Topic: Well Prepared For the Bull Market And So Far In Bitcoin Investment. (Read 496 times)

      Congratulations on that, and I think you can save at least 1 bitcoin if you have a backup income that ranges from at least 2000 dollars a month. Or if not, it's around $1,000 a month.
You can save Bitcoin, maybe even at least 0.5 btc.

      But for sure, you will try to really save as long as you have the opportunity to do it and sell it at the right time at the price you are targeting to sell it at the price you want
during the bull run itself.

DCA is obviously a well proven strategy for majority. Most especially for those who are starting to accumulate bitcoin, DCA is the key so they can store more bitcoin before halving starts. OP is actually a perfect example. He must be in huge profits right how if he decide to sell, but I’m sure there’s a lot more profits to come ahead if he chose to hold his coins more and continue with DCA. It’s only a matter of patience and emotional control if you want to get massive with bitcoin in the future.

That was what I did to acquire the the knowledge to start my investment and in my early stages in the forum I asked a lot of questions concerning where to save my coins, how to open wallet and others and all that time, I was preparing myself for the investment. And today I am doing well in the cryptocurrency investment. I think this bull market favouring me. And I will be the youngest millionaire in my family in this coming ATH if the price reach the general prediction of the $100k.
One thing I used in this investment is patient and endurance and also thick skin because people abused me because I was investing in Bitcoin but today I am laughing at them. Now I am educating them on bitcoin.

All we need here is just consistency in learning the crypto market from the forum and apply them into action. Everyone started from a scratch but with good motivation to acquire limitless information from the forum, everything will end up into positive results, and having your first bitcoin investment OP is already a big achievement to consider.

Just continue what you’re doing and keep your motivation to learn burning. Knowledge becomes our basic foundation in everything that we do, most especially when we are dealing with highly volatile investment like crypto particularly bitcoin.

This is wonderful and I will say congratulations. I am always happy when I see people take action about Bitcoin investment and not just speak words with no result. With this bold step, you are all set to reap the benefits of investing in a reliable asset like Bitcoin. It is even better you are already into Bitcoin investment while continuing to gain more knowledge of Bitcoin, this confirms that one does not need complex knowledge to start investing in Bitcoin but just the key knowledge to get started. The learning process of Bitcoin is a continuous one just like it is in every other profession. We are lucky to be in a forum where all the information we need are available and accessible free of charge. Those who take the materials and resources available here seriously will never make mistakes in their Bitcoin career. 

 

    I congratulate you, as some of the forum members have said that you have done that. If you think it will help you, then just continue the DCA you started for the Bitcoin that you are investing in long-term. If I had other extra money, I would also sell Bitcoin for sure.

That is a big amount after all, and somehow you have a profit there since you did that, but you should not be impatient and hold it until Bitcoin reaches $100,000 more minus one Bitcoin.

Thanks for encouraging me to do well from the onset from the first purchase. I really appreciate your encouragement in the forum. You are leader indeed. Yes I am holding it for long term investment and not for short term and I know you can remember it vividly that I started the investment from last year 2023 January and to this year and now you can see the amount I have accumulated. I am topping (Buying) my wallet every month end. And I know that before this year will end I will be expecting something huge in my wallet. My target is one bitcoin so whenever have cash, I budget it out and buy the unit of that month and relax for the next month again.
Though it is not easy if the person is not working to assist himself in it because one is tempted to sell to solve problems but discipline and determination must involve.

You have done a good job so far by accumulating Bitcoin at the right time. I had accumulated that price zone as well, but I sold when I had a small profit and thought I would buy back when it dipped. However, I am trading Bitcoin and selling whenever I have a profit. Of course, I'm holding some bags as well. So far, the DCA strategy has become very popular nowadays, and it seems it does work for you. I believe you should hold on for longer to get a big return. Halving is coming, and we might see Bitcoin skyrocket after the halving. 

Very good job OP, you are indeed a bitcoin holder, you were band but still you didn't panic after all the incident, anyway you are ones again welcomed to the forum. That's a very good amount of Bitcoin in your wallet over there. You investing on Bitcoin the very first month of last year and today Bitcoin is more higher than as of last year. Always I am excited to see people who got to know bitcoin early because there are other people that heard about Bitcoin but give deft ears to it, but today Bitcoin is showing everyone that it doesn't matter if everyone is buying it or not but it will still skyrocket to any amount.  This year we are expecting the hight of $100k and just in month of February we already have $51,500+ and that's not a bad amount because with little time it will go above the present rate.

You said very well and yes that's true Bitcoin is going to get huge in a decade or two and the ones who are investing in it will reap good rewards from this investment. Many people will get retired when Bitcoin reaches $1M per coin and those people won't have to work anymore. They enjoy rest of their lives free from financial issues. In fact I believe OP will surely invest more in Bitcoin and will keep the investment secure.

Wow, can you believe it? Your first dive into Bitcoin back on January 1, 2023, has turned out to be a total win! Seeing it shoot up over 100% as it hits that $52k mark is just incredible. I've gotta hand it to you, OP, for sticking with it through the ups and downs, especially when it dipped below $20k.Get ready for even more gains. The upcoming Bitcoin halving and the chance of it surpassing $15k? It's looking like exciting times ahead!

Careful preparation for planning your investment in Bitcoin is the right decision, strong determination and having the belief that Bitcoin can become more valuable in the future. You can feel the benefits when the bull run occurs, even now it is possible that you already have a lot of profit from it.  This will be an inspiration for many people, if you are confident investing money in Bitcoin can provide many times the profits in the future

You purchased at $23k levels and your money is already doubled now. But I suggest you to wait more . If possible, forget about this investment for next 10 years. There will be lows also during this period but never get in any type of panic. Bitcoin still has a lot of potential in terms of upside. As more and more people become aware about bitcoin, the value will keep rising. Also, there are now bitcoin ETFs which have made bitcoin a rare asset already. You can in fact retire with this much holding of btc in next 10 years if you keep it untouched.

Congratulations, my investment isn't even near that amount which really inspires me to ramp up my work hours and try to get more money to invest so I don't have to regret it later on that I didn't go all in with investing in bitcoin when there's a time that it's got more value than it's future price. I'm almost prepared for the bull run too even if I'm jealous of that investment but the DCA never stops.

You're on the right path! Congratulations on beliving in Bitcoin and its financial system. Understanding its cycles can reshape your life. Now's a prime time to grow financially. Remember, markets fluctuate, so prepare for downturns by studying. With knowledge, you'll navigate both bullish and bearish periods effectively. Keep learning and adapting. Your dedication will pay off in the dynamic world of Bitcoin and cryptocurrencies.

Well done OP. Now holding your bitcoin despite of market’s volatility is way more challenging. If you can make it and continue to DCA and increase your bitcoin storage, that proves that you are good and knowledgeable enough on how to manage your investment. Just never get discouraged every time bitcoin price experience a decline, that is part of the crypto market. If you don’t know how to manage and overcome your fears when the market turns bearish, then you don’t deserve the good things you will get when the market eventually becomes bullish.

It's refreshing to see someone so brave and open about their Bitcoin investment and how much they own. It's a realistic but also really decent amount, and it's encouraging to see someone who got into Bitcoin investments very recently, but managed to choose a good strategy (DCA) and make some sound choices.
Bitcoin is still on the rise and probably well below the next ATH point, so this amount can turn into an even bigger one fairly soon (in one more year, perhaps). I have to admit, I wasn't as consistent with my own attempts to accumulate Bitocoin lately, but I'm planning to do better.

First of all, welcome back to the community and also try your best not to get involved in any situation that led to you been restricted. Secondly I must say you have actually done we for yourself, well building and stalking up that amount of bitcoin must have crazy for you although I don't actually know your type of work but looking at the value of bitcoin you are holding that would be a very good start ahead of the bull run that's very close.

How time flies when you purchased your first bitcoin and you’ve already accumulated some reasonable amount that it is satisfactory to have as an investor in bitcoin. The DCA method you used has really helped you in achieving your goals faster to me even through you claimed not to have reached the target you actually wanted. The good path is that, you saw the best strategy to accumulate bitcoin, you made use of it and was consistent in it and has given you the future goals you’ve always wished for. Congratulations once more and I hope you hold them for as long as you’ll be in profit with them until you’re satisfied with the amount of profit accumulated front the investment.


That’s quite a long time from now, I hope you can be able to keep up with the investment and not touch anyone until then. It only takes a big investor to save their money for a long term-about two halving events in bitcoin without touching them. There are few of them who save for long like this and those that have taken this step to invest for a long term are already in profit of their investment. If you wish to wait till then, you’ll also be in profit and when the market wants to do some corrections and the price dips, it might not affect your initial amount invested in it and you’ll still be in profit still.

Bitcoin will always be safe as long as the keys are safe and secured as well. And not your keys, not your coins, so always own that keys without disclosing it to anyone you know. And same with anyone else, I am happy to see your little achievement in the market. It may not be that huge like the big whales gained in the market, but soon, as long as you keep on DCAing when there are chances, and you never gets deceived with greed and those crypto influencers in the social media, I guess you’re good enough.

Bitcoin investment holds a very promising value, not only today, but most likely in the future. So continue motivating yourself with bitcoin, that will be a good preparation for your retirement soon.

The journey so far doesn't start from a day but with little step and bold-mind has definitely landed you somewhere that you have never regretted in your life, correct me if I am wrong. This investment you made then you were thinking it won't yield any meaningful results but now has been your major Joy currently comparing with the price of bitcoin at this very moment.
Sometimes due to some circumstance we may fall out of love why because we must tackle those problems surrounding us where by it starts slowing our investment plans especially to those who doesn't have additional source of income or are solely relying here to make an ends meet, conspicuously you made the right decisions.

Congratulations op.

That’s actually the real challenge when hodling. To stick to your goal regardless of the distractions in the market. If you can manage and overcome them well, congrats in advance, you will definitely achieve your target in the crypto market. But if you somewhat fall, that’s normal for every investor, at least you never end up quitting but will decide to invest more and hold more.

Just don’t be obsessed with your investment and try to handle it more calmly. Do no monitor closely its price, but focus more on maximizing the amount of your bitcoin as it will matter a lot when you decide to sell them.

If you're here for years then you should know what to do, now that bullmarket is happening and that halving is again anticipated. Well, yes, we cannot guarantee that same thing will exactly happen but given the fact that Bitcoin is now again close to its ATH, there's a big tendency that the highest market price could be again reached. FUDs and such should be also expected because of possible market manipulation but since you have already accumulated a decent amount of it, then you should be prepared of whatever is about to take place before, during, and after the anticipated event.

I am also building a good portfolio at this point to be prepared as much as possible. Bullrun might have taken place earlier than expected therefore correction could take place any day from now. Most of the tokens are recovering which is something you would want to look forward with, in the next couple of months.

Once upon a time, I intended to do this, but I found a comment from o_e_l_e_o that discouraged me from exposing my investment information or the particular value of Bitcoin that I hold.You can read below about the comment I just made a few days ago.


I will suggest you read the topic.
STOP telling people how much Bitcoin you have


I am not usually in support of making public the particular amount of Bitcoin that is in the possession of Bitcoiners, because you might just be keeping a lead for scammers to attack you, or perhaps someone may already know you in person and could just be gathering information to lay down on you. Trade with caution, man. 

Congratulations Dimarxist, you story is an inspiration and I'm happy you have gotten back your account to continued been a part of the forum. You have accumulated some Bitcoin and this is encouraging for other members of the forum like myself. Your current amount is a dream for someone like me, I have also being accumulate Bitcoin but my target has been $70 monthly and I have bought for some months and I'll keep buying more Bitcoin until I have gotten upto one Bitcoin then I can relax. It'll take me some years because I have other things that I'm using money for but as I'm investing in Bitcoin I know I'm securing my future therefore I won't give up. Investing in Bitcoin is better than investing in any other type of investment currently and this isn't just because of the halving that's coming and the bull market but because Bitcoin is a rare investments that can make you alot of profits while you're enjoying the unique quality of using Bitcoin.

I'm very happy to see that you have finally shifted to Electrum wallet and saved your private keys and seed phrase in private locations. You now own your coins because the keys are yours, trust me as long as you don't tell anyone about those keys and seed phrase then you are safe. I wish you best of luck and hope to see you getting more mature as a Bitcoin investor. I also hope that you may have good return from your investment.

Is good to learn and this forum is one kind of place that will expand your knowledge of investment in bitcoin, some people have make money for people invested for long time, I could remember the time that invested in Bitcoin when I opened my gas station all those payments I made with bitcoin as of that time continue to rise, and I keep on watching the coins if will depreciate, at a time bitcoin dropped I regretted why I refused to withdraw the my bitcoin, but I summons courage to leave my coins and continue to tell customers to continue buying my gas with bitcoin, now bitcoin has rise and I can see that I'm making profits from the payments my customers made with bitcoin.

Wow! I must say I really envy you and not in a bad way though but in a good way because this is exactly what I have intended in doing although am a little slow in the buying aspect and I must say sometimes the price also scares me because its almost as if someone starts buying again the price won't go higher and I think many newbie are also on this particular thought but as it seems Bitcoin is actually heading for massive bull run and 51k that the price is now is just a stepping stone so I will also encourage myself and everyone who dreams of accumulating such to forget about the price now and start buying and again congrats to you on your holdings and being back to continue your journey.

Believing in Bitcoin doesn't necessarily mean that you have to hold onto it for a long time. If someone invested in Bitcoin and made a profit during the next bull run, even if they just recently made their investment, they can sell it to experience their profit. This is not nonsense, it's common sense because why would anyone want to continue holding onto something when they have already made a profit?

Do you have a problem with me asking OP to look at his profit? If you can't understand someone's pride or fate, then you shouldn't reply in such a manner. Of course, you have your agenda like others similar to you whom I have faced more times than I can recall.

Why he can't dump his stash? He is the one who invested to get that stash of Satoshi? Are you talking in your senses if not then you are one of the biggest arrogant and out-of-the-world hypocrites.

I gave him a suggestion that doesn't mean he would follow it. If you have any issues with it then you are impossible to understand. A suggestion doesn't mean that the OP would work on it. And why not dump Bitcoin to achieve one goal, the result is to find financial freedom and nothing more. If you have any issues with it then speak out.

So you thank him for believing in bitcoin in the same sentence where you tell him he can dump all his BTC in the next bullrun. This does not make sense at all, since you either believe in bitcoin as a payment system or you are here for the short term speculation.
Yes it is possible to believe in bitcoin and still trade it against fiat, but to accumulate and then sell everything ist just pure gambling.

Congratulations on holding on to the stash and believing in Bitcoin. There are two roads that you have now, either keep accumulating to get to the target of 1BTC or offload your stash in the next bull run. I think you need to keep the stash and accumulate more till you reach 1BTC as that would be a big profit in the coming years. In the end, I would say what you have done is not possible for anyone, someone like me would have offloaded everything and still be not happy with the outcome. You have demonstrated patience and clarity, resulting in a positive outcome. Your future accomplishment should be even greater than the one you achieved with your patience.

Well, first, congratulations! Because you keep on learning about bitcoin investments, you may stop at one point, but the important thing is that you keep on pursuing bitcoin or your passion. You have to stay dedicated to bitcoin investment as it is hard to deal with. It will take time and effort for you to master it or to even earn efficiently. And from the looks of it, you've gained quite an amount of bitcoin; it is a big or good amount of holdings. I hope you keep on holding that as the exciting event will come, and I'm sure your holdings will increase more. Same as you, I have quite a few holdings, but not as many as yours, but investment is investment, no matter how big or small. As long as you are dedicated and believe in bitcoin, you will be rewarded, be patient, and win the next bull run.

Welcome back and congratulations on your achievement. There are few things in life that one should be proud of having and I don't think I'd be wrong if I say Bitcoin is one of the them. You've done a great job and you should keeping hoarding your stash and offload during the bull run in other to get a good value of your investment. But if the goal is to acquire 1 BTC, then you just have to keep accumulating at every slightest opportunity you get to make this happen. Congrats once again.

You are on the right path, congratulations on that and for making an effort to study bitcoin and its entire financial system more.

I always say this: with knowledge of bitcoin cycles you are capable of completely changing the reality of your life

You are in the best time to increase your financial wealth, I also suggest that you study so that when the market turns into a bear market you can manage your money well

From here we can really see how DCA itself works, you've made an impressive accumulation, mate. We still have a long way to go, so keep holding onto what you have now.


Bitcoin (BTC) is more than just trading, that's the insight I've inspired so far, maybe in the next halving we'll see Bitcoin (BTC) hit $100K and your investment will be around $5.7K. It will get bigger as your weekly accumulation continues, well, it would be a beautiful story if we actually go to the moon during the next halving .

2023 is indeed an ideal year to make purchases in Bitcoin, meaning that for beginners who already have a basic foundation for investing, at that time 2023 is still considered ideal. especially after the massive adoption from various large institutions and quite a few negative issues that give us discounts when buying. now 2024 is going well and according to expectations. OP you have done a method that is suitable for anyone and DCA is able to provide a gap between looking at profits, usually when I do DCA every week I record how much I spend and at what price I enter. Because by having notes we can evaluate from DCA to the next DCA.

Continue and continue to maintain what you have now with the belief that your struggle from the start of buying can be paid off in 2024.

Regarding your first time purchased bitcoin In January 1, 2023 seems today have raise more than 100% profitable because bitcoin success break out above $52k, its so excited when many people confidence and believing bitcoin still in worth position to buy. Congrats OP for your achievement as bitcoin investor and really braveness keep invest bitcoin during many people worry when bitcoin have been dropped under $20k and they are have bad opinion with bitcoin will get drop again in the future.
Right now your bitcoin investment values success raise up to $2787 and there are has potential increasing more higher price in the future exactly  bitcoin halving can make significant increasing bitcoin price, hold it and believing your bitcoin investment get chance raise up more than $10k values.

A good decision. You made several good decisions here. First, you started learning before investing. This is very necessary for any new investor to understand the market in which he intends to invest.

You also made a good decision when you transferred your assets from the central exchange to a secure wallet where the seed and private key can be kept in a safe place away from the risks and problems of central exchanges.

In addition to that, continuing the DCA policy in the long term is also a very good decision because holding in the long term is better than speculation and exposure to losses due to fluctuations.

Congratulation.

First congratulations to you. Next, I admire your bravery for showing how much you've got. While you are suppose to keep it on your own on how much you're holding but then, you've shown your actual balance and how much you've got. Do you have real life friends in the forum? If so, then they now have an idea on how much you've been holding. While we suggest and advocating Bitcoin and we're optimistic on it for people investing on it. But then, we should also be careful with what we're showing onto public forums like this. Although it's likely that no one is going to know how in real life but it's more of a safe practice about things related to investments and shall remain low profile.

This is a nice step to move forward ahead in preparation for the bullrun, while some are making noise and doubting about bitcoin, we still found in as many as possible eager and ready to use the digital network for an investment, I know you will never regret this decision and when you've come to the apex of bullrun profitability, others will be wondering if you actually could made such income through your bitcoin investment or not, keep holding and ensure that you don't make the mistake of using a custodial means of storage.

Thanks for this great advice. My investment is for long term though I will temper small unit of bitcoin in this forthcoming bull market but my main target is the next bull market which will be occurring in the year 2029 to 2030. I am not even looking at the chart or the price.

OP, you've done well for yourself and that's because you were intentional in your action from the beginning. Keep it up. You know what that BTC value amounts to in our local currency. It's not even done yet. It's just about to start spiking. You got in at a good time. I hope you already have a level you want to start taking profit before the noise begins. The excitement will make many overstay in the market. Once the excitement begins you may be tempted to get more greedy and that's not  good. I said when to start taking profit and that's because you don't want to quit the market at once. Take profit gradually once it touches your line of exit because it can still go way past it and you don't want to be on the sidelines with remorse.

Wow. good job sir! I think your nice story illustrates how a simple man with a humble means can still make it big with Bitcoin investing. I know that saving money for cryptocurrency is not an easy task since we are dealing also with the reality of rising cost of living - like inflation everywhere is so real. Now, despite these many challenges hampering us everyday you never give up and continue your dream of owning Bitcoin just before the coming halving in April. What are the reasons for accumulating Bitcoin...is it to use it for future plans?

Wow! After a year, you have acquired this much bitcoin and it was through DCA as well. I would say that that is really admirable and inspiring especially for those who do not think they can’t afford bitcoin. In just a year or maybe even less, you could accumulate bitcoin depending on how much you want to have.

This makes me want to work even harder and try to have as much bitcoin as you have now. While it is truly such an amazing milestone, I would advise for you to not share exactly how much bitcoin you have. The world is a dangerous place and whether that is on the internet or somewhere else, there are still lots of ill-intentioned people.

I am wishing you all the best and good luck!

Congratulations, happy with your achievement and I hope you collect the largest amount of Bitcoin to achieve your dreams, but do not disclose what you have of Bitcoin. It is just like going to a crowded road and saying out loud that you have $20,000 in your pockets. scammers will now try to access your phone to steal what you have, so be careful.

Announce your rank up, merit or any achievements that makes you feel great!

Congrats OP.
Now your next assignment is how to become "diamond hands".
Where it will help you to keep calm, avoid FUDs, and panic sell.

If you have a plan to sell that stash in the future, avoid looking at Bitcoin prices from time to time. Go find some leisure to avoid looking at charts always 

Welcome back It is good to see that you are making progress and in good spirits, staying motivated to continue to hold any portion of Bitcoin is a welcome development, I believe your cool-off time while you were away from the forum has given you the chance the save up for a time like this.


I am happy that you have that much spare cash at hand to be able to have bought that amount of Bitcoin,  to mark and celebrate your welcome back to the forum.

I thanks God I am back to continue the knowledge of bitcoin and it Blockchain, within this period which I was absent from the forum, I have learn more and I have also taught many people and some of them also invested in bitcoin some times I used some of the good quality posts for reference, I have not stopped my learning. And today I am a good investor. So far so good I have invested 0.05494075 BTC.
.

In January 1, 2023, I made my first purchased of bitcoin My First Bitcoin on the New Year Day 2023. and after that I purchased it massively when the price was low as $23+k as of of early (first 4 months) 2023 and after then I used DCA to accumulate every week and month and today I have a good number or amount of bitcoin for my level. And I am not competing with anyone but to my level. I have bitcoin now.  I was planning to have 1 bitcoin but at a time the school expenses were much so I have to stop and hodle the once I have acquired.

I think this is the time for me to excite my joy. I have invested some reasonable amount of bitcoin before the halving and the Bull Market. At first I was keeping my coins in the Exchange where I bought my coins but later when I discovered that it is not saved for me to keep them there, then I created an Electrum wallet which I have asked question on it last year , so I transferred all the coins to the newly created wallet and printed out the seed phrase and laminated it and keep it in a safe place and also photocopy two extra and store it in different locations. I will like to thanks those who taught me wallet from one way or the other in the forum. Such as LoyceMobile, NeuroticFish, Charles-Tim, joniboini, Rruchi man, SquirrelJulietGarden, Peanutswar.

And special greeting to The Cryptovator, The Sceptical Chymist, rby, Rikafip, SamReomo, GeorgeJohn, CryptoHeadlineNews, Dr.Bitcoin_Strange, Franctoshi, Sandra_hakeem, Eh Moo Nah, SmartGold01, Mpamaegbu, Adbitco. Thanks you all.

DiMarxist.