Quote from: aoluain on January 29, 2023, 10:13:23 AM

Good write up OP - well done.

Unfortunately so many have and will be caught right up in exactly what your write about.

So many will need proof that the market is going up, they cannot see the long term and
will succumb to FOMO at the 12th hour before the markets "correct" and then
they will get influenced by FUD.

Just a little knowledge of the markets by reading your post for example will provide
some insight as to what to expect.

Yes, that's why i tried to wrote them under one title,

Quote from: DeathAngel on January 29, 2023, 01:01:58 PM

The best advice to follow is to see bitcoin as a long term investment vehicle. Ignore all outside noise, FUD & short term price movements. You will not lose money if you buy bitcoin & hold it long term. For any noob, just starting to buy now, it might be hard for you to become rich by buying only bitcoin in the short term but if you buy bitcoin regularly over many years you will be in a good position.

Save bitcoin alongside regular monthly fiat or pension contributions. 20 years of DCA (dollar-cost-averaging) monthly into bitcoin will put you in a nice position to enjoy a comfortable retirement.

i admire your optimism about bitcoin, Well every person has their own agenda regarding to hodling the btc. some hold them to make money in short period of time and some hold it to use in retirement. well my question to you is, what those will do who are already retired. Well i think they should hold it for there next generations. well this previous sentence is used as marketing scheme in new coming shit coin where they say to traditional people that. You would not live a life like this if you fathers would have saved btc in the 2010, But no worries now is the time you guys can buy our shit token and prevent your self from the mistakes your fathers made. hahaha lol.

Quote from: sunsilk on January 29, 2023, 01:14:10 PM

Where did this meaning of HODL came from? Isn't it that it's just a misspelled typed word of someone who's drunk. Well, whoever and whatever was the meaning of it, why is should be avoided?

You can't tell someone who's been holding for years and then made a decent profit out of it to say that he should avoid it. Experience wise, holding is profitable especially if you're holding good cryptos and the number 1 of it, BTCitcoin.

dear, i'm not saying anyone to sell there holdings. why are you felling prey to my article, it's just an informational article. You are the one who have to decide whether you should sell it or not. And for the clarification of your confusion/doubt, maybe i got your context wrong. but let say it

I tried to tell that. for example, one who hold money from 2018 bought it for around lets say $3,700 and they hodl it for around 10 years, lets say the price in 2028 will be around $120,000 (just assume). Profit becomes = $116,300. Let's say we the hodler keep an eye on the market and observe the sentiments of market. and try to sell it at ath in 2021. around $69,000. profit = $65,300. After collecting that profit we all know according to cycle price of btc will touch it atl of the cycle which was around $16,000. After buying at that point. and selling at $120,000 target now, total profit becomes = $169,300. which is more than $116,300.

Well, i still agree with you, well if i'm in 2018 i would or would not be optimistic as i do not know the future at least. But i would also like to hodl my btc of $3,700 why because traditional hodler think that he/she bought that btc at low price why he/she sell it at $69k and why i should take risk of selling it at $69k while i have no idea that either it will come to $16k or not. So they prefer to hold their btc.

But we have to understand the value of $3,700 of 2018 and value of $16k in 2021. Everything depends upon the value of assets not the number of prices. (I think i have got another topic lol). i hope you got my point.

Quote from: The Sceptical Chymist on Today at 12:37:37 AM

As for the points OP made, they seem to be targeted to newbies who haven't heard those terms, which are regurgitated so many times all over the internet and even in the mainstream media that it's annoying at this point.

i will keep your taste in my mind, Next time i write content and will try to make it interesting. thanks for your honest review.

Quote from: Hispo on Today at 01:18:31 AM

Personally, I would not include the Pump n' dumb in this compilation, since we are talking about Bitcoin and added to your commentary on Bitcoin's decentralization there is also the fact Bitcoin liquidity is so high that it cannot be easily serve as medium to pump n' dump unknowingly victims.

instead I would mention some of the tricks of the Bitcoin whales to influence the market to their favor, it sounds more in tune with Bitcoin.

Anyways, good contribution, I guess. Wink

Wonderful suggestion that is! I will try to write something on that and i will include it by replacing with P&D scheme heading. I was also thinking of removing it. But i think now.