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Topic: Who else have my kind of mindset for Bitcoin 2023 (Read 602 times)

sr. member
Activity: 448
Merit: 264
What you have in your mind is different from other. When we come the price and prediction of BTC, everyone has their own view on the subject matter. OP your mindset in the subject matter of 2023 I'd different from the content of hodling 2-3 years. Therefore from the way see at it you don't have any mindset in 2023 but your mindset is for hodling for a long period of time/long years.

As for me, my mindset in 2023 is still to hodle it till to see the peak of the whole matter of the ALL TIME HIGH (ATH).  And that might be in the year 2024 to 2025. This year 2023, bitcoin will not be bad as last year.

Let us Enjoy The HODLING
full member
Activity: 462
Merit: 117
It is good you have made up your mind to accomplishing such task as you  have set for yourself. Holding for a long time is a good decision for which I commend you for that. Not every one can be able to hold and not look at bitcoin price for a day. Looking at bitcoin price is now an addiction for some people as they can not do without it for a while but traders are not exempted from this because they would need to constantly be looking at the price from time to time so as not to miss out from the market at any point in time.
I do not think I can be able to stay a day without having a view of the bitcoin price in knowing whether it is doing fine or not. I am not just comfortable with it.
hero member
Activity: 1106
Merit: 570
Bitcoin have show quite a lot of traction lately even though there have been many challenges in the past few months in 2022, the the year 2023 have been filled some exciting chart outlook where Bitcoin shown a lot of green signal of more demand compare to the red negative chart that flood the chart through out last year.

All what happened in 2022 was expected, Bitcoin bull market peaked in 2021 and usually what follows the peak of Bitcoin is a huge dump all through the year and it happens two years after the Bitcoin halving. If you look back at history, same thing happened in 2018. Immediate the deceased in price started happening, it was obvious we're on a bear market but many moon boys didn't believe and that's why they were left in disbelieve.
To understand Bitcoin price movement, just study its history as all that's happening now have happened before. Bitcoin basically repeat itself every four years cycle.
2023 will be a repeat of what 2019 was, if you're new to the market, go study what happened with the price of Bitcoin with in that year and you can stay ahead of others in the market and take good position whether to sell and wait to buy or buy more and hold.
full member
Activity: 1512
Merit: 115
Bitcoin have show quite a lot of traction lately even though there have been many challenges in the past few months in 2022, the the year 2023 have been filled some exciting chart outlook where Bitcoin shown a lot of green signal of more demand compare to the red negative chart that flood the chart through out last year.

WHAT IS YOU CURRENT BTC MINDSET:
2023 is the year I found my confidence in bitcoin as I have not check the price of Bitcoin for the past 80 hours, since I am now fully into long term holding giving myself, a timeframe of 2-3 years before looking back on the price but what I will do is to accumulate more Bitcoin as chances present itself.

Who else have my kind of mindset let discussed welcome to the future Bitcoin holders!
It is good that 2023 has eventually given you the confidence mindset towards Bitcoin but does this mean you never had confidence in BTCitcoin? A true believer of Bitcoin will even see the past year's Bear trend as the Biggest opportunity to have accumulated instead of waiting for it to gain about $7k+ from the seemingly bottom of $15k+ before seeing this opportunity which we could have taken advantage of back then and hope the next bear season is not going to be a downer again  Wink this said, BTCitcoin investors should always see the long term rather than the present market position.
hero member
Activity: 952
Merit: 779
Everyone who invests for the long term in bitcoin must almost have the same thought as you OP. However, everyone's accumulation method in buying bitcoin is of course different. Perhaps DCA has now become popular for long term investors to do. And combining with Averago Down when there is a decline will be more effective. Because the average purchase price will be cheaper.

And I'm pretty sure that those of us who have done DCA since bitcoin price in the 16k USD area would have the same smile today. But surely there are those of us who still expect Bitcoin to experience a correction first before continuing the bullish trend. i.e. those who want to buy more from the bottom price. But for users of the DCA strategy, they will remain comfortable at any price Bitcoin. because they only focus on routine purchases.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
It's not just your mindset which matter, we have a lot of panicky weak hands in the world majority of which are outside this forum and hence you are a one man army and besides everyone single person has their own needs and expenditure which might need selling of held assets.

Also it is not a single year that should give you confidence for a bull market, it should be everyday and it is also a long term confidence. Remember that both bear and bull markets have their seperate importance and we must see both to become a seasoned trader.

While you can hold you must also sell at the bull market and trap the profit. Cry
hero member
Activity: 1974
Merit: 534
WHAT IS YOU CURRENT BTC MINDSET:
2023 is the year I found my confidence in bitcoin as I have not check the price of Bitcoin for the past 80 hours, since I am now fully into long term holding giving myself, a timeframe of 2-3 years before looking back on the price but what I will do is to accumulate more Bitcoin as chances present itself.

Who else have my kind of mindset let discussed welcome to the future Bitcoin holders!

My mindset is very similar to yours, I invest for the long term and don't worry about the short term price movement. I am not sure how often you used to trade and if you want to take a step back then not checking prices every few hours is a good idea. Every morning I check the bitcoin price to see how the market did in the last day, but this is only informative for me and I don't feel any urge to trade my coins. As long as the bitcoin price is not going back down to 1 USD everything is fine in my opinion. We are seeing a recovery in the market as people are more optimistic for 2023 than they were for 2022. For me the biggest factors is going to be the halving in 2024, before that price will rise again much higher. Anybody who missed out buying new coins around the 16,000 USD level can try and wait, hoping prices will go down again. But there is no real guarantee for bitcoins to drop below that level. I would recommend to buy some coins now and just forget about them for a year.
hero member
Activity: 1008
Merit: 960
Bitcoin have show quite a lot of traction lately even though there have been many challenges in the past few months in 2022, the the year 2023 have been filled some exciting chart outlook where Bitcoin shown a lot of green signal of more demand compare to the red negative chart that flood the chart through out last year.

WHAT IS YOU CURRENT BTC MINDSET:
2023 is the year I found my confidence in bitcoin as I have not check the price of Bitcoin for the past 80 hours, since I am now fully into long term holding giving myself, a timeframe of 2-3 years before looking back on the price but what I will do is to accumulate more Bitcoin as chances present itself.

Who else have my kind of mindset let discussed welcome to the future Bitcoin holders!

Wow, 80 hours without looking at the Bitcoin price  Cheesy That sounds like an addiction...  Grin

In a couple of years we will have passed another halving and Central Banks will be able to hold up to 2% of Bitcoin in their reserves.

That's going to be massive, 2025 will definitely be an exciting year for Bitcoin. And that's only a couple of years away.
hero member
Activity: 2366
Merit: 594
All the user of the forum really thinking on investing and Holding it for long term as bitcoin price is promising. Also my current mindset is that i would buy bitcoin even small and accumulate this overtime as long as i have extra money since we see the chart right now that it is breaking  its resistance and i am hoping it will break in this following days.
full member
Activity: 1442
Merit: 116
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
2023 is the year I found my confidence in bitcoin as I have not check the price of Bitcoin for the past 80 hours, since I am now fully into long term holding giving myself, a timeframe of 2-3 years before looking back on the price but what I will do is to accumulate more Bitcoin as chances present itself.
(....)
I'm not that really confidence in Bitcoin for the year 2023. Since 2024 the bitcoin block halving. That's the year I am more excited.
I will not kill your confidence, but I am only confidence for the year 2023 is the last quarter of it or a few months before 2024 as the Bitcoin block halving is the most awaited event for me on Bitcoin.
if I am more confident in holding bitcoin, in 2023 or 2024 or so on, I am still confident to keep holding it until I get the profit that I have targeted in stages. there is nothing wrong in predicting, but we must remember that it can happen and our analysis is wrong, so we are not at the end of our hopes, by making a cut loss, because this is BTC which is the safest coin to invest. but indeed, if you look at the current market, it is green and gives us a little big hope, but what we don't know is that this phenomenon is a correction or the beginning of a revival
legendary
Activity: 3080
Merit: 1353
Bitcoin have show quite a lot of traction lately even though there have been many challenges in the past few months in 2022, the the year 2023 have been filled some exciting chart outlook where Bitcoin shown a lot of green signal of more demand compare to the red negative chart that flood the chart through out last year.

WHAT IS YOU CURRENT BTC MINDSET:
2023 is the year I found my confidence in bitcoin as I have not check the price of Bitcoin for the past 80 hours, since I am now fully into long term holding giving myself, a timeframe of 2-3 years before looking back on the price but what I will do is to accumulate more Bitcoin as chances present itself.

Who else have my kind of mindset let discussed welcome to the future Bitcoin holders!

Are you saying that you don't have confidence on Bitcoin? or maybe you can't get your eyes checking on the prices. In any case, as you stayed in this market, perhaps you will be immune to checking the prices regularly.

Just like the others here, we need more patience and be calm for this year. And look at the bright side or the long term.

Next year will be the block halvening, it's the catalyst for the next bull run and you should focus now on accumulating as much as you can.
legendary
Activity: 2506
Merit: 1394
2023 is the year I found my confidence in bitcoin as I have not check the price of Bitcoin for the past 80 hours, since I am now fully into long term holding giving myself, a timeframe of 2-3 years before looking back on the price but what I will do is to accumulate more Bitcoin as chances present itself.
(....)
I'm not that really confidence in Bitcoin for the year 2023. Since 2024 the bitcoin block halving. That's the year I am more excited.
I will not kill your confidence, but I am only confidence for the year 2023 is the last quarter of it or a few months before 2024 as the Bitcoin block halving is the most awaited event for me on Bitcoin.
member
Activity: 392
Merit: 31
people who think like you very much are investing in bitcoin for the long term. and of course everyone also has hopes for 2023, namely with the hope that in 2023 the price of bitcoin will continue to rise and hopefully the rise in btc that is experiencing now is not a trap. but in my opinion the increase in btc prices today is a positive sign for bitcoin.
hero member
Activity: 910
Merit: 507
This kind of mindset becomes quite commonplace when in this forum because it's not even just 1 or 2 people who do this when talking about long term investing but almost most people seem to have this kind of mindset.
Regardless of what it is, of course, it's very good and I like people who have long thoughts like this, although there are still those who seem to panic and sell when their intentions are good enough.
You are right and from the comments of many members of the forum on this thread adding their own details to the discussion I have realized that this is a common factor with many people here and as long-term bitcoin holders seem to get tired of looking at the market chart continuously.

Because even though the price may act rapidly in whatever direction it does not affect or influence on the Bitcoin open positions since we already have a long-term goal and that is what we based our sell decision on and not the price of bitcoin at a time.
legendary
Activity: 2226
Merit: 1086
duelbits.com
2022 was not the year for Bitcoin, it managed to slow down the fall later but selling from the peak of about $48,000 to the bottom of about $15,500 was tough for the coin. And in 2023, I see a coin that will conclude all its activities within the level as well, and if it would make a breakout at all, it's probably going to be on the downside.
Most people seem very unhappy about the huge drop in the Bitcoin price in 2022. Do we forget that the huge drop give us the advantage to buy at the lowest price? Without the huge drop, we are impossible to expect huge profits in the next bullrun season. So, why to call "2022 isn't the year of Bitcoin"? For me, it is a good year for buying Bitcoin, it is a good year for everyone who is eager to invest in Bitcoin.

But for now, the bias is bullish for as long as it would last. By the way, buying and holding from the beginning of this year is a very good deal, it means that you have bought at a low price, and you can safely hold it as long as you want. Nonetheless, if I were you, almost 2 years (1.9 years will be perfect) of holding would do just fine. Who knows what it would do after halving's bullish run?
The best time to buy was in 2022, not the early of this year.
But if there are people who missed the opportunity to buy in 2022, it is not too late to buy now.  Wink

sr. member
Activity: 1610
Merit: 264
~
That's the common mindset actually, OP. You hold Bitcoin and forget about it, buy more when the prices allow you to do so or even discuss about your journey here in Bitcointalk forum. "Long-term" is different for everyone, as some might sell at some point due to various reasons of they might need money or so.

It kind of reminds me of myself keeping on refreshing Google result of price of Bitcoin every 5 minutes.
hero member
Activity: 3038
Merit: 634
I do.

I'm long term in bitcoin but that doesn't mean that I won't check the price from time to time. There's this thrilling feeling that I want to feel whenever I'm checking the price.

That's why my mindset might be the same as you but I am not limiting myself into checking the price of bitcoin. I find it essential to find myself positioned in a good situation currently and how I should react.
sr. member
Activity: 574
Merit: 310
My mindset for Bitcoin in 2023 is aside from holding and continuing dollar cost average strategy I want to engage in more humanitarian work using Bitcoin. Presently I'm not even worried about the price all the future forecast of Bitcoin because I know it is going to be fine.
Therefore my mindset is to strive to be a part of Bitcoin funded community development projects in low middle-income countries all over the world. Nothing else will make me happy aside this.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform

since I am now fully into long term holding giving myself, a timeframe of 2-3 years before looking back on the price but what I will do is to accumulate more Bitcoin as chances present itself.
I think you are not being sincere here, i personally do not think its possible to stay 2 to 3 years before looking at the price of bitcoin, not when the price of bitcoin is pasted everywhere, go to twitter, Instagram, Facebook, discord, telegram, you will find bitcoin price somewhere, the only way i think its possible to not look at the price of bitcoin for that long is to leave crypto completely, close all your crypto accounts, close your social media account, stop using a smart phone and lock your self out from accessing the internet ..
All this i believe is not possible to do because if you do it, how then are you going to be able to buy bitcoin?.
hero member
Activity: 1386
Merit: 513
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After reading your post I can say it must be really hard for you do not to see market for 80 hours. But that's a good start to develop a skill of holding in yourself and not to fall pray to market sentiments that can lead you to losses. Well nobody can predict the future of Bitcoin but at least we can guess it and my guest is same as your and very optimistic I also think that Bitcoin going to eat next 8th in the next coming 3 to 4 years and this is the right time for us to  accumulate BTC but before accmulating BTC you should be aware of basic things. This article might help you. Things to keep in mind before accumulation of Bitcoin
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