🔥 Bitcoin Buy and Hold 👑

[redsun114]

I still regret thinking about that day not long ago when Bitcoin was $24k. I had $800 worth of bitcoins and when Bitcoin hit $45K, out of necessity I sold $700. Fortunately, there were $100 worth of bitcoins left which is around $500 at this time. Now, every time I look at my wallet I feel sorry for my sold BTCs and I wish I had them too.

Overall, it's all about patience and having enough belief and also having enough funds in hand so that you don't need to sell your Bitcoin when you face an emergency like me. If none of this is the case, I would always advise people not to sell their BTC unnecessarily because Bitcoin is going to go up a lot, and we are just getting started, bull run is yet to come.

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[DanWalker]

I still regret thinking about that day not long ago when Bitcoin was $24k. I had $800 worth of bitcoins and when Bitcoin hit $45K, out of necessity I sold $700. Fortunately, there were $100 worth of bitcoins left which is around $500 at this time. Now, every time I look at my wallet I feel sorry for my sold BTCs and I wish I had them too.

Overall, it's all about patience and having enough belief and also having enough funds in hand so that you don't need to sell your Bitcoin when you face an emergency like me. If none of this is the case, I would always advise people not to sell their BTC unnecessarily because Bitcoin is going to go up a lot, and we are just getting started, bull run is yet to come.

It's your fault, why don't you have money saved for emergencies and then when something happens to you, you have to reluctantly sell your bitcoins? Additionally, selling bitcoins to deal with emergencies is a good thing to do because if you don't have those bitcoins, what will you do to get through that situation? So don't regret too much about what happened. And yet, you still have plenty of time to accumulate the bitcoins you sold, why do you regret it?

[wyman33]

It's inspiring to hear about your journey with Bitcoin, turning $100 into $1130 through buy and hold strategies. Your dedication and commitment to avoiding addictive behaviors like gambling are commendable, showcasing the potential for a bright future with Bitcoin and responsible trading.

[blckhawk]

The truth about gambling is that when you do it, consider the money gone. Just be realistic that there’s every tendency you’ll never get the money. I don’t see why he switched to gambling if the 5 months were really good for him. All he had to do was to just continue with whatever pattern that was making him money. Gambling is best done if you have a stable income source and you have control on how often you do it.

It's difficult to control how you do your gambling habit is but I totally agree with you that the only way that you can do it is through discipline, no other way around it however I don't agree on the fact that it's best done when you've got a stable income because I do think that you don't need to suffer from it even when you do have the choice to gamble and not worry about the money, gambling is a pitfall that's difficult to get out of even if you've got the money to survive that pitfall, I'd say that gambling shouldn't be something that's considered an option when you have an excess money.

[MainIbem]

It's difficult to control how you do your gambling habit is but I totally agree with you that the only way that you can do it is through discipline, no other way around it however I don't agree on the fact that it's best done when you have got a stable income because I do think that you do not need to suffer from it even when you do have the choice to gamble and not worry about the money, gambling is a pitfall that's difficult to get out of even if you've got the money to survive that pitfall, I'd say that gambling shouldn't be something that's considered an option when you have an excess money.

 I agree with your statement and I think you chose the right words to use concerning gambling but I think everything that have a disadvantage also have an advantage as well, i won't advise a poor person to go into gambling or see it as an option to earn a fortune, though some people have been very lucky to make a fortune through it, but it is very rare else the house won't be getting more edge than bettors, I think gambling should be for the wealthy ones who have extra cash to spare for fun and entertainment cause that's the best way to go about it, we all know that there is a lot of risk involved in it and the rate of loses from gamblers in a day should be greater than that of those who win but then no one should be happy losing money that is why it should be meant for rich people who have more than enough with different sources of income, not a poor man trying to survive. Instead of gambling for survival I will rather invest my money in Bitcoin I know they are  both risky if done out of ignorance but I could manage the risk that comes with Bitcoin due to it's volatility and i would not up losing everything compared to gambling.

[Bd officer]

I still regret thinking about that day not long ago when Bitcoin was $24k. I had $800 worth of bitcoins and when Bitcoin hit $45K, out of necessity I sold $700. Fortunately, there were $100 worth of bitcoins left which is around $500 at this time. Now, every time I look at my wallet I feel sorry for my sold BTCs and I wish I had them too.

Overall, it's all about patience and having enough belief and also having enough funds in hand so that you don't need to sell your Bitcoin when you face an emergency like me. If none of this is the case, I would always advise people not to sell their BTC unnecessarily because Bitcoin is going to go up a lot, and we are just getting started, bull run is yet to come.

You will not regret, you still have opportunities to invest. You didn't save money for an emergency, so maybe you had to sell the bitcoins. So many say invest what you can afford to lose. Bitcoin halving complete, everyone is waiting for the bull run. Bitcoin price is expected to go up a lot in the upcoming bullrun. For example, if bitcoin is 100-150k or more then you can regret more. So if you have enough money to invest then you should start investing again. You can start investing again in DCA method. But don't make the mistake this time, save money for emergencies so that you don't have to sell bitcoins for emergencies.

[Bushdark]

It's inspiring to hear about your journey with Bitcoin, turning $100 into $1130 through buy and hold strategies. Your dedication and commitment to avoiding addictive behaviors like gambling are commendable, showcasing the potential for a bright future with Bitcoin and responsible trading.

But and hold strategy is not as easy as we may think because the market can be very annoying going dip after one has a accumulated enough holdings. I have been seeing some people complaining of the market not going bullish immediately the halving was concluded. A lot of Patience is required for us to make money from the crypto market and we need to be prepared to see so many outbreak because it is never easy seeing your funds falling with being able to send them bullish again.

[Maus0728]

]
I think it's his friend that's addicted to gambling and they've both started in bitcoin at the same time, I think that's what I'm getting at in this post. If OP was able to make a decent profit out of the 100 USD that he has started off of, I think that OP is already careful about his investment, that kind of profit doesn't really scream recklessness so carelessness is definitely out of OP's mind and to you OP, I hope you're going to get more profit in the near future, no big losses may come to you and hopefully you'll enjoy your trading journey with even more profits.

Ok. Even if the OP stops real gambling and still doesn't have the actual knowledge about cryptocurrency investment he/she technically is still gambling.
Having said that, in this current market we're in a $100 investment in Bitcoin and will barely make a good profit unless the OP is doing the investment simultaneously using the DCA investment method

How is that the logical thing that's happening to them? You stop gambling but you don't have a knowledge or know squat about crypto investment that you're still gambling? OP is trading and even if there's losses here and there, the money would still be there. Make it make sense please, how can you stop gambling and jump to trading and then still consider it as gambling.

[Z390]

I would rather hold my Bitcoin instead of trading, I am not completely off from trading but I am an opportunist, if Bitcoin makes a new ATH and I have some money around that I am willing to lose, I can decide to short the market for some big gains, this doesn't make me a day trader, I trade only when the opportunity comes.
I haven't sold any Bitcoin lately, because I believe that there is more room to grow in the future, even after I sold some lands to get Bitcoin year ago at $16,000 I am still up in great profits right now, there is no better strategy for Bitcoin investment than having the patience to hold, this is why your money, your hard earned money is the best to buy Bitcoin.
Avoid using emergency money, savings money or loan money to invest i n Bitcoin, because you won't know how long it will take for Bitcoin to appreciate in value, and if you sell too soon you can regret your decision very soon, that is why using DCA is good if you want to buy some Bitcoin and hold.

[Marvell1]

]
I think it's his friend that's addicted to gambling and they've both started in bitcoin at the same time, I think that's what I'm getting at in this post. If OP was able to make a decent profit out of the 100 USD that he has started off of, I think that OP is already careful about his investment, that kind of profit doesn't really scream recklessness so carelessness is definitely out of OP's mind and to you OP, I hope you're going to get more profit in the near future, no big losses may come to you and hopefully you'll enjoy your trading journey with even more profits.

Ok. Even if the OP stops real gambling and still doesn't have the actual knowledge about cryptocurrency investment he/she technically is still gambling.
Having said that, in this current market we're in a $100 investment in Bitcoin and will barely make a good profit unless the OP is doing the investment simultaneously using the DCA investment method

How is that the logical thing that's happening to them? You stop gambling but you don't have a knowledge or know squat about crypto investment that you're still gambling? OP is trading and even if there's losses here and there, the money would still be there. Make it make sense please, how can you stop gambling and jump to trading and then still consider it as gambling.

To me, even if you are investing in bitcoin or stocks, if you just invest blindly following someone's advice and have no knowledge about it then you are still gambling, not an investment. It is true that gambling and investing are different but their boundaries are very thin.

If you invest with an empty head, you invest by relying on luck, that's not gambling, what do you call it? You can't hold bitcoin until it's profitable, you'll panic and sell off when Fud floods the market...If you can't handle your investment because you know nothing about it, then what do you call it if it's not gambling?

[Kristiyana]

I would rather hold my Bitcoin instead of trading, I am not completely off from trading but I am an opportunist, if Bitcoin makes a new ATH and I have some money around that I am willing to lose, I can decide to short the market for some big gains, this doesn't make me a day trader, I trade only when the opportunity comes.
I haven't sold any Bitcoin lately, because I believe that there is more room to grow in the future, even after I sold some lands to get Bitcoin year ago at $16,000 I am still up in great profits right now, there is no better strategy for Bitcoin investment than having the patience to hold, this is why your money, your hard earned money is the best to buy Bitcoin.
Avoid using emergency money, savings money or loan money to invest i n Bitcoin, because you won't know how long it will take for Bitcoin to appreciate in value, and if you sell too soon you can regret your decision very soon, that is why using DCA is good if you want to buy some Bitcoin and hold.

Well I would say it depends on your personal decision, you know sometimes the market is very hard to predict, we don't know what will happen in the future, I will advice you hold on to it for at least 2 to 3years I'm pretty sure that you can make enough profit within this couple of years, that's if there's increase in the value, then after selling it you can still reinvest and also use most of the income for other business that can bring profit.

[martinex]

It's inspiring to hear about your journey with Bitcoin, turning $100 into $1130 through buy and hold strategies. Your dedication and commitment to avoiding addictive behaviors like gambling are commendable, showcasing the potential for a bright future with Bitcoin and responsible trading.

Bitcoin Buy and Hold and that's a word of encouragement.

I assume OP has indeed determined its journey by trading short patterns with BTC and not long term. If you look at a glance, OP always has a lot of free time in controlling market movements where he has time to buy when prices are low and sell when prices rise at any time.

Each of them certainly has the characteristics of a profit-making pattern in BTC and what OP has done is very good, at least he has shown that making profits is not in addition to investing in the long term and that can also be done as long as you are patient and able.

[Bravut]

It's inspiring to hear about your journey with Bitcoin, turning $100 into $1130 through buy and hold strategies. Your dedication and commitment to avoiding addictive behaviors like gambling are commendable, showcasing the potential for a bright future with Bitcoin and responsible trading.

Bitcoin Buy and Hold and that's a word of encouragement.

I assume OP has indeed determined its journey by trading short patterns with BTC and not long term. If you look at a glance, OP always has a lot of free time in controlling market movements where he has time to buy when prices are low and sell when prices rise at any time.

Each of them certainly has the characteristics of a profit-making pattern in BTC and what OP has done is very good, at least he has shown that making profits is not in addition to investing in the long term and that can also be done as long as you are a patient and able.

Trading is different from investing. Trading involves much knowledge and patience to scale through, buying and hold is the best approach because it allows you keep accumulating, DCA careless of price movement. Making profits through trading isn't sustainable and I won't suggest it for anyone in such a high volatile market.


The best approach is investing in a long term, you careless about price movement then, and you keep accumulating more bitcoin, it is  valuable asset not just a tradable coin.

[teamsherry]

https://bitcointalk.org/index.php?topic=5467828.msg62890863#msg62890863

👆👆
Do any of you remember five months ago I started trading with just $100 and today I own $1130 and I respect Bitcoin a lot and it is slowly brightening my future and I have gained a lot of knowledge from Bitcoin in these five years and  With this I want to earn more money in my future and I want to say to all you all can buy bitcoin and hold it and you will have a very bright life in your future you are too bad my friend earned a lot of money in 5 months but today he lost a lot of money in 2 months  Because he got addicted to gambling and I buy and hold bitcoins and slowly trade to own $1130 today Bitcoin is really brightening my future.


We never get addicted to anything and try to do whatever we do with our talent then we will get success in no time.💪

Good for you mate, but warning don't take this win as a guarantee that it would always be that way, home your skill more and you woudl give better testimonial than this soon.

I wonder how you managed to trade and also be a bitcoin holder, normally I don't advice such cause in a situation where you lost money or you need funds to trade you might be stuck in a situation of what you should prioritie between funds to allocate to buying and holding bitcoin and trading. I believe that there is a line between trading and investment and there are opposite pairs from each other.

[oktana]

The truth about gambling is that when you do it, consider the money gone. Just be realistic that there’s every tendency you’ll never get the money. I don’t see why he switched to gambling if the 5 months were really good for him. All he had to do was to just continue with whatever pattern that was making him money. Gambling is best done if you have a stable income source and you have control on how often you do it.

It's difficult to control how you do your gambling habit is but I totally agree with you that the only way that you can do it is through discipline, no other way around it however I don't agree on the fact that it's best done when you've got a stable income because I do think that you don't need to suffer from it even when you do have the choice to gamble and not worry about the money, gambling is a pitfall that's difficult to get out of even if you've got the money to survive that pitfall, I'd say that gambling shouldn't be something that's considered an option when you have an excess money.

It’s not just gambling, every form of investment needs you to have a stable income and here is why I say so. If you do not have a stable income, for something (an investment) which you don’t know its outcome (how successful or not) it will be, you should have a stable income so you can survive properly with or without it and not have to ever rely on it if anything happened. Having a stable income will also reduce the anxiousness that can come with investments.

[2Pizza410000BTC]

The truth about gambling is that when you do it, consider the money gone. Just be realistic that there’s every tendency you’ll never get the money. I don’t see why he switched to gambling if the 5 months were really good for him. All he had to do was to just continue with whatever pattern that was making him money. Gambling is best done if you have a stable income source and you have control on how often you do it.

It's difficult to control how you do your gambling habit is but I totally agree with you that the only way that you can do it is through discipline, no other way around it however I don't agree on the fact that it's best done when you've got a stable income because I do think that you don't need to suffer from it even when you do have the choice to gamble and not worry about the money, gambling is a pitfall that's difficult to get out of even if you've got the money to survive that pitfall, I'd say that gambling shouldn't be something that's considered an option when you have an excess money.

It’s not just gambling, every form of investment needs you to have a stable income and here is why I say so. If you do not have a stable income, for something (an investment) which you don’t know its outcome (how successful or not) it will be, you should have a stable income so you can survive properly with or without it and not have to ever rely on it if anything happened. Having a stable income will also reduce the anxiousness that can come with investments.

Of course having a stable income is very important. Those of us who are earning from Bitcoin can plan to have a steady income so that we can cover our household expenses and invest what we earn from it. If we can live our lives with a stable income and invest what we earn from bitcoin forums then we don't have to look at our investment so easily and sell the investment at a loss. There are many people who live their lives depending on the money they earn from bitcoin forums. Imagine if that person can earn a stable income and use that income to support his life. can and can invest for the future so that investment does not have to be sold. Here I definitely support you because stable income is very important for a person.

[AnonBitCoiner]

using emergency money, savings money or loan money to invest i n Bitcoin, because you won't know how long it will take for Bitcoin to appreciate in value, and if you sell too soon you can regret your decision very soon, that is why using DCA is good if you want to buy some Bitcoin and hold.

If someone is using an emergency fund for Bitcoin investment then he will never enjoy this investment but will be a burden for him therefore you can only be satisfied with your investment if you use extra sum that you don't need for anything else and which is your own money means you have not taken for anyone for Bitcoin investment.

You will continue your investment if the amount is your own so you will not be worried about its return to the owner and also don't forget that success in Bitcoin investment needs time so if you are using an extra amount then no matter how long it takes you will be in patience and Bitcoin investment can be profitable only if you invest for longer time.

[tygeade]

The truth about gambling is that when you do it, consider the money gone. Just be realistic that there’s every tendency you’ll never get the money. I don’t see why he switched to gambling if the 5 months were really good for him. All he had to do was to just continue with whatever pattern that was making him money. Gambling is best done if you have a stable income source and you have control on how often you do it.

It's difficult to control how you do your gambling habit is but I totally agree with you that the only way that you can do it is through discipline, no other way around it however I don't agree on the fact that it's best done when you've got a stable income because I do think that you don't need to suffer from it even when you do have the choice to gamble and not worry about the money, gambling is a pitfall that's difficult to get out of even if you've got the money to survive that pitfall, I'd say that gambling shouldn't be something that's considered an option when you have an excess money.

I feel like investing is something that requires a little bit of discipline because it is not easy to see the prices moving this crazily and invest based on that. I think it's clear that we are not going to get anything profitable if we react to market movements at all times, we should realize that we have to keep being stable and not react to things constantly.

What we could do right now would be just focusing on how to get better and better. I get that it is not going to be that easy, which is why we should try to avoid it all together. Just buy and hold like OP mentioned, and buy some more if you can and keep holding, if you do that constantly and keep accumulating more and more while holding and never selling then eventually you are going to have a lot of money.