fauzan Ichsan
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May 28, 2024, 04:20:02 AM |
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I only spend the money on some important matters where I think I can earn even more from it especially when some people rush to sell their properties at lower prices. You just need to have some money awaiting for that to happen and to have them in your crypto wallet as bitcoins, is the best thing you could ever do because you are not only saving them securely rather you also surely giving it a chance to multiply cause of the bull runs. If you do this while you have multiple sources of income, it's easy for you to hold it for the long term so that you will be able to earn more from it in the future.
To buy and sell it again requires the right time so that our assets grow rapidly. and to know the right time, good knowledge is needed, so that we can analyze it well and be patient in waiting for the momentum. when people panic selling at low prices, that's the time we buy it and wait until there is a lot of demand which causes the price to rise, until many people buy it then we sell it before the anti-climax occurs
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peter0425
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CryptopreneurBrainboss managerial service
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May 28, 2024, 04:37:39 AM |
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I have not started investing in bitcoin yet, but I have made a plan for it. Soon, I will start my bitcoin investment. I've found a steady source of income because I don't want to face any financial troubles when I start investing.
That is really smart that you are planning well before you jump in on investing in bitcoin. Most people due to the fear of being left out, they leave everything behind and dive in to investing. You should find the balance between planning well and not missing the correct time frame. You want to wait but also not wait too long. It's a really complex and difficult line to balance in between
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Kruw
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May 28, 2024, 04:39:29 AM |
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Sooner or later there will come a moment when we will sell the bitcoins we hodl and have to invest this money in something else to create passive income
There is no such thing as "passive income". This is a myth conjured by people who don't understand inflation causes prices of things (including assets they own) to rise.
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Maestro75
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May 28, 2024, 05:56:51 PM |
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In my opinion, there is no point in selling your Bitcoins until Bitcoin finally becomes the world's reserve currency and an integral part of central banks' gold and foreign exchange reserves. Moreover, when this event occurs, there will be no need to sell Bitcoin for fiat money. Its cost will be so high that the hodlers will not sell it, but will only pawn it.
And when will all this happen, that bitcoin will become the world reserve and central banks will have to embrace. This is a dream that may not come to pass. Asking people not to sell their bitcoin may not be to their own favour. I say that because everybody has what they need money for. Those who hold bitcoin should not feel any guilt selling at any time. It is their investment and they can do with it whatever that please them.
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albon
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May 28, 2024, 07:46:53 PM |
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And when will all this happen, that bitcoin will become the world reserve and central banks will have to embrace. This is a dream that may not come to pass. Asking people not to sell their bitcoin may not be to their own favour. I say that because everybody has what they need money for. Those who hold bitcoin should not feel any guilt selling at any time. It is their investment and they can do with it whatever that please them.
Each of us looks at the future of Bitcoin with his own perspective. Some believe in the capabilities of Bitcoin and its fundamental characteristics that may make this possible, and some see that these are just dreams. The achievements that Bitcoin has achieved over the past years until now, and its widespread adoption by countries, major companies and Institutions, exchange-traded funds, and prominent businessmen figures...etc., make us expect a bright future for this investment, which continues to grow and has not faltered during crises, creating a revolution in the financial world like never before. Of course, every investor has the absolute freedom to sell or hold their Bitcoin or the returns they've gained from their investment. Each of us has different circumstances, goals, strategies, and plans. For me, if Bitcoin achieves satisfactory profits in the long term, I might sell part of my holdings and keep the rest. It truly doesn't matter if Bitcoin takes longer to yield the desired returns because I'm not relying on it as a primary source of income but rather as a forgotten investment for the future.
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Mahanton
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May 28, 2024, 08:24:45 PM |
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Hello,friends The question is addressed to hodlers who have been hodling bitcoin for years Sooner or later there will come a moment when we will sell the bitcoins we hodl and have to invest this money in something else to create passive income It can be real estate,any business,buying land and renting it out or something else Very few people will sell bitcoins just to spend this money in a few months,at least i don't know such people Everyone here is a smart person and everyone here has thought about where to spend this money That's my question
P.s. I'm a holder myself,i'm thinking about strategies and i'm interested in the opinion of other hodlers to put these ideas in my head and think about them
-Regards
Actually it would really be always that recommended that you shouldn't really be putting your eggs on one basket but we do really know that when it comes to investment then cryptocurrency could give something which you cant really be able to achieve by other typical investment even just on holding it on which it would really be that something that will really be that some people will be thinking that this is their end game on which they would really be holding it no matter what because they do really believe that it could really make them even more richer. Well, its not bad if you do have this kind of mindset on which it could really be true and having that chance but of course we do know that in any investment there would really be that accompanied risks. So to divide up the risks then it would be best that you should really be tending to scatter it out with those typical investment that we do know. Dividing up the risks so that if ever the crypto investment that you do have do fail then you could really be having that back up plans or chance of recovery on which this something that would really be that preferable.
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boty
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May 29, 2024, 05:35:31 AM |
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I only spend the money on some important matters where I think I can earn even more from it especially when some people rush to sell their properties at lower prices. You just need to have some money awaiting for that to happen and to have them in your crypto wallet as bitcoins, is the best thing you could ever do because you are not only saving them securely rather you also surely giving it a chance to multiply cause of the bull runs. If you do this while you have multiple sources of income, it's easy for you to hold it for the long term so that you will be able to earn more from it in the future.
To buy and sell it again requires the right time so that our assets grow rapidly. and to know the right time, good knowledge is needed, so that we can analyze it well and be patient in waiting for the momentum. when people panic selling at low prices, that's the time we buy it and wait until there is a lot of demand which causes the price to rise, until many people buy it then we sell it before the anti-climax occurs When you can analyze well, of course you will be able to know the right time to buy or sell it and to be able to know this, of course we must first understand well the asset we are going to buy and also have a plan before deciding to buy the asset. which we will invest and if there is a market correction of course there is no need to panic and if we have sufficient funds we can take advantage of this opportunity to increase the assets we have and we will be able to make a profit if prices increase again.
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eightdots
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June 02, 2024, 04:13:58 PM |
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P.s. I'm a holder myself,i'm thinking about strategies and i'm interested in the opinion of other hodlers to put these ideas in my head and think about them
Making a certain amount of profit is always a good thing. Those who hold Bitcoin for a long period of time probably have other sources of income, as they keep their investment intact. This allows them to keep holding on to their Bitcoin. Because they are used to the ups and downs of the market, they have also learned how to trade without panicking. This means that selling some of their investment to make a profit at certain times would be a sensible move.
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TheUltraElite
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So anyway, I applied as a merit source :)
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June 30, 2024, 11:20:31 AM |
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Making a certain amount of profit is always a good thing. Those who hold Bitcoin for a long period of time probably have other sources of income, as they keep their investment intact. This allows them to keep holding on to their Bitcoin. An additional source of income is always essential when trying to survive in a speculative market. That income is your cushion from mental distress while giving you enough time to turn the tables and profit from crypto. That is why I always discourage anyone with the rambo idea of giving up jobs/properties or gold for bitcoin. Because they are used to the ups and downs of the market, they have also learned how to trade without panicking. This means that selling some of their investment to make a profit at certain times would be a sensible move.
Some of the investment can be sold as per need. Some should be kept for emergency too. There is an existing problem of less exchanges available or big taxation from the government. At present, the avenues of selling is less in many countries.
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Nonstop_H
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June 30, 2024, 05:33:33 PM |
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Hello,friends The question is addressed to hodlers who have been hodling bitcoin for years Sooner or later there will come a moment when we will sell the bitcoins we hodl and have to invest this money in something else to create passive income It can be real estate,any business,buying land and renting it out or something else Very few people will sell bitcoins just to spend this money in a few months,at least i don't know such people Everyone here is a smart person and everyone here has thought about where to spend this money That's my question
P.s. I'm a holder myself,i'm thinking about strategies and i'm interested in the opinion of other hodlers to put these ideas in my head and think about them
-Regards
To me selling your Bitcoin as a holder to invest on passive income is not the ultimate, it is imperative to keep holding our Bitcoin as long as we can to acertain the certainty we have as a bitcoiner. For without fear of any kind the future of Bitcoin will continue to unfold positive result to it's long time holders.
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Emmanuelex
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June 30, 2024, 05:40:04 PM |
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The question you should ask yourself first is “why do we make money?”. I believe everyone here is not a child anymore, and as adults we all have responsibilities to take care of. So when we make money, it goes into taking of responsibilities that we all may have, which can go from feeding, to supporting our loved ones. And of course, we are not foolish, some part of the money would definitely go into savings, business and other investments that would yield more income for us. That's just it.
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GbitG
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June 30, 2024, 06:57:27 PM |
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The question you should ask yourself first is “why do we make money?”. I believe everyone here is not a child anymore, and as adults we all have responsibilities to take care of. So when we make money, it goes into taking of responsibilities that we all may have, which can go from feeding, to supporting our loved ones. And of course, we are not foolish, some part of the money would definitely go into savings, business and other investments that would yield more income for us. That's just it.
That's pretty straightforward and correct. We earn money because we need it to fulfill the requirements that we all have in our lives which requires finances. The world we live in runs on money, and those who don't have it will suffer a lot because everything these days requires you to have money. If you don't have any and aren't earning any, you are going to have a hard time living your life because not every helpless person is helped by someone. Thousands of people in different parts of the world die due to hunger because they don't have money to get food or shelter and there is no one to help them. We may see some people and influencers helping people over the internet but that is just a very small percentage of the people who need help, and all others are left to suffer.
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