my small investment - page 3. | Bitcointalksearch.org

Blitzboy

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Quote from: rikybrosh on July 17, 2023, 01:26:39 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.

rikybrosh

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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.

Minhxx

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Quote from: Mr.corol on March 14, 2023, 12:24:34 AM

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 should invest more and accumulate every month, the market will go up and down, so if you are a long-term investor you should limit your interest in the price of bitcoin, it will affect your psychology.

mamesso

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Quote from: Games.Bitcoin on July 16, 2023, 06:46:37 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.

Looks like you came too late friend. Op started the topic with the title "my small investment". Of course he started investing on a small scale due to very limited capital. Op has added another $50 Investment amount because his belief in Bitcoin is very strong, he believes in the potential that Bitcoin has will increase in the future. Unfortunately Op doesn't have enough money to buy Bitcoins, but his awareness of Bitcoins has given him the opportunity to reap huge profits when he holds large amounts of funds.

Tony116

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Quote from: alastantiger on July 15, 2023, 03:49:53 PM

Quote from: usekevin on July 15, 2023, 03:14:27 PM

Now check the price of bitcoin,it already reach the good value of 30k dollars.Since you bought at 22k dollars,you may earn some money from it.Total you had brought of 70$ worth of bitcoin.With my knowledge you may earned 30-50$ additional from your investment.It’s better to inverse in most of the altcoin also to get multiple profit.As we know the price of most of the altcoin will increase with the increase in bitcoin price.

Maybe he needs to have Bitcoin before having altcoin. It may not even matter whether he makes massive profit or not at the moment, I think he just wants to consistently DCA until a target amount. There are good altcoins too but since Bitcoin is king and everyone is to talking and holding bitcoin, I see no reason why he shouldn't.

Many people will object when we mention altcoins here, but I also agree with the thought that switching to altcoins would probably be better for the OP. Because with that small amount of capital, it is tough to make a significant profit when investing in bitcoin. Furthermore, not all altcoins are equally risky, ETH or BNB are also altcoins that have the potential for better returns than bitcoin and are not as risky as the rest. Instead of investing that small amount in bitcoin to get x2, x3 profit, we can consider investing in ETH, and the return can be x10. When we have more money, we can reinvest in bitcoin.

petulino

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Quote from: Games.Bitcoin on July 16, 2023, 06:46:37 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 Bitcoin is a good crypto currency for investment but considering its price it requires a large capital to get good returns. If a small amount of money is invested in Bitcoin, the return on investment is very low. Therefore, to invest in Bitcoin, you should either increase your capital or choose one of the top and strongest coins in the market and try your luck by investing there. If investment in altcoin gives good profit then invest your profit in Bitcoin. In this way, you will continue to invest in altcoins for the short term and invest your profits in Bitcoin for the long term, because Bitcoin is a great option for long-term investment, but one should review their investment amount because if someone wants to invest $50 or $70 then don't expect big profit.

Games.Bitcoin

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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.

Lamkuthang

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Quote from: Mr.corol on March 14, 2023, 12:24:34 AM

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.

Friends, if you buy BTC for $ 14.55 for 22k and until now you are still holding on. you are the next candidate investor. it means that the motivation is already there in yourself, you just don't have big money to go in and buy more. But, it's a good business in my opinion even though the acquisition value is small.

Amejoaquim

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Thats Great, happy for you. That just beginning and i has same faith like you. I believe crypto will rise and reach another ATH in the next few years, just be patient and invest only money you can afford to lose then it will be fine.

bosede1

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Most people started little at first before investing a large sum when they access one, if you can hold your coin like you said it will be nice and I hope as of today that I'm submitting my point you haven't panicked sold but holding.

alastantiger

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Quote from: usekevin on July 15, 2023, 03:14:27 PM

Now check the price of bitcoin,it already reach the good value of 30k dollars.Since you bought at 22k dollars,you may earn some money from it.Total you had brought of 70$ worth of bitcoin.With my knowledge you may earned 30-50$ additional from your investment.It’s better to inverse in most of the altcoin also to get multiple profit.As we know the price of most of the altcoin will increase with the increase in bitcoin price.

Maybe he needs to have Bitcoin before having altcoin. It may not even matter whether he makes massive profit or not at the moment, I think he just wants to consistently DCA until a target amount. There are good altcoins too but since Bitcoin is king and everyone is to talking and holding bitcoin, I see no reason why he shouldn't.

Inwestour

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Quote from: CageMabok on July 15, 2023, 01:15:27 PM

Endurance and patience as well as the problems faced by everyone in this world are very diverse, so it is true that not everyone can survive in difficult conditions not to sell any assets they currently own. And I don't think it's an issue to be concerned about because as long as someone can stick with continuing to apply DCA to Bitcoin, he's bound to find a very decent profit when Bitcoin moves to create a new ATH at a time that no one expects. Daily needs are part of everyone's economy and this cannot be avoided because everyone who is still alive in this world always needs to eat to be healthy at all times.

The DCA also requires us to choose a suitable buying period so that the average purchase price is formed at the bottom of the market, rather than making a mistake with the buying time and not buying when the price approaches the ATH. This is important in all cases if you have little capital or good funds to invest. I believe that after a certain level, you should stop buying and you need to accumulate capital for further investments, or in case a significant drawdown follows.

usekevin

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Now check the price of bitcoin,it already reach the good value of 30k dollars.Since you bought at 22k dollars,you may earn some money from it.Total you had brought of 70$ worth of bitcoin.With my knowledge you may earned 30-50$ additional from your investment.It’s better to inverse in most of the altcoin also to get multiple profit.As we know the price of most of the altcoin will increase with the increase in bitcoin price.

lizarder

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Quote from: Mr.corol on March 14, 2023, 12:24:34 AM

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

Running a DCA strategy can bring you at a much larger investment stage and hold Bitcoin in the long run is the power that can generate large profits. Maintain the pattern you are doing now and in my opinion this is the right step because if I'm not mistaken you lack capital for investment, so this pattern is the most appropriate step and will be a strategy that you can apply.

Quote from: Mr.corol on March 14, 2023, 12:24:34 AM

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

Not everyone has a lot of money, but there are ways we can do even if our capital is not too big. Using a DCA pattern can bring us at the stage to collect bitcoin and many people have implemented this strategy.

MiF

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Quote from: Mr.corol on March 14, 2023, 12:24:34 AM

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.

Small capital needs a long time to earn so forget your investment and set it for 10 years after 10 years look back to your wallet and see the earnings,if you are lucky then you will be the next bitcoin millionaire yen years from now just like what happened to those who buy btc on year 2010 ans sell it on year 2021 bitcoin is good investment base on the past price chart i am sure that the people who believe in bitcoin during the time that it is not that pooular is now a millionaire.

CageMabok

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Quote from: odunybiz on July 14, 2023, 07:54:17 PM

It's a great thing doing DCA but may be difficult sometime to keep till next ATH especially if one is from a country where you struggle to meet daily needs. It really take great endurance for someone suffering when he has something he/she can sell for money. I've seen cases where people almost all what they have in their wallet to solve natural problems. But if one can endure the pains and keep buying gradually without selling, believe me, it will make you laugh at last.

Endurance and patience as well as the problems faced by everyone in this world are very diverse, so it is true that not everyone can survive in difficult conditions not to sell any assets they currently own. And I don't think it's an issue to be concerned about because as long as someone can stick with continuing to apply DCA to Bitcoin, he's bound to find a very decent profit when Bitcoin moves to create a new ATH at a time that no one expects. Daily needs are part of everyone's economy and this cannot be avoided because everyone who is still alive in this world always needs to eat to be healthy at all times.

wtsimis

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From the small the greater is created. A small investment can often make a meaningful impact. A financial foundation is essential for building a secure future, but that financial growth must be largely through risk free investments. Small investments may seem insignificant at times compared to large investments, but the small startup investment landscape serves as a foundation for learning and gaining experience. Small investments and good decisions grow over time through compounding. Small investments can keep you financially independent. A small investment held for the long term certainly has the potential to yield significant returns. Remember, it's not the size of the investment that matters most, but rather the commitment and consistency in nurturing it towards its full potential.

nesty

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Quote from: Mr.corol on March 14, 2023, 12:24:34 AM

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.

As of this time if you did not sell your bitcoin investment even if you invested a small amount I am sure you earn a profit out of your investment already. As of today the price of bitcoin $30K+ and when you invested the price of bitcoin was around 22K. That is a good mindset that you would still invest when you have opportunity. But of course make sure that you will invest only your excess funds so that your daily financial needs will not suffer once you invested. Try to find other side jobs so that you could have excess funds to invest. Good luck on your future investments and keep that kind of mindset.

Ale88

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Quote from: Mr.corol on March 14, 2023, 12:24:34 AM

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.

odunybiz

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Quote from: paid2 on March 14, 2023, 12:27:24 AM

Quote from: Mr.corol on March 14, 2023, 12:24:34 AM

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.

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

Keep it up, DCA and hold until next ATH if you can !

It's a great thing doing DCA but may be difficult sometime to keep till next ATH especially if one is from a country where you struggle to meet daily needs. It really take great endurance for someone suffering when he has something he/she can sell for money. I've seen cases where people almost all what they have in their wallet to solve natural problems. But if one can endure the pains and keep buying gradually without selling, believe me, it will make you laugh at last.

Topic: my small investment - page 3. (Read 1481 times)