Topic: The future with Bitcoin is bright (Read 477 times)

That is the right thing to do. Now is the stage of accumulation. Buy as much as you can and remember not to invest more than you can lose. Because bitcoin can go deeper from here at anytime.
If you hodl from now till the first quarter of 2024, you will see a nice profit that will make you smile.

Sometimes, Bitcoin is more than what we expect, Bitcoin gives many benefits to people around the world. With Bitcoin, people are able to do investments although with a small amount of money. Bitcoin can unite the world because it can be used for global transactions. Through Bitcoin, we can know more people from around the world, look how this forum as part of Bitcoin also brings us to be here, united.

Bitcoin is worthy of investment as long as we really understand how to make investments appropriately and very well for ourselves based on our ability. But, on the other hand, Bitcoin may be harmful to some people ding investments if they are still blind to this and don't want to learn, only expecting for being rich very quickly.

But whatever the benefits of Bitcoin, many parties still hate Bitcoin, from the past present, and probably future. Because they cannot accept Bitcoins in their life, they will always spread FUD to blame and crash Bitcoin.

Do you have any other way you can make profits from investing in Bitcoin without HODLing them?? Ahaaa , ofcourse that's one of the ways to which you could earn Bitcoin. Well that's pretty simple since you ain't performing any task to actualize 'em...
Welcome on board and I guess you came with the right spirit -- every other regular rookie does, but you see, what' makes everyone different is the uniqueness -- I can never be you no matter how hard I try, so you better keep your head up and focus on how to get along with the moving train. Make sure to avoid centralized wallets, exchange, whatever... You could trade with them but, beCAREFUL.

Sandra 🧑‍🦰

You have just take a bold step that will enable you to achieve more in the crypto world. You are welcome onboard as you start your journey of becoming an investor with greater assets in the cryptocurrency space. You will need to get a skill on how the market works so that you will be able to learn what it takes to holds your coins safely without any detrimental attempt.

There are various ways to earn in cryptocurrency which depends on what you really wants and what aspect you will like to concentrate. You can decide to be a trader, miner, investors etc which would be based on your interest and capital.

You can take risk to store btc. Often reality is disappointing because of it's pricing! It can drop anytime💔

During these days most of those investor are in pain and disappointed who had bought Bitcoin at the top price I mean who bought it at around 60k, because they taught that it will rise up but didn't and now they are in huge loss if they didn't exist at 10% loss. So the main point is that you must have proper knowledge to find the best price to invest because if you bought Bitcoin at bottom it will be good for you because it will give you handsome profit and the reason is that in bull season Btc will mustly hit it's previous ATH and will make new ATH. but if you bought it like other who bought it at top then you will be disappointed from your step. But if you are long term investor then you will always be in happy 😊.

Buying bitcoin at a discount like now is certainly the right choice because so far bitcoin is one of the most promising cryptocurrencies and is likely to be able to provide greater returns for us in the long term than other coins, before really wanting to invest funds into in cryptocurrency investing for beginners you must first understand the risks of investing with bitcoin and you must always be prepared to face very volatile price movements at any time.

Price swings between increases and decreases are expected to continue. Given that numerous changes are currently taking place rather often, adjustments to how cryptocurrencies are regulated should be anticipated.The general acceptance of cryptocurrencies will persist. Currently, a large number of well-known businesses accept bitcoin payments, and more are constantly joining the list. Bitcoin is gaining popularity, and as a result, businesses and institutions are incorporating cryptocurrency services into their daily operations.

A better and brighter future is ahead for bitcoin.

You are right, Bitcoin has changed many people's lives. It has brought success to someone's life and has made someone's life destitute.

Investing in crypto is always risky but Bitcoin is always a good coin to invest in. You can invest in Bitcoin anytime for long time investment. Profits are guaranteed in long term bitcoin hold.

From the first day I was introduced to cryptocurrency, Bitcoin was the first currency that was properly explained to me. I was also introduced to Altcoins, but their ideas did not fully satisfy me, despite the fact that some of them are very straightforward and have a strong team with a bright future ahead.
Buying and holding Bitcoin is the way forward, and holding Bitcoin has changed so many people's lives for the better, as early Bitcoin investors can attest. Don't pass up another opportunity to obtain Bitcoin at a low cost.

Bitcoin changing lives is very complex term which is misunderstood by many and that's the wrong part.If you seek financial freedom and decentralised concept knowledge from it then ofcourse it has changed many lives and how we see the Central chain of authority curbing us from ages.So if we study about it in different ways we came to know about how we can benefit from it and have control of our funds with complete power and network security.

But many in this crypto space see bitcoin as tool of investment or say store of value rather then payment processing currency and see big profits associated with it and no doubt there are profits linked to it but they missed the major part that you need to trust it and hold it for long term rather then seeing it as way to make overnight profits.When prices are rising many newbies see they can get early or short term profits and enter the market without making any research but when it doesn't happen they think it's scam leaving with loss due to panic sell.So they need to realise those who have made huge profits from it believed in it early holding through crash also.

If you are advocating about it then you should also make deep research about it and start learning about it like how it actually works and see if you understand it then automatically you will know the true power of BTC

Bitcoin is a popular virtual currency currently in widespread use worldwide. It has been seen that crypto markets go well for a few days and then the market changes. The market is currently at a low point but is expected to rise like a bull run in the future. We have noticed earlier that the market had a big rise at one time but now the market has collapsed massively. But in the future, the Bitcoin market will have the highest growth. Which is why the future of Bitcoin is so bright Of course it is extremely easy to make a profit by investing in Bitcoin.

Buying and holding Bitcoin for long term is a great decision. After the bear market Bitcoin price will be more higher and can hit new ATH. So about the future of Bitcoin is really bright.

You are right, altcoin are profitable too but bitcoin has a real use case that it is believed will benefit its investors more in the long term. I believe in the potential of bitcoin, but I also believe that some altcoin can be held for the long term. The percentage depends on the individual, but if it were I'd probably be 70% or 80% there for bitcoin.

Some people believe that Bitcoin will eventually become a global currency, which would mean that it could be used for online transactions and purchases absolutely anywhere in the world. Because it is decentralized and not controlled by any government or financial institution, it could provide an alternative to traditional forms of money and enable people to make transactions without the need for intermediaries.

Another potential use of Bitcoin in the future is as a store of value. Because the supply of Bitcoin is limited and cannot be easily manipulated by governments or banks, it could be seen as a more stable and reliable way to hold wealth compared to traditional currencies that are subject to inflation.

Overall, the future of Bitcoin and other cryptocurrencies is uncertain, but they have the potential to revolutionize the way we think about and use money. No one can tell you that you will profit by buying and hording bitcoin for a long time, but if you are looking to invest in a currency that may have potential, this is one of the best options. The main thing to remember is that the value of any currency is based on what other people are willing to pay for it; if there is no one else who wants Bitcoin, then its price can drop significantly. That is why it is important for beginners to understand the basics of Bitcoin and the potential risks and rewards of investing in it.

Well this statement is subjective and depends on individuals. I have seen people that has had much success stories with other coins in terms of Financial improvement than Bitcoin.

Well this maybe as a result of adoption. Many investors started believing in Bitcoin late and then the price had gone up. But those who still took the Altcoin route had success also.

I don’t limit my thoughts on Bitcoin to finance, because it’s volatile like others but unlike others it serves a greater purpose and would also be essential in the future.

Since the current bear market has caused Bitcoin to lose the majority of its worth, beginning now will allow you to acquire Bitcoin at a reduced price. Supporters of cryptocurrencies, particularly Bitcoin, have expressed a favorable outlook for Bitcoin in 2023, so if you have a long-term strategy to hoard Bitcoin, it can undoubtedly be beneficial to you.
The current will start to reverse to the Bullish phase after the Bearish phase, as it has in the past. According to the four-year cycle, the significant increase will take place in 2023's second quarter.

The thought of what is to gain or what is it we could get from bitcoin has caused a huge shift from the Satoshi's intent, giving everyone an investor vibe that leaves most users focused on what it is to archive and not what could be done with it. Other benefits to this system have been shadowed and faded off with just profits and our minds.

What happens to fast transactions?
What happens to sending money across the globe with ease?
What happens to purchases?

Anyway, everyone with there purpose and I guess at the moment, it's all profits in hodling and I can't say I am doing the same. In all, should it come to the volatility nature of Bitcoin being taken away and we have a standardisation, hope we could have what we have now for patronage. We just might and I think it would be beautiful to see other purposes to the network being preliminary.

The people that bitcoin genuinely changed their lives are not as many as you think. Not everyone embraced Bitcoin in the early stage and the majority of people who knew Bitcoin from early stage didn't trust it and did not buy much and some who bought sold off when bitcoin made some nice early movements.
What I'm saying in essence is that some people may have some illicit sources of income and then use bitcoin investment to cover up.

As a newbie buying and holding for a long time will profit you. But it will be fine to also not depend only on bitcoin as your source of becoming wealthy in life because it may also not happen.

Avoid being hasty in your excitement or influenced by what you heard. Before making an investment in bitcoin, you need grasp what it is. You did fantastic by posting first in bitcointalk. The creator of bitcoin, Satoshi Nakamoto, started this. Numerous links have already been recommended to you. It won't take you a day to read them all.

As a newbie. Do not believe anyone who sends you a private message. There are also con artists here. 

You can not trust your own choice but you trust an advice from complete strangers?

You need to gather information about things you want to invest in.  Otherwise you are bound to fail.  Use your free time learning about Bitcoin and see for yourself whether it is worth the investment or not.  We are not predicting future nor can we guarantee anyone that Bitcoin will make you any money.

-
Regards,
PrivacyG

Bitcoin has lost most of its value during the ongoing bear market, if you start now you can collect Bitcoin at a discount. For a plan to hoard Bitcoin in the long term, of course it can benefit you, crypto supporters, especially Bitcoin, have given a positive view of Bitcoin in 2023.
As has happened before, after the Bearish phase will begin to reverse the current to the Bullish phase. If we refer to the four-year cycle, the big increase will occur in the second quarter of 2023.

We are here to only give the best advice for you, the rest is only you who will determine the direction of your investment and money management.

I surmise that when you speak of Bitcoin being the "most beneficial cryptocurrency in the world" you are talking not about its revolutionary features but its price, not about the Bitcoin that offers a decentralized monetary system but the Bitcoin as in the coin, the one that you could buy and sell for a profit.

As a newbie who wants to tread this path, it would surely help if you get to know more about the technology than the next direction the price of the coin probably takes. It gives you more reason to believe and HODL. It makes your hand a lot stronger. It will help you survive the most extreme of winters.  

Some educational resources to learn
[General] Bitcoin Wallets - Which, what, why?
Bitcoin information and resources
Learnmeabitcoin.com (beginners guide)

Bitcoin has bright future because of its technology and its pioneer role for the blockchain and cryptocurrency industry. It is very bullish in long term so if you have yet known, I invite you to read the book and the article.
The bullish case for Bitcoin (Amazon)
The bullish case for Bitcoin (on Medium)

as long as you learn how Bitcoin travels from the beginning to the present, I'm sure you will benefit from investing in Bitcoin in the long term. history has shown how incredible the growth of Bitcoin has been to date. but some people don't believe it at this time, of course, because they don't know before investing. many thoughts from beginners to get a profit in a short time by investing in Bitcoin, I hope you don't have such thoughts.
first, learn what will make you profitable with Bitcoin before you invest.

Before you will put your money on bitcoin, understand it first how it will work.
Study the technical and fundamental aspects of bitcoin --once you have learned about it, it is easy for you to understand the movement of bitcoin and to gain profit from it. Investing and holding it for an extended period of time is what most people do which is very common in storing the value not using it as a mode of payment. But you are correct, bitcoin has a bright future.

I think everyone already gave you a good link to read as a starter, but let me just say though that bitcoin investment or trading is a journey, it's a long process and you will learn a lot of strategies and just simply used what's best for you.

Yeah, I will say that buying when the price is cheap just like what we are into right now, the bear market, it's the best time to accumulate. But you also have to be mentally prepared to hold, because it's going to be long and there are times that you might be tempted to sell and take the profit. But the cycle goes like you buy at bear market and then sell at bull run in order to maximized your profits.

From my point of view, Bitcoin is quite affordable now, and those who can afford to invest now will see major profits in the upcoming years. However, the market is standing on a thin line, and it's likely to crash even further throughout 2023. The dollar-cost averaging (DCA) technique is useful in reducing any associated risk in such cases. This forum is generally a decent source of information; however, you'll see plenty of prediction threads in which everyone will be simply expressing their own personal opinion, which is usually not based on any statistics or valid sources, and even if it is, there are no guarantees. To sum up, if you can afford to buy bitcoin, do it little by little and try to hold them till the next bull market.

I know many people will miss this opportunity to invest for the big day when the bull run starts most new people are always considering the pricing going low not knowing that bitcoin is not quick money but for the future, best advertisement. Bitcoin has made so many people rich and many more are still coming up, but in addition, the gateway is already open for people to buy and accumulate as much as they can. The cloud will soon turn dark and it will start raining very soon.

 Buying Bitcoin and hodling it for long time for the bull market to come is always profitable. But as a beginner you may not have much knowledge with the crypto market, while hodling your bitcoin you may experience some bear market, it shouldn't discourage you about your investment  or make you panic, the bear market comes and go. You need to make your own research about bitcoin and the crypto market so that you can make good decisions to be sure if you are prepared to invest.  Don't take a rush to invest,  get some knowledge first.

Welcome to the world of crypto, very happy to have you here. As someone who has been in the crypto world for several years, I have some advice for you that might be able to help you survive and maximize your profits in this market;

- The first thing I did when I entered this world was find out about crypto terms and popular tokens that are worth investing in through CMC.
- Invest in popular coins first, like Bitcoin or Ethereum or BNB.
- Don't be FOMO and invest in coins that you are familiar with. If you want to buy a coin through an ICO, IDO, or pre-sale, make sure you first find out the background of the coin and don't invest too much.
- Don't put your investment in just one type of coin and always use a crypto wallet like Metamask or Safepal to store your coins.
- Crypto is not a place for you to get rich quick, if you still think that way you should stop now. You can earn money on crypto if you really take advantage of the various opportunities that exist, because there are many things that can be used and it will bring you money.
- Increase interaction with the community and socialize more often. It will give you a lot of knowledge and experience.
- Finally, if you want to invest in crypto, you should invest at your own risk. Nobody cares if you lose money here or the value of your assets falls. The bottom line is what you do will be your own responsibility.

I hope you can understand what I said above. Good luck.

Your future will be bright if you take the time to learn all the pros and cons of owning bitcoins. Many people who have acquired only a few inches of knowledge about bitcoin without knowing the whole history of its existence and have invested in it are disappointed today. I am reading that a CNBC survey shows a sharp drop in confidence in bitcoin. But if you look at all the ups and downs of Bitcoin, history shows that, in the long run, it has always regained its good reputation.
Therefore, OP, knowing all the ins and outs of bitcoin as the foundation of your future should be a prerogative.

Yes buying and holding (not hoarding) will beneficial for long term. But dont assume any profits with certainty since you are also taking a huge risk by purchasing a volatile asset that could go up and down. But we all knew that theres no other way for such investment but to go up right?

Most people are easily get scared when they see negative on their portfolio but I say thats normal. Its a part of cycle and must be experience. Theres a lot to know more about bitcoin and youll be happy you did research on it.

If you have to ask that question, then chances are — maybe you don't know enough about bitcoin to invest money in.


* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Security related:
* https://cryptosec.info
* https://www.lopp.net/bitcoin-information/security.html

If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters

Yes, this will help in a big way, but before this can be achieved you will need to first help yourself by learning on how this can exactly be achieved, everything in life start with learning, this is where you will develop your potentials, buying and selling skills, trading patterns, bitcoin storage to use, and the method of your buying in which dollar cost averaging is one of the best means for this, then you will need to have some patience if possible for the next halving to take place whereby the bitcoin price will surge high and you could have every tendencies to make profits from your investment asset after the bullrun, make use of this forum as well as a learning ground, especially the bitcoin discussion board, be active and have a continuous learning pathways here and on the internet.

Holding bitcoin long term will profit you at the end. You have to remove that mindset that you have seen bitcoin change the lives of many people around you and face what can happen that not everybody has been lucky with bitcoin. Many have lost out in their investment in bitcoin because of panic. They sold below the price they bought it because of fear of more crash. To those ones bitcoin will not be seen as something good. Do not be like those ones. Invest and wait for profit to come to you on long term.

1. First thing you need to know is that Bitcoin isn’t a get rich quick scheme. You can lose money buying bitcoin because Bitcoin is volatile.
2. Bitcoin is the most reliable cryptocurrency there is, altcoins can be more profitable in short term but you don’t want to hodl alts for long cause they can crash anytime.
3. If you want to hodl bitcoin for long term, then the best time to buy is when the price is low and weak hands are selling.
4. Use decentralized exchanges/ p2p to make bitcoin purchases.
5. Lastly, do not hodl in centralized exchanges. Where you store your bitcoin is very important since you’re responsible for the safety of your coins. Any wallet you decide to use should have its private keys like we say “Not your keys Not your coins”. Read General] Bitcoin Wallets - Which, what, why?

That the op has seen Bitcoin change the lives of so many people in the world doesn't mean that bitcoin is a quick money scheme that one can invest in and get a quick return. Understanding the volatile nature of Bitcoin will help you to choose the best investment option you need hence you have the crypto knowledge and you have the strategy to pursue your investments.

Just follow the information given to you by @Adbitco I believe you will get the answers you seek and you will make a good choice of investment whether long or short term but don't expect a quick return because Bitcoin investment is not like Ponzi scheme.

It true that Bitcoin has changed the life of so many people who truly believes in it and it still going to change the life of those that are still going to learn about it in distant time.


If you truly want to know more about Bitcoin and crypto in general then you should consider checking out the following threads below.

• Beginners & Help Encyclopedia
• https://en.bitcoin.it/wiki/Main_Page
• YOUR TOTAL BEGINNERS GUIDE TO CRYPTOCURRENCY and BITCOINTALK
• https://www.bitcoin.com/get-started/

These are all I could get for now.

To benefits from bitcoin then you have to start your investment on the long term and I know too well only long term could give you a good profits. But at least if I would advise you, only invest with money your not desperate of using or money you could afford to lose maybe if market went against you although I believe it would surely bounced back but as a newbie the panic over an investment can not be hidden which causes them sell without patient. Therefore it's not too late to buy and hold as the market is still favorable to buy.
All details about bitcoin is fully explained here so please mark out time to read through it.

Bitcoin is the most beneficial cryptocurrency in the world as I have seen it change the lives of many around me for good and I am glad to begin this journey into securing a bright future with Bitcoin.
But as a newbie that want to tread this path, what are the things I need to know about it? Will buying and hording for a long time profit me?