Quote from: Fuso.hp on Today at 04:24:38 AM

Quote from: JayJuanGee on Today at 03:57:18 AM

I would suggest that BTC has been in an upward trend since late 2022, and sure maybe we were a bit uncertain in early 2023 and a few other points in 2023 if we might end up revisiting the lows of 2022.. but in the end the trend remained upward, and has been ever siince, even thogh there have been a few decently sized corrections along the way.. and even this latest one in 2024 was nearly 20% from $49k to $41.5k-ish.

In 2023, Bitcoin has given many good things to every investor. Before 2023, the market was very bearish for a long time. Where the Bitcoin market is now very close to touching $50K, before 2023 the Bitcoin market dropped to $14K. When Bitcoin fell to $14K investors thought that the market might go down further but there are some investors of a different mindset who invested more at that time even though they already had their own investments. Since the Bitcoin market dropped to $14K but the market has gradually started to move upwards which we can see the full results from late 2022 to 2023 complete and till now.

You are quite imprecise in your description of bitcoin's price history, which could be misleading if you are generalizing too much and not really attempting to represent actual BTC price movements, even if you might ONLY be referring to 2022, which was pretty much a down year for the whole time... and then furthest down that the BTC price reached was $15,479, using bitstamp prices.

Quote from: Fuso.hp on Today at 04:24:38 AM

From 2023 until now, the market is not only saying that it has gone up, but it has decreased a little, but then the market has gone up twice as much. This is how the Bitcoin market has come to this state step by step.
Till 2022 I didn't see much good in my investment but since 2023 till now my investment has made good profit and I am satisfied with the amount of profit so far. 2023 satisfied me but I am expecting better things in 2024. Looking at the positive movement of the market, I feel that 2023 will be a better year for investors than 2024.

Well you could be correct if we are referring to percentage of performance, since 2023 began with BTC prices at $16,600-ish and ended the year with BTC prices right around $44k-ish, then that is right around 2.65x price improvement in the year, so it may well be the case that BTC prices are not able to reach those kinds of price, which would be a bit over $100k, yet I would have some difficult times believing that if new ATHs are reached in 2024 and even if BTC prices were to get close to $100k that BTC holders would not consider 2024 to be a pretty good year without getting too much caught up into the "technically" comparisons,

...and I am not even sure how much it really matters to get caught up in these kinds of comparison of which was better matters too much anyhow, because probably more importantly would be how BTC holders and accumulators had been dealing with the situation in order to helpfully put themselves into as good of a place as they might want to put themselves, if they are building their BTC stash for the future are they still accumulating, or are they doing something else? and so each of us has to decide for ourselves where we are at, including some of the dilemma that shorter term bitcoiners might feel when they have been into BTC for less than a full cycle and they might still feel some dilemma regarding how aggressive that they should attempt to be in their own bitcoin accumulation journey.

Hopefully, you got your own situation figured out and you won't have too many regrets for selling too much too early and also perhaps not even sufficiently and adequately preparing yourself for 2025 and thereafter.

Quote from: Fuso.hp on Today at 04:24:38 AM

I am holding on to old investments and increasing my investments in the new year in anticipation of something new. I have invested in Bitcoin in several stages since mid-2023 until now.

That is a pretty short timeline, even though earlier you seemed to have given the impression that you might have started to get involved in BTC in 2022.. which we can see that the longer you have been in would have surely been better as long as you had been buying all along, even if you might have gotten started in 2021 when BTC prices were in higher points. .. but yeah, if you don't even have a whole year of accumulating BTC, then you likely have a bit of a longer journey ahead of you in terms of both thinking about how to accumulate BTC and how to put those accumulation practices into effect without deviating too much into trading, but then again, the choice is yours to do whatever you believe is going to be good for your situation, even if you end up making the wrong choices.

Quote from: Fuso.hp on Today at 04:24:38 AM

When I invested in Bitcoin in Phase 2 after holding Bitcoin for a long time in 2023 at $28K in 2023, I still invested and never for once felt that this investment was becoming too risky for me.

I don't see what you might be describing as phase 2. Maybe you need to be more clear about what you mean? If phase one might have been figuring things out and phase 2 might have been acting.. or even phase one could have been making some initial investments into BTC that could have had been lump sum and/or DCA and phase 2 could be creating some long term accumulation plan, such as DCA.

I hardly could see it making sense that if you might be in early accumulation versus later accumulation, and why would there be any needs to describe those as phases, unless you just have your own criteria regarding what you consider to be a phase that may more may not be relatable in terms of what some of us actively participating in this thread might be considered as phases that are worth breaking down in that kind of way.

Quote from: Fuso.hp on Today at 04:24:38 AM

After investing $28K the market went up again and I invested $32K again so the bitcoin market went up gradually and I increased my investment step by step. Whatever the price of Bitcoin in February I will invest in Bitcoin in one more step and hopefully with the remaining amount I can continue my investment step by step.

To me, that just sounds like a person who wants to be fairly aggressive in his BTC accumulation, and you are getting more comfortable with BTC in order to invest more and more aggressively on a regular basis and perhaps using a DCA strategy, yet you are being a bit contradictory and unclear because with a DCA strategy you should not be running out of money because you should be figuring out your own discretionary/disposable income which would be the difference between how much income you have and how many expenses you have, and then from that figuring out how much you want to invest in bitcoin.

So yeah you could end up increasing or decreasing your level of aggressiveness in terms of your ongoing BTC purchases, so you might try to consider your own level of aggressiveness in terms of stages, steps or phases.

The other part of running out of money would be someone who might have started with a lump sum or an amount that he might want to allocate over a period of time (which may well end up being a kind of DCA approach), and then once that lump sum runs out, then he will have assessed that he has invested as much as he wants to invest into BTC, which may or may not be a good idea, depending on the total situation of the guy and what his various goals and objectives might be. For me it is still a bit unclear what you mean in terms of your own approach because even if you might have a set amount that you might want to invest into BTC, you still could continue to invest into BTC from time to time, but then maybe that could justify that once you buy up to a certain point, then thereafter you might ONLY be buying on dips... which some guys do employ something like that,

and those are personal choices that may or may not be as profitable in the long run, especially if you might still be wanting to increase your wealth, but it is also true that sometimes if you invest into something for a while (even something like BTC), you may need to also start to diversify into other investments once you have allocated a certain amount into BTC.. for example if you have expenses that are around $1k per month and an income that is around $1,400, and if you had been investing $400 per month into bitcoin for the past couple of years, and you do not have any other investments, you might start to feel that you have to build other investments, or if you might have come to bitcoin and invested $10k and then also after couple of years investing $400 per month (or even $100 per week), then after 2 years you might have invested close to $20k into bitcoin, and so maybe at that point you start to feel that you need to slow down with your bitcoin investing and start to invest into other things with you $100 per week or maybe just reduct the BTC down to $25 per week or $50 per week. Those surely would be personal choices, and you may or may not reach a comfortable balance in terms of how to allocate your investment(s).

Quote from: Justbillywitt on Today at 08:42:27 AM

Quote from: michellee on Today at 04:03:41 AM

[edited out]

When it comes to investments in Bitcoin don't wait till you make a mistake before you learn from it. Why not learn from others who have made similar mistakes in the past and have shared their story. This is money you are using to invest and you are following a path that will make you to lose your money so that you will now learn from mistake. Money lost cannot be recovered and you will live to always regret it. In investment don't wait to make your own mistake as there are some mistakes you will make in this life, you might not recover from it.

You are correct Justbillywitt that there are all kinds of mistakes, and surely we are not going to be able to avoid all of the mistakes, and it is quite likely that we are going to make quite a few mistakes even when trying to learn from each other or trying to learn from our past mistakes and if we can figure out ways that our mistakes are not catastrophic and we are able to stay in the game, then there would be ways that we can continue to make mistakes, learn along the way and even to take some chances and to push some limits in terms of our aggressiveness without overdoing it in such a way that we devolve into gambling or that we end up losing coins... so there are some practices that are better than others, and sometimes we might not be able to figure out our own proper balance without engaging in some experimentation and learning along the way.. and even with the learning, we might not have enough time to spend learning, because we have various obligations and we learn and we act as the same time, and sometimes we might need to act without really having had enough time to completely understand all of the ramifications of our actions, but we still try to do our best under the circumstances that we know or that we are able to know within the time and even skill-based constraints that we have.

Quote from: milewilda on Today at 11:37:31 AM

Quote from: JayJuanGee on Today at 03:57:18 AM

[edited out]

For those people who do really know on how to read up charts and able to compare in between months and years in regarding about plotting out those points then you would really be able to find that
it is really that in upward movement but thing here is that people wouldnt really be minding about those increments but rather they are really that focusing that much on whats the price in front of them.
If they are expecting $50k then having this current price of 40k+ would really be just that low and goes on when we hit against on 50k+ and it would continue.

They would only realize thingso n the time that they've seen that theyre left behind and have those regrets that they should have hold or bought more on last year specially when the price
hits up $15k on which we can all say that this is really the sweetest spot.

Even if some members have trouble reading charts and speaking very accurately about what happened, they still should be held to a standard of communicating clearly if they are going to make certain kinds of representations, otherwise, we all get drug down into vagueness and subjective representations rather than trying to ground ourselves into actual facts.. which is probably more important when we are describing various aspects of BTC's price history than if we might be trying to project or predict BTC future performance, yet even if some members want to conjecture about possible future BTC price performance, it tends to be better if they are attempting to base their predictions and/or projections based on some kinds of meaningful ideas rathe than just throwing out seemingly random numbers.