Joy- maker
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Life is a short trip, the music's for the sad man.
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February 19, 2025, 10:41:35 PM Last edit: February 20, 2025, 09:31:43 AM by Joy- maker |
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In my opinion, bitcoin investment has reached a point where it should be considered separately from trading. If you wish to invest, then focus on being an investor; if you prefer to trade, then commit to being a trader. Combining both investing and trading seems illogical to me. Engaging in both can jeopardize your investments, as the distractions from trading can affect your overall performance.
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Taskford
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Top-tier crypto casino and sportsbook
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February 19, 2025, 10:51:20 PM |
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I don't have any problem with guys choosing to trade, yet I do have problems with any suggestion that any normal person would be able to be consistently successful in trading without a lot of practice and perhaps even building up some very good cash management systems...and sure anyone can try trading, and likely they are going to be best off to limit their trading budget (perhaps less than 10% the size or their bitcoin investment) while they are getting used to trading an practicing it.
Oh and by the way, a decent number of traders might not know diddly squat about bitcoin besides superficial aspects of it otherwise they would not be so retarded as to try to trade it. So I would not presume that traders of bitcoin know bitcoin merely because they know things about it and they may know a lot of things, and they might even be some of the smartest people that we know, yet at the same time, they are likely missing some kind of appreciation about bitcoin if they are trying to trade it.
There is absolutely no way someone will be able to actually get successful with trading without seeking knowledge and most importantly practicing. Before engaging into trading people need to understand the risk attached to losing in it and as such it is best to only use money you don’t need or can afford to lose in trading, No matter how knowledgeable or successful in trading you think you’r, one should never take loan or borrow money for trading because it will definitely affect your psychology. Also no amount of trading experience actually makes you immune to losing, even if you have some consecutive wins the loss is always going to come that’s why risk management is always the first aspect to learn in trading. Yes there are traders who combine the two; investing and trading together. Most of them are those who started off as investors before adding this trading to their aspects and after then the funds gotten from trading are invested into holding bitcoin, but this doesn’t guarantee ultimate knowledge, because some of them traders can still take from the invested money when they have exhausted their trading funds The sad reality about trading is whatever long your experience dealing with it and how big your knowledge about the market there still instances that you get liquidated. You can't play lame around when you are already placing your position since simple mistake for not paying attention with the market movement can make those trader a loser. This is how stressful they are since to many things to consider and to watch that's why they always need to be prepared or else they would lose their money. That's why its always good to choose the better side of investment since dealing long term with Bitcoin posses low risk and stress, since unlike trading we don't need to pay much attention on what's currently happening on the market. The main thing we need to focus is to buy if we already have cash to spend to add more Bitcoin on our portfolios. Some people choose to do both but actually they are wasting their time with that option since provably they would just experience repetitive cycle of winning and losing, that's why they better focus on buying since for sure they could experience the real appreciation of their investment made on Bitcoin.
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Muba20
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February 19, 2025, 11:55:44 PM |
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In my opinion, bitcoin investment has reached a point where it should be considered separately from trading. If you wish to invest, then focus on being an investor; if you prefer to trade, then commit to being a trader. Combining both investing and trading seems illogical to me. Engaging in both simultaneously can jeopardize your investments, as the distractions from trading can affect your overall performance.
When someone considers investment and trading at the same time, he will not be able to hold Bitcoin investment for the long term. A slight increase in price can inspire him to sell. Similarly, when the price decreases, he will be hindered from holding Bitcoin. That is, a trader can never be a holder or can investor. I think the two are completely different. Trading will generally only lead to short-term profits, which will completely hinder long-term planning. Moreover, if a trader starts trading without sufficient knowledge, his chances of losing will increase significantly. There is also a big possibility of his budget decreasing in the long term. Those who want to trade definitely need to set limits. Especially those who are new. However, even if a new holder of Bitcoin, the chances of being harmed by it are low. By holding Bitcoin for the long term, on the one hand, he can remain risk-free and on the other hand, his portfolio will grow.
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Churchillvv
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February 20, 2025, 12:50:22 AM |
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Snip Edited to clarify
Snip Snip Because I don't believe that for example a trader is not interested in investing in bitcoin. Because traders have certainly continued to observe the market for years (for those who have been around for a long time), so they definitely know more about the progress of the Bitcoin price every day. If I can understand your statement, are you trying to say that traders are more at advantage to know the direction and movement of bitcoin price. Well I will say your assumption is not completely correct because I have seen a bitcoin investor that are not even a trader and he always achieved a scenario that play out in terms of bitcoin direction. So the study of bitcoin movement does not depend whether you are a trader or not as bitcoin price movement depends on so many factors. People do claim that they understand bitcoin and therefore they can predict the price of bitcoin probably in short term or in long term however this claims are false. even the person who you claims always have his predictions to be correct is absolutely making a guess. The price of bitcoin over the years have been studied and some folks who are called technical analyst even find it very difficult to know which way bitcoin will go even though we have events that do point out that bitcoin will be bullish or bearish yet the exact price are mere speculations which somehow for some people falls to be closer or close to what bitcoin price is at the moment yet anyone claiming to know the price of bitcoin with whatsoever tool they use to analyse is probably making a guess.
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Proty
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February 20, 2025, 03:45:17 AM Last edit: February 21, 2025, 03:44:18 PM by Proty |
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People do claim that they understand bitcoin and therefore they can predict the price of bitcoin probably in short term or in long term however this claims are false. even the person who you claims always have his predictions to be correct is absolutely making a guess.
The price of bitcoin over the years have been studied and some folks who are called technical analyst even find it very difficult to know which way bitcoin will go even though we have events that do point out that bitcoin will be bullish or bearish yet the exact price are mere speculations which somehow for some people falls to be closer or close to what bitcoin price is at the moment yet anyone claiming to know the price of bitcoin with whatsoever tool they use to analyse is probably making a guess.
There is no trader that is certain about the variation in price of bitcoin but rather all they do is speculation, the same way nobody can predict the future, same no one can predict the price variation of bitcoin know matter what tools they may use In there analysis.Trading and gambling are the same thing because they are same, gamblers are trying to predict the outcome of a match while traders are trying to predict the change in price of bitcoin and they both have same motive which is to make quick profit. So no one can predict exactly the price change of bitcoin and get it right all the time, early October some one was sepuculating that the price will dip to $35k with enough tools to backup his claims, however even with his analysis I told him I don't see the price of bitcoin going to $35k that this is mere speculation.
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Just Say
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February 20, 2025, 04:14:39 AM Last edit: February 20, 2025, 04:32:44 AM by Just Say |
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Bitcoin was a popular digital currency before and today Bitcoin is a popular digital currency. As time goes by more and more people know about Bitcoin. Now the expansion of investment in Bitcoin is not limited only to one class of investors but the expansion of this investment has spread to almost every professional person all over the world.
I fully believe that the way Bitcoin is growing in popularity these days, there is no doubt that Bitcoin's popularity will increase even more in the future. Moreover the way Bitcoin is currently promoted through various newspapers and social media has made it more popular among people. Even already many countries and respected people from different countries have become very interested in investing in Bitcoin and are even investing in it. Maybe because of this, people are now becoming more interested in Bitcoin. Look, these countries have already invested a lot in Bitcoin in 2024, so maybe many more countries will invest in Bitcoin in the future.  Now a day laborer can invest in Bitcoin, a student can invest in Bitcoin as well as a businessman can invest in Bitcoin. Basically some important investment strategies have made investing in Bitcoin much easier. For example, investors used to think that investing in Bitcoin requires a large amount of money, but after DCA investment strategy, an investor can invest any amount of money at any time. In this case, I agree with you that the DCA strategy is simple, It may be true that people from all Student/daily laborer can invest in Bitcoin, but they must have an income. It may not be necessary to think that investing requires buying one Bitcoin. The price of Bitcoin is still very less for us, and it is even within our reach.
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Ricardo11
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February 20, 2025, 06:22:17 AM |
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Snip Edited to clarify
Snip Snip ... ... ... There is no trader that is certain about the variation in price of bitcoin but rather all they do is speculation, the same way nobody can predict the future, same no one can predict the price variation of bitcoin know matter what tools they may use In there analysis.Trading and gambling are the same thing because they are same, gamblers are trying to predict the outcome of a match while traders are trying to predict the change in price of bitcoin and they both have same motive which is to make quick profit. So no one can predict exactly the price change of bitcoin and get it right all the time, early October some one was sepuculating that the price will dip to $35k with enough tools to backup his claims, however even with his analysis I told him I don't see the price of bitcoin going to $35k that this is mere speculation. It is clear that it is completely impossible to make an accurate prediction of the market. The predictions that traders make are also just guesses, they cannot say anything for sure. Therefore, traders make a short-term trading of Bitcoin by making a prediction, but its risk tendency is always very high. Such traders always have a high probability of losing money. Because Bitcoin is a market that fluctuates more than expected in the short term, trading in Bitcoin is always full of high risk. And this is why we always advise to invest only for the long term holding. Bitcoin always has risks, and whether it is long-term or short-term, and neither is risk-free. However, there is a difference in risk, high risk or low risk, in the case of short-term trading, the risk is very high, and in the case of long-term investment, there is risk, but the probability of this risk is very low, and the probability of profit is very high. So those who invest in DCA, and hold for the long term, they will be able to profit much more than these short-term traders.
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Mayor of ogba
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February 20, 2025, 07:57:26 AM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
buying a coin in dip is quit safer than buying it when it is already high at price, but most of the buyer only buy coins when it is already on top because they can't control thier emotions, and that is the big problem not only today but also from the past people is greedy and they cannot control thier emotions and that make them loss. Since we are talking about bitcoin investment, I want you to understand that there's no right time to invest in bitcoin. If you are waiting to buy bitcoin in a dip, you are wasting your time, and you may possibly miss out on accumulating a reasonable amount of bitcoin since no man or woman on planet earth can actually predict when a dip will happen. Instead of waiting for a dip, you can start accumulating bitcoin with the DCA strategy when you money is readily available because the DCA strategy will allow you to even accumulate bitcoin in the bullish trend and the bearish trend, and it will also control your emotions.
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obuoma
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February 20, 2025, 08:18:34 AM |
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Snip Edited to clarify
Snip Snip Because I don't believe that for example a trader is not interested in investing in bitcoin. Because traders have certainly continued to observe the market for years (for those who have been around for a long time), so they definitely know more about the progress of the Bitcoin price every day. If I can understand your statement, are you trying to say that traders are more at advantage to know the direction and movement of bitcoin price. Well I will say your assumption is not completely correct because I have seen a bitcoin investor that are not even a trader and he always achieved a scenario that play out in terms of bitcoin direction. So the study of bitcoin movement does not depend whether you are a trader or not as bitcoin price movement depends on so many factors. People do claim that they understand bitcoin and therefore they can predict the price of bitcoin probably in short term or in long term however this claims are false. even the person who you claims always have his predictions to be correct is absolutely making a guess. The price of bitcoin over the years have been studied and some folks who are called technical analyst even find it very difficult to know which way bitcoin will go even though we have events that do point out that bitcoin will be bullish or bearish yet the exact price are mere speculations which somehow for some people falls to be closer or close to what bitcoin price is at the moment yet anyone claiming to know the price of bitcoin with whatsoever tool they use to analyse is probably making a guess. Exactly because bitcoin price depends on so many foreseen and unforeseen factors so for someone to say he or she know exactly where the bitcoin price will be is just a mere speculation. I think the best approach is to remain flexible in the market.
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hero_the_bossman
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February 20, 2025, 08:20:39 AM |
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Exactly because bitcoin price depends on so many foreseen and unforeseen factors so for someone to say he or she know exactly where the bitcoin price will be is just a mere speculation. I think the best approach is to remain flexible in the market.
We know about the trend in the long run - and we don't need more than that, in my opinion. Of course, we can analyze and try to get the dips and corrections and how the price would go sooner or later, but in the end, the value of BTC would only go upward in the decades to come.
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Glen Hoddle
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February 20, 2025, 08:25:43 AM |
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In my opinion, bitcoin investment has reached a point where it should be considered separately from trading. If you wish to invest, then focus on being an investor; if you prefer to trade, then commit to being a trader. Combining both investing and trading seems illogical to me. Engaging in both simultaneously can jeopardize your investments, as the distractions from trading can affect your overall performance.
You remove all the thinking and start saving bitcoins for the long term, you can get the most profit and success. But whenever you get involved in trading and short-term bitcoins, your long-term holdings can fail. So if you are limited by holding Bitcoin long-term you will be successful, but whenever you get involved in multiple ways you will immediately run into problems and your money will remain unaccounted for. So you will definitely get maximum success if you hold bitcoins with proper strategy and proper long term long term.
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fikrett
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February 20, 2025, 08:28:15 AM |
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You remove all the thinking and start saving bitcoins for the long term, you can get the most profit and success. But whenever you get involved in trading and short-term bitcoins, your long-term holdings can fail. So if you are limited by holding Bitcoin long-term you will be successful, but whenever you get involved in multiple ways you will immediately run into problems and your money will remain unaccounted for. So you will definitely get maximum success if you hold bitcoins with proper strategy and proper long term long term.
To see the results that are guaranteed, one should hodl. All the other options are available too, but they have more risk to them, that would be it .
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Barikui1
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February 20, 2025, 08:31:38 AM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
buying a coin in dip is quit safer than buying it when it is already high at price, but most of the buyer only buy coins when it is already on top because they can't control thier emotions, and that is the big problem not only today but also from the past people is greedy and they cannot control thier emotions and that make them loss. Since we are talking about bitcoin investment, I want you to understand that there's no right time to invest in bitcoin. If you are waiting to buy bitcoin in a dip, you are wasting your time, and you may possibly miss out on accumulating a reasonable amount of bitcoin since no man or woman on planet earth can actually predict when a dip will happen. Instead of waiting for a dip, you can start accumulating bitcoin with the DCA strategy when you money is readily available because the DCA strategy will allow you to even accumulate bitcoin in the bullish trend and the bearish trend, and it will also control your emotions. Yes you are actually right, waiting for a dip before making a purchase of Bitcoin is actually a terrible decision making if you are still lagging behind in your accumulation journey, because by waiting your stash of Bitcoin will still remain the way it is , and it's never the right thing to do when you have not accumulated any tangible stash of Bitcoin. For those that have accumulated enough Bitcoin and are close to the end of the accumulation process, they have that luxury of time to wait for a dip, not someone that has little or no stash of Bitcoin in his possession. So in essence of what am trying to say is that waiting for a dip before making a purchase is not a good idea especially when you have little or no Bitcoin stash, but someone that is very close to the end of his accumulation journey may have such luxury of time to wait for a dip before making a purchase, even though am not a fan of waiting, I buy once the funds is available, because I believe that it's the best way to accumulate Bitcoin, since we are still in it early days, and it's still very cheap comparing to how much it might be in the future.
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Joy- maker
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Life is a short trip, the music's for the sad man.
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February 20, 2025, 08:38:44 AM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
buying a coin in dip is quit safer than buying it when it is already high at price, but most of the buyer only buy coins when it is already on top because they can't control thier emotions, and that is the big problem not only today but also from the past people is greedy and they cannot control thier emotions and that make them loss. Since we are talking about bitcoin investment, I want you to understand that there's no right time to invest in bitcoin. If you are waiting to buy bitcoin in a dip, you are wasting your time, and you may possibly miss out on accumulating a reasonable amount of bitcoin since no man or woman on planet earth can actually predict when a dip will happen. Instead of waiting for a dip, you can start accumulating bitcoin with the DCA strategy when you money is readily available because the DCA strategy will allow you to even accumulate bitcoin in the bullish trend and the bearish trend, and it will also control your emotions. Yes you are actually right, waiting for a dip before making a purchase of Bitcoin is actually a terrible decision making if you are still lagging behind in your accumulation journey, because by waiting your stash of Bitcoin will still remain the way it is , and it's never the right thing to do when you have not accumulated any tangible stash of Bitcoin. For those that have accumulated enough Bitcoin and are close to the end of the accumulation process, they have that luxury of time to wait for a dip, not someone that has little or no stash of Bitcoin in his possession. So in essence of what am trying to say is that waiting for a dip before making a purchase is not a good idea especially when you have little or no Bitcoin stash, but someone that is very close to the end of his accumulation journey may have such luxury of time to wait for a dip before making a purchase, even though am not a fan of waiting, I buy once the funds is available, because I believe that it's the best way to accumulate Bitcoin, since we are still in it early days, and it's still very cheap comparing to how much it might be in the future. It’s often said that you should make haste while the sun shine. There isn’t a perfect time to invest in Bitcoin; waiting for a dip before you begin accumulate bitcoin could hold up your investment plans. For those looking to hold onto Bitcoin for the long period of time, it’s wise to embrace the DCA strategy and start buying Bitcoin as soon as you can. This will help you develop a solid investment portfolio.
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betswift
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February 20, 2025, 08:49:09 AM |
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It’s often said that you should make haste while the sun shine. There isn’t a perfect time to invest in Bitcoin; waiting for a dip before you begin accumulate bitcoin could hold up your investment plans. For those looking to hold onto Bitcoin for the long period of time, it’s wise to embrace the DCA strategy and start buying Bitcoin as soon as you can. This will help you develop a solid investment portfolio.
The best time is any time with BTC. Because there is always window for opportunity 
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Princess Leah
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February 20, 2025, 10:08:14 AM |
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It’s often said that you should make haste while the sun shine. There isn’t a perfect time to invest in Bitcoin; waiting for a dip before you begin accumulate bitcoin could hold up your investment plans. For those looking to hold onto Bitcoin for the long period of time, it’s wise to embrace the DCA strategy and start buying Bitcoin as soon as you can. This will help you develop a solid investment portfolio.
The best time is any time with BTC. Because there is always window for opportunity  It's not only waiting for the dip that makes people miss out on accumulating opportunities, some people feel that they must have excess funds before investing not knowing that it's not very necessary to be very rich before making investment, it's a long-term process so one can start investing as little as they can for a longer period they never can tell how much they'll realise from their little consistent investment in the future. While waiting for the dip or waiting to have excess funds before investing the price would've gone higher and the investor would miss the opportunity of owning Bitcoin when it was cheaper, that's why the best time is any time and at any entry. Also, people who think investing on Bitcoin is for the rich, maybe due to it's current value are not aware of the DCA else they've realise how effective it is to all class of investors.
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Elantra
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February 20, 2025, 10:24:36 AM |
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--- Well, I will have to agree on this one cause the rate at which BTC is pumping right now, the cost of frontloading your investment portfolio into Bitcoin will be really expensive, but hey you never can tell, someone with a deep pocket can just do it (still a presumption thought) Such a thing does not need to be assumed because most people can also see that at this time there are already many rich people with deep pockets who want to buy Bitcoin without thinking about the expensive costs. Because people who already understand Bitcoin will never stop buying Bitcoin and they will even continue to be enthusiastic in buying when they see the price of Bitcoin which has increased. But if you do not have deep enough pockets to be able to buy Bitcoin in large quantities, you can still buy it little by little because that can also be a good option for people who do not have that much money. The money we should invest in bitcoin is our discretionary income and not the other way round the reason why some people are to buy now is not because of the current price of bitcoin but rather they undermine the worth of bitcoin and they are afraid to take the risk. Traders are mostly the one that is seeing the current price to be too expensive because they are looking for short-term profit Can you even hear yourself? Why would traders see the price of Bitcoin as expensive when they are interested in a quick buying and selling? That's not accurate, for traders are interested in the slightest fluctuation of the market price in their favour and can profit on both sides (Buy or Sell position). Investors should mostly consider the purchasing value of their asset and the intended goal of purchasing it. For sure you are correct about traders in that if they are somewhat experienced rather than a newbie who is guessing about what to do, then they are going to have varying techniques to attempt to play both or either side of the trade, and so they may well not be too concerned about current prices as long as they believe that they have a reasonable thesis for taking a position in one direction or another, including realizing that even an overvalued asset can sometimes (or even frequently) continue to go up and to provide trading opportunities for any trader who is able to identify some kinds of meaningful and/or reliable indicators that go beyond merely assessments of over or under valued. On the other hand, I think that you misstate the investor's sensitivity about short term BTC prices, especially if you are discounting that low coiners and no coiners may well need to spend several years accumulating bitcoin without giving too many shits about BTC prices, especially if they are entering into bitcoin with an investment thesis that is 4-10 years or longer, and surely there are some investors who may well be considering their entrance into bitcoin (and their plans to accumulate bitcoin) as something that carries out 15-30 years or longer, so even if they might change their mind down the road (which they surely have the right to do), they still might consider that they are investing into bitcoin for decently long timelines, so they plan their BTC accumulation strategy in accordance with regularly buying bitcoin and without giving any shits about short term BTC price movements, and they might even consider that anything currently under $1 million per BTC is a good deal, so they accumulate BTC no matter the price.... and they also may well not be in a position to lump sum invest into bitcoin, so their $100 per week (or even their $10 per week) is not going to make too much of a difference if the BTC price happens to be $108k, $93k, $61k or even $236k.... Once some of the newbie investors accumulate bitcoin for 4-10 years or longer, there may be some point in which they start to become more interested in monitoring the BTC price and attempts to strategize their additional purchases on dips rather than regularly, consistently, persistently and ongoingly. Many of you might also fake it to call black--white, but the truth is that the Bitcoin you bought at $10,000 is cheaper than the Bitcoin you bought at $100,000
If someone just came into bitcoin, even within the last couple of years, have never had opportunities to buy bitcoin lower than $16k, and it would be unrealistic for them to turn back the clock or even to guess about where the BTC price might go from here, including that it may well be quite presumptive for them to speculate that BTC prices are ever going below $90k again.. .so they have to be careful about fantasizing regarding what they did in the past or what they could have done or should have done, including that whatever they did do, is already locked in, so sure they can take that into account in order to try to figure out what they are going to do from here in terms of ongoing BTC accumulation strategies. and the profit the two would earn when Bitcoin gets to $150,000 aren't the same,
Even guys that got into bitcoin under $10k, perhaps 4 years ago or more, may well feel that they are not in a position to be fucking around with trying to take profits, even if BTC were to reach $150k in the coming weeks or months. If you might realize that investors do not tend to preoccupy themselves with taking profits, then you might see that there may well be some mental frameworks that you are trying to impose, since you seem to have such an ongoing tendency to preoccupy yourself with profits and/or trading opportunities that you might identify, yet investors might not give too many shits about those short-to-medium term profit factors that you seem to want to measure as being so relevant to your own perspective but not so relevant to a BTC accumulator/HODLer who is way more long-term oriented. So your preaching about various profits are likely not going to be very relatable for BTC investors who have really gotten into longer term thinking and appreciating a likely beneficial outcome that focuses on either ongoing accumulation or some combination of accumulation and hold rather than including selling into their BTC portfolio management orientations. let's stop pretending that the value of Bitcoin is always the same at all prices, smart investments and planning are keys.
Sure.. value versus price.. which frequently, I like to consider the 200-WMA as a way of valuating our BTC holdings, yet the mere fact that the BTC spot price and the 200-WMA bounce around relative to each other does not necessarily justify attempting trying to trade upon such variations in value versus price. You seem to continue to want to suggest that you are smarter than everyone else since you seem to want to promote trading ideas, and surely trading is a specialty that an overwhelming majority of normies are not going to be able to employ in profitable kinds of ways. .including being able to beat a BTC accumulation strategy that spans over 4-10 years or longer and that largely focuses on ongoingly, persistently, consistently and perhaps even aggressively accumulating BTC. Sure, there may well be some guys (traders) who have been able to beat longer term BTC accumulation strategies, such as beating BTC accumulation strategies that are 8 years or more, yet the mere fact that some guys have been able to beat such regular BTC accumulation strategy surely does not justify that guys fuck around with such a trading strategy, absent maybe some personal specific reason that they would be suitable for the employment of such trading strategies.. .seems like rare individuals, and personally, I think that it is way better to be attempting to figure out what an overwhelming majority of people should be doing (which is likely ongoingly buying BTC) rather than projecting that normies have abilities to fuck around with trading strategies or even waiting to buy dips rather than getting started and focusing on accumulating as many BTC as they can through buying-oriented strategies over the next 4-10 years or longer without getting distracted into fucking around with selling and without ending up overdoing their own BTC accumulation strategies by failing/refusing to sufficiently/adequately manage their cashflows. And.. by the way, on a more personal level.. Merry Christmas, Happy New Years, and otherwise happy holidays to you EarnOnVictor. This is a fact that can't be look down at. Especially when you are new to it, like me. Though you might end up finding it hard depending on the mindset you have going into it cause am actually finding it hard. Am so happy I came across this post cause I never had the mindset of long term, even when their are fluntuation in price.
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Dailyscript
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February 20, 2025, 11:32:37 AM Merited by JayJuanGee (1) |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
buying a coin in dip is quit safer than buying it when it is already high at price, but most of the buyer only buy coins when it is already on top because they can't control thier emotions, and that is the big problem not only today but also from the past people is greedy and they cannot control thier emotions and that make them loss. Since we are talking about bitcoin investment, I want you to understand that there's no right time to invest in bitcoin. If you are waiting to buy bitcoin in a dip, you are wasting your time, and you may possibly miss out on accumulating a reasonable amount of bitcoin since no man or woman on planet earth can actually predict when a dip will happen. Instead of waiting for a dip, you can start accumulating bitcoin with the DCA strategy when you money is readily available because the DCA strategy will allow you to even accumulate bitcoin in the bullish trend and the bearish trend, and it will also control your emotions. I agree with you here. Predicting the dip is almost or completely impossible. As far as investment is concerned, every time is a good time to invest in Bitcoin. Every opportunity that an investor sees, as long as he has the money to buy without neglecting the important things in life, he should see that opportunity and buy Bitcoin. Bitcoin is not measured by when you bought it and how much bought at that time. But it is checked by the amount you have been able to accumualte for a period of time in your portfolio.
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cryptoWODL
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February 20, 2025, 01:00:03 PM Merited by JayJuanGee (1) |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
buying a coin in dip is quit safer than buying it when it is already high at price, but most of the buyer only buy coins when it is already on top because they can't control thier emotions, and that is the big problem not only today but also from the past people is greedy and they cannot control thier emotions and that make them loss. Since we are talking about bitcoin investment, I want you to understand that there's no right time to invest in bitcoin. If you are waiting to buy bitcoin in a dip, you are wasting your time, and you may possibly miss out on accumulating a reasonable amount of bitcoin since no man or woman on planet earth can actually predict when a dip will happen. Instead of waiting for a dip, you can start accumulating bitcoin with the DCA strategy when you money is readily available because the DCA strategy will allow you to even accumulate bitcoin in the bullish trend and the bearish trend, and it will also control your emotions. I still doubt that those who really want to invest in Bitcoin are actually waiting for the price of Bitcoin to drop. Maybe this trend exists among people who don't know that small fractions of Bitcoin can be purchased. A Bitcoin investor never worries about the price of Bitcoin falling, He always has a thought about how he can increase his income, which he will use to accumulate more Bitcoins, that is buy Bitcoins. He even has a tendency to wonder how he will be able to grow his Bitcoin investment. For example people who want to trade may often hear that it is better to buy Bitcoin at a low price and they think that is reasonable. In fact if you ask a real investor, they will never say, Buy Bitcoin tomorrow or Buy Bitcoin the next day. Even real investors would never mention that it is better to wait for the price of Bitcoin to drop.
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SuperBitMan
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February 20, 2025, 01:34:18 PM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
buying a coin in dip is quit safer than buying it when it is already high at price, but most of the buyer only buy coins when it is already on top because they can't control thier emotions, and that is the big problem not only today but also from the past people is greedy and they cannot control thier emotions and that make them loss. Since we are talking about bitcoin investment, I want you to understand that there's no right time to invest in bitcoin. If you are waiting to buy bitcoin in a dip, you are wasting your time, and you may possibly miss out on accumulating a reasonable amount of bitcoin since no man or woman on planet earth can actually predict when a dip will happen. Instead of waiting for a dip, you can start accumulating bitcoin with the DCA strategy when you money is readily available because the DCA strategy will allow you to even accumulate bitcoin in the bullish trend and the bearish trend, and it will also control your emotions. I still doubt that those who really want to invest in Bitcoin are actually waiting for the price of Bitcoin to drop. Maybe this trend exists among people who don't know that small fractions of Bitcoin can be purchased. A Bitcoin investor never worries about the price of Bitcoin falling, He always has a thought about how he can increase his income, which he will use to accumulate more Bitcoins, that is buy Bitcoins. He even has a tendency to wonder how he will be able to grow his Bitcoin investment. For example people who want to trade may often hear that it is better to buy Bitcoin at a low price and they think that is reasonable. In fact if you ask a real investor, they will never say, Buy Bitcoin tomorrow or Buy Bitcoin the next day. Even real investors would never mention that it is better to wait for the price of Bitcoin to drop. There are some people who think differently, there are Bitcoin investors who buy Bitcoin only when there's a dip no matter how small or little the dip is they believe is a better way to accumulate and hold Bitcoin for long term, we have a lot of Bitcoin strategy and to be honest there are people who won't be comfortable using the DCA strategy and is not in our power to decide for them the strategy they should use, however what we can do is discuss the different advantage and disadvantage of Bitcoin strategies and an investor who wants to grow will find a more better option, when I started Bitcoin investment i was accumulating only during the dip but when I came into this forum I discovered other strategy and that was how I started using DCA strategy because it was a better strategy, using the DCA strategy will still make you benefit from any dip especially an investor that has backup funds, waiting for a dip to come before you buy Bitcoin will delay your accumulation journey, if you are always waiting for a dip before you can start accumulating then years will pass and you have not Accumulated anything meaningful.
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