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Author Topic: Road to 100k?  (Read 15461 times)
Odohu
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July 03, 2024, 04:53:10 PM
 #861

Not this year its taken too long imo but right this moment we struggle to beat the old ATH and thats more important for 2024 then the highest aspirations.   BTC building above 72k would make me confident that 100k will be beaten, its a round number not in any a limit.   Even with inflation at 2% and its been much higher, the idea of 100k becomes 2% closer in value terms for every year so its becoming more possible over time.
I do not completely agree with you even though you have good reasonns to support your position. From the behaviour we know about Bitcoin, this period is usually not the best for Bitcoin as price tends to correct and consolidate for longer period. This period last year was when the term "don't wake me up" was coined because Bitcoin entered into a very long consolidation. But it will interest you to know that within last year and before the end of the year, Bitcoin rose by over 100%. There was a dip below $18k before a recovery that saw price re-entering the range of the consolidation around $26k. Before the end of last year price was around the vicinity of $40k.

From the foregoing,  it is highly possible for Bitcoin to achieve $100k this year, it just need to do 100% and we are there and you know this is possible for Bitcoin to crush even within one month.

I think smart people are taking advantage of the current dips knowing that from September it is expected that there will be massive gains in Bitcoin in line with the historic data that shows that Bitcoin always do very well in the last quarter of the year.


R


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JayJuanGee
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July 03, 2024, 04:56:47 PM
 #862

Continue to maintain the Bitcoin that we already have even though the conditions have become a little different from before, because the price increase will return to Bitcoin even though currently there is a little price stability between the range of $60K to $61K more. And to expect $100K in Bitcoin, it seems like you still need a little patience for Bitcoin holders and for those who are having difficulty with the current drop in Bitcoin prices, there is no need to panic because the potential price increase in Bitcoin could still occur this year.
The 100k speculation even if achieved is not enough reason for any low coiner to ever think of selling their investment, instead of panicking for any drop in price of Bitcoin is better you take advantage of it to buy more
Bitcoin at a more cheaper price, in the early part of this year, Bitcoin was at 40$, 45$, so seeing it at what it is today for me Bitcoin is doing pretty well and I don't see any reason or what so ever that worth panicking especially considering long term investment plan.

As I mentioned in my other post, you seem to be using the term "lowcoiner" in a strange way.  A low coiner should be considered more as a derogatory for someone who is not trying very hard to accumulate BTC, so the mere fact that you don't have enough does not make you a low coiner, at least from my way of seeing the term...even though literally, you are not incorrect... but still.. it seems strange to call someone a low coiner who might be being as aggressive as he is able to be, since you can ONLY accumulate as quickly as you can, you cannot do it any faster, without either gambling or putting too much risk into your situation.

Continue to maintain the Bitcoin that we already have even though the conditions have become a little different from before, because the price increase will return to Bitcoin even though currently there is a little price stability between the range of $60K to $61K more. And to expect $100K in Bitcoin, it seems like you still need a little patience for Bitcoin holders and for those who are having difficulty with the current drop in Bitcoin prices, there is no need to panic because the potential price increase in Bitcoin could still occur this year.
The 100k speculation even if achieved is not enough reason for any low coiner to ever think of selling their investment, instead of panicking for any drop in price of Bitcoin is better you take advantage of it to buy more
Bitcoin at a more cheaper price, in the early part of this year, Bitcoin was at 40$, 45$, so seeing it at what it is today for me Bitcoin is doing pretty well and I don't see any reason or what so ever that worth panicking especially considering long term investment plan.
People who have experience in bitcoin prices especially when buying at prices below $20k will not panic to see a price drop this close, let alone those who experienced a decline of up to $15k two years ago surely it is much more difficult than the decline that is happening now, this is still fairly reasonable for this month because we have experienced enough of an increase from the beginning of 2025 to form a new ATH, correction is a normal market system so that supply and demand work where indeed in the chart also it is a healthy thing that we can make as a count to make future predictions.

Whether you want to sell and buy back when there is a decline or continue to accumulate is a good option, the most important thing is that we should not be excessive in investing in bitcoin so that our finances can be managed very well, and there are no worries whatsoever.
Yes it's actually true that those people that seize the opportunity two years ago and bought Bitcoin when it fell to 15k, 20k and even 25k wouldn't be that bothered in it current decline in value because they bought when it really matters, which was the very deep we are talk about, and they would be very happy now that they took that step then.

What I really want to talking about, which I don't think is ideal is your last paragraph, which you made mentioned of buying and selling, hoping to buy back when their is a decline in price, I think that is what traders do, so if you start doing that, you are no longer an investor, but a trader, and am quite certain that you can't build generational wealth like that, because the only way of achieving such result is to hold for a very long time.

Lastly, I also want you to understand that once you start selling gradually and start taking small small profit from you holding, hoping to buy back latter on, you wouldn't be able to develop a stronger hands again in your holding ability, because you would be always tempted to sell at any slight increase in the value of Bitcoin, which is definitely not ideal to build a generational wealth.
If you understand the characteristics of bitcoin movement during a cycle, you will see where you will benefit, the purpose of investing is to seek profit either in the short term or long term, it is relatively dependent on where you will stand in getting the benefits.

Historically bitcoin has always moved in bearish and bullish markets, there are all time lows and there are all time highs in a cycle where ATH will always be formed and ATL which will get higher every cycle, so I want to try you to understand how a good investment in my opinion, you don't have to wait for 1 decade to get a big profit, just take advantage of the ATH and ATL scenarios every cycle ahead, you will get a much bigger profit right.

But it depends on your preference, I know my target price where $100k for this cycle is more than enough and ATL in the next cycle I think is in the range of $30k-$50k.

Of course, you are free to do whatever you like, but when you are targeting numbers, you are likely thinking like a trader who is going to end up losing out on opportunities to build a solid bitcoin holdings - especially since there are only a few days in any year in which bitcoin could go surprisingly up and you are fucking around trying to figure out highs and lows... and you should have had been in and you end up being out.... Maybe once you get a decently large BTC stash then you can play around with some of it, but if you are in your BTC accumulation stages it is better to mostly concentrate on buying BTC regularly, maybe even more than a whole cycle before fucking around with trying to predict highs and lows and perhaps taking wrong actions based on your being incorrect some of the times.

Now since you have been registered on the forum since early 2015, you likely have had time to accumulate BTC during that time.  Are you suggesting that whatever fucking around that you were doing in regards to getting in and out of highs and lows had been able to beat a pure accumulation strategy?

So, for example, if you had been buying $100 per week of BTC since the beginning of 2015 until now, you would have had invested close to $50k into BTC, and you would have accumulated right around 35.07 in BTC, so that would surely not be a bad place to be with your BTC investment.  Have you gotten at least that kind of performance out of your BTC investment over the last 9.5 years with whatever techniques that you are suggesting to use?  I still suggest don't fuck around with ins and outs since bitcoin is such a great asset to accumulate and you would not want to not be in at the right times and you also would not interfere with an accumulating mindset, which helps focusing on stacking sats - hopefully without making the mistake of overdoing it and/or recking yourself.

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
Tmoonz
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July 03, 2024, 05:27:45 PM
Last edit: July 03, 2024, 05:37:56 PM by Tmoonz
Merited by JayJuanGee (1)
 #863

Continue to maintain the Bitcoin that we already have even though the conditions have become a little different from before, because the price increase will return to Bitcoin even though currently there is a little price stability between the range of $60K to $61K more. And to expect $100K in Bitcoin, it seems like you still need a little patience for Bitcoin holders and for those who are having difficulty with the current drop in Bitcoin prices, there is no need to panic because the potential price increase in Bitcoin could still occur this year.
The 100k speculation even if achieved is not enough reason for any low coiner to ever think of selling their investment, instead of panicking for any drop in price of Bitcoin is better you take advantage of it to buy more
Bitcoin at a more cheaper price, in the early part of this year, Bitcoin was at 40$, 45$, so seeing it at what it is today for me Bitcoin is doing pretty well and I don't see any reason or what so ever that worth panicking especially considering long term investment plan.

As I mentioned in my other post, you seem to be using the term "lowcoiner" in a strange way.  A low coiner should be considered more as a derogatory for someone who is not trying very hard to accumulate BTC, so the mere fact that you don't have enough does not make you a low coiner, at least from my way of seeing the term...even though literally, you are not incorrect... but still.. it seems strange to call someone a low coiner who might be being as aggressive as he is able to be, since you can ONLY accumulate as quickly as you can, you cannot do it any faster, without either gambling or putting too much risk into your situation.


Thanks alot for the more clarifications, indeed you are an eye opener you have opened my eyes and I can see a more clearer picture of what you are saying and considering the fact that it has always been your interest that we get the best out of what we are doing or saying, you are a good shepherd must say and I completely agree with you are saying, yeah calling someone who started his Bitcoin investment journey not quite long a low coiner isn't just because he is having but little quantity of Bitcoin isn't right as it can make  the person to become overly aggressive such that it will affect his other living expenses
Mean while there is nothing can be more important as accumulating your Bitcoin comfortably without seeing it as a burden perhaps time is also needed in order to realize a good size of Bitcoin considering the income flow, hence every investor should only make that investment decision that will suits him without any form gambling or putting too much risk in to their situations. Thanks for the clarifications sir.

.
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JayJuanGee
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July 03, 2024, 06:35:40 PM
 #864

Continue to maintain the Bitcoin that we already have even though the conditions have become a little different from before, because the price increase will return to Bitcoin even though currently there is a little price stability between the range of $60K to $61K more. And to expect $100K in Bitcoin, it seems like you still need a little patience for Bitcoin holders and for those who are having difficulty with the current drop in Bitcoin prices, there is no need to panic because the potential price increase in Bitcoin could still occur this year.
The 100k speculation even if achieved is not enough reason for any low coiner to ever think of selling their investment, instead of panicking for any drop in price of Bitcoin is better you take advantage of it to buy more
Bitcoin at a more cheaper price, in the early part of this year, Bitcoin was at 40$, 45$, so seeing it at what it is today for me Bitcoin is doing pretty well and I don't see any reason or what so ever that worth panicking especially considering long term investment plan.
As I mentioned in my other post, you seem to be using the term "lowcoiner" in a strange way.  A low coiner should be considered more as a derogatory for someone who is not trying very hard to accumulate BTC, so the mere fact that you don't have enough does not make you a low coiner, at least from my way of seeing the term...even though literally, you are not incorrect... but still.. it seems strange to call someone a low coiner who might be being as aggressive as he is able to be, since you can ONLY accumulate as quickly as you can, you cannot do it any faster, without either gambling or putting too much risk into your situation.
Thanks alot for the more clarifications, indeed you are an eye opener you have opened my eyes and I can see a more clearer picture of what you are saying and considering the fact that it has always been your interest that we get the best out of what we are doing or saying, you are a good shepherd must say and I completely agree with you are saying, yeah calling someone who started his Bitcoin investment journey not quite long a low coiner isn't just because he is having but little quantity of Bitcoin isn't right as it can make  the person to become overly aggressive such that it will affect his other living expenses
Mean while there is nothing can be more important as accumulating your Bitcoin comfortably without seeing it as a burden perhaps time is also needed in order to realize a good size of Bitcoin considering the income flow, hence every investor should only make that investment decision that will suits him without any form gambling or putting too much risk in to their situations. Thanks for the clarifications sir.

For sure any of us could come to disagree and even argue about these kinds of terms since literally you are not incorrect in terms of the low coiner idea, but I surely prefer to use that term as a kind of denigration in terms of describing someone who is purposefully holding back on  BTC investing due to either not believing in bitcoin or being overly whimpy.

Sure, there can be BTC accumulators and guys who are new to bitcoin who choose to be more whimpy and/or conservative in their bitcoin accumulation, but I still would not label them as a low coiner, unless they were purposefully holding back on their bitcoin accumulation due to lack of belief or maybe some other reason that they are not believing in investing into bitcoin.

Like you mentioned, each of us needs to freely choose and/or figure out our level of aggressiveness, and none of us should be pressured into accumulating more quickly or less quickly than we believe to be in our own interests, and sure some of us are going to end up getting those kinds of preferences wrong.

We could also characterize a no coiner as either being lazy when it comes to bitcoin or maybe even against bitcoin, and so some no coiners might be somewhat innocent in their failure to get started with bitcoin, and so in that sense we could differentiate the no coiner from the precoiner, since the precoiner may well end up acting to get a bitcoin position and is not hostile or negative about bitcoin.

Another thing is that I have not come across any kind of good label for levels of accumulators, since so many folks do not have enough coins, so there are so many folks who have started with bitcoin and they are just in various stages of their bitcoin accumulation journey and so far the best that I have come across is that either they are various stages of whimpy or aggressive in their bitcoin accumulation strategy, so maybe in that sense so many might consider themselves low coiners, but they are not low coiners in the sense of not trying.. they are merely accumulating and ongoingly accumulating and hopefully making progress towards their BTC accumulation level target, and surely some of them might conclude (too early) that they reached their target, but then later come to realize that they don't have enough... so we do have a lot of variance  - even between the differing kinds of accumulators and whether they have been accumulating regularly and somewhat slowly versus some folks who might have been able to front load through more aggressive means... such as lump summing or even front loading with higher levels of DCA and buying on dip amounts.

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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July 04, 2024, 06:39:03 AM
 #865

These seasons comes with different strategies. We have bear and bull season and this have been an outrageous moment for everyone. Road to $100k for Bitcoin, it can seem possible and we know the standard formulation of the system. Bitcoin have dipped and we know the signals it have sent out to the public. Most traders already know their plans to comprehend the system, while some have struggled.

Continue to maintain the Bitcoin that we already have even though the conditions have become a little different from before, because the price increase will return to Bitcoin even though currently there is a little price stability between the range of $60K to $61K more. And to expect $100K in Bitcoin, it seems like you still need a little patience for Bitcoin holders and for those who are having difficulty with the current drop in Bitcoin prices, there is no need to panic because the potential price increase in Bitcoin could still occur this year.
Panic prevails among many investors, especially when we see that the price of Bitcoin has fallen in the market. So don't panic when the price of bitcoin falls, try to be patient because later on the price of bitcoin can rise rapidly as we have seen many times before in the market. Yes, it is true that the market is going down a bit at present, but the market can recover quickly from here.

Now is probably the best time for investors as the Bitcoin market is down, so there is an opportunity to buy more Bitcoins at lower prices. Don't panic in deep market try to buy big bit by bit do DCA regularly and try to hold it for long time. A potential target of Bitcoin price of $100k  may be reached this year.
Bitcoin price has already started to rise, which is a relief to investors who expect it to hit $100k by the end of this year. I was not terrified at Bitcoin low sided prices because I knew that it would be the main reopening within a short time. New investors like me were not panic by Bitcoin downward trend in the same way that many big investors shouldn't be. Those who have had the opportunity to buy according to their ability during the dips in the past few days can be very profitable in the future.
What you saw may have been a temporary rise. Review the market today to see how low Bitcoin prices have gone. Today when I was monitoring the coin market cap I suddenly noticed that the price of Bitcoin is at 58 thousand dollars which completely surprised me.
I bought some bitcoins a few days ago above sixty thousand dollars and now suspect the price may go down further which has me worried. We were all optimistic that the price of Bitcoin might touch $100K very soon since it hit an all-time high. But we are constantly seeing dumping in the market which is depressing many small and big investors to deprive them of their hopes.

Today the market price of Bitcoin is $58978.90, which is a market change of -3.26$ in 24 hours.
Current market sentiment looks like we may have already entered the dip season.

R


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July 04, 2024, 07:56:12 AM
Merited by JayJuanGee (1)
 #866

Well said, I would love to point out too that the Market rewards the Patient over the Impatient, the emotions of investors is what pays others that don't allow there's to control them even in the face of fear, this has been preached over and over again. For investors and newbies to look with a long term view, as well risk within there tolerance level which will keep them in a position of caring less and not panic because of price movement.
This is one of the cornerstones on the investment strategy of Warren Buffett, someone not overly appreciated here due to his comments regarding this market, but that knows way more about investing than we do, so listening to his overall strategy to learn a thing or two makes sense.

Can a trader in theory make more money than a long term holder? Yes, but how many traders can actually do it? Very few.

Holding requires a long term approach to the assets in which you invested and the ability to control your emotions to not take a bad decision on the heat of the moment, two abilities which can be hard to come by these days, but which can be developed as long as you are serious about becoming an investor.
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July 04, 2024, 09:42:49 AM
Last edit: July 15, 2024, 10:35:03 AM by Reincarnated Sat
Merited by JayJuanGee (1)
 #867

Continue to maintain the Bitcoin that we already have even though the conditions have become a little different from before, because the price increase will return to Bitcoin even though currently there is a little price stability between the range of $60K to $61K more. And to expect $100K in Bitcoin, it seems like you still need a little patience for Bitcoin holders and for those who are having difficulty with the current drop in Bitcoin prices, there is no need to panic because the potential price increase in Bitcoin could still occur this year.
The 100k speculation even if achieved is not enough reason for any low coiner to ever think of selling their investment, instead of panicking for any drop in price of Bitcoin is better you take advantage of it to buy more
Bitcoin at a more cheaper price, in the early part of this year, Bitcoin was at 40$, 45$, so seeing it at what it is today for me Bitcoin is doing pretty well and I don't see any reason or what so ever that worth panicking especially considering long term investment plan.
As I mentioned in my other post, you seem to be using the term "lowcoiner" in a strange way.  A low coiner should be considered more as a derogatory for someone who is not trying very hard to accumulate BTC, so the mere fact that you don't have enough does not make you a low coiner, at least from my way of seeing the term...even though literally, you are not incorrect... but still.. it seems strange to call someone a low coiner who might be being as aggressive as he is able to be, since you can ONLY accumulate as quickly as you can, you cannot do it any faster, without either gambling or putting too much risk into your situation.
Thanks alot for the more clarifications, indeed you are an eye opener you have opened my eyes and I can see a more clearer picture of what you are saying and considering the fact that it has always been your interest that we get the best out of what we are doing or saying, you are a good shepherd must say and I completely agree with you are saying, yeah calling someone who started his Bitcoin investment journey not quite long a low coiner isn't just because he is having but little quantity of Bitcoin isn't right as it can make  the person to become overly aggressive such that it will affect his other living expenses
Mean while there is nothing can be more important as accumulating your Bitcoin comfortably without seeing it as a burden perhaps time is also needed in order to realize a good size of Bitcoin considering the income flow, hence every investor should only make that investment decision that will suits him without any form gambling or putting too much risk in to their situations. Thanks for the clarifications sir.

For sure any of us could come to disagree and even argue about these kinds of terms since literally you are not incorrect in terms of the low coiner idea, but I surely prefer to use that term as a kind of denigration in terms of describing someone who is purposefully holding back on  BTC investing due to either not believing in bitcoin or being overly whimpy.

Sure, there can be BTC accumulators and guys who are new to bitcoin who choose to be more whimpy and/or conservative in their bitcoin accumulation, but I still would not label them as a low coiner, unless they were purposefully holding back on their bitcoin accumulation due to lack of belief or maybe some other reason that they are not believing in investing into bitcoin.

Like you mentioned, each of us needs to freely choose and/or figure out our level of aggressiveness, and none of us should be pressured into accumulating more quickly or less quickly than we believe to be in our own interests, and sure some of us are going to end up getting those kinds of preferences wrong.

We could also characterize a no coiner as either being lazy when it comes to bitcoin or maybe even against bitcoin, and so some no coiners might be somewhat innocent in their failure to get started with bitcoin, and so in that sense we could differentiate the no coiner from the precoiner, since the precoiner may well end up acting to get a bitcoin position and is not hostile or negative about bitcoin.

Another thing is that I have not come across any kind of good label for levels of accumulators, since so many folks do not have enough coins, so there are so many folks who have started with bitcoin and they are just in various stages of their bitcoin accumulation journey and so far the best that I have come across is that either they are various stages of whimpy or aggressive in their bitcoin accumulation strategy, so maybe in that sense so many might consider themselves low coiners, but they are not low coiners in the sense of not trying.. they are merely accumulating and ongoingly accumulating and hopefully making progress towards their BTC accumulation level target, and surely some of them might conclude (too early) that they reached their target, but then later come to realize that they don't have enough... so we do have a lot of variance  - even between the differing kinds of accumulators and whether they have been accumulating regularly and somewhat slowly versus some folks who might have been able to front load through more aggressive means... such as lump summing or even front loading with higher levels of DCA and buying on dip amounts.
Yeah you are very correct.
I think the people that are always more aggressive in there Bitcoin accumulation is we the newbies, there's this thing in us that always push us, we want to meet up, we have now seen or know how good Bitcoin investment is so we regret not investing all those years and we try to meet up by trying to be aggressive in our Bitcoin accumulation journey, and sometimes if not carefully followed can lead to our fall, I almost lost the little I aggressively accumulated that made me stop the aggressiveness, a lot of us the newbies get into Bitcoin and become aggressive in the investment and later lose everything and then become frustrated and then stop investing so we should be careful when being aggressive.

Before one can be aggressive in his or her Bitcoin investment he or she should have a strong emergency, reserve and float funds also known as back up funds so as to prevent he or she from dipping into his Bitcoin investment when there's an emergency or problem that needs to be sorted out with money.

A lot of guys come into Bitcoin and become aggressive and it won't affect them negatively,  I heard of someone that used some part his inheritance to purchase a good number of Bitcoin and it didn't affect him negatively because he had other investment or properties, so before we do anything or choose any strategy when it comes to our accumulation we should think if the strategy will affect us negatively or not because if we make mistakes it will surely affect our investment.
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July 04, 2024, 11:09:00 AM
 #868


I think smart people are taking advantage of the current dips knowing that from September it is expected that there will be massive gains in Bitcoin in line with the historic data that shows that Bitcoin always do very well in the last quarter of the year.


Am impressed with your view and optimism about Bitcoin price, well said.
It would be of interest to let us understand that in as much as historical data gives us an insight about possible moves we should also be aware that it isn't an assurance that same will happen now as every cycle in a market comes with her uniqueness.
What I encourage everyone to do as you rightly said, is to keep accumulating more Bitcoin, thus utilizing this great opportunity and not fret or panic according to there risk tolerance level.
I love to correct an impression, Mate which is the fact of believing that September there will be a massive gain in Bitcoin...it can happen anytime we should not be wired with datas as Bitcoiners because Bitcoin can do anything, rather stand on a ground of neutrality and risk.
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July 04, 2024, 01:23:28 PM
Last edit: July 04, 2024, 01:45:32 PM by WhoYouCantKill
 #869

Continue to maintain the Bitcoin that we already have even though the conditions have become a little different from before, because the price increase will return to Bitcoin even though currently there is a little price stability between the range of $60K to $61K more. And to expect $100K in Bitcoin, it seems like you still need a little patience for Bitcoin holders and for those who are having difficulty with the current drop in Bitcoin prices, there is no need to panic because the potential price increase in Bitcoin could still occur this year.
The 100k speculation even if achieved is not enough reason for any low coiner to ever think of selling their investment, instead of panicking for any drop in price of Bitcoin is better you take advantage of it to buy more
Bitcoin at a more cheaper price, in the early part of this year, Bitcoin was at 40$, 45$, so seeing it at what it is today for me Bitcoin is doing pretty well and I don't see any reason or what so ever that worth panicking especially considering long term investment plan.
As I mentioned in my other post, you seem to be using the term "lowcoiner" in a strange way.  A low coiner should be considered more as a derogatory for someone who is not trying very hard to accumulate BTC, so the mere fact that you don't have enough does not make you a low coiner, at least from my way of seeing the term...even though literally, you are not incorrect... but still.. it seems strange to call someone a low coiner who might be being as aggressive as he is able to be, since you can ONLY accumulate as quickly as you can, you cannot do it any faster, without either gambling or putting too much risk into your situation.
Thanks alot for the more clarifications, indeed you are an eye opener you have opened my eyes and I can see a more clearer picture of what you are saying and considering the fact that it has always been your interest that we get the best out of what we are doing or saying, you are a good shepherd must say and I completely agree with you are saying, yeah calling someone who started his Bitcoin investment journey not quite long a low coiner isn't just because he is having but little quantity of Bitcoin isn't right as it can make  the person to become overly aggressive such that it will affect his other living expenses
Mean while there is nothing can be more important as accumulating your Bitcoin comfortably without seeing it as a burden perhaps time is also needed in order to realize a good size of Bitcoin considering the income flow, hence every investor should only make that investment decision that will suits him without any form gambling or putting too much risk in to their situations. Thanks for the clarifications sir.

For sure any of us could come to disagree and even argue about these kinds of terms since literally you are not incorrect in terms of the low coiner idea, but I surely prefer to use that term as a kind of denigration in terms of describing someone who is purposefully holding back on  BTC investing due to either not believing in bitcoin or being overly whimpy.

Sure, there can be BTC accumulators and guys who are new to bitcoin who choose to be more whimpy and/or conservative in their bitcoin accumulation, but I still would not label them as a low coiner, unless they were purposefully holding back on their bitcoin accumulation due to lack of belief or maybe some other reason that they are not believing in investing into bitcoin.

Like you mentioned, each of us needs to freely choose and/or figure out our level of aggressiveness, and none of us should be pressured into accumulating more quickly or less quickly than we believe to be in our own interests, and sure some of us are going to end up getting those kinds of preferences wrong.

We could also characterize a no coiner as either being lazy when it comes to bitcoin or maybe even against bitcoin, and so some no coiners might be somewhat innocent in their failure to get started with bitcoin, and so in that sense we could differentiate the no coiner from the precoiner, since the precoiner may well end up acting to get a bitcoin position and is not hostile or negative about bitcoin.
I completely agree with your idea and want to note that I like the shade of colours you used in this discussion. Your classification of people into low-coiners, no-coiners, and precoiners, re-emphasises the differences in perception and behaviour people have towards the use of BTC for investment.

Your approach of defining “low coiner” as a person that consciously refrains from investing in Bitcoin, let alone placing a bet on it, because of a lack of belief or too much prudence is quite perceptive. What it means is that investment decisions are always made based on the beliefs that people hold, the appetite for risk that they have, and their financial objectives. At the same time, with your distinction between ‘no-coiners’ and ‘pre-coiners,’ you emphasize the role that knowledge and schooling play in people’s choices concerning their investments.

This is the significance we glean about financial literacy and awareness from contrasting “no coiners” who possibly not active or even skeptical about Bitcoin to “precoiners” who could be willing to learn and possibly invest. Thus, by identifying these differences, it becomes possible to promote rational reasoning and non-judgmental communication between people with different approaches to investing.

Lastly, with your insightful input, the persuasiveness of balancing conservatism and flexibility is underlined due to variation and appreciation of people’s distinct investment style, threshold of risk, and achievable budget. It fosters an educational approach where people can get to understand and decide whether to invest in Bitcoin, adheres to practices that people conduct research and supports users’ reasonability by acknowledging their opinion.

Continue to maintain the Bitcoin that we already have even though the conditions have become a little different from before, because the price increase will return to Bitcoin even though currently there is a little price stability between the range of $60K to $61K more. And to expect $100K in Bitcoin, it seems like you still need a little patience for Bitcoin holders and for those who are having difficulty with the current drop in Bitcoin prices, there is no need to panic because the potential price increase in Bitcoin could still occur this year.
The 100k speculation even if achieved is not enough reason for any low coiner to ever think of selling their investment, instead of panicking for any drop in price of Bitcoin is better you take advantage of it to buy more
Bitcoin at a more cheaper price, in the early part of this year, Bitcoin was at 40$, 45$, so seeing it at what it is today for me Bitcoin is doing pretty well and I don't see any reason or what so ever that worth panicking especially considering long term investment plan.

As I mentioned in my other post, you seem to be using the term "lowcoiner" in a strange way.  A low coiner should be considered more as a derogatory for someone who is not trying very hard to accumulate BTC, so the mere fact that you don't have enough does not make you a low coiner, at least from my way of seeing the term...even though literally, you are not incorrect... but still.. it seems strange to call someone a low coiner who might be being as aggressive as he is able to be, since you can ONLY accumulate as quickly as you can, you cannot do it any faster, without either gambling or putting too much risk into your situation.

yeah calling someone who started his Bitcoin investment journey not quite long a low coiner isn't just because he is having but little quantity of Bitcoin isn't right as it can make  the person to become overly aggressive such that it will affect his other living expenses
Mean while there is nothing can be more important as accumulating your Bitcoin comfortably without seeing it as a burden perhaps time is also needed in order to realize a good size of Bitcoin considering the income flow, hence every investor should only make that investment decision that will suits him without any form gambling or putting too much risk in to their situations.
The essence is that everybody begins somewhere and positioning oneself as a Bitcoin investor should in the first place be comfortable and feasible to maintain. Such is the fact that high risk investment policies have proven to result in pressure on the financial front and the other areas of life.

Indeed, it is important to carefully consider time and income flow as the primary drivers of Bitcoin acquisition. Every investor should have his/her own pace of investing depending on his/her financial capacity/needs and investment targets. Nobody should be forced to place more money than they are willing to lose or expose his or her business to a lot of risk.

It is better to aim at positively influencing the decision-making of investors and enabling them make informed choices. Even when an investor successfully invests in Bitcoin, inadequate financial education or cultures within the community may lead to a lack of financial viability, and everyone wants to be financially viable in this world.
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July 04, 2024, 02:38:47 PM
 #870

The price of Bitcoin dropped a lot in July so we are experiencing market volatility at the moment. However, we are optimistic that the price of Bitcoin may increase from next month, and Bitcoin will reach $100k on its way. If it is a matter of time for the price of Bitcoin to reach this position, we are very optimistic that Bitcoin will grow. As we have a bull market ahead according to Bitcoin's road, we can invest in Bitcoin and wait, and hold Bitcoin until it reaches the highest level.

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July 04, 2024, 03:14:59 PM
Merited by DaNNy001 (2), Ricardo11 (2), Tungbulu (2)
 #871

The price of Bitcoin dropped a lot in July so we are experiencing market volatility at the moment. However, we are optimistic that the price of Bitcoin may increase from next month, and Bitcoin will reach $100k on its way. If it is a matter of time for the price of Bitcoin to reach this position, we are very optimistic that Bitcoin will grow. As we have a bull market ahead according to Bitcoin's road, we can invest in Bitcoin and wait, and hold Bitcoin until it reaches the highest level.
Maybe there is still no way but to hope. Presently the market condition has gone down to a very bad position. We may have reached the kind of malaise we saw in the market before Bitcoin ETFs were approved. For the past few months the price of Bitcoin has been stable between 60k and 70k dollar but suddenly tomorrow the price of Bitcoin has dropped below 60 thousand. Which is being identified as a major marketing failure. But right now is the best time for those who wait for a deep market. They will buy a large amount of Bitcoin at this time to hold for a long time in the future.

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July 04, 2024, 03:38:11 PM
 #872

The price of Bitcoin dropped a lot in July so we are experiencing market volatility at the moment. However, we are optimistic that the price of Bitcoin may increase from next month, and Bitcoin will reach $100k on its way. If it is a matter of time for the price of Bitcoin to reach this position, we are very optimistic that Bitcoin will grow. As we have a bull market ahead according to Bitcoin's road, we can invest in Bitcoin and wait, and hold Bitcoin until it reaches the highest level.

Price growth will never disappear for Bitcoin as long as there is still high demand and supply in the market and the price decline that you saw at the beginning of this month is also quite normal for Bitcoin. So you don't need to immediately jump to the conclusion that Bitcoin has fallen drastically in July because we are only a few days into July. I also hope that everyone can still feel optimistic by continuing to hold Bitcoin and not panic when they see Bitcoin price conditions like today because I am also not sure that conditions like today will continue for long in Bitcoin. That is why I hope everyone does not panic and continues to hold what they still hold as their best asset, namely Bitcoin.
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July 05, 2024, 08:18:59 AM
 #873

The price of Bitcoin dropped a lot in July so we are experiencing market volatility at the moment. However, we are optimistic that the price of Bitcoin may increase from next month, and Bitcoin will reach $100k on its way. If it is a matter of time for the price of Bitcoin to reach this position, we are very optimistic that Bitcoin will grow. As we have a bull market ahead according to Bitcoin's road, we can invest in Bitcoin and wait, and hold Bitcoin until it reaches the highest level.

Price growth will never disappear for Bitcoin as long as there is still high demand and supply in the market and the price decline that you saw at the beginning of this month is also quite normal for Bitcoin. So you don't need to immediately jump to the conclusion that Bitcoin has fallen drastically in July because we are only a few days into July. I also hope that everyone can still feel optimistic by continuing to hold Bitcoin and not panic when they see Bitcoin price conditions like today because I am also not sure that conditions like today will continue for long in Bitcoin. That is why I hope everyone does not panic and continues to hold what they still hold as their best asset, namely Bitcoin.

Yea, you are very much right bro, the decline in value of Bitcoin is something that shouldn't be a concern to us because we are all long-term investors, and to be frank, a more knowledgeable investors sees this decline in price of Bitcoin as a perfect opportunity to acquire more even though he or she might have a very good stash of Bitcoin in his possession, because he knows that Bitcoin is a reliable asset that always recovers back regardless of the set backs it encounter,  as long as you are a long term holder, their should be no reason to start selling in panic because due to the high potential of Bitcoin, their is a very high chance of Bitcoin doubling or tripling it current price in the nearest future, so selling off your holdings now is a wrong thing to do.

Lastly,  another thing is just faith, if as an investor you truly believes in what you invest in which is Bitcoin, their is no need panicking, because if you check their history price chart of Bitcoin, it has proven over and over again that it can always recover, so just believe in it and wait, and you will definitely thank your stars that you never gave up on Bitcoin.











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July 05, 2024, 09:18:04 AM
 #874

The price of Bitcoin dropped a lot in July so we are experiencing market volatility at the moment. However, we are optimistic that the price of Bitcoin may increase from next month, and Bitcoin will reach $100k on its way. If it is a matter of time for the price of Bitcoin to reach this position, we are very optimistic that Bitcoin will grow. As we have a bull market ahead according to Bitcoin's road, we can invest in Bitcoin and wait, and hold Bitcoin until it reaches the highest level.
Maybe there is still no way but to hope. Presently the market condition has gone down to a very bad position. We may have reached the kind of malaise we saw in the market before Bitcoin ETFs were approved. For the past few months the price of Bitcoin has been stable between 60k and 70k dollar but suddenly tomorrow the price of Bitcoin has dropped below 60 thousand. Which is being identified as a major marketing failure. But right now is the best time for those who wait for a deep market. They will buy a large amount of Bitcoin at this time to hold for a long time in the future.

Well even though the market is experiencing a decline still the possibilities for bitcoin to reach at $100k still intact. Although we can't say that it will come this year but for sure there would be a lot of opportunities for bitcoin to hit that figures in future.

To many developments already happen unto it and I guess those several positive news happen already gather a lot of people to participate. Its just for now we are having a bad market cycle but for sure that if the bitcoin market recovers maybe it will trigger another round of bullish situation then bitcoin will slowly climb up to its past ATH again which provably could bring a lot more attention to people.

For past few months bitcoin price stays at the figures you said then suddenly it drops at $56k but it doesn't mean that people should get panic in that situation. They better think about that this is opportunity for them to extend or increase more their portfolio's volume since if they got afraid then provably nothing will happen on their investment and again they might regret if the bitcoin bounce back.

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July 05, 2024, 12:04:57 PM
 #875

This is the right time to Buy Buy Buy because of the dip in Bitcoin right now, I have already used my little reserved funds to accumulate, dip is just an opportunity for us to accumulate enough Bitcoin and that is why I love Bitcoin investment there's always an opportunity to meet your desired goal and this is one of those opportunity.
At this point you can borrow to accumulate but before you borrow make sure you have a job that can help you pay back and don't borrow what will be big for you to pay back.
My friend told me last dip he borrowed to accumulate and later payed back and he don't miss the dip opportunity, but having a reversed fund can help you or prevent you from borrowing I'm using the DCA strategy but because I had a little reserved funds I used it to accumulate I will still continue with my DCA strategy, using ur reversed funds to accumulate helps you to get to your desired goal quick.  
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July 05, 2024, 04:44:29 PM
 #876

The price of Bitcoin dropped a lot in July so we are experiencing market volatility at the moment. However, we are optimistic that the price of Bitcoin may increase from next month, and Bitcoin will reach $100k on its way. If it is a matter of time for the price of Bitcoin to reach this position, we are very optimistic that Bitcoin will grow. As we have a bull market ahead according to Bitcoin's road, we can invest in Bitcoin and wait, and hold Bitcoin until it reaches the highest level.
Maybe there is still no way but to hope. Presently the market condition has gone down to a very bad position. We may have reached the kind of malaise we saw in the market before Bitcoin ETFs were approved. For the past few months the price of Bitcoin has been stable between 60k and 70k dollar but suddenly tomorrow the price of Bitcoin has dropped below 60 thousand. Which is being identified as a major marketing failure. But right now is the best time for those who wait for a deep market. They will buy a large amount of Bitcoin at this time to hold for a long time in the future.
The market conditions may actually be in a bad shape right now; however, it is in situations as this that the smart ones starts buying! It was swinging around 60-70k for a while and then boom All of a sudden its below 60k, and people lose their minds. Nonetheless we have the ones that are like 'Hey this is a sale! Time to buy some BTC to HODL.' Everything however depends on the perspective. This phrase has been used time and time again, and I fully agree with it, For some reason, even when things get a bit tough, we are not dealt a fatal blow but rather find ourselves stronger, slightly more experienced, but still alive and on our feet. So, let's just keep it movin', and always remember a popular slogan “buy low, sell high”.

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July 05, 2024, 04:45:54 PM
 #877

Lastly,  another thing is just faith, if as an investor you truly believes in what you invest in which is Bitcoin, their is no need panicking, because if you check their history price chart of Bitcoin, it has proven over and over again that it can always recover, so just believe in it and wait, and you will definitely thank your stars that you never gave up on Bitcoin.

Ongoing buying helps to reinforce faith.  so acting on your conviction in terms of recognizing that BTC prices are providing a discount, and if you have discretionary income you may well continue to be able to buy.  Of course, some folks buy DCA, yet of course you can also guy on the dip, yet if you have been buying the dip, sometimes you will run out of money to buy more, so you merely have to wait for your next paycheck in order to be able to take advantage of prices that are lower than they were previously - while at the same time, we might not know in the short term if the price might go lower, or if the local bottom might be in. Difficult to know in advance regarding how low the BTC prices might go and/or how long they might stay there... so just ongoing buying, when you can, may well put you in a better place in the future - yet there are no guarantees with that either, so you have to pick amounts of money to invest that are comfortable for you in terms of how aggressive can you be without overdoing it... and I frequently suggest to be as aggressive as you can with the ongoing buying of BTC without over doing it.

So, let's just keep it movin', and always remember a popular slogan “buy low, sell high”.

I would not recommend to trade bitcoin, especially until you make sure that you have enough.

So the idea of selling does not sound like a good one to me, especially for bitcoin - at least not until you have enough or more than enough... and it is up to you to determine how much is enough or more than enough... and if you have been in bitcoin less than 4 years, I have my doubts about your having had been able to accumulate enough or more than enough, unless you had been able to really front load your investment... which again, you need to figure out your accumulation goals and/or targets and it tends to take normies many years 10-20-30 years to really accumulate an investment position.. rather than being short sighted and thinking about bitcoin as a trade rather than as a long term asset to accumulate.

You (Tungbulu) have only been registered on the form for 2 years, so I have trouble speculating that you would have been able to accumulate enough or more than enough bitcoin in that period of time, even though sure it is possible, but I have my doubts... and that is up to you in the end if you want to fuck around with trying to trade your bitcoin rather than accumulating it.

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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July 06, 2024, 12:59:20 AM
Last edit: July 06, 2024, 01:32:40 AM by Tungbulu
Merited by JayJuanGee (1)
 #878

✂️✂️✂️✂️

I would not recommend to trade bitcoin, especially until you make sure that you have enough.

So the idea of selling does not sound like a good one to me, especially for bitcoin - at least not until you have enough or more than enough... and it is up to you to determine how much is enough or more than enough... and if you have been in bitcoin less than 4 years, I have my doubts about your having had been able to accumulate enough or more than enough, unless you had been able to really front load your investment... which again, you need to figure out your accumulation goals and/or targets and it tends to take normies many years 10-20-30 years to really accumulate an investment position.. rather than being short sighted and thinking about bitcoin as a trade rather than as a long term asset to accumulate.

You (Tungbulu) have only been registered on the form for 2 years, so I have trouble speculating that you would have been able to accumulate enough or more than enough bitcoin in that period of time, even though sure it is possible, but I have my doubts... and that is up to you in the end if you want to fuck around with trying to trade your bitcoin rather than accumulating it.
Oh no! I may have passed my message the wrong way.

Yes you're absolutely right, I am relatively new in the Bitcoin market and I confirm that I haven't accumulated enough bitcoin yet to be talking about selling.

But when I said
Quote
“buy low, sell high”.
What I simply meant was that, selling is not an option until one's holdings have grown pretty much (in the long run), because either ways, the goal is to buy low and sell high, whether a short-term trader or a long-term investor, the difference is the time frame in which it takes to sell.

For the short-term trader, the time frame is usually shorter, let's say less than a year before they sell, while long-term investors usually spend several years buying buying buying and after years of accumulation, and they're finally sure they've accumulated enough or more than enough, they may then consider selling at a favourable price, by this time, the price is still higher than what they initially bought, so either ways, they bought low and sold high. The difference remains the duration.

I've always considered bitcoin for its long-term potentials rather than going after short-term profits, I'm presently working on my bitcoin accumulation process and definitely not thinking about selling right now or thinking about "trying to fuck around with trying to trade my bitcoin" because I'm very much aware that trading comes with lots of risks and uncertainties (which I'm not willing to be part of) so until I'm pretty sure I have more than enough Bitcoin in my stash, there's definitely no selling.

✂️✂️✂️✂️✂️

Ongoing buying helps to reinforce faith.  so acting on your conviction in terms of recognizing that BTC prices are providing a discount, and if you have discretionary income you may well continue to be able to buy.  Of course, some folks buy DCA, yet of course you can also guy on the dip, yet if you have been buying the dip, sometimes you will run out of money to buy more, so you merely have to wait for your next paycheck in order to be able to take advantage of prices that are lower than they were previously - while at the same time, we might not know in the short term if the price might go lower, or if the local bottom might be in. Difficult to know in advance regarding how low the BTC prices might go and/or how long they might stay there... so just ongoing buying, when you can, may well put you in a better place in the future - yet there are no guarantees with that either, so you have to pick amounts of money to invest that are comfortable for you in terms of how aggressive can you be without overdoing it... and I frequently suggest to be as aggressive as you can with the ongoing buying of BTC without over doing it.
You're absolutely right.
Recurrent purchasing in Bitcoins, especially, when its price is low, will help to accumulate the stacks and give a signal to the market. It’s like voting with your wallet and saying “I believe in this vision and I am willing to invest in it!”

And yea, it may not be perfect to time the market’s rise or decline; at some times you may have even spent all your cash buying, but that is fine. ‘Just wait for your next paycheck and keep on buying.’ it is more like you're are playing the long game and you understand that the price will definitely fluctuate in the short-term but the long-term trajectory will be upwards.

And I agree with you that there are no certainties, but that is the whole point of it! It's the purest form of the concept of investment where you are risking your money on something in which you have faith in. Therefore, it's advisable to be as aggressive as one can without saturating and keep on stacking those sats.

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July 06, 2024, 05:45:22 PM
 #879

The fragile, fainthearted, impatient, get rich quickly (with Bitcoin gambling) initiators all wrecked.
 The real Investors, and Bitcoiners understand the that the Game just begone, ensure you're ready. Accumulate the fuck out of Bitcoin, let keep building our Bitcoin Portfolio...

Road to $100k possible  !!!!
Have a plan, be open to the risk.
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July 06, 2024, 06:53:50 PM
 #880

✂️✂️✂️✂️
I would not recommend to trade bitcoin, especially until you make sure that you have enough.

So the idea of selling does not sound like a good one to me, especially for bitcoin - at least not until you have enough or more than enough... and it is up to you to determine how much is enough or more than enough... and if you have been in bitcoin less than 4 years, I have my doubts about your having had been able to accumulate enough or more than enough, unless you had been able to really front load your investment... which again, you need to figure out your accumulation goals and/or targets and it tends to take normies many years 10-20-30 years to really accumulate an investment position.. rather than being short sighted and thinking about bitcoin as a trade rather than as a long term asset to accumulate.

You (Tungbulu) have only been registered on the form for 2 years, so I have trouble speculating that you would have been able to accumulate enough or more than enough bitcoin in that period of time, even though sure it is possible, but I have my doubts... and that is up to you in the end if you want to fuck around with trying to trade your bitcoin rather than accumulating it.
Oh no! I may have passed my message the wrong way.

Yes you're absolutely right, I am relatively new in the Bitcoin market and I confirm that I haven't accumulated enough bitcoin yet to be talking about selling.

But when I said
Quote
“buy low, sell high”.
What I simply meant was that, selling is not an option until one's holdings have grown pretty much (in the long run), because either ways, the goal is to buy low and sell high, whether a short-term trader or a long-term investor, the difference is the time frame in which it takes to sell.


Even after your explanation and clarification, it still seems that you are framing the matter in a trader kind of a way rather than an investor kind of a way...

So for example if you had been in bitcoin for around 10 years, and maybe you spent 6-8 years accumulating bitcoin, and then at some point you figured that you had enough bitcoin, and maybe you slowed down on your bitcoin accumulation.. so yeah, maybe at some point you might start to feel that you are authorized to sell some, but you might not really be buying and selling but instead just shaving a bit off from time to time, and yeah, we will presume that you are in profits, so the times that you sell might be attempts to sell when the price is higher rather than lower, since you get more dollars for your BTC when the price is higher, so you may well end up developing strategies around how much to sell when that might be time based or might be price based, but even then you might figure that whether the BTC price is high or low, you will still be in profits, but it could make a difference if you are selling at 3x profits versus 30x profits depending on when you sell, and so you might ration your sales based on those kinds of price expectations or maybe just once a month, quarter, twice a year or yearly, you might engage in periodic sales that are to your own choosing what the timeline might be, and so those may or not be able to time price tops, but if you have more patience you might be able to get somewhat in the range of higher price, and there are other situations that you might run into some needs based circumstances in which you structure a certain amount of sales around some needs that you have, and so those might or might not be during times that the price goes up and you could be in relatively higher profits or relatively lower profits depending on how you structure the payments or how urgent you might consider those needs based purchases to be.

For the short-term trader, the time frame is usually shorter, let's say less than a year before they sell, while long-term investors usually spend several years buying buying buying and after years of accumulation, and they're finally sure they've accumulated enough or more than enough, they may then consider selling at a favourable price, by this time, the price is still higher than what they initially bought, so either ways, they bought low and sold high. The difference remains the duration.


You still sound like a trader rather than an investor when you are framing matters in that kind of a way, since of course, we would presume that we would be in profits when we are selling any BTC, yet profits are not guaranteed.. and maybe you even need to think in longer timelines since you seem to continue to want to frame these scenarios in relatively low timelines, and even though profits may well be part of the investors thinking, it may not really be as much an immediate concern.. not so much as considering how much bitcoin (or net worth he has), and if he has determined that he has enough bitcoin, then there can be thoughts about what circumstances would trigger selling some of the BTC and perhaps if he wants to continue to stay in the investment, then he would want to sell them in a sustainable way in which he is not necessarily considering whether or not he would be able to buy them back as much as he might be considering mostly preserving the size of his BTC stash.

I've always considered bitcoin for its long-term potentials rather than going after short-term profits, I'm presently working on my bitcoin accumulation process and definitely not thinking about selling right now or thinking about "trying to fuck around with trying to trade my bitcoin" because I'm very much aware that trading comes with lots of risks and uncertainties (which I'm not willing to be part of) so until I'm pretty sure I have more than enough Bitcoin in my stash, there's definitely no selling.


Fair enough... it could be that the passage of time and the size of your bitcoin stash will help to inform you a bit better regarding how you are going to treat your BTC stash and any selling strategies that you might enter into at some later date.

✂️✂️✂️✂️✂️
Ongoing buying helps to reinforce faith.  so acting on your conviction in terms of recognizing that BTC prices are providing a discount, and if you have discretionary income you may well continue to be able to buy.  Of course, some folks buy DCA, yet of course you can also guy on the dip, yet if you have been buying the dip, sometimes you will run out of money to buy more, so you merely have to wait for your next paycheck in order to be able to take advantage of prices that are lower than they were previously - while at the same time, we might not know in the short term if the price might go lower, or if the local bottom might be in. Difficult to know in advance regarding how low the BTC prices might go and/or how long they might stay there... so just ongoing buying, when you can, may well put you in a better place in the future - yet there are no guarantees with that either, so you have to pick amounts of money to invest that are comfortable for you in terms of how aggressive can you be without overdoing it... and I frequently suggest to be as aggressive as you can with the ongoing buying of BTC without over doing it.
You're absolutely right.
Recurrent purchasing in Bitcoins, especially, when its price is low, will help to accumulate the stacks and give a signal to the market. It’s like voting with your wallet and saying “I believe in this vision and I am willing to invest in it!”


Whether or not you buy on dips likely has to do with how far along you are in your bitcoin journey, and sometimes it is not very good way to spend your time to try to figure out if there is going to be a dip or not, so people are going to vary on their ability to try to time the dip and even maybe it might be better than they just buy on a regular basis (such as weekly) whether there is a dip or not, which might ultimately be a better mental framework as compared to whether any advantage might come from timing any dip.

In my first couple of years in bitcoin, I did give myself a weekly budget, so I did spend that weekly allowance each week to buy bitcoin, but I would also try to time the dips of the BTC price within the week, but at the same time, spend my allowance amount by the end of the week.. no matter what the BTC price.    So the longer that I was in bitcoin and the more bitcoin that I accumulated, then the more that I could wait rather than buying bitcoin right away, but even then sometimes, if you get some extra cash, and you are deciding what to do with that extra cash, it might not be a clear answer whether to wait or to buy more BTC at a later date, so maybe some of the extra cash might be used to buy right away rather than waiting, and another part of the extra cash used for waiting... whether spacing out such BTC buys in a DCA kind of way (which is a form of waiting), or earmarking some of such BTC buy amounts for various dip amounts that may or may not end up happening based on how far you go down in your spacing of your buys and how you divide the amounts (in the event that you want to attempt to preplan such BTC buys to some degree).

Surely some guys want to play their buying dips by ear or maybe they have some tentative ideas regarding how far the BTC price might go down or how long the BTC price might stay down, so even those kinds of strategies might not necessarily be good use of time, money and energy if there might end up being too many resources allocated to waiting rather than just buying regularly... and so guys will come to differing conclusions that may well partially be motivated also by how much BTC they had already accumulated up to date and perhaps what their BTC accumulation targets might be.

And yea, it may not be perfect to time the market’s rise or decline; at some times you may have even spent all your cash buying, but that is fine. ‘Just wait for your next paycheck and keep on buying.’ it is more like you're are playing the long game and you understand that the price will definitely fluctuate in the short-term but the long-term trajectory will be upwards.


Those are all correct ideas, except that you cannot even be assured that the long term trajectory is upwards, even though you can assume that the odds are pretty decent that the long term trajectory is upwards, even if such long term upwards trajectory is not guaranteed.

And I agree with you that there are no certainties, but that is the whole point of it! It's the purest form of the concept of investment where you are risking your money on something in which you have faith in. Therefore, it's advisable to be as aggressive as one can without saturating and keep on stacking those sats.

This part is correct too.. so if you are going to invest at all in life in financial ways and in other ways, then you have to figure out how you are going to invest such time, money and energies and so bitcoin may well be a place that is at least as good if not better than others, yet there are possibilities that you could be wrong and you have to take responsibilities over your choices..

and personally, I believe that it is good for a new investor to only focus on bitcoin and cash and to work in that direction of building up bitcoin and cash until maybe at some point he figures that there is some value in diversification, yet guys have to still figure out the balance that works for them and if they end up losing all their money because bitcoin does not work out, then that was their choice and they should not be blaming some random person on the internet who believes that starting out with bitcoin and cash is a good place to start with any newbie investor and bitcoin may also be a good place to add for an experienced investor who does not have bitcoin in their investment portfolio, so if they are an experienced investor, they have to figure out their allocation amounts into bitcoin versus any other place, and whether they allocate 5% to 25% into bitcoin might depend on what other things that they had historically been investing into and how they end up calculating the value of their already existing investments and then how to reach some of their BTC targeted amounts, and getting to their bTC allocation target amounts could take years rather than months depending on their overall investment portfolio situation, cashflow and other circumstances, maybe including the 9 individual factors that I mentioned in another of my posts..

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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