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Topic: Bitcoin Investors Confidence in Bitcoin💪 (Read 1562 times)

full member
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January 06, 2024, 11:16:07 PM
Since we crossed to a good season in 2024 that made many investors to believe that this year will be more better than the previous years base on what is happening in the crypto market and the price of BTC has increased again to $44k. I know that those that use last year January to buy BTC in a lower rate will surely achieve a huge amount of money from their investment this year because, the price has moved to some stage that even though they sell at this point they will make profits.

But those that will hodl for the price to reach $80k will be the ones that will really enjoy their investment because, the experts has confirmed it that there will be massive bull run in this 2024.
sr. member
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then don't count them to be a investors , if you are prioritizing expenses in daily use or you have no funds to let it sit in crypto then that is different angle to what he is promoting and believing .
like us or me , I invest part of my monthly wages meaning i can carry to lose them and need not to be worry of the next coming days .
We really need to differentiate between investors and daily traders who are overall not ready to bear losses through their own investments. Because most people who are ready enough to become investors will not be affected by the slight losses they experience through price corrections in the market. Meanwhile, traders will always panic when they see price corrections because they are only chasing daily profits which is their own target at all times.

There are difference, those daily traders are speculators to me, they just go day to day wanting to see volatility and then they take advantage of it and make money. As for investors like the majority of us, same with traders, when the price goes down, we buy more but we don't sell short term. We waited for the right time and be a long term HODLer and then we try tor time the market before we sell.

But in any case, confidence is very high, regardless if the Spot ETF is going to be deny again this January or approved. We still have that most important activity that we waited every 4 years and that is the bitcoin halving. Last time we had, we are in a lockdown, but now it seems that it's over and we are back to normal.
Come in mind that we dont have those ETF's and other regulatory stuffs in the past but still we do able to hover out ourselves on going into those peak prices without those things on which means that
neither they do have that approval or not, the market cant really be just that depending on it. We would really be moving according into the confidence and trust of the community or simply on talking about the demand.Confidence is there and it is really that evident if we are really just that simply seeing on how far we do able to reach out on which this one really indicates that Bitcoin or this crypto space
is really that having that huge demand and recognition on which this is really something that we are really that seeing into this field on which it would really be just that normal to have.
hero member
Activity: 2842
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then don't count them to be a investors , if you are prioritizing expenses in daily use or you have no funds to let it sit in crypto then that is different angle to what he is promoting and believing .
like us or me , I invest part of my monthly wages meaning i can carry to lose them and need not to be worry of the next coming days .
We really need to differentiate between investors and daily traders who are overall not ready to bear losses through their own investments. Because most people who are ready enough to become investors will not be affected by the slight losses they experience through price corrections in the market. Meanwhile, traders will always panic when they see price corrections because they are only chasing daily profits which is their own target at all times.

There are difference, those daily traders are speculators to me, they just go day to day wanting to see volatility and then they take advantage of it and make money. As for investors like the majority of us, same with traders, when the price goes down, we buy more but we don't sell short term. We waited for the right time and be a long term HODLer and then we try tor time the market before we sell.

But in any case, confidence is very high, regardless if the Spot ETF is going to be deny again this January or approved. We still have that most important activity that we waited every 4 years and that is the bitcoin halving. Last time we had, we are in a lockdown, but now it seems that it's over and we are back to normal.
legendary
Activity: 2744
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-snip-
This time we expect $1 target as Bitcoin previously reached $69,000. However, crypto analysts believe that Bitcoin will break the $100000 target in the upcoming halving and create new ATH.
$100k++ ATH is a common speculation nowadays, and I'm also targeting that ATH.
It's only a matter of time and we as Bitcoin holders need to be able to survive all kinds of obstacles that occur, as in some corrections that occurred some time ago.

Doing DCA or buying gradually when you have a reserve of funds is the best way to do it instead of having to panic because of the decline in the price of Bitcoin.
Those who have already done DCA from below $20k will not be affected by just this slight drop.
Just need to see how Bitcoin moves and becomes Diamond Hand until the new ATH target is reached.
hero member
Activity: 2730
Merit: 632
You just need to have that mentality to buy, DCA as others suggested and resists to sell. Only offload if necessary and that is the rule, at least for me. Personal experience is that once you get over that mentality, that hard and grind, it will be easy and smooth as we approach the block halving and then looking for a new all time high.
I think the mentality of cryptocurrency users and investors is unquestionable to start investing at the best price point, they have planned to increase investment at the correction price and they will sell bitcoin at the highest price target even they are waiting for the market recovery after a few years until the ATH target is reached.

However, only the beginner's mentality should be doubted because they do not have market analysis and they are not ready to hold bitcoin assets for several years, they will definitely not get a profit of more than 20% because they will take profit from every market increase but they always regret it because they were not patient. looking forward to 100% profit during the bull market.
It's our experience that makes us mentally better, because I'm sure most people who are new to this will also have some level of hesitation when they first invest here. But over time and with a lot of experience about the market it makes us realize and put more trust in bitcoin.
Now we must be more relaxed when we see market turbulence, not like in the past when we saw the market turn red we were very panicked, and when we saw the portfolio showing profits, we wanted to sell quickly. Apart from that, it was a very valuable experience.
No one starts on being a pro and this is why it would really be just that normal that when our first time encounter and this is why we do really ends up on having those kind of assumptions and reactions basing up on the market on which it is really just that a typical reaction because of lacking experience and knowledge. On the  time that we are already that gaining up experience then this is the time we would really be making ourselves that making those kind of actions on which it would getting in line on what are the things that we must do in order for us to deal with this investment on which it isnt really just that limited to
Bitcoin but in overall crypto investment.

You would be able to build up trust and confidence on the time that you would be able to have  that experience on which you wont really be that making yourself that impulsive anymore
on the time that you would be encountering these kind of crashes and dips on which you wont really  that easily freak out on the time that you
would be able to encounter or experience it.
When it comes to confidence then it would really be entirely that actively be shifting because people would really be that highly be impulsive on the time that they would be seeing neither green or red candle sticks on the chart. If you are really just that simply a trader and doesnt really mind about being a holder then you would really be just basically be playing with those price movements.Whereas if you are a holder then you would really be just basically be holding it for long term because you do have that confidence into it on which not all people would be sharing up on the same idea and sentiment on which it would really be that just that depending
into someones targets and goals towards their holdings. If you do really find yourself on such condition on which you are really that having doubts into it then it would be your choice.
Its true that people would easily freak out and panic whenever they do see those crashes same as you said. It is really just that normal but there are ones who
cant really be able to resist such reaction and made out immediate methods that they could do so.
sr. member
Activity: 980
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Hopefully during the Bitcoin Halving of 2024, Bitcoin will break all previous records and reach a peak price.

 What is your opinion on this?

From the beginning of Bitcoin till now the fact that we have noticed Bitcoin crosses a new ATH after a certain period of time especially when Bitcoin reaches the halving moment. During the Bitcoin halving, the mining reward for miners is halved and the price of Bitcoin increases significantly. We are fast approaching another halving moment and we hope that Bitcoin will be able to create another ATH, breaking all previous records once again. This time we expect $1 target as Bitcoin previously reached $69,000. However, crypto analysts believe that Bitcoin will break the $100000 target in the upcoming halving and create new ATH.
full member
Activity: 2170
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“FRX: Ferocious Alpha”
then don't count them to be a investors , if you are prioritizing expenses in daily use or you have no funds to let it sit in crypto then that is different angle to what he is promoting and believing .
like us or me , I invest part of my monthly wages meaning i can carry to lose them and need not to be worry of the next coming days .
We really need to differentiate between investors and daily traders who are overall not ready to bear losses through their own investments. Because most people who are ready enough to become investors will not be affected by the slight losses they experience through price corrections in the market. Meanwhile, traders will always panic when they see price corrections because they are only chasing daily profits which is their own target at all times.
As HODLER i can just keep my eye close when there is a Bear as I am ready to face whatever happens because I
trust Bitcoin more than i trust any of my investments.
Losing is part of every investment but also we can prevent this from coming if we knew how to deal with it ,
try not to panic and stop checking the market from time to time.
hero member
Activity: 2338
Merit: 737
December 22, 2023, 05:10:23 AM
then don't count them to be a investors , if you are prioritizing expenses in daily use or you have no funds to let it sit in crypto then that is different angle to what he is promoting and believing .
like us or me , I invest part of my monthly wages meaning i can carry to lose them and need not to be worry of the next coming days .
We really need to differentiate between investors and daily traders who are overall not ready to bear losses through their own investments. Because most people who are ready enough to become investors will not be affected by the slight losses they experience through price corrections in the market. Meanwhile, traders will always panic when they see price corrections because they are only chasing daily profits which is their own target at all times.
full member
Activity: 476
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December 22, 2023, 03:37:00 AM
Hello everyone
 
In 2018, when I heard about Bitcoin from an elder brother in the area, I became addicted to Bitcoin. Since then, I started learning about Bitcoin from that elder brother and got the opportunity to learn more details from the forum by logging into Bitcoitalk with his ID.  .
 And in view of this in 2020 I invest some of my savings in Bitcoin.
 From teaching, when Bitcoin broke past record highs at the end of 2021, I had the opportunity to make a good profit from my invested Bitcoins, but my strong belief in Bitcoins prevented me from selling Bitcoins, after which the price of Bitcoins began to decline.  Then different people tried to discourage me in different ways but it is from this forum that predictions about Bitcoin and my confidence in Bitcoin still make me come.

 Hopefully during the Bitcoin Halving of 2024, Bitcoin will break all previous records and reach a peak price.

 What is your opinion on this?



Bitcoin is moving towards higher levels very quickly with its own momentum. Looking ahead to the halving in 2020, you can definitely see that everyone's Bitcoin price has gone up. So in 2024 Bitcoin Harding and Bitcoin price will increase at least two to three times from the past price. Because there are many experts who are very experienced about Bitcoin, they estimate that Bitcoin will definitely continue to hit one hundred thousand dollars very likely.
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Activity: 2240
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December 22, 2023, 01:15:36 AM
That is a good testimony, for gotten a confidence from this Bitcointalk to hold your Bitcoin for the right time to come before you sold to make huge amount of income from the market, which it will still give you more confident to buy when ever the bearish market is on again. Hope you will never forget that your elder brother that introduced you to Bitcoin in your society, because he has done a great thing to you that you will live to remember him and to continue appreciating him for the good impact. I believe, you are still holding the coins your bought few months ago because the bullish market is very near for long term and short term investors to achieve passive income from their investment.
full member
Activity: 2170
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“FRX: Ferocious Alpha”
December 22, 2023, 12:56:03 AM
Well the confidence of bitcoin investor is top notch  Grin because bitcoin gives surety to the bitcoin lovers and the investors. We all are aware with the price trendency of bitcoin and the market analysis gives us confidence to invest without thinking extra. Because it's give proves a lot if time. That proves gives high level confidence to the investor of bitcoin. The confidence come from the price analysis of the bitcoin.

Being the prime mover and then showing how good the price will be in the future, making huge profits, it's easy to say that investors are going to be happy with it and so their confidence is very high. I mean in the last 5 years, the growth of bitcoin is tremendous.

And we hear stories that there are investors who become so rich because they have stash a lot and then sell at the right time. With that, some of us trying to replicate that. The formula is very easy, buy low, during the bear market, and be a long term holder and then sell during the bull run to maximize your profit and then rinse and repeat that formula.

but it's not that easy, it doesn't take long. I think everyone knows that they have to save money and invest it if they want to become rich. but does everyone want to?
not everyone because they sometimes want to buy something and can't resist the urge to buy it.
then don't count them to be a investors , if you are prioritizing expenses in daily use or you have no funds to let it sit in crypto then that is different angle to what he is promoting and believing .
like us or me , I invest part of my monthly wages meaning i can carry to lose them and need not to be worry of the next coming days .
sr. member
Activity: 1680
Merit: 288
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December 20, 2023, 05:58:52 PM
OP, in as much as we hope for a bull run, I don’t think that we will hit a new ATH during the Bitcoin Halving. I am rather thinking it could be later next year or maybe 2025. But just hodl your investment. What you saw in 2021 is just a little of what Bitcoin can be. So, just hold on and you will get even more than you’d have gotten if you cashed out your profits back then.

Hopefully during the Bitcoin Halving of 2024, Bitcoin will break all previous records and reach a peak price.

 What is your opinion on this?

Past performance is not indicative of future results. While I hope you're right, don't bet on specific timeframes that your coins are going to rise in price. Just thing long term, and that's it.

Thank you for saying this. Hopefully I can reference this when further talking to people about the halving. Lol.
sr. member
Activity: 1092
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December 20, 2023, 01:25:14 PM
We think that the most believers in bitcoin are waiting for the ideal opportunity to continue buying bitcoin, it is more right now if the bticon goes down the more they will not waste the opportunity, they are doing everything possible to always do it better, in the next Halving we will all know from our own experience What happened last halving was that I was able to have a great reputation, and that is something everyone hopes to continue having more bitcoin.

Now that things are this way, as good investors and believers in Bitcoin, we have to save as much as possible, the price passes quickly and let's see that Everything about the halving is ready and it is a unique opportunity that You have to do things well, those who don't have bitcoin can now, well, it's their opportunity, the best of all is that there is still a lot of chance, so why not do it now? If you have everything to do it , then when they see the very high price, that's when the Majority decide to buy.
legendary
Activity: 2128
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December 20, 2023, 10:01:42 AM
Hopefully during the Bitcoin Halving of 2024, Bitcoin will break all previous records and reach a peak price.
Everyone hopes so....!

Halving has happened several times to Bitcoin, but from the experience I have seen, this Halving is different, whether in terms of price, crypto market and so on.

There are a series of predictions and speculation that we see in various sources, but on the contrary, many experts and investors complain about analyzing and speculating on Bitcoin, whether there is a war factor, the economy or indeed people are constrained in terms of money, but everyone hopes for the best for digital currency in the future.

Everyone's hope is that this Halving will bring drastic changes for Bitcoin and also for investors and so on.
sr. member
Activity: 2604
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Vave.com - Crypto Casino
December 20, 2023, 04:27:21 AM
You just need to have that mentality to buy, DCA as others suggested and resists to sell. Only offload if necessary and that is the rule, at least for me. Personal experience is that once you get over that mentality, that hard and grind, it will be easy and smooth as we approach the block halving and then looking for a new all time high.
I think the mentality of cryptocurrency users and investors is unquestionable to start investing at the best price point, they have planned to increase investment at the correction price and they will sell bitcoin at the highest price target even they are waiting for the market recovery after a few years until the ATH target is reached.

However, only the beginner's mentality should be doubted because they do not have market analysis and they are not ready to hold bitcoin assets for several years, they will definitely not get a profit of more than 20% because they will take profit from every market increase but they always regret it because they were not patient. looking forward to 100% profit during the bull market.
It's our experience that makes us mentally better, because I'm sure most people who are new to this will also have some level of hesitation when they first invest here. But over time and with a lot of experience about the market it makes us realize and put more trust in bitcoin.
Now we must be more relaxed when we see market turbulence, not like in the past when we saw the market turn red we were very panicked, and when we saw the portfolio showing profits, we wanted to sell quickly. Apart from that, it was a very valuable experience.
No one starts on being a pro and this is why it would really be just that normal that when our first time encounter and this is why we do really ends up on having those kind of assumptions and reactions basing up on the market on which it is really just that a typical reaction because of lacking experience and knowledge. On the  time that we are already that gaining up experience then this is the time we would really be making ourselves that making those kind of actions on which it would getting in line on what are the things that we must do in order for us to deal with this investment on which it isnt really just that limited to
Bitcoin but in overall crypto investment.

You would be able to build up trust and confidence on the time that you would be able to have  that experience on which you wont really be that making yourself that impulsive anymore
on the time that you would be encountering these kind of crashes and dips on which you wont really  that easily freak out on the time that you
would be able to encounter or experience it.
hero member
Activity: 2338
Merit: 737
December 16, 2023, 11:11:36 AM
It's our experience that makes us mentally better, because I'm sure most people who are new to this will also have some level of hesitation when they first invest here. But over time and with a lot of experience about the market it makes us realize and put more trust in bitcoin.
This is a very common occurrence for most people because past experiences can provide special lessons for each person in certain matters or in any case. This includes investing in Bitcoin, which basically needs to be known well and carried out with full confidence after knowing all about Bitcoin and the market. So it's natural that beginners have doubts for the first time when investing in Bitcoin.

Quote
Now we must be more relaxed when we see market turbulence, not like in the past when we saw the market turn red we were very panicked, and when we saw the portfolio showing profits, we wanted to sell quickly. Apart from that, it was a very valuable experience.
Panic and feeling like selling when we see profits in our own portfolio are also quite common things for everyone because basically all humans always like a quick profit system and don't want to wait too long and are also very afraid of losses. So that's what we have to let go of ourselves slowly so that we can find a feeling of comfort when investing in Bitcoin.
hero member
Activity: 2688
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December 16, 2023, 07:55:54 AM
And we hear stories that there are investors who become so rich because they have stash a lot and then sell at the right time. With that, some of us trying to replicate that.
We wish, but it's barely possible anymore because the percentage of the growth keeps reducing as the price goes higher, which means that the overall growth of this decade will not be able to match the growth level of the previous decade because the price was low at the beginning of the decade and by the end of it, it skyrocketed, not mentioning the ups and downs within that journey. So, though we wish we could be like the ones that we hear stories about, it doesn't sound possible and even if it is, it's going to take way longer than what it took for them.

That being said, Bitcoin is undoubtedly the best cryptocurrency that has ever existed or might ever exist, we can't see or know the future but we can see the present and what is happening in it, and based on that, Bitcoin is the best innovation in the whole world and I believe anyone who knows about it would admit that.
hero member
Activity: 1064
Merit: 589
December 16, 2023, 02:20:36 AM
You just need to have that mentality to buy, DCA as others suggested and resists to sell. Only offload if necessary and that is the rule, at least for me. Personal experience is that once you get over that mentality, that hard and grind, it will be easy and smooth as we approach the block halving and then looking for a new all time high.
I think the mentality of cryptocurrency users and investors is unquestionable to start investing at the best price point, they have planned to increase investment at the correction price and they will sell bitcoin at the highest price target even they are waiting for the market recovery after a few years until the ATH target is reached.

However, only the beginner's mentality should be doubted because they do not have market analysis and they are not ready to hold bitcoin assets for several years, they will definitely not get a profit of more than 20% because they will take profit from every market increase but they always regret it because they were not patient. looking forward to 100% profit during the bull market.
It's our experience that makes us mentally better, because I'm sure most people who are new to this will also have some level of hesitation when they first invest here. But over time and with a lot of experience about the market it makes us realize and put more trust in bitcoin.
Now we must be more relaxed when we see market turbulence, not like in the past when we saw the market turn red we were very panicked, and when we saw the portfolio showing profits, we wanted to sell quickly. Apart from that, it was a very valuable experience.
legendary
Activity: 2744
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December 15, 2023, 10:33:39 PM
-snip-
This is still reasonable as the start of their investment for the beginning, but when they have been investing in bitcoin for a long time, they will often understand how about market analysis, the right way when buying bitcoin or already know about the DCA method which is a fairly relevant way, of course they will find a way to survive with bitcoin later.
Even though they have been investing in Bitcoin for a long time, there will be no guarantee they can understand and know how to invest or trade properly.
This will be related to everyone's knowledge and efforts to be able to master the science of trading and investment.

The DCA method is already quite common, but some beginners also do not know what is done with DCA,
this must also include good management so that DCA can accumulate assets that have been held.

The bull market is certain!, I think after the Halving it will be a surprise where the price becomes a record again.
The upcoming halving will certainly be a surprise that many people will be waiting for.
I'm already more excited to welcome next year's halving.

But we also need to be prepared for some corrections that occur as they are happening right now.
Waiting for a new ATH would be nice if you already have a lot of assets on hold, especially Bitcoin.
hero member
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December 15, 2023, 06:47:38 PM
You just need to have that mentality to buy, DCA as others suggested and resists to sell. Only offload if necessary and that is the rule, at least for me. Personal experience is that once you get over that mentality, that hard and grind, it will be easy and smooth as we approach the block halving and then looking for a new all time high.
I think the mentality of cryptocurrency users and investors is unquestionable to start investing at the best price point, they have planned to increase investment at the correction price and they will sell bitcoin at the highest price target even they are waiting for the market recovery after a few years until the ATH target is reached.

However, only the beginner's mentality should be doubted because they do not have market analysis and they are not ready to hold bitcoin assets for several years, they will definitely not get a profit of more than 20% because they will take profit from every market increase but they always regret it because they were not patient. looking forward to 100% profit during the bull market.
exactly the mentality of someone that don't have confidence in the market as you described, just trying to take profit when their investment increase a little, this is also the exact reason why they lose a lot, because such thing is not viable way to get profit when there occur some even the slightest market correction they will think things going out of their way as planned and proceed to make shitty decision to cut loss meanwhile for the one that holds bitcoin for long term we all know such correction just nuisance it will recover in no time and the market will get better again.
regardless though im personally so confident in the current market these days, mainly because we are still so far from all time high I think eventually we will hit all time high and our DCA and accumulation will turn really advantageous for us that have so much faith in our investment towards bitcoin.
I will still trying to accumulate more and more until half of all time high is reached I guess then I will just wait it out, seemed to be the most logical strat there is.
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