You only need 1 good year for Bitcoin to be a good investment

[NewRanger]

I see a lot of responses from people saying, "yes, but but... you were lucky to invest early" and what not. It is not about luck, but rather about timing and patience. You have to remember that a lot of this negativity was around when I also bought for the first time. I decided to ignore that negativity and to push ahead.

You have two choices now, because you are in the same situation that I was in, back then.

1. Listen to the negativity and sell your coins. <Early exit>
2. Ignore the negativity and buy low and hoard those coins.

It is up to you, make your choice. 

your first choice good for people that not believe in crypto market, especially bitcoin price in a year. that better for them , then making fud to other people and its very disturbing.

[Zenixin]

I see a lot of responses from people saying, "yes, but but... you were lucky to invest early" and what not. It is not about luck, but rather about timing and patience. You have to remember that a lot of this negativity was around when I also bought for the first time. I decided to ignore that negativity and to push ahead.

You have two choices now, because you are in the same situation that I was in, back then.

1. Listen to the negativity and sell your coins. <Early exit>
2. Ignore the negativity and buy low and hoard those coins.

It is up to you, make your choice. 

your first choice good for people that not believe in crypto market, especially bitcoin price in a year. that better for them , then making fud to other people and its very disturbing.

Do at your own risk, we don't need to listen to anyone, we have all minds that can help us to do research and decide on when to buy and when to release it.

[Reid]

They might have the wrong idea when it comes to investing or someome might have told them wrong details.

Too much impatience have been spread. I can really see what their problem are.
They check in minutes and not by weeks, months or years.
Cmon, it is an investment. It should take some time and if you want a faster profit then go gambling.

Hate to say it but that is the truth now even with ICO's.

[torch2121]

Yes totally agree with you 1 whole year and a massive income return for Bitcoin. It is much easier to sell  compare to real estate property investment. I believe in Bitcoin so no doubt about it as I invest now I will profit by the end of the year. No matter what happen in the coming months, if it dips. Who cares, what I'm waiting is the end of the year. Where all of us are winner.

[umar22pk]

You are right it is possible that we can take a good return in a year but how we can say the next year would be like 2017 & it is also possible that 2018 is more better than 2017.

Bubbling will direct effect on the price of Bitcoin so we can aspect Bitcoin popularity increasing every day so it will make Bitcoin on a high value.

[eaLiTy]

But you know then there was good news from the Japan country but this year there seems to me war between the crypto currencies and the regulations. This year it does seem to be impossible year to at such heights.

One thing you forget here is that, there is no change in the regulation they have implemented in Japan and the emergence of bitcoin future markets as well as the hard fork, all these things took the price to an all time high, but one thing i can tell is that the future market is the reason for the crash in my opinion and hopefully we will see a change in that trend in the future.

I can understand that, but based on my previous experience with Bitcoin, you only need 1 good year to make Bitcoin your most profitable investment of all times.

I do accept the fact that one good rally could take the market to another all time high, but it does take some time, even if you look at historical price after every rally there is a burn out period which could take up to a year and then the next rally begins and i do expect the same this time too.

[Dudeperfect]

I believe that Bitcoin will perform very well in the long run but till then we have to go through some unexpected ups and downs. Things are in the development phase and as a user base, we are not matured enough to deal with fluctuations on a mass level. Doing own research about market and asset class is recommended to anyone who is willing to invest in the crypto market. No one knows what is going to happen down the road and hence investor should take his own responsibility.

[Tyrantt]

I believe that Bitcoin will perform very well in the long run but till then we have to go through some unexpected ups and downs. Things are in the development phase and as a user base, we are not matured enough to deal with fluctuations on a mass level. Doing own research about market and asset class is recommended to anyone who is willing to invest in the crypto market. No one knows what is going to happen down the road and hence investor should take his own responsibility.

After all, as you've said, the bitcoin audience isn't big enough but there are quite some huge investors (big companies, big names). And just with them, bitcoin just might become something  that's the essential part for every bigger investor, may also make it's way into wallstreet as something regular. 

[Caelanpelley]

Bitcoin needs to be more stable to attract more players. I need this bitcoin stable this year so that my investments are profitable. My confidence in the bitcoin is huge.

[djsugar]

I have seen a lot of posts lately, where people are complaining about the price. I can understand that, but based on my previous experience with Bitcoin, you only need 1 good year to make Bitcoin your most profitable investment of all times.

Let's take 2017 for example. I made more or less 700% profit on the bitcoins I bought in January and sold in December 2017. Now I am not financial expert, but I seldom see any investment opportunity where you get anything more than 30% profit within a year.

So, let's put this into perspective for the people who are constantly complaining about the price. If you were used to low interest rates or even if you were lucky enough to invest in something where you received 30% profit, ONE good year like 2017 will cover the interest and profit you would need for the next 20 years. <700% divided by the max 30%>

On top of this, you still get interest on the fiat money that you deposited into the Bank, after you sold those bitcoins.

Stop complaining and wait for your good year. 

  

Why just mention BTC and not ETH. I think ETH increased more in terms of percentage compared to Bitcoin. I am sure if you were holding ETH equivalent to BTC, you would have made more money than you made using BTCs.

Almost every coin is a good investment guys, you just need to know when to cash out. One must not panic during the dumps and should take advantage of every pump cycle.

[btc_angela]

I have seen a lot of posts lately, where people are complaining about the price. I can understand that, but based on my previous experience with Bitcoin, you only need 1 good year to make Bitcoin your most profitable investment of all times.

Let's take 2017 for example. I made more or less 700% profit on the bitcoins I bought in January and sold in December 2017. Now I am not financial expert, but I seldom see any investment opportunity where you get anything more than 30% profit within a year.

So, let's put this into perspective for the people who are constantly complaining about the price. If you were used to low interest rates or even if you were lucky enough to invest in something where you received 30% profit, ONE good year like 2017 will cover the interest and profit you would need for the next 20 years. <700% divided by the max 30%>

On top of this, you still get interest on the fiat money that you deposited into the Bank, after you sold those bitcoins.

Stop complaining and wait for your good year. 

  

100% agree because I was lucky enough to get in bitcoin early last year when the price is below $1K and profited more than my other investment in just a year. Although last year was different, and no one thought that we can raise and go as high as $19K and if you investment early 2017, but December that time you should be enjoying a good returns. But I don't know when we are going to see another 'good year' because currently we are still down. If bitcoin can replicate what route it did take last year then this theory of yours will hold true.  

[Nahl]

this is makes sense that the value of bitcoin has been increase year by year and i think OP said is true that with 1 year hold you will get good profit rather than trade it but unfortunately some of people does not have much patience to hold for 1 year or more even people are more likely to sold their bitcoin if the price suddently increase because they thought don't have to wait for long time

[Slow death]

I have seen a lot of posts lately, where people are complaining about the price. I can understand that, but based on my previous experience with Bitcoin, you only need 1 good year to make Bitcoin your most profitable investment of all times.

Some people know this, the big problem here is that a lot of people bought it in December when the price was over $17000 and today they are with losses, but they have the option to hold until the price will recover and this they do not think , the desperation to see the price fall and fall to $6000 causes many people to sell because this people believe that the price is falling to 0$.

this is makes sense that the value of bitcoin has been increase year by year and i think OP said is true that with 1 year hold you will get good profit rather than trade it but unfortunately some of people does not have much patience to hold for 1 year or more even people are more likely to sold their bitcoin if the price suddently increase because they thought don't have to wait for long time

The problem is when you buy at ATH

[nebuch]

Honestly I love reading your writings. It is all about your experienced lesson learned. This is a matter of perseverance despite of needs. Consistent to hold in spite of vital needs that somehow struck the ways of bitcoin holders. I see that it is all about the virtue of patient. While I'm waiting I wait on you bitcoin increase for profit. I think this is what btc holders should do specially those new holders of bitcoin and maybe altcoins too for bitcoin will rise then majority of altcoins will follow.

[bakekang]

For me bitcoin is a long term investmest. Well iF you invest it only a year you will only gain a little profit unless its value will contineu increasing after a day passes by.  Well everybody have different perceptions towards bitcoin, and every have different choices and decisionshow long they will invest in bitcoin.

[fullhdpixel]

This is a great fact, the people who complained is the people that late enter the market, or the one that is too greedy and enter at peak price, if they can control themselves and research the market situation I believe the lost won't be too much, and I agree that we only need one great moment to make tons of profit, from July to December 2017, it is very easy to make profit, I think most of the people average profit is more than 100%

We all know this thing that bitcoin has proved itself to be the best investment in the entire world and that there are so many people who made a huge amount of money and are still busy in making more money just because of trusting bitcoin and doing the things in the right way.

You need to spend more time into it as this will help you in understanding the things in better way and that it will make you more learned and experienced person.

[Moiyah]

If my memory was right, last December 2017, bitcoin reached it's high peak and  that is a good news in anyone who just waited that long. Around 90% increased in price and I doubt if this year will repeat the history. You are lucky enough 2017 is your year. I can be positive and I will consider this 2018 as my year, too. Lol

[xhoondilan]

Everyone really hopes that to happen again thats why most of them still buy and invest on bitcoin. What I see is different if the price will go up again I think government will try to control it in now since, most of the country that accept bitcoin start to impose regulatory on it.

That's why if you want to buy, invest and enter the world of cryptocurrency. Know first the risk. If you can accept the risk then you are welcome in this world.

[okissabam]

I agree and this has been proven and tested a lot of times. That maybe one of the reasons why some people in this forum usually advice newbies to buy Bitcoin at a low price or when it is dumping and just hold on to it for a good year and for sure you'll gain profits just by holding the coin for a year. It has greater than putting your money in a savings account in the bank.

[wildflower18]

December 2017, bitcoin reached it's high peak and that is a good news in anyone who just waited that long. Around 900% increased in price and I doubt if rhis year will repeat the history. You are lucky enough 2017 is your year. I can be positive and I will consider this 2018 as my year, too. Lol

You know it is very possible that this year might hit the peak price. Exactly those users who waited patiently and hold bitcoin and sell when it's hitted the ath price were very lucky indeed. Patient actually is a good decisions by that we can acquire of a good gains.