If you are investing in bitcoin, you should make this investment.

2Pizza410000BTC

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Quote from: Wonder Work on November 24, 2024, 12:28:46 PM

Today, I was really surprised to see an investment scene. I used to make various comments about investing in Bitcoin, and I talked a lot about long-term investments and short-term investments, but today, I saw a post. Although it was a post by someone on X about investing in BTC, he has been investing in Bitcoin for the past 8 years. He gets Bitcoin daily and has continued working hard while continuing his investment trend. I'm surprised when I see these things. I don't know if you have noticed this, but if you invest in Bitcoin, you should invest like him. He may have done a lot, but we should always keep what we can do within our capabilities.

BITCOIN DCA JOURNEY

I liked it very much, and in the future, I will also try to invest for such a long time. Those who are or will invest in Bitcoin will be motivated by seeing this. I'm sharing some other important posts with you:

A very good post to get interested in investing. Such a post will create a confidence in investing in every investor. Actually, we are also very interested in investing but due to our family needs, we cannot do that. Whatever we earn we have to sell immediately to meet our family needs. If our family situation was much better and we had some other means of earning, we would also invest like this and could hold our investment for a long time. However, I feel very happy with the investment that I can still invest after meeting our family needs. If I ever manage to earn a lot, I will also invest like this and take my investment to a much larger scale.

pawanjain

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Nothing lasts forever

Quote from: Wonder Work on November 24, 2024, 12:28:46 PM

snip

I liked it very much, and in the future, I will also try to invest for such a long time. Those who are or will invest in Bitcoin will be motivated by seeing this. I'm sharing some other important posts with you:

snip

Compounding works wonders. This is just a mere example of that. We need a strong mindset to hold it for such a long term.
It's not just about bitcoin but any promising asset will have same almost the same compounding effect if stayed invested for a long term.

nullama

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Quote from: betswift on November 27, 2024, 07:09:47 AM

~snip~
It can be made into a challenge - and we can see the results of it in the next 6-8 years.
Screenshots indeed need verification, however, we can just find a service that would calculate how much our investment would grow for that exact period of time, or any other.
The PNL would still be there.

Yeah, but what makes it interesting is knowing that a person actually controls those coins.

We can all just watch old addresses and see how much more valuable they've become over time, but they're all from other people, so it's not as interesting.

When you have someone posting about a specific strategy, it makes sense to have an address with proof of ownership, and Bitcoin allows that easily by signing a message.

Ever-young

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Quote from: betswift on November 27, 2024, 07:09:47 AM

It can be made into a challenge - and we can see the results of it in the next 6-8 years.
Screenshots indeed need verification, however, we can just find a service that would calculate how much our investment would grow for that exact period of time, or any other.
The PNL would still be there.

If the screenshot authenticity is being questioned, then it can be skipped, and the main content and idea of the thread can be taken either to take the advice of the OP for long-term investment or consider it as void. It's all left to who is reading and who wants a perfect way of investing.

Ordinarily, if someone has a certain amount of money that they plan to invest in Bitcoin over a given period of time, it's easier to even calculate how much the amount will be worth in 8 years without any screenshot of the person. Don't skip any day; the only challenge will be that they will buy some with a high price and some with a lower price, but that does not still stop profit from being made holding it over a long period of time as long as 8 years.

betswift

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Quote from: nullama on November 27, 2024, 04:56:50 AM

Quote from: davis196 on November 27, 2024, 01:45:45 AM

What kind of screenshot is this? I usually don't trust such screenshots. This could be fake.
There are some fake "investment platforms" that are scamming users by showing them fake screenshots with absurdly high ROI and huge profits. If this screenshot is real, then congratulations to the guy, who has accumulated such wealth. He worked real hard and invested in the best financial asset in the world. I'm too lazy and just can't earn a big enough monthly income to accumulate more than 800K USD. I made a lot of mistakes in the past by not HODLing my BTC when the price was 20 times lower than the current price. Maybe I would've been as rich as this guy, if I was making the right decisions 7-8 years ago. Grin

Yes, that's right.

If you buy Bitcoin, you should be able to link to the actual Bitcoin transaction.

If you can't see the transaction going into your wallet, then you actually don't own that Bitcoin.

It's pretty simple.

Screenshots mean nothing.

It can be made into a challenge - and we can see the results of it in the next 6-8 years.
Screenshots indeed need verification, however, we can just find a service that would calculate how much our investment would grow for that exact period of time, or any other.
The PNL would still be there.

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Quote from: CryptoBuds on November 27, 2024, 07:02:01 AM

Quote from: nullama on November 27, 2024, 04:56:50 AM

Screenshots mean nothing.

We don't need to verify whether this screenshot is real or fake because that is not the main purpose of this topic. What OP is talking about is the huge benefits we will get if we can invest long term in bitcoin consistently. That screenshot may be fake but the results are not fake because if you could hold bitcoin and continuously DCA for the past 8 years, you would have made many times more profit than that guy.

Many of us always talk about long term investment in bitcoin but through this topic we can see that not too many people actually invest long term in bitcoin, most of us will sell bitcoin every bull season comes.

I agree.
The point was to see the beauty of it, and that it's really profitable and great in the long run.
So we should always acknowledge what the potential for holding BTC is.
Let's be better and hold like the real chads Cool

CryptoBuds

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HODL

Quote from: nullama on November 27, 2024, 04:56:50 AM

Screenshots mean nothing.

We don't need to verify whether this screenshot is real or fake because that is not the main purpose of this topic. What OP is talking about is the huge benefits we will get if we can invest long term in bitcoin consistently. That screenshot may be fake but the results are not fake because if you could hold bitcoin and continuously DCA for the past 8 years, you would have made many times more profit than that guy.

Many of us always talk about long term investment in bitcoin but through this topic we can see that not too many people actually invest long term in bitcoin, most of us will sell bitcoin every bull season comes.

nullama

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Quote from: davis196 on November 27, 2024, 01:45:45 AM

What kind of screenshot is this? I usually don't trust such screenshots. This could be fake.
There are some fake "investment platforms" that are scamming users by showing them fake screenshots with absurdly high ROI and huge profits. If this screenshot is real, then congratulations to the guy, who has accumulated such wealth. He worked real hard and invested in the best financial asset in the world. I'm too lazy and just can't earn a big enough monthly income to accumulate more than 800K USD. I made a lot of mistakes in the past by not HODLing my BTC when the price was 20 times lower than the current price. Maybe I would've been as rich as this guy, if I was making the right decisions 7-8 years ago. Grin

Yes, that's right.

If you buy Bitcoin, you should be able to link to the actual Bitcoin transaction.

If you can't see the transaction going into your wallet, then you actually don't own that Bitcoin.

It's pretty simple.

Screenshots mean nothing.

fikrett

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Quote from: davis196 on November 27, 2024, 01:45:45 AM

What kind of screenshot is this? I usually don't trust such screenshots. This could be fake.
There are some fake "investment platforms" that are scamming users by showing them fake screenshots with absurdly high ROI and huge profits. If this screenshot is real, then congratulations to the guy, who has accumulated such wealth. He worked real hard and invested in the best financial asset in the world. I'm too lazy and just can't earn a big enough monthly income to accumulate more than 800K USD. I made a lot of mistakes in the past by not HODLing my BTC when the price was 20 times lower than the current price. Maybe I would've been as rich as this guy, if I was making the right decisions 7-8 years ago. Grin

You can make the right decision now and hold for 8-10 years with the diamond mind and diamond hands.
Let's fix what was done not right in the past and look into the possible future.
Cool

davis196

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What kind of screenshot is this? I usually don't trust such screenshots. This could be fake.
There are some fake "investment platforms" that are scamming users by showing them fake screenshots with absurdly high ROI and huge profits. If this screenshot is real, then congratulations to the guy, who has accumulated such wealth. He worked real hard and invested in the best financial asset in the world. I'm too lazy and just can't earn a big enough monthly income to accumulate more than 800K USD. I made a lot of mistakes in the past by not HODLing my BTC when the price was 20 times lower than the current price. Maybe I would've been as rich as this guy, if I was making the right decisions 7-8 years ago. Grin

justdimin

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Quote from: Wonder Work on November 24, 2024, 12:28:46 PM

I liked it very much, and in the future, I will also try to invest for such a long time. Those who are or will invest in Bitcoin will be motivated by seeing this. I'm sharing some other important posts with you:

There are plenty of people who do this, I had a friend who put in his credit card information to an exchange that withdrew certain amount every single month, wasn't an easy decision at all, and definitely cost him a lot on times when he needed money, there were periods where he had hard time paying his rent so he had to do airbnb for his rooms for a while to be able to pay the rent and even did uber after work as well, but he never stopped getting bitcoins. That is the type of dedication some people have, and he is a millionaire now, never has to work ever again, not sure what he did after he got rich though, never asked him about his money because it would be distasteful topic, and he never talked about it neither, last I know was he had millions in crypto.

So if you keep doing this, then eventually you will get rich too, may take some time, like maybe a decade, but you will get this, so keep investing as much as you can afford to lose, but be ready for down times during bear market too.

Wonder Work

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Quote from: Fivestar4everMVP on November 26, 2024, 05:09:21 AM

It's an incredible story indeed, I went through it and I actually realized that I have not actually done or sacrsifed enough to get what I really want from this space in terms of wealth, I mean this is really stunning and amazing, it's absolutely surprising how many of us get opportunities on a platter of gold and still miss it, and here is one dude that actually did not mess with this opportunity when he found it, and today he's writing a true story of success..

When I see such a long-term investment, it feels good because, from my point of view, I can't hold it for a long time. Due to various obstacles and dangers in life, I can't continue the investment trend, so I can't make such long-term investments. However, we are also investing in small amounts. Let's see how far we can go in the future.

I feel guilty when I see such success stories because we could not continue investing correctly. However, when I see them, I am constantly motivated, and morale returns to us to do something good in the future. Although I have faith in BTC, even then, when I see such success stories, my love for it increases. The morale to invest is created anew.

uchegod-21

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BTC, a coin of today and tomorrow.

Quote from: Wonder Work on November 24, 2024, 12:28:46 PM

BITCOIN DCA JOURNEY

8-year history of buying Bitcoin.

This is beautiful to behold. But I have my reservations. Which is something I will have to sought out this time around in order to know how to continue my bitcoin journey. I have tis question;
1. Is it good to buy bitcoin according to the circle. Which means, you buy at bear and sell off at bull and wait for another bear.
Or
2. You buy at bear and wait for two circles without selling. What this means is that you will experience profit and crash back to wait for second bull run.

Nwada001

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Quote from: FortuneFollower on November 26, 2024, 11:44:48 AM

When you hold with knowledge in mind - you will never stop doing it even in the midst of a bear or bull market.
That's the power behind knowing what BTC stands for and how it behaves with its cycles.
Long-term investment in BTC pays off the best for people who truly understand what we described across this whole thread.

The first thing that's very important and that contributes to how long one can hold is the ability to really understand the market, learn how it moves, and also have the motive of holding for long before buying. If the idea of buying was to hold until bitcoin hit a certain price, then what the person needs is just to hold onto their own decision and make sure that they don't get moved by a bearish market.

nullama

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Looking at the X posts OP shared I saw that he uses Coinbase to make the daily buys.

I assume there's no fees, because he's not buying Bitcoin.

He is buying a promise of Bitcoin in the future, when he withdraws.

If you are saving in Bitcoin you should withdraw it to your own wallet, otherwise you might lose it all at any time.

I_Anime

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Quote from: betswift on November 26, 2024, 04:24:23 AM

Quote from: Smack That Ace on November 26, 2024, 04:16:51 AM

Quote from: Jawhead999 on November 26, 2024, 03:25:25 AM

8 years to earn almost 900%, that's a good deal for investment.

If you invest in debt securities, mutual funds etc, mostly they said you will double your money every 7 years, so definitely Bitcoin won over these assets.

Depending on the stocks you invest in, there are many stocks that offer significant returns, especially when it comes to technology stocks in the US market. But the barrier is that not everyone can access the US stock market while bitcoin is the complete opposite.
Additionally, the volatility and uncertainty of bitcoin makes it a riskier asset, so not everyone has the courage to invest a large amount of money for 8 years. It sounds simple but investing in bitcoin 8 years ago was a big challenge for many people, including us.

The volatile nature of BTC is nothing if you know how it works, its cycles, and that you would need to hold for years to be sure everything will be alright.
Otherwise, if you drop your portfolio due to shake-ups - it's not worth even starting.

Everyone have their on investment plan , those that usually focus on short-term profits are usually traders who trying to play with market wave , which is more risky than long-term investment due to the market fluctuations especially for those who usually make use of lavarages .

When comes to bitcoin investment patient play a vital role , because if one lacks the ability to be patient he or she won't be able to build a better /proper bitcoin investment for themselves because they won't be patient enough to build and hold their bitcoin investment.

FortuneFollower

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Quote from: laijsica on November 26, 2024, 05:58:39 AM

Quote from: I_Anime on November 24, 2024, 02:54:30 PM

This is the beauty of investing in bitcoin for long-term, most folks just want to make it fast , just want to get to their destination once without any journey , and things don't work that way you take your time and build first. Bitcoin tend to favour Those that are patient, those that can literally build a good stash and hold it for long .

Yeah this will actually motivate some investors to keep pushing and striving to a greater heights, just like are most users here that have been holding for long kept motivating us , I hope one day i will also motivate others to do the right thing.

This is how bitcoineers success stories continue and they stay with bitcoin for a long time. Investors set their investment plans in such a way and try to increase their stash. Bitcoin offers the best rewards for the patient investors and it is for investors who expect to buy in every pumping and dumping trend and you can be inspired to save regularly as a proper implementer.

Yes we are inspired if we see that countless holders have kept their bitcoin holdings and they are like planting a long-term tree and become the holder of a huge holding until they reach their goal.

When you hold with knowledge in mind - you will never stop doing it even in the midst of a bear or bull market.
That's the power behind knowing what BTC stands for and how it behaves with its cycles.
Long-term investment in BTC pays off the best for people who truly understand what we described across this whole thread.

EarnOnVictor

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Quote from: Wonder Work on November 24, 2024, 12:28:46 PM

I liked it very much, and in the future, I will also try to invest for such a long time. Those who are or will invest in Bitcoin will be motivated by seeing this. I'm sharing some other important posts with you:

I see nothing wrong in investing in Bitcoin, you cannot lose your money in the long run, but what we should also know is that we cannot have the good results of the early adopters anymore, there is no trick here. The guy started investing in Bitcoin 2 years ago, if we think about it well, that would have met 2-3 cycles, which is a positive one for the investor as Bitcoin was cheap at that time. We should also consider buying Bitcoin again when it has effectively retraced, this has been the smart way of investing to limit risk and maximise profits.

laijsica

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Quote from: I_Anime on November 24, 2024, 02:54:30 PM

This is the beauty of investing in bitcoin for long-term, most folks just want to make it fast , just want to get to their destination once without any journey , and things don't work that way you take your time and build first. Bitcoin tend to favour Those that are patient, those that can literally build a good stash and hold it for long .

Yeah this will actually motivate some investors to keep pushing and striving to a greater heights, just like are most users here that have been holding for long kept motivating us , I hope one day i will also motivate others to do the right thing.

This is how bitcoineers success stories continue and they stay with bitcoin for a long time. Investors set their investment plans in such a way and try to increase their stash. Bitcoin offers the best rewards for the patient investors and it is for investors who expect to buy in every pumping and dumping trend and you can be inspired to save regularly as a proper implementer.

Yes we are inspired if we see that countless holders have kept their bitcoin holdings and they are like planting a long-term tree and become the holder of a huge holding until they reach their goal.

Fivestar4everMVP

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Quote from: Wonder Work on November 24, 2024, 12:28:46 PM

Today, I was really surprised to see an investment scene. I used to make various comments about investing in Bitcoin, and I talked a lot about long-term investments and short-term investments, but today, I saw a post. Although it was a post by someone on X about investing in BTC, he has been investing in Bitcoin for the past 8 years. He gets Bitcoin daily and has continued working hard while continuing his investment trend. I'm surprised when I see these things. I don't know if you have noticed this, but if you invest in Bitcoin, you should invest like him. He may have done a lot, but we should always keep what we can do within our capabilities.

BITCOIN DCA JOURNEY

I liked it very much, and in the future, I will also try to invest for such a long time. Those who are or will invest in Bitcoin will be motivated by seeing this. I'm sharing some other important posts with you:

It's an incredible story indeed, I went through it and I actually realized that I have not actually done or sacrsifed enough to get what I really want from this space in terms of wealth, I mean this is really stunning and amazing, it's absolutely surprising how many of us get opportunities on a platter of gold and still miss it, and here is one dude that actually did not mess with this opportunity when he found it, and today he's writing a true story of success..

I am not ashamed to say that I've learnt alot from him honestly, and I maybe there is still some time to put the lesson into practise, but maybe it's already too late to do that with Bitcoin, maybe I did find a really good and promising Altcoin to follow this same process with..

All the same, kudos to the dude, he's story is very inspiring and thank God for his success, and I hope his wish be granted, which is Micheal Saylor seeing the tweet and responding to it, that will be life changing as well..

Topic: If you are investing in bitcoin, you should make this investment. (Read 615 times)