Quote from: adultcrypto on Today at 09:55:55 AM

Quote from: Wind_FURY on Today at 09:03:06 AM

I believe that the first phase, YES it was the first, of the bull cycle is done. This means that the SECOND phase will begin! The current price levels are in a zone where everything is still believable. But by the end of this phase prices will be absolutely and utterly in complete INSANITY.

EVERYONE who has been accumulating and HODLing their Bitcoins will be richer by the very end of the bull cycle. FASTEN YOUR SEAT BELTS AND BUY EVERY DIP AND HODL.

I totally agree with you and thanks for raising this thread. I think many people now appreciate the importance of HODLing because these past months have been the greatest eye opener to people especially those coming from the angle of trading for quick profits and those who felt that bitcoin is expensive hence decided to be seeking the next bitcoin to buy so they enjoy pumps in multiples of their investment. Now we know that bitcoin can be used to build wealth and it can also give those multiple profits because from 2023 till now, bitcoin have done over x4 which is massive 400% profits. If this is not a huge gain for investors, I don't know what to call it but as for me, this is enough profits already.

Once again, lets continue to buy every DIP the market presents because the future is looking so great for bitcoin because we are entering the year that history will be made in bitcoin and we also know that there will be so much uncertainties and volatility in the market. Therefore, preparations is important and the best of it is to buy more bitcoin and HODL.

Our current price appreciation likely should show the newbies that there are advantages in regards to stacking as much BTC as you can and as soon as you can.. so then you are not so worried about what to do when you mostly have already been stacking, and if you had already gotten to one year's worth of income/expenses in bitcoin, then if bitcoin does a 10x price appreciation, then we end up with 10 years worth of our annual income/expenses in bitcoin..

But yeah, if we are not able to get as much invested, then we do not get as much advantage from the compounding effect.. even though surely personally, I don't try to get too caught up upon the spot price in terms of valuating my own BTC holdings.

Quote from: Litzki1990 on Today at 02:01:06 PM

Quote from: xbartoni on December 15, 2024, 03:21:35 PM

In the world of cryptocurrency, Bitcoin has changed its course in a way that no other online company has said: Google, Microsoft, Apple, Amazon or Nvidia has surpassed everything. Bitcoin is new but its depth is much greater, which we will see with the passage of time. Various scholars and political, economic and even governments of different countries have predicted this about Bitcoin. Bitcoin will give investors the highest ATH in a while, which will also start an unforgettable chapter in the world. I think that Bitcoin is more valuable than gold, the way people all over the world are discussing and reviewing Bitcoin, not only gold but also other famous online companies are getting shot at. So I think we need to continuously invest in Bitcoin and it has to be for the long term.

If anyone could have predicted that the price of Bitcoin would reach such a point, I think everyone would have invested in Bitcoin and even those who didn't have money would have managed money and invested in Bitcoin. But that's the fun of investing that you can't really predict which way the market will go.

Risks must be taken and those who took risks and did not care too much about money managed to reap profits far beyond expectations. Looking at the discussion in different sections, it is clear that some are sharing their moments of happiness with so much profit in their investment and some are expressing their disappointment that they could not invest. It's different for someone who doesn't know about investing or who doesn't have enough money to invest, but someone who had enough money to invest and someone who knew about investing but only waited for the market to come down will surely regret the missed investment.

But for those who still think they are missing out on big profits, I would say that the market will either dump or pump from the position it is currently in, but we don't know, so we have to invest with the same amount of risk as before.
It may be that now the market is at the highest position so I did not invest but from this position the market went higher and if we missed this opportunity we would regret more.

Since you have been around since 2017 @Litzki1990, it is likely that you have had time to accumulate BTC over the past 7.5 years, as compared with someone who is newer to bitcoin. The newbies may well need to just stack bitcoin for at least a whole cycle without looking at price before they become too sensitive to various BTC price movements.

Quote from: Litzki1990 on Today at 02:01:06 PM

Quote from: Samlucky O on Today at 01:48:00 AM

Bitcoin is totaly decentralized and transparent not only that, but also limited in supply which makes it relatively scars. Bitcoin is not only a currency but a utility or asset one must have. These are the main important thing about bitcoin that makes it unique over other assets and this is the more reason people needs to buy and hodl for a longer time because Bitcoin is a revolution that almost everyone needs to be a pataker it.

Bitcoin is currently the most valuable and most popular digital currency. But when this Bitcoin first came to the market, people were not very interested in this Bitcoin.
How worthless this bitcoin was to people at one time, we can learn from the case of buying two pizzas with 10 thousand bitcoins. It was perhaps one of the greatest follies in the world.

If Bitcoin can come from that position to this position, then I can confidently say that five years or 10 years from today, the Bitcoin market can grow several times more. Should we actually trust Bitcoin? We cannot get serious about investing until we have confidence in Bitcoin.
Maybe currently the money will be a bit risky but if the investment can be planned for long term and this investment can be maintained for a long time then I believe that one time this investment will bring more profit than expected to every investor.

You make some decent points Litzki1990... Largely guys have to figure their BTC position size in light of their confidence about bitcoin, and perhaps weighing their concerns about bitcoin.

Quote from: MusaPk on Today at 05:39:41 PM

Quote from: coinlary on December 15, 2024, 05:06:59 PM

[edited out]

Weak and strong hands are in every trading market and crypto is not a different thing. Everyone has it's own way of investing in crypto and there is no standard technique that is considered to be correct. Everyone has to figure out what suit him in getting desired number of Bitcoins. First we need to get to our desired number of Bitcoins then one can follow JJG Sustainable Bitcoin Withdrawal Strategy

There is nothing wrong with anything that you said, except we are not talking about crypto (or shitcoins), so I don't see why you feel as if you need to use the term crypto, especially if you might be referring to bitcoin... Are you referring to bitcoin or something else? Investing and long term holding and even DCA does not work with shitcoins, since you have to figure out your in and out strategies, and that is not the case with bitcoin. Why not use the word bitcoin? Do you not know the difference in the choice of your words? You are the one that chose to use that crypto term rather than bitcoin, and if you meant bitcoin, why did you not use the word bitcoin if that is what you meant?

Regarding my sustainable withdrawal ideas, it should be clear that it can take guys a while to reach such a point that they are ready to employ such withdrawal strategies since they need to accumulate and/or overly accumulate bitcoin first.. which an overwhelming majority of people do not have any BTC or even close to enough BTC..and for sure, my sustainable withdrawal ideas would also not be applied to shitcoins.