Bitcoin investment progress. - page 2.

jcojci

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Quote from: $weetne$$ on December 12, 2024, 04:50:12 AM

People that invest in Bitcoin just for a short term do not know what they are missing by selling too early. People consider profits making to be the main goal of buying Bitcoin therefore they get comfortable with any profits that they made provided they did not lose but that mindset is making people to lose alot of potential gains that they would have made if they they did not sell early. People that sold in the highest price of 2021 bull market and did not buy back because of procrastination or other reasons, did not see the price get to $100,000 that just happened few days ago. They would be regretting but there is not much that they can do again. We have to be willing to keep hodling until we get a very good profit that we will be very comfortable for us.

They will regret it if they don't prepare from a long time ago especially if they see Bitcoin price now. If they want to invest Bitcoin right now, they can still make a profit although that will depend on how much initial money they will use. Maybe they can use DCA now as Bitcoin price is not yet surge to the highest price but still, it is not easy to buy at the time now because the Bitcoin price itself is already in a high price.

If we can suggest to them, they can still buy it and not give up although the price is already in a high price. If there is a will, they will still invest their money in Bitcoin and wait for the bull run to come and sell their Bitcoin to get the profit. After that, they can start from the beginning as Bitcoin will be on the new cycle.

$weetne$$

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

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.

People that invest in Bitcoin just for a short term do not know what they are missing by selling too early. People consider profits making to be the main goal of buying Bitcoin therefore they get comfortable with any profits that they made provided they did not lose but that mindset is making people to lose alot of potential gains that they would have made if they they did not sell early. People that sold in the highest price of 2021 bull market and did not buy back because of procrastination or other reasons, did not see the price get to $100,000 that just happened few days ago. They would be regretting but there is not much that they can do again. We have to be willing to keep hodling until we get a very good profit that we will be very comfortable for us.

knowngunman

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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.

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.

nullama

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Quote from: Alpha Marine on December 11, 2024, 11:55:56 AM

~snip~
That's because a lot of people today are just concerned about quick profit. A fast route out of poverty and that is why they keep falling victim to scams, ponzi schemes and bad investments. People need to understand that the dream of having an investment that will take them out of poverty within a short period is a dream sold by scammers.
I'm not saying it's impossible but it happens once in a blue moon to one out of a million people.
With bitcoin, if you continue accumulating through DCA you'll be surprised at the amount of money you would have accumulated after a cycle or two.
The get-rich-quick mindset is what has made more people pay attention to memecoins and that is just another form of gambling. I don't have an issue with it if they openly agree that it's gambling in its own way but they believe it's an investment which is funny because they're investing in a token or coin hopping to get the best out of it without knowing anything about it.

That's actually quite true.

I've talked about just buying Bitcoin for the long term with some of my friends, and keep doing it for a decade or so, and most of them were really quick to not wanting to do that because they want the money right now, not in ten years.

And actually most of them had some Bitcoin but sold long before this ATH. Some even lost money, while other made just a bit of fiat in the process.

I think that's what's going on, they want to maximize fiat, whereas I think the best way to think about Bitcoin is to maximize assets.

So, you keep saving in Bitcoin until you have enough to buy a home for example.

Instead, they are trying to get a quick sale to get a bit of fiat out of it, which doesn't make too sense to me, as fiat devalues a lot very quickly.

Alpha Marine

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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.

That's because a lot of people today are just concerned about quick profit. A fast route out of poverty and that is why they keep falling victim to scams, ponzi schemes and bad investments. People need to understand that the dream of having an investment that will take them out of poverty within a short period is a dream sold by scammers.
I'm not saying it's impossible but it happens once in a blue moon to one out of a million people.
With bitcoin, if you continue accumulating through DCA you'll be surprised at the amount of money you would have accumulated after a cycle or two.
The get-rich-quick mindset is what has made more people pay attention to memecoins and that is just another form of gambling. I don't have an issue with it if they openly agree that it's gambling in its own way but they believe it's an investment which is funny because they're investing in a token or coin hopping to get the best out of it without knowing anything about it.

EarnOnVictor

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

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.

I don't think your calculation is accurate because Bitcoin opened the year 2024 at about $42,400, so if we judge by the current price of about $98,000, it's clear that the person would have made more than 200% profit from the coin. If we move it back a little within a year, the person should be gaining about 400% profit from the investment. This is awesome and I don't know the asset that delivered such an outstanding success in a short time like that if not cryptocurrency.

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Debuting in January 2009, Bitcoin's price broke the $1 milestone for the first time in February 2011. Fast-forward to 2024 when Bitcoin soared to several record highs, even breaking $100,000 on Dec. 4
The rapid increase in the exchange rate of bitcoin has massively improved ranking through the years.Let's say I solely invested in bitcoin since 2013 till 2024 ignoring the hurdles faced on the way I would have made a very huge profit.
From the look of things bitcoin doesn't tend to stop increasing in value so if you haven't made your investment your missing out.

sunsilk

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

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.

It's always been said and advised by the most of us that to hold Bitcoin is what you're going to do to prepare for your Bitcoin. If you believe that Bitcoin is the future then everyone should have been holding it as well that does believe in it.

There's still a lot of time for everyone to hold Bitcoin because there is only one direction where it is heading. Even if we've got some stumbles along its way and gets a lot of correction.

Its resiliency will show on no matter what the market does, it will continue to recover and reach the top.

nullama

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Quote from: bubilas on December 11, 2024, 01:16:44 AM

~snip~
I don't like articles and reasoning about "if you had invested earlier..." and the like. These are all tears of FOMO and have nothing to do with useful thoughts that can be practical in the future. Nobody knew that Bitcoin would grow, and those who invested at the beginning were those who had extra money and enthusiasm, unfortunately I didn't have extra money then, although I knew about Bitcoin from the time when it cost 50-100 dollars. Let's focus on analysis and the ability to multiply your deposit, and not dream about "what would have happened if we sold everything and bought Bitcoin in 2010-2012, it doesn't matter."

Yes.

Also, the same principles that drove the massive gains in Bitcoin still apply.

So, of course, the rewards are not going to be the same as before, because there is way less risk now, but it is still a great investment.

The reality is that most people who say things like this will most probably never invested at the time, even if they knew.

And if they would have invested, they would have probably sold when the price doubled.

bubilas

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

snip

I don't like articles and reasoning about "if you had invested earlier..." and the like. These are all tears of FOMO and have nothing to do with useful thoughts that can be practical in the future. Nobody knew that Bitcoin would grow, and those who invested at the beginning were those who had extra money and enthusiasm, unfortunately I didn't have extra money then, although I knew about Bitcoin from the time when it cost 50-100 dollars. Let's focus on analysis and the ability to multiply your deposit, and not dream about "what would have happened if we sold everything and bought Bitcoin in 2010-2012, it doesn't matter."

Huliya

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Everyone knows this and it means that if someone invests and holds Bitcoin, they will be profitable. But if we look at reality, we can see that. If someone has $10 invested, and the price of BTC decreases a little. Then the person withdraws the money that is needed for a haircut from $10. And thinking in his heart, he will invest $2 more. And this same thing happens until the $10 in his hand is gone.

The main thing is that long-term investing is not a child's play. And for this, you have to calm your mind. If someone had held Bitcoin in 2013, then after 11 years today, he would have seen a lot of profit, but think about it, after 2013, that person has faced many different prices. Seeing what his mind has been ruined. And later he decided to stop investing. So instead of thinking about what has gone, think about the future. Start investing today and you can see a big profit after 10 years.

2Pizza410000BTC

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Quote from: krishnaverma on December 08, 2024, 09:34:55 PM

Yes, you would have made good returns had you invested in bitcoin 1-2 years before.

But the people who made highest return with bitcoin are those who bought 10 years ago or before and held it till now. Even if you did not had the patience to hold for such long time you should learn from this experience. You should buy today and hold for next 10 years, you will make lot of money.

Yes, those who invested one to two years ago have seen a lot of growth in their investments. We may not have been there two years ago, which is why we couldn't invest, but if we had been, we would have definitely invested. Bitcoin is an investment where you can only profit if you invest with risk. When Bitcoin peaked in 2021 from $69,000 to $15,000, those who invested and were able to hold it have had much more success with their investments, so, not 10 years, those who invested and held it for one to two years have also had much more success. When looking at successful people in Bitcoin investments, I mention the success of the government of El Salvador, who has gradually invested using the DCA method and has created a lot of success in its investments. If you are still excluded from Bitcoin investments, then introduce the DCA method like the government of El Salvador, I hope you will be much more successful in a few years.

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

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.

Really if I would have invested in BTC at 2020 I would be making 12x well never calculated. I invested in 2023 to 2024 and made 2x alone. Now my target is to invest with big amount and plan to work more to make that money so in the next bull run I must have 10k invested in BTC I now for many this won't be a big amount but small steps can surely can take me towards millions one day Insha Allah.

Investing in the BTC is really the most powerful way to make money I experienced more then 2x yeah but it was safe for me, I invested in alts and they made me 2x in like 10 days alone but the risk was high. Therefore BTC is the safest assets and they are calling it a blue chip as well. Wonder who named that. DCA is best if not have all the money at once.

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

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.

This use to be my strategy back then when I was trying to raise $1k to buy Bitcoin, I think 2013 is even far, if you have invested $2000 back in 2020 when Bitcoin went as low as $4000, you will have made a whooping sum of $50k easily, therr is no safe investment out there that you can make such amount in short period unless you want to trade but how many people have that time to be trading, how many people has that mind to do technical and fundamental analysis.

Holding isn't easy though, looking at your investment doing crest and down due to volatility is something many people can't endure and when I see them wish they have bought Bitcoin when it went low, I will just shake my head knowing that they can't hold, they just want to enjoy the profit without going through the trauma of Bitcoin market and it doesn't work like that, you have to hold to enjoy the profits.

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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.

That's actually true, bitcoin main purpose was to function as an alternative to local banking or fiat system which is a decentralized and not a centralized system. But over the years it has received quite increasing number of adoption and used not only as an alternative to fiat but as an asset for financial growth or increase. Bitcoin is not only a coin or currency but a revolution and a movement which evreryone need to participate. This is just the beginning, bitcoin has come to stay.

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

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.

Thats why it is important we invest in bitcoin as early as possible to be more advantaged in accounting more bitcoin stash to our portfolio at it early stage to avoid regret when it may have been overly expensive. Although this percentage you have brought may not be actually true in regard to the time of investments and the profit because i have not did proper research I may agree to it but am not sure if those figures are correct, But it is just important we invest early.

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Quote from: Adams0001 on December 10, 2024, 07:42:21 AM

Exactly, those who enjoy this bull run are simply those who have invested in bitcoin for the past ten years and have yet to sell it. As a result of the bull run, people have become more wealthy since three investments have paid off handsomely. And it is never too late to invest in bitcoin because the price might fluctuate at any time, so all you need to do is be patient enough to invest for the long term and reap large profits. And I believe the bull run has over, thus the price will not be able to pump like previously, instead, it will gradually increase and you will continue to earn.

What do you mean? Huh

People don't have to wait for 10 years in order to enjoy their profit, people who bought Bitcoin in the beginning of 2024 already double their money. It's not easy to find an asset that give you 100% return in just a year.

The previous three super cycle, the ATH reached after a year of halving event, I'd more believe with the history than your prediction to think $103K was the ATH.

uneng

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It's amazing to see the current moment of Bitcoin in crypto market. For many it must be a surprise to see Bitcoin behaving like this, although for investors who are already here for several years, it's not a surprise at all, since the current momentum was totally expected for this halving of 2024, especially boosted by the events in USA with the election of Trump. After 3 years waiting, we have finally received the reward for our patience and efforts.

I hope every investors are enjoying the profits they have made in the best possible way, fulfilling their dreams and goals, full of optimism in a time of the year which is always full of excitement due to Christimas and New Year holidays. It's a moment to think about the year which is just finishing now, renewing hopes and plans for the next year of 2025 which is coming. If you are here, it means Bitcoin has been an essential part of your journey so far, so be thankful for that and for the moment you are living, with the thought in mind that the best is still to come!

AVE5

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Taking the value of bitcoin to what profitabiliy it'd become of old time investors is such a reminder to us that came lately despites that fact we learnt about the existence of bitcoin. Although its potentials as today hasn't been revealed and convinceable to us back then.
So therefore, let this backdate serve as encouragement to why we need to keep on holding our assets if only we can as much even when we may counter exciting profits within this bullish season. For sure bitcoin has its best profitabilities for investors as much as the future clocks, so much values bitcoin is approached.

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Quote from: krishnaverma on December 08, 2024, 09:34:55 PM

Yes, you would have made good returns had you invested in bitcoin 1-2 years before.

But the people who made highest return with bitcoin are those who bought 10 years ago or before and held it till now. Even if you did not had the patience to hold for such long time you should learn from this experience. You should buy today and hold for next 10 years, you will make lot of money.

Exactly, those who enjoy this bull run are simply those who have invested in bitcoin for the past ten years and have yet to sell it. As a result of the bull run, people have become more wealthy since three investments have paid off handsomely. And it is never too late to invest in bitcoin because the price might fluctuate at any time, so all you need to do is be patient enough to invest for the long term and reap large profits. And I believe the bull run has over, thus the price will not be able to pump like previously, instead, it will gradually increase and you will continue to earn.

Many individuals now understand the benefits of bitcoin, and they do not advise anyone to invest in bitcoin if they have money, because bitcoin has caused some people to believe in it, while others are enjoying the large profits they have made this year with bitcoin. So we should not stop investing since no one knows where bitcoin will be in the next two to three years, or if it will reach $2000 or higher then that. Let beleave and continue doing the good work. If you are not start investing in bitcoin this is the right time to invest and wait patient.

FortuneFollower

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Quote from: Cryptmuster on December 10, 2024, 06:40:56 AM

Quote from: Hyphen(-) on December 09, 2024, 01:48:11 PM

People who still hold Bitcoin in the last years are the real investors, they are the early Bitcoin adopters that believe in all Bitcoin has and they will still be on profit because I am very sure some of them will still hold in their Bitcoin despite the huge profit they are already having.

Even if you are opportuned to hold Bitcoin early this year or last year when the price is down, you will have gotten a huge profit that no investment would have given working one year, but some people still don’t believe Bitcoin.

To those who made huge profit from Bitcoin investment, I am happy for them, and I hope some of us that don’t have the opportunity to have invested then will buy now before it is too late to buy even though no time is too late for Bitcoin investment.

Perhaps it is not too late now if you want to buy bitcoin for the long term, because buying on a bull run is not the best decision in my opinion, buying when the price is at a high will lead to the fact that later on in the bear market the one who buys now will get losses, so I am of the opinion that now it is better not to rush with the purchase, but to wait six months - a year, I think that at this time the bear will already come.

Do you think a correction will come by earlier too, then?

Topic: Bitcoin investment progress. - page 2. (Read 781 times)