Quote from: Rabata on April 13, 2023, 04:14:57 PM

Quote from: Sayeds56 on April 13, 2023, 11:28:14 AM

Quote from: JayJuanGee on April 13, 2023, 02:16:17 AM

Of course there are people out there who get too greedy for their own good.. .. and sometimes they can still profit from their efforts, yet historically, we have seen a lot of those kinds of guys waiting around too much for lower prices, not acting and even selling too much too soon.. or like you said the other extreme is buying when the price goes up rather than buying when the price goes down or just buying regularly no matter what is the price.

So there are a lot of weird perspectives, and the main thing seems to be that we try to create systems for ourselves that we have decent confidence are solid, and we cannot necessarily expect that others are going to follow our methods or that they will be able to figure out some kind of a meaningful long term BTC accumulation strategy for themselves.. even if it might vary from our own..

Yes, there are many different perspectives and approaches when it comes to investing and accumulating Bitcoin. Every body has his own goals, risk tolerance and strategies, so what works for one person many not work for another one. it is very important to develop your own plan that fits your circumstances, and stick to it, rather than constantly chasing market trends and copying others.

In my opinion, the most effective strategy in view of long term potential of Bitcoin would be to consistently acquire Bitcoin during significant downtrends, and wait for the bull cycle to realize your profits if you choose to do so.

I agree with you. Those who expect long-term profits from Bitcoin will be successful in Bitcoin investment. I have seen some investors Those who could not trust Bitcoin. They sold their bitcoins with loss due to a little bit of negative news and this incident could be October or November 2020. But while Bitcoin was slowly trending upward, one of them was thinking that if Bitcoin came back into their buying range, they would immediately hold it. But unfortunately Bitcoin turned bullish since then and it rose to around $69000.

They had a good opportunities but they couldn't take it. It was their fault. The market is still in the deep and those who are smart must be holding bitcoins as much as they can.

Because they treat Bitcoin as a, what legacy finance investors would call it, "gambling token". But that kind of perception will not past forever. Bitcoin has the properties to break down political strong holds, it's not merely "P2P Cash" like many people would like you to believe. In fact, Hillary Clinton has warned that Bitcoin could destabilize nations.

Cool

She's learning.