Topic: Easy to say but hard to make it real in the future. (Read 364 times)
Op wetin you do dey right,I no fit get moni con go borrow moni,things are not done that way.The thing be say if u wan go into any investment bitcoin to be precise,first make sure you dey financial stable or even if you no dey financial make sure you dey receive cash flow from other source of income in order not to intrude your investment goals.Those people wey dey hold for 5-6 years they were prepared.But since you say you make profit of $25k it's okay because the sole aim of every investment na to make more profits.
Op for me investing and holding is very good mostly when one has a target but the target should not override your life and good health because is only who is alive that will enjoy investment. From your challenges once life has gotten to the stage of begging before you eat it's no longer encouraging, though one must pass through pains to achieve in life but since the investment has yielded some profit it's most preferable to sell parts and use it strategically on something that can be of daily sustainable income and plan to buy back when at dip from the one you sell it will give you what to take and encouraging your next investment to the targeted period of time.
I promise myself that I will hold my coins till the price of BTC reach $100k before I will think of releasing the coins to the market to make some millions, but over one year and some months now the price don't want to reach $70k or $100k, and I feel like selling the coins to solve some issues in this current price $25k.
Bitcoin have failed to meet up the total all round analysis of pro traders in the market. We have been doing exceptionally well in the system, understands how to comprehend the system and making good streams for profit flowing in and out. You can be patient but at the same time, thoroughly monitored yours Stop Loss because it's one of the options that most traders prevent from happening. This will results in portfolio liquidation and it will rule out the top goals. 
I promise myself that I will hold my coins till the price of BTC reach $100k before I will think of releasing the coins to the market to make some millions, but over one year and some months now the price don't want to reach $70k or $100k, and I feel like selling the coins to solve some issues in this current price $25k so that my neighbors will not laugh at me and my family because, I hat begging people to borrow money to solve problems than to use what I have at the moment to solve it. Well, if I sell the BTC now I will not regret because I bought the BTC when the price was $20k last year, and if I sell now at least I have little profits to make to solve the problem because there will surely be another bear to buy and hold again. I was told that some people have been holding BTC over 7 or 8 years for the price of BTC to reach a particular price of their choice before they can sell, does it mean they don't have issues to solve by selling their BTC? Or they have other way to get the money to solve the issues without selling their BTC? because it hard me to hold long like one year when there are some important things to buy.
Not that I don't make profits when I hold, but to hold for that particular price to come to pass is the major challenge to me, can you share your idea on how to make it real in the future for that your target price to come to pass, so that people that are facing the same problem like me will learn.
It's a good thing you even have an investment to look forward to, but am sure that it's because your mind is there, that's why your family issues are compounding, so much so that you can just take the easy way out, and that's to withdraw or cash out your investment prematurely inorder to meet these needs. Not that I don't make profits when I hold, but to hold for that particular price to come to pass is the major challenge to me, can you share your idea on how to make it real in the future for that your target price to come to pass, so that people that are facing the same problem like me will learn.
Am quite certain that when you do infact withdraw the investment you have kept for long now, it would be hard to do it again.
The best advice is to find a source of income that can meet your needs for now so you don't dip your hands into the funds, you can also decide to withdraw some of it, not all, to solve the most important needs. In addition, diversifying your portfolio to trade shitcoins could help secure profits immediately, that's if you do know how to trade or have great friends or a good broker who is a professional in this regard.
I promise myself that I will hold my coins till the price of BTC reach $100k before I will think of releasing the coins to the market to make some millions, but over one year and some months now the price don't want to reach $70k or $100k, and I feel like selling the coins to solve some issues in this current price $25k so that my neighbors will not laugh at me and my family because, I hat begging people to borrow money to solve problems than to use what I have at the moment to solve it. Well, if I sell the BTC now I will not regret because I bought the BTC when the price was $20k last year, and if I sell now at least I have little profits to make to solve the problem because there will surely be another bear to buy and hold again.
You are lucky to have an investment that you will use to solve your challenges. I cannot encourage you to borrow or beg when you have the means to address the situation yourself, borrowing or begging will be embarrassing. I understand your worried is to meet up with your target, your goal is to achieve $100k so that you can make a lot of profits before you start releasing your bitcoin. Since you already know that begging or borrowing will disappoint you, so I think the $5k you made isn't a bad profit. Instead, sell it and start making plans for the future. DCA strategy will cover you to meet up again.
However, make sure you have a backup source of income so that you won't have to rely on your Bitcoin investment in the event of problems because long-term investors typically make more profits than short-term ones.
If you are investing, you have to take your eyes off of it and prevent anything that may distract you during the process, such as borrowing money to invest and always invest what you can afford to lose.
I was told that some people have been holding BTC over 7 or 8 years for the price of BTC to reach a particular price of their choice before they can sell, does it mean they don't have issues to solve by selling their BTC?
Investors who have been holding bitcoin for more than a year also have challenges to deal with, just like you do. However, from what I've observed, most investors look for ways to make money so they can use it to handle problems as they come up, without having to touch their bitcoin investment, which is how you make it to last for a long time investment. 
I promise myself that I will hold my coins till the price of BTC reach $100k before I will think of releasing the coins to the market to make some millions, but over one year and some months now the price don't want to reach $70k or $100k, and I feel like selling the coins to solve some issues in this current price $25k.
Na who there alive dey there keep coin's, and they said a man proposed but God disposed, so you too don't aspect that the problems will come on top of your head right now, and since problems have come and you don't have any alternative to solve the issues, it is for you to take what you have, because no one can hide the food in the present of hunger. Since you bort Bitcoin at a rate of $20k, and now Bitcoin is currently trading at $27k, at least you make a profit.Na true talk u talk so, na person wey dey alive dey think about tomorrow, just as u talk, e get as problem go hit person, person no go get choice than to use e life savings carry solve that problem if not person fit die because of the problem and make we no dey use big eye dey kill ourselves because say things no dey go as we plan, forgetting say everything wey dey happen for life na God permission, if e no permit, our effort na e vain, so mk we dey do things dey also get alternative incase one disappoint, although e dey easy to say something and e also dey easy to make am mk e happen but na just because say we no dey control of ourselves, something's wey we dey talk and e dey happen just like that, na just because say e dey online with God own, na e mk we dey always pray mk e will be done in our life, so make we plan today and leave tomorrow mk tomorrow plan itself.
Bitcoin price is not permanent and e dey go up dey come down so wetin I wan make una understand for the price of bitcoin is that the price of bitcoin dey falls when investors no come in for the matter, op if you wan keep your bitcoin make the thing increase the wey you want is okay, but the thing is that some people wey dey keep their coin dey make better profit in time coming but some people no dey talk am out when dey make profit for long stay of holding coin until bull market meet am
Wetin u talk na true, na just the best option, because Bitcoin no be wetin person fit predict, but before person go say e won become investor mk e first know the risks about the stuff because it requires a lot of patience and e dey very good to control ur emotions should incase person encounter lost and also to know the timing that is time wey u fit withdraw or invest because person fit comot, wen the coin still rise or vice versa etc. so e dey very essential to know about BTC first.
Getting familiar to what you are investing on should be the first thing an investor should do. Crypto generally isn't for the children and the lazy type. Although it may be a way for one to make it in life if done right. At the same time it may lead to the opposite side. How you want crypto to work for you depend on your attitude towards it. Investing in crypto because you hear people investing in it isn't a right decision. Your knowledge about it should come first and will help you alot in achieving success.
Bitcoin price is not permanent and e dey go up dey come down so wetin I wan make una understand for the price of bitcoin is that the price of bitcoin dey falls when investors no come in for the matter, op if you wan keep your bitcoin make the thing increase the wey you want is okay, but the thing is that some people wey dey keep their coin dey make better profit in time coming but some people no dey talk am out when dey make profit for long stay of holding coin until bull market meet am
Wetin u talk na true, na just the best option, because Bitcoin no be wetin person fit predict, but before person go say e won become investor mk e first know the risks about the stuff because it requires a lot of patience and e dey very good to control ur emotions should incase person encounter lost and also to know the timing that is time wey u fit withdraw or invest because person fit comot, wen the coin still rise or vice versa etc. so e dey very essential to know about BTC first.
How are we sure say some people dey hodl their btc for that long?
It's really possible my guy say people dey hodl their BTC for that long, because it's not compulsory say person gats to own a whole full 1 BTC, before it could be regarded as such, because even if na mBTC (i.e 0.001BTC), and you can hodl it for 4 to 5 years, it's still something Quote
Even if there people who hodl that long, na how many percent of people?
I don't think there is any statistics to show how long a BTC have been hodl before releasing back to the market, but even if it's still 0.1% of the total Bitcoin in circulation, then that means it's still something.Quote
Moreover no be individuals wey still dey find wetin dem go eat dey try that. Most hodlers for that long na institutions, big boys like Elon musk dem and that level of people wey no need money for anything but you wey need money, abeg sell your coins take solve your problem except no be pressing need after all you buy am for profit and if you don already make profit den you no dey lose . However, na bull run dey come so, e depends on your neeed.
Yes, na true talk you just talk so my guy, because one thing I always believe be say as long as there is life, there is hope, and for that reason, for the fact that you want to make millions from next bull run don't mean you should ignore solving pressing issues affecting you and your family, as there is always an opportunity for those who don't give up in this life. 
I was told that some people have been holding BTC over 7 or 8 years for the price of BTC to reach a particular price of their choice before they can sell, does it mean they don't have issues to solve by selling their BTC? Or they have other way to get the money to solve the issues without selling their BTC? because it hard me to hold long like one year when there are some important things to buy.
Not that I don't make profits when I hold, but to hold for that particular price to come to pass is the major challenge to me, can you share your idea on how to make it real in the future for that your target price to come to pass, so that people that are facing the same problem like me will learn.
How are we sure say some people dey hodl their btc for that long? Even if there people who hodl that long, na how many percent of people? Moreover no be individuals wey still dey find wetin dem go eat dey try that. Most hodlers for that long na institutions, big boys like Elon musk dem and that level of people wey no need money for anything but you wey need money, abeg sell your coins take solve your problem except no be pressing need after all you buy am for profit and if you don already make profit den you no dey lose . However, na bull run dey come so, e depends on your neeed.
Well, everybody no be the say, no mean say wating you no fit do, another person no go fit do am also, although, the economy they very hard but some people way they do better jobs and them they receive N900,000 to million naira every month, those set of people fit hold their coins for long because their own problems no be wating them go chop or clothes way them go buy.
Some of this common men, the things way they make them to sell their coins nah food to chop and shelter no they, but if them get better job all those things no go be their problems and them go fit hold their coins for long period of time, hope say you get my point?
I was told that some people have been holding BTC over 7 or 8 years for the price of BTC to reach a particular price of their choice before they can sell, does it mean they don't have issues to solve by selling their BTC? Or they have other way to get the money to solve the issues without selling their BTC? because it hard me to hold long like one year when there are some important things to buy.
Not that I don't make profits when I hold, but to hold for that particular price to come to pass is the major challenge to me, can you share your idea on how to make it real in the future for that your target price to come to pass, so that people that are facing the same problem like me will learn.
How are we sure say some people dey hodl their btc for that long? Even if there people who hodl that long, na how many percent of people? Moreover no be individuals wey still dey find wetin dem go eat dey try that. Most hodlers for that long na institutions, big boys like Elon musk dem and that level of people wey no need money for anything but you wey need money, abeg sell your coins take solve your problem except no be pressing need after all you buy am for profit and if you don already make profit den you no dey lose . However, na bull run dey come so, e depends on your neeed.
I promise myself that I will hold my coins till the price of BTC reach $100k before I will think of releasing the coins to the market to make some millions, but over one year and some months now the price don't want to reach $70k or $100k, and I feel like selling the coins to solve some issues in this current price $25k.
Na who there alive dey there keep coin's, and they said a man proposed but God disposed, so you too don't aspect that the problems will come on top of your head right now, and since problems have come and you don't have any alternative to solve the issues, it is for you to take what you have, because no one can hide the food in the present of hunger. Since you bort Bitcoin at a rate of $20k, and now Bitcoin is currently trading at $27k, at least you make a profit. 
Bitcoin price is not permanent and e dey go up dey come down so wetin I wan make una understand for the price of bitcoin is that the price of bitcoin dey falls when investors no come in for the matter, op if you wan keep your bitcoin make the thing increase the wey you want is okay, but the thing is that some people wey dey keep their coin dey make better profit in time coming but some people no dey talk am out when dey make profit for long stay of holding coin until bull market meet am
Quote from: Davidvictorson
Omo my candid advise to you is to sell your bitcoin and resolve whatever issue you have to fix.
i don solve d problem with small money I make from BTC but am not too happy about d price I take sell because my mind na $100k I dey wait make d price reach before I go sell. Who no whether d problem for put me to police cell because I dey fear police cell well well assume I no sell d BTC, infant am very happy dat I solved d problem without 2 ear hear the matter for our compound. Quote from: Mayor of ogba
I know you are afraid if you sell your Bitcoin now it might go up to $30k in the next 2 months.
no, I'm not afraid of $30k because I no say d price go reach $100k or $90k be4 d end of 2025 which was my worry wen I was about to sell d BTC in d market, because many researchers has advise holders to do everything possible to maintain deir holding till d price reach $100k. 
I know you are afraid if you sell your Bitcoin now it might go up to $30k in the next 2 months. Mate, if you have a problem and you think only selling your Bitcoin holding will solve the problem for you go ahead and sell it to sort yourself out, and do not borrow money when you have an alternative. It is never too late for you to buy another bitcoin before the next bitcoin halve will start. Remember
say na who dy life go sell bitcoin when e reach $100k next year o. Those who held Bitcoin for 7-8 years have understood Bitcoin fundamentals deeply so temporary price drops do not scare them into selling low. Investing with the DCA strategy has helped them to reduce the effects of volatility. Also, they don't depend on the Bitcoin investment they made to survive, they have other means of earning money in real life.
say na who dy life go sell bitcoin when e reach $100k next year o. Those who held Bitcoin for 7-8 years have understood Bitcoin fundamentals deeply so temporary price drops do not scare them into selling low. Investing with the DCA strategy has helped them to reduce the effects of volatility. Also, they don't depend on the Bitcoin investment they made to survive, they have other means of earning money in real life.
I was told that some people have been holding BTC over 7 or 8 years for the price of BTC to reach a particular price of their choice before they can sell, does it mean they don't have issues to solve by selling their BTC? Or they have other way to get the money to solve the issues without selling their BTC? because it hard me to hold long like one year when there are some important things to buy.
Not that I don't make profits when I hold, but to hold for that particular price to come to pass is the major challenge to me, can you share your idea on how to make it real in the future for that your target price to come to pass, so that people that are facing the same problem like me will learn.
Dis matter wey you wan solve dey straight forward becus anyone who wan to buy and hold bitcoin for longer time need to get another way of getting money and go dey use the money solve some issue that need to be solve. If you truly want to hold Bitcoin you need to cut down your expenses in other to achieve your desirable Not that I don't make profits when I hold, but to hold for that particular price to come to pass is the major challenge to me, can you share your idea on how to make it real in the future for that your target price to come to pass, so that people that are facing the same problem like me will learn.
It is better to sell your bitcoin if you are in need of money. Just be hopeful for a better future. You can not have money and be borrowing
Na matured advice na im you give di OP, because na who de alive and wey no get high blood pressure, na im go live to enjoy return on investment. Di reason why we de invest in bitcoin or any oda businesses na to make profit and conveniently spend am on our future needs. Aldo we fit plan say make our bitcoin investment accrue plenty profit before we go sell am, but e get di kind emergency need wey fit happen and wey go require urgent money to solve am. In dat kind scenerio, if no oda possible means de to raise di money, di wisest thing na to sell dat your bitcoin sharpaly to solve di important and urgent matter.
Aldo I feel say to borrow no bad if person get a reliable source of income to repay back, so far say wetin im wan use di money do de reasonable, unless say im no get hope of repayment Diafo you e no de necessary to touch your bitcoin investment, wey you never plan to sell, to sell am and solve problem, when you get alternative to raise from oda sources, including borrowing. To sell di bitcoin solve problem suppose be a last option wen oda means no work.
When you have money invested in Bitcoin, it is not supposed to make you suffer. That is why people often say, only invest money you can afford to lose, money you can afford to risk, and money you won't need for several years until you reach your goal. I am aware that people earn differently and are wealthier than one another. What I can invest for a long time cannot be the same as what my neighbour can do because we do not earn the same amount or have the same personal issue that requires money to be resolved.
The greatest thing you can do is sell your Bitcoin and utilise the money earned to solve your problem. Only a healthy and steady individual can stay in bitcoin to watch their assets develop; a distressed or weak individual cannot. At the very least, you haven't lost any money because you purchased at a cheaper price than this. Simply take care of your finances and plan accordingly how to invest it, even if it is little by little, rather than pouring everything into it and then withdrawing part to deal with personal problems.
The greatest thing you can do is sell your Bitcoin and utilise the money earned to solve your problem. Only a healthy and steady individual can stay in bitcoin to watch their assets develop; a distressed or weak individual cannot. At the very least, you haven't lost any money because you purchased at a cheaper price than this. Simply take care of your finances and plan accordingly how to invest it, even if it is little by little, rather than pouring everything into it and then withdrawing part to deal with personal problems.
As the Bitcoin investment d so, no go invest what you can't bargained for, all because sae you d aim to make millions out of your investment for bitcoin(you go know how much you go invest for bitcoin before em go give you some millions). When you get such mindset, there's a possibility that you go fit invest with the amount you can't afford to lose and that one go big issue give you when your intention of investing in bitcoin no work as you planned or take too long to come to fulfillment. Bitcoin investment is supposed to be done small small, as you spare money d come your hand so.
Another thing be sae, most of us wey be bitcoin investors d aim to make big profits out of my investment for bitcoin someday but we d invest on bitcoin with our spare money, have some other savings and not fully dependent on bitcoin since the idea na for long term purposes.
OP investing for bitcoin na for the future and you have every right to sell it whenever you pleases without minding what your neighbor will think of you. The crypto market is open for peso to buy or sell bitcoin anytime em feel like
My advice be sae, no you do pass yourself when it comes for bitcoin investment. Have a side hustle that will be yielding you returns and invest with spare money cos this bearish market go fit be a long one wey go fit keep bitcoin fluctuating between the price of $25k-$35k to the end of the year.
Another thing be sae, most of us wey be bitcoin investors d aim to make big profits out of my investment for bitcoin someday but we d invest on bitcoin with our spare money, have some other savings and not fully dependent on bitcoin since the idea na for long term purposes.
OP investing for bitcoin na for the future and you have every right to sell it whenever you pleases without minding what your neighbor will think of you. The crypto market is open for peso to buy or sell bitcoin anytime em feel like
My advice be sae, no you do pass yourself when it comes for bitcoin investment. Have a side hustle that will be yielding you returns and invest with spare money cos this bearish market go fit be a long one wey go fit keep bitcoin fluctuating between the price of $25k-$35k to the end of the year.
I promise myself that I will hold my coins till the price of BTC reach $100k before I will think of releasing the coins to the market to make some millions, but over one year and some months now the price don't want to reach $70k or $100k, and I feel like selling the coins to solve some issues in this current price $25k so that my neighbors will not laugh at me and my family because, I hat begging people to borrow money to solve problems than to use what I have at the moment to solve it. Well, if I sell the BTC now I will not regret because I bought the BTC when the price was $20k last year, and if I sell now at least I have little profits to make to solve the problem because there will surely be another bear to buy and hold again. I was told that some people have been holding BTC over 7 or 8 years for the price of BTC to reach a particular price of their choice before they can sell, does it mean they don't have issues to solve by selling their BTC? Or they have other way to get the money to solve the issues without selling their BTC? because it hard me to hold long like one year when there are some important things to buy.
Not that I don't make profits when I hold, but to hold for that particular price to come to pass is the major challenge to me, can you share your idea on how to make it real in the future for that your target price to come to pass, so that people that are facing the same problem like me will learn.
Anyway, no body like to beg or borrow when them get, if at all say you invest upto 5 million when the price been dey for $20k I believe say naw way e done reach $25k plus you done make better profits, although say the economy of our country no balance to the way you go fit use your profits do better things but if at all your profit go go a long way for you if you use am Wella. Well, no be only you be the first person way sell im coins because of say no money, as you take talk, I belive say if you get cash you for no sell your coins, but as e Don be, e done be, no reason am, as long as say you no withdraw everything from your asset, live small and when you letter get money buy more because we get faith say Bitcoin go rise Wella.Not that I don't make profits when I hold, but to hold for that particular price to come to pass is the major challenge to me, can you share your idea on how to make it real in the future for that your target price to come to pass, so that people that are facing the same problem like me will learn.
Actually, everybody get problem, whether you get money or not, you get problem and that one nai make we dey call am life, but the thing way dey there be say if you get better job way they give you money constantly and the money dey fit reach you and your families feed, I believe say you go fit overcome plenty problems and nai make plenty investor dey hold their coin when them no dey sell am, and even you self the OP of this thread, if you dey in that good position you go still encounter problems too.
Jump to: