Quote from: JayJuanGee on Today at 12:27:06 AM

Quote from: Ryu_Ar1 on July 03, 2025, 09:32:52 PM

Quote from: Umulala-alala on July 03, 2025, 08:51:50 PM

Making use of the the term stupid for a new investor who thinks that bitcoin is expensive is very wrong I believe you have also thought same before you finally know that one can actually purchase bitcoin little by little fraction without buying all of it at ones, most of us here has thought that the way so i think it's normal if a new investor thinks that one need to be well doing before before coming to think of bitcoin investment it's with tiime they will know that they were actually wrong thinking that bitcoin investment is only for the rich citizens.

If they don't want to be called stupid then they should start learning bitcoin from the basics before saying it's expensive.
Because after all those who say it's expensive only see from the outside but don't want to get to know more about what bitcoin is and I think stupid words are also concrete in this case because they talk but don't understand what they are talking about.

They are only focused on the value they have and how to think about how to profit in a short time which is impossible with the current value, therefore they consider bitcoin too expensive. But if they already know how bitcoin works including by collecting (buying) then they will not talk carelessly because they realize that saying bitcoin is expensive is a mistake.

There continues to be value in being humble.. and surely none of us really know if bitcoin is cheap or expensive, and surely there are some possible scenarios in which bitcoin never gets cheaper than it currently is, so surely any no coiners or low coiners are not prepared for the bitcoin price to go up, especially if they don't have any bitcoin.

Another thing is that it can take 4-10 years or more to just establish a meaningful bitcoin position and/or to spend time learning about bitcoin can take a decently long time, even for people who are quite smart.

On an ongoing basis, there are new people coming to bitcoin and just starting to learn about bitcoin, and many of us know that it is quite hard to know about bitcoin if we are not actively buying it, and such buying and building a bitcoin position helps to inspire us to learn more about bitcoin. There are also a decently large number of people who have heard about bitcoin or they know the word bitcoin, but they either do not know anything about bitcoin or alternatively they have been taught (or learned) wrong information, which might be even more dangerous for folks to think that they know what something is (bitcoin) and actually do not know as much as they believe that they know.

There is absolutely no essence of taunting those awkward mentality of enthusiasts or not. We who even feel bitcoin pro today had got some lapses which has contributed to our late realization that non of those skeptics of us about bitcoin was true. Then we developed that positive mindset that has brought us up this far.
I personally recently brought someone to this space after after several attempts of explaining things out. She was of one excuse to another.

First she said she does not have enough to invest when she said the price of one bitcoin and I tried to explain to her that she can buy as she can just afford. I also told her about the Dca accumulating strategy which can help her acquire as much as she think it is her target on regular buying. The had no other option than to say the current price is too high so she have to wait to buy at the Dip and even when the price falls she claims she want a more Dip
Then I figured she is neither not serious. So I moved on without trying to convince her. After on she came with an equivalent of $300 in my local currency and asked if she can for a start some worth of that. That was how she came in to the industry and today she is comfortably buying on a regular without undermining the price.
So if anyone must be taunted, it should be those who knows the truth but are full of excuses with the Price being too high.

Quote from: Wind_FURY on July 04, 2025, 06:45:54 AM

Quote from: sotelorene on July 03, 2025, 06:24:09 PM

[edited out]

👍Good advice, ser. I have been looking for some other investments within the Bitcoin ecosystem that are actually building something on top of Bitcoin.

If anyone knows how to invest in a Bitcoin company that's in its early phases, please post in the topic. I thought about opening an account with a broker so I can trade Bitcoin-related equities, but they're going to be the same as "trading".I will merely lose money.
[/quote

People may well come to learn that the various bitcoin equities are ways for you to own something that is not bitcoin, and likely allows others to buy bitcoin with your money while you are holding some kind of a derivative. Sure, some of them might work out, yet I have a lot of doubts that theya re even close to as good as holding actual bitcoin.. even though sure, some of us are afraid to hold our own bitcoin, so we buy some bitcoin exposure and someone else holds the bitcoin and we don't even have a right to hold the actual bitcoin, since they are the owner of the bitcoin and we are merely the owner of some paper dollar product that has price exposure to bitcoin.. perhaps limit any exposure to those kinds of product so relatively small portions of your BTC stash. .and maybe if it is oNLY through accounts that you are not able to buy bitcoin directly, they might offer some bitcoin derivative product.

Quote from: Cryptohygenic on July 04, 2025, 05:08:04 PM

Quote from: Barikui1 on July 04, 2025, 07:37:39 AM

Quote from: Wind_FURY on July 04, 2025, 06:45:54 AM

If anyone knows how to invest in a Bitcoin company that's in its early phases, please post in the topic. I thought about opening an account with a broker so I can trade Bitcoin-related equities, but they're going to be the same as "trading".I will merely lose money.

To be honest with you here, as long as Bitcoin is concern, their is no better way than buying and holding, if you wish to get into something else because you have gotten to that over accumulation stage, I will never advice you to get into trading when you have little or no knowledge about it, the best I can say to you is to try to diversify into land or real estate, because that's the only investment that has growth potential close to Bitcoin, thinking of trading your Bitcoin after you have gotten to that over accumulation status is the fastest way to get wreck because no matter how it's being twisted, trading is trading, and giving your money to someone that is good in the craft to trade for you is also not a good idea because he may not be sincere with you, so what am trying to say is that if you have gotten into that over accumulation stage, you may decide to try something different by diversifying into land or real estate, not trading because you can't outsmart the market by jumping in and out thinking you can make anything tangible that way.

LMAO.
Microstrategies has been the top leading bitcoin accumulator and still, they're still buying more of bitcoin to their portfolio. Does it mean
investor Wind_FURY has accumulated more than every other? I'm just wondering to understand that phrase "over accumulation" because the bitcoin market doesn't seem to recognize users saying they've over accumulated bitcoin in their portfolio.
But I will agree with you that Wind_FURY doesn't have to jump into trading just because he is ready to play the game of risk. Of course he can keep all that risky expenses aside and keep buying more to his portfolio.

You should not be trying to model your own bitcoin accumulation behavior, your portfolio management and/or your cashflow management on whatever MSTR and/or Saylor is doing, since they are using other people's money to buy more and more and more bitcoin. They are an aberration in terms of their desires to potentially overly hoard bitcoin, and gthey have been doing that since the beginning with their first BTC purchases in August 2020 using something like 75% of their then cash balances, which even that is a bit aggressive for a regular person, but they had something like $10 million per month cashflow when they first started buying bitcoin and they were profitable.. at least somewhat profitable whatever they were doing in terms of selling software and services.

Nothing wrong with considering aggressively buying bitcoin based on being influenced by MSTR and/or Saylor, but you still have to moderate your investment within your discretionary income and your cashflows and you also have to make sure that you do not over do it.

For many normal people, even investing something like 25% of your income into bitcoin, it will take you 4 years to invest a whole year's income into bitcoin, and that might not even get you to a status of overaccumulation, depending on your own goals and definition of what you consider to be overaccumulation...and then how you might consider to adapt what you are doing based on having had reached overaccumualtion status.

Really absorbing how one can assume that their bitcoin investment portfolio is over accumulated and yet still chasing other sources to increase their financial portfolios.
There is every need to diversify but that is vision as when we don't want to sell our bitcoin at any moment yet and not because we have accumulated excessively.
Of course I concur that there is sometimes accumulating limit that is basically depends on our discretionary income. But it is sure that there is no amount of money that is said to be more than enough for human because we all still dream to buy and live those luxuries.
So, I still think there is no over accumulation in ones bitcoin portfolio. We just can not do more than we can afford. That is all.