I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
First of all congratulations on investing in Bitcoin. I appreciate your investment you have invested 0.1186 BTC which is a good amount. OP, I would suggest you collect bitcoins in a good secure wallet. However, the $30000 you expect is not possible in my opinion. Many believe Bitcoin could hit $100k -$150k in this upcoming bull run. However, it is possible if you can hold your investment for long time. So you need to hold your investment for a long time. Did you collect your bitcoins with the DCA method? According to me you better invest as per your capacity in DCA method and hold for long time. 
Topic: I finally accumulated 0.1 bitcoin!! (Read 865 times)
Quote from: Krishna1942
That is good, how you accumulated that amount by buying or in another way. Hope you will get some profit from it in future. But not as you expected because that is very high. My opinion is bitcoin gives good returns in future.
You can accumulate Bitcoin easily through this three steps, You can accumulate Bitcoin through purchasing from the market and hold for long term before you can trade to achieve income. You can also accumulate Bitcoin through signature campaign in this community which many users has used to make their dream to come to reality today, and you can also accumulate Bitcoin through mining which is very common among some users who are good in technology. For him or her to accumulate huge amount of Bitcoin, I think he or she will definitely hold them for long years to make a good income when he or she release them for sale.
^
Yeah, just like we have a new all time high prior to the halving, that is a diverge from the cycle that we have seen before (new all time high after the halving).
And probably this is what disrupt the current cycle as it has been months after the halving and so far we haven't seen a huge spike in the price. Nevertheless, we still have the last quarter of this year to see how everything wil go for us.
But in any case, we should continue to accumulate and then hope that we will still hit that 6 digit mark as others have been expecting in this current cycle.
We can't say yet if history has changed or won't repeat itself but with ETFs being approved and bitcoin hitting ATH before the halving, we shouldn't ignore these small changes.
One more thing, I also asked this question during the 2022 bear season, will history always repeat itself as more and more people become aware and wait for it to happen? If everyone buys bitcoin during the bear season and waits for the bull season (4 year cycle) to sell, who will buy at the high price?
I'm not saying bull season will never come but I wouldn't be surprised if this cycle changes. I mean it could come sooner or later. We need to take that scenario into account and plan accordingly instead of being complacent and believing that things will always repeat themselves. That's why I say we should have a long term investment plan of more than 4 years and don't speculate after halving thinking the price will always increase after that.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
I appreciate your investment since you managed to deposit a good fraction of bitcoins in your wallet. It looks really interesting that since you deposited 0.1186448 BTC, you must hold this investment for a long time. If you can hold on to your investment, then there is definitely a possibility of double profit when the market goes to the maximum height. But the road map you followed is $30,000 dollars I think it is not possible, because you need to accumulate more bitcoins only then you can make such capital profit. Moreover, you can get profit in this fraction too if you can hold more time when bitcoin price will be more ATH.
That is good, how you accumulated that amount by buying or in another way. Hope you will get some profit from it in future. But not as you expected because that is very high. My opinion is bitcoin gives good returns in future.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Congrats 🎉
Don't worry too much about potential profits, otherwise you might end shooting yourself in the foot by panic-selling.
:://:::
There is no guarantee that bitcoin will always repeat its cycle in the future, even this time, so don't rush to affirm that or speculate in the hope that history will always repeat itself. In my opinion, we should have a longer term vision than just focusing on the 4 year cycle. Try to accumulate bitcoins whenever possible and hold as long as possible until you reach your goals. Because I believe that even if the 4 year cycle disappears, bitcoin will still grow in the long term.
I still hope history repeats itself because it will be easier to make profits then but I don't think the market will be this easy forever. Nothing lasts forever, everything changes with time. We need to take that scenario into account instead of assuming that history will always repeat itself.
There is no guarantee that bitcoin will always repeat its cycle in the future, even this time, so don't rush to affirm that or speculate in the hope that history will always repeat itself. In my opinion, we should have a longer term vision than just focusing on the 4 year cycle. Try to accumulate bitcoins whenever possible and hold as long as possible until you reach your goals. Because I believe that even if the 4 year cycle disappears, bitcoin will still grow in the long term.
I still hope history repeats itself because it will be easier to make profits then but I don't think the market will be this easy forever. Nothing lasts forever, everything changes with time. We need to take that scenario into account instead of assuming that history will always repeat itself.
Man, that's my opinion, that's what I can think of to say, to him, not to you, that is, you're defending someone who hasn't asked you, on the other hand you end up wanting to be the professor on the subject and what you promulgate you don't do, where is your advice to tell a third party what to do with their money, if that doesn't seem silly to you, okay, but it's not right.
Then if he thinks well what to do, he breaks it down in his OP and explains it, he exposes it so we can debate, but at this point in the game doing what OP did is a complete nonsense, that's my opinion, but it's not a point of view, it's common sense.
First of, congratulations!
What was your starting point, and how did you get to that amount?
What was your starting point, and how did you get to that amount?
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
You are 20 years old, and you have an accumulated amount of Bitcoin, which is not bad after all. That's why I don't know what your intention is—why you are broadcasting here on the forum that you have that amount of BTC.
If the price of Bitcoin increases by 5 times this bull run that we are facing right now, you will achieve that; we just don't know if that will actually happen this bull season. So next time don't announce bitcoin that you have, because it used to be for others, and most of you are just bragging. Others will always think, What do they care if you have Bitcoin, right? Just keep it to yourself if you have BTC in your wallet; that's better.
Congratulations on your achievement. This fit is very commendable you know and I must say it took you lots of efforts and commitment to achieve such fit. This volume you have accumulated is a huge amount of money in my country so I know what I mean when I tell you achieved a good fit. Anyways, there is no amount or volume that is not achievable if you deem it fit to do so. I believe you started with commitment to do so and you have a plan you sticked to which helped you achieved such fit. If you can stick to it, you could be able to achieve much more than you already did now. Looking at the way you were able to achieve this, I could tell you have an alternative source of income which you were focused with while accumulating bitcoin for your savings. This is quiet impressive for a man at your age because I know must young guys at such age do not think of savings or investing but rather lavishing and other things that would take away their money is all what they care about.
You have done well, congratulations ones again.
You have done well, congratulations ones again.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Bitcoin is a store of value and it's price will keep increasing into the future so the possibility of your getting high returns on investment is very possible. I don't know what you can make in this circle but what I know for sure is that we're going to see a new ATH before the start of bear run. So what I can advise you is to continue to accumulate as much Bitcoin as you can before the peak of bull run which has not happened yet. You're young so you can adopt the DCA method and look beyond this circle to increase your ROI in future circles. You should be careful about how you disclose the amount of Bitcoin that you hold, you could be a target of scammers and robbers.
Firstly congratulations on reaching a milestone that’s important to you. Secondly, I would love you to make $30,000 in unrealised gains because that would mean Bitcoin would be over $300,000 per coin. I doubt it though, I have been losing confidence that we will have a crazy, parabolic bull run due to the flat price action of the last 6 months. I think maybe Bitcoin will go to $150,000 so your 0.1 Bitcoin will go to $15,000. If you hold long term you will make $300,000 for sure but within a year maybe not.
Congratulation. You are still young but you can accumulated 0.1186448 BTC. That will not easy to accumulate that amount but you did it and that proves you that other people can do the same as you. Although we have different amount to use to accumulate Bitcoin, but we have the same chance to have more Bitcoin. Nothing is impossible so you can make that amount in the next ATH but you must continue what you did so you will have more Bitcoin than that amount. You still have more time to accumulate more and more so you don't have to stop right now especially the price now is not yet increase. But you must not worry and still manage patience because we don't know when Bitcoin price increase.
This is a "free" example, i.e. advertising what not to do, I have so many bitcoins, how much can I earn? The answer is you don't need to tell me how much you accumulate or how much you want to earn.
If it's a forum, blah, blah, but good practice makes perfect, oh, look at the price tomorrow on CMC (e.g.), anyway, you will know your profit. : l
If it's a forum, blah, blah, but good practice makes perfect, oh, look at the price tomorrow on CMC (e.g.), anyway, you will know your profit. : l
Even though I agree with you that one shouldn't disclose such things in public places or forums like this, I believe there is no harm in doing so as long as you are unknown to the readers and completely anonymous for anyone to be able to find you or cause any trouble. Taking this forum as an example, no one reading this post would know where OP is from or who he actually is unless there is a person who personally knows the guy and also knows what is his forum account but the odds of that happening are extremely low.
However, that being said, I do agree with the fact that a person shouldn't talk about having or owning cryptocurrencies or any sort of wealth in public because we have seen such things creating problems for people. Many people were attacked or robbed after making such mistakes in the past.
It is okay to reveal how many bitcoins we own on social media or on this forum but as long as we can ensure privacy and be sure that no one knows us then it is not too serious. Ask the OP if he has had any trouble since he made his bitcoins public on this forum? I guess nothing will happen to him so we don't need to complicate things any further.
We should just focus on what he asks, we don't need to teach him how to use money properly or store assets when he doesn't ask. I believe that everyone knows how to keep their assets safe, just like how we protect our assets.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Answers have been provided to you, that you can't make up to $30k dollar as gains in this circle with $6k + invested in Bitcoin so far.Well, you are a 20-year-old young man who believes in Bitcoin; if you invest in Bitcoin in the next cycle with the said amount of $6k + during the bearish market, you can find yourself making $30k in the bull run of 2029. For now, keep hodling; you can add a DCA strategy to your Bitcoin investment for more profit to have in this circle.
However, for this cycle expect $15k-$17k as profit with the $6k+ amount you invested in Bitcoin, if Bitcoin should reach $120k-$150k in this circle
There is no guarantee that bitcoin will always repeat its cycle in the future, even this time, so don't rush to affirm that or speculate in the hope that history will always repeat itself. In my opinion, we should have a longer term vision than just focusing on the 4 year cycle. Try to accumulate bitcoins whenever possible and hold as long as possible until you reach your goals. Because I believe that even if the 4 year cycle disappears, bitcoin will still grow in the long term.
I still hope history repeats itself because it will be easier to make profits then but I don't think the market will be this easy forever. Nothing lasts forever, everything changes with time. We need to take that scenario into account instead of assuming that history will always repeat itself.
Yeah, just like we have a new all time high prior to the halving, that is a diverge from the cycle that we have seen before (new all time high after the halving).
And probably this is what disrupt the current cycle as it has been months after the halving and so far we haven't seen a huge spike in the price. Nevertheless, we still have the last quarter of this year to see how everything wil go for us.
But in any case, we should continue to accumulate and then hope that we will still hit that 6 digit mark as others have been expecting in this current cycle.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Answers have been provided to you, that you can't make up to $30k dollar as gains in this circle with $6k + invested in Bitcoin so far.Well, you are a 20-year-old young man who believes in Bitcoin; if you invest in Bitcoin in the next cycle with the said amount of $6k + during the bearish market, you can find yourself making $30k in the bull run of 2029. For now, keep hodling; you can add a DCA strategy to your Bitcoin investment for more profit to have in this circle.
However, for this cycle expect $15k-$17k as profit with the $6k+ amount you invested in Bitcoin, if Bitcoin should reach $120k-$150k in this circle
There is no guarantee that bitcoin will always repeat its cycle in the future, even this time, so don't rush to affirm that or speculate in the hope that history will always repeat itself. In my opinion, we should have a longer term vision than just focusing on the 4 year cycle. Try to accumulate bitcoins whenever possible and hold as long as possible until you reach your goals. Because I believe that even if the 4 year cycle disappears, bitcoin will still grow in the long term.
I still hope history repeats itself because it will be easier to make profits then but I don't think the market will be this easy forever. Nothing lasts forever, everything changes with time. We need to take that scenario into account instead of assuming that history will always repeat itself.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Answers have been provided to you, that you can't make up to $30k dollar as gains in this circle with $6k + invested in Bitcoin so far.Well, you are a 20-year-old young man who believes in Bitcoin; if you invest in Bitcoin in the next cycle with the said amount of $6k + during the bearish market, you can find yourself making $30k in the bull run of 2029. For now, keep hodling; you can add a DCA strategy to your Bitcoin investment for more profit to have in this circle.
However, for this cycle expect $15k-$17k as profit with the $6k+ amount you invested in Bitcoin, if Bitcoin should reach $120k-$150k in this circle
This is a "free" example, i.e. advertising what not to do, I have so many bitcoins, how much can I earn? The answer is you don't need to tell me how much you accumulate or how much you want to earn.
If it's a forum, blah, blah, but good practice makes perfect, oh, look at the price tomorrow on CMC (e.g.), anyway, you will know your profit. : l
If it's a forum, blah, blah, but good practice makes perfect, oh, look at the price tomorrow on CMC (e.g.), anyway, you will know your profit. : l
Even though I agree with you that one shouldn't disclose such things in public places or forums like this, I believe there is no harm in doing so as long as you are unknown to the readers and completely anonymous for anyone to be able to find you or cause any trouble. Taking this forum as an example, no one reading this post would know where OP is from or who he actually is unless there is a person who personally knows the guy and also knows what is his forum account but the odds of that happening are extremely low.
However, that being said, I do agree with the fact that a person shouldn't talk about having or owning cryptocurrencies or any sort of wealth in public because we have seen such things creating problems for people. Many people were attacked or robbed after making such mistakes in the past.
Now your next target should be 1 btc.
Yeah I dont think round figures should be the target but keeping a balanced inflow of bitcoin every few months should rather be a better target. You can be DCAing or buying the dip whenever it hits, but continue to accumulate and never settle with any amount of bitcoin, because the further it goes towards reducing its supply, the costlier it gets.Specific numbers would matter less than continuous accumulation, the point you stop accumulating is the point you lose. In fact we should be careful not to disclose these numbers explicitly on the net but only vague ranges when it comes to a public forum.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Congratulations for achieving a little success of Bitcoin. You are only 20 years old if you can hold bitcoins for the next 5 to 7 years and accumulate more bitcoins during this time then you may be able to reach your target very easily. Although everything will depend on the Bitcoin price and market conditions, a assumption based on previous Bitcoin price analysis is quite likely to happen.
I think those who believe and hold bitcoins until they reach their goals will reap the benefits of their long-term plans. There are many investors who after setting a target and after a period of time distract from their target at some point they get diverted which further increases their losses. You have completed a one of your dream and at this point if you versed in long term investment benefits then you can definitely move forward with your next target.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Congratulations to have reached this milestone, it is the amount that many would want to reach before the next bull run begins. It is uncertain what the future of bitcoin holds in this upcoming bull run but reaching that price you’re anticipating for could be possible or not depending on what the final market conditions will be at the end of the bull run. The market is still in the correction phase and many people will still take advantage of it by DCAing and if you’ve reached your target, you just wait for the market to do its thing now. Don’t think too much about it so that you don’t get disappointment if it never reaches your target in the future.
This is a "free" example, i.e. advertising what not to do, I have so many bitcoins, how much can I earn? The answer is you don't need to tell me how much you accumulate or how much you want to earn.
If it's a forum, blah, blah, but good practice makes perfect, oh, look at the price tomorrow on CMC (e.g.), anyway, you will know your profit. : l
If it's a forum, blah, blah, but good practice makes perfect, oh, look at the price tomorrow on CMC (e.g.), anyway, you will know your profit. : l
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Congrats 🎉
Don't worry too much about potential profits, otherwise you might end shooting yourself in the foot by panic-selling.
Congrats. That's lots of money in many parts of the world. Is it big enough to retire on? Probably not but not so long time ago people were saying the same thing for 5-10 btc too. Even if you are not planning to retire with that amount, it is still a nice amount which will come in handy in many situations. For example god forbid if you happen to have a health emergency, that $6k will save your life probably. Now your next target should be 1 btc. Once you get one piece, life will be much easier. Just don't get into a fight with captain Shanks or else you will departure divinely.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
wow, that's incredible! One question though, Did you accumulate by mining or by trading? The market is down and trying to get back up so I think there is every indication that your BTC will skyrocket in price in a few weeks to come so be patient.
That's really nice. You really don't have to wait for the price to increase and give you $30k, you can continue to keep investing till you have that much, and if you're lucky along the way and the price goes up, you can get even more than that. Good luck 👍
Yes this is a good suggestion, instead of waiting to get $30k profit from 0.1 bitcoin, and it will take a very long time the success rate is very small, it would be better to add to the coffers of bitcoin that you are currently storing and continue to invest long-term, if you want to get a good return, as an investor must be ready to take risks by holding longer and continuing to collect.And it would be better to use a DCA strategy that you will target whether to buy weekly or monthly, this will greatly help you to target your long-term holdings. As long as I invest in bitcoin, I get a lot of benefits, and you can also take advantage of this, the key is patience
I am glad you finally accumulated 0.1186448 BTC because that will not easy for some people to do that. If you wants to make a big profit, you must still accumulate more Bitcoin using DCA method. We don't know when you can make $30000 but when Bitcoin price rises, you will have that chance to make a big profit.
You can continue to accumulating as the price still not increase so high. We may see more correction coming so that will be your best chance to accumulate more Bitcoin. I hopes you don't panic when the correction comes but see that as a chance to buy Bitcoin at a low price.
Many people predicts that Bitcoin price can increase more than $100k so you still have an opportunity to buy more and more. The other suggestion is only use the money you can afford to lose in the Bitcoin investment.
You can continue to accumulating as the price still not increase so high. We may see more correction coming so that will be your best chance to accumulate more Bitcoin. I hopes you don't panic when the correction comes but see that as a chance to buy Bitcoin at a low price.
Many people predicts that Bitcoin price can increase more than $100k so you still have an opportunity to buy more and more. The other suggestion is only use the money you can afford to lose in the Bitcoin investment.
What you can make and what you would make nobody knows for sure.
Depending on your salary, which I assume you dont have at the moment considering your age, life can be tough. Still being able to accumulate 0.11+ BTC is a nice feat, but you did not clarify the time period it took you to do so.
I would say focus on your education at this stage, keep bitcoin as a side hustle.
Another thing, the price of bitcoin as it keeps going upwards, the compared price in USD will be so small that common man's earning will be a much smaller number in BTC. So dont take that "amount" to be big, you goal should be to start accumulating at every dip.
Depending on your salary, which I assume you dont have at the moment considering your age, life can be tough. Still being able to accumulate 0.11+ BTC is a nice feat, but you did not clarify the time period it took you to do so.
I would say focus on your education at this stage, keep bitcoin as a side hustle.
Another thing, the price of bitcoin as it keeps going upwards, the compared price in USD will be so small that common man's earning will be a much smaller number in BTC. So dont take that "amount" to be big, you goal should be to start accumulating at every dip.
Congratulations, but you are not supposed to openly reveal how much money you are holding in Bitcoin or in any other cryptocurrency, that is a thumb rule if you are a bitcoiner, by the way. You could be targeted by scammers and spear fishers, do not underestimate them.
Keeping that aside, With that amount of Bitcoin you should consider to get a hardware wallet or some kind of cold storage to keep your Satoshis, do your own research on it. It is worth it and I would help you to sleep tighter.
Keeping that aside, With that amount of Bitcoin you should consider to get a hardware wallet or some kind of cold storage to keep your Satoshis, do your own research on it. It is worth it and I would help you to sleep tighter.
That's really nice. You really don't have to wait for the price to increase and give you $30k, you can continue to keep investing till you have that much, and if you're lucky along the way and the price goes up, you can get even more than that. Good luck 👍
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
congrats but be careful with giving out too much information about yourself especially where you are from anyway $30k as profit alone would require bitcoin to go incredibly high for the cycle with your current amount of btc which might not be as realistic or doable however if you continue to buy more in cheap prices then there might be a chance you reach your target profit much quicker.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Right now your balance in BTC is worth 7029,04$ in dollar currency. To reach 30.000$, you need Bitcoin to make more than x4 its current price. It means Bitcoin has to value 253.000$ this bull run. For me it sounds unlikely, because it's just too expensive for Bitcoin to make that performance at once. Each new bull run Bitcoin grows slower compared to the previous one.The most optimistic predictions point on that direction, but I prefer to be more realistic about potential Bitcoin scenarios for the following months. You did a good job by accumulating that amount of BTC. You should continue saving as much as possible, while Bitcoin is still below 60.000$. The more you accumulate, closer you are going to reach to the 30.000$ holdings mark you are looking for.
I believe before you were able to reach this volume that you have accumulated, you did not just buy all at once; you were probably buying a little amount anytime that you had money to buy with, so I will advise you to continue with the same pattern and keep on accumulating and forget about how much what you are currently holding will be worth in the future.
If you can raise up to 0.2 to 0.3 btc, it will be easy for you to see $30,000 in the next bull run, even if it's not achieved in the coming bull run. There will be plenty of season if you continue holding on to that amount.
In my opinion, the advice you give to young people is quite good in this case, it seems that Op is still quite young, keep gathering as many friends as possible, remembering that your future is still quite long in this case, you can get a lot of things. more than what you mentioned above if you have the patience to hold it for a very long time.If you can raise up to 0.2 to 0.3 btc, it will be easy for you to see $30,000 in the next bull run, even if it's not achieved in the coming bull run. There will be plenty of season if you continue holding on to that amount.
Aside from that, they will also have more time than it will take for bitcoin to reach the exact price at which it can give them the kind of profit they need.
This will depend on your consistency, if you hold this amount without spending anything, naturally due to the appreciation it will reach the level of $30000 in BTC.
However, if you buy regularly using DCA you will reach this goal faster. Be aware of offers to multiply your Bitcoin, these are usually traps and you will certainly lose money, instead, worry about maintaining your security, research cold storage and good wallets, never leave your bitcoins online.
Worry about accumulating more SATs (fractions in BTC) than having more fiat currency, 'cause in addition to being closer to reaching your goal, with patience and consistency you will not only be able to reach your goal, but you will be surprised by the HODL power.
However, if you buy regularly using DCA you will reach this goal faster. Be aware of offers to multiply your Bitcoin, these are usually traps and you will certainly lose money, instead, worry about maintaining your security, research cold storage and good wallets, never leave your bitcoins online.
Worry about accumulating more SATs (fractions in BTC) than having more fiat currency, 'cause in addition to being closer to reaching your goal, with patience and consistency you will not only be able to reach your goal, but you will be surprised by the HODL power.
WOUW... It's great that a 20 year old man managed to accumulate 0.1+ BTC, of course we can't reach that number but we try to accumulate with small numbers.
Want to make $30,000? Why not continue with your previous investment? If with the bitcoin assets you have you want to get to $30,000 it is a bit difficult unless bitcoin is at a price of $200K more, this is still possible but our hope in the next cycle is at most $150K.
If you are still financially capable, then just keep investing.
Want to make $30,000? Why not continue with your previous investment? If with the bitcoin assets you have you want to get to $30,000 it is a bit difficult unless bitcoin is at a price of $200K more, this is still possible but our hope in the next cycle is at most $150K.
If you are still financially capable, then just keep investing.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
You know bitcoin can't be predicted which means you can't really tell what will be the gain you will make from your investment, but one thing you need to understand for sure is that if you continue to hodl this amount of Bitcoin that you have currently with you and you will l surely make good profit. One of the problems people have always with their investment is trying to predict the price of bitcoin in in a short time. 
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
You know bitcoin can't be predicted which means you can't really tell what will be the gain you will make from your investment, but one thing you need to understand for sure is that if you continue to hodl this amount of Bitcoin that you have currently with you and you will l surely make good profit. One of the problems people have always with their investment is trying to predict the price of bitcoin in in a short time. 
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
I believe before you were able to reach this volume that you have accumulated, you did not just buy all at once; you were probably buying a little amount anytime that you had money to buy with, so I will advise you to continue with the same pattern and keep on accumulating and forget about how much what you are currently holding will be worth in the future.If you can raise up to 0.2 to 0.3 btc, it will be easy for you to see $30,000 in the next bull run, even if it's not achieved in the coming bull run. There will be plenty of season if you continue holding on to that amount.
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You might be able to make a 100% profit on your investment if Bitcoin surges above $100k before the bear market starts. If Bitcoin doesn't get above $100k, you cannot even see a 100% profit that is far from the $30k you are aspiring for, or did you mean to say $3k? $3k is possible.
With your current accumulated Bitcoin, it will require Bitcoin to reach $300k+ before you can only expect such a profit, and you don't know the year that Bitcoin will get to $300k. If you want to access such a huge profit in the short term, then you need to double your investment and keep accumulating more Bitcoin. Good luck.
With your current accumulated Bitcoin, it will require Bitcoin to reach $300k+ before you can only expect such a profit, and you don't know the year that Bitcoin will get to $300k. If you want to access such a huge profit in the short term, then you need to double your investment and keep accumulating more Bitcoin. Good luck.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
That's a great achievement. Kudos to you. But it currently only represents a bit more than $6000 actually, then reaching $30000 would represent a +400% increase, that's not possible unfortunatelyCurrently that amount should be about $6k+ with current price @58,600 so you can achieve $30k when the price of bitcoin reaches $255k.
It is impossible to have bitcoin price at this rate of $255K this year considering the OP asking if he could hit a specific target of $30000 this year.
It is on probability for bitcoin bull run to happen this year to begin with and whether the bull run happens this year or not, it is impossible to hit about 4X of the previous bull run ATH at the rate of $69K.
We already have a current ATH of $73K and that margin of $255K would be impossible to hope for imthe Op to achieve $30K out his current $6K + at the current price of bitcoin at $58K +. So putting it straight to the OP, assuming bitcoin current price is $58K as per said, the Op will only be possible to achieve that $30K target if he can hold until bitcoin price reaches around $290K and then he can make his $30 out of his $6K current holding which approximately he would have to hold for about 5 years ahead. Although bitcoin isa volatile currency and so, the price values is most to be considered but there is no just way to meet that target this year or nearest unless to hold untill not less than two circle bull runs in time.
My exaggeration or predictions as it maybe is based on if we have to reach new ATHs within the ranges of 2X of the a recent past ATH.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Bitcoin price keep increasing now, even price reach another ATH say @ 75k, you will get only around 9k, you keep accumulating in fast paced. But if you will depend on current market price with that amount, its impossible to reach that goal in the current cycle. Maybe in the next 2 years, who knows lmao. 
This looks like a verbal accumulation of bitcoin because there is no evidence to show tht you have accumulated such amount of bitcoin. And for now and the cycle of the bitcoin price can't give you that amount in dollar until the price hit $400,000. The $30,000 price you are inspiring for is also a dream now. And if really you have them which is in doubt for me, you should secure them so that you won't lose them to scam because as you said you such amount of bitcoin them scammers would be thinking how to attack you.
Everyone's target is now $150K, and it is really optimistic price will hit $150k so soon. You know every time BTC breaks its previous ATH then BTC makes nearly 2x pump. After the last halving, we haven't seen any significant pump. So real Bull is gathering strength for the next cycle. For now, 150K is logical, 400k is not possible this cycle. So don't be too much emotional, speculate correctly, and set your target. if you are able to collect the full 1 BTC in your hodling bag or at least half then it is really impressive, will give you good output next cycle. if you don't have much money then speculate correctly and limit your expectations.
It depends on your persistence in holding in the end because if accumulated at the current price the total bitcoin you currently have is around $6.8k and to reach $30k it means bitcoin needs a surge of about 5 times the current price and that indirectly you have to see bitcoin at a price of around $300k to make your nominal to $30k for the bitcoin you have.
If you are willing to wait long enough then it is possible that this price will still be crushed by bitcoin especially with its progress which is still very good for now and predictions for future seasons will also be the same but it would be better if you currently continue to focus on collecting bitcoin so that your assets are greater than today rather than busy with the thought that your total assets will be worth very high.
Because after all this needs to be a process especially if the target is $300k then it still takes a little longer because the focus may still be on $100k for now.
If you are willing to wait long enough then it is possible that this price will still be crushed by bitcoin especially with its progress which is still very good for now and predictions for future seasons will also be the same but it would be better if you currently continue to focus on collecting bitcoin so that your assets are greater than today rather than busy with the thought that your total assets will be worth very high.
Because after all this needs to be a process especially if the target is $300k then it still takes a little longer because the focus may still be on $100k for now.
This looks like a verbal accumulation of bitcoin because there is no evidence to show tht you have accumulated such amount of bitcoin. And for now and the cycle of the bitcoin price can't give you that amount in dollar until the price hit $400,000. The $30,000 price you are inspiring for is also a dream now. And if really you have them which is in doubt for me, you should secure them so that you won't lose them to scam because as you said you such amount of bitcoin them scammers would be thinking how to attack you.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Looking at the history of Bitcoin from the price it started, it is really convincing that you can make this $30,000 that you wish to make from Bitcoin. However, everything is now left to you. If you can hold onto your Bitcoin investment for a long period of time, there is a high probability that you will surely make the amount you are aiming for. The truth is that it is not going to happen overnight. That investment amount will take some time to turn into the amount you are aiming for.
Bitcoin is not a pump and dump coin where you might expect a miracle to happen within a few weeks or months. One belief I want you to have is that if some Bitcoin investors who accumulated Bitcoin at a very low price, like $5,000, did not sell until the price reached their target, then that is something you can also do.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC.
Congrats, man. Welcome to the space. To get the most out of your experience here, you might want to read the forum rules: https://bitcointalksearch.org/topic/unofficial-list-of-official-bitcointalkorg-rules-guidelines-faq-703657. I'd advice you to be careful with revealing sensitive information like the exact amount of bitcoin you own, as that can easily de-anonymize you. Do you think I can make $30000 in this bitcoin cycle?
No, but when it comes to Bitcoin, it wouldn't surprise me, to be honest. 
It’s so great to see the enthusiasm and happiness from achieving such a great goal. Congratulations OP and may you stack more and more stats as you go on! This is surely a milestone for you so I am going to celebrate with you by holding up a glass and having a drink in your honor!
Congratulations! I also remember the time when my wallet surpassed the 0.10 BTC mark. As others have already mentioned, for maximum results, Bitcoin is a long-term commitment. I've been on the scene since 2014 but was never fully committed, as I quit twice, once in 2015 and again in 2018. I've been fully focused for the past 2.5 to 3 years, and it has been a fruitful experience. Don't get discouraged if things don't go according to plan or if the market crashes tomorrow.
Although I understand your enthusiasm and I've also done it myself in the past, I don't want to be the party pooper, but it's generally advised against posting publicly how much Bitcoin you have.
Although I understand your enthusiasm and I've also done it myself in the past, I don't want to be the party pooper, but it's generally advised against posting publicly how much Bitcoin you have.
Currently that amount should be about $6k+ with current price @58,600 so you can achieve $30k when the price of bitcoin reaches $255k.
@ op you did the right thing by getting started As am typing the price of Bitcoin is $57,900, achieving $30k when the price of Bitcoin reaches $255k requires patient, but I will advise that he can as well be accumulating with DCA strategy either weekly or monthly with as little as he can so as to increase his holding while waiting for at least for 4 years or more in order to have the compounded value of his overall investment, as Bitcoin is best performed when viewed on a long term perspective. Historically, Bitcoin has been making a new all time high before or after halving so holding for long term happens to be the best advice, and most importantly one must make a provisional emergency funds available in order not to sell your investment in time of emergency needs.
Congratulations for your achievement. That is a lot for most people who start Bitcoin investment. I guess you can makes that big profit if Bitcoin price rises so high. But to go to that price, you must be patience because Bitcoin can not directly jump to the high price instead will do that slowly but sure. But there will be an opportunity for Bitcoin to rises so fast especially if there are a big supports comes to Bitcoin and makes Bitcoin gets a big pump at once.
You should continue to buy Bitcoin in this time as the price still at the correction. I wish you are one of lucky people who can makes a big profit in the next Bitcoin cycle.
You should continue to buy Bitcoin in this time as the price still at the correction. I wish you are one of lucky people who can makes a big profit in the next Bitcoin cycle.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Wan Congratulations! I am really happy that you have been able to accumulate such an amount of bitcoin. What I will recommend you do is to properly secure your bitcoin. You can make $30,000 in bitcoin, but it all depends on you. If you can hold bitcoin for a long time, then you will be able to achieve that, but if you are holding it for a short period, then you might find it kind of difficult to achieve that, so if you are expecting that amount of money from the bitcoin you just bought, then you will have to hold it for a long time. You should keep in mind that you won’t be selling soon. Many people are even starting to doubt that bitcoin cannot reach $100k this cycle, let alone expecting bitcoin to reach above $200k is almost too difficult to achieve.
But he can achieve this goal sooner by continuing DCA instead of stopping buying and waiting. I believe that if he had had that bitcoin at a very young age, continuing to accumulate it would not have been his problem. @OP, as many others have said, you should keep accumulating bitcoins and you will reach your goal soon instead of waiting and it will take longer.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
A very good result for a 20-year-old guy. It would be interesting to know how you did this. At least briefly.Theoretically (due to the unpredictability of this type of asset), yes, in this BTC-cycle you can increase your savings to $30k, but provided that bitcoin rises in price to a whopping ~$300k (I consider this level unimaginable now). Personally, I suggest that the $10-$15k (the value of your savings) mark seems more realistic, since BTC-cycles have growth limits.
On the other hand, you don't have to sell bitcoin during the current bullrun and can wait until the next one when your savings are worth $30k.
In any case, continue to accumulate and your diligence will certainly be rewarded.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
You are very lucky to be able to collect 0.11btc at such a young age. There are still many people out there your age who have not been able to take steps like you to invest in future assets. However to achieve the desired target in this cycle seems a bit difficult as the current price of Bitcoin is $57k. Reaching the $30k target seems difficult, perhaps this could happen in the next cycle.But whatever your steps, investing in bitcoin is the right choice, nothing is impossible in investing in bitcoin, anything can happen. But don't be complacent with your success in collecting that much Bitcoin. You still have to collect bitcoins using the DCA method so that your desired goals can be achieved quickly.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Well done. It looks like you have a plan to resell the coins for a XX value. That is okay, but if you are 20 years young, then you have many years to live and maybe it is better not to sell everything and in the long run to be able to say at some point, I have +1.0 Bitcoin. So in the short term, I hope you will be successful, even if that is very high, I would be surprised if it happens in 2025. In the long term, I can imagine it happening, but thats calculated over many more years. So stay with it longer and I think you will be even happier in the end, because thats how it been in the past. 
Good for you! It's a really awesome thing when someone finally achieves that point in bitcoin, never even expected myself to get there but with this kind of stories, it's a hope that I'd be able to do it too someday. It's also kind of weird that we're celebrating this much number when this doesn't even mean anything back when bitcoin isn't that valuable, goes to show how really long the road that bitcoin has been on.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Today according to coingecko the price of 1 BTC= $57056 that was 1.4% less than the previous day but this ups and downs are normal in crypto world . As a 20 years old man accumulated this quantity of BTC is good for my points of view because when I was 20 I didn't know about BTC . Your target will fillup when you stay long time in crypto market.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Congrats on accumulating such a decent amount of money in BTC. But there are a few things to understand about Bitcoin. First, it's a long-term investment. At any point, a bear market can hit, with Bitcoin losing over a half of its price, and the price can stay like that for a couple of years. So patience and willingness to wait for years are important here. Second, Bitcoin has already gone through its enormous growth in the past, and the pace of growth is certainly slowing down. As the market capitalization is getting bigger, there is much more money that needs to be poured into Bitcoin for the price to increase.So, in 2017, BTC grew nearly 20x from the previous market's ATH of $1k. In 2021, it was over 3x from the previous ATH of almost $20k. In 2024, we've seen very mild growth compared to the 2021 ATH, but it's possible that the bull market is still ahead of us. But my point is that Bitcoin is unlikely to grow even 3x during one cycle, not anymore. But something like 2x seems realistic, and that would be over $12k, which is still great. Of course, things can change and Bitcoin might surprise us.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Today according to coingecko the price of 1 BTC= $57056 that was 1.4% less than the previous day but this ups and downs are normal in crypto world . As a 20 years old man accumulated this quantity of BTC is good for my points of view because when I was 20 I didn't know about BTC . Your target will fillup when you stay long time in crypto market.
Congratulations! Every journey starts with the first step... Can you tell us how you learned about bitcoin? Better also to hold that in your custody not in exchanges.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Good you are able to do this, but to your awareness this profit target with 0.1186448 BTC isn't something that would happen overnight, it definitely gonna take more than a couple of years before will get there, and maybe you can still add up more Bitcoin to your portfolio to increase the chances of getting there earlier should Bitcoin increase extensively this bull cycle or next, but in as much as you keep holding and being patient with your portfolio I believe one day it's going to be a dream come for you just as you were able to accumulate this amount of Bitcoin now if you stay focused. 
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
I wouldn't worry so much about those numbers as I would worry about things like: do you have an emergency fund? have you thought about other investments or do you have them? If the answer is yes to both, keep accumulating bitcoin with monthly savings. In 4 years' time your financial position will be very good, and in 8 years' time, even better.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Whya re you too in a hurry to make money in Bitcoin when you can finally wait and observe the crypto market on how you can stake your Bitcoin and make more more money as you are waiting for the price if Bitcoin skyrocket. Patience is what you need to make money on Bitcoin if not, you might end up selling toj quick which could give you little profits in the market. You need to be an holder and work on how to know when to buy and when to sell because this is one of the mistakes many people are making as holders nit knowing when to sell their Bitcoin and wait for the price of Bitcoin to go more bearish so you can buy at the dip. I think this is very simple. I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Congrats on making up your mind to accumulate a good sum of sat. It's better to have it in mind that the $30k you are thinking to get from bitcoin wouldn't happen. So, you better have low expectations this early than give yourself unnecessary hopes that can't mature into reality within a year. Maybe other yearsThat being said, if you so interested in still having such an amount, then be ready to invest a bit more like weekly or monthly, depending on how much money you can spare. Remember not to put all hopes on bitcoin investment, forget to care for yourself, and be too greedy in the process of profits.
My advice to you, before such a scenario plays out, is for you to learn how to withdraw your profit when you feel like, and set a selling price for your bitcoin. Having this in mind will save you a whole lot
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC.
Congratulations, not everyone even get to start having 0.001 BTC to 0.01 BTC but here you are sharing that you've achieved a milestone of your life for having 0.1186 BTC. 
Do you think I can make $30000 in this bitcoin cycle?
If it's about this cycle, Bitcoin needs to reach $250,000 above and that's possible. But for the meantime, if you can continue to DCA, do it. 
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Congratulations on accumulate that much Bitcoin because no amounts of Bitcoin is small, everybody can not have 1 Bitcoin because of the price therefore any amounts we can accumulate is a big achievement and I am happy you have done this for yourself. If you keep hodling you can make a big profit when Bitcoin price rise. Let us approximate your Bitcoin to 0.12, this means for you to make $30,000 in this bull cycle the price of Bitcoin has to be trading at $250,000 because when you multiply 0.12 by $250,000 you would get $30,000. I will say it can happen but if it does the price might not stay at $250,000 for a long time before people will start taking profits because that is a very big price for Bitcoin to get. Half of $250,000 is $125,000 and you will make $15,000 if you can accumulate more to 0.2. You can make good profits and having a realistic price is good target to avoid disappointment. $125,000 is a more realistic price than $250,000.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Congratulations on the achievement, don't forget to always keep it in a safe place 
If you can hold onto it for a long time, maybe you'll get it, but it'll take quite a while, not just one or two years. 
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Everything is possible if you keep your momentum while DCAing with bitcoin regularly. Just imagine at your young age, you already have a good amount of bitcoin, so how much more if you consistently do DCA with your spare money, you will definitely reach your target at an early time possible. It's a good thing you are here for long term, since bitcoin profits are best experienced when you manage to hold for quite long indefinite years. 
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Wan Congratulations! I am really happy that you have been able to accumulate such an amount of bitcoin. What I will recommend you do is to properly secure your bitcoin. You can make $30,000 in bitcoin, but it all depends on you. If you can hold bitcoin for a long time, then you will be able to achieve that, but if you are holding it for a short period, then you might find it kind of difficult to achieve that, so if you are expecting that amount of money from the bitcoin you just bought, then you will have to hold it for a long time. You should keep in mind that you won’t be selling soon. 
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
There's nothing impossible with bitcoin, when we make investment, it is certain that when we make investment, we are going to make profits from it, but it cannot be certain that we are going to make a specific profit from the investment maade, also, in other for us to earn from what we ahve invested, we need time to achieve the said target and this may be what we will have to hodl and also keep tor the interest of ourselves, we only have to be assured that bitcoin investment will always be a profitable one.
The thing is, @OP made a timeline of the price to happen and it is this cycle. Although we are both positive that Bitcoin price will increase in the future, the given target price of @OP is quite impossible for this current cycle to achieve. Unless @OP continues to accumulate BTC resulting to a larger BTC holding, I think, it is impossible that the current @OP's BTC holdings will gain 5x the current value in this current cycle.
Taking reference to the price adjustments of Bitcoin in every cycle's ATH, many think that the current cycle's all-time high will be around the range of $100k-$200k, and with the current BTC holding of @OP, it won't give him the desired $30k.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
That's a great achievement. Kudos to you. But it currently only represents a bit more than $6000 actually, then reaching $30000 would represent a +400% increase, that's not possible unfortunately 
It's wonderful that you own this amount of Bitcoin at such a young age. I hope that you will accumulate more than that if you really believe in the potential and future of Bitcoin and want to achieve higher returns and if you have an additional source of income that suffices for your living needs. The truth is, it's impossible to predict with certainty what the price of Bitcoin will be in the next cycle, as its next price depends on many influencing factors. However, to reach the profits you determined through the amount you have, the price of Bitcoin must double 4x or more from its current level. However, anything can happen given Bitcoin's price volatility, and even if it's not in the next cycle, perhaps in future cycles, so hold on to your hope and always strive to increase your Bitcoin holdings at lower price levels while adhering to capital management and investing beyond your needs. With a long-term perspective, you'll achieve your investment goal.
If bitcoin price pumps 5x and make a new ATH in this circle it is possible that is if you only choose to hodli. On the other hand if you continue to accumulate bitcoin continously using DCA method weekly or monthly, it is possible for you to accumulate an amount that will reach up to $30k when bitcoin price hits $120k in this circle.
It is not a good idea to tell the public or people how many bitcoin that you own for your own safty from arm robbers and player haters.
It is not a good idea to tell the public or people how many bitcoin that you own for your own safty from arm robbers and player haters.
The volatility around bitcoin price growth in s definitely reducing as the market cap or say the amount in circulation increases. Right now I don’t think it is realistic to actually expect a 5x movement from bitcoin. A 5x pump from the current price is going to take bitcoin to as high as $300k which is unrealistic In this current bull run. With the current amount of bitcoin OP has he might needs another halving period to come and a possible bull run again to get to the desired or his intended amount.
But just as you have said a continuous accumulation of bitcoin to around 0.25 (2x of what he is holding now) will get him $30k when the price touches $120k which most people consider as the realistic ATH after this bull run. But regardless I would say all this are just speculation or predictions and my advice to OP is to just set a price target as to when he will sell and anytime bitcoin gets there he can sell off. This is more better.
OP, thats awesome that youve managed to accumulate 0.11 BTC! It takes some real planning and self-control to set aside money like that. You should feel proud about hitting that goal. As for making $30,000 off your crypto in the current market cycle, hard to make predictions, but just holding Bitcoin long-term has paid off nicely for lots of people historically. Do you have a particular timeline in mind with that 30k target? Just curious.
Even if you do start seeing your Bitcoin become worth over 20 thousand Dollars, if I was in your shoes I would sell at that point. Bitcoin has done impressive All Time Highs before so it is not impossible. But if it gets you to 30 thousand Dollars, I would honestly see the highest of the cliff there. Once it surpasses 20 thousand, the end of the Bull Run can happen at any given time.
So instead of watching how you become more Wealthy and then abruptly go back to where you were before, be smart and Sell while you are still up. It will not hurt you if you miss on a few Thousands in Profit, but you may be very hurt if you miss on all Profit you could of had.
So instead of watching how you become more Wealthy and then abruptly go back to where you were before, be smart and Sell while you are still up. It will not hurt you if you miss on a few Thousands in Profit, but you may be very hurt if you miss on all Profit you could of had.
Quote from: ykim240515
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
Yes, you can earn plenty money more than this amount from BTC if only you can have the idea on how to wait for the price to go up before you can sell to accumulate, which is the reason why you see some business men and women continue to put money in BTC to achieve their dream. But don't allow some people achievement to make you to show interest on anything, because there are some people who don't use to share real source of their income, because if they do , they will no longer receive the respect they are receiving from people in the society. Learn how to keep secret to yourself bro, because many have been killed because they showcase their profits on social media that made some bad friends to set them up and collected everything they have achieved from BTC business for people like you to learn a lesson from the incident not to fall victim to such friends.
Your goal is far from what we expected if you are holding this amount for next cycle I don't think you can reach that amount just by holding 0.1BTC.
If you want to achieve this you might need to find other ways to increase your BTC instead because it takes decades before we can see the price around $300k I'm not sure but since block halving reduces the Bitcoin supply every cycle we can maybe see $300k more or less after 2050.
So if you want to achieve this amount of profit this next cycle then you better look for other ways to increase the amount of your BTC while holding.
If you want to achieve this you might need to find other ways to increase your BTC instead because it takes decades before we can see the price around $300k I'm not sure but since block halving reduces the Bitcoin supply every cycle we can maybe see $300k more or less after 2050.
So if you want to achieve this amount of profit this next cycle then you better look for other ways to increase the amount of your BTC while holding.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
There's nothing impossible with bitcoin, when we make investment, it is certain that when we make investment, we are going to make profits from it, but it cannot be certain that we are going to make a specific profit from the investment maade, also, in other for us to earn from what we ahve invested, we need time to achieve the said target and this may be what we will have to hodl and also keep tor the interest of ourselves, we only have to be assured that bitcoin investment will always be a profitable one.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
I believe before you were able to reach this volume that you have accumulated, you did not just buy all at once; you were probably buying a little amount anytime that you had money to buy with, so I will advise you to continue with the same pattern and keep on accumulating and forget about how much what you are currently holding will be worth in the future.If you can raise up to 0.2 to 0.3 btc, it will be easy for you to see $30,000 in the next bull run, even if it's not achieved in the coming bull run. There will be plenty of season if you continue holding on to that amount.
I think this is impossible. $30,000 is too high for this cycle and maybe you should wait for an abnormal effect in the market and BTC price. Like when Corona changed the market completely, but this time with a positive effect(but in the same dimensions)
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Currently that amount should be about $6k+ with current price @58,600 so you can achieve $30k when the price of bitcoin reaches $255k.
And that's huge so there is more chances not that that amount in this bull season. According to some analyst in this bull season bitcoin will be on 120k or around of this . And past history of bitcoin bull season are also saying kinda same thing if look back to the previous bull season before touching the 69k Bitcoin was around 30k so there is a high chances Bitcoin gonna be touch around 120k and so that the op cannot gain 30k with this amount of Bitcoin. My suggestion for op will be continue the investment with the DCA method to make more profit and besides accumulate some stable fund to invest in next bear season around 2026 to 2027.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
First I congratulate your successful accumulation of 0.11 BTC that is not feasible with many people.See
Second, about chance to make $30,000 in this cycle?
Let's do a simple math.
0.11 BTC for your entry, assume at today price is $57,611.73, it takes you $6337 in entry capital. I know that if you purchased bitcoin with DCA, your entry price would be not $57,6111 and your capital is different than $6337.
Assume your entry is like above, to make $30,000 in profit, you will need Bitcoin price is at $330,338. It is too high and impossible for this cycle. Sorry to make you feel bad and hopelessly.
Code:
. di 36337/0.11
330336.36
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
If bitcoin price pumps 5x and make a new ATH in this circle it is possible that is if you only choose to hodli. On the other hand if you continue to accumulate bitcoin continously using DCA method weekly or monthly, it is possible for you to accumulate an amount that will reach up to $30k when bitcoin price hits $120k in this circle.It is not a good idea to tell the public or people how many bitcoin that you own for your own safty from arm robbers and player haters.
Currently that amount should be about $6k+ with current price @58,600 so you can achieve $30k when the price of bitcoin reaches $255k.
I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?
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