Topic: Bitcoin Has Changed My Life 👨‍💻 - page 4. (Read 1028 times)

So you had made a profit of the ten percentage of your investment,this is very easy one in the bitcoin trading.Because bitcoin is the potential coin as compared to the other coin in the cryptocurrency.If you start the next trade with the 1000 dollars,then you get the profit of 50-100 dollars from the bitcoin trading.It’s essential to fix the price of the bitcoin at which you are going to inverse to get the return money.If you inverse at the random price of the bitcoin,then it take huge time to get profit from your investment.

I assume that btc is more suitable for long-term hodling. Getting profit out of btc in a short period of time is indeed a type of gambling, especially if at the start the sum of money is not so large (due to withdrawal fees)... So, in general, patience is a useful thing in cryptotrading, since all the other ways to get profit out of crypto are quite risky... Besides this, mining is quite a good source of stable income, however it's not so easy as it was in the beginning.

Gambling differs a lot from Bitcoin trading. In gambling, luck plays a huge role, whereas in trading it's a combination of luck and your skillset. Trading involves various strategies, and not all of them are effective, but those who understand what to do at the right time have the potential to earn substantial profits imho.

I'm pleased to hear that you're already making a profit. An $80 profit in just 2 days from trading Bitcoin is a promising start. Keep up the good work, and I hope your journey in investing and trading Bitcoin continues to be successful. Best of luck OP

I do not want to tell you this but I must, most likely you are going to lose all your money at this rate, since the profits that you make are equivalent to the risks that you take, earning 80% of your capital in two days means that you are taking risks that are too high, now it does not matter if you think you can win 10 or even 20 times in a row, at some point you will make a mistake and lose everything, so I suggest that you learn more about trading before this happens to you.

There is a reason they say easy come and easy go with relation to certain types of money. When you gamble or trade in markets you can be incredibly successful very quickly, but that can turn into a double edged sword when things swing the other way and you lose all your money in an instant. When it comes to Bitcoin, I think people are wise to stack and wait.

It's mind-boggling when a beginner starts trading but chooses a type of futures trading that will eventually lead to a lot of losses if they don't understand how futures trading works.

Maybe they can make a profit at the beginning because their guess is right, but it won't last long.
Bigger losses will await, it's like gambling that only guesses the price up or down.

The stories of people like this with Bitcoin will be bad stories when the losses come.
They will think Bitcoin is a scam when their trades keep failing.
There is nothing better than holding Bitcoin, but holding requires patience and cannot benefit instantly.

I even think he is gambling rather than trading. In my opinion, those who are new to trading but start trading futures are no different from gambling, and they become more excited when they make their first profit. And they become more excited when they make their first profit, they start to think that it is quite simple and they think that they have found an easy way to get rich. They don't know that bad things are waiting for them ahead. To be honest, making a profit is very gratifying but for newbies it is not necessarily a completely good thing.

Are you sure? How are you so sure that the bitcoin price will increase? After 2 months? What's your basis for that? It's easy to say that the bitcoin price will increase or that you will profit a lot at this specific period of time without any evidence or anything else that could support your statement. What if things goes south after you buy a lot of bitcoin? First, present solid evidence or anything that could support the statement before you give misleading information.

It's @Blitzboy's assumption based on what he saw in the market at the time. Now, when you say it will be profitable in two months, that is also your assumption. There's nothing wrong with any of our predictions; to be honest, if you think that's what will happen, so be it.

It's up to each of us here to figure out how to benefit from crypto trading. We distinguish ourselves by analyzing the readings of the market movements that are now taking place. Even so, if he holds Bitcoin, more lives will be changed in the future as a result of his conviction in it.

Congratulations on your success in getting a profit of $80 in a short time, I am happy with your success after trading on Bitcoin. One thing you must not forget in trading. Even if you are trading in one of the most popular crypto assets, the risk of loss remains. Not always Bitcoin can guarantee profits for you and not always Bitcoin makes you lose money.

When you are walking on a double-edged sword, you must always be careful so you don't slip easily. You must be able to control your emotions when trading so that you don't get caught up in bigger desires that can cause you to lose some of your money. Patience and skill are very necessary when trading, you must continue to learn to increase your knowledge in the Crypto field. Don't be satisfied with the knowledge you have mastered, there is still a lot you need to know in order to improve your trading skills.

I don't see your post as an attempt to attract sympathy because I like the title. I am part of the people who feel that bitcoin has changed the way I think about the financial system.
OP, congratulations to you and hope you stay enthusiastic.

The story is that you are only in a trade that still allows you not to make a profit every day. By me saying this, don't make you discouraged in the bitcoin trading that you are going to do because trading does not guarantee that the trader will be in a position that is always profitable. If in the future you are willing to collect every profit to divert to long-term investment, in my opinion it can enable you to get greater returns.

I think this is your wrong idea because it can increase and there is no fixed speed and you can do this by buying more bitcoins at this price and holding and selling after two months you will make a lot of profit.

The price does seem stable around $26,026, I dont think its time to break out the champagne just yet. I've seen patterns like these and they are not good at all

The resistance at $26,350 and $26,500 might just be a stone wall for now, but massive sell  can break it any moment. If it drops to $25,400 or more, $25,000, its going to be a tough pill to swallow for many. Its crucial to stay vigilant and keep those eyes peeled on the market pulse

Which is my dream to fulfill this dream I must work hard to reach there and I need a lot of knowledge on bitcoin trading that's why I put a lot of talent on it because I should earn knowledge then if I do it once knowledge will be successful If I can then my past will easily fulfill my dream and I will be known as the owner of a lot of money and for any work one must work hard.

I notice in your statement that you didn't mention using any kind of strategy or indicator in your trade; it sounds like you just think you want to try trading bitcoin and then you earn. I don't know; maybe you just forgot to mention that or you really don't do any technical analysis or such before trading. You see, trading crypto is very risky, and you do futures? One wrong trade, and that capital would be gone. You earn just like you've said, but maybe you are in luck at that time. If you only trade without knowledge or skill, then I don't think you will survive trading in the long term. Just some advice, bro. Not every day is good luck. Take crypto trading seriously, but yeah, congratulations on your profit. Any profit is big; it depends on people.

Well it's true and it's obvious that anyone if they really have aspirations such as wanting to succeed then of course they must try to pursue it no matter how tough the journey they will go through, but if you really mean it then there must be a good way that will make you survive. But in reality, there are so many of them who are easy to say but never do it by starting an action, then it's the same and nothing more than just nonsense. Yes, I have also seen some of them who come only for profit or focus too much on profit, they are very ambitious. But we also have to remember that even though investing in bitcoin has the opportunity to change your life, I say it is not entirely because obviously we see that there is also a big risk there that is enough to be taken into consideration.

Therefore I hope that if you really want to change your life through investment it is possible and indeed quite a lot has succeeded, but you need to consider many things before entering this field. You must be able to fully understand how your money moves here, recognize the risks that are very likely to occur lest you get lost with the wrong mindset, and continue to learn and remain consistent. Of course, you also need to be able to manage your money and allocate it in a way that is beneficial to you.

If you have a target then you should work hard for that and not really that just keep on dreaming without having actions because it wont really be come into fruition if you dont really have those kind of actions to be made.
Bitcoin or cryptocurrency as a whole could really give the opportunity for you to make money or profit or you would really be able to change up your entire life if you have done the right decision specially if you are holding significant amounts whether on Bitcoin or some altcoins then you would really be having that chance on might really be changing your life forever but of course it would really be still depending on how you would really be able to sustain yourself when it comes to financial situation because we know that if richness would be mishandled then it would really be ended up on a disaster and this is why it would really be always better that you should really be that wise when it comes to your investment or whatever income source you do have which it isnt really that limited on Bitcoin but also in other sources as well as long it could really be giving out that
kind of benefit and advantage to you then this is what really counts or matter the most.

Obviously, the way you’re talking, you still don’t know much about bitcoin trading; if not, you can’t make $80 profits and start exciting that bitcoin has changed your life. Don't be too excited; you are just starting. You need to calm down and learn trading skills because you still lack them. However, the reason why I said you shouldn’t be too excited is that you are just starting, and the way you recorded wins, now you will also start recording losses. I'm not saying you will lose in your trading journey, but that is how it works: you must record losses.


There are some topics related to this discussion.
However, you are talking about how you make money in bitcoin trading; why are you bringing up gambling discussions again? I think you also don’t confidently make the profits you are talking about, and that is why you still brought this one up, or maybe you luckily made these $80 profits with the little knowledge you have. So, OP, I will encourage you to go back and learn more about trading skills before going deep into them.

Bitcoin's Recent Price Movement Breakdown:

Trading Pattern: Lately, Bitcoin has been moving sideways, with a decline below the critical $26,500 support.

Potential Drop: Current trends suggest the possibility of further descent, potentially crossing the significant $26,000 threshold.

Resistance Struggle: Despite repeated efforts, Bitcoin has found it challenging to move past the $27,500 resistance, leading to a noteworthy pullback.

Bearish Indicators: The coin has fallen below vital support levels at $27,000 and $26,500, indicating a bearish trend.

Recent Stabilization: After momentarily dropping below $26,200 and approaching the $26,000 mark, Bitcoin seems to be stabilizing around $26,026, offering a glimmer of respite.

Current Resistances: Bitcoin now faces resistance levels at $26,350 and $26,500.

Possible Movements: A surge past $26,700 could provide upward momentum. Conversely, if Bitcoin fails to break this level, we could see it declining to $25,400 or potentially as low as $25,000.

What you say is exactly right, even with small capital we can invest our money to buy bitcoin, if we don't have money we can look for funds in various events such as Bounties, Contests, etc. From the results of this participation we can use as initial capital to buy bitcoin. without having to disturb your personal money or living necessities, and that can be your benchmark for the results of getting a bounty or contest, because the prizes you get are more than enough to invest in bitcoin.