Continue to maintain the Bitcoin that we already have even though the conditions have become a little different from before, because the price increase will return to Bitcoin even though currently there is a little price stability between the range of $60K to $61K more. And to expect $100K in Bitcoin, it seems like you still need a little patience for Bitcoin holders and for those who are having difficulty with the current drop in Bitcoin prices, there is no need to panic because the potential price increase in Bitcoin could still occur this year.
The 100k speculation even if achieved is not enough reason for any
low coiner to ever think of selling their investment, instead of panicking for any drop in price of Bitcoin is better you take advantage of it to buy more
Bitcoin at a more cheaper price, in the early part of this year, Bitcoin was at 40$, 45$, so seeing it at what it is today for me Bitcoin is doing pretty well and I don't see any reason or what so ever that worth panicking especially considering long term investment plan.
As I mentioned
in my other post, you seem to be using the term "lowcoiner" in a strange way. A low coiner should be considered more as a derogatory for someone who is not trying very hard to accumulate BTC, so the mere fact that you don't have enough does not make you a low coiner, at least from my way of seeing the term...even though literally, you are not incorrect... but still.. it seems strange to call someone a low coiner who might be being as aggressive as he is able to be, since you can ONLY accumulate as quickly as you can, you cannot do it any faster, without either gambling or putting too much risk into your situation.
Thanks alot for the more clarifications, indeed you are an eye opener you have opened my eyes and I can see a more clearer picture of what you are saying and considering the fact that it has always been your interest that we get the best out of what we are doing or saying, you are a good shepherd must say and I completely agree with you are saying, yeah calling someone who started his Bitcoin investment journey not quite long a low coiner isn't just because he is having but little quantity of Bitcoin isn't right as it can make the person to become overly aggressive such that it will affect his other living expenses
Mean while there is nothing can be more important as accumulating your Bitcoin comfortably without seeing it as a burden perhaps time is also needed in order to realize a good size of Bitcoin considering the income flow, hence every investor should only make that investment decision that will suits him without any form gambling or putting too much risk in to their situations. Thanks for the clarifications sir.
For sure any of us could come to disagree and even argue about these kinds of terms since literally you are not incorrect in terms of the low coiner idea, but I surely prefer to use that term as a kind of denigration in terms of describing someone who is purposefully holding back on BTC investing due to either not believing in bitcoin or being overly whimpy.
Sure, there can be BTC accumulators and guys who are new to bitcoin who choose to be more whimpy and/or conservative in their bitcoin accumulation, but I still would not label them as a low coiner, unless they were purposefully holding back on their bitcoin accumulation due to lack of belief or maybe some other reason that they are not believing in investing into bitcoin.
Like you mentioned, each of us needs to freely choose and/or figure out our level of aggressiveness, and none of us should be pressured into accumulating more quickly or less quickly than we believe to be in our own interests, and sure some of us are going to end up getting those kinds of preferences wrong.
We could also characterize a no coiner as either being lazy when it comes to bitcoin or maybe even against bitcoin, and so some no coiners might be somewhat innocent in their failure to get started with bitcoin, and so in that sense we could differentiate the no coiner from the precoiner, since the precoiner may well end up acting to get a bitcoin position and is not hostile or negative about bitcoin.
Another thing is that I have not come across any kind of good label for levels of accumulators, since so many folks do not have enough coins, so there are so many folks who have started with bitcoin and they are just in various stages of their bitcoin accumulation journey and so far the best that I have come across is that either they are various stages of whimpy or aggressive in their bitcoin accumulation strategy, so maybe in that sense so many might consider themselves low coiners, but they are not low coiners in the sense of not trying.. they are merely accumulating and ongoingly accumulating and hopefully making progress towards their BTC accumulation level target, and surely some of them might conclude (too early) that they reached their target, but then later come to realize that they don't have enough... so we do have a lot of variance - even between the differing kinds of accumulators and whether they have been accumulating regularly and somewhat slowly versus some folks who might have been able to front load through more aggressive means... such as lump summing or even front loading with higher levels of DCA and buying on dip amounts.
Yeah you are correct.
I think the people that are always more aggressive in there Bitcoin accumulation is we the newbies, there's this thing in us that always push us, we want to meet up, we have now seen or know how good Bitcoin investment is so we regret not investing all those years and we try to meet up by trying to be aggressive in our Bitcoin accumulation journey, and sometimes if not carefully followed can lead to our fall, I almost lost the little I aggressively accumulated that made me stop the aggressiveness, a lot of us the newbies get into Bitcoin and become aggressive in the investment and later lose everything and then become frustrated and then stop investing so we should be careful when being aggressive.
Before one can be aggressive in his or her Bitcoin investment he or she should have a strong emergency, reserve and float funds also known as back up funds so as to prevent he or she from dipping into his Bitcoin investment when there's an emergency or problem that needs to be sorted out with money.
A lot of guys come into Bitcoin and become aggressive and it won't affect them negatively, I heard of someone that used some part his inheritance to purchase a good number of Bitcoin and it didn't affect him negatively because he had other investment or properties, so before we do anything or choose any strategy when it comes to our accumulation we should think if the strategy will affect us negatively or not because if we make mistakes it will surely affect our investment.