It Won't Be Long. | Bitcointalksearch.org

BVeyron

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Quote from: Vicson1 on April 28, 2023, 03:02:54 PM

Have you bought btc to HODL and wonder when it will rise to a point where your life will be changed financially?
Are you a newbie like me and everytime you log in to the group the best you do is to read and wonder when you'll understand the system and grow?
Have you made investments and it seems stagnant not knowing whether to pull out or hold on a little?
I want to tell you that it won't be long and you'll smile soon. just do the following
1. Be patient and keep learning (whether newbie or guru)
2. Be consistent and be willing to ask questions where confused
3. Always be optimistic and put in your best effort
4. Remove fear, buy when it's best for you and hold as if you don't care
5. Avoid listening and reading wrong informations from Bitcoin haters.

One of the things I have learnt on this platform is to learn, make research more than comment And i have learnt a lot and still learning and opened to learning
Be encouraged btc will make us smile...

You are right! BTC and main alts are suitable for long-term hodling, so that the best strategy is to be patient. Panic ruins long-term investments. I doubt that BTC can make someone rich in a couple of months, but it can bring some profit for those who dare to be patient...

Baoo

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Well, you have mentioned some interesting tips as a newbie. In addition to that, it is really important to take your time by making some researches, educating and learning the elements of trading before you even start. Hastiness may lead you the terrible results. In fact, I encourage you read some useful books, they provide a perfect introduction of digital currencies and contain effective information. Moreover, it you want to avoid the risk of loss at the beginning of your trading career , then you should start with a low capital , build different and multiple strategies, and take it step by step until you gain enough experience. At that moment, you can add more money on your capital.

Agbe

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If it is possible this is the best time to invest for now, because. I don't think bitcoin will still go down to 10k dollar before this year will end as people predicted. I foreseeable future of bitcoin is going highrt, ad it is with this 27, 28, 29 and 39 thousands dollar might be the minimum price for the year. So if anyone want to buy bitcoin in this year, they should not wait till the price goes down. Reading others post is one of the best way to progress in the forum. When you have read and known then you comment what you read and known. Don't just post because you have read.
Thick Skin is also one of the thing one must know and do.

glendall

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Quote from: Vicson1 on April 28, 2023, 03:02:54 PM

Have you bought btc to HODL and wonder when it will rise to a point where your life will be changed financially?

I'm not 100% sure about this sentence, because financial freedom can't be measured whether or not BTC is in our savings, basically it can be said to be financially free for me for 1 month of life not lacking in meeting needs and plus unexpected costs and entertainment are fulfilled

Faisal2202

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Quote from: Vicson1 on April 28, 2023, 03:02:54 PM

One of the things I have learnt on this platform is to learn, make research more than comment And i have learnt a lot and still learning and opened to learning
Be encouraged btc will make us smile...

You are so confident as you had read this thread and 100% sure that BTC will make its All Time High in around 2024. I totally agree on your all points but things are not as simple as they look, most of the investors or i should say newbies, invest a little or lot of money they don't do DCA and put all there money at once. Plus, they easily fall prey to market sentiments, most of the newbie's or early holder's emotions are motivated or played by their friends which have less knowledge about market situation and they (friends) only read one or two articles and started to give lectures or scare them about market which also motivated them to not hold for longer period of time.

Plus, small investments make small profits, so rather then showing newbies big dreams of becoming rich or millionaire in one or two years show them the true face of market, and financial situation.

KiaKia

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Quote from: Merit.s on April 28, 2023, 03:25:37 PM

Quote from: Vicson1 on April 28, 2023, 03:02:54 PM

5. Avoid listening and reading wrong informations from Bitcoin haters.

In addition to all that has been mentioned by OP, you should also be positive about your investment yielding good profit someday. Don't panic if the price dumps because it will pump again. Also be positive that you will grow in the forum and give yourself more time to learn and make research on your own. Bitcoin investment is like a new born child that takes time before he/she becomes a toddler. Having the market analysis knowledge will keep you stronger to hold for long.

That is if OP doesn't buy at ATH, if you buy altcoins at ATH you are in deep trouble already, because many altcoins won't ever see their ATH of the past again, so you will lose a lot of money, but judging from past bear market, almost all coins and tokens surge in price, even the worst projects still do up to 200% and more, it's like a bonanza period where both good projects and shit projects will bring profits to all investors.

Avoid buying at a high price or ATH, always risk your money when dips or corrections happens, and it won't stay in the dips for a long time, so there is no way you won't make some money.

I prefer you hold long term also, because some people are always in haste to make money and they sell too soon when they see 3x gains and instead of buying back at a lower price they walk away and later the price surge even higher, some take profits hoping for some corrections and it never happen, this is why knowing how to read charts is good.

m2017

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Quote from: Vicson1 on April 28, 2023, 03:02:54 PM

Have you bought btc to HODL and wonder when it will rise to a point where your life will be changed financially?
Are you a newbie like me and everytime you log in to the group the best you do is to read and wonder when you'll understand the system and grow?
Have you made investments and it seems stagnant not knowing whether to pull out or hold on a little?
I want to tell you that it won't be long and you'll smile soon. just do the following
1. Be patient and keep learning (whether newbie or guru)
2. Be consistent and be willing to ask questions where confused
3. Always be optimistic and put in your best effort
4. Remove fear, buy when it's best for you and hold as if you don't care
5. Avoid listening and reading wrong informations from Bitcoin haters.

One of the things I have learnt on this platform is to learn, make research more than comment And i have learnt a lot and still learning and opened to learning
Be encouraged btc will make us smile...

Completely disagree with the title. It's just going to be long. It is impossible for financial life to change suddenly in a matter of moments. With luck, some profit can be made from investing in bitcoin without waiting too long. But for it to radically change your life, it will take years.

Take a look here - https://bitcointalksearch.org/topic/m.62130052

It took 10 years for an early BTC-investor to become a multimillionaire and you say "It Won't Be Long".

yudi09

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Quote from: Vicson1 on April 28, 2023, 03:02:54 PM

I want to tell you that it won't be long and you'll smile soon. just do the following
1. Be patient and keep learning (whether newbie or guru)
2. Be consistent and be willing to ask questions where confused
3. Always be optimistic and put in your best effort
4. Remove fear, buy when it's best for you and hold as if you don't care
5. Avoid listening and reading wrong informations from Bitcoin haters.

In my opinion, points 1, 2, 4 and 5 will lead to point no 5, namely optimism that the target will be achieved.
For beginners, I think it's a good basic idea that needs to be practiced in holding Bitcoin.
For traders who do day trading may have a different view.

An additional point from me is to control your emotions.
Point number 5 can be a trigger for enthusiasm in analyzing where they are going when they corner Bitcoin so that we can strengthen our sense of optimism and eliminate doubts.

mvdheuvel1983

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Patience is a must when it comes to bitcoin investment. Regardless of how long or short it takes to yield profit.
It is very hard for humans to be patience when it comes to money. We are alwaya anxious to make much money forgetting that everything takes time.
When you buy bitcoin, hold it and be patience with time you will enjoy your fruits. Not too long. Even if it is five year or more, no time is too much to wait so long as it is worth waiting.

Yatsan

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Quote from: Rengga Jati on April 29, 2023, 04:35:25 PM

Investing will be exaxtly worthy and promising if we really know the best time to invest, not only because the price is starting to rise up again, but how the bearish phase is ongoing and still becomes enoguh time to buy. Some people may prefer to choose investing wyen the price is riising up or in hype with bullrun. But this is not true at all in any cases. When you can add more Bitcoin during this bearish era and you can get what you are expexting to. it means that you can earn higher money if we are able to be long term holder, at least facing Bitcoin's ATH next bullish era. Just keep being patient.

When I was starting, I viewed this market as having no pattern but eventually I have learned and realized that the market price would only go to two directions, up and down. It is patience which is required in order to generate profit from this industry and unfortunately, not all people have that which results to loss or being squeezed in the middle. Investing right now could be an advantage and disadvantage; the price could fall in any day. Ofcourse waiting for the dip would generate bigger profit but what if the market price suddenly increase in a consistent manner? You'd be late with your ideal entry point right? Samething either you are long term or short term investor.

The Cryptovator

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It seems like you advised yourself to conduct more research before commenting in this forum. Similarly, it would be helpful if they did some research before creating a thread. I'm curious about the purpose of this particular thread. The information you've shared is already widely known among Bitcoin users, so I'm unsure of its value. If the thread is intended for beginners, it may be better suited for the Help & Beginners section. Ultimately, I didn't see anything new added to the discussion.

Rengga Jati

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Investing will be exaxtly worthy and promising if we really know the best time to invest, not only because the price is starting to rise up again, but how the bearish phase is ongoing and still becomes enoguh time to buy. Some people may prefer to choose investing wyen the price is riising up or in hype with bullrun. But this is not true at all in any cases. When you can add more Bitcoin during this bearish era and you can get what you are expexting to. it means that you can earn higher money if we are able to be long term holder, at least facing Bitcoin's ATH next bullish era. Just keep being patient.

stomachgrowls

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Quote from: Vicson1 on April 28, 2023, 03:02:54 PM

Have you bought btc to HODL and wonder when it will rise to a point where your life will be changed financially?

No, im that really that too late on the bandwagon if we do compared into those people who do able to get in into those early years of its existence.
If you do able to buy in below year 2013 then do consider that buying a couple or hundreds of BTC could really changed up your life significantly.

Quote from: Vicson1 on April 28, 2023, 03:02:54 PM

Are you a newbie like me and everytime you log in to the group the best you do is to read and wonder when you'll understand the system and grow?

Reading everything is part of learning but as a noob then you should really be careful about a certain risks because you might be that making yourself
that reliant on whatever calls that they would be making which is something that bad and not really really that suggestable on doing so.

Quote from: Vicson1 on April 28, 2023, 03:02:54 PM

Have you made investments and it seems stagnant not knowing whether to pull out or hold on a little?

Lots of times. When you are still that new or doesnt have much experience then you would really be experiencing these stuffs where doubts
and anxiety would really be playing or fighting in between which decisions you would be taking and this is something that you
should learn to control yourself on which you would be molding up such skill later on.

Viscore

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Quote from: bittraffic on April 28, 2023, 03:22:35 PM

As long as you didn't invest when the price was at the ATH, you won't need to wait too long after all the halving will be next year and this year seem to be greener. Its not even late to buy more.

If you did invest at price where its more than $50k, you still can wait for a little longer but for now just say whatever you need to say to yourself Grin

If you enter the market perfectly at its bearish price, then you can actually sell even today knowing you’ll be profiting already. However, if you still aim for maximum profits, then it won’t be long and you will eventually realize it. But stay optimistic and never listen to those who only give you doubts. When the market starts to be bullish, then it won’t be long and hard for you anymore, you are going to experience a life changing profits soon.

rozak

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Quote from: DiMarxist on April 29, 2023, 03:14:28 PM

This is the reason for all the point about patience that you have listed. Having to put all your hope to be rich from bitcoin investment is a wrong idea. Focusing on when you are investing in bitcoin, and excise patience, know the basic knowledge of investment. Every beginner have to deal with the theories and practicals, to know dipper or understand investment very well. If you don't have any experience in bitcoin investment then you should learn how to invest little amount that can afford to lose so in this case you will learn as well as earn but patience is very crucial under serious circumstances and you should think that its the start and you are learning from this act.

Everyone who is going to invest, of course, will learn about anything related to their investment assets. even if it was a novice, they would not rashly invest. learning from other people's experiences is also not a problem, so it is also important to tell stories and listen to the experiences of people who have experience in Bitcoin investment. it will add to our knowledge before starting to invest.

although there are also those who start by entrusting their funds to experienced friends. certainly no one has such experience. when talking to friends, and friends who have money but don't know anything about Bitcoin want to leave their investment with us because they really want to join but are afraid because they don't know anything. it's not recommended, but that sort of thing happens.

teosanru

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Quote from: Vicson1 on April 28, 2023, 03:02:54 PM

Have you bought btc to HODL and wonder when it will rise to a point where your life will be changed financially?
Are you a newbie like me and everytime you log in to the group the best you do is to read and wonder when you'll understand the system and grow?
Have you made investments and it seems stagnant not knowing whether to pull out or hold on a little?
I want to tell you that it won't be long and you'll smile soon. just do the following
1. Be patient and keep learning (whether newbie or guru)
2. Be consistent and be willing to ask questions where confused
3. Always be optimistic and put in your best effort
4. Remove fear, buy when it's best for you and hold as if you don't care
5. Avoid listening and reading wrong informations from Bitcoin haters.

One of the things I have learnt on this platform is to learn, make research more than comment And i have learnt a lot and still learning and opened to learning
Be encouraged btc will make us smile...

I would differ from you here slightly. What I have realised after trading is that not everyone is meant for trading or HODLing. If you are burning out regularly it might be that you don't have the trader mindset or the trader instinct. It's not by birth but because your general mindset is such that it's too difficult to inculcate a trader in that. You shouldn't feel bad for it and accept it and let this opportunity pass. I have felt that once you do this after some time you'll realise you were in this just for money and for nothing else. Trading isn't something that excites you and once you get this feeling you'll start to feel good as well. Just make sure you don't see the markets again every so you don't regret your decisions.

DiMarxist

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This is the reason for all the point about patience that you have listed. Having to put all your hope to be rich from bitcoin investment is a wrong idea. Focusing on when you are investing in bitcoin, and excise patience, know the basic knowledge of investment. Every beginner have to deal with the theories and practicals, to know dipper or understand investment very well. If you don't have any experience in bitcoin investment then you should learn how to invest little amount that can afford to lose so in this case you will learn as well as earn but patience is very crucial under serious circumstances and you should think that its the start and you are learning from this act.

AnonBitCoiner

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There is a fact that learning does not completed because with passage of time there will be new things to learn about because if you learn everything you will not face any hazards but the fact is that there is no one who does not face any difficulty.

The points you described are really good and easy to understand so I think that following these advises will be very beneficial for you. If you don't have any experience then you should invest little amount so in this case you will learn as well as earn but patience is very crucial under serious circumstances and you should think that its the start and you are learning from this act.

Gozie51

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Quote from: Vicson1 on April 28, 2023, 03:02:54 PM

Have you bought btc to HODL and wonder when it will rise to a point where your life will be changed financially?

This is the reason for all the point about patience that you have listed. Having to put all your hope to be rich from bitcoin investment is a wrong idea. You have to ask yourself question before you start to put your patience to taste on the small Satoshi you have invested. First, ask yourself how much investment in bitcoin are you hodling to expect your financial status to change? To invest and expect such, you should at least have a reasonable percentage in bitcoin this is the fact to consider. Example if you have a bitcoin at the current price of $28,000 then you expect double of it when price get to $56,000 and triple of it when price get to $84,000 and likewise when you have only invested 0.005btc initially. Therefore it only depends on your investment strength and not just the expectation of increase.

kryptqnick

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The only tip I find controversial is always being optimistic. I think that it's important to be a realist and accept losses or risks when necessary. An optimist might borrow money to invest in Bitcoin, hoping it will rise. An optimist might keep hodling despite knowing that some of this money will be needed in the near future. An optimist might stay with Bitcoin even if something terrible happens to it and/or to the world, and people start abandoning cryptos for good. So it's more important to make sure you're not risking anything you can't afford to lose and that you understand that while Bitcoin has been growing so far, there's no guarantee that this will continue.

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