Quote from: Popkon6 on Today at 03:15:01 AM

Those who have invested in Bitcoin in this current difficult situation are definitely successful. The next step is to become a millionaire, and the only lesson I can learn from millionaires is that long-term investing requires patience.

Why are you talking about being a millionaire as "the next step."

That's fucking nonsense, unless you are already almost a millionaire, you should not be fucking around suggesting that the next step is to be a millionaire since probably the next step for a lot of normies, including many forum members is to establish a somewhat realistic plan and to follow through with it..

You come off as a disingenuine dweeb who is promoting gambling.. and/or get rich quick mentality and suggestions by trying to assert unrealistic bullshit in regards to "the next step" is to become a millionaire.

Quote from: Popkon6 on Today at 03:15:01 AM

I want to tell others why they don't want to invest in Bitcoin since (January 2023) Bitcoin has only seen upward movement till date. Bitcoin investment steps are so simple that an investor can do it easily, so be interested in investing quickly. Be patient by investing for long term and surely you will get fatter portfolio later on. There is no doubt that investing will make you successful.

This part of your post seems mostly correct.. but you still come off as a kind of bot.

Quote from: YUriy1991 on Today at 03:45:51 AM

Quote from: JayJuanGee on May 18, 2023, 09:32:59 PM

Quote from: ginsan on May 18, 2023, 09:23:27 PM

Quote from: stomachgrowls on May 18, 2023, 08:16:36 PM

Buy the dip and hold might sound really that simple but on the time that you would be doing such thing or step then this is where you would be finding yourself that it wasnt easy at all.
Emotion and mindset would really be that in mix on what are the decisions you would be making.

That's what we learn from those who are already millionaires, that they are able to endure in the long term and not be affected by any kind of fud, anxiety or worry more.

I believe if we can go through that period of bad things we will be successful in the investment that we are doing in Btc. The steps are quite simple and everyone can do it but it is the level of patience that is difficult for most people to have. From that experience we can learn where the holders will be the winners.

Apart from this, we all do it with our own strategies and patterns in buying and holding for a long time. All of us will be successful in the years to come.

Not all "rich people" have good financial and psychological management practices.

In other words, you don't have to be rich in order to figure out how to manage your position size (of course referring to BTC here) in such a way that you are sufficiently aggressive enough in terms of attempting to consistently, persistently and ongoingly stacking sats, without becoming overly aggressive or wanting to rush your financial matters more than you should be doing.

Yes, Especially in terms of emotional control in making financial decisions, this usually happens very dominantly, whether he is a rich or economically weak person. I think the key to success here is education, awareness, and a willingness to learn and continually improve financial knowledge and skills, regardless of one's level of wealth.

Ongoing attempts at applying the skills and learning too - rather than merely talking about it.

Quote from: salad daging on Today at 06:01:41 PM

Quote from: JayJuanGee on May 18, 2023, 09:32:59 PM

Not all "rich people" have good financial and psychological management practices.

In other words, you don't have to be rich in order to figure out how to manage your position size (of course referring to BTC here) in such a way that you are sufficiently aggressive enough in terms of attempting to consistently, persistently and ongoingly stacking sats, without becoming overly aggressive or wanting to rush your financial matters more than you should be doing.

In addition, they also have a financial adviser so they can manage and practice management, we can do it as long as we are disciplined in advance to get started.

It is probably true that a lot of wealthy folks have help with their financial management or they have decent chances of following "tried and true" methods that are traditionally accepted by financial consultants (advisors), so even though it is likely that anyone can learn how to manage their own finances, there are some potential scary traps, including some potential for time-sucks that a "professional" person might not have, if they might be busy applying their trade and making money by carrying out their normal job duties.

Quote from: salad daging on Today at 06:01:41 PM

Yeah, we don't have to think about how to get rich, because we know that by continuing to accumulate bitcoin, you can become a millionaire, depending on how the person buys bitcoin regularly for a long time, for example, 5 or 10 years, the pile will be more and more and BTC will make us rich because its value continues to skyrocket for decades more.

For sure, it is difficult to argue with what you are saying salad daging, even though for sure it can take some people a real long time to build up their investment portfolio - even 20 years or more.. .. even though so far in bitcoin's history, we have seen where it has become possible to potentially short-cut some of the timeline in which it might take to get to "millionaire" or even to some form of entry-level fuck you status.. and we likely have access to information in which people have worked their asses off and have scrimpt, saved and invested their money for 30-40 years and still have troubles in terms of getting into entry-level fuck you status.. because it seems that there are quite a few examples in our debt-laden traditional systems that we see that the system itself seems to be designed in such way that it becomes difficult to stop generating income for people who have not sufficiently gotten into some kind of situation that they have been able to identify some asset classes that might not overly depreciate in value in the times of their lives that they might not be able to continue to generate cashflow through their labors... so for sure, bitcoin seems to be a kind of asset class that is more difficult to have rug pulled in the future.

Quote from: salad daging on Today at 06:01:41 PM

We have to adjust our abilities, and how regularly we do DCA, the better it will be, but it would be nice for us to do it while learning to be able to manage both financially and the BTC invested.

Some aspects of our investment, we may need to learn as we go, including when it comes time to figure out cashing out strategies to be able to spend along the way, and we might not be able to plan the specifics into the future, until we are able to verify if various aspects of our plan allows us to withdraw at a rate that is sufficiently comfortable for us.. and surely also whether we might feel as if it might work for us to put some of our bitcoin assets into other assets.. such as if we might be living in one location or if we might have some other kind of a life style in which we might want to (or be able to) live in more than one location (through a calendar year or however, we might be attempting to measure where and how we might want to spend our time).