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Quote from: Tipeform$ on February 13, 2024, 06:24:06 PM

Quote from: Mr.corol on March 13, 2023, 11:24:34 PM

I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.

If you have been investing using the DCA method since the time you invested then I think you have been very successful. Think about buying your bitcoins at $19k and at $22k how much profit you would have had if you had bought a lot more bitcoins at that time. There are many people who have a lot of money to invest but cannot take risks at the right time due to which they cannot succeed despite having a lot of money. The current bitcoin market is at $50,000. This is not a bull run in the market. The bull season will definitely start after the halving. So it is good to take risk in life but it is in currency like Bitcoin then I think a person can change his position very soon.

Well, we are not sure if the OP is successful or not because there are no more updates about him, nor has he given any more updates about his investment in bitcoin. But if he starts at that time and at that bitcoin price, and imagine the amount of bitcoin he has because he is continuously adding more bitcoin, then imagine the profit he has now. Really, the magic of bitcoin is that if you have enough patience and a good mindset, you will be rewarded. Sadly, I didn't start early in bitcoin, and I missed those bull runs, but now I make up for it. Even though the bitcoin price now seems scary and risky, I still invest in it as I know bitcoin will keep on increasing over time or in the long term, so it's worth waiting, especially now that the speculated bull run might come. I need to prepare by gaining more satoshis.

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Quote from: Mr.corol on March 13, 2023, 11:24:34 PM

I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.

If you have been investing using the DCA method since the time you invested then I think you have been very successful. Think about buying your bitcoins at $19k and at $22k how much profit you would have had if you had bought a lot more bitcoins at that time. There are many people who have a lot of money to invest but cannot take risks at the right time due to which they cannot succeed despite having a lot of money. The current bitcoin market is at $50,000. This is not a bull run in the market. The bull season will definitely start after the halving. So it is good to take risk in life but it is in currency like Bitcoin then I think a person can change his position very soon.

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Practice makes perfect. You practice first by making small investments. From small investment your investment will gradually grow and your experience will increase. Of course you can expect better results when experience increases. Don't worry if your investment is too small.

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Quote from: Essential10 on July 25, 2023, 12:22:39 PM

Quote from: Mr.corol on March 13, 2023, 11:24:34 PM

I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.

Just as people grow from small to big, small investments lead to big investments. Many people who invested in Bitcoin or crypto currency in 2022 got very good returns. Suppose you have 1000$ and you invested it after a year and got 10% return. On the other hand, another person invested 10000$ and after a year he also got 10% return. Here one person got 100$ and another got 1000$ but the difference is that one got 1000$ and another invested that 1000$. The more money you invest, the more likely you are to be successful there. How big your dream can be is limited by the money cap. You should invest only when you are not doing anything with the money after meeting all your needs.

It is true that man grows up slowly if he has effort but besides having man's effort, man must give full attention to the particular task. OP has started investing with a small amount of money so we can welcome him but if OP does not continue his investment then this small amount of investment will not lead to his profit or loss. If he can invest consistently then he can expect good things. OP would definitely not be one of those investors who invest a small amount of money and end their investment journey right there without continuing to invest. PHopefully he will invest consistently and at some point when his capital is big enough he will dream big about his investment.

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Quote from: Ale88 on July 25, 2023, 01:14:09 PM

Quote from: Smack That Ace on July 17, 2023, 02:43:59 AM

Quote from: Blitzboy on July 17, 2023, 01:18:31 AM

Quote from: rikybrosh on July 17, 2023, 12:26:39 AM

that is good decision. I think buy bitcoin is always profitable although if you buy at highest price it is only matter of time until you will get the profit. but it is only okay if it is bitcoin, I don't recommend this for altcoin trading. if you just have small amount of money to invest then I suggest you to focus on bitcoin only. altcoin trading is very risky and tricky, some traders use their capital to manipulate the price also they usually very active at night when most of novice traders are sleep and don't have control to their fund which is in form of altcoin. it is important to determine the true price before buy altcoin so you will always have a good position, that is just a little bit of my advice for you if you have big capital to start altcoin trading in the future, just in case. for now I think it will be better if you buy bitcoin only.

Bitcoin is the crypto industry's granddaddy and has stood the test of time. Still, I have to admit some scepticism. Bitcoin has been around longer and has a better reputation, but that doesnt imply its always the best investment option. Ethereum's meteoric surge is only one example; other surprise winners include BNB and DOT.

Not to discount Bitcoin's usefulness; nonetheless, if you want to take a scholarly approach to crypto investing, you need learn about the underlying technologies and possible applications of each coin. The results of such an analysis may indicate winners in markets other than Bitcoin.

The potential for profit in altcoin trading is enormous. There is danger, but there is also the possibility of enormous rewards. This, of course, calls for greater insight and more hands-on portfolio management. Learning how to trade in altcoins could be a fun challenge if you've caught the crypto bug.

I don't advise OP to invest in altcoins, but if it were me, I would also think about investing in altcoins with that money rather than bitcoin. Although investing in altcoins is riskier, their returns will be more substantial, allowing us to change positions faster. Altcoins like ETH or BNB are also suitable for long-term holding like bitcoin. Of course, they are not safer than bitcoin, but the returns will be substantial, and they are also not as risky as many other altcoins. But everyone has their own opinion, and the final decision is still the OP's.

I totally agree with you: when I need to give a suggestion I always prefer to play it safe and say just buy bitcoin but, in case they actually insist to buy some altcoins as well I would choose ETH and BNB. The first can be used for many different uses and potentially its grow during a bull market could be even bigger than bitcoin's; the second is pretty much the coin of the crypto Amazon, the more Binance grows and the more its value will increase as well.

Honestly, investing in altcoins isn't bad, but why do so many people hate it? are people being too stubborn to think that only bitcoin is worth investing in and the rest are not? Many people have become rich with bitcoin, but there are also many people who have changed their lives by investing in altcoins.
While the market is bleak, bitcoin is not showing any positive movement either, but if we look at Doge, it is going up very impressively and I bought Doge 2 weeks ago.

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Quote from: Essential10 on July 25, 2023, 12:22:39 PM

Quote from: Mr.corol on March 13, 2023, 11:24:34 PM

I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.

Just as people grow from small to big, small investments lead to big investments. Many people who invested in Bitcoin or crypto currency in 2022 got very good returns. Suppose you have 1000$ and you invested it after a year and got 10% return. On the other hand, another person invested 10000$ and after a year he also got 10% return. Here one person got 100$ and another got 1000$ but the difference is that one got 1000$ and another invested that 1000$. The more money you invest, the more likely you are to be successful there. How big your dream can be is limited by the money cap. You should invest only when you are not doing anything with the money after meeting all your needs.

Whilst this may be the case, it is certainly not possible to expect that a small investment will turn into a large profit.
In accordance with the context of the actual title when talking about bitcoin, although I strongly agree that there will definitely be returns if you are patient and continue to hold but when talking about profits all return to the initial capital.
Small investments are not a problem but it would be great if the investments made continue gradually because in this case it all depends on the efforts we make.
Being in bitcoin will certainly be very good regardless of the amount but when the investment made now is small then in this case do not expect the return to be very large because everything adjusts.

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Quote from: Smack That Ace on July 17, 2023, 02:43:59 AM

Quote from: Blitzboy on July 17, 2023, 01:18:31 AM

Quote from: rikybrosh on July 17, 2023, 12:26:39 AM

that is good decision. I think buy bitcoin is always profitable although if you buy at highest price it is only matter of time until you will get the profit. but it is only okay if it is bitcoin, I don't recommend this for altcoin trading. if you just have small amount of money to invest then I suggest you to focus on bitcoin only. altcoin trading is very risky and tricky, some traders use their capital to manipulate the price also they usually very active at night when most of novice traders are sleep and don't have control to their fund which is in form of altcoin. it is important to determine the true price before buy altcoin so you will always have a good position, that is just a little bit of my advice for you if you have big capital to start altcoin trading in the future, just in case. for now I think it will be better if you buy bitcoin only.

Bitcoin is the crypto industry's granddaddy and has stood the test of time. Still, I have to admit some scepticism. Bitcoin has been around longer and has a better reputation, but that doesnt imply its always the best investment option. Ethereum's meteoric surge is only one example; other surprise winners include BNB and DOT.

Not to discount Bitcoin's usefulness; nonetheless, if you want to take a scholarly approach to crypto investing, you need learn about the underlying technologies and possible applications of each coin. The results of such an analysis may indicate winners in markets other than Bitcoin.

The potential for profit in altcoin trading is enormous. There is danger, but there is also the possibility of enormous rewards. This, of course, calls for greater insight and more hands-on portfolio management. Learning how to trade in altcoins could be a fun challenge if you've caught the crypto bug.

I don't advise OP to invest in altcoins, but if it were me, I would also think about investing in altcoins with that money rather than bitcoin. Although investing in altcoins is riskier, their returns will be more substantial, allowing us to change positions faster. Altcoins like ETH or BNB are also suitable for long-term holding like bitcoin. Of course, they are not safer than bitcoin, but the returns will be substantial, and they are also not as risky as many other altcoins. But everyone has their own opinion, and the final decision is still the OP's.

I totally agree with you: when I need to give a suggestion I always prefer to play it safe and say just buy bitcoin but, in case they actually insist to buy some altcoins as well I would choose ETH and BNB. The first can be used for many different uses and potentially its grow during a bull market could be even bigger than bitcoin's; the second is pretty much the coin of the crypto Amazon, the more Binance grows and the more its value will increase as well.

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Quote from: Mr.corol on March 13, 2023, 11:24:34 PM

I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.

Just as people grow from small to big, small investments lead to big investments. Many people who invested in Bitcoin or crypto currency in 2022 got very good returns. Suppose you have 1000$ and you invested it after a year and got 10% return. On the other hand, another person invested 10000$ and after a year he also got 10% return. Here one person got 100$ and another got 1000$ but the difference is that one got 1000$ and another invested that 1000$. The more money you invest, the more likely you are to be successful there. How big your dream can be is limited by the money cap. You should invest only when you are not doing anything with the money after meeting all your needs.

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Quote from: cheezcarls on July 24, 2023, 05:32:34 PM

Quote from: Mr.corol on March 13, 2023, 11:24:34 PM

I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.

If only I had done that years ago when I was broke, I could have at least made an insane profit.

It was around February 2014 when I have created my account here on Bitcointalk. I only know about Bitcoin being a "stock-like" asset however I was broke.

I thought that I need to buy 1 BTC which was under $600 back then, but I didn't know that I could buy fractions of it like even just $10 or $20 worth of it and hold. I wasn't educated back then.

So I ignored it for more than 3 years. When I got back into BTC, it was the first time that it reached $10k sometime mid-2017.

I have nothing but regrets. Fast forward to today, I do have my BTCs (but not 1 BTC) that I have DCA for months and most of them were in profit already. But I will just hold and see where it will end up in the next year's halving.

Well the good thing is that your regret does not stopped you in buying Bitcoin but it fuels you to strive more. Honestly, I hold more than 12 BTC way back in 2016, but then due to the need for funds for a house renovation, and at the same time payment for the acquisition of a new property, I sold them all. Thinking now, I could have bought 4 or 5 times that property if I decided to hodl, but what happens happened, there is no room for regret but must be more aggressive on accumulating BTC. It is not late for reinvestment and accumulation, and the crypto industry is still young.

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Quote from: Mr.corol on March 13, 2023, 11:24:34 PM

I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.

If only I had done that years ago when I was broke, I could have at least made an insane profit.

It was around February 2014 when I have created my account here on Bitcointalk. I only know about Bitcoin being a "stock-like" asset however I was broke.

I thought that I need to buy 1 BTC which was under $600 back then, but I didn't know that I could buy fractions of it like even just $10 or $20 worth of it and hold. I wasn't educated back then.

So I ignored it for more than 3 years. When I got back into BTC, it was the first time that it reached $10k sometime mid-2017.

I have nothing but regrets. Fast forward to today, I do have my BTCs (but not 1 BTC) that I have DCA for months and most of them were in profit already. But I will just hold and see where it will end up in the next year's halving.

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Quote from: flyingcarpet on July 20, 2023, 03:01:15 AM

Quote from: RewFrew on July 20, 2023, 02:47:42 AM

Quote from: Mr.corol on March 13, 2023, 11:24:34 PM

I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.

At first small investment is best. Because for investment in anywhere need exprience at first. So if you invest big amount at first then it has big possibility to loss money. I was also invested small amount at first. In 2016 when bitcoin price was $12k to $15k then i was bought $100 and several times i did buy and sell. And then my profit was near anout $350. And from then i am buying bitcoin and still i am buying and holding bitcoin. When ii get money from anywhere $5-$10 i buy bitcoin. Now my total balance is near about $3k. I want to hold it for long time. My first target is $100k. When bitcoin price will hit $100k then i will sell it. So i am agree with you. Small investment is best i also think.

Everyone invests as much as they can. As soon as his expectations are met, he will either sell or continue to hold his Bitcoins. This is one of the good aspects of Bitcoin. People from all walks of life invest in Bitcoin because they trust it. Regardless of your financial situation, anyone who wants to invest can invest.

Most people aim for 100k. We have learned to wait in the past. This gives us an edge while we wait after Bitcoin's purchase. Patience is one of the most important things for an investment.

A person can invest as much money as he can save. A crypto investor's future plan is to hold his bitcoins securely. But there are many people whose financial position is not good but are interested in investing. But if there is no money there are many people who plan to invest with loans but it is not a good decision at all. So I think it would be better if someone invests but with his savings. People basically invest in Bitcoin for a long period of time they hold for $100k and everyone waits for it. And it is true that investing in Bitcoin for a long period of time requires patience if it is possible to get success in the future.

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Quote from: bitterguy28 on July 18, 2023, 10:47:28 PM

Quote from: Mr.corol on March 13, 2023, 11:24:34 PM

I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.

you must not force yourself from investing because the capacity to risk is limited for cryptocurrency investing and also if that is what you can afford then just let it be .I also started investing that small amount way back because those times I am still not convinced of its power not until time comes that I fully trusted and support that I even sell my Motorbike just to invest and keep it holding back in 2020.

Starting to make an investment is certainly not easy, so if you do it right away, it's certainly very good, you don't need to be discouraged that the investment value is not too large. I agree with the colleague above that there is no need to push yourself if you really don't have the ability to invest more than you can do. so it is always adjusted according to the abilities you have, because all of this is to avoid unwanted problems in the future.

but when you do have the opportunity to increase your investment again, of course it is very good, just like our colleague who sell vehicles for investment intentions because they are very sure that the investment made will definitely be profitable. there is still quite a long time when there will indeed be an increase, so it will be open to be able to increase investment.

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Quote from: Mr.corol on March 13, 2023, 11:24:34 PM

I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.

No trader or super professional who has been trading on the market for 20 years will tell you how much bitcoin will cost in a couple of hours. Everyone would like to know where the bottom is for the price, and buy there for the whole fiat. But unfortunately it is impossible to find out. I want to give advice - buy in parts, so of course you will not catch the lower value of the price with your entire deposit, but you will not be left with anything.

It is also possible to sell, because all the words written above about guessing the price also apply to the maximum price of bitcoin.

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Quote from: kro55 on July 18, 2023, 10:00:57 PM

That means you have been DCAing for many years, and of course, your rewards will be huge. And you got me wrong, I mean, OP shouldn't rush to celebrate, but he should work hard and save more to invest more in bitcoin. He shouldn't be too daydreaming about that small investment and think that just that $15 one-time investment will make him rich. Bitcoin is not going to go up a million times and turn that $15 into a few million dollars. We can start with the smallest capital we have but keep accumulating over time, don't stop and expect a big reward with a few dollars capital.

Yup. To note, when I started out, not a few people were discouraging newcomers like me, saying the peak had come and gone. I remember very well that loud voices were saying 1k would never come again. I'm not saying they'd be wrong today, just saying DCA is meant to last many years for results.

Definitely can't dream big though. I had to liquidate a couple years back -- and it wasn't like I was fabulously wealthy, but it did allow to afford a personal "crisis".

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Quote from: flyingcarpet on July 20, 2023, 03:01:15 AM

Quote from: RewFrew on July 20, 2023, 02:47:42 AM

Quote from: Mr.corol on March 13, 2023, 11:24:34 PM

I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.

At first small investment is best. Because for investment in anywhere need exprience at first. So if you invest big amount at first then it has big possibility to loss money. I was also invested small amount at first. In 2016 when bitcoin price was $12k to $15k then i was bought $100 and several times i did buy and sell. And then my profit was near anout $350. And from then i am buying bitcoin and still i am buying and holding bitcoin. When ii get money from anywhere $5-$10 i buy bitcoin. Now my total balance is near about $3k. I want to hold it for long time. My first target is $100k. When bitcoin price will hit $100k then i will sell it. So i am agree with you. Small investment is best i also think.

Everyone invests as much as they can. As soon as his expectations are met, he will either sell or continue to hold his Bitcoins. This is one of the good aspects of Bitcoin. People from all walks of life invest in Bitcoin because they trust it. Regardless of your financial situation, anyone who wants to invest can invest.

Most people aim for 100k. We have learned to wait in the past. This gives us an edge while we wait after Bitcoin's purchase. Patience is one of the most important things for an investment.

Indeed, Bitcoin's democratic nature is its backbone. It welcomes all, regardless of their economic stature, with open arms. Everyone has an equal chance to participate in this digital gold rush. Empathy underscores Bitcoin's appeal; its community is united in their belief in the potential of this decentralized technology.

The goal of 100k is widely shared. Its a testament to the faith investors have in Bitcoin's potential. It also demonstrates a remarkable ability to remain patient, to weather market storms and HODL despite volatility. This capacity for long-term thinking is a hallmark of successful investing.

Being wise investors, we understand that Bitcoin is not just a tool for profit but also a beacon of hope for a decentralized future. We participate not just to secure our financial futures, but also to propel this vision. Its an optimistic view, but Bitcoin's past growth suggests its not unfounded. Together, we watch, wait, and hope for the best.

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Quote from: Games.Bitcoin on July 16, 2023, 05:46:37 AM

Your small investment can grow over time. Start by researching and understanding investment opportunities like Bitcoin and the risks associated with it. Keep in mind factors such as market trends, performance, overall stability of the investment. Start with small investments and gradually increase your investment over time. With small investments you can gain experience and confidence.

I think he is done with that already. He even have Bitcoins with him now and it's going to be his third time to buy another portion, just in case he already have a money. He did started small. This is perfect for beginners to minimize their losses because mistakes are there although all of us can have it but for those inexperienced users, it can come very often.

With the state of the OP, he is a poor guy so it might be hard for him to elevate his investment amount even if he already have an experience. I think the only thing that he can do for now is to wait or HODL until the bull run comes. After he sell and make profit, that must be the time for him to invest in greater amounts.

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Quote from: RewFrew on July 20, 2023, 02:47:42 AM

Quote from: Mr.corol on March 13, 2023, 11:24:34 PM

I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.

At first small investment is best. Because for investment in anywhere need exprience at first. So if you invest big amount at first then it has big possibility to loss money. I was also invested small amount at first. In 2016 when bitcoin price was $12k to $15k then i was bought $100 and several times i did buy and sell. And then my profit was near anout $350. And from then i am buying bitcoin and still i am buying and holding bitcoin. When ii get money from anywhere $5-$10 i buy bitcoin. Now my total balance is near about $3k. I want to hold it for long time. My first target is $100k. When bitcoin price will hit $100k then i will sell it. So i am agree with you. Small investment is best i also think.

Everyone invests as much as they can. As soon as his expectations are met, he will either sell or continue to hold his Bitcoins. This is one of the good aspects of Bitcoin. People from all walks of life invest in Bitcoin because they trust it. Regardless of your financial situation, anyone who wants to invest can invest.

Most people aim for 100k. We have learned to wait in the past. This gives us an edge while we wait after Bitcoin's purchase. Patience is one of the most important things for an investment.

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Quote from: Mr.corol on March 13, 2023, 11:24:34 PM

I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.

At first small investment is best. Because for investment in anywhere need exprience at first. So if you invest big amount at first then it has big possibility to loss money. I was also invested small amount at first. In 2016 when bitcoin price was $12k to $15k then i was bought $100 and several times i did buy and sell. And then my profit was near anout $350. And from then i am buying bitcoin and still i am buying and holding bitcoin. When ii get money from anywhere $5-$10 i buy bitcoin. Now my total balance is near about $3k. I want to hold it for long time. My first target is $100k. When bitcoin price will hit $100k then i will sell it. So i am agree with you. Small investment is best i also think.

xSkylarx

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Quote from: Litzki1990 on July 18, 2023, 11:28:42 PM

Quote from: kro55 on July 18, 2023, 03:53:22 AM

Quote from: Litzki1990 on July 18, 2023, 03:20:08 AM

When the price of Bitcoin was $22K you bought some Bitcoin but now the price of Bitcoin has increased to over $30K which means you may have made some money on your previous investment and your subsequent investment. If you could have invested some more money in Bitcoin at the time you invested in the second step, you might have earned a good profit from your investment. Anyway, congratulations on your investment. Don't take any investment as small as you start investing you can gradually increase the amount of investment. Whatever money you start with is very important for you because not everyone can decide to invest and even if they decide to invest, not everyone can invest.

OP is already profitable, but honestly, his investment is insignificant, so there's no need to celebrate. What he needs to do is find a way to generate more income and save more money to invest in bitcoin if he wants to get bigger things in the future. If he stops with that small capital even if bitcoin reaches 100k, the profit will be negligible and does not make any breakthrough for life. Bitcoin is not an investment that can make him rich with just a small amount of capital.

The market has grown significantly since the time OP invested, but even if the market moved from that state to the current state, OP's investment may not have changed much because he made a small investment that would not have seen much profit or loss since he started investing. So he should make a long term plan with this investment from now on. He should plan to increase his investment every month or at certain times if he can afford it. The OP can take this opportunity if he wants to, in case the price of bitcoin is close to $100K in the future.

He gained around $7, which is small but still good because you can't get it for free and also without doing anything. It is also a good start for him. I'm not sure if he will invest again in bitcoin or like accumulate it by buying on a weekly or monthly basis. For sure, when he sees the profit, he will think of going big, like allocating more money from his salary and putting it into bitcoin.

Litzki1990

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Activity: 1386

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Quote from: kro55 on July 18, 2023, 03:53:22 AM

Quote from: Litzki1990 on July 18, 2023, 03:20:08 AM

When the price of Bitcoin was $22K you bought some Bitcoin but now the price of Bitcoin has increased to over $30K which means you may have made some money on your previous investment and your subsequent investment. If you could have invested some more money in Bitcoin at the time you invested in the second step, you might have earned a good profit from your investment. Anyway, congratulations on your investment. Don't take any investment as small as you start investing you can gradually increase the amount of investment. Whatever money you start with is very important for you because not everyone can decide to invest and even if they decide to invest, not everyone can invest.

OP is already profitable, but honestly, his investment is insignificant, so there's no need to celebrate. What he needs to do is find a way to generate more income and save more money to invest in bitcoin if he wants to get bigger things in the future. If he stops with that small capital even if bitcoin reaches 100k, the profit will be negligible and does not make any breakthrough for life. Bitcoin is not an investment that can make him rich with just a small amount of capital.

The market has grown significantly since the time OP invested, but even if the market moved from that state to the current state, OP's investment may not have changed much because he made a small investment that would not have seen much profit or loss since he started investing. So he should make a long term plan with this investment from now on. He should plan to increase his investment every month or at certain times if he can afford it. The OP can take this opportunity if he wants to, in case the price of bitcoin is close to $100K in the future.

Topic: my small investment (Read 1563 times)