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Topic: Bitcoin price and my mindset (Read 1032 times)

sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
July 01, 2023, 03:09:56 PM
It's good to always diversify our investments multiplying our sources of income as it puts you on a safer angle to fellow that is dependent on a single  source of profit. As you take your profit to open a business for your wife make sure the business is a lucrative one that your wife also have passion for, because it's one thing to open a business another thing is to run it well that it yield good profits. 

Yes it's true that now a days single salary is not enough for whole uses of life so the decision of setting a base of business for wife is profitable. Diversification is beneficial in one case that if in one business you face some troubles then surely in other business you will have profit.

Benefit of setting business for a wife is that she will helps at each and every step of life so its not necessary that only male will earn money but female should also get financial freedom because they also have some desires.

Another benefits of taking profit from bitcoin and set another business is that you minimize your losses because bitcoin is volatile in nature so whenever it gets down in price you will have no worries about the down movements.
hero member
Activity: 1666
Merit: 453
June 20, 2023, 12:17:51 AM
As for your plans to open a business for your wife with the profits you've made from Bitcoin, it's great that you have entrepreneurial aspirations. However, it's important to approach such decisions with careful consideration and planning. Make sure to do thorough research, create a business plan, and consider the risks involved before making any financial commitments.

It's true, it's easy to build a business, but if the business building area is not studied, the capital used for the business can be wasted for sure. The products should still be based on the place where the business will actually be located.

Maybe because later on, the community prospects will be small, and the market will be insufficient, this is where you will see that the business will not be popular and will only last for a few months, and eventually, it can also be closed, the result will only be losses.
hero member
Activity: 2828
Merit: 518
June 15, 2023, 04:57:15 PM
In my opinion, the current month and period tends to be a bull period or an increase in the price of Bitcoin. We should check CoinMarketCap frequently for the latest information on Bitcoin prices, which is a good way to stay up-to-date on market movements. However, it is important to follow market developments closely and analyze the information obtained before making investment decisions in cryptocurrencies such as Bitcoin. Always doing thorough research and finding reliable sources of information can help you make an informed decision.
You don't even need to stress yourself about going to Coinmarketcap to check the current price of Bitcoin when you can always che k your wallet for the price without stressing yourself navigating for the price of Bitcoin. We are in the bear season and it time for us to expect the bull movement of Bitcoin that woukd be coming to us soon. I am very happy that op had in mind to invest part of the profits in made in Bitcoin to invest in physical business for his wife. It seems that we are in the night of the season and when the morning comes, we are going to see what the bear season has for us in full package.
As we are holding long-term, it was not necessary to keep checking the value of Bitcoin every day unless we are a trader. Checking every day makes a reason why some got panic when drops come, they'll think that it never rises again. Real investors don't often check their assets as they just gain information fro the news and rely on trust that Bitcoin will rise and be bullish every 4-year cycle and when the time has come, that's the moment they will check on it. That's how they manage their investment, unlike us small players that we keep our life busy checking every day and stress ourselves.
sr. member
Activity: 1008
Merit: 262
Vave.com - Crypto Casino
June 15, 2023, 12:52:25 PM
In my opinion, the current month and period tends to be a bull period or an increase in the price of Bitcoin. We should check CoinMarketCap frequently for the latest information on Bitcoin prices, which is a good way to stay up-to-date on market movements. However, it is important to follow market developments closely and analyze the information obtained before making investment decisions in cryptocurrencies such as Bitcoin. Always doing thorough research and finding reliable sources of information can help you make an informed decision.
You don't even need to stress yourself about going to Coinmarketcap to check the current price of Bitcoin when you can always che k your wallet for the price without stressing yourself navigating for the price of Bitcoin. We are in the bear season and it time for us to expect the bull movement of Bitcoin that woukd be coming to us soon. I am very happy that op had in mind to invest part of the profits in made in Bitcoin to invest in physical business for his wife. It seems that we are in the night of the season and when the morning comes, we are going to see what the bear season has for us in full package.
full member
Activity: 790
Merit: 112
June 15, 2023, 10:42:03 AM
In my opinion, the current month and period tends to be a bull period or an increase in the price of Bitcoin. We should check CoinMarketCap frequently for the latest information on Bitcoin prices, which is a good way to stay up-to-date on market movements. However, it is important to follow market developments closely and analyze the information obtained before making investment decisions in cryptocurrencies such as Bitcoin. Always doing thorough research and finding reliable sources of information can help you make an informed decision.
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
June 05, 2023, 09:44:01 AM
As for your plans to open a business for your wife with the profits you've made from Bitcoin, it's great that you have entrepreneurial aspirations. However, it's important to approach such decisions with careful consideration and planning. Make sure to do thorough research, create a business plan, and consider the risks involved before making any financial commitments.
sr. member
Activity: 882
Merit: 215
#SWGT CERTIK Audited
June 05, 2023, 03:06:08 AM
Using your real Bitcoin profits to open a business for your wife is a real endeavor. To share a picture of your electrum wallet balance, it may not be advisable to do so for security reasons and given the current state of the market it is a good idea to prioritize caution and make an informed decision as we navigate the Bitcoin market.
hero member
Activity: 2338
Merit: 737
June 05, 2023, 01:04:07 AM
If we look at the current market situation, of course I will make bitcoin a long-term investment or at least another year when the halving day occurs, I'm sure early 2024 will explode because the halving will occur in March so ATH will occur again in February or March.
You are speculating baselessly and really beyond my reasoning, so it makes me want to know how you will predict the future by guessing ATH and halving on Bitcoin in the next year? Because I don't think you have the magic to see this from now on and one more thing is that long-term investment is not only for a year, because for me a year's investment is an ordinary investment whose duration is very short and now try to express fantasy you are more logical about ATH and halving.
hero member
Activity: 2842
Merit: 772
June 04, 2023, 09:57:47 PM
If we look at the current market situation, of course I will make bitcoin a long-term investment or at least another year when the halving day occurs, I'm sure early 2024 will explode because the halving will occur in March so ATH will occur again in February or March.

Regardless of what the date is, others says it will be April or even May, but as you have said, as a long term investor, even if the current market conditions is not that good, we still need to stay with the market through thick and thin. What I mean is that we should learn how to take advantage, if the market is down then we should buy more.

Or the best strategy? Just do DCA till the halving, we still have at least a year to accumulate and fatten our wallet. I think at the end of the year we might see a good bounce around $40k. But still we are not going to sell, we will have to wait like 2024-2025 massive bull run because the chances are high to hit another all time high.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
June 04, 2023, 08:18:53 PM
sometimes they are not impatient but have needs in life that cannot be postponed. you have to believe that everyone believes that the price of bitcoin will continue to increase and bitcoin investment is very profitable but the necessities of life such as economic problems make them forced to sell bitcoin. I haven't found anyone selling bitcoins on the grounds that in the future bitcoins won't have a price, except FUD maker.

Yes exactly that lots of people are facing troubles in life due to their weak economic system therefore they sell their bitcoin so because of this it is necessary to invest little amount but that amount which you don't have need for everyday life. Although future is unpredictable no one has any idea that what will be their economic status in future but one should think and plan for the future.

Certain rules should be follow for the future because if without planning you enter to certain field then success become difficult in that field. If there is no other way to cover the uses then selling bitcoin is not a bad idea because people make investment to be used for future.

In order for a person to reach his future goals, he must overcome the difficulties he is experiencing now. If he has to sell his Bitcoin in the face of a challenge, he should. Life never stops. Bitcoin will always offer us opportunities. If not today, tomorrow or later. Opportunities will always come our way. But let's not forget that we cannot reach tomorrow without living today. What we need to do is sound plans. Solid steps to realize these plans.
but sometimes a person also doesn't understand life,
he has made a profit from bitcoin but never sells it and ends up being bullish then the dump happens and doesn't get any results,
indeed a strategy is very important for us to do when investing, especially with a high level of risk like cryptocurrency.
If you are considered to be a HODLER then you will never fail expecting from the fruits of your investment  and strategy? HODL Iis one of the best that crypto investors has and if  you don’t consider this then you are not familiar in crypto investments.
If you cannot risk in crypto  then never invest this market
hero member
Activity: 938
Merit: 605
Leading Crypto Sports Betting & Casino Platform
June 02, 2023, 09:36:45 AM
Good day house members and chairpeople (moderators) I just feel like telling the house and those who accomplish not know the current price of bitcoin and how much it worth today,  but first I don't know where I should drop the thread and if the thread is not permitted to be here, please someone should help me move it.

The price of bitcoin already shown in the picture at the awning and I know at any time it will be higher than it is now or it will be lower than it is, but if the current price of Bitcoin eventually reduces never sell hold until you are satisfied with the price before selling.
Bitcoin price will always have a direction either it goes  up or down and the profit level of anyone depends at what price he might have bought. Wether the price falls we all know that it would at some point rise which is why so many investors are so determined on holding and with the expected bitcoin halving that's to take place so many investors don't really see the selling of their coin as good decision right now.
Quote

For, I am thinking of opening a business for my wife with the tangible profits I have made from Bitcoin,  
It's good to always diversify our investments multiplying our sources of income as it puts you on a safer angle to fellow that is dependent on a single  source of profit. As you take your profit to open a business for your wife make sure the business is a lucrative one that your wife also have passion for, because it's one thing to open a business another thing is to run it well that it yield good profits.

legendary
Activity: 2086
Merit: 1058
June 02, 2023, 06:00:10 AM
I think I would prefer to be that guy. Because if I buy a lot of bitcoin and become wealthy but do not sell so it dumps, then all I have to do is wait, there is a recovery there and the potential to be wealthy again still is there. Which is why waiting and then losing after that is not really an issue unless you sell.

Obviously if you sell and get out then you are going to be doing a lot worse and I would suggest not doing that, it would be smarter if people just ended up spending some time buying a bit earlier and selling a bit later. I know that too many people sell when it goes down, but they shouldn't, just wait and it will recover and when it does you can sell and get richer again, would make sense that way and it is not something to regret.
Everyone would prefer whatever is richer than they are currently, but I believe that we should be looking into what we can be doing and not what would be good in a made up scenario.

I know myself, if I ended up buying at high, and it drops, I would do DCA, I know this because it has happened before, during this dump from 60k+ price, I started to buy at 40k and been buying ever since, bought from 40k at top to lowest 16.5k as well, so I do think that it is fine. Unfortunately after series of events I have not much, got a bit recently thanks to my boss, but in the end I know that it is a good period to be on. Do what feels right to you, forget about what others are saying, and just think of what you would do and how you would feel about doing that.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
June 01, 2023, 08:23:15 AM
In order for a person to reach his future goals, he must overcome the difficulties he is experiencing now. If he has to sell his Bitcoin in the face of a challenge, he should. Life never stops. Bitcoin will always offer us opportunities. If not today, tomorrow or later. Opportunities will always come our way. But let's not forget that we cannot reach tomorrow without living today. What we need to do is sound plans. Solid steps to realize these plans.
but sometimes a person also doesn't understand life,
he has made a profit from bitcoin but never sells it and ends up being bullish then the dump happens and doesn't get any results,
indeed a strategy is very important for us to do when investing, especially with a high level of risk like cryptocurrency.
I think I would prefer to be that guy. Because if I buy a lot of bitcoin and become wealthy but do not sell so it dumps, then all I have to do is wait, there is a recovery there and the potential to be wealthy again still is there. Which is why waiting and then losing after that is not really an issue unless you sell.

Obviously if you sell and get out then you are going to be doing a lot worse and I would suggest not doing that, it would be smarter if people just ended up spending some time buying a bit earlier and selling a bit later. I know that too many people sell when it goes down, but they shouldn't, just wait and it will recover and when it does you can sell and get richer again, would make sense that way and it is not something to regret.
member
Activity: 1232
Merit: 12
May 31, 2023, 08:20:10 AM
If we look at the current market situation, of course I will make bitcoin a long-term investment or at least another year when the halving day occurs, I'm sure early 2024 will explode because the halving will occur in March so ATH will occur again in February or March.
sr. member
Activity: 1190
Merit: 250
COMBONetwork
May 30, 2023, 12:41:50 AM
sometimes they are not impatient but have needs in life that cannot be postponed. you have to believe that everyone believes that the price of bitcoin will continue to increase and bitcoin investment is very profitable but the necessities of life such as economic problems make them forced to sell bitcoin. I haven't found anyone selling bitcoins on the grounds that in the future bitcoins won't have a price, except FUD maker.

Yes exactly that lots of people are facing troubles in life due to their weak economic system therefore they sell their bitcoin so because of this it is necessary to invest little amount but that amount which you don't have need for everyday life. Although future is unpredictable no one has any idea that what will be their economic status in future but one should think and plan for the future.

Certain rules should be follow for the future because if without planning you enter to certain field then success become difficult in that field. If there is no other way to cover the uses then selling bitcoin is not a bad idea because people make investment to be used for future.

In order for a person to reach his future goals, he must overcome the difficulties he is experiencing now. If he has to sell his Bitcoin in the face of a challenge, he should. Life never stops. Bitcoin will always offer us opportunities. If not today, tomorrow or later. Opportunities will always come our way. But let's not forget that we cannot reach tomorrow without living today. What we need to do is sound plans. Solid steps to realize these plans.
but sometimes a person also doesn't understand life,
he has made a profit from bitcoin but never sells it and ends up being bullish then the dump happens and doesn't get any results,
indeed a strategy is very important for us to do when investing, especially with a high level of risk like cryptocurrency.
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
May 29, 2023, 11:50:38 PM
Yes exactly that lots of people are facing troubles in life due to their weak economic system therefore they sell their bitcoin so because of this it is necessary to invest little amount but that amount which you don't have need for everyday life. Although future is unpredictable no one has any idea that what will be their economic status in future but one should think and plan for the future.

Certain rules should be follow for the future because if without planning you enter to certain field then success become difficult in that field. If there is no other way to cover the uses then selling bitcoin is not a bad idea because people make investment to be used for future.

In order for a person to reach his future goals, he must overcome the difficulties he is experiencing now. If he has to sell his Bitcoin in the face of a challenge, he should. Life never stops. Bitcoin will always offer us opportunities. If not today, tomorrow or later. Opportunities will always come our way. But let's not forget that we cannot reach tomorrow without living today. What we need to do is sound plans. Solid steps to realize these plans.
Difficulties in life can befall anyone without predicting when these problems will come. But every problem must have a solution, including overcoming life's difficulties, a firm attitude is very helpful in stabilizing finances, including selling Bitcoin.
When the difficulties of life are overcome, the mind returns to work normally. You can carry on with your normal life including getting Bitcoin back. A good plan always leaves positive results, never be afraid to sell assets that are considered the most valuable to get out of life's difficulties. All of that can be recovered when finances are stable again.
hero member
Activity: 966
Merit: 764
May 29, 2023, 01:29:21 PM
sometimes they are not impatient but have needs in life that cannot be postponed. you have to believe that everyone believes that the price of bitcoin will continue to increase and bitcoin investment is very profitable but the necessities of life such as economic problems make them forced to sell bitcoin. I haven't found anyone selling bitcoins on the grounds that in the future bitcoins won't have a price, except FUD maker.

Yes exactly that lots of people are facing troubles in life due to their weak economic system therefore they sell their bitcoin so because of this it is necessary to invest little amount but that amount which you don't have need for everyday life. Although future is unpredictable no one has any idea that what will be their economic status in future but one should think and plan for the future.

Certain rules should be follow for the future because if without planning you enter to certain field then success become difficult in that field. If there is no other way to cover the uses then selling bitcoin is not a bad idea because people make investment to be used for future.

In order for a person to reach his future goals, he must overcome the difficulties he is experiencing now. If he has to sell his Bitcoin in the face of a challenge, he should. Life never stops. Bitcoin will always offer us opportunities. If not today, tomorrow or later. Opportunities will always come our way. But let's not forget that we cannot reach tomorrow without living today. What we need to do is sound plans. Solid steps to realize these plans.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
May 29, 2023, 12:58:41 PM
sometimes they are not impatient but have needs in life that cannot be postponed. you have to believe that everyone believes that the price of bitcoin will continue to increase and bitcoin investment is very profitable but the necessities of life such as economic problems make them forced to sell bitcoin. I haven't found anyone selling bitcoins on the grounds that in the future bitcoins won't have a price, except FUD maker.

Yes exactly that lots of people are facing troubles in life due to their weak economic system therefore they sell their bitcoin so because of this it is necessary to invest little amount but that amount which you don't have need for everyday life. Although future is unpredictable no one has any idea that what will be their economic status in future but one should think and plan for the future.

Certain rules should be follow for the future because if without planning you enter to certain field then success become difficult in that field. If there is no other way to cover the uses then selling bitcoin is not a bad idea because people make investment to be used for future.
hero member
Activity: 2926
Merit: 640
May 29, 2023, 12:58:05 PM
For, I am thinking of opening a business for my wife with the tangible profits I have made from Bitcoin, I would have dropped a picture of my electrum wallet balance but I will not because I don't think is either advisable to do so.
Well nobody knows when you started your investment so you know how much profit you have made. If you started your investment when it was $16k then you use it to open a business but if I will advise you should still wait for bitcoin price to go up.
Lol, you do have a good cynical mind, that will make you better in the future, could be money, could be fame, whatever you use it on basically, it will help you out, it will not make you happy of course because a cynical mind is one that looks for everything that is doubtful and search for truth instead of being happy with what is, and look for what could be instead.

That is why I do pity all of us who have it, and it also makes you not being liked all that much neither, people could be around you, but being cynical to all they say would end up hurting you a lot more and will not make you loved by them all, people enjoy others to just approve them and love them. In the end, you are right, and all your answers are correct without a doubt.
legendary
Activity: 1022
Merit: 1341
May 29, 2023, 10:34:52 AM

Good day house members and chairpeople (moderators)
This not a debate hall that you will be greeting people like argumentative essay.
The price of bitcoin already shown in the picture at the awning and I know at any time it will be higher than it is now or it will be lower than it is, but if the current price of Bitcoin eventually reduces never sell hold until you are satisfied with the price before selling.
I believed all the active users in the forum and bitcoin is aware of the price of bitcoin at this time.
For, I am thinking of opening a business for my wife with the tangible profits I have made from Bitcoin, I would have dropped a picture of my electrum wallet balance but I will not because I don't think is either advisable to do so.
Well nobody knows when you started your investment so you know how much profit you have made. If you started your investment when it was $16k then you use it to open a business but if I will advise you should still wait for bitcoin price to go up.
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