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Author Topic: Bitcoin gives me a positive financial impact  (Read 216 times)
TelolettOm
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February 04, 2022, 09:22:00 PM
 #21

I appreciate how you manage the funds of trading Bitcoin even you are new.
Yes, some people are also experiencing to ta earn profits during 2021 or even during these days.
At least if we can utilize every rise and drop of the Bitcoin price, not being too greedy, and also has our own target to buy and sell, we can exactly get the profits. ENough even it is not as big as yours.
But sometimes, I also lost my chance to sell the Bitcoin at a higher price because the price has dropped. However, Bitcoin is special, just keeps holding and I believe that the price will keep increasing again. And for me, this is still good if I am waiting for the next target price to sell my BTC to get profits. (Btw I am not  a long term investor)

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BIT-BENDER
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February 04, 2022, 09:30:59 PM
 #22

I have been actively trading since early 2021. I was introduced by a friend "bounty hunter" about bitcoin and I was interested in knowing many things including how it works, trading and invest.

I admit that the first cryptocurrency I bought was bitcoin. I bought it 50% of the capital I had and sold it at the peak of ATH April. Subsequently I managed to buy bitcoin 80% of the total previous profit on the decline and resell them in November. During the 2021 ATH cycle I managed to make a total profit of $12,000 with bitcoin. It actually changed a few percent of my financial condition during the pandemic.

If I can make a profit in 2021, will you experience it too?
Positive story mate, congratulations on that, but this isn't a financial advice should be added to your post, many newbies are mislead by profits stories maybe not with Bitcoin, but other Crypto-currency, but still they don't do their research all because one person says they have made gains from it, 2021 was a good year for Bitcoin and crypto-currency at large and I am not surprised by stories like this.
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February 04, 2022, 11:31:07 PM
 #23

That's true, Bitcoin has changed the finances of many people who manage it well. It's a good experience where you can manage it well and get the benefit from it. If indeed this is the first experience where you can get the profit from it then continue the strategy that you have because in the future we don't know what will happen so it all depends on the strategy and also the skills you have. People who can manage Bitcoin well will also get the benefit from it because we know that the price of Bitcoin will increase even though sometimes the price goes up and down in the market. Our patience will pay off in waiting for the price of Bitcoin to rise again so be patient with it.
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February 05, 2022, 03:38:56 AM
 #24

I don't know why it's sound like a fake story to me Huh I've seen so many people still deficit even he's already learn trading for 2 years, while you're trading for few months only but can know the peak on November last year. Most of people only made profit with the previous ATH (before November 2021), after they got profit and start accumulating again in order to hold until the new peak, they're mistakenly guessing the peak isn't on November because most people thought it will reach $100K.

But yeah, congratulations if the story is real... you're so lucky on previous year.
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February 05, 2022, 04:07:25 AM
 #25

I have been actively trading since early 2021. I was introduced by a friend "bounty hunter" about bitcoin and I was interested in knowing many things including how it works, trading and invest.

I admit that the first cryptocurrency I bought was bitcoin. I bought it 50% of the capital I had and sold it at the peak of ATH April. Subsequently I managed to buy bitcoin 80% of the total previous profit on the decline and resell them in November. During the 2021 ATH cycle I managed to make a total profit of $12,000 with bitcoin. It actually changed a few percent of my financial condition during the pandemic.

If I can make a profit in 2021, will you experience it too?
You are the only one who can make a profit in 2021 because many people have so many coins before the market can perform well in the last 2021.
As a new person in crypto, you did a great by making a total profit of $12,000 because it is rare to see a new person make a big profit.
It needs time before they can make a big profit, so you are one of the luckiest people who make a lot of money.
If we can still focus, we can make another big profit but the key is to have more patience, analyze the coins, and enter the market at the right time.

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Hypnosis00
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February 05, 2022, 08:44:26 AM
 #26

I don't know why it's sound like a fake story to me Huh I've seen so many people still deficit even he's already learn trading for 2 years, while you're trading for few months only but can know the peak on November last year. Most of people only made profit with the previous ATH (before November 2021), after they got profit and start accumulating again in order to hold until the new peak, they're mistakenly guessing the peak isn't on November because most people thought it will reach $100K.

But yeah, congratulations if the story is real... you're so lucky on previous year.
Maybe those people you've been asking are not good traders as they are often to raise complaints and sometimes denied that they were in profit.
Even with a simple analogy, there is no reason to stay as a trader for 2 years if they were not in profit. But, they continue doing this because they are really in massive gain, they just want to hide it and make themselves a pity to look at.

if that happens to OP and makes a profit for just a few months that is also possible to other people.
But yeah, not all are gifted and have great skills in trading, and some got lucky as well. That is why we can't expect that these traders have the same story as probably different.
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February 05, 2022, 10:10:24 AM
 #27

What gave you a positive financial impact was not the Bitcoin, it was playing roulette with the Bitcoin and having it work out well for you. That could have happened with Bitcoin or many other things.
It's indeed, "playing roulette" I had a good laugh at that expression of yours. OP, was lucky to have made away with it in 2021 because it was a bull year but may not be that lucky in a bear season. Almost everyone who traded in Bitcoin in 2021 have a nice story to tell except those who bought at ATH or close to it.

I prefer not to play too much with the best element we have to store and transfer value, and instead I prefer to continue accumulating little by little (although from time to time I spend small amounts, but I always keep increasing the total of my Bitcoin holdings).
What gives an asset its value in price isn't the refusal of those who hodl it not to sell at all but their refusal to sell cheap. If everyone hodls their Bitcoin perpetually without any consideration to sell at all, Bitcoin will only be stagnated without value. So, the activities of sellers should be well appreciated too.

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February 05, 2022, 02:42:24 PM
 #28

That's true, Bitcoin has changed the finances of many people who manage it well.
That actually a sad reality and many did not make it right. They lose, eventually.

Quote
Our patience will pay off in waiting for the price of Bitcoin to rise again so be patient with it.
That obvious that patience is always the key here to make a profit and those who can't give it make their way easy to lose their money.

I could really say that Bitcoin had given something huge to me and helped my financial stability and that I was so thankful for knowing this. And what happened to OP was probably happening to other people as well. It is indeed undeniable that Bitcoin made our life even better, that was the fact.

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February 05, 2022, 03:00:57 PM
 #29

I can't guarantee you the assurance that you can make Profit continuously in bitcoin because you made huge profit last year 2021, Bitcoin is like circle and also can be described like spherical Earth which doesn't have a statistics equilibrium balance, so what i mean in essence is that Bitcoin don't fixed regulations or rotation in it's price, because their is every tendency that Bitcoin can work again of values this year, and their is every tendency that price can be elevated due to the gravitation of it's demand and supply in cryptocurrency market sphere.

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February 05, 2022, 03:16:38 PM
 #30

First of all, I will like to congratulate you for listening to your friend and also taking your time to do some research about Bitcoin before you ape on it because most newbies usually dive in without proper understanding and knowledge.
Meanwhile, I want you to know that you making a profit through trading doesn't mean every crypto traders make during the ATH price.

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