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Topic: Bitcoin is headed for the stars, but... - page 3. (Read 972 times)

sr. member
Activity: 958
Merit: 265
December 25, 2020, 10:15:42 PM
#31
I used to put resources into bitcoin to make benefits not for purchasing foods.
I don't think individuals use bitcoin to purchase things they need, I just put resources into bitcoin to make a high benefit.
Whenever I need cash I sell my coins other otherwise they generally store in my wallets and I never contact them.
legendary
Activity: 1372
Merit: 2017
December 25, 2020, 03:15:44 PM
#30
Bitcoin is headed for the stars, but to make the most profit, the Big Bitcoin Investors are causing BTC to jump around a bit. Bitcoin hangs at $20,000... going up and down, say, $500. Then it does the same at $21,000, and $22,000, and $23,000. All the little people get scared, and sell off to the Biggies before the profit goes sky-high and beyond.

Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.

But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.

Cool

Someone who gets scared by those swings shouldn't invest in bitcoin. I'd say there aren't many people like you describe, investing in bitcoin and then selling to buy food after a small 0.25% dip.
legendary
Activity: 3906
Merit: 1373
December 25, 2020, 03:09:07 PM
#29
But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.
If possible bitcoin will go $1 million one day, the day is still very far, not 10 years from now because the marketcap needed for that is very high. Did you know that over a trillion marketcap will get bitcoin to just $100000, which means more 10 fold is still required to get it to such price. If more institutions can pump in more money and buy bitcoin, possibly will result to bitcoin getting to such price.

But, what I know is that no matter what, bitcoin price will ever be at increase everytime over long term period.  

That day might not be as far off as people might think. Fiat is fraud at various levels. People are finding out. As more people find out, fiat will collapse faster, and its rate of collapse will increase.


Bitcoin is headed for the stars, but to make the most profit, the Big Bitcoin Investors are causing BTC to jump around a bit. Bitcoin hangs at $20,000... going up and down, say, $500. Then it does the same at $21,000, and $22,000, and $23,000. All the little people get scared, and sell off to the Biggies before the profit goes sky-high and beyond.
If only I have seized the opportunity to learn the complexities of trading, I am now taking advantage of trading the trend whether it be going for long or short and was able to reduce my regrets for not taking trading seriously before before this massive price increase. It's too bad that I feel being helpless for not being able to trade those rare money making opportunities.

But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.
Dollar cost averaging is also a good idea regardless of bitcoin's price.

Thanks. Right now - Christmas - Bitcoin has suddenly surpassed $24,500.


There arent many reasons why I wouldnt feel the need to sell my Bitcoins but surviving from starving would makes the top of this list.   It would be nice to live off our BTC profits but this is not reality.

But other than starving I would only sell my bitcoins for medical reason if I became sick or my family member needed fiat for medical costs.  

Hoping to see you later down the road when Bitcoin is worth $million or higher.

I should start mining. What's a good pool? Or how do I set up my own equipment profitably?


I understand what you say but how much have you profited from this in fiat? Did you enter just to put everything in Bitcoin then? What is your plan and when you are going to find a good price to sell?

In fact which one of the early investors or the bitcointalk whales have never sold for fiat and don't have a healthy bank account? Perhaps you have millions in your bank, most people entering now with the money you invested in 2013 don't have any hope for a 200x like you did. You tell people to keep holding when there is profit taking. Is this really what we should be doing?

I got in around the $200 mark. I have taken several times my investment out already.


What are you going to say to the dumpers & profit takers if bitcoin dumps from here to $10k?

Also how can you be so sure about that a million USD price tag?

They say that the only sure things are death and taxes.

Bitcoin is becoming more important to people all the time. You can see it in the news. Odds are that it will go up as it has been doing.

If they shut down the electrical grid or the Internet, we are screwed.


Cool
legendary
Activity: 3276
Merit: 2442
December 25, 2020, 09:46:28 AM
#28
Bitcoin is headed for the stars, but to make the most profit, the Big Bitcoin Investors are causing BTC to jump around a bit. Bitcoin hangs at $20,000... going up and down, say, $500. Then it does the same at $21,000, and $22,000, and $23,000. All the little people get scared, and sell off to the Biggies before the profit goes sky-high and beyond.

Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.

But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.

Cool

What are you going to say to the dumpers & profit takers if bitcoin dumps from here to $10k?

Also how can you be so sure about that a million USD price tag?
full member
Activity: 1540
Merit: 219
December 25, 2020, 09:43:38 AM
#27
Some people do still have money in their wallet and there's no need to make transactions with bitcoin.

As long as you still have money in your pocket then settle with that because there are a lot of thing that might happen on bitcoin's price so be careful.

Also if you really want to sell some, make sure that it will not really ruin your investment and you can still manipulate it properly. That's the problem in some people, they are easily distracted when them make transaction due to financial problems. Their investments become so our of focus and instead of making it grow, they are making it shrink.
member
Activity: 224
Merit: 28
December 25, 2020, 09:05:04 AM
#26
Bitcoin is headed for the stars, but to make the most profit, the Big Bitcoin Investors are causing BTC to jump around a bit. Bitcoin hangs at $20,000... going up and down, say, $500. Then it does the same at $21,000, and $22,000, and $23,000. All the little people get scared, and sell off to the Biggies before the profit goes sky-high and beyond.

Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.

But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.

Cool
Food? Really? Ive made over 5000$ from just holding bitcoin, I got in at , 13,000$ and when I'm satisfied with the ROI I sold my bitcoin, the gaining is more than enough to get me whatever I want for now, now I'm focusing on altcoins as this is a good time to buy
hero member
Activity: 2478
Merit: 695
SecureShift.io | Crypto-Exchange
December 25, 2020, 08:39:59 AM
#25
The term that you will get rich if the price reaches a certain level, for example, $ 100,000 or even a million, is useless and indicates stupidity or lack of education in the financial aspect.
Everyone has a goal and they need enough cash to achieve that goal.

Most of those who hold are afraid of investing in the real estate market or stocks or fear of inflation, so they resort to Bitcoin, but at some point, they will not sell.

Traders and investors are waiting for price fluctuation to achieve more liquidity and thus maximize profits.

I don't see how that terms is stupid, we have whale today in btc that's because some of them held their btc at different price point, many people have become millionaires through holding for certain time while some people are still holding even after making so much money, to me it is not a stupid idea especially if one has the ability and capability to hold.
member
Activity: 1358
Merit: 81
December 25, 2020, 08:06:55 AM
#24
I also think that it is an opportunity for more investors to enter the game when the price of bitcoin falls.

Being optimistic, Bitcoin may not fall back in price to what we have seen before. It is going towards a bigger escalation. Important analysts have expressed it.

"Bitcoin will likely break $ 50,000 in 2021."

https://www.globenewswire.com/news-release/2020/12/13/2144141/0/en/Will-Bitcoin-Continue-to-Rise-Crypto-Experts-Finixio-Make-Their-Predictions.html

A good sign has been this year Bitcoin has overcome with us this difficult crisis of the pandemic. Because we have trusted, supported and adoption is just beginning.
member
Activity: 342
Merit: 24
December 25, 2020, 07:55:40 AM
#23
I understand what you say but how much have you profited from this in fiat? Did you enter just to put everything in Bitcoin then? What is your plan and when you are going to find a good price to sell?

In fact which one of the early investors or the bitcointalk whales have never sold for fiat and don't have a healthy bank account? Perhaps you have millions in your bank, most people entering now with the money you invested in 2013 don't have any hope for a 200x like you did. You tell people to keep holding when there is profit taking. Is this really what we should be doing?
copper member
Activity: 238
Merit: 1
Buy Bitcoin in Dubai | Buy Bitcoin in Istanbul
December 25, 2020, 07:45:07 AM
#22
It is believed that 2021 will be the reserve era for the leading cryptocurrency Bitcoin. Leading cryptocurrency receives tremendous support from investors. The gradual rise of BTC in this way is also more robust for the market. Yes, some people still tend to sell by being affected by the 2017 experience. However, the potentials of Bitcoin are now more obvious, and people may continue to hold on for a while in order not to experience greater regret.
legendary
Activity: 2702
Merit: 4002
December 25, 2020, 07:30:22 AM
#21
The term that you will get rich if the price reaches a certain level, for example, $ 100,000 or even a million, is useless and indicates stupidity or lack of education in the financial aspect.
Everyone has a goal and they need enough cash to achieve that goal.

Most of those who hold are afraid of investing in the real estate market or stocks or fear of inflation, so they resort to Bitcoin, but at some point, they will not sell.

Traders and investors are waiting for price fluctuation to achieve more liquidity and thus maximize profits.
full member
Activity: 1750
Merit: 118
December 25, 2020, 07:22:47 AM
#20
its okay if small people got scared and sell because they are only small anyway and that wont make any big impact on the price of btc and you already state the reason why these small people sell , they need food to live and buy small things that make them happy and if they dont do it they will regret once btc dump .

 big btc hodlers dont need to sell for food because they can eat  but they want to make the most out of their btc because their dream stuffs are also verry expensive .
hero member
Activity: 2870
Merit: 594
December 25, 2020, 07:14:19 AM
#19

But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.

Cool

Hodling bitcoin is not the sure pattern to have profit. Learning to trade it I think will benefit more to someone. Although anyway way you can lose your investment both for hodling and trading but faster gains come from trading it because a daily trader of bitcoin who makes profit is better comparing just hodling.


Yeah, but not everyone is built for bitcoin trading, because will likely loss if they know how to trade in the first place that's why the whole HODL mentality steam from. And those who are selling are the weak hands, they shouldn't be buying bitcoin in the first place or at least didn't know the ups and downs of the market and will simply be pressured to push the sell button if bitcoin price suddenly went on a flash crash. But there could be newbies learning from their mistakes so from weak hands -> strong hands in the future and not going to sell unless there is a needed circumstance, like bringing food for their love ones.
legendary
Activity: 1834
Merit: 1208
December 25, 2020, 07:06:09 AM
#18
Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.

But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.
LOL no one will do that, human need food and water to survive. Health is more important than money, you could be a millionaire in the future but if you got disease... your money only used to pay bill in hospital, then it's will be useless.

Also anyone will always have cash in hand to buy food or pay a bills, only invest Bitcoin with your extra money.
hero member
Activity: 1498
Merit: 586
December 25, 2020, 06:30:14 AM
#17
Bitcoin is headed for the stars, but to make the most profit, the Big Bitcoin Investors are causing BTC to jump around a bit. Bitcoin hangs at $20,000... going up and down, say, $500. Then it does the same at $21,000, and $22,000, and $23,000. All the little people get scared, and sell off to the Biggies before the profit goes sky-high and beyond.

Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.

But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.

We cannot force them not to sell their bitcoin, because that is what they needed, if they need that in order for them to buy their needs then it is okay, we should learn to differentiate our neccesities , savings from the things that we want to invest, there's a risk in trading that we cannot be sure if it will be beneficial for us in the end, do our money will increase or it will be vanish so I am not blaming people if they want to sell it, bitcoin volatility is high, if they are new in this kind of trading we cannot say that weakhands are not belong in there.

Debatable. I believe most of the "ups and downs" are caused by leveraged day-traders who want to take their profit from the fluctuations caused by their own actions in the market. Plus don't sell. Find a job to buy food, save the rest in Bitcoin.
Indeed that's what I am saying, but yes I believe that bitcoin will continue to pump more even in the coming days or weeks, but we should take any signs as our own opportunity to gain the money that we want.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
December 25, 2020, 05:14:00 AM
#16
Bitcoin is headed for the stars, but to make the most profit, the Big Bitcoin Investors are causing BTC to jump around a bit. Bitcoin hangs at $20,000... going up and down, say, $500. Then it does the same at $21,000, and $22,000, and $23,000. All the little people get scared, and sell off to the Biggies before the profit goes sky-high and beyond.

Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.

But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.

Cool

There arent many reasons why I wouldnt feel the need to sell my Bitcoins but surviving from starving would makes the top of this list.   It would be nice to live off our BTC profits but this is not reality.

But other than starving I would only sell my bitcoins for medical reason if I became sick or my family member needed fiat for medical costs. 

Hoping to see you later down the road when Bitcoin is worth $million or higher.
full member
Activity: 574
Merit: 125
December 25, 2020, 04:17:28 AM
#15
Yeah, I got your point, investing is the best way to earn a big profit in the future especially if you invest for a long term, there is a possibility that bitcoin could rich million dollars in the future, imagine if you already invest your money right now then for sure in future, you'll earn a lot of money. Just invest your extra or saved money, instead of spending it on some other things, it would be better if you invest it.
But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.
Cool
That is also what I am hoping in the future, there would be so many investors who will get rich if that thing would happen.
sr. member
Activity: 1288
Merit: 305
yes
December 25, 2020, 02:49:17 AM
#14
But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.
Cool

This is exactly what I said the other day
here:
Depends on the quantity you're Holding, it also depends on your financial ability to maintain bills and cover up in case your sole reliability is Bitcoin. You can sell when the bull run is happening. If you have other means of paying your bills you can hold nobody knows if the pump would linger or dump will hang around. In my personal opinion I'd still hold for a few months.
There is absolutely no sense in holding on to BTC when you actually need its fiat equivalent at that point in time to pay life necessary bills  as everyone wanting to be rich differently has closest alternative to solve those problems with different assets to save your coins.
it is pretty much applaudable for everyone who HODL a pretty assets as Bitcoin because it is quite honorable when the wait affords its trust...  Grin Grin
sr. member
Activity: 2366
Merit: 332
December 25, 2020, 02:38:44 AM
#13

But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.

Cool

Hodling bitcoin is not the sure pattern to have profit. Learning to trade it I think will benefit more to someone. Although anyway way you can lose your investment both for hodling and trading but faster gains come from trading it because a daily trader of bitcoin who makes profit is better comparing just hodling.

legendary
Activity: 2898
Merit: 1823
December 25, 2020, 02:31:31 AM
#12

Bitcoin is headed for the stars, but to make the most profit, the Big Bitcoin Investors are causing BTC to jump around a bit. Bitcoin hangs at $20,000... going up and down, say, $500. Then it does the same at $21,000, and $22,000, and $23,000. All the little people get scared, and sell off to the Biggies before the profit goes sky-high and beyond.

Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.

But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.

Cool


Debatable. I believe most of the "ups and downs" are caused by leveraged day-traders who want to take their profit from the fluctuations caused by their own actions in the market. Plus don't sell. Find a job to buy food, save the rest in Bitcoin.
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