Bitcoin Investors Confidence in Bitcoin💪 - page 8.

fullhdpixel

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Quote from: Trust M.C 100 on June 22, 2023, 11:09:51 AM

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.

Well, though I admire your patience and belief in Bitcoin, I would say that you made a mistake by not selling when Bitcoin was at its peak because you could probably earn more profits in that way, you could sell your Bitcoins and then hold on to your stablecoins when the market started declining, and then you could buy again when the price of Bitcoin dropped below $17k and then you could hold until it reaches another all-time high.

I always advise people to do this because even though holding is profitable in the long run, one can get more profits if they trade their assets for stablecoins when the price is high and then buy again when it's low which maximizes the profits in the long run.

Chainsmokers

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There is no question how Bitcoin investors believe in Bitcoin of course the trust is 1000% more,
look at how Bitcoin grow from 2009 to 2023, yes it has grown to 50000000% according to Coinmarketcap.
investors or whales still believe in Bitcoin so if we as a retailer of course we also have to believe,
especially since the price of Bitcoin is still cheap.

Nrcewker

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If you are asking for my opinion, then let me tell you that I believe in facts. We have seen bitcoins grow from literally nothing into a highly valued digital asset. If you are an early investor, you should know that bitcoins follow history and also follow a four-year cycle. 2024 is the year everyone expects bitcoins to cross the new all-time high price. This can only happen if people keep on buying bitcoins and increase the demand among the masses. So let’s hope for the best and accumulate as many bitcoins as we can in the meantime.

ShowOff

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Quote from: erep on June 22, 2023, 06:06:07 PM

Every investment decision must have different risks and profit opportunities even though they have sold Bitcoin assets in the past few years but they have the opportunity to profit to target investing again at the lowest price range of $ 15k-20k. Wise investors will patiently wait for market corrections and prioritize the DCA investment strategy to buy lower than the previous selling price of Bitcoin. Therefore, the decision of these investors to sell Bitcoin a few years ago is not a bad decision to regret because they also analyzed the market to anticipate a bearish market after reaching ATH prices. I am sure that the low price of Bitcoin last year has called on investors to buy back the opportunity because they have analyzed the long-term profit potential of Bitcoin.

Since the price of bitcoins is always fluctuating, there is always an opportunity to buy cheaper. So far, the market has been too sensitive to positive and negative news, in fact I am very sure that the ongoing positive trend like the last few days can also change quickly when there is big negative news that affects it.

So it is certainly true that investors need to do a good analysis of their long-term investment plans, including preparing an additional budget to conduct DCA. That's actually useful advice for any long-term bitcoin holder, so I won't argue with that.

coolcoinz

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I hope it keeps going up but I treat it only as a confidence booster. I don't care if it goes up or down tomorrow because I'm not going to sell.
They'd have to offer me a lot of money, like maybe 100k+ right now for me to touch my stash and then I still wouldn't dump it, maybe sell 10% just to have fun, like I always do in the bull runs.
Having fun and spending some profits gives me energy to endure next bear markets without falling into despair.

uneng

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Quote from: Trust M.C 100 on June 22, 2023, 11:09:51 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?

My opinion is that a new ATH will be reached in 2024 or 2025, because that is what we have learned about the correlation between halving event and Bitcoin price since the first time. If we look the charts since the beginning of Bitcoin, we see each new halving support line raises as resistance level as well. On long run Bitcoin is getting stronger, more valuable and demanded, without any tendencies of reverting it soon.

Despite the bearish market, I guess all indicatives are positive for Bitcoin, especially the fact corrections aren't pushing the price too deep downside. It means investors are attentive to crypto market and fearful of losing opportunities to buy. So they don't let the price to get too cheap, like it happened in previous cycles.

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Quote from: Bazzu on June 23, 2023, 01:47:31 AM

I think a great btc investor is a strong investor holding for the long term, because I think bitcoin in the future the price will definitely be high because people who buy bitcoin keep popping up and increasing, so bitcoin has the potential to be expensive
rise high in the future.

every btc investor expects the btc price to go up high, hopefully at the btc halving we see the btc price go up high, and hopefully you get a big profit from your investment.

Great investors are not only seen from how strong they hold Bitcoin in the long run, but great investors are those who are able to do and execute strategies well, able to estimate when to enter and have to exit.
Not only holding, they will also buy back when the price looks very cheap and that is an opportunity to add more assets. The potential to sell expensive is certain because the long-term goal is a new ATH, but when the goal is achieved, it is mandatory to sell it because you will not even hold long-term for life.

dragonvslinux

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I'd actually argue that investor sentiment this year in Bitcoin remains relatively low, at least compared to previous bear markets. I think this is generally due to the wider economic environment and the general fear that prices can drop lower, or otherwise fail to go beyond $30K this year. As despite the 100% rise in Bitcoin this year (so far), this has also taken 6 months, which after the 75%+ decline, is actually quite a long time.

But I also think with price reclaiming $30K in the coming weeks or next month then the confidence will shift, especially from the perma-bears as well as with continued recoveries in stock markets as well. Then before we know it by the end of the year the halving will only be 6 months away, which will be another reason for further speculation on the price of Bitcoin increasing in the near future.

A lot of people thought that breaking through $25K was confirmation of the end of the bear market, and while that may be true in hindsight, for many more conservative investors the real level remains $30K. Re-testing $30K after breaking $25K was more of a inevitable formality that didn't prove much in my opinion, as there was a big trading gap between these two levels due to the initial capitulation that occurred.

justdimin

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Quote from: Halime Anatolia on June 23, 2023, 10:06:40 AM

I think this will happen soon and the government should support this in fact Banning cryptocurrencies by a country can have a significant impact. First, banning cryptocurrencies can limit citizens' access to emerging financial technology innovations. This can hinder economic development and innovation in the financial sector. Banning cryptocurrencies could encourage crypto-related economic activity to move into areas that are friendlier to this technology. This has the potential to result in lost investment and innovation opportunities in countries where it is prohibited, as well as lost potential revenue from the crypto industry.

I agree that making it as legal and regulated as possible definitely will benefit a nation and it should be considered a good deal, doesn't mean that it will have any type of benefit right away, but the possibility of that benefit is all that is needed.

When you remove the possibility it's even worse, it's not going to be decent and we shouldn't be doing it, I personally believe that the best thing to do is let the people of a nation have that chance, if they take that chance then it's great, if they do not take that chance at least they were given an option. But, if a government just straight up bans it, then we are not going to have anything that makes sense at all, it's going to end up with a poor form overall and will result with citizens not having an option.

Bitcoin2009

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bitcoin is getting more popular and of course making investors more optimistic, as happened with this week which rose by more than 22% making anyone optimistic to hold bitcoin, and I'm also optimistic that the market will continue to rise because soon there will be a halving day that allows bitcoin up 2x or more.

Halime Anatolia

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Quote from: Bazzu on June 23, 2023, 01:47:31 AM

I think a great btc investor is a strong investor holding for the long term, because I think bitcoin in the future the price will definitely be high because people who buy bitcoin keep popping up and increasing, so bitcoin has the potential to be expensive
rise high in the future.

every btc investor expects the btc price to go up high, hopefully at the btc halving we see the btc price go up high, and hopefully you get a big profit from your investment.

I think this will happen soon and the government should support this in fact Banning cryptocurrencies by a country can have a significant impact. First, banning cryptocurrencies can limit citizens' access to emerging financial technology innovations. This can hinder economic development and innovation in the financial sector. Banning cryptocurrencies could encourage crypto-related economic activity to move into areas that are friendlier to this technology. This has the potential to result in lost investment and innovation opportunities in countries where it is prohibited, as well as lost potential revenue from the crypto industry.

In the long term, banning crypto could also put a country behind in terms of growing adoption of financial technologies. Other countries that are more open to cryptocurrencies can experience faster economic growth and be at the forefront of innovation and digital finance as well as a country's economic development and innovation dan International Monetary Fund says countries banning crypto may not be effective in the long run.

Bazzu

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I think a great btc investor is a strong investor holding for the long term, because I think bitcoin in the future the price will definitely be high because people who buy bitcoin keep popping up and increasing, so bitcoin has the potential to be expensive
rise high in the future.

every btc investor expects the btc price to go up high, hopefully at the btc halving we see the btc price go up high, and hopefully you get a big profit from your investment.

Gallar

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Quote from: Trust M.C 100 on June 22, 2023, 11:09:51 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. .

Your interest in bitcoin is indeed very good, because you have chosen one of the most appropriate investment assets. But my question is, why are you using your older brother's bitcointalk account ID. Even though you can also immediately create your own BTT account, if you don't know how, ask the older sister to teach you to create your own personal BTT account. Because in my opinion, doing this doesn't violate any rules, as long as those who have the account don't mind it. But still, it doesn't feel right to do so. Because you are using someone else's identity in this forum.

Quote

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.

Problem selling your bitcoin assets, it's your own decision to sell or keep defending. But I will give you one piece of advice, that in the world of crypto investment, especially bitcoin. Do not be too greedy, and excessive when taking advantage. Because even though bitcoin is proven to have the best price quality among other cryptocurrencies, still, you must always remember the worst possibility. So the point is don't waste it, the opportunity that has come to you.

Quote

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

What is your opinion on this?

Hopefully it will all happen, because all bitcoin investors will always expect the upcoming halving which is expected to be next year, can exceed the bitcoin halving that occurred in the previous cycle.

landheer

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I think your brother made a mistake because he allowed you to enter using his ID.

it looks like you are a strong holding type and it is a good thing if you are ready to take the risk of investing in btc for the long term.

as you said you don't sell btc in 2021 during the BUL RUN. but if at this time you continue to hold it and hold it, of course you still have hope for the next BUL RUN, hopefully you will get bigger profits during the next BUL RUN.

mvdheuvel1983

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Quote from: Trust M.C 100 on June 22, 2023, 11:09:51 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?

I used to strongly believe that the Bitcoin halving would positively impact its price, but my perspective has changed. Relying on conclusions drawn from only three previous Bitcoin halving is insufficient. I also support the argument that the halving could actually lead to a decrease in Bitcoin's price. This is because miners, after the halving, will earn half of their usual Bitcoin rewards per block, resulting in reduced revenue. As a consequence, they may need to sell more Bitcoin to cover their operational expenses. However, despite these concerns, I will continue to passively buy Bitcoin. Whether the price increases or not, I am content knowing that I will still possess my Bitcoins.

- https://beincrypto.com/one-year-before-bitcoin-halving-2024/

romero121

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We don't know what exactly would happen, but everyone expect something big with every halving. The market also never disappoints, because we'll see good rise in the market around the days of halving or soon after that. One who had experienced the goodness of Bitcoin will never feel down with cryptocurrency investment. The confidence level can be seen even higher with the long term holders, because it is like a proven statement that bitcoin assure long term profit.

South Park

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Quote from: rhomelmabini on June 22, 2023, 05:59:42 PM

Well, we can't perfect to sell at the top so if you're about selling it and has already good amount of profit then just do what's good for you. I don't think you're the first to have the same fate but hoping that this coming bull run you'll not the same mistake again as well as the others. We might not be in the bull run but something tells me we are going $30k or more by EOY.

Traders and investors need to let go with this obsession of selling at the very top since almost no one can do it, if you take the time to look at how long the top last you will realize that at best the top last for a few hours, so if you were doing something else at the time, you were sleeping or simply you were distracted it would be impossible for you to sell at that level, assuming you can predict the top at all, something that we know is not very likely.

erep

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Quote from: ginsan on June 22, 2023, 05:23:39 PM

Even for now, I'm sure investors who sell Bitcoin from previous years will be very sorry to see the development of increasingly expensive prices. Well speaking from 2016 or 2018 to 2020 of course many big investors sold their BTC ownership but what I admit is the decision they made is a decision they will regret at this point. Big investor initiative to accumulate more BTC at the lowest price will hardly happen again and those who sell at low price will have to go back to buying at high price.

Every investment decision must have different risks and profit opportunities even though they have sold Bitcoin assets in the past few years but they have the opportunity to profit to target investing again at the lowest price range of $ 15k-20k. Wise investors will patiently wait for market corrections and prioritize the DCA investment strategy to buy lower than the previous selling price of Bitcoin. Therefore, the decision of these investors to sell Bitcoin a few years ago is not a bad decision to regret because they also analyzed the market to anticipate a bearish market after reaching ATH prices. I am sure that the low price of Bitcoin last year has called on investors to buy back the opportunity because they have analyzed the long-term profit potential of Bitcoin.

rhomelmabini

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Well, we can't perfect to sell at the top so if you're about selling it and has already good amount of profit then just do what's good for you. I don't think you're the first to have the same fate but hoping that this coming bull run you'll not the same mistake again as well as the others. We might not be in the bull run but something tells me we are going $30k or more by EOY.

carlfebz2

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Quote from: Trust M.C 100 on June 22, 2023, 11:09:51 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?

[Note: No one will misunderstand as new ID.]

When it comes to investment decisions specially with Bitcoin then its better not to mind on what other peoples been saying or telling about your decision.Its your money then its your full right on what you should gonna do with it and if ever you would lost then its not their money in the first place. This is why its not really that healthy if you do keep on looking on what other people would be saying into you.
There's always a bad thing or saying that they would be throwing into you but on the time that they do see that you are making some money then for sure this is where they would really be having regrets.

Just hold and accumulate because we know that bitcoin would really be able to break its previous ATH once again and this is why it is really just that right that we should be buying more
as long we do have the money to invest but of course dont make yourself that get too optimistic because we know that there's no assurance if we do speak about bitcoin investment or crypto investment as general.

Topic: Bitcoin Investors Confidence in Bitcoin💪 - page 8. (Read 1462 times)