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Re: Buy Buy Buy or Sell Sell Sell?
by
EclipseXcrypto
on 06/02/2025, 09:41:51 UTC
In Bitcoin investment there's no such words as "impossibilities". Market rise and fall daily likewise bitcoin. Some things that people don't understand is that the principles of bitcoin innovation cannot allow bitcoin go down below some certain prices. As it stands now, it is not very realistic to start imagining bitcoin at below 70k which is already a good landmark compared to the price of bitcoin in June last year.

I agree with almost everything you said but the aspect of saying it is not very realistic to imagine Bitcoin fall below $70k which is a lie. As far as Bitcoin is a volatile asset we can't imagine the limit it will dip and it fall. Bitcoin has once reached an explicit ballpark of $69k ATH in 2021 and fall even to $15k is about %75 dip before it regaind. So price is too por to think of when it comes to Bitcoin dip because it may even dip below $70k if market permit it's. The unrealistic price we may not think of Bitcoin going back is like $40k below. 
We can't be certain about the level of dip bitcoin experience in a cycle.The uncertainty around the level of dip Bitcoin can experience in a cycle is part of its nature. Each cycle can be different and predicting the exact levels is difficult. It will be unrealistic to say that a dip of $70k is unrealistic or impossible, $70k migt likely occur but i can ascertain that $30-$40k will be unrealistic.

The thing is who gives a fuck if it occurs. The growth potential and resilience of Bitcoin, I'm blindside by those dips they seem less worrisome the focus is on the bigger picture.
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Re: Buy the DIP, and HODL!
by
EclipseXcrypto
on 04/02/2025, 09:45:35 UTC
The DCA strategy plays the most role in accumulating Bitcoin and it also plays a major role in sustaining the investment in the DCA method in the long term. Although the current Bitcoin price is being dumped in the case of buying investments through the DCA method, it will still save money, a holder investing in this method will definitely succeed in sustaining his investment in the long term.
At present the price of Bitcoin is not being discarded, but only being corrected which may only take place in a moment so that for those who are still happy in buying with the DCA method, of course it is very good if it is still run under such conditions. Because people who dare to buy bitcoin when the price is corrected will definitely be more fortunate than people who buy at high prices even though the action is also equally good for the same purpose, namely investment in bitcoin for a brighter future.
Actually this kind of temporary correction of Bitcoin is a common thing, the price of Bitcoin was at the highest level some time ago, and it is normal to expect a correction at the moment, but it will not last long, it will recover very soon.
Correction is a normal thing and buying at this time brings more profit potential. The more bitcoins an investor can buy during this correction, the more profitable he will be in the long run. Because it is proven that Bitcoin recovers strongly after every correction. So those who utilize this kind of opportunity, they can definitely benefit in the future.
This is one of the major thing that separate the rich and the poor, as Bitcoin has fell up to this point, the rich are only seeing opportunities, like buying more, while the poor are selling in panic, even when they all know that Bitcoin will still rally back.
In my own opinion, their is no point even getting worried because since am holding for a very long period of time, am quite confident that due to the huge potential of Bitcoin, it can go as high as a million dollar or more in like 10 years time from now or more, so their is no point getting worried by this dip, because it's no where near it peak price.
Selling bitcoin out of panic is not about rich or poor thing, but it comes down to individual mindset and planning of each investor. Each person's approach can be different depend on how we see the market. Even the rich also can panic sell, the German government sold 50, 000 bitcoin  at $57k, if they where still in possession of those bitcoin it would have worth ×2 of at rate they sold last year july. What is necessary for an investor is to understand the dynamics of how bitcoin works, when you understand that, price correction will be seen just as part of the journey. They shouldn't be seen as scary moment but rather as an opportunity to strengthen our investment and maintain confidence during thise dips.

Panicking as an investor means you lack the believe in the growth potentials and resilience of bitcoin. Bitcoin has gone through different cycles and  experienced similar scenarios, Even when its price has not gotten this far. So why now that we have a lot of refrence that can keep us going without panicking.
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Re: Who says it's too late to buy Bitcoin?
by
EclipseXcrypto
on 03/02/2025, 15:13:39 UTC
The people who believe and say that it's "too late" to buy Bitcoin, are those people who are insensible and unmindful to the Central Banking scheme and the Cabal that runs them.

It's probably the best for those people to actually start reading a good book about the legacy financial system schemes.

My suggestion is to start reading "A History Of Central Banking And The Enslavement Of Mankind" by Stephen Mitford Goodson.
While they keep saying it's too late, they will just be on the sidelines watching Bitcoin continue to grow. Having the  perspective of being open to the opportunities that digital assets present. Those who understand the potential will likely benefit in the long run.

 It's essential to understand the bigger picture when it comes to digital assets like Bitcoin. Understanding the broader context can really change one's perspective on the potential of bitcoin. some people may miss out on the positive trend if they don't keep up with where bitcoin is heading.
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Re: Buy the DIP, and HODL!
by
EclipseXcrypto
on 02/02/2025, 17:19:39 UTC

Are you sure of what you are saying?
Am talking about the bold letters in your statement,  what about those that were forced to sell at a loss due to the fact they have no emergency funds in place when a serious financial needs arises?
Or those people that sold their Bitcoin bit by bit at a loss due to bad financial planing?
It is mostly long term holder and mostly people that are in no pressure to sell that always benefits from Bitcoin investment, once you are forced to sell your holdings, their is a very high likelihood that you might sell in a loss because the value of Bitcoin might be down as at then, so try to be sure of what you are saying before talking.

You think that those who sell Bitcoin due to stress or financial crisis due to Bitcoin holdings are basically failing to know the strategy. Of course, a long-term strong Bitcoin holder must have an emergency fund, and the source of income must be good.
Because if that person invests in Bitcoin for the long term, he will not sell Bitcoin until he reaches the state according to his plan, but all those who have invested in Bitcoin must have the right plan, (an unbridled horse can never reach the destination) You have expressed such an attitude here.
A holder must be according to all plans and he must have a future plan and if he can reach it correctly according to the plan, he will definitely be successful, that is why the most importance is given to long-term investment where every investor can find his success.

A solid plan is crucial for anyone investing in bitcoin. Its not just about holding onto your investment, but having a comprehensive plan that includes an emergency funds and reliable income source. But one can start bitcoin investment  immediately without having a burgos plan but as you progress the importance of setting asside emergency funds become clear. Doubling up your hustle for income is a smart move too. It really helps to alleviate the stress during financial crisis.  Without these, the stress of financial crisis can force people to sell off their holdings . Long-term investment require a solid plan to avoid dipping into your investment, especially as volatile as bitcoin . Plan ahead to ensure that your investment journey remain smooth and successful.
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Re: 👉 {OPEN} Spinarium Review Campaign | Duration: 10 days | Everyone gets paid.
by
EclipseXcrypto
on 31/01/2025, 17:28:16 UTC
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Re: Buy Buy Buy or Sell Sell Sell?
by
EclipseXcrypto
on 31/01/2025, 12:47:27 UTC
A person who wants to invest in Bitcoin must be able to increase his source of income properly to invest. And immediately that person will try to reduce his extra expenses and meet his basic needs. You should note that if a person has bad habits, he will have to give up smoking, tourism, drinking tea, all these bad habits. And from here, at the end of the month, the money to add $ 10 to $ 20 to Bitcoin will come out.
If that person can increase his investment by $ 10 to $ 20 at the end of the month, it will increase several times at the end of the year, not only if he has a thought of increasing his source of income, but he will have to use some strategies to meet his financial needs. In this way, a person will be able to invest more actively and accumulate more Bitcoin.
Personally, tea is a basic need in my family because we drink tea everyday and it's always part of our budget. Maybe, in your house there are no children, if not you wouldn't say tea is a bad habit because tea is nutritious and drives cold. However, what is a basic need to me might not be to someone else.
Things that are your wants are irrelevant and you need to avoid them, if you are fun of them. If you drink beer everyday, you can drink once in a week during the weekend if it's compulsory that you must drink. You have to take very good care of yourself, so that you will be healthy to work and get other means of income as you are building your bitcoin portfolio, so that you can increase the amount that you arw using to buy bitcoin and invest aggressively.
I will never agree to change my habits for investment. There may be some habits that we should generally avoid, I am not against avoiding them. But I will not like to struggle with the habits that keep me mentally fresh or have no social restrictions. From my point of view, tourism, drinking tea, sports and recreational activities are like basic needs. Because, to be mentally healthy, you also need to fulfill these needs. To be mentally healthy, everyone has different needs, fulfilling them is part of your basic needs. Physical health alone is not enough, but mental health is also needed, but you have to take care that those needs carry morality, otherwise it is better to avoid it not for investment but as an honest person.
Things like pleasure (tourism etc) can be forfeited for investment, expense for it can give you a good investment (bitcoin) that can make you tour better. Success often comes with a price, whether it's time, effort, or sacrifices. It's about being willing to invest in yourself and your goals, knowing that the rewards will be worth it in the end. Sometimes to achieve financial success and build wealth, sacrifices and cutting out material tthings and pleasure, which we can cope without it are necessary. Sometimes, it requires making tough choices and changing routines to set yourself up for success. Those adjustments though maybe uncomfortable at first but can lead to financial stability when those investments pay off, the fun it brings is the freedom to enjoy life more fully. Being able to travel, pursue hobbies, or even just have peace of mind knowing you’re financially secure can be incredibly rewarding.
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Re: Buy the DIP, and HODL!
by
EclipseXcrypto
on 31/01/2025, 07:53:59 UTC
I consider DCA  to be way more flexible than you are making it out to be.  You could have DCAs that are very aggressive and approach the use of 100% of your disposable income for buying BTC whenever the money comes in or you can make a weekly determination.

You could also set up DCA to be automatic and a very low number such as $10 per week (and maybe your disposable income is $1k per week, so you pick a real low and whimpy number such as $10 per week, or you could pick a more aggressive number.  Of course the more aggressive you are, then the more careful you need to be that you don't overdo it and make mistakes and being more aggressive likely justifies having a more solid system of emergency and back up funds in place in order to rescue you if .you go to far in regards to your DCA or if you miscalculate and end up spending outside of your disposable income and from money you need for your expenses.
I always welcome this kind of strategy.
I myself always try to invest the smallest amount of my income in the DCA scheme. Sometimes it is $10, sometimes $20, sometimes $5. So that I will not make any impact on my financial situation.
And I also think that it is wiser to invest more to hold more, not leave funds to cover emergency situations, and then sell some of the bitcoin holdings after facing an emergency situation.
So small fund but for long-term strategy would really helpful as it is also risks management skill.
And We must not forget that-
       "Little drop of water,
        Little grains of sand,
        Make the mighty ocean,
        And the pleasant land
"
Bitcoin investments really allows for that convenience of investing little by little, which helps avoids  any  negative impacts on our finances. It's all about those small and consistent contribution adding up over time, focusing on long-term strategy rather than quick gains aligns well with the creation of bitcoin.

The benevolence that bitcoin's investment  provides is really remarkable, investors are allowed to switch ( increase/decrease) the amount they invest when they feel comfortable making it a very adaptable approach. This makes it easy for anyone looking to invest without feeling any pressure, and it can really opens opportunity for wealthy building overtime. I don't think traditional assets offer the same level of convenience as Bitcoin when it comes to investing little by little to build wealth over time with consistency. The accessibility of Bitcoin really make it stand out as an investment option for those looking to grow their wealth gradually and steadily.
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Re: Who says it's too late to buy Bitcoin?
by
EclipseXcrypto
on 29/01/2025, 14:42:32 UTC
For sure there are some guys who might be more motivated than others to build up their finances, so when they are motivated, then they may well end up doing way better than their peers and perhaps even catching up to (and passing up) some of their peers that had way more advantages.  ~snip
It's your motivation that drives you further in life, if you are motivated to study you will work hard and excel in studies and if you are motivated to improve your finances then you will look for opportunities and try to grasp them as quickly as possible.

Motivation helps, yet it still seems that the motivation on its own is not going to be very helpful if the motivation is targeted in faulty kinds of ways... accordingly, the shitcoiner may well have similar motives as the long term bitcoiner, and frequently the shitcoiner believes that he is going to be able to do better than the bitcoiner, since the bitcoin is too old.. already costs a lot and involves a bunch of boomers, and so the shitcoiner may well be very motivated to study 100s of shitcoins and even to put together multiple charts ranking the shitcoins based on various criteria... and so often, the shitcoiner does not realize that he is being played and sucked into a gambling kind of a mindset, that might have some short term benefits, and he might even get rewarded by having some gainz, yet he might not realize until after 6 years or more that so much of what he had been doing was not very good use of time, energies and value, and he would have had done way better to have had gone exclusively bitcoin or at least something like 90% or more bitcoin rather than fucking around and trying to figure out 100s and perhaps thousands of shitcoins.

It is possible that he could have learned some valuable skills along the way,  yet at the same time, it is also possible that he could have had learned as much (or even more) valuable information by focusing 90% or more on bitcoin.

So the shitcoiner/gambler/trader is still likely to be motivated - even though in a kind of unhinged kind of motivation that ends up having a lot of costs and various lackings in the right kinds of focus.
Perhaps this scenario seems to be only directed towards the lucky part for a shitcoins but perhaps it's even way more risky and time wasting than you make it seem.

Lots of people thinks since bitcoin has been around in a long time that there is a coin (shittycoin) that would be more like bitcoin or even the scammers who advertise this coins makes it sound like it's the second bitcoin which can never be true because there is only one bitcoin hence they rush down to put in all they got without realising the risk they out themselves into and not just a risk but a gamble which in other words is trading, the chance of getting this rewards proclaimed by shitcoiners is way beyond 50/50 it now seems like a 60/40 or even 70/30 hence the chance of getting gains is now becoming less and less yet they do not realise that even putting the smallest stash in to bitcoin in a long while can make you way more than the quick profit that is being flashed on them.

Motivation needs to be in the right direction and it doesn't just require motivation yet discipline is even more important than motivation itself. discipline in the right direction (bitcoin) could/might change ones life in a long run.
You guys really made a valid point
Motivation alone isn't enough,  especially when its misdirected. Because those who buy shitcoins are driven by motivation and they are caught up with juicy, fake and short-term gains. Loosing there sight on the long-term potential of Bitcoin. The enticement of these second bitcoin  " the next bigthing" coins but it crucial to see through these flashy promises. Its not about the quick wins but understanding the real value of long-term  stability and growth

Folks need to understand that the brilliance of Bitcoin creation lies in its solid foundation rather than flashy promises. The creators focused on building something sustainable and resilient which is why it has stood the test of time. Unlike the hype surrounding many shitcoins. Even with little investment in bitcoin over time will definitely outshine shitcoins, its better to channel  that resource and energy into investment like bitcoin that can lead to a more sustainable growth and a clearer path to  financial success.
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Re: Buy Buy Buy or Sell Sell Sell?
by
EclipseXcrypto
on 29/01/2025, 09:48:00 UTC
⭐ Merited by JayJuanGee (1)
Anyone who earns, and truly wants to invest in bitcoin won't make excuses. There are strategies in Bitcoin investment that make it easy for anyone to invest, no matter how little they can afford. Its all about determination and taking steps towards your financial goals.
If your earnings is not enough, atleast there are things we buy or expenses we make most times that are unnecessary, its important to start budgeting your expenses look at areas where you buy things which are not essential and save, even if its little by little at a time it will add up over time. You can also consider engaging in other side hustles to increase your income. This way, you can start investing little by little.
I think that instead of reducing your expenses for investing in Bitcoin, you should focus on increasing your income. To start investing, you need to make sure that you have a prudent source of income. Are you able to meet your daily needs with your income
While you are thinking about how to increase your income, it is also better to reduce how you spend your money on the things that don't really give meaning to your life so that you can use the money that is meant for those things and be accumulating bitcoin until you are able to increase your income to the extent where you can spend the way you want, and it will not stop you from accumulating bitcoin. What if it took you like 5 years before you were able to achieve a better income? It is better to "make hay while the sun shines" so that you wouldn't regret in the near future that you saw bitcoin when it was low and you couldn't buy it because you were trying to increase your income first.

Exactly, but the truth is that aside shelter, food and clothing, there are other things that can be prioritize as to be considered a basic needs which might completely differ from the next person.  In a real sense, until a man is good enough to satisfy whatever he or she considered to be his or her basic needs, and have a left over cash to invest in Bitcoin he or she can not successfully be investing in Bitcoin without selling the Bitcoin along the line to solve their other needs, it takes discipline to have a good direction of how we spend even the little we have  wisely in a much better ways compared to those that have more.

Well understood, now concerning the things that comes in place before venturing into Bitcoin investment, I feel there are needs to consider the basic necessities which includes the things you already in your comments, I do not advise anyone to invest blindly without putting other things into consideration because of other things are not properly taking care of you will not have a good investment plans as there will be lots of inconveniences which may result to even selling at loss to satisfy a particular family need. These has always been my take concerning having a good investment plan so that the investor will have a good, stable, smooth and stressful investment.

1) have a good investment budget
2) have different stream of income
5) have a separate steady income mapped out for Bitcoin investment only
These ideas are good for investor  but anyone who wants to invest can start immediately without having these 3

They are not the necessity, Having a steady source of income/ earning is enough to start your investment journey. That alone is enough for those who might not have built these three to begin.  While some may aim to build a big investment budget or multiple streams of income, it can take time. Why waste time when you can start investing from your income right now. Consistent contributions, even if they are small can lead to significant growth. Focus on planning and how you can extract certain amount from your income that is comfortable with you to invest immediately.

Bitcoin is just like planting a seed. You don't need all the fancy equipment to get started, just plant that seed and nurture it over time. With steady care and patience, it can grow into something really valuable. It's all about getting started and letting it flourish. Bitcoin is indeed growing every day and there is a lot of potential in it. Growing with it little by little allows you to take advantage of its opportunity without putting too much pressure on yourself.
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Re: Buy the DIP, and HODL!
by
EclipseXcrypto
on 29/01/2025, 07:47:21 UTC
Blackrock is selling shares and accumulating BTC on a daily basis in order to back up client claims to the shares that are supposed to be pegged to the BTC price.  Even though Blackrock owns the coins they have fiduciary duties to their clients..and those are supposed to be legally enforceable duties, yet a lot of BIG companies are used to engaging in a variety of manipulations of markets and even getting profits over their clients in ways that are sometimes quite questionable, but legally acceptable.. and surely I would not put it past Blackrock to be continuing to manipulate clients and also manipulate bitcoin in whatever ways that they are able to do so and get away with it, including that sometimes they make money by being the BIGGEST player (bully) within various sectors that they can sometimes play off of one another when having such large stakes..
BlackRock is buying a lot of Bitcoin.  That makes some people worried.  A company that is big could easily mess with the price of Bitcoin, even if they're not breaking any laws.  They have to look after their customers' money, but they could also be making money for themselves at the same time. We need to make sure they're doing the right thing.

I never suggested that people should not be worried about Blackrock.  Bitcoin is supposed to be made for attacks, but yeah, you never know - some of these companies are experts on ways to make money in a variety of creative unscrupulous ways, and  I am not sure if that means that they are going to throw bitcoin under the bus, even if they were able to throw bitcoin under the bus.
BlackRock are also accumulating bitcoin just like other Big financial companies, but as a small investor, its essential to stay vigilant about these big players like BlackRock etc in the market. They are always looking to profit, at times there will always be an untrustworthy moves by these bigger entity to manipulate and create uncertainties in the market for their gains. Although Bitcoin is designed to withstand attacks and no matter the string they pull or uncertainties they create. Smaller investor need to be focus on long term and stay optimistic on the potentials of bitcoin, its important for bitcoin accumulators to stay invested and not get swayed into selling during market fluctuations.
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Re: 🔥 BC.Game | Milan & Inter ⚽️ 2nd February
by
EclipseXcrypto
on 28/01/2025, 16:25:27 UTC
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Re: Buy Buy Buy or Sell Sell Sell?
by
EclipseXcrypto
on 28/01/2025, 14:37:08 UTC
Not investing in bitcoin even after having the knowledge is sometimes demoralising after realising that the price has left where you met it. Procrastination is a thief of time and works perfectly well in the midst of excuses.

I have always known about bitcoin for long now but didn't know how it worked neither did I get interested in knowing how it works. I got keenly interested in bitcoin in investment last year June when bitcoin was less than 63k when a friend tutored me on how it works. I became excited and wanted to try. But learning the knowledge of bitcoin from a trader is a very big setback on long term investment. I only learned that you can buy and after a while when the price changes to something above your cost price you could sell.

Everything was right but I didn't get to learn that there was more to bitcoin than trading. I sold of the little I had immediately bitcoin rose to above 70k and became skeptical about buying again. Within few months bitcoin crossed the 100k ATH and that was when I realised I learned the wrong way.

Buying bitcoin is not really an issue, but being disciplined not to sell it off in a little provocation. Now, we buy and buy more because I have come to realise that bitcoin is closely a one way project, always on the rise. Learning about bitcoin from a trader is one of the worst hurdle anyone can have in the area of bitcoin investment.
Yes, you won't get the right idea about Bitcoin from a trader. The trader buys bitcoins and sells them at some profit. So if you go to a trader to get ideas about Bitcoin then he will give you ideas about trading. When you invested, if you could have held until now, you could have been in good profit now. Bitcoin will grow in popularity day by day and Bitcoin price will continue to rise in the future. Since you realized you were wrong, you continue to invest in Bitcoin again and hold long term. So you can follow DCA method, which is the best method to invest in Bitcoin.

Both do it for profit in the end.
They just stabilize risk / time differently.
I know both are profit making in the end, but when considering how volatile bitcoin can be, the short-term gains trading focuses often end in loses and very stressful.  Success in trading is indeed rare, with only a very small percentage coming out on top.

Bitcoin investment focuses on long-term stability and growth over time. It has a high success rate because holding Bitcoin for an extended period allows you to ride out the volatility and benefit from its upward trend. This approach can really pay off, especially if you are accumulating a good stash.
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Re: Who says it's too late to buy Bitcoin?
by
EclipseXcrypto
on 28/01/2025, 08:45:59 UTC
⭐ Merited by JayJuanGee (1)

I would not buy bitcoin now, because bitcoin is too high in my opinion.
If you already accumulated enough bitcoin (or more than enough), then you are in a position to wait. 

If you have not accumulated enough bitcoin or more than enough bitcoin, then you might need to consider continuing to accumulate.  Of course, since you have been registered on the forum since 2017, you may well be in a position in which you have accumulated enough or more than enough bitcoin. . That is surely for you to figure out.
Exactly, I think he has already accumulated a lot of bitcoin earlier before now maybe he wouldn't want to take the risk to invest in bitcoin now that the price is expensive.

How do you know that Cryptmuster is even close to accumulating enough or more than enough bitcoin?  So frequently guys get into a trading kind of mentality, and they start to believe that they need to slow down in their BTC accumulation because the BTC price might correct, so even if they don't devolve into selling, they come to bitcoin with a faulty mindset that lacks in aggressiveness, so they likely had failed/refused to adequately/sufficiently prepare for UPpity in the past nearly 8 years, so they continue to make the same mistakes by overly focusing on the BTC price rather than focusing on whether they have enough or not.

Sure it is possible that Cryptmuster has accumulated enough or more than enough, but based on the way that he posted, I have my doubts. He seems to be waiting for the BTC price to dip, which may or may not end up happening, and really he should not even need the BTC price to dip... but hey, whatever, we cannot go back in time. We have to go from today and right now.  You buying or not? or do you think waiting is a good BTC investing strategy?

It might be that he hasn't even accumulated enough bitcoin probably just waiting for a dip before investing.

I dont know about Cryptmuster accumulating status or level, but the way he said it that bitcoin price is too high might mislead those that requires consistency. Because for one to be consistent you dont need to give a fuck about the price, all you do is steady accumulation regardless of market price. As a consistent investor, you just keep buying regardless of the price it's all about that long-term strategy, Whether it's going up or down you stick to your plan and keep accumulating.

What seems too high at one moment can totally look like a great opportunity later on. Last year, many people thought the price was too high at $60k - $70k and were waiting for a dip, but instead, it just kept climbing. It shows how unpredictable the market can be. Right now, So its better to be in the market at all given time because there's a strategy that gives us the leverage to purchase Bitcoin regardless of price.
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Re: Who says it's too late to buy Bitcoin?
by
EclipseXcrypto
on 28/01/2025, 08:40:07 UTC
I would not buy bitcoin now, because bitcoin is too high in my opinion.
If you already accumulated enough bitcoin (or more than enough), then you are in a position to wait. 

If you have not accumulated enough bitcoin or more than enough bitcoin, then you might need to consider continuing to accumulate.  Of course, since you have been registered on the forum since 2017, you may well be in a position in which you have accumulated enough or more than enough bitcoin. . That is surely for you to figure out.
Exactly, I think he has already accumulated a lot of bitcoin earlier before now maybe he wouldn't want to take the risk to invest in bitcoin now that the price is expensive.

How do you know that Cryptmuster is even close to accumulating enough or more than enough bitcoin?  So frequently guys get into a trading kind of mentality, and they start to believe that they need to slow down in their BTC accumulation because the BTC price might correct, so even if they don't devolve into selling, they come to bitcoin with a faulty mindset that lacks in aggressiveness, so they likely had failed/refused to adequately/sufficiently prepare for UPpity in the past nearly 8 years, so they continue to make the same mistakes by overly focusing on the BTC price rather than focusing on whether they have enough or not.

Sure it is possible that Cryptmuster has accumulated enough or more than enough, but based on the way that he posted, I have my doubts. He seems to be waiting for the BTC price to dip, which may or may not end up happening, and really he should not even need the BTC price to dip... but hey, whatever, we cannot go back in time. We have to go from today and right now.  You buying or not? or do you think waiting is a good BTC investing strategy?

It might be that he hasn't even accumulated enough bitcoin probably just waiting for a dip before investing.

[/quote]

I dont know about Cryptmuster accumulating status or level, but the way he said it that bitcoin price is too high might mislead those that requires consistency. Because for one to be consistent you dont need to give a fuck about the price, all you do is steady accumulation regardless of market price. As a consistent investor, you just keep buying regardless of the price it's all about that long-term strategy, Whether it's going up or down you stick to your plan and keep accumulating.

What seems too high at one moment can totally look like a great opportunity later on. Last year, many people thought the price was too high at $60k - $70k and were waiting for a dip, but instead, it just kept climbing. It shows how unpredictable the market can be. Right now, So its better to be in the market at all given time because there's a strategy that gives us the leverage to purchase Bitcoin regardless of price.
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Re: Who says it's too late to buy Bitcoin?
by
EclipseXcrypto
on 28/01/2025, 08:32:19 UTC
How do you know that Cryptmuster is even close to accumulating enough or more than enough bitcoin?  So frequently guys get into a trading kind of mentality, and they start to believe that they need to slow down in their BTC accumulation because the BTC price might correct, so even if they don't devolve into selling, they come to bitcoin with a faulty mindset that lacks in aggressiveness, so they likely had failed/refused to adequately/sufficiently prepare for UPpity in the past nearly 8 years, so they continue to make the same mistakes by overly focusing on the BTC price rather than focusing on whether they have enough or not.

Sure it is possible that Cryptmuster has accumulated enough or more than enough, but based on the way that he posted, I have my doubts. He seems to be waiting for the BTC price to dip, which may or may not end up happening, and really he should not even need the BTC price to dip... but hey, whatever, we cannot go back in time. We have to go from today and right now.  You buying or not? or do you think waiting is a good BTC investing strategy?

It might be that he hasn't even accumulated enough bitcoin probably just waiting for a dip before investing.
..
I dont know about Cryptmuster accumulating status or level, but the way he said it that bitcoin price is too high might mislead those that requires consistency. Because for one to be consistent you dont need to give a fuck about the price, all you do is steady accumulation regardless of market price. As a consistent investor, you just keep buying regardless of the price it's all about that long-term strategy, Whether it's going up or down you stick to your plan and keep accumulating.

What seems too high at one moment can totally look like a great opportunity later on. Last year, many people thought the price was too high at $60k - $70k and were waiting for a dip, but instead, it just kept climbing. It shows how unpredictable the market can be. Right now, So its better to be in the market at all given time because there's a strategy that gives us the leverage to purchase Bitcoin regardless of price.
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Re: Buy the DIP, and HODL!
by
EclipseXcrypto
on 27/01/2025, 14:51:02 UTC
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Whether you're rich or poor,  save some money for emergencies before or while you buy Bitcoin.  Life happens. Bitcoin is a long-term game; be patient and hold. Having savings protects your Bitcoin journey.

Bitcoin investment doesn't discriminate between the poor or rich, it follows the same investment guidelines and principles for everyone. Having an emergency fund is indeed a crucial part of those guidelines. It ensures that you're financially secure and can withstand any unexpected expenses without having to dip into your investments. This way you can maintain a smooth investment journey in Bitcoin.

Any investor who doesn't plan or save for emergencies might face challenges along their investment journey. Having an emergency fund truly gives an investor an edge over unforeseen problems, making the investment journey simpler and smoother. It allows us to keep our investments moving without the worry of dipping into them during tough times.
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Re: Buy Buy Buy or Sell Sell Sell?
by
EclipseXcrypto
on 27/01/2025, 08:39:48 UTC
⭐ Merited by JayJuanGee (1)
You are retarded if you are posting a bunch of pro-bitcoin posts, but still you have not yet started buying bitcoin. You have also been registered on the forum since May 2024, which provides further evidence of your level of dumb for not buying any bitcoin.  
I regret not being able to buy Bitcoin but I can manage my household expenses with what I earn but I don't have the money to save and buy Bitcoin. Ever since I got into Bitcoin, I had the perfect time to buy Bitcoin but I always regret not being able to buy Bitcoin because I didn't have the money. I am not disabled poverty has disabled me. I have started to slowly climb up the ladder with my hard work. I have a strong belief in my heart that one day I will make a success by investing in Bitcoin.

Anyone who earns, and truly wants to invest in bitcoin won't make excuses. There are strategies in Bitcoin investment that make it easy for anyone to invest, no matter how little they can afford. Its all about determination and taking steps towards your financial goals.

If your earnings is not enough, atleast there are things we buy or expenses we make most times that are unnecessary, its important to start budgeting your expenses look at areas where you buy things which are not essential and save, even if its little by little at a time it will add up over time. You can also consider engaging in other side hustles to increase your income. This way, you can start investing little by little.
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Re: Who says it's too late to buy Bitcoin?
by
EclipseXcrypto
on 24/01/2025, 14:15:02 UTC
It's never really too late to buy bitcoin if you're in it for the long haul. It's true that bitcoin has already experienced huge growth but with the increasing adoption of blockchain technology and crypto in general, there could still be opportunities for it to reach new heights. I see bitcoin less as s short term investment and more as a part of a diversified portfolio over time
A lot of folks get discouraged when they see Bitcoin price skyrocket but the reality is there's still plenty of potential for growth. If you invest with the right mindset you can totally overide the hurdles along the way and see some awesome returns down the line. No matter the price, you can always invest in Bitcoin at a level that feels right for you. The potential for growth is still there, and it’s awesome that you can jump in and take advantage that it presents at all given time.

When you invest in Bitcoin it's like planting a seed. It might take time to grow but with patience and the right care it can flourish. The market can be volatile, but if you are in it for the long term you can really benefit from those ups and downs. Bitcoin has a solid track record of bouncing back after dips, which is a good sign for long-term investors.
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Re: Buy every dip!
by
EclipseXcrypto
on 23/01/2025, 15:44:33 UTC
Honestly, I'm starting to get fed up with all the talk about coins like this because it seems like too many people are blinded by the temporary hype that they don't realize it won't last.
In some sub forums there is also a lot of discussion about trump again, trump again and I'm getting bored with discussing coins that in the end will not develop apart from those who are trying to raise and drop it quickly as usual.

The conditions remain the same when indeed we are trying to find the best from the investment process that we do so why approach coins like this especially for the hype that in the end it will all come back to the original price even though it cannot be denied that the increase will come quickly but the destruction will come quickly because the shitcoin scheme will remain the same all without exception.
So in the end, don't be too provoked just because of hype and fomo let alone have ridiculous beliefs like some people who say with full awareness that trump can surpass bitcoin   Roll Eyes It's hard to digest sense lol.
Every alt has one thing in common which is they have a cycle like this:

1. It is launched.
2. It goes up.
3. and goes down and stay down forever.

Despite the fact that there are so many Atls that have eaten money of people, still people are investing money in coins like Trump and Manila. they might be the one who don't do proper research or study the past incidents before investing in such alts or the one who live in denial. Since we are discussing how to invest in Bitcoin and HODL here in this thread, our main focus must be about defining strategy on how to invest in Bitcoin and HODL for long term.  
I spent majority of my time lately, advising people to be careful of the trending memcoins because they will definitely end in tears. What broke my heart is when I saw people talking about holding $TRUMP for years  because they believe that if the ETF that was filled for $TRUMP is approved, the coin will surge and remain strong for a very long time. I don't know who is motivating them in this direction but what I do know is that the hype will die with time and so will those shitcoins that are built on nothing.

I have learnt that no matter what we do, people will always be moved by the urge for quick profits. This is even the reason why these shitcoins are able to rake money from people. If people can see that the way to build sustainable investment is through Bitcoin, maybe they will learn to remain with Bitcoin.

It's unfortunate that many people have to learn the hard way before realizing they wasted their finances and time on non profitable investments. The hype around $TRUMP seems to grow more from the president's status rather than any real substance or solid foundation. It's important for investors to look beyond the surface and assess the true value and stability of any investment especially when it comes to meme coins like $TRUMP.  Staying grounded and making good decisions based on solid principles rather than getting caught up in the hype. With someone as controversial as Trump, it's crucial for people to tread carefully and not get caught up in all the hype surrounding this meme coin.
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Re: Who says it's too late to buy Bitcoin?
by
EclipseXcrypto
on 23/01/2025, 07:29:22 UTC
⭐ Merited by JayJuanGee (1)
I understand that in my most recent posts I have been waffling a bit on distinctions between investing and trading, since I recognize that there had been times that I had been too strict in my own descriptions, especially there can be some areas that end up overlapping.. and so surely it helps if the investment timeline is 4 years or longer and it also helps if there is not any kind of rush to withdraw large amounts at a time..

I also understand that once a bitcoin investment is largely in place and it is mostly either sustaining its value and/or growing in value (also needing to attempt to account for debasement of fiat), then these would seem to be more investment practices rather than trading practices, even though once the investment is largely in place, there can be trading within it without really jeopardizing the overall value of the investment that would largely be growing or even having core amounts of the invest that does not get withdrawn, it just largely sits and continues to gain in value .

There are many threads, including this one, that has more of a focus on whether and how to get started rather than how to manage your investment after you have been in it for a cycle or two... so both getting started and how to maintain an accumulation practice for a whole cycle seems to be the first part that many newbies need to get through before they reach the dilemma (and the various practices and additional options) that comes from considering how to manage their BTC holdings after they had spent a decent amount of time building it up to a status of sufficient and/or overaccumulation.

Yet the question of trade versus investment still likely remains relevant because of course, if a newbie cannot even get into the mindset of investing rather than trading, then we might be talking past each other, and I don't give too many shits about trying to help anyone to figure out how to trade bitcoin, they can do that on their own, since it can be a crapshoot and if folks are coming to bitcoin to gamble or trade, then that's on them to figure out those kinds of details and/or to make their guesses of BTC price direction based on those trading/gambling kinds of considerations.  The investor does not need to get caught up in that and just largely start out putting in money into bitcoin on a regular basis for 4-10 years or longer and just keep building and then once the BTC holdings is built to a certain level, reassess options at that point.. and presumptively the BTC price goes up during the whole process, even though it is not guaranteed to go up, yet bitcoin is likely amongst one of the best, if not the best, asymmetric bet to the upside, and I am using the term bet in regards to long term, which asymmetric bet means that the most that as long as leverage is not employed, then the most that can be lost is 100%, yet the upside potential seems to be quite great (even though not guaranteed).
People have different ideas. They always think about profit. People want to get rich as soon as possible. No matter how much we tell them to invest instead of trading, they will only start trading when they get the opportunity. However, I would like to tell my fellow traders and investors that we should invest for the long term first, then secure our capital and trade at a rate of 10-15% per annum to meet our needs.

If a person wants to have a long-term view while investing in Bitcoin, he will actually focus on investing instead of trading. The advantage of long-term investing is that once you have placed your investments, you can let them grow over the years, providing opportunities for capital growth. Meanwhile, trading is like a gambling game, where you repeatedly buy and sell to trade the fluctuations in the stock price and make short-term profits or losses.

For example, let's say I start investing in Bitcoin in January 2025 and I plan to review the value of my accumulated Bitcoin in 2035. So what if I buy small amounts of Bitcoin regularly during this period? Then, even if the market price fluctuates at different times, it will achieve long-term growth for my investment, because Bitcoin has a long-term price growth trend.

Now suppose, I was trading during this period and sometimes bought Bitcoin and waited for the price to rise, and sometimes sold it immediately when the price fell, then my profit or loss would depend on the short-term market fluctuations. As a result, my risk exposure would be much higher. But, as a long-term investor, if I hold Bitcoin, even if the market drops a little, I will eventually achieve long-term growth.

Therefore, as an investor in Bitcoin, you should let it grow over time, and not let market fluctuations affect your investment.
After putting in the time and effort to secure your capital over a period of time, it doesn't make sense to risk it on trading for those quick gains. Even if you put 10-15% return per annum, the volatility and unpredictability of trading can easily wipe out the hard work you've put in. The odds are always against traders especially in a volatile market like bitcoin, its a gamble that often leads to more stress and potential losses than it's worth.

Prioritizing and Sticking to a long-term investment strategy, can create a more stable financial foundation and allows you to reap the rewards of your patience and discipline without jeopardizing your previous efforts. The focus should be on steady growth rather than chasing after fleeting opportunities that could end up being detrimental. preserving what you have built and allowing it to grow sustainably.