Quote from: Ricardo11 on Today at 01:50:04 PM

Quote from: CageMabok on Today at 01:09:47 PM

Quote from: Powerjumboo on January 15, 2025, 05:01:10 AM

My journey in the Bitcoin ecosystem is not very long, but from the Bitcoin forum and the advice I have received, I think it is still a good time to buy Bitcoin. If I had enough money, I would buy Bitcoin and hold it. Since I came, I can see that Bitcoin is constantly increasing, maybe there will come a time when the price of Bitcoin will be very high, then I may have to regret it.

No need to regret it when you see the price of Bitcoin that is getting higher because you can immediately buy it when you have some money that you can use for it. And now you or anyone else is also not too late to continue making purchases on Bitcoin with their own money because from several cycles that I have seen, Bitcoin always increases by making a new ATH after a price correction in the market. So you don't need to have regrets about the price of Bitcoin because when someone can afford to buy the best asset like Bitcoin, they should be proud even though the amount may not be much because it depends on the level of each person's ability.

We have been discussing this issue for a long time that Bitcoin will start pumping at any time, and if we look at the current market situation, Bitcoin has already been pumping, this pump was possible after Trump's inauguration, but it has started pumping before that, And the current price of Bitcoin is $102K+, So then Bitcoin can pump even more after Trump's inauguration, according to the current market situation, it is possible that Bitcoin can exceed $120K after Trump's inauguration.
So those who have not started investing yet should not regret it but learn from it and prepare better for the future, and start investing in DCA regularly from now on without delay. Bitcoin will continue to be valuable in the long term, so invest with a long-term perspective instead of thinking about short-term gains. Long-term Bitcoin holding will definitely lead the investor to success.

Even though there are not guarantees in bitcoin as you seem to be proclaiming Ricardo11, if someone does not have any bitcoin, then the only way to prepare for UP is to buy some, and if they feel that they don't have enough bitcoin, then the best way to prepare for UP is to buy more.

Surely no one feels good buying on a pump, yet there still is no way to know whether the BTC price is going to dip or not or come back down to current prices or to go back below $100k, as many folks would have had accumulated bitcoin under $100k, yet we cannot know if BTC prices will go back to those levels. We cannot turn back the clock, and sure the best time to buy bitcoin would have been yesterday, yet the next best time to buy bitcoin is today.

Another thing is that an overwhelming quantity of people have to figure out from month to month what their bills are and how much money that they might have left over today for investing into something like bitcoin, and surely it would make sense to allocate some amount of money into bitcoin that they have today and on a monthly basis, and perhaps even buying bitcoin every week - especially for folks who do not have any bitcoin or even for folks who don't have enough bitcoin. Each of us has to determine our financial and psychological status, and the fact of the matter remains that only a minority of the world's population (perhaps somewhere in the ballpark of 1%) own any bitcoin, so it seems quite difficult to presume that any of us is too late to bitcoin, even if the BTC price might seem high today relative to what they were yesterday, that is for anyone having any clue that it is quite likely that more and more of the population is going to need to get involved in owning some bitcoin - even though there are some entities, institutions, governments, rich people and even early adopters who are coming to bitcoin with goals of wanting to greatly front load their purchase of bitcoin in order to hold large quantities of bitcoin, way disproportionately to their proportion of the BTC that is available.

Not everyone is capable of frontloading their investment into bitcoin, yet surely some folks are capable to garner up funds from various sources, and perhaps they have other investments in which they can reallocate into bitcoin, yet it still could take some time to identify funds, fund sources and to take certain actions to buy bitcoin with some of those other sources, including sometimes there can be ways that individuals are able to increase their discretionary income by increasing income and/or cutting expenses, and some of those could be personal choices in regards to priorities and where people might be in their lives, and surely there are young people who might not be in a great position to invest financially into bitcoin since they are still in the early stages of building their job skills and/or their networking so that they might be able to earn more income at later points in their lives, yet they still may have some time to allocate some time and energy into bitcoin even if they might not have great financials and might even be needing to allocate finances (or perhaps even go into financial debt) to try to increase their potential for greater earning power at a later point down the road... and in the meantime they may or may not be in a place of being able to fit bitcoin in their current life situation.. or perhaps they might have to rethink their life situation if they believe that there might be some room for bitcoin in their time, energies and value balances).

I saw a lot of posters in this thread proclaiming that there might not be as much room for bitcoin prices to go up, since BTC prices had gone up so much historically, and perhaps even presuming that there might be some better places to put value in terms of where your value might potentially appreciate more -.. .and presumptively accounting for both upside potentials and downside potentials of any of the allocation location choices - and surely a lot of those claims come off as nonsense for anyone who is actually realistically assessing the true scarcity of bitcoin or bitcoin's value propositions or even perhaps spending some time to try to learn what bitcoin is as compared to other places in which a person might be considering allocating time, energies and value, and even a lot of forum members can make their own self-assessment and realize that they don't have enough bitcoin, and so surely they do not have more than enough bitcoin, which truly everyone should be buying at these prices or at any BTC prices until they reach a status in which they can assess that they have more than enough bitcoin.. and so each person is on your own, even if you make dumb assertions that it is too late to get into bitcoin and even if you believe that you are going to wait for BTC price dips that may or may not end up happening.

Another thing with bitcoin is that if you are able to figure out that your investment timeline is 4-10 years or longer, then perhaps you have to put your head down and just accumulate bitcoin for 4 years or more before you are trying to figure out if the price is too high or not and baloney assessments in regards to considering that you might be too late and nonsense like that... but yeah, each of us is responsible for ourselves, including if we continue to remain a low coiner or a no coiner instead of keeping our heads down and accumulating as much bitcoin as we can every week until we can clearly assess our own situation in terms of having more than enough bitcoin, and once we reach that status we can figure out how we might switch our focus away from ongoing, persistent, consistent and perhaps aggressive BTC accumulation.

Maybe if any of us is not able to commit towards investing into bitcoin for at least 4 years, then we might be merely considering bitcoin as a trade rather than an investment, and yeah, people can do what you like, yet if you cannot commit to bitcoin for at least 4 years then you are likely trying to play some kind of a price wave and you are trading and/or gambling rather than investing, and surely I personally don't recommend trading/gambling bitcoin, yet people are truly free to do whatever they like, even dumb and risky things... and it still could work out, even if I am not personally recommending anyone with less than 4 years to be getting into bitcoin in any kind of a meaningful way beyond their perhaps lower kind of allocation regarding an amount of value that they might trade or gamble rather than invest. My point of view is that bitcoin happens to be amongst the best, if not the best, investments available and so it seems a bit short-sighted to be wanting to trade/gamble with it.

By the way, our assessments about whether various governments are going to accumulate bitcoin or not (whether local or national governments) or various other entities establishing reserves in bitcoin, and more and more avenues being made available for rich people, institutions and governments to buy bitcoin through ETFs and in related ways, and so yeah, we (no coiners and low coiners) can sit around and ponder about whether bitcoin prices might be too high or not at this time, and in the mean time, if we are no coiners and/or low coiners, then by definition we don't have enough bitcoin..

So frequently normies can become their own worse enemy if they cannot even recognize and appreciate that the ONLY way to prepare their own selves financially and psychologically for UP is to actually buy bitcoin, even if the BTC price might later correct back down to lower prices. We are not prepared for up if we happen to be a no coiner or a low coiner, and if we are ONLY prepared or preparing ourselves for one direction (which is down), then we likely are not adequately prepared since we are not preparing for either direction and we are ONLY prepared or preparing for one direction (which is down), and we likely will ONLY have ourselves to blame if we are looking back 4-10 years or longer down the road and acknowledging that we could have had been accumulating bitcoin with a wee bit more aggressiveness than we were back in the early 2025-ish time lines..and if we started out whimpy or we just decided to wait or to otherwise not do anything. At each point, we have to assess for ourselves, and surely if we don't know and we are not comfortable, then perhaps we start out investing into bitcoin with very small amounts as we are assessing the situation in order to put ourselves in a better position to increase the level of our bitcoin accumulation aggressiveness and perhaps blind ourselves to our first 4-10 years or more of our accumulating our bitcoin holdings and building our bitcoin stash, which frequently can take people years and years and years to build any investment portfolio stash, whether referring to bitcoin in the investment portfolio or an other assets that might go in there.