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Topic: You only need 1 good year for Bitcoin to be a good investment - page 3. (Read 787 times)

member
Activity: 322
Merit: 11
🚀🚀 ATHERO.IO 🚀🚀
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.
full member
Activity: 630
Merit: 130
I think for late adapters, they panic more because they invested late. They invested when prices are  too high that this year 2018 they are just waiting  for bitcoins or other cryptos to return their capital.
2017 is very much a highlight to the market but I think not knowledgeable late adapters can suffer differently.
We can not tell that this year, those who actually invested when prices are about 18-19k will get their capital back by the end of the year. Well, their One year wait will just be not that profitable unlike those who hold alrready.
member
Activity: 434
Merit: 10
Well, a good visionary can wait for more than 1 year to have a better investment result for bitcoin. If we treat the behavior of bitcoin like on some stocks in stock market where the projection of a good return could take for about 3 years or more then we could say that you are fearless about its value. In current situation of new comers for bitcoin investors they are more affected about speculation and FUDs that makes them to start complaining about the bad price performance of bitcoin, in reality all stocks behave alike including bitcoins. If you know the pattern then no need to worry of how long can you wait 1 year, 3 years , 5 years or more as long as you know the biggest potentials.

Definitely right,  1 year and above will surely make our profit double or triple because this is already been proven by those who invested Bitcoin long time ago. Well, as of now and counting more and more people are now starting to adopt this technology and this is why more newcomers are affected with some FUDs. But for those who already totally understand the crypto I probably believe that they will hold it for more than1 year.
sr. member
Activity: 616
Merit: 256
Well, a good visionary can wait for more than 1 year to have a better investment result for bitcoin. If we treat the behavior of bitcoin like on some stocks in stock market where the projection of a good return could take for about 3 years or more then we could say that you are fearless about its value. In current situation of new comers for bitcoin investors they are more affected about speculation and FUDs that makes them to start complaining about the bad price performance of bitcoin, in reality all stocks behave alike including bitcoins. If you know the pattern then no need to worry of how long can you wait 1 year, 3 years , 5 years or more as long as you know the biggest potentials.
member
Activity: 372
Merit: 10
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.  Cool

  
I think your thread will help others mostly some people don't have patient and to some people new in crypto world. I agree stop complaining and wait your lucky year because our luck is on our hands it depends how you manage your money in crypto or in bitcoin.
member
Activity: 280
Merit: 10
Its a great and encouraging post, but how to know, when that good year would take place...I would just hold my bitcoins, waiting for this opportunity, there is no reason to sell them.
full member
Activity: 1092
Merit: 117
So far we have seen only years when bitcoin was in a continuous growth but there is absolutely no guarantee that is going to continue in the future. I think we should expect a period when the price is just going to stay stable and fluctuate only with a few hundreds of dollars because bitcoin would get to millions if every year would be like 2017.
member
Activity: 322
Merit: 10
Do at your own risk, we don't need to listen to anyone, we have all minds that can help us to do research and decide on when to buy and when to release it.
perhaps you have your own strategy but this advice is not just for you its for everyone  'cause sharing knowledge is a good idea to help someone who needs some advices especially weak hands investors which is lack of of knowledge,  so if you don't want some advice then stay away from this thread,  regards
It is good to share your good knowledge about bitcoin users because it use to increase their interest and gradually people will start to buy bitcoin and hold for long time so it is good to invest right now and don’t sell, we should increase our own and the other people knowledge by making and reading different posts about bitcoin, my advice for bitcoin users is to buy bitcoin when you see the price is low and then hold for the long time to sell at high price, don’t listen to the fake news about falling price, just get knowledge from bitcoin talk and invest for long time.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Well for getting good returns from your investment depends on your trading skills and your luck than any other things and i think you should not waste your time on finding that one good year, and if you really want to make the year to be good for your investment then better practise yourself and learn the trading skills. If you master any one trading skills either technical analysis or fundamental analysis then every trading year will be good for you and for your investment. Focus how you can manage your trades by your skills and after that, you can expect the year to be good for yourself otherwise i don't think trading is meant for you because you will try to gamble your investments purely on your luck.
hero member
Activity: 2828
Merit: 611
Do at your own risk, we don't need to listen to anyone, we have all minds that can help us to do research and decide on when to buy and when to release it.
perhaps you have your own strategy but this advice is not just for you its for everyone  'cause sharing knowledge is a good idea to help someone who needs some advices especially weak hands investors which is lack of of knowledge,  so if you don't want some advice then stay away from this thread,  regards
Hahaha this is a little harsh one but yes sharing is caring. Especially sharing with those newbies how are just new in this world. Definitely they have got so much different questions that must be answered within time for their better results. They are getting experience, for that, they need guidance from us. So yes, if someone don’t want to share information he mustn’t be here.
member
Activity: 350
Merit: 10
for me not enough a year to be a good investment, just give me two or three years enough to make me a good investor here in the bitcoin currency I want to study first about an investment method to get my knowledge very often because I know bitcoin will only wait for us when we want investors.Because for me I do not want to be mistaken why I was banned because of my mistake so that I study It's a long time about investing to be one of my best investors here in bitcoin someday.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
As a beginner in bitcoin, I agree with your thoughts.
Looking at last year bitcoin rose at the end of the year.
Earlier this year bitcoin declined, but it is likely that by the end of the year bitcoin will rise in price.
Be patient waiting for the bitcoin price to go up.

This topic says many positive things for all investors and all are true most of the people investing in the last few months that’s why the value grow to unbelievable value and after growing the investors withdraw their bitcoin and taking the profit amount and put it again this is the reason for the value up and down.
newbie
Activity: 9
Merit: 0
As a beginner in bitcoin, I agree with your thoughts.
Looking at last year bitcoin rose at the end of the year.
Earlier this year bitcoin declined, but it is likely that by the end of the year bitcoin will rise in price.
Be patient waiting for the bitcoin price to go up.
member
Activity: 756
Merit: 12
It is true, bitcoin or others cryptocurrency is long term investment. Better keep holding on our good coin because in digital world, transaction around the world will be more easy and bitcoin or other cryptocurrency will needed
Investing on bitcoin or others crypto need more than 3 or 6 months, like bitcoin price rising from $0 to $19k need more than 7 years
legendary
Activity: 3458
Merit: 6948
Top Crypto Casino
You only need one good year for gold to be a good investment.

You only need one good year for stocks to be a good investment.

You only need one good year for real estate to be a good investment.

You only need one good year for comic books to be a good investment.

You only need one good year for fine art to be a good investment.

....Do you get the point of the above?  It's true for anything you invest in, so this is kind of a pointless topic.  And to all the people agreeing with OP and saying that bitcoin is a sure thing--it's not.  Not by a long shot.  There's absolutely no guarantees that bitcoin is going to have another moon-rocket year like we had in 2017.  It could crash to zero for all you know, so be careful with your emotions.
full member
Activity: 336
Merit: 103
Yes you are right! Why do people complain about the price even though it is still eight times higher like it was one year ago? The answer is simple, they bought at $18,000 in the hope to make a quick money and their business strategy failed! However, considering the already high price, there are surely better investment options in the ICO market where you can get coins very cheap.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
I think a year like 2017 can also happen again but not always it will not become healthy for bitcoins growth, it can grow slowly and steady people are really scared on what is happening in the market when bitcoins correct but an aggressive market like in the 2017 can also happen again because people don't want to get left behind also they want to join the flow in the market is pointing high regardless of the risk they can become fearless but again they must be ready when the market correct as much as it grows it will also bounce low.
I believe there is still really a big chance that history will repeat at the end of this year but it's not really rest assured.Hopefully we will pray for another pump and reach new heights again but since the market right now is slowly moving upward, we cannot predict exactly when will it happen.
As long as the market continues to recover without any news or fuds encountered before it totally moves, then we can expect another good ride like last year but as you said we can't be sure of anything, but be prepared for it or the reciprocal, as long you know your holding working coins or under development project then its good to wait till their done yo see it boom.
hero member
Activity: 3052
Merit: 606
I think a year like 2017 can also happen again but not always it will not become healthy for bitcoins growth, it can grow slowly and steady people are really scared on what is happening in the market when bitcoins correct but an aggressive market like in the 2017 can also happen again because people don't want to get left behind also they want to join the flow in the market is pointing high regardless of the risk they can become fearless but again they must be ready when the market correct as much as it grows it will also bounce low.
I believe there is still really a big chance that history will repeat at the end of this year but it's not really rest assured.Hopefully we will pray for another pump and reach  new heights again but since the market right now is slowly moving upward,we cannot predict exactly when will it happen.
member
Activity: 153
Merit: 14
SOLARIS COIN
I think a year like 2017 can also happen again but not always it will not become healthy for bitcoins growth, it can grow slowly and steady people are really scared on what is happening in the market when bitcoins correct but an aggressive market like in the 2017 can also happen again because people don't want to get left behind also they want to join the flow in the market is pointing high regardless of the risk they can become fearless but again they must be ready when the market correct as much as it grows it will also bounce low.
legendary
Activity: 1036
Merit: 1002
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.  Cool

  
Your analysis is spot on but the problem are not the profits that bitcoin can give, the problem is the mentality of those that bought bitcoin in the first place, they thought bitcoin will go up forever, they also thought that it was impossible for them to lose money and now that both of those things have happened they are unable to deal with the situation and so they complain all the time.

The reasons of this complains was due to people's desire after the price hits $19k to $20k last year. But it became more even worst, because of those traders pulling out of their assets who feared of massive price crash after that speculated bubble price. Certainly a bad thing happened to new investors, and some of them nowadays were just observing the current progress of the price that struggles to pump higher again. One year is a good timeline for that bitcoin investments, so those who patienly wait for the price to strike over I must say everything is worth valueable. No regrets but a blessing in the coming few days or even months this year.
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