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

[Kakmakr]

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. 

  

[olubams]

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. 

  

Lol, as factual as this sound, its still does not take away the "unknown" it was when 2017 went by that you knew it was your year. You would have started with the mind of doubt and even if you are sure of increase there is no way you had that percentage increase in mind. Everyone complaining too wanted every time they invested to be their time but when its not happening rather than wait, they report to complaining. Its normal in all human endeavors.

[Kakmakr]

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. 

  

Lol, as factual as this sound, its still does not take away the "unknown" it was when 2017 went by that you knew it was your year. You would have started with the mind of doubt and even if you are sure of increase there is no way you had that percentage increase in mind. Everyone complaining too wanted every time they invested to be their time but when its not happening rather than wait, they report to complaining. Its normal in all human endeavors.

Yes, but how will the complaining help? I am not pissing on their parade here, I am just saying that 1 year can change the whole game for them. I first bought bitcoins when the price was more or less $400. I had to go through a lot of dumps, before it went to the ATH of $19,000. We had no idea that it would go to $19,000 ..so we just sat back and hoarded until it happened.

In todays world, people are used to instant gratification and Bitcoin is not a McDonald's Drive-thru service investment. You buy, when the price is low and then you hoard. <Long-term>

Strong hands are needed for the big reward at the end. ^smile^

[chris200x9]

There is no guaranty that you will see another one year with the same kind of profit (you made in 2017). If any such assurance was there then by now all big institutions might have purchased all bitcoins and wait for that good year to come.

All those past history is only for reference so don't invest your money based on that history. It may even do better than 2017 in future but when it happens is the question mark? and people are worried about that because many of the people who are asking questions may be new investors who might have bought coins at peak time.

[ClackKendi]

Different investment periods in different projects, maybe only 1 month, 1 year or less or longer depending on the attractiveness of the projects and the investment needs of the investors that it varies. It is not a 1 year project

[Qahay]

I guess last year was the only time you could make that much money. Tell me, what's your profit this year?

[fiulpro]

Well yeah that's true for the previous year but we cannot always be sure about what's gonna happen this year thus it's completely different senario.

We can be only sure of one thing here that is ' we cannot be sure of anything in crypto world ' it's pretty hard to use the same old equations.

[wantjokull]

Thats a good judgment over the bitcoin and hw you can profit if you are in luck of having one. I mean no matter what we say about 2017 but that was just luckiest year to the crypto holders but not for those who were the panic sellers. I am sure that people are worried all the time because they think that this year if something wrong happened with the bitcoin then what they will do? What if bitcoin just stayed where it is today and much more thoughts like that always come in the mind of everyone. Its natural according to me and they can stop thinking that way. Just because in 2017 BTC went ATH then it doesnt mean it will do the same this year. As it is already high enough and it will need more investors than previous one to make it work.

[ylnar123]

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. 

  

A good investment is always the long term and knowing Bitcoin has this kind of identity then I will consider holding my stock even a year as long as I can see my investment grow. Even with 30% of an increase in far more greater than a traditional investment we have with Fiat currency. So for those who are complaining for the drop, why not enjoy it and buy as much as you can afford and wait for it in a year.

[lienfaye]

You have a point but not everyone are patient enough to wait for a year before calculating their gains in a particular investment. Usually they want to see the result in span of weeks or few months, that's why seeing the price in dips is really a pain for them especially to newbies and weak investors.

Imo its really working, as a long term hodler its way profitable rather than hodling for short term. Yes we cant guarantee if what happened before were the same for the coming years but I prefer to take a risk than doing nothing.

[andriarto]

Thats a good judgment over the bitcoin and hw you can profit if you are in luck of having one. I mean no matter what we say about 2017 but that was just luckiest year to the crypto holders but not for those who were the panic sellers. I am sure that people are worried all the time because they think that this year if something wrong happened with the bitcoin then what they will do? What if bitcoin just stayed where it is today and much more thoughts like that always come in the mind of everyone. Its natural according to me and they can stop thinking that way. Just because in 2017 BTC went ATH then it doesnt mean it will do the same this year. As it is already high enough and it will need more investors than previous one to make it work.

although we know that bitcoin will rise again, but when that rise is not everyone knows. for that hope to remain in give patience to be able to hold up desired price, because panic sell will only make us lose. and certainly we should update the latest news because it affects for psychological investors

[greeklogos]

Not everyone so organized like you are. Many people have not enough patience to set concrete targets for their investments, that's why they complain, cause they loose possible profit which they could have with correct investment plan. You've done really well and I am trying to do the same, for now my target is 20k$, that time I will withdraw a half of my founds and the profit is going to be huge.

[Nuex]

Wow, I really agree with what you think about bitcoin I think there are a lot of people in the forum complaining about the price but I'm sure in a few months the price of bitcoin will increase and can make us have a profit, because my experience and you are almost the same , just wait for the time for the other account you all will definitely benefit in bitcoin, the spirit 

[jakagintiri]

Indeed no one complains today thanks to the positive bitcoin trend that is currently able to restore their confidence in bitcoin price growth by the end of the year, requires patience to make a profit, everyone has his own luck when it's time.

[Tynovten_]

Do you see the situation these few months after people complained the very low decrease. This is one of the answer that waiting for a year is might giving the result like you said. You just being lucky person. You just being people that lucky to get much profit. Last year.

[rowel21]

can we predict when that good year comes   if that was so predictable I think I'm billionaire right now investing in btc is taking some guts and it a risk just like making fund for a business and hoping that it will become success  making a profit with it its not that easy as you say

[ju5510993]

With the development of block chain technology, more and more people will hold BTC!

If you buy BTC now and keep it until the end of this year, the value of BTC could rise to 3-4 times. Many people predict that BTC will rise to more than $25,000 by the end of this year!

[daarul50]

Since the fantastic price pumping that occurred in December 2017 has always been a benchmark that every year bitcoin will always be profitable. I do not want to be like that and tend to be more realistic when I see price movements and news emerging. Since its inception, bitcoin every year is always increasing but I think the experience of price movement can not be a benchmark in the future because although we still have to use analysis to do speculation on bitcoin price. Waiting for it, but do not wait until you uncertain things, better learn is to read and analyze the price chart in order to take advantage of the fluctuations that occur to gain profit, although not as much when the pumping occurred at the end of last year.

[Hui8]

But isn't thats too difficult to come by. I mean each year bitcoin is having different faces and no one can predict what will happen this year too. These are the some questions that does affect one's mentality to trust bitcoin in full confidence. I mean just look at you, you invested in January month and in the same year bitcoin went up by more than 500 times upwards. 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.

[Jonsnowstark]

Well we can never really know if this year is a good one or not. I think most people see 2017 a good year since most of us profited from the bitcoin price of upto $20,000. But in january when you bought, did you really think ypu will get the returns as much as you did. You mean to say leave it all to chance or luck, but really its not all about that. You still need a drive to make you buy and then of course money and then you need patience to keep your coins despite the dive in prices and then hope that someday your coins will increase in value. And if it already increased, you need to stop being greedy and to what point woiluld ve your basis for selling? There are so many things to consider to get the returns you so desire, but who knows when and how?