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

[lablab03]

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.

perhaps you have your own strategy but this advice is not just for you its for everyone  'cause sharing knowledge is a good idea to help someone who needs some advices especially weak hands investors which is lack of of knowledge,  so if you don't want some advice then stay away from this thread,  regards

[Kim Ji Won]

In any case, people who complain all the time about their investments and price of cryptocurrencies here in the forum, feels like that is just their way of letting off some steam. We also can't be sure if a specific year is the best one for us and not all investors/trader keeps track of their loss and gain in cryptocurrencies so we always want to have a better year everytime.

[Sir Cross]

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.

It doesn’t have to be stable for you to profit. It’s still possible for you to profit even if it’s volatile. Also, investors will still come in despite experiencing this volatility. Just last December when the price went up, many ivestors suddenly bought btc just because the price was high, even while the price wasn’t stable back then. Many other factors will allow us to profit and to attract investors other than the stability of the price.

[carlisle1]

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.

whay a bright point,you made me think then Mate since your certainly perfect when you say that if the trend of 2017 will surely happen,all institutions and investors will buy all the bitcoin now for a huge profit at the end of the year,now im having second thought about my opinions in every matters..

[YzzyGo]

Most people are just too impatient either due to desperate need of funds or they are just raised that way. They wanted to see money pouring in almost every week. This is also the cause of their depression when it did not meet their expectations at the soonest possible time.

[SixOfFive]

Yes, one good year like 2017 can make the Bitcoin a profitable investment. A year like 2017 can definitely give you the profit of next 10 years. But the point is when that year will come or whether it will come or not. This thing is causing suspicion in the minds of investors. But yes, we can do nothing but wait for the prices to rise.

[Baoo]

Absolutely yes, I agree with the OP , many are afraid and complain because of the multiple problems that led to a huge fall in the value of Bitcoin and digital currencies in general, but this is something that is common to many people and It is difficult that this issue will disappear from them. Therefore, we must  accept any new situation and  even if it is bad, and must expect everything and deal with any event.

In addition to that, in the era of bitcoin, we must learn that patience is always the key of  unexpected (huge)  profit. But the problem is that the majority of people are impatient and always want a big gain in a short period, they do not always succeed in this field. Moreover, it is true that one good year is  enough for an acceptable profit. but there are always unexpected surprises or events, so it is essential that  you must have a futuristic vision.

[Silberman]

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. 

  

Your analysis is spot on but the problem are not the profits that bitcoin can give, the problem is the mentality of those that bought bitcoin in the first place, they thought bitcoin will go up forever, they also thought that it was impossible for them to lose money and now that both of those things have happened they are unable to deal with the situation and so they complain all the time.

[Pansamantala]

Maybe. In my opinion though it depends sometimes it gets more than just 1 year. Bitcoin investment is something we can say exactly it is all just theories and speculations. You need to be patient with it though because it takes a lot of time, just make sure you monitor the rate of bitcoin because any time soon it can go up or it can go down. Just don't give in to selling it just because the price went down big time. Right now the value of bitcoin is $8k let's see the following years on what will be the outcome of this price drop.

[Harrisonimo]

Exactly my point too! It is about having the Bitcoin or an altcoin when the bullish run starts, then you make your profit smiling! A lot complain because of impatience and selling off easily and are no where to be found when the market starts appreciating. So, this year's goodness is yet to start and it will take the persistent ones to make the profits as they HODL.

[magneto]

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.  

  

That is true. However, you should not be expecting that kind of profits on a regular basis.

There could be no pumps to the magnitude of last year's bull market rallies for years to come, and it's hard to time your investments. It's definitely not always as simple as investing in a good year and getting the profits, because you could have invested at the previous all time high and barely come out with a profit when you sell at the next bull market.

I do believe, however, that bitcoin is in a long term up trend which means that if you buy in a bear market right now and hold for the long run it is almost guaranteed that you'll make a profit. A good investment just needs to outpace inflation, and with the amount of potential new adopters in the coming years, I can see BTC easily outpacing inflation growth.

BTW, putting your money inside a bank as a long term investment just doesn't work at all. I wouldn't recommend that.

[marcuslong]

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.  

  

Your analysis is spot on but the problem are not the profits that bitcoin can give, the problem is the mentality of those that bought bitcoin in the first place, they thought bitcoin will go up forever, they also thought that it was impossible for them to lose money and now that both of those things have happened they are unable to deal with the situation and so they complain all the time.

The reasons of this complains was due to people's desire after the price hits $19k to $20k last year. But it became more even worst, because of those traders pulling out of their assets who feared of massive price crash after that speculated bubble price. Certainly a bad thing happened to new investors, and some of them nowadays were just observing the current progress of the price that struggles to pump higher again. One year is a good timeline for that bitcoin investments, so those who patienly wait for the price to strike over I must say everything is worth valueable. No regrets but a blessing in the coming few days or even months this year.

[redcucumber]

I think a year like 2017 can also happen again but not always it will not become healthy for bitcoins growth, it can grow slowly and steady people are really scared on what is happening in the market when bitcoins correct but an aggressive market like in the 2017 can also happen again because people don't want to get left behind also they want to join the flow in the market is pointing high regardless of the risk they can become fearless but again they must be ready when the market correct as much as it grows it will also bounce low.

[Finestream]

I think a year like 2017 can also happen again but not always it will not become healthy for bitcoins growth, it can grow slowly and steady people are really scared on what is happening in the market when bitcoins correct but an aggressive market like in the 2017 can also happen again because people don't want to get left behind also they want to join the flow in the market is pointing high regardless of the risk they can become fearless but again they must be ready when the market correct as much as it grows it will also bounce low.

I believe there is still really a big chance that history will repeat at the end of this year but it's not really rest assured.Hopefully we will pray for another pump and reach  new heights again but since the market right now is slowly moving upward,we cannot predict exactly when will it happen.

[BlockEye]

I think a year like 2017 can also happen again but not always it will not become healthy for bitcoins growth, it can grow slowly and steady people are really scared on what is happening in the market when bitcoins correct but an aggressive market like in the 2017 can also happen again because people don't want to get left behind also they want to join the flow in the market is pointing high regardless of the risk they can become fearless but again they must be ready when the market correct as much as it grows it will also bounce low.

I believe there is still really a big chance that history will repeat at the end of this year but it's not really rest assured.Hopefully we will pray for another pump and reach new heights again but since the market right now is slowly moving upward, we cannot predict exactly when will it happen.

As long as the market continues to recover without any news or fuds encountered before it totally moves, then we can expect another good ride like last year but as you said we can't be sure of anything, but be prepared for it or the reciprocal, as long you know your holding working coins or under development project then its good to wait till their done yo see it boom.

[Tenderino]

Yes you are right! Why do people complain about the price even though it is still eight times higher like it was one year ago? The answer is simple, they bought at $18,000 in the hope to make a quick money and their business strategy failed! However, considering the already high price, there are surely better investment options in the ICO market where you can get coins very cheap.

[The Sceptical Chymist]

You only need one good year for gold to be a good investment.

You only need one good year for stocks to be a good investment.

You only need one good year for real estate to be a good investment.

You only need one good year for comic books to be a good investment.

You only need one good year for fine art to be a good investment.

....Do you get the point of the above?  It's true for anything you invest in, so this is kind of a pointless topic.  And to all the people agreeing with OP and saying that bitcoin is a sure thing--it's not.  Not by a long shot.  There's absolutely no guarantees that bitcoin is going to have another moon-rocket year like we had in 2017.  It could crash to zero for all you know, so be careful with your emotions.

[cahbagus555]

It is true, bitcoin or others cryptocurrency is long term investment. Better keep holding on our good coin because in digital world, transaction around the world will be more easy and bitcoin or other cryptocurrency will needed
Investing on bitcoin or others crypto need more than 3 or 6 months, like bitcoin price rising from $0 to $19k need more than 7 years

[rumaysho]

As a beginner in bitcoin, I agree with your thoughts.
Looking at last year bitcoin rose at the end of the year.
Earlier this year bitcoin declined, but it is likely that by the end of the year bitcoin will rise in price.
Be patient waiting for the bitcoin price to go up.

[Findingnemo]

As a beginner in bitcoin, I agree with your thoughts.
Looking at last year bitcoin rose at the end of the year.
Earlier this year bitcoin declined, but it is likely that by the end of the year bitcoin will rise in price.
Be patient waiting for the bitcoin price to go up.

This topic says many positive things for all investors and all are true most of the people investing in the last few months that’s why the value grow to unbelievable value and after growing the investors withdraw their bitcoin and taking the profit amount and put it again this is the reason for the value up and down.