Author

Topic: Build, Before Selling Bitcoin! (Read 539 times)

sr. member
Activity: 602
Merit: 263
July 31, 2024, 09:59:31 AM
#43
Normal nah culture to build better bitcoin stashes, before thinking of selling. by the way if you nor gather first how you wan tey yield better thing for the investment matter ( bitcoin), because the amount of profit   boils down to the amount of stashes . like alot of folks wey de y dun ready set their mind for longterm holding which is the best . And we know say everything get stage and step so nah  the building stage we dey so (accumulating) , so that as time goes on our chances of yielding something good in a long run go dey increase each day.  May God continue to  see us through as usual. Smiley
hero member
Activity: 672
Merit: 546
July 30, 2024, 03:55:42 PM
#42
Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.
Bitcoin volatility no de very high the way most alt coins own de so to get better profit person suppose really focus to build him portfolio fess before person go fit even think of him profit. To accumulate plenty profit you must de prepare to invest and hodl for a long time so if you wan invest for bitcoin you must put am for back of your mind say you go hold am for a long time and so throughout that time you go de use am build your portfolio, de accumulate more and more depending on the strategy wey you wan adopt.

Bitcoin investment, take long time before ee dey ripe well. People wey begin this bitcoin investment journey from beginning, na so them do am by building their bitcoin portfolio for long time and  the them benefit like that.  So we need to learn from dem build our own too for that kind period to profit also.
Normally the way bitcoin price don rise reach e de very difficult to get better profit if you no leave am for a long time, speculation don full everywhere say bitcoin go climb mountains say e go still de climb with time but with how e don behave in the past e sure say bitcoin price go rise wella even if it will take more years na why to hold and hodl for as long as you can na em be the best thing.
full member
Activity: 322
Merit: 194
July 30, 2024, 08:48:32 AM
#41
What other portfolios do you want to learn here having reading the general english board and speculation section on how to hold and engages in DCA, and of course anyone who has been in those board shouldn't lack what to do concerning their investment. The major thing is that you should choose when to sell and how long to hold if you must sell off your bitcoin, of course we knows that many people are holding for decades while some only interested in 1 year to 4 years just to experience one halving cycles with this there's a lot of benefits if they invested when it was extremely dip.

Yes the truth must remain just as you have said about many with their holding strategy and durations, I believe no matter how one build potifolio there must be a time to sell or take little profit only few can do life time investment beside the reason for investing in is to gain and solve some projected future issue at targeted maturity of the investment depending on the hodler no body can hold till death because holding till death is of no  value. Before holding investor has years and time plan of taking profit it can only be considered improper when the investor is not ready to hold at least one year above.
Nowhere in your writing do you mention Bitcoin, but I'm assuming you're talking about Bitcoin. Considerations for Bitcoin holders should be very mature as they have started Bitcoin holdings with a lot of market analysis. Regardless of the value of Bitcoin you can expect your desired profit from each holding through a cycle crossing which is much easier for depositors in the DCA strategy. Accumulating Bitcoins every week or month with the DCA strategy leads to large stacks by completing one cycle which recommends multiple cycles running. But you should have the freedom to invest and consider Bitcoin as a valuable asset along with real assets which can be sold but completing a few more cycles can multiply your profits.
member
Activity: 364
Merit: 44
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July 27, 2024, 11:19:14 AM
#40
What other portfolios do you want to learn here having reading the general english board and speculation section on how to hold and engages in DCA, and of course anyone who has been in those board shouldn't lack what to do concerning their investment. The major thing is that you should choose when to sell and how long to hold if you must sell off your bitcoin, of course we knows that many people are holding for decades while some only interested in 1 year to 4 years just to experience one halving cycles with this there's a lot of benefits if they invested when it was extremely dip.

Yes the truth must remain just as you have said about many with their holding strategy and durations, I believe no matter how one build potifolio there must be a time to sell or take little profit only few can do life time investment beside the reason for investing in is to gain and solve some projected future issue at targeted maturity of the investment depending on the hodler no body can hold till death because holding till death is of no  value. Before holding investor has years and time plan of taking profit it can only be considered improper when the investor is not ready to hold at least one year above.
sr. member
Activity: 756
Merit: 353
July 19, 2024, 02:34:44 PM
#39
Normally anybody wey wan invest on bitcoin go know say na to buy and hold, no be investment wey be say you no go learn about it very, not because you hear say e dey pay because of the profit go make you go buy waiting you no fit hold for a long period of time, nobody go force anybody to buy bitcoin and that is why them Dey give advice before you start to invest in it, we all know say bitcoin Dey bring profit just like someone enter business and earn profit but bitcoin profit Dey different from business own that is why we are saying you have to be capable of holding your coin for a long period of time, even the oyibo wey creat am too advice those who want to invest and that is why it is very important for you to make sure you understand what bitcoin is all about before you go chook hand for investment and at the end you will come Dey find person wey you go blame, abeg make we no rush ourselves in anything that concern investment.
sr. member
Activity: 434
Merit: 216
July 18, 2024, 04:38:18 PM
#38
Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.

When you rush enter Bitcoin, na so you go rush commot because Bitcoin investment no be for the weak. If the market show you pepper when you never prepare for the market, you go think say everything wan crash and na so you go take wrong decision. After hearing about Bitcoin or after teaching somebody about Bitcoin, allow them take time digest am. The market no dey go anywhere so you no need dey rush because you no understand the market na so you go dey make mistakes

You no dey far from the truth at all because I remembered wen I been dey new into Bitcoin so after I buy Bitcoin come dey expect say as I don buy am say the price go just dey go up not knowing say Bitcoin get volatility so as I dey wait to see the price go up instead the price begins to fall and I just dey hope say the price go rise back again but for where naso I take fear sell my Bitcoin at a cheaper price when I don already lose some because no be wetin I buy wey I take sell back again so I decided to sell due to fear say make the market no come continue to dey fall now I come lose everything but some hours after I sold my Bitcoin naim the price begins to increase again naim i vex for myself say if to say i dey patient say that kind thing for no happen to me so na true you talk say Bitcoin investments no be for people wey no get mind because you go just dey feel bad anytime wey the market no dey go according to how you plan. So e dey good to get good understanding about Bitcoin investment before person invest.
sr. member
Activity: 490
Merit: 346
Let love lead
July 18, 2024, 04:26:54 PM
#37
there are three strategies to building your portfolio effectively and they are as follows:
  • DCA
  • LUMP SUM
  • BUYING THE DIP

These strategies are worth knowing and noting in your accumulation journey as you can employ more than one at a definite point in time in your journey when the need arises. For example, You can be consistent with DCA and there happens to be a very good DIP presenting itself like what happened within the last two months, you can therefore take advantage of that opportunity to buy more stashes of bitcoin at a lower price which would be very profitable for you when the price correction takes place and the bull run arrives.
legendary
Activity: 2478
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July 18, 2024, 04:08:38 PM
#36
Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.

When you rush enter Bitcoin, na so you go rush commot because Bitcoin investment no be for the weak. If the market show you pepper when you never prepare for the market, you go think say everything wan crash and na so you go take wrong decision. After hearing about Bitcoin or after teaching somebody about Bitcoin, allow them take time digest am. The market no dey go anywhere so you no need dey rush because you no understand the market na so you go dey make mistakes

Quote
Bitcoin investment, take long time before ee dey ripe well. People wey begin this bitcoin investment journey from beginning, na so them do am by building their bitcoin portfolio for long time and  the them benefit like that.  So we need to learn from dem build our own too for that kind period to profit also.

If you entered in this bull market no expect to make money immediately but plan yourself well to use the bear market wey go come to accumulate Bitcoin. Making a profit from the market in a big way needs time, some people dey say na 10 years minimum and if you invest for that amount of time no matter how bad e reach you suppose dun fit accumulate 1 BTC and with that amount you suppose dey alright to retire as a financially free man.
hero member
Activity: 812
Merit: 560
July 18, 2024, 03:18:45 PM
#35
Making an investment in bitcoin goes along with its procedures, we need to know and learn about all the required procedures in making an investment in bitcoin, this will properly direct us towards knowing more about when to sell, buy or hold our investment, in most circumstance, we should not be too desperate about being eager to make profit within a short period, instead we should hold for longer or better still have a required knowledge to trade if we can afford to do so.
sr. member
Activity: 546
Merit: 342
July 18, 2024, 03:11:56 PM
#34
Bitcoin investment is for the strong, because when the up and down of the market start only them can survive it ,alot of persons call themselves Bitcoin investors ,they allow their emotions to control them,at any little financial challenge they have,they want to sell off their Bitcoin, without knowing the implication of what you are doing, because of fear of what will happen next  in the market accumulating in your portfolio, gives you a better chance to gain more profit in a long-term. Life is all about risk and sacrifices, until you learn and understands it , you will not be able to take some certain decisions . You need to set principle, goals and what you need to achievement for yourself in other to meet your target.
Yeah no be lie watin you talk ,  many people no really get the mind to stand out with their holdings because Bitcoin investment na something person gat dey very discipline if not you go end up selling your coins because of fear or maybe lack of patience. So many people no really get the basis of the whole investment thing and end up regretting overall sef because after everything profit sef dem fit no even get so e better to patiently gather to get better chance of profit when you hold for long time.
hero member
Activity: 700
Merit: 577
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July 18, 2024, 02:48:40 PM
#33
OP na true you tok but you know say Naija guys dey do sharp sharp things so dem no dey like to wait till di investment go ripe but in most time na short time investment dem dey do. And the best time to start the investment na di dip. And keep it (hodle) it for years before selling. But you have to plan everything like the time to sell and if the time to sell e no go favour you then what will you do, will you extend it or sell it? All those things must be arranged and set for your investment plan.

When you are investing in bitcoin, don't use rush and plan to sell them quick but patient for long term. So you will have enough profit from it.
sr. member
Activity: 1414
Merit: 236
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July 18, 2024, 11:58:39 AM
#32
Na true u talk op, u need to build a secure and safe wallet, wen u will b depositing your BTC either weekly or monthly and hodl for long period of years before u can trade to make something that will change your life for good.

I no op forget to add this, invest what u can afford to lose in BTC investment because there are some people who don't no this strategy, and dey can invest all their money in BTC that will make them to regret in future wen d bear season continue running in d market which is d reason people need to invest what dey can afford to lose in BTC investment. Wen u make up your mind to hodl your BTC for long period of years before u can sell, I don't think u will regret d kind of result that will come out at d end of d investment because that is d tactics many people use to accumulate profit from this industry.
sr. member
Activity: 392
Merit: 329
July 18, 2024, 10:37:43 AM
#31
Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.

Bitcoin investment, take long time before ee dey ripe well. People wey begin this bitcoin investment journey from beginning, na so them do am by building their bitcoin portfolio for long time and  the them benefit like that.  So we need to learn from dem build our own too for that kind period to profit also.

Ee get people wey dey invest for Bitcoin because of the sweet story of bitcoin but dem no wan follow de process by building a portfolio first before dem think of selling. As bitcoin price fall down dem don fear wan sell their bitcoin holding, but no be so, u need to build good portfolio small small with dollar cost Averaging (DCA) to gather bitcoin weekly or monthly for like 5 to 10 years ....... even more but depending on ur target  before thinking  of selling.

If u get anything to add, on how to build good bitcoin portfolio before selling talk am make people learn.

For sure there should be time to plant (accumulate) and time to harvest (sell) such that it can be very wrong for anyone to sell when your investment are meant to be growing and that is one big mistake some people who may not have understand the dynamics of Bitcoin investment as best when viewed on a long term perspective of maximizing building up a good size of Bitcoin by being consistence in accumulating Bitcoin which also requires having a stable source of income to enable you to be taken care of your personal needs comfortably as well as accumulating your Bitcoin without selling it to take care of other needs, having a good size of emergency funds can also be helpful in your Bitcoin accumulation stage.
member
Activity: 158
Merit: 21
July 17, 2024, 04:44:53 PM
#30
Bitcoin investment is for the strong, because when the up and down of the market start only them can survive it ,alot of persons call themselves Bitcoin investors ,they allow their emotions to control them,at any little financial challenge they have,they want to sell off their Bitcoin, without knowing the implication of what you are doing, because of fear of what will happen next  in the market accumulating in your portfolio, gives you a better chance to gain more profit in a long-term. Life is all about risk and sacrifices, until you learn and understands it , you will not be able to take some certain decisions . You need to set principle, goals and what you need to achievement for yourself in other to meet your target.
sr. member
Activity: 182
Merit: 120
July 17, 2024, 12:44:57 PM
#29
Asking if any newbie should panic with bitcoin price going down that’s normal because sometimes when you dey new into crypto or any field e get some certain thing wey you never experience but you dey hear for example most newbies never really experience bitcoin dip but them dey hear about the dip, selling during the dip is wrong likewise selling when an investor has not gotten a solid portfolio just like wetin op talk. If anyone should ask me what’s the best thing to do during bitcoin dip I will definitely advice the person should buy the dip and hold instead of selling everything, before any investor don make up mind say he/she wan hold bitcoin I believe the person go take time build solid portfolio before thinking of selling or else anything that has to with early stage profit no be investing.
full member
Activity: 322
Merit: 194
July 16, 2024, 10:40:01 AM
#28
Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.
The truth is that everyone have their plans and target when it comes to investing in Bitcoin. Not everyone plan to sell all their Bitcoin after they finish building, some people plan to continue to build and sell strictly when they have a project they want to use part of the proceed of their investment to execute such as building a house or another good one. In this case, they will just sell part of their Bitcoin while they continue to build using the DCA method or any other method they are using. There are also people building their portfolio to be handed over to heirs. To them, Bitcoin is a very good option to save their wealth so that inflation will not eat it up, besides, it has also shown to increase in value with time.  


Some people wey I know sef know even get sell for their agenda sometimes e dey make me dey even wonder when e go come dey okay to see that their investment don actually ripe to sell because I believe no matter what and time it takes an option for sell will still be the era of the day even after a long term of holding your Bitcoin. Bitcoin is still in it's early phases despite the fact it has grown so much from the initial time of creation and I believe this is context at which almost holds their Bitcoin.
Since its inception, Bitcoin's ongoing performance has been largely promising for investors to profit and hold for a long time. Bitcoin holdings and short-term profits have been generating mixed reactions for investors, mostly suggesting the market is moving. The maturity of each investment depends on the individual, but you should take care of your accumulated Bitcoin holdings as it can give you financial maturity over long-term holdings.

Of course, Bitcoin is currently in its early stages which should be optimistic for every holder as it is difficult to predict how much its value will increase in the future as it enters adolescence and adulthood. Therefore, every investor should accumulate and hold bitcoins as much as possible.
member
Activity: 224
Merit: 27
July 16, 2024, 02:14:04 AM
#27
Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.

Bitcoin investment, take long time before ee dey ripe well. People wey begin this bitcoin investment journey from beginning, na so them do am by building their bitcoin portfolio for long time and  the them benefit like that.  So we need to learn from dem build our own too for that kind period to profit also.

Ee get people wey dey invest for Bitcoin because of the sweet story of bitcoin but dem no wan follow de process by building a portfolio first before dem think of selling. As bitcoin price fall down dem don fear wan sell their bitcoin holding, but no be so, u need to build good portfolio small small with dollar cost Averaging (DCA) to gather bitcoin weekly or monthly for like 5 to 10 years ....... even more but depending on ur target  before thinking  of selling.

If u get anything to add, on how to build good bitcoin portfolio before selling talk am make people learn.
Op u dey right bro, if anybody wan invest for Bitcoin e dey good to invest with de aim of long-term so that u go build ur portfolio gradually through that long period. Because after we don invest plenty things dey happen many factors dey com into play, wey dey affect bitcoin price sometimes ee dey drop well well but if u get that long-term mindset and believe Bitcoin, na that time good to buy plenty bitcoin if the money dey because de price dey cheap and like that u dey put ur self for better position to profit.

Bitcoin no be quick money something and if anyone dey hear about sweet story of bitcoin investment and u get interest to invest try go for knowledge about bitcoin before u put ur money so that u no go dey shake or think to sell early when u never build good portfolio e fit result to lose. DCA na really good pattern to dey buy bitcoin frequently, ee no get stress at all whether price down or up ee dey buy and accumulate for u with amount or budget u like to dey put inside bitcoin.
hero member
Activity: 1008
Merit: 702
July 14, 2024, 02:29:29 PM
#26
Ee get people wey dey invest for Bitcoin because of the sweet story of bitcoin but dem no wan follow de process by building a portfolio first before dem think of selling. As bitcoin price fall down dem don fear wan sell their bitcoin holding, but no be so, u need to build good portfolio small small with dollar cost Averaging (DCA) to gather bitcoin weekly or monthly for like 5 to 10 years ....... even more but depending on ur target  before thinking  of selling.

If u get anything to add, on how to build good bitcoin portfolio before selling talk am make people learn.

Wetin you talk no wrong and people get different way wey dem take dey use build their portfolio for bitcoin. The time period of 5-10 years fit be long time for anoda person wey get enough money to take use build him portfolio reach the target wey him want. Building portfolio for 5-10 years no be small wan sha but if you check am and the benefits wey dey attach to am, e worth am and anybody wey fit hold on till dat time mean say e mean business and e go really get patient for d tin. Anoda tin be say d person go don get external savings wey no go make am touch dis him holding for dat long. E no even fit dey possible for person like dat not to get enough with am wey him go fit use do oda tins. All dis tin na just make you get patient and make you don make up your mind say na wetin you wan do be dis and you go work towards achieving am.
full member
Activity: 462
Merit: 205
Duelbits.com
July 14, 2024, 01:33:30 PM
#25
Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.

Bitcoin investment, take long time before ee dey ripe well. People wey begin this bitcoin investment journey from beginning, na so them do am by building their bitcoin portfolio for long time and  the them benefit like that.  So we need to learn from dem build our own too for that kind period to profit also.

Ee get people wey dey invest for Bitcoin because of the sweet story of bitcoin but dem no wan follow de process by building a portfolio first before dem think of selling. As bitcoin price fall down dem don fear wan sell their bitcoin holding, but no be so, u need to build good portfolio small small with dollar cost Averaging (DCA) to gather bitcoin weekly or monthly for like 5 to 10 years ....... even more but depending on ur target  before thinking  of selling.

If u get anything to add, on how to build good bitcoin portfolio before selling talk am make people learn.
The tin be say pplenty pipo no wan wait small, dem no wan get small patientence, dem dey always want say dem go getam sharp sharp, like now some pipo go want say as them put dia small money, d next week e supposed don do x2, dem no say e get time wey e dey happen like dat and e get time wey b say u go gats wait small no be to dey hurry becuse e no get as u wan do am wey b say dem no go fit get the kind money dem dey find immediately, everytin na process no be somtin wey u go do for one day den u go get millions with your small money.

me i know say for d bitcoin waka u go need put plenty tim and say u go follow wait no be say u go com dey say  u wan do every tin sharp sharp com pas pipo wey don dey d hustle since before you just one time, dem no dey run tins like dat except say na scam or maybe na bettin wey be say u fit jsut get ur money once.
sr. member
Activity: 854
Merit: 451
July 13, 2024, 03:43:38 PM
#24
Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.
If you no wan sell bitcoin after you don invest in am or set your portfolio for how u want make e be, then e go just better make get work wey u Dey do, make steady income Dey enter, and make sure say you still get back up money, make you no leave that one for inside crypto, you fit leave am for your account for bank make u Dey look your thing, any time wey emergency come, na Wetin you go use be that, e no go even come your mind say make you sell any coin wey you get for portfolio.

But if you no get money keep, or you no get any better source of income, if problem come, na that portfolio wey you don set, na him you go still scatter again, wey no really make sense self.
sr. member
Activity: 504
Merit: 300
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July 13, 2024, 03:09:15 PM
#23
Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.
The truth is that everyone have their plans and target when it comes to investing in Bitcoin. Not everyone plan to sell all their Bitcoin after they finish building, some people plan to continue to build and sell strictly when they have a project they want to use part of the proceed of their investment to execute such as building a house or another good one. In this case, they will just sell part of their Bitcoin while they continue to build using the DCA method or any other method they are using. There are also people building their portfolio to be handed over to heirs. To them, Bitcoin is a very good option to save their wealth so that inflation will not eat it up, besides, it has also shown to increase in value with time.  


Some people wey I know sef know even get sell for their agenda sometimes e dey make me dey even wonder when e go come dey okay to see that their investment don actually ripe to sell because I believe no matter what and time it takes an option for sell will still be the era of the day even after a long term of holding your Bitcoin. Bitcoin is still in it's early phases despite the fact it has grown so much from the initial time of creation and I believe this is context at which almost holds their Bitcoin.
As investment is consern, we must sell some day but the reasons why we hold for long is because no body wants to sell at loss, or settle for less. We believed that as time flies we will make a lot of profits than when we sell for short term. Selling when you haven't gotten any better profits is not a wise action because the reason  why we make investments is because we want to make profits and to be serious it's not everything we are supposed to invest on just as we can not invest on Bitcoin/shitcoins/altcoins so that we can concentrate on the better sides (bitcoin) for long terms.
sr. member
Activity: 476
Merit: 230
God is All
July 13, 2024, 02:04:28 PM
#22
Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.
The truth is that everyone have their plans and target when it comes to investing in Bitcoin. Not everyone plan to sell all their Bitcoin after they finish building, some people plan to continue to build and sell strictly when they have a project they want to use part of the proceed of their investment to execute such as building a house or another good one. In this case, they will just sell part of their Bitcoin while they continue to build using the DCA method or any other method they are using. There are also people building their portfolio to be handed over to heirs. To them, Bitcoin is a very good option to save their wealth so that inflation will not eat it up, besides, it has also shown to increase in value with time.  


Some people wey I know sef know even get sell for their agenda sometimes e dey make me dey even wonder when e go come dey okay to see that their investment don actually ripe to sell because I believe no matter what and time it takes an option for sell will still be the era of the day even after a long term of holding your Bitcoin. Bitcoin is still in it's early phases despite the fact it has grown so much from the initial time of creation and I believe this is context at which almost holds their Bitcoin.
sr. member
Activity: 490
Merit: 346
Let love lead
July 13, 2024, 11:02:34 AM
#21
Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio.
Every better investor no dey get satisfaction for em investment, as far say na na profitable investment, even when you don reach your target, you must dey greedy make you get more gains, so you go invest pass your target. No dey carry only your target for mind if you dey invest, instead carry am for mind to pass your target, so you go fit meet am come pass if possible, of you carry only your target for mind, you fit tire no come reach am.

Try dey set higher than normal goals for yourself, so you go get higher advantage.

Quote
Bitcoin investment, take long time before ee dey ripe well. People wey begin this bitcoin investment journey from beginning, na so them do am by building their bitcoin portfolio for long time and  the them benefit like that.  So we need to learn from dem build our own too for that kind period to profit also.

,but no be so, u need to build good portfolio small small with dollar cost Averaging (DCA) to gather bitcoin weekly or monthly for like 5 to 10 years ....... even more but depending on ur target  before thinking  of selling.
You fit still build your portfolio within a short time, them get lump sum, which be say you use plenty money buy BTC one time come dey hold am. Thst one ma for people wey get the big money. If you no get, you settle for DCA.

sr. member
Activity: 504
Merit: 300
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July 13, 2024, 09:57:53 AM
#20

From my personal opinion, long term plans is more profitable when it comes to Bitcoin holdings. When we hold for long terms wey pave ways for bigger profits in future. Our Bitcoin portfolio is important to us, and one who is planning to invest for long term on Bitcoin should always know two important things.

  • 1-
Patience This is what makes an investor a good one, mostly if the person is planning on investing for a long term. However as a crypto beginner that want to invest in Bitcoin but don't know the actual strategy to use, you can use DCA method for investing because it's not a must to buy Bitcoin with big amounts of money. DCA is the easy method for a beginner and experience Bitcoin investor to use. If you are patience you can achieve a lot of good opportunities in the crypto space because you will experience the dip and bullrun then you can also take advantage of it as well.

  • 2-
Security: This is also one of the important things an investor needs to know, I believes that everyone who's experienced in the crypto space knows that security is one of the important thing for a successful investor. As an investor who knows that his assets is important to him or her who know how to secure the assets. It's just like knowing how to secure your physical documents because you know how important it is. But when it's a wallet seed phrase, you have to secure it more that you secure those most of your documents. Some people keep their documents in a wardrobe but seed phrases are not things that one should just keep in a wardrobe because it contains something more important. Some documents can be recreated but seed phrase are not things that can be recreated.so safe keeping it is another priority for an investor who wants to invest for a long term.
hero member
Activity: 1190
Merit: 901
Livecasino.io
July 13, 2024, 09:55:06 AM
#19
Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.
Hmmm...wetin you tok na true o. But, as e be now Nigerians nor even dey look bitcoin side again like that. Na all these memecoins, altcoins, P2E games, airdrops, and shitcoins dem dey look. Some of them na like hamster, tapswap and others. Na there wey dem dey get hope to take cash out. I remember one of my colleagues tell me say she dey tap, make she see if e go pay am like notocoin. And the koko be say na profit dey their mind. Nothing else. Most, not all of them dey reason convert to bitcoin and hold. The mindset na say if e pay, we cash out. If e nor pay we move to another one wey dey hot.
hero member
Activity: 1190
Merit: 799
July 13, 2024, 09:29:59 AM
#18
 
If u get anything to add, on how to build good bitcoin portfolio before selling talk am make people learn.
This na better update you just drop for beginners my friend about the needs/importance of building a portfolio before thinking of selling, which happens to be a good strategy. But though why we are trying to discuss about the solution to this menace, let's not forget about some of the possible causes which makes people sell their Bitcoin prematurely, as one of the reasons likely to cause this is when a person invest all his capital into Bitcoin, with the mindset he will make quick gain, forgetting the fact that it is a volatile digital currency whose price value works according to demand and supply. Secondly, another reason that can make a person sell his Bitcoin prematurely is when a person borrows money to invest in Bitcoin, with the mindset to get rich quick. And when the results seems not to go as planned, he tends to sell it off. Hence, if only people are able to manage their funds effectively, they will be able to have their Bitcoin last long.
hero member
Activity: 2660
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DGbet.fun - Crypto Sportsbook
July 13, 2024, 08:57:30 AM
#17

Ee get people wey dey invest for Bitcoin because of the sweet story of bitcoin but dem no wan follow de process by building a portfolio first before dem think of selling. As bitcoin price fall down dem don fear wan sell their bitcoin holding, but no be so, u need to build good portfolio small small with dollar cost Averaging (DCA) to gather bitcoin weekly or monthly for like 5 to 10 years ....... even more but depending on ur target  before thinking  of selling.

If u get anything to add, on how to build good bitcoin portfolio before selling talk am make people learn.

Those people wey dey hodl btc that long like the 10 years wey you dey talk no be people wey dey feed from hand to mouth but people wey hodl dem side well and it might not be for that long. In fact, wetin I believe should be the target of hodling should be for each halving season. Like for example to buy during bear season and then wait for halving ATH to resell but na to buy and keep for 10 years,omo e no make sense because you just wasted the profit wey you for pick in between the years. E better to hodl but no be to hodl without knowledge of how market dey move. The reason for hodling na for profit sake and so why person go still keep coin wey don give you double value. If you sell then you buy for bear, na DCA be that.
hero member
Activity: 602
Merit: 442
A Proud Father of Twin Girls 👧 👧
July 13, 2024, 02:17:58 AM
#16
You've made a good point but I just want to add that building a good portfolio doesn't only mean that you should only invest with the DCA method and do it for the long term of 5 to 10 years, It also includes other considerations like;
1. Ensuring that you have a secure and safe portfolio
2. Managing the risk associated with Bitcoin investments
3. Reviewing and adjusting your portfolio such that it aligns with your investment goals.
4. And never being pressured to sell both when you're in a slight profit and when the market is experiencing some downtime.

Bitcoin investment would work best when you're strict with following up all the basics involved in investing in Bitcoin to the latter. Any slight carelessness due to not taking your security seriously or trying to over-diversify into different assets and cryptos would mar your investment journey. As you've said, Bitcoin investments are dependent on time and numbers. Investing for the long term and investing a good amount while keeping and following all security measures is the only way to be successful at your investment.
Just to cut short the whole story short, sell whenever you think is right for you .
The main goal of having to hold bitcoin is to have profit and each profit level is ought to be determined by the holder himself but I think the other masses thinks it different
I’m on the opinion that just as holding is extremely profitable so it’s profiting at all times also very profitable and taking out profit at every satisfactory level isn’t no crime and we shouldn’t be preaching holding maybe the wrong way because we are already making it seem very impossible to newbies and potential holders.
sr. member
Activity: 336
Merit: 365
The Alliance Of Bitcointalk Translators - ENG>PID
July 13, 2024, 01:24:45 AM
#15
Fear, na e dey make people wan sell of Dem BTC before e big reach. Most times na why e dey advisable as person wey wan hold Bitcoin for long term to avoid market or news sef. Just sufa u know say ur BTC dey safe. No dey always go monitor price small the go back go check ur wallet how much remain. That one go only drive you to wan sell quick quick and dis wan go lead u to many loss. Because d u dey sell for lower price than watin u Tay buy.

Again, to avoid selling off before e many,  make sure say u don chop bellefull first. Some people go just dey think say if Dem pack all Dem money out for Bitcoin na e Dem go Tay blow ones. My guy na lie o. U supposed don chop, get better source of income before u go dey think of BTC investment. Dis one go prevent u from chopping ur investment before e go even big reach anywhere.
full member
Activity: 560
Merit: 161
July 12, 2024, 05:11:26 PM
#14
I agree with you my brother, it is a good thing to invest in bitcoin and not to sell without making good profit in hodling. But one thing you need to know is that bitcoin no be sometimes wey you fit do pass your power. Sometimes the reason why people sees it very difficult to invest bitcoin is that they do pass their self which is so difficult for them to hodl for a longtime.  I believe when someone invest with amount they can afford w dey make sense for investment,  e dey help for one to be able to touch other important aspects of life that and no be just use all your income to invest bitcoin but to also make good plan on how to invest bitcoin well.
sr. member
Activity: 476
Merit: 308
July 12, 2024, 04:32:44 PM
#13
Bitcoin as an investment is really one of the most simple and profitable kind of investment to pertake in, less stressful and unarguably one among the most profitable as long the terms of holding are kept. The moment we begin our Bitcoin journey, the decision is made whether for the long run or a quick sell and back up plans are made to ensure one abides by his/her decisions made without interfering or disrupting portfolio, this is where emergency/reserved funds and good income source are utilized according to proper planning to build and maintain ones portfolio.

The key factor about building our portfolio is how we determined to continue HOLDING no matter the ups and down.
hero member
Activity: 882
Merit: 800
July 12, 2024, 02:53:06 PM
#12
What other portfolios do you want to learn here having reading the general english board and speculation section on how to hold and engages in DCA, and of course anyone who has been in those board shouldn't lack what to do concerning their investment. The major thing is that you should choose when to sell and how long to hold if you must sell off your bitcoin, of course we knows that many people are holding for decades while some only interested in 1 year to 4 years just to experience one halving cycles with this there's a lot of benefits if they invested when it was extremely dip.
hero member
Activity: 980
Merit: 621
Leading Crypto Sports Betting & Casino Platform
July 12, 2024, 07:07:03 AM
#11
You've made a good point but I just want to add that building a good portfolio doesn't only mean that you should only invest with the DCA method and do it for the long term of 5 to 10 years, It also includes other considerations like;
1. Ensuring that you have a secure and safe portfolio
2. Managing the risk associated with Bitcoin investments
3. Reviewing and adjusting your portfolio such that it aligns with your investment goals.
4. And never being pressured to sell both when you're in a slight profit and when the market is experiencing some downtime.
You really sum up the very key things way dey instrumental to build and succeed with our bitcoin portfolio journey. But I just want add say, all of those sum for me oh I just believe say na one thing go fit make an investor fit succeed meeting up all those 4 items you list and that thing nah getting an unrestricted source of income like business or job. Person wey source of income don close for some period of time it go hard for am to avoid pressure to sell when things don hard am, which means the safety of the investment to see long run no fit possible.
full member
Activity: 672
Merit: 201
July 12, 2024, 05:14:11 AM
#10
At first I will say I like the  title of your post nice one mate, build before thinking of selling , before going into Bitcoin investment one thing you should have in mind is that bitcoin is not a get rich quick scheme. Inorder to make it big in bitcoin you have to first take your time to build a nice portfolio first which may eventually take years depending on your cashflow though.  We have already see the beauty of holding Bitcoin and many of have been saying this I wish I started way early than this , but still we are still early in it so we just have to accumulate as much as we can as bitcoin keep growing. Though there isn't not guarantees but still it worth the shot. And hope you are keeping to this that holding for long-term in bitcoin is the best.
Exactly, you must make a profit before selling your bitcoin because failing to do so would result in a loss. But the most important thing to remember is that even if you benefit from bitcoin, you should never sell all of your coins because bitcoin is unpredictable and the price can change at any time. I don't leave my wallet empty because I feel I'll make more money if I leave it for a long time. Bitcoin is a reliable and successful long-term investment, unlike other shitcoins. You may confidently recommend it to others without fear of losing money from it. He should just learn and invest and be getting profit if can be patient. Many people are used to short term investment because how the economy is now many people don't have enough money to keep for long periods.
legendary
Activity: 1666
Merit: 1158
July 11, 2024, 06:46:41 PM
#9
Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.

Bitcoin investment, take long time before ee dey ripe well.
If you really think say e Dey ripe, I go tell you say, e no Dey ever ripe finish o.
As e pump, na so e Dey carry dump. Last last, you go still find out say, that pump way you think say, e don ripe so, lactic acid still plenty inside.

No matter watin you Dey think, no ever sell all your Bitcoin. Portfolio na something way you go build all through life. E no need to be a process way go get end point, it’s not in phases. You’re allowed to chop as you Dey build, no be sacred cow and you no go kill yourself. When you no get alternative source to fuel your desires and needs, you fit dip hands once once but, with reason and make the hand you Dey dip no be something way go too Dey significant.

As you Dey dip hand kwa, try Dey get plan to put am back. That way, you go Dey okay.
hero member
Activity: 644
Merit: 520
Leading Crypto Sports Betting & Casino Platform
July 11, 2024, 06:21:23 PM
#8
Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.

Bitcoin investment, take long time before ee dey ripe well. People wey begin this bitcoin investment journey from beginning, na so them do am by building their bitcoin portfolio for long time and  the them benefit like that.  So we need to learn from dem build our own too for that kind period to profit also.

Ee get people wey dey invest for Bitcoin because of the sweet story of bitcoin but dem no wan follow de process by building a portfolio first before dem think of selling. As bitcoin price fall down dem don fear wan sell their bitcoin holding, but no be so, u need to build good portfolio small small with dollar cost Averaging (DCA) to gather bitcoin weekly or monthly for like 5 to 10 years ....... even more but depending on ur target  before thinking  of selling.

If u get anything to add, on how to build good bitcoin portfolio before selling talk am make people learn.
No be small sweet story indeed , most short term or Hippocrates Bitcoin holders na as of results sey dem get new maybe probably from people wey dem sef no too sabi about Bitcoin dey talk say Bitcoin investment go give them plenty money without telling them the risk and even the time factor which is very important. Bitcoin na asset wey dem suppose hold for long as e dey take many circles and turns  to actually hit ATH which many of these Hippocrates don't know about.
sr. member
Activity: 602
Merit: 263
July 11, 2024, 05:52:46 PM
#7
At first I will say I like the  title of your post nice one mate, build before thinking of selling , before going into Bitcoin investment one thing you should have in mind is that bitcoin is not a get rich quick scheme. Inorder to make it big in bitcoin you have to first take your time to build a nice portfolio first which may eventually take years depending on your cashflow though.  We have already see the beauty of holding Bitcoin and many of have been saying this I wish I started way early than this , but still we are still early in it so we just have to accumulate as much as we can as bitcoin keep growing. Though there isn't not guarantees but still it worth the shot. And hope you are keeping to this that holding for long-term in bitcoin is the best.
sr. member
Activity: 434
Merit: 253
Trust the process, imbibe consistency
July 11, 2024, 04:53:50 PM
#6
Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.
The truth is that everyone have their plans and target when it comes to investing in Bitcoin. Not everyone plan to sell all their Bitcoin after they finish building, some people plan to continue to build and sell strictly when they have a project they want to use part of the proceed of their investment to execute such as building a house or another good one. In this case, they will just sell part of their Bitcoin while they continue to build using the DCA method or any other method they are using. There are also people building their portfolio to be handed over to heirs. To them, Bitcoin is a very good option to save their wealth so that inflation will not eat it up, besides, it has also shown to increase in value with time.  

sr. member
Activity: 560
Merit: 474
Fine by Time
July 11, 2024, 03:40:39 PM
#5

Ee get people wey dey invest for Bitcoin because of the sweet story of bitcoin but dem no wan follow de process by building a portfolio first before dem think of selling. As bitcoin price fall down dem don fear wan sell their bitcoin holding, but no be so, u need to build good portfolio small small with dollar cost Averaging (DCA) to gather bitcoin weekly or monthly for like 5 to 10 years ....... even more but depending on ur target  before thinking  of selling.

If u get anything to add, on how to build good bitcoin portfolio before selling talk am make people learn.
Interesting! No be only sweet story be the thing wey dey make people invest for Bitcoin. Make i talk some of those things wey me i dey aware of.

1. One na the because they done dey aware say bitcoin na one way wey de fit fight inflation. Based on the value as e they increase, they feel say if dem keep their local currency as Bitcoin e get better value in the future instead of losing the value wey dey fit use purchase things.

2. Another one be assurance of high returns in the future. Many people wan make am quick quick while some don understand say long term for Bitcoin they give profit wel wel na why they ready to keep enough Bitcoin so that they go dey wealthy for future instead of taking this small profit wey dey fit get now.

3. The last one i wan talk here so na easy access. Imagine say you invest for real estate. You get to wait for the due date for you to collect your return from your tenants. So na annual process but bitcoin investment na something wey you fit take your profit anytime wen you want am. The sweet pass be say you dey see am as the thing dey grow.

Many people get their reasons sha but this one na him so many people fall under.
sr. member
Activity: 392
Merit: 329
July 11, 2024, 03:33:15 PM
#4
Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.

Bitcoin investment, take long time before ee dey ripe well. People wey begin this bitcoin investment journey from beginning, na so them do am by building their bitcoin portfolio for long time and  the them benefit like that.  So we need to learn from dem build our own too for that kind period to profit also.

Ee get people wey dey invest for Bitcoin because of the sweet story of bitcoin but dem no wan follow de process by building a portfolio first before dem think of selling. As bitcoin price fall down dem don fear wan sell their bitcoin holding, but no be so, u need to build good portfolio small small with dollar cost Averaging (DCA) to gather bitcoin weekly or monthly for like 5 to 10 years ....... even more but depending on ur target  before thinking  of selling.

If u get anything to add, on how to build good bitcoin portfolio before selling talk am make people learn.

Bitcoin is not a quick and get rich scheme, it requires patients and consistence accumulation and as well as holding for as long as possibly 4 to 10 years or more such that your investment can have a compounded value over time, yeah one shouldn't sell when it is time to be accumulating Bitcoin, what gives a good potential overall return is actually the quantity of Bitcoin one has and how long one was able to hold, patient is a virtue, having a target is one important thing and working towards achieving it is another important thing differently that are of great value regarding to having a successful Bitcoin investment.
sr. member
Activity: 476
Merit: 299
Learning never stops!
July 11, 2024, 02:38:08 PM
#3
Firstly anybody that's thinking of buying BTC should be determine of holding it for a longer period of time,Bitcoin entry might high or low at any point so its worth knowing that market might not favour individuals instantly on investment... for example the current market will definitely not favour those that entered at 65k$+.
However, Bitcoin itself is volatile  so DCA method of buying should be emulated by holders to maximise profit through different entry especially when the market is in Dip like now (buying the dip can also be done along),at the end emergency fund  should be built alongside the portfolio to help withstand pressure that may arise to selling part of holdings
sr. member
Activity: 392
Merit: 277
July 11, 2024, 09:18:35 AM
#2
You've made a good point but I just want to add that building a good portfolio doesn't only mean that you should only invest with the DCA method and do it for the long term of 5 to 10 years, It also includes other considerations like;
1. Ensuring that you have a secure and safe portfolio
2. Managing the risk associated with Bitcoin investments
3. Reviewing and adjusting your portfolio such that it aligns with your investment goals.
4. And never being pressured to sell both when you're in a slight profit and when the market is experiencing some downtime.

Bitcoin investment would work best when you're strict with following up all the basics involved in investing in Bitcoin to the latter. Any slight carelessness due to not taking your security seriously or trying to over-diversify into different assets and cryptos would mar your investment journey. As you've said, Bitcoin investments are dependent on time and numbers. Investing for the long term and investing a good amount while keeping and following all security measures is the only way to be successful at your investment.
jr. member
Activity: 89
Merit: 5
July 11, 2024, 08:49:49 AM
#1
Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.

Bitcoin investment, take long time before ee dey ripe well. People wey begin this bitcoin investment journey from beginning, na so them do am by building their bitcoin portfolio for long time and  the them benefit like that.  So we need to learn from dem build our own too for that kind period to profit also.

Ee get people wey dey invest for Bitcoin because of the sweet story of bitcoin but dem no wan follow de process by building a portfolio first before dem think of selling. As bitcoin price fall down dem don fear wan sell their bitcoin holding, but no be so, u need to build good portfolio small small with dollar cost Averaging (DCA) to gather bitcoin weekly or monthly for like 5 to 10 years ....... even more but depending on ur target  before thinking  of selling.

If u get anything to add, on how to build good bitcoin portfolio before selling talk am make people learn.
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