Makus
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I agree that hardly anything need to be known from the start, except knowing whether or not you have any discretionary in which you can get started. The rest can be learned along the way and the bitcoin accumulation (buying) approach can become more aggressive with the learning of the things that you mentioned above.. and sure there can be a lot to learn with bitcoin, but not too much is needed to be known or suspected about bitcoin in the very beginning beyond some kind of suspicion (or hunch) that number tends to go up...even though it might not go up in the short term.
Yeah sure. It really doesn’t require being an expert or a pro investor to get started with Bitcoin. All one needs is to have some discretionary income to invest and to really believe in the potential of Bitcoin and that it’ll definitely continue in and uptrend over time, because some people fail to invest in Bitcoin, not because they do not have enough money or discretionary income to invest, but because they have a pessimistic attitude towards Bitcoin and they feel like Bitcoin has already done enough and can do pretty much again. As long as you truly believe in Bitcoin and you’ve got some discretionary income, they rest, as they say, is simply just details, because as you advance, you can get to learn about the market trends, Bitcoin’s Tech and other investment strategies that’ll align with your investment goals. It’s all about being bold enough to take that first step, applying patience and completely trusting the process. It’s possible that the price movement at first might be sluggish and may not skyrocket immediately as every investor would anticipate, but having a long term outlook and perspective of Bitcoin will surely help you eliminate the impacts of the market short term volatility. It brings us back to position size and DCA, again. Even with pessimistic folks, it is likely better to get off zero and to take a modest position size rather than staying a no coiner, and that has been the message for the past 10 years and is likely going to continue to be the message to those who continue to believe themselves to be too late, but are not doing anything to help their perceptions of being late by continuing to fail/refuse to take actions to get off zero. I agree with you, even though one thinks he's late or has no much to gain from Bitcoin, as long as he has discretionary income present, instead of having decision fatiques, he may likely want to start off first DCAing with little amounts no matter how small and possibly he'll find his conviction to increase his aggressiveness going forward and grow out from being a wimpy or a no investor. We get nothing from doing nothing, especially in Bitcoin, you must take action to get off your no-coiner mode and get on your Bitcoin accumulation journey The deadluck is rooted in being idle and doing nothing about your empty Bitcoin portfolio. You waste a lot of time, time you should've started off to gradually accumulate Bitcoin for yourself and if you're actionable, in the near future you still see you were much early compared to the one who remained a spectator over the years and killed his chances of getting some Bitcoin for himself and securing his financial future Sometimes the problem with investors not investing in bitcoin because they missed out the previous years when bitcoin was a lot cheaper is actually the the absolute reason why most people don't go into the market. I spoke to a trader who happens to be a friend and after our long discussion he talked about forex and later switched to crypto trading, at the end he asked me what crypto I'm I Interested in for the next alt season, and I said non because I'll be focused on bitcoin only and criticized bitcoin of not going to be profitable anymore nor will I get to see any 2x in the coming bullish season, then I told him I wasn't interested in short term market trade but would hold for probably a decade. So from our discussion I got to find out that most person are avoiding bitcoin because it is not as volatile as shitcoins within a small duration of time. Well that's correct amd but not logically sound because they are comparing a long term project to a short term rug project which have lead several persons to an addictive state of chasing losses after being rugged.
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EL MOHA
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March 31, 2025, 10:27:22 PM |
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So from our discussion I got to find out that most person are avoiding bitcoin because it is not as volatile as shitcoins within a small duration of time. Well that's correct amd but not logically sound because they are comparing a long term project to a short term rug project which have lead several persons to an addictive state of chasing losses after being rugged.
It is not a shocking discovery because if you ask almost all alt coin investors they will simply not give you any utility value of the coin they are buying or holding. This is the reason why upon the rugs in memecoin trading many people are still buying memecoins. They have this belief that one of their buys will possibly do a 100x one day and help them get rich quick, without them knowing that this amount wasted on this shitcoins can be used for a very good start of bitcoin investment. Many today are into cryptocurrency just to get rich quick that’s why we see many still losing money to pump and dump coins. Yes bitcoin cannot guarantee anyone 10x over a short period of time, but bitcoin is the safest investment where like 2x is almost assured every four years not just in cryptocurrency space but on any digital asset space. Bitcoin has proven that every four cycle can be a turning point.
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▄▄█████████████████▄▄ ▄█████████████████████▄ ███▀▀█████▀▀░░▀▀███████ ███▄░░▀▀░░▄▄██▄░░██████ █████░░░████████░░█████ ████▌░▄░░█████▀░░██████ ███▌░▐█▌░░▀▀▀▀░░▄██████ ███░░▌██░░▄░░▄█████████ ███▌░▀▄▀░░█▄░░█████████ ████▄░░░▄███▄░░▀▀█▀▀███ ██████████████▄▄░░░▄███ ▀█████████████████████▀ ▀▀█████████████████▀▀ | Rainbet.com CRYPTO CASINO & SPORTSBOOK | | | █▄█▄█▄███████▄█▄█▄█ ███████████████████ ███████████████████ ███████████████████ █████▀█▀▀▄▄▄▀██████ █████▀▄▀████░██████ █████░██░█▀▄███████ ████▄▀▀▄▄▀███████ █████████▄▀▄███ █████████████████ ███████████████████ ███████████████████ ███████████████████ | | | |
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Sonia_123
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March 31, 2025, 11:15:22 PM Merited by JayJuanGee (1) |
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I agree that hardly anything need to be known from the start, except knowing whether or not you have any discretionary in which you can get started. The rest can be learned along the way and the bitcoin accumulation (buying) approach can become more aggressive with the learning of the things that you mentioned above.. and sure there can be a lot to learn with bitcoin, but not too much is needed to be known or suspected about bitcoin in the very beginning beyond some kind of suspicion (or hunch) that number tends to go up...even though it might not go up in the short term.
Yeah sure. It really doesn’t require being an expert or a pro investor to get started with Bitcoin. All one needs is to have some discretionary income to invest and to really believe in the potential of Bitcoin and that it’ll definitely continue in and uptrend over time, because some people fail to invest in Bitcoin, not because they do not have enough money or discretionary income to invest, but because they have a pessimistic attitude towards Bitcoin and they feel like Bitcoin has already done enough and can do pretty much again. As long as you truly believe in Bitcoin and you’ve got some discretionary income, they rest, as they say, is simply just details, because as you advance, you can get to learn about the market trends, Bitcoin’s Tech and other investment strategies that’ll align with your investment goals. It’s all about being bold enough to take that first step, applying patience and completely trusting the process. It’s possible that the price movement at first might be sluggish and may not skyrocket immediately as every investor would anticipate, but having a long term outlook and perspective of Bitcoin will surely help you eliminate the impacts of the market short term volatility. It brings us back to position size and DCA, again. Even with pessimistic folks, it is likely better to get off zero and to take a modest position size rather than staying a no coiner, and that has been the message for the past 10 years and is likely going to continue to be the message to those who continue to believe themselves to be too late, but are not doing anything to help their perceptions of being late by continuing to fail/refuse to take actions to get off zero. I agree with you, even though one thinks he's late or has no much to gain from Bitcoin, as long as he has discretionary income present, instead of having decision fatiques, he may likely want to start off first DCAing with little amounts no matter how small and possibly he'll find his conviction to increase his aggressiveness going forward and grow out from being a wimpy or a no investor. We get nothing from doing nothing, especially in Bitcoin, you must take action to get off your no-coiner mode and get on your Bitcoin accumulation journey The deadluck is rooted in being idle and doing nothing about your empty Bitcoin portfolio. You waste a lot of time, time you should've started off to gradually accumulate Bitcoin for yourself and if you're actionable, in the near future you still see you were much early compared to the one who remained a spectator over the years and killed his chances of getting some Bitcoin for himself and securing his financial future Sometimes the problem with investors not investing in bitcoin because they missed out the previous years when bitcoin was a lot cheaper is actually the the absolute reason why most people don't go into the market. I spoke to a trader who happens to be a friend and after our long discussion he talked about forex and later switched to crypto trading, at the end he asked me what crypto I'm I Interested in for the next alt season, and I said non because I'll be focused on bitcoin only and criticized bitcoin of not going to be profitable anymore nor will I get to see any 2x in the coming bullish season, then I told him I wasn't interested in short term market trade but would hold for probably a decade. So from our discussion I got to find out that most person are avoiding bitcoin because it is not as volatile as shitcoins within a small duration of time. Well that's correct amd but not logically sound because they are comparing a long term project to a short term rug project which have lead several persons to an addictive state of chasing losses after being rugged. They don't want to believe that Bitcoin is the ultimate and that Bitcoin cannot be gotten rid away like that, they are looking for persons that will follow them in their altcoin trading, instead of buying Bitcoin and accumulating, so that in years to come, it will beneficial to them. Missing out a particular time or when the price is cheaper that you were suppose to buy Bitcoin is not a yastic that Bitcoin investment is not profitable and so should be avoided, it is due to the inability of funds or proper preparation for the buying of Bitcoin which needs to be readdress. Bitcoin can be bought anytime you want, there is no special time to buy it in as much as you are ready financially, the market is there for everyone to buy, since they failed to buy Bitcoin, at a particular time is not a genuine reason to go for altcoin.
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JayJuanGee
Legendary
Online
Activity: 4200
Merit: 12910
Self-Custody is a right. Say no to "non-custodial"
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March 31, 2025, 11:23:19 PM |
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[edited out]
Sometimes the problem with investors not investing in bitcoin because they missed out the previous years when bitcoin was a lot cheaper is actually the the absolute reason why most people don't go into the market. This is an ever-present problem in bitcoin, and any no coiner or low coiner who is not able to get out of this problem is going to continue to have the same problem that involves lack of action. The solution to such lack of action problem is action, yet you are correct, a lot of folks have the problem of failing to act because they believe that the price has gone too high.. so they think that they have missed the boat, even if any of us might tell them over and over to just get started and stop thinking about historical prices that were cheaper. I spoke to a trader who happens to be a friend and after our long discussion he talked about forex and later switched to crypto trading, at the end he asked me what crypto I'm I Interested in for the next alt season, and I said non because I'll be focused on bitcoin only and criticized bitcoin of not going to be profitable anymore nor will I get to see any 2x in the coming bullish season, then I told him I wasn't interested in short term market trade but would hold for probably a decade.
So many traders think that they are smarter than everyone else, and it may well be true that they are smarter - however, at the same time, their failure/refusal to focus on bitcoin is going to contribute to their continuing to fall behind bitcoin investors, until they change their mindset away from trading (at least in regards to bitcoin) and start investing into bitcoin with a decent amount of their stash.. perhaps limiting their trading to 10% or less of their bitcoin portfolio size, unless they happen to be a rare trader who actually is able to profit from trading.. which yeah, that is a rare thing... ..and in bitcoin there is an additional problem of traders who might try to play both direction, so they might be doing alright on the calling of various up and down BTC price moves, and then all of a sudden bitcoin will do some kind of a stair case upwardly, and the trader will end up selling way more bitcoin than he should have sold and end up with hardly any bitcoin or very low quantities of bitcoin as the BTC price continues to go up after his sales... and we cannot be sure when these kinds of price moves come in bitcoin.. So from our discussion I got to find out that most person are avoiding bitcoin because it is not as volatile as shitcoins within a small duration of time. Well that's correct amd but not logically sound because they are comparing a long term project to a short term rug project which have lead several persons to an addictive state of chasing losses after being rugged.
Sure, the more volatile an asset then the more tradable it is, and relatively speaking bitcoin is pretty volatile relative to other assets, so even bitcoin can be a good thing to trade in terms of short term profits.. even if the traders are not likely to do as well as the long term bitcoin investors, once we get past a cycle or two... and, yeah, shitcoins tend to be more volatile than bitcoin, so they are even better to trade if there might be ways that the traders can account for the rug-pull factor, as you mentioned... and sure some traders try to become insiders to the various shitcoins so that they can be part of the rug pull group, which might work for some of them if you want to sacrifice ethics and even engage in scammy behaviors... and some people don't mind doing that as long as they get rich, but they still might end up with issues of losing money even if they had thought that they were part of the "insiders" team. So from our discussion I got to find out that most person are avoiding bitcoin because it is not as volatile as shitcoins within a small duration of time. Well that's correct amd but not logically sound because they are comparing a long term project to a short term rug project which have lead several persons to an addictive state of chasing losses after being rugged.
It is not a shocking discovery because if you ask almost all alt coin investors they will simply not give you any utility value of the coin they are buying or holding. This is the reason why upon the rugs in memecoin trading many people are still buying memecoins. They have this belief that one of their buys will possibly do a 100x one day and help them get rich quick, without them knowing that this amount wasted on this shitcoins can be used for a very good start of bitcoin investment. Many today are into cryptocurrency just to get rich quick that’s why we see many still losing money to pump and dump coins. Yes bitcoin cannot guarantee anyone 10x over a short period of time, but bitcoin is the safest investment where like 2x is almost assured every four years not just in cryptocurrency space but on any digital asset space. Bitcoin has proven that every four cycle can be a turning point. I agree that cycles have historically been present in bitcoin, and until they disappear, we are likely better off to assume that cycles are going to continue to take place, while at the same time knowing that cycles are not guaranteed to continue to occur... especially since the changes in the stock to flow, overall, are getting smaller and smaller and smaller, so the changes to the new supply issuance is also getting smaller as an overall proportion of the bitcoin supply... yet at the same time, the quantity of lost coins are probably quite higher than people think (including that some people might not even know that they have lost coins until they actually go to verify their access to their coins and they might not have the access that they thought that they had to all of their coins). It can be challenging being our own bank, so then our leaving coins with third party custodians brings other kinds of problems in regards to the extent to which third parties actually have all the coins they claim to have.
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1) Self-Custody is a right. Resist being labelled as: "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Popkon6
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April 01, 2025, 08:18:52 AM Merited by cryptoWODL (2) |
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So from our discussion I got to find out that most person are avoiding bitcoin because it is not as volatile as shitcoins within a small duration of time. Well that's correct amd but not logically sound because they are comparing a long term project to a short term rug project which have lead several persons to an addictive state of chasing losses after being rugged.
It is not a shocking discovery because if you ask almost all alt coin investors they will simply not give you any utility value of the coin they are buying or holding. This is the reason why upon the rugs in memecoin trading many people are still buying memecoins. They have this belief that one of their buys will possibly do a 100x one day and help them get rich quick, without them knowing that this amount wasted on this shitcoins can be used for a very good start of bitcoin investment. Holders who like shitcoins and invest quietly will have the opposite benefit -100 percent, in which case they are most likely to lose all their money. I think there are no fools like those who invest in shitcoins these days. Many today are into cryptocurrency just to get rich quick that’s why we see many still losing money to pump and dump coins. Yes bitcoin cannot guarantee anyone 10x over a short period of time, but bitcoin is the safest investment where like 2x is almost assured every four years not just in cryptocurrency space but on any digital asset space. Bitcoin has proven that every four cycle can be a turning point.
Bitcoin is reliable, holding it for a long time is the most likely to get more benefits, those who invested in Bitcoin before this bull market (2-3 months) have had the most success. You can also notice that those who participated in Bitcoin investment in the past have benefited the most, those who invested according to the DCA method have had better success. In the long term, it is possible to get the most success in Bitcoin investment alone, but you have to stick to Bitcoin investment for a long time. You notice that if you invest $ 50 every week, you can deposit $ 2600 at the end of the year, and if the benefit of $ 2600 is 2 to 3 times, you will get more success if you hold it for a few years. Now you will prove to yourself that Bitcoin is the only reliable coin where success is possible only by investing in the long term.
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ZeroVinsonN
Member

Offline
Activity: 219
Merit: 26
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April 01, 2025, 08:55:15 AM |
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I agree that hardly anything need to be known from the start, except knowing whether or not you have any discretionary in which you can get started. The rest can be learned along the way and the bitcoin accumulation (buying) approach can become more aggressive with the learning of the things that you mentioned above.. and sure there can be a lot to learn with bitcoin, but not too much is needed to be known or suspected about bitcoin in the very beginning beyond some kind of suspicion (or hunch) that number tends to go up...even though it might not go up in the short term.
Yeah sure. It really doesn’t require being an expert or a pro investor to get started with Bitcoin. All one needs is to have some discretionary income to invest and to really believe in the potential of Bitcoin and that it’ll definitely continue in and uptrend over time, because some people fail to invest in Bitcoin, not because they do not have enough money or discretionary income to invest, but because they have a pessimistic attitude towards Bitcoin and they feel like Bitcoin has already done enough and can do pretty much again. As long as you truly believe in Bitcoin and you’ve got some discretionary income, they rest, as they say, is simply just details, because as you advance, you can get to learn about the market trends, Bitcoin’s Tech and other investment strategies that’ll align with your investment goals. It’s all about being bold enough to take that first step, applying patience and completely trusting the process. It’s possible that the price movement at first might be sluggish and may not skyrocket immediately as every investor would anticipate, but having a long term outlook and perspective of Bitcoin will surely help you eliminate the impacts of the market short term volatility. It brings us back to position size and DCA, again. Even with pessimistic folks, it is likely better to get off zero and to take a modest position size rather than staying a no coiner, and that has been the message for the past 10 years and is likely going to continue to be the message to those who continue to believe themselves to be too late, but are not doing anything to help their perceptions of being late by continuing to fail/refuse to take actions to get off zero. I agree with you, even though one thinks he's late or has no much to gain from Bitcoin, as long as he has discretionary income present, instead of having decision fatiques, he may likely want to start off first DCAing with little amounts no matter how small and possibly he'll find his conviction to increase his aggressiveness going forward and grow out from being a wimpy or a no investor. We get nothing from doing nothing, especially in Bitcoin, you must take action to get off your no-coiner mode and get on your Bitcoin accumulation journey The deadluck is rooted in being idle and doing nothing about your empty Bitcoin portfolio. You waste a lot of time, time you should've started off to gradually accumulate Bitcoin for yourself and if you're actionable, in the near future you still see you were much early compared to the one who remained a spectator over the years and killed his chances of getting some Bitcoin for himself and securing his financial future Sometimes the problem with investors not investing in bitcoin because they missed out the previous years when bitcoin was a lot cheaper is actually the the absolute reason why most people don't go into the market. I spoke to a trader who happens to be a friend and after our long discussion he talked about forex and later switched to crypto trading, at the end he asked me what crypto I'm I Interested in for the next alt season, and I said non because I'll be focused on bitcoin only and criticized bitcoin of not going to be profitable anymore nor will I get to see any 2x in the coming bullish season, then I told him I wasn't interested in short term market trade but would hold for probably a decade. So from our discussion I got to find out that most person are avoiding bitcoin because it is not as volatile as shitcoins within a small duration of time. Well that's correct amd but not logically sound because they are comparing a long term project to a short term rug project which have lead several persons to an addictive state of chasing losses after being rugged. They don't want to believe that Bitcoin is the ultimate and that Bitcoin cannot be gotten rid away like that, they are looking for persons that will follow them in their altcoin trading, instead of buying Bitcoin and accumulating, so that in years to come, it will beneficial to them. They seem to believe bitcoin is the same as every other shitcoin out there, treating them as the same, they fail to realize the bitcoin is way above every other coin out these and that the way trading with these shitcoin might make profit for them won't work on Bitcoin since bitcoin is on a different level from the rest of them. Missing out a particular time or when the price is cheaper that you were suppose to buy Bitcoin is not a yastic that Bitcoin investment is not profitable and so should be avoided, it is due to the inability of funds or proper preparation for the buying of Bitcoin which needs to be readdress.
Its infuriating when people used missed opportunity as an excuse to not try again, even when missing the opportunity was their fault for procrastinating and not buying on time, most buy and their purchase is followed by a DIP, out of fear they sell at a loss and then start spreading false info on Bitcoin not being profitable discouraging potential investors from investing. Bitcoin can be bought anytime you want, there is no special time to buy it in as much as you are ready financially, the market is there for everyone to buy, since they failed to buy Bitcoin, at a particular time is not a genuine reason to go for altcoin.
Your financial state should be the only thing potentially keeping you from investing, if you are operating a 'hand to mouth' income earning system, but as long as you have discretionary funds, waiting for a special time is a mistake, start investing now and build up you bitcoin portfolio
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Derekfunds
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April 01, 2025, 11:18:56 AM |
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I agree that hardly anything need to be known from the start, except knowing whether or not you have any discretionary in which you can get started. The rest can be learned along the way and the bitcoin accumulation (buying) approach can become more aggressive with the learning of the things that you mentioned above.. and sure there can be a lot to learn with bitcoin, but not too much is needed to be known or suspected about bitcoin in the very beginning beyond some kind of suspicion (or hunch) that number tends to go up...even though it might not go up in the short term.
Yeah sure. It really doesn’t require being an expert or a pro investor to get started with Bitcoin. All one needs is to have some discretionary income to invest and to really believe in the potential of Bitcoin and that it’ll definitely continue in and uptrend over time, because some people fail to invest in Bitcoin, not because they do not have enough money or discretionary income to invest, but because they have a pessimistic attitude towards Bitcoin and they feel like Bitcoin has already done enough and can do pretty much again. As long as you truly believe in Bitcoin and you’ve got some discretionary income, they rest, as they say, is simply just details, because as you advance, you can get to learn about the market trends, Bitcoin’s Tech and other investment strategies that’ll align with your investment goals. It’s all about being bold enough to take that first step, applying patience and completely trusting the process. It’s possible that the price movement at first might be sluggish and may not skyrocket immediately as every investor would anticipate, but having a long term outlook and perspective of Bitcoin will surely help you eliminate the impacts of the market short term volatility. It brings us back to position size and DCA, again. Even with pessimistic folks, it is likely better to get off zero and to take a modest position size rather than staying a no coiner, and that has been the message for the past 10 years and is likely going to continue to be the message to those who continue to believe themselves to be too late, but are not doing anything to help their perceptions of being late by continuing to fail/refuse to take actions to get off zero. I agree with you, even though one thinks he's late or has no much to gain from Bitcoin, as long as he has discretionary income present, instead of having decision fatiques, he may likely want to start off first DCAing with little amounts no matter how small and possibly he'll find his conviction to increase his aggressiveness going forward and grow out from being a wimpy or a no investor. We get nothing from doing nothing, especially in Bitcoin, you must take action to get off your no-coiner mode and get on your Bitcoin accumulation journey The deadluck is rooted in being idle and doing nothing about your empty Bitcoin portfolio. You waste a lot of time, time you should've started off to gradually accumulate Bitcoin for yourself and if you're actionable, in the near future you still see you were much early compared to the one who remained a spectator over the years and killed his chances of getting some Bitcoin for himself and securing his financial future Sometimes the problem with investors not investing in bitcoin because they missed out the previous years when bitcoin was a lot cheaper is actually the the absolute reason why most people don't go into the market. I spoke to a trader who happens to be a friend and after our long discussion he talked about forex and later switched to crypto trading, at the end he asked me what crypto I'm I Interested in for the next alt season, and I said non because I'll be focused on bitcoin only and criticized bitcoin of not going to be profitable anymore nor will I get to see any 2x in the coming bullish season, then I told him I wasn't interested in short term market trade but would hold for probably a decade. So from our discussion I got to find out that most person are avoiding bitcoin because it is not as volatile as shitcoins within a small duration of time. Well that's correct amd but not logically sound because they are comparing a long term project to a short term rug project which have lead several persons to an addictive state of chasing losses after being rugged. Individual mentality and perspective differs, he just started his fact and his mentality on what Bitcoin will look like or is for him but one thing is you don't force people to change or believe what is right rather you only tell them and then it is there choice to chose between what is been said and what they have in mind. Saying Bitcoin can not do 2x of it current price is absolutely wrong and not true and this mentality is why some people did not invested earlier when Bitcoin come into existence, most persons see it as a scam some people say it won't go anywhere etc but today Bitcoin is more than 10x it initial price, I hope and I know Bitcoin will still surpass this level.
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BitcoinTimi
Newbie
Offline
Activity: 25
Merit: 10
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April 01, 2025, 11:40:35 AM Last edit: April 01, 2025, 05:16:56 PM by BitcoinTimi |
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I agree that hardly anything need to be known from the start, except knowing whether or not you have any discretionary in which you can get started. The rest can be learned along the way and the bitcoin accumulation (buying) approach can become more aggressive with the learning of the things that you mentioned above.. and sure there can be a lot to learn with bitcoin, but not too much is needed to be known or suspected about bitcoin in the very beginning beyond some kind of suspicion (or hunch) that number tends to go up...even though it might not go up in the short term.
Yeah sure. It really doesn’t require being an expert or a pro investor to get started with Bitcoin. All one needs is to have some discretionary income to invest and to really believe in the potential of Bitcoin and that it’ll definitely continue in and uptrend over time, because some people fail to invest in Bitcoin, not because they do not have enough money or discretionary income to invest, but because they have a pessimistic attitude towards Bitcoin and they feel like Bitcoin has already done enough and can do pretty much again. As long as you truly believe in Bitcoin and you’ve got some discretionary income, they rest, as they say, is simply just details, because as you advance, you can get to learn about the market trends, Bitcoin’s Tech and other investment strategies that’ll align with your investment goals. It’s all about being bold enough to take that first step, applying patience and completely trusting the process. It’s possible that the price movement at first might be sluggish and may not skyrocket immediately as every investor would anticipate, but having a long term outlook and perspective of Bitcoin will surely help you eliminate the impacts of the market short term volatility. It brings us back to position size and DCA, again. Even with pessimistic folks, it is likely better to get off zero and to take a modest position size rather than staying a no coiner, and that has been the message for the past 10 years and is likely going to continue to be the message to those who continue to believe themselves to be too late, but are not doing anything to help their perceptions of being late by continuing to fail/refuse to take actions to get off zero. I agree with you, even though one thinks he's late or has no much to gain from Bitcoin, as long as he has discretionary income present, instead of having decision fatiques, he may likely want to start off first DCAing with little amounts no matter how small and possibly he'll find his conviction to increase his aggressiveness going forward and grow out from being a wimpy or a no investor. We get nothing from doing nothing, especially in Bitcoin, you must take action to get off your no-coiner mode and get on your Bitcoin accumulation journey The deadluck is rooted in being idle and doing nothing about your empty Bitcoin portfolio. You waste a lot of time, time you should've started off to gradually accumulate Bitcoin for yourself and if you're actionable, in the near future you still see you were much early compared to the one who remained a spectator over the years and killed his chances of getting some Bitcoin for himself and securing his financial future Sometimes the problem with investors not investing in bitcoin because they missed out the previous years when bitcoin was a lot cheaper is actually the the absolute reason why most people don't go into the market. I spoke to a trader who happens to be a friend and after our long discussion he talked about forex and later switched to crypto trading, at the end he asked me what crypto I'm I Interested in for the next alt season, and I said non because I'll be focused on bitcoin only and criticized bitcoin of not going to be profitable anymore nor will I get to see any 2x in the coming bullish season, then I told him I wasn't interested in short term market trade but would hold for probably a decade. So from our discussion I got to find out that most person are avoiding bitcoin because it is not as volatile as shitcoins within a small duration of time. Well that's correct amd but not logically sound because they are comparing a long term project to a short term rug project which have lead several persons to an addictive state of chasing losses after being rugged. Individual mentality and perspective differs, he just started his fact and his mentality on what Bitcoin will look like or is for him but one thing is you don't force people to change or believe what is right rather you only tell them and then it is there choice to chose between what is been said and what they have in mind. Saying Bitcoin can not do 2x of it current price is absolutely wrong and not true and this mentality is why some people did not invested earlier when Bitcoin come into existence, most persons see it as a scam some people say it won't go anywhere etc but today Bitcoin is more than 10x it initial price, I hope and I know Bitcoin will still surpass this level. people's mentality is the reason why they have not yet started investing in bitcoin, so they prefer to trade than invest in bitcoin, because they believe that bitcoin has nothing more to offer in return, they believe that they are late to invest in bitcoin, which is absolutely a wrong way to think of bitcoin, as far as bitcoin still remain a store value with potential returns, bitcoin still has more to offer to people who buy and hold for long term, and secondly no time is too late to invest in bitcoin, just buy bitcoin continuously and hold for long term, for that Is the most profitable way to approach bitcoin and not by trading bitcoin.
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john_egbert
Member

Offline
Activity: 336
Merit: 12
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April 01, 2025, 01:09:49 PM |
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people's mentality is the reason why they have not yet started investing in bitcoin, so they prefer to trade than invest in bitcoin, because they believe that bitcoin has nothing more to offer in return, because they believe that they late to invest in bitcoin, which absolutely wrong way to think of bitcoin, as far as bitcoin still remain a store value it still has more to offer to people who buy and hold for al long term, and secondly no time is too late to invest in bitcoin, just buy and hold for that Is the most profitable way to approach and not by trading.
Such people just don't want to learn. They want profit here and now. Which BTC cannot provide in such a way.
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laijsica
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April 01, 2025, 02:00:10 PM |
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I agree that hardly anything need to be known from the start, except knowing whether or not you have any discretionary in which you can get started. The rest can be learned along the way and the bitcoin accumulation (buying) approach can become more aggressive with the learning of the things that you mentioned above.. and sure there can be a lot to learn with bitcoin, but not too much is needed to be known or suspected about bitcoin in the very beginning beyond some kind of suspicion (or hunch) that number tends to go up...even though it might not go up in the short term.
Yeah sure. It really doesn’t require being an expert or a pro investor to get started with Bitcoin. All one needs is to have some discretionary income to invest and to really believe in the potential of Bitcoin and that it’ll definitely continue in and uptrend over time, because some people fail to invest in Bitcoin, not because they do not have enough money or discretionary income to invest, but because they have a pessimistic attitude towards Bitcoin and they feel like Bitcoin has already done enough and can do pretty much again. As long as you truly believe in Bitcoin and you’ve got some discretionary income, they rest, as they say, is simply just details, because as you advance, you can get to learn about the market trends, Bitcoin’s Tech and other investment strategies that’ll align with your investment goals. It’s all about being bold enough to take that first step, applying patience and completely trusting the process. It’s possible that the price movement at first might be sluggish and may not skyrocket immediately as every investor would anticipate, but having a long term outlook and perspective of Bitcoin will surely help you eliminate the impacts of the market short term volatility. It brings us back to position size and DCA, again. Even with pessimistic folks, it is likely better to get off zero and to take a modest position size rather than staying a no coiner, and that has been the message for the past 10 years and is likely going to continue to be the message to those who continue to believe themselves to be too late, but are not doing anything to help their perceptions of being late by continuing to fail/refuse to take actions to get off zero. I agree with you, even though one thinks he's late or has no much to gain from Bitcoin, as long as he has discretionary income present, instead of having decision fatiques, he may likely want to start off first DCAing with little amounts no matter how small and possibly he'll find his conviction to increase his aggressiveness going forward and grow out from being a wimpy or a no investor. We get nothing from doing nothing, especially in Bitcoin, you must take action to get off your no-coiner mode and get on your Bitcoin accumulation journey The deadluck is rooted in being idle and doing nothing about your empty Bitcoin portfolio. You waste a lot of time, time you should've started off to gradually accumulate Bitcoin for yourself and if you're actionable, in the near future you still see you were much early compared to the one who remained a spectator over the years and killed his chances of getting some Bitcoin for himself and securing his financial future Sometimes the problem with investors not investing in bitcoin because they missed out the previous years when bitcoin was a lot cheaper is actually the the absolute reason why most people don't go into the market. I spoke to a trader who happens to be a friend and after our long discussion he talked about forex and later switched to crypto trading, at the end he asked me what crypto I'm I Interested in for the next alt season, and I said non because I'll be focused on bitcoin only and criticized bitcoin of not going to be profitable anymore nor will I get to see any 2x in the coming bullish season, then I told him I wasn't interested in short term market trade but would hold for probably a decade. So from our discussion I got to find out that most person are avoiding bitcoin because it is not as volatile as shitcoins within a small duration of time. Well that's correct amd but not logically sound because they are comparing a long term project to a short term rug project which have lead several persons to an addictive state of chasing losses after being rugged. Individual mentality and perspective differs, he just started his fact and his mentality on what Bitcoin will look like or is for him but one thing is you don't force people to change or believe what is right rather you only tell them and then it is there choice to chose between what is been said and what they have in mind. Saying Bitcoin can not do 2x of it current price is absolutely wrong and not true and this mentality is why some people did not invested earlier when Bitcoin come into existence, most persons see it as a scam some people say it won't go anywhere etc but today Bitcoin is more than 10x it initial price, I hope and I know Bitcoin will still surpass this level. people's mentality is the reason why they have not yet started investing in bitcoin, so they prefer to trade than invest in bitcoin, because they believe that bitcoin has nothing more to offer in return, because they believe that they late to invest in bitcoin, which absolutely wrong way to think of bitcoin, as far as bitcoin still remain a store value it still has more to offer to people who buy and hold for al long term, and secondly no time is too late to invest in bitcoin, just buy and hold for that Is the most profitable way to approach and not by trading. Yes, buy and hold Bitcoin on the belief that it will take you to a strong financial position as long as you continue on its long-term road. Since the day Bitcoin was launched some people thought it may a scam but it has gradually grown into such a huge store of value. We still think Bitcoin is passing its adolescence and is in the process of more significant price increases in the next 4-10 years. It is not too late for us to invest in Bitcoin and even think that if we can start accumulation we should start holding a large amount. The consideration for some guys is that instead of engaging in short-term trading they hold for the long term and continue to buy for a long time to build their future. This is a kind of reminder that they want to be more careful about their investments than when they started and compete with others in holding Bitcoin.
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Tamaperdana
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April 01, 2025, 02:18:19 PM |
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I am sure that if someone starts investing from discretionary income and he creates a backup fund to do it regularly he will be able to easily pull accordingly that you say.
There are ways that it can be easy, yet usually it is not easy - especially since bitcoin tends to be so volatile, and if you are committing value to bitcoin, then even if the amounts seem small, they start to add up and they tempt you into selling too much too early. If you are poor, and you never had much investment, even after 4-6 years, you might start to get tempted to tap into your bitcoin investment, and you may well get tempted to tap into it earlier than 4 years, and generally guys end up making mistakes of stopping their adding to their investment too early and also selling way too much too soon. It is not easy, and you don't even have to be poor to make those kinds of mistakes. The volatile price of Bitcoin makes it more attractive to investors and I am more inclined to be tempted by those investors. If someone is poor, they may be inclined to invest because they are more worried about their future than rich people and are interested in saving Bitcoin with great difficulty. In addition, they consciously make efforts to increase alternative income. I think the number of such investors is countless and they respect the secure financial system for their future or later life. Among them, there are some poor people who are not qualified to invest and their income is so low that they are confused in determining their future course of action or will be behind in investing. But for mentally enterprising people, no obstacle can stop them from investing. After a break of some time or a few more years, he continues to invest Bitcoin continuously to fulfill his goal. Somebody said "POOR" means passing over opportunities repeatedly, Bitcoin is meant for everybody that has the mindset to invest, even the most vulnerable in the society need investment at least to help them move away from that level of social strata in life. Poor people need to put effort too to make sure things change, Bitcoin allows them to create an investment plan using the DCA, good a thing bitcoin is not something that is exclusively meant for the rich, so anybody that is supposedly poor needs to make a move. If someone says they can't invest in bitcoin because they are poor, I don't think that's a good assumption. Because if someone makes that assumption, it reflects that the person doesn't have the ambition or strong desire to change their situation and I think that's a wrong way of thinking. Because basically as long as they have a strong desire and work hard, everyone can definitely invest in bitcoin. Because bitcoin was created not only for the upper class, but for all people. So if there is someone who knows about bitcoin and he is still young, but he doesn't invest in bitcoin, I think that person missed a good opportunity in his life. So with that, it can be said that people who want to invest in bitcoin, just have to instill a positive mindset that they can definitely invest in bitcoin. Because if there is a will, there is definitely a way that is wide open. Therefore, for someone who has not invested in bitcoin, I think you should immediately invest in bitcoin. Because even though investing in bitcoin does not guarantee 100% success, I am sure that 85% of bitcoin can guarantee success.
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Spaceman1000$
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April 01, 2025, 02:56:46 PM Last edit: April 01, 2025, 03:50:13 PM by Spaceman1000$ |
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I agree that hardly anything need to be known from the start, except knowing whether or not you have any discretionary in which you can get started. The rest can be learned along the way and the bitcoin accumulation (buying) approach can become more aggressive with the learning of the things that you mentioned above.. and sure there can be a lot to learn with bitcoin, but not too much is needed to be known or suspected about bitcoin in the very beginning beyond some kind of suspicion (or hunch) that number tends to go up...even though it might not go up in the short term.
Yeah sure. It really doesn’t require being an expert or a pro investor to get started with Bitcoin. All one needs is to have some discretionary income to invest and to really believe in the potential of Bitcoin and that it’ll definitely continue in and uptrend over time, because some people fail to invest in Bitcoin, not because they do not have enough money or discretionary income to invest, but because they have a pessimistic attitude towards Bitcoin and they feel like Bitcoin has already done enough and can do pretty much again. As long as you truly believe in Bitcoin and you’ve got some discretionary income, they rest, as they say, is simply just details, because as you advance, you can get to learn about the market trends, Bitcoin’s Tech and other investment strategies that’ll align with your investment goals. It’s all about being bold enough to take that first step, applying patience and completely trusting the process. It’s possible that the price movement at first might be sluggish and may not skyrocket immediately as every investor would anticipate, but having a long term outlook and perspective of Bitcoin will surely help you eliminate the impacts of the market short term volatility. It brings us back to position size and DCA, again. Even with pessimistic folks, it is likely better to get off zero and to take a modest position size rather than staying a no coiner, and that has been the message for the past 10 years and is likely going to continue to be the message to those who continue to believe themselves to be too late, but are not doing anything to help their perceptions of being late by continuing to fail/refuse to take actions to get off zero. I agree with you, even though one thinks he's late or has no much to gain from Bitcoin, as long as he has discretionary income present, instead of having decision fatiques, he may likely want to start off first DCAing with little amounts no matter how small and possibly he'll find his conviction to increase his aggressiveness going forward and grow out from being a wimpy or a no investor. We get nothing from doing nothing, especially in Bitcoin, you must take action to get off your no-coiner mode and get on your Bitcoin accumulation journey The deadluck is rooted in being idle and doing nothing about your empty Bitcoin portfolio. You waste a lot of time, time you should've started off to gradually accumulate Bitcoin for yourself and if you're actionable, in the near future you still see you were much early compared to the one who remained a spectator over the years and killed his chances of getting some Bitcoin for himself and securing his financial future Sometimes the problem with investors not investing in bitcoin because they missed out the previous years when bitcoin was a lot cheaper is actually the the absolute reason why most people don't go into the market. I spoke to a trader who happens to be a friend and after our long discussion he talked about forex and later switched to crypto trading, at the end he asked me what crypto I'm I Interested in for the next alt season, and I said non because I'll be focused on bitcoin only and criticized bitcoin of not going to be profitable anymore nor will I get to see any 2x in the coming bullish season, then I told him I wasn't interested in short term market trade but would hold for probably a decade. So from our discussion I got to find out that most person are avoiding bitcoin because it is not as volatile as shitcoins within a small duration of time. Well that's correct amd but not logically sound because they are comparing a long term project to a short term rug project which have lead several persons to an addictive state of chasing losses after being rugged. People always want to spin narrative to suit their own perspective but unfortunately they are always displaced by facts. If as an investor you've missed out on the previous years when Bitcoin was a lot cheaper for you to have invested, nothing stopped you from going ahead in still investing the amount you would have loved to invest from the previous years you had in mind, come to think of it, bitcoin is still reliable and valuable, just like every other asset you would want to invest your money in, so the need to start ground standing and making excuses in investing in shitcoins is totally out of place. Your narrative is making me understand that there are actually some persons that are only interested in volatile nature of shitcoins even when there absolute high risk of you totally losing your investment, I think the best advice is to tell them to have a rethink, that kind of persons does not really have an investors mindset, that's a gambler.
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SuperBitMan
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April 01, 2025, 03:30:26 PM |
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I am sure that if someone starts investing from discretionary income and he creates a backup fund to do it regularly he will be able to easily pull accordingly that you say.
There are ways that it can be easy, yet usually it is not easy - especially since bitcoin tends to be so volatile, and if you are committing value to bitcoin, then even if the amounts seem small, they start to add up and they tempt you into selling too much too early. If you are poor, and you never had much investment, even after 4-6 years, you might start to get tempted to tap into your bitcoin investment, and you may well get tempted to tap into it earlier than 4 years, and generally guys end up making mistakes of stopping their adding to their investment too early and also selling way too much too soon. It is not easy, and you don't even have to be poor to make those kinds of mistakes. The volatile price of Bitcoin makes it more attractive to investors and I am more inclined to be tempted by those investors. If someone is poor, they may be inclined to invest because they are more worried about their future than rich people and are interested in saving Bitcoin with great difficulty. In addition, they consciously make efforts to increase alternative income. I think the number of such investors is countless and they respect the secure financial system for their future or later life. Among them, there are some poor people who are not qualified to invest and their income is so low that they are confused in determining their future course of action or will be behind in investing. But for mentally enterprising people, no obstacle can stop them from investing. After a break of some time or a few more years, he continues to invest Bitcoin continuously to fulfill his goal. Somebody said "POOR" means passing over opportunities repeatedly, Bitcoin is meant for everybody that has the mindset to invest, even the most vulnerable in the society need investment at least to help them move away from that level of social strata in life. Poor people need to put effort too to make sure things change, Bitcoin allows them to create an investment plan using the DCA, good a thing bitcoin is not something that is exclusively meant for the rich, so anybody that is supposedly poor needs to make a move. If someone says they can't invest in bitcoin because they are poor, I don't think that's a good assumption. Because if someone makes that assumption, it reflects that the person doesn't have the ambition or strong desire to change their situation and I think that's a wrong way of thinking. Because basically as long as they have a strong desire and work hard, everyone can definitely invest in bitcoin. Because bitcoin was created not only for the upper class, but for all people. So if there is someone who knows about bitcoin and he is still young, but he doesn't invest in bitcoin, I think that person missed a good opportunity in his life. So with that, it can be said that people who want to invest in bitcoin, just have to instill a positive mindset that they can definitely invest in bitcoin. Because if there is a will, there is definitely a way that is wide open. Therefore, for someone who has not invested in bitcoin, I think you should immediately invest in bitcoin. Because even though investing in bitcoin does not guarantee 100% success, I am sure that 85% of bitcoin can guarantee success. Well you have spoken well however it still those not change the fact that a poor man or woman who has no source of income can't invest in Bitcoin, Bitcoin investment is done with money and no matter how eager you are as a poor person you can't invest in it without having the finance so I think what you should advise those who are poor is to work hard find something doing so they can be getting money no matter how small, there is a saying that they use money to go after money, Bitcoin is a very good investment and can really change the life of someone but you can't go after bitcoin without money you buy Bitcoin with money and hold it for some time, now this those not mean you need a huge amount to start bitcoin investment all you need is just as little as you can afford and it should be your discretionary income so you can hold for long without it affecting your financial status, so work hard fine something doing don't remain in your poor state when you find something doing then start your Bitcoin investment using your Discretionary income with your patience and consistency the sky will be your limit.
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Agbamoni
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April 01, 2025, 04:22:45 PM |
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people's mentality is the reason why they have not yet started investing in bitcoin, so they prefer to trade than invest in bitcoin, because they believe that bitcoin has nothing more to offer in return, because they believe that they late to invest in bitcoin, which absolutely wrong way to think of bitcoin, as far as bitcoin still remain a store value it still has more to offer to people who buy and hold for al long term, and secondly no time is too late to invest in bitcoin, just buy and hold for that Is the most profitable way to approach and not by trading.
No one is late to invest in Bitcoin, that's the worst mentality to come up with. Everyone deserves to invest in Bitcoin whatever time he/she has generate appropriate funds for investment. It is wrong to always focus on the price you buy, even a random price bought for can give good return when held for a long time. Bitcoin is projected in a way that the longer you hold, the better the profits, you don't invest with mentality to quick earn from Bitcoin, it's always of pattern of buying lower and hold, or buy through DCA which the actual buying price don't matters and hold for a longer period to get the best profits.
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Btcdeybodi
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April 01, 2025, 04:25:58 PM |
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Sometimes the problem with investors not investing in bitcoin because they missed out the previous years when bitcoin was a lot cheaper is actually the the absolute reason why most people don't go into the market. I spoke to a trader who happens to be a friend and after our long discussion he talked about forex and later switched to crypto trading, at the end he asked me what crypto I'm I Interested in for the next alt season, and I said non because I'll be focused on bitcoin only and criticized bitcoin of not going to be profitable anymore nor will I get to see any 2x in the coming bullish season, then I told him I wasn't interested in short term market trade but would hold for probably a decade. So from our discussion I got to find out that most person are avoiding bitcoin because it is not as volatile as shitcoins within a small duration of time. Well that's correct amd but not logically sound because they are comparing a long term project to a short term rug project which have lead several persons to an addictive state of chasing losses after being rugged.
If not for greed, while would anyone choose a coin that is highly volatile over bitcoin that is less volatile and has the ability to grow your investment in the long run with lower risks of losing your money. Your story also made me remember a forex trader who always talks about how he has been profitable in his trading but after one big loss he got, he became cold and doesn't talk much about trading anymore and i got to find out that he doesn't develop much time for trading as he used to do before. If people don't fall victim of investing in shitcoins and lose their money, they won't stop investing and trading with them. The fear of long term investment is only another thing that makes some people to choose shitcoins over bitcoins without knowing that it is better to build your portfolio gradually than risking your hard earn money just within a short period of time. You see a trader boasting of making more than a thousand dollars this week, next week he starts crying of where to get funds to recover his loses, it is worth venturing into? Hell no 
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Miramax12
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April 01, 2025, 04:41:56 PM |
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I agree that hardly anything need to be known from the start, except knowing whether or not you have any discretionary in which you can get started. The rest can be learned along the way and the bitcoin accumulation (buying) approach can become more aggressive with the learning of the things that you mentioned above.. and sure there can be a lot to learn with bitcoin, but not too much is needed to be known or suspected about bitcoin in the very beginning beyond some kind of suspicion (or hunch) that number tends to go up...even though it might not go up in the short term.
Yeah sure. It really doesn’t require being an expert or a pro investor to get started with Bitcoin. All one needs is to have some discretionary income to invest and to really believe in the potential of Bitcoin and that it’ll definitely continue in and uptrend over time, because some people fail to invest in Bitcoin, not because they do not have enough money or discretionary income to invest, but because they have a pessimistic attitude towards Bitcoin and they feel like Bitcoin has already done enough and can do pretty much again. As long as you truly believe in Bitcoin and you’ve got some discretionary income, they rest, as they say, is simply just details, because as you advance, you can get to learn about the market trends, Bitcoin’s Tech and other investment strategies that’ll align with your investment goals. It’s all about being bold enough to take that first step, applying patience and completely trusting the process. It’s possible that the price movement at first might be sluggish and may not skyrocket immediately as every investor would anticipate, but having a long term outlook and perspective of Bitcoin will surely help you eliminate the impacts of the market short term volatility. It brings us back to position size and DCA, again. Even with pessimistic folks, it is likely better to get off zero and to take a modest position size rather than staying a no coiner, and that has been the message for the past 10 years and is likely going to continue to be the message to those who continue to believe themselves to be too late, but are not doing anything to help their perceptions of being late by continuing to fail/refuse to take actions to get off zero. I agree with you, even though one thinks he's late or has no much to gain from Bitcoin, as long as he has discretionary income present, instead of having decision fatiques, he may likely want to start off first DCAing with little amounts no matter how small and possibly he'll find his conviction to increase his aggressiveness going forward and grow out from being a wimpy or a no investor. We get nothing from doing nothing, especially in Bitcoin, you must take action to get off your no-coiner mode and get on your Bitcoin accumulation journey The deadluck is rooted in being idle and doing nothing about your empty Bitcoin portfolio. You waste a lot of time, time you should've started off to gradually accumulate Bitcoin for yourself and if you're actionable, in the near future you still see you were much early compared to the one who remained a spectator over the years and killed his chances of getting some Bitcoin for himself and securing his financial future Sometimes the problem with investors not investing in bitcoin because they missed out the previous years when bitcoin was a lot cheaper is actually the the absolute reason why most people don't go into the market. I spoke to a trader who happens to be a friend and after our long discussion he talked about forex and later switched to crypto trading, at the end he asked me what crypto I'm I Interested in for the next alt season, and I said non because I'll be focused on bitcoin only and criticized bitcoin of not going to be profitable anymore nor will I get to see any 2x in the coming bullish season, then I told him I wasn't interested in short term market trade but would hold for probably a decade. So from our discussion I got to find out that most person are avoiding bitcoin because it is not as volatile as shitcoins within a small duration of time. Well that's correct amd but not logically sound because they are comparing a long term project to a short term rug project which have lead several persons to an addictive state of chasing losses after being rugged. Individual mentality and perspective differs, he just started his fact and his mentality on what Bitcoin will look like or is for him but one thing is you don't force people to change or believe what is right rather you only tell them and then it is there choice to chose between what is been said and what they have in mind. Saying Bitcoin can not do 2x of it current price is absolutely wrong and not true and this mentality is why some people did not invested earlier when Bitcoin come into existence, most persons see it as a scam some people say it won't go anywhere etc but today Bitcoin is more than 10x it initial price, I hope and I know Bitcoin will still surpass this level. The reason why people are afraid of investing in long run Bitcoin is the risk ahead of years Bitcoin is cheaper can last for a while but the best is to invest in numbers but I don't see any risk in investing Bitcoin
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len01
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April 01, 2025, 04:47:11 PM |
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people's mentality is the reason why they have not yet started investing in bitcoin, so they prefer to trade than invest in bitcoin, because they believe that bitcoin has nothing more to offer in return, because they believe that they late to invest in bitcoin, which absolutely wrong way to think of bitcoin, as far as bitcoin still remain a store value it still has more to offer to people who buy and hold for al long term, and secondly no time is too late to invest in bitcoin, just buy and hold for that Is the most profitable way to approach and not by trading.
Such people just don't want to learn. It's not that they don't want to learn, but they don't know anyone who can explain how Bitcoin has been going so far. I mean, if there is someone understands bitcoin and provides education to the community, I am sure they have a great interest in saving in bitcoin. So until now, some lay people are still afraid to start buying bitcoin and making them long term assets. Well, from here we can see that it's not all about everyone having to learn about bitcoin, but they may really not know how bitcoin works. With that I realize that we as someone who knows more about bitcoin, we should slowly introduce it to some of our closest people to provide lessons related to the journey of bitcoin so far. I am sure that if someone is hesitant to invest in bitcoin, after hearing how BTC has gone, they will start to know and have the mentality to buy and hold for the long term.
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Joy- maker
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THE ONLY EASY DAY WAS YESTERDAY.
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April 01, 2025, 05:27:36 PM |
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people's mentality is the reason why they have not yet started investing in bitcoin, so they prefer to trade than invest in bitcoin, because they believe that bitcoin has nothing more to offer in return, because they believe that they late to invest in bitcoin, which absolutely wrong way to think of bitcoin, as far as bitcoin still remain a store value it still has more to offer to people who buy and hold for al long term, and secondly no time is too late to invest in bitcoin, just buy and hold for that Is the most profitable way to approach and not by trading.
Such people just don't want to learn. They want profit here and now. Which BTC cannot provide in such a way. yeah they don't want to learn, and they ignorant too, because if they are not ignorant I believe they will do further research about bitcoin to see and acknowledge what bitcoin has don in the past years. And to be frank here anyone who is not investing in bitcoin is really miss out, because bitcoin has proven itself to be a store value with potential returns and it's not too late to invest in bitcoin.
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Pi-network314159
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April 01, 2025, 05:28:45 PM |
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So from our discussion I got to find out that most person are avoiding bitcoin because it is not as volatile as shitcoins within a small duration of time. Well that's correct amd but not logically sound because they are comparing a long term project to a short term rug project which have lead several persons to an addictive state of chasing losses after being rugged.
They have this belief that one of their buys will possibly do a 100x one day and help them get rich quick, without them knowing that this amount wasted on this shitcoins can be used for a very good start of bitcoin investment. i agree with you, most guys has wallow in lost by stacking tons of different shitcoin in their wallet and hoping to get a chance of one out of all to boom, without knowing that they have just wasted the amount that could have been used to invest in bitcoin for a start. that is the act of ignorant because i was once a victim, i really know the amount i lost and will never advice anyone to try it again. Many today are into cryptocurrency just to get rich quick that’s why we see many still losing money to pump and dump coins. Yes bitcoin cannot guarantee anyone 10x over a short period of time, but bitcoin is the safest investment where like 2x is almost assured every four years not just in cryptocurrency space but on any digital asset space Bitcoin has proven that every four cycle can be a turning point.
there is no guarantee that bitcoin will hit 2x every circle, that is why when we think of investing in bitcoin, we should hope to see a significant figure from 2 - 5 circle, that is 8 -20 years. by then there will be hope of having an increase in your bitcoin portfolio, depending on the amount of bitcoin you have stacked for this period of time.
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JayJuanGee
Legendary
Online
Activity: 4200
Merit: 12910
Self-Custody is a right. Say no to "non-custodial"
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April 01, 2025, 09:10:58 PM |
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[edited out]
Individual mentality and perspective differs, he just started his fact and his mentality on what Bitcoin will look like or is for him but one thing is you don't force people to change or believe what is right rather you only tell them and then it is there choice to chose between what is been said and what they have in mind. Saying Bitcoin can not do 2x of it current price is absolutely wrong and not true and this mentality is why some people did not invested earlier when Bitcoin come into existence, most persons see it as a scam some people say it won't go anywhere etc but today Bitcoin is more than 10x it initial price, I hope and I know Bitcoin will still surpass this level. Sure bitcoin can continue to go up from here in this season, and it could go anywhere from merely reaching our current ATH or it could go another 5x to 10x or more for this cycle. At the same time there are no guarantees that we will have such levels of a bullrun for this cycle or even for the next cycle, yet part of the reason that many of us stock up on bitcoin is because those kinds of runs continue to have decent odds of playing out .. .so we can choose our BTC allocation size in order to be in a place to potentially benefit from such price runs if they were to take place... whether this cycle or further down the road. Of course, another thing is trying to stock up on bitcoin earlier rather than later, and each of us need to figured out how much we can stack up in 4-10 years or longer, since we anticipate that bitcoin is going to continue to be a good asset to have and to continue to buy, even though we may well not need to buy more of it, if we can stack up earlier rather than later...so in that regard, considering, 2x, 5x, 10x, 50x and even 100x from here is not unreasonable even though surely the higher the number the longer it may well take to play out.. and also the higher the number the longer it may take to be able to both get there and also to become sustainable at those higher rates.
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1) Self-Custody is a right. Resist being labelled as: "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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