Bitcoin Forum

Okay so I saw bitcoin early days because a competitor site owner briefly offered it as a payment method for their products. I thought this cryptocurrency will never work because it will either 1). get regulated / shut down, or 2). never be accepted by the general populous.

Neither of these happened and finally I bought a diversified holding of £10,000 in 2019 to hedge against future pain. I still have this holding untouched including 1 btc and have no plans to sell it until I am sure it has hit full critical mass or goes to zero.

My question: Should I just forget about bitcoin now and go back to my business?

That is your own choice to make. Certainly, I am sure that Bitcoin will be rising in the future and who knows it can even go as high as $1 million after, let's say, 10 years from now. We know it is scarce, but we also know that Bitcoin is not actually perfect which means that if there will another crypto that can caught the fancy of the people then it is also possible that Bitcoin can be set aside. The thing is that nobody know what can be and even those who are predicting for Bitcoin are doing it based on their own personal conviction and speculation. At the end of the day, it can be just another gamble which we hope will be paying a lot later.

China ban Bitcoin but 65% of Bitcoin miners are in China, if they can not sell it, will they mine it? Nothing can stop Bitcoin adoption. Its decentralized nature makes it impossible for ban.

It is impossible for bitcoin to go back to zero, the world has regmcognized it, institutions are investing in it now, and it is getting more adoption. Expect it as the coin it is, a deflationary coin that will increase more in value in long term for its limited supply.

This is your choice to make, and you have gained. But, know that bitcoin is a deflationary money over long term period. It is an asset, an appreciative asset.

You are asking a question, although you probably already feel a profit from the moment you invest. If you have lived and did not need to sell Bitcoin up to this point, perhaps you should also just remember that you have an asset that works quietly for you. The main thing is not to forget to save your wallet keys, as lately we have seen a lot of sad stories when people know that they have become millionaires, but cannot use their millions.

Answering a question with a question,

Are you happy with your holding and the amount you have?

If you are happy with what you have well then it will be easy to leave it alone
to appreciate over time and that is ok to do, there are no rules.

Just make sure you have it secured properly and especially have your private
keys recorded safely, that is assuming you dont have the Bitcoin sitting on an
exchange somewhere.

If you want to expand your holdings well then thats a different matter, you will
be involved from here on in . . . like the rest of us!

What you need to know, for yourself is: in the crypto world you have 100% freedom, no one stops you and no one will tell you to survive in the crypto world, especially in the Bitcoin investment sector.

You have full rights in and out of the crypto world and also your current business, at times like this one must know yourself in making a decision, If you believe you are doing what you want to do, if you are in doubt you should step back, it is all decisions whether you do business or investing in your Bitcoin that determine your destiny, not someone else's.

Forget about Bitcoin like, selling it off or what? Let me just explain to the best of my knowledge. If you have a business you are running, Bitcoin doesn't stop you from doing it, that is, after your business during the day, you can use some hours to check whatever you want to do in the crypto space, and since you already have been holding Bitcoin, then you already know the benefits of holding, thus it would be good for you to continue holding, because if you check the price you bought then and now, you will see the huge difference and the huge gain. Also, from another point of view, if you are talking about selling your Bitcoin and concentrating on your business, then I would suggest you sell some and keep some, because you will benefit hugely in the future. Thus, to reply to your title, Yes, Bitcoin still have enough room to grow in the future and as such good return for holders.

I'm kinda thinking of buying and adding to my holdings. Just wonder what a good price would be. Or if there is a better place for my money? I'm knew to this but my ADA seems to have gone up far more..

it sounds like you've bought bitcoin strictly as a long term investment/hedge. if that's your orientation---and that's fine; you certainly aren't alone in that---then you should probably just HODL. keep your coins safe in cold storage and come back in a few years. the mass/institutional adoption scenario seems to be playing out. enjoy the ride. 8)

if you're ever interested though, bitcoin is a fantastic tool for financial and privacy freedom. it's very liberating transacting without care for borders, regulations, etc and away from the prying eyes of banks and other 3rd party financial institutions. it's not only an investment, but also electronic cash. in fact, i would say its censorship resistance, pseudonymous nature, and fungibility qualities (which underlie bitcoin's network effect) are a very important part of its fundamental investment value.

I would invite you to check out Michael Saylor of Microstrategy, He has done
many interviews all of which can be found on Youtube.

There is no better place to put your money for the long term than in Bitcoin.

Whats a good price? the price will fluctuate, if you are not trading just buy
when you can especially when the price falls back.

There are plenty of people who are waiting for Bitcoin to fall to say €25k
or lower before they buy, these massive percentage drops wont happen anymore.

Think of the two slogans below

"Buy the Dips"

"Dollar cost averaging"

This is depend on your choice. Bitcoin is giving huge profit and return and this is long-term investment i think. i have purchased bitcoin at low prices today its super high.

Well there you have it Bitcoin is fully alive yet becoming a thing. It cannot be shut down by anyone, they could impose a prohibition upon using but people will still find a way. Besides what good on it is decentralized so no one can completely manipulate Bitcoin. Bitcoin also became more popular as big institutions begin to venture on this one and that is the reason why it growing insanely right now.


Unfortunately, we don't exactly when it will hit its peak in fact I don't know if it is possible because Bitcoin was volatile and changes its price overtime. And  I don' think as well that this will drop to zero because just what I have mentioned everyone is getting on it.

I'll leave the decision to you if you are not ready to accept Bitcoin then maybe better to go back to your business but if you want to experience it then go for it. Just choose where you are comfortable with.

Before getting back to your business, you must understand first the world of crypto and then decide whether you are going to leave it or not, for sure if you study this and gain enough knowledge then you'll not leave it anymore, you may do it and your business at the same time. Bitcoin is now going strong now adays, actually, you may also use it on your business if that is online then you may use bitcoin as means of payment.

In short-term: probably not, long-term: most probably yes.

The best way to make a good profit from holding bitcoin is to always have some capital set aside for buying Bitcoin on dips, even though buying at these prices could still be profitable, risk/reward ratio at these prices is not great, corrections are normal for any market and they eventually will happen sooner or later and the smart move is to start laddering buys when the correction starts, for example if bitcoin goes down 5% you buy some with 10% of your capital, if it goes down another 5%(%10 in total) you buy more with %20 of your capital and so on.

Don't give up still reinvests you will get double return. bitcoin is a kind of investment that require time and patience to achieve.

Those two negative thoughts you had about Bitcoin before didn't happened, and now you're about to do the same thought all over again?
You can do your business as usual while leaving your crypto investment as is. I mean that's a win-win situation.
Bitcoin has been rising every year and it's popularity is constantly spreading. Don't you think Bitcoin could reach a six digit figure? Imagine how much profit you'll make out of your 1 Btc If in the next 5-10 years Bitcoin will be worth a million a piece.
You should re-evaluate your decisions.

Bitcoin recovered its price to almost 40k. I think that price will go further than it is now. If Bitcoin begins a bullish run it is hard to know where it will land. Probably Bitcoin goes further than 40k as analysts say. You should not think about Bitcoin more, just let it increase while you do your business.

Personally you can still make some money from bitcoin if you are into it and you spend some time buying and selling, especially now that the volatility is insanely high that every hour or so, the price moves $1000 up or down. You can also do what you have in mind since it has been proven time and time again that bitcoin appreciates in value over time. In that way, bitcoin serves as your passive income while you tend to your business, which generates active income over your part. Consider your $10k bitcoins as some form of time-deposit that you can open once you're already comfortable with your gains.

The current price of bitcoin is 38000$ so  it can be the best price to invest and also can be the worst because the price might fall from this point and we will see the 2017 scenario happening again so no one can really tell whether if this price is the best to invest in, but no dept there were times in the past where you could buy bitcoin in cheaper prices.

We all believe here that bitcoin will fly higher for the long term so I think buying now can give a good profit for the coming years, but you should always have a plan B to deal with the bearmaket if it happend . 

Your best bet is that you should be able to choose one, or if you can, you should be able to do both. If you forget bitcoin I think you are missing a big thing, because the potential for bitcoin in the future is very high. So I think right now do what's best for bitcoin and your business. make both of them a big profit generator, because it's the best at this time.

Profit is in your hands already and it's your decision if you want to forget it for a while and comeback later on if you feel to sell or been alerted when the price collapsed(but this thing will never happen), also if you feel you are comfortable better stick with it but just don't learn some important details about Bitcoin on daily basis so that you can learn as well get updated on the latest happening.

Earning a profit in bitcoin was not far different by earning a profit in real businesses or even in work or any kind of works or sidelines that may give you a profit. Earning money was rellied upon on how you will work for it. It isn't like you are lying down under a guava tree waiting for a rippen fruit to fall exactly on your mouth. Patience is a virtue when it comes to cryptocurrency but earning isn't just waiting or leaving your bitcoin here and when you come back to see your account it will accumulate, still we have to do something for it to be able to accumulate.

Boa tarde!

Gente, desculpe se atrapalhar um pouco a postagem.

Não sei quase nada de inglês.


Eu só venho no fórum colocar questões que me intrigam... Vi uma reportagem de uma pessoa que jogou o HD fora em um lixão, cheio de Bitcoins, porque não queria mais saber da tecnologia e achava que isso não ia pra frente.

Aí pediu pra prefeitura da cidade pra tentar recuperar o HD. Lá hoje tem mais de 1 Bilhão de dólares enterrado.

Fico pensando, se as pessoas ficarem guardando e perdendo os Bitcoins em seus HDs, por exemplo, daqui a pouco não vai ter mais um Bitcoin dispónível.

A comunidade tem que pensar em como recuperar Bitcoins perdidos para sempre. Será que só eu pensei nisso? É muito óbvio! Tem que haver uma maneira de constatar Bitcoins perdidos, revalidar eles no sistema mundial, e depois serem minerados novamente, por exemplo. Ou alguma solução viável, que mantenha a segurança e a quantidade de Bitcoins intactas.

Era só isso. Não sou cientista nem especialista na área, apenas uma pessoa empolgada com a tecnologia. Boa sorte, Deus abençoe a todos!!!

You had your thoughts wrong on one. It can't be shut down. It is a decentralized asset, and nobody can control it so you don't have to worry any single false statement of whoever claims that. Even bans still have workarounds through VPN. You don't have to worry about not getting too much adoption because you can still hold it for its value.
You should probably start doing something to your holdings. Here in my country, it would make me a millionaire already actually.

and since when do you think that bitcoin is not profitable ? btc is always profitable , dump or pump market you can find a way to produce profits .

since your goal is to make good return , holding 1 btc is not going to be enough but you need to add more and then hodl them for a longer time , you can do it easily by forgetting that you have a btc in you and return to your non btc business like nothing happens .

comeback in the future to harvest your billions

Forgetting is like you just want to hold it and wait until the price goes more than what you can ever think of. You can make your decision just as you're thinking and you're the captain of your own ship. If you've got other businesses to do, this is one of the good things that you can do while being invested to bitcoin. It doesn't require you to monitor it all of the time as long as you're making yourself secured with your holding and you have the private keys, you can do other things.

That question should only be answered by you. Decide to yourself what's the best thing to do.

Since you are in a crypto forum, and it's a "fact" that BTC is promising, you will see lots of replies here being optimistic about bitcoin. But people have different views about bitcoin and we are not in the place to say, you should invest in BTC as it should be at your own will.

There are lots of businesses that become successful without involving in BTC so your choice of going back to business is not totally wrong. You are the only that knows how to manage your time and capability of growing your business rather than us. Think if you can handle involving in BTC and business at the same time or just choose one.

You have your point we don't really know what would happen in the future just like what you said bitcoin could get regulated or shut down at some point, at some point if it gets out of control.

That would only happen if things happened but if bitcoin just continues to adapt as it is today surely in the future it will be a lot more value and could even reach up to a 1million dollars of value.

Still, the potential is already in there and it's hard to take profit if you're not holding for the long term, it's better to just forget about your investment and then just come back if its bullish.

Don't just forget about it - put it to work for you! Various platforms and exchanges like Binance or Nexo could bring you up to 10% APY in Bitcoin to your Bitcoin, e.g. without converting it.

This is the smarter choice if you want a passive income.

This is my worry.

Especially the Litecoin/silver narrative, when gold and silver have different properties, whereas the difference between Bitcoin and Litecoin is largely psychological.

Very few have control, whereas the majority will easily go for a selling when on need or out of panic. Making a return out of bitcoin is possible unlike the market changes, but the user himself should have the mind to spend time on watching the market at regular time interval making buy and sell depending on the fluctuation. If one can do it good making a return is an easy task.

If you feel Bitcoin can provide a large profit, you should indeed HODL your Bitcoin and try to collect Bitcoin. My advice is you go back to your
business, then leave 10% of the profit you get from your business to buy Bitcoin every month. Do this for 5 years, I am sure you can get a very
large profit from Bitcoin. Moreover, you must also be aware that the price of Bitcoin continues to rise, so it is possible to generate large profits
from Bitcoin.

why not possible!!!
even in the last 24 hours of trading, Bitcoin has moved 6.8%. Bitcoin price is very volatile so it is not too difficult for you to make a profit of 5% - 7% every day if you are observant and lucky.

as far as precious metal investors go, the difference between gold and silver is largely psychological too. every one i've met primarily invests in gold but also wants some exposure to more speculative rocks like silver, platinum, palladium, rhodium, etc.

the classic investment mindset is all about diversification and sector analysis. most investors are much more focused on how all precious metals are alike and how their markets are correlated than about physical properties and real world (non-speculative) usage. they only care about where the price is headed.

the same paradigm applies to bitcoin/altcoin investment IMO. and that's a big reason why altcoins are gonna be with us for the long haul. however, just like the gold vs [all other precious metals] distinction, i think bitcoin is very likely to remain the dominant coin. even if we don't consider the actual security and network effect aspects (which make bitcoin drastically superior to other coins) the first mover advantage is incredibly powerful and difficult to overcome.

if you are not ready for the risks that may occur, then you better leave crypto, but haven't you also made a profit? So it is very important to know the fact that BTC is indeed controversial, the risk is high because of the high volume, this is a fundamental thing that must be understood.
only invest what you can afford to lose

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Him forgetting Bitcoin I think has to do with him buying and holding and not entirely leaving the industry per se. From his post this won't be his first time since he bought previously and had held for this long. His strategy is the best and also since he has interest in returning back to his business, it'll be the most convenient for him.

All he just has to do is stay updated with the development of the industry and also be alert as new update pops up via the wallet he'll be using to store his coins. Obviously the recovery details has to be safely stored as well. With this you'll be profitable in years to come when you intend selling your bags for fiats

Bitcoin has future profitablity chances since it's full potential is yet to be reached. Adoptions are yet to come fully and when that happens it'll surely have its influence on the price of bitcoin spiking it to new milestones.

Yes, it is possible if you will learn to be patient and don't easily do panic selling, don't believe FUD and your investment will be fine.

That is the reason most holders hold their bitcoin rather than using this for payment method because they saw that it is profitable if you will holding this and take profit when the price spike in the market. I saw an article yesterday that there are big investors who earn in investing of bitcoin including the CEO of Ethereum, Vitalik Buterin.

Indeed, bitcoin has a good return upon investing.

Dont forget the bitcoin just wait for the dump and buy some and then hold, because if you buy bitcoin today maybe you are in a very big risk and you cannot earn a big  profit this time, beause bitcoin is now pumping and it is in a high price so buying bitcoin this time is not advisable. I believe that there is a right time for everything just wait for your time and be patience.

1. You can't shutdown something that is decentralized. Can you shutdown p2p torrents? Look how many times the government failed trying to stop piracy through p2p decentralized torrenting. All they can do is regulated the usage of crypto currencies. Strict policies are being imposed which might indirectly make using crypto currencies legally somewhat centralized.

2. Sadly, this is still true. Only few stores and online shops accept crypto currencies but the adoption is expanding faster than people expected!

You let your long-term investment in bitcoin be good. Especially if you have a business out there, so it does not disrupt your investment.
Not everything related to cryptocurrencies is a pleasant thing by always giving a profit. Because cryptocurrencies hold negative risks to
a person’s financial system. But nowadays, cryptocurrency is an inevitability that currently exists and colors financial systems around the world.
Some technologies behind crypto assets can make financial market infrastructure such as payment systems more efficient.

Who knows? A year ago some people couldn't believe Bitcoin would double its previous ATH one day.

Pandemic situation has changed the things for bitcoin and I think it has just bought it more into mainstream. Before pandemic not much companies were considering buying it but now with some have started in 2020, 2021 will have lot others who will follow them and this only means that big bulk orders will be in buying side resulting in higher demand. Thus, returns are very much possible now as well.

We will see next rally sooner or later, its not late to enter into btc market. So, yes, its still possible to make profit in btc

It's your choice if you are going to stay here in the bitcoin or go back to your business, but you can both bitcoin while doing your business. I will not leave bitcoin because for me it is a good opportunity as of now through online. You can make a good return through bitcoin like doing short term is good now and you will not earn money by doing bitcoin you can try also altcoins and other ways to earn money.

The decision if you will still get into holding on the amount of Bitcoin you have or to just get back and focus in your business will be up into you since you will be the one to regret it or nourish its worth once you have decided into which path will you take. It is up to you if you find business more profitable or having more future to become an essential investment of your money to make good returns or still consider holding into Bitcoin because it seems like you are still wondering into the possible profit or good returns you can attain once you keep on holding it until such time you see that it will be the time to cut ties of engagement with Bitcoin and just focus on the career you currently have.

Because neither of them is happening! Bitcoin is never going to be regulated by anyone. And if it does(it won't), it won't really lose a lot of users because think of it, decentralization is a feature, and same as the transaction speed (when sending money across boarders).

Yes, it is always possible to make a good return from Bitcoin but it will all depend on your investment plans and strategies. In the space of investment, understanding the market is one key fact in making good returns. You don't need to hold unto Bitcoin for a long term before you can make good returns.  Daily trading seems to be a good avenue. For a week now, I have been doing daily trading and its been very good. All you need is to know and understand the Bitcoin market.

In my opinion, why not make bitcoin a side job, yes, you can do your main job and invest or trade as a side job, and many of them also make people millionaires.

As of this moment is all about the timing to invest, you need to spend some time in the crypto market and to be updated every time the price goes down. You need to be vigilant because it could not be the last time you see the price drop there will be a tendency that it could go down even lower or it would not go down at all. The only thing you can do right now is to trust your instinct because this scenario has never been happened before in the history of crypto and all you need to do is the right timing of when to release your money to be converted to bitcoins.

This quote is the most sounding option for anyone that is still confused including OP. Bitcoin is still considered by some as an asset so it is in your best interest to buy and hodl and get your profits when the time comes. Making a lot of income streams is the best course of action, if you have the resolve and determination to do a lot of work.

yes that's true, even though banned in one region or country, but bitcoin that is decentralized and spread throughout the world, there must be a lot of adoption of bitcoin, including its market. so you don't need to be confused anymore.

the problem of price, it is indeed difficult to make bitcoin to 0, because the price is still high and the supply in the market is still there. maybe one day if the supply runs out, then people switch to etherum then bitcoin will go down even though it will not reach the price of 0.

no institution or state can really control bitcoin dude, bitcoin is the most decentralized and now mainstream, which is better than storing gold.
whatever your choice while you are comfortable doing why have to seek other people's opinions? You are free to determine the path you want to go.

As the same question to those who made the investment at ATH levels, during the previous rallies. I am someone who made my investment in 2012, when the exchange rates were really low. But I know a few users who made their move at ATH levels in 2013 December and some who did the same in 2017 December. Those who held onto their coins (only a few did) are in very good profit now.

It is still possible, I'm making more through staking.

IMO the game of buying and selling fiat <> crypto is done. Now the money are in staking, lending and DeFi projects.

Mate you can make lot of short term profit in BTC right now because the fluctuations are really good, last week suddenly it went to 30k then it cake back to 35k. The price is playing between 34 - 37k from couple of days, isn't this an opportunity?

I think this market movement is very important for us to buy and sell for short term however we need to be very careful even the defi projects are doing great from few days. I believe this is a great opportunity for everyone.

The answer to your question, as you can presume, is uncertain.  ??? No one can be sure of the next step, the price level. However, if you believe that your investment will be successful in the long run, and you trust the fundamentals of Bitcoin, there is no need to anxiously follow the market. But on the contrary, if the amount you invest is significant for you and you want to leave it with a profit, it is useful to follow the market situation and technical analysis, albeit occasionally.

I believe it is possible to make a good return from bitcoin, but we need to calm down if we can not make it short because bitcoin price will depend on the market. We can search the other way to make money from bitcoin, and we can use bitcoin as a payment for what we do, so we can try to work from many businesses. We can try to search for freelance jobs with bitcoin as the payment.

Yeah you can still earn profit from bitcoin . Because it is always profitable . Who bought bitcoin last year with low price  only $3k or $4k now look at them where they are now . So I suggest you to save your bitcoin and forget about it but not forget the key 😜

Investing in bitcoin is always different from other investment fields and you can easily make handsome profits. You just have to gather proper knowledge and know when to make entry or not. Whenever bitcoin price move gradually and worldwide traders get active at that time you can choose your entry zone.

It doesn’t matter how lower or higher the price is where you can easily make money by making entry on right time. Most important thing is you will have to know when its time to buy and sell. Just don't run after baseless predictions. Thats all.

At the end no one can answer that question except yourself, bitcoin still has a lot of potential but I will admit that right now it is very difficult for someone to get in the market since the price is so high, if you have no knowledge about trading then it is better that you choose to keep holding that bitcoin that you have in the case the price skyrockets and if it crashes and you have some cash at hand then you could use it to buy some more bitcoin at a cheap price.

I agree, BTC has great long term potential and right  now people might feel intimidated by the market. If you're not sure about BTC you could wait a little to see if the price gets better for buying and you could wait and hold long term. But if BTC isn't the market for you, you could get a quicker return on your investment elsewhere, if that's even an option possible outside of crypto  ???

Anything is possible with BTC. If I have 1 BTC and enough fund with me to survive then I won't sell my BTC for at least for another next 5 years. I would say it's just the beginning of the bitcoin boom. You should forget it and focus on your other business.

it is true that everything will happen in btc no one can predict it i am impressed with your idea of btc in the next 5 years but for those who have already held btc from 2018 yesterday maybe this is where they sell it because the price in 2018 was very cheap compared to 2021 then now they automatically get a tremendous profit.

This is a choice you have to make because at the end of the day if anything happens you will have it at the back of your mind that the decision made is yours. Bitcoin is a good investment that you can hold till future rise

If nothing unusual happens, bitcoin definitely has a great future. Bitcoin has grown sufficiently in the last ten years now millions of traders are exchanging bitcoins every day. The trading market has grown to become more enhanced and sophisticated. With more trading platforms springing up, the ways of trading have also improved. Strategies have escalated and now margin trading has become a thing.

Ages ago, margin trading wasn’t an option and traders didn’t bother about low leverage. Now margin trading is a requisite in trading so everyone has been applying the system in their trades. The diverse ways in which trading can be done is highly lucrative and much-needed information for any trader. Bitcoin investing, mining, giveaway sites, airdrops, bounty programs and more are great alternatives to generating revenue.
Institutional investments have increased and millions are invested on only regulated and secure trades in the crypto market. Therefore, such investments may pave the future of cryptocurrency. The cryptocurrency is becoming more mainstream with time, with rudimentary traders joining the buzz causing the crypto culture to be slowly normalized.

No one can predict the future and also no one says that the bitcoin and the market will pump up very high last year 2020 and until now it is still pumping up. That's right that compared to year 2018, the bitcoin's price was really far and cheap compared today. Many or some of us take a good profit from this unexpected pump up, many people sell their holdings in order to get a tremendous profit to covered the losses that they have on 2018.

Bitcoin was the best performing asset class of 2020 as the chart below shows. Gold and equities were crushed in comparison. Bitcoin's strong performance has not escaped the notice of Wall Street analysts, investors and companies.

The two reasons that you have pointed out was some of the reasons that I actually followed on why I got into the Cryptocurrency Industry. Cryptocurrencies being regulated will be so hard to do and some advanced countries needs to do it first and I really did not have to worry about it being regulated because I live in a Third-world country which makes it very useful for me because the government would need to allocate some funds if they want to research about it and second, I already saw some results that even though the users are not that plenty, we can still gain money from it.

You should earn in your business and learn about Cryptocurrencies.

You should hold little more and wait for bitcoin that it price raise to 50 k. Then you should sell it.
It this time price is  fluctuating between 36 and 38k and soon raise to 50k.
Now manage it with own risk and come back to business.

While governments have tried to put in a bad light the characteristic of bitcoin that makes it incredibly hard to regulate the truth is that is going to be the main characteristic that allows bitcoin not only to survive but to thrive under the difficult economic circumstances that we know are coming, governments are simply playing with fire, they are manipulating the economy in order to try to make it grow even during this pandemic, and their efforts to try to manipulate the economy at the end is going to be the main reason why the current economic system will be unable to maintain itself.

Holding bitcoin need an understanding, I see many people there just suggesting to new user who will hold bitcoin that they should only make a wallet, buy bitcoin and let them for several years, I really disagree with that. Although you choose long term investment, because you have known that bitcoin price always up year  by year you still need an understanding about it.

Be it about how bitcoin work, bitcoin regulation and also how bitcoin become familiar several years ahead. That the important things that you should know, when you are holding bitcoin and didn't know how bitcoin work and etc you will not comfortable when holding it, believe me. You will be afraid when bitcoin price drop although it is just a small correction it will really harm you.

Back in 2014 (when I first invested in Bitcoin) hardly anyone thought that it will rise to five-digits. Back then, the exchange rate was $600 per coin and within one year, the rates dived to just around $200 per coin. Those who invested at that time received huge profits by now. Now the question is how much return we can expect from the current levels. Bitcoin is trading at $32,000 per coin and having a market cap of $610 billion. In the next 3-4 years, we can expect the prices to climb to at least six digits.

Governments can't shut down Bitcoin since it didn't came from them. Bitcoin can be banned from some countries but that doesn't mean that the people of that country can't use it since there is VPN to hide their identity. With the second one, adoption is increasing annually. More and more institutions are buying it and more establishments are accepting it. :)

Good for you because you are in a huge profit as of now (possible that you've doubled your money by just holding it).

Forgetting Bitcoin might be a good decision but forgetting it totally like you will still not have access to it is a bad decision. If you have a business and you are doing well then just continue since it is your source of income. Just put some of your revenues/profit into Bitcoin or any investment if you want to.

Six digits is still a pipe dream for many of us, even the institutional investors, there are a lot of adversarial matters that we should deal before we could reach that number too. One is the FUDs that are being spread to sow confusion and panic among the community, the only way to defeat this is by ignoring them, especially those that came from big media outlet, if nobody talks about it then it won't affect bitcoin. Two is the regulations that are being put in place to make a short leash for bitcoin, we can't do much here but to vote for lawmakers that are in favor of bitcoin freedom or at the least laxed and public favored regulations, the only problem is most politicians are only talk. With the current price of bitcoin, I think doing a trading will be advantageous because you are taking the opportunity to profit at short term but if you are a long term one then it will be better if you wait for another dip in the prices to get the most out of it when the time comes that you harvest what you invested in.

confused to forget or retain.
and the proof is that bitcoin is still surviving,In my opinion, keep what we have so that disappointment does not come to us..

That's one of the advantages and benefits of cryptocurrency, we have financial freedom when we are holding some.

You have full control of your asset and if you have a doubt about the market then you can also make decisions based on your perspective in your investment.

Bitcoin investment is really good as it will make you to have another source of profits not only the business that you are managing. If you can manage those two then it will really much effective for you to have different sources of earnings. But don't force yourself to something you're not happy with so it is still your choice to continue or pull back.

Even the price is high is there is a chance to get a profit from the bitcoin but how, if we notice the price dump and rise every single day and you can start a short term investment with that. Many people are doing this right now and I think it is effective but invest at your own risk because they have possibility the price will dump more but that is the time you buy more because the real investors they investors while the price is become cheaper and cheaper.

Gaining profit from bitcoin right now may look easy but still we need to take consideration of buying or investing whilst bitcoin's value is still high. It would be best if you would wait till it dumps first if ever it will then start buying then holding. If you are too impatient for that, you can just start investing already but make sure to monitor the price change of bitcoin so that you may know if you are gaining profit or losing. Invest smartly and wisely so that you can make the most of bitcoin's wonderful volatility at the moment.

Disregard around Bitcoin like, offering it off and more fair me to  clarify to the leading of my knowledge. If you are doing job 9 t0 5 or trader or entrepreneur just show patience with Bitcoin.Since you as of now have been holding Bitcoin, then you as of now know the benefits of holding, hence it would be great for you to proceed holding, since in the event that you check the cost you bought at that point and presently, you may see the colossal distinction and the gigantic pick up.HODL till get maximum expected profit.

If you have a good business i will suggest you go back to your business becasue you have already made for yourself a good name in Bitcoin: such amount of euro10k isn't something small right now. You bought back in 2019 and have already made gains so, those who are buying right now will definitely be on profit soon.

I don't see any way buying or hodling Bitcoin distracts you from engaging in your business. Do your business and also transact in Bitcoin. Already you're in gains having bought in 2019 at a time when skepticism and low moment characterized the Bitcoin community. You've an edge already on the market. So, why do you want to bow out now?

Nope! That assertion is faulty. Bitcoin is a community owned asset. No single person controls it.

The way to get the good return from Bitcoin is by holding Bitcoin for several years. My advice is that holding Bitcoin for 5 years is enough to provide
a good return. The key to success to get a large profit from Bitcoin is patience, the more patient you continue to collect as much Bitcoin as possible
and wait for it to reach the target you set. Will give you the good return you want. You better focus back on your business in the real world, and make
a lot of money and invest some of it in Bitcoin. That's the step I recommend you to do.

Agree that you can make profit even now but this will work only for short-term and obviously it's very risky because the price is high at the money and anything is possible, Its always advisable to buy at low and sell high or plan for long-term that's how the Market strategy. BTC is gaining momentum again and again it drops then makes a comeback I feel like we can't expect too much drop this time.

If your business is paying off well, then there's no need worrying yourself over the 1btc you have, so just take your mind off selling it for now bitcoin is for long-term investment, so I will advise you keep holding on to it because the estimated price for bitcoin which is $100k is yet to be achieved, but it's definitely possible, so just take your mind off your bitcoin and continue living your life, don't forget to keep your private key safe, to avoid losing access to your bitcoin.

I think still have the opportunity to make a good return from bitcoin.

When I first noticed Bitcoin it was hovering around $1000 in 2016. I tried to start mining, but quickly realized my Macbook Pro’s processing power wasn’t sufficient to justify the time and energy it would take to get up and running. I never mined a single Bitcoin, but I did quite a bit of research. And i think it is possible to mine on the other hand trading is need to earn more money. Also it has price gain for future.

If I were you, I'd rather not. It is important to stay active in cryptocurrency world to stay tuned on what's happening. If you're going to temporarily forget Bitcoin, it's either you'll  forget your private keys (or password) or miss the chance to sell your Bitcoin to maximize your profits in the long run, you know, buy low and sell high kind of basic stuff.

Just install a cryptocurrency app that'll help you monitor your holdings from time to time whenever you feel you want to.

Bitcoin returns mostly depend on your investment but you can get a good profit when the BTC pumped and your account shows almost 2X or 3X more then your investment.

Why not. It's gives huge return and that's why people are always trying to buy and hold them. They store it for a long time . Finally when bitcoin poum up you can see the difference  between your investment or or profit. If the huge that makes you so hapoy

Exactly, I concur on that bitcoin may be a great resource and it is continuously depend on a holder in the event that they offer or hold until such time that the cost rise and pick up benefit. I accept that the bitcoin can donate a great return to its holder depending on the persistence since bitcoin may be a long term investment and it truly needs time some time recently we can pick up on it.Bitcoin is future global currency and at a point people will bid to buy Bitcoin.

If you have a traditional business already, you don't need to stop it. Crypto investment is risky and if you mismanage this you will surely lose. But the good thing about Bitcoin investment is that you don't need to spend more time compared to traditional business which is also be considered an additional investment.
If you are having them both and you are enjoying it, make it continue. Bitcoin is really profitable if you are buying at a cheap price.

As a trader, I think it is important that your trades should be profitable and following a system that you are comfortable with, regardless what price of Bitcoin you have. So I guess what needs to be done is that you follow your process and definitely assure you that you will still be able to get good returns from Bitcoin. So to answer the question, yes, you will still be able to make good profits out of Bitcoin, on any price.

What business are you planning mate? If that can generate more than what Bitcoin can then I think you have the right choice but take note Bitcoin keeps on dominating so holding it long term will make sense.

This question belongs to the Total Supporter and not for a Noob and newbies like you OP. because we have faith and support for Bitcoin so by any chance ? we Believe that Bitcoin will continue bringing Good Return for us.

We can manage to wait even how long just to make sure of our Holdings will remain, and yeah we are withdrawing some amount but Yet we keep our capital inside and adding everytime we have extra funds to risk on.

Maybe some will laugh but remember that we have laughed at them back in 2017 and last December until now , So there is nothing to be afraid on our part.

no no no ,Because Satoshi Nakamoto retired prematurely, and the design of Bitcoin is far beyond the era, no one really understands Bitcoin 10 years later, and a lot of rubbish coins and rubbish chains have been created. The development of BTC has also been affected by a group of people. Anarchists control and go astray and become completely useless speculation. >:( >:( >:( >:(

You shouldn't, you got yourself 1BTC and that's a lot, you can actually gain profit in the future and hold that until the next bull run where BTC can potentially hit another ATH, I highly suggest that you should get more inclined with cryptocurrency instead of just holding it to get yourself a clearer view on the amount of profit you can actually get if you'd put more time studying crypto.

Sure. Bitcoin is trading at around $32000 right now, and this is about 20% less the price where the Bitcoin made most money. But that comes with a very high risk because Bitcoin's price is highly volatile. But if you are willing to put in the risk, then yes, you could still make a good return from Bitcoin.

You shouldn't, you got yourself 1 BTC and that is a ton, you can really acquire benefit later on and hold that until the following bull run where BTC can conceivably hit another ATH, I exceptionally recommend that you ought to get more slanted with digital currency rather than simply holding it to get yourself a more clear view on the measure of benefit you can really get in the event that you'd put additional time contemplating crypto.

Well, you can continue holding your bitcoins or invest it to generate passive income, although there is some risk involved, but at least you can generate more money from what you currently have and convert this profit to your local currency when you desire without sacrificing your initial bitcoin holdings.
As you have your business you don't need to rely in this investment, so it totally worths to keep holding as on long run the main prediction is that bitcoin is going to become very valuable and rare for new buyers to acquire.

If things are not going as what you have expected to, having a rest for now is advisable in my opinion because continuing would result to frustrations. The market value of it fell down from its ATH and is not having another movement whether its value will be higher or will continue to fall. In my case, I am waiting for its market value to fall even more in order to be able to invest with larger amount of it and earn profit once recovery starts. So if you are not enjoying things in this industry for now, temporarily move your focus to other things which is giving you profit by this time.

If that you are able to see how many big and known companies are adopting and accumulating Bitcoin at this time? This simply means that these companies are positively thinking that they can make absolute money from cryptocurrency. They are not looking just for now but they are looking at the possible development in the near future. They probably saw that Bitcoin price will likely grow and surely in demand as the years coming where more people are utilizing such digitalization.

You must have to think about it and the best is to consider the possible changes in the future so you won't be left behind from the market competition.

Bitcoin prices are difficult to predict. Although the recent decline has been a bit large, I believe it will definitely rise in the future.

I still think that if you choose to hold for a long time, Bitcoin is the second choice after gold. If you just want short-term profit, then it may not be a good time to enter the cryptocurrency market now

I think that for Bitcoin investment, countercyclical operations are needed. During the peak period of currency issuance, you only need to hold it, and you don't need to invest more. When currency issuance is underestimated, it is often when high-risk assets such as Bitcoin are the cheapest, you need to buy more bottoms. It's because most people sold it urgently at that time, and the price was very cheap.

well BTC certainly can go to zero value since its a decentralized crypto and depends majorly on the users , in addition its been a mainstream asset and institutional investments are also increasing , this might affect the value and may even bring it down to zero.
now about the investment , since you invested back in 2019 u might have done in around $3K-$7K value and you seen that after your investment BTC went a low around $6K other than that you have always been in profit ,
what you can do if you feel that BTC would crash is remove your initial amount invested then you can be safe and would have no risk of loosing everything, you can then invest that money in some another crypto or in any other asset  .

It is still possible - Stake it till you make it - my new motto :)

I love staking now and yield farming, and watching my coins growing in fiat AND crypto at the same time.

Then you are not using Bitcoin anymore since you are staking different coins though. Read the topic carefully before you post off topic.

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Bitcoin is still profitable by just holding it isince its price grow over the years regardless of what is the current price you invest. Just hold it and don't do any shit like leverage trading or other risky things in crypto.

In my opinion, bitcoin is becoming the first choice after all of theses adoptions and it's never late to take entry, but need to DYOR first. Never miss any bottom to buy more bitcoin if market's sentiment is bullish. Also, bitcoin needs more correction for a huge bullish rally and we're just on that phase. Lets see what happen next.

In my opinion, this is around the worst time to sell. The Bitcoin price has risen in cycles and every cycle new highs were reached and huge profits were made (10 to 100 x per cycle). I think that this will continue as long as the fundamentals of Bitcoin remain strong and mass adoption is not reached so if you are not a trader just hold on to it and can go back to your chosen field because probably BTC will still perform well in the future. Again, this is just my opinion, and wishing you the best.

It needs luck, observation and patience. If you observe well, knowing the good time for selling, and things go as your expectation. That's good. Besides, do not be too greedy.

I think its a bad idea mate I personally suggest to take your initial money or any profit you have and the rest hodl if you trust bitcoin no one can predict what will be the future of bitcoin it may give you more profit but it may also ruin your life you have to balance your investment to avoid future losses.

Actually, I don't believe in luck when it comes to cryptocurrency investment because luck comes to does who work towards it, and what I believe is very important for every crypto investors or traders is knowledge (which will provide good observation later bring luck), greedy control (which also emotion control) and patience.

Ultimately it is your own choice. I think the price will rise, and I want to buy some more.

The whole question of the OP revolves around trust. carlisle1 is correct because there is no wrong time to return to Bitcoin. Bitcoin will always be here and will still give its service to whoever wants to use it and supporting Bitcoin and using Bitcoin can create another income for us even though its not that big but as long as you are within this industry, there is a chance to gain money.

Why not do both of them? Why do people always try to chose between those two if they could just do both of them at the same time?
I am not saying that it would be easy but if you are having a hard time deciding them why not do both if you could?
Just like you said a competitor has decided to accept crypto so why don't you do the same?
Step up and maybe accept more crypto and more ways to be paid there are so many online wallet so why not use them too?
Why would you try to forget crypto? You could earn in both and I am sure that you already gain profit by holding it as you mention that you have 1 BTC which is untouched and still doesn't have the plan to sell it.

The essential reason for Bitcoin's rebound starting in 2020 is that people are worried that the large amount of money printing and debt spending in countries around the world will cause the instability of the global monetary system, so in the next few years, the rate of return is still relatively high.

Yes, it is very much possible to make a good return from the bitcoin as it is anticipated that the price of the bitcoin will increase in the near future.  So I think you should definitely invest in bitcoin if you have good money to invest but you are a bit short of money I would suggest you invest in other cryptocurrency coins like Etherium etc.

The best platform where you can invest and transact in these cryptocurrencies is ExoCrow.

Exocrow, a digital currency wallet, and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin.

What Makes ExoCrow stand apart from rest?

1. Their KYC starts only from 10,000USD and it's just a passport upload and selfie. It's very simple and not hard like other companies.

2. Savings account: They are offering high-return bitcoin savings account with promotion now of 12% monthly return but very soon it will be back to 3.4% ( 40.8% annually ). This option nobody has online to bring such returns for investors.

3. Escrow invoices: I don't know any crypto bank offering this except some wallet providers.

4. Broker: It's an option to top up Forex, Casino, and betting companies. Nobody in the market has this option because the user can top-up his bitcoin wallet in our exchanger with his credit card or bank transfer. Later just click the button and top up his broker/gambling accounts.

Check out ExoCrow: https://exocrow.com/

I have used this platform for a long time and made money investing in cryptocurrencies.  It's time, you make money with it too.

That is true, but still I would advice the new investors to wait for some more time. The indications that are coming from the new Biden administration are not very positive. Janet Yellen made a very controversial statement and Bitcoin immediately lost 10% of its value. So you can imagine how the market will react if Yellen and the rest of the reptilian overlords make any move against cryptocurrency. Better to wait and watch for a few more months rather than jumping in right now.

I read it... you could stake/lend Bitcoin AND get Bitcoin in return in almost all major exchanges. Plus, you could lend Bitcoin AND get Bitcoin in return (without touching any altcoins) in platforms like Nexo, Celsius, Coinloan, and many more.

This is what I'm doing with the coins I'm not trading - Bitcoin for Bitcoin, preserving the Bitcoin value and earning Bitcoin.

You can go both ways, right?

I am not talking about forgetting Bitcoin but holding your Bitcoin in your wallet, check the prices if you want you can do some trades in your free time while still managing your own business. I don't think you would be having a problem when it comes to doing both of them since you can just check the price chart every now and then.

Profit is the word people use when they think of trading and speculation,,, and in general this means they want it fast. Bitcoin is probably not effective for that in the sense unless you get really lucky (like buying in October at 12k and then seeing 40k in January!).

You see Bitcoin as long term appreciative value and you are set:)

If you invest Bitcoin to have a reliable store of wealth and consider your holdings as a retirement plan, just hodl it. You don't have to be a day trader to make returns from Bitcoin.

Yes ! i purchased bitcoin at lowest prices now it is on peak. Bitcoin is decentralized for long term, i think it is risky but can great investment also.

Exactly. In my view, it won’t be problem to have a job or business while doing Bitcoin at the same time. I think that you should treat Bitcoin as some kind of investment rather than looking at it as as income generator. And I think that if you do both, there will be more opportunities and profit you could get. Just remember to check prices every once in a while, be clever in making decisions and use portion of profit in expanding your business.

They are right thinking about being profitable but it seem so hopeless if they don't work on it because the result will also depend on us and how we manage our investment. And the truth is that there is no shortcut to becoming a millionaire.

Well, I don't believe the luck in here. Because the truth is that if we are buying at a low price, try to hold it for a year or two, or to wait for the next bullrun, we are absolutely making a huge return just like now. It all be possible depending on what we plan for.

It depends on your confidence some people support and ignore the use of bitcoin. They ignore because they are afraid to risk something we can not blame them. After all, it's their perspective and also to those people who believe the use of the bitcoin they are the one who benefits a huge amount of good return like you told. At my first glance bitcoin has huge potential but it depends on the people who makes support it. All through year's the number of support of bitcoin not only but also with the altcoins. Good investment, good timing, will have a good profit.

Research before invests not all the things you saw on the internet are reliable.

Well, with the price that rose almost at 10%, it is safe to say that we can still make a good profit or return from bitcoin. The market might have a price change but I don't think that it will also stop the possibility of it creating new ATHs in the near future. That would be the same to some of the other hundred altcoins in the market.

Frankly, you are one of these guys that are fortunate to have secured something big for your future and that of your generations unborn. Hedging such amount as "£10,000 in 2019" in a diversified portfolio means much now base on the current price in cryptocurrency. Well, if am opportune to have made this type of investment in the past i wouldn't have be making effort in creating portfolio for myself now. You have already secured your future, my advise will be: get back to your business while waiting for cryptocurrency global adoption to take place.

I agree with most of what you've said aside from luck, sometimes luck influenced and brings a huge changes in our life. This market is very unpredictable if you are lucky enough you'll be able to ride with the pump.

If not, you'll need to have a lots of patience as value can quickly fall a lot bringing your initial investment to a big losses but if you
have the right attitude knowing that bounce back will happen it can turn to fortune.

Every time you are in doubt about bitcoin, just search more about why many institutions enter this bitcoin space, why PayPal accepts bitcoin, etc.
IMO, we are still in the early phase. Take a look at the data that I gather from the internet.

https://datareportal.com/global-digital-overview
Roughly 4.66 billion people around the world use the internet at the start of 2021 – that’s close to 60 percent of the world’s total population.

https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/2017-04-20-global-cryptocurrency-benchmarking-study.pdf
The current number of unique actve users of cryptocurrency wallets is estmated to be between 2.9 million and 5.8 million.

Bitcoin is now one of top cryptocurrency in the world and there no chance to be scam or orice go down to zero.
I will suggest every one to hold some bitcoin according how muvh you can afford. We Will see in Future that world payment system  will be crypto payment system

More opportunities are really better.

If you will just be depending on one of them, you might regret not risking them in the near future. Having both of them does not just give you more chance of earning a profit but also because it gives you time to think about investing and it might open new opportunities to your business and might add another source of profit.

It depends on your own thoughts. If you are in a hurry, you can sell part of it first, and keep part of it in your wallet.

There were a lot of naysayers of BTC when it first started, some people even neglected securing their BTC which now costs billions of dollars. It seems that you know where crypto is going I know that you already know what the right decision is. If you are still skeptical of BTC you decide to let it go and go back to your business. Each of us has our own perception of BTC. Don't be part of the people who had their regrets not jumping or even stating at crypto once it had started to be massively adapted.

Yes you can earn a lot of profits from Bitcoin by selling it for high and buying it for low. Market is not stable and if you sell it for $38000 and buy it back for $34000 you might have made huge profits along the way. Leaving it the way it is not a perfect choice cause it can go down to $29000 sometimes and that's some kind of a loss rather than profit. However, if your belief is firm on Bitcoin's rise at $50000 or more than you can hold it as long as you wish.

There is a possibility of obtaining good returns from Bitcoin. It is a currency and there are various species of transactions. Likewise, it is also a flammable market. Just based on us how and in what direction we will make an income. The return will depend on the route. There is no intention to guess that nothing can be obtained from Bitcoin. We need to present the market circumstance and our endeavor appropriately.

Depends. You need to ask your self did you already do your own research about this investment?

If you dont have any faith and information about this, what can i say better you just sell it and go back to your business.

The high price volatility of bitcoin is a good guarantee of making a profit from trading with it. Therefore, it will be possible to receive profit from bitcoin in the future. It is only important to feel the direction of its price movement. For example, now, with its current price of about $ 33,000, I would refrain from buying or selling it.

I think the price of Bitcoin should continue to rise after the correction, because the supply is getting less and less, and more and more countries use Bitcoin, the demand will increase, and the price should rise accordingly.

I think it should be. The supply of Bitcoin is getting less and less, but the number of buyers is increasing, and the price will rise accordingly.

Depends at what price you invest in bitcoin. Otherwise if bitcoin follows its past price performance you should expect quite the gains in the not so far future.

According to current market demand, prices may still rise after the correction.

Why it is not possible.Bitcoin has great opportunity to give good returns to its holder.For long term Bitcoin can give handsome returns.Peoples also earning a lot in short term by trading.It depends upon you what you are.

What do you mean forget? It is like it will never exist in your life anymore? But for most of all bitcoin is the future and even no one knows what the future hold we knew that bitcoin is decentralize and no one can ever control it, It is more better if you have a investment into bitcoin and the same time you had your business to support each other like me i have bitcoin and i have business where i can support my business to bitcoin since the pandemic hit us really hard you can see the importance of bitcoin .

I will admit that no one can predict the price of Bitcoin. Most investment company promise high return of investment but end up taking all your money. Bitcoin is a means of payment but can be used to make money when you buy and resell. It all depends on the Bitcoin price when bought and market stability.

Bitcoin trading is very profitable these days. Because the price of Bitcoin fluctuates so much these days, So trading is very beneficial. Bitcoin is the King of the crypto currency. And Bitcoin is a currency in which we can make a lot of money by trading.

The higher the investment price, higher will be the risk. Back in 2015, for an investment of $100,000 you would have got 500 BTC in your wallet. If you invest the same amount now, you will only receive 3 BTC. Bitcoin exchange rates have risen almost continuously for more than a decade. But with that rise, come additional risks. I only want to say one thing. The journey from a market cap of $600 billion to $1,200 billion is going to be much more difficult than the one we had in 2015-21, when the same rose from $4 billion to $600 billion.

You could return to your business and use a dollar cost averaging strategy (DCA). You would invest a small amount in bitcoin on a regular basis. This amount could be small enough that you wouldn't notice it as an expense. Over the long term it would yield a noticeable gain though.

Yeah, for you to stay away from stress I think you just need to forget about Bitcoin right now and get back to your business because you have already secured your future with Bitcoin.

Bitcoin is not for and will not be forgotten, even though you will not touch the holding but at least you will always be aware of the price movements that occur. So, forget it or not, basically you are required to continue your business because it has become an obligation for regular income. If you forget your business and switch to bitcoin, I'm not sure you will get as good an income as the business you are running, so let it go together because it will be good for your future profit anyway, right.

In recent years, bitcoin prices have risen a lot. Recently, it should be in the callback, and the price has dropped a little, but it will continue to rise after the callback.

It is more profitable to hold than to day trade in bitcoin. You just catch the falling price of bitcoin and then wait again until it gets back and rise again. Not that much needing of an effort for someone who likes to invest in bitcoin and just for the short term ride. But while doing the short term ride, it's also profitable to go for the long term ride which is also effortlessly you can do while doing other stuff as I've mentioned for the short term. And it's been always profitable to invest in bitcoin but requires time.

No body can predict that, but for sometime its sure that Bitcoin will stay and in near future. Holding is good, We have heard that it might even hit 1$ 1 million but lets see. A friend who had 3 BTC in just 3 years ago sold out and regret now.

It is really hard to make a certain prediction for it. For example, Bitcoin price started rising again and has reached 37400 dollars now. But there is always a possibility for the price to plunge down. So, it is your choice. After the price hit around 41k, I converted some amount of my BTC to dollars and started observing the movements of the price.

To be honest if you are holder and bought it for long term investment purposes, then definitely forget it for a while. Focus on your other income generating business. Bitcoin will not just go to $100,000 or go to 0 immediately. Time will tell. But for now, definitely not zero. A lot of hedge funds, big institutions even big names in the financial industry specifically Elon Musk, the world's richest man, already showed up his interest in the cryptocurrency industry. Just don't hold or invest any money you don't want to lose. Everything has risk remember that!

No, you should put your faith in BTC and you'll earn the fruit of your long time holding in the future. I'm sure it will be worth waiting for and the best thing is that all you have to do is wait for your money to grow tremendously. However, you should also consider the fact of losing money in BTC which is why you should be careful.

There is a chance to have a good outcome or profit to this currency but the problem is until when you can survive the market volatility there are people just a drop of the Bitcoin they immediately sell their funds also there are people who just only hold to the market because they can not escape the entry point they are already losing it just holds or nothing to get profit.

It's better if we might not get attach too much in the bitcoin letting your job just for the bitcoin there is no assurance that all the time we are going to the uptrend.

I believe when you look back to the date you posted this and what the price of bitcoin is today and if you did not actually invested in Bitcoin back then, you would be hating on yourself now. To be honest, Bitcoin is not what should should even consider whether to invest in or not because since its genesis, though have few problems on the way it is the go to investment for all now and I hope you did invest. 

Actually, many of them quitted when suffering frustrations and disappointment. These people overly thinking that having a Bitcoin investment is easy money, well, they seems wrong. That could be the possible end when we don't accept defeat and losses. Because if we still trust Bitcoin despite the losses and frustration we've got, I think the positivity will remain.

Maybe not. If you are just working for a small salary rate and spending all day working, I believe leaving it for Bitcoin is a good idea. Maybe we could find another job.

I agree with you here because I have discovered that there are some Bounties that pays more than the monthly salary of some jobs, I would leave those jobs in a heart beat and focus on Bounty hunting and investment in bitcoin and hodl some a while.

Yeah by this time, they themselves might have realized the possibilities of making good returns out of bitcoin investments. In January of this year, we were doing around $20k and right now above $55k; what else we need to prove the potential of bitcoin investments. One of the best ever opportunity all investors must think about.

Fortunately this year is immediate following year to halving hence we are having bull run. If OP was asking same question some other time then we might have needed to wait for years to show them a living proof. This kind of high volatility is one of the reason why most investors are still hesitating to invest with bitcoins.

Yes brother!.If you have the patience to hold it for 5,10 years. Then buy bitcoin at current price and hold it until 5,10 years. Because the future of bitcoin is very bright that is why if you missed the opportunity to buy bitcoins from cheap prices then don't worry buy from it and just hold it.

But you can't be  sure with bounties, you can have 1-10 in a 100 of chance to find a bounty. I've seen stories that said that they've joined a lot of bounties and it seems that their efforts were wasted. But if you're sure with that plan and you don't have a lot of obligation, I think that you can sustain yourself and have a 1 time-big time bounty project reward while you have some bitcoin holdings that awaits only for the next all-time high.

In my opinion, this question is no longer relevant, since bitcoin has already shown serious growth during this time and thus one can easily answer the question in the affirmative: of course yes! Those who bought it at the beginning of the year, sold it yesterday - could have made a profit of several thousand dollars. In such a short time, this is an excellent result. There are a lot of such stories and every day there are more and more.

currently the price of bitcoin is at $56,000, just to give you an example in my country less than 5% have or have ever bought bitcoin, and I think that in other countries the number of people who have bitcoin is also very small, which means that there is still space for many people to buy bitcoin and the price to make 3X profit if you buy at the current price of $56000. another important point that has space for companies like amazon to enter this market and cause the price to increase a lot. if you notice, you will see that the price does not fall much, this is due to the high level of confidence that people are putting in bitcoin, people are seeing a good future and do not want to sell, so the price does not fall much

you can hold if you want more profits or sell if you are satisfied with what you have made. you do whichever pays you which means the final choice is still in your hand. crypto banning news dosent move us anymore because we are used to it. the same people banning are busy buying as you are dumping out of fear. no one can stop bitcoin.

I also didn't thought that bitcoin will go this far. When I first saw bitcoin price it is only around $8k but now it is $50k. I am lucky I got the chance to knew bitcoin as early as 2017. Maybe it is already late during that time but it is better late than sorry. From that year I manage to saved some of my bitcoins until this year so a BIG YES that Bitcoin can make a good return. Bitcoin is a very promising coin and is also good investment for the long run. If you still have hesitation you can conduct more research if you want. Just so you know about Elon Musk who buy bitcoin a month ago.

EOS is still promising? well lets not Jump to conclusions and don't change the area because this is for Bitcoin thread .
It is relevant mate because Bitcoin climbs up and down nowadays , dropping to 40k level and climbing back to 50k level.

Hah, the date of this post if the perfect answer to this question

as far as i know, have own business is good than just stay on crypto. this like have the other investation, you cant do anything till the price grow up. holding always wait for this moment. so, you have two profit like what word said above.

there are many people believe on bitcoin or crypto, so, dont be panic if this stuff make you lose. it will give you more value when the time come.

Hello everybody. Having bought Bitcoin in 2019, the profit is very good today. I, too, like many on this forum, am confident that Bitcoin will reach even higher prices, but there can be no endless growth. Personally, I expect a drop to 20K in the near future, but further, the price growth will continue. I sold all BTC to buy again from 25k. But the cryptocurrency market is notable for being unpredictable. I just wish you and myself the best of luck, with the belief that both my script and yours will come true, because you have probably already decided something. No matter how it turns out further, the fact that thanks to Bitcoin you can still get a good profit - I'm 100% sure.

We can absolutely make good profits from Bitcoin. Our main purpose of Bitcoin investment is to get rich. If you buy Bitcoin 10 years ago and to the time you sell now, you have a big amount. What benefits did Bitcoin give you?

Don't think anything else about the destruction of bitcoin because bitcoin is registered in all crypto markets and is licensed, so don't be afraid to buy bitcoins because your future depends on the hard work you are doing at the moment.
we will still benefit from bitcoin if we can take this good opportunity to buy bitcoin when the price goes down.
bitcoin does not always go up and does not always go down, so we must be good at finding the right time to buy bitcoin and we must be patient to wait for bitcoin prices to rise, if we are good at taking opportunities like this then life will be happy because we always benefit from bitcoin .

of course you can still get profit from investing in Bitcoin at this time, because until whenever the price of Bitcoin will continue to increase very high, therefore you shouldn't hesitate to invest in Bitcoin, then now is the right time for you to invest in Bitcoin, because I am sure that soon the price of Bitcoin will definitely increase very high and create a new ATH price again, so you can get profit quickly from investing in Bitcoin at this time.

I don't think so, this question is focusing more deeply on what you think, everyone knows what bitcoin has done today and is wanting to know whether it will continue to do so in the future or this the final milestone, besides, the investment of bitcoin will still be easy or we lose thousands and tens of thousands of dollars every time the price of bitcoin falls. People are spending a lot of curiosity but the futures market is an infinite picture in our minds, an artist will have to design their paintings according to the talent they have

Bitcoin Price rise verses fiat is infinite, you won't live long enough to see it's maximum price verse fiat.

So what you really need to decide is where you cash out, at what point is it good enough.
Sell prices should always be set in your mind whenever you make any investment.
Also the shorter your time frame for holding the lower your sell price should be.

Bitcoin investing should always be in the background and running your business should always be in the foreground.
As your business meets your day to day living needs and bitcoin cashouts should be spread out over years for maximum gains.

It is easy to understand if you look closely at the price dynamics in the market over the past month. She went up and down a few thousand dollars. So, if you imagine that you opened successful short positions on the stock exchange and each time hit a reversal in time to go to profit, you could have already made a decent fortune on these fluctuations.

Statistics show that bitcoin is growing from year to year, so there is a good chance to make money. Nobody believed in Tesla either, but now it costs a lot of money.

hey dude, why should you leave your real world business?
your real business should continue to run and make your bitcoin savings,
because when bitcoin is falling you will still be normal because you have a real world business and your economic cycle continues, try to imagine if your real business stops and bitcoin has decreased in price like 2018, you will go crazy,

Selling or not selling bitcoin is completely yours to know. you have to act according to your own investment plan. If there is a target you trust, you should wait. The potential for bitcoin is obvious. But that doesn't mean bitcoin will never go down anymore. Maybe it will fall again in the coming years and break a record again. maybe he will do this over and over again. The important thing is that you have set your goal. to continue your investment up to your goal. psychology is important here.

Why not! there are over 100 good reasons that the price of Bitcoin will break 100K within this year, Last Bitcoin halving was a breakout signal for everyone, who able to catch it now they are gainer and who missed it now it is the proper time to make a decision for hodling until it reaches to 100K. Now it is 4th time that Bitcoin has given a pullback from the 50K price area, it seems 50K is the superior support area and it is quite hard to break this support. if you are wise enough then buy Bitcoin weekly or monthly basis to get a better Return on investment from it.

I think it is possible to make good money from bitcoin tops all other currencies in the crypto market. The price of bitcoin will increase further clever traders will hold on now because it won’t take too long for bitcoin to break 100K it is possible to earn a lot of money by saving bitcoin and selling it if the price increases in the future. At present the demand for crypto for blockchain technology is increasing currencies other than bitcoin are in a better position if the market is analyzed properly investing in all currencies will become profitable.

First of all, I think you shouldn't forget bitcoin, you made a huge profit.  It is just that you are not knowledgeable enough about its intrinsic history and are hesitant and skeptical about bitcoin.  Remember, bitcoin is an achievement that makes life more productive.  Bitcoin will never return to zero.  Finally, you can explore the space of bitcoin, but simple jobs such as trading, investing ... You can still choose other businesses outside of society to "take short and long."  Bitcoin always produces passive returns in ways that you would never expect.

You can surely make a good return from Bitcoin. Bitcoin do rise and falls and then it falls, it doesn't mean it would rise back. I think the wise thing to do is to patiently hold your Bitcoin, and sells when the price hit your price target. The present price of Bitcoin is $56,127.10 and it won't be bad if you buy more of it now so as to sell when the price pushes up. Back then in 2018 Bitcoin price falls towards the end of the year, but look as the price today. That's a good evidence that Bitcoin will hit a high price this year.