Why speculate when you can be at peace with Bitcoin

[btc_angela]

Having your own analysis can be considered as a speculation so I think it’s very normal for a trader and investor to speculate the price no matter how good the coin is.

Yes Bitcoin will continue to rise in the long run but if you want to be more profitable, I suggest to continue speculate the price and know when is the best time to buy instead of relying to the news alone which I think is not a good mindset for an investor.

That is what many people failed to understand.  The cryptocurrency industry by its nature is purely speculative and there's no hoe you will be in the industry that you don't speculate in one way or the other. No one knows where the bottom will be, as a matter of fact we don't know what price bitcoin will be at on 15th November, 2022. The only way out is to continue to speculate. And people whose speculations are more accurate rules the industry.

So, it is high time we began to deal with speculation, FUD, FOMO etc because they are part of the cryptocurrency industry and they will remain with it as long as it exists.

I accept the fact that the entire cryptocurrency industry is speculative, but also it is more speculative to those who make it a short-term priority to predict the price and those that fall into that category.
1: passive traders, because they always base their entry on
    speculated Bitcoin price.
2: short term investors
But as a long-term Bitcoin holder, you will become less concerned with the short-term price but become more focused on Bitcoin's long-term value.

So it does simply tells us that there are different type of traders whom do deal up with the market on different manner but in overall essence and goals/targets in mind then it would
really be sticking out on the same motive which is to make profits or money.
Its true that we can be at peace with Bitcoin but doesnt mean that it would really be giving out assurance that it would really be positive in the future.
This is why there are really investors who do look for other alternative or options which they cant really just stick with Bitcoin.
They are really finding other opportunities which could possibly bring them some profits.

Yes, that is the obvious goal for the majority of us, make money and profits from trading.

But there are people who doesn't like to trade, maybe they think it's a complicated thing to do, which is true and it's hard to start with. You need to have that capital to play and then the time to spend in front of your computer and have some background on technical analysis as well.

So what the majority do or at least in my end, is just to invest on BTC, through DCA and I will be good without having the difficult to trade and give me headache in the end if I lose or do something wrong in my trades.

[1714672998]

1714672998

[1714672998]

1714672998

[1714672998]

1714672998

[Odusko]

You will never make a profit because it is best to DYOR first and get sufficient knowledge and skills. for you to end up in reliable decisions that will make you profitable in the end.

Bitcoin will continue to rise in the long term but if you want to be more profitable I suggest to keep speculating the price and know when is the best time to buy rather than relying on news alone which I don't think is a good mindset for an investor.

and don't forget that there is a widespread perception that with a few "skills" you can do just that. These people tolerate the pressure of losing their money because they believe they are making the right move.

Doing your own market visibility and speculation is the best way to get first-hand information about any asset you want to buy, not even Bitcoin is 100% a good choice at all times.
When you get into bitcoin at the wrong time you may still lose unless you are ready to hold as long as possible, so best to get in with the right price and better to buy when the price is low to avoid accumulating losses at any slightest market turn just like what we see with Bitcoin in the last couple of weeks back.

[ShowOff]

Doing your own market visibility and speculation is the best way to get first-hand information about any asset you want to buy, not even Bitcoin is 100% a good choice at all times.

Of course, bitcoins are not always the best choice all the time especially if you want to make a profit in the short term. But bitcoin is always the best choice for long term investment.

When you get into bitcoin at the wrong time you may still lose unless you are ready to hold as long as possible, so best to get in with the right price and better to buy when the price is low to avoid accumulating losses at any slightest market turn just like what we see with Bitcoin in the last couple of weeks back.

And this is where analysis is needed. Knowing when is the best time to enter the market is important to increase your chances of making big profits in the long term. Usually people are advised to buy every dip and collect bitcoins, and to be honest it is very profitable if they are willing to hold it.

[Dave1]

You will never make a profit because it is best to DYOR first and get sufficient knowledge and skills. for you to end up in reliable decisions that will make you profitable in the end.

Bitcoin will continue to rise in the long term but if you want to be more profitable I suggest to keep speculating the price and know when is the best time to buy rather than relying on news alone which I don't think is a good mindset for an investor.

and don't forget that there is a widespread perception that with a few "skills" you can do just that. These people tolerate the pressure of losing their money because they believe they are making the right move.

Doing your own market visibility and speculation is the best way to get first-hand information about any asset you want to buy, not even Bitcoin is 100% a good choice at all times.
When you get into bitcoin at the wrong time you may still lose unless you are ready to hold as long as possible, so best to get in with the right price and better to buy when the price is low to avoid accumulating losses at any slightest market turn just like what we see with Bitcoin in the last couple of weeks back.

Well if you are in for the long haul, I think bitcoin is a good choice majority of the time. You can invest on altcoins, but what are the risks? we have seen two collapses that many investors think that it will not going to happen, and yet it goes down very hard bringing with it billions upon billions of investors money. So just imagine if those investors put their hard earn money to bitcoin that time, they could still be thriving and not crying on the spoiled milk in the last 2 weeks. But the damage has been done already and hopefully they learn a valuable lesson to just put their money on BTC long term.

[RealMalatesta]

I accept the fact that the entire cryptocurrency industry is speculative, but also it is more speculative to those who make it a short-term priority to predict the price and those that fall into that category.
1: passive traders, because they always base their entry on
    speculated Bitcoin price.
2: short term investors
But as a long-term Bitcoin holder, you will become less concerned with the short-term price but become more focused on Bitcoin's long-term value.

So it does simply tells us that there are different type of traders whom do deal up with the market on different manner but in overall essence and goals/targets in mind then it would
really be sticking out on the same motive which is to make profits or money.
Its true that we can be at peace with Bitcoin but doesnt mean that it would really be giving out assurance that it would really be positive in the future.
This is why there are really investors who do look for other alternative or options which they cant really just stick with Bitcoin.
They are really finding other opportunities which could possibly bring them some profits.

Yes, that is the obvious goal for the majority of us, make money and profits from trading.

But there are people who doesn't like to trade, maybe they think it's a complicated thing to do, which is true and it's hard to start with. You need to have that capital to play and then the time to spend in front of your computer and have some background on technical analysis as well.

So what the majority do or at least in my end, is just to invest on BTC, through DCA and I will be good without having the difficult to trade and give me headache in the end if I lose or do something wrong in my trades.

Not only in trading but you can also make money in investing, staking and many other activities which are related to cryptos. Those who don't like to trade are opting for those as they are more easier to do. All of them needs a capital (money) except only for those faucet, bounty, sig campaigns and other similar activities because they are more like a job already.

The only thing that you need there is time and hard work in order to earn a cryptos. Staking, investing or even trading can be done without actively monitoring your screen but the rest cant possibly be. We need to choose properly if what we think can give us a peace of mind.

[Odusko]

You will never make a profit because it is best to DYOR first and get sufficient knowledge and skills. for you to end up in reliable decisions that will make you profitable in the end.

Bitcoin will continue to rise in the long term but if you want to be more profitable I suggest to keep speculating the price and know when is the best time to buy rather than relying on news alone which I don't think is a good mindset for an investor.

and don't forget that there is a widespread perception that with a few "skills" you can do just that. These people tolerate the pressure of losing their money because they believe they are making the right move.

Doing your own market visibility and speculation is the best way to get first-hand information about any asset you want to buy, not even Bitcoin is 100% a good choice at all times.
When you get into bitcoin at the wrong time you may still lose unless you are ready to hold as long as possible, so best to get in with the right price and better to buy when the price is low to avoid accumulating losses at any slightest market turn just like what we see with Bitcoin in the last couple of weeks back.

Well if you are in for the long haul, I think bitcoin is a good choice majority of the time. You can invest on altcoins, but what are the risks? we have seen two collapses that many investors think that it will not going to happen, and yet it goes down very hard bringing with it billions upon billions of investors money. So just imagine if those investors put their hard earn money to bitcoin at that time, they could still be thriving and not crying on the spoiled milk in the last 2 weeks. But the damage has been done already and hopefully they learn a valuable lesson to just put their money on BTC long term.

The general crypto market outlook is on a negative dimension for a while now and if anyone wants to dive in and take a risk on any coin it should be a more stronger coin that already has a strong community of users who are actively interacting with the market to keep its price at floats, and among other coins, the most preferred should be Bitcoin and a few of other established altcoins.

[mich]

Personally, I think It’s rare that any investment will continue to produce significant gains year over year indefinitely without any corrections. On a long enough timeline, your bound to see some fluctuations in the price and right now we’re in a dip.

However, if you look at BTC historic chart you can easily spot that proceeding every dip was healthy gains and eventually a new all time high. My strategy is to be patient, hold long and I’m fairly confident we will see BTC hit 100k by late 2023.

[Fesatmas]

Personally, I think It’s rare that any investment will continue to produce significant gains year over year indefinitely without any corrections. On a long enough timeline, your bound to see some fluctuations in the price and right now we’re in a dip.

However, if you look at BTC historic chart you can easily spot that proceeding every dip was healthy gains and eventually a new all time high. My strategy is to be patient, hold long and I’m fairly confident we will see BTC hit 100k by late 2023.

Most people complain because they can't be patient with falling prices, whereas for those who have strong patience and can last a long time holding bitcoin a drop is an opportunity for those who can do it. The history of bitcoin prices is indeed very promising, and this year the price of bitcoin touched the 4-year price and has the potential to climb back up and reach ATH again. However, when it is certain when it is our job to be able to analyze it better, so it will be extra work for us.

[Odusko]

Personally, I think It’s rare that any investment will continue to produce significant gains year over year indefinitely without any corrections. On a long enough timeline, your bound to see some fluctuations in the price and right now we’re in a dip.

However, if you look at BTC historic chart you can easily spot that proceeding every dip was healthy gains and eventually a new all time high. My strategy is to be patient, hold long and I’m fairly confident we will see BTC hit 100k by late 2023.

Most people complain because they can't be patient with falling prices, whereas for those who have strong patience and can last a long time holding bitcoin a drop is an opportunity for those who can do it. The history of bitcoin prices is indeed very promising, and this year the price of bitcoin touched the 4-year price and has the potential to climb back up and reach ATH again. However, when it is certain when it is our job to be able to analyze it better, it will be extra work for us.

One of the major reasons why some investors always run into losses is because of the fact that, their lack the patents to wait on the market to recover before they make a sell decision and if the market is down they constantly look for means to cut losses and in the process lose their initial capital.
But if one has the right knowledge about bitcoin and its market movement, it will become easier to find for long and be at peace knowing that your invested capital is safe when is in Bitcoin.

[stomachgrowls]

Having your own analysis can be considered as a speculation so I think it’s very normal for a trader and investor to speculate the price no matter how good the coin is.

Yes Bitcoin will continue to rise in the long run but if you want to be more profitable, I suggest to continue speculate the price and know when is the best time to buy instead of relying to the news alone which I think is not a good mindset for an investor.

That is what many people failed to understand.  The cryptocurrency industry by its nature is purely speculative and there's no hoe you will be in the industry that you don't speculate in one way or the other. No one knows where the bottom will be, as a matter of fact we don't know what price bitcoin will be at on 15th November, 2022. The only way out is to continue to speculate. And people whose speculations are more accurate rules the industry.

So, it is high time we began to deal with speculation, FUD, FOMO etc because they are part of the cryptocurrency industry and they will remain with it as long as it exists.

I accept the fact that the entire cryptocurrency industry is speculative, but also it is more speculative to those who make it a short-term priority to predict the price and those that fall into that category.
1: passive traders, because they always base their entry on
    speculated Bitcoin price.
2: short term investors
But as a long-term Bitcoin holder, you will become less concerned with the short-term price but become more focused on Bitcoin's long-term value.

So it does simply tells us that there are different type of traders whom do deal up with the market on different manner but in overall essence and goals/targets in mind then it would
really be sticking out on the same motive which is to make profits or money.
Its true that we can be at peace with Bitcoin but doesnt mean that it would really be giving out assurance that it would really be positive in the future.
This is why there are really investors who do look for other alternative or options which they cant really just stick with Bitcoin.
They are really finding other opportunities which could possibly bring them some profits.

Yes, that is the obvious goal for the majority of us, make money and profits from trading.

But there are people who doesn't like to trade, maybe they think it's a complicated thing to do, which is true and it's hard to start with. You need to have that capital to play and then the time to spend in front of your computer and have some background on technical analysis as well.

So what the majority do or at least in my end, is just to invest on BTC, through DCA and I will be good without having the difficult to trade and give me headache in the end if I lose or do something wrong in my trades.

When you dont like to trade, then so be it. We do have our own choices in life which would end up on different situations basing on those conditions.So it wont really be that much of an issue.

Whether you do trade or not then it wont really be on others business on what you should gonna do with your investment.It is really just normal for people to go along with the herd or commonly been done.

Its true that it is really that much safer when you do go with Bitcoin and hold for long term but as i said that not all does have the patience on doing so.
But at least we do really have options whether we do go for Bitcoin purely or would tend to make or get involved with other coins in the market.

[Piesel]

The thing is even Bitcoin need to be properly speculated to make the maximum use of the speculative features of Bitcoin. But again must long-term Bitcoin holders may want to stay off speculation because if speculation gets into your ear you can make any trading decision and before your know it you are already losing heavily.

Bitcoin is not an all-good-time asset and the risk should be properly in analyzing before venturing in.

[Pamadar]

The thing is even Bitcoin need to be properly speculated to make the maximum use of the speculative features of Bitcoin. But again must long-term Bitcoin holders may want to stay off speculation because if speculation gets into your ear you can make any trading decision and before your know it you are already losing heavily.

Bitcoin is not an all-good-time asset and the risk should be properly in analyzing before venturing in.

Proper analyzation and right timing before you venture your investment with bitcoin, with the high volatility that is present inside this industry, knowing your position either long or short is always depending on your understanding.

The preparation is very important. You need to make sure that you are doing the right research and
you are already filled with the right sets of knowledge to patiently wait.

Your call is always the final decision making. Make sure that you are in the right direction when planning
and executing your strategy.

[Minecache]

The thing is even Bitcoin need to be properly speculated to make the maximum use of the speculative features of Bitcoin. But again must long-term Bitcoin holders may want to stay off speculation because if speculation gets into your ear you can make any trading decision and before your know it you are already losing heavily.

Bitcoin is not an all-good-time asset and the risk should be properly in analyzing before venturing in.

Speculation is an integral part of trading as well as investing, although bitcoin is a good investment that always grows over time. If we want big profits, we need to buy it at a reasonable price. Assuming we don't follow the market, don't analyze the market, and just buy and buy, then if we bought at ATH $69k last year, we wouldn't be able to make a significant profit when bitcoin hits $100 k, but if we buy at 17k, the profit is very different.

[cryptomaniac_xxx]

The thing is even Bitcoin need to be properly speculated to make the maximum use of the speculative features of Bitcoin. But again must long-term Bitcoin holders may want to stay off speculation because if speculation gets into your ear you can make any trading decision and before your know it you are already losing heavily.

Bitcoin is not an all-good-time asset and the risk should be properly in analyzing before venturing in.

Speculation is an integral part of trading as well as investing, although bitcoin is a good investment that always grows over time. If we want big profits, we need to buy it at a reasonable price. Assuming we don't follow the market, don't analyze the market, and just buy and buy, then if we bought at ATH $69k last year, we wouldn't be able to make a significant profit when bitcoin hits $100 k, but if we buy at 17k, the profit is very different.

There could also be investors who may have bought it at the top, then continue to hold. Or probably sold it later, and then buy when the price goes down like when it reaches $15,500. So there are a lot of strategies that we might have to test out ourselves not just simply buying and holding. And this could also be true for those who want to take risk to speculate about the price even if it is very volatile. Maybe they have the a previous background already.

But for those who doesn't want that risk, so yeah, probably just continue to accumulate overtime, specially if they have investment what they can afford to lose.

[Reatim]

The thing is even Bitcoin need to be properly speculated to make the maximum use of the speculative features of Bitcoin. But again must long-term Bitcoin holders may want to stay off speculation because if speculation gets into your ear you can make any trading decision and before your know it you are already losing heavily.

there is no such word "Properly speculated" mate because that is why it was called speculation meaning there is no assurance of this or that.

Bitcoin is not an all-good-time asset and the risk should be properly in analyzing before venturing in.

not all Good but this is the best mate, for 13 years I guess? bitcoin proven how much this could bring us , this can even make many people richer over time.

[Questat]

There could also be investors who may have bought it at the top, then continue to hold. Or probably sold it later, and then buy when the price goes down like when it reaches $15,500. So there are a lot of strategies that we might have to test out ourselves not just simply buying and holding. And this could also be true for those who want to take risk to speculate about the price even if it is very volatile. Maybe they have the a previous background already.

But for those who doesn't want that risk, so yeah, probably just continue to accumulate overtime, specially if they have investment what they can afford to lose.

Buy the dip and sell at high - that is the strategy that mostly had followed. Unfortunately, they got to struggle in holding which makes them fail to sell high and just sell low. I can see that living here and investing in crypto is hard to make peace of our mind especially if we keep looking and checking the market chart. Because the more we are updated to everyday changes, the more it affects our mindset and emotions. That is why we should not just focus on here but also to have other stuff to enjoy in order to divert our minds.

[lizarder]

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.

Speculation is indeed quite troubling at the moment, many speculators continue to tell stories based on conditions that are not like facts, so these conditions affect some beginners who do not understand the concept of investment. Bitcoin has experienced two decades since its launch, we have seen Bullish and Bearish market conditions on its way, so knowing when is the right time to start entering the market, although Bitcoin can be purchased under any circumstances, according to the timeframe specified in the investment scheme.

Knowing fully well that with Bitcoin I have the best alternative currency to spend at any time without any third-party involvement like the bank

The uniqueness of bitcoin lies in many aspects that fiat currency does not have, there is no physical form because there are only balances recorded in ledgers that are transparently accessed and there is no centralized control by any securities. Currently bitcoin has also experienced a considerable increase, not only used in the form of investment, but can also be used to make other transactions related to the purchase of goods or services.

[beerlover]

Buy the dip and sell at high - that is the strategy that mostly had followed. Unfortunately, they got to struggle in holding which makes them fail to sell high and just sell low. I can see that living here and investing in crypto is hard to make peace of our mind especially if we keep looking and checking the market chart. Because the more we are updated to everyday changes, the more it affects our mindset and emotions. That is why we should not just focus on here but also to have other stuff to enjoy in order to divert our minds.

People who do not realize that they should be buying it is this low, and instead sell because it is dropping is the reason why we make profits, so do not worry about them. I am happy with the situation, let them struggle with holding, let the weak hands go, people who buy at these prices and have diamond hands will end up with a lot more profit in the long run and it should be fine.

I know it is not going to be easy to handle, and I know that it is going to take a while to get used to, but people who lose money during this period loses to us, and that is what I aim at becoming, the person who makes profit thanks to these markets, the bear period is the biggest way to make money.

[tygeade]

One of the things I hate most is speculations and I try as much as possible to avoid an entry that will make me speculate on the price of Bitcoin, so at that, I try as much as possible to have an entry price that will make me look away from the market for a long time and just be at peace holding my bitcoin in my wallet.

Speculation is indeed quite troubling at the moment, many speculators continue to tell stories based on conditions that are not like facts, so these conditions affect some beginners who do not understand the concept of investment. Bitcoin has experienced two decades since its launch, we have seen Bullish and Bearish market conditions on its way, so knowing when is the right time to start entering the market, although Bitcoin can be purchased under any circumstances, according to the timeframe specified in the investment scheme.

Unfortunately there are some newbies who do not understand what speculation is, and take it as a fact and that creates the biggest trouble. As we all know we should not listen to anyone who says it "will" be 15k or it "will" be 25k, we can even say it ourselves and they should still not listen to us.

Because, nobody knows what it "will" do, we know what it may do, or should do, or could do but not know what it will do. That is only up to time and time will tell us what bitcoin price will become. Do not make any type of investment just because you heard people are doing something and you want to join them and invest just like they did, they could be wrong as well.

[Mahanton]

Bitcoin is always interesting for us to follow, speculation has often happened, many panic when the price of dropping so that it immediately sells, but I'm sure that Bitcoin immediately skyrocketed, as investors should be patient and not easily panic so that we can get big profits.

Bitcoin is the main trend setter on which whenever it does have some bearish movement then expect that everything in the market would turn out to be bearish.When its bullish then expect that majority of coins would
would really be doing the same.In speaking about getting that in peace with Bitcoin then of course this is what we are trying out to accumulate as much as we can.
People cant really avoid not to touch up with altcoins considering that it does also give out that chance for us to make profits too.
Honestly it is really that right or good thing to have that diversification kind of mindset.