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Showing 18 of 18 results by kanftka
Sure. It is not guaranteed to go up, but it is quite likely that after a full cycle of continuously buying bitcoin (and perhaps even aggressively buying) and even 5 years you are going to start to feel that you are making quite a bit of progress, even if you might not be done accumulating bitcoin yet, unless maybe you had been able to front load your bitcoin.
Even with you MusaPk, you seem to be over half way through your 5 year journey, and even getting close to 3 years of buying bitcoin.. so that must feel good.. even though surely some guys may well have had got a slow start in their bitcoin investment instead of investing aggressively from the start (or the start of their forum registration).
Yes it's feels very good to be in bitcoin specially if you are accumulating Bitcoin for around 2 years and you see your target is very near. I do agree that my start was slow but once I figure out the advantage of keep on investing in bitcoin for longer duration, I don't miss any week now in which I don't invest in bitcoin. I wish I would have been investing since I registered here but it's useless to think about lost opportunity. Best is to take advantage of what opportunity is at your disposal. Even with you MusaPk, you seem to be over half way through your 5 year journey, and even getting close to 3 years of buying bitcoin.. so that must feel good.. even though surely some guys may well have had got a slow start in their bitcoin investment instead of investing aggressively from the start (or the start of their forum registration).
Personally, I have a hard time imagining how most normies could be close to their investment target in merely 2 years, unless they had been able to really front load their bitcoin investment, perhaps taking from other investments that they might have had at the time, or some other funds that happened to have had been available...
So let me attempt to describe a situation in which a person might be close to reaching their investment target in 2 years or less. Let's say that a person has an income of around $30k per year, and so they would regularly be able to invest $150 per week into bitcoin if they were vary aggressive and investing around 25% of their income into bitcoin, and if their target is to get to a point in which they could potentially draw an income of $50k per year off of their bitcoin investment, then it could take quite a bit more than 2 years for them to get enough bitcoin.
So let's say that around the beginning of 2023, they figured out that they need to heavily invest into bitcoin, and perhaps they had various investments in various other assets, so their total investment portfolio added up to around $60k, yet they decided to take half of that and invest into bitcoin, and then they would invest $150 per week into bitcoin from their regular income... so $30k in early 2023 might have had been able to get them right around $20k per coin if they had been extremely lucky, which would be right around 1.35 BTC, and then their accumulation of $150 per week would have had gotten them around $16.7k additional money invested and perhaps slightly less than 0.4 BTC.
So if we add up these kinds of optimistic (and greatly aggressive) totals we have nearly $47k invested and right around 1.75 BTC. Surely not a bad place to be, but still seemingly quite a ways from being able to support a $50k per year income. From my perspective, 1.75 bitcoin would be able to sustainably support around $8.4 k per year income based on its $84k 200-WMA value and in spite of its having a current spot price value of around $189k.
Surely, such an aggressive BTC accumulation would be on the right path, yet there still may be a need to continue to aggressively accumulate BTC for another 4 years, which I would not proclaim as being "close to reaching their investment target."
Sure, you could have had created much more modest investment targets, or maybe you have some other formulas for figuring out when you have reached (or you are coming close to reaching) your investment targets. I have my doubts in regards to the timeline, and even amongst the most aggressive of BTC accumulation targets being able to get close to their investment targets in less then 4-6 years.
You don't need to give away your specifics, yet I would still be curious how you consider anyone who has been potentially aggressively investing into bitcoin to be getting close to their BTC accumulation targets. I suspect that you are getting distracted by BTC spot prices rather than meaningful ways to attempt to evaluate where you are at as compared with where you would like to get. And, I am not even attempting to impose my own values and/or targets upon you, but instead theorizing about some possible reasonable targets that any normie might attempt to create ant hen to follow through with in the event that he was planning on investing into bitcoin rather than trying to trade it.
Sure. It is not guaranteed to go up, but it is quite likely that after a full cycle of continuously buying bitcoin (and perhaps even aggressively buying) and even 5 years you are going to start to feel that you are making quite a bit of progress, even if you might not be done accumulating bitcoin yet, unless maybe you had been able to front load your bitcoin.
Even with you MusaPk, you seem to be over half way through your 5 year journey, and even getting close to 3 years of buying bitcoin.. so that must feel good.. even though surely some guys may well have had got a slow start in their bitcoin investment instead of investing aggressively from the start (or the start of their forum registration).
Yes it's feels very good to be in bitcoin specially if you are accumulating Bitcoin for around 2 years and you see your target is very near. I do agree that my start was slow but once I figure out the advantage of keep on investing in bitcoin for longer duration, I don't miss any week now in which I don't invest in bitcoin. I wish I would have been investing since I registered here but it's useless to think about lost opportunity. Best is to take advantage of what opportunity is at your disposal. Even with you MusaPk, you seem to be over half way through your 5 year journey, and even getting close to 3 years of buying bitcoin.. so that must feel good.. even though surely some guys may well have had got a slow start in their bitcoin investment instead of investing aggressively from the start (or the start of their forum registration).
You seem to be describing someone with a trading mindset and/or plans rather than someone who has an investment mindset.
Investors who invested with a long-term plan had initially planned to hold Bitcoin until it hit $100,000, but when they saw that the Bitcoin market had quickly hit this price and that there was a possibility of getting better prices ahead, many changed their investment plans and are now thinking about holding their investments for a longer period of time. The objectives of investors are usually different, there are some investors who want to hold Bitcoin for a certain period of time and some investors want to hold Bitcoin for a certain price, but I would like to congratulate and wish both types of investors good luck because these two categories of investors are investing in Bitcoin with a long-term plan and if they can hold their investments for this long period of time, then they will be successful here.
The people you mentioned can never be called an investor but they are called traders. Basically a trader or business person does this. Because investment is long-term like keeping a time limit of 2 to 3 circles. The comment you mentioned is very confusing. Because the market is very volatile what will you do if the price of Bitcoin does not reach your target level. Or if the price of Bitcoin reaches your target level overnight. So it can never be called an investment. Before investing, a person must first set a goal that how many Bitcoins he wants to save in his portfolio and how long he wants to keep his investment period, financial management is very important. After the end of his investment period, he can withdraw some amount of money if he wants to enjoy it but it would be foolish to withdraw the entire amount of money. Because the demand for Bitcoin is increasing day by day and along with it the price of Bitcoin is increasing. If he sells his entire Bitcoin, he may regret it later.I would suggest that investors are not selling any bitcoin until they have assessed themselves as having had reached a status of overaccumualtion, so then if they sell any bitcoin then they are only selling from the overaccumulated portion and without any intentions of necessarily being able to buy back.
[edited out]
For our fellow plebs who have not accumulated fully yet, hopefully they get a deeper correction because it would be good for them. More units of Bitcoin will be purchased for the same amount of fiat. But for my own selfish reasons - Yes, I don't want a deeper correction.
https://cdn.imgchest.com/files/6yxkca3aae7.jpeg
In summary, sure it is possible that BTC prices might dip more from here, yet they might not... so any low coiners or no coiners should be focusing on buying bitcoin persistently, consistently, regularly, ongoingly and perhaps even aggressively, whether or not there might be further dips from here (currently in the last 4-5 hours bouncing in the lower $106ks).
Edit: And now, less than 15 minutes after my original post, in the upper $105ks.
True, BTC can either dip or not we can’t 100% be accurate on that, but what we should try understanding is every dip or price BTC appears to be is definitely a buying opportunity if we get the long term picture..
Based on my understanding Bitcoin does not reward those who panic, it rewards those who stay patient and keep adding to their bag. Whether it’s $70K or $110K or right now at $105K, what really matters is that we should keep buying consistently and keep building our bag. I learnt this and would keep accumulating BTC for the next years to come..
We should know this is not just about short term price moves, it is about being part of something much bigger. Also Dan Held said, there will always be dips. The ones who come out on top are not the smartest traders, they’re the ones who stay committed and keep accumulating over time.
So yeah, keep buying every dip and price you find BTC and keep hodling. That’s how we WIN.
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
⭐ Merited by JayJuanGee (1)
Since we already have this thread I saw no reason to create another relating to strategy.
I came across a post on X that saylor stated that Proof of Reserve is bad and many were stating that they were shorting or selling.
I too was against his wordings until I watched the full video
https://x.com/LeeWinbush/status/1927256933183926780?t=O8fllIecM9RhH6e8Yn5psg&s=19
Though I understand his points, I still feel that transparency and trust shouldn't be empty and should be backed by proof.
He stated that proof of Reserve affects the funds security since address becomes public and counter the use of ZKP citing it won't account for liability.
What are your take on this? I'd advice watching the video first. I assure you saylor isn't boring to listen to.
Liked what he said in 1:35 MSTR isn't Bitcoin many don't want to get that yet
My little bit of brainpower is disappointed on his response against POS as bad(others do it) and trying to undermine the real lesson of FTX debacle
Not your key, Not your Coin
I came across a post on X that saylor stated that Proof of Reserve is bad and many were stating that they were shorting or selling.
I too was against his wordings until I watched the full video
https://x.com/LeeWinbush/status/1927256933183926780?t=O8fllIecM9RhH6e8Yn5psg&s=19
Though I understand his points, I still feel that transparency and trust shouldn't be empty and should be backed by proof.
He stated that proof of Reserve affects the funds security since address becomes public and counter the use of ZKP citing it won't account for liability.
What are your take on this? I'd advice watching the video first. I assure you saylor isn't boring to listen to.
Liked what he said in 1:35 MSTR isn't Bitcoin many don't want to get that yet
My little bit of brainpower is disappointed on his response against POS as bad(others do it) and trying to undermine the real lesson of FTX debacle
Not your key, Not your Coin
It is sure that traditional financial institutions have standards of verification, yet he is already telling people how many bitcoin he has, which is part of the obligations of a public company, so it would be great if he would show proof of reserves and not be arguing against bitcoin best practices, especially for a public entity. If the company were to be private and/or not publicizing its coin holdings, then he would be more justified to proclaim no need to show reserves.
Another thing is if MSTR needs to have official audits, there is no reason not to do the official audits and also show proof of reserves also.
Sure, MSTR does not hold the coins in private custody, so it may well be more complicated to show all of their coins if they are having to have the custodians show and segregate MSTRs coins. and they likely are not doing it, since they may well not have all the coins that they claim to have, and/or even the custodians may well be moving around coins to make it appear that they have all of the coins that they claim to have.
Definitely, you made a strong point. Since MSTR is a public company and Saylor openly shares how much Bitcoin they hold, then backing that up with proof of reserves would only add more trust. Traditional audits are fine, but this is Bitcoin and not any other asset the standard here is transparent ownership. I get the concern about security, but that shouldn’t be used to completely dismiss proof of reserves. If the coins are with custodians which is possible, yeah it might take more effort to show them properly. but that is part of the responsibility when you publicly claim to hold that much. I believe transparency matters and he has to, and the part you said they may not have as much as they claim to, sounds really crazy lol, because that could literally be true..
The truth about waiting for a drop is that someone who is waiting for a price drop in Bitcoin will never be satisfied. Even if the person is lucky and the drop happens, they may still want another drop which may not happen and it becomes a missed opportunity. So, anyone who is still waiting for Bitcoin to dip before starting to invest is just fooling themselves and may regret it in the future because bitcoin is unpredictable and that reason why at any price bitcoin is it is a great opportunity to buy.
If anyone hasn't had any positions in Bitcoin, I think they should buy with 25% of the portfolio now and then buy more on every dip. This is because in case the price pumps from here and doesn't give a pullback, the person won't be left waiting. Also, I would not feel nervous buying near 110K because I know that this is not the ultimate top for this cycle and for years to come, it is like buying under 50K 
I completely agree, Bitcoin is the safest and most reliable investment out there. For me, I split my portfolio into three parts based on risk: low, medium, and high. Bitcoin is definitely my low risk asset and the main part of what I hold. I keep buying it and will keep accumulating (I’m still new to accumulation) and don’t plan to sell anytime soon. Then, I put about 10 to 20% maximum into medium and high risk stuff like shitcoins not because I fully trust them, but because they might give big gains in a bull run. I always manage it carefully within my risk limits. To avoid making the same mistakes older crypto pals made, I prefer staying on the safer side.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by Hueristic (1)
Man, that’s huge 22,000 BTC? That is not a small buy at all. With how low the exchange supply is right now about 2 million + BTC left on exchanges. That’s like almost 1% of what Is left on exchanges. This could cause serious price movement, if they buy it straight from the market, things are gonna explode. Even if they try to do it quietly through OTC to avoid spillage, it will still put pressure on the supply..
According to CMC, the daily volume on exchanges is 510,000 BTC.Yeah, right. But does the daily volume on CMC usually means only spot trading on all exchanges? and sometimes it might include futures or other stuff too. Like perpetual futures making up to 60% + of all crypto trading volume. Still, 510,000 BTC moving daily is a lot compared to what’s left on exchanges, but a big/huge buy like 22,000 BTC still isn’t something you can just buy without the market noticing…
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Trump media announces $2.5 billion deal to create a Bitcoin treasury!
Pump the corn!
Pump the corn!
Here is a link
https://www.reuters.com/business/trump-media-raise-25-billion-fund-bitcoin-treasury-2025-05-27/
And buddy will respond soon.
That would be 22,000 coins
I wonder where they buy them
Man, that’s huge 22,000 BTC? That is not a small buy at all. With how low the exchange supply is right now about 2 million + BTC left on exchanges. That’s like almost 1% of what Is left on exchanges. This could cause serious price movement, if they buy it straight from the market, things are gonna explode. Even if they try to do it quietly through OTC to avoid spillage, it will still put pressure on the supply..
Tbh, it’s hard to say exactly if we are fully in the bull run yet, because no one can perfectly time it. But looking at how things are moving especially with big institutions getting involved and adoption growing fast we are definitely deep in the Bitcoin cycle. The momentum is there. If this pressure continues, the price could keep pushing up. So while it might not be the full bull run yet, we are clearly in that early momentum phase…
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
What a week that was!
History in the making,
Right before our eyes!
ATH achieved!
Jay was wrong and I was right,
But we're all winners!
Chopper flying high,
Kissing nocoiners goodbye.
Gravity's a bitch!
Your exchange got hacked?
Don't cry about your lost coins.
They were never yours!
Bitstamp goes MiCA.
The EU has lost the plot.
Use Kraken for now.
Bitcoin Pizza Day.
Ten thousand Bitcoin for two.
Vice versa today!
Yes, dreams do come true.
A genie in a bottle.
The keys to your coins!
#7wodigestsundayhaikus
History in the making,
Right before our eyes!
ATH achieved!
Jay was wrong and I was right,
But we're all winners!
Chopper flying high,
Kissing nocoiners goodbye.
Gravity's a bitch!
Your exchange got hacked?
Don't cry about your lost coins.
They were never yours!
Bitstamp goes MiCA.
The EU has lost the plot.
Use Kraken for now.
Bitcoin Pizza Day.
Ten thousand Bitcoin for two.
Vice versa today!
Yes, dreams do come true.
A genie in a bottle.
The keys to your coins!
#7wodigestsundayhaikus
Wow, it was indeed a long and interesting week for BTC, Seeing it hit a new all time high honestly made me chills. its wild how far it has come from those early days when people thought it was just a joke. And Texas setting up a Bitcoin reserve? That is huge, Bitcoin has become part of the real world money and not just some online thing.
And also the big ETF inflows show that the big investors are finally all in, which makes me feel like this thing is really gaining unstoppable momentum. And Bitcoin Pizza Day always makes me smile 10,000 BTC for two pizzas back then, now worth billions. It’s crazy lol..
⭐ Merited by JayJuanGee (1)
[edited out]
Now I get your point and understand more better , in any circumstances selling should be the last alternative, so it’s important we make provisions for emergency and revered fund, that can at least sort out our expense and sustain for a while until one gets another job, or if unforeseen circumstances occur our reserved fund can help out , at the end our desire and target of long term investment can be achieved . If you have invested when Bitcoin price was $ 30, $70 and now the price is about $107 will you say that Bitcoin investment Profit is not guarantee aren't you seeing how fast Bitcoin is growing, come on let's be realistic to ourselves or are you trying not to see the reality right before you
Each of us still tend to gravitate towards our own experiences, even though sure we can look back at the charts in regards to what bitcoin was doing prior towards our getting involved in bitcoin, yet we are still likely going to gravitate towards wanting to analyze the bitcoin price and even the performance of our own holdings.. which surely does justify that newbies figure out some amount to invest and just keep investing, learning along the way and may be even tweaking their investment amount as they learn more and potentially become more comfortable investing into bitcoin.
Yeah, I see your point and to be honest, I have caught myself doing that too. Like, even though I know the bigger picture and long term potential of Bitcoin, I still find myself checking my own portfolio and trying to analyze every move it makes. It is just how we are wired lol as new investors when we’re invested.
But what i have learnt is that too much focus on short term price can mess with our mindset. For me, what helped was picking an amount I am comfortable with, staying consistent, and focusing more on learning than reacting. It is hard, but I am trying harder to get use to it..
~~~
yes btc is indeed amazing because btc always makes new ath and currently btc has been in the price range of $ 111k and this is truly an extraordinary achievement achieved by bitcoin and of course there is great potential we will see btc continue to rise and of course I am sure btc will rise to $ 120k later and can even be more than $ 120k. This extraordinary achievement was also triggered by increasing market concerns about inflation, investors are increasingly turning to Bitcoin as a hedge, especially amid negative signals from global monetary policy. Technically, Bitcoin has broken through several important resistance levels, if this trend continues the possibility of forming a Bullish pattern will be stronger, this condition can encourage higher buying interest. IMO
Now that the Bitcoin market is experiencing a high uptrend movement, you should expect more investors to troop in crypto space which will also result to a higher demand of Bitcoin thereby increasing the surge even further. Different governmental bodies are now adopting policies that are Bitcoin and crypto friendly in their bid to allow citizens to participate in this global financial system that's dominating the world. The buying interest of Bitcoin is on the high side already and I don't even think it's slowing down anytime soon.
Interesting times for all Bitcoiners are here.
Facts bro. I agree 100%. The way things are going, it is only a matter of time before Bitcoin hits that million dollar mark. You can literally see how more people and big players are getting in every single day. The hype is not just hype anymore this is real.
That is why i my self don’t waste any opportunity I have to buy
More BTC. I am stacking up now, because I know one day, even $100K would not mean much in BTC terms. I do not want to be one of those people saying “I wish I bought more.” I want to look back and be glad I did. This is the time to move no cap.
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
⭐ Merited by JayJuanGee (1)
Even though I believe that the Class Action lawsuit filed against Strategy last week is a big nothing burger, I am a little surprised no one has mentioned it.
https://www.prnewswire.com/news-releases/mstr-shareholder-alert-robbins-llp-informs-investors-of-the-microstrategy-incorporated-dba-strategy-class-action-lawsuit-302459505.html
Quote
According to the complaint, during the class period, defendants failed to disclose that: (i) the anticipated profitability of the Company's bitcoin-focused investment strategy and treasury operations was overstated; (ii) the various risks associated with bitcoin's volatility and the magnitude of losses Strategy could recognize on the value of its digital assets following its adoption of ASU 2023-08 were understated; and (iii) as a result, Defendants' public statements were materially false and misleading at all relevant times.
https://www.prnewswire.com/news-releases/mstr-shareholder-alert-robbins-llp-informs-investors-of-the-microstrategy-incorporated-dba-strategy-class-action-lawsuit-302459505.html
You’re absolutely right. It’s kind of surprising how quiet everyone has been about it. But honestly, I think most people are just too distracted by his aggressive BTC accumulation to care. MSTR been buying Bitcoin like it’s going out of style and that alone says a lot more than any headline could.
In my opinion, the lawsuit itself feels more like background noise at this point. If he genuinely thought there was real risk or fallout coming, I doubt he would be doubling down like this. His actions scream confidence, and that’s hard to ignore.
Honestly, it is almost bullish in a strange way. The market’s sleeping on it because everyone is watching the price action and his wallet activity instead of the news cycle.
But most importantly, know that you can lose in trading. Use low amount of money until you are confident of yourself. A month of winning is not enough to be confident that you can be winning in trading but at least a year of winning.
A year of winning consistently requires a lot of effort for every trader to reach that point. Applying proper risk management is a key to success in trading. Losses are part of trading and it’s better you don’t chase them but only embrace them and learn from them in order to be more careful when taking another trade. A successful trader always has a story to tell and a recap of the losses he had encountered before reaching that stage. It is not easy and it differs from every trader how long it takes to become successful. The trading market is very volatile and only the string stays and perfect their trading skills here.
Yeah, that is true. Trading is not something you just wake up and start winning at consistently, it takes time, effort, and a lot of patience. For me for the little phases I have been in this game, and one thing i have come to understand is that losses are part of the journey. I do not chase them anymore. I just take the lessons, adjust, and move forward with more caution.
Risk management has really helped me grow. I don’t over leverage or jump in blindly like I used to. Now I move with a target in mind and stick to it, no matter the ups and downs. The market is volatile, yes, but it’s those who stay disciplined and keep learning that actually make it.
Everyone story is different, but at the end of the day, it is the consistency and mindset that separates real traders from the rest.
I am not sure what the purpose would be for any newbie to be concerned about whether his bitcoin is going to double in the short term or not, especially since bitcoin should be considered as a long term investment, and anyone getting started buying bitcoin in the $97k prices is going to likely take a long time to build his bitcoin investment - perhaps 4-10 years or longer - unless you are suggesting that newbies are going to be ready willing and/or able to front load invest into bitcoin and then discontinue investing.
It kind of amazes me, they make it seem as though Bitcoin is one money doubling opportunity, like buying at $94k and watch it grow beyond $188k to get a doubled investment, it makes no sense for a newbie investor, I've come to understand that lots of people have misplaced priorities concerning Bitcoin investment they come in with the mindset of investing to take profit in a short period forgetting that Bitcoin investment is for the future and those that are patient enough to wait, I would've defended them with the saying that it's due to ignorance but at this point, it's no new thing that Bitcoin investment is for long-term purpose.We are going to continue to have newbies coming into bitcoin with the same kind of ideas, and they are not even acting in bad faith.. it is just that normies have certain ways of thinking and do not even know what they do not know.. and surely if many of us have been invested into bitcoin for a while, so we likely have made several of those similar kinds of mistakes, and sometimes we figure out ways to learn from our mistakes and other times we repeat the mistakes several times before we learn. So maybe sometimes we will figure out how to manage our cashflow and back up funds in order that we do not end up panicking, and also we might realize that if we moderate the amount that we put into bitcoin, then we might not get as emotional about it.. so sometimes it might help to hold back some of the money for buying dips, so that we feel better to have some money when the dip comes. There are little tricks that we learn, and we also might realize that our investment is 4-10 years or longer, but when we first come into the investment, we might have difficulties planning that far into the future and it seems like a long time, but then after we had been DCA investing for 4 years or more, we realize that the time passes fast, even though maybe we might have had been feeling tortured for our first 4 years investing into bitcoin as we were getting used to investing into it and getting used to following our cash management practices.
I agree with everything you said. You made some really solid points. Most people coming into Bitcoin for the first time arenot trying to do anything wrong they just don’t know what they don’t know. I’ve been there myself like 3 years back, I made a lot of those same mistakes.
This really reminds me of when I didn’t have any kind of proper cash flow management. I was just throwing money in, thinking short term, hoping for quick gains. Then a minor dip came, and it hit me hard not just financially, but mentally too. I wasn’t prepared at all, and it messed with my head.
It wasn’t until I learned about DCA just buying bit by bit over time that things started to make sense. It helped me stay calm, stop overthinking the price every day, and really start to see Bitcoin as a long-term game.
Since then, I have been more focused and patient, and definitely less emotional when the market moves. It is a process, and I’m still learning, but that one shift made a huge difference. So yeah, everything you said is real, and I think a lot of people need to hear it. And also i have decided to DCA for the next 5 years or more..
I am not sure what the purpose would be for any newbie to be concerned about whether his bitcoin is going to double in the short term or not, especially since bitcoin should be considered as a long term investment, and anyone getting started buying bitcoin in the $97k prices is going to likely take a long time to build his bitcoin investment - perhaps 4-10 years or longer - unless you are suggesting that newbies are going to be ready willing and/or able to front load invest into bitcoin and then discontinue investing.
If people exclusively newbies did enough research on Bitcoin and the market history, they would have known so well that there is no short term chance of doubling your portfolio value with Bitcoin except if they are very luckily with entries and exits even they did now what are perfect entries and exits and were not aware of their entry time and exit time are perfect.Bitcoin historic doubling time chart has no figure on average doubling time but I guess it is possibly somewhere around 300 days or even higher.
https://casebitcoin.com/charts#doubling_time
There have been quite a few short period of time that bitcoin has doubled or more than doubled in price in a short period of time.
Between April and June 2019, bitcoin went from $4,200 to to $13,880, and even between October 2023 and March 2024, bitcoin went from $26k to $73k... so bitcoin can go up a lot in a short period of time, even though I personally doubt that it is good to try to play those waves, there are some guys who might try to play those kinds of waves, and some of them might think that they can buy back cheaper, yet it may well might have had been better if the person had mostly bought a bunch of BTC at the lower prices to continue to hold the BTC and to continue to buy BTC, especially if his timeline is 4-10 years or longer... but yeah, guys are free to think differently and to see how they do when they trade rather than invest.
[/quote]
If you bought Bitcoin around April 10, you bought the DIP. In just 3 weeks, Bitcoin has gained more than 30%. 74k worked as a solid support. We had a nice rally in April, and it continues. Let's see if 100k will be crossed again. Regardless of the price, keep accumulating Bitcoin weekly. There will be a dip and a peak. But the important thing is to increase the number of coins in your wallet.
Yeah pal, you nailed it. Buying around April 10 was definitely the dip 30% in just a few weeks is crazy. That $74K support held up strong too, and this rally in April has been solid. If this momentum keeps up, $100K isn’t far off.
I really agree with what you said about stacking Bitcoin weekly, no matter the price. That’s basically DCA just being consistent. It takes the stress out of trying to time every move perfectly and helps you build your bag over time.
Only thing i will add is that people need to stay patient. The market moves in waves there’ll be more dips, no doubt. But the key is staying focused on the long term and not getting shaken out. Your point about just increasing how much BTC you hold is 100% facts.
I agree with you, Patience and consistency is really the key for any Bitcoin investor, no doubt. But aside from that, I also believe that having deep knowledge in this space is very important. When an investor understands what is really going on in the market, it gives them an edge.
And honestly, if I’m to advise any newbie investor, I would say try to learn at least the basics of technical analysis. Itreally helps when accumulating because you’ll start identifying key zones where price will reacts. In that way you’re not just buying based on emotions, but making smarter and more calculated entries.
Personally, I prefer knowing the reason behindany market movement, especially during a downtrend. I feel it is way better to buy at good levels with understanding than just jumping in at any price. For instant, this was my perspective of my Bitcoin buying zones/prices all through the dump around 78k to 66k, so i made up my mind to only add to my portfolio when price gets within this prices, and lo and behold price reached 75k before it continued his rally to the upside.
https://talkimg.com/images/2025/05/05/UUXe3d.jpeg
Though right now, i have paused making any investment decisions until after the Fed meeting. Whether they cut interest rates or not will likely determine the next big move for Bitcoin, so i would rather wait and see how it plays out. my own philosophy is something must prompt my investment desicion.
You do not need much to invest. Only basic knowledge about Bitcoin and faith in Bitcoin can be invested. Because the market is very volatile, many new investors panic and sell their Bitcoin investments after seeing a small decline in the market. For this, it is very important for them to have faith in Bitcoin. It is never right to delay investing by trying to learn the basics of technical analysis to invest. It is very important for a trader to learn all these aspects or things. The main goal of an investor is to buy consistently and hold their holdings for a long time.
It is never right or correct to wait in investing. An investor never waits for a decline. Those who wait for a decline can never invest and accumulate sufficient amounts of Bitcoin in their portfolio. Because they are waiting for more declines and then they will buy. But while they are thinking about all this, the price rises. The investor always continues to buy continuously until he accumulates or accumulates a sufficient amount of Bitcoin in his portfolio. If there is a decline in between, if he has the cash to buy aggressively. Then he can use this time well.
I get your point Pal, and you're right that no one can predict the market with certainty. Even the best analysts can only speculate. But I believe that there is a difference between blindly speculating and making informed, data backed speculation. That was why I emphasize on the knowledge.
Faith in Bitcoin is very very important, no doubt. But I think our faith in bitcoin will be more powerful when paired with understanding. Consistent buying works perfectly well, especially if they you are to use DCA. But personally, i will advice we rather accumulate smartly at levels that make sense fundamentally or technically, I’m not trying to time the exact bottom, but I want to avoid buying the top blindly.
If you bought Bitcoin around April 10, you bought the DIP. In just 3 weeks, Bitcoin has gained more than 30%. 74k worked as a solid support. We had a nice rally in April, and it continues. Let's see if 100k will be crossed again. Regardless of the price, keep accumulating Bitcoin weekly. There will be a dip and a peak. But the important thing is to increase the number of coins in your wallet.
Yeah pal, you nailed it. Buying around April 10 was definitely the dip 30% in just a few weeks is crazy. That $74K support held up strong too, and this rally in April has been solid. If this momentum keeps up, $100K isn’t far off.
I really agree with what you said about stacking Bitcoin weekly, no matter the price. That’s basically DCA just being consistent. It takes the stress out of trying to time every move perfectly and helps you build your bag over time.
Only thing i will add is that people need to stay patient. The market moves in waves there’ll be more dips, no doubt. But the key is staying focused on the long term and not getting shaken out. Your point about just increasing how much BTC you hold is 100% facts.
I agree with you, Patience and consistency is really the key for any Bitcoin investor, no doubt. But aside from that, I also believe that having deep knowledge in this space is very important. When an investor understands what is really going on in the market, it gives them an edge.
And honestly, if I’m to advise any newbie investor, I would say try to learn at least the basics of technical analysis. Itreally helps when accumulating because you’ll start identifying key zones where price will reacts. In that way you’re not just buying based on emotions, but making smarter and more calculated entries.
Personally, I prefer knowing the reason behindany market movement, especially during a downtrend. I feel it is way better to buy at good levels with understanding than just jumping in at any price. For instant, this was my perspective of my Bitcoin buying zones/prices all through the dump around 78k to 66k, so i made up my mind to only add to my portfolio when price gets within this prices, and lo and behold price reached 75k before it continued his rally to the upside.
https://talkimg.com/images/2025/05/05/UUXe3d.jpeg
Though right now, i have paused making any investment decisions until after the Fed meeting. Whether they cut interest rates or not will likely determine the next big move for Bitcoin, so i would rather wait and see how it plays out. my own philosophy is something must prompt my investment desicion.
If you bought Bitcoin around April 10, you bought the DIP. In just 3 weeks, Bitcoin has gained more than 30%. 74k worked as a solid support. We had a nice rally in April, and it continues. Let's see if 100k will be crossed again. Regardless of the price, keep accumulating Bitcoin weekly. There will be a dip and a peak. But the important thing is to increase the number of coins in your wallet.
Yeah pal, you nailed it. Buying around April 10 was definitely the dip 30% in just a few weeks is crazy. That $74K support held up strong too, and this rally in April has been solid. If this momentum keeps up, $100K isn’t far off.
I really agree with what you said about stacking Bitcoin weekly, no matter the price. That’s basically DCA just being consistent. It takes the stress out of trying to time every move perfectly and helps you build your bag over time.
Only thing i will add is that people need to stay patient. The market moves in waves there’ll be more dips, no doubt. But the key is staying focused on the long term and not getting shaken out. Your point about just increasing how much BTC you hold is 100% facts.
I wouldn't say that those you are referring to as lazing around are doing so because they are afraid to invest but rather it could be that they lack knowledge about Bitcoin and that of good investment plans or approach, I don't consider Bitcoin as risky as lot of people talk about it since investing in Bitcoin doesn't limit us from enjoying ourselves and taking care of important needs, Bitcoin will keep surprising those that are very skeptical about it and making more ATH, there is nothing to be afraid of when we prioritize investing from our discretionary income, we can only prepare for what will happen at the top from the down.
They are cautious with something they didn't utilize before - that's how it is, unfortunately/.
BTC will prove to them why they should change their stance on it either way.
I prefer to focus on my own goals in this case, not that I don't want to say that bitcoin can pave the way to a better direction but in the end instead of us being busy with other people's assessments of bitcoin it would be better if we just focus on what we do so that everything is good for ourselves.
Talking about investing all have their own views on this especially when talking about bitcoin, so why be busy to control other people's thoughts that are sometimes not in line with the thinking we do because in the end besides that it will waste time, it also won't make us develop because we are busy with other people and not busy preparing the investment we want to keep and I don't think it will also make bitcoin still be seen as good just because we seem to emphasize that bitcoin is right and those who have different views are wrong.
Yeah, I hear you loud and clear. Bitcoin really doesn’t need to prove anything anymore, it’s been through so much, survived every dip, ban, and doubt, and it's still here. That alone says a lot. People will always have opinions, and like you said, it’s not our job to change everyone’s mind. At the end of the day, we’ve got goals to chase.
Focusing on your own lane is key. While others are caught up debating whether Bitcoin is real or not, some of us are actually making moves. Time spent arguing is time taken away from building and growing.
But here’s the thing, I agree we shouldn't waste time trying to convince everyone, but sometimes it does help to speak up. Not to argue or prove we’re right, but just to shed light for people who honestly don’t know better. A lot of people judge Bitcoin based on what they hear on the news or from others who’ve never even used it.
So I think there’s a balance. We don’t need to defend Bitcoin every time someone doubts it, it proves itself every day. But once in a while, dropping some knowledge or showing people a different angle could actually help them. Who knows, today’s doubter might be tomorrow’s believer lol, they just haven’t connected the dots yet.
No.
Most forex traders that I know are not making money from it like that.
You can make money from forex or crypto trading. But you really need to learn how to avoid losses. Read about risk management. Know what averaging is. Leverage is very dangerous. Earn little is better than lose big in the process of looking to earn big.
Most forex and crypto traders are losing according to researches.
Holding bitcoin is the best
Swing trading is better
Scalping and day trading are the riskiest where most traders are losing more.
Most forex traders that I know are not making money from it like that.
You can make money from forex or crypto trading. But you really need to learn how to avoid losses. Read about risk management. Know what averaging is. Leverage is very dangerous. Earn little is better than lose big in the process of looking to earn big.
Most forex and crypto traders are losing according to researches.
Holding bitcoin is the best
Swing trading is better
Scalping and day trading are the riskiest where most traders are losing more.
You made a very good point Pal. For me i would say this depends on the trader approach, forex is not a get rich quick scheme and this approach is the reason why many people fail because they come in with unrealistic expectations. Many traders are not making money because they lack proper knowledge, discipline, and strategy. The emphasis you placed on risk management, understanding how averaging works, and being cautious with leverage is very important and also incorporating psychology, i believe these are the few principles that keep a trader in the game. Also your point about earning small rather than chasing big profits and risking everything is a mindset more traders need to adopt. Also, choosing longer term approaches like swing trading over high-risk methods like scalping and day trading shows a mature understanding of how the market works. I believe in other to break out of the 90–95% of traders losing money, then you have to learn a lot around trading and be patient enough to develop a deep understanding of how trading works.