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Author Topic: My bitcoin journey has started again  (Read 1345 times)
criptoevangelista
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January 11, 2024, 03:36:05 PM
 #141

This is a choice that will completely change your life.
Never give up, draw up a plan, a goal and be completely faithful to it, you always have to take the first step, even if it's for a new beginning.
Good luck on your journey, you will reap good results in the future.

I agree, it's never been easy to pursue our dreams but with knowledge and how to do it along with high aspirations, we can reach our goals and we can be one of the successful investors out there who will share their stories in the future on how were they started their journey. This is a good time to enter the crypto market because we are once again trending again since we are at the halving year and there will be many things that will gonna happen in the crypto market this year because no one wants to miss the great bull runs after halvings and to miss this opportunity is such a waste because we are a few months away to witnessed yet another historical Bitcoin's price ATH.
My friend, it is easy, it all depends on the plan and the availability of enough money. To some, their issue is procrastination and the need to have that huge money before they start, but that mentality is very wrong. One can start investment at any time and continue to save money there if allowed. Thankfully, the Bitcoin investment allows all that and if you are investing this time, I believe you are still lucky as the bull run is coming powerfully and could still give about x2 of the current size, if not x3. But I will not support any multiple returns above that because what is happening now in the crypto space about the ETF and other advancements is so encouraging to the financial market. If Bitcoin behaves like other assets in the financial market, there might not be as much volatility in it as before. This is especially true as it has reached a huge size already. I only expect a few more shocks on the rise, not as much as most people believe it would happen. It can still hit $100,000 in no time though but I do not see a higher price hit in decades anymore.


You touched on a very interesting topic, which is procrastination.

This really seems to be the thing that most prevents people from doing anything, look, we have many examples of people whose effort and dedication took them much further than talent.

The reality is that many of the people who created incredible things were actually ordinary people but with the purpose of never giving up.

And you don't need money, you just need a good idea and a lot of dedication and anyone can achieve really great things.

.
Duelbits
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Wakate
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January 11, 2024, 08:13:31 PM
 #142

This has been my biggest motivation. I wish to be like you in no distance time, but due to financial instability and other factors beyond my major control, it has always seem impossible to start now. Kudos to this great move, I believe you must be so proud of yourself for taking this bold step. I can't wait to join the moving train. Bitcoin is the future.
When it come to investment, Bitcoin is one of the things we not need to miss out on even though we have other altcoins we are holding. Bitcoin had changed many of us mindset to believe in what the future has for us. Those that invest in the future are the ones that are benefiting at large because they were able to think and look for a way to prepare for what the future has to offer.
My mindset has significantly changed since the approval of Bitcoin ETF and I know that would be a new beginning for everyone that are into crypto investment. Let's ride to trend to the next level and we should not be shaky by the market trends because they are there to make us stronger.

.
.Duelbits.
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Hamphser
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January 11, 2024, 09:40:15 PM
 #143

This is a choice that will completely change your life.
Never give up, draw up a plan, a goal and be completely faithful to it, you always have to take the first step, even if it's for a new beginning.
Good luck on your journey, you will reap good results in the future.

I agree, it's never been easy to pursue our dreams but with knowledge and how to do it along with high aspirations, we can reach our goals and we can be one of the successful investors out there who will share their stories in the future on how were they started their journey. This is a good time to enter the crypto market because we are once again trending again since we are at the halving year and there will be many things that will gonna happen in the crypto market this year because no one wants to miss the great bull runs after halvings and to miss this opportunity is such a waste because we are a few months away to witnessed yet another historical Bitcoin's price ATH.
My friend, it is easy, it all depends on the plan and the availability of enough money. To some, their issue is procrastination and the need to have that huge money before they start, but that mentality is very wrong. One can start investment at any time and continue to save money there if allowed. Thankfully, the Bitcoin investment allows all that and if you are investing this time, I believe you are still lucky as the bull run is coming powerfully and could still give about x2 of the current size, if not x3. But I will not support any multiple returns above that because what is happening now in the crypto space about the ETF and other advancements is so encouraging to the financial market. If Bitcoin behaves like other assets in the financial market, there might not be as much volatility in it as before. This is especially true as it has reached a huge size already. I only expect a few more shocks on the rise, not as much as most people believe it would happen. It can still hit $100,000 in no time though but I do not see a higher price hit in decades anymore.


You touched on a very interesting topic, which is procrastination.

This really seems to be the thing that most prevents people from doing anything, look, we have many examples of people whose effort and dedication took them much further than talent.

The reality is that many of the people who created incredible things were actually ordinary people but with the purpose of never giving up.

And you don't need money, you just need a good idea and a lot of dedication and anyone can achieve really great things.
Only a few could really be able to reach out such state on which they would really be doing their very best for them to be able to reach out into those goals and targets that they do have in mind.
Most people would really be just simply be skipping ou on such idea on the time that they've seen that it is really that something hard to do or something hard to be done and this is why
they would really be that deciding that they would neither be that sitting back and just wait for some miracle that they do have the money that they could invest on without even
trying out to find other ways for them to acquire such condition and this is why to those people who do have that kind of mindset do really always end up on getting left behind.

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January 11, 2024, 11:56:48 PM
 #144

That's right, if we continue to consistently invest in Bitcoin even in small amounts, in the future the investment we make in Bitcoin can provide satisfactory results.  However, avoid forcing yourself if you are not yet able to invest in Bitcoin, don't get trapped by borrowing money because you expect a large return on it

As long as someone doesn't have the thought of borrowing money to invest anywhere, I don't think bad things like borrowing money from other people will happen when someone wants to invest very consistently with the capital they own. Because investing in Bitcoin is an investment that can be done at any time quite relaxedly without any coercion of our own will, so every decision and method we make is based on the comfort of each investor. So this will not trap someone in a bad condition at all as long as an investor is not involved in borrowing money for their own investment.

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January 12, 2024, 01:21:59 AM
 #145

...
Congratulations on your bitcoin purchase, friend. Hope your Hodl runs smoothly for a long time.

When I saw your post, I was reminded of my personal experience. even though initially I was interested in Bitcoin and I tried to learn about it. However, after I understood Bitcoin well enough, I ran into a problem.
The biggest obstacle was, at that time I didn't have the money to buy it.

So I was very happy when I saw you bought bitcoin with your own money. Because I know for sure, when I made that first purchase, I felt very happy.

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lienfaye
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January 12, 2024, 01:58:00 AM
 #146

That's right, if we continue to consistently invest in Bitcoin even in small amounts, in the future the investment we make in Bitcoin can provide satisfactory results.  However, avoid forcing yourself if you are not yet able to invest in Bitcoin, don't get trapped by borrowing money because you expect a large return on it

As long as someone doesn't have the thought of borrowing money to invest anywhere, I don't think bad things like borrowing money from other people will happen when someone wants to invest very consistently with the capital they own. Because investing in Bitcoin is an investment that can be done at any time quite relaxedly without any coercion of our own will, so every decision and method we make is based on the comfort of each investor. So this will not trap someone in a bad condition at all as long as an investor is not involved in borrowing money for their own investment.
Well, it's not advisable to use a borrowed money to be able to invest in Bitcoin. But I don't think it's a bad thing because as long as the investor is capable of paying off his loan regardless of the result of the investment then I don't see it as a problem. However, this is only for investors who have a plan B just incase everything didn't go as planned. If you're a type of investor who will only rely on the profit of your investment to pay your loan then don't even consider trying to invest using a borrowed money because it's not a good idea.

Nevertheless, it is still best to invest using our own money. Do the strategy that you think is beneficial for long term. So timing when to buy Bitcoin and hold.

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Richbased
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January 12, 2024, 03:16:45 AM
 #147

I don't encourage people to join contributions because me I've been a victim of when it gets to my turn in the contribution, lots of stories from members of the contribution emanates and again it's just almost same as entrusting your funds in other people's hand which is very risky.
I know that not every time contribution is ideal encourage people, but the why reason I brought it up was because it is the simplest way to save money because you don't have to worry about finding onless the Head of Contributions to take up much of your time and once you pack it, you will perform the essential things with it, there are contributions that, when it's your turn, they will start telling you things that will make you unhappy, Nevertheless this type of behavior occurs in anonymous contributions, where contributors are strangers to one another.

It doesn't occurs in anonymous contributions but it occurs amongst people who you're familiar with and for the fact that you're very close to them and you know them, they'll feel that you can't do anything if they didn't comply when it gets to your turn in the contribution though am not discouraging anyone that wants to get involved in contributions, I'm just saying based on my own experiences.

So far as I know, their is absolutely no way one can save money without getting to touch it at a time when you don't have anything or your business isn't moving again so the best will definitely be to invest it on something that gonna bring forth proceeds in the near future even if you don't want to invest in any coin, there are still valuable things you can invest on that will surely bring some profits to you.
The only issue is that not everyone wants to invest in something that they will hold for a long time. In reality, there are plenty of worthwhile items accessible for those who are not interested in buying coins from which they will profit greatly. Furthermore whatever a person wishes to become in life, he or she must learn to be patient; otherwise, nothing will turn out as well as they wish.

You may actually be correct on saying that not every one is interested in long-term investments but what hinders a lot of people not to be involved in long-term investments is as a result of low or unsteady income. Patience of a truth is one of the criteria for long-term investments but however, lots of people are afraid of what the future might hold for their investments even though they make predictions and expects positive outcome but yet the future is uncertain as anything, be it good or bad can happen to their investments in the long run.











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2Pizza410000BTC
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January 12, 2024, 06:25:47 AM
 #148

I have decided to continue my involvement with investment in Bitcoin. My conviction in the importance and positive tendencies of bitcoin cannot be complete if I continue to just discuss and learn about its existence. I believe that a practical approach to learning is the best approach, hence my decision to invest in bitcoin with the  little funds I have at the moment. I also believe that little drops of water makes the mighty ocean and I'll continue my investments when  funds present itself. I wish to take my journey to another level of involvement, hence my decision. I hope and know that in the nearest future, I will be proud of the decision I am taking now. I intend Hodling my coins for a long time to avoid a repeat of my  former tragedy.
Always wish your investment success. I think you made the right decision in the decision you made. Deserts are made up of small grains of sand, just as oceans are made up of water droplets. If you invest in your DCA approach with this word, you can create an ocean like a drop of water. A person who does not have enough funds to invest or does not have available funds will have a stronger investment if he invests using the DCA method. I am currently investing using the DCA method I would never have invested if I had not invested using the DCA method. That's why I always consider DCA method as the best way to invest.

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doomloop
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January 13, 2024, 07:26:41 PM
 #149

This has been my biggest motivation. I wish to be like you in no distance time, but due to financial instability and other factors beyond my major control, it has always seem impossible to start now. Kudos to this great move, I believe you must be so proud of yourself for taking this bold step. I can't wait to join the moving train. Bitcoin is the future.
We talking or we starting. Bitcoin is that train which will keep moving irrespective of whose on or off. The Bitcoin journey is full of surprises and it can bring up whole new opportunities for us. Its like you dont what would happen to Bitcoin in terms of its prices, volume. Any small or major event out in the market can onset these events. Whether its negative news like an exchanger getting hacked or positive news like ETF approval or Grays buying millions of dollar worth; they all come by surprise and move this market. Investors like you and me can scoop good profits from Bitcoin holding during such period. Thats why there is no wait, if you are in then you should be in right away even with smaller amounts.
We are talking here but it's not enough if we won't make an action. The surprise in Bitcoin's journey is not only the opportunity to earn but also to lose if we don't take it seriously. Some news can indeed come unexpectedly but we can refer to them to make a decision. Like for example there is a date if when will ETF be approved.

Some people will enter and buy because think the price will rise during those periods. If it's the negative news that pops up, investors will wait for a while thinking that the price will continue to dump more. You still can disregard these strategies and just buy or sell at any point. But it's best if we can HODL long enough.

wallet4bitcoin
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January 13, 2024, 07:49:10 PM
 #150

You touched on a very interesting topic, which is procrastination.

This really seems to be the thing that most prevents people from doing anything, look, we have many examples of people whose effort and dedication took them much further than talent.

The reality is that many of the people who created incredible things were actually ordinary people but with the purpose of never giving up.

And you don't need money, you just need a good idea and a lot of dedication and anyone can achieve really great things.

I reckon your focal point is consistency.

You will achieve but a little if you have non or lack the most of consistency. A whole lot of people have started out loads of projects and have backed out of it mid way because they faced certain challenges, maybe they were not prepared for it but that is how everything works out. If you have actually pursued anything, you will notice that your commitment to that thing must be tested, so giving up is not an option for a consistent man.

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kennyliang23
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January 25, 2024, 03:08:19 PM
 #151

That's a solid plan! Investing a bit into Bitcoin regularly, like setting aside a certain amount of money periodically, can be a smart move. It's all about consistency.

Think of it as gradually building your Bitcoin portfolio over time. This way, you're not just jumping in all at once, but rather spreading out your investment, which can be a more balanced approach.

Plus, hodling for the long term could turn out to be really rewarding. Here's to your journey into deeper involvement with Bitcoin – it sounds like you're on a promising path!
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January 25, 2024, 03:43:10 PM
Merited by fillippone (1)
 #152

This has been my biggest motivation. I wish to be like you in no distance time, but due to financial instability and other factors beyond my major control, it has always seem impossible to start now. Kudos to this great move, I believe you must be so proud of yourself for taking this bold step. I can't wait to join the moving train. Bitcoin is the future.
When it come to investment, Bitcoin is one of the things we not need to miss out on even though we have other altcoins we are holding. Bitcoin had changed many of us mindset to believe in what the future has for us. Those that invest in the future are the ones that are benefiting at large because they were able to think and look for a way to prepare for what the future has to offer.
My mindset has significantly changed since the approval of Bitcoin ETF and I know that would be a new beginning for everyone that are into crypto investment. Let's ride to trend to the next level and we should not be shaky by the market trends because they are there to make us stronger.
People that invest in Bitcoin long time ago are the ones benefiting today for believing that Bitcoin will one day grow above our imagination, truly today Bitcoin has grown to an amount that many people find if very hard to get, there are many people that doesn't know bitcoin is worth holding.
Many of us have doubted Bitcoin from the first time we hear about it but those that invested long time ago have that have also benefit from Bitcoin have made us to understand that Bitcoin is not here to take out money but here to make things change.
However it's not late to start investing as we know what's at the front and we have forgotten what's at the back of what has past long time.
Bitcoin is going to change the world that is why many scammers are trying hard to get closer to investor just to scam them their coins but if we play smart and not be friendly with others when it has something to do with our investments then we should just be careful.
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January 25, 2024, 04:03:47 PM
 #153

As long as someone doesn't have the thought of borrowing money to invest anywhere, I don't think bad things like borrowing money from other people will happen when someone wants to invest very consistently with the capital they own. Because investing in Bitcoin is an investment that can be done at any time quite relaxedly without any coercion of our own will, so every decision and method we make is based on the comfort of each investor. So this will not trap someone in a bad condition at all as long as an investor is not involved in borrowing money for their own investment.

Dear, Everybody has his own plans or mentality in my case I would recommend not borrowing any money to invest because if we are already in the minus and in case of we lose the borrowed one also it will be a double minus and headache separately. well, I know investing in Bitcoin is the best option so we can invest in it being fully relaxed but if the person from which you borrow money also needs some emergency funds then you have to return on time but the market is not allowing you to fetch your amount on that time so that's why borrowing money and investing can be proven risky. It is just a point of view. So, always invest your own money which is more recommended than investing by borrowing amount.

BabyBandit
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January 26, 2024, 05:45:02 PM
 #154

Yes I know this thread is old anyway...
I am glad for you OP that you bought BTC. But i don't understand why you need to show it and proof it for this forum?
I saw a similar thread to this somewhere like a week ago and did got like 60 merits for posting that he had bought BTC for like $30 USD.  Grin it really made my day and I was happy all day.
And also posted "Here are proofs to backup my claims." is that important here to proof others that you do something? I understand if you make a deal or something but this just seems strange.

Can anyone that is good on how this forum works find that other thread for me? You guys know what thread I speaking about I want to see it again I need some strength today!  Smiley

Popkon6
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January 27, 2024, 04:29:23 AM
 #155

I have decided to continue my involvement with investment in Bitcoin. My conviction in the importance and positive tendencies of bitcoin cannot be complete if I continue to just discuss and learn about its existence. I believe that a practical approach to learning is the best approach, hence my decision to invest in bitcoin with the  little funds I have at the moment. I also believe that little drops of water makes the mighty ocean and I'll continue my investments when  funds present itself. I wish to take my journey to another level of involvement, hence my decision. I hope and know that in the nearest future, I will be proud of the decision I am taking now. I intend Hodling my coins for a long time to avoid a repeat of my  former tragedy.

Here are proofs to backup my claims.

reference: 20543928429965520896

                  


You have started your investment journey at the right time, Bitcoin price was 48k a few days ago. Slow down from 48k to now 38k at this point if you can invest in your correct method every week then your ride will definitely be right. If you can invest your money quickly in Bitcoin at the right time, then in the next year . 2025, you can definitely increase Bitcoin by two to three times. Still the real advice is that you have made the right decision as the price of Bitcoin is sure to go up. Right now Bitcoin is waiting for halving so if you take advantage of the low price of Bitcoin before the Bitcoin halving you will definitely be successful.

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JayJuanGee
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January 27, 2024, 10:58:42 PM
 #156

I have decided to continue my involvement with investment in Bitcoin. My conviction in the importance and positive tendencies of bitcoin cannot be complete if I continue to just discuss and learn about its existence. I believe that a practical approach to learning is the best approach, hence my decision to invest in bitcoin with the  little funds I have at the moment. I also believe that little drops of water makes the mighty ocean and I'll continue my investments when  funds present itself. I wish to take my journey to another level of involvement, hence my decision. I hope and know that in the nearest future, I will be proud of the decision I am taking now. I intend Hodling my coins for a long time to avoid a repeat of my  former tragedy.

Here are proofs to backup my claims.

reference: 20543928429965520896
       
You have started your investment journey at the right time, Bitcoin price was 48k a few days ago. Slow down from 48k to now 38k at this point if you can invest in your correct method every week then your ride will definitely be right. If you can invest your money quickly in Bitcoin at the right time, then in the next year . 2025, you can definitely increase Bitcoin by two to three times. Still the real advice is that you have made the right decision as the price of Bitcoin is sure to go up. Right now Bitcoin is waiting for halving so if you take advantage of the low price of Bitcoin before the Bitcoin halving you will definitely be successful.

It would be nice to get updates when members start these kinds of threads, and it might not even matter so much if they make some mistakes along the way, yet it seems that part of the problem is that members who make these kinds of threads have hardly any staying power and probably they end up selling or discontinuing their buying.  I know people like this in real life too.. they have no ability to stick with something, even something as powerful as bitcoin.

I recall a thread in which one of the members had stopped some of his snaking, and he even had several follow ups and would have had been getting close to $100 per week invested into bitcoin, but he was doing that in 2021 when the BTC price went up and then down and then up and then back down as we know, and if guys were heavily enthusiastic in 2021, their holdings would have been in the negative for a large portion of 2022, and maybe even through most of 2023; however, at the same time, there would have had been a lot of fortune to continue to accumulate during those DOWNity periods, and perhaps even ended up bringing down their average cost per BTC.. and sure maybe even some mistakes would have happened along the way and maybe even ending up with relatively higher costs per BTC because of mistakes and maybe not buying during certain weeks that the BTC price was low (and depressing), but at the same time, a guy who started investing $100 per week in to bitcoin in the beginning of 2021 would have invested $15,700 and would have had accumulated 0.5524 BTC (current value of $23.3k-ish)... so that person would surely be in a good position right now in terms of both profits and also in terms of having a decent quantity of BTC accumulated, even though there would have been decently extensive periods of time in which such same person would have had his BTC portfolio in the negative.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
oktana
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January 27, 2024, 11:28:53 PM
Last edit: January 28, 2024, 12:10:18 AM by oktana
 #157

Yes OP, little drops of water indeed makes a might ocean. Idk what you have saved so far but looking at the date which is about 3 months ago, it’s likely that you’ve been able to accumulate more bitcoin, and that’s just how it goes. You keep buying little by little forgetting that it’s adding up, until one day when you look at the price difference and you see what Bitcoin can do.


As long as someone doesn't have the thought of borrowing money to invest anywhere, I don't think bad things like borrowing money from other people will happen when someone wants to invest very consistently with the capital they own. Because investing in Bitcoin is an investment that can be done at any time quite relaxedly without any coercion of our own will, so every decision and method we make is based on the comfort of each investor. So this will not trap someone in a bad condition at all as long as an investor is not involved in borrowing money for their own investment.

Dear, Everybody has his own plans or mentality in my case I would recommend not borrowing any money to invest because if we are already in the minus and in case of we lose the borrowed one also it will be a double minus and headache separately. well, I know investing in Bitcoin is the best option so we can invest in it being fully relaxed but if the person from which you borrow money also needs some emergency funds then you have to return on time but the market is not allowing you to fetch your amount on that time so that's why borrowing money and investing can be proven risky. It is just a point of view. So, always invest your own money which is more recommended than investing by borrowing amount.

I do not think that there is any need for the rush. Bitcoin is a volatile asset and anything can happen tomorrow, you can't be too sure. so for anyone who wants to borrow money, I think it isn't a good plan, not at all!
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February 05, 2024, 03:16:17 PM
 #158


This is actually a great time to get in into bitcoin. The price is relatively cheap and the bull run is right around the corner
[/quote]
I have been coming across this word "bull run" and I seem not to understand the word. Please enlighten me about  bull run the concept for proper assimilation.
Ricardo11
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February 05, 2024, 04:08:14 PM
 #159

Congratulations, you have started holding bitcoins. Good luck with your holding journey. Even if you start with very little money, if you do it regularly like every week using DCA method, you can take it far. I would encourage you to invest regularly using the DCA method and hold it for a long time. Keep it up, If you can continue like this, you will be able to acquire big wealth in the future. best of luck to you.

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wendty
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February 07, 2024, 05:19:25 PM
 #160

To produce a hill, you have to pile up the soil little by little. Your belief in the potential generated by Bitcoin in the future will further strengthen your determination to invest when the funds are available. The steps you take are great for saving the value of your money. Do it consistently, even in small amounts, you will feel big benefits when Bitcoin has reached the price desired by all investors.
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