Quote from: POPOLUV on Today at 11:10:28 AM

Quote from: JayJuanGee on August 11, 2025, 07:54:29 PM

Quote from: Barikui1 on August 11, 2025, 07:53:38 AM

Quote from: blackberrman on August 11, 2025, 07:30:54 AM

Considering the history of Bitcoin is very important for new investors, because if they consider history, they will see that many investors who invested patiently and when the price of Bitcoin started increasing from that investment, they still kept their greed behind and remained steadfast in their right decisions, which is why they have been rewarded in the present time, on the other hand, there were many who knew about Bitcoin but did not come forward to invest in Bitcoin, and many others invested but due to their greed they could not bring their investment forward because they might have panicked after seeing the price of Bitcoin fluctuate and sold it, or else they could not control their greed when the price of Bitcoin started increasing, but they are the ones who regret it in the present time because they have got the results of their actions, so it is important for new investors to know and gain experience well about the history of Bitcoin. If you want to strengthen your investments at the present time, you can use the DCA strategy and do it for a long time, even if your investment is small. By using the DCA strategy, you will get rid of the worries of when to enter or exit the market.

Yea you are right, looking at the historical record of Bitcoin and how it has fought his way up is really going to be encouraging for newbies investors to have more faith and will in investing in Bitcoin but I believe that the best possible way a newbie investors will invest in Bitcoin is having the right knowledge and mindset from the very beginning, that's why it very important on who introduced Bitcoin to you, if you knew about Bitcoin from a trader, their is a higher probability that he might mislead you and you will come with the mindset of buying and selling once it appreciate in value, but if you were introduced to it by a real investor, someone like jayjuangee that has seen it all , someone that knows all it entails to be successful in it, their is a higher probability that you will be successful in your investment because you got into it with the right knowledge.
In essence of what am trying to say is that who introduced an individual to Bitcoin has a major role to play in how the said person goes about his Bitcoin investment.

The history can scare people out of investing into bitcoin, yet it seems that historically, the answer of investing as much as you are able to and attempting to front load your investment have tended to pay off... yet we surely tend to need at least a whole cycle to begin to have some confidence, and also there is likely some value to ongoingly buying rather than just buying once... and so it can be difficult for guys who buy a lot and then the BTC price goes down from the point of their purchase, which I tend to suggest to just keep buying... and so sometimes it can take a whole cycle or longer to really begin to be profitable and then to feel like you have more options, so focusing on levels of profits in less than 4 year timelines seems problematic, and keeping on building and holding bitcoin seems to be a good strategy for over more than one cycle rather than limiting the timeline to one cycle.

Sir i can testify on how the historical background of Bitcoin have kept me away from not developing the interest at all after a friend of mine first introduced me into Bitcoin since 2022 and i couldn't show any interest because i was very scared because all my thinking then was that was i start to invest that i can lose all my money in Bitcoin but with the present economy of the country right now and the situation of economy being so hard as life goes on have removed the fear that i had then because assuming i followed that my friend that once introduced me to Bitcoin then, i could have make allot of profits like him now, but i know that it is never too late for me to start investing and ever since i have been investing with DCA strategy, i have come to realized that there is know need of me being scared to invest in Bitcoin since 2022 that i was introduced to Bitcoin that wasted my time of my refuser of developing interest to have the full knowledge on how Bitcoin works and how i should have go about Bitcoin portfolio then, but now i know better that is good to have investments for future purposes.

We can put ourselves into real psychological barriers by looking at the historical price, and we even had been part of that history and perhaps lost out of a couple of good years of bitcoin investing that we could have had done, but we did not do it and we continue to feel regret about it.

So yeah one of the solutions is to just get started and to build your bitcoin holdings for a whole cycle or more and then to reassess. Sure you cannot make up for the past, yet it seems likely that after 1 cycle or more investing into bitcoin, many of us will see how far ahead we are of the guys who are likely going to be just getting started in bitcoin, yet by the time we get through a whole cycle, we will have a whole 4 years of a head start on the guys who will be just coming into bitcoin 4-years from now.

Each cycle bitcoin HODLers pass more and more of their peers and their peers will really have difficult times to catch up to them, and it becomes quite difficult to catch up to 4 years of prior investing, even if the person might have had some periods in which he had paid more for his bitcoin than the then current price.

I frequently like to point out that if a guy had been accumulating bitcoin for a full cycle, then he is likely to have average bitcoin purchase prices that are fairly similar to the 200-WMA. and an overwhelming majority of the time, the BTC spot pride is at least 25% higher than the 200-WMA.. but yeah from time to time, the BTC spot price goes below the 200-WMA... .. and we can continue to accumulate bitcoin for more than 4 years and the 200-WMA continues to go up and up and up and our average bitcoin buy price is getting further and further below the 200-WMA.. which is that we just ongoingly have more cushion in our comfort level that includes confidence that the BTC spot price has lower and lower chances of going below our average BTC buy price.

Quote from: arwin100 on Today at 01:02:36 PM

Quote from: IjawMan on Today at 08:08:23 AM

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The only scary part before is we don't know about what's coming around in future. Bitcoin has no solid foundation before and it was built with pure ambition that it became a digitalized alternative to fiat.

But now to lucky for those people who knows it because they can actually look at the past and current happenings especially on its development side. Since they can really see that Bitcoin is great asset which could potentially give them profits if they invest wise then choose to hold their Bitcoin for many years.

For sure they would never worried about those volatile movement if they HODL and better they focus on accumulating rather than getting stress for always looking on its technicalities.

Surely confidence can be built over the years of investing and holding bitcoin which can contribute towards a guy having more conviction about continuing to buy more and then maybe continuing to hold more and then also figuring out ways to sell slowly rather than quickly, once he gets to a point that he has enough bitcoin or more than enough bitcoin.

Quote from: Platinumys on Today at 01:35:31 PM

Quote from: Hewlet on August 11, 2025, 06:22:48 AM

[edited out]

I may regret that I saw Bitcoin at its lowest price, if I could have bought some Bitcoin at that time, I would have made almost double the profit at this time. Due to not having a clear idea about investment at that time and not being inclined to take financial risks, I missed that investment opportunity, which I sometimes regret now. However, now I understand that there is no point in regretting what is gone, but I should plan for what is present. When the price of Bitcoin was at its highest level at that time, while investing, I felt that the market could fall below it and if it fell, I would suffer financially, so I did not invest then, but now I do not think about that. Although the Bitcoin market is now at its highest level, I am still trying to invest in Bitcoin consistently because like the previous market, the price of Bitcoin can increase further in the future, so if I do not invest now, I will miss the investment opportunity once again.

Part of the reason that many of us should want to ongoingly invest into bitcoin for a whole cycle or more is to help ourselves to get over our concerns about current price, and surely if we are assessing 4-8 years down the road, we likely are going to appreciate that we made a lot of our buys in the past and even if some of our past purchases were at high prices, the passage of time is continuing to contribute towards higher and higher BTC prices and likely more and more difficult to buy bitcoin at similar prices as it had been bought 4-8 year or longer into the past.

When I first got into bitcoin in late 2013, my first purchase was around $1,200 which was a high oint in the market. So it took right around 3.5 years (in March 2017) before that purchase became consistently profitable and the BTC price discontinued dropping below that level. Of course, now people really woudl like to get $1,200 bitcoin, and even in late 2018 and into 2019 and 2020, there were some folks still fantasizing about being able to buy bitcoin in the $1,200 region. and there were several folks who were confident that the BTC price had to get back to test that $1,200 level, yet in the several bitcoin price dips in 2018, 2019 and 2020, the lowest it ever got was $3,124, and even the time in March 2020 when BTC prices dipped down to $3,800, there were many folks who thought that $3,800 was a real fluke.. which probably was true since the BTC price largely went shooting up from March 2020 and the biggest dip that we got after March 2020 got us down to $15,479 in November 2022.. and guys would even really love to get some bitcoin for $15,479, and yeah so that 1st purchase of bitcoin at $1,200 in late 2013, is looking like a great bargain right now, and it is not even like folks who started out investing into bitcoin at a $1,200 top in late 2013 would not continue to buy bitcoin in 2014, 2015, and 2016... which resulted in a lot of purchases that were quite a bit below the initial $1,200 purchase..

Quote from: Bd officer on Today at 02:31:09 PM

Quote from: JayJuanGee on August 11, 2025, 07:54:29 PM

I agree with your points here, yet investing in bitcoin is not guaranteed to be profitable in the future, even though bitcoin is amongst the best (if not the best) place to put time, energy and value... but yeah, everyone is responsible to make their own choices regarding whether to get into bitcoin and how much to get into it.

Yes, there is no guarantee of profit, no one can guarantee profit. But Bitcoin has proven in the past that people who have invested in Bitcoin in the past and held on for the long term have benefited. Bitcoin has survived for 15 years so it is not wrong for us to expect even if there is no guarantee of future profit, so we can expect a good profit.

Now if we think about risk, then risk is involved in all cases. Now we have no guarantee of our own life, we can die anytime, so to achieve something good in the future we must take some risk. In fact, no person could succeed without taking risks, those who succeeded must have taken risks. Now there are different sectors to invest in, among which Bitcoin can be the best, one can expect to make good returns if one invests in Bitcoin and holds long term. Now investing in Bitcoin is everyone's personal matter. But we should try to find the best place to invest.
Don't sell, just buy.

From my perspective, you are still making it seem that bitcoin is guaranteed, even accounting for (acknowledging) executional risks that might increase based on our conduct.

You can do what you like, and talk about bitcoin how you like, yet I think that there are better ways to do it without making it ongoingly sound as if bitcoin's future price performance is guaranteed to go up.