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Topic: Buying and holding Bitcoin will bring success! (Read 121 times)

hero member
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October 28, 2024, 12:29:02 PM
#21
As Bitcoin continues to seemingly maintain its momentum in various situations, it can be said that investing in Bitcoin will bring success in the future and has the potential to yield a large return.
Everyone who invested in Bitcoin in the beginning benefited the most. Some of them have taken their profits while many have held their bitcoins. Because Bitcoin is the only currency that will definitely grow in the long run. The price we saw for Bitcoin in 2018 is unlikely to return in 2024. Similarly, with the increase in demand , the price will also increase a lot.

People who are hesitant to buy Bitcoin today will regret tomorrow due to0 not buying Bitcoin at that price. Everyone who didn't buy Bitcoin in 2016 is regretting it today and everyone who didn't invest in Bitcoin during this period will regret it again in the future.

Bitcoin is the most volatile currency. It takes sometimes bearish and sometimes bullish which is why there is no guarantee that an investor will be able to make profit after buying. That's why he must have a plan to hold it after buying, otherwise in a bearish market they may worry and lose assets.
hero member
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No uncertainty investing in Bitcoin what will happen to Bitcoin in the future but what we see so far, Bitcoin is the best investment that we have. People can buy many Bitcoin especially for those who bought Bitcoin in a long time ago and hold it until now. We can imagine how much their profit now especially if they sell it now.

But although many people already proved that Bitcoin is the best investment, many people out there still not believe in Bitcoin. They still don't want to open their minds to accept a new thing and will say not believe to Bitcoin. That people needs to learn from those who succeed with Bitcoin so they can know that Bitcoin can be their best investment.
legendary
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Bitcoin investment will only bring success if you know how to play it well. But if you’re here for a get rich quick purpose, success will never await you in the end. Know that bitcoin investment is a high-risk asset, so one needs to be more cautious and knowledgeable on how to deal with the investment wisely. You need to stick to your target or goal, and by being patient and focused on your investment, despite of its dump and pump, you will definitely achieve success in the long run.
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Keep in mind that since Bitcoin's initial launch, it can only withdraw 21 million Bitcoins. Which is coming to an end day by day. As a result, the number of sellers is decreasing day by day, and the number of holders is increasing. Bitcoin price will skyrocket in near future. So at this moment we should hold for a long time. And if you are worried about which method to hold even after becoming a member of the Bitcoin forum, then in 1 word I will tell you the DCA method. It is a method that never wants to see what is your monthly or yearly income? DCA method is always an independent method, which cares about the pockets of the holders to make their holding journey successful.
hero member
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Looking at the pattern of Bitcoin price over the years, we can conclude that buying and holding Bitcoin will definitely bring success in the future. Bitcoin is the world's largest cryptocurrency that is seemingly everywhere. In the context of the discussion of different time sources, the rise and fall of Bitcoin price can be seen, which many people think that Bitcoin investment is volatile as hell and has no intrinsic value.

When you’re considering bitcoin as an investment and also looking at the disadvantages of it in real life, you’ll not be encouraged to keep that investment and will be more focused on what if it doesn’t work out as you’ve planned it out. Bitcoin, looking at its past historical record, you’ll be convinced more than enough that it’ll definitely be an investment worth trying out as it has always been a win win scenario for those that embraced it in early days. When you’ve invested in bitcoin and also seen how others that have invested in the past are wailing with their assets, you’ll want to join in but procrastinating is a very big deal you should try not to stop you. Buying and holding of bitcoin will bring success and it has been tested and trusted several times to be so.
STT
legendary
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People continue to say BTC is high risk yet its been around a decade and delivered over that time.   What is better advice is to note the high volatility it has, to enter and expect the price you buy will improve near term is where it gets risky.

The lowest risk for BTC is to be involved long term, over years it improves but it can also decline a large amount within just 1 year.  Dont put in money you will need back immediately or even with months.   Never borrow to hold BTC as that could be very expensive especially if you are forced to sell, nobody here wants to see that as it depresses the price.

With big business involved now and some speculators its a given some of the pricing is from leveraged money, which makes volatility worse.   You have to be ready for rough seas ahead even if BTC can gain.  I do think BTC gains from here but also its best to be ready for when bad news comes and pressure is applied as Bitcoin pricing is on the edges and very speculative.
hero member
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Definitely success, but I reckon comparing it to the past or at least, trying to assume you'd get the same returns as the past is wrong. We've slowly seen the price increments in terms of profit margin gradually getting lower and lower, so expecting the same thing to just keep happening in the future would just disappoint you greatly imo. Not to say that I don't think it won't grow anymore, it still would imo, just not comparable to before if that's what you were expecting.
I agree with you, expecting it to increase like from the past cycle is something wrong in expecting investing in Bitcoin now, it can be 2x from ATH, in my opinion it is very large for Bitcoin today, given the large market capitalization at a very price High will be difficult to do it in the next cycles.

But it will be very possible to get several times, it's just that you need to buy it at the lowest price in the cycle, such as the current cycle at $ 16k in 2022, and this kind of thing is still effective to get multiples of investments in Bitcoin.
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Definitely success, but I reckon comparing it to the past or at least, trying to assume you'd get the same returns as the past is wrong. We've slowly seen the price increments in terms of profit margin gradually getting lower and lower, so expecting the same thing to just keep happening in the future would just disappoint you greatly imo. Not to say that I don't think it won't grow anymore, it still would imo, just not comparable to before if that's what you were expecting.
legendary
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As Bitcoin continues to seemingly maintain its momentum in various situations, it can be said that investing in Bitcoin will bring success in the future and has the potential to yield a large return.
That's common speculation among Bitcoin users, but before you make an investment, whether it's long or short term, there are many things you have to consider and look for accurate sources about Bitcoin's current and future developments.

Because if Bitcoin goes down it can make you frustrated and if it goes up it can make you happy, ups and downs are parts that cannot be separated in the body of Bitcoin so that you can become a successful person in the crypto market, you need to understand the current world situation regarding crypto, especially Bitcoin.

The point is: don't be careless in assessing speculation on the current Bitcoin market, look at the positive and negative things about future developments before placing your money in Bitcoin investment.
member
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Bitcoin is not a guarantee of success, It's a means to have control over ones funds.
Quote
Suppose if your investment was $0.08 or nothing or you mined it yourself, your $1 or $10 return was amazing. Again, many people sell early, and those who held it for a longer period may have received a larger return - let's say it was 16k.
I have no idea and couldn't comprehend what you meant and mining Bitcoin comes with a cost
And is barely profitable currently and could even lead to losses.


I don't know if it was a translation but your post is kinda of all over the place
Sorry if it sounds harsh.
My classmate said it very well, but there must be a reason behind what I said that you may not have noticed, Bitcoin is definitely volatile as we know. You can't say with such confidence that Bitcoin is not a guarantee of success, because we must take advantage of the opportunity to participate in the bull run at the end of the bear season, maybe that is part of our guarantee of success.
legendary
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Suppose if your investment was $0.08 or nothing or you mined it yourself, your $1 or $10 return was amazing. Again, many people sell early, and those who held it for a longer period may have received a larger return - let's say it was 16k.
If you expect Bitcoin can grow your investment for 16,000x then I would say it's no longer possible.

Investing in Bitcoin will bring success is too exaggerated, let's say someone have $100K and then they hold for 4 years, their investment now worth $200K. Yeah it's a big amount, but I wouldn't call it success because success is more than that.

Having a business that always growing is more successful than investing in Bitcoin.
legendary
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In theory what you say is true, we just need to buy and hold bitcoin to make profit but in reality, things are not that simple. Bitcoin price has increased millions of times since 2009 until now, there are people who have made profits and even become rich thanks to bitcoin. But the reality is how many people have become rich from bitcoin, how many people can make profit from bitcoin among those who have invested in it? And how many people have lost money investing in bitcoin?


Besides the stories of getting rich by investing in bitcoin, I also heard many stories of bankruptcy because of investing in bitcoin. It can be said that there is nothing easy when investing in bitcoin. It can be said that there is nothing easy about investing in bitcoin because after all this is a financial market and there will be winners and losers.


Also, most people predict bitcoin to continue growing and even reach $1 million in the future. But how many can hold until then or will we sell them when Fud floods the market?
member
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The volatile price of Bitcoin is the reason why it has seen a skyrocketing trend for such a short period of time. In addition, due to the extreme aspirations of investors after a few years its sellers may continue to decrease and the number of holders will continue to increase. Since most of the Bitcoin has been mined, the final stage of mining is becoming more expensive and a part of the abundant natural resources is being lost.

So if you expect big returns you should ensure holding by depositing. Instead of paying much attention to the price movement, it is better to deposit Bitcoin weekly.
sr. member
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Believing that bitcoin will bring success with financial freedom and can control itself without a third party like fiat.

Don't forget that investing in bitcoin is high risk - high return but if you look at the history of bitcoin always breaking ATH records every cycle then many people believe bitcoin will bring benefits because many have changed their lives for the better or rich because of bitcoin profits.

Investing in bitcoin must be full of patience ... strong hands ... not selling early.
There will always be a narrative where during the bullish season bitcoin will be praised ... But when the bearish season bitcoin will be in the corner.
legendary
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As Bitcoin continues to seemingly maintain its momentum in various situations, it can be said that investing in Bitcoin will bring success in the future and has the potential to yield a large return.

Getting swept up in Bitcoin fever is all too easy these days.  For those who got in early or have held their investments long-term, the exponential growth has no doubt been thrilling.  However, it is important that us latecomers keep a level head - this is a famously volatile market, after all.  

It is true that Bitcoin tends to trend upwards over time, but it has been a rocky road getting there.  I have seen friends lose chunks of change on impulsive plays or bad timing.

Im still bullish long term. And, I think Bitcoin rewards the patient.  But anyone looking to try their hand should brace themselves for a crazy roller coaster ride.
hero member
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Looking at the pattern of Bitcoin price over the years, we can conclude that buying and holding Bitcoin will definitely bring success in the future. Bitcoin is the world's largest cryptocurrency that is seemingly everywhere. In the context of the discussion of different time sources, the rise and fall of Bitcoin price can be seen, which many people think that Bitcoin investment is volatile as hell and has no intrinsic value.

Of course, Bitcoin investment can be the easiest way to bet, if you look at the past history, you will see its amazing movement from the beginning to the present.

Suppose if your investment was $0.08 or nothing or you mined it yourself, your $1 or $10 return was amazing. Again, many people sell early, and those who held it for a longer period may have received a larger return - let's say it was 16k.
Its colorful journey as an investment in 2024 has delighted its followers and piqued the curiosity of those who haven't been here yet.

As Bitcoin continues to seemingly maintain its momentum in various situations, it can be said that investing in Bitcoin will bring success in the future and has the potential to yield a large return.
When it comes to potential then we cant really be able to deny that Bitcoin does really have it on which you could really be able to make yourself having that potential on earning on what you had invested
but of course the return wont really be that too big in comparing when you do really that investing into those altcoins or low cap ones or even on memes on which simply means that people are really that diverting out their interest on dealing up into something which they do know that it could yeiled out even more profits on which more than on what they could be able to have on investing or holding Bitcoin.
There would re ally be those individuals will really be not that contented on what they could earn with Bitcoin and thats why they would really be trying out another stuff on which its a normal approach for someone whose really that aiming or looking for more profits on which i could say that it will really be that normal.

Also, bare in mind that risks management will really be that still needed or something that you must consider because there's no assurance that you could really be able to have when making out investment here on crypto space. Lets just say that we are investing with Bitcoin but there's no guarantee that it could bring out success. There would be still factors that needs to consider or look out on which success will be basing up on
how much you had invested overall and also if Bitcoin would really be still existing in future years.
sr. member
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Bitcoin is not a guarantee of success, It's a means to have control over ones funds.
Quote
Suppose if your investment was $0.08 or nothing or you mined it yourself, your $1 or $10 return was amazing. Again, many people sell early, and those who held it for a longer period may have received a larger return - let's say it was 16k.
I have no idea and couldn't comprehend what you meant and mining Bitcoin comes with a cost
And is barely profitable currently and could even lead to losses.


I don't know if it was a translation but your post is kinda of all over the place
Sorry if it sounds harsh.
hero member
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If I could make a point from all that you have writen, the summery is that, bitcoin is the investment for the future and with potential of success, well also you mentioned the risk involved in bitcoin investment and how volatile the bitcoin ecosystem is, having this in mind helps us to prepare for that future and be able to make out plans as for our expectations from the bitcoin investment, also one other thing that you forget to mentioned is the fact that bitcoin is and hedge over inflation, so while all other form of investment are subject to inflation in the economy, bitcoin at the end stay above that economic force of inflation that render most traditional assets worthless even with their monetary profits on the long term.

Also talk of taxation at least in most places around the world, bitcoin investment is free from income tax which is a model used to take away some percentages of the profits generated by an asset over a given period of fiscal year, so all this makes bitcoin to be the most preferable investment regardless of the time frame.
hero member
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Suppose if your investment was $0.08 or nothing or you mined it yourself, your $1 or $10 return was amazing. Again, many people sell early, and those who held it for a longer period may have received a larger return - let's say it was 16k.
Its colorful journey as an investment in 2024 has delighted its followers and piqued the curiosity of those who haven't been here yet.
It will not be agreed by those who do not know the benefits of investing in Bitcoin. Another group of people who are new to or just know Bitcoin will not agree before they enjoy the results. The closest Bitcoin investment age is 4 years, according to the cycle. In that time span, they will find various answers as to why investing in Bitcoin needs to be done. If you just say it without experiencing it yourself with the ability to go through several phases, then many have said this, but in the end they will also disappear or leave it.
sr. member
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In the context of the discussion of different time sources, the rise and fall of Bitcoin price can be seen, which many people think that Bitcoin investment is volatile as hell and has no intrinsic value.
It is nothing to think about, Bitcoin is very volatile but saying Bitcoin has no intrinsic value because of it's volatile nature, is a wrong way to best define Bitcoin. The Bitcoin market has been volatile for a long time, right from the creation but now we get to compare the actual price back then and what we see right now, there has been much value attached that should convince anyone to be part of the growing market without a doubt of losing invested funds.

Of course, Bitcoin investment can be the easiest way to bet, if you look at the past history, you will see its amazing movement from the beginning to the present.
You mean to bet what? anyone who chooses Bitcoin as an investment option wouldn't call it a bet, can be if it is something outside of Bitcoin like most shitcoin that has no value attached and are temporarily living in the market, would not take a while for them to clear off the surface leaving their investors with nothing to profit from.

As Bitcoin continues to seemingly maintain its momentum in various situations, it can be said that investing in Bitcoin will bring success in the future and has the potential to yield a large return.
Every bit we leave through is all in the future of Bitcoin, 15 years over it's creation, we can still recount enough evidence and thoughtful stories that displays great success and this did not just come too easy, many where criticized and doubtful but yet a lot of people who seized the opportunity are making huge profits already from their investment. The future of Bitcoin is promised, the best we can do is to be part of the community so to succeed with others.
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