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Author Topic: I still believe I am on the right path  (Read 799 times)
Agbe
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March 28, 2023, 02:03:58 PM
 #41

Even if I have bought some bitcoin a few days after the launch day, there is a 99% chances that I would have sold the Bitcoin, the enemies of holding Bitcoin for a newbie is

1. Market manipulators
2. My own psychology

Market manipulators must have made me want to wet my pants, in the past years there are many FUD about Bitcoin, calling it another bubble, this could have made me give up.

We all have our demons too, I could have listened to them, saying, sell, sell, sell, you dummy, this thing is going to die and you will lose all your capital.

I believe it's a good thing to have grown with Bitcoin all this past years and have grown the confidence to hold through any weather, Bitcoin have proven itself to be the best solution to decentralization.

Now I don't hear my demons trying to confuse me to sell, I was there once, I knew how it felt to believe in something you don't have trust in, today I've made up my mind, to always be with Bitcoin.

You are not too late, you just find the reason to keep supporting Bitcoin, to keep holding your Bitcoin bag. My confidence in Bitcoin is now 100%.
Op your enemies are two important group of people. One from your friends outside and the other is from your siblings. The market manipulators are the ones also doing it for you and for others favour. Because as they are manipulating the market either to high or low. When the market low, people use that opportunity to buy more coin and sell it when the price goes up. So it favour at all levels. The second enemy you mentioned is not really a enemy of your but lack of awareness made you to sold off your precious coins. Hodling bitcoin is one of the best things you are to do in this world if you have the Fiat to obtain as many you can .
Gladitorcomeback
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March 28, 2023, 03:10:51 PM
 #42


Market manipulators must have made me want to wet my pants, in the past years there are many FUD about Bitcoin, calling it another bubble, this could have made me give up.

We all have our demons too, I could have listened to them, saying, sell, sell, sell, you dummy, this thing is going to die and you will lose all your capital.
This is biggest problem in new technology. whenever new things entered in the market we have seen many people against it. when internet launch , many countries was against and similarly BTC was opposed si much at the start and it was called scam also but history proved that btc is one of the biggest revolution which fulfill the need of all drawback which traditional bank faced. many people sold btc because of these kind of fund and only diamond hand will be now enjoying real profit.

Quote

Now I don't hear my demons trying to confuse me to sell, I was there once, I knew how it felt to believe in something you don't have trust in, today I've made up my mind, to always be with Bitcoin.

You are not too late, you just find the reason to keep supporting Bitcoin, to keep holding your Bitcoin bag. My confidence in Bitcoin is now 100%.
Btc holding is not so easy because there is so much fluctuation in the price of btc. its better to buy btc and then forgot it for two or three year. Many people watching portfolio daily which is very bad for holding and market fluctuation will not let you to hold for long time.

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March 28, 2023, 03:13:27 PM
 #43

It's good if you are now determined to keep holding on to your bitcoins and not sell them when the bitcoin price hasn't skyrocketed.
You don't have to react to the market and even if the price goes down to the price right now, it's an opportunity for you to buy more bitcoins.
These moments will surely end sooner or later, so you don't need to worry if the market is still in this condition.
You are only preparing yourself for the arrival of the bull run by accumulating more bitcoins so that later your profits will be even bigger.

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March 28, 2023, 03:18:01 PM
 #44

You are not too late, you just find the reason to keep supporting Bitcoin, to keep holding your Bitcoin bag. My confidence in Bitcoin is now 100%.
You are not 100% to bitcoin if you don't have 100% custody of your bitcoin. If you are still entrusting a centralized exchange to store all your investments, then I think you should quickly move them to a wallet that you have complete control over. Consider these suggestions to give you more confidence that in the long term your bitcoin are safe under your own control rather than that of an exchange or other third party.

Use the exchange sparingly and withdraw your funds to wallet that you fully control if you are not actively trading with it. This means you can minimize risk when you have full custody of your investment.

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FahriZah
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March 28, 2023, 04:16:23 PM
 #45

I Have Still Many Confident About BTC Market And I Believe I,m On The Right Way In The Path But Still Now So Many People’s Now Thinking.And I,m Waiting For Bull Market When Starting Biggest Profit.

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March 28, 2023, 04:42:01 PM
 #46

I don't regret not being an early adopter because like the op I believe I would've sold a long time ago. After all, I was here when Bitcoin was in hundreds of dollars per coin and didn't think it would go into thousands, even. I have different views now, but that comes with experience, getting to know Bitcoin and seeing more how it performs. I wouldn't attribute it to market manipulators, though, as it's more about personal beliefs and financial decisions, the lack of trust in Bitcoin many years ago. Now I try to be realistic and remind myself that there's a small chance that Bitcoin won't recover once, but I also believe that it will most likely recover after all. When I can, I try to save up some BTC, but I must say I still tend to largely use it because occasions arise when I need that money.

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April 03, 2023, 06:43:36 AM
 #47

@kryptqnick Don't regret about not being an early adopter. Most of are not but that does not stop us from investing every time the price drops. This is because we have our faith in this asset and we want it to go up based on our past experience. If one can continue to do this cycling of low and high they can be ever more profitable than an early adopter because many of them sold at loss or highs.

Be realistic and buy at the drop, don't listen to what others say but only trust the future of this coin which is good since it is deflationary and censorship resistant.

R


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April 03, 2023, 08:08:12 AM
 #48

Even if I have bought some bitcoin a few days after the launch day, there is a 99% chances that I would have sold the Bitcoin, the enemies of holding Bitcoin for a newbie is

1. Market manipulators
2. My own psychology

I think there are external factors like market manipulators and their own psychology which can lead astray from the investment objective. I also have the same opinion on Bitcoin's ability to offer a decentralized solution that can weather any storm. One thing that I take is Confidence to maintain investment in Bitcoin regardless of the potential risks and challenges that may be faced and decide to maintain Bitcoin investment for those who believe and believe they will pay off in Bitcoin in the long term.

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April 03, 2023, 02:50:25 PM
 #49


I may say that almost all early Bitcoin investors have sell their bitcoins for one or two reasons before the price of bitcoin reached $10,000. Many of these investors may not have anticipated that the price of bitcoin would rise sooner. As a result, when the price of bitcoin drops, particularly during a bear market, many people become panicked and eventually sell their bitcoins.and because of the difficulties involved and the unfavorable press that Bitcoin has received from the government, keeping Bitcoin for an extended period of time is not at all simple, If you are not a high risk taker, you might decide to stop holding Bitcoin after you have make some profit. Just imagine a person that accumulate like 200 Bitcoin when the price of Bitcoin was still $15 and the  price raises to $500 in fewer years, I believe the person will like to sell because it have make huge profits.

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April 03, 2023, 06:03:11 PM
 #50

Sometimes as human beings, we take irrational decisions based on life happening which we might regret later. If you look inwards that decision is not only for bitcoin some other of your decisions would have been influenced by people or events but as for me anybody who doesn't add value to me can't influence my decision easily. Just believe in yourself and whatsoever you do.

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April 03, 2023, 06:22:22 PM
 #51

It's good if you are now determined to keep holding on to your bitcoins and not sell them when the bitcoin price hasn't skyrocketed.
You don't have to react to the market and even if the price goes down to the price right now, it's an opportunity for you to buy more bitcoins.
These moments will surely end sooner or later, so you don't need to worry if the market is still in this condition.
You are only preparing yourself for the arrival of the bull run by accumulating more bitcoins so that later your profits will be even bigger.
I've heard this advice enough times and in fact I say it a lot to anyone looking to invest in bitcoin.
Ignore market volatility and stick to long term plan for bitcoin as there is enough potential to enable investors to earn worth it returns. It is also important to have custody of your bitcoin or investments rather than 100% trusting those investments in centralized exchange, meaning that the bitcoin will be safe in a wallet that you have complete control over.

I know it's not too late to invest in bitcoin even though it's currently around $28k. If they can't afford 1 btc, I think they should still be able to buy few mBtc instead of needlessly ignoring this opportunity.

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April 03, 2023, 06:52:07 PM
 #52

There is every chance that you will be able to let go of anything you don't know much about early due to FUD, logically speaking. For early adopters of bitcoin, I believe that is the case. Due to the lack of exposure to bitcoin and its volatility and the misinformation they received, they sold their bitcoin holdings early without the need of hodling it for long.

Again, the same thing is taking place, this time targeting those who are unfamiliar with bitcoin's fundamentals. Market manipulators can quickly get the better of them. We must inform people about bitcoin so they may make informed decisions about whether to invest in it or not. So that to refrain them from making sales of their bitcoin assets when they shouldn't.

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April 03, 2023, 07:47:08 PM
 #53

Even if I have bought some bitcoin a few days after the launch day, there is a 99% chances that I would have sold the Bitcoin, the enemies of holding Bitcoin for a newbie is

1. Market manipulators
2. My own psychology

I think there are external factors like market manipulators and their own psychology which can lead astray from the investment objective. I also have the same opinion on Bitcoin's ability to offer a decentralized solution that can weather any storm. One thing that I take is Confidence to maintain investment in Bitcoin regardless of the potential risks and challenges that may be faced and decide to maintain Bitcoin investment for those who believe and believe they will pay off in Bitcoin in the long term.


The right path will always be Bitcoin, there is no other investment that promises many long-term profits, right now is the time to buy and have plenty of options to earn, when we invest in other assets we must wait a long time, we don't know how long but this Surely it is much longer than when bitcoin rises and more if it reaches a new ATH, the key is patience, but all those who invest in bitcoin know that at any moment their investment will grow much more.


R


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April 03, 2023, 07:52:00 PM
 #54

I have felt the same way when I was still new to bitcoin and thought that this was just all for nothing. But then, after all of those mistakes that I've done which was a great to start thinking and realized that bitcoin truly has got the potential that will make change my life for the better in the future.

After those realization, it ticked me hard that I shouldn't sell those when I was just feeling the anxiety from the market and it influenced me a lot. But then, the deciding factor is our belief on where this is going. And we all know where bitcoin is going but a main requirement is to be patient.



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Rainbot
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April 03, 2023, 08:25:32 PM
 #55

I understand the concern of investors who are buying bitcoin recently, because the price is quite bullish these days and I'm not going to lie, a correction is possible to happen anytime... The important is that you keep your focus on long term, aiming future bull runs and ATHs which are believed to happen in a year or two, although we don't have the guarantee it's going to happen inside this timeframe.

For now, everything you can do is to wait and keep your coins stored very safely in a hardware wallet, with all its secrets hidden from other people. After all, I also believe you and everyone else here who believe in bitcoin's potential are on the right path and will see the fruits of the confidence they are putting on this cryptocurrency futurely!

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The Cryptovator
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April 03, 2023, 08:48:45 PM
 #56

Despite the persistent FUD surrounding Bitcoin, nobody has been able to halt its progress. Making money from Bitcoin can be challenging for those who are easily discouraged, as when the value of Bitcoin drops, panic sets in and people start selling, causing a further drop in value. This can make it difficult to accumulate wealth. Even if you have been involved with Bitcoin since its inception, you may have sold it before realizing significant profits. However, as time goes on, we learn and gain more confidence in navigating Bitcoin's volatility, allowing us to take advantage of its potential gains. Therefore, if you are invested in Bitcoin, you are on the right path.

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South Park
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April 03, 2023, 09:13:24 PM
 #57

I understand the concern of investors who are buying bitcoin recently, because the price is quite bullish these days and I'm not going to lie, a correction is possible to happen anytime... The important is that you keep your focus on long term, aiming future bull runs and ATHs which are believed to happen in a year or two, although we don't have the guarantee it's going to happen inside this timeframe.

For now, everything you can do is to wait and keep your coins stored very safely in a hardware wallet, with all its secrets hidden from other people. After all, I also believe you and everyone else here who believe in bitcoin's potential are on the right path and will see the fruits of the confidence they are putting on this cryptocurrency futurely!
We need to remember that investing is never easy, we are putting at risk an amount of money that probably took us years to accumulate, and in this way it is normal that people get worried about the performance of their investment, especially in a market that is so volatile as this one, however if those very same people take the time to look at the previous performance of the market they will realize that the longer they can hold their coins the higher the chances they will make money and the bigger this amount will be.

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deathcode
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April 03, 2023, 10:24:01 PM
 #58

I don't regret not being an early adopter because like the op I believe I would've sold a long time ago.

Yes, you are absolutely right, maybe if we are early adopters of Bitcoin when their price is still low, it is also possible that we will sell our Bitcoin. The challenge for early adopters is even more formidable because Bitcoin has not shown its potential like it is now.
We can't even imagine the regrets of the early adopters who sold all their Bitcoins but it turns out that over time Bitcoin continues to increase until it is today.

When I can, I try to save up some BTC, but I must say I still tend to largely use it because occasions arise when I need that money.

Life is not easy, we will definitely feel the economic ups and downs and I don't think there is anything wrong and it's okay if you have used up some of your Bitcoins if you feel it helps you.
But it's better for the future we can focus more on managing our finances even better so we don't have to use what we invest in Bitcoin.









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April 03, 2023, 10:47:55 PM
 #59

I understand the concern of investors who are buying bitcoin recently, because the price is quite bullish these days and I'm not going to lie, a correction is possible to happen anytime... The important is that you keep your focus on long term, aiming future bull runs and ATHs which are believed to happen in a year or two, although we don't have the guarantee it's going to happen inside this timeframe.

For now, everything you can do is to wait and keep your coins stored very safely in a hardware wallet, with all its secrets hidden from other people. After all, I also believe you and everyone else here who believe in bitcoin's potential are on the right path and will see the fruits of the confidence they are putting on this cryptocurrency futurely!
We need to remember that investing is never easy, we are putting at risk an amount of money that probably took us years to accumulate, and in this way it is normal that people get worried about the performance of their investment, especially in a market that is so volatile as this one, however if those very same people take the time to look at the previous performance of the market they will realize that the longer they can hold their coins the higher the chances they will make money and the bigger this amount will be.

As long as we invest the money we can afford to lose, it will never be a difficult thing for us.  Aside from that, our belief that the money we invested in Bitcoin will give us good profit, waiting is nothing.  Investing is only difficult if we use the money we cannot afford to lose and we are uncertain of our investment.  The uncertainty will always give us stress and pressure until we give in and sell our investment prematurely.

So it is a good thing to learn about the Bitcoin market trend.  Knowing that Bitcoin price will uptrend in the future, anyone who is investing in it right now is in the right path to profit.
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April 03, 2023, 11:23:44 PM
 #60

Even if I have bought some bitcoin a few days after the launch day, there is a 99% chances that I would have sold the Bitcoin, the enemies of holding Bitcoin for a newbie is

1. Market manipulators
2. My own psychology

Market manipulators must have made me want to wet my pants, in the past years there are many FUD about Bitcoin, calling it another bubble, this could have made me give up.

We all have our demons too, I could have listened to them, saying, sell, sell, sell, you dummy, this thing is going to die and you will lose all your capital.

I believe it's a good thing to have grown with Bitcoin all this past years and have grown the confidence to hold through any weather, Bitcoin have proven itself to be the best solution to decentralization.

Now I don't hear my demons trying to confuse me to sell, I was there once, I knew how it felt to believe in something you don't have trust in, today I've made up my mind, to always be with Bitcoin.

You are not too late, you just find the reason to keep supporting Bitcoin, to keep holding your Bitcoin bag. My confidence in Bitcoin is now 100%.

I think that was the case for a lot of people who were early on in the bitcoin "game".  The thing is you just never know how things are going to turn out, it's scary having a good amount of bitcoin but knowing that the bottom could fall out at any moment..it's hard to say committed.

I'm still a bit hesitant with bitcoins future.  The problem I fear is most people,even those who own bitcoin, simply don't know what it really is and how it works, as well as why it's a groundbreaking technical achievement. I hope over time that changes, but my faith isn't real high.

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