Bitcoin Forum

https://bitcointalk.org/index.php?topic=5467828.msg62890863#msg62890863

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Do any of you remember five months ago I started trading with just $100 and today I own $1130 and I respect Bitcoin a lot and it is slowly brightening my future and I have gained a lot of knowledge from Bitcoin in these five years and  With this I want to earn more money in my future and I want to say to all you all can buy bitcoin and hold it and you will have a very bright life in your future you are too bad my friend earned a lot of money in 5 months but today he lost a lot of money in 2 months  Because he got addicted to gambling and I buy and hold bitcoins and slowly trade to own $1130 today Bitcoin is really brightening my future.


We never get addicted to anything and try to do whatever we do with our talent then we will get success in no time.💪

Was it trading that gave you that huge profit with $100,then you must be a genius. I don't understand how you got such profit, because you said that you were trading and hodling at the same time. That is wonderful to se how much profit your strategy gave you.

I prefer hodling than trading, because I am not a good trader, so I don't want to gamble with my bitcoin. However, every investor that took the opportunity to invest last year was would be in profit by now because the price of bitcoin have really surged high. If you continue hodli till next year you will make more profits compared to what your bitcoin have generated now. But if you continue trading, you might  lose all your funds.

Trading is high risk, I always prefer holding. Congratulations, you have made a huge profit. Best of luck to you as you continue this way. We can definitely earn a lot of money from Bitcoin long time Holding, we just need to hold long term without panicking. There is a lot of risk in trading, all the money can be lost because of a small mistake in trading. But if we do this long-term holding, the possibility of profit from here increases a lot, if the holding is long-term. It is possible to make a lot of money from long term holding in bitcoin, if we start long term holding now using DCA method it will give us huge profit in future, because we all know that bitcoin will cross 120k in next bull run and it will don't stop there will go further. So we should start holding now we can definitely build a much bigger portfolio in future.

looking at your and your friends' stories, we learn a very valuable lesson there on how to build assets for the future. instead of wanting to multiply your wealth quickly and quickly by gambling, you end up destroying everything.

Never mind gambling which will obviously result in defeat, altcoin trading also carries high risks. so the most appropriate thing is to just buy and hold bitcoin. Even if you want to take passive income from the increase in the price of Bitcoin every month, I think it's very possible.
It's true that you won't be able to get big profits in a short time, but it won't make you miserable in the future.

In the past you put money in bitcoin and on the other hand in gambling, you can distinguish which is in the joint movement and not binding (bitcoin) and which is speculation in gambling even though using crypto in a platform.

Just a few months you got a profit of 1000% of the capital is a good achievement, if you want to sell I hope you are wise and spend back on bitcoin, because after halving this year in my opinion it will still be brilliant. Actually, addiction is because the brain responds more: easier, lighter, more income in expectations. Although it is easier to go bankrupt if you are too obsessed.

The difference between investment and betting is quite far, but sometimes desire and overconfidence cause the effect of haste and inappropriate steps even though the goal is fun. Detect as early as possible the potential for loss and detect which ones can benefit. your steps are right.

Nice to know that in not even half of a year,
you managed to make this much profit.

Trading is often reserved for much experienced
people. Holding is a less complex and stressful process
in my opinion but trading can be very beneficial in shorter
periods of time. Your friend should honestly take down
some notes.

I quote your topic when you shared your trading and gambling life.
I don't conclude that you lied with story but if it's too easily to get profit with trading Bitcoin, like your story, many people who don't invest, but trade Bitcoin, actually became rich.

Fact is opposite, people get poorer by trading and they lost their bitcoins by trading.

Five years and you only joined Bitcointalk since 2023. When I read to this part, I check your profile and it does not surprise me.

Check your profile, I feel I waste my time to answer you above.

Read next, to this part, what a shit post.

Don't addict to make shit post, no punctuation.

Ignore you now.

I'm not surprised you also noticed O.P's contradicting statements regarding his/her recent profit made from a Bitcoin investment, because at first, I must confess, I kind of believed it, not until I read the two stories, and noticed a contradicting statement without any virtual proof to validate his/her statement that he/she actually made a 1100% profit from a Bitcoin trading within a space 5 months. Hence, I think this story is to be tagged unreal until O.P provides more proof.

However, with regards to the relationship about Bitcoin and gambling, I will say Bitcoin remains the best asset for one to spend his/her money on, unlike gambling where he has a 50/50 chance of either winning or losing.

Nice story. those who believe in Bitcoin and make long-term investments are sure to succeed. Gambling brings death to people because here if you win you gain and if you lose you lose your entire bet amount. But after investing in bitcoins if the price of bitcoins falls then if you can hold them patiently then you will recover your loss and if you can patiently wait till the new ATH then you can earn a lot of profit it is true and it is very effective. for this it is better to invest in Bitcoin by following DCA method.

I can't understand, 5 months ago you've posted and then you're saying that you've been into Bitcoin for 5 years? And with all the words, you keep on saying about "addicted". You probably are a heavy gambler and you're now transitioning into Bitcoin investing which is better on your situation. Well, I commend you if you've gained from investing in Bitcoin because not many gets into it and they try to look only at it as short term. If you're trying to trade Bitcoin, be careful because it's better to accumulate and hold than to trade.

This post of yours will really intrigue everyone especially those who want to invest in Bitcoin with small amount of money. You started your Bitcoin journey with $100, perhaps you adopted the DCA approach, which has grown your investment portfolio by a lot and you own a lot of dollars. The link to the post you shared was dated September 2023. From there, about seven months ago today, you made that post and started investing with your $100. It's impossible to start investing with $100 and grow to $1130 in seven months because the price of bitcoins has increased from there, but you will never go from $100 to $1130 unless you deposit your bitcoins regularly or every month. You may have deposited your bitcoins every month for which your investment has grown.

You invested your money in Bitcoin for which you got success but your friend chose the wrong path due to which he lost his money. So we all should consider the right path and then use our money there. If your friend had chosen to invest in Bitcoin instead of gambling, he might have been as successful as you. Bitcoin has changed many people's lives in my opinion. If you invest in Bitcoin and hold it for a long time, success is guaranteed.

You will barely hear any failure stories during the bull season in the market because almost everyone who bought before the bull run or the recovery process will be in profit by the time it reaches. The real challenge is to stick around during the bear market and have the same respect, feelings, and enthusiasm for buying and holding Bitcoin because most people's patience is tested during those times and only people with strong hands can stand still.  ;)

More than 50% of people (often newbies) who prays Bitcoin and cryptocurrencies during the bull run but have minimal knowledge about the market or cryptocurrencies tend to run away when the market starts crashing because they have never seen or heard that happening, and it's not easy seeing your portfolio lose value after every passing hour.  ;D

So sorry about your friend, gambling is a really big bane to everyone that's got a lot of money especially those that are making money in crypto, I hope that he does recovers and survives the trial that your friend has put themselves into and that eventually they'll be able to come back on their own feet, now that it's out of the way, I got to congratulate you OP for being able to survive and not getting tempted to sell when you could've sell those bitcoin and I'm really impressed that you've been doing a consistent investment into bitcoin and you're planning to do it even longer, if you ever stick to that plan, you're definitely going to amass huge profits eventually.

Bitcoin is profitable if we can invest in it, someone can be as well profitable with holding it if the market surges, one cannot trade unless he understand how to do such, there is risk involved with trading, but any trader that has learnt how to play and trade safe will not loose much on trades and with time he is going to have increasing asset over his trading fund with bitcoin.


Addiction in trading will result to being an expertise in it, unlike other addictions that are not profitable on us.

Your post sounds somebody to me, if am not getting you wrong, you know about bitcoin for the past 5 years, and you started trading bitcoin in the last 5 months? Or is there anything am not understanding, because you can’t be acquiring knowledge about bitcoin for the past five years, then you will tell me you are just starting to trade, so you have just been reading about bitcoin for so long without putting it in practice? Maybe am the one not understanding what the OP is saying.

Am sure just few people will be able to understand what you are trying to say here, but I don’t know how you got the $1130, from your post you said you bought and hold bitcoin, and you said you traded it slowly. If you have been holding $100 worth of bitcoin for the past 5 months, you won’t have gotten that amount of profit, and if you claim to be a trader, I don’t know the strategy which you used to accumulate that amount of profits. Seriously your post is fishy, and I can’t really trust all what you said.

Your point is not that clear OP, did you buy bitcoin with $100 and traded it to make the $1000+ in profits? Where you holding the profits you got from the trading as you have been trading all this years ? How were you able to keep this coins and still get to trade? Your point is very confusing but to see how much you’ve made from last year to now is very interesting and one will like to make use of your method if it’s not all risky as yours to make some money. Trading is risky and nothing is not worth risking if it deserves it.

If $1130 future changing money for you then I suggest you explore better employment options rather than wasting you're time here.

Yeah, it's really an impressive thing to do not to mention that OP's only trading for 5 months meaning that OP's able to make the most out of the stuff that he's done in that time span. I wouldn't say that OP's a genius though, maybe brilliant or smart because it's going to be more money if OP's a genius but with the rate that OP's doing with trading, I think that he's going to be getting more profit in the long-term. I'm the same as you when it comes to trading, I feel like it's a bit of a hassle for my daily schedule to do trading and so I always do what's most better for me and it seems that hodling and DCA works for me the best, less risk and with just a little patience, I'm able to reap huge profits.

If you invested five months ago, you may have made a lot of profit now, which I think is good, and you have a lot of talent. But you said to invest and hold did you invest and hold this money or did you trade. If you increase your money by trading, then I think you have much profit, and you know good analysis of many wises. Although your trading and investment holdings have given you a lot of profit, it is quite surprising, but if you are getting a lot of profit in this way then I think you are a good trader. No matter how big the profit boy is your talent, you must invest and never lose patience but hold on. If you gambled like your friend, then surely you can never wish your bright future to lose your money. And gambling can never give a man a good future, rather he will lose money and become an addict. So you must focus on investments that you can lose so invest otherwise if you invest more amount then there is a possibility of losing all the money.

I think that the OP either gained some much experience to profit so much in crypto trading within five months or he's just a lucky trader, but all the same I'm happy for him. Trading is hard and the trader needs to understand technical and fundamental analysis to minimize loses, while Bitcoin investment is easier, so far the investor is hodling on the long term. Bitcoin is no doubt one of the best investments that a person can go into, so far it's on the long term, all the person needs to do is buy and hodle till peak of bull run, make massive ROI, decide to sale or keep hodling, it's an asset that it's value will keep increasing in the long run.

If he is really good and can make huge money from the initial 100$ then he can also repeat it to make bigger profits, not every trader will lose and lose all the money they have. I find it surprising that people underestimate traders just because we don't know how to trade. There are many people who are good at trading and they consider it their main source of income but the truth is that not many people can do it. But OP's story doesn't seem to be a true story, I think he's just trying to make it up as some people have pointed out.

That's great but did you earn this 10x by trading alone or combination of trading and hodling because we have seen surge in price and at the same time to make it 10x there must be some explicit trading strategies of multiple trades. Would you shed some lights on the trading practices which you incorporated because it would help others as well as 10x is not an easy feat to achieve and it cannot be luck as well.

We are never pessimistic about Bitcoin because with Bitcoin anything can happen as long as we have Bitcoin.
Things that might be considered by pessimistic groups can be refuted by the history that we have experienced and even they can feel it.

For those of you who feel the benefits of the Bitcoin you have, I congratulate you.
You will get something of greater value if the number of Bitcoins you own is greater than the number of Bitcoins you currently hold.
Don't be disappointed when the price of Bitcoin decreases because its value will never decrease like the value of fiat currency.
The long term success is different from the short term.
People who already know the advantages of Bitcoin, for them Bitcoin is not an addiction but a necessity.

Luck works in the current state of crypto. We should always hope for luck because that's a special way to stay positive and continue striving. The best advice I've received since I started trading crypto was wait patiently and triggered good entries during the bear season, that's one of the major channels to stay ontop and earn winnings. We have tasks to accomplish in the main targets that have been placed out this season. Bitcoin is the project that drove me from poverty and I've been forever grateful.

Ehm, if only it were that easy. Talent is definitely important, but achieving success quickly usually involves a lot of hard work and maybe a bit of luck too.

By the way, could you try breaking up your long sentences a bit? Adding periods or commas where needed would improve readability.

It's impressive that your friend made a big profit in less than half a year. Because cryptocurrency trading brings high potential profits, it also comes with risks and requires a lot of experience.

In my opinion, when you have earned many times more money than you spent, then HOLD. Either way, HOLD is a simpler and less stressful investment strategy than trading. Regardless, the returns from holding will typically be lower and take longer to see results.

Exactly! That's the key to bitcoin success or to earn, slowly but surely. Many new investors are being inpatient in their investment in bitcoin and wanting to see a profit right away and expecting to earn a lot in their early investment, but that's the case there. Your OP is one example of efficiently earning in bitcoin just by holding it or trading some with slowly and surely. In trade, it doesn't matter how small or big your profit will be; the important thing is that you are earning and not losing money. But if you can't trade efficiently, then it's better to do holdings, which is safer and easier to do, but of course should be done with caution or with care.

Holding is the key for an investor to earn in bitcoin. It may take a long time or long term, but it doesn't matter as long as you can earn or you will have an assurance that you will earn, and it has been proven multiple times in bitcoin.

Can you provide some pictures to confirm what you are saying is true? It's not that I don't believe your story because making 10 times profit is not too difficult with a small amount of money because the psychology of trading and investing will be much more comfortable than investing and trading with large amount of money. But I wonder how someone who has been in the market for 5 years and has 5 years of experience can only start with a capital of only 100 USD? That's too small a capital to create any surprises even if you made a profit of 10 times that capital.

I want to know from you how you achieved so much success earning $1130 with just $100. I see so much success in such a short time but if you have really achieved so much then I think you are very lucky. If you are trading then do it very carefully as there is volatility in the market so you don't get lost in the volatility. I like to hold all the time if you hold then your portfolio will be better and grow. I held my bitcoins but I didn't have as much success as you. Anyway hope you move on. Finally I would like to tell you never participate in gambling with the help of your friend, if you participate in gambling you will lose everything very quickly because gambling is a very dangerous addiction and the lives of those who become addicted to it are completely destroyed.

Going from $10 to $1130 isn't incredible because 10 or 15x gains are common in Bitcoin trading.I wonder how someone who has been in the market for 5 years and has 5 years of experience can start with only $100 capital ? Agree with your statement. Because he has 5 years of trading experience and the mentality of starting with only $100, it really creates questions in the investor's mind. Even if you make a profit of 10 times that capital, that is too little capital to create any surprises i also think that .

You have made 11x more profit with just $100 in a very short period of time,  It's really amazing. You are very lucky to have traded to $1130 in a very short period of time. I basically never traded because of the maximum risk involved but the way you trade successfully is really incredible. If you want to be more successful in the future, you must be careful in trading or you may lose your money soon. But it's good that you don't involve your money in gambling like your friend. Anyway, I don't trade bitcoins but I hold bitcoins, I want to hold my bitcoins for a long time in the future and when the bull season starts after the front half, we will see more gains in bitcoins when bitcoins will rise in value.

Since Bitcoin halving in 2024, now is the perfect time to invest in Bitcoin. You'll notice that in past halvings the price of Bitcoin was much lower when it took place in April, and the price that herbing took place during that time immediately increased by three to four times that price as evidenced by the 2020 halving. Bitcoin price peaked in 2021 at 69K, but 2024 saw a record high without halving and holding so Bitcoin price touched 73K, the all-time high. Now basically Bitcoin will definitely have a high probability of 150k dollars in 2025. So I think Bitcoin is the best investment at present.

First of all congratulations you have made huge profits in a short period of time by investing in Bitcoin. Basically those who bought Bitcoin at the end of 2023 now those who sold Bitcoin have benefited greatly as the current Bitcoin market is very bullish. Keeping in mind that Bitcoin is risky, if we can go long term, we can definitely make huge profits by investing in Bitcoin. We always have to have a long term plan when it comes to Bitcoin investment. If we can invest with a long term plan without rushing too much then we can do something good with this investment. Patience is very important when it comes to Bitcoin investment. We have to be patient, check the market and check the plan. If we do this, we will definitely get success in investing.

Those who invest with a long-term plan are always more focused on holding their positions. Holders usually don't wait too long, they just invest at any time and plan long-term with that investment and try to hold it for a long time.  Investors invest in Bitcoin holding plans for long term but many times they are not able to hold their investment for long as it is not that easy to hold own investment for long time. Investors have to take on many challenges in holding their investments for a long period of time and only those who take up these challenges can ultimately hold their investments and see the face of success. I believe in long-term investment planning and I hold a substantial amount of my investments for a long period of time. Although initially it is very challenging to maintain one's investment for a long period of time, once an investor accepts this fact and invests, it becomes much easier for him to maintain the investment for a long period of time.

It's not surprising that people overwhelmingly support the first option in the poll. If you look at the chart of Bitcoin price, it's clearly growing over time. So Bitcoin is a fairly reliable investment into the future.
I'm happy that the op was able to accumulate some BTC as well as gain some profit, considering how Bitcoin grew over the last few months. But, like others, I feel like trading is riskier than holding.
I'm sorry for a friend with gambling addiction, that's an unfortunate condition that really makes it hard (as any addiction) to properly manage funds and invest.

What I wanna hear even from your first post last september is how or
what strategy are you doing here? I mean you keep telling story but sounds like
a Merit hunting thread , and you gain indeed in that first post but what in this now?
that is also what I am trying to ask because those 2 posts of him
only sounds like having something up.

One thing about dragon is that you have to understand the rules and the regulation of trading before you enter into trading or join trading some of us always make nothing interesting due to they have not learned to understand the rudement of trading when you understand their advantages and disadvantages of threading does nothing we make you not to make a profit but when you don't know the concept and you don't trading there is every possibility that both your capital and your profit will be vanish and what you expected you expected to join trading will not be achieved.. so threading is all about taking a precaution and they continuous learning of the loop holes of trading so if you don't understand how to man over the loops holes of trading you will be losing constantly until you make research very well of trading.

you don't need to do that him or her because making profit in Trading is achievable when you have understand the protocols of threading because trading is like a skill and if you're understanding will make you to lose in Trading so I believe that you have to believe him or her because so many people has made it through trading and they did not testify but if o p is making this post because of justification or praise for him or she to achieve such is left for op because if such amount of profit you can never share it with the op it is something that belonged, secondly it is hard before you see someone to say that it benefited from threading what I always hear concerning trading is I lost during trading so this is a good news to us and there is every possibility or tendency for such to happen.

the same is the advice I give people who is new into cryptocurrency and who is also new into bitcoin trading and the Bitcoin investment instead of you to join trading that you don't know the rudiment of it it is better for the person to accumulate it Bitcoin because holding a bitcoin for long time will it be better for you as a beginner than for you to join a trading that you don't know the procedures of trading, holding of a coin especially bitcoin for long time you will be more advantageous than trading because there's every possibility that on the process of holding your BTC the price might increase due to the current demand and you make profit towards that time that is why it is good for someone to accumulate Bitcoin hold it for long time.

Nice trades, holding cryptocurrency could really give you profit, but we should never ignore the risk on trading or investment.
I believe that Bitcoin or crypto could help us achieve a better life or be successful, we only need to understand or learn how to earn from it, trading is not for everyone it requires patients, knowledge and skills.

You are buying, holding, and at the same time trading that's why you x11 your money. Congratulations I guess because you're good enough to make profit in trading. TBH, Bitcoin's price already pumped up, and depending on the time you bought it, you already at least double or tripled your money. Nevertheless, buying Bitcoin and just holding it works every time, BUT only for those that has a long time horizon like those 20's, 30's or even 40's. Feel sorry for your friend that lost his money because of gambling. If only he did the same as you did after he earned a lot of money, he would've have more money than you are. :D

If there's one thing that I want to get addicted with, it's getting addicted to learning. ;) That for sure will lead you to a "GUARANTEED" success.

Yes those who are trading or holding Bitcoin since last 5 months are really lucky and have a very good experience.  Because for the last 5 months Bitcoin is just pumping. and Bitcoin has already crossed the previous ATH. But no one can say yet how much the price new ATH of Bitcoin will be. And because of this, many people are still trading bitcoin and holding a lot. and many people who are able to do good analysis are making huge profits from futures trading taking advantage of Bitcoin price corrections. but i will not advice someone to do future trading because it has high risk. i will just suggest to buy and hold long term and enjoy the advantage of bitcoin

You trade and get some profit there but it doesn't change my view on trading in the end.
Although in this case you should be applauded for being able to make a profit from the trading you do but the fact is that this cannot be done all the time and makes trading remain one of the riskier strategies compared to investing so such a view does not change forever because it still applies where investing is much better than trading.

You are currently profitable and you should try a more interesting situation than just continuing to trade although it is ultimately up to your own decision because you may already know the risks of trading but if possible the advice about investing over trading is worth considering.

In addition, what you said by trading does not match the thread title you gave because it does not make sense where the concept of buy and hold is more suitable for investment not trading.

The title of OP is very different from the body of the thread. I assume that OP was holding according to the title of thread. But the time frame mentioned by Op wouldn't increase his holding that much, maybe he traded at some points. But trading and making profits doesn't mean you have arrived. You need to show your results in a long term to be sure you are still winning.

It has given a lot of us a better life and that's not deniable. Those that have sticked to the market and held Bitcoin even if many have been bashing them, they never gave up holding it.

Some that have panicked that they're able to sold at a cheaper price. That still have given them good gains at that time and put into good use the money that they've earned from holding and selling Bitcoin.

But now is where the lessons are being applied. The longer you're holding bitcoin, the less worry that you'll get because this is how it goes when you've gained a lot of experience from the ups and downs of this highly volatile market.

I have a lot of respect to train and open with you and I will learn a lot from you because you are a new person and gain a lot from trading.

Everyone Buy Bitcoins Water the Future Nobody Gambles Don't Waste the Future

I think it's his friend that's addicted to gambling and they've both started in bitcoin at the same time, I think that's what I'm getting at in this post. If OP was able to make a decent profit out of the 100 USD that he has started off of, I think that OP is already careful about his investment, that kind of profit doesn't really scream recklessness so carelessness is definitely out of OP's mind and to you OP, I hope you're going to get more profit in the near future, no big losses may come to you and hopefully you'll enjoy your trading journey with even more profits.

Congrats on your earnings. So you have increased your capital more than tenfold , but the Bitcoin price had increased from 15K to 70K USD in the last 2 years(which is less than tenfold). I guess that you are actively trading altcoins or maybe you are doing something else.
You can't turn 100 USD into 1130 USD just by buying and HODLing BTC in the last 5 months. It's sad how some people fall victims to their own greed, right after they have made a decent amount of money. Some people think that a good day trader can be a good gambler as well. The people shouldn't gamble with money they cannot afford to lose. Anyway, 1130 USD doesn't seem like a big amount, but I guess that you live in a country where 1130 USD is a decent amount of money. I hope that you will manage to multiply those 1130 into 10K USD. ;D

congratulations mate , that is a good increase for 5 months  means you have earned more than 1000 dollars but sadly you did not add more capital to top it up so you might earn more on that for sure.


as long as we are dealing that addiction in terms of trading then you are in good place but if this is to gamble then that is different traits .

For me, trading or investing are both ways to make money in this market and each person will choose their own method of making money. I agree that holding is safer and easier but that doesn't mean we should stay away from trading altogether. Just because we can't make money trading, it doesn't mean others can't. In this case, if OP is capable and can make money from trading then there is no reason for him to stop. But when the amount has become larger, he should diversify instead of focusing entirely on trading as that will be quite risky.

My opinion is Bitcoin hasn't made a real ATH yet, I'm waiting for a higher breakout, that's not a thing yet

It is undeniable that trading and investing is one of the ways to make money and everyone must realise that it only depends on our alertness in doing research and knowing risk management well.

In addition, there is also no prohibition on anyone whether it is to invest or trade they are free to do so as long as they know that they can be there but in this case my emphasis on trading is a situation where the risk is much greater.

If you really want to be there then that's fine but we also need to just remind that when beginners to be in trading without really qualified knowledge then it is tantamount to suicide so there needs to be another consideration when there is a beginner and make trading as one of the paths they will choose unless they want to learn hard about what is related to trading.

Ok. Even if the OP stops real gambling and still doesn't have the actual knowledge about cryptocurrency investment he/she technically is still gambling.
Having said that, in this current market we're in a $100 investment in Bitcoin and will barely make a good profit unless the OP is doing the investment simultaneously using the DCA investment method

There's no doubt that people who trust bitcoins and bought them when the price was under $20k are now celebrating and also they are regretting not buying as much as they can when the price was lower. Right now those who didn't believe at all and even support those who claimed that bitcoins are done for, are even more suffering from regret because they took the wrong path instead of taking the risk of buying it while the price was affordable to them. But all those kinds of people are not too late, they can still move forward and take the risk right now or they might gonna find themselves regretting because they didn't buy when they can still afford to buy.

What I have noticed with most beginners nowadays, they're too adventurous. We are advising them the chill method of getting into Bitcoin and that's through buying and holding. But because of the various traders and investors success being shared on social medias, they want to be on the same success as them and that's why they're going on with a lot of memecoins instead of going traditional and safe method of investing with the approach that we're suggesting to them.

Yeah, any amount of gain is a sound investment for him and he just need to be consistent. We all want everybody to profit on investing in Bitcoin but we're also giving advises on how careful they should be and just like me, I am not a good English speaker and that's not my first language and a storyteller but sometimes, some confusing words that are in the story really gets me. Anyway, as we all understand everything that's been said, it's all about the same strategies that we do for Bitcoin.

It is good to hear that you are making profit in the bitcoin investment. Don't give you ND continue the journey. This is the sweet time in the investment period there will a time that the market will also enter the Bear market and at that time, things will not like this again and that is the challenging time and the best time to refund and refill your wallet if  you have money.

I don't.know which of the plan you following. Is it long term investment or short term investment and if it is long then you don't have to be excited and be creating thread foe people for k ow that you investing in bitcoin because you still have a long way to go.

I don't know what your target is but Bitcoin definitely made its new ATH and reached an all time high but that was in the first quarter of 2024. We would expect another all-time high for Bitcoin after the Bitcoin Halving. If this all-time high is not your hope, you wait and hold on to your investment. You will succeed in the next Bitcoin bull market and your hopes will be fulfilled. If you have invested then hold your investment and if necessary increase the investment using DCA method to increase the investment hope you will be successful.

The truth about gambling is that when you do it, consider the money gone. Just be realistic that there’s every tendency you’ll never get the money. I don’t see why he switched to gambling if the 5 months were really good for him. All he had to do was to just continue with whatever pattern that was making him money. Gambling is best done if you have a stable income source and you have control on how often you do it.

I don't know how true your story is, but if you truly used $100 to make $1130 in trading between the few months you mentioned, I will say you are a good and experienced trader because trading is not that easy to make this kind of profit in such a short period of time unless you are a genius. Trading is really risky.
 
If you advise people to invest in Bitcoin, like buying and holding for a long period of time, instead of wasting the money on gambling, it really is a very good suggestion. It will be better to have those funds invested in bitcoin than just wasting it on gambling, but I will suggest that people should involve themselves in trading, especially if they are newbies, unless someone has enough knowledge about trading. 

Trading is a great way to make money. Traditional buy-and-hold investors are fine, but trading offers real possibility. Dynamic, especially with bitcoin.

Risk? An essential for success. The biggest triumphs and best agreements need calibrated risk. Character is built in trading. Buy-and-hold is sensible, but not for bitcoin. Understanding its innovative nature requires accepting volatility and realizing the potential for high rewards.

Trading and investing are financial techniques. Trading is where you learn the market and how to surf the waves. Not just money, but skill and talent. Nothing beats the excitement of conquering the bitcoin market. Keep studying, improving your techniques, and dont dismiss trading's recklessness. Bitcoin is the future, and adopters will benefit greatly.

I can't call him good for that span since there are scenarios that some new trader can able to earn that due to luck. But if he can able to sustain to get profits and have good discipline on the trades he made and have good strategy applied on each trading decisions he drops then provably we can say that he's really good and absorbing all of those information's that can help him to become a good trader.

Also its generic advise to buy and hold but its hard to execute since there's a lot of temptation out there that can disturb the attention of people and can shift their decision towards their investment they made. But also at least they can read up some good suggestion so they can able to decide either to follow or ignore it. But at early stage of their career on bitcoin and other crypto they really need to experience first on how to trade so that they can learn a lot of things and that can help them to strengthen their beliefs that holding bitcoin is much better than spending it on other more riskier activities.

Some people would rather trade than do anything else, and I don't think there's anything wrong with that because in life you will do things and not make money, but when someone else makes money, they will make more money than you could have imagined. Even though I'm not very good at trading, those who are and will make money from it will continue to do so. However, a lot of traders are clueless about what to do with their profits once they have reached a point where they can purchase bitcoin with them. They will trade with their profits until they lose both the money they have and the profit.

As someone who is highly intelligent and skilled at trading, you should also have a plan. Trading is not something you do every time you make money; in every instance where you make money, you will eventually lose money. I haven't personally experienced this, but I have heard of others who have, so it's also a good idea to purchase bitcoin with your profit and hold onto it for a while. If trading doesn't work out, at least you will still have hope that you have something to hold onto for the future.

I still regret thinking about that day not long ago when Bitcoin was $24k. I had $800 worth of bitcoins and when Bitcoin hit $45K, out of necessity I sold $700. Fortunately, there were $100 worth of bitcoins left which is around $500 at this time. Now, every time I look at my wallet I feel sorry for my sold BTCs and I wish I had them too.

Overall, it's all about patience and having enough belief and also having enough funds in hand so that you don't need to sell your Bitcoin when you face an emergency like me. If none of this is the case, I would always advise people not to sell their BTC unnecessarily because Bitcoin is going to go up a lot, and we are just getting started, bull run is yet to come.

It's your fault, why don't you have money saved for emergencies and then when something happens to you, you have to reluctantly sell your bitcoins? Additionally, selling bitcoins to deal with emergencies is a good thing to do because if you don't have those bitcoins, what will you do to get through that situation? So don't regret too much about what happened. And yet, you still have plenty of time to accumulate the bitcoins you sold, why do you regret it?

It's inspiring to hear about your journey with Bitcoin, turning $100 into $1130 through buy and hold strategies. Your dedication and commitment to avoiding addictive behaviors like gambling are commendable, showcasing the potential for a bright future with Bitcoin and responsible trading.

It's difficult to control how you do your gambling habit is but I totally agree with you that the only way that you can do it is through discipline, no other way around it however I don't agree on the fact that it's best done when you've got a stable income because I do think that you don't need to suffer from it even when you do have the choice to gamble and not worry about the money, gambling is a pitfall that's difficult to get out of even if you've got the money to survive that pitfall, I'd say that gambling shouldn't be something that's considered an option when you have an excess money.

 I agree with your statement and I think you chose the right words to use concerning gambling but I think everything that have a disadvantage also have an advantage as well, i won't advise a poor person to go into gambling or see it as an option to earn a fortune, though some people have been very lucky to make a fortune through it, but it is very rare else the house won't be getting more edge than bettors, I think gambling should be for the wealthy ones who have extra cash to spare for fun and entertainment cause that's the best way to go about it, we all know that there is a lot of risk involved in it and the rate of loses from gamblers in a day should be greater than that of those who win but then no one should be happy losing money that is why it should be meant for rich people who have more than enough with different sources of income, not a poor man trying to survive. Instead of gambling for survival I will rather invest my money in Bitcoin I know they are  both risky if done out of ignorance but I could manage the risk that comes with Bitcoin due to it's volatility and i would not up losing everything compared to gambling.

You will not regret, you still have opportunities to invest. You didn't save money for an emergency, so maybe you had to sell the bitcoins. So many say invest what you can afford to lose. Bitcoin halving complete, everyone is waiting for the bull run. Bitcoin price is expected to go up a lot in the upcoming bullrun. For example, if bitcoin is 100-150k or more then you can regret more. So if you have enough money to invest then you should start investing again. You can start investing again in DCA method. But don't make the mistake this time, save money for emergencies so that you don't have to sell bitcoins for emergencies.

But and hold strategy is not as easy as we may think because the market can be very annoying going dip after one has a accumulated enough holdings. I have been seeing some people complaining of the market not going bullish immediately the halving was concluded. A lot of Patience is required for us to make money from the crypto market and we need to be prepared to see so many outbreak because it is never easy seeing your funds falling with being able to send them bullish again.

How is that the logical thing that's happening to them? You stop gambling but you don't have a knowledge or know squat about crypto investment that you're still gambling? OP is trading and even if there's losses here and there, the money would still be there. Make it make sense please, how can you stop gambling and jump to trading and then still consider it as gambling.

I would rather hold my Bitcoin instead of trading, I am not completely off from trading but I am an opportunist, if Bitcoin makes a new ATH and I have some money around that I am willing to lose, I can decide to short the market for some big gains, this doesn't make me a day trader, I trade only when the opportunity comes.

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I haven't sold any Bitcoin lately, because I believe that there is more room to grow in the future, even after I sold some lands to get Bitcoin year ago at $16,000 I am still up in great profits right now, there is no better strategy for Bitcoin investment than having the patience to hold, this is why your money, your hard earned money is the best to buy Bitcoin.

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Avoid using emergency money, savings money or loan money to invest i n Bitcoin, because you won't know how long it will take for Bitcoin to appreciate in value, and if you sell too soon you can regret your decision very soon, that is why using DCA is good if you want to buy some Bitcoin and hold.

To me, even if you are investing in bitcoin or stocks, if you just invest blindly following someone's advice and have no knowledge about it then you are still gambling, not an investment. It is true that gambling and investing are different but their boundaries are very thin.

If you invest with an empty head, you invest by relying on luck, that's not gambling, what do you call it? You can't hold bitcoin until it's profitable, you'll panic and sell off when Fud floods the market...If you can't handle your investment because you know nothing about it, then what do you call it if it's not gambling?

Well I would say it depends on your personal decision, you know sometimes the market is very hard to predict, we don't know what will happen in the future, I will advice you hold on to it for at least 2 to 3years I'm pretty sure that you can make enough profit within this couple of years, that's if there's increase in the value, then after selling it you can still reinvest and also use most of the income for other business that can bring profit.

Bitcoin Buy and Hold and that's a word of encouragement.

I assume OP has indeed determined its journey by trading short patterns with BTC and not long term. If you look at a glance, OP always has a lot of free time in controlling market movements where he has time to buy when prices are low and sell when prices rise at any time.

Each of them certainly has the characteristics of a profit-making pattern in BTC and what OP has done is very good, at least he has shown that making profits is not in addition to investing in the long term and that can also be done as long as you are patient and able.

Trading is different from investing. Trading involves much knowledge and patience to scale through, buying and hold is the best approach because it allows you keep accumulating, DCA careless of price movement. Making profits through trading isn't sustainable and I won't suggest it for anyone in such a high volatile market.


The best approach is investing in a long term, you careless about price movement then, and you keep accumulating more bitcoin, it is  valuable asset not just a tradable coin.

Good for you mate, but warning don't take this win as a guarantee that it would always be that way, home your skill more and you woudl give better testimonial than this soon.

I wonder how you managed to trade and also be a bitcoin holder, normally I don't advice such cause in a situation where you lost money or you need funds to trade you might be stuck in a situation of what you should prioritie between funds to allocate to buying and holding bitcoin and trading. I believe that there is a line between trading and investment and there are opposite pairs from each other.

It’s not just gambling, every form of investment needs you to have a stable income and here is why I say so. If you do not have a stable income, for something (an investment) which you don’t know its outcome (how successful or not) it will be, you should have a stable income so you can survive properly with or without it and not have to ever rely on it if anything happened. Having a stable income will also reduce the anxiousness that can come with investments.

Of course having a stable income is very important. Those of us who are earning from Bitcoin can plan to have a steady income so that we can cover our household expenses and invest what we earn from it. If we can live our lives with a stable income and invest what we earn from bitcoin forums then we don't have to look at our investment so easily and sell the investment at a loss. There are many people who live their lives depending on the money they earn from bitcoin forums. Imagine if that person can earn a stable income and use that income to support his life. can and can invest for the future so that investment does not have to be sold. Here I definitely support you because stable income is very important for a person.

If someone is using an emergency fund for Bitcoin investment then he will never enjoy this investment but will be a burden for him therefore you can only be satisfied with your investment if you use extra sum that you don't need for anything else and which is your own money means you have not taken for anyone for Bitcoin investment.

You will continue your investment if the amount is your own so you will not be worried about its return to the owner and also don't forget that success in Bitcoin investment needs time so if you are using an extra amount then no matter how long it takes you will be in patience and Bitcoin investment can be profitable only if you invest for longer time.

I feel like investing is something that requires a little bit of discipline because it is not easy to see the prices moving this crazily and invest based on that. I think it's clear that we are not going to get anything profitable if we react to market movements at all times, we should realize that we have to keep being stable and not react to things constantly.

What we could do right now would be just focusing on how to get better and better. I get that it is not going to be that easy, which is why we should try to avoid it all together. Just buy and hold like OP mentioned, and buy some more if you can and keep holding, if you do that constantly and keep accumulating more and more while holding and never selling then eventually you are going to have a lot of money.

"Bitcoin's 'buy and hold' strategy has become synonymous with long-term investors' success. By purchasing Bitcoin and holding onto it regardless of short-term market fluctuations, investors can benefit from its potential long-term growth. This approach requires patience, resilience, and a strong belief in Bitcoin's future prospects. Despite its volatility, many consider Bitcoin a store of value and a hedge against inflation, making it an attractive asset for those seeking to diversify their investment portfolios."

And when you also know that Bitcoin can be a good investment in the long term and can also be a store of value and a hedge against inflation. Don't forget to invest directly in Bitcoin in the long term because some people who haven't done that are people who don't know much about Bitcoin so they are still delaying investing in Bitcoin with a buy and hold strategy. You can also become a successful investor if you want to continue buying and holding Bitcoin in the long term and you can also tell other people who have started to believe in Bitcoin about things like this.

Using emergency funds to invest in Bitcoin is of course very wrong because we will not be able to carry out investments well and it is also very unlikely that we will be able to achieve the investment targets we make. investment and also we will be able to achieve the investment targets we make without having to worry about anything like people who invest using emergency funds.

To be able to achieve profits from investing in Bitcoin, of course this requires a process over a long period of time and in this case we must be patient because if we cannot wait for a long period of time to be able to gain profits from investing in Bitcoin.

Your choice is right in this case to choose this asset to invest in. Yes, sometimes we cannot predict our future lives or disasters. Which forces us to sell the asset. You don't need to regret what has happened in your life, you just need to improve yourself and take advantage of the experiences that have happened to you. It's never too late to accumulate bitcoin, we definitely know that in the future bitcoin will be much more expensive than today.

 Been on the right track matters, the advice is good to adhere, BTC has changed life and is contagiously changing buying and holding can do the magic, following the statistics of those who started the strategy of buying and holding even when the price of BTC is not upto what it's today has show that holding is not a waste, if time permits as one day you will realize it's a right decision you have made as the holding will change your life.

Interesting perspective! I'm curious about the specific statistics you mentioned regarding buying and holding BTC over time. Do you have any insights into how this strategy has evolved and what factors contribute to its success?

That's a nice one, but you need to be pretty careful with the market my friend, the market is very volatile and can take any turn at any time. One can never predict the market 100% so you need to be always prepared because an effective strategy today that gives you lots of profits could prove to be ineffective tomorrow due to how volatile and risky the market is.
It's good you've learnt a lot in the past few months and I'll urge you to keep learning more about the market so to improve and readjust your technique if necessary because the market is everywhere changing and evolving and so are your technique ls and approach meant to.