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Author Topic: How can manage my Bitcoin?  (Read 573 times)
I_Anime
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Today at 12:29:54 PM
 #61

Just like in those chaotic days of youth, we have come to realize in the present time how wrong our previous chaotic life was. Once upon a time, the price of Bitcoin was very low and our digit was very high. If we had managed it without spending it chaotically, then in the present time we could have owned many dollars. But unfortunately, youth does not allow us to do that correct calculation and never allows us to live a controlled life from our chaotic life. If we observe the price of Bitcoin ten years ago and compare it with the present time, then we will clearly understand why we regret living a chaotic life in the past.

I will say most folks made those mistakes due to lack of valuable information and knowledge about bitcoin . I always use my self as an example. Back then when bitcoin price was still around four digits , I didn’t have any interest in it then . Because I saw it as some kind of ponzi scheme that’s too good to be true , why did I have such thought then ? . The answer is simple, I didn’t have any knowledge about it or understand how it worked back then. That’s why the cheat code to building something good in this space is having the right information and knowledge.

Oshio-man
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Today at 01:30:17 PM
 #62

If we had managed it without spending it chaotically, then in the present time we could have owned many dollars.
I have heard some bitcoiners story how they hold bitcoin for a long term before they decided to release them for sale that changed their lives for good, I think some new bitcoiners have learned a lot from some bitcoiners story that will make some to be bold to hold bitcoin for long years to see what they will achieve at the end, for you not to lose hope in your bitcoin, you can create another investment that will make you not to touch your bitcoin in a short time and it will help you to see the price of your choice to earn huge income from bitcoin.

Nathrixxx
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Today at 02:56:54 PM
 #63

So i really need to be guided about this Bitcoin of a thing, and how one can properly manage it without being managed or controlled by the Bitcoin.

There is nothing difficult about understanding how you could manage your Bitcoin as long as you have invested, but prior to this, you are expected to have learned about the network and understand some key features that Bitcoin offers. As a member of this forum, you will be able to engage with several discussions on Bitcoin and how you could enjoy maximum security and privacy as well.

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sunsilk
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Today at 03:12:57 PM
 #64

Something worth learning early is how to manage gains, not just how to buy Bitcoin. Decide in advance what conditions would make you take some profit, and consider moving money you've already made into savings or other assets rather than putting everything back into another trade
This is not considered by many because they have decided to be long term holder but, this also has a point of until or how long they're going to hold.

At what price they'll start to sell to take those profits while continuing with the remaining that they have.

As you have planned on how much and when you'll take the profit, also be wise with planning about reinvesting it back to bitcoin.

That might sound funny of doing the two, but that's how the rich gets richer when they know how to manage their capital and profit back to the market.

 
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xenomorfo
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Today at 05:14:57 PM
 #65

This is not considered by many because they have decided to be long term holder but, this also has a point of until or how long they're going to hold.

At what price they'll start to sell to take those profits while continuing with the remaining that they have.

As you have planned on how much and when you'll take the profit, also be wise with planning about reinvesting it back to bitcoin.

That might sound funny of doing the two, but that's how the rich gets richer when they know how to manage their capital and profit back to the market.

In reality, bitcoin is not supposed to help us get rich, that's not its purpose.
The aim is to escape the clutches of the state, which only knows how to do is punish, kidnap and imprison even good people.
see ICE in the USA for example, I'm not lying.

Fiasem20
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Today at 05:53:05 PM
 #66

So i really need to be guided about this Bitcoin of a thing, and how one can properly manage it without being managed or controlled by the Bitcoin.

There is nothing difficult about understanding how you could manage your Bitcoin as long as you have invested, but prior to this, you are expected to have learned about the network and understand some key features that Bitcoin offers. As a member of this forum, you will be able to engage with several discussions on Bitcoin and how you could enjoy maximum security and privacy as well.
Exactly,this forum will serve as a guide a beginner would follow in other for them to manage their bitcoin.Managing your bitcoin isn’t a big deal,you just have to adopt an accumulating strategy that would work for you or best suit your financial position.Bitcoin investment isn’t a competitive investment so don’t feel pressured whenever you’re investing on bitcoin and in other not to get your bitcoin stolen,it would be wise you have a separate wallet you use for other link stuff that’s related to your bitcoin.Most people’s wallet have been compromised all because they used their main wallet for a task they were recommended to on the internet by a stranger.So in my own opinion the best way to manage your bitcoin is to stay focused on bitcoin and bitcoin alone.

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