Quote from: Falconer on May 24, 2023, 08:20:51 AM

Quote from: Sim_card on May 24, 2023, 07:43:32 AM

I must say that information is power. Personally, I was thinking very shallow on my bitcoin journey, I thought that if I can accumulate up to 0.5BTC that I have attained my bitcoin goal,not until when I saw this thread and started reading about members contributions on accumulating and holding for a very long time.

I have no way of agreeing with your plan because humans are basically never satisfied with what they have. Bitcoin is money, you can never give up on the amount you have without trying to accumulate it again as long as you are confident and have the budget to do so. 0.5 btc is not much, but it might be a lot for your current financial capabilities.

The time will come for you to have a bigger investment portfolio if you can do it consistently. Investments don't need to be forced and you have to be wise enough to set the direction of your income and expenses, so save as much as you can. Also some plans have gone haywire for some reason even unexpectedly. Do you remember when covid happened, many of us or investors had to sell a certain amount of bitcoins because they lost their source of income because of the lockdown.

It might not be much, but I believe after the next bull cycle is over, most of the new entrants will obviously have a harder time in owning one whole Bitcoin because it would be too expensive. It would probably not be lower than the last ATH.

Although, there might be more golden opportunities to come.

Cool

The Federal Reserve and other Central Banks of the world have printed so much paper money, "FREE MONEY", for more than 10 years, pumping the economy, that it makes everyone more reckless. But with the aggressive tightening and the rate hikes, there might be hard landings in many regions of the world coming, and this will make assets DIP including Bitcoin.