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Author Topic: help me not to leave btc  (Read 845 times)
Fara Chan
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December 16, 2023, 10:38:11 AM
 #121

op I agree with you. Because the best way to invest is to invest in Bitcoin. But you have to keep in mind that Bitcoin is risky. When it comes to Bitcoin investing, you must have a long-term plan. Long-term planning with patience is very positive for Bitcoin Binos. Best of luck to you of course
I think each risk just needs to be understood without being afraid of it so that it makes other people feel reluctant to invest in Bitcoin. Because Bitcoin is a very good currency and is able to provide quite a lot of profits to those who have invested in any trend to date, so there is no need to be afraid of risks because in all jobs in terms of seeking profits there are always risks. So we just need to understand it so we can take steps to avoid it when the market trend starts to change for the worse, but if you are still very patient with that risk, I don't think there is a need to avoid it like people who panic.

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redsun114
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December 17, 2023, 10:25:43 AM
 #122

I'm a 19-year-old boy living in South Korea and now btt, doge, shiba inu, etc.. have skyrocketed in just a few hours on our country exchange 'upbit'. A little fomo is coming. I can't believe it's gone up more than a months I've invested in bitcoin. I personally don't want to invest in other coins, as I think bitcoin is superior.
What kind of mindset should I have to stay in Bitcoin? And I think Bitcoin is about to hit the highest price ever, so how should I plan my dca strategy?
I'm not aware yet that those coins you mentioned are now sky rocketing. I guess I'm too much focused on Bitcoin, and then it only happened earlier, so not many people in the forum are posting it yet. The reason on why it happened were maybe because of BTC's performance nowadays. It's also rising consistently and reached this far (its current value which is at $40k something).

If you think a FOMO is coming, then don't join it, because it's not good. But what you think about BTC right.  There is nothing wrong with your mindset. Just continue that mate, and I'm sure you will be successful soon on this venture you are having now. And yes, you can do a DCA if you haven't yet.

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December 17, 2023, 10:46:59 AM
 #123

What kind of mindset should I have to stay in Bitcoin? And I think Bitcoin is about to hit the highest price ever, so how should I plan my dca strategy?
Since you know that bitcoin is superior than every other coin you have to stick to this mindset , I think this is evidence for you to know that it is best to invest in bitcoin than other coin. If you make your research and check bitcoin market history it is a proof to see bitcoin is most preferable coin to think about to invest. Invest in bitcoin and you won't get dissapointed if you hodl for the bull market which will yield profit for your investment.
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December 19, 2023, 02:31:32 AM
 #124

I'm a 19-year-old boy living in South Korea and now btt, doge, shiba inu, etc.. have skyrocketed in just a few hours on our country exchange 'upbit'. A little fomo is coming. I can't believe it's gone up more than a months I've invested in bitcoin. I personally don't want to invest in other coins, as I think bitcoin is superior.
What kind of mindset should I have to stay in Bitcoin? And I think Bitcoin is about to hit the highest price ever, so how should I plan my dca strategy?
after 10 days now  , have you decided what to do or what is your stand now? because you seemed to be overreacting to how those Memecoins acted and even calling them Skyrocketed , do you even understand the word Skyrocket in crypto?
and also I wonder why having second thoughts in bitcoin , how long have you been holding your bitcoin and from how much have you bought them?
because Bitcoin even have its own High Jump from 20k level and now to 40k and growing so how much are we talking here?
that you are being bored in bitcoin to be in altcoins?
op I agree with you. Because the best way to invest is to invest in Bitcoin. But you have to keep in mind that Bitcoin is risky. When it comes to Bitcoin investing, you must have a long-term plan. Long-term planning with patience is very positive for Bitcoin Binos. Best of luck to you of course
that is the problem with people who does have trust in what he seems to believe , sad but reality .

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December 19, 2023, 04:15:45 AM
 #125

What kind of mindset should I have to stay in Bitcoin? And I think Bitcoin is about to hit the highest price ever, so how should I plan my dca strategy?

I think it's easy for you to stay on the main path to continue using BTC as an investment option. and when you use DCA as a strategy, consider it periodically with allocation of funds that are truly free, meaning it is connected to other needs and continues to be updated, where spikes in BTC prices in the market can always occur.
     

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December 19, 2023, 03:12:55 PM
 #126

I'm a 19-year-old boy living in South Korea and now btt, doge, shiba inu, etc.. have skyrocketed in just a few hours on our country exchange 'upbit'. A little fomo is coming. I can't believe it's gone up more than a months I've invested in bitcoin. I personally don't want to invest in other coins, as I think bitcoin is superior.
What kind of mindset should I have to stay in Bitcoin? And I think Bitcoin is about to hit the highest price ever, so how should I plan my dca strategy?

Don't focus so much on the moment, FOMO is always going to be an issue if we focus only on the small picture. It's better to take a step back and look at the whole story. We should remind ourselves where the bitcoin journey started and that it's not going to end any time soon. The bitcoin price had such a good last few months and seems to be holding his gains quite well. After the jump above 40,000 USD I was a bit afraid that many investors would take profits and dumb most of their coins. Luckily this wasn't the case and investors believe in higher prices in the future. There will always be a few people that need money quickly and will sell there coins when there is a good opportunity. For me, I would try to look at the bigger picture. We are still far away from the ATH, there is a lot of upside potential left in the market. Also, the halving is coming up next year putting more pressure on bitcoin to rise. On top of that is the economic outlook for 2024 not that great, if there are issues with economy or another crisis, people will have to put their money someone. Selling stocks seems like the instant reaction, but cash is not attractive with the high inflation and gold is at it's ATH. Crypto currencies and especially bitcoin seem like the only real alternative.
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December 19, 2023, 03:22:15 PM
 #127

I'm a 19-year-old boy living in South Korea and now btt, doge, shiba inu, etc.. have skyrocketed in just a few hours on our country exchange 'upbit'. A little fomo is coming. I can't believe it's gone up more than a months I've invested in bitcoin. I personally don't want to invest in other coins, as I think bitcoin is superior.
What kind of mindset should I have to stay in Bitcoin? And I think Bitcoin is about to hit the highest price ever, so how should I plan my dca strategy?
Bitcoin price will surely rise to the highest price again so it is not bad to invest in it for long term.  You won't get guaranteed profit from other coins and you won't get guaranteed profit from Bitcoin either, but with the history we have seen of Bitcoin in the past, it is expected that Bitcoin will not disappoint you in long term investment.  So stick to the fact that you avoid other sheetcoins and invest only in Bitcoin.  And of course DCA is a good strategy because it saves you at least one big loss


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December 19, 2023, 03:29:35 PM
 #128

op I agree with you. Because the best way to invest is to invest in Bitcoin. But you have to keep in mind that Bitcoin is risky. When it comes to Bitcoin investing, you must have a long-term plan. Long-term planning with patience is very positive for Bitcoin Binos. Best of luck to you of course
I think each risk just needs to be understood without being afraid of it so that it makes other people feel reluctant to invest in Bitcoin. Because Bitcoin is a very good currency and is able to provide quite a lot of profits to those who have invested in any trend to date, so there is no need to be afraid of risks because in all jobs in terms of seeking profits there are always risks. So we just need to understand it so we can take steps to avoid it when the market trend starts to change for the worse, but if you are still very patient with that risk, I don't think there is a need to avoid it like people who panic.

You know, dude, this is just a friend's advice. No matter what belief you have in Bitcoin, whether you are deep or shallow in it, you must be convinced by yourself, not because of what others have told you to stay here.

Ours is like a second opinion, which is where you should first believe your belief in Bitcoin and why you want to hold it long-term. You should already know the answer to this question, and you should know what stance you have on Bitcoin. I hope you get my point, dude.


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December 26, 2023, 08:38:07 AM
 #129

Bitcoin price will surely rise to the highest price again so it is not bad to invest in it for long term.  You won't get guaranteed profit from other coins and you won't get guaranteed profit from Bitcoin either, but with the history we have seen of Bitcoin in the past, it is expected that Bitcoin will not disappoint you in long term investment.  So stick to the fact that you avoid other sheetcoins and invest only in Bitcoin.  And of course DCA is a good strategy because it saves you at least one big loss

Simple people must have an understanding of making a profit from any coin and if they are the type of person who doesn't like being at risk then Bitcoin is the right place.
Even though there are risks in investing in bitcoin, the profits have the power to recover and that is why people view bitcoin as a promising investment.
Other coins have big risks, especially if someone does not have the ability to analyze the coin's journey and this is the problem because people think they are looking for quick profits by getting involved in other coins.

For this reason avoiding shitcoins is a step to maximize losses because not everyone has the knowledge to analyze the journey of certain coins. If you think shitcoins can generate big profits then people need to learn more about getting involved in them.

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December 26, 2023, 09:46:26 AM
 #130

I'm a 19-year-old boy living in South Korea and now btt, doge, shiba inu, etc.. have skyrocketed in just a few hours on our country exchange 'upbit'. A little fomo is coming. I can't believe it's gone up more than a months I've invested in bitcoin. I personally don't want to invest in other coins, as I think bitcoin is superior.
What kind of mindset should I have to stay in Bitcoin? And I think Bitcoin is about to hit the highest price ever, so how should I plan my dca strategy?
Bitcoin price will surely rise to the highest price again so it is not bad to invest in it for long term.  You won't get guaranteed profit from other coins and you won't get guaranteed profit from Bitcoin either, but with the history we have seen of Bitcoin in the past, it is expected that Bitcoin will not disappoint you in long term investment.  So stick to the fact that you avoid other sheetcoins and invest only in Bitcoin.  And of course DCA is a good strategy because it saves you at least one big loss
Well investing in Bitcoin for the long term is a viable strategy given its history and potential for growth. While guaranteed profits are not assured, Bitcoin's track record suggests it could be a reliable investment over time and embracing DCA would help too. It's just important to conduct thorough research and consider diversification in the cryptocurrency but avoid shitcoins.

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