I agree especially with mk4 and Despairo comments. The only thing I would add is that focusing on 2023 is too short-sighted, and more so considering what Bitcoin is. We will most likely close this year in the positive, but there doesn't have to be a huge price increase either. Just if we closed at $20 on December 31, there would have been a positive return.
OP, do some research on what Bitcoin is and you will see that it is worth HODL for at least one cycle, if not two, although you can take advantage of times like this to buy more and bull market times to make partial sales.
Topic: How profitable it is possible to invest in bitcoins in the new year 2023. - page 5. (Read 784 times)
January 08, 2023, 11:07:04 PM
January 08, 2023, 11:04:38 PM
I am interested in investing but I don't have that much experience in investing and am not able to gain good knowledge by doing research. I saw the Bitcoin market was very dumping in late 2022. But now in 2023 the market is increasing again little by little. I am very interested to invest right now if I get the help of a good investor then I will invest in this market. I am looking for a good experienced person advice for bitcoin investment. So that I can profit from investing Bitcoin wealth in 2023. Can't get much idea about the market. How should I start investing right now, should I start with a small amount of money or should I start with a lot of money?
I want to explain in simple terms by showing you a picture of the direct exchange. Experience is definitely needed here because the more experienced one is with cryptocurrency the more successful one can invest. The market reached an all-time high of $69k in 2021. From there, Luna and FTX fell out of the market, moving the market to 15k.
Now the current market is just above 17.2K dollars. In such a situation, if the market can be at a high speed now, then it will definitely increase. You can invest in Bitcoins with confidence. I recommend you to invest in Bitcoin.
Investing in Bitcoin must be done for the long term. I think the current time is the perfect time to invest in Bitcoin.
January 08, 2023, 10:58:10 PM
@OP it seems you're don't understand about Bitcoin, it's better to not invest Bitcoin ASAP and try to learn it before, because if you only looking to make quick profit from Bitcoin, you will say Bitcoin is scam when Bitcoin price is lower than your initial investment.
You need to answer few questions before you want to invest in Bitcoin:
1. What's the reason I choose Bitcoin over stock, gold, fiat, real estate, shitcoins etc.
2. How much money you can afford to lose if Bitcoin price fall to zero?
3. Why you need to rely on someone that self pro claimed experienced Bitcoin investor or trader, are you never get scammed?
You need to answer few questions before you want to invest in Bitcoin:
1. What's the reason I choose Bitcoin over stock, gold, fiat, real estate, shitcoins etc.
2. How much money you can afford to lose if Bitcoin price fall to zero?
3. Why you need to rely on someone that self pro claimed experienced Bitcoin investor or trader, are you never get scammed?
-snip-
Resize your images please, no need to quote a whole images. 
January 08, 2023, 10:50:55 PM
If you can't make your own investment decisions, then you're really off to a bad start. If you're not willing to put in your own effort, use the money for something else you're interested in instead.
January 08, 2023, 10:37:39 PM
I'd say this is a pretty good time to start buying Bitcoin. If you're new, just DCA it and you'll be fine. The price is pretty low, and it may get even lower, but with time BTC will regain its power. And you'll learn how to act in a bear market. It would be harder to start buying it at ATH and then see it drop by 50% or even more.
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January 08, 2023, 10:25:15 PM
This year is still a good year to invest in bitcoin as the price has not increased very much and is still under $20k. You can use this time to start investing and you must have time to stop investing in bitcoin, especially when the price is already very high. You can use the DCA strategy, where you buy lots of bitcoins at low prices with a certain amount of money, which will help you collect more bitcoins. By regularly buying bitcoins at the current low price, you can have a lot of bitcoins and sell them when the price is very high in the future.
January 08, 2023, 10:19:27 PM
You can have loss if you invest in Bitcoin only one year, in 2023 only for example.
If you invest in Bitcoin longer, in a few years, you will have profitable investment.
Yearly candles chart: No 2 years of loses.
ROI charts are good for 5 years investment.
2023 can be a same year like 2019. Profitable maybe.
If you invest in Bitcoin longer, in a few years, you will have profitable investment.
Yearly candles chart: No 2 years of loses.
ROI charts are good for 5 years investment.
ROI charts
I made screenshot from 10-year to 1-year charts.
The longer time you hold bitcoins, the better ROI you will get. If you look at 5-year, 10-year, no other investment can compare with Bitcoin.
I made screenshot from 10-year to 1-year charts.
The longer time you hold bitcoins, the better ROI you will get. If you look at 5-year, 10-year, no other investment can compare with Bitcoin.
2023 can be a same year like 2019. Profitable maybe.
January 08, 2023, 09:38:35 PM
I am interested in investing but I don't have that much experience in investing and am not able to gain good knowledge by doing research. I saw the Bitcoin market was very dumping in late 2022. But now in 2023 the market is increasing again little by little. I am very interested to invest right now if I get the help of a good investor then I will invest in this market. I am looking for a good experienced person advice for bitcoin investment. So that I can profit from investing Bitcoin wealth in 2023. Can't get much idea about the market. How should I start investing right now, should I start with a small amount of money or should I start with a lot of money?
I want to explain in simple terms by showing you a picture of the direct exchange. Experience is definitely needed here because the more experienced one is with cryptocurrency the more successful one can invest. The market reached an all-time high of $69k in 2021. From there, Luna and FTX fell out of the market, moving the market to 15k.
Now the current market is just above 17.2K dollars. In such a situation, if the market can be at a high speed now, then it will definitely increase. You can invest in Bitcoins with confidence. I recommend you to invest in Bitcoin.
Investing in Bitcoin must be done for the long term. I think the current time is the perfect time to invest in Bitcoin.
January 08, 2023, 09:36:30 PM
I am interested in investing but I don't have that much experience in investing and am not able to gain good knowledge by doing research. I saw the Bitcoin market was very dumping in late 2022. But now in 2023 the market is increasing again little by little. I am very interested to invest right now if I get the help of a good investor then I will invest in this market. I am looking for a good experienced person advice for bitcoin investment. So that I can profit from investing Bitcoin wealth in 2023. Can't get much idea about the market. How should I start investing right now, should I start with a small amount of money or should I start with a lot of money? Those who have good knowledge about investment will definitely help me in this regard.
Graph of the Bitcoin market right now.
Welcome if you are new to cryptocurrency. If you think you have less idea about investment then I suggest you to get better idea about investment first. You will get a good idea about this on various social media. No matter where you invest, if you don't have a good idea about investments, you can face losses by investing. According to many experts, there is a possibility that the Bitcoin market will be very good in 2024. Since the market is very bearish now, if you get some idea about the investment and hold it for a little longer time, then maybe you can get some good profit from this investment in the future. Graph of the Bitcoin market right now.
January 08, 2023, 09:09:00 PM
first of all welcome to Crypto world 
Do you like watching youtube ? if so there is a channel on youtube called https://www.youtube.com/@WhiteboardCrypto/videos is explains almost everything in the crypto space and uses animation so it will be easier to understand.
Sometimes I still learn new things from it
Having little knowledge is important before investing
Do you like watching youtube ? if so there is a channel on youtube called https://www.youtube.com/@WhiteboardCrypto/videos is explains almost everything in the crypto space and uses animation so it will be easier to understand.
Sometimes I still learn new things from it
Having little knowledge is important before investing
January 08, 2023, 08:52:55 PM
I am interested in investing but I don't have that much experience in investing and am not able to gain good knowledge by doing research. I saw the Bitcoin market was very dumping in late 2022. But now in 2023 the market is increasing again little by little. I am very interested to invest right now if I get the help of a good investor then I will invest in this market. I am looking for a good experienced person advice for bitcoin investment. So that I can profit from investing Bitcoin wealth in 2023. Can't get much idea about the market. How should I start investing right now, should I start with a small amount of money or should I start with a lot of money? Those who have good knowledge about investment will definitely help me in this regard.
Graph of the Bitcoin market right now.
Graph of the Bitcoin market right now.
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