Topic: How I found my financial success in Bitcoin 1 year - page 2. (Read 648 times)

It's always good to hear success stories related to Bitcoin because this way you become a reference for many potential investors. Keep accumulating more satoshis for the next bull run. Do DCA, if possible. Increasement in price since last year must look minimal compared to the next price range Bitcoin may reach on the next season, after the halving. The expectations are really positive and the investment is opened to everyone, so make sure to enjoy it guaranteeing your ticket towards Bitcoin's next bullish season.

Thanks mate this have been a great journey with much inspiring but all thank to my noticeably willingness to study extra hard by investing a lot of time into ready, analyzing the general Bitcoin market and being able to take the right steps into acquiring bitcoin along the market sentiments.

The proven fact about bitcoin is that, bitcoin have a long term profitability that allow it holder generate some level of profits, and setting aside some percentage of your income into bitcoin because long term Bitcoin accumulation is what prepare your portfolio for bull market which can come at anytime.
When it comes to losing it all depends on the accurate calculation and analysis of the market taking into consideration the various variable that suggests to what extent we can base our risk and also making sure to be an advantage whenever we open a buy position.


Because Bitcoin accumulation is best done by, buying low because that is what position the investor for posible profits in the long run.

Nobody wants to lose money when they invest in cryptocurrencies, which is the most important part of the process. I've never been interested in any other cryptocurrency save bitcoin since I've seen a lot of people buy bitcoin, hold it for a while, and then sell it for a profit. Although there are times when the bitcoin market crashes, this is not the case with other cryptocurrencies, where you risk losing money if you invest in a shit coin.
I didn't mean to imply that no one should invest in anything else from bitcoin; rather, I would advise every novice investor to concentrate on bitcoin rather than any other cryptocurrency because bitcoin has a promising future and it is very difficult to lose money while investing in bitcoin.

Congratulations on your success in investing in Bitcoin. It's great to hear someone's success story. After getting success in investing in bitcoins you buy some more bitcoins which is a very good decision for you. Because you have developed a positive mindset. And you decide to invest in more bitcoins in the future.
In the current market price context you should be patient for a while. Because the Bitcoin market is going down gradually.  So investing in Bitcoin at this time is likely to result in some losses. So be patient and invest more when the market is normal. And I wish you success once again by investing for the first time.

This is a good opportunity that you grab the chance to make an accumulation of a bitcoin I guess as soon as the halving comes it's a good chance to get the profit for the next halving, are you trying to buy every time it dips and waits for the ATH or it's just for a short term investment, we know how does the market volatility work, Its good if you have a chart of it so we can check at the same time your progress and the other members if they want to get ride of it they can check it out by themselves.

I don't really see how this thread is a fit for Reputation since it's just a discussion about Bitcoin in general and even if it's a personal story, it's basically related to Bitcoin. If the thread wasn't a fit for this section, it would have already been moved to the related section by now by an admin I'm sure, and if that hasn't been done, it means this is the correct place for this thread.

To OP, you are lucky to be among the people who got the opportunity to invest in Bitcoin when it was pretty low last year, and what I admire the most is your decision to not invest in altcoins and to keep your money safe. It's better to just have your money in stablecoins than investing in altcoins, especially the new ones.

But let us consider that before OP started to succeed in bitcoin, for sure everything started from a scratch, just like anyone else. The big difference is that OP is just determined to succeed in bitcoin because he has faith and high hopes that he will make it big with bitcoin. While others experience losses and eventually quit, OP chose to pursue his goal and now everything paid off.

Since June of last year, when its price dropped to around $18,000, it appears that you have started to accumulate Bitcoin. It was a smart strategy because real hodlers, who don't give a damn about the price of BTC but keep buying it and amass more and more possession, start to lose patience when there's blood on the streets and people claim that the asset has died and nobody is interested in it anymore. If you're a long-term hodler, this is a great approach to be a good hodler and start making money in a short period of time. But yet, congratulations and best wishes for success on your future endeavors.

Buying btc at lows and at certain intervals are 2 very different criterias. If you bought in when BTC was falling last year, and you are in profit this year, then this thread makes sense. However, with good stories comes bad ones too, so someone's profit is someone's loss. You are lucky to buy it at lows and be confident about your investment, keep it up and keep buying btc in smaller parts after setting some prices reaching where you can buy more.

OP, why don't you move this thread to reputation? I mean, the follow-up discussion in your thread seems to be about the success of the trip on the forums instead of the general or specific knowledge discussion about bitcoin. I appreciate your valuable journey on the forums, it's definitely something to be proud of.

So since the discussion in the thread has led to your success then I think my suggestion of moving the thread to reputation makes sense.

I believe when you buy bitcoin and hold it for years, it will certainly bring significant profits on you knowing bitcoin’s value is most likely seen to increase in price rather than to see it depreciating in value. Though altcoins are somehow profitable too, but you cannot make an assurance as to how long they will stay profitable. That’s why if you are hodling altcoins, always be alert to sell when it’s peak price has attained before it’s price decline and lose your expected profits in the end.

Having such success in a single year is great, considering the last year has been terrible, it's even better to think about how you have gone high and did well. I know that many people ended up not believing it could be done ,so this is a proof that it can be done. As long as you keep buying when it is low and you end up selling when it goes up (or even holding) that means you are going to be in profit.

Too many people avoid that simple mindset and they try to get rich quick and those people are the ones that are losing at this moment. If you do not do that and if you end up focusing on just the long term and the fact that it crashes sometimes so you can buy and for you to sell, then I would guess that it would be a better profit for you in a year.

It shouldn't be a surprise to see your name mentioned here as that I take their contribution seriously and have followed some of their footsteps to become a Bitcoin maximalist, as I have said earlier most of the names mention including yours are those that have mentored me from afar till thos very moment, most of those people were not aware or have any connection or interaction of any form before now.
Just as it's flattering to you so it will be to most of those that will get the noticifacotion of the mentioning here in this thread.


All the same, thank you for all the contributions you made here in the forum, and I am among one those who have read something helpful from you here on bitcointalk.

Just depends on how you would define or give meaning to the qord success. On my end, I do think that there will always be room for improvement; a continuous process of learning. Profit won't determine weather you are successful in this industry or not, but rather your viewpoint of how would this technology be used in the future.The idea of continuously buying Bitcoin is more likely because of the fact that the market value have increased that much with regards to its last All time high. People are just more confident of how high will its value reach, which also means money ofcourse.

You have gained financial knowledge from this forum, and it is regularly encouraged to keep buying bitcoins consistently so far you can afford to buy without really minding if the prices are up or down, so I am not surprised that that is the action you are taking. Also what is making you not to care much also is because you have experienced success already and you are personally convinced by your success so far that you will be more successful with just some little more effort and investment.

You're a Bitcoin Maximalist then. Kidding

I guess there's no more better advice that anybody can give here with regards to which coin you should invest your money aside from focusing onto Bitcoin. The fact that you've timed the market perfectly by accumulating during the bear market is the best way to approach it. There are some investors who are waiting, and waiting, and waiting, until the price of Bitcoin went up already and they ended up not investing at all. As for you, you took the risk, you've shown your trust into Bitcoin, and invested during the bear market like many of us did.

Like you, I'm also investing into Bitcoin as well. More than half of my total crypto portfolio is already in Bitcoin, and I will still continue to buy, and wait until the bull market comes. If I may ask, is there a chance that you would've invest into some altcoin, and if yes, what altcoin?

I've seen this yesterday, and at the time that I want to sleep until the time I woke up, I'm still thinking.. why did my name included in the list of all the experts here? I mean these names are very popular, and has shared lots of knowledges here. I just don't know why my name is there. Kidding aside, maybe you've mistakenly put my name out of those experts out there, but it's very flattering that my name is included. 

Anyway, maybe there are some of my posts that helped you in anyway possible, and I'm more than happy to know that even though I'm just an average user here.

I have to agree that most of the success stories from bitcoin and crypto mostly came on this forum, and though it is also arguable, we cannot deny the fact that most of the earners came here. If we talk about journey on bitcoin, there is no other forum or platform you can freely talk without fully disclosing yourself aside from here. It's just another feeling knowing that some of those success stories came from somewhere you know you are welcomed and belonged to.

It is good to be proud of your achievements, but try not to share all the details of your trip and the amount you collected. For example, saying that you managed to collect 5BTC is good, but it will make hackers focus on your account and how to steal money from you, so try to reduce the information you provide about yourself and your successes.

You can share the change you made in the community with the money you collected from the forum and how you contributed to spreading the Bitcoin culture in your surroundings.

Investing in shitcoins as a game of chance, if you know what you are doing and are willing to accept losses, then you can try your luck, if you are lucky, you can retire early, for their profits are really huge. But if you don't have too much money, no experience but always want to get rich quickly with shitcoin, it's just a waste of your time. I've also seen a few people change their lives by investing in shitcoins, but as I said, there aren't many like that, and most of them are losers and losers. This life needs effort and hard work to be successful, can't rely on luck, because it's not for everyone.

Op not everyone knows your Bitcoin journey story in the forum even at that time of the year when you were hustling to earn more.

Op from my understanding of your thread, your Bitcoin journey started in the forum, and all your earnings are from the forum signature campaign and not from outside purchase. We thank God for your successful journey  of yours in the forum. But remember that it is now that your bitcoin journey gets started, so you have to put more effort on it.