In this thread we are discussing Bitcoin and long term investment so it is better not to put anyone at risk by asking them to invest in fraudulent coins or altcoins in the market. Bitcoin is the only coin in which investment is safe and if you think Bitcoin and altcoins are the same then you are confused. It is better not to mislead anyone by asking them to invest in altcoins and there are many new people who are willing to invest if they hear about altcoins then they can face losses by investing in these fraudulent coins. Our goal is, we only need, Bitcoin or the topic of this thread is Bitcoin.



Bitcoin market is volatile there is no certainty that you will profit if you invest. But yes the person who has been able to hold it in the long term has been successful so far and if you hold it in the long term the chances of success are much higher than short term investment.

Before you make loud announcement that I understand or dont understand something, why dont you make first read topic name and what was asked? It is a shame that you ignore all the pages and original post, take something out from context and post your reply.

Long story short - do you really think that investing in small can give good profit? What is more real to get 200% profit (that OP wants to get), with Bitcoin or with altcoin? I do understand that altcoins are more risky than Bitcoin, but I believe it will take a lot more time to get 200% with Bitcoin than with top altcoin.

Many compare altcoins with gambling, but dont you think that any investment is gambling? Until sold, everything is gambling and risky.

The mistake most people that invested in alt coin have is their mindset, they believe that if they invest in five different alt or meme coin, if three or four can pump hard, then they would be in good profit, but in most occasions reality have a different thing kept in store for them, because since investment in them are more of gambling, their are huge chances that their investment might failing, and out of the total of five, majority may not go as they expected, it's only those that are lucky that will get what they want, that's why I will not classify them as investment because it's just like taking a gamble that will likely not end well.

There is nothing impossible with Bitcoin, but I just want to follow the part of peace that will enable me have realistic expectations. I have not forgotten how volatile Bitcoin can be especially when everything is in a alignment for profits but if we consider that a lot of players are now involved in Bitcoin and the volatility have greatly reduced, then we have to realign our plans and target to suit the present market conditions. We can continue to accumulate for long and instead of expecting huge profits within one cycle, we can increase the duration to over 10 years since Bitcoin is a resistant to inflation, meaning the value of our money will not depreciate. 

My point in general is that profits is still possible in Bitcoin and long-term hold is still the right option but anyone with the ambition of getting 10x ROI in a short period like the next halving year, such person is not being realistic and such will only earn him heartbreak. I

Four years is still small to start talking about profit as a long term bitcoin investor because your bitcoin stash will be in a small size because you're DCAing with small amount of money. It's good that when you're DCAing, you have the mindset to accumulate more than four years by having a bitcoin target as you're accumulating bitcoin. Your target will determine how long you will be in your accumulation phase.


Altcoins is the worse option any one in the cryptospace will think of putting money into because, they depreciate in price overtime and will lead you to losses and regrets. I wouldn't advice anyone to involve in such gambling practice.

As far I am concerned, in the process of investing in Bitcoin, I don't see anything that can stop you from buying continuously because setting aside some portion of money specifically for the dip is definitely a very wrong move. If really you are very consistent with your DCA method I don't think you will be having problem with your accumulation, the DCA allow you to invest with rest of mind, and even at the period of dip, you will still have advantage of getting more bitcoin than someone that have aside money for it. Simply because that particular person will not concentrate on DCA method seriously because he is always after the dip and that is also a distraction.

I like this statement of accepting the risks before buying Bitcoin. The only thing some beginners or newbies tends to understand is, to be successful in bitcoin investment journey it has to do with more consistency rather than looking for perfect price entry. Alots of folks today have spent much of their time waiting for the perfect time, they ended up having nothing while the smartest one's have been accumulating bitcoin and holding it quietly over a period of time. Patience should be the most key. Also one should know when and how to make decisions, especially when theres market increases, that excitement has made alots of folks into buying and selling due to the market drops. It's better to have a specific plan by sticking to it in orders yield a an effective result, than running to every market movement. In facts, maintaining your steady plan makes you ahead of those folks chasing the bitcoin price movement.

The DCA method is a very wonderful method of bitcoin accumulation that have helped lots of investors to be organized and do their investment properly. It also helps eliminate some of the problems that inexperienced investors do have like expecting profits within a short time or selling when they see too much profits within a short time, the DCA method calms them down and make them to think more about buying than selling. However, there is also a method called hybrid method which an investor can employ to help him meet his investment target fast. This method involves allowing the DCA method to run smoothly and then making plans for additional funds to add more buys especially a period like now where price is relatively low. There is nothing wrong with doing this because such approach helps the investor meet his accumulation objective faster and also enable him take advantage of cheaper bitcoins.

Just because OP says something stupid, that does not mean that we need to play into his dumbness, and then same is true with talking about dumb shit like shitcoins as if they were better ways to spend time, energy and value as compared with investing into bitcoin with some reasonable plan... rather than trading (gambling) or getting involved with shitcoins (another form of gambling).


You sound almost retarded.  You are going to choose some random shitcoin that you consider to be "in the top range" and then hope and pray that it performs better than bitcoin based on some pump expectations?

You have been registered on the forum since January 2018, and so presumptively you have been fucking around with shitcoins and trading since January 2018.

I really doubt that your fucking around with trading, gambling and/or shitcoining since January 2018 would have either done better than investing into bitcoin and/or would have had been worth the stress of it all, and if you even come close to beating bitcoin in the last 8.5 years, I would be amazed... including that it would not be easy to replicate.

So, for example, if you had been buying bitcoin at $100 per week since January 2018 until now, you would have had invested $45k and you would have had accumulated 2.82 bitcoin, which I would consider to be a pretty good place to be based on the amount put in.  Of course, if you had been able to invest more (or if you would have had been able to front-load your bitcoin investment prior to 2021) then you would have had been able to accumulate more bitcoin, and the same is true if you had invested less your gains would have had been smaller, but the gains would have had still been the same percentage. 

Right now, 2.82 BTC has a spot price of $181,952 (just over a 4x returns) and a 200-WMA value of $179,454 (similar returns).


No.  Investing, shitcoining, trading and/or gambling are not all the same thing.  You might have such a perverted way of thinking so that you don't understand the difference, but there is a difference between investing, shitcoin, trading and gambling.
 

That is not true, even though you want to believe that it is true.  For some reason, your brain is so twisted into a gamblers way of thinking, so that you cannot even think clearly or even understand how investing differs from gambling.

Many guys who chat within the bitcoin investing threads (rather than the trading and shitcoining threads), they will talk about building their holdings for 4-10 years or longer and using money that they can afford to lose.  So then investing will tend to emphasize both accumulating bitcoin and also strengthening cashflow management and back up funds. So investing does not have any kind of a selling component, even though there is a bit of a presumption that the bitcoin price will continue to go up, especially if many of the investors are thinking about investment timelines that are 10 years or longer...and perhaps guys would not have investment timelines that are less than 10 years unless they have age and/or health considerations that would not justify their creating 10 year or longer timelines for their bitcoin building and holding.


Of course, guys can choose whatever allocation they like to shitcoins and/or trading, yet I frequently suggest that guys do not put more than 10% the size of their bitcoin into shitcoins and/or trading.. yet surely guys can make their own choices if they believe some higher allocation into gambling is worth it to them, especially if they cannot resist the temptation of holding shitcoins.

Of course, you @purple_sparkles have only been registered on the forum since April 2024, so you don't have as long of a timeline as @bakasabo, so sometimes it can take a bit of time to see if your allocation to various shitcoins end up paying off (or give you any psychological solice) as compared to if you had been placing that value in bitcoin.