Even if you have to wait 4 years. In any case, once a year you can definitely make a profit
To be honest I’d be alright with waiting for 4 years before I take profit from bitcoin given that I have a stable job anyway. Bitcoin investment shouldn’t be treated as your daily income kind of job unless of course you are trading then you can expect at least a regular flow of money. I can wait for 4 years and at least I know that I can live comfortably after I take profit from my investments. 
Topic: My first Bitcoin - page 2. (Read 1680 times)
Relying on indicators and charts to make the next prediction about bitcoin does not always give us accurate results because there are many unexpected factors such as Fud, fomo, manipulation...That is why many people always think that the DCA strategy is the best because the future is unpredictable. Like the recent correction where bitcoin fell to $59k, many traders speculate that bitcoin will soon drop to $52k and then $42k. But the end result is that bitcoin has recovered and is trading near 70k. So, I don't think we can easily recognize when bitcoin reverses and the uptrend begins.
But you are right, we are approaching bull season so a prolonged correction is unlikely, recent corrections have been temporary and whales are trying to take bitcoin from weak hands. The only thing we should do now is buy more if we have money left and not sell bitcoin for any reason because the bull season is very close.
The funny thing is when bitcoin price dropped below 60k$, I'm sure you or many others wouldn't buy bitcoin, but when the correction ended and bitcoin price recovered, people realized that bitcoin below 60k$ is a good time to buy. I believe that those who say the best time to buy bitcoin is over, they are the ones who will never buy bitcoin even if bitcoin falls back many times later.
As barisbilgili said above, bitcoin is a long-term and unpredictable investment so anytime is a good time to buy bitcoin. Don't hesitate and bargain with the market and when everything passes, we will say that the best time to buy bitcoin has passed. And if you are a short-term trader, a good time to buy will depend on your trading knowledge.
It’s always easier to follow a trend, but it’s a big problem to try to guess when the trend will change. We can start buying when we see that the trend has changed, but if we try to buy on a fall without signs of a reversal, then we can end up in a protracted correction, which will ultimately become a big mistake. But now it doesn’t look like we’re in for a prolonged correction, it’s more like a sideways movement and globally I’m waiting for further growth. The first bitcoins are always the most difficult, and the main difficulty is not to lose them.As barisbilgili said above, bitcoin is a long-term and unpredictable investment so anytime is a good time to buy bitcoin. Don't hesitate and bargain with the market and when everything passes, we will say that the best time to buy bitcoin has passed. And if you are a short-term trader, a good time to buy will depend on your trading knowledge.
Relying on indicators and charts to make the next prediction about bitcoin does not always give us accurate results because there are many unexpected factors such as Fud, fomo, manipulation...That is why many people always think that the DCA strategy is the best because the future is unpredictable. Like the recent correction where bitcoin fell to $59k, many traders speculate that bitcoin will soon drop to $52k and then $42k. But the end result is that bitcoin has recovered and is trading near 70k. So, I don't think we can easily recognize when bitcoin reverses and the uptrend begins.
But you are right, we are approaching bull season so a prolonged correction is unlikely, recent corrections have been temporary and whales are trying to take bitcoin from weak hands. The only thing we should do now is buy more if we have money left and not sell bitcoin for any reason because the bull season is very close.
Long time ago I was working so hard to buy Bitcoin but I couldn't because I had no job, but starting from this
month of January I have gotten a new job that pays me 5 figures a month and I just use $110 from my salary to buy Bitcoin,so as today is the last day of the month I just bought Bitcoin with part of my salary.
However, I bought it from a 3rd party through the help of a co-worker at my working place.
Well done, you did excellent way for investing money in bitcoin by purchasing around $100 every month from your salary, I think its worth for the future as your investment become saving assets than hold it in the bank without increasing yet better put or investing in bitcoin with potential increasing several percent at the future depend on bitcoin price raising up. Since your first time purchasing of bitcoin seems has lower price and around two months later bitcoin success break out new all time high price, seems happy if you still hold and sell it when new higher price coming because potential profitable earned more than 30% since at the early of this year storing bitcoin. month of January I have gotten a new job that pays me 5 figures a month and I just use $110 from my salary to buy Bitcoin,so as today is the last day of the month I just bought Bitcoin with part of my salary.
However, I bought it from a 3rd party through the help of a co-worker at my working place.
Hope you can update the investing of bitcoin progress in your wallet to make other more motivate for investing their money in bitcoin than hold it only in the Bank without any benefit yet.
So, is it safe for me to store my coin there or is there any other wallet I can use to store my coins? I know of electron but apart from the electron is there any other wallet which is safe?.
I don't think it's a good idea to store bitcoins there and I've never heard of electron for a bitcoin storage wallet either.
The only thing I can think of is that maybe you want to say Electrum but you spelled it wrong.
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My profile shows that I am still new on Bitcointalk and I would say with my actions I am very interested in learning more about the accumulation process so I can gain more Bitcoin.
Not so sure you are new to bitcointalk although if you look at your account history it will lead you there.If you want to accumulate then increase your purchases on a scale and see the right moment to accumulate according to the capital you have.
To get more bitcoins you have to try buying them and the next question is whether you have a stable budget to do so.
I recommend you to use a hardware wallet sincerely, it is the best investment you can make to secure your bitcoins, but you must take into account what use you are going to give to the bitcoin, you are going to send currently to other addreses? or just to store bitcoin? in my experience I recommend you to use as hot wallet, Exodus, user-friedly app (remember to save the seed phrase) and in the case of cold wallet, ledger or trezor could be your options but that is based on what you want ,the design, the budget etc... just hope you the best in this btc community brother and remember never ever let your coins rest in exchanges.
There is no need to use a hardware wallet to hold such small amounts Because using hardware wallets is costly. You have to buy it to use hardware wallet. So it is better to use a software wallet in primary condition which is completely free to use. Electrum wallet is a good secure wallet for holding bitcoins. So op can use it. And you can find numerous tutorials on the internet on how to use it and create a wallet by following them.As now, I have some strategy I will hold my bitcoins for long time with my kids will be able to use this all and have easy to do this all because we are having good videos as well which are giving all details about use of this wallet without any problem.
month of January I have gotten a new job that pays me 5 figures a month and I just use $110 from my salary to buy Bitcoin,so as today is the last day of the month I just bought Bitcoin with part of my salary.
However, I bought it from a 3rd party through the help of a co-worker at my working place.
It's actually a good improvement so far. I know alot of People that won't even wanna save up no matter how much they earn monthly. I'd say, you've made a good start; what matters the most is how consistent you can be to get a whole bitcoin. Secondly, I'm not tryna discourage you or make you develop some cold feet but, if it were me, I'd wait till the price goes down.However, I bought it from a 3rd party through the help of a co-worker at my working place.
So I doubt it will be $ or euro. Since he is posting in the Nigeria section (I just checked) I guess we have our answer. The problem though, 10000 naira is only 11$ . 
That means even a 6 figures payday wouldn't be much money.
how much is $11 in your country's currency? Sounds like you stay in a third-world country where the cost of living is wrecking y'all? That means even a 6 figures payday wouldn't be much money.Long time ago I was working so hard to buy Bitcoin but I couldn't because I had no job, but starting from this
month of January I have gotten a new job that pays me 5 figures a month and I just use $110 from my salary to buy Bitcoin,so as today is the last day of the month I just bought Bitcoin with part of my salary.
However, I bought it from a 3rd party through the help of a co-worker at my working place.
Know your worth because bitcoin is accessible for everyone in the space but due the ignorance of the vast number of investors, they do missed out. My first bitcoin, stacking my portfolio without any solid knowledge of the project, although I managed to saved some because I had other activities that kept me busy. Today, I'm happy because there's enough evidence and enormous profits to boost about. Everyone have a story to tell because it involves bitcoin. We should be extremely careful when dealing with the system, knows what to take in and probably the projects to dropped down. month of January I have gotten a new job that pays me 5 figures a month and I just use $110 from my salary to buy Bitcoin,so as today is the last day of the month I just bought Bitcoin with part of my salary.
However, I bought it from a 3rd party through the help of a co-worker at my working place.
I recommend you to use a hardware wallet sincerely, it is the best investment you can make to secure your bitcoins, but you must take into account what use you are going to give to the bitcoin, you are going to send currently to other addreses? or just to store bitcoin? in my experience I recommend you to use as hot wallet, Exodus, user-friedly app (remember to save the seed phrase) and in the case of cold wallet, ledger or trezor could be your options but that is based on what you want ,the design, the budget etc... just hope you the best in this btc community brother and remember never ever let your coins rest in exchanges.
There is no need to use a hardware wallet to hold such small amounts Because using hardware wallets is costly. You have to buy it to use hardware wallet. So it is better to use a software wallet in primary condition which is completely free to use. Electrum wallet is a good secure wallet for holding bitcoins. So op can use it. And you can find numerous tutorials on the internet on how to use it and create a wallet by following them. 
Actually the best time to buy bitcoin was a few weeks ago when it dropped lower than $60,000. But it's still a good time to buy bitcoin now before it goes and reach a new ath. Just try to accumulate as much before it creates a new ath.
I don’t think there is a specific time to invest in bitcoin. Even if bitcoin creates a new all time high, I can decide to invest in it as long as I will be investing for a long time, I don’t have any problem with that. The only people who are disturbed about when to invest in bitcoin are short term investors or traders. If you are investing for a long time, just do your analysis and choose when to invest. I know it’s better to buy when the price is still cheap, but some people might not be financially well when bitcoin was still cheap, and they can only invest now. We all should know that everything doesn’t just end after an all time high or a bull run. Lots of people who sold their bitcoin a few years ago after hitting a new all time high will be regretting it now because bitcoin keeps on growing, and they would have made massive profits if they hadn’t sold then. So after creating a new all time high, later in the future we should be expecting another all time high.
The funny thing is when bitcoin price dropped below 60k$, I'm sure you or many others wouldn't buy bitcoin, but when the correction ended and bitcoin price recovered, people realized that bitcoin below 60k$ is a good time to buy. I believe that those who say the best time to buy bitcoin is over, they are the ones who will never buy bitcoin even if bitcoin falls back many times later.
As barisbilgili said above, bitcoin is a long-term and unpredictable investment so anytime is a good time to buy bitcoin. Don't hesitate and bargain with the market and when everything passes, we will say that the best time to buy bitcoin has passed. And if you are a short-term trader, a good time to buy will depend on your trading knowledge.
It’s always easier to follow a trend, but it’s a big problem to try to guess when the trend will change. We can start buying when we see that the trend has changed, but if we try to buy on a fall without signs of a reversal, then we can end up in a protracted correction, which will ultimately become a big mistake. But now it doesn’t look like we’re in for a prolonged correction, it’s more like a sideways movement and globally I’m waiting for further growth. The first bitcoins are always the most difficult, and the main difficulty is not to lose them. As barisbilgili said above, bitcoin is a long-term and unpredictable investment so anytime is a good time to buy bitcoin. Don't hesitate and bargain with the market and when everything passes, we will say that the best time to buy bitcoin has passed. And if you are a short-term trader, a good time to buy will depend on your trading knowledge.
Now is the best time to buy Bitcoin as it is falling
Actually the best time to buy bitcoin was a few weeks ago when it dropped lower than $60,000. But it's still a good time to buy bitcoin now before it goes and reach a new ath. Just try to accumulate as much before it creates a new ath.
Now is the best time to buy Bitcoin as it is falling
Actually the best time to buy bitcoin was a few weeks ago when it dropped lower than $60,000. But it's still a good time to buy bitcoin now before it goes and reach a new ath. Just try to accumulate as much before it creates a new ath.https://talkimg.com/images/2024/01/31/kDIE8.jpeg
Long time ago I was working so hard to buy Bitcoin but I couldn't because I had no job, but starting from this
month of January I have gotten a new job that pays me 5 figures a month and I just use $110 from my salary to buy Bitcoin,so as today is the last day of the month I just bought Bitcoin with part of my salary.
However, I bought it from a 3rd party through the help of a co-worker at my working place.
So, is it safe for me to store my coin there or is there any other wallet I can use to store my coins? I know of electron but apart from the electron is there any other wallet which is safe?.
My profile shows that I am still new on Bitcointalk and I would say with my actions I am very interested in learning more about the accumulation process so I can gain more Bitcoin.
Does anyone have suggestions for reliable wallets besides Electrum? Long time ago I was working so hard to buy Bitcoin but I couldn't because I had no job, but starting from this
month of January I have gotten a new job that pays me 5 figures a month and I just use $110 from my salary to buy Bitcoin,so as today is the last day of the month I just bought Bitcoin with part of my salary.
However, I bought it from a 3rd party through the help of a co-worker at my working place.
So, is it safe for me to store my coin there or is there any other wallet I can use to store my coins? I know of electron but apart from the electron is there any other wallet which is safe?.
My profile shows that I am still new on Bitcointalk and I would say with my actions I am very interested in learning more about the accumulation process so I can gain more Bitcoin.
Now is the best time to buy Bitcoin as it is falling
Actually the best time to buy bitcoin was a few weeks ago when it dropped lower than $60,000. But it's still a good time to buy bitcoin now before it goes and reach a new ath. Just try to accumulate as much before it creates a new ath.The funny thing is when bitcoin price dropped below 60k$, I'm sure you or many others wouldn't buy bitcoin, but when the correction ended and bitcoin price recovered, people realized that bitcoin below 60k$ is a good time to buy. I believe that those who say the best time to buy bitcoin is over, they are the ones who will never buy bitcoin even if bitcoin falls back many times later.
As barisbilgili said above, bitcoin is a long-term and unpredictable investment so anytime is a good time to buy bitcoin. Don't hesitate and bargain with the market and when everything passes, we will say that the best time to buy bitcoin has passed. And if you are a short-term trader, a good time to buy will depend on your trading knowledge.
Now is the best time to buy Bitcoin as it is falling
Actually the best time to buy bitcoin was a few weeks ago when it dropped lower than $60,000. But it's still a good time to buy bitcoin now before it goes and reach a new ath. Just try to accumulate as much before it creates a new ath.The advice to continue buying Bitcoin slowly and holding it for a long time is very good advice, but it is only for long-term investing.
And when it comes to trading, I think there are many things you have to study and wait for the right price, now Bitcoin's movements are difficult to predict, especially after the Halving some time ago, there is a possibility that the price will soar high.
Many people always say that bitcoin below $60k, 50k$, 40k$ is a good time to buy, but honestly I want to know how many people will buy if bitcoin falls, or will they say it will fall even more? Until it suddenly spikes and they have to buy at a higher price?
In my opinion, the best time to buy is when we have money and are willing to take risks because bitcoin is unpredictable, no one can know if it will increase or decrease after we buy. I agree with you, buying anytime and holding long term is what we should do and is also the best strategy when investing in bitcoin.
Now is the best time to buy Bitcoin as it is falling
Actually the best time to buy bitcoin was a few weeks ago when it dropped lower than $60,000. But it's still a good time to buy bitcoin now before it goes and reach a new ath. Just try to accumulate as much before it creates a new ath.
Now is the best time to buy Bitcoin as it is falling
Actually the best time to buy bitcoin was a few weeks ago when it dropped lower than $60,000. But it's still a good time to buy bitcoin now before it goes and reach a new ath. Just try to accumulate as much before it creates a new ath.The advice to continue buying Bitcoin slowly and holding it for a long time is very good advice, but it is only for long-term investing.
And when it comes to trading, I think there are many things you have to study and wait for the right price, now Bitcoin's movements are difficult to predict, especially after the Halving some time ago, there is a possibility that the price will soar high.
Now is the best time to buy Bitcoin as it is falling
Actually the best time to buy bitcoin was a few weeks ago when it dropped lower than $60,000. But it's still a good time to buy bitcoin now before it goes and reach a new ath. Just try to accumulate as much before it creates a new ath. First of all congratulations on your first bitcoin hold, i hope this is amount you can afford to lose and not your entire wages or salary. As that will help you to hold it for long. Looking at this the screen this is a binance wallet which is a centralized exchange and that’s the least of place to safe your coin because the keys doesn’t belong to you. I will advice you look for a reputable bitcoin wallet and in my opinion electrum is that wallet. Create a the new wallet yourself and don’t let your colleague do it for you and then keep the secret phrase safe in an offline place. Then move the coin from this exchange to the wallet. If you do not have basic knowledge of this then you can ask on the forum and you will be guided.
Going forward please do not post screenshots of your holdings as it dampens your privacy. You can also edit your post and remove this one. Also if you’re planning to add more bitcoin to your holdings then you might need to set up a cold storage like purchasing a hardware wallet. You can continuously keep buying bitcoin when you have the fund never wait for any price retracement as that will be a wait too risky if it doesn’t fall back
Here is the link to download an electrum wallet https://electrum.org/#home
Going forward please do not post screenshots of your holdings as it dampens your privacy. You can also edit your post and remove this one. Also if you’re planning to add more bitcoin to your holdings then you might need to set up a cold storage like purchasing a hardware wallet. You can continuously keep buying bitcoin when you have the fund never wait for any price retracement as that will be a wait too risky if it doesn’t fall back
Here is the link to download an electrum wallet https://electrum.org/#home
Now is the best time to buy Bitcoin as it is falling
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