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Author Topic: You may lose hope in other cryptocurrencies but not in bitcoin.  (Read 1781 times)
Oshio-man (OP)
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February 23, 2025, 12:01:57 PM
 #1

I was thinking about cryptocurrencies this morning and I discovered the first cryptocurrency which is bitcoin be the king among other cryptocurrencies,  when you hodl bitcoin for long periods or short period of time, there is a hope of favour either small or big when you are about to sell, Some people have lose hope on some cryptocurrencies based on what they have experienced from them, that made them to lose hope in earning income from them, but it will be difficult to see people losing hope in bitcoin hodling because it always keep increasing in every bull season that appear which this season is an evidence of what bitcoin will display to be the king among other cryptocurrencies. I will not lose hope in hodling bitcoin because it will always going to increase higher and higher in the future, hope you will not loose hope in hodling bitcoin?

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February 23, 2025, 12:09:13 PM
 #2

I will not lose hope in hodling bitcoin because it will always going to increase higher and higher in the future, hope you will not loose hope in hodling bitcoin?
Future is unpredictable and not a guarantee.

You can base on what happened in the past so far, and make your prediction then plan for your investment in bitcoin as well as your exit strategy. Future can repeat history patterns or can be very different, it's an important reminder.

If history repeats, you will have profit by hodling your bitcoin at least 5years and longer.
https://hodl.camp/

Bitcoin profitable days chart can give you more strength to hodl.
https://www.bitcoinmagazinepro.com/charts/bitcoin-profitable-days/

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February 23, 2025, 12:17:13 PM
 #3

hope you will not loose hope in hodling bitcoin?
People that lose hope in holding their Bitcoin investment are those that lose confidence in it. Losing confidence in holding your Bitcoin investment it means that you have lost encouragement probably because you decided to be investing on your own without any community involvement because that can really help. for instance, it will be more difficult for someone who is an active member of this forum to become completely discouraged about Bitcoin than someone who is not a member of any community that talks about Bitcoin but just investing on their own personally out of their own knowledge and being their own motivation.
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February 23, 2025, 12:30:34 PM
 #4

People didn't believe in bitcoin, so they sold it in 2011, 2014, 2017, and so on.

The future is not a guarantee so it's all in our decision whether you want to take the risk or sell and back to the old centralized banking system for your payments.

First ever crypto is not a solid reason for someone to hold on to it but it's the decentralization part that can convince them to do so.

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February 23, 2025, 12:37:13 PM
 #5

As much as we all believe in bitcoin and want to see it so exceedingly well, that doesn’t mean we should act like we can predict the future because even no one can accurately predict what will happen with bitcoin in years to come and that’s why we only speculate.
Bitcoin had always has always shown very strong resilience in time past and if judging from the past, then we can say that, if we hold for a period of 5 years or more, there are still possibilities of bitcoin giving us great return if the future repeats itself.

I don’t think a core cryptocurrency believer would give up on bitcoin even when it’s dipping because it is an opportunity to buy more rather than getting scared.

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February 23, 2025, 12:44:43 PM
 #6

I was thinking about cryptocurrencies this morning and I discovered the first cryptocurrency which is bitcoin be the king among other cryptocurrencies,  when you hodl bitcoin for long periods or short period of time, there is a hope of favour either small or big when you are about to sell, Some people have lose hope on some cryptocurrencies based on what they have experienced from them, that made them to lose hope in earning income from them, but it will be difficult to see people losing hope in bitcoin hodling because it always keep increasing in every bull season that appear which this season is an evidence of what bitcoin will display to be the king among other cryptocurrencies. I will not lose hope in hodling bitcoin because it will always going to increase higher and higher in the future, hope you will not loose hope in hodling bitcoin?

This is more reason why individual investors should choose wisely when trying to invest in cryptocurrency, many persons have been victim of circumstances just because the failed to choose wisely or may they were ignorant of the whole thing that which made them to get involved in an unrealitic investment, there's no way one can lose hope in Bitcoin investment unless such investors does not understand Bitcoin investment concept, some investors has not really adapted to volatility and fluntuation which is part of Bitcoin and this may make them shiver sometimes just because of lack of understanding.

Till this moment there are people who has given up there investment plan in Bitcoin just because of the experienced they had in one shity crypto project out there but the thing is, it is not advisable for any potential investor to get discouraged in starting up his Bitcoin acumulation just as he or she planned because of what he faced in other projects that are not Bitcoin itself, though it is not easy when someone lose his or her hard earned money in some shitty crypto project but if am to advise I think going for the most trusted digital wealth which is Bitcoin is the best.

Bitcoin has a very encouraging history and that's why it is good for an intending investor or someone that have had something to do with some pump and dump projects should go through the history and the reoccurring seasonal events of Bitcoin nvestment may be it could be a motivation for him or her to let go of the past to face the main thing.

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February 23, 2025, 01:14:56 PM
 #7

People didn't believe in bitcoin, so they sold it in 2011, 2014, 2017, and so on.

The future is not a guarantee so it's all in our decision whether you want to take the risk or sell and back to the old centralized banking system for your payments.

First ever crypto is not a solid reason for someone to hold on to it but it's the decentralization part that can convince them to do so.
Peoples were also still didn't believe in bitcoin because they were thinking there is not a guarantee for future and that's why they were also solding their bitcoin.

But we must know and keep in mind that investing on bitcoin will give you guarantee when you are holding bitcoin for long-term, bitcoin makes profited those investor who hold for long-term not those who get easily affected by the fud and sell bitcoin.

So when you want a guarantee from Bitcoin you shouldn't make go for the short-term

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February 23, 2025, 01:22:01 PM
 #8

because it always keep increasing in every bull season that appear which this season is an evidence of what bitcoin will display to be the king among other cryptocurrencies
Bitcoin increases every period, depending on the action that causes it to rise and not just at the bull season. During bearish periods, there's a little hike but it's not as much as compared to the bull. Take for instance, in January of last year when the ETFs were approved, Bitcoin price experienced a huge surge and then we haven't witnessed the bull run, so instead of attributing it's growth only to when we experience the bull season, it's better to say Bitcoin is regarded as king amongst other crypto currencies when there is a price increase and that even with the tragedies it has experienced over the years, its still standing strong.

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February 23, 2025, 01:34:59 PM
 #9

I will not lose hope in hodling bitcoin because it will always going to increase higher and higher in the future, hope you will not loose hope in hodling bitcoin?

The thoughts of losing hope in Bitcoin will not cross your mind if you have a good grasp of Bitcoin and why you aim to achieve with it. If your knowledge and experience with Bitcoin is low, losing hope will be part of the package. It was said that if you understand your why, you can endure any how. Understand your why for holding Bitcoin.

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February 23, 2025, 01:41:38 PM
 #10

Yeah because Bitcoin already proving it's always profitable if we hold it at least for 4 years.

Holding other coins high likely will lose, even we've hold it for 4 years when Bitcoin is bullish, altcoins not always will break the previous ATH.

People who're familiar or have earn profit from Bitcoin will never lose hope in Bitcoin because they're sure Bitcoin price will keep rising and they don't have to check the price everyday or every week.

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February 23, 2025, 01:48:23 PM
 #11

People didn't believe in bitcoin, so they sold it in 2011, 2014, 2017, and so on.
It is not always like this. People have many reasons to sell bitcoin like they think it's good time to sell it, mandatory and unavoiable selling demand by having urgent need of money, want to outsmart the market by timing the market, finding absolute chance to take profit at ATH and wait for bottom price to reenter, and many things like using leverages, futures trading for possibly better profit and get liquidated eventually.

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The future is not a guarantee so it's all in our decision whether you want to take the risk or sell and back to the old centralized banking system for your payments.

First ever crypto is not a solid reason for someone to hold on to it but it's the decentralization part that can convince them to do so.
Future is uncertain for everyone and it's easier by looking backwards and say something but future is hard to predict. You must have very good strategy for your financial management, and make sure that your life won't be broken if something very bad happens with Bitcoin.

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February 23, 2025, 01:53:56 PM
 #12

I was thinking about cryptocurrencies this morning and I discovered the first cryptocurrency which is bitcoin be the king among other cryptocurrencies,  when you hodl bitcoin for long periods or short period of time, there is a hope of favour either small or big when you are about to sell, Some people have lose hope on some cryptocurrencies based on what they have experienced from them, that made them to lose hope in earning income from them, but it will be difficult to see people losing hope in bitcoin hodling because it always keep increasing in every bull season that appear which this season is an evidence of what bitcoin will display to be the king among other cryptocurrencies. I will not lose hope in hodling bitcoin because it will always going to increase higher and higher in the future, hope you will not loose hope in hodling bitcoin?

Of course every investors will always pray for the price of bitcoin to keep increasing the more as time goes on, so as to enable them get a huge return in thier Future investment. but one thing you need to know is that you can't possibly predict the future, maybe you can just make exaggeration on the future of bitcoin but you can't predict exactly how the future of bitcoin is going to look like maybe in 2years coming.

Of course no one can tell how the crypto market is going to look like probably in the next 2years, so what we need to do right now is to keep doing the HODL  and at same time hoping for the price to increase in the future.

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February 23, 2025, 01:55:37 PM
 #13

Loosing hope in investing on bitcoin is of those who thought of making quick rich while invested on bitcoin otherwise, bitcoin has been a trust worth source of investment that will always bring it investors good remarks of profits.
Either loosing hope on bitcoin or other cryptocurrencies is as results of not getting what you expected without your endeavors of understanding the potential values and strengths of the coin.
So not to be disappointed on your crypto investment, it is good to make market research to discover what coin is worth investing on and get what you expected but then, having to understand the risks of volatility on cryptocurrencies, bitcoin investment has been a hold point because reputation of coin should be first considered before chasing profits so you doing lost your capital all together while holding hopefully to make good outcome.

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February 23, 2025, 02:04:09 PM
 #14

Contrary to what many people believe, Bitcoin is actually not the first ever Crypto-currency, rather it best to say Bitcoin is the first well known Crypto-currency.
And I won't attribute Bitcoin success to it being the first well known Crypto-currency.
Bitcoin is top because of what it is built on, the way Bitcoin functions makes it unique, from the white paper to it limited supply, anonymity and privacy level.

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February 23, 2025, 02:19:12 PM
 #15

People didn't believe in bitcoin, so they sold it in 2011, 2014, 2017, and so on.
When you sell your Bitcoin, does it mean you don't believe in Bitcoin?  Undecided
People sold their Bitcoin because of many reasons. Some people sold their Bitcoin because they need money urgently, other sold Bitcoin because they want to secure profits and buy again in the next correction, and there are also people who sold some Bitcoin because they want to diversify to another asset.

The future is not a guarantee so it's all in our decision whether you want to take the risk or sell and back to the old centralized banking system for your payments.
There is no matter that has a guarantee for the future, everything is unpredictable. However we can learn from the history of Bitcoin price development. It is very clear that Bitcoin price keeps growing from one cycle to another cycle. This should ensure us that Bitcoin has a big potential for the future.

Well, I personally still use banks, here we can't separate from bank system. As long as the law in your country can't legalize Bitcoin or altcoins to be the payment tools, there is no way that we can fully use crypto coins in every aspect in daily life.


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February 23, 2025, 02:23:05 PM
 #16

I will not lose hope in hodling bitcoin because it will always going to increase higher and higher in the future, hope you will not loose hope in hodling bitcoin?

The thoughts of losing hope in Bitcoin will not cross your mind if you have a good grasp of Bitcoin and why you aim to achieve with it. If your knowledge and experience with Bitcoin is low, losing hope will be part of the package. It was said that if you understand your why, you can endure any how. Understand your why for holding Bitcoin.
Knowledge and understanding are a must for those who have high hopes for Bitcoin and besides that they must have strong faith and patience to run it, and all of that must be done at the beginning when you start it and most importantly you must know that Bitcoin is a promising long-term investment and you must also know that the price of Bitcoin continues to increase from time to time even though there is always a decline but in the end it increases again even beyond its highest price. So, if all that I mentioned is embedded in you, I am sure you will be strong and not tempted by the existing profits because you are only sure that the price is not the last highest price experienced by Bitcoin until you find satisfaction with the price of Bitcoin. That hope will be achieved, it takes experience, process, and time that is not short to achieve it.


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February 23, 2025, 02:26:27 PM
 #17

Contrary to what many people believe, Bitcoin is actually not the first ever Crypto-currency, rather it best to say Bitcoin is the first well known Crypto-currency.
Bitcoin is not a first cryptocurrency but it's a first decentralized and successful one.
Bitcoin prehistory.
Before Bitcoin, there are some cryptocurrencies: DigiCash, CyberCash, E-gold, HashCat, Bit-Gold, B-money, and Bittorent.

When you sell your Bitcoin, does it mean you don't believe in Bitcoin?  Undecided
People sold their Bitcoin because of many reasons. Some people sold their Bitcoin because they need money urgently, other sold Bitcoin because they want to secure profits and buy again in the next correction, and there are also people who sold some Bitcoin because they want to diversify to another asset.
Selling is an activity to get money in cash or stable coin from your bitcoin. The market needs to have both buyers and sellers so what will happen with market if there are only buyers and no sellers?

It's funny to write this, because if there are seller, buyers can not buy bitcoin and there are no buyer too. Don't feel bad when there are sellers in the market, and they are contributing to the market by selling bitcoin at prices they see good.

 
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February 23, 2025, 02:46:46 PM
 #18

altcoin basically just follows bitcoin, and will continue to do so... because of that, it makes the price of cryptocurrency tend to move following the movement of bitcoin-- when the price of bitcoin goes up it will tend to go up, and when the price of bitcoin goes down it will tend to go down. that's why bitcoin is lower risk and lower volatility compared to cryptocurrency because it has a good future and is widely recognized and accepted as a store of value by more people. so for that reason for people who hold bitcoin in the long term then they will not regret it because the value will move up.

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February 23, 2025, 02:55:55 PM
 #19

Over the years Bitcoin has proven it's reputation that it's a store of value because it has the potentials to reach new ATH. It's past successes of rallying past it's previous ATH in every bull circle has made a lot of people, establishments and even a country to adopt it. It is the hope of Bitcoin reaching many more ATH in the future that everybody is hodling it and we're quite sure that it'll continue to be so because of it's finite supply.

I don't want to imagine a scenerio where Bitcoin can no longer reach ATH in the future, that'll be disastrous for it's investors. Bitcoin hasn't given us a reason to doubt about it's reaching ATH in the future, so far it's still decentralized and it's limited supply is still guaranteed I'll keep accumulating as much as I can.

 
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February 23, 2025, 03:06:58 PM
 #20

Cryptocurrencies perhaps altcoins and shitcoin are the ones you can get tired of, not Bitcoin. In the whole of any Crypto investment, Bitcoin is the most solid kind to capitalize on, the fear of investing with hard earned sources while the cryptocurrencies are difficult to predict their success often scares away investors. Bitcoin has been profitable, historical table can be drawn on how far the progress of Bitcoin has been, since Bitcoin started evolving into more hands the price has significantly gone up, so it's difficult to presume that in coming years the price won't follow same pattern.

One thing to make clear, whatever you get from any investment, be it altcoins or Bitcoins you don't regard it as income, you make profits out of investment and income from your service rendered. What you get from your income is what you use to invest inside Bitcoin.



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