Bitcoin Forum

I am interested in investing but I don't have that much experience in investing and am not able to gain good knowledge by doing research. I saw the Bitcoin market was very dumping in late 2022. But now in 2023 the market is increasing again little by little. I am very interested to invest right now if I get the help of a good investor then I will invest in this market. I am looking for a good experienced person advice for bitcoin investment. So that I can profit from investing Bitcoin wealth in 2023. Can't get much idea about the market. How should I start investing right now, should I start with a small amount of money or should I start with a lot of money? Those who have good knowledge about investment will definitely help me in this regard.
Graph of the Bitcoin market right now.
https://i.imgur.com/hRsckZi.jpg

first of all welcome to Crypto world  ;D 8)

Do you like watching youtube ? if so there is a channel on youtube called https://www.youtube.com/@WhiteboardCrypto/videos is explains almost everything in the crypto space and uses animation so it will be easier to understand.

Sometimes I still learn new things from it  :D

Having little knowledge is important before investing

Welcome if you are new to cryptocurrency.  If you think you have less idea about investment then I suggest you to get better idea about investment first. You will get a good idea about this on various social media. No matter where you invest, if you don't have a good idea about investments, you can face losses by investing. According to many experts, there is a possibility that the Bitcoin market will be very good in 2024. Since the market is very bearish now, if you get some idea about the investment and hold it for a little longer time, then maybe you can get some good profit from this investment in the future.

https://i.imgur.com/ZCo6Qo7.jpg

https://i.imgur.com/GHoMpGl.jpg

I want to explain in simple terms by showing you a picture of the direct exchange.  Experience is definitely needed here because the more experienced one is with cryptocurrency the more successful one can invest.  The market reached an all-time high of $69k in 2021.  From there, Luna and FTX fell out of the market, moving the market to 15k.

Now the current market is just above 17.2K dollars.  In such a situation, if the market can be at a high speed now, then it will definitely increase.  You can invest in Bitcoins with confidence.  I recommend you to invest in Bitcoin.

Investing in Bitcoin must be done for the long term.  I think the current time is the perfect time to invest in Bitcoin.

You can have loss if you invest in Bitcoin only one year, in 2023 only for example.

If you invest in Bitcoin longer, in a few years, you will have profitable investment.

Yearly candles chart (https://buybitcoinworldwide.com/stats/yearly-candles/): No 2 years of loses.
https://i.imgur.com/KVFcLS4.png

ROI charts are good for 5 years investment.


2023 can be a same year like 2019. Profitable maybe.
https://i.imgur.com/ASMqOwY.png

This year is still a good year to invest in bitcoin as the price has not increased very much and is still under $20k. You can use this time to start investing and you must have time to stop investing in bitcoin, especially when the price is already very high. You can use the DCA strategy, where you buy lots of bitcoins at low prices with a certain amount of money, which will help you collect more bitcoins. By regularly buying bitcoins at the current low price, you can have a lot of bitcoins and sell them when the price is very high in the future.

I'd say this is a pretty good time to start buying Bitcoin. If you're new, just DCA it and you'll be fine. The price is pretty low, and it may get even lower, but with time BTC will regain its power. And you'll learn how to act in a bear market. It would be harder to start buying it at ATH and then see it drop by 50% or even more.

If you can't make your own investment decisions, then you're really off to a bad start. If you're not willing to put in your own effort, use the money for something else you're interested in instead.

@OP it seems you're don't understand about Bitcoin, it's better to not invest Bitcoin ASAP and try to learn it before, because if you only looking to make quick profit from Bitcoin, you will say Bitcoin is scam when Bitcoin price is lower than your initial investment.

You need to answer few questions before you want to invest in Bitcoin:
1. What's the reason I choose Bitcoin over stock, gold, fiat, real estate, shitcoins etc.
2. How much money you can afford to lose if Bitcoin price fall to zero?
3. Why you need to rely on someone that self pro claimed experienced Bitcoin investor or trader, are you never get scammed?

Resize your images please, no need to quote a whole images.

I'm taking more social media knowledge to invest in Bitcoin. But as far as I understand from there the market will not grow that much in 2023. Right now the market is moving towards a higher speed but after watching the videos of different market analysts, I have analyzed as much as I understand that the market may dump a little more. But now I want to get ideas from bigger investors. Now there is a high chance of profit even if you invest Bitcoin in this market. You are right that now is considered a good time to invest.

I agree especially with mk4 and Despairo comments. The only thing I would add is that focusing on 2023 is too short-sighted, and more so considering what Bitcoin is. We will most likely close this year in the positive, but there doesn't have to be a huge price increase either. Just if we closed at $20 on December 31, there would have been a positive return.

OP, do some research on what Bitcoin is and you will see that it is worth HODL for at least one cycle, if not two, although you can take advantage of times like this to buy more and bull market times to make partial sales.

Invest with knowledge, don't invest in what you see or hear from someone. Although 2023 is also considered a good year to invest as the bitcoin price is still quite low, but it will be good for those who already have good experience and understanding of bitcoin. For you, don't know anything about it, what you are seeing is it's increasing in price, and you want to invest in making a profit, but it's more complex than you see it.

Let's say BTC is 17.2k, and you buy from now on, it doesn't increase anymore but drops to 10k, then you will surely panic and sell at a loss immediately. So please be equipped with knowledge before investing, and the knowledge you can find on youtube is a lot, it is enough for newbies.

I suggest you invest with money that is really cold, or money that really won't be used in the long term, because investing in bitcoin is better in the long term, it doesn't matter how much money you invest, the most important thing is that the money is cold or not will be used in the long term.
because I have personal experience, I first invested using borrowed money, and as a result I was a lot worried about my investment, the point is I wasn't calm in my mind, at that time I thought that investing must be personal money that won't be used long term, so I can be more calm in invest in bitcoin or crypto.

If you want to profit from investing in bitcoin, go for long term holding. Invest in how much you can afford to lose and think of a long term investment. The market is still good for buying bitcoin, and the discount price is still going strong for people who don't take part yet. Don't get late waiting for the price to fall more.

You are in the right place and you did post a thread, so members of this forum will suggest what you need to do now regarding your investment. Just don't listen to anyone who inboxes you with any offer, just ignore them.

You chose a very time to enter the market since bitcoin price is far from the all time high and what's even more important, you chose the right cryptocurrency. Many newbies are attracted by various alts, thinking that they are too late to invest in bitcoin now, while in reality they should invest in bitcoin only since they have no idea how market works.


Its probably the best to start with smaller amount to get yourself familiar with bitcoin, especially how to securely store it which is yet again something that a lot of newbies fail at. Once you get more comfortable to send/receive/store bitcoin, you should proceed with getting bigger amounts, but only if you have some money on the side that you don't need to everyday expenses as you may have to wait for years to profit.

The investment cycle of investing in Bitcoin should be observed with at least one bull-bear conversion cycle, rather than one year. In such a short period of time, Bitcoin is an investment product that can only be profited by long-term holding.

Investing in bitcoins can be a very profitable endeavor if done correctly. In order to maximize your chances of success and minimize the risks, there are certain steps you should take when considering investing in bitcoin for the new year 2023.

First of all, thoroughly research everything involved with investing in bitcoin. Bitcoin is still a relatively young asset class and there is significant risk associated with it. Make sure you have a working understanding of the technology, economics, regulations and other important factors surrounding this asset class before diving into an investment strategy. Speak with experts in the field who can provide personal advice tailored to your individual needs and goals as well as identify any potential pitfalls that may arise along the way.

Second, carefully consider which type of bitcoin investment best suits your appetite for risk as well as financial resources available at your disposal. You could choose to buy bitcoin directly through an exchange or even engage in speculation by trading futures contracts or other derivatives designed to take advantage of its price movements over time (derivative products such as options and leveraged traded funds may also be considered). Setting up regular purchases through algorithms (also known as 'dollar-cost averaging') is another viable option for those wishing to reduce their overall exposure to risk by spreading out their buying decisions across different times during the year instead of only once or twice per annum like most investors tend do.

Thirdly, diversify! Do not put all eggs into one basket! If possible make investments into both fiat currencies such USD/EUR/GBP etc., stocks/bonds/commodities alongside cryptocurrencies so that you have some form of protection against losses that may happen due to volatility present within markets today which could potentially substantially decrease one's wealth overnight so having options outside crypto gives better flexibility more desired optionality overall..

 Finally have realistic expectations about returns on investment from bitcoins; many traders tend overestimate expected reward from past successes leading them astray from correct path towards profitability.. It’s important understand no how volatile market conditions can be what implications will this bear long term terms especially given current political landscape around world.. Monitor news reports relevant crypto space regularly gain insights regulatory dynamics tensions between countries various industries using currency making more informed decisions come tax season too since governments now treat cryptocurrency differently than they used prior years thus requiring people who own digital assets prepare accordingly taxes accordingly avoid running any legal troubles future down line!.

Overall investing in bitcoins new year 2023 lets us capitalize upon opportunities arising frontier while managing risk properly individuals follow these steps thus allowing them realize maximum returns rightfully deserved gains made

If you dont have much knowledge about Bitcoin then you should first increase your knowledge about this technology. You wont get success solely by relying on others advice.


The market in 2022 is very much same as we have in 2022.
There is investment strategy called DCA (Dollar-Cost Averaging), go thorugh it and see whether it suits you or not. As you said you dont have much experience than start with small capital.

It is the goal of 2023 to invest according to the reasonable distribution of one's own income and to continue to learn from the forum. Adding that I spend $200 of my income to buy Bitcoin every month, I think I will have a very good income in the not-too-distant future. Whether you are a novice or an experienced person, it is the wisest choice to stay away from centralized exchanges and secondary market transactions.

If you don't want to give enough time to study, then doing a long-term investment in Bitcoin might be a good idea, we're pretty much at the bottom if you compare it to the past year (though it might still go lower, who knows). If you're unsure of that and want something more, well, backed up, copy trading is also a thing. If you're not familiar, the term says it all, you copy the trading strategy of someone else that they provided. It's not a guarantee that it's effective though so do be careful when studying and judging those available ones.

As for the money, start with what you can afford to lose, no matter how big or small. It's an investment, a risky one, so only use what you can risk.

The price moving around the range of $16.5k have slowly progressed crossing $17250. This growth is really needed one for now. People who have invested little earlier could've experienced the profit. Most of the users who have been waiting for the low bottom might've begun to invest by now believing that the unexpected bounce will continue.

Bitcoin investment is always profitable, it doesn't have any specific year plan for an user. It is upto the user's understanding about the market and decisions made in connection with it.

There is no one answer that fits all for these types of questions, unfortunately! Btw Crypto markets are like the weather, it can get hot(warm) at times and can get cold (cool) regardless of weather so with this analogy you need to understand that there is risk and markets don't move in the direction we intend it to move in. If you choose to invest with the intention of getting a profit be ready for the long journey as it won't be smooth sailing, but I would suggest trading it like Forex to make money off it for every pip it moves be it up or down, good luck.

You should not say, so it is very misleading for newbies, bitcoin like any other investment, it can be profitable but can also be risky for us, the higher the return, the higher the risk.

If OP likes high returns and is willing to take risks, then bitcoin is a perfect choice, but if you don't like risk, its not for you. Currently, bitcoin price is showing signs of recovery but I am not sure if it can last or will rise to higher highs, you shouldn't mind such short term prices. To profit from bitcoin, you need to have a long-term vision, not such short-sightedness. I think knowledge is what you need at the moment, not an instant investment.

If you're looking to make profit this year, I wouldn't suggest Bitcoin. It's a proven tech, a proven asset -- but only speculators make money in the short term. Be prepared to view 1/2 years as short term, and a halving cycle (supply rate adjustment every 4-5 years) as a medium-term time frame, and much longer than that as long-term. I've only had Bitcoin since 2016 and I see myself as maybe midway through a medium-term assessment.

Bitcoin is sure worth an investment if you consider it for a long term, asides that you might end up being disappointed with your investment in it. If you suggest to earn a lot of profit from it this year then I might consider it practically or partially impossible because you’ll end up being dissatisfied more and lose hope in bitcoin. Unless you want to make a partial sell of it at bull run, then you’ll get some significant profit from it.

Initially you mentioned you don’t have a knowledge about bitcoin. That’s is what is the most important for you to do at the moment before taking any step into its investment. Lack of knowledge and understanding of the bitcoin market can only lead to high expectations and which will ultimately leads to disappointment. To begin, gain sufficient knowledge and understanding of bitcoin to avoid future disappointment.

Welcome to the world of bitcoin mate. 2023 is a good start in investing in bitcoin. Make a DCA or dollar-cost-averaging, I am buying bitcoin monthly. Take note that next year is already the halving year. There are no bad years in the halving history of bitcoin. And it is always the following year after the halving that the price of bitcoin reaches higher than its halving year. My plan is to buy bitcoin monthly until the halving year only.

But before investing. Of course, you need to learn and understand what is bitcoin. It is also a must that you understand how to secure your bitcoins as there are a lot of scammers online. Avoid entertaining direct messages from strangers since everything you need to ask is available in this forum.

As a new investor just coming into a new market, always start small. Don't be in a rush to make profit there by investing an amount that you could go crazy if the market dip. Bitcoin is very volatile so if you aren't investing for a very long time then don't invest too much at a time. Invest small amount of money instead so you can always buy whenever the market dips further.
This method is called dollar cost averaging and have been found to be a very profitable way of investing. Most people that are successful at investing uses dollars cost averaging. Next you should not that what people call diversifying on the forum isn't correct.
Don't buy Bitcoin them go buy altcoins and think you're diversifying, that's incorrect as all asset in this market tend to move in the same direction. If you want to diversifying then do that outside the cryptocurrency market like Real estate or forex market.

I would probably set up a reoccurring monthly purchase and leave it be. This kind of investment is for the long run, or at least BTC is at this stage.

For everything else, you can try playing with altcoins in terms of trying to make some profit in the shorter term, but that obviously comes with a grater risk.

From the title of the topic you write, I could guess that you are new in the bitcoin market and a new investor, yet that's too soon to say how 2023 will be because most of us don't even have any information about what's going to happen even in a few weeks and until today just 10 days passed from the year of 2023, so we cannot say anything about it yet. but from what we saw during these years depending on how you aim every year can be profitable for investing on bitcoin if you are aiming for the long term.

This is new year and we don't know how the market is going to move this time with the hope that everything is going to be fine.
We need to learn to keep investing in Bitcoin in as much as we have the capital to buy more Bitcoin and our finance wi nit affe y other persons.

Invested on the end days of 2022 have made 2023 to be profitable. :D
The market is slowly moving forward. We don't know how things could change. Lets stay positive with the market. Investing into bitcoin at the moment is really good. Right now the market is in a situation that defines whether the price bounce or go downwards. Moving upwards makes us miss opportunity, downturn will make us have patience for the recovery. So, considering it an opportunity it is good to start DCA.

I am not ready to invest for a long time right now.  Currently I have some money with which I trade to make some more money and then prepare to buy and hold bitcoins for the long term. I think buying bitcoins at present is definitely profitable but I need to be patient enough.  But I don't have that much patience right now so I want to invest in Altcoin with a small amount first. And later invest some profit from here in Bitcoin for long time.
https://i.imgur.com/6IzzBjZ.jpg

Bitcoin is fighting to stay above the 17,000$, but it's still too early to call it a support level, I think...

You are the best person to answer this question. Bitcoin is a risky investment, so it's advised to only invest money you can afford to lose and that you aren't going to need on the next years, neither for emergencies. If you have a lot of money under this condition, you can buy a large chunk of BTC. It's up to you. Just make sure to hold your coins in a safe spot, preferentially in a cold Ledger or Trezor wallet, what means an extra investment is needed in order to purchase it as well.

There will not be much profit in 2023. Many experts say that the economy will not look good in 2023. Because the US dollar has raised interest rates, various countries have experienced economic recession. I think it is good that Bitcoin can maintain this price.

Do you think altcoins will be profitable, and do you know for the most part that the movement of altcoins will depend on the movement of bitcoin, and if bitcoin doesn't go up, neither will altcon.
the best in my opinion, you still buy bitcoin within your means even in small amounts, and if you do it gradually and regularly your bitcoins will become a lot and aim for the long term. And also buy with money that you can afford to lose, but it's all up to you, maybe you know which atlcoin is profitable according to you without following the movement of bitcoins, that's your right.

Every year bitcoin move to the new hand of the people and new people get into the crypto currency.Even the price of bitcoin was reduced and pump every time.The investors come to the crypto currency for their digital assets.When the market bounce to reverse,the huge pump and dump was enough in the market.So both can be used to gain some good profit from it.When you analysis the market,it was very clear that both the investment and trading of bitcoin was the profitable one.Most of the traders are day time traders now,they will make the investment and get the margins and sell their assets.Whenever we gain some good profit from the beginning trading will be the best option for the long term traders.When you are new and reading this thread,you should start the trade with 10 dollars.Then you won’t loss huge at the beginning.

you are in 2023 mate so investing to this cryptocurrency isn't that bad at all because all you have to wait is small time before gaining what you are looking for(not at least over expecting lol)

so never be afraid as you are talking about Bitcoin here mate , even if there is no speed returns at least this is safest right?

Buy now mate as the price is cheap than the coming season, remember that halving will happen next year and the effect may take at least till 2025.

The best investing year was last year because the price of bitcoin can go below what it is today. But it's okay because you are not too late to start and for those who have started, you can continue to buy more bitcoins because I predict the price will remain in this price range or there may be a slight decline.

You have a good plan to be able to invest in bitcoin and use $ 200 each month. But you really have to be able to buy at the lowest price and don't buy all-in right away because we can see that there are several lowest prices that bitcoin can reach.

You need to change that mindset because bitcoin should be the main asset that is your investment choice. It doesn't matter how much you can get, but you shouldn't wait too long because bitcoin never waits for you to be ready. Indeed, you can invest anytime and at any price, but if you don't dare to take advantage of the 75% discount from ATH then maybe you just don't know what the potential of bitcoin is.

But you have the right to decide whatever you want, including trading or investing in altcoin for a certain period of time. I hope you can make profit from what you have, but I think you should get some bitcoin now.

How much you want to invest will depend on your financial situation. If your financial condition is good then you can invest big. If your financial condition is moderate then you can invest at a limited rate. The market ended 2022 with a very poor position. However, at the beginning of 2023, the market started to grow slowly again. You can invest in Bitcoin in 2023. 2023 will be a pumping year for Bitcoin as a whole and 2024 will be a major Bitcoin halving. So, without fear of investment, invest in this instant market, the market may gradually grow from here and break the old record of Bitcoin and create a new record.

First of all..... Bitcoin is not an investment.

Bitcoin is a technology that can be used as a currency or payment method ...and as a bonus, you can hoard some coin to see if the price goes up.. from where you bought it... and then you can make some passive profit. (The main goal of owning Bitcoin ..is not to make a profit, but rather to use it as a currency)

You might ask... Why do we need an alternative payment option.. or currency? Answer : Because our primary currency are centralized and manipulated by governments and we see how governments fail their citizens all over the world. ((Example : Zimbabwe (Hyper inflation) or the 2008 Banking crisis ..where Banks were bailed out with tax payers money to pay for Bankers mistakes and fraud))

In other words, do you want to make a quick profit and do you think that you will achieve this by investing in altcoins? Of course, there are coins that achieve 30% or more growth overnight, but these are pump&dump schemes in which beginners have nothing to look for, because sooner or later they will lose everything they have invested and earned.

In addition, it is not difficult to notice that the desire to invest strongly increases as soon as the market moves slightly in a positive direction. Everyone thinks that this is a sign of a new bull run and that they will make some money quickly, and on the other hand, only a few months ago you could buy Bitcoin below the level of $16k.

Buy when there is blood on the streets! Now, in my opinion, is a good time to begin accumulation for a long term hold. Just do not go all in at once!

In my opinion, you can invest in any asset that has the potential to rise in price. 

If we believe that Bitcoin is a worthy alternative to the modern financial system, then we can conclude that Bitcoin (as a financial asset) has the potential to rise in price in the future. 

At the same time, its price dropped from a record $69,000 to $17,000.....

If we believe that Bitcoin is good money, then it makes sense to buy it now and expect its price to rise in the future.  That is, we consider Bitcoin (a means of payment) as a classic investment.

Welcome to the world of bitcoin.
Quickly, I'll like to give you an advice. When investing in Bitcoin remove the mindset of get rich quick or wealth. I will not guarantee you that bitcoin will make you wealthy but it can make you comfortable.
Bitcoin can only make you super rich if you are rich already and willing to invest much now.

For your question, this is the right time to invest in bitcoin but in order not to miss out, I'll advice you to divide the money you wish to invest into two, buy bitcoin with one and study bitcoin and other cryptocurrency well before you will invest the remaining money.

It is true that Bitcoin appears to be bottomed out and price are low for long term investment particularly for those who don't have  time to to keep track of market on regular basis.
Though it is difficult to forecast Bitcoin price for the year 2023 with precise accuracy because many factor influence it, including situation of overall world economy, level of Bitcoin adoption & monetary policy of FED, however with indication of decreasing inflation, less severe interest rate increase. Hence, it is likely that  Bitcoin market will stabilize  in 2023, it is possible that  Bitcoin price will keep moving between the range of 20-25K.

The basic idea is a currency, but then bitcoins are traded and become an investment asset because of their price volatility.
I believe most people don't buy bitcoin as a currency, but they buy and invest in bitcoin as an asset instead of other assets like gold or other metals. Also it doesn't go against what the purpose of currency is because that's how bitcoin gets value.

In countries where you can use bitcoin as legal currency, chances are that your mindset is shared by most people. But in countries where bitcoin is not legal as currency, they tend to think of bitcoin as an investment asset rather than using it as currency. Both statements have to be true, and I don't think either one is wrong.

The volatile nature of bitcoin makes it unique,and can not also assure you that this will be the time when the price will be profitable or not. Bitcoin was created for p2p transactions but people are not seeing it like that, all they are after is getting profit out of their coin and when things don't work out that way,instead the price drops and the looses, they regrets or get angry forgetting that bitcoin is for a purpose. It is a valuable assets

If you want to invest, go ahead and invest in bitcoin but don't think about a quick profit so that you don't have high expectations and gets disappointed if you don't make any profit at your given period of assumption. You said about profit this year,there is a 50-50 probability on that. Bitcoin price will surely get high along the run but not a quick,quick one.

To be honest, the cryptocurrency world is rather difficult in "accurately" predicting the trend of its prices. With its high volatility, the price may either increase/decrease without given notice. In addition to it, unlike in stocks, the trading aspect happens every minute as compared to stocks where the trading happens on a certain time.

If you want to start investing in cryptocurrency, then treat it as a normal investment. But you have to regularly check its price on the market. I know lots of people who accumulated profit even in short-term investment due to sudden spikes in its price.

As a general rule also, only invest what you can afford and lose at the same time. Be wary of current events since majority of the news affect the price of BTC in the market. Good luck on your investment, OP!

You're very much welcome into this wonderful forum as you come seeking investment advise from experience traders/investors in this space.
However, no one is an investment advisor here and whatever information you may get here or from me only stands to guide you navigate your Bitcoin/crypto journey successfully, and it's much better you also continue to do your own research (DYOR) as you've have stated you've done some researches.


To start with , I suggest getting more knowledge about Bitcoin is very important because there are things you need know relating to Bitcoin before investing, Things like the security aspect of Bitcoin, basically how to store it safely in a wallet like Electrum wallet, ledger nano wallet (self custody and avoid storing in an exchange), and you need know how to carry out Bitcoin transaction  (Buying and selling) to actually begin with Bitcoin.

Lastly, Dollar cost averaging (DCA) is always the best method to accumulate some Bitcoin.

if you can hold it long term till next bull run maybe 2024/2025. than go for it.
as how much profit. no one can say for sure let say btc rise to 1m usd/coin. doesn't mean you will set at 1m.  it depend on when you decide to sell it

The Cryptocurrency world is open for everyone that's true but that doesn't mean anyone with zero knowledge about this technology can  jump in and make huge profit.
You need to be well equipped with volatility, speculations and price volatility to deal with bitcoin.
You can earn  profits in short term occasionally, for long-term profits you need to have an investment strategy that is spanned over a period of time. Short term investment doesn't work in long term.

All you just said was Satoshi's original goal when creating bitcoin, but now things have gone in a different direction. Bitcoin is an investment, it is a commodity, and we need to accept this fact. I'm pretty sure that 99% of the users on this forum or in the market, what everyone is interested in is what the price of bitcoin will be, what price to buy and at what price to sell for the best profit, few people will care about technology if it does not bring benefits.

Because no one cares about technology. Money is the power. If it would be possible to earn easy, we would still leave in stone age. Who needs development, when all humans care about is to eat tasty food. Satoshis general idea has failed.People managed to screw everything and turn it into money.

Those who care about Bitcoin profitability in 2023 - Bitcoin will be profitable as long as it does not get world wide acceptance and government control. Till that, it will be profitable at any price.

The situation in Bitcoin's market price is still not showing a clear trend line but if you would be able to hit the right entry and TP points, for sure you'd earn profit little by little depending on your margin. But if it is for a longer holding, then it is still hard to tell at this point. The year has just started and the market prices are still not showing huge price movements which makes an impression that prices could be a bit stagnant this year. But that is not to conclude. This technology in general is unpredictable; anything could happen because of various factors; could either be good or bad. So if you are planning and you don't want to 'gamble' that much, wait for the right time; when you're ready to endure inconsistencies and once there is a better viewpoint with the price's direction.

You should see profits if you DCA in long enough.

OP keep on buying in a small amount and just continue. As a newbie, you should not enter the trading market without proper knowledge. All you can do now is buy and HODL. That way you keep filling your bags while learning the basics to advance of the whole concept and by the time you reach the point where you can be confident to trade with your assets, you will have a good amount to start with. And then I won't have to tell you what to do, you will understand it yourself.
Try to learn about DCA and make a target where and when you should purchase in order to keep your investment in a flow. And when the market goes down, don't get emotional and sell. Buy again to average your investment. Keep in mind, Bear market is an opportunity.

I agree, but it would be more profitable if they dare to buy a lot when the price has fallen more than 75% in the previous days. They can also buy with DCA if they still have doubts about the possibility of a further correction, but if they are able then certainly profit can be made in the long term. The cycle will continue to alternate where after a large increase will be followed by a correction, and vice versa.

In the long term, investing in bitcoin will be more likely to generate worth it returns, and i thing it is worth the risk of its price volatility.

DCA isnt something that for everyone considering that we dont really have that unlimited funds which we could really be able to put in.If we had already done it earlier then there's no way that you can do further specially

when the price is still plummeting or decreasing.I could say for those people who had invested into this month of January can really be considered as a good entry and it wont really be that a bad idea on holding it up for

future and it is really been considered to be a good start up.If you do hold then its your choice but if you do make out some active trades then it would be always your choice.

@OP, MK4 is not trying to discourage you, but if you must know, investing in bitcoin is good, but there are other streams of income like doing business, learning a skill, or entering a professional discipline.

In the forum, you will hear lots of opinions and suggestions, but before you invest, study about bitcoin, understand the strategy of bitcoin investment, and make your investment decision. That decision is not something anyone can do for you, nor is it something that should be done in a hurry.

From your topic title, it seems you are just looking for a strategy to profit from Bitcoin in 2023, but Bitcoin investment usually requires a long-term holding to earn a profit, or you are either buying on DCA or trading futures on CEX, and that requires some skills.

There is this old saying, "If you can't hold, you won't be rich." also have that in mind.



Those two links from Pmalek are good learning materials for Bitcoin newbies.


Dr.B_S ✌️👺

More precisely with "lump sum" when money is ready to buy all at once in the sense that you have earned extra money then you can do a lump-sum but with DCA it is their best method because you can buy with small money and it is still quite easy to start from $ 10 can also but indeed it must be run according to our abilities.

The risk of volatility is certain in bitcoin but believe that the previous cycle will definitely occur in the next year's cycle, with spandan it will produce better results because it will see how bitcoin will be in 2024/25.
It's still quite ideal to buy at an average price of $17k especially with a lump-sum it's still quite profitable to take the low price.

OP: with that user nickname Bitcoin_people your question does not seem organic to me, you have to start there, always be suspicious, always, over time we will see if you are an honest user who arrived to the forum with a real concern.

Then if you are a user who really asks about his honesty, they are very weak questions, so vague incoherence for the year 2023, after more than a decade of bitcoin use and consequently all the available information that exists.

I always find it very crazy when in the focus of those who want to help they mention YouTube, I ask you do they have to do it?.

In fact, do you know that it is rare for someone like you to come to this forum wanting to ask questions and learn, given the access times to the information we have and the competition from other niches.

So, Yes! the opposite is interesting, someone they tell you "go to a forum called Bitcointalk".

On the way to your point OP is that if you can do something interesting, rephrase your questions based on the experience of trying it for yourself in a review of all the information that exists here and outside, part of the premise of bitcoin is to have easy access, you can start with small amounts.

BTW,  if you are of legal age you should know what you do, then, when you make an "important" money investment, that can vary according to the capacity (money)of each person and in that sense it is complex.

In that same sense of investment in the "importance" one should know what to do, it is no different that you get scammed or things go wrong compared to the real world (offline).

People have such easy access to a valuable asset like bitcoin like no other, which is what makes it beautiful, that is, being able to invest $10 in a second is as easy as doing it for millions of dollars.

Everything is life experience to start with bitcoin, and then you need to read the basics, but! that in Essence is one of the weaknesses that I have always seen, people who in their life have bought nothing, perhaps some only know how to manage their allowance.

And that's where we return to your OP,  hell!! start by doing a normal shopping, paying bills, buying your own clothes, anyway, surely you must be over 18 years old, then you may manage your money well or if you do it and you're a guy responsible surely a little reading will do. That is to say, we arrive at the point indicated again.

In any case, hopefully in this 2023 this type of ideas or "silly" questions will not continue, although I am one of those who think that a stupid question is the one that is not asked.

So it is the board incorrect, I say; we discuss about bitcoin here, is not a kindergarten, or ask things like OP does.

For those who have doubts about that, some examples.
"How profitable..."
"I am interested in investing but I don't have that much experience..."

but this is the icing on the cake for disasters:

"I am very interested to invest right now if I get the help of a good investor... "

Please, avoid shouting this to the 4 winds, thank you.

It's not easy, it's true, but bitcoin gives you the opportunity to be your own fund manager, unless you have an investment based on a "significant" amount, you should go there but someone who knows where to go and handles significant amounts will never I would write that, you are bait to be caught.

Finally take care.
^{post title: Hit the Road Jack, Song by Throttle.}

Since you are new here, you should first learn how the market works. No one can predict which year is going to be profitable for investing in bitcoin. Only invest what you can afford invest. If you have money lying around, and you wouldn't need them for years, then put those money in bitcoin and keep holding until you reach your profit goal. It can be this year, or the next year, or the year after next year the bull run might start. If you keep waiting, there is a chance you might end up the chance of investing "at the right" time.

This year is a good time to invest in Bitcoin, and the price of Bitcoin is still relatively low. The market is slowly moving forward, now regularly buy Bitcoin at low prices and hold it for a long time to profit.

No, people still care about technology, but it doesn't take precedence over money, and if technology doesn't make a profit, then nobody cares, that's inevitable. In the development of the world, a lot of technology is created but cannot be profitable, people will quickly discard it.

You don't need to worry, no one can control bitcoin not even the government, and bitcoin will soon be known and widely used all over the world for the benefits it brings to us.

DCA is undoubtedly good strategy for those who hold reasonable amount of funds and use them prudently. While using DCA strategy it is also important to wait for major dip to buy Bitcoin to reasonably reduce cost of averaging buying price. If we continue buying on every minor dip, then soon we will run out of funds & miss good buying opportunities. Patience is the key factor in building portfolio at good price, and waiting for the right time to book profit.

Warm greetings from me to those of you who want to invest in Bitcoin, As we know that bitcoin always experiences a similar cyclical polarization from year to year and basically the price of bitcoin is categorized as fluctuating, therefore my advice is not to use large funds first because maybe your mentality will shake in the middle of the road and it's better to do a DCA (Dollar Cost Avergaing) strategy or make continuous purchases of the same amount and use a timeframe, once a month or once a week to keep panic in the event of a decline.
Most people here believe that 2023 is the right vehicle to profit from the 2024 halving.
You also need to pay attention, keep your Bitcoin in the safest place.

Trying to be very rich, very quickly is a hard sell and it will cause a lot of trouble. I have to say that the best thing to do would be making sure that you end up with a big plan for a long term. It's not going to be easy fix and it's going to take a while for anyone to handle it, but it will also be something very important for everyone to handle. If you could achieve such a thing then you are going to end up with a good profit, because long term is the way to make money in this market.

I know not a lot of people think of the long term as a way to profit, but that's the case, since you can't bring in 500 dollars and turn that into 5 million dollars in a week, why not try 30 years? That suddenly makes it possible.

As for how profitable investing in Bitcoin will be in 2023, I'm sure no one will know because the amount of profit one gets depends on an investor himself, how much he invests and how long he can last in keeping an asset. What's more, market conditions are not doing well.
Investing in Bitcoin, especially not for a short time, if only profits in 2023 might be able to generate profits, but only in small amounts because basically investing in Bitcoin is included in the long term if you really want to get big enough returns.
If you want to start investing, it would be better if you take and buy Bitcoin in small amounts first, but you have to do it regularly and consistently.
If you already have a sense of confidence and patience, you can increase the number of assets even more.

The profit you make on your investment depends on your average cost of buying and how market performs in 2023 which nobody can predict correctly. However, as most of analysts suggest, Bitcoin has already seen its bottom and we are witnessing clear signs of market recovery since beginning of 2023. Hopefully, Bitcoin will perform better than what it did in 2022 & its price is likely to stabilize above 20K during the current year.

Hello Bitcoin People. First you must have a clear idea of what you want to do, if what you want is to invest in bitcoin in the short or long term, if your goal is to invest in bitcoin only in the period of time of the year 2023, there are many speculations as to whether it would go up or down, for example, one of the most widely read magazines in the world of finance "forbes" commented in one of its articles related to the whereabouts of BTC this year, arguing that:




SOURCE: https://www.forbes.com/sites/qai/2023/01/05/bitcoin-is-in-for-a-wild-ride-in-2023-here-are-the-predictions/?sh=4d5dd2529fad

The speculations of this year vary a lot, there are even friends of mine who say that this is the year of 100 thousand for bitcoin. My recommendation is always to invest in bitcoin in the long term because it will always end up giving you better results.

I would say that investing in Bitcoin gives you a profit, you can absolutely earn money as long as you know how to handle your emotions ( doubts, fear, patience). If you believe in yourself that you can do this, then grab this opportunity now and don't wait for somebody to tell you that. I know you are not new to crypto, perhaps you are following and also doing research which I could say that you are already familiar with the volatility of the market. We can't sure that this year 2023 bullish or maybe bearish again but despite of any market condition Bitcoin still a profitable investment.

It is true and most of market analysts suggest that investing in Bitcoin for long term always yields better returns, but it requires high level of patience & perseverance to keep holding your position during the downturns of  market, such as happened with FTX & LUNA. Though bearish trends never last for ever and eventually come to an end, but it is important to remain invested and don't make decision based on day to day market fluctuations unless you are proficient in trading.

Bitcoin is certainly worth investing in. Now the market price is slowly rising, but I don't know how the market will develop in the future. Invest in Bitcoin without expecting to make a quick profit. Investing in Bitcoin can be profitable and rewarding in the long run.

The investment potential of Bitcoin in 2023 is hard to predict, as there are many factors that will affect its success. To best answer this question, it's important to understand the state of the market heading into 2023 and how those changes might create opportunities or challenges.

First off, it's worth noting that Bitcoin has been wildly volatile over its lifetime thus far. Prices can quickly change based on news or events that occur around the world. Additionally, understanding the concept of halving is essential for investing in Bitcoin since halvings directly affect supply and prices can rise accordingly when a supply decrease occurs. The next halving event is estimated to take place in May 2024, but should still have an effect on prices leading up to then (especially if more investors continue entering the market).

In terms of predicting price action over the next few years leading up to 2023 however, we don't have a crystal ball but what we do know is that experts are fairly confident about Bitcoin continuing its upwards trend throughout 2021 and early 2022 before possibly tapering off slightly once we approach mid-2022 - all based on current projections regarding capital inflows into both institutional investors & retail traders alike. So while there's no guarantee that these predictions will bear out in reality by 2023 or even beyond then at this point due to unknown factors affecting demand/supply dynamics over time which could send BTC prices soaring/crashing unpredictably along with other markets fluctuations etc., they're useful guidelines nonetheless when considering whether investing now would be lucrative or not come later down the line some years from here onwards onward if certain conditions remain constant (or enough so). 

In conclusion, given all these elements taken together it appears likely that profitable investments can indeed be made with Bitcoins by 2023 especially so long as proper risk management protocols are employed alongside market analysis & research prior + during any session(s) eyeing gainful returns too!

even if you have no much experience but has enough amount to invest ? then Bitcoin is the place mate , there are no safer coins to offer than this as you can buy now cheaper and wait for another 2-5 years and collect your profit.
and looking for good investors to advice you? this forum is enough to use as good advice mate , there are tons of topics here that tells you how and why to invest in bitcoin.

We can't determine how much profits you will make before making any investment in bitcoin as market is uncertain and the actual profits will be disclosed at the time you decide to sell your coins.But one thing is sure if you have decided to hold it for long term then definitely you are going to make profits even if you look at past graphs.The decision of investing in btc on new year is best but for me if you hold it long term.

It was profitable OP, no doubt. But if we wonder why some investors had lost their money? It is simply because they are not good at investing and handling Bitcoin. Because in their mind that once they invest today they can make money by tomorrow, it is a wrong perception and they end up selling as they never understand the situation. The future of our investment lies in the hand of the investor, not the market. It was us personally to decide what we wanted to happen but if we lose control of everything, failure and losses are what we really get.

If we bought today and want to make a profit tomorrow, then this is no longer investing, this is trading. It's possible, but it's definitely not an investment. If we are talking about investing in bitcoin in 2023, it is still very profitable, we are still very low, and the fact that we have been growing the last couple of days should not be misleading, the price is still very low, sell now it's too early, the price can also go down, it can be a temporary increase after which we will go down again.

I realized that it is not possible to become a good trader overnight by investing in Bitcoin for a short period of time.  Rather, if you want to earn money by investing in Bitcoin, you must analyze the market well and be patient.  Investing requires self-confidence and knowledge without which a person can never succeed in such an investment.  So I think at present time it is very good to analyze the market well and then invest in Bitcoin and invest in Bitcoin for a long period of time and make money.

Bitcoin always potential coin and it is better to investment on bitcoin in dip. bitcoin price now around $17000 and i think it is much dip and bitcoin price will not dump bellow $15k so this is not a bad time to invest in bitcoin. if you have enough money and if you have ability to investment then youu can bought bitcoin. but you must accept risk before bought. coz crypto investment is risky and also much profitable.

Not only in Cryptocurrency, but in all other investments, it is necessary to start with small amounts and get to know the sector a little.  If you know a little about the sector, then you can have an idea about your investments yourself.  If you have come to this forum and needed to ask something, if you have discovered this forum, you must have seen that this is a forum where almost every question about cryptocurrencies is answered.  My advice to you is to spend some more time in the forum and try to understand the basic concepts of Bitcoin.  If you are going to invest in altcoins or Bitcoin later, you decide.

Knowledgeable investors should explore Bitcoin. Due of your inexperience, market research is challenging. Any market, including Bitcoin, has risk. Before investing, research and with a financial expert.

Start small and grow as you learn. You can test the market without any financial risk. Another alternative is hiring a Bitcoin-savvy investor or financial counselor. Ask them for financial guidance.

Remember that no one can foresee the market's exact movement, so keep a diversified portfolio and don't put all your eggs in one basket. Long-term investing is usually better than short-term volatility-based decisions

As profitable as ever, simply put. People have this bias that just because an asset's price already soared up to the stratosphere, they don't stand a chance at earning massive profits from it anymore. That's just severely untrue and if you succumb to that way of thinking you are doing yourself a disservice. Imagine if everyone thought that bitcoin couldn't reach 20k, back in 2017, we wouldn't be here at all. I feel like I'm going off a tangent here but anyways, it's always profitable to invest in bitcoin, it's a very secure asset to hold for one, with a lot of potential for profits especially if you coincidentally bought some before a bull run, and ultimately just a good coin to keep in your portfolio.

Of course I totally agree that bitcoin is one of the most potential crypto assets to invest in. The risks are certainly well known and I don't think that's why people don't say it king. In the long term it is certainly more likely to get a higher price, and each cycle is something to look forward to. You have to be sure that the risk is worth the return, so don't hesitate to get more bitcoins in your portfolio in the long term.

Anyway, currently at almost $19K, that's going to be even higher in a while.

That's right.

Someone who wants to be good in trading will go through several tests and experiences before can be good at it. There can be a lot of losses instead of wins and that's to be expected.

And as someone who invests in bitcoin, it's not just all about investing but you're also learning its technology, market and other aspects that do affect it and other markets as well.

At the current situation of the market and being currently at a bear market, I think that investing in Bitcoin in the year 2023 is very profitable.  We all know that 2023 is the year before the halving and looking at the bitcoin price chart, the year before the halving is when the price of Bitcoin is really down.  So buying in this kins of trend is like buying at a discount.

If we look at the current ATH, the current price is somehow at -72% of its all-time high, we have seen Bitcoin breaking this ATH a year after halving so basically the lowest possible profit of those who bought Bitcoin at this price will be 3.66x (Bitcoin price at $18859) when Bitcoin starts to rally and break its ATH.

Investing in Bitcoin can be profitable if you hold it for a long time. Investing for a short period of time can never expect to make a profit. I think Bitcoin market will not grow that much in 2023 but 2024 is the most likely to grow in Bitcoin market. So at this moment it is better to not lose patience and invest in Bitcoin and hold on.

Bitcoin has always been very volatile, the price is already 21k but it can fall as quickly as it rose. But now, as before, the price is still very attractive for buying, even if the future the price reaches ATH from its current value, then your investment can already be considered very successful.

That what we are seeing now seems too manipulative, I doubt that it will continue further and reach large values, most likely after this local growth the price will fall again for a while.

It is legally right now to invest in bitcoin because no year or time is ever late for it,if you do start bitcoin investment now with an high level of experience investor now you will have a good result from it .
What is there is you just need a matter of time and devoting yourself,give it the time and attention.up coming bitcoin investors are to be very smart and creative as well.
You investing in bitcoin in the year 2023 it a big privilege for a beginner to fine and experienced investor so as to teach you how to invest wisely and get profit, you can start with any capital but I think the best is starting with a lot of capital on so it will be easier for you to see your profit quick.

As a new member of the forum and new in bitcoin and crypto world generally, my suggestion for you is that you don't rush in investing in crypto. Because knowledge and understanding are the most important for investing in crypto. So, you should first start learning and gaining knowledge about bitcoin and market sentiments.

Once you gain 'sufficient' knowledge next important thing is strategy. You need to play smart and make your strategy of investment and fund management.

Now coming to the question that is it still profitable to invest in bitcoin then my answer is it depends. It depends on how you invest  your bitcoin in what places and which what strategy. You can still get profit if you use them properly with proper knowledge and planning, otherwise there are chances of loss as well.