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Yablee0
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January 26, 2025, 12:34:45 AM |
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Anyone that uses all his money that he has to buy bitcoin is a gambler and will end up selling his bitcoin at loss when he needs the money to solve his problems. You can only invest with the extra cash from your income aftee taking care of all your basic needs and monthly expenses.
I completely aggry on this, because the strength or backbone of any successful investment especially long term investment normally depend on the backup funds you have. It is certain that after investing, challenges, family issues must arise and when you have no emergency or backup funds you end up falling back on your investment, perhaps selling it at lost just to meet up problems at hand. Therefore it is healthy having a backup funds while investing, thus, it fuel patients in achieving success in bitcoin investment.
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Scarlett_23
Full Member
 
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Activity: 644
Merit: 175
Bitz.io Best Bitcoin and Crypto Casino
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January 26, 2025, 04:19:10 AM |
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Sheet coins or meme coins are not driven by any powerful technology or project. Their price increases due to overnight publicity on social media and the greed of some greedy people. Some people may benefit from this, but most people suffer greatly. Investing here is like buying a lottery ticket. Most meme coins are not long-term. Anyone can lose everything if they invest here in the long term. And if a person wants to experiment, they can invest a very small amount. But never think that you will get this money back. On the other hand, investing in Bitcoin will strengthen your financial situation more and more over time. Because there is a very powerful technology behind it and there is a limited supply of Bitcoin. If the demand increases on this platform of twenty-one million, its price will also increase. If you look at the past record of Bitcoin, it is understood that after every big price drop, it surpasses its previous state. So anyone can make progress by investing with the fundamentals of Bitcoin in mind (i.e. patience, consistency, and faith).
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JayJuanGee
Legendary
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Activity: 4438
Merit: 14364
Self-Custody is a right. Say no to "non-custodial"
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January 26, 2025, 04:23:31 AM |
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Understanding from the perspective that has been carried out by many early investors who have successfully held their bitcoins since 2013, of course we are curious to know how they could forget about their investments for quite a long duration.
I mean, they buy in large quantities and forget about their investments. Because from the various Bots that I see on X, telegram or others where there are so many old wallets that have 1k btc, 2k btc and 3k btc are active again when btc reaches $100k.
Whatever it is, I am amazed by the way they run their investment in bitcoin. First, they keep their private keys as well as possible, because they are not active for 10 years after there have been no transactions whatsoever. Second, they do not sell any btc at all at ATH 2017, 2021 but are active when they reach $100k.
We might see some wallets that have not been moved for 10-ish years, yet we cannot presume that those users don't have other wallets, so they might have transactions with some other wallets. For that, their accumulation strategy is at once with one purchase and forget about it.
Some of them truly could have had forgotten about it if it might have had been a few hundred or even a few thousand dollars... but sure the various hype cycles along the way should have had reminded them about the coins. I think it's the best step to make one option if we are satisfied with DCA and when there is big money in terms of income/bonus we can buy it all at once in another wallet and forget about it. But remember the private key must be stored as well as possible, that's the important key.
Some people do seem to get lazy in terms of holding coins on exchanges, but yeah, it seems that a person need to learn how to keep his own keys and perhaps somewhat separated from easy access, but still probably testing keys every year or two, so for example if a person might have 90% of his coins held in private control... but sometimes it can make a difference if a person has already gone through accumulation and then stops or maybe the person might have some coins in ways that he can interact with his bitcoin if there are opportunities, even though no one seems to want to sell their coins.. such as sell and replace. If you choose to delay your Bitcoin investment you are not losing anything at that moment, some people choose to delay there Bitcoin investment because they want to build a strong emergency, reserve and float funds first, yes you can start your Bitcoin accumulation and also be building your backup funds which is your emergency, reserve and float funds at same time, but one thing we most no is that is not every human that likes to rush things some set of people usually don't like doing two things at a time especially when it involve financial resources, it could be that his or her financial strength can't carry both Bitcoin accumulation and building a backup funds at same time, so if a person is delaying because he wants to take his time before going into Bitcoin accumulation is not a bad idea, it is better to start late and accumulate enough later, than to start quick and end up stopping and even selling of all your Bitcoin because of financial issues, if you know your financial strength can carry both building your Bitcoin and your backup funds then you can do it but if it can't then build your backup funds to an extend before starting your Bitcoin accumulation.
Everyone definitely has their own way of investing in BTC, such as some who collect reserve or emergency funds first before accumulating BTC, but there are also those who don't and they immediately simultaneously accumulate BTC while collecting reserve or emergency funds. And of course in this case in my opinion It depends on the person's readiness whether they want to choose which method, because of course everything also has advantages and disadvantages, but yes, in my opinion, both methods are good. I agree with You opinion, it would be better if our want to collect BTC, it would be better to prepare an emergency fund first, yes, even if for example the investment is late, we will collect BTC calmly and even if there is a sudden need in our lives, of course the BTC that we have collected will not be sold. . I think this is a good idea friend.  Of course, you can do whatever you like, but all methods are not equally good even though you can equally choose whatever method you like, even a dumb method and even a whimpy method, but a whimpy method is not as good as an aggressive method, even though you are 100% free to choose the inferior method because whimpy works for you.
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1) Self-Custody is a right. Resist being labelled as: "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Huliya
Member

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Activity: 175
Merit: 55
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January 26, 2025, 04:39:29 AM |
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Problem with other investor is they entertain other things like those hype shitcoins in the market and think about they can hit a jackpot for some of those meme coins they are investing. We see a lot of situation like this on meme coin scene and latest is with that meme coin introduce by Trump. They didn't expect those huge drop and lots of people buy due to that FOMO then lose a lot of money with that situation. If people would continue to act like that for sure nothing will happen to them and might they would quiet spending time on crypto scene since everything there is unsustainable. But if they just focus on their portfolio and target to gain also accumulate more Bitcoin provably that they would find more better future with this then provably they can last long because Bitcoin brought up some good opportunities to people who believes and holds it. People should take advantage on situations happened on Bitcoin and make sure that they have good source of income to make sure that everything is sustainable for them. Those who focus on hype coins or memes instead of Bitcoin are actually living in a state of fools. Because t In as much as how risky those coins can be still there are those that are still getting involve but however, it has not really gotten to where you can be calling them such names perhaps it is there money and they can decide on what to do with it, you must know that investment in Bitcoin is not by force, it is basically based on self belief and conviction as well goals and objectives, but yeah, anyone prioritizing any other coins other than Bitcoin are only in the objective of looking out for a quick and get rich scheme and of course Bitcoin is out of such game but only suitable for a long term investment plan which they can not be committed and patient enough. Focus more on what Bitcoin can do for you and think less of what others think about Bitcoin, and please stop calling people fools because anyone is allowed to do whatever they like with their money, maybe they can learn the hard way. I respect all people's thoughts. And I did not call anyone stupid. I wanted to say, they give the feeling of living in a fool's paradise. Of course, none of us should force others to invest. Let them do whatever they want with their money. But I want to say that Mimi Coin or any hyped coin only pumps once and that too for a very short time. And most people get greedy after seeing that pump. Greed eats people up bit by bit. If they get hurt once, they think that they will make up for the first loss with the second time. But these ideas make everyone face even greater losses. We should bring out all those losses from my brothers. It is better to hurt them a little. If someone is a trader, we cannot change his thinking even if we want to. I also tell them to invest full time instead of being one day trader. Secure your future.
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Powerjumboo
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January 26, 2025, 05:01:22 AM |
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Focus more on what Bitcoin can do for you and think less of what others think about Bitcoin, and please stop calling people fools because anyone is allowed to do whatever they like with their money, maybe they can learn the hard way.
When you plan to invest in shitcoins, it means you are putting your money in a high-risk zone. The chances of loss are much higher here. Chasing the temptation of quick money is not a difficult path, but rather an easy way to lose your own money. It's a place of temptation where the allure of winning will encourage you to lose money. I would advise you to invest in simpler coins like Bitcoin, instead of learning the hard way. DCA (Dollar Cost Averaging) with long-term investment gives you a high potential for profit with lower risks. However, you need to invest not only your money but also your patience here. Investing in shitcoin is like someone who dreams of getting rich in the near future. Indeed, there are people who have succeeded in getting big profits from small initial capital. It happened not because it was analyzed from the beginning, but because of coincidence. I have no evidence to justify this but it is just my guess. In general, investing in shitcoin is the same as piling up money without turnover. Shitcoins are not something one should invest on, shitcoins are scam and should be avoided, I have lost a lot of money in shitcoins and it has frustrated a lot of people, is better you invest in Bitcoin and keep holding. I have not invested yet but I have learned and understood that Bitcoin is the best investment among all investments. Except Bitcoin, Shitcoin is a very risky investment. I have heard many success stories of those who have invested in Bitcoin. So far, no one has failed by investing in Bitcoin and holding it, everyone has achieved success. However, almost everyone has failed in Shitcoin investment. I have also heard that Shitcoin can die at any time and can destroy people at any time in investment. So buy Bitcoin, hold Bitcoin, and surely you will succeed in investment.
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JayJuanGee
Legendary
Offline
Activity: 4438
Merit: 14364
Self-Custody is a right. Say no to "non-custodial"
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January 26, 2025, 05:08:25 AM |
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Focus more on what Bitcoin can do for you and think less of what others think about Bitcoin, and please stop calling people fools because anyone is allowed to do whatever they like with their money, maybe they can learn the hard way.
When you plan to invest in shitcoins, it means you are putting your money in a high-risk zone. The chances of loss are much higher here. Chasing the temptation of quick money is not a difficult path, but rather an easy way to lose your own money. It's a place of temptation where the allure of winning will encourage you to lose money. I would advise you to invest in simpler coins like Bitcoin, instead of learning the hard way. DCA (Dollar Cost Averaging) with long-term investment gives you a high potential for profit with lower risks. However, you need to invest not only your money but also your patience here. Investing in shitcoin is like someone who dreams of getting rich in the near future. Indeed, there are people who have succeeded in getting big profits from small initial capital. It happened not because it was analyzed from the beginning, but because of coincidence. I have no evidence to justify this but it is just my guess. In general, investing in shitcoin is the same as piling up money without turnover. Shitcoins are not something one should invest on, shitcoins are scam and should be avoided, I have lost a lot of money in shitcoins and it has frustrated a lot of people, is better you invest in Bitcoin and keep holding. I have not invested yet but I have learned and understood that Bitcoin is the best investment among all investments. Except Bitcoin, Shitcoin is a very risky investment. I have heard many success stories of those who have invested in Bitcoin. So far, no one has failed by investing in Bitcoin and holding it, everyone has achieved success. However, almost everyone has failed in Shitcoin investment. I have also heard that Shitcoin can die at any time and can destroy people at any time in investment. So buy Bitcoin, hold Bitcoin, and surely you will succeed in investment. You are retarded if you are posting a bunch of pro-bitcoin posts, but still you have not yet started buying bitcoin. You have also been registered on the forum since May 2024, which provides further evidence of your level of dumb for not buying any bitcoin.
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1) Self-Custody is a right. Resist being labelled as: "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Churchillvv
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January 26, 2025, 07:54:44 AM |
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Focus more on what Bitcoin can do for you and think less of what others think about Bitcoin, and please stop calling people fools because anyone is allowed to do whatever they like with their money, maybe they can learn the hard way.
When you plan to invest in shitcoins, it means you are putting your money in a high-risk zone. The chances of loss are much higher here. Chasing the temptation of quick money is not a difficult path, but rather an easy way to lose your own money. It's a place of temptation where the allure of winning will encourage you to lose money. I would advise you to invest in simpler coins like Bitcoin, instead of learning the hard way. DCA (Dollar Cost Averaging) with long-term investment gives you a high potential for profit with lower risks. However, you need to invest not only your money but also your patience here. Investing in shitcoin is like someone who dreams of getting rich in the near future. Indeed, there are people who have succeeded in getting big profits from small initial capital. It happened not because it was analyzed from the beginning, but because of coincidence. I have no evidence to justify this but it is just my guess. In general, investing in shitcoin is the same as piling up money without turnover. Shitcoins are not something one should invest on, shitcoins are scam and should be avoided, I have lost a lot of money in shitcoins and it has frustrated a lot of people, is better you invest in Bitcoin and keep holding. I have not invested yet but I have learned and understood that Bitcoin is the best investment among all investments. Except Bitcoin, Shitcoin is a very risky investment. I have heard many success stories of those who have invested in Bitcoin. So far, no one has failed by investing in Bitcoin and holding it, everyone has achieved success. However, almost everyone has failed in Shitcoin investment. I have also heard that Shitcoin can die at any time and can destroy people at any time in investment. So buy Bitcoin, hold Bitcoin, and surely you will succeed in investment. Perhaps it's best to have bought bitcoin no matter any amount, I'm not to believe that you give a bitcoin advise and yet you don't even have the tiniest Satoshi in any wallet not even an exchange? Of course we do have different patterns of investing but I prefer you have bitcoin before learning or as you learn you also have the minimum in the process. You can't give what you don't have. Have it and give us a real time experience.
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Justbillywitt
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January 26, 2025, 08:40:25 AM Merited by JayJuanGee (1) |
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Investing in shitcoin is like someone who dreams of getting rich in the near future. Indeed, there are people who have succeeded in getting big profits from small initial capital. It happened not because it was analyzed from the beginning, but because of coincidence. I have no evidence to justify this but it is just my guess. In general, investing in shitcoin is the same as piling up money without turnover.
The painful part is that folks are going to wound themselves with memes coin this season, because they wanna get rich quick. Most of these coins have no purpose they have been driven by hype , which won't last for long because the project can get greedy and dump anytime please. Alot of people will endup being victims of such , because they wanna also flip their little funds into something tangible, because alot of influencers kept showing casing only their wins , making newbies to think that the right way for them to eradicate poverty is by purchasing random memes coins without them knowing the risk in it . Stick with what you understand with is bitcoin ( with this you can position yourself for something beautiful and same time be in a safer side) Those influencers don't really care about their followers. The truth is that they see them as their source of wealth by milking them. They know that once they make those calls, that their followers will jump in and liquidity will flow in as well. While they the influencers and project owners will take their heard earned money as exit liquidity. Any influencer that's always drawing you to buy shitcoins is not someone you should be following. He/she doesn't give a fuck about you. He is after your downfall so he can be enriched, as most shitcoins developers pay them to post those shit and promote for them. If you must follow an influencer, which I don't even think it's necessary, it should be the one that's telling you not to get involved with shitcoins. It should be an influencer that's only bitcoin Minded. Someone who is always reminding you to invest in bitcoin only. These are influencers who cares about you and your financial growth.
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Tamaperdana
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January 26, 2025, 09:56:08 AM |
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I can say that those who have succeeded have been lucky. Just as in a gambling den, there can be profit or loss in shit coins. Some investors can dream big by investing in those gambling tokens in a short time, but in reality it is completely baseless. In the long run, shitcoins are just trash in the wallet. if Bitcoin is invested as a reliable investment medium not for luck-based investment, then an investor can own a permanent asset in the long run even if he does not get anything in the short term. Personally, I also did not understand shit coins well at the beginning of my investment. I lost my investment due to greed. But when I gained a good knowledge about the market and bitcoin, it started to seem that only Bitcoin is permanent asset in the long run and it is a great asset for people, so I have been holding Bitcoin as much as I can.
It cannot be denied that Bitcoin is the most promising crypto asset and until now there is no other crypto asset that can compete with it. So if you want to look for an investment path that has less risk, but has quite promising potential in the future, then Bitcoin is the answer. But of course not everyone is aware of this potential, even those who do know are quite a few who ignore this potential and prefer to buy shitcoins. But don't be surprised, because that is the nature of humans who cannot control their emotions well. The reason is, people who cannot control their emotions tend to prefer to ignore assets that have great potential such as bitcoin just because they are lazy to wait, but choose shitcoins on the pretext that they can multiply their money quickly. So we don't need to be surprised by people like that, because to be honest, I have personally experienced this situation. Apart from that, don't criticize people like that too harshly. Because basically time will teach people who prefer shitcoin over Bitcoin a lesson. So let them realize and experience for themselves how wrong they are in choosing to buy shitcoins. Although it is true, sometimes there are also those who get big profits when investing in shitcoins. But if you make a comparison, it's like 1 in 1000. So in essence, more people experience losses than profits when investing in shitcoins. Therefore, I personally also recommend investing only in bitcoin.
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Zackz5000
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January 26, 2025, 10:12:52 AM Merited by fillippone (1) |
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Problem with other investor is they entertain other things like those hype shitcoins in the market and think about they can hit a jackpot for some of those meme coins they are investing. We see a lot of situation like this on meme coin scene and latest is with that meme coin introduce by Trump. They didn't expect those huge drop and lots of people buy due to that FOMO then lose a lot of money with that situation. If people would continue to act like that for sure nothing will happen to them and might they would quiet spending time on crypto scene since everything there is unsustainable. But if they just focus on their portfolio and target to gain also accumulate more Bitcoin provably that they would find more better future with this then provably they can last long because Bitcoin brought up some good opportunities to people who believes and holds it. People should take advantage on situations happened on Bitcoin and make sure that they have good source of income to make sure that everything is sustainable for them. Those who focus on hype coins or memes instead of Bitcoin are actually living in a state of fools. Because t In as much as how risky those coins can be still there are those that are still getting involve but however, it has not really gotten to where you can be calling them such names perhaps it is there money and they can decide on what to do with it, you must know that investment in Bitcoin is not by force, it is basically based on self belief and conviction as well goals and objectives, but yeah, anyone prioritizing any other coins other than Bitcoin are only in the objective of looking out for a quick and get rich scheme and of course Bitcoin is out of such game but only suitable for a long term investment plan which they can not be committed and patient enough. Focus more on what Bitcoin can do for you and think less of what others think about Bitcoin, and please stop calling people fools because anyone is allowed to do whatever they like with their money, maybe they can learn the hard way. I respect all people's thoughts. And I did not call anyone stupid. I wanted to say, they give the feeling of living in a fool's paradise. Of course, none of us should force others to invest. Let them do whatever they want with their money. But I want to say that Mimi Coin or any hyped coin only pumps once and that too for a very short time. And most people get greedy after seeing that pump. Greed eats people up bit by bit. If they get hurt once, they think that they will make up for the first loss with the second time. But these ideas make everyone face even greater losses. We should bring out all those losses from my brothers. It is better to hurt them a little. If someone is a trader, we cannot change his thinking even if we want to. I also tell them to invest full time instead of being one day trader. Secure your future. First of all you need to know the difference between trading and investment, investment is when you are accumulating Bitcoin and HODL for long while trading is buying now and see out in a short while so advising some one to go into full time trading in other to secure their future is wrong you will definitely put yourself into more pressure while trading because you will consistently be cheeking to know when there is dip or not in other to sell out. Accumulating Bitcoin and HODL for long will give you mind rest rather than trading, traders actually make profit while trading But the risk involved is much compare to long time holders so it is better to accumulate Bitcoin and HODL for a longer time instead of fucking around trading bitcoin which is meant to be an investment.
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Futurexxx
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January 26, 2025, 11:17:02 AM |
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I can say that those who have succeeded have been lucky. Just as in a gambling den, there can be profit or loss in shit coins. Some investors can dream big by investing in those gambling tokens in a short time, but in reality it is completely baseless. In the long run, shitcoins are just trash in the wallet. if Bitcoin is invested as a reliable investment medium not for luck-based investment, then an investor can own a permanent asset in the long run even if he does not get anything in the short term. Personally, I also did not understand shit coins well at the beginning of my investment. I lost my investment due to greed. But when I gained a good knowledge about the market and bitcoin, it started to seem that only Bitcoin is permanent asset in the long run and it is a great asset for people, so I have been holding Bitcoin as much as I can.
It cannot be denied that Bitcoin is the most promising crypto asset and until now there is no other crypto asset that can compete with it. So if you want to look for an investment path that has less risk, but has quite promising potential in the future, then Bitcoin is the answer. But of course not everyone is aware of this potential, even those who do know are quite a few who ignore this potential and prefer to buy shitcoins. But don't be surprised, because that is the nature of humans who cannot control their emotions well. The reason is, people who cannot control their emotions tend to prefer to ignore assets that have great potential such as bitcoin just because they are lazy to wait, but choose shitcoins on the pretext that they can multiply their money quickly.No, I don't think it's about emotions, because Bitcoin investors have no business being emotional about their holdings, that is for traders, I think it's more of Lack of knowledge or being greedy. * Lack of knowledge: these are newbies investors that don't has the right knowledge, they don't know that investing in shit coin is suicidal, sometimes they are just misinformed. As for the greedy ones: those are the ones that knows all that it entails about Bitcoin and shit coin, but they still went ahead to invest in shit coin due to greedy of 10x to 20x, so it's not about emotions that makes investor to invest in shit coin, it's more of greed or lack of knowledge and sometimes inpatient as you have rightfully claimed already.
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cryptoWODL
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January 26, 2025, 02:22:04 PM |
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Yes, it is important to build strong backup funds rather than rushing into investing. But if you consider it as the primary investment, then you are wrong. Backup is certainly important which acts as the main protection of investment, but if you do not have any investment fund, then what will you do with backup funds for investment. I would advise a newcomer to start investing without any delay with basic knowledge and ability. I would not advise a newcomer to delay investment at all to build a backup fund.
However, you have to be careful that a newcomer does not build strong backup funds or rush into investment. I would not even advise you to be aggressive in investment without preparing backup funds. If you can qualify to be aggressive in investment by preparing the necessary funds, then being aggressive in investment can be fruitful for you. In the long run, ignoring backup funds and rushing into investment or being aggressive in investment can push your investment towards loss, which you do not pray for at all.
Instead of rushing to invest it is better to build a strong backup fund But even more important is to invest regularly through disposable income. The backup fund is what we understand is that from the money earned a few months, some amount of money is stored in one place. And disposable income refers to the money you earn every month. So it is clear that to start investing, i.e. for new investors at the initial stage, regularly earning money from a backup fund is of utmost importance. Many people arrange backup funds to make themselves financially well -organized and strengthen. It is a wrong decision for those who are delaying their investments to build up a backup fund despite having discretionary income. In the initial stage, only regularly earned money is more important for the investor to start investing immediately, then he will be able to take other steps when he gradually increases his investment i.e. prolongs it.
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Olatundespo
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January 26, 2025, 04:12:50 PM |
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Focus more on what Bitcoin can do for you and think less of what others think about Bitcoin, and please stop calling people fools because anyone is allowed to do whatever they like with their money, maybe they can learn the hard way.
When you plan to invest in shitcoins, it means you are putting your money in a high-risk zone. The chances of loss are much higher here. Chasing the temptation of quick money is not a difficult path, but rather an easy way to lose your own money. It's a place of temptation where the allure of winning will encourage you to lose money. I would advise you to invest in simpler coins like Bitcoin, instead of learning the hard way. DCA (Dollar Cost Averaging) with long-term investment gives you a high potential for profit with lower risks. However, you need to invest not only your money but also your patience here. Investing in shitcoin is like someone who dreams of getting rich in the near future. Indeed, there are people who have succeeded in getting big profits from small initial capital. It happened not because it was analyzed from the beginning, but because of coincidence. I have no evidence to justify this but it is just my guess. In general, investing in shitcoin is the same as piling up money without turnover. Shitcoins are not something one should invest on, shitcoins are scam and should be avoided, I have lost a lot of money in shitcoins and it has frustrated a lot of people, is better you invest in Bitcoin and keep holding. I have not invested yet but I have learned and understood that Bitcoin is the best investment among all investments. Except Bitcoin, Shitcoin is a very risky investment. I have heard many success stories of those who have invested in Bitcoin. So far, no one has failed by investing in Bitcoin and holding it, everyone has achieved success. However, almost everyone has failed in Shitcoin investment. I have also heard that Shitcoin can die at any time and can destroy people at any time in investment. So buy Bitcoin, hold Bitcoin, and surely you will succeed in investment. Your idea about a newbie Bitcoin is very correct. In your positive thinking, you should stay in touch with the forum for guidance in future Bitcoin holdings so that it is more convenient to make the right decision. A newbie investor should be more responsible by accumulating Bitcoin because if your initial foundation is strong, it can be much easier for you to sustain long-term investment and increase your holdings over time. Your idea about risky shitcoins is correct and most people face a lot of financial losses through it. For long-term Bitcoin, you should keep discretionary funds and keep floating cash so that you can continue holding Bitcoin in case of emergency.
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asarfiar
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Activity: 373
Merit: 89
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January 26, 2025, 04:22:20 PM |
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Problem with other investor is they entertain other things like those hype shitcoins in the market and think about they can hit a jackpot for some of those meme coins they are investing. We see a lot of situation like this on meme coin scene and latest is with that meme coin introduce by Trump. They didn't expect those huge drop and lots of people buy due to that FOMO then lose a lot of money with that situation. If people would continue to act like that for sure nothing will happen to them and might they would quiet spending time on crypto scene since everything there is unsustainable. But if they just focus on their portfolio and target to gain also accumulate more Bitcoin provably that they would find more better future with this then provably they can last long because Bitcoin brought up some good opportunities to people who believes and holds it. People should take advantage on situations happened on Bitcoin and make sure that they have good source of income to make sure that everything is sustainable for them. Those who focus on hype coins or memes instead of Bitcoin are actually living in a state of fools. Because t In as much as how risky those coins can be still there are those that are still getting involve but however, it has not really gotten to where you can be calling them such names perhaps it is there money and they can decide on what to do with it, you must know that investment in Bitcoin is not by force, it is basically based on self belief and conviction as well goals and objectives, but yeah, anyone prioritizing any other coins other than Bitcoin are only in the objective of looking out for a quick and get rich scheme and of course Bitcoin is out of such game but only suitable for a long term investment plan which they can not be committed and patient enough. Focus more on what Bitcoin can do for you and think less of what others think about Bitcoin, and please stop calling people fools because anyone is allowed to do whatever they like with their money, maybe they can learn the hard way. I respect all people's thoughts. And I did not call anyone stupid. I wanted to say, they give the feeling of living in a fool's paradise. Of course, none of us should force others to invest. Let them do whatever they want with their money. But I want to say that Mimi Coin or any hyped coin only pumps once and that too for a very short time. And most people get greedy after seeing that pump. Greed eats people up bit by bit. If they get hurt once, they think that they will make up for the first loss with the second time. But these ideas make everyone face even greater losses. We should bring out all those losses from my brothers. It is better to hurt them a little. If someone is a trader, we cannot change his thinking even if we want to. I also tell them to invest full time instead of being one day trader. Secure your future. First of all you need to know the difference between trading and investment, investment is when you are accumulating Bitcoin and HODL for long while trading is buying now and see out in a short while so advising some one to go into full time trading in other to secure their future is wrong you will definitely put yourself into more pressure while trading because you will consistently be cheeking to know when there is dip or not in other to sell out. Accumulating Bitcoin and HODL for long will give you mind rest rather than trading, traders actually make profit while trading But the risk involved is much compare to long time holders so it is better to accumulate Bitcoin and HODL for a longer time instead of fucking around trading bitcoin which is meant to be an investment. Traders always feel a sense of uncertainty about their investments, which is the short-term performance of their investments, which is not felt in long-term investments. Another advantage of investing for a long time is that you will be free from market volatility and will be saved from price fluctuations in a short time. Bitcoin is a long-term investment process that we are expected to receive in the future a type of financial support that we may not see in other ways. Buy and HODL for a long time. Those who continue this process for a long time have the advantage of achieving a good quality ATH. You can grow your portfolio through long-term investment services and in this case, if you invest through the DCA method, you can invest in your long-term investment. This DCA method is an effective and effective method.
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Ruttoshi
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January 26, 2025, 04:48:06 PM Merited by JayJuanGee (1) |
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Focus more on what Bitcoin can do for you and think less of what others think about Bitcoin, and please stop calling people fools because anyone is allowed to do whatever they like with their money, maybe they can learn the hard way.
When you plan to invest in shitcoins, it means you are putting your money in a high-risk zone. The chances of loss are much higher here. Chasing the temptation of quick money is not a difficult path, but rather an easy way to lose your own money. It's a place of temptation where the allure of winning will encourage you to lose money. I would advise you to invest in simpler coins like Bitcoin, instead of learning the hard way. DCA (Dollar Cost Averaging) with long-term investment gives you a high potential for profit with lower risks. However, you need to invest not only your money but also your patience here. Investing in shitcoin is like someone who dreams of getting rich in the near future. Indeed, there are people who have succeeded in getting big profits from small initial capital. It happened not because it was analyzed from the beginning, but because of coincidence. I have no evidence to justify this but it is just my guess. In general, investing in shitcoin is the same as piling up money without turnover. Shitcoins are not something one should invest on, shitcoins are scam and should be avoided, I have lost a lot of money in shitcoins and it has frustrated a lot of people, is better you invest in Bitcoin and keep holding. I have not invested yet but I have learned and understood that Bitcoin is the best investment among all investments. Except Bitcoin, Shitcoin is a very risky investment. I have heard many success stories of those who have invested in Bitcoin. So far, no one has failed by investing in Bitcoin and holding it, everyone has achieved success. However, almost everyone has failed in Shitcoin investment. I have also heard that Shitcoin can die at any time and can destroy people at any time in investment. So buy Bitcoin, hold Bitcoin, and surely you will succeed in investment. Why are you being ignorant and adamant to invest in bitcoin with all what you said above. I hope that you don't regret your actions of waiting at the ball park learning about bitcoin without any evidence to show that you believe and have confidence in bitcoin. Investing in bitcoin is not all about theory because there are other factors like emotions during market fluctuation, temptation of profits, patience, discipline and financial management. Without investing how will you experience all these and advice someone to invest in a long term. It will be good for you to put your shit together and start investing in bitcoin with your discretionary income right away. If you don't have a means of income look for one, if you don't have a discretionary income, cut down your expenses and look for a second means of income. This is why this forum was created to be a gateway for people to invest in bitcoin and build their bitcoin investment for future sake. Don't be a no coiner or a low coiner in future.
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Samlucky O
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January 26, 2025, 04:50:13 PM |
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Investing in shitcoin is like someone who dreams of getting rich in the near future. Indeed, there are people who have succeeded in getting big profits from small initial capital. It happened not because it was analyzed from the beginning, but because of coincidence.
surely your statement in the first paragraph doesn't seem to me like something that is complete yet. i would have loved it if you said investing in shitcoin is like someone who is having" False dream" of getting rich in the future. investing in shitcoin and hoping to be rich in the future is like planting a rotten seed and hoping for it to germinate and yield forth fruit in the future which perhaps it's impossible. actually there are folks who made big profit from small initial capital, but this people are people who lay their hands on a tangible thing that is worth investing and has a possibility or high tendency of given a positive return in the near future and not shitcoin. it is better to invest on something that is worth investing than investing on something that is not worth the time and dedication. and of course bitcoin is the only thing i can advice you to buy and hodl. In general, investing in shitcoin is the same as piling up money without turnover.
am glad you know that.
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Huliya
Member

Offline
Activity: 175
Merit: 55
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January 26, 2025, 05:48:15 PM |
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First of all you need to know the difference between trading and investment, investment is when you are accumulating Bitcoin and HODL for long while trading is buying now and see out in a short while so advising some one to go into full time trading in other to secure their future is wrong you will definitely put yourself into more pressure while trading because you will consistently be cheeking to know when there is dip or not in other to sell out. Accumulating Bitcoin and HODL for long will give you mind rest rather than trading, traders actually make profit while trading But the risk involved is much compare to long time holders so it is better to accumulate Bitcoin and HODL for a longer time instead of fucking around trading bitcoin which is meant to be an investment.
Hey friend, I don't understand what you are trying to understand. From what I understand, you are getting people interested in trading? You don't seem to be able to differentiate between trading and investing. Trading is a learning subject, not a game for beginners, where many experienced people have faced losses. So it is better not to expose our knowledge to such risks. On the other hand, no one has faced losses due to long-term investment in Bitcoin till date. However, in the beginning, people were confused by seeing such a volatile market and there was a possibility of making mistakes in investment again and again. But since then, right from the time the investment system in the DCA method started. Right from that day, everyone's biggest fear, the volatile market, came into the hands of people. Since then, long-term investment has not faced losses. Therefore, instead of wasting time by trading, we focus on investment.
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Mayor of ogba
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January 26, 2025, 06:17:44 PM |
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Honestly, to me what is defined as huge some of money total depends on individual When it comes to Bitcoin investment because what the next person may consider to be huge might be little to the next man perhaps Bitcoin investment is built in such a way that anyone is expected to stay within the area of their own financial comfort while accumulating Bitcoin because our financial muscles are not the same. However, no one is also be encouraged to invest more than their discretionary income or used money that is meant for their other Living expenses to buy Bitcoin, even though we have believe and commitment towards Bitcoin it is also good that you balance your psychology towards what may or may not happen, don't be in a hurry to forget that the environment is saturated with uncertainty but yet we still have to consider the possibilities of what we believe.
It is a good idea to invest in Bitcoin, but have you ever thought about how to maintain Bitcoin in the long term? Not only Bitcoin investment advice is here, but how we maintain Bitcoin in the long term is the most important thing. Because you invest in Bitcoin, many people may sell this Bitcoin due to lack of money because we will not control the income of all people in one muscle. Because all people may differ in income, so to maintain the balance of Bitcoin investment for each person in the long term, his income should be divided into several parts. Money should be separated for Bitcoin investment by keeping the basic expenses of the family separate, and an emergency fund should be kept for Bitcoin investment so that if there is a financial crisis in the family, he can fill the gap from this emergency fund, so that he does not have to sell his Bitcoin investment. We should take such steps for both new and old people so that he can protect his investment in the long term. Sustaining your bitcoin investment for the long term is very simple and easy to achieve if you maintain the rules that guide bitcoin investment, such as having a steady income and investing in bitcoin from your discretionary income or with the money you will not need for 4-10 years or more. When you have a steady income and invest in bitcoin from your discretionary income or with the money you will not need for 4-10 years or more, it will put you in the position of always sorting out your daily expenses anytime they arise without finding it difficult to do, and you will never think of selling your bitcoin for short term profit to get your daily expenses sorted out, which will give you the advantage to hold your bitcoin for the long term. It is only when you invest in bitcoin without a steady income and without your discretionary income or without the money you will not need for 4-10 years or more that you will be finding it difficult to sustain your bitcoin for the long term because you will depend on your bitcoin to get your daily expenses sorted out, which might eventually get you off the game one day.
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PremiumcryptoHub
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January 26, 2025, 07:28:00 PM |
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Focus more on what Bitcoin can do for you and think less of what others think about Bitcoin, and please stop calling people fools because anyone is allowed to do whatever they like with their money, maybe they can learn the hard way.
Investing in shitcoin is like someone who dreams of getting rich in the near future. Indeed, there are people who have succeeded in getting big profits from small initial capital. It happened not because it was analyzed from the beginning, but because of coincidence. I have no evidence to justify this but it is just my guess. In general, investing in shitcoin is the same as piling up money without turnover. Shitcoins are not something one should invest on, shitcoins are scam and should be avoided, I have lost a lot of money in shitcoins and it has frustrated a lot of people, is better you invest in Bitcoin and keep holding. I have not invested yet but I have learned and understood that Bitcoin is the best investment among all investments. Except Bitcoin, Shitcoin is a very risky investment. I have heard many success stories of those who have invested in Bitcoin. So far, no one has failed by investing in Bitcoin and holding it, everyone has achieved success. However, almost everyone has failed in Shitcoin investment. I have also heard that Shitcoin can die at any time and can destroy people at any time in investment. So buy Bitcoin, hold Bitcoin, and surely you will succeed in investment. Your idea about a newbie Bitcoin is very correct. In your positive thinking, you should stay in touch with the forum for guidance in future Bitcoin holdings so that it is more convenient to make the right decision. A newbie investor should be more responsible by accumulating Bitcoin because if your initial foundation is strong, it can be much easier for you to sustain long-term investment and increase your holdings over time. Your idea about risky shitcoins is correct and most people face a lot of financial losses through it. For long-term Bitcoin, you should keep discretionary funds and keep floating cash so that you can continue holding Bitcoin in case of emergency. As a newcomer, I don't find his investment idea to be advantageous at all. He has been Wandering around with Bitcoin and Shitcoin since the early stages, he has started to think of these two as the same. To invest in Bitcoin, you should initially focus only on investing in Bitcoin, Even just buying Bitcoin should be focused on. The initial stage of starting an investment is important for everyone, because at that time everyone wants to buy Bitcoin regularly and the foundation for investment is laid at that time. So If we can make the right decision at this time, our investment will continue properly, and if we make wrong decisions at this time, our investment will not be possible to continue properly. Therefore, a new investor should never show interest in Shitcoin.
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Futurexxx
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January 26, 2025, 08:31:35 PM |
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First of all you need to know the difference between trading and investment, investment is when you are accumulating Bitcoin and HODL for long while trading is buying now and see out in a short while so advising some one to go into full time trading in other to secure their future is wrong you will definitely put yourself into more pressure while trading because you will consistently be cheeking to know when there is dip or not in other to sell out. Accumulating Bitcoin and HODL for long will give you mind rest rather than trading, traders actually make profit while trading But the risk involved is much compare to long time holders so it is better to accumulate Bitcoin and HODL for a longer time instead of fucking around trading bitcoin which is meant to be an investment.
Therefore, instead of wasting time by trading, we focus on investment. You are very much correct here and I think that you are not the only one that thinks such way, trading is a complete waste of time energy mostly if you knows nothing about the craft, and why it is very dangerous is that you can lose all your hard earned money just in a twinkle of an eye, but with Bitcoin investment reverse is the case, you can make a fortune from it if you can hold for a very long time, it doesn't matter if you are a newbie investors of not, once you have the basic knowledge on how to buy and what is required to hold effectively, like having a source of income and an emergency funds to sorts out any emergencies that may arise in the future, you are good to go, so it is very important that we focus more on Bitcoin investment than taking stupid risk trading our hard earned money.
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