Quote from: Salahmu on September 13, 2024, 06:34:52 PM

Quote from: EarnOnVictor on September 13, 2024, 12:33:28 PM

2. Bitcoin's future has not been known yet, so why did you make it look as if your plan regarding it is of CERTAINTY? Professional invetsors don't think like that, they plan ahead and manage their risk. You think Bitcoin is perfect and will SURELY reach the moon forever without any challanges? You are a dreamer thinking that way, the best is to face the market reality and act based on the real-time behaviour.

If I may ask is it because of the belief that the future of Bitcoin is uncertain that's why you choose trading?, no offense but I think is a wrong approach having that perception on the future of Bitcoin, however you can have a flashback years ago how it all started when some persons was also scared of investing on it all because they believe that the future is uncertain and look were it has brought us and now will also become a flashback in the future when Bitcoin must have gone more far, so why don't you see it from this perspective.

Quote from: EarnOnVictor on September 13, 2024, 12:33:28 PM

3. The DCA approach is lovely but there is limit to what it can do for you if you do not help yourself. Try to strike the market and peak when other investors are selling maybe the DCA approach would help you.

Can you clarify me on the limitation you mean? Because even myself DCA is my strategy and I have not seen or ran into any limitation since I started using it, however if what you mean is accumulation pattern, actually it doesn't even limit you in anyway because if you have enough money you can still accumulate as many as you want or even considering the Lump sum strategy, so there is no limitation is just from the way you understand it.

I doubt that EarnOnVictor or the other guys promoting trading are doing as great when the BTC price goes into breaking upward periods, like it seems to be doing now, since they cannot really get the ups and downs correct, and then when the BTC price goes up, they are caught outside of their trade and with fewer bitcoin than they should have had.

Guys who have been DCA buying are doing quite a bit better in these kinds of times, yet of course, the DCA buyers don't really need to worry about short term profits anyhow, especially if he has a 4-10 year or longer timeline, he might not really be going to consider his potential selling options until 10-15 or maybe even further down the road, depending a bit on the accumulation circumstances and his having had met some of his own overall financial goals in terms of even other investments that he might have, too. I doubt that EarnOnVictor is going to give you any insights in regards to the kinds of techniques (that involve selling) in how that is actually going to give you any systematic kinds of ways to improve upon DCA techniques that largely focus on ongoing buying and various techniques to manage your cashflows... he might teach you how to get scared and how to value your BTC in terms of short-term cash that you might withdraw from it... but that's not likely to meaningfully help you as much as just holding your BTC in the long term and allowing time play its course, including your being able to actually increase your chances of feeling the power of compounding value that comes from long term holding rather than fucking around with trading, and getting deceived into thinking that you are investing and believing that you are going to be able to outperform DCAing.

Quote from: JayJuanGee on September 10, 2024, 04:15:19 PM

Quote from: Sexylizzy2813 on September 10, 2024, 07:49:14 AM

Quote from: JayJuanGee on September 10, 2024, 05:38:30 AM

[edited out]

And I don't seem to understand why you're not seeing or getting what I said about Bitcoin price not getting up to $60k before the end of September. I said Bitcoin price can't get up to $60k this month, and first of all is just a speculation and it may or may not happen but it doesn't mean $60k is my highest or something, that's what I feel, is my opinion. It won't be this month of September because to me I don't see any positive move that I'd say it will get to $60k and why make it look like I don't know what I'm saying,

I get what you are saying. You just said it again, which is that you think that it is close to impossible for BTC prices to go above $60k in September, and I already responded to what you said.

Hi @Sexylizzy2813.

How is your "bitcoin never going to $60k in September" going for you?

Hopefully with your arrogance and your cock-suredness, you did not fail and/or refuse to buy BTC in late August and/or early September while you were preparing for the dip that has not yet happened, and then the BTC price going in the opposite direction than you expected.. which truly is not unusual for bitcoin to go through these kiindsof price moves and not necessarily to follow dictates of the calendar year (if that was part of the reason for your being so sure), and frequently the exponential s-curve adoption aspects of bitcoin is a reason to ongoingly be preparing for UP, especially as a newbie who is likely in his first cycle and also likely has not already reached a status of overaccumulation, which would be one of the ONLY excuses for not continuing to accumulate BTC for any newbies, lowcoiner and/or no coiners who supposedly already knows about bitcoin.. When you know about bitcoin, you should be buying it until you reach overaccumulatoin rather than either employing waiting strategies, and/or failing/refusing to regularly be buying it.