Quote from: HajiBagi on Today at 07:46:25 AM

Quote from: Kelward on September 10, 2025, 07:14:54 PM

Quote from: Sim_card on September 10, 2025, 03:47:01 PM

Quote from: RTX-G53 on September 10, 2025, 01:30:09 PM

However, everyone's life situation is different and it can be very difficult for someone to hold on for a year. So if someone thinks that one year is long-term, it is only their personal matter, which cannot be said to be bad at all.

I disagree with you to accept from anyone that one year bitcoin of holding bitcoin and selling is a long-term even if they claim it is. One year is not investing because you will still be a low coiner. That person is a trader and not an investor because he is only after profit and not after building, growing and norturing his bitcoin investment to a certain level in future. A lot of people into bitcoin are traders because they holdi not up to a circle and take profits but they claim to be investors. They're in this forum.

Buying and selling Bitcoin within a year is not ideal for anybody that wants to call themselves a Bitcoin investor, they need to hodl for the long term. Experienced holders will categorize such people as traders because one year alone will be considered trading, it comes with risks because Bitcoin is volatile. You cannot get sufficient returns on investment if you sell on the short term, it is possible to sell at loss if it dip at the point of sale. Smart investors hodl between 4 to 10 years and more by then they're sure that atleast two bull circles have come. Holding for the long term and choosing to sell after ATH is a good investment plan.

There are still people with that kind of mindset, buying and selling within a year is what they know how to do, their own is to just buy and sell when the price rises and make profit, I always consider those people as a trader because an investor who knows about Bitcoin will not think of selling his bitcoin within a year or when the price rises to make profit, selling your bitcoin early doesn't guarantee you to get rich or make a lot of profit in time. When bitcoin reaches $100k, I see some people sell their bitcoin because they believe this will be their opportunity, and if they do not sell, the price would fall.

I'm not sure if some people understand bitcoin before they buy because if they do, they won't rush to sell whenever the price rises. Trust and patience are very important when investing in bitcoin because some people still don't believe in Bitcoin, which is why they decide to sell whenever the price rises. As someone who believes in bitcoin, we should always plan to accumulate bitcoin and hold for the long term.

There are likely going to be a lot of people regretting having had sold too much bitcoin too soon at or around $100k. Yeah, $100k was a nice round number and it seem like a BIG number, but there is still a need to be careful about selling too much too soon.

There might have had been a few who sold some bitcoin at and around $100k and then bought back, yet I doubt that the dominant mindset was hanging onto your bitcoin, which is likely part of the reason that we have been spending quite a bit of time at and around $100k.

We will see what happens, and it is always dangerous to be trying to trade bitcoin and then ending up with way more bitcoin than you would have had because you are expecting dips that do not end up happening.

it is a repeated pattern in bitcoin that is not likely to end.. , just like there were too many folks selling around $1k in 2017 and too many selling at around $10k in 2017, 2018, 2019 and even into 2020... .. Funny when I say it. We were around $10k for a pretty long time.. covering 4 calendar years. I doubt that we are going to spend so much time around $100k, but who knows? Almost anything can happen, but some things are more likely than other things... and frequently people get it wrong, especially in regards to bitcoin and especially in regards to low coiners, no coiner and those who have been thinking about bitcoin as a trade rather than as an investment.

Quote from: Sim_card on Today at 03:17:15 PM

Quote from: Silikiem on Today at 02:54:30 AM

I agree with you quite alright, but where I’m getting it confused is to the part you said long term investment is about portfolio growth because there’s a possibility that an investor can grow his portfolio within a period of one year or less, should that be the case then it still might be putting the person in the level of long term investor and this might go a long way to misleading newbies only to grow their portfolio within a short time and they might feel fulfilled that they’ve invested in long term and might want to sell off having noticed a little profit in their portfolio.

It shouldn't confuse anyone because everyone has his own goal on the quantity of bitcoin that they plan to accumulate. However, if a new investor is able to accumulate 1btc because that is his bitcoin target within one year or below, what prevents him from continuing to add more bitcoin to his portfolio in order for him to reach over accumulation status. If the person is aged or have health issues, that's not a problem but if you are still young and vibrant below 65 years of age, you should not start selling because you have reached your bitcoin target within one year. It's better to continue holdi and increase your bitcoin stash.

However, if you don't feel like increasing your bitcoin stash anymore, you don't need to sell your bitcoin but hodli for long term because that's when you will benefit more from your bitcoin portfolio due to the compounding profit overtime. Don't forget that the longer you hodli the better for you because history has proven that bitcoin price increases overtime and since bitcoin is in her early stage, you don't need to sell your hodlings. What will you use the fiat from your bitcoin sales to do.

Bitcoin is one of the best investments for the future so try and make holding bitcoin part of you because that's the key to success and financial upliftment in future. If you sell too many coins too soon for the reason of profit, you will regret it later when bitcoin price will be x3 or more of the price that you sold yours.

What if you were able to reach your bitcoin target within one year and bitcoin price at that moment is below your entry point, will you sell? This is the major reason why you should invest and hodli for long term to avoid losses. Profit shouldn't be your focus in the beginning, because your profit is not yet ripe for plucking.

You seem to be talking about trading rather than investing. Even a more elderly person should come into bitcoin with at least a 4 year timeline for any new buy that he makes, otherwise he is trading rather than investing.

Of course, if someone reaches overaccumulation status he has more options, and if he reaches such status in just a year or two, then he still has more options to sell beyond his overaccumulated amount, yet he still may well be devolving into trading rather than investing, yet if he is only selling within his overaccumulated amount then it could be argued that he is still investing with the portion of BTC that he continues to hold.

Maybe an example might help? Let's use your form registration date and say that about 2.5 years ago (in the beginning of 2023) a person had an income of $30k per year, and he had been investing aggressively (in non bitcoin areas) for somewhere around 10 years before coming to bitcoin (maybe he was investing 25% per year - around $8k per year and $150 per week), and so his investment portfolio before coming to bitcoin had grown to right around 5x his income (a combination of what he put in (around $80k) and appreciation of the investment over a bit more than 10 years). .So maybe in early 2023 had $150k in his investment portfolio, and when he heard about bitcoin he got excited and considered that he would channel a lot of what he had previously been investing into bitcoin for the next 2.5 years (which would be around $20k), and he would take around 1/2 of his then investment and but that into bitcoin (so that would be $75k), which means that over that 2.5-ish years period he was planning to invest around $100k into bitcoin...

He would invest straight from his income and in order to incur the fewest of penalties, he would withdraw from his already existing investment and transfer it into bitcoin... on a weekly and/or monthly basis so he would have had invested $700 per week since January 2023, and he would have had invested close to $100k and he would have accumulated close to 2.2 BTC that currently has a spot price value of $250k and a 200-WMA value of $115k.

Personally, I would consider that he has not yet over invested into bitcoin, and maybe he should continue to invest at around $100 to $150 per week - presuming that he has withdrawn as much as he believes reasonable from his traditional investment.. Yet of course, these are personal choices about what to do and whether enough stacking has taken place in merely a 2 year timeline, even though he is right around 2.5x in profits with the spot price of his current holdings, yet the 200-WMA value of his 2.2 BTC holdings is ONLY about $115k (which means that he could only sustainably withdraw about $11.5k per year. In part his own assessment of what he would like to withdraw might make a difference.

The scenario would be slightly different if the guy had withdrawn the whole $75k from his traditional investment in early 2023 and maybe invested it over 3-6 months and included to buy bitcoin with a DCA of around $150 per week from his regular income, then maybe he could have had accumulated around 3.6 bitcoin, yet I am still not sure if 3.6 BTC would get him to overaccumulation status, at least not enough to be selling any major portions of his holdings.. yet sure, again, these are somewhat personal discretionary decisions even though some choices will likely be shown to be better ways of dealing with the matter than others..

Quote from: pawel7777 on Today at 05:23:31 PM

What do you know! Looks like the bull run is not dead yet. We almost got to $115k today and we're up over 4% compared to a week ago. Not the most dynamic movement ever, but it's better than nothing.
I don't have my hopes set too high for this one, as we're lacking in the trading volume. If the volume doesn't pick up, I don't think we would have enough steam to go much above the ATH.

And looks like we could finally have an altcoin season. The CMC index is the highest it has ever been this cycle, currently at 63:
https://coinmarketcap.com/charts/altcoin-season-index/

You have been registered on the forum as long as me, and you are still distracted by shitcoins, and thinking that it is a good idea to try to trade bitcoin? Hopefully you have been investing in bitcoin rather than fucking around trying to predict tops...

You may well realize that there are a couple of primary ways that guys can go wrong in their approach to bitcoin which relate to failure/refusal to adequately prepare for up, which is selling too much to soon and failing/refusing to buy enough. Which one are you? You might not realize which one you are.

If you had merely been investing around $50 per week since your forum registration date, you would have invested less than $30k, but you would have close to 23 BTC. I doubt whatever fucking around with trading and/or shitcoining that you've been doing (and/or focusing upon) has gotten you close to or better than those kinds of results.