Long-term Bitcoin accumulation continues

jamkesmas

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$CYBERCASH METAVERSE

Quote from: MusaMohamed on February 20, 2023, 09:07:43 PM

Quote from: Inwestour on February 20, 2023, 05:22:18 AM

These are the right thoughts, because now Bitcoin acts as a protective asset, it simultaneously protects our funds from inflation and is a long-term investment that can make us very rich people in the future. Buffett is still a long way off, of course, but he shows us a great example of how long-term investments can turn into huge fortunes.

Buffet would feel that he is very right about cryptocurrency by looking at fiascos of Terra $LUNA, $UST de-peg, FTX and $FTT collapse and bankruptcy as well as other bankruptcies of some big companies like Celcius, Voyager, Three Arrows Capital, BlockFi ... However he is not right about Bitcoin.

With Proof of Work, only 21M BTC in supply, no owner company, no risk from over-leverage by owner, no greed from a single owner like Do Kwon or SBF, no chance to see fiasco like altcoin fiascos.

Quote

I'm likely following the same strategy, my bitcoin investment will be long term, I'll only take some after reaching my goals and the rest will be held. Thus, I will be calm for my funds and they will rise in price and bring me income, in my opinion this is ideal. Grin

Bitcoin is a best for long term investment.

In 2023, bear market is continuing and accumulation is necessary to complete the bear market.

Accumulation trend

In keeping a long term Bitcoin investment, it is best to stay abreast of the latest news about Bitcoin and cryptocurrencies. In addition, it is necessary to consider using appropriate and reliable security technologies, such as secure digital wallets, to keep investments safe.

MusaMohamed

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Quote from: Inwestour on February 20, 2023, 05:22:18 AM

These are the right thoughts, because now Bitcoin acts as a protective asset, it simultaneously protects our funds from inflation and is a long-term investment that can make us very rich people in the future. Buffett is still a long way off, of course, but he shows us a great example of how long-term investments can turn into huge fortunes.

Buffet would feel that he is very right about cryptocurrency by looking at fiascos of Terra $LUNA, $UST de-peg, FTX and $FTT collapse and bankruptcy as well as other bankruptcies of some big companies like Celcius, Voyager, Three Arrows Capital, BlockFi ... However he is not right about Bitcoin.

With Proof of Work, only 21M BTC in supply, no owner company, no risk from over-leverage by owner, no greed from a single owner like Do Kwon or SBF, no chance to see fiasco like altcoin fiascos.

Quote

I'm likely following the same strategy, my bitcoin investment will be long term, I'll only take some after reaching my goals and the rest will be held. Thus, I will be calm for my funds and they will rise in price and bring me income, in my opinion this is ideal. Grin

Bitcoin is a best for long term investment.

In 2023, bear market is continuing and accumulation is necessary to complete the bear market.

Accumulation trend

Zorigi

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Activity: 74

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maybe now many people are starting to know about how important it is to buy bitcoin and keep it for a long time.
and now people are starting to realize that the safest way to keep bitcoin is in a wallet.

hopefully bitcoin continues to prosper.

nullama

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Quote from: Desmong on February 20, 2023, 04:30:39 PM

It is left for us to buy Bitcoin now that the price is s cheap and accumulate it no w so that we can sell tomorrow when the price goes up. That is who investors roll out there plans and become more richer tomorrow with a mindset to plan for the future so they can make significant amount of money that would continue growing.

No one really knows if the price is "cheap", it all depend on personal circumstances.

If you mined with a CPU then the current prices are not felt as "cheap".

If you bought at the ATH, then the current prices are a bargain.

The thing is that in the future everything will keep changing, and you'll never know at what price it will be selling then.

Desmong

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Crypto bookmaker and casino

It is left for us to buy Bitcoin now that the price is s cheap and accumulate it no w so that we can sell tomorrow when the price goes up. That is who investors roll out there plans and become more richer tomorrow with a mindset to plan for the future so they can make significant amount of money that would continue growing.

lixer

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Quote from: abel1337 on February 19, 2023, 05:01:17 PM

Quote from: Ultegra134 on February 19, 2023, 10:51:26 AM

I'm doing exactly the same. Receiving regular payments from signature campaigns is no different than purchasing Bitcoin yourself. It's actually a great way to acquire Bitcoin if you're not willing to risk your own money. You could potentially sell the minute you receive your payment, but personally, I don't think it's worth it; holding is much more beneficial in the long-term. I'm a little away from my DCA, which is sitting at approximately $28.000 since two years ago when I started receiving signature campaign payments, which isn't too shabby. There's a decent profit margin to be made.

Oh yeah me too! It's one of the way to accumulate bitcoin consistently. It's my own little way of doing DCA since it is assured that you are being paid every week and you will not worry about the hassle of buying bitcoin with your own cash every week. Its hard to expect a good profit from what we are standing right now, I believe it is just way more better to just wait and be more consistent in doing DCA and not touching the payment we are collecting every week. Long term is more worthy since we know that tit will appreciate over the time.

We don't know the future of the campaigns that we are in, if they will last long or not so I wouldn't say consistently but as long as they are still running well, let's make it a habit to save up so that we can secure our future especially if we don't have other jobs right now. If ever we have, then we can still do another DCA, if we want to, so that we greatly increase the number of Bitcoins in our wallets.

We are now in a new year and it seems that things are getting better this time. Just a little more patience and we guys can now enjoy a bigger profit from our long-term investments. Long-term or even short and mid-term, all are worthy as long as you know how to utilize them properly.

Ultegra134

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Quote from: abel1337 on February 19, 2023, 05:01:17 PM

Quote from: Ultegra134 on February 19, 2023, 10:51:26 AM

Quote from: ajiz138 on February 19, 2023, 09:38:01 AM

Quote from: Ultegra134 on January 01, 2023, 01:23:04 PM

As much as people may claim that 2022 was a disappointing year for cryptocurrencies, I beg to differ. I'm not actively purchasing Bitcoin, but I'm saving each signature campaign payment I receive, which is pretty much the same thing. On average, I'm "purchasing" $200 worth of Bitcoin per month. The amount of Bitcoin I received in 2022 is significantly larger than in 2021. Thus, this market condition is a great opportunity to acquire as much as possible for the distant future, when we'll hopefully start seeing a recovery.

I tried with you at every payment for the signature campaign, it will not be sold but kept on hold until it can accumulate more because I believe it will be better than selling just a moment after the money can run out.
If you save in every payment then this is the same as DCA every week I myself is $60 and $240 per month is enough for me to save bitcoin as an additional accumulation and while for other data with bitcoin that I bought before it is also differentiated so that the two are should go well.

I'm doing exactly the same. Receiving regular payments from signature campaigns is no different than purchasing Bitcoin yourself. It's actually a great way to acquire Bitcoin if you're not willing to risk your own money. You could potentially sell the minute you receive your payment, but personally, I don't think it's worth it; holding is much more beneficial in the long-term. I'm a little away from my DCA, which is sitting at approximately $28.000 since two years ago when I started receiving signature campaign payments, which isn't too shabby. There's a decent profit margin to be made.

Oh yeah me too! It's one of the way to accumulate bitcoin consistently. It's my own little way of doing DCA since it is assured that you are being paid every week and you will not worry about the hassle of buying bitcoin with your own cash every week. Its hard to expect a good profit from what we are standing right now, I believe it is just way more better to just wait and be more consistent in doing DCA and not touching the payment we are collecting every week. Long term is more worthy since we know that tit will appreciate over the time.

It's a relatively safe-ish way to accumulate Bitcoin, without risking your own money. It's still money since you could also use an exchange's address and sell them immediately, but if you're being paid a fixed amount in dollars, saving it seems like the best option in the long-term. In our case, having realistic expectations is a must. We shouldn't anticipate yielding 10x gains; I'd be satisfied with a 2x yield too, which shouldn't be too much to ask for. Anything between $50,000 and $60,000 is quite realistic and could be expected in the upcoming year or two.

Inwestour

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Quote from: tygeade on February 20, 2023, 04:14:46 AM

I think that is basically the same thing, you guys are talking about the same thing if you ask me. I know that it doesn't look like that most of the time and you think asset should be sold when it reaches a certain level, but it doesn't have to be sold. Look at Warren Buffet, that dude has been holding some stocks for over 4 decades now, which shows you that you do not have to sell your assets.

This is why buying and holding bitcoin for decades could be called anything, long term investment, asset, currency, whatever. I believe it is one of the best out there and I am one of those people who call it an asset and I am not planning on selling it anytime soon.

These are the right thoughts, because now Bitcoin acts as a protective asset, it simultaneously protects our funds from inflation and is a long-term investment that can make us very rich people in the future. Buffett is still a long way off, of course, but he shows us a great example of how long-term investments can turn into huge fortunes.

I'm likely following the same strategy, my bitcoin investment will be long term, I'll only take some after reaching my goals and the rest will be held. Thus, I will be calm for my funds and they will rise in price and bring me income, in my opinion this is ideal. Grin

mendace

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Pizza Maker 2023 | Bitcoinbeer.events

Quote from: tygeade on February 20, 2023, 04:14:46 AM

This is why buying and holding bitcoin for decades could be called anything, long term investment, asset, currency, whatever. I believe it is one of the best out there and I am one of those people who call it an asset and I am not planning on selling it anytime soon.

Honestly, you have made a mistake by holding onto your bitcoin for so many years without ever spending it. I believe this is one of the biggest mistakes if you aim for mass adoption. If you do not get the economy going, holding onto it will be of no use. Nakamoto's true philosophy was to create a currency that would free us from the financial system, but this cannot be achieved if you hold it as an asset.

crypticj

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Activity: 873

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It's great that more and more people are accumulating bitcoin and not betting against it by selling/ trading it. But I still think that we will see lower prices going forward. But as I always say, DCA is the BEST tactic in any condition.

tygeade

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Quote from: Sarah Azhari on February 19, 2023, 08:13:50 PM

Quote from: My ThuiHa on January 05, 2023, 02:45:35 AM

I think Bitcoin is a long-term investment asset,

You shouldn't think like that.
If you think Bitcoin is a long-term investment asset, you will be lost the asset when the price target catches up and you sold the assets.

don't waste your time with the price.
yes, I know you will got a profit when buying it for $10k and selling it for $60k. then you buy again at 20k and wait until further more, is it not tired?

I have a public idol who has never sold a dime of bitcoin since 2013 he just buy and never sell it. he thinks bitcoin is not an asset investment, but currency, people never sold the currency.

I think that is basically the same thing, you guys are talking about the same thing if you ask me. I know that it doesn't look like that most of the time and you think asset should be sold when it reaches a certain level, but it doesn't have to be sold. Look at Warren Buffet, that dude has been holding some stocks for over 4 decades now, which shows you that you do not have to sell your assets.

This is why buying and holding bitcoin for decades could be called anything, long term investment, asset, currency, whatever. I believe it is one of the best out there and I am one of those people who call it an asset and I am not planning on selling it anytime soon.

death69

hero member

Activity: 1204

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Quote from: Sarah Azhari on February 19, 2023, 08:13:50 PM

Quote from: My ThuiHa on January 05, 2023, 02:45:35 AM

I think Bitcoin is a long-term investment asset,

You shouldn't think like that.
If you think Bitcoin is a long-term investment asset, you will be lost the asset when the price target catches up and you sold the assets.

don't waste your time with the price.
yes, I know you will got a profit when buying it for $10k and selling it for $60k. then you buy again at 20k and wait until further more, is it not tired?

I have a public idol who has never sold a dime of bitcoin since 2013 he just buy and never sell it. he thinks bitcoin is not an asset investment, but currency, people never sold the currency.

If your thinking about investing in Bitcoinn, you better have your wits about you. It ain't no easy-peasy decision to make. Some peeps have scored mad dough off of it, but that's not alwayys the case. Dont be all caught up in the price and tryin to make a quick buck, you gotta think long-term, homie. In my opinon, Bitcoinn aint just an investment, its a freakin revolution in the financial game. That's why I'm holding onto my Bitcoinn for the long hall and only sellin when I need to. But let's be real, cryptocurrency investments are high-risk, high-reward situations, so you gotta play it smart and invest with cautin. The golden rule is to never invest more than what you can aford to lose, playa. That way, if the price tanks, you aint gonna be left cryin' in your beer. The key to success? A solid investment plan and stickin to it like glue

Merit.s

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Lohamor Family

Quote from: ajiz138 on February 19, 2023, 11:54:22 PM

Quote from: Ultegra134 on February 19, 2023, 10:51:26 AM

Quote from: ajiz138 on February 19, 2023, 09:38:01 AM

Quote from: Ultegra134 on January 01, 2023, 01:23:04 PM

-skip-

I tried with you at every payment for the signature campaign, it will not be sold but kept on hold until it can accumulate more because I believe it will be better than selling just a moment after the money can run out.
If you save in every payment then this is the same as DCA every week I myself is $60 and $240 per month is enough for me to save bitcoin as an additional accumulation and while for other data with bitcoin that I bought before it is also differentiated so that the two are should go well.

I'm doing exactly the same. Receiving regular payments from signature campaigns is no different than purchasing Bitcoin yourself. It's actually a great way to acquire Bitcoin if you're not willing to risk your own money. You could potentially sell the minute you receive your payment, but personally, I don't think it's worth it; holding is much more beneficial in the long-term. I'm a little away from my DCA, which is sitting at approximately $28.000 since two years ago when I started receiving signature campaign payments, which isn't too shabby. There's a decent profit margin to be made.

Indeed, this is exactly the same as risking your own money, it's just that what you do from a signature campaign as a side job that makes money can still be used with long-term investment, it's really extraordinary if you keep it up to 1 BTC, why not if maybe if the campaign continues right?

In fact, I will also continue to accumulate bitcoins in any way, including risking my own money that is put in bitcoins, if for example there is an additional trade, airdrop or signature campaign that is still running then I will take advantage of that profit to be included in bitcoins to be used hold on because it's one of the best where we hold on longer.

itcoin price is going up bit by bit and I am planning to buy more btc,since this is the period to accumulate btc till when its the right time to sell. I have only participated in a week signature campaign with hunnyplay when I was a member before they went on restructuring their platform. Funny enough,I still have that btc in untouched in my wallet. Piling my btc to 1btc is my dream but will I be able to resist selling to make profit, when btc hits ATH..nah,that time I might be tempted because I will love to enjoy from my investment.
Wink

ajiz138

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Quote from: Ultegra134 on February 19, 2023, 10:51:26 AM

Quote from: ajiz138 on February 19, 2023, 09:38:01 AM

Quote from: Ultegra134 on January 01, 2023, 01:23:04 PM

-skip-

I tried with you at every payment for the signature campaign, it will not be sold but kept on hold until it can accumulate more because I believe it will be better than selling just a moment after the money can run out.
If you save in every payment then this is the same as DCA every week I myself is $60 and $240 per month is enough for me to save bitcoin as an additional accumulation and while for other data with bitcoin that I bought before it is also differentiated so that the two are should go well.

I'm doing exactly the same. Receiving regular payments from signature campaigns is no different than purchasing Bitcoin yourself. It's actually a great way to acquire Bitcoin if you're not willing to risk your own money. You could potentially sell the minute you receive your payment, but personally, I don't think it's worth it; holding is much more beneficial in the long-term. I'm a little away from my DCA, which is sitting at approximately $28.000 since two years ago when I started receiving signature campaign payments, which isn't too shabby. There's a decent profit margin to be made.

Indeed, this is exactly the same as risking your own money, it's just that what you do from a signature campaign as a side job that makes money can still be used with long-term investment, it's really extraordinary if you keep it up to 1 BTC, why not if maybe if the campaign continues right?

In fact, I will also continue to accumulate bitcoins in any way, including risking my own money that is put in bitcoins, if for example there is an additional trade, airdrop or signature campaign that is still running then I will take advantage of that profit to be included in bitcoins to be used hold on because it's one of the best where we hold on longer.

Sarah Azhari

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Activity: 868

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Quote from: My ThuiHa on January 05, 2023, 02:45:35 AM

I think Bitcoin is a long-term investment asset,

You shouldn't think like that.
If you think Bitcoin is a long-term investment asset, you will be lost the asset when the price target catches up and you sold the assets.

don't waste your time with the price.
yes, I know you will got a profit when buying it for $10k and selling it for $60k. then you buy again at 20k and wait until further more, is it not tired?

I have a public idol who has never sold a dime of bitcoin since 2013 he just buy and never sell it. he thinks bitcoin is not an asset investment, but currency, people never sold the currency.

nullama

hero member

Activity: 1008

Merit: 960

Quote from: abel1337 on February 19, 2023, 05:01:17 PM

~snip~
Oh yeah me too! It's one of the way to accumulate bitcoin consistently. It's my own little way of doing DCA since it is assured that you are being paid every week and you will not worry about the hassle of buying bitcoin with your own cash every week. Its hard to expect a good profit from what we are standing right now, I believe it is just way more better to just wait and be more consistent in doing DCA and not touching the payment we are collecting every week. Long term is more worthy since we know that tit will appreciate over the time.

It's still work though, as you could be doing something else in the time that you're writing posts.

But having said that, it's a nice bonus for providing value to the forum.

I think sites are going to start doing this, like Stack Overflow, where good users actually get sats through lightning.

It's the future of the web, or at least a part of the web.

abel1337

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Quote from: Ultegra134 on February 19, 2023, 10:51:26 AM

Quote from: ajiz138 on February 19, 2023, 09:38:01 AM

Quote from: Ultegra134 on January 01, 2023, 01:23:04 PM

As much as people may claim that 2022 was a disappointing year for cryptocurrencies, I beg to differ. I'm not actively purchasing Bitcoin, but I'm saving each signature campaign payment I receive, which is pretty much the same thing. On average, I'm "purchasing" $200 worth of Bitcoin per month. The amount of Bitcoin I received in 2022 is significantly larger than in 2021. Thus, this market condition is a great opportunity to acquire as much as possible for the distant future, when we'll hopefully start seeing a recovery.

I tried with you at every payment for the signature campaign, it will not be sold but kept on hold until it can accumulate more because I believe it will be better than selling just a moment after the money can run out.
If you save in every payment then this is the same as DCA every week I myself is $60 and $240 per month is enough for me to save bitcoin as an additional accumulation and while for other data with bitcoin that I bought before it is also differentiated so that the two are should go well.

I'm doing exactly the same. Receiving regular payments from signature campaigns is no different than purchasing Bitcoin yourself. It's actually a great way to acquire Bitcoin if you're not willing to risk your own money. You could potentially sell the minute you receive your payment, but personally, I don't think it's worth it; holding is much more beneficial in the long-term. I'm a little away from my DCA, which is sitting at approximately $28.000 since two years ago when I started receiving signature campaign payments, which isn't too shabby. There's a decent profit margin to be made.

Oh yeah me too! It's one of the way to accumulate bitcoin consistently. It's my own little way of doing DCA since it is assured that you are being paid every week and you will not worry about the hassle of buying bitcoin with your own cash every week. Its hard to expect a good profit from what we are standing right now, I believe it is just way more better to just wait and be more consistent in doing DCA and not touching the payment we are collecting every week. Long term is more worthy since we know that tit will appreciate over the time.

Mate2237

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Quote from: RockBell on January 03, 2023, 11:19:38 AM

People who are always interested in short-term deals are currently dissatisfied. Around 2020, I was aware of the prices of bitcoin, and when the bull run began, I was shocked and heartbroken because I had nothing. This year, I don't want to take the chance that there will be a chance to take advantage of the next bull run. And accumulate as I can the next one is going to be huge.

Short term dealers or investors are not yet ready to invest or trade. If anyone wants to enjoy and make good profit in bitcoin investment then the person must engage in long term investment. When I started the journey in 2022 April bitcoin has started coming down even at that it was at the bull for some guys while a bear at others. Even as it is now that bitcoin is 24$k it is a bull for some while it is a bear market for 99% of bitcoiners. This year might me a good year for many. The halving is continue.

2022 was not a disappointment year, it was a great blessing for many plus me. I bought in lower rate and hodling it for the next bull market to deepen it.

Ultegra134

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Activity: 1750

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Quote from: ajiz138 on February 19, 2023, 09:38:01 AM

Quote from: Ultegra134 on January 01, 2023, 01:23:04 PM

As much as people may claim that 2022 was a disappointing year for cryptocurrencies, I beg to differ. I'm not actively purchasing Bitcoin, but I'm saving each signature campaign payment I receive, which is pretty much the same thing. On average, I'm "purchasing" $200 worth of Bitcoin per month. The amount of Bitcoin I received in 2022 is significantly larger than in 2021. Thus, this market condition is a great opportunity to acquire as much as possible for the distant future, when we'll hopefully start seeing a recovery.

I tried with you at every payment for the signature campaign, it will not be sold but kept on hold until it can accumulate more because I believe it will be better than selling just a moment after the money can run out.
If you save in every payment then this is the same as DCA every week I myself is $60 and $240 per month is enough for me to save bitcoin as an additional accumulation and while for other data with bitcoin that I bought before it is also differentiated so that the two are should go well.

I'm doing exactly the same. Receiving regular payments from signature campaigns is no different than purchasing Bitcoin yourself. It's actually a great way to acquire Bitcoin if you're not willing to risk your own money. You could potentially sell the minute you receive your payment, but personally, I don't think it's worth it; holding is much more beneficial in the long-term. I'm a little away from my DCA, which is sitting at approximately $28.000 since two years ago when I started receiving signature campaign payments, which isn't too shabby. There's a decent profit margin to be made.

thecodebear

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Activity: 2240

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Yeah accumulators (aka smart money) keep accumulating over time and less and less bitcoin is on the open market long term. But newbies and short termers and traders leave during bear markets. Then when they come back (will start again this year) they are buying up much less supply, hence price rises to new much higher levels every cycle.

Just imagine in maybe a few years when we've got like 100 million accumulators just steadily buying up Bitcoin, and a few hundred million newbs and short termers and traders trying to get the little bit that's left over.

Topic: Long-term Bitcoin accumulation continues (Read 882 times)