Not many people wants to do that since they don't want to open their minds to accept the new thing. But with the popularity of Bitcoin now, it seems people start to follow the other people to have Bitcoin investment. It is good for them because they can buy Bitcoin and hold it for some time and sell it when the price increase.
The situation now gives a big profit for a long term hodler where they already buy Bitcoin from a long time ago. So if you want to start to invests in Bitcoin, you can start it right now and hodl it. You will see your profit comes in the next years so you should continue buy it.
Using DCA methods, you will have more and more Bitcoin and you can buy Bitcoin constantly. While you buy Bitcoin, you can sell some Bitcoin if the price increase by suddenly.
Topic: Bitcoin investment progress. - page 4. (Read 781 times)
Now, imagine if not only did you hold but you kept accumulating over the course of a year or two? To me, holding is not a problem but buying more is. I wish I had $1000 USD to buy bitcoin and hold but alas I don't. This still didn't deter me from investing and buying what I could afford. It is always better to have little than nothing at all. Thankfully, I did because my money did in fact double this year.
I believe a lot of people suggest DCA, even if you have huge wealth to convert into Bitcoin. Unless you want to yolo and don't care about the risk of course. If you have a spare $1 million, buying $10k worth of Bitcoin is easier compared to people who don't make $1k monthly. It also helps you so you don't buy at the top. CMIIW.I wonder which part of buying more is problematic for you though, since you seem to do DCA from your last 2 sentences. Is it because you can't allocate more to your monthly buys?
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.
Now, imagine if not only did you hold but you kept accumulating over the course of a year or two? To me, holding is not a problem but buying more is. I wish I had $1000 USD to buy bitcoin and hold but alas I don't. This still didn't deter me from investing and buying what I could afford. It is always better to have little than nothing at all. Thankfully, I did because my money did in fact double this year. Some people who may not have held their positions might be regretting now but I always remind myself that it is not the end of the world yet. Yes it would be such a shame not to maximize the earnings but I could still earn in the future and I do plan on doing so.
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.
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.
It's actually crazy that people don't talk about Bitcoin more. They are just busy saving fiat, which actually devalues like crazy...
Are you serious with this? Like people hodl fiat instead of bitcoin? I would have understood more if you say people convert bitcoin to stablecoin and not fiat.During bull time you are sure of an increase of at least 100% of your btc hodling, so why lock up your money in fiat where keep getting charged on your bank account maintenance amidst unexplained deductions and devaluation of fiat. Fiat is a inflationary currency as it is affected by their government policies and financial decisions but bitcoin isn't controlled by government. Bitcoin is deflationary, it has fixed amount in its supply unlike fiat and that has contributed to the growth of bitcoin.
He mean people that not invest in Bitcoin, not someone who have invested in Bitcoin. Obviously people who invest in Bitcoin mostly choose to convert their coins to stablecoin since it's more convenient.
People who saves fiat mostly think the interest rate of time deposit are enough to hedge against inflation and make them to earn profit, while Bitcoin is a high risk investment for them.
Unless you have sold, ROI cannot be calculated at current prices and is better calculated from the ATL of the current cycle, which is estimated to be between $40,000 and $70,000. Therefore, if you bought at the beginning of the year and have not sold now, you cannot be considered profitable on a scale of $100k-150k.
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
You can get ROI of Bitcoin investment by different years and different holding time.https://casebitcoin.com/
Cryptorank.io has its Analytics page that is helpful.
https://cryptorank.io/price/bitcoin/analytics
It's actually crazy that people don't talk about Bitcoin more. They are just busy saving fiat, which actually devalues like crazy...
Are you serious with this? Like people hodl fiat instead of bitcoin? I would have understood more if you say people convert bitcoin to stablecoin and not fiat.
During bull time you are sure of an increase of at least 100% of your btc hodling, so why lock up your money in fiat where keep getting charged on your bank account maintenance amidst unexplained deductions and devaluation of fiat. Fiat is a inflationary currency as it is affected by their government policies and financial decisions but bitcoin isn't controlled by government. Bitcoin is deflationary, it has fixed amount in its supply unlike fiat and that has contributed to the growth of bitcoin.
The accumulation increases if you are able to store Bitcoin for a long time, but in reality only a few are able to gain profits reaching 146,714% (accumulation at the price traded in 2013). Most investors want multiple profits from Bitcoin investments, but the majority of them are only able to survive at a multiple of 10% of the basic capital, after which they immediately sell it to secure profits and then buy it back when the price is considered to be at its lowest point. Bitcoin will shine even brighter after successfully breaking a new record at the $100k level and will attract the interest of investors who previously considered Bitcoin as an asset with no future.
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.
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.
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...
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.
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.
Jump to: