Topic: My rewards for hodling despites the challenges. - page 2. (Read 394 times)

Well, you can keep on postponing your marriage, but just be careful that your fiancé might just walk away, thinking that you are putting "money" before your love for her.

Men look at the practical things in life, like having enough money to pay for a marriage, but a lot of woman look past that and just want to be married, no matter what happens in the future.

We all have our own decisions in life mate and let no one blame or degrade your for everything you decide in life so have them nothing but do your things.

and who cares about that marriage not taking place when your partner understand your side then why others does not?

Congrats to all your challenges and success and more to come mate.

Oh God, you don't need to miss the wedding ceremony just because you don't want to sell bitcoin at that time, because a wife's happiness is not entirely seen from the level of luxury you provide, but a small celebration full of happiness is more than enough. How much money do you need just for the wedding celebration and are all the funds you have put into bitcoin? If this is true, then I think the steps you are taking are not appropriate because after all we need emergency funds for our daily needs as a family.

But however, we will always give applause to friends like you who have succeeded in making profits in Bitcoin because your steps were successful. My advice is don't ignore small celebrations with family, even if they are kept as simple as possible because we live in this world where we don't just talk about investment but other things are also really needed.

Lol 
No one knows what will happen to Bitcoin in the future, that's why it's still a risk and not guaranteed.

For OP, I understand what OP means, OP took a risk.

About OP wanting to convert it to their own currency, it's kinda huge loss if OP does that. I think Binance P2P got a high spread from their own currency which maybe there is only a few people who do P2P trading there. Another option for OP is convert it to USD then send it on some platform that got good exchange rate from USD to their own currency.

Many moons and cycles ago I told my wife that we should skip the wedding and get married at city hall and spend the wedding money on Bitcoin instead. She did not go for it!
I could have had 100 more BTC!
I still have my wife and now two kiddos, so maybe it was still worth it 😂

Well to you op it calls for celebration but in my perspective we have a long way to go before the next bear market will come and in this times Bitcoin will be on appreciation lane so you should still be accumulating.

I wouldn't judge any of your actions, yes it's the fact that you left a 0.1 BTC in an exchange whereas you should be aware that keeping an amount that is equivalent to a 500 dollar and above is very much discouraged. with such a profit or about you should have a hardware wallet or create a cold store as soon as it hits a good profit.

Your local currency has very bad decrease of its purchasing power and exchange rate against US dollar.

Its exchange rate against USD last 5 years shows a loss of 76%.
https://www.google.com/finance/quote/NGN-USD?sa=X&ved=2ahUKEwiLxPWbq8qEAxVsiK8BHdqnBLgQmY0JegQIDhAv&window=5Y

Either you invest in Bitcoin, get profit from Bitcoin and you need cash, my advice is as follows.

Take profit part of it to your local currency Naira.
Reserve the rest in Bitcoin to enjoy the bull run before taking profit more.
You should take part of your profit in US. dollar because its is strong fiat currency, not like Naira.
If you take profit all to Naira, you will lose like the chart shows.

It was a worth it decision in the first place in my opinion, skipping the tradition and not being binded to that tradition is actually a really good thing to my eyes because that means that OP is a forward thinking individual that will definitely see success in life, I believe that he didn't deserve all that flak that he's got from that last post, you can't just call out someone so bad like you personally know them and if it's you in their place and you proceeded with the tradition you would probably be mad regretting it because the high of that event would probably start to fade in 2 days and then reality sets in.

Don't be too worried about your haters OP, at the least you've made a profit continuing that hodling, you're the one that's got the last laugh, remember that.

OP still have a lot to learn. As eager as you are in sharing new and updated information about your life, you shouldn't throw you security and privacy under the boss. You must do better in terms of which platform you choose to store your bitcoin. You may think that you have a small holding of bitcoin so you don't mind leaving it in a CEX but you are wrong. Don't say. "it doesn't matter, it is just a small amount". The way you handle your small holdings of bitcoin is the way you will handle your large holdings of bitcoin when you eventually have. I am telling you man, GET YOUR COINS OFF EXCHANGES.

HODLing is life and when you hold bitcoin for long time you will surely enjoy the benefits of holding and for that your holding isn't waste of time. I will also say that you should try adapting to DCA method with this you will increase your portfolio massively than this. Though we are in bull season even though we haven't achieved our previous ATH but people that invested when it was aroun 20k to 25k can boldly say they are enjoying the bull run. Lastly congratulations on your holdings hope you HODL for decades for you to enjoy the full time of bitcoin long term investment.

I admire your courage in HODLing for this long, and USDT is a wise choice too. The challenges you have had to endure inorder to achieve this feat may be more than shown here, but I know the bullish season can make you much more incase you decide to sell some and take profit. Still, it's still a wise choice to HoDL for as long as possible because it will definitely pay big time in more ways than just increase in profit during a bull season.

Op you take a risk of keeping your coins in Binance for all this while. It is not advisable for you to keep a such amount of money in the centralized exchange platform. And you canceled a marriage to hodle bitcoin. Op Frankly speaking your story is not clear for me because marriage issue that I know very well, when you have informed people that you're doing marriage in a particular time and date and you canceled it for bitcoin. Well that was your decision which you took and even the display images, shows that you were not hodling but to sell or someone transaction image which you have used for merit hunting. But there is no scientific proven yet. Because the time frame is very short for you to accumulate such big amount. The time of creating the marriage cancellation thread and the time of this thread is too short for and investor to make big profit because as of that time bitcoin was above $50+k and bitcoin is $54k. Now another question we have to asked is how much did you used for the investment?

If you are still hodling the coins for the All Time High then I advise you to move your coins to non custodial wallet which is more saver. Like as you keep this coins there and the government was trying to stop Binance operating in the country and you would have lost everything in that process. So to be in the saver side of the coin, you need to move them out to non custodial wallet. Congratulations for the amount.

Firstly, the signature code of the project you have in your advertisement spot is not complete.
Having said that, I like how you push aside all the negativity that could lead you to sell your Bitcoin holdings. However, it is too early for you to celebrate now when you're supposed to continue to accumulate more BTC cause it's never over until it is over.
According to my research about Binance, I don't know how much in cryptocurrency you have to hold on your account to become a crypto P2P merchant trader on Binance but I believe must average country is $1000 in crypto. If you could reach the threshold, you will have your BTC while you also make money by offering P2P merchant services.

I missed your previous thread, but i have gone back and read it, what you do with your money is your business and that of your family, you really didn't need to come here with the story of how your didn't go ahead with your marriage anniversary celebration. Take note that storing BTC's for profit should not be your only source of income, if you had another source, you probably would have gone on with your celebration, while still storing your BTC.

It is worth mentioning that you should not store your BTC on an exchange, so move it into your own self custody, use a BTC wallet like Electrum or Sparrow wallet, and if you think your money is large enough, set up an airgapped wallet or buy a hardware wallet.

It is worth it now that your decision paid off which is great but still it could’ve gone the wrong way which means those that advise you in the thread weren’t wrong. But nonetheless stick to your convictions I hope it pays off huge.

Aside the ROI that bitcoin offers there are features like privacy that you are not paying much attention to, it was needless to post your bitcoin holdings you should edit the image. Also from the image this is a binance exchange which you store your bitcoin and as the saying goes not your keys not your coins. It will be best you move your bitcoin to a custodial wallet even if it is a hot wallet but for long term storage go for cold storage

Congratulations to you and I hope everything meets your expectations, and my advice is to get married simply, the important thing is that it is legal. Because after marriage you will face many trials, especially in financial matters which will continue to be needed and this must be thought about and also planned so that after marriage and so on you will be fine financially.
And it would be better if you did not show pictures and in your words everyone would believe.

I got your point, but one thing I am confuse of is, you said you want to skip the marriage ceremony but are you still going to marriage like in the simplest way, whatever the tradition is, you won't spend money on extra things, but only spend on what is needed? Is that what you are trying to say. If yes, then I think there is nothing better then this, spending extra money on marriage ceremony has became a tradition and this has to be break because if more spending would become a tradition then it will become a burden for the upcoming generation. We should promote normal and easy marriage.

If you were planning to delay your marriage ceremony for the upcoming bull run then that's also your decision then, because delaying is your personal problem, but if you want my opinion then I would say you are right, because currently market is bullish and in the upcoming 1 year it can make you 2x (that's not for sure but just a prediction so DYOR). Money is necessary but besides all this you have to get some real job or source of income because bull run is not going to be there forever it have a cycle that repeats which means if you are making money then a time will come when you will be losing too, so don't be so bullish on BTC and diversify your source of incomes.

Oh bitcoin that I am well pleased, Indeed bitcoin is a potential hope for a great future.
Sometimes ago, I made a post concerning the skipped of my annual marriage ceremony (Marriage Anniversary) because I needed to safe and hodl my bitcoin due to the attractive market season. I mean the halving clocking to the bull run. Lot of forum users here fumed at me that my excuse for skipping my marriage ceremony wasn't enough, some said if I wasn't qualified to married if I'm not financially stable yet, some said I should have investment aside at times and face my responsibilities.
https://bitcointalksearch.org/topic/--5484809

I really didn't blame any of them because the thread was ought for discussion with individuals contributions but yet, I was never being able to be convinced by all that because I've my own vision too.
I stood by my hodling by minimizing my financial responses because I know reliabilities would always come and so as the so marriage ceremonies but if the finance is not there then the whole of it is ruined

I'm sharing with you all my exciting mood because my action for ignoring the pleasures to hodl my bitcoin has never been regrettable instead my joy rises as much the price rises so also the value of my hodling bitcoin rises too.
Infact, in couple of times I've been counting rises to my financial levels due to the hope bitcoin has got for me.

                                    
             As at now, this is the value of my total bitcoin as shown below which proves the value in USDT and in bitcoin value all by the appreciations of the current rise of bitcoin at the rate of $53,531.10

                                    
            And here is the different selling rate per dollar in conversion to my local currency which I'm going for $1 = #1,600.50
            Mathematically total sum of USDT= $545.75 multiplies by selling rate of #1,600.50 =#873,472.875

I deals on local weakened currency which I would say it has lost its value over the US $ and with the current situation of the downtown economy including the inflation in town, I would proudly say that I am a big boy in Town with the value of bitcoin I have got in my wallet
I am still hodling and ain't selling yet untill time tells. I can't really say that I would engage on a long term investment but I am sure of making huge profits in my period of hodling and if by so my wife is aware that this is the sum of money i have realized with the little amount of fund I invested in, it is certained that she would regret all that or her actions towards choosing ceremony of pleasures than chasing incomes.
I don't care about any Investors here would mock at my boosting actualization here in this bitcoin market, all fingers ain't equal that is just the fact and I am proud of myself and I hope more values would still be added to my current values as long I keep hodling.