Quote from: ZeroVinsonN on Today at 06:43:21 AM

Quote from: boyptc on June 24, 2025, 10:28:41 PM

Quote from: Barikui1 on June 24, 2025, 07:14:16 AM

Quote from: boyptc on June 23, 2025, 11:19:52 PM

Quote from: _BlackStar on June 23, 2025, 10:54:51 PM

Today I see the market starting to recover and bitcoin is trading back above $105K. Anyone who accumulated on the dip the day before has seen how well that approach has worked so far - that's how the market rewards those who use it correctly. Don't be afraid when the market goes down for one reason or another - it will eventually recover for a reason.

Those who were able to buy when it was $100k and quite lower, they're winners now. It only takes a gut for someone to take a risk and those who did it, congrats already in advance.

The recovery that has happened today is due to the announcement of Trump that Israel and Iran agreed to have a ceasefire and it's most likely that we'll see the end of this year.

Now this is a really good news for everyone even we're far from the battlefield, we're thinking the same so that there will be no more casualties and collateral damage to be taken.

I think I have said this before and am equally going to say it again, Bitcoin is seriously on the rise because it's still in it early days, so wether their is a war or not, just buy and hold, because in like 10 to 20 years time from now, this current price that we think is too expensive will be like buying Bitcoin when the price was $10k, so as long as you are only thinking long term, just buy and hold, the rest will be history.
Finally, try to accumulate a very huge stash of it because the unit of your Bitcoin is what's going to determine how successful you might be in the future, so just buy and hold, it future is bright.

I agree.

We should look at it for the long term and not with the short term. For people like me, I've proven already its worth and I'm trying to do everything I can in my capacity to hold for as long as I can.

You're also right about whether there is a war or not, Bitcoin will continue to thrive and this is just the start of it. We'll see more of these movements eventually that are favorable to the long term holders and not to the short termers.

Bitcoin should never be considered on the short term run, an investor needs at least a decade to be able to stand on his or her investments and call themselves successful, the price of bitcoin will always be on the rise regardless of any drop every now and then and what's considered expensive now will be a joke compared to what the price will be in a few decades

short term focus won't work, because trying to profit from short term price movement may not be affective. as a bitcoin investor what is required of you is to be patient and consistent in accumulating bitcoin and hold. Or Less say you have already accumulated a good portion of bitcoin, all you have to do is to be patient and hold your bitcoin investment for at least 5 to 10 years or longer and you can still continue to be adding up to your bitcoin holding by DCA to make reasonable profit. So don't allow the drop in bitcoin price to disturb you, because bitcoin's value will increase, and the bitcoin price will rise over time.