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Quote from: SuperBitMan on November 28, 2024, 08:15:23 AM

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Bitcoin is still the way it is, by the way when is selling one's Bitcoin now becomes a wrong thing to do if you have accumulated enough Bitcoin and you wish to start selling there's nothing wrong with that, there are people who has accumulated enough Bitcoin and they now sell and use the money for there weekly or monthly expenses.

Yea you are right, it's never a wrong thing to do, but it's a terrible decision making right now, especially in this time and value of Bitcoin that it's still in it early days, you might argue that anyone is entitled to sell his or her asset what ever and when ever he pleases, yes it's true, but not at the detriment of living with a regret the rest of your life.

We are still in the early days of Bitcoin, and with the kind of potential it possesses, it has the capacity of going up to a million dollar in the future, so if you sold yours now, how will you feel if Bitcoin later went up to a million dollar?
It's left for you to answer.

Then lastly, how much impact do you think by selling off your Bitcoin holdings now would be on your finances?
Can it change your financial status forever? If yes, then it's worth it, but if No, then it's not worth it.
Our decision making is what defines and separate the rich and the poor.

Yes, I agree with you, the future potential of Bitcoin is such that it can permanently change the financial situation of a Bitcoin investor, yes, at this time almost all of us know that Bitcoin has the potential to become $1m in the future, and it will happen at some point.
Our decisions determine our future. Those who did not believe in Bitcoin and walked away from Bitcoin 4 or 6 years ago, are regretting it a lot right now. And in the same way, those who will walk away from Bitcoin without believing in Bitcoin, will regret it a lot when Bitcoin reaches $1M, and will be tearing their hair out, because it was a life-changing opportunity for them.
Anyway, that opportunity is not gone yet, so take advantage of the opportunity while you still have time, because once this opportunity is missed, you will have to spend the rest of your life regretting it, and you will never be able to forgive yourself for not believing in Bitcoin.

Some time ago I heard a story of a man who committed suicide on seeing Bitcoin where it is and he felt he sold way too early and this is simply because he never believed much about Bitcoin, he killed himself with a written note left behind for his family where he made it clear that there could be no other way he can make it as big as what he has missed except through Bitcoin, he gave up on life and killed himself out of guit and regret, i know how painful this could be but I know it doesn't worth killing oneself, most times it becomes very hard to forgive yourselves when we make certain decisions and regret later, surely there must be a strong foundation based on a personal believe for anyone to hold Bitcoin over a long time.

One great thing about bitcoin is that it open to anyone around the world, and if we had not invested earlier than we can start to invest now with an amount that we consider to be reasonable in accordance with our circumstances.

Sure it might take 4-10 years or longer to build our bitcoin holdings up to a significant size and to start to feel that we are starting to make progress, yet one of the good things is that we are still early to bitcoin even though investments still have a tendency to take time even if we might be investing in a prudent way, yet at the same time persistently, consistently, ongoingly and perhaps even in an aggressive way with the prudent bounds of our own finances and psychology.

So, anyone feeling like a low coiner or a no coiner, get started and invest regularly and perhaps 4-10 years or more down the road you can reassess to figure out how much your ongoing investment into bitcoin might have had helped you to potentially have more options as compared with if you had not been investing into bitcoin.

Not everyone can be saved by outside circumstances, so in that regard, it can be beneficial to identify a great investment like bitcoin and then to figure out some ways that we can help ourselves to get a better place with the passage of time and ongoing, persistent and consistent buying actions.

Am always proud saying this because am enjoying the beauty of it, I had no knowledge about Bitcoin until late last year December when I joined the forum, the little that I know today about the potential that Bitcoin holds all started here, I came in when Bitcoin was around $40k, $45k, the tremendous and massive wider spread adoption and increments in value in my very eye is nothing that I can joke with, perhaps I wouldn't want to be among those old stories of those who knew Bitcoin earlier and failed to maximize the benefits of identifying such great assets class like Bitcoin. Surely, Bitcoin still has a long way to go and of course I know patient is all we have gat to establish our belief system.

You enter or get involved with Bitcoin at a price of 40K-45K if I'm not mistaken it will happen in 2022 around March or April and if you buy Bitcoin at that price then you have already made a profit of 2x the price.

And that means you have only been running it for 3 years because we are almost approaching 2025 and that is enough time for you to know that Bitcoin really provides extraordinary benefits in the long term and that will be your motivation to continue holding and also continue to collect more Bitcoin by doing DCA so that you can get much greater profits in the future and that is truly an extraordinary beauty that must be utilized to the fullest.

And for the issue of growth or adoption of Bitcoin, there is no need to doubt it because its traces will never stop and this is what we must know very well that the adoption of Bitcoin cannot be stopped which will continue to make the price of Bitcoin rise which will never stop.