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Author Topic: Why speculate when you can be at peace with Bitcoin  (Read 1138 times)
SirLancelot
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October 16, 2022, 09:06:40 PM
 #61

It is a decision that the early holders will never regret because it's been rewarding for them. And on the other hand, those that have bought at the top and held, are only hoping to recover because they're down at these times.
But as they hold on, they should look at the other opportunities that are in front of them instead of thinking to recover. Because no matter what they do, recovery time will come and it's going to be shown if they're patient enough to see it.
Yeah and that is the beauty of crypto though, because there is a good chance that you can recover from the 'paper loses' you suffer. You can also lose if you don't sell at a lost, almost remember that. So even if you see your wallet value going down, it's doesn't mean you really lost that money. But if you continue to just hold and take every opportunity to accumulate then at certain point you will make profits guaranteed.
Not selling at loss is something people need to learn for sure. I have talked with some people who have lost a good chunk of money and sold their coins recently, some of them sold it 3 months ago, some of them last week, but they got out because "market is bad right now and it will get worse".

The reality is that they should have bought more, and if it ever goes down even further they should buy even more. Because, price will recover one way or another and that’s the important part, there is absolutely no reason for it to be going down and staying there, it will go up again and if you are ready for it then you will profit a good chunk in the future.

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October 17, 2022, 02:48:45 PM
 #62

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.
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.

Market speculation can occasionally be advantageous for long-term holders. Here, I'm referring to the investors. They have insight into how to develop their investing strategy attributable to market speculation. While speculating is useful for traders trying to invest their money, it is not really necessary for someone just looking for a way to save and transact money.

That's just okay as long as it's your vison as an investor but we cannot put a margin to those who are using a different method; short term investment. We do all have different perspectives but for sure we are all having one goal; to gain profit from doing so.

Short-term investors are more likely to make profit rapidly and can also be at risk if they don't have enough understanding about the investments they're making. They might find it useful as well, but they lack the necessary skepticism and are susceptible to financial loss.

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October 17, 2022, 04:39:34 PM
 #63

You see the current Bitcoin market situation is the reason why speculation is bad, and should be totally avoided. Once youhold Bitcoin just know that the price can not be speculated and any point and the market price of Bitcoin can not be predicted.

I have read some speculations in the last couple of weeks back that we are in for a long-time bear market and even chat have been formulated supporttheir claims, but in the early hours of this new week, Bitcoin have seem to have been on a recovery mode after the price crossed the 19,500 region which is a sharp rise in price that indicate bullish movement!
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October 18, 2022, 02:29:46 AM
 #64

You see the current Bitcoin market situation is the reason why speculation is bad, and should be totally avoided. Once youhold Bitcoin just know that the price can not be speculated and any point and the market price of Bitcoin can not be predicted.

I have read some speculations in the last couple of weeks back that we are in for a long-time bear market and even chat have been formulated supporttheir claims, but in the early hours of this new week, Bitcoin have seem to have been on a recovery mode after the price crossed the 19,500 region which is a sharp rise in price that indicate bullish movement!
While it is always nice to see bitcoin going up in value I do not think we can even remotely conclude from this small growth that somehow we are witnessing some kind of bullish sentiment sweeping the market away, this is just a small correction and I do not think it is even worth thinking too much about it, as even if we surpassed the 20k level I think it would not be long until the price went below that level again.
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October 18, 2022, 05:15:51 PM
 #65

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.
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.
Market speculation can occasionally be advantageous for long-term holders. Here, I'm referring to the investors. They have insight into how to develop their investing strategy attributable to market speculation. While speculating is useful for traders trying to invest their money, it is not really necessary for someone just looking for a way to save and transact money.
Investors have a bigger chance because they have more time to recover, traders need to be careful because they trade, which includes both buying and selling together, and you need to do them quickly enough to be considered trader, if you buy and sell 6 months later, that’s not trading, that’s short term investing and there is a difference, but if you do it 2 hours later that’s trading.

Investors do not have this trouble, they could buy and be wrong and then wait for it to recover 9 months later and be right eventually, that’s a lot easier. People need to speculate less, and hold more in order to have a better chance to make a profit, which would benefit them more.

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October 18, 2022, 08:23:03 PM
 #66

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.
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.
Market speculation can occasionally be advantageous for long-term holders. Here, I'm referring to the investors. They have insight into how to develop their investing strategy attributable to market speculation. While speculating is useful for traders trying to invest their money, it is not really necessary for someone just looking for a way to save and transact money.
Investors have a bigger chance because they have more time to recover, traders need to be careful because they trade, which includes both buying and selling together, and you need to do them quickly enough to be considered trader, if you buy and sell 6 months later, that’s not trading, that’s short term investing and there is a difference, but if you do it 2 hours later that’s trading.

Investors do not have this trouble, they could buy and be wrong and then wait for it to recover 9 months later and be right eventually, that’s a lot easier. People need to speculate less, and hold more in order to have a better chance to make a profit, which would benefit them more.
People are usually having this kind of wrong perceptions or beliefs in between investing and trading which you had clearly said about the basic concepts on how its been done.
When you are really on that investing mode then you wouldnt really be minding on what price you would really be getting in.If you do make out shorter day trades then for sure you would really be mindful
on every price tick on the chart.There's really indeed difference on how things should be done.Its true that you would really be at peace when you do go for long term
holding on Bitcoin but to know that not all would really be that patient when it comes to waiting game.

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October 18, 2022, 10:30:48 PM
 #67

There is no way the Bitcoin market or altcoin market will be without speculation and not only do traders need speculation on the market but even investors are always looking for speculation to help them make better decisions.

So speculation is an integral part of the cryptocurrency market and if Bitcoin must remain a volatile asset then speculation can not be separated from Bitcoin market as their both co-exist.
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October 18, 2022, 10:59:44 PM
 #68

I want you to understand that cryptocurrency market sphere is all about speculation because with speculation of cryptocurrency the market will not experience lost and gain, sometimes the negative speculation of Bitcoin and altcoins are the things that brings or introduce panic in the market and people began to sell out their reserved coins, so i believe that speculation of cryptocurrency negatively are one of the things lure many investors into lost and also profit.


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October 19, 2022, 09:26:01 AM
 #69

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.
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.
this is an investment market and each of us have their own target and strategy , yes sometimes Speculating is annoying but this is how this market goes, this is also why popularity comes for more than years now as the speculation makes this market being loved by investors.

and those risk taker? actually almost all of us are risk taker and we tend to risk our funds for the opportunity to earn and this is how it works and admit it, this is how we love crypto.

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October 19, 2022, 05:14:44 PM
 #70

Well not all the time you will be in a safe place even you rely only in bitcoin, because market is not stable and so volatile sometimes . So if you just buy bitcoin in any price without any speculation for sure it's the same story and at the end you will experience losses as well.  We need to be smart enough! If you don't apply such way to determine the real price to buy then i suggest better to stop to prevent risky situation.
I think the OP knows this already but he pushes his insights because he is also aware that btc can recover no matter how low it goes. He didn't say that people can buy at any price. That's not the right way of investing but it's always ideal to start investing when the price are at their atl's or bottom so that you can greatly lessen the risk.

It will be hard for the price to drop more after that but it will mostly do a recovery and along with it is that we are going to earn a profit. There is no need to speculate if how much price btc can achieve because we cant still predict it accurately but we can just say that it will move upwards or downwards. That's a lot easier.
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October 19, 2022, 09:27:54 PM
 #71

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.
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.
this is an investment market and each of us have their own target and strategy , yes sometimes Speculating is annoying but this is how this market goes, this is also why popularity comes for more than years now as the speculation makes this market being loved by investors.

and those risk taker? actually almost all of us are risk taker and we tend to risk our funds for the opportunity to earn and this is how it works and admit it, this is how we love crypto.
You could really give out some recommendations or suggestions but its not really something that anyone would be following out.Its true that we do have our own plans and targets when it comes to our crypto investment which it would really be varying or depending.
If you do like yourself to play on the safer side, then you would really be that going for bitcoin but since there are people who are longing for some good potential returns or profits
then this is where they do consider altcoin option.
You do need to speculate even you do hold up bitcoin because even it do sits on the top ranking, doesnt mean that it wouldnt really have any risk or give out assurance.

R


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October 19, 2022, 09:53:31 PM
 #72

Well not all the time you will be in a safe place even you rely only in bitcoin, because market is not stable and so volatile sometimes . So if you just buy bitcoin in any price without any speculation for sure it's the same story and at the end you will experience losses as well.  We need to be smart enough! If you don't apply such way to determine the real price to buy then i suggest better to stop to prevent risky situation.
I think the OP knows this already but he pushes his insights because he is also aware that btc can recover no matter how low it goes. He didn't say that people can buy at any price. That's not the right way of investing but it's always ideal to start investing when the price are at their atl's or bottom so that you can greatly lessen the risk.

It will be hard for the price to drop more after that but it will mostly do a recovery and along with it is that we are going to earn a profit. There is no need to speculate if how much price btc can achieve because we cant still predict it accurately but we can just say that it will move upwards or downwards. That's a lot easier.

Not that we can predict it accurately, but the upward and downward will always be there.
The price level changes from time to time but the hope of further increasing its value is very possible to happen.
This is why, some people feel at peace with btc because if you are eyeing long-term, you don't need to worry about the small movements.
You have the goal of patiently waiting up until you hit your target price level where you can get your profits.
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October 20, 2022, 11:08:02 AM
 #73

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.
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.
this is an investment market and each of us have their own target and strategy , yes sometimes Speculating is annoying but this is how this market goes, this is also why popularity comes for more than years now as the speculation makes this market being loved by investors.

and those risk taker? actually almost all of us are risk taker and we tend to risk our funds for the opportunity to earn and this is how it works and admit it, this is how we love crypto.
Risk taking is something you do with every single satoshi that you buy, there isn't a situation where you are involved with investment and there is no risk, every single one does. Even the most basic "put your money into interest in a bank" type of things which is historically quite safe, saw some troubles back in 2008 where a few nations blocked people cashing those out, and even the ones that didn't had such high inflations this year that the money there lost all its power so it's futile to put there.

So, risk taking is something you are doing at all times, and bitcoin is as risky as other things, but has a good track record to make you feel better.

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October 20, 2022, 09:16:18 PM
 #74

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.
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.
this is an investment market and each of us have their own target and strategy , yes sometimes Speculating is annoying but this is how this market goes, this is also why popularity comes for more than years now as the speculation makes this market being loved by investors.

and those risk taker? actually almost all of us are risk taker and we tend to risk our funds for the opportunity to earn and this is how it works and admit it, this is how we love crypto.
Risk taking is something you do with every single satoshi that you buy, there isn't a situation where you are involved with investment and there is no risk, every single one does. Even the most basic "put your money into interest in a bank" type of things which is historically quite safe, saw some troubles back in 2008 where a few nations blocked people cashing those out, and even the ones that didn't had such high inflations this year that the money there lost all its power so it's futile to put there.

So, risk taking is something you are doing at all times, and bitcoin is as risky as other things, but has a good track record to make you feel better.
Every investment does have particular risk which does simply means that even if you would really be that dealing with those traditional investment it isnt really an exemption for you to get out of it.

This is the main thing that you should really be expecting once you do touch up investment whether into those traditional or crypocurrency.Its true that you cant really go wrong with Bitcoin but
still to consider up the risk that it isnt really something that you would really get assured of things in speaking with future years.

Invest what you can afford to lose and never ever consider each step you do make is risk-free.

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October 20, 2022, 09:50:04 PM
 #75

There is no way the Bitcoin market or altcoin market will be without speculation and not only do traders need speculation on the market but even investors are always looking for speculation to help them make better decisions.

So speculation is an integral part of the cryptocurrency market and if Bitcoin must remain a volatile asset then speculation can not be separated from Bitcoin market as their both co-exist.
I do not have a problem with speculation by itself as a great deal of what we do is speculation, an example of this is when you took a test at school and then you are with your friends talking about how you did and what kind of score you think you will get, that is a form of speculation, which is in fact important as in part your future occupation depends on those scores, and price speculation is similar, your future depends on your ability to predict the price correctly, however I do have a problem with endless speculation, as there are some traders which keep talking about the price but they never buy, and as such their speculations are useless when it comes to the effect they can have in their future.
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October 20, 2022, 10:07:20 PM
 #76

I want you to understand that cryptocurrency market sphere is all about speculation because with speculation of cryptocurrency the market will not experience lost and gain, sometimes the negative speculation of Bitcoin and altcoins are the things that brings or introduce panic in the market and people began to sell out their reserved coins, so i believe that speculation of cryptocurrency negatively is one of the things lure many investors into lost and also profit.
I agree with what you said, because there is always an increase in buy orders when there is panic resulting from speculations, be it from the media or institutions who will want to manipulate the market to favor themselves.
Most of the whales always look out for highly speculative projects so that their can used whatever market situation to make more profits. Most especially those that are in for a short period.

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October 21, 2022, 07:08:04 AM
 #77

I want you to understand that cryptocurrency market sphere is all about speculation because with speculation of cryptocurrency the market will not experience lost and gain, sometimes the negative speculation of Bitcoin and altcoins are the things that brings or introduce panic in the market and people began to sell out their reserved coins, so i believe that speculation of cryptocurrency negatively is one of the things lure many investors into lost and also profit.
I agree with what you said, because there is always an increase in buy orders when there is panic resulting from speculations, be it from the media or institutions who will want to manipulate the market to favor themselves.
Most of the whales always look out for highly speculative projects so that their can used whatever market situation to make more profits. Most especially those that are in for a short period.

At present the Pope always gives negative news when the red market, of course they hope the price of the red again and can buy in large quantities, we certainly have to follow the pattern or trend so that we can get a big profit in a short time.

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October 21, 2022, 10:30:27 AM
 #78

Well not all the time you will be in a safe place even you rely only in bitcoin, because market is not stable and so volatile sometimes . So if you just buy bitcoin in any price without any speculation for sure it's the same story and at the end you will experience losses as well.  We need to be smart enough! If you don't apply such way to determine the real price to buy then i suggest better to stop to prevent risky situation.
I think the OP knows this already but he pushes his insights because he is also aware that btc can recover no matter how low it goes. He didn't say that people can buy at any price. That's not the right way of investing but it's always ideal to start investing when the price are at their atl's or bottom so that you can greatly lessen the risk.

It will be hard for the price to drop more after that but it will mostly do a recovery and along with it is that we are going to earn a profit. There is no need to speculate if how much price btc can achieve because we cant still predict it accurately but we can just say that it will move upwards or downwards. That's a lot easier.

Not that we can predict it accurately,
sorry about this mate , but can we predict accurately ? really? bitcoin ? all we can do is predict if it will up or down but not accurately.

Quote
but the upward and downward will always be there.
Volatility , It is..


Quote
The price level changes from time to time but the hope of further increasing its value is very possible to happen.
That is why there is no accurate predictions.

Quote
This is why, some people feel at peace with btc because if you are eyeing long-term, you don't need to worry about the small movements.
You have the goal of patiently waiting up until you hit your target price level where you can get your profits.

investment , risky but satisfying if you will trust bitcoin for at least 3-5 years long holding , not that easy money.

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October 21, 2022, 11:47:41 AM
 #79

At present the Pope always gives negative news when the red market, of course they hope the price of the red again and can buy in large quantities, we certainly have to follow the pattern or trend so that we can get a big profit in a short time.

What are you talking about, mate?
You tell everyone to follow Patterns and Trends in order to get a lot of profit. But you don't explain yourself about Patterns and Trends that are good for everyone to follow in conditions like now. Now since you have said that here, then it would be better if you want to give a more complete explanation of the Pattern and Trend that you mean.

Since the task of the whales in the market is also to make as much profit as they can and everything they do is definitely considered for themselves, so there is no reason to blame the whales for this.
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October 22, 2022, 01:40:41 PM
 #80

At present the Pope always gives negative news when the red market, of course they hope the price of the red again and can buy in large quantities, we certainly have to follow the pattern or trend so that we can get a big profit in a short time.
What are you talking about, mate?
You tell everyone to follow Patterns and Trends in order to get a lot of profit. But you don't explain yourself about Patterns and Trends that are good for everyone to follow in conditions like now. Now since you have said that here, then it would be better if you want to give a more complete explanation of the Pattern and Trend that you mean.

Since the task of the whales in the market is also to make as much profit as they can and everything they do is definitely considered for themselves, so there is no reason to blame the whales for this.
I don't know about Pope, but the patters that I watch is the resistance and support, if there is a good amount of resistance and support that market fails to break, that means we could trade in between them to make a good return and that's not too bad, but if we are talking about a situation that breaks them all the time, that is bear or bull market and that is usually scarier and people don't know what to do.

Right now, we go in between 18k and 21k, if you could buy at 18k and sell at 21k and keep repeating that, you would make a lot of profit. Some people did that already and got good profits, without waiting anything, just buy at support, sell at resistance, as simple as that.

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