Don't only pray for mass adoption, start HODLING!!

Fatunad

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Quote from: Rockstarguy on January 17, 2024, 10:14:38 AM

Quote from: FanEagle on January 17, 2024, 08:48:46 AM

"Start" is an understatement, people should already have some bitcoin that they are holding at this point and if they are not, they are a little late. But you know the saying, the best time to plant a tree is 20 years ago, second best time is now, so I do agree that people should start holding some right now. I get that it's not going to be all that easy, and I get that we are not going to get anything major, but we should be considering the situation to grow as much as we can.

I understand that we are not going to be all that crazy, and we should be considering the deal to get better. Just buy as much as you can afford to lose, and hold it as long as possible to make this money, it will definitely good for you without a doubt.

The best time to start is now because time does not wait for anyone land since the price of bitcoin is increasing and we all know where the market is heading to, it is important to start hodling and never to Procrastinate. It feels so regrettable when one misses the opportunity of not hodling Bitcoin. Since the price of bitcoin increases with time, it is important too to always consult time and value time because when it is gone you can't get it back. To me or those who haven't buy bitcoin to hodl and they are still confused if it is the right time to buy bitcoin. I don't think buying bitcoin to hodl now is a wrong decisions, buying to hodl is good because the market price will go beyond this price.

At this time people just need to buy with amount they can afford to lose, and not to invest with a greedy mindset to get all the profits or to make money quick from bitcoin.

Regret is always at the end on which people would really be having those kind of regret on the time that they would really be making out such missed opportunities on which we know that not all would really be having that kind of thinking on the time that everything is quiet and calm on which they dont really pay up some attention but rather they would really be just focusing into other things which it doesnt really bring any potential value or benefit in the future.Until, they would be hearing it one day that it did really increase its price and then this is where they would really banging up their heads and telling silently into their minds that they should have bought when its still cheap.

We should put up into our minds that outcomes and results would really be definitely be basing up into the decisions that we do have made in life and on the things that we've been doing back before.
If you do have plans on trying out to enhance yourself when it comes to financial status and freedom then it is really just that right that you should really be working that hard
so that you would really be able to achieve it and wont really be ending up on a disaster and keeps on regretting just because you had missed that opportunity wayback.

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Quote from: so98nn on January 15, 2024, 08:45:27 AM

We still need both ways: circulation and holding. The former one keeps the liquidity pool active and there is enough volume for us to work with daily transactions. This could be from exchanging Bitcoins to selling or buying them directly on an exchanger or from peer. The later one is needed so that there will be resistance pressure building everywhere. You see the game of financials run with these two parameters. If not then ecosystem of Bitcoin can crumble real bad. Imagine if no one is holding then Bitcoin being publicly active might just not become resistant due to its high volatility. So at some point we need that pressure for sure. If they are holding then thats good. If they are transacting then its better too.

That's very correct, it's all like a circle of balance that's need to be implaced, the two parties needs to be active in buying, selling and also holding to keep the whole ecosystem stable. It's just like the demand and supply chain, the two needs to be there for things to go smoothly. And that's why the people that transact with Bitcoin daily and those that hold are all of great importance for the survival and for Bitcoin staying at the top of the market rate .

bettercrypto

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After 15 years of bitcoin, do you think there are only a few bitcoin enthusiasts? At this time in the world, there are many bitcoin fanatics, but it can be said that it is still not enough to say that everyone knows Bitcoin, and the majority are still negative thinkers on Bitcoin because they still think it is a scam, even though it really isn't.

Although we hope that all people around the world will recognize and realize in the future the beauty and opportunity that bitcoin can provide to everyone who believes in it, even in cryptocurrency,.

Pmalek

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Quote from: Troytech on January 14, 2024, 05:52:52 AM

With every news concerning development of new technologies in the blockchain and bitcoin gaining ground in the world, even now big companies like Blackrock have now gained interest in bitcoin. Meaning that the big players have now seen the same glimpse of light that we saw in bitcoin either as a real valued asset or as a good replacement to fait currency and centralization.

I wouldn't compare Blackrock with the early Bitcoin developers and holders and the reasons they got involved in this technology. Early adopters wanted an alternative, so they created a currency that anyone can use without requesting permission of a third party. Blackrock is an investment company. It's a cold-hearted business strategy to get involved with Bitcoin. They don't care about it nor will they be holders. They are trying to acquire more USD with a business that is booming. If they could profit more from destroying Bitcoin, believe me that they would try.

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Quote from: Troytech on January 14, 2024, 05:52:52 AM

I'm not saying anyone should go on start telling people about how much bitcoin they have accumulated, all I'm saying is start your own bitcoin journey if you haven't, stop praying for good things when your not planning on beign a partaker

Why is this looking like a Newspaper? Undecided

Next time, you should summarize your message without writing an episode or you can break it into paragraph so that viewers will have it interesting to read and they can quote where they want to reply without quoting the entire text you submitted.

You can't force people to do what they don't want to do, even if you shout from now to tomorrow, believe not everyone will buy bitcoin. Some of them are shouting Bitcoin adoption so that their altcoins bags can squeeze in for the normal rally of bullrun, that's the only reason some want this adoption so badly. Some of them don't even care if bitcoin grow in value and then fall again, as long as their bags are pumping, then they are good to go.

You can also tell people to buy which they could do as you say but growth might not come as you expected because they don't have what it take to move Bitcoin price. In as much individual effort can push a mountain, I think we need people that have this money to adopt Bitcoin so that we can see this growth massively, the are the one can do it with huge demand.

lizarder

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Quote from: Troytech on January 14, 2024, 05:52:52 AM

I'm not saying anyone should go on start telling people about how much bitcoin they have accumulated, all I'm saying is start your own bitcoin journey if you haven't, stop praying for good things when your not planning on beign a partaker

Because they don't have a lot of financial resources, people decide to use the DCA pattern to invest regularly and only in this way can people add to their portfolio of bitcoin assets. It's different when people have the ability to accumulate large amounts at once and it might be much easier for them to add to their portfolio in a short time at much cheaper accumulation conditions. But when it comes to not having many opportunities, people have to take advantage of the existing potential and DCA is the easiest way to continue collecting regularly.

The problem lies not in the amount of accumulation but rather how someone can take advantage of opportunities and perhaps the method taken can be adjusted to each individual's abilities. This part needs to be taken because when opportunities exist but are not utilized then we lose everything.

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Quote from: Rockstarguy on January 17, 2024, 10:14:38 AM

Quote from: FanEagle on January 17, 2024, 08:48:46 AM

"Start" is an understatement, people should already have some bitcoin that they are holding at this point and if they are not, they are a little late. But you know the saying, the best time to plant a tree is 20 years ago, second best time is now, so I do agree that people should start holding some right now. I get that it's not going to be all that easy, and I get that we are not going to get anything major, but we should be considering the situation to grow as much as we can.

I understand that we are not going to be all that crazy, and we should be considering the deal to get better. Just buy as much as you can afford to lose, and hold it as long as possible to make this money, it will definitely good for you without a doubt.

The best time to start is now because time does not wait for anyone land since the price of bitcoin is increasing and we all know where the market is heading to, it is important to start hodling and never to Procrastinate. It feels so regrettable when one misses the opportunity of not hodling Bitcoin. Since the price of bitcoin increases with time, it is important too to always consult time and value time because when it is gone you can't get it back. To me or those who haven't buy bitcoin to hodl and they are still confused if it is the right time to buy bitcoin. I don't think buying bitcoin to hodl now is a wrong decisions, buying to hodl is good because the market price will go beyond this price.

At this time people just need to buy with amount they can afford to lose, and not to invest with a greedy mindset to get all the profits or to make money quick from bitcoin.

At some point, I am beginning to get tired of telling people when to buy bitcoin and how much percentage of bitcoin they should buy on the go, bitcoin at the moment is the most suitable and accurate investment if one want to take advantage of the present future market conditions, most especially when the bitcoin halven cycle happens, majority of the newbies may tend to miss this chance due to their fear to go all in when the opportunity present itself just like this time that bitcoin is relatively at a discount price even though the price ia not at it low atage right now.

Instead of getting distracted with all the hype around altcoins, it better to concentrate on bitcoin and try to accumulate whatever amount we can at a regular basis so as not to over burden our investment inflow which surpose to be our free cash flow or leftover funds.

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Quote from: Troytech on January 14, 2024, 05:52:52 AM

The reason I'm writing this post is to urge everyone and to remind everyone why we are really bitcoin enthusiast. There is no point in praying and speaking about mass adoption if you are not hodling bitcoin, because this same event that would bring huge success to some would also be a catastrophic event to others. And what I mean by catastrophic is the huge regret they are going to face not taking action towards acquiring bitcoin. I know many persons have a million excuses why they haven't started their bitcoin journey yet. But why would you be in this forum and still have such excuses, why are u interested in bitcoins latest news and not acquiring some for yourself?, how do you claim to have faith in bitcoin and not show your faith by taking steps to aquire bitcoin?. What I'm saying i simple don't just be a bitcoin talker also be a bitcoin holder, don't have a the information about bitcoin and there is none in your wallet, stop preaching bitcoin when you don't really believe in it cause if you did then u would have some.

We are the front row in this Bitcoin journey and I believe as members of this forum we should not just be people who are more active talking than in our actions. For all forum members who have been here for a long time, It is expected to have some amount of Bitcoins in Hodling because of how important it is. Hodling bitcoins is difficult for some people because they do not have a good stable source of income, fix this, by getting more source of income by maybe increase your services, or trying out another business.

ancafe

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Quote from: Troytech on January 14, 2024, 05:52:52 AM

Let every bitcoin enthusiast change their mindset today and join the winning side the bitcoin hodlers.
As for me I was once a bitcoin talker but right now I've taken my stand amongst the hodlers. I've taken my first step to aquire my first 10$ worth of bitcoin, I'm not earning much but I plan to consistently invest in Bitcoin so incase bitcoin enters its next phase of bull run, I would also run with it. Don't procrastinate this year. Start Hodling.

I'm not saying anyone should go on start telling people about how much bitcoin they have accumulated, all I'm saying is start your own bitcoin journey if you haven't, stop praying for good things when your not planning on beign a partaker

This is the featured sermon this week where the narrative about how much bitcoin you have is the conclusion of the many discussions described above. You don't need to reveal the amount of bitcoin holdings to other people because investments are confidential between ourselves, bitcoin has a growing adoption rate and now many people may have held a certain amount of bitcoin. Although it is not comprehensive for the level of adoption per individual worldwide in terms of approaches with bitcoin.

Praying for something without doing anything is also a lie because we are told to try and be accompanied by prayer in doing it. If today we haven't taken part in investing in Bitcoin, then when will we be able to see that Bitcoin can provide something truly extraordinary? Make a decision now and make purchases according to the money you have because I am sure we will face the next ATH in the future.

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Quote from: FanEagle on January 17, 2024, 08:48:46 AM

"Start" is an understatement, people should already have some bitcoin that they are holding at this point and if they are not, they are a little late. But you know the saying, the best time to plant a tree is 20 years ago, second best time is now, so I do agree that people should start holding some right now. I get that it's not going to be all that easy, and I get that we are not going to get anything major, but we should be considering the situation to grow as much as we can.

I understand that we are not going to be all that crazy, and we should be considering the deal to get better. Just buy as much as you can afford to lose, and hold it as long as possible to make this money, it will definitely good for you without a doubt.

The best time to start is now because time does not wait for anyone land since the price of bitcoin is increasing and we all know where the market is heading to, it is important to start hodling and never to Procrastinate. It feels so regrettable when one misses the opportunity of not hodling Bitcoin. Since the price of bitcoin increases with time, it is important too to always consult time and value time because when it is gone you can't get it back. To me or those who haven't buy bitcoin to hodl and they are still confused if it is the right time to buy bitcoin. I don't think buying bitcoin to hodl now is a wrong decisions, buying to hodl is good because the market price will go beyond this price.

At this time people just need to buy with amount they can afford to lose, and not to invest with a greedy mindset to get all the profits or to make money quick from bitcoin.

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Quote from: ImThour on January 14, 2024, 07:28:53 AM

Quote

remind everyone why we are really bitcoin enthusiast

Everyone here is a Bitcoin Enthusiast however that doesn't simply make them Bitcoin investor or HODLer. One can have interest in something and they won't be financially invested into that for sure. That's the same case with Bitcoin. People will buy Bitcoin and may sell however HODLing is difficult. Not every Bitcoin Enthusiast can HODL. And they might need to see a full 4 year cycle in front of their eyes before they believe in HODL.

You said my mind as well, it is all about investment, and this is not one kind investment from the heavens, but just like any other asset, you buy, you sell, you HODL if you want, or do otherwise as you please. All that matters is for you to get fully informed about Bitcoin, you can then do it as you like, there is no compulsion here as some would make it look. Like me, I have my own plans for my Bitcoin, there are some that I will continue to HODL, maybe 25-30% of my entire coin, but in 2025, about 70% of it will be liquidated, that is the gist, others could have their own plans, but mustn't be to HODL forever, flexibility is needed all the time.

It is even wise to liquidate it at a high price and repurchase it at a low price, which I see as a smart investment plan. Such people that will be HODLing it forever will not be able to do that, and without any controversy, that is the smartest way I know in trading and investment and will help people that do that in a matter of years to have made multiples of what the HODLers would have made. Isn't that smartness judging by the bearish and bullish seasons that Bitcoin is popular with?

FanEagle

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"Start" is an understatement, people should already have some bitcoin that they are holding at this point and if they are not, they are a little late. But you know the saying, the best time to plant a tree is 20 years ago, second best time is now, so I do agree that people should start holding some right now. I get that it's not going to be all that easy, and I get that we are not going to get anything major, but we should be considering the situation to grow as much as we can.

I understand that we are not going to be all that crazy, and we should be considering the deal to get better. Just buy as much as you can afford to lose, and hold it as long as possible to make this money, it will definitely good for you without a doubt.

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Quote from: blckhawk on January 14, 2024, 06:52:59 PM

Profound but I'm telling you that people that are talking about mass adoption are long term bitcoin hodlers so they know what they're about when it comes to mass adoption and there's no way that someone's believable if they're not fully into it in the first place right? I wouldn't want a revolutionary talking about bitcoin or cryptocurrency being liberating against the oppressive financial institutions when they don't have any bitcoins in their name, that's hypocritical and goes to show where you really stand and what you are as a person.

There are people who do not own any fractions of bitcoin, but they are damn happy when bitcoin price increases;
There are people who do not own any fractions of Bitcoin, but they are happy when anyone wins a bitcoin suit against the government;
There are people who do not own any fractions of Bitcoin, but they know much about Bitcoin.
There are people who do not own any fractions of bitcoin, but they are praying for global adoption

As of OP, HODLING is not the purpose Satoshi created bitcoin, rather he made bitcoin for it to be a currency and not an investment assets. So, HODLING shouldn't be the ultimate of bitcoin. I would love and praise a bitcoiner who bough a car with bitcoin rather than the other who is HODLING 5BTC

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Congratulations if you have invested in Bitcoin with your $10. You can continue to buy Bitcoin regularly using the DCA method. That method gives opportunities to people who don't have a lot of money. And as they have done, you can also have a lot of Bitcoin if you also buy Bitcoin regularly.

Starting to buy more satoshis and holding them is better to do before things change. And let it be if there are still people who don't believe in Bitcoin. They will only be sorry to see that we can profit from Bitcoin. This adoption process will continue and be even better than before. More and more people and companies will buy Bitcoin too.

Those who still refuse to invest in Bitcoin, citing many reasons, will not be able to get the benefits. They will only continue to argue that they are not ready to start investing in Bitcoin. It's best to just leave people like that alone and better focus on our investment in Bitcoin. We show them the changes we get by investing in Bitcoin and let them see for themselves.

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Quote from: Mpamaegbu on January 16, 2024, 05:56:35 AM

Many Bitcoin fans will miss that part, even those here who've heard us preach "buy, accumulate and hodl". It will feel like a nightmare to these ones when bull rally begins. That moment is almost here upon us. It's looking like nothing much will happen in price of Bitcoin now but just wait and see what happens a few months down the line. Only those who've positioned themselves will feel the glorious moment, and not those who FOMO it but don't have any. It will be a sad experience for anyone here who won't hodl when the time comes. No one needs to hold 1 BTC if they can't afford it but just make sure to hodl a bit of it. Who knows, this halving might be the last time Bitcoin will have a geometric leap as that might change once there's regulation.

Perhaps we are waiting for a final correction before the halving, or maybe not, no one can answer this question for sure, but I agree that a real bullrun should begin this year, perhaps in the fall. But if someone still doesn’t have Bitcoin in their portfolio and is waiting for some miracle that Bitcoin will go to 10k, then I’m not sure that this will happen, and if something like that happens (not necessarily before the price of 10k), then act It will be needed very quickly, and I’m also not sure whether at this moment they will give someone the opportunity to buy something.

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Quote from: Troytech on January 14, 2024, 05:52:52 AM

And I think that everyone is so hooked up on the next big news of mass adoption without even knowing that this news would only favour one set of bitcoin enthusiast the "hodlers"

Many Bitcoin fans will miss that part, even those here who've heard us preach "buy, accumulate and hodl". It will feel like a nightmare to these ones when bull rally begins. That moment is almost here upon us. It's looking like nothing much will happen in price of Bitcoin now but just wait and see what happens a few months down the line. Only those who've positioned themselves will feel the glorious moment, and not those who FOMO it but don't have any. It will be a sad experience for anyone here who won't hodl when the time comes. No one needs to hold 1 BTC if they can't afford it but just make sure to hodl a bit of it. Who knows, this halving might be the last time Bitcoin will have a geometric leap as that might change once there's regulation.

Sim_card

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It is believe that believe in bitcoin that will go extra miles to make sure that they buy and hodli bitcoin, and it is not everyone that will adopt bitcoin. This is because some people don't like it, because it is not from the government and they believe that it will fail someday. It is members of this forum that can make that decision for themselves either to buy and sell when they have little profit or buy and hodli for a very long time. Everyone that has bitcoin here have their own reason why they bought bitcoin. I doesn't really mean that everyone that have bitcoin must hodli. I still believe bitcoin will not be able to replace fiat like you stated in your thread because of it volatile nature a d it is not from the government. If you want to buy bitcoin and hold, then you must have your emergency funds and reserve funds for your monthly expenses. Anyone without these will not be a good holder.

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We still need both ways: circulation and holding. The former one keeps the liquidity pool active and there is enough volume for us to work with daily transactions. This could be from exchanging Bitcoins to selling or buying them directly on an exchanger or from peer. The later one is needed so that there will be resistance pressure building everywhere. You see the game of financials run with these two parameters. If not then ecosystem of Bitcoin can crumble real bad. Imagine if no one is holding then Bitcoin being publicly active might just not become resistant due to its high volatility. So at some point we need that pressure for sure. If they are holding then thats good. If they are transacting then its better too.

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Quote from: abel1337 on January 15, 2024, 04:44:50 AM

Quote from: rodskee on January 15, 2024, 01:22:58 AM

Quote from: Troytech on January 14, 2024, 05:52:52 AM

I'm not saying anyone should go on start telling people about how much bitcoin they have accumulated, all I'm saying is start your own bitcoin journey if you haven't, stop praying for good things when your not planning on beign a partaker

That's it , people keep talking about bitcoin here and there actually even in this forum there
are lots of talk that we need to Buy and hold bitcoin but ask them how much bitcoin they owned for
sure their answers are just fake because the truth is they even choose to buy and hold shitcoins t
han bitcoin because they do believe in easy money than a working proress.

Buy bitcoin now and thank us later guys , be a HODL even with small amount to start with.

I believe that majority of people in the cryptospace are here for profits, no wonder why there are still people who choose to risk on shitcoins that are proven to be trash and unsustainable, it is just because the profit potential they can get holding or trading it is much much better than holding bitcoin. It's their money and life, we can't do anything about their investment. The best thing we can do when they somehow failed is to help them recover and educate them well on things that they should be doing.

I don't know what coins your definition of shitcoin includes, but if you want to say that all altcoins are shitcoins and trash then I would disagree. I completely agree that bitcoin is the best coin we have, but stubbornly investing only in bitcoin while ignoring many potential altcoins is not necessarily a good thing when it comes to profits. I don't know what the future will be for altcoins like ETH, BNB, SOL, DOGE...but they brought me huge profits many years ago and I believe they will continue to bring great profits significantly higher than bitcoin during next bull run. We should have the majority of bitcoin in our portfolio but it would be a waste not to have any potential altcoins.

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Quote from: moneystery on January 15, 2024, 07:32:54 AM

Quote from: tabas on January 15, 2024, 05:26:29 AM

....
Yes, that's what the end goal is for most of the long term holders. It is no longer a secret that in the long run, we're going to see higher price of Bitcoin and that's why it is the thought that many likes to see happen even before. The mass adoption will drive the prices up as the demand is going to keep up with it as well. Whether some people like it or not, mass adoption is one the key contributors for Bitcoin's massive growth.

most long-term holders certainly have expectations that mass-adoption of bitcoin will occur in the future, but the strict regulation of bitcoin by the government and with the launch of the bitcoin etf which is an alternative investment in bitcoin, it seems that mass adoption of bitcoin will take more time to come true.

I think that it is to anticipate that if there are some forms of negative actions from the governments, there are also the positive ones like this Bitcoin spot ETF. As for the mass adoption, it is happening but we just have to calm down and don't rush on the actual effect of it. It is going to be gradually be seen within the next months or even a year but by that time, it's with the effect of halving too.

Quote from: moneystery on January 15, 2024, 07:32:54 AM

especially the issue of fees and networks which are often congested, these things hinder the mass adoption of bitcoin in the future and make long-term holders need to be patient to get the profits they want.

Well, that's one problem but we've got that problem even before but it is going to be good sometime in the nearest future. What we can be happy is that we've survived the times that when there have been a lot of FUDs that were in the media, the highest transaction fees and right now, we're starting to see some drop from it.

Topic: Don't only pray for mass adoption, start HODLING!! (Read 492 times)