Newbies can get shaken fairly easily, so part of the volatility is likely caused by folks who are purposefully wanting to shake some newbies.
The other thing is that anyone who is either new to bitcoin or maybe in their first cycle are likely to be in a BTC accumulation phase, so they should love to be able to get bitcoin for lower prices. .and of course, it is not necessarily easy to keep buying as the income comes in, but there could be some positive thoughts, and of course, you jossiel are likely getting on two cycles, and sure it is possible that you are still accumulating bitcoin or that you made several mistakes along the way, and so it can take a while to get out of accumulation phase, even for someone who has been into bitcoin for a couple of cycles..... and I had given those kinds of examples in the past of someone who had been accumulating more aggressively compared to someone who had not and even compared with someone who made some mistakes along the way and started accumulating more aggressively at later dates...
I've made a lot of mistakes but I'm still accumulating and I think that I'll keep doing it as long as I live. But this time, when I see these quick crashes, it's no longer painful to my heart honestly. But way back years ago, believe me that it's like that someone's crushing my heart whenever I see it.
Those mistakes and experiences really have helped me to get over these scenarios and I am sure that everybody does that have been here for quite a while.
To me it seems to become a lot easier to bear the ups and the downs once you are mostly in profits and/or you have also accumulated a quantity of bitcoin that you realize that you would not be able to accumulate again, so there may well be some feelings that you do not want to sell much if any because you would not be able to accumulate them again very easy.
Of course there may be some other reasons that the decently large fluctuations in the BTC price get easier to bear.. ..
so even someone who has been around for a while, they might have spent their first few years in bitcoin without a very good or focused plan.
That's true and those moments have taught us a lot, it was a great experience and I am sure that there will be greater up to the greatest moments of our lives as we stay.
There are some guys that do not learn, and sometimes it takes them a lot longer to get some kind of a bitcoin focus. I hate to presume that everyone should have to do it in similar ways, because in terms of dollars, there are a quite a few shitcoins that have performed better than the dollar, and surely in the short term there is no guarantee that bitcoin will outperform various shitcoins, and we see it on a fairly frequent basis that shitcoins are pumped for their being able to outperform bitcoin, and I have difficulties understanding how guys can keep very large portions of their wealth in any of the shitcoins.. but if we all thought the same, the world would be a boring place.. and sometimes the misinformation, disinformation or even the distractions with various shitcoins does end up allowing some abilities to buy more bitcoin at lower prices, not that I am wanting lower BTC prices, but sometimes we can recognize and appreciate some benefits with the lower BTC prices allowing the regular guy accumulators to accumulate more cornz.
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Yes my account might be very new, but I already know about Bitcoin before now, just that I have been reluctant about it. My friend first introduced me t o Bitcoin many years ago I think 2013 or 2015 but I couldn't see the future he was seeing back then. So many times he has been telling me how things goes around, with some big whales trying to manipulate the market with bad news which might make people to sell off. This stucked with me all these years. I make my first Bitcoin investment in 2021 but I was a paper hand back then and I sold off after making a few dolla rs profit. But I started accumulating again early last year around January 11 and ever since then it has been a great experience. I finally saw the future that my friend saw in Bitcoin as far back when he introduced me to it. So I have been accumulating on daily, weekly and monthly basis depending on how money gets into my hand. I never knew about this forum until late September last year. I decided to get in the forum early October of last year. Yes at some point I have had some aggressive buy as I want to make up for the years I wasted when I was first introduced and for selling the little one I had in 2021. This time around I have decided to keep accumulating as I am able to until my son who is just 6 years old turns 12. I don't have much pressure on me financially as I have a paid job and my wife is also working and I have a business that fetch me money. I also do some research about how the market works. That's why I speak like an OG. My experience is more than my forum account.
Fair enough, and yes many of us know that it can take many touches with bitcoin before its value (and/or its investment thesis) really sinks into our heads, so it is good to know that you are going on 1 year in terms of being serious about bitcoin, and also your past experiences will likely continue to form you in some kinds of ways (hopefully for the better).
But yeah many of us make many mistakes along the way, and hopefully we learn how to lessen the quantity or the negative impacts of some of our future mistakes, and neither the world nor our ways of interacting are going to present us with black or white answers, so we should be attempting to find ways that harmonize with our own situation... and yes, bitcoin does seem to be a good vehicle for hedging in regards to many negative things in the world and also including that we have to still be careful not to overdo it, because in 6 years, I would like to find out if you have been able to continue with your accumulation goals and to get some kind of a status update that involves you continuing to have coins that build into the various options that you will have at that time... and yeah, we cannot know if BTC might be at a similar price as today or if the price might be multitudes or even magnitudes higher than today.
I don't really claim to know, but
my entry-level fuck you status chart shows that less than 16 BTC may well be enough for entry-level fuck you status at the time of late 2029, and if we add another 6 years to late 2035, it looks like a little more than 6 BTC would be enough for the same.. so I am not sure if any of those numbers are within reach for you, and of course, your own entry-level fuck you status might be based on different numbers.. I was just wanting to use $2 million since in 2020 it became understood that $2 million became the new millionaire status. .. yet in the end we likely realize that anyone investing into bitcoin for 4-10 years or longer will have pretty decent chances of being better off for having had chosen to invest into bitcoin as compared to having had chosen to not invest into it... again no guarantees.