Pages:
Author

Topic: 🔥 Bitcoin Buy and Hold 👑 - page 2. (Read 627 times)

sr. member
Activity: 1316
Merit: 379
Fully Regulated Crypto Casino
April 27, 2024, 03:35:51 AM
#65

It's difficult to control how you do your gambling habit is but I totally agree with you that the only way that you can do it is through discipline, no other way around it however I don't agree on the fact that it's best done when you have got a stable income because I do think that you do not need to suffer from it even when you do have the choice to gamble and not worry about the money, gambling is a pitfall that's difficult to get out of even if you've got the money to survive that pitfall, I'd say that gambling shouldn't be something that's considered an option when you have an excess money.

 I agree with your statement and I think you chose the right words to use concerning gambling but I think everything that have a disadvantage also have an advantage as well, i won't advise a poor person to go into gambling or see it as an option to earn a fortune, though some people have been very lucky to make a fortune through it, but it is very rare else the house won't be getting more edge than bettors, I think gambling should be for the wealthy ones who have extra cash to spare for fun and entertainment cause that's the best way to go about it, we all know that there is a lot of risk involved in it and the rate of loses from gamblers in a day should be greater than that of those who win but then no one should be happy losing money that is why it should be meant for rich people who have more than enough with different sources of income, not a poor man trying to survive. Instead of gambling for survival I will rather invest my money in Bitcoin I know they are  both risky if done out of ignorance but I could manage the risk that comes with Bitcoin due to it's volatility and i would not up losing everything compared to gambling.
sr. member
Activity: 1554
Merit: 334
April 27, 2024, 12:26:26 AM
#64
The truth about gambling is that when you do it, consider the money gone. Just be realistic that there’s every tendency you’ll never get the money. I don’t see why he switched to gambling if the 5 months were really good for him. All he had to do was to just continue with whatever pattern that was making him money. Gambling is best done if you have a stable income source and you have control on how often you do it.
It's difficult to control how you do your gambling habit is but I totally agree with you that the only way that you can do it is through discipline, no other way around it however I don't agree on the fact that it's best done when you've got a stable income because I do think that you don't need to suffer from it even when you do have the choice to gamble and not worry about the money, gambling is a pitfall that's difficult to get out of even if you've got the money to survive that pitfall, I'd say that gambling shouldn't be something that's considered an option when you have an excess money.
newbie
Activity: 2
Merit: 0
April 27, 2024, 12:19:06 AM
#63
It's inspiring to hear about your journey with Bitcoin, turning $100 into $1130 through buy and hold strategies. Your dedication and commitment to avoiding addictive behaviors like gambling are commendable, showcasing the potential for a bright future with Bitcoin and responsible trading.
hero member
Activity: 1960
Merit: 547
Vave.com - Crypto Casino
April 04, 2024, 07:48:38 AM
#62
I still regret thinking about that day not long ago when Bitcoin was $24k. I had $800 worth of bitcoins and when Bitcoin hit $45K, out of necessity I sold $700. Fortunately, there were $100 worth of bitcoins left which is around $500 at this time. Now, every time I look at my wallet I feel sorry for my sold BTCs and I wish I had them too.

Overall, it's all about patience and having enough belief and also having enough funds in hand so that you don't need to sell your Bitcoin when you face an emergency like me. If none of this is the case, I would always advise people not to sell their BTC unnecessarily because Bitcoin is going to go up a lot, and we are just getting started, bull run is yet to come.

It's your fault, why don't you have money saved for emergencies and then when something happens to you, you have to reluctantly sell your bitcoins? Additionally, selling bitcoins to deal with emergencies is a good thing to do because if you don't have those bitcoins, what will you do to get through that situation? So don't regret too much about what happened. And yet, you still have plenty of time to accumulate the bitcoins you sold, why do you regret it?
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
April 04, 2024, 07:10:24 AM
#61
I still regret thinking about that day not long ago when Bitcoin was $24k. I had $800 worth of bitcoins and when Bitcoin hit $45K, out of necessity I sold $700. Fortunately, there were $100 worth of bitcoins left which is around $500 at this time. Now, every time I look at my wallet I feel sorry for my sold BTCs and I wish I had them too.

Overall, it's all about patience and having enough belief and also having enough funds in hand so that you don't need to sell your Bitcoin when you face an emergency like me. If none of this is the case, I would always advise people not to sell their BTC unnecessarily because Bitcoin is going to go up a lot, and we are just getting started, bull run is yet to come.
sr. member
Activity: 714
Merit: 347
April 04, 2024, 05:19:47 AM
#60
Was it trading that gave you that huge profit with $100,then you must be a genius. I don't understand how you got such profit, because you said that you were trading and hodling at the same time. That is wonderful to se how much profit your strategy gave you.

I prefer hodling than trading, because I am not a good trader, so I don't want to gamble with my bitcoin. However, every investor that took the opportunity to invest last year was would be in profit by now because the price of bitcoin have really surged high. If you continue hodli till next year you will make more profits compared to what your bitcoin have generated now. But if you continue trading, you might  lose all your funds.

Some people would rather trade than do anything else, and I don't think there's anything wrong with that because in life you will do things and not make money, but when someone else makes money, they will make more money than you could have imagined. Even though I'm not very good at trading, those who are and will make money from it will continue to do so. However, a lot of traders are clueless about what to do with their profits once they have reached a point where they can purchase bitcoin with them. They will trade with their profits until they lose both the money they have and the profit.

As someone who is highly intelligent and skilled at trading, you should also have a plan. Trading is not something you do every time you make money; in every instance where you make money, you will eventually lose money. I haven't personally experienced this, but I have heard of others who have, so it's also a good idea to purchase bitcoin with your profit and hold onto it for a while. If trading doesn't work out, at least you will still have hope that you have something to hold onto for the future.
hero member
Activity: 2520
Merit: 783
April 04, 2024, 05:19:26 AM
#59

Do any of you remember five months ago I started trading with just $100 and today I own $1130 and I respect Bitcoin a lot and it is slowly brightening my future and I have gained a lot of knowledge from Bitcoin in these five years and  With this I want to earn more money in my future and I want to say to all you all can buy bitcoin and hold it and you will have a very bright life in your future you are too bad my friend earned a lot of money in 5 months but today he lost a lot of money in 2 months  Because he got addicted to gambling and I buy and hold bitcoins and slowly trade to own $1130 today Bitcoin is really brightening my future.

We never get addicted to anything and try to do whatever we do with our talent then we will get success in no time.


I don't know how true your story is, but if you truly used $100 to make $1130 in trading between the few months you mentioned, I will say you are a good and experienced trader because trading is not that easy to make this kind of profit in such a short period of time unless you are a genius. Trading is really risky.
 
If you advise people to invest in Bitcoin, like buying and holding for a long period of time, instead of wasting the money on gambling, it really is a very good suggestion. It will be better to have those funds invested in bitcoin than just wasting it on gambling, but I will suggest that people should involve themselves in trading, especially if they are newbies, unless someone has enough knowledge about trading.

I can't call him good for that span since there are scenarios that some new trader can able to earn that due to luck. But if he can able to sustain to get profits and have good discipline on the trades he made and have good strategy applied on each trading decisions he drops then provably we can say that he's really good and absorbing all of those information's that can help him to become a good trader.

Also its generic advise to buy and hold but its hard to execute since there's a lot of temptation out there that can disturb the attention of people and can shift their decision towards their investment they made. But also at least they can read up some good suggestion so they can able to decide either to follow or ignore it. But at early stage of their career on bitcoin and other crypto they really need to experience first on how to trade so that they can learn a lot of things and that can help them to strengthen their beliefs that holding bitcoin is much better than spending it on other more riskier activities.
hero member
Activity: 1316
Merit: 561
Leading Crypto Sports Betting & Casino Platform
April 04, 2024, 05:08:45 AM
#58
Trading is a great way to make money. Traditional buy-and-hold investors are fine, but trading offers real possibility. Dynamic, especially with bitcoin.

Risk? An essential for success. The biggest triumphs and best agreements need calibrated risk. Character is built in trading. Buy-and-hold is sensible, but not for bitcoin. Understanding its innovative nature requires accepting volatility and realizing the potential for high rewards.

Trading and investing are financial techniques. Trading is where you learn the market and how to surf the waves. Not just money, but skill and talent. Nothing beats the excitement of conquering the bitcoin market. Keep studying, improving your techniques, and dont dismiss trading's recklessness. Bitcoin is the future, and adopters will benefit greatly.
hero member
Activity: 840
Merit: 570
April 04, 2024, 02:15:04 AM
#57

Do any of you remember five months ago I started trading with just $100 and today I own $1130 and I respect Bitcoin a lot and it is slowly brightening my future and I have gained a lot of knowledge from Bitcoin in these five years and  With this I want to earn more money in my future and I want to say to all you all can buy bitcoin and hold it and you will have a very bright life in your future you are too bad my friend earned a lot of money in 5 months but today he lost a lot of money in 2 months  Because he got addicted to gambling and I buy and hold bitcoins and slowly trade to own $1130 today Bitcoin is really brightening my future.

We never get addicted to anything and try to do whatever we do with our talent then we will get success in no time.


I don't know how true your story is, but if you truly used $100 to make $1130 in trading between the few months you mentioned, I will say you are a good and experienced trader because trading is not that easy to make this kind of profit in such a short period of time unless you are a genius. Trading is really risky.
 
If you advise people to invest in Bitcoin, like buying and holding for a long period of time, instead of wasting the money on gambling, it really is a very good suggestion. It will be better to have those funds invested in bitcoin than just wasting it on gambling, but I will suggest that people should involve themselves in trading, especially if they are newbies, unless someone has enough knowledge about trading. 
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
April 03, 2024, 06:25:05 PM
#56
The truth about gambling is that when you do it, consider the money gone. Just be realistic that there’s every tendency you’ll never get the money. I don’t see why he switched to gambling if the 5 months were really good for him. All he had to do was to just continue with whatever pattern that was making him money. Gambling is best done if you have a stable income source and you have control on how often you do it.
sr. member
Activity: 364
Merit: 195
Buy on Amazon with Crypto
April 03, 2024, 06:03:40 PM
#55
My opinion is Bitcoin hasn't made a real ATH yet, I'm waiting for a higher breakout, that's not a thing yet
I don't know what your target is but Bitcoin definitely made its new ATH and reached an all time high but that was in the first quarter of 2024. We would expect another all-time high for Bitcoin after the Bitcoin Halving. If this all-time high is not your hope, you wait and hold on to your investment. You will succeed in the next Bitcoin bull market and your hopes will be fulfilled. If you have invested then hold your investment and if necessary increase the investment using DCA method to increase the investment hope you will be successful.
hero member
Activity: 700
Merit: 577
Hire Bitcointalk Camp. Manager @ r7promotions.com
April 03, 2024, 05:59:13 PM
#54
It is good to hear that you are making profit in the bitcoin investment. Don't give you ND continue the journey. This is the sweet time in the investment period there will a time that the market will also enter the Bear market and at that time, things will not like this again and that is the challenging time and the best time to refund and refill your wallet if  you have money.

I don't.know which of the plan you following. Is it long term investment or short term investment and if it is long then you don't have to be excited and be creating thread foe people for k ow that you investing in bitcoin because you still have a long way to go.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
April 03, 2024, 05:42:20 PM
#53
I can't understand, 5 months ago you've posted and then you're saying that you've been into Bitcoin for 5 years? And with all the words, you keep on saying about "addicted". You probably are a heavy gambler and you're now transitioning into Bitcoin investing which is better on your situation. Well, I commend you if you've gained from investing in Bitcoin because not many gets into it and they try to look only at it as short term. If you're trying to trade Bitcoin, be careful because it's better to accumulate and hold than to trade.
the same is the advice I give people who is new into cryptocurrency and who is also new into bitcoin trading and the Bitcoin investment instead of you to join trading that you don't know the rudiment of it it is better for the person to accumulate it Bitcoin because holding a bitcoin for long time will it be better for you as a beginner than for you to join a trading that you don't know the procedures of trading, holding of a coin especially bitcoin for long time you will be more advantageous than trading because there's every possibility that on the process of holding your BTC the price might increase due to the current demand and you make profit towards that time that is why it is good for someone to accumulate Bitcoin hold it for long time.
What I have noticed with most beginners nowadays, they're too adventurous. We are advising them the chill method of getting into Bitcoin and that's through buying and holding. But because of the various traders and investors success being shared on social medias, they want to be on the same success as them and that's why they're going on with a lot of memecoins instead of going traditional and safe method of investing with the approach that we're suggesting to them.

I can't understand, 5 months ago you've posted and then you're saying that you've been into Bitcoin for 5 years? And with all the words, you keep on saying about "addicted". You probably are a heavy gambler and you're now transitioning into Bitcoin investing which is better on your situation. Well, I commend you if you've gained from investing in Bitcoin because not many gets into it and they try to look only at it as short term. If you're trying to trade Bitcoin, be careful because it's better to accumulate and hold than to trade.
I think it's his friend that's addicted to gambling and they've both started in bitcoin at the same time, I think that's what I'm getting at in this post. If OP was able to make a decent profit out of the 100 USD that he has started off of, I think that OP is already careful about his investment, that kind of profit doesn't really scream recklessness so carelessness is definitely out of OP's mind and to you OP, I hope you're going to get more profit in the near future, no big losses may come to you and hopefully you'll enjoy your trading journey with even more profits.
Yeah, any amount of gain is a sound investment for him and he just need to be consistent. We all want everybody to profit on investing in Bitcoin but we're also giving advises on how careful they should be and just like me, I am not a good English speaker and that's not my first language and a storyteller but sometimes, some confusing words that are in the story really gets me. Anyway, as we all understand everything that's been said, it's all about the same strategies that we do for Bitcoin.
hero member
Activity: 2268
Merit: 588
You own the pen
April 03, 2024, 04:22:48 PM
#52
There's no doubt that people who trust bitcoins and bought them when the price was under $20k are now celebrating and also they are regretting not buying as much as they can when the price was lower. Right now those who didn't believe at all and even support those who claimed that bitcoins are done for, are even more suffering from regret because they took the wrong path instead of taking the risk of buying it while the price was affordable to them. But all those kinds of people are not too late, they can still move forward and take the risk right now or they might gonna find themselves regretting because they didn't buy when they can still afford to buy.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
April 03, 2024, 03:23:02 PM
#51
I can't understand, 5 months ago you've posted and then you're saying that you've been into Bitcoin for 5 years? And with all the words, you keep on saying about "addicted". You probably are a heavy gambler and you're now transitioning into Bitcoin investing which is better on your situation. Well, I commend you if you've gained from investing in Bitcoin because not many gets into it and they try to look only at it as short term. If you're trying to trade Bitcoin, be careful because it's better to accumulate and hold than to trade.
I think it's his friend that's addicted to gambling and they've both started in bitcoin at the same time, I think that's what I'm getting at in this post. If OP was able to make a decent profit out of the 100 USD that he has started off of, I think that OP is already careful about his investment, that kind of profit doesn't really scream recklessness so carelessness is definitely out of OP's mind and to you OP, I hope you're going to get more profit in the near future, no big losses may come to you and hopefully you'll enjoy your trading journey with even more profits.
Ok. Even if the OP stops real gambling and still doesn't have the actual knowledge about cryptocurrency investment he/she technically is still gambling.
Having said that, in this current market we're in a $100 investment in Bitcoin and will barely make a good profit unless the OP is doing the investment simultaneously using the DCA investment method
hero member
Activity: 1470
Merit: 502
April 03, 2024, 02:54:51 PM
#50
You trade and get some profit there but it doesn't change my view on trading in the end.
Although in this case you should be applauded for being able to make a profit from the trading you do but the fact is that this cannot be done all the time and makes trading remain one of the riskier strategies compared to investing so such a view does not change forever because it still applies where investing is much better than trading.

You are currently profitable and you should try a more interesting situation than just continuing to trade although it is ultimately up to your own decision because you may already know the risks of trading but if possible the advice about investing over trading is worth considering.

In addition, what you said by trading does not match the thread title you gave because it does not make sense where the concept of buy and hold is more suitable for investment not trading.
For me, trading or investing are both ways to make money in this market and each person will choose their own method of making money. I agree that holding is safer and easier but that doesn't mean we should stay away from trading altogether. Just because we can't make money trading, it doesn't mean others can't. In this case, if OP is capable and can make money from trading then there is no reason for him to stop. But when the amount has become larger, he should diversify instead of focusing entirely on trading as that will be quite risky.
It is undeniable that trading and investing is one of the ways to make money and everyone must realise that it only depends on our alertness in doing research and knowing risk management well.

In addition, there is also no prohibition on anyone whether it is to invest or trade they are free to do so as long as they know that they can be there but in this case my emphasis on trading is a situation where the risk is much greater.

If you really want to be there then that's fine but we also need to just remind that when beginners to be in trading without really qualified knowledge then it is tantamount to suicide so there needs to be another consideration when there is a beginner and make trading as one of the paths they will choose unless they want to learn hard about what is related to trading.
jr. member
Activity: 91
Merit: 4
Hello BTC Talk Family
April 03, 2024, 03:14:37 AM
#49
My opinion is Bitcoin hasn't made a real ATH yet, I'm waiting for a higher breakout, that's not a thing yet

sr. member
Activity: 1610
Merit: 301
*STOP NOWHERE*
April 03, 2024, 03:11:01 AM
#48
You trade and get some profit there but it doesn't change my view on trading in the end.
Although in this case you should be applauded for being able to make a profit from the trading you do but the fact is that this cannot be done all the time and makes trading remain one of the riskier strategies compared to investing so such a view does not change forever because it still applies where investing is much better than trading.

You are currently profitable and you should try a more interesting situation than just continuing to trade although it is ultimately up to your own decision because you may already know the risks of trading but if possible the advice about investing over trading is worth considering.

In addition, what you said by trading does not match the thread title you gave because it does not make sense where the concept of buy and hold is more suitable for investment not trading.
For me, trading or investing are both ways to make money in this market and each person will choose their own method of making money. I agree that holding is safer and easier but that doesn't mean we should stay away from trading altogether. Just because we can't make money trading, it doesn't mean others can't. In this case, if OP is capable and can make money from trading then there is no reason for him to stop. But when the amount has become larger, he should diversify instead of focusing entirely on trading as that will be quite risky.
sr. member
Activity: 2618
Merit: 439
April 03, 2024, 01:38:52 AM
#47
https://bitcointalksearch.org/topic/m.62890863

👆👆
Do any of you remember five months ago I started trading with just $100 and today I own $1130 and I respect Bitcoin a lot and it is slowly brightening my future and I have gained a lot of knowledge from Bitcoin in these five years and  With this I want to earn more money in my future and I want to say to all you all can buy bitcoin and hold it and you will have a very bright life in your future you are too bad my friend earned a lot of money in 5 months but today he lost a lot of money in 2 months  Because he got addicted to gambling and I buy and hold bitcoins and slowly trade to own $1130 today Bitcoin is really brightening my future.
congratulations mate , that is a good increase for 5 months  means you have earned more than 1000 dollars but sadly you did not add more capital to top it up so you might earn more on that for sure.


Quote
We never get addicted to anything and try to do whatever we do with our talent then we will get success in no time.💪

as long as we are dealing that addiction in terms of trading then you are in good place but if this is to gamble then that is different traits .
hero member
Activity: 3150
Merit: 937
April 03, 2024, 01:10:13 AM
#46
https://bitcointalksearch.org/topic/m.62890863

👆👆
Do any of you remember five months ago I started trading with just $100 and today I own $1130 and I respect Bitcoin a lot and it is slowly brightening my future and I have gained a lot of knowledge from Bitcoin in these five years and  With this I want to earn more money in my future and I want to say to all you all can buy bitcoin and hold it and you will have a very bright life in your future you are too bad my friend earned a lot of money in 5 months but today he lost a lot of money in 2 months  Because he got addicted to gambling and I buy and hold bitcoins and slowly trade to own $1130 today Bitcoin is really brightening my future.


We never get addicted to anything and try to do whatever we do with our talent then we will get success in no time.💪


Congrats on your earnings. So you have increased your capital more than tenfold , but the Bitcoin price had increased from 15K to 70K USD in the last 2 years(which is less than tenfold). I guess that you are actively trading altcoins or maybe you are doing something else.
You can't turn 100 USD into 1130 USD just by buying and HODLing BTC in the last 5 months. It's sad how some people fall victims to their own greed, right after they have made a decent amount of money. Some people think that a good day trader can be a good gambler as well. The people shouldn't gamble with money they cannot afford to lose. Anyway, 1130 USD doesn't seem like a big amount, but I guess that you live in a country where 1130 USD is a decent amount of money. I hope that you will manage to multiply those 1130 into 10K USD. Grin
Pages:
Jump to: