Post
Topic
Board Bitcoin Discussion
Merits 3 from 2 users
Re: Your Life After 10 years in Bitcoin...
by
Inwestour
on 06/03/2023, 12:08:35 UTC
⭐ Merited by vapourminer (2) ,JayJuanGee (1)
Another thing is that anyone getting into bitcoin in the last 2-3 years, may well be feeling some pains and struggles, and similar things could be true for some folks who got into bitcoin as far back as 3-5 years ago, if they had been playing their cards badly, including some folks may have been engaging in leveraging and gambling practices that can be quite dangerous in terms of forcing the removal of coinz... It seems to me that a certain amount of prudence and patience tends to be part of many journeys that will then have better chances of improving various aspects of life conditions... attacks on bitcoin are not likely to stop, and battles in regards to bitcoin are not likely to stop, so in that regard, there are likely needs to prepare financially and psychologically for how those kinds of likely inevitable battles and bitcoin price volatility are going to play out.
Probably those who have been dealing with bitcoin for about 5 years will be more calm in this situation, because they understand the cyclicality, how a bear market and a bull market replace each other. And for those who are relatively new here, it can be very difficult for them, especially if they bought bitcoin near ATН.

In 2023, we saw good local growth, for many it became encouraging, by the way, I was expecting a local growth, but at the same time I expected that it would be temporary and, as we see, a local correction is taking place now. I did not wait for this time, but continued to buy bitcoin, because although I expected a subsequent correction, I was still afraid of making a mistake, because there was a possibility of further growth. Even now, I assume that the growth may continue to 29-30k and then further decline will follow, perhaps we will be in anticipation of the beginning of the bull market all of 2023.

Sometimes I have a desire to try my hand at trading, to allocate some small part for this, but I don’t have much time for this, and yet I am an investor and not a trader, but I have a desire to multiply my bitcoins.