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Author Topic: You can only use bitcoin maximalist strategy to succeed in the market  (Read 225 times)
Gallar
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June 16, 2023, 07:31:06 AM
 #21

The maximalist have so much confidence in bitcoin, they believe in bitcoin no matter how tough the price in the market is, and they consider bitcoin as the best investment than any other cryptocurrency.
The maxi only invest in what they believe and understand what will become the end result of what they are investing inthe future.  Maximalist always have success in their investments because they already know what they are into.
Fully believe in bitcoin or what you call a maximalist, it is definitely a must have for every bitcoin investor. Trust will indeed be a strength in itself for bitcoin investors, even with the current market conditions. But instilling complete trust in bitcoin, is not an easy thing. Because sometimes there are not a few bitcoin investors who always ask questions and have fear when market conditions don't improve. Especially for beginners in bitcoin, in my opinion, their trust in bitcoin is still very thin. But that's still reasonable, because beginners must have never gone through the cycles that exist in bitcoin, and so they still have a little doubt about bitcoin. And bitcoin maximalism in my opinion is not a strategy, but bitcoin maximalism is the fruit of the long journey of investing or trading in bitcoin. And it is that journey and experience that makes a person a person who believes in bitcoin completely or can be called a bitcoin maximalist.

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yudi09
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June 16, 2023, 09:05:29 AM
 #22

The price of the market for sometimes have not been moving up like what mist young investors expected. The market have been challenging to most investors. The only way young investors can overcome the recent price of the market is to use bitcoin maximalist strategy to invest in bitcoin.

They see no reason to be scared even if the market is going down.  Those who really understand the market will always overcome tough bear market, but it will be challenging for people who don't have understanding.
When you are someone who understands the Bitcoin market situation, the easy strategy you will do is buy and hold.
That is one strategy that doesn't bother you much when you think about the various assumptions that are circulating.
The toughest challenge we often hear about is hold. Hold requires a lot of emotions that investors must be able to control in the face of uncertain conditions.

But we must be sure that ups and downs are normal situations that occur in the market.
If now is considered a time when the graph is declining, then there will be times when the graph is moving up.

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June 16, 2023, 10:11:45 PM
 #23

You alright OP and you have said it yourself that "The maxi only invest in what they believe and understand what will become the end result of what they are investing in the future."
Therefore there's no Bitcoin maximalist strategy involved. What is needed is simple knowledge about the Bitcoin market, historical data, fundamental concepts, and why it will always be the same BTC that leads the market into new ATH prices during block halving.

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June 16, 2023, 11:29:08 PM
 #24

I would say you don't need lot of strategies if you understand bitcoin and why it's importance for us in future as well as current time also.
Hodling Bitcoin is just the only secret of making a better profit in Bitcoin, but people still find is very difficult to stick to it , I think this is just because they are too desperate of making money out of Bitcoin. The strategy of Hodling Bitcoin is very simple which is to just hodl Bitcoin and not even difficult  but people still sees it very hard to follow this strategy. It seems too difficult for some people because they do not understand the strategy, this set of people understand bitcoin from what they feel about bitcoin thinking that the market must be in the favour of their own prediction.

R


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June 17, 2023, 10:36:00 AM
 #25

Bitcoin Maximalists think that Bitcoin's solid design and network effects will make it the money of the future.

This is not to dismiss the efforts of other initiatives and platforms, such as Ethereum, which strive for a distinct use case based on the concept of a distributed decentralized ledger. It is commonly assumed that Bitcoin Maximalists dismiss all other crypto projects. Bitcoin Maximalists think that Bitcoin will eventually replace fiat currency, hence they do not measure the value of their portfolio in dollars or any other currency. They prefer to "maximize" the quantity of Bitcoins they own. They may trade in other tokens, but their main goal is to maximize their Bitcoin holdings.

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