Quote from: Obab on September 14, 2024, 10:50:30 PM

Your experience shows that fighting emotion and temptation is very important when it comes to Bitcoin or any other long-term investment. The influence of family or close people, especially if they know our investments, can often influence our decisions. Many people are tempted to sell assets like Bitcoin to cash in on some immediate needs or luxuries, but you are right that this can be a big mistake.

Your strategy is now very realistic and intelligent. Holding BTC for the future with regular income and not selling it when needed, can bring big profits in the long run. Holding BTC for the future is not just looking at current price growth, but building a strong financial base.

Also, the way you manage life's essential expenses—such as keeping savings from a steady income source and making purchases without relying on investments—is a great strategy. This will allow you to keep your BTC or other investments safe for the long term, and fulfill your future goal of financial freedom.

Your thoughts and strategies can be an inspiration to many who often fall into small temptations and forget their long term goals.

I really appreciate it, if they want to learn from my experience, However, an investor has many bitter or sweet experiences but most of them don't want to reveal them. But that doesn't matter, the important thing is that they want to fix it so as not to repeat it in the ongoing investment.
I also checked your post history, Even the post I quoted is one of the posts you made on this forum, besides that it only contains application posts.
I think you should be able to improve yourself, be it the investment you make or improve yourself to discuss your approach to Bitcoin.

Quote from: freedomgo on Today at 04:53:21 AM

This reply of mine isn’t too technical, but I just want to remind everyone and add something important. Yes, we have plans to invest, whether gradually to hold for the future, but let’s not forget how to secure our holdings—that’s the most important thing aside from not panicking if the market dumps.

I came across a thread about this.

In need of help, got some of my btc stolen?

He was accumulating without realizing that his wallet had already been compromised, with several transactions, particularly withdrawals, that he didn’t make. So you see, hopefully, we can learn from that and prevent it from happening to us. Imagine holding onto bitcoin for 10 years through gradual investment, only to have it vanish in an instant.

Yes it is a mistake and an act of carelessness, but it is very important for us not to be reckless in opening any site. even better not to open it because of fear of there being a phishing link listed which will result in our laptop being infiltrated by Hackers.

Quote from: laijsica on Today at 09:59:54 AM

Yes, an investor should have the freedom to do so, but given the current stock market or most other investment conditions, investing in Bitcoin seems far more reliable to me. There must be an abundance of real assets, but if an investor tries to observe the future price trend of Bitcoin, it can easily be predicted that it will increase a lot. Many critics are seen running various disinformation campaigns on Bitcoin's upward trend but most of the time we see its price bouncing back. I can see if the young entrepreneur or investor at the moment tends to accumulate bitcoins on a regular basis, it can greatly benefit them in the future. That's when they realized how much Bitcoin could rise in value.

Of course investors have freedom because they invest with their own money and they decide everything about the investment they make. In this thread we only discuss ideas that are better applied in long-term investment, of course there is no coercion because everything is just an idea which can be judged by yourself whether it is important or not to learn. In fact, I think learning about what we don't know yet is the best way to approach bitcoin investment. An interesting idea from senior investors who invested in bitcoin earlier will be a valuable experience if they are willing to explain the direction of their success in holding bitcoin.

Quote from: Justbillywitt on Today at 01:23:58 PM

That's why long term investment is encouraged for all level of investors. I'm quite aware that long term investors actually see Bitcoin the way you described it here.

Bitcoin is the most valuable asset and I agree with your idea that bitcoin is worth holding onto until we are old.

Quote from: JayJuanGee on Today at 04:49:30 PM

In spite of ongoing attacks on bitcoin, it continues to outperform other asset classes, and surely there can be worries about the attacks and for any of us to be able to continue to be able to cash out bitcoin or to otherwise be able to spend our bitcoin, so it can be confusing regarding how to invest into bitcoin and whether to hold the BTC directly and then how to continue to ensure the existence of onramps and offramps, even while surely it would be even greater if there are more and more ways to directly transact with other bitcoiners.

You are right sir, many countries used to attack Bitcoin with their bad assumptions. But so far those countries are quite behind compared to the development or journey of bitcoin which has been going on for 16 years until now. Bitcoin is superior to other assets and it has even been proven in the real world.