Quote from: JayJuanGee on October 07, 2023, 01:54:02 AM

Quote from: JunkieMiner on October 06, 2023, 06:39:15 PM

we can't trade in the manner that should be needed for it,

Sure, you can trade and fuck around with shitcoins, but it is not a good idea to be trading and fucking around with bitcoin, unless you want to get reckt.

With bitcoin you should just be figuring out ways to ongoingly accumulate it and also to make sure that you figure out ways to secure your stash.. as you might be attempting to reach target levels of accumulation.. which could take 4-10 years or more to reach depending upon from where you might be starting and if you are able to lump sum into bitcoin versus more common ways of dollar cost averaging and buying on dips.

Bitcoin is not like other crypto currencies that don't have value, so if anyone is fucking around with Bitcoin, it means that person doesn't know where to start from and, again, not worth being called an investor.

If one has Bitcoin, the most important thing for the person to be thinking is how to use the DCA method to accumulate more Bitcoin and also try to get more pay from his jobs so that he can increase the minimum wage that he is receiving at the end of the month so that he can add more money for accumulating more Bitcoin.

A person who's messing around with Bitcoin doesn't have a strategy to accumulate more Bitcoin. Maybe the person invested $10 or lower and hopes that in a month's time he will get $20k to $30k without him accumulating more.

Quote from: Frankolala on October 08, 2023, 06:29:32 PM

If you intend to hold bitcoin, there is no way that you will lose your bitcoin, because no matter the level of price dip of bitcoin 1BTC = 1BTC. This is why hodlers are the real bitcoin investors. This shows that knowledge and hodling should be done at the same time because they go hand in hand

As I am holding my coins and using the DCA method to accumulate more Bitcoin, my intentions are to hold for long, so I don't think about losing my coins. Yes, 1btc is still 1btc when we apply the DCA strategy. A true investor is a person that holds his bitcoin for long term and not those that hold short-term and shitcoin fellows.