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Author Topic: Who else have my kind of mindset for Bitcoin 2023  (Read 553 times)
Ojima-ojo (OP)
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January 28, 2023, 03:25:18 PM
 #1

Bitcoin have show quite a lot of traction lately even though there have been many challenges in the past few months in 2022, the the year 2023 have been filled some exciting chart outlook where Bitcoin shown a lot of green signal of more demand compare to the red negative chart that flood the chart through out last year.

WHAT IS YOU CURRENT BTC MINDSET:
2023 is the year I found my confidence in bitcoin as I have not check the price of Bitcoin for the past 80 hours, since I am now fully into long term holding giving myself, a timeframe of 2-3 years before looking back on the price but what I will do is to accumulate more Bitcoin as chances present itself.

Who else have my kind of mindset let discussed welcome to the future Bitcoin holders!

R


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mk4
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January 28, 2023, 03:30:22 PM
 #2

Well, yea. What your "mindset" is — pretty much investing for the long term(which what investing in general should be in the first place), is pretty much what's being heavily encouraged here on Bitcointalk.

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January 28, 2023, 03:59:04 PM
 #3

2023 is the year I found my confidence in bitcoin as I have not check the price of Bitcoin for the past 80 hours, since I am now fully into long term holding giving myself, a timeframe of 2-3 years before looking back on the price but what I will do is to accumulate more Bitcoin as chances present itself.

Who else have my kind of mindset let discussed welcome to the future Bitcoin holders!
It can be too early to judge, It may have been a peaceful 80 hours, there will be some days when the news about bitcoins will not be good and the price will be affected, the news will be everywhere, it will be difficult for you to avoid. The temptation to check the price of bitcoins and the amount you have in your wallet will be there.

It is not just about checking the price or not, you have to just discipline yourself that even if you check the price, you will be able to control yourself and defeat the urge to stop HODLing. That is a better mindset for the year for me.

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EarnOnVictor
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January 28, 2023, 04:02:19 PM
 #4

Bitcoin have show quite a lot of traction lately even though there have been many challenges in the past few months in 2022, the the year 2023 have been filled some exciting chart outlook where Bitcoin shown a lot of green signal of more demand compare to the red negative chart that flood the chart through out last year.

WHAT IS YOU CURRENT BTC MINDSET:
2023 is the year I found my confidence in bitcoin as I have not check the price of Bitcoin for the past 80 hours, since I am now fully into long term holding giving myself, a timeframe of 2-3 years before looking back on the price but what I will do is to accumulate more Bitcoin as chances present itself.

Who else have my kind of mindset let discussed welcome to the future Bitcoin holders!
2022 was not the year for Bitcoin, it managed to slow down the fall later but selling from the peak of about $48,000 to the bottom of about $15,500 was tough for the coin. And in 2023, I see a coin that will conclude all its activities within the level as well, and if it would make a breakout at all, it's probably going to be on the downside.

But for now, the bias is bullish for as long as it would last. By the way, buying and holding from the beginning of this year is a very good deal, it means that you have bought at a low price, and you can safely hold it as long as you want. Nonetheless, if I were you, almost 2 years (1.9 years will be perfect) of holding would do just fine. Who knows what it would do after halving's bullish run?
 

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January 28, 2023, 04:47:27 PM
 #5

Bitcoin have show quite a lot of traction lately even though there have been many challenges in the past few months in 2022, the the year 2023 have been filled some exciting chart outlook where Bitcoin shown a lot of green signal of more demand compare to the red negative chart that flood the chart through out last year.

Every year is good for Bitcoin, it just depends if you are a beginner who wants to buy as cheap as possible, or if you are someone who bought in the past and wants to sell at a higher price. What is always wrong is to be under the impression that this will be a good year because the beginning is good, although there is a saying that the day is known by how good the morning was Smiley

WHAT IS YOU CURRENT BTC MINDSET:
2023 is the year I found my confidence in bitcoin as I have not check the price of Bitcoin for the past 80 hours, since I am now fully into long term holding giving myself, a timeframe of 2-3 years before looking back on the price but what I will do is to accumulate more Bitcoin as chances present itself.

Your mindset should have nothing to do with such insignificant things as whether you will look at the price of BTC today once or ten times as if it has anything to do with whether you think Bitcoin is good or bad at some point. If you didn't look at the price in the next 2-3 years to know when is the right time to sell (assuming that's your goal), how would you choose the right moment to take profit?

Imagine a situation where you don't look at the price for 3 years, and then you realize that we are in a bear market again Roll Eyes

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January 28, 2023, 04:53:20 PM
 #6

Beginning in 2023, Bitcoin must demonstrate its ability to be credible. Really, I hadn't anticipated this pump. Although there are not many positive vibes at the moment, Bitcoin has been growing. I believed it to be a whale bull trap. But it appears that the chart is still very powerful. I believe all the chart needs is a single, big piece of good news. Despite the lack of expectations, there haven't been many negative stories lately. If there is no incident, a dump is not expected anytime soon. $22K appears to be the current support level and is being clutched tightly. I think Bitcoin is getting ready for a bull as of the starting surge.

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January 28, 2023, 05:01:34 PM
 #7

The mindset I have in this new year 2023 is to be more focus on the crypto market so that I will be using every opportunity to purchase Bitcoin and other cryptocurrencies and hold for like two to three years before I will sell them to win something big. Since Bitcoin price was dump through out last year 2022 , I think it will pump very well before the end of this year which will help many that will exercise patience with their holding for the price to pump higher.

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January 28, 2023, 05:20:34 PM
 #8

WHAT IS YOU CURRENT BTC MINDSET:
2023 is the year I found my confidence in bitcoin as I have not check the price of Bitcoin for the past 80 hours, since I am now fully into long term holding giving myself, a timeframe of 2-3 years before looking back on the price but what I will do is to accumulate more Bitcoin as chances present itself.

Who else have my kind of mindset let discussed welcome to the future Bitcoin holders!
It doesn't matter when you start and how much you invest. But it's impossible if you don't know the price movement and decide not to look at it for years. Because you need information and this will obviously refer to the price of Bitcoin, so if you want to start then start by entering the bear market when it arrives.

2023 can be said to be the ideal time for beginners to start, but if you look at the next halving, are you ready to hold on? that's what needs to be emphasized. Not everyone succeeds in long-term holding, many fail because of urgent need. And as a long-term investor, things like that need to be considered carefully.

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January 28, 2023, 05:27:08 PM
 #9

My mindset for Bitcoin in 2023 keep re investing in Bitcoin until touch higher price above $40,000, I don't stop for investing my assets in daily day with few dollar in Bitcoin and hold it until bitcoin reach higher price. There are nothing in my mindset except how effective investing for Bitcoin in 2023.

I think 2023 become ideal time for bitcoin recovering to higher price and still not late for reinvesting and have lower price become opportunity for getting profit later, I don't care about how many time bad news with exchange market scam because I use cold wallet for holding my Bitcoin assets. Middle years in 2023 become time for harvesting with Bitcoin will grow up to higher price, possibility above $40,000 until have chance make new all time high price.

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January 28, 2023, 05:41:27 PM
 #10

WHAT IS YOU CURRENT BTC MINDSET:
2023 is the year I found my confidence in bitcoin as I have not check the price of Bitcoin for the past 80 hours, since I am now fully into long term holding giving myself, a timeframe of 2-3 years before looking back on the price but what I will do is to accumulate more Bitcoin as chances present itself.

Who else have my kind of mindset let discussed welcome to the future Bitcoin holders!

This is a bit too early to conclude. We are just on the first month of 2023 and it’s normal to experience this kind of rally since the price went down a lot since lost year for multiple consecutive months. You should use a monthly time frame to determine the general overview of crypto market. You will notice that the current month is the first positive strong movement after multiple months of dumping and low volume trading.

WHAT IS YOU CURRENT BTC MINDSET:
2023 is the year I found my confidence in bitcoin as I have not check the price of Bitcoin for the past 80 hours, since I am now fully into long term holding giving myself, a timeframe of 2-3 years before looking back on the price but what I will do is to accumulate more Bitcoin as chances present itself.

Who else have my kind of mindset let discussed welcome to the future Bitcoin holders!

This same on last year. You can see that Bitcoin manage to have price recovery during February and March after experiencing huge dump from Nov 2021 to January 2022. Price always recover short term after the huge dump then possibly continue to go down further. My strategy is to watch carefully on the price and make sure that I’m not buying on the price that will big time later. I’m currently doing DCA every week but I’m always taking profit too the moment the price moves and gave me a short term gain. I’m currently using x2 to x3 leverage trading to have a decent profit for a minimal move since I’m still convince that this is mega bull run. I will keep doing this short term trade until the price gets to 30K level and above then I will do the power hold.

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January 28, 2023, 05:52:29 PM
 #11

2023 has come to renew our hopes after a harsh year that was 2022. I believe 2023 is a year of preparations for something big that is about to happen soon, boosting crypto market to fresh levels never seen before in history. It might be a final test for investors where only those who don't give up on their optimism will remain on the game. The market and especially the whales are testing us all the time, playing with our emotions and sentiments. This year it shouldn't be different. All we have to do is to keep strong in our purpose of holding bitcoin, doesn't matter how difficult it looks momentarily. Remember the transition to a new cycle of prosperity must be near!

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January 28, 2023, 06:04:57 PM
 #12

Bitcoin have show quite a lot of traction lately even though there have been many challenges in the past few months in 2022, the the year 2023 have been filled some exciting chart outlook where Bitcoin shown a lot of green signal of more demand compare to the red negative chart that flood the chart through out last year.

WHAT IS YOU CURRENT BTC MINDSET:
2023 is the year I found my confidence in bitcoin as I have not check the price of Bitcoin for the past 80 hours, since I am now fully into long term holding giving myself, a timeframe of 2-3 years before looking back on the price but what I will do is to accumulate more Bitcoin as chances present itself.

Who else have my kind of mindset let discussed welcome to the future Bitcoin holders!
Hi brother as for as I am concerned I will say that Bitcoin might cross above 32000 dollars in coming weeks and still there is no guarantee about that. And that is just my speculations.
Because in 2023 we are seeing that Inflation rates in USA are very very less and also there have rumors that we might see many more improvements over coming weeks too. And also I have opened my Bitcoin trade at almost 16800 dollars and still keeping it.

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January 28, 2023, 06:05:25 PM
 #13

Do DCA as much as you can, do it and keep doing it until you really manage to collect it in large quantities. You and anyone here will be driven to invest for the long term, this mindset should be very common. When you think that in the future bitcoin can make you make lot of profit, then think about the quantity. It's good plan, but you also need to manage your finances well without disturbing one thing or another.

I have been a holder so far even though I don't have much. That will mean a lot when the price gets higher, and yes I really hope to be able to hold onto it long term. But up to certain point, I also need to sell it depending on my financial needs.

.
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January 28, 2023, 07:46:28 PM
 #14


WHAT IS YOU CURRENT BTC MINDSET:
2023 is the year I found my confidence in bitcoin as I have not check the price of Bitcoin for the past 80 hours, since I am now fully into long term holding giving myself, a timeframe of 2-3 years before looking back on the price but what I will do is to accumulate more Bitcoin as chances present itself.

Who else have my kind of mindset let discussed welcome to the future Bitcoin holders!

I don't think I can do without checking the price of bitcoin. I don't know if it's an addiction or it is normal. Even when I am investing for a long term purpose I can't just live complete a day without checking bitcoin price.
Even if it is not for my investment, but for the general well being of the market I always care about the Bitcoin price and I check it as often as I have my mobile phone that is internet enabled.

R


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January 28, 2023, 08:16:05 PM
 #15

I’m a p2p trader so I can’t get away with that. It’s part of my job to stay updated with the price of bitcoins and other cryptocurrencies. This doesn’t have my hodl mentality, I don’t see the need of checking my personal wallet since I’m not taking the bitcoins out anytime soon. For day traders, they are more concerned about the short gains they can scalp from the little highs and lows. A long term investor shouldn’t be anxious about bitcoin prices.
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January 28, 2023, 08:21:53 PM
 #16

Well it depends on when you joined crypto-currency. Well there are many people that joined Crypto-currency along time ago and believed in crypto-currency.

Well my mind set for bitcoin this year remains high as always, I think if the bull run doesn’t come this year it would definitely be in 2024 and that’s because of the up coming halving.
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January 28, 2023, 08:28:03 PM
 #17

Something I do not recommend is forgetting entirely about your investments for a particular amount of time.

Things are moving fast.  Some events are extremely important and have a massive effect on your investment if you are not there at the right time.  Keep yourself updated with all news about your assets and keep an eye on them.  But do not despair and do not obsessively, constantly check prices.  This is the healthiest approach.

If you are too obsessed, you only lose time, stress out unnecessarily and eventually maybe even make decisions you may later regret.  If you are too lax, you may miss some crucial news.  Find a balance.

-
Regards,
PrivacyG

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January 28, 2023, 09:10:39 PM
 #18

Everyone has their own mindset, perception or a viewpoint on an issue. Bitcoin last was a favour to some people while a bad Omen to some but all the same. Because in any business there much be a loser and a winner. Those who bought last year will smile this year while those who sell last year who be grumbling. This year is not the real year everyone is waiting but 2924 and 2025 are the main years the prediction lay hand. This year 2023 is still a year of hodling. As for me this year is still a year of buying and not selling if there is other alternative for billings

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January 28, 2023, 09:44:46 PM
 #19

~snip~

WHAT IS YOU CURRENT BTC MINDSET:
2023 is the year I found my confidence in bitcoin as I have not check the price of Bitcoin for the past 80 hours, since I am now fully into long term holding giving myself, a timeframe of 2-3 years before looking back on the price but what I will do is to accumulate more Bitcoin as chances present itself.

Who else have my kind of mindset let discussed welcome to the future Bitcoin holders!
^Being a positive mindset that BTC price will hit another ATH this year.
The resistance of BTC seems to continue this year, remember that next year supposedly there is a next halving to the BTC which makes a good result for BTC after another year which are we noticed every time there is a next halving the price. So this year 2023 could be a good step and it is wise if you invest last month but I think until now it is not too late for that. Just think positively of the BTC price, hold as long as you can and receive a better reward in the future.
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January 28, 2023, 09:45:26 PM
 #20

I’m a p2p trader so I can’t get away with that. It’s part of my job to stay updated with the price of bitcoins and other cryptocurrencies. This doesn’t have my hodl mentality, I don’t see the need of checking my personal wallet since I’m not taking the bitcoins out anytime soon. For day traders, they are more concerned about the short gains they can scalp from the little highs and lows. A long term investor shouldn’t be anxious about bitcoin prices.
You are right as a trader you must be constantly in touch with the price and that is the only way to monitor your a position to see when to take profits, but in my own case, I am not a trader but a bitcoin holder who is just in for steady accumulation of Bitcoin so it can become frustrating to steadily watch the price chart for me.

Avoiding anxiousness as a holder is the best form of mindset and to do that, there must be a total break from the price until the time frame set for the investment is reached.

R


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