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Author Topic: Well Prepared For the Bull Market And So Far In Bitcoin Investment.  (Read 497 times)
DiMarxist (OP)
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February 17, 2024, 01:03:03 AM
Merited by pooya87 (5), Moreno233 (5), The Cryptovator (2), Inior (2), tabas (1), DdmrDdmr (1), radjie (1), SamReomo (1), Ojima-ojo (1), Dr.Bitcoin_Strange (1)
 #1

My Bitcoin Investment
I thanks God I am back to continue the knowledge of bitcoin and it Blockchain, within this period which I was absent from the forum, I have learn more and I have also taught many people and some of them also invested in bitcoin some times I used some of the good quality posts for reference, I have not stopped my learning. And today I am a good investor. So far so good I have invested 0.05494075 BTC.
.

In January 1, 2023, I made my first purchased of bitcoin My First Bitcoin on the New Year Day 2023. and after that I purchased it massively when the price was low as $23+k as of of early (first 4 months) 2023 and after then I used DCA to accumulate every week and month and today I have a good number or amount of bitcoin for my level. And I am not competing with anyone but to my level. I have bitcoin now.  I was planning to have 1 bitcoin but at a time the school expenses were much so I have to stop and hodle the once I have acquired.

I think this is the time for me to excite my joy. I have invested some reasonable amount of bitcoin before the halving and the Bull Market. At first I was keeping my coins in the Exchange where I bought my coins but later when I discovered that it is not saved for me to keep them there, then I created an Electrum wallet which I have asked question on it last year , so I transferred all the coins to the newly created wallet and printed out the seed phrase and laminated it and keep it in a safe place and also photocopy two extra and store it in different locations. I will like to thanks those who taught me wallet from one way or the other in the forum. Such as LoyceMobile, NeuroticFish, Charles-Tim, joniboini, Rruchi man, SquirrelJulietGarden, Peanutswar.

And special greeting to The Cryptovator, The Sceptical Chymist, rby, Rikafip, SamReomo, GeorgeJohn, CryptoHeadlineNews, Dr.Bitcoin_Strange, Franctoshi, Sandra_hakeem, Eh Moo Nah, SmartGold01, Mpamaegbu, Adbitco. Thanks you all.

DiMarxist.

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Ojima-ojo
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February 17, 2024, 01:12:49 AM
 #2

Welcome back It is good to see that you are making progress and in good spirits, staying motivated to continue to hold any portion of Bitcoin is a welcome development, I believe your cool-off time while you were away from the forum has given you the chance the save up for a time like this.


I am happy that you have that much spare cash at hand to be able to have bought that amount of Bitcoin,  to mark and celebrate your welcome back to the forum.

R


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GreatArkansas
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February 17, 2024, 01:19:37 AM
 #3

Congrats OP.
Now your next assignment is how to become "diamond hands".
Where it will help you to keep calm, avoid FUDs, and panic sell.

If you have a plan to sell that stash in the future, avoid looking at Bitcoin prices from time to time. Go find some leisure to avoid looking at charts always  Wink

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Yamane_Keto
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February 17, 2024, 03:03:53 AM
 #4

Congratulations, happy with your achievement and I hope you collect the largest amount of Bitcoin to achieve your dreams, but do not disclose what you have of Bitcoin. It is just like going to a crowded road and saying out loud that you have $20,000 in your pockets. scammers will now try to access your phone to steal what you have, so be careful.

Announce your rank up, merit or any achievements that makes you feel great!

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btc78
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February 17, 2024, 03:33:55 AM
 #5

Wow! After a year, you have acquired this much bitcoin and it was through DCA as well. I would say that that is really admirable and inspiring especially for those who do not think they can’t afford bitcoin. In just a year or maybe even less, you could accumulate bitcoin depending on how much you want to have.

This makes me want to work even harder and try to have as much bitcoin as you have now. While it is truly such an amazing milestone, I would advise for you to not share exactly how much bitcoin you have. The world is a dangerous place and whether that is on the internet or somewhere else, there are still lots of ill-intentioned people.

I am wishing you all the best and good luck!

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February 17, 2024, 05:29:19 AM
 #6

My Bitcoin Investment
I thanks God I am back to continue the knowledge of bitcoin and it Blockchain, within this period which I was absent from the forum, I have learn more and I have also taught many people and some of them also invested in bitcoin some times I used some of the good quality posts for reference, I have not stopped my learning. And today I am a good investor. So far so good I have invested 0.05494075 BTC.

Wow. good job sir! I think your nice story illustrates how a simple man with a humble means can still make it big with Bitcoin investing. I know that saving money for cryptocurrency is not an easy task since we are dealing also with the reality of rising cost of living - like inflation everywhere is so real. Now, despite these many challenges hampering us everyday you never give up and continue your dream of owning Bitcoin just before the coming halving in April. What are the reasons for accumulating Bitcoin...is it to use it for future plans?

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Mpamaegbu
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February 17, 2024, 06:16:27 AM
 #7

OP, you've done well for yourself and that's because you were intentional in your action from the beginning. Keep it up. You know what that BTC value amounts to in our local currency. It's not even done yet. It's just about to start spiking. You got in at a good time. I hope you already have a level you want to start taking profit before the noise begins. The excitement will make many overstay in the market. Once the excitement begins you may be tempted to get more greedy and that's not  good. I said when to start taking profit and that's because you don't want to quit the market at once. Take profit gradually once it touches your line of exit because it can still go way past it and you don't want to be on the sidelines with remorse.

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DiMarxist (OP)
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February 17, 2024, 08:23:52 AM
 #8

If you have a plan to sell that stash in the future, avoid looking at Bitcoin prices from time to time. Go find some leisure to avoid looking at charts always  Wink
Thanks for this great advice. My investment is for long term though I will temper small unit of bitcoin in this forthcoming bull market but my main target is the next bull market which will be occurring in the year 2029 to 2030. I am not even looking at the chart or the price.

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February 17, 2024, 08:40:06 AM
 #9

This is a nice step to move forward ahead in preparation for the bullrun, while some are making noise and doubting about bitcoin, we still found in as many as possible eager and ready to use the digital network for an investment, I know you will never regret this decision and when you've come to the apex of bullrun profitability, others will be wondering if you actually could made such income through your bitcoin investment or not, keep holding and ensure that you don't make the mistake of using a custodial means of storage.

R


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tabas
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February 17, 2024, 09:02:26 AM
 #10

First congratulations to you. Next, I admire your bravery for showing how much you've got. While you are suppose to keep it on your own on how much you're holding but then, you've shown your actual balance and how much you've got. Do you have real life friends in the forum? If so, then they now have an idea on how much you've been holding. While we suggest and advocating Bitcoin and we're optimistic on it for people investing on it. But then, we should also be careful with what we're showing onto public forums like this. Although it's likely that no one is going to know how in real life but it's more of a safe practice about things related to investments and shall remain low profile.

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February 17, 2024, 09:54:42 AM
Merited by $weetne$$ (1)
 #11

A good decision. You made several good decisions here. First, you started learning before investing. This is very necessary for any new investor to understand the market in which he intends to invest.

You also made a good decision when you transferred your assets from the central exchange to a secure wallet where the seed and private key can be kept in a safe place away from the risks and problems of central exchanges.

In addition to that, continuing the DCA policy in the long term is also a very good decision because holding in the long term is better than speculation and exposure to losses due to fluctuations.

Congratulation.

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February 17, 2024, 10:20:07 AM
 #12

Regarding your first time purchased bitcoin In January 1, 2023 seems today have raise more than 100% profitable because bitcoin success break out above $52k, its so excited when many people confidence and believing bitcoin still in worth position to buy. Congrats OP for your achievement as bitcoin investor and really braveness keep invest bitcoin during many people worry when bitcoin have been dropped under $20k and they are have bad opinion with bitcoin will get drop again in the future.
Right now your bitcoin investment values success raise up to $2787 and there are has potential increasing more higher price in the future exactly  bitcoin halving can make significant increasing bitcoin price, hold it and believing your bitcoin investment get chance raise up more than $10k values.

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February 17, 2024, 10:50:56 AM
 #13

2023 is indeed an ideal year to make purchases in Bitcoin, meaning that for beginners who already have a basic foundation for investing, at that time 2023 is still considered ideal. especially after the massive adoption from various large institutions and quite a few negative issues that give us discounts when buying. now 2024 is going well and according to expectations. OP you have done a method that is suitable for anyone and DCA is able to provide a gap between looking at profits, usually when I do DCA every week I record how much I spend and at what price I enter. Because by having notes we can evaluate from DCA to the next DCA.

Continue and continue to maintain what you have now with the belief that your struggle from the start of buying can be paid off in 2024.

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February 17, 2024, 10:59:09 AM
 #14

From here we can really see how DCA itself works, you've made an impressive accumulation, mate. We still have a long way to go, so keep holding onto what you have now.

My investment is for long term though I will temper small unit of bitcoin in this forthcoming bull market but my main target is the next bull market which will be occurring in the year 2029 to 2030. I am not even looking at the chart or the price.

Bitcoin (BTC) is more than just trading, that's the insight I've inspired so far, maybe in the next halving we'll see Bitcoin (BTC) hit $100K and your investment will be around $5.7K. It will get bigger as your weekly accumulation continues, well, it would be a beautiful story if we actually go to the moon during the next halving Smiley.

R


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February 17, 2024, 11:30:10 AM
 #15

You are on the right path, congratulations on that and for making an effort to study bitcoin and its entire financial system more.

I always say this: with knowledge of bitcoin cycles you are capable of completely changing the reality of your life

You are in the best time to increase your financial wealth, I also suggest that you study so that when the market turns into a bear market you can manage your money well

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February 17, 2024, 11:41:47 AM
 #16

Welcome back and congratulations on your achievement. There are few things in life that one should be proud of having and I don't think I'd be wrong if I say Bitcoin is one of the them. You've done a great job and you should keeping hoarding your stash and offload during the bull run in other to get a good value of your investment. But if the goal is to acquire 1 BTC, then you just have to keep accumulating at every slightest opportunity you get to make this happen. Congrats once again.

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February 17, 2024, 12:43:05 PM
 #17

Well, first, congratulations! Because you keep on learning about bitcoin investments, you may stop at one point, but the important thing is that you keep on pursuing bitcoin or your passion. You have to stay dedicated to bitcoin investment as it is hard to deal with. It will take time and effort for you to master it or to even earn efficiently. And from the looks of it, you've gained quite an amount of bitcoin; it is a big or good amount of holdings. I hope you keep on holding that as the exciting event will come, and I'm sure your holdings will increase more. Same as you, I have quite a few holdings, but not as many as yours, but investment is investment, no matter how big or small. As long as you are dedicated and believe in bitcoin, you will be rewarded, be patient, and win the next bull run.

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February 17, 2024, 01:03:20 PM
 #18

Congratulations on holding on to the stash and believing in Bitcoin. There are two roads that you have now, either keep accumulating to get to the target of 1BTC or offload your stash in the next bull run. I think you need to keep the stash and accumulate more till you reach 1BTC as that would be a big profit in the coming years. In the end, I would say what you have done is not possible for anyone, someone like me would have offloaded everything and still be not happy with the outcome. You have demonstrated patience and clarity, resulting in a positive outcome. Your future accomplishment should be even greater than the one you achieved with your patience.

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February 17, 2024, 01:14:51 PM
 #19

Congratulations on holding on to the stash and believing in Bitcoin. There are two roads that you have now, either keep accumulating to get to the target of 1BTC or offload your stash in the next bull run.

So you thank him for believing in bitcoin in the same sentence where you tell him he can dump all his BTC in the next bullrun. This does not make sense at all, since you either believe in bitcoin as a payment system or you are here for the short term speculation.
Yes it is possible to believe in bitcoin and still trade it against fiat, but to accumulate and then sell everything ist just pure gambling.
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February 17, 2024, 01:37:31 PM
Last edit: February 17, 2024, 01:59:43 PM by pakhitheboss
 #20

Congratulations on holding on to the stash and believing in Bitcoin. There are two roads that you have now, either keep accumulating to get to the target of 1BTC or offload your stash in the next bull run.

So you thank him for believing in bitcoin in the same sentence where you tell him he can dump all his BTC in the next bullrun. This does not make sense at all, since you either believe in bitcoin as a payment system or you are here for the short term speculation.

Do you have a problem with me asking OP to look at his profit? If you can't understand someone's pride or fate, then you shouldn't reply in such a manner. Of course, you have your agenda like others similar to you whom I have faced more times than I can recall.

Why he can't dump his stash? He is the one who invested to get that stash of Satoshi? Are you talking in your senses if not then you are one of the biggest arrogant and out-of-the-world hypocrites.

I gave him a suggestion that doesn't mean he would follow it. If you have any issues with it then you are impossible to understand. A suggestion doesn't mean that the OP would work on it. And why not dump Bitcoin to achieve one goal, the result is to find financial freedom and nothing more. If you have any issues with it then speak out.

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