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Showing 15 of 15 results by Mr_Brilliant$
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Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Mr_Brilliant$
on 26/08/2025, 14:00:34 UTC
Indeed, the real strength of Bitcoin doesn't rest in the short term price  movement but rather in the very fact that it has always managed to recover and push up even higher after every dip. This cycle is what is bringing in new users, and a stronger adoption, which makes the network more valuable and bigger over time. That is why I wasn't even surprised when El Salvador adopted Bitcoin as legal tender.
The very mistake that many beginners make is panicking during dips instead of realizing it will later bounce up and even reach an ATH. As investors, if we zoom out and look at the bigger picture, it’s so obvious that holding Bitcoin with patience usually pays off much better than reacting to every price swing.

Looking at Bitcoin adoption today, we might find it even more widespread, as some large companies are already happy to accept Bitcoin as a form of payment. Therefore, the potential for Bitcoin's price to rise in the future is still very much open, given its continued global adoption. Therefore, we shouldn't panic when we see the clear facts about Bitcoin's current strength.

Yeah bruh, the adoption today is nothing compared to what it used to be some years back TBH... i remember back then in 2017 Bitcoin was kidda still a baby then, compared to now though, the global adoption of Bitcoin was still very tiny, around 2% of the world’s population. At that point, only a few people understood what they were holding, I didn’t even took advantage of Bitcoin back then in 2017.. At the beginning of 2017 Bitcoin was just around $15 to 17 billion, but by mid 2017 it was already climbing up into the $40 to 70 billion range which was crazily fast, and before the year ended in December when Bitcoin touched $20k, the market cap pushed close to $300 to 330 billion… That was a crazy run but still small compared to what we are seeing now.. So talking about Bitcoin adoption, there’s still a wide range for growth…

If we’re to talk about today in 2025, which is so obvious, things have scaled really massively… Even though it is still early, less than 6% of the global population is involved with Bitcoin… That number might look small first, but when you compare it to 2017, it is a huge jump. .  The market cap too has told its own success story already, from just $15B–$17B at the start of 2017, we are now sitting on over $2.2 trillion in value.. This growth alone shows how deep adoption has gone and why companies and even institutions are no longer shy about embracing Bitcoin…

Now let’s pause and just imagine this… WHAT IF 20% OF THE WORLD ADOPTS BITCOIN?? Haha  Cheesy  Right now we are talking less than 6% and the market cap is already $2.2 trillion… If adoption hits 20%, that is more than three times the present level. Theoretically, you could be looking at a Bitcoin market cap crossing $7–8 trillion easily, maybe even brushing against the size of gold market cap… That is not small at all bruh, it is a possibility if adoption keeps compounding the way it has from 2017 till now…

That is why I do not see any need for panic when short term price swings happen... Bitcoin has already proven it strength by growing from almost nothing into a multi trillion dollar asset in just over a decade. The trend is clear, adoption continues to rise and the whole thing is getting stronger.. The numbers do not lie.. if Bitcoin could jump from less than 1% adoption to nearly 6% in less than ten years, then the next wave could be even bigger than what we have seen so far….
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Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Mr_Brilliant$
on 25/08/2025, 08:42:55 UTC
Many folks end up figuring out how much they can invest on a regular basis (perhaps weekly?) and then just investing and building their bitcoin position over time, and it tends to take a decent amount of time to build up an investment so that later down the road the benefits of all that hard work, dedication and delayed gratification might have good chances of improving the guy's situation, even though such guarantee of improvement was not and is not present.
Some persons don't want to just start that has been a big problem but they are evenly ready to complain and feel bad when they see bitcoin price hit higher than it was when they were supposed to invest, trying to work out modalities on how to invest in bitcoin in whichever way that suits us individually has always been the backbone of many bitcoin investors, some bitcoiners has learnt how to initiate the habit of talkless and do more, it is not all about how much we have rather it is about figuring out our discretionary income on daily, weekly and monthly based whichver way we chose so that we can invest with it smartly and much more consistently.

I have realized that some people are not ready to make sacrifice for the future, they are always concerned about the present there by forgetting to work  or lay foundation for the future, even when they have the finances to do so, bitcoin investment is a thing of the mind, even though are not sure of what's about to come in the future, history has given us hope that there will be light at the end of the tunnel.

Bruh, i think the biggest challenge most people face is not really about the money itself, but about mindset and discipline. It is easy to say i will start tomorrow or keep waiting for the so called perfect entry, but that delay later turns into regret when the price takes off.. The truth is, there is always going to be a reason to hesitate, but the people who actually build something out of Bitcoin are those who act even when they do not feel 100% sure...

Another thing is sacrifice like you mentioned. A lot of folks can afford that daily soda, those constant Netflix Subscription, or even weekly hangouts, but they never pause to think and redirect a fraction of that into stacking Bitcoin.. It does not take a huge capital to start, it just takes consistency and a little self control.. Over time those little pieces add up, but because people want quick results, they do not value the slow and steady approach..

At the end of the day, it is more about someone plan, vision and patience. If you think only about the now, you will always miss the bigger picture.. The early adopters were not sure either, but they planted their seeds regardless. That is why I see Bitcoin more as a test of conviction than just an investment.. You either believe enough to lay a foundation, or you keep watching from the while others reap the rewards later...
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Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Mr_Brilliant$
on 24/08/2025, 05:39:31 UTC
For those who are still waiting for the bearish season to arrive before they can buy bitcoin, I think they should just count themselves out of the people that will buy bitcoin this season. Because a person who really wants to invest in the Bitcoins will not still be waiting for the bearish season to arrive, and they say the earlier is better. What if the bearish season later comes at the wrong moment? How can he do it? He will end up with regrets.

Whats the definition of bearish season? Five years from now, may be we will call this price of 115k as bearish just like we now call price of 10k back in 2019 as bearish. I think there is no formal definition of bearish price or season as we are not sure whether current price is the bottom or price will go further down from here. Those who don't have good amount of Bitcoin must continue to accumulate bitcoin for five years or more and they must not pay attention to voices of bearish season and it's too late to buy Bitcoin.  

If you wait for Bitcoin to fall, you may regret it in the future, because the price of Bitcoin, which is a challenge to determine, is cheaper today than in the future because the demand for Bitcoin which has increased greatly at present and will increase many times in the future and the price of Bitcoin will increase greatly, but although there is no guarantee of this but the future of Bitcoin is bright, when to enter or exit the market for investment frees you from this kind of challenge when using the DCA strategy, the DCA strategy will be the best for you to grow your wealth,

This is true, because waiting around for Bitcoin to drop more is how a lot of people end up with nothing… Truth is, nobody can tell you the exact bottom, and if you keep waiting for it, you might just sit there and watch the price double before you even make your first buy… Even now, what looks expensive today will probably look cheap a few years from now, that is just how Bitcoin has always moved..

That is why DCA really saves you from all that headache..  Instead of stressing about the perfect entry, you just keep buying little by little no matter the price. Sometimes you will buy high, sometimes low, but in the long run your Bitcoin stack keeps growing. It might look slow, but it works way better than trying to play smart and timing everything…


You are correct, and I can tell you that this is one of the reasons why some individuals do not have Bitcoin today. One thing an investor should remember about investing in Bitcoin is that every time is good to buy Bitcoin; don't expect the price to drop to use the opportunity to buy Bitcoin; when the price drops $103,000, some people think the price will drop more than that, and the price has risen back to 115k; some people still believe that the price will drop, If they do not have the funds to buy in large amounts, they are free to buy with any amount they have and keep for a long length of time, it is not required to buy in large amounts, at the absolute least, buy now rather than waiting a long time, as we do not know if the price will drop soon.

Stop calling someone who has not buy Bitcoin for investment as an investor. You should say an aspiring investor or anything you choose to call them. Bitcoin investment is accessible to anyone, as long as you have a stable income to carry you along the line. However, not everyone can invest in Bitcoin because of several reasons. One big reason is procrastination and personal conviction. Most people will never accept any new technology unless they are convinced personally and how is that possible if they do not give it a try.
A stable income is not just what is needed for one to start accumulating bitcoin but rather discretionary income therefore I believe it will be appropriate to say that as long as one have discretionary income they are good to start accumulating bitcoin instead stable income. Since it is possible for one to have a stable income without having a discretionary income, because our expenses do differs. Finally even without a stable income one can start accumulating bitcoin as long as the discretionary income is there to start with.

You are right dude ,Having a stable income does not guarantee the ability to invest if all the cash is tied up in necessary expenses , discretionary income truly is the key factor because it is the extra money that allows you to take financial risk or build assets like Bitcoin. it also makes the i deal of starting small much more accessible , even if the income is not stable as long as you have some discretionary funds you can begin accumulating

The thing here is, only people who can actually plan their finances well that end up having something left to invest. If you are just spending randomly and every little income goes straight into bills, then you will never see extra money for Bitcoin.. Discretionary income does not appear by magic, it comes from being intentional about your money, cutting out waste, and setting priorities right…..

Those who manage to keep aside discretionary funds are the ones who can afford to take that step into building wealth. It does not matter whether they earn a lot or a little, what matters is they know how to budget.. Someone earning average pay but disciplined with their money will stack way more Bitcoin than a high earner who spends everything without thinking..

At the end of the day, investing in Bitcoin comes down to planning. If you can not control your finances, you will always end up touching your investment or not even starting at all. But if you are able to consistently put aside even a small bit as discretionary income, then you are already in the game…
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Board Speculation
Re: Buy the DIP, and HODL!
by
Mr_Brilliant$
on 23/08/2025, 18:20:11 UTC
If a person invests in Bitcoin according to the DCA method, he will definitely be the most self-sufficient and will be able to hold it for a long time, so he will not have to worry about his Bitcoin investment and later he will definitely continue to get huge benefits in proportion to the savings made on the purchase price.
Your statement that investing through the DCA is a guarantee that the investor will hold for long is a little incomplete and it is good to set the record straight. The DCA method may encourage someone to think long term since the investment is not made under pressure but what will help an investor to actually hold for long is to invest with only discretionary income and to set up emergency funds. While we are encouraging people to adopt the DCA method, we should also add that investing within the discretionary income and setting up emergency fund are important practice that will guarantee that the investment is protect and not sold off under pressures. This is just one simple addition I needed to add to make your comment complete.

Bitcoin investment should be done this way and try to make them more meaningful as far as possible. Maybe you invested $ 30 in Bitcoin this week and think about making $ 30 to $ 35 later. In this case, abandon your waste and neglected expenses because you learn to use your money in the right place. If you can invest in Bitcoin with such thinking, it is possible to go further, because the DCA method of investment only helps the investor to use the money properly, the DCA method has many advantages but we never think about it with our proper knowledge.

In the future, only those Bitcoin investors who follow the DCA method and hold Bitcoin for a long time will be successful.

The fact that most of us here, including myself, believe in the DCA strategy does not mean it is the only surviving strategy out there. So saying only those who follow DCA will be successful is just totally wrong, man. Let’s be honest, people have different approaches, some stack in bulk when they have funds. They all still end up building their bag, just not the same way.

Yes, the part yu talked about holding Bitcoin for the long term, you are actually right with that… Time is the edge anyone can have in Bitcoin investment... But you should also realize that even with DCA being one of the best strategies, it is not the single path to success.. The real goal is to keep stacking and not panic sell, regardless of how you are doing it…

Personally, I will still advise DCAing because that is what I use and it has kept me consistent without stressing too much..  But at the end of the day, what matters is they are stacking BTC and holding strong, because that is what will count in the long run…
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Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
Mr_Brilliant$
on 23/08/2025, 18:02:04 UTC
What amount do you classify as much capital. To start your investment you dont need an actual amount to start it, all you need is a stable job, an income, and a discretionary income from your actual income. With time you can have more passive income to increase the percentage of your discretionary income you do invest with, that is if you are using the dca strategy. However, most rich people prefer to lump sum, since they do not want to hesitate in having a good amount in their portfolio

You don't need a stable job to invest. You need a source of discretionary income to invest. There are many people whose source of income is not stable. You need to find discretionary income from your source of income.

Bruh, do you even understand what you said, Loyang? Because honestly it does not really add up. You are saying someone does not need a stable job to invest, but still needs discretionary income.. Now let’s be real, question for you: if a person does not have a job or at least something consistent bringing in money, how exactly are they supposed to have discretionary income?? You can not spend what you do not earn, so it sounds a bit contradictory…

Yes, it is true not every income is fully stable, some people freelance, some hustle, some do business, and that is fine. But even with that, there still has to be some form of steady inflow before you can even think of setting money aside for investing.. Without that base, you are just talking theory. Investment comes from actual earnings and not is created out of thin air, whether stable or not..

That is why most people always advise having a stable source of income, if possible, before taking investing seriously. Especially with Bitcoin, because effective DCA works best when you have money coming in consistently. The truth is If you are always struggling with where the next cash is coming from, you will either break your plan or end up selling early….
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Board Speculation
Re: Buy the DIP, and HODL!
by
Mr_Brilliant$
on 23/08/2025, 03:09:34 UTC
Generally, it is good to be very intentional about we want and what we need in regards to how we spend our money, there should be a definitive purpose in making that money making decisions, most times people only realize what they should have done earlier with their money probably when the money is no longer there, responsible spending is good and fact that can not be debated and such realization of understanding the difference between what we need and what should be considered as want is also good in making a good money spending decision because it is not always about where we are now but where we are going to be in the future.

Only Bitcoin plays the right role for future economic security, that's why I think every conscious person must have Bitcoin investment. Everyone has a future in life, that's why Bitcoin is able to change the Bitcoin holding situation the fastest, if you have a job, then definitely leave aside the basic expenses of your family and deposit the remaining money in Bitcoin instead of depositing it in the bank. In that case, you will get benefits from Bitcoin holding several times more than the bank's interest.
If you follow the DCA method weekly, then this will be the best method, because you will get the opportunity to buy Bitcoin dips every week. The dip that is going on in the Bitcoin market at the moment, this dip should definitely be accepted by every Bitcoin holder.

I see your point here because the real difference between holding Bitcoin and keeping money in the bank comes down to long term value. Banks are designed to preserve capital but not really to grow it, interest rates will never outpace inflation. Bitcoin on the other hand has a history of rewarding patience by multiplying wealth over time even after deep corrections. That is why it makes sense to treat it as a store of value for future security.
Money deposited in the bank is as good as money kept in the house, the only difference is that termites don't eat money in the bank. Going by the way inflation is happening recently and bad governance, it will be improper to allow your excess funds in fiat which could possibly devaluate any moment. Bitcoin is not just for future profits, it helps to preserve the genuity of your funds. Buying bitcoin always and not just the dips as long as you have a discretionary income.

Honestly, keeping money in the bank these days feels more like you are just holding it for the system rather than for yourself.. The interest you get is nothing compared to how fast inflation eats it away, so in the end you are still slowly losing value without even noticing.  At least with Bitcoin you know your money is not sitting idle, it is stored in something that has proven to grow stronger over time no matter how many dips come in between.

Another thing is, banks are only as reliable as the government behind them, and it is obvious governance is shaky, and that trust gets weaker by the day.  People have saved for years, while their currency has lost half its value overnight. That is a different type of pain entirely.. With Bitcoin, you are outside that trap, because no government can suddenly decide to print more and dilute what you have been working for. It gives you more control, and I think that is the biggest advantage.

Of course, it does not mean you throw every last cent into Bitcoin and forget about daily needs, but if you have some extra income like you said, turning it into BTC regularly is way better than leaving it to rot in fiat. At the end of the day, it’s about protecting what you already have from being stolen silently by inflation. That is the part most people do not realize until it is too late…


Somehow I believe we have enter the bearish season because the level of this Dip was really massive, check where the price of Bitcoin was and where it Dip to and for those that are still waiting for price to Dip more they are really wasting time because the price will surge from here soon.

I would not consider a 10% dip to be massive, and surely there is not way of knowing if the dip might be more from here or not.  It is not unusual for various dips to take place with bitcoin, even though perhaps every time dips happen folks try to proclaim that this time is different blah blah blah.. and maybe it is different, and maybe not.  It is not a good practice to get overly presumptive about the short-term price, even if everyone (or nearly everyone) is expecting BTC price to reach $180k or larger.  I certainly expect that there are good odds for BTC reaching $180k or larger in the coming 1-10 months, yet still I understand that there is also a possibility that the top for this cycle is already in at $124.5k... and yeah, it is possible to have both scenarios in our head at the same time and to be financially and psychologically prepared for either scenario or some other variation.

You’re right sir, and I agree with you that it’s not a good a practice to get overwhelmed or overly presumptive about the short term price, and come to think of it a 10% isn’t something massive and be excited about as it’s too early because everyone who truly understands the dynamics of bitcoin will know that anything can happen at any time, there’s every possibility that even though there’s a little 10% drop now, there’s a possibility that in the next few minutes we’ll be witnessing even more that a 10% increase. So for me, I suggest that everyone should just calm down and focus more on figuring out a discretionary income to continue accumulating bitcoin no matter the price with their on going long term strategy of consistently or persistently accumulation of bitcoin and hold for the long term goal and gradually build up their portfolio. Sometimes, people who gets overly excited or emotional when they noticed a little downturn in the market are traders who are in for a short quick profit making mindset and not really a true investor.

Those who panics at the down trends are only harming their healths because you can not expect a volatile market to stably skyrocket all because you own a portfolio in the market cap.

Yeah exactly, panic in this market does more damage than the dip itself. If someone chooses to invest in Bitcoin, the first thing they should prepare for is swings both ways. Thinking it is only going to go up just because you are holding some coins is like setting yourself up for unnecessary stress.

I always see downturns as part of the normal breathing of the market. If you can not handle those red days without losing sleep, then maybe it is better not to be in at all…
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Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Mr_Brilliant$
on 23/08/2025, 02:45:27 UTC
⭐ Merited by JayJuanGee (1)
We are seeing Bitcoin’s price bottom at a level that would have been an all time high 2 months ago. That is bullish.

Bitcoin isn’t ready to top for this cycle yet, but it’s possible it has. I think it is still a market to buy though. The value is getting high to be taking on big new positions, but I don’t see any reason to stop DCA’ing.

The DCA method for me is the most subtle method to accumulate bitcoin no matter the price. If an individual decides to lump sum then is basically dependent on his level of income, but for the DCA method it’s not dependent on any category, both the high and low income earners seeking a long term strategy of continuous and consistently accumulation of bitcoin and hodl, are most certainly and likely dependent to go by this method to accumulate and hodl. The DCA allows you the most stability and consistency in the market which for me you don’t depend on the price of bitcoin before you accumulate. I don’t also see any reason stopping DCA.
Today's ATH will surely be dip sometime in the future

I do not know why this sounds so true and cool in my ears haha Cheesy, but in reality it is actually 100% true.. Every ATH will surely be a dip sometime in the future, no matter how big the hype feels at that moment.. The market always has a way of proofing itself, and what looks like the very top today usually turns into a stepping stone later on.. It is just the natural way of Bitcoin price now...

The interesting part is how people react to it. Some get scared and think the dip is the end, while others understand it is simply part of the journey..  A dip after ATH does not mean failure, it is more like the Bitcoin catching its breath.. In fact, without those dips, how would you expect enough strength to push for new highs.?.  And is the people that sees this as an opportunity instead of a threat that usually ends up ahead..

For me now, TBH, I do not really celebrate some of these ATHs too much, because honestly they come and go like normal phases in Bitcoin.. The key prices I will be celebrating are when we are talking about serious price like $200k to $1m haha Cheesy, that is the kind of level that will change the whole conversation around Bitcoin and even the financial sector at large. I have got my eyes on those prices lol, until then every other ATH in between just feels like checkpoints on a long road trip... i am not saying it is bad to acknowledge them, it is just how i see it.. In all my point is the dip is not the opposite of ATH, it is actually the partner that makes the next ATH possible...

What I see is that ATH and dips are not just about price action, they are actually psychological checkpoints. Each ATH forces the market to bring in a new wave of believers, while each dip cleans out the weak hands who only came in for quick gains. That cycle of onboarding and cleansing is what keeps Bitcoin strong long term.

Another way to look at it is that dips after ATHs serve as price memory. Once Bitcoin has touched a certain level, even if it falls, that price gets written into history and becomes a reference point for future rallies. For example, when Bitcoin broke $20k in 2020 after rejecting it in 2017, that memory made it a strong support instead of just a random number. The same will happen with every new ATH going forward.

So instead of seeing ATH and dip as opposite ends, I see them as stages in Bitcoin’s process of building trust in the market. ATHs expand the imagination of what’s possible, and dips test conviction to filter who really understands the asset. That is the deeper game behind the numbers.

You are right, I never really looked at it that way before but it makes sense. ATHs do pull in a new set of people who suddenly believe this thing is real and dips are usually where you see who was only here for quick money.. It is almost like Bitcoin has its own way of separating noise from the serious players, and it keeps repeating the same test every cycle..

And that price memory point you made is so true.. yeah that $20k felt like an impossible wall back in then, and then in 2020 when it finally broke, it was not just another number anymore, it became a solid floor. Since then I do not even look at those old levels the same way, they just turn into history marks. and that is probably going to keep happening with every new ATH we see..

For me, I just see ATHs and dips as two sides of the same coin. The hype pulls you in, the dip checks your patience, and if you survive both, you end up stronger. It is not always easy to sit through it, but that is literally the game with Bitcoin especially with a long term mind set..
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Board Gambling discussion
Re: Is it wrong to take a temporary break from gambling?
by
Mr_Brilliant$
on 22/08/2025, 07:41:46 UTC
Honestly, taking a temporary break from gambling is not wrong at all, infact in some cases, it is probably the smartest thing you can do.. Some people will think stepping away is a sign of weakness, but it is really just giving yourself the chance to breathe, reset and see things more clearly. When you are deep in the game, emotions get messy, and ur decisions can be reckless, pausing for a bit will only prevent you from making moves you’ll regret later.

For me, breaks help me reflect on my mindset. It is not about quitting; it is about coming back more in control.. Honestly, some of my best decisions in gambling have come right after a short pause, when I was able to see the clear picture without the pressure of chasing a win. Sometimes, stepping back is exactly what you need to move forward smarter...
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Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Mr_Brilliant$
on 22/08/2025, 06:48:37 UTC
We are seeing Bitcoin’s price bottom at a level that would have been an all time high 2 months ago. That is bullish.

Bitcoin isn’t ready to top for this cycle yet, but it’s possible it has. I think it is still a market to buy though. The value is getting high to be taking on big new positions, but I don’t see any reason to stop DCA’ing.

The DCA method for me is the most subtle method to accumulate bitcoin no matter the price. If an individual decides to lump sum then is basically dependent on his level of income, but for the DCA method it’s not dependent on any category, both the high and low income earners seeking a long term strategy of continuous and consistently accumulation of bitcoin and hodl, are most certainly and likely dependent to go by this method to accumulate and hodl. The DCA allows you the most stability and consistency in the market which for me you don’t depend on the price of bitcoin before you accumulate. I don’t also see any reason stopping DCA.
Today's ATH will surely be dip sometime in the future

I do not know why this sounds so true and cool in my ears haha Cheesy, but in reality it is actually 100% true.. Every ATH will surely be a dip sometime in the future, no matter how big the hype feels at that moment.. The market always has a way of proofing itself, and what looks like the very top today usually turns into a stepping stone later on.. It is just the natural way of Bitcoin price now...

The interesting part is how people react to it. Some get scared and think the dip is the end, while others understand it is simply part of the journey..  A dip after ATH does not mean failure, it is more like the Bitcoin catching its breath.. In fact, without those dips, how would you expect enough strength to push for new highs.?.  And is the people that sees this as an opportunity instead of a threat that usually ends up ahead..

For me now, TBH, I do not really celebrate some of these ATHs too much, because honestly they come and go like normal phases in Bitcoin.. The key prices I will be celebrating are when we are talking about serious price like $200k to $1m haha Cheesy, that is the kind of level that will change the whole conversation around Bitcoin and even the financial sector at large. I have got my eyes on those prices lol, until then every other ATH in between just feels like checkpoints on a long road trip... i am not saying it is bad to acknowledge them, it is just how i see it.. In all my point is the dip is not the opposite of ATH, it is actually the partner that makes the next ATH possible...
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Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Mr_Brilliant$
on 21/08/2025, 11:01:04 UTC
There are a lot of folks who continue to be skeptical and scared of bitcoin, which will likely be their loss, and there might not be any real easy way to either convince them and/or to get them to take action to protect their own finances, psychology and likely improve their future options.  Even people who we might try to help, they may start out buying bitcoin, but then screw it up and even put themselves into a worse position because they fail to adequately prepare themselves and to learn about bitcoin and/or to moderate their entrance into bitcoin.

Exactly, as it is very difficult to convince skeptics with regards to Bitcoin. And from what I've learned, Bitcoin doesn't just want us to be technically inclined, as there are words like Blockchain, Bitcoin address, confirmation time, blocks and other technical jargon that might really scared a lot of investors. So Bitcoin doesn't just ask us to learn it's technology, but it teaches us to globally shift our mindset. And so it requires overcoming what has been the norm or status quo for many years. Human by nature resists change, so everyone has been teach to remain in the status quo, even if the current fiat system is flawed. And then the mindset conditioning, we are bias and conditioned to trust  central authorities, central banks and government. And with Bitcoin's decentralization model, it feels risky for the majority. So perhaps the best approach is to stop trying to convince them, but start trying to inform. Our goal should not to get them to buy, but to understand. So by that shift, maybe just maybe we can protect the people we are trying to help from themselves. And with that, patience and wisdom is the key here and that is the only way we can move forward. Just be calm when we are trying to help others, and again, maybe that will be good enough for those who are going to invest in a safe manner.
I don't think it will be necessary trying to convince anyone to invest in bitcoin because I believe bitcoin has passed this stage, especially those that are sceptical about bitcoin . Bitcoin has proven to be among the best assets, if not one of the most sought assets. Therefore I believe it is only the blind that needs someone to convince them before they will see the potentials of bitcoin and decide to start buying. Who ever that is still skeptical about the potentials of bitcoin at this stage that bitcoin has gotten to doesn't need any form of convincing, they will continue as a no coiner and before they will realise there mistake of not buying bitcoin, it would have been late.

Why would someone even with what he or she is seeing going on with Bitcoin atm still be looking for someone to convince him or her, then you are just been extremely funny, because the proof is already in front of us…. Bitcoin track record atm speaks way louder than any words..  At the same time, I also think some people are not really blind, they are just stuck in a comfort zone where the old financial system feels safer since it is all they have known… For them, it is not that they do not see Bitcoin, it is more like they refuse to step out of that box.. And sometimes, those kinds of people only learn the hard way when inflation or restrictions hit them directly…

But here is the funny thing, Bitcoin does not actually need everyone to believe in it.. it will keep running whether people join in or not. That is the beauty of it, it rewards early believers while still keeping the door open for latecomers, So in the end, I would say there is no point convincing anyone when there is proof..

Although many individuals are still afraid of Bitcoin because they don't understand how it works, their fear has stopped them from investing, which may be their loss because they missed the opportunity to build their wealth for the future. Even some people who choose to buy Bitcoin make mistakes, maybe they rush in without having what it takes or because they expect quick returns. Some people put themselves in a worse situation while investing, not because Bitcoin failed them, but because they failed to plan properly.
You're right; some people still struggle to understand because they want to make quick profit. I saw a post where someone claimed that he doesn't know if he is investing in Bitcoin or not because he doesn't understand how the market works; he has been investing for two years and hasn't noticed any changes, which demonstrates how greedy the person is. Bitcoin doesn't work like that; you have to be patient and the more you invest, the more you may expect a positive outcome. You can't just hold onto it for two, three, or four years and expect a significant profit in return.
My understanding is that such person might have been buying Bitcoin in bear market, a very great time to buy aggressively though, but because he was looking at seeing his investment in profits almost immediately, he felt bad that his investment did not do well. This is the reason we should not just invest and expect to see reasonable profits within a year or two, Bitcoin needs time like five to ten years to see some significant profits.

Those kind of people are just being funny and a bit ignorant.. Anyone who jumps into Bitcoin thinking it is a get rich quick thing clearly has not taken the time to study what they are investing in.. If they had even scratched the surface and learn a little about Bitcoin or even Bitcoin history, they would know patience is literally part of the game. You do not plant a seed today and expect to eat fruits tomorrow, and that is exactly the mindset most of these impatient buyers have…

The truth is, Bitcoin hardly rewarded short term investors or traders, it has always rewarded long term conviction way more.. People who rush in without a little understanding or don’t bother to understand after investment, are usually the same ones that end up selling at a loss and then blaming the Bitcoin... Instead of getting frustrated, they should have educated themselves first, because once you truly understand Bitcoin, you stop worrying about quick flips and all…
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Board Services
Re: [Round 7] Utopia P2P - Official Android Review Campaign (Newbie - Legendary) 💎
by
Mr_Brilliant$
on 14/06/2024, 07:21:43 UTC
Here is my review

https://talkimg.com/images/2024/06/14/c7gjW.jpeg

I gave Utopia 4 stars because there system works really good, I love the part where they value their users privacy and made it an anonymous platform. One of their greatest flex is the Chartgpt that can answer your questions real quick and accurately, I've tried some couple of questions and I must say that I'm satisfied with the result, but I anticipate for more upgrades like colourful design to make the interface a more user friendly.
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Board Bitcoin Discussion
Re: Will Bitcoin become better
by
Mr_Brilliant$
on 13/06/2024, 22:19:13 UTC
It is the hope of every Bitcoin investors that Bitcoin increases and gets better. I believe the government who are still fighting against Bitcoin will one day come to realisation that Bitcoin is a good currency and not a scam. Many critics are now Bitcoin investors, but the question is, what must have triggered them to change minds? The same reason might been seen by those government and they'll change too.
After we see the development of Bitcoin to date, it will certainly make people who are new to and have done research about BItcoin will really believe in Bitcoin and will also try to make Bitcoin an asset that they will include in their investment list to get the benefits of holding it. Bitcoin, for the government that is still against Bitcoin, I think they don't want to see people prefer to invest in Bitcoin with the risks they will face or there are other things that the government has not explained in detail.

Those who previously criticized Bitcoin and now prefer to invest in Bitcoin, of course they have done in-depth research on investing in Bitcoin and not just listened to what other people said about Bitcoin so they dare to say what they heard from other people but after they understanding it will certainly turn around and instead choose to invest.

What must have prompted them to compel their citizens not to use crypto is because they are afraid that, crypto might one day take over their currency, even as I flatiron keep striking. Traditional fiat currencies are likely to experience inflation but aside scam crypto coins, the rest are can much more profitable when you study the market carefully before making any drastic decision that could lead to financial breakdown.
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Re: [Round 7] Utopia P2P - Official Android Review Campaign (Newbie - Legendary) 💎
by
Mr_Brilliant$
on 13/06/2024, 22:05:43 UTC
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3625271
Bitcointalk Rank: newbie
BTC address for payouts: bc1q8awcezav80ykj0d0mhq883lht8hdr4cheg9fp8
USDT address (TRC-20) for payouts: TSPM7pzh7tuofzpuqePSXu4oTP7Not1ej7
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Board Bitcoin Discussion
Re: Will Bitcoin become better
by
Mr_Brilliant$
on 12/06/2024, 22:27:48 UTC
It is the hope of every Bitcoin investors that Bitcoin increases and gets better. I believe the government who are still fighting against Bitcoin will one day come to realisation that Bitcoin is a good currency and not a scam. Many critics are now Bitcoin investors, but the question is, what must have triggered them to change minds? The same reason might been seen by those government and they'll change too.
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Board Bitcoin Discussion
Re: What are the benefits of accepting Bitcoin as a method of payment.
by
Mr_Brilliant$
on 12/06/2024, 22:19:39 UTC
The most important benefit of accepting Bitcoin i could think of at the moment is the fact it's like an payment with possibility of more profits. Let's say if I have received $10000 as a payment and in a week the akue f Bitcoin increases by 10% then I would have $1100 if I hodl it.

But I strongly object to your point saying it's cheaper than western union, I think you should check the transaction fee during bull run or when Bitcoin's value is higher.

Aside focusing on one direction you need to also note that, Bitcoin can be in sideways or dump movement within some few hours, so it can cause loss to its trader after receiving Bitcoin as a tender for payment.