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Poll

Do you have BTC in your account?

Yes
12 (92.3%)
No
0 (0%)
Just want to check result
1 (7.7%)

Total Members Voted: 13

Author Topic: BTC: a tool to protect the psychology of crypto investors?  (Read 5543 times)

Offline MrSpasybo

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Re: BTC: a tool to protect the psychology of crypto investors?
« Reply #15 on: January 06, 2025, 04:52:20 PM »
  • Do you have BTC in your account?
  • Have you ever doubted the value and future of BTC?
  • Will you continue to invest in BTC in the next season?
1. I have BTC in my account because I have decided to focus on BTC during the market recovery phase as BTC tends to rise earlier than most ALTs.

2. I do not doubt the value of BTC. Since 2017, I have considered the possibility of BTC reaching $100K. However, I also thought that ALTs would outperform BTC and gain market share as blockchain will be widely adopted @@

3. I will continue to focus on BTC during the 2026-2027 crypto winter if it happens. BTC will never be excluded from my long-term portfolio in the next several cycles.
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Re: BTC: a tool to protect the psychology of crypto investors?
« Reply #15 on: January 06, 2025, 04:52:20 PM »

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Re: BTC: a tool to protect the psychology of crypto investors?
« Reply #16 on: January 07, 2025, 04:38:26 AM »

I realize that BTC is not only the safest asset in the crypto market or guarantees profits for investors in each new period, BTC also plays an important role in protecting investors' psychology, helping them stay calm to make sound decisions when necessary. Ignoring BTC seems not to be a good choice for long-term holders. I already have a plan to allocate 50% of my capital to DCA BTC in the crypto winter of 2026-2027, I hope I will again make a profit from crypto as in this season.

BTC has through the years created a solid foundation for old and new crypto enthusiasts, giving us all a firm believe of getting back our capital even when the market faces a bear run, and with patience, profits when the the bull run season comes. Most importantly, the price breaking of $100k gave everyone the mental stabilization that no matter the time duration, holding BTC for a long period will always bring back profit, while securing a good market entry point becomes a step further for traders who understands the market charts very well. At the continuing bullish season, the rate of FOMO and FUD will decline, cause everyone will start understanding fully that anytime investment is made on BTC has no effect against the profit one will make.

Quote
I would like to know your opinion on this issue:
  • Do you have BTC in your account?

Yes I do, though not a full BTC, fractions and I'm acquiring more.

Quote
  • Have you ever doubted the value and future of BTC?

Well, at the start in 2016, I had no much knowledge about crypto currency, just doing crypto related activities for fun. By 2017, I made good profits from the very first bull run, which gave me a spark about developing more interest in the community, but when the market faced the bear run, I fainted in mind, as my first bear market experience which cause my entire holdings (both BTC and altcoins) dropped significantly. That was when I had a little doubt, though, I believed it will come up again (though with <5% conviction).

Quote
  • Will you continue to invest in BTC in the next season?
Yes I will, though not with big purchase, but in every fractions I can possibly make.
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Re: BTC: a tool to protect the psychology of crypto investors?
« Reply #16 on: January 07, 2025, 04:38:26 AM »

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Re: BTC: a tool to protect the psychology of crypto investors?
« Reply #17 on: January 07, 2025, 06:46:11 PM »
-snip-
2. I do not doubt the value of BTC. Since 2017, I have considered the possibility of BTC reaching $100K. However, I also thought that ALTs would outperform BTC and gain market share as blockchain will be widely adopted @@
-snip-
If you considered it a long time ago and from 2017 you said That Bitcoin is going to reach $100k, that is an incredible thought and you have achieved it now.
Did you buy in 2017 and hold it until now and what is the target price you want to reach to take your profits?
Of course you don't make a long-term investment without taking profits, everyone will take it but with different targets.

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Re: BTC: a tool to protect the psychology of crypto investors?
« Reply #18 on: January 08, 2025, 09:35:18 AM »
BTC has through the years created a solid foundation for old and new crypto enthusiasts, giving us all a firm believe of getting back our capital even when the market faces a bear run, and with patience, profits when the the bull run season comes. Most importantly, the price breaking of $100k gave everyone the mental stabilization that no matter the time duration, holding BTC for a long period will always bring back profit, while securing a good market entry point becomes a step further for traders who understands the market charts very well. At the continuing bullish season, the rate of FOMO and FUD will decline, cause everyone will start understanding fully that anytime investment is made on BTC has no effect against the profit one will make.

Yes I do, though not a full BTC, fractions and I'm acquiring more.

Well, at the start in 2016, I had no much knowledge about crypto currency, just doing crypto related activities for fun. By 2017, I made good profits from the very first bull run, which gave me a spark about developing more interest in the community, but when the market faced the bear run, I fainted in mind, as my first bear market experience which cause my entire holdings (both BTC and altcoins) dropped significantly. That was when I had a little doubt, though, I believed it will come up again (though with <5% conviction).

Yes I will, though not with big purchase, but in every fractions I can possibly make.
BTC has gone through many difficulties to lead the entire crypto market to its current position in the economy. Now, not many people want to deny the value of crypto, they are busy researching and finding ways to take advantage of opportunities from BTC.

Compared to large companies, we are still early investors in this market. Experience advantage can help us make big profits from BTC and altcoin. I hope you will have the opportunity to take profit at the peak of this season, then you will have a larger capital to DCA at lower price ranges.

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Re: BTC: a tool to protect the psychology of crypto investors?
« Reply #19 on: January 08, 2025, 01:54:36 PM »
-snip-
2. I do not doubt the value of BTC. Since 2017, I have considered the possibility of BTC reaching $100K. However, I also thought that ALTs would outperform BTC and gain market share as blockchain will be widely adopted @@
-snip-
If you considered it a long time ago and from 2017 you said That Bitcoin is going to reach $100k, that is an incredible thought and you have achieved it now.
Did you buy in 2017 and hold it until now and what is the target price you want to reach to take your profits?
Of course you don't make a long-term investment without taking profits, everyone will take it but with different targets.

Alts do outperform Bitcoin for some time during the bull - it's an alt season. And surely, I do think that some are as smart as to hold from 2017 straight - the knowledge and faith is needed for that, though, such diamond hands are rare nowadays as everybody wants profit here and now, and fast.
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Re: BTC: a tool to protect the psychology of crypto investors?
« Reply #20 on: January 08, 2025, 06:27:27 PM »
1. Do you have BTC in your account?
2. Have you ever doubted the value and future of BTC?
3. Will you continue to invest in BTC in the next season?
1. Yes I have few portions.
2. No. I have never doubted the value and future of Bitcoin because for me it is the only asset that will protect me from inflation and centralization. I want to have it for me and my family's future because I have the full control of it.
3. Yes of course. As long as God wills it then that will happen.

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Re: BTC: a tool to protect the psychology of crypto investors?
« Reply #21 on: January 08, 2025, 10:29:41 PM »
  • Do you have BTC in your account?
  • Have you ever doubted the value and future of BTC?
  • Will you continue to invest in BTC in the next season?
1. The major one
2. No
3. Yes. But at first, I must take profits in the peak bullish era in certain prices to target. So, I can optimize the profits and won't be too greedy in reaching the rate to take profits. So, I can get enough profits. Some will be used for something important in my real life. and some will be invested again after being in bearish era.

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Re: BTC: a tool to protect the psychology of crypto investors?
« Reply #21 on: January 08, 2025, 10:29:41 PM »


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Re: BTC: a tool to protect the psychology of crypto investors?
« Reply #22 on: January 10, 2025, 08:41:16 AM »
1. The major one
2. No
3. Yes. But at first, I must take profits in the peak bullish era in certain prices to target. So, I can optimize the profits and won't be too greedy in reaching the rate to take profits. So, I can get enough profits. Some will be used for something important in my real life. and some will be invested again after being in bearish era.
A nice plan to increase the amount of BTC and get more profits. I'm also a 4-year cycle investor and have no plans to hold to hold :)

Many people are talking about a supercycle now, meaning we will no longer have crypto winters. Do you believe in this to continue holding BTC in 2026 & 2027 to not miss the supercycle with BTC price potentially increasing rapidly to 1M USD?

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Re: BTC: a tool to protect the psychology of crypto investors?
« Reply #23 on: January 10, 2025, 10:35:45 PM »
-snip-
Many people are talking about a supercycle now, meaning we will no longer have crypto winters. Do you believe in this to continue holding BTC in 2026 & 2027 to not miss the supercycle with BTC price potentially increasing rapidly to 1M USD?
No one knows what will happen later, just a prediction and will not always be accurate. The crypto winter may be imminent or it will just be postponed. But we just need to see now, this time it is a price drop that has been set by whales to get a cheaper purchase price.
The price of BTC may increase from what we imagined later, the actual bullish has not happened yet and this is still the beginning.

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Re: BTC: a tool to protect the psychology of crypto investors?
« Reply #24 on: January 10, 2025, 11:11:00 PM »
Huh?

Basically speaking, I think only XRP is the altcoin that met and in this case even exceeded its market price by 5x. But that was because of the SEC and it had nothing to do with BTC.

Funny how all these alt traders are worrying the same way BTC holders were worried on Nove.ber 2022. Nothing is going to happen to them now.
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Offline sampoerna

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Re: BTC: a tool to protect the psychology of crypto investors?
« Reply #25 on: January 10, 2025, 11:54:38 PM »
1. The major one
2. No
3. Yes. But at first, I must take profits in the peak bullish era in certain prices to target. So, I can optimize the profits and won't be too greedy in reaching the rate to take profits. So, I can get enough profits. Some will be used for something important in my real life. and some will be invested again after being in bearish era.
A nice plan to increase the amount of BTC and get more profits. I'm also a 4-year cycle investor and have no plans to hold to hold :)

Many people are talking about a supercycle now, meaning we will no longer have crypto winters. Do you believe in this to continue holding BTC in 2026 & 2027 to not miss the supercycle with BTC price potentially increasing rapidly to 1M USD?
It seems that many are doing 4-year cycle investment in crypto, by taking advantage of bearish and bullish opportunities. especially doing it with the DCA system, if it is disciplined and regular, the results are indeed very promising if you can be patient until the real bullrun. But of course it's not that easy with the various FUDs that existed last night holding. However, for those who have experienced this cycle, they must have understood and remained calm with all market conditions.

Basically speaking, I think only XRP is the altcoin that met and in this case even exceeded its market price by 5x. But that was because of the SEC and it had nothing to do with BTC.
XRP's development has been very good this time and we are just waiting for how the SEC will be with its new leadership later, whether there will be new regulations or policies related to crypto. Because it has been the enemy of XRP since several years ago which has made XRP quite fall because of the problems with the SEC. So that XRP holders will be more confident in holding the coins.
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Re: BTC: a tool to protect the psychology of crypto investors?
« Reply #26 on: January 11, 2025, 07:40:18 AM »
I would like to know your opinion on this issue:
  • Do you have BTC in your account?
More than of my 40 percentage of my investments are in bitcoin and others also have on the altcoin and also on some stable coins.
Quote
  • Have you ever doubted the value and future of BTC?
It is the real decentralised ecosystem and as well have the world top potential market so why should I doubt on rhe value of future of bitcoin. And because of the limited suppply bitcoin must increase its value in the future.
Quote
  • Will you continue to invest in BTC in the next season?
Obviously I will, I have already that's kinds of strategy in my mind and also like to continue the  dca investment after this bull season.

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Re: BTC: a tool to protect the psychology of crypto investors?
« Reply #27 on: January 11, 2025, 08:00:55 AM »
Huh?

Basically speaking, I think only XRP is the altcoin that met and in this case even exceeded its market price by 5x. But that was because of the SEC and it had nothing to do with BTC.
yup that is true even though we know that altcoins perform relatively depending on bitcoin’s performance however let’s imagine if bitcoin wasn’t doing well at that period and sec and xrp manage to conclude their lawsuit fight xrp will still continue to grow even if the overall market is not doing well but this is only my assumption as we will never know what would have happened anyway or if bitcoin’s performance allowed for more growth for altcoins giving more confidence to investors

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Re: BTC: a tool to protect the psychology of crypto investors?
« Reply #28 on: January 11, 2025, 09:31:06 PM »
When I first joined the crypto market in 2017, I used to look down on BTC because every new project criticized BTC's technological weaknesses and backwardness: the maximum speed is only 3-7 tps, completely insufficient to serve the payment needs of billions of potential users. In 2020, the DeFi wave also made me believe that new altcoins were the future of crypto, and BTC would gradually be replaced and disappear. I held many altcoins and made a small profit when I sold them at the beginning of 2022.
-cut-
I would like to know your opinion on this issue:
  • Do you have BTC in your account?
  • Have you ever doubted the value and future of BTC?
  • Will you continue to invest in BTC in the next season?
I can't agree more as I also experienced the same in start, people even on BTT forum was speaking that BTC blockchain is not that scalable and cannot bear the adoption if all the world out there adopts it. So they said even me after believing the facts which was not wrong though. As the tps and other things really make BTC slow but still, the world is adopting it as a long term investment while this was also not its main purpose.

I never doubted the value of BTC instead I bought it, I moved them non custodial wallets and never opened that wallet until I want to sell them. I am not investing in BTC at the current moment I stopped a long time ago .
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Offline arabspaceship123

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Re: BTC: a tool to protect the psychology of crypto investors?
« Reply #29 on: January 12, 2025, 12:36:49 AM »
I'll agree because posting info isn't going to make ppl safe it's better to be reserved if you're posting personal info. The posts about ransom demands are scary they're growing so be careful about info you're posting.

  • Do you have BTC in your account?
  • Have you ever doubted the value and future of BTC?
  • Will you continue to invest in BTC in the next season?


It is better to ignore asking or answering such a question, privacy is important and may make you a target for hackers or worse, for example read ----> https://www.altcoinstalks.com/index.php?topic=327261.msg1695190#msg1695190[/size]
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