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Topic: I bought my first 500 us dollars Bitcoin! (Read 579 times)

brand new
Activity: 0
Merit: 0
Do you want to learn how to invest in crypto currency in 2021 this is the newest guide click here  https://stfly.me/oC03n
hero member
Activity: 2128
Merit: 520
I have a question, did you sell your Bitcoins when the market was heavily bearish?
My advice is that if you haven't sold it, keep holding it as we all know that Bitcoin is an asset that is more suitable for long-term holding than for trading. Especially for newbies who often do not have a good enough mentality to hold an asset with high volatility like Bitcoin, crypto.

Hopefully de won't do that after purchasing his first portion of   bitcoin, The market still red but it's trying to

move upward a little, if you can hold it for lnger time frame your investment will give you very decent profits.

Though it may take some time, a week or another month very possible but if you are aiming for decent profits

best to wait and hold.
full member
Activity: 532
Merit: 104
I have a question, did you sell your Bitcoins when the market was heavily bearish?
My advice is that if you haven't sold it, keep holding it as we all know that Bitcoin is an asset that is more suitable for long-term holding than for trading. Especially for newbies who often do not have a good enough mentality to hold an asset with high volatility like Bitcoin, crypto.
sr. member
Activity: 485
Merit: 274
And your $500 is now worth $400.  Sorry.
sr. member
Activity: 1694
Merit: 299
So happy with dip that I could buy this dip because of him!! I am sorry guys if you lost some % on your BTC but this was good for a poor person like me.
Congrats mate. It’s nice that you’re taking this opportunity and I know you’re not going to be regretting the decision you took later, because I strongly believe that there is still going to more increase. As long as you’re ready to have patience, the market never stops going up, even with downtrends, you have to understand that it is not the end. After going down the price is still going to get back up. That’s a sure thing.

So, always try to have patience. And apart from having patience you should also learn to be doing your research/analysis, because that’s going to help you understand the market better, so that you don’t make mistakes.
full member
Activity: 452
Merit: 101
Buy bitcoin as early as we can and become early bitcoin adopters is very big advantage. Even if you only hold your btc and don't do anything you will gain profit from the increasing price caused by it's deflation. I really hope that there is someone that have enough experience in bitcoin market help you, so you know when is the good time to enter the market and when is the good time to take profit. I think taking position in trading is a crucial thing.
jr. member
Activity: 37
Merit: 3
After seeing your post, I bought Bitcoins worth $1300. This is my first ever investment! Let's see what happens until Dec 2021. Fingers crossed!
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
Well congratulations on your first $500 Bitcoin investment,
And good thing you know where to invest and hope that you could make it grow.
I hope you wouldn't be blinded by greed and turn it all into Doge when it gets another tweet from Elon  Grin .
As a newbie, I think that this person is going to be prone to temptation when the prices aren't seem favorable to OP. I hope that it will not be the case but I don't have the high hopes that OP will have a strong hands, especially now that the prices are plummeting.
full member
Activity: 532
Merit: 102
I don't know if we are at the bottom right now. I hope so and after that bitcoin starts to rise. Otherwise, we may encounter a damage that will not recover for months.
sr. member
Activity: 2618
Merit: 439
So happy with dip that I could buy this dip because of him!! I am sorry guys if you lost some % on your BTC but this was good for a poor person like me.
If you have waited more hours then you might Get more cheaper value for Bitcoin , today it even fall down to 39,000 level compared to 47k yesterday.

500 dollars that were invested in the best way.
Yeah if we will contribute 500$ each for Bitcoin then for sure price will increase too mush in the next years
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
The best thing to do right now is to keep investing a small amount of your spare money in bitcoin or other well known altcoins. Maybe try Ethereum. You won't be disspointed.

I will not recommend spending your money on altcoins right now. Because whenever we have a bearish phase with Bitcoin, it has been noticed that the altcoins go down even more. And I am expecting a bloodbath in the altcoin market, because during the last few months most of the altcoins have gone up much beyond their fair valuation. The bubble has to be burst, sooner or later. If you want to accumulate, then do that during the correction phase and not right now when the valuations are inflated.
newbie
Activity: 23
Merit: 0
Yeah. Thanks for reminding me of my $100 worth BTC purchase on the range of 60k.
jr. member
Activity: 64
Merit: 1
We don't lose if we don't sell! My btc dumped in USD terms but i still have the same amount of sats. Grats on your first purchase & welcome!
member
Activity: 154
Merit: 11
God I can’t wait intill I am 18 so I can buy but just stuck just mining it for now
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
Well that kicks a good start because finally you have made ot through doing engagement investing with Bitcoin. Nicely done for the success you have made purchasing your 500 US dollars worth of Bitcoin. It is a good start after all it does not really matter how much you are getting start with. The important thing is how you handle and manage making profit out of it along the journey you will take because that will matter with regards to what will be the future of that Bitcoin purchase you have made if you will let it have a chance to grow up even further and other stuffs.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
So happy with dip that I could buy this dip because of him!! I am sorry guys if you lost some % on your BTC but this was good for a poor person like me.
Sadly people don't realize its an opportunity to buy more. And no one lost anything. Only those who sold, made a loss. Others who are holding, still owns the same amount of coins they had. Your $500 investment today can change your life after a decade.
The best thing to do right now is to keep investing a small amount of your spare money in bitcoin or other well known altcoins. Maybe try Ethereum. You won't be disspointed.
legendary
Activity: 2338
Merit: 1084
zknodes.org
the first purchase is really impressive, especially if you are buying bitcoin at a low price for now.

You are already doing a better step by investing in bitcoin. If you are sure you can hold it and sell it at the target you specify. currently bitcoin is a dump and this is a good opportunity to buy it. Maybe the $ 500 money will be more with the benefits that can be obtained from Bitcoin.
full member
Activity: 490
Merit: 101
FRX: Ferocious Alpha
Well, if this is true, then we should congratulate you on a successful investment. I just hope it wasn't the only Bitcoin! I bought a coin when it was worth more than 10 thousand and sold it in 2017 at the beginning of the fall above 20 thousand. I also made a profit, but compared to yours, as I understand it, it's just ridiculous! )) In general, sometimes it seems to me that even at these moments we are only at the very beginning of the rise in demand and the price of bitcoin, and perhaps it is worth buying it in spite of the relatively high price.
sr. member
Activity: 1610
Merit: 264
So happy with dip that I could buy this dip because of him!! I am sorry guys if you lost some % on your BTC but this was good for a poor person like me.
Nah. We're gucci. Some would call it losses, while I call it an opportunity to buy more and you're the one that took the opportunity to buy one.
Also don't call yourself poor for that as there ain't minimum nor lowest buy to get yourself BTC. Invest when you have the means to do so. Smiley
full member
Activity: 333
Merit: 100
Yes.. You bought in right time.  But keep it for long term. Now market is going uptrend. Most of the countries are looking about crypto. Many companies already using digital currencies as their payment method. So It will be a better investment.
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