Quote from: JayJuanGee on March 16, 2024, 06:02:58 PM

Quote from: Upgrade00 on March 16, 2024, 03:06:04 PM

Quote from: JayJuanGee on March 16, 2024, 02:45:54 PM

1) whimpy low coiner

2) sufficiently aggressive low coiner

3) an overly aggressive low coiner

A lot of investors today who are number 2 started off overly aggressive and bought into the different altcoins that promised to be the next Bitcoin. Likely, they entered the market during a bull run when crypto was at the top of everyone's lips like in late 2017 and dives right into the ICO bubble which was growing larger everyday.
After getting burnt a couple of times and losing some money, maybe gaining some more, but over the next couple of months they moved towards more stable coins like Bitcoin and aggressively went into it, moving most bb their profits from other investments into it.

The first guy usually stays the same.

"The first guy usually stays the same."

Interesting point. I consider the whimpy low coiner to have potential, since he has already acted.

We have such a common problem with the no coiner who fails to act, and so maybe there are different kinds of no coiners too.. but a low coiner has gotten further than any no coiner who has failed to act. We know that another term for no coiner is pre coiner, yet there are still some who might be teetering upon having interest in bitcoin and others who don't really invest into anything until everyone they know and their dog is doing it, and then they join.. yes those ones are maybe the laggards.

There are many distinct types of people who use Bitcoin. The "no coiners" you refer to may just be uninterested in investing in anything, or they may be suspicious of Bitcoin in particular. "Pre-coiners," as you describe them, may be interested in Bitcoin but not yet ready to purchase any. And "laggards," as you call it, may need to witness widespread use of Bitcoin before investing in it.
I think the cause for these various emotions from people towards Bitcoin is fear of the unknown and a lack of trust and confidence in Bitcoin, and these people truly need help, education is crucial when it comes to helping people feel more comfortable with Bitcoin.

Many people could have misconceptions about Bitcoin or just do not comprehend how it works. People may be more willing to invest if they are given clear and factual information about Bitcoin, its history, and its potential. Furthermore, I believe it is essential to highlight Bitcoin's numerous applications outside investment. For example, Bitcoin can be used for remittances, cross-border payments, and even as an inflation hedge. Focusing on these practical applications may help people see Bitcoin in a different way.

Quote from: JayJuanGee on March 16, 2024, 09:43:26 PM

Quote from: adultcrypto on March 16, 2024, 07:38:59 PM

Quote from: I_Anime on March 16, 2024, 06:38:34 PM

Quote from: JayJuanGee on March 16, 2024, 06:02:58 PM

Quote from: Upgrade00 on March 16, 2024, 03:06:04 PM

Quote from: JayJuanGee on March 16, 2024, 02:45:54 PM

1) whimpy low coiner

2) sufficiently aggressive low coiner

3) an overly aggressive low coiner

A lot of investors today who are number 2 started off overly aggressive and bought into the different altcoins that promised to be the next Bitcoin. Likely, they entered the market during a bull run when crypto was at the top of everyone's lips like in late 2017 and dives right into the ICO bubble which was growing larger everyday.
After getting burnt a couple of times and losing some money, maybe gaining some more, but over the next couple of months they moved towards more stable coins like Bitcoin and aggressively went into it, moving most bb their profits from other investments into it.

The first guy usually stays the same.

"The first guy usually stays the same."

Interesting point. I consider the whimpy low coiner to have potential, since he has already acted.

We have such a common problem with the no coiner who fails to act, and so maybe there are different kinds of no coiners too.. but a low coiner has gotten further than any no coiner who has failed to act. We know that another term for no coiner is pre coiner, yet there are still some who might be teetering upon having interest in bitcoin and others who don't really invest into anything until everyone they know and their dog is doing it, and then they join.. yes those ones are maybe the laggards.

yeah you are right and thanks for the clarity of different low coiners, but recently I think I'm among the category of the second one, but at first I was among the category of the third one , overly aggressive low coiner , because at that time I involved my self in a of scheme, like trading and involving myself with alot of shitcoins thinking they would make me rich quick and earn me some goot profit, but at the end they did the opposite, got me reckt and I got to learn the hard way. But ever since have been gaining more knowledge about how Bitcoin investment or holdings works . I now find myself being among the sufficiently aggressive with the help of sir @JJG and some other users in this forum I'm now able to Accumulate bitcoin and same time manage my financial situation.

I think this post now add clarity to how I felt mid last year. I was indeed number 2 and I'm glad I was as it made me cover up some gaps by combining both the DCA method and buying the dips. As someone who did not start building my bitcoin asset early, it was not a good feeling realizing that we were a year to bitcoin halving, and ETF approval where it was expected that Bitcoin will make a new all time high yet I did not have a good bitcoin portfolio. This was what motivated me to suspending a lot of activities costing me money and channeling those funds to Bitcoin. I achieved my target anyways but not as much as I would have achieved if I started investing way back in the bear season.

I believe that we already discussed that sometimes there can be some early initial goals that are set and then when they are achieved, then they spark the setting of newer goals that might be related but they are slightly different based on our new circumstances, including our assessment of BTC's price performance during that time, too.

Our goals and motivations have the potential to change and evolve over time, especially with something as dynamic as Bitcoin. True, as time passes, we may realize that our initial goals have been reached and that we now have other, related ambitions to pursue.
There are various ways in which a person's motivation for investing in Bitcoin can shift. For example, perhaps when they initially began investing, they were primarily concerned with the potential for profit. Over time, users may discover that they are more interested in the technology and community surrounding Bitcoin, rather than the prospect for financial gain.
Alternatively, they may find that their initial goal of accumulating Bitcoin has shifted to a goal of using Bitcoin to make purchases as well as other purpose.

Another fascinating way for someone's Bitcoin investment intentions to change is if they grow more interested in using Bitcoin to support causes that are important to them. For example, many charities and non-profit organizations accept Bitcoin donations. So, a person who started investing in Bitcoin just for profit may discover that they wish to utilize their Bitcoin to support a cause that is important to them. Alternatively, users might use their Bitcoin to invest in initiatives that are built on the Bitcoin blockchain, such as decentralized finance (DeFi) or non-fungible tokens (NFTs), so many others.