Quote from: Gallar on November 18, 2024, 02:25:02 AM

That's right my friend, if we have the opportunity to buy bitcoin, I think we should continue to buy it. Because collecting our money in the form of bitcoin will certainly be something that is very promising and has minimal risk. I also have the intention now, while I still have income, I will continue to do DCA on bitcoin. So I will not set a price or when I will sell the bitcoins I own. Because if I have thoughts or benchmark selling prices that I will use for the Bitcoin assets that I own, it feels a little burdensome in my thinking. So for now I'm going to enjoy the DCA I did on bitcoin more. Because at first I was also going to sell bitcoin in the current bull run market, but I changed my mind and will continue to HODL the bitcoin I have until an undetermined time.

Then regarding bitcoin, recently I did a search on Google about the popularity of bitcoin and also the number of current users. Then the results came out, Bitcoin is now experiencing a very high increase in popularity, namely entering the ranks of the 3 most popular investment assets at the moment. Therefore, in my opinion, in the future Bitcoin could become the number 2 or number 1 most popular investment asset in the world. Because looking at its current development, Bitcoin seems like it will become a very extraordinary asset. So with this, we no longer need to hesitate to continue doing DCA into bitcoin.

Actually you can set a plan with DCA accumulation every week more consistently for long-term targets. If I look closely at the point you made where you are not mentally strong enough to hold bitcoin long term, I think you should be able to strengthen your mentality to face sudden market reversals. In long-term investment you must have a strong mentality, not panic and continue to buy regularly, your cash flow must come in every month so that the investment you make can run smoothly as you target.

Quote from: Promocodeudo on November 18, 2024, 03:53:17 PM

I love the zeal you got their buddy, Bitcoin future upsurge is unimaginable thats why it's advisable for everyone to keep doing the needful, sometimes I just wonder why some perons still doubt this digital asset called Bitcoin, Bitcoin has shown that it has the potential needed for it to be trusted, I stay away from anything that will discourage me to stop doing my thing as a bitcoiner, when I stumble on this comment yours I laughed and said in my mind that this should be the mindset of every bitcoiner thats aiming to have a good stack of Bitcoin in their portfolio in the future.
As for the adoption of Bitcoin, people has started knowing the importance of buying Bitcoin asset, some has been waiting to buy for a long time because of doubt but they have decided to buy now which is also fine but would have been better earlier because if they did earlier, they would have had a reasonable amount of Bitcoin in their portfolio by now but I don't also think that it's late since they have retraced steps.

Bitcoin is really getting more adoption, the recent rapid upsurge has really done great for the adoption of Bitcoin by individuals and institutions, I think this is a good news for bitcoiners, more surprises are on the way but they only way we can achieve that is by continuously accumulating and hodling for a long-term.

Bitcoin adoption will continue to happen and it cannot be stopped. Bitcoin has become the investment choice of everyone in this world, they continue to buy with the finances they have.

I predict that many countries will follow in El Salvador's footsteps in buying bitcoin, we know El Salvador buys bitcoin every day with an accumulation of 1 BTC per day, the United States will also do it in the future, Yes that's good news for wider adoption.

Quote from: Mayor of ogba on Today at 04:02:03 AM

You are sounding more like a trader than a long-term investor in bitcoin investment because, from what I have seen from your post, it shows you are in a hurry and worried that the bitcoin price is too high, which might not allow you to get enough short-term profit. You are still very early in bitcoin investment, so there is nothing for you to worry about bitcoin price hitting $100k if you are all in on bitcoin for the long-term. What you should worry about is how you will focus and consistently accumulate bitcoin in such a way that it will not stop you from sorting out your daily expenses, which might give you a hard time holding your bitcoin for the long term.

You may be wrong, I'm not expressing my opinion as a trader. I just use the time I have to keep buying bitcoin

I remember a saying, delaying is the worst thing.

For that, while I still have money, I keep buying bitcoin.

Imagine your cash flow stops at some point, and when your cash flow is running normally but you waste opportunities or keep delaying, of course that is an ineffective way to invest.