Topic: I feel like there is no way to keep up - page 3. (Read 512 times)
actually there is no way to follow it, but you are not sure, and have no confidence at all, and for sure you are very afraid of risk, actually whatever we do, and whatever business we want to develop, surely that risk will happen. wait for us, if you are sure of what you want to invest, be brave and invest some of your money, because success will never come without sacrifice..
Feeling and Technically doing it has it's own difference mate. Technically you can earn as much money as you could from the crypto currency. With your feelings you can not earn a dime and neither you should be focusing on emotional way of earning money. Crypto as of now has given me a lot and it's personal experience that winning and loosing in the crypto is based on versatile factors whether its real news, fake news, random billionaire making a tweet or whole government banning the crypto or legalising it. There are endless factors, so it's always best scenario to keep your mind focused on more technical factors rather than feelings!
Bitcoin, as such proven asset and over the decades the market had been bullish only and will be the same considering enormous developments around the world. Moreover there is need for such asset and adoption.
Bitcoin, as such proven asset and over the decades the market had been bullish only and will be the same considering enormous developments around the world. Moreover there is need for such asset and adoption.
It's totally normal that you have problems on keeping up with this market. Because it's volatile in the end. We can observe any kind of movements anytime. We just make our investments and try to follow the market closely. Experienced traders know what to do better than the others of course. But even them can have big problems when the market changes very quickly.
The author might be confused because the current situation of the market is not feastful for him and it's get getting bad especially if you had already put your money in and you are completely ignorant about the volatility of the crypto market. Sometimes it's distressful when you see it losing value every day and all the scenery is red but if you focus and ponder on its history, your heart will feel at ease because it's completely normal and all you need to do is wait and be patient.
There is no way to keep up, which is why you shouldn't play that game. Because you will lose, it's an eventuality, not a mere possibility. Live your life normally, don't gamble with all ins, don't try to be smart and time the dip (at least, not risking everything as you said you did).
Long term, "mistakes" and you don't need to worry about getting in at the "best price" and all your misses even out with the hits, and any price you bought in becomes inconsequential because you always bought in.
But timing the dips and then going into alts and trying to stay ahead of that game? You know there's no way to keep up. Why even try?
Long term, "mistakes" and you don't need to worry about getting in at the "best price" and all your misses even out with the hits, and any price you bought in becomes inconsequential because you always bought in.
But timing the dips and then going into alts and trying to stay ahead of that game? You know there's no way to keep up. Why even try?
I only started like late last year. I heard of bitcoin years prior but I didn't know it went up over time so I just thought "crypto currency" was internet money. Like, the dollar, it doens't really go up or down that much. (ik it kinda actually does but u get the point)
I feel so agro that I didn't get in way sooner. god...
That's an unhealthy attitude you have there. Beating yourself up for not getting involved earlier and taking huge risks expecting another coin like bitcoin will come along and take its place. Among those thousands of coins, you won't find bitcoin's successor. Just invest little by little and don't gamble too much. And don't put your financial stability in danger by putting money into the market that you need for more important things. I feel so agro that I didn't get in way sooner. god...
You have to calm down, you are doing what most people are doing when they are too focused on the profits. You are obsessed with the "Big payday" and that might never happen. You can even set yourself up for massive failure, if the outcome of this experiment is the opposite of what you hoping it might be. (total collapse)
Bitcoin profits should not be the ONLY goal for you, if you spend half of your time doing research on the technology and using that "knowledge" to teach other, then your "profit" will come with mass adoption. (Go out, help other people that wants to adopt Bitcoin, to do it.. do not force it onto other people... because that leads to failure too)
Bitcoin profits should not be the ONLY goal for you, if you spend half of your time doing research on the technology and using that "knowledge" to teach other, then your "profit" will come with mass adoption. (Go out, help other people that wants to adopt Bitcoin, to do it.. do not force it onto other people... because that leads to failure too)
Just forget about the price and set a target for yourself (like owning 1 BTC as you mentioned). Do DCA and stick to it. Ignore the noise and price for a while, use the money you can afford to lose. Consider it a high-risk investment where you can only reap the benefits 10 years later. This way, you don't need to be anxious every day. If you're not comfortable with it, then maybe it's not your cup of tea. Choose something that suits your risk profile, don't force yourself.
It sounds like you're being hopeless but I want to tell you that it's too early for you to quit and give up. If you haven't reached your goal and desire yet, then you better try to strive more. Bitcoin is volatile and there will always be down moments of it but you should learn how to take advantage of every situation. It's not always about gaining profits but it also needs patience.
That's the thing: you don't need to own a full Bitcoin. That's just a dream so many people have but it's pretty unrealistic. Remember, you can own even 1 satoshi. Nobody forces you to own a full BTC to be considered a Bitcoin investor.
Yeah, the price goes up almost constantly every few years. That doesn't make it a "problem" to begin with - in fact, there's a very good side to it if every time you buy the price goes up, lol!
Yeah, the price goes up almost constantly every few years. That doesn't make it a "problem" to begin with - in fact, there's a very good side to it if every time you buy the price goes up, lol!
It's totally normal that you have problems on keeping up with this market. Because it's volatile in the end. We can observe any kind of movements anytime. We just make our investments and try to follow the market closely. Experienced traders know what to do better than the others of course. But even them can have big problems when the market changes very quickly.
It's totally normal that you have problems on keeping up with this market. Because it's volatile in the end. We can observe any kind of movements anytime. We just make our investments and try to follow the market closely. Experienced traders know what to do better than the others of course. But even them can have big problems when the market changes very quickly.
experienced traders indeed has advantage over us , but there is no safe in this kind of market as they also making mistakes and not like us they are losing tons of money and harder to recover.every profiteering has a losing status and no one is safe.
so let us decide rightful and readiness because any moment there might be changes and this will lead either for us to profit or us to decrease our funds.
Just watching how many hundreds it's going up each day. I really appreciated this dip. I legit dumped everything I had into it. I was actually hoping for a bear market to buy more at cheaper prices. I still am not sure we're not gonna hover around this long dip/mini bear market longer idk.
no one knows that is one thing that sure here , we don't know where to dump nor to pump.Quote
But just thinking about how if it is the bear market for the supercycle.
.
That's why I've came to the conclusion that I have to risk it and invest more heavily into alt coins. In the hopes doge pumps again. next time if it gets to just 50 cents I'll sell half and convert to bitcoin maybe. same with the others. I mostly am just holding ADA, KSM, XMR, VET. If they can pump up at higher percentages, maybe, I can keep up with the average investor maybe.
It's your coin , its your decision but never blame market or cry here once you failed in altcoin and bitcoin climbs to 100k this year because that is your risk to take from bitcoin to altcoin specially shitcoins. .
That's why I've came to the conclusion that I have to risk it and invest more heavily into alt coins. In the hopes doge pumps again. next time if it gets to just 50 cents I'll sell half and convert to bitcoin maybe. same with the others. I mostly am just holding ADA, KSM, XMR, VET. If they can pump up at higher percentages, maybe, I can keep up with the average investor maybe.
I'm not going to question the altcoins you've already invested but maybe you should consider NFT gaming with play to earn feature as well. You could be a simple hodler if you want or support the ecosystem by becoming a player also. Use some of those earnings from the daily grind to accumulate more BTC or to pay up your bills.
This might get the work done if and only if the equivalent value of his altcoins could afford an entire team/pets or character to start playing and to earn as well.On the other hand, selling an altcoin for another nft token also entails a lot more risk of losing especially now that they are on an all time high including AXS or DPET. Perhaps, exchanging his alt to bitcoin when it reaches a decent price is pretty much better while continuously stacking monthly or even better daily.
This is a common beginners mistake to be scared of the number of zeros in bitcoin price and run to shitcoins just because they have less zeros in their price but they forget that they don't have that many zeros (ie. have low prices) because they can't go up in value due to being useless, buggy, scam, have unlimited supply, ...
This is also why shitcoins don't rise in value, instead they only get pumps which are then followed by dumps. Take dogecoin that you mentioned, it had to be hyped up by Elon Musk to get pumped for a while but it couldn't be sustained and got dumped shortly after.
This is also why shitcoins don't rise in value, instead they only get pumps which are then followed by dumps. Take dogecoin that you mentioned, it had to be hyped up by Elon Musk to get pumped for a while but it couldn't be sustained and got dumped shortly after.
All altcoin pump or dump based upon the news and none of the altcoin can be compared to the bitcoin. The institutes and big whales only invest in bitcoin , therefore investment in bitcoin is the safest among all the crypto. Investing in cheap altcoin does not grantee that it will go up. It can move even further down and go to zero.
This is a common beginners mistake to be scared of the number of zeros in bitcoin price and run to shitcoins just because they have less zeros in their price but they forget that they don't have that many zeros (ie. have low prices) because they can't go up in value due to being useless, buggy, scam, have unlimited supply, ...
This is also why shitcoins don't rise in value, instead they only get pumps which are then followed by dumps. Take dogecoin that you mentioned, it had to be hyped up by Elon Musk to get pumped for a while but it couldn't be sustained and got dumped shortly after.
This is also why shitcoins don't rise in value, instead they only get pumps which are then followed by dumps. Take dogecoin that you mentioned, it had to be hyped up by Elon Musk to get pumped for a while but it couldn't be sustained and got dumped shortly after.
Don't get trapped in the fallacy that you have to own 1 Bitcoin to be successful or to get rich or whatever. It is all about percentage gains of your net worth. If Bitcoin continues steadily marching upwards during the years you should have no worry whether you hold 0.01, 0.10 or 1 btc. Moreover you shouldn't focus on how much you own, but on doing the day-to-day activities that can get you to the place you want.
I legit dumped everything I had into it.
I already spend literally everything I have leftover, aside from rent, utilities, food, etc. you know. Like. My main source of entertainment is just crypto news videos.
One of the popular piece of advice is to only invest amounts that you can afford to lose; Going all into Bitcoin sounds very novel, with dreams of getting multiples of your investment, but there's a level of risk to it. Your risk could pay off in the long run, but as an investor, regulating your level of risk is very important.That's why I've came to the conclusion that I have to risk it and invest more heavily into alt coins. In the hopes doge pumps again. next time if it gets to just 50 cents I'll sell half and convert to bitcoin maybe.
Buying and holding Bitcoin seems a better approach.People are violating some of the rules before investing and it is sad to think that they are losing money due to ignorance.
It depends on how you value your money when you're investing because that will help you to secure your funds and at the same time deal with risks.
No matter how much you invest, money is not that easy to earn so be responsible when investing your funds.
~ Like. My main source of entertainment is just crypto news videos.
That's why I've came to the conclusion that I have to risk it and invest more heavily into alt coins.
I'm not going to question the altcoins you've already invested but maybe you should consider NFT gaming with play to earn feature as well. You could be a simple hodler if you want or support the ecosystem by becoming a player also. Use some of those earnings from the daily grind to accumulate more BTC or to pay up your bills. That's why I've came to the conclusion that I have to risk it and invest more heavily into alt coins.
Just keep on stacking how much you can afford. Don't put pressure to yourself. We are on this long term. Don't urge yourself to the point that you will risk money on a meme coin, for example, just so that your Bitcoin will increase. It might end up the other way around. Be careful with those altcoins.
If 1 BTC is too much of a goal then don't push it too hard that you might end up sacrificing your most basic needs. 1 BTC would be great but time will come even 0.02 or 0.04 BTC is only a dream.
If 1 BTC is too much of a goal then don't push it too hard that you might end up sacrificing your most basic needs. 1 BTC would be great but time will come even 0.02 or 0.04 BTC is only a dream.
With bitcoin going up in price. To eventually own just 1 bitcoin.
This is an extreme goal.
There will never be more than 21 million bitcoins. This means that less than 21 million people in the world will be able to own 1 bitcoin. There just aren't enough of them to go around. There are over 7,900 million people in the world. If you owned a full bitcoin, that'd put you well into the top 0.25% of the world's population. When it comes to Bitcoin holdings, you'd be a 1-percenter and then some.
Even if only 1% of the world owned any bitcoin at all, owning a full bitcoin would still put you WAY above average. You'd have more than 75% of the bitcoin holders.
That's why I've came to the conclusion that I have to risk it and invest more heavily into alt coins. In the hopes doge pumps again. next time if it gets to just 50 cents I'll sell half and convert to bitcoin maybe. same with the others. I mostly am just holding ADA, KSM, XMR, VET. If they can pump up at higher percentages, maybe, I can keep up with the average investor maybe.
Gambling on altcoins seems risky. The best way to end up with $100,000 worth of altcoins is to start with $200,000, and sell after you've lost half your money.
Maybe I wont care if bitcoin keeps going up. Maybe one day just 0.02 btc or maybe 0.04 if I can put more in before the percentage of dollars to btc becomes so far off everything is negligible. maybe one day it wont matter if you cant own an entire coin. maybe 1mbt will be like what 1 whole bitcoin is today, or even just 1 satoshi will equal 1 dollar and I'll be a millionaire in that way. Or maybe my kids will be idk.
Imagine that someday 1 Satoshi ( the smallest spendable unit of Bitcoin) is worth the same as 1 U.S. penny (the smallest spendable unit of U.S. dollar). In that case, having 1 Bitcoin would make you a millionaire in U.S. Dollars. Having just 0.04 BTC would give you the same amount of spending power then as having 1 BTC gives you today (about $40,000 worth).
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