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Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 73952 times)
SuperBitMan
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November 13, 2024, 08:04:52 AM
 #2081

This is the period to sell your bitcoin, if you are still holding bitcoins in your wallet, do your self a favor to release your bitcoin because the price has increased above $82,000,  I don't think it will hit the price many people are waiting to see this year which is $100,000, but it will definitely get to that price before the end of next year, do you think it will reach $100,000 this year? With my observation, this is not  time to buy bitcoin from the market because the price has moved higher which will not allow people to make good income whenever they want to see in the future.
I can see you are new to bitcoin investment, so I will not blame you so much for sounding this way, but I want you to clearly understand that the majority of people in this forum are not investing in bitcoin because of the $100k mark speculation, and even though bitcoin achieves the $100k mark today or tomorrow, we will still not sell our bitcoin investment for short-term profit. The majority of us are still in our accumulation journey, and we have not even  a good quantity of bitcoin since we started this journey that would make us sell our bitcoin. Our ultimate concern is how we will accumulate the quantity of bitcoin we desire and hold it for 4-10 years or more before we can even think about selling our bitcoin investment. If you are not interested in accumulating bitcoin, stop saying this is not the time to buy bitcoin before you mislead your fellow newbies because there is no perfect time to start accumulating bitcoin than when you have discretionary income and you buy bitcoin right away.
I agree with you When speculating on the value of Bitcoin you should avoid the tendency to focus so low as investors currently expect it to be worth $250k -$300k and you should plan your investment accordingly. If your expectations are so low ($100K) you are running into short term trading.



Let remember we have old people who are also into Bitcoin investment and people who has been accumulating and holding Bitcoin for year's now when Bitcoin was still $5k to $10k if Bitcoin hits $100k and this set of people has accumulated enough and decide to start selling you can't call them short term traders.
An old man who is already 80 years old and has been holding since Bitcoin was $40k can decide to sell all his Bitcoin as soon as Bitcoin hits $100k or can decide to pass it to someone as inheritance because he may go to his creator at any time.
There are people who started accumulating and holding Bitcoin since Bitcoin came to existence and when Bitcoin started growing they decided to hold till Bitcoin hits $100k before they can start selling you can't call those kind of people Short term trader because they started selling when Bitcoin hits $100k.
You just started Bitcoin investment newly there are people who has started investing for many years now and has accumulated enough Bitcoin and to them holding till Bitcoin hit $100k is a big achievement and that's true.

So saying that when one's Bitcoin rise expectation is $100k his running into short term trading is very wrong because of the reasons I gave above, however you can say those who just recently started accumulating and has not Accumulated enough.

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DubemIfedigbo001
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November 13, 2024, 08:58:12 AM
Merited by JayJuanGee (1)
 #2082

This is the period to sell your bitcoin, if you are still holding bitcoins in your wallet, do your self a favor to release your bitcoin because the price has increased above $82,000,  I don't think it will hit the price many people are waiting to see this year which is $100,000, but it will definitely get to that price before the end of next year, do you think it will reach $100,000 this year? With my observation, this is not  time to buy bitcoin from the market because the price has moved higher which will not allow people to make good income whenever they want to see in the future.
We can see bitcoin all time high of $89530 now an investor can sell bitcoin and still hold his investment but it is his personal choice. Here people will not pressure anyone to sell the investment they are holding because I am holding my investment but again I have set a certain price in myself that I will sell my investment if it goes to that price. Bitcoin's current upward momentum suggests that Bitcoin will cross $100,000 by November. You might be guessing that Bitcoin won't reach $100,000 this year, but if you look at the current Bitcoin market, you must have dispelled that misconception. I think bitcoin will touch $100000 within these few days.

To me it sounds that you don't have very long term plans in regards to your bitcoin 2Pizza410000BTC, and you are planning to either try to trade them or you are just wanting to lock in dollar profits.

So yeah, so far you are in the midst of a trade.. since perhaps if we go by your forum registration date, you started around 18 months ago - ish.. .

A lot of folks failed to get rich and stayed poor in their fucking around with trading BTC.. but yeah, of course, you can do whatever you want if you think that you are smarter than the market.
Most times, it is some real sort of emotional battle to continue holding despite seeing short-term mouthwatering profits in your investment, like over the last two weeks or less than that I've noticed considerable profits in my little investment, and I can only wonder what the long-term would be. I cannot deny that the trader mindset crept in, but I resisted. I wonder if anyone else experiences these?

Can I argue that short-term profits can corrupt the mindset of an investor and turn him to a trader if he is not careful with his decisions and the thoughts he entertains when he starts noticing them in good quantities, because it is really very tempting from a human point of view. This is more reason it is good to fuel your thoughts with desires to accumulate more and having a bigger picture in mind and not being overly appreciative of your current success rate.

It really take lots and lots of discipline and dedication to remain in this journey for a long term, Investors and discipline should be like 5&6.

 
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arwin100
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November 13, 2024, 09:31:19 AM
 #2083

This is the period to sell your bitcoin, if you are still holding bitcoins in your wallet, do your self a favor to release your bitcoin because the price has increased above $82,000,  I don't think it will hit the price many people are waiting to see this year which is $100,000, but it will definitely get to that price before the end of next year, do you think it will reach $100,000 this year? With my observation, this is not  time to buy bitcoin from the market because the price has moved higher which will not allow people to make good income whenever they want to see in the future.
You don't know what bitcoin investment is, it appears you have being fucking around trading whenever there is an upward trend and you want to mislead other investor into trading there bitcoin .well our investment in bitcoin should not be determine by the market movement , unless those that are fucking around trading for short term profit .bitcoin investment is a long term and we all have our investment  timeline either 5-10yrs or longer, so whenever there is an upward trend it should be a motivation for all investor who are still in there early phase of bitcoin accumulation to focus more on continuous accumulation of bitcoin and hold for a longer term as per there investment timeline.


Common  mindset for people who engage to much on trading. They usually think about selling in panic and always get worried about the dump with their nonsense worries about negative things that might happen to bitcoin.

For sure with people approach the way how he post for sure he understand that people are fully committed with their long term investment and doesn't give any nonsense trading matters. Those people always think about short term will always have this regrets in mind on why they sell their bitcoin early and those people who have patience for long term always celebrate their success made.

I always believe that holders is always a winner just like what people said about this since so far bitcoin never disappoint people who understand its potential.

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Sim_card
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November 13, 2024, 09:35:14 AM
Merited by JayJuanGee (1)
 #2084

This is the period to sell your bitcoin, if you are still holding bitcoins in your wallet, do your self a favor to release your bitcoin because the price has increased above $82,000,  I don't think it will hit the price many people are waiting to see this year which is $100,000, but it will definitely get to that price before the end of next year, do you think it will reach $100,000 this year? With my observation, this is not  time to buy bitcoin from the market because the price has moved higher which will not allow people to make good income whenever they want to see in the future.
We can see bitcoin all time high of $89530 now an investor can sell bitcoin and still hold his investment but it is his personal choice. Here people will not pressure anyone to sell the investment they are holding because I am holding my investment but again I have set a certain price in myself that I will sell my investment if it goes to that price. Bitcoin's current upward momentum suggests that Bitcoin will cross $100,000 by November. You might be guessing that Bitcoin won't reach $100,000 this year, but if you look at the current Bitcoin market, you must have dispelled that misconception. I think bitcoin will touch $100000 within these few days.

To me it sounds that you don't have very long term plans in regards to your bitcoin 2Pizza410000BTC, and you are planning to either try to trade them or you are just wanting to lock in dollar profits.

So yeah, so far you are in the midst of a trade.. since perhaps if we go by your forum registration date, you started around 18 months ago - ish.. .

A lot of folks failed to get rich and stayed poor in their fucking around with trading BTC.. but yeah, of course, you can do whatever you want if you think that you are smarter than the market.
Most times, it is some real sort of emotional battle to continue holding despite seeing short-term mouthwatering profits in your investment, like over the last two weeks or less than that I've noticed considerable profits in my little investment, and I can only wonder what the long-term would be. I cannot deny that the trader mindset crept in, but I resisted. I wonder if anyone else experiences these?

Can I argue that short-term profits can corrupt the mindset of an investor and turn him to a trader if he is not careful with his decisions and the thoughts he entertains when he starts noticing them in good quantities, because it is really very tempting from a human point of view. This is more reason it is good to fuel your thoughts with desires to accumulate more and having a bigger picture in mind and not being overly appreciative of your current success rate.

It really take lots and lots of discipline and dedication to remain in this journey for a long term, Investors and discipline should be like 5&6.
I think that's about you and it seems that we are different, maybe, it's based on our mindset. When I see the profit in my portfolio, I don't feel like selling, instead it gives me joy and hope to continue investing in bitcoin and hodli longer so that my portfolio will get to a certain height in future. The profits have also strengthen my faith to believe more in bitcoin, and I wish I had a good size of portfolio.

When bitcoin price rises, it gives me more reason to continue investing and when bitcoin price dips, it gives me hope that I can reach my bitcoin target with consistent and persistent ongoing buying overtime.

R


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Urch1010
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November 13, 2024, 11:29:23 AM
 #2085

This is the period to sell your bitcoin, if you are still holding bitcoins in your wallet, do your self a favor to release your bitcoin because the price has increased above $82,000,  I don't think it will hit the price many people are waiting to see this year which is $100,000, but it will definitely get to that price before the end of next year, do you think it will reach $100,000 this year? With my observation, this is not  time to buy bitcoin from the market because the price has moved higher which will not allow people to make good income whenever they want to see in the future.
You don't know what bitcoin investment is, it appears you have being fucking around trading whenever there is an upward trend and you want to mislead other investor into trading there bitcoin .well our investment in bitcoin should not be determine by the market movement , unless those that are fucking around trading for short term profit .bitcoin investment is a long term and we all have our investment  timeline either 5-10yrs or longer, so whenever there is an upward trend it should be a motivation for all investor who are still in there early phase of bitcoin accumulation to focus more on continuous accumulation of bitcoin and hold for a longer term as per there investment timeline.


I don’t think this your premiss is good one because the way bitcoin is moving currently,it will hit 100k. Allow people to find egress themselves and don’t sound outstrip.
Cryptocurrency investment is not what you do to gain quick money and it’s not going to make you rich quickly either, just make sure your expectations are not high anytime you’re buying a particular coin.
Some people are being so anticipative anytime they’re buying a particular coin but at the end of the day they won’t be happy with the outcome because their expectations was high
Bitcoin is like a philtre and don’t be carried away

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November 13, 2024, 02:00:42 PM
Last edit: November 13, 2024, 02:20:48 PM by Ruttoshi
Merited by JayJuanGee (1)
 #2086

This is the period to sell your bitcoin, if you are still holding bitcoins in your wallet, do your self a favor to release your bitcoin because the price has increased above $82,000,  I don't think it will hit the price many people are waiting to see this year which is $100,000, but it will definitely get to that price before the end of next year, do you think it will reach $100,000 this year? With my observation, this is not  time to buy bitcoin from the market because the price has moved higher which will not allow people to make good income whenever they want to see in the future.
You don't know what bitcoin investment is, it appears you have being fucking around trading whenever there is an upward trend and you want to mislead other investor into trading there bitcoin .well our investment in bitcoin should not be determine by the market movement , unless those that are fucking around trading for short term profit .bitcoin investment is a long term and we all have our investment  timeline either 5-10yrs or longer, so whenever there is an upward trend it should be a motivation for all investor who are still in there early phase of bitcoin accumulation to focus more on continuous accumulation of bitcoin and hold for a longer term as per there investment timeline.


I don’t think this your premiss is good one because the way bitcoin is moving currently,it will hit 100k. Allow people to find egress themselves and don’t sound outstrip.
Cryptocurrency investment is not what you do to gain quick money and it’s not going to make you rich quickly either, just make sure your expectations are not high anytime you’re buying a particular coin.
Some people are being so anticipative anytime they’re buying a particular coin but at the end of the day they won’t be happy with the outcome because their expectations was high
Bitcoin is like a philtre and don’t be carried away


Fuck crypto. Only bitcoin and stop comparing bitcoin with shitcoins by using the word crypto, instead be specific with the word "bitcoin" so that you don't mislead yourself and other newbies reading this thread.

Only bitcoin is worth investing in an no other coin, because it means that you are gambling as you can get rugged pull anytime and all your funds is gone. Didn't you see how bitcoin price has been on the uptrend from the beginning of creation till date because of the problem it is solving. No shitcoin can solve any problem and they gat no potential like bitcoin.

I wouldn't get angry towards you because you are new and that's why you have the shitcoin mindset. A new investor like you that want to start his investment, should only invest in bitcoin and hodli for a long-term. The reason is that long-term bitcoin investment gives you the opportunity to grow and build your bitcoin investment overtime to a good size, by using DCA method to buy regularly every week or monthly for 4-10 years and above with part of your discretionary income that will not affect you monthly expenses and needs.

It is better that you also set up an emergency funds which will be a good backup funds for your bitcoin investment so that when a real emergency arises, you don't have to sell any of your bitcoin but take from your emergency funds. You can build up your emergency funds at the samw time as you are investing, by using one part of your discretionary income to buy bitcoin every week and the other part to build your emergency funds for 3-6 months of you monthly income.

A brand new investor shouldn't mess around with shitcoins because they are waste of resources and will divert your attention from staying focus on keeping your bitcoin accumulation journey ongoing persistently till you reach your bitcoin target.
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November 13, 2024, 02:26:26 PM
Merited by JayJuanGee (1)
 #2087

I think that's about you and it seems that we are different, maybe, it's based on our mindset. When I see the profit in my portfolio, I don't feel like selling, instead it gives me joy and hope to continue investing in bitcoin and hodli longer so that my portfolio will get to a certain height in future. The profits have also strengthen my faith to believe more in bitcoin, and I wish I had a good size of portfolio.
It is different patterns about the investment undertaken because some people apply short -term strategies to generate profits and they understand why the pattern is carried out. Some make a division in a certain percentage and they sell sufficiently in the desired increase period and the rest is also a long -term target holding. I often see many investment methods that are undertaken based on several discussions that take place and I think everything is good according to their respective observations.

When bitcoin price rises, it gives me more reason to continue investing and when bitcoin price dips, it gives me hope that I can reach my bitcoin target with consistent and persistent ongoing buying overtime.
Generally it is done by most people but when you apply a DCA strategy, there is no need to wait for a sharp decline to accumulate purchases. Because you are targeting holding so that using DCA patterns can be accumulated at any time according to the desired percentage. Holding is more profitable for investment in Bitcoin but we also need to think about the accumulation by utilizing the financial potential that we produce from other jobs.

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November 13, 2024, 02:31:07 PM
Merited by JayJuanGee (1)
 #2088

I think some people are underrating the potential Bitcoin has,this is really not a good time to sell from the little experience I have about Bitcoin.looking at the current political climate around the world you can see that the future of Bitcoin is bright.Tesla and other top companies worldwide are now buying Bitcoin in record numbers which means we should do the same cause they are definitely seeing that there is a very bright future for Bitcoin and it hasn't even gotten to half its potential yet.
Although I won't really blame some people who want to sell cause some people get into an issue that requires finance and then they have no other option than to sell their Bitcoin to settle the issues at hand so it actually depends on the situation sometimes.
Maybe for people who think at a glance and don't really see the long-term potential of bitcoin, maybe now they have sold the Bitcoin they have when the price of bitcoin almost touched $90K. But believe me, people who sell their bitcoins now, will definitely buy bitcoins again when the price is much higher than now. Because many predict that the price of Bitcoin will continue to increase over the remainder of this year and next year. So people who are selling their bitcoins now will definitely flock to buy bitcoins again. Therefore, we don't need to be quick to sell the Bitcoins we have. Because if we sell bitcoin now, we can be sure we will be tempted again to buy bitcoin again at a higher price. So it would be good for us to continue doing DCA and also HODLing bitcoin as strongly as possible.

But if you sell bitcoins for the reason of covering your needs, we cannot avoid this. That's why when we enter and invest in bitcoin. Make sure the money used to invest is cold money. Then apart from that, we also have to have emergency funds so that when there is an urgent need our investment assets (bitcoin) are not disturbed. So if we do this when we want to invest in bitcoin, I'm sure we will be strong in HODLing the bitcoin.

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November 13, 2024, 03:27:53 PM
 #2089

This is the period to sell your bitcoin, if you are still holding bitcoins in your wallet, do your self a favor to release your bitcoin because the price has increased above $82,000,  I don't think it will hit the price many people are waiting to see this year which is $100,000, but it will definitely get to that price before the end of next year, do you think it will reach $100,000 this year? With my observation, this is not  time to buy bitcoin from the market because the price has moved higher which will not allow people to make good income whenever they want to see in the future.
I can see you are new to bitcoin investment, so I will not blame you so much for sounding this way, but I want you to clearly understand that the majority of people in this forum are not investing in bitcoin because of the $100k mark speculation, and even though bitcoin achieves the $100k mark today or tomorrow, we will still not sell our bitcoin investment for short-term profit. The majority of us are still in our accumulation journey, and we have not even accumulated a good quantity of bitcoin since we started this journey that would make us sell our bitcoin. Our ultimate concern is how we will accumulate the quantity of bitcoin we desire and hold it for 4-10 years or more before we can even think about selling our bitcoin investment. If you are not interested in accumulating bitcoin, stop saying this is not the time to buy bitcoin before you mislead your fellow newbies because there is no perfect time to start accumulating bitcoin than when you have discretionary income and you buy bitcoin right away.

The thing is,  he fail to understand that some persons just bought few weeks back before the upsurge, so will they also sell because of the upsurge, it is funny that some persons don't understand what Bitcoin invest is all about, yes of course most of us are still doing the needful and infact not moved by the current price.
I think as bitcoiners we should have a goal and such goal should be tied with our DCA level, I also believe that as bitcoiners that already know that Bitcoin is a long-term investment, we shouldn't be eager to sell when we havent acomplish out investment plans yet, for me I don't see long-term from 4-10 years, my own long-term is from 8years up though it's in circles but I have my personal plans thats why I choose it to be that way to enable me to continue accumulating and remove my mind from anything concerning withdrawing my asset prematurely.

It's unfortunate that the new taker is even very bold to say that he don't think that now is the right time to buy when he doesn't understand the concept of Bitcoin, if he had gone thorugh previous price of Bitcoin, he would have known that the price people are speculating to arrive at before the end of this year or next year respectively was not not the price being anticipated earlier I think that alone should prove to him that Bitcoin price will definitely go higher in future and people that sold or refused to buy because of FUMO will definetely blame themselves for whatever action they took.
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November 13, 2024, 03:50:11 PM
Merited by JayJuanGee (1)
 #2090


I don’t think this your premiss is good one because the way bitcoin is moving currently,it will hit 100k. Allow people to find egress themselves and don’t sound outstrip.
Cryptocurrency investment is not what you do to gain quick money and it’s not going to make you rich quickly either, just make sure your expectations are not high anytime you’re buying a particular coin.
Some people are being so anticipative anytime they’re buying a particular coin but at the end of the day they won’t be happy with the outcome because their expectations was high
Bitcoin is like a philtre and don’t be carried away
When you use Bitcoin and crypto interchangeably, you mix the information you're passing across with dirt and devalue your point, this is because Bitcoin isn't to be in the same reference level with other altcoins or shitcoins.

When you say "a particular coin" it's obvious you're not referring to Bitcoin and promoting shitcoins is bullshit and signifies you're starting your investment journey in the wrong foot (shitcoin involvement). It's not too late however to retract your steps and join the most profitable investment in Bitcoin with a long term plan in order to secure your financial future instead of fucking around with shitcoins that would probably wreck you sooner than you expected.
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November 13, 2024, 04:44:09 PM
 #2091



Cryptocurrency investment is not what you do to gain quick money and it’s not going to make you rich quickly either, just make sure your expectations are not high anytime you’re buying a particular coin.
Some people are being so anticipative anytime they’re buying a particular coin but at the end of the day they won’t be happy with the outcome because their expectations was high
Bitcoin is like a philtre and don’t be carried away

Most are get rich quick and get poor quick schemes.
Many neglect Bitcoin because it can't print 50% a day neglecting the fact that it follows a stable and beautiful growth than shitcoins.


It's been long since I've been here and I know there are certain individuals that supports trading (P. S not saying Trading is wrong)
I won't be surprised if you a nocoiner now and praying for a dip
Lol this is why HODL is emphasised.

Snip
Sorry had to snip this because it's quite long.
Buying Now is FOMO and any correction and they will sell.
A person that starts now is in for quick profit and could get burnt Incase of a correction. 
Recall how many were advice to buy during our $50's because we may never see them again.
But if the mindset is Long term then it doesn't mean much.

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November 14, 2024, 03:21:11 AM
 #2092

This is the period to sell your bitcoin, if you are still holding bitcoins in your wallet, do your self a favor to release your bitcoin because the price has increased above $82,000,  I don't think it will hit the price many people are waiting to see this year which is $100,000, but it will definitely get to that price before the end of next year, do you think it will reach $100,000 this year? With my observation, this is not  time to buy bitcoin from the market because the price has moved higher which will not allow people to make good income whenever they want to see in the future.
I can see you are new to bitcoin investment, so I will not blame you so much for sounding this way, but I want you to clearly understand that the majority of people in this forum are not investing in bitcoin because of the $100k mark speculation, and even though bitcoin achieves the $100k mark today or tomorrow, we will still not sell our bitcoin investment for short-term profit. The majority of us are still in our accumulation journey, and we have not even  a good quantity of bitcoin since we started this journey that would make us sell our bitcoin. Our ultimate concern is how we will accumulate the quantity of bitcoin we desire and hold it for 4-10 years or more before we can even think about selling our bitcoin investment. If you are not interested in accumulating bitcoin, stop saying this is not the time to buy bitcoin before you mislead your fellow newbies because there is no perfect time to start accumulating bitcoin than when you have discretionary income and you buy bitcoin right away.
I agree with you When speculating on the value of Bitcoin you should avoid the tendency to focus so low as investors currently expect it to be worth $250k -$300k and you should plan your investment accordingly. If your expectations are so low ($100K) you are running into short term trading.

Let remember we have old people who are also into Bitcoin investment and people who has been accumulating and holding Bitcoin for year's now when Bitcoin was still $5k to $10k if Bitcoin hits $100k and this set of people has accumulated enough and decide to start selling you can't call them short term traders.

Definitionally, long term versus short term is based on time and not price.  You are mixing up your terms @SuperBitMan if you cannot (or if you are refusing to) see the difference between time and price.

An old man who is already 80 years old and has been holding since Bitcoin was $40k can decide to sell all his Bitcoin as soon as Bitcoin hits $100k or can decide to pass it to someone as inheritance because he may go to his creator at any time.

Again you are convoluting two ideas.. time and price.  If we presume that the 80-year old got into bitcoin more than 4 years previously, then maybe he has already been exercising selling plans that could be time-based, price-based or a combination of the two.  You cannot be presuming that the mere fact that someone is 80 years old falls into urgency merely because the BTC price goes up, and you cannot presume that the 80-year old might not have already had a plan regarding what to do that is not ONLY based on BTC price moves.

There are people who started accumulating and holding Bitcoin since Bitcoin came to existence and when Bitcoin started growing they decided to hold till Bitcoin hits $100k before they can start selling you can't call those kind of people Short term trader because they started selling when Bitcoin hits $100k.

You are being a bit unrealistic to be attempting to describe people who started accumulating BTC since bitcoin's early days, especially since the further back you go, the more atypical such a person's situation would have had been.

I get your idea that you are wanting to suggest that someone who started accumulating bitcoin early is likely going to be in a better position to sell BTC, yet I still would have my doubts that on the face of it, they would give two shits about $100k as if it were some kind of a meaningful price to take actions different from actions that they had previously already been taking.

You really seem to be tying a lot of significance on $100k as a price, and I doubt that such price has even close to as much significance as you are seeming to want to attribute to it.

Furthermore, your being in bitcoin right around 4 months (going by your forum registration date) causes me to  consider that you might just be spouting out ideas that you have hardly any experiential knowledge about... to the extent that anything you are saying relates to your own situation or to any members who you might be wanting to appeal to in regards to what you believe is going on in the thoughts of fellow bitcoiners.. ... and surely it comes off as a form of projecting your own seemingly ill-informed ideas onto what you consider to be motivations of bitcoiners of differing experiential levels.

You just started Bitcoin investment newly there are people who has started investing for many years now and has accumulated enough Bitcoin and to them holding till Bitcoin hit $100k is a big achievement and that's true.

So saying that when one's Bitcoin rise expectation is $100k his running into short term trading is very wrong because of the reasons I gave above, however you can say those who just recently started accumulating and has not Accumulated enough.

Fair enough that guys holding bitcoin get excited whenever we get into price discovery areas, so when we are reaching new all time highs, sure there is excitement in that, yet it also seems that the level of excitement is truly going to vary in regards to how well-prepared any older bitcoiner might be in regards to whether he had already been stacking BTC aggressively or if he might start to have regrets over his level of stacking.  Sure, many of the members who have been stacking longer are likely already largely prepared for BTC prices to go up, yet even some times guys who had been stacking BTC for longer periods of time will come to realize that they had been being too whimpy in their BTC stacking practices from earlier times, yet maybe a bit unsure about what to do about such realization of their earlier BTC stacking whimpiness.

I think that there have been several forum members who will tend to try to help out other newer forum members to try to help them to prepare themselves to stack BTC as aggressively as they can without over doing it, and so surely there will be some forum members who will realize that they had been as aggressive in their BTC stacking as they were reasonably able to be, so they will have no regrets about their own performance, yet surely I also tend to believe that so many members do not necessarily stack even close to as aggressively as they should have had done, yet there should be no need to really get overly worried about how aggressive a person had been in their stacking of BTC, especially if they realize that a lot of regular people do not even own any BTC yet, and so there are a lot of regular people who are just sitting on the sidelines with hardly any clue about why the BTC price is going up.. and they likely don't own any either.

This is the period to sell your bitcoin, if you are still holding bitcoins in your wallet, do your self a favor to release your bitcoin because the price has increased above $82,000,  I don't think it will hit the price many people are waiting to see this year which is $100,000, but it will definitely get to that price before the end of next year, do you think it will reach $100,000 this year? With my observation, this is not  time to buy bitcoin from the market because the price has moved higher which will not allow people to make good income whenever they want to see in the future.
We can see bitcoin all time high of $89530 now an investor can sell bitcoin and still hold his investment but it is his personal choice. Here people will not pressure anyone to sell the investment they are holding because I am holding my investment but again I have set a certain price in myself that I will sell my investment if it goes to that price. Bitcoin's current upward momentum suggests that Bitcoin will cross $100,000 by November. You might be guessing that Bitcoin won't reach $100,000 this year, but if you look at the current Bitcoin market, you must have dispelled that misconception. I think bitcoin will touch $100000 within these few days.
To me it sounds that you don't have very long term plans in regards to your bitcoin 2Pizza410000BTC, and you are planning to either try to trade them or you are just wanting to lock in dollar profits.

So yeah, so far you are in the midst of a trade.. since perhaps if we go by your forum registration date, you started around 18 months ago - ish.. .

A lot of folks failed to get rich and stayed poor in their fucking around with trading BTC.. but yeah, of course, you can do whatever you want if you think that you are smarter than the market.
Most times, it is some real sort of emotional battle to continue holding despite seeing short-term mouthwatering profits in your investment, like over the last two weeks or less than that I've noticed considerable profits in my little investment, and I can only wonder what the long-term would be. I cannot deny that the trader mindset crept in, but I resisted. I wonder if anyone else experiences these?

It tends to be very difficult to resist getting into a situation in which you end up selling too much too soon or that you refuse to continue to stack... which can be very problematic for guys who already don't have very many coins, but they start to have dilemmas about continuing to buy or waiting for dips... and yeah, if your DCA is taking place on a weekly basis, then maybe the dilemma about whether to buy or not is ONLY once a week, but yeah it can be difficult, and you might not even be able to judge whether you did the right thing or not until 4-10 years or more later.

Can I argue that short-term profits can corrupt the mindset of an investor and turn him to a trader if he is not careful with his decisions and the thoughts he entertains when he starts noticing them in good quantities, because it is really very tempting from a human point of view.

I suppose that is why it helps for any newbie to already have a vision for how long he is planning to stack, and sure, he could also start to consider that he had front loaded his investment when it is not true.  It can take quite a bit of practice to get into the right mindset and to stay in the right mindset.  There are going to be traders who come in and say "I told you so" too.. especially when the BTC price dips.. and so it can be difficult to stay on track when in the short term some of the traders might appear to be doing better.. even though in the long run, there are not too many of them who actually do better than the guy who is just continuously, persistently and consistently buying BTC.

This is more reason it is good to fuel your thoughts with desires to accumulate more and having a bigger picture in mind and not being overly appreciative of your current success rate.

It really take lots and lots of discipline and dedication to remain in this journey for a long term, Investors and discipline should be like 5&6.

Yep.  I am not going to say it is easy, since it isn't easy... and no one can really help you, except yourself, and you are responsible for whatever you end up deciding to do..since no one is going to bail you out if you screw up or even necessarily appreciate it when you do the right thing since sometimes it can take many years for the newbie's BTC portfolio to get to a spot that it becomes more obvious about whether he did the right thing or not.

This is the period to sell your bitcoin, if you are still holding bitcoins in your wallet, do your self a favor to release your bitcoin because the price has increased above $82,000,  I don't think it will hit the price many people are waiting to see this year which is $100,000, but it will definitely get to that price before the end of next year, do you think it will reach $100,000 this year? With my observation, this is not  time to buy bitcoin from the market because the price has moved higher which will not allow people to make good income whenever they want to see in the future.
You don't know what bitcoin investment is, it appears you have being fucking around trading whenever there is an upward trend and you want to mislead other investor into trading there bitcoin .well our investment in bitcoin should not be determine by the market movement , unless those that are fucking around trading for short term profit .bitcoin investment is a long term and we all have our investment  timeline either 5-10yrs or longer, so whenever there is an upward trend it should be a motivation for all investor who are still in there early phase of bitcoin accumulation to focus more on continuous accumulation of bitcoin and hold for a longer term as per there investment timeline.
I don’t think this your premiss is good one because the way bitcoin is moving currently,it will hit 100k. Allow people to find egress themselves and don’t sound outstrip.
Cryptocurrency investment is not what you do to gain quick money and it’s not going to make you rich quickly either, just make sure your expectations are not high anytime you’re buying a particular coin.

We are only talking about bitcoin in this thread, so you might want to figure out if you might be lost and in the wrong thread, since I don't know what the fuck cryptocurrency has to do with this thread, or figuring out which coin to buy.  Maybe you should rethink what you are saying in terms of the topic of this thread so you can clarify what you mean.

If you were talking about bitcoin, then sure you could have just used the word bitcoin, but I get the sense that you don't know what you are talking about and maybe you don't even know the difference between bitcoin and shitcoins... otherwise what does any "particular coin" have to do with our discussion in this thread?

Some people are being so anticipative anytime they’re buying a particular coin but at the end of the day they won’t be happy with the outcome because their expectations was high
Bitcoin is like a philtre and don’t be carried away

I am getting the sense that you might not even know what bitcoin is, since you seem to continue to be implying that there are some other coins out there that are worth investing into.. or perhaps you are talking about trading?  Surely it is not really clear what you are talking about, and perhaps you don't even know, unless you might want to clarify what you mean and focus on bitcoin rather than trying to make references to shitcoins without even saying what it is that you mean exactly by "particular coins" that might be somehow related to the topic of this thread.

I think that's about you and it seems that we are different, maybe, it's based on our mindset. When I see the profit in my portfolio, I don't feel like selling, instead it gives me joy and hope to continue investing in bitcoin and hodli longer so that my portfolio will get to a certain height in future. The profits have also strengthen my faith to believe more in bitcoin, and I wish I had a good size of portfolio.
It is different patterns about the investment undertaken because some people apply short -term strategies to generate profits and they understand why the pattern is carried out. Some make a division in a certain percentage and they sell sufficiently in the desired increase period and the rest is also a long -term target holding. I often see many investment methods that are undertaken based on several discussions that take place and I think everything is good according to their respective observations.

I doubt that everything is good when it comes to selling BTC, especially since the vast majority of people in the world either don't have any bitcoin or they are in a low coiner status or they are in their BTC accumulation stages, so there are way more people who should not be selling bitcoin than should be selling bitcoin.

Sure once a person has been in bitcoin for a while and they have accurately determined themselves to either have enough BTC or more than enough BTC, then those people might be able to sell bitcoin at any price and not really be worried about screwing up... but there are not very many normal people who fit into that category.

Personally, I believe that trading is not a very good strategy or practice when it comes to bitcoin, except perhaps a very narrow number of folks who can figure out how to do it in such a way that they are able to exceed the advantages of the regular bitcoin accumulator and/or HODLer... and even the traders who are good at it, might end up fucking up because they fail/refuse to actually know bitcoin well enough in order to protect themselves from not getting reckt when the BTC price goes in one direction or another (especially up) at a time that was outside of their expectations.

When bitcoin price rises, it gives me more reason to continue investing and when bitcoin price dips, it gives me hope that I can reach my bitcoin target with consistent and persistent ongoing buying overtime.
Generally it is done by most people but when you apply a DCA strategy, there is no need to wait for a sharp decline to accumulate purchases. Because you are targeting holding so that using DCA patterns can be accumulated at any time according to the desired percentage. Holding is more profitable for investment in Bitcoin but we also need to think about the accumulation by utilizing the financial potential that we produce from other jobs.

I have no disagreement with any of this.

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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November 14, 2024, 04:46:32 AM
 #2093

Sorry had to snip this because it's quite long.
Buying Now is FOMO and any correction and they will sell.
A person that starts now is in for quick profit and could get burnt Incase of a correction. 
Recall how many were advice to buy during our $50's because we may never see them again.
But if the mindset is Long term then it doesn't mean much.

What you said is very directed and correct because I also still find people who like to buy when the price of Bitcoin has increased until they forget about the price correction. But if those who buy at this time are long-term investors who are used to holding Bitcoin for a long time, I don't think there is anything wrong with that. But if some people buy it only for short-term profits, I'm sure they won't be ready to see the Bitcoin price correction because they might panic more which causes them to let it go again and cause losses.

FOMO often occurs at times like this for some people who are not brave enough to buy when the price of Bitcoin is still around $50K, but I also wonder why they dare to buy when the price of Bitcoin has passed the $90K level this month. Even though they are not investors and are only people who take advantage of good moments for a short time, people like that usually do not easily accept advice from other people even though their FOMO nature is still quite obvious within themselves.

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November 14, 2024, 01:30:04 PM
 #2094

Sorry had to snip this because it's quite long.
Buying Now is FOMO and any correction and they will sell.
A person that starts now is in for quick profit and could get burnt Incase of a correction. 
Recall how many were advice to buy during our $50's because we may never see them again.
But if the mindset is Long term then it doesn't mean much.

What you said is very directed and correct because I also still find people who like to buy when the price of Bitcoin has increased until they forget about the price correction. But if those who buy at this time are long-term investors who are used to holding Bitcoin for a long time, I don't think there is anything wrong with that. But if some people buy it only for short-term profits, I'm sure they won't be ready to see the Bitcoin price correction because they might panic more which causes them to let it go again and cause losses.

FOMO often occurs at times like this for some people who are not brave enough to buy when the price of Bitcoin is still around $50K, but I also wonder why they dare to buy when the price of Bitcoin has passed the $90K level this month. Even though they are not investors and are only people who take advantage of good moments for a short time, people like that usually do not easily accept advice from other people even though their FOMO nature is still quite obvious within themselves.
Thoughts like this can be corrected. For example when an investor is well educated about bitcoin correction they find no need to panic, investors still buy now regardless the price reaching $90k or more because they've not reached the target, it's okay believing Bitcoin price after the correction meanwhile it takes time before anyone can see a good profit probably after the bull run waiting for another circle. Buying now has nothing to do with fomo else those who chase after profit only consider the price now and they get easily fooled afterwards lose

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November 14, 2024, 02:18:06 PM
 #2095

Buying Now is FOMO and any correction and they will sell.
A person that starts now is in for quick profit and could get burnt Incase of a correction

Recall how many were advice to buy during our $50's because we may never see them again.
You need to understand that some people just made up their mind recently and started their accumulation journey and not everybody that started buying bitcoin now is a trader and is aiming for quick profit. Some people are still starting their accumulation journey with the right mindset and on a long-term plan even now and you would agree with me that it is not too late since bitcoin still got its potentials.

Advising somebody to do something right still needs the person to be convinced within himself that he is moving in the right direction, it is very possible that those you advised then were not convinced even after their research and only now that the price of bitcoin appreciated did they reach a conclusion that they would invest and they are still on the right track, although their investment would not be as profitable as those who invested in $50k or below, but they would still be better off than those who would join at $100k or more and if they remain consistent with their accumulation journey, they are still going to secure their financial future just like everybody else that has made this right decision to invest in bitcoin

 
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November 14, 2024, 02:29:33 PM
Merited by JayJuanGee (1)
 #2096


I don’t think this your premiss is good one because the way bitcoin is moving currently,it will hit 100k. Allow people to find egress themselves and don’t sound outstrip.
Cryptocurrency investment is not what you do to gain quick money and it’s not going to make you rich quickly either, just make sure your expectations are not high anytime you’re buying a particular coin.
Some people are being so anticipative anytime they’re buying a particular coin but at the end of the day they won’t be happy with the outcome because their expectations was high
Bitcoin is like a philtre and don’t be carried away



Buddy I know that many Bitcoiners here has tried to put you on the right track im your misplaced priority by using the word crypto instead of Bitcoin, I think you should understand that this thread is for good method that individual investor can apply to invest in Bitcoin without waiting for the dip and also not minding the price of Bitcoin at all since we can invest smartly with DCA method with the amount that we can afford continuously, I have cross checked very well and I findout that everyone that quoted you werent really pleased with the crypto bullshit you used in expressing Bitcoin, I agree with you that bitcoin investment is not a get rich quick scheme that's an established fact, but what do you mean by people should not place their expectations high when buying a particular coin, thats funny, do you mean those meaningless bullshit altcoin and  shitcoins whatsoever, Bitcoin is the the coin and the goal is for a long-term so whatever you are saying should better be centered on that instead trying to use the wrong words here.

Buddy preach Bitcoin though not with persuasion or force, I don't know about any other coin you are referring to, we don't care about any other over hyped shitty stuff here, people that understand bitcoin invesmnet knows the concepts and if you do, you would have prefer to enlighen newbies on the need to invest in Bitcoin continuously with the amount they can afford steadily without minding the priec at all time and hodl for a long-term instead of sounding discouraging at the conclusion of your piece of writing.

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November 14, 2024, 05:52:22 PM
 #2097

Buying Now is FOMO and any correction and they will sell.
A person that starts now is in for quick profit and could get burnt Incase of a correction

Recall how many were advice to buy during our $50's because we may never see them again.
You need to understand that some people just made up their mind recently and started their accumulation journey and not everybody that started buying bitcoin now is a trader and is aiming for quick profit. Some people are still starting their accumulation journey with the right mindset and on a long-term plan even now and you would agree with me that it is not too late since bitcoin still got its potentials.

Advising somebody to do something right still needs the person to be convinced within himself that he is moving in the right direction, it is very possible that those you advised then were not convinced even after their research and only now that the price of bitcoin appreciated did they reach a conclusion that they would invest and they are still on the right track, although their investment would not be as profitable as those who invested in $50k or below, but they would still be better off than those who would join at $100k or more and if they remain consistent with their accumulation journey, they are still going to secure their financial future just like everybody else that has made this right decision to invest in bitcoin

Yep. that is the funny thing about the whole price versus time thing, and since many people do not have lump sums that they can invest (even if they do have a lot of capital, many, if not most, people do not want to divert their already existing capital), they still tend to take time to establish a position, even if they are being aggressive.. so perhaps maybe their regular budget allows them to invest $100 per week, but then they see an urgency towards getting into something like bitcoin, so the reprioritize their investments towards bitcoin and perhaps maybe over 6 months they might be able to divert some of their resources, and then maybe they are able to invest at $1k per week for 6 months before they revert back to their normal and/or sustainable budget of $100 per week. 

I would label that kind of behavior as front loading, and surely front loading can take place, and it can be a bit risky if the BTC price goes down instead of up, yet front running will tend to pay off quite well if the BTC price goes up rather than down... so then even if the person might still not be selling any bitcoin for 4-10 years or longer, they still continue to accumulate at $100 per week, yet they still feel good that they were able to get some amount of a front-loaded amount into their BTC investment at lower prices, so still I would still consider that to be more of a product of time rather than price, even though surely any of us can appreciate the value of buying BTC at lower prices, we just cannot really know for sure, unless the BTC price is already dipping whether we are getting a good price and even if the BTC price is going up, we can really have no assurance that the BTC price is going to dip at a later date..

so many times establishing a position can take time and it can be a bit stressful, yet it still seems that ongoing acting to buy is a way better strategy than waiting, even if your entry price might end up being a bit higher than it might have had otherwise had been.. but there should be a bit of satisfaction to being in rather than fucking around waiting and then risking not being in when you well should have had gotten in.. and you should have had acted rather than waiting.. and the same is true right now.. It seems better to act rather than wait, but people still get nervous to buy BTC when the price is going up.. which truely had a lot of occassions in which people have failed/refused to established a BTC position because of their inability or unwillingness to actually act.

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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November 14, 2024, 08:31:12 PM
 #2098

FOMO often occurs at times like this for some people who are not brave enough to buy when the price of Bitcoin is still around $50K, but I also wonder why they dare to buy when the price of Bitcoin has passed the $90K level this month. Even though they are not investors and are only people who take advantage of good moments for a short time, people like that usually do not easily accept advice from other people even though their FOMO nature is still quite obvious within themselves.
I am not surprised because, at every point in time, there are people who still doubt Bitcoin unless they see proof. At 50k those set of people have been procrastinating now the price of Bitcoin has hit 90k they still can't buy because they're still in doubt since they do not want to put in their money now and then it starts falling down. Like I have said before, no matter what the price would be, there will be people who will never buy at all. They are short sited that is why think only for short term purpose. And another thing is that they do not belive, they only care to invest in Bitcoin because of some investors who preaching the benefit. Deep down they are scared of investing, since they fail to learn about Bitcoin. To overcome the FOMO, an investors need to first learn about Bitcoin and how to invest in it.

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November 14, 2024, 09:43:46 PM
 #2099

Are you trying to encourage everyone to give up the bitcoins they have when the target they are aiming for has not been completed?
I don't have a problem with a lot of people releasing their bitcoins when it's like this because ultimately the decision is made according to their own beliefs and when they want to get out of the existing cycle because they think they are sure of their decision then it is understandable, but trying to encourage only in conditions like this I don't think it's really worth doing.
We all have our own thoughts in this case when indeed you are not sure about bitcoin and will release it then indeed it is up to you, it's just that when talking about seeing the way of thinking that you are doing right now with some of the statements you gave, you actually tend to be more directed to a trader rather than an investor so in this case we cannot argue about the continuation of bitcoin because you and I have different goals in this case.


Well as for traders or those looking to take their profits this is a time to sell. Massive
pump since the weekend to +$86k. The Fear/Greed index is showing "Extreme Greed"
@ 76 points, I'm sure there are other market indicators pointing to
"Over bought".

There is an argument for selling now and buy back when the market corrects, and some
people have been calling this move at previous big pumps before.

Personally I have never dont this move, I have always HODL'd through the market movements.
Actually for this I will not intervene with anyone regardless of whether they will sell their assets or hold it is the prerogative of themselves but what needs to be emphasized in this case is that when you sell the assets you have then you will automatically lose the opportunity to be better than now because in the end this is only a temporary condition for the future which could be higher.

Selling equals loss and when you let go it will be very difficult for you to get back what has been released so even though the choice is back to each one but as a suggestion for hodl it is clearly very possible to do at this time.
Remember where you started and where you want to end so until your target is reached then staying in bitcoin is a viable option.

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November 14, 2024, 10:01:26 PM
Merited by fillippone (1)
 #2100

FOMO often occurs at times like this for some people who are not brave enough to buy when the price of Bitcoin is still around $50K, but I also wonder why they dare to buy when the price of Bitcoin has passed the $90K level this month. Even though they are not investors and are only people who take advantage of good moments for a short time, people like that usually do not easily accept advice from other people even though their FOMO nature is still quite obvious within themselves.
I am not surprised because, at every point in time, there are people who still doubt Bitcoin unless they see proof. At 50k those set of people have been procrastinating now the price of Bitcoin has hit 90k they still can't buy because they're still in doubt since they do not want to put in their money now and then it starts falling down. Like I have said before, no matter what the price would be, there will be people who will never buy at all. They are short sited that is why think only for short term purpose. And another thing is that they do not belive, they only care to invest in Bitcoin because of some investors who preaching the benefit. Deep down they are scared of investing, since they fail to learn about Bitcoin. To overcome the FOMO, an investors need to first learn about Bitcoin and how to invest in it.

One thing to note why making investment is that risks are surely involved. Most investment are very risky but i doubt if the risk of bitcoin can get to a point where one will lose in toto. Except for those who just invest for short term profits that might find themselves at the losing end why investing in bitcoin but for an investor who is focused on long term growth, he is unlikely not to succeed in bitcoin. No matter how far the price of bitcoin goes, there is still gonno be procrastinators who would always make excuses for not investing in bitcoin but that shouldn't be our concern because there are people that even if you persuade them that you want to use your own money to start up an investment in bitcoin for them they will still not agree. There are people with poor mentality such that they are always afraid to take advantage of opportunities that they are presented with. Being rich is not only about having money, but the ability to make informed decisions and willing to utilize an opportunity to invest and become bigger and better in the future. Every bitcoin investor who is HODLing for long term future benefits already has a wealthy understanding of what bitcoin bitcoin is all about.

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Rainbet.com
CRYPTO CASINO & SPORTSBOOK
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 $20,000 
WEEKLY RAFFLE
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10K
WEEKLY
RACE
100K
MONTHLY
RACE
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