Post
Topic
Board Speculation
Merits 1 from 1 user
Re: BTC 100K FOR 2024 !
by
naira
on 26/07/2023, 10:54:01 UTC
⭐ Merited by JayJuanGee (1)
There can be some real problems if we are comparing the performance of our portfolios in the short term, and for example, there are quite a few people who invested into bitcoin in the last couple of years, and at this time, even if they did not do anything wrong, their portfolios are "barely" getting back into profits, and if they made some mistakes, then they might be even further in the red because of those mistakes.

Even with myself, the first three years of my BTC investment was barely in profits.. so from late 2013 until about late 2016, my BTC portfolio was ONLY of questionable profitability.. ..

I forgot not to explain the detailed duration, that here is once every 3 months does not mean that the comparison is seen from the profit after sale. The point is only as a holder per 3 months and comparing the results of people who bet.


Despite all that, I understand that the short time above is still not enough to prove a big profit, even if you have a not-so-good cycle. But the fact is we stick to the bitcoin trust. Even though we are often disappointed when we see market conditions that are in the red, it is extraordinary for us, generally investors, who know the potential for a bear market, to be able to give a little breath in the future. We and some people still have that hope that for the next 5 years bitcoin can still be profitable.
This will have some possibilities to make families realise and motivate them that bitcoin is worth it.
Although surely when talking about gambling it will not be easy to just let go but at least with things like this they will be more literate in seeing bitcoin.
In the first few months they will embark on a painful journey, doubting, feeling the decisions they have taken are wrong and blaming others for giving them the doctrine. But that's a normal mental condition and the more we persist the more it forms a habit to accept reality. That's the momentum holding Bitcoin, and for anyone to experience it in ways and conditions that always feel guilty.

Therefore, I do not let go of what has become my responsibility, by continuing to convince them, giving directions after directions so that they get used to not responding to mainstream news that tries to bring down the grip. As we know, a family that tries the investment world will expect more profits than it should.