Bitcoin investment progress. | Bitcointalksearch.org

nullama

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Quote from: Rockstarguy on December 14, 2024, 10:33:15 PM

You just made me to remember a conversation I had with someone I know last week. In 2023 December when bitcoin was $42 we were talking about bitcoin, but then he was not familiar about bitcoin, and this is a person I know he can afford to invest bitcoin because he works with the oil and gas sector and he was thinking of what to invest and then when we were talking about bitcoin he was not really convinced about it to buy because he is not well familiar with it but he really enjoyed the conversation that very day and I'm sure from that very day he has been following up bitcoin price.

This is our recent conversation which he told me if he had known he would have invested in Bitcoin, and was also say he lose some money and I never bothered to ask what invested he lose money on.
~snip~

The thing is that if that person really understood what Bitcoin is, he would still invest in it.

The price of Bitcoin will continue to go up, partially because fiat purchasing power continues to go down, faster and faster.

But it's always the same story. When Bitcoin is "cheap" people say it's a scam and it will go to zero. Then when Bitcoin is at an ATH, they say they will wait until it is cheaper.

laijsica

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Quote from: I_Anime on December 14, 2024, 04:29:24 PM

Yeah bitcoin investment is a Work of art , not something that will reward you instantly, is something that will take time to build before one will Start seeing the beauty of that investment,

All that's takes is principles and discipline inorder to secure a proper bitcoin investment, because holding an asset for long is not a easy task but at the end you will see that it all worth it , like those that kept holding for 10yrs they all have been smiling lately due to Bitcoin recent prices and it's performance.

Yes, Bitcoin has become an industry where investors can find a niche by continuing and holding their small deposits and it undoubtedly rewards them much more than expected. Bitcoin also recommends that depositors increase their DCA periodically to grow their holdings over time and at the same time increase the amount of backup funds. Regardless of the policy and discipline, occasionally aggressive buying during bearish periods by building the right policy. The final decision to get huge profits in the future through multiple cycles and continuous holding attitude through the right action plan.

Depositing Bitcoin without financial luxuries today can tempt you to live a luxurious life in stages and through good financial management for retirement.

?

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Quote from: nullama on December 17, 2024, 04:57:40 AM

Quote from: Ale88 on December 13, 2024, 08:12:59 PM

~snip~
I totally agree with your statement: from time to time I also read some financial forums or even FIRE forums, and to me it's crazy how almost nobody on those forums considers bitcoin as form of investment. And those few users who try to start a discussion about it usually are just told to go play at the casino because it's the same thing. And we're talking about people who should know how to invest. I just don't get it. I guess all the fud we had the in the last years did a great job, people are really brainwashed.

Yeah, I think it might be because the mainstream clearly doesn't want Bitcoin to be popular.

Just watch any economist on TV and they would be laughing about Bitcoin.

I know about that because in the early days I just trusted them.

It was just when I did a personal review of Bitcoin that realized it is the real deal.

Everybody can laugh at BTC or crypto - but they would be in the wrong on so many different levels.
And after all - who cares, if you've got what you want and believe in.
Cool

nullama

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Quote from: Ale88 on December 13, 2024, 08:12:59 PM

~snip~
I totally agree with your statement: from time to time I also read some financial forums or even FIRE forums, and to me it's crazy how almost nobody on those forums considers bitcoin as form of investment. And those few users who try to start a discussion about it usually are just told to go play at the casino because it's the same thing. And we're talking about people who should know how to invest. I just don't get it. I guess all the fud we had the in the last years did a great job, people are really brainwashed.

Yeah, I think it might be because the mainstream clearly doesn't want Bitcoin to be popular.

Just watch any economist on TV and they would be laughing about Bitcoin.

I know about that because in the early days I just trusted them.

It was just when I did a personal review of Bitcoin that realized it is the real deal.

Rockstarguy

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God is great

You just made me to remember a conversation I had with someone I know last week. In 2023 December when bitcoin was $42 we were talking about bitcoin, but then he was not familiar about bitcoin, and this is a person I know he can afford to invest bitcoin because he works with the oil and gas sector and he was thinking of what to invest and then when we were talking about bitcoin he was not really convinced about it to buy because he is not well familiar with it but he really enjoyed the conversation that very day and I'm sure from that very day he has been following up bitcoin price.

This is our recent conversation which he told me if he had known he would have invested in Bitcoin, and was also say he lose some money and I never bothered to ask what invested he lose money on.

Agbamoni

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Quote from: I_Anime on December 14, 2024, 04:29:24 PM

Yeah bitcoin investment is a Work of art , not something that will reward you instantly, is something that will take time to build before one will Start seeing the beauty of that investment,

All that's takes is principles and discipline inorder to secure a proper bitcoin investment, because holding an asset for long is not a easy task but at the end you will see that it all worth it , like those that kept holding for 10yrs they all have been smiling lately due to Bitcoin recent prices and it's performance.

Bitcoin can reward anyone instantly depending on the longevity they have in mind. There are persons who take short-term profit from Bitcoin with full satisfaction. But for anyone to completely enjoy the full benefit of Bitcoin, they invest for a long time. The potential of Bitcoin in a short period cannot be compared to the long-term potential. The difference is clear. Although there are lucky traders who massively make good profit while they are trading with huge funds. Not all of them are lucky to get this kind of opportunities. Still, i wouldn't want to keep my hopes on luck when i know i am in a good position to eliminate risk.

The comfort when one is investing for a long time in Bitcoin is totally different from day-to-day traders. Obviously, we can call short term investors traders and that shouldn't be a discussion for debate.

I_Anime

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Yeah bitcoin investment is a Work of art , not something that will reward you instantly, is something that will take time to build before one will Start seeing the beauty of that investment,

All that's takes is principles and discipline inorder to secure a proper bitcoin investment, because holding an asset for long is not a easy task but at the end you will see that it all worth it , like those that kept holding for 10yrs they all have been smiling lately due to Bitcoin recent prices and it's performance.

Ultegra134

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Bitcoin, especially after the ETF adoption, is an undoubtedly a real investment, I'm not implying that the ETF is what made the difference, but it sealed the mouths of those who were trash talking about it. In general, I don't think I've seen any other investment with such performance in the past two years. Even my landlord was intrigued a few months ago, wanting to buy at $55,000, but was hesitant. I'm pretty sure he regrets it now. What happened with bitcoin the last quarter was extraordinary and nothing we've ever seen before.

fikrett

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Quote from: Scarlett_23 on December 14, 2024, 12:36:12 PM

One of the digital currencies in the world today is Bitcoin. The popularity of this currency is increasing day by day. When it was first launched, people did not know about it, but it has become quite well-known. People are becoming more interested in Bitcoin day by day and they are investing a lot in it. And now its price has increased unimaginably. The current situation of those who invested here five years ago is shocking. It is likely to increase further in the future, so people interested in investing can hold it for a long time.

The more BTC ATH reaches, the more news about its adoption on different levels is heard.
In the future decades - who knows what would happen with it on the global stage?
Its future would be right, that's for sure.

Scarlett_23

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One of the digital currencies in the world today is Bitcoin. The popularity of this currency is increasing day by day. When it was first launched, people did not know about it, but it has become quite well-known. People are becoming more interested in Bitcoin day by day and they are investing a lot in it. And now its price has increased unimaginably. The current situation of those who invested here five years ago is shocking. It is likely to increase further in the future, so people interested in investing can hold it for a long time.

Ale88

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Quote from: nullama on December 06, 2024, 08:37:38 AM

It's actually crazy that people don't talk about Bitcoin more. They are just busy saving fiat, which actually devalues like crazy...

I totally agree with your statement: from time to time I also read some financial forums or even FIRE forums, and to me it's crazy how almost nobody on those forums considers bitcoin as form of investment. And those few users who try to start a discussion about it usually are just told to go play at the casino because it's the same thing. And we're talking about people who should know how to invest. I just don't get it. I guess all the fud we had the in the last years did a great job, people are really brainwashed.

Orpichukwu

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Quote from: knowngunman on December 12, 2024, 04:23:46 AM

I don't blame them anyway, some of them are ignorantly trying to play safe while unknowingly playing foolishly. I see lack of understanding at it peak but who else invest in what they have no knowledge about? They simply assume investing in Bitcoin is like throwing your money into dustbin since they heard that it's risky to invest in Bitcoin. What's more crazy is how they think financial institutions handling their assets is more safer than bitcoin investment. It is absolutely fine to stay away from unclear investment but it is more okay to seek for understanding how things work here than remaining a doubting Thomas allowing some insincere institutions to take advantage of your assets over you.

The truth of the matter is that some people just like going in traditional ways; they are not yet ready to adopt new trends and innovations, and some see anything that doesn't have government support as a scam and fraudulent, which is why they prefer to hold their funds in fiat, where there is what they call fund protection for depositors.

They believe it's safer that way since the government is also watching over it through the central bank, and if anything happens, there is a higher chance of getting their money back. After ETF approval, some have started making amends; they now see Bitcoin from a different angle because big firms are involved. They can now buy it as stock without the fear of taking responsibility for their own security.

Onyeeze

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Quote from: ? on December 13, 2024, 03:11:56 AM

Quote from: Onyeeze on December 12, 2024, 04:29:12 PM

That is why I always said bitcoin investment always be successful and the profitable when you have the knowledge of how to invest in Bitcoin, investing in Bitcoin what you need is to know when the price is going to be low and know the year that is your target for you to make a withdrawal or cash out your investment to Bitcoin so people who invest for long time is people who make a profit during bitcoin investment and that is why if you are investing in Bitcoin you should know that it is a risk kind of investment and you should not panic during the process of a investment because if you are afraid of the investment that will make you not to make a profit so it is good for you to have a target on when you will make your withdrawal in Bitcoin investment it is only what to make you to make a profit during the process of investing bitcoin for long-term

Bitcoin investment is the safest investment out there. Period.
If you know how BTC behaves during different cycles, you know when to hold and when it will (presumably) reach the target you've put on it.
So after that, the best thing to do is just wait, and see your BTC flourish.

Bitcoin investment need us to understand it veer well before we invest on it, what makes us to continue to they experience negative in bitcoin investment is because of lack of plans and understanding, when you lack understanding it's when you will have issues on bitcoin investment, so what I'm trying to say in essence is that investing in Bitcoin need proper understanding and the proper research to know the rules and the regulations and also know the actual time that you are supposed to invest in Bitcoin and make profit but the thing is that some persons don't make such research before the Investment Bitcoin that is one of the things that causes the alarm for during the process of investing in Bitcoin so for me investigation and the research is the primary key for anything that has to do with it cryptocurrency investment

AprilioMP

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Quote from: nullama on December 06, 2024, 08:37:38 AM

Quite literally if you invested in Bitcoin in the last year or two, you would be way higher than any other investment.

They can't be blamed entirely. They may be between a position of fear because of the volatile price and a position of getting profit like the situation that Bitcoin investors receive.
However, investing in Bitcoin will not give us a target failure.

Quote

It's actually crazy that people don't talk about Bitcoin more. They are just busy saving fiat, which actually devalues like crazy...

Because they don't want to study Bitcoin more scientifically and believe too much in FUD so they only think about how to collect more fiat.

Wakate

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Quote from: laijsica on December 05, 2024, 12:58:43 PM

In just a few years, Bitcoin has become a powerful financial alternative that has taken an important place with valuable assets like the dollar and gold and has become the crypto industry as an alternative to the traditional financial system.

If you had invested $1000 in Bitcoin in January 2024 and held it until now, you would have seen a 120% increase in this one year. If you had kept $1000 in Bitcoin in 2020, this invested asset would have grown by 1220% in these few years and if you had kept $1000 in Bitcoin since 2013, its growth would have been 146,714% today and this information is quite surprising and it is a fact that investors have been properly rewarded over time by investing in Bitcoin. That is why it is recommended to hold multiple cycles to take the growth of the invested capital to a stronger position with the revolutionary increase in the price of Bitcoin.

News Source: Yahoo Finance.

The adoption of Bitcoin keeps increasing and we could be surprised that the price of Bitcoin could hit 150K soon looking at the way many companies and firms are interested in buying and holding Bitcoin because of the benefits in the future. Bitcoin could hit 200k or more one day just like the way many people argued it that the price of Bitcoin can never hit 100K. Now that Bitcoin has created all rime high, maybe we should wait a little for the price to retrace and keep going bullish. This is still one the best time to buy just like people that took advantage of Bitcoin the price was 30k.

Cpt_reader

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Quote from: ? on December 13, 2024, 03:11:56 AM

Quote from: Onyeeze on December 12, 2024, 04:29:12 PM

That is why I always said bitcoin investment always be successful and the profitable when you have the knowledge of how to invest in Bitcoin, investing in Bitcoin what you need is to know when the price is going to be low and know the year that is your target for you to make a withdrawal or cash out your investment to Bitcoin so people who invest for long time is people who make a profit during bitcoin investment and that is why if you are investing in Bitcoin you should know that it is a risk kind of investment and you should not panic during the process of a investment because if you are afraid of the investment that will make you not to make a profit so it is good for you to have a target on when you will make your withdrawal in Bitcoin investment it is only what to make you to make a profit during the process of investing bitcoin for long-term

Bitcoin investment is the safest investment out there. Period.
If you know how BTC behaves during different cycles, you know when to hold and when it will (presumably) reach the target you've put on it.
So after that, the best thing to do is just wait, and see your BTC flourish.

I always interested in Bitcoin and my most favorite to invest in Bitcoin. If Bitcoin reaches 1 million then I will buy it also.

?

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Quote from: Onyeeze on December 12, 2024, 04:29:12 PM

That is why I always said bitcoin investment always be successful and the profitable when you have the knowledge of how to invest in Bitcoin, investing in Bitcoin what you need is to know when the price is going to be low and know the year that is your target for you to make a withdrawal or cash out your investment to Bitcoin so people who invest for long time is people who make a profit during bitcoin investment and that is why if you are investing in Bitcoin you should know that it is a risk kind of investment and you should not panic during the process of a investment because if you are afraid of the investment that will make you not to make a profit so it is good for you to have a target on when you will make your withdrawal in Bitcoin investment it is only what to make you to make a profit during the process of investing bitcoin for long-term

Bitcoin investment is the safest investment out there. Period.
If you know how BTC behaves during different cycles, you know when to hold and when it will (presumably) reach the target you've put on it.
So after that, the best thing to do is just wait, and see your BTC flourish.

fikrett

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Quote from: knowngunman on December 12, 2024, 04:23:46 AM

Quote from: nullama on December 06, 2024, 08:37:38 AM

Quite literally if you invested in Bitcoin in the last year or two, you would be way higher than any other investment.

It's actually crazy that people don't talk about Bitcoin more. They are just busy saving fiat, which actually devalues like crazy...

I don't blame them anyway, some of them are ignorantly trying to play safe while unknowingly playing foolishly. I see lack of understanding at it peak but who else invest in what they have no knowledge about? They simply assume investing in Bitcoin is like throwing your money into dustbin since they heard that it's risky to invest in Bitcoin. What's more crazy is how they think financial institutions handling their assets is more safer than bitcoin investment. It is absolutely fine to stay away from unclear investment but it is more okay to seek for understanding how things work here than remaining a doubting Thomas allowing some insincere institutions to take advantage of your assets over you.

A person is, in some cases, ignorant to BTC entirely, or thinks that it wouldn't be having a good PNL in the times to come - both are, as you said, foolish decisions.
If a man goes and digs a bit deeper - he will get all the answers needed for how BTC operates and behaves on the market.

nullama

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Quote from: Onyeeze on December 12, 2024, 04:29:12 PM

That is why I always said bitcoin investment always be successful and the profitable when you have the knowledge of how to invest in Bitcoin, investing in Bitcoin what you need is to know when the price is going to be low and know the year that is your target for you to make a withdrawal or cash out your investment to Bitcoin so people who invest for long time is people who make a profit during bitcoin investment and that is why if you are investing in Bitcoin you should know that it is a risk kind of investment and you should not panic during the process of a investment because if you are afraid of the investment that will make you not to make a profit so it is good for you to have a target on when you will make your withdrawal in Bitcoin investment it is only what to make you to make a profit during the process of investing bitcoin for long-term

The thing is that, if you assume that the price of Bitcoin will continue to rise, either because it is scarce and over time more and more people want it, but also because the fiat itself is devalued over time, making it more expensive, at the end of the day it doesn't make too much sense to sell at any point for fiat.

Ideally you would wait until you could trade your Bitcoin for some other asset, like a house for example.

If you keep changing Bitcoin for fiat, waiting, then fiat for Bitcoin, you end up paying extra fees, and not making too much money. There's also the taxation of any money you made in those transactions.

So, in a way, hodling seems to be the simplest, yet most efficient way to become wealthier with Bitcoin.

Onyeeze

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That is why I always said bitcoin investment always be successful and the profitable when you have the knowledge of how to invest in Bitcoin, investing in Bitcoin what you need is to know when the price is going to be low and know the year that is your target for you to make a withdrawal or cash out your investment to Bitcoin so people who invest for long time is people who make a profit during bitcoin investment and that is why if you are investing in Bitcoin you should know that it is a risk kind of investment and you should not panic during the process of a investment because if you are afraid of the investment that will make you not to make a profit so it is good for you to have a target on when you will make your withdrawal in Bitcoin investment it is only what to make you to make a profit during the process of investing bitcoin for long-term

Topic: Bitcoin investment progress. (Read 781 times)