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Author Topic: Invest & Hodl Bitcoin!!  (Read 14768 times)

Online bounceback

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Re: Invest & Hodl Bitcoin!!
« Reply #135 on: March 20, 2024, 05:33:19 PM »
In fact, I agree that we should have a steady income in the real world so that our long-term goals are not disrupted by immediate needs. because long-term sustainability must be truly free money. Avoid FOMO, but do market research and analysis before buying coins and always bundle them together.
Really when someone has no steady income and investing in bitcoin then the investment will be a short term and it will not last because as I said before he will rely on that investment for paying of bills and other expenses therefore such investment is not a good one so the best investment is the one the investor plan for a long term investment and stay put without touching his investment for years.
Its problem why many holder prefer with short term trading and difficult to be long term holding, I think if have good financial many investors will priority with long term holding due the increasing drastically than take trading with short term as profitable earn few percent only.
Actually long term investment more profitable than short term but not opening or updating market condition every day, open each one month only and checking with bitcoin have raise how much percent profitable, take target for bitcoin price up to 100% take profit if want to be long term holding.

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Re: Invest & Hodl Bitcoin!!
« Reply #135 on: March 20, 2024, 05:33:19 PM »

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Offline IvugeoEvolutionCoin

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Re: Invest & Hodl Bitcoin!!
« Reply #136 on: March 20, 2024, 06:52:37 PM »
Its problem why many holder prefer with short term trading and difficult to be long term holding, I think if have good financial many investors will priority with long term holding due the increasing drastically than take trading with short term as profitable earn few percent only.
Actually long term investment more profitable than short term but not opening or updating market condition every day, open each one month only and checking with bitcoin have raise how much percent profitable, take target for bitcoin price up to 100% take profit if want to be long term holding.
Long-term trading clearly makes profits quickly, whereas if you do long-term trading or can be said to be an investor, there is no guarantee that you will continue to make a profit from the assets you save. Unless you have Bitcoin to save for a long time, it will give you a profit. and daily trading for Bitcoin is not very suitable because the price is too expensive so the price movement is quite slow and does not provide much profit.

Offline $crypto$

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Re: Invest & Hodl Bitcoin!!
« Reply #137 on: March 21, 2024, 04:28:20 PM »
In fact, I agree that we should have a steady income in the real world so that our long-term goals are not disrupted by immediate needs. because long-term sustainability must be truly free money. Avoid FOMO, but do market research and analysis before buying coins and always bundle them together.
Really when someone has no steady income and investing in bitcoin then the investment will be a short term and it will not last because as I said before he will rely on that investment for paying of bills and other expenses therefore such investment is not a good one so the best investment is the one the investor plan for a long term investment and stay put without touching his investment for years.
If we invest without having any income, our investment will be a mess, because we will definitely sell immediately when our money runs out because we don't have income from other jobs. Therefore, having a job or having another business is something that an investor must have.

As humans, of course we will have basic needs that must be met and money will definitely be a basic thing in our lives. So we have to ensure that our income is sufficient while investing.

Offline Uruhara

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Re: Invest & Hodl Bitcoin!!
« Reply #138 on: March 21, 2024, 04:37:55 PM »
If we invest without having any income, our investment will be a mess, because we will definitely sell immediately when our money runs out because we don't have income from other jobs. Therefore, having a job or having another business is something that an investor must have.

As humans, of course we will have basic needs that must be met and money will definitely be a basic thing in our lives. So we have to ensure that our income is sufficient while investing.
That's right and what you said are actually the basic steps or basic insights that every beginner must understand before becoming an investor. Because investment aims for the long term. So the money used must really be money that will not be used in the near future and must also be cold money. Because investing in crypto has a high level of risk which means we have to be prepared to lose. If someone forces themselves with the money they need to meet their daily needs then that is not good at all. Using this money as trading capital may be quite reasonable, but I don't think using it as investment capital is recommended.

Offline doc

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Re: Invest & Hodl Bitcoin!!
« Reply #139 on: March 21, 2024, 07:15:32 PM »
If we invest without having any income, our investment will be a mess, because we will definitely sell immediately when our money runs out because we don't have income from other jobs. Therefore, having a job or having another business is something that an investor must have.

As humans, of course we will have basic needs that must be met and money will definitely be a basic thing in our lives. So we have to ensure that our income is sufficient while investing.
That's right and what you said are actually the basic steps or basic insights that every beginner must understand before becoming an investor. Because investment aims for the long term. So the money used must really be money that will not be used in the near future and must also be cold money. Because investing in crypto has a high level of risk which means we have to be prepared to lose. If someone forces themselves with the money they need to meet their daily needs then that is not good at all. Using this money as trading capital may be quite reasonable, but I don't think using it as investment capital is recommended.

For short-term trading, we can still use money from loans or money needed in the near future, but choose coins that are safe, don't project new projects, preferably top coins. It is indeed very risky, but we can still cancel out the risk by minimizing the losses. If it's for long-term investment, I agree with you that it's better to use cold money.

Offline Agbe

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Re: Invest & Hodl Bitcoin!!
« Reply #140 on: March 21, 2024, 10:31:35 PM »
In fact, I agree that we should have a steady income in the real world so that our long-term goals are not disrupted by immediate needs. because long-term sustainability must be truly free money. Avoid FOMO, but do market research and analysis before buying coins and always bundle them together.
Really when someone has no steady income and investing in bitcoin then the investment will be a short term and it will not last because as I said before he will rely on that investment for paying of bills and other expenses therefore such investment is not a good one so the best investment is the one the investor plan for a long term investment and stay put without touching his investment for years.
If we invest without having any income, our investment will be a mess, because we will definitely sell immediately when our money runs out because we don't have income from other jobs. Therefore, having a job or having another business is something that an investor must have.

As humans, of course we will have basic needs that must be met and money will definitely be a basic thing in our lives. So we have to ensure that our income is sufficient while investing.
Exactly and you have said it all. Most people are coming to this industry are just calling the name bitcoin and Bitcoin but they don't know how to handle and keep their investment save. When the investor is doing something to assist his or her investment then the investment will even be more interesting because the profit will be increasing everytime. And as you said if your are not doing anything and only depending on the investment then you are investing ghost investment whereby at the end of the investment there is no capital and no profit. LoLz  ;) ;D such is life.

Offline TopT3ns

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Re: Invest & Hodl Bitcoin!!
« Reply #141 on: March 21, 2024, 11:21:24 PM »
For short-term trading, we can still use money from loans or money needed in the near future, but choose coins that are safe, don't project new projects, preferably top coins. It is indeed very risky, but we can still cancel out the risk by minimizing the losses. If it's for long-term investment, I agree with you that it's better to use cold money.
To be honest, with the money from loans, I don't dare to do short-term trading or long-term trading because it is very risky and can make us trapped in coin prices which can collapse at any time without our knowledge. It's best to keep using personal money from hard work so that when we are trapped in Coins will not make our lives depressed.

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Re: Invest & Hodl Bitcoin!!
« Reply #141 on: March 21, 2024, 11:21:24 PM »


Offline debra

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Re: Invest & Hodl Bitcoin!!
« Reply #142 on: March 21, 2024, 11:45:58 PM »
To be honest, with the money from loans, I don't dare to do short-term trading or long-term trading because it is very risky and can make us trapped in coin prices which can collapse at any time without our knowledge. It's best to keep using personal money from hard work so that when we are trapped in Coins will not make our lives depressed.
Just avoid to use loan money both for short term or long term holding. Although Bitcoin is a safe coin, we don't know what news to come in the future. If we have bad news, Bitcoin price will drop even if it is a safe coin. All altcoins are also influenced with the drop of Bitcoin price. This is how crypto market works, it is sometimes unpredictable. So, we must always use safe money for our capital.

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Online bitterguy28

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Re: Invest & Hodl Bitcoin!!
« Reply #143 on: March 22, 2024, 06:34:41 AM »
Hopefully, before the halving, it will reach $80k.
that is more on possible to happen mate.

we are 8k to go for that 80k and we still have  more than 1 month to expect?
I see that the current holders' desire to sell Bitcoin is quite low, because maybe they all don't want to miss the halving moment and also this 4-year bullish moment. I'm pretty confident for now that Bitcoin could break $80k by the time the halving occurs, and therefore to reach $100k, it will be at least a few months after the halving actually occurs. Here it seems like a lot of people believe the 4 year cycle is happening again and this isn't a prank (hopefully).
correct , and besides why they sell when hthey completely trusting bitcoin for even long years now and how will they decide doing that when 6 figures is very near to achieve now,
so keep holding guys.

Quote
The holding limit that I set for selling is before the new year 2025. Yes, I want to sell it maybe around Christmas for the last remaining BTC if I still have it. Until now, I choose to hold at least until the halving occurs.
isn't so late mate? because it is being mentioned by many expert that the Halving effect will timely happens in 1st quarter of 2025 si I was expecting to sell at least in second quarter.

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Re: Invest & Hodl Bitcoin!!
« Reply #144 on: March 22, 2024, 07:11:40 AM »
isn't so late mate? because it is being mentioned by many expert that the Halving effect will timely happens in 1st quarter of 2025 si I was expecting to sell at least in second quarter.

This is exactly what should happen, everyone will expect strong growth at the beginning of 2025, this year you can simply expect a roller coaster)) with strong growth and the same fall when the big players will earn money and already in 2025 everyone will earn money.
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Offline $crypto$

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Re: Invest & Hodl Bitcoin!!
« Reply #145 on: March 22, 2024, 01:41:01 PM »
If we invest without having any income, our investment will be a mess, because we will definitely sell immediately when our money runs out because we don't have income from other jobs. Therefore, having a job or having another business is something that an investor must have.

As humans, of course we will have basic needs that must be met and money will definitely be a basic thing in our lives. So we have to ensure that our income is sufficient while investing.
That's right and what you said are actually the basic steps or basic insights that every beginner must understand before becoming an investor. Because investment aims for the long term. So the money used must really be money that will not be used in the near future and must also be cold money. Because investing in crypto has a high level of risk which means we have to be prepared to lose. If someone forces themselves with the money they need to meet their daily needs then that is not good at all. Using this money as trading capital may be quite reasonable, but I don't think using it as investment capital is recommended.
Investors should have basic knowledge like this, but there are many beginners out there who hope that something will happen that will enable them to take advantage quickly, therefore they force themselves to invest the money they need in the near future.

This kind of thinking pattern must be eliminated first and we must prepare as well as possible, including preparing our finances so that we can continue to meet our needs without disrupting our investments.

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Re: Invest & Hodl Bitcoin!!
« Reply #146 on: March 22, 2024, 07:42:36 PM »

Investors should have basic knowledge like this, but there are many beginners out there who hope that something will happen that will enable them to take advantage quickly, therefore they force themselves to invest the money they need in the near future.

This kind of thinking pattern must be eliminated first and we must prepare as well as possible, including preparing our finances so that we can continue to meet our needs without disrupting our investments.

It's not easy to get rich by investing in crypto because it takes time to have the knowledge and skills to analyze the market. suggest you invest using free money, money is not needed in the near future, because coin prices can suddenly drop and we have to hold. If the money is needed for our needs, we will sell at a loss, this is not a good investment.

Offline $crypto$

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Re: Invest & Hodl Bitcoin!!
« Reply #147 on: March 23, 2024, 01:35:01 PM »

Investors should have basic knowledge like this, but there are many beginners out there who hope that something will happen that will enable them to take advantage quickly, therefore they force themselves to invest the money they need in the near future.

This kind of thinking pattern must be eliminated first and we must prepare as well as possible, including preparing our finances so that we can continue to meet our needs without disrupting our investments.

It's not easy to get rich by investing in crypto because it takes time to have the knowledge and skills to analyze the market. suggest you invest using free money, money is not needed in the near future, because coin prices can suddenly drop and we have to hold. If the money is needed for our needs, we will sell at a loss, this is not a good investment.
And I actually didn't make this investment to get rich, but rather to prepare for the future and also to make my finances more stable. To become rich by investing, it requires a lot of capital too. For those of us with capital that matches our abilities, it is not easy to achieve that.

We have to set a target, it's not a problem when we set a target of being rich, but of course we also have to understand that it won't be possible for us to get it in a very short time.

Offline legend45

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Re: Invest & Hodl Bitcoin!!
« Reply #148 on: March 23, 2024, 10:57:56 PM »

And I actually didn't make this investment to get rich, but rather to prepare for the future and also to make my finances more stable. To become rich by investing, it requires a lot of capital too. For those of us with capital that matches our abilities, it is not easy to achieve that.

We have to set a target, it's not a problem when we set a target of being rich, but of course we also have to understand that it won't be possible for us to get it in a very short time.

At least our investment makes a profit, which is a good thing. Becoming a rich investor requires large capital and also large risks. I agree with you, at least we invest to make a profit and prepare for the future.

Offline $crypto$

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Re: Invest & Hodl Bitcoin!!
« Reply #149 on: March 24, 2024, 10:06:59 AM »

And I actually didn't make this investment to get rich, but rather to prepare for the future and also to make my finances more stable. To become rich by investing, it requires a lot of capital too. For those of us with capital that matches our abilities, it is not easy to achieve that.

We have to set a target, it's not a problem when we set a target of being rich, but of course we also have to understand that it won't be possible for us to get it in a very short time.

At least our investment makes a profit, which is a good thing. Becoming a rich investor requires large capital and also large risks. I agree with you, at least we invest to make a profit and prepare for the future.
Well, that is one of our goals in investing. We hope to gain profits for something better in the future. Because if you say who wants to be rich, surely everyone will answer that they want to be rich, but it's not easy to achieve that.

When there is something that we can do and that gives us an opportunity to make a profit, then that is something we should take advantage of, and this investment is one of them. But we also definitely have to prepare everything before investing.

 

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