keep a separate fund to invest in Bitcoin consistently. The advantage of having separate funds is that if an investor ever misses a series of investments or after a financial crisis, the investor can maintain a series of investments from his emergency fund. Before we invest we should be so serious about our investment then we will be successful in our investment.

Such mentality always ends up in disappointment and those who are with such mentality and are yet to invest would learn the hard way when they finally make up their mind, I wonder what they're even think, if Bitcoin is some ponzi or whatever, the earlier most of these shitcoin traders who see themselves as investors or risk takers rather get to realise that Bitcoin is a different cryptocurrency altogether and to profit from it requires buying and holding for a longer period, the better for them cause they'll keep getting disappointed.

 I consider anyone that comes into Bitcoin just to invest and take profit in a short period as a trader cause that's the attribute of traders, I hear people saying that Bitcoin has the short-term and long-term aspects of investment and I laugh at them for being ignorant, there are some compulsory stuffs relating to Bitcoin investment and it's patients, discipline and consistency, among others, all those are not linked with short-term investment so I wonder where they got that narrative that bitcoin is classified into short-term and long-term, there's only one concept I know of and it's buying and holding for long-term.

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March 09, 2025, 12:47:05 PM
 #14867

Even the price that is expensive now will be very cheap in 5-10 years. This has always been the case, and it will always be the case because of limited supply and high demand.
This is the fact that so many crypto investors don't seem to realize, that in many years to come, the price we have Bitcoin currently will be called cheap. Those who still have Bitcoin till that time will be the ones smiling all through because of the potential profits Bitcoin has given them.

I will say that let's not put our minds on how expensive Bitcoin is today but rather on what Bitcoin will be worth in years to come. Its price will increase tremendously by then, which I am just sure of.
Many people think that today's price is too high, but they do not understand that, This price will seem much cheaper in the next few years later. Those who stay away from buying Bitcoin at this time, they will regret for "not buying at this price" in the future. Bitcoin sometimes dumps like this, but after that Bitcoin more pumps even stronger. So those who cannot take advantage of this opportunity will always lose such opportunities, so just plan for the future and keep investing with a long-term holding perspective. Don't worry about the price, just keep buying, because once this opportunity is lost, it may never come back again.

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SOKO-DEKE
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March 09, 2025, 03:17:26 PM
Merited by JayJuanGee (1)
 #14868


[edited out]
.....However, I will not agree with you on the aspect that Bitcoin is not the only asset to invest in unless you add more clarifications to that statement because it is sounding as if you are supporting the idea of investing in shitcoins. There are other assets like you said but they are generally shitcoins that have so much risks attached to them. If we allow the idea that there are other assets to thrive, then it could be a motivation for people to start looking for other alternatives and this will make them end up investing in shitcoins and at the end lose their money. Bitcoin is just enough for anyone willing to invest for the future, so our efforts should be on how to buy and hold Bitcoin and nothing else.
I would suggest that newbies do not waste time, energy and/or money on shitcoins, and that they try to figure out and prioritize bitcoin  first,  including that if they are not able to help themselves in regards to looking into shitcoins, then they should not invest any more than 10% of their time, energy and/or value into shitcoins as compared to how much they are investing into bitcoin.
Even old investors might still run into problems if they get too comfortable with investing in shitcoins. You will agree with me that there this confidence that subtly creeps in when someone do something and succeed once or twice. With shitcoins, it could be a trap for even experienced investors who may end up with the illusion that shitcoins is where the money is even though some later end up getting poorer with time as they continue to jump from one shitcoin to the other. If you are active in some of the social media, you will see some self acclaimed experts who knows the shitcoins that will pump and bla bla bla, those are not newbies but old investors who are just toeing the wrong path. My point is that both newbies and old investors should focus more on Bitcoin because overtime Bitcoin will actually make one richer and more comfortable and the risk of loosing ones money is very small with Bitcoin, if not completely absent.


Those who invest in Shitcoin, whether new or old, have a lot of greed. It doesn't matter whether the holder is new or old, the point is that if we target Bitcoin, which coin we are targeting, then our goal will be successful. And if we invest in Shitcoins with the aim of making more profit, then we can lose all our money, you can be sure that investors in Shitcoin can never be successful.
 But those who have invested in Bitcoin, whether it is a small amount or a large amount, if the investment is long-term, then their success will be guaranteed, because Bitcoin is the only trusted coin. If you invest in Bitcoin, no matter how much money you invest, you can be successful and earn more benefits.


Success in Bitcoin is not guaranteed and the reason why we are advised that when we invest, it should be from our discretionary income because Bitcoin is not risk free so you shouldn't sound like it is risk free so will not end up misleading people in to thinking that Bitcoin is risk free with your expression we are only encouraging ourselves to put in good investment practices and not to say that success in Bitcoin investment is guaranteed, even though the risk can not be compared to that of the shit coins.
Even though bitcoin investment is not like any other investments where you can lose your money easily, I agree with you that success is not guaranteed in bitcoin investment, but investors are certain they will not lose all their money in bitcoin investment if they don't sell their bitcoin out of panic or fear. Since bitcoin investment is not risk-free, the best way to invest in bitcoin without having problems in sorting your daily expenses and becoming successful with your bitcoin investment is when you invest in bitcoin with your discretionary income or when you use the money you will not need for 4-10 years or more to invest in bitcoin so that you will not depend on your bitcoin investment to survive.

I don't think we are suppose to be talking about Bitcoin investment been guarantee or not because to me it doesn't make any sense though it is good to be realistic but how will one be talking about what they are investing into in such way. Even if it is not guarantee like you guys said it shouldn't be something you guys will be emphasizing on like this because this information can mislead or change newbie mindset towards Bitcoin investment because if we say it is not guarantee then what is now the difference between Bitcoin investment and trading since they both are not guarantee so I will advise we don't use this language or word here because of the effect it will have on someone who is yet to know what Bitcoin is all about.

As far as we know, nobody can actually predict what will happen in the future about Bitcoin, due to its volatile nature, is not a guaranteed investment. It is important to make it clear to everyone that investing in Bitcoin carries risks and is not guaranteed. Telling people that it is guaranteed is misleading, as it may convince them to invest in Bitcoin with unrealistic expectations.

Infact,  with the word guarantee some might even invest what they can't afford to lose because of the false assurance of guarantees they were given. It is crucial to emphasize that no one should convince others to invest in Bitcoin. Instead, if someone wants to create awareness about Bitcoin, they should focus on teaching the basic concepts. This way, if someone understands it, they may have a valid reason to make an informed decision to invest. There is no need to tell anyone that Bitcoin is a guaranteed investment.

When comparing Bitcoin investment to trading, it is important to use the right terminology. Bitcoin investment generally carries less risk than trading, and this is a fact. Trading involves a lot of risk, and even experienced traders often talk about the high risks involved and caution newcomers to stay away from trading.
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March 09, 2025, 04:13:03 PM
 #14869

Some novice investors think that if they invest a small amount of money in Bitcoin, they can make a lot of money from that investment within a few days. People who come into investment with such ideas most of the time do not stick with the investment and in a short period of time they get too excited. And in excitement they sell their investment with a relatively small amount of loss and they don't want to believe that the investment yields a good amount of profit.  

Some investors confuse trading and investing. That is, investors start investing for the purpose of investing, but when they see some amount of profit after investing, they immediately sell their investments, and there is a class of investors who cannot accept temporary losses and even at that time they get excited and sell their investments. The real purpose of investment is not all this, before investing, the investor must be patient enough and also have enough confidence in his investment. Market changes every moment, changes are not only positive changes but also negative changes. If after investing we cannot accept these temporary positive or negative changes in the market then we will never reach our goal.  

Investors who are serious about investing should know about investing and then proceed towards investing. I've heard of some investors who are so serious about their investments that they keep a separate fund to invest in Bitcoin consistently. The advantage of having separate funds is that if an investor ever misses a series of investments or after a financial crisis, the investor can maintain a series of investments from his emergency fund. Before we invest we should be so serious about our investment then we will be successful in our investment.

Such mentality always ends up in disappointment and those who are with such mentality and are yet to invest would learn the hard way when they finally make up their mind, I wonder what they're even think, if Bitcoin is some ponzi or whatever, the earlier most of these shitcoin traders who see themselves as investors or risk takers rather get to realise that Bitcoin is a different cryptocurrency altogether and to profit from it requires buying and holding for a longer period, the better for them cause they'll keep getting disappointed.

 I consider anyone that comes into Bitcoin just to invest and take profit in a short period as a trader cause that's the attribute of traders, I hear people saying that Bitcoin has the short-term and long-term aspects of investment and I laugh at them for being ignorant, there are some compulsory stuffs relating to Bitcoin investment and it's patients, discipline and consistency, among others, all those are not linked with short-term investment so I wonder where they got that narrative that bitcoin is classified into short-term and long-term, there's only one concept I know of and it's buying and holding for long-term.
@princess Leah you don't have to laugh them, because that saying that bitcoin is classified into short term and long-term is correct, for the short term is called trading, which involves buying and selling of bitcoin within a short term, in other to take advantage of the price Volatility, and holding of bitcoin in the short term only last for few days which is trading.

While the long term is called investment, which involves buying and holding bitcoin as a store of value, which long term investment in bitcoin can last for several months to seven years or even a decades.

In as much as bitcoin is classified into short term and long-term, it is advisable to approach bitcoin for long-term investment, because bitcoin holding for long-term is more profitable and less risky than short-term holding which is known as trading.


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March 09, 2025, 04:44:40 PM
 #14870

Even the price that is expensive now will be very cheap in 5-10 years. This has always been the case, and it will always be the case because of limited supply and high demand.
This is the fact that so many crypto investors don't seem to realize, that in many years to come, the price we have Bitcoin currently will be called cheap. Those who still have Bitcoin till that time will be the ones smiling all through because of the potential profits Bitcoin has given them.

I will say that let's not put our minds on how expensive Bitcoin is today but rather on what Bitcoin will be worth in years to come. Its price will increase tremendously by then, which I am just sure of.
Many people think that today's price is too high, but they do not understand that, This price will seem much cheaper in the next few years later. Those who stay away from buying Bitcoin at this time, they will regret for "not buying at this price" in the future. Bitcoin sometimes dumps like this, but after that Bitcoin more pumps even stronger. So those who cannot take advantage of this opportunity will always lose such opportunities, so just plan for the future and keep investing with a long-term holding perspective. Don't worry about the price, just keep buying, because once this opportunity is lost, it may never come back again.
In fact, not everyone is in favor of investing Bitcoin for a long time Especially for those who want to buy at low prices and greed for high profits, they put human stress on their character and on the other hand they sell it when the price goes up a little. Last year we have seen the prices of Bitcoin and many are witnessing that yearBitcoin has predicted a history after a long time that is now beyond our imagination. I think Bitcoin is as much as the investment process you can and do not be disappointed to keep an eye on the market.

Those who have invested Bitcoin 8 to 10 years ago from now can see Bitcoin's magic charisma. They are so fortunate, I think it deserves it And those who neglected despite the opportunity have enrolled today in the wretched party, So handle our overall situation You need to invest Bitcoin for a long time and be at least for 10 years.

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March 09, 2025, 05:32:57 PM
 #14871

Even the price that is expensive now will be very cheap in 5-10 years. This has always been the case, and it will always be the case because of limited supply and high demand.
This is the fact that so many crypto investors don't seem to realize, that in many years to come, the price we have Bitcoin currently will be called cheap. Those who still have Bitcoin till that time will be the ones smiling all through because of the potential profits Bitcoin has given them.

I will say that let's not put our minds on how expensive Bitcoin is today but rather on what Bitcoin will be worth in years to come. Its price will increase tremendously by then, which I am just sure of.
Many people think that today's price is too high, but they do not understand that, This price will seem much cheaper in the next few years later. Those who stay away from buying Bitcoin at this time, they will regret for "not buying at this price" in the future. Bitcoin sometimes dumps like this, but after that Bitcoin more pumps even stronger. So those who cannot take advantage of this opportunity will always lose such opportunities, so just plan for the future and keep investing with a long-term holding perspective. Don't worry about the price, just keep buying, because once this opportunity is lost, it may never come back again.
Yes everyone should understand that the price of Bitcoin is at the level it is now in the future but the price of Bitcoin will not be at this level and the investment is made for the future. If we don't invest with the idea that if we invest now, the market may dump a lot from here and we may face big losses in the future, then I think the investors will have a wrong idea at the beginning of the investment. 
Many investors may not invest in Bitcoin until now with this thought in mind. 

Investors need some courage to invest in Bitcoin that courage helps the investor to take any decision at any time. If an investor thinks that the price of Bitcoin is at its peak and refrains from investing, he may regret it in the future because when the market goes up in stages, he will still think that the market is at its peak. And as long as he continues to think like that he will not be able to invest and in doing so will see the price of Bitcoin go to a much higher level.
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March 09, 2025, 07:06:33 PM
 #14872

The problem why really not pay much attention to chart are it help one better to accomplish your goals in accumulating BITCOIN and also it help in the remover of stress of consistently time of the market and i have aslo learned it keeps it to discipline what most newbies in BITCOIN world is to consider the DCA strategist

Using the DCA strategy is just a well know for strategy in which will all have different ideas to it  and it helps removes the stress of your timing in the market with the DCA strategy it help to stay alway from the chart and when reaching the 100 week in accumulating  BITCOIN it will be like a thing of testing your patients and it has been be know to be one.
To achieve good bitcoin accumulation, of course, it is not by paying attention to the Bitcoin graph when buying because by buying with DCA we don't have to pay attention to the graph.
I prioritize buying every week on routine accumulation on Saturday because I think the weekend market effect is sluggish so it's good to buy bitcoin.

Reaching 100 weeks certainly has many obstacles for me, because in budgeting cash flow sometimes it hinders me because there are many needs that I have to think about every day. But I learned from some of the suggestions here that in investing we have to buy it regularly even though buying it is smaller than the previous purchase.
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March 09, 2025, 07:16:25 PM
 #14873

Even the price that is expensive now will be very cheap in 5-10 years. This has always been the case, and it will always be the case because of limited supply and high demand.
This is the fact that so many crypto investors don't seem to realize, that in many years to come, the price we have Bitcoin currently will be called cheap. Those who still have Bitcoin till that time will be the ones smiling all through because of the potential profits Bitcoin has given them.

I will say that let's not put our minds on how expensive Bitcoin is today but rather on what Bitcoin will be worth in years to come. Its price will increase tremendously by then, which I am just sure of.
Many people think that today's price is too high, but they do not understand that, This price will seem much cheaper in the next few years later. Those who stay away from buying Bitcoin at this time, they will regret for "not buying at this price" in the future. Bitcoin sometimes dumps like this, but after that Bitcoin more pumps even stronger. So those who cannot take advantage of this opportunity will always lose such opportunities, so just plan for the future and keep investing with a long-term holding perspective. Don't worry about the price, just keep buying, because once this opportunity is lost, it may never come back again.

Until now, no one has been able to predict the future, and I hope no one will ever be able to. Bitcoin is an uncertain market, anything can happen at any time. According to the current market demand for Bitcoin, it can be assumed that the price of Bitcoin will increase in the future. But it can never be guaranteed that the price of Bitcoin will increase.

We can expect that the demand for Bitcoin that is currently there will be a lot more demand for Bitcoin in the future. If the demand for Bitcoin really increases a lot in the future, then the current value of Bitcoin is very small. Save Bitcoin for the future, such as long-term investment. Long-term investment is much less risky than short-term investment.

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March 09, 2025, 10:29:03 PM
 #14874

Even the price that is expensive now will be very cheap in 5-10 years. This has always been the case, and it will always be the case because of limited supply and high demand.
This is the fact that so many crypto investors don't seem to realize, that in many years to come, the price we have Bitcoin currently will be called cheap. Those who still have Bitcoin till that time will be the ones smiling all through because of the potential profits Bitcoin has given them.

I will say that let's not put our minds on how expensive Bitcoin is today but rather on what Bitcoin will be worth in years to come. Its price will increase tremendously by then, which I am just sure of.
Many people think that today's price is too high, but they do not understand that, This price will seem much cheaper in the next few years later. Those who stay away from buying Bitcoin at this time, they will regret for "not buying at this price" in the future. Bitcoin sometimes dumps like this, but after that Bitcoin more pumps even stronger. So those who cannot take advantage of this opportunity will always lose such opportunities, so just plan for the future and keep investing with a long-term holding perspective. Don't worry about the price, just keep buying, because once this opportunity is lost, it may never come back again.

When i come across people making statement that the price of bitcoin is very high for them to buy now i just laugh because we haven't even reach the peak of bitcoin for anyone to say that the price is too high when we have only reach an ATH of $109k so what will now happen when the price approaches $500k and above that means no body will be buying bitcoin at that price again but one thing people need to know is that while thinking about the profits you can get from your investment, it is also good to store more of our money in bitcoins as those are the sole reasons why we shouldn't look at how high the price of bitcoin is at any time we want to buy. The target should be how to increase our portfolio while seeking for the profits we can get in the long term.

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March 09, 2025, 10:50:12 PM
Merited by JayJuanGee (1)
 #14875

Until now, no one has been able to predict the future, and I hope no one will ever be able to. Bitcoin is an uncertain market, anything can happen at any time. According to the current market demand for Bitcoin, it can be assumed that the price of Bitcoin will increase in the future. But it can never be guaranteed that the price of Bitcoin will increase.

We can expect that the demand for Bitcoin that is currently there will be a lot more demand for Bitcoin in the future. If the demand for Bitcoin really increases a lot in the future, then the current value of Bitcoin is very small. Save Bitcoin for the future, such as long-term investment. Long-term investment is much less risky than short-term investment.
There is no guarantee about the price of bitcoin whether it will reach a higher price of course we will not know for sure. The demand to buy bitcoin is always there, even companies are starting to buy in large quantities for them to store. The current defeat certainly belongs to weak investors because they are not ready to face the risks when investing.

Every investment must be prepared with a strong mentality, especially investing in bitcoin whose market is active 24 hours where there are always panic sellers and also large purchases. With the increasing demand to buy, we only need time to see bitcoin go up again and it may take time to see it.

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March 09, 2025, 10:52:16 PM
Merited by JayJuanGee (1)
 #14876

Some novice investors think that if they invest a small amount of money in Bitcoin, they can make a lot of money from that investment within a few days. People who come into investment with such ideas most of the time do not stick with the investment and in a short period of time they get too excited. And in excitement they sell their investment with a relatively small amount of loss and they don't want to believe that the investment yields a good amount of profit.  

Some investors confuse trading and investing. That is, investors start investing for the purpose of investing, but when they see some amount of profit after investing, they immediately sell their investments, and there is a class of investors who cannot accept temporary losses and even at that time they get excited and sell their investments. The real purpose of investment is not all this, before investing, the investor must be patient enough and also have enough confidence in his investment. Market changes every moment, changes are not only positive changes but also negative changes. If after investing we cannot accept these temporary positive or negative changes in the market then we will never reach our goal.  

Investors who are serious about investing should know about investing and then proceed towards investing. I've heard of some investors who are so serious about their investments that they keep a separate fund to invest in Bitcoin consistently. The advantage of having separate funds is that if an investor ever misses a series of investments or after a financial crisis, the investor can maintain a series of investments from his emergency fund. Before we invest we should be so serious about our investment then we will be successful in our investment.
term.
what it takes to be an investor is to be ready for losses if a novice investor thinks that by investing little amount of money to get profit and later sell , that investor  might just think that the market is an ordinary up and down that he or she can place his investment in but in doing that you are only making a great mistake and risk that you will definitely regret .the ideal of separate fund is to be well assure That no matter the  risk you can still invest but most times a novice do not have a separate fund . So after a big loss what will the novice investor do . Grin

Bitcoin
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March 09, 2025, 11:57:03 PM
Merited by Rabata (3), JayJuanGee (1)
 #14877

Even the price that is expensive now will be very cheap in 5-10 years. This has always been the case, and it will always be the case because of limited supply and high demand.
This is the fact that so many crypto investors don't seem to realize, that in many years to come, the price we have Bitcoin currently will be called cheap. Those who still have Bitcoin till that time will be the ones smiling all through because of the potential profits Bitcoin has given them.

I will say that let's not put our minds on how expensive Bitcoin is today but rather on what Bitcoin will be worth in years to come. Its price will increase tremendously by then, which I am just sure of.
Many people think that today's price is too high, but they do not understand that, This price will seem much cheaper in the next few years later. Those who stay away from buying Bitcoin at this time, they will regret for "not buying at this price" in the future. Bitcoin sometimes dumps like this, but after that Bitcoin more pumps even stronger. So those who cannot take advantage of this opportunity will always lose such opportunities, so just plan for the future and keep investing with a long-term holding perspective. Don't worry about the price, just keep buying, because once this opportunity is lost, it may never come back again.

When i come across people making statement that the price of bitcoin is very high for them to buy now i just laugh because we haven't even reach the peak of bitcoin for anyone to say that the price is too high when we have only reach an ATH of $109k so what will now happen when the price approaches $500k and above that means no body will be buying bitcoin at that price again but one thing people need to know is that while thinking about the profits you can get from your investment, it is also good to store more of our money in bitcoins as those are the sole reasons why we shouldn't look at how high the price of bitcoin is at any time we want to buy. The target should be how to increase our portfolio while seeking for the profits we can get in the long term.
There are many investors with this type of thinking, in fact, their thinking is always negative, when the price of Bitcoin increases a lot, they think "It has increased a lot, now it may not increase anymore, So i shouldn't invest now", and when the price of Bitcoin decreases, they think, "It will only go down now, it will never rise again", In fact, they think negatively in every situation, And because of their negativity mindset, they can never achieve anything good, Because they are unnecessarily afraid in all cases, And stay away from investment, As a result, they always miss out on good opportunities.

So, without thinking about the price, just keep increasing your holdings, when Bitcoin crossed $30K or $50K in the past, many people still said that it was too late to start investing, it may not increase anymore, but because of this thinking, in addition to losing their past opportunities, they also lost there that time current opportunity they had. Because if they had invested even when it was $50K, they could have profited now. But in the same way, they are also going to lose the current opportunity, because they think that Bitcoin will not grow anymore after the current dump, but when it skyrockets again, they will regret it again, and thus they will only lose the opportunity every moment.

So to be a real investor and want to make real profits from Bitcoin, no matter what the current price is, just invest, we should only focus on the future possibilities, in the future Bitcoin will definitely come back stronger, and create a huge ATH. Just invest and hold on, if you hold on, it will never disappoint you. Because Bitcoin has never disappointed long-term investors in the past, and Bitcoin will not be dumped at the present time, it will definitely start moving forward again, pushing the ATH far ahead. Therefore, those who want to invest in Bitcoin should evaluate the long-term trend, and continue to move forward with faith in the long-term possibilities. Bitcoin's journey has just begun, it is set to take on a huge shape in the future.

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March 10, 2025, 01:42:59 AM
Merited by Solodoski (2), JayJuanGee (1)
 #14878

snip
People who argue that investing is less profitable are either traders or people who don't know the potential of Bitcoin and also what long term investment is all about. Just imagine people who invested in Bitcoin 2014, 2015 and has a good fraction of Bitcoin in their portfolio do you know how rich they are now and then compare to people who have been trading it since then and making profit and losing it
even though i will not support trading over investing in bitcoin and HODLing for long, but i will not deny the fact that investing early in bitcoin does not guarantee success. most time we believe that those who bought bitcoin way back during earlier days of bitcoin are super rich but we forgot so soon that there could be many who even sold their bitcoin even when bitcoin was lesser in value compared to todays price, some sold at $10-$20-$50 or $100 respectably when the fraction they have was not even enough to lay their hands on a tangible thing because it was not worth affording a big asset. the people that made fortune as at then can not be compared to the people that bought large quantity since then and hodl till now. so i always find it difficult to believe in the statement that says "people who bought bitcoin early are rich" because certainly not all are rich, because most of them are still regretting till today even after they might have sold their bitcoin and bought bitcoin along the line when the price is high, they still find it hard to believe that they sold large number of their bitcoin at cheap rate then, and now buy lesser number of bitcoin with huge amount.

 
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sotelorene
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March 10, 2025, 02:48:58 AM
 #14879

Some novice investors think that if they invest a small amount of money in Bitcoin, they can make a lot of money from that investment within a few days. People who come into investment with such ideas most of the time do not stick with the investment and in a short period of time they get too excited. And in excitement they sell their investment with a relatively small amount of loss and they don't want to believe that the investment yields a good amount of profit.  

Some investors confuse trading and investing. That is, investors start investing for the purpose of investing, but when they see some amount of profit after investing, they immediately sell their investments, and there is a class of investors who cannot accept temporary losses and even at that time they get excited and sell their investments. The real purpose of investment is not all this, before investing, the investor must be patient enough and also have enough confidence in his investment. Market changes every moment, changes are not only positive changes but also negative changes. If after investing we cannot accept these temporary positive or negative changes in the market then we will never reach our goal.  

Investors who are serious about investing should know about investing and then proceed towards investing. I've heard of some investors who are so serious about their investments that they keep a separate fund to invest in Bitcoin consistently. The advantage of having separate funds is that if an investor ever misses a series of investments or after a financial crisis, the investor can maintain a series of investments from his emergency fund. Before we invest we should be so serious about our investment then we will be successful in our investment.
term.
what it takes to be an investor is to be ready for losses if a novice investor thinks that by investing little amount of money to get profit and later sell , that investor  might just think that the market is an ordinary up and down that he or she can place his investment in but in doing that you are only making a great mistake and risk that you will definitely regret .the ideal of separate fund is to be well assure That no matter the  risk you can still invest but most times a novice do not have a separate fund . So after a big loss what will the novice investor do . Grin


Loss is inevitable no doubt but since we are investing with what we can afford to let go that is a money we can spare and then if we are holding for a long time which will be profitable, then we should not give a shit about loss because loss is most likely to happen to people who are trading Bitcoin just like you said buying and selling because of little profit. Why still making use of this word " separate fund' the only word we are conversant with here are discretionary, reserve, back up, emergency and floating funds and I don't actually know where to place or categorize this separate fund whether it is discretionary or not, well it is good to use the right word so that you don't confuse people and yourself.











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Barikui1
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March 10, 2025, 07:00:28 AM
 #14880

snip
People who argue that investing is less profitable are either traders or people who don't know the potential of Bitcoin and also what long term investment is all about. Just imagine people who invested in Bitcoin 2014, 2015 and has a good fraction of Bitcoin in their portfolio do you know how rich they are now and then compare to people who have been trading it since then and making profit and losing it
even though i will not support trading over investing in bitcoin and HODLing for long, but i will not deny the fact that investing early in bitcoin does not guarantee success. most time we believe that those who bought bitcoin way back during earlier days of bitcoin are super rich but we forgot so soon that there could be many who even sold their bitcoin even when bitcoin was lesser in value compared to todays price, some sold at $10-$20-$50 or $100 respectably when the fraction they have was not even enough to lay their hands on a tangible thing because it was not worth affording a big asset. the people that made fortune as at then can not be compared to the people that bought large quantity since then and hodl till now. so i always find it difficult to believe in the statement that says "people who bought bitcoin early are rich" because certainly not all are rich, because most of them are still regretting till today even after they might have sold their bitcoin and bought bitcoin along the line when the price is high, they still find it hard to believe that they sold large number of their bitcoin at cheap rate then, and now buy lesser number of bitcoin with huge amount.

This is more of the reasons why we are emphasizing on holding for a very long period of time because the way Bitcoin is being structured, it's more beneficial to hold for a long timeframe than in a shorter timeframe.
In as much as it looks very costly now in the eye of traders, we that are Investors that are only looking at the bigger picture in like 10 to 20 years time from now knows that Bitcoin is still very cheap compared to how far it might have gone then, so it's just a matter of our view of it,  you can still be filthy rich by investing in Bitcoin if you can accumulate a very huge stash of it now and hold for like five circles or more, it's more of how much timeframe you can afford to hold it, that's what's going to determine how successful your Bitcoin investment might be in the future.
So it's more better to start acting now than looking back in regret in not buying then.

 
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........5,000+........
GAMES
 
......INSTANT......
WITHDRAWALS
..........HUGE..........
REWARDS
 
............VIP............
PROGRAM
 .
   PLAY NOW    
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