Topic: How I found my financial success in Bitcoin 1 year (Read 655 times)

We simply need to strategize and trigger actions where necessary in order to survive in the market. The space is available to anyone who is willing to learn and adapt to a viable plan that produces profits. It's never too late to invest in bitcoin; it's one of the market's most prominent projects. Bitcoin has changed lives over the past decades, and I'm confident it will change many more in the future, but only those who have invested massively in the project will reap massive gains, and when that time comes, I'll have fought for the free flow of fortune for the future of my family.

There is truly no need to change a strategy when it works well after all what is most needed is result and once there is a proven result and repeates success then the strategy could be said to be successful and there is no need to change, and in this form button vs DCA strategy proves to be the best practice and at that following the steps properly will always increase our chances of arriving at a result on time and that is something we must care about.


I agree that in this one year plus I was able to accumulate enough bitcoin even though I am still buying and also taking advantage of the market condition at every point because that is what determines the end result whether or not I will be in profits.

That's a great success stroy, I am happy for you buddy. Making profits so quickly in your crypto career is an awesome moral boost. And sharing your story with us can help others to find the motivation to follow your success. It's good that you keep following your strategy and will keep buying more coins. If a system works well there is no point in changing it. In my opinion following a DCA approach for buying our crypto currencies is the best strategy. Nobody knows with certainty what the future price of bitcoin is going to be, that's why it's so hard to find the bottom and the top do buy and sell our coins. When we keep buying fixed amounts of fiat money worth of bitcoins we don't need to worry about the price so much anymore.

You're tossing around the idea of Bitcoin's in-built whimsical nature and the difficulties tangled up in nailing its timing. But isn't this the unsung melody of every trading field, a relentless sequence of undulations, powered by the tug-of-war between panic and desire? Okay, it's easy to get nostalgic for the past low points. But, should we measure the then green, high-stake Bitcoin market against its present more matured, although still jittery version? I reckon not.

You've got a point there - that hovering around for the perfect market plunge may cost us potential windfalls. But, aren't we shrugging off the inherent hazards knotted into this approach? An individual should be ready to brave the storm of capricious price leaps and maintain an unwavering stance in their investment blueprint. When all's said and done, isn't the soul of your discourse promoting a buy-and-hold strategy, encouraging persistence and steadfastness amidst financial fluctuations? To this, I emphatically nod. Bitcoin indeed is a long-haul race, not a fleeting dash!

I'm so happy for you mate. I'm glad that you have already found financial success in Bitcoin and to be honest I'm pretty sure many of the members here, who have been in the forums for 3-4 years, haven't gained anything due to their bad mindset. They're not here to learn; they're here for other reasons. I highly recommend anyone to buy Bitcoin but I don't force anyone to do so.

Investing in Bitcoin for the long term is really good because you will most likely make a huge profit depending on how much you invest. So start now before it's too late. I mean it's never too late, but it's better to start early since the price of Bitcoin will increase significantly in the future. I believe that at the current rate, Bitcoin is still relatively cheap.

I'm happy to note this, as you have avoided investing primarily in "shitcoins." This reminds me of a similar experience a few years ago, where my portfolio became worthless investing in such a coin. Since then, I realized that only Bitcoin has real value. Recently, I have also avoided investing in "shitcoins", but occasionally take calculated risks in leading altcoins such as BNB and Ethereum. By doing so, I benefit from Bitcoin. I sell when the price is high and stack when I believe it's the right time to do so.

It is not possible to guarantee financial success with Bitcoin. To get financial success with Bitcoin you must know your knowledge potential, information, investment, research, education and new information. Moreover, there should be a lot of accurate knowledge about risk assessment, dollar cost averaging, your security and wallet management and investment rule variations to minimize risk. An overview of block chain technology and Bitcoin's massive rise in price movement Market changes over time Latest market news Your decision making ability and risk tolerance that comes with investing Investing style and preserving your wealth Knowledge must be kept. Keeping all these things in mind surely you can become a financial success through Bitcoin.

I mean, we're just discussing the lows and highs of this bear season, I'm not talking about the entire history of bitcoin.

I agree with you that there is no bad time to invest in bitcoin, it is never too late for beginners. But you have to admit to me that the sooner we invest, the more benefits we have instead of waiting for the price to drop to buy. Like last year when bitcoin dropped to $16k, to me, that was a huge drop, the price couldn't be better to buy. But many people were still waiting and thinking bitcoin would drop to 10k, so they missed it.

Bitcoin investment is a long-term holding, let's buy every time we have money, when there is an opportunity, waiting for a cheap price is never a good option.

It shouldn't be said that the best time to buy Bitcoin has passed, of course, I know that one could buy Bitcoin lower, but then if we talk about that, we can also say that the best price to buy Bitcoin was when it was below $1, but that will become a very large discussion and there will be a lot of HOWs and WHYs in that.

There is basically no bad time for buying Bitcoin, even the current price is a good one if someone is buying for the long run, and the price is dropping again these days, so someone who is willing to buy will definitely get better prices soon.

I cannot provide personal anecdotes or investment advice, but I can offer some general information and tips for investing in Bitcoin.

Bitcoin is a decentralized digital currency that operates on a blockchain network, which means it is not controlled by any central authority. Its value is determined by supply and demand, and it can be very volatile in the short term. While some people have made significant gains from investing in Bitcoin, others have lost money. It is important to do your research and understand the risks before investing.

Here are some general tips for investing in Bitcoin:

Educate yourself: Learn as much as you can about Bitcoin and how it works. Understand the risks and potential rewards of investing in cryptocurrencies.

Start small: Start with a small amount of money that you can afford to lose. As you become more comfortable and knowledgeable, you can consider investing more.

Diversify: Do not put all your money into Bitcoin. Consider investing in other cryptocurrencies, stocks, bonds, or other assets to spread out your risk.

Use a reputable exchange: Make sure to use a reputable cryptocurrency exchange to buy and sell Bitcoin. Do your research and read reviews before choosing an exchange.

Consider long-term holding: Bitcoin is a long-term investment, and it can be volatile in the short term. Consider holding onto your investment for a longer period to ride out any fluctuations.

Stay informed: Keep up to date with news and developments in the cryptocurrency world. This will help you make informed decisions about your investments.

Remember that investing in Bitcoin is not a guarantee of financial success. It is important to be cautious and make informed decisions when investing your money

I checked your threads one by one and out of the 4 threads only 1 mentioned how many satoshi you have, the rest are just saying that you believe in Bitcoin and keep accumulating, indeed you don't need to prove your Bitcoin ownership but words will never be convincing enough that you are really bullish on Bitcoin investments that have been made in this year but please don't take my reply as an attack I just want to say too many say believe in Bitcoin and keep on accumulating but really they are just speculators who keep on profiting whenever there is opportunity and holding onto it for the long term is not the real target.
But congratulations on the success of your investment in Bitcoin even though the target is always long term but enjoying a little bit of every success is not wrong.

Your dedication to collecting Bitcoins and avoiding "dirty coins" has paid off and it is clear that you have taken the time to thoroughly research and analyze the market. Even though you have already profited from your investment, you remain firm in your belief in the growth potential of Bitcoin and the ability to mitigate risks. Your unshakable belief in cryptocurrencies and your understanding of the underlying technology really does work.

Yes, at least Your Journey in Bitcoin is an example that needs to be adopted for other forum members, especially those who are new to the world of cryptocurrencies. Your enthusiasm, dedication and financial success serve as a testament to the significant rewards that can be derived from a wise long-term approach to investing in Bitcoin.

No one says that we must stop  accumulating Bitcoin , either we have earned or not , either we are willing to Hold or short term investing, bitcoin will keep bringing what is best for our crypto assets.
just buy mate , you have earned from the past so you will even profiting in the future, but the best thing is that know when to sell and when to  buy, being HODLER isn't that practical nowadays as bitcoin price keeps doing changes at least every month.

It is nice sharing your experience with bitcoin positively. Not everyone who started bitcoin made such profit within a year. Maybe it is because you focused on only bitcoin and avoided other altcoins.
Again, your massive profit also has something to do with how much you invested because someone who invested a minimal amount won't have such profit within a year.

Your excitement can be felt in your words, it's good to hear this, very impressive but Bitcoin promises even more if you're able to hodl longer. It's never too late to acquire your Bitcoin, Bitcoin will rise again and that's certain but lots of patience would be demanded to achieve that.

It can be said that the best time to buy bitcoin has passed, and last year was that great time when bitcoin dropped to $16k. It was also when I focused all my energy on buying as many bitcoins as possible. But if someone missed last year, there is still a chance to own cheap bitcoin, I think as long as it is still highly discounted from the old ATH, we can always buy it whenever we want. Don't wait for a lower price because no one knows what tomorrow's market will be like.
Your story is very inspirational to me, I hope the bitcoins that I own will help me to have the life of my dreams when the next bull season comes.

That is good to hear mate, thanks for sharing your experience in Bitcoin financial freedom within 1 Year journey successful investment and ready to invest more in Bitcoin, like wise me, Bitcoin is 100% sure to invest and make more profits than in investing alt-coins, most of the alt-coins has nothing to offer but rather to depreciate in value, which Bitcoin is rest of mind investment, and can not be compared among most shit coin's.

Yes now is the best time to accumulate more bitcoins since it price is at a discounted price right now, and just like the approach that helped me a lot within this one year is that I never take too much time to consider Bitcoin market trends before making my next Bitcoin purchase and at whatever price I don't care, at that point, all I need is to increase my bitcoin by buying at whatever price he wants.

The last year has been incredible for me simply because I never wait for the price of Bitcoin to drop significantly before a place my next buy order.

Well, this is just a valid proof that when you invest for bitcoin, you will definitely reap satisfying profits especially if you consider it as a long term investment. OP is just so much optimistic about his goal, that’s why no doubt that he has achieved his target goals even in just a year of hodling. Though topics like these are quite common already, but I think another purpose of OP is to encourage everyone particularly for newbies to never be tempted with altcoins and just stick to bitcoin no matter how highly volatile it is.

I think the same, if someone wants to invest in altcoins then that is their right, but a newbie should not do this as they are taking a risk they are simply not prepared to confront, and when they finally realize this was the case the losses they would have accumulated already will discourage them to invest in this market any more money or force them to keep investing in altcoins and hope for a miracle, a miracle that never comes as you may guess.