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Topic: Knowing when to own your bitcoin - page 6. (Read 838 times)

hero member
Activity: 2954
Merit: 672
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February 16, 2024, 06:58:00 PM
#26
I don't know if you are telling the truth, but if ever you are, you're lucky indeed. The price has made a continuous surge and that makes you even luckier since your profits has grown more as well. Just continue doing that and be more patient while waiting for the final bull run, in the end, you will also be the one to reap and benefit your profits when you have decided to sell all your coins.
hero member
Activity: 532
Merit: 508
Leading Crypto Sports Betting & Casino Platform
February 16, 2024, 06:21:19 PM
#25
You are very lucky to have bought Bitcoin at that very low price, which should be around the beginning of 2023. I did buy some Bitcoin as of then too, and in 2022, at $18k.

As far as Bitcoin investment is concerned, investors usually make a profit during the bull market because it's always certain that the bull market will come, but those who bought their coin during the bull market will have to wait until another bull market before they get enough profit from their buy price. To be more profitable in crypto, always buy at the right time and also sell at the right time, which depends on how lucky you can be to make about 70% accurate predictions.

You must be really excited now because you have already made a good profit. Also,  know that Bitcoin has more heights to accomplish, which can happen this year through next year, and if you keep holding, you have a chance to earn more profit on your investment.

Most of all, make your security a priority, and don't forget that Bitcoin is a private asset, which means you should not disclose your investment information to anyone you don't trust, or you can still keep everything to yourself.
newbie
Activity: 13
Merit: 0
February 16, 2024, 06:20:05 PM
#24
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.
hero member
Activity: 1400
Merit: 911
February 16, 2024, 06:07:07 PM
#23
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.
If what you said is really true, then congratulations! You are among the lucky ones, and if you are still having confidence in bitcoin, then you can just keep on holding your bitcoin. You shouldn’t be in a rush to sell, the bull run hasn’t started yet, so just keep on holding till the bull run starts, and you can make up your mind on what to do.

Can you post your Bitcoin address?
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.
legendary
Activity: 2282
Merit: 2196
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February 16, 2024, 05:58:27 PM
#22
I am not sure how much Bitcoin you have bought. But if the story is true, I have to say you are a lucky investor. You gained more than double if your claim is true. However, without taking risks, anyone can't gain in cryptocurrencies. Because Bitcoin is a highly volatile cryptocurrency, we have to take advantage of that. It's good to see you haven't sold yet, and due to enough patience, you earned a decent amount. I am curious to know how much you bought and where you are holding your bitcoin. I hope it is not in centralised exchanges or in a custodial wallet. 
full member
Activity: 1274
Merit: 115
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February 16, 2024, 05:26:09 PM
#21
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.
legendary
Activity: 2842
Merit: 1253
February 16, 2024, 05:15:34 PM
#20
@OP this is just the beginning of the Bitcoin surge, if you keep on holding for another year, you might not only get 100% profit.  Many analysts think that the incoming Bitcoin rally will be more rewarding.  Bitcoin might probably reach more than $100k  in its new ATH so hold your horses and don't sell your Bitcoin yet, you might get more profit if you wait for another year.

But you should always be vigilant and updated on the market price since the Bitcoin market is still considered unpredictable, the unknown might happen.  Set your target sell and sell when the market hits it.  Remember you cannot say it is a profit until you cash out.

hero member
Activity: 2856
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February 16, 2024, 04:57:34 PM
#19

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.


Don't be too complacent friends, indeed when buying at low prices after a bearish run a few years ago until the beginning of the year this month there were indeed a lot of blessings when we bought bitcoin and started to continue doing DCA but in the end when the word profit is short actually don't be too happy with this because even though it's very good for now but you only get the sweet thing now and have never gone through a phase where you have to fight in the turmoil of the mind when bitcoin has decreased and as much as possible your brain stays awake so as not to sell it.

Indeed, buying bitcoin at a low price and selling it at a high price is still the ideal form until now but if in the end you only focus on the profits that you say are short like today without learning more I will make sure it is difficult for you to resist the temptation that occurs in the end.
hero member
Activity: 1344
Merit: 538
February 16, 2024, 04:53:04 PM
#18
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.

Yeah, you can say that everyone is very lucky here as we could have been investing as well since the lowest low of $15,500, two years ago due to the collapsed of FTX. So congrats to you, but this is just the beginning. Don't be excited, just stay calm and if you still have some money, then you can continue to accumulate and stack sats.

I do hope that you didn't sell, not a financial advise. But we are just barely scratching the surface, we really don't know how big this bull run is. Speculation is that it could hit 6 digits in the future. So if you can control your emotions not to sell the better and wait till we hit new all time high, just saying.
hero member
Activity: 2772
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No dream is too big and no dreamer is too small
February 16, 2024, 03:59:02 PM
#17
I’m glad to hear that. The way you trusted bitcoin and risk your funds despite of the possibility that you will only lose them in return. That was brave enough. Now, luck has brought you to where you are now. Instead of panicking and selling earlier when there is price correction, but you chose to hold even longer and show more patience in your investment. I guess patience and understanding come with a great reward in the future.

Not all beginners in bitcoin are able to do that. Your faith in bitcoin was certainly deep, and that’s definitely a good thing in you since you are now eligible to reap massive profits. But hold until bull run comes, that’s definitely the perfect time to sell and be in huge profits.
legendary
Activity: 2436
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
February 16, 2024, 03:50:59 PM
#16
Consider yourself lucky. But you can't always count on luck, because luck is a fickle thing and you can't make a lot of money on luck alone. After all, someday you may be unlucky and lose all your money. In investments, luck should be in the last place.
But we cannot discredit what he have done whether it's just luck or not, having the courage to do so should still be more emphasized in this instance. Let us just hope that he won't be too confident of the profit and to be careless of the possibilities with regards to the next market price behavior of Bitcoin and this market in general.

And as per the right time to invest, there's no such thing to be honest. Just invest when you're ready and once you are aware of how things work in this industry. If you are one of those who are too optimistic of the market price direction, then better yet to pull out your investment or to not invest at all. The market is way too unpredictable 'coz the market prices despite of the increase recently, could still be manipulated and result to a sudden decline or price correction. Be prepared and know how to respond; just if incase it take place any day, know to yourself if you can afford continuing the hold or to take profit for now and wait for another opportunity to enter and maximize the profit.
hero member
Activity: 2842
Merit: 625
February 16, 2024, 03:48:54 PM
#15
Congratulations to you.

That's an early win that you can enjoy. If you are comfortable selling now and taking your profit, you're free to do it and then wait for the pullback and buy from there.

But if not, you can keep on holding on since you're in profit, there is no need to pressure yourself of when you're going to take it. Let it flow in the dance of the market.
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
February 16, 2024, 03:43:16 PM
#14
Can you post your Bitcoin address?


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.

Like what? I'd really like to know how he can prove to us that he owns bitcoin if not by signing a message with his address.
I like to observe the FOMO, just as I like to watch the market go into despair and you can smell the euphoria through the monitor.
It's really interesting that people who hold bitcoin now are happy, but they had the same bitcoin 6 months ago and were sad, like it was some king of burden. Watch how this turns into a level 2 euphoria, when it goes up again and some of them who sold go into buyback mode at $60k Wink

sr. member
Activity: 476
Merit: 337
February 16, 2024, 03:24:10 PM
#13
the shortest time which no other investment can give such profits in such a time frame, so I am glad.
There's something I don't seems to understand here, are you trying to say that no one have experienced such except you?
Yeah I am very excited to hear that you hold your bitcoin from the time but Bitcoin was 22k and now it's 51k however you are very lucky to be a part of Bitcoiners as we are all profiting for holding this long.
Everyone who's holding Bitcoin for long term knows what they are holding. When you are holding Bitcoin you should know that there are times a lot of temptations will come but if you are a strong holder that knows what Bitcoin is capable of you would know that the problem which you wants to solve are little when you profits from Bitcoin.
People who bought Bitcoin at such range are very lucky to be in touch with it.
 
hero member
Activity: 854
Merit: 1031
Only BTC
February 16, 2024, 03:12:05 PM
#12
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 were lucky this time, but that does not mean you'll experience the same luck another time, don't buy BTC with all of the money at your disposal. You would struggle to store it for the long term if you do that as you may be forced to sell when you don't want to and maybe at a loss, because you need the money to pay some of your bills urgently.

It is worth mentioning that you should only buy BTC with an amount you can afford to lose, dca strategy helps you control how much BTC you buy, you can use it and buy small portions of BTC regularly, and before you know it you have a lot of coins.
full member
Activity: 406
Merit: 76
February 16, 2024, 01:31:16 PM
#11
Congratulations, you have already earned almost 1.5x your investment. Hope you keep going like this, and hold Bitcoin for a long time. The longer you hold it, the more returns it will give you. Bitcoin price is now 52k and it won't stop here it will go many more, expect the price of bitcoin to cross around 60k in the next bull market. And it will go a long way this year itself so if you hold long term you can reap huge gains.  So just Hold.
sr. member
Activity: 602
Merit: 288
February 16, 2024, 01:23:16 PM
#10
It only takes courage, enthusiasm, and patience to hold bitcoin for the long term and earn more than 100% of your initial investment. The market movements, which include both upside and downside movements as the market remains volatile, are not for the weak or emotional investors, as they will discourage you and cause you to exit the market prematurely. I just hope you can hold for a longer period of time because bitcoin has not yet reached the expected all-time high that will be following the halving. Given your level of experience in the cryptocurrency market, you can implement some risk management strategies that will benefit you.
copper member
Activity: 2800
Merit: 1268
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February 16, 2024, 12:32:10 PM
#9
Having that price range makes it a great profit with a whopping (130.35%) assuming it is with the spot market. You could've made a lot more if you were to use it in futures but it's really too risky TBH. It's quite hard to trade that if you have less experience but it can happen.

legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
February 16, 2024, 12:24:17 PM
#8
Can you post your Bitcoin address?
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.
If you don't believe the OP just assume it's a made-up story. Because someone will not show the bitcoin address there are privacy reasons for me it is quite reasonable.

You can say that it is quite profitable to buy bitcoin at $22,000 if it is true and now it is around $52,000 many people buy in the lowest area before but make sure when you will withdraw the profit, if you wait longer after the halving then it will be better and it could be that the price of bitcoin soars.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
February 16, 2024, 12:21:36 PM
#7
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.



If you are saying the truth then you should be happy that your investment has given you good returns.
Although I am not sure how much bitcoin you had bought but it's good to know that you have got 2x returns.
I hope you hold it well and you have an exit strategy planned so that you can enjoy your profits.
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