The most important part of investing in bitcoin is timing.

[cocoadreamboy]

More conspiracy nonsense. Miners have no way to manipulate prices. Your only evidence of manipulation is the fairy tales that people like to tell.

The big miners didn't push you out. You had an S9 just like they did. The reason they could continue mining with s9s is that they have been able to reduce energy costs. If you had low energy costs, you could continue mining, too. In fact, the price has outpaced the difficulty, so you may be able to mine again at least for a short while until the difficulty catches up.

It seems like many people on here operate on wishes on stars and prefer to operate on wishes. You claim I am conspiracy, but I simply use numbers to understand a complex thing such as bitcoin. Miners have a plethora of ways to manipulate the markets such as choosing to hold coins instead of sell them, shutting off machines in order to use the electricity money to short, over clocking their systems, spreading rumors, hiring trolls

You wouldn't know anything about that last one would you

Aaron

[cocoadreamboy]

I disagree, as an investor the most important part of investing in bitcoin should be patience, timing comes second. Timing only plays a major role or works when you're a trader or speculative investor, investing for just a short period of time. For example, we have bitcoin enthusiasts who did invest when bitcoin was around $400-$1000 (you can call that perfect timing) but today due to lack of patience most of those investors don't have a single bitcoin due to impatience some might have sold at lost or little profit. As it's commonly said, "investors don't wait to buy (timing), they buy and wait (patience)".

So instead of using timing numbers to know the perfect entry point, you are claiming people who bought a single bitcoin at 20K in 2017 simply need to be patient EVEN MORE. lol They could have bought 6 bitcoins and a vacation if they had waited until December

Patience gets you one over-priced bitcoin, timing gets you 6 bitcoins and a vacation I know what I would choose.

https://www.amsinger.org

[cocoadreamboy]

you have found the link and you are correct about the connection between bitcoin price and the cost of mining but you have made the common mistake of looking at that link in reverse direction. and the result is going to always be you getting to the party way too late because you are looking at the result of price rise and think it is the cause of price rise. it would be like finding the half eaten cake and the empty beer bottles and then conclude there WILL be a party in the future whereas the party is already over and you are seeing the result of it!

False analogy. My system is basically watching someone buy quantities beer and a cake and using that information to gauge how big and fun the party will be

You have used no numbers or logic, simply false analogies.

https://www.amsinger.org

[cocoadreamboy]

Timing and patience are just both important and will make you earn more profit with timing alone or patience alone. Let's stop comparing these two strategies and just apply them both. Without timing, it will be hard for us to recover our money if the red days come. And without patience, we might lose the funds if the market goes red since we might think that there is no hope for the coin to develop.

Very true, but you need numbers and awareness to actually understand timing. Without knowing the fundamental cash flow and creation cost you are wishing on stars.

Aaron

[cocoadreamboy]

yeah, he crawled out of the speculation board into the main board for advertising. what i am curious about is whether anybody have ever bothered paying him any money. it is not just that selling this kind of services like this doesn't interest anybody but also because he is dead wrong about all his speculations and so far topics that i have seen from him where he was guessing a price has been way off the mark!

Thanks paid troll! Thanks for demonstrating your capacity for civilized thought!

Kisses!

Aaron

https://www.amsinger.org

P.S. How dare I try to get people to utilize numbers and cash flow to understand bitcoin. How DARE I. lol

[krb91]

Time is the most important factor in investing, not just bitcoin or cryptocurrency but generally. That's why analysis both fundamental and technical are very important factors that cannot be overlooked.

[cocoadreamboy]

Time is the most important factor in investing, not just bitcoin or cryptocurrency but generally. That's why analysis both fundamental and technical are very important factors that cannot be overlooked.

That is why I am trying to spread actual financial information about bitcoin. It doesn't exit anywhere else, and I would be lost without it.

Bitcoin is a financial tool that can bring massive profit or loss. If you don't use this information to understand it, your money grows or dies on the whims of the whales.

https://www.amsinger.org

Aaron

[cocoadreamboy]

It certainly is. The ability to exit the market at the right time is very important. But investors have different goals. Someone invested in the long term and it don't care small price changes. This will be important for traders.

There are very few "small" price changes in bitcoin. Even now it is 50% up month over month. If you are not aware you can get into danger.

[pixie85]

If not selling is your main problem then you really have a big problem and shouldn't even be here. If you were a smart person you wouldn't care. Most people did not sell at the peak but even more did not have any bitcoins at that time. You should realize that you are in that 1% of people who had the opportunity to buy in 2017.

Appreciate that you had bitcoin and profited. Being hit hard by a bear market with unrealized profits is nothing. Think of the people who bought at the peak and got hit. You got lucky and lost something you never had.

[muratsink]

I agree with you that an important aspect for an investor is time and patience.  but you say that many investors get small profits, I understand that they are impatient and time determines them, but besides that, they must be able to predict every market volatility.  so they can decide, hold or sell or buy.  so, 3 aspects for investors are time, patience, and market analysis.

[cocoadreamboy]

I agree with you that an important aspect for an investor is time and patience.  but you say that many investors get small profits, I understand that they are impatient and time determines them, but besides that, they must be able to predict every market volatility.  so they can decide, hold or sell or buy.  so, 3 aspects for investors are time, patience, and market analysis.

Timing implies patience, but with knowledge. To be patient is to sit next to a pond for 24 hours. To have timing is to go to the pond when the fish are most hungry.

https://www.amsinger.org

[Dingdongjl]

You said this all because you are one of the lucky guys who entered cryptocurrency not in the best time but still a good time and you already earned a lot and you will lost nothing even bitcoin drops back on 2-3k, please put your self on others shoes that invested on bitcoin in the price of almost 20k and you will understand.

Timing? yes I agree but no one knows when is the best time thats what people want. (this is for long term investors only) for traders in my opinion its always a good time to invest with bitcoin.

When bitcoin reach 3k deep this year I really want to buy at least 2 but cant afford it that time.

[cocoadreamboy]

You said this all because you are one of the lucky guys who entered cryptocurrency not in the best time but still a good time and you already earned a lot and you will lost nothing even bitcoin drops back on 2-3k, please put your self on others shoes that invested on bitcoin in the price of almost 20k and you will understand.

Timing? yes I agree but no one knows when is the best time thats what people want. (this is for long term investors only) for traders in my opinion its always a good time to invest with bitcoin.

When bitcoin reach 3k deep this year I really want to buy at least 2 but cant afford it that time.

I made this so everyone can replicate what I did in 2017. Wouldn't you like to learn from someone who 10Xed even with some newbie mistakes.

[ngoduc164]

I just joined in this March for $ 3,000 and now it's $ 12,000. I'm happy about this. time for us all.

[Fundamentals Of]

The best thing to remember is that Bitcoin is going to become bigger someday. A lot of people are asking, is this the right time to buy Bitcoin? I am torn between saying yes and no. No, because these days are bullish days for Bitcoin, which means it is a bit pricey. But then yes also because even if it is indeed more expensive than just a month or two ago, it will sure become more and more expensive in the months to come. So the most important thing here is HODL, no matter your buy time.

[pooya87]

It seems like many people on here operate on wishes on stars and prefer to operate on wishes. You claim I am conspiracy, but I simply use numbers to understand a complex thing such as bitcoin. Miners have a plethora of ways to manipulate the markets such as choosing to hold coins instead of sell them, shutting off machines in order to use the electricity money to short, over clocking their systems, spreading rumors, hiring trolls

none of the things you mentioned here can be measured because you simply no way of knowing if any of these are happening or not. for instance you have to way of knowing whether a miner is selling his coin or keeping it even if you watch their addresses! so in fact you are "operating on wishes and stars"
by the way the big miners have contracts with the electric companies, they can't pull out of it anytime they want to use the money for electricity for something else.

[samcrypto]

I just joined in this March for $ 3,000 and now it's $ 12,000. I'm happy about this. time for us all.

That's perfect timing in the market, and maybe you bought a lot of bitcoin that time that gives you more profit. Its not easy to timing the market, but you can analyze that well especially when everyone is fear to buy bitcoin that means its dumping. We have different goals with bitcoin, I myself do saved a lot of bitcoin for long term holding but some traders are just playing it almost everyday because they are satisfied with the short term profit and its still fine for them.

[Pursuer]

you have found the link and you are correct about the connection between bitcoin price and the cost of mining but you have made the common mistake of looking at that link in reverse direction. and the result is going to always be you getting to the party way too late because you are looking at the result of price rise and think it is the cause of price rise. it would be like finding the half eaten cake and the empty beer bottles and then conclude there WILL be a party in the future whereas the party is already over and you are seeing the result of it!

False analogy. My system is basically watching someone buy quantities beer and a cake and using that information to gauge how big and fun the party will be

You have used no numbers or logic, simply false analogies.

your history suggests otherwise.
so far you have looked at the price and when it makes a move and is done with it, you come here and predict a price in a direction that is already over. for example recently we had a drop where you started talking about big fall down to a much lower price but when the price drop was already over and we were even starting to rise back up!

[buwaytress]

OP is just promote his site, just look at his post history : https://bitcointalk.org/index.php?action=profile;u=2329711;sa=showPosts

yeah, he crawled out of the speculation board into the main board for advertising. what i am curious about is whether anybody have ever bothered paying him any money. it is not just that selling this kind of services like this doesn't interest anybody but also because he is dead wrong about all his speculations and so far topics that i have seen from him where he was guessing a price has been way off the mark!

I've always been curious myself: what makes people think others would want to pay them money for snake oil that repeatedly proves itself to be poison, and even more curious, what actually makes people pay for it?!

Out of that curiosity I took up several "Free promos" for these paid groups. Trials, and what not. Most never even responded or muted me when presented with proof that they actually lost money. One particular one did respond by saying I "literally" chose the worst possible 3 months for a trial. This same guy has messaged me probably 5 more times in the past year warning me his Paid Group is closing for good to new members.

People should just pick micgoosen's threads and follow that prediction;)

[Reatim]

Since you like challenges that brings you to investing in cryptocurrency because in here lot of challenge awaits you from the start that market slowly falling or even in big dumps

That’s what I consider timing from buying when the market fading like what happen early this year,all who had purchase from $3,000 level is surely in high profit now of 300-400% gross

Back in time,you are just become lucky investing in May 2017 in which the start of the great pump when the highest price of this coin has been recorded