I am happy for you due to you making the Bitcoin investment when there's panic in the market which some newbies don't usually do cause they mainly focus on the disadvantages of the dump while ignoring the advantages that come with it.
The current profit you made due to the current market price is still small if you can hold at least for the next 12 months. However, the best profit will be if you hold for the long term.
Topic: Knowing when to own your bitcoin - page 4. (Read 838 times)
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Can you post your Bitcoin address?
I can also say I bought Bitcoin when the price was $1 and hold it until now, I bought Bitcoin when the price was $3K during Covid-19 and sold at $69K etc.
Op does not have to post their BTC address if they don't want to, it is bad for privacy, especially when the address holds a large amount of coins in it. I understand you feel that the story is made up, and you may be correct, i have also called out a lot of members for posting fake and made up stories of how they bough x amount of BTC and made y profits, but they don't have to lose their privacy to prove their story, that is if there is a 1% chance that the story is true.I can also say I bought Bitcoin when the price was $1 and hold it until now, I bought Bitcoin when the price was $3K during Covid-19 and sold at $69K etc.
Now, even myself I can't tell exactly if OP is telling the truth or not. But if he's actually lying, I guess he won't benefit from it either. If this post is only for merit phishing, then OP lacks some factors to make his post meritable.
Yeah, there's always happiness over something that is gotten right.
so the question now is; How will you know the actual (right) time to buy Bitcoin?
The right time to buy is when you are ready to endure market price changes or the time you are ready to embrace the risk. There will always be time that ups and downs on its value will be observed and that will just be fine. The manner of either selling or still holding is what would determine whether it will be profit or not, on your investment. so the question now is; How will you know the actual (right) time to buy Bitcoin?
Yeah, there's always happiness over something that is gotten right.
so the question now is; How will you know the actual (right) time to buy Bitcoin?
so the question now is; How will you know the actual (right) time to buy Bitcoin?
My joy of buying bitcoin at the right time when bought my first Bitcoin has been excessive in this period that Bitcoin price have risen continuously.
My story
As a newbie and first-time investor and holder of Bitcoin, I made a decision that has led me to a stage of financial satisfaction within a short time, just by risking the right amount and at the right time.
I bought Bitcoin when the price was low at about $22,000 price and i went all in with the whole capital at my disposal, as a newbie i was sceptical, but also i was ready to take that risk.
Luckily for me, Bitcoin is now at 52 thousand dollars, and i feel so excited to see the number of profits that i have accumulated within the shortest time which no other investment can give such profits in such a time frame, so I am glad.
The tone of your post suggests that you have already sold your bitcoin, if true at what price did you sell? Was this your initial plan of getting into bitcoin, to invest and sell whenever you have seen reasonable profit? If you have sold, what's your next plan for Bitcoin?My story
As a newbie and first-time investor and holder of Bitcoin, I made a decision that has led me to a stage of financial satisfaction within a short time, just by risking the right amount and at the right time.
I bought Bitcoin when the price was low at about $22,000 price and i went all in with the whole capital at my disposal, as a newbie i was sceptical, but also i was ready to take that risk.
Luckily for me, Bitcoin is now at 52 thousand dollars, and i feel so excited to see the number of profits that i have accumulated within the shortest time which no other investment can give such profits in such a time frame, so I am glad.
I don't have a problem with buying and selling within a short time like I supposed you have done but the challenge with that is the inability to build a lasting Bitcoin portfolio. There is high temptation in this like using the profits for other less important things and not being able to replace the quantity of Bitcoin you have.
From my little experience, I think buying and keeping it for longer period is better in terms of building a portfolio and profit margin.
Can you post your Bitcoin address?
I can also say I bought Bitcoin when the price was $1 and hold it until now, I bought Bitcoin when the price was $3K during Covid-19 and sold at $69K etc.
Op does not have to post their BTC address if they don't want to, it is bad for privacy, especially when the address holds a large amount of coins in it. I understand you feel that the story is made up, and you may be correct, i have also called out a lot of members for posting fake and made up stories of how they bough x amount of BTC and made y profits, but they don't have to lose their privacy to prove their story, that is if there is a 1% chance that the story is true.I can also say I bought Bitcoin when the price was $1 and hold it until now, I bought Bitcoin when the price was $3K during Covid-19 and sold at $69K etc.
Now, even myself I can't tell exactly if OP is telling the truth or not. But if he's actually lying, I guess he won't benefit from it either. If this post is only for merit phishing, then OP lacks some factors to make his post meritable.
My story
I assume you are one of the many people who are currently happy with the profits you have made with Bitcoin because the price of Bitcoin is increasing.You are also one of the lucky people with Bitcoin because you bought it at a price far from the current price. Luck exists but not everything and forever depends on luck.
I think your story is true. I am also happy with the luck and profits you get.
My advice is to keep holding your bitcoin until it passes the last ATH so you can experience selling bitcoin at the new ATH price. But it's okay if you want to sell some at the current price to take the profit and still hold most of your bitcoins.
Because the price has increased to $52k, you need to determine what selling price you want, so you just have to wait for the selling price to be reached and start selling the bitcoin. Don't be greedy if you want to sell it because after reaching the ATH price, there is a possibility that the bitcoin price will decline. When the price declines, no one knows whether it is just a correction and then the price will rise or continue to decline.
So you should determine the selling price and wait until that price is reached.
Because the price has increased to $52k, you need to determine what selling price you want, so you just have to wait for the selling price to be reached and start selling the bitcoin. Don't be greedy if you want to sell it because after reaching the ATH price, there is a possibility that the bitcoin price will decline. When the price declines, no one knows whether it is just a correction and then the price will rise or continue to decline.
So you should determine the selling price and wait until that price is reached.
Yet excitement must be moderated. Cryptocurrency is profitable but volatile. My experience has taught me that every high has a bottom. Key? Diversification. Its wonderful to go "all in" and win, but dispersing risk may protect your prosperity.
Diversification on crypto market is useless since the general crypto market moves in same direction with Bitcoin but worst on altcoins when bear market hits hard. Diversification is only applicable if you will combine traditional investments to crypto investments so that you can balance your portfolio whenever there’s something wrong on one market because they move in different way.
The most safe way on crypto investments is invest only what you can afford to lose just like gambling due to its volatile nature. You can lose all your profit with just a short period of time so make sure to avoid over extending your capital.
Your $22,000 Bitcoin investment and $52,000 rise is outstanding. I agree with you on Bitcoin's potential as a currency and movement. Those of us who've experienced crypto's volatility and benefits relate to your narrative.
Yet excitement must be moderated. Cryptocurrency is profitable but volatile. My experience has taught me that every high has a bottom. Key? Diversification. Its wonderful to go "all in" and win, but dispersing risk may protect your prosperity.
Like yours, Bitcoin's journey shows blockchain technology's transformational capacity. Profits arent everything - its about financial revolution. Your accomplishments enrich Bitcoin's heritage.
Yet excitement must be moderated. Cryptocurrency is profitable but volatile. My experience has taught me that every high has a bottom. Key? Diversification. Its wonderful to go "all in" and win, but dispersing risk may protect your prosperity.
Like yours, Bitcoin's journey shows blockchain technology's transformational capacity. Profits arent everything - its about financial revolution. Your accomplishments enrich Bitcoin's heritage.
Can you post your Bitcoin address?
I can also say I bought Bitcoin when the price was $1 and hold it until now, I bought Bitcoin when the price was $3K during Covid-19 and sold at $69K etc.
Op does not have to post their BTC address if they don't want to, it is bad for privacy, especially when the address holds a large amount of coins in it. I understand you feel that the story is made up, and you may be correct, i have also called out a lot of members for posting fake and made up stories of how they bough x amount of BTC and made y profits, but they don't have to lose their privacy to prove their story, that is if there is a 1% chance that the story is true. I can also say I bought Bitcoin when the price was $1 and hold it until now, I bought Bitcoin when the price was $3K during Covid-19 and sold at $69K etc.
That is why you see us continue spreading the good news about BTC, so that those people or countries that are still afraid of BTC will take a bold step you took as a newbies to invest in BTC investment last year when the price was around $22k and, right now your profits has increased more if you are ready to sell and cash out your money.
I will advise you to endure with your hodling since the price of BTC still have the strength to go higher to break a new record by hit higher to $70k and, it will accumulate your profits in double and you will have something good to tell people about BTC investment.
I will advise you to endure with your hodling since the price of BTC still have the strength to go higher to break a new record by hit higher to $70k and, it will accumulate your profits in double and you will have something good to tell people about BTC investment.
I bought Bitcoin when the price was low at about $22,000 price and i went all in with the whole capital at my disposal, as a newbie i was sceptical, but also i was ready to take that risk.
You may have purchased your invested bitcoins sometime between March 2023 when the price of bitcoins was below $30,000.From there the price of bitcoin has steadily increased and today the price of bitcoin has increased to about $51 thousand for which you have seen the face of success. Consider yourself lucky as you have been able to earn a good profit by investing in Bitcoin in the new state. Maybe you took too much risk in investing in Bitcoin because you invested in Bitcoin with all your money at your disposal. It was risky because since you invested in Bitcoin with your entire settlement money you might have suffered a big loss if the price of Bitcoin had gone down instead of going up.So we all should invest in any coin that you can afford to lose. Can you post your Bitcoin address?
I can also say I bought Bitcoin when the price was $1 and hold it until now, I bought Bitcoin when the price was $3K during Covid-19 and sold at $69K etc.
Since you're a very highly smartest person who's know when to own Bitcoin, when and how much the bottom in this year?
I can also say I bought Bitcoin when the price was $1 and hold it until now, I bought Bitcoin when the price was $3K during Covid-19 and sold at $69K etc.
Since you're a very highly smartest person who's know when to own Bitcoin, when and how much the bottom in this year?
Look, I get that why2why may be full of it but don't you think your being a little hostile in this scenario? Play the long game at least but don't go jumping out the gate asking for a wallet especially to a newbie. Show em how smart you really are.
op really you are very lucky when you invested in bitcoin the market value of bitcoin was $22,000 the current bitcoin market shows that you have profited a lot. In fact, the way your luck has been with you, not everyone's luck is with you in investing in Bitcoin, you are very lucky. But since you are new to bitcoin investment you must have a long term plan in bitcoin investment because once in a while your luck will be with you but your luck will not be with you so you must acquire enough knowledge in bitcoin investment. If you don't get enough knowledge about bitcoin then one day you might get hurt so you must get good knowledge on bitcoin and have long term plan in bitcoin investment so that you can get more success with bitcoin investment in future.
Congratulations on your investment, but that doesn't actually mean you know when to buy or enter the market.
Most of us could say that we have a similar story or achievement, the market or Bitcoin has so many entry point before it pump up and most of us could say that we boight at the right time since it started to pump up.
I guess when it concerns with bitcoin, everyday is a good buy. Bitcoin is a long term investment, so you have to start investing it early as much as possible so you can maximize your returns in time. But I must say, OP is just lucky that he got to invest at a maximum amount when he was starting because he can easily increase its storage as long as he wants to. One thing that majority of the investors find it hard because bitcoin itself is quite expensive compared to other investments. But as they’ve said, you have to take the risk for you to gain your goals or desires. Otherwise, you might end up regretting because you were not brave enough to risk something. Most of us could say that we have a similar story or achievement, the market or Bitcoin has so many entry point before it pump up and most of us could say that we boight at the right time since it started to pump up.
You did buy at the right time which the price of btc is at 20k+ at that time compared to current price. You are lucky indeed if you ask me but when it comes to investment is not sll about luck which you should make a research to be able to determine or at least predicted the price of btc in the future because if you are relying on your luck in investment then there's a chance of losing a profit even your capital you spent on buying bitcoin because I experienced it myself before where I have btc bought before not too long Before I start on bitcoin, let's say I have 10k dollar but later on it is no longer it is no longer 10k but less than 10k because before I only base it on the numbers if it increased or decreased without knowing why due to lack of knowledge.
I bought Bitcoin when the price was low at about $22,000 price and i went all in with the whole capital at my disposal, as a newbie i was sceptical, but also i was ready to take that risk.
Luckily for me, Bitcoin is now at 52 thousand dollars, and i feel so excited to see the number of profits that i have accumulated within the shortest time which no other investment can give such profits in such a time frame, so I am glad.
I think you probably would have bought your Bitcoin Merch 3rd 2023 (i.e if I'm not mistaken), which I guess was the last time we saw Bitcoin at $22k per BTC, of which if compared with today's current price of $52k, that's absolutely 135% profit you just finally made within this short period of time, which I'm sure no bank could have ever offered you such return of investment, even in 5 or 10years investment time frame. But yet Bitcoin gave you all that in just bearly 11 months time. Hence, Bitcoin remains a super and good investment anyone can ever venture into any day, anytime. Because just as you just made over 135% profit within this short while, if you could hodl longer, you are likely to reap more profits Luckily for me, Bitcoin is now at 52 thousand dollars, and i feel so excited to see the number of profits that i have accumulated within the shortest time which no other investment can give such profits in such a time frame, so I am glad.
I'll go ahead and congratulate you, it's a great achievement and an over 2.5x return on your investment. I don't really care if the OP is lying or not, but I can understand why some are a little sceptical, because a few newbies had attempted to farm merit through their topics. Good luck to you and I hope you continue investing in Bitcoin.
It's hard to believe the story being shared, but if the story is true then he forgot that his financial privacy is now threatened. If someone who knew him in the real world knew how much money in assets he had, this would be a threat to him. But I think trusting the OP is as hard as trusting someone who just found out about bitcoin and then invested all their money in it.I would never have dared to buy bitcoin with all my initial budget without considering the risks. Maybe other people are the same, even experienced investors will set aside some of their budget for a backup plan or something like that. But of course, we don't need to think about whether the story is true or not, bitcoin is a good investment asset for anyone who believes in its potential.
I'll go ahead and congratulate you, it's a great achievement and an over 2.5x return on your investment. I don't really care if the OP is lying or not, but I can understand why some are a little sceptical, because a few newbies had attempted to farm merit through their topics. Good luck to you and I hope you continue investing in Bitcoin.
I wish him the best of luck with his investment; Bitcoin is a fantastic investment in which everybody who invests will earn if he holds it for a long time. If you understand everything about bitcoin, you will know when to leave it before you sell it. When I first started investing in bitcoin, the price had already increased significantly, but I was still profitable with it because it is volatile. No one can predict when the coin will increase or decrease, you should simply set a target price that you want the coin to reach before you sell it and be profitable.
Bitcoin is something you can study quickly, is not like trading, you won't waste time before you fully understand it. I like to introduce many people to bitcoin when they ask me which investment is the best to put money into to minimize their risk, and I used to tell them about bitcoin so that they could be profitable whenever the price of bitcoin increased.
I'll go ahead and congratulate you, it's a great achievement and an over 2.5x return on your investment. I don't really care if the OP is lying or not, but I can understand why some are a little sceptical, because a few newbies had attempted to farm merit through their topics. Good luck to you and I hope you continue investing in Bitcoin.
Even if you decide selling at the moment, that would mean big profits already. But invest more and hold more, there’s more to gain when bull run finally comes. Patience is the key. Bitcoin price may won’t get to its new all time high instantly, but that’s the beauty of hodling. Your faith will be tested along with your patience when the market price suddenly moves in an opposite direction, and moves back afterwards. So focus on what you think is right, your goal is to multiply massive profits, and it will only be possible when bull run finally enters the market. Jump to: