Author

Topic: Bitcoin investment progress. (Read 781 times)

hero member
Activity: 1008
Merit: 960
December 17, 2024, 11:29:51 PM
#71
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.
full member
Activity: 322
Merit: 194
December 17, 2024, 06:36:50 AM
#70
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.
?
Activity: -
Merit: -
December 17, 2024, 05:42:47 AM
#69
~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
hero member
Activity: 1008
Merit: 960
December 17, 2024, 04:57:40 AM
#68
~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.
hero member
Activity: 1050
Merit: 592
God is great
December 14, 2024, 10:33:15 PM
#67
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.

sr. member
Activity: 560
Merit: 474
Fine by Time
December 14, 2024, 05:36:00 PM
#66
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.
sr. member
Activity: 602
Merit: 263
December 14, 2024, 04:29:24 PM
#65
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.
hero member
Activity: 1778
Merit: 907
December 14, 2024, 01:01:25 PM
#64
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.
copper member
Activity: 126
Merit: 6
December 14, 2024, 12:38:01 PM
#63
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.
member
Activity: 140
Merit: 57
December 14, 2024, 12:36:12 PM
#62
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.
legendary
Activity: 2576
Merit: 2880
Catalog Websites
December 13, 2024, 08:12:59 PM
#61
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.
sr. member
Activity: 714
Merit: 409
December 13, 2024, 05:59:33 PM
#60
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.
full member
Activity: 742
Merit: 217
December 13, 2024, 05:14:05 PM
#59
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
sr. member
Activity: 616
Merit: 442
Forum Only For Fun
December 13, 2024, 04:17:34 PM
#58
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.
hero member
Activity: 1218
Merit: 543
fillippone - Winner contest Pizza 2022
December 13, 2024, 04:03:02 PM
#57
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.
brand new
Activity: 0
Merit: 0
December 13, 2024, 11:19:57 AM
#56
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.
?
Activity: -
Merit: -
December 13, 2024, 03:11:56 AM
#55
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.
copper member
Activity: 126
Merit: 6
December 13, 2024, 03:00:26 AM
#54
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.
hero member
Activity: 1008
Merit: 960
December 13, 2024, 02:32:16 AM
#53
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.
full member
Activity: 742
Merit: 217
December 12, 2024, 04:29:12 PM
#52
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
full member
Activity: 784
Merit: 115
December 12, 2024, 10:20:35 AM
#51
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.
sr. member
Activity: 322
Merit: 227
Playbet.io - Crypto Casino and Sportsbook
December 12, 2024, 04:50:12 AM
#50
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.
sr. member
Activity: 840
Merit: 380
December 12, 2024, 04:23:46 AM
#49
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.
hero member
Activity: 1008
Merit: 960
December 12, 2024, 03:05:28 AM
#48
~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.
sr. member
Activity: 756
Merit: 356
December 11, 2024, 11:55:56 AM
#47
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.
hero member
Activity: 896
Merit: 654
Leading Crypto Sports Betting & Casino Platform
December 11, 2024, 11:02:46 AM
#46
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.
?
Activity: -
Merit: -
December 11, 2024, 10:45:59 AM
#45
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.

hero member
Activity: 3038
Merit: 634
December 11, 2024, 01:48:12 AM
#44
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.
hero member
Activity: 1008
Merit: 960
December 11, 2024, 01:44:27 AM
#43
~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.
hero member
Activity: 553
Merit: 509
December 11, 2024, 01:16:44 AM
#42
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."
member
Activity: 60
Merit: 1
OrangeFren.com
December 10, 2024, 11:16:12 PM
#41
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.
sr. member
Activity: 602
Merit: 317
WOLFBET.COM - Exclusive VIP Rewards
December 10, 2024, 12:35:13 PM
#40
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.
hero member
Activity: 1428
Merit: 513
Payment Gateway Allows Recurring Payments
December 10, 2024, 12:25:34 PM
#39
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.
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
December 10, 2024, 10:28:27 AM
#38
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.
sr. member
Activity: 434
Merit: 275
Enjoy 500% bonus + 70 FS
December 10, 2024, 10:11:29 AM
#37
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.

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.
hero member
Activity: 1190
Merit: 803
December 10, 2024, 10:01:40 AM
#36
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.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
December 10, 2024, 09:21:00 AM
#35
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!
full member
Activity: 350
Merit: 128
December 10, 2024, 08:50:18 AM
#34
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.
full member
Activity: 672
Merit: 201
December 10, 2024, 07:42:21 AM
#33
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.
copper member
Activity: 196
Merit: 6
December 10, 2024, 06:43:01 AM
#32
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?
legendary
Activity: 1904
Merit: 1176
Glory To Ukraine! Glory to the heroes!
December 10, 2024, 06:40:56 AM
#31
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.
copper member
Activity: 196
Merit: 6
December 10, 2024, 04:36:20 AM
#30
~snip~
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.

The thing is that with Bitcoin you can use it as an easy investment instrument.

You don't need a third party, no need for anyone to accept you or anything.

You can simply obtain Bitcoin, by offering goods and services, and save it.

You will eventually be much better off than saving in fiat.

Yep.
The only thing needed is effort and time itself.
Everything else is ready and done for you.
hero member
Activity: 1008
Merit: 960
December 10, 2024, 04:30:12 AM
#29
~snip~
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.

The thing is that with Bitcoin you can use it as an easy investment instrument.

You don't need a third party, no need for anyone to accept you or anything.

You can simply obtain Bitcoin, by offering goods and services, and save it.

You will eventually be much better off than saving in fiat.
hero member
Activity: 1050
Merit: 747
December 09, 2024, 01:48:11 PM
#28
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.
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.
sr. member
Activity: 672
Merit: 321
I like to treat everyone as a friend 🔹
December 09, 2024, 10:56:17 AM
#27
Bitcoin is the most popular digital currency in the current digital world, most people are interested in investing in this digital currency. We have seen that when Bitcoin was first launched in the market, people were not so interested in it, but gradually this currency has become a very popular currency for people. The price of Bitcoin that we have seen in the current market is really skyrocketing and it has been able to reach a much higher position. Those who invested in Bitcoin and held it are currently able to make a lot of profit, especially those who bought Bitcoin at a low price around 2022 and were able to make several times the profit in 2024. It is certainly surprising that the price of Bitcoin is constantly increasing, and we will also advise you to invest in this Bitcoin by thinking about the future. The price of Bitcoin will skyrocket even more in the future, since currently, different countries of the world are investing in Bitcoin and making their economic position prosperous.  Currently, Bitcoin has surpassed $100k, but we expect it to become stronger and grow more in the future, so if you want to invest for the long term, you must hold it for a longer period of time.
full member
Activity: 189
Merit: 120
December 09, 2024, 10:45:03 AM
#26
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.
People who have invested before in bitcoin and in the past early stage are those who have enjoyed profit, no doubt, but I don't really like when the energy that could have been focused on investing in bitcoin now is being channelled to calculating how much those who invested in it have made from the investment instead of starting from now and waiting till their own profit is ready based on the longevity they have chosen; some just waste all their time in regrets of misused opportunities.
full member
Activity: 224
Merit: 128
Patience and hard work are the keys to success.
December 09, 2024, 09:38:12 AM
#25
This is just the past. As easy as it is to say, 'If an investor had held on since 2013, he would have become a millionaire', in reality, holding on since 2013 was not an easy task at all. One must be patient for success. I still regret that I have been following the Bitcoin chart since I registered on the forum and despite having interest in investing, I was not suitable for investing. Because, my income source was not reliable for investing. If I had been able to invest then, I would have got almost 2x more profit today. But I do not regret it much, because I could not have invested even if I wanted to. I am trying to forget it as the past and am currently focusing on buying regularly. If I regret not being with you during the struggle and not being with you after the success, it will be considered worthless. If we can learn from the past, it may be of some value.
sr. member
Activity: 994
Merit: 314
December 09, 2024, 09:04:24 AM
#24
It's actually crazy that people don't talk about Bitcoin more. They are just busy saving fiat, which actually devalues like crazy...
Most people still do not invest in Bitcoin, but rather they are saving fiat. They flock to banks. If they had given insight into the subject of Bitcoin, they might have given up fiat and considered Bitcoin as their only means of earning. No bank or financial institution in the world will be able to give the amount of profit that has been obtained by investing in Bitcoin in a span of 1 year.

Moreover, when corruption and money laundering activities are carried out in many countries around the world, how safe do you think banks are as a financial institution? If a person invests in Bitcoin after knowing the issues related to Bitcoin holding, then he is the safest, even banking services cannot provide security like Bitcoin. There is nothing safer than keeping your money with you.
legendary
Activity: 1204
Merit: 1005
December 09, 2024, 08:48:21 AM
#23
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.


Always a disturbance in my mind about Bitcoin investment because previously Satoshi created this to be made as an alternative tool for international scale transactions, with its anonymity and with a decentralized system, the message of freedom without a third party that Satoshi wanted to fight for solving problems that were biared Completed by Fiat.

But over time Bitcoin has price fluctuations because of the many demands, so some people begin to consider it as an asset to increase wealth in the long run and yes it is proven that Bitcoin has that function so that not a few of us start investing since a few years before to increase wealth or store values Money in Bitcoin, therefore, more and more people invest in Bitcoin than to use it for transactions.

There is nothing wrong with all this is actually better because I also keep a little bitcoin from a few years ago which finally benefited to this day
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
December 09, 2024, 08:36:22 AM
#22
ROI-wise, there is nothing that comes close to Bitcoin, many people don't understand this thats why they got robbed of their Bitcoin, they sold it away from small amount, and now that big companies are accumulating hard it is time for Bitcoin to be even more harder to accumulate, scarcity will hit very hard like nothing we've seen before.

Those who have invested in bitcoin know that it is the most profitable investment, and that is why they choose it. But they are not like us in that they do not have enough faith in bitcoin so they cannot hold it for a long time to be able to earn more profit. Or there are also some cases of early selling which may be due to forced circumstances or bitcoin has reached the target they set. Overall, there is nothing wrong with taking profits because everyone has different goals and circumstances.


I have took some profits and I plan to hold the rest till 2025 when I will probably sell the rest and by back very low in 2026, be prepared for this people, it is going to happen if you understand the chart and past history of Bitcoin very well.

Get prepared.

I like your strategy and that's exactly what I'm doing, I don't like the idea of ​​holding for long periods like 5 to 10 years or until bitcoin hits 1 million like what whales are doing and advising.
hero member
Activity: 2758
Merit: 675
I don't request loans~
December 09, 2024, 07:55:24 AM
#21
~
The 2024 advice? Sounds good. The 2013 one though? It's only good in hindsight. Yeah I know there were a lot of people who believed in Bitcoin even back then, but there's also the large majority that can't help but doubt something that just popped up 3 years ago to be, well, what it is today. And tbf, the gains we've experienced before would only go down from now so I guess those who believed early on and held deserved to be rewarded. Though at this point I reckon a large majority is also being rewarded, just not that big, but still a reward nonetheless.
copper member
Activity: 126
Merit: 6
December 09, 2024, 07:29:26 AM
#20
You're right about the growth of the profits in this bull run, based on the current ATH that happened few days ago, for the price of BTC to hit $102k, has helped people to earn plenty of profits from BTC investment because some people bought BTC last two years when the price was very low in the industry, and they decided to sell their BTC in this month of december. It was a great surprise to many people  seen $102k this year because they never thought that BTC price will get to this position we found it today, because they were still thinking that BTC will end up like some altcoins in this industry, but there is a massive progress in BTC investment which it will encourage other people to test the investment when the price start dumping again.

Even those that invested in BTC in the month of January, still earned massive profits from BTC investment because the price of BTC was still around $45k or $60k when they bought BTC and hodl for the bull run to occur before they sold everything off to achieve their goals this year.

It's amazing to see Bitcoin reaching such milestones, with $102k being a major highlight of this bull run. The foresight of those who invested during market lows, like two years ago or even in January, truly paid off. This kind of growth underscores the potential of long-term strategies like HODLing during volatile periods. While the market's unpredictability is challenging, it’s moments like these that validate BTC’s resilience and future promise. Let’s see how the next cycle unfolds!

It will be glorious because more and more big companies go on about making something out of BTC - keeping it, stashing it into their treasuries, etc.
As time goes on - we see more and more people understanding the beauty of BTC.
Even if only as an investment - it still is a development. And trust put into it.
jr. member
Activity: 532
Merit: 3
Web designer & developer https://spydevs.com/
December 09, 2024, 07:12:07 AM
#19
You're right about the growth of the profits in this bull run, based on the current ATH that happened few days ago, for the price of BTC to hit $102k, has helped people to earn plenty of profits from BTC investment because some people bought BTC last two years when the price was very low in the industry, and they decided to sell their BTC in this month of december. It was a great surprise to many people  seen $102k this year because they never thought that BTC price will get to this position we found it today, because they were still thinking that BTC will end up like some altcoins in this industry, but there is a massive progress in BTC investment which it will encourage other people to test the investment when the price start dumping again.

Even those that invested in BTC in the month of January, still earned massive profits from BTC investment because the price of BTC was still around $45k or $60k when they bought BTC and hodl for the bull run to occur before they sold everything off to achieve their goals this year.

It's amazing to see Bitcoin reaching such milestones, with $102k being a major highlight of this bull run. The foresight of those who invested during market lows, like two years ago or even in January, truly paid off. This kind of growth underscores the potential of long-term strategies like HODLing during volatile periods. While the market's unpredictability is challenging, it’s moments like these that validate BTC’s resilience and future promise. Let’s see how the next cycle unfolds!
?
Activity: -
Merit: -
December 09, 2024, 06:46:03 AM
#18
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.

https://talkimg.com/images/2024/12/05/psRTl.png

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.

Almost 16 years since its first block was mined in 2009, bitcoin has reached the landmark milestone of $100K and above per coin, placing the asset at a total market capitalisation of $2.1 trillion.
"This also places bitcoin firmly on the very short list of just seven assets or companies that have achieved more than 2 trillion dollars in market capitalisation, it's really massive on it rapid progress.
hero member
Activity: 686
Merit: 403
WOLFBET.COM - Exclusive VIP Rewards
December 09, 2024, 03:59:20 AM
#17
ROI-wise, there is nothing that comes close to Bitcoin, many people don't understand this thats why they got robbed of their Bitcoin, they sold it away from small amount, and now that big companies are accumulating hard it is time for Bitcoin to be even more harder to accumulate, scarcity will hit very hard like nothing we've seen before.

I have took some profits and I plan to hold the rest till 2025 when I will probably sell the rest and by back very low in 2026, be prepared for this people, it is going to happen if you understand the chart and past history of Bitcoin very well.

Get prepared.
full member
Activity: 322
Merit: 156
December 09, 2024, 01:23:42 AM
#16
Op The point you mentioned should be instilled in everyone and in everyone's brain. Because success is closest only through Bitcoin investment, you notice and think that in the past, those who invested and held on to their investments were the most successful.

 But this opportunity was at the end of 2022 when Bitcoin touched $15k, immediately all the investors who bought Bitcoin and held it for a long time have now got several times more than their invested assets. But there is an opportunity to invest in Bitcoin from the present time because the price of Bitcoin will increase even more in the future.
sr. member
Activity: 1414
Merit: 236
VPN Friendly & Exclusive Bonuses!
December 09, 2024, 01:03:38 AM
#15
You're right about the growth of the profits in this bull run, based on the current ATH that happened few days ago, for the price of BTC to hit $102k, has helped people to earn plenty of profits from BTC investment because some people bought BTC last two years when the price was very low in the industry, and they decided to sell their BTC in this month of december. It was a great surprise to many people  seen $102k this year because they never thought that BTC price will get to this position we found it today, because they were still thinking that BTC will end up like some altcoins in this industry, but there is a massive progress in BTC investment which it will encourage other people to test the investment when the price start dumping again.

Even those that invested in BTC in the month of January, still earned massive profits from BTC investment because the price of BTC was still around $45k or $60k when they bought BTC and hodl for the bull run to occur before they sold everything off to achieve their goals this year.
legendary
Activity: 1372
Merit: 2017
December 09, 2024, 12:57:05 AM
#14
Now the thing is that after the past cycle many of us thought that future returns would be diminishing, which is logical. But having been the returns last cycle of only X3.5 (from AHT to ATH), fortunately it seems that this cycle that is not going to be true and that returns will be higher thanks to all the institutional money that is going to come in. In the future it will be more normal that little by little with a giant market cap, the price will stabilize and the returns will be less volatile as well as the downturn but everything indicates that this cycle will be a very joyful one.
hero member
Activity: 938
Merit: 765
I stand with Palestine.
December 08, 2024, 11:59:42 PM
#13
Bitcoin has quickly become more popular and alternative against traditional money and valuable assets like gold. It has go up very fast with $1000 investment in January 2024 increasing by 120% in just one year. Those who invested in Bitcoin for longer time have seen even bigger returns. Like if we took look $1000 investment in 2020 so it would be worth 12 times more today and $1000 investment in 2013 would be worth amazing today. These numbers show that people who have held Bitcoin for long time have made a lot of money. It is good idea to keep holding onto Bitcoin to make most money and benefit from its potential for big growth. And I still think Bitcoin is still cheaper.
hero member
Activity: 1498
Merit: 785
December 08, 2024, 11:41:59 PM
#12
So continue to hold it in case at the end of 2024 and until the end of 2025 there is another 1000% increase, the profits will continue to multiply. Cheesy

When an investor has profited more than 1000% depending on how strong their hands are, whether to sell it or continue to hold it until his confidence.

What is clear is that I myself will continue to HODL until next year there is still a possibility of going up again. and keep HODL
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
December 08, 2024, 10:46:15 PM
#11
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.
legendary
Activity: 2170
Merit: 1789
December 08, 2024, 10:09:57 PM
#10
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?
full member
Activity: 2590
Merit: 228
December 08, 2024, 09:51:52 PM
#9
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.
full member
Activity: 1470
Merit: 108
December 08, 2024, 09:34:55 PM
#8
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.
legendary
Activity: 1862
Merit: 1209
December 06, 2024, 10:15:55 AM
#7
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.
You get it wrong.

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.
legendary
Activity: 2744
Merit: 4065
December 06, 2024, 09:56:39 AM
#6
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.
sr. member
Activity: 966
Merit: 306
December 06, 2024, 09:47:06 AM
#5
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
sr. member
Activity: 2366
Merit: 332
December 06, 2024, 09:39:52 AM
#4

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.
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
December 06, 2024, 08:51:53 AM
#3
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.

hero member
Activity: 1008
Merit: 960
December 06, 2024, 08:37:38 AM
#2
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.


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...
full member
Activity: 322
Merit: 194
December 05, 2024, 12:58:43 PM
#1
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.
Jump to: