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Author Topic: We should be looking only at the brighter side  (Read 1146 times)
Adams0001
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April 03, 2024, 10:59:51 AM
 #81

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🍷🥂🥂

No investment comes with risk free. Every business has it's own risk and crypto isn't an exception here. Anyone looking at the risk in business can never become an investor. One just need to learn how to minimize the risk in any business one is planning to do. That is why is important to learn about crypto before investing in it. This will help you to manage your risk.

Any investment or business you know is bound to be risky,  he simply wants you to grasp everything about the investment you are attempting to make so that you do not lose money. Many people who sell their coins do so for one of two reasons. they have financial problems and don't know what else to do, so they need to sell the coin to solve their problems, or they are afraid of losing their money because they see the market increasing and decreasing and believe that if they leave it, it will drop and they will lose their money. Anyone who knows about crypto investment knows that the best thing you can do to be profitable is to invest for a long time.

That is why I didn't pay much attention to trading because I believed in investing more than trading. Because I regard trading as a very high risk, and you must thoroughly understand the market before you can begin trading in order to be lucrative, and you cannot guarantee a profit when you start. However, whenever you invest in cryptocurrency, such as bitcoin, you can be certain that you will profit when you hold the coin for a long period. That is why I choose to invest over trading, which is a better saver for me. And if I made a profit, I used to sell it because I didn't want to be greedy, because that what is affecting some investors they leave there profit even they reach there targets they will be saying the price will still increase for them and they will try and leave it an and probably the coin will definitely drop down and lose the profit and even touch there capital.

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April 03, 2024, 12:30:38 PM
 #82

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🍷🥂🥂

I wouldn't blame those selling due to financial pressure. I think comparing that with other reasons for selling like negativity towards Bitcoin coming from others or your disbelief if its future is wrong. Being very optimistic about Bitcoin's future I myself was selling it many times in the past at pretty low price exactly because of the financial pressure at the moment.

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April 03, 2024, 02:26:52 PM
 #83

It makes us positive and not to worry about the future if we act that way because the only depressed investors are those who didn't follow the rules before investing which is acquiring enough knowledge before buying bitcoins and using only the capital they can afford to lose. As for those who were used to investing no matter what the situation of bitcoin price in the crypto market is, they are always positive even at the time when the bitcoin price was about to hit less than $10k last time, it didn't budge while most newbies investors get panicked and ended up making bad decisions which they regret nowadays because they can see the price has greatly increased from last time.
Real investors don't just look at the current situation but they are considering the great opportunity in the future. So while these kinds of investors are busy buying more Bitcoin, weak investors are also busy selling off their BTC during the bear season. Perhaps, the situation seems normal in the way that not all investors are willing to take more risks rather than choosing to have an easy life.

It was not just newbies but this is for everyone --the more we think positively, the more it generates positive results. But for those who already think negatively, the more it drags them to terrible losses and sad endings.

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MarjorieZimmermanGinger
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April 03, 2024, 04:09:49 PM
 #84

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
It will be normal for people to come to investment and they generally hope that it will be a solution to improve their finances. Some people fail to understand that bitcoin is run based on the value of the power it has and bitcoin is a source of light that can fight darkness if people know how to take that light and place it. If you don't learn from the past, maybe now people won't be so confident in bitcoin, but history shows how the power of bitcoin always increases sharply in the process of its journey.

If we are one of the people who believe in bitcoin then look at the good side and how we can make a profit while in bitcoin. Meanwhile, the negative value that people often create is not a big problem because I have seen how strong Bitcoin is in surviving in the market. What we need to do is how to collect bitcoins regularly and wait for the moment of sale to get maximum profit from the investment.

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April 03, 2024, 08:35:09 PM
 #85

It makes us positive and not to worry about the future if we act that way because the only depressed investors are those who didn't follow the rules before investing which is acquiring enough knowledge before buying bitcoins and using only the capital they can afford to lose. As for those who were used to investing no matter what the situation of bitcoin price in the crypto market is, they are always positive even at the time when the bitcoin price was about to hit less than $10k last time, it didn't budge while most newbies investors get panicked and ended up making bad decisions which they regret nowadays because they can see the price has greatly increased from last time.
Real investors don't just look at the current situation but they are considering the great opportunity in the future. So while these kinds of investors are busy buying more Bitcoin, weak investors are also busy selling off their BTC during the bear season. Perhaps, the situation seems normal in the way that not all investors are willing to take more risks rather than choosing to have an easy life.

It was not just newbies but this is for everyone --the more we think positively, the more it generates positive results. But for those who already think negatively, the more it drags them to terrible losses and sad endings.

Yes for those with a positive outlook and an eye on the long term what happens yesterday,
today or tomorrow doesnt matter. And as the OP states for long term HODL'ers transaction
fees, network congestion doesnt really affect us as much.

With a bit of experience about how Bitcoin works, its 4 year cycle and what is contained
in that in relation to the markets, how FUD and FOMO happen its much easier to be positive.

The day to day market shifts dont affect the Bitcoin stored safely on your hardware wallet,
thats peace of mind and adds to the positivity.

R


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April 03, 2024, 08:56:47 PM
 #86

I wouldn't blame those selling due to financial pressure. I think comparing that with other reasons for selling like negativity towards Bitcoin coming from others or your disbelief if its future is wrong. Being very optimistic about Bitcoin's future I myself was selling it many times in the past at pretty low price exactly because of the financial pressure at the moment.

I believe a person should never invest money in Bitcoin or cryptocurrencies that are not spare which means that one should only invest money in Bitcoin or cryptocurrencies if they know they can afford to do that without having any financial implications after doing that. Your savings and investment funds should be separate so that you don't invest your savings in Bitcoin and then be under financial pressure when you face an emergency in your life.

It's a mistake that a lot of people do and I never like it. I know that most people invest in cryptocurrencies because they want financial freedom in their lives and they believe it can be achieved through cryptocurrencies, it's true, it has the potential to get that done, but it doesn't mean you should risk your life-savings in it.

The market is volatile and that's why unpredictable. If you are investing money that you have been saving up for emergencies, and then the market goes down and unfortunately, you face a situation where you need that money. You would get a lower amount if you withdraw it at that moment which makes you lose money.

So, only money that one can afford to hold for as long as required should be invested in cryptocurrencies, in my opinion.

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April 03, 2024, 09:53:05 PM
 #87

The good thing now is that the network has calmed down and the fees aren't that much though. But each sats also increases its value based on dollars when the price of Bitcoin increases. That's what we have to understand and we have to embrace that for us to get ready for any possible skyrocketing that it does in the nearest future. We shouldn't be surprised if 1 sat becomes a lot in dollars and we find amount kind of that much when we'll pay that fee. But don't get it wrong, you see that the price of Bitcoin goes up and so does the fees in terms of sats when we look at the value of it in the dollar's value. The brighter side here, someday it might happen that 1 sat can be $0.5 - $1 but again, looking at the fees now, they're starting to get up again and the priority goes as $2 this time. But yesterday, they're too cheap and was ideal to make transactions but I won't lose my hope that we're going to see someday that transaction fees will be back to 1 sat/vB.

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April 03, 2024, 10:41:48 PM
 #88

A lot would have wished that they’ve HODL bitcoin for a long time before now, checking bark to see how it was very cheap years ago. The same people will also feel that buying and keeping for a long term from now will also not make them achieve enough from their investment in bitcoin. After that feeling, then several years later, they will still be regretting why they hadn’t hold on to it from now and wait for it to grow till that time. As humans, we most times lacks patience and always in haste to become or achieve what we set out to be in the future. If you have the mindset of the brighter side of bitcoin, you would be persuaded enough to keep and HOLD for the long term.

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freedomgo
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April 03, 2024, 10:49:53 PM
 #89

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🍷🥂🥂

I wouldn't blame those selling due to financial pressure. I think comparing that with other reasons for selling like negativity towards Bitcoin coming from others or your disbelief if its future is wrong. Being very optimistic about Bitcoin's future I myself was selling it many times in the past at pretty low price exactly because of the financial pressure at the moment.
Financial pressures is certainly common for everyone, and if we decide selling at that times, then at least our investment has probably serve its purpose. Remember that we are not just investing merely to buy and hold, we also buy bitcoin at it cheap price so we can sell it quite a decent amount when financial pressures suddenly strikes. Hence, it can also serve as our emergency funds, that we can get something out from it in times of money troubles.

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.
 MΞTAWIN  THE FIRST WEB3 CASINO   
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Betwrong
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April 10, 2024, 09:17:08 AM
 #90

~
Financial pressures is certainly common for everyone, and if we decide selling at that times, then at least our investment has probably serve its purpose. Remember that we are not just investing merely to buy and hold, we also buy bitcoin at it cheap price so we can sell it quite a decent amount when financial pressures suddenly strikes. Hence, it can also serve as our emergency funds, that we can get something out from it in times of money troubles.

Right, but sometimes we know that it will rise much more in the future, and we sell anyway because we need the money right now. And there are times when we sell at the price 2-3 times lower than it used to be, but due to financial pressures we have no option but sell. That's how it is with Bitcoin. Those who are not ready for such situations shouldn't enter the game.

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KiaKia
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April 10, 2024, 10:19:16 AM
 #91

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🍷🥂🥂

How about telling new holders to learn how to secure their holdings? You can't keep grinding hard to buy some portion of BTC every week only to end up losing it all to a scammer.

I think the right advice is for beginners to learn all the importance of becoming a successful Bitcoin holder first before they start to accumulate some Bitcoin.

It's not easy to be a holder and you dont want to end up losing everything to nobody, make sure you do the right thing to get the right outcomes.


.
SPIN

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ultrloa
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April 10, 2024, 10:31:08 AM
 #92

~
Financial pressures is certainly common for everyone, and if we decide selling at that times, then at least our investment has probably serve its purpose. Remember that we are not just investing merely to buy and hold, we also buy bitcoin at it cheap price so we can sell it quite a decent amount when financial pressures suddenly strikes. Hence, it can also serve as our emergency funds, that we can get something out from it in times of money troubles.

Right, but sometimes we know that it will rise much more in the future, and we sell anyway because we need the money right now. And there are times when we sell at the price 2-3 times lower than it used to be, but due to financial pressures we have no option but sell. That's how it is with Bitcoin. Those who are not ready for such situations shouldn't enter the game.

That's how important to have emergency funds so that they would have a safety net when emergency situation hit to them. So people should not think about putting all their money on their investment especially on bitcoin and have money save from somewhere safe so that if they plan to hold or either make their investment to gain more profit they can succeed with this even if they face financial challenges since they have funds to used without touching their investment.

People actually have a choice its just some of them just put all their money for thinking that they could earn more and they didn't anticipate those potential problems that they encounter that's why people fail and sell at loss.

R


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Plaguedeath
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April 10, 2024, 02:47:57 PM
 #93

How about telling new holders to learn how to secure their holdings? You can't keep grinding hard to buy some portion of BTC every week only to end up losing it all to a scammer.

I think the right advice is for beginners to learn all the importance of becoming a successful Bitcoin holder first before they start to accumulate some Bitcoin.

It's not easy to be a holder and you dont want to end up losing everything to nobody, make sure you do the right thing to get the right outcomes.
Because people don't care about basic security.

Just like how most people who bought a laptop or PC, don't mind to install pirated software, download anything they want, click any random links especially it's related to giveaway or airdrop etc.

That's why a newbie who start to buy Bitcoin will use CEX and hold the coins in there too.

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Natalim
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April 10, 2024, 09:32:02 PM
 #94

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🍷🥂🥂
We just learned how important to keep focus on what we are doing in order to succeed rather than get disturbed by the negativity and FUDs around us. A reason why a lot of Bitcoin holders lose their money is because they easily give up when a crisis comes. Their weaknesses influence their mindset turning it negative and it results in making wrong decisions. If we can't stand strong with our goal, this always happens to us again and again.
The successful holder is always positive and committed to their work rather than being weak and easily affected by the environment.

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April 10, 2024, 10:29:21 PM
 #95

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 you are not a DCA practitioner, I think the best thing to do is to look away from the price of Bitcoin, since you are not making any short term decisions on your Bitcoin holdings at that approach, only if you DCA that is when you may be interested in the short term speculations and pricing of Bitcoin and that way you may have to act in-between.
But certainly for sure long term holding is what gaurratee future profits because DCA comes with it own risk and worries.

.
.Duelbits.
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Sanitough
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April 10, 2024, 10:38:47 PM
 #96

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🍷🥂🥂

I wouldn't blame those selling due to financial pressure. I think comparing that with other reasons for selling like negativity towards Bitcoin coming from others or your disbelief if its future is wrong. Being very optimistic about Bitcoin's future I myself was selling it many times in the past at pretty low price exactly because of the financial pressure at the moment.
Well, those were inevitable. Hodling is probably the key to a huge success, but if present financial pressures are hitting us, I think selling regardless of the price is still viable. I have been into that situation and most likely, it’s actually harder not to sell. However, as much as possible, we should try to avoid situations like this and invest only on our spare money and leave some for our emergency funds so that we can hold peacefully our coins without being bothered to sell them at a lower price.
eightdots
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April 10, 2024, 10:58:40 PM
 #97

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🍷🥂🥂

I wouldn't blame those selling due to financial pressure. I think comparing that with other reasons for selling like negativity towards Bitcoin coming from others or your disbelief if its future is wrong. Being very optimistic about Bitcoin's future I myself was selling it many times in the past at pretty low price exactly because of the financial pressure at the moment.
Well, those were inevitable. Hodling is probably the key to a huge success, but if present financial pressures are hitting us, I think selling regardless of the price is still viable. I have been into that situation and most likely, it’s actually harder not to sell. However, as much as possible, we should try to avoid situations like this and invest only on our spare money and leave some for our emergency funds so that we can hold peacefully our coins without being bothered to sell them at a lower price.

What you say is true, some of the actions we took in the past were inevitable. Nobody wants to sell their investment early. People want to see their investment progress towards their goals, but sometimes circumstances don't work out the way we want. Every investment is a lesson learned and we can make better investments with the experience gained as a result of learning this lesson.

In order not to sell our investments, we need to allocate various resources and, in some cases, use these resources. Everyone's circumstances are different, their investment strategies are different, but there is a common point: No one wants to sell their investment below the price they bought it for.

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April 10, 2024, 11:56:59 PM
 #98

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🍷🥂🥂

Not every one can look at the bright side of Bitcoin this instance because some people did not know how to invest in Bitcoin in the right time but followed the advice of their friends and some from people that they meant online and bought Bitcoin with everything that they have but are regretting as Bitcoin is dipping and they are losing money that they did not expect to be losing. They thought that they will begin making profit after buying Bitcoin but they did not buy when Bitcoin was low. Some people are in debts because they took loan to invest in Bitcoin but are scared as Bitcoin price has been dipping. They thought since we're just days from Bitcoin having it's halving, they can make profits if they invest in Bitcoin with borrowed money but things are not going as planned. I know someone in this problem therefore it is hard for some people to look at the bright side.

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April 11, 2024, 12:56:48 PM
 #99

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🍷🥂🥂

Not every one can look at the bright side of Bitcoin this instance because some people did not know how to invest in Bitcoin in the right time but followed the advice of their friends and some from people that they meant online and bought Bitcoin with everything that they have but are regretting as Bitcoin is dipping and they are losing money that they did not expect to be losing. They thought that they will begin making profit after buying Bitcoin but they did not buy when Bitcoin was low. Some people are in debts because they took loan to invest in Bitcoin but are scared as Bitcoin price has been dipping. They thought since we're just days from Bitcoin having it's halving, they can make profits if they invest in Bitcoin with borrowed money but things are not going as planned. I know someone in this problem therefore it is hard for some people to look at the bright side.

No one was forced into investing in Bitcoin.  Everyone who invested in Bitcoin saw a bright side and a future in Bitcoin before investing.  The only mistake many who failed made is that they only paid attention to the bright side and failed to look closely at the dark side which carries all the risks. If one truly understands what he is really investing his money into, he will be fully prepared for whatever challenges that may arise. This is why many of them quickly withdrew their investments and left when they couldn't bear the risks. Bitcoin and other cryptocurrencies investment is not for the faint hearted, anyone who wishes to invest must be prepared for both the bright side of Bitcoin and the dark side of Bitcoin.  At the end, only those who persevere will enjoy the benefits.

bitzizzix
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April 11, 2024, 01:19:10 PM
 #100

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🍷🥂🥂

I wouldn't blame those selling due to financial pressure. I think comparing that with other reasons for selling like negativity towards Bitcoin coming from others or your disbelief if its future is wrong. Being very optimistic about Bitcoin's future I myself was selling it many times in the past at pretty low price exactly because of the financial pressure at the moment.
Well, those were inevitable. Hodling is probably the key to a huge success, but if present financial pressures are hitting us, I think selling regardless of the price is still viable. I have been into that situation and most likely, it’s actually harder not to sell. However, as much as possible, we should try to avoid situations like this and invest only on our spare money and leave some for our emergency funds so that we can hold peacefully our coins without being bothered to sell them at a lower price.
Of course in a situation like that it is very confusing if it is a very important need, and I have also experienced it and maybe many have experienced it. And they do it in their own way so as not to sell their investments, and maybe there are some people who do it because they are forced to or there is no other way. However, if you're making sales in a favorable situation, I don't think that's a problem.
However, all of this will be a lesson that having other resources or a side job to earn additional income is very important, with the aim that investments can run well and also have reserve funds if one day they are needed without having to sacrifice Bitcoin.

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