sotelorene
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May 30, 2024, 03:22:29 PM |
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The thing is, as Bitcoin already proved its ability and if you trust it then it already gave you lots of options to buy with cheap, like after end of provides bull season, bitcoin was down for a year maybe $16k something. But where were these investors who wanna buy Bitcoin now? So you should buy that time. Now its flying and already get huge up. Now its risky. Nobody knows if it going to hit $100k or down to $40k again. Even whom who buy at ath price of $72-74k price, are in loss currently. But if they buy now then they can avarage their buying price and get rid of losses. Bitcoin is valid but don't it also follow some criteria. Don't buy or sell blindly. Although now I'll take risk for buying. If it go down, will buy again to avarage the price.
Your naratives shows that you are yet to figure out the true potential Bitcoin holds and how to go about it, yeah in as much as those that invested in Bitcoin earliest days must have benefited a lot, it doesn't make much of the difference with those buying now if only they can hold for longer period of time of about 4 to 10 years or more, buying Bitcoin when the price goes down can be good as it gives the opportunity of buying more Bitcoin at a lower price compared to it's previous high but you don't have to wait for a price drop before you buy, as you don't know if you are going to see the drop you are waiting for, because Bitcoin could go higher while you are waiting for a price drop, with your dca strategy you can buy Bitcoin irrespective of the price point either weekly or monthly according to your financial situation on different intervals which makes you to be in the market on time without any forms of timing the market, while making other arrangements for buying when there is a price drop, your consistency with your dcaing is very important as it takes fewer and fewer of Bitcoin to have a sizeable worth of Bitcoin which you will benefit in the future time. You are absolutely right mate, even if we invest now and allow our investment stay longer time or maybe years we are still going to benefit like those old investors provided Bitcoin skyrocket so high above our investment price. If anyone wants to enjoy Bitcoin like those old investors then, one should have patient and keep accumulating more Bitcoin maybe using the DCA method just as they have said above and if you are able to accumulate more of it, it can be possible to gain profit more than those old investors during their time if the coin value appreciate excedenly.
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Hewlet
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May 30, 2024, 06:07:35 PM |
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The thing is, as Bitcoin already proved its ability and if you trust it then it already gave you lots of options to buy with cheap, like after end of provides bull season, bitcoin was down for a year maybe $16k something. But where were these investors who wanna buy Bitcoin now? So you should buy that time. Now its flying and already get huge up. Now its risky. Nobody knows if it going to hit $100k or down to $40k again. Even whom who buy at ath price of $72-74k price, are in loss currently. But if they buy now then they can avarage their buying price and get rid of losses. Bitcoin is valid but don't it also follow some criteria. Don't buy or sell blindly. Although now I'll take risk for buying. If it go down, will buy again to avarage the price.
Your naratives shows that you are yet to figure out the true potential Bitcoin holds and how to go about it, yeah in as much as those that invested in Bitcoin earliest days must have benefited a lot, it doesn't make much of the difference with those buying now if only they can hold for longer period of time of about 4 to 10 years or more, buying Bitcoin when the price goes down can be good as it gives the opportunity of buying more Bitcoin at a lower price compared to it's previous high but you don't have to wait for a price drop before you buy, as you don't know if you are going to see the drop you are waiting for, because Bitcoin could go higher while you are waiting for a price drop, with your dca strategy you can buy Bitcoin irrespective of the price point either weekly or monthly according to your financial situation on different intervals which makes you to be in the market on time without any forms of timing the market, while making other arrangements for buying when there is a price drop, your consistency with your dcaing is very important as it takes fewer and fewer of Bitcoin to have a sizeable worth of Bitcoin which you will benefit in the future time. You are absolutely right mate, even if we invest now and allow our investment stay longer time or maybe years we are still going to benefit like those old investors provided Bitcoin skyrocket so high above our investment price. If anyone wants to enjoy Bitcoin like those old investors then, one should have patient and keep accumulating more Bitcoin maybe using the DCA method just as they have said above and if you are able to accumulate more of it, it can be possible to gain profit more than those old investors during their time if the coin value appreciate excedenly. I think that there is no point of trying to compare the rate of your profitability in your Bitcoin investments with how profitable earlier Bitcoin holders where. And somehow, it's going to be deficult to assume that we can be as profitable as previous Bitcoin holders or to think that in no space of time, Bitcoin could do double of what we have now that will give us the right standing to making such comparison. The past has gone and we've got to face the the reality of the presence in anticipation of the future bull and the best way to do so is just by continuous stacking of your Bitcoin and never allowing price sentiment to serve as a setback that will stop us from buying even in moments when we experience certain correction in the market. In relating with what played out in the past and trying to bring it to the presence, it should be that we're looking at the fact that what was once looked at in the past as a massive ATH is now the least bearish seasons that Bitcoin can't ever get to and so it's very possible that in few years to come, what's now seen as a potential big bull for bitcoin when it eventually goes above $100k might be a bearish season in the future. But we can't tell if this must certainly happen as speculated but even if Bitcoin didn't go to high, by continuous DCA with long term holding in view, we're going to be as profitable as we can be in our own dispensation.
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sotelorene
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May 30, 2024, 08:59:10 PM |
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The thing is, as Bitcoin already proved its ability and if you trust it then it already gave you lots of options to buy with cheap, like after end of provides bull season, bitcoin was down for a year maybe $16k something. But where were these investors who wanna buy Bitcoin now? So you should buy that time. Now its flying and already get huge up. Now its risky. Nobody knows if it going to hit $100k or down to $40k again. Even whom who buy at ath price of $72-74k price, are in loss currently. But if they buy now then they can avarage their buying price and get rid of losses. Bitcoin is valid but don't it also follow some criteria. Don't buy or sell blindly. Although now I'll take risk for buying. If it go down, will buy again to avarage the price.
Your naratives shows that you are yet to figure out the true potential Bitcoin holds and how to go about it, yeah in as much as those that invested in Bitcoin earliest days must have benefited a lot, it doesn't make much of the difference with those buying now if only they can hold for longer period of time of about 4 to 10 years or more, buying Bitcoin when the price goes down can be good as it gives the opportunity of buying more Bitcoin at a lower price compared to it's previous high but you don't have to wait for a price drop before you buy, as you don't know if you are going to see the drop you are waiting for, because Bitcoin could go higher while you are waiting for a price drop, with your dca strategy you can buy Bitcoin irrespective of the price point either weekly or monthly according to your financial situation on different intervals which makes you to be in the market on time without any forms of timing the market, while making other arrangements for buying when there is a price drop, your consistency with your dcaing is very important as it takes fewer and fewer of Bitcoin to have a sizeable worth of Bitcoin which you will benefit in the future time. You are absolutely right mate, even if we invest now and allow our investment stay longer time or maybe years we are still going to benefit like those old investors provided Bitcoin skyrocket so high above our investment price. If anyone wants to enjoy Bitcoin like those old investors then, one should have patient and keep accumulating more Bitcoin maybe using the DCA method just as they have said above and if you are able to accumulate more of it, it can be possible to gain profit more than those old investors during their time if the coin value appreciate excedenly. I think that there is no point of trying to compare the rate of your profitability in your Bitcoin investments with how profitable earlier Bitcoin holders where. And somehow, it's going to be deficult to assume that we can be as profitable as previous Bitcoin holders or to think that in no space of time, Bitcoin could do double of what we have now that will give us the right standing to making such comparison. The past has gone and we've got to face the the reality of the presence in anticipation of the future bull and the best way to do so is just by continuous stacking of your Bitcoin and never allowing price sentiment to serve as a setback that will stop us from buying even in moments when we experience certain correction in the market. In relating with what played out in the past and trying to bring it to the presence, it should be that we're looking at the fact that what was once looked at in the past as a massive ATH is now the least bearish seasons that Bitcoin can't ever get to and so it's very possible that in few years to come, what's now seen as a potential big bull for bitcoin when it eventually goes above $100k might be a bearish season in the future. But we can't tell if this must certainly happen as speculated but even if Bitcoin didn't go to high, by continuous DCA with long term holding in view, we're going to be as profitable as we can be in our own dispensation. I am not trying to compare the profit of earlier Bitcoin holders and the present people now rather i just trying to make him understand that nothing has changed in Bitcoin investment the only change we have seen so far is the skyrocketing of Bitcoin. However, if we invest with any method , but I prefer the DCA method and hold it for a some time or years we are going to make good profit from it.
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Proty
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May 30, 2024, 09:03:57 PM |
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I was expecting you to outline people invest in Bitcoin because of how valuable it can be and an asset worth also like Gold of which is the best place to make our money work for us.
we assume that investing in Bitcoin during this time is much better in preserving your assets, interacting with Bitcoin investors should make them able to understand Bitcoin and Investment in it, and honestly nothing is too late for those who still want to get into Bitcoin even in the current circumstances. very good value. I don't agree with you; anybody who says this period is the best time to invest in bitcoin was doubting bitcoin and refused to invest in bitcoin when he had the chance to accumulate bitcoin at a low price, but he didn't. The best time to accumulate bitcoin is in the bear market because you will accumulate a reasonable amount of bitcoin with less money, but anyone who fails to accumulate bitcoin in the bear market can do so when bitcoin is at its peak since bitcoin is a long-term investment. Well there is no time that is not best for accumulating bitcoin more especially if you are doing DCA. so longer as you are long term investor dip, bearish market shouldn't be consider the best time to accumulate bitcoin . I think the best time to accumulate bitcoin is whenever you have disposable income.
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sotelorene
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May 30, 2024, 09:19:14 PM |
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All of these problems can occur to many investors because I mean you have little real experience with crypto. See if you could have done good altcoins or bitcoin holding earlier this year you could have sold with huge profit at this time. On the other hand some people are afraid and they think the market can crush at any time so they don't just invest in the market to enjoy the right profit time. Strengthen your attitude and think about what you want to do.
It's quite unfortunate when investors began to act frustrated and unlearned not to hold responsibly of their crypto investments instead they lives by panics. If intentionally you ventures into an untrust crypto coins then obviously it's the investor fault because you can't invest on bitcoin or a reputable AltCoins like Ethereum and feel it was going to crash. The FOMO only comes when you Invested in those projects or you lack the markets understanding. How do you think someone will intentionally venture into an untrust crypto coin I mean is the person crazy or what cause a normal person can never see fire and still went to put his hand inside the fire definitely it will burn the person however, it is an abnormal case for someone to invest in a coin you know it won't do well or coin that doesn't have strong team. Etherum is good to invest in but what I don't like about it, is the Gas fees that's why i prefer to invest in Bitcoin cause I believe Bitcoin is the safest place now to invest and it has proven it though we can't tell what will happen in the future.
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sotelorene
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May 30, 2024, 09:35:15 PM |
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I was expecting you to outline people invest in Bitcoin because of how valuable it can be and an asset worth also like Gold of which is the best place to make our money work for us.
we assume that investing in Bitcoin during this time is much better in preserving your assets, interacting with Bitcoin investors should make them able to understand Bitcoin and Investment in it, and honestly nothing is too late for those who still want to get into Bitcoin even in the current circumstances. very good value. I don't agree with you; anybody who says this period is the best time to invest in bitcoin was doubting bitcoin and refused to invest in bitcoin when he had the chance to accumulate bitcoin at a low price, but he didn't. The best time to accumulate bitcoin is in the bear market because you will accumulate a reasonable amount of bitcoin with less money, but anyone who fails to accumulate bitcoin in the bear market can do so when bitcoin is at its peak since bitcoin is a long-term investment. Well there is no time that is not best for accumulating bitcoin more especially if you are doing DCA. so longer as you are long term investor dip, bearish market shouldn't be consider the best time to accumulate bitcoin . I think the best time to accumulate bitcoin is whenever you have disposable income. Different people with different perspective, most people believe there's always a best time to invest in Bitcoin why most people believe everything is best to invest in Bitcoin and I don't want to dispute any of these but one thing they should know is that, that which they believe has an advantage and disadvantage. Those who believe that there's a best time to invest in Bitcoin are those people who wait for the dip, bearish etc before they invest and the advantage is that if they should wait and the Bitcoin dip and they invest they are going to be on profit if Bitcoin take a bull run but the disadvantage is that if they wait hoping for Bitcoin to dip and then it happen that Bitcoin skyrocket they won't be able to invest. However, those who believe there's no best time to invest are mostly the long term holders and some of them uses the DCA method and the advantage is that, they don't bother about the movement of Bitcoin because no matter the down trend it will surely come up.
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Mayor of ogba
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May 30, 2024, 10:06:21 PM |
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I was expecting you to outline people invest in Bitcoin because of how valuable it can be and an asset worth also like Gold of which is the best place to make our money work for us.
we assume that investing in Bitcoin during this time is much better in preserving your assets, interacting with Bitcoin investors should make them able to understand Bitcoin and Investment in it, and honestly nothing is too late for those who still want to get into Bitcoin even in the current circumstances. very good value. I don't agree with you; anybody who says this period is the best time to invest in bitcoin was doubting bitcoin and refused to invest in bitcoin when he had the chance to accumulate bitcoin at a low price, but he didn't. The best time to accumulate bitcoin is in the bear market because you will accumulate a reasonable amount of bitcoin with less money, but anyone who fails to accumulate bitcoin in the bear market can do so when bitcoin is at its peak since bitcoin is a long-term investment.
So are you saying that if a investor was not able to buy bitcoin during the bear market, he should wait and buy bitcoin when bitcoin price is at the peak in the bull run, I disagree with you on this statement of yours. I know that the bear market is the best time to buy bitcoin, but what about those people who did not know bitcoin during the bear season. If a new investor want to start his bitcoin investment, the best time is now as there is no best time for a new beginner or a low coiner, since his bitcoin portfolio is slim. That investor should start right away to buy bitcoin as long as he has made his proper plan on how much he will use to buy bitcoin that will not affect him financially, because he is on a long-term ride and he can buy bitcoin using DCA always either weekly or month provided that he does not skip any week or month. The new investor should not care about the market, but only focus on his bitcoin journey since he already has his emergency and reserve fund to remove any obstacle that will come his way, and with his regular DCA, he can buy bitcoin both at the bull run and at bear market and at any price consistently for 4-10 yrs and above. It is an investor who have reached a certain level of decent amount in his bitcoin portfolio that can choose to only buy at the dip, because he might have reached his maintenance stage or close to it. If an investor fails to accumulate bitcoin in the bear market, he will eventually accumulate bitcoin in the bull market because, after the bear market, comes the bull market. In the bull market, Bitcoin is always at its peak, just the way it is now. What I said in my comment doesn't stop any new investor from not investing in bitcoin now, and my comment doesn't also send a message about timing the market. New investors who want to start their bitcoin investment are free to do so. They would not have to wait for the bear market because they have missed it, and it will delay their bitcoin accumulation journey if they want to wait for the bear market before they accumulate bitcon. They can start now and accumulate bitcoin with the DCA strategy, and they will still meet in the next bear market to accumulate bitcoin if they have a long-term future in bitcoin.
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sotelorene
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May 30, 2024, 10:54:09 PM |
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All of these problems can occur to many investors because I mean you have little real experience with crypto. See if you could have done good altcoins or bitcoin holding earlier this year you could have sold with huge profit at this time. On the other hand some people are afraid and they think the market can crush at any time so they don't just invest in the market to enjoy the right profit time. Strengthen your attitude and think about what you want to do.
It's quite unfortunate when investors began to act frustrated and unlearned not to hold responsibly of their crypto investments instead they lives by panics. If intentionally you ventures into an untrust crypto coins then obviously it's the investor fault because you can't invest on bitcoin or a reputable AltCoins like Ethereum and feel it was going to crash. The FOMO only comes when you Invested in those projects or you lack the markets understanding. When it comes to investing, it is important that you consider investing in market value as well as a level of regular buying as price fluctuations and volatility prevail. Panic in investing works when it goes down to the bearish level but in this case new investors can be more volatile but they must be confident in the accumulation of Bitcoin. Basically the rise of any market is dependent on the environment especially the shitcoin market is very volatile and bankrupts most of the investors. So why you waste time chasing shitcoins when you have a huge potential asset like Bitcoin. What do you mean by the rise of any market is dependent on the environment. Of a truth the shitcoin market is very volatile and thereby making it very risky to invest in however investing in shitcoin can only be a waste of time if it doesn't favor you because as we speak now there are people who are eating through shitcoin and there are also people who are not happy because of shitcoin that is why we can't just generalize it as a bad investment rather it is very risky and required a lot analysis before investing.
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MRY
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May 30, 2024, 11:39:37 PM |
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I was expecting you to outline people invest in Bitcoin because of how valuable it can be and an asset worth also like Gold of which is the best place to make our money work for us.
we assume that investing in Bitcoin during this time is much better in preserving your assets, interacting with Bitcoin investors should make them able to understand Bitcoin and Investment in it, and honestly nothing is too late for those who still want to get into Bitcoin even in the current circumstances. very good value. I don't agree with you; anybody who says this period is the best time to invest in bitcoin was doubting bitcoin and refused to invest in bitcoin when he had the chance to accumulate bitcoin at a low price, but he didn't. The best time to accumulate bitcoin is in the bear market because you will accumulate a reasonable amount of bitcoin with less money, but anyone who fails to accumulate bitcoin in the bear market can do so when bitcoin is at its peak since bitcoin is a long-term investment. Well there is no time that is not best for accumulating bitcoin more especially if you are doing DCA. so longer as you are long term investor dip, bearish market shouldn't be consider the best time to accumulate bitcoin . I think the best time to accumulate bitcoin is whenever you have disposable income. There is still plenty of time and ways to collect Bitcoin. Using the DCA method is one way to collect Bitcoin. Buying Bitcoin when the bearish season occurs is indeed the right choice. But we have to know that for now the bearish season will likely never come again because we see Every week Cryptocurrency prices always increase in price.
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FinePoine0
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May 30, 2024, 11:55:32 PM |
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I was expecting you to outline people invest in Bitcoin because of how valuable it can be and an asset worth also like Gold of which is the best place to make our money work for us.
we assume that investing in Bitcoin during this time is much better in preserving your assets, interacting with Bitcoin investors should make them able to understand Bitcoin and Investment in it, and honestly nothing is too late for those who still want to get into Bitcoin even in the current circumstances. very good value. I don't agree with you; anybody who says this period is the best time to invest in bitcoin was doubting bitcoin and refused to invest in bitcoin when he had the chance to accumulate bitcoin at a low price, but he didn't. The best time to accumulate bitcoin is in the bear market because you will accumulate a reasonable amount of bitcoin with less money, but anyone who fails to accumulate bitcoin in the bear market can do so when bitcoin is at its peak since bitcoin is a long-term investment. Well there is no time that is not best for accumulating bitcoin more especially if you are doing DCA. so longer as you are long term investor dip, bearish market shouldn't be consider the best time to accumulate bitcoin . I think the best time to accumulate bitcoin is whenever you have disposable income. The first is to accept the risk and have a plan for how long you will hold it. And you can use some money to implement your plan, and you can buy dips every now and then with a little bit. And by buying bitcoins you can be successful if you accumulate bitcoins in a solid wallet for a long time. Because investing for the long term can buy bitcoin anytime as our bull run is about to begin.
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tiCeR
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May 31, 2024, 01:34:04 AM Merited by JayJuanGee (1) |
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There is still plenty of time and ways to collect Bitcoin. Using the DCA method is one way to collect Bitcoin. Buying Bitcoin when the bearish season occurs is indeed the right choice. But we have to know that for now the bearish season will likely never come again because we see Every week Cryptocurrency prices always increase in price.
Now I am asking myself whether you know that there will be a bearish season in the context of where we are now? It's like an empty statement, it is like buy low sell high. Of course by low sell high, problem is nobody knows when it will be low and when it will be high. And when it feels high, whether it is high compared to what potential is still in the air. Same thing for your second part of the post. I am sure that for most people going up or down is a coin flip. Or maybe some of them are these hyper naive people thinking that bitcoin can only go up. Risk is still there and the fact that bitcoin is so extremely multifaceted means that on the one hand it makes bitcoin resilient, but on the other hand it might be susceptible to government attacks in the form of unfavorable legislation, for instance. I have recently heard Trump say that he hates Biden's stance on bitcoin and Musk is one candidate he wants to get on board to counsel him on the topic. Whatever you think about Trump or Musk, it shows that there are things nobody has yet an influence on or knows what's going to happen once he would become the next president. Who knows, maybe he decides to be extremely pro bitcoin and passes laws nobody would have expected. That could boost bitcoin out of nowhere. The one part that is true is that there is plenty of time to acquire more BTC. There are various ways of doing so, depending on what someone does for a living, for instance. Buying BTC is one way.
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GideonGono
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May 31, 2024, 02:25:50 AM |
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Right now my only plan is to keep on buying or investing, I am looking to buy more alt-coin that I think is cheap right now to expand or make my portfolio bigger. I would wait for the next bull run, and decide what would I do with my profit and capital when it comes. Right now I am also putting my savings in crypto so that it wouldn't just sit on my bank account, and it could also ride the next bull run.
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Dailyscript
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May 31, 2024, 02:46:34 AM |
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Right now my only plan is to keep on buying or investing, I am looking to buy more alt-coin that I think is cheap right now to expand or make my portfolio bigger. I would wait for the next bull run, and decide what would I do with my profit and capital when it comes. Right now I am also putting my savings in crypto so that it wouldn't just sit on my bank account, and it could also ride the next bull run.
I think putting your savings in investment is not a good idea. The savings serves for other purpose it could be for emergencies or executing a project you have already started but what i found people using there savings for is to start another business that would give them enough profits in time to allow them comfortably invest and also increase there investment portfolio. You are excluding yourself to have all these benefits if you include your savings in your investment. Just stick to what you can afford to invest now and it seems to me you have successfully stacked a lot expecting good profits in the next bull run which is a good one.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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May 31, 2024, 06:04:57 AM |
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Right now my only plan is to keep on buying or investing, I am looking to buy more alt-coin that I think is cheap right now to expand or make my portfolio bigger. I would wait for the next bull run, and decide what would I do with my profit and capital when it comes. Right now I am also putting my savings in crypto so that it wouldn't just sit on my bank account, and it could also ride the next bull run.
Fuck shitcoins and crypto. You sound distracted, and maybe you don't even know what bitcoin is? For most, people who are struggling to figure out whether or when to get into bitcoin, it is better to figure out your plan with bitcoin first, and put you bitcoin plan into place, and try to figure out a way to plan to invest 4-10 years or longer, so maybe start with a relatively low amount such as $100 per week or even $10 per week, while you are sorting out your discretionary income, since investment into bitcoin needs to come from your discretionary income including making sure that you have systems in place so that you are sure that you are not going to need to tap into your bitcoin investment for 4-10 years or longer or whatever might be your investment timeline. So it could take a bit of time, just to sort out your investing into bitcoin, and if after you have figured out some kind of an accumulation plan in regards to bitcoin, and you still happen to be distracted by shitcoins and gambling, then if you could at least limit your investment of time, money and energies into shitcoins to be no more than 10% of the size of your bitcoin investment (without cheating), then at least you might be on a better and more focused track to help you to attempt to stay focused on where the value is at, which is bitcoin not shitcoins.
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1) Self-Custody is a right. There is no such thing 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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Ruttoshi
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May 31, 2024, 06:18:13 AM Merited by JayJuanGee (1) |
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Right now my only plan is to keep on buying or investing, I am looking to buy more alt-coin that I think is cheap right now to expand or make my portfolio bigger.
Shitcoins will only make your portfolio slimmer and not bigger if you buy them. You should only stick to bitcoin investment and do not think of buying shitcoins because they are cheaper, and that is what people get greedy on. They think that investing in a cheap coin will guarantee them profit, of which they will end up at great loss because the dev of those shitcoins purposely created them and pump them into the market to decieve those investors that think they are smart enough to make good profit from shitcoins, and at the end the dev will rug pull you, and you run at great loss. Investing in shitcoin is gambling because shitcoin will end up crashing and you will run at big loss. We have seen a lot of them crash in the past. Investing in shitcoin will bring you pain and sorrow, and shitcoins can not last in the market. Bitcoin is the best to invest in because, it will last for long and as long as you are only investing and not selling, you will not run at loss, but shitcoin you can wake up one morning and your portfolio is zero. So accumulate bitcoin and buy regularly with your discretionary income using DCA and buy always either every week or every month and make sure that you don't ignore your emergency funds and reserve funds to enable you hodli for a very long time. Your mind will be at rest because you will be seeing the result of your bitcoin portfolio as you are investing. I would wait for the next bull run, and decide what would I do with my profit and capital when it comes. Right now I am also putting my savings in crypto so that it wouldn't just sit on my bank account, and it could also ride the next bull run.
It is good that you use your fiat saving to buy bitcoin and continue buying regularly so that your can save your fiat from depreciating and also increase your fiat value in bitcoin. This is because the odds of bitcoin keeping value or increasing value of fiat is high. Why are you planning of selling all your portfolio in the next bull run, it means that all your effort of investing and hodli will be a waste of time, because you should see bitcoin investment as an investment for the future in which it can serve as back up for you at old age. One unique thing about bitcoin investment is that the longer you hodli, the more your portfolio value will increase overtime. You can start taking profit when you have reached your bitcoin target.
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Bravut
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May 31, 2024, 11:49:00 AM |
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Right now my only plan is to keep on buying or investing, I am looking to buy more alt-coin that I think is cheap right now to expand or make my portfolio bigger. I would wait for the next bull run, and decide what would I do with my profit and capital when it comes. Right now I am also putting my savings in crypto so that it wouldn't just sit on my bank account, and it could also ride the next bull run.
Excellent motive, with misconception on how to go about Bitcoin Investment. There is no need to add shitcoins to your Bitcoin portfolio, I would advise you focus on Bitcoin alone and forget about shitcoins because it won't yield any desirable results and a form of wasting resources. I guess, you're influenced by the pumps and illusions of shitcoins, in as much as diversifying is good, I do not buy you idea of shitcoins. "Putting my savings"? Wow, i would ask if the savings you are trying to invest in Bitcoin is for a long term (4-10 years), and not some money you would use for something else, in essence i would advise to simplify this, we have a method known as DCA, at least you can consistently use a certain amount to accumulate Bitcoin either weekly, quarterly, monthly. You just have to develop your plan,and have discipline as you journey.
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tiCeR
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May 31, 2024, 12:25:04 PM Merited by JayJuanGee (1) |
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Right now my only plan is to keep on buying or investing, I am looking to buy more alt-coin that I think is cheap right now to expand or make my portfolio bigger. I would wait for the next bull run, and decide what would I do with my profit and capital when it comes. Right now I am also putting my savings in crypto so that it wouldn't just sit on my bank account, and it could also ride the next bull run.
Fuck shitcoins and crypto. You sound distracted, and maybe you don't even know what bitcoin is? ... I assume his date registered doesn't quite represent the time he spent on the forum, but if it does, then looking for cheap alt-coins as he calls them is almost pathological. @GideonGono I have a great overview for you to find lots of very cheap alt-coins that make you a lot of money and you can increase your portfolio by a few thousand coins at close to zero cost. Just have a look here. Very cheap coins! Best indicator for a good coin? --> low price! Bitcoin sucks because high price! warning: sarcasm
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boty
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May 31, 2024, 01:10:25 PM |
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The first is to accept the risk and have a plan for how long you will hold it. And you can use some money to implement your plan, and you can buy dips every now and then with a little bit. And by buying bitcoins you can be successful if you accumulate bitcoins in a solid wallet for a long time. Because investing for the long term can buy bitcoin anytime as our bull run is about to begin.
Having a plan before investing is of course very important so that we can determine the target we will achieve in order to make a profit. Deciding to buy when it is experiencing a downturn certainly doesn't hurt, but we can't know for sure, therefore it will it's better if we can buy as much as we can and can survive for a long period of time, yes of course we will immediately get a profit because it is possible that in the next few months the price of Bitcoin will increase.
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Hallroom
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June 01, 2024, 06:04:10 AM |
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The first is to accept the risk and have a plan for how long you will hold it. And you can use some money to implement your plan, and you can buy dips every now and then with a little bit. And by buying bitcoins you can be successful if you accumulate bitcoins in a solid wallet for a long time. Because investing for the long term can buy bitcoin anytime as our bull run is about to begin.
Having a plan before investing is of course very important so that we can determine the target we will achieve in order to make a profit. Deciding to buy when it is experiencing a downturn certainly doesn't hurt, but we can't know for sure, therefore it will it's better if we can buy as much as we can and can survive for a long period of time, yes of course we will immediately get a profit because it is possible that in the next few months the price of Bitcoin will increase. Of course the next few months will see the Bitcoin price rise as the Bitcoin market moves towards a bull market. It will only be a result of the patience of the investors as those who have invested in the current period will basically get the benefit as the best source of investment. But now those who are further down for it will basically face the most people, because if you can invest you will never get benefit without investment. Therefore Bitcoin should be invested with risk-taking and planning and should be held for a long time.
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Dailyscript
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June 01, 2024, 08:01:13 AM Merited by JayJuanGee (1) |
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The first is to accept the risk and have a plan for how long you will hold it. And you can use some money to implement your plan, and you can buy dips every now and then with a little bit. And by buying bitcoins you can be successful if you accumulate bitcoins in a solid wallet for a long time. Because investing for the long term can buy bitcoin anytime as our bull run is about to begin.
Having a plan before investing is of course very important so that we can determine the target we will achieve in order to make a profit. Deciding to buy when it is experiencing a downturn certainly doesn't hurt, but we can't know for sure, therefore it will it's better if we can buy as much as we can and can survive for a long period of time, yes of course we will immediately get a profit because it is possible that in the next few months the price of Bitcoin will increase. I agree with you hear. Investing without a plan is like going to the farm without carrying your proper preparations. The investment might not turn out well at the end of the day if there is no goal or target and a pure investment strategies that we would follow till the goal will be achieved. The best step toward approaching investment in my opinion is; A source of capital - basic knowledge - investment goal - investment strategy - discipline - consistency. This process will lead to a successful investment, well tested and trusted.
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