BTC: a tool to protect the psychology of crypto investors?

[KryptoBull]

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 .

The strength and speed don't create BTC's value, but rather its independence and decentralization have generated the current price near $100K. When investors understand this, they will stop comparing BTC to new blockchains, simply because the new blockchains are not worthy of comparison with BTC

I want to know when you stopped investing in BTC. I stopped DCA BTC and am only doing RDCA, but since I'm still holding BTC on CEXs, I think I'm still investing in BTC.

[taufik123]

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.

Doing DCA for the long term also requires excellent money management, as you will only buy when the Price is in a DIP position. It is not easy to do a long-term DCA, let alone just wait for a cycle once every 4 years by taking advantage of the decline at the end of the cycle and selling at the peak of the cycle.

There will definitely be a lot of FUDs that the spread out, manipulation and some other Whales games to shake the mentality of long-term investors.
But if you are strong and able to survive the Bearish cycle, it will be a big profit when the market starts to be bullish and everything hits a new ATH.

[KryptoBull]

Doing DCA for the long term also requires excellent money management, as you will only buy when the Price is in a DIP position. It is not easy to do a long-term DCA, let alone just wait for a cycle once every 4 years by taking advantage of the decline at the end of the cycle and selling at the peak of the cycle.

There will definitely be a lot of FUDs that the spread out, manipulation and some other Whales games to shake the mentality of long-term investors.
But if you are strong and able to survive the Bearish cycle, it will be a big profit when the market starts to be bullish and everything hits a new ATH.

Time will allow long-term investors to effectively apply DCA because we have very long crypto winters, 2-3 times longer than uptrends, so as long as we have a stable income, DCA is an easy strategy to maintain. The biggest challenge lies in the investor's psychology: they want to buy the dip and are easily scared and sell off when BTC drops significantly

However, compared to altcoins, BTC is still the most valuable asset in this market. If investors cannot maintain a stable mindset with their investment in BTC, it will be very difficult for them to invest in any other token.

[taufik123]

-snip-
so as long as we have a stable income, DCA is an easy strategy to maintain. The biggest challenge lies in the investor's psychology: they want to buy the dip and are easily scared and sell off when BTC drops significantly

DCA will always be the most effective strategy with a stable main income record and of course carried out regularly.
and of course psychology will be very much at play on the DCA strategy, testing psychology whether they are able to overcome the price drop and continue to buy or they give up by selling at the lower price and get a loss.

DCA that is consistent and continues to accumulate purchases, it provides a higher buying average and will earn more profits when the bull market arrives. So hold your position and don't sell when you lose.

[dekafee79]

-snip-
so as long as we have a stable income, DCA is an easy strategy to maintain. The biggest challenge lies in the investor's psychology: they want to buy the dip and are easily scared and sell off when BTC drops significantly

DCA will always be the most effective strategy with a stable main income record and of course carried out regularly.
and of course psychology will be very much at play on the DCA strategy, testing psychology whether they are able to overcome the price drop and continue to buy or they give up by selling at the lower price and get a loss.

DCA that is consistent and continues to accumulate purchases, it provides a higher buying average and will earn more profits when the bull market arrives. So hold your position and don't sell when you lose.

Purchasing with the DCA method is very effective in accumulating potential coin purchases that we want to have.
I have been doing it for 2 years and still do it until now, although sometimes I stop it when the coins I buy are high in price.
because approaching the bullish season, you should be careful in buying coins because you are worried about getting caught in a high price.

[Aanuoluwatofunmi]

Until we realized that need we should go after in cryptocurrency is bitcoin, we may just be wondering about without having any tangible result over the years about what we do, instead of us to keep running after what we should learn and know in other to serve as our first asset in cryptocurrency, we are there busy chasing after money which may not even come in at the long run, because we lack the initiative that can draw the financial resource to us.

[robelneo]

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?

Right now, Bitcoin is a must-have cryptocurrency, You can forget all the other coins; we just have to go for Bitcoin because of a lot of great things that are going to happen this year and onwards
On number 2, I never doubted the value of Bitcoin, and I always thought that it was only a matter of time before it reached the $1 million mark.
On number 3, yes definitely, I'm going to continue investing in Bitcoin; you will miss profit if you stop investing.

[KryptoBull]

Right now, Bitcoin is a must-have cryptocurrency, You can forget all the other coins; we just have to go for Bitcoin because of a lot of great things that are going to happen this year and onwards
On number 2, I never doubted the value of Bitcoin, and I always thought that it was only a matter of time before it reached the $1 million mark.
On number 3, yes definitely, I'm going to continue investing in Bitcoin; you will miss profit if you stop investing.

I have paid the price with many opportunities and profits to realize that simple and ordinary thing in the crypto market. If only someone had told me this 8 years ago to help me invest more leisurely and effectively simply by having BTC in my portfolio.

Let's wait together for the moment when BTC price reaches 1M USD, probably in the next 5-10 years. That's really attractive but it might also come with the drawback that BTC price volatility will decrease and opportunities for huge profits will also be less for us.

[Rubel007]

Until we realized that need we should go after in cryptocurrency is bitcoin, we may just be wondering about without having any tangible result over the years about what we do, instead of us to keep running after what we should learn and know in other to serve as our first asset in cryptocurrency, we are there busy chasing after money which may not even come in at the long run, because we lack the initiative that can draw the financial resource to us.

We may get tired towards money but it will not be possible to reach our goal. That is why before running, we need to understand which track we will run and what our future will be like. If we can predict our future in advance, then I think we are in the right place. There is no possibility of Bitcoin price doubling within a day, but if someone expects that, then he is definitely walking on the wrong path. He may lose everything at some point. But whoever stays true to his goal no matter what, he will definitely find his ladder of success through Bitcoin at some point.

[KryptoBull]

We may get tired towards money but it will not be possible to reach our goal. That is why before running, we need to understand which track we will run and what our future will be like. If we can predict our future in advance, then I think we are in the right place. There is no possibility of Bitcoin price doubling within a day, but if someone expects that, then he is definitely walking on the wrong path. He may lose everything at some point. But whoever stays true to his goal no matter what, he will definitely find his ladder of success through Bitcoin at some point.

Looking back, it's easy to think about holding BTC long-term for many years, but during the investment process, things become much more difficult. Investors will have to face the pressure of price fluctuations, even if they only hold BTC, a 70% drop in BTC price is enough to make them make wrong decisions.

Besides, the attraction of huge profits from altcoins can easily make them FOMO and all-in on many altcoins instead of choosing BTC for their portfolio. In the end, only the most sensible investors deserve to profit from BTC and this market.

[tequilla_sunset]

Right now, Bitcoin is a must-have cryptocurrency, You can forget all the other coins; we just have to go for Bitcoin because of a lot of great things that are going to happen this year and onwards
On number 2, I never doubted the value of Bitcoin, and I always thought that it was only a matter of time before it reached the $1 million mark.
On number 3, yes definitely, I'm going to continue investing in Bitcoin; you will miss profit if you stop investing.

I have paid the price with many opportunities and profits to realize that simple and ordinary thing in the crypto market. If only someone had told me this 8 years ago to help me invest more leisurely and effectively simply by having BTC in my portfolio.

Let's wait together for the moment when BTC price reaches 1M USD, probably in the next 5-10 years. That's really attractive but it might also come with the drawback that BTC price volatility will decrease and opportunities for huge profits will also be less for us.

Even if it would take more time, it would still happen nevertheless.
The only thing in question for that to happen is time itself.
Everything is possible with BTC once you learn more about it.

[Bobcrypto]

• 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]


Altcoin investing is usually profitable after Bitcoin goes up like crazy and some of the liquidity moves from Bitcoin to altcoin.

You are right, but Bitcoin seems to be more profitable than any altcoins, though start up capital may be hindered on buying some desirable quantities. However, a fraction of Bitcoin investments is idea for constant progress especially for traders and short term investors or holders. Over and over, Bitcoin remains the strength of altcoins, this is the reason most people flock into the Bitcoin investing and trading market on the daily basis.

The demand for Bitcoin keep rising, a situation that is causing altcoins dominance often, though it seem a normal situation but it give Bitcoin more strength to drive the entire crypto market.

[KryptoBull]

Even if it would take more time, it would still happen nevertheless.
The only thing in question for that to happen is time itself.
Everything is possible with BTC once you learn more about it.

Usually, the market will fluctuate irrationally for a longer period than investors can tolerate, because not everyone deserves the profit. I have witnessed this and will try to survive in the crypto market until that time.

Since 2022, I have understood that BTC is truly important for an investor's portfolio in this market. Ignoring BTC can actually make investors more anxious and make more poor decisions throughout that season. I think many other investors will soon realize this when they go through the 2025 season.

[omori]

You are right, but Bitcoin seems to be more profitable than any altcoins, though start up capital may be hindered on buying some desirable quantities. However, a fraction of Bitcoin investments is idea for constant progress especially for traders and short term investors or holders. Over and over, Bitcoin remains the strength of altcoins, this is the reason most people flock into the Bitcoin investing and trading market on the daily basis.

The demand for Bitcoin keep rising, a situation that is causing altcoins dominance often, though it seem a normal situation but it give Bitcoin more strength to drive the entire crypto market.

Alts may bring more profits due to their even bigger volatility, but Bitcoin is much more stable.
It's ideal for those that are ready to hodl and be patient about their investment.

[Celph]

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.

However, BTC is still alive, creating a bitseason and being accumulated by many large companies while altseason couldn't happen in 2024. Luckily, I've DCA BTC throughout 2023 and had a chance to take profit 20% of total when BTC hit 100K USD in December 2024. During this season, I really felt the difference in my investment psychology: I feel more secure knowing I've profited from BTC, and I'm no longer pressured by temporary losses from altcoins in my portfolio. I can continue holding BTC and altcoins until the peak of the uptrend.

While many altcoin holders are worried that the DeFi-GameFi summer didn't happen in 2024, they even fear that altseason won't come because many top coins are still at their bottom prices. They regret missing out on the opportunity with BTC, they doubt the value of altcoins, including ETH and XRP because they haven't created a new ATH this season.

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.

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?

Note:

• My opinion has been presented in a topic, on BitcoinTalk forum.
• This topic on AltcoinsTalks forum has included a minor change in the way my opinion is presented.
• This statement is to avoid accusations of plagiarism.

Firstly;i personally feel that putting my capital and investing in bitcoon has protected my memtal health greatly while building my psychology of imvesting and i've never doubted on the wonders of btc;i believe when the market looks bad;btc seems to scale through.Theres a specific joy btc investors have that other crypto investors can't quite boast of;i believe.
   And yes;i possess a little amount of btc in my wallet for my own benefit.Bitcoin is a currency i invest so much in;not really much though but a decent amount as i believe im the bitcoin market.
People who have had experiences while investing on bitcoin as investors have alot to gain knoledge l.
  I think your investing on btc shapes your psychology;that is how you think while investing;how you act while investing;and the choices you make.
   It breeds you about the concept of risk taking which is basically a very important concept when it comes to investing in whatever investments.
The psychology of btc investors is way different from other random investors