Topic: Is it possible to still make a good return from Bitcoin? - page 6. (Read 1506 times)
When I first noticed Bitcoin it was hovering around $1000 in 2016. I tried to start mining, but quickly realized my Macbook Pro’s processing power wasn’t sufficient to justify the time and energy it would take to get up and running. I never mined a single Bitcoin, but I did quite a bit of research. And i think it is possible to mine on the other hand trading is need to earn more money. Also it has price gain for future.
I think still have the opportunity to make a good return from bitcoin.
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?
If your business is paying off well, then there's no need worrying yourself over the 1btc you have, so just take your mind off selling it for now bitcoin is for long-term investment, so I will advise you keep holding on to it because the estimated price for bitcoin which is $100k is yet to be achieved, but it's definitely possible, so just take your mind off your bitcoin and continue living your life, don't forget to keep your private key safe, to avoid losing access to your bitcoin. 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?
Even the price is high is there is a chance to get a profit from the bitcoin but how, if we notice the price dump and rise every single day and you can start a short term investment with that. Many people are doing this right now and I think it is effective but invest at your own risk because they have possibility the price will dump more but that is the time you buy more because the real investors they investors while the price is become cheaper and cheaper.
Agree that you can make profit even now but this will work only for short-term and obviously it's very risky because the price is high at the money and anything is possible, Its always advisable to buy at low and sell high or plan for long-term that's how the Market strategy. BTC is gaining momentum again and again it drops then makes a comeback I feel like we can't expect too much drop this time.
The way to get the good return from Bitcoin is by holding Bitcoin for several years. My advice is that holding Bitcoin for 5 years is enough to provide
a good return. The key to success to get a large profit from Bitcoin is patience, the more patient you continue to collect as much Bitcoin as possible
and wait for it to reach the target you set. Will give you the good return you want. You better focus back on your business in the real world, and make
a lot of money and invest some of it in Bitcoin. That's the step I recommend you to do.
a good return. The key to success to get a large profit from Bitcoin is patience, the more patient you continue to collect as much Bitcoin as possible
and wait for it to reach the target you set. Will give you the good return you want. You better focus back on your business in the real world, and make
a lot of money and invest some of it in Bitcoin. That's the step I recommend you to do.
Yes! Bitcoin is now owned and controlled by the regulators (aka bankers).
Sign up now and become one of the money changers of the past who have ruled this earth for ages.
Sign up now and become one of the money changers of the past who have ruled this earth for ages.
My question: Should I just forget about bitcoin now and go back to my business?
I don't see any way buying or hodling Bitcoin distracts you from engaging in your business. Do your business and also transact in Bitcoin. Already you're in gains having bought in 2019 at a time when skepticism and low moment characterized the Bitcoin community. You've an edge already on the market. So, why do you want to bow out now?Yes! Bitcoin is now owned and controlled by the regulators (aka bankers).
Nope! That assertion is faulty. Bitcoin is a community owned asset. No single person controls it. 
My question: Should I just forget about bitcoin now and go back to my business?
Disregard around Bitcoin like, offering it off and more fair me to clarify to the leading of my knowledge. If you are doing job 9 t0 5 or trader or entrepreneur just show patience with Bitcoin.Since you as of now have been holding Bitcoin, then you as of now know the benefits of holding, hence it would be great for you to proceed holding, since in the event that you check the cost you bought at that point and presently, you may see the colossal distinction and the gigantic pick up.HODL till get maximum expected profit.
Even the price is high is there is a chance to get a profit from the bitcoin but how, if we notice the price dump and rise every single day and you can start a short term investment with that. Many people are doing this right now and I think it is effective but invest at your own risk because they have possibility the price will dump more but that is the time you buy more because the real investors they investors while the price is become cheaper and cheaper.
Gaining profit from bitcoin right now may look easy but still we need to take consideration of buying or investing whilst bitcoin's value is still high. It would be best if you would wait till it dumps first if ever it will then start buying then holding. If you are too impatient for that, you can just start investing already but make sure to monitor the price change of bitcoin so that you may know if you are gaining profit or losing. Invest smartly and wisely so that you can make the most of bitcoin's wonderful volatility at the moment. 
Even the price is high is there is a chance to get a profit from the bitcoin but how, if we notice the price dump and rise every single day and you can start a short term investment with that. Many people are doing this right now and I think it is effective but invest at your own risk because they have possibility the price will dump more but that is the time you buy more because the real investors they investors while the price is become cheaper and cheaper.
My question: Should I just forget about bitcoin now and go back to my business?
What you need to know, for yourself is: in the crypto world you have 100% freedom, no one stops you and no one will tell you to survive in the crypto world, especially in the Bitcoin investment sector.You have full rights in and out of the crypto world and also your current business, at times like this one must know yourself in making a decision, If you believe you are doing what you want to do, if you are in doubt you should step back, it is all decisions whether you do business or investing in your Bitcoin that determine your destiny, not someone else's.
That's one of the advantages and benefits of cryptocurrency, we have financial freedom when we are holding some.
You have full control of your asset and if you have a doubt about the market then you can also make decisions based on your perspective in your investment.
Bitcoin investment is really good as it will make you to have another source of profits not only the business that you are managing. If you can manage those two then it will really much effective for you to have different sources of earnings. But don't force yourself to something you're not happy with so it is still your choice to continue or pull back.
confused to forget or retain.
and the proof is that bitcoin is still surviving,In my opinion, keep what we have so that disappointment does not come to us..
and the proof is that bitcoin is still surviving,In my opinion, keep what we have so that disappointment does not come to us..
Now the question is how much return we can expect from the current levels. Bitcoin is trading at $32,000 per coin and having a market cap of $610 billion. In the next 3-4 years, we can expect the prices to climb to at least six digits.
Six digits is still a pipe dream for many of us, even the institutional investors, there are a lot of adversarial matters that we should deal before we could reach that number too. One is the FUDs that are being spread to sow confusion and panic among the community, the only way to defeat this is by ignoring them, especially those that came from big media outlet, if nobody talks about it then it won't affect bitcoin. Two is the regulations that are being put in place to make a short leash for bitcoin, we can't do much here but to vote for lawmakers that are in favor of bitcoin freedom or at the least laxed and public favored regulations, the only problem is most politicians are only talk. With the current price of bitcoin, I think doing a trading will be advantageous because you are taking the opportunity to profit at short term but if you are a long term one then it will be better if you wait for another dip in the prices to get the most out of it when the time comes that you harvest what you invested in. 
1). get regulated / shut down, or 2). never be accepted by the general populous.
Governments can't shut down Bitcoin since it didn't came from them. Bitcoin can be banned from some countries but that doesn't mean that the people of that country can't use it since there is VPN to hide their identity. With the second one, adoption is increasing annually. More and more institutions are buying it and more establishments are accepting it. 
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.
Good for you because you are in a huge profit as of now (possible that you've doubled your money by just holding it). My question: Should I just forget about bitcoin now and go back to my business?
Forgetting Bitcoin might be a good decision but forgetting it totally like you will still not have access to it is a bad decision. If you have a business and you are doing well then just continue since it is your source of income. Just put some of your revenues/profit into Bitcoin or any investment if you want to. 
Back in 2014 (when I first invested in Bitcoin) hardly anyone thought that it will rise to five-digits. Back then, the exchange rate was $600 per coin and within one year, the rates dived to just around $200 per coin. Those who invested at that time received huge profits by now. Now the question is how much return we can expect from the current levels. Bitcoin is trading at $32,000 per coin and having a market cap of $610 billion. In the next 3-4 years, we can expect the prices to climb to at least six digits.
My question: Should I just forget about bitcoin now and go back to my business?
Holding bitcoin need an understanding, I see many people there just suggesting to new user who will hold bitcoin that they should only make a wallet, buy bitcoin and let them for several years, I really disagree with that. Although you choose long term investment, because you have known that bitcoin price always up year by year you still need an understanding about it. Be it about how bitcoin work, bitcoin regulation and also how bitcoin become familiar several years ahead. That the important things that you should know, when you are holding bitcoin and didn't know how bitcoin work and etc you will not comfortable when holding it, believe me. You will be afraid when bitcoin price drop although it is just a small correction it will really harm you.
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.
My question: Should I just forget about bitcoin now and go back to my business?
My question: Should I just forget about bitcoin now and go back to my business?
The two reasons that you have pointed out was some of the reasons that I actually followed on why I got into the Cryptocurrency Industry. Cryptocurrencies being regulated will be so hard to do and some advanced countries needs to do it first and I really did not have to worry about it being regulated because I live in a Third-world country which makes it very useful for me because the government would need to allocate some funds if they want to research about it and second, I already saw some results that even though the users are not that plenty, we can still gain money from it.
You should earn in your business and learn about Cryptocurrencies.
You should hold little more and wait for bitcoin that it price raise to 50 k. Then you should sell it.
It this time price is fluctuating between 36 and 38k and soon raise to 50k.
Now manage it with own risk and come back to business.
It this time price is fluctuating between 36 and 38k and soon raise to 50k.
Now manage it with own risk and come back to business.
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.
My question: Should I just forget about bitcoin now and go back to my business?
My question: Should I just forget about bitcoin now and go back to my business?
The two reasons that you have pointed out was some of the reasons that I actually followed on why I got into the Cryptocurrency Industry. Cryptocurrencies being regulated will be so hard to do and some advanced countries needs to do it first and I really did not have to worry about it being regulated because I live in a Third-world country which makes it very useful for me because the government would need to allocate some funds if they want to research about it and second, I already saw some results that even though the users are not that plenty, we can still gain money from it.
You should earn in your business and learn about Cryptocurrencies.
Jump to: