Topic: Has Bitcoin met your expectations from the time you bought your Bitcoin till now (Read 1235 times)

This is good, and it's even safer to invest in bitcoin over a long period of time than in any other crypto asset. Based on my own person and experience, I have gained profit from alts too, which might be more than the type of profit I earned from bitcoin in the short term, but I have lost more than I have profited in other altcoins just because I don't pay attention to the market. Bitcoin has supposed what I even expected from it.

This is a really good question. When I first found bitcoin, I was immediately intrigued by all the different properties that it offered above and beyond the normal money system. It has exceeded most of my expectations, except for the fact that I wish things would happen a little bit quicker, mainly regarding things like transaction speeds and cost, but I do know those things come with time.

It has met my expectations, and it has grown beyond what most of the people predicted. When bitcoin was valued at a few hundred dollars, I had a good number of bitcoins. I came to know about bitcoin through a friend, and while he introduced it, he gave a description that it'll grow much more in value than what we see now. This happened around a decade back, and I believed in it. To my bad luck, I wasn't able to keep it safe, as the greediness to have more and more triggered me to get into gambling and lose big. With bitcoin, many have made themselves millionaires, and I was one among those who missed the opportunity.

when you invest in bitcoin there is no way that you wont have high expectation you already know the worth of bitcoin why worry your self about anything when bitcoin is a reliable coin to buy unlike others, and not only you bitcoin have given a lot of people returns and this are part of the reasons why they will encourage anyone to actually invest in bitcoin we have to make the right choices, bitcoin have gained a lot of reputation and a good remark from people and that is why you see that bitcoin have the highest number of investors just because how bitcoin have given them more profit.

And the more you do bitcoin the more you understand somethings the more you want to do only bitcoin and that is why a lot of people are choosing bitcoin over any other coin and this are part of the reason the market keep increasing, just because of how people are making money.

And even if the expectation is not meet sooner or latter you will meet your expectation because there is always a good time for everything to fall in place so as far as am concern it is always about bitcoin and it will remain to be king.

I got more bitcoins than I expected especially I bought some bitcoins around 44 thousand but those bitcoins are now almost 2.5 times more than I expected. Bitcoin has actually acted like a friend in our time of need i.e. I have been able to meet my family needs as well as solve personal problems with the help of Bitcoin when I needed it. But I am holding some amount of bitcoins in my wallet so that in the future I can expect more from these holdings of bitcoins than I expect.

We would still see it as a store of value, though, in my opinion.
5-6 more cycles are needed to maybe, just maybe, change that and see Bitcoin in a different light.
 

Investors have made a good profit on this bull rally and it is time to start taking profits before the New Year. Which is what we are seeing at the moment. I would not recommend buying Bitcoin at such moments. The situation is too dangerous. There is a high probability that a significant drawdown is expected. The trend is looking to reverse. As one friend told me, it would be best to wait a couple of weeks after the New Year and only then take specific actions. Let everything settle down and return to normal.

You would also know how btc has gained acceptance and monitory value if you had an old wallet you left like $5 on it years ago say 5-7 years ago. At the opening of such wallet, you would be shocked how much you will see there. I have experienced this when I reopened an old wallet.

Bitcoin has surpassed it expectations for me because first, it has not disappeared from the crypto ecosystem, it has not bursted like bubble as some critics expressed their premonition in the early days of it innovation. Bitcoin has been adopted as legal tender in some countries and some has started considering it legality. Bitcoin achievement has seen it dominance percentage stable and increasing. In few years more, it will surely have more acceptability because it is the digital currency exchange value.

I think you've got a little typo in the point I've highlighted in bold.
But I think what you meant is that sometimes, the fees are too high - those Runes are flooding the chain with the mints   I do agree that it's frustrating when you need to pay that much just because of projects like these doing it (flooding, so to speak) to the overall experience.

p.s. - not at all, bud  

This is a very interesting topic. I think that many people have wrong expectations but I won't talk about that, I'll talk about what was my expectation before I got to know Bitcoin well.
Let's start:
1. I thought that Bitcoin was an anonymous currency but later I found out that Bitcoin is not an anonymous currency because we have blockchain where every transaction is recorded and available publicly for the audience, which means that everyone can find every transaction.
2. I thought that Bitcoin was a cheap payment method but I was wrong. There are moments when Bitcoin transactions are cheap but there are also moments when Bitcoin transactions are extremely expensive.
3. I thought that Bitcoin mining was easy and possible but I was wrong here too, Bitcoin mining is impossible at this point if you don't own a huge mining data center with cheap electricity. It's impossible to mine at home via CPU/GPU.

There are probably other things that didn't meet my expectations but it doesn't come to my mind right now. By the way, I also want to talk about what met to my expectations:
1. You are your own bank | This is true because when you own Bitcoin in your wallet, there is nothing and no one that can stop you from owning it if you take security seriously and aren't careless with your wallet.
2. Not your keys = not your coins, this is also very true.
3. Bitcoin is a good P2P payment method that really solves that problem that's written in its whitepaper.


EDIT
john_egbert, you were very fast Thanks for correction

Those who crave knowledge and dig deep enough understand where to search for something on the market and especially how Bitcoin is being the bulwark of it all - it is the most stable investment of them all.
And doubts can be anywhere other than for it 

Indeed, bitcoin has met much of what I had expected if not in the manner I wanted, but there is nothing wrong with that and thus we should not wait to put our money in bitcoin if our beliefs are good.

For those who are willing to make money from bitcoin, there is money to be made from long term holding and a chance to indulge in the next generation of currency which is censorship resistant and decentralized.

There will always be some doubts in mind, so start small and eventually keep increasing your stash of bitcoin.

How wonderful it is to reason after the fact. If only, yes, as if... No, that's not what you need. You should think about how to start investing in Bitcoin and other alts today. Excuses won't help here. I myself used to do nothing but look for all sorts of reasons, but in reality they were excuses.

The most important thing is to understand the situation. Start as soon as possible. This is the only way to achieve something.

When people are asked about hopes, I think there will be many great and different hopes. I think when I got into Bitcoin or crypto I had hope to improve my economic situation. Manifest? Yes, at the moment I feel helped. My main hope came true, but right now I have a lot of hope from my results in Bitcoin and crypto.

At first I always looked at how experts predicted the future and within a few years it was proven. So I have greater expectations for the future of Bitcoin and my family. The new hope is that the bigger Bitcoin, the more it will be adopted and trusted by the world's governments.

I think my expectation when I looked into Bitcoin, it's market cap, and it's potential market was that it would hit $4,000.  I didn't pour my life savings into it or anything, but that's what I figured could happen.  I never thought that countries would start adopting it, or that Bitcoin exchange traded funds would become some of the most successful launches in history.  From here who knows how high it could go.  We're all just watching in amazement at this point I think. 

I can't really point out wether to say it has met my target or not, but all I can say is that I haven't accumulated enough btc to think of that right now. If i had started accumulating bitcoin from the origin or even early last year when BTC was down below $30k, I would have accumulated a decent amount by now hoping for tangible figures since from when btc surged high from $25k to $90k. But since I don't have a decent amount and has not met my withdrawal target, I would not say I have met my target.

If the return capability that bitcoin has is not a great expectation for everyone, maybe it is not bitcoin that is wrong but the person who is using it much less appropriately.
Even if the investment starts with a smaller capital but is done consistently, then the person has got a decent return on the investment that he is doing.
This is talking about an asset that has the ability to protect value and bitcoin is truly one of the more promising investment concepts with the belief in fulfilling the desires of many people.

I believe that bitcoin can change the life of someone who is involved in it for the better because by running an investment in a right way, they have prepared a better financial step in the future.
If that does not happen then they should need to do an evaluation and maybe there is a mistake in running the investment in bitcoin.

When I was new to cryptocurrency and when bear season was running I had some funds to invest but due to fear I was new and inexperienced I didn't invest even though Bitcoin was around 15k. The regret of which will remain in my future life.
So what I mean here is that we can't think about many things, but we can see that things happen. And Bitcoin is one of those things. I am thinking that my current fund bitcoin investment will fully hold bitcoins with future profit if it touches 100k, I will sell and buy some land with that money and later I will invest again around 2026 or 27 because then there will be bear season and usually a few days ahead. Later the bull season will come again.

It surely has and in fact, bitcoin has been the only asset in my whole portfolio that has given me more than good returns.
The reason why I have started believing in investments is bitcoin and to be honest, over the years, it has gained a lot of trust and reputation which no other asset has achieved till date.
So yes, it has met my expectations and I would say it has far exceeded everyone's expectations.

Everyone who has invested in bitcoin since last year has seen a higher profit. if he invested with huge capital, bitcoin as surprise me because I usually predict that bitcoin will raise but not just in a short time he will taklong before in increase, but unfortunately in just a month bitcoin as reached almost 90k$, and people are expecting he will reach 100k$ very soon because is volatile and no one knows when he will increase again, and I think we have near the bull run already that is why coins are just pumping dippy, have not experienced the bull run and I've seen several sighs indicating that the coin will raise more than this.

Bitcoin investments are another option to accumulate money in the cryptocurrency world because how you invest determines how much profit you will make as the price rises. I didn't expect bitcoin to make me money so quickly, and I haven't even been investing for two years because I sold my formal one due to some emergency problems. It's a good thing we should keep investing in bitcoin because it doesn't have a time limit because it's volatile.