First of all, I believe this topic belongs to Bitcoin Discussion and not Economics.
And then, coming back to the topic. @OP, philipma1957 is actually right that you didn't make $12,000, but you made some profit with your initial investment, which you said was above $5,000. So, the title is wrong and misleading.
I don't care whether it is a true story or not, but one thing is for sure: if someone manages to time the market very well, even if it's done out of luck, you tend to get good profits from cryptocurrencies, especially Bitcoin.
Knowledge is the most important thing; if you don't have it, try to get that first before you do anything.
Topic: I made $12,000 with Bitcoin !! (Read 64 times)
If you can earn $12,000, that's good, but I can't believe the way you're saying it because at the beginning of April 2024, Bitcoin was around $70,000 or above $70,000, and if you take the highest Bitcoin price from there, you can't reach $12,000 because your capital was $5,600 and it increased to $12,000 from there. I don't think it's very logical.
I believe that those who invested in April-March 2024 have made a lot of profit in a short time but not in the way you are saying. So always speak fair and reasonable words which are much easier to accept, not to mention that it is very difficult to accept.
Is a good calculation but I don't think Op was saying that he started the investment on April because if you go back he was saying that the ten months was very terrible for him in regards to Bitcoin price, so that means it was from January instead of March or April he started, so if he made $12,000 through his investment of $5,600 I will not doubt the calculation because from January 2024 the price should be at $43,000 with some numbers, so from that time till now is even more than the $12,000. However if is true congratulations to him but if not is also on him because everybody is accountable to only on their investment and not for others. I believe that those who invested in April-March 2024 have made a lot of profit in a short time but not in the way you are saying. So always speak fair and reasonable words which are much easier to accept, not to mention that it is very difficult to accept.
If you can earn $12,000, that's good, but I can't believe the way you're saying it because at the beginning of April 2024, Bitcoin was around $70,000 or above $70,000, and if you take the highest Bitcoin price from there, you can't reach $12,000 because your capital was $5,600 and it increased to $12,000 from there. I don't think it's very logical.
I believe that those who invested in April-March 2024 have made a lot of profit in a short time but not in the way you are saying. So always speak fair and reasonable words which are much easier to accept, not to mention that it is very difficult to accept.
If we talk about today's time then for that we need atleast one bitcoin and for that we need to see a point of 12000$ i.e. if bitcoin price is 100,000$ then we have to earn 12000$ from it. So this bitcoin has to be sold at 112,000$ but it will earn 12000 and I also don't understand their method so I think this method is better.I believe that those who invested in April-March 2024 have made a lot of profit in a short time but not in the way you are saying. So always speak fair and reasonable words which are much easier to accept, not to mention that it is very difficult to accept.
Yes I believe it too because from April to November Bitcoin has seen quite a positive impact as it went to $100,000 in November which was a very good price. Of course, having good words for what we can do is very important if something cannot be accomplished and creating ideas about it will be only thought and not anyone's effort.
well 5600 could buy at 58k to 71k in April 2024
So if he got it at 58k the best price ever was about 110k
So simple math is 110/58 = 1.89655 to 1
and 5600 x 1.89655 = 10,620 max number not 12k
and 10,620- 5600 = 5020 profit not 12k
So whether the op speaks 1 or 2 or 3 or 4 languages perfectly
his math skills are pretty poor.
So if he got it at 58k the best price ever was about 110k
So simple math is 110/58 = 1.89655 to 1
and 5600 x 1.89655 = 10,620 max number not 12k
and 10,620- 5600 = 5020 profit not 12k
So whether the op speaks 1 or 2 or 3 or 4 languages perfectly
his math skills are pretty poor.
Good evening
Either you are too hateful towards me or you are simply misinformed and a beginner in cryptocurrency i clearly stated that I bought in February and that its total value was almost 50 thousand dollars i only used 12,000 dollars as a rounded figure
With all due respect I find your accusations somewhat offensive towards me first of all I speak four languages fluently
Noted, thanks for the clear up.Quote
Secondly in my last post i was merely sharing my experience with the intention of helping people overcome their fears and providing at least a little motivation to those who are still hesitant to take the first step
You mean in this post you created, because this is were I read about your motivation to other investors.Quote
Finally it’s true that I posted somewhat randomly but that’s only because I’m trying to connect with people like me who are always eager to learn about various fields i really wish I had discovered this platform earlier because it has helped me understand things that were previously ambiguous to me
Noted. Check your posts and then you'd understand why I made the remark I did but then again, I could remember saying you're free to make your corrections so no harm done, bro. 
well 5600 could buy at 58k to 71k in April 2024
So if he got it at 58k the best price ever was about 110k
So simple math is 110/58 = 1.89655 to 1
and 5600 x 1.89655 = 10,620 max number not 12k
and 10,620- 5600 = 5020 profit not 12k
So whether the op speaks 1 or 2 or 3 or 4 languages perfectly
his math skills are pretty poor.
So if he got it at 58k the best price ever was about 110k
So simple math is 110/58 = 1.89655 to 1
and 5600 x 1.89655 = 10,620 max number not 12k
and 10,620- 5600 = 5020 profit not 12k
So whether the op speaks 1 or 2 or 3 or 4 languages perfectly
his math skills are pretty poor.
If you can earn $12,000, that's good, but I can't believe the way you're saying it because at the beginning of April 2024, Bitcoin was around $70,000 or above $70,000, and if you take the highest Bitcoin price from there, you can't reach $12,000 because your capital was $5,600 and it increased to $12,000 from there. I don't think it's very logical.
I believe that those who invested in April-March 2024 have made a lot of profit in a short time but not in the way you are saying. So always speak fair and reasonable words which are much easier to accept, not to mention that it is very difficult to accept.
I believe that those who invested in April-March 2024 have made a lot of profit in a short time but not in the way you are saying. So always speak fair and reasonable words which are much easier to accept, not to mention that it is very difficult to accept.
You're free to prove me wrong as I really do not have much proof to back my claims but how are we supposed to believe you're not some form of clout chaser? I took the liberty of going through your post history and discovered you posted in the Arabic local board and even the French part which means you either have a flair for Arabic and French and even English or you are using Google translate so you can gain popularity or merits as the case may seem.
the language part is not a very well evidence i must say lebanon is a middle eastern country that speaks french there are also other countries that both have french and arabic as their official languages: morocco, comoros, djibouti, and chad even if op did not live in any of the countries mentioned it’s possible to speak different languages multiple even anyway i don’t think it’s clout chasing exactly it doesn’t seem too unrealistic i mean during april the price of bitcoin was still below $70k so maybe his strategy really worked
You're free to prove me wrong as I really do not have much proof to back my claims but how are we supposed to believe you're not some form of clout chaser? I took the liberty of going through your post history and discovered you posted in the Arabic local board and even the French part which means you either have a flair for Arabic and French and even English or you are using Google translate so you can gain popularity or merits as the case may seem. Mind you, it's not a crime to get merited for posts as I feel that's the reward for giving something insightful but when you go about it this way, it looks desperate.
The only Bitcoin related post you've made aside from this one is the one you replied a post in the speculation board and with such an investment prowess, I was thinking that's what you'd begin as your first post being that that's what most users would do since it's an exciting thing to have experienced and would have love to share their strategy but that's not the first thing you did..
With all due respect I find your accusations somewhat offensive towards me first of all I speak four languages fluently secondly in my last post i was merely sharing my experience with the intention of helping people overcome their fears and providing at least a little motivation to those who are still hesitant to take the first step Finally it’s true that I posted somewhat randomly but that’s only because I’m trying to connect with people like me who are always eager to learn about various fields i really wish I had discovered this platform earlier because it has helped me understand things that were previously ambiguous to meThe only Bitcoin related post you've made aside from this one is the one you replied a post in the speculation board and with such an investment prowess, I was thinking that's what you'd begin as your first post being that that's what most users would do since it's an exciting thing to have experienced and would have love to share their strategy but that's not the first thing you did..
You're free to prove me wrong as I really do not have much proof to back my claims but how are we supposed to believe you're not some form of clout chaser? I took the liberty of going through your post history and discovered you posted in the Arabic local board and even the French part which means you either have a flair for Arabic and French and even English or you are using Google translate so you can gain popularity or merits as the case may seem. Mind you, it's not a crime to get merited for posts as I feel that's the reward for giving something insightful but when you go about it this way, it looks desperate.
The only Bitcoin related post you've made aside from this one is the one you replied a post in the speculation board and with such an investment prowess, I was thinking that's what you'd begin as your first post being that that's what most users would do since it's an exciting thing to have experienced and would have love to share their strategy but that's not the first thing you did..
The only Bitcoin related post you've made aside from this one is the one you replied a post in the speculation board and with such an investment prowess, I was thinking that's what you'd begin as your first post being that that's what most users would do since it's an exciting thing to have experienced and would have love to share their strategy but that's not the first thing you did..
I’d like to share my experience with Bitcoin and how it helped me build capital, which allowed me to invest and double my gains. My story began in early “Février” en anglais se traduit par February 2024 i was a student working part-time and had $5,600 in hand it was a modest amount, and I didn’t have much to do with it. After doing a lot of research on cryptocurrency, I finally decided to take the risk of investing my hardearned capital in Bitcoin The first 10 months were very stressful because its value was unstable but in November, it finally started to rise the $5,600 I invested grew to over $12,000 along the way I faced moments of doubt and frustration especially when the market was down but I stuck to my strategy, and it paid off. I wouldn’t consider myself an expert in cryptocurrency but based on my experience, I believe Bitcoin is a great long-term investment one key lesson I learned is that patience and research are essential however if I could offer one piece of advice it would be to know when to buy and to stay informed about political developments to avoid being caught off guard looking forward I plan to keep diversifying my investments and stay cautious of market fluctuations
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