Topic: Is it possible to still make a good return from Bitcoin? (Read 1506 times)
Of course you can. And there are several ways. Choose the right one for yourself and start making a profit.
You can surely make a good return from Bitcoin. Bitcoin do rise and falls and then it falls, it doesn't mean it would rise back. I think the wise thing to do is to patiently hold your Bitcoin, and sells when the price hit your price target. The present price of Bitcoin is $56,127.10 and it won't be bad if you buy more of it now so as to sell when the price pushes up. Back then in 2018 Bitcoin price falls towards the end of the year, but look as the price today. That's a good evidence that Bitcoin will hit a high price this year.
Okay so I saw bitcoin early days because a competitor site owner briefly offered it as a payment method for their products. I thought this cryptocurrency will never work because it will either 1). get regulated / shut down, or 2). never be accepted by the general populous.
Neither of these happened and finally I bought a diversified holding of £10,000 in 2019 to hedge against future pain. I still have this holding untouched including 1 btc and have no plans to sell it until I am sure it has hit full critical mass or goes to zero.
My question: Should I just forget about bitcoin now and go back to my business?
First of all, I think you shouldn't forget bitcoin, you made a huge profit. It is just that you are not knowledgeable enough about its intrinsic history and are hesitant and skeptical about bitcoin. Remember, bitcoin is an achievement that makes life more productive. Bitcoin will never return to zero. Finally, you can explore the space of bitcoin, but simple jobs such as trading, investing ... You can still choose other businesses outside of society to "take short and long." Bitcoin always produces passive returns in ways that you would never expect. Neither of these happened and finally I bought a diversified holding of £10,000 in 2019 to hedge against future pain. I still have this holding untouched including 1 btc and have no plans to sell it until I am sure it has hit full critical mass or goes to zero.
My question: Should I just forget about bitcoin now and go back to my business?
I think it is possible to make good money from bitcoin tops all other currencies in the crypto market. The price of bitcoin will increase further clever traders will hold on now because it won’t take too long for bitcoin to break 100K it is possible to earn a lot of money by saving bitcoin and selling it if the price increases in the future. At present the demand for crypto for blockchain technology is increasing currencies other than bitcoin are in a better position if the market is analyzed properly investing in all currencies will become profitable.
Why not! there are over 100 good reasons that the price of Bitcoin will break 100K within this year, Last Bitcoin halving was a breakout signal for everyone, who able to catch it now they are gainer and who missed it now it is the proper time to make a decision for hodling until it reaches to 100K. Now it is 4th time that Bitcoin has given a pullback from the 50K price area, it seems 50K is the superior support area and it is quite hard to break this support. if you are wise enough then buy Bitcoin weekly or monthly basis to get a better Return on investment from it.
Selling or not selling bitcoin is completely yours to know. you have to act according to your own investment plan. If there is a target you trust, you should wait. The potential for bitcoin is obvious. But that doesn't mean bitcoin will never go down anymore. Maybe it will fall again in the coming years and break a record again. maybe he will do this over and over again. The important thing is that you have set your goal. to continue your investment up to your goal. psychology is important here.
hey dude, why should you leave your real world business?
your real business should continue to run and make your bitcoin savings,
because when bitcoin is falling you will still be normal because you have a real world business and your economic cycle continues, try to imagine if your real business stops and bitcoin has decreased in price like 2018, you will go crazy,
your real business should continue to run and make your bitcoin savings,
because when bitcoin is falling you will still be normal because you have a real world business and your economic cycle continues, try to imagine if your real business stops and bitcoin has decreased in price like 2018, you will go crazy,
Statistics show that bitcoin is growing from year to year, so there is a good chance to make money. Nobody believed in Tesla either, but now it costs a lot of money.
It is easy to understand if you look closely at the price dynamics in the market over the past month. She went up and down a few thousand dollars. So, if you imagine that you opened successful short positions on the stock exchange and each time hit a reversal in time to go to profit, you could have already made a decent fortune on these fluctuations.
Okay so I saw bitcoin early days because a competitor site owner briefly offered it as a payment method for their products. I thought this cryptocurrency will never work because it will either 1). get regulated / shut down, or 2). never be accepted by the general populous.
Neither of these happened and finally I bought a diversified holding of £10,000 in 2019 to hedge against future pain. I still have this holding untouched including 1 btc and have no plans to sell it until I am sure it has hit full critical mass or goes to zero.
My question: Should I just forget about bitcoin now and go back to my business?
Neither of these happened and finally I bought a diversified holding of £10,000 in 2019 to hedge against future pain. I still have this holding untouched including 1 btc and have no plans to sell it until I am sure it has hit full critical mass or goes to zero.
My question: Should I just forget about bitcoin now and go back to my business?
Bitcoin Price rise verses fiat is infinite, you won't live long enough to see it's maximum price verse fiat.
So what you really need to decide is where you cash out, at what point is it good enough.
Sell prices should always be set in your mind whenever you make any investment.
Also the shorter your time frame for holding the lower your sell price should be.
Bitcoin investing should always be in the background and running your business should always be in the foreground.
As your business meets your day to day living needs and bitcoin cashouts should be spread out over years for maximum gains.
In my opinion, this question is no longer relevant, since bitcoin has already shown serious growth during this time and thus one can easily answer the question in the affirmative: of course yes! Those who bought it at the beginning of the year, sold it yesterday - could have made a profit of several thousand dollars. In such a short time, this is an excellent result. There are a lot of such stories and every day there are more and more.
I don't think so, this question is focusing more deeply on what you think, everyone knows what bitcoin has done today and is wanting to know whether it will continue to do so in the future or this the final milestone, besides, the investment of bitcoin will still be easy or we lose thousands and tens of thousands of dollars every time the price of bitcoin falls. People are spending a lot of curiosity but the futures market is an infinite picture in our minds, an artist will have to design their paintings according to the talent they have
of course you can still get profit from investing in Bitcoin at this time, because until whenever the price of Bitcoin will continue to increase very high, therefore you shouldn't hesitate to invest in Bitcoin, then now is the right time for you to invest in Bitcoin, because I am sure that soon the price of Bitcoin will definitely increase very high and create a new ATH price again, so you can get profit quickly from investing in Bitcoin at this time.
Okay so I saw bitcoin early days because a competitor site owner briefly offered it as a payment method for their products. I thought this cryptocurrency will never work because it will either 1). get regulated / shut down, or 2). never be accepted by the general populous.
Neither of these happened and finally I bought a diversified holding of £10,000 in 2019 to hedge against future pain. I still have this holding untouched including 1 btc and have no plans to sell it until I am sure it has hit full critical mass or goes to zero.
My question: Should I just forget about bitcoin now and go back to my business?
Neither of these happened and finally I bought a diversified holding of £10,000 in 2019 to hedge against future pain. I still have this holding untouched including 1 btc and have no plans to sell it until I am sure it has hit full critical mass or goes to zero.
My question: Should I just forget about bitcoin now and go back to my business?
Don't think anything else about the destruction of bitcoin because bitcoin is registered in all crypto markets and is licensed, so don't be afraid to buy bitcoins because your future depends on the hard work you are doing at the moment.
we will still benefit from bitcoin if we can take this good opportunity to buy bitcoin when the price goes down.
bitcoin does not always go up and does not always go down, so we must be good at finding the right time to buy bitcoin and we must be patient to wait for bitcoin prices to rise, if we are good at taking opportunities like this then life will be happy because we always benefit from bitcoin .
We can absolutely make good profits from Bitcoin. Our main purpose of Bitcoin investment is to get rich. If you buy Bitcoin 10 years ago and to the time you sell now, you have a big amount. What benefits did Bitcoin give you?
Hello everybody. Having bought Bitcoin in 2019, the profit is very good today. I, too, like many on this forum, am confident that Bitcoin will reach even higher prices, but there can be no endless growth. Personally, I expect a drop to 20K in the near future, but further, the price growth will continue. I sold all BTC to buy again from 25k. But the cryptocurrency market is notable for being unpredictable. I just wish you and myself the best of luck, with the belief that both my script and yours will come true, because you have probably already decided something. No matter how it turns out further, the fact that thanks to Bitcoin you can still get a good profit - I'm 100% sure.
Bitcoin is not for and will not be forgotten, even though you will not touch the holding but at least you will always be aware of the price movements that occur. So, forget it or not, basically you are required to continue your business because it has become an obligation for regular income. If you forget your business and switch to bitcoin, I'm not sure you will get as good an income as the business you are running, so let it go together because it will be good for your future profit anyway, right.
as far as i know, have own business is good than just stay on crypto. this like have the other investation, you cant do anything till the price grow up. holding always wait for this moment. so, you have two profit like what word said above.
there are many people believe on bitcoin or crypto, so, dont be panic if this stuff make you lose. it will give you more value when the time come.
Hah, the date of this post if the perfect answer to this question
Of course, yes. And there's no problem with that. You can make a profit not only from bitcoin, but also from altcoins, such as EOS, which I continue to store on my Ownr wallet.
EOS is still promising? well lets not Jump to conclusions and don't change the area because this is for Bitcoin thread .In my opinion, this question is no longer relevant, since bitcoin has already shown serious growth during this time and thus one can easily answer the question in the affirmative: of course yes! Those who bought it at the beginning of the year, sold it yesterday - could have made a profit of several thousand dollars. In such a short time, this is an excellent result. There are a lot of such stories and every day there are more and more.
It is relevant mate because Bitcoin climbs up and down nowadays , dropping to 40k level and climbing back to 50k level. 
Okay so I saw bitcoin early days because a competitor site owner briefly offered it as a payment method for their products. I thought this cryptocurrency will never work because it will either 1). get regulated / shut down, or 2). never be accepted by the general populous.
I also didn't thought that bitcoin will go this far. When I first saw bitcoin price it is only around $8k but now it is $50k. I am lucky I got the chance to knew bitcoin as early as 2017. Maybe it is already late during that time but it is better late than sorry. From that year I manage to saved some of my bitcoins until this year so a BIG YES that Bitcoin can make a good return. Bitcoin is a very promising coin and is also good investment for the long run. If you still have hesitation you can conduct more research if you want. Just so you know about Elon Musk who buy bitcoin a month ago.
you can hold if you want more profits or sell if you are satisfied with what you have made. you do whichever pays you which means the final choice is still in your hand. crypto banning news dosent move us anymore because we are used to it. the same people banning are busy buying as you are dumping out of fear. no one can stop bitcoin.
Jump to: