In a one good year for investing in bitcoin if it is manage wisely then we can say that we can get that good investment result for a period of one year considering that market will always be green and if there is red market is just for a while.
It all depends on how much involved you are into the world of the bitcoin and crypto currencies and the amount of knowledge you do have regarding the things. I don’t think so that 1 year will be enough to make all your dreams come true and that you need to spend more time into it, only then you can hope to make some god profit and that you can think of living a life the way you want to. 
Topic: You only need 1 good year for Bitcoin to be a good investment - page 2. (Read 787 times)
do not worry now at the end of the year we will see big .. bigger than last year you get. so do not be discouraged.
for btcs to prove that they are good investments, they can be searched or researched over coinmarketcap.com about the past records of btcs
I have seen a lot of posts lately, where people are complaining about the price. I can understand that, but based on my previous experience with Bitcoin, you only need 1 good year to make Bitcoin your most profitable investment of all times.
Let's take 2017 for example. I made more or less 700% profit on the bitcoins I bought in January and sold in December 2017. Now I am not financial expert, but I seldom see any investment opportunity where you get anything more than 30% profit within a year.
So, let's put this into perspective for the people who are constantly complaining about the price. If you were used to low interest rates or even if you were lucky enough to invest in something where you received 30% profit, ONE good year like 2017 will cover the interest and profit you would need for the next 20 years. <700% divided by the max 30%>
On top of this, you still get interest on the fiat money that you deposited into the Bank, after you sold those bitcoins.
Stop complaining and wait for your good year.
Let's take 2017 for example. I made more or less 700% profit on the bitcoins I bought in January and sold in December 2017. Now I am not financial expert, but I seldom see any investment opportunity where you get anything more than 30% profit within a year.
So, let's put this into perspective for the people who are constantly complaining about the price. If you were used to low interest rates or even if you were lucky enough to invest in something where you received 30% profit, ONE good year like 2017 will cover the interest and profit you would need for the next 20 years. <700% divided by the max 30%>
On top of this, you still get interest on the fiat money that you deposited into the Bank, after you sold those bitcoins.
Stop complaining and wait for your good year.
In my own opinion, you can have a good amount of profit if you will just follow the rules to invest when the price is low and sell your coins when the price increase but still there are a lot of people who are panicking and sell their coins at its lowest price when the market is dumping the cryptocurrency prices.
Yes you got a point but waiting doesnt always bears fruits, atleast in this case because no one knows how the end of the year will be!
Yes, I understand. You’re just saying this because you were among the lucky winners and got yourself up to 700% profit. What if you never achieved up to that or maybe you never got anything at all? I know you will be among those that are ranting and getting angry over Bitcoin and saying all cryptocurrencies are sh*t! So don’t say such, and there is nothing like one year is enough, cause no amount of money is enough. No matter how much you have, you still got to work hard and earn more.
Maybe last year was your lucky year just like those people who earn good profit as you are. But every year differs from the possible profit that may ones gain/earn. We cannot expect that this year will be the same as last year's price reaching almost $20k but if it is true that the market repeating its history, then maybe it can but there is no assurance on that. Hope that it will go same as last year's though. Let's just all wait and find out.
Agree. There is no such investment that will give you a large profit in just a short period of time. Bitcoin is a good investment. The technology behind it is the next future and we cannot rush things. A good investment takes more than a year. It may be risky, but I am sure it is worth the risk.
Definitely.Good profits come to those who prefer to take risks and waits patiently after.Bitcoin may be so much volatile,we can't predict when it will pump or dump,but when it totally pump,all our hopes in bitcoin will suddenly become alive plus the fact that we will be able to have a good harvest during that time.
yeah agree with it, bitcoin is very slow in it price gaining, but when it gain it very high and intresting to see it just invest and forget it and open again in long time
Well yeah that's true for the previous year but we cannot always be sure about what's gonna happen this year thus it's completely different senario.
We can be only sure of one thing here that is ' we cannot be sure of anything in crypto world ' it's pretty hard to use the same old equations.
Agree.. no one can guarantee in this year bitcoin Will repeat the successful like previous year or not, may be this year bitcoin have different scenarious and I am not really expect bitcoin Will reach $ 20k again but I am pretty sure if the price of bitcoin Will reach at least 15k in this year. I think $ 15k is possible to happen in a few months.We can be only sure of one thing here that is ' we cannot be sure of anything in crypto world ' it's pretty hard to use the same old equations.
Agree. There is no such investment that will give you a large profit in just a short period of time. Bitcoin is a good investment. The technology behind it is the next future and we cannot rush things. A good investment takes more than a year. It may be risky, but I am sure it is worth the risk.
Well yeah that's true for the previous year but we cannot always be sure about what's gonna happen this year thus it's completely different senario.
We can be only sure of one thing here that is ' we cannot be sure of anything in crypto world ' it's pretty hard to use the same old equations.
Agree.. no one can guarantee in this year bitcoin Will repeat the successful like previous year or not, may be this year bitcoin have different scenarious and I am not really expect bitcoin Will reach $ 20k again but I am pretty sure if the price of bitcoin Will reach at least 15k in this year. I think $ 15k is possible to happen in a few months. We can be only sure of one thing here that is ' we cannot be sure of anything in crypto world ' it's pretty hard to use the same old equations.
One good year....and for how long one will have to wait for that!!
i don't think your logic is pretty much right. But the message you want to convey is absolutely right, that there is nothing kept in just pissing off your loss. Instead one must relax and wait for some better price. But I don't think that in this market one full year would turn out to be a good one. There can be a possibility of one good quarter...good enough to cover all the costs and get us good returns.
i don't think your logic is pretty much right. But the message you want to convey is absolutely right, that there is nothing kept in just pissing off your loss. Instead one must relax and wait for some better price. But I don't think that in this market one full year would turn out to be a good one. There can be a possibility of one good quarter...good enough to cover all the costs and get us good returns.
I can't say I agree with what the OP has said, but I do understand the idea behind it, and it makes some sense. I prefer to look to bitcoin potential, and consider as a long term investment. Let's face it, if bitcoin succeeds as a currency, then it will most definitely go to the 6 digit figure. Since it's now at $8k, we are more close to the $0 than to that 6 digit figure, so it looks to me that I have a lot more to gain that I have to lose, because bitcoin is still in the beginning. For me this makes it a worthy investment.
Then you need to consider what are the odds of bitcoin becoming a currency. Giving what you have to earn here, you wouldn't even need it to have a 50% chance of achieving it's goals, to be in profit, so the odds are quite favorable for your potential returns in my opinion.
Then you need to consider what are the odds of bitcoin becoming a currency. Giving what you have to earn here, you wouldn't even need it to have a 50% chance of achieving it's goals, to be in profit, so the odds are quite favorable for your potential returns in my opinion.
I don't think that a year is simply enough.
That may only be good timing or luck, no one knows but the same span of time may yield either more or less in some other part of a year.
I would rather hold my bitcoin earnings for more than a year if I simply can so I can guarantee that I get most profit from what I invested.
That may only be good timing or luck, no one knows but the same span of time may yield either more or less in some other part of a year.
I would rather hold my bitcoin earnings for more than a year if I simply can so I can guarantee that I get most profit from what I invested.
I think a year is a fair amount of time to know and get used with bitcoin investments. It took me almost
a year to even understand while trying not to get too excited. Prices play an important role with bitcoins and so
does the timing, timing is impeccable. Investing bitcoins in times of spikes would result in having to purchase
them a bit more expensive than buying BTC on dips, I learned this the hard way. Patience is a very good
ally with cryptocurrency, within a year you will learn, lose and gain a lot in this market. Bitcoins taught me that.
a year to even understand while trying not to get too excited. Prices play an important role with bitcoins and so
does the timing, timing is impeccable. Investing bitcoins in times of spikes would result in having to purchase
them a bit more expensive than buying BTC on dips, I learned this the hard way. Patience is a very good
ally with cryptocurrency, within a year you will learn, lose and gain a lot in this market. Bitcoins taught me that.
As you stated in your post, we need one or more year to make good profits from bitcoin investment because normally the prices are in downtrend at the beginning of year and the prices are skyrocketing at the other end so which means we need atleast one year.But lot of people invested on bitcoin at the wrong time when the prices are already high.
Every investment requires patience because without it, you would not make a good profit and you will end up failing. That is why these people need to chill out because they already have chosen to deal with bitcoin because it is a long term investment. Added to that statement, the price has recovered a bit and it is going to grow. It is just a matter of time until everything goes back to normal.
Why only a year? Previously, large speculators did not trust bitcoin. But now the situation has changed. They paid attention to bitcoin and can invest a lot of money in it. Using a large number of coins they can manipulate prices for a longer period. What prevents them to keep prices down for 2-3 years. A lot of users during this time will sell their coins because they do not have enough Fiat to survive this period.
I have seen a lot of posts lately, where people are complaining about the price. I can understand that, but based on my previous experience with Bitcoin, you only need 1 good year to make Bitcoin your most profitable investment of all times.
Let's take 2017 for example. I made more or less 700% profit on the bitcoins I bought in January and sold in December 2017. Now I am not financial expert, but I seldom see any investment opportunity where you get anything more than 30% profit within a year.
So, let's put this into perspective for the people who are constantly complaining about the price. If you were used to low interest rates or even if you were lucky enough to invest in something where you received 30% profit, ONE good year like 2017 will cover the interest and profit you would need for the next 20 years. <700% divided by the max 30%>
On top of this, you still get interest on the fiat money that you deposited into the Bank, after you sold those bitcoins.
Stop complaining and wait for your good year.
Let's take 2017 for example. I made more or less 700% profit on the bitcoins I bought in January and sold in December 2017. Now I am not financial expert, but I seldom see any investment opportunity where you get anything more than 30% profit within a year.
So, let's put this into perspective for the people who are constantly complaining about the price. If you were used to low interest rates or even if you were lucky enough to invest in something where you received 30% profit, ONE good year like 2017 will cover the interest and profit you would need for the next 20 years. <700% divided by the max 30%>
On top of this, you still get interest on the fiat money that you deposited into the Bank, after you sold those bitcoins.
Stop complaining and wait for your good year.
Indeed, many people complaining about bitcoin price drop but they dont realize that bitcoin already rising more than 20x from early 2017. Early 2017 bitcoin price around $1000 and highest at december around $19k. Bitcoin price now $8900 and many people said that bitcoin dead or buble burst.
We should look on bitcoin price history and I am believe we will investing on bitcoin for more profits
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