Ayers
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April 19, 2024, 08:22:19 AM |
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Nah fam, constantly looking for the silver lining in things doesn’t make you an optimist. It makes you a delusional.
This is what I am seeing, many people become too optimistic and gradually they start to become delusional giving misconceptions about bitcoin. Many people are too delusional to think that bitcoin is like God, it can solve all problems in the world such as eradicating poverty, reducing war, helping the world economy develop...Regarding investment, many people even think that investing in bitcoin is risk-free and bitcoin only increases and never decreases. These illusions will really endanger them if someone sells all their assets to invest in bitcoin. Everything has risks and we need to be realistic, then analyze and come up with a plan that suits us. If we only look at the positives and ignore the negatives, it will only expose us to more risks.
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Dave1
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April 19, 2024, 08:36:20 AM |
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Nah fam, constantly looking for the silver lining in things doesn’t make you an optimist. It makes you a delusional.
This is what I am seeing, many people become too optimistic and gradually they start to become delusional giving misconceptions about bitcoin. Many people are too delusional to think that bitcoin is like God, it can solve all problems in the world such as eradicating poverty, reducing war, helping the world economy develop...Regarding investment, many people even think that investing in bitcoin is risk-free and bitcoin only increases and never decreases. These illusions will really endanger them if someone sells all their assets to invest in bitcoin. Everything has risks and we need to be realistic, then analyze and come up with a plan that suits us. If we only look at the positives and ignore the negatives, it will only expose us to more risks. I guess it's better to be delusional sometimes, specially in a market as volatile as Bitcoin. Nevertheless, we've seen in the past what it can bring to our lives and maybe this is the same reason why people are having this illusion about Bitcoin. As for the risk, everything in life has risk, the thing with this market though is that it is really unpredictable that there are people who easily give up and there are some who become delusional but at the same time see the future of their investments, like getting big profits in the future. Specially in the current situation that we are about to enter the halving.
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CageMabok
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April 19, 2024, 09:16:18 AM |
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No matter what we invest in, we must invest with the risk that there must be risk. We all know bitcoin is risky if we want to employ bitcoin we must invest with risk. When it comes to Bitcoin investment we must acquire good knowledge about Bitcoin many times it is seen that we invest too hastily without knowing well about Bitcoin, we must acquire enough knowledge about Bitcoin before we invest. In the case of Bitcoin, if we can invest with a long-term plan and check the market, we will definitely succeed with Bitcoin.
Apart from knowledge about Bitcoin which has become important for every investor, in terms of investing, actually every investor only needs to use special money or in other words, cold money. So that investors will never find it difficult when they have to face risks through price corrections that occur in the market, because the goal is for long-term investment in Bitcoin. I don't think there is any need to be overly afraid if every investor has seen how Bitcoin's value develops in each cycle because for me Bitcoin is the only asset that does not disappoint when held for the long term. So you don't need to be too afraid of risk even though you have to understand it as your own initial knowledge in terms of investment.
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Popkon6
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April 19, 2024, 09:23:03 AM |
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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🍷🥂🥂
Bitcoin can only go higher by holding it for a long time, because the longer Bitcoin can be held, the more future benefits it will bring. But those who held bitcoins and sold them did not improve much, the ones who improved were those who still held bitcoins from the past and will continue to hold bitcoins for the future. Because it is best to hold bitcoins only to get to the top of success, there is still plenty of opportunity to hold bitcoins.
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$weetne$$
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April 19, 2024, 04:00:40 PM |
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Speaking of fees, you could always do most of your transactions as one bunch in this times, rather than paying same fee for several pockets of transactions. Also, price dumps presents buying opportunities, it’s the way to look at it. These negativities simply serves as a way to further prove the inevitable and you should note that, use it to build faith and strategy.
Doing multiple small transactions increase the fees you will be paying, doing a one time transaction is good or make use of lightening network to send multiple small transactions but let the other person receiving the transactions be aware that you'll be making use of the lightening network or you will lose your Bitcoin. Bitcoin fee should not stop us from looking at the brighter side Bitcoin has, Bitcoin price is increasing more than the fees are increasing therefore I would not be more concerned about what the fees are because they would not get as bad as people are thinking. Playing 10 bucks to send 500 buck would not be a big deal if my transaction will be confirmed fast. I'll keep making more profits when I hodl Bitcoin and the profits will be paying for the fees that is needed to confirm my transaction therefore I'm not worried but only sees a brighter side for Bitcoin.
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Blitzboy
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April 20, 2024, 08:22:42 AM |
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Nah fam, constantly looking for the silver lining in things doesn’t make you an optimist. It makes you a delusional.
It doesn’t matter if people go nuts and bonkers about bitcoin dropping in price so drastically today. It’s a normal reqction to a perfectly understandable situation like so. People are always going to give yiu the most genuine reactions and if you’re going to clown on them cause “they can’t keep their cool”, then I got news for you bub, you’re no different than these people.
In my opinion, let people react the way they want to react in situations like these. It’s their money first and foremost, and I see nothing wrong with being scared and sad that you’re money’s growing thin by the day, and at the end of the day, it’s not like they’d stop investing in crypto after this! There are thousands of other opportunities to buy and reenter the market, forcing people to hold just ruins it,
Let the people be scared, let the people be more concerned about their money and be realistic in these things.
You're right. People invested their money in this, so watching it tank will generate panic. This is normal. But folks, we must stand back and think bigger. Bitcoin isnt a whim stock. Decentralisation takes control from banks and governments in this new financial system. Today's drop? Understandable to be scared, but most people dont understand markets - any market. What falls can rise. Fear is instinctual, but markets have crashed and rebounded many times. Over time, Bitcoin will be fine. Instead of panicking, lets teach them about cycles and how investments go up and down. No, "dont worry, be happy" is crap. Understanding how this works, making sensible moves, not panicking, is key. The crypto industry is young, thus there may be bumps. People, changing the world costs that.
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Ayers
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April 21, 2024, 07:36:26 AM |
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Nah fam, constantly looking for the silver lining in things doesn’t make you an optimist. It makes you a delusional.
This is what I am seeing, many people become too optimistic and gradually they start to become delusional giving misconceptions about bitcoin. Many people are too delusional to think that bitcoin is like God, it can solve all problems in the world such as eradicating poverty, reducing war, helping the world economy develop...Regarding investment, many people even think that investing in bitcoin is risk-free and bitcoin only increases and never decreases. These illusions will really endanger them if someone sells all their assets to invest in bitcoin. Everything has risks and we need to be realistic, then analyze and come up with a plan that suits us. If we only look at the positives and ignore the negatives, it will only expose us to more risks. I guess it's better to be delusional sometimes, specially in a market as volatile as Bitcoin. Nevertheless, we've seen in the past what it can bring to our lives and maybe this is the same reason why people are having this illusion about Bitcoin. As for the risk, everything in life has risk, the thing with this market though is that it is really unpredictable that there are people who easily give up and there are some who become delusional but at the same time see the future of their investments, like getting big profits in the future. Specially in the current situation that we are about to enter the halving. I understand what you mean but I wouldn't call it delusion, I would call it greed at the right time, when the bull season comes and it is completely understandable that you have high expectations for your investment. That's not delusion, just a little more greed. Personally, I am very greedy as I predict and believe that bitcoin can touch $200k in the upcoming bull season and I am willing to take risks to get bigger rewards. Meanwhile, everyone just expected bitcoin to reach $100k. But I will never be under the illusion that bitcoin can save the world by eradicating poverty or be a panacea for the world economy.
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GbitG
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April 21, 2024, 10:03:43 PM |
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Bitcoin can only go higher by holding it for a long time, because the longer Bitcoin can be held, the more future benefits it will bring. But those who held bitcoins and sold them did not improve much, the ones who improved were those who still held bitcoins from the past and will continue to hold bitcoins for the future. Because it is best to hold bitcoins only to get to the top of success, there is still plenty of opportunity to hold bitcoins.
Do you want people to keep holding their Bitcoin forever? No one can do that, and though I agree that holding Bitcoin for long-term can bring you more profit since its price tends to go higher in the long run, I believe one should take profit at some point especially if they feel the market is going to fall after that point so that they can buy again when the price is lower and then hold again for long term before they see an opportunity for taking profit. A lot of people say that they would keep holding their Bitcoin even if there is a bull run but I don't find that wise because it's more profitable if you sell your assets when the price is low and then buy again when the price is low and repeat the process. This industry is all about making the right moves at the right time.
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Notalony
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April 23, 2024, 05:48:05 AM |
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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🍷🥂🥂
There is no reason to dout everything you said, I think that you are absolutely correct, anyone that interested in investing in Bitcoin should only be looking at what is going to be achieve at the end of the your buying, yes Bitcoin has shown beyond doubt that it is a good coin and not a scam. All one needs is just to be buying and hold patiently for as long as possible in order to have a good return.
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martinex
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April 23, 2024, 08:14:44 AM |
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There is no reason to dout everything you said, I think that you are absolutely correct, anyone that interested in investing in Bitcoin should only be looking at what is going to be achieve at the end of the your buying, yes Bitcoin has shown beyond doubt that it is a good coin and not a scam. All one needs is just to be buying and hold patiently for as long as possible in order to have a good return.
That's right, my friend BTC is always a great option and does not disappoint. Well, what deserves to be called an investor is actually someone who has money, focus and totality and is not easily provoked by a little issue of rising BTC prices but he is waiting for the double value of this pure investment to be even greater. Well, speculators used to do it and they always do it just to take profit when prices fluctuate and it's synonymous as daily, weekly or monthly traders.
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Negotiation
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April 23, 2024, 01:09:41 PM |
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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🍷🥂🥂
Fair enough to believe on the bright side, but don't look only at the bright side, the other side has a lot of lessons that it is teaching that you must learn, like someone made a post about investing without keeping emergency funds close by, and that is Lane cause you been so optimistic about bitcoin doesn't remove the possibility that things can go wrong and you lose all your holdings to some freely emergency, so yeah prepare for both good and bad as an investor. I agree bitcoin has its pros and cons so it's best to proceed with caution considering both sides to avoid disappointment later. There are many investors who only consider the bright side and then negative thoughts are formed in their mind when the price goes down. Therefore both sides should be known and should be held for long term to get good profit in future there will be less risk in holding.
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Betwrong
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April 24, 2024, 09:40:31 AM |
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~and reenter the market, forcing people to hold just ruins it,
Let the people be scared, let the people be more concerned about their money and be realistic in these things.
I totally agree with this. Especially taking into account that people who trust in Bitcoin will benefit from panic selling in the end having the opportunity to buy at very low price. I personally wouldn't call OP "delusional". To me it's an optimistic view of things, which I also adhere to. But let those who is scared to be scared, after all it’s their money, I agree with this.
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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dunfida
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April 24, 2024, 10:16:45 AM |
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~and reenter the market, forcing people to hold just ruins it,
Let the people be scared, let the people be more concerned about their money and be realistic in these things.
I totally agree with this. Especially taking into account that people who trust in Bitcoin will benefit from panic selling in the end having the opportunity to buy at very low price. I personally wouldn't call OP "delusional". To me it's an optimistic view of things, which I also adhere to. But let those who is scared to be scared, after all it’s their money, I agree with this. No matter what we do and no matter how hard we do make out those kind of advises but still its not something that would really be stopping into those people who would really be tending to make out those panic sells on which its true that this kind of condition will really benefit out into those people who are waiting to buy at the dip. This market does have its ups and downs on which there would really be always those people who would really be catching at the bottom. It cant really be just that avoided that there would really be people that would really be panicking on the time that they would really be seeing those negatives. This isnt really just that limited on Bitcoin itself but also in other investment as well on which there those cons or or risks on which its normal but its true that being positive is not that bad because once you do face up those kind of conditions then you wont really be that finding yourself that been affected greatly.
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Roser bouce
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April 24, 2024, 07:33:04 PM |
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Before doing your business, what should you see about his negative site? Regardless of the negative site, if there is a problem with the business, it is not possible to keep the business. Investors must be aware of the risk involved in investing in Bitcoin. When you know about the risks, you can negotiate that thing better. So this distance must be done in this business.
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SeriouslyGiveaway
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April 25, 2024, 06:19:31 AM |
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If we want to hold it long-term, the only thing we can only think about is the bright sides of Bitcoin in the future. That helps us overcome difficult times of the market. However, to have that belief, we ourselves must have complete knowledge to understand the potential of Bitcoin as well as this market in the future, rather than listening to the encouragement or assurances of Bitcoin. Someone said "Bitcoin is very valuable, hold on to it".
Many people came when this market was exciting, but they quickly left when they suffered losses and their previous expectations were not met. They think this is a market to make quick and huge profits. So, most of them invest in Altcoins and ignore Bitcoin. For me, Altcoins should only be invested seasonally and when the market is uptrend. Because in my opinion, Altcoins projects were born to take away Bitcoin from weak people. Therefore, if you look at the long term, you should only hold Bitcoin.
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legendbtc
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April 25, 2024, 10:53:32 AM |
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If we want to hold it long-term, the only thing we can only think about is the bright sides of Bitcoin in the future. That helps us overcome difficult times of the market. However, to have that belief, we ourselves must have complete knowledge to understand the potential of Bitcoin as well as this market in the future, rather than listening to the encouragement or assurances of Bitcoin. Someone said "Bitcoin is very valuable, hold on to it".
But if we equip ourselves with enough knowledge about bitcoin, we don't need to avoid negative things about bitcoin because we will understand that all those negative things will disappear soon and in the long run, Bitcoin will continue to grow. Many people came when this market was exciting, but they quickly left when they suffered losses and their previous expectations were not met. They think this is a market to make quick and huge profits. So, most of them invest in Altcoins and ignore Bitcoin. For me, Altcoins should only be invested seasonally and when the market is uptrend. Because in my opinion, Altcoins projects were born to take away Bitcoin from weak people. Therefore, if you look at the long term, you should only hold Bitcoin.
Based on the market cycle, we need to hold for at least 4 years to be able to profit from bitcoin but there is no denying that we are not here to get rich quick. Bitcoin cannot make us rich overnight or in a few days but it is clear that investing in it will bring bigger profits, faster than other assets and that is why we choose it. By the way, I like your investment thinking. Investing in altcoins is not so bad and we should invest seasonally to maximize the best possible returns. Don't be too stubborn to think that investing in altcoins is a waste or that they are just trash, and miss out on many great opportunities.
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Kristiyana
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April 25, 2024, 10:34:30 PM |
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If we want to hold it long-term, the only thing we can only think about is the bright sides of Bitcoin in the future. That helps us overcome difficult times of the market. However, to have that belief, we ourselves must have complete knowledge to understand the potential of Bitcoin as well as this market in the future, rather than listening to the encouragement or assurances of Bitcoin. Someone said "Bitcoin is very valuable, hold on to it".
Many people came when this market was exciting, but they quickly left when they suffered losses and their previous expectations were not met. They think this is a market to make quick and huge profits. So, most of them invest in Altcoins and ignore Bitcoin. For me, Altcoins should only be invested seasonally and when the market is uptrend. Because in my opinion, Altcoins projects were born to take away Bitcoin from weak people. Therefore, if you look at the long term, you should only hold Bitcoin.
Well Said, when you talk about looking at the brighter sides of bitcoin in the future, is obvious that bitcoin has a better future and also the potential to increase from it value. However bitcoin investment isn't what you just invest and be expecting to get profit anything soon, if you really want to make profit from bitcoin investment you need to hold on to it for Long term, bitcoin investment is not a get rich quick scheme.
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Yukyzu
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April 26, 2024, 01:23:01 AM |
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I agree bitcoin has its pros and cons so it's best to proceed with caution considering both sides to avoid disappointment later. There are many investors who only consider the bright side and then negative thoughts are formed in their mind when the price goes down. Therefore both sides should be known and should be held for long term to get good profit in future there will be less risk in holding.
Of course it is very important for those who invest in Bitcoin to be careful so as not to make mistakes that cause them to lose money in the investment they make and it would be better if we could consider both sides of the investment as you have said because if we only consider the The positive thing is that we don't think too much about the risks that we will get if something we can't predict happens and we are ready to face it, choosing to hold in the long term. I think this will be profitable and we have to be patient to wait for the profit target.
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Betwrong
Legendary
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Activity: 3388
Merit: 2204
I stand with Ukraine.
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May 01, 2024, 08:03:40 AM |
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No matter what we do and no matter how hard we do make out those kind of advises but still its not something that would really be stopping into those people who would really be tending to make out those panic sells on which its true that this kind of condition will really benefit out into those people who are waiting to buy at the dip. This market does have its ups and downs on which there would really be always those people who would really be catching at the bottom. ~ I respect those people very much. I really admire them. It's actually not easy to buy at the dip. There's always a chance of the price declining further and further, especially when you see how fast it was declining recently. But there are people, they are heroes in my eyes, who believe in Bitcoin so much that in one point they say to themselves: "Enough! It can't go further down much from this point. I'm buying!" In the future they are rewarded greatly for this way of thinking, and they totally deserve it.
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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mvdheuvel1983
Sr. Member
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Vave.com - Crypto Casino
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May 01, 2024, 03:24:29 PM |
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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🍷🥂🥂
Op, one things is for sure not everyone is a holder, some people heard that there is money in Bitcoin and jump to invest in it, not knowing how it operates, the day I made a research about volatility that's the day I understand Bitcoin, despite that we are enjoying the investment aspect of Bitcoin, that's wasn't the initial plan but as we may have it here we are today, Bitcoin volatility makes the price unstable and that is why it takes patience to be a holder but if you understand Bitcoin you will know that bitcoin can drop to it's lowest today and pumps to the highest in a few days, the congestion experienced by Bitcoin is as a result of unconfirmed transaction and that's because many people keep panicking to withdraw because of reason best known to them. OP the truth is that experienced bitcoiners are not moved by the current price of Bitcoin because this is not the first time bitcoin has done this, instead most of them are busy acquiring more of bitcoin asset.
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