Topic: If You Buy btc Today and cash out one year (Read 878 times)
The key factor of being successfull as a Bitcoin investor is patience. Just hodl as long as you can afford and you will be many times richer that day traders.
Holding for so many years is good but we don't know what would happen to bitcoin in the future, we cant say that it will continue going up or maybe it will go down again and besides hodling for the long term requires good discipline and patience, don't just rely on the hype, a lot of beginners or even investors lost the opportunity because of being impatience or they sometimes rely on the hype in social media.
I strongly believe that one who buy bitcoin today and sell after one year will be in huge profit. It will give you minimum 2x and can give you 4x and even more. People attraction towards bitcoin show that it will pump huge.
Still, no assurance for that, we cant assume that bitcoin will grow up in the future, even though a lot of advise says that hodling for a long term is really good, it still depends on what would happen in bitcoin.
I strongly believe that one who buy bitcoin today and sell after one year will be in huge profit. It will give you minimum 2x and can give you 4x and even more. People attraction towards bitcoin show that it will pump huge.
In fact, Bitcoin holding is very profitable, because the price continues to rise. Investing in Bitcoin can open up opportunities to become rich.
Indeed, if we don't want to be affected when holding Bitcoin, don't read the news too often and also don't watch Bitcoin's movements
on coinmarketcap. Because it only makes us doubt, sometimes for some people when they see the Bitcoin dump price they will panic
and immediately want to sell the Bitcoin that their have. So to ensure that we can get profit from holding Bitcoin, we must have strong
intentions, without this it will be very difficult to achieve the target we want. Sometimes getting profit from Bitcoin takes more than a year,
the most important thing is not to sell the Bitcoin that we have before the price rises above the price we buy.
Indeed, if we don't want to be affected when holding Bitcoin, don't read the news too often and also don't watch Bitcoin's movements
on coinmarketcap. Because it only makes us doubt, sometimes for some people when they see the Bitcoin dump price they will panic
and immediately want to sell the Bitcoin that their have. So to ensure that we can get profit from holding Bitcoin, we must have strong
intentions, without this it will be very difficult to achieve the target we want. Sometimes getting profit from Bitcoin takes more than a year,
the most important thing is not to sell the Bitcoin that we have before the price rises above the price we buy.
Yes but now I need cash to buy food 
But btc is just digital gold and ETH are the blockchain for new dgital money.
ETH are pretty much new Central bank with DEFI.
Btc just the digital gold
But btc is just digital gold and ETH are the blockchain for new dgital money.
ETH are pretty much new Central bank with DEFI.
Btc just the digital gold
If you don't have income and have to use your savings to buy food then it's a different story. Most people have at least minimum income that allows them to survive, so people like you who rely only on their crypto investment to survive are going to be in a minority.
Did you just call a decentralized cryptocurrency like ETH a central bank and bitcoin "just digital gold"? You don't know what you're talking about.
dumb. Back to the topic about investing on bitcoin, everything that isnt really used for living then it would be considerable but if we do talk about savings and
primary need for us to survive on daily basis then it isnt just worth to take the risk.
We know the possibilities or chances of profitability but doesnt mean that we would just carelessly jump in over without minding the risk behind.
Always consider it out.
A lot of things can happen in a year, but following bitcoin's healthy graph, we can expect us hitting 100k this year, provided that the resistance we have right now is strong enough to withstand casual dumps like it did last February. A lot of people say it will still dump, and I kind of agree with them on the fact that the price can only stay this positive for so long, so when asked whether how much you will gain 1 year after investing in crypto, I cannot say you'd gain huge amounts, but it's a very high possibility.
Yes but now I need cash to buy food
But btc is just digital gold and ETH are the blockchain for new dgital money.
ETH are pretty much new Central bank with DEFI.
Btc just the digital gold
But btc is just digital gold and ETH are the blockchain for new dgital money.
ETH are pretty much new Central bank with DEFI.
Btc just the digital gold
If you don't have income and have to use your savings to buy food then it's a different story. Most people have at least minimum income that allows them to survive, so people like you who rely only on their crypto investment to survive are going to be in a minority.
Did you just call a decentralized cryptocurrency like ETH a central bank and bitcoin "just digital gold"? You don't know what you're talking about.
If you buy btc today it give us huge profit after one year because it's demand is very high
Demand is increasing overtime. Institutions are helping it give more exposure to the public as they announces their investment on it. But that's where the misleading part starts for a newbie.If somebody says that they'll earn a specific amount at a specific time, they should need to do their research first before investing.
If You Buy Today and You dont touch it before one year but You also dont read the news of btc bans and fuds then You Will be wealthy.
History actually taught me the opposite of what you suggested here — hodling for a year from now will be hodling into 2022, right? I don't think that will be such a great idea because 2022 will be another bear season for Bitcoin. Look, every post Bitcoin halving year has shown that Bitcoin becomes bullish and after slumps to correction. The halving of 2016 gave us ATH in 2017 and that ended in December of 2017. The 2020 halving is what is giving us this current bull run and I expect a fresh ATH at the last quarters of 2021. Thereafter, a major correction that should come up on us from then into 2022. The dump may not be as brutal as what we saw in 2018/2019 because of institutions hodling Bitcoin now unlike individuals hodling in 2017. But there will certainly be a major dump into 2022. then You Will be wealthy.
If you are lucky, then you will be in a profit after one year. But nothing is guaranteed. Previously on two occasions, Bitcoin went through the so called "4 year cycle". For example, ATH was reached in 2013 December, and then it had to wait until 2017 December to record the new ATH. There was a 4 year gap in between, and during this period the prices went down by as much as 85% (in 2015). Same thing happened after 2017. The new ATH was achieved in 2021 and we had a low in 2018 when the prices went down by 85%.
If you buy btc today it give us huge profit after one year because it's demand is very high
If You Buy Today and You dont touch it before one year but You also dont read the news of btc bans and fuds then You Will be wealthy.
As history have showed us its not a trading or ta or other Type of trading.
The most wealthy with btc are those who dont give s about corrections they just hodle one year or longer.
Most of the newbie traders even Will be rich of crypto If they will not read news about crypto or btc at all at least one year.
then You Will be wealthy. As history have showed us its not a trading or ta or other Type of trading.
The most wealthy with btc are those who dont give s about corrections they just hodle one year or longer.
Most of the newbie traders even Will be rich of crypto If they will not read news about crypto or btc at all at least one year.
I disagree.
In order to make profits in Bitcoin, you have to stay updated on the news, whether it is bad or not so you'll be aware when to buy and when to sell. Staying out of date will sometimes gives you the exact opposite of what you're expecting. Like what happened to me in my portfolio, I thought that if I'll leave it uncheck and go back when the market is bullish again, I'll make profits, but all I got was disappointment.
Check this site where news about cryptocurrency is always updated.
Quote
Thank me later.
If You Buy Today and You dont touch it before one year but You also dont read the news of btc bans and fuds then You Will be wealthy.
As history have showed us its not a trading or ta or other Type of trading.
The most wealthy with btc are those who dont give s about corrections they just hodle one year or longer.
Most of the newbie traders even Will be rich of crypto If they will not read news about crypto or btc at all at least one year.
then You Will be wealthy. As history have showed us its not a trading or ta or other Type of trading.
The most wealthy with btc are those who dont give s about corrections they just hodle one year or longer.
Most of the newbie traders even Will be rich of crypto If they will not read news about crypto or btc at all at least one year.
i hope that you know that bitcoin is in a bull market and as per the previous history, this will end somewhere in december this year. So keeping this in mind, its better if you keep check bitcoin prices once every month so you know when exactly to exit. If you hold till April next year, you could have miss the 30-40% possible gain in Nov/Dec 2021.
I think it depends until when you hold your bitcoins we have different mental stability and if you are easier to afraid about the market dumps i think you cant survive the market volatility, but if you know how to handle the market pump and dump just all need is to hold until it reaches the point where you think its profitable and safe to pull out go a head it doesn't matter because the end of the day you get profit but you cant remove the regrets of different what ifs'. Its good to hold for a year too because there's a chance today bitcoin might rise up to the 100k USD at the end of the month but again no one knows came from the future and predict what happen on the market.
I also think that it is not necessary to pay attention to the news... They often influence your emotions and you can do the wrong thing!
Especially if you are willing to wait a year, then you can wait more...
Information communication is a "double-edged sword". If you move with emotional news, it is easy to be influenced by many factors. I do not recommend, the style that believes in news media without due diligence and takes kootj seriously. fomo can turn your greed into despair after one year. for bitcoin, one year is too short, the long term is the best solution! Especially if you are willing to wait a year, then you can wait more...
You are right about history and trading, reading the news and watching the charts often impacts ones decicion making in very negative way.
But i dont agree with you about 1 year timeline, because history has shown as that Bitcoin cycles could have '' winters'' for several years, so i think that after one year we can be much lower than now.
But i dont agree with you about 1 year timeline, because history has shown as that Bitcoin cycles could have '' winters'' for several years, so i think that after one year we can be much lower than now.
If You Buy Today and You dont touch it before one year but You also dont read the news of btc bans and fuds then You Will be wealthy.
As history have showed us its not a trading or ta or other Type of trading.
The most wealthy with btc are those who dont give s about corrections they just hodle one year or longer.
Most of the newbie traders even Will be rich of crypto If they will not read news about crypto or btc at all at least one year.
Every investment is not free from various risks that could make investors suffer losses. To avoid the risk of loss, It is very important for you to find the right bitcoin investment strategy so that the investment you make can run smoothly so that investment (bitcoin) remains profitable. then You Will be wealthy. As history have showed us its not a trading or ta or other Type of trading.
The most wealthy with btc are those who dont give s about corrections they just hodle one year or longer.
Most of the newbie traders even Will be rich of crypto If they will not read news about crypto or btc at all at least one year.
You don't have to waste 1 year to make a profit on bitcoin, the important thing is you have to know when the right time to enter and when the right time to leave.
Simply right since if we only think about possible to earn we might only caught dreaming to earn since if huge bear market crash will occur we might be upset for the result on what they did for 1 year but if we can able to hold for another year since we have lots of funds to spend on well thats still good since as we know long term holder is always the winner this holding is gamenof patience so people should have long stretch of it to see a good result.
If You Buy Today and You dont touch it before one year but You also dont read the news of btc bans and fuds then You Will be wealthy.
As history have showed us its not a trading or ta or other Type of trading.
The most wealthy with btc are those who dont give s about corrections they just hodle one year or longer.
Most of the newbie traders even Will be rich of crypto If they will not read news about crypto or btc at all at least one year.
Every investment is not free from various risks that could make investors suffer losses. To avoid the risk of loss, It is very important for you to find the right bitcoin investment strategy so that the investment you make can run smoothly so that investment (bitcoin) remains profitable. then You Will be wealthy. As history have showed us its not a trading or ta or other Type of trading.
The most wealthy with btc are those who dont give s about corrections they just hodle one year or longer.
Most of the newbie traders even Will be rich of crypto If they will not read news about crypto or btc at all at least one year.
You don't have to waste 1 year to make a profit on bitcoin, the important thing is you have to know when the right time to enter and when the right time to leave.
Well, it's true that the longer you hold, the more chance you'll get higher profit, since the price might increases already. However, it might not be the case as well. There might be time when the price decrease a lot, again and again, which made people lose hope. Happened already before right? when btc price go down a lot. Luckily, it went up again now. But, we can't blame if people want to stop their loss and sold their bitcoin at that time. I guess, the better solution is, set a target at how much profit you want from your bitcoin. 10%? 20%? or even more? Then sell it at your target, and start again. That way, you can still earn profit, but not giving up in bitcoin. You shouldn't regret it too if the price went up again and again, it's better than being too greedy and lose everything.
If You Buy Today and You dont touch it before one year but You also dont read the news of btc bans and fuds then You Will be wealthy.
As history have showed us its not a trading or ta or other Type of trading.
The most wealthy with btc are those who dont give s about corrections they just hodle one year or longer.
Most of the newbie traders even Will be rich of crypto If they will not read news about crypto or btc at all at least one year.
then You Will be wealthy. As history have showed us its not a trading or ta or other Type of trading.
The most wealthy with btc are those who dont give s about corrections they just hodle one year or longer.
Most of the newbie traders even Will be rich of crypto If they will not read news about crypto or btc at all at least one year.
Not all the time though because Bitcoin still undergoes to bear market.What if you bought right now and hold it for 1 year but let say Bitcoin dips really hard, I don't think you will be wealthy. Perhaps those people who bought in 2017 will oppose this idea because they know how the market became in 2018. Perhaps if you extend 1 year into 4 years or more probably I will consider it because of the fact that BTC halving is likely happening every 4 years. But I partly agree that even newbie traders can be rich if they just hold it for a long matter of time.
You hold it until You get better price when You bought it.
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