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Author Topic: Bitcoin proven many times holders won't regret  (Read 1565 times)
Marvell1
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March 21, 2024, 04:14:31 PM
 #81

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If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future.

Couple of thing made Bitcoin this unique from Altcoins, The fact that Satoshi made BTC in such a way that only 21 million BTC can ever be in existence ,that's you can't print more than 21 million BTC, made it deflationary and hence will continue to increase in value overtime because of its scarcity, And that makes it so interesting and different from the traditional fiat currency we have, and hence it has become more attractive for investors to always run for safety and the demand for Bitcoin will always be there; therefore we will always have Bitcoin bounce back even after a major dump.
The supply of bitcoin is limited and that is the advantage of bitcoin, but that is not the outstanding difference of bitcoin compared to altcoins. Because it's just as easy for altcoin projects to create a project with a limited supply like bitcoin, and even less supply if they want. What makes bitcoin different is its utility and practical applications, Bitcoin has outstanding features and advantages that no other altcoin has. And the difference of bitcoin is that Satoshi originally created bitcoin solely for the purpose of creating a decentralized currency. Unlike today's altcoin projects that are created mainly for speculative, profit-making games.

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March 21, 2024, 04:27:41 PM
 #82

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future. 
Because this is one of the factors that makes bitcoin really worthy of being called the king of all Cryptocurrencies, previously there were many things felt by bitcoin holders, starting from governments who wanted to destroy bitcoin by carrying out FUD against bitcoin, they even strictly banned it in several countries so that people not investing but the fact that this method does not make bitcoin die even today bitcoin proves to us that investing with it is the right choice and can generate big profits for the holder in the long term.
There is no doubt about the future of bitcoin because so far bitcoin has proven to be the best.

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March 21, 2024, 06:05:35 PM
 #83

All investments involve risk, and Bitcoin is no exception.  However, your view focuses heavily on the potential for success stories – those who've held Bitcoin since its inception and reaped significant rewards.  This paints an optimistic but incomplete picture.

Imagine a rollercoaster – the thrill of the climb is exhilarating, but the inevitable dips can be stomach-churning.  Bitcoin's history reflects this perfectly.  While some have made fortunes, many have seen their investments plummet during its frequent bearish cycles.

The "win-win" situation applies only with hindsight.  For early investors, holding was a wise strategy.  But for those who bought at the peak of a bull market, the wait for profits can be agonizing, especially during prolonged downturns.

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March 21, 2024, 06:13:55 PM
 #84

Bitcoin is not like other coin when they lose value that's just the end of it. The value of bitcoin is in cyclic pattern,  it movement is just like a clock. Their is no need for one to panic if the price of bitcoin falls because it will definitely get back if only can hodl, it is just a matter of time . The problems people have investing bitcoin is that they do not have a proper understanding of how bitcoin works and they don't have patience to hodl bitcoin when bitcoin goes dip to recover their money with the exactly value the way bitcoin was bought.

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March 21, 2024, 06:21:05 PM
 #85

Bitcoin is not like other coin when they lose value that's just the end of it. The value of bitcoin is in cyclic pattern,  it movement is just like a clock. Their is no need for one to panic if the price of bitcoin falls because it will definitely get back if only can hodl, it is just a matter of time . The problems people have investing bitcoin is that they do not have a proper understanding of how bitcoin works and they don't have patience to hodl bitcoin when bitcoin goes dip to recover their money with the exactly value the way bitcoin was bought.

Seems like i can't talk with the nationalist yobit on here. They have my shibs.

I live in the west. We have no Nazi's here.

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Throw some "shit" and see what sticks.
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March 21, 2024, 06:37:58 PM
 #86

The "win-win" situation applies only with hindsight.  For early investors, holding was a wise strategy.  But for those who bought at the peak of a bull market, the wait for profits can be agonizing, especially during prolonged downturns.

Basically every investment requires a lot of patience and Bitcoin one isn't that different. The return of investment in Bitcoin used to have as higher percentage as the user hold it for a longer period.
In recent years, the ROI was lower than the first years obviously, yet it is still profitable unless you panic sold your coins with a loss. Just invest what you are affordable to lose and keep calm. That's the advice that every investor should have in mind Wink

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March 21, 2024, 07:14:48 PM
 #87

Bitcoin is not like other coin when they lose value that's just the end of it. The value of bitcoin is in cyclic pattern,  it movement is just like a clock. Their is no need for one to panic if the price of bitcoin falls because it will definitely get back if only can hodl, it is just a matter of time . The problems people have investing bitcoin is that they do not have a proper understanding of how bitcoin works and they don't have patience to hodl bitcoin when bitcoin goes dip to recover their money with the exactly value the way bitcoin was bought.
This will always be a major problem for cryptocurrency investors who don't understand will always because most of their focus is profit making not the market works this is why we see in today's market investors chasing after the market trend to determine their investment.
Another thing that makes some investors not to hodl Bitcoin is the cost of having a whole BTC is costly for some people..
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March 21, 2024, 07:59:59 PM
 #88

Any investors that buys Bitcoin with the intention of hodling it on the long term will surely not regret it, even if they buys it in the peak of bull run, all they need to do is hodle it till the next ATH, and they'll get ROI. Although it's best to buy it during bear run or price dip, hurdle till bull run and prepare for massive ROI when it hits new ATH, then decide whether to sale or keep hodling. I believe that Bitcoin has gone beyond the days when people were wondering if it's value will continue to increase in the future or it'll crash and vanish like most Ponzi scams. Bitcoin DCA method is the best form of investment for everybody, especially average and low income earners.

R


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March 21, 2024, 08:03:37 PM
 #89

Bitcoin investment is totally different from altcoins investment, we've seen this several times when altcoins pump and dumb at end but bitcoin is totally different from others. Although invest with the mindset of a long term plan will yield profit, shortest time guarantee with bitcoin investment is not right. I have seen several coins listed but still no coin can surpass bitcoin even with the volatility nature and from my view people mistake the price fluctuation as risk involving but bitcoin has the ability to rise.
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March 21, 2024, 08:17:42 PM
 #90

The "win-win" situation applies only with hindsight.  For early investors, holding was a wise strategy.  But for those who bought at the peak of a bull market, the wait for profits can be agonizing, especially during prolonged downturns.

Basically every investment requires a lot of patience and Bitcoin one isn't that different. The return of investment in Bitcoin used to have as higher percentage as the user hold it for a longer period.
In recent years, the ROI was lower than the first years obviously, yet it is still profitable unless you panic sold your coins with a loss. Just invest what you are affordable to lose and keep calm. That's the advice that every investor should have in mind Wink
When it comes to long term investments like bitcoin, patience is the key. The longer you hold, the more massive the profits will be. However, new investors have been believing bitcoin is a get rich quick tool, the reason why majority of them are not capable enough to hold their coins longer, and every time bitcoin price suddenly drops its price drastically, these people end up panicking and decide to sell their coins at a loss. Hence, it’s always a must to invest only an amount you can afford to lose so that even if the price consistently drops, at least you won’t be bothered since you are here to invest and hold bitcoin for long term, and only sell it at your desirable goal price.

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March 21, 2024, 08:56:29 PM
 #91

Lessons learnt the hard way and since this is my first time experiencing the halving, then I must say, it has been an amazing journey to follow and indeed I think I have some great trust for bitcoin and I don’t want to pressure myself to holding but I’m sure to take extreme actions to hold as much as I could, coming the next having in four years from now and that’s why I’ve decided to start holding as soon as the cost of my health care reduces because I can’t even imagine the joy on the faces of people who bought it when it went down to $17k.

I don’t want to blame anyone who watched and wished to invest and hold  bitcoin but couldn’t due to some conditions beyond them, and I also want to remind us to get ourselves ready for the next halving and also try to seize the opportunity that would come then.

R


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March 21, 2024, 09:00:33 PM
 #92

   Investing in Bitcoin is not regretful at all, as a trader what is happening to Bitcoin price now is normal,you know that there will be a  point in time when the market price will go up even above than expected,then it drops down, after which it becomes stable,so i don't see any reason why some person's are panicking, if i were you,i will keep holding and wait patiently for the halving. As far as am concern Bitcoin has not disappoint and will never disappoint.
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March 21, 2024, 09:39:33 PM
 #93

I think that ultimately there is no need to compare bitcoin with any other Alts, simply for the sake of comparing things that should not be.  Now, that does not imply and it is the reality that Alts projects are very profitable, there is a lot of investment there.

Then it is simply the maturity of the investor, everyone at this point knows where to invest and of course bitcoin will always be the favorite project par excellence.

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serjent05
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March 21, 2024, 09:42:58 PM
 #94

Bitcoin is not like other coin when they lose value that's just the end of it. The value of bitcoin is in cyclic pattern,  it movement is just like a clock. Their is no need for one to panic if the price of bitcoin falls because it will definitely get back if only can hodl, it is just a matter of time .

I highly agree, Bitcoin though highly volatile has always shown the masses that the market indeed move in a cyclic pattern. I don't think it moves like a clock though since it never touches the same bottom once it records a new heights.  Unlike a clock that always reset on 00:00  Bitcoin often creates a new higher bottom everytime it ends its cycle.

The problems people have investing bitcoin is that they do not have a proper understanding of how bitcoin works and they don't have patience to hodl bitcoin when bitcoin goes dip to recover their money with the exactly value the way bitcoin was bought.

Or even with their understanding, the problem people have in investing on Bitcoin is the lack of patience.  Aside from that, the lack of funds to support their needs that they end up selling their BTC holdings once they got into a tight financial problem.

  Investing in Bitcoin is not regretful at all, as a trader what is happening to Bitcoin price now is normal,you know that there will be a  point in time when the market price will go up even above than expected,then it drops down, after which it becomes stable,so i don't see any reason why some person's are panicking, if i were you,i will keep holding and wait patiently for the halving. As far as am concern Bitcoin has not disappoint and will never disappoint.

Bitcoin price is highly volatile, never it become stable, there might be a sideway movement of its price but even so, it fluctuates which gives opportunity to day traders to rake or lose a profit.  Though I agree that one should practice patience when investing in Bitcoin.  I believe the best move is to set a selling price and sell when the market hits the target selling price then reenter when Bitcoin market enters the bear market.
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March 21, 2024, 09:46:51 PM
 #95

I think that ultimately there is no need to compare bitcoin with any other Alts, simply for the sake of comparing things that should not be.  Now, that does not imply and it is the reality that Alts projects are very profitable, there is a lot of investment there.
That is okay when there are comparisons being done to Bitcoin and alts. Thus, those altcoins investors are mostly the ones comparing their investments to Bitcoin and tells the same thing about it being expensive so they resort out in investing to alternative coins.

Then it is simply the maturity of the investor, everyone at this point knows where to invest and of course bitcoin will always be the favorite project par excellence.
Exactly.

Despite that we've got differences and preferences, we all have been matured on this market and for the new comers that will ask our thoughts about this and that. We're always glad to tell them that it's always and has always been Bitcoin.

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March 21, 2024, 10:44:04 PM
 #96

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful.
Thats where it all gets crystal, the history.
Many people don’t tend to understand because they haven’t gone to its roots. A few might understand but, the desire to get rich quick while hodling for a short term often forces them into losses that could have been avoided. All they needed to do was not to sell when it dumps but rather, seek a buying opportunity to increase their hodling portfolio but no, you find them panic selling.

History would remind you that, there isn’t a cause to be alarmed. The market always seeks correction and giving investors a buy opportunity and so, it’s left for you to use that. Perhaps it’s unavoidable as some weak hands investors have got to sell for others to buy. It all plays into itself!
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March 21, 2024, 11:03:27 PM
 #97

I think that ultimately there is no need to compare bitcoin with any other Alts, simply for the sake of comparing things that should not be.  Now, that does not imply and it is the reality that Alts projects are very profitable, there is a lot of investment there.

Then it is simply the maturity of the investor, everyone at this point knows where to invest and of course bitcoin will always be the favorite project par excellence.
Altcoins are never my priority but my alternatives. We pave paths to be able to invest in solid projects, I know most of these projects ends up on the wrong side but we're not taking any chances because winnings become straight. Bitcoin have been tested and trusted, the most formidable projects in crypto, always two steps ahead of other projects. Holders have gotten their initial capital on their good entries on bitcoin, we know how difficult it can be but winning becomes very straightforward and heightened.

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March 22, 2024, 04:35:24 AM
 #98

All investments involve risk, and Bitcoin is no exception.  However, your view focuses heavily on the potential for success stories – those who've held Bitcoin since its inception and reaped significant rewards.  This paints an optimistic but incomplete picture.


His views are focused on the success stories because that's the reward for hodling Bitcoin, and he's trying to establish a positive future for hodling Bitcoin which he isn't wrong because Bitcoin has proven numerous times that its hodlers never regrets that's why hodling will always be the best strategy to invest in Bitcoin. Bitcoin has its risk but when calculating the risk to reward ratio, Bitcoin is far more a better investment when you buy and hodl and not having a short time investment mentality. There's more success story when you hodl Bitcoin irrespective of how the market moves because at the end of the day, Bitcoin always reward its hodlers.

Quote
The "win-win" situation applies only with hindsight.  For early investors, holding was a wise strategy.  But for those who bought at the peak of a bull market, the wait for profits can be agonizing, especially during prolonged downturns.

The win-win situation doesn't apply only with a hindsight, you can know that hodling will give your profits from past investors. Bitcoin is no longer a new investment that doesn't have a history that you can look at. Those that are hodling end up being in profits so if you want to have a win win situation, you can just hold and not get bothered about the movement of the market. Those that bought at an early stage of Bitcoin (let say when Bitcoin was at its lowest) and those that bought at the peak of a bull run can all benefit if they hodl provided both investor have the patience to wait. The rollercoaster experience is part of the journey of investing in Bitcoin.

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March 22, 2024, 04:47:20 AM
 #99

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future. 
Yes it is easy prediction. long term holding is always give us a positive result for bitcoin. It has made new ATHs several times and they are multiples of previous ATHs. and again it went down a lot and again it pumped a lot and made a new ATH. Bitcoin is constantly giving us opportunities that those who take advantage of this opportunity can make huge profits and those who don't take advantage of this opportunity will only regret it.



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Rainbot
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March 22, 2024, 08:32:12 AM
 #100

This is actually true, their is no holder of Bitcoin that would feel any regret as a long term holder, because as Bitcoin is right now, we have not even seen the real potential of Bitcoin, and since it has a limited supply, it's destined to skyrocket in the near future.

Lastly, if you can do a research about Bitcoin over the years since it came into existence, it has practically grown over the years, and that's how it will keep on growing, when it's finally been adopted by more people and nations around the world.

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