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Author Topic: Do you have 1 bitcoin?  (Read 1095 times)
UserU
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January 14, 2023, 07:03:36 AM
 #121

Breached 21K today. More cashing out for the Lunar New Year.

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January 15, 2023, 09:48:15 AM
 #122

Hello friends
Do you currently have at least 1 bitcoin?
Many people sold their bitcoins after quite a big drop,but i am sure there are people who still hodl a large amount of bitcoins
And i always wonder what motivates those people
Faith,hope,unemotional analytics or the ability to see the future? Cheesy
Please,answer only those who really own at least 1 bitcoin
Thank you

I always wanted to own at least one Bitcoin, but unfortunately it has not yet came to fruition, despite the fact that I am active in crypto space for over  4 years now. Though I consistently hold portion of Bitcoin & never sell it in loss, instead. add more Bitcoin in every deep dip. In order to generate passive income, I trade in Bitcoin and keep buying it when its price is lower and book gains by selling it when my trade goes in profit, to cover my daily expenses.

The goal of owning 1 bitcoin is a goal not only for you but for most people on this forum. I believe that as long as everyone works tirelessly and takes advantage of the current bitcoin price drop to accumulate actively, everyone will achieve their goals. I don't think it's too difficult if we really want to do it. I am more fortunate to own more than 1 bitcoin so far, but I still feel inadequate and still actively collect bitcoin in 2023. So I expect 2023 to still be a bearish year for us to take advantage of.

Hope you have success in accumulating more Bitcoin by taking advantage of current bear market, which is still struggling to show some early signs of improvement. It is very difficult to predict Bitcoin price with certainly but CPI report released yesterday, suggests that current money tightening policy of FED is producing desired result, this can result in pause in interest rate increase or less harsh increase in 2023, & it can lead to stabilization in all financial markets, including crypto, in coming months.

Bitcoin rallied because CPI fell as expected, I don't know if accumulators like you are happy or sad to see bitcoin rise in price. But for me, my feelings are not very happy. Because if bitcoin goes up too fast, I won't be able to accumulate bitcoin cheaply, accumulating my bitcoin will be very difficult if bitcoin doesn't drop back. But since we've been in a bear market for so long, it's time to warm things up. I can still buy bitcoin at this price, which is still pretty cheap compared to ATH, but I prefer to buy at a lower price.

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January 15, 2023, 10:15:43 AM
 #123

Bitcoin rallied because CPI fell as expected, I don't know if accumulators like you are happy or sad to see bitcoin rise in price. But for me, my feelings are not very happy. Because if bitcoin goes up too fast, I won't be able to accumulate bitcoin cheaply, accumulating my bitcoin will be very difficult if bitcoin doesn't drop back. But since we've been in a bear market for so long, it's time to warm things up. I can still buy bitcoin at this price, which is still pretty cheap compared to ATH, but I prefer to buy at a lower price.

The positive CPI data report that came out is obviously the major thing that catapults the price way up to $21000 because the market has been choppy for a while and we haven't had such price movement since after the FTX collapse but only after CPI data.

I'm happy that we have BTC started to see some recovery from the long time down trend, but would have preferred to see BTC start with a gradual movement towards the upper side than this fast movement that happened yesterday, reason is what goes up fast also comes down fast.
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January 15, 2023, 10:23:57 AM
 #124

Breached 21K today. More cashing out for the Lunar New Year.

What does that even mean and what has it to do with the topic?  Sad
If people are going to cash out the price will for sure not be above 21.000 but it would drop again. In general it seems like more people like to get that 1 Bitcoin this thread is about, since we found some kind of a bottom.
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January 15, 2023, 04:41:27 PM
 #125

Hope you have success in accumulating more Bitcoin by taking advantage of current bear market, which is still struggling to show some early signs of improvement. It is very difficult to predict Bitcoin price with certainly but CPI report released yesterday, suggests that current money tightening policy of FED is producing desired result, this can result in pause in interest rate increase or less harsh increase in 2023, & it can lead to stabilization in all financial markets, including crypto, in coming months.
Do you know about details day or time about CPI report released? I think have bigger impact after this announcing make Bitcoin drop or pump drastically. Can't predictable about Bitcoin will go up or down due CPI report have good news actually with interest rate increase up and down possibility to make Bitcoin price can't stable.

There is a great opportunity for me to make more than 10 bitcoin throughout 2015
Around this years seems easy how to earn Bitcoin due market give us benefit and can earn more than 40% investment profit with Bitcoin. Hope around 2023 above we can earn stable income with Bitcoin and not facing problem having more than 1 Bitcoin.

The CPI report was released on last Thursday, dated, January 12th-2023, which was very positive for the market as inflation is consistently coming down. The details are given in the attached link:

Bitcoin has made two consecutive green candles on weekly chart & also broke psychological barrier of 20K. Its current price is around $21,200. It seems that eventually bulls have taken control of market. If the current bullish trend continues, it is likely to hit 25K by the end of January-23.

https://www.investing.com/economic-calendar/
Lower CPI is a positive signal for the market but not big enough for bitcoin to skyrocket like now, inflation is down but still very high so don't think that's the reason bitcoin spiked to $21k. Bitcoin can rise for no reason because it is a market that is not too dependent on supply and demand and is manipulated.


It is true that lower CPI is not a single reason behind the jump in Bitcoin price of around $2K, which came as surprise for all of us, but I think it was overdue as Bitcoin was in consolidation phase since many months. Some market participants interpreted this sudden rally as bull trap, but technically speaking Bitcoin is now trading above 200 DMA which is a good sign, now it should make few green candles on day chart & stay above 19,500 to confirm bullish trend.

I don't believe in indicators or technical analysis, if people can analyze the price trading above 200 DMA, which is a good signal, then why can no one predict bitcoin's up or down before? Why wait for bitcoin to go up to $21k and start giving analysis and say it's positive? As I said, the market is being manipulated by rich tycoons who can manipulate prices to their will. So enjoy when prices rise and prepare to buy when prices fall.

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January 16, 2023, 06:46:23 AM
 #126

I do not hold 1 bitcoin but sooner than later with the strategy and tactics that I put in place I will attain the goal. If not because of the troubles of the 2022 crypto market crash when I watched my assets dwindle, I could have been real close. But then it is what it is. I am hopeful for myself, bitcoin and the future that I will join the 1 bitcoin club.

Was you strategy trading altcoins so you can use the profits to accumulate Bitcoin. Many people do this and get liquidated in bear markets that's why I'm asking you this question. If you are among those that do this, I just want to encourage you not to give up. Trading altcoins are one do the fastest ways to accumulate as much Bitcoin as you wan.
While many hate on the altcoins, I Just use them as gateway to my goals. Alot of them are worthless but who cares when you aren't investing in them because you believe that can be game changers or something instead you're just taking advantage of their high volatility to acquire more Bitcoin.
In this business of trading, it doesn't really matter what you trade, all you just have to make sure is they have to be easy to sell when you want to exit the market and we have exchanges
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January 16, 2023, 05:50:21 PM
 #127

Currently I think there are many people who are holding on to more than 1 bitcoin. They hold Bitcoin for their future. At least in this market no one is willing to sell Bitcoin as investors know that Bitcoin will continue to grow higher in the near future. But I don't have that much money to invest right now but with the amount of money I have I have collected some amount of bitcoins from the current market. My future plan is to hold Bitcoin for the long term.

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January 16, 2023, 08:49:35 PM
 #128

To have one bitcoin is very easy but the problem or the fact is that you must strategize yourself very well before you can get one bitcoin and before you get one bitcoin many things will be involved in the same that you will monitor the market and know exactly when you will buy for your investment so that you be able to make profit, because I think that those people that have already gotten one Bitcoin started by investing when the price of Bitcoin is low so it is said something or a choice of determination before you can get one BTC

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January 16, 2023, 10:05:30 PM
 #129

Breached 21K today. More cashing out for the Lunar New Year.

What does that even mean and what has it to do with the topic?  Sad
If people are going to cash out the price will for sure not be above 21.000 but it would drop again. In general it seems like more people like to get that 1 Bitcoin this thread is about, since we found some kind of a bottom.
To be frank with you I will tell you that I will not understand exactly what you are saying but I believe that you are making a point or reference point on the increment of Bitcoin so I believe Bitcoin at that point if you could discuss about this is on the process of bearish market but right now it is having a different values

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January 18, 2023, 02:41:21 AM
 #130

Bitcoin rallied because CPI fell as expected, I don't know if accumulators like you are happy or sad to see bitcoin rise in price. But for me, my feelings are not very happy. Because if bitcoin goes up too fast, I won't be able to accumulate bitcoin cheaply, accumulating my bitcoin will be very difficult if bitcoin doesn't drop back. But since we've been in a bear market for so long, it's time to warm things up. I can still buy bitcoin at this price, which is still pretty cheap compared to ATH, but I prefer to buy at a lower price.

The positive CPI data report that came out is obviously the major thing that catapults the price way up to $21000 because the market has been choppy for a while and we haven't had such price movement since after the FTX collapse but only after CPI data.

I'm happy that we have BTC started to see some recovery from the long time down trend, but would have preferred to see BTC start with a gradual movement towards the upper side than this fast movement that happened yesterday, reason is what goes up fast also comes down fast.

Going up fast is not necessarily going down fast, bitcoin does not work according to such a fixed formula, it is also possible that bitcoin will continue to rise or will fall from here, bitcoin is still unpredictable. Bitcoin crossed $21k and I think it could hit $25k before correcting. I still would instead bitcoin fall than start a bull season this year. Let's wait and see how bitcoin will be in the coming days, investing in bitcoin is really exciting when no one can predict it.

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January 19, 2023, 03:25:36 AM
 #131

I hold under 1 BTC at this time.

I have a lot of mining gear worth more than 1 BTC at this time.
If there are mining machines, there will definitely be bitcoins. I hope you will hold more and more coins in 2023.
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January 19, 2023, 10:29:39 AM
 #132

Hello friends
Do you currently have at least 1 bitcoin?
Many people sold their bitcoins after quite a big drop,but i am sure there are people who still hodl a large amount of bitcoins
And i always wonder what motivates those people
Faith,hope,unemotional analytics or the ability to see the future? Cheesy
Please,answer only those who really own at least 1 bitcoin
Thank you

It is not necessary one needs to have up to one bitcoin to be able to hodl. One bitcoin may be too big for some people to get because we are all different financially.  I think what matters is for one to afford some amount of bitcoin according to the level of financial income and hodl it.  The main thing in bitcoin is for one to have patience to hodl it no matter how small or big it is. Amount of bitcoin does not really matter,  but what matter is to get profit from what  one is hodling.

R


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January 27, 2023, 11:07:26 AM
 #133

Currently I think there are many people who are holding on to more than 1 bitcoin. They hold Bitcoin for their future. At least in this market no one is willing to sell Bitcoin as investors know that Bitcoin will continue to grow higher in the near future. But I don't have that much money to invest right now but with the amount of money I have I have collected some amount of bitcoins from the current market. My future plan is to hold Bitcoin for the long term.
You can get the idea from watching the website which lists the percentage of Bitcoin users holding a fixed amount against the number of wallets that hold that amount. It is available on the net for free but keep in mind that many bitcoin rich users keep more than one of wallet.

However this is just a measure and not a point to ponder over. Your target should be to accumulate bitcoin during the bear market and sell during the bill market. Don't be foolish to think that Bitcoin is dead because it is in the red and end up selling at a loss.

R


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January 27, 2023, 11:20:38 AM
 #134

Currently I think there are many people who are holding on to more than 1 bitcoin. They hold Bitcoin for their future. At least in this market no one is willing to sell Bitcoin as investors know that Bitcoin will continue to grow higher in the near future. But I don't have that much money to invest right now but with the amount of money I have I have collected some amount of bitcoins from the current market. My future plan is to hold Bitcoin for the long term.

People keep bitcoin for various reasons, but still the majority for profit, but there are also those who are forced by life circumstances to sell despite the state of the market, of course if you sold in bullish 2021, then in a year you would have four times more bitcoins, but this is not the lot of many.
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January 27, 2023, 12:03:01 PM
 #135

~~~ Amount of bitcoin does not really matter,  but what matter is to get profit from what  one is hodling.

I agree, owning more bitcoins or less bitcoins doesn't matter because we can accumulate over time. The important thing that we need to care about is profit, because when investing, our goal must be profit. If you have few bitcoins, but you can hold them for a long time, sometimes it will generate bigger profits even for people who own a lot of bitcoins for short term investment.

I don't have too many bitcoins, and I am still accumulating, but my luck is buying bitcoins is very cheap, even if I sell now, I will still make a profit. But I decided only to sell when they hit $100k or more.

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January 27, 2023, 01:38:13 PM
 #136

I agree, owning more bitcoins or less bitcoins doesn't matter because we can accumulate over time. The important thing that we need to care about is profit, because when investing, our goal must be profit. If you have few bitcoins, but you can hold them for a long time, sometimes it will generate bigger profits even for people who own a lot of bitcoins for short term investment.

I don't have too many bitcoins, and I am still accumulating, but my luck is buying bitcoins is very cheap, even if I sell now, I will still make a profit. But I decided only to sell when they hit $100k or more.
If I have more than 1 bitcoin in my pocket will not be long term holding and looking opportunity how to earn profit consistency every day, bitcoin can't stable and guarantee will reach higher price until $100,000 based on many people speculation. I just want to earn profit with bitcoin opportunity drop and up every day.

Better earn little profit consistency every day than expected higher price from Bitcoin and waiting more than several years and we miss opportunity for selling bitcoin on higher price, maybe when bitcoin reached all time high above $64,000 many people have huge expectation will reach above $100,000 for sell it, but lately bitcoin have going drop right now under $23,000.

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January 27, 2023, 01:48:30 PM
 #137

Hello friends
Do you currently have at least 1 bitcoin?
Many people sold their bitcoins after quite a big drop,but i am sure there are people who still hodl a large amount of bitcoins
And i always wonder what motivates those people
Faith,hope,unemotional analytics or the ability to see the future? Cheesy
Please,answer only those who really own at least 1 bitcoin
Thank you

    - I have bitcoin but not in that amount of 1 BTC, but I save little by little every week because I believe it is a good long-term investment. It's proven and tested by others, so I know if I'm not doing it wrong to save bitcoin.

I know the savings that I will get here in the future are good, and I also see the importance of bitcoin in this era, to be honest, not only because it is a good opportunity but it also helps a lot to those who believe in it.

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January 29, 2023, 01:47:14 AM
 #138

I agree, owning more bitcoins or less bitcoins doesn't matter because we can accumulate over time. The important thing that we need to care about is profit, because when investing, our goal must be profit. If you have few bitcoins, but you can hold them for a long time, sometimes it will generate bigger profits even for people who own a lot of bitcoins for short term investment.

I don't have too many bitcoins, and I am still accumulating, but my luck is buying bitcoins is very cheap, even if I sell now, I will still make a profit. But I decided only to sell when they hit $100k or more.
If I have more than 1 bitcoin in my pocket will not be long term holding and looking opportunity how to earn profit consistency every day, bitcoin can't stable and guarantee will reach higher price until $100,000 based on many people speculation. I just want to earn profit with bitcoin opportunity drop and up every day.

Better earn little profit consistency every day than expected higher price from Bitcoin and waiting more than several years and we miss opportunity for selling bitcoin on higher price, maybe when bitcoin reached all time high above $64,000 many people have huge expectation will reach above $100,000 for sell it, but lately bitcoin have going drop right now under $23,000.

What you are talking about is trading and trading also doesn't need more than 1 bitcoin to begin. If you feel you have knowledge that can profit from trading then you can even start with $100. People like to hold because they don't have too much knowledge about trading or don't have the time and holding becomes easier. Trading or holding both can make a profit and the profit is more or less up to you, it has nothing to do with long term or short term.

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January 29, 2023, 06:33:31 AM
 #139

Currently I think there are many people who are holding on to more than 1 bitcoin. They hold Bitcoin for their future. At least in this market no one is willing to sell Bitcoin as investors know that Bitcoin will continue to grow higher in the near future. But I don't have that much money to invest right now but with the amount of money I have I have collected some amount of bitcoins from the current market. My future plan is to hold Bitcoin for the long term.
If you're buying Btc at around $23k, I guess that's not best buying price because it's already in the peak where many users got FOMO as we see in the chart. We have to wait till the early buyers sold their Btc so that we can get a discount. However, in a large picture, $23k is still in a discount because Btc has a great future and I'm planning to buy at a very low price.

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January 29, 2023, 08:08:36 AM
 #140

Many people sold their bitcoins after quite a big drop,but i am sure there are people who still hodl a large amount of bitcoins
Selling 1 Bitcoin and then having nothing left in your wallet is a hassle. Unless there are several Bitcoins stored in the wallet and when we sell just 1 with a percentage of profit it is sufficient for me it doesn't matter because the motivation in selling for something very important.

If studied and analyzed further, selling Bitcoin at the current price is not a good decision for those of us who have other income to meet our daily needs because Bitcoin is a future investment that will be profitable.

R


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