People who are annoyed by the declining price of Bitcoin due to buying at high prices, while those who are enthusiastic about this condition will welcome happily because they can get Bitcoin at low prices. This is how the rotation of feelings that everyone has with certain conditions that occur in the Bitcoin market. On the one hand investors need to prepare mentally and be patient until the price increases again, while on the other hand those who want to get Bitcoin in large quantities will continue to increase the number of their assets while the price is cheap. The enthusiasm for getting Bitcoins will give you the opportunity to collect more bitcoins while the prices are cheap.
Topic: My dream is coming close. - page 4. (Read 1156 times)
I know it is a big or uncommon goal to achieve considering my current income. I have a big dream of owning one Bitcoin before a certain period. So when people are bothered that the price of Bitcoin is dropping, I am seeing it as an opportunity to go closer to my dream. I am in no way happy that the price is dropping but one Bitcoin will always be one Bitcoin, no matter the price today. If you are sure of bitcoin, you will not be concerned about the price today because the price in the future will always exceed the current price.I have learned from this forum that there is no need to dump your coin because of FUD, this distraction will come and go. So I am no longer reading those blogs or social media that is promoting this this fear that will make me dump my small holding and abandon my dream. My focus is to own one Bitcoin.
Many people have a great dream like you do,but the problem is that sometimes some people sell off their Bitcoin investments in the process of achieving their dream. I think it is because they don't have much trust in bitcoin due to their lack of proper knowledge about bitcoin and cryptocurrency in general, or in some cases, when people invest an amount they cannot afford to lose, they panic and start selling their Bitcoin whenever Bitcoin market price turn downward.Having a plan is always the best thing to do in the cryptocurrency industry because it is what can make someone achieve a lot. As for me, my plan is that if Bitcoin does not reach $100k per 1btc I will not sell.
If you have such a positive mindset, then I'd say definitely invest in Bitcoin with a fulfilling goal. Wish your dreams come true, but you have to make a lot of money to make a bitcoin, and there are risks to be accepted. Avoiding the volatility of the Bitcoin market at the moment, investing in Bitcoin for a long period of time will give you a good amount of profit. And to reach your goal you must spend more money here, only then it will be possible to fulfill your dream. If your dream is to own a bitcoin, then you must buy and hold bitcoins with the amount of money you have, if possible.
Most of the users could've never thought of bitcoin to reach this high. Those who had an opportunity to hold 1BTC years back now think bad of missing those opportunity. One in a million is really great thing considering the total population. Every opportunity need to be utilised, which will ease the chance of having 1BTC. Investing into bitcoin is a great thing, but realising it later is not a problem as the opportunity exists forever.
When we strive to make our dream come true. We need to work on it. To my understanding the better choice is to add bitcoin acceptance into the business or some sort of service offered. These small transactions will surely be supportive in personal growth as well in the betterment of bitcoin.
When we strive to make our dream come true. We need to work on it. To my understanding the better choice is to add bitcoin acceptance into the business or some sort of service offered. These small transactions will surely be supportive in personal growth as well in the betterment of bitcoin.
As I am writing this one, the price of Bitcoin has precipitously dropped from around $30K to the zone of $25K. while many people might take this as something negative, some people like you can look at this dump period like a golden opportunity to further boost one's dream of owning even just one BTC. Now, this is the kind of attitude that can re-energized BTC to where it should be and I am glad that you are taking the cudgels to make your dream come true.
That's the biggest issue with Bitcoin, when it goes up people start saying its now expensive to buy Bitcoin and when it goes down there are speculations that price will drop down to record low.
We have seen what truth is over a period of time. Its never too late to buy Bitcoin nor price of Bitcoin will ever be going to zero, as we see Bitcoin always make a strong come back. Price of Bitcoin has gone down in last one or two days and to me its best to buy Bitcoin now as halving is coming up.
Cool dream op! It's a great long-term goal honestly speaking. I heard of so many people who set similar goals for themselves and gave up pretty quickly for reasons like impatience, FUD etc.
Also, I advise investing only what you are willing to lose at the end of the day!
Also, I advise investing only what you are willing to lose at the end of the day!
snip~
As for your encouragement, I find it laughable. Why stop at one Bitcoin? Aim for ten, twenty, or a hundred. Why restrict yourself?
As for your encouragement, I find it laughable. Why stop at one Bitcoin? Aim for ten, twenty, or a hundred. Why restrict yourself?
Are you saying that owning 1 bitcoin is laughable? While that is even the dream of millions of people on this forum and you are laughing at their dreams. We all want to own as many bitcoins as possible, but if we don't have 1 bitcoin, how can we have 2 or more bitcoins? People are setting a specific goal and when they reach that goal they lift it up, and it's a brilliant plan. They know their strength, they are humble, unlike many people who are so delusional in their strength.
By the way, I want to know how many bitcoins you have when you are laughing at people who want to own 1 bitcoin.
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I know it is a big or uncommon goal to achieve considering my current income. I have a big dream of owning one Bitcoin before a certain period. So when people are bothered that the price of Bitcoin is dropping, I am seeing it as an opportunity to go closer to my dream.
There are people who have bought Bitcoin at a very high price, and some of them don't have more money to keep accumulating, and if they see the price of Bitcoin keep dripping, some of them feel uncomfortable, not because they don't know that if they hold they will still make profit during the bull market, but because they are just feeling bad about the loss that their investment is experiencing, and some are also regretting why they have not been patient enough to wait and take the opportunity of buying during this period that the price is low compared to how high they have bought their coin. So, you see, everyone is not the same; some people are regretting and feeling concerned about the market because they don't have the money to take the opportunity and buy more.
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I am in no way happy that the price is dropping
Ah... Why? Thought you said it's an opportunity for you to buy more because you're closs to your dream. So, why are you not happy that the price is dropping?
I know it is a big or uncommon goal to achieve considering my current income. I have a big dream of owning one Bitcoin before a certain period. So when people are bothered that the price of Bitcoin is dropping, I am seeing it as an opportunity to go closer to my dream. I am in no way happy that the price is dropping but one Bitcoin will always be one Bitcoin, no matter the price today. If you are sure of bitcoin, you will not be concerned about the price today because the price in the future will always exceed the current price.I have learned from this forum that there is no need to dump your coin because of FUD, this distraction will come and go. So I am no longer reading those blogs or social media that is promoting this this fear that will make me dump my small holding and abandon my dream. My focus is to own one Bitcoin.
That is a goal and hope. I wasn't dreaming about having 1BTC but what I just wanted is to at least have some of it. Yes, price doesn't really matter upon investing in Bitcoin because we believe that its price will continue to grow. But, we can't just set aside that there is no 100% that it will stay forever.
However, as long as it still exists, investing is really a great opportunity for us. Though I wasn't dreaming about getting rich in here but at least, I'd make some money from investing Bitcoin. With the simple buy low and sell high strategy, I could say that I was already successful.
The price of Bitcoin that moves on two sides always gives a different feeling to Investors. Investors who already hold different amounts of Bitcoin are certainly very happy when the price starts to rise because they can reap profits in an instant, while those looking to get into the Bitcoin market are enthusiastic about the recent downturn, they can buy Bitcoin cheaply. The recent downturn can shorten the time and cost of achieving your goal of owning one Bitcoin.
People who are very familiar with Bitcoin are never worried even though the worst conditions are happening, they are even more enthusiastic about welcoming the decline by trying to collect Bitcoin to achieve their goals.
People who are very familiar with Bitcoin are never worried even though the worst conditions are happening, they are even more enthusiastic about welcoming the decline by trying to collect Bitcoin to achieve their goals.
No goal is big and non-achievable as long as you have the dedication to work for it. It can be difficult, for sure, since it is not easy to achieve things in life but if someone keeps working for their goals, they will eventually achieve them. Sometimes you might even achieve goals quicker than you yourself might have not expected, that's life, it has a lot of surprises for us some of which become the reason for our happiness while others might make fill us with sadness.
When it comes to Bitcoin, you can always achieve your goals if you have at least an income no matter how low it is, you can just keep saving up and you will eventually have enough money to buy the dip where you will get your dream come true, even if you don't get it done just once, you can do it in two or three attempts.
When it comes to Bitcoin, you can always achieve your goals if you have at least an income no matter how low it is, you can just keep saving up and you will eventually have enough money to buy the dip where you will get your dream come true, even if you don't get it done just once, you can do it in two or three attempts.
If you are sure of bitcoin, you will not be concerned about the price today because the price in the future will always exceed the current price.I have learned from this forum that there is no need to dump your coin because of FUD, this distraction will come and go. So I am no longer reading those blogs or social media that is promoting this this fear that will make me dump my small holding and abandon my dream. My focus is to own one Bitcoin.
It is a good dream for anyone who has hopes of collecting one, two, three and however much they want. Question how you can collect it? what budget do you have for accumulating each downturn and is there a particular method you use? There are many people who have difficulty making purchases because the income and financial expenses in life are out of balance and I believe the smaller the accumulation of purchases you make, the longer it will take to collect the desired one, two, and three bitcoins.It doesn't matter and never stop moving in collecting because there is always a way for those who want it. The DCA method may be a haven that can be utilized for some people who don't have large finances and the issue of time is patience which might lead us to the stage of financial freedom. Optimistic and realistic are important and never be afraid to be late in arriving at the one, two and three bitcoins we want.
I know it is a big or uncommon goal to achieve considering my current income. I have a big dream of owning one Bitcoin before a certain period. So when people are bothered that the price of Bitcoin is dropping, I am seeing it as an opportunity to go closer to my dream. I am in no way happy that the price is dropping but one Bitcoin will always be one Bitcoin, no matter the price today. If you are sure of bitcoin, you will not be concerned about the price today because the price in the future will always exceed the current price.I have learned from this forum that there is no need to dump your coin because of FUD, this distraction will come and go. So I am no longer reading those blogs or social media that is promoting this this fear that will make me dump my small holding and abandon my dream. My focus is to own one Bitcoin.
Also, keep reading those positive thoughts. I mean, for sure, right now you've seen a lot of people selling off their Bitcoin and they are saying something. Don't read it, focus on the positive side, and leave with it. Then go find another thing that you'll enjoy so that you won't really overthink it. Leaving your mind in a positive mindset could have a positive impact on you so that you won't be selling it off now. Just think of the future, as you've said, because that is your goal, not the short one.
I know it is a big or uncommon goal to achieve considering my current income. I have a big dream of owning one Bitcoin before a certain period. So when people are bothered that the price of Bitcoin is dropping, I am seeing it as an opportunity to go closer to my dream. I am in no way happy that the price is dropping but one Bitcoin will always be one Bitcoin, no matter the price today. If you are sure of bitcoin, you will not be concerned about the price today because the price in the future will always exceed the current price.I have learned from this forum that there is no need to dump your coin because of FUD, this distraction will come and go. So I am no longer reading those blogs or social media that is promoting this this fear that will make me dump my small holding and abandon my dream. My focus is to own one Bitcoin.
What are you doing in trying to get one bitcoin really matters because if you don't have any plans and just hoping you can't achieve that goal. How much is your salary and how much are you saving to invest in Bitcoin all matters because bitcoin is still very high after dumping.
I'll encourage you to continue planning towards achieving your goals of owning one Bitcoin because when you do that, that'll give you more motivation but don't lose hope if you can't get one Bitcoin. You can invest the little you have as it's not a must to own one Bitcoin.
Anybody selling when there's a dump in the market is a loser and we have many losers in the market, don't follow them instead if you have some free money you can use them to buy some more bitcoin and store them in your personal wallet and continue holding for bull market.
As for your encouragement, I find it laughable. Why stop at one Bitcoin? Aim for ten, twenty, or a hundred. Why restrict yourself? And, yes, selling during a dump is a foolish move, but labeling them as losers is shortsighted. Instead of criticizing them, perhaps one should exploit their weaknesses to one's own advantage.
Hoping and planning to own one Bitcoin? Spare me. The market cares not for your plans, only your actions.
You're right that waiting for the absolute bottom in a volatile market like Bitcoin can be challenging. Timing the market perfectly is difficult, and it's important to strike a balance between seizing opportunities and managing risks. It's wise to have a strategy that aligns with your long-term goals rather than solely focusing on timing the market.
Timing the market is not what I encourage beginners to do. The ability to time the market is what even experts find it difficult to actualize. The best timing would be that the timing will be very approximate to the actual timing of the Bitcoin and this does not happen often. Most at times they are totally wrong.
So instead of timing the market there are two options to go.
- Wait until there is absolute dip, and it is obvious to everyone that it is a very big dip then you will buy. The disadvantage of this is that the big dip might when one is out of fund. Another disadvantage is that it might take too long for the big dip to come
- To buy with dollar cost averaging and that is the better option.
While making a dream come true, we should not be far from reality. I agree with what you said. Saving with DCA allows you to minimize all the risks you will take. Crypto markets are the markets with the highest price volatility and no matter what, most investments without strategy will be trash in the long run. The investment strategy that can be made with minimum risk in the market and that will minimize the effects of price volatility is called Dollar Cost Average.
The DCA method is used to minimize risks and performs best even when the market is experiencing large fluctuations. By dividing the investment allocated for purchasing assets into small parts, it ensures progress by purchasing at regular intervals. At the same time, the dollar cost averaging method is one of the preferred methods for investors who do not want to follow the market constantly and those who want to start investing with low amounts. Whatever happens we must maintain realism while making your dream come true. Thus you can achieve your dreams in a planned way.
You're right that waiting for the absolute bottom in a volatile market like Bitcoin can be challenging. Timing the market perfectly is difficult, and it's important to strike a balance between seizing opportunities and managing risks. It's wise to have a strategy that aligns with your long-term goals rather than solely focusing on timing the market.
Timing the market is not what I encourage beginners to do. The ability to time the market is what even experts find it difficult to actualize. The best timing would be that the timing will be very approximate to the actual timing of the Bitcoin and this does not happen often. Most at times they are totally wrong.
So instead of timing the market there are two options to go.
- Wait until there is absolute dip, and it is obvious to everyone that it is a very big dip then you will buy. The disadvantage of this is that the big dip might when one is out of fund. Another disadvantage is that it might take too long for the big dip to come
- To buy with dollar cost averaging and that is the better option.
I know it is a big or uncommon goal to achieve considering my current income. I have a big dream of owning one Bitcoin before a certain period. So when people are bothered that the price of Bitcoin is dropping, I am seeing it as an opportunity to go closer to my dream. I am in no way happy that the price is dropping but one Bitcoin will always be one Bitcoin, no matter the price today. If you are sure of bitcoin, you will not be concerned about the price today because the price in the future will always exceed the current price.I have learned from this forum that there is no need to dump your coin because of FUD, this distraction will come and go. So I am no longer reading those blogs or social media that is promoting this this fear that will make me dump my small holding and abandon my dream. My focus is to own one Bitcoin.
I never trust blogs or social media news because I think the creator only want to gain attention or follower. I think it is always good to become a contrarian investors in bitcoin investment, buy when people panic in selling and sell when people are panic in buying, don't have to be greedy. as long as we can get enough profit i think it is still good. just sell it gradually when it's close to the peak of bullish market trend. then wait to buy it back at the lowest price as possible. 
Since your dream is to own a Bitcoin then definitely invest in Bitcoin to fulfill your dream. Currently Bitcoin market is down a bit so you can invest from here and hold for future. And you must never worry by investing in Bitcoin because the price of Bitcoin is not always fixed but it is always up to me. Since you have knowledge about bitcoin and market volatility you will never face loss by investing but will earn you good amount of money in future. So you don't think about the negative words of others but invest in Bitcoin according to your experience and hold it for a long time. Your dreams may come true as you invest in Bitcoin now and your dreams will continue to come true when the market is in a bull market.
You're right that waiting for the absolute bottom in a volatile market like Bitcoin can be challenging. Timing the market perfectly is difficult, and it's important to strike a balance between seizing opportunities and managing risks. It's wise to have a strategy that aligns with your long-term goals rather than solely focusing on timing the market.
It is not easy to determine the lowest point of bitcoin when Bitcoin is experiencing a barish mode like today. We must be able to analyze and determine where the strongest support is to start buying at low prices.
Long-term strategies must of course be balanced with a good enough Entry to produce better profits later.
This can also be balanced by doing DCA every time the Bitcoin market is bearish.
I even continue to collect Bitcoin for the long term, without seeing the decline in bitcoin and it continues to be consistent to do so.
I know it is a big or uncommon goal to achieve considering my current income. I have a big dream of owning one Bitcoin before a certain period. So when people are bothered that the price of Bitcoin is dropping, I am seeing it as an opportunity to go closer to my dream. I am in no way happy that the price is dropping but one Bitcoin will always be one Bitcoin, no matter the price today. If you are sure of bitcoin, you will not be concerned about the price today because the price in the future will always exceed the current price.I have learned from this forum that there is no need to dump your coin because of FUD, this distraction will come and go. So I am no longer reading those blogs or social media that is promoting this this fear that will make me dump my small holding and abandon my dream. My focus is to own one Bitcoin.
Everyone is responsible for their own investment. No one can hold anyone else responsible for the Bitcoin price falling. For those who don't own Bitcoin, the Bitcoin price drop is an opportunity. In fact, it has been giving the opportunity to buy Bitcoin for a long time.
If you are sure that the Bitcoin price will rise in the long run, there is no point in waiting to invest. Buy bitcoin and wait. Buy more when the price drops. In this way, a path can be followed.
True that, as @OP stated the current Bitcoin dump is a way for him to get nearer to his gream of accumulating 1 BTC because the price is being sold at a discount and he can buy more Bitcoin at the same amount he allocated when it is around $30k.
Aside from that, Bitcoin is cyclical. Meaning in every dump, there will be a market uptrend counterpart. We just need to be patience to take advantage of these occurrence. Buying when the Bitcoin price dump and selling when it hits our target price. Then rinse and repeat until we accumulated the target Bitcoin amount.
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