Topic: Long-term Bitcoin accumulation continues - page 2. (Read 882 times)

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 think Bitcoin is a long-term investment asset, and investment products will definitely decline, so don't worry. You can make your own plan and buy where you think is appropriate. After one or two years, you are checking whether your assets have doubled.
If you want to invest in the short term or choose altcoins, altcoins can bring you huge profits in the short term, but the risk is higher than Bitcoin.

Public awareness of Bitcoin is increasing, they choose to spend their money on Bitcoin and then save it for the long term. On the other hand, Bitcoin holders have learned a lot about storing assets properly. The case that happened to FTX has taught Bitcoin users a valuable lesson not to store assets on any Exchange.
This opportunity does not come within three or four months, for those who understand the cycle of bitcoin's journey will make this the best moment to take profits when spikes occur.

I'm happy to see such evidences, because it means the real decentralization of bitcoin is happening, maybe in minor scale, but it's happening. Small investors are growing their holdings, while whales are decreasing theirs. It leads to less market manipulation on long term, while increasing adoption from new investors who will help to decrease centralization of bitcoin even more futurely. I believe we can expect a less volatile bitcoin and less crashes in the market futurely.

This is actually the most rewarding part of the bear market. I used to receive approximately 1 to 1.2 mBTC per week, I'd have to wait 8 to 10 weeks just to earn 0.01 BTC, while now I need only 3, since I'm receiving more than 3 mBTC per week. Campaign signature earnings are no different from buying Bitcoin yourself, on a weekly basis, taking advantage of the Dollar Cost Average (DCA), reducing your risk, and setting a lower average purchase price. Generally, it's a great opportunity to accumulate now that prices are low, however, due to a personal crisis I'm going through, I refrain from using my own money.
History repeats itself, this bear market is similar to 2017-2020 bear period. A recovery is very possible within the next one to two years.

The problem with the word "altcoin" is that "babydogeelonflokishiba token" and ethereum are both called altcoin. I do not agree with you on saying all alts like that, I think ethereum and bnb are good, but that doesn't mean that I disagree with you when it comes to shitcoins like outside of top 1000 type of stuff.

This is why I believe that we shouldn't be really considering all alts the same. Bitcoin is by far the best, it is just unbelievable to me that people are not accumulating bitcoin right now, some do but the whole world should do it, every single person who doesn't makes a mistake if you ask me, but I believe it wouldn't be bad to get some ETH neither.

It's hard to trust Altcoins, even with thousands of fraudulent projects spread, only Bitcoin is the safest place to invest. I mean safe from this type of fraud under the guise of a new project. I'm not too focused on dropping money on altcoins, and right now the accumulation of BItcoins in 2023 is very profitable apart from the price point of view but the remaining time to welcome ATH is still enough to collect more preparations.

Although the crypto market is not optimistic now, there are still many investors who continue to accumulate more bitcoins. Markets are always volatile and it is wise to accumulate as much as you can than the volatility of cryptocurrencies. Prices will be bullish again when the market recovers and demand for it continues to increase.

Yes, altcoin is good for even more early adoption if you can pick the best one, but yes newcomers also confusing about this one because scammer using this as base and people who don't understand much they will also say bitcoin is scam

IMO, the change that happened this cycle was due to institution like Tesla and Microstrategy and many more joining the market, these entities don't think like the crowd. Now as the bear market continue, we see that the crowd are buying while institutions are selling to pay expenses/taxes...
I honestly don't think institutions will let this mature market because the profit probability is high, thus they will try at some point to hold the price down so they can accumulate later, especially with the recession warning news and the global economy problems. We can agree that Bitcoin price will increase in long term, but in the shorter term it looks like more downside is highly probable.

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.

I don't mean to dismiss what a bad year 2022's been but I still feel like 2018/19 were really bad years that this year still hasn't quite matched up to. Those years, we didn't really have much in terms of Bitcoin internal issues (2017 was the threat with the network split, in my memory). FTX and Terra etc... these were big events but we still maintained a low just below 2016.

I feel like it's not really a big huge deal for cyrpto considering how many bad years we had followed by great years eventually. Sure 2022 was a terrible year and we have lost more marketcap this year than most marketcaps total in previous years. But that doesn't mean that we should be sad about it, because that could also mean that we are going to grow bigger than most marketcaps total.

Like we could have a bitcoin marketcap growth bigger than the total marketcap of all crypto right now, we just need to wait for it. I can see bitcoin being worth 3-4 trillion dollars total, and that is not impossible, we just need to wait for it and it will happen eventually.

With each cycle, it is easier to believe that bitcoin will rise further, because in each bear market, its lowest price is quite high compared to previous bear cycles. Sometimes I have thoughts that in the future this may change, there will be no usual cycles, maybe they will become more in time, or less, or maybe the chart will become more similar to the chart of some more stable asset. But at this stage, I have confidence in bitcoin, because I believe that the price is low enough that we can be invested in bitcoin without fear.

Now it is worth trying to accumulate as much bitcoin as possible for a long-term investment, in the future it will bring profit. And also taking into account the growth rate of inflation, bitcoin can protect our investment, BTC can be excellent defensive asset.

2022 was one of the worst years for Bitcoin. The crypto market was preparing to turn bearish at that moment Luna fall down. Ignoring that situation when there was some positive reassurance, the fall of FTX again forced the market to be long term bearish. Even though those are not related to Bitcoin, investors do not have confidence when major exchanges suddenly fall. Bitcoin and all cryptocurrencies will be bullish again when the market recovers from all those negativity.
After the collapse of FTX everyone has learned how to protect their assets. When the market has gone through a long bearish period, we can expect good things after passing the terrible moments of crypto currencies as well bitcoin. So, should prepare oneself as much as possible for the next bull.

Always the best Bitcoin accumulation moment every 4 years. Be it 2022 or 2023 which has just started. Most Bitcoin investors are still consistent in taking opportunity after opportunity and then avoiding negative issues in the market. That's why 0.1 is now experiencing good growth and reaching 1 Bitcoin. Glad that people's trust continues to increase amidst the onslaught of the global economy everywhere. They still believe that Bitcoin is still on track.

I am definitely looking forward this 2024 for the next BTC fork. Just like the past forks that happened, the price of BTC skyrocketed in the market even if it lasted only for a short time. This should be a target among most investors if they really want to maximize their profits in the coming years to come.

Just like any investment, a fork does not guarantee an absolute profit as proper diligence and caution must still be exercised. Take advantage of all the possible situations as long as your initial investment is higher.

Despite the cold market conditions, there's still a lot of investors who tries to accumulate more as the time goes by, whether if it's new or old investors, their aim are all the same and that is to take advantage while the market is still cheap because time will come that bitcoin will recover. Good thing for those who truly understand the bitcoin's nature and that there's really no need to doubt its existence because it wasn't created to give people a hard time.

Mostly, just like as you've said, people who are into short-term holding are the ones who are affected but for those who are into long-term, they just don't care about the current price because their vision is already far enough to care about the present.

It can fall to $20k or below it. I remember what happened in March 2020 but I implied that Bitcoin will have bigger hashrate on its network. Its adoption will be bigger and it leads to bigger demand.

Supply and demand rule, its price will increase with years. Its volatility will reduce in future, will become smaller in my opinion.

A new all time high at 2025, if Bitcoin won't make it, I won't die. From $17k to $34k or $50k is already too good profit. If Bitcoin network won't die, I won't die.

This means that not all bitcoin conditions can provide an appropriate return within a certain period of time. This year bitcoin has been in a state of negative returns, short term is not the best time to enter the market in any given year. Now we look forward to a positive quarter for bitcoin's journey, and hope that 2023 will be perfect and can show a green line in the gradual recovery.

Long term holders are always more influential in collecting bitcoins, no need to worry because the cycle will work according to the precision and that means we will experience a return phase and bitcoins always look special to hold.

There is always a debate when people keep bitcoins in a safe place (exchange), we have learned a lot from cases of FTX and other exchanges that have had problems.

And today we learn to understand bitcoin even further, because if it is true that 88% of bitcoins are not on exchanges, then there is a requirement to store bitcoins in a safer place (a wallet that has privacy), the remaining 12% of bitcoins today are traded freely on any exchange. If you look further, the more people who hold bitcoin outside the exchange, the more likely it is for bitcoin to reach the next ATH, because trading restrictions are starting to be limited by people who own bitcoin and in cases of bitcoin scarcity on traded exchanges will increasingly have an impact and this is where the economic formula will take effect for supply and demand.