I did, but it wasn't just because of the account hack.  I'm glad to be back and look forward to building up my BTC again.

Isn't doing DCA better than using a stop-loss? One doesn't need to use all their funds to buy Bitcoin at a single price point and then keep watching the market after that, one should divide their capital into multiple portions and keep using them one by one to buy Bitcoin as the price keeps going down because we never know, we might think it is the least price we are going to see for now but the market can always surprise us, so it's better to be prepared than to regret it later.

Some people do DCA but they do it the wrong way. You are not supposed to keep buying Bitcoin on every drop of $1k from its price, for that, you will need an extremely large capital so that you can keep buying. The best way to do this is to make the gap a bit bigger so that you can adjust your capital accordingly and be able to buy the bottom as well because if you exhaust your capital and the market goes even lower, you will regret buying earlier and not having anything left to buy more because that could generate more profits for you.

Yes you are right it is smart choice to be careful when investing in Bitcoin. And to reduce risk keep Bitcoin in multiple wallets. If we have a lot consider a safe option like hardware wallet. But even with safe wallet we still need to be careful. Before investing we should take time to learn and understand the market. Some people might say to invest little at a time DCA but it's better to be cautious and avoid losing more money. Bitcoin price might drop even lower so it's important to wait for a better time to invest. But if we will use the DCA method so it is not important that where the Bitcoin is and what is the price of it.

When someone is trying to avoid the mistake of using a single wallet like before when the wallet was compromised through hacking and the option of distributing his risks by having multiple wallets that are independent of each other is not safe in your view, which option is safe? At least you should have added a better option and not just condemn.

Also, having more seed phrases as a reason to believe the option is not good is baseless. If someone can keep a seed phrase for a single wallet well, I don't see how such can't keep it well for multiple wallets and it is not new for people to have more than one wallet without any compromise. We've been sharing enough ways to keep seed phrases on this forum, if you don't know, you ask.

You sound so perfect now, you who asked such a question, do you also have the guarantee that Bitcoin can't go below $50,000? Maybe you should read what I wrote again, my experience with trading/investment will never make me guarantee any decision, I can only speculate.

Against your wish, one thing I will not do is tell people to invest when the market is strongly bearish regardless of the investment approach you are preaching.

Since you have asked about the potential of bitcoin and the future of bitcoin, then i am sure that you should be aware that bitcoin has a very bright future. I am sorry if you are asking in terms or price or time as when we will see new bitcoin highs but sooner and later bitcoin will make new highs and this is the right time to invest in bitcoin now before it is too late. It is always good to invest under 60,000$ as compare to investing in times when bitcoin will be above 70K and the fomo will be at the highest peak too.

Advice: i will suggest not to listen to a lot of people as some will ask you to wait for more lower prices for bitcoin investment. If you listen to them, you may end up missing out completely in this bitcoin game 

If you are already confident that you can store your seed phrase well, why would you need to use multiple wallets to store your bitcoins?
To me, there is no perfect and absolutely safe method, each method has its advantages and disadvantages. I should just say that in my opinion, using too many wallets is not as safe as you say, they also have certain risks.


Have you checked the bitcoin price today? I don't have any advice because everyone will have a different investment mindset, but I would find it a waste to prevent someone from buying bitcoin at this time because the price of bitcoin is quite good to buy. At this moment, bitcoin price is trading at $59k while a few days ago it was just $53k or $55k.

1000x optimistic on the soundest money there is in the world. I am without a doubt convinced that we are going to see 1million bitcoin within the next ten years mark my words. There is just no way that it isn't. Apart from wishful thinking what isn't appealing about being your own bank?

Our job is buy more Bitcoin and wait for the reverse of the Bitcoin price. We could wait for some time because Bitcoin price now still at a low but we have a good time to buy more Bitcoin at a low price. That is why many people still buy more Bitcoin because they don't wants to lose the opportunity to buy Bitcoin at a low price.

Bitcoin price can increase today but that doesn't mean the price can still increase. We still needs to be careful to anticipate anything bad such as correction that can happens anytime. But if you decides to continue buy Bitcoin, you still have more time so you can use it for your benefits.

We still wait for Bitcoin price increase so we can use our time to do other things instead just wait for the market increase. Besides that, we needs to be patient and don't panic if the correction still appear.

Op, welcome back! I hope your account recovery will be successful. As for Bitcoin, I don't think it's ever too late to return to it. As you can see, the price grew significantly over the years, and so did recognition of Bitcoin around the world. The fees are an issue occasionally, but there are also periods when they are very reasonable.
I'm still feeling good about Bitcoin, although I believe that our expectations should not be the way they were 7 or more years ago. Bitcoin can't grow 20x or 10x in one bull run anymore. But maybe it can grow 10x over a decade, we'll see. Right now, we're either still getting close to the bull run, or a very mild bull run is already behind us and there's a bear market ahead. It's hard to say in advance, but it will be clear in hindsight.

Yes we here can only speculate without knowing what the future increase in the price of bitcoin will be like, I agree not to rush to give unnecessary assumptions that will later make a fuss. and to touch $ 100k I am still optimistic I do not doubt that, but if for $ 1 million it is still too far to hope in that direction, and who also does not want an increase in prices like that, if it happens it will be very happy who has invested in bitcoin.

So for now I will just enjoy the investment process that I have targeted for my long term. but when it comes to bitcoin, hope is still wide open to invest some of our money and get the benefits that we can take in the future, and look forward to the surprises that will occur later.