Bitcoin Investors Confidence in Bitcoin💪 - page 7.

michellee

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Quote from: Ricardo11 on July 25, 2023, 03:56:16 AM

A true Bitcoin investor, does not give up Bitcoin just because of the words of others. Because they know about the success of Bitcoin. And they know that a long-term investment in Bitcoin will never disappoint them. Because long-term investment in Bitcoin guarantees extra profits. This greatly increases the confidence level of a Bitcoin investor. And they never want to give up Bitcoin.

Especially after they saw a very high increase in the Bitcoin price twice, where at that time, many people managed to get very big profits, making them want to own more Bitcoins, especially while the downturns were still in the market, they will still buy Bitcoin at low prices and hold it back like they did in the past.

And as Bitcoin investors, that's what we have to do so we can own more Bitcoin. And when the Bitcoin price rises to reach more than the last ATH price, we can take our profits. And it seems the drop will still come after hitting his new ATH because that's how it was in the previous 2 ATHs. I hope you can buy more Bitcoin with the profits you've got.

So now is a good time to keep accumulating Bitcoin as the price drops below $30k again. And even though the price is back above $30k but not yet $40k, you can keep buying Bitcoins until you decide when you stop and wait for the price to go up high.

Dave1

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Quote from: Ricardo11 on July 25, 2023, 03:56:16 AM

A true Bitcoin investor, does not give up Bitcoin just because of the words of others. Because they know about the success of Bitcoin. And they know that a long-term investment in Bitcoin will never disappoint them. Because long-term investment in Bitcoin guarantees extra profits. This greatly increases the confidence level of a Bitcoin investor. And they never want to give up Bitcoin.

Of course, and that's what we love about bitcoin, it might be very hard to see the price going down in a bear market, but once the bull run arrives, we are going to be happy as we can see our portfolio growing and maybe many of us here will become millionaires in 2024-2025.

But the hard part is that how we accumulate, it is during the bear market when the price goes on a spiral. And so we need to take advantage of that kind of down turn and don't be afraid of it. Instead we should take it as a opportunity to save and accumulate more bitcoin and then wait for the next bull run to occur.

Ricardo11

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A true Bitcoin investor, does not give up Bitcoin just because of the words of others. Because they know about the success of Bitcoin. And they know that a long-term investment in Bitcoin will never disappoint them. Because long-term investment in Bitcoin guarantees extra profits. This greatly increases the confidence level of a Bitcoin investor. And they never want to give up Bitcoin.

JoyMarsha

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Interesting storyline that got merited by his elder brother's account that he used to login in 2018. That's fascinating.

I have a few questions for you. Were you able to post for your older brother while you were logged in with his forum ID, or did you just read the forum to learn more about bitcoin without asking your older brother to set up an account for you around 2018 after becoming interested in bitcoin through the forum? Would you like to explain to us how you have been accessing your "elder brother account ID" in 2018 without having the urge to make a post or create your account by then? Instead of waiting too long to create your account this year.

In any case, the only thing I can add to your story is that either you are the aforementioned elder brother claiming to be a different person entirely.

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Quote from: barisbilgili on July 05, 2023, 06:28:22 AM

Quote from: South Park on July 04, 2023, 06:33:26 PM

Quote from: imamusma on July 04, 2023, 12:09:14 PM

Quote from: bestcoins1 on July 03, 2023, 04:33:08 PM

Instead of having to take care of a number of things that may not always be easy for you, you should not put your money at risk, which means you only need to save money properly without using it in any trades and investments.

I don't think this is wise advice when you have the opportunity to multiply your wealth through investment.
It's only right that you have a smart mindset about how you make money with money instead of making money with effort. There is not too great a benefit when you keep fiat, maybe you can preserve wealth because there is not much risk, but fiat has lost a lot of value.

So I would be more inclined to encourage someone who is on a budget to invest than to encourage them to keep their fiat. Investments allow them to generate returns, but not necessarily risk free. They need to know how to minimize risk and they need to learn it.

Without a doubt investing in solid assets is a superior choice over keeping your money in fiat currencies, since we know that inflation is always diminishing your wealth, however just because someone has some money saved this does not mean they are really ready to become investors, as we know there are many people out there which bought bitcoin at a good price and despite this advantageous position they still lost money as they did not knew what they were doing.

Every investment certainly has a risk, but it's quite worth it compared to just keeping fiat money without changing anything, and for belief in an investment there must be prior knowledge and in Bitcoin I think there are very many people who believe in it because if you look at price movements from the past which is able to continue to improve and recover after a correction should be a reference for trust in this investment.
But everything comes back to itself, in my opinion the most important thing is knowledge of whatever investment will be made first.

Keeping or saving up your money in bank would really be just giving out 1-3% annual interest which its just that bullshit after a year of saving up.There are even people who do really consider out on
having time deposits on which it is something that recommendable on doing so. We know that inflation is something inevitable and this is why it would really be wise that you do really know on what you should gonna do with your funds and not really just sitting it idle on your bank account. This is why we do really have different investment options whether you would be touching up those traditional markets or investment or you would really be having plans on touching up crypto space but of course there's always accompanied risks to it, if you cant bare out such risks then this investment isnt for you.

barisbilgili

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Quote from: South Park on July 04, 2023, 06:33:26 PM

Quote from: imamusma on July 04, 2023, 12:09:14 PM

Quote from: bestcoins1 on July 03, 2023, 04:33:08 PM

Instead of having to take care of a number of things that may not always be easy for you, you should not put your money at risk, which means you only need to save money properly without using it in any trades and investments.

I don't think this is wise advice when you have the opportunity to multiply your wealth through investment.
It's only right that you have a smart mindset about how you make money with money instead of making money with effort. There is not too great a benefit when you keep fiat, maybe you can preserve wealth because there is not much risk, but fiat has lost a lot of value.

So I would be more inclined to encourage someone who is on a budget to invest than to encourage them to keep their fiat. Investments allow them to generate returns, but not necessarily risk free. They need to know how to minimize risk and they need to learn it.

Without a doubt investing in solid assets is a superior choice over keeping your money in fiat currencies, since we know that inflation is always diminishing your wealth, however just because someone has some money saved this does not mean they are really ready to become investors, as we know there are many people out there which bought bitcoin at a good price and despite this advantageous position they still lost money as they did not knew what they were doing.

Every investment certainly has a risk, but it's quite worth it compared to just keeping fiat money without changing anything, and for belief in an investment there must be prior knowledge and in Bitcoin I think there are very many people who believe in it because if you look at price movements from the past which is able to continue to improve and recover after a correction should be a reference for trust in this investment.
But everything comes back to itself, in my opinion the most important thing is knowledge of whatever investment will be made first.

tygeade

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Quote from: karabiber on July 04, 2023, 03:06:41 AM

I experienced the same situation with Ethereum in 2017. Since Eth is not run or managed by any central person or institution but rather by all distributed ledger owners, my love for eth has grown and i have officially become an Eth maximalist. I had been a fool not to sell the Eth i had accumulated prior to 2017 during the 2017 bull season and since then Eth has dropped almost 90% from the top. I have had times of stress but i have had a bitter experience that it is necessary to make a profit.

When we came to 2021, i was saying hello to a new bull season and i made profit sales with a large part of the Eth i did not sell. My biggest advantage from 2017 to 2021 was not to sell my coins. Being patient is the key this work. While i was making sales, i gave importance to sales gradually because after selling from the place that we thought was the peak, i experienced that the peak was actually farther from the place we thought. That's why i made incremental sales. If you have decided to make profit sales you should make gradual sales so that you do not regret it. Finally one of the biggest mistakes that can be made in the market is to establish emotional bonds with coins. Don't do this.

That's a true approach to ETH without a doubt. I know that it is not going to be easy decision but I personally feel like the best thing to do at this moment would be sticking with decentralized coins. If you invest into centralized ones then there is bound to be some troubles here and there and we can't avoid that.

But, if you invest into something that stays irrelevant to that topic then it could grow bigger. Look at btc and eth, they never had any issues with that problem, not saying that it makes sense but at the very least we are talking about a good chunk of profit to come and that's a good thing. I know that it will not be easy decision, but at least we could do something with it and that's going to be a growing popularity for sure.

South Park

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Quote from: imamusma on July 04, 2023, 12:09:14 PM

Quote from: bestcoins1 on July 03, 2023, 04:33:08 PM

Instead of having to take care of a number of things that may not always be easy for you, you should not put your money at risk, which means you only need to save money properly without using it in any trades and investments.

I don't think this is wise advice when you have the opportunity to multiply your wealth through investment.
It's only right that you have a smart mindset about how you make money with money instead of making money with effort. There is not too great a benefit when you keep fiat, maybe you can preserve wealth because there is not much risk, but fiat has lost a lot of value.

So I would be more inclined to encourage someone who is on a budget to invest than to encourage them to keep their fiat. Investments allow them to generate returns, but not necessarily risk free. They need to know how to minimize risk and they need to learn it.

Without a doubt investing in solid assets is a superior choice over keeping your money in fiat currencies, since we know that inflation is always diminishing your wealth, however just because someone has some money saved this does not mean they are really ready to become investors, as we know there are many people out there which bought bitcoin at a good price and despite this advantageous position they still lost money as they did not knew what they were doing.

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Quote from: RewFrew on July 04, 2023, 01:03:26 PM

Quote from: Trust M.C 100 on June 22, 2023, 10:09:51 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?

Dear mate i think you entered in crypto market at proper time. For giving information about cryptocurrency market your friend i want to give many many thanks. For your friends information you came here. When you know about BTC then Bitcoin price was very cheap. And from then after 3 years 2021 Bitcoin hit New ATH till now that ATH is still. If you were able to hold that bitcoin you could be huge profited there has no doubt. Now bitcoin price also so chief. If you buy now you will be profited i think. My thinking within 2024 Bitcoin will hit again new ATH. I think within 2024 bitcoin price will hit $100.

If you are really that mindful on being profitable then you could really make out some short trades or several months kind of sell on which on the time that you do see that you are already on gains then better sell out

and wait for another bear market on each cycle once again on which you could really be able to accumulate much more coins since everything would really be going down at that moment on which for those who do
really mind out on accumulate cheap then it would be the best behavior to have but for those who are really that tending to hold for very long time then prices or entry points wont really be that much of an issue.
As long there's confidence and trust of the community towards bitcoin then it would really be most likely that it would really be heading into new ATH's on upcoming years to come.
Although there would be no assurances when it comes to this but we have seen on how it did progress on the past 10+ years.

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Quote from: Trust M.C 100 on June 22, 2023, 10:09:51 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?

Dear mate i think you entered in crypto market at proper time. For giving information about cryptocurrency market your friend i want to give many many thanks. For your friends information you came here. When you know about BTC then Bitcoin price was very cheap. And from then after 3 years 2021 Bitcoin hit New ATH till now that ATH is still. If you were able to hold that bitcoin you could be huge profited there has no doubt. Now bitcoin price also so chief. If you buy now you will be profited i think. My thinking within 2024 Bitcoin will hit again new ATH. I think within 2024 bitcoin price will hit $100.

imamusma

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Quote from: bestcoins1 on July 03, 2023, 04:33:08 PM

Instead of having to take care of a number of things that may not always be easy for you, you should not put your money at risk, which means you only need to save money properly without using it in any trades and investments.

I don't think this is wise advice when you have the opportunity to multiply your wealth through investment.
It's only right that you have a smart mindset about how you make money with money instead of making money with effort. There is not too great a benefit when you keep fiat, maybe you can preserve wealth because there is not much risk, but fiat has lost a lot of value.

So I would be more inclined to encourage someone who is on a budget to invest than to encourage them to keep their fiat. Investments allow them to generate returns, but not necessarily risk free. They need to know how to minimize risk and they need to learn it.

Aanuoluwatofunmi

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Quote from: AnonBitCoiner on July 02, 2023, 01:51:53 PM

i will suggest that whenever you think that you have profit then selling will be better because if you wait more and the price goes more down then you will regret for your greediness.

Even while at the verge of selling you must be very careful because it has appeared to me before that within a short period of time that i invested to also make the sell when i discover that the market was very highly volatile, the moment i was about to sell in less than one minutes i see the market price going down and when i confirmed that before rushing back to sell again it has gone more bearish to the extent that i was forced to sell by all means to avoid going down the more, there are periods of high volatility like this whereby before you realizer, you've already missed out some sat which may later not pay us to serve as cover up when the amount we have earned isn't that much from what we gave invested.

Quote from: AnonBitCoiner on July 02, 2023, 01:51:53 PM

You can also take one profitable step to take your profit but don't take your invested money and use it for more profit so by doing this you will not regret once the market downs but if it goes up you will surely be thankful for what you have done.

In this process, investors in most cases allowed for the use of DCA to maximize profits and cut lost, but you may not really need the practice of these when you're going on a long time investment while the market is dip already.

karabiber

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Quote from: Trust M.C 100 on June 22, 2023, 10:09:51 AM

What is your opinion on this?

I experienced the same situation with Ethereum in 2017. Since Eth is not run or managed by any central person or institution but rather by all distributed ledger owners, my love for eth has grown and i have officially become an Eth maximalist. I had been a fool not to sell the Eth i had accumulated prior to 2017 during the 2017 bull season and since then Eth has dropped almost 90% from the top. I have had times of stress but i have had a bitter experience that it is necessary to make a profit.

When we came to 2021, i was saying hello to a new bull season and i made profit sales with a large part of the Eth i did not sell. My biggest advantage from 2017 to 2021 was not to sell my coins. Being patient is the key this work. While i was making sales, i gave importance to sales gradually because after selling from the place that we thought was the peak, i experienced that the peak was actually farther from the place we thought. That's why i made incremental sales. If you have decided to make profit sales you should make gradual sales so that you do not regret it. Finally one of the biggest mistakes that can be made in the market is to establish emotional bonds with coins. Don't do this.

bestcoins1

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Quote from: rojan on July 02, 2023, 11:29:20 PM

I think the advice you have given is absolutely correct advice. We should always keep in mind that selling when we see profit will be very good for us. But if we always expect more profit then our money will be at risk. We always have to take care of some things so that our money is not in any risk.

Instead of having to take care of a number of things that may not always be easy for you, you should not put your money at risk, which means you only need to save money properly without using it in any trades and investments. Because basically every job always has a risk even though there are also benefits that can be expected by everyone who does it. The advice to sell when you have seen a profit is appropriate, as long as one does not regret seeing a higher price after selling one's holdings.

flyingcarpet

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Quote from: Trust M.C 100 on June 22, 2023, 10:09:51 AM

What is your opinion on this?

Quote from: The Cryptovator on June 22, 2023, 04:06:42 PM

These individuals are genuine Bitcoin investors who consistently maintain confidence in Bitcoin. Regardless of market conditions, whether bearish or bullish, they are able to leverage Bitcoin to their advantage. If you give up, you won't be able to reap any gains. However, the current surge is attributed to a convergence of positive news. By examining the price records, you'll observe that Bitcoin consistently shatters previous milestones and creates new ones. Therefore, it's important not to heed those who discourage you from investing in Bitcoin. Instead, draw lessons from history and trust your own judgment.

This is one of the good advice given. Don't stop believing in Bitcoin. Of course, the price will drop from time to time. Sometimes these drops will take a long time, but in the end, the winners will always be those who own bitcoin.

The important thing is that we learn lessons during our investments. If bitcoin has risen above a certain level and we need money on those days, we can sell some. There is nothing wrong with that. We believe in Bitcoin and we must not forget that it is also an investment tool. Sometimes it is necessary to sell when the price goes up in order to buy more bitcoins when the price goes down.

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Quote from: AnonBitCoiner on July 02, 2023, 01:51:53 PM

i will suggest that whenever you think that you have profit then selling will be better because if you wait more and the price goes more down then you will regret for your greediness.

You can also take one profitable step to take your profit but don't take your invested money and use it for more profit so by doing this you will not regret once the market downs but if it goes up you will surely be thankful for what you have done.

I think the advice you have given is absolutely correct advice. We should always keep in mind that selling when we see profit will be very good for us. But if we always expect more profit then our money will be at risk. We always have to take care of some things so that our money is not in any risk.

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Quote from: Trust M.C 100 on June 22, 2023, 10:09:51 AM

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

What is your opinion on this?

History tells us that every halving of Bitcoin is setting a new record, but it's still volatile it can still go down after a peak so if you want to make a profit from halving timing on buying and selling is important, right now this is the best time to buy only a year before the halving and much more good news coming we're going to see a new Ath.

AnonBitCoiner

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i will suggest that whenever you think that you have profit then selling will be better because if you wait more and the price goes more down then you will regret for your greediness.

You can also take one profitable step to take your profit but don't take your invested money and use it for more profit so by doing this you will not regret once the market downs but if it goes up you will surely be thankful for what you have done.

inthelongrun

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Quote from: |MINER| on June 24, 2023, 02:00:25 PM

In fact, Bitcoin is such that anyone who gets to know it in detail will become addicted to it. And the reason why Bitcoiners have so much confidence in Bitcoin is because of its previous history. If you look at each of the past halvings of Bitcoin, its price has risen steadily after this or halving. I've shared a chart below from a Coin Telegraph report so you can see what's going to happen in 2024. And like everyone else, I hope that in 2024, Bitcoin will break its record like it did in the previous years.

It is almost certain that there will be another breaking of records in the halving year. The current price alone is already more than 300% of its previous halving price. But $30k is still a cheap price since everybody knows that the following year of the halving always establishes another highest price. Previous ATH is $67k which is an easy 200%+ from today's price. But I always wonder how high bitcoin's ATH will be in 2025. It will be in the trillion market cap once again. I am seeing a $100k to $200k range for its new ATH.

|MINER|

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In fact, Bitcoin is such that anyone who gets to know it in detail will become addicted to it. And the reason why Bitcoiners have so much confidence in Bitcoin is because of its previous history. If you look at each of the past halvings of Bitcoin, its price has risen steadily after this or halving. I've shared a chart below from a Coin Telegraph report so you can see what's going to happen in 2024. And like everyone else, I hope that in 2024, Bitcoin will break its record like it did in the previous years.

Topic: Bitcoin Investors Confidence in Bitcoin💪 - page 7. (Read 1562 times)