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Author Topic: Have you changed your mind about BTC over time?  (Read 5854 times)

Offline Faisal2202

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Re: Have you changed your mind about BTC over time?
« Reply #45 on: November 23, 2024, 10:12:04 PM »
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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Re: Have you changed your mind about BTC over time?
« Reply #45 on: November 23, 2024, 10:12:04 PM »

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Offline JoyMarsha

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Re: Have you changed your mind about BTC over time?
« Reply #46 on: November 23, 2024, 11:07:19 PM »
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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Re: Have you changed your mind about BTC over time?
« Reply #46 on: November 23, 2024, 11:07:19 PM »

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Re: Have you changed your mind about BTC over time?
« Reply #47 on: November 24, 2024, 12:10:33 AM »
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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Offline Rubel007

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Re: Have you changed your mind about BTC over time?
« Reply #48 on: November 24, 2024, 06:37:58 AM »
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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Re: Have you changed your mind about BTC over time?
« Reply #49 on: November 24, 2024, 12:20:18 PM »

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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Re: Have you changed your mind about BTC over time?
« Reply #50 on: November 24, 2024, 10:19:36 PM »
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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Re: Have you changed your mind about BTC over time?
« Reply #51 on: November 24, 2024, 11:29:40 PM »
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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Re: Have you changed your mind about BTC over time?
« Reply #51 on: November 24, 2024, 11:29:40 PM »


Offline Blaze

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Re: Have you changed your mind about BTC over time?
« Reply #52 on: November 25, 2024, 05:14:10 AM »
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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Re: Have you changed your mind about BTC over time?
« Reply #53 on: November 25, 2024, 08:22:52 AM »
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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Re: Have you changed your mind about BTC over time?
« Reply #54 on: November 28, 2024, 12:54:16 PM »
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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Offline rdluffy

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Re: Have you changed your mind about BTC over time?
« Reply #55 on: November 28, 2024, 10:49:43 PM »
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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Re: Have you changed your mind about BTC over time?
« Reply #56 on: November 29, 2024, 04:17:01 PM »
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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Re: Have you changed your mind about BTC over time?
« Reply #57 on: November 29, 2024, 04:29:19 PM »
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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Re: Have you changed your mind about BTC over time?
« Reply #58 on: November 29, 2024, 04:38:30 PM »
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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Offline rdluffy

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Re: Have you changed your mind about BTC over time?
« Reply #59 on: November 29, 2024, 05:29:38 PM »
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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