I have never seen anyone hold Bitcoin for a long term and lose, unless you trade futures with leverage, then there is nothing to say.
The loss is worse!
For those who only trade Spot but still lose, it is because of you, because of your unstable mind.
Check the price continuously, see it fluctuate 1% 5% sell, the price goes up a little bit jump in, the price goes down a little bit sell off and run away, no wonder you say you lose.
Repeat like that, creating a cycle of entering and exiting orders, no wonder you still lose even though the market is uptrend.
If you only see Bitcoin as a code for entering and exiting orders, there will only be loss and loss, always face down.
I read the comments and saw someone say that people who hold Bitcoin for a long term will lose everything.
So all those who bought Bitcoin from 2013 until now, let's ask, have they lost money?
Or not to go as far as Michael Saylor of MicroStrategy.
They started buying Bitcoin in 2020 and each time they bought at different prices, until now in 2024, do you think they are losing or making a profit?
Holding on to profits and smiling brightly āŗļø
The loss only happens when you sell your bitcoin, but if it stays in your wallet, even if bitcoin fluctuates sharply, the loss is only virtual
Because it cannot decrease forever, it only adjusts and then continues to increase š.
After all, if you equate long-term bitcoin holders to losing everything, I think you are someone who does not deserve to hold Bitcoin.
If you miss a bus, you can catch the next one. But if you miss bitcoin, you will most likely have to catch up if you don't want to be left behind
Because bitcoin is like a bus that only has one trip
It started 15 years ago and has never turned around. There are many big guys out there waiting for bitcoin to turn around but it hasn't happened
There is no other way but to sit and wait, they have to run after it, buy at a flash price
Like Michael Saylor, they realized this early so they started to buy bitcoin from 2020 until now, they buy regardless of the price because they don't want to be left behind
Large investment organizations like BlackRock instead of sitting and watching and itching, they took action by filing for a Bitcoin ETF
Next, small and medium-sized organizations have also followed suit because they don't want to be left behind
So now there is a Bitcoin ETF, which makes bitcoin even stronger and, importantly, never turns around.
Maybe now and in the future, the people left behind are no longer the big guys, but the individuals who do not understand bitcoin or understand but still ignore and do not dare to buy.
This is okay, because at some point you will accept that this bus will not turn around
You will consider jumping on this bus without knowing it!
Time will tell and eventually you will have to learn to accept it, because you have no other choice but to turn around and buy stocks or a pile of SJC gold
But that is still better, the worst thing is that you do not turn around with any assets. You only keep a pile of cash that is being inflated every day So just bitcoin! #Write2Win #bitcoin
For Ethereum Classic, when looking at the RSI chart, it has just started to rise a little bit.
This means it still has a bull run lasting for a few more months, so hold on tight and don't rush to sell at this price.
Yes, when looking at the hourly candles, you can see it is adjusting, but those are just short-term changes. With a trend-up market like this, you need to stay calm.
Of course, there will be many people shouting to sell. Gaining a few percent in the short term doesnāt mean much.
People who can't hold Bitcoin will always feel uncomfortable when BTC increases and when he sees people writing articles about Bitcoin, he may take the opportunity to jump in and comment negatively to satisfy his ego.
His ego is so big that he can't buy regardless of the price.
When 94k was too expensive, he waited for it to go down more and then bought it, that was the argument in his head.
But Bitcoin didn't go his way, it suddenly shot up to nearly 100kš±
He thought it was time to make up for his mistake and bought it at 99k.
After all, don't be reckless with Bitcoin, don't be reckless with the fire š„
As for firewood, add more firewood, don't be reckless.
A person who really understands bitcoin will buy bitcoin with his eyes open, he buys because he understands, he buys because he sees the value of bitcoin.
A person who doesn't have time to understand bitcoin will buy bitcoin with his eyes closed.
He buys because he sees everyone talking about bitcoin, jumping in to buy first, why do you need to understand? So he will hold bitcoin in a fearful state, with shaking hands.
When people call for sale, he will just sell, no matter what, just sell first.
For a person who has time to learn deeply enough, he will buy with a very solid state, with hands that don't shake, because at this time he understands enough about bitcoin's short-term game.
Only hold bitcoin when you have enough knowledge about bitcoin.
Knowledge is like the foundation of a house, if you just build it hastily and just finish it, it's not certain that when the storm comes, your house will be blown away.
Buying bitcoin is EASY. Holding bitcoin is HARD!
Take your time to understand bitcoin, and buy bitcoin with your eyes open š #Write2Win #Bitcoināļø #BinanceSquareFamily #BinanceSquareVietnam
I have never seen anyone hold Bitcoin for a long term and lose, unless you trade futures with leverage, then there is nothing to say.
The loss is worse!
For those who only trade Spot but still lose, it is because of you, because of your unstable mind.
Check the price continuously, see it fluctuate 1% 5% sell, the price goes up a little bit jump in, the price goes down a little bit sell off and run away, no wonder you say you lose.
Repeat like that, creating a cycle of entering and exiting orders, no wonder you still lose even though the market is uptrend.
If you only see Bitcoin as a code for entering and exiting orders, there will only be loss and loss, always face down.
I read the comments and saw someone say that people who hold Bitcoin for a long term will lose everything.
So all those who bought Bitcoin from 2013 until now, let's ask, have they lost money?
Or not to go as far as Michael Saylor of MicroStrategy.
They started buying Bitcoin in 2020 and each time they bought at different prices, until now in 2024, do you think they are losing or making a profit?
Holding on to profits and smiling brightly āŗļø
The loss only happens when you sell your bitcoin, but if it stays in your wallet, even if bitcoin fluctuates sharply, the loss is only virtual
Because it cannot decrease forever, it only adjusts and then continues to increase š.
After all, if you equate long-term bitcoin holders to losing everything, I think you are someone who does not deserve to hold Bitcoin.
You will be more worthy of that shitcoin down foreveāļø #Write2Win #bitcoin #btc
Because at this moment you no longer have to be distracted by altcoins, while you know for sure that they will drop anyway.
When it drops, it makes you irritable, anxious, uneasy, because your account has evaporated by half.
This urges you to want to recover a part and regain what you have lost, causing you to have a gambling mindset and switch to futures trading in hopes of recovering a part.
You jump in using 50x 100x leverage, at first you may recover a part, but that does not mean you will always profit.
Maybe today you gain, tomorrow or the day after you may lose.
The law of the futures market has winners and losers, no different from gambling.
While you know the odds are just 50 50 uncertain.
A person who only trades in the spot market makes him honest.
Because he only accumulates Bitcoin, with a long-term mindset, the odds are in his favor 99%.
Now he no longer needs to gamble, he sleeps better, is happier, he has more time, and no longer worries.
Focus on current work and use the remaining part to continue accumulating Bitcoin. At this point, Bitcoin makes him a person who lives honestly.
If someone asks me, who makes you honest, Bitcoin makes me honest.
Most people who have not entered the market do not know anything about Bitcoin, when they mention it, they always say that Bitcoin is virtual money, scam bla bla.
Maybe that's the end of their knowledge.
To understand Bitcoin, you have to get out of the majority, this group is often infected with negative things about Bitcoin.
Only those who hold Bitcoin understand its value, the rest are just spectators standing outside the stage š shouting and discussing
As for you, instead of becoming an audience, you step on stage and become a participant in the game.
The more dramatic and fun the game is, the more the audience below shouts and discusses.
The more Bitcoin increases, the more people talk. To the point that when I go to the supermarket, the saleswomen there also talk and comment.
But they still scratch their heads and wonder what the hell I'm talking about, am I talking too enthusiastically? Why what? #BTCā #Write2Win #binance