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Author Topic: Who else have my kind of mindset for Bitcoin 2023  (Read 541 times)
Xampeuu
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January 30, 2023, 02:24:24 AM
 #41

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.
(....)
I'm not that really confidence in Bitcoin for the year 2023. Since 2024 the bitcoin block halving. That's the year I am more excited.
I will not kill your confidence, but I am only confidence for the year 2023 is the last quarter of it or a few months before 2024 as the Bitcoin block halving is the most awaited event for me on Bitcoin.
if I am more confident in holding bitcoin, in 2023 or 2024 or so on, I am still confident to keep holding it until I get the profit that I have targeted in stages. there is nothing wrong in predicting, but we must remember that it can happen and our analysis is wrong, so we are not at the end of our hopes, by making a cut loss, because this is BTC which is the safest coin to invest. but indeed, if you look at the current market, it is green and gives us a little big hope, but what we don't know is that this phenomenon is a correction or the beginning of a revival

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January 30, 2023, 02:26:47 AM
 #42

All the user of the forum really thinking on investing and Holding it for long term as bitcoin price is promising. Also my current mindset is that i would buy bitcoin even small and accumulate this overtime as long as i have extra money since we see the chart right now that it is breaking  its resistance and i am hoping it will break in this following days.
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January 30, 2023, 06:58:11 AM
 #43

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!

Wow, 80 hours without looking at the Bitcoin price  Cheesy That sounds like an addiction...  Grin

In a couple of years we will have passed another halving and Central Banks will be able to hold up to 2% of Bitcoin in their reserves.

That's going to be massive, 2025 will definitely be an exciting year for Bitcoin. And that's only a couple of years away.

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January 30, 2023, 07:45:08 AM
 #44

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!

My mindset is very similar to yours, I invest for the long term and don't worry about the short term price movement. I am not sure how often you used to trade and if you want to take a step back then not checking prices every few hours is a good idea. Every morning I check the bitcoin price to see how the market did in the last day, but this is only informative for me and I don't feel any urge to trade my coins. As long as the bitcoin price is not going back down to 1 USD everything is fine in my opinion. We are seeing a recovery in the market as people are more optimistic for 2023 than they were for 2022. For me the biggest factors is going to be the halving in 2024, before that price will rise again much higher. Anybody who missed out buying new coins around the 16,000 USD level can try and wait, hoping prices will go down again. But there is no real guarantee for bitcoins to drop below that level. I would recommend to buy some coins now and just forget about them for a year.
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January 30, 2023, 08:27:38 AM
 #45

It's not just your mindset which matter, we have a lot of panicky weak hands in the world majority of which are outside this forum and hence you are a one man army and besides everyone single person has their own needs and expenditure which might need selling of held assets.

Also it is not a single year that should give you confidence for a bull market, it should be everyday and it is also a long term confidence. Remember that both bear and bull markets have their seperate importance and we must see both to become a seasoned trader.

While you can hold you must also sell at the bull market and trap the profit. Cry

R


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January 30, 2023, 09:21:16 AM
Merited by fillippone (2)
 #46

Everyone who invests for the long term in bitcoin must almost have the same thought as you OP. However, everyone's accumulation method in buying bitcoin is of course different. Perhaps DCA has now become popular for long term investors to do. And combining with Averago Down when there is a decline will be more effective. Because the average purchase price will be cheaper.

And I'm pretty sure that those of us who have done DCA since bitcoin price in the 16k USD area would have the same smile today. But surely there are those of us who still expect Bitcoin to experience a correction first before continuing the bullish trend. i.e. those who want to buy more from the bottom price. But for users of the DCA strategy, they will remain comfortable at any price Bitcoin. because they only focus on routine purchases.

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January 30, 2023, 09:39:54 AM
 #47

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!
It is good that 2023 has eventually given you the confidence mindset towards Bitcoin but does this mean you never had confidence in BTCitcoin? A true believer of Bitcoin will even see the past year's Bear trend as the Biggest opportunity to have accumulated instead of waiting for it to gain about $7k+ from the seemingly bottom of $15k+ before seeing this opportunity which we could have taken advantage of back then and hope the next bear season is not going to be a downer again  Wink this said, BTCitcoin investors should always see the long term rather than the present market position.
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January 30, 2023, 09:58:45 AM
Merited by Agbe (2)
 #48

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.

All what happened in 2022 was expected, Bitcoin bull market peaked in 2021 and usually what follows the peak of Bitcoin is a huge dump all through the year and it happens two years after the Bitcoin halving. If you look back at history, same thing happened in 2018. Immediate the deceased in price started happening, it was obvious we're on a bear market but many moon boys didn't believe and that's why they were left in disbelieve.
To understand Bitcoin price movement, just study its history as all that's happening now have happened before. Bitcoin basically repeat itself every four years cycle.
2023 will be a repeat of what 2019 was, if you're new to the market, go study what happened with the price of Bitcoin with in that year and you can stay ahead of others in the market and take good position whether to sell and wait to buy or buy more and hold.

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February 01, 2023, 10:43:57 PM
 #49

It is good you have made up your mind to accomplishing such task as you  have set for yourself. Holding for a long time is a good decision for which I commend you for that. Not every one can be able to hold and not look at bitcoin price for a day. Looking at bitcoin price is now an addiction for some people as they can not do without it for a while but traders are not exempted from this because they would need to constantly be looking at the price from time to time so as not to miss out from the market at any point in time.
I do not think I can be able to stay a day without having a view of the bitcoin price in knowing whether it is doing fine or not. I am not just comfortable with it.

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February 03, 2023, 08:20:12 PM
 #50

What you have in your mind is different from other. When we come the price and prediction of BTC, everyone has their own view on the subject matter. OP your mindset in the subject matter of 2023 I'd different from the content of hodling 2-3 years. Therefore from the way see at it you don't have any mindset in 2023 but your mindset is for hodling for a long period of time/long years.

As for me, my mindset in 2023 is still to hodle it till to see the peak of the whole matter of the ALL TIME HIGH (ATH).  And that might be in the year 2024 to 2025. This year 2023, bitcoin will not be bad as last year.

Let us Enjoy The HODLING

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