Bitcoin Forum

True Bitcoin has had a massive turn since 2013 and was one of the year with benefits for Bitcoin investors or holders it started with $13.3 in 2013 and by October crossed over $200 unlike 2012 which was not too outstanding.

Today bitcoin is about $45,474 per dollar and many cryptocurrencies are now been generated to compete greatly with Bitcoin, leaving the fact that it is the most known  cryptocurrency most individuals are still been illiterate about it.

Although I have not yet owned Bitcoin, I understand that investing in Bitcoin is a great idea but as like others, it is not a 100% guarantee. And if owned should be stored in a non custodian wallet for safety, I would love to begin my Bitcoin journey and appreciate lots of ideas and advice from this family.

So what is your take about this, would you advise on owning Bitcoin in 2024 or do you see it as a total risk?

Is blissful since holding bitcoin, bitcoin growth as being amazing since all those years. Wish I started holding bitcoin around such years it would have been epic but still is never too late to still partake in this great opportunity.

Back to you at first if you looking for 100% guarantee shows that you ain't ready. Yeah we all know that no investment can be 100% safe, even bitcoin but still the risk in bitcoin is not like that of the others alot of time many holders back then have given up on BTC but still end up making a huge profits. For instance during the 2022 around November bitcoin dip to the price range of $15k and alot of holders sold theirs in losses.
But some still lose hope and left theirs on their Dex wallet but now bitcoin price is at the range of $45,474 and this is just the beginning ☺️  because soon bitcoin will beat it's old ATH. So if you planning to invest on bitcoin always make sure is long-term investment.

Everyone has already understood that Bitcoin has left its mark on history and is not going to just leave it. I believe Bitcoin will hit a new ATH in 2024 following the adoption of the Bitcoin ETF and yes... I would hold Bitcoin this year for the long term. After all, sooner or later the SEC will agree on everything and accept all applications for ETFs; there is no escape from this. And as we know, this market is huge and will bring huge investments in Bitcoin, therefore it is worth waiting and watching the news in this area.

if you believe in bitcoin you can invest, if you think that it is very risky you don't need to invest in it. investment requires self-awareness, not other people's opinions, because other people may think that bitcoin is profitable, but when you invest in it you lose and in the end you curse people on this forum and say that bitcoin is a scam.

so if you understand the risks of investing in bitcoin and are ready for it, you can invest in bitcoin, don't jump straight away without thinking about the risks because that will only result in your loss.

In 2013, the price of one bitcoin was around 14 dollars, after 10 years, the price of one bitcoin has reached about 45 thousand dollars. That is, the value of Bitcoin has increased tremendously in these ten years. If we look at this future without the past figures now, then ten years from now, the value of Bitcoin may exceed hundreds of thousands of dollars. Ever since Bitcoin hit the market, its popularity and value have steadily increased. In 2013, many of us may have known about Bitcoin but due to lack of proper understanding about investment, we may have missed the opportunity to invest in this coin. When we know enough about investing and understand enough about bitcoin, then the value of one bitcoin has become too much, that is, we cannot buy one btc even if we want to now. If we keep buying btc little by little without buying one btc, but we may have more than one bitcoin at a time, so we have to think about this and plan our investment.

I can advice people owning bitcoin but I only advice to people who has a prior knowledge first. I don't teach them, learning it how to use it and what to do with it with their own effort is important. If they have the sufficient knowledge about bitcoin, they will know the history of it, how to use it and how risky it is. We know that the volatility is considered by others as risky but I believe that it differs from person to person, I see volatility in a good way and understand how to take advantage of it.

Knowledge and understanding bitcoin is what makes them invest aside from the potential profits they can get. Non-holders themselves are the one who will decide if they will have some portion of the bitcoins depending on the knowledge they have about bitcoin.

There should be no rush in owning Bitcoin, it's best as you finding it interesting to get acquainted with the knowledge of Bitcoin first before venturing into the market cause I believe you certainly have the plans of investing on your list.

Bitcoin has performed successfully over the years just after the halving that happend by 2020 we can tell when Bitcoin touched the $64k mark. So owning Bitcoin in plans for the 2024 halving is an incredible decision, you just have to go for it.

I don't think investing in Bitcoin now that the price is $45 is a risk. In the last bull market bitcoin price at the top was around 67-$70 if I'm not making mistakes and now bitcoin price is just $45, i doubt this will be top price for the bull. Bitcoin price in this bull market will exceed the price of the last bull market. For me buying bitcoin is not risky because I know the price will still go up more than what it is, at this time one should only buy according to the amount you can afford to lose.

It is necessary and profitable in owning Bitcoin at any given time and 2024 shouldn't be a passer-by because there would surely be a "had I know" as a saying at when you would watch the markets value accelerating so impressively at when its investors have to echo with the Joy of higher incomes so, it is wise enough owning Bitcoin while time goes by before the bull un at ATF is approved.
There is no given risky time in owning Bitcoin because Bitcoin has never in time factor looses its potentials. Though Bitcoin and Crypto in general has high risk of hodling due to its volatilities but Bitcoins is a most reliable crypto coin.

In order to invest in bitcoins, you don't necessarily need to have a deep understanding of how the bitcoin ecosystem works. It is enough to know the basics: how wallets work, what transactions are, etc. After all, not everyone who invests in gold, for example, knows the full process of gold mining. The main thing is to understand that investing in bitcoin is quite risky and to allocate the money that the investor is not afraid to lose in case of anything. That you do not need to sell your real estate or take out loans in order to invest in bitcoin. Otherwise, it can end up being quite disastrous.

There are some questions newbies ask that is making me to laugh. And they are funny. Op your question is fun. And base on your question I see this thread as nothing but you created it to increase your activities. You are really asking if to invest in Bitcoin in 2024 is okay or it is risky. Well I will tell you that it is risky because Bitcoin is volatile and if you can not ber a long term investment the. You should stay away from Bitcoin because Bitcoin is not a quick rich investment whereby you invest and thinking to have profit with a month. And if you think that Bitcoin is risky you can leave but those who like invest will still do it. Investing in Bitcoin is for everyone but you have to accept it.

I think what OP generally is asking in whether to invest in bitcoin in 2024 is basically about the price. OP might be having some doubts that since the price is around $45k it seems high now and it might retrace later. My advice to OP is bitcoin price do not retrace like that and waiting for retracement might never arrive. If you have the money now invest into bitcoin because even at the current price there is possibility that it is going to do a 3x during a full bull run.

OP what you need to do is to split your funds and do a DCA if you’re skeptical about going all at this price. The DCA method is the best for price fluctuations like this. But be sure the amount you’re investing is for a very long time because. No one is certain when the bull run will actually comes the only prediction base on past bitcoin trends is that it comes after the halving but a certain date isn’t know.

OP, try and own some bitcoin this year 2024. Everything today is risky and bitcoin cannot be as risky as you’re imagining it. The year 2024 is been seen as a year of great fortune for bitcoin and if you want a retracement on the price before you’ll buy, I’m sorry, you’ll lose buying it at a very good price now. Your comparison to the past price of bitcoin makes me assume that you are not sure of investing now, not because you’re seeing it as a risky investment but because of the price it have rose to already. Try and own some bitcoin if you can and stop the procrastination about buying some now.

This is true that the Bitcoin price has gained a sustainable rise in recent years after previous halving, but if we look at the price moment of Bitcoin, whomever movement is also much more vibrant. Apart from this, it is nice to see a vibrant gain in the price movement. I mean only Halving does not correspond with the aspect of profit; there are also a seeming rise in the Bitcoin price.

So in fact, Bitcoin Halving is one of the most strategic and big events for Bitcoin enthusiasts, so these events have a special impact on the Bitcoin price. So it sounds good there. I also have advice for those people who are also trying to figure out a way to earn profit in a short time They need to invest their money before Halving because 1st is ETF approval and 2nd is Halving which is the best point because it can bring up the price of Bitcoin into a colossal range.

The risk will never be gone when you're trying to invest on anything, that's all you need to remember and like the first rule and tip of investing.

I'd definitely advise to buy Bitcoin if you see this market to be a long term home for you. But once done telling to buy and advising, it's all on how you're going to respond or going to do exactly as what advised to you.

I don't force people to buy Bitcoin but just tell them how the run was for me. Obviously, it was a good experience and that's why I am staying but new comers find it hard when they're inspired but also scared at the same time.

Owning Bitcoin or any other assets has a considerable degree of risks but owning Bitcoin do not have a "total risk" in 2024. Although the price of Bitcoin is getting bigger these days and it is discouraging at the same time, regardless, it is a way to make money, except that the money can't be as huge as though the coin was still very low in price. Imagine when the coin was still almost $10 or thereabout, one could still beat his chest that it would rise so high and multiple retruns would be made easily. This happened even at the lower price it was in the last post-halving period. But things have changed, and with the price almost $50,000 and nearing its ATH again, it might not be an investment that can give enough returns in multiples anymte. But still, you can make between x2-x3 of your money within the next 1.5 years.

This is still better than most investments out there, you will hardly have the 30% return on your annual investment in them so this is still a very good deal for anyone. However, if you need more money and still want to gain it through investment, and crypto investment for that matter, you might want to turn to altcoins in this regards. You might also divide your investment in Bitcoin and altcoins to maximize your earning and also diversify your portfolio.

There is no 100% guarantee in investment. There should be a risk in the investment, whether it is a high risk or a low risk. If you are afraid with the risk, you have no chance to invest in any asset. Even you invest in gold or land, it also has a risk but it seems lower than the risk in Bitcoin investment. However, although Bitcoin has a higher risk but it offers a higher profits, too.

Dude, if you think investing in Bitcoin will be a good idea, why you don't invest in Bitcoin yet? I think you need to start your investment in Bitcoin before its reaches the new ATH in the next few months. The current price is still cheap enough to buy Bitcoin, you can hold it for few months. I'm sure the price will increase more significantly after the Bitcoin halving in April.

Total risk? I think Bitcoin investment is not so risky. Although we don't know how far Bitcoin to raise in the bullrun season, but the price of Bitcoin should increase gradually. So, since it is still in the very early of 2024, it is safe enough to buy Bitcoin now. It is okay to buy Bitcoin as long as the Bitcoin halving isn't started yet. So, why you don't want to buy now?  ???

Well, if I were to advise you, of course you should invest in or own a bitcoin. Risk will never be avoided in bitcoin investment; rather, it is inevitable. It is up to the person or investors if they can take the risk. In bitcoin, taking risk equals reward or profit, so if you can't take the risk and the losses, then I'd rather say that you should avoid bitcoin. It will make you insane if you are not used to the risk or feeling of anxiety while you are investing in bitcoin or any other cryptocurrency.

Bitcoin may be at a higher price now, but it is not necessary that you buy a whole bitcoin; you can buy a chunk, or satoshi, where satoshi is the cents of a bitcoin. Any amount of satoshi can make you profit if you put it in a good position and the price goes up. Risk risk risk: many topics are about this. If you are afraid or cowardly of the risk, then you can't take bitcoin as an investment.

I know what you mean but it is not 45k per dollar but 45k per btc as of now. Even if you did or didn't invest in bitcoin but if you talk about bitcoin then you should think that there's a risk when you started to invest in bitcoin and of the reason why it is risky is it's price movement. I am sure you have know that bitcoin's price is not stable therefore it may increase or decrease at any time. If you haven't know, if you want to invest un bitcoin then it is not necessary to buy a whole bitcoin because you can buy satoshi which is a smaller amount of btc.

For me yes, if you want to support Bitcoin, you can buy anytime Bitcoin and own it anytime regardless of the price and time.
By just owning Bitcoin of any amount, it will help you to get introduced with Bitcoin, you will be curious of what is Bitcoin, you will try to do basic transferring of Bitcoin by receiving or sending and that's the start you will appreciate the really use of Bitcoin.

Yes, of course, you should own Bitcoin not just in 2024 but even beyond. Actually, you can't expect a different answer coming from this forum. This is Bitcointalk.

Let's not be stuck in the past. Owning Bitcoin when the price was just tens of US dollars or a couple hundred US dollars is of course great, but we can't turn back time. We have today when the price is just $46,000. The potential remains great. A new ATH must be reached soon. A 6-digit price would be in store in the near future. And it could continue to grow more.

And the most important point of course is that Bitcoin provides us freedom. No other currency offers what Bitcoin has.

To be honest it is quiet tricky because of the current attack by ordinals that lets you limit any transactions due to high fees. And owning Bitcoin right now makes you own portions of it in a much higher price compared to the previous years. But yeah owning Bitcoin is much better than owning any other liabilities. DCA is for me the most effective way to acquire Bitcoin right now at it's current price.

I use electrum to store bitcoin and so far it is still quite comfortable and safe to use. If at this time you still don't have Bitcoin then you should hurry and try to make a purchase in the amount that you can. Bitcoin has experienced a significant increase in the last few weeks as the current cycle, you have to hurry to buy it if you want to get the maximum profit when Bitcoin gets a new ATH.

Risk while in Bitcoin you cannot ignore because this asset is quite speculative and there is no problem for me let alone buy Bitcoin in 2024. If you understand the process of the Bitcoin cycle then buying at any time is still quite supportive, the most important thing is you can understand the impact of necessary risk minimized.

Definitely agree. Then there's election in US and god knows what kind of scary stuff is going to come out (As if its already not enough)

BTC halving is around the corner and Central Banks are buying Tons and Tons of Gold. https://www.goldheadlines.com/2024/01/01/gold-price-outlook-the-ups-and-downs-in-2024/

From whichever angle I see the Fiat looks like a losing trade.  :-\

You should own Bitcoin at anytime you have the resources to get one because after now the price will not remain the same. Making it even more difficult to own at that's time, just like you stated in your post, over the years it has been a continuous increase in the price so most definitely few months or years from now it's not going to be same as it is now so the best time to invest is now and don't wait any further, you can purchase in units if you can't get one Bitcoin now due to its high price.

There has been no business or investment opportunities that doesn't come with its own related risk, so it's very important you understand that it comes with its own risk but if you are patient it's whole profitable in the long term.

That is one of the disadvantage of not owning on time, you will lose a lot of opportunity of getting so the best thing is when people are saying buy. Its better to buy because if you don't buy time will come that you have  to wait again to time again To be able to invest. And the focus is to invest and make profit and that is why people are encouraged to invest. And that is the most interesting thing about investing in bitcoin that you can buy in units you don't need to have millions before you invest. Because that is what majority of people think so we need to shear with them that its a new beginning and invest while we still can. When you even talk about risk in bitcoin all you think is about is that you will lose your money and it very possible but follow instructions and your safe.

It is good to act on the motion of owning BTC now, even if it is just a few Satoshis that exceeds the withdrawal limit on any exchange one fancies using.

To own just one BTC is quite expensive for those who even have the means to invest, not to talk of a medium or low income earner trying to own one. The price is still climbing and it is currently nearing the $45k mark.
So tell me, is $45k too small or too big to any individual willing to own just one BTC?
The answer is for every individual to  get, but the advice is still to buy a few Satoshis and accumulate now, before the price gets higher and coins get scarce.

If you are a beginner in trading and don't know much about bitcoin trading, And also want to do short-term trading on bitcoin for now then I think it's kinnda difficult to say you can able to make profit. So in short-term trading I will say yes it will be kinnda risky for investment now. Moreover investment is always risky, and bitcoin also contain risky all time.
But If I say about the long-term holding then, I can guarantee that owning Bitcoin will be always profitable. But you have to know some fundamental knowledge about it and also make a good DCA method for risk free.

Now that Bitcoin is still on the rate of $44k to $47, I will say it not yet risky to buy Bitcoin but you can buy it but with big amount and not small amount again. If you buy Bitcoin with small amount you might not make good profit again because the anticipating price of the year is $55k though some are predicting $100,000 and if you invest now and Bitcoin hit $100,000 then you will make profit. And my take on Bitcoin this year is that Bitcoin will make good results in this year and it has started by SEC approving Bitcoin ETF.

But if you interested in trading then there is no limit in that but the limitation might only found in investment because when the price goes to the ATH, those beginners who want to invest might pause and start when the price comes down again they can invest but it is a personal decision in which they can invest if they are preparing for a long term investment.

OP, you have written this post like a good researcher and labeled the fact that the Bitcoin price started at a low level and now the price has hiked. It seems to me that you have actually done some research on Bitcoin investment already, and from what you have even said in the original post, you already have a reason as to why you actually have to invest in Bitcoin.

But if you need more clarity, then I want you to know that Bitcoin is a volatile asset. I want you to know that it is very wise if you only invest the amount that you are willing to hold for a long time. I want you to know that storing Bitcoin on a centralized exchange is not an option for storing your coin. I want you to know that after this bull market, another will surely come in 2028/2029. If you invest now, you can still sell in the future when price has sky rocket.

Investing in Bitcoin in 2024 is not a total risk, but it depends on how long you are willing to hold your investment. Ask yourself this question; If you invest now, will you be able to hold your coin until the price reaches $80k-$100k+?

Long-term holding with an adjusted price target will not pose any risk, other than focusing only on the main target.

Starting to invest in 2024 with Bitcoin prices above $46++ looks quite risky in the short term,
but when looking at the long-term, Bitcoin has not yet passed the last ATH at $68k.
This is still a good opportunity to reach the price of $80k-$100k.

But will they be able to withstand it or not?
It depends on how they believe in the main goal that has been made.

Boss taufik123, I think you are using more easy terms (layman explanation) to rephrase what I already said, probably for a better understanding of the OP. But regarding the question you asked, it's still the same reason why I said that OP should decide how long they are willing to hold onto their Bitcoin without wanting to sell due to price panicpanic or any reason.

You know that there are some people who will end up investing the money that they are supposed to use for another project, they do this because they feel they might have made a little profit from Bitcoin before the need for that money arises. Unlucky for them, the need for that money will arise when the price of Bitcoin is either low or not yet up to the price they were expecting to sell.

That's the reason why I tell people to invest the amount that they can afford to hold until they make a profit.

If you're investing in Bitcoin and don't want to take a risk, it's pretty much impossible at all. All cryptocurrency investments are risky, and you have to invest something you can afford to lose. You can own Bitcoin at anytime; you don't need to wait for that. Regret about the past won't help you gain anything. So right now, the DCA strategy would be best for investing in bitcoin. Just try to accumulate on every dip you find. Take a risk with your savings if you want to be a gainer. Have to hold for a long time as well.

Invest on what you can afford to lose would be always the main key.! Also, when it comes to investment then we do know that there's no such thing about being late on which it isnt really that new anymore
that there would really be people who would really be skeptical or would really be that mindful in regarding into their positions on which they do really believe that they are really that indeed late.
This is why they would really be that skeptical or would really be having that kind of hesitance on the time that they would be deciding on owning one. Accumulation period should have done on last last years on this current cycle on which i could say that it was the best or sweetest spot for you to maximize that profitability.

Arent you gonna make yourself interested nor really looked fascinated specially now that it is ETF approved? Huge funds would really be that
flowing into this market and owning Bitcoin would be considered to be that a good or best choice specially that we arent still on bull run
period yet.

If your goal is only for the long term, in my opinion, whenever you want to own Bitcoin this year, this month, or today, even before, is fine. And the most important thing is that you buy it within your means or use money you can afford to lose.
However, you are also required to have basic knowledge and understanding of Bitcoin, because what you need to know is that Bitcoin is volatile so you have to accept it wisely. And as long as you do it in the long term, Bitcoin promises big profits, but you also have to be patient in waiting for the best and most profitable moment to sell it.

You would be in the wrong space if your on this forum and haven’t decided yet on owing a Bitcoin or at least, fractions of it. Seriously, all investments comes with a great measure of risk and Bitcoin is no different but, with the history you’ve known it for as stated in OP, what you’ve seen it done over the years, it’s not a currency that if opportune, you should give up on or not give in to.
The idea remains that you should diversify your portfolio of which, it might count in Bitcoin and altcoins for some. While it boils mean, having some Bitcoin while trying out other forms of investment outside cryptocurrencies.
The most important thing here is, ensure you aren’t slacking on owning a Bitcoin if you can afford or fractions of it. It would do you a great deal of good than just seating on the sidelines and watching others accumulate them coins.

You are asking this on a bitcoin forum, so it should not be surprising that most users will be in favor of holding bitcoin and buying it at its current price, but if you were to ask the same on a forex forum, the answers you may get may be different, that being said investing in bitcoin is a good choice, but only if you truly understand what you are doing, as if you are like most of the newbies that come to this market and you are in it only for the money, and you have no knowledge at all about investing, then it will be difficult for you to achieve those goals.

Are coins still being created to compete with bitcoin? It’s funny when I see people saying a particular coin is trying to compete with bitcoin, no coin can even compete with bitcoin. I don’t think any altcoin will be able to survive if they go through what bitcoin has gone through. The funniest part is that most of the coins that people do say they will be competing against bitcoin are just shitcoins. I will confidently say that no coin can compete with bitcoin. That’s why I always choose bitcoin to be the safest coin to invest in.

For any investment you are making, there is no 100 percent guarantee, even if your investment is physical. I will really love it if you invest in bitcoin before the price goes up. Just take your time to learn the basics, which you should know, and don’t forget that if you are making investments, they should be for a long period of time, investing for a short period of time is not advisable when it comes to bitcoin investment.

I have been advising people to hold bitcoin, and I will keep on advising people to hold. We are expecting the bitcoin bull run at any moment, so it’s better you hold bitcoin, but we all should know that there is risk involved in it, so always invest any amount you can afford to lose.

Owning BTC this year is the same as any other year, you have to buy what you can afford to lose, store your coins in a self custodial wallet and have a very good opsec. BTC spot etf has just been approved in the U S., the BTC halving is going to happen in a few months time, so big events are happening this year and it is going to be an interesting one for the BTC investor who simply wants to make profit.

Despite of the high risks, it’s still ideal to buy and own bitcoin for our future benefits. And once we started owning bitcoin, it’s our responsibility to secure its privacy and safety by storing it in a non-custodial wallet wherein others cannot access but only ourselves. With that, it’s always safe not to disclose private information about our wallet and even our owned bitcoins, that is to get rid from the scammers that are always eyeing for their next victim.

Owning bitcoin holds high responsibility, hence if you have no knowledge about bitcoin and its investment, then never dare to enter bitcoin investment. Bitcoin has a lot more of valuable to offer but you should also learn to pay its price and it’s associated risks.

There are definitely risks in investing in bitcoins, but you can minimize these risks by storing bitcoins in the most secure wallet and guarding those phrases well (I assume you already understand them). What's more, as long as you don't sell it, even though the price is going down, you won't lose because Bitcoin will still go up again. After all, you already know the history of Bitcoin, so what are you still confused about?

especially if you look at the current bitcoin price of $46k which is still very cheap compared to the last ATH price, if you are asking for advice on investing in 2024 of course this is the right time because this year there is a bitcoin halving moment. which of course will happen with this bitcoin halving cycle, it will create a new ATH for bitcoin. So you don't need to hesitate to invest in Bitcoin, you don't need to buy large amounts, you can do the DCA strategy from now on. Don't waste the opportunity to buy bitcoin this year, because you will regret it later.

There will be always a risk when investing and owning Bitcoin, we don't know that is but still we have the same fate of losses. If you are into cryptocurrency then it's really recommended to own Bitcoin and especially if you are the type of hodler to keep it for several years, because due to Bitcoin's nature then the price would go up at some point and it might reach new ATH in the future.

Also with the recent Bitcoin ETF news and upcoming halving, it could be something to look forward for.

No investment is 100% safe. However, in as much as Bitcoin is not also a 100% safe investment as well, at least it is a safer investment than other cryptocurrencies (altcoins). Some of these altcoins can turn you from hero to zero in a wink of an eye, but Bitcoin has never done that. My piece of advice is that you don’t have to rush and buy large quantities. You can DCA (buy little by little) till it accumulates. Think of it like a way of saving money in the bank little by little, but in this case you could earn a lot more interests.

If a person wants a lil bit of assurance also, one should not venture not only in crypto market but also tangible assets.
The easiest one for me is the gold jewelry, because you can buy from auctions in pawnshops and have cheaper gold jewelries.
Crypto market in general is a very volatile venture to take, so even if you say you want to hold btc, still you need to take care of the risks involved.
And for most, buying btc today is like they are already too late, but think of the possible scenario in the coming years, are you going to buy it now or in the next years to come? So seize the opportunity while it you feel you have some advantage of.

Yes, there is no type of investment that does not have the risk of loss if we make a mistake in the investment we make, choosing altcoins in investing of course we have to really understand it well and it is very different from investing in altcoins, we just need to be patient and hold on for a while. a long time to be able to get a profit from the investment we make.
Choosing to collect using the DCA method is certainly very good if we can do it consistently then we will be able to make a profit when prices increase later.

Bitcoin investment is always a good way to make profit. It will not give you fixed profit within a fixed period of time. You cannot guarantee when you will receive profits from Bitcoin. You need to invest in Bitcoin for the long term. And then you will suddenly see the profits. So I will give you this advice that you can invest in Bitcoin. Don't be disappointed if you invest here for a long time. And the price of Bitcoin is now showing a lot of pump and it seems that the new ATH of Bitcoin is going to happen very soon.  So you can invest in Bitcoin

IMO, you should be starting to accumulate now while you still can. Some people always have the same concern about being late at investing in crypto and that they couldn't afford the risk of lossing as bitcoin may have already peaked and reached it's full potential. We have been hearing the same concern since bitcoin was still around when it's  still in 3 digit mark. The only risk that I could see right now when you invest in bitcoin, is when you're a weak handed who would sold everything when bitcoin starts to decline.
Honestly, 2024 is a start for another bull run and a huge potential for another ATH. I didn't even feel any risk at this current rate especially that bitcoin ETF has already been approved.
Go look at the bitcoin historical data and see how it grows.

100,000% get your share of the very rare, very precious, very finite SATS! Bitcoin is so rare that not even a tiny fraction of all of the people on this earth of the 8 billion people could even own 1! That is a truly rare coin and a pretty epic statement when you think about it that way. Don't rack your brain how you're going to afford it, pick up on a side hustle, find ways to earn bitcoin by exchanging or trading goods or service shoot even manual labor for the chance to earn and get paid in BTC.

If we speak about risk.

Your local Currency is a risk.  Owning it is risky business itself.  Bitcoin may be more volatile but I am not confident it is more risky to own than owning your local Currency.  This is because there is no central governance, no central emitter.  The Decentralized aspect makes it more valuable and less risky than owning Fiat I believe.

Research and find if it fits your likes and requirements for an investment that is worth it.  Some people agree, some do not that Bitcoin is a good Asset to invest in.  Find your way and your opinion.  You are on Bitcoin Talk, do you expect any of us to say it is a bad idea to invest in it?

You can own from 0.00000001 Bitcoin to as much as you can afford too, so do not start from the idea that it is almost impossible to own one entire Bitcoin today.  What is the point of not investing in Bitcoin if it follows the course of history and say its price triples by the next Halving which is in a matter of months.  You just missed on tripling your investment.  Tell me how many Stocks ever provided this opportunity before repeatedly.

I told you, you are on the Bitcoin Forum.  Ask me and I say, Buy Bitcoin!

In investing, the term "guarantee" means scam... or at least for me because I've seen many projects in the past that've used the word guarantee, and ended up as a scam.

As an intelligent investor, always take note that there's no guarantee in investing. There's no guaranteed profit, or guaranteed loss when you invest. Even many are saying that investing into meme coins is a gamble, there's always a chance that you can get profit, and vice-versa. You know OP, all things begin with a single step. Try to step up, save some money and invest into Bitcoin. You don't know until today? Maybe this is the time for you to buy some Bitcoins in preparation for the bull run.

Would I advise you to own Bitcoin this year? Absolutely. I mean in a few months, there might be a chance that we see a bull market happening, and when that happens, you will get profit in no time just by holding some Bitcoins. Of course, there might be a chance that it might not happen. All investments have risks including Bitcoin, so to answer your another question, there's a risk, but if you risk, there's a reward. Not always but sometimes. :)

Don't forget that everything about life is a risk to humanity, if you own Bitcoin is a risk, and if you have the knowledge of Bitcoin and you don't own Bitcoin is a risk too, i will advice you to try Bitcoin investment with money you can afford to lose.The very first day, I understand Bitcoin, I knew it as a risk someone can take in the time of bearish season to invest and hold for the bullish season to appear before someone can sell to earn something from the risk. I believe, you know that bearish season took over the market many years, and some experts came up with some good news in this new year that this new year 2024 will be the season of bullish market for long term investors and short term investors to have a good results to achieve.

As far as my experience of investing in Bitcoin goes, I can say that it was not an easy journey, at some times I wanted to sell my Bitcoin due to several things such as a bearish market or my needs, but I still held on to it.
My advice to people like you who haven't invested in Bitcoin is to first learn about Bitcoin and its risks and set your goals for the future, whether you want short term or long term investment, but you should invest long term because it is more profitable. And how do you want to invest in Bitcoin, whether with DCA or lump sump. If you already understand these things and already have the capital to buy Bitcoin, I think there is no need to delay investing in Bitcoin.

The risk of investing in bitcoin is not only in its price fluctuations. Investing in bitcoin also has potential risks such as security issues, its legality...although the ETF has been approved, many countries have not yet accepted it. In particular, security risk is an issue for which we will be solely responsible if we lack knowledge and lose our bitcoins. Therefore, those who have not invested in bitcoin can invest now so as not to miss the opportunity, but need to have basic knowledge about it to avoid unwanted problems.

Each and every investment has risk to be honest. You can’t make money from money without taking any risk. Yes the thing is that, you need to take calculated risk to ensure maximum profit from it. Investing in Bitcoins in 2024, is really good thing. I don’t find any major risk here. You need to make your fundamentals strong that Bitcoins are limited in numbers, hence the price tends to go up each and every passing year. So in a similar condition if you already have sufficient coins in your wallet, then no one will stop you from making the maximum profit.

I would not recommend owning any bitcoins as a small investor. Because those who buy or hold Bitcoin are definitely very wise people and professional traders. Without adequate knowledge the history of Bitcoin, how to use it, any future risks and whether it is highly profitable is not worth knowing. It is impossible to know how much the value of Bitcoin has risen from its birth to today without knowing the history, so Bitcoin holders must make their own decisions whether to hold or sell their Bitcoins.

Risk is indeed inevitable in investment. but with proper knowledge and with right steps investors can reduce the risk by big margins,.  you may think that there is not a major risk in investing in Bitcoin but that is not true, because Risk can be bigger and smaller depending on the risk taker.. if we just buy and HODL bitcoin, the risk is only based on the bitcoin price, if price drop, our investment will be in loss, if price increase our investment will be in profit,  but If the investor decide to utilize his bitcoin by trading or other kind of investment in hope of growing them further more than defiantly the risks will increase, so for beginners and people with no priorer knowledge it is better to just buy bitcoin and HODL. don't try to trade or do anything else until you full learn about all these things and know how to properly do them.

There is no issue in buying bitcoin in 2024 because in every coming year the price of bitcoin is getting more stronger so if you buy now then you will see that after four years of duration the price of bitcoin will be more than 100k$. As in the year of 2013 the price of bitcoin was not so higher but steadily and slowly in every year it gain higher worth so same will the condition in coming years where we will see more pump in bitcoin price.

Presently if you buy bitcoin now so there is a greater chance that you will make profit in coming halving but still if you become late then there is continuous opportunity in bitcoin investment from which you can easily take benefit annually. Bitcoin investment is upto a person so whenever he buy bitcoin he will be profitable because price dump is not forever process but it ends after Initiation of Bull season.

Any investment is a risk, so that includes owning Bitcoin. Can the price drop from $45k to $30k? Yeah, I think it easily can, and maybe even lower than that. For someone, it can feel like a major investment loss, a tragedy. I also think a drop would be temporary and Bitcoin would eventually recover, but an investor needs to be able to afford to wait till that happens. I think that the end of 2024 will be a good time for Bitcoin, so owning Bitcoin in 2024 is a good thing to do, but nobody knows for sure how things will go, and maybe there will be a better time to buy later on.

Every investment that exists today is full of risks, there is no investment that does not have risks and if we cannot protect our assets then we will all experience the same risks. Therefore, before investing, seniors always say the importance of knowledge first, after everything is understood, then invest in bitcoin safely and comfortably without excessive fear when prices fall or in terms of storing bitcoin assets.

My advice this year is to buy as much bitcoin as possible with the funds that have been allocated, because to strengthen our finances in the future we need to invest and the most recommended investment is bitcoin. Moreover, in 2024 Bitcoin will approach its four-year cycle, of course buying now is a wise choice. Because for me bitcoin came down from heaven and paper money was created from sin and a corrupt system.

Yes, the potential for Bitcoin to continue to increase in price is very high, especially after the Bitcoin halving, the price will usually quickly increase more significantly. In fact, it definitely exceeds last season's ATH... that's the hope.

And here, no matter how many other cryptocurrencies are created or generated, the reality is that they will not be able to compete with Bitcoin. Yes, although not all cryptocurrencies are completely worthless, there are some that are truly valuable and have long term potential. However, the risk is indeed higher. That's why we have to really understand what the city wants to invest in...


Investing really means being in a condition that is truly ready in several respects. Good in finances, emotional maturity, and resilience for holding. Finances are important because we don't need to force it if we don't have free money to invest, the important thing is not to force ourselves with it. However, if one day you have more funds and are ready to invest, then do it wisely and on time, not when you are bullish in the new buying era. because after all, the bullish era is only short and will usually be followed by a bearish one, so don't miss the moment. unless we invest it for the long term for a few more years.

   Maybe it depends on each of us how we treat Bitcoin. But for me, I'm not a rich person; if I'm in the right state of life, I can say that it's not practical in my situation to save Bitcoin in the long term. Because I have low chances of being able to hold Bitcoin well enough to buy my dreams in life.

   Maybe even if I make Bitcoin profitable, it is possible in the short term, and it depends on what happens in the trading activity that I will do here to get earnings. Right now, he's not really my priority.

Owning bitcoin this 2024 is like you are allowing yourself to ride with the innovation and see yourself experience growth and financial success in the process. Although I would not say that we should invest for bitcoin because of its promising profits, but linking bitcoin with huge amount of money and massive profits is undeniable.

A lot have already proven that bitcoin became a tool for their success, so let's give everyone the opportunity to embrace bitcoin and own bitcoin for future investment and retirement.

I share your investment "guarantee" skepticism. After years in crypto, I've realized that the only guarantee is that there are no promises. The landscape's uncertainty is its appeal.

What about Bitcoin? A revolution, not just a money. Although traditionalists may disagree, I see Bitcoin as an innovative lighthouse. It shows human creativity and our insatiable pursuit of financial freedom. The ride is rocky, but any great journey is. Bitcoin offers both excitement and possible profit. Remember, no guts, no glory.

Should you buy Bitcoin this year? My gut says yes! Unpredictability makes the market exciting. Like planting a seed, you never know how tall the tree will grow if you dont plant it. Theres danger, but no gain without it. Sometimes you have to trust Bitcoin's power.

The history of Bitcoin has totally show how far it has gone and starting from the year 2012 until now you can see a difference from one stage of the price to a higher level which is always occur after Bitcoin halving session and we are closed to next level of Bitcoin price that is fast approaching as the case may be. Buying now is not a bad ideas, make your research appropriate time before investing, because entry point determine your profits in the cryptocurrency space.

I can understand that years ago people could be afraid of buying bitcoin because the whole situation was kind of messy: scammy exchanges, no clear rules, governments banning it, many people against it, etc etc. Now it's 2024, we even have several bitcoin ETFs, something that just 5-6 years would have been unthinkable. If you are an investor, in my opinion, you absolutely need to have some cryptos in your portfolio. The risk is totally worth it.

What would it be like owning a Bitcoin in 2024? Well I think there is nothing special. It will be the same as owning Bitcoin in 2023, and previous years. Yes this is Bitcointalk, which is a home for smart people and weird people :D. So you still can expect different answers here to your question, if that is your main objective. The price of Bitcoin in the past was cheap but its potential was also small.

Now it was the opposite, so I think that should make us late entrants to not regret? Bitcoins being a decentralized currency which provides freedom, is what I think will matter most to those who treat it like a currency and not an investment asset. Government acceptance must still be needed though.

One do not have to undergo research and trainings in order to purchase Bitcoin.  If you have the fund, you can buy it freely on exchanges.  Owning Bitcoin only needs certain requirements, money, machine and basic knowledge.  Simple people can learn or have these requirements if they just do their own research and study Bitcoin.  When it comes to holding, there is no need to have a brain like Einstein,  One just need patience and know his target price for selling and stick to it.

Investment have all their own level of risk at least with Bitcoin there is a history that its price records new ATH every four year.  So if one just follow the pattern, they don't need to be tech savvy to profit from Bitcoin.

Owning a Bitcoin has never been and never wil be a risk. It is an investment in the future, the only risk faced is the same as investors face with every other asset class without removing Bitcoin out of the equation. If any other consideration is given then it should not be tailored to Bitcoin alone.

Those who consider ownign Bitcoin a risk need to go through the Bitcoin whitepaper again if they have for the first time and then compare the blockchain space to the conventional finance space and tell me which has a future.

You seem to follow the crypto world a lot without owning any bitcoins yourself. It's great that you have such an interest and keep learning new things. But why don't you take next step and start investing someone money? I hope you are not waiting for Bitcoin to drop back down to 100 USD, because those days are over and are never going to come back. It's very unrealistic that we are ever going to see a price below 10,000 USD. Just assume all the people who jump quickly to buy new coins below a big level like 20,000 USD. There are so many opportunistic investors that would snatch up cheap bitcoins. Which is also my goal for 2024, keep buying more bitcoins as much as possible and build up my crypto portfolio.

Well am not surprised about this because alot of person like you are outside and some of them are actually due to the factor of procrastinating that they are going to buy when the price reaches certain level and when the price does reaches they still fall to buy while others is due to lack of unpreparedness as they don't intend to having plans but feel they can just buy but investing Bitcoin needs proper planning so I will also encourage to stir up some moral and certain mind to atleast secure some stats.

It's normal to doubt, but believe me, it's the exact same way that those who entered the market in 2017 thought, Bitcoin that used to be $100 is now in five figures? They most have thought it's over too.

If you have doubts, wait till 2028 and look back to see what Bitcoin have become, six figures is now possible than ever, are you going to wait and miss out on the opportunity or you will take some risks and see how things play out? The choice is yours.

If you understand Bitcoin you should see everything coming at this point, 100k or more will eventually happen, don't wait to be tasked for not trying.

Bitcoin is not a stable coin the volatilities will always in it and that's why we say little pump currently but if you say current market with coin move down little bit. I don't think it's a risky price for investment even then no one have to do invest in Bitcoin a large amount at once. You can divided your fund and start investing on Bitcoin for long term strategy you can also use the same method for starting.

and indeed the key as an investor is to wait, if he cannot be patient in waiting he will miss a great opportunity to get a decent profit from bitcoin investment, I even think the opposite, if bitcoin investors can be much more patient then the risk looks small in my eyes, but for those who have a level of fear of price fluctuations in bitcoin they are the ones who accept that bitcoin does have a big risk, what is seen from an investment instrument determines how much risk there is in his mind.  Now in my opinion the risk returns to each pair of eyes looking at bitcoin.

I myself feel happy to follow the market drama and keep collecting bitcoin little by little in 2023 yesterday, which makes this year 2024 having bitcoin and buying at a lower price makes me happy and like the future awaits me there.

May I ask, what's holding you back from investing in Bitcoin. If you know all  this you're saying which is the basic knowledge a Bitcoin investors should know then why haven't you invested yet. Are you one of those peoples that want the buy everything at once. It'll be a complete waste of knowledge if you can give advice to people and give them reasons to buy Bitcoin but you haven't done so yourself. Start accumulating Bitcoin as little as you can and build you portfolio to the amount that you desire. Bitcoin mightn't be a 100% guaranteed investment but you can be sure that when the market starts rising and you own Bitcoin, you'll benefit from the inflow of money into the market.


If you still think owing Bitcoin in 2024 is a risk then you have a long way to go. It's not owning Bitcoin that is a risk. With the high rate of inflation that's making the fiats currency to lose its value, owning some Bitcoin is the best thing you can use to have an advantage against inflation. Its 2024 so calling Bitcoin a scam is kind of outdated because it has proven over the years that it can be a trusted investment. If you're still in doubt of Bitcoin just remember it had its ETF approved and the the U.S. Securities and Exchange Commission (SEC) won't approved something they consider to be a scam.

Almost several countries will hold elections for heads of state this year and we never know how unexpected things might happen. However, regarding the halving process, I am still quite confident that it will happen when the time comes, but determining exactly when it will happen is still a matter of doubt because it is still quite difficult to predict with certainty. If we calculate the duration of the previous ATH process, there may be a small picture that we can analyze, but it is still difficult to see the exact time when it will happen.

Fiat always cannot be relied on in the long term because its strength in maintaining value is not strong. If we intend to maintain the value of the money we have, it is best to buy bitcoin and hold it until the price reaches its highest before the halving arrives. That is one of the strengths we can do compared to putting money in places that are not productive at all.

If you don't own bitcoin yet, how can you say that investing in bitcoin is a great idea and if you think investing in bitcoin is a great idea then why don't you invest in it? What are you waiting for?

If you really don't have enough faith in bitcoin, you should spend more time learning about it but you shouldn't waste your time either. Because as many people have told you, bull season is coming and if you don't own bitcoin until the bull season actually arrives. You won't know what you missed and will regret it a lot.

Yes Indeed, based on predictions on the ATH it seems the winning vote would be $100k after the bull run

The only difference between owning btc in 2024 than back in 2013 is the huge price difference, the quantity of btc you would have get with $100 in 2024 is far far less than what you would have gotten in 2013.
As for the risk, it is pretty much the same imo, it all depends on the individual involved to be more security conscious, keep the p/keys safe as much as they can, avoid clicking on unknown links, get a hardware wallet for storage.
The question now remains, will hodling btc in 2024 bring any good profit compare to buying it 4 to 5 years back? if your goal is long term, you can always give it a shot. Keep in mind that everyone have right to their opinion and you should not take online opinions as financial advice. Do your own research and invest what you can afford to loss.   

When long-term goals and results are important, buying bitcoin at this time is risk-free. 99 days until halving and be patient with market making intentions for ETFs becoming clear. I think buying bitcoin as I decided to accumulate it right now is not bad. The decline in price following the bitcoin ETF was predictable, but it was also an opportunity to take advantage. Then we will think about ATH in 2025.

I don't see a significant spike in Bitcoin prices in early 2024, meaning my view is not too risky in the current second, we may still have promising opportunities for Bitcoin users, There is no guarantee that when we enter the middle of 2024, maybe it is very risky, because one of the halving phenomena will occur.

My feelings for now are still calm and improving, even though I have to buy now and invest now, I still believe the best opportunities will happen in the future, but we are still alert that anything could happen to Bitcoin without our knowledge, but I still feel comfortable doing something now, not comfortable for the middle of this year.

However, no investor is completely safe when it comes to business. There will be risks in business. It is eternal truth. In the crypto currency world I think bitcoin is much safer to invest in than alt coins. At any time you can lose your invested money if investing in the wrong altcoin. Moreover, you can buy Bitcoin little by little without investing at once, it makes it easy to understand the market conditions.

There are prediction graphs made in the past that in retrospect accurately predicted just how big bitcoin could become in the years to be. Forgot his name honestly but if I'm not mistaken it was a formula of sorts or a price prediction graph (either of the two) which made headlines for how ambitious it was but eventually, it turns out that he's onto something.

With that in mind I say bitcoin could become really big in the years to come, even some early bitcoin developers and backers predicted bitcoin to reach as much as 300k in this particular bull run alone. Which is a longshot and yet an ambitious one from the 100k ATH price that we're shooting for, in spite of the fact that bitcoin destroys our expectations of it (in a good way of course) everytime a bull run commences. If that would be the case we may as well expect bitcoin to be 300k in the months to come, or perhaps next year as it takes bitcoin a whole year before it really gets into its feet and gain some traction even after every halving. For the meantime, I say it's better to be early in the game than be late in it and reap the scraps of what you could've enjoyed. It's not even risky to invest in bitcoin at this age anymore as compared to other cryptocurrencies in the market there's some level of price security involved with bitcoin that allows you to have that peace of mind even when the price is crashing, so long as you don't sell your position of course. So yeah, invest in it and don't delay.

Still owning Bitcoin until 2024 is a great experience, and certainly for those who have held back long enough or when Bitcoin dumps to below $20k it is the best opportunity to buy, Holding it until 2024 will provide many benefits.

There is no sense of regret for continuing to hold Bitcoin until the following years when the price reaches a new ATH.
The obvious target on the new ATH must be achieved, this is a goal that will never fade.
The year 2024 is the start for the 4th Halving, and so the starter for the real Bitcoin Bulls.

Right, I have bad experienced for recommend to invest in Bitcoin, okay let share it, I told some of my friends to invest in cryptocurrency they put big amount in altcoins & Bitcoin, When they suffered losses then they blamed me it's a scam because they faced losses. So if now someone asked to invest in Bitcoin then i suggested to them DYOR.

What if first, they did not in understand fully how the system works or they did not go through the market analysis properly, all these could be factors

It would be more risky in the future if you haven't own even a portion of bitcoin. A lot of people are now already seeing their future with bitcoin, so don't be left behind with this great opportunity to start investing and hold bitcoin for longer years.

Owning bitcoin in 2024 is like a dream come true for everyone who exactly knows the value of bitcoin. But for those who thinks bitcoin is a ponzi scheme, I think no matter how expensive bitcoin is, they will never be attracted to invest in bitcoin but rather chose fiat investment for life.

Owing some amount of Bitcoin right now is not only about the profit making but also a hedge against inflation, if you check, many countries fiat currency is tanking at the moment due to the rising inflation while Bitcoin has been in increasing in price lately, Therefore, it another considerable benefit for every individual or institutional investor in space right now, don't look at how high the price is before one starts to buying, Bitcoin would even double or triple in value in the coming months and years as institutional adoption is skyrocketing lately.

It's still best to buy bitcoin at the start of the year, most especially that bitcoin price has not gone so high because once bitcoin halving is here, we will see sudden price hike for bitcoin which means buying at that time will be more risky compared with the current market price.

However, if you resort into following DCA strategy, much better as it will lessen the risk from losing. You can do it monthly or bi monthly, depending on how often you make an income.

Obvious his friends aren't knowledgeable enough for crypto investment or his friends are just expecting for an instant and easy profit from this industry. However, this is the downside of sharing something to people who are not interested into it in the first place; it would really seem that you just dragged them towards this industry. You could have not told them how to handle things. Always the misconception; since we saw many people who earned huge amount of money from crypto investments, some gamblers especially the new ones are also expecting for the same outcome on their end without considering how touch he gone into.We could now be on the bullrun again likewise with 2016-17 period, which means investing at this point would be a good idea but should be better not to talk about it at all. Accumulating now could give you a high chance to earn bigger profit once its market value starts to be in such 'run'.

Many investors as well are waiting for a hug movement on its market price 'coz there is still a chance for correction to suddenly take place and with that, you should have your own 'gameplan' before things start to roll.If you are into long term waiting then creating an entry now could aid your worries.

Nobody can predict the market of cryptocurrency perfectly now the price is increasing and also falling so many people never knew that the price may fall to this extent because what they have in mind is that the price will continue to accelerate since we have entered 2024 the price will continue to rise but they never knew that is not the way bitcoin rise sometimes it depreciate in value to correct the market and also increase so having bitcoin now in your storage it may be profitable in future and the also may not be profitable because nobody can predict the market accurately

This is the fact. Bitcoin serves as hedge against the paper money that have been losing value due to inflation. Prioritising bitcoin investment will help people to be on the safe side. However while holding bitcoin we should also have fiat currency, because bitcoin too is volatile by nature and when we're in need if the market is bearish we'll experience loss. Accumulating as much possible is good, and the same needs to be done at the right time. Considering the halving it is right time to invest.

Although owning bitcoin carries a lot of risk, I will encourage anyone to hold it because everyone who does so is benefiting from it. Many people are afraid that investing in bitcoin carries a lot of risk, but I haven't seen anyone who has invested for a long time complain that they lost their money. If it's possible, I will try to educate those who lack on what bitcoin is all about and encourage them to buy and hold so they can also benefit from it. We cannot look at the risks associated with bitcoin that we shouldn't hold it, so the best thing is that we should understand it before we invest our money in it.


Don't you think that before making their investment, they lacked enough knowledge about it? You tell them to put their money into bitcoin, but you could have helped them through with the process. I don't think they knew much about bitcoin before you told them to invest in it, so if you had guided them, they shouldn't have put their money into altcoins because some of them are like gambling you could lose everything immediately.

Their is nothing to argue or compare bitcoin with altcoins,  the evidence is their to see that bitcoin is more reliable and safe to invest. The only thing that will make one to consider altcoins for investment over bitcoin is greed and ignorance.  Greed will make you feel that it is only in altcoins you can get quick profits to become rich quick, while ignorance will make one feel investing in altcoins over bitcoin is the right step to take, expecially seeing the price of altcoins very low.

 Because of the price of altcoins being low some people prefer to invest in it but this is a wrong step because many of the altcoins have no good market value and with this money invested in this shit altcoins can lose at anytime.  Bitcoin is the most reliable for investment, the price of bitcoin shouldn't be a limitation for not investing In Bitcoin.

Understanding the current situation of the market, we can say that it is growing. Those who accumulated Bitcoin last year have already gained huge profits but haven't said we're too late for this and take the chance while halving is just coming because we are expecting a skyrocket after. Having the fact that investing in Bitcoin is a good choice and not a losing investment. Buy now, hold, and wait for the ATH --that really sounds crazy but it is possible as long as we have faith and are able to wait for the right time to sell.

Investors should know their limits of course because they cannot just simply mimic what others have done because we have different ways of how we deal with our personal budget in life. sometimes others are fine investing large amounts of money because they can handle the loss and others are always in the moderate no matter what happens with the investment of others. I usually always take the middle path even in this year because that's when I feel my heart at ease and I don't have to worry about risk because I can just simply get it back from my sources.

Depends on where you live. If you live in America and every other First-world country a bitcoin wouldn't be that much since having that much money also comes with the expensive items that you'd have to pay for. On the other hand, Third-world country-citizen will see the most benefit with owning a single bitcoin. In the Philippines alone, you pretty much could buy a whole house and lot package with the 45k that you're getting from bitcoin alone, and this is expected to persist at least for a couple of years cause houses in the Philippines are cheaper.

Ideally I'd say you're set in the crypto industry as long as you have a bitcoin in holdings, I've seen some of my friends start off with as nothing back then and still earn 4x bitcoin's amount so what more would it be if you could get that much this early yeah?

You already have understood that Bitcoin is a great idea yet you are still asking. You are still in doubt as per see.
If you still have it in your mind, you will end up missing the chance. If I were you, grab your bag and fill it before the halving, or else, you will be in regret it. Don't be like those people who just buy Bitcoin when the pumps have started but rather accumulate them before the surge. Just look at the price history of Bitcoin, I believe that would help you to encourage and eliminate your doubts. But if you still carry such feelings, I suggest forgetting about crypto as it certainly never works.

It cannot be said to be a hedge because Bitcoin has rapid price fluctuations. this will be risky for those who don't know how bitcoin works and if they panic too much they will sell at a loss. having a lot of Bitcoin now will provide benefits because it will be approaching the Halving which can produce a lot of profits when it reaches ATH, and now is indeed the right time to invest and hold it.

It wasn't even all that confusing neither, anyone who has seen any cycle before would have known this is exactly what's going to happen, and they have already made some profit, me included. I mean when it was in the bear market after that big bull market, I knew that there would be a time to make some money, it takes a whole year, but it happens.

When we went up at 2021, I knew that 2022 would be bear, didn't know the bear would start at 2021 to be fair, but knew 2022 would be bad year, and when 2022 was bad, I knew that 2023 would be a bit better, not a ton, but it would go higher, and in 2024 it will keep going higher a bit, and in 2025 we will have a huge bull run, these are all obvious stuff and doesn't really surprise anyone who has been here for few years.

In order for you to make a profit - you have to buy low and sell high, that's how simple it works. Even without analysis - you can buy bitcoin now and hold it for the long term, it will give you returns although it is true that there are no guarantees. Your money is your responsibility - so consider wisely how much you can afford to lose on this investment.

One factor in someone's failure in investing is – they never tried. You must be able to learn and increase your knowledge in order for increase your optimism about the good future of the assets you want to invest in. The current price of bitcoin maybe seems high to you - but this could be the lowest price in the next 2 years.

If you have good amount of money then you can start investing. I believe Bitcoin is the most secure coin in the crypto world. No 100% guarantee is possible in any investment. I don't see 2024 as a risk, Bitcoin ETF are approved and Bitcoin is getting close to halving in 2024. Bitcoin is coming to a bit of correction, little bit of correction has been done. If you want you can wait some more time for the price to drop. Expect to enter this year-end Bitcoin bull market, buy and hold.

Before we should invest bitcoin we need to understand about the market then we need to invest. Bitcoin investment is very easy and what is safe. But you need to invest bitcoin right time then you can successfully earn profit. If you are impatient with bitcoin investment.  If you sell the bitcoins, then you might be doing a big stupidity.

It's true, many people approach crypto with the "get rich quick" mentality, only to be disappointed by the market's unpredictable nature. And you're absolutely spot-on – Bitcoin is not for everyone. It's a volatile asset with inherent risks, better suited for those with a long-term perspective and a high tolerance for uncertainty.

However, I wouldn't dismiss the genuine curiosity and enthusiasm driving people towards Bitcoin. While some questions might seem funny on the surface, they often reflect a desire to understand this complex and evolving technology. It's important to remember that everyone starts somewhere, and even the simplest questions can pave the way for deeper learning and engagement.

Owning Bitcoin is one of the best things you can do in 2024. The market, adopters and analysts in general are pretty confident and optimitisc Bitcoin will get more valuable between 2024 and 2025, mainly due to halving event which is probably going to take place in next April. Of course there are risks involved, because this is a high volatile investment, with huge upsides and downsides, although what I keep in mind if that Bitcoin has never disappointed us on long run, taking its history into consideration since the beginning, so I feel secure to advise people to purchase as much as they can right now.

Although the risks are real, in my opinion they totally worth the potential rewards you can get from it. It's not a dumb risk like investing in altcoins, ponzi schemes or doing illegal stuff which will put your physical integrity in risk for money... Bitcoin is something else, so don't waste the opportunity you have in your hands to join the train of next bull season. Personally, I'm expecting at least 50% profitability over investments being made at this moment, and I suppose it's a conservative prediction yet.