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Topic: I am now a Bitcoin investor - page 4. (Read 732 times)

member
Activity: 392
Merit: 31
April 08, 2023, 08:38:40 PM
#58
investing in bitcoin with a small amount of money is actually not a problem if it is for your first purchase of btc, and now you will feel the sensation of investing in btc.

to be honest, this is a good start for you because at this time the price of btc can still be said to be cheap.
my advice is that you have to be strong to hold your btc until you get big profits,
and you can sell your btc when the btc price has gone up high or you can call it a bull run.

welcome to this forum and good luck with your investment.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
April 08, 2023, 06:19:03 PM
#57
I recently purchased 0.0045 Bitcoins which is still present in my trust wallet I believe with me owning a fraction of the worlds Bitcoin although a very tiny fraction in practical I am now a crypto currency investor  in essence a Bitcoin investor
Well, first, let me say a big Congratulations to you on bitcoin a crypto investor and a bitcoin holder in particular.

If you intend holding this bitcoin for a long period of time, then my advice to you is to choose another wallet, trust wallet is a non-custodial wallet quite alright, but it's not an open source project..

Best wallet apps to hold crypto currencies are wallets apps that are non-custodial and also open source..
And to offer a suggestion, I will advice you go for wallet like Mycelium wallet,  exodus and a host of others, I currently use mycelium and its a great crypto wallet, the app is available on both Android and ios app stores.
Goodluck.
hero member
Activity: 2870
Merit: 574
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April 08, 2023, 05:21:00 PM
#56
I recently purchased 0.0045 Bitcoins which is still present in my trust wallet I believe with me owning a fraction of the worlds Bitcoin although a very tiny fraction in practical I am now a crypto currency investor  in essence a Bitcoin investor
Congratulations on your investment and I hope you can continue with your next investment.
Investing in bitcoins requires patience because we cannot see the results right away and it takes time but it will work well and give you the desired results.
Even if you have a small portion of bitcoins, you still have plenty of time to buy more bitcoins and that means you have to make the most of your time to be able to collect more bitcoins.
Many people are still buying bitcoin at the current price because they believe that the price of bitcoin will increase very high and provide them with big profits.
hero member
Activity: 1036
Merit: 933
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April 08, 2023, 01:32:03 PM
#55
I recently purchased 0.0045 Bitcoins which is still present in my trust wallet I believe with me owning a fraction of the worlds Bitcoin although a very tiny fraction in practical I am now a crypto currency investor  in essence a Bitcoin investor
Welcome to the Crypto world and also in the Bitcointalk forum. And I am glad to see that you choose btc for your investment and also appreciate your feelings It's not really that big of a deal but I understand your feelings,
I also had a good initial feeling when I made my bitcoin investment but I used a centralized exchanger then, I see you didn't do that and chose a none-custodial wallet for investment which is a very good move. Still I would suggest you to purchase a hardware wallet, it will provide more protection for your funds, being an offline wallet you don't face phishing and hacking easily.
I would also suggest to you increase your investment through good DCA (Dollar-cost averaging) management. And of course, the investment should be for long-term investment.
However, it's important to remember that cryptocurrency markets can be highly volatile, and the importance of Bitcoin can fluctuate rapidly. Therefore, it's always a good idea to research and seek advice from financial professionals before making investment decisions.
And I agree with you on this point, but I think the op will have no problem with this investment unless he holds for the long term, especially at the current price he bought it is also definitely a good DIP. But I will also tell him to go through learning because many times some peoples make mistakes by not selling in bull-run also, so there is no alternative of learning to avoid all particulars. And this forum is a perfect place to learn about bitcoin and cryptocurrency.
hero member
Activity: 1022
Merit: 642
Magic
April 08, 2023, 12:56:00 PM
#54
Very nice that you took the step to invest in bitcoin and I hope the timing will be good for you. What you can do is to educate yourself about bitcoin and especially how to secure your coins properly. Also there are many bounty options especially here in this forum to get more coins for zero investment.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
April 08, 2023, 12:52:25 PM
#53
Congratulations to you on that, since you consider it a very big thing, I believe you have waited long for this moment and must have put together the money that you used in achieving this with hardships probably and it wasn't actually easy for you to purchase Bitcoins initially, and considering that, I will surely give you a piece of advice that you should follow.

Keeping your Bitcoins in Trust Wallet is not a good thing. The reason for that is that you don't have access to the private key of the Bitcoin wallet that stores your Bitcoins in Trust Wallet, and that is a bad thing, you will know it later. For now, since it isn't a really big amount, I would suggest you download the Electrum wallet either on your phone or PC, or laptop. Create a wallet, generate a receiving address, and send your Bitcoins there. Make sure you keep your private key and seed phrase somewhere very safe.
sr. member
Activity: 700
Merit: 380
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April 08, 2023, 11:09:33 AM
#52
Congratulations as you are a new bitcoin investor. you join the Bitcoin investment with only as much money as you can afford. First investment is always a lot of joy for everyone.Wish your investment success. But you don't stop at this investment, if you want to move forward in the future, you must focus on more investments. and keep increasing your amount of money gradually from small amount then you can become a successful investor in future.
sr. member
Activity: 616
Merit: 306
Rollbit.com
April 08, 2023, 09:34:42 AM
#51
your bitcoin amount is 0.0045 it seems to be around 125 dollars if you cash it out at the current bitcoin price...
i think this is a good start.
and hopefully in the future you can add to your btc and buy gradually using the dca system.

and the time now is a good moment to hold btc while buying btc every time there is a downturn.

I wish you success with your investment.
copper member
Activity: 2968
Merit: 575
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April 08, 2023, 08:58:21 AM
#50
Its good that you have started to invest in Bitcoin. Just make sure you know the risks involved. Learn as much as you can about the market. Holding onto your Bitcoin for the long term can be a good strategy since historically, it has shown significant gains over time. If you see the price crashing, don't end up selling. Also make sure to keep your wallet secure and backed up to avoid losing your funds. Remember, it's always a good idea to invest what you can afford, even if it's a small amount. Every little bit adds up over time. Good luck on your crypto adventure!
hero member
Activity: 3052
Merit: 651
April 08, 2023, 06:25:35 AM
#49
Congratulations to you then. But please don't stop there. Accumulating more is the best idea and how you will keep it in the long run. There will be fluctuations that will happen, and demons will come asking you to sell. Don't do it unless you are a trader. As an investor, it will also test how strong your hands will be. Weak hands will sell and regret later. You don't want to be a part of that group because I am and now, I am regretting those moments that I sold my coins.
sr. member
Activity: 1960
Merit: 273
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April 08, 2023, 06:24:08 AM
#48
I recently purchased 0.0045 Bitcoins which is still present in my trust wallet I believe with me owning a fraction of the worlds Bitcoin although a very tiny fraction in practical I am now a crypto currency investor  in essence a Bitcoin investor
I hope you are consistent to hold your Bitcoin. it's not easy but if you are a beginner. more of them fail to hold for many reasons.
you have started, even with a small nominal, you can collect Bitcoin consistently. and finally in a long time you will have a fairly large accumulation of Bitcoin assets.
simply believe that the Bitcoin that you have will be profitable for you. so even if the market is down, you can still have faith in your Bitcoin will grow back.
hero member
Activity: 994
Merit: 1089
April 08, 2023, 06:21:45 AM
#47
I recently purchased 0.0045 Bitcoins which is still present in my trust wallet I believe with me owning a fraction of the worlds Bitcoin although a very tiny fraction in practical I am now a crypto currency investor  in essence a Bitcoin investor
I believe you'll buy more in the future, 0.0045 is not so much right now, but look, if that's what you can afford to lose, or you plan on buying small amounts in this way, it is still a good way to go. Don't only be a BTC investor, learn about BTC and how to store it in open source and self custody wallets, Electrum is so well recommended here and you can try it, just download it from the official site and make sure you back up your seed phrase. Your funds may be small now, but you need to secure it, it could grow higher later on, and you may also continue to buy more using dollar cost averaging. But please do not start threads everytime to tell us when you buy BTC, it is not necessary, and you can be targeted.
sr. member
Activity: 2184
Merit: 251
SOL.BIOKRIPT.COM
April 08, 2023, 06:17:54 AM
#46
I recently purchased 0.0045 Bitcoins which is still present in my trust wallet I believe with me owning a fraction of the worlds Bitcoin although a very tiny fraction in practical I am now a crypto currency investor  in essence a Bitcoin investor

Yeah, keep accumulating buddy until the next bull run ends and sell your nice profit. If you consider holding your Bitcoin for a very long time then you should get a hardware wallet like trezor to make sure your funds are save as long as you keep the hardware. Or if you consider getting some altcoins in your portfolio so you won't put all your funds in one basket.
sr. member
Activity: 1820
Merit: 418
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April 08, 2023, 06:12:55 AM
#45
I recently purchased 0.0045 Bitcoins which is still present in my trust wallet I believe with me owning a fraction of the worlds Bitcoin although a very tiny fraction in practical I am now a crypto currency investor  in essence a Bitcoin investor

Yes, owning 0.0045 Bitcoins means owning a small fraction of the total number of Bitcoins in circulation. As a Bitcoin investor, you can earn a profit if the value of Bitcoin increases over time. However, it's important to remember that cryptocurrency markets can be highly volatile, and the importance of Bitcoin can fluctuate rapidly. Therefore, it's always a good idea to research and seek advice from financial professionals before making investment decisions.
legendary
Activity: 1176
Merit: 1005
crunck
April 08, 2023, 03:24:26 AM
#44
I recently purchased 0.0045 Bitcoins which is still present in my trust wallet I believe with me owning a fraction of the worlds Bitcoin although a very tiny fraction in practical I am now a crypto currency investor  in essence a Bitcoin investor
Thank you for investing in Bitcoin. You have invested a very valuable coin. Although the amount is small, you still have a large amount. That's why you can be proud of your investment. You keep this investment for a long time. Surely you will see success very soon. But of course one thing you should always remember is to keep the seed phrase of your investment wallet very safe. No one can hack your wallet phase.

He just invested more than 100 USD in bitcoin, even if bitcoin hits 200,000, that amount won't make him successful anytime soon. It can be said that bitcoin will give a good return on his initial capital, but it cannot help him succeed.

OP, Bitcoin is a very good investment, you need to earn more to invest more in bitcoin if you want a better life. Bitcoin has helped many people change their lives, and that opportunity is still available to you.
sr. member
Activity: 1386
Merit: 451
April 08, 2023, 12:20:07 AM
#43
I recently purchased 0.0045 Bitcoins which is still present in my trust wallet I believe with me owning a fraction of the worlds Bitcoin although a very tiny fraction in practical I am now a crypto currency investor  in essence a Bitcoin investor
Thank you for investing in Bitcoin. You have invested a very valuable coin. Although the amount is small, you still have a large amount. That's why you can be proud of your investment. You keep this investment for a long time. Surely you will see success very soon. But of course one thing you should always remember is to keep the seed phrase of your investment wallet very safe. No one can hack your wallet phase.
full member
Activity: 1834
Merit: 166
April 08, 2023, 12:02:38 AM
#42
I recently purchased 0.0045 Bitcoins which is still present in my trust wallet I believe with me owning a fraction of the worlds Bitcoin although a very tiny fraction in practical I am now a crypto currency investor  in essence a Bitcoin investor
You have selected the right coin for investment and at this time also you have invested about $125 in it which is good.So if you plan to hold it long term you will eventually gain profits on your investment.You need to face lot of tough times also so be prepared for it like some dips or FUD but you should be practical about this approach and keep holding your coins.So congratulations to you on entering this new world and next step towards decentralisation of funds.
member
Activity: 364
Merit: 33
April 07, 2023, 11:38:20 PM
#41
your bitcoin investment I think will make you more motivated in the future. Since you are a new investor, try to hold Bitcoin for a long period of time. It's great for you that you got into Bitcoin investing with whatever you could afford. You can invest in Bitcoin with more of your money if you want. Investing in Bitcoin will never risk your money. The current market position is a good time to invest. I think it won't be long before the Bitcoin price goes into a bull market and Bitcoin will grow a lot in the future.
legendary
Activity: 2576
Merit: 1043
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April 07, 2023, 10:22:50 PM
#40
I recently purchased 0.0045 Bitcoins which is still present in my trust wallet I believe with me owning a fraction of the worlds Bitcoin although a very tiny fraction in practical I am now a crypto currency investor  in essence a Bitcoin investor
I know the feeling when you bought your Bitcoin for the first time.
I can also feel the excitement from you because I also felt that way when I bought Bitcoin for the first time around 5 years ago.

You did your first step towards your crypto journey. Now maybe it's time to lock the thread now. It's good that you bought Bitcoin, but it wasn't necessary to create a thread against it. If this trend will continue, more and more users here will post their own threads regarding this one, and at the same time, we don't know if these are true or just a made-up so that they can just create their own thread.

Congratulations, I guess, but lock the thread now. Smiley Focus on learning more.
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
April 07, 2023, 09:31:34 PM
#39
I recently purchased 0.0045 Bitcoins which is still present in my trust wallet I believe with me owning a fraction of the worlds Bitcoin although a very tiny fraction in practical I am now a crypto currency investor  in essence a Bitcoin investor
I advise you to continue to buy bitcoins while the bitcoin price is still below $28k. And even though later the bitcoin price can go up to above $ 30k and still below $ 40k, you can still buy it and keep it.



What if the price is over 40k$ or 50k$? Should we buy when bitcoin hits that price? In my opinion, bitcoin is an investment that always pays off in the long run, so buy bitcoin whenever you have the money. You should give a target you will sell, and based on that, you will buy bitcoin, as long as the price is still lower than the price you sell and make a profit, then do not hesitate to buy.
Now we will see $40k, or $50k price is high, but I believe when the bull season comes again, and bitcoin crosses $100k or $200k, we won't stand a chance to see bitcoins costing $40k more. So buy bitcoin when you can.
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