Quote from: Ruttoshi on January 27, 2024, 03:39:35 PM

Quote from: ultrloa on January 27, 2024, 08:07:49 AM

That's why aside for long preparation and having a emergency fund set much really better if we are also aggressive learning a lot of information needed before investing on bitcoin so that we can save up ourselves to any negative possibilities and we would not easily get affected if there's fud scattering then here we are having a lot of bitcoin holdings since we provably lose with that if caught up by fuds spreaded by some people who want to destroy the patience of people trying to hold their coins for long time.

This is why you must have the believe in bitcoin before investing. Also having a bitcoin target and staying focus on your consistent and persistent accumulation through DCA weekly or monthly is very important as a newbie and you need to turn deaf hears on whatever anyone is saying against your passion of holding bitcoin. There are so many news that one will hear and so many discouragement during your accumulation stage, but let that not distract you from reaching your goal. If you also see bitcoin as a lifetime investment, and will be passed down to your children, this will even be better because you will not get carried away with FUDS.

Before doing any work we must have enough faith in that work. If we don't have faith in work then we can never do that work self-sufficiently. If we invest in Bitcoin but do not trust Bitcoin or trust Bitcoin then our investment will not be self sufficient at all. It is more important to believe in the investment first before investing. First trust then plan which method or strategy to invest. If one can invest according to that plan by planning with faith, then that investment is definitely good for an investor. Before doing any new work, if someone says something negative about that work, then that remains in our brain and no matter how many positive things we hear about that work later, the negative things we heard first will remain in our head. You don't need to care about what others say when you are starting out. You have learned enough and you have decided to invest in Bitcoin because you have learned to understand, so stick to your decision without listening to what others say. If there is faith in oneself and if there is confidence in one's decision then no external obstacle can stop an investor so one should always try to give importance to one's decision.

Quote from: Ruttoshi on January 27, 2024, 03:39:35 PM

One thing that I love in bitcoin, is that the more you are hodli and accumulating, the more you will begin to understand that if bitcoin dips, it will definitely bounce back due to your experience in market. I could remember that @JJG said that during his early days of accumulation, people made fun of him that he is wasting his time and money that bitcoin will crash. He even said that when bitcoin price got high in the bull run, someone I don't know how close the person is to him, though, told him to sell all and take profit but he refused and the person called him a fool, but look at it now he has grown his bitcoin portfolio to the maintenance stage now, who knows if he has reached the fuck you status.

There is a class of people in the society who will criticize your work at first but when you succeed in that work, those who criticized will appreciate your work. What people of this class of society said should not be given any importance. This class of people should not be given importance because their job is to criticize the work of others and if someone ever starts a good work to make bad comments about it. If you think your decision is right then you don't need to listen to other people's words or comments. If the Bitcoin market goes down, it will go up again, maybe it will take some time, but we will wait for that time. What's the point of investing if you can't wait?
We have to invest with enough faith in the investment and if the market comes down then wait and if we wait for a long time then hope that the Bitcoin market will not disappoint an investor at all.

Quote from: Ruttoshi on January 27, 2024, 03:39:35 PM

Don't listen to any news or anybody when you are investing in bitcoin because a lot of people will discourage you from the media, friends and family but just stay focus and when you have grown your investment to your bitcoin target, you will see them as that fool that you were seeing you as in the beginning. It is your choice to decide if you will listen to fud or not.

I have invested in Bitcoin and if I tell my friends, family or relatives about this investment and if I don't get any help from them then why would I tell them these things. If I share these things with them, it may harm me, but I will not gain anything, so why tell others about my investment. It is definitely safe to do these things confidentially and if a private friend or relative comes to know about the investment, then there is no need to discuss the investment with him. Someone close to you knows that you have invested and if he criticizes about it then totally stop discussing it with him and if he wants to know about investment then discuss it with him if he is interested in investing. Depending on how the person is behaving or how the person is asking you, you will answer the questions of the person you are talking to.

Quote from: ginsan on January 27, 2024, 08:42:31 PM

Logically, if you want big profits then hold onto your Bitcoin. Yes, previously we discussed Grayscale and I don't care whether they want to sell BTC or hold it, but we have our own principles to continue accumulating Bitcoin. Let them sell or buy and that's their right because it's better that they sell everything so that other people have the opportunity to buy BTC at a cheap price. So far this thread has been mixed up with ridiculous things about them and that's no reason to think about what they will do.

Bitcoin is already standing quite strong and any big dump is not able to make Bitcoin go to Zero. So if you have a logical conclusion to accumulate btc in your portfolio then do it and just follow what you have planned. Many people are waiting for low prices so don't sell your BTC to them, hold on for a long time so you will see great success in the Bitcoin investment you have made.

Those who invest for a long period of time have the objective of reaping huge profits from their investments. An investor holds his investment for a long period of time with the aim of earning large profits. Investing means making money by using that money. Those with low expectations or those who are satisfied with little usually trade with different coins, but those with high expectations and who are ready to leave money for a long time decide to invest for the long term. By investing, I have understood that the longer I hold my investment, the more likely I will get profit from that investment.