my small investment - page 2. | Bitcointalksearch.org

bitterguy28

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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.

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.

kro55

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Quote from: buwaytress on July 18, 2023, 04:00:10 AM

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

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.

I would really like to disagree here. I started saving my first coins for extremely small jobs, amounts that seem insignificant to me today, 7 years later. $4 per job was how I started out, no kidding. That's where the beauty of DCA will pay dividends. Of course, BTC was around $400 then and I don't expect it to grow x70 in 2030 (but hey, who knows) -- but even a halving period makes a difference in all the hard work you put in with DCA over a period of years.

OP, as any person would, should earn more as they become more skillful, over time. This should also mean their disposable income grows. Bigger buys with time. I'd celebrate the starting out, it's the habitualising that's hard to do.

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.

rojan

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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.

It will be better for you if you can keep your invested bitcoin for a long time. Because we know that bitcoin market will grow very fast. But you may have got a good profit for the time you invested in bitcoin. Bitcoin price now Above 30k$. You can be a successful investor from your small investment one day. We always have to invest for long term. Investing for long term will give more profit amount. Hope now if Bitcoin for 10 years Investments can be expected to yield good returns after 10 years.

laurenB7742

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Quote from: Pmalek on July 18, 2023, 02:25:58 PM

Quote from: Dimitri94 on July 18, 2023, 06:36:01 AM

Since you are interested in Bitcoin investment, your current Bitcoin amount may be small, but it will eventually grow if you continue to accumulate Bitcoins as much as you can.

OP only bought around 15$ worth of bitcoin the first time. The coin's value will have to go up to $44.000 for him to double his money. Even if/when it does, he will only profit around $15 on that trade. I don't know where OP lives, but in most parts of the world, you can't get much done with $15 in your pockets. It's good to start somewhere, but one soon realizes that small investments like that aren't worth it.

Indeed, even if he comes from the poorest country in the world, $15 or $30 won't do him much good. I'm not saying his investment is useless, but he needs to replenish his investment every time he has money and requires more than this if he wants to get substantial rewards back. Bitcoin is a potential investment that can give us significant returns but not an investment that will make us rich with a small amount of capital.

Bitcoin used to deliver thousands or hundreds of thousands of percent returns in the past, but that is no longer the case. So if someone is looking for an investment that can yield such huge returns, bitcoin is not an option.

famososMuertos

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Quote from: Crypt0Gore on July 18, 2023, 05:06:37 AM

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

...//:::

Why can't you invest more dollar? That should be the goal, but I feel like you don't have much going on in your life, I don't mean to be harsh, I feel like you don't have a job or a business for yourself, investing all you can into Bitcoin is not the problem..

How are you going to survive without a job or a business? What if it takes longer for Bitcoin to reach a new all time high?.

Because if you have a job you will constantly keep buying Bitcoin, and we both know that 14$ and 50$ invested in Bitcoin is very small, what type of gains are you expecting with such little amount of money invested? It's not as if Bitcoin will do a 1000x gain.

It's better you find a source of income and start using some part of your income to invest in Bitcoin, this will set you up for a financial breakthrough journey in the future.

Where he^[people] is going to be or where he^[people] is, is not the point, it is that he^[people] arrived, if people were willing to start, get out of 0BTC, it would be the super adoption, there is a very hackneyed phrase that says that the intention does not count, what counts is doing it, starting is the key and he has achieved it.

Then, let him be, he already belongs to the group of people who have bitcoin billions of people do not have it, he is already different, he is part of the change, hence, being part of the future, never has been so easy, that is the true objective in individual adoption, the people buy-sell-hodl, etc. bitcoin.
Consequently regardless of the amount, that is the meaning of the existence of SAT.

JoyMarsha

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Your small investment in bitcoin can be small in people's eyes because of how expensive bitcoin is, but don't worry you are on the right track and you are investing with the amount you can afford to lose. Only with a small increase in the price of bitcoin, you have got some profits. That's how it does seem when you invest in volatile assets. Its price will be at increase and decrease all the time without the control of anyone.

Keep putting your little funds into bitcoin investments. In the long term, hopefully, the small investment you made will bring you returns that you never anticipated. Time and patience are necessary

Pmalek

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Quote from: Dimitri94 on July 18, 2023, 06:36:01 AM

Since you are interested in Bitcoin investment, your current Bitcoin amount may be small, but it will eventually grow if you continue to accumulate Bitcoins as much as you can.

OP only bought around 15$ worth of bitcoin the first time. The coin's value will have to go up to $44.000 for him to double his money. Even if/when it does, he will only profit around $15 on that trade. I don't know where OP lives, but in most parts of the world, you can't get much done with $15 in your pockets. It's good to start somewhere, but one soon realizes that small investments like that aren't worth it.

AnonBitCoiner

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Buying more bitcoin is profitable but try to save some amount of cash for emerged purposes as you will need it and you will not be able to sell your bitcoin at the time when the price will down. You buy bitcoin at a good price and I hope you will have still hold your bitcoin for profit so if you have then you will definitely achieve maximum amount of profit now as the price of bitcoin is above 31k$.

You will see more opportunities to get more revenue as the price goes more up during halving therefore try to be patience and wait some more to be a wealthy person. Bitcoin investor surely get the desire outcomes during the favourable condition so wait few months more to see how profitable investment it is.

Wimex

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It is interesting that you bought Bitcoin when it was at $22,000 and now it is around $29,000. If you still keep your investment, I wonder how much you will have now? .. Bitcoin price volatility is a common feature and it is normal for investors to have different strategies and beliefs about its future value. Keeping your investments for the long term implies an extended time horizon and an attitude of not getting carried away by the daily fluctuations of the market…. I always recommend to people on the forum who invest in Bitcoin to be cautious and know the risks involved... diversifying your investment portfolio and not investing more than you are willing to lose, are notions of financial education that we should all have. I congratulate you because your investment is paying off and more since it is from BTC

Z_MBFM

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Quote from: Dimitri94 on July 18, 2023, 06:36:01 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.

Since you are interested in Bitcoin investment, your current Bitcoin amount may be small, but it will eventually grow if you continue to accumulate Bitcoins as much as you can. People who plan to invest in Bitcoin for the long term they will never loss. Typically those who buy bitcoins and cannot hold they will suffer. I appreciate you for choosing a small amount but reliable investment platform. In Bitcoin even if your investment is small, it can give you a good profit in the long run. Bitcoin has already crossed 30k and is expected to continue its upward trend day after day.

If op buys bitcoins at 22k and still holds them then he is already in big profit. And if he can patiently hold more long term then he can gain several times. $50 investment is not a small amount for beginners. So his investment is really appreciated. I think he now understands the bitcoin investment benefits and he will hold it for a longer time and if he can afford it he will buy some more bitcoins and follow DCA. Then it will be a plus point for his future

Dimitri94

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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.

Since you are interested in Bitcoin investment, your current Bitcoin amount may be small, but it will eventually grow if you continue to accumulate Bitcoins as much as you can. People who plan to invest in Bitcoin for the long term they will never loss. Typically those who buy bitcoins and cannot hold they will suffer. I appreciate you for choosing a small amount but reliable investment platform. In Bitcoin even if your investment is small, it can give you a good profit in the long run. Bitcoin has already crossed 30k and is expected to continue its upward trend day after day.

Crypt0Gore

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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.

Why can't you invest more dollar? That should be the goal, but I feel like you don't have much going on in your life, I don't mean to be harsh, I feel like you don't have a job or a business for yourself, investing all you can into Bitcoin is not the problem..

How are you going to survive without a job or a business? What if it takes longer for Bitcoin to reach a new all time high?.

Because if you have a job you will constantly keep buying Bitcoin, and we both know that 14$ and 50$ invested in Bitcoin is very small, what type of gains are you expecting with such little amount of money invested? It's not as if Bitcoin will do a 1000x gain.

It's better you find a source of income and start using some part of your income to invest in Bitcoin, this will set you up for a financial breakthrough journey in the future.

buwaytress

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

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.

I would really like to disagree here. I started saving my first coins for extremely small jobs, amounts that seem insignificant to me today, 7 years later. $4 per job was how I started out, no kidding. That's where the beauty of DCA will pay dividends. Of course, BTC was around $400 then and I don't expect it to grow x70 in 2030 (but hey, who knows) -- but even a halving period makes a difference in all the hard work you put in with DCA over a period of years.

OP, as any person would, should earn more as they become more skillful, over time. This should also mean their disposable income grows. Bigger buys with time. I'd celebrate the starting out, it's the habitualising that's hard to do.

kro55

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*STOP NOWHERE*

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.

Litzki1990

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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.

Kaliandra

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Quote from: ?? on ??

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.

I agree with your opinion and in my opinion the op is lucky to be able to buy btc at a low price, namely at $ 22k and I think by investing starting from small money first I think it's a good thing because the level of risk is also not too big when investing with money small. indeed, if investing with small money, of course, the profit will not be like investing with big money, but investing with small money is also a good thing. because I think it's better to invest than not.

freedomgo

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Quote from: Ale88 on July 14, 2023, 08:10:46 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.

Rome wasn't built in a day. Keep going, keep making money, and keep buying bitcoin if you have some extra money. Of course I don't know how much money you make, what your financial situation is, etc etc, but check if you can cut some unnecessary expenses like eating out, buying clothes too often and other stuff like that. Or you can even rank up in this forum and join some signature campaign.

Perfect example to keep the OP motivated, way to go mate! Grin

Although I don't think that he needs any of it by the way because judging from his move, I know that he is not the type of investor that just invested without proper knowledge but did it anyway because he felt that almost everyone is doing it and that bitcoin is making noises lately. In simple terms, just rode the wave without knowing which direction will the wave go.

To the OP, just follow your instincts mate and continue to buy while it's still selling at a much cheaper price. Take advantage while the opportunity is still there, you are not that late.

Bd officer

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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.

Congratulations OP, you invested in Bitcoin at the right time. OP have you held onto your investment yet? Now the price of Bitcoin is above 30k, showing more than 50% profit on your investment. It is better to invest small amount to get idea of investment first. You bought bitcoin when was 19k, now bitcoin is over 30k. Bitcoin price is still low, you can increase your investment amount if you want.

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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.

Blitzboy

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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.

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