Topic: It ain't meant to be easy - page 5. (Read 2071 times)

While, It is fundamental concept of biology that only the fittest survives and reproduces, however, when it comes to human society, we have developed systems and structures that mitigate harshness of natural selection. A large number of societies developed safety nets, social programs, and opportunities are provided for unprivileged individuals.

Inheritance of wealth is a good example of how wealth is unevenly distributed, but it is not the only factor at play. I believe that hard work, access to education, and resources can also significantly impact one's chances of success.

The same thing to running a business without enough capital to sustain. Because investment doesn't give us instant return we can fully rely on it, maybe months after. That is how important to have a least another source of income to back it up while waiting for our business or investment to grow. We can just quit working on other people if we are really ready and when our investment/business can already support our living. In order to have a good living, we also have to make multiple sources of income which is somewhat hard for poor people and I feel how hard it was.

Most often this can happen when a person wants to make his hobby the main source of income, and especially when it does not bring the expected profit. It is commendable when a person tries to do what he likes, but the point is that we should always have a main source of income that will provide him with a decent standard of living and allow him to create capital for further investments.

If a person does not have this, and he is trying to provide for his family with his hobby, then it very often happens that he will have financial problems, but he will feel more free, I mean that he will not have a boss who will tell him what do.

I believe that we can develop our hobby in parallel with our main job and quit work only when we have managed to develop our hobby well enough. Bitcoin is a good investment, but it will be meaningless if we do not have the funds to buy Bitcoin.

You have made some very interesting points about gratitude, individual paths and choosing the right path according to your strengths and knowledge. It is true that gratitude can significantly improve out our perspective of life. Being thankful and feeling happy to what we have achieved in life can help us to mitigate desire for more. It is important to acknowledge that we can never achieve all our desire in life and happiness is not tied to material wealth. Happiness is an emotion that originates from within us, often sparked by the act of providing support to those who are in dire need of our assistance.

Doing hard work may not necessarily be able to achieve what we want, but it is through hard work that our desires can be achieved and we must do it based on what we already know, don't do work that we don't fully understand, of course in this case we won't be able to achieve what we want. Doing work based on the knowledge we have consistently and asking for luck will certainly achieve the success we want.
You are right that everyone goes through a different process in achieving their success and there are those who are able to get back up after they experience failure and correct their mistakes so as to achieve success and there are also those who are unable to get back up after they fail.

Truly, the degree and weigh of luck can not be underestimate but little did we know. Being hardworking doesn't guarantee success. You can be putting effort and energy but if luck has not yet find you, you'll labour without having result. However, I'm not saying that you shouldn't be hard working or struggle but when you are doing so, you should also pray for luck and grace to locate you. The story can not always be the same. Things might be easy and smoothly for some even without putting much effort while to some even after putting the necessary effort, it might be difficult for them. Giving hope is what kills the dream. If you are consistent and not giving hope, you'll actually achieve your goals some days but how many of us are patient enough to keep positive energy from beginning to end when we feel like we are not getting the desire result at first?

Speaking of putting effort into something, do you agree with me that there are some people who are putting effort or putting a lot of energy into the wrong thing? It could be the wrong investment or another thing, be it business, etc. So, it's not just about putting in an effort or putting in positive energy; it's also about putting in those efforts and energy in the right place and at the right time. Apart from bitcoin, you also said "cryptocurrency." So, for example, imagine someone who has been investing in Tera Luna and has not taken any profit until it crashed.

I think we need the right information, the right knowledge, effort, positive energy, passion, luck, etc. Like in the OP's topic, "it ain't meant to be easy," but at least someone needs those above-listed qualities to surf through. Definitely, it will not be easy, but some times and in some cases, you can diversify a little and try something different, but instead, some people will just keep putting effort into something that can just be fruitless at the end of the day.

Life itself is not an easy one. Everything in this life happens one step at a time. Take for instance, when a child is born, the child starts by crawling and being helped to stand feet by themselves before they start walking in their direction on their own.

The child in question in the explanation given is related to newbies in the forum. They will start by learning and understanding the forum rules(crawling) and being helped in the sense of meriting them to be able to stand feet on their own based on the contribution they make to the forum. Their diligence and hunger for more will take them to the height they want. There is no shortcut to success if they want to grow in the forum

Merits on this forum are not less than a degree that takes a specific time for anyone to achieve. A lot of necessary contribution, a small help could help generate you merits for what you did. It is a reward for your timely and factual comment which really helped the questioner with his query. Nothing comes so easy, but there are some brave and knowledgeable users here who post to the best of their knowledge to achieve this degree of being called a true Bitcoiner, and also gain lots of merits for the same. I love the nature of current signature campaigns too that need a big number of merits from users to provide them competitive rewards in the industry according to their ranks here.

Life is so complex depending on the angle you views it and seems to understand it from and we must understand something very crucial as a necessity that life must not meet you rather you meet up life to get whatever you desired and wanted so far otherwise you wouldn't meet your life expectancy. And I would love to draw this to our noticed that no matter any country we are coming from we still have that free access and opportunities to meet up with plans in life but this depends on individual reasoning and quest to become successful in life because there were others who were damn poor or not having any sufficient from generational wealth management or handover to you as predecessors.

Yet there are people who buckled up their shoes and making sure they did that before they passed on having seen that they've gone through stress and hard time. That is why we need to survive no matter any circumstances we found ourselves and being independently wealthy and self sufficient in everything we do helps us along way even though there are people who lived their life's through acquisition or their parents wealth doesn't show yours will be so.

So in summary, be positive and think straight as to whatever thing people's thinks is impossible are always possible with faith and hope, you can start to leave example @alpha marine as things of life are too complex the more you look and think the more you gets weaker hence I encourage you to be more better in action" words" and also in doing words, as action comes with doing words.

When I came first here I saw the hero and legendary members and their merits. I was thinking that it was very easy just to write a post and get merits on it. But when I started I came to know that it a very difficult and needs a lot of work and knowledge. A time when I got only 3 pr 5 merits in a month and it discouraged me several times but I did not give up and started working now I am a full member but I am not stopping here and I am going to move ahead and my next goal is Hero member which I will achieve one day.



I totally agree with you, you make it very clear that the goals did not come very easily. We saw a millionaire who has a huge bank balance, expensive cars, etc. but we did not know his effort for that,  If a person fails on the first attempt then he needs to do it again again.

Life was never meant to be easy agreed, especially if we go by the theory of Natural Selection that says only the strong shall survive which is unfortunate for many...but then again the rules of survival when it comes to us humans seems to have changed as you can easily inherent wealth from family that can put you in a better position than you were..but if this isn't available to you work hard to give yourself a serving chance.

I don't get the connection between merit and life tbh because the merit system is quite complex as it goes to show which users are technical,  informative,  entertaining,  belong to a clique etcetera unlike life which has a blueprint of what one needs to do to succeed...

I think that my response to @cafter's comment on stocks mostly speaks for itself, and largely was intended to point out that there are going to be problems to conclude that stocks are either a better long-term investment than bitcoin, or that anyone would have necessarily been able to figure out how to time getting in and out of bitcoin in such a way that they actually did end up performing better with stocks than they would have by just staying with bitcoin, and sure some people may well could have been able to get in and out (and probably did).... including that it is a lot easier to look at performance after the fact and then figure out how "you should have been allocated" and then how you should have switched and then how you should have switched back....blah blah blah .. rather than just sticking with a longer term plan.. such as building your BTC portfolio over a long time, and sure if you just got into bitcoin in the last 2-3 years, then it is likely to have had been more difficult to build a profitable portfolio in terms of its current dollar value at this time (as compared with stocks), but surely those kinds of selective readings do not mean that stocks are a better investment than bitcoin and likely are not going to be and are not a better investment over a longer time horizon (you can choose for yourself).. especially in the longer term historically and likely not even better in the upcoming future.. though its up to you regarding how you allocate into various assets whether stocks, bitcoin or otherwise...

Again, good luck if you are getting off of bitcoin and into stocks or switching back and forth or if you cannot make up your mind how to allocate, like I already mentioned, you are likely going to need it if you are fucking around and failing/refusing to allocate to bitcoin..or you are getting too enamored with stocks relative to bitcoin.

Perhaps another unstated assumption is regarding trading.. which is getting in and out of assets rather than sticking to them in the long term, so bitcoin has already proven to have had been a better investment than many stocks (if not most and if not when referring to general index stocks) over several kinds of time frames, especially the longer that you zoom out beyond 2 years... and so it becomes a BIG SO FUCKING WHAT.. when trying to whine about bitcoin not sufficiently performing in some kind of a recent framework in which you select the period that you want to show based on gobbledy-gook "reasons"... so a lot of bitcoin naysaying (and even stock correlation) nonsense can be shown and argued in various short-term periods.. which you seem to be supporting those kinds of framings if you feel that you need to come to @cafter's defense.  

Maybe zoom out a bit, and then come back and discuss, if there is any point that you might have been wanting to make that is more than just arguing for the mere sake of it.


I had meant some of those kinds of "terms of endearment" as emphasis.. Do I need to read back through my earlier post and try to figure out if I might have gone too far (and hurt some feelings) with some of my "terms of endearment/emphasis" in a few places?

Also, do you believe that I should have been more welcoming to @cafter's comments, even if to me they were coming off as questionable in terms of their genuineness?  

What would Jesus do?  

Is there a forum interaction (posting) standard that you would like for me to have had followed?
 

This is a bit of a mish-mash of questions with a mixed message.  

My Bitcoin is doing quite well... probably ever since about 2016/2017 depending on how it is calculated.. but it was not necessarily even a bad thing to be underwater for a period of time, either..I surely built more bitcoin during times in which the BTC price was down.

I have other non-bitcoin investments too, but so far, I had not been talking about them in this thread.. and I try to mostly focus on bitcoin anyhow, since this forum is somewhat bitcoin focused, even though we have various shitcoiners here too.. and surely sometimes other kinds of investment ideas (and even personal development ideas) can be compared and contrasted (and therefore relevant to) with bitcoin.

Regarding my past mistakes of investing into BTC at the top of the 2013 cycle and then keeping on investing into BTC on the way down through 2014 and beyond.. I don't have any regrets about that, and sure I try to learn how to do things better, even though I don't even consider that I made any major mistakes in my earlier years in bitcoin in light of my own then circumstances... ..

Do you believe that there would have been better ways for me to get into bitcoin, based on what was my own situation at that time, from your Monday morning quarter-backing perspective?

From your forum registration date (which is late 2013), it appears that maybe we could have had gotten into bitcoin at around the same time, perhaps?  (even though the trust feedback on your account appears that maybe you sold your account somewhere between 2015-2017.. so maybe you don't even have bitcoin experiences dating back to late 2013 beyond maybe some kinds of fictional representations that you would like to make, after the fact.)

Do you have a bitcoin related story?

Would you like to say that whatever you did in regards to your bitcoin journey and your other ways of "diversifying" was better than what I did?  

Did you start investing in bitcoin in late 2013 or at some other time (or maybe you haven't even yet started?)?  

Have you ever said what it was that you did in regards to bitcoin and/or how your other investments (bitcoin related or otherwise) might have related to your bitcoin investing and your current state of knowledge on the topic?...

Over the years of my forum registration and in the forum, I have discussed in quite a bit of detail regarding what I did in regards to bitcoin, but surely sometimes I like to use hypothetical numbers so I am not really trying to compete with anyone in regards to some of the personal specifics, except maybe in the ideas arena or maybe when some members try to act like they know it all or are able to beat a DCA approach or some other kind of proclamations that may or may not be applicable to what other forum members might want to do (or consider doing)..

Do you have some ideas in regards to some of these better kinds of investment approaches into BTC?

Maybe you should provide some kind of a framework for how you might have had considered investing (whether BTC or otherwise), to maybe show you might have a lot of these bitcoin and investment matters figured out and how you might have had been able to outperform my own approach to BTC (which I largely consider variations of DCA investing) or to have been able to outperform a regular DCA investing into BTC approach over the past 10-ish years?  

Go ahead.  I am all ears.

That's very well explained. Achieving things in life is not as easy as some might portray it to be. The books and movies that we read and watch don't show real stories and they are just imaginative fairy tales where a person wishes for something and achieves it pretty easily without facing a lot of difficulties and hardships, while the reality is totally different. You need to lose a lot of things only to achieve one goal and achieving that goal wouldn't give you enough satisfaction that would justify the hardships you've gone through for it.

So, no matter what it is, whether it's rank in a forum, achieving a certain degree, mastering an art or skill, or anything else, it can all be achieved with hard work and dedication, but as always said by everyone, it won't be easy all the time, but you will achieve it if you don't give up on it and keep going.

Well, I have to admit, you wrote a really good essay there. You are correct about one thing: there are many success and failure stories in the Bitcoin community. A lot of us recall the swift rises and ensuing falls. Allow me to make a few observations, though:

1. The whole concept of "buying the dip" is easier said than done. When the price skyrockets, FOMO kicks in, and when it plummets, fear takes over. Emotions aren't the best financial advisors.

2. "Continuing to buy all the way down" assumes you've got an endless flow of capital, and it also assumes you can time the market, which, let's face it, most people can't.

3. About your comment on stocks: It's not about whether stocks or BTC are better investments. It's about diversifying and understanding risk. If all you do is chase the next big thing without a strategy, you're playing with fire.

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I really like your aggressive style by throwing around terms like "dumb-ass" in a serious discussion. It makes us fell more engaged and closed. We're all here to learn and share, after all. Best of luck with your investments, and I genuinely hope you've learned from your past mistakes.

Yeah bitcoin deserves more defense than shitcoin, now that I understand everything about investing I will focus on bitcoin no more than that, maybe some of them increase the risk of shitcoin it doesn't matter I understand it, although there are similarities about the risk in bitcoin but at least bitcoin is much safer than shitcoin.

Continue to observe the market, especially with the emergence of shitcoin, which is endless, indeed, from that goal it is only ONE to drain investors' money as long as it makes shitcoin hype after all the hype has been successfully raided, then they will come out as fraud, this is not once or twice but so much has happened, so I don't really believe in shitcoin.

When you buy bitcoin without worrying what about some other large institutions that buy bitcoin with millions of dollars? They will definitely never worry but behind all that big companies will try to buy at low prices then HODL...
I have seen so much history in various media about bitcoin that I believe it.

Maybe there is some necessity for forum members to take you seriously, to presume that you are not failing to tell the whole story and/or to consider your own responsibilities in the matter.

Surely, I will praise you if you had held through the whole time, and your story it not so far out there that it could not be true, because I do recognize and appreciate that there are people who go too far into bitcoin by investing too much without having a plan for either price direction, including the extremes, which frequently it seems that the extremes come when not expected, but there are still needs to prepare for them, and it is problematic to go all in to any asset whether bitcoin or anything else if you could have looked at the chart and you could have seen that it had already gone up around 17x from its $4k-ish bottom from either March 2020 or from April 2019.. and going up to $69k-ish in November 2021.

I frequently describe the lump sum buyer at the top as a kind of fantasy situation in which no one would really do.. even though people do those kinds of thing...   

The smarter thing to do, even if you make a lump sum buy at the top, is to continue to buy all the way down and just continue buying, but part of the problem of the lump sum buyer at the top may well be that they don't have any money left for buying... so then the logic may well to be to just sit on the investment, which seems to be your story...

Maybe you will get back to profits, and maybe you never will, and the fact that you sit on your investment rather than continuing to buy, you have a higher price that you have to pray that the BTC price gets back to in order to get back in profits, as compared to the person who continued to buy might well be in the neighborhood of break even or at least way less under water than you, even though maybe the person who continued to buy may well have had ended up investing more into bitcoin.. so instead of buying 1 BTC at $69k (or whatever price and amount you bought), the one who continued to buy may well have ended up buying 2 BTC for a total amount invested of around $95k (see the DCA of $250 per week for the last two years to have had resulted in $26k invested and about 1 BTC accumulated).

So yeah having 1 BTC for $69k versus having 2 BTC for $95k might not feel like it makes too much of a difference, even though there are ways to bring down your average cost per BTC and there are ways to consider that it is fucking less than smart to go all in when the price is rising like that.. even though surely a decent number of people are lured into that kind of FOMO.. and also many of them end up selling - and cutting their losses way sooner rather than riding it out, so there is a bit of smarts to just let the investment ride out when a guy (or gal) realizes that s/he had made such a mistake in the event that s/he is not able to continue to invest to bring down his/her average cost per BTC.

Don't get me wrong.  I did something similar in late 2013 when I first got into bitcoin, and so I continued to buy bitcoin through 2014, 2015, 2016 and 2017 (even though I did not really inject very much new money starting in about late 2016), and so my very first coin was in the negative all the way from late 2013 until about March 2017, but my average cost per BTC was only in the negative until about late 2015..... so I can understand the experience of how long it might take to build a BTC portfolio in the beginning and to get the BTC holdings into solid profits.. while at the same time realizing and appreciating that there are no guarantees regarding BTC's price direction or that it might end up going to zero, so there are needs to figure out position size in accordance with how much you want to put into such a bet.

Regarding your whinny comment about stocks out performing bitcoin in the period in which you invested, and even if true, you remain a dumb-ass if you believe that stocks are a better investment than bitcoin, even if you can figure out ways to spin facts or to selectively look at the bitcoin versus stocks situation in such a way to whine about it and to presume stocks to be a better investment... That kind of comment and dig at bitcoin, sounds quite disingenuine to me... or maybe you are just whining?  In any event, good luck with your investment into stocks and into other non-bitcoin assets, if you believe that is the direction to go..you are likely going to need a wee bit of good luck on your side.

In this case I prefer to say depreciation because in the end the loss is when they buy high but sell when the price drops because of panic and don't want to get the worst condition with the value continuing to weaken but when you hold it I think at this time it still cannot be said to be a loss because you still keep the same amount (in bitcoin) but the value is shrinking.
When something like this happens then I think there is no problem because this is not a short-term investment and if you want more profit then at least it takes longer than imagined. On the other hand, precisely the moment of decline like this must be maximised properly because this is a condition for us to increase the load for the portopolio that we have so that when an increase occurs in terms of value for bitcoin we get more profit while waiting for the price we bought before at a high enough price again.

I agree that only Bitcoin deserves attention when we talk about investing our money, since all other tokens significantly increase the risk for our investments and I do not understand why we need to increase the risks.

If we look at the entire market, what I see is how the entire market is moving behind Bitcoin, in rare cases some token can pump without being tied to Bitcoin, but this is the exception rather than the rule and in the end it will still fall. Many shitcoins are created with only one purpose, to take money from gullible people, so when buying these tokens it becomes a game of luck, or you will be lucky to sell with a profit, if not, then there is a chance to lose everything.

When I buy Bitcoin I don't worry about all this, I'm confident in my investment and I'm realistic about my goals. And those who buy altcoins often expect some unrealistic goals and end up not selling when they should.

From experience achieved so far I think I might be the least person to be easily convinced about undiluted project or do I say shitcoin to hold, then when I never fully got into routed here I was actually being washed by some projects that promised to list at some prices which we never see that as a sweet and cooked organized and romanced lie to lure investor into holding bigger portion of their shitcoin (token) per say. But was blindfolded by greed maybe I think was equating a token to carry same symmetric load as ethereum maybe bnb, that was the concepts that over shadowed me but at some point I began to understand the team weren't active the price began to declined at then was very smart to have sold before a bit above my bought point so my funds was actually recovered since then i really back off from shitcoin that is organized to steal your real funds from you. The bottom line is bitcoin is the best because when it gets down you only need patients for it to bounce back again but to other altcoin hardly bounce back and some of them dies from there.