Pi-network314159
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September 16, 2024, 08:37:28 AM |
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First @jewan $100K is not the target of most holders. It's the target of most traders. If they do panic, then it means they ain't in it for the long term. Everybody talks about $100K, because it is the first figure Bitcoin has to get to that it would enter the 6 digit figure group. That's like a milestone Same would said about $250K,$500K and even a Million. We are on our way to $100K doesn't mean that's our destination.
That's right, if bitcoin reaches $100k tomorrow will they be satisfied, I don't think so because bitcoin holders are more practical in prioritizing Bitcoin ownership compared to its price Actually there is no proof that if bitcoin hit $100k tomorrow that it will change anything. Since most people don't take bitcoin seriously right from the oncept which is their own cup of tea and I don't give a fuck about that. Procrastination has stagnated most guys from 2009 to 2024 without making a move, now i doubt if $100k will move them. Bitcoin will only be useful to those that knows it value or those that took it seriously. Bitcoin will change the world when it reaches $100k but we cannot change ourselves to be happier if we continue to delay buying Bitcoin.
Bitcoin hitting $100k is not a sign of changing the world. Because bitcoin might hit $100k tomorrow or by the end of the year, who knows he'll when, and nothing happens to the word. but the wordwild acceptance and recognition and people changing their narrative about bitcoin is what makes it change the world. It can also change the world of a holder who have accumulated enough and lucky to see his HODLing hitting X2 or x3 depending on the amount of your investment and the time of investment. For instance those who accumulate btc when it was around $20k WMA. If such person has like 5btc= $100, if btc hit $100k, such person will be at advantage of $100k *5= $500k. So surely such person world has already changed. So to me the world Changing is classified in two categories, the personal world changing of investing a reasonable amount and getting a reasonable amount in return for the time being and changing the world buy the world acceptance and recognition which in turn facilitate bitcoin growth ether by price or usage all over the world.
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Tmoonz
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September 16, 2024, 09:40:11 AM |
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You’re right, bitcoin investment is not 100% guarantee but that doesn’t mean hardwork should be excluded, putting possible best is as a result of working towards that angle like I meant even if it might take years regarding bitcoin price. Anyone can take more than 20 years or more depending on their accumulation process besides 15 to 20 years is a lot more for anyone to trust the process, after gaining a good portfolio it’s still left for anyone to invest more or leave. Yeah bitcoin investment not 100% guarantee, but still is among the best investment so far , the thing is that we can't tell if Bitcoin will continue to increase or decrease in prices. But one thing I know about Bitcoin, Bitcoin is all about the future not now , you can't just buy Bitcoin now and expect it to just surge in price given X100 and more , no that's not how it works (doesn't mean he can't happen no one can tell). But those that invested in Bitcoin when the price was still three digit have the mindset most impatient people have now , they would have miss a life changing opportunity, so is better that you have been use to give example for something good than something bad . Like ever since have join this forum have seen alot of users that have literally motivated me to keep accumulating and hodl . And also Bitcoin itself as also motivated me due to its past performance. Any one ever considering venturing in to Bitcoin or deciding if Bitcoin has a place in them, requires looking beyond today's headlines, by getting prepared for what will happen tomorrow in order not to be taken unaware, the awareness was never hidden and can never be since the invention of Bitcoin till date but rather it is even increasing, When it comes to Bitcoin, it is better we prepare for what May or May not happened even though past performance is not a guarantee of the future events but rather it has given us a lots of guide as to this regards.
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EclipseXcrypto
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September 16, 2024, 01:41:48 PM |
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$100k is a target level for most bitcoin holders. Bitcoiners are waiting with keen interest to hit $100k. It is expected to be in late 2024 or early 2025.
I couldn't agree more with you, as you mentioned here every investor expects Bitcoin to hit $100k. But what about those who have been holding bitcoins for a long time in DCA method, will they sell bitcoins? I'm not saying they won't sell bitcoins. Because the price of Bitcoin is not limited to 100k dollars it will likely increase several times more. So don't mislead new investors with posts like this, those who are new to investing in Bitcoin DCA method will panic. You generally look at 2022 where the price of Bitcoin was at its lowest point and since that time those who started holding Bitcoin in the DCA method have had the highest amount. So investing in Bitcoin must be done risk-free, and avoid creating confusion among new investors. I can't start quoting popkon6 and jewan 420 so would just reply together. First @jewan $100K is not the target of most holders. It's the target of most traders. If they do panic, then it means they ain't in it for the long term. Everybody talks about $100K, because it is the first figure Bitcoin has to get to that it would enter the 6 digit figure group. That's like a milestone Same would said about $250K,$500K and even a Million. We are on our way to $100K doesn't mean that's our destination. That's right, if bitcoin reaches $100k tomorrow will they be satisfied, I don't think so because bitcoin holders are more practical in prioritizing Bitcoin ownership compared to its price. Although it is contradictory, only a small number of people disagree. Having bitcoin is like having a very bright future because fiat will easily experience inflation and bitcoin will not. Bitcoin will change the world when it reaches $100k but we cannot change ourselves to be happier if we continue to delay buying Bitcoin. Most persons anticipating on the price of bitcoin reaching 100k don't even have a good portfolio. We shouldn't be bothered about bitcoin reaching 100k but should be more concerned about our bitcoin accumulation and owning a good amount of bitcoin. Now that the opportunity of buying bitcoin at this rate as it is now, we should focus on buy more now our priority shouldn't be the price reaching 100k but growing and building our portfolio. Bitcoin have a lot of growth potentials and I do believe in those potentials, with a long term perspective, reaching 100k in the future is inevitable.
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Antonil
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September 16, 2024, 04:55:07 PM |
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$100k is a target level for most bitcoin holders. Bitcoiners are waiting with keen interest to hit $100k. It is expected to be in late 2024 or early 2025.
I couldn't agree more with you, as you mentioned here every investor expects Bitcoin to hit $100k. But what about those who have been holding bitcoins for a long time in DCA method, will they sell bitcoins? I'm not saying they won't sell bitcoins. Because the price of Bitcoin is not limited to 100k dollars it will likely increase several times more. So don't mislead new investors with posts like this, those who are new to investing in Bitcoin DCA method will panic. You generally look at 2022 where the price of Bitcoin was at its lowest point and since that time those who started holding Bitcoin in the DCA method have had the highest amount. So investing in Bitcoin must be done risk-free, and avoid creating confusion among new investors. I can't start quoting popkon6 and jewan 420 so would just reply together. First @jewan $100K is not the target of most holders. It's the target of most traders. If they do panic, then it means they ain't in it for the long term. Everybody talks about $100K, because it is the first figure Bitcoin has to get to that it would enter the 6 digit figure group. That's like a milestone Same would said about $250K,$500K and even a Million. We are on our way to $100K doesn't mean that's our destination. That's right, if bitcoin reaches $100k tomorrow will they be satisfied, I don't think so because bitcoin holders are more practical in prioritizing Bitcoin ownership compared to its price. Although it is contradictory, only a small number of people disagree. Having bitcoin is like having a very bright future because fiat will easily experience inflation and bitcoin will not. Bitcoin will change the world when it reaches $100k but we cannot change ourselves to be happier if we continue to delay buying Bitcoin. Most of the people who expect bitcoin to reach $100k don't have a good portfolio either. They are putting themselves at risk in hopes of a small profit rather than holding Bitcoin long-term. I think people who panic at $100K are probably short-term traders, not long-term investors. Because dollar-cost averaging (DCA) always reduces investor volatility and encourages long-term holdings. People who act like Bitcoin traders basically scare away new investors or new holders. New investors or new holders should not wait for Bitcoin price to hit $100K but rather, hold long term following their DCA method and expect 6/7 digit price. If they hold long term following the DCA method, they will definitely benefit.
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Septex
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September 16, 2024, 04:56:44 PM |
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Bitcoin is currently valued at a little over $57,000. A few months ago we observed that Bitcoin was at $65,000. However, Bitcoin's stability is much stronger today than it has been in the past few years. The time ahead is expected to see Bitcoin's new ATH take place and Bitcoin will reach the peak of the bull market and we can expect Bitcoin to reach $100k by 2025. Because we can see that nowadays the popularity of crypto currency is increasing day by day and people are getting into it. I think that gradually everyone will become more aware of this and they will become more interested in trading or investing in Bitcoin.
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Cryptoprincess101
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September 16, 2024, 05:05:16 PM |
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First @jewan $100K is not the target of most holders. It's the target of most traders. If they do panic, then it means they ain't in it for the long term. Everybody talks about $100K, because it is the first figure Bitcoin has to get to that it would enter the 6 digit figure group. That's like a milestone Same would said about $250K,$500K and even a Million. We are on our way to $100K doesn't mean that's our destination.
That's right, if bitcoin reaches $100k tomorrow will they be satisfied, I don't think so because bitcoin holders are more practical in prioritizing Bitcoin ownership compared to its price Actually there is no proof that if bitcoin hit $100k tomorrow that it will change anything. Since most people don't take bitcoin seriously right from the oncept which is their own cup of tea and I don't give a fuck about that. Procrastination has stagnated most guys from 2009 to 2024 without making a move, now i doubt if $100k will move them. Bitcoin will only be useful to those that knows it value or those that took it seriously. If Bitcoin reaches $100k it will change a lot of things because just like you said about those who were merely making procrastinations about the price of Bitcoin in the past, I believe by now few of them have learnt a lesson and wouldn't want to repeat same mistakes again and even now that we are anticipating the price to hit $100, those who are still being adamant to start making investments in Bitcoin now will also live to regret when the price hit $100k, if you listen to news about Bitcoin you definitely going to meet news about people who regretted for not investing in Bitcoin when the price was very much affordable. Now the reason why Bitcoin will change a lot when it hits $100k is that a lot of it's investors will learn to trust Bitcoin more and more people who have not yet invested will have some kind of conviction to start making investments and so far as the total Bitcoin has not yet been mined, no ATH of Bitcoin is too much to start making investments. Investors that are always welcome at any time to invest in Bitcoin. Bitcoin will change the world when it reaches $100k but we cannot change ourselves to be happier if we continue to delay buying Bitcoin.
You are right actually because no matter the level with which Bitcoin attains, the only thing that can give us joy is if we are Hodling and never sell our bitcoins because it will cowardice for anyone to sell their Bitcoins when they have not gotten a huge portfolio or when Bitcoin hasn't achieved a high level of milestone. Now is the time for anyone to start making accumulations so that they don't live to regret or congratulate others while they are left behind.
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Salahmu
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September 16, 2024, 05:52:25 PM |
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Now the reason why Bitcoin will change a lot when it hits $100k is that a lot of it's investors will learn to trust Bitcoin more and more people who have not yet invested will have some kind of conviction to start making investments
Trusting Bitcoin shouldn't rest on the shoulder of the price surpassing $100k because it doesn't mean anything and however regardless of any price I see no reason why people will not have a trust on Bitcoin and also in terms of trust, price is never an instrument use in trusting Bitcoin, so actually I don't really think if trust is the reason why most people are focusing too much on the price hitting $100k because you should no that people will always speculate about Bitcoin, so even if it gets to $100k the same people will extend there level of expectation to the price of Bitcoin reaching either $150k or even more, so I don't think trust is the issue.
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Fullcoinese
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September 16, 2024, 05:55:23 PM Merited by JayJuanGee (1) |
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Bitcoin is currently valued at a little over $57,000. A few months ago we observed that Bitcoin was at $65,000. However, Bitcoin's stability is much stronger today than it has been in the past few years. The time ahead is expected to see Bitcoin's new ATH take place and Bitcoin will reach the peak of the bull market and we can expect Bitcoin to reach $100k by 2025. Because we can see that nowadays the popularity of crypto currency is increasing day by day and people are getting into it. I think that gradually everyone will become more aware of this and they will become more interested in trading or investing in Bitcoin.
if the prediction posted by @piebeyb in his thread really happens based on the history of Bitcoin. of course, it's extraordinary. I don't rule out the possibility of Bitcoin reaching $100k. but what might happen is a fairly high price increase from the current price. reaching $100k or not the most important thing is that we have Bitcoin in our wallet. so we won't miss the party. 2012 - Bitcoin halving 2013 - go to the moon 2014 - Bitcoin down 2015 - Bitcoin prices wake up from the downturn 2016 - Bitcoin halving 2017 - go to the moon 2018 - Bitcoin down 2019 - Bitcoin prices wake up from the downturn 2020 - Bitcoin halving 2021 - go to the moon 2022 - Bitcoin down 2023 - Bitcoin prices wake up from the downturn 2024 - Bitcoin halving 2025 - You probably know that
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Frankolala
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September 16, 2024, 05:59:12 PM |
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Now the reason why Bitcoin will change a lot when it hits $100k is that a lot of it's investors will learn to trust Bitcoin more and more people who have not yet invested will have some kind of conviction to start making investments
Trusting Bitcoin shouldn't rest on the shoulder of the price surpassing $100k because it doesn't mean anything and however regardless of any price I see no reason why people will not have a trust on Bitcoin and also in terms of trust, price is never an instrument use in trusting Bitcoin, so actually I don't really think if trust is the reason why most people are focusing too much on the price hitting $100k because you should no that people will always speculate about Bitcoin, so even if it gets to $100k the same people will extend there level of expectation to the price of Bitcoin reaching either $150k or even more, so I don't think trust is the issue. A new investor needs to have believe in bitcoin that it is a good investment worth throwing some value on before he can take his bitcoin investment serious, otherwise he might not have the passion and zeal to invest in bitcoin and grow his bitcoin investment overtime. As long as you have the believe that bitcoin price will be more on a uptrend than downtrend in future that's enough for you to build and grow your bitcoin investment for long term. Another thing is if you see bitcoin as a store of value where you can use to save your funds to avoid it depreciating overtime due to inflation, you will not bother about the price reaching 100k because you are after the future.
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asarfiar
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September 17, 2024, 05:22:09 AM |
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We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.
Bitcoin reaches $72350. It is now at $71490 I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?
Do not expect the price to just be going higher. You can see when it reached all-time-high, it fall to $59100. When it reached $70000, it fall to around $62000. The thing is just hold until it get to $100000 even if there is any decline, the increase will be more. This is the usual price movement pattern in bitcoin all through history, when bitcoin reaches it all time high, it will drop back significantly, but what make Bitcoin all time high different this time os in the new trend that bitcoin is holding on to, as in Bitcoin resistant level is so high that when it did the 72k ATH, it fall back but not down below 70k which Bitcoin recover back quickly which indicates alot of buying pressure, and also a tendency of continues up trend movement. Just as a few other members have mentioned, Bitcoin building up to 100k may not be speedy, but that is where the price is heading to right now and for that, we may have to acknowledge the fact that, even though there may be instances where the price may decline down a bit, but achieving 100k on the long run is what we are close to at the moment and 100k may become the new all-time high. Your thoughts on Bitcoin can be considered to open up a new possibility, which will give an incredible boost to Bitcoiners investing in BTC on the way to this forum. Although this society has expressed confusing opinions about Bitcoin, it is natural that Bitcoin is responsible for the ups and downs of the market system. Reviewing the entire history of Bitcoin, we notice a momentum in its price, when Bitcoin reached its lowest rate around $200 and again when it reached its all-time high, its rate was about $73k ATH. Again many argue that although there is no reason for Bitcoin to go to $100k it is a future market collapse. But I think reviewing the history of Bitcoin and the influx of BTC investors will reach the $100k peak in a very short period of time.
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Ricardo11
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September 17, 2024, 05:58:18 AM |
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Most of the people who expect bitcoin to reach $100k don't have a good portfolio either. They are putting themselves at risk in hopes of a small profit rather than holding Bitcoin long-term. I think people who panic at $100K are probably short-term traders, not long-term investors. Because dollar-cost averaging (DCA) always reduces investor volatility and encourages long-term holdings. People who act like Bitcoin traders basically scare away new investors or new holders. New investors or new holders should not wait for Bitcoin price to hit $100K but rather, hold long term following their DCA method and expect 6/7 digit price. If they hold long term following the DCA method, they will definitely benefit.
Bitcoin's DCA is sure to benefit every investor in the long term, an investor should use DCA and hold for at least 2 to 3 cycles, because in each cycle Bitcoin increases a lot, and if one invests for the long term and If he keeps investing regularly and holds for 2 to 3 cycles, he can definitely acquire a very large portfolio. So the more holdings for beginners, the stronger their investment and financial independence will be, and they will definitely become financially influential in the future.
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adultcrypto
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September 17, 2024, 06:50:00 AM |
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Bitcoin is currently valued at a little over $57,000. A few months ago we observed that Bitcoin was at $65,000. However, Bitcoin's stability is much stronger today than it has been in the past few years. The time ahead is expected to see Bitcoin's new ATH take place and Bitcoin will reach the peak of the bull market and we can expect Bitcoin to reach $100k by 2025. Because we can see that nowadays the popularity of crypto currency is increasing day by day and people are getting into it. I think that gradually everyone will become more aware of this and they will become more interested in trading or investing in Bitcoin.
I have learnt to keep an open mind in this game. I call it a game because trying to understand the price of bitcoin, where it will be at time T, is like solving complex puzzle that may not really be necessary. The best is to keep an open mind so you dont get disappointed or over excited to act irrationally. Being that as it may, it is good to set expectations, but putting a time frame for the expectations we set in bitcoin is where most of us have problems. I remember how excited some people were around the period of the ETF approval when price rose so drastically. Consequently, many were of the opinion that the halving will jump to 100k, hence some acted irrationally and when the price refused to go immediately, they got disappointed. Keeping an open mind helps with the needed calmness and makes one appreciate the process of price evolution while making judicious use of the opportunities offered by the market. So because I keep an open mind, I expect price to reach 100k but I dont know when it will happen but until it gets there, I will continue to take my position and fill my bag so that I'm not left out.
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AirtelBuzz
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September 17, 2024, 09:48:10 AM |
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Bitcoin is currently valued at a little over $57,000. A few months ago we observed that Bitcoin was at $65,000. However, Bitcoin's stability is much stronger today than it has been in the past few years. The time ahead is expected to see Bitcoin's new ATH take place and Bitcoin will reach the peak of the bull market and we can expect Bitcoin to reach $100k by 2025. Because we can see that nowadays the popularity of crypto currency is increasing day by day and people are getting into it. I think that gradually everyone will become more aware of this and they will become more interested in trading or investing in Bitcoin.
No coin's price is stable in the cryptocurrency market. The price of the coin is always fluctuating which we consider as volatility. As Bitcoin's price rises and its popularity grows, I question to you what you are investing in Bitcoin. If you don't invest and don't own bitcoins, you probably have nothing to regret whether the price of bitcoins goes up or down. As you mentioned and predicted that Bitcoin price will hit $100k dollars by 2025. Yes it can be possible as we have seen many times before that the price of Bitcoin has dropped by a large amount followed by a large increase again. Even this year Bitcoin has made new ATH whichIt was unimaginable to everyone and the price of Bitcoin will continue to rise in the future. If you want to be a successful investor when the price of Bitcoin is rising, buy Bitcoin whenever you can with the money you have and try to hold it for a long time.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Antonil
Member
Offline
Activity: 155
Merit: 61
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September 17, 2024, 10:59:09 AM |
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I think that gradually everyone will become more aware of this and they will become more interested in trading or investing in Bitcoin.
You will lose the realization you gain from trading if you are not good about trading. Gaining knowledge will keep you connected to your risky self, I think. Because the trade is very risky, it becomes difficult for a person to control the temptation and excessive emotions in the trade. An individual trader and investor is almost a member. For example, if sand and silt are placed in the same container, the sand will absorb the water.Alternative investing is like water and trading is like sand. A person will absorb two target trade investments and end up exhausted where your losses will be more. So go long the investment in DCA method not trade.
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Marvelockg
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September 17, 2024, 01:27:51 PM Merited by JayJuanGee (1) |
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I think that gradually everyone will become more aware of this and they will become more interested in trading or investing in Bitcoin.
An individual trader and investor is almost a member. For example, if sand and silt are placed in the same container, the sand will absorb the water.Alternative investing is like water and trading is like sand. A person will absorb two target trade investments and end up exhausted where your losses will be more. So go long the investment in DCA method not trade. if you want to be successful with your investment, it's best to take out any form of urge that compels you to consider trading part of your Bitcoin for whatever profit you anticipate getting. It's not as if all traders always make loss and it will be biased and too sentimental to think so, they might get lucky and get some profit with it but it's never worth the effort that after you've set out strategies in place to help you buy Bitcoin now that it's still convininece to doing so that you now try to trade some of your Bitcoin holding and end up diminishing them along the way should things go wrong. Your analogy about investing and at the same time trading ones Bitcoin being the same as of mixing sand and water in a containner is good but to better potray how risky trading part of Bitcon is, when you're trading a portion of your Bitcoin stack, it's just like you're intentionally pouring impurity into an already cleaned water you've carefully sieved out which goes to contaminate the whole mixture of water. Chances are that if you ever trade your Bitcoin and you experience loss in the process, you will get tempted to trade again to recover the one you've lost and then do it again and if you're not careful enough, you're endangering your Bitcoin stack to never growing and potentially diminishing with time.
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| . Duelbits | │ | | | | | █▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ KENONEW . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄█ | | | 10,000x MULTIPLIER | │ | | │ |
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MainIbem
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September 17, 2024, 02:19:00 PM Merited by JayJuanGee (1) |
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An individual trader and investor is almost a member. For example, if sand and silt are placed in the same container, the sand will absorb the water.Alternative investing is like water and trading is like sand. A person will absorb two target trade investments and end up exhausted where your losses will be more. So go long the investment in DCA method not trade.
if you want to be successful with your investment, it's best to take out any form of urge that compels you to consider trading part of your Bitcoin for whatever profit you anticipate getting. It's not as if all traders always make loss and it will be biased and too sentimental to think so, they might get lucky and get some profit with it but it's never worth the effort that after you've set out strategies in place to help you buy Bitcoin now that it's still convininece to doing so that you now try to trade some of your Bitcoin holding and end up diminishing them along the way should things go wrong. Your analogy about investing and at the same time trading ones Bitcoin being the same as of mixing sand and water in a containner is good but to better potray how risky trading part of Bitcon is, when you're trading a portion of your Bitcoin stack, it's just like you're intentionally pouring impurity into an already cleaned water you've carefully sieved out which goes to contaminate the whole mixture of water. Chances are that if you ever trade your Bitcoin and you experience loss in the process, you will get tempted to trade again to recover the one you've lost and then do it again and if you're not careful enough, you're endangering your Bitcoin stack to never growing and potentially diminishing with time. As a Bitcoin investor, one shouldn't be involving themselves in an activity that could make them lose part of what, if not all they've been trying to build for months or years in one day, all in the name of adding to their portfolio through whatever strategy, I know their are people who still got that mentality but I'm not in support of it and won't advice anyone to thread that part, trading is risky and sometimes cause those who participate in it to become greedy and we all know that once greed comes in, sometimes the trader stands more chances of losing more than they could even profit. What some investors don't understand is that the goal is to built their portfolio over time by buying and hodling for long-term then accumulate more on different intervals with better strategies and not trying to add to your portfolio by risking your coins in something that's not certain. I'm not against traders though, anyone can do whatever they like with their coins but I won't advice investors to thread that part since their are better ways they could accumulate more Bitcoins to their Portfolio.
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JayJuanGee
Legendary
Offline
Activity: 3934
Merit: 11343
Self-Custody is a right. Say no to"Non-custodial"
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September 17, 2024, 02:47:00 PM |
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I think that gradually everyone will become more aware of this and they will become more interested in trading or investing in Bitcoin.
You will lose the realization you gain from trading if you are not good about trading. Gaining knowledge will keep you connected to your risky self, I think. Because the trade is very risky, it becomes difficult for a person to control the temptation and excessive emotions in the trade. An individual trader and investor is almost a member. For example, if sand and silt are placed in the same container, the sand will absorb the water.Alternative investing is like water and trading is like sand. A person will absorb two target trade investments and end up exhausted where your losses will be more. So go long the investment in DCA method not trade. Your description is confusing since silt absorbs water more than sand.. so I would think that you would want to say that investing is like silt absorbing the water and trading is like water going through sand.. Maybe you can restate what you mean.
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1) Self-Custody is a right. There is no such thing 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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September 17, 2024, 02:49:04 PM |
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Bitcoin is currently valued at a little over $57,000. A few months ago we observed that Bitcoin was at $65,000. However, Bitcoin's stability is much stronger today than it has been in the past few years. The time ahead is expected to see Bitcoin's new ATH take place and Bitcoin will reach the peak of the bull market and we can expect Bitcoin to reach $100k by 2025. Because we can see that nowadays the popularity of crypto currency is increasing day by day and people are getting into it. I think that gradually everyone will become more aware of this and they will become more interested in trading or investing in Bitcoin.
The price of bitcoin will definitely increase but as it increases you can participate in bitcoin investment. Because if you don't participate in Bitcoin investment, you will not get any benefit if the price of Bitcoin goes up or down. So since you are new then surely you can participate in bitcoin investment and use DCA method in it. If you hold Bitcoin for a long time with DCA method you will be ready to get more benefits, only DCA method is quite useful for both new investors and old investors. Low risk and high profit is possible only through Bitcoin investment, so you should follow DCA method in Bitcoin to keep you investing in Bitcoin and keep it for long time.
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Samlucky O
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September 17, 2024, 03:47:56 PM |
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Bitcoin is currently valued at a little over $57,000. A few months ago we observed that Bitcoin was at $65,000. However, Bitcoin's stability is much stronger today than it has been in the past few years. The time ahead is expected to see Bitcoin's new ATH take place and Bitcoin will reach the peak of the bull market and we can expect Bitcoin to reach $100k by 2025. Because we can see that nowadays the popularity of crypto currency is increasing day by day and people are getting into it. I think that gradually everyone will become more aware of this and they will become more interested in trading or investing in Bitcoin.
The price of bitcoin will definitely increase but as it increases you can participate in bitcoin investment. Because if you don't participate in Bitcoin investment, you will not get any benefit if the price of Bitcoin goes up or down. So since you are new then surely you can participate in bitcoin investment and use DCA method in it. If you hold Bitcoin for a long time with DCA method you will be ready to get more benefits, only DCA method is quite useful for both new investors and old investors. Low risk and high profit is possible only through Bitcoin investment, so you should follow DCA method in Bitcoin to keep you investing in Bitcoin and keep it for long time. The framing of you work was good except this aspect of saying that only DCA method is good for both new and old investors. Saying that is quit misleading and making it looks like other strategy are not useful. why DCA is highly recommended for most people is simply because anyone can invest using that method or strategy to accumulate as little as they can according to their financial level. But doesn't mean DCA is the only method. As a matter of fact, most people prefer lump suming or buying the dip and it has been working for them as well. So in this case a person who decides to buy once at a go maybe monthly or every 3 month, may see such method as the best for him. in summary each method is good to whoever finds it easy but we can no neglect 2 for 1 or 1 for two, so the best way is combining all to yeald a better result.
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Zackz5000
Full Member
Offline
Activity: 308
Merit: 240
Bitcoin or nothing
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September 17, 2024, 04:23:03 PM Last edit: September 17, 2024, 04:39:48 PM by Zackz5000 |
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Bitcoin is currently valued at a little over $57,000. A few months ago we observed that Bitcoin was at $65,000. However, Bitcoin's stability is much stronger today than it has been in the past few years. The time ahead is expected to see Bitcoin's new ATH take place and Bitcoin will reach the peak of the bull market and we can expect Bitcoin to reach $100k by 2025. Because we can see that nowadays the popularity of crypto currency is increasing day by day and people are getting into it. I think that gradually everyone will become more aware of this and they will become more interested in trading or investing in Bitcoin.
The price of bitcoin will definitely increase but as it increases you can participate in bitcoin investment. Because if you don't participate in Bitcoin investment, you will not get any benefit if the price of Bitcoin goes up or down. So since you are new then surely you can participate in bitcoin investment and use DCA method in it. If you hold Bitcoin for a long time with DCA method you will be ready to get more benefits, only DCA method is quite useful for both new investors and old investors. Low risk and high profit is possible only through Bitcoin investment, so you should follow DCA method in Bitcoin to keep you investing in Bitcoin and keep it for long time. Do not underestimate the lump sum strategy and the buying the dip strategy by saying that the DCA strategy is the only useful method of accumulating Bitcoin for both new and old investor, you are simply saying that other methods of accumulating Bitcoin is useless that is wrong mate all the method of accumulating Bitcoin is useful in one way or another investor chooses to make use of the method that works for him. The reason why the DCA strategy of accumulating Bitcoin is mainly use by investor is to help them accumulate more Bitcoin little by little regarding of the price weekly or monthly and hold and that doesn't make other methods of accumulating Bitcoin useless because they are also working for other investors.
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