HODL bitcoins, you can do it! Look at HODL camp map to build up strong hands

[peter0425]

but yeah since 2022 I started to recover again and now those mistakes will never happen again.
thank you for reminding us how grateful we are being in Bitcoin investing.

It is good that if you started back up in 2022.. so yeah, keep going and keep building your BTC stash, even if it is just a modest amount of $100 per week or whatever you can do..

actually that's what I am doing now , 100$ a week or sometimes even a little higher when there are extra work for a week, not minding how much the price is because Like you i believe that bitcoin will be here and growing in the coming years and not just now and tomorrow.
You are truly aspiring us small investors to keep trusting this great currency..Thank you.

So yeah you surely can be flexible with the amount that you put into bitcoin based on your cashflow and expenses, and surely you have to be careful to make sure that you are not overdoing it. and you have some other funds in case you have some kind of an emergency that might relate to your income or your expenses,

I'll keep that in mind mate and yeah , Like what I said I maintain that 100$ weekly not unless there are something comes out of extra that I am adding to that amount because 100 usd is the only funds I can afford to keep in Wallet.
but aside from that all of my job pay gets directly to my wife as we agreed to that in which she will allow me investing but the family money will be for her to budget.

and looking at the bright side, there should be some hope with people to have such a thing as bitcoin as a possible investment, even though there are a lot of other things screwed up in macro systems, yet bitcoin does seem to offer some really good possibilities for continued great payout down the line, as long as you don't screw it up by cashing out too early.. and just continuing to build it to get your stack size to a point in which it largely might start to be able to sustain itself, once you decide it is time to start to draw upon it.

this is what I realized over the years ,and i pandemic did not arrive ? for sure I have a good chunks of bitcoin now and I did not lose my great job .

Regarding your ideas about trusting bitcoin, you still have to keep in mind your own position size because there are not any guarantees in bitcoin, even though it is currently seeming to be the best of investments currently available..

I will Sir, Surely i will always remember those advise from yours..Thank you!!

[Negotiation]

but yeah since 2022 I started to recover again and now those mistakes will never happen again.
thank you for reminding us how grateful we are being in Bitcoin investing.

It is good that if you started back up in 2022.. so yeah, keep going and keep building your BTC stash, even if it is just a modest amount of $100 per week or whatever you can do..

actually that's what I am doing now , 100$ a week or sometimes even a little higher when there are extra work for a week, not minding how much the price is because Like you i believe that bitcoin will be here and growing in the coming years and not just now and tomorrow.
You are truly aspiring us small investors to keep trusting this great currency..Thank you.

So yeah you surely can be flexible with the amount that you put into bitcoin based on your cashflow and expenses, and surely you have to be careful to make sure that you are not overdoing it. and you have some other funds in case you have some kind of an emergency that might relate to your income or your expenses,

I'll keep that in mind mate and yeah , Like what I said I maintain that 100$ weekly not unless there are something comes out of extra that I am adding to that amount because 100 usd is the only funds I can afford to keep in Wallet.
but aside from that all of my job pay gets directly to my wife as we agreed to that in which she will allow me investing but the family money will be for her to budget.

If you have a job besides earning bitcoins and if your job is enough to meet all your family needs then in my opinion you can keep all the bitcoins earned from bitcointalk. Or invest as much as you can by planning for a long period of time that you will actually hold for. Here is the weekly or monthly saving method which seems to me to be the best method.

[Taskford]

but yeah since 2022 I started to recover again and now those mistakes will never happen again.
thank you for reminding us how grateful we are being in Bitcoin investing.

It is good that if you started back up in 2022.. so yeah, keep going and keep building your BTC stash, even if it is just a modest amount of $100 per week or whatever you can do..

actually that's what I am doing now , 100$ a week or sometimes even a little higher when there are extra work for a week, not minding how much the price is because Like you i believe that bitcoin will be here and growing in the coming years and not just now and tomorrow.
You are truly aspiring us small investors to keep trusting this great currency..Thank you.

So yeah you surely can be flexible with the amount that you put into bitcoin based on your cashflow and expenses, and surely you have to be careful to make sure that you are not overdoing it. and you have some other funds in case you have some kind of an emergency that might relate to your income or your expenses,

I'll keep that in mind mate and yeah , Like what I said I maintain that 100$ weekly not unless there are something comes out of extra that I am adding to that amount because 100 usd is the only funds I can afford to keep in Wallet.
but aside from that all of my job pay gets directly to my wife as we agreed to that in which she will allow me investing but the family money will be for her to budget.

If you have a job besides earning bitcoins and if your job is enough to meet all your family needs then in my opinion you can keep all the bitcoins earned from bitcointalk. Or invest as much as you can by planning for a long period of time that you will actually hold for. Here is the weekly or monthly saving method which seems to me to be the best method.

What good thing about there if you have a full time job and yet you are earning some bitcoins on your side hustle just like what you earn on your sig campaign then you can potentially use that to increase the size of your investment. With this we can assure that we can make our plans into reality and no other issue that can stop us to hodl since we have multiple source of income that can make all things possible on our side. Now the other thing we can do is to look for other more ways to get other source of income so that we would have more money to use maybe to separate it on emergency funds so that we are also fine if we experience a down time on our job and we are still fine since we are fully prepared on this consequences.

[avp2306]

but yeah since 2022 I started to recover again and now those mistakes will never happen again.
thank you for reminding us how grateful we are being in Bitcoin investing.

It is good that if you started back up in 2022.. so yeah, keep going and keep building your BTC stash, even if it is just a modest amount of $100 per week or whatever you can do..

actually that's what I am doing now , 100$ a week or sometimes even a little higher when there are extra work for a week, not minding how much the price is because Like you i believe that bitcoin will be here and growing in the coming years and not just now and tomorrow.
You are truly aspiring us small investors to keep trusting this great currency..Thank you.

So yeah you surely can be flexible with the amount that you put into bitcoin based on your cashflow and expenses, and surely you have to be careful to make sure that you are not overdoing it. and you have some other funds in case you have some kind of an emergency that might relate to your income or your expenses,

I'll keep that in mind mate and yeah , Like what I said I maintain that 100$ weekly not unless there are something comes out of extra that I am adding to that amount because 100 usd is the only funds I can afford to keep in Wallet.
but aside from that all of my job pay gets directly to my wife as we agreed to that in which she will allow me investing but the family money will be for her to budget.

If you have a job besides earning bitcoins and if your job is enough to meet all your family needs then in my opinion you can keep all the bitcoins earned from bitcointalk. Or invest as much as you can by planning for a long period of time that you will actually hold for. Here is the weekly or monthly saving method which seems to me to be the best method.

That's the advantage of having multiple sources of income since you can separate things needed so you may have huge chances to succeed on your plans. Unlike if you only have rely on single income and you are afraid to explore since you don't want to get out on your comfort zone then everything will fail once your expectation on things or how market moves did not follow as what you expect and your main source of income collapsed. That's why its really good to think what's best and don't commit on single income generating since usually people like to quit their job and focus only on bitcoin which is bad choice for them especially if they are not consistently earning or they are just starting up.

[Gormicsta]

So if a guy is able to live off of trading and live a regular life, while at the same time having enough left over that he is able to save between 5% and 25% of his income into bitcoin, then he is doing even better because he is saving for a future - otherwise, he is going to be working his whole life and never getting anywhere.. so I am not sure if that would be a very good way to live... and so yeah, sure how are you going to measure the matter in terms of comparing to other kinds of work that he might be able to do.

In traditional finance, people are generally urged to save 5% to 25% of their income for retirement or other long-term objectives. You are correct in suggesting that someone who can do this with Bitcoin while simultaneously meeting their basic necessities is doing even better. This is because they are not just saving for the future, but also hoping to profit from Bitcoin's potential appreciation over time.
It's a truly unique and imaginative approach to think about Bitcoin savings. Treating Bitcoin like a typical savings vehicle allows users to benefit from both its short-term usage (e.g., as a payment mechanism) and its long-term potential (e.g., as an investment). It's not all about the profit though.People who use Bitcoin as a savings vehicle may also feel more in control of their finances and less reliant on traditional financial institutions.

but yeah since 2022 I started to recover again and now those mistakes will never happen again.
thank you for reminding us how grateful we are being in Bitcoin investing.

It is good that if you started back up in 2022.. so yeah, keep going and keep building your BTC stash, even if it is just a modest amount of $100 per week or whatever you can do..

actually that's what I am doing now , 100$ a week or sometimes even a little higher when there are extra work for a week, not minding how much the price is because Like you i believe that bitcoin will be here and growing in the coming years and not just now and tomorrow.
You are truly aspiring us small investors to keep trusting this great currency..Thank you.

So yeah you surely can be flexible with the amount that you put into bitcoin based on your cashflow and expenses, and surely you have to be careful to make sure that you are not overdoing it. and you have some other funds in case you have some kind of an emergency that might relate to your income or your expenses,

I'll keep that in mind mate and yeah , Like what I said I maintain that 100$ weekly not unless there are something comes out of extra that I am adding to that amount because 100 usd is the only funds I can afford to keep in Wallet.
but aside from that all of my job pay gets directly to my wife as we agreed to that in which she will allow me investing but the family money will be for her to budget.

If you have a job besides earning bitcoins and if your job is enough to meet all your family needs then in my opinion you can keep all the bitcoins earned from bitcointalk. Or invest as much as you can by planning for a long period of time that you will actually hold for. Here is the weekly or monthly saving method which seems to me to be the best method.

It's quite sensible and logical. The strategy you describe is also referred to as DCA (dollar-cost averaging). It's a method in which you invest a certain amount of money on a regular basis, regardless of the investment's price. This helps to level out market fluctuations and reduces the danger of financial loss.
One of the primary advantages of DCA is that it removes emotion from the investment process. When the market is rising, it's easy to get caught up in the enthusiasm and invest all of your money. However, if the market falls, you risk losing a large sum of money.
 By investing a fixed amount of money every month or week, you take the emotion out of the equation and focus on the long-term goal of building wealth. It's like putting money in a piggy bank over time, every coin counts!

There is a lot of scientific research that supports the effectiveness of DCA. One study found that investors who utilized this method over a 10-year period outperformed those who tried to time the market. So, while it may be tempting to purchase low and sell high, data indicates that this is not necessarily the greatest strategy.
 Consistency has shown to be the secret to success.
 One thing to bear in mind about DCA: it is not a "get rich quick" scheme. It's a cautious and steady technique that will take time to produce results. But if you're patient and consistent, it can be quite beneficial. Another thing to keep in mind is that you should invest an amount that you can afford each month/week without putting yourself in a bad financial condition.

but yeah since 2022 I started to recover again and now those mistakes will never happen again.
thank you for reminding us how grateful we are being in Bitcoin investing.

It is good that if you started back up in 2022.. so yeah, keep going and keep building your BTC stash, even if it is just a modest amount of $100 per week or whatever you can do..

actually that's what I am doing now , 100$ a week or sometimes even a little higher when there are extra work for a week, not minding how much the price is because Like you i believe that bitcoin will be here and growing in the coming years and not just now and tomorrow.
You are truly aspiring us small investors to keep trusting this great currency..Thank you.

So yeah you surely can be flexible with the amount that you put into bitcoin based on your cashflow and expenses, and surely you have to be careful to make sure that you are not overdoing it. and you have some other funds in case you have some kind of an emergency that might relate to your income or your expenses,

I'll keep that in mind mate and yeah , Like what I said I maintain that 100$ weekly not unless there are something comes out of extra that I am adding to that amount because 100 usd is the only funds I can afford to keep in Wallet.
but aside from that all of my job pay gets directly to my wife as we agreed to that in which she will allow me investing but the family money will be for her to budget.

If you have a job besides earning bitcoins and if your job is enough to meet all your family needs then in my opinion you can keep all the bitcoins earned from bitcointalk. Or invest as much as you can by planning for a long period of time that you will actually hold for. Here is the weekly or monthly saving method which seems to me to be the best method.

What good thing about there if you have a full time job and yet you are earning some bitcoins on your side hustle just like what you earn on your sig campaign then you can potentially use that to increase the size of your investment. With this we can assure that we can make our plans into reality and no other issue that can stop us to hodl since we have multiple source of income that can make all things possible on our side. Now the other thing we can do is to look for other more ways to get other source of income so that we would have more money to use maybe to separate it on emergency funds so that we are also fine if we experience a down time on our job and we are still fine since we are fully prepared on this consequences.

You are correct that having many streams of income can be an excellent strategy to achieve financial stability. It is usually a good idea to maintain an emergency fund to cover any unforeseen expenses. You're also correct that this strategy can help you hang onto your money even when the market is down. It's a technique to create a safety net for yourself so that you don't rely solely on one source of income.
Having numerous income streams can help you achieve not only your investment goals, but also your other financial goals and many other aspects of your life more quickly. For example, If you're aiming to save for a large purchase, having numerous sources of income can help you get there sooner. Again, having many sources of income can help you achieve financial independence more quickly. And Finally, having numerous income streams can help you strike a better work-life balance. You can decide to work less in one area and more in others that are essential to you, such as spending time with family or pursuing hobbies.

but yeah since 2022 I started to recover again and now those mistakes will never happen again.
thank you for reminding us how grateful we are being in Bitcoin investing.

It is good that if you started back up in 2022.. so yeah, keep going and keep building your BTC stash, even if it is just a modest amount of $100 per week or whatever you can do..

actually that's what I am doing now , 100$ a week or sometimes even a little higher when there are extra work for a week, not minding how much the price is because Like you i believe that bitcoin will be here and growing in the coming years and not just now and tomorrow.
You are truly aspiring us small investors to keep trusting this great currency..Thank you.

So yeah you surely can be flexible with the amount that you put into bitcoin based on your cashflow and expenses, and surely you have to be careful to make sure that you are not overdoing it. and you have some other funds in case you have some kind of an emergency that might relate to your income or your expenses,

I'll keep that in mind mate and yeah , Like what I said I maintain that 100$ weekly not unless there are something comes out of extra that I am adding to that amount because 100 usd is the only funds I can afford to keep in Wallet.
but aside from that all of my job pay gets directly to my wife as we agreed to that in which she will allow me investing but the family money will be for her to budget.

If you have a job besides earning bitcoins and if your job is enough to meet all your family needs then in my opinion you can keep all the bitcoins earned from bitcointalk. Or invest as much as you can by planning for a long period of time that you will actually hold for. Here is the weekly or monthly saving method which seems to me to be the best method.

That's the advantage of having multiple sources of income since you can separate things needed so you may have huge chances to succeed on your plans. Unlike if you only have rely on single income and you are afraid to explore since you don't want to get out on your comfort zone then everything will fail once your expectation on things or how market moves did not follow as what you expect and your main source of income collapsed. That's why its really good to think what's best and don't commit on single income generating since usually people like to quit their job and focus only on bitcoin which is bad choice for them especially if they are not consistently earning or they are just starting up.

It's easy to grow overconfident or even lazy when you have a single source of income that's satisfying your demands. However, you're precisely correct that this can place you in a vulnerable situation if anything changes and that source of income goes. You've also made a really significant point about being comfortable with risk and seeking new chances.
it's possible to achieve a balance between being cautious and taking advantage of fresh opportunities. One technique that can be beneficial is to set aside a specified amount of money for Bitcoin, and to treat it as "play money." That way, you can be constant in your investing without jeopardizing your overall financial stability. It's easy to get stuck in a loop if you're not prepared to take risks and attempt new things.
It is important to approach risk in a balanced manner and avoid putting all of your eggs in one basket. It is also essential to have a backup plan in case things do not go as planned. It's easy to get caught up in the excitement of bitcoin and overlook the foundations of good financial planning.

[I_Anime]

You are correct that having many streams of income can be an excellent strategy to achieve financial stability. It is usually a good idea to maintain an emergency fund to cover any unforeseen expenses. You're also correct that this strategy can help you hang onto your money even when the market is down. It's a technique to create a safety net for yourself so that you don't rely solely on one source of income.
Having numerous income streams can help you achieve not only your investment goals, but also your other financial goals and many other aspects of your life more quickly. For example, If you're aiming to save for a large purchase, having numerous sources of income can help you get there sooner. Again, having many sources of income can help you achieve financial independence more quickly. And Finally, having numerous income streams can help you strike a better work-life balance. You can decide to work less in one area and more in others that are essential to you, such as spending time with family or pursuing hobbies.

having good sources can help one to secure a nice investment for himself, and would also help in hitting his accummulation goal sooner , with some lump-summing , buying the dip ( when it occurs) and frequent use of DCAing to accumulate more bitcoin . And also having some good sources would also help one in having some good amount of emergency funds inorder to coverup expected and unexpected expenses, without ever thinking of tampering with their investment, as their portfolio keep increasing with time. But still even those with no numerous sources can also secure a good investment for themselves, with proper planning concerning his financial situation and all that. And also with some good principles to handle their investment properly .

It's easy to grow overconfident or even lazy when you have a single source of income that's satisfying your demands. However, you're precisely correct that this can place you in a vulnerable situation if anything changes and that source of income goes. You've also made a really significant point about being comfortable with risk and seeking new chances.

that one need to be creative, like someone with a single source that's able to satisfy his demand (a monthly earner)  ,  should establish a personal business  , where he can employ some workers with some nice skills. As another sources to earn extra funds from and also as a back up source if the recent source of income goes as you say. Such individual may decide to use some percentage from his personal business to accumulate some good bitcoin in their portfolio weekly or they may decide to make their DCAing monthly so that he can take some percentage from his business and monthly jobs . In order to buy some go quantity of bitcoin as a monthly DCAing. And still would be able to gather some good funds during the weeks for DCAing and also putting aside a nice amount of money for emergency funds.

[iBaba]

Another fascinating way for someone's Bitcoin investment intentions to change is if they grow more interested in using Bitcoin to support causes that are important to them. For example, many charities and non-profit organizations accept Bitcoin donations. So, a person who started investing in Bitcoin just for profit may discover that they wish to utilize their Bitcoin to support a cause that is important to them. Alternatively, users might use their Bitcoin to invest in initiatives that are built on the Bitcoin blockchain, such as decentralized finance (DeFi) or non-fungible tokens (NFTs), so many others.

It is always exciting and awe-inspiring to join conversations on this wonderful thread, and listening to or reading from what you've just mentioned above is one aspect that I would like to encourage many of us on this platform to pay attention to. There are a lot of things that we may wish to delve into, and sometimes it just occupies our minds. In anything we do in our lives, we are expected to always have humanity at heart, because at the end of the day, we all have roots and may experience different life circumstances.

Like they say in the popular saying, "what goes around, comes around," even though none of us is responsible for whatever predicament or issues any other person is facing, it is always good to help the needy through investing in charity donations for non-profit organizations that are helping the cause of humanity. I don't know if this aspect is mostly discussed here, but if it is done, I feel like it needs to be done even more.

That's why I appreciate my colleague here who is mentioning this particular aspect on this great thread that we are on. Since we're already talking about investment, how do we really invest in humanity? How do we invest in the lives of those who might want to be bitcoin users in the future but face constraints because of some natural disabilities or lack of access to basic amenities? So, it is good for us to champion causes like this.

Lastly, it won't also be a bad idea if, as we are channeling our investments to non-profit organizations for charity works, we can also at the same time suggest to those organizations the introduction of bitcoin to those people. We can get these people to learn how they can use bitcoin technology, and that will be another aspect that would be unpopular but will greatly assist in their financial lives. Many of them cannot access the banks, they also do not trust the banking system and are looking for alternatives. But since they don't have the necessary capabilities that we have, they have been faced with constraints.

So, coming up with initiatives like teaching the less privileged and people with disabilities bitcoin technologies and how they operate, and how they can maximize the opportunity in the bitcoin investments, risk management, and whatnot would go a long way, I believe.

[Smilevictorobinna]

That's what matters when you're holding bitcoin. You shouldn't depend on it as if it's going to give you daily income. The profit that you'll get from it will be coming from how long you hold it as the market gets into fruition and takes time in doing so. Most of the holders that are successful understood this matter and they have just left their Bitcoin on hold and does their things while waiting for its value to pump. Unlike the newbies that think that it's different the way you've described it, they don't realize that they need to have other source still.

Exactly and that shouldn't have been the thing that someone should be doing with bitcoin anyway, the mere fact that the growth of bitcoin isn't going to happen overnight and the daily movement of it's price is so volatile that we're all warned to take precautions when trading and only trade what we can afford to lose means that we all should've been not relying on bitcoin as a means to make money for our daily needs and at the end as you've said, bitcoin's better when you're hodling it the longer. My take on this people that are still doing this reliance on bitcoin for daily money is that they're admirable because they don't mind the risk and that they're crazy enough to do this not just once or in a day.

I also do admire those people that have been completely reliant to Bitcoin in all means of their survival. Like how? through trading or any other tasks that they're paid to do so. But if it's with trading, I'd say that it's kind of hard to survive with it and be wholly reliant on it having no other source of living. But I know the fact that there are traders, full time, that can make as much as they can but with the perspective of not a trader or just do it casually, it's truly hard.

Living off of your trades is one thing, yet one of the important things about bitcoin is that it is a great investment vehicle.

So if a guy is able to live off of trading and live a regular life, while at the same time having enough left over that he is able to save between 5% and 25% of his income into bitcoin, then he is doing even better because he is saving for a future - otherwise, he is going to be working his whole life and never getting anywhere.. so I am not sure if that would be a very good way to live... and so yeah, sure how are you going to measure the matter in terms of comparing to other kinds of work that he might be able to do.

Let's say that he generally could get work for $4k per month, and so his expenses might be $3k, so then he ends up investing $1k per month and/or $250 per week into bitcoin.  Historically we could look this up to see how many bitcoin he would have had after 5 years or 10 years of investing in that kind of a way.  A guy who trades might be skimming off value to live, but then he also might be building his investment capital so that he is able to work with more and more capital the longer that he is trading, the more investment capital he is able to build up... But then is he putting that capital at risk?  probably.  The trader has a mentality to always be putting his capital to work, and so maybe a question of success would be how much is his investment capital growing, and is it growing at a similar rate as someone who had been able to have a regular job and to put aside $250 per week for the past 10 years.

My Hypothetical 2 guy has right around 115 BTC after 10 years of investing $250 per week into BTC, which surely is not a bad place to be.  Is the trader going to beat hypothetical 2 guy?  and hypothetical 5 guy shows that $250 per week would have resulted in around 5 bitcoin up until now if his investment timeline had been for 5 years.

[edited out]

Yes, there is atom of truth in the claim that being a trader is the way to riches because trading will enable one to have a better understanding of the system which is the major factor that will enhance the riches. In otherwise, trading can also have some disadvantage when the prerequisite skill is not well conceive and develop, for one to be a good trader and make riches out of it there must be unprecedented determination and consistency as well as endurance and dedication.

An overwhelming majority of regular people are going to be way better off by just investing into bitcoin regularly rather than trying to trade it.

From the instance you gave I think i agree with you.

I have been trading Bitcoin for years now and I must say I have not made my desired profit, seeing this your write up has made me think of how successful I would have been if I was only investing on Bitcoin than trading it.

Trading of Bitcoin is in two ways which are winning and losing, sometimes you win and sometimes you lose.

If I had invested on Bitcoin for this good number of years I have been trading it I would have had good percent of Bitcoin.

However I'm not saying those that trade Bitcoin are not making it big but investing on Bitcoin will help you have a future investment but trading it will not give you a future investment.

[JayJuanGee]

[edited out]

From the instance you gave I think i agree with you.

I have been trading Bitcoin for years now and I must say I have not made my desired profit, seeing this your write up has made me think of how successful I would have been if I was only investing on Bitcoin than trading it.

Trading of Bitcoin is in two ways which are winning and losing, sometimes you win and sometimes you lose.

If I had invested on Bitcoin for this good number of years I have been trading it I would have had good percent of Bitcoin.

However I'm not saying those that trade Bitcoin are not making it big but investing on Bitcoin will help you have a future investment but trading it will not give you a future investment.

For sure, we cannot necessarily know in advance  in regard to which courses of action are going to pay off better, and surely over the years, bitcoin has been a kind of asset that has been valuable to accumulate, so those who have errored on the side of mostly accumulating bitcoin have done better than those who might have been focused on either accumulating dollars are maybe not very clear in regards to the value of accumulating and holding bitcoin, which likely is going to continue to be true... even though also we know that past performance does not guarantee future performance, even though bitcoins investment thesis seems to continue to get stronger.

[laijsica]

but yeah since 2022 I started to recover again and now those mistakes will never happen again.
thank you for reminding us how grateful we are being in Bitcoin investing.

It is good that if you started back up in 2022.. so yeah, keep going and keep building your BTC stash, even if it is just a modest amount of $100 per week or whatever you can do..

actually that's what I am doing now , 100$ a week or sometimes even a little higher when there are extra work for a week, not minding how much the price is because Like you i believe that bitcoin will be here and growing in the coming years and not just now and tomorrow.
You are truly aspiring us small investors to keep trusting this great currency..Thank you.

So yeah you surely can be flexible with the amount that you put into bitcoin based on your cashflow and expenses, and surely you have to be careful to make sure that you are not overdoing it. and you have some other funds in case you have some kind of an emergency that might relate to your income or your expenses,

I'll keep that in mind mate and yeah , Like what I said I maintain that 100$ weekly not unless there are something comes out of extra that I am adding to that amount because 100 usd is the only funds I can afford to keep in Wallet.
but aside from that all of my job pay gets directly to my wife as we agreed to that in which she will allow me investing but the family money will be for her to budget.

If you have a job besides earning bitcoins and if your job is enough to meet all your family needs then in my opinion you can keep all the bitcoins earned from bitcointalk. Or invest as much as you can by planning for a long period of time that you will actually hold for. Here is the weekly or monthly saving method which seems to me to be the best method.

Good suggestions you have made, arguably the decision to invest in decent bitcoin is going to be great especially for those who are interested. Bitcoin can be best for you in terms of investment if you follow some method which can be lump sum investment which is considered as your holding and long term you can consider DCA on weekly or monthly basis. Depositing with DCA is a great strategy given BTC that you can buy at the dips and even at the top-at the end you will see the average price. Following this method you can be aggressive until the BTC circle is filled and you can continue for the desired duration. You shouldn't be allowed to move fractions from the bitcoin stack and your best way is floating cash for emergency use.

[Smilevictorobinna]

[edited out]

From the instance you gave I think i agree with you.

I have been trading Bitcoin for years now and I must say I have not made my desired profit, seeing this your write up has made me think of how successful I would have been if I was only investing on Bitcoin than trading it.

Trading of Bitcoin is in two ways which are winning and losing, sometimes you win and sometimes you lose.

If I had invested on Bitcoin for this good number of years I have been trading it I would have had good percent of Bitcoin.

However I'm not saying those that trade Bitcoin are not making it big but investing on Bitcoin will help you have a future investment but trading it will not give you a future investment.

For sure, we cannot necessarily know in advance  in regard to which courses of action are going to pay off better, and surely over the years, bitcoin has been a kind of asset that has been valuable to accumulate, so those who have errored on the side of mostly accumulating bitcoin have done better than those who might have been focused on either accumulating dollars are maybe not very clear in regards to the value of accumulating and holding bitcoin, which likely is going to continue to be true... even though also we know that past performance does not guarantee future performance, even though bitcoins investment thesis seems to continue to get stronger.

Yeah, so is better to accumulate as many Bitcoin as one can than to trade it.
A lot of people are regretting but is never too late you can start accumulating it now little by little before you know it you have accumulated a future investment.
I know of a man who died but before his dead he gave his family his trust wallet phrase and when they checked they saw a good amount of Bitcoin and that changed the families life till date. so the best thing to do is accumulate Bitcoin is a big future investment.

[Tungbulu]

[edited out]

From the instance you gave I think i agree with you.

I have been trading Bitcoin for years now and I must say I have not made my desired profit, seeing this your write up has made me think of how successful I would have been if I was only investing on Bitcoin than trading it.

Trading of Bitcoin is in two ways which are winning and losing, sometimes you win and sometimes you lose.

If I had invested on Bitcoin for this good number of years I have been trading it I would have had good percent of Bitcoin.

However I'm not saying those that trade Bitcoin are not making it big but investing on Bitcoin will help you have a future investment but trading it will not give you a future investment.

For sure, we cannot necessarily know in advance  in regard to which courses of action are going to pay off better, and surely over the years, bitcoin has been a kind of asset that has been valuable to accumulate, so those who have errored on the side of mostly accumulating bitcoin have done better than those who might have been focused on either accumulating dollars are maybe not very clear in regards to the value of accumulating and holding bitcoin, which likely is going to continue to be true... even though also we know that past performance does not guarantee future performance, even though bitcoins investment thesis seems to continue to get stronger.

It's very true what you've said about the unpredictability of investment outcomes, Bitcoin has proven to be quite a valuable asset worth holding on to and people should be fully aware of this fact.
It's also very true that past performances can never guarantee future outcomes, it's worth noting that Bitcoin's investment thesis has continued to strengthen overtime which makes Bitcoin a very viable option for investors to accumulate and HODL on to it.

Market dynamics are not static as they are ever changing and it's very important for investors to always be updated, informed and also adapt to whatever changes that comes along with the market. Those investors who have acknowledged the potential of bitcoin, seen the vision behind it and have taken advantage of the situation by taking a long-term approach with Bitcoin have often reaped and are still reaping the actual benefits of Bitcoin.

The fundamentals of Bitcoin investment is to first understand the value of Bitcoin and using the understanding gathered to make informed decisions concerning your investment.

[edited out]

From the instance you gave I think i agree with you.

I have been trading Bitcoin for years now and I must say I have not made my desired profit, seeing this your write up has made me think of how successful I would have been if I was only investing on Bitcoin than trading it.

Trading of Bitcoin is in two ways which are winning and losing, sometimes you win and sometimes you lose.

If I had invested on Bitcoin for this good number of years I have been trading it I would have had good percent of Bitcoin.

However I'm not saying those that trade Bitcoin are not making it big but investing on Bitcoin will help you have a future investment but trading it will not give you a future investment.

For sure, we cannot necessarily know in advance  in regard to which courses of action are going to pay off better, and surely over the years, bitcoin has been a kind of asset that has been valuable to accumulate, so those who have errored on the side of mostly accumulating bitcoin have done better than those who might have been focused on either accumulating dollars are maybe not very clear in regards to the value of accumulating and holding bitcoin, which likely is going to continue to be true... even though also we know that past performance does not guarantee future performance, even though bitcoins investment thesis seems to continue to get stronger.

Yeah, so is better to accumulate as many Bitcoin as one can than to trade it.
A lot of people are regretting but is never too late you can start accumulating it now little by little before you know it you have accumulated a future investment.
I know of a man who died but before his dead he gave his family his trust wallet phrase and when they checked they saw a good amount of Bitcoin and that changed the families life till date. so the best thing to do is accumulate Bitcoin is a big future investment.

HODLing has always been the best approach to me rather than trading, timing the market or any other approach when it comes to Bitcoin investment and it's also very important to always acknowledge that Bitcoin is to be considered at all time for its long-term potential.
Many investors who have HODLed Bitcoin for the long-term have enjoyed and are still enjoying the benefits of HODLing, and it's never too late to join the moving train.

The story of the man you just shared, who left his family the passphrase to his wallet which contained a significant amount of Bitcoin before his demise is an amazing example of one of the benefits attached to HODLing Bitcoin for the long-term.

[Justinapeter]

[edited out]

From the instance you gave I think i agree with you.

I have been trading Bitcoin for years now and I must say I have not made my desired profit, seeing this your write up has made me think of how successful I would have been if I was only investing on Bitcoin than trading it.

Trading of Bitcoin is in two ways which are winning and losing, sometimes you win and sometimes you lose.

If I had invested on Bitcoin for this good number of years I have been trading it I would have had good percent of Bitcoin.

However I'm not saying those that trade Bitcoin are not making it big but investing on Bitcoin will help you have a future investment but trading it will not give you a future investment.

For sure, we cannot necessarily know in advance  in regard to which courses of action are going to pay off better, and surely over the years, bitcoin has been a kind of asset that has been valuable to accumulate, so those who have errored on the side of mostly accumulating bitcoin have done better than those who might have been focused on either accumulating dollars are maybe not very clear in regards to the value of accumulating and holding bitcoin, which likely is going to continue to be true... even though also we know that past performance does not guarantee future performance, even though bitcoins investment thesis seems to continue to get stronger.

Yeah, so is better to accumulate as many Bitcoin as one can than to trade it.
A lot of people are regretting but is never too late you can start accumulating it now little by little before you know it you have accumulated a future investment.
I know of a man who died but before his dead he gave his family his trust wallet phrase and when they checked they saw a good amount of Bitcoin and that changed the families life till date. so the best thing to do is accumulate Bitcoin is a big future investment.

HODLing has always been the best approach to me rather than trading, timing the market or any other approach when it comes to Bitcoin investment and it's also very important to always acknowledge that Bitcoin is to be considered at all time for its long-term potential.
Many investors who have HODLed Bitcoin for the long-term have enjoyed and are still enjoying the benefits of HODLing, and it's never too late to join the moving train.

The story of the man you just shared, who left his family the passphrase to his wallet which contained a significant amount of Bitcoin before his demise is an amazing example of one of the benefits attached to HODLing Bitcoin for the long-term.

It is a common understanding that investing in bitcoin for the long term will produce profits because the strength of bitcoin will look better if it is held for the long term.
But this applies to people who already understand the conditions of bitcoin's journey because there are many people out there who still don't believe in bitcoin as a step to achieving financial freedom.
Bitcoin is a source of strength in a bad economy and even due to the impact of inflation, Bitcoin is still one of the best assets that is able to maintain its value. That's why the power of bitcoin has been so tested that it has achieved widespread adoption and this happened because people saw the best opportunity that bitcoin had.

However the dropping of price does not do harm to bitcoin. It only makes it easy to stay in the game. Bear market is an opportunity for investors to invest more and fill their bags in these bear market. Also when the price is low, many new investors will join the game. They can buy low so that they can sell at a higher price. It also clears out the market from weak holders who disrupt the market flow. Overall it's not a bad thing. And in the long run, we are going to make profits anyway. So all is left to do is DCA and hodling.

[Assface16678]

[edited out]

From the instance you gave I think i agree with you.

I have been trading Bitcoin for years now and I must say I have not made my desired profit, seeing this your write up has made me think of how successful I would have been if I was only investing on Bitcoin than trading it.

Trading of Bitcoin is in two ways which are winning and losing, sometimes you win and sometimes you lose.

If I had invested on Bitcoin for this good number of years I have been trading it I would have had good percent of Bitcoin.

However I'm not saying those that trade Bitcoin are not making it big but investing on Bitcoin will help you have a future investment but trading it will not give you a future investment.

For sure, we cannot necessarily know in advance  in regard to which courses of action are going to pay off better, and surely over the years, bitcoin has been a kind of asset that has been valuable to accumulate, so those who have errored on the side of mostly accumulating bitcoin have done better than those who might have been focused on either accumulating dollars are maybe not very clear in regards to the value of accumulating and holding bitcoin, which likely is going to continue to be true... even though also we know that past performance does not guarantee future performance, even though bitcoins investment thesis seems to continue to get stronger.

Yeah, so is better to accumulate as many Bitcoin as one can than to trade it.
A lot of people are regretting but is never too late you can start accumulating it now little by little before you know it you have accumulated a future investment.
I know of a man who died but before his dead he gave his family his trust wallet phrase and when they checked they saw a good amount of Bitcoin and that changed the families life till date. so the best thing to do is accumulate Bitcoin is a big future investment.

Well, its because that is the most ideal right now doing DCA or dollar cost average, many people who wants to invest in bitcoin getting the wrong idea of bitcoin having a high price little they know they can start even just $50 or $100 to buy bitcoin or a fraction of bitcoin which is called satoshi, in doing so the investors doesnt need to be burdened to have to buy a very huge amount of bitcoin, they just need to accumulate a fraction of it and when the movement of price is favorable to them then that fraction could earn or increase also, and that is the beauty of DCA you can entry whenever ypu want to with small amount of satoshi in every movement you see that it will increase later on, you just need to catch the good placement and to do that you need to be good at analysing and predicting the market.

[Searing]

https://asktom.cf/index.php?topic=375643.0

The above original HOLD post of 2013

I saw this post back in the day. I got into www.asktom.cf on April 13th, 2013....but made his mistakes till about 2015 when I finally went into HODL mode.
I have btc friends for decades that IF I sell an altcoin or any btc (doubtful) I must inform them immediately...they made lots and lots of $$$ on me with altcoins when

I sold on the low and they bought then and killed it. I kid thee not. About 8 out of 10 times they did very well.

odd skill to have sell low and buy high but it does work with bitcoin if you buy high since 2013 and then HODL...I suspect the next 12 years or so will be the same

HODL

[EFS]

https://asktom.cf/index.php?topic=375643.0

The above original HOLD post of 2013

I saw this post back in the day. I got into www.asktom.cf on April 13th, 2013....but made his mistakes till about 2015 when I finally went into HODL mode.
I have btc friends for decades that IF I sell an altcoin or any btc (doubtful) I must inform them immediately...they made lots and lots of $$$ on me with altcoins when

I sold on the low and they bought then and killed it. I kid thee not. About 8 out of 10 times they did very well.

odd skill to have sell low and buy high but it does work with bitcoin if you buy high since 2013 and then HODL...I suspect the next 12 years or so will be the same

HODL

Everyone who was around back then has similar stories. At the end of the day, very few people managed to hold on to their BTC for all these years. If people had been able to hold their Bitcoin, the price wouldn't have gone up this much anyway. People kept selling, others kept buying, over the years that pushed the price higher. More people became Bitcoin holders, but the amounts held got smaller. Those who stayed disciplined and held on tight are living a very different life now.

Still, it's not too late for anything. If this forum is still around 12 years from now, we can come back and look at how far we've come.

[JayJuanGee]

https://asktom.cf/index.php?topic=375643.0
The above original HOLD post of 2013
I saw this post back in the day. I got into www.asktom.cf on April 13th, 2013....but made his mistakes till about 2015 when I finally went into HODL mode.
I have btc friends for decades that IF I sell an altcoin or any btc (doubtful) I must inform them immediately...they made lots and lots of $$$ on me with altcoins when

I sold on the low and they bought then and killed it. I kid thee not. About 8 out of 10 times they did very well.
odd skill to have sell low and buy high but it does work with bitcoin if you buy high since 2013 and then HODL...I suspect the next 12 years or so will be the same
HODL

Everyone who was around back then has similar stories. At the end of the day, very few people managed to hold on to their BTC for all these years. If people had been able to hold their Bitcoin, the price wouldn't have gone up this much anyway. People kept selling, others kept buying, over the years that pushed the price higher. More people became Bitcoin holders, but the amounts held got smaller. Those who stayed disciplined and held on tight are living a very different life now.

Still, it's not too late for anything. If this forum is still around 12 years from now, we can come back and look at how far we've come.

Are you one of those who mostly accumulated early EFS? rather than dragging out the accumulation of dee cornz?  If we go by your forum registration date, then you could have had gotten into bitcoin with prices around $100 or maybe even lower than that.

My assumption is that many folks take a while to build up their bitcoin stashes, and they do not tend to have a lot of money just sitting around that they can throw into bitcoin as soon (or soon after) they find out about it, so it could take them a year or two or even more to really build up a meaningful amount of stash, and surely if a person was even somewhat aggressive in 2013, 2014, 2015 and perhaps even into 2016, he may well could have had established his bitcoin stash in a period of time that is much shorter than what it would have had taken in situations where he got into bitcoin at later points of time.

Of course, in 2013, there were a few months between about October 2013 into January/February 2014 that there might have had been some disadvantages to frontload the investment into bitcoin during those higher priced times.  Yet, it cannot really be known at the time if the top is in or not.

My own claim to bitcoin accumulation is that I spent a year or two and maybe even ended up being 3 years accumulating bitcoin, yet I would still end up retroactively proclaim that I did most of my accumulation in 2014 and 2015.. .more of my accumulation in 2014 rather than 2015.. .since I mostly ran out of money in 2015. so at the end of 2014, I had come to a sort of tentative conclusion that I largely had accumulated enough bitcoin, yet the problem for me ended up being that 2015 was such a down year for bitcoin (with prices largely between $220 and $250 for most of the year), that it was irresistible to not continue to accumulate bitcoin during 2015 - even though I had some cashflow issues in 2015 that were not completely related to my bitcoin accumulation in 2014, and so my cashflow issues in 2015 hindered my ability to really accumulate bitcoin during that time.

So, even though retro-actively it seems so obvious that guys getting into bitcoin in 2013, 2014, 2015 and even into 2016 may well should have had reached a good sized bitcoin stash without really having to spend as much time building their bitcoin stash... but yeah, each generation is similar since the generation of bitcoiners who came to bitcoin in 2018, 2019 and 2020 would not have had to spend as much time accumulating bitcoin as compared with those coming in 2022, 2023 and 2024.  

I guess in essence, each generation (or maybe class?) comes into bitcoin and the subsequent classes have to take longer than the previous classes in order to get to a decently enough bitcoin stash size, yet at the same time, we cannot even presume that each of the classes were able to keep their eyes on the prize (namely bitcoin) and to make sure that they were mostly erroring on the side of accumulating and/or holding bitcoin rather than getting distracted in some shitcoin and/or getting distracted into trading bitcoin rather than HODLing and accumulating it through buying only.

And, really I don't buy the idea that guys just come into bitcoin and buy a few times and sit on their investment.  

I personally believe that it is impractical (and perhaps even short-sighted) to invest in such a way that does not involve ongoing, persistent, consistent, regular and perhaps even aggressive buying of bitcoin for at least whole cycle (even though we may have been able to get away with less than a whole cycle in the earlier years (the earlier classes)).. ..

Oh, and by the way, I would not want to discount the bitcoiners who came onto the bitcoin scene in 2010, 2011 and 2012 - even though maybe those first generation OG bitcoiners can be considered as even greater aberrations since it would have had been even harder to get ahold of coins in those times, and largely I am focusing on 2013 and thereafter since that is a timeline that can be attributed to you, me and Searing..  since we are the last three participants in the posts of this thread (I injected my lil selfie into the conversation at this point).

[Searing]

https://asktom.cf/index.php?topic=375643.0
The above original HOLD post of 2013
I saw this post back in the day. I got into www.asktom.cf on April 13th, 2013....but made his mistakes till about 2015 when I finally went into HODL mode.
I have btc friends for decades that IF I sell an altcoin or any btc (doubtful) I must inform them immediately...they made lots and lots of $$$ on me with altcoins when

I sold on the low and they bought then and killed it. I kid thee not. About 8 out of 10 times they did very well.
odd skill to have sell low and buy high but it does work with bitcoin if you buy high since 2013 and then HODL...I suspect the next 12 years or so will be the same
HODL

Everyone who was around back then has similar stories. At the end of the day, very few people managed to hold on to their BTC for all these years. If people had been able to hold their Bitcoin, the price wouldn't have gone up this much anyway. People kept selling, others kept buying, over the years that pushed the price higher. More people became Bitcoin holders, but the amounts held got smaller. Those who stayed disciplined and held on tight are living a very different life now.

Still, it's not too late for anything. If this forum is still around 12 years from now, we can come back and look at how far we've come.

Are you one of those who mostly accumulated early EFS? rather than dragging out the accumulation of dee cornz?  If we go by your forum registration date, then you could have had gotten into bitcoin with prices around $100 or maybe even lower than that.

My assumption is that many folks take a while to build up their bitcoin stashes, and they do not tend to have a lot of money just sitting around that they can throw into bitcoin as soon (or soon after) they find out about it, so it could take them a year or two or even more to really build up a meaningful amount of stash, and surely if a person was even somewhat aggressive in 2013, 2014, 2015 and perhaps even into 2016, he may well could have had established his bitcoin stash in a period of time that is much shorter than what it would have had taken in situations where he got into bitcoin at later points of time.

Of course, in 2013, there were a few months between about October 2013 into January/February 2014 that there might have had been some disadvantages to frontload the investment into bitcoin during those higher priced times.  Yet, it cannot really be known at the time if the top is in or not.

My own claim to bitcoin accumulation is that I spent a year or two and maybe even ended up being 3 years accumulating bitcoin, yet I would still end up retroactively proclaim that I did most of my accumulation in 2014 and 2015.. .more of my accumulation in 2014 rather than 2015.. .since I mostly ran out of money in 2015. so at the end of 2014, I had come to a sort of tentative conclusion that I largely had accumulated enough bitcoin, yet the problem for me ended up being that 2015 was such a down year for bitcoin (with prices largely between $220 and $250 for most of the year), that it was irresistible to not continue to accumulate bitcoin during 2015 - even though I had some cashflow issues in 2015 that were not completely related to my bitcoin accumulation in 2014, and so my cashflow issues in 2015 hindered my ability to really accumulate bitcoin during that time.

So, even though retro-actively it seems so obvious that guys getting into bitcoin in 2013, 2014, 2015 and even into 2016 may well should have had reached a good sized bitcoin stash without really having to spend as much time building their bitcoin stash... but yeah, each generation is similar since the generation of bitcoiners who came to bitcoin in 2018, 2019 and 2020 would not have had to spend as much time accumulating bitcoin as compared with those coming in 2022, 2023 and 2024.  

I guess in essence, each generation (or maybe class?) comes into bitcoin and the subsequent classes have to take longer than the previous classes in order to get to a decently enough bitcoin stash size, yet at the same time, we cannot even presume that each of the classes were able to keep their eyes on the prize (namely bitcoin) and to make sure that they were mostly erroring on the side of accumulating and/or holding bitcoin rather than getting distracted in some shitcoin and/or getting distracted into trading bitcoin rather than HODLing and accumulating it through buying only.

And, really I don't buy the idea that guys just come into bitcoin and buy a few times and sit on their investment.  

I personally believe that it is impractical (and perhaps even short-sighted) to invest in such a way that does not involve ongoing, persistent, consistent, regular and perhaps even aggressive buying of bitcoin for at least whole cycle (even though we may have been able to get away with less than a whole cycle in the earlier years (the earlier classes)).. ..

Oh, and by the way, I would not want to discount the bitcoiners who came onto the bitcoin scene in 2010, 2011 and 2012 - even though maybe those first generation OG bitcoiners can be considered as even greater aberrations since it would have had been even harder to get ahold of coins in those times, and largely I am focusing on 2013 and thereafter since that is a timeline that can be attributed to you, me and Searing..  since we are the last three participants in the posts of this thread (I injected my lil selfie into the conversation at this point).

I got on www.asktom.cf on April 13th, 2013. I sat around till about July and was refunded on BFL scam about 2 years later (a whole other story) I ordered the KNC Jupiter

Miner on July 1st 2013 when BTC was about $69 usd. I got the KNC Jupiter Miner on Oct 18th, 2013 and BTC that day hit $150 when I looked. It arrived in pieces and full

of water and insides in disarray.....I was one depressed puppy. OBVIOUSLY, I missed the boat on $69 btc buy buying this in July. Then further scandalized in that the unit had not

frigging SWITCH. Found out you to short the motherboard connector on the Computer PSU with a cut in half paper clip on I think it was 19 and 21 pins? Sat  in the water

in the basement...cared little about electrocution....and it worked after drying it all out and together with a hair dryer. I have never been so depressed. I paid $5,131.80 for this
  
beast. I think I was mining 1 BTC a day and as $150 BTC was 'unheard' of I expected a crash in price again to $12....pissed  my with BTC getting equip to get more btc and

rinse wash repeat via altcoins mostly mining to btc...then in 2015 just  the in HODL BTC (lost ground with altcoin mining in hindsight) and added till about 2019 to the btc hoard

It is all in an estate for friends/relatives...I'm boring and do fine with my 2012 Ford Fusion and no debts so meh

as to another point
poss
I have found from bitcointalk chat/ bfl chat/ or whatever....that since 2013 with no exaggeration 90% of all BTC HODL'ers from such posts and chat dump their BTC stuff

from 2013 till present ..no matter what price they got in at...at about $50k when it becomes real $$. You see this over and over on dumps on btc/crypto.

With what I feel is the coming recession (again) cash flees first and btc/crypto 2nd....most folks rich poor or whatever are over extended on cc or life and it just goes poof


so ....it is not exactly when you started in btc to me it is that magic about $50k of real money and real life pressures on a 50% btc dump where everyone (mostly) punts and sells

so....again IMHO was most common thing I've seen from 2013 to present

so it does not matter how or what price you get your bitcoin..it only matters that you keep whatever BTC till 2035 and don't sell and HODL when 99% has been mined.

Also, I should still do the same by selling useless stuff I will die with in the attic to further get some btc dust as well via PayPal or Coinbase

But I always remember, Blackrock really, really wants my BTC....so that is somewhat telling to me to never sell till at least 2035 or emergencies...

my 2c worth

HODL

[JayJuanGee]

[edited out]

I got on www.asktom.cf on April 13th, 2013. I sat around till about July and was refunded on BFL scam about 2 years later (a whole other story) I ordered the KNC JupiterMiner on July 1st 2013 when BTC was about $69 usd. I got the KNC Jupiter Miner on Oct 18th, 2013 and BTC that day hit $150 when I looked. It arrived in pieces and full of water and insides in disarray.....

I was one depressed puppy. OBVIOUSLY, I missed the boat on $69 btc buy buying this in July. Then further scandalized in that the unit had not frigging SWITCH. Found out you to short the motherboard connector on the Computer PSU with a cut in half paper clip on I think it was 19 and 21 pins? Sat  in the waterin the basement...cared little about electrocution....and it worked after drying it all out and together with a hair dryer. I have never been so depressed. I paid $5,131.80 for this beast. I think I was mining 1 BTC a day and as $150 BTC was 'unheard' of I expected a crash in price again to $12....pissed  my with BTC getting equip to get more btc and rinse wash repeat via altcoins mostly mining to btc...then in 2015 just  the in HODL BTC (lost ground with altcoin mining in hindsight) and added till about 2019 to the btc hoard It is all in an estate for friends/relatives...I'm boring and do fine with my 2012 Ford Fusion and no debts so meh

as to another point
poss
I have found from bitcointalk chat/ bfl chat/ or whatever....that since 2013 with no exaggeration 90% of all BTC HODL'ers from such posts and chat dump their BTC stuff from 2013 till present ..no matter what price they got in at...at about $50k when it becomes real $$. You see this over and over on dumps on btc/crypto.

With what I feel is the coming recession (again) cash flees first and btc/crypto 2nd....most folks rich poor or whatever are over extended on cc or life and it just goes poof so ....it is not exactly when you started in btc to me it is that magic about $50k of real money and real life pressures on a 50% btc dump where everyone (mostly) punts and sells  so....again IMHO was most common thing I've seen from 2013 to present so it does not matter how or what price you get your bitcoin..it only matters that you keep whatever BTC till 2035 and don't sell and HODL when 99% has been mined.

Also, I should still do the same by selling useless stuff I will die with in the attic to further get some btc dust as well via PayPal or Coinbase But I always remember, Blackrock really, really wants my BTC....so that is somewhat telling to me to never sell till at least 2035 or emergencies...my 2c worth
HODL

Surely, there is likely some luck and/or coincidence that relates to where-ever we might happen to be in life at the time that we first hear about bitcoin and whether we are ready, willing and/or able to act upon our finding out about bitcoin at the time that we find out about it.

I think for myself, I was somewhat lucky to be somewhat in the right place at the right time, even though I probably could have had started investing into bitcoin a few months before I actually started investing into it since by the time we got to September/October-ish of 2013, I was already in the process of looking into various investments, and I had a bookmark of a page that related to bitcoin, yet that bookmarked page was on my own back burner of "things to do later" until in about mid_November 2013, I had a conversation on the interwebs (no it was not this forum) with a guy who told me that he had gotten into bitcoin in 2012 in relation to his having had been getting products on Silkroad, and for some reason he had bought around 27 bitcoin for perhaps less than $5 each (which I think was the most that he ever had) and for some reason he ended up mostly hanging onto those 27 BTC in the first 2013 run up ti $232-ish, and then kind of presuming himself close to a genius, especially in the second run up in late 2013 when the price went into the supra $1,100 arena, he was considering himself to be even more of a genius, and through my conversation with him.

I found out that he was quite young (in his early 20s), and I got the impression that within his own framing of what he was doing and why, he was mixing up luck and skill... which still inspired me to look into my bookmarked page that was on the bitcoin topic, and other bitcoin related links that I came across in that time, until I made my first bitcoin purchase towards the end of November and came up with my plan to provide myself a 6 month budget in which I could invest weekly and perhaps even frontload my bitcoin investment a wee bit... and those were my tentative ideas without really realizing that we were at a top that would not be reached again until about March 2017. .. yet in any event I largely bought between late 2013 and early 2017, created other plans related to bitcoin that were largely based on my ongoing study of the bitcoin topic (and related matters) in those early years of mine that ended up being mostly my bitcoin accumulation years.

I think that part of my point is that even though I did not really realize it at the time, I was in a good place in terms of my looking for investments at that time, and probably my reaction to bitcoin would have had been much different at other times in my life when I was not in such a receptive place as I had happened to be at the time that I first got started with investing into bitcoin.

To me, it seems that you Searing, were already receptive to a bitcoin technical angle and mining, even if mining did not end up being as profitable of a way into bitcoin as compared with straight out buying bitcoin, so there might have been some coincidence in that too... even though sometimes each of us will end up building and/or developing in our involvement into bitcoin in accordance with some of our already existing inclinations.

[Searing]

[edited out]

I got on www.asktom.cf on April 13th, 2013. I sat around till about July and was refunded on BFL scam about 2 years later (a whole other story) I ordered the KNC JupiterMiner on July 1st 2013 when BTC was about $69 usd. I got the KNC Jupiter Miner on Oct 18th, 2013 and BTC that day hit $150 when I looked. It arrived in pieces and full of water and insides in disarray.....

I was one depressed puppy. OBVIOUSLY, I missed the boat on $69 btc buy buying this in July. Then further scandalized in that the unit had not frigging SWITCH. Found out you to short the motherboard connector on the Computer PSU with a cut in half paper clip on I think it was 19 and 21 pins? Sat  in the waterin the basement...cared little about electrocution....and it worked after drying it all out and together with a hair dryer. I have never been so depressed. I paid $5,131.80 for this beast. I think I was mining 1 BTC a day and as $150 BTC was 'unheard' of I expected a crash in price again to $12....pissed  my with BTC getting equip to get more btc and rinse wash repeat via altcoins mostly mining to btc...then in 2015 just  the in HODL BTC (lost ground with altcoin mining in hindsight) and added till about 2019 to the btc hoard It is all in an estate for friends/relatives...I'm boring and do fine with my 2012 Ford Fusion and no debts so meh

as to another point
poss
I have found from bitcointalk chat/ bfl chat/ or whatever....that since 2013 with no exaggeration 90% of all BTC HODL'ers from such posts and chat dump their BTC stuff from 2013 till present ..no matter what price they got in at...at about $50k when it becomes real $$. You see this over and over on dumps on btc/crypto.

With what I feel is the coming recession (again) cash flees first and btc/crypto 2nd....most folks rich poor or whatever are over extended on cc or life and it just goes poof so ....it is not exactly when you started in btc to me it is that magic about $50k of real money and real life pressures on a 50% btc dump where everyone (mostly) punts and sells  so....again IMHO was most common thing I've seen from 2013 to present so it does not matter how or what price you get your bitcoin..it only matters that you keep whatever BTC till 2035 and don't sell and HODL when 99% has been mined.

Also, I should still do the same by selling useless stuff I will die with in the attic to further get some btc dust as well via PayPal or Coinbase But I always remember, Blackrock really, really wants my BTC....so that is somewhat telling to me to never sell till at least 2035 or emergencies...my 2c worth
HODL

Surely, there is likely some luck and/or coincidence that relates to where-ever we might happen to be in life at the time that we first hear about bitcoin and whether we are ready, willing and/or able to act upon our finding out about bitcoin at the time that we find out about it.

I think for myself, I was somewhat lucky to be somewhat in the right place at the right time, even though I probably could have had started investing into bitcoin a few months before I actually started investing into it since by the time we got to September/October-ish of 2013, I was already in the process of looking into various investments, and I had a bookmark of a page that related to bitcoin, yet that bookmarked page was on my own back burner of "things to do later" until in about mid_November 2013, I had a conversation on the interwebs (no it was not this forum) with a guy who told me that he had gotten into bitcoin in 2012 in relation to his having had been getting products on Silkroad, and for some reason he had bought around 27 bitcoin for perhaps less than $5 each (which I think was the most that he ever had) and for some reason he ended up mostly hanging onto those 27 BTC in the first 2013 run up ti $232-ish, and then kind of presuming himself close to a genius, especially in the second run up in late 2013 when the price went into the supra $1,100 arena, he was considering himself to be even more of a genius, and through my conversation with him.

I found out that he was quite young (in his early 20s), and I got the impression that within his own framing of what he was doing and why, he was mixing up luck and skill... which still inspired me to look into my bookmarked page that was on the bitcoin topic, and other bitcoin related links that I came across in that time, until I made my first bitcoin purchase towards the end of November and came up with my plan to provide myself a 6 month budget in which I could invest weekly and perhaps even frontload my bitcoin investment a wee bit... and those were my tentative ideas without really realizing that we were at a top that would not be reached again until about March 2017. .. yet in any event I largely bought between late 2013 and early 2017, created other plans related to bitcoin that were largely based on my ongoing study of the bitcoin topic (and related matters) in those early years of mine that ended up being mostly my bitcoin accumulation years.

I think that part of my point is that even though I did not really realize it at the time, I was in a good place in terms of my looking for investments at that time, and probably my reaction to bitcoin would have had been much different at other times in my life when I was not in such a receptive place as I had happened to be at the time that I first got started with investing into bitcoin.

To me, it seems that you Searing, were already receptive to a bitcoin technical angle and mining, even if mining did not end up being as profitable of a way into bitcoin as compared with straight out buying bitcoin, so there might have been some coincidence in that too... even though sometimes each of us will end up building and/or developing in our involvement into bitcoin in accordance with some of our already existing inclinations.

Luck.

I had hours cut due to mis-understanding at work and a higher up in org I worked for way up....knocked me down to like under 30hrs to teach me a lesson for overtime..

I worked for 30 years with dev disabled and overnights..in that the pay went down at that time the usually univ students who came in the morning at 7am just stopped

going to work. In other words the pay was not the reason for the job...the experience for their social work or nursing or psych degree was the reason ..thus thanksgiving like

9 quit...and no one got hired that was stable till the following summer

thus..the NEWB high up adminstrator...got me for excessive overtime staying till 11am or longer but being clueless to the field...he never bothered to check my job

you can't really just 'leave' when you shift is over with dev disabled deaf/blind mentally challenged people in their group home..thus the overtime

anyway....looking at that and a 1/3rd cut in pay ...took months to straighten this out I was bored...I had a adj faculty job teaching phy ed class :karate at the local state

univ...I had another dev disabled job and the above one..no debts....so the original gig worker....beholden to no one

but bored

so decided to put up the old bbs game server back up ..needed intellectual challenge..that would be about $2k and like $60 a month electric loss (was huge) for the

gamer system ..ie bored...

found out about bitcoin needed $5,131.80 for the KNC Jupiter

did not have the cash

spent a lot of time walking by my 4 or 5 Valerian Steel Swords (see site) the game of thrones rr author of such books....I thought he would be the next Tolkien and

got the book version of the GOT swords (not current hbo version) before HBO...this thus the height of HBO..I sold the swords for almost the full amount of the

KNC Jupiter Miner of $5,131.80 on a whim and boredom

just got tired of waking by them on the wall and the idea of bitcoin as virtual land (all value is based on land) appealed to me even back then

so sold them

and figured I'd help micro lending in India with the btc and blockchain (no alt coins yet or ie litecoin) and maybe the unit would pay for itself/elec and by

the time difficulty caught up with it...maybe the last year I could pay my monthly utils off the beast and do some good with the whole micro lending in India

hype which was big in 2013 and stop my intellectual bored

the rest is history

the catch with HODL'ing BTC is that you have to 'despise' $$$  a little bit to do so correctly..the same is true of business and being say a venture capitalist

it has to be a tool as such

my brothers, previous to me being in public service and above tried to get me to go into being business like them for 'stuff' and 'toys' and spending $$$

I was not impressed....3 years into btc and mining and depreciation of equipment they were shocked...i had all the biz lingo down at least as much as a well

off rancher and/or venture capitalist...indeed a buddy was a banker with a data hall and could keep up just dandy

what did you do with our brother pod person they said

I said they did not approach me correctly on biz aspects....being like a venture capitalist or making btc to get equip to make more btc and handshake deals

at $100k a pop and a whim I thought that was interesting...$$$ to make $$$ not so much

should have hit me with the venture capitalist viewpoint on business and worked backwards

so now most of us have spent like 13 or more years as old ASIC miners of note...a lot of us over a decade so we are

exactly like retired Captains of Air Ships/Zeppelins....all that 'expertise' and the industry has moved on

So I've said this for years, to HODL BTC for more then a decade you really, really have to 'despise money and the whole lifestyle of $$$" a little bit

Money Manages You or You Manage Money

fun times telling your brother as an investment broker you did a handshake deal with a guy 2 states away on phone and bitcointalk for $90k of BTC

for a mess of miners (which i made a lot more then $90k on Titan LTC Miners...I'd convert LTC to BTC asap) on a handshake and never met the guy
n
you had to move quick word was your bond....did some broker deals here for that kinda $$ for Trust I guess on bitcoin talk as well

when I told my brother everyone watched him hit his head on the table in the pub we were at

again, all that expertise and no place to use it...ie Capt of Zeppelin 13 years plus of skills... no Air Ships ..
el
but yeah luck and circumstance but I retired in btc in 2018 completely and watched it go down 70% and the end of the year I think it was

not gonna un-retire...so I just HODL now..it is in an estate for my nursing home days and/or friends and relatives..best to treat it like ranch

land to be passed along but easier to HODL

but yeah....luck...1st

hand shake deals and your word 2nd

and 3rd is HODL while the world burns down out of just despising money as such

what can I say ...convoluted and insane probably but has worked out just fine

I hope the next 10  years are the same....ups/downs like a roller coaster are probably more 'soothing' the 2nd time around

HODL

p.s. i type as fast as I think so don't sweat the length above....

p.p.s. I know of hundreds of miners who fought/bled played the above equip games and hustled that are in HODL for a lot of their btc over a decade

I know of no one personally that would say dump the price of a miner like $5,131.80 for the KNC Jupiter and get around 100 btc july 1st 2013

that still has that bitcoin....because buying the bitcoin was a cash operation...both in selling and buying so they all sold

mining (maybe trading) you had to work over it ..usually over a decade till home mining and small data halls were then moot (in my case 2019)

a lot of those folks still HODL

so probably mining was the least smart way do do it..but emotionally the safe way to HODL and keep it in 20/20 hindsight