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Topic: You only need 1 good year for Bitcoin to be a good investment - page 6. (Read 787 times)

legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
I see a lot of responses from people saying, "yes, but but... you were lucky to invest early" and what not. It is not about luck, but rather about timing and patience. You have to remember that a lot of this negativity was around when I also bought for the first time. I decided to ignore that negativity and to push ahead.

You have two choices now, because you are in the same situation that I was in, back then.

1. Listen to the negativity and sell your coins.
2. Ignore the negativity and buy low and hoard those coins.

It is up to you, make your choice.  Wink
member
Activity: 1302
Merit: 25
The price of bitcoin will always be discussed as long as bitcoin keeps being the leader of them all. The price movement is very different from other coins.
newbie
Activity: 114
Merit: 0
In fact, it is possible to invest in bitcoin only with enough patience. We find that every bit of bitcoin can quickly break through the last place, which is a rule for investors, hoping to recover this time as soon as possible.
member
Activity: 216
Merit: 11
Yes that's just not clear whether there will be such a rapid growth, or the price reached its maximum and the growth will be gradual.
jr. member
Activity: 170
Merit: 1
To achieve success, we need patience and focus on what we are after, 1 year is not the right time, but if we can live it with patience and focus time 1 year it will feel short.
Given recently there has been a lot of positive news about cryptocurrency being the bright spot of the year, which we can take advantage of investment.
my advice, stay focused and patient in living what is and is being pursued.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
Stop complaining and wait for your good year.  Cool 
You said and represented most of us who invested more than a year and the experience are just the same. For those investors who bought earlier months just like year and sold at the right time, patience is also another important factor for those who wants to recover and earn well just like others.
Now I am not financial expert
Those who are new and recently earned are even calling themselves as crypto experts.  Cheesy
full member
Activity: 602
Merit: 111
As you said 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.
sr. member
Activity: 448
Merit: 250
From the previous experience, the probability of buying bitcoins for a year is more than 80%, and of course we can't ignore the two - year bear market from 2013. In January this year, many people expected the price of bitcoin to exceed 50K or even 100K. I was cautious about it, but when the investment was risky, I hope that the price can be stabilized above 10K this year.
sr. member
Activity: 1988
Merit: 283
I guess last year was the only time you could make that much money. Tell me, what's your profit this year?
no mate, to honest bitcoin price always make new ATH every year and OP is right we must wait for it.  Rather than constantly complaining about the price , and  about your question " what's your profit this year?" by the ways Op is talking about long term holding not day trading, so this is not the right time to ask about it , wait until year end..
full member
Activity: 462
Merit: 102
They’re not complaining because they can’t profit within the year,, but because they want to be rich within days or months of investing.. Its called greediness or having impatience attitude,, the consequences of being not knowledgeable of its history and probability..

Don’t forget that this person complaining are newbies or mostly just creating FUDs because they have invest in other coins like bitcointrash.. Let them do this act and we do our best to profit on their ignorance..
legendary
Activity: 2170
Merit: 1427
I mean each year bitcoin is having different faces and no one can predict what will happen this year too.
Bitcoin is still the same as it was back in the days, just far more powerful and secure.

These are the some questions that does affect one's mentality to trust bitcoin in full confidence.
You have to understand that there are different sorts of trust here.

1) trust in Bitcoin as technology, the good option.

2) trust in Bitcoin as in the market, the bad option.

You are obviously referring to option 2), which is something you can't trust on. The market, especially short term speaking, has time on time again shown that it is unreliable, and thus not worthy of any trust. People who put too much faith/trust in the market will very likely end up in a big disappointment, and this directly applies to the majority of the people here.

I mean just look at you, you invested in January month and in the same year bitcoin went up by more than 500 times upwards. But you know then there was good news from the Japan country but this year there seems to me war between the crypto currencies and the regulations. This year it does seem to be impossible year to at such heights.
How do you know that? Last year was basically the same; Japan or no Japan, no one could ever expect or imagine what would happen. Exactly one year ago the price was hovering around the $1200 level, and before the end of that year the price went up all the way to $19,500. Let the market do what it needs to do, and we will then evaluate the situation exactly one year later.
full member
Activity: 364
Merit: 101
Well we can never really know if this year is a good one or not. I think most people see 2017 a good year since most of us profited from the bitcoin price of upto $20,000. But in january when you bought, did you really think ypu will get the returns as much as you did. You mean to say leave it all to chance or luck, but really its not all about that. You still need a drive to make you buy and then of course money and then you need patience to keep your coins despite the dive in prices and then hope that someday your coins will increase in value. And if it already increased, you need to stop being greedy and to what point woiluld ve your basis for selling? There are so many things to consider to get the returns you so desire, but who knows when and how?
sr. member
Activity: 602
Merit: 259
But isn't thats too difficult to come by. I mean each year bitcoin is having different faces and no one can predict what will happen this year too. These are the some questions that does affect one's mentality to trust bitcoin in full confidence. I mean just look at you, you invested in January month and in the same year bitcoin went up by more than 500 times upwards. But you know then there was good news from the Japan country but this year there seems to me war between the crypto currencies and the regulations. This year it does seem to be impossible year to at such heights.
legendary
Activity: 1596
Merit: 1034
Since the fantastic price pumping that occurred in December 2017 has always been a benchmark that every year bitcoin will always be profitable. I do not want to be like that and tend to be more realistic when I see price movements and news emerging. Since its inception, bitcoin every year is always increasing but I think the experience of price movement can not be a benchmark in the future because although we still have to use analysis to do speculation on bitcoin price. Waiting for it, but do not wait until you uncertain things, better learn is to read and analyze the price chart in order to take advantage of the fluctuations that occur to gain profit, although not as much when the pumping occurred at the end of last year.
newbie
Activity: 90
Merit: 0
With the development of block chain technology, more and more people will hold BTC!

If you buy BTC now and keep it until the end of this year, the value of BTC could rise to 3-4 times. Many people predict that BTC will rise to more than $25,000 by the end of this year!
member
Activity: 182
Merit: 10
can we predict when that good year comes   if that was so predictable I think I'm billionaire right now investing in btc is taking some guts and it a risk just like making fund for a business and hoping that it will become success  making a profit with it its not that easy as you say
full member
Activity: 420
Merit: 101
Do you see the situation these few months after people complained the very low decrease. This is one of the answer that waiting for a year is might giving the result like you said. You just being lucky person. You just being people that lucky to get much profit. Last year.
member
Activity: 420
Merit: 10
www.coinxes.io
Indeed no one complains today thanks to the positive bitcoin trend that is currently able to restore their confidence in bitcoin price growth by the end of the year, requires patience to make a profit, everyone has his own luck when it's time.
jr. member
Activity: 224
Merit: 1
Wow, I really agree with what you think about bitcoin I think there are a lot of people in the forum complaining about the price but I'm sure in a few months the price of bitcoin will increase and can make us have a profit, because my experience and you are almost the same , just wait for the time for the other account you all will definitely benefit in bitcoin, the spirit  Wink
full member
Activity: 658
Merit: 152
Not everyone so organized like you are. Many people have not enough patience to set concrete targets for their investments, that's why they complain, cause they loose possible profit which they could have with correct investment plan. You've done really well and I am trying to do the same, for now my target is 20k$, that time I will withdraw a half of my founds and the profit is going to be huge.
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