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Topic: Is it possible to build a career with bitcoin? - page 8. (Read 898 times)

member
Activity: 1218
Merit: 49
Binance #Smart World Global Token
This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.

Congratulations on your brother for making the right decision at the right time. Surely, Bitcoin can give you a solid ROI but as always there are risks involved...as Bitcoin is very volatile digital asset meaning it can go up and down anytime and even for no reason at all. Bitcoin is known to an investors' haven as there is a big potential to make a considerable profit here...but you must act when it is good to act and always listen to the market and maybe even listen to your gut. Anyway, holding on to BTC with the idea of 2024 being a bull year due to its halving and the possibility of ETF approval can prove to be the best decision to do. Note: this is just my opinion.  
full member
Activity: 420
Merit: 120
One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank. This means that bitcoin can become a millionaire if people invest in it at the right time.
Investment can bring profit or loss. If you start in a bear market, exit in a bear market, likely your net investment will be loss, not profit. If you start around a bull run, exit in a bull run, I am sure you will get profit. Like your old brothers did and got recently.

But risk is risk and it is not small. DCA can help you to invest more money in Bitcoin and can help you to get profit. Only invest (with DCA), don't trade.

Use that website for DCA https://costavg.com/
Dollar Cost Averaging with costavg.com include exchange fee

That website is great because it includes withdrawal fees from exchange. You should not leave your bitcoins on centralized exchanges.
Reminder: do not keep your money in online accounts
member
Activity: 196
Merit: 14
One of my older brothers bought bitcoin with that money, instead of keeping it in the bank, about 6 months ago, the price of bitcoin was 24-25k+, and he bought about 1 BTC. The price of bitcoin has increased to 34K+. In just 6 months, he has made a profit of 9k+ dollars, which would have taken more than 20 years to get from the bank. This means that bitcoin can become a millionaire if people invest in it at the right time. I also bought some bitcoins myself and did it by withdrawing money from the bank. Success is not possible if you do not take risks in life. I know how hard it is to make money and if it is to sweat your head and work day and night, then it is worth it. And we can make a lot of income by buying or trading bitcoin with the right rules. I think bitcoin is a bright future for us.


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