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Topic: You can only use bitcoin maximalist strategy to succeed in the market (Read 347 times)

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Bitcoin Maximalists think that Bitcoin's solid design and network effects will make it the money of the future.

This is not to dismiss the efforts of other initiatives and platforms, such as Ethereum, which strive for a distinct use case based on the concept of a distributed decentralized ledger. It is commonly assumed that Bitcoin Maximalists dismiss all other crypto projects. Bitcoin Maximalists think that Bitcoin will eventually replace fiat currency, hence they do not measure the value of their portfolio in dollars or any other currency. They prefer to "maximize" the quantity of Bitcoins they own. They may trade in other tokens, but their main goal is to maximize their Bitcoin holdings.
hero member
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I would say you don't need lot of strategies if you understand bitcoin and why it's importance for us in future as well as current time also.
Hodling Bitcoin is just the only secret of making a better profit in Bitcoin, but people still find is very difficult to stick to it , I think this is just because they are too desperate of making money out of Bitcoin. The strategy of Hodling Bitcoin is very simple which is to just hodl Bitcoin and not even difficult  but people still sees it very hard to follow this strategy. It seems too difficult for some people because they do not understand the strategy, this set of people understand bitcoin from what they feel about bitcoin thinking that the market must be in the favour of their own prediction.
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You alright OP and you have said it yourself that "The maxi only invest in what they believe and understand what will become the end result of what they are investing in the future."
Therefore there's no Bitcoin maximalist strategy involved. What is needed is simple knowledge about the Bitcoin market, historical data, fundamental concepts, and why it will always be the same BTC that leads the market into new ATH prices during block halving.
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The price of the market for sometimes have not been moving up like what mist young investors expected. The market have been challenging to most investors. The only way young investors can overcome the recent price of the market is to use bitcoin maximalist strategy to invest in bitcoin.

They see no reason to be scared even if the market is going down.  Those who really understand the market will always overcome tough bear market, but it will be challenging for people who don't have understanding.
When you are someone who understands the Bitcoin market situation, the easy strategy you will do is buy and hold.
That is one strategy that doesn't bother you much when you think about the various assumptions that are circulating.
The toughest challenge we often hear about is hold. Hold requires a lot of emotions that investors must be able to control in the face of uncertain conditions.

But we must be sure that ups and downs are normal situations that occur in the market.
If now is considered a time when the graph is declining, then there will be times when the graph is moving up.
sr. member
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The maximalist have so much confidence in bitcoin, they believe in bitcoin no matter how tough the price in the market is, and they consider bitcoin as the best investment than any other cryptocurrency.
The maxi only invest in what they believe and understand what will become the end result of what they are investing inthe future.  Maximalist always have success in their investments because they already know what they are into.
Fully believe in bitcoin or what you call a maximalist, it is definitely a must have for every bitcoin investor. Trust will indeed be a strength in itself for bitcoin investors, even with the current market conditions. But instilling complete trust in bitcoin, is not an easy thing. Because sometimes there are not a few bitcoin investors who always ask questions and have fear when market conditions don't improve. Especially for beginners in bitcoin, in my opinion, their trust in bitcoin is still very thin. But that's still reasonable, because beginners must have never gone through the cycles that exist in bitcoin, and so they still have a little doubt about bitcoin. And bitcoin maximalism in my opinion is not a strategy, but bitcoin maximalism is the fruit of the long journey of investing or trading in bitcoin. And it is that journey and experience that makes a person a person who believes in bitcoin completely or can be called a bitcoin maximalist.
sr. member
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The price of the market for sometimes have not been moving up like what mist young investors expected. The market have been challenging to most investors. The only way young investors can overcome the recent price of the market is to use bitcoin maximalist strategy to invest in bitcoin.


It is especially possible for those who have held bitcoin for a longer time, but, my view is that every investor has a unique level of risk tolerance. Some may be comfortable with a bitcoin maximalist strategy, while others may prefer a more diverse approach from a personal point of view.

Yes for a bitcoin maximalist. For sure those guys have a lot of bitcoin even before, but those who bought it when its expensive already its not like that. Some are probably bound by fear too when the market is crashing and attempted to sell before it gone so down. Anyway in my opinion bitcoin will always recovered as there are whales who love to move the market up when others are so fearful.

Yes, they The whales have more roles in the market. Apart from that, as one of the largest assets in the cryptocurrency market, Bitcoin is also often seen as a hedge that can help protect investment values in the face of market competition, so many investors and market participants are interested in Bitcoin because they see its enormous potential to generate profits. However, any policy Investment decisions must also be based on a deep understanding of the risk of the market, trend training, and management policies in accordance with the profile and objectives later.
hero member
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They see no reason to be scared even if the market is going down.  Those who really understand the market will always overcome tough bear market, but it will be challenging for people who don't have understanding.
I don't know why the eye people are still on the market when just bought it. Because we must forget for a moment, and don't look at it again within a period. This is the biggest problem and will be related to each other, For example, when the Fud'er scared and sold his bitcoins, the person who understands the situation and don't have a bit patient will follow in what the Fud'er did, thus making the situation to be crash when continue it by whales also. But, in different situations and places, the others buyer laying a lower bid in the market, and bought all bitcoins. so turn around to be positive.
legendary
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The challenge is when the market crashes like it is now. they will be able to survive if they believe and have a backup strategy and spare cash.
Seeing the market crash conditions will certainly be a good opportunity to start entering to double profits. There are many factors that must be done to be successful in the market using the best strategy. But the most important thing is how to control your emotions so you don't panic and get ready to buy at lower prices again. Bitcoin will not always go down, there will be bulls after bears.
legendary
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You don't need to be a maximalist, you just need to use your brain a little and notice that in the past the bull runs were very fast but came after long periods of price decline or stagnation. If this pattern still holds, it just means that holders need to wait, especially for the halvening which traditionally heralded a new bull run.
legendary
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I would say you don't need lot of strategies if you understand bitcoin and why it's importance for us in future as well as current time also.The main aim behind it that attracts most of us to it is completely decentralised nature with deflationary nature when the banks are collapsing,fiat is losing significant worth and government always have track over you.So bitcoin eliminates all of them giving you control over your funds which is why people are investing in it but many are attracted because of profits also without understanding the volatility factors and long term holding which is why they face loss whenever dump situation arises so first of all understanding about it is necessary.Then invest and hold for long term which will help you to gain profits also in future.
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I believe that, but you've seen a lot of bad news these days about crypto. That makes us have to wait a long time, I actually hope that BTC will again grab the latest ATH.
Yes and thats inevitable. Market has a cycle and we knew that down is also a part of it. Lets just hope for the best to reach or surpass its ATH but it will take a while due to a lot of fuds. Government or mostly SEC still wanna pry out the crypto industry on US which affect everyone due to their posistion. But bitcoin can never be sue or use for their regulations. Well they cant sue Satoshi since he never existed since his absence.
hero member
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Yes for a bitcoin maximalist. For sure those guys have a lot of bitcoin even before, but those who bought it when its expensive already its not like that. Some are probably bound by fear too when the market is crashing and attempted to sell before it gone so down. Anyway in my opinion bitcoin will always recovered as there are whales who love to move the market up when others are so fearful.

I believe that, but you've seen a lot of bad news these days about crypto. That makes us have to wait a long time, I actually hope that BTC will again grab the latest ATH. The current state of affairs is certainly part of the process towards that (hopefully).
Many investors have different trading strategies and mentalities. For new people, maybe the problems these few days make them frightened. So there are several decisions they take to secure the assets they have. The stronger our mental restraint, it will certainly have a good impact on price increases.
hero member
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The only way young investors can overcome the recent price of the market is to use bitcoin maximalist strategy to invest in bitcoin.

To wrap it all, being a bitcoin maximalists, you must be able and willing to hodl because in this lies the opportunity to maximize your potential being an holder, you must not be scared away by the trends of what the market is saying together with the news of the things happening.

The maximalist have so much confidence in bitcoin, they believe in bitcoin no matter how tough the price in the market is, and they consider bitcoin as the best investment than any other cryptocurrency.

Everyone who is a bitcoin investor and believe that bitcoin will not loose value no matter how the level of the bear market reached, such person is good to be regarded as a bitcoin maximalists because he believes in the potential that bitcoin will definitely rise over time regardless of the present condition.

They see no reason to be scared even if the market is going down.  Those who really understand the market will always overcome tough bear market, but it will be challenging for people who don't have understanding.

Only those that have their investment in bitcoin can havethis statement applicable to, if you're investing on altcoins and tokens, you may laugh today to cry the next day because some of the alts projects dont last and what burst their bubbles the most is during high volatility when the market goes more dip.
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You have not described properly about the maximalist strategy to invest in Bitcoin or to succeed in the market. It will be more educational if you describe it properly with us and that will be much helpful for the young investors.
Anyway Crypto market is totally uncertain. So anything can be happen and we must have strength to face the bear market or a sudden crash in the market. I think the best trading strategy is to do DCA(Dollar Cost Averaging) and need to minimalise the average buying price.
To learn about DCA you can read this Article: https://cointelegraph.com/news/what-is-dollar-cost-averaging-dca-and-how-does-it-work/amp
Like I stated earlier that the maximalist succeed because of how they understand the market, not just by experience but by making research to get history of the market, this gives them more courage to stay scam while investing knowingly fully well their will be time to make profit.  The maximalist tends  to exhibit good quality for successful investors, the maximalist list strategy for Bitcoin is nothing but understanding, this is just the key for successful investment.
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The price of the market for sometimes have not been moving up like what mist young investors expected. The market have been challenging to most investors. The only way young investors can overcome the recent price of the market is to use bitcoin maximalist strategy to invest in bitcoin.
I remember my first months in the bitcoin sector, it was not easy for me. It was the period that the price was dropping every day and I was tempted almost to sell my coin to avoid further loss. With time I began to understand the sector and the need for patience. I was able to gain confidence and trust in the investment platform that bitcoin offers. I can't state categorically that I am now a bitcoin maximalist because I still fret but I am a bitcoin believer. I believe that investing in bitcoin is profitable for long-term investors.

The destination of an unshakable belief in bitcoin is not a day's journey. Newbies need to understand the sector and gain experience in the workings of the industry. It is the depth of their knowledge that will determine their level of conviction that bitcoin is a trustworthy investment. Their experience can infuse boldness and bravery that will make them hodl their coins even in the face of FUD and intimidation from banks and the government.
legendary
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The price of the market for sometimes have not been moving up like what mist young investors expected. The market have been challenging to most investors. The only way young investors can overcome the recent price of the market is to use bitcoin maximalist strategy to invest in bitcoin.

The maximalist have so much confidence in bitcoin, they believe in bitcoin no matter how tough the price in the market is, and they consider bitcoin as the best investment than any other cryptocurrency.
The maxi only invest in what they believe and understand what will become the end result of what they are investing inthe future.  Maximalist always have success in their investments because they already know what they are into.

They see no reason to be scared even if the market is going down.  Those who really understand the market will always overcome tough bear market, but it will be challenging for people who don't have understanding.

I personally appreciate how passionate those guys on bitcoin because they really have long patience and believe that bitcoin could give them more decent profit than any other coins in the market. But its so rare to find bitcoin maximalist guys and I only know few of them exist here because most of the people I encounter invest on multiple coin because they believe on saying that don't put all of your egg in one basket. There's also nothing wrong with those belief and they should go on whatever can give them confidence or where they are comfortable to deal with.
hero member
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Lack of knowledge and probably using funds for emergency or borrowed funds will lead to panic at this time of the market. Bitcoin Maximalist are OGs in bitcoin,a newbie should only use the money that he can afford to lose for investing in bitcoin because nobody can predict what amount bitcoin price will be next. Bitcoin volatile nature is what controls the price and if you understand the basic bitcoin investment strategy,then you will know that investing in a long term run will be the best thing one can do to avoid panic when the price goes dip. We must all start from somewhere in our bitcoin journey and it is only  bitcoin knowledge and experience that can make you believe in it.
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Someone can't become a bitcoin maximalist just with a few or without any experience in the cryptocurrency industry, so it was those set of people who had good knowledge and had experienced some bitcoin market reactions that I can say were bitcoin Bitcoin maximalist.I don't think there will be any newbies in the crypto industry who have such confidence.
 
People that have experience bear markets and bull runs always have some strong confidence due to the knowledge they have gained through the bear market and bull run, especially those who have made huge profits from their Bitcoin investments. They hardly get worried about the bad reactions of the Bitcoin market.
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They see no reason to be scared even if the market is going down.  Those who really understand the market will always overcome tough bear market, but it will be challenging for people who don't have understanding.
Yes for a bitcoin maximalist. For sure those guys have a lot of bitcoin even before, but those who bought it when its expensive already its not like that. Some are probably bound by fear too when the market is crashing and attempted to sell before it gone so down. Anyway in my opinion bitcoin will always recovered as there are whales who love to move the market up when others are so fearful.
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The price of the market for sometimes have not been moving up like what mist young investors expected. The market have been challenging to most investors. The only way young investors can overcome the recent price of the market is to use bitcoin maximalist strategy to invest in bitcoin.
You can not become a Bitcoin maximalist if you are new in this market and only join it a few months.

Quote
The maximalist have so much confidence in bitcoin, they believe in bitcoin no matter how tough the price in the market is, and they consider bitcoin as the best investment than any other cryptocurrency.
They have such strong and unchangeable confidence because they have many things behind. Knowledge about Bitcoin, experience in the market and already got profit from Bitcoin investment.

A newbie must do many things to become a Bitcoin maximalist and very first important mark, earning profit from Bitcoin investment. When you have profit, cash it out, you will increase your confidence. As said, you must be tested by the market especially bear market with massive fud to upgrade from newbie to a senior investor and a long time later, a Bitcoin maximalist.

Anyway Bitcoin maximalist is kind of extreme, you don't need to be them to hold your bitcoin as a real Bitcoin investor.
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- Jay -
Many users here are Bitcoin maximalist from their conversations, commonly referring to altcoins as shitcoins. This belief that bitcoin is the only cryptocurrency worth holding has saved many people from buying coins that ended up running down and value and causing losses to their investors.

The important thing is to have an understanding on how bitcoin works and not 'believe' in it cause it is cool to do so and many other people are doing it.

- Jay -
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You have not described properly about the maximalist strategy to invest in Bitcoin or to succeed in the market. It will be more educational if you describe it properly with us and that will be much helpful for the young investors.
Anyway Crypto market is totally uncertain. So anything can be happen and we must have strength to face the bear market or a sudden crash in the market. I think the best trading strategy is to do DCA(Dollar Cost Averaging) and need to minimalise the average buying price.
To learn about DCA you can read this Article: https://cointelegraph.com/news/what-is-dollar-cost-averaging-dca-and-how-does-it-work/amp
legendary
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They see no reason to be scared even if the market is going down.  Those who really understand the market will always overcome tough bear market, but it will be challenging for people who don't have understanding.
Bitcoin marketcap got to over $1 trillion, now at half of the marketcap. You are not wrong about what you are saying but know that whales do wake up for bullish season and many of the whales will leave the market and bear season will start again.

By next year, before and after bitcoin mining reward halves, you will see the whales waking up again. If you invested in bitcoin at $50000 to $65000 in 2021, you know how much you have lost and the period of time that you have to wait before bitcoin will hit the price and increase above it again.

It is better to make a good speculation and invest at the right time. If I invest in bitcoin right now and the price fall, I will not sell because the price will reach over $25000 again and increase far more.
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What I wound simply add is people that are afraid of bitcoin market fluctuations this days, are just total newbies to bitcoin and haven’t experienced a bearish market that hit hard than this before. But for any investor that has been in the crypto space for like 4 to 3 years from now would now cause to fear. In fact in the face of the approaching halving and the exchanges crises bitcoin faces this days I still feel the current price is still better than the other years.

Another thing that actually has caused panic or fear in the Mindset of the new investors is the fact that most of them came into bitcoin with the narrative of it been a rich quick scheme and they invested either amounts that they can’t afford to hold for long or some loaned funds and since the market fluctuations aren’t going as they expected it is causing them some trouble
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The price of the market for sometimes have not been moving up like what mist young investors expected. The market have been challenging to most investors. The only way young investors can overcome the recent price of the market is to use bitcoin maximalist strategy to invest in bitcoin.

The maximalist have so much confidence in bitcoin, they believe in bitcoin no matter how tough the price in the market is, and they consider bitcoin as the best investment than any other cryptocurrency.
The maxi only invest in what they believe and understand what will become the end result of what they are investing inthe future.  Maximalist always have success in their investments because they already know what they are into.

They see no reason to be scared even if the market is going down.  Those who really understand the market will always overcome tough bear market, but it will be challenging for people who don't have understanding.
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