Troytech (OP)
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January 27, 2024, 11:42:50 AM |
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During my early days as a bitcoin holder, I did face many challenges and learnt some new lessons along the way. Much improvement has been made and I also believe lots of new investors or potential investors who might want to start investing or are in their early stages can learn a lot too. 👉 I've learnt not to procastinate: around 2022 when I first wanted to start buying bitcoin, I was busy procrastinating on when to start investing in bitcoin cause I was waiting for the right opportunity and price that would be good for me to start investing, I would always find myself checking bitcoin price, reading blogs about speculations, I set a target that once bitcoin reaches 10K I would start buying and this never happened, I missed so many opportunities that was so nice to start, even when bitcoin reaches 15k dip on November 2022, I didn't still buy. This procrastination and waiting for the best price really dealt with me cause I did not later end up investing in bitcoin through out that year and that was a whole year that if I started DCA with even 5% from my income at that time would have been a plus to my portfolio. So I've learnt that there is no perfect time to start investing in bitcoin, no matter the price of bitcoin you can start your investment journey, waiting would only cause to to wait more and miss opportunities that never come back. 👉Don't panic and apply discipline: during my early days as a bitcoin investor, I see the price of bitcoin fall lower than my buy point at times and my portfolio would seem as tho its On a loss, and at times this could end up happening for months or weeks and i would start to panic and end up selling my bitcoin and after a while bitcoin price would bounce back and I would end up regretting. After falling for this twice I made up my mind to be disciplined about holding bitcoin and I started building up reserves, so instead of panicking about dips, I started buying more on dips that way i felt comfortable that either way I'm still winning. 👉 Mind who you tell about your investment: there was a time i showed a friend of mine(very close) my bitcoin possessions, ever since then he would keep on asking me to sell some let's get something when ever we wanted to go out and if I refused, it would be as tho I don't want to give and most time he would just start telling me all the bad news about bitcoin and it was not very fun since he knew about my investment in bitcoin. Speaking from experience I think its not wise you tell people about your bitcoin holdings, unless you are taking investment advice from them and they are fellow holders like you, that is if you must. 👉I learnt how to manage my cashflow: prior to when I started investing in bitcoin, I saw it it important to have a good cashflow management character, i would just spend and live my life without calculating my expenses and at times I would spend money before removing my DCA allocations and this was bad because I could save, I was always in panic. I learnt how to manage my cashflow properly as I became more determined to really buy bitcoin and I became more strict with my DCA. I also started building up my emergency funds and reserves and I created a spending budget monthly that I must follow. It was hard at first tho since my former lifestyle required me to live like that cause we were more into the party life 🤭 and it also made me distance my self a bit from my old friends 🤧 👉 Always be comfortable with your investment allocation and strategy: when is started using DCA newly I used to be very aggressive , while this was not very bad, my approach was wrong. I used to pump money into bitcoin on intervals that were irregular and my allocations where also irregular. Any money I get or extra income I earned I would just pump into bitcoin and this caused me always find myself in situations where I would have to dip my hands back in my bitcoin to cover up some needs. 👉 Be among like minded individuals: taking investment advice or even telling no coiners or low coiners about my investment decision was the worst thign I did as an early investor, I was so many Reddit communities on bitcoin as a subject and when ever I say I'm DCAING into bitcoin, you would hear things like with the current price you would never make it to one bitcoin cause the price keeps rising, go and find another project and all that. This made me feel like I was the only person around that was investing in bitcoin. I really owe a lot to this forum for making it this far and finding a community where everyone is willing to help you out. I only grew thsi quick because of you guys . Who else is optimistic about the halving as I am, it would be bitcoin birthday soon, hope your all buying now ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2024%2F01%2F27%2FkYqaC.png&t=665&c=wCPAv1uT0LYMVg)
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Fiatless
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 27, 2024, 12:20:06 PM Merited by fillippone (1) |
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👉 I've learnt not to procastinate: The best time to buy Bitcoin is when you have the money to invest. Many people who wanted to buy when the price dropped to the level they wanted missed the opportunity to invest. But the best option for buying Bitcoin is through DCA. 👉Don't panic and apply discipline: If you are impatience you might never be a successful Bitcoin investor. Some people have to save from their salaries for them to be able to buy Bitcoin, which means they have to be disciplined on how they spend their money. Financial prudence is important if you want to invest. There is always news that will generate FUD, investors must be focused not minding these negative news. 👉 Mind who you tell about your investment: Do you really need to tell people that you have Bitcoin? I don't see it as a good decision because it could have some negative consequences. Bitcoin promotes privacy, therefore, it will be good to keep your hodling secret. 👉 Be among like minded individuals: My main source of information is this forum. I usually confirm the authenticity or verify the information I get from other platforms in this forum. Bitcointalk is an asset to any Bitcoiner who values quality information.
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tabas
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 27, 2024, 03:23:54 PM |
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Who else is optimistic about the halving as I am, it would be bitcoin birthday soon, hope your all buying now
Me. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) You can add to it that as a long term Bitcoin holder, you're always learning. That's how we're going to survive a long term holder because as we learn from the others, we discover new things and when we develop that, we're the ones to benefit from it. One mistake in the past that me and for sure many others did was when we're panic selling. With some bad news that's being reported on the media, that's already making us nervous. But eventually, if there's a newbie out there, you'll be able to control your emotion and don't believe with every news that you read from these crypto news media outlets. Many of them are like paid, shilled, sponsored just to put everyone who has a weak heart down and pushed to sell their holdings.
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TravelMug
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 27, 2024, 05:48:24 PM |
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Who else is optimistic about the halving as I am, it would be bitcoin birthday soon, hope your all buying now
Me. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) You can add to it that as a long term Bitcoin holder, you're always learning. That's how we're going to survive a long term holder because as we learn from the others, we discover new things and when we develop that, we're the ones to benefit from it. One mistake in the past that me and for sure many others did was when we're panic selling. With some bad news that's being reported on the media, that's already making us nervous. But eventually, if there's a newbie out there, you'll be able to control your emotion and don't believe with every news that you read from these crypto news media outlets. Many of them are like paid, shilled, sponsored just to put everyone who has a weak heart down and pushed to sell their holdings. Yes, it's a learning process to all of us, and it's going to be a curve line to us holders, and just like the OP has pointed, out there's are a lot of lessons along the way before we get to the top of the curve line, absorb everything we learn. Maybe it will take a full cycle to have everything in our belt, or maybe more to really understand and not make the same mistakes. And it's really a mind game, I mean psychology day in day out, grinding every week to just buy and HODL and then not panic if the price suddenly goes down and we see our portfolio, dwindling in value. Maybe in the beginning, we sold early, but as I have said, it's better to experience it real hand. Instead of just hearing it to HODLers that has gone to the process. Many of them are still in the forum, teaching us and hopefully, others will really learn from them.
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MFahad
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 27, 2024, 05:57:25 PM |
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👉 I've learnt not to procastinate
There is nothing wrong with looking for a good time to start making investments, however, you shouldn't keep doing that every single time. As you said, there is no perfect time to make your investment when it comes to Bitcoin, so when you see a good opportunity, start from there and you will catch up over time. Doing DCA is the best way to go with it. 👉 Mind who you tell about your investment
I agree with you about this, it's not very wise to keep telling everyone that you have bought Bitcoin or have investments in cryptocurrencies because not everyone will be happy after hearing that and most of the people you tell about it will always want that you don't have your possessions for long since they don't have any and the society can't see others going ahead of them, it's a fact.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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nimogsm
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 27, 2024, 07:07:14 PM |
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👉 I've learnt not to procastinate
There is nothing wrong with looking for a good time to start making investments, however, you shouldn't keep doing that every single time. As you said, there is no perfect time to make your investment when it comes to Bitcoin, so when you see a good opportunity, start from there and you will catch up over time. Doing DCA is the best way to go with it. 👉 Mind who you tell about your investment
I agree with you about this, it's not very wise to keep telling everyone that you have bought Bitcoin or have investments in cryptocurrencies because not everyone will be happy after hearing that and most of the people you tell about it will always want that you don't have your possessions for long since they don't have any and the society can't see others going ahead of them, it's a fact. here you are 100% right, I don’t tell anyone about what I have and how much and once again I don’t mention at all that I am somehow connected with cryptocurrencies, most often my friends somewhere in the company can say this and then I have to talk about mine knowledge or opinion about the current situation is not always true, but there are such moments. money and success love silence and it is better not to disturb them again.
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Mahanton
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 27, 2024, 07:44:53 PM |
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👉I learnt how to manage my cashflow 👉Don't panic and apply discipline
When it comes on focusing on different factors then this is where i do really make myself that focusing that much on which trying to manage your cashflow on which you should really know on when to get in and when to get out. Dont risk out on something that you arent even sure on whats happening. Any form of investment which it isnt really that limited to Bitcoin or crypto investment will really be needing this.
Being a holder is never been that easy specially if you are really that wary about those market sentiments that happening along the way. There;s no way that we wont really be that affected on which it might be causing up that kind of possible sudden decisions which might cause for you to have that kind of impulsive decisions been made on.
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tabas
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 27, 2024, 09:47:04 PM |
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Me. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) You can add to it that as a long term Bitcoin holder, you're always learning. That's how we're going to survive a long term holder because as we learn from the others, we discover new things and when we develop that, we're the ones to benefit from it. One mistake in the past that me and for sure many others did was when we're panic selling. With some bad news that's being reported on the media, that's already making us nervous. But eventually, if there's a newbie out there, you'll be able to control your emotion and don't believe with every news that you read from these crypto news media outlets. Many of them are like paid, shilled, sponsored just to put everyone who has a weak heart down and pushed to sell their holdings. Yes, it's a learning process to all of us, and it's going to be a curve line to us holders, and just like the OP has pointed, out there's are a lot of lessons along the way before we get to the top of the curve line, absorb everything we learn. Maybe it will take a full cycle to have everything in our belt, or maybe more to really understand and not make the same mistakes. And it's really a mind game, I mean psychology day in day out, grinding every week to just buy and HODL and then not panic if the price suddenly goes down and we see our portfolio, dwindling in value. Maybe in the beginning, we sold early, but as I have said, it's better to experience it real hand. Instead of just hearing it to HODLers that has gone to the process. Many of them are still in the forum, teaching us and hopefully, others will really learn from them. I admire the new investors that have the idea on how it's going when we're approaching the bull run. Those that have skipped the toughest bear market that we've been through like in 2018 or there were some more in the past, like the brutal bear market and haven't experienced it. And yet, they have full awareness on how to invest in Bitcoin and how to manage their emotions based on their research and how the market moved for the past years. They might be empty when the bull run actuall comes and when I say empty, like they'll feel what we've felt about panic selling, or having some psychological battle to their own whether they should hold longer or start selling when the prices shoot.
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The Sceptical Chymist
Legendary
Online
Activity: 3430
Merit: 6936
Top Crypto Casino
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 27, 2024, 10:36:05 PM |
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Do you really need to tell people that you have Bitcoin? I don't see it as a good decision because it could have some negative consequences. Bitcoin promotes privacy, therefore, it will be good to keep your hodling secret.
Though OP is basically an anonymous member here and didn't disclose how much bitcoin he owns or proved that he even purchased any, it's kinda too late for that advice now, wouldn't you say? This is the second thread I've seen in a couple of days by a low-ranked member in which they give generic advice and don't seem to know their audience. What OP wrote might be appropriate for a B&H thread, I think most people who frequent Speculation already know basic stuff like "don't panic", "don't procrastinate", and all that. In short, I'd say I smell a merit-grab attempt except for the fact that OP isn't in a campaign and hasn't been all that active since he registered. If this is well-meaning advice, I feel like I'm being given advice by a typical 20-something Youtuber who thinks he's got it all figured out and wants to share his "wisdom". No offense, OP.
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Troytech (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 28, 2024, 12:14:31 AM |
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Though OP is basically an anonymous member here and didn't disclose how much bitcoin he owns or proved that he even purchased any, it's kinda too late for that advice now, wouldn't you say?
This is the second thread I've seen in a couple of days by a low-ranked member in which they give generic advice and don't seem to know their audience. What OP wrote might be appropriate for a B&H thread, I think most people who frequent Speculation already know basic stuff like "don't panic", "don't procrastinate", and all that. In short, I'd say I smell a merit-grab attempt except for the fact that OP isn't in a campaign and hasn't been all that active since he registered. If this is well-meaning advice, I feel like I'm being given advice by a typical 20-something Youtuber who thinks he's got it all figured out and wants to share his "wisdom".
No offense, OP.
None taken, moving it right away 😌
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████████████████████ BitList ████████████████████ Real-Time Data Tracking Curated by The Community │││││││││││││ List #kycfree Websites │││││││││││││
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hd49728
Legendary
Offline
Activity: 2184
Merit: 1044
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 28, 2024, 03:56:35 AM |
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Go straightly with OP.
You can share your lesson and experience if you already have been in this market like 4 years and more. One market cycle is four years and it depends on when you join this market, you will have to need 4 years or more to go through one full market cycle to understand it.
Bull years and bear years are different and if you only experienced bull or bear years, your lesson will lack of many things to share. If you did not experience in the market long enough, you can not call yourself a s a long term holder because panic, fear can trigger you to exit this market anytime.
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Troytech (OP)
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Go straightly with OP.
You can share your lesson and experience if you already have been in this market like 4 years and more. One market cycle is four years and it depends on when you join this market, you will have to need 4 years or more to go through one full market cycle to understand it.
I don't think so, I Don't have to go through 4 years to learn something as a holder although I might have really gone through a lot, but if you think I've learnt nothing for the past six to eight months, then you must be be joking, ive seen people quit after two months, for me to stay this long at least it requires discipline, a solid long term plan, and some experience, you can't expect me share all my transaction receipts to prove I hold bitcoin or have bought any, but at least, beign on this forum for a while now and the thread I engage in, should give you a tip. So going around saying someone has to have four years of experience to learn stuff, is totally wrong bro, and I don't think your right. If you said something like your more advanced than me I would feel okay but saying I'm to young to share knowledge is same as saying a newbie can't teach anything. And moreover I'm not teaching or giving advice, just sharing my lessons learnt. And thanks for your comment. Helpful in a way. But next time instead of criticising, teach me or show me what I've learnt wrong, instead of just saying shit and it's so annoying to see a legendry member of this forum behave like a full or senior member, at show that you have knowledge by saying helpful stuff to the thread instead of talking down on everything.
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Issa56
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 28, 2024, 02:53:19 PM |
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👉 I've learnt not to procastinate:
Procrastination is what have been killing most people, some of them do set target that when bitcoin dumps to a particular price, they are going to buy, but don’t be surprise that if bitcoin dumps below the price, they will never buy, they will end up setting another target for themselves. Lots of of people have missed out just because an of procrastination, if you want to invest in bitcoin and you are scared if the price will end up dumping more, then you can divide your money in parts and start accumulating gradually. 👉Don't panic and apply discipline:
When bitcoin price dumps, most people do panic and sell of their bitcoin which is very wrong, if bitcoin price dumps, you can just use the opportunity to accumulate more bitcoin, and if you don’t have money to accumulate, then you should just hold, don’t panic to selling your holdings, no matter how bitcoin dumps, with time it’s going to bounce back, so if you are holding bitcoin and bitcoin dumps, don’t panic. 👉 Mind who you tell about your investment:
Your investment should be kept as secret, you shouldn’t disclose the amount you have to people around you, be cause some of them might end up planning bad things for you, not everyone you think they are your friends are truly your friends, some of them claim to be your friend, but they are not. You can tell them about bitcoin investment, and you can encourage them to invest, but don’t tell them the amount you are having.
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nakamura12
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 28, 2024, 03:12:25 PM |
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I don't think so, I Don't have to go through 4 years to learn something as a holder although I might have really gone through a lot, but if you think I've learnt nothing for the past six to eight months, then you must be be joking, ive seen people quit after two months, for me to stay this long at least it requires discipline, a solid long term plan, and some experience, you can't expect me share all my transaction receipts to prove I hold bitcoin or have bought any, but at least, beign on this forum for a while now and the thread I engage in, should give you a tip.
It is not necessary to show your transactions just to prove you own a Bitcoin in your wallet. I think you know why it is not necessary to show your wallet that it contains Bitcoin. We all have our choices on what level we want with our privacy either we never share anything you own or even a small information and other things that you won't share except your wallet address for receiving Bitcoin.
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Sim_card
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January 28, 2024, 05:14:18 PM |
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OP, when was your early day that you started your bitcoin journey, because you said that you used 2022 for procrastination, so what it 2023 that you finally started to invest in bitcoin, and you have all these experiences within a year. It means that you don't have any ecp9yet because you haven't hodli for up to 18 weeks and you are sounding like some one who has a whole hell of experience. It is after you have hodli for 4yrs a complete circle and above that is when you can say that you are a holder, because currently, you are still a short-term investor. Discipline, self determination, patience, consistency, and persistent with turning deaf years to whatever people say about bitcoin is the way forward to a long term investment goal.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Troytech (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 28, 2024, 06:01:46 PM |
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OP, when was your early day that you started your bitcoin journey, because you said that you used 2022 for procrastination, so what it 2023 that you finally started to invest in bitcoin, and you have all these experiences within a year. It means that you don't have any ecp9yet because you haven't hodli for up to 18 weeks and you are sounding like some one who has a whole hell of experience. It is after you have hodli for 4yrs a complete circle and above that is when you can say that you are a holder, because currently, you are still a short-term investor. Discipline, self determination, patience, consistency, and persistent with turning deaf years to whatever people say about bitcoin is the way forward to a long term investment goal.
If you actually read through what I said then you would notice that this stuff are easy to come buy, there is never a place I claimed to be a pro or the longest term holder, as the title says "the lessons I've learnt" I never said the lessons everyone has learnt, Im only saying what I've experienced so far and I think any newbie that has been into crypto for at least 6 months should know this stuff. And when I see comments like this I wonder if any of you are actually reading anything or just jumping straight to judgement, anyway typically what i expected. I'm not claiming to be too knowledgeable, just sharing experience, you can either believe or not.
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lovesmayfamilis
Legendary
Offline
Activity: 2184
Merit: 4471
✿♥‿♥✿
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 28, 2024, 06:21:32 PM |
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If you actually read through what I said then you would notice that this stuff are easy to come buy, there is never a place I claimed to be a pro or the longest term holder, as the title says "the lessons I've learnt" I never said the lessons everyone has learnt, Im only saying what I've experienced so far and I think any newbie that has been into crypto for at least 6 months should know this stuff.
And when I see comments like this I wonder if any of you are actually reading anything or just jumping straight to judgement, anyway typically what i expected. I'm not claiming to be too knowledgeable, just sharing experience, you can either believe or not.
OP, don't be angry. You are doing well. At least much better than many newbies. If I read your posts, I can see that you are following the discussion. Some threads are interesting to read, and your discussions JayJuanGee indicate that you are learning and doing well. Put on a thick skin and don't react too strongly to criticism. In this way, you become stronger. Good luck. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Lukmanfirdaus1
Member
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Offline
Activity: 242
Merit: 37
hallo world ^_^
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 28, 2024, 06:36:21 PM |
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If I use the accumulation system bro, I continue to accumulate my bitcoins from month to month, every payday I will leave 10% of my salary to buy bitcoins, if the price corrects I will buy 2x as usual. I don't really care about technical analysis. What I do is keep buying and buying again. Until now I have not sold any of my Bitcoin, only once I sold my Bitcoin at $600 8 years ago. I decided to become a long-term holder specifically for Bitcoin,
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Troytech (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 29, 2024, 12:39:44 AM |
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If you actually read through what I said then you would notice that this stuff are easy to come buy, there is never a place I claimed to be a pro or the longest term holder, as the title says "the lessons I've learnt" I never said the lessons everyone has learnt, Im only saying what I've experienced so far and I think any newbie that has been into crypto for at least 6 months should know this stuff.
And when I see comments like this I wonder if any of you are actually reading anything or just jumping straight to judgement, anyway typically what i expected. I'm not claiming to be too knowledgeable, just sharing experience, you can either believe or not.
OP, don't be angry. You are doing well. At least much better than many newbies. If I read your posts, I can see that you are following the discussion. Some threads are interesting to read, and your discussions JayJuanGee indicate that you are learning and doing well. Put on a thick skin and don't react too strongly to criticism. In this way, you become stronger. Good luck. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Thanks for your advice really helpful 👍, I guess I'll always expect stuff like this If I use the accumulation system bro, I continue to accumulate my bitcoins from month to month, every payday I will leave 10% of my salary to buy bitcoins, if the price corrects I will buy 2x as usual. I don't really care about technical analysis. What I do is keep buying and buying again. Until now I have not sold any of my Bitcoin, only once I sold my Bitcoin at $600 8 years ago. I decided to become a long-term holder specifically for Bitcoin,
Are you referring to DCA by accumulation system?, not bad but I think you could even triple your result with a little planning and learning. And if you've been this long in bitcoin, I guess i dont have matching experience to teach you but you can always learn from more experienced people on the BUY THE DIP AND HODL THREAD. 👉 I've learnt not to procastinate:
Procrastination is what have been killing most people, some of them do set target that when bitcoin dumps to a particular price, they are going to buy, but don’t be surprise that if bitcoin dumps below the price, they will never buy, they will end up setting another target for themselves. Lots of of people have missed out just because an of procrastination, if you want to invest in bitcoin and you are scared if the price will end up dumping more, then you can divide your money in parts and start accumulating gradually. It's just like trying to catch a falling knife, most people wants to buy at the lowest entry point, and forget the fact that we can't really predict much about the market, in my case I set a target when I saw Bitcoin price falling, but it never reached my target and that's how I lost better opportunities to have bought at a low price, at 15k then, and I don't think bitcoin would be reaching such a low price in a very long time.
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hd49728
Legendary
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Activity: 2184
Merit: 1044
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January 29, 2024, 01:43:46 AM |
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I don't think so, I Don't have to go through 4 years to learn something as a holder although I might have really gone through a lot, but if you think I've learnt nothing for the past six to eight months, then you must be be joking, ive seen people quit after two months, for me to stay this long at least it requires discipline, a solid long term plan, and some experience
I did not say you did not learn anything with your time in this market but I advised you to calm down and don't feel like you have to hurry to share your experience and teach other newbies. Because with your limited experience, what you teach maybe is not right and will mislead other newbies. It's always easy to just say about something you read assumed to legendary members or articles and you come here to share it with your own words. If you have yet experienced it by yourself, it's just saying and you even did not completely understand it. That's reason I told you to come back after you already experience bull and bear market because each market type has different risk and opportunity and lesson for you. you can't expect me share all my transaction receipts to prove I hold bitcoin or have bought any, but at least, beign on this forum for a while now and the thread I engage in, should give you a tip.
Did I ask you any evidence of your investment or profit? I did not expect any evidence from you.
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