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Author Topic: We should be looking only at the brighter side  (Read 1145 times)
kotajikikox
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March 23, 2024, 12:56:10 PM
 #21

Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing,  their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers,  but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
If this is me back in 2017 I may be more than richer mate and that Mindset will surely brings me to success , but sadly I am not and yes i did not hold it strongly and most sadly when the pandemic happens that I need to release my coins .
its lucky that many new enters now has bigger Idea to what is bitcoin and its capacity to bring in its investors.

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March 23, 2024, 01:02:33 PM
 #22

If you don't want to look at the negative side of investing in bitcoin, but only the positive side, you might end up not without success in your bitcoin goal. It is a norms as an investor not to FOMO or get carried away with little price fluctuations,so that you don't get distracted from your focus on a long term goal.

However, on your investment journey, you must think of the risk attached to bitcoin investment, so that you can have an insight of how to overcome it, and become successful in your bitcoin journey. Anybody that is investing without think of the risk attached to it, will fail in that investment. So we should consider the other side of bitcoin and not only the bright side, to help us know how much to put in, and how to make sure our investments are safe.
I think we don't need to run away or hide from them but instead face them and be ready to confront them, only then can we be resilient in overcoming the challenges in our journey to holding bitcoin. In my opinion, if we do not dare to look at the negative side but only look at the positive side, we are afraid and in the long run it will not be good. Because holding bitcoin lasts for many years, it is difficult to avoid negativity forever and instead confront and consume it.

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March 23, 2024, 01:38:42 PM
 #23

Cryptocurrency is not as easy as it seems, it comes with a whole lot of stress and work, we just have to continue doing what we think is right for every single one of us. Bitcoin holders will try their best to ensure things goes smoothly on their ends, none of us wouldn't appreciate ourselves with good entries on bitcoin especially when we're giving the golden opportunities to do so. We should be looking at the brighter side because it comes with a whole lot of sacrifice and there's definitely no going back when one already spotted a bold moves in the system.

Seriously to me it is not complicated, if only you want to make it less complicated yourself. The whole idea around it and I mean bitcoin is to make money things easy for every one. Instead of just been an electronic P2P, many saw the opportunity to generate ROI from it over a long term holding. This is where many people have complicated it, you don’t need to invest all your funds in it and expecting a pump. The best way is to invest what can actually afford, secure it in a good wallet and allow it to run and nothing more.

If this is me back in 2017 I may be more than richer mate and that Mindset will surely brings me to success , but sadly I am not and yes i did not hold it strongly and most sadly when the pandemic happens that I need to release my coins .
its lucky that many new enters now has bigger Idea to what is bitcoin and its capacity to bring in its investors.


I don’t know when you sold but I will say there was nothing wrong in you selling then, even a little profit taken is still more realistic than unrealized profit. You might have your financial problems then and needed to sell to make your life comfortable and that to me was the best decision if it was it.

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March 23, 2024, 02:08:02 PM
 #24

Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing,  their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers,  but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
When you become a calmer and more experienced person in investing, these problems will no longer arise. Focused and experienced investors will only act according to the plans that have been made. Panic situations due to news on social media, expensive costs, or very busy networks are normal for people who are still beginners in investing. Panic like that doesn't need to be treated too negatively. maybe we all felt the same panic in the past. and now those who are more experienced will be wise in managing the investments they make.

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March 23, 2024, 03:15:28 PM
 #25

E de important to de look and consider every aspect of investment wey we de into, weda negative or positive, and if di investment de valuable like Bitcoin, den we go focus on the positive side, because e de greater dan di negative side. Anybody wey wan enter Bitcoin investment for di purpose of long term hodling must get a steady source of income because no matter your knowledge of di advantages of Bitcoin hodling, hunger go make you change your mind and sale without hesitation.  So di morale talk na for people wey de meet up with dem primary basic needs, so make dem no go sale Bitcoin to take solve secondary needs wey dem fit to forgo.

I don't think you should be using your local language in a general board like this, it would be better you use a language everyone can understand and learn from what you have to say.

If you don't want to look at the negative side of investing in bitcoin, but only the positive side, you might end up not without success in your bitcoin goal. It is a norms as an investor not to FOMO or get carried away with little price fluctuations,so that you don't get distracted from your focus on a long term goal.

However, on your investment journey, you must think of the risk attached to bitcoin investment, so that you can have an insight of how to overcome it, and become successful in your bitcoin journey. Anybody that is investing without think of the risk attached to it, will fail in that investment. So we should consider the other side of bitcoin and not only the bright side, to help us know how much to put in, and how to make sure our investments are safe.

Yeah it's good to be optimistic about your investment but that's not even the reason why people sell of so easily , the reason for that is ignorance or they dont have a personal conviction about bitcoin.

The bear market is not a hard time for everyone as some views it as a bad time to invest or think bitcoin isn't doing well others are buying, bull dont make you rich, the bear does and thats what mist investors fail to see.

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March 23, 2024, 03:51:25 PM
 #26

As investors, we should be prepared for all the risks that we can face in an investment that we choose in this field of Bitcoin or cryptocurrency. Others think it's easy to invest, given the fact that it's easy, but if you make the wrong investment, it's also easy to lose the capital investment we'll use for the crypto we want to have.

Besides, all cryptos or bitcoins have their pros and cons, so the final decision is always up to us and not to other investors, right? When we buy it, we should also know that it has a risk that we can face while we hold the assets that we have.



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March 23, 2024, 05:01:02 PM
 #27

~
To summarize what you said OP, whatever happens, just continue holding for long-term. Cheesy
Don't think about the negatives of it, but look at the larger picture. Look at how Bitcoin moved in the past 15 years, and you will see that the price is going upwards.

Whatever happens, just hold your Bitcoin. Whatever happens, don't follow what most of the investors are doing. Be emotionless, and don't do what newbies are doing. Think of long-term when investing into Bitcoin, and forget about the negatives of it. I've been a Bitcoin holder for quite some time, and I must say that it had some problems as well like the ridiculous high transaction fees caused by those ordinals sh*t, but I don't care because I'm not affected at all. I only think of long-term like what most are doing, and I just believe that in the long run, Bitcoin will give me profits rather than losses.

Well, there are problems that we encountered in the past, and more in the future, but one thing is for sure. Bitcoin in the long run will give us profits. Just be patient. Smiley

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March 23, 2024, 05:32:13 PM
 #28

As investors, we should be prepared for all the risks that we can face in an investment that we choose in this field of Bitcoin or cryptocurrency. Others think it's easy to invest, given the fact that it's easy, but if you make the wrong investment, it's also easy to lose the capital investment we'll use for the crypto we want to have.

Besides, all cryptos or bitcoins have their pros and cons, so the final decision is always up to us and not to other investors, right? When we buy it, we should also know that it has a risk that we can face while we hold the assets that we have.
If we are ready for all the risks we will face in investing, of course we will be able to make the right decisions and will be able to generate profits from the investments we make. For some people who think it is easy to invest in crypto, of course they already understand the strategy well. which they will use for this investment and can generate profits and for those who don't understand this investment well, it would be better for them to study it well first so that they don't make mistakes when carrying out their investments.

I agree with what you say, that the decision to invest is in our hands and not with other investors because when we follow other people's advice in the investments we make and experience losses of course this will be a very detrimental thing and it would be better for us to decide to make your own analysis of the market and make your own decisions in investing.

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March 23, 2024, 06:09:40 PM
 #29

Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing,  their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers,  but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
Nothing that existed doesn't have its ups and downs, even life itself has its ups and downs, not think of bitcoin which was created by human beings that nobody has control over won't have its up-downs down.

However every up and down comes to test the strength and capacity of a given product to know the level of its durability. And bitcoin has proven to withstand and grow strong despite all if only the investor would be patient and learn how to hodl through the bearish to the bull market.

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March 23, 2024, 06:17:36 PM
 #30

Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing,  their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers,  but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
You can't always hope for a light at the end of the tunnel without considering something like a change of plan midway - unless you already have an emergency budget that can keep you safe if needed without disrupting your long-term plans for bitcoin investment. The problem is that not everyone is exactly like that - sometimes changes in plans they have to take for one reason or another. It's true - holding for the long term is a good thing, but not all investors can do it.

If you want to be a long-term holder - know, you must have an emergency budget. Even if it's not much - but in many cases, having an emergency budget can give you a better option than changing your investment plans that you don't fully want.

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March 23, 2024, 06:22:26 PM
 #31

look only at the brighter side of it,
Considering what you stand to benefit from holding can be a motivating reason to keep holding. One positive thought about Bitcoin can save you a holder for making a bad decision that you will later get to regret because there will always be the temptation to sell. Some of this temptation will be for good reasons too, not all will be for bad reasons.
The negative happenings about bitcoins should not be ignored totally also because you are only trying to stay positive, they should be known but not dwelt on.

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March 23, 2024, 09:12:22 PM
 #32

E de important to de look and consider every aspect of investment wey we de into, weda negative or positive, and if di investment de valuable like Bitcoin, den we go focus on the positive side, because e de greater dan di negative side. Anybody wey wan enter Bitcoin investment for di purpose of long term hodling must get a steady source of income because no matter your knowledge of di advantages of Bitcoin hodling, hunger go make you change your mind and sale without hesitation.  So di morale talk na for people wey de meet up with dem primary basic needs, so make dem no go sale Bitcoin to take solve secondary needs wey dem fit to forgo.

I don't think you should be using your local language in a general board like this, it would be better you use a language everyone can understand and learn from what you have to say.

If you don't want to look at the negative side of investing in bitcoin, but only the positive side, you might end up not without success in your bitcoin goal. It is a norms as an investor not to FOMO or get carried away with little price fluctuations,so that you don't get distracted from your focus on a long term goal.

However, on your investment journey, you must think of the risk attached to bitcoin investment, so that you can have an insight of how to overcome it, and become successful in your bitcoin journey. Anybody that is investing without think of the risk attached to it, will fail in that investment. So we should consider the other side of bitcoin and not only the bright side, to help us know how much to put in, and how to make sure our investments are safe.

Yeah it's good to be optimistic about your investment but that's not even the reason why people sell of so easily , the reason for that is ignorance or they dont have a personal conviction about bitcoin.

The bear market is not a hard time for everyone as some views it as a bad time to invest or think bitcoin isn't doing well others are buying, bull dont make you rich, the bear does and thats what mist investors fail to see.

Thanks for your observation, my sincere apology, it was a mistake, I was surprised when I saw the content of your post that quoted me. In the OP is a Nigerian and we both
post in our local board, I guess I was carried away thinking that we were in our local board and started writing in pidgin English, if you check the beginning of the thread, I
was the first to make comment.

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March 23, 2024, 09:58:24 PM
 #33

I hope I had this mindset several years ago. I wish I was able to just HODL it because it's really everything that I would've wanted, but sadly, no. It's really saddening to experience that but that's just life. It happens and you need to be aware of how you are going to proceed with your decision, especially in the cryptocurrency market. It's not easy. As long as you believe now and continue to do what you are ought to believe, then you shouldn't feel any pressure.
We may don’t have this ideal mindset back when we are starting but at least we already learned from our wrong decision making and will never do it again. However, selling some of your hard-earned coins is not that bad, the only way it gets bad is that if you sell everything your coins at a loss price because of panic selling. But as you’ve said, this is life. If we can’t beat the pressure and losses, then we’ll only end up losing at all, but if we will take this as a challenge and continue to motivate ourselves that there’s always light at the end of the tunnel, I think we won’t never end up in a wrong turn.

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March 23, 2024, 10:25:03 PM
 #34

If this is me back in 2017 I may be more than richer mate and that Mindset will surely brings me to success , but sadly I am not and yes i did not hold it strongly and most sadly when the pandemic happens that I need to release my coins .
That's okay mate, you have to use those Bitcoins for something important and I know that there's kind of regret because you have to spend it. But think of it, if it's not for Bitcoin, what might have happened on that situation where you need money?

its lucky that many new enters now has bigger Idea to what is bitcoin and its capacity to bring in its investors.
This is true, many have a lot of guides on how they should perceive this bull run and the upcoming bear market soon. But this time, everyone who's got in on the bull run is totally lucky at all.

The timing is perfect and most likely, they're going to see majority of the cryptocurrencies to be moving that up. And after that, all they need to prepare is on how they're going to make their emotions ready after the bull's done.

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March 23, 2024, 11:43:36 PM
 #35

Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing,  their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers,  but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
If this is me back in 2017 I may be more than richer mate and that Mindset will surely brings me to success , but sadly I am not and yes i did not hold it strongly and most sadly when the pandemic happens that I need to release my coins .
its lucky that many new enters now has bigger Idea to what is bitcoin and its capacity to bring in its investors.

Well its normal, I think many more holders or investors of bitcoin did this, they sell all of their assets just because it reach a higher price or the price dip, well they are the one's thay didn't solely believed in bitcoin, I enter in bitcoin late, meaning in the year 2020, but from that I still have my holdings back then, I still hold the assets that I brought that year, even I experienced a great movement in bitcoin or bull runs, I only sell some or a portion of my holdings because that's what I only need, and I believed that bitcoin could go more higher and I'm right because this year 2024 bitcoin proved that his is the most influencial and powerful currency right now. So I don't think it is right to blame yourself right now, because you still could start holding again as investing in bitcoin was never too late.

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March 23, 2024, 11:57:52 PM
 #36

Well its normal, I think many more holders or investors of bitcoin did this, they sell all of their assets just because it reach a higher price or the price dip, well they are the one's thay didn't solely believed in bitcoin, I enter in bitcoin late, meaning in the year 2020, but from that I still have my holdings back then, I still hold the assets that I brought that year, even I experienced a great movement in bitcoin or bull runs, I only sell some or a portion of my holdings because that's what I only need, and I believed that bitcoin could go more higher and I'm right because this year 2024 bitcoin proved that his is the most influencial and powerful currency right now. So I don't think it is right to blame yourself right now, because you still could start holding again as investing in bitcoin was never too late.

That's the mentality here, it is never too late to go into this market. So long you know what you are going into and the possible worst case scenarios that may happen to your funds. This is why you need contingency plans for your funds so as not to regret about your financial decisions towards this market. You can't expect that you will always achieve the target that you want here. Sometimes, it will go sideways without prior warning.

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March 23, 2024, 11:58:04 PM
 #37

Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing,  their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers,  but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
And don't also forget to plan on how to work towards it, because Bitcoin journey is not just a straight jouyit comes with series of temptations which can lead to not fulfilling the soul propose of investment. Each individual must program himself before that dream will be achieved. Not only in eating but planing on how to invest that wouldn't affect you or your Bitcoin holdings. Find something doing that will be yeilding you money. always DCA weekly according to your earnings like investing %20 of your salary on bitcoin then set aside %20 for emergency and %60 for reserved fund.
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March 24, 2024, 03:13:10 AM
 #38

I invested in Bitcoin believing that this would give me some fortune. Of course, sometimes I'm thinking about the risk and the possible losses but I'd never let such thinking influence how I looked into Bitcoin. I remain strong despite the dip and long bear season as I know it will recover.

If we could really afford to fight back our negative feelings and worries, that would end in panic selling and losses. That is why before investing trust should already be in our mind, doubts couldn't give us strength but weaknesses.



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March 24, 2024, 03:48:57 AM
 #39

We should never let FUD affect our decisions.
A lot of people have experienced FUD and ended up selling their
coins. Just imagine what those people feel right now.

Regret and shame would be the primary emotions. But even if
you are someone who have lost due to impulsive decisions, you should
always look ahead and check how you can get back on your feet









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Patrol69
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March 24, 2024, 04:16:03 PM
 #40

You are investing and at the end of a certain period you have earned enough profit by investing and because of earning enough profit you are selling your investment in this case those who will know about your profit will only think that you have earned a lot of profit by investing. But they will never try to know how much challenge you have to take to stay this long. After an investor holds the investment for a long time only investors can know how much challenge they take up in the next period. After accepting so many challenges investors keep their investment for some profit and when the investor achieves the desired profit but they forget all the pains or all the sorrows of the past they are satisfied with their investment profit and plan to invest again later. This should be done because bad times have passed in the past if we dwell on those bad times but we cannot move forward.
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