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Author Topic: Well Prepared For the Bull Market And So Far In Bitcoin Investment.  (Read 504 times)
LesterD
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February 17, 2024, 01:52:38 PM
 #21

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.
Believing in Bitcoin doesn't necessarily mean that you have to hold onto it for a long time. If someone invested in Bitcoin and made a profit during the next bull run, even if they just recently made their investment, they can sell it to experience their profit. This is not nonsense, it's common sense because why would anyone want to continue holding onto something when they have already made a profit?

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February 17, 2024, 05:09:46 PM
Merited by fillippone (1)
 #22

Wow! I must say I really envy you and not in a bad way though but in a good way because this is exactly what I have intended in doing although am a little slow in the buying aspect and I must say sometimes the price also scares me because its almost as if someone starts buying again the price won't go higher and I think many newbie are also on this particular thought but as it seems Bitcoin is actually heading for massive bull run and 51k that the price is now is just a stepping stone so I will also encourage myself and everyone who dreams of accumulating such to forget about the price now and start buying and again congrats to you on your holdings and being back to continue your journey.

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February 17, 2024, 05:17:35 PM
 #23

Is good to learn and this forum is one kind of place that will expand your knowledge of investment in bitcoin, some people have make money for people invested for long time, I could remember the time that invested in Bitcoin when I opened my gas station all those payments I made with bitcoin as of that time continue to rise, and I keep on watching the coins if will depreciate, at a time bitcoin dropped I regretted why I refused to withdraw the my bitcoin, but I summons courage to leave my coins and continue to tell customers to continue buying my gas with bitcoin, now bitcoin has rise and I can see that I'm making profits from the payments my customers made with bitcoin.

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February 17, 2024, 07:10:31 PM
 #24

I'm very happy to see that you have finally shifted to Electrum wallet and saved your private keys and seed phrase in private locations. You now own your coins because the keys are yours, trust me as long as you don't tell anyone about those keys and seed phrase then you are safe. I wish you best of luck and hope to see you getting more mature as a Bitcoin investor. I also hope that you may have good return from your investment.

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February 17, 2024, 07:57:12 PM
 #25

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.

Congratulations Dimarxist, you story is an inspiration and I'm happy you have gotten back your account to continued been a part of the forum. You have accumulated some Bitcoin and this is encouraging for other members of the forum like myself. Your current amount is a dream for someone like me, I have also being accumulate Bitcoin but my target has been $70 monthly and I have bought for some months and I'll keep buying more Bitcoin until I have gotten upto one Bitcoin then I can relax. It'll take me some years because I have other things that I'm using money for but as I'm investing in Bitcoin I know I'm securing my future therefore I won't give up. Investing in Bitcoin is better than investing in any other type of investment currently and this isn't just because of the halving that's coming and the bull market but because Bitcoin is a rare investments that can make you alot of profits while you're enjoying the unique quality of using Bitcoin.

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February 17, 2024, 08:00:48 PM
 #26

So far so good I have invested 0.05494075 BTC.
.

Once upon a time, I intended to do this, but I found a comment from o_e_l_e_o that discouraged me from exposing my investment information or the particular value of Bitcoin that I hold.You can read below about the comment I just made a few days ago.

Right on this forum, I have also written many comments concerning this issue of sharing one's cryptocurency investment information with others. Even sharing your investment information with your kids when they are not yet adults is risky because children talk a lot, and you don't know where or whom your child will be giving that information to. 

For example, if you told your child what Bitcoin is and also told him or her that you have 100 bitcoins, let's say in school or in a random place, the child is having a conversation with their friends, and he ends up saying, "My daddy told me he has 100 bitcoins and that the bitcoins will make us very rich." If, as the child was making such a speech, a scammer overheard it and decided to start tracking the kid, what would be the end result of such a situation? (I believe we all know how it can only end.). 

I can actually tell people or even teach many people about Bitcoin, which I have been doing, but the mistake I have not made is to tell them the amount of Bitcoin I am holding. Even in my business, I accept Bitcoin payments. Most people ask me what I do with those Bitcoins, and I just tell them that I usually sell them to Fiat, which enables me to buy more goods. But that's not the truth. I still have my strategy, which is why I am able to hold a large sum of Bitcoin.

I will suggest you read the topic.
STOP telling people how much Bitcoin you have


I am not usually in support of making public the particular amount of Bitcoin that is in the possession of Bitcoiners, because you might just be keeping a lead for scammers to attack you, or perhaps someone may already know you in person and could just be gathering information to lay down on you. Trade with caution, man. 

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February 17, 2024, 08:02:58 PM
 #27

If you're here for years then you should know what to do, now that bullmarket is happening and that halving is again anticipated. Well, yes, we cannot guarantee that same thing will exactly happen but given the fact that Bitcoin is now again close to its ATH, there's a big tendency that the highest market price could be again reached. FUDs and such should be also expected because of possible market manipulation but since you have already accumulated a decent amount of it, then you should be prepared of whatever is about to take place before, during, and after the anticipated event.

I am also building a good portfolio at this point to be prepared as much as possible. Bullrun might have taken place earlier than expected therefore correction could take place any day from now. Most of the tokens are recovering which is something you would want to look forward with, in the next couple of months.

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February 17, 2024, 08:40:58 PM
 #28

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
That’s actually the real challenge when hodling. To stick to your goal regardless of the distractions in the market. If you can manage and overcome them well, congrats in advance, you will definitely achieve your target in the crypto market. But if you somewhat fall, that’s normal for every investor, at least you never end up quitting but will decide to invest more and hold more.

Just don’t be obsessed with your investment and try to handle it more calmly. Do no monitor closely its price, but focus more on maximizing the amount of your bitcoin as it will matter a lot when you decide to sell them.

R


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February 17, 2024, 09:25:35 PM
 #29

The journey so far doesn't start from a day but with little step and bold-mind has definitely landed you somewhere that you have never regretted in your life, correct me if I am wrong. This investment you made then you were thinking it won't yield any meaningful results but now has been your major Joy currently comparing with the price of bitcoin at this very moment.
Sometimes due to some circumstance we may fall out of love why because we must tackle those problems surrounding us where by it starts slowing our investment plans especially to those who doesn't have additional source of income or are solely relying here to make an ends meet, conspicuously you made the right decisions.

Congratulations op.

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SPIN

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February 17, 2024, 09:34:44 PM
 #30

I'm very happy to see that you have finally shifted to Electrum wallet and saved your private keys and seed phrase in private locations. You now own your coins because the keys are yours, trust me as long as you don't tell anyone about those keys and seed phrase then you are safe. I wish you best of luck and hope to see you getting more mature as a Bitcoin investor. I also hope that you may have good return from your investment.
Bitcoin will always be safe as long as the keys are safe and secured as well. And not your keys, not your coins, so always own that keys without disclosing it to anyone you know. And same with anyone else, I am happy to see your little achievement in the market. It may not be that huge like the big whales gained in the market, but soon, as long as you keep on DCAing when there are chances, and you never gets deceived with greed and those crypto influencers in the social media, I guess you’re good enough.

Bitcoin investment holds a very promising value, not only today, but most likely in the future. So continue motivating yourself with bitcoin, that will be a good preparation for your retirement soon.

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February 17, 2024, 09:48:20 PM
 #31

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.

How time flies when you purchased your first bitcoin and you’ve already accumulated some reasonable amount that it is satisfactory to have as an investor in bitcoin. The DCA method you used has really helped you in achieving your goals faster to me even through you claimed not to have reached the target you actually wanted. The good path is that, you saw the best strategy to accumulate bitcoin, you made use of it and was consistent in it and has given you the future goals you’ve always wished for. Congratulations once more and I hope you hold them for as long as you’ll be in profit with them until you’re satisfied with the amount of profit accumulated front the investment.

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.

That’s quite a long time from now, I hope you can be able to keep up with the investment and not touch anyone until then. It only takes a big investor to save their money for a long term-about two halving events in bitcoin without touching them. There are few of them who save for long like this and those that have taken this step to invest for a long term are already in profit of their investment. If you wish to wait till then, you’ll also be in profit and when the market wants to do some corrections and the price dips, it might not affect your initial amount invested in it and you’ll still be in profit still.

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February 17, 2024, 11:28:05 PM
 #32

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.

First of all, welcome back to the community and also try your best not to get involved in any situation that led to you been restricted. Secondly I must say you have actually done we for yourself, well building and stalking up that amount of bitcoin must have crazy for you although I don't actually know your type of work but looking at the value of bitcoin you are holding that would be a very good start ahead of the bull run that's very close.

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February 18, 2024, 05:33:17 PM
 #33

It's refreshing to see someone so brave and open about their Bitcoin investment and how much they own. It's a realistic but also really decent amount, and it's encouraging to see someone who got into Bitcoin investments very recently, but managed to choose a good strategy (DCA) and make some sound choices.
Bitcoin is still on the rise and probably well below the next ATH point, so this amount can turn into an even bigger one fairly soon (in one more year, perhaps). I have to admit, I wasn't as consistent with my own attempts to accumulate Bitocoin lately, but I'm planning to do better.

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February 18, 2024, 10:21:26 PM
 #34

It's refreshing to see someone so brave and open about their Bitcoin investment and how much they own. It's a realistic but also really decent amount, and it's encouraging to see someone who got into Bitcoin investments very recently, but managed to choose a good strategy (DCA) and make some sound choices.
Bitcoin is still on the rise and probably well below the next ATH point, so this amount can turn into an even bigger one fairly soon (in one more year, perhaps). I have to admit, I wasn't as consistent with my own attempts to accumulate Bitocoin lately, but I'm planning to do better.
Well done OP. Now holding your bitcoin despite of market’s volatility is way more challenging. If you can make it and continue to DCA and increase your bitcoin storage, that proves that you are good and knowledgeable enough on how to manage your investment. Just never get discouraged every time bitcoin price experience a decline, that is part of the crypto market. If you don’t know how to manage and overcome your fears when the market turns bearish, then you don’t deserve the good things you will get when the market eventually becomes bullish.
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February 19, 2024, 09:03:53 AM
 #35

You're on the right path! Congratulations on beliving in Bitcoin and its financial system. Understanding its cycles can reshape your life. Now's a prime time to grow financially. Remember, markets fluctuate, so prepare for downturns by studying. With knowledge, you'll navigate both bullish and bearish periods effectively. Keep learning and adapting. Your dedication will pay off in the dynamic world of Bitcoin and cryptocurrencies.
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February 19, 2024, 09:19:26 AM
 #36

Congratulations, my investment isn't even near that amount which really inspires me to ramp up my work hours and try to get more money to invest so I don't have to regret it later on that I didn't go all in with investing in bitcoin when there's a time that it's got more value than it's future price. I'm almost prepared for the bull run too even if I'm jealous of that investment but the DCA never stops.



BIG WINNER!
[15.00000000 BTC]


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Rainbot
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February 19, 2024, 09:28:19 AM
 #37

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.

You purchased at $23k levels and your money is already doubled now. But I suggest you to wait more . If possible, forget about this investment for next 10 years. There will be lows also during this period but never get in any type of panic. Bitcoin still has a lot of potential in terms of upside. As more and more people become aware about bitcoin, the value will keep rising. Also, there are now bitcoin ETFs which have made bitcoin a rare asset already. You can in fact retire with this much holding of btc in next 10 years if you keep it untouched.
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February 19, 2024, 10:30:21 AM
 #38

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.


Careful preparation for planning your investment in Bitcoin is the right decision, strong determination and having the belief that Bitcoin can become more valuable in the future. You can feel the benefits when the bull run occurs, even now it is possible that you already have a lot of profit from it.  This will be an inspiration for many people, if you are confident investing money in Bitcoin can provide many times the profits in the future

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Claymore2
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February 19, 2024, 05:43:03 PM
 #39

Wow, can you believe it? Your first dive into Bitcoin back on January 1, 2023, has turned out to be a total win! Seeing it shoot up over 100% as it hits that $52k mark is just incredible. I've gotta hand it to you, OP, for sticking with it through the ups and downs, especially when it dipped below $20k.Get ready for even more gains. The upcoming Bitcoin halving and the chance of it surpassing $15k? It's looking like exciting times ahead!
SamReomo
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February 19, 2024, 09:11:05 PM
 #40

Bitcoin investment holds a very promising value, not only today, but most likely in the future. So continue motivating yourself with bitcoin, that will be a good preparation for your retirement soon.
You said very well and yes that's true Bitcoin is going to get huge in a decade or two and the ones who are investing in it will reap good rewards from this investment. Many people will get retired when Bitcoin reaches $1M per coin and those people won't have to work anymore. They enjoy rest of their lives free from financial issues. In fact I believe OP will surely invest more in Bitcoin and will keep the investment secure.

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BC.GAME
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