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Author Topic: Bitcoin price and my mindset  (Read 975 times)
Wong Gendheng
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May 12, 2023, 02:24:16 AM
 #101

For those who have large amounts of bitcoin, of course the price of bitcoin will be helped almost every day, in 2018 I have bitcoin worth more than $ 20k I check the price at least 3 times a day, there will always be a feeling of fear if the price of drops so that it makes me sell 80% and with I can hold the remaining 20% until the long run and when there is a fantastic increase in 2021 then with $ 3800 to more than $ 30k.
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May 13, 2023, 06:44:48 AM
 #102

BITCOIN PRICE TODAY

Good day house members and chairpeople (moderators) I just feel like telling the house and those who accomplish not know the current price of bitcoin and how much it worth today,  but first I don't know where I should drop the thread and if the thread is not permitted to be here, please someone should help me move it.

The price of bitcoin already shown in the picture at the awning and I know at any time it will be higher than it is now or it will be lower than it is, but if the current price of Bitcoin eventually reduces never sell hold until you are satisfied with the price before selling.

For, I am thinking of opening a business for my wife with the tangible profits I have made from Bitcoin, I would have dropped a picture of my electrum wallet balance but I will not because I don't think is either advisable to do so.
In my opinion, while a tool like Your Bitcoin Mindset can be useful for calculating the price of various assets in Bitcoin, it is important to combine this information with other factors and cultivate a sound investment mindset to make informed investment decisions.

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May 13, 2023, 07:59:31 AM
 #103

BITCOIN PRICE TODAY

Good day house members and chairpeople (moderators) I just feel like telling the house and those who accomplish not know the current price of bitcoin and how much it worth today,  but first I don't know where I should drop the thread and if the thread is not permitted to be here, please someone should help me move it.

The price of bitcoin already shown in the picture at the awning and I know at any time it will be higher than it is now or it will be lower than it is, but if the current price of Bitcoin eventually reduces never sell hold until you are satisfied with the price before selling.

For, I am thinking of opening a business for my wife with the tangible profits I have made from Bitcoin, I would have dropped a picture of my electrum wallet balance but I will not because I don't think is either advisable to do so.
In my opinion, while a tool like Your Bitcoin Mindset can be useful for calculating the price of various assets in Bitcoin, it is important to combine this information with other factors and cultivate a sound investment mindset to make informed investment decisions.
It is true that regardless of the price of bitcoin it is important to develop the right investment mindset in bitcoin. Long term investment will give a good return. One of the benefits of investing in bitcoin is that the investor can profit when the price of bitcoin is high. bitcoin should be considered an uncertain investment and its value can go up and down. Also, there are risks of bitcoin hacking and crashes and should be fully clear before investing.

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Joshapat
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May 26, 2023, 10:27:17 AM
 #104

The price of bitcoin is always dynamic and often makes surprises, it seems that happened with January and March which rose significantly, and in my opinion this is not the last and will happen again, the pump will be easy to do from whales so that many people regret selling at a cheap price.


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Hypnosis00
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May 27, 2023, 05:32:02 AM
 #105

For those who have large amounts of bitcoin, of course the price of bitcoin will be helped almost every day, in 2018 I have bitcoin worth more than $ 20k I check the price at least 3 times a day, there will always be a feeling of fear if the price of drops so that it makes me sell 80% and with I can hold the remaining 20% until the long run and when there is a fantastic increase in 2021 then with $ 3800 to more than $ 30k.
$20k is a huge amount already and such a feeling (worries) is likely to happen especially if you keep checking the market. But if you are a long-term investor, it is not necessary that we have to check the market every day because the more we check and see the up and down of the price, the more we feel something different and it influences the way we respond to the current situation. We should have to trust our invested coin and believe that it will grow a few years from the time we buy them.

R


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May 29, 2023, 02:52:38 PM
 #106

Everyone's hope, of course, wants to see prices continue to rise, unfortunately people just hope without doing anything, when prices go up they regret not buying at low prices, and when prices are low they are afraid to buy again because prices will continue to fall.
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May 29, 2023, 03:34:52 PM
 #107


Good day house members and chairpeople (moderators)
This not a debate hall that you will be greeting people like argumentative essay.
The price of bitcoin already shown in the picture at the awning and I know at any time it will be higher than it is now or it will be lower than it is, but if the current price of Bitcoin eventually reduces never sell hold until you are satisfied with the price before selling.
I believed all the active users in the forum and bitcoin is aware of the price of bitcoin at this time.
For, I am thinking of opening a business for my wife with the tangible profits I have made from Bitcoin, I would have dropped a picture of my electrum wallet balance but I will not because I don't think is either advisable to do so.
Well nobody knows when you started your investment so you know how much profit you have made. If you started your investment when it was $16k then you use it to open a business but if I will advise you should still wait for bitcoin price to go up.
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May 29, 2023, 05:58:05 PM
 #108

For, I am thinking of opening a business for my wife with the tangible profits I have made from Bitcoin, I would have dropped a picture of my electrum wallet balance but I will not because I don't think is either advisable to do so.
Well nobody knows when you started your investment so you know how much profit you have made. If you started your investment when it was $16k then you use it to open a business but if I will advise you should still wait for bitcoin price to go up.
Lol, you do have a good cynical mind, that will make you better in the future, could be money, could be fame, whatever you use it on basically, it will help you out, it will not make you happy of course because a cynical mind is one that looks for everything that is doubtful and search for truth instead of being happy with what is, and look for what could be instead.

That is why I do pity all of us who have it, and it also makes you not being liked all that much neither, people could be around you, but being cynical to all they say would end up hurting you a lot more and will not make you loved by them all, people enjoy others to just approve them and love them. In the end, you are right, and all your answers are correct without a doubt.
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May 29, 2023, 05:58:41 PM
 #109

sometimes they are not impatient but have needs in life that cannot be postponed. you have to believe that everyone believes that the price of bitcoin will continue to increase and bitcoin investment is very profitable but the necessities of life such as economic problems make them forced to sell bitcoin. I haven't found anyone selling bitcoins on the grounds that in the future bitcoins won't have a price, except FUD maker.

Yes exactly that lots of people are facing troubles in life due to their weak economic system therefore they sell their bitcoin so because of this it is necessary to invest little amount but that amount which you don't have need for everyday life. Although future is unpredictable no one has any idea that what will be their economic status in future but one should think and plan for the future.

Certain rules should be follow for the future because if without planning you enter to certain field then success become difficult in that field. If there is no other way to cover the uses then selling bitcoin is not a bad idea because people make investment to be used for future.



 

 

 

 

 

 


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May 29, 2023, 06:29:21 PM
 #110

sometimes they are not impatient but have needs in life that cannot be postponed. you have to believe that everyone believes that the price of bitcoin will continue to increase and bitcoin investment is very profitable but the necessities of life such as economic problems make them forced to sell bitcoin. I haven't found anyone selling bitcoins on the grounds that in the future bitcoins won't have a price, except FUD maker.

Yes exactly that lots of people are facing troubles in life due to their weak economic system therefore they sell their bitcoin so because of this it is necessary to invest little amount but that amount which you don't have need for everyday life. Although future is unpredictable no one has any idea that what will be their economic status in future but one should think and plan for the future.

Certain rules should be follow for the future because if without planning you enter to certain field then success become difficult in that field. If there is no other way to cover the uses then selling bitcoin is not a bad idea because people make investment to be used for future.

In order for a person to reach his future goals, he must overcome the difficulties he is experiencing now. If he has to sell his Bitcoin in the face of a challenge, he should. Life never stops. Bitcoin will always offer us opportunities. If not today, tomorrow or later. Opportunities will always come our way. But let's not forget that we cannot reach tomorrow without living today. What we need to do is sound plans. Solid steps to realize these plans.

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May 30, 2023, 04:50:38 AM
 #111

Yes exactly that lots of people are facing troubles in life due to their weak economic system therefore they sell their bitcoin so because of this it is necessary to invest little amount but that amount which you don't have need for everyday life. Although future is unpredictable no one has any idea that what will be their economic status in future but one should think and plan for the future.

Certain rules should be follow for the future because if without planning you enter to certain field then success become difficult in that field. If there is no other way to cover the uses then selling bitcoin is not a bad idea because people make investment to be used for future.

In order for a person to reach his future goals, he must overcome the difficulties he is experiencing now. If he has to sell his Bitcoin in the face of a challenge, he should. Life never stops. Bitcoin will always offer us opportunities. If not today, tomorrow or later. Opportunities will always come our way. But let's not forget that we cannot reach tomorrow without living today. What we need to do is sound plans. Solid steps to realize these plans.
Difficulties in life can befall anyone without predicting when these problems will come. But every problem must have a solution, including overcoming life's difficulties, a firm attitude is very helpful in stabilizing finances, including selling Bitcoin.
When the difficulties of life are overcome, the mind returns to work normally. You can carry on with your normal life including getting Bitcoin back. A good plan always leaves positive results, never be afraid to sell assets that are considered the most valuable to get out of life's difficulties. All of that can be recovered when finances are stable again.

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May 30, 2023, 05:41:50 AM
 #112

sometimes they are not impatient but have needs in life that cannot be postponed. you have to believe that everyone believes that the price of bitcoin will continue to increase and bitcoin investment is very profitable but the necessities of life such as economic problems make them forced to sell bitcoin. I haven't found anyone selling bitcoins on the grounds that in the future bitcoins won't have a price, except FUD maker.

Yes exactly that lots of people are facing troubles in life due to their weak economic system therefore they sell their bitcoin so because of this it is necessary to invest little amount but that amount which you don't have need for everyday life. Although future is unpredictable no one has any idea that what will be their economic status in future but one should think and plan for the future.

Certain rules should be follow for the future because if without planning you enter to certain field then success become difficult in that field. If there is no other way to cover the uses then selling bitcoin is not a bad idea because people make investment to be used for future.

In order for a person to reach his future goals, he must overcome the difficulties he is experiencing now. If he has to sell his Bitcoin in the face of a challenge, he should. Life never stops. Bitcoin will always offer us opportunities. If not today, tomorrow or later. Opportunities will always come our way. But let's not forget that we cannot reach tomorrow without living today. What we need to do is sound plans. Solid steps to realize these plans.
but sometimes a person also doesn't understand life,
he has made a profit from bitcoin but never sells it and ends up being bullish then the dump happens and doesn't get any results,
indeed a strategy is very important for us to do when investing, especially with a high level of risk like cryptocurrency.



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Paul Pogba
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May 31, 2023, 01:20:10 PM
 #113

If we look at the current market situation, of course I will make bitcoin a long-term investment or at least another year when the halving day occurs, I'm sure early 2024 will explode because the halving will occur in March so ATH will occur again in February or March.
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June 01, 2023, 01:23:15 PM
 #114

In order for a person to reach his future goals, he must overcome the difficulties he is experiencing now. If he has to sell his Bitcoin in the face of a challenge, he should. Life never stops. Bitcoin will always offer us opportunities. If not today, tomorrow or later. Opportunities will always come our way. But let's not forget that we cannot reach tomorrow without living today. What we need to do is sound plans. Solid steps to realize these plans.
but sometimes a person also doesn't understand life,
he has made a profit from bitcoin but never sells it and ends up being bullish then the dump happens and doesn't get any results,
indeed a strategy is very important for us to do when investing, especially with a high level of risk like cryptocurrency.
I think I would prefer to be that guy. Because if I buy a lot of bitcoin and become wealthy but do not sell so it dumps, then all I have to do is wait, there is a recovery there and the potential to be wealthy again still is there. Which is why waiting and then losing after that is not really an issue unless you sell.

Obviously if you sell and get out then you are going to be doing a lot worse and I would suggest not doing that, it would be smarter if people just ended up spending some time buying a bit earlier and selling a bit later. I know that too many people sell when it goes down, but they shouldn't, just wait and it will recover and when it does you can sell and get richer again, would make sense that way and it is not something to regret.

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June 02, 2023, 11:00:10 AM
 #115

I think I would prefer to be that guy. Because if I buy a lot of bitcoin and become wealthy but do not sell so it dumps, then all I have to do is wait, there is a recovery there and the potential to be wealthy again still is there. Which is why waiting and then losing after that is not really an issue unless you sell.

Obviously if you sell and get out then you are going to be doing a lot worse and I would suggest not doing that, it would be smarter if people just ended up spending some time buying a bit earlier and selling a bit later. I know that too many people sell when it goes down, but they shouldn't, just wait and it will recover and when it does you can sell and get richer again, would make sense that way and it is not something to regret.
Everyone would prefer whatever is richer than they are currently, but I believe that we should be looking into what we can be doing and not what would be good in a made up scenario.

I know myself, if I ended up buying at high, and it drops, I would do DCA, I know this because it has happened before, during this dump from 60k+ price, I started to buy at 40k and been buying ever since, bought from 40k at top to lowest 16.5k as well, so I do think that it is fine. Unfortunately after series of events I have not much, got a bit recently thanks to my boss, but in the end I know that it is a good period to be on. Do what feels right to you, forget about what others are saying, and just think of what you would do and how you would feel about doing that.

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June 02, 2023, 02:36:45 PM
 #116

Good day house members and chairpeople (moderators) I just feel like telling the house and those who accomplish not know the current price of bitcoin and how much it worth today,  but first I don't know where I should drop the thread and if the thread is not permitted to be here, please someone should help me move it.

The price of bitcoin already shown in the picture at the awning and I know at any time it will be higher than it is now or it will be lower than it is, but if the current price of Bitcoin eventually reduces never sell hold until you are satisfied with the price before selling.
Bitcoin price will always have a direction either it goes  up or down and the profit level of anyone depends at what price he might have bought. Wether the price falls we all know that it would at some point rise which is why so many investors are so determined on holding and with the expected bitcoin halving that's to take place so many investors don't really see the selling of their coin as good decision right now.
Quote

For, I am thinking of opening a business for my wife with the tangible profits I have made from Bitcoin,  
It's good to always diversify our investments multiplying our sources of income as it puts you on a safer angle to fellow that is dependent on a single  source of profit. As you take your profit to open a business for your wife make sure the business is a lucrative one that your wife also have passion for, because it's one thing to open a business another thing is to run it well that it yield good profits.


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June 05, 2023, 01:18:53 AM
 #117

sometimes they are not impatient but have needs in life that cannot be postponed. you have to believe that everyone believes that the price of bitcoin will continue to increase and bitcoin investment is very profitable but the necessities of life such as economic problems make them forced to sell bitcoin. I haven't found anyone selling bitcoins on the grounds that in the future bitcoins won't have a price, except FUD maker.

Yes exactly that lots of people are facing troubles in life due to their weak economic system therefore they sell their bitcoin so because of this it is necessary to invest little amount but that amount which you don't have need for everyday life. Although future is unpredictable no one has any idea that what will be their economic status in future but one should think and plan for the future.

Certain rules should be follow for the future because if without planning you enter to certain field then success become difficult in that field. If there is no other way to cover the uses then selling bitcoin is not a bad idea because people make investment to be used for future.

In order for a person to reach his future goals, he must overcome the difficulties he is experiencing now. If he has to sell his Bitcoin in the face of a challenge, he should. Life never stops. Bitcoin will always offer us opportunities. If not today, tomorrow or later. Opportunities will always come our way. But let's not forget that we cannot reach tomorrow without living today. What we need to do is sound plans. Solid steps to realize these plans.
but sometimes a person also doesn't understand life,
he has made a profit from bitcoin but never sells it and ends up being bullish then the dump happens and doesn't get any results,
indeed a strategy is very important for us to do when investing, especially with a high level of risk like cryptocurrency.
If you are considered to be a HODLER then you will never fail expecting from the fruits of your investment  and strategy? HODL Iis one of the best that crypto investors has and if  you don’t consider this then you are not familiar in crypto investments.
If you cannot risk in crypto  then never invest this market

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June 05, 2023, 02:57:47 AM
 #118

If we look at the current market situation, of course I will make bitcoin a long-term investment or at least another year when the halving day occurs, I'm sure early 2024 will explode because the halving will occur in March so ATH will occur again in February or March.

Regardless of what the date is, others says it will be April or even May, but as you have said, as a long term investor, even if the current market conditions is not that good, we still need to stay with the market through thick and thin. What I mean is that we should learn how to take advantage, if the market is down then we should buy more.

Or the best strategy? Just do DCA till the halving, we still have at least a year to accumulate and fatten our wallet. I think at the end of the year we might see a good bounce around $40k. But still we are not going to sell, we will have to wait like 2024-2025 massive bull run because the chances are high to hit another all time high.
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June 05, 2023, 06:04:07 AM
 #119

If we look at the current market situation, of course I will make bitcoin a long-term investment or at least another year when the halving day occurs, I'm sure early 2024 will explode because the halving will occur in March so ATH will occur again in February or March.
You are speculating baselessly and really beyond my reasoning, so it makes me want to know how you will predict the future by guessing ATH and halving on Bitcoin in the next year? Because I don't think you have the magic to see this from now on and one more thing is that long-term investment is not only for a year, because for me a year's investment is an ordinary investment whose duration is very short and now try to express fantasy you are more logical about ATH and halving.

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June 05, 2023, 08:06:08 AM
 #120

Using your real Bitcoin profits to open a business for your wife is a real endeavor. To share a picture of your electrum wallet balance, it may not be advisable to do so for security reasons and given the current state of the market it is a good idea to prioritize caution and make an informed decision as we navigate the Bitcoin market.

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