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Author Topic: Road to 100k?  (Read 12918 times)
JayJuanGee
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October 02, 2024, 02:08:56 PM
 #1721

The road to $100K may be littered with corrections and doubt, but I don’t think there are too many of us who don’t believe we will reach it. I think the odds are actually far higher that Bitcoin hits a $100,000 price per coin in the next 12 months than it not doing so. It’s no wonder Blackrock is telling people to load up on BTC.
As the price of Bitcoin rises, we must participate in the investment, those who are still without investment in Bitcoin, participate quickly. Because the price of Bitcoin will start its journey towards the maximum speed from this October month, because the bull market is very close at the moment. 
So in current situation we have to collect bitcoin based on DCA method if it is able to keep holding for a long time. And even if the Bitcoin market rises in these difficult conditions, it will save on the purchase price, which in hindsight can make a huge profit every time you buy Bitcoin.
Yea, I agree to the fact that the bull season is right by the Conner, so when the bull season comes, then what? Are you planning on selling your Bitcoin investment for minimal gains? Or you are one of those traders that buy and sell anytime their is a slit increments in the value of Bitcoin, or those set of traders that buy and sell only during the bull season, bro to be honest with you here, you can't build a generational wealth by selling off your holdings for minimal gains during the bull season, but if you can buy and hold your Bitcoin without tempering with it regardless of the value for like 10 to 20 years time from now,  you can actually achieve something great, because I believe that  the potential of Bitcoin is extremely high, and it has the capacity of building a generational wealth for you if you can ignore the distractions and hold relentlessly for like 10 to 20 years, by then I believe that it might have done from 10x to 20x of it current price, so in essence of what am trying to say is that wether we are in the bull season or not, the goal is not to sell during the bull season, but to hold for a very long period of time in other to achieve something great.

I would suggest that we have been in a bull market since November 2022, even though we might not have had realized that we are in a bull market until either mid-2023 or perhaps even October-ish of 2023.

Sure, we don't really know where the top of this particular bull market is going to be, and yeah we seem to have been in a correction since about March 2024, and sometimes the corrections end up turning into a bear market, yet personally I have my doubts about the bull market being over, so then the next question still comes from how high the bull market might be for this cycle, and what might be our plans for such bull market if it continues.  I would think that most newbies would just continue to accumulate BTC, yet no one really wants to be buying at or near the top, yet how is a newbie going to know whether we are at or near a top?  Selling seems to be even a worse idea, especially for a newbie,

but yeah, each person has to figure out these matters for themselves in regard to what kind of tactics they are going to want to use if they might at least be able to concede that their main goal is to accumulate bitcoin.. and so I have my doubts about whether selling is a good tactic to accumulate more bitcoin, even though some guys might try to strategize their BTC buys based on the BTC price, which also might end up contributing to their underaccumulating bitcoin, but each  person has to figure out based on his own circumstances how he might consider engaging in such ongoing attempts to accumulate BTC, if that might happen to be part of the newbie's goal set,

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
cryptoWODL
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October 02, 2024, 02:18:29 PM
 #1722

As the price of Bitcoin rises, we must participate in the investment, those who are still without investment in Bitcoin, participate quickly. Because the price of Bitcoin will start its journey towards the maximum speed from this October month, because the bull market is very close at the moment.  
So in current situation we have to collect bitcoin based on DCA method if it is able to keep holding for a long time. And even if the Bitcoin market rises in these difficult conditions, it will save on the purchase price, which in hindsight can make a huge profit every time you buy Bitcoin.

Why should we participate in investing as the price of Bitcoin rises? Can't we participate in the investment by buying Bitcoin at any moment of the market? With proper planning and proper money management, Bitcoins can be bought and even invested at any moment in the market. One should not invest with greedy tendencies as dips and bulls can occur at any time in the market. Plan to hold the investment for the long term and be determined that even if the price of Bitcoin falls, your investment will not be disrupted i.e. not stopped.

Moreover, try to continue the investment continuously for a long period of time without being tempted to sell the investment on a slight rise in the market. You will have more success with long-term investments than you will with short-term growth. The longer you invest, the more your invested portfolio will grow and the more successful your investment will be.

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asarfiar
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October 03, 2024, 02:12:48 AM
 #1723


For me the fire is still burning, Grin Where`s the fun if there is no up and down movement before the main surging of prices . I still have strong confidence that bitcoin going to surge to the price range of $100k , and even more than that .that is why folks have to keep their accumulation and holding going, especially focusing on accumulating more than sat down waiting for the price to surge (those that haven`t gotten far in their accumulation) .
Definitely buy and hold Bitcoin if you want to potentially make big profits. One strategy for buying and holding Bitcoin is to consider it a long-term investment rather than a short-term trade. We should definitely believe in the long-term growth potential of Bitcoin and hold on to it despite the short-term price upswing, as it is not long before Bitcoin rises to 100K or above.
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October 03, 2024, 02:50:58 AM
 #1724

but yeah, each person has to figure out these matters for themselves in regard to what kind of tactics they are going to want to use if they might at least be able to concede that their main goal is to accumulate bitcoin.. and so I have my doubts about whether selling is a good tactic to accumulate more bitcoin, even though some guys might try to strategize their BTC buys based on the BTC price, which also might end up contributing to their underaccumulating bitcoin, but each  person has to figure out based on his own circumstances how he might consider engaging in such ongoing attempts to accumulate BTC, if that might happen to be part of the newbie's goal set,
Investing in Bitcoin doesn't have to be tied to its rising price with a solid plan and smart money management you can jump into the market at any time the key is to avoid greedy impulses and embrace a long term perspective weathering dips and bulls alike don't get distracted by short term gains holding onto your investment through ups and downs yields more rewards than constantly buying and selling consistency is crucial continue investing steadily over time resisting the urge to sell at the first sign of profit this patient approach allows your portfolio to grow substantially ensuring a successful investment journey by focusing on the big picture you'll reap the benefits of long term growth making your investment a true success story.
JayJuanGee
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October 03, 2024, 08:10:54 AM
 #1725

but yeah, each person has to figure out these matters for themselves in regard to what kind of tactics they are going to want to use if they might at least be able to concede that their main goal is to accumulate bitcoin.. and so I have my doubts about whether selling is a good tactic to accumulate more bitcoin, even though some guys might try to strategize their BTC buys based on the BTC price, which also might end up contributing to their underaccumulating bitcoin, but each  person has to figure out based on his own circumstances how he might consider engaging in such ongoing attempts to accumulate BTC, if that might happen to be part of the newbie's goal set,
Investing in Bitcoin doesn't have to be tied to its rising price with a solid plan and smart money management you can jump into the market at any time the key is to avoid greedy impulses and embrace a long term perspective weathering dips and bulls alike don't get distracted by short term gains holding onto your investment through ups and downs yields more rewards than constantly buying and selling consistency is crucial continue investing steadily over time resisting the urge to sell at the first sign of profit this patient approach allows your portfolio to grow substantially ensuring a successful investment journey by focusing on the big picture you'll reap the benefits of long term growth making your investment a true success story.

It seems that if you are an investor rather than a trader, then you can buy at any time, and your time horizon would be 4-10 years or longer, so then if you are new to bitcoin it could take you a while to build up your BTC position.

If you are planning to get in and out in less than 4 years from times of any of your investments into bitcoin, I would consider you to be a trader rather than an investor, which sure people can do what they want, even though bitcoin seems to be amongst the best, if not the best, of investments currently widely available to a broad swath of the world's population, whether rich or poor.

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
Sebas.tian
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October 03, 2024, 08:38:22 AM
 #1726

Quote from: cryptoWODL
Quote from: Popkon6
As the price of Bitcoin rises, we must participate in the investment, those who are still without investment in Bitcoin, participate quickly. Because the price of Bitcoin will start its journey towards the maximum speed from this October month, because the bull market is very close at the moment.  
So in current situation we have to collect bitcoin based on DCA method if it is able to keep holding for a long time. And even if the Bitcoin market rises in these difficult conditions, it will save on the purchase price, which in hindsight can make a huge profit every time you buy Bitcoin.

Why should we participate in investing as the price of Bitcoin rises? Can't we participate in the investment by buying Bitcoin at any moment of the market? With proper planning and proper money management, Bitcoins can be bought and even invested at any moment in the market. One should not invest with greedy tendencies as dips and bulls can occur at any time in the market. Plan to hold the investment for the long term and be determined that even if the price of Bitcoin falls, your investment will not be disrupted i.e. not stopped.

Moreover, try to continue the investment continuously for a long period of time without being tempted to sell the investment on a slight rise in the market. You will have more success with long-term investments than you will with short-term growth. The longer you invest, the more your invested portfolio will grow and the more successful your investment will be.

Why not, you can participate when the price of Bitcoin is increasing in the market when you are financial buoyant, because the price of Bitcoin will not remain in that particular price forever which it will continue to go up and down. Yes, you can be purchasing Bitcoin any movement from the market when you have other sources of income, because you will be purchasing Bitcoin to continue to increasing your Bitcoin in your wallet as DCA, which is the best method many Bitcoin investors are using to gather huge amount of Bitcoin to achieve incomes that will satisfy them. Those that are into long term holding, we definitely experience bullish season that will lead to $100,000 no matter the bearish season that may happen again before the price of Bitcoin will move to $100,000.

wmaurik
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October 03, 2024, 10:17:13 AM
 #1727

Definitely buy and hold Bitcoin if you want to potentially make big profits. One strategy for buying and holding Bitcoin is to consider it a long-term investment rather than a short-term trade. We should definitely believe in the long-term growth potential of Bitcoin and hold on to it despite the short-term price upswing, as it is not long before Bitcoin rises to 100K or above.

Everyone does have hopes of seeing Bitcoin's price reach $100K or more in the not-so-distant future, but considering the current market conditions that are still experiencing rapid changes when there is a war and sudden attacks in a region like what happened two days ago. Of course, every investor must be able to hold their own assets by not changing them to other asset models so that the Bitcoin price can remain at a better level. However, what we see now really tests our mentality in holding Bitcoin assets so that holders such as investors and others must be able to understand that this condition is only temporary because Bitcoin can become more expensive again without something more unique happening.

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Marvelockg
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October 03, 2024, 02:23:27 PM
 #1728

Definitely buy and hold Bitcoin if you want to potentially make big profits. One strategy for buying and holding Bitcoin is to consider it a long-term investment rather than a short-term trade. We should definitely believe in the long-term growth potential of Bitcoin and hold on to it despite the short-term price upswing, as it is not long before Bitcoin rises to 100K or above.

Everyone does have hopes of seeing Bitcoin's price reach $100K or more in the not-so-distant future, but considering the current market conditions that are still experiencing rapid changes when there is a war and sudden attacks in a region like what happened two days ago. Of course, every investor must be able to hold their own assets by not changing them to other asset models so that the Bitcoin price can remain at a better level. However, what we see now really tests our mentality in holding Bitcoin assets so that holders such as investors and others must be able to understand that this condition is only temporary because Bitcoin can become more expensive again without something more unique happening.
wars and international unrest is what's a part of life and as long as existence continues, we are going to see more of it and it's not going to affect Bitcoin price alone but it will affect the whole global economic structure as long as they have dealing with the affected area.

More than most popular asset, Bitcoin has managed to survive amidst all these trends and we've seen it going higher and bouncing back at all the times it has ever witnessed some level of correction which goes to show the level of a resistive asset it is. Being profitable from ones Bitcoin investment entails that you become used to these volatility and keep building your Bitcoin stack while it's at these prices that's lower than what it will get to in the coming years. The Ups and DIP only looks like a big deal because people are likely looking at it from a short term angle. If you're considering that your investment goal is to keep buying till the end of this circle and even the coming one which we are certain that before then, Bitcoin price would certainly go past $100k, you will discover that these correction or the price that seems too high isn't anything at all and that when Bitcoin goes above $100k, buying at these range of prices wouldn't matter at all.


Muba20
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October 03, 2024, 03:10:00 PM
 #1729

Definitely buy and hold Bitcoin if you want to potentially make big profits. One strategy for buying and holding Bitcoin is to consider it a long-term investment rather than a short-term trade. We should definitely believe in the long-term growth potential of Bitcoin and hold on to it despite the short-term price upswing, as it is not long before Bitcoin rises to 100K or above.
However, what we see now really tests our mentality in holding Bitcoin assets so that holders such as investors and others must be able to understand that this condition is only temporary because Bitcoin can become more expensive again without something more unique happening.
It is normal for the market to turn in any condition at any time. Recently there has been a big change in the Bitcoin price due to the renewed war. Bitcoin dips at times when Bitcoin is supposed to be bullish, which may seem unusual to many, but these dips are turning into opportunities for those who have invested in Bitcoin for the long term and who are investing regularly. Sudden fall may affect the market temporarily, it is not a major hindrance in the long run. But those who are investing to get profitable quickly from Bitcoin must be aware. Bitcoin is not a quick earn scheme. Here investors should be patient. A major advantage for a long-term Bitcoin investor is that market price fluctuations cannot make any barrier for them.

Awaklara
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October 03, 2024, 03:50:04 PM
 #1730

More than most popular asset, Bitcoin has managed to survive amidst all these trends and we've seen it going higher and bouncing back at all the times it has ever witnessed some level of correction which goes to show the level of a resistive asset it is. Being profitable from ones Bitcoin investment entails that you become used to these volatility and keep building your Bitcoin stack while it's at these prices that's lower than what it will get to in the coming years. The Ups and DIP only looks like a big deal because people are likely looking at it from a short term angle. If you're considering that your investment goal is to keep buying till the end of this circle and even the coming one which we are certain that before then, Bitcoin price would certainly go past $100k, you will discover that these correction or the price that seems too high isn't anything at all and that when Bitcoin goes above $100k, buying at these range of prices wouldn't matter at all.

it can happen because there is a chance that Bitcoin will have a higher price when the price has reached $ 100k. market confidence is increasing and anyone who sees how Bitcoin continues to grow over time will never doubt that Bitcoin will reach the price that everyone dreams of today.
wiser investors will plan their investments for the long term. but novice investors with little experience will always feel restless when market movements make them more panicked.

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Ruttoshi
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October 03, 2024, 04:23:51 PM
 #1731

Quote from: cryptoWODL
Quote from: Popkon6
As the price of Bitcoin rises, we must participate in the investment, those who are still without investment in Bitcoin, participate quickly. Because the price of Bitcoin will start its journey towards the maximum speed from this October month, because the bull market is very close at the moment.  
So in current situation we have to collect bitcoin based on DCA method if it is able to keep holding for a long time. And even if the Bitcoin market rises in these difficult conditions, it will save on the purchase price, which in hindsight can make a huge profit every time you buy Bitcoin.

Why should we participate in investing as the price of Bitcoin rises? Can't we participate in the investment by buying Bitcoin at any moment of the market? With proper planning and proper money management, Bitcoins can be bought and even invested at any moment in the market. One should not invest with greedy tendencies as dips and bulls can occur at any time in the market. Plan to hold the investment for the long term and be determined that even if the price of Bitcoin falls, your investment will not be disrupted i.e. not stopped.

Moreover, try to continue the investment continuously for a long period of time without being tempted to sell the investment on a slight rise in the market. You will have more success with long-term investments than you will with short-term growth. The longer you invest, the more your invested portfolio will grow and the more successful your investment will be.

Why not, you can participate when the price of Bitcoin is increasing in the market when you are financial buoyant, because the price of Bitcoin will not remain in that particular price forever which it will continue to go up and down. Yes, you can be purchasing Bitcoin any movement from the market when you have other sources of income, because you will be purchasing Bitcoin to continue to increasing your Bitcoin in your wallet as DCA, which is the best method many Bitcoin investors are using to gather huge amount of Bitcoin to achieve incomes that will satisfy them. Those that are into long term holding, we definitely experience bullish season that will lead to $100,000 no matter the bearish season that may happen again before the price of Bitcoin will move to $100,000.
We are not in the bear market but in the bull market and I don't think that we will see any bear market if not after the bull run have come in proper by next year 2025 and go. When there is a dip in bitcoin price, it is not called bear market but correction in price.

This is why no matter how many times we experience a dip in bitcoin price, it is an opportunity for you to buy bitcoin in discount price which is the main reason why if you are still new to Bitcoin accumulation, you are to keep on buying regularly every week constantly so that you can benefit from the price fluctuation of bitcoin overtime.

It is certain that we would see $100k price and even more higher price in future. Therefore, our main goal is to stay focus on accumulating more bitcoin continuously to build and grow your bitcoin investment portfolio to a higher level with the passage of time to have a strong financial structure in future.

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I_Anime
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October 03, 2024, 05:50:29 PM
 #1732

I would suggest that we have been in a bull market since November 2022, even though we might not have had realized that we are in a bull market until either mid-2023 or perhaps even October-ish of 2023.

Sure, we don't really know where the top of this particular bull market is going to be, and yeah we seem to have been in a correction since about March 2024, and sometimes the corrections end up turning into a bear market, yet personally I have my doubts about the bull market being over, so then the next question still comes from how high the bull market might be for this cycle, and what might be our plans for such bull market if it continues.  I would think that most newbies would just continue to accumulate BTC, yet no one really wants to be buying at or near the top, yet how is a newbie going to know whether we are at or near a top?  Selling seems to be even a worse idea, especially for a newbie,

but yeah, each person has to figure out these matters for themselves in regard to what kind of tactics they are going to want to use if they might at least be able to concede that their main goal is to accumulate bitcoin.. and so I have my doubts about whether selling is a good tactic to accumulate more bitcoin, even though some guys might try to strategize their BTC buys based on the BTC price, which also might end up contributing to their underaccumulating bitcoin, but each  person has to figure out based on his own circumstances how he might consider engaging in such ongoing attempts to accumulate BTC, if that might happen to be part of the newbie's goal set

Imo I won't advice any newbies to fix their mind in this bullrun as their gaol , because I believe that alot of newbies are already planning on how to sell their Bitcoin during the price range of $100kish  , which by that time some folks may have not accumulated enough Bitcoin for themselves and that would seems like more of trading than investing.

I know that most newbies are really eager to see the bullrun at it peak (yeah we all though) , but for someone who goal is to accumulate bitcoin for long-term purposes like 4-10 years shouldn't focus more on this bullrun alone but rather accumulate more coin for the next circle or more than , inorder for that investment to be profitable ( though we can't tell howfar Bitcoin would have gone then ) but I believe, that it would worth it , so what am aiming at is that selling all your Bitcoin stash won't be smart at all especially as a newbies during this bullrun, instead focus more on the future and I pray we will be alive then to see it happen.

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October 03, 2024, 06:35:44 PM
 #1733

I would suggest that we have been in a bull market since November 2022, even though we might not have had realized that we are in a bull market until either mid-2023 or perhaps even October-ish of 2023.

Sure, we don't really know where the top of this particular bull market is going to be, and yeah we seem to have been in a correction since about March 2024, and sometimes the corrections end up turning into a bear market, yet personally I have my doubts about the bull market being over, so then the next question still comes from how high the bull market might be for this cycle, and what might be our plans for such bull market if it continues.  I would think that most newbies would just continue to accumulate BTC, yet no one really wants to be buying at or near the top, yet how is a newbie going to know whether we are at or near a top?  Selling seems to be even a worse idea, especially for a newbie,

but yeah, each person has to figure out these matters for themselves in regard to what kind of tactics they are going to want to use if they might at least be able to concede that their main goal is to accumulate bitcoin.. and so I have my doubts about whether selling is a good tactic to accumulate more bitcoin, even though some guys might try to strategize their BTC buys based on the BTC price, which also might end up contributing to their underaccumulating bitcoin, but each  person has to figure out based on his own circumstances how he might consider engaging in such ongoing attempts to accumulate BTC, if that might happen to be part of the newbie's goal set
Imo I won't advice any newbies to fix their mind in this bullrun as their gaol , because I believe that alot of newbies are already planning on how to sell their Bitcoin during the price range of $100kish  , which by that time some folks may have not accumulated enough Bitcoin for themselves and that would seems like more of trading than investing.

I know that most newbies are really eager to see the bullrun at it peak (yeah we all though) , but for someone who goal is to accumulate bitcoin for long-term purposes like 4-10 years shouldn't focus more on this bullrun alone but rather accumulate more coin for the next circle or more than , inorder for that investment to be profitable ( though we can't tell howfar Bitcoin would have gone then ) but I believe, that it would worth it , so what am aiming at is that selling all your Bitcoin stash won't be smart at all especially as a newbies during this bullrun, instead focus more on the future and I pray we will be alive then to see it happen.

I have frequently considered that it is good to prepare for a variety of scenarios and to have some flexibility in your plans and your actions, and sure if you are still feeling that you are in your relatively early stages of your accumulation phase, then you figure out your level of aggressiveness in your BTC accumulation and just continue to pursue such ongoing accumulation within your means, and surely you might have some ideas of best case scenarios, medium case scenarios and worse case scenarios, and you should have some tentative plans for any of those scenarios, and with the passage of time, you can see where you are at and it seems quite likely that your scenarios are going to start from where we are at right now versus where we were at when you first started to trajectory out various possible scenarios.. . so in other words, some of the scenarios become more concrete including that down the road, you are also going to be able to see and to assess how you have been doing in your BTC accumulation journey, too..

It is one thing to project out that in 5 years you expect to have 1 or 2 years worth of your expenses saved up through bitcoin and/or through your emergency funds and back up funds, versus getting out 5 years after you have invested and if you see that you are either right on target because you have 1.5 years accumulated, or if you might see that you are ahead of or behind schedule, and you can attempt to figure out why you are where you are at and/or whether you might feel some need to tweak your plans and/or your actions based on where you are at versus where you might have had projected yourself to be within such time period.  I have found that sometimes with a fairly aggressive plan, there could be times when you end up ahead of schedule and other times where it might seem that you are not really making very much progress.. so even if the value of your BTC has not gone up, but for example, if you end up having 0.85 BTC after 5 years rather than your projected 0.7 BTC, then you might feel that you are making good progress, even if the BTC price (value) might not be as high as you had projected it to be at that time... so maybe after 5 years, you start considering that you might be able to reach 1.5 BTC after 10 years rather than you initial projection of getting up to 1 BTC after 10 years... so these are signs of progress, and you might not even be clear about how your valuation frameworks might end up adjusting from the time that you started buying BTC until the time that you have been buying BTC for 5 years, since presumptively you had been studying aspects of bitcoin through that whole time that you had been investing into it... so even some aspects of your valuation framework might change over those 5 years of BTC accumulation.

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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October 03, 2024, 08:33:55 PM
 #1734



I have frequently considered that it is good to prepare for a variety of scenarios and to have some flexibility in your plans and your actions, and sure if you are still feeling that you are in your relatively early stages of your accumulation phase, then you figure out your level of aggressiveness in your BTC accumulation and just continue to pursue such ongoing accumulation within your means, and surely you might have some ideas of best case scenarios, medium case scenarios and worse case scenarios, and you should have some tentative plans for any of those scenarios, and with the passage of time, you can see where you are at and it seems quite likely that your scenarios are going to start from where we are at right now versus where we were at when you first started to trajectory out various possible scenarios.. . so in other words, some of the scenarios become more concrete including that down the road, you are also going to be able to see and to assess how you have been doing in your BTC accumulation journey, too..

It is one thing to project out that in 5 years you expect to have 1 or 2 years worth of your expenses saved up through bitcoin and/or through your emergency funds and back up funds, versus getting out 5 years after you have invested and if you see that you are either right on target because you have 1.5 years accumulated, or if you might see that you are ahead of or behind schedule, and you can attempt to figure out why you are where you are at and/or whether you might feel some need to tweak your plans and/or your actions based on where you are at versus where you might have had projected yourself to be within such time period.  I have found that sometimes with a fairly aggressive plan, there could be times when you end up ahead of schedule and other times where it might seem that you are not really making very much progress.. so even if the value of your BTC has not gone up, but for example, if you end up having 0.85 BTC after 5 years rather than your projected 0.7 BTC, then you might feel that you are making good progress, even if the BTC price (value) might not be as high as you had projected it to be at that time... so maybe after 5 years, you start considering that you might be able to reach 1.5 BTC after 10 years rather than you initial projection of getting up to 1 BTC after 10 years... so these are signs of progress, and you might not even be clear about how your valuation frameworks might end up adjusting from the time that you started buying BTC until the time that you have been buying BTC for 5 years, since presumptively you had been studying aspects of bitcoin through that whole time that you had been investing into it... so even some aspects of your valuation framework might change over those 5 years of BTC accumulation


Well when it comes to my accummulation I don't believe I will be the point I am now compare to the way I started, so far have been able to see some progress in my accumulation due to the help have gotten so far from this threads concerning how to hold and secure a better long-term investment in bitcoin. Though I haven't gotten close to my goal , doesn't mean I won't appreciate howfar have come , well like I said before usually set some mini goals in my main goal .

When I said mining goal I meant I usually have some goal fixed to make things more excited, like for instance my main goal is one BTC, so I can fix different price interval as my mini goals ( just come up with the name though Cheesy) , so my first goal can be 0.05 BTC then 0.1, then 0.15... then 1 BTC.  I believe that with this I can position my self well in my accummulation to know when I can get aggressive (but I'm usually aggressive when comes to my Bitcoin accumulation) without over doing it   though, but with time I am going to hit the main goal .

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October 03, 2024, 10:03:48 PM
 #1735

Imo I won't advice any newbies to fix their mind in this bullrun as their gaol , because I believe that alot of newbies are already planning on how to sell their Bitcoin during the price range of $100kish  , which by that time some folks may have not accumulated enough Bitcoin for themselves and that would seems like more of trading than investing.
Not only newbie, but what I want to let you know is that theirs some people whose investment in bitcoin is long-term investment and theirs some investment is short-term investment, so probably those ones their aim is short-term investment do concentrate on profit of that moment, they don't think of the future market of Bitcoin determination, what I really wants us to understand is that bitcoin investment is directly meant or invest due to your obligations towards the investment, the thing is that anyone who have in mind to accumulate bitcoin will allow it to last or stay for period of some years.

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JayJuanGee
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October 04, 2024, 04:30:36 AM
 #1736

Imo I won't advice any newbies to fix their mind in this bullrun as their gaol , because I believe that alot of newbies are already planning on how to sell their Bitcoin during the price range of $100kish  , which by that time some folks may have not accumulated enough Bitcoin for themselves and that would seems like more of trading than investing.
Not only newbie, but what I want to let you know is that theirs some people whose investment in bitcoin is long-term investment and theirs some investment is short-term investment, so probably those ones their aim is short-term investment do concentrate on profit of that moment, they don't think of the future market of Bitcoin determination, what I really wants us to understand is that bitcoin investment is directly meant or invest due to your obligations towards the investment, the thing is that anyone who have in mind to accumulate bitcoin will allow it to last or stay for period of some years.

There is no such thing as short term investing.  You are using the term short term investor to describe trading. ... So when it comes to bitcoin anything less than 4 years is not investing.. it is trading. .you are wanting to play some kind of a price wave.  Yeah you might fool yourself into believing that you are investing because you have 1 or 2 or even 3 years, but you are just playing the trade.. Most likely to really consider bitcoin as an investment you need to think in terms of 10 years or more... otherwise, it seems that you are mixing up trading and investing, since it sounds like you are just trying to get in and then out of it with some short term fiat profits and you are not really considering holding it long term.

Call it whatever you like, but you are misleading others and maybe even misleading yourself if you think that getting in and out in a few years is actually investing rather than trading.

There may be some exceptions to the idea because for age reasons or for health reasons a guy might not be able to be sure that he has at least 4 years to invest into bitcoin, and in those cases, he might not be in a position to invest into bitcoin if he does not have at least 4 years, and he would be gambling or trying to play a price wave that might not end up working out for him.

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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October 04, 2024, 09:40:29 AM
 #1737

Imo I won't advice any newbies to fix their mind in this bullrun as their gaol , because I believe that alot of newbies are already planning on how to sell their Bitcoin during the price range of $100kish  , which by that time some folks may have not accumulated enough Bitcoin for themselves and that would seems like more of trading than investing.
Not only newbie, but what I want to let you know is that theirs some people whose investment in bitcoin is long-term investment and theirs some investment is short-term investment, so probably those ones their aim is short-term investment do concentrate on profit of that moment, they don't think of the future market of Bitcoin determination, what I really wants us to understand is that bitcoin investment is directly meant or invest due to your obligations towards the investment, the thing is that anyone who have in mind to accumulate bitcoin will allow it to last or stay for period of some years.

There is no such thing as short term investing.  You are using the term short term investor to describe trading. ... So when it comes to bitcoin anything less than 4 years is not investing.. it is trading. .you are wanting to play some kind of a price wave.  Yeah you might fool yourself into believing that you are investing because you have 1 or 2 or even 3 years, but you are just playing the trade.. Most likely to really consider bitcoin as an investment you need to think in terms of 10 years or more... otherwise, it seems that you are mixing up trading and investing, since it sounds like you are just trying to get in and then out of it with some short term fiat profits and you are not really considering holding it long term.

Call it whatever you like, but you are misleading others and maybe even misleading yourself if you think that getting in and out in a few years is actually investing rather than trading.

There may be some exceptions to the idea because for age reasons or for health reasons a guy might not be able to be sure that he has at least 4 years to invest into bitcoin, and in those cases, he might not be in a position to invest into bitcoin if he does not have at least 4 years, and he would be gambling or trying to play a price wave that might not end up working out for him.
The True investment in bitcoin requires a long-term commitment to really see the benefits, bitcoin investment is all about accumulating and holding for the future growth  potentials. Bitcoin has shown significant growth in price and value and many believe in its potentials to continue growing. Just think about those who invested early and stayed committed to that long-term perspective, The benefits they have reaped are massive. Referring to short-term investment simply suggest trading because when it comes to bitcoin investment there is need for commitment and long term perspective and having that bigger picture of your investment outcome in the future.
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October 04, 2024, 03:38:38 PM
 #1738

Imo I won't advice any newbies to fix their mind in this bullrun as their gaol , because I believe that alot of newbies are already planning on how to sell their Bitcoin during the price range of $100kish  , which by that time some folks may have not accumulated enough Bitcoin for themselves and that would seems like more of trading than investing.
Not only newbie, but what I want to let you know is that theirs some people whose investment in bitcoin is long-term investment and theirs some investment is short-term investment, so probably those ones their aim is short-term investment do concentrate on profit of that moment, they don't think of the future market of Bitcoin determination, what I really wants us to understand is that bitcoin investment is directly meant or invest due to your obligations towards the investment, the thing is that anyone who have in mind to accumulate bitcoin will allow it to last or stay for period of some years.

There is no such thing as short term investing.  You are using the term short term investor to describe trading. ... So when it comes to bitcoin anything less than 4 years is not investing.. it is trading. .you are wanting to play some kind of a price wave.  Yeah you might fool yourself into believing that you are investing because you have 1 or 2 or even 3 years, but you are just playing the trade.. Most likely to really consider bitcoin as an investment you need to think in terms of 10 years or more... otherwise, it seems that you are mixing up trading and investing, since it sounds like you are just trying to get in and then out of it with some short term fiat profits and you are not really considering holding it long term.

Call it whatever you like, but you are misleading others and maybe even misleading yourself if you think that getting in and out in a few years is actually investing rather than trading.

There may be some exceptions to the idea because for age reasons or for health reasons a guy might not be able to be sure that he has at least 4 years to invest into bitcoin, and in those cases, he might not be in a position to invest into bitcoin if he does not have at least 4 years, and he would be gambling or trying to play a price wave that might not end up working out for him.
You are right, when we talk about Bitcoin trading some people mistook it to forex trading they feel Bitcoin trading is like forex trading were you put in money now and within some some minutes or hours you pull out your money and make profit or lose, when it comes to bitcoin trading is totally different you buy Bitcoin and wait for it to grow a little bit so you can sell and make your profit it may either work as predicted or fail and the process of this usually takes 1 to 3 years and for that reason any Bitcoin investment that is not up to 5 years and above is not Bitcoin investment but trading.
Now from this explanation made above you will see there's no such thing like Short them Bitcoin investment and so you are right what people call short term Bitcoin investment is actually Bitcoin trading.
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October 04, 2024, 05:02:48 PM
 #1739


Call it whatever you like, but you are misleading others and maybe even misleading yourself if you think that getting in and out in a few years is actually investing rather than trading.

There may be some exceptions to the idea because for age reasons or for health reasons a guy might not be able to be sure that he has at least 4 years to invest into bitcoin, and in those cases, he might not be in a position to invest into bitcoin if he does not have at least 4 years, and he would be gambling or trying to play a price wave that might not end up working out for him

That's right play with the market or price wave , is more of a trader thing not investors . And it is normally use for shitcoins which may not go well for you ( speaking with experience though). When I was try to play with the market wave back then usually endup with losses despite making little profit, but the losses still kept overwhelming. That's why I don't encourage newbies to trade , especially without any proper knowledge or skills .

Sometimes I will see some folks saying that there's nothing wrong checking on market trend  regularly as an bitcoin Investor, which is not right if you are fully ready to go into Bitcoin for long-term you have to do it right by following the right procedures , so that you won't endup ruin what you have built in your Bitcoin investment.

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October 04, 2024, 11:49:50 PM
 #1740


Call it whatever you like, but you are misleading others and maybe even misleading yourself if you think that getting in and out in a few years is actually investing rather than trading.

There may be some exceptions to the idea because for age reasons or for health reasons a guy might not be able to be sure that he has at least 4 years to invest into bitcoin, and in those cases, he might not be in a position to invest into bitcoin if he does not have at least 4 years, and he would be gambling or trying to play a price wave that might not end up working out for him

That's right play with the market or price wave , is more of a trader thing not investors . And it is normally use for shitcoins which may not go well for you ( speaking with experience though). When I was try to play with the market wave back then usually endup with losses despite making little profit, but the losses still kept overwhelming. That's why I don't encourage newbies to trade , especially without any proper knowledge or skills .

Sometimes I will see some folks saying that there's nothing wrong checking on market trend  regularly as an bitcoin Investor, which is not right if you are fully ready to go into Bitcoin for long-term you have to do it right by following the right procedures , so that you won't endup ruin what you have built in your Bitcoin investment.

Its like they are playing with fire with those situation and there's no guarantee to see fast growth in that time span. Most likely they are targeting shitcoins with that matter since most likely they would see fast result but usually what end up faster is their potential losses for bad decisions they make from those very wrong decisions they take.

They should prolong their outlook towards how towards bitcoin investment and when they starting up dealing on what they think long term investment aside from accumulating they must extend their knowledge so that they can deal with everything happened when they are in phase of accumulation. For sure they would realize that 2 years is not enough and most likely they will fell short with that thinking.

R


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