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Topic: getting back into the BTC game - page 2. (Read 1019 times)

hero member
Activity: 1050
Merit: 844
July 18, 2024, 12:09:51 AM
#69
Ever since Bitcoin was able to overcome the government obstacle and still manage to serve as a hedge fund during the world total lockdown that COVID-19 caused I don't think anyone that understands the concept of BTC will not be optimistic about its future not to mention the attention it gets from the world top investment firm.
From this pandemic, many people can actually learn very valuable lessons in their lives, where they can see that they can still rely on Bitcoin in conditions like that. Especially when conditions are much better like now, it can provide a fairly clear picture that Bitcoin can be a help for those who believe in it and for everyone who still has it today. So the concept is that apart from having trust in Bitcoin, there must also be learning to be able to understand the difficult conditions that we can still solve by relying on Bitcoin.
sr. member
Activity: 672
Merit: 337
July 17, 2024, 11:51:06 PM
#68
Update: The admins have decided not to restore my original hijacked account because they feel there is not enough evidence to do so.  Oh well.  I gave it a shot. 

Don't lose patience with this because if you are the original owner you will definitely get the account back. But you have to prove, really strong evidence will help you get the account.
member
Activity: 1165
Merit: 78
July 17, 2024, 09:45:30 PM
#67
I've been out of the crypto game for a few years now and I'm just now kind of dipping my toes into the water again.  Admittedly, I was a little angry when my original account on here got hijacked a few years ago and I wasn't able to get it back.  Oh well, water under the bridge, right?  Anyway, I just ordered a Trezor Safe 3 to start "hodling" again.  I've been reading different news sources about the future potential of BTC and it still looks pretty bright.  What is your personal view?  Are you still optimistic?  Riding the fence?  I'm curious.  Thanks.
Ever since Bitcoin was able to overcome the government obstacle and still manage to serve as a hedge fund during the world total lockdown that COVID-19 caused I don't think anyone that understands the concept of BTC will not be optimistic about its future not to mention the attention it gets from the world top investment firm.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
July 17, 2024, 07:14:06 PM
#66
I've been out of the crypto game for a few years now and I'm just now kind of dipping my toes into the water again.
The power of a positive mind, welcome back and hope you don't leave in limbo this time around especially that they say there is strength in numbers...we need everyone one put for the bullish pressure to happen if we all can buy BTC once In a while to make the difference Smiley


  Admittedly, I was a little angry when my original account on here got hijacked a few years ago and I wasn't able to get it back.  Oh well, water under the bridge, right? 
Issues of an account getting retrieved aren't difficult if you have some signed message somewhere and/or you can sign a message from one of your old addresses associated with the old account and you should be back on track...don't give up just yet!

Anyway, I just ordered a Trezor Safe 3 to start "hodling" again. 
It's not the wallet that makes you a Bitcoiner if having a hardware wallet makes you having that feeling, shoot for the star's Smiley

I've been reading different news sources about the future potential of BTC and it still looks pretty bright.  What is your personal view?  Are you still optimistic?  Riding the fence?  I'm curious.  Thanks.
Pretty bright indeed, institutional money keeps flowing in but seems tap is left open for some to siphone money out which is the only drawback for now...but this will go out way soon..
jr. member
Activity: 128
Merit: 2
July 17, 2024, 06:38:11 PM
#65
I can't tell for sure what the future holds, but I'm okay if the market stays a lot more stable, most people would be happy to make use of Bitcoin much more as a daily means for transferring money online and offline. Isn't that what the community wanted? Sure, I know some newbies would be feeling cheated if there's no other bull run taking place, but there are so many ways to make money in the crypto space instead of just waiting for an ATH price.
legendary
Activity: 1652
Merit: 1183
Top Crypto Casino
July 17, 2024, 06:27:23 PM
#64
With the potential of the Bitcoin I've already seen what I need to do, with this current state of the Bitcoin it is now widely accepting by the society can be use now as a payment for different goods, as a transaction and people seeing now Bitcoin as a salary. I have separate funds with the Bitcoin another asset for holding my coins and wait for the next halving and another asset of Bitcoin just for my daily investment like NFT and trading so I do not need to make a transfer to my single wallet every time. Bitcoin already shows it's potential from its recent years so why not keep trusting with his story is the reason I keep holding this coin.
copper member
Activity: 2086
Merit: 1759
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July 16, 2024, 07:59:10 PM
#63
Update: The admins have decided not to restore my original hijacked account because they feel there is not enough evidence to do so.  Oh well.  I gave it a shot.  
So sorry about the bad outcome, but what exactly did they say?

I believe you used your original email address to send them a message? That would partly be some useful evidence that you are the original owner of the account, and maybe your IP address logs from the previous years.

I still feel you shouldn't give up that easily, this guy did not, and he got his account back. Maybe make a case about this in Meta board as well.
jr. member
Activity: 28
Merit: 1
July 16, 2024, 07:14:19 PM
#62
Update: The admins have decided not to restore my original hijacked account because they feel there is not enough evidence to do so.  Oh well.  I gave it a shot. 
hero member
Activity: 812
Merit: 532
July 13, 2024, 03:50:23 PM
#61
Yes you are right it is smart choice to be careful when investing in Bitcoin. And to reduce risk keep Bitcoin in multiple wallets. If we have a lot consider a safe option like hardware wallet. But even with safe wallet we still need to be careful. Before investing we should take time to learn and understand the market. Some people might say to invest little at a time DCA but it's better to be cautious and avoid losing more money. Bitcoin price might drop even lower so it's important to wait for a better time to invest. But if we will use the DCA method so it is not important that where the Bitcoin is and what is the price of it.

Keeping Bitcoin in a hardware wallet isn't the only thing to look after, the back up seed phrase/ recovery phrase and the associated private keys is very important factor for safe wallet. I saw a post on X where a guy posted an advert for any person who saw his hardware wallet, he is offering to to give the person some amount and form the look of things, he didn't do a proper backup where his funds were kept else he would have just move the fund to another safe address instead of looking for the loss wallets and his house key.

DCA is one of the best and safe way to buy Bitcoin but the problem is not everyone has free money to buy consistently as the market drop, but if OP has the cash flow to buying as we dip, it will help him big time instead of buying at a spot when the next direction is not certain yet. But emphasis of wallet back up shouldn't be underrated.
sr. member
Activity: 826
Merit: 460
July 13, 2024, 08:36:47 AM
#60
I've been out of the crypto game for a few years now and I'm just now kind of dipping my toes into the water again.  Admittedly, I was a little angry when my original account on here got hijacked a few years ago and I wasn't able to get it back.  Oh well, water under the bridge, right?  Anyway, I just ordered a Trezor Safe 3 to start "hodling" again.  I've been reading different news sources about the future potential of BTC and it still looks pretty bright.  What is your personal view?  Are you still optimistic?  Riding the fence?  I'm curious.  Thanks.

1000x optimistic on the soundest money there is in the world. I am without a doubt convinced that we are going to see 1million / bitcoin within the next ten years mark my words. There is just no way that it isn't. Apart from wishful thinking what isn't appealing about being your own bank?
We haven't even touched $100k yet, so don't rush into a scenario where bitcoin will reach $1 million in the next 10 years. We don't have any evidence or data to guarantee that will happen. I'm not pessimistic, what I want to say is that we should not be too optimistic and unrealistic, this will cause many people to misunderstand.

The target we are aiming for is $100k and most people believe it will happen during this bull season. So OP is back at the right time and there is still time for him to start accumulating bitcoins before the rollercoaster starts.
Yes we here can only speculate without knowing what the future increase in the price of bitcoin will be like, I agree not to rush to give unnecessary assumptions that will later make a fuss. and to touch $ 100k I am still optimistic I do not doubt that, but if for $ 1 million it is still too far to hope in that direction, and who also does not want an increase in prices like that, if it happens it will be very happy who has invested in bitcoin.

So for now I will just enjoy the investment process that I have targeted for my long term. but when it comes to bitcoin, hope is still wide open to invest some of our money and get the benefits that we can take in the future, and look forward to the surprises that will occur later.
hero member
Activity: 2142
Merit: 594
July 13, 2024, 07:04:09 AM
#59
Op, welcome back! I hope your account recovery will be successful. As for Bitcoin, I don't think it's ever too late to return to it. As you can see, the price grew significantly over the years, and so did recognition of Bitcoin around the world. The fees are an issue occasionally, but there are also periods when they are very reasonable.
I'm still feeling good about Bitcoin, although I believe that our expectations should not be the way they were 7 or more years ago. Bitcoin can't grow 20x or 10x in one bull run anymore. But maybe it can grow 10x over a decade, we'll see. Right now, we're either still getting close to the bull run, or a very mild bull run is already behind us and there's a bear market ahead. It's hard to say in advance, but it will be clear in hindsight.
It's never too late to collect bitcoin is a very special sentence, today we are in a phase where institutions and governments are slowly entering the world of bitcoin, some other countries are still quite hesitant but I note that institutions are increasingly adopting bitcoin, as well as retail which is growing with the expansion of bitcoin and marketing by many market for bitcoin to reach more ordinary people.

yes we cannot expect to be 20x or more but we can see slowly bitcoin will experience growth even if only 1x 2x in each cycle, for the next decade I hope we are at the top of a very beautiful hope with bitcoin, never doubt bitcoin as a very promising investment asset.
legendary
Activity: 3150
Merit: 1392
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July 13, 2024, 05:13:18 AM
#58
Op, welcome back! I hope your account recovery will be successful. As for Bitcoin, I don't think it's ever too late to return to it. As you can see, the price grew significantly over the years, and so did recognition of Bitcoin around the world. The fees are an issue occasionally, but there are also periods when they are very reasonable.
I'm still feeling good about Bitcoin, although I believe that our expectations should not be the way they were 7 or more years ago. Bitcoin can't grow 20x or 10x in one bull run anymore. But maybe it can grow 10x over a decade, we'll see. Right now, we're either still getting close to the bull run, or a very mild bull run is already behind us and there's a bear market ahead. It's hard to say in advance, but it will be clear in hindsight.
hero member
Activity: 1218
Merit: 507
Leading Crypto Sports Betting & Casino Platform
July 12, 2024, 11:43:44 PM
#57
I've been out of the crypto game for a few years now and I'm just now kind of dipping my toes into the water again.  Admittedly, I was a little angry when my original account on here got hijacked a few years ago and I wasn't able to get it back.  Oh well, water under the bridge, right?  Anyway, I just ordered a Trezor Safe 3 to start "hodling" again.  I've been reading different news sources about the future potential of BTC and it still looks pretty bright.  What is your personal view?  Are you still optimistic?  Riding the fence?  I'm curious.  Thanks.

1000x optimistic on the soundest money there is in the world. I am without a doubt convinced that we are going to see 1million / bitcoin within the next ten years mark my words. There is just no way that it isn't. Apart from wishful thinking what isn't appealing about being your own bank?
We haven't even touched $100k yet, so don't rush into a scenario where bitcoin will reach $1 million in the next 10 years. We don't have any evidence or data to guarantee that will happen. I'm not pessimistic, what I want to say is that we should not be too optimistic and unrealistic, this will cause many people to misunderstand.

The target we are aiming for is $100k and most people believe it will happen during this bull season. So OP is back at the right time and there is still time for him to start accumulating bitcoins before the rollercoaster starts.
hero member
Activity: 2604
Merit: 816
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July 12, 2024, 11:35:37 PM
#56
This is good advice.  I don't plan to play the "just keep waiting" game before I start investing.  I plan to buy BTC here and there as finances permit and HODL for the long term.  I'm not really concerned if the price of BTC falls because we all know it's going to go up again in time.  I don't mind waiting.
Our job is buy more Bitcoin and wait for the reverse of the Bitcoin price. We could wait for some time because Bitcoin price now still at a low but we have a good time to buy more Bitcoin at a low price. That is why many people still buy more Bitcoin because they don't wants to lose the opportunity to buy Bitcoin at a low price.

Bitcoin price can increase today but that doesn't mean the price can still increase. We still needs to be careful to anticipate anything bad such as correction that can happens anytime. But if you decides to continue buy Bitcoin, you still have more time so you can use it for your benefits.

We still wait for Bitcoin price increase so we can use our time to do other things instead just wait for the market increase. Besides that, we needs to be patient and don't panic if the correction still appear.
hero member
Activity: 952
Merit: 541
July 12, 2024, 10:35:00 PM
#55
I've been out of the crypto game for a few years now and I'm just now kind of dipping my toes into the water again.  Admittedly, I was a little angry when my original account on here got hijacked a few years ago and I wasn't able to get it back.  Oh well, water under the bridge, right?  Anyway, I just ordered a Trezor Safe 3 to start "hodling" again.  I've been reading different news sources about the future potential of BTC and it still looks pretty bright.  What is your personal view?  Are you still optimistic?  Riding the fence?  I'm curious.  Thanks.
We have gone through various momentums while holding as much Bitcoin as we can, we have gone through various moods due to the price continuing to fluctuate. Sometimes we are happy because the price continues to increase and a feeling of anxiety comes over us because the traded price continues to decrease. The confidence that arose in us about the increasingly bright future of Bitcoin has formed the determination to hold for a long time and increase the amount when we have additional funds.

Recently the Bitcoin market experienced a slight decline due to large sales carried out by Germany, but the effects were felt only in the short term. We may soon see the huge growth experienced by the Bitcoin market in the future, you still have time to collect Bitcoins to welcome the new ATH that Bitcoin investors are always anticipating.
hero member
Activity: 1274
Merit: 568
July 12, 2024, 09:04:52 PM
#54
I've been out of the crypto game for a few years now and I'm just now kind of dipping my toes into the water again.  Admittedly, I was a little angry when my original account on here got hijacked a few years ago and I wasn't able to get it back.  Oh well, water under the bridge, right?  Anyway, I just ordered a Trezor Safe 3 to start "hodling" again.  I've been reading different news sources about the future potential of BTC and it still looks pretty bright.  What is your personal view?  Are you still optimistic?  Riding the fence?  I'm curious.  Thanks.

1000x optimistic on the soundest money there is in the world. I am without a doubt convinced that we are going to see 1million / bitcoin within the next ten years mark my words. There is just no way that it isn't. Apart from wishful thinking what isn't appealing about being your own bank?
hero member
Activity: 784
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July 12, 2024, 01:06:12 AM
#53

When someone is trying to avoid the mistake of using a single wallet like before when the wallet was compromised through hacking and the option of distributing his risks by having multiple wallets that are independent of each other is not safe in your view, which option is safe? At least you should have added a better option and not just condemn.

Also, having more seed phrases as a reason to believe the option is not good is baseless. If someone can keep a seed phrase for a single wallet well, I don't see how such can't keep it well for multiple wallets and it is not new for people to have more than one wallet without any compromise. We've been sharing enough ways to keep seed phrases on this forum, if you don't know, you ask.

If you are already confident that you can store your seed phrase well, why would you need to use multiple wallets to store your bitcoins?
This question is needless in my view as it doesn't have anything reasonable to add to the reason you asked it. What has the use of many wallets got to do with the safekeeping of the seed phrases when the person did not say the keeping is a problem? Are there many people having different wallets and keeping them very well without any compromise till today? If someone can keep the seed phrase securely for one wallet, why can't the person keep it for 5 wallets? It all has to do with your plan for the safekeeping.

Now, I need to hear from you, what is your plan for keeping your wallet that you are so afraid of using more than one wallet? You can't use your lack of safekeeping of seed phrases to judge others. Even if all my seed phrases are on a single sheet of paper it is often coded in such a way that you will not know the right combinations even if you had access to it. That's wisdom.

legendary
Activity: 1890
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July 10, 2024, 12:29:12 AM
#52

When someone is trying to avoid the mistake of using a single wallet like before when the wallet was compromised through hacking and the option of distributing his risks by having multiple wallets that are independent of each other is not safe in your view, which option is safe? At least you should have added a better option and not just condemn.

Also, having more seed phrases as a reason to believe the option is not good is baseless. If someone can keep a seed phrase for a single wallet well, I don't see how such can't keep it well for multiple wallets and it is not new for people to have more than one wallet without any compromise. We've been sharing enough ways to keep seed phrases on this forum, if you don't know, you ask.

If you are already confident that you can store your seed phrase well, why would you need to use multiple wallets to store your bitcoins?
To me, there is no perfect and absolutely safe method, each method has its advantages and disadvantages. I should just say that in my opinion, using too many wallets is not as safe as you say, they also have certain risks.

Quote

You sound so perfect now, you who asked such a question, do you also have the guarantee that Bitcoin can't go below $50,000? Maybe you should read what I wrote again, my experience with trading/investment will never make me guarantee any decision, I can only speculate.

Against your wish, one thing I will not do is tell people to invest when the market is strongly bearish regardless of the investment approach you are preaching.

Have you checked the bitcoin price today? I don't have any advice because everyone will have a different investment mindset, but I would find it a waste to prevent someone from buying bitcoin at this time because the price of bitcoin is quite good to buy. At this moment, bitcoin price is trading at $59k while a few days ago it was just $53k or $55k.
jr. member
Activity: 28
Merit: 1
July 09, 2024, 07:33:34 PM
#51
I've been out of the crypto game for a few years now and I'm just now kind of dipping my toes into the water again.  Admittedly, I was a little angry when my original account on here got hijacked a few years ago and I wasn't able to get it back.  Oh well, water under the bridge, right?  Anyway, I just ordered a Trezor Safe 3 to start "hodling" again.  I've been reading different news sources about the future potential of BTC and it still looks pretty bright.  What is your personal view?  Are you still optimistic?  Riding the fence?  I'm curious.  Thanks.

Since you have asked about the potential of bitcoin and the future of bitcoin, then i am sure that you should be aware that bitcoin has a very bright future. I am sorry if you are asking in terms or price or time as when we will see new bitcoin highs but sooner and later bitcoin will make new highs and this is the right time to invest in bitcoin now before it is too late. It is always good to invest under 60,000$ as compare to investing in times when bitcoin will be above 70K and the fomo will be at the highest peak too.

Advice: i will suggest not to listen to a lot of people as some will ask you to wait for more lower prices for bitcoin investment. If you listen to them, you may end up missing out completely in this bitcoin game  Wink

This is good advice.  I don't plan to play the "just keep waiting" game before I start investing.  I plan to buy BTC here and there as finances permit and HODL for the long term.  I'm not really concerned if the price of BTC falls because we all know it's going to go up again in time.  I don't mind waiting.
legendary
Activity: 2954
Merit: 1159
July 09, 2024, 01:43:02 PM
#50
I've been out of the crypto game for a few years now and I'm just now kind of dipping my toes into the water again.  Admittedly, I was a little angry when my original account on here got hijacked a few years ago and I wasn't able to get it back.  Oh well, water under the bridge, right?  Anyway, I just ordered a Trezor Safe 3 to start "hodling" again.  I've been reading different news sources about the future potential of BTC and it still looks pretty bright.  What is your personal view?  Are you still optimistic?  Riding the fence?  I'm curious.  Thanks.

Since you have asked about the potential of bitcoin and the future of bitcoin, then i am sure that you should be aware that bitcoin has a very bright future. I am sorry if you are asking in terms or price or time as when we will see new bitcoin highs but sooner and later bitcoin will make new highs and this is the right time to invest in bitcoin now before it is too late. It is always good to invest under 60,000$ as compare to investing in times when bitcoin will be above 70K and the fomo will be at the highest peak too.

Advice: i will suggest not to listen to a lot of people as some will ask you to wait for more lower prices for bitcoin investment. If you listen to them, you may end up missing out completely in this bitcoin game  Wink
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