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Author Topic: You only need 1 good year for Bitcoin to be a good investment  (Read 738 times)
ronics
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April 20, 2018, 01:17:00 AM
 #81

for me not enough a year to be a good investment, just give me two or three years enough to make me a good investor here in the bitcoin currency I want to study first about an investment method to get my knowledge very often because I know bitcoin will only wait for us when we want investors.Because for me I do not want to be mistaken why I was banned because of my mistake so that I study It's a long time about investing to be one of my best investors here in bitcoin someday.
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April 20, 2018, 10:25:29 AM
 #82

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
Hahaha this is a little harsh one but yes sharing is caring. Especially sharing with those newbies how are just new in this world. Definitely they have got so much different questions that must be answered within time for their better results. They are getting experience, for that, they need guidance from us. So yes, if someone don’t want to share information he mustn’t be here.

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April 20, 2018, 12:58:39 PM
 #83

Well for getting good returns from your investment depends on your trading skills and your luck than any other things and i think you should not waste your time on finding that one good year, and if you really want to make the year to be good for your investment then better practise yourself and learn the trading skills. If you master any one trading skills either technical analysis or fundamental analysis then every trading year will be good for you and for your investment. Focus how you can manage your trades by your skills and after that, you can expect the year to be good for yourself otherwise i don't think trading is meant for you because you will try to gamble your investments purely on your luck.

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April 20, 2018, 07:26:58 PM
 #84

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
It is good to share your good knowledge about bitcoin users because it use to increase their interest and gradually people will start to buy bitcoin and hold for long time so it is good to invest right now and don’t sell, we should increase our own and the other people knowledge by making and reading different posts about bitcoin, my advice for bitcoin users is to buy bitcoin when you see the price is low and then hold for the long time to sell at high price, don’t listen to the fake news about falling price, just get knowledge from bitcoin talk and invest for long time.
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April 20, 2018, 09:48:10 PM
 #85

So far we have seen only years when bitcoin was in a continuous growth but there is absolutely no guarantee that is going to continue in the future. I think we should expect a period when the price is just going to stay stable and fluctuate only with a few hundreds of dollars because bitcoin would get to millions if every year would be like 2017.
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April 20, 2018, 10:23:20 PM
 #86

Its a great and encouraging post, but how to know, when that good year would take place...I would just hold my bitcoins, waiting for this opportunity, there is no reason to sell them.
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April 20, 2018, 10:45:58 PM
 #87

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.  Cool

  
I think your thread will help others mostly some people don't have patient and to some people new in crypto world. I agree stop complaining and wait your lucky year because our luck is on our hands it depends how you manage your money in crypto or in bitcoin.

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April 20, 2018, 10:55:34 PM
 #88

Well, a good visionary can wait for more than 1 year to have a better investment result for bitcoin. If we treat the behavior of bitcoin like on some stocks in stock market where the projection of a good return could take for about 3 years or more then we could say that you are fearless about its value. In current situation of new comers for bitcoin investors they are more affected about speculation and FUDs that makes them to start complaining about the bad price performance of bitcoin, in reality all stocks behave alike including bitcoins. If you know the pattern then no need to worry of how long can you wait 1 year, 3 years , 5 years or more as long as you know the biggest potentials.
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April 20, 2018, 11:30:09 PM
 #89

Well, a good visionary can wait for more than 1 year to have a better investment result for bitcoin. If we treat the behavior of bitcoin like on some stocks in stock market where the projection of a good return could take for about 3 years or more then we could say that you are fearless about its value. In current situation of new comers for bitcoin investors they are more affected about speculation and FUDs that makes them to start complaining about the bad price performance of bitcoin, in reality all stocks behave alike including bitcoins. If you know the pattern then no need to worry of how long can you wait 1 year, 3 years , 5 years or more as long as you know the biggest potentials.

Definitely right,  1 year and above will surely make our profit double or triple because this is already been proven by those who invested Bitcoin long time ago. Well, as of now and counting more and more people are now starting to adopt this technology and this is why more newcomers are affected with some FUDs. But for those who already totally understand the crypto I probably believe that they will hold it for more than1 year.
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April 20, 2018, 11:56:53 PM
 #90

I think for late adapters, they panic more because they invested late. They invested when prices are  too high that this year 2018 they are just waiting  for bitcoins or other cryptos to return their capital.
2017 is very much a highlight to the market but I think not knowledgeable late adapters can suffer differently.
We can not tell that this year, those who actually invested when prices are about 18-19k will get their capital back by the end of the year. Well, their One year wait will just be not that profitable unlike those who hold alrready.
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April 21, 2018, 12:16:24 PM
 #91

In a one good year for investing in bitcoin if it is manage wisely then we can say that we can get that good investment result for a period of one year considering that market will always be green and if there is red market is just for a while.

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April 21, 2018, 12:21:39 PM
 #92

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.  Cool

  

Indeed, many people complaining about bitcoin price drop but they dont realize that bitcoin already rising more than 20x from early 2017. Early 2017 bitcoin price around $1000 and highest at december around $19k. Bitcoin price now $8900 and many people said that bitcoin dead or buble burst.
We should look on bitcoin price history and I am believe we will investing on bitcoin for more profits

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April 21, 2018, 12:34:04 PM
 #93

Why only a year? Previously, large speculators did not trust bitcoin. But now the situation has changed. They paid attention to bitcoin and can invest a lot of money in it. Using a large number of coins they can manipulate prices for a longer period. What prevents them to keep prices down for 2-3 years. A lot of users during this time will sell their coins because they do not have enough Fiat to survive this period.
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April 21, 2018, 01:57:33 PM
 #94

Every investment requires patience because without it, you would not make a good profit and you will end up failing. That is why these people need to chill out because they already have chosen to deal with bitcoin because it is a long term investment. Added to that statement, the price has recovered a bit and it is going to grow. It is just a matter of time until everything goes back to normal.
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April 22, 2018, 05:33:06 AM
 #95

As you stated in your post,  we need one or more year to make good profits from bitcoin investment because normally the prices are in downtrend at the beginning of year and the prices are skyrocketing at the other end so which means we need atleast one year.But lot of people invested on bitcoin at the wrong time when the prices are already high.
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April 22, 2018, 01:00:18 PM
 #96

I think a year is a fair amount of time to know and get used with bitcoin investments. It took me almost
a year to even understand while trying not to get too excited. Prices play an important role with bitcoins and so
does the timing, timing is impeccable. Investing bitcoins in times of spikes would result in having to purchase
them a bit more expensive than buying BTC on dips, I learned this the hard way. Patience is a very good
ally with cryptocurrency, within a year you will learn, lose and gain a lot in this market. Bitcoins taught me that.
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April 22, 2018, 03:18:31 PM
 #97

I don't think that a year is simply enough.
That may only be good timing or luck, no one knows but the same span of time may yield either more or less in some other part of a year.
I would rather hold my bitcoin earnings for more than a year if I simply can so I can guarantee that I get most profit from what I invested.
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April 22, 2018, 05:51:26 PM
 #98

I can't say I agree with what the OP has said, but I do understand the idea behind it, and it makes some sense. I prefer to look to bitcoin potential, and consider as a long term investment. Let's face it, if bitcoin succeeds as a currency, then it will most definitely go to the 6 digit figure. Since it's now at $8k, we are more close to the $0 than to that 6 digit figure, so it looks to me that I have a lot more to gain that I have to lose, because bitcoin is still in the beginning. For me this makes it a worthy investment.

Then you need to consider what are the odds of bitcoin becoming a currency. Giving what you have to earn here, you wouldn't even need it to have a 50% chance of achieving it's goals, to be in profit, so the odds are quite favorable for your potential returns in my opinion.

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April 22, 2018, 07:09:46 PM
 #99

One good year....and for how long one will have to wait for that!!

i don't think your logic is pretty much right. But the message you want to convey is absolutely right, that there is nothing kept in just pissing off your loss. Instead one must relax and wait for some better price. But I don't think that in this market one full year would turn out to be a good one. There can be a possibility of one good quarter...good enough to cover all the costs and get us good returns.
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April 22, 2018, 07:36:33 PM
 #100

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.
Agree.. no one can guarantee in this year bitcoin Will repeat the successful like previous year or not, may be this year bitcoin have different scenarious and I am not really expect bitcoin Will reach $ 20k again but I am pretty sure if the price of bitcoin Will reach at least 15k in this year. I think $ 15k is possible to happen in a few months.
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