Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: rdluffy on November 15, 2024, 08:46:43 PM
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When I got to know Bitcoin in 2017 it was through ETH, and at first I just wanted to make some money and that would be fine
As time went by, other people's ideas and opinions, especially on forums, about BTC, left me with doubts, such as BTC being worth 1 million, BTC being used by governments, BTC being used as a hedge against inflation, or as a way for people living in countries with horrible governments
I realized that I've changed my mind a lot, and if in the beginning I just wanted to sell BTC and have more fiat money, today I can't imagine not having a good amount in BTC for the future. I would feel uncomfortable if I now sold all my satoshis and kept only fiat
What do you think? Do you have the same opinion?
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What do you think? Do you have the same opinion?
At backdating my thoughts about cryptocurrency, Bitcoin has only been what I hears from people around me and crypto currency was briefly explained to be otherwise known to be Bitcoin
I learnt about Ethereum lately after I have already defeated my doubt that Bitcoin is not a scam as was speculated and then I adopted it at last.
My only regrets would be if I am still at the class of blind doubts while I see lot of enthusiasts making good profits with their investment on Bitcoin.
But at today, I feel grateful that I am among those benefitting from the utility potentials of Bitcoin. I am proudly a bitcoineer as seemed.
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Yes of course for those that have stayed long in the Bitcoin ecosystem you will definitely have learned a lot that would make you believe more in Bitcoin and investment in general. Before now although I knew cryptocurrency to a nice extent I didn't actually seclude bitcoin that much from other cryptocurrencies as a better form of investment. In fact as at then ethereum was doing pretty good on like now which it's supply is actually affecting its price.
There are many reasons you have made me take bitcoin as a more serious cryptocurrency and investments in general. One of them is privacy another is transparency and volatility in a good form. with bitcoin investment you really don't have to worry much about sudden dips.
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What do you think? Do you have the same opinion?
My story is different. I was able to find out more about bitcoin when I knew it was money and something valuable. I knew how it is having a limited supply and how it can become scare in the future. This is the reason I hold bitcoin but not forever but I prefer to buy bitcoin during bear market and sell during bull market. But the fact still remain that bitcoin is a hedge against inflation and it is an investment.
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What do you think? Do you have the same opinion?
if my mind changed about bitcoin it is only because my confidence and belief has gotten stronger it might be difficult at times but i had learned to fully trust bitcoin and not be swayed by fud or anything like that
now i see that my decision to trust bitcoin is correct as i see it doing well year after year i am only excited for what is to come next
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My story is quite similar to yours. The difference is probably the beginning. I stumbled upon Bitcoin because I was trying to make money from online gigs. I found out about bounties, participated in one of them, and then experienced the bull season although I failed to capitalize on that opportunity. As of now, I'm trying to convert my wealth to Bitcoin slowly. I'm using it regularly to pay for cheap stuff like VPN service and so on. Most of my BTC is stored in a cold wallet though, so I do use BTC as an investment and currency.
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I actually started in Bitcoin with nothing in mind except that I need to have some BTC which I can use to enter some "get-rich-quick" or Ponzi-type programs which exploded back in 2013. Had I realized that one day Bitcoin can be as valuable today, I could have buy more and HODL like there is no forever. One thing for sure, we are just humans and there is nothing permanent but change. Over time, I realized many good things on Bitcoin but there were times when i gave up on it resulting me letting go of my small hoard of Bitcoin in exchange for some shitcoins...which actually made me so sad especially on the light of the things happening today. As to making good money from Bitcoin, I could have already been a millionaire today (using my country's standard) and be financially independent but I made mistakes and I am suffering the fallouts of those mistakes right now. Right now, I firmly believe that eventually Bitcoin can be worth a million dollar one day and we should continue to accumulate and hold them dear.
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What do you think? Do you have the same opinion?
I think it's common for most cryptocurrency investors to change their minds.
The idea that I think is better now is to go and make a big investment every bear season or continue with DCA management for long term bitcoin investment. And later, when there is a good profit or a good amount in a bad season, then you have to sell bitcoins and buy them again in the next bear season, and in the meantime, buy some other assets such as gold or lands with bitcoin sales, so that your main fund will increase. Will receive.
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When I got to know Bitcoin in 2017 it was through ETH, and at first I just wanted to make some money and that would be fine
As time went by, other people's ideas and opinions, especially on forums, about BTC, left me with doubts, such as BTC being worth 1 million, BTC being used by governments, BTC being used as a hedge against inflation, or as a way for people living in countries with horrible governments
I realized that I've changed my mind a lot, and if in the beginning I just wanted to sell BTC and have more fiat money, today I can't imagine not having a good amount in BTC for the future. I would feel uncomfortable if I now sold all my satoshis and kept only fiat
What do you think? Do you have the same opinion?
I think bitcoin changed. Back in 2017, it was much harder to buy. Much harder to find information about it.
Mainstream media barely talked about it... there was no institutional money and it was much more volatile.
Now bitcoin changed. mainstream media talks about it daily. Everyone knows what it is.
Ofc basically everyone changed their mind about it
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I totally get how you feel. At first you saw Bitcoin as way to make money but as you learned more you realized its bigger value. You heard people exciting ideas about Bitcoin future like its growing worth and widespread use and protection against financial uncertainty. Now holding Bitcoin makes you feel secure and comfortable for long term. You are not satisfied with just traditional money anymore and that is common change of heart among crypto fans. And mostly think think this after entering this crypto world.
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I think majority of us are already seeing BTC to be the top dog in crypto long time ago. There are only a few who are purely into altcoins but then also owns BTC.
Since we learn BTC is going to be ahead among all even before they 2017. Anyone who doubts will soon change their views when Trump declares BTC reserves. I'm not really sure whether it's good or not but Trump is making crypto going to the moon.
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I think bitcoin changed. Back in 2017, it was much harder to buy. Much harder to find information about it.
Mainstream media barely talked about it... there was no institutional money and it was much more volatile.
Now bitcoin changed. mainstream media talks about it daily. Everyone knows what it is.
Ofc basically everyone changed their mind about it
In 2017, at that time, I would never have imagined such strong institutional support
And what about you?
Do you plan to have BTC for your life or you're just waiting for a target price to sell and convert into fiat?
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Do you plan to have BTC for your life or you're just waiting for a target price to sell and convert into fiat?
I will probably always have at least 5-10% of my overall portfolio of bitcoin.
I am affraid that sometime in the future inflation skyrocket, even in USD.... So bitcoin might be a good diversification
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Well I also think the same, because I was once looking for an online hustle and Bitcoin came so as time passes by I realized Bitcoin would be very perfect as an asset for investment rather than a new form of moneythat is designed for payment purposes. Inflation is what makes me think Bitcoin is the best back-up asset as it cannot be affected by it.
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When I got to know Bitcoin in 2017 it was through ETH, and at first I just wanted to make some money and that would be fine
As time went by, other people's ideas and opinions, especially on forums, about BTC, left me with doubts, such as BTC being worth 1 million, BTC being used by governments, BTC being used as a hedge against inflation, or as a way for people living in countries with horrible governments
I realized that I've changed my mind a lot, and if in the beginning I just wanted to sell BTC and have more fiat money, today I can't imagine not having a good amount in BTC for the future. I would feel uncomfortable if I now sold all my satoshis and kept only fiat
What do you think? Do you have the same opinion?
TBH I also can't resist my feelings that I also don't want to sell all the BTC (satoshi actually) I have as the market is on its first peak (which I think is) and hopefully everyone booked their profits and I was also attracted by the price so I also wanted to book and after thinking a lot I also learned that I don't want to sell all of my Satoshies even if I have to wait for another cycle or then another. I only sold half BTW.
Even if I would have sold all the satoshies and now I am with some stable currency, my mind would not rest until I put that money to work. I am finding alts to invest in and still finding BTC the best option to invest in.
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What do you think? Do you have the same opinion?
Getting to know Bitcoin, I initially followed an online friend who had previously played in crypto, and he said that I could get BTC and other altcoins for free without having to buy them, where I was introduced to bounties and airdrops, but over time I understood that investing in crypto was better and more profitable than saving in a bank.
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What do you think? Do you have the same opinion?
My story is different. I was able to find out more about bitcoin when I knew it was money and something valuable. I knew how it is having a limited supply and how it can become scare in the future. This is the reason I hold bitcoin but not forever but I prefer to buy bitcoin during bear market and sell during bull market. But the fact still remain that bitcoin is a hedge against inflation and it is an investment.
Anyone who invests in Bitcoin aims to make a good profit from it even though there are many other coins in the market, the reason why everyone is attracted to Bitcoin is because it is much less risky than other coins because the whole world is now buzzing about Bitcoin. And developed countries are supporting Bitcoin so investing in Bitcoin is now becoming risk free. That's why I was afraid of Bitcoin earlier, but now I have complete confidence in Bit by bit that long-term investment here is guaranteed to profit.
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Yes and I'm glad I did.. Bitcoin was beginning to be popular forum where I am active as if everyone is joining the Bitcoin bandwagon, the price back then was moving up at a very good rate what people back then are on a buying spree, this is where I started to accumulate buying Bitcoin when it's making a dip and selling it at good price, from then I learn the basic and fundamentals of Bitcoin and other Cryptocurrency and I never look back.
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Anyone who invests in Bitcoin aims to make a good profit from it even though there are many other coins in the market, the reason why everyone is attracted to Bitcoin is because it is much less risky than other coins because the whole world is now buzzing about Bitcoin.
Exactly, dude. Everyone who invests in Bitcoin, he/she wants to get profits as many as possible.
Yes, Bitcoin is the safer than any other crypto coins. Bitcoin is the main crypto coin as well, so it will be the priority of everyone when they invest in crypto coins. It makes Bitcoin easily to have bigger market caps if we compared with other coins. So, it is true that Bitcoin isn't as risky as other coins.
And developed countries are supporting Bitcoin so investing in Bitcoin is now becoming risk free. That's why I was afraid of Bitcoin earlier, but now I have complete confidence in Bit by bit that long-term investment here is guaranteed to profit.
What you mean by risk free? I think it doesn't remove the risk on Bitcoin, Bitcoin is always a risky investment. However, it is normal, there is no investment that has no risk in this world. Sure, Bitcoin is suitable for holding a long term although we must be patient to hold it because sometimes we must deal with bad news/issues (FUDs).
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Back in around 2014, when I came to hear about Bitcoin for the first time, I thought it was some illegal stuff, the only things I knew back then was that it had price and was used in dark web for shady stuff because of it's anonymous nature.
Overtime, my opinion of it naturally changed, though I can't pinpoint what exactly made me change it.
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What do you think? Do you have the same opinion?
Getting to know Bitcoin, I initially followed an online friend who had previously played in crypto, and he said that I could get BTC and other altcoins for free without having to buy them, where I was introduced to bounties and airdrops, but over time I understood that investing in crypto was better and more profitable than saving in a bank.
Maybe you can get some altcoins by joining the bounty but it is unlikely to be much for your needs. If you try to invest your won assets then you can do that according to your desire and ability. But what happened in my case I didn't know about Bitcoin through any friends but I came to know from online platform but sadly even though I had money I didn't trust Bitcoin at that moment but with time I changed that misconception.
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Maybe you can get some altcoins by joining the bounty but it is unlikely to be much for your needs. If you try to invest your won assets then you can do that according to your desire and ability. But what happened in my case I didn't know about Bitcoin through any friends but I came to know from online platform but sadly even though I had money I didn't trust Bitcoin at that moment but with time I changed that misconception.
The journey in the crypto world often starts with a question mark, mainly when the amount of information which is available with the person is still quite limited. The natural feeling at the start is unsure of oneself, especially with new innovations such as Bitcoin or other digital assets . But as time progresses and we find ourselves surrounded by more information it is possible to replace these doubts with confidence grounded in experience and knowledge. The first step is the hardest but changing perceptions is part of the learning process anyway.
That said, for those of us who are operating from outside this ecosystem, it is never too late to look at what exists. Maybe the first time we feel like it is slow or did not have an impact as it should, it is an invitation for growth. Education must go on and it’s good to be wise in whatever we select and make use of an opportunity. We also can create a better base to stand for the opportunities of the crypto world as it is possible with time and efforts.
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When I got to know Bitcoin in 2017 it was through ETH, and at first I just wanted to make some money and that would be fine
As time went by, other people's ideas and opinions, especially on forums, about BTC, left me with doubts, such as BTC being worth 1 million, BTC being used by governments, BTC being used as a hedge against inflation, or as a way for people living in countries with horrible governments
I realized that I've changed my mind a lot, and if in the beginning I just wanted to sell BTC and have more fiat money, today I can't imagine not having a good amount in BTC for the future. I would feel uncomfortable if I now sold all my satoshis and kept only fiat
What do you think? Do you have the same opinion?
I think that you also create a correct opinion in this post. Because if we follow in cryptocurrency market,we can see that Bitcoin price is increasing rapidly in this moment. So I think that we should be changed our mind in bitcoin. In this time we also be investment in this crypto. Because we can see that bitcoin price will increase rapidly in cryptocurrency market. So I believe that if we hold or invest bitcoin it must be correct decision for us.
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When I got to know Bitcoin in 2017 it was through ETH, and at first I just wanted to make some money and that would be fine
As time went by, other people's ideas and opinions, especially on forums, about BTC, left me with doubts, such as BTC being worth 1 million, BTC being used by governments, BTC being used as a hedge against inflation, or as a way for people living in countries with horrible governments
I realized that I've changed my mind a lot, and if in the beginning I just wanted to sell BTC and have more fiat money, today I can't imagine not having a good amount in BTC for the future. I would feel uncomfortable if I now sold all my satoshis and kept only fiat
What do you think? Do you have the same opinion?
I think that you also create a correct opinion in this post. Because if we follow in cryptocurrency market,we can see that Bitcoin price is increasing rapidly in this moment. So I think that we should be changed our mind in bitcoin. In this time we also be investment in this crypto. Because we can see that bitcoin price will increase rapidly in cryptocurrency market. So I believe that if we hold or invest bitcoin it must be correct decision for us.
While observing the further growth of Bitcoin’s values., we can understand that this asset is worth investing in the long-run. But, one must not forget that such investments cannot be made purely from trends which are prevailing in the market. Returning to our example, we have to make further analysis, what determinates prices and how crypto ecosystem is evolving, so every move is grounded with information.
Investing in Bitcoin also has a bear with other financial obligations or wants that need to be met. Therefore, one can allocate some of the other assets to sectors which will capture the opportunities in Bitcoin while at the same ensuring that in the short run the money is secure. This way, we are able to preserve the sustainability of investments and, at the same time, be prepared for any latter market conditions.
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My mind about Bitcoin hasnt changed at all. When I first read about cryptocurrencies, people always wrote about how much they have earned, how they mine via cheap electricity and earn, how they participate in airdrops and bounties. Never anyone has spoken about being anonymous, making transparent yet unknown-to-unknown payment. All the time it was about money only. My first purchase of crypto was oriented on making money. Since then, nothing really changed. But I would like to add, that I dont remember that I had to to make anonymous payment. I dont remember that I had to buy something illegal or get a special service. I dont remember any case that I had to hide my expenses.
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My mind about Bitcoin hasnt changed at all. When I first read about cryptocurrencies, people always wrote about how much they have earned, how they mine via cheap electricity and earn, how they participate in airdrops and bounties. Never anyone has spoken about being anonymous, making transparent yet unknown-to-unknown payment. All the time it was about money only. My first purchase of crypto was oriented on making money. Since then, nothing really changed. But I would like to add, that I dont remember that I had to to make anonymous payment. I dont remember that I had to buy something illegal or get a special service. I dont remember any case that I had to hide my expenses.
Most of our encounters with Bitcoin start with the option of obtaining profits, but when people come to understand what the technology is all about then they change their perception. While it is a financial asset, it provides insights into the world financial systems by breaking away from geographical restrictions on transaction. Perhaps, we will never utilise this anonymity per se, yet, having it as an option increases the privacy factor’s worth. Lastly, people’s experiences determine their discrete ways of applying Bitcoin; that demonstrates the versatility of this technology.
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The environment really affects a person's mindset, that's why you have to have a good environment and have the potential to guide you for the future... I was once in your position, where when I wanted to sell BTC, there were still many people who suggested waiting for important moments ahead... some of their opinions that made sense, I used as a reference and some opinions I ignored because of their illogicality in recommending something.
Until now, I am still holding some BTC, because it is quite logical for BTC to experience a bullrun until at least the end of 2024... but I have sold some BTC, this is also thanks to some suggestions and input from friends here.
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My mind about Bitcoin hasnt changed at all. When I first read about cryptocurrencies, people always wrote about how much they have earned, how they mine via cheap electricity and earn, how they participate in airdrops and bounties. Never anyone has spoken about being anonymous, making transparent yet unknown-to-unknown payment. All the time it was about money only. My first purchase of crypto was oriented on making money. Since then, nothing really changed. But I would like to add, that I dont remember that I had to to make anonymous payment. I dont remember that I had to buy something illegal or get a special service. I dont remember any case that I had to hide my expenses.
Most of our encounters with Bitcoin start with the option of obtaining profits, but when people come to understand what the technology is all about then they change their perception. While it is a financial asset, it provides insights into the world financial systems by breaking away from geographical restrictions on transaction. Perhaps, we will never utilise this anonymity per se, yet, having it as an option increases the privacy factor’s worth. Lastly, people’s experiences determine their discrete ways of applying Bitcoin; that demonstrates the versatility of this technology.
Do people who own or trade Bitcoin today care about anonymity or technology? I think that some of they dont even know what Bitcoin is. They just see "BTC" on their screen and how its price change, and only operate with buy-sell buttons and that is it. Most people have dollar signs in their eyes when talk is about crypto or BTC. And only those who were in Bitcoin origins had global understanding about Bitcoin. I believe that only a tiny part of Bitcoin users use it for its intended purpose. Many, and majority in this topic use it only to earn, and that was their original vision on it. Which means that in general people's mind hasnt changed much.
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What do you think? Do you have the same opinion?
I have not thought not selling off my bitcoins and holder of fiat. Never. And all what I have thought was to sell small unit to buy landed properties and build Estate to do physical investment business in the urban city. Though I have seen someone that sold off all his Satoshies (bitcoin) and keep them in fiat but I see that has fear of the unknown because when I asked he told me that, he sold them because he doesn't know when the price will come down but ironically the price soar after he has sold everything.
And those who are afraid of the market price are those who are investing for short term and not not long term. But if the person is investing for long term, he will never be afraid of the market and planning to sell off his bitcoin for Fiat.
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What do you think? Do you have the same opinion?
I have not thought not selling off my bitcoins and holder of fiat. Never. And all what I have thought was to sell small unit to buy landed properties and build Estate to do physical investment business in the urban city. Though I have seen someone that sold off all his Satoshies (bitcoin) and keep them in fiat but I see that has fear of the unknown because when I asked he told me that, he sold them because he doesn't know when the price will come down but ironically the price soar after he has sold everything.
And those who are afraid of the market price are those who are investing for short term and not not long term. But if the person is investing for long term, he will never be afraid of the market and planning to sell off his bitcoin for Fiat.
I intend to sell some of my bitcoins next year during the bullish season and will hold some for the long term, maybe up to 5 years. Because maybe next year the price of bitcoin will reach a price of more than $ 100K but I will not sell all my bitcoins.
I still have a plan to hold for the long term. And that is part of my initial plan, based on analysis and seeing the development of bitcoin which is getting more expensive every day.
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I'll add a question for you guys:
If BTC is adopted as a store of value by the United States, would you change your strategy with BTC?
Instead of selling, would you be inclined to hold on to BTC for a while longer, knowing that such a move could raise the value of BTC and even create stability at a higher level?
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What do you think? Do you have the same opinion?
I started off with bitcoin with thesame mindset as yours. I just wanted to buy bitcoins, convert them to fiat once the price appreciates and get rich. Yea, i started off with the "get rich quick" mentality. But right now, I also cannot imagine converting all my bitcoins to fiat. The principles of financial freedom and decentralization makes sense to me more now. Converting everything to fiat will be taking me back to the traditional system, keeping me stuck there.
I'll add a question for you guys:
If BTC is adopted as a store of value by the United States, would you change your strategy with BTC?
Instead of selling, would you be inclined to hold on to BTC for a while longer, knowing that such a move could raise the value of BTC and even create stability at a higher level?
To be honest, with this scenario, I would hodl unto my bitcoin.
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Initially, that’s how I felt as well. I am happy that I am not the only one.
Anyway, I think it depends on what you’re doing with the money you have converted with Bitcoin because if you trade it, for example, you could profit from it and then buy more. So, if you are waiting and not doing anything, I believe holding Bitcoin would be the best option.
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Not a single person here said that he has used bitcoin for anonymous transaction, nor that he wants to encrypted transaction, or said anything about staying in shadow. Everyone are twisted on earning, investment and getting rich easy. Nearly no one is interested in technology. Dont you find it sad? That people invented something, which ended simply in another money making process.
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I'll add a question for you guys:
If BTC is adopted as a store of value by the United States, would you change your strategy with BTC?
Instead of selling, would you be inclined to hold on to BTC for a while longer, knowing that such a move could raise the value of BTC and even create stability at a higher level?
Though I've already made a lot of profits with the recent surge in the price of Bitcoin but if for any reason the United States decides to adopt Bitcoin as a store of value, I'l prefer holding on to what I have already because I know the price will definitely pump up than what we currently have.
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If BTC is adopted as a store of value by the United States,
Please I missed understand your question, can you rephrase it because bitcoin is already a store of value in all nations and it only foe them to adopt it. There are participants in the two forum that were in bitcoin investment for a very long time and today their investment has turn to millions and trillions and that is the store of value I know so I don't know if there is another specific store of value US has to do before indigenes there can invest in it. Now if I really understand bitcoin, it was created as to buy and sell things online which is the main p2p of transaction but along the line, people kept bitcoin in their wallets and it appreciated in values so the store if value became an existing protocol in the network.
So we are all waiting for US to adopt bitcoin as a legal tender which will make the price rise up again. Please if am wrong correct me. We learn everyday.
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I'll add a question for you guys:
If BTC is adopted as a store of value by the United States, would you change your strategy with BTC?
Instead of selling, would you be inclined to hold on to BTC for a while longer, knowing that such a move could raise the value of BTC and even create stability at a higher level?
Though I've already made a lot of profits with the recent surge in the price of Bitcoin but if for any reason the United States decides to adopt Bitcoin as a store of value, I'l prefer holding on to what I have already because I know the price will definitely pump up than what we currently have.
People do decide on how they would really be managing out their Bitcoin holdings or other coins as well, there would really be those individuals who would really be trying out to deal up with
holding and there are ones who do really tend to make out those short trading or active dealing on the market movement or volatility. There would really be those people who
would really be loving on taking up the risks on acquiring that possibility that they can make money or profits, but there would be those people who would really be just that deciding
that they do simply hold and wont be dealing up with something that they cant be able to handle it out.
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Initially, that’s how I felt as well. I am happy that I am not the only one.
Anyway, I think it depends on what you’re doing with the money you have converted with Bitcoin because if you trade it, for example, you could profit from it and then buy more. So, if you are waiting and not doing anything, I believe holding Bitcoin would be the best option.
Trading with bitcoin or just holding bitcoin both can benefit from the increase in bitcoin price. Most of my bitcoins I hold and some I trade with other potential altcoins. I do both because I think holding is a safe way and I take risks by trading to take bigger profits. The bigger the risk, the bigger our chances of getting profit. but I always take risks measured and not carelessly.
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Trading with bitcoin or just holding bitcoin both can benefit from the increase in bitcoin price. Most of my bitcoins I hold and some I trade with other potential altcoins. I do both because I think holding is a safe way and I take risks by trading to take bigger profits. The bigger the risk, the bigger our chances of getting profit. but I always take risks measured and not carelessly.
You use both methods i.e. trading and at the same time hold, when the price starts to go high and touches the top resistance then you will sell some to take more profit and when the price starts to fall back to the bottom price or at the strongest support you start buying back.
This can be called swing trading, as you take advantage of each price swing to enter and exit with accumulated profits and assets that keep growing.
I also often do it for the same coin like bitcoin and for other coins it will probably adjust to the crypto market conditions at the time.
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When I got to know Bitcoin in 2017 it was through ETH, and at first I just wanted to make some money and that would be fine
As time went by, other people's ideas and opinions, especially on forums, about BTC, left me with doubts, such as BTC being worth 1 million, BTC being used by governments, BTC being used as a hedge against inflation, or as a way for people living in countries with horrible governments
I realized that I've changed my mind a lot, and if in the beginning I just wanted to sell BTC and have more fiat money, today I can't imagine not having a good amount in BTC for the future. I would feel uncomfortable if I now sold all my satoshis and kept only fiat
What do you think? Do you have the same opinion?
I think we pretty much fall in the same category bud, I discovered about bitcoin way back late 2015 and it was after being scammed through mmm (a very popular ponzi scheme at that time), I would go into that story of how I came to the knowledge of bitcoin since that is a really long story, but let me say that just like you, I came for nothing else but for the money, i came into crypto to gather as much bitcoin as possible and sell it for fiat, but overtime, this very mindset have changed completely, seeing how much bitcoin has grown and how much value our local fiat currency have lost, I need no soothsayer to tell me that Bitcoin is indeed a good hedge against fiat currency.
Today, I try the best I could to keep less fiat currency while I try to keep more bitcoin, only selling a very insignificant potion of my bitcoin to convert to fiat anytime I need it for day to day expenditures.
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I cant change my mind towards bitcoin for any reason, not even when other altcoins are fast rising and bitcoin is on dip, because what i will later discover is that there is only one confidence and reliability in bitcoin than other coins when we invest in them, bitcoin will never fail while any other altcoin can come up in a very funny and surprising formats, we should know this in addition.
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I cant change my mind towards bitcoin for any reason, not even when other altcoins are fast rising and bitcoin is on dip, because what i will later discover is that there is only one confidence and reliability in bitcoin than other coins when we invest in them, bitcoin will never fail while any other altcoin can come up in a very funny and surprising formats, we should know this in addition.
If you want to be safe in investing in crypto, bitcoin is the most appropriate choice. because bitcoin has a low risk level if you buy when the price is still low during the bearish season and hold it until the bullish season of course we will get profit.
While altcoins are riskier, that's why many people prefer the top altcoins as their preferred coins because the risk is lower and has quite high popularity.
there are many potential altcoins that we can buy such as ethereum, solana, BN, XRP and maybe TON can also be one of the potential coins of choice.
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I realized that I've changed my mind a lot, and if in the beginning I just wanted to sell BTC and have more fiat money, today I can't imagine not having a good amount in BTC for the future. I would feel uncomfortable if I now sold all my satoshis and kept only fiat
What do you think? Do you have the same opinion?
It seems like this also happened to me, but what is suspicious is whether this could be the beginning of greed? Actually selling at $80k was my goal, but it turned out that I didn't want to miss the moment when BTC touched $100k and it made me like someone who had forgotten my initial goal, meaning I changed my mind too... this is like greed in my opinion, but at least I have to be able to control this bad trait.
It feels empty if I don't have BTC, so selling my last BTC was a decision that turned out to be quite difficult and I haven't been able to execute it until now.
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Even if I would have sold all the satoshies and now I am with some stable currency, my mind would not rest until I put that money to work. I am finding alts to invest in and still finding BTC the best option to invest in.
You said it well my friend, the best option for investment will always be BTC, for those who want to diversify I recommend bitcoin, of course apart from that you can invest in other alts that have their good risk but are very acceptable, that depends on the way of being of each person, I personally have a lot of confidence in btc, in what it can achieve and in what it can convert this December, we are not in December yet, but I think this December will be very green, so Christmas will not be red but green and if the alt season comes it will probably be green.
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It seems like this also happened to me, but what is suspicious is whether this could be the beginning of greed? Actually selling at $80k was my goal, but it turned out that I didn't want to miss the moment when BTC touched $100k and it made me like someone who had forgotten my initial goal, meaning I changed my mind too... this is like greed in my opinion, but at least I have to be able to control this bad trait.
It feels empty if I don't have BTC, so selling my last BTC was a decision that turned out to be quite difficult and I haven't been able to execute it until now.
This is completely normal hehehe, when you see a coin rising in value, it's hard to sell, I know that feeling
I'm glad you didn't sell because right now in 98k is a great rise on your satoshis
I struggle to sell any coin because somehow I think there's no better opportunities right now outside cryptos, but talking about BTC I feel extremely important to have some satoshis during my life, for hold more than 5 or 10 years for example
Looks like BTC is turning into a good protection against inflation and other problems
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You said it well my friend, the best option for investment will always be BTC, for those who want to diversify I recommend bitcoin, of course apart from that you can invest in other alts that have their good risk but are very acceptable, that depends on the way of being of each person, I personally have a lot of confidence in btc, in what it can achieve and in what it can convert this December, we are not in December yet, but I think this December will be very green, so Christmas will not be red but green and if the alt season comes it will probably be green.
Alts are already pumping and these are some mid cap to large cap alts still the pump in low cap alts is not shown means it will happen soon but yeah BTC is the best investment but currently, BTC is not a good investment for short trades as it won't give %30 or %50 profit from CMP.
Therefore once this logic will be developed in most of the crypto community the funds will be traded from BTC to alts and that's what I am waiting for, I hope to get some good entries in alts and want to trade short term but waiting for an entry is more brutal then waiting to book profit hehe.
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The environment really affects a person's mindset, that's why you have to have a good environment and have the potential to guide you for the future... I was once in your position, where when I wanted to sell BTC, there were still many people who suggested waiting for important moments ahead... some of their opinions that made sense, I used as a reference and some opinions I ignored because of their illogicality in recommending something.
Until now, I am still holding some BTC, because it is quite logical for BTC to experience a bullrun until at least the end of 2024... but I have sold some BTC, this is also thanks to some suggestions and input from friends here.
The environment you live in and the circle of friends you have can affect your mindset. I kinda agree with you on that because the kind of information and knowledge I have today, are mostly gotten due to the circle of friends I have and the environment I live in. If not, I know that I will be empty of certain information and knowledge that would have helped me in financial growth and otherwise. That's why it's very necessary for everyone to be mindful of the circle of friends they keep and the environment they live in because that will define the growth they will have in the future.
Many of us here have made some good friends who advise and lecture us about crypto and how to be successful in it. Thanks to this forum anyway, who have given us the opportunity to meet good friends who are part of our success stories in Bitcoin investment
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You said it well my friend, the best option for investment will always be BTC, for those who want to diversify I recommend bitcoin, of course apart from that you can invest in other alts that have their good risk but are very acceptable, that depends on the way of being of each person, I personally have a lot of confidence in btc, in what it can achieve and in what it can convert this December, we are not in December yet, but I think this December will be very green, so Christmas will not be red but green and if the alt season comes it will probably be green.
Alts are already pumping and these are some mid cap to large cap alts still the pump in low cap alts is not shown means it will happen soon but yeah BTC is the best investment but currently, BTC is not a good investment for short trades as it won't give %30 or %50 profit from CMP.
Therefore once this logic will be developed in most of the crypto community the funds will be traded from BTC to alts and that's what I am waiting for, I hope to get some good entries in alts and want to trade short term but waiting for an entry is more brutal then waiting to book profit hehe.
You are ultimately right, bitcoin is indeed the best investment asset in crypto in terms of trust, guarantee and safety of invested funds, but how ever, it is not currently the best in terms of potential profit, there are alot of Altcoins that will do more Xs than bitcoin has done ever since the bull run began, but then, the only thing is that it's not only hard to make the right choice when looking for that Altcoin that will 1000x or more, but also very risky since there are really no guarantees.
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You said it well my friend, the best option for investment will always be BTC, for those who want to diversify I recommend bitcoin, of course apart from that you can invest in other alts that have their good risk but are very acceptable, that depends on the way of being of each person, I personally have a lot of confidence in btc, in what it can achieve and in what it can convert this December, we are not in December yet, but I think this December will be very green, so Christmas will not be red but green and if the alt season comes it will probably be green.
Alts are already pumping and these are some mid cap to large cap alts still the pump in low cap alts is not shown means it will happen soon but yeah BTC is the best investment but currently, BTC is not a good investment for short trades as it won't give %30 or %50 profit from CMP.
Therefore once this logic will be developed in most of the crypto community the funds will be traded from BTC to alts and that's what I am waiting for, I hope to get some good entries in alts and want to trade short term but waiting for an entry is more brutal then waiting to book profit hehe.
You are ultimately right, bitcoin is indeed the best investment asset in crypto in terms of trust, guarantee and safety of invested funds, but how ever, it is not currently the best in terms of potential profit, there are alot of Altcoins that will do more Xs than bitcoin has done ever since the bull run began, but then, the only thing is that it's not only hard to make the right choice when looking for that Altcoin that will 1000x or more, but also very risky since there are really no guarantees.
In a bull market, there is a possibility that any of the altcoins will be 100x, 200x or more, which is much more than Bitcoin, but if we are going to get that bull market, then the price of Bitcoin must increase first. That is, first the bull market of Bitcoin is likely, then the bull market of altcoins will begin. Again, when the market is bearish, the price of all those altcoins will decrease in the same way, but there is no possibility of that happening in the case of Bitcoin. If Bitcoin loses a little price, then a large value of altcoins decreases. That is, Bitcoin is the best in terms of investment and there is no alternative of it.
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In a bull market, there is a possibility that any of the altcoins will be 100x, 200x or more, which is much more than Bitcoin, but if we are going to get that bull market, then the price of Bitcoin must increase first. That is, first the bull market of Bitcoin is likely, then the bull market of altcoins will begin. Again, when the market is bearish, the price of all those altcoins will decrease in the same way, but there is no possibility of that happening in the case of Bitcoin. If Bitcoin loses a little price, then a large value of altcoins decreases. That is, Bitcoin is the best in terms of investment and there is no alternative of it.
We are all waiting for the bull market, because the current bitcoin price has reached ATH and some altcoins have also increased in price. As you said, bitcoin will go up first and then altcoins will follow, but at this time altcoins are increasing but cannot follow the increase in altcoins. some people say altcoin season has not arrived yet, so we should wait if we want to sell our altcoins.
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We are all waiting for the bull market, because the current bitcoin price has reached ATH and some altcoins have also increased in price. As you said, bitcoin will go up first and then altcoins will follow, but at this time altcoins are increasing but cannot follow the increase in altcoins. some people say altcoin season has not arrived yet, so we should wait if we want to sell our altcoins.
For the onset of the altcoin season, it is necessary that the dominance of Bitcoin begins to decline. It is the dominance that should decrease, and not just a decrease in the price of BTC, otherwise the price of altcoins will also decrease. In simple terms, it is necessary that investors sell BTC, and use the money they receive to buy altcoins.
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We are all waiting for the bull market, because the current bitcoin price has reached ATH and some altcoins have also increased in price. As you said, bitcoin will go up first and then altcoins will follow, but at this time altcoins are increasing but cannot follow the increase in altcoins. some people say altcoin season has not arrived yet, so we should wait if we want to sell our altcoins.
What kind of bull market are you waiting for? I think we are already in big bull market. :-\
Bitcoin has made some ATH in this month, no doubt this is a clear sign of bullrun season. If you refer to altcoins season, I think it will begin soon. Now, the price of Bitcoin looks a bit stable, it is not increasing fast again. So, you must keep holding your altcoins, don't sell now. You need to wait for the real altcoins season to sell your altcoins. But it depends on your target, sometimes people don't fully rely on altcoins season.
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We are all waiting for the bull market, because the current bitcoin price has reached ATH and some altcoins have also increased in price. As you said, bitcoin will go up first and then altcoins will follow, but at this time altcoins are increasing but cannot follow the increase in altcoins. some people say altcoin season has not arrived yet, so we should wait if we want to sell our altcoins.
As always, movements in crypto market conditions often cannot be fully predicted. The most obvious to focus on when Bitcoin peaked is its effect on altcoins. But not every alt coin will heed the trend all at once. This is just part of the market and how the cycles each asset takes is different. This is why keeping with patience during a transition period, and especially this one, is extremely important.
In the current circumstance, we can elect to remain emollient when reviewing our assets better. In that case, one should think of the long term potential of a certain altcoin before making a decision, if it hasn't shown strong increases. Real altcoin season is often a great time, but we don't know when it happens. If Bitcoin can’t stablize at a high number, then you probably won’t have the altcoin season you’ve been waiting for.
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When I got to know Bitcoin in 2017 it was through ETH, and at first I just wanted to make some money and that would be fine
As time went by, other people's ideas and opinions, especially on forums, about BTC, left me with doubts, such as BTC being worth 1 million, BTC being used by governments, BTC being used as a hedge against inflation, or as a way for people living in countries with horrible governments
I realized that I've changed my mind a lot, and if in the beginning I just wanted to sell BTC and have more fiat money, today I can't imagine not having a good amount in BTC for the future. I would feel uncomfortable if I now sold all my satoshis and kept only fiat
What do you think? Do you have the same opinion?
Into those years when we are still that a newbie then the main thing that comes up into our mind is on earning Bitcoin and other crypto and in exchange for fiat on the moment that we do get a hold of it. We dont really mind or think off when it comes on holding up for long term not until into the time or moment that Bitcoin or crypto did make a huge step up when it comes into its value or price on which it do give out that kind of regret feeling on the moment that we've been known that we had earned much back into those past years on the moment that we have started.
There's really that sense of regret on the moment that we've seen trying to look back in the past.
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What kind of bull market are you waiting for? I think we are already in big bull market. :-\
Bitcoin has made some ATH in this month, no doubt this is a clear sign of bullrun season. If you refer to altcoins season, I think it will begin soon. Now, the price of Bitcoin looks a bit stable, it is not increasing fast again. So, you must keep holding your altcoins, don't sell now. You need to wait for the real altcoins season to sell your altcoins. But it depends on your target, sometimes people don't fully rely on altcoins season.
Indeed, The current market season holds many opportunities to perform both the preservation and enhancement of existing asset values. Since there are no sharp movements in price, it is high time to cheque the strategies and define which outcomes are expected. Holding assets to the next higher favourable grounds if we are optimistic with the potentials of a certain altcoin is a wise option to consider. However, every decision must still be based on individual KPIs and elaborated reasoning because people’s requirements and objectives regarding using cryptocurrencies are unique.
Into those years when we are still that a newbie then the main thing that comes up into our mind is on earning Bitcoin and other crypto and in exchange for fiat on the moment that we do get a hold of it. We dont really mind or think off when it comes on holding up for long term not until into the time or moment that Bitcoin or crypto did make a huge step up when it comes into its value or price on which it do give out that kind of regret feeling on the moment that we've been known that we had earned much back into those past years on the moment that we have started.
There's really that sense of regret on the moment that we've seen trying to look back in the past.
Any crypto investment process has informative us to new ways of decision-making and consequences. In the past, we had a possible tendency to think that we sold too early or too early or failed to try at some amazing investments, but all such things are a part of getting knowledge. Where it counts is in shaping a new strategy that shows us how to apply knowledge in a stronger way to better mobilise ourselves for action and seize new opportunities in the future.
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We are all waiting for the bull market, because the current bitcoin price has reached ATH and some altcoins have also increased in price. As you said, bitcoin will go up first and then altcoins will follow, but at this time altcoins are increasing but cannot follow the increase in altcoins. some people say altcoin season has not arrived yet, so we should wait if we want to sell our altcoins.
Hehehe to me we are already in the middle of a bull market
BTC reached ATH, SOL too, lots of altcoins rising, memecoins, people doing crazy stuff to get money, lots of airdrops
And the main factor, big companies are buying BTC with ETFs, directly or MSTR bonds...
This is my opinion, but I see some influencers saying we are entering into the bull market right now until mid 2025...
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Alts are already pumping and these are some mid cap to large cap alts still the pump in low cap alts is not shown means it will happen soon but yeah BTC is the best investment but currently, BTC is not a good investment for short trades as it won't give %30 or %50 profit from CMP.
Therefore once this logic will be developed in most of the crypto community the funds will be traded from BTC to alts and that's what I am waiting for, I hope to get some good entries in alts and want to trade short term but waiting for an entry is more brutal then waiting to book profit hehe.
Well, not only have I read it from you, I have also seen it in other publications here and on bitcointalk, although you have to be careful, for now the btc is at a great price and it is true that in corrections it is the best time to buy if only when you have confirmation that the price will continue to rise, but it is difficult for many to put the investment there, for example, it happened to me that at one point I did that and it went the opposite way and I entered at a bad moment where I lost, that is why for me it is difficult to be able to enter to invest in alts.
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When I got to know Bitcoin in 2017 it was through ETH, and at first I just wanted to make some money and that would be fine
As time went by, other people's ideas and opinions, especially on forums, about BTC, left me with doubts, such as BTC being worth 1 million, BTC being used by governments, BTC being used as a hedge against inflation, or as a way for people living in countries with horrible governments
I realized that I've changed my mind a lot, and if in the beginning I just wanted to sell BTC and have more fiat money, today I can't imagine not having a good amount in BTC for the future. I would feel uncomfortable if I now sold all my satoshis and kept only fiat
What do you think? Do you have the same opinion?
I first heard about BTC in 2017 when people were talking about Lending, Bitconnect, and ICOs. To me back then, BTC was an old and technologically outdated crypto with no future. I thought its mission was over and we should only focus on newer, more valuable altcoins.
Now, my perspective on BTC has completely changed: BTC is digital gold, the crypto king, and the most unique asset humanity has ever encountered. It's all thanks to BTC's enduring existence over time, widespread acceptance, and sustained price increases. I think my view of BTC will continue to evolve as BTC takes on more roles in the global financial system.
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You are ultimately right, bitcoin is indeed the best investment asset in crypto in terms of trust, guarantee and safety of invested funds, but how ever, it is not currently the best in terms of potential profit, there are alot of Altcoins that will do more Xs than bitcoin has done ever since the bull run began, but then, the only thing is that it's not only hard to make the right choice when looking for that Altcoin that will 1000x or more, but also very risky since there are really no guarantees.
That's right bro, and don't believe there are people who have something, I don't know if it's a gift but they know when they should buy the alts to win, I don't Know if they take the Pump time and make a prediction based on times, but they are very good at doing it , however it's sad because as they know they don't share it and I have friends who are specialists in that, but they are friends to go out and have a beer, but to help they are not , they are selfish, and the little that I have been Able to investigate about them is that they use many Tools , moving averages , fibonacci , and I don't know how they do to combine all that and give a good verdict to bet on, they also read the volume well , they are very bold in that.
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I first heard about BTC in 2017 when people were talking about Lending, Bitconnect, and ICOs. To me back then, BTC was an old and technologically outdated crypto with no future. I thought its mission was over and we should only focus on newer, more valuable altcoins.
Now, my perspective on BTC has completely changed: BTC is digital gold, the crypto king, and the most unique asset humanity has ever encountered. It's all thanks to BTC's enduring existence over time, widespread acceptance, and sustained price increases. I think my view of BTC will continue to evolve as BTC takes on more roles in the global financial system.
It's interesting to read your post, you already knew BTC in comparison with other coins that were faster, or with new technology, and that's why you may have “despised” BTC a bit, but then recognized it hahaha
Very nice
I found about BTC because I first got to know ETH and mining when I needed to buy a GPU and the opportunity to mine came up
But at the time I didn't have the broader view of BTC that I have today, I thought it was just another crypto like the others.
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In a bull market, there is a possibility that any of the altcoins will be 100x, 200x or more, which is much more than Bitcoin, but if we are going to get that bull market, then the price of Bitcoin must increase first. That is, first the bull market of Bitcoin is likely, then the bull market of altcoins will begin. Again, when the market is bearish, the price of all those altcoins will decrease in the same way, but there is no possibility of that happening in the case of Bitcoin. If Bitcoin loses a little price, then a large value of altcoins decreases. That is, Bitcoin is the best in terms of investment and there is no alternative of it.
It is very real if we go to security, to what we should really invest in, the bad thing is that investing in bitcoin at this time is difficult, especially when the person does not have much money, for that reason is that many look for the alts because if one of the alts manages to burst, with that money they buy btc And that's not bad, there are many who made a lot of money in 2017 that way, of course, at that time they did it because they participated in airdrops, ICO projects, and well, they made a lot of money, but now currently you have to invest, it is more difficult, riskier, however it is the only way that I have seen so far.
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When I got to know Bitcoin in 2017 it was through ETH, and at first I just wanted to make some money and that would be fine
As time went by, other people's ideas and opinions, especially on forums, about BTC, left me with doubts, such as BTC being worth 1 million, BTC being used by governments, BTC being used as a hedge against inflation, or as a way for people living in countries with horrible governments
I realized that I've changed my mind a lot, and if in the beginning I just wanted to sell BTC and have more fiat money, today I can't imagine not having a good amount in BTC for the future. I would feel uncomfortable if I now sold all my satoshis and kept only fiat
What do you think? Do you have the same opinion?
I see and perceive it more as an investment than any other thing. It may has its own purpose which was the main aim of it being invented, no doubt that purpose still holds and much respected for that. The fact still remains that a lot of people are into it today because of the investment opportunity it gives to people and the early adopters of it are the ones benefiting big from it now. The laters are purely into it for business reasons, buying during bearish circle and selling them off at bull run. This is how some people see it and will continue to trade it like this forever and not bother of holding them for the future. People have conviction on it to do much better in the future, but will not want to risk too much by holding them. They buy and sell again, that’s how they’re decided to be a part of the bitcoin ecosystem forever.
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So far, never.
So far, my belief in Bitcoin is still the same, even stronger to continue to be loyal to Bitcoin and still patiently wait for BTC to pass the $100k price, because we certainly have certain targets when investing, we want to achieve some targets, so that at least we already have an idea to prepare for the exit at what number if we look at the current market. .
It is very real if we go to security, to what we should really invest in, the bad thing is that investing in bitcoin at this time is difficult, especially when the person does not have much money, for that reason is that many look for the alts because if one of the alts manages to burst, with that money they buy btc
The opportunity to buy and invest in Bitcoin is actually available to everyone. However, not everyone wants to take the risk and chooses to avoid or not want to know anything about Bitcoin. And for those of us who have the opportunity in the crypto world and know Bitcoin further, then we will become individuals who are more prepared with the existing market and make us much more enthusiastic to invest in BTC. Because, BTC is surely, promising and potential for both short-term and long-term investment. Therefore, if we accumulate BTC from a low price, then patiently hold them, it will be a successful investment until now or in the future.
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If am change my mind towards Bitcoin, then it's for good, there is more to always get used to concerning Bitcoin and we can see this from the way of our expectations towards learning about bitcoin each time, except for a mind not made up already concerning bitcoin adoption can turned against it for any reason, not even when the media is not being positive about it, once in support for it, will always be in for bitcoin always because of all it's made of.
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If am change my mind towards Bitcoin, then it's for good, there is more to always get used to concerning Bitcoin and we can see this from the way of our expectations towards learning about bitcoin each time, except for a mind not made up already concerning bitcoin adoption can turned against it for any reason, not even when the media is not being positive about it, once in support for it, will always be in for bitcoin always because of all it's made of.
I will not change my mind about bitcoin because I learned from past experiences when bitcoin was first launched I had doubts about the bitcoin project. but it turned out that my doubts were wrong because bitcoin is getting more popular and more expensive. and for now I still have faith that bitcoin will have a bright future, and it has not crossed my mind to change that belief.
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I will not change my mind about bitcoin because I learned from past experiences when bitcoin was first launched I had doubts about the bitcoin project. but it turned out that my doubts were wrong because bitcoin is getting more popular and more expensive. and for now I still have faith that bitcoin will have a bright future, and it has not crossed my mind to change that belief.
I am also a bit confused about what I should change regarding Bitcoin. Hmm, maybe at the beginning in the crypto world, I just thought that ah how could I possibly be a Bitcoin investor, but over time I changed my mind on it and started to invest little by little here. Maybe this is just my change but there is no change in mind to Bitcoin, Bitcoin is still Bitcoin that is that valuable to me, even in bearish or transitional or bullish times, Bitcoin is still Bitcoin.
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If am change my mind towards Bitcoin, then it's for good, there is more to always get used to concerning Bitcoin and we can see this from the way of our expectations towards learning about bitcoin each time, except for a mind not made up already concerning bitcoin adoption can turned against it for any reason, not even when the media is not being positive about it, once in support for it, will always be in for bitcoin always because of all it's made of.
I will not change my mind about bitcoin because I learned from past experiences when bitcoin was first launched I had doubts about the bitcoin project. but it turned out that my doubts were wrong because bitcoin is getting more popular and more expensive. and for now I still have faith that bitcoin will have a bright future, and it has not crossed my mind to change that belief.
Trust in the bitcoin based on experience reveals the extent to which the development of this technology has influenced confidence. Looking at how bitcoin is still building up to become the digital currency that people cherish everywhere, it would be easier to grasp that bitcoin ongoing capacity is still undefined. Such kind of belief also encourages many people to keep on funding the blockchain technology on which bitcoin is based. We can ensure our further positive contribution to the already growing advanced crypto ecosystem, thanks to the maintenance of the development’s pace and the use of existing opportunities.
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Well for me first head about Bitcoin from, friends in 2016 did not act on it not until I missed the first Bullrun, I saw it full potential so I decided to do more research and here I am trying to accumulate up to 1BTC, it a process and that time will come when government will use it
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Well for me first head about Bitcoin from, friends in 2016 did not act on it not until I missed the first Bullrun, I saw it full potential so I decided to do more research and here I am trying to accumulate up to 1BTC, it a process and that time will come when government will use it
Well yeah, same here mate though I am struggling to get atleast one whole Bitcoin and I really have a hard time due to priorities as I don't have stable job right now. Hopefully when I make profits with my Altcoins I will probably convert it like maybe 50% into Bitcoin long term investments because I don't wanna miss any bullrun anymore. Price is getting higher now so yeah it's really a challenge to save or accumulate 1 BTC.
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When I got to know Bitcoin in 2017 it was through ETH, and at first I just wanted to make some money and that would be fine
As time went by, other people's ideas and opinions, especially on forums, about BTC, left me with doubts, such as BTC being worth 1 million, BTC being used by governments, BTC being used as a hedge against inflation, or as a way for people living in countries with horrible governments
I realized that I've changed my mind a lot, and if in the beginning I just wanted to sell BTC and have more fiat money, today I can't imagine not having a good amount in BTC for the future. I would feel uncomfortable if I now sold all my satoshis and kept only fiat
What do you think? Do you have the same opinion?
Just like almost everybody else,i learnt about bitcoin while it was nothing close to it reaching it's peak.I guess alot of people saw it as a scam or something similar to it statong that profit couldn't podsibly be analysed seeing that bitcoin was basically the first cryptocurrency ever established. This was my persona or idea about bitcoin while it was still at the ground level and like alot of people,i didn't really believe bitcoin could reach this level is it now.
If i could go a few years back,sincerely,i wouldn't believe i am now investing in this particular investment i shuffled and doubted few years back,buh i huess we all make mistakes right?
So yes,i have changed my mind greatly about BTC over time,alot.
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I don't think I've seen someone who has been into bitcoin and later changes his mind away form the use of bitcoin, but instead, i have seen so many others, who cannot even accept the existence of bitcoin as at then, but now have changed for good after being enlightened about what bitcoin is, this also means, that in some situation, we only react to them without having deeper considerations over them before we make choices.
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I don't think I've seen someone who has been into bitcoin and later changes his mind away form the use of bitcoin, but instead, i have seen so many others, who cannot even accept the existence of bitcoin as at then, but now have changed for good after being enlightened about what bitcoin is, this also means, that in some situation, we only react to them without having deeper considerations over them before we make choices.
This is an indication that perception is partly defined by the ability to understand as well as experience for this has shifted significantly within a week The truth of the matter is that most of attitudes are general impressions that can be influenced by a host of factors including perception. As soon as we have a chance to read more and find out how it feels like being a beneficiary of new thing such as this valuable technology, we transform from being sceptical to being very convinced. This means that should not judge something without we gather sufficient information to base our judgment on. It simply means if we are willing to learn, our decision making process becomes better and we see things we perhaps did not see before.
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I don't want to believe in any theory or assumptions about the way others feels about their own personal narratives, this will make the way we have an understanding toward bitcoin remain more stronger in the same way helps others have likes minds of a positive thinking towards the present and future expectations with bitcoin, i can't change my mind if the bitcoin network never changes.
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When I got to know Bitcoin in 2017 it was through ETH, and at first I just wanted to make some money and that would be fine
As time went by, other people's ideas and opinions, especially on forums, about BTC, left me with doubts, such as BTC being worth 1 million, BTC being used by governments, BTC being used as a hedge against inflation, or as a way for people living in countries with horrible governments
I realized that I've changed my mind a lot, and if in the beginning I just wanted to sell BTC and have more fiat money, today I can't imagine not having a good amount in BTC for the future. I would feel uncomfortable if I now sold all my satoshis and kept only fiat
What do you think? Do you have the same opinion?
I learned about BTC in 2012 but unfortunately, I read too many ECB reports and thought that BTC had no future because it would be destroyed by governments. I only officially joined the market in 2017 during the ICO wave and at that time I believed that BTC was outdated and that stronger new projects would replace it in the technological and financial revolution.
In 2021, I viewed BTC as a store of value, not as a currency for everyday payments. Additionally, it is also an important part of the entire crypto market, helping the market develop safely based on the increasing level of acceptance of BTC.
Currently, I believe that BTC is an essential part of the global economy, and every country should own BTC for their future. However, as an investor, I will still decisively sell my BTC at the peak as soon as negative signals appear on the price chart ^^
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I don't want to believe in any theory or assumptions about the way others feels about their own personal narratives, this will make the way we have an understanding toward bitcoin remain more stronger in the same way helps others have likes minds of a positive thinking towards the present and future expectations with bitcoin, i can't change my mind if the bitcoin network never changes.
What I have understood about this Bitcoin market right now is that the trust is not there yet unlike the last bull run but here is one thing. If Bitcoin can do just one thing, go up there and stays there for months and even if it corrected, it never goes below 100k, the fomo will kick in because that's when the trust will comes even more.
What we think right now doesn't really matter, there is one common friend right now that everyone is waiting to see and that's what the government is going to do about crypto and adoption, if that is push and legally binded, half of the world will want to have Bitcoin in their hands.
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I learned about BTC in 2012 but unfortunately, I read too many ECB reports and thought that BTC had no future because it would be destroyed by governments. I only officially joined the market in 2017 during the ICO wave and at that time I believed that BTC was outdated and that stronger new projects would replace it in the technological and financial revolution.
In 2021, I viewed BTC as a store of value, not as a currency for everyday payments. Additionally, it is also an important part of the entire crypto market, helping the market develop safely based on the increasing level of acceptance of BTC.
Currently, I believe that BTC is an essential part of the global economy, and every country should own BTC for their future. However, as an investor, I will still decisively sell my BTC at the peak as soon as negative signals appear on the price chart ^^
Good answer, that's exactly what I was talking about when I created the thread, how we interpret Bitcoin over time, how we change our minds as time goes by and things happen with Bitcoin
The 2017 season seems to be the one that brought the most people to cryptos
I think it was the ICOs and the ETH mining boom, where most gamers heard about it and put their GPUs to work mining
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Learning about how Bitcoin has provided many crypto investors with financial freedom makes it difficult to change my mind about investing in Bitcoin, especially when there are financial resources available to proceed with my investment journey.
It’s just hard for me to consider changing my perspective on Bitcoin, as I am focused on achieving financial freedom through it. This is my first bull run, and I am eager to seize this opportunity.
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Well, not only have I read it from you, I have also seen it in other publications here and on bitcointalk, although you have to be careful, for now the btc is at a great price and it is true that in corrections it is the best time to buy if only when you have confirmation that the price will continue to rise, but it is difficult for many to put the investment there, for example, it happened to me that at one point I did that and it went the opposite way and I entered at a bad moment where I lost, that is why for me it is difficult to be able to enter to invest in alts.
I think I have to take my words back as of now BTC has already crossed $100k and it also changed my mindset too as in the last reply I was not that bullish about BTC and also expecting a huge correction and waiting to buy but after this reply I took 2 to 3 days and realize that what if market did not corrected and what if I remain idle for long time and won't get the chance to buy as I wil be doing spot not future so why not start now.
So, I start investing in alts at 26 and it proved to be a good move and also for BTC investors I think it's still not the bad time, because when market crossed $100k and it come back to $98k then it dumped hard to $90k it was a great dump many have their orders in place to buy BTC at that range like they knew it will reach that point. Current scenario of BTC has really changed my mind.
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Learning about how Bitcoin has provided many crypto investors with financial freedom makes it difficult to change my mind about investing in Bitcoin, especially when there are financial resources available to proceed with my investment journey.
It’s just hard for me to consider changing my perspective on Bitcoin, as I am focused on achieving financial freedom through it. This is my first bull run, and I am eager to seize this opportunity.
I also get financial freedom from bitcoin and have enjoyed profit from investing in bitcoin. These two reasons are difficult for me to turn away from bitcoin because of the many benefits I get from bitcoin.
although I also diversify investing in potential altcoins, because for me crypto is the future currency.
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Learning about how Bitcoin has provided many crypto investors with financial freedom makes it difficult to change my mind about investing in Bitcoin, especially when there are financial resources available to proceed with my investment journey.
It’s just hard for me to consider changing my perspective on Bitcoin, as I am focused on achieving financial freedom through it. This is my first bull run, and I am eager to seize this opportunity.
I also get financial freedom from bitcoin and have enjoyed profit from investing in bitcoin. These two reasons are difficult for me to turn away from bitcoin because of the many benefits I get from bitcoin.
although I also diversify investing in potential altcoins, because for me crypto is the future currency.
Crypto is the future of digital currency that's why we have to align with it for our future gains because the very future of it, is always bright since we are in the digital era where someone can earn from the comfort of their homes without stress or anyone knowing about their worth of crypto investment diversified
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The opportunity to buy and invest in Bitcoin is actually available to everyone. However, not everyone wants to take the risk and chooses to avoid or not want to know anything about Bitcoin. And for those of us who have the opportunity in the crypto world and know Bitcoin further, then we will become individuals who are more prepared with the existing market and make us much more enthusiastic to invest in BTC. Because, BTC is surely, promising and potential for both short-term and long-term investment. Therefore, if we accumulate BTC from a low price, then patiently hold them, it will be a successful investment until now or in the future.
I understand the position of others regarding what a btc Investment is , but it is because they are not sure of what they are investing in. When you have total conviction of What btc is, it does not matter anymore. Even if btc is going up, I do invest every time, even if it means Buying little, but doing it because I know that now it can even reach $150k , but even so the potential of btc is much Stronger, I believe that in 10 years or at least 15 years it will reach at least $800k and it is not an exaggeration.
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Crypto is the future of digital currency that's why we have to align with it for our future gains because the very future of it, is always bright since we are in the digital era where someone can earn from the comfort of their homes without stress or anyone knowing about their worth of crypto investment diversified
You are lucky, you can start and get that financial freedom, considering that there are still some of my friends who are trying in the crypto world, but they are having difficulty making money and I who have not gotten much profit from cryptocurrency can only support them with enthusiasm so that they do not give up...
I have sold the BTC that I hold, because my sales target is $ 80k... but I leave 5% for my BTC ownership, honestly life without having BTC feels empty... because my fate has also been influenced by BTC since 2017.
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You are lucky, you can start and get that financial freedom, considering that there are still some of my friends who are trying in the crypto world, but they are having difficulty making money and I who have not gotten much profit from cryptocurrency can only support them with enthusiasm so that they do not give up...
I have sold the BTC that I hold, because my sales target is $ 80k... but I leave 5% for my BTC ownership, honestly life without having BTC feels empty... because my fate has also been influenced by BTC since 2017.
Investing in a crypto is therefore a different thing to everyone and our storeys are usually rich in lessons. It is priceless when we get to a specific goal, but completely leaving BTC may feel somewhat odd if and only if we have been involved in this kind of relationship with this asset for long.
Possessing a really small amount of BTC as the symbol of our journey may be viewed simply not only as investment but as the manifestation of how our first steps started. To help friends who are still in the process of healing is good, because we may provide them with strength which will help them go on. In every case there is a right time for everything and all of us can develop in this concern together.