Quote from: OcTradism on Today at 03:10:30 AM

Quote from: JayJuanGee on Today at 02:40:41 AM

Of course, there is an expression that you get bitcoin at the price you deserve, and surely some folks are going to end up having to buy at a higher price, or have fun staying poor, or die as a no coiner/low coiner.

Choices/actions have consequences, including choices not to get started (choosing to not act).

People in Bitcoin market and in other markets, have their fair prices for entries and exits. The exceptions are only for people who gambled with leverages and futures and only could choose their entry prices while most of their exit prices were decided by market squeezes, and position liquidations by exchanges.

Many times with a long term investment, you don't really need to plan your exit, especially if you might be looking 10, 20, 30 years or longer, so you might have some general idea about where you would like to get, yet with an investment like bitcoin you can transition into a position in which you are mostly attempting to employ some kind of sustainable withdrawal.. once you reach your accumulation (or overaccumulation) target. And, you might not exactly know what that target might be, except maybe might measure it in years of income.. so for example, you would like to get to a status that your bitcoin value (perhaps at the 200-WMA value) is 10 years of your expected income, then at that point you might feel that you are able to begin to sustainably withdraw from your holdings, and you are not really exacly how long it might take for you to get there.. perhaps 10 years or longer?

Quote from: OcTradism on Today at 03:10:30 AM

Otherwise, people are free to choose entry and exit prices and with this fact, I assume they all deserved with their actions in the market and prices with which they entered and exited the market.

You seem overly preoccupied with calculating your exit...it comes off as a trading kind of mindset and/or priority, especially since bitcoin is amongst the best if not the best assets known to man.

Quote from: OcTradism on Today at 03:10:30 AM

Buyers are happy to buy bitcoins from sellers because they see chance to get profit and otherwise, sellers are happy because they either take profit by selling their bitcoins or luckily cut loss or avoid loss before a possible market crash.

If we are considering whether or not to get into bitcoin, we don't need to do so from a trader's perspective. Surely there are all kinds of folks who trade bitcoin, and likely end up with way less bitcoin and way less profits than the person who focuses on accumulating bitcoin through consistent, persistent ongoing and perhaps even aggressive buying over a couple of cycles. Surely if guys are able to front load their investment into bitcoin then at some point they might be in a position to discontinue or to slow down in their accumulation. .and yeah, accumulation is best done through buying only.. not fucking around with selling since selling does not get you more bitcoin, but just puts you at risk of having less bitcoin.

Quote from: ancafe on Today at 03:11:22 AM

Quote from: Judith87403 on February 07, 2025, 06:58:49 AM

Those people who are saying that is too late to buy, when the price was still very much affordable where are they? Because I know that the reason why they keep saying that is due to the increase in the price of bitcoin. this set of people was also saying this when the price was around 50k, compared to now that the price of bitcoin have gone this far, is obvious that those set of people who is having this thought are not ready to go into bitcoin investment.

I think they need some space to figure out things for themselves, because the moment they realize the opportunity they have been missing, at this point they will just rush out to invest without even looking at the price.

This happens generally and even we will continue to hear such statements every now and then and even during the period when bitcoin has gained widespread adoption across the country. The only concern of people in the journey process is because it concerns the price fluctuations but they do not do research on the journey of bitcoin in the market so they have no view on the journey of bitcoin. A group of people who say it's too late will continue to be left behind and they will always be late to join the race to achieve better financial capabilities.

At some point they will understand that it does not provide any conclusions and will even feel regret for not starting earlier. We will learn from mistakes but those who do not dare to leave their comfort zone will never have the opportunity to invest in bitcoin and perhaps excessive fear will actually hinder them from developing.

It probably takes many folks at least whole cycle to start to feel comfortable with their bitcoin investment, unless they are able to front load, and even a whole cycle might not be enough to start to feel comfortable, but going through a whole cycle of accumulating bitcoin will likely put a lot of people in way better positions as compared to sitting around and not doing anything in regards to getting a bitcoin position.