How much money can you make by investing in Bitcoin? - page 7.

Renampun

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Quote from: Learn Crypto on October 20, 2023, 07:30:21 AM

Bitcoin is one of the most popular and in-demand coins in the cryptocurrency market. Many are investing on this Bitcoin and even many are investing. When Bitcoin was created, the price of this coin was very low and gradually as time passed, the demand and price of this coin increased. I wish that I invest bitcoins but unfortunately I don't have any bitcoins and don't know how to acquire it. Is investing in Bitcoin easy or complicated? Is it possible to achieve success by investing in Bitcoin? The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.

If you only have one source of income and don't have any extra money then I suggest you think more deeply about whether you really want to invest all your money in Bitcoin, however, the people who make profits from Bitcoin are those who buy at low prices and sell at high prices, usually you will have difficulty holding for the long term if you use the only money you have to invest in bitcoin and if you have a stable income, you should use DCA to invest in bitcoin.

Salahmu

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OP Knowing how much you could make from investing on Bitcoin is not actually certain but however we should remove the mindset of how much is to be made by investing on Bitcoin, I no that every objective or goals of investment is to make a profit but one of things we most no is that Bitcoin investment is not a get rich quick were you invest and expect a huge returns immediately.

One of the factors that affect most people is that they are more passion for profits without knowing the ups and downs in the Bitcoin, however if your purpose is to make a certain amount of money within a certain period in Bitcoin I will strongly advice you to think twice because the market is very volatile and the chances of getting a particular amounts within a certain time is not guaranteed, so the best way is to hold for a long time.

Just like every other investment, it has to do with patients and the only way to enjoy your Bitcoin investment is by holding it for long and at last you will no how potential Bitcoin is.

freedomgo

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Quote from: Learn Crypto on October 20, 2023, 07:30:21 AM

Bitcoin is one of the most popular and in-demand coins in the cryptocurrency market. Many are investing on this Bitcoin and even many are investing. When Bitcoin was created, the price of this coin was very low and gradually as time passed, the demand and price of this coin increased.

It was quite low and almost seemed worthless in its early stages. Unfortunately, we missed the opportunity, but that's just a part of life. What's important now is that you're aware that Bitcoin can be a good investment. If you want to gain more knowledge about its price history, you are free to check it out.

Just click all, so you'll see its price history. https://coinmarketcap.com/currencies/bitcoin/

Quote from: Learn Crypto on October 20, 2023, 07:30:21 AM

I wish that I invest bitcoins but unfortunately I don't have any bitcoins and don't know how to acquire it.

You need fiat currency to acquire it through trading; you don't require Bitcoin to obtain Bitcoin. There are alternative methods to acquire it; you can work for it. Regarding the type of work, you can keep yourself occupied searching for online jobs that offer payment in Bitcoin. With sufficient effort, you are likely to find such opportunities.

Quote from: Learn Crypto on October 20, 2023, 07:30:21 AM

Is investing in Bitcoin easy or complicated?

Yes if you don't educate yourself. Watching youtube videos that explains about bitcoin is already enough for newbies.

Quote from: Learn Crypto on October 20, 2023, 07:30:21 AM

Is it possible to achieve success by investing in Bitcoin? The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.

Yes, there are investors who have already achieved significant success. Just remember that Bitcoin was worth less than a dollar, and now it's almost $30,000. That, in itself, is a remarkable success. Some early investors have greatly benefited from their wise decisions.

AicecreaME

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The profit you could make in the long run will depend in your skills, because if you're good, you know when to buy to maximize the profit you can make in the long run, you also know when to sell your Bitcoin holdings.

What's gonna matter also is your funds, that is also a big factor when investing in cryptocurrency, the bigger funds you invest, the bigger the profit you could have in the long run if you're not gonna mess up your DCA. It's not complicated, you only need 2 things, money and a reputable bitcoin wallet.

libert19

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Profit depends on how much and when you make your purchase, . Although, everyone expects Bitcoin to go up only (As in sooner or later), speculation remains speculation, do not invest what you can not afford to lose.

Regarding where to purchase, I'm sure every country has their own local crypto exchanges otherwise get to reputed exchange like Binance and make purchase.

lombok

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Quote from: Solosanz on October 20, 2023, 07:56:14 AM

If you ask how much I can make, I can't answer it since I'm not yet sell my coins.
If you ask how much I have make, $0.

My purpose to invest in Bitcoin is for long term, so during bull season I might sell some of my coins and hold it in stable coin and then buy Bitcoin again during bear season. I'm not sell it because I want to enjoy my earnings, but it's for investing more Bitcoin.

And I would dare to say that you will be very rich when you sell all your BTC holdings later. You are a reflection of a real BTC investment.

Quote from: Learn Crypto on October 20, 2023, 07:30:21 AM

Is investing in Bitcoin easy or complicated? Is it possible to achieve success by investing in Bitcoin? The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.

I think bitcoin is very global, accessing it is also very easy. Many exchanges provide P2P services, you can make purchases through them. A little advice if you want to invest in BTC, keep your BTC in your personal wallet and don't store a certain amount of BTC on an exchange for the security of your investment.

Income from BTC investment depends on how much BTC you have. Buying at low prices and selling at high prices also has a big influence on profits.

Nwada001

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I guess the right question should be, How
How much time are you willing to wait, and how much of your money are you also willing to risk? What kind of decision-maker are you? Can you be able to overcome all sorts of bearish news and wait for the right time?

If you can invest a significant amount of money in bitcoin at the right time and are also willing to hold those bitcoins for a long period of time, then your reward and profit will be based on how much time you hold them and how much the price will be when you are willing to sell them multiplied by the amount that you have invested. So how much you can make is based on the time you are willing to hold them and how much you have also invested in them.

Hamza2424

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Quote from: Learn Crypto on October 20, 2023, 07:30:21 AM

Bitcoin is one of the most popular and in-demand coins in the cryptocurrency market. Many are investing on this Bitcoin and even many are investing. When Bitcoin was created, the price of this coin was very low and gradually as time passed, the demand and price of this coin increased. I wish that I invest bitcoins but unfortunately I don't have any bitcoins and don't know how to acquire it. Is investing in Bitcoin easy or complicated? Is it possible to achieve success by investing in Bitcoin? The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.

Buddy, it's really dependent on your thoughts whether your journey is going to be a successful one or not. Investing in bitcoin is not a big deal what matters here is making that investment secures, directly pointing to securing your funds in a good wallet (Self Custodial).

You are new here most welcome, please try to focus on reading and learning about Bitcoin & wallets it will take time you can go through the video tutorials or you can directly read the already created topics, and discussion. To buy Bitcoin you need to choose between the centralized platform or P2P trade, where you can easily buy the Bitcoin after that your primary motive should be to secure that investment.

You can be successful in the Bitcoin journey, all you need is consistency and patience and keep learning with any medium about Bitcoin and crypto market, Keep in mind Bitcoin is not a fortnight rich investment approach, In risk market investment Bitcoin is an undervalued growing asset class. You can make good returns on your investment on the end if you stay consistent and connected with eh amrket.

stompix

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Quote from: Learn Crypto on October 20, 2023, 07:30:21 AM

Is investing in Bitcoin easy or complicated? Is it possible to achieve success by investing in Bitcoin? The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.

It's about 100 times easier than merit farming!

Quote from: Learn Crypto on October 20, 2023, 07:30:21 AM

I don't have any bitcoins and don't know how to acquire it.

So let me get this right:
You don't own a single satoshi
You don't know how to even buy some satoshi
Yet despite the above you at no point have asked how to buy Bitcoins or help in acquiring it but went straight to the money making!

Quote from: Coin_trader on October 20, 2023, 07:45:26 AM

Bitcoin investment is very easy and straightforward. Just buy and hold!

Just like a perpetuum mobile, right? Grin

_act_

legendary

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Quote from: Solosanz on October 20, 2023, 07:56:14 AM

If you ask how much I can make, I can't answer it since I'm not yet sell my coins.
If you ask how much I have make, $0.

The first mistake I did was that I invested in bitcoin when the price was $16500 but I sold it at $17000. I later invested in bitcoin at $23000 and I sold it at $25000 but its price increased to $30000. I invested at $26500 recently and I sold at $30000 today. Maybe I am more of a swing trader. I am surprised that you invested and not make any profit yet, what price did you invested in it? Or you said that because you have not sold your coins?

Solosanz

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If you ask how much I can make, I can't answer it since I'm not yet sell my coins.
If you ask how much I have make, $0.

My purpose to invest in Bitcoin is for long term, so during bull season I might sell some of my coins and hold it in stable coin and then buy Bitcoin again during bear season. I'm not sell it because I want to enjoy my earnings, but it's for investing more Bitcoin.

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Quote from: Learn Crypto on October 20, 2023, 07:30:21 AM

When Bitcoin was created, the price of this coin was very low and gradually as time passed, the demand and price of this coin increased. I wish that I invest bitcoins but unfortunately I don't have any bitcoins and don't know how to acquire it.

There’s always a perfect price entry in regards with Bitcoin investment because Bitcoin usually have a major pullback on price after hitting the peak price so you can still invest on a very fair price even if you are just new on Bitcoin. The 67K price peak is your ceiling price which means anything below it is a steal because Bitcoin price always beat the ATH during bullrun. You should focus on accumulating and increasing your Bitcoin quantity instead of looking the price in fiat.

You can acquire it through mining or buying it on exchange using fiat. I believe buying it is your best choice since you can instantly hold Bitcoin and be one of Bitcoin holders by using your fiat money that is infested by inflation.

Quote from: Learn Crypto on October 20, 2023, 07:30:21 AM

Is investing in Bitcoin easy or complicated? Is it possible to achieve success by investing in Bitcoin? The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.

Bitcoin investment is very easy and straightforward. Just buy and hold! Many of us here become very successful by just believing on Bitcoin earlier and hold onto it until the ATH.

You can earn on Bitcoin by buying low and selling high.

Hatchy

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Quote from: Learn Crypto on October 20, 2023, 07:30:21 AM

Bitcoin is one of the most popular and in-demand coins in the cryptocurrency market. Many are investing on this Bitcoin and even many are investing. When Bitcoin was created, the price of this coin was very low and gradually as time passed, the demand and price of this coin increased. I wish that I invest bitcoins but unfortunately I don't have any bitcoins and don't know how to acquire it. Is investing in Bitcoin easy or complicated? Is it possible to achieve success by investing in Bitcoin? The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.

*Investing in Bitcoin is very easy mate, all that matters is how you are able to secure your funds.

*You can acquire Bitcoin using exchanges that supports p2p like binance or kucoin.

* you can earn from bitcoin by hodling for a long period of time. Just as most people now are waiting for the next bull run to occur, and during this period the price of Bitcoin hits it's all time time, making them profits from the original capital they invested.
Some people also go for trading, but It not usually advisable for newbies as trading comes with risk and if one is not experienced you end up loosing your funds. If you want to go into trading, you've got to read and understand how it all works.

Learn Crypto

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Bitcoin is one of the most popular and in-demand coins in the cryptocurrency market. Many are investing on this Bitcoin and even many are investing. When Bitcoin was created, the price of this coin was very low and gradually as time passed, the demand and price of this coin increased. I wish that I invest bitcoins but unfortunately I don't have any bitcoins and don't know how to acquire it. Is investing in Bitcoin easy or complicated? Is it possible to achieve success by investing in Bitcoin? The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.

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