Who else have my kind of mindset for Bitcoin 2023 - page 2.

Leviathan.007

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Quote from: Ojima-ojo on January 28, 2023, 10:25:18 AM

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!

Not going to talk about 2023 specifically but my mindset for bitcoin in every year is to holding bitcoin for the long term will pay you what you want and even if 2023 starts is bearish or even worst than 2022 you will have the chance to get profits in long term because of bitcoin halving cycles which will have definitely good effect of the bitcoin price. SO personally I would say since 2022 was not a good year for bitcoin holders, 2023 should be better than using some potential saved in 2022.

sheenshane

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Quote from: romero121 on January 28, 2023, 06:55:03 PM

My focus was towards the year 2024 as halving falls. The gradual rise in the market will have downturn at some point, so that it can once again make a bounce when the market is close to the days of halving. The bullish move at the moment is really good and enjoyable, because none predicted to have a good start in the year.

I have witnessed twice in Bitcoin halving and it usually takes a month(s) before the price will take effect which is the bull market.
People who invested are waiting for this moment to have the next bull run or hit another all-time high which is opposite to the investors who want to enter the market. They also hope that there's a market correction.

Doing the DCA way of purchasing Bitcoin is a wise idea and holds when there's a bull market trend.

romero121

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My focus was towards the year 2024 as halving falls. The gradual rise in the market will have downturn at some point, so that it can once again make a bounce when the market is close to the days of halving. The bullish move at the moment is really good and enjoyable, because none predicted to have a good start in the year.

Yatsan

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Quote from: Ojima-ojo on January 28, 2023, 10:25:18 AM

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!

Idea is good but that won't be as easy as it sounds. As long as you are engaging to online and social media platforms, you'd come across with Bitcoin price or related news such as when the market is on a bullish run or the other way around. If you are really down on this industry, then for sure your actions will be affected by these things which would somehow push you for a stop loss or cut loss, at some point. Those people who I know to be able to actually hold for years are those who forgot that they are holding. Think of the previous ATHs wherein big and small investors take advantage of selling and buying again during dump. Don't do something because that's ideal, do something because it would give you profit.

sulendra12

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Quote from: Ojima-ojo on January 28, 2023, 10:25:18 AM

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.

If at the end it's just holding Bitcoin in long term then pretty much just like other I guess?
And as you said about accumulate more Bitcoin when you have a chance then I'd assume it's DCA when you don't really care about price and just invest when you have spare money to invest.

It's great to think like that, but just make sure to not get caught up with bubble or any major bad event where it could ruin your decision. If you can get through that, then congratulations.

AmoreJaz

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Quote from: mvdheuvel1983 on January 28, 2023, 04:54:57 PM

Bitcoin is gaining in popularity not just among the rich but among the masses. A lot of persons have not become away of Bitcoin especially in this first quarter of 2023. In my opinion people's mindset should be that they will play whatever role they can to ensure that they give proper education of bitcoin to those who already have a misconception. Also another mindset should be that they would invest time in learning more about Bitcoin in 2023 more than just buying and holding.

if you indeed educate people about this market, they will possibly alter their mindset towards btc and crypto in general. as we all observed, a lot of people has still hesitation on this market because of the stigma attached to it- fraud, money laundering, hacking, big projects failing and many others. so to counteract this kind of mindset, they need to understand what is the real nature of bitcoin and crypto? why is hacking happening and other fraudulent acts by the developers?

mvdheuvel1983

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Bitcoin is gaining in popularity not just among the rich but among the masses. A lot of persons have not become away of Bitcoin especially in this first quarter of 2023. In my opinion people's mindset should be that they will play whatever role they can to ensure that they give proper education of bitcoin to those who already have a misconception. Also another mindset should be that they would invest time in learning more about Bitcoin in 2023 more than just buying and holding.

serjent05

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Quote from: Ojima-ojo on January 28, 2023, 10:25:18 AM

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

I am into long-term too or when the price hit my target. I am still accumulating Bitcoin for the long term with a target price of $500k at least. I am willing to wait for another 2 halving after the next one, more or less 10 years. I believe that Bitcoin is here to stay and will be fully adopted by many countries since I read that the US of A has a positive view on cryptocurrency specifically Bitcoin. If the US accepts Bitcoin as a whole then we can see several countries following that example.

Furious 7

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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.

Ojima-ojo

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Quote from: Pokapoka124 on January 28, 2023, 03:16:05 PM

I’m a p2p trader so I can’t get away with that. It’s part of my job to stay updated with the price of bitcoins and other cryptocurrencies. This doesn’t have my hodl mentality, I don’t see the need of checking my personal wallet since I’m not taking the bitcoins out anytime soon. For day traders, they are more concerned about the short gains they can scalp from the little highs and lows. A long term investor shouldn’t be anxious about bitcoin prices.

You are right as a trader you must be constantly in touch with the price and that is the only way to monitor your a position to see when to take profits, but in my own case, I am not a trader but a bitcoin holder who is just in for steady accumulation of Bitcoin so it can become frustrating to steadily watch the price chart for me.

Avoiding anxiousness as a holder is the best form of mindset and to do that, there must be a total break from the price until the time frame set for the investment is reached.

DoublerHunter

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Quote from: Ojima-ojo on January 28, 2023, 10:25:18 AM

~snip~

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!

^Being a positive mindset that BTC price will hit another ATH this year.
The resistance of BTC seems to continue this year, remember that next year supposedly there is a next halving to the BTC which makes a good result for BTC after another year which are we noticed every time there is a next halving the price. So this year 2023 could be a good step and it is wise if you invest last month but I think until now it is not too late for that. Just think positively of the BTC price, hold as long as you can and receive a better reward in the future.

DiMarxist

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Everyone has their own mindset, perception or a viewpoint on an issue. Bitcoin last was a favour to some people while a bad Omen to some but all the same. Because in any business there much be a loser and a winner. Those who bought last year will smile this year while those who sell last year who be grumbling. This year is not the real year everyone is waiting but 2924 and 2025 are the main years the prediction lay hand. This year 2023 is still a year of hodling. As for me this year is still a year of buying and not selling if there is other alternative for billings

PrivacyG

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Something I do not recommend is forgetting entirely about your investments for a particular amount of time.

Things are moving fast. Some events are extremely important and have a massive effect on your investment if you are not there at the right time. Keep yourself updated with all news about your assets and keep an eye on them. But do not despair and do not obsessively, constantly check prices. This is the healthiest approach.

If you are too obsessed, you only lose time, stress out unnecessarily and eventually maybe even make decisions you may later regret. If you are too lax, you may miss some crucial news. Find a balance.

-
Regards,
PrivacyG

BIT-BENDER

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Well it depends on when you joined crypto-currency. Well there are many people that joined Crypto-currency along time ago and believed in crypto-currency.

Well my mind set for bitcoin this year remains high as always, I think if the bull run doesn’t come this year it would definitely be in 2024 and that’s because of the up coming halving.

Pokapoka124

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I’m a p2p trader so I can’t get away with that. It’s part of my job to stay updated with the price of bitcoins and other cryptocurrencies. This doesn’t have my hodl mentality, I don’t see the need of checking my personal wallet since I’m not taking the bitcoins out anytime soon. For day traders, they are more concerned about the short gains they can scalp from the little highs and lows. A long term investor shouldn’t be anxious about bitcoin prices.

uchegod-21

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Quote from: Ojima-ojo on January 28, 2023, 10:25:18 AM

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!

I don't think I can do without checking the price of bitcoin. I don't know if it's an addiction or it is normal. Even when I am investing for a long term purpose I can't just live complete a day without checking bitcoin price.
Even if it is not for my investment, but for the general well being of the market I always care about the Bitcoin price and I check it as often as I have my mobile phone that is internet enabled.

BITCOIN4X

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Do DCA as much as you can, do it and keep doing it until you really manage to collect it in large quantities. You and anyone here will be driven to invest for the long term, this mindset should be very common. When you think that in the future bitcoin can make you make lot of profit, then think about the quantity. It's good plan, but you also need to manage your finances well without disturbing one thing or another.

I have been a holder so far even though I don't have much. That will mean a lot when the price gets higher, and yes I really hope to be able to hold onto it long term. But up to certain point, I also need to sell it depending on my financial needs.

Maxre

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Quote from: Ojima-ojo on January 28, 2023, 10:25:18 AM

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!

Hi brother as for as I am concerned I will say that Bitcoin might cross above 32000 dollars in coming weeks and still there is no guarantee about that. And that is just my speculations.
Because in 2023 we are seeing that Inflation rates in USA are very very less and also there have rumors that we might see many more improvements over coming weeks too. And also I have opened my Bitcoin trade at almost 16800 dollars and still keeping it.

uneng

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2023 has come to renew our hopes after a harsh year that was 2022. I believe 2023 is a year of preparations for something big that is about to happen soon, boosting crypto market to fresh levels never seen before in history. It might be a final test for investors where only those who don't give up on their optimism will remain on the game. The market and especially the whales are testing us all the time, playing with our emotions and sentiments. This year it shouldn't be different. All we have to do is to keep strong in our purpose of holding bitcoin, doesn't matter how difficult it looks momentarily. Remember the transition to a new cycle of prosperity must be near!

Coin_trader

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Quote from: Ojima-ojo on January 28, 2023, 10:25:18 AM

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!

This is a bit too early to conclude. We are just on the first month of 2023 and it’s normal to experience this kind of rally since the price went down a lot since lost year for multiple consecutive months. You should use a monthly time frame to determine the general overview of crypto market. You will notice that the current month is the first positive strong movement after multiple months of dumping and low volume trading.

Quote from: Ojima-ojo on January 28, 2023, 10:25:18 AM

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!

This same on last year. You can see that Bitcoin manage to have price recovery during February and March after experiencing huge dump from Nov 2021 to January 2022. Price always recover short term after the huge dump then possibly continue to go down further. My strategy is to watch carefully on the price and make sure that I’m not buying on the price that will big time later. I’m currently doing DCA every week but I’m always taking profit too the moment the price moves and gave me a short term gain. I’m currently using x2 to x3 leverage trading to have a decent profit for a minimal move since I’m still convince that this is mega bull run. I will keep doing this short term trade until the price gets to 30K level and above then I will do the power hold.

Topic: Who else have my kind of mindset for Bitcoin 2023 - page 2. (Read 607 times)