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Topic: Knowing when to own your bitcoin - page 5. (Read 838 times)

hero member
Activity: 1680
Merit: 845
February 17, 2024, 02:16:17 PM
#46
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.
hero member
Activity: 2268
Merit: 789
February 17, 2024, 01:10:04 PM
#45
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.



Congratulations for experiencing the joy of investing in BTC, OP! With the high volatility of BTC, lots of investors take this opportunity to invest either in short or long-term depending on the gains that they will be receiving on its current price.

Your story is just one of the countless stories in which lots of people have also profited from investing in BTC. I just hope that even if you did experience such profit, let this not blind you from the fact that the result can always go both ways especially if you are not responsible and careful from your investments.

I also do hope that you continue to invest until you fill your satisfaction of earning BTCs. Let not failure dissuade you from investing also as this would be inevitably be part of your journey. Best of luck to you, OP.
legendary
Activity: 3248
Merit: 1402
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February 17, 2024, 12:32:53 PM
#44
That's a lovely story the op shared, but there are a couple of things to note here. First, it's around 2.5x profit for now, which is really nice, objectively, but also probably not considered high enough by many Bitcoin investors, since you can usually get more out of Bitcoin if you wait longer. Another thing is that buying just before the price starts rising is a matter of luck, and sometimes it takes years to see any profits with Bitcoin investment. So buying at the right time is not easy to do because things can change fairly fast, and the bear market can be very long.
member
Activity: 289
Merit: 29
February 17, 2024, 05:06:07 AM
#43
Congrats on your win brother.

Anybody with Bitcoin knowledge and capital can easily invest in Bitcoin. So, I can't necessarily call it luck. However, be careful cause
this is only the beginning. Losing all you've worked for would be unfortunate.

Once again, congrats brother.



hero member
Activity: 658
Merit: 545
February 17, 2024, 03:23:05 AM
#42
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.
Now that you were lucky enough that your first investment was a success and you managed to make yourself some profit i hope yo are aware that it’s not the end of the road and this is when the part where your emotions are being put to test, how you manage your profit and your investment is also important because luck will not always come around.  Just as you experience a positive outcome you should also expect a price decline in future, during such times even an experienced investor will now look like a failure so you need to be wise and manage your profits wisely.

Don’t let the current trend get the best of you so expect a change at any time, don’t let greed come in the way else you risk losing your capital and profit. If you feel you have realized some profit enough then it will be best to withdraw part of the profit so you don’t have regrets later. Withdrawing your profit doesn’t mean you should stop accumulating more bitcoin as time goes on.
jr. member
Activity: 81
Merit: 7
February 17, 2024, 02:12:43 AM
#41
If your story is true, then, OP, you are very lucky indeed. Because the current market price of Bitcoin has reached $52k, you are already able to earn almost twice as much. Congratulations to you!
       However, if you want to make a profit in cryptocurrency, you have to take risks. And because you bravely took that risk with patience, you have now earned a decent amount of money in return.
    If you are not in a hurry, you can continue holding calmly and patiently without getting excited. Because the bull run hasn't started yet, and when it does, we don't know how big it will be. So keep your emotions in check until the new ATH hits.
    Also, you must always be alert about the market price and situation, as anything unexpected can happen in the Bitcoin market. But of course, don't make the mistake of taking your profit when the time is right.
legendary
Activity: 1792
Merit: 1296
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February 17, 2024, 02:11:07 AM
#40
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 profit you see now is only on paper, that is, imaginary. You can talk about profit only after selling bitcoin. Frankly, you are a risky guy if you put all your capital on the line. If I were you, the first thing I would do is try to realize the profit - I would sell part of bitcoin in order to return my capital in full. Next, perhaps, I would sell some of the remaining bitcoin in order to get the profit that you are talking about, but don't yet have. As a third step, I would wait for bitcoin ATH with the remainder of btc to increase profitability.

Only after all this one could talk about glad at the sight of the profit received.
full member
Activity: 1442
Merit: 116
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February 17, 2024, 02:03:29 AM
#39
as long as we understand the characteristics of the bitcoin market, I don't think there is a problem, you can make profits in a short and large time, so luck is on your side, but as long as we are in the world of cryptocurrency, then one day we will also feel like we have been waiting for a long time, so Don't be surprised later, because that could happen considering that no one knows where the market will move. However, one key is that later prices will experience a bullish season
full member
Activity: 239
Merit: 200
February 17, 2024, 01:58:45 AM
#38
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.

With the astounding return you've made on your Bitcoin investment in such a short amount of time, you are big lucky investor! It's really amazing! Now, if I may give you some advise, I would strongly advise you not to sell off your investment just yet. How come? Well, because I really think that there is a tremendous chance for much more profit from Bitcoin to come soon. You see, we're not exactly in the middle of a bull market boom just yet, but you've made double you money.So, my recommendation is to weather the storm and wait it out to experience the excitement and potential windfall that accompanies a full fledged bull run. History has shown us that during these periods, Bitcoin prices tend to skyrocket, and I have confidence that this time will be no different!

Quote
Why will the OP give you his wallet address? If you don’t believe the OP, then it’s left to you. It doesn’t really make sense for you to be asking for his wallet, no one is forcing you to believe what the OP says. You are requesting his wallet address to confirm if the OP is really holding bitcoin. But it’s not your business if I am holding bitcoin. No matter what anyone says, I won’t reveal my wallet address or tell anyone the amount of bitcoin I am holding.

Honestly, I'm not sure why the member requested the OP to share it wallet address. It's difficult to understand their intentions or what they plan to do with it. If their aim is to verify whether the OP is being truthful or not, I don't believe many other members are concerned about that, as they prioritize privacy more. Understanding how crucial privacy is can be highlighted by its role in safeguarding our funds, making it the primary means of protection
legendary
Activity: 1358
Merit: 1565
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February 17, 2024, 01:48:34 AM
#37
I share the general feeling of not being very enthusiastic about the history of the OP. For a start he says he used all his available capital at the time, so it seems he used money he couldn't afford to lose. It also looks like he bought bitcoin simply for the possible profit and for no other reason. And he got it right just as he could have got it wrong. I would recommend you to learn more about bitcoin, its history and how it works, as well as personal finance before investing again.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
February 17, 2024, 01:30:04 AM
#36
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.


Just remember that the amazing results you are obtaining have nothing to do with your skill and it was just some random luck which helped you, this is important because if you do not remind yourself from time to time about this, you may end up believing that it was your skill which allowed you to get those results.

Which may lead you to sell your coins too early or buy shitcoins believing you can predict the direction of the market, when this is clearly not the case right now.
copper member
Activity: 2968
Merit: 575
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February 17, 2024, 12:22:05 AM
#35
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.
Like you said, "lucky for you". Indeed you got lucky. As a newbie investor, you shouldn't go "all in" with all the money you have at disposal. That's a huge risk you are taking. You are happy now, and saying good stuffs about Crypto currencies, but I am pretty much sure the whole tone of yours would have been different if the price went down from $22,000 to something like $10,000. You would be saying it was a big mistake. I have even seen some people starting to call bitcoin scam just because they invested all their money in a shitcoin and lost everything. If you are planning to hold for long term, then yes it is fine. Keep holding, but don't forget to take your profits when it is time.
hero member
Activity: 952
Merit: 662
February 16, 2024, 11:59:31 PM
#34
Its within ops privacy right to either post his bitcoin address to support his or her claims, to me this is not needed and there are many other ways the newbie can prove to us that what he said is actually trues.
What do you think about the other ways? a picture can be photoshopped, a video can be edited.

Showing Bitcoin address and sign a message proving if he has access to the wallet.

No matter what anyone says, I won’t reveal my wallet address or tell anyone the amount of bitcoin I am holding.
Really? you've reveal your address for multiple times and you've joined in a campaign that pays $65/week since Nov 2022 which mean you've at least around $3K or more.

I really don't understand the tone of this post: OP said he bought bitcoin at $22k, it's a good move, good price, but I really don't see anything exceptional about that, he pretty much barely doubled his investment, there are shitcoins that do 10x in a week, why should you attack him this way? Now we don't want to believe people who did a simple 2x? I just don't get, am I missing something?
Obviously there are lot shitcoins can make you rich overnight, but that's not the point.

There are many fake newbies in this forum, that's why I ask the proof.
legendary
Activity: 2576
Merit: 2880
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February 16, 2024, 07:10:29 PM
#33
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 really don't understand the tone of this post: OP said he bought bitcoin at $22k, it's a good move, good price, but I really don't see anything exceptional about that, he pretty much barely doubled his investment, there are shitcoins that do 10x in a week, why should you attack him this way? Now we don't want to believe people who did a simple 2x? I just don't get, am I missing something?
legendary
Activity: 3024
Merit: 2148
February 16, 2024, 06:43:20 PM
#32
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.

Just remember that you haven't made any money until you actually sold it and the money is in your bank account or in cash. It's extremely easy to get greedy and think that Bitcoin will rise more and more, and then you will miss out on selling at ATH, and when it crashes, you will wait for it to bounce back at least to that level, which it will probably won't do.
full member
Activity: 1148
Merit: 158
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February 16, 2024, 06:34:21 PM
#31
Congratulations on your successful Bitcoin investment OP! Your strategic decision to buy at a low price has indeed paid off and it's fantastic to hear about the significant profits you've gained in a short period. The cryptocurrency market can be dynamic and your story reflects the potential rewards for those who take calculated risks. Enjoy your financial satisfaction and the excitement of your successful investmentand so will i i hope haha
member
Activity: 182
Merit: 15
February 16, 2024, 06:28:27 PM
#30
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.
I understand your happiness because you invested the right time in the right way. If you didn't invest the right time, you might not have so much profit. People like you who invested the right time are all profiting and happy today. Since you have achieved so much success early in your life, always make sure to choose the right time to invest. If you can't choose the right time and if you have enough funds, you can continue investing by following the DCA method without sitting back. If you can invest in DCA method then you can have a lot of profit. Wishing you a bright future for your investments, may you go ahead with your investments and reap more profits in the next bull period.
legendary
Activity: 1064
Merit: 1228
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February 16, 2024, 06:14:19 PM
#29
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.
No one can guarantee your story is true - but if it is, you're really lucky. The average newbie investor simply cannot resist the urge to hold bitcoin longer when they see big profits. They will even try to sell it just for fear of the price dropping again - but you may beg to differ, but who knows?

Someone after you will probably make a claim that they bought 5 bitcoin at $16K - they made huge profits in the shortest time, exactly the same as your story and we will also have a hard time which is true and which is false.
full member
Activity: 1484
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February 16, 2024, 05:59:31 PM
#28
There is no time is right to buy Bitcoin you can buy when you have the amount of dollar you want to buy with, there are people who haven't heard about Bitcoin yet but if in future they hear about it they will be interested to be an investor….will you say is the right time for them to buy or not the right time due to the rapid increase in Bitcoin one can choose to buy now that is right time for him others can choose to buy tomorrow that is right time for them.
Yes there is no definite time or position where you can consider buying bitcoin but that's why there is technicsl analysis and such indicators for you to analysize when is the good time to enter the market, you can't just buy and buy without thinking, even you will going to do DCA you should consider the down and up trade, is better if the bitcoin you brought will only goes up in the long run, I notice your account to be a newly created, believe me investing or buying bitcoin is not that simple, its easy to say you should huy bitcoin and its easy to buy bitcoin, but in terms of earning bitcoin it will be hard road because you will need a lot of patience and dedication in order to leanr how to earn in this field. But yeah, stories like the OP are one of the stories that encourage us that investing in bitcoin will never be too late.
hero member
Activity: 1022
Merit: 667
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February 16, 2024, 05:59:24 PM
#27
There is no time is right to buy Bitcoin you can buy when you have the amount of dollar you want to buy with, there are people who haven't heard about Bitcoin yet but if in future they hear about it they will be interested to be an investor….will you say is the right time for them to buy or not the right time due to the rapid increase in Bitcoin one can choose to buy now that is right time for him others can choose to buy tomorrow that is right time for them.
what makes the difference in bitcoin investment is the available cash flow to buy as much as you possibly can,  because even if you bought Bitcoin at the current price,  you will still be in profits by the time the bull market comes so for me there is no time such as right time to buy Bitcoin regardless of how much you bought it.

It can only mean something she you want to buy a small portion and holding for just short term,  but as long as long as it is for the long term then pricing bean all all-time high is still a good buy price for Bitcoin.
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