If You Buy btc Today and cash out one year - page 4.

cryptoboss2020

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Quote from: pixie85 on April 01, 2021, 02:38:45 PM

Quote from: cryptoboss2020 on April 01, 2021, 01:53:21 PM

Just but it and sell it only When its higher price.
Hold 2 years and Don't watch news.

You're all treating bitcoin like it's a step to get more fiat money when it's not.

You really become rich when you realize that bitcoin is a way to get more value in real life goods and not in inflationary fiat money.

The real smart move is to never cash out. I'm serious.

Well you Can cash out but not all.

pixie85

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Quote from: cryptoboss2020 on April 01, 2021, 01:53:21 PM

Just but it and sell it only When its higher price.
Hold 2 years and Don't watch news.

You're all treating bitcoin like it's a step to get more fiat money when it's not.

You really become rich when you realize that bitcoin is a way to get more value in real life goods and not in inflationary fiat money.

The real smart move is to never cash out. I'm serious.

mezzaluna

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Quote from: cryptoboss2020 on March 31, 2021, 03:12:11 PM

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.

Buying Cryptocurrencies and waiting for a year is not an absolute way to earn money because everything can fall apart within that year but everybody within the Crypto Industry always looks at the bright side of things to cope up with a lot of things that might happen unexpectedly. Trading with Cryptocurrencies is one great way to earn profit but you should take your time studying different kinds of platforms since having vast knowledge with different kinds of Cryptos can surely boost your knack into picking what you should trade for within the following days.

cryptoboss2020

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Just but it and sell it only When its higher price.
Hold 2 years and Don't watch news.

Renampun

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Quote from: cryptoboss2020 on March 31, 2021, 03:12:11 PM

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.

*same as me, only hope to buy Bitcoin and hold for a few years without being concerned about price corrections...
I have heard a lot that those who lose are those who panic excessively when the market corrects. Market corrections have often happened to Bitcoin so it's too worried and panic selling will only make losses.

ecnalubma

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There is no assurance that you will make profit holding within one year. There are so many factors that may affect its future prices. If you’re really not bothered holding it regardless of how many months or years it will be good, yeah but not to read news and forget about your investment for years could be a good strategy.

kryptqnick

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Quote from: cryptoboss2020 on March 31, 2021, 03:12:11 PM

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.

One year is not enough, it's not so simple. If you bought BTC in March 2014 ($600), you'd lose a lot of money in March 2015 ($230) by selling. If you bought in March 2018 ($9k) and sold in March 2019 ($4k), you'd also lose money on this. So while most years it would probably work, there are some when it wouldn't, so it doesn't qualify as good general advice. Even given the short story of Bitcon's existence, you still need to take at least a 3-year span to make sure that it's historically accurate that it would have made a person's investment profitable.

wack slacker

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You need to reconsider your idea as the value of Bitcoin right now is very close to its ATH. Buying Bitcoin now and ignoring its value is dangerous. It is very difficult for Bitcoin to grow a few dozen times since last year because it was only worth $ 4,500 last April. That is the first bottom price of Bitcoin. It's safe to buy from that location and not now.

Imran232

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This decision Won't be a right choice for bitcoin investor. Like every year is not same for bitcoin of every year is not for best news for bitcoin holder. Just those year who bought bitcoin 2018 ATH. And if he thought like you that my holding period is 1 year no matter what happen in this 1 year i don't care i will sell after 365 days means 2019 and if you saw then 2019 was not that much good for bitcoin like 2018. But from 2020 bitcoin is becomes the hotest thing for world and still now. For bitcoin or altcoin there is a simple thing which is you have to be updated about bitcoin and don't select a time first take a time and make this best time. Means wait for a time when you saw that you have a huge profit you get then take it. And wait for another dump. By mistake if you see after your sell bitcoin still gose up then no matter for you there is altcoin also take chance with them tooo. I hope you understand.

Trinx01

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This is not reliable, even though we wont do anything to our bitcoin for 1 year, it won't still promise us five good profits, if that is true then I think a lot of investors and holders now are rich and it will look like to be easy money when it comes to cryptocurrency. The volatility of bitcoin makes us think hars about investing or hodling it for a year.

sapnu

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Quote from: cryptoboss2020 on March 31, 2021, 03:12:11 PM

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.

Those people who became rich doing that are lucky for sure. It doesn't work that way all the time, maybe it could if you can predict what's gonna happen in the future like buy plenty of bitcoin on the year 2018 and hold it up until now because you know bitcoin's price is gonna reach almost $60k dollars on this specific year. Also, you can do this if you are already rich and doesn't really care about bitcoin's price change since it wouldn't affect you even for a bit. We do not really know yet how long will this pump keep on going, anything can happen within a year. It's just either you'll benefit a lot or regret a lot if you are planning to do this holding for a year and staying out of the news.

Matimtim

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If you buy bitcoin today and you're planning to cash out it after a year, then you're making good amount of money in that way because we can concluded that good things are going to happen after a year, just like what happened in the bitcoin price history since 2017 until now is getting more expensive.

acener

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It isn't something that we could be sure of but base on the past chart it is how it works.
But would it still be the same right now that it is already high?
Would it continue to grow higher in the future?
We don't know for sure so we couldn't guarantee it to the new in crypto.

xceltoken_plus

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This isn't always true.

Making a million with Bitcoins today is probably still possible, but you will need some capital. Bitcoins can fluctuate many percentage points every day (on May 22, 2017 the price jumped up 10%). Day trading Bitcoins is going to be risky, but where is there is volatility there is opportunity. Otherwise, you need to take a longer-term approach and conclude whether or not you think Bitcoin will be successful. If you think Bitcoin is going to be traded by foreign exchange dealers, market makers and institutions one day, you might want to go long. Buying right now would be incredibly risky; the price chart is screaming “bubble”, but your point of entry is up to you. Don’t expect to see more of the same fast growth now though.

galestorm

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Futurov

Depends on the situation. There are times that bitcoin will dip, to the point that you'll start to worry about the huge investments that you've made on that particular coin. Not moving your assets is a good thing though, and holding them until the next spike is the way to go. However, when bitcoin starts to dip it takes a really long time for it to recover and reach its peak, or even to go beyond the last spike value. Though I am certain bitcoin, despite it's fluctuating value, will always recover from dips, so my advice is to buy more bitcoins when the price starts to decrease and hold onto that coins until the next increase.

0t3p0t

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Quote from: cryptoboss2020 on March 31, 2021, 03:12:11 PM

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.

This won't work in some cases for me, this will only be applicable to old and trusted coins on the market. But for new Altcoins things are different. For Bitcoin this strategy is effective and profitable because it is considered as long term.

Maslate

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Quote from: isaac_clarke22 on April 01, 2021, 05:01:48 AM

That could be when it was still back in 2013.
Remember when people were looking to dip below $10 behind those years.
Dang I could've been a millionaire if I was like one of them already.

That is relatively low if that will happen again, quite to see people being in a hurry to buy them all and hold.

But, buying now at $50k, hold and wait for 1 year to sold it. Probably will be praying that Bitcoin will never dump next year coz honestly, I was afraid if that will come true and make you cry.

That is absolutely the risk in crypto investment because we are not sure for everything to happens and all we have got is just a prediction. If I have to ask that, I have to wait for it to dump first.

Sebas.tian

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Quote from: Bilgent on March 31, 2021, 03:43:59 PM

Quote from: cryptoboss2020 on March 31, 2021, 03:12:11 PM

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.

Yeah but will be determine by the amount of bitcoin purchase in the process, don't expect someone that bought some sats to make some good reward for a year but if someone can make a purchase of 1 to 2 Bitcoin then he or she will make something good after one year of hodling, but always remember there will be dips sometimes.

Quote

One year is really a short period for Bitcoin to multiply its price too much I think. Generally, HODLing for a few years helps people make a great deal of profit. And there is no need to follow the price movements every day as the goal is not keeping your money on Bitcoin for a short term.

Practically, this solely depends on what you bought at today, let imagine you just bought 4Bitcoin to keep for the next year, why won't you make good profit at the end? but someone that will just make a purchase of $100 can just buy some few sats that won't yield much needed profit like the formal.

Coinsfera

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Quote from: cryptoboss2020 on March 31, 2021, 03:12:11 PM

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.

In fact, neither the time nor the news that can create speculation is not important about the future of your investment. Reading the news and observing the market always makes you one step ahead. Therefore, it is useful not to ignore this case. But, the important thing is to make the right investment plan, to take and accept risks as well as the returns. Everyone who succeeds in doing this will move forward more confidently to the target set, even if the price fluctuates.

Ararbermas

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Quote from: cryptoboss2020 on March 31, 2021, 03:12:11 PM

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.

that's what we called true holder.. Its not about months or two wherein its all about holding for long term if we really wanted to receive good returns in our investment.. To be honest greedy ppl can't succeed on this kind of matter because patience is the real key...and indeed if you really want to become successful with your investment, bear in mind to stop monitoring the progress every time because isn't good wherein it can cause something that can affect in your mindset. The good thing to do is leaving your investment alone and make a vacation, comeback after years to check your investment..

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