Topic: Invest in bitcoin and forget the investment - page 8. (Read 1064 times)

Its right about Bitcoin price fluctuating but never have guarantee with our investment earn much profitable later although how long have to be holder, be smart trader or investor exactly when investing in Bitcoin. Not bad ideas after investing and forget with investment for waiting several years later, but bitcoin have moment with correction and pump its opportunity for us reinvesting and taking profit. In bitcoin investment, we need  update price in daily day although have recommended with long term holding but always get chance or opportunity when bitcoin on higher price its time for taking profit and re investing with moment bitcoin crash or going dump.

Don't make bitcoin as long term holding if get chance to buy back in lower price except have much capital and keep reinvesting.

I would like to assume you mean billionaire in the $ currency but, you ought to have specified on that as, it’s rather too easy to become a billionaire in some other currencies as opposed to others when you look at the exchange rates.

How do you think investing in bitcoins would make you a billionaire (no currency specified) and still go ahead to split funds for altcoin investments with hopes for a bail out in altcoins? If bitcoin is that reassuring as I think you do believe and I do believe as well, why not stick to it and not patronize the idea of altcoins that could end up dumping even more. Yeah, I get the diversify idea but, that could mean not just altcoins but a field outside cryptocurrency at most.

The current bitcoin ATH is around $69k and there is only a couple of 10s of thousands (3X) between $100k and the preceding ATH. The idea that every bullrun comes with a new ATH, a range very close to $100k is achievable.

You should make a tutorial for people who want to spam the word bitcoin. When I read your post all I see is bitcoin bitcoin bitcoin, which is understandable since you used the word 7 times in a single sentence.


Why do you buy coins you don't expect to profit from? If bitcoin is all you care about, buy bitcoin!
"I don't think altcoins will go up but I buy them anyway" It's stupid!

Did we change the term "Long term" and changed it to "Forget"  just kidding

I know how much time you need to make a profit on bitcoin these days, we have now a very different environment of cryptocurrencies and market. Long term investment needs a lot of time, and make sure that this long term investment is worth to wait, so amount should be taken considerably as well. Institutions that invested on bitcoin is very positive with bitcoin in coming years, this also mean that they will utilize bitcoin in the future injecting it to their own market and make profit out of it, so investing on bitcoin is on a low risk at the moment. I'm seeing an ATH in next 2 years, hopefully.

Well said buddy, we also can earn huge profit by investing on others alternative coins which has strong team and community but that fact is here I think for long time Bitcoin will be the best because here I don't think if any people investing in Bitcoin with making a DCA management for long term will face loss. But if we are looking at alternative market then I think there will be a insecureness  for lossing of whole fund in the case of long term investment. But I will not say that it is not possible to earn profit by investing in alternative coins, it is possible to earn profit but if he knows good technical analysis, it will be seen mostly in short term.

I have the exact same strategy LOL. My portfolio currently consist of 40% bitcoin and the rest is on altcoins. If ever I lost some of my investment on altcoins due for half of them are gems or at risk of not glowing up in the bull market, I can cover up my losses in my bitcoin investment. Though I don't forget that I have a investment on bitcoin since I'm doing a DCA strategy in it and I like checking my wallet if there's no problem in it like being stolen or some sort. I like this strategy and hope we all succeed when bull market comes and make good amount of profit.

Wanting to make an immediate profit from an investment leads us to make mistakes. We should not prefer this method, especially during periods when the market is stagnant. We all know that bull season is coming for Bitcoin. Therefore, it makes more sense to buy Bitcoin and wait.

As the topic title says, invest in Bitcoin and forget about it. Your investment will be appreciated in due course. Bitcoin has always made a profit in the long run.

So I was told before Russia marched into Ukraine. My guess was that Russia will march in, I even got the month right.

Therefore I believe you are wrong on both counts.

It not overly pessimistic, there is the Kosovo where Nato troups and Serbia planning something.
There is China and their sourrounding countries, one of those being Taiwan. Plus China having problems with their people and economy.
Of course there is Ukraine and Russia.     

If there is a bull run and if that bull run takes us above the current price. I'm sure bitcoin will go up but we don't know when and for some people investing for another 5 years is hard.


What does this even mean?

Please read your text before posting next time.


And what if it doesn't? Do you have a backup plan?
People who have high expectations towards the price usually take it the hardest when it underperforms. Don't be one of these people.

It is very certain that the bull run is going to be available to us but we don't need to rush it. Bitcoin investment is a good one but we should not only depend on it alone because the market can crash at anytime which will leave us in loses if we have not really predicted the market or seen what the is about to do before the bear occurs. Ther is need to for us to plan for this Bull market that is coming so that we are going to benefit from it too. At we are holding Bitcoin, we can likewise hold other good projects that have strong team and community with good momentum.

The human brain and psychology work in interesting ways, many times we know it's the right time to do something but for some reason we don't because we prefer to wait for a better opportunity, and maybe we are lucky enough to actually get that better opportunity and we think there is going to be even a better one, but oftentimes there is not, and we simply miss it. For me buying BTC below $30k is a great deal, of course $25k is better than $30k but if we reach $+100k who is going to care at that point?

Well, there is always opportunity to invest in Bitcoin and yes I agree that this is the right time for such investment, but I have to say that it's really hard to become a billionaire in Bitcoin these days because Bitcoin is already at high price mark for many people and having a single Bitcoin is dream of many people. I know that Bitcoin will get higher in price during the next bull run but still it's not going to make everyone a billionaire or even a millionaire in this bull run.



The price of Bitcoin will reach another ATH in 2024-2025 and that ATH will be above $90k for sure. But, the ones who invest in Bitcoin today may already be at profit during the first or second quarter of 2024. If someone really wants to make a lot of profit then that user should hold his/her Bitcoin investment for at least two years.

When the market is at bearish, it is always the right time to invest in bitcoin. Currently the price of bitcoin can  be considered as such and we may not notice another bearish price again before the bull run begins. A lot of speculation will continue to go on, whether the bitcoin price will experience some bearish effects before the bull run, but there’s no guarantee in all of this claims. The best to do is to buy now and awaits the bull run in order not to miss at a lower price beyond this if we don’t experience a bearish market again before the bull run.


Bitcoin price being pushed to the to the $100K price are all speculations from people on past events and present trends which are used to forcast what the price maybe. They should not be totally dependent on to avoid disappointment in the future.

Splitting of your funds to different coins against bull run is not a guarantee of making it big at bull run, some may exit the market before then and some might not be able to withstand the market volatility before then, that’s why it’s advisable to always invest in bitcoin. When you invest in other altcoin, bitcoin should own the highest percentage of your investment funds since it’s more dependable on a returned profit than them during bull run you invested against.

Your expectation is high at $100,000, but it's not impossible. But it is better to keep your hopes not too high to avoid being too greedy and missing the opportunity to cash out some profit.  It seems you have so much money to risk in altcoins and how are you sure that you can recover your losses incurred from altcoins through your profits from Bitcoin? It will be better to focus only on Bitcoin if you don't have confidence in any altcoins.  


Bitcoin is not an investment that one can rely on as a daily source of income. So investors will always have full or part-time jobs that provide their daily needs. Whether we are investing using a lump sum or DCA strategy there is always a need to have a plan for our investment. In drafting our budget or plans we should always invest only what we can afford to live without. We should put in money that will not affect our all-round well-being even when plans fail to achieve it's target.

There will be no third world war, you don't need to be so pessimistic. Recession? Even if it happens, it has to end at some point, it can't last forever so you don't need to worry too much about it affecting bitcoin.

I still believe bitcoin will reach $100k or more in the next bull season. Of course, that won't happen right after the halving, it will take some time. And I think that's also when the world economy is gradually recovering.

Easy to say from your mouth but to leave the BTC in your wallet for  long is the issue to some people because once there is a home challenges that require huge amount of money you will rush to sell your BTC without consider the price at the moment. Many people has use this opportunity well in this long bear run to buy as much they want to buy and hold for the bull run to come before they can sell and it will be difficult for such people to miss their opportunity when the price hit $100k. If you invest in BTC try to apply long holding to it, I guess you will not regret with your decision because long term holders make more money from their holding than short term holders in the community because short term holders don't use to hold their BTC like 1 or 2 years before they will sell.

This is the best way when we invest in bitcoin and I believe any bitcoin investor knows about this but I don't think many people will do this. People will always check the bitcoin price every day and always check their investment portfolio every day. It's very easy to say, but to do it, not too many people can do it because they are investing with their own money and no one wants to take their eyes off their money. But you're right, the people who do that are mostly the ones who make huge profits.

It's good if you have a strategy for investing and most people may have difficulty providing capital when they want to buy, even though Bitcoin investment can be done in any amount. If you intend to collect bitcoins regularly then DCA can be applied as a strategy. I am a bit confused to understand what you mean by splitting multiple coins and if you think Bitcoin is one of the best investments, why would you prefer multiple coins to invest simultaneously. Other coins may not be able to show strength in sustaining themselves in the market and many risks may take you to the stage of loss as many coins suddenly die in the market.

That's the advantage when people invest in bitcoin and don't need to think about any conditions because bitcoin can provide a price spike when the four-year cycle arrives. If today you invest some money in bitcoin, in the next few years you will make a profit once bitcoin finds its next ATH.

It is not wrong in the matter of the price and how bitcoin can make us enter a positive Return (ROI), it is always there latent, there are people who do it every second, we do not have to wait long to enter a profit at the end of month with ranges in green.

Now, its appreciation has the variable volatility vs. expectation, it is speculation, yes, it will have 6 figures, the issue is when, they are two variables that work well for a long-term investment, I like to write this in simple words , especially since it is not on trade discussion board, since the idea in my opinion on this fair board is always to have a discussion about bitcoin as simple as possible.

And, based on that, those of us who "live" in this forum understand it,OP topic, which is repeated regularly and grows when the halving is near, in short, the other thing, do not use the adjective millionaire, is to create " smoke orange."

You are aware that the economy is kind of tanking right now?
We are on the brink of ww3, multiple chances to start a war which is the one piece needed for many governments to restart their economy.
Its a marvel of time that Bitcoin can be that stable.

The $100.000 mark requires a lot of people to make good extra money.