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.

Josefjix

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Quote from: DevilSlayer on April 29, 2023, 08:07:38 AM

Consistency is the real deal and it is where the successful investors and the losers seperates off, those who people who keep making money on the market have the consistency about reading books that can help them to improve, keep evaluating their mental health, keep researching about latest news on their niches and also the focus that they give to what they do. Losers do not do that, they just simply study overnight and they think that they already knows anything and when they experience huge losses, they will ask theirselves if they did a wrong thing.

Market will eventaully rewards as if we did our part, so what is our part? It is by being consistent on learning new things about market. Once you made an investment on bitcoin or other assets, you are already a forever student in the market and you need to keep learning and growing to ride different opportunities. For me learning to be consistent is not easy work, iti takes time to be consistent and we can have it by developing good and healthy habits. Once we have consistency, it can help us to maximize our gains and see a lot of opportunities.

The foundation of everything in the market is determination and discipline; experiencing gains and losses, the countless times you stood back to your heel and kept pushing is consistency. Rewards are earned rather than given. Depending on the type of trader one aspires to be, the market can be either good or detrimental for them. Scalpers prefer the daily and smaller timeframes of the charts, while long-term traders wait months and weeks before wrapping up a trade. Opportunities emerge in the market on a daily basis; it is our responsibility to draft solid entrance into the market and activate our TP when they achieve our targets. Consistency is important in the market; it is difficult to begin learning at first, but as time passes, it becomes a daily routine. We all need to adapt to the new era of our generation which is the digital age. Following up trending news and price actions in the market with full confidence of gaining from it specifically profits and vital information.

bitzizzix

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Quote from: crunck on April 29, 2023, 12:23:32 AM

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...

Great, as a newbie, you can provide all the essentials needed for successful investing. But I don't think many people will do all of that in the short term. I mean, newbie needs time to learn, and to do these things is not easy. Because in theory, it sounds very simple, but when we fall into that situation, everything will be very different.

And a great beginner does both theory and practice, and does it in small ways first to be able to learn in depth about bitcoin investment, especially knowing the risks that will be faced.
because it's a self-help way that won't blame anyone for the drawbacks of learning from others, and what the OP mentioned is a good thing to do as long as doing everything consistently and hands-on experience will make you better.

isaac_clarke22

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Quote from: DanWalker on April 29, 2023, 03:03:05 AM

You will be stressed when investing in bitcoin because you are not ready or do not fully understand it. But once you understand everything from the benefits as well as the risks you face, you will never feel stressed again. Don't try to distract yourself with those things, it's better to face them and find a solution, then you will feel more confident with your investment.

Like me, when the bear market came, I was so excited and even wanted things to fall even more, bitcoin fell even more because I knew it was a time of opportunity, not a time of fear. Honestly, bitcoin spike makes me unhappy, I want bitcoin to drop to 10k or maybe lower that would make me happy because I can go shopping super cheap.

Adding up to what you just said, how about invest what you're willing to lose instead so that there ain't no stress going to happen. People tend to invest into something that they just know that they can earn from it, but they seemingly forgot on the what ifs.

About the bear market stuff, it's kinda funny that people see that as a threat instead of an advantage. I guess with that we can see the people who just didn't have the patience at all therefore panic selling.
It's the "Great Filter" all over again, lol. Cheesy

Quote from: Andrija Branislav on April 29, 2023, 02:33:32 AM

Yes, Investing in Bitcoins can be very stressful, but it is important to remember that fear is just another emotion, such as excitement or greed. One way to deal with this is to distract yourself with other things and only invest what you can afford to lose. That way, even if the price drops, you won't lose any sleep over it. It won't be long before you start to see the fruit of your investment, so my opinion on that is sit back, relax, and let the market do its thing.

Distracting yourself away from the thought of losing your money is quite difficult if you would ask me. Just keep it that what you invest is what you afford to lose so that you won't have any extra steps or even visit therapy after a month.

DevilSlayer

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Consistency is the real deal and it is where the successful investors and the losers seperates off, those who people who keep making money on the market have the consistency about reading books that can help them to improve, keep evaluating their mental health, keep researching about latest news on their niches and also the focus that they give to what they do. Losers do not do that, they just simply study overnight and they think that they already knows anything and when they experience huge losses, they will ask theirselves if they did a wrong thing.

Market will eventaully rewards as if we did our part, so what is our part? It is by being consistent on learning new things about market. Once you made an investment on bitcoin or other assets, you are already a forever student in the market and you need to keep learning and growing to ride different opportunities. For me learning to be consistent is not easy work, iti takes time to be consistent and we can have it by developing good and healthy habits. Once we have consistency, it can help us to maximize our gains and see a lot of opportunities.

GiftedMAN

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Good points OP hope you will also not forget to be original because a lot of newbies have failed in the forum here because they tried to be faster than themselves and in return they ended up coping the work of others without giving credit to them which we all know as plagiarism. Your points are good and since you mentioned that newbies should keep learning which is important, strive to be a good forum user by taking out your time to visit the beginners and help board so you can read and learn from so many questions and contributions that has been provided there by other forum members and remember to always read and understand the contribution of any user here before you respond to them, good luck.

ElmedoRator

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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...

But what you mentioned is indeed very true for newcomers, but the process of experience makes us gradually forget all the knowledge we have learned and see things gradually in the direction of greed, selfishness, delusion.
What I have learned after many years in this environment is that I am really grateful for all the things that have been and are happening, I hope everyone will always be positive right from the start to make money to change their finances. individuals benefit themselves, their families, and others. Indeed the crypto market is a huge opportunity but also full of risks without the experience, wish everyone good luck when accompanying the market and always making efforts.

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Quote from: Andrija Branislav on April 29, 2023, 02:33:32 AM

Quote from: retreat on April 29, 2023, 12:17:26 AM

This fear is normal because after all someone expects that they are profitable instead of losing when investing in Bitcoin. Usually what I do to get rid of this fear is to distract myself from my investment and invest using money that I can afford to lose, usually I reduce my allowance and set it aside to invest in Bitcoin periodically. So even if the value of the asset decreases, it doesn't matter because it's money that I'm ready to lose.

Yes, Investing in Bitcoins can be very stressful, but it is important to remember that fear is just another emotion, such as excitement or greed. One way to deal with this is to distract yourself with other things and only invest what you can afford to lose. That way, even if the price drops, you won't lose any sleep over it. It won't be long before you start to see the fruit of your investment, so my opinion on that is sit back, relax, and let the market do its thing.

You will be stressed when investing in bitcoin because you are not ready or do not fully understand it. But once you understand everything from the benefits as well as the risks you face, you will never feel stressed again. Don't try to distract yourself with those things, it's better to face them and find a solution, then you will feel more confident with your investment.

Like me, when the bear market came, I was so excited and even wanted things to fall even more, bitcoin fell even more because I knew it was a time of opportunity, not a time of fear. Honestly, bitcoin spike makes me unhappy, I want bitcoin to drop to 10k or maybe lower that would make me happy because I can go shopping super cheap.

Andrija Branislav

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Quote from: retreat on April 29, 2023, 12:17:26 AM

This fear is normal because after all someone expects that they are profitable instead of losing when investing in Bitcoin. Usually what I do to get rid of this fear is to distract myself from my investment and invest using money that I can afford to lose, usually I reduce my allowance and set it aside to invest in Bitcoin periodically. So even if the value of the asset decreases, it doesn't matter because it's money that I'm ready to lose.

Yes, Investing in Bitcoins can be very stressful, but it is important to remember that fear is just another emotion, such as excitement or greed. One way to deal with this is to distract yourself with other things and only invest what you can afford to lose. That way, even if the price drops, you won't lose any sleep over it. It won't be long before you start to see the fruit of your investment, so my opinion on that is sit back, relax, and let the market do its thing.

landheer

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yes, in that case we should
have strong patience and don't forget that investment in btc must be enjoyed.

and in my opinion, don't make investment in btc a main job so make it a side job that way we will enjoy our investment even though there are times when btc prices drop and don't forget to use idle money to invest in btc and also we must be prepared if the money we invest in btc lost or loss.

so the most important thing in investing in btc in my opinion is to be prepared for risks.

crunck

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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...

Great, as a newbie, you can provide all the essentials needed for successful investing. But I don't think many people will do all of that in the short term. I mean, newbie needs time to learn, and to do these things is not easy. Because in theory, it sounds very simple, but when we fall into that situation, everything will be very different.

retreat

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This fear is normal because after all someone expects that they are profitable instead of losing when investing in Bitcoin. Usually what I do to get rid of this fear is to distract myself from my investment and invest using money that I can afford to lose, usually I reduce my allowance and set it aside to invest in Bitcoin periodically. So even if the value of the asset decreases, it doesn't matter because it's money that I'm ready to lose.

YUriy1991

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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...

True, sometimes investing in Bitcoin many always wonder when its value will change one's financial situation significantly especially as a beginner, often feeling overwhelmed and unsure about the crypto market.

Yes, I agree with the advice the OP gave to stay positive and focus on decision making, rather than getting caught up in hype or negative comments from Bitcoin haters. Since the crypto market is inherently volatile and unpredictable it means that it is very important to remain patient and hold on to the investment for the long term, rather than selling frantically during periods of stagnation or decline Wink

.

Don Pedro Dinero

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Quote from: tread93 on April 28, 2023, 11:29:52 PM

These are all great points and traits of Bitcoiners to possess. All investments pose a risk. Its like fishing. You're never guaranteed to catch the fish, but what you are guaranteed is the experience of getting out on the water, casting you line out and making a real effort to catch that fish. In order to catch fish you have to put yourself in the position to catch that fish!!!

Yes, I think the best way to approach bitcoin investment is with patience, because despite the great profitability it has given since its inception, there have been many people who have lost money because they did the opposite of what they should have done: they bought high in a bull market, near the peak, and sold out of pessimism when the price fell and the bear market began.

The best thing to do is to take the long view. Buy as much as you can, and wait, better if it is two cycles or more. If you want to sell, take advantage when the price has beaten ATH to make partial sales, and when the price goes down and there are people saying that bitcoin is going to go below $1,000 or even 0, you can reload more.

Above all, patience.

tread93

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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...

These are all great points and traits of Bitcoiners to possess. All investments pose a risk. Its like fishing. You're never guaranteed to catch the fish, but what you are guaranteed is the experience of getting out on the water, casting you line out and making a real effort to catch that fish. In order to catch fish you have to put yourself in the position to catch that fish!!!

Supreemo

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Quote from: Lorence.xD on April 28, 2023, 11:09:34 PM

That's actually a good motivation and recommendation you've mentioned OP. I think you forgot some important that are included when you do investment or trading. Your emotional stability is one of the factor that you should be aware since it can affect your decisions that could led to bad ones. Managing your money of course comes first as you do trading/investing you should always have a plan what you put in the market because you might not afford to lose that money that you'll be needing soon. Still that's a good observations take your time to study and do your research in this industry OP.

first of all in making decisions is as what you have said you need to have a emotional stability and also has a control over yourself cause when it comes to investment fear is the number one problem, you'll always think that what if you're investment will go to waste or you might get a loss all of it that's why it is important to have a better understanding, do more research before entering and always have a positive side of life.

Lorence.xD

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That's actually a good motivation and recommendation you've mentioned OP. I think you forgot some important that are included when you do investment or trading. Your emotional stability is one of the factor that you should be aware since it can affect your decisions that could led to bad ones. Managing your money of course comes first as you do trading/investing you should always have a plan what you put in the market because you might not afford to lose that money that you'll be needing soon. Still that's a good observations take your time to study and do your research in this industry OP.

CarnagexD

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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 say these things:
1. Learn to be patient and stop learning strategy when you found your own system. Don't get caught up on system hopping. Instead learn when to take profit, when to take stoploss, and more importatantly when to wait and when to engage the market.
2. Be consistent and be willing to ask questions where confused or better if you DO YOUR OWN RESEARCH. Everything is one search away. Don't rely too much on to other people's comment.
3. Always be optimistic and put in your best effort. Be truth fully honest with yourself and your development. It's okay to be discourage sometimes but it's your responsibility to get back in track.
4. Remove fear, buy when it's best for you and hold as if you don't care. Wrong! Do not be a holder. Be a smart investor. Don't buy unless you have a plan and a system properly laid out.
5. Avoid listening and reading wrong information from Bitcoin haters and bitcoin slaves.

Always remember, all us here aims to make money and not to be right. There is no right or wrong information. Just find the right one that works for you and you're ready to go.

romero121

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Vave.com - Crypto Casino

Patience to learn is good, when you start learning try to implement what you've learnt. This will give the best understanding than just receiving information from different sources. These days buying bitcoin is not a difficult task. Even the technology lacking person can buy/sell with ease. Just buying a little and continuing to learn lets you go through the variation happening in the market.

Rather than asking questions directly, it is good to get some basic learning and then raise questions. This will help with better conversation and get better clarity.

As most users suggested going for a buy at any point is good. Find the right chance to buy at the bottom to avoid the time of holding.

We'll get to see more and more wrong information and fearful information getting circulated around. We shouldn't be reacting to it, the market is getting widened with time. Influencers and Whales on the market try to make impact on the market and we shouldn't be the prey.

Fiatless

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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.

All your points are valid. Every Bitcoin holder must be patient, consistent, and brave. You need patience because the price of Bitcoin is volatile so you need to keep holding even in the face of uncertainties and a price drop. You would always hear scary news from different news outlets that might make you sell your coins below your purchasing price. This is why you need to be brave and stand strong no matter the pressure or attacks.

The title of your post is "It won't be long" but nobody knows how long it will be. That is why we need to consistently follow our investment plan. To be free from pressure, it is advisable not to use loans or credit facilities to buy Bitcoin. Most people feel that it can make them rich overnight, so they go as far as using loans to buy the coin. Personal and other savings is the best type of fund to use for Bitcoin investment.

Quote

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..

The best approach to learning from this forum as a new member is to open your mind to learn, your eyes to observe, and let your hand be fast to ask relevant questions but slow to contribute until you have learned.

tabas

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Activity: 3024

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A long term investor of Bitcoin is truly having all of those traits. You get to see the past movement of bitcoin and cycles and so, you understand that it's not going to take any longer. Patience is one of the important factors in here as we invest in bitcoin, those cycles that includes the halving which is the most impactful thing that shall increase the price of bitcoin.

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

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

This is actually fun when you know yourself that you can't be moved and influenced by them. However, it's better to avoid them at all cost so that no negative thinking shall be inserted into your mind because if it does, that might give you a panicking feeling whenever the price drops a lot.

Baofeng

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On the contrary, why not really face the fact, if you want to really get a big profit in our investment in Bitcoin, it's going to be painful, long and you need to have a lot of mental toughness along the way. Just think of it HODLing it long for at least one full bear/bull cycle, and that is going to be 4 long painful years. There will be obvious challenges that sometimes you want to sell your stash because the price is going down hard. But you keep on grinding hard, accumulating in the bear market, DCA weekly/monthly and then staying in the game. And after that, we enter the bull run and that's where all our hardship is going to pay off. Those sleepless nights, the stress and pressure are now gone. So I will suggest to really have that resilience inside of us and soon we will be rewarded. Delayed gratification is the key.

Bananington

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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?

Your life may not just change financially just because you have bitcoins in your wallet but no money to spend. Financial change is when you, who is someone that normally don't have money and always lack, begins to have money to spend. Bitcoin may not offer you that because even when the bitcoin your have rises, you will still want to hold for some more time, and even if you decide to withdraw the bitcoins you have that has gained, because you are financially wise, you will not be able to take it all or even a greater amount than what you will want to keep.

Cryptomiles1

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What I noticed mostly is that those who are panicking about not making big profits from bitcoin are those who fails to take good opportunity from investing at the right time, So possibly they are panicking because they aren't getting anything from it. Let say when bitcoin were down to $1k or even lesser they didn't pick up or sermon courage to invest at that point but they didn't utilized those chances rather waiting to see the ends of it, but today bitcoin have left them and the little place they met it was to high for them to acquire more and even if they bought it was very hard for them to wait for the price to moon.

BitDane

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Quote from: zasad@ on April 28, 2023, 04:46:25 PM

You can hod bitcoin and expect a price of a million dollars. It is possible, I do not deny it, but when the price is a million dollars, the purchasing power of the dollar may be weak. If you want to get rich, you have to take risks. The same GPT Chat opened up many opportunities for the future mainstream. And then there will be many interesting projects in the crypto industry that are worth investing in and it is possible to make a profit. Bitcoin is good for rich people, and if you have a small investment of 1-5 thousand dollars, and you want to get 100-500 thousand, then bitcoin is not the best choice.

Analyzing the growth of Bitcoin price, it maybe the two. Adoption or the valuation of dollar become weak. I agree the possibility of Bitcoin getting into a million dollar a piece can be due to weaker dollar purchasing power caused by hyper inflation. But there is also a possibility of Bitcoin reaching 1m dollar value because of global adoption. Though it is easier to achieve with the mixture of both inflation and adoption.

Bitcoin is good for all people not only the rich one, anything that can bring profit regardless of being small or huge is good for everyone but of course we should set our expectation in reality.

zasad@

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You can hod bitcoin and expect a price of a million dollars. It is possible, I do not deny it, but when the price is a million dollars, the purchasing power of the dollar may be weak. If you want to get rich, you have to take risks. The same GPT Chat opened up many opportunities for the future mainstream. And then there will be many interesting projects in the crypto industry that are worth investing in and it is possible to make a profit. Bitcoin is good for rich people, and if you have a small investment of 1-5 thousand dollars, and you want to get 100-500 thousand, then bitcoin is not the best choice.

salad daging

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Bitcoin To The Moon 📈📈📈

Don't ask too many questions about when bitcoin will go up indirectly you expect a faster and more impatient increase, so wait more because we know bitcoin will always go up at a certain time so just waiting for the right moment maybe next year or the year after.

Well, beginners are usually impatient and ask questions here and there about bitcoin price predictions and that's usually to strengthen their hearts so that there is hope with bitcoin, but I'm sure anyone who invests in bitcoin will smile later towards ATH after the halving.

The 5 points above are pretty good, just apply our principles, don't give up easily and stay patient, one day it will produce better results if bitcoin ownership is not sold quickly.

Now it is appropriate to continue to accumulate bitcoins.

taufik123

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The 5 points you mentioned are generally known by crypto users who want to invest.
Buying and holding Bitcoin is an investment that will provide good returns in the long-term.

But you need to add on how to do good money management so that your patience and consistency are not wasted.
Financial management will refer to how much money is used to buy and purchases are made gradually which can be called the DCA method.
Because if it is not balanced with DCA, you will only be silent when the market starts to crash, even though it is a good opportunity to increase Bitcoin assets.

Make sure the main target is achieved and always be optimistic and don't panic when the market crashes.
Use money that you can afford to lose, don't use money that is still being used for other purposes.

Smartvirus

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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?

Isn't this putting way more expectation on bitcoin?
"For it to change your life financially!"

If coins could talk I think it would scream "please...go easy on me right now".

Bitcoin has got some good enough potentials but, your ideas and the means by which you choose to invest is what would be life changing. Have it that you could as well lost in your bid to attain financial success but that shouldn't discourage you from trying. Put in efforts and get them results but, bitcoin doesn't change your life, your ideas will.

Dzwaafu11

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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...

great original post You mentioned some great ideas that will help everyone who joins our site for the first time. Since this forum is always available to help, feel free to always ask questions and make corrections What I'd like to add is that beginners tend to trust people too easily, especially if they have a lot of experience in the forum or are knowledgeable about bitcoin and other cryptocurrencies, both of which I believe increase your risk of being scammed. As a beginner, come straight to these forums whenever you're confused or have a question; don't let anyone else know because they might use that information against you. Once again, I'd like to thank the OP.

knowngunman

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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.

I must first of all commend you for your contribution to help the new comers to crypto but these are not only peculiar to Bitcoin rather to every of our daily dealings. Patience is very important in every aspect of human life not only when it comes to crypto. Not being patient will lead to wrong decisions and loss of funds.

Learning and asking questions when necessary is very vital as it helps one to be current and prevent from being led astray. One who asks can never be lost. A proverb in my local dialect Grin

Listening to BTC haters kill one's spirit of BTC investment. Make and your decisions and stick to it. Never allow anyone to discourage you. We've seen stories of people been discouraged and later successful with Bitcoin here and outside this forum as well. Self research is highly recommended thou.

Quote

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're right mate bitcointalk.org has been more helpful than Google when it comes to Bitcoin. Majority of us here owed Bitcointalk founder a very big gratitude for initiating this space and serving people with the right information needed. However, one should also embark on self research to be more acquainted with what you're investing into.

Merit.s

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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.

lionheart78

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↑↑↑ This is a good list of traits to practice. In an investment where we want to engage with. Knowledge about the investment is indispensable. It is a must. Upon learning and when we commit with the investment, patience is another virtue needed the most. Obviously we need to believe in our judgment and decision, the reason why there is a need for thorough research. Lastly, I think it is still a long road ahead for Bitcoin to break its ATH. About more than a year or at most two years if ever history will repeat itself.

Indeed if the expected is about to happen Bitcoin will put a smile on those who have the patience to hold their stash until the Bitcoin performs its ATH breaking act which is suppose to happen a year after the halving event.

bittraffic

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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

Vicson1

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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...

Topic: It Won't Be Long. (Read 432 times)