Quote from: Popkon6 on Today at 04:29:23 AM

Quote from: DubemIfedigbo001 on October 07, 2023, 01:23:13 PM

I have decided to continue my involvement with investment in Bitcoin. My conviction in the importance and positive tendencies of bitcoin cannot be complete if I continue to just discuss and learn about its existence. I believe that a practical approach to learning is the best approach, hence my decision to invest in bitcoin with the little funds I have at the moment. I also believe that little drops of water makes the mighty ocean and I'll continue my investments when funds present itself. I wish to take my journey to another level of involvement, hence my decision. I hope and know that in the nearest future, I will be proud of the decision I am taking now. I intend Hodling my coins for a long time to avoid a repeat of my former tragedy.

Here are proofs to backup my claims.

reference: 20543928429965520896

You have started your investment journey at the right time, Bitcoin price was 48k a few days ago. Slow down from 48k to now 38k at this point if you can invest in your correct method every week then your ride will definitely be right. If you can invest your money quickly in Bitcoin at the right time, then in the next year . 2025, you can definitely increase Bitcoin by two to three times. Still the real advice is that you have made the right decision as the price of Bitcoin is sure to go up. Right now Bitcoin is waiting for halving so if you take advantage of the low price of Bitcoin before the Bitcoin halving you will definitely be successful.

It would be nice to get updates when members start these kinds of threads, and it might not even matter so much if they make some mistakes along the way, yet it seems that part of the problem is that members who make these kinds of threads have hardly any staying power and probably they end up selling or discontinuing their buying. I know people like this in real life too.. they have no ability to stick with something, even something as powerful as bitcoin.

I recall a thread in which one of the members had stopped some of his snaking, and he even had several follow ups and would have had been getting close to $100 per week invested into bitcoin, but he was doing that in 2021 when the BTC price went up and then down and then up and then back down as we know, and if guys were heavily enthusiastic in 2021, their holdings would have been in the negative for a large portion of 2022, and maybe even through most of 2023; however, at the same time, there would have had been a lot of fortune to continue to accumulate during those DOWNity periods, and perhaps even ended up bringing down their average cost per BTC.. and sure maybe even some mistakes would have happened along the way and maybe even ending up with relatively higher costs per BTC because of mistakes and maybe not buying during certain weeks that the BTC price was low (and depressing), but at the same time, a guy who started investing $100 per week in to bitcoin in the beginning of 2021 would have invested $15,700 and would have had accumulated 0.5524 BTC... so that person would surely be in a good position right now, even though there would have been decently extensive periods of time in which such same person would have been in the negative.