Topic: How much money can you make by investing in Bitcoin? - page 6. (Read 959 times)

How don't you know how to acquired Bitcoin when you're basically saying investing, multiple times in your post. You can acquire Bitcoin by buying or working and getting paid in Bitcoin. Buying is the most popular since you can buy the amount you can afford and there isn't many employers that'll be willing to pay you in Bitcoin if it isn't a job relating to the cryptocurency industry. Many of us missed buying Bitcoin when it was cheaper but we don't have to make same mistakes against as the price will only keep increasing. It'll have some correction but for the long term, the price of Bitcoin will be higher than it currently is because of the law of demand and supply. The more Bitcoin gets popular and gains global acceptance, the higher the price of Bitcoin can climb because more investors will be introduced into the market while the supply of Bitcoin remains fix at 21 million.


Investing in Bitcoin isn't complicated, it's the easiest asset to Invest into and that's why we have a lot of amateur inventors in the market. If investing in Bitcoin was complicated Bitcoin won't have achieved all it has achieved in the short period of its existence. You can earn in various ways when you invest in Bitcoin like capital gains which you make when you buy, hodl then sell. You can also earn from trading Bitcoin but this isn't advisable if you don't have the experience on trading although if you're willing and dedicate some time to learning, you can learn how to trade and be making profits from doing so but the most profitable and reliable ways of earning form Bitcoin is buying and holding. In regards to the amount of money you can make from investing in Bitcoin, there's no fixed amount since investing in Bitcoin isn't a ponzi scheme that promise you a fixed ROI.

At least OP did not start by saying I heard about Bitcoin from a friend and or a colleague who told you that I can gain success by investing in Bitcoin just like how other newbies say. OP the truth is investing in Bitcoin can get you up to the sky and as well bring you so down to the bottom. Since you do not have any money yet to invest in Bitcoin then you should take your time to learn about Bitcoin and contribute what you've learned so far here. That alone will get you merited and increase your rank. Before you know it you will be well grounded when it comes to Bitcoin and when you start earning good money you can start your Bitcoin investment. Dont worry its not too late or too early to start investing, even as the process of learning might seems to take some time, you can still invest in Bitcoin anytime anyway.

Another thing is, no one could predict or conclude on how much he/she can make and profit in Bitcoin investment as this depends on the amount of investment and the price of Bitcoin at the time of selling. But unfortunately most persons here are holding for long. With time you will get to understand the reason why they dont sell and make choices on how you  want to go about your own investment.

Correct. Bitcoin is a popular coin and the king of coins.

Correct. Because people are slowly starting to know the advantages of Bitcoin when comparing it with other coins that have recently appeared in the crypto space.

You need to remember that investing in Bitcoin will not make you rich in the near future.
The easiest way to get Bitcoin is by buying. Another way to get Bitcoin is through mining.
Investing in Bitcoin is not complicated. After you have done the steps to get Bitcoin, save it in a trusted wallet. My suggestion is to use Electrum wallet and hardware wallet for long term storage.

Very likely. As long as you are willing to do it in the long term.

Return of price by a large multiple of the purchase price.
If you ask how to earn income to invest in Bitcoin, you have to work.

It’s a loaded question & there are too many variables to give a good answer.

• How much is X investing?
• How long is X willing to sit on his investment?
• Will X panic sell when we enter bear market?
• When during a typical cycle is X buying?

To sum it up, it’s widely accepted that if you buy & HODL for over 5-6 years you will make great profits, probably exceeding anything traditional stocks/savings gives you.

Ofcourse it's really possible to make alot out of your investment on BTC...
All you gotta do is buy and HODL, then wait patiently for ATHs where you can sell and cashback profits.

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for your subject topic, it's Impossible to predict what you're gonna be having as your profits - being profitable Isn't even guaranteed... It all depends on your ability to predict and follow the market trend.

Sandra 🧑‍🦰

I would say the most important one.

I see that you are well informed about the bitcoin, despite the fact that you are a beginner.

Why write such platitudes on this forum? Did you really want to surprise with this information?

What are you saying? But it was already beginning to seem to me that you understood something in the bitcoin.

You don't need bitcoin to invest in bitcoin. For this you need money.

If you want to invest in bitcoin, then what are you waiting for? Go ahead, but first, study this issue carefully.

Any “problem” or question seems easy if you know the “solution” or answer to it.

Please take the time to read the necessary information on this forum first. All your questions will find answers on the bitcointalk.

It all depends on what you understand by the word “success”.

Any income from investing is obtained after the sale of the “subject” of investment, in this case a bitcoin. Investing doesn't last forever. At one moment a sale occurs and at that moment the investor receives that very “earnings”. 

This depends on your investment as a whole.

When I first started my BTC journey way back in 2017, the price of 1 BTC was equivalent to around $4,000. At that point, I thought its price was going to stay at that range. A few months passed and it skyrocketed to $19,000 where it reached an ATH for that year. When that happened, I knew that this was something that everything should take advantage of.

To your answer your question, your profit is proportional to the investments that you made. But be reminded that even if you invest money in BTC, there is still no absolute guarantee that you would profit in the end- so invest on your own risk!

Let me ask, is it that you don't have money to invest in bitcoin or you don't know how to invest in bitcoin? If you don't have money to invest, then it's understandable, but if you have money and you can't acquire bitcoin, then I will say you are not serious. If you can create a thread on this forum, then you will be able to buy bitcoin. If you need knowledge on how to buy bitcoin, then a lot of people are here who are going to guide you. Also, you don't need a lot of funds before you can invest in bitcoin, you can do that even with a small amount, and if you have a job, you can use even a small percentage of your salary to invest in bitcoin.

I don't see anything complicated in bitcoin investment, it's something everyone should be able to do. Just have a mobile phone and access to an internet connection, and that's all. You can easily get all the necessary help you need on the forum here, and you can also search for some information on Google.

A lot of people have achieved success through bitcoin investment, if you invest also, you will also achieve it, but you have to follow rule's to avoid losing your bitcoin. You have to be prepaid to hold for a long time. Don't invest in bitcoin, and be expecting a reward in a short time. Keep in mind that bitcoin investment is not a get-rich-quick investment scheme.

You can just buy bitcoin and hold. If the bitcoin price is increasing, you should know that the amount you invested will be increasing as well, but if bitcoin is dumping, then the amount that you invested will also be reducing.

I can't tell you how long you should hold your bitcoin, but the only thing I can tell you is that you have to be prepared to hold it for a long time, and whenever you are satisfied with the profit, you can decide to sell.

Another post from you. Well, I will say, that you don't need bitcoins to invest in bitcoins; you need money to invest in bitcoins. I mean, you have to buy USDT from your local currency, and then you can buy BTC. Or you can also buy BTC directly or use any other currency other than USDT. It's all based on your choice.

And investing in BTC is not complicated; once you get the funds, you can easily buy BTC. If you think you cannot do P2P directly, then you can ask your local community members (from OGz), who will definitely assist you. The buying procedure can also be learned from YouTube. And if you are asking how to make investments in BTC, that can generate you a good profit. Then that's based on the type of investment you are making.

There are two types of investments: trading and holding. In trading, you make trades on a daily, weekly, or monthly basis, while in holding, you hold your assets for more than 2 or 5 years. This time is different for almost every dude. And in my sight, the holding time is the one, which is 4+ years. You have to find yours and to find it, you need a purpose for holding. My purpose is halving and the ATH event, so I will be holding till then.

The question is not how much money we can earn by investing in Bitcoin. The question should be how much can we afford to invest in Bitcoin and for how long are we ready to leave the fund to grow. Bitcoin investment is not a get rich scheme and some people would always ask to know how often they can make money from Bitcoin investment. We need to know how long we can hold Bitcoin and the amount we can invest because this will help us to make a proper plan that will determine whether we are fit to invest or not.

There arf people that are very emotional and can't hold there investments for too long because of market volatility. Volatility of the market is what majorly make se persons to lose money in the market since they will be panicking whether to keep holding or sell there own hold and leave the market in loses.

If you're asking this question, then you'll need to do a good amount of studying.

* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Security related:
* https://chainsec.io
* https://www.lopp.net/bitcoin-information/security.html

If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters



Asking if you can achieve success by investing in bitcoin is like asking if you can be successful by starting a business. How good will you actually be?

Amazing right? I expected the op to end at a better place than there after he gave such precise detail about Bitcoin that we obviously didn't know about, but asking about the benefits of investing in Bitcoin was way below expectations. The question sure looks like what a newbie who's too lazy to research will ask but the starting lines sounded like someone who knew a thing or two.

First of all, make your research on what you're investing so you know what you're dealing with; its pros and cons and how to deal with the risks( cause it sure has a lot).
Second, decide on how much you want to use, because as a volatile coin, one ought to use an amount he can afford to lose.
- look for a good cryptocurrency exchange and buy some, then hold..
If you are in a haste to start making profit, then you should first of all understand the dynamics of trading. If you're not feeling so patient you can be a spot trader and sell your Bitcoin but it doesn't assure much profit, unlike when you buy and hold till probably after the bull run then sell.


 

Unfortunately, huge capital investing in bitcoin will earn huge profitable and on the contrary with small capital earn small profitable with bitcoin investment. Depend on how much your capital want to invest in bitcoin regarding if you have $10k fund and use invested in bitcoin when raising up above 5% you will earn profit $500. Its simple when counting with how much profitable in bitcoin depend with how much capital having to invest, but don't in pressure condition with small capital still ability for investing in bitcoin and earn much profit later with long term investment strategies.
Small fund is better with long term holding and never adopt as short term trading to earn much profit, but excited with capital above $10k until $20k for investing in bitcoin when under 5% bitcoin up we can earn profit above $500.

Investing is easy but not sure the term achieved you mean profit gains? Its quite hard to say since bitcoin is volatile and theres a chance to go down than your entry price. But if btc continue to pump in the long term then youll make a lot of profits if you trust it so much. Theres a lot of ways to earn bitcoin especially here on forum but thats only a privilege for signature campaign and forum contributor accepted on such campaigns. Also some from services like translation and signature design amd many more.

It is complicated if all you have in mind is getting rich quick, and easy if you know how and where to buy, where to keep it, operational security, and most of all if you know what exactly Bitcoin is.

You want to achieve success in something you do not understand, what sort of logic is that; change your perspective about Bitcoin and start asking the right questions, in order for you to learn about the network; if all you simply want to do is gamble your money in crypto, then maybe you should be looking in the direction of altcoins.

Acquiring Bitcoin is very easy if you have the money you want to invest in Bitcoin; but put it in mind that long term Bitcoin investment is more profitable than short term Bitcoin investment, that is why you are expected to invest the amount you can afford to lose and the money you don't have it use anytime soon so that you can not sell your Bitcoin under pressure.

P2P method is the easiest and secure way to buy your Bitcoin, but you can as well use any centralize or decentralize exchange to buy your Bitcoin but you need a Bitcoin wallet like electrum to keep your Bitcoin.
Use kycnot.me to check recommended exchanges you can buy Bitcoin from.

Investing in Bitcoin is very easy, you can achieve success through long term Bitcoin investment.

You know the journey and you should also take advantage of it for yourself. Otherwise bitcoin will not provide any benefits for you although though for other people bitcoin is one of the best at the moment.

To get bitcoin is very easy and there are many exchanges that trade it, there is no hassle once you know it and it is impossible for those of you who know this forum not to know how to buy bitcoin. Of course you and anyone will be successful in investing in bitcoin, if you do it the right way because it is impossible for you to suffer a loss if you know how to invest correctly. The way to make a profit on bitcoin is also very simple, sell at a price that is higher than the initial purchase capital or what is called selling and buying.

But if you apply a long-term strategy then all you need to do is wait for the ATH to arrive because when that happens you will get big profits. Don't forget to remember one thing, investment will produce profits according to the capital you invest and don't dream of getting big profits with small capital. If you don't have much capital then use the DCA pattern as many people do to continue accumulating bitcoins regularly.

It depends actually. It seems you are one of my countrymates. Living in this country and buying Bitcoin publicly is not possible. But you can still buy Bitcoin from several locals from the Bangladesh thread. Post there and you will find someone.

It depends on how you invest. If you buy high and sell low, you won't be able to make money from Bitcoin.

If you don't want to trade, the easiest way is to buy Bitcoin and hold it until your Bitcoin worth a your desired price.

Investing in bitcoin is very easy and not complicated, maybe as a beginner at first it will be complicated and not understand the whole but believe if you continue to learn it will be very easy if you invest and are ready for it.

Achieving success in bitcoin is very possible if it is long-term, but you can also fail if you sell at a low price of course not making a profit.

You should not leave your main job [real job] the rest of the time you can invest or can look for a side job, bitcoin is for the long term so you have to be from all finances.

Of course investing in bitcoins is easy, you can earn bitcoins very easily from here, just long term holding. Currently most people are waiting for the next bull market which is coming very soon. If you invest in bitcoins now, you can earn a lot of money later, that is, you can earn bitcoins. Again it is possible to earn bitcoins by trading, but it is the highest risk. Better not to do this for beginners. First you do a lot of research and gain knowledge about trading then you can earn bitcoins by trading.