Many people are still constantly questioning their faith in investing their money in Bitcoin and accepting other cryptos to get rich faster. The truth is that Bitcoin has been consistently bullish over the past 14 years and other cryptocurrencies have not. Perhaps beliefs about overnight wealth need a lasting change. Only Bitcoin is the crypto with the most sustainable increase over time. Don't worry too much about discount periods, see them as buying opportunities.
Bitcoin may be technologically outdated, but the core value and original meaning of an inflation-resistant currency is the most important factor for us to believe.
Topic: I still believe I am on the right path - page 2. (Read 871 times)
Agree. This market is developing so fast and we have to learn every time we can
You actually dont if you are keeping your target coins small in number and if you are bitcoin maximalist then you have little to worry about. But the more you go into altcoins and shitcoins with new ones coming up every day to scam you off your money, you will increase the burden on yourself to a state where you will break down. It unnecessary and avoidable which is what I have seen over the years. That is a difference that the stock market has with crypto, in stocks every big company stock should be in your folio but not so with crypto, here bitcoin is the one you need mostly.Do learn about shitcoins, you waste your time. Learn about trading and that too spot trading.
It's great to hear you have developed such a strong belief and confidence in Bitcoin. Holding through the ups and downs can be difficult, especially with market manipulators and psychological barriers. However, having faith in the technology and its potential for decentralization can help overcome those challenges. However, holding Bitcoin can be a great long-term investment strategy. Still, it's important to remember that everyone's situation is different, and doing what works best for you and your financial goals is essential.
This is amazing motivation which bring too many members in this community and now having amazing benefits from here like me as well because I was also in search of things like these but never have but as I joined this community and have all details about this decentralization which also give me independence as well I am in love with this all with after joining now I am having some small investments as well which are growing rapidly with giving me new essentials of technology which are surely going to change world in next few years.Here I agreed about this everyone is looking for his own needs and situation is also completely different, but goal is one which is surely having through Bitcoin, and now we will be not controlled by anyone in future as well with many banks are already on verge of collapse.
Market manipulators must have made me want to wet my pants, in the past years there are many FUD about Bitcoin, calling it another bubble, this could have made me give up.
We all have our demons too, I could have listened to them, saying, sell, sell, sell, you dummy, this thing is going to die and you will lose all your capital.
In any investment, including bitcoin, psychological factors can influence a person's investment decisions and you are also able to control your emotions well. There are many factors that can influence the price of bitcoin, including market manipulation, government regulation and more.We all have our demons too, I could have listened to them, saying, sell, sell, sell, you dummy, this thing is going to die and you will lose all your capital.
Ultimately, however, the decision to hold or sell bitcoins should be based on your personal assessment of the long-term value of bitcoins. There are many factors that can affect the price of bitcoin in the short term, but if you have faith in the blockchain technology and the long-term potential of bitcoin, then holding bitcoins over a longer period of time may be more profitable. And of course satan can never whisper to sell it because we have faith about bitcoin is the asset of the future.
Of course, this doesn't mean that one shouldn't pay attention to market movements or take action if the price drops significantly. However, by having sufficient knowledge about bitcoin and its direction for a better future, you can make wiser investment decisions and minimize unnecessary risks.
Agree. This market is developing so fast and we have to learn every time we can
Sometimes it is very necessary to control the situation in the market, and it is good for beginners to learn to understand the events that will occur in the market, because of course this will give them knowledge, fast market movements will give them great opportunities. now most people always look at the state of the market now people assume more to continue investing, a good choice of course they will continue to be in Bitcoin.
Even if I have bought some bitcoin a few days after the launch day, there is a 99% chances that I would have sold the Bitcoin, the enemies of holding Bitcoin for a newbie is
1. Market manipulators
2. My own psychology
Market manipulators must have made me want to wet my pants, in the past years there are many FUD about Bitcoin, calling it another bubble, this could have made me give up.
We all have our demons too, I could have listened to them, saying, sell, sell, sell, you dummy, this thing is going to die and you will lose all your capital.
I believe it's a good thing to have grown with Bitcoin all this past years and have grown the confidence to hold through any weather, Bitcoin have proven itself to be the best solution to decentralization.
Now I don't hear my demons trying to confuse me to sell, I was there once, I knew how it felt to believe in something you don't have trust in, today I've made up my mind, to always be with Bitcoin.
You are not too late, you just find the reason to keep supporting Bitcoin, to keep holding your Bitcoin bag. My confidence in Bitcoin is now 100%.
1. Market manipulators
2. My own psychology
Market manipulators must have made me want to wet my pants, in the past years there are many FUD about Bitcoin, calling it another bubble, this could have made me give up.
We all have our demons too, I could have listened to them, saying, sell, sell, sell, you dummy, this thing is going to die and you will lose all your capital.
I believe it's a good thing to have grown with Bitcoin all this past years and have grown the confidence to hold through any weather, Bitcoin have proven itself to be the best solution to decentralization.
Now I don't hear my demons trying to confuse me to sell, I was there once, I knew how it felt to believe in something you don't have trust in, today I've made up my mind, to always be with Bitcoin.
You are not too late, you just find the reason to keep supporting Bitcoin, to keep holding your Bitcoin bag. My confidence in Bitcoin is now 100%.
Hodling is like gambling: you need to stay calm as far as you are able to, and never borrow much for crypto investments, since cryptocurrency is either long-term investment, or (with altcoins) a lottery, so that predicting how much someone will earn by hodling is impossible.
Now I don't hear my demons trying to confuse me to sell, I was there once, I knew how it felt to believe in something you don't have trust in, today I've made up my mind, to always be with Bitcoin.
Many people take the opportunity to increase financial stability in investments made in bitcoin, but there are also many people who decide to sell at a certain point because they need money, even if the price of bitcoin has not increased from its previous purchase price. You will not be able to hold bitcoins when other needs are urgent, while you only have bitcoins as a solution to the problem, at this point you will also make the decision to sell the bitcoins that you have.Deciding to get involved or not is how far people see the opportunity in bitcoin so there's no reason anyone else would sway anyone. Bitcoin is a good opportunity to take, so that the investments we make are able to maintain value and can generate maximum profits when the conditions are right. The strategy will bring anyone to reach the perfection stage of the investment being undertaken, thus making decisions is a way to see opportunities.
For me, the hardest part about being a bitcoin investor is that you once were someone who doesn't know anything about it, a noob per se.
You're easily swayed by market trends, FUD, shill, and every bit of opinionated information that is available on the internet. I wouldn't lie, I've been a victim of this in the past too, and am currently being a victim of it in the cryptocurrency industry still even though I'm almost in this industry for a decade. But whatever, I think once you got past that initial doubt, and realize that only two things should matter to you as an investor, and that is your own volition and the facts that are stated in available academic and statistical papers, you're pretty much set on a good path as a bitcoin investor already.
I agree with you that many investors are affected by wrong information and FUD that is spread on the internet, leading them to react incorrectly by selling or buying their bitcoins or other cryptocurrencies. What matters is knowing exactly what you're doing and having a lot of information about any crypto that you want to sell or buy before taking action. This comes obviously after gaining good experience in trading.You're easily swayed by market trends, FUD, shill, and every bit of opinionated information that is available on the internet. I wouldn't lie, I've been a victim of this in the past too, and am currently being a victim of it in the cryptocurrency industry still even though I'm almost in this industry for a decade. But whatever, I think once you got past that initial doubt, and realize that only two things should matter to you as an investor, and that is your own volition and the facts that are stated in available academic and statistical papers, you're pretty much set on a good path as a bitcoin investor already.
In my opinion, being on the right path to becoming a good investor in the future involves not letting yourself be manipulated by the market and creating your own statistics. It's important to avoid blindly following others' advice, even though some of them may be right. Instead, it's better to make your own plans and strategies.
Even if I have bought some bitcoin a few days after the launch day, there is a 99% chances that I would have sold the Bitcoin, the enemies of holding Bitcoin for a newbie is
1. Market manipulators
2. My own psychology
Market manipulators must have made me want to wet my pants, in the past years there are many FUD about Bitcoin, calling it another bubble, this could have made me give up.
We all have our demons too, I could have listened to them, saying, sell, sell, sell, you dummy, this thing is going to die and you will lose all your capital.
I believe it's a good thing to have grown with Bitcoin all this past years and have grown the confidence to hold through any weather, Bitcoin have proven itself to be the best solution to decentralization.
Now I don't hear my demons trying to confuse me to sell, I was there once, I knew how it felt to believe in something you don't have trust in, today I've made up my mind, to always be with Bitcoin.
You are not too late, you just find the reason to keep supporting Bitcoin, to keep holding your Bitcoin bag. My confidence in Bitcoin is now 100%.
1. Market manipulators
2. My own psychology
Market manipulators must have made me want to wet my pants, in the past years there are many FUD about Bitcoin, calling it another bubble, this could have made me give up.
We all have our demons too, I could have listened to them, saying, sell, sell, sell, you dummy, this thing is going to die and you will lose all your capital.
I believe it's a good thing to have grown with Bitcoin all this past years and have grown the confidence to hold through any weather, Bitcoin have proven itself to be the best solution to decentralization.
Now I don't hear my demons trying to confuse me to sell, I was there once, I knew how it felt to believe in something you don't have trust in, today I've made up my mind, to always be with Bitcoin.
You are not too late, you just find the reason to keep supporting Bitcoin, to keep holding your Bitcoin bag. My confidence in Bitcoin is now 100%.
It's not just you, but anyone who bought Bitcoin back in the early days either sold it or lost access to their wallets. Market manipulators are always trying to mess with Bitcoin, and they will probably keep doing it in the future to make people panic and sell.
It's awesome that you're still holding onto this valuable digital asset, even today. It shows that your trust in Bitcoin is stronger than the fake news that those manipulators spread around.
In-fact, there are only few people who managed to hold their bitcoins from the first time they bought it way back when bitcoin was still really unknown. There is indeed a huge chance that even if you managed to held it into a few ATH, you will eventually sell it, just like lots of those holders who have sold theirs way back December of 2017.
Hence, why it's important if we stick into our timeline and hold it as long as we can even if the market is almost forcing us to sold what we have. I mean, that's quite normal and what's not normal is if we let them decide our fate.
Investing in Bitcoin is just like saving prudently.
Someone might be serving his money but does not have any particular purposes or budget in the future for having a saving.
But another who is saving to own a house or to buy a car or want to accomplish one other project would surely do the purpose of the saving. There are people that are just buying bitcoin because others are buying. Yet there are others that buy with purpose. Whenever the purpose for which they buy bitcoin is right, they will withdraw their bitcoin of at their time
There is no doubt that bitcoin investment is more profitable than saving your money in the bank. If you actually read the post to which I replied to, you will understand the real context that prompted the reply that I gave. My emphasis is on the purpose of investment and in the other hand the essence of having a smart investor is that person knows when to invest and when to reap the reward of his investment.
And the prudent saver is that person who knows when to save and when to begin to use their savings.
Some people will ignorantly buy bitcoin at the high price and begin to lament at the lower price, which is not supposed to be. So one must actually know the secrets behind the market before they will have to involve into it , if not instead of making profit, you will end up in losses.
Investing in Bitcoin is just like saving prudently.
Someone might be serving his money but does not have any particular purposes or budget in the future for having a saving.
But another who is saving to own a house or to buy a car or want to accomplish one other project would surely do the purpose of the saving. There are people that are just buying bitcoin because others are buying. Yet there are others that buy with purpose. Whenever the purpose for which they buy bitcoin is right, they will withdraw their bitcoin of at their time
With the few years I've started making investmest,I know how many projects and coins I've invested in,and I believe they are all projects that will yield greater result in the nearest future.
Investing in Bitcoin is just like saving prudently.
Someone might be serving his money but does not have any particular purposes or budget in the future for having a saving.
But another who is saving to own a house or to buy a car or want to accomplish one other project would surely do the purpose of the saving. There are people that are just buying bitcoin because others are buying. Yet there are others that buy with purpose. Whenever the purpose for which they buy bitcoin is right, they will withdraw their bitcoin of at their time
Even most of the news which are real are presented in a way which could cause the biggest impact to the ones reading, then it is important to know very well why we are invested in bitcoin and to have clear long term goals, otherwise one of those news will eventually make our emotions fluctuate and cause us to doubt our decision to be invested in bitcoin, and if that happens then it is almost a certainty that at some point you will make a mistake and sell your coins before you reach your goals.
I have already made that mistake and still regretting my decisions. That's why I can say this confidently that news is just what they choose to let you see or hear. I have learned the lesson from my past mistakes. But the stain is still there. So it is very important to stay away from FUDs and all the other negative news. Just buy and HODL. That's what I believe now. I was a panic seller LOL.
Investing in Bitcoin is just like saving prudently.
Someone might be serving his money but does not have any particular purposes or budget in the future for having a saving.
But another who is saving to own a house or to buy a car or want to accomplish one other project would surely do the purpose of the saving. There are people that are just buying bitcoin because others are buying. Yet there are others that buy with purpose. Whenever the purpose for which they buy bitcoin is right, they will withdraw their bitcoin of at their time
Even most of the news which are real are presented in a way which could cause the biggest impact to the ones reading, then it is important to know very well why we are invested in bitcoin and to have clear long term goals, otherwise one of those news will eventually make our emotions fluctuate and cause us to doubt our decision to be invested in bitcoin, and if that happens then it is almost a certainty that at some point you will make a mistake and sell your coins before you reach your goals.
I have already made that mistake and still regretting my decisions. That's why I can say this confidently that news is just what they choose to let you see or hear. I have learned the lesson from my past mistakes. But the stain is still there. So it is very important to stay away from FUDs and all the other negative news. Just buy and HODL. That's what I believe now. I was a panic seller LOL.
Everyone must have made mistakes in their life and of course this is important for them because we cannot be where we are today if we have never done it in the past. But that doesn't mean we have to make a mistake first to fix it, it's just that when we make a mistake, it's certain that we become more eager to at least not make that mistake a second time.
Even most of the news which are real are presented in a way which could cause the biggest impact to the ones reading, then it is important to know very well why we are invested in bitcoin and to have clear long term goals, otherwise one of those news will eventually make our emotions fluctuate and cause us to doubt our decision to be invested in bitcoin, and if that happens then it is almost a certainty that at some point you will make a mistake and sell your coins before you reach your goals.
I have already made that mistake and still regretting my decisions. That's why I can say this confidently that news is just what they choose to let you see or hear. I have learned the lesson from my past mistakes. But the stain is still there. So it is very important to stay away from FUDs and all the other negative news. Just buy and HODL. That's what I believe now. I was a panic seller LOL.
Congratulations on finding the resolve to still invest and believe in bitcoin even if there's been internal and external struggles that had clouded your judgement in the past.
For me, the hardest part about being a bitcoin investor is that you once were someone who doesn't know anything about it, a noob per se.
You're easily swayed by market trends, FUD, shill, and every bit of opinionated information that is available on the internet. I wouldn't lie, I've been a victim of this in the past too, and am currently being a victim of it in the cryptocurrency industry still even though I'm almost in this industry for a decade. But whatever, I think once you got past that initial doubt, and realize that only two things should matter to you as an investor, and that is your own volition and the facts that are stated in available academic and statistical papers, you're pretty much set on a good path as a bitcoin investor already.
When the OP says he still believes in bitcoin and he is investing in it then he is still on the right track.For me, the hardest part about being a bitcoin investor is that you once were someone who doesn't know anything about it, a noob per se.
You're easily swayed by market trends, FUD, shill, and every bit of opinionated information that is available on the internet. I wouldn't lie, I've been a victim of this in the past too, and am currently being a victim of it in the cryptocurrency industry still even though I'm almost in this industry for a decade. But whatever, I think once you got past that initial doubt, and realize that only two things should matter to you as an investor, and that is your own volition and the facts that are stated in available academic and statistical papers, you're pretty much set on a good path as a bitcoin investor already.
Bitcoin is the best choice as a long term investment compared to many other assets. Some people doubt its potential in the long term due to their ignorance of bitcoin and its history, but it is different for those who know what bitcoin is.
Even though my participation in bitcoin has been relatively recent compared to many other users, but I have been very focused on bitcoin instead of anything else. This is about the future, of course because I expect worth it return on what I have invested. In fact I would say bitcoin is the least disappointing investment asset so far despite its price volatility.
Congratulations on finding the resolve to still invest and believe in bitcoin even if there's been internal and external struggles that had clouded your judgement in the past.
For me, the hardest part about being a bitcoin investor is that you once were someone who doesn't know anything about it, a noob per se.
You're easily swayed by market trends, FUD, shill, and every bit of opinionated information that is available on the internet. I wouldn't lie, I've been a victim of this in the past too, and am currently being a victim of it in the cryptocurrency industry still even though I'm almost in this industry for a decade. But whatever, I think once you got past that initial doubt, and realize that only two things should matter to you as an investor, and that is your own volition and the facts that are stated in available academic and statistical papers, you're pretty much set on a good path as a bitcoin investor already.
For me, the hardest part about being a bitcoin investor is that you once were someone who doesn't know anything about it, a noob per se.
You're easily swayed by market trends, FUD, shill, and every bit of opinionated information that is available on the internet. I wouldn't lie, I've been a victim of this in the past too, and am currently being a victim of it in the cryptocurrency industry still even though I'm almost in this industry for a decade. But whatever, I think once you got past that initial doubt, and realize that only two things should matter to you as an investor, and that is your own volition and the facts that are stated in available academic and statistical papers, you're pretty much set on a good path as a bitcoin investor already.
The best way to invest is to only buy bitcoins with your spare money and also if you want you can remove your bad habit like cigarettes and others which is instead you gonna use that money to buy bitcoins. There are already lots of stories such as this one and the only people who regret investing in bitcoins are those greedy rushers who want to be a millionaire overnight which makes them quit holding bitcoins and they also use some money that was not supposed for investment and when the price goes down, they panicked and rush to take back their investment.
This is what I did and I had some more money to invest, it was a good decision not just financially but also for medical reasons as well. I just do not feel like it should have been taking me so long to start doing it, god knows how much money I lost to bad habits, but thankfully I am doing better now and that is for both health and financial way as well.Spending your spare money to just buy bitcoin for long term, and I mean like a decade at least, is the best way to get rich, it's a method I am using right now, has helped me so far and I am pretty sure that whatever happens, it's going to keep helping me for a long time as well, can't see any other better way to get rich, all other methods feels like a scam compared to bitcoin.
Even most of the news which are real are presented in a way which could cause the biggest impact to the ones reading, then it is important to know very well why we are invested in bitcoin and to have clear long term goals, otherwise one of those news will eventually make our emotions fluctuate and cause us to doubt our decision to be invested in bitcoin, and if that happens then it is almost a certainty that at some point you will make a mistake and sell your coins before you reach your goals.
I have already made that mistake and still regretting my decisions. That's why I can say this confidently that news is just what they choose to let you see or hear. I have learned the lesson from my past mistakes. But the stain is still there. So it is very important to stay away from FUDs and all the other negative news. Just buy and HODL. That's what I believe now. I was a panic seller LOL.
Even if I have bought some bitcoin a few days after the launch day, there is a 99% chances that I would have sold the Bitcoin, the enemies of holding Bitcoin for a newbie is
1. Market manipulators
2. My own psychology
Market manipulators must have made me want to wet my pants, in the past years there are many FUD about Bitcoin, calling it another bubble, this could have made me give up.
We all have our demons too, I could have listened to them, saying, sell, sell, sell, you dummy, this thing is going to die and you will lose all your capital.
I believe it's a good thing to have grown with Bitcoin all this past years and have grown the confidence to hold through any weather, Bitcoin have proven itself to be the best solution to decentralization.
Now I don't hear my demons trying to confuse me to sell, I was there once, I knew how it felt to believe in something you don't have trust in, today I've made up my mind, to always be with Bitcoin.
You are not too late, you just find the reason to keep supporting Bitcoin, to keep holding your Bitcoin bag. My confidence in Bitcoin is now 100%.
1. Market manipulators
2. My own psychology
Market manipulators must have made me want to wet my pants, in the past years there are many FUD about Bitcoin, calling it another bubble, this could have made me give up.
We all have our demons too, I could have listened to them, saying, sell, sell, sell, you dummy, this thing is going to die and you will lose all your capital.
I believe it's a good thing to have grown with Bitcoin all this past years and have grown the confidence to hold through any weather, Bitcoin have proven itself to be the best solution to decentralization.
Now I don't hear my demons trying to confuse me to sell, I was there once, I knew how it felt to believe in something you don't have trust in, today I've made up my mind, to always be with Bitcoin.
You are not too late, you just find the reason to keep supporting Bitcoin, to keep holding your Bitcoin bag. My confidence in Bitcoin is now 100%.
It's not just you, but anyone who bought Bitcoin back in the early days either sold it or lost access to their wallets. Market manipulators are always trying to mess with Bitcoin, and they will probably keep doing it in the future to make people panic and sell.
It's awesome that you're still holding onto this valuable digital asset, even today. It shows that your trust in Bitcoin is stronger than the fake news that those manipulators spread around.
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