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Just Say
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January 19, 2025, 12:42:33 AM Last edit: January 19, 2025, 01:07:58 AM by Just Say |
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I have known about Bitcoin for a long time, I did not want to give importance to it. I thought that maybe the price of Bitcoin would go down further and I would be able to buy from the dip. But after waiting, now in 2025, I understand that maybe if I could have bought Bitcoin at that time in 2024, I would have been able to buy it for 70 thousand per Bitcoin. But as time goes by, the price of Bitcoin is increasing. Moreover, the money that I had put aside has decreased slightly due to inflation. That is why I have now been able to realize that if I buy Bitcoin and hold it, then even if the price of Bitcoin decreases, I am safe because I want to accumulate Bitcoin there for a long time. If I make a bank or any other investment, my chances of loss may increase rather than profit. But Bitcoin is now becoming more attractive than other valuable assets. If i want to keep myself in this competition, I think it is better to accumulate it without waiting any longer.
First of all you acted like a fool because dips in bitcoin market are unpredictable, many people miss their investment by waiting for the dip time. Second, you made the wrong decision because you didn't buy Bitcoin even though you had the opportunity to buy Bitcoin. A person who has money should always think that the price of Bitcoin is low in the market right now so that he is interested in buying Bitcoin immediately, this means he should never wait for a specific dip time. Waiting for the dip period means later regret for not being able to invest, as per your mentioned statement you regret now because you missed the opportunity to buy bitcoins and miss the opportunity to invest. So maybe you still have enough time, i.e. still enough opportunity to invest in Bitcoin. Of course anyone who has a disposable income can invest into bitcoin, and if he was not able to buy yesterday, then he would need to buy today, since we cannot go back to yesterday. There is an overwhelming quantity of the world's population that does not have any bitcoin or ONLY has small amounts of bitcoin, so surely a guy who had not invested yesterday would still be advantaged by investing into bitcoin today rather than waiting further. By telling the part of my post that you bolded, I tried to convince him that you still have an opportunity to invest in Bitcoin ie you can start investing today, there is still an opportunity to buy and invest in Bitcoin immediately. In fact there is no need to wait to invest in Bitcoin or buy Bitcoin if the person has the income. The longer one waits for the dip period to invest in Bitcoin, he will fall further more behind. It is completely unpredictable when the market dips, so buy bitcoin immediately if you have the money without wasting precious investment time. We have seen in the last few days that Bitcoin price was low in the market but now it is back above $100k dollar, So those will delay buying Bitcoin, meaning they will definitely regret it later if they miss any opportunity to buy Bitcoin.
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Barikui1
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January 19, 2025, 06:37:51 AM Merited by JayJuanGee (1) |
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I have known about Bitcoin for a long time, I did not want to give importance to it. I thought that maybe the price of Bitcoin would go down further and I would be able to buy from the dip. But after waiting, now in 2025, I understand that maybe if I could have bought Bitcoin at that time in 2024, I would have been able to buy it for 70 thousand per Bitcoin. But as time goes by, the price of Bitcoin is increasing. Moreover, the money that I had put aside has decreased slightly due to inflation. That is why I have now been able to realize that if I buy Bitcoin and hold it, then even if the price of Bitcoin decreases, I am safe because I want to accumulate Bitcoin there for a long time. If I make a bank or any other investment, my chances of loss may increase rather than profit. But Bitcoin is now becoming more attractive than other valuable assets. If i want to keep myself in this competition, I think it is better to accumulate it without waiting any longer.
First of all you acted like a fool because dips in bitcoin market are unpredictable, many people miss their investment by waiting for the dip time. Second, you made the wrong decision because you didn't buy Bitcoin even though you had the opportunity to buy Bitcoin. A person who has money should always think that the price of Bitcoin is low in the market right now so that he is interested in buying Bitcoin immediately, this means he should never wait for a specific dip time. Waiting for the dip period means later regret for not being able to invest, as per your mentioned statement you regret now because you missed the opportunity to buy bitcoins and miss the opportunity to invest. So maybe you still have enough time, i.e. still enough opportunity to invest in Bitcoin. Of course anyone who has a disposable income can invest into bitcoin, and if he was not able to buy yesterday, then he would need to buy today, since we cannot go back to yesterday. There is an overwhelming quantity of the world's population that does not have any bitcoin or ONLY has small amounts of bitcoin, so surely a guy who had not invested yesterday would still be advantaged by investing into bitcoin today rather than waiting further. By telling the part of my post that you bolded, I tried to convince him that you still have an opportunity to invest in Bitcoin ie you can start investing today, there is still an opportunity to buy and invest in Bitcoin immediately. In fact there is no need to wait to invest in Bitcoin or buy Bitcoin if the person has the income. The longer one waits for the dip period to invest in Bitcoin, he will fall further more behind. It is completely unpredictable when the market dips, so buy bitcoin immediately if you have the money without wasting precious investment time. We have seen in the last few days that Bitcoin price was low in the market but now it is back above $100k dollar, So those will delay buying Bitcoin, meaning they will definitely regret it later if they miss any opportunity to buy Bitcoin. This is just one of the mistake most Bitcoin investors usually do because they feels like the value of Bitcoin has gone too up and they feel cheated if they buy now, not knowing that we are still in the early days of Bitcoin, so as such, it's still very cheap comparing to how much it might get up to in the future, and just as you rightfully said, the more they wait for it to dip so that they can buy, the more the value goes up and they missed out on that buying opportunity, so it's very important that as a Bitcoin investor that has the intention of holding Bitcoin for a very long period of time, he has to buy Bitcoin continuously regardless of it current price and accumulate a very good stash of it, so that it can change his or her financial status forever when Bitcoin has gone above a million dollar in the future, not by waiting for a dip that may never come again an, which might make them miss a whole lot of buying opportunities that they would been very much beneficial if it was taken, so buying Bitcoin regardless of it current price is very much important if you really want to have a very good stash of Bitcoin in your possession.
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Gooner0
Member

Offline
Activity: 169
Merit: 14
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January 19, 2025, 06:45:05 AM |
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I have known about Bitcoin for a long time, I did not want to give importance to it. I thought that maybe the price of Bitcoin would go down further and I would be able to buy from the dip. But after waiting, now in 2025, I understand that maybe if I could have bought Bitcoin at that time in 2024, I would have been able to buy it for 70 thousand per Bitcoin. But as time goes by, the price of Bitcoin is increasing. Moreover, the money that I had put aside has decreased slightly due to inflation. That is why I have now been able to realize that if I buy Bitcoin and hold it, then even if the price of Bitcoin decreases, I am safe because I want to accumulate Bitcoin there for a long time. If I make a bank or any other investment, my chances of loss may increase rather than profit. But Bitcoin is now becoming more attractive than other valuable assets. If i want to keep myself in this competition, I think it is better to accumulate it without waiting any longer.
First of all you acted like a fool because dips in bitcoin market are unpredictable, many people miss their investment by waiting for the dip time. Second, you made the wrong decision because you didn't buy Bitcoin even though you had the opportunity to buy Bitcoin. A person who has money should always think that the price of Bitcoin is low in the market right now so that he is interested in buying Bitcoin immediately, this means he should never wait for a specific dip time. Waiting for the dip period means later regret for not being able to invest, as per your mentioned statement you regret now because you missed the opportunity to buy bitcoins and miss the opportunity to invest. So maybe you still have enough time, i.e. still enough opportunity to invest in Bitcoin. Of course anyone who has a disposable income can invest into bitcoin, and if he was not able to buy yesterday, then he would need to buy today, since we cannot go back to yesterday. There is an overwhelming quantity of the world's population that does not have any bitcoin or ONLY has small amounts of bitcoin, so surely a guy who had not invested yesterday would still be advantaged by investing into bitcoin today rather than waiting further. By telling the part of my post that you bolded, I tried to convince him that you still have an opportunity to invest in Bitcoin ie you can start investing today, there is still an opportunity to buy and invest in Bitcoin immediately. In fact there is no need to wait to invest in Bitcoin or buy Bitcoin if the person has the income. The longer one waits for the dip period to invest in Bitcoin, he will fall further more behind. It is completely unpredictable when the market dips, so buy bitcoin immediately if you have the money without wasting precious investment time. We have seen in the last few days that Bitcoin price was low in the market but now it is back above $100k dollar, So those will delay buying Bitcoin, meaning they will definitely regret it later if they miss any opportunity to buy Bitcoin. This is just one of the mistake most Bitcoin investors usually do because they feels like the value of Bitcoin has gone too up and they feel cheated if they buy now, not knowing that we are still in the early days of Bitcoin, so as such, it's still very cheap comparing to how much it might get up to in the future, and just as you rightfully said, the more they wait for it to dip so that they can buy, the more the value goes up and they missed out on that buying opportunity, so it's very important that as a Bitcoin investor that has the intention of holding Bitcoin for a very long period of time, he has to buy Bitcoin continuously regardless of it current price and accumulate a very good stash of it, so that it can change his or her financial status forever when Bitcoin has gone above a million dollar in the future, not by waiting for a dip that may never come again an, which might make them miss a whole lot of buying opportunities that they would been very much beneficial if it was taken, so buying Bitcoin regardless of it current price is very much important if you really want to have a very good stash of Bitcoin in your possession. very true, when Bitcoin was still at it's lowest. So many people refused to buy because the lacked the trust and also the habited doubts about Bitcoin, saying it doesn't look trustworthy and all that. Then when Bitcoin began to Appreciate or increase to a point they could no longer easily afford one BTC, they excuse was that either the where now late or maybe, they should wait a little longer for it drop to a level that they could cope with. Bitcoin hasn't started yet, to me this is just a tip of the iceberg, Bitcoin still has a long way to go. Buying BTC now is still the smartest move you'll appreciate yourself for latter.
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JayJuanGee
Legendary
Offline
Activity: 4326
Merit: 13865
Self-Custody is a right. Say no to "non-custodial"
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January 19, 2025, 06:57:34 AM |
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I have known about Bitcoin for a long time, I did not want to give importance to it. I thought that maybe the price of Bitcoin would go down further and I would be able to buy from the dip. But after waiting, now in 2025, I understand that maybe if I could have bought Bitcoin at that time in 2024, I would have been able to buy it for 70 thousand per Bitcoin. But as time goes by, the price of Bitcoin is increasing. Moreover, the money that I had put aside has decreased slightly due to inflation. That is why I have now been able to realize that if I buy Bitcoin and hold it, then even if the price of Bitcoin decreases, I am safe because I want to accumulate Bitcoin there for a long time. If I make a bank or any other investment, my chances of loss may increase rather than profit. But Bitcoin is now becoming more attractive than other valuable assets. If i want to keep myself in this competition, I think it is better to accumulate it without waiting any longer.
First of all you acted like a fool because dips in bitcoin market are unpredictable, many people miss their investment by waiting for the dip time. Second, you made the wrong decision because you didn't buy Bitcoin even though you had the opportunity to buy Bitcoin. A person who has money should always think that the price of Bitcoin is low in the market right now so that he is interested in buying Bitcoin immediately, this means he should never wait for a specific dip time. Waiting for the dip period means later regret for not being able to invest, as per your mentioned statement you regret now because you missed the opportunity to buy bitcoins and miss the opportunity to invest. So maybe you still have enough time, i.e. still enough opportunity to invest in Bitcoin. Of course anyone who has a disposable income can invest into bitcoin, and if he was not able to buy yesterday, then he would need to buy today, since we cannot go back to yesterday. There is an overwhelming quantity of the world's population that does not have any bitcoin or ONLY has small amounts of bitcoin, so surely a guy who had not invested yesterday would still be advantaged by investing into bitcoin today rather than waiting further. By telling the part of my post that you bolded, I tried to convince him that you still have an opportunity to invest in Bitcoin ie you can start investing today, there is still an opportunity to buy and invest in Bitcoin immediately. In fact there is no need to wait to invest in Bitcoin or buy Bitcoin if the person has the income. The longer one waits for the dip period to invest in Bitcoin, he will fall further more behind. It is completely unpredictable when the market dips, so buy bitcoin immediately if you have the money without wasting precious investment time. We have seen in the last few days that Bitcoin price was low in the market but now it is back above $100k dollar, So those will delay buying Bitcoin, meaning they will definitely regret it later if they miss any opportunity to buy Bitcoin. This is just one of the mistake most Bitcoin investors usually do because they feels like the value of Bitcoin has gone too up and they feel cheated if they buy now, not knowing that we are still in the early days of Bitcoin, so as such, it's still very cheap comparing to how much it might get up to in the future, and just as you rightfully said, the more they wait for it to dip so that they can buy, the more the value goes up and they missed out on that buying opportunity, so it's very important that as a Bitcoin investor that has the intention of holding Bitcoin for a very long period of time, he has to buy Bitcoin continuously regardless of it current price and accumulate a very good stash of it, so that it can change his or her financial status forever when Bitcoin has gone above a million dollar in the future, not by waiting for a dip that may never come again an, which might make them miss a whole lot of buying opportunities that they would been very much beneficial if it was taken, so buying Bitcoin regardless of it current price is very much important if you really want to have a very good stash of Bitcoin in your possession. It might not hurt for beginners to hold a little bit of cash in reserves in case the BTC price dips, yet I really mean a little bit...and the fact of the matter is that if the beginner is buying every week, then they will catch any dip, and the main focus is to establish some kind of a stash and the price does not really matter that much because if bitcoin is being bought every week, then it is being bought at more or less the current BTC price whatever the current price might be.. and then surely after the beginner establishes a bit of a BTC stash, then maybe at that time he might start to feel a bit more luxury to hold more cash in reserves for buying on dips rather than just buying all of the time... I suppose an overwhelming majority of beginners just have trouble mustering up confidence to buy bitcoin all of the time and at any price until they get to a certain amount invested into bitcoin.. . and then even then, what are beginners able to invest? I know that there are some folks who struggle to get $10 to $50 per week to put into bitcoin and there will be others who are able to put in $100 to $200 or maybe even more, so there is a certain value of just staying focused and ongoingly buying bitcoin.. for 4-10 years or longer... .and that is if you are beginner investor. If you are a person who has already been investing in various other assets, then you likely have more luxuries to potentially front load your position into bitcoin, so then at that point you look at your other investments and you try to figure out what percentage you want in each and what is your target percentage that you want to get into bitcoin, and perhaps you figure out that the amount should be somewhere between 5% and 25%, and sure if you are really bullish about bitcoin, then you would aim for 25%, and if you are really whimpy about it, then you would aim for 5% or perhaps you figure out an amount that is appropriate for you, and if you already have investments, then you figure out some strategy to get your allocation to your target and figure out if it might take you 3-6 months or maybe a year or some other timeline that you consider to be reasonable to get your allocation into bitcoin, which also can be somewhat individually tailored answers to those kinds of questions about how much is such a newbie investor ready, willing and able to put into bitcoin and how to get to that target.. and surely even a person who might figure 25% is his target, he still might continue to allocate after reaching his target, since at that point when new money comes in then a certain percent of the new money would be invested potentially into bitcoin and any other investment that the person might have. Disadvantaged person might be those who already have 401ks and other investments, and part of my luck in getting into bitcoin was that in late 2013 I was transitioning away from my 401k (sure I still had it), and I was looking for a supplemental thing to invest into, which ended up being bitcoin.. and I am not really sure if I would have noticed bitcoin while I was still in that job that had a pretty decent and generous 401k.
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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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Tonimez
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January 19, 2025, 07:46:59 AM |
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I have known about Bitcoin for a long time, I did not want to give importance to it. I thought that maybe the price of Bitcoin would go down further and I would be able to buy from the dip. But after waiting, now in 2025, I understand that maybe if I could have bought Bitcoin at that time in 2024, I would have been able to buy it for 70 thousand per Bitcoin. But as time goes by, the price of Bitcoin is increasing. Moreover, the money that I had put aside has decreased slightly due to inflation. That is why I have now been able to realize that if I buy Bitcoin and hold it, then even if the price of Bitcoin decreases, I am safe because I want to accumulate Bitcoin there for a long time. If I make a bank or any other investment, my chances of loss may increase rather than profit. But Bitcoin is now becoming more attractive than other valuable assets. If i want to keep myself in this competition, I think it is better to accumulate it without waiting any longer.
First of all you acted like a fool because dips in bitcoin market are unpredictable, many people miss their investment by waiting for the dip time. Second, you made the wrong decision because you didn't buy Bitcoin even though you had the opportunity to buy Bitcoin. A person who has money should always think that the price of Bitcoin is low in the market right now so that he is interested in buying Bitcoin immediately, this means he should never wait for a specific dip time. Waiting for the dip period means later regret for not being able to invest, as per your mentioned statement you regret now because you missed the opportunity to buy bitcoins and miss the opportunity to invest. So maybe you still have enough time, i.e. still enough opportunity to invest in Bitcoin. Of course anyone who has a disposable income can invest into bitcoin, and if he was not able to buy yesterday, then he would need to buy today, since we cannot go back to yesterday. There is an overwhelming quantity of the world's population that does not have any bitcoin or ONLY has small amounts of bitcoin, so surely a guy who had not invested yesterday would still be advantaged by investing into bitcoin today rather than waiting further. By telling the part of my post that you bolded, I tried to convince him that you still have an opportunity to invest in Bitcoin ie you can start investing today, there is still an opportunity to buy and invest in Bitcoin immediately. In fact there is no need to wait to invest in Bitcoin or buy Bitcoin if the person has the income. The longer one waits for the dip period to invest in Bitcoin, he will fall further more behind. It is completely unpredictable when the market dips, so buy bitcoin immediately if you have the money without wasting precious investment time. We have seen in the last few days that Bitcoin price was low in the market but now it is back above $100k dollar, So those will delay buying Bitcoin, meaning they will definitely regret it later if they miss any opportunity to buy Bitcoin. This is just one of the mistake most Bitcoin investors usually do because they feels like the value of Bitcoin has gone too up and they feel cheated if they buy now, not knowing that we are still in the early days of Bitcoin, so as such, it's still very cheap comparing to how much it might get up to in the future, and just as you rightfully said, the more they wait for it to dip so that they can buy, the more the value goes up and they missed out on that buying opportunity, so it's very important that as a Bitcoin investor that has the intention of holding Bitcoin for a very long period of time, he has to buy Bitcoin continuously regardless of it current price and accumulate a very good stash of it, so that it can change his or her financial status forever when Bitcoin has gone above a million dollar in the future, not by waiting for a dip that may never come again an, which might make them miss a whole lot of buying opportunities that they would been very much beneficial if it was taken, so buying Bitcoin regardless of it current price is very much important if you really want to have a very good stash of Bitcoin in your possession. It might not hurt for beginners to hold a little bit of cash in reserves in case the BTC price dips, yet I really mean a little bit...and the fact of the matter is that if the beginner is buying every week, then they will catch any dip, and the main focus is to establish some kind of a stash and the price does not really matter that much because if bitcoin is being bought every week, then it is being bought at more or less the current BTC price whatever the current price might be.. and then surely after the beginner establishes a bit of a BTC stash, then maybe at that time he might start to feel a bit more luxury to hold more cash in reserves for buying on dips rather than just buying all of the time... I suppose an overwhelming majority of beginners just have trouble mustering up confidence to buy bitcoin all of the time and at any price until they get to a certain amount invested into bitcoin.. . and then even then, what are beginners able to invest? I know that there are some folks who struggle to get $10 to $50 per week to put into bitcoin and there will be others who are able to put in $100 to $200 or maybe even more, so there is a certain value of just staying focused and ongoingly buying bitcoin.. for 4-10 years or longer... .and that is if you are beginner investor. If you are a person who has already been investing in various other assets, then you likely have more luxuries to potentially front load your position into bitcoin, so then at that point you look at your other investments and you try to figure out what percentage you want in each and what is your target percentage that you want to get into bitcoin, and perhaps you figure out that the amount should be somewhere between 5% and 25%, and sure if you are really bullish about bitcoin, then you would aim for 25%, and if you are really whimpy about it, then you would aim for 5% or perhaps you figure out an amount that is appropriate for you, and if you already have investments, then you figure out some strategy to get your allocation to your target and figure out if it might take you 3-6 months or maybe a year or some other timeline that you consider to be reasonable to get your allocation into bitcoin, which also can be somewhat individually tailored answers to those kinds of questions about how much is such a newbie investor ready, willing and able to put into bitcoin and how to get to that target.. and surely even a person who might figure 25% is his target, he still might continue to allocate after reaching his target, since at that point when new money comes in then a certain percent of the new money would be invested potentially into bitcoin and any other investment that the person might have. Disadvantaged person might be those who already have 401ks and other investments, and part of my luck in getting into bitcoin was that in late 2013 I was transitioning away from my 401k (sure I still had it), and I was looking for a supplemental thing to invest into, which ended up being bitcoin.. and I am not really sure if I would have noticed bitcoin while I was still in that job that had a pretty decent and generous 401k. Investing in bitcoin for the first time is a very big nut to crack. It is practically impossible to break into bitcoin investment except by courage. Sometimes one believes that it's only those who they feel can be able to withstand any loss that should invest in bitcoin. This is a near truth until you finally understand the concept of bitcoin investment and then you will understand that it's not just about the current profit but the stash. The joy of having a bitcoin alone when you finally beat that self-doubt sometimes is the reason for not selling immediately. Again it depends on your source of information about bitcoin investment. A person who learnt about bitcoin investment from a Trader will always have a trader's mindset and same with someone who learnt about bitcoin from a real bitcoin investor. A trader introduces newbies into bitcoin trading because he feels the only tool to bring him into the system is by showing him his immediate potential gain. This is why someone newbies cannot easily keep their wallets intact for long. Having an extra investment is a very important cushion to bitcoin investment. When someone has other investments, he is sure of a regular DCA and can have enough to invest weekly. Everyone's problem is according to his level. Whichever way, what really matters is attempting to invest regularly, buying and buying always. It must not also be limited to once a week or weekly, it can come several times a week or come beyond the one week interval or less. What really matters is that you are investing in bitcoin and that it doesn't hinder you from attending to your sundry responsibilities.
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JayJuanGee
Legendary
Offline
Activity: 4326
Merit: 13865
Self-Custody is a right. Say no to "non-custodial"
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January 19, 2025, 08:20:52 AM |
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[edited out]
Any one doing a 9-5 job with a good paycheck back in 2013 , would be a bit skeptical or less interested in Bitcoin. But lucky you , you invested in Bitcoin when you left your comfort zone. Some people back then went into real estate, the stock market, or Gold. Yep. For sure, frequently there can be a bit of luck for any of us to be in the right place at the same time, and also to be in a position to act upon the position that we were in. I ended up getting a bit obsessed about bitcoin, fitting bitcoin investing into my routine and also just learning more and more, and still I have some troubles in regards to some of the more technical angles of bitcoin, and surely my own area of interest and specialities had grown more in a kind of investing and cashflow management kind of direction. Newbies to bitcoin still have to figure out where they fit, even though surely I gave some background ideas about from where I started in order to give some ideas where I was at when I first started to learn about bitcoin. There are still a lot of folks who are still just hearing about bitcoin and even finding out that they did not really know bitcoin, so they are just coming into getting interested in bitcoin, so it is not like we are either too late to bitcoin and/or that people just learning about bitcoin and not having any bitcoin or ONLY having a few bitcoin, these newly arriving folks still also have to consider what they are going to do from right now, and not try to go back in time, since none of us can go back in time, except to maybe describe some historical aspects around bitcoin and perhaps in my own case I can also describe some of my mistakes and even various kinds of hesitancies that I have that are likely not a whole hell of a lot different than the hesitancies that newbies to bitcoin have right now. A decent number of newbies to bitcoin wrongly presume that they are too late to bitcoin, which surely is a bunch of bullshit that they likely need to get over if they are trying to figure out how they are going to create their own relationship with bitcoin which may well involve building their bitcoin stash and also making sure they strengthen their own personal finances and their cashflow management.
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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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Fara Chan
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January 19, 2025, 09:44:04 AM |
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Yes it is wrong to be waiting for bitcoin to dip before one start investing because the desire dip may not occur, with the dca strategy one can buy when it is high and also when it is low, an investor can combine both the dca stragey and buying the dip. So waiting for a desire dip is a very wrong approach since one can end up losing so many markets opportunities. The best is to be doing your dca and also you can buy the dip when it occurs, if you have additional disposable income while still doing your dca.
DCA method is a method that is generally always suitable in every condition because for Bitcoin buyers who do not have the intention to sell it in the near future, it is very suitable to use this one method because their main goal is to buy without having to complain about the condition of the Bitcoin price itself. So there is no problem with high or low prices as long as the plan itself is to buy with the amount of money we have in each period and now Bitcoin is being targeted by many investors and also by many developed countries as their asset reserves for the future so that its potential will improve in the future. Moreover, large and well-known companies have also seen Bitcoin as something serious enough for them to have so that they will also make plans to continue buying Bitcoin using the DCA method and other methods that can make them more comfortable. So there is no need to wait and waste time if our intention is to buy Bitcoin and store it for the long term.
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SuperBitMan
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January 19, 2025, 10:00:44 AM |
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[edited out]
Any one doing a 9-5 job with a good paycheck back in 2013 , would be a bit skeptical or less interested in Bitcoin. But lucky you , you invested in Bitcoin when you left your comfort zone. Some people back then went into real estate, the stock market, or Gold. Yep. For sure, frequently there can be a bit of luck for any of us to be in the right place at the same time, and also to be in a position to act upon the position that we were in. I ended up getting a bit obsessed about bitcoin, fitting bitcoin investing into my routine and also just learning more and more, and still I have some troubles in regards to some of the more technical angles of bitcoin, and surely my own area of interest and specialities had grown more in a kind of investing and cashflow management kind of direction. Newbies to bitcoin still have to figure out where they fit, even though surely I gave some background ideas about from where I started in order to give some ideas where I was at when I first started to learn about bitcoin. There are still a lot of folks who are still just hearing about bitcoin and even finding out that they did not really know bitcoin, so they are just coming into getting interested in bitcoin, so it is not like we are either too late to bitcoin and/or that people just learning about bitcoin and not having any bitcoin or ONLY having a few bitcoin, these newly arriving folks still also have to consider what they are going to do from right now, and not try to go back in time, since none of us can go back in time, except to maybe describe some historical aspects around bitcoin and perhaps in my own case I can also describe some of my mistakes and even various kinds of hesitancies that I have that are likely not a whole hell of a lot different than the hesitancies that newbies to bitcoin have right now. A decent number of newbies to bitcoin wrongly presume that they are too late to bitcoin, which surely is a bunch of bullshit that they likely need to get over if they are trying to figure out how they are going to create their own relationship with bitcoin which may well involve building their bitcoin stash and also making sure they strengthen their own personal finances and their cashflow management. Yeah, the only reason why I feel some newbies into Bitcoin investment see there self as being late in Bitcoin is because they really don't understand how Bitcoin investment works, because if someone knows that if he or she start accumulating Bitcoin now that Bitcoin is $100k plus when it will get to $500k or a million he or she will benefit massively from it he or she won't see himself as being late, so newbies who are feeling there are already late to start Bitcoin investment really don't believe Bitcoin has the potential of growing to $500k to a million. Not knowing the history of Bitcoin growth can really make you not to believe that surely Bitcoin can grow to $500k to a million dollar, if you know that when Bitcoin started it had no value and not even up to $5 in price, but as time goes on it started becoming more valuable both in price, and has grown from $1k to $10k to $50k to $80k now to $100k, knowing this will make you believe that truly Bitcoin has more potential and will continue growing. Another thing that I feel will help newbies believe that there are not too late to start Bitcoin investment and that Bitcoin will still grow more in price is when they read news about Bitcoin growth and movement, some countries have adopted Bitcoin reserve policy and others are thinking about it, if you read such news it will help you know that truly Bitcoin will grow more than it's current state and price.
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Tamaperdana
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January 19, 2025, 12:16:32 PM |
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Because lying will definitely make someone have no trust from other people or from themselves. However, I am sure that not many members of this forum have such habits.
Many of us are learning, so I am not going to presume guys are lying.. and surely part of the reason that we discuss some of these matters in terms of hypotheticals is so that we don't necessarily need to know actual details of other guys, so we might use examples of some kind of a guy that might be largely made up but trying to help us to sort through some dilemmas that real guys might have in terms of their accumulation questions or even if they might be considering whether they might want to graduate into more of a maintenance status rather than focusing so much on BTC accumulation. Snip You are right, sometimes to solve a problem or question about Bitcoin investment, sometimes making a hypothesis is the right solution. Because basically everyone has different experiences when investing in bitcoin. So we may not experience what others experience (problems when investing in Bitcoin), because we know how to avoid them. So when someone asks about this, even though we haven't experienced it, we can make a hypothesis and answer the question well. Apart from that, making a hypothesis is certainly not a lie, but rather a parable that describes the same situation, so I think this is really a very good thing to be able to solve or answer questions about bitcoin investment. Maybe, a lie that some people might do, maybe it's just a matter of confessing about the amount of Bitcoin. After thinking again, this also has a positive side, because it can motivate us to be more consistent in continuing to accumulate our cold money in Bitcoin. So after I read all your answers, I can conclude that point of view and how to respond is very important to convert other people's arguments or assumptions into something positive for us (especially regarding the realm of bitcoin investment).
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Rabata
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January 19, 2025, 12:58:09 PM |
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I have known about Bitcoin for a long time, I did not want to give importance to it. I thought that maybe the price of Bitcoin would go down further and I would be able to buy from the dip. But after waiting, now in 2025, I understand that maybe if I could have bought Bitcoin at that time in 2024, I would have been able to buy it for 70 thousand per Bitcoin. But as time goes by, the price of Bitcoin is increasing. Moreover, the money that I had put aside has decreased slightly due to inflation. That is why I have now been able to realize that if I buy Bitcoin and hold it, then even if the price of Bitcoin decreases, I am safe because I want to accumulate Bitcoin there for a long time. If I make a bank or any other investment, my chances of loss may increase rather than profit. But Bitcoin is now becoming more attractive than other valuable assets. If i want to keep myself in this competition, I think it is better to accumulate it without waiting any longer.
First of all you acted like a fool because dips in bitcoin market are unpredictable, many people miss their investment by waiting for the dip time. Second, you made the wrong decision because you didn't buy Bitcoin even though you had the opportunity to buy Bitcoin. A person who has money should always think that the price of Bitcoin is low in the market right now so that he is interested in buying Bitcoin immediately, this means he should never wait for a specific dip time. Waiting for the dip period means later regret for not being able to invest, as per your mentioned statement you regret now because you missed the opportunity to buy bitcoins and miss the opportunity to invest. So maybe you still have enough time, i.e. still enough opportunity to invest in Bitcoin. And anyone who doesn't invest today can still invest later and if they are serious with their investment they will still make it or build their portfolio, so is not just about investing early rather it is how well or far you can go in your investment some people who started earlier are still backward People who do not know about Bitcoin may not be aware of the benefits of investing in Bitcoin early. However, if someone knows about the benefits of investing early, then he will not be willing to waste a moment of time. If an investor can gain basic knowledge of holding Bitcoin, then I would say that he should hold Bitcoin as soon as possible. Maybe many people who started earlier could not hold Bitcoin for some reason or his financial condition is not like others. But if he holds Bitcoin and accumulates it regularly, then he will definitely be able to profit according to his investment. A person may be late in investing, but if he is able to gain three good insights about Bitcoin, he will certainly not want to shorten the time to accumulate Bitcoin regularly.
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sotelorene
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January 19, 2025, 03:33:09 PM |
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I have known about Bitcoin for a long time, I did not want to give importance to it. I thought that maybe the price of Bitcoin would go down further and I would be able to buy from the dip. But after waiting, now in 2025, I understand that maybe if I could have bought Bitcoin at that time in 2024, I would have been able to buy it for 70 thousand per Bitcoin. But as time goes by, the price of Bitcoin is increasing. Moreover, the money that I had put aside has decreased slightly due to inflation. That is why I have now been able to realize that if I buy Bitcoin and hold it, then even if the price of Bitcoin decreases, I am safe because I want to accumulate Bitcoin there for a long time. If I make a bank or any other investment, my chances of loss may increase rather than profit. But Bitcoin is now becoming more attractive than other valuable assets. If i want to keep myself in this competition, I think it is better to accumulate it without waiting any longer.
First of all you acted like a fool because dips in bitcoin market are unpredictable, many people miss their investment by waiting for the dip time. Second, you made the wrong decision because you didn't buy Bitcoin even though you had the opportunity to buy Bitcoin. A person who has money should always think that the price of Bitcoin is low in the market right now so that he is interested in buying Bitcoin immediately, this means he should never wait for a specific dip time. Waiting for the dip period means later regret for not being able to invest, as per your mentioned statement you regret now because you missed the opportunity to buy bitcoins and miss the opportunity to invest. So maybe you still have enough time, i.e. still enough opportunity to invest in Bitcoin. And anyone who doesn't invest today can still invest later and if they are serious with their investment they will still make it or build their portfolio, so is not just about investing early rather it is how well or far you can go in your investment some people who started earlier are still backward People who do not know about Bitcoin may not be aware of the benefits of investing in Bitcoin early. However, if someone knows about the benefits of investing early, then he will not be willing to waste a moment of time. If an investor can gain basic knowledge of holding Bitcoin, then I would say that he should hold Bitcoin as soon as possible. Maybe many people who started earlier could not hold Bitcoin for some reason or his financial condition is not like others. But if he holds Bitcoin and accumulates it regularly, then he will definitely be able to profit according to his investment. A person may be late in investing, but if he is able to gain three good insights about Bitcoin, he will certainly not want to shorten the time to accumulate Bitcoin regularly. I totally understand your point though sometimes it is not just about knowing something that will make one to be aware of the benefits of that particular thing because I have seen a lot of people who understands or let me use the word know, they know Bitcoin but they don't still understand the benefits of holding for long term because they are just in interested in short term profit. However, the time one start holding Bitcoin doesn't really matter what matter is, how consistent, discipline, patient etc they are with their holding and the ability to manage their investment.
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PremiumcryptoHub
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January 19, 2025, 05:31:34 PM |
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Maybe many people who started earlier could not hold Bitcoin for some reason or his financial condition is not like others. But if he holds Bitcoin and accumulates it regularly, then he will definitely be able to profit according to his investment.
Those who could not hold Bitcoins for some reason before should buy Bitcoins and hold them now, i.e. buy Bitcoins today because the time they spent may never come back. So going forward it would be wise to buy Bitcoin regularly. A new investor should have an attitude towards buying Bitcoin anytime. A person may be late in investing, but if he is able to gain three good insights about Bitcoin, he will certainly not want to shorten the time to accumulate Bitcoin regularly. If the person has a source of income and is ready to purchase bitcoins immediately then his investment may not be delayed. The part you mentioned is not clear Because what do you mean by being able to gain three good insights about Bitcoin? To start investing in Bitcoin, any beginning investor may not need to know much. If he has a little knowledge, have a disposable income and the ability to patiently invest for a long time, he will gradually become a successful investor, maybe there is no doubt about it.
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Muba20
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There are still a lot of folks who are still just hearing about bitcoin and even finding out that they did not really know bitcoin, so they are just coming into getting interested in bitcoin, so it is not like we are either too late to bitcoin and/or that people just learning about bitcoin and not having any bitcoin or ONLY having a few bitcoin, these newly arriving folks still also have to consider what they are going to do from right now, and not try to go back in time, since none of us can go back in time, except to maybe describe some historical aspects around bitcoin and perhaps in my own case I can also describe some of my mistakes and even various kinds of hesitancies that I have that are likely not a whole hell of a lot different than the hesitancies that newbies to bitcoin have right now.
I would like to add a few more things from my perspective to what you said. If a person surveys a group of people around him, there will be a low figure that they know about Bitcoin, but if they are asked if they have any Bitcoin, about 98% will say that they have heard about it but do not have any Bitcoin. The awareness rate may be higher or lower in some places, but the main theme will remain the same. Those who say that they have been late in investing in Bitcoin they need to give close attention to this issue. Keeping inability of holding Bitcoin in the mind for various reasons in the past will not change anything. The past can only be a place of emotion and regret. However, those who are interested in changing their position they are determined to implement their goals. A motivation for accepting Bitcoin may be that many people in my area know about Bitcoin but they have not collected Bitcoin. If I collect and hold Bitcoin before them, I will be ahead in the future. We have heard the words that I am late to Bitcoin, these words are constantly repeated in the future. But those who acquire the necessary knowledge and buy and hold Bitcoin will be the ones who will succeed.
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Btcdeybodi
Sr. Member
  
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Activity: 798
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In a loud world, we need privacy 🔏
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January 19, 2025, 07:00:02 PM |
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I have known about Bitcoin for a long time, I did not want to give importance to it. I thought that maybe the price of Bitcoin would go down further and I would be able to buy from the dip. But after waiting, now in 2025, I understand that maybe if I could have bought Bitcoin at that time in 2024, I would have been able to buy it for 70 thousand per Bitcoin. But as time goes by, the price of Bitcoin is increasing. Moreover, the money that I had put aside has decreased slightly due to inflation. That is why I have now been able to realize that if I buy Bitcoin and hold it, then even if the price of Bitcoin decreases, I am safe because I want to accumulate Bitcoin there for a long time. If I make a bank or any other investment, my chances of loss may increase rather than profit. But Bitcoin is now becoming more attractive than other valuable assets. If i want to keep myself in this competition, I think it is better to accumulate it without waiting any longer.
First of all you acted like a fool because dips in bitcoin market are unpredictable, many people miss their investment by waiting for the dip time. Second, you made the wrong decision because you didn't buy Bitcoin even though you had the opportunity to buy Bitcoin. A person who has money should always think that the price of Bitcoin is low in the market right now so that he is interested in buying Bitcoin immediately, this means he should never wait for a specific dip time. Waiting for the dip period means later regret for not being able to invest, as per your mentioned statement you regret now because you missed the opportunity to buy bitcoins and miss the opportunity to invest. So maybe you still have enough time, i.e. still enough opportunity to invest in Bitcoin. Dude your choice of word is so harsh and I think you should take it easy because investing in Bitcoin is not compulsory or mandatory and even though it is necessary it should not be impose to someone or make them look like a fool simply because they didn't invest when had a good opportunity. And anyone who doesn't invest today can still invest later and if they are serious with their investment they will still make it or build their portfolio, so is not just about investing early rather it is how well or far you can go in your investment some people who started earlier are still backward and some of them, their holdings can not be compared to some new folks because of how dedicated, discipline, serious etc they are. You are right about the words @Just Say used for @Muba20 being harsh words, don't know why some persons cannot pass information without having to demean others due to their naivity. He used harsh words actually but however, just like what you said about bitcoin investment not being mandatory, so it is. Anyone can choose either to invest in it or not but one thing that makes me get upset with people is that after they must have learnt their lessons when they didn't invest at a time when the price is low, what now stops them from starting when they discover that they have missed out opportunities to buy at DIP prices? instead what they will only do is talk about their regrets without still investing instead they will make same mistakes again of waiting for a DIP before they buy. From what Muba20 said, that the money he kept to buy why waiting for a DIP have been tampered with which means that he will literally lose interest to invest because he doesn't have enough money to invest with, which can make him not to buy again and considering the fact that he made mention of inflation which is to say that he does not have reserved funds to take care of his other needs which was the main reason why he tampered with the amount he has kept to buy bitcoin when the price DIPs.
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TEBTC
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January 19, 2025, 08:56:34 PM |
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I have known about Bitcoin for a long time, I did not want to give importance to it. I thought that maybe the price of Bitcoin would go down further and I would be able to buy from the dip. But after waiting, now in 2025, I understand that maybe if I could have bought Bitcoin at that time in 2024, I would have been able to buy it for 70 thousand per Bitcoin. But as time goes by, the price of Bitcoin is increasing. Moreover, the money that I had put aside has decreased slightly due to inflation. That is why I have now been able to realize that if I buy Bitcoin and hold it, then even if the price of Bitcoin decreases, I am safe because I want to accumulate Bitcoin there for a long time. If I make a bank or any other investment, my chances of loss may increase rather than profit. But Bitcoin is now becoming more attractive than other valuable assets. If i want to keep myself in this competition, I think it is better to accumulate it without waiting any longer.
First of all you acted like a fool because dips in bitcoin market are unpredictable, many people miss their investment by waiting for the dip time. Second, you made the wrong decision because you didn't buy Bitcoin even though you had the opportunity to buy Bitcoin. A person who has money should always think that the price of Bitcoin is low in the market right now so that he is interested in buying Bitcoin immediately, this means he should never wait for a specific dip time. Waiting for the dip period means later regret for not being able to invest, as per your mentioned statement you regret now because you missed the opportunity to buy bitcoins and miss the opportunity to invest. So maybe you still have enough time, i.e. still enough opportunity to invest in Bitcoin. Of course anyone who has a disposable income can invest into bitcoin, and if he was not able to buy yesterday, then he would need to buy today, since we cannot go back to yesterday. There is an overwhelming quantity of the world's population that does not have any bitcoin or ONLY has small amounts of bitcoin, so surely a guy who had not invested yesterday would still be advantaged by investing into bitcoin today rather than waiting further. I definitely agree with you because you don't need to wait for a dip period to invest into Bitcoin because deley could be dangerous the best time you need to invest in Bitcoin is now so when it gets to the dip period you can actually get your return on investment One thing we need to know that Bitcoin is that it grows in value over time so in terms of investing you don't need to wait till the price of Bitcoin gets to a million dollars before investing now is the best time to invest into Bitcoin
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JayJuanGee
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Self-Custody is a right. Say no to "non-custodial"
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January 19, 2025, 10:41:15 PM |
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Because lying will definitely make someone have no trust from other people or from themselves. However, I am sure that not many members of this forum have such habits.
Many of us are learning, so I am not going to presume guys are lying.. and surely part of the reason that we discuss some of these matters in terms of hypotheticals is so that we don't necessarily need to know actual details of other guys, so we might use examples of some kind of a guy that might be largely made up but trying to help us to sort through some dilemmas that real guys might have in terms of their accumulation questions or even if they might be considering whether they might want to graduate into more of a maintenance status rather than focusing so much on BTC accumulation. Snip You are right, sometimes to solve a problem or question about Bitcoin investment, sometimes making a hypothesis is the right solution. Because basically everyone has different experiences when investing in bitcoin. So we may not experience what others experience (problems when investing in Bitcoin), because we know how to avoid them. So when someone asks about this, even though we haven't experienced it, we can make a hypothesis and answer the question well. Apart from that, making a hypothesis is certainly not a lie, but rather a parable that describes the same situation, so I think this is really a very good thing to be able to solve or answer questions about bitcoin investment. Maybe, a lie that some people might do, maybe it's just a matter of confessing about the amount of Bitcoin. After thinking again, this also has a positive side, because it can motivate us to be more consistent in continuing to accumulate our cold money in Bitcoin. So after I read all your answers, I can conclude that point of view and how to respond is very important to convert other people's arguments or assumptions into something positive for us (especially regarding the realm of bitcoin investment). There likely is a balance in terms of attempting to be genuine with other people, whether we are talking in person or talking on the internet, and also preserving some privacy, yet sometimes in order to understand a person and to attempt to relate to a question that they have we might need to find out some details about them (or their situation), and we also might need to share some details about ourselves, and so there can be ways to reveal some details without necessarily divulging too much private information. It is not necessarily easy to balance, and sometimes people will even ask more than they should want to know and perhaps for bad reasons, yet sometimes people might have difficulties relating without some specifics... so you might not even consider me to be a very good source for information if I don't give you some kind of an idea when I got into bitcoin, and maybe I could just say that I have been into bitcoin for several years, and that might be enough in order for you to be satisfied that I have some experience that you do not have, and so then you might be more willing to ask me some questions that you would not have asked or even to share some of your own details, so on the forum, many times we will use forum registration date as a kind of proxy to figure out when a person might have first started to get interested in bitcoin, and sometimes some other date might be more relevant and perhaps it depends upon the topic when we start to talk about how long a person might have had been in bitcoin, since some members come to the forum and they spend several years shitcoining before they start to refocus their energies on bitcoin... so surely sometimes the journey can help to better understand another forum member's perspective or perhaps some of the questions that he might have in the event that he might have been trying to trade, but then he is wanting to become more of an investor rather than a trader, so sometimes it can take time for forum members to rethink and reconsider some of their earlier frameworks that they might even realize to have been counter productive kinds of frameworks in terms of their own desires to build their own longer term investment portfolio, to include bitcoin in that, and also to hopefully increase their future options through their fixing their ways of thinking about bitcoin and putting some kind of an investment (BTC accumulation) plan into regular practice. We might not even be able to figure out what some forum members are trying to achieve, yet the forum does provide an avenue for many of us to bat around ideas, and most likely when push comes to shove, each of us has to figure out the extent that we may well be trying to put some of the ideas into practice, and my own personal view is that learning tends to sink in way better when we are striving towards practicing on something like a weekly basis.. and so some of the guys here might have a lot of other things going on in their lives, yet they also may figure out ways to start to employ some kinds of bitcoin-related practices on at least a weekly basis, and then the forum can provide some helpful ways for them to verify what they are doing (or what they are learning) with other forum members who might be at differing stages of a similar journey. I have known about Bitcoin for a long time, I did not want to give importance to it. I thought that maybe the price of Bitcoin would go down further and I would be able to buy from the dip. But after waiting, now in 2025, I understand that maybe if I could have bought Bitcoin at that time in 2024, I would have been able to buy it for 70 thousand per Bitcoin. But as time goes by, the price of Bitcoin is increasing. Moreover, the money that I had put aside has decreased slightly due to inflation. That is why I have now been able to realize that if I buy Bitcoin and hold it, then even if the price of Bitcoin decreases, I am safe because I want to accumulate Bitcoin there for a long time. If I make a bank or any other investment, my chances of loss may increase rather than profit. But Bitcoin is now becoming more attractive than other valuable assets. If i want to keep myself in this competition, I think it is better to accumulate it without waiting any longer.
First of all you acted like a fool because dips in bitcoin market are unpredictable, many people miss their investment by waiting for the dip time. Second, you made the wrong decision because you didn't buy Bitcoin even though you had the opportunity to buy Bitcoin. A person who has money should always think that the price of Bitcoin is low in the market right now so that he is interested in buying Bitcoin immediately, this means he should never wait for a specific dip time. Waiting for the dip period means later regret for not being able to invest, as per your mentioned statement you regret now because you missed the opportunity to buy bitcoins and miss the opportunity to invest. So maybe you still have enough time, i.e. still enough opportunity to invest in Bitcoin. And anyone who doesn't invest today can still invest later and if they are serious with their investment they will still make it or build their portfolio, so is not just about investing early rather it is how well or far you can go in your investment some people who started earlier are still backward People who do not know about Bitcoin may not be aware of the benefits of investing in Bitcoin early. However, if someone knows about the benefits of investing early, then he will not be willing to waste a moment of time. If an investor can gain basic knowledge of holding Bitcoin, then I would say that he should hold Bitcoin as soon as possible. Maybe many people who started earlier could not hold Bitcoin for some reason or his financial condition is not like others. But if he holds Bitcoin and accumulates it regularly, then he will definitely be able to profit according to his investment. A person may be late in investing, but if he is able to gain three good insights about Bitcoin, he will certainly not want to shorten the time to accumulate Bitcoin regularly. I totally understand your point though sometimes it is not just about knowing something that will make one to be aware of the benefits of that particular thing because I have seen a lot of people who understands or let me use the word know, they know Bitcoin but they don't still understand the benefits of holding for long term because they are just in interested in short term profit. However, the time one start holding Bitcoin doesn't really matter what matter is, how consistent, discipline, patient etc they are with their holding and the ability to manage their investment. Sometimes newbies have to reinforce their knowledge and their commitment to bitcoin (and to bitcoin learning) by buying bitcoin every single week, and sometimes there can be options to automate the weekly buys, yet it seems to me that ongoing buying (even with relatively small amounts) will help newbies to make adjustments in their life and also to just keep biting off little chunks of knowledge that continues to build and build and build.. so that even if they might not have had spent a lot of time or money investing into bitcoin, they might become motivated to learn more and to invest more based on their ongoing chipping away at bitcoin and finding more and more angles to learn and to put into practice, and perhaps a lot of the building up started out with merely making sure that they were doing at least a little bit of bitcoin each week, whether buying a little and/or reading some article or involving themself in a thread like this or some other forum thread.
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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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laijsica
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January 20, 2025, 04:25:56 AM |
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I have known about Bitcoin for a long time, I did not want to give importance to it. I thought that maybe the price of Bitcoin would go down further and I would be able to buy from the dip. But after waiting, now in 2025, I understand that maybe if I could have bought Bitcoin at that time in 2024, I would have been able to buy it for 70 thousand per Bitcoin. But as time goes by, the price of Bitcoin is increasing. Moreover, the money that I had put aside has decreased slightly due to inflation. That is why I have now been able to realize that if I buy Bitcoin and hold it, then even if the price of Bitcoin decreases, I am safe because I want to accumulate Bitcoin there for a long time. If I make a bank or any other investment, my chances of loss may increase rather than profit. But Bitcoin is now becoming more attractive than other valuable assets. If i want to keep myself in this competition, I think it is better to accumulate it without waiting any longer.
First of all you acted like a fool because dips in bitcoin market are unpredictable, many people miss their investment by waiting for the dip time. Second, you made the wrong decision because you didn't buy Bitcoin even though you had the opportunity to buy Bitcoin. A person who has money should always think that the price of Bitcoin is low in the market right now so that he is interested in buying Bitcoin immediately, this means he should never wait for a specific dip time. Waiting for the dip period means later regret for not being able to invest, as per your mentioned statement you regret now because you missed the opportunity to buy bitcoins and miss the opportunity to invest. So maybe you still have enough time, i.e. still enough opportunity to invest in Bitcoin. Of course anyone who has a disposable income can invest into bitcoin, and if he was not able to buy yesterday, then he would need to buy today, since we cannot go back to yesterday. There is an overwhelming quantity of the world's population that does not have any bitcoin or ONLY has small amounts of bitcoin, so surely a guy who had not invested yesterday would still be advantaged by investing into bitcoin today rather than waiting further. I definitely agree with you because you don't need to wait for a dip period to invest into Bitcoin because deley could be dangerous the best time you need to invest in Bitcoin is now so when it gets to the dip period you can actually get your return on investment One thing we need to know that Bitcoin is that it grows in value over time so in terms of investing you don't need to wait till the price of Bitcoin gets to a million dollars before investing now is the best time to invest into Bitcoin You need to be careful to deposit Bitcoin. Here you can expect a return of at least 4-10 years to stash and delay is never dangerous. You can deposit Bitcoin at any time through discretionary income according to your convenience and it will be your holding regardless of the price. What you need to pay more attention to here is that waiting to invest reduces the tendency to get another day behind to get profit for yourself. Over time the value of Bitcoin will increase and you will have to stick to your goal with the timeline and continue to deposit continuously. If you are a novice investor you can start Bitcoin from today and pay more attention to carefully increasing your holdings every cycle to get a decent portfolio and make bold decisions.
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Mayor of ogba
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January 20, 2025, 08:01:18 AM |
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I have known about Bitcoin for a long time, I did not want to give importance to it. I thought that maybe the price of Bitcoin would go down further and I would be able to buy from the dip. But after waiting, now in 2025, I understand that maybe if I could have bought Bitcoin at that time in 2024, I would have been able to buy it for 70 thousand per Bitcoin. But as time goes by, the price of Bitcoin is increasing. Moreover, the money that I had put aside has decreased slightly due to inflation. That is why I have now been able to realize that if I buy Bitcoin and hold it, then even if the price of Bitcoin decreases, I am safe because I want to accumulate Bitcoin there for a long time. If I make a bank or any other investment, my chances of loss may increase rather than profit. But Bitcoin is now becoming more attractive than other valuable assets. If i want to keep myself in this competition, I think it is better to accumulate it without waiting any longer.
First of all you acted like a fool because dips in bitcoin market are unpredictable, many people miss their investment by waiting for the dip time. Second, you made the wrong decision because you didn't buy Bitcoin even though you had the opportunity to buy Bitcoin. A person who has money should always think that the price of Bitcoin is low in the market right now so that he is interested in buying Bitcoin immediately, this means he should never wait for a specific dip time. Waiting for the dip period means later regret for not being able to invest, as per your mentioned statement you regret now because you missed the opportunity to buy bitcoins and miss the opportunity to invest. So maybe you still have enough time, i.e. still enough opportunity to invest in Bitcoin. Even though Just Say failed to start his bitcoin investment back in 2024, it doesn't mean he has missed the opportunity to start investing in bitcoin this year because bitcoin is still in the stage where anyone who is interested in it can start up his or her bitcoin investment. If Just Say is certain he will have discretionary income, he can start accumulating bitcoin for the long term with the DCA strategy, and he will still be able to accumulate enough bitcoin if he is consistent in accumulating bitcoin and stops discouraging Just Say with your words from not starting his bitcoin investment because he has not yet missed bitcoin.
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betswift
Copper Member
Member

Offline
Activity: 672
Merit: 11
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January 20, 2025, 08:03:31 AM |
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I definitely agree with you because you don't need to wait for a dip period to invest into Bitcoin because deley could be dangerous the best time you need to invest in Bitcoin is now so when it gets to the dip period you can actually get your return on investment
One thing we need to know that Bitcoin is that it grows in value over time so in terms of investing you don't need to wait till the price of Bitcoin gets to a million dollars before investing now is the best time to invest into Bitcoin
Delays are not dangerous, it's the ignorance and greed that are, in my opinion. Nothing wrong with buying Bitcoin later - even if the price would differ, if you would apply hodling it appropriately, everything would still be fine.
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Futurexxx
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January 20, 2025, 09:13:57 AM Merited by JayJuanGee (1) |
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I definitely agree with you because you don't need to wait for a dip period to invest into Bitcoin because deley could be dangerous the best time you need to invest in Bitcoin is now so when it gets to the dip period you can actually get your return on investment
One thing we need to know that Bitcoin is that it grows in value over time so in terms of investing you don't need to wait till the price of Bitcoin gets to a million dollars before investing now is the best time to invest into Bitcoin
Delays are not dangerous, it's the ignorance and greed that are, in my opinion. Nothing wrong with buying Bitcoin later - even if the price would differ, if you would apply hodling it appropriately, everything would still be fine. [This your statement here sounds laughable, because that's a traits of a procrastinator, and with such habit of procrastinating things, you might find it difficult to accumulate a very good stash for Bitcoin, which will eventually determine how successful and how profitable you might be in the future, so my guy it's better you delete that procrastinating behavior from you mindset for your own good.
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