Quote from: ancafe on Today at 03:12:53 AM

Quote from: JayJuanGee on February 14, 2025, 04:05:57 AM

Hopefully, if you made mistakes along the way, and you had not been able to learn your lesson in regards to regularly buying bitcoin (perhaps on a weekly basis), then you will learn to do so, and build up your stack, and hopefully, you also have the advantage of having had been able to stack some bitcoin over the past more than 9 years, even if you might have had a tight budget.

I did a glance at some of your historical posts and I see that you have been fucking around with shitcoins, so maybe you have not been focused on bitcoin, and hopefully you are learning your lessons from getting involved in that crap and diluting your ability to invest in bitcoin because of your having had been distracted into shitcoins.

And the truth is I made a lot of mistakes in the past that getting involved in the shitcoin journey didn’t do anything for me and I realized to learn to be more open minded so that bitcoin became an investment option. It’s okay to make mistakes because I believe we need to make a mistake or two to make our lives better and through those mistakes I realized that bitcoin was a smart move to start making money in a more certain way.

People will become more mature in making choices based on experience and I am sure that almost many people have made mistakes by utilizing shitcoins initially, but over time we realize that this view must be changed and we must look for something that can lead us to achieve financial freedom.

I doubt that I am blaming you for making mistakes. Many of us make mistakes, yet sometimes we cannot identify that we still might be in a bad kind of mindset, so we keep making the same mistakes over and over, and staying involved in shitcoins or can's stop trying to trade bitcoin, which can be some of those kinds of mistakes that are hard to get away from continuing to make.

If you have some bitcoin, then you are still at an advantage over people who do not and over people who are still learning about bitcoin, so you are at an advantage of identifying bitcoin to be a good place to focus on putting any extra value that you have, but you still might need to get out of your trading mindset and also get out of your shitcoin mindset and focus on accumulating bitcoin for one or two cycles or however long it might take to build your bitcoin portfolio up to a point that you have more than enough.

It takes a long time to build up an investment portfolio 4-10 years or longer, and surely folks have had gotten lucky in bitcoin, since as I showed in my example a guy investing into bitcoin as little as $10 per week over the past 9 years could have had gotten around 14 bitcoin by now, and so there is no real evidence that bitcoin's investment thesis is getting any weaker, even though perhaps some of the upside potential might not be as steep as it had been in the past, but even in the past, we might not have had know that $10 per week could have had put a guy in such a great place in regards to his bitcoin investment either.

Prior to March 2020, I used to recommend that people get off zero and invest $10 per week into bitcoin, yet ever since March 2020, I have been pushing that people try to invest $100 per week into bitcoin, yet of course, if you come from a place that you cannot get that much income, then you just invest what you can, and spend a whole cycle or more investing into bitcoin as aggressively as you are able to without over doing it. But yeah of course, I don't know your circumstances, yet I still think that if you consider yourself to still be in your early stages of accumulating bitcoin, then you likely need to focus on just buying bitcoin and stop thinking about trading and/or shitcoins...which means that you should be ONLY buying bitcoin and not selling any until you reach a status of over accumulation.. which again that takes time to reach such a status unless you are able to front-load your bitcoin investment, and still one or two cycles of accumulation might be necessary to get you to such a status or getting close to getting to such a status of over-accumulation.