#diamondhands

[unpluggedfinancial]

Diamond Hands: Staying Strong During Market Downturns

In the world of cryptocurrency, the term "diamond hands" has become synonymous with steadfastness and resilience. As Bitcoin trades sideways, it's essential to understand the significance of maintaining diamond hands during market downturns.

Understanding Market Volatility

Market volatility is inherent in the cryptocurrency world. Bitcoin's history is replete with dramatic rises and sharp falls. For instance, during the 2017 bull run, Bitcoin soared to nearly $20,000, only to plummet to around $3,000 in the following year. Yet, it bounced back stronger, reaching new all-time highs. This cyclical nature underscores the importance of holding firm.

The Psychology of Holding

Holding through market downturns can be emotionally taxing. The fear of missing out (FOMO) when prices surge and the fear, uncertainty, and doubt (FUD) during declines can lead to impulsive decisions. However, having diamond hands means overcoming these emotional challenges and focusing on long-term goals. The psychological benefits of holding firm include reduced stress and a greater sense of control over your investment strategy.

Strategies for Maintaining Diamond Hands

Dollar-Cost Averaging (DCA): This strategy involves investing a fixed amount regularly, regardless of the market price. It reduces the impact of volatility and builds a disciplined investment habit. One of the best times to buy is when the price drops, allowing you to accumulate more Bitcoin at lower prices and potentially increase your returns when the market recovers.

Setting Long-Term Goals: Believing in Bitcoin's future potential can help you stay committed. Set long-term goals and remind yourself of the reasons you invested in Bitcoin.

Avoiding Constant Market Monitoring: Checking prices frequently can heighten anxiety. Instead, set aside specific times to review your investments.

Diversifying Your Portfolio: While Bitcoin may be a significant part of your investment, diversification can minimize risk and provide stability.

Real-Life Examples

Consider the story of MicroStrategy, a company that made headlines with its significant Bitcoin holdings. Despite market fluctuations, CEO Michael Saylor's unwavering belief in Bitcoin has led to substantial gains. Similarly, individuals who held through previous downturns have seen their investments grow exponentially over time.

The Bigger Picture

Bitcoin's potential extends beyond short-term price movements. Its growing adoption worldwide, increased acceptance by major institutions, and potential to revolutionize the financial system highlight its long-term value. By maintaining diamond hands, you position yourself to benefit from these future developments.

Conclusion

Staying strong during market downturns requires resilience and conviction. Diamond hands are not just about holding; they're about believing in the future of Bitcoin. Remember, the best time to buy is often when prices are low, making DCA a valuable strategy. As the market continues to evolve, remember the potential that lies ahead. Stay informed, stay committed, and most importantly, keep those diamond hands strong.

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[collectingall]

∀ 2023 PANINI DONRUSS OPTIC DIAMOND HANDS JUSTIN JEFFERSON #DHJJ BLK PAND PSA 10 👉 bit.ly/myslabs 👈

[nightpool]

You could take [this] view generally about all sorts of stock-price-management antics. The thing that matters is building a great business; any time spent thinking about the mechanics of managing the stock price — whether through traditional means like stock buybacks, or comedic means like AMC’s — is misspent. One possible synthesis of these views is something like: “If you can conveniently do dumb stuff to boost your stock price, go ahead, but don’t spend all your time thinking about it, and certainly don’t talk about it. Don’t go around saying ‘we’re doing stuff to boost our stock price’; go around talking about the great business that you are building for the long term. But, sure, occasionally do some stock-price stuff if it’s not too much trouble.” I don’t know if that is the right synthesis, but I get the sense it is a popular one. Nobody’s going to turn down a quick stock-price boost, but talking about it is viewed as unseemly. For instance, here is Luke Kawa at Sherwood on Friday:

> The decision by Palantir Technologies to move its share listing from the NYSE to the Nasdaq could spur another wave of buying from exchange-traded funds that track the Nasdaq 100. > The X account of Alex Moore, a board member at the company, tweeted the quiet part out loud. Quite colorfully. > Per screengrabs of the message: > “We are moving @PalantirTech to Nasdaq because it will force billions in ETF buying and deliver ‘tendies’ to our retail investors. Player haters be aware that we’ve been hated for decades (plural). Everything we do is to reward and support our retail diamondhands following.” > The tweet, and the account itself, no longer exist on X.

[turkishnyradio]

Princeton Grad Arrested in Diamondhands Fake Crypto Site Scam

[earningpill]

BitClout 2.0 Announced as Next Stock Market for People

[PRESS RELEASE – Los Angeles, USA, April 26th, 2023] Today, an exciting announcement was made on decentralized social app Diamond that Bitclout 2.0, the highly-anticipated follow-up to 2021’s viral sensation that took the crypto world by storm, has been revealed by the infamous @diamondhands. Bitclout 2.0 aims to build upon the success of the original by introducing several new products and…

[youroriginaltimemachinestudent]

BitClout 2.0 Announced as Next Stock Market for People

Los Angeles, USA, April 26th, 2023, Chainwire Today, an exciting announcement was made on decentralized social app Diamond that Bitclout 2.0, the highly-anticipated follow-up to 2021's viral sensation that took the crypto world by storm, has been revealed by the infamous @diamondhands. Bitclout 2.0 aims to build upon the success of the original by introducing several new products and features, effectively turning reputation into an asset class on par with what NFTs are today. BitClout 2.0 is expected to launch with a sophisticated airdrop after the DeSo blockchain's transition to its new Revolution Proof of Stake consensus mechanism is complete. The white paper for BitClout 2.0 can be accessed at bitclout2.deso.com, and the password can be obtained by sending a DM to @bitclout on any DeSo app like Diamond or DeSo Chat Protocol. Bootstrapping A Stock Market for People One of the most groundbreaking new products BitClout 2.0 introduces is Creator Coins V2, a reimagined version of the original trading product that sparked thousands of celebrities and influencers to join the platform. Creator Coins are a new type of asset class introduced by BitClout 1.0 that are tied to the reputation of an individual rather than to a company or commodity, and Creator Coins allow creators, celebrities, influencers, and everyday users to monetize their work in ways never before possible in web2. Since Creator Coins track the reputation of an individual, if Elon Musk successfully lands the first person on Mars or alternatively go bankrupt, it will affect the price of his Creator Coin. Creator Coins V2 are fully backward compatible with V1, allowing users to transfer over seamlessly, and will be tradeable on DeSo DEX, the world's fastest on-chain order-book exchange (showcased by Openfund). Trading activity on BitClout 2.0 will be incentivized with a new $BITCLOUT token, allowing people to accrue fees through Creator Coin V2 trading activity. Bitclout 2.0 will reward early adopters through a sophisticated and viral airdrop scheme that takes inspiration from both BitClout 1.0 and from NFT marketplace Blur. BitClout 2.0’s airdrop mechanics will not only drive trading liquidity but also "content liquidity" by compensating the most active creators on the platform. Creators who post regularly and engage the community will also earn $BITCLOUT tokens through airdrops, adding an innovative new incentive structure for creators never seen on other platforms. People interested in participating in the $BITCLOUT airdrop can start familiarizing themselves with DeSo apps like Diamond, Openfund, Desofy, or DeSocialWorld, and many more listed on deso.com, before the launch. BitClout 2.0 will be built on the Decentralized Social Blockchain. According to the BitClout 2.0 white paper, "DeSo is the only blockchain that can support the storage and indexing requirements needed for a decentralized social platform like BitClout 2.0." This is thanks to DeSo’s vastly-superior content storage costs, which make it finally feasible for apps to extend beyond DeFi to storage-intensive social applications, and much more.

The History of BitClout In March of 2021, a mysterious password-protected link began to go viral. The link allowed users to access a new app called BitClout, created by the pseudonymous founder known as @diamondhands. What started as just a white paper and an associated demo quickly evolved into an addictive worldwide phenomenon, thanks to BitClout's introduction of a novel new concept known as Creator Coins. BitClout and its concept of Creator Coins were initially so viral and engaging that the early prototype alone attracted organic signups from hundreds of influencers and celebrities.  It also spawned numerous articles about its burgeoning "stock market for people," including a long-form piece in the New Yorker. The Next Great Decentralized Social Application  With the launch of Bitclout 2.0, the true power and capabilities of the DeSo Blockchain will be on full display for the world to see. Already one of the fastest and cheapest layer-1 blockchains on the market, DeSo’s move to Proof of Stake is likely to cement DeSo’s status as the industry leader for developers wanting to build storage-intensive infinite-state applications. Once completed, DeSo will inch closer to its final form, "The Sovereign Internet" featuring a "Decentralized Web," enabling developers to deploy censorship-resistant storage-intensive applications at scale from anywhere in the world. Bitclout 2.0 will likely be the first example of what can be built on DeSo post-Proof of Stake, but it won't be the last.  Currently, other proposals are circulating, including Bitfair, the first crypto-native sports betting app, and Pseudo, the first decentralized identity marketplace.  Learn more about the DeSo roadmap and what's next here. About Deso DeSo is a new layer-1 blockchain built from the ground up to decentralize social media and scale storage-heavy applications to billions of users. It raised $200 million and is backed by Sequoia, Andreessen Horowitz, Coinbase Ventures, Social Capital, Polychain Capital, Winklevoss Capital, Pantera, and other blue chip funds. Contact Arash Ghaemi ash@deso.org Read the full article

[arwyd]

Libertarian Wall Street Dudebros™ at any point in time before January 21, 2021: LET👏 THE 👏FREE 👏MARKET 👏DECIDE 👏

Libertarian Wall Street Dudebros™ today: waiT NO NOT LIKE THAT

[whatswrongwithwhite]

💎🙌

[bitcoinprovencrypto]

Control Your Destiny Life can only be understood backwards; but it must be must be lived forwards 🔮 . . . . Follow @provencrypto 🚀 . Turn on post notifications 🔔 . Repost @everything_crypto #controlyourdestiny #earnit #destiny #diamondhands #family #father #son #year3000 #doitforthem #armchair #daughter #parents #parenting #sit #viralmemes #bitcointrend #stock #btcusd #cryptocurrencys #litecoin #moneyprinter #cryptorevolution #thefuture #currencies #greyscale #businesscoach #stock #bitfinex #moneymaker #bitcoinchart #team https://www.instagram.com/p/CXoGtXWs55X/?utm_medium=tumblr

[wigoutlet]

Keith Gill - Roaring Kitty is back at it again

[sakibtas]

The 8 Most Popular Cryptocurrency Slangs Infographic

[desertsaga]

How are you celebrating your independence today? We have got a few things to blow up! A bonfire to burn, guns to shoot (safely) and some whiskey to drink… also don’t forget to wake up tomorrow and buy more #amc for some true independence! #diamondhands #amc500k #tothemoon #id4 #america #fuckyeah #greeneyes #purplehair #hotgothgirl #altgirl #innothingbuttheflag (at Rio Rancho, New Mexico) https://www.instagram.com/p/CQ6HS3oBctu/?utm_medium=tumblr

[alfredbaudisch]

Day 85: #AMCArmy 3D Text

https://alfredbaudisch.com/dailies/day-85-amcarmy-3d-text/

[elbaite1]

The 8 Most Popular Cryptocurrency Slangs Infographic