Topic: You don't become a big investor by public opinion. (Read 538 times)

If investors have a good understanding of investment, of course they will understand the risks they will face in their investment and know how to solve the problems they will face when investing, when they can decide quickly, of course they will really understand correctly, how to carry out analysis well, they will be able to make the right decisions in a short time, of course this will benefit them, but for those who cannot yet understand how to analyze the market, of course they must be able to carry out research and analyze the market carefully and must make the right decisions on the investments they make to be able to gain profits from those investments.

When we understand the potential of Bitcoin, of course we will try to be able to invest in Bitcoin for a long period of time to wait for the profits from the investment and we must be patient in waiting for the profits from the investment.

you can listen to people's advice but you don't have to take it because people can people wrong no matter how good they are at what they do You can collect ideas and then make a choice yourself that will be much better. and that is why emphasis is always placed on having an idea before going into anything. Because a lot of opinions won't be of any help, you can only add them for more knowledge. Investment is a lot of process and observation because you have to look at both demand and supply. There is more to having an idea and throwing money into it if you have people in that same business make your inquiries, then execute your plan according to your plan.

Even if you want to invest in the process, you can get a job first because investment money won't fall from the sky you need a source of income, and also from your job, you will be able to pick one or two things from there before going into your investment. and people in Bitcoin have a lot of faith, and that is why they are making good money from that investment. I cannot exactly predict what will happen, and still, people believe, and that is how every investment is supposed to be made, having faith that it will yield good fruit someday.

We learn every time so it doesn't matter what anyone faces with crypto, the real deal is if you can learn from your mistakes because those who learn are the only ones who grow.

If one follows public opinion and it fails them in the end, that doesn't mean it is the end of trying, automatically you are gifted if you can learn from your mistakes and move on.

Most of the time, people don't have goof advices because of their lack of knowledge, instead of them to keep shut and try to learn, they will come out in the public and run their mouth, I have never follow the public opinion and be proud of it, it's always misleading.

I stand up for myself and abandoned every other ideas from people, this was when I started getting myself, honestly, no one knows what's best for anybody, we are all struggling in this world, instead of following anyone I chose to find answers myself.

We are heading towards a new ATH in bitcoin price and as of now it's a man for himself it will be a huge loss for someone who is in the field of the crypto industry and yet doesn't exert all his efforts to accumulate some bitcoins for his investment because this crypto market scenario nowadays are indications of something big will gonna happen in the upcoming days and surely the bitcoins price will exceed all expectations due to its current popularity and trend this year. So what the others are waiting for? do they think they can get any good event such as this one? I don't think so.

Clear: scorn for doubters and empathy for the daring. The key to investing in Bitcoin, or any asset, is seeing the vision others cant, knowing the risks, and taking chances most wouldn't.

Indeed, Bitcoin's rise from pennies to its current value is a financial spectacle. Not simply the figures, but also the belief in the future, market dynamics, and unflinching faith in one's actions. Many critics of Bitcoin label it a hoax because they lack the foresight or courage to act when it matters.


A personal plan and future vision underpin investment, not public opinion. The wise Warren Buffett recommends long-term investing. This idea is shown by Bitcoin's rise. Smart, independent decisions are vital, whether you're playing short or long. Whats Bitcoin's next decade outlook? Consider both current and future trends. 

Your curiosity about the longevity of Bitcoin investments is quite valid. Indeed, some individuals have held onto their Bitcoin since the early days. These investors have weathered various market cycles, including significant fluctuations in value.

While it's true that some early investors may have sold their holdings during high-profit periods, others believe in the long-term potential of Bitcoin and choose to hold onto their investments despite market volatility.

It's a personal decision that varies from investor to investor, influenced by individual risk tolerance, investment strategy, and belief in the asset's future.

Your point about self-trust is crucial; especially with something as novel and volatile as cryptocurrency, it's essential to conduct thorough research and make decisions that align with one's financial goals and comfort level. At the end of the day, each investor must navigate the market based on their convictions and understanding.

Only having money does not make one an investor. Of course an investor should be aware of the potential risks and profits involved in investing. Any investment is risky but if the investor can take appropriate decision by doing proper research or judgement and analysis then there is a great possibility of being profitable from such investment. In some cases, an investor's quick decision-making can lead to success. Everyone who invested and held Bitcoin when it was under $1 is now one of the rich. However, in the early stages of investing, an investor would naturally struggle with various psychological factors before making a decision. Since I have invested a small amount in Bitcoin, I must say that I am an investor and one who is always looking to take advantage of the long-term potential in Bitcoin as much as possible.

At the end, the holder is the winner but not easy to pass with that examination and I believe with the most of bitcoin investor when investing with bitcoin price under $6k last several years ago have sold out their bitcoin when raising higher price up to x2 or x3.
Its difficult how controlling emotional keep holding bitcoin when raising profitable more than 300% and most of them won't loss the great opportunity for selling bitcoin in the higher price.
Difficult to be big investor in bitcoin exactly since bitcoin invest at lower price and few months later success break out above 100% automatically many investor won't keep hold their bitcoin assets and prefer to sell than buy back later.

Yeah it should be in Bold and must be edited to "IS NOW 73k" because indeed that highlighting the progress and success of bitcoin is also our success.

wondering how many old investors are still actively having their phrases ? because recently there is a whale(old investor) that sold His bitcoin for milions of dollars so that brings my interest to ask.


but there are wallets that after 14 years have just wokeup now and have activities.

If it is possibility then for sure there is, that early investors are still holding and having no plans at all to sell their Bitcoin. It is just hard to think of the idea that they managed to hold given how many times the market price have 'peaked' on different years. I would like to assume that they had thoughts of selling it given that only a few have expected its market value to be as much as with the present. So I'm thinking, if they have full control of their crypto holdings, at what price point are they planning to sell it? 'coz if it is just the belief that its price could be xxxxxxxx or any number investors are looking forward with, it would be unending; we saw it already. Some people said they'd be selling at $20k as the peak price before but upon reaching it they refuse to sell and believed that price could go higher, then a crash will happen, then recovery, then a cycle.

Should keep in mind that investing in any asset requires due diligence and careful examination of what you are about to jump into. Whether in crypto or any other tangible asset. One should bear in mind that you should take into consideration the pros and cons before buying any of the asset. Are you ready to embrace the worst possible scenario it can give to your funds?

Well I don't know about that though, but there's still big possibility that it is true that these wallet owners still have access to them but on another note their is still every possiblity that the owners might have lost access to these wallet because having or leaving coins untouched for so many years is something that I can say only a few percentage of persons can do even if you claim to have all the money to spend and feel not to touch it, it might even be that some of these wallet are owned by people who weren't that certain of the growth of Bitcoin and bought it as low price then with the thought out of curiosity.

Investment like you said is like planting a tree, and for a tree to reach the stage of bearing fruits you will need time, some investment might take longer than others just like trees have different time range before it reaches maturity. Now when it comes to bitcoin investment, we have two types traders the day to day traders otherwise called swing traders and the long term traders. The swing traders are those that just stay in the market for a short period of time, they don’t need to wait for years or to wait for a coin to reach it's all time high before they take profits.  As long as they making profit for the day is okay by them. On the other hand we have the long term traders, I’m sure we have already heard enough about these types of investors. The Investment may not yield as expected, just like tree you don’t know if it will survive and bear fruit or not, life itself is risk and it’s worth taking.
 Relying on people's opinion without doing your own research and analysis is like flying a plane with a blindfold. You will be at the mercy of these news carriers whether good or bad, because of ignorance you will have to go with anything the person says. Which is not part of the characteristic of starting a business.  As an investor, you have to be able to see beyond what a common man sees for you to want to invest in that particular thing in the first place, it not always about the money most of the time. Time and effort too matters in having a productive investment.

Many of the dominant Bitcoin that we think that was lost might not be lost. There are people who still have access to there Bitcoin but decided to leave it there because they have nothing to do with it. When we have enough funds to spend I don't think we would have to temper without our Bitcoin holding even though the price keeps falling and falling, there is nothing to lose at all. There are so many wallets containing huge number of Bitcoin that are just in there resting phase. The owners have nothing to do with it and left it domant for years without any move to transfer it or sell it.

Disregarding opposing viewpoints is like shutting one eye while navigating a busy street.  Sure, you might have a good sense of direction, but there's a chance you'll miss something crucial.  Consider the early Bitcoin naysayers. Back when it was a digital penny, dismissing it entirely was easy. But a seed of doubt, a willingness to listen to the "crazy" ideas, might have opened doors to unforeseen possibilities.

Even Satoshi Nakamoto, the enigmatic creator, couldn't have predicted the full scope of the cryptocurrency revolution. The industry's explosive growth is a testament to the power of collective imagination.

Your journey with Bitcoin is a perfect example.  This forum, a space for diverse voices, has been your training ground.  Each interaction, each contrasting viewpoint, has honed your understanding. Now, you stand at a crossroads, confident in your own knowledge, but still open to the whispers of the crowd.

We need not rely on others to make decisions for us but instead, we make our own.
And Mr, Buffet is right, we wait several years to see the outcome of our investment because investing doesn't give us an instant profit nor do we expect that. As we can see, only a few people has the courage to invest rather than being a job seeker or employee as they prefer to get money monthly rather than been in investing which is uncertain.

If we want to become a big investor, then we also have to trust ourselves and the opportunity we see, not because people are suggesting this.
We invest in Bitcoin because we see its potential, not only because people are saying so.

All these are happening because there is many source that are discussing about the cryptocurrency market.  and so everybody is saying what they see while some people are just saying negativity to feed their pocket, and that is what make some investors to be somehow confuse even after they have invested you, will see them ending up selling what they have already invested. So listening to the public is what is affecting many people in the crypto space today, and that is why when the price pump everybody will be saying positivity about crypto while when it dumps people will start saying negative things about it.

All this are not a big deal, in my opinion. if we can settle down and do our own research it will be our guide in every step we want to take in the crypto in the space, and investors will no longer get confused, although investors that always get confuse are those that lack the knowledge of what they suppose to do.

$1K is considerably big amount when we are talking about the value in single digit or even lesser and that's why it's estimated around 4 million Bitcoins were lost simply because owners didn't have access to the wallet/seeds anymore. Well that made the price more higher and from now on people even hold fraction of it will be lot more careful.

Indeed, many people left the distance or simply lost access to their Bitcoins. Since a lot of time has passed since prices were very low, but the community was not as large as it is now; there were not so many exchanges and services and even media. I know personally there are several people who have Bitcoins and bought them for less than 1k and continue to hold them because their goal is 100k and then they will calmly sell them.

It's amazing to think that not too many years ago in 2009, the coin sold for $0.09 and today it is worth about $74,000. Not only here, demand will increase with time and prices will also increase. But I think those who bought Bitcoin in 2009 and invested till now will not get it anymore. But still those who bravely go ahead with Bitcoin will also get great success one day but don't have to wait long for that they will be successful very soon. It is better for those who are involved in bitcoin to go ahead with investment because if you go ahead with bitcoin investment you are successful.

More precisely, don't say that you are wasting money on useless things such as gadgets or whatever, because currently devices such as gadgets or anything that can be used to process data and access the internet have become important for everyone. So it is not worth it to say that you are wasting money on this, even though the money can also be used in investments such as Bitcoin in order to continue to increase the amount considering the price increase which has exceeded $70K at this time.

Yes, it also makes me wonder if there are any investors before wayback 2009 who bought bitcoin at a price of 0.09$. Imagine if you only bought 10$ of bitcoin in 2009 at 111btc,
then if it was just held in your wallet until now, it's around 7.7 million dollars. Think about that, the investment is only 10$, and the value of your money will be like that.

So probably in these times, maybe it's good that we start saving bitcoin 10 years from now, because honestly, anyone who has bitcoin in the coming times is really something else,
to be honest.

The world of Bitcoin fosters a unique dance between independent thought and collective knowledge. While blind adherence to the opinions of others is a recipe for disaster, dismissing them entirely can lead to missed opportunities. The true wisdom lies in harnessing the power of both.

Consider a lone prospector panning for gold. Their experience and instincts are crucial, but they can only delve so deep with their own knowledge. However, by sharing stories with seasoned miners, they gain access to a collective wisdom, whispers of hidden lodes and treacherous pitfalls. This combined knowledge empowers them to navigate the unknown with a sharper edge.

Similarly, Bitcoin investors must cultivate a discerning mind. They should delve into the technology, understand the underlying principles, and form their own convictions. Yet, a forum becomes a virtual gold rush town. Here, experiences are exchanged, battle scars displayed, and whispers of future trends circulate. By filtering these insights through the lens of their own understanding, investors can refine their strategies and make informed decisions.

The op mentioned the idea of seeing something others don't see. It's a very generic phrase that can be understood differently. A lot of people saw and really noticed the 2017 crypto boom. So buying Bitcoin around that time wasn't against the current, and it was a good price to invest in Bitcoin. Then again, the op is saying that the majority still believe Bitcoin is a scam, and from that point of view, buying Bitcoin does mean seeing what others don't see.
We're well past those very cheap Bitcoin prices and extremely high profits. Some managed to invest back then and profited a lot, some invested and lost most of it one way or another, and some just weren't around. But Bitcoin is still a good investment, with a lot of potential.

According to the Data I got from Cointelegraph Markets Pro and TradingView, they captured a new $73,794 record price increase on Bitstamp. It has increased past the $72k it was at on Monday during the  early Asian trading hours and dumped a bit, only to last night pump past the previous ATH of $72k to current $73,794 price this morning before wall street opened.



Big investors have big portfolios that's why they can afford to lose sometimes and be unbothered but that's not the case here because Michael Saylor of Microstrategy intends to own about 1% of BTC before the halving of which he on Monday acquired about $12k worth in addition to the ones in his possession already.

Public opinion says different when an investor listens to it before investing but when one knows what it is they want like Michael who is willingly being a whale investor, the opinion of the public won't matter because the funds are in your possession not theirs, as well as all the risk taking is the investors brunt to bear, not the public.
https://cointelegraph.com/news/bitcoin-analyst-big-move-btc-price-new-73-8-k-record

We can not discard public opinion because Bitcoin turned out to be a reputable cryptocurrency, just like we have many scam projects that newbies come to ask if it's worth investing in, and the experienced members will research and give their opinions, which are mostly correct. Public opinions matters, especially when most of the analysts are professionals, so in the case when Bitcoin was created everybody was skeptical about it, because they didn't know if it was a scam, and yo wouldn't blame anybody for not investing in it. Although people must decide by themselves if they'll go with what the majority thinks.

With the increasing adoption that Bitcoin has been gaining so far, where individuals, companies and even nations are testifying that it's a reputable asset that it's value will keep increasing into the future, nobody needs a public opinion to understand this fact now. The fact is that the early adopters of Bitcoin took risks to invest in it, I believe that they wouldn't have imagined that it's price will reach what it is today,

Many people missed the opportunity of investing bitcoin early because of the opinion of other people and many people to missed the benefit of hodling because of the opinion of other people how bitcoin was criticise. What I have come to know about Bitcoin is that if one don't have understanding about it, it will be criticise. Even the future people will still criticise bitcoin and a beginner trying to know bitcoin may likely lose interest in bitcoin listening to people's opinions who don't have good understanding about bitcoin.

That is why research is very important to know about every investment,  the history in the past of every investment is what will be used to know if an investment is a good one or not. Listening to people opinion is not the best and can make one to miss good opportunities.

Smart people like these are superhuman actually, able to withstand investments that no one else even thought of until $1 could turn into millions of dollars in a few years.

I myself even appeared in the crypto world in 2016 and owned 3 BTC at the end of 2017,
could not hold the 3 BTC for too long and could only sell at a price of around $16k++ which in my opinion was a very high price at that time.

But there is a new ATH achieved to date reaching a new ATH at the price of $73k.
Bitcoin is so crazy and don't try to fight it and think that the price just stops here.

Trying to see the future is impossible and no one will know what will happen.
But sure of what is held and the technology that is growing like Bitcoin it might be luck in the future.
Every decision will determine the future.

Investing is not easy.  It is not easy to make money off making investments.  Otherwise we would all be Rich already.

The people who purchased Bitcoin and held up to this day most of their stash are the smartest.  They saw something others did not, decided to commit and invest in it and are now living off just that.

But how likely is it that out of all the opportunities of investments in this entire world you pick the ones that could turn Dollars into MILLIONS.  Exactly.  Very unlikely.  It is most likely that your road of investments will look very similar to the average road of investments.  Every Billionaire has had failed investments.  They just happened to pick the right things at the right time.  Maybe fate plays a role in this thing too.  Maybe also luck.  Who knows.

My point is.  It is easy to look at the past and see what you missed but it is hard as HELL to try to look into the future and find the TOP opportunities you can pick that will turn you into HUGE Wealth within years.

I reasoned that how can people just keep their coin when it hasn't yet reached its value? I mean, bitcoin people who bought it for the first time didn't expect it to reach this amount now, which is why some are using it to buy pizza because if someone knows that bitcoin will rise significantly, they won't sell it. People who take advantage of the opportunity and leave their coins are the lucky winners. Some people do not see the worth of bitcoin, which is why some people forget the coins and leave them for their well-being, and some don't know where there phrase is because they didn't expect bitcoin will raise that is why they mislead it. and they are probably richer now as a result of their bitcoin investment.

Everyone learns from errors. people that know bitcoin since the beginning and did not see the value of it and now has made people rich in the world, know that no one will make mistakes anymore anyone will buy bitcoin and will never sell all there coins anymore, because they will not let what happened to them repeat again and I still believe bitcoin will increase more than 72$ we should just keep buying if you have not buy before and leave it thing bull run and I am very sure many people will be profitable if they are know greedy, because some will get huge profit they won't sell the coin they are waiting for higher profits. and probably the coin will decrease and they will likely lose the profit they have before.

"Sell when everyone is buying, buy when everyone is selling."

If everybody wants an asset it means you should be getting out of that asset and buy something that nobody wants. Always be ahead of the curve if you want to make huge money. Bitcoin is making ATH but how far can it go from here? x2? Hardly... You can find something else that hasn't done its big move and make huge profits (x100) instead. Of course that's not an easy task. It wasn't an easy task to hodl btc 10 years ago. Like you said, many people didn't want bitcoin back then so it was way hard to hodl btc. Now everybody wants it. That means it is easier to hodl btc and it makes you feel good knowing that everybody is interested in btc. Going against the waves is always much harder.

That's the highlight of your post. People who believed in Bitcoin and the technology behind it are benefiting at large from it, and those who neglected it and tried to show it in a negative light are regretting everything they did back in the day. I still remember mainstream media was doing everything they could to make Bitcoin look like something very bad, they called it a criminal currency and something that is used by criminals to fund their activities, but that didn't stop Bitcoin from progressing, and look at it today.

People who were doing all those negative activities at that time must be regretting not investing in Bitcoin instead of doing all that, the price of Bitcoin was nothing back then compared to its current price.

In learning, you are free to take as many as public opinions and relate them together with each other, but when it comes to a decision making process, then we have to be focused on going for what is good for us and not what other people are suggesting for us to take, indecision can affect us and its only when we also have nothing to put forward ahead before those challenges arrives while making our decisions.

Even who bought Bitcoin when it was less than 10 cents may not even dreamt of seeing Bitcoin valued of 70K and optimistic is too far away for this kind of price difference, they saw something different and decided to throw some money that they have spent on useless gadget or whatever.

The first Bitcoin price was in 2010, not 2009. 2009 it had no market value, you could only get it through mining. And I believe, from what I've read, it started at a price of around $0.009, not $0.09, because at some point a few months after the first exchange opened the price quickly 10x'd from around a cent to around 10 cents. So it was actually about $0.009 to $72k, 10x larger that what you said! And in one fewer years, 2010 to 2024.

this means bitcoin is the perfect example of this? to be needed a decade before unfolding  ? and yes I believe it is mate and i have not happened to be there since day one but lucky that i know bitcoin for 7 years and i am bitcoin supporter.
and also i don't need to be big investor but i am a true investor lol.

Back in 2009 and 2010, I think Bitcoin wasn't yet an investment. The image of Bitcoin right now as a rising asset class has not yet pervaded the public. Those were the years when joining Bitcoin means really understanding Bitcoin. And I think understanding Bitcoin was the main factor why they're into Bitcoin. Some might have been testing it for fun. But I guess they all have technical appreciation of the technology. If they kept Bitcoin, it wasn't mainly because it was an investment but because they were rooting for it.

Right now, people are into Bitcoin merely because of the buzz, the hype. Bitcoin is the talk of the town. Predictions, opinions, analyses, and so on about Bitcoin are all over the internet, television, and others. It's probably the herd mentality that's working right now.

Yes, this is beautiful: “The coin that was once sold at $0.09 is now worth $72,000” but it does not always happen. Not all coins that were priced at $1, for example, will one day be worth 100K.

Yes, the investor needs to seize good opportunities because opportunities do not come every day, but I believe that luck also plays a role because hundreds of projects that appeared and seemed promising and could achieve success ended in failure and disappeared.

All the right circumstances came together to make Bitcoin a unique and successful project, and the people who had the ability to read the future are now reaping good results for making the right decision at the right time.

First, you should work on your formatting. I am guessing you used your spacebar to format this topic, I also noticed similar in your last topic but this one seems prevalent. Next time you should format it better so it is easier and engaging for one to read.

I also did this math today. But I considered the fact that you will barely see anyone who bought Bitcoin at this point and still has it intact till now (unless it is a wallet that the private key is lost but then got found recently). So think about that too.

I think that faith comes after evidence and we would never believe before there is evidence that it will be profitable.
It is the same with bitcoin because I personally would not be here with confidence without proof of the progress that bitcoin has today.
We know that this seems naive for a hodler but in the end we also think to be realistic from a commercial point of view because after all with the condition of bitcoin in the early period where the price is still very cheap I'm not sure many people think this will be valuable in the end and we know many events that occur such as when we exchange bitcoin for game vouchers and even pizza which until now we continue to commemorate it is proof that the beliefs we have are getting stronger when there is concrete evidence against bitcoin.
I confidently say bitcoin is the best thing for now but if it was in the early phase I'm also pretty sure I wouldn't say that but when its progress in the last decade continues to improve then now I'm sure of what I said that bitcoin is one of the assets that is very worthy of investment.

This is one of the driving force of some greedy and naive investors (beginners) because they heard that people profited from Bitcoin because they both it earlier, they immediately rush to acquire some shitcoins believing that it will rise and by such they will be as lucky as those who both Bitcoin in the early stage.

For some reason I question most people who wish to imagine how much some people who invested in Bitcoin at a very low price would have now in there portfolio, why do you imagine that? its such an imagination that would drive some one to do some rubbish in the crypto space later blame it on Bitcoin. if you OP and those who usually imagine this kind of thoughts where to be in the 2009s in a position to buy Bitcoin which is a paradigm, would you have bought without the current knowledge you have now about it?. that is one of the reason why i don't see myself imagining such.
Personally, if I was in the position to buy btc the. i wouldn't have bought because it's something that nobody has ever had an experience of it, and those who even took the risk maybe because they have an extra cash flow then sold after some rise thinking it would be the end but it kept performing till date.

What I'm saying in essence is "wake up from that dream mate" stop imagining things that are impossible and take the present advantage to purchase some Bitcoin into your portfolio.

In regards to the thread, we are most advised to use the abbreviation DYOR every single time we want to make decisions whether as an investor or not Do Your Own Research.

Bitcoin will not be downgraded, rather we will continue watching how the projects keep exploring in all standards. Bitcoin have veen the best projects to exists in the market, its never easy to spot out legit projects. Becoming a potent whale in the market, there are alot of things to understand and follow because bitcoin have become one of the top projects in the market. Sometimes I wonder how the space operates because only the volatility alone will discouraged the traders. We can't be all over the system because it's complex and losses are made.

At least I can speak for my friends who have started investing in Bitcoin over half a decade ago, making six-seven-figure incomes. However, I’ve also noticed that some of them couldn’t hold onto their Bitcoin, which I believe is related to the economic situation in the country at that time. Every person I know who held onto Bitcoin, even when it was challenging to believe in initially, had some extra income at their disposal today, which allowed them to retain their investment.

Now that Bitcoin is gaining more acceptance and credibility each day, people are realizing the importance of investing in it online. Previously, it was seen as a less likely choice, but people are now making more deliberate decisions to invest in Bitcoin rather than simply spending or withdrawing their investments when they need cash. For example, a friend of mine shared that he made over $5,000 in profit from his initial investment, which was less than $500. He managed to invest in the right coins alongside Bitcoin, resulting in even greater profits.

Unfortunately, even when Bitcoin became popular in my community, especially on campuses, I found it difficult to believe in and didn’t make much effort to understand the technology behind it. Then, I missed out on the opportunity to invest or learn more about Bitcoin in its early stages. But, I’ve since gained insights to Bitcoin and learned from my mistake. I’m now eager to invest as much as possible and learn more about Bitcoin.

We can just go by our research and knowledge but keep public opinion as optional because the general public will exxagerrate things be it positively or negatively like we have seen in the past if Bitcoin pump they will say Bitcoin to Mars and if it dips then the same crowd would say Bitcoin is bubble or end of Bitcoin etc. we would never earn or be in peace if we listen to public opinion and take calls based on that.

Well the statement is very true! If we keep on listening to public opinion then we would never invest into risky Ventures. Because public opinion will usually be negative for anything new in the market. That's why we always say that fortune favours the Brave! In 2009 whoever had gone against the crowd and invested in Bitcoin, are probably living their best life now.

But being aware about the market and the ability to identify red flags is what we all need to know. Too many scams out there where you can instantly lose all your savings.

Reading other people's thoughts through their writing can be an aid in using brain function with the aim of thinking about what is better for the action to be taken.
Every person who interacts as a normal human being in doing something to survive must use their brain function to achieve their goals.

If investors aim to make a profit through the investment they choose, then they must think about what they will do.
There are times when every investor needs help such as other people's ideas as material for consideration to collaborate with his thoughts in getting a profit on his investment.

If currently the price is at a price level that is far from before, then what will be done is the thought between buying or staying and holding a number of assets that you already own.
This is how investors need other people's thoughts if their thinking abilities are at a crossroads.

Yeah just like Warren Buffett said investment gains often need a decade to unfold, and Bitcoin is living proof. The fact that big players and investors are jumping into the Bitcoin scene just adds more hype. Whether you're in it for short-term gains or the long haul, one thing's clear and that is making your own decisions in the crypto game is key. The whole Bitcoin journey is a lesson in taking risks, having foresight and not giving in to the naysayers

Or maybe in our own community, we might have heard them here, Wall Observer BTC/USD - Bitcoin price movement tracking & discussion.

But I guess majority of them could have sold early though, as they don't think that Bitcoin is worth investing. And then we hear them regretting their decisions. There are old tweets about it. But that's how it is, we can't blame them as we really don't think that Bitcoin will be big as what we are. $72k and probably getting into six digits as our new all time high.

Why the crib? Yup, most of us missed the chance when Bitcoin was cheap and accessible. Yes, we might have lost a significant battle to be financially independent. That doesn't mean we cannot accomplish our goal.

There are multiple ways to start with small and be their where  anyone can have 1BTC. You can read these posts to make your mind frame hopeful that you can get to the point of having a Bitcoin.

---

[1] Investing $1 everyday in Bitcoin.
[2] A Complete Guide for Cryptocurrency Newbies "The Best Way Of DCA"
[3] How you can earn money from bitcointalk.org?

---

As I have said earlier there are multiple ways to get to the mark. What I have shared are some of them.

you know, it's easy to look back at how far Bitcoin has come and imagin the profit one could have probably made if he had investment at the time a whole Bitcoin was valued as low as $0.09.  I guess that's the beauty of time cause of some of us were aware of Bitcoin at it onset, it's very possible to look at it as a scam and unrealistic project.

It's good for an investor to think outside the box and probably look into the idea behind a particular project as well as the teams involved in the project to determine the possible worth of the project in the future but such analysis isn't always easy due to a high level of disbelief by the majority of people when the project hasn't gained popularity. What I'm saying in essence is that, we only know that Bitcoin is of this current price today because this is the reality. If we are asked to give a twenty year prediction of the possible future of Bitcoin, some of us wouldn't be able to leave our investment up till that period and lets say we are to luck up our holdings from now till the end of the next 20 years, some of is cant even try that because we cant tell what will play out from now to the next twenty years and that's obviously the reality of life.


that's the just the power of time, chances and a bit of Patience. I can bet that most of the earlier people that invested into Bitcoin didn't see this coming but probably did it because they were in the crypto ecosystem or were just fascinated about seeing an alternative to the fiat system of the past and had to subscribe to what looked as an alternative. It's great to see the value of Bitcoin gaining this big and we only hope that it gets more bullish before the end of this halving.

There is nothing wrong to believe in whatever you like but I will like to correct you that there are few old time holders of Bitcoin that still have their BTC in their wallets today, just because it's hard to do doesn't mean there are no one who can do it.

I plan to hold my BTC for so long till my old age if God blessed me with a long life and I plan to do it in a different style, I will hold, but when BTC reach new all time high I will sell my bag and wait for a bear market to buy again, I will keep rotating this because I believe that my BTC will grow higher in numbers doing this in every cycle, I've been here for long now and I understand how the market works.

You don't have to sell everything and move on with your life just because you made unexpected gains, learn to take advantage of the market cycle and it's very risky to be out of Bitcoin, price appreciation will always happen, those who sold earlier don't think about the future but the present.

I really don't understand the chart for Cumulative sum in dormant Bitcoin addresses as the sum figure is very high, about 17.92M BTC if I choose 9 years. This figure means there are only about 2M BTC in active addresses that I think is untrue.

It shows the same figure if I choose different time frame tabs.

Do you have any clarification on it?

It wouldn't hurt to take what others think into consideration. You shouldn't make your decisions base on what they think but I think it would be wise to consider what they think. Analyze it to see if they're right or wrong, don't just discard it because it's contrary to what you believe or know, because there might be the slightest possibility that they're right.

To be honest, I can't blame people that didn't see what bitcoin could become when it was worth less than a dollar. This was something new, something the world wasn't used to, something they haven't heard of before. It might even be possible that there are some early investors who didn't believe it would be this big over such a relatively short time. Bitcoin paved the way for the cryptocurrency industry. See how big the industry is today, even Satoshi, as visionary as he is, might not have seen that coming.

What I have learnt about bitcoin is that you get better at it with experience. The next halving will be my second bitcoin halving. I know so much more about bitcoin today than in 2021. This forum made that possible, but it was also because I have more experience now. Now I can comfortably make a decision on my own with seeking for the opinions of others because I understand Bitcoin better, someone who doesn't have that experience won't be able to do that.

I will tell you this there are some early investors that are still holding some of their bitcoins since that 2009 or 2010. Here is a a website that tracks dormant addresses. This addresses can either be the dormant either because the owners have lost the private keys to it or they might have time lock the addresses until a later time in future.

One thing you need to understand is some of the early investors got junks bitcoin so they might have sold off some and are riding some to maybe 6 or more price digits before they sale. Others have it as retirement savings and will not touch it till then, some as inheritance. So certainly there are bitcoin holders since from then

There is a true statement: I have a colleague in college who's the one who introduced me to crypto currency, or bitcoin. He helped me to have different jobs related to crypto currency, and as he is an early adaptor of bitcoin, he experienced the first bull run of bitcoin, meaning he had bitcoin when it started, and I'm sure until now he has bitcoin, which is from way back when he started to get into bitcoin. Why? Its because he is not the type of bitcoin investor that will think of selling bitcoin in order to have profit; he is the type of guy that has a business mindset, and instead of becoming a luxurious guy, he keeps on investing in bitcoin or any crypto currency-related things. Even though we already graduated a year ago, he is still in the bitcoin industry because he built his own company related to blockchain technology.

I am curious if there are any investors who had bought bitcoin a long time ago
meaning way back 2009 that until now is still holding.
I have a feeling that there is none (I will be glad to be corrected) because the market depends on the demand from the people which affects how an investor thinks.

I am sure that someone who had bought bitcoin let go of it the moment it took off because they were excited to probably have profit
While others probably heard that bitcoin will soon be dead and they should take
Their coins out

This is why it’s extremely important to trust yourself and not listen to others too much
At the end of the day, it’s your money and it’s your responsibility

Bold this

 A coin that was once sold at $0.09 is now $72K.

Bitcoin as a currency over the years have experienced tremendous growth in it value, scaling through different policies and trials.

 Bitcoin price as of 2009 was $0.09, imagine holding bitcoin from 2009 till date,that would have been a very huge portfolio.
         As an investor you can't afford to think how others do, or structure your investment plans on the opinion of others.
Investment as we all know is risky, because it involves financial asset.
Investment is  like planting a tree that would bear fruit forever, this same way should be the pattern investors think, future prospects...
           Reasons why an investor need to think, align and see what others don't see?
    1)  investments  decisions are not your meal plan decisions, it involves resources to be put at stake, without proper decisions those resources can sink in a second.
Most persons that is still calling bitcoin scam is as a result of wrong decisions they maid earlier.
   2)  investors, bitcoiners that bought bitcoin as of 2010 when it was just $0.30, sometime didn't expect bitcoin would worth $72K  currently.
   As Investors you need to be visualistic and optimistic, imagine what would be going through there brains now, Bitcoin has thought me what I haven’t learnt in any financial class at all.
 That's why I buy the idea of Warrent Buffet  "investment outcomes should be expected after a decade".
    3)   Bitcoin is rallying to a new ATH some have grasp the opportunity and learnt from history about what is to  come and the bright side of this decentralized currency in years to come.Some are holding for;
a) profit making in short term
b) profit making in long term run
Under which category do you fall, if we call ourselves investors then we need to make right decisions and not rest on others decision,media and firms analysis.
        Let say we have an investor who is holding bitcoin from $0.09 till now  just imagine the portfolio of that investor.
        Making right decisions and being visualistic while investing in the right asset would save any investor that what bitcoin have thought me.
    Today the bitcoin market have many big firms,investor and holders that  are expanding the ecosystem and the bitcoin network at large.
 A coin that was once sold at $0.09 is now $72K.