ZeroVinsonN
Member

Offline
Activity: 272
Merit: 94
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August 03, 2025, 08:30:22 AM |
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I frequently tell people that I don't give any shits if they buy bitcoin or not, yet I am letting them know for their own good, and they can choose to look further into bitcoin and/or to get started or they can just wait until later (or not at all). People tend to be reluctant, even when given them sufficient information and even being somewhat available for them to ask questions.. yet at the same time, they have to do the work, and I am not going to sit down for several hours with anyone because there is a lot of necessity for self-directed investigations into the bitcoin matter and even into just figuring out how to get started.
Exactly, people make their own choices, they can either listen to advise and invest in bitcoin or they don't, if they buy bitcoin, good for them, if they don't then you leave them be, eventually they will realize their mistakes and will seek you out if they still see the need to invest in bitcoin, putting in to much unnecessary work on your part trying to convince someone to invest in bitcoin make them think you are out for your own personal gain making them reluctant in investing, they feel that in certain ways you would be the one to gain from their investments even when this isn't true and truth be told most people don't want others succeeding from their efforts so rather than invest in bitcoin they back away from it, I believe most bitcoin investors are adults and they can decide for themselves what the want to do with their discretionary income and if they are smart enough then bitcoin investment will be the way for them to go and believe me if someone is going to invest in bitcoin, they don't need too much convincing, a smart investor will see the limitless potential in bitcoin and invest in without stress.
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HajiBagi
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August 03, 2025, 08:41:42 AM |
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[edited out]
As a newbie in bitcoin investment, what you need is only a basic knowledge of what you have decided to go into which include, choosing a wallet, knowing how to buy, having a discretionary income and aiming at long-term (initial 4 to 10 years). This would allow you kick off your bitcoin investment while also learning the details as you progress. Bitcoin is a complicated asset which you cannot study enough due to its characteristics, ranging from it's limited supply to its Volatility. This would allow you not to waste more time waiting while opportunities pass by. Sometimes newbies are confused about questions like; if I don't learn everything about bitcoin investment, how will I be sure that I am not going to loose all my money? In that case I think the necessary initial confidence is to come from the person who is about introducing them. I would like to chip in something here, when introducing bitcoin investment to someone who's a novice or have had some Ponzi schemes scam experience, it is important to not that at first he may not want to admit that bitcoin is not a Ponzi scheme. So it's advisable to remind him that you gain nothing for introducing him neither would you loose anything for not introducing him. I have tried this format and I can tell you that it saved me some energy and delivered the information faster. Sometimes people believe that you are only introducing them because of what you stand to gain which is not true.I frequently tell people that I don't give any shits if they buy bitcoin or not, yet I am letting them know for their own good, and they can choose to look further into bitcoin and/or to get started or they can just wait until later (or not at all). People tend to be reluctant, even when given them sufficient information and even being somewhat available for them to ask questions.. yet at the same time, they have to do the work, and I am not going to sit down for several hours with anyone because there is a lot of necessity for self-directed investigations into the bitcoin matter and even into just figuring out how to get started. Anyone who invested in Bitcoin is for their good and themselves, you can’t force yourself or do something good just to make sure people believe in Bitcoin, not everything will be learned before deciding to invest in Bitcoin, when they believe in Bitcoin they will decide if they will invest or not, people are very difficult to understand and no matter how much you try to explain something to them there will still be people who don’t believe you, it looks like wasting of time sometimes when you are about to you want to introduce something very valuable to people because they see it as someone wants to use the opportunity to gain something from them. I have said it many times before that it will be very difficult for me to introduce someone to Bitcoin because those who don’t know about it always think negatively about it. There are many ways to learn Bitcoin.
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Barikui1
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August 03, 2025, 09:03:07 AM |
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Having a source of income is a crucial first step in bitcoin investment. It does not only allow you to invest regularly, it also helps you hold your bitcoin stash for a long time without premature sales. I don't think that investing when you cannot sustain it would be very advisable since this is the beginning of bitcoin gambling. When a person invests without having what he's doing, he's only monitoring the chart to see that it has appreciated before he withdraws it. Appreciation may happen and depreciation may also happen. This is why long term holding remains the best and as a newbie, long-term holding won't be very possible when you don't have anything that gives you a source of income.
Anyone that doesn't have a source of income has no business investing in Bitcoin because he needs to survive first before thinking of investing, so on that note, what the said fellow needs is a job in other to take care of himself and his basic needs. If anyone decides to invest in Bitcoin base on the fact that some money gets into his hands without him having a weekly or monthly income that he can get his discretionary income from, it will only be a matter of time before he falls back to his investment just to survive, so it's a terrible idea to go into Bitcoin investment or anything other investment without having a source that can sustain the investment on the longer run, because starting is easy but sustaining your investment is another thing entirely.
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G_Besar
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August 03, 2025, 10:03:38 AM |
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Anyone who invested in Bitcoin is for their good and themselves, you can’t force yourself or do something good just to make sure people believe in Bitcoin, not everything will be learned before deciding to invest in Bitcoin, when they believe in Bitcoin they will decide if they will invest or not, people are very difficult to understand and no matter how much you try to explain something to them there will still be people who don’t believe you, it looks like wasting of time sometimes when you are about to you want to introduce something very valuable to people because they see it as someone wants to use the opportunity to gain something from them. I have said it many times before that it will be very difficult for me to introduce someone to Bitcoin because those who don’t know about it always think negatively about it. There are many ways to learn Bitcoin.
That's true, and I personally rarely explain Bitcoin to people who don't know it in general. Because people nowadays tend to be more negative when someone explains something new to them. As you said, they'll view it as a unique opportunity for the person explaining it, and they won't immediately evaluate it positively. But of course, among the many people, there are those who immediately respond positively when someone explains Bitcoin to them, although such people are very rare at the moment. However, I would be happy to share Bitcoin information if someone came to me specifically to ask me about it. Because people who come to me intentionally to inquire about Bitcoin certainly have a sincere desire to learn more, although they can also research Bitcoin on the internet and various websites. But I will never tire of sharing Bitcoin knowledge as long as the intention comes from within them, not from us, who sometimes seem to force them to understand, even though it's actually good for them to know.
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Derekfunds
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August 03, 2025, 11:44:26 AM |
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[edited out]
As a newbie in bitcoin investment, what you need is only a basic knowledge of what you have decided to go into which include, choosing a wallet, knowing how to buy, having a discretionary income and aiming at long-term (initial 4 to 10 years). This would allow you kick off your bitcoin investment while also learning the details as you progress. Bitcoin is a complicated asset which you cannot study enough due to its characteristics, ranging from it's limited supply to its Volatility. This would allow you not to waste more time waiting while opportunities pass by. Sometimes newbies are confused about questions like; if I don't learn everything about bitcoin investment, how will I be sure that I am not going to loose all my money? In that case I think the necessary initial confidence is to come from the person who is about introducing them. I would like to chip in something here, when introducing bitcoin investment to someone who's a novice or have had some Ponzi schemes scam experience, it is important to not that at first he may not want to admit that bitcoin is not a Ponzi scheme. So it's advisable to remind him that you gain nothing for introducing him neither would you loose anything for not introducing him. I have tried this format and I can tell you that it saved me some energy and delivered the information faster. Sometimes people believe that you are only introducing them because of what you stand to gain which is not true.I frequently tell people that I don't give any shits if they buy bitcoin or not, yet I am letting them know for their own good, and they can choose to look further into bitcoin and/or to get started or they can just wait until later (or not at all). People tend to be reluctant, even when given them sufficient information and even being somewhat available for them to ask questions.. yet at the same time, they have to do the work, and I am not going to sit down for several hours with anyone because there is a lot of necessity for self-directed investigations into the bitcoin matter and even into just figuring out how to get started. Anyone who invested in Bitcoin is for their good and themselves, you can’t force yourself or do something good just to make sure people believe in Bitcoin, not everything will be learned before deciding to invest in Bitcoin, when they believe in Bitcoin they will decide if they will invest or not, people are very difficult to understand and no matter how much you try to explain something to them there will still be people who don’t believe you, it looks like wasting of time sometimes when you are about to you want to introduce something very valuable to people because they see it as someone wants to use the opportunity to gain something from them. I have said it many times before that it will be very difficult for me to introduce someone to Bitcoin because those who don’t know about it always think negatively about it. There are many ways to learn Bitcoin. I agree with you because sometimes one will be trying to prove or make someone to invest Bitcoin and make a very big mistake in their own investment, so it is pointless trying to prove anything to anyone and everybody must not be a Bitcoin investor because it is a thing of choice or interest. It is not actually all the people that don't know Bitcoin think negative about it, some have heard about it somehow and some of them are eager to learn and know more about it while some don't give a shit about it and so if you see someone who is willing or show some level of enthusiasm in Bitcoin, please teach the person and don't use some people mindset or way of thinking to judge others.
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Ricardo11
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August 03, 2025, 12:19:35 PM |
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[edited out]
As a newbie in bitcoin investment, what you need is only a basic knowledge of what you have decided to go into which include, choosing a wallet, knowing how to buy, having a discretionary income and aiming at long-term (initial 4 to 10 years). This would allow you kick off your bitcoin investment while also learning the details as you progress. Bitcoin is a complicated asset which you cannot study enough due to its characteristics, ranging from it's limited supply to its Volatility. This would allow you not to waste more time waiting while opportunities pass by. Sometimes newbies are confused about questions like; if I don't learn everything about bitcoin investment, how will I be sure that I am not going to loose all my money? In that case I think the necessary initial confidence is to come from the person who is about introducing them. I would like to chip in something here, when introducing bitcoin investment to someone who's a novice or have had some Ponzi schemes scam experience, it is important to not that at first he may not want to admit that bitcoin is not a Ponzi scheme. So it's advisable to remind him that you gain nothing for introducing him neither would you loose anything for not introducing him. I have tried this format and I can tell you that it saved me some energy and delivered the information faster. Sometimes people believe that you are only introducing them because of what you stand to gain which is not true.I frequently tell people that I don't give any shits if they buy bitcoin or not, yet I am letting them know for their own good, and they can choose to look further into bitcoin and/or to get started or they can just wait until later (or not at all). People tend to be reluctant, even when given them sufficient information and even being somewhat available for them to ask questions.. yet at the same time, they have to do the work, and I am not going to sit down for several hours with anyone because there is a lot of necessity for self-directed investigations into the bitcoin matter and even into just figuring out how to get started. Anyone who invested in Bitcoin is for their good and themselves, you can’t force yourself or do something good just to make sure people believe in Bitcoin, not everything will be learned before deciding to invest in Bitcoin, when they believe in Bitcoin they will decide if they will invest or not, people are very difficult to understand and no matter how much you try to explain something to them there will still be people who don’t believe you, it looks like wasting of time sometimes when you are about to you want to introduce something very valuable to people because they see it as someone wants to use the opportunity to gain something from them. I have said it many times before that it will be very difficult for me to introduce someone to Bitcoin because those who don’t know about it always think negatively about it. There are many ways to learn Bitcoin. I agree with you because sometimes one will be trying to prove or make someone to invest Bitcoin and make a very big mistake in their own investment, so it is pointless trying to prove anything to anyone and everybody must not be a Bitcoin investor because it is a thing of choice or interest. It is not actually all the people that don't know Bitcoin think negative about it, some have heard about it somehow and some of them are eager to learn and know more about it while some don't give a shit about it and so if you see someone who is willing or show some level of enthusiasm in Bitcoin, please teach the person and don't use some people mindset or way of thinking to judge others. Bitcoin investment is for everyone and everyone can invest in Bitcoin, but the main thing is that not everyone can benefit from Bitcoin investment, because not everyone can hold Bitcoin correctly and effectively. Bitcoin investment is a long-term journey, where in order to achieve big and significant success, you must hold it for the long term, and it is important to prepare your mentality accordingly to hold it for the long term. But can everyone hold it for the long term? And at this stage, many investors face failure, because firstly, their patience is low and secondly, they cannot hold their mentality during volatility, they panic and make wrong decisions, and because of this, they do not benefit from Bitcoin investment but face more losses. And at this stage, a real long-term investor and a short-term trader are different. Where a long-term investor continues his investment in any situation, and he achieves success in the long term. And a short-term investor panics and sells his holdings during times of uncertainty, and he faces losses and failure.
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Cossyblack
Sr. Member
  
Offline
Activity: 490
Merit: 389
Time Traveler
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August 03, 2025, 12:41:19 PM |
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Having a source of income is a crucial first step in bitcoin investment. It does not only allow you to invest regularly, it also helps you hold your bitcoin stash for a long time without premature sales. I don't think that investing when you cannot sustain it would be very advisable since this is the beginning of bitcoin gambling. When a person invests without having what he's doing, he's only monitoring the chart to see that it has appreciated before he withdraws it. Appreciation may happen and depreciation may also happen. This is why long term holding remains the best and as a newbie, long-term holding won't be very possible when you don't have anything that gives you a source of income.
Anyone that doesn't have a source of income has no business investing in Bitcoin because he needs to survive first before thinking of investing, so on that note, what the said fellow needs is a job in other to take care of himself and his basic needs. If anyone decides to invest in Bitcoin base on the fact that some money gets into his hands without him having a weekly or monthly income that he can get his discretionary income from, it will only be a matter of time before he falls back to his investment just to survive, so it's a terrible idea to go into Bitcoin investment or anything other investment without having a source that can sustain the investment on the longer run, because starting is easy but sustaining your investment is another thing entirely. You're right,having a source of income is important but shouldn't be the first step to consider before starting a bitcoin investment. I think the first and most important steps to look out in a bitcoin investment is having your discretional income and to invest straight away once it is available. An investor can begin investing in Bitcoin once his discretional income ready before starting to source for a job to strengthen his investment weekly or monthly . I also understand that having a source of income will not only strengthen his investment but allows him to be steadily, consistently and persistently in accumulating bitcoin over the years but your are making it looks as if someone must secure a source of income before starting a bitcoin investment which is wrong. Furthermore, a long term investor should secure a source of livelihood after investing in Bitcoin to enable him to sustain his investment and also for him to be able to maintain consistency in buying Bitcoin weekly or monthly regardless of the price for the long term.
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Promocodeudo
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I frequently tell people that I don't give any shits if they buy bitcoin or not, yet I am letting them know for their own good, and they can choose to look further into bitcoin and/or to get started or they can just wait until later (or not at all). People tend to be reluctant, even when given them sufficient information and even being somewhat available for them to ask questions.. yet at the same time, they have to do the work, and I am not going to sit down for several hours with anyone because there is a lot of necessity for self-directed investigations into the bitcoin matter and even into just figuring out how to get started.
Some person are not only reluctant but also confused even when they have heard and seen what they will like benefit in the future as Bitcoin investors bit you know what, they choose to be hovering around, it is too bad that even though we keep telling them about the benefits of Bitcoin they are comfortable playing the I don't care role which will definely lead to regret in the future, some people are very lucky to get information of how to invest in Bitcoin in a manner that will be helpful to them on a plater of gold, for some it wasn't easy because they search seriously for it and may be that's why they took it serious, I think it is very common for people that never suffered for something to joke with it but this can't deter also from spreading they news, those that have ears let them hear but if they refuse fine and I think there's nothing anyone can do.
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Humblevirus
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August 03, 2025, 01:52:19 PM |
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I have said it many times before that it will be very difficult for me to introduce someone to Bitcoin because those who don’t know about it always think negatively about it. There are many ways to learn Bitcoin.
As for me, I am always ready to introduce people to Bitcoin anytime I see that they don't know much about it, or when my close ones don't know about it. I am always ready to tell them more about Bitcoin, and they always appreciate me for the introduction. Still, there are some people who have negative opinions about Bitcoin. I don't always blame them for that because I know it's due to a lack of understanding about the truth behind Bitcoin. People are different, and not everyone you introduce to Bitcoin will have a negative view of it. However, there’s one important point: don’t force anyone to invest in Bitcoin. Just introduce them to it and share what they need to know, especially about investment—not trading. If many people had the opportunity to be introduced to Bitcoin by someone knowledgeable at first, many might not have invested in those 'shitcoin' projects that have lost them money. After all, shitcoins are all about pump and dump.
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kanftka
Member

Offline
Activity: 154
Merit: 68
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August 03, 2025, 02:20:23 PM |
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that is why i always advise newbies over time that at your earliest stage of your Bitcoin journey it is always advisable to learn everything that you needed to know about Bitcoin investments .
Trying to learn all about bitcoin before getting started can be disturbing procastination might come in and you may not be able to start buying bitcoin, there are experience you will get when when you get started then waiting to learn everything before you start buying bitcoin, if you already have some little knowledge about and you also see that you have a discretionary income you can get started on that process you can be learning gradually about bitcoin and still be buying bitcoin and that will be the best because the time you will be waiting and learning bitcoin you can actually use it to be buying bitcoin using the dca method consistently and hold for long time. So you mean without having any knowledge about Bitcoin, I can invest? Firstly, let’s just be honest with ourselves, there is no rule anywhere that says you must know everything about Bitcoin before you can invest. Some people choose to learn first before they buy, while others just go ahead and invest first, then try to understand things later. It depends on the person and how they see things. Because I don’t think someone can just wake up a day without knowing the process of how to buy Bitcoin and say he or she want to invest in Bitcoin, everything needs to be learned that is why it is advisable to know about Bitcoin before investing in it, i don’t think knowing about Bitcoin before buying is a wasting of time and it will never be a waste of time to me because in anything you do you have to know what you are doing to avoid regretting at the end.
Although time wait for nobody and there are different ways to invest in Bitcoin but some people find it difficult to understand, some people might be thinking negative about it or fear to not get scammed at the process when they never know much about Bitcoin, as far as Bitcoin is still in the market and everyone can invest in time with any amount you are capable of investing, I will advise for newbies should understand take their time to learn before taking action, it won’t take long and I believe they will understand.
But still, one thing I believe is that having some basic knowledge before investing is very important. Even if it is not everything, at least understand what Bitcoin really is, how it works, how to buy and store it properly, those small things can really help you in the long run. It gives you more confidence and makes you less likely to fall for scams or make careless mistakes. The truth is, nobody is born with this knowledge. We all learn it step by step…. Some of us got scared because of stories we heard in our early days in Bitcoin, maybe about scammers or people who lost money… And it is true, there are few bad sides to it, but most of the fear comes from not knowing enough. That is why I always say that before you put your money into Bitcoin, try to understand it first. It won’t take forever, and it is better to be sure of what you are doing than to just follow hype….
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Merit.s
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August 03, 2025, 03:33:44 PM |
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Having a source of income is a crucial first step in bitcoin investment. It does not only allow you to invest regularly, it also helps you hold your bitcoin stash for a long time without premature sales. I don't think that investing when you cannot sustain it would be very advisable since this is the beginning of bitcoin gambling. When a person invests without having what he's doing, he's only monitoring the chart to see that it has appreciated before he withdraws it. Appreciation may happen and depreciation may also happen. This is why long term holding remains the best and as a newbie, long-term holding won't be very possible when you don't have anything that gives you a source of income.
Anyone that doesn't have a source of income has no business investing in Bitcoin because he needs to survive first before thinking of investing, so on that note, what the said fellow needs is a job in other to take care of himself and his basic needs. If anyone decides to invest in Bitcoin base on the fact that some money gets into his hands without him having a weekly or monthly income that he can get his discretionary income from, it will only be a matter of time before he falls back to his investment just to survive , so it's a terrible idea to go into Bitcoin investment or anything other investment without having a source that can sustain the investment on the longer run, because starting is easy but sustaining your investment is another thing entirely. Even if you don't have a source of income, you can still invest into bitcoin provided that you have a discretionary income. For instance, I know about bitcoin potentials and don't have a source of income, I can still invest into bitcoin. If I am given funds as a gift which I did not expect, therefore, I have no plans for the money. I can simply use the money to invest into bitcoin and act as if I wasn't given any funds. You must not have a source of income first before you can take advantage of the opportunity to own a little sats than staying in the no coiner level. However, a stable source of income is important in order for you to keep your bitcoin accumulation ongoing consistently and persistently for 4-10 years and above. Since you have bought your first bitcoin, it shows a sign of commitment because you bought even when you don't have an income. You can look for a means of income with a discretionary income so that you can continue your bitcoin investment.
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HistoLock
Member

Offline
Activity: 112
Merit: 13
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August 03, 2025, 04:07:02 PM |
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The current time is a period to buy more bitcoin, the greed index is still prevalent and everyone believes that the price of bitcoin will continue to rise, even those who sell now the intention that the price of bitcoin will decrease in the short term and is an opportunity to buy more bitcoin for the long term. If you are an investor, it is an ideal opportunity to buy, and if you are in circulation, it is a good opportunity for sale and purchase at a cheaper price in the coming weeks.
Yes I think if you invest in Bitcoin when its price will increase then it is good for you. This is the only opportunity for long term investment. I think Bitcoin is the only safe currency, if you invest in this currency then you can make your future bright. There are many who want to buy it when the price is high but they may not know that if you buy it when its price is low then you can earn much more profit from it in the future.
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Tonimez
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August 03, 2025, 04:42:09 PM |
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The current time is a period to buy more bitcoin, the greed index is still prevalent and everyone believes that the price of bitcoin will continue to rise, even those who sell now the intention that the price of bitcoin will decrease in the short term and is an opportunity to buy more bitcoin for the long term. If you are an investor, it is an ideal opportunity to buy, and if you are in circulation, it is a good opportunity for sale and purchase at a cheaper price in the coming weeks.
Yes I think if you invest in Bitcoin when its price will increase then it is good for you. This is the only opportunity for long term investment. I think Bitcoin is the only safe currency, if you invest in this currency then you can make your future bright. There are many who want to buy it when the price is high but they may not know that if you buy it when its price is low then you can earn much more profit from it in the future. Go to the next page mate, I mean head to the last pages. That's an ill Idea, I just checked this post you're replying to and it's a post made since march last year. This is why you need to read newer versions of every text. Bitcoin is not to be traded in any form. You should not have the mindset of predicting bitcoin prices as you don't know the next line of volatility. Investing in bitcoin should be a continuous act, buying at all time and not just on the dips. It is good if you get things right as a newbie, it would help you make the right decisions in the future. Bitcoin trading is same as gambling and can land you in series of losses which could possibly keep you off bitcoin investment when you no longer have the ability to bear the loss. Bitcoin behaviour recently should not be the reason to panic and sell of any of your bitcoin stash if you actually have any, neither should the current price behaviour be the reason for not buying now. Just plan a long-term holding and you see yourself rejoicing later.
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Princess Leah
Sr. Member
  
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Activity: 602
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Recognized among the best crypto casino options.
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August 03, 2025, 04:51:01 PM |
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The current time is a period to buy more bitcoin, the greed index is still prevalent and everyone believes that the price of bitcoin will continue to rise, even those who sell now the intention that the price of bitcoin will decrease in the short term and is an opportunity to buy more bitcoin for the long term. If you are an investor, it is an ideal opportunity to buy, and if you are in circulation, it is a good opportunity for sale and purchase at a cheaper price in the coming weeks.
The correction phase of Bitcoin is always a buying opportunity, it's a period when those who wants to invest aggressively should seized the opportunity to buy as much as their financial capacity permits them to, those who wants to do the lump-sum can buy during that period and still continue with the DCA, yes those who's reached their target, those who's been accumulating for a decade can decide to sell some portions and still buy back during that period but selling is not for newbies or those who haven't held up to a circle atleast. Yes I think if you invest in Bitcoin when its price will increase then it is good for you. This is the only opportunity for long term investment. I think Bitcoin is the only safe currency, if you invest in this currency then you can make your future bright. There are many who want to buy it when the price is high but they may not know that if you buy it when its price is low then you can earn much more profit from it in the future.
There's nobody who's invested in Bitcoin and held for long-term that hasn't testified good about doing so, bitcoin is not the only investment with a good opportunity but it's one of the best if not the best in present time, yes it's the safest digital currency for investment and anyone that wants a path of financial freedom in the future should only choose Bitcoin since it has proven over the years that it's the best. Also, so far an investor is doing the DCA it doesn't matter whether you buy when the price is high or low, though the dip has it's own opportunity but one shouldn't wait for it before buying.
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danadc
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August 03, 2025, 06:15:20 PM |
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I personally believe that starting small is one of the best ways to actually learn. You feel more involved when you have something at stake, even if it is just $20 or $50 DCAing. It makes you pay more attention, and that is when the real learning kicks in. Read more, ask questions, and gradually get better over time.
The experience is nice, but considering that many of us have no choice but to do the DCA because we don't have 1 BTC, it's the best option However, if we have the option to buy BTC, there's no need to think about it. You have to have BTC, and afterward, there's nothing better than having that peace of mind. If the goal is to accumulate to get more BTC, then what you're saying is good: 20, 30, 40 USD every time you can, accumulation is the most advisable. However, a stable source of income is important in order for you to keep your bitcoin accumulation ongoing consistently and persistently for 4-10 years and above. Since you have bought your first bitcoin, it shows a sign of commitment because you bought even when you don't have an income. You can look for a means of income with a discretionary income so that you can continue your bitcoin investment.
This is very true, there are no excuses for not having BTC , you have to make an effort to obtain Discretionary Income , I know that when you have a Stable job time is the problem , but everything in life Requires sacrifices and if it is to have BTC it is worth doing it.
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Miles2006
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Offline
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August 03, 2025, 07:07:59 PM |
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that is why i always advise newbies over time that at your earliest stage of your Bitcoin journey it is always advisable to learn everything that you needed to know about Bitcoin investments .
Trying to learn all about bitcoin before getting started can be disturbing procastination might come in and you may not be able to start buying bitcoin, there are experience you will get when when you get started then waiting to learn everything before you start buying bitcoin, if you already have some little knowledge about and you also see that you have a discretionary income you can get started on that process you can be learning gradually about bitcoin and still be buying bitcoin and that will be the best because the time you will be waiting and learning bitcoin you can actually use it to be buying bitcoin using the dca method consistently and hold for long time. For clarity purpose learn the basic knowledge while buying bitcoin, investing doesn’t need a heavy load of knowledge mostly when a newbie wants to start investing. You’re right in terms of experience, the practical process makes understanding better besides bitcoin investment journey is not difficult, waiting to learn first can only cause waste of time and delay most especially when the price is unpredictable, if a person should wait to learn before investing they’re missing on the market price there’s a probability you might not meet same price range.
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Kelward
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August 03, 2025, 07:51:30 PM |
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I have said it many times before that it will be very difficult for me to introduce someone to Bitcoin because those who don’t know about it always think negatively about it. There are many ways to learn Bitcoin.
As for me, I am always ready to introduce people to Bitcoin anytime I see that they don't know much about it, or when my close ones don't know about it. I am always ready to tell them more about Bitcoin, and they always appreciate me for the introduction. Still, there are some people who have negative opinions about Bitcoin. I don't always blame them for that because I know it's due to a lack of understanding about the truth behind Bitcoin. People are different, and not everyone you introduce to Bitcoin will have a negative view of it. However, there’s one important point: don’t force anyone to invest in Bitcoin. Just introduce them to it and share what they need to know, especially about investment—not trading. If many people had the opportunity to be introduced to Bitcoin by someone knowledgeable at first, many might not have invested in those 'shitcoin' projects that have lost them money. After all, shitcoins are all about pump and dump. From the negative responses that I got when I first knew about the potentials of Bitcoin I don't bother anymore to convince family and friends to invest in it. I don't tell anyone again about Bitcoin investment, if I see them talk about it and I see genuine interest in them that is when I can share my knowledge. Besides because of the different recent news about crypto owners that have been attacked I don't think that it's very safe to let everybody to know about your Bitcoin holding. Bitcoin has made a name for itself and anybody that is curious about it can easily ask AI and get results. For the smart ones that will invest in Bitcoin let them hold for the long term and understand that dip is a part of it's volatility, it'll always rise and reach new ATH.
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Proty
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August 03, 2025, 07:56:08 PM |
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Having a source of income is a crucial first step in bitcoin investment. It does not only allow you to invest regularly, it also helps you hold your bitcoin stash for a long time without premature sales. I don't think that investing when you cannot sustain it would be very advisable since this is the beginning of bitcoin gambling. When a person invests without having what he's doing, he's only monitoring the chart to see that it has appreciated before he withdraws it. Appreciation may happen and depreciation may also happen. This is why long term holding remains the best and as a newbie, long-term holding won't be very possible when you don't have anything that gives you a source of income.
Anyone that doesn't have a source of income has no business investing in Bitcoin because he needs to survive first before thinking of investing, so on that note, what the said fellow needs is a job in other to take care of himself and his basic needs. If anyone decides to invest in Bitcoin base on the fact that some money gets into his hands without him having a weekly or monthly income that he can get his discretionary income from, it will only be a matter of time before he falls back to his investment just to survive , so it's a terrible idea to go into Bitcoin investment or anything other investment without having a source that can sustain the investment on the longer run, because starting is easy but sustaining your investment is another thing entirely. Even if you don't have a source of income, you can still invest into bitcoin provided that you have a discretionary income. For instance, I know about bitcoin potentials and don't have a source of income, I can still invest into bitcoin. If I am given funds as a gift which I did not expect, therefore, I have no plans for the money. I can simply use the money to invest into bitcoin and act as if I wasn't given any funds. You must not have a source of income first before you can take advantage of the opportunity to own a little sats than staying in the no coiner level. However, a stable source of income is important in order for you to keep your bitcoin accumulation ongoing consistently and persistently for 4-10 years and above. Since you have bought your first bitcoin, it shows a sign of commitment because you bought even when you don't have an income. You can look for a means of income with a discretionary income so that you can continue your bitcoin investment. If I said I don't really agree with what you said about someone without a source of income having a discretionary income then am lieing to you. Without a source of income I don't think it will be possible for you to even think of investing, investment is not for everyone and as such I have seen someone who is finding it difficult to feed to be talking of having extra cash to invest with. You can talk of not having a stable source of income but not having a source of income at all is the same thing as not having a discretionary income. Just like you said if you are given a gift and decided to invest it in bitcoin, what happened if you are in need or an emergency occurs then you will be forced to fall back to your bitcoin investment. Bitcoin investment is not meant for everyone especially if you can't meet up with your expenses.
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SOKO-DEKE
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August 03, 2025, 08:05:34 PM |
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The current time is a period to buy more bitcoin, the greed index is still prevalent and everyone believes that the price of bitcoin will continue to rise, even those who sell now the intention that the price of bitcoin will decrease in the short term and is an opportunity to buy more bitcoin for the long term. If you are an investor, it is an ideal opportunity to buy, and if you are in circulation, it is a good opportunity for sale and purchase at a cheaper price in the coming weeks.
Every current price of Bitcoin is an opportunity for me to accumulate more of it, as long as someone has discretionary funds big or small because Bitcoin's price is unpredictable. If you're waiting for one particular moment to accumulate more, it's possible that moment may never come. The best approach is to use the DCA (dollar-cost averaging) method: continue accumulating as you set a fixed amount to buy every week or month. Once you have larger discretionary funds, increase your DCA amount either weekly or monthly. There are many who want to buy it when the price is high but they may not know that if you buy it when its price is low then you can earn much more profit from it in the future.
I don't think anyone always wants to buy Bitcoin when the price is higher. But the reason why people are buying at every price point is because they see Bitcoin as an opportunity every time. Nobody knows what price will come up in the coming days. Whether you have the opportunity to buy it low or high, the most important thing is how long you hold your Bitcoin that also determines the profit you will make. There is a group of people who had the opportunity to accumulate Bitcoin when it was $10K, but they sold it two years later when the price increased to $15K. On the other hand, there are people who bought Bitcoin at $20K and are still holding. Just imagine their profits now with the current price.as long as someone is holding for the long term, price should not be the main focus.
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Stormisover
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August 03, 2025, 08:28:20 PM |
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The current time is a period to buy more bitcoin, the greed index is still prevalent and everyone believes that the price of bitcoin will continue to rise, even those who sell now the intention that the price of bitcoin will decrease in the short term and is an opportunity to buy more bitcoin for the long term. If you are an investor, it is an ideal opportunity to buy, and if you are in circulation, it is a good opportunity for sale and purchase at a cheaper price in the coming weeks.
Every current price of Bitcoin is an opportunity for me to accumulate more of it, as long as someone has discretionary funds big or small because Bitcoin's price is unpredictable. If you're waiting for one particular moment to accumulate more, it's possible that moment may never come. The best approach is to use the DCA (dollar-cost averaging) method: continue accumulating as you set a fixed amount to buy every week or month. Once you have larger discretionary funds, increase your DCA amount either weekly or monthly. There are many who want to buy it when the price is high but they may not know that if you buy it when its price is low then you can earn much more profit from it in the future.
I don't think anyone always wants to buy Bitcoin when the price is higher. But the reason why people are buying at every price point is because they see Bitcoin as an opportunity every time. Nobody knows what price will come up in the coming days. Whether you have the opportunity to buy it low or high, the most important thing is how long you hold your Bitcoin that also determines the profit you will make. There is a group of people who had the opportunity to accumulate Bitcoin when it was $10K, but they sold it two years later when the price increased to $15K. On the other hand, there are people who bought Bitcoin at $20K and are still holding. Just imagine their profits now with the current price.as long as someone is holding for the long term, price should not be the main focus. The profits you make is determined by the size of Bitcoin you were able to accumulate and how long you were also able to hold most people prioritize longevity and forget that the focus also has to be accumulating a reasonable size of Bitcoin in order to have a good profit over the long term, every man will be rewarded according to their efforts both in size of this Bitcoin and the duration of time. It is problematic when investment decisions are being influenced by market conditions rather than the availability of of your investment money because the market conditions is unpredictable.
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