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Uhwuchukwu53 (OP)
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November 24, 2024, 05:48:03 AM |
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My people the cry today in our society over the sudden rise of Bitcoin has acted as shock to many who refused to hear instructions or even control their emotions while holding BTC due to what I called stomach infrastructure as they cried for hunger and forget the future. It's no longer news as BTC kick start the rise after US election many short time Holder of Bitcoin is unrest for losing greatly in selling off their holding and other crypto assets despite the warning and speculation from many of the forum projecting Bitcoin to hit 100k before the year end which is almost achieve and will eventually exceed before the end of the Bull run, my question to those crying today is who is to be blame for their selling of assets hunger or ignorant because this projections of BTC hitting 100k has always been discussed in various thread on regular basis. Let your idea count.
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Juicyhome
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November 24, 2024, 06:41:50 AM |
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My people the cry today in our society over the sudden rise of Bitcoin has acted as shock to many who refused to hear instructions or even control their emotions while holding BTC due to what I called stomach infrastructure as they cried for hunger and forget the future. It's no longer news as BTC kick start the rise after US election many short time Holder of Bitcoin is unrest for losing greatly in selling off their holding and other crypto assets despite the warning and speculation from many of the forum projecting Bitcoin to hit 100k before the year end which is almost achieve and will eventually exceed before the end of the Bull run, my question to those crying today is who is to be blame for their selling of assets hunger or ignorant because this projections of BTC hitting 100k has always been discussed in various thread on regular basis. Let your idea count.
They can't cry more than the Btc pizza boy, so their cry are lesson to us, never to panic when it comes to bitcoin, because you will always win regardless. Those that cry most are the one that invested in cryptocurrency through the back door. They are people who never had any basic training in cryptocurrency or have an expert trader and mentor. Because if you have an expert trader as mentor he will always guide you. I made more money in this bull run because my mentor t list some Altcoins for me to invest in, and I took advantage of that information and invested in them, its important to be very curious about the do and dot in cryptocurrency so tomorrow you won't be among the town crier
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Barikui1
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November 24, 2024, 08:10:57 AM Merited by Btcdeybodi (3) |
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my question to those crying today is who is to be blame for their selling of assets hunger or ignorant because this projections of BTC hitting 100k has always been discussed in various thread on regular basis. Let your idea count. Bro I hope say you dy naija as it stands now, and if truly you dy the country, you no go blame those people wey sell their holdings that much, because things are hard, and the cost of living is trying to kill the living. Tell me who go dy think of holding his or her Bitcoin when hunger dy strike am very hard. That's why e dy mandatory say before you invest in Bitcoin, make sure say you get a very good source of income, so that you wouldn't have to fall back to your Bitcoin holdings when things tight for ur side, because patience alone is not enough. But anyhow, due to how our economy be now, I no dy too blame people that much in any decisions dy take because e no really easy for low income earners wey dy invest in Bitcoin, na only when person chop belle full nai them go think of investing, if you never chop belle full and you choose to invest, at some point, you go sell prematurely so as to survive our hash economy. But as for those high income earners wey getting everything to succeed in their Bitcoin holdings, but still fail to hold till now, sometimes e fit be say their investment goals was met, sometimes e fit be say na them sell too early, hoping to buy when it deep again, but them no fit buy again after then, because the value of Bitcoin keeps on rising, so I believe say in this crypto space, your level of knowledge and discipline defines you, that's why we only get what we deserve.
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Kelward
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November 24, 2024, 08:22:40 AM |
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You need to first consider di reason why person wey hold Bitcoin go need to sale am prematurely before we enter bull run, na di answer of every holder wey sale go make you to determine weda dem go get regret or not. If person sale based on say im no believe say bull run go happen or im sale because im wan spend money, meanwhile emergency funds go solve di need, na dos category of people suppose to get regrets today. But if person sale im Bitcoin based on hunger or health issues, whereby no oda means to get money, dos category no suppose to get regrets. Wetin be di need say person get money and need of money come kill di person, dat one no make sense, di important thing be say make your Bitcoin be di last option to take spend for important and urgent needs.
Person wey miss dis circle to make plenty ROI for di bull run, due to very important reason like health matter, make e no worry, plenty bull runs still de for front. Better thing no de finish for Bitcoin investment, di asset na store of value, even person wey start today go still make profits in the future. So make we no give ourselves hypertension for bull run matter, if you get genuine reason to sale your Bitcoin, make you sale am, dat one no mean say you no go start to accumulate and hodl again.
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Cryptoprincess101
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November 24, 2024, 08:44:42 AM |
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A lot of factors made some investors to sell their bitcoin before now and some of the reasons are: fear of the price falling before the US elections, lack of confidence and believe that bitcoin has the potentials to increase with time, listening to negative news about bitcoin, no good source of income to manage livelihood while continuing with hodling, hunger and poverty, lack of jobs and the high cost of living. It has been discussed severally that anyone who wish to venture into bitcoin investment should be able to have a good source of income and make sure they have made arrangements for funds that can take care of their life expenditures and emergency needs in the future so that they don't tamper with their bitcoin while still in accumulation stage. We can't really blame those who sold so soon because on the other hand, who know the pandemonium that would have happened in the price of bitcoin if Donald Trump didn't win.
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Promocodeudo
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November 24, 2024, 10:55:59 AM |
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My people the cry today in our society over the sudden rise of Bitcoin has acted as shock to many who refused to hear instructions or even control their emotions while holding BTC due to what I called stomach infrastructure as they cried for hunger and forget the future. It's no longer news as BTC kick start the rise after US election many short time Holder of Bitcoin is unrest for losing greatly in selling off their holding and other crypto assets despite the warning and speculation from many of the forum projecting Bitcoin to hit 100k before the year end which is almost achieve and will eventually exceed before the end of the Bull run, my question to those crying today is who is to be blame for their selling of assets hunger or ignorant because this projections of BTC hitting 100k has always been discussed in various thread on regular basis. Let your idea count.
Buddy, you should understand that some Nigerians that are bought Bitcoin does not understand the concept of Bitcoin may be because they dont have they privilege you have to be part of this forum and other places Bitcoin is been discussed, there are some threads in this forum that talks about the necessity of buying and holding Bitcoin for a long-term, the need to have emergency funds and discretionary income so that you won't be tempted to sell because of pressure of any kind which I believe you have visited before. It's an established fact that there is hunger in the land because of high inflation that our country Nigerians is facing currently, this is really eating dip into Nigeria financial system, the dollar rate is something else, lets be realistic yea it's very good to hold for a long-term if you are very much prepared, perhaps people that sold in a hurry weren't prepared or they are those people that has lesser trust for Bitcoin. Mate if you will be sincere, you're sounding like this because you have good informations here or somewhere else and also may be you have other things you do that prevents you from looking at your hodlings as an option to fall back to whenever some situations that need monetary remedy arises. Yes, Bitcoin is worth hodling because if one understand the history and the good upward movement it has make since it's creation on a general if anyone wants to remain in the system to keep hodling, such person must have other source of income to be able to keep DCAing weekly, monthly as it sooth him or her to avoid tampering his or portfolio.
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Marvelockg
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November 24, 2024, 11:58:16 AM |
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my question to those crying today is who is to be blame for their selling of assets hunger or ignorant because this projections of BTC hitting 100k has always been discussed in various thread on regular basis. Let your idea count.
do you think that all those that sold there bitcoin did so just because they don't have what to eat or that they are all ignorant of the potential bull that's to come? selling of bitcoin before it gets to $100k doesn't mean that the person has not made any profit moreover, it's his bitcoin, anyone can choose to sell it at whatever time he decides to do so. note that this bull hasn't increased as remarkable as such that anyone that owns bitcoin will claim that they have had a very huge profit. if you bought your bitcoin at the rate of $40k and left it till now, you have only made a 2x plus profit so far and this is not something not to overly talk about as though this is the end of bitcoin bull or that those that sold prior to now has made the worst mistake of their lives. our economy is not even favorable to long term investors due to inflation and somehow, it's not even reasonable to blame those that sold part of their holding before now most especially if the person is still new in his bitcoin investment journey.
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Davidvictorson
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November 24, 2024, 04:30:21 PM |
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The truth be say na only a small number of people for our Naija population actually care say Bitcoin dey rise. Some people nor even care. Those people wey sell their Bitcoin some of them sef no regret anything because at that time na between saying hungry or using the one you get for Bitcoin to save yourself. Most people now na manage mood them dey, the people wey get Bitcoin actually dey run other things so I no blame anybody. E nor get as e be now wey e never be before. My own be say wether you get am for Bitcoin or you nor get am for Bitcoin all of us go dey alright. Just ensure say wetin you dey do dey legit.
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Asiska02
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November 24, 2024, 06:30:49 PM |
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My people the cry today in our society over the sudden rise of Bitcoin has acted as shock to many who refused to hear instructions or even control their emotions while holding BTC due to what I called stomach infrastructure as they cried for hunger and forget the future. It's no longer news as BTC kick start the rise after US election many short time Holder of Bitcoin is unrest for losing greatly in selling off their holding and other crypto assets despite the warning and speculation from many of the forum projecting Bitcoin to hit 100k before the year end which is almost achieve and will eventually exceed before the end of the Bull run, my question to those crying today is who is to be blame for their selling of assets hunger or ignorant because this projections of BTC hitting 100k has always been discussed in various thread on regular basis. Let your idea count.
I still dey feel say e no bad to blame anybody wey sell their bitcoin due to hunger and can’t hold on to the bull run before they can sell it. Every life matters before you think of having a savings. You can’t be unhealthy and not medically sound and you get money for savings wey you fit use treat yourself. The truth be say even the economy for the country dey enough to make most of the BTC holders to sell off their bitcoin even before the bull run, no be say them no wan wait till then or no get believe say bitcoin go do well for future, but e no get use to keep bitcoin when you go dey in debt or you fit die of hunger with wetin the economy dey show us. Despite all this economy issue wey we dey face like this, people still dey wey still get their bitcoin hodling intact and them don benefit from this bull run big. Those wey no get for this bull run, go get for the next one and no be something wey go be compulsory to get at a time wey you never set for am financially. I just get believe say as Naija people take smart, nobody go see the opportunity to take hold bitcoin for long till bull run and still misuse am to go spend the holdings on something unnecessary.
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Marykeller
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November 24, 2024, 07:20:53 PM |
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Nobody is to blame on why they sell their Bitcoin at low price cause they really do that for a personal reason. Peso no go know sae, Bitcoin go give them maximum profits in the future and they insist on selling it without having a genuine reason on why they do so.
One thing about Bitcoin investment be sae, you can buy and sell at any time you want. No be wetin you go sell today, and you begin the think sae, there won't any another opportunity left for you to invest in Bitcoin again. That one no d happen, as there will still be many opportunities open for you to invest at any time wey you like. That's the good part of Bitcoin, that makes it to stand out as the best investment to have
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Egii Nna
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November 24, 2024, 08:53:58 PM |
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My people the cry today in our society over the sudden rise of Bitcoin has acted as shock to many who refused to hear instructions or even control their emotions while holding BTC due to what I called stomach infrastructure as they cried for hunger and forget the future. Hunger is never a reason for you to sell your bitcoin unless you don’t have that hope or you don’t believe that bitcoin will later increase in price. Just take an instant: the person that gave out 10k bitcoin just for two pizzas, is he now not poor and still regretting? That is why I always encourage people to be patient because patience is the key. Because for those that are patient, they have seen their results. Although it is very simple, you are not expecting to invest in bitcoin for a long time when you have nothing to take care of your needs with. That is why I always say don’t depend on your bitcoin investment as your main source of income.
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nelson4lov
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November 24, 2024, 09:58:07 PM |
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Hunger is never a reason for you to sell your bitcoin unless you don’t have that hope or you don’t believe that bitcoin will later increase in price. Just take an instant: the person that gave out 10k bitcoin just for two pizzas, is he now not poor and still regretting? That is why I always encourage people to be patient because patience is the key. Because for those that are patient, they have seen their results. Although it is very simple, you are not expecting to invest in bitcoin for a long time when you have nothing to take care of your needs with. That is why I always say don’t depend on your bitcoin investment as your main source of income.
Hunger is probably a reason and will continue to be because the answer to this is quite simple — you can't make investment if you have not eaten. Say someone buys Bitcoin with a part of their income / salary and lost their job later on, you'd have to sell your assets (including Bitcoin) bits by bits to sustain body and soul before new opportunity to earn once comes. The only way ANY investment would work is if the investor has money to keep themselves going because there's a saying in the market: The market can stay irrational longer than you can stay solvent. As long as you can stay solvent without touching your investments then it's all good otherwise, you'd be forced to sell and I don't think anyone that does that (sell) should be blamed.
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Frankolala
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November 25, 2024, 06:14:57 AM Last edit: November 25, 2024, 06:27:25 AM by Frankolala |
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My people the cry today in our society over the sudden rise of Bitcoin has acted as shock to many who refused to hear instructions or even control their emotions while holding BTC due to what I called stomach infrastructure as they cried for hunger and forget the future. Hunger is never a reason for you to sell your bitcoin unless you don’t have that hope or you don’t believe that bitcoin will later increase in price. Just take an instant: the person that gave out 10k bitcoin just for two pizzas, is he now not poor and still regretting? That is why I always encourage people to be patient because patience is the key. Because for those that are patient, they have seen their results. Although it is very simple, you are not expecting to invest in bitcoin for a long time when you have nothing to take care of your needs with. That is why I always say don’t depend on your bitcoin investment as your main source of income. So many unforeseen challenges that needs to be taken care of will lead to premature sell of your bitcoin that if you don't solve, it will worsen your situation the more. Imagine that you want to die of hunger and you get bitcoin, you go like die leave your bitcoin, that's foolishness. Na who dey alive go see bitcoin at 100k, no be who don die. This is ehy it's good when you have seen good profit, you should take little profit and set up a business that can sustain you no matter whatever financial challenges that comes your way, you can solve it. Always set up an emergency funds to back up your bitcoin investment. They can't cry more than the Btc pizza boy
Laszlo Hanyecz made history which also contributed to where bitcoin is now. People pay crazy high transaction fee just to make sure that their transaction falls into the last block before the halving. White man like all these things.
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Pi-network314159
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November 26, 2024, 12:41:22 AM |
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my question to those crying today is who is to be blame for their selling of assets hunger or ignorant because this projections of BTC hitting 100k has always been discussed in various thread on regular basis. Let your idea count.
Selling of bitcoin starsh this period of sudden hikes is a matter of choice wether it is sold for the reason of hunger or ignorance. Actually everyone may never be that patient to HODL any longer due to panic that bitcoin may decline and also some will be patient to HODl more longer. So in my own point of view I will say inrespective of everyone striving to HODl, there is a high chance that most people will sell. Each an everyone has their set target and you don't know why some people will like to sell now. You don't even know when they started their bitcoin investment. It could be that some may have HODl their bitcoin since 10years ago and they find now a befeating time to sell and you will never know. So we can't judge everyone equally because we all didn't start investment at thesame time.
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B-BossMan
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November 26, 2024, 06:11:36 AM |
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My people the cry today in our society over the sudden rise of Bitcoin has acted as shock to many who refused to hear instructions or even control their emotions while holding BTC due to what I called stomach infrastructure as they cried for hunger and forget the future. It's no longer news as BTC kick start the rise after US election many short time Holder of Bitcoin is unrest for losing greatly in selling off their holding and other crypto assets despite the warning and speculation from many of the forum projecting Bitcoin to hit 100k before the year end which is almost achieve and will eventually exceed before the end of the Bull run, my question to those crying today is who is to be blame for their selling of assets hunger or ignorant because this projections of BTC hitting 100k has always been discussed in various thread on regular basis. Let your idea count.
Mate you know every individual is responsible for his/her financial decisions,it's very important to educate ourselves about investing in cryptocurrency and to make informed decisions because lack of education can lead someone to poor investment decisions......although some individuals may have sold their bitcoin holding due to some financial difficulties just to satisfy their needs or paying off their debts and some individuals sold their Bitcoin holding due to lack of understanding of bitcoin market and other growth. For those crying today,it's very relevant to fully understood that your financial decisions are your own responsibility not everyone responsibility,they should educate theirselves about profit of investing in Bitcoin or long term growth also they should also know how to set their financial goals and be endure.
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MainIbem
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November 26, 2024, 06:39:40 AM |
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My people the cry today in our society over the sudden rise of Bitcoin has acted as shock to many who refused to hear instructions or even control their emotions while holding BTC due to what I called stomach infrastructure as they cried for hunger and forget the future. It's no longer news as BTC kick start the rise after US election many short time Holder of Bitcoin is unrest for losing greatly in selling off their holding and other crypto assets despite the warning and speculation from many of the forum projecting Bitcoin to hit 100k before the year end which is almost achieve and will eventually exceed before the end of the Bull run, my question to those crying today is who is to be blame for their selling of assets hunger or ignorant because this projections of BTC hitting 100k has always been discussed in various thread on regular basis. Let your idea count.
I've come to notice that some of those people who invest into Bitcoin for short-term goals are those hoping to get rich through it within a short period, they don't really have a stable source of income to keep accumulating, they mostly wait for a dip then buy and take profits when the coin pumps, it's very wrong and not the concept of Bitcoin. However their are others who got stable income and even enough money to do the lumpsum but then they got no knowledge of investing for long-term and even when they do, they lack discipline and patience. Bitcoin investment is more profitable for a long-term and any investor threading that path would never regret or lament in future but then it doesn't end with buying and holding for long-term but also being patient and disciplined cause those are the traits of a good investor and would help their investment journey go smoothly. That's why as an investor have a general knowledge about Bitcoin, then understand it well and put it to practice so as to be very successful in the future else you'll be among those that would lament about taking profits instead of accumulating more.
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Rruchi man
Legendary
Offline
Activity: 1918
Merit: 1222
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November 29, 2024, 10:57:31 AM |
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my question to those crying today is who is to be blame for their selling of assets hunger or ignorant because this projections of BTC hitting 100k has always been discussed in various thread on regular basis. Let your idea count.
Nigeria is not an easy country to fully practice the HODL ideology; from time to time, there is always the temptation to sell some of what you have to settle or handle some responsibilities that you did not expect, especially when you do not have other options of where to get money needed. Hunger is another thing; some people may be quick to fault those who sold some of their bitcoins before the rise so dem go fit chop as weak holders, but nor be so. Like I tell people, you can only hold bitcoin while alive, so try not to die in the process from hunger if you are accumulating bitcoin. If you face serious life situations where you have no fallback option other than the bitcoins you are gathering, please sell a little percentage so you can survive. There is no next of kin in bitcoin, and even if you somehow transferred your bitcoin to a family member or relative after your demise, they can squander all you labored your life to gather in just a week or less. As much as possible, make sure to survive to enjoy the benefits of hodling your bitcoins for long.
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Stable090
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November 29, 2024, 04:20:48 PM |
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My people the cry today in our society over the sudden rise of Bitcoin has acted as shock to many who refused to hear instructions or even control their emotions while holding BTC due to what I called stomach infrastructure as they cried for hunger and forget the future.
I know say people wey don sell their bitcoin go Dey vex now, but we all sabi d condition of this country now, people Dey find am difficult to save money now, na person wey don see food chop go save or invest in bitcoin, na who Dey alive Dey make investment, if you sell your bitcoin to because u no get anything to chop, or because u needed money urgently, u no suppose Dey feel bad, bitcoin no Dey go anywhere, and time still Dey for us to invest, after bull run, bear go still enter, and we still fit enter, and even now self bull run never start fully, so we still fit invest now. my question to those crying today is who is to be blame for their selling of assets hunger or ignorant because this projections of BTC hitting 100k has always been discussed in various thread on regular basis. Let your idea count.
Na the condition wey d person wey sell d bitcoin Dey go determine who to blame now, if d person no get Wetin him go chop, or him get emergency, and him no get anyway to get money wey him go use solve the problem, then na hunger, but if d person just decide to sell, and no be say him wan use d money do anything, then na ignorance we go blame now.
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Obim34
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November 29, 2024, 05:39:30 PM |
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I don't think we are meant to be the judge here, for them selling means taking full consciousness as to why they made such choices. The economy is bad, sometimes unexpected huge bills might hold neck to the extent where one is left with no option than to alter but that is just a general possible reasons.
If we are going to worry about those who are selling now or sold earlier, then for those who bought Bitcoin when they were cents now seeing Bitcoin heading towards hundred thousand of dollars, how do we expect them to react, the mindset of selling was just a sincere factor of making profits from the initial price purchased and when they sold. If there should be anyone to blame then it is oneself but we can't call it a fault as long the purpose of selling wasn't for flex but to resolve pending issues.
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RockBell
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November 29, 2024, 07:17:14 PM |
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My people the cry today in our society over the sudden rise of Bitcoin has acted as shock to many who refused to hear instructions or even control their emotions while holding BTC due to what I called stomach infrastructure as they cried for hunger and forget the future. It's no longer news as BTC kick start the rise after US election many short time Holder of Bitcoin is unrest for losing greatly in selling off their holding and other crypto assets despite the warning and speculation from many of the forum projecting Bitcoin to hit 100k before the year end which is almost achieve and will eventually exceed before the end of the Bull run, my question to those crying today is who is to be blame for their selling of assets hunger or ignorant because this projections of BTC hitting 100k has always been discussed in various thread on regular basis. Let your idea count.
People that are crying what is going through their mind they think crying will bring back what they have sold or not so this is going to be a lesson learned but the thing is that people will never learn they will continue to repeat the same thing. The thing is that they never expected bitcoin to rise the way it did but look at what happened and holding bitcoin needs a large amount of patience if not at the end of the day it will become mission impossible, that is what is killing a lot of people they can not hold for long and the moment you hold and you start selling gradually that is the beginning of the problem. The once that will learn from this will learn. The us election made a very huge impact in the market it was shocking to everyone and their was a lot of speculation but people did not see it happening in this direction they were all focused on halving and the ETF approval and even those period their was no serious increase, but look at what happened in this election. The next thing now is that people are waiting for bitcoin to hit 100k. And there are people that are still holding waiting patiently for it to hit 100k.
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