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Author Topic: Positive thoughts and attitude towards Bitcoin.  (Read 875 times)
LogitechMouse
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July 16, 2023, 03:39:55 AM
 #61

~
When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.
Your timing was perfect. You invested when Bitcoin is at it's most bottomed price which is at near $17,000.

Well, you sharing your experience will probably motivate these newbies out there to make their own decision when it comes to investing in cryptocurrency. Maybe you might motivate one or 2 users out here, make their own research, and invest into Bitcoin. I guess I would say that you did a good job investing diversifying your money.

Continue investing, continue learning, and don't stop on it. Aside from your business, investing your profit not only in cryptocurrency, but into different asset class will give you more profit in the long run. Yes there's always a risk involve like you said, but as long as you can manage the risk then it's all good.

 
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July 16, 2023, 05:10:29 AM
 #62

Wow that's actually good timing right there for sure you have a good profit by now since you started when Bitcoin was $17k now BTC's value almost reached $30k. Well as long as your consistent and have a optimistic mindset for sure you would do great in this industry. Your efforts in the farm and the time you've spent in studying Bitcoin with you brother for sure will payoff in the end. That's actually a good story to share in this forum that could motivate others. Keep up and good luck in your journey, maybe I would try farming if I live in the country side in the future.

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July 16, 2023, 05:26:19 AM
 #63

From the time I studied in class eight, I used to take money from my father, uncle, elder brothers on the occasion of religious festivals. After few years I kept saving money and with the saved money I started a quail and pigeon farm.
I like the financial discipline that you developed at a tender age and has gone on to reward you with a farm of birds, keep up the good work very few can do this in this day and age!
Keep dreaming big, who knows you might be the biggest poultry farmer in your country one day and if its paying you well dont change what works for you, but you can channel a bit of your profits into crypto for diversity reasons.

After two years of service I got a fairly good benefit from them. One day I got to know about Bitcoin by meeting an elder brother while visiting a place. After learning about Bitcoin, my curiosity increased and gradually I tried to learn more about Bitcoin and became attracted to Bitcoin. A few months ago when the bitcoin market was 17 thousand USD I invested 80% of the dividend in the bitcoin market and I still hold it.
80% is overtrusting bitcoin especially  that you started a business from ground up only to channel all those resources into crypto, hope crypto rewarding you well and you haven't forgotten the quails and pigeons!

 
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July 16, 2023, 06:03:43 AM
 #64

A few months ago when the bitcoin market was 17 thousand USD I invested 80% of the dividend in the bitcoin market and I still hold it.
I hope you can keep the Bitcoin you already have and try not to let it go before the new ATH is reached.
Keep adding to the Bitcoin holdings you want to invest in according to your financial capabilities.
Investing in Bitcoin is a good decision you have made.

I think Bitcoin will be more valuable in the next few years and maybe it will reverse but I have confidence I hold it. When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.
It will be worth more for a long time.
Risk makes us more driven and the risk involved in Bitcoin is much more "fun" than the risk of investing in altcoins.
The first risk that will make you have to be ready is when the price decreases from the price when you buy.
Welcome to join and enjoy the benefits you will get in investing in Bitcoin.

 
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July 16, 2023, 07:10:12 AM
Merited by JayJuanGee (1)
 #65

Nobody wants to talk about how hard it can be to hold Bitcoin, I was there when I had nothing and Bitcoin was my only hope, the only thing that's worth money at the time was Bitcoin, to spend it was like I no more had a future, I turned into something I was not, I started looking for means of making money without touching a penny from my Bitcoin and in the end I still lost everything.

If I had a job back then, my journey would have been a lot easier, I wouldn't starve myself so much, I would have easily buy more Bitcoin instead of starting another race with Airdrops and Faucets, it was not easy but I am still standing today.

Positive attitude and thoughts towards Bitcoin will work if you have other source of incomes and things that can occupy your time, things will work smoothly and there won't be anything to be worried about.

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July 16, 2023, 08:19:54 AM
 #66

Nobody wants to talk about how hard it can be to hold Bitcoin, I was there when I had nothing and Bitcoin was my only hope, the only thing that's worth money at the time was Bitcoin, to spend it was like I no more had a future, I turned into something I was not, I started looking for means of making money without touching a penny from my Bitcoin and in the end I still lost everything.

If I had a job back then, my journey would have been a lot easier, I wouldn't starve myself so much, I would have easily buy more Bitcoin instead of starting another race with Airdrops and Faucets, it was not easy but I am still standing today.

Positive attitude and thoughts towards Bitcoin will work if you have other source of incomes and things that can occupy your time, things will work smoothly and there won't be anything to be worried about.

Your real life story and investment experience in Bitcoin are truly remarkable, specially considering the challenges you faced during  the unfavourable economic circumstances . You have set a good example for all Bitcoin investors, and  I must appreciate your patience and positive attitude during these hardships for continue holding your Bitcoin investment with strong faith in its ability to reward you significant returns and transform future of your family.

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July 16, 2023, 08:40:06 AM
 #67

A few months ago when the bitcoin market was 17 thousand USD I invested 80% of the dividend in the bitcoin market and I still hold it.
Although @OP story sounds like he was made a good decision by invest his money when Bitcoin price was $17K since right now Bitcoin is worth $30K, anyone should remember if you bought Bitcoin at $69K, it doesn't mean you're wrong because the next Bitcoin ATH, it will surely break the $69K remark and the price will reach more higher. As long as you invest what you can afford to lose, you just need to be patient to wait the next ATH.

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July 16, 2023, 09:02:39 AM
Merited by JayJuanGee (1)
 #68

I think Bitcoin will be more valuable in the next few years and maybe it will reverse but I have confidence I hold it. When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.
Whether you think, speculate, predict, anticipate, foresee that Bitcoin will be more valuable in the next few years, you are right. All things happening in the financial world are an indication. Look at the organizations applying for ETFs, looks at countries granting access to Bitcoin miniers, look at companies accepting Bitcoin for payment of goods and services. There is a steady increase. Bitcoin awareness is increasing in the public. I would say that 7 out of every ten people have heard about Bitcoin because it always on the news or trending on Twitter every other day.  Increase adoption means increase price making it more valuable. Keeping holding

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July 16, 2023, 09:37:30 AM
 #69

Nobody wants to talk about how hard it can be to hold Bitcoin, I was there when I had nothing and Bitcoin was my only hope, the only thing that's worth money at the time was Bitcoin, to spend it was like I no more had a future, I turned into something I was not, I started looking for means of making money without touching a penny from my Bitcoin and in the end I still lost everything.

If I had a job back then, my journey would have been a lot easier, I wouldn't starve myself so much, I would have easily buy more Bitcoin instead of starting another race with Airdrops and Faucets, it was not easy but I am still standing today.

Positive attitude and thoughts towards Bitcoin will work if you have other source of incomes and things that can occupy your time, things will work smoothly and there won't be anything to be worried about.
You bravely invested in Bitcoin at low pricing. Maintaining a confident investment throughout market fluctuations is difficult. Remember that everyone's financial journey is different. Years of experience make your life lessons invaluable. Dont discount your airdrop and faucet experience just because they're a little part of crypto. Income diversification can mitigate Bitcoin price swings. Bitcoin isnt your only option. Blockchain has many uses beyond Bitcoin. Its an interesting area with great potential.

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July 16, 2023, 02:32:04 PM
 #70

From the time I studied in class eight, I used to take money from my father, uncle, elder brothers on the occasion of religious festivals. After few years I kept saving money and with the saved money I started a quail and pigeon farm. After two years of service I got a fairly good benefit from them. One day I got to know about Bitcoin by meeting an elder brother while visiting a place. After learning about Bitcoin, my curiosity increased and gradually I tried to learn more about Bitcoin and became attracted to Bitcoin. A few months ago when the bitcoin market was 17 thousand USD I invested 80% of the dividend in the bitcoin market and I still hold it. When I do any work, I trust the right thinking and decision of my own morale towards that work. I think Bitcoin will be more valuable in the next few years and maybe it will reverse but I have confidence I hold it. When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.

For me risk is the reason that makes investing and trading interesting, without it there wouldn't be a chance to make large profits. Risk allows us to earn extra returns compared to the risk free assets. People who don't want to take risks leave their savings in the bank and earn a small interest on it, or leave it as cash at home for no interest at all. Due to inflation we need to invest, otherwise the value of our money will drop over time. Crypto currencies offer a lot of opportunities to invest in, especially bitcoin has proven over the years to protect it's initial value while giving good upside potential. As long as we only invest money that we don't need at the moment we don't face any long term risks in my opinion. The problem comes when we expect certain returns and rely on them, this could lead to us being forced to sell at unfavorable times.
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July 16, 2023, 02:48:17 PM
 #71

From the time I studied in class eight, I used to take money from my father, uncle, elder brothers on the occasion of religious festivals. After few years I kept saving money and with the saved money I started a quail and pigeon farm. After two years of service I got a fairly good benefit from them. One day I got to know about Bitcoin by meeting an elder brother while visiting a place. After learning about Bitcoin, my curiosity increased and gradually I tried to learn more about Bitcoin and became attracted to Bitcoin. A few months ago when the bitcoin market was 17 thousand USD I invested 80% of the dividend in the bitcoin market and I still hold it. When I do any work, I trust the right thinking and decision of my own morale towards that work. I think Bitcoin will be more valuable in the next few years and maybe it will reverse but I have confidence I hold it. When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.

Even in your first investment, you waited for a while and your investment was appreciated. Thus, you have fulfilled the waiting element, which is valuable in this market. This gives you an advantage. You bought Bitcoin at a very good level and expect its value to increase. I think you did a very good job. Continue this way.

There is always risk. What we can have is limited when we don't take risks. Investing comes with risks, but our confidence in bitcoin will not let us down. however always be careful.
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July 16, 2023, 03:03:54 PM
 #72

Not only the OP's belief in the story mentioned, but I also personally really believe that one day we will take profits at the price of bitcoin surpassing the $10000 mark, our investment perspective as well as our knowledge of the field. This may be different, but the goal of accompanying the market to get profit should seriously maintain it. Really seeing so many FUDs popping up with bitcoin and crypto doesn't bother me, when I understand that investing is about accepting everything that will happen, and whether or not it's about finding a way to limit the risks to your investment where to invest.

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July 17, 2023, 03:08:12 AM
 #73

Not only the OP's belief in the story mentioned, but I also personally really believe that one day we will take profits at the price of bitcoin surpassing the $10000 mark, our investment perspective as well as our knowledge of the field. This may be different, but the goal of accompanying the market to get profit should seriously maintain it. Really seeing so many FUDs popping up with bitcoin and crypto doesn't bother me, when I understand that investing is about accepting everything that will happen, and whether or not it's about finding a way to limit the risks to your investment where to invest.

It's great to hear that you strongly believe in Bitcoin's potential to surpass important psychological level of $100,000 and I highly appreciate your positive perspective on Bitcoin. Investing involves risks and fluctuations of market that comes with any kind of investment including crypto currencies. In order to navigate these challenges, it is better to take long term approach. By doing this, it can help to ride out short term market fluctuations and potentially capitalize on long term significant returns.

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July 17, 2023, 03:32:54 AM
 #74

From the time I studied in class eight, I used to take money from my father, uncle, elder brothers on the occasion of religious festivals. After few years I kept saving money and with the saved money I started a quail and pigeon farm. After two years of service I got a fairly good benefit from them. One day I got to know about Bitcoin by meeting an elder brother while visiting a place. After learning about Bitcoin, my curiosity increased and gradually I tried to learn more about Bitcoin and became attracted to Bitcoin. A few months ago when the bitcoin market was 17 thousand USD I invested 80% of the dividend in the bitcoin market and I still hold it. When I do any work, I trust the right thinking and decision of my own morale towards that work. I think Bitcoin will be more valuable in the next few years and maybe it will reverse but I have confidence I hold it. When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.

You have taken a very nice step by delving into the world of Bitcoin and investing your money into it at that price range. It's someone's own choice to invest in a currency or a commodity, or something that's living, but very few people can think about future of an asset in a positive way, and I think you're among those people who think very positive about the future of Bitcoin.

I must tell you that your investment is going to give you good returns if you can hold it for more than 5-10 years because it's expected that the price of a single Bitcoin will be around $1 million or more in a decade, and if that prediction becomes true then you will have a very enjoyable life if you have held your coins for that time.

You should never worry about its price drop because that thing is not going to happen, and I'm more than sure that Bitcoin won't be going to the range of $17k once again. Just hold you accumulated amount in Bitcoin and wait for the time when it's price would be high enough that you can earn quite good returns from your investment.

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July 17, 2023, 12:40:54 PM
 #75

OP, you had a great decision investing in Bitcoin and in a perfect timing. It's actually amazing to think that the first time you got curious about Bitcoin and planned on investing on it, it was on $17k and look at the price now. Comparing the price of when you invested up to this day, you surely did the right choice. Also, I like your mindset. You keep a positive mindset and this attitude is what we need when investing. Of course there are risks but you're investing on something because you believe on it. I believe your story can motivate others, especially to newbies who are still a bit doubtful towards Bitcoin.

Surely, Bitcoin will have more value in the next few years so keeping your Bitcoin and that positivity will lead you to a more success. Goodluck on your journey and investment OP!
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July 17, 2023, 12:51:00 PM
 #76

I am sure with your thoughts like that then later you will definitely become one of the investors who benefit in the crypto world, because smart people always think like you about Bitcoin, because Bitcoin does have a very good future, Hadi is currently investing as much as possible so that later we can enjoy very large profits, and I am very sure this will definitely happen for the next few years.

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July 17, 2023, 06:35:10 PM
 #77

Investing in cryptocurrencies is risky, I don't think it is risky when one decides to invest in Bitcoin. Because those who use Bitcoin as an investment tool they normally invest in Bitcoin from a perspective of long-term plan. Investing in alt coins carries a lot of risk and the possibility of being accused of any kind of irregularities where Bitcoin free form those issues. If you can trust Bitcoin to fulfill your goals then you can definitely become a true Bitcoin investor. In my opinion an investor should make a reliable investment that can minimize his risk level and there is no better option than Bitcoin.
Bitcoin is the safest investment in the crypto ecosystem. In fact, it will provide extraordinary benefits if you can hold it for the long term. Just look at how bitcoin has increased since bitcoin was first created. Profitable investment and even this will not be related to the government so there will be no taxes whatsoever if you hold the investment in your personal wallet. Of course there are pros and cons about investing in Bitcoin, but let's look at the positive news. Bitcoin is the most expensive digital asset for now and is a new decentralized payment platform.
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July 17, 2023, 11:50:30 PM
 #78

Op is confident over the growth of bitcoin. Already he would be enjoying the profit out of his investment, he had bought when the price was around $17k and now the difference is almost doubled. In all forms of investment there'll be risk and the same could be overcome by our learning and the decisions taken at the right time. We should be ready with alternate plans if the market isn't moving according to our predictions. Next thing is the focus on worst case of the market. Our mind need to have everything calculated for the worst case of the market and the same will never let us down.

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July 18, 2023, 12:11:10 AM
 #79

There are always risks in investing. So when we want to invest, we have to think carefully. Don't just rely on your lust. And indeed positive thoughts are really needed, so that when we lose on an investment, we can learn from our mistakes instead of berating ourselves and thinking about negative things going forward.

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October 31, 2023, 11:53:52 AM
 #80

From the time I studied in class eight, I used to take money from my father, uncle, elder brothers on the occasion of religious festivals. After few years I kept saving money and with the saved money I started a quail and pigeon farm. After two years of service I got a fairly good benefit from them. One day I got to know about Bitcoin by meeting an elder brother while visiting a place. After learning about Bitcoin, my curiosity increased and gradually I tried to learn more about Bitcoin and became attracted to Bitcoin. A few months ago when the bitcoin market was 17 thousand USD I invested 80% of the dividend in the bitcoin market and I still hold it. When I do any work, I trust the right thinking and decision of my own morale towards that work. I think Bitcoin will be more valuable in the next few years and maybe it will reverse but I have confidence I hold it. When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.
Investing in cryptocurrency certainly has its risks.Everyone knows that investing requires taking risks.If no risk is taken to do something then it cannot be experienced as successful.You invested in Bitcoin when Bitcoin was worth $17,000.The few dollars you bought Bitcoin for when it was $17,000 may have doubled today.You bought Bitcoin and held onto it even as its price rise today for which you earned success.Next year bitcoin halving will start then bitcoin price will be seen increasing at bullran speed but if you can hold on to your invested bitcoins then you can expect better things.

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