Topic: Introducing myself - page 2. (Read 333 times)

Thats what I call patience, the kind of patience you need to build a real empire. You want to sell at the next high. Thats smart, but its more than just smart, its wise. Understanding life's cycles and ups and downs.  Life, like Bitcoin, is a gamble. We create plans, but occasionally they fail. Its beautiful because its unpredictable. It must be accepted. Selling your Bitcoin may not be the end. It may be a fresh start, a chance to experiment and invest. Bitcoin grows stronger with increased adoption. Like a family or community - we're creating this world together. This is the future. Continue holding, buying, selling, believing and repeating.

Same here. I would like to take most of my profits just right before the bear market starts but it doesn’t mean I would totally abandon bitcoin. In fact the bear market might be the ideal time to buy some bitcoin as the price will drop and I can get it for cheaper price then wait until bull market starts again.
People are definitely going to build stronger and more resilient system to protect bitcoin but as this develops, there will also be stronger attacks trying to penetrate bitcoin.

The future is uncertain but my hope for bitcoin remains unwavering.

Yeah the end of 2024 and the beginning of 2025 quarter 1 may be a lot of investors expect where bitcoin can bullrun again of course they are looking forward to profits.

So with the upcoming cycle you will get out of bitcoin and still keep a little bitcoin? Do you feel bitcoin is already high and difficult to accumulate, this is what I understand now.

In 2022 there are many problems with large companies that collapse, of course FTX and several other institutions, while Mtgox has long happened in 2014.
Rest assured that in the next 10 years bitcoin adoption will be more developed.

I do not like to talk about 'exit plan' with BTC, because why would one want to sell all of their BTC's to fiat, a currency that is affected greatly by inflation, especially when it is a fiat currency of a third world country. You can sell a portion of your BTC to buy things for your pleasure or to diversify into different assets, but selling all of it is a no for me.
Collapsed and failed centralized exchanges has nothing to do with BTC or its future, custodial services are vulnerable to things like that, because there is a central authority in control, and if you leave your funds in such service, your safety is in the hands of those who control it, and with people like sbf running an exchange, it is never a safe option. Your BTC should only be stored in your self custodial wallet.

congratulations as you set to meet up with your goal after holding and accumulating for such long  periods of time.
If I may ask, do you hope to meet a new ATH in a quite short run now or you would hold until the bull run while reaching its ATH? I asked this because the current ATH was not a lead of the bull run even but of a just normal market pump.
So what if we experience a new ATH while the bull run is still ahead, would you still opt of the industry? And again, it is unpredictable to believe the bull would take place this year and investors on a short term goals are the once craving for this bull run to be expected sudden while those on a longer goal or those who are not satisfied in their accumulate assets are craving for a delay of the bull run until the accumulates so much to their satisfaction just like you did hold up til date which is as a result of your goals.
So, we all live by the market sentiments with unproved predictions.
I am also interested to ask why you want to exit after making much profits even when the market has not lost it reputations of productiveness? Have you achieved a much money to serve with the rest of your life or you think bitcoin does not have that potentials to set up a retirement goal in the system?
I guess everyone has their personal goal in the industry though but for me, I am set to take profit as much as the market could provide and I am gonna rest assured of parting part in investing for my retirements as well.

That's important, IMO. If you think you can make a good profit after all these years of holding, then sell. But don't sell everything, because in this situation you can have your cake and eat it too. You can enjoy the profits and save some for the future when you can enjoy more profits.

More people are certainly going to adopt bitcoin. My observation from even my local community is that I am seeing a lot of people from different age groups ask curious questions about bitcoin, cryptocurrency, and blockchain technology. The effect of this is a gradual adoption of bitcoin due to increase in knowledge.

This is the best intro I have read on the forum.

You already know what you want and you are doing just that. Glad that you have registered on this forum to add your voice and opinion to ongoing discourse.

I want to believe that you already know the rules of the forum because the knowledge of bitcoin isn't enough to thrive here. They are simple rules to abide by. Well incase to missed it, I'll drop a link to them. Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ

Welcome to the forum @Lokstar!

Feel free to express your views here and do ask the community if you have any questions. I am uncertain what took you so long to be part of the biggest Bitcoin community. I hope your experience here with us will help you to understand the significance of Bitcoin.

By the way, it would be good if you move your topic to this board - https://bitcointalk.org/index.php?board=39.0

It is for those who are joining the community and need some help to understand the forum and Bitcon.

Hi,

I've been a long time lurker here but really thought I should setup a login. I've held bitcoin since 2016 just after the halving. I'm hoping we have some exciting times ahead. I managed to use the last halving to accumulate a bit and I've hodled ever since.

I think the end of 2024 will be interesting time, and will hopefully cement some good profits for us all.

I do have a plan for my bitcoin and it's looking like the next bull cycle ath may be my exit from the space. Although having said that I would like to keep a some btc.

For the future of bitcoin I hope the space becomes more resilient and we see less issues like Mt Gox etc. I also hope to see more people adopting bitcoin but for the moment a lot of people just don't understand it.