Quote from: Tonimez on February 12, 2025, 08:58:35 PM

Quote from: JayJuanGee on February 12, 2025, 06:59:49 PM

Quote from: Sticky Bomb on February 12, 2025, 10:42:43 AM

Quote from: Mehmet69 on February 12, 2025, 07:44:05 AM

According to you, why should those who invested in 2010 withdraw cash next year? Did they just need profit?
I think they lacked planning rather than profit. Bitcoin investors always plan to start long-term investments. And most make mistakes after investing. They start investing but forget the next step. They feel that there will be no problem if they continue to invest with the current income. But they forget about the emergency fund. They forget the reserve fund. People forget that they are social animals. When living in a community, it is difficult to know what type of financial assistance is needed. They forget everything and start investing for long term. As a result, they can build a nice portfolio in a short period of time. But when they need some financial help, they have nothing else to do. So they are forced to break the investment. And it's been a tough time for investors.

Are you really accurate with your year of reference mate?

Of course those that invested into Bitcoin at 2010 have invested into it for 15 cool years and are already long-term investors and can possibly live off their investments.

Let's suppose someone who invested as little as $500 into Bitcoin as at may 2010 when Bitcoin was $0.01 or less, that person must have accumulated a whooping 50,000 BTC currently valued at $4.8bn, of course if that person have been holding since 2010 and never sold, then he should have every right to take profits and even live off his Bitcoin investments. It's quite a great fortune he's amased for himself.

You don't need to be so extreme in your example Sticky Bomb. These days guys (even in the west) could get into entry level fuck you status with merely 18.17 BTC. Of course, other parts of the world may not need that much, and even in the west a person might want to have a bit morecushion or a higher standard of living, but there is no need to suggest that a person needs anywhere close to 50,000 BTC, or 5,000 BTC or even 500 BTC to be more than comfortably in a kind of BTC level that would provide more than enough for sustainable withdrawal and living a pretty high standard of living, including 50 BTC surely could also be considered more than enough to rest assured.

Quote from: Marvelockg on February 12, 2025, 11:10:45 AM

Quote from: EarnOnVictor on February 12, 2025, 10:25:07 AM

I envy those who took the risk a few years after Bitcoin was created, they overcame the two qualities I mentioned earlier, they had the nerves to take the risk and they did not procrastinate. This is a lesson for potential Bitcoin investors, if you have the money, don't wait longer, otherwise, you will regret it.

we can't continue talking about the past when we have the present and future to deal with, to the best of reality, bitcoin is not going down and buying bitcoin at the present will position us in a good place in the future when bitcoin must have gone past this phase and range of prices.

even if we are not sure if bitcoin will in the future get to the kind of height it has gotten to at the present with respect to it time of little beginning, wailing about the past and refusing to buy while anticipsting the future will only lesd us to future regrets again.

You are correct. Fantasizing about the past seems a bit meaningless, as compared to guys figuring out their today strategies and then working on applying their strategies to their own real world circumstances and/or limitations.

One thing about worrying about the past is that we also miss the present and put the future in a big mess. Bitcoin is a mask-coin, in the sense that it can rise to ATH in a space of time. Knowing that you are accumulating for the future changes our approach to bitcoin investment and makes you feel you are not doing enough and will serve as puss to the investor.

Bitcoin going from 68k to over 100k in a space of less than 4 months is already a big source of hope to every investor both newbies and legendaries.

In no sense you should not call Bitcoin a mask coins. Bitcoin is a store of value and an investment. You don't need to worry about the past price of Bitcoin, you should consider current and future investments and deposit regularly. You can experience and be inspired by past values and use them to plan for the future. By investing in Bitcoin, you will not worry about the future. Bitcoin investment will provides you with a secure future. There is no need to show the need for a strategy different from your surrounding perspective when it comes to investing. Bitcoin should be accumulation from discretionary income and easily reach your desire point.
Desire point should be 4-10 years or more as your financial capacity.