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Author Topic: How is your year with bitcoin so far?  (Read 385 times)
JamesBorn (OP)
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March 13, 2023, 09:07:53 PM
 #1

Is rare this day seeing people sharing wonderful happenings in their trades or investment. The downtime is quite disheartened that people barely discuss much of crypto currency. Is your year with bitcoin completely empty or you were able to do America wonders?
As for me nothing is left on my wallets, price going down day was not a healthy type for me. Right from last year I decided that the more the deep the more I increase my investment but to some extent it was choking I could afford to keep reducing on investment pending when the price goes up again, so the year has not be really fulfilling but all hope are not lost.

What about you! How do you succeed your year with bitcoin? Is it good to you or worst kind of time?
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March 14, 2023, 12:30:36 AM
 #2

Pretty similar to previous years regardless of price. ¯\_(ツ)_/¯ Buying regardless of what the price is, but a lot more when extremely bad events occur (like recently).

As for being disheartened — if you're being disheartened when prices drop, maybe you need to curb your expectations. Like, are you actually bullish on bitcoin in a broader sense? Or are you just here solely for the money? Because if it's the latter, you're bound to be disappointed.

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jeraldskie11
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March 14, 2023, 12:55:48 AM
 #3

It is not surprising in such a situation, investors cannot sell their tokens because they will lose money. Because they believe that the price of Bitcoin will return high, they will continue to buy when the price continues to go down. So, there's nothing to worry about mate, you'll make money when the time comes.
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March 14, 2023, 01:55:49 AM
 #4

investing in bitcoin is certainly full of challenges and our must be prepared to lose money.
because if our invest in crypto our have to be prepared for the risks.

I personally don't have much experience in bitcoin and can still be called a beginner, and to this day I continue to collect bitcoins using the DCA system, because I believe that one day the price of bitcoin will be high.
and anyone will surely reap the fruits of their patience in investing in bitcoin,
so keep up the enthusiasm and hold on tight until we get the benefits.
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March 14, 2023, 02:43:45 AM
 #5

What about you! How do you succeed your year with bitcoin? Is it good to you or worst kind of time?
it's not time for us to say success because halving is not yet happen. As we know bullish bitcoin always follow the time of halving, ussually happen in +1. For this time smart people will DCA, step to step, or few by few to buy sat. and will start harvesting in 2025

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March 14, 2023, 02:47:57 AM
 #6

(.....)
What about you! How do you succeed your year with bitcoin? Is it good to you or worst kind of time?
For me, all good. I started to accumulate Bitcoin at the start of this year and I will continue it because this year is the best year for me to accumulate Bitcoin again for my long-term portfolio. Since I am doing dollar-cost-averaging (DCA), overall the average price of my buying price is not underwater Cheesy. So for now, I can say that everything is still on track.

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March 14, 2023, 03:29:25 AM
 #7

Not so different from my previous years but definitely would want to give a lot of new stuff or collect more btc in any means especially the price now is quite low compared to last bull run. Stacking up more would be a good and wise decision to do this year. Plus explore and engage on more knowledge about blockchain and new cool technology.

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Sakanwa
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March 14, 2023, 04:36:33 AM
 #8

Is rare this day seeing people sharing wonderful happenings in their trades or investment. The downtime is quite disheartened that people barely discuss much of crypto currency. Is your year with bitcoin completely empty or you were able to do America wonders?
As for me nothing is left on my wallets, price going down day was not a healthy type for me. Right from last year I decided that the more the deep the more I increase my investment but to some extent it was choking I could afford to keep reducing on investment pending when the price goes up again, so the year has not be really fulfilling but all hope are not lost.

What about you! How do you succeed your year with bitcoin? Is it good to you or worst kind of time?



Initially speaking it not really get worst or better but I believe that it just a matter of time,in life you don't need to rush so you will not end up either lossing or winning, patient is the key to success if only you can came down and bring your brain to study what you are into I don't think you can make it while your mind is on how you can make money out of it only and not think of everything, while my is not too bad or good am just managing but it will be good because this forum thought me how to do the long term investment and I guess it really help so you need to try something different and new if it's going to help.

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March 14, 2023, 06:31:03 AM
 #9

Is rare this day seeing people sharing wonderful happenings in their trades or investment. The downtime is quite disheartened that people barely discuss much of crypto currency. Is your year with bitcoin completely empty or you were able to do America wonders?
As for me nothing is left on my wallets, price going down day was not a healthy type for me. Right from last year I decided that the more the deep the more I increase my investment but to some extent it was choking I could afford to keep reducing on investment pending when the price goes up again, so the year has not be really fulfilling but all hope are not lost.

What about you! How do you succeed your year with bitcoin? Is it good to you or worst kind of time?

Honestly speaking, we did all expects this fall taking long but here we are and there is not going back, investment this period experience a drastic approach though is not easy to see your resources going down by day. It wasn't a good year so far for all of us, let's tell ourselves the truth.

The manner it keeps going down is even scaring, nothing really impressive putting your money again, the saga is too much to bear but let's hope things turn around
Getmon
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March 14, 2023, 07:32:42 AM
 #10

The possibility that the recent uptrend and significant downtrend of the past days are not similar to what will occur in the coming months. Even though we are only in the first quarter of the year, we are still far from the end of the year. Therefore, we should not compare 2023 to the beginning of the year. The individuals who sold their investments during the downtrend do not have sufficient crypto knowledge or preparation. However, an individual with a strict stop loss is unique; some of them were fortunate enough to purchase again at a lower price during the downtrend.

MEGA

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Asuspawer09
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March 14, 2023, 07:35:40 AM
 #11

Is rare this day seeing people sharing wonderful happenings in their trades or investment. The downtime is quite disheartened that people barely discuss much of crypto currency. Is your year with bitcoin completely empty or you were able to do America wonders?
As for me nothing is left on my wallets, price going down day was not a healthy type for me. Right from last year I decided that the more the deep the more I increase my investment but to some extent it was choking I could afford to keep reducing on investment pending when the price goes up again, so the year has not be really fulfilling but all hope are not lost.

What about you! How do you succeed your year with bitcoin? Is it good to you or worst kind of time?

I guess overall I was doing well accumulating bitcoin buying 2 times a month, sometimes I buy more when the market price was down by a small percentage, and probably just a normal buy when the price continue to increase since I will get more profit in the future when I buy more bitcoin especially when the market is down. So I usually increase the volume every time the market continues to go down.

It wasn't a good year compared to the past year since the last time was a bull run I really did well on trading and especially NFTs where I earn a really good amount of profit on flipping, and that gives me enough to hold on to this bear market and probably survive, I just quit my job recently but I can still find ways to earn income and I do save a little bit for my bitcoin investment every time I earn.
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March 14, 2023, 08:44:35 AM
 #12

Well nothing so much is happening. Maybe you might need to take a break from crypto for now, OP since it has been affecting you somehow this year.
As for me, I just leave my "hodling wallet" alone and never make something come out of it from a time being. I might consider just buying more when the savings allow me to do so, but for these days, I am not really buying anything for now.  I am just fine with my holdings.

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March 14, 2023, 09:45:02 AM
Last edit: March 14, 2023, 12:33:31 PM by Outhue
 #13

Is rare this day seeing people sharing wonderful happenings in their trades or investment. The downtime is quite disheartened that people barely discuss much of crypto currency. Is your year with bitcoin completely empty or you were able to do America wonders?
As for me nothing is left on my wallets, price going down day was not a healthy type for me. Right from last year I decided that the more the deep the more I increase my investment but to some extent it was choking I could afford to keep reducing on investment pending when the price goes up again, so the year has not be really fulfilling but all hope are not lost.

What about you! How do you succeed your year with bitcoin? Is it good to you or worst kind of time?
I guess you are looking for something to strengthen your believe in crypto, many members on here don't like sharing their successful crypto story and also, do not forget that we are presently in a bear market, many people are currently finding the next 100x gem for next bull market, and some are struggling financially to at least be able to buy some Bitcoin before this bear market runs out.

OP, the strength you seek is within you, do not rely on the good stories that you want others to talk about, this is not the right time for that, the only success story I have in this bear market is making 10x of my money from a A.I project called Vaiot. Don't lose hope.

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March 14, 2023, 10:17:17 AM
 #14

Well nothing much has changed only that I have been helping myself with little trade, do I call it scalping to keep increasing my percentages while I face the hit with the dip. Most times I noticed that is the best way to successfully sail the bear market than just hold because it pains and hurt deeply seeing your investment or assets decreased without you being able to stop the process since one decided to keep holding.

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March 14, 2023, 10:20:19 AM
 #15

Is rare this day seeing people sharing wonderful happenings in their trades or investment. The downtime is quite disheartened that people barely discuss much of crypto currency. Is your year with bitcoin completely empty or you were able to do America wonders?
~snip~
What about you! How do you succeed your year with bitcoin? Is it good to you or worst kind of time?

Actually, for people who have experienced this kind of phase, they will not be surprised. Because indeed a few years ago this kind of prank also happened. Perhaps the slight difference is, right now is a financially difficult period due to the recession. But with the current situation, everyone can still make a profit with the features of trading services such as margin or futures.
This time is indeed a period that requires quite a lot of patience. I've been through this period da times and I don't think this is bad. But it should be a period that should happen. Right now all you do is be patient and stay disciplined with the strategy you have set.

R


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March 14, 2023, 10:38:56 AM
 #16

I'm still hoping to succeed through bitcoin, so I'm still trying to buy more bitcoins in this downturn.
I can still survive the current bearish situation and I think that soon this bearish moment will be replaced by a bullish market, which will turn the market around.
I think this year can also provide benefits because the market can change, although not much, and it still fluctuates so we can use it to gain that advantage.
And until now, everything is still fine and I also hope we can all survive until the situation changes completely.

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March 14, 2023, 01:58:15 PM
 #17

(.....)
What about you! How do you succeed your year with bitcoin? Is it good to you or worst kind of time?
For me, all good. I started to accumulate Bitcoin at the start of this year and I will continue it because this year is the best year for me to accumulate Bitcoin again for my long-term portfolio. Since I am doing dollar-cost-averaging (DCA), overall the average price of my buying price is not underwater Cheesy. So for now, I can say that everything is still on track.
I like your positive attitude.
Why shed tears over short-term events, right? Well, even if bitcoin portfolio fell in price relative to the dollar, it made it possible to accumulate btc more productively. All the same, as the old forum saying "1 BTC is 1 BTC" goes, no matter how much it costs now in dollars. Temporary phenomena don't matter in the long run. In situations like now, you need to try to see positive opportunities, and not be upset and not worry.

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March 14, 2023, 02:23:55 PM
 #18

The volatile crypto market makes investors unable to sell their assets because they have lost some of their value, holding is a possible solution to save the value of their assets. Price fluctuations have occurred in previous years, Bitcoin is able to survive under any conditions making investors believe in the strength that Bitcoin has. Even though sometimes the price is under pressure, they will buy to wait for the arrival of the Bullsh.

 
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March 14, 2023, 05:16:25 PM
 #19


Bitcoin started the year trading at around $29,000 and rose to an all-time high of nearly $69,000 in November 2021. However, since then, the price has seen some fluctuations and currently hovers around the $55,000-$60,000 range. The overall trend for the year has been positive, with Bitcoin showing significant growth in value.

The factors contributing to Bitcoin's performance this year include increased institutional adoption, mainstream media coverage, and continued interest from individual investors. However, it is worth noting that Bitcoin's price is notoriously volatile, and it can be challenging to predict its future performance with certainty.

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March 14, 2023, 05:40:49 PM
 #20

I hope it's not too much of an exaggeration to say that 2023 is a better year for bitcoin than 2022.
All holders are on a dip throughout 2022 and this year they have good hopes for recovery. I certainly don't find it an exaggeration to say that in recent months the value of my assets has increased compared to a year ago, however I can still expect it to continue to grow and improve further throughout this year and next.

Great opportunities lie ahead to make a profit, but don't ignore the risks. Halving has been everyone's wait, especially for the holders, of course it's a moment that will make them smile because it is expected that ATH can be hit afterwards.

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