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Raflesia
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November 02, 2024, 12:48:35 PM |
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You are absolutely correct, you know sometimes I wish I could turn back the hands of clock but it can't be possible that's why I'm utilizing great this time. It's true that one can start Bitcoin investment anytime, any day but trust me there's going to be a difference between people that is investment now and those who are still procrastinating and will later join maybe in the future, you can imagine how some investors are finding it difficult now to grow their portfolio because of the value Bitcoin has I mean the value is so high that getting a piece of it, is so hard now compare to it 2010, 2012 and then imagine how much difficult it will be in the future.
It was not only you who failed to accumulate bitcoin when the price was very low; you have to put the past behind you and concentrate on your bitcoin accumulation journey. You are still early in bitcoin because the price is still cheap. What should be your concern is how you are going to accumulate a reasonable amount of bitcoin before it becomes so expensive that you find it difficult to accumulate or miss out on bitcoin. In the next 5 years, you might not see the price of bitcoin at this level again, and some people will still regret why they didn't start accumulating bitcoin now. Is one a failure if one did not adopt bitcoin at its inception? I am quite surprised why many people regret not buying bitcoin in the past (from the beginning of bitcoin) because in the end even if we were in that period and bought it, is the confidence to stay in bitcoin still embedded today? We regret the past just because we know that bitcoin now has very good potential but in the end the benchmark is just that there is nothing else while even if we bought at that time and do not know the present whether we really believe in the bitcoin we have. Don't forget Lazlo who exchanged 10000 bitcoins for pizza and many people who exchanged bitcoins for console games in the past because it was not like bitcoin then and I'm pretty sure that I, you and most other people would have done the same thing back then because we are still not too sure about bitcoin (because we don't know what the future will bring). So in this case I think it is very silly to regret the past and think that we failed just because we were not in bitcoin at that time considering life goes on and when we still cannot escape the past then indeed we will forever fail because we do not move at all.
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Roseline492
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November 02, 2024, 01:14:51 PM |
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Is one a failure if one did not adopt bitcoin at its inception? I am quite surprised why many people regret not buying bitcoin in the past
The answer is NO, anybody who did not invest in Bitcoin at the inception is totally far from a failure because the Bitcoin has never runway from the reach of anyone, it has always been available for anybody that needs it, so actually I would disagree with anybody who says that those who did not invest on the Bitcoin inception is a failure, however the only way I would have consider it to be true was if Bitcoin was a one time investment because we understand what a one time investment means that after missing the chance to invest there will not be anymore opportunity but fortunately such investment has never been in Bitcoin, so in conclusion nobody is a failure for not accumulating Bitcoin at the inception.
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SuperBitMan
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November 02, 2024, 03:57:42 PM Last edit: November 02, 2024, 05:23:25 PM by SuperBitMan Merited by Rockson1 (2), fillippone (1) |
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That's just one of the disadvantage of having only one source of income, though it's very good to have a source of income that generate a very good amount of money for you weekly or monthly, but in other for your Bitcoin investment and your Bitcoin accumulation process to be easy and smooth, you just have to have more than one source of income and an emergency fund so as you wouldn't have to fall back to your holding when their is a pressing financial needs
Well is really good to have more than one sources of income it will help to lighten things for yah , most time the other sources can be a particular skill you learnt or having a side hustle. Most folks have a nice job and same time may have a good tech skill , so it can be using both to support each other, so he can choose to use more percentage of one of his sources to accumulate while he use the other as an emergency funds, so that he won't endup tampering with his investment when passing through hard time. For investor relying on single investment its like ticking bomb for them waiting for disaster to come since if they lose their job that gives them income then for sure that they would face on darkest side in their life. Also with that thing for sure that they cannot set up their emergency fund since that doesn't give them any extra funds to spend on this important matter. If we want to became a good or at least successful investor a multiple source of income is really important since the generated funds we get is somehow a good basis on how long we could able to last on long term investment path that we choose. Investment with bitcoin needs patience and consistent income flow so we need to be secured or consistent so that we could able to last up to 4 - 10 years or depends on the years set by each investors. I was one of those who championed this multiple sources of income but along the line, I realized how defective that could be because it create a case of "Jack of all trades, master of none". If you are poised to getting multiple streams of income, chances are high that you will end of splitting your time and resources into tiny segments that may not produce the much desired results. I remember when I was still thinking this way, I was contemplating mining, buying shitcoins in their ICO and hoping they pump, investing in shares and also trying out stocks. That was how I spread my funds into different areas and end up losing most of the funds because what I was doing was sheer trial and error. Instead of the quest to invest here and there, I think getting a solid business in the physical sector and investing in Bitcoin in the digital space is just enough. This will give you the time and opportunity to do it well and perfect the business. Part of the proceeds from the business can be invested into Bitcoin and saved for the future. For those working paid job, they can attached just one other physical investment to their job so they remain afloat always instead of spreading their money to anything they see in the guise of multiple streams of income. If your mind is so determined about opening too many streams of income, you will end up investing in many things that you will lose your money because there will not be enough time to study the business well and perform all the necessary risk analysis. Another angle is that sometimes we also should be investing into ourselves in ways that would potentially cause us to work smarter rather than working harder and also we might be able to increase our income by being able to get higher paying jobs by investing into ourselves (such as training, education and/or getting experiences that might not pay well in early years, but have greater potential to pay off higher at later times down the road). So far, hard work alone can not upgrade our resourcefulness, there are times when we need to utilize our skills and conduct to increase efficiency, if it was total based on hard work then we should be having less or no poor people in the society because in reality the poor tends to work more hands in other to survive. In my own environment, the basic way of keeping wealth is by owning businesses, this has been the most efficient method whereby people enlarges their output, with less stress and conserving lot's of time to spend on creating another. You are right however i think you should use the word working smart, what differentiate a successful man and an unsuccessful man is the level of brain work they put into there work, some people saw the way Bitcoin was going in 2012 to 2014 and decided to start accumulating and today they have become successful through Bitcoin investment, as humans we need to think far beyond if we only focus on working hard without thinking we won't achieve success. When it comes to bitcoin investment some newbies who just joined Bitcoin investment are busy waiting for a dip to happen before they can start accumulating while some have already started there Bitcoin accumulation journey without waiting for a dip, now those who are busy waiting for a dip they are not working smart but those who are not waiting for a dip are the once working smart. Working smart has proven to be the best way to follow the success journey some people work so hard and still have nothing to show for it and the reason is because they didn't work smart.
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ginsan
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November 02, 2024, 09:34:12 PM |
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Is one a failure if one did not adopt bitcoin at its inception? I am quite surprised why many people regret not buying bitcoin in the past
The answer is NO, anybody who did not invest in Bitcoin at the inception is totally far from a failure because the Bitcoin has never runway from the reach of anyone, it has always been available for anybody that needs it, so actually I would disagree with anybody who says that those who did not invest on the Bitcoin inception is a failure, however the only way I would have consider it to be true was if Bitcoin was a one time investment because we understand what a one time investment means that after missing the chance to invest there will not be anymore opportunity but fortunately such investment has never been in Bitcoin, so in conclusion nobody is a failure for not accumulating Bitcoin at the inception. You are right, they can invest in bitcoin anytime and anywhere as long as they can have an internet connection. Yes they can buy bitcoin today, tomorrow or next year, the only difference is the price because if they invest early they can buy at a low price and that's the difference. There is also no delay or regret because they can still buy bitcoin today. There are many cases where they deserve to be said because they do not understand what Hold is. So early investors who sell btc early because they do not have any knowledge about the future of Bitcoin. Yes they did not fail they just made mistakes and that can be fixed in the new investment they run. Bitcoin is always on the market, we only need money to be able to own Bitcoin and also be able to hold it better for the long term.
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Glen Hoddle
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November 02, 2024, 11:30:00 PM |
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Is one a failure if one did not adopt bitcoin at its inception? I am quite surprised why many people regret not buying bitcoin in the past
The answer is NO, anybody who did not invest in Bitcoin at the inception is totally far from a failure because the Bitcoin has never runway from the reach of anyone, it has always been available for anybody that needs it, so actually I would disagree with anybody who says that those who did not invest on the Bitcoin inception is a failure, however the only way I would have consider it to be true was if Bitcoin was a one time investment because we understand what a one time investment means that after missing the chance to invest there will not be anymore opportunity but fortunately such investment has never been in Bitcoin, so in conclusion nobody is a failure for not accumulating Bitcoin at the inception. I don't think this is correct, because you don't know about all the investors history. But while everyone can start out at a loss, many investors are new so it's normal to lose. But the probability of bitcoin investment loss is very low, if you observe you can definitely see many gamblers who have been holding for a long time are definitely successful. Investors who follow the advice in this thread will have very little chance of losing. Bitcoin is the only long-term investment that is key to its success.
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Barikui1
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November 03, 2024, 05:29:00 AM |
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Is one a failure if one did not adopt bitcoin at its inception? I am quite surprised why many people regret not buying bitcoin in the past
The answer is NO, anybody who did not invest in Bitcoin at the inception is totally far from a failure because the Bitcoin has never runway from the reach of anyone, it has always been available for anybody that needs it, so actually I would disagree with anybody who says that those who did not invest on the Bitcoin inception is a failure, however the only way I would have consider it to be true was if Bitcoin was a one time investment because we understand what a one time investment means that after missing the chance to invest there will not be anymore opportunity but fortunately such investment has never been in Bitcoin, so in conclusion nobody is a failure for not accumulating Bitcoin at the inception. There is also no delay or regret because they can still buy bitcoin today. Bitcoin is always on the market, we only need money to be able to own Bitcoin and also be able to hold it better for the long term. You really make me laugh by this your statement here, I mean your statement I made bold, yea it's quite true that you can still buy Bitcoin today and start your accumulation journey, but what I totally disagree with you is when you said that their is no regrets in not buying Bitcoin earlier, bro, stop trying to make yourself feels better, No their is always a regret especially when you are aware of it earlier, or are you trying to tell me that you didn't wish you invested in Bitcoin earlier, especially in the early days when it was still in the range of 100 dollar? Sincerely speaking, if you say that you didn't wish you invested earlier, especially when it price was still $100 to 1k bro you are not being sincere, because their is always a symptom of regret mostly when you got the information or knowledge earlier and you didn't take it, though it's not that late to invest in Bitcoin, because it still has the capacity of doing 10x to 20x of it current price in like 10 to 20 years time from now, so in essence of what am trying to say is that their is always a regret, when you Miss a golden opportunity, like you are aware of it, but you didn't take the opportunity, that's where the regret mostly lies.
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laijsica
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November 03, 2024, 09:02:55 AM Merited by JayJuanGee (1) |
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Is one a failure if one did not adopt bitcoin at its inception? I am quite surprised why many people regret not buying bitcoin in the past
The answer is NO, anybody who did not invest in Bitcoin at the inception is totally far from a failure because the Bitcoin has never runway from the reach of anyone, it has always been available for anybody that needs it, so actually I would disagree with anybody who says that those who did not invest on the Bitcoin inception is a failure, however the only way I would have consider it to be true was if Bitcoin was a one time investment because we understand what a one time investment means that after missing the chance to invest there will not be anymore opportunity but fortunately such investment has never been in Bitcoin, so in conclusion nobody is a failure for not accumulating Bitcoin at the inception. I don't think this is correct, because you don't know about all the investors history. But while everyone can start out at a loss, many investors are new so it's normal to lose. But the probability of bitcoin investment loss is very low, if you observe you can definitely see many gamblers who have been holding for a long time are definitely successful. Investors who follow the advice in this thread will have very little chance of losing. Bitcoin is the only long-term investment that is key to its success. I would agree with you because if an investor can master the strategy of holding bitcoin he can be a very successful investor. Investment risk can be high among newbies if you can easily understand the level of potential risk while investing and do DCA regularly the chances of losing can be reduced to a great extent. Yes, many gamblers may have achieved a lot of success by holding for the long term according to your opinion and at the same time there is a trend of consistent buying among them. Another point I would like to add to your opinion is that the key to long-term Bitcoin investment success is when you can regularly run DCA and have a single buying trend during each price correction period. A single purchase will increase your chances of getting more bitcoin holdings at the same time.
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CageMabok
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November 03, 2024, 12:48:08 PM Merited by JayJuanGee (1) |
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I don't think this is correct, because you don't know about all the investors history. But while everyone can start out at a loss, many investors are new so it's normal to lose. But the probability of bitcoin investment loss is very low, if you observe you can definitely see many gamblers who have been holding for a long time are definitely successful. Investors who follow the advice in this thread will have very little chance of losing. Bitcoin is the only long-term investment that is key to its success.
Investors who have held Bitcoin for a long time and also still really like to increase their Bitcoin by buying are investors who really know about the history of Bitcoin itself so that they no longer hesitate to continue buying Bitcoin as their investment asset for a long period of time. Currently I still believe that every day there are always investors who exchange their money for Bitcoin with methods that they often use because they no longer think about the potential for losses while still holding Bitcoin. Meanwhile, new investors will usually be busier looking for references and knowledge for themselves so that their mentality can be better trained when holding Bitcoin or when they want to buy Bitcoin again at this time. Because those who have not been holding Bitcoin for long will usually ask more questions to people who have invested in Bitcoin for a long time so that they can get a little guidance from those who have had earlier experience in Bitcoin.
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JayJuanGee
Legendary
Online
Activity: 4326
Merit: 13869
Self-Custody is a right. Say no to "non-custodial"
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November 03, 2024, 03:21:57 PM |
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Is one a failure if one did not adopt bitcoin at its inception? I am quite surprised why many people regret not buying bitcoin in the past
The answer is NO, anybody who did not invest in Bitcoin at the inception is totally far from a failure because the Bitcoin has never runway from the reach of anyone, it has always been available for anybody that needs it, so actually I would disagree with anybody who says that those who did not invest on the Bitcoin inception is a failure, however the only way I would have consider it to be true was if Bitcoin was a one time investment because we understand what a one time investment means that after missing the chance to invest there will not be anymore opportunity but fortunately such investment has never been in Bitcoin, so in conclusion nobody is a failure for not accumulating Bitcoin at the inception. There is also no delay or regret because they can still buy bitcoin today. Bitcoin is always on the market, we only need money to be able to own Bitcoin and also be able to hold it better for the long term. You really make me laugh by this your statement here, I mean your statement I made bold, yea it's quite true that you can still buy Bitcoin today and start your accumulation journey, but what I totally disagree with you is when you said that their is no regrets in not buying Bitcoin earlier, bro, stop trying to make yourself feels better, No their is always a regret especially when you are aware of it earlier, or are you trying to tell me that you didn't wish you invested in Bitcoin earlier, especially in the early days when it was still in the range of 100 dollar? Since none of us can turn back the clock, we have to start to act from today. Yes, we might feel some regret that we did not start buying bitcoin earlier, yet we ONLY have today, and if we start today, there will likely be a time in which we look back and say "I am sure glad that I started buying bitcoin on November 3, 2024 (or whatever might end up being the date?)" The sooner the better, and even the sooner that we start looking into how do I get started and how can i make my first buy, the better. Frequently, it can still take a bit of time to figure out how to source our first bitcoins while we are figuring out other aspects in regards to initial storage set up and perhaps converting that down the road too... So yeah, just getting started does seem to start from a time that is "as soon as possible" and probably better today rather than tomorrow, and yesterday is no longer a choice.. .so whether we have regrets about yesterday or not, we still may well need to consider that our actions can ONLY be done from today, and getting started and budgeting time for doing whatever we can in regards to bitcoin may need to be moved up in our priorities...so that we can get started as soon as possible and not have regrets in regards to what we are doing today, even if we may or may not have regrets about what we did or failed to do yesterday. Sincerely speaking, if you say that you didn't wish you invested earlier, especially when it price was still $100 to 1k bro you are not being sincere, because their is always a symptom of regret mostly when you got the information or knowledge earlier and you didn't take it, though it's not that late to invest in Bitcoin, because it still has the capacity of doing 10x to 20x of it current price in like 10 to 20 years time from now, so in essence of what am trying to say is that their is always a regret, when you Miss a golden opportunity, like you are aware of it, but you didn't take the opportunity, that's where the regret mostly lies.
Hopefully, we are not using any regrets that we have in negative rather than positive ways, and even if we might have some regrets about the past, there is a certain inability to do anything about our past actions except to figure out if there might be something that we might need to do today in order that in the future we are not regretting our actions and/or our failures to act today. It is not always obvious what the action should be, except we know that historically in bitcoinlandia, it has been better to buy bitcoin sooner rather than later, yet so many folks 1) have trouble figuring out what actions to take today, and 2) get worried that if they get started buying bitcoin today that they will end up buying at the top and then end up being exit liquidity for someone else. Surely many of us likely realize that when we get started in bitcoin, we can merely start out buying $10 worth of bitcoin, so one of the main things is just figuring out whether we have $10 of disposable income that we are able to put into bitcoin, and so if we can figure out that we have $10 that we can put into bitcoin, then we should get the fuck started and figure out how to source our bitcoin, which also could take a bit of time to either set up a private wallet so we can receive the bitcoin and/or to start to establish some accounts on exchanges to be able to source our bitcoin through exchanges, and once we start acquiring bitcoin, we are not necessarily locked into our original way of sourcing our bitcoin, and so it could still take us quite a bit of time and investment just to figure out some of the basics in regards to sourcing our bitcoin, yet the mere fact that we may well have to do some work in regards to sourcing our bitcoin (and holding it), we still should not be discouraged in regards to getting started and figuring out our time, energies and value budget.. so that hopefully we will not have regrets in the future, even if we might ONLY start out with $10 or maybe we start out with $100 per week, and while we are figuring out the details the weeks are going by, so perhaps we are better off to be investing (buying) the $100 per week while we are trying to figure out whether we are going to stick through our ongoing accumulation of bitcoin or if we might end up giving up and/or having regrets later down the road? Is one a failure if one did not adopt bitcoin at its inception? I am quite surprised why many people regret not buying bitcoin in the past
The answer is NO, anybody who did not invest in Bitcoin at the inception is totally far from a failure because the Bitcoin has never runway from the reach of anyone, it has always been available for anybody that needs it, so actually I would disagree with anybody who says that those who did not invest on the Bitcoin inception is a failure, however the only way I would have consider it to be true was if Bitcoin was a one time investment because we understand what a one time investment means that after missing the chance to invest there will not be anymore opportunity but fortunately such investment has never been in Bitcoin, so in conclusion nobody is a failure for not accumulating Bitcoin at the inception. I don't think this is correct, because you don't know about all the investors history. But while everyone can start out at a loss, many investors are new so it's normal to lose. But the probability of bitcoin investment loss is very low, if you observe you can definitely see many gamblers who have been holding for a long time are definitely successful. Investors who follow the advice in this thread will have very little chance of losing. Bitcoin is the only long-term investment that is key to its success. I would agree with you because if an investor can master the strategy of holding bitcoin he can be a very successful investor. Investment risk can be high among newbies if you can easily understand the level of potential risk while investing and do DCA regularly the chances of losing can be reduced to a great extent. Yes, many gamblers may have achieved a lot of success by holding for the long term according to your opinion and at the same time there is a trend of consistent buying among them. Another point I would like to add to your opinion is that the key to long-term Bitcoin investment success is when you can regularly run DCA and have a single buying trend during each price correction period. A single purchase will increase your chances of getting more bitcoin holdings at the same time. The truth of the matter is that the longer that any of us accumulate BTC through a DCA method (even if we don't call it DCA), then the less any particular purchase of BTC is going to make any kind of meaningful difference. In the longer run, our ongoing stacking of bitcoin ends up adding to be a lot of bitcoin, even though the incremental parts are likely not going to add up to very much.. except if we are looking back 4-10- years or longer,. we are likely going to recognize and appreciate that many of the BTC that we had accumulated in our first cycle (our 1st 4 years) ended up being a great bargain, whether we bought them at the top, bottom or the middle of the price.. and since we have almost no fucking way to figure out if we are at the top, bottom or middle of the price range, it is likely way better that we just keep buying rather than spending much if any energy trying to figure out where the BTC price might be going... just lock in our BTC buys on a regular, persistent and consistent basis, so that later down the road, we are going to have way better chances of appreciating our own earlier actions rather than regretting. I don't think this is correct, because you don't know about all the investors history. But while everyone can start out at a loss, many investors are new so it's normal to lose. But the probability of bitcoin investment loss is very low, if you observe you can definitely see many gamblers who have been holding for a long time are definitely successful. Investors who follow the advice in this thread will have very little chance of losing. Bitcoin is the only long-term investment that is key to its success.
Investors who have held Bitcoin for a long time and also still really like to increase their Bitcoin by buying are investors who really know about the history of Bitcoin itself so that they no longer hesitate to continue buying Bitcoin as their investment asset for a long period of time. Currently I still believe that every day there are always investors who exchange their money for Bitcoin with methods that they often use because they no longer think about the potential for losses while still holding Bitcoin. Meanwhile, new investors will usually be busier looking for references and knowledge for themselves so that their mentality can be better trained when holding Bitcoin or when they want to buy Bitcoin again at this time. Because those who have not been holding Bitcoin for long will usually ask more questions to people who have invested in Bitcoin for a long time so that they can get a little guidance from those who have had earlier experience in Bitcoin. You are correct. Many times bitcoin investors come to realize that it is better to just ongoingly, persistently and consistently buy bitcoin rather than screwing around trying to figure out whether there is a dip or might be a dip, and sure it might make some of the newbie investors feel better to be buying bitcoin on the dip, yet it is still likely going to end up paying off way more for the newbies to develop a personality and a habit to be buying bitcoin persistently, consistently and ongongly at least for a whole cycle and perhaps even longer than a whole cycle depending on their financial situation and/or whether they are able to front load their BTC investment.
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1) Self-Custody is a right. Resist being labelled as: "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Pi-network314159
Sr. Member
  
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In love serve one another
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November 03, 2024, 03:33:23 PM |
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Is one a failure if one did not adopt bitcoin at its inception? I am quite surprised why many people regret not buying bitcoin in the past
The answer is NO, anybody who did not invest in Bitcoin at the inception is totally far from a failure because the Bitcoin has never runway from the reach of anyone, it has always been available for anybody that needs it, so actually I would disagree with anybody who says that those who did not invest on the Bitcoin inception is a failure, however the only way I would have consider it to be true was if Bitcoin was a one time investment because we understand what a one time investment means that after missing the chance to invest there will not be anymore opportunity but fortunately such investment has never been in Bitcoin, so in conclusion nobody is a failure for not accumulating Bitcoin at the inception. I don't think this is correct, because you don't know about all the investors history. But while everyone can start out at a loss, many investors are new so it's normal to lose. But the probability of bitcoin investment loss is very low, if you observe you can definitely see many gamblers who have been holding for a long time are definitely successful. I think you are missing out something Here, a gambler in this topic of discussion is a person who buy and trade or hold shitcoins which may or may not guaratee success. while true HODLer is a person that hold Bitcoin in his possession and success is sure in due time. Because after 2 , 3 or 4 circle, bitcoin will definitely reach a new ATH at the end of each circle. Definitely HODLing bitcoin is sure than your HODLing shitcoin. Investors who follow the advice in this thread will have very little chance of losing. Bitcoin is the only long-term investment that is key to its success.
The reason why most people chose advice from this thread is not simply because they want to excape the temporary loses in bitcoin price changes but to take advantage of bitcoin low price now it is less than $100k. Any investor is tantamount to loss because the nature of bitcoin makes it so. Yeah bitcoin is volatile, you may buy today and it dip today but that doesn't mean it will not recover. You can buy dip today and it rise. The nature of bitcoin is profit and lose but that is not our problem right now, our problem now is not the temporary price change but the expected profit in the nearest future.
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Ricardo11
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November 03, 2024, 04:25:00 PM |
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Investors who follow the advice in this thread will have very little chance of losing. Bitcoin is the only long-term investment that is key to its success.
The reason why most people chose advice from this thread is not simply because they want to excape the temporary loses in bitcoin price changes but to take advantage of bitcoin low price now it is less than $100k. Any investor is tantamount to loss because the nature of bitcoin makes it so. Yeah bitcoin is volatile, you may buy today and it dip today but that doesn't mean it will not recover. You can buy dip today and it rise. The nature of bitcoin is profit and lose but that is not our problem right now, our problem now is not the temporary price change but the expected profit in the nearest future. Those who have real knowledge about Bitcoin do not consider the short-term volatility of Bitcoin as a risk, rather they consider it as an opportunity to buy more. No matter how much the value of Bitcoin falls, it will continue to recover. Bitcoin is not a fixed currency, the nature of Bitcoin is to fluctuate. And it has been up and down since the beginning. But for those who don't know about Bitcoin, or are new to investing in Bitcoin, this volatility can seem intimidating. But those who know about Bitcoin, know very well that the rise and fall of Bitcoin is an opportunity to buy more Bitcoin. So if a new investor is afraid of this short-term volatility, he should research the history of Bitcoin. Because if he researched the history of Bitcoin well, he would understand that the volatility of Bitcoin is a normal thing. We should not be afraid of this short-term volatility, but plan for long-term holdings. And regardless of the value of Bitcoin, ( the price be low or high) you have to make a strong decision to invest a certain amount regularly. And should continue to invest in any situation. And you have to do whatever is necessary to keep this investment going continuously, like keeping emergency fund ready, reserve fund ready, etc. The value of Bitcoin will increase a lot in the future. And from now on, those who are holding Bitcoin, will be able to profit much more during that time. So our aim should be to hold for long term, only then we can enjoy real profit of Bitcoin.
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Mayor of ogba
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November 03, 2024, 08:15:06 PM Merited by JayJuanGee (1) |
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You are absolutely correct, you know sometimes I wish I could turn back the hands of clock but it can't be possible that's why I'm utilizing great this time. It's true that one can start Bitcoin investment anytime, any day but trust me there's going to be a difference between people that is investment now and those who are still procrastinating and will later join maybe in the future, you can imagine how some investors are finding it difficult now to grow their portfolio because of the value Bitcoin has I mean the value is so high that getting a piece of it, is so hard now compare to it 2010, 2012 and then imagine how much difficult it will be in the future.
It was not only you who failed to accumulate bitcoin when the price was very low; you have to put the past behind you and concentrate on your bitcoin accumulation journey. You are still early in bitcoin because the price is still cheap. What should be your concern is how you are going to accumulate a reasonable amount of bitcoin before it becomes so expensive that you find it difficult to accumulate or miss out on bitcoin. In the next 5 years, you might not see the price of bitcoin at this level again, and some people will still regret why they didn't start accumulating bitcoin now. Is one a failure if one did not adopt bitcoin at its inception? No, no one is a failure for not accumulating bitcoin from inception. Since bitcoin is one of the best-performing assets to invest in now, people who missed investing in bitcoin right from inception are regretting not starting their bitcoin investment a long time ago when the price was very low, which would have allowed them to accumulate a lot of bitcoin with a small capital and also allowed them to be in a great profit by now. This is not the time to regret not accumulating bitcoin from inception. We have seen how bitcoin has performed in the past years, and since nobody can turn the clock back, we should start accumulating bitcoin now so that we will not regret it again when bitcoin achieves $300k in the future. our problem now is not the temporary price change but the expected profit in the near future.
Pi-network, you are wrong. Our problem now is not the expected profit we are to get in the future but how we are going to accumulate the quantity of bitcoin we want and hold it to the expected year we want to sell it. After we have accumulated the quantity of bitcoin we want to hold, we can now start talking about the profit that we want from our bitcoin investment.
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Raflesia
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November 03, 2024, 09:07:50 PM |
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Is one a failure if one did not adopt bitcoin at its inception? I am quite surprised why many people regret not buying bitcoin in the past
The answer is NO, anybody who did not invest in Bitcoin at the inception is totally far from a failure because the Bitcoin has never runway from the reach of anyone, it has always been available for anybody that needs it, so actually I would disagree with anybody who says that those who did not invest on the Bitcoin inception is a failure, however the only way I would have consider it to be true was if Bitcoin was a one time investment because we understand what a one time investment means that after missing the chance to invest there will not be anymore opportunity but fortunately such investment has never been in Bitcoin, so in conclusion nobody is a failure for not accumulating Bitcoin at the inception. I don't think this is correct, because you don't know about all the investors history. But while everyone can start out at a loss, many investors are new so it's normal to lose. But the probability of bitcoin investment loss is very low, if you observe you can definitely see many gamblers who have been holding for a long time are definitely successful. Investors who follow the advice in this thread will have very little chance of losing. Bitcoin is the only long-term investment that is key to its success. But in the end it doesn't mean that those of us who are new are considered failures because that is clearly something that I think is too descriptive just because we are new to bitcoin then we are considered failures. Although in the end the loss may be true but loss and failure are 2 different things so in this case I agree more if maybe talking more towards loss. But even in this case we must be aware that in the end losses can also be minimized even though we are new to bitcoin because the initial loss is actually a common thing especially for long-term investments made especially everyone who is in bitcoin must have felt a loss at least once in the implementation of the investment made. As for old people, the average of them must be successful but with a note that they survive with the investments they make because in the end even though it is an old person when they do not survive with their investment then everything will remain the same there is no exception of new investors or old investors because the most important thing in this case is how strong we are in holding our assets in the end.
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khiholangkang
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November 03, 2024, 09:46:26 PM |
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The answer is NO, anybody who did not invest in Bitcoin at the inception is totally far from a failure because the Bitcoin has never runway from the reach of anyone, it has always been available for anybody that needs it, so actually I would disagree with anybody who says that those who did not invest on the Bitcoin inception is a failure, however the only way I would have consider it to be true was if Bitcoin was a one time investment because we understand what a one time investment means that after missing the chance to invest there will not be anymore opportunity but fortunately such investment has never been in Bitcoin, so in conclusion nobody is a failure for not accumulating Bitcoin at the inception.
I don't think this is correct, because you don't know about all the investors history. But while everyone can start out at a loss, many investors are new so it's normal to lose. But the probability of bitcoin investment loss is very low, if you observe you can definitely see many gamblers who have been holding for a long time are definitely successful. Investors who follow the advice in this thread will have very little chance of losing. Bitcoin is the only long-term investment that is key to its success. But in the end it doesn't mean that those of us who are new are considered failures because that is clearly something that I think is too descriptive just because we are new to bitcoin then we are considered failures. Although in the end the loss may be true but loss and failure are 2 different things so in this case I agree more if maybe talking more towards loss. But even in this case we must be aware that in the end losses can also be minimized even though we are new to bitcoin because the initial loss is actually a common thing especially for long-term investments made especially everyone who is in bitcoin must have felt a loss at least once in the implementation of the investment made. As for old people, the average of them must be successful but with a note that they survive with the investments they make because in the end even though it is an old person when they do not survive with their investment then everything will remain the same there is no exception of new investors or old investors because the most important thing in this case is how strong we are in holding our assets in the end. If we open our eyes wider, failures and losses are very common for investors who invest in any asset, all of them have something like that before being called a successful investor, including in Bitcoin, whether it's early or long or not even known at all, failures, mistakes and losses are always scientific spaces that can be obtained in the process, so in my opinion there is no need to discriminate against a failure and loss because it must exist, The most important thing in investing is to correct every mistake, both in buying and selling strategies, especially in investing in bitcoin, what needs to be believed that many people still cannot do is long-term investing in bitcoin, because history has proven again that even if we buy bitcoin at the highest price, we can get a decent return if we keep it longer, especially if we buy again when the price drops.
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Ambatman
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November 03, 2024, 10:03:45 PM |
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Losses are inevitable but net loss is as a result of poor risk management, skill and knowledge. Investing in Bitcoin could cause losses The possibilities isn't neglected but it has never caused losses so far to holders. Personally I believe a dip doesn't necessarily mean loss It occurs when you sold Then one can say they made a loss since they sold lower than. Buying price. As long as am holding especially Bitcoin, I haven't lost yet. Personal mindset am building.
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Taskford
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November 03, 2024, 10:17:51 PM Merited by JayJuanGee (1) |
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I don't think this is correct, because you don't know about all the investors history. But while everyone can start out at a loss, many investors are new so it's normal to lose. But the probability of bitcoin investment loss is very low, if you observe you can definitely see many gamblers who have been holding for a long time are definitely successful. Investors who follow the advice in this thread will have very little chance of losing. Bitcoin is the only long-term investment that is key to its success.
Investors who have held Bitcoin for a long time and also still really like to increase their Bitcoin by buying are investors who really know about the history of Bitcoin itself so that they no longer hesitate to continue buying Bitcoin as their investment asset for a long period of time. Currently I still believe that every day there are always investors who exchange their money for Bitcoin with methods that they often use because they no longer think about the potential for losses while still holding Bitcoin. Meanwhile, new investors will usually be busier looking for references and knowledge for themselves so that their mentality can be better trained when holding Bitcoin or when they want to buy Bitcoin again at this time. Because those who have not been holding Bitcoin for long will usually ask more questions to people who have invested in Bitcoin for a long time so that they can get a little guidance from those who have had earlier experience in Bitcoin. You are correct. Many times bitcoin investors come to realize that it is better to just ongoingly, persistently and consistently buy bitcoin rather than screwing around trying to figure out whether there is a dip or might be a dip, and sure it might make some of the newbie investors feel better to be buying bitcoin on the dip, yet it is still likely going to end up paying off way more for the newbies to develop a personality and a habit to be buying bitcoin persistently, consistently and ongongly at least for a whole cycle and perhaps even longer than a whole cycle depending on their financial situation and/or whether they are able to front load their BTC investment. Sometimes realization will always comes late since what usually happen for some investors is they entertain other means to possibly earn bitcoin that's why they explore on some things that they thing can passively generate them some good profits. But on process they would know that its hard to earn consistently by doing trades especially if the market is so volatile. Usually they discover later on that holding is more better investment option to do especially when they see the past historical movement of bitcoin and see that holders is always the winner towards this matter. But somehow its good experience to deal with other means of how they deal with their bitcoin since by picking up the best option like hodling for sure they would never messed around with their bitcoins since they know what is bad and more better investment for them.
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Akbarkoe
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November 03, 2024, 11:38:34 PM Merited by JayJuanGee (1) |
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Losses are inevitable but net loss is as a result of poor risk management, skill and knowledge. Investing in Bitcoin could cause losses The possibilities isn't neglected but it has never caused losses so far to holders. Personally I believe a dip doesn't necessarily mean loss It occurs when you sold Then one can say they made a loss since they sold lower than. Buying price. As long as am holding especially Bitcoin, I haven't lost yet. Personal mindset am building.
That's right, basically when we don't sell the bitcoin we have then the loss will not be realized, it's just an estimate of the loss when having a value reduction in the bitcoin we have bought, the loss will be realized if we sell it, in simple words the loss will not occur if we don't sell it. If you have that mindset then there must be the same comparison in view here, when you experience profit and the current price is higher than your purchase price then when you have not sold it the profit is not realized because you have not sold it, it is only an estimated profit that has not been taken by you, remember friends don't let the deer you catch be released again. 
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Glen Hoddle
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November 03, 2024, 11:56:02 PM |
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Losses are inevitable but net loss is as a result of poor risk management, skill and knowledge. Investing in Bitcoin could cause losses The possibilities isn't neglected but it has never caused losses so far to holders. Personally I believe a dip doesn't necessarily mean loss It occurs when you sold Then one can say they made a loss since they sold lower than. Buying price. As long as am holding especially Bitcoin, I haven't lost yet. Personal mindset am building.
To go now we have to focus on buying at the moment, but mostly risk taking on both. At present it is the buying season so we will focus more on buying, and later we have to be patient to sell it again at the highest price, it may be a long time but we should be patient. Holding is the most important thing to invest in, and now we have to be patient for the long haul as we have to cross this season's highest buy service so that we can sell at the highest price in the next bull market.
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JayJuanGee
Legendary
Online
Activity: 4326
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Self-Custody is a right. Say no to "non-custodial"
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November 04, 2024, 02:57:07 AM |
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I don't think this is correct, because you don't know about all the investors history. But while everyone can start out at a loss, many investors are new so it's normal to lose. But the probability of bitcoin investment loss is very low, if you observe you can definitely see many gamblers who have been holding for a long time are definitely successful. Investors who follow the advice in this thread will have very little chance of losing. Bitcoin is the only long-term investment that is key to its success.
Investors who have held Bitcoin for a long time and also still really like to increase their Bitcoin by buying are investors who really know about the history of Bitcoin itself so that they no longer hesitate to continue buying Bitcoin as their investment asset for a long period of time. Currently I still believe that every day there are always investors who exchange their money for Bitcoin with methods that they often use because they no longer think about the potential for losses while still holding Bitcoin. Meanwhile, new investors will usually be busier looking for references and knowledge for themselves so that their mentality can be better trained when holding Bitcoin or when they want to buy Bitcoin again at this time. Because those who have not been holding Bitcoin for long will usually ask more questions to people who have invested in Bitcoin for a long time so that they can get a little guidance from those who have had earlier experience in Bitcoin. You are correct. Many times bitcoin investors come to realize that it is better to just ongoingly, persistently and consistently buy bitcoin rather than screwing around trying to figure out whether there is a dip or might be a dip, and sure it might make some of the newbie investors feel better to be buying bitcoin on the dip, yet it is still likely going to end up paying off way more for the newbies to develop a personality and a habit to be buying bitcoin persistently, consistently and ongongly at least for a whole cycle and perhaps even longer than a whole cycle depending on their financial situation and/or whether they are able to front load their BTC investment. Sometimes realization will always comes late since what usually happen for some investors is they entertain other means to possibly earn bitcoin that's why they explore on some things that they thing can passively generate them some good profits. But on process they would know that its hard to earn consistently by doing trades especially if the market is so volatile. Usually they discover later on that holding is more better investment option to do especially when they see the past historical movement of bitcoin and see that holders is always the winner towards this matter. But somehow its good experience to deal with other means of how they deal with their bitcoin since by picking up the best option like hodling for sure they would never messed around with their bitcoins since they know what is bad and more better investment for them. Yep.. Historically, I have seen many times that folks are trying to be too smart for their own good, and trying to figure out ways that they can earn bitcoin or get bitcoin for free and other kinds of ways of accumulating bitcoin that may well would have ended up in the accumulation of way fewer bitcoin than if they were to figure out how to either make more money or to cut their expenses and to buy $100 worth of bitcoin every week, consistently, persistently and ongoingly. So then a lot of those guys end up with bitcoin that hardly cost them anything, yet at the same time, they could have accumulated many times more bitcoin if they had just focused more on just buying it on a regular, persistent and consistent basis.
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1) Self-Custody is a right. Resist being labelled as: "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Pi-network314159
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November 04, 2024, 03:25:48 AM Merited by JayJuanGee (1) |
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I don't think this is correct, because you don't know about all the investors history. But while everyone can start out at a loss, many investors are new so it's normal to lose. But the probability of bitcoin investment loss is very low, if you observe you can definitely see many gamblers who have been holding for a long time are definitely successful. Investors who follow the advice in this thread will have very little chance of losing. Bitcoin is the only long-term investment that is key to its success.
Investors who have held Bitcoin for a long time and also still really like to increase their Bitcoin by buying are investors who really know about the history of Bitcoin itself so that they no longer hesitate to continue buying Bitcoin as their investment asset for a long period of time. Currently I still believe that every day there are always investors who exchange their money for Bitcoin with methods that they often use because they no longer think about the potential for losses while still holding Bitcoin. Meanwhile, new investors will usually be busier looking for references and knowledge for themselves so that their mentality can be better trained when holding Bitcoin or when they want to buy Bitcoin again at this time. Because those who have not been holding Bitcoin for long will usually ask more questions to people who have invested in Bitcoin for a long time so that they can get a little guidance from those who have had earlier experience in Bitcoin. You are correct. Many times bitcoin investors come to realize that it is better to just ongoingly, persistently and consistently buy bitcoin rather than screwing around trying to figure out whether there is a dip or might be a dip, and sure it might make some of the newbie investors feel better to be buying bitcoin on the dip, yet it is still likely going to end up paying off way more for the newbies to develop a personality and a habit to be buying bitcoin persistently, consistently and ongongly at least for a whole cycle and perhaps even longer than a whole cycle depending on their financial situation and/or whether they are able to front load their BTC investment. Sometimes realization will always comes late since what usually happen for some investors is they entertain other means to possibly earn bitcoin that's why they explore on some things that they thing can passively generate them some good profits. But on process they would know that its hard to earn consistently by doing trades especially if the market is so volatile. Usually they discover later on that holding is more better investment option to do especially when they see the past historical movement of bitcoin and see that holders is always the winner towards this matter. But somehow its good experience to deal with other means of how they deal with their bitcoin since by picking up the best option like hodling for sure they would never messed around with their bitcoins since they know what is bad and more better investment for them. Yep.. Historically, I have seen many times that folks are trying to be too smart for their own good, and trying to figure out ways that they can earn bitcoin or get bitcoin for free and other kinds of ways of accumulating bitcoin that may well would have ended up in the accumulation of way fewer bitcoin than if they were to figure out how to either make more money or to cut their expenses and to buy $100 worth of bitcoin every week, consistently, persistently and ongoingly. So then a lot of those guys end up with bitcoin that hardly cost them anything, yet at the same time, they could have accumulated many times more bitcoin if they had just focused more on just buying it on a regular, persistent and consistent basis. Actually yes at Jay. We can see how many people are trying to be smart in their investment for their own Good and sometimes they overamart themselves by looking for a place to earn free bitcoin. But I can tell you that there is no place to earn free bitcoin apart from this forum. Except they work and get paid in bitcoin or the do something and get reword in bitcoin. And secondly investing in bitcoin with $100 requires a good discretion to be able to withstand regularly meeting up such a standerd. If such person is not financial stable may not be able to meet up demand no matter how smart they are. That why it is important to figure out ways to increase one discretion. But not free bitcoin, even if free bitcoin was to be earn in one way or the other it should be invested through lump sum but not DCA because it can be common regularly like the DCA amount.
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