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Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 102210 times)
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April 01, 2025, 11:13:09 PM
Merited by JayJuanGee (1)
 #4561

[edited out]
Individual mentality and perspective differs, he just started his fact and his mentality on what Bitcoin will look like or is for him but one thing is you don't force people to change or believe what is right rather you only tell them and then it is there choice to chose between what is been said and what they have in mind. Saying Bitcoin can not do 2x of it current price is absolutely wrong and not true and this mentality is why some people did not invested earlier when Bitcoin come into existence, most persons see it as a scam some people say it won't go anywhere etc but today Bitcoin is more than 10x it initial price, I hope and I know Bitcoin will still surpass this level.

Sure bitcoin can continue to go up from here in this season, and it could go anywhere from merely reaching our current ATH or it could go another 5x to 10x or more for this cycle.

At the same time there are no guarantees that we will have such levels of a bullrun for this cycle or even for the next cycle, yet part of the reason that many of us stock up on bitcoin is because those kinds of runs continue to have decent odds of playing out .. .so we can choose our BTC allocation size in order to be in a place to potentially benefit from such price runs if they were to take place... whether this cycle or further down the road.

Of course, another thing is trying to stock up on bitcoin earlier rather than later, and each of us need to figured out how much we can stack up in 4-10 years or longer, since we anticipate that bitcoin is going to continue to be a good asset to have and to continue to buy, even though we may well not need to buy more of it, if we can stack up earlier rather than later...so in that regard, considering, 2x, 5x, 10x, 50x and even 100x from here is not unreasonable even though surely the higher the number the longer it may well take to play out.. and also the higher the number the longer it may take to be able to both get there and also to become sustainable at those higher rates.
I actually do love the mix of optimism and realism in your post/comment. You’re absolutely correct by implying that Bitcoin’s performances suggests that those crazy ass bull runs could eventually happen again, but like we already know, there’s absolutely not a single guarantee. So it’s pretty much about just weighing the odds involved and using that to make better and informed choices.

Without a single doubt, your assertion is very much agreeable that stocking up Bitcoin pretty much earlier than having to do it quite later is indeed a very solid strategy. When it comes to having to figure out how much one needs to accumulate next 4-10 years, and even more in some cases, it’s kinda like a personal decision but having and maintaining a long term perspective is the key to success when investing in Bitcoin.

Again, It might seem kinda crazy to consider those massive multiples, I mean the 2x, 5x, 10x, 50x and so on which you mentioned, but when/if you really think about Bitcoin’s history and previous achievements, you’ll get to know that it’s not entirely unreasonable or impossible to hit those multiples. It really doesn’t matter how long it’ll take, because sure, it’ll definitely take some time and that’s exactly why it’s always advised to maintain a long term plan and approach. And you’re definitely correct, the higher the multiples the longer it could take to reach and also sustain those levels.
But once one is able to find a balance between being optimistic and being cautious, and being ready for whatever the future, then it’ll be a lot more easier to navigate and sustain your portfolio level effectively.

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April 02, 2025, 12:00:07 AM
 #4562


I am sure that if someone starts investing from discretionary income and he creates a backup fund to do it regularly he will be able to easily pull accordingly that you say.
There are ways that it can be easy, yet usually it is not easy - especially since bitcoin tends to be so volatile, and if you are committing value to bitcoin, then even if the amounts seem small, they start to add up and they tempt you into selling too much too early.

If you are poor, and you never had much investment, even after 4-6 years, you might start to get tempted to tap into your bitcoin investment, and you may well get tempted to tap into it earlier than 4 years, and generally guys end up making mistakes of stopping their adding to their investment too early and also selling way too much too soon.  It is not easy, and you don't even have to be poor to make those kinds of mistakes.


The volatile price of Bitcoin makes it more attractive to investors and I am more inclined to be tempted by those investors. If someone is poor, they may be inclined to invest because they are more worried about their future than rich people and are interested in saving Bitcoin with great difficulty. In addition, they consciously make efforts to increase alternative income. I think the number of such investors is countless and they respect the secure financial system for their future or later life.

Among them, there are some poor people who are not qualified to invest and their income is so low that they are confused in determining their future course of action or will be behind in investing. But for mentally enterprising people, no obstacle can stop them from investing. After a break of some time or a few more years, he continues to invest Bitcoin continuously to fulfill his goal.
Somebody said "POOR" means passing over opportunities repeatedly, Bitcoin is meant for everybody that has the mindset to invest, even the most vulnerable in the society need investment at least to help them move away from that level of social strata in life. Poor people need to put effort too to make sure things change, Bitcoin allows them to create an investment plan using the DCA, good a thing bitcoin is not something that is exclusively meant for the rich,  so anybody that is supposedly poor needs to make a move.
If someone says they can't invest in bitcoin because they are poor, I don't think that's a good assumption. Because if someone makes that assumption, it reflects that the person doesn't have the ambition or strong desire to change their situation and I think that's a wrong way of thinking. Because basically as long as they have a strong desire and work hard, everyone can definitely invest in bitcoin. Because bitcoin was created not only for the upper class, but for all people. So if there is someone who knows about bitcoin and he is still young, but he doesn't invest in bitcoin, I think that person missed a good opportunity in his life. So with that, it can be said that people who want to invest in bitcoin, just have to instill a positive mindset that they can definitely invest in bitcoin. Because if there is a will, there is definitely a way that is wide open. Therefore, for someone who has not invested in bitcoin, I think you should immediately invest in bitcoin. Because even though investing in bitcoin does not guarantee 100% success, I am sure that 85% of bitcoin can guarantee success.
If he says he his poor, that means he does not have that resources at all, you can't force a person that has no means of income or means of survival that bearly have ones meal to invest in Bitcoin where do you want him to start from, remember he his poor if you give the person a phone to start with, let's say you want to help what about the mega-bite for browsing to be online or are you also going to continueosly give the person money to be investing in Bitcoin, instead set up a business for the person, which he can start from

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April 02, 2025, 12:15:54 AM
Merited by JayJuanGee (1)
 #4563


I am sure that if someone starts investing from discretionary income and he creates a backup fund to do it regularly he will be able to easily pull accordingly that you say.
There are ways that it can be easy, yet usually it is not easy - especially since bitcoin tends to be so volatile, and if you are committing value to bitcoin, then even if the amounts seem small, they start to add up and they tempt you into selling too much too early.

If you are poor, and you never had much investment, even after 4-6 years, you might start to get tempted to tap into your bitcoin investment, and you may well get tempted to tap into it earlier than 4 years, and generally guys end up making mistakes of stopping their adding to their investment too early and also selling way too much too soon.  It is not easy, and you don't even have to be poor to make those kinds of mistakes.


The volatile price of Bitcoin makes it more attractive to investors and I am more inclined to be tempted by those investors. If someone is poor, they may be inclined to invest because they are more worried about their future than rich people and are interested in saving Bitcoin with great difficulty. In addition, they consciously make efforts to increase alternative income. I think the number of such investors is countless and they respect the secure financial system for their future or later life.

Among them, there are some poor people who are not qualified to invest and their income is so low that they are confused in determining their future course of action or will be behind in investing. But for mentally enterprising people, no obstacle can stop them from investing. After a break of some time or a few more years, he continues to invest Bitcoin continuously to fulfill his goal.
Somebody said "POOR" means passing over opportunities repeatedly, Bitcoin is meant for everybody that has the mindset to invest, even the most vulnerable in the society need investment at least to help them move away from that level of social strata in life. Poor people need to put effort too to make sure things change, Bitcoin allows them to create an investment plan using the DCA, good a thing bitcoin is not something that is exclusively meant for the rich,  so anybody that is supposedly poor needs to make a move.
If someone says they can't invest in bitcoin because they are poor, I don't think that's a good assumption. Because if someone makes that assumption, it reflects that the person doesn't have the ambition or strong desire to change their situation and I think that's a wrong way of thinking. Because basically as long as they have a strong desire and work hard, everyone can definitely invest in bitcoin. Because bitcoin was created not only for the upper class, but for all people. So if there is someone who knows about bitcoin and he is still young, but he doesn't invest in bitcoin, I think that person missed a good opportunity in his life. So with that, it can be said that people who want to invest in bitcoin, just have to instill a positive mindset that they can definitely invest in bitcoin. Because if there is a will, there is definitely a way that is wide open. Therefore, for someone who has not invested in bitcoin, I think you should immediately invest in bitcoin. Because even though investing in bitcoin does not guarantee 100% success, I am sure that 85% of bitcoin can guarantee success.

Well you have spoken well however it still those not change the fact that a poor man or woman who has no source of income can't invest in Bitcoin, Bitcoin investment is done with money and no matter how eager you are as a poor person you can't invest in it without having the finance so I think what you should advise those who are poor is to work hard find something doing so they can be getting money no matter how small, there is a saying that they use money to go after money, Bitcoin is a very good investment and can really change the life of someone but you can't go after bitcoin without money you buy Bitcoin with money and hold it for some time, now this those not mean you need a huge amount to start bitcoin investment all you need is just as little as you can afford and it should be your discretionary income so you can hold for long without it affecting your financial status, so work hard fine something doing don't remain in your poor state when you find something doing then start your Bitcoin investment using your Discretionary income with your patience and consistency the sky will be your limit.
This is exactly why people are told to invest with their discretionary funds, if you can not afford it, put your investment plans ins temporary hold, rearrange your financial life until you can afford discretionary, once this happens, you can start investing and also save up for potential emergency to come, both the bitcoin investment and the emergency funds should come from your discretionary funds and you should invest and save simultaneously as this will help if you run into a financial crisis in the future, you won't have to sell your bitcoin too early.

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April 02, 2025, 02:33:48 AM
Merited by Tmoonz (1)
 #4564

[edited out]
Individual mentality and perspective differs, he just started his fact and his mentality on what Bitcoin will look like or is for him but one thing is you don't force people to change or believe what is right rather you only tell them and then it is there choice to chose between what is been said and what they have in mind. Saying Bitcoin can not do 2x of it current price is absolutely wrong and not true and this mentality is why some people did not invested earlier when Bitcoin come into existence, most persons see it as a scam some people say it won't go anywhere etc but today Bitcoin is more than 10x it initial price, I hope and I know Bitcoin will still surpass this level.
Sure bitcoin can continue to go up from here in this season, and it could go anywhere from merely reaching our current ATH or it could go another 5x to 10x or more for this cycle.

At the same time there are no guarantees that we will have such levels of a bullrun for this cycle or even for the next cycle, yet part of the reason that many of us stock up on bitcoin is because those kinds of runs continue to have decent odds of playing out .. .so we can choose our BTC allocation size in order to be in a place to potentially benefit from such price runs if they were to take place... whether this cycle or further down the road.

Of course, another thing is trying to stock up on bitcoin earlier rather than later, and each of us need to figured out how much we can stack up in 4-10 years or longer, since we anticipate that bitcoin is going to continue to be a good asset to have and to continue to buy, even though we may well not need to buy more of it, if we can stack up earlier rather than later...so in that regard, considering, 2x, 5x, 10x, 50x and even 100x from here is not unreasonable even though surely the higher the number the longer it may well take to play out.. and also the higher the number the longer it may take to be able to both get there and also to become sustainable at those higher rates.
I actually do love the mix of optimism and realism in your post/comment. You’re absolutely correct by implying that Bitcoin’s performances suggests that those crazy ass bull runs could eventually happen again, but like we already know, there’s absolutely not a single guarantee. So it’s pretty much about just weighing the odds involved and using that to make better and informed choices.

Without a single doubt, your assertion is very much agreeable that stocking up Bitcoin pretty much earlier than having to do it quite later is indeed a very solid strategy. When it comes to having to figure out how much one needs to accumulate next 4-10 years, and even more in some cases, it’s kinda like a personal decision but having and maintaining a long term perspective is the key to success when investing in Bitcoin.

I just seems that the investment thesis for bitcoin is not any weaker than when I got into bitcoin in late 2013, and there were a lot of trying times back then, and so in some sense, the answers today are not any different from what they were 11 years ago. ..  continue to buy as much bitcoin as you are able to until you think that you have enough or more than enough...   If you already got a bit of a headstart, then good for you.  Maybe you have already accumulated a few BTC.

But if you are just getting started right now, then maybe you first shoot for 1 million sats, and then you shoot for 5 million sats and then you shoot for 10 million sats and then for 21 million sats, etc, etc.

You might consider that you are ONLY able to accumulate so many sats, but if you are buying every week, whether $100 per week or $10 per week or some other amount, then you are likely making progress in terms of ongoingly, persistently and consistently adding to your stash.. and so you might not even need as many bitcoin as you think that you need in order to get to your goals.. yet since the value of bitcoin in dollars is ongoingly changing, so there will continue to be need to monitor your progress in terms of something that is tangible, such as how much of a salary do you need every year in order to sustain yourself, and then perhaps at some point the quantity of bitcoin that you have might come to a high enough level.

For example, right now a guy who might consider that he needs $80k per year of income, he might consider that he needs 17.63 bitcoin or more in order to get over his status of his bitcoin being able to sustain that level of income from his bitcoin stash.  Yet, if such guy with a requirement of $80k per year were to have a similar income target for 10 years from now, then he might only need right around 2 bitcoin or more in order to accomplish that same level of income (even accounting for the debasement of the dollar).  Sure, we cannot know exactly how the values are going to work out, yet a guy who might be looking to get to that same status might find that it could be way easier to reach the 2 bitcoin or more future target as compared with the 17.63 or more bitcoin that is needed today for the same income level.

Surely, there are guys who also do not need that same level of income, so there could be guys that might need $40k per year or$20k per year, and they would need only 1/2 the quantity of bitcoin or 1/4 of the quantity respectively as the guy with the $80k per year requirement.

Again, It might seem kinda crazy to consider those massive multiples, I mean the 2x, 5x, 10x, 50x and so on which you mentioned, but when/if you really think about Bitcoin’s history and previous achievements, you’ll get to know that it’s not entirely unreasonable or impossible to hit those multiples. It really doesn’t matter how long it’ll take, because sure, it’ll definitely take some time and that’s exactly why it’s always advised to maintain a long term plan and approach. And you’re definitely correct, the higher the multiples the longer it could take to reach and also sustain those levels.
But once one is able to find a balance between being optimistic and being cautious, and being ready for whatever the future, then it’ll be a lot more easier to navigate and sustain your portfolio level effectively.

Of course, we likely need to maintain conservative projections and also potentially more bullish projections, in order to consider a variety of possibilities, without getting our hopes up too high, yet at the same time, being prepared for our expectations being met and/or exceeded.  I think that there are quite a few of us who had relatively conservative expectations in regards to bitcoin, and bitcoin had ended up exceeding our expectations.  I purposefully placed my own expectation at somewhere in the ballpark of 6% per year for what I was considering bitcoin as a base case, yet surely even in my own case (and several mistakes that I made along the way), my own bitcoin holdings had performed around 60% or more per year, even though I purposefully had ONLY set my expectations at 6% per year... so it frequently has been my thinking that if we purposefully set our expectations in relatively conservative ways, then it becomes way more likely that we are going to experience bitcoin performance that exceeds our expectations and we know that it is not guaranteed, but we can also be prepared for our expectations to be exceeded.. There are ways to make such mental expectations....and then to just continue to plow away at building our bitcoin investment, since we likely have to spend a lot of time and effort building our bitcoin investment first in order to even get ourselves into a position of being able to benefit from it at later dates.

[edited out]
If he says he his poor, that means he does not have that resources at all, you can't force a person that has no means of income or means of survival that bearly have ones meal to invest in Bitcoin where do you want him to start from, remember he his poor if you give the person a phone to start with, let's say you want to help what about the mega-bite for browsing to be online or are you also going to continueosly give the person money to be investing in Bitcoin, instead set up a business for the person, which he can start from

Sure, at minimum, each person has to have discretionary income to be able to invest in bitcoin, and if they cannot figure out a way to have discretionary income then they should not be trying to invest into bitcoin with money they need for their living expenses.

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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April 02, 2025, 06:57:04 AM
 #4565

The reason why people are still investing in shitcoins instead of Bitcoin is because they feel shitcoins are more fast in growth than Bitcoin and they have may be seen one or two people that has made money from some shitcoins,
Fuck them and their shitcoins and how they feel about it, for as I know shitcoin doesn't have any potential, all are crab pump and dump that people invest and later regret at last. I wounder why people leave a potential coin like bitcoin and go for shitcoin for the sake of imidiate pump and forget about the dump without rise. Because definately it will rise to leure people in and dump their ass down.
They always go on with the mindset of withdrawal almost immediately when there is a pump and that's it's just the only investment strategy they have. The funny thing is, a lot of them don't even believe in some of the shitcoin project they want to invest in, but Yet they still try to convince themselves about the miracle of impossibility to happen.

Patience they say is a virtue and bitcoin gives you the reward for your patience, most of these shitcoin investors see patients as a waste of time, hence they always fall for the scam in shitcoins in the hope of getting their investment as fast as possible. The sad part is that, people will always refuse to learn.
It is interesting that when Altcoin or Shitcoin that you are referring to is indeed made as an alternative profit that can be obtained because the movement is much more volatile, and in some they want to maximize it for their profits which are much higher and faster.

I don't deny it because I have also done it for profit, maybe you will judge me stupid or whatever about me doing that, but if as far as we get a profit then the results of trading from shitcoin make a big profit and then saved in a safer coin, namely bitcoin, is it wrong, or can't be right? While we don't have any other job that can make more money to save in bitcoin, yes why not use it to get more money to save in bitcoin.

There is always polarization in every industry, and I think if the goal is to add or buy more bitcoins from shitcoin trading, it doesn't matter, as long as we understand the risks and are able to take responsibility for it, Bitcoin will only be the last storage and secure our money for a better future.


I'm not against people investing on shitcoins I'm against people preaching it to newbies, if one knows the risk in it and decided to venture into it then is the person's cup of tea not mine, but why venturing into such risk knowing fully well there high risk of lose.
And trading shitcoins to invest in Bitcoin is a very bad approach, what if you lose your money instead of trading shitcoins to invest in Bitcoin is better you use DCA strategy and accumulate little by little no need to rush, if you think you can trade shitcoins and use the profit to invest in Bitcoin and become successful in Bitcoin investment then you lie because of you are lucky to get profit from one shitcoin you won't be that lucky next time.

Shitcoins are Coins with very low volume, volume numbers are usually fake, No development, Listed on temble exchangers, Supply not distributed in a fair manner. Shitcoins should be avoided especially by newbies who wants to be successful in the crypto world.
As an newbies in the Crypto market it is not always advisable to jump into trading of shitcoins, investing in shitcoin its essential to prioritize education and understand of the Crypto market before making investment decisions.

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April 02, 2025, 09:59:37 AM
Merited by JayJuanGee (1)
 #4566

I actually do love the mix of optimism and realism in your post/comment. You’re absolutely correct by implying that Bitcoin’s performances suggests that those crazy ass bull runs could eventually happen again, but like we already know, there’s absolutely not a single guarantee. So it’s pretty much about just weighing the odds involved and using that to make better and informed choices.

Without a single doubt, your assertion is very much agreeable that stocking up Bitcoin pretty much earlier than having to do it quite later is indeed a very solid strategy. When it comes to having to figure out how much one needs to accumulate next 4-10 years, and even more in some cases, it’s kinda like a personal decision but having and maintaining a long term perspective is the key to success when investing in Bitcoin.

I just seems that the investment thesis for bitcoin is not any weaker than when I got into bitcoin in late 2013, and there were a lot of trying times back then, and so in some sense, the answers today are not any different from what they were 11 years ago. ..  continue to buy as much bitcoin as you are able to until you think that you have enough or more than enough...   If you already got a bit of a headstart, then good for you.  Maybe you have already accumulated a few BTC.

But if you are just getting started right now, then maybe you first shoot for 1 million sats, and then you shoot for 5 million sats and then you shoot for 10 million sats and then for 21 million sats, etc, etc.

You might consider that you are ONLY able to accumulate so many sats, but if you are buying every week, whether $100 per week or $10 per week or some other amount, then you are likely making progress in terms of ongoingly, persistently and consistently adding to your stash.. and so you might not even need as many bitcoin as you think that you need in order to get to your goals.. yet since the value of bitcoin in dollars is ongoingly changing, so there will continue to be need to monitor your progress in terms of something that is tangible, such as how much of a salary do you need every year in order to sustain yourself, and then perhaps at some point the quantity of bitcoin that you have might come to a high enough level.

For example, right now a guy who might consider that he needs $80k per year of income, he might consider that he needs 17.63 bitcoin or more in order to get over his status of his bitcoin being able to sustain that level of income from his bitcoin stash.  Yet, if such guy with a requirement of $80k per year were to have a similar income target for 10 years from now, then he might only need right around 2 bitcoin or more in order to accomplish that same level of income (even accounting for the debasement of the dollar).  Sure, we cannot know exactly how the values are going to work out, yet a guy who might be looking to get to that same status might find that it could be way easier to reach the 2 bitcoin or more future target as compared with the 17.63 or more bitcoin that is needed today for the same income level.

Surely, there are guys who also do not need that same level of income, so there could be guys that might need $40k per year or$20k per year, and they would need only 1/2 the quantity of bitcoin or 1/4 of the quantity respectively as the guy with the $80k per year requirement.


Couldn't it be said that the answers today are more compelling than in late 2013? Since then we have gone through the entire phase of denial from state actors to corporations and banks specifically to any other private or public individual being hostile towards bitcoin. Not a lot of those hostile positions are still around. Many have shut their mouth, many have been converted into bitcoiners, answers have been given by the network to anyone trying to shut it down or ban it from operating within their national boundaries, banks have adopted it as a product after claiming they would fire any employee owning bitcoin (Jamie Dimon).

If it is all about the multiple that someone can get out of their investment, then the answer is different today with regards to time spans and this can be said in hindsight. Bitcoin has made like 100x since late 2013 and while I would not say never here, going another 100x within the next 11-12 years is maybe too optimistic. But since the comparison is dumb as bitcoin should be put in relation to other asset classes and their potential, I think the investment thesis could be deemed stronger now than it was back then for most of potential investors. Geeks might argue it was crystal clear in 2013, but not everyone thinks and acts like that. But in regards to answers given by bitcoin to the doubters, in my opinion there are many more answers today than there had been back then.
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April 02, 2025, 11:35:37 AM
Merited by JayJuanGee (1)
 #4567

Shitcoins are Coins with very low volume, volume numbers are usually fake, No development, Listed on temble exchangers, Supply not distributed in a fair manner. Shitcoins should be avoided especially by newbies who wants to be successful in the crypto world.
As an newbies in the Crypto market it is not always advisable to jump into trading of shitcoins, investing in shitcoin its essential to prioritize education and understand of the Crypto market before making investment decisions.
either you are trading or investing in shitcoin, they both have the potential of landing you in same situation of ruin. Being a newbie investor is not an excuse for not doing the right thing. Even after you have stayed long on this thread to have learnt a lot, that is enough to make you a better investor, you should know better to avoid putting your hope on shitcoin.
 
If you want to make your investment profitable for you, it is only best to stick to what will work for you not just in the now but also in the future, and that certainly is bitcoin. if you had bought bitcoin in the last ten years and held it till now, you would still be in profit. if you even had bought it in the last four, three, two, or even last year, you would still have been in profit. same can't be said about most of the shitcoin you are considering even though you intend to invest or trade them. this is not an altcoin related thread but just so you know, shitcoins don't have long term potential to even consider holding any of them for the long term. If you want to join the fleets of people that went into them because of the short-term potential it usually promises, after which it dumps, you might eventually regret your action.

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April 02, 2025, 12:18:09 PM
 #4568


I am sure that if someone starts investing from discretionary income and he creates a backup fund to do it regularly he will be able to easily pull accordingly that you say.
There are ways that it can be easy, yet usually it is not easy - especially since bitcoin tends to be so volatile, and if you are committing value to bitcoin, then even if the amounts seem small, they start to add up and they tempt you into selling too much too early.

If you are poor, and you never had much investment, even after 4-6 years, you might start to get tempted to tap into your bitcoin investment, and you may well get tempted to tap into it earlier than 4 years, and generally guys end up making mistakes of stopping their adding to their investment too early and also selling way too much too soon.  It is not easy, and you don't even have to be poor to make those kinds of mistakes.


The volatile price of Bitcoin makes it more attractive to investors and I am more inclined to be tempted by those investors. If someone is poor, they may be inclined to invest because they are more worried about their future than rich people and are interested in saving Bitcoin with great difficulty. In addition, they consciously make efforts to increase alternative income. I think the number of such investors is countless and they respect the secure financial system for their future or later life.

Among them, there are some poor people who are not qualified to invest and their income is so low that they are confused in determining their future course of action or will be behind in investing. But for mentally enterprising people, no obstacle can stop them from investing. After a break of some time or a few more years, he continues to invest Bitcoin continuously to fulfill his goal.
Somebody said "POOR" means passing over opportunities repeatedly, Bitcoin is meant for everybody that has the mindset to invest, even the most vulnerable in the society need investment at least to help them move away from that level of social strata in life. Poor people need to put effort too to make sure things change, Bitcoin allows them to create an investment plan using the DCA, good a thing bitcoin is not something that is exclusively meant for the rich,  so anybody that is supposedly poor needs to make a move.
If someone says they can't invest in bitcoin because they are poor, I don't think that's a good assumption. Because if someone makes that assumption, it reflects that the person doesn't have the ambition or strong desire to change their situation and I think that's a wrong way of thinking. Because basically as long as they have a strong desire and work hard, everyone can definitely invest in bitcoin. Because bitcoin was created not only for the upper class, but for all people. So if there is someone who knows about bitcoin and he is still young, but he doesn't invest in bitcoin, I think that person missed a good opportunity in his life. So with that, it can be said that people who want to invest in bitcoin, just have to instill a positive mindset that they can definitely invest in bitcoin. Because if there is a will, there is definitely a way that is wide open. Therefore, for someone who has not invested in bitcoin, I think you should immediately invest in bitcoin. Because even though investing in bitcoin does not guarantee 100% success, I am sure that 85% of bitcoin can guarantee success.

Well you have spoken well however it still those not change the fact that a poor man or woman who has no source of income can't invest in Bitcoin, Bitcoin investment is done with money and no matter how eager you are as a poor person you can't invest in it without having the finance so I think what you should advise those who are poor is to work hard find something doing so they can be getting money no matter how small, there is a saying that they use money to go after money, Bitcoin is a very good investment and can really change the life of someone but you can't go after bitcoin without money you buy Bitcoin with money and hold it for some time, now this those not mean you need a huge amount to start bitcoin investment all you need is just as little as you can afford and it should be your discretionary income so you can hold for long without it affecting your financial status, so work hard fine something doing don't remain in your poor state when you find something doing then start your Bitcoin investment using your Discretionary income with your patience and consistency the sky will be your limit.
This is exactly why people are told to invest with their discretionary funds, if you can not afford it, put your investment plans ins temporary hold, rearrange your financial life until you can afford discretionary, once this happens, you can start investing and also save up for potential emergency to come, both the bitcoin investment and the emergency funds should come from your discretionary funds and you should invest and save simultaneously as this will help if you run into a financial crisis in the future, you won't have to sell your bitcoin too early.
That is how it suppose be, if truly you want to enjoy BTC investment. Invest what you can afford to lose and you will like BTC investment than any other investments because there are time to buy BTC from the market when you are not financial buoyant, which is advisable for those people in such category who are not financial buoyant to exercise patience for the price to be low before they can buy and hodl.

It has been said many times that people should have other sources of income before investing in BTC or going into DCA method to accumulate BTC, because it will be easy for them to fulfill their plan in BTC investment.  Those that sell BTC base on some financial crisis, they don't have emergency money to solve the financial crisis which is the reason they sell their BTC at anytime not to be satisfy with their profit.


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SilverCryptoBullet
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April 02, 2025, 01:14:55 PM
 #4569

But if you are just getting started right now, then maybe you first shoot for 1 million sats, and then you shoot for 5 million sats and then you shoot for 10 million sats and then for 21 million sats, etc, etc.
First start is most challenging because you have to overcome your doubt about Bitcoin, hesitation to start your investment journey with Bitcoin because of risk, and after you debut you will feel better with later purchasing times.

Dollar Cost Averaging is a most helpful investment strategy for investors, and by this strategy application, they won't spend all capital for a first purchase and they will have later purchases. They can increase capital invested in 2nd, 3rd, 4th purchases but soon they will come to time of cooling down and can not increase capital for a purchase round forever.

The importance for their investment success is, if they can DCA, hold bitcoin, and store their bitcoin safely, they can have more satoshis and can get rich.

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April 02, 2025, 01:37:06 PM
 #4570


I am sure that if someone starts investing from discretionary income and he creates a backup fund to do it regularly he will be able to easily pull accordingly that you say.
There are ways that it can be easy, yet usually it is not easy - especially since bitcoin tends to be so volatile, and if you are committing value to bitcoin, then even if the amounts seem small, they start to add up and they tempt you into selling too much too early.

If you are poor, and you never had much investment, even after 4-6 years, you might start to get tempted to tap into your bitcoin investment, and you may well get tempted to tap into it earlier than 4 years, and generally guys end up making mistakes of stopping their adding to their investment too early and also selling way too much too soon.  It is not easy, and you don't even have to be poor to make those kinds of mistakes.


The volatile price of Bitcoin makes it more attractive to investors and I am more inclined to be tempted by those investors. If someone is poor, they may be inclined to invest because they are more worried about their future than rich people and are interested in saving Bitcoin with great difficulty. In addition, they consciously make efforts to increase alternative income. I think the number of such investors is countless and they respect the secure financial system for their future or later life.

Among them, there are some poor people who are not qualified to invest and their income is so low that they are confused in determining their future course of action or will be behind in investing. But for mentally enterprising people, no obstacle can stop them from investing. After a break of some time or a few more years, he continues to invest Bitcoin continuously to fulfill his goal.
Somebody said "POOR" means passing over opportunities repeatedly, Bitcoin is meant for everybody that has the mindset to invest, even the most vulnerable in the society need investment at least to help them move away from that level of social strata in life. Poor people need to put effort too to make sure things change, Bitcoin allows them to create an investment plan using the DCA, good a thing bitcoin is not something that is exclusively meant for the rich,  so anybody that is supposedly poor needs to make a move.
If someone says they can't invest in bitcoin because they are poor, I don't think that's a good assumption. Because if someone makes that assumption, it reflects that the person doesn't have the ambition or strong desire to change their situation and I think that's a wrong way of thinking. Because basically as long as they have a strong desire and work hard, everyone can definitely invest in bitcoin. Because bitcoin was created not only for the upper class, but for all people. So if there is someone who knows about bitcoin and he is still young, but he doesn't invest in bitcoin, I think that person missed a good opportunity in his life. So with that, it can be said that people who want to invest in bitcoin, just have to instill a positive mindset that they can definitely invest in bitcoin. Because if there is a will, there is definitely a way that is wide open. Therefore, for someone who has not invested in bitcoin, I think you should immediately invest in bitcoin. Because even though investing in bitcoin does not guarantee 100% success, I am sure that 85% of bitcoin can guarantee success.

Well you have spoken well however it still those not change the fact that a poor man or woman who has no source of income can't invest in Bitcoin, Bitcoin investment is done with money and no matter how eager you are as a poor person you can't invest in it without having the finance so I think what you should advise those who are poor is to work hard find something doing so they can be getting money no matter how small, there is a saying that they use money to go after money, Bitcoin is a very good investment and can really change the life of someone but you can't go after bitcoin without money you buy Bitcoin with money and hold it for some time, now this those not mean you need a huge amount to start bitcoin investment all you need is just as little as you can afford and it should be your discretionary income so you can hold for long without it affecting your financial status, so work hard fine something doing don't remain in your poor state when you find something doing then start your Bitcoin investment using your Discretionary income with your patience and consistency the sky will be your limit.
The assumption I mean is also the same as your assumption. Because the hard work and ambition I mean here is struggling as hard as you can to find money, so that sooner or later you can have cold money that can be invested in the form of bitcoin. So why do I say that poor people can also invest in bitcoin if they have the will, it is because as long as the person is willing to learn to get out of the abyss of their misery, and change their mindset to be better, I am sure that person can definitely invest in bitcoin and can even be successful in other things. Because after I thought about it further, the human mindset becomes something very sharp and very dangerous for a person's progress in finance or other things (If you have a bad mindset.). The point is the mindset of poor people, you could say that they don't have much hope anymore, even though in reality if the poor person wants to fight, there will always be hope that is open. So it is the same in investing in bitcoin, the point is that poor people still have the opportunity to invest in it. Moreover, bitcoin is the easiest investment asset for everyone to reach, this is a plus that we must appreciate.

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April 02, 2025, 01:45:55 PM
Merited by laijsica (3), JayJuanGee (1)
 #4571

which is advisable for those people in such category who are not financial buoyant to exercise patience for the price to be low before they can buy and hodl.
Although I agree with all your sentences, I do not agree with this sentence. If you are not financially stable, you can work on your source of income or work to improve your financial management. But as you said, if you are not financially stable, you should wait for the price to decrease. I am looking at this issue completely negatively and I think you are not very familiar with investment strategies.

If you are mentally ready to invest and if your source of income is suitable for investment, then you can feel free to start investing in the DCA (Dollar Cost Averaging) strategy. In this strategy, you can buy regularly with your investment funds, regardless of the condition of the Bitcoin market. In this case, when the price of Bitcoin is high, you can buy less Bitcoin and when the price of Bitcoin is low, you will get more Bitcoin at the same price. That is, suppose your budget for investment is $100 per month. When Bitcoin is $100k, you will get more Bitcoin when Bitcoin is $80k than when Bitcoin is $100k.

So I would say, even if you are not wealthy, if you are eligible to invest, then focus on buying very soon instead of focusing on the market. Because the market will only keep postponing your purchase date and you will be deprived of buying due to delay.











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G_Besar
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April 02, 2025, 02:02:38 PM
 #4572

As an newbies in the Crypto market it is not always advisable to jump into trading of shitcoins, investing in shitcoin its essential to prioritize education and understand of the Crypto market before making investment decisions.
Beginners are indeed not advised to immediately do anything in the market if their understanding is still very low and do not have basic knowledge for it. Because the main task of beginners in anything is to study and learn knowledge before directly using money for certain coins in the market. And the coin recommendation for beginners who are just learning is also not Shitcoin, but they must be willing to take Bitcoin as their main investment vehicle. Moreover, if Shitcoin also does not have the potential to survive long in the market and is likely to experience a deeper decline if its enthusiasts do not increase over time.

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April 02, 2025, 02:20:30 PM
 #4573


I am sure that if someone starts investing from discretionary income and he creates a backup fund to do it regularly he will be able to easily pull accordingly that you say.
There are ways that it can be easy, yet usually it is not easy - especially since bitcoin tends to be so volatile, and if you are committing value to bitcoin, then even if the amounts seem small, they start to add up and they tempt you into selling too much too early.

If you are poor, and you never had much investment, even after 4-6 years, you might start to get tempted to tap into your bitcoin investment, and you may well get tempted to tap into it earlier than 4 years, and generally guys end up making mistakes of stopping their adding to their investment too early and also selling way too much too soon.  It is not easy, and you don't even have to be poor to make those kinds of mistakes.


The volatile price of Bitcoin makes it more attractive to investors and I am more inclined to be tempted by those investors. If someone is poor, they may be inclined to invest because they are more worried about their future than rich people and are interested in saving Bitcoin with great difficulty. In addition, they consciously make efforts to increase alternative income. I think the number of such investors is countless and they respect the secure financial system for their future or later life.

Among them, there are some poor people who are not qualified to invest and their income is so low that they are confused in determining their future course of action or will be behind in investing. But for mentally enterprising people, no obstacle can stop them from investing. After a break of some time or a few more years, he continues to invest Bitcoin continuously to fulfill his goal.
Somebody said "POOR" means passing over opportunities repeatedly, Bitcoin is meant for everybody that has the mindset to invest, even the most vulnerable in the society need investment at least to help them move away from that level of social strata in life. Poor people need to put effort too to make sure things change, Bitcoin allows them to create an investment plan using the DCA, good a thing bitcoin is not something that is exclusively meant for the rich,  so anybody that is supposedly poor needs to make a move.
If someone says they can't invest in bitcoin because they are poor, I don't think that's a good assumption. Because if someone makes that assumption, it reflects that the person doesn't have the ambition or strong desire to change their situation and I think that's a wrong way of thinking. Because basically as long as they have a strong desire and work hard, everyone can definitely invest in bitcoin. Because bitcoin was created not only for the upper class, but for all people. So if there is someone who knows about bitcoin and he is still young, but he doesn't invest in bitcoin, I think that person missed a good opportunity in his life. So with that, it can be said that people who want to invest in bitcoin, just have to instill a positive mindset that they can definitely invest in bitcoin. Because if there is a will, there is definitely a way that is wide open. Therefore, for someone who has not invested in bitcoin, I think you should immediately invest in bitcoin. Because even though investing in bitcoin does not guarantee 100% success, I am sure that 85% of bitcoin can guarantee success.
If he says he his poor, that means he does not have that resources at all, you can't force a person that has no means of income or means of survival that bearly have ones meal to invest in Bitcoin where do you want him to start from, remember he his poor if you give the person a phone to start with, let's say you want to help what about the mega-bite for browsing to be online or are you also going to continueosly give the person money to be investing in Bitcoin, instead set up a business for the person, which he can start from

You made a very big valid point in this your post, someone who doesn't have any source of income and barely provide for his immediate need should not even think of starting Bitcoin investment and it is not even advisable and again setting up a business for the person is not a bad idea but it is not everyone you set up business for because most persons will squander the business within a short period of time so while setting up a business for someone, it is believed you should have known what the person is capable of doing before..., unless you just come across the person and you feel like helping then it is fine but setting up a business for someone you know that he won't do well or go far is a waste of time and resources.

 
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April 02, 2025, 02:26:36 PM
 #4574



I'm not against people investing on shitcoins I'm against people preaching it to newbies, if one knows the risk in it and decided to venture into it then is the person's cup of tea not mine, but why venturing into such risk knowing fully well there high risk of lose.
And trading shitcoins to invest in Bitcoin is a very bad approach, what if you lose your money instead of trading shitcoins to invest in Bitcoin is better you use DCA strategy and accumulate little by little no need to rush, if you think you can trade shitcoins and use the profit to invest in Bitcoin and become successful in Bitcoin investment then you lie because of you are lucky to get profit from one shitcoin you won't be that lucky next time.

Shitcoins are Coins with very low volume, volume numbers are usually fake, No development, Listed on temble exchangers, Supply not distributed in a fair manner. Shitcoins should be avoided especially by newbies who wants to be successful in the crypto world.
As an newbies in the Crypto market it is not always advisable to jump into trading of shitcoins, investing in shitcoin its essential to prioritize education and understand of the Crypto market before making investment decisions.
So what you are trying to say is that as a newbie investor, we should first of all get burnt before we can learn?
Because this is what your statement here implies, what wise people do is to use others to learn, that's why it's very important that if you want to go into something, you first of all seek knowledge about that thing, from people that has succeeded and those that has failed in it, they both have what to tell you.
It's only the greedy investors that investment in shit coin knowing fully well of the risk attached to it due to greedy for 10x to 100x, so stop trying to mislead newbies with this your statement that I made bold.

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April 02, 2025, 04:06:19 PM
 #4575

So what you are trying to say is that as a newbie investor, we should first of all get burnt before we can learn?
Because this is what your statement here implies, what wise people do is to use others to learn, that's why it's very important that if you want to go into something, you first of all seek knowledge about that thing, from people that has succeeded and those that has failed in it, they both have what to tell you.
It's only the greedy investors that investment in shit coin knowing fully well of the risk attached to it due to greedy for 10x to 100x, so stop trying to mislead newbies with this your statement that I made bold.

You may still get burned afterward, but I agree - knowledge first, actions second.

Depends on how much you want to dig and how much determination you put into the analysis process.
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April 02, 2025, 04:30:35 PM
 #4576



I'm not against people investing on shitcoins I'm against people preaching it to newbies, if one knows the risk in it and decided to venture into it then is the person's cup of tea not mine, but why venturing into such risk knowing fully well there high risk of lose.
And trading shitcoins to invest in Bitcoin is a very bad approach, what if you lose your money instead of trading shitcoins to invest in Bitcoin is better you use DCA strategy and accumulate little by little no need to rush, if you think you can trade shitcoins and use the profit to invest in Bitcoin and become successful in Bitcoin investment then you lie because of you are lucky to get profit from one shitcoin you won't be that lucky next time.

Shitcoins are Coins with very low volume, volume numbers are usually fake, No development, Listed on temble exchangers, Supply not distributed in a fair manner. Shitcoins should be avoided especially by newbies who wants to be successful in the crypto world.
As an newbies in the Crypto market it is not always advisable to jump into trading of shitcoins, investing in shitcoin its essential to prioritize education and understand of the Crypto market before making investment decisions.
So what you are trying to say is that as a newbie investor, we should first of all get burnt before we can learn?
Because this is what your statement here implies, what wise people do is to use others to learn, that's why it's very important that if you want to go into something, you first of all seek knowledge about that thing, from people that has succeeded and those that has failed in it, they both have what to tell you.
It's only the greedy investors that investment in shit coin knowing fully well of the risk attached to it due to greedy for 10x to 100x, so stop trying to mislead newbies with this your statement that I made bold.
well you are quite right it's not necessary for newbies investor to get burnt before leaning in fact learning from others experience both successes and failures it a wish approach, seeking knowledge from experience investors can investor can help newbies navigate the market. It's essential to prioritize education and caution over greed and the promise of unrealistic returns. Investing in shitcoin or any high risk assets should be done with  caution and a clear understanding of potential risk and reward, newbies investor should focus on building a soiled foundation of knowledge and avoiding get rich quick scheme.

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April 02, 2025, 05:09:27 PM
Merited by JayJuanGee (1)
 #4577



I'm not against people investing on shitcoins I'm against people preaching it to newbies, if one knows the risk in it and decided to venture into it then is the person's cup of tea not mine, but why venturing into such risk knowing fully well there high risk of lose.
And trading shitcoins to invest in Bitcoin is a very bad approach, what if you lose your money instead of trading shitcoins to invest in Bitcoin is better you use DCA strategy and accumulate little by little no need to rush, if you think you can trade shitcoins and use the profit to invest in Bitcoin and become successful in Bitcoin investment then you lie because of you are lucky to get profit from one shitcoin you won't be that lucky next time.

Shitcoins are Coins with very low volume, volume numbers are usually fake, No development, Listed on temble exchangers, Supply not distributed in a fair manner. Shitcoins should be avoided especially by newbies who wants to be successful in the crypto world.
As an newbies in the Crypto market it is not always advisable to jump into trading of shitcoins, investing in shitcoin its essential to prioritize education and understand of the Crypto market before making investment decisions.
So what you are trying to say is that as a newbie investor, we should first of all get burnt before we can learn?
Because this is what your statement here implies, what wise people do is to use others to learn, that's why it's very important that if you want to go into something, you first of all seek knowledge about that thing, from people that has succeeded and those that has failed in it, they both have what to tell you.
It's only the greedy investors that investment in shit coin knowing fully well of the risk attached to it due to greedy for 10x to 100x, so stop trying to mislead newbies with this your statement that I made bold.
well you are quite right it's not necessary for newbies investor to get burnt before leaning in fact learning from others experience both successes and failures it a wish approach, seeking knowledge from experience investors can investor can help newbies navigate the market. It's essential to prioritize education and caution over greed and the promise of unrealistic returns. Investing in shitcoin or any high risk assets should be done with  caution and a clear understanding of potential risk and reward, newbies investor should focus on building a soiled foundation of knowledge and avoiding get rich quick scheme.
A new investor that want to come into the cryptospace shouldn't think twice but to go for bitcoin and invest in a long term so that he can be growing his bitcoin investment and at the same time learning more about bitcoin overtime. The basic knowledge of bitcoin is enough for any new investor to get started because he is only buying without selling at all.

Using DCA method is good for a new investor because it gives you the chance to build and grow your bitcoin investment for many years as you want and also allows you to take care of other financial related issues at the same time. What matters the most is your persistency and consistentcy to keep your bitcoin accumulation journey ongoing 4-10 years and above.

Investing in shitcoin or any high risk assets should be done with  caution and a clear understanding of potential risk and reward.
A new investor should not think of shitcoins as an investment because they don't have the potential to grow overtime instead most of them depreciates overtime. Investing in shitcoin is gambling because you can be rugged pull at any moment, so I would advise you not to waste your precious time and money on shitcoins because you will regret in the long run. Bitcoin is decentralized making it more unique to invest in for the future.

No amount of education and knowledge will save you from running at loss in shitcoin.

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April 02, 2025, 05:48:36 PM
 #4578

which is advisable for those people in such category who are not financial buoyant to exercise patience for the price to be low before they can buy and hodl.
Although I agree with all your sentences, I do not agree with this sentence. If you are not financially stable, you can work on your source of income or work to improve your financial management. But as you said, if you are not financially stable, you should wait for the price to decrease. I am looking at this issue completely negatively and I think you are not very familiar with investment strategies.

If you are mentally ready to invest and if your source of income is suitable for investment, then you can feel free to start investing in the DCA (Dollar Cost Averaging) strategy. In this strategy, you can buy regularly with your investment funds, regardless of the condition of the Bitcoin market. In this case, when the price of Bitcoin is high, you can buy less Bitcoin and when the price of Bitcoin is low, you will get more Bitcoin at the same price. That is, suppose your budget for investment is $100 per month. When Bitcoin is $100k, you will get more Bitcoin when Bitcoin is $80k than when Bitcoin is $100k.

So I would say, even if you are not wealthy, if you are eligible to invest, then focus on buying very soon instead of focusing on the market. Because the market will only keep postponing your purchase date and you will be deprived of buying due to delay.
Waiting for a dip rather than building up your finance to invest is the same thing as procrastination, this statement basically means to not even try to improve your financial standing, its like saying don't increase your finance, just wait for a dip, this is something I will call a financial mistake and should not be attempted by any potential investors else you will end up waiting for too long without a dip and without any attempt to build your finance.
No body in a financial crisis should be waiting for a dip, you might not even have the funds to buy that dip if you can't even buy through DCAing, I mean if you cannot afford $10 a week for your investment, how are you supposed to be able to afford $100 to buy a dip by waiting without setting up financial stepping stone to boost your financial life. 

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April 02, 2025, 06:55:51 PM
 #4579


I am sure that if someone starts investing from discretionary income and he creates a backup fund to do it regularly he will be able to easily pull accordingly that you say.
There are ways that it can be easy, yet usually it is not easy - especially since bitcoin tends to be so volatile, and if you are committing value to bitcoin, then even if the amounts seem small, they start to add up and they tempt you into selling too much too early.

If you are poor, and you never had much investment, even after 4-6 years, you might start to get tempted to tap into your bitcoin investment, and you may well get tempted to tap into it earlier than 4 years, and generally guys end up making mistakes of stopping their adding to their investment too early and also selling way too much too soon.  It is not easy, and you don't even have to be poor to make those kinds of mistakes.


The volatile price of Bitcoin makes it more attractive to investors and I am more inclined to be tempted by those investors. If someone is poor, they may be inclined to invest because they are more worried about their future than rich people and are interested in saving Bitcoin with great difficulty. In addition, they consciously make efforts to increase alternative income. I think the number of such investors is countless and they respect the secure financial system for their future or later life.

Among them, there are some poor people who are not qualified to invest and their income is so low that they are confused in determining their future course of action or will be behind in investing. But for mentally enterprising people, no obstacle can stop them from investing. After a break of some time or a few more years, he continues to invest Bitcoin continuously to fulfill his goal.
Somebody said "POOR" means passing over opportunities repeatedly, Bitcoin is meant for everybody that has the mindset to invest, even the most vulnerable in the society need investment at least to help them move away from that level of social strata in life. Poor people need to put effort too to make sure things change, Bitcoin allows them to create an investment plan using the DCA, good a thing bitcoin is not something that is exclusively meant for the rich,  so anybody that is supposedly poor needs to make a move.
If someone says they can't invest in bitcoin because they are poor, I don't think that's a good assumption. Because if someone makes that assumption, it reflects that the person doesn't have the ambition or strong desire to change their situation and I think that's a wrong way of thinking. Because basically as long as they have a strong desire and work hard, everyone can definitely invest in bitcoin. Because bitcoin was created not only for the upper class, but for all people. So if there is someone who knows about bitcoin and he is still young, but he doesn't invest in bitcoin, I think that person missed a good opportunity in his life. So with that, it can be said that people who want to invest in bitcoin, just have to instill a positive mindset that they can definitely invest in bitcoin. Because if there is a will, there is definitely a way that is wide open. Therefore, for someone who has not invested in bitcoin, I think you should immediately invest in bitcoin. Because even though investing in bitcoin does not guarantee 100% success, I am sure that 85% of bitcoin can guarantee success.
If he says he his poor, that means he does not have that resources at all, you can't force a person that has no means of income or means of survival that bearly have ones meal to invest in Bitcoin where do you want him to start from, remember he his poor if you give the person a phone to start with, let's say you want to help what about the mega-bite for browsing to be online or are you also going to continueosly give the person money to be investing in Bitcoin, instead set up a business for the person, which he can start from
the word poor doesn't mean the person have no money at all to invest in bitcoin he may have some money with little flow of income or he may not have at all, so less try and differentiate it when talking about the poor.

If a person has a little flow of income that is coming he can still invest in bitcoin with his/her discretionary income after he/she must settle his/her needs and expenses, and he/she should have a back up and emergency funds to run a smooth investment, but If a person is living in paycheck to paycheck  I don't think he/she can cope with bitcoin investment, rather he/she should Look  for ways to get other sources of income before they can start investing in bitcoin.
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April 02, 2025, 07:27:13 PM
 #4580



I'm not against people investing on shitcoins I'm against people preaching it to newbies, if one knows the risk in it and decided to venture into it then is the person's cup of tea not mine, but why venturing into such risk knowing fully well there high risk of lose.
And trading shitcoins to invest in Bitcoin is a very bad approach, what if you lose your money instead of trading shitcoins to invest in Bitcoin is better you use DCA strategy and accumulate little by little no need to rush, if you think you can trade shitcoins and use the profit to invest in Bitcoin and become successful in Bitcoin investment then you lie because of you are lucky to get profit from one shitcoin you won't be that lucky next time.

Shitcoins are Coins with very low volume, volume numbers are usually fake, No development, Listed on temble exchangers, Supply not distributed in a fair manner. Shitcoins should be avoided especially by newbies who wants to be successful in the crypto world.
As an newbies in the Crypto market it is not always advisable to jump into trading of shitcoins, investing in shitcoin its essential to prioritize education and understand of the Crypto market before making investment decisions.
So what you are trying to say is that as a newbie investor, we should first of all get burnt before we can learn?
Because this is what your statement here implies, what wise people do is to use others to learn, that's why it's very important that if you want to go into something, you first of all seek knowledge about that thing, from people that has succeeded and those that has failed in it, they both have what to tell you.
It's only the greedy investors that investment in shit coin knowing fully well of the risk attached to it due to greedy for 10x to 100x, so stop trying to mislead newbies with this your statement that I made bold.
well you are quite right it's not necessary for newbies investor to get burnt before leaning in fact learning from others experience both successes and failures it a wish approach, seeking knowledge from experience investors can investor can help newbies navigate the market. It's essential to prioritize education and caution over greed and the promise of unrealistic returns. Investing in shitcoin or any high risk assets should be done with  caution and a clear understanding of potential risk and reward, newbies investor should focus on building a soiled foundation of knowledge and avoiding get rich quick scheme.
A new investor that want to come into the cryptospace shouldn't think twice but to go for bitcoin and invest in a long term so that he can be growing his bitcoin investment and at the same time learning more about bitcoin overtime. The basic knowledge of bitcoin is enough for any new investor to get started because he is only buying without selling at all.

Using DCA method is good for a new investor because it gives you the chance to build and grow your bitcoin investment for many years as you want and also allows you to take care of other financial related issues at the same time. What matters the most is your persistency and consistentcy to keep your bitcoin accumulation journey ongoing 4-10 years and above.

Investing in shitcoin or any high risk assets should be done with  caution and a clear understanding of potential risk and reward.
A new investor should not think of shitcoins as an investment because they don't have the potential to grow overtime instead most of them depreciates overtime. Investing in shitcoin is gambling because you can be rugged pull at any moment, so I would advise you not to waste your precious time and money on shitcoins because you will regret in the long run. Bitcoin is decentralized making it more unique to invest in for the future.

No amount of education and knowledge will save you from running at loss in shitcoin.
you have really spoken well here a new investor should just stick to bitcoin investment and forget about shitcoins for most shitcoins out there has nothing to offer in return when you put your hard earn money in them.

Focus on accumulating bitcoin to hold for long term for Bitcoin investment  investment is better and more profitable than investing in shitcoins, and to be frank with you guys since I came into this system I have not witness nor seeing any shitcoin  doing what bitcoin did in the system, so why investing in shitcoins that has nothing to offer.

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