Bitcoin Forum

Bitcoin investment, this is the opportunity for someone who wants to invest in bitcoin to invest in bitcoin without looking back, because anyone that invest in bitcoin now will make a profit during bullrun, the price of bitcoin is fluctuating and it does want to up since the price has being to twenty six thousand [26] is over one month or less than one month the price is being unrotational for price, I think that any one that plan to become a billionaire in bitcoin this is the opportunity to invest in bitcoin against next bullrun.

The way I'm looking at next bullrun am thinking that the bullrun will be something that will push bitcoin price  to approach hundreds thousands [100] for the price, but people will not invest now. I split my funds currently to different of coins expecting that if I don't make profit in any of the coins when bullrun comes I will surely make profit in bitcoin because bitcoin price now is no longer going downward or going upwards, but any move the price will make to go up the price will increase, I'm expecting the price of bitcoin to rise in 2025 and 2026 so any investment in bitcoin  should be expected till next two years or three years time. Summary, invest in bitcoin and forget about the investment and hope that you will make profit after some years coming.

I agree with your estimates regarding the potential price of Bitcoin (although I'm probably on the lower side of hundreds of thousands, something like $100k-$200k) and about the timing (I expect it to be somewhat earlier, but the beginning of 2025 makes sense to me). An idea to invest and forget isn't bad, unless a person is very uncertain about Bitcoin and believes that there's a good chance Bitcoin won't recover in the foreseeable future (let's say, over the next 10 years). It's not impossible, so it should be taken into account. And it's also important that while forgetting about the investment, we must not forget where it's being stored and how to access that wallet. I think some early adopters invested in Bitcoin and forgot, but then unfortunately couldn't make use of it because of not having access to the funds.

We need to connect all the facts that we have known till now about bitcoins. We know that bitcoins are limited in number, that is there is fixed amount of supply of the bitcoins. Hence we can consider bitcoins as a precious asset. Hence, we should always keep on collecting or accumulating the bitcoins.  A Time will come when there will be scarcity of bitcoins and at that time if you have enough bitcoins in the wallet, then you can sell them for a very high price. Hence, whatever OP said, it’s good. So invest in Bitcoins and keep the coins untouched for many years.

What you say is like, "Invest now, then hold long-term." Actually, this is one of the best things to do for anyone, especially beginners who believe in Bitcoin, even if they don't have enough knowledge about it. And once someone has done this, they can actually add DCA this way while they wait for the right time to sell Bitcoin.

As long as you have extra budget money, buy it again, even if it's a little bit, and at least somehow your holding are increased because your future savings are sure here in my view and belief in Bitcoin. There are people who still don't want to invest now. Believe me, when the price of Bitcoin is high, those people will buy.

The bitcoin market is definitely going sideways and it seems like this is how it will be for the rest of this year. So the best thing is to invest only what you can hold for a very long time now. But the statement about been a billionaire is something that I don’t really go with because even in the next bull run the most anticipated like price high isn’t going to be above 5x although it go anywhere. But for someone with just few thousands then it will be hard to see them turn billionaire over night, only someone who invested hundreds of millions can actually get to a billion but also not in profits. So the billionaire tag is not realistic.

yes a realistic approach will be to settle for 100k and it is possible we could meet that target in the year 2025 or 2026 because of the past trends. I wound also say all investment should strictly be in bitcoin because the risk of having them In Alticoins just for profit is big but if you some money you can gamble then you can swing to Alticoins but do not place any realist hope on them

It's a great feeling when you invest in something that you can afford without thinking about whether it has made a profit or not. Because if you think about something, apart from being confident that you will make money, it also shows that you are a disciplined person. You should also know and accept that investing has risk, so it's no guarantee that you will make profit, there is a chance that you will lose because we can't control what we invest. But, as an exception, if you know when to invest in Bitcoin, you will undoubtedly profit; there is no particular period when this will take place, as long as you do not sell it below your buying price.

There's no guarantee in altcoins investment as you can split your fund as much as you like and still lose in all the altcoins you invested into. Nobody knows the next altcoin that'll be pumped by whales for their selfish gains and later dumped as they have been doing whenever there's a bullish momentum in the market. It's better you don't have any altcoin Investment than putting your hopes on profiting from them as all investment in them should be consider as just a gamble (if you can't resist to invest in them). Put more money into your Bitcoin portfolio and keep increasing your stash. Just as you said, you can invest and take your mind off it but only do that when you have invested and taken your Bitcoin off exchange to stored in a secured hardware wallet or any other non custodial, open source recommended wallet.


These are all speculations as the past doesn't guarantee the future even when it comes to Bitcoin so we should Invest wisely, we should have the mindset that anything can happen. We expect the price to rise after the halving is completed but we shouldn't expect it to happen at a specific date or year as we might be disappointed (but very unlikely to happen). The only thing I can say is, the future of Bitcoin is going to have the price increase so our investment should be that for the future and not an immediate expectation of profit. A Bitcoin investor should have a long term mindset.

If you're a bitcoin investor, then it is expected of you to invest and hold, but after doing that, you're also expected to to monitor your investment and keep track on the market trends and not that you left and leave without having focus on what you have invested in, when you invest on bitcoin, it is also required of you not to release your investment for other digital currencies, not to sell when you should hold and not to handle your wallet security carelessly after making an investment in other not for others to have access to your fund and steal them from you by any means.

It’s always advisable and has been proven that those who invest in bitcoin and don’t think about trading or selling them off any time soon from their initial time of investment always happens to be the winners at the end of the day.

Why one decide to invest they should always make sure that they have something doing which can benefit them and give them a little earnings which will make them remove their attention on how their investment is doing and they can’t get moved by any small price drop. Investing and pretending to forget the investment why you are allowing it to grow is one best way to take a large profit out of the market.

You can do this, meaning you buy Bitcoin, save it for the next few years and buy again, and so on. That will prevent you from panicking if the price of Bitcoin moves down to another low price because that's usually what happens to people. And if people want to start investing in Bitcoin, now is still a good time, especially since Bitcoin prices are still low.

By doing DCA every week or month and doing it for 1 year until next year, he can make a lot of profit, depending on the amount of Bitcoin he has. But he can also keep Bitcoin for the long term, perhaps for the next few years. And it depends on the investment plan.

At least, by using this method, you can be calm in making your investment. You will not be confused or panicked by Bitcoin price movements. You can also do other things while carrying out the investment plan until the time comes for you to sell it.

It's like invest and go back on it when the price is higher. Like what everybody is expecting for Bitcoin, it's on 2025-2026 that we're moving forward to see the higher price.
But I think in 2026, it's more of when the bear market will occur than of the extension of the bull run.
We shall see it then but most like starting next year, during and after the halving there could be around 1.5 years for the bull run so it's like up to 2025.

Everyone wants Bitcoin, right? Let's step back and see the big picture. Bitcoin has had its moments, and it may have more. Everyone must realize that past performance doesnt always predict future results.

Yes, I understand. Youre excited. You see the potential and think now is your chance. But what if its not? What if the market wont act as expected? Not that you shouldnt invest, but that everyone should know about the risks. Increase your investing diversification? Dont put all your eggs in one basket, right?

Everyone wants to ride the Bitcoin train, but are we ready for the black swan? Bitcoin investing and forgetting about it sounds great, but what if the world changes in those "forgotten" years?

I agree with the message the OP wants to convey and a parallel comes to mind, which is that the most profitable portfolios in the stock market are those that are not touched for many years after buying. Obviously you have to buy top quality assets to make it work. What I don't agree with is this:


You haven't stopped to do the maths, as happens in many of these threads. To be a billionaire in the next bull run you will need to invest a lot more money than you think.

With the numbers you give, if you have $1,000 in bitcoin now, you will have $4,000 when the price reaches $100,000. Let's be optimistic and assume that the price next cycle doubles that amount, so you will have $8,000. To become a billionaire you would have to start with $125,000,000 and I don't think you have that.

Bitcoin can give you a good return but it is not going to change your life in one cycle. For something significant you are going to have to invest aggressively for a couple of cycles, but I recommend taking it easy, investing little by little and enjoying the process.

You are aware that the economy is kind of tanking right now?
We are on the brink of ww3, multiple chances to start a war which is the one piece needed for many governments to restart their economy.
Its a marvel of time that Bitcoin can be that stable.

The $100.000 mark requires a lot of people to make good extra money.

It is not wrong in the matter of the price and how bitcoin can make us enter a positive Return (ROI), it is always there latent, there are people who do it every second, we do not have to wait long to enter a profit at the end of month with ranges in green.

Now, its appreciation has the variable volatility vs. expectation, it is speculation, yes, it will have 6 figures, the issue is when, they are two variables that work well for a long-term investment, I like to write this in simple words , especially since it is not on trade discussion board, since the idea in my opinion on this fair board is always to have a discussion about bitcoin as simple as possible.

And, based on that, those of us who "live" in this forum understand it,OP topic, which is repeated regularly and grows when the halving is near, in short, the other thing, do not use the adjective millionaire, is to create " smoke orange."

It's good if you have a strategy for investing and most people may have difficulty providing capital when they want to buy, even though Bitcoin investment can be done in any amount. If you intend to collect bitcoins regularly then DCA can be applied as a strategy. I am a bit confused to understand what you mean by splitting multiple coins and if you think Bitcoin is one of the best investments, why would you prefer multiple coins to invest simultaneously. Other coins may not be able to show strength in sustaining themselves in the market and many risks may take you to the stage of loss as many coins suddenly die in the market.

That's the advantage when people invest in bitcoin and don't need to think about any conditions because bitcoin can provide a price spike when the four-year cycle arrives. If today you invest some money in bitcoin, in the next few years you will make a profit once bitcoin finds its next ATH.

This is the best way when we invest in bitcoin and I believe any bitcoin investor knows about this but I don't think many people will do this. People will always check the bitcoin price every day and always check their investment portfolio every day. It's very easy to say, but to do it, not too many people can do it because they are investing with their own money and no one wants to take their eyes off their money. But you're right, the people who do that are mostly the ones who make huge profits.

Easy to say from your mouth but to leave the BTC in your wallet for  long is the issue to some people because once there is a home challenges that require huge amount of money you will rush to sell your BTC without consider the price at the moment. Many people has use this opportunity well in this long bear run to buy as much they want to buy and hold for the bull run to come before they can sell and it will be difficult for such people to miss their opportunity when the price hit $100k. If you invest in BTC try to apply long holding to it, I guess you will not regret with your decision because long term holders make more money from their holding than short term holders in the community because short term holders don't use to hold their BTC like 1 or 2 years before they will sell.

There will be no third world war, you don't need to be so pessimistic. Recession? Even if it happens, it has to end at some point, it can't last forever so you don't need to worry too much about it affecting bitcoin.

I still believe bitcoin will reach $100k or more in the next bull season. Of course, that won't happen right after the halving, it will take some time. And I think that's also when the world economy is gradually recovering.

Your expectation is high at $100,000, but it's not impossible. But it is better to keep your hopes not too high to avoid being too greedy and missing the opportunity to cash out some profit.  It seems you have so much money to risk in altcoins and how are you sure that you can recover your losses incurred from altcoins through your profits from Bitcoin? It will be better to focus only on Bitcoin if you don't have confidence in any altcoins.  


Bitcoin is not an investment that one can rely on as a daily source of income. So investors will always have full or part-time jobs that provide their daily needs. Whether we are investing using a lump sum or DCA strategy there is always a need to have a plan for our investment. In drafting our budget or plans we should always invest only what we can afford to live without. We should put in money that will not affect our all-round well-being even when plans fail to achieve it's target.

When the market is at bearish, it is always the right time to invest in bitcoin. Currently the price of bitcoin can  be considered as such and we may not notice another bearish price again before the bull run begins. A lot of speculation will continue to go on, whether the bitcoin price will experience some bearish effects before the bull run, but there’s no guarantee in all of this claims. The best to do is to buy now and awaits the bull run in order not to miss at a lower price beyond this if we don’t experience a bearish market again before the bull run.


Bitcoin price being pushed to the to the $100K price are all speculations from people on past events and present trends which are used to forcast what the price maybe. They should not be totally dependent on to avoid disappointment in the future.

Splitting of your funds to different coins against bull run is not a guarantee of making it big at bull run, some may exit the market before then and some might not be able to withstand the market volatility before then, that’s why it’s advisable to always invest in bitcoin. When you invest in other altcoin, bitcoin should own the highest percentage of your investment funds since it’s more dependable on a returned profit than them during bull run you invested against.

Well, there is always opportunity to invest in Bitcoin and yes I agree that this is the right time for such investment, but I have to say that it's really hard to become a billionaire in Bitcoin these days because Bitcoin is already at high price mark for many people and having a single Bitcoin is dream of many people. I know that Bitcoin will get higher in price during the next bull run but still it's not going to make everyone a billionaire or even a millionaire in this bull run.



The price of Bitcoin will reach another ATH in 2024-2025 and that ATH will be above $90k for sure. But, the ones who invest in Bitcoin today may already be at profit during the first or second quarter of 2024. If someone really wants to make a lot of profit then that user should hold his/her Bitcoin investment for at least two years.

The human brain and psychology work in interesting ways, many times we know it's the right time to do something but for some reason we don't because we prefer to wait for a better opportunity, and maybe we are lucky enough to actually get that better opportunity and we think there is going to be even a better one, but oftentimes there is not, and we simply miss it. For me buying BTC below $30k is a great deal, of course $25k is better than $30k but if we reach $+100k who is going to care at that point?

It is very certain that the bull run is going to be available to us but we don't need to rush it. Bitcoin investment is a good one but we should not only depend on it alone because the market can crash at anytime which will leave us in loses if we have not really predicted the market or seen what the is about to do before the bear occurs. Ther is need to for us to plan for this Bull market that is coming so that we are going to benefit from it too. At we are holding Bitcoin, we can likewise hold other good projects that have strong team and community with good momentum.

If there is a bull run and if that bull run takes us above the current price. I'm sure bitcoin will go up but we don't know when and for some people investing for another 5 years is hard.


What does this even mean?

Please read your text before posting next time.


And what if it doesn't? Do you have a backup plan?
People who have high expectations towards the price usually take it the hardest when it underperforms. Don't be one of these people.

So I was told before Russia marched into Ukraine. My guess was that Russia will march in, I even got the month right.

Therefore I believe you are wrong on both counts.

It not overly pessimistic, there is the Kosovo where Nato troups and Serbia planning something.
There is China and their sourrounding countries, one of those being Taiwan. Plus China having problems with their people and economy.
Of course there is Ukraine and Russia.     

Wanting to make an immediate profit from an investment leads us to make mistakes. We should not prefer this method, especially during periods when the market is stagnant. We all know that bull season is coming for Bitcoin. Therefore, it makes more sense to buy Bitcoin and wait.

As the topic title says, invest in Bitcoin and forget about it. Your investment will be appreciated in due course. Bitcoin has always made a profit in the long run.

I have the exact same strategy LOL. My portfolio currently consist of 40% bitcoin and the rest is on altcoins. If ever I lost some of my investment on altcoins due for half of them are gems or at risk of not glowing up in the bull market, I can cover up my losses in my bitcoin investment. Though I don't forget that I have a investment on bitcoin since I'm doing a DCA strategy in it and I like checking my wallet if there's no problem in it like being stolen or some sort. I like this strategy and hope we all succeed when bull market comes and make good amount of profit.

Well said buddy, we also can earn huge profit by investing on others alternative coins which has strong team and community but that fact is here I think for long time Bitcoin will be the best because here I don't think if any people investing in Bitcoin with making a DCA management for long term will face loss. But if we are looking at alternative market then I think there will be a insecureness  for lossing of whole fund in the case of long term investment. But I will not say that it is not possible to earn profit by investing in alternative coins, it is possible to earn profit but if he knows good technical analysis, it will be seen mostly in short term.

Did we change the term "Long term" and changed it to "Forget"  ;D just kidding

I know how much time you need to make a profit on bitcoin these days, we have now a very different environment of cryptocurrencies and market. Long term investment needs a lot of time, and make sure that this long term investment is worth to wait, so amount should be taken considerably as well. Institutions that invested on bitcoin is very positive with bitcoin in coming years, this also mean that they will utilize bitcoin in the future injecting it to their own market and make profit out of it, so investing on bitcoin is on a low risk at the moment. I'm seeing an ATH in next 2 years, hopefully.

You should make a tutorial for people who want to spam the word bitcoin. When I read your post all I see is bitcoin bitcoin bitcoin, which is understandable since you used the word 7 times in a single sentence.


Why do you buy coins you don't expect to profit from? If bitcoin is all you care about, buy bitcoin!
"I don't think altcoins will go up but I buy them anyway" It's stupid!

I would like to assume you mean billionaire in the $ currency but, you ought to have specified on that as, it’s rather too easy to become a billionaire in some other currencies as opposed to others when you look at the exchange rates.

How do you think investing in bitcoins would make you a billionaire (no currency specified) and still go ahead to split funds for altcoin investments with hopes for a bail out in altcoins? If bitcoin is that reassuring as I think you do believe and I do believe as well, why not stick to it and not patronize the idea of altcoins that could end up dumping even more. Yeah, I get the diversify idea but, that could mean not just altcoins but a field outside cryptocurrency at most.

The current bitcoin ATH is around $69k and there is only a couple of 10s of thousands (3X) between $100k and the preceding ATH. The idea that every bullrun comes with a new ATH, a range very close to $100k is achievable.

Its right about Bitcoin price fluctuating but never have guarantee with our investment earn much profitable later although how long have to be holder, be smart trader or investor exactly when investing in Bitcoin. Not bad ideas after investing and forget with investment for waiting several years later, but bitcoin have moment with correction and pump its opportunity for us reinvesting and taking profit. In bitcoin investment, we need  update price in daily day although have recommended with long term holding but always get chance or opportunity when bitcoin on higher price its time for taking profit and re investing with moment bitcoin crash or going dump.

Don't make bitcoin as long term holding if get chance to buy back in lower price except have much capital and keep reinvesting.

It is good advise to invest in Bitcoin and just forget about it till you actually want to remember, but the issue is how to endure the process of achieving this feat.
 If DCA strategy is what's employed for this, the duration for the DCA will be added to the duration of forgetting because you can't actually claim to forget your investment and still DCA .
Also, the fact of buying the Bitcoin at once is good but can you really afford it?
Remember also that not your keys, not your coins, incase during the forgetting period, hackers get their way into your wallet or you don't know your phrases anymore.

The aspect of hacked that particular statement is been depends on the way you keep your seed phrase, and it's also advisable for someone who is into bitcoin to know that either you use a wallet that have high security or not you don't need to expose your wallet to air, and secondly you have to follow things in way that can protect your bitcoin.

Bitcoin proved that it is an asset that can help newbies who don't understand the market well, some individuals says that if you don't have knowledge then you are unable to hold bitcoin but I will say that only little understanding is enough to hold bitcoin and the rest of the knowledge is easy to obtain once you become a part of crypto community.

Now there is not a big pump but very soon bitcoin will be pump to return our hold money. At least four years you will keep your bitcoin because it is not matter of seconds and neither you can get knowledge in a second nor you will earn in a second but its like a job that once you initiate job you will give time to it and will not leave until you reach to the age of 60.

There is no specific age for bitcoin investment but if you start investing now then after years it will give you huge money that it will be enough for your whole life.

There is nothing wrong with this suggestion, it is good enough to motivate them, but I would like to ask if everyone can afford to buy bitcoin at once at $27K now? If they use the DCA strategy then it will be done along the way and not buy at $27K even up to $50K when it must be bought because of DCA, what about their journey will it be smooth? Not that easy even though I also always advise them to HODL bitcoin until the bullrun.

$100K is a realistic prediction, sometimes many investors sell midway because they have made a profit even though they are not at the $100K target, that is their choice but again it requires a lot of mentality and strong understanding, I myself feel strong enough even though I will continue to do DCA until the price is high.

Cryptocurrencies offer an impressive value proposition where you can invest small amounts and make big profits. However, this doesn't mean there are no risks. So minimize risk by diversifying your portfolios when investing in cryptocurrencies and Bitcoin. Just as there are no guarantees, there are no guarantees when investing only in Bitcoin.

Bitcoin is the most important cryptocurrency and the least risky in terms of investment because of the value environment it creates and its value protection against inflation, as well as being an asset that is becoming increasingly difficult to extract. For the long term, i always prefer Bitcoin but i don't always put eggs in the one basket.

I really like the valuable comments Op made about Bitcoin that really put it into perspective. Currently the demand of Bitcoin is increasing day by day and its popularity has also increased manifold so my personal opinion is that if we can hold Bitcoin for a long time it is possible for us. So in that case we can get high profit through Bitcoin at one time. So for those who can afford it, I would say hold on to Bitcoin and see if you can sell it at a higher price next time. This will improve our financial condition.

And what is the high price, when will you stop buying Bitcoin? This is a fairly important question that can ultimately determine the profit you can make.

You say that you can buy even up to a price of 50k, but I don’t think that this is a good idea, since this can greatly affect your price and in the end it will give you the opportunity to make a small profit, if for example you sell at a price of 100k and it will give you only x2, or a little more, then this will not be the best result that can be obtained from an investment in Bitcoin.

You need to try to buy as much as possible now if you haven’t bought before, because from the current price to 100k, you will make a much larger profit.

Will continue to make purchases before reaching the previous ATH price, Yes this is a commitment using the DCA method, to make a profit I will sell some to gain a profit and not sell everything straight away.

Why isn't it a good idea to buy at $50K? I think it's still a good idea as long as the price hasn't touched ATH, even if you get a small profit, for example 2x, then that's good enough, right? Here I refer to DCA so the price of $50K is not the full purchase at one point but rather the average price ($20K - $50K).
We'll never know if that was the $100K high? What if the price exceeds that, of course the profit will not be 2x or even above it.

Having done it long ago with bitcoin purchases, here I am looking forward to $100K in the future.

I would not recommend to forget any kind of investment.  This is one of the reason why many people missed out on profit in altcoin.  Although Bitcoin is believed to be ever rallying even with dips, it still ends up breaking its ATH, forgetting our Bitcoin investment may make us not to remember it.  Instead, we should be firm with our beliefs and keep on holding while we keep ourselves updated on current events.  We never know what the future of Bitcoin is, so the possibility of the Bitcoin market crashing and never recovering may happen.  If this happens we will end up missing the opportunity to sell at a profit.

It's true and not wrong, many people lose funds if they invest other than BTC, especially if the price goes down. What is generally seen is that if we are in the uncomfortable position of having to sell during a decline, the potential for losing money is quite obvious. If we are patient, perhaps another option is to hold on and hope the price rises again while risking higher losses if the price continues to fall.

It cannot be denied, anything can happen in the market and this digital financial system has served us well, but I think the time is not yet for BTC. Regarding the consideration of a crash, caution must be taken but, if we look now the bigger economic behavior is currently in Bitcoin and many large trading companies are coming to the table with their money to invest in BTC. I personally think BTC is still very promising.

I believe the idea here is to avoid early and have a target take profit on a certain period of time. I understand the your logic since I experienced this miss profit when Bitcoin initially reach during 2017 but I still hold on until I manage to take profit on 2021 profit which is x3 of the ATH of 2017 that gives me more profit compared if I take profit during 2016 since there’s no guarantee that I will still buy back using my profit.

The problem on trading is fear of missing out or afraid to buy at all thinking that price will dip more. I believe holding on long term is really the best strategy but not to the point of forgetting it just to not touch it. Maybe once a month or yearly check is good just to make sure asset is still safe on wallet.

If I tell my personal story, when I invest in Bitcoin, I see several times a day how much it goes down or up. I immediately panicked because of this. However, it may be a good idea to invest and forget, but it is doubtful for whom it will be feasible. Because I can't control myself for it. I have reported it several times. But if someone is able to do this then it will be a great experience for him because when the price of Bitcoin goes $100-200k he will get a big surprise and a huge profit.

That's right, using the DCA strategy doesn't mean you will continue to buy it whatever the price, especially when the price has risen too high. Carrying out DCA there should be a target where you should stop buying, and only take advantage of significant dips to make purchases when the price is too high and stop buying periodically.
In my opinion, the DCA I do is buying periodically when the Bitcoin price is still below 50% of the previous ATH, and increasing purchases when there is a significant decline. And normalized periodic purchases when the price of Bitcoin was going up, and continued like that until I stopped doing it which I thought was the right time. And only buy at top prices when there is a significant dip as this will inevitably happen which will eventually come back up, and Hodl in the long run.

Investing in Bitcoin and forgetting about it is just a cliche in my opinion, because we are not in a time where there are doubts about Bitcoin at that time. And currently Bitcoin is so popular that I think we will hear or see news or reports about the development of Bitcoin that will tempt us to see and be tempted by the increasing profits.

Makes sense. Of course, this is very dangerous if we completely forget about our investment without following the information and Bitcoin price movements while waiting for the bull run market. It would be fatal if at any time Bitcoin or altcoin encountered problems that caused the price to drop to nothing, I don't mean to do FUD but rationally this could happen, I put my money in Bitcoin and I'm also wary of that, that's why I carry out hodl by continuing to follow Bitcoin information and developments. At least we are ready to take the first step in securing investment.

That doesn't mean investing and forgetting about it, but investing and saving and doing other things so that we don't panic when checking the price of bitcoin, which keeps changing every minute.
That's what I've been trying to do so that I'm not affected by the rise and fall of Bitcoin prices and can be calm when investing.
But there are times when I can't control my feelings when I see the price dropping too far and when that happens, I choose to calm myself down and leave my phone at home so I don't check the price too often.
But if someone chooses to invest and forget about it, they must really be able to store bitcoins.
Otherwise, they will lose their bitcoins, especially if they cannot properly store everything related to their wallet.

Investing in altcoins could be really good for the short term. However, if you're looking to invest for the long term with the potential for higher profits, the right thing to do is to invest in Bitcoin and just wait. I believe that Bitcoin's price will increase a lot in the future and reach a new ATH in the next few years, probably 1-2 years after the halving. I do recommend investing in both, for the long term when it comes to Bitcoin and for the short term when it comes to investing in altcoins. :)

I mean for sure it is probably an effective strategy if you're just going to forget about your Bitcoin because probably the market price is just going to increase when it already Bullrun and the easiest way to hold your Bitcoin is just to forget about it so that the price is going to increase over time. But I guess it is just easy to say, if you can actually do that it's going to be a good strategy but it wasn't really easy since when the market drop there are always fear, and most of the investors are getting FUD, and ended up selling their Bitcoin at a wrong market price.

Still the best thing I guess is just to DCA since if you can really buy Bitcoin at big volume since it's going to be expensive, Bitcoin is still a very risky kind of investment even though we said and believed this kind of things that probably it is going to happen or we are going to make a good profit when the Bullrun comes as long as we hold our Bitcoin. It is still not a guaranteed investment because the market price is just determined by a lot of factors and one of it is just supply and demand, and there was really no proof or anything since it's a digital currency it doesnt have any tangible assets like gold. So in the end all of it are just speculation it wasn't guaranteed that it is going to happened, we dont really know if Bullrun is still going to happened.

Halving is going to happen in 2024, next year, what is likely to trigger a new bullish run in crypto market from that moment on, although there are chances the effect may happen only a while after the halving event, so you are right when you predict BTC to rise in 2025 and 2026, because some delays are also expected by many specialists and speculators in general. The important is to be ready when the moment comes by storing your coins in a safe wallet under your total control. This way you prevent negative surprises when the market starts getting bullish again, as in times like that it's possible many platforms get greedy and attempt to steal users' funds deposited on them...

Many have suggested not to forget about the investment on different cryptocurrencies. To my understanding it is always good to invest with bitcoin, as it have got good growth record. Further you should remember the credentials, and you shouldn't have the tendency to keep on watching the price when your plan is long term holding.

To all my friends who ask for suggestions on cryptocurrency investment, I suggest what one can afford to loss. When one follow this, people enjoy profit and if things didn't go well as predicted the same doesn't affect their living.

While that is a welcome prediction, I don’t think the next bullrun will push us to 100k heights. First off, there’s no good reason to. Bitcoin in the past were able to increase in value thanks to hype that it created or it rode in. ICOs, DeFi, etc. these are what drove bitcoin to new ATH valuations in the past, not just cause it’s “hip”or whatever.

Plus it’s not a good investment advice to forget that you have assets in holding lol. That only works when you’re ina Drama series, in real life that would always equate to you getting liquidated and your whole investment portfolio getting burned down without you even knowing.

You are right, the price is pretty low at the moment and if we witness the bull run in the next couple of years, investors of today's market will get pretty good profits.

Well, that doesn't sound realistic at all. Considering the potential growth percentage of Bitcoin, you can't really become a billionaire unless you are spending more than $250m which then might turn into $1b if Bitcoin goes up about 4x.

Even if it reaches $100k, that won't really make the investors billionaires unless they have invested huge amounts of money in it.

You can't be sure, even though the market is quite stable at the moment, there is no guarantee that it will go up from this point onward, it might go down as well any time.

Yes. Invest in bitcoin and don’t monitor it more often, or better yet forget about it so you won’t be pressure of its price fluctuations. Most of the time, if you are too greedy for your profits, you tend to check your investment most often and when the price suddenly drops, you become emotionally bothered. When that happens, you turn into panic selling so you won’t lose more. If this what you do, then you are not investing for profits but definitely investing and make you the losing end. Invest in long term because that’s the only way your desired goal will be achieved.

This topic should really be dedicated for newbies. Many of them think Bitcoin is a get-rich-quick scheme, they are probably triggered by news of how people dollars are turning to million dollars so they think it’s always that way and always swift. If you’re buying some other crypto, you may need to keep an eye on the charts just Incase the project dies but when it comes to bitcoin, invest and take your mind off it. If it’s too hard to not check, then find a distraction. Bitcoin doesn’t need all that panic/anxiety. NOTE: I’m assuming this assuming you are investing with spare money (that’s what you’re meant to do after all).

Even though what you said is true, I don't really agree with saying forget about the investments we make because to achieve maximum results we certainly have to try again and again, especially if the capital we have is minimal in every month or every week, therefore there are several strategies such as DCA or buying when there is momentum such as bitcoin crashing is also important.
Investing in bitcoin buy, wait and forget a few years it would be good but it would be even better if buying again and again when we have more money and holding until the target we want is reached it is much more worth it.

Indeed, for profit maximization it is less effective to buy and forget about such an investment method, but for those who do not have a strong psychology and have long-term investment goals, I think this method has advantages too, so we remain focused on initial goal. Until now, there are many people who often look at the market, which shakes their psychology so that they take actions that are not in accordance with their initial goals for long-term investment, and ultimately destroy all the strategies that have been prepared previously.

Buy and Hold is a viable strategy that most investors follow. I am of the opinion that it is wise to invest in Bitcoin and hold it for at least ten years if you actually want to be a millionaire. Bitcoin is a long-term investment. Invest in Bitcoin whenever you have the chance.
At the moment, when the price is down, most investors are fearful and not willing to invest in Bitcoin, but if the price increases, they will all come looking for huge profits, but most of them will fail to do so because the price will be very volatile and could result in panic selling. 

Even if you hold it for 20 or 30 years, it won't make you a millionaire. It also depends on the amount of capital you invest in bitcoin, you cannot expect you to just invest a few thousand dollars in bitcoin and believe that it will make you a millionaire in 10 years. Yes, bitcoin is an investment that will yield good results if held for the long term but there is no guarantee of that so don't assert anything about the future. When talking about investing, not just bitcoin but with any investment, always think about risk rather than just thinking about profit.

Many things in life are similar in this regard. When you plant a seed, you dont keep checking to see if it has sprouted every day, do you?

While its wonderful to assume that Bitcoin will rise simply because we have faith in it, doing so is somewhat like to convincing yourself you'll win the lottery simply because you purchased a ticket. Thats funny, huh? I mean, there are a tonne of variables at work. Supply, demand, Elon's tweets... its a sheer madness

DCA is no doubt a good strategy, but lets remember it' not a one-size-fits-all. Who claims that Bitcoin needs to have physical assets like gold, even though it doesnt? After all, this is the digital era.

There's no better time to invest in Bitcoin than now. The bear season is always an opportunity to buy and hold for the bull season to kick in. A wise man is someone does not procrastinate, he sees an opportunity and grabs it with both hands. Early this year bitcoin price was sitting at $15k but look at where it is now, but this is just the tip of the iceberg. There's no bottom, so there's no point waiting for the price to drop further, you can buy a lump sum and hold or be doing DCA and gradually be increasing your holding.

A lot of people invested in bitcoin, and when the bull run begins, a lot of people will profit from that season. That is for those who did not sell and are still holding because a lot of people started holding but along the way due to one issue or another they sold the entire thing off. When we say hold we are talking about genuine holders. Since it is the bear season, interested parties can buy now. nor those who walk with one leg in and one leg out. The key to investing in bitcoin is patience failure to do so will result in losses. The day of harvest is coming very soon.

This is akin to the "don't expect" theory, where, after acquiring Bitcoin, if you make an effort to forget about it and refrain from constantly checking its price, your emotions can be diverted elsewhere. This approach aligns well with long-term investment strategies. Consequently, bearish market phases may pass by without the BTC holders even noticing. Conversely, during bullish market trends, Bitcoin will make its grand appearance in mainstream media, bringing smiles to the coin owners.

Go ahead, but never draw too much attention by enticing others with promises of Bitcoin profits. Not everyone can implement the emotional control method you've explained in this thread.

So far from the little research and findings, I have read many people making comments on Bitcoin investment being very much safe and of good benefit for investment compared to other shitcoin. Bitcoin has created a niche for itself that in years to come nothing can beat it's dominance as far as blockchain is concerned. Although the price fluctuation is a normal thing but the longevity is what we are looking at because it has a longer lifespan unlike others that will just crash and go.

It is good you took such a bold step to invest in Bitcoin and there is nothing bad about that because Bitcoin would remain for years to come and will keep going high in price as time goes on. Although it is advisable to invest with funds you can afford to lose so that whatever be the result of the investment would not bother you since you are in for a long term investment. Do well to save your asset in a well secured wallet so that you would not lose it to hackers.

Sometimes it seems people are very overwhelmed with the profit in such a way that they only focus their attention on profiting from BTC investment and forgetting the freedom it gave us, otherwise, people will not be thinking about short-term Bitcoin investments.

Therefore, if you must invest ensure to invest with the money you don't need today or tomorrow, and if not, then you shouldn't think about investing at all, because investment into Bitcoin is a long-term game, else there is a high degree of certainty that you would get disappointed as Bitcoin is not a get-rich-quick scheme and it only rewards the most patient ones base on records.

Many people were able to see the opposite when investing in Bitcoin when a strong bearish trend began. They still don't dare to sell. So they are waiting for the upward trend to begin again. Can you imagine how much time was wasted?
I would recommend considering several investment instruments at once when creating a crypto investment portfolio. This will at least somehow help reduce the risks.

Another reason why it's better now to make an investment in bitcoin is when we consider the present market condition, which shows a little ability for the market to rise more since we've marked the limit of $28,000 anything can happen further more within this month of October that may lead to the market rise the more to the rate of $30,000 or more, this could also signifies that we are still on the dip as long as we are far below the all time high of $68,000 one can buy now and hodl.

I also think it's better to invest in bitcoin nothing to forget here long term investment in bitcoin will give good returns. Currently, its price has decreased but it will go up again just have to wait patiently even if the investment path fluctuates, a steady return can be obtained from here It is a digital asset primarily cryptocurrency is a network based which is spread over several computers The decentralized structure of this virtual currency is such that no government or central authority can regulate it through legislation. Individuals can do everything on their own as part of an investment plan, or if you want to hold that bitcoin for years to come it can be worth it.

Everyone has their own strategy for investing in Bitcoin, of course they expect profits from the investment they make, some buy and hold it for a long time to make a profit and some follow DCA to make a profit. If we have enough capital to invest in Bitcoin then we can buy it and save it for a long time to get a profit, but if we only have enough income for our needs then we need to save a little from what we need to be able to invest, but according to I if we have the desire to invest in bitcoin then we can start it whenever we want.

We all know that investing in Bitcoin is profitable and if we look at the past history of Bitcoin we can see how much Bitcoin has grown and it will grow much more in the next 10 years which we may be able to predict now but we are not saving Bitcoin for the future. It may not be possible to forget by investing because we are human and we have a lot of emotions due to which we cannot forget by investing. Due to which our investment is rarely possible to do long term. But if a person is able to do this then investing in Bitcoin can be a big surprise for him on next 10-20 years. So I would say to the op that this is a very good strategy to gain huge profits from Bitcoin

I always comfortable to say my own story. I can never forget an investment after making it be it in Bitcoin or anything else. And I think it happens to everyone because it's almost impossible to forget where financial matters are concerned. But one strategy that can be adopted is to keep bitcoins in a wallet and hide the private key of that wallet somewhere and keep that wallet removed from the computer or mobile phone so that the wallet is not easily accessed and busy with other things. It may help to forget about the investment.  But not guaranteed

Well buddy, then you are very concerned people. I have been forgotten many times, because the investments were divided into several parts. I still have bitcoins invested in past bullruns and some alternative coins in holdings. Sometimes I forget about them, so I use Google spreadsheet to remember.
But the advice about your wallet was nice. I think it is best to adopt this method. Because the hardware wallet can sometimes be damaged due to hardware damage or any other reason. Moreover, cryptocurrency is currently illegal in my country, so we have no chance or high risk of using hardware wallets.

I would have done the same if I had Bitcoin because even seeing it every day would make it tempting to sell sometimes, but if I don't see it at all my mind won't be there. Then I can get maybe a market app that gives me an update on how the price is going, even if I am emotional I will no bother much because of the faith I have in Bitcoin, I see how people complain about how it is hard to manage emotions, and since I fully know that is a long term investment I try as much as possible not to touch it if I don't see it and once the bull run starts it's going to be loud even without the market app you will know.

I don't support investing in Bitcoin and forgetting; rather, we should monitor the price and take advantage. Imagine you bought Bitcoin at 25K. Yesterday it was 28.5K, so it's not bad you took advantage of that. You may sell it and buy it back again at the current price. I won't say it's highly risky. After a sudden pump, Bitcoin always dumps. So every sudden pump we can use to make some extra money. But still, we will hold Bitcoin. So even if there is a bull run, we can capitalise on it. If no bull runs for a long time, we also make money.

There are people who do just simply forgot the basic principles of investment on which making out some claims or targets without even trying out to make some calculation. Investing a few thousand cant really make

you a millionaire even if the price of Bitcoin would be hitting up 5-10x or more and its true that it would really be always according on how much you had invested and it would really be that reflecting out with those kind of probabilities and this is something that needing up that risk management. Bitcoin did really have that huge support and recognition but it doesnt mean that you would really be forgetting about on the accompanied risks. Always invest on the amount on which you can afford to lose and never ever make yourself go into a certain extent on making out some investment without having those risks management.

There's no such thing about assured thing on this world on which means that whatever things that you are dealing with and as long it do talks about investment then
it would be always wise that you do set up your goals and targets and always mind about risk management.

It isn't a good advice to forget about your investment because if you clearly see the history, those who held BTC could have made a lot if they'd have sold even part of their investment during the bull run and have bought more when it crashed. There are opportunities every few years in crypto, so it's best to take those opportunities and further increase the size of your coins.

Invest in bitcoin and forget it later on is actually a very profitable strategy when you want to invest without being bothered how its price will pump or dump in the next days. Otherwise, if you keep on thinking about your investment and would be more aggressive with your profits, yes you can still be profitable but not in a way that brings big satisfaction on you. It will only push you to be more greedy which I think is very unsafe when you are investing. Instead, forget your investment and act as you don't care about its daily price, until you finally realize that bitcoin has reached another all time high and it's time for you to sell and make exceptional profits.

The dip will never end if you want to wait for the dip to accumulate bitcoin. If you are planning to invest in bitcoin do it now. Gradually increase your investment or be consistent in your investment so that you can get a better average price. Don't think bitcoin won't go below this level or that it can't go higher than this. Bitcoin can do miracle and there is no actual support or resistance level for it.

This is a good point, even though there are definitely results that are owned when we buy bitcoin and hold it but in the end this also depends on the capital we have and I don't really like this method because I realise that the amount I invested is minimal so instead of buying and forgetting about it I prefer another strategy by buying DCA especially for prices that are still worth buying like when the crash like a few months ago which can be said to be still holding until now so this will be better for my portfolio and I will be quite comfortable with the investment I made.

If you have large financial resources, there is nothing wrong with buying and forgetting until a certain period of time or your desired sales target, but if you have smaller finances, I think just letting it sit will not give optimal results and it would be better to make regular purchases again and again.

If you plan to become a billionaire during the next bull run using bitcoin then I hope you already have hundreds of millions of fiat on your bank accounts, as this is the only way this could happen, now I also do not agree with this idea of just buying bitcoin and forgetting about it, as we have seen many cases of people that did exactly that and they just lost their seed words, the passwords to the computers in which those coins were stored or their coins got stolen months or years ago and it is not until later that they realize the truth.

For the past one or two months, the bitcoin price has been a good price for someone who wishes to invest in a currency. We are expecting a good future for bitcoin, but it will also be a great opportunity for those of us who use the opportunity right now, take the risk, and invest when the bull run arrives. We are all going to smile, as we are anticipating. But, OP, did you really believe that someone who invests a little will be a billionaire in the future of bitcoin? Nah mate. When you mention this billionaire, some people may be convinced, or someone who still lacks knowledge of how the market fluctuates may get convinced and invest a large amount of money, so let’s just invest the amount we can afford to lose, and we believe we can hodl for a long period of time.


Good, but you should say this for a learner. As we may have some beginners here, someone should invest and hold for a long time. That is what you mean, I believe, so that we don’t go and invest and decide to forget the investment. As you said, we should invest, but we should not forget where the bitcoin has been stored. This is very important, as you know we have different memories. Not everyone will hold the private key that they will get access to it when they take a long time without checking, so we should log in there once in a while so we don’t forget the password to get access to it.


You said a very important thing, mate, is that we really need to consider this before making decisions to invest in bitcoin so we won’t regret our movement at the end of the day, because that is what is affecting some investors who are new to the market. As they don’t think about this before investing, they need to understand that this is a long-term game. If they are really ready to get involved, they need to be patient and invest the money they will not need in a short period of time because a bitcoin investment is worth it whether today or tomorrow.

Well, I don't think that's what the OP is trying to say. As I understand it, OP's idea is that after investing in bitcoins, we should store them in a safe place and forget about them for a while. We avoid checking prices or constantly accessing our portfolio every day because it can easily create pressure and cause us to make wrong decisions. Many people have fallen into that situation, they check prices and portfolios every day and when they see the market dumping, they panic sell bitcoin. After the market recovered, they regretted their decision.

Psychology and emotions are difficult to control, so in long-term investing we should avoid reading too many Fuds or checking prices too much.

The truth is that no approach is flawless, regardless of whether you are the type to buy and hold or the type to buy on a regular basis. The annoying little issue known as market volatility is constantly present. Consistency is crucial, my friend. However, you might counter, "But if I just wait for that sweet spot when the price drops..." hey, maybe you're onto something there.

Would it even exist if everyone waited for that sweet spot? Bitcoin specifically is extremely erratic in the crypto world. Its like attempting to locate that one sock that constantly disappears. But honestly, always do your research and never risk more than you can afford to lose, whether you're buying big or going for the DCA.

Op are you trying to say that bitcoin is a source of get rich quick project? No! That's not what you mean.

Assuming am a newbie or a total novice to bitcoin and am reading this message of yours about bitcoin for the first time.

The first thing that would come into mind is that, oh wow, so if I invest now in no time I will turn a billionaire immediately the bullrun sets in.

Out if euphoria about what I have read inmay decide to sell my properties and buy bitcoin in the quest to turn a billionaire in the next few months based on what I have read.

 But waiting for months, months turn into a year and more still haven't turned to a billionaire probably maybe the bullrun didn't take place as a result of some market forces. The next you hear is they have been deceived.

This is how the accusations of some people calling bitcoin a scam project emanates from. Because more or less of us didn't send our messages out in the right or appropriate explanations regarding what we know.

We may be sending another message and it may be meaning something completely different to some novice somewhere that's why we have to pay attention to how we express it.

Overall, your advice is good, it's one or type the bitcoin discussion board have really gotten used to as we can't count up to seven thread without one being someone advising us to invest in bitcoin for the coming bull run, like we were supposed to be reminded to do that..

However, the line I quoted above doesn't seem to sit well with me, most especially, you mentioning the word "Billionaire", makes me wonder if you really know what being a Billionaire means, and what it takes to become one..

If I ask you how much money you need to invest in bitcoin right now, to make $1 billion dollars in profit, when bitcoin hits $100,000, can you answer?

Apart from necessity and emergencies so they need to sell their bitcoins, there are conditions when the price rises so high and they sell them. I don't think it's a guarantee that people who hold bitcoin for a long period of time will make more profits. Maybe now there are people who regret not selling bitcoin when the price was $60k, and maybe people who have sold bitcoin at $60k are luckier because now they can buy bitcoin at a cheaper price.

I think everyone has their own strategy, except for the big players who keep bitcoins for certain purposes so they don't have to sell their bitcoins.

Good one but believe me, it doesn't make sense if you invest and just play blindfolded over your investment rather it is wise to talk about investing on BTC with no hesitation to temper maybe due to Financial challenges or due to an overwhelmed income made.

I want to say BTC is more profitable if hold on a long time but not to lost focus on the marketing surveys and monitory ship.
You know you can Invest and lost focus of it so it has you the potentials of tender you inaccurate endurance of personal details like your passwords and your personal keys and so much as doesn't give you an impression but unassured hope.
I can also tell you that if your Bitcoin is fast quite rising impressively by your awareness, it could trigger your addition to invest more.

However, there would be always a time one is to temper his Bitcoin depending on the interest rate over a period of time.
No investment is more super impressive than when you could release your capitals and keep trading with your income that is when you have a 100% tolerance to gamble with it on a State of mind that you can hold your BTC as many years as.
And verily, BTC is quite approaching taking over the digital market I hope to make an impressive rate value on my BTC investment that would seem a mind-blowing somedays.

The best way to invest bitcoin is never to invest and look back, it  can be a big distraction that because the market is always volatile,  looking at the price of the market can really be a reason why some  people may not focus on their investment.  Bitcoin is a long-term investment I don't see why people will always keep their eyes on the investment check the market If the price is going up or down. No need to be monitoring an investment it the price has gotten to a good increase it will be something that will be known all over the news, so need to put mind on an investment.

That's a pretty good method to keep us mentally and psychologically awake, of course by seeing a lot of things happening behind especially for those we don't want indirectly it will disturb us a little and it is very likely that your confidence to keep doing HOLD will decrease, after that you might sell it quickly because of fear. As we know the market moves very volatile, anything can happen there, but that's natural because it's one part of the risk we have taken, we shouldn't make things like that completely doubtful.

So if you are already very confident in the investment that you have previously done with all your best plans and strategies, you don't need to worry too much there, especially if the target you are pursuing is long-term, it is quite safe, unless you are the type of short-term investor I admit that worry is reasonable. If you are very confident that the bullish phase will be achieved then don't worry too much about the bearish phase that is happening, especially for a long period of time, you will definitely find a good area to sell.

Bitcoin is one of investors' favorite coins to invest in ahead of the next bull market and many people believe this will happen after the halving event and will provide greater profits. Currently, I personally have also accumulated a little bitcoin by buying it when there was a good opportunity and I also plan to continue holding it until the bull market arrives because I don't want to lose momentum.

Talking about prices, it is very possible that bitcoin will touch the $100k area during the bull market next year after the halving, because if we look at past history in 2020 bitcoin was trading in the $9k area and then when the bull market occurred in 2021, Bitcoin was trading close to $70k area, so with Bitcoin price currently in the $27k area, it would be easy for Bitcoin to touch $100k during the next bull season.

Well, checking the market also has a good sides like when it suddenly drop the Bitcoin's price then it could be a benefit to accumulate Bitcoin. But checking and analyzing from time to time could drain you as the volatility affects the market also confuses you which could lead to bad calls. It's just a matter of discipline, maybe schedule yourself whenever you want to check the market like once a week or month, cause investing is literally good especially for a long term. Investment should make you feel secured and doesn't have to make you feel stressed unless you don't know what you are doing. Monitoring might be for short term investment cause long term are surely hodlers that doesn't care about the Bitcoin's value at the moment.

I can't forget my investment; we're not in the early stage anymore. When we try to invest a decent amount of money at this time, don't expect that it will increase a hundred times in 5 years or less, as what happened in the past. We are in an era where Bitcoin is not the only coin; we also have altcoins that could gain attention from investors. Maybe let's try to be realistic: invest now and earn a decent profit, and forget about crazy profits. Lastly, always set your target.

There is no doubt that the next bull season that everyone is waiting for will bring good profits in Bitcoin. Investing in Bitcoin is a wish of every person but becoming a billionaire in Bitcoin is not that easy, because to become a billionaire it will require a huge amount of money to invest in Bitcoin. Which is impossible for small investors to invest such huge amount. If the value of Bitcoin 4x from here, you can imagine how much capital you would need to invest in Bitcoin to become a billionaire.


I think Bitcoin price is expected to increase more in 2024-25, because Bitcoin halving will happen in April 2024. The bull season usually starts six months to a year after the halving, so a pump in Bitcoin price is very likely in late 2024. We should invest in Bitcoin but don't forget it too much, because whenever you get a good profit exit the market with profit. Be sure to set your sell target in the same way that a buy target is set.

Even if bitcoin increases 10 times, we still have no chance of becoming billionaires unless we have hundreds of millions of dollars to invest in bitcoin.  Bitcoin is not a tool to help us get rich quickly or turn us from a poor people into a billionaire in a short time.


When the bull season comes, you can take profits and wait for the bear season to reinvest.  I don't think exiting the market after making a profit is a good idea.  the market is giving us a good opportunity to make money, why do we exit it after making a little profit?  we will not find a second market as good as this one.

Many of us aspire to become billionaires in the future by investing in bitcoin. But given how expensive bitcoin is right now, not all of us have the money to do that in the upcoming bull run.  The only thing we can do is invest the little money we do have and hold out for the upcoming bull run, which is predicted to begin in 2025 or 2026.

The amount an investor invests in Bitcoin will decide how rich they become, which is something every investor should keep at heart while considering their bitcoin investment.

You really can't forget that you invested in Bitcoin, even if you just turn into a long-term holder you are already buying at an expensive value, you can only buy and look away if you invest money that you won't mind looking back at, but even $1000 won't turn you into a Bitcoin millionaire tomorrow, so to become a millionaire with Bitcoin you need to invest a lot of money too.

There are going to be some good times for taking profits, make sure you are at least tracking Bitcoin value, because you can miss the best time to sell if you are not watchful, you can definitely decide to buy and forget but you will have more Bitcoin when you sell at the top and you can also use that to buy more Bitcoin when the value dump again which I believe it will.

There is one thing that I like about Bitcoin, even if there are forks in the future, your 1 BTC stays 1BTC and you can layer claim forks later ( like bitcoin cash ) and you will end up with 1 Bitcoin on each chain. Holding long-term without looking back is good and safe if you can keep your private keys, there are no worries about the coin turning to nothing in the future like most altcoins used to.

My mate told me exactly the right time to invest in Bitcoin regarding his post: prudent is the one who invests in Bitcoin now and soon seizes it by making it part of his portfolio. Because if we look at the market from a technical perspective, the month of September has often performed very poorly in the all-time history of Bitcoin according to the price of Bitcoin. In some years, a little bit has been good, but generally at a low price. So it is a requirement of wisdom that if someone wants to book profit, he should emphasize more on investment in the month of September, apart from other months. So this time again, those who have grabbed the opportunity and made some investment will definitely be in profit, because if we look at the sentiment of the market, we can see an improvement in the price of Bitcoin. And apart from that, bitcoin halving is also approaching, so it is a better opportunity to invest by diversifying our portfolio under DCA.

So that's why I don't think that bitcoin will give you the opportunity to buy at a low price in other months, like September? So don't be late; make a hurry for investment to grab a bitcoin at a lower price and just hold it for halving to make an insane profit.

The opportunity for profit making in bitcoin invest without having to face the challenges of risks is to delve into a long term bitcoin  investment. It's a secret that comes with peace of mind. And people that would be investing now do have the opportunity of benefiting from this next bullrun that will be putting bitcoin price into another ATH and that's why the sooner anyone interested and invest invest now the better the profit.

Been a billionaire by way of investing in bitcoin is tremendously dependent on when you invested and how much you invested too. Those that invested since 2009 and where mentality strong and patient to hodl till now depending on what amount they invested from that period till now there is every chances that they could have turned billionaires, particularly for those people in countries where the local currency value is very low when compared to the dollar value.

This advice resurfaces whenever a bull market is on the horizon. I've personally found it to be quite toxic and misleading. Based on my cryptocurrency experience, I consider this advice to be a poor decision that ultimately leads to regret.

Of course, after investing in Bitcoin if we don't touch it at all, we can expect much better. Because Everyone knows this, by 2025 to 2026 bitcoin price will rise above 120k. Again it could be before 2026. For example, if we invest in Bitcoin now, forget about it for two to three years, we can achieve great success.

The purpose of exiting the market after taking profit is that you cannot reinvest when the market is going up, because we have no guarantee how much the market will go up. We should wait for the fall again, so that we can buy again at a lower price. We analyze and estimate based on our experience and knowledge to achieve our profitability.

Our main objective is to make profit. Once we take a profit, re-entering can cause losses. Hence it is necessary to exit the market. The crypto market continues to fluctuate. Therefore, one should not worry about exit, but should look for another opportunity. Of course, cryptocurrency is a very good market, but it does not mean that we will not exit it.

Enduring the process is not difficult if one really understands the market,  when their is no patience it is always very difficult to invest in bitcoin. If understands bitcoin,  and don't bother about the investment it is very easy and possible to make investment and to be successful in it.

You just need to afford what you can , you don't need to force yourself to afford what is more than your budget.
That is why when investing bitcoin you don't need to hodl your bitcoin on exchange wallet because it is not safe anything can happen at anytime. The best wallet for hodling Bitcoin is the non custodial wallet.

Well, investing in Bitcoin, then forgetting about it is a very effective method to increase investment. Many people do that. In fact, we know that there are some people who completely forgot about their bitcoin investment and lost the private keys they had, and until now they have not received them. I read the news that they lost millions of dollars. Yes, this is the negative side if we don't save the PK that we have well, but it is proof that this method really gives us a very good impact if we really succeed in doing it.
The problem is, it is very difficult to forget about the investments we have, especially if we can control them. As far as I understand, if we focus on an investment, then we will really pay attention to the price of that investment, and that makes us uncomfortable. I've also seen my friends do this, and I've also tried it myself. Even though it can be considered savings, or a long-term investment, automatically, we don't want the investment to lose its price, and end up being afraid when the price dumps. However, it is an effective method when we can actually do it.

It will be a good option for those who like to invest long term. The method most of the investors observe is that anyone who invests in Bitcoin now will make profit during bullrun. Invest and forget is not a bad idea, but it is for long term investment but those who invest in short term they may not like this option. But investing and forgetting is not as easy as one might think. Because when bitcoin price goes up anxiety works in many people and again when the price goes down just when the volatility works that's  why many people can't forget.

Even though it's a pretty good suggestion, I don't think anyone will be able to do that. You cannot forget your investment. Especially if it's a smart amount of money. It's true that people buy physical assets and they don't check the price of their assets every day. But Bitcoiners used to check Bitcoin prices every day. Especially if they are active in the crypto market. If you are someone who does not check crypto forums and do not engage in other crypto community, you may buy crypto and then forget about it. But as I mentioned above, If you are someone who talks in Bitcointalk every day, do you think you will be able to forget about your investment?

It's a good idea to buy bitcoin and forget about it for a few years. But keep the bitcoins in a safe place, especially if we store them for a long time. Don't keep it on an exchange so you can monitor it directly.

But we don't know when bitcoin will rise. Maybe by the end of 2024 there will be an increase.

not totally forget, but at least you are keeping tabs with the market. we can never be sure even if it is bitcoin. though the adoption is continuously increasing, we won't exactly know its future.
but among these cryptocurrencies, btc is a very good candidate when you are thinking of long-term investments. and one thing to remind yourself is how secure is your stash? as hacking tools are getting sophisticated, you also need to upgrade where you are storing your satoshis.

Watching the market means we are also watching bitcoin price so this is not strategy as the OP is suggesting. Furthermore, any investment has risks and once you have accepted to invest in bitcoin, it means you are willing to lose that money. So why are you still afraid something bad will happen, meaning if bitcoin plummets you will sell it? Early adopters were successful because they bought bitcoin and forgot about it for a while because they knew if they watched the market constantly they would have to sell it.

Bitcoin is a place of trust where investing will not make a profit Not so for those who have invested in Bitcoin They forget because they are Sure that The credibility of Bitcoin that will make a profit is that its price is constant This is why there will be a large price change in the future Therefore, if you invest now, you will benefit in the future.We are very much benefited by your valuable opinion which will help us to invest more faithfully agree with you.

I have some part of my investment that I act like this , I believe had been staying in my wallet for more than a year now I cant say how much the value now but I know how much when I start putting it to my Ignore funds.

Maybe this is how good we must treat Bitcoin if we really trust Bitcoin ,  in the past halving I made  a mistake when i constantly checking the value and then when i thought it is the highest then I sell them all.
But now I know how to deal and not taking any amount in that particular part of my investments.


Forgetting our small part will not hurt our total funds so lets have some of it in our ignore money .

wait, but how could you say this? sorry but I think you get bitcoin wrong here.

It is essential to securely store the wallet's key phrase when holding Bitcoin for the long term. In some instances, individuals forget to create backups, leading to unfortunate scenarios where they lose access to their assets. Given the "buy and forget" concept mentioned by OP, ensure you do not forget your key phrase.

We cannot predict when issues might arise with our devices or the applications we use to store Bitcoin. A stolen laptop or a sudden hard drive failure can become a significant hassle when trying to access important files and applications. Without the key phrase, the chances of encountering difficulties with the recovery wallet used for Bitcoin storage also increase.

This is easy to say but difficult to do especially if you are a beginner and you are just worried about your investment, from time to time you check the price of Bitcoin, checking the charts just to make sure your investment is still safe.
But as time goes by I can say that you will get used to be about this process.

I agree with you, I believe we all know that the longer we buy and hold bitcoin, the greater our chances of making profits. Although it sounds easy, I don't think many people can do it. We invest in bitcoin with the ambition of making high profits for a better life, so it is hard to say that we should forget about it or not check the price every day. I bet you that no one can do that when our minds are always thinking about bitcoin. The halving event is approaching and many people are counting every day, so how can we forget our investments for a while? :D :D

Bitcoin investment is suitable for those who can hold for the long term. There are many people who invest in Bitcoins and after a few days have to sell them for personal needs or family needs. If the Bitcoin market falls far below the purchase price, the investment must be sold to account for the loss. What the OP said here is absolutely correct because investing in bitcoins is never considered an investment until you get a huge amount of profit from it. If you have to wait a long time for this, definitely wait. Remember that you can earn huge profits in Bitcoin investment even if it is late.

Investing in Bitcoin has proven to be a lucrative investment right from onset, the early starters can attest to that. It is important to note that we can also have some other benefits accrue even while hodling our token as investment just like the Flexible savings programs.

In the title that Op made, I do that kind of behavior when I invest, to be honest. This is if what I want in a crypto asset is long-term. Or maybe it's a kind of meme coin. I just don't know if anyone else is doing the same thing as me, and I feel like I'm not alone. And the creator of this matter probably does the same.

Because when you have this mindset with a cryptocurrency, you really don't have to worry about anything that happens in the crypto market. You will not be worried or scared because all we think is that if we know that the price value has really increased, we will return it to sell it and harvest the benefit it can give us, and if there is not, then there is no problem for us. .

I would agree with you that most of those "investing" in bitcoin should make a purchase/investment and let it ride.  I wish I had taken this advice from myself many years back when bitcoin was around 200 dollars.  That being said if you're good at trading digitial assets, have at it, but most people aren't..so trying to play the market, short term buys and sells here and there are likely less profitable than just buying and holding long term.  IMHO anyhow.

A lot actually do have that kind of behavior. As people want to do long term holding and do not want to do anything if ever the price suddenly go down, it gives a little panic for many or if it goes up that gives us the excitement of selling it too early. If you forget about it, the higher probability to hold it for a long time.

Yes, there will be no worries, fear, or any emotion to feel. However, this may also lead you to possibility of missing to take a profit when Bitcoin reach the highest price. That's why it would be better to at least keep yourself updated on anything crypto related news when investing.

Your heart can really race faster on this emotional rollercoaster as prices rise and fall. It's similar to watching a screen as your feelings move in time with it. Holding long term, then? Yes, it's a tactic, and it brings calm to a lot of people. As you mentioned, forgetting about it lessens the anxiety and excitement, correct? However, consider this idea, which is actually a problem: What if a significant development occurs in cryptocurrency during that "forgetful" period?

Keeping up with current events can change everything. It is about being informed rather than responding to every upswing and downs. Being informed enables us to make decisions with confidence. Because sometimes having the right information can make all the difference in the world of Bitcoin and investing. Recall that experiencing such feelings is normal; after all, we are human. Balance is the key, my friend. balance

For investment in the crypto space I only choose Bitcoin, because apart from Bitcoin I only use other cryptocurrencies as assets to seek profit in the short term, but I also like to invest outside the crypto space like I do in some real estate because for me real estate investments It is also quite profitable even though the level of profit is very different from Bitcoin investment. Everyone needs to understand all investments as long as they are good enough for them, even though they all clearly contain risks, but as long as they are still able to minimize the risk of each investment, there is no harm in making several investments with very different methods.

Well, we know that making a suggestion is easy but it's hard to follow. Even I can make a lot of good suggestions but when you check me in real life, you will notice that I do not follow these things myself. LOL. Isn't it ironic? I don't think the thread creator will be able to forget about his investment. So, it's absurd to suggest something that you do not follow.

You pointed out a good thing. The halving event is ahead and it's the most appropriate time when Bitcoiners start looking at their Bitcoin price. Because this is the time they were waiting for.

Sometimes the return on investment in real estate can take a very long time, but if the investment is made for the purpose of diversification it can be an acceptable move. And to invest in real estate you need to have large funds, and Bitcoin in this regard is much more accessible to everyone. Real estate can also require your attention, time and even finances, but with Bitcoin everything is simpler, it just needs to be carefully hold and will not require any additional expenses.

l think investing in bitcoin now is good, but someone can also invest in the earlier part of next year. One can still get bitcoin within the range of twenties or even less price than it is now considering past halving.  So it depends on what one wants to use one's money for right now, the usefulness and the gain. One may decide to invest now or at a later date like early next year, monitoring every step along the way with utmost caution.

Bitcoin's associated with it makes it a great investment vehicle if you are looking for long term gains. Digital currencies can be long term investments due to their high market demand. Inflation risk is low. Bitcoin is more stable than it has been in years and the next half is fast approaching. Considering the current market conditions now may be a good time to invest as long as you are aware of the risks.

i like your idea of suggesting people who invest in bitcoin forget the bitcoin they bought for a moment and then remember it again in the next 3 years or so lol, but you have to remember to always protect the password and also the private key of the personal wallet where you store your bitcoin, don't let it happen because you want to forget for a moment, you forget where you put your password and private key ^{(you have to learn from several incidents of people who lost their Bitcoin wallet private keys because of their own negligence)}

Why does someone need to wait for the early of next year? If he really wants to invest in Bitcoin, now is the right time to buy Bitcoin. The price is still around $26k, it is still cheap price for Bitcoin. If we wait for the early of next year, the price potentially grows faster in the next year due to the hype of BTC halving. I'm sure the price will be above $30k if we plan to buy Bitcoin in the early of next year. I don't think the price of Bitcoin can be below the current price in the early of next year. How can the price to be lower than the current price when it is almost reaching the BTC halving.  ::)

Now is absolutely the right time to buy. Sure, we must always understand how to deal with the risks. Although it is safe to buy now, it doesn't mean having no risk. However, I'm pretty sure buying Bitcoin when it is almost reaching the halving time, is more secure than buying during the bullrun time.  ;)

We are really just humans and its just normal that we would really be that reactive whenever we do see our investment do make out some negative value then it is really hard to resist to be making yourself numb
and wont really be making out some reactions basing up on your investment condition. If you do have plans on long term holds then it would really be that better that you shouldnt really be often making out some checks into your Bitcoin investment or with some top altcoins or L1's that you do have on your portfolio on which on the time that you do really make out some investment then you should really be that not peaking on the market condition to be that active. Unless if you are really that having that good control towards your emotions and having that discipline then it would really be just that fine but we know that not all
people would really be having that kind of control on which on the time that they do see prices are dropping then they do really that become that impulsive.

In my case then im not really that much in concern with my holds yet i've been accumulating Bitcoin ever since and doesnt really have any plans on spending or converting it out unless
if the price do reach out with those peak prices or the peak of bull run then i might really be that be selling it off and doesnt really need to wait for another
bull year cycle.

The way to do is also to steady yourself whatever happens during the holding period, because it is possible that something may not go smoothly according to plan. And in this case, investing in Bitcoin also requires good and wise asset management. So that during the bull run, we already have an idea of what we should do, so as not to miss the moment, not to be too greedy which ends up backfiring on us. In that situation, we sometimes need to decide to set a price target beforehand, perhaps several price targets so that we have more opportunities to gain profits. What is certain is, don't go all in on just one target that is too high. Who knows, it won't be achieved and we will get it too late.

Well, this should be done to even the first time you created your account, like saving your passwords, private seeds and like the password of your laptop, something like that. Cause there's always a scenario, I don't know if it's applicable to anyone but it's like a muscle memory for us to always use something like typing our users that even not looking on our keyboards we still manage. So for sure after not using or holding for 3 years eventually we don't have any idea anymore about our password and private keys so resulting to these kind of incidents. Even for months you can already forget this important keys. Maybe if you're doing DCA method then you could always check your keys to have muscle memory to it and eventually memorized it.

Investment planning must be made. although actually those who just buy Bitcoin then hold it in their wallet, then sell it when they want to sell are also not bad. but it was an investment that wasn't really planned.
After the plan is made, the hardest thing is trying to be consistent with the plan we have made. as you said, there will be many situations that can occur in the hoding process that we carry out. Determining the selling price also needs to be done, and some beginners also make this plan because they feel it is quite easy to achieve.

   Yes it important to have a plan and target. The plan should include good capital, proper risk management, discipline, patience and consistency if one needs to really thrive in bitcoin, it an investment that can will yield good returns if followed with caution and with patience of course. Newbies need to know that hodling is still part of the process, you can’t skip the process regardless of when you step in. It’s is important to also note that Bitcoin investment is for the long run.
  People who use good capital to invest and are patient enough to see Bitcoin hit its new all time high will benefit from its glory. This won’t be a problem for a crypto enthusiast cause he or she is familiar with the game but lack of discipline can cause one his money. Greed is another great bad traits one should have while going into bitcoin investment, there’s is enough time to make it, you’re not to late to start your journey.

In my opinion, real estate is the safest type of investment, but perhaps the most expensive of all. You're owning a piece of property that you can manage in many different ways: rent it, flip it for profit, turn it into an Airbnb, or simply live in it and avoid the stress of renting. The majority of landlords are awful and simply don't give a damn about providing a functional property at a reasonable price.

Achieving high returns by holding Bitcoin isn't a fast process either. From previous halvings, provided that the halving does in fact contribute to a potential bull market, it might take up to 4 years to notice a major recovery, something that happened already during previous cycles, and it's certainly not guaranteed. Personally, I don't have high hopes; I haven't seen any indication that we'll see a new ATH anytime soon. Maybe I'm too much of a pessimist, but I'd rather be down to earth than too confident. However, I wouldn't be surprised if Bitcoin crosses the $50,000 mark within 2024, which is still a significant milestone, yielding as much as x2 results.

I think right now is the best time to invest in Bitcoin. Those who invest in Bitcoin will surely make huge profits when the price of Bitcoin is in a bull run. Investing right now and holding till the bull market is definitely possible to earn profit that is why we should invest and hold. Although prices are currently fluctuating within a range, now is a good time to invest. We must wait to see the next bull market and reap huge profits from Bitcoin. Since our next halving will be in 2024 there is not much time for this to happen and only a few months we will see the bitcoin halving. And when the bitcoin halving event happens, after that the bitcoin market will go up and the price of bitcoin will gradually increase. After that the Bitcoin market will increase and will be seen in the bull market and then I will tell you to invest now and you will get a lot of profit. It is true that we have to invest in Bitcoin and after investing in Bitcoin for a long time forget about it for a few years. When we forget about Bitcoin investment after few years we will be able to earn huge amount of money from that investment.

well, starting to invest now until 2024 or 2026 is probably not that difficult. Considering that we only need to wait another 2 to 3 years to see the effects of the halving, there's no harm in starting to collect bitcoins little by little now or maybe immediately buying bitcoins in large amounts. Even though there are still risks, and it may be difficult to forget about the investment we made, the potential for an increase in the price of bitcoin due to the halving may be quite large. This can be seen from previous years.
However, investing in bitcoin is not a bad idea right now, in fact it could be an opportunity before the price of bitcoin really rises. However, I think there are still quite a lot of people who also think that popular altcoins will also be affected by the price of bitcoin and could rise also high, so I feel that some people might choose coins like ethereum, BNB, or other popular altcoins instead of bitcoin because lower price. However, if you want lower risk, then bitcoin is a good choice right now.

In crypto, human nature and tendencies make the emotional ride a roller coaster. Your advice about not looking at the portfolio regularly is especially useful for long-term investors. It eliminates emotional anguish, right? Historical Bitcoin and altcoin cycles show that holding through volatile periods and not making rash moves during market downturns often yielded positive results.

You did well to accumulate and remain calm during market volatility. Being able to sell during market peaks and bull runs while ignoring market emotions is a balanced approach. Those who take a disciplined, cyclic approach to investing, especially in Bitcoin, tend to stay calm throughout volatility, which often pays off.

If that is the strategy I would wait for the price to get lower.

It is advisable to invest in Bitcoin and forget but it all depends on the individual involved, you don't expect a low-income earner to do such, long-term investment is the right approach to Bitcoin investment because Bitcoin is not gambling it is all about more investors and market forces, so if one wants to be part of the process, he must be patient to benefit from it.
But the major thing is to buy as you can afford and make sure that the money you are using won't affect you whenever unexpected circumstances occur which we don't pray for but we can't control it, don't risk everything in it, You have to possess the adequate knowledge before investing, the decision is yours to take, do what thinks is good for you to avoid blame.
 

It's easy for you to say that OP but there are some people that's living on only one income stream so it's difficult for them to invest in bitcoin and leave it there for the long-term which they can't afford to do with the inflation in prices of basic necessities and bills piling up, it's going to be hard for them to do what you're saying. Some might say that they just have to find another way to make money but that's not easy for many to do especially if their first job is already exhausting as it is then they're going to have a hard time creating a second income stream. But it could still work though, they just need to sacrifice something that they're habitually using or change their routine, you know like eating out during payday or not buying material stuff and making sure that you're on a tight budget but that's going to be an extreme scenario and not a lot have the discipline to do it.

Investing in Bitcoin actually does not depend on the amount of money you have but rather on your own belief in Bitcoin. I know that not everyone has an immune mentality, that when they see the bitcoin assets they own, they will be calm, but forgetting about the bitcoin we had when we bought BTC is not recommended. you have to deepen your knowledge about bitcoin, don't let your long-term investment in bitcoin fail just because you are afraid of the FUD against bitcoin that often appears.

I agree with what you said because after all when we invest regardless of whether it is small or large in terms of nominal all will definitely get a share according to their portion. If it is in bitcoin with a large amount of money then surely the profit is also large and vice versa.
The problem I think for now is not about the amount of bitcoin we invest but about how firm we are in holding. Bitcoin is currently starting to attract many people including beginners but sometimes the perception or first impression of beginners only centers on the benefits they get because the initial thinking of beginners is actually too simple in my opinion, they only follow being in bitcoin but don't know what bitcoin is and how the risk is so that when we experience a crash indirectly their thinking changes because they think of this as fraud due to ignorance and don't want to find out the risks that occur if they are in bitcoin.

How do you forget your investment and for what purpose? Do you consider investment in BItcoin a one-time investment? These are some of the important questions to ask. It is difficult to forget your investment unless the money is not important to you and I don't know if there is anyone who money is not important to. If you mean, investing in Bitcoin and holding for long without selling, I agree with you but to invest and forget, I differ with you on that.

There are people applying the DCA method to buy their Bitcoin, how can they forget their investment when it is a continuous somethingn them? One may not really need to be checking the investment regularly but it is difficult to forget about your investment.

It could be quite toxic and misleading if you lost the goal in your investment in the end. You know, it’s hard to forget such a life-changing investment even when you say temporarily. You might forget it a week or months but still, you will continue to be updated about the current price of btc and the current market position. That way, you will know your next step on your investment. Even if you say long term investment, that does not mean that you won’t be bothered anymore if ever it’s price crash suddenly, once you put your hard-earned money, you will really do the best so that your investment and your hard-earned capital will not go into waste.

It is important to have a good understanding of Bitcoin before we start investing because without understanding well what we are doing, of course we will not be able to last long on the investment we make and we also need a mentality to be able to survive various circumstances in the investment we make do. I agree with this, after we make an investment, don't forget about the investment we made because it could be that we have made a profit from the investment and we can enjoy the profit or continue investing.

When money is involved, its only natural for people to go there. But jumping in without knowing the details? Theres no way that could not get burned. Putting money into investments, whether they're in Bitcoin or something else, requires both knowledge and money. Alarmingly many people just throw money in with the hope that it will grow, but they dont understand how volatile coins are.

What matters most is not how much you spend, but how much you know about it. Holding Bitcoin isnt just about being patient; its also about knowing how the market works and how cryptocurrencies work in general. Those who want to get involved should first take a step back and learn more about the situation. Only then should they decide to contribute. Like jumping out of a plane without checking your parachute, not doing that is the same thing. A smart choice is always better than a risky one.

IMO if we look at what you said it is not wrong but when we have studied and are sure of the bitcoin that we want to adopt as one of the assets we want to invest, and are sure to invest in a short time because this is not just a day, a week or a month considering the concept of investment should be more than that I think it takes longer than we imagine.

By looking at this condition, even if the problem of how the market works and others should not be a concern because in the end our goal is not for the short term but a longer term than that. Although it is certain that we also have to know that as a form of our anticipation but this is just a complement not as a principal that must be done because the point is how we are confident in the investments we make and withstand all forms of existing processes such as market crashes and some bad news that disrupt the development of bitcoin itself.

Bitcoin investment has come to stay in the ecosystem, where Bitcoin get more expensive as time goes on, and one to invest in Bitcoin and forgot is not easy, accept does are already wealthy in financial sector, that can hold for a period of time, without minding that has a digital assets called Bitcoin that has already forgotten as the case maybe not easy, but more profitable to applied such principle in cryptocurrency space.

It's worth doing so as there is no risk awaiting you anywhere like those other shitcoins in crypto space, I have swapped popular altcoins to their new smart contract this year alone and last year it was gala games, you can't keep altcoins and never look back, you will lose your money, but Bitcoin? You can look away foe over ten years and come.back later with no worries, you just have to make sure that your Bitcoin wallet stays offline, and keep your private key secured.

I have learnt some lessons between 2021 and 2023, and till today Bitcoin still feels more like a home than every other coins out there, I don't even trust the bigger ones like BnB and Ethereum like I trust Bitcoin, a family of mine who is now struggling a lot failed to listen to me in 2020 when I told him to buy one Bitcoin, he had the money and he claimed that he doesn't know what to use the money for, that's when why I brought the idea up, today he could be sitting on good amount of gains if he took his profit in 2021, even if he doesn't he will still have 1 Bitcoin today, it's now over $34,000.

Since 2020 I have made up my mind to start buying Bitcoin and hold for future sakes, I believe that Bitcoin is very identical to real Gold, it's so valuable and worth keeping for long period of time, some times I feel jealous about those people who bought Bitcoin before 2016 and sit on their bag till today, they will have a good life till the end of their time.

Investments are basically from money you don’t need urgently, so you should be able to take off your mind off it. There are some other investments that gives you opportunity to make money even as you still hold your asset just like Shark fin product of Bitget where you can make up to 7% APR in a month.

When money and investing come up, it makes total sense that people get interested.  But just jumping in without actually understanding everything involved is pretty much asking for trouble.  Whether we're talking about Bitcoin or anything else, you really need both some knowledge and some cash to put in. 

It's kind of worrying how many people seem to just toss their money at stuff like crypto, hoping itll grow without really getting that cryptocurrencies can be super volatile and risky.  Just having Bitcoin isn't only about being patient.  You also gotta understand how the whole market works, plus what's going on with cryptocurrencies in general and

I mean, I get the appeal and why people want to try getting in on the ground floor.  Who wouldn't want their investment to take off and make them a bunch of money? But you gotta be smart too.  Do some research so you know what youre getting into.  Start small so you don't lose your shirt if things go south.  And pay attention to what's happening so you can make educated choices. Patience helps with that, sure.  But knowledge has gotta be part of the equation.  Otherwise it's too much like playing the lottery - just crossing your fingers and hoping for the best.  And we all know how often that actually pays off in the long run.

Easy to say but difficult to actualize. I do get where this idea is coming from; previous investors who forgot about it and are now happy with how high its market value became. But since its price is already high, and since we don’t have an assurance that its price will further increase in the future, not to mention possible circumstances which might push an investor to pull his investments out,then it is just hard to think of. Previous investors made this possible only because it was amnot as promising as it is now. We just cannot disregard something with a large value. Remember instances wherein a guy paid using an amount of Bitcoin to buy a pizza? That’s how different situations are, now.

I could agree, yes because most of us have been reliant on a single source of income and at the moment we buy Bitcoin, we also then think about a profit and our mind is focusing on it. As we kept tracking our investment, the more we got into thinking about when it was bullish and when I sold it. The center of our mind is to make money from our investments which certainly have a huge impact on our decisions.
And this is the reality, some investors were long-term holders and patient while some were short-term holders and impatient. This will measure us how long we can keep our Bitcoin and the capability to hold.

Even people with multiple sources of income will find it difficult to forget about investing for a while. Simply because if we are truly passionate about investing in bitcoin, we cannot stop watching news about it and stop discussing bitcoin every day.

Frankly, I can't do that, although I can't expect a bull season to come quickly or for it to turn a profit for me anytime soon. Not to mention, with the popularity of bitcoin and cryptocurrency, we will easily come across it on every social platform, forgetting about it these days is impossible. I don't believe anyone would do that and it's not necessary. When investing, we need to have a specific buying and selling plan, and do not need to forget about our investment.

    Isn't that how a long-term investor should think? That's why they are the capitalists who are not affected by what is happening in cryptocurrency; even if the news we hear is purely negative, they are just at ease and don't care.

    It's just that when they reach their target price value after a few years and plan to sell it, they will just go back to where they hid the bitcoin they bought and hold it. There is less pressure to be honest in this holdings strategy.

Long-term investors can do that because they have other means of getting money when they badly need it.
But if you are an investor who solely relies on your potential profit from this investment, for sure, you will check the market more often.
And you may possibly sell at a loss if you need the money and it is not yet right time for you to sell.
So as much as possible, if you will invest on this volatile market, make sure you are using your extra extra funds where you are no worried about its immediate return to your vault.

Bitcoin broke above $30k, which is a good kick, but probably it's not yet the start of the bull market. We might even see the price going to $40k, but not to worry; that's not going to be the ATH for the season of the Bitcoin bull market. In essence, what I am saying is that whoever is planning on investing in Bitcoin now is not on the wrong track. Some people were waiting to buy at $22k, but now we have gone far past it, and I wonder what price they would be praying for the price to drop to before they could buy. If you invest in Bitcoin now and the prediction of the ATH for the bull season becomes reality, then it's going to be a huge profit archived, but whoever is not buying now might keep on procrastinating until the bull market finally settles in.

Those who invest for the long term will of course continue to monitor market conditions and they will not disturb the investment they are making because they already understand the strategy they are using.

Yes, it is true that because it is easy to find various information on various social platforms, it is very unlikely that we can forget about the investments we have made. Having a specific buying and selling plan will certainly be able to maintain the investments we have made.

Always monitoring market conditions is not the right thing for brands that invest long term, in fact it is a bad thing in my opinion because it allows undesirable things to happen when market conditions are in a downward trend.
Each of us has a different strategy, for long-term investments the most difficult thing to control is emotion and panic, so we must be able to restrain this as much as possible so as not to change strategy in the middle of the journey and I really do not recommend it for those who often monitor conditions market.

Forgetting the investment we made does not mean we completely don't remember it, who will take the results later if we don't remember it. lol
However, this means that we don't care about whatever happens, so we have to focus on the goals we have set from the start for long-term investment.

What will always make one's mind to be in bitcoin investment is when one is so much expecting profit from Bitcoin and when it is like this is very difficult for people to take their mind off from it.  It is very important to have source of income when investing in Bitcoin to be able to forget about the investment . The get rich quick mindset is a bad thought that deprive investors from achieving what they are supposed to have from their investment. Having a mindset that bitcoin investment is a long-time investment will help people nor to depend on bitcoin to gain profit quick.

                                  - Buy Low Sell High -

That is what mostly wanted to say and do but do you really knows when to check the lowest? or when it is at low and ready to buy? this attitude makes many investors have wrong decisions , or have their regrets .

Buying when they believe its Lower but the next day it drops more again trapping them inside .

or selling when they believe its High but the next day prices continues to increase that even make it double from their selling price.

Why not instead of looking for low? just buy when you have funds? isn't the perfect decision that will send you less regrets?

This is why Bitcoin investment should not be used as daily living method because you will end up hungry for a month , have not we keep telling people to "Invest What we only afford losing" ?

that has been said for many years as I have mastered that, so I can confirm that keeping your eyes close towards market movement for a while will not hurt us mate.

when you invest in crypto specially about bitcoin , make sure that your rope is long that you can eat while waiting or else never consider this for day trading , speculative and volatile market are the one whose making people fail with their wrong interest.

You're right, and I concur. No one should live off Bitcoin or any other cryptocurrency. "Invest only what you can afford to lose." Indeed, wise words. Bitcoin investors can get caught up in the rush, excitement, and thrill. Volatility in the market might cause bad decisions. People occasionally let their interests obscure their judgment.

You've mastered staying calm in market fluctuations. Well done! You must have enough "rope," as you say, to survive until your investments bear fruit. Not day trading, but strategic, long-term thinking. Speculation in the market might mislead. Be wise, knowledgeable, and prioritize your health.

That's right! considering you have enough patience and perseverance whenever the crypto market is not looking well, you can easily survive the FUD and whatever negative news from mainstream media because you already have a strong belief that it will gonna passed like a storm someday. That's a fact considering the history of its price for the past years and Bitcoin is not like the altcoins because it won't rely on them rather they all rely on bitcoins. They are just waiting for it to increase its price and suddenly the crypto market will become all green. That's why when you invest in bitcoins with the money you can afford to lose, you don't need to worry about it and just set up the alarm whenever the price increases up to +20% and you can decide whether you gonna sell it or not.

Exactly, there are some people who only invest in bitcoin for the short term, if the price rises slightly they will sell it many people cannot invest in bitcoin for the long term let say 5 to 6 years, unless they have another source of income that they won't depend on the investment they made in their wellet and no one can predict bitcoin volatility because the price can change at any time, let say in the next 5 to 6 years now, Everyone believes that the price of bitcoin should rise very well if you invest now and want it to reach the year and the price decrease in the next 5 to 6 years that will be very sad that is why is difficult for someone to leave is coin for very long term, but he can leave it for 2 to 3 years and still make a profit because it is volatile, Many people seek quick money so they do not invest for a long time, which is why you see many rookies focusing on trading since they believe they will become wealthy when they lean about it very well.

The title of the topic says it all, there is nothing more to add or take away from it, if a person wants to be a millionaire, they do not have to do tradign or go looking for which is the easiest casino, or which is the easiest game, or shortcuts to Being rich, it's simple, you have money, you invest it in bitcoin, you wait a few years and you are already rich, the more you put money in bitcoin, the more a millionaire you will be, that is the trend of bitcoin behavior, there is no other way to be able to reach be the best and richest in the world, but now bitcoin is at a good price to buy, when it increases to more than $100k, who will buy? the most millionaires.

Money above a certain amount brings with it needs. Your expectations from life change and the way you spend it changes. That's why there are those who catch a cycle of Bitcoin and make a profit, but the continuity of this profit is also important. Because even increasing the amount of investment in the time between this cycle requires economic power. So getting rich is not as easy as you say.

Every possibility and risk of the investment must be taken into account. At the same time, one must have the patience to wait for a certain period of time. Wealth is a very comprehensive concept. For some, it is something that can be achieved by applying your method, and for others, continuity is wealth.

Bitcoin is a very profitable investment, based on experience in recent years, the price of Bitcoin traded today is much more expensive than before. Bitcoin is an investment for the future, everyone who dares to invest in Bitcoin and then forgets about investing for the next few years will benefit greatly from it.

There is no need to be afraid of risk or loss of assets, as long as you are able to maintain asset security properly, Bitcoin will continue to have a high selling value in the future. Bitcoin selling point today is an experience that leads to regret for those who doubted Bitcoin's potential in the past. It's not too late, there is still time for investors to benefit from Bitcoin, as long as demand and supply still occur in the market, Bitcoin will continue to have value.

I don't think that when someone has one source of income, it may be a tangible reason why it cannot hold their Bitcoin investment for a long period of time, but the reason I think it is behind that is when someone invested what they cannot afford to lose in bitcoin. Many people in the crypto space nowadays are just investing the money they have planned for the near future, which I believe is what created panic and why they can't hold it for a long period of time. The reason why people invest what they can't afford to lose in bitcoin is because of their greed for making a big profit from their bitcoin investment, and with this reason, they can hardly have rest of mind in their bitcoin investment.
 
Holding Bitcoin for a long period of time is not really easy, even if someone has more than one source of income, unless the person is properly oriented about Bitcoin investment and invests what they can afford to lose. Let's say I am receiving 100 dollars every month in three different places, and I decided to invest 50 dollars as what I can afford to lose every month. By using the DCA method, I was able to put $1k in my wallet. Do you know that this $1k will become what I can't afford to lose again because I don't have much on the ground but assume I have much, like $30k? Losing $1k may not be my problem. The only thing that can make someone hold Bitcoin for a long time again is when they have a proper understanding of it and have faith that it will all be positive in the future.

It is possible to become a millionaire by investing in Bitcoin but it requires high investment and long term hold. But how do you control yourself to hold Bitcoin long term? A person can forget about making a big investment only when he has a huge amount of extra money to cover his regular expenses and for some of his alternative investments. Otherwise it is impossible to forget that investment. and a person who can't forget about his bitcoin investment will never stop himself from selling those bitcoins when he sees a big dump of bitcoin price in the market. And that's why it's not possible for everyone to invest in Bitcoin or other cryptocurrencies for a long term hold.

Yes, obviously, no one wants to use Bitcoin to earn a daily living. This means that one should not depend on the earning of an investment in Bitcoin to live his daily life, but in parallel with it, keep another source of income because cryptocurrency also gives loss along with profit. Spare money should be invested; even if it is lost, your life will not be considered a risk.

You are absolutely right that you should invest money that you can afford to lose. Not the one with which you are fulfilling your daily basis of living. And in the field of cryptocurrency, the wise man is the one who invests with the money that he cannot risk losing his life.

Bitcoin users are often in a hurry to take a decision, and they fear that if we don't hurry, the opportunity will be missed, while sometimes a little cool-minded decision is better because, in the high volatility of cryptocurrency, we should stay calm and monitor everything. And I want to grab the rightful opportunity by observing. Then you will be able to succeed in taking a better dissection; otherwise, the majority of haste would have been based on wrong decisions. And anyway, haste is the devil's habit. Human nature has patience and contentment, because being hasty is often the hallmark of wrong decisions.

This only applies when you started bitcoin at its earlier price or in 2017, before bitcoin skyrocketed in price. Right now the price of bitcoin is too high, so you will never know when it will decrease or increase, so it's not just that you will buy and sell and stock a lot of bitcoin. It's not that easy; you will need to consider a lot before investing in it. Like its price, what if you brought bitcoin to its peak price and suddenly dropped it? I get it. Bitcoin is long-term, but of course you have equity to consider. If your equity runs out, then your asset will be gone. Don't talk like bitcoin investment is easy because it is not. There is no certainty in bitcoin as its price is volatile. Don't give false hope and false ideas without stating the things to be considered before entering something new.

Bitcoin is a potent investment and has the potential to bring significant profits if we can hold it for the long term, everyone knows this. But the important thing is, can someone invest and forget about his investment for a while? It seems easy to say but I believe that not too many people will be able to do it because we all look forward to it and look forward to it, can we forget it for a long time? As I see it, even 1% or 2% movements in bitcoin are noticed and discussed by people, so how can people not think about their investments? It is not possible.

My current investment in Bitcoin is like this only. I invest a lot these days because price of Bitcoin currently is half of the peak price. It is obvious that we will be back at previous price in less than 6 months. So if I have a large capital invested, I will double it in six months. There are lot of positive movements coming in near future also which will move Bitcoin prices up more.