It makes sense as one of the factors influencing the investment process is always the competition with the current needs for money. That is why, it is better to use those funds which one does not need for some time at the moment, which will allow one to be more relaxed in relation to certain fluctuations in the market that can be quite unpredictable at times. It takes time for investments to maturity and that is why if we do not use all the funds that we have, then we are safe from using the little funds that we have to make wasteful expenditures. Maintaining a part of the invested money to specifically to be reserved free can help us to be more careful in choosing the next steps.

Maybe some people think that you should not buy when bitcoin hits its lowest point, but it is also not impossible that it is an opportunity for many others to be able to buy and hold it for a longer time.
But if Bitcoin can reach its latest ATH, maybe many people will think and have high expectations that the price will be able to increase even higher than it has ever been.

It can happen to anybody, call it a lack of concentration or lack of focus. Keeping that aside, there was also a chance that for one reason or another the token could have hit unexpected highs but unfortunately for you the opposite is probably inevitable.

Quote from: alltalk on February 20, 2025, 03:20:25 PM

Yep, experienced one can give suggestion or advice. Sure, we have the right to follow it or not. It should be adjusted with our condition, we can do a self analysis to know it. For the financial advice, it should be from an expert or an experienced person in this field. For the risk management, it should be learned through a specific lesson. It is not an easy matter to be learned, sometimes it takes times to understand it.

True. And we just need to observe if these individuals are really experienced and not the fake one's. Background checking will also help us to identify if the one who is giving advise needs to be heard or just a piece of copy paste from other successful people. I agree that it is hard to apply someone else's strategy we got from their advises because we need to make it compatible to our own understanding and capacity because sometimes it won't work for us that is why we need to improvise. And learning or applying someone else's skill, lessons and ideas isn't that easy to adopt and embrace.

I don't think I would agree with your belief that it is hard to see another ATH of Bitcoin this year 2025. A new ATH will be set before this year ends, it will be pretty much above the current ATH of $109k.

However, DCA strategy is advised because that will give many profits to investors when the market begins to boom very soon this year. Missing out from it, it is not a good option for someone who aims to make profits from the crypto investment this year.

Aside those investing in bitcoin, I would say that finding success in cryptocurrency through Altcoin investment is like someone gambling and getting lucky to win a jackpot, I say this because if being lucky was outside of finding success in crypto, I did be one of the richest people in the world today based on how long I've been in this space and how many projects I've gotten involved in through investments and other various means.

So when we talk or discuss about becoming successful in and through cryptocurrency, it will be totally undermining to not mention the role being lucky also has to play, I've watch so many projects with no sense turn people into millionaires over night, while the projects with the best technology, fundamental and chances of success fail woefully leaving investors picking themselves up from the ground.

Quote from: albon on April 11, 2025, 06:23:35 AM

So if we want we can invest in altcoins if we don't have enough funds to invest in Bitcoin. There are many top altcoins which have been giving profits to investors year after year. But the story of getting rich is different for me because it is difficult to find an altcoin to get rich. However, people can earn good profits through some hype but for me, getting rich is a very complicated matter. A few days ago, I saw the hype of the trump meme coin which quickly went from $7 to almost $70. So my question is who was able to buy it at a low price and who got rich from this opportunity!

One has to be a millionaire already to make millions from Bitcoin now. For instance, if someone bought 100 Bitcoin at $75k then sold when it pumps to $85k the person is already making profits in millions.

But to be realistic, not alot of investors have that huge capital, so altcoins becomes the best alternative. And just like you said memecoins too but one must have patience so as not to invest in a coin that will rugpulled. No one could have predicted trump memecoin would exist but those who entered early claimed to be millionaires now.

Initially when the market was much younger I mean when it start this year with high market increases I was thinking that it would reflects to all altcoin but I was wrong, and if Bitcoin could hit 109k it's assumed that altcoin like Ethereum should also make out some doubling in price maybe nearly to touch back it's previous ATH and then surpass to around 7k or 10k