Is it possible to still make a good return from Bitcoin?

[KaliLinux]

There is a chance to have a good outcome or profit to this currency but the problem is until when you can survive the market volatility there are people just a drop of the Bitcoin they immediately sell their funds also there are people who just only hold to the market because they can not escape the entry point they are already losing it just holds or nothing to get profit.

Actually, many of them quitted when suffering frustrations and disappointment. These people overly thinking that having a Bitcoin investment is easy money, well, they seems wrong. That could be the possible end when we don't accept defeat and losses. Because if we still trust Bitcoin despite the losses and frustration we've got, I think the positivity will remain.

It's better if we might not get attach too much in the bitcoin letting your job just for the bitcoin there is no assurance that all the time we are going to the uptrend.

Maybe not. If you are just working for a small salary rate and spending all day working, I believe leaving it for Bitcoin is a good idea. Maybe we could find another job.

I agree with you here because I have discovered that there are some Bounties that pays more than the monthly salary of some jobs, I would leave those jobs in a heart beat and focus on Bounty hunting and investment in bitcoin and hodl some a while.

[tbterryboy]

Okay so I saw bitcoin early days because a competitor site owner briefly offered it as a payment method for their products. I thought this cryptocurrency will never work because it will either 1). get regulated / shut down, or 2). never be accepted by the general populous.

Neither of these happened and finally I bought a diversified holding of £10,000 in 2019 to hedge against future pain. I still have this holding untouched including 1 btc and have no plans to sell it until I am sure it has hit full critical mass or goes to zero.

My question: Should I just forget about bitcoin now and go back to my business?

I believe when you look back to the date you posted this and what the price of bitcoin is today and if you did not actually invested in Bitcoin back then, you would be hating on yourself now. To be honest, Bitcoin is not what should should even consider whether to invest in or not because since its genesis, though have few problems on the way it is the go to investment for all now and I hope you did invest. 

Yeah by this time, they themselves might have realized the possibilities of making good returns out of bitcoin investments. In January of this year, we were doing around $20k and right now above $55k; what else we need to prove the potential of bitcoin investments. One of the best ever opportunity all investors must think about.

Fortunately this year is immediate following year to halving hence we are having bull run. If OP was asking same question some other time then we might have needed to wait for years to show them a living proof. This kind of high volatility is one of the reason why most investors are still hesitating to invest with bitcoins.

[Rehan Zakir]

Yes brother!.If you have the patience to hold it for 5,10 years. Then buy bitcoin at current price and hold it until 5,10 years. Because the future of bitcoin is very bright that is why if you missed the opportunity to buy bitcoins from cheap prices then don't worry buy from it and just hold it.

[passwordnow]

I agree with you here because I have discovered that there are some Bounties that pays more than the monthly salary of some jobs, I would leave those jobs in a heart beat and focus on Bounty hunting and investment in bitcoin and hodl some a while.

But you can't be  sure with bounties, you can have 1-10 in a 100 of chance to find a bounty. I've seen stories that said that they've joined a lot of bounties and it seems that their efforts were wasted. But if you're sure with that plan and you don't have a lot of obligation, I think that you can sustain yourself and have a 1 time-big time bounty project reward while you have some bitcoin holdings that awaits only for the next all-time high.

[Gamerholic]

In my opinion, this question is no longer relevant, since bitcoin has already shown serious growth during this time and thus one can easily answer the question in the affirmative: of course yes! Those who bought it at the beginning of the year, sold it yesterday - could have made a profit of several thousand dollars. In such a short time, this is an excellent result. There are a lot of such stories and every day there are more and more.

[Slow death]

currently the price of bitcoin is at $56,000, just to give you an example in my country less than 5% have or have ever bought bitcoin, and I think that in other countries the number of people who have bitcoin is also very small, which means that there is still space for many people to buy bitcoin and the price to make 3X profit if you buy at the current price of $56000. another important point that has space for companies like amazon to enter this market and cause the price to increase a lot. if you notice, you will see that the price does not fall much, this is due to the high level of confidence that people are putting in bitcoin, people are seeing a good future and do not want to sell, so the price does not fall much

[doctor877]

you can hold if you want more profits or sell if you are satisfied with what you have made. you do whichever pays you which means the final choice is still in your hand. crypto banning news dosent move us anymore because we are used to it. the same people banning are busy buying as you are dumping out of fear. no one can stop bitcoin.

[ArIMy11]

Okay so I saw bitcoin early days because a competitor site owner briefly offered it as a payment method for their products. I thought this cryptocurrency will never work because it will either 1). get regulated / shut down, or 2). never be accepted by the general populous.

I also didn't thought that bitcoin will go this far. When I first saw bitcoin price it is only around $8k but now it is $50k. I am lucky I got the chance to knew bitcoin as early as 2017. Maybe it is already late during that time but it is better late than sorry. From that year I manage to saved some of my bitcoins until this year so a BIG YES that Bitcoin can make a good return. Bitcoin is a very promising coin and is also good investment for the long run. If you still have hesitation you can conduct more research if you want. Just so you know about Elon Musk who buy bitcoin a month ago.

[peter0425]

Of course, yes. And there's no problem with that. You can make a profit not only from bitcoin, but also from altcoins, such as EOS, which I continue to store on my Ownr wallet.

EOS is still promising? well lets not Jump to conclusions and don't change the area because this is for Bitcoin thread .

In my opinion, this question is no longer relevant, since bitcoin has already shown serious growth during this time and thus one can easily answer the question in the affirmative: of course yes! Those who bought it at the beginning of the year, sold it yesterday - could have made a profit of several thousand dollars. In such a short time, this is an excellent result. There are a lot of such stories and every day there are more and more.

It is relevant mate because Bitcoin climbs up and down nowadays , dropping to 40k level and climbing back to 50k level.

[Alns]

Hah, the date of this post if the perfect answer to this question

[dimox]

Bitcoin is not for and will not be forgotten, even though you will not touch the holding but at least you will always be aware of the price movements that occur. So, forget it or not, basically you are required to continue your business because it has become an obligation for regular income. If you forget your business and switch to bitcoin, I'm not sure you will get as good an income as the business you are running, so let it go together because it will be good for your future profit anyway, right.

as far as i know, have own business is good than just stay on crypto. this like have the other investation, you cant do anything till the price grow up. holding always wait for this moment. so, you have two profit like what word said above.

there are many people believe on bitcoin or crypto, so, dont be panic if this stuff make you lose. it will give you more value when the time come.

[online73]

Hello everybody. Having bought Bitcoin in 2019, the profit is very good today. I, too, like many on this forum, am confident that Bitcoin will reach even higher prices, but there can be no endless growth. Personally, I expect a drop to 20K in the near future, but further, the price growth will continue. I sold all BTC to buy again from 25k. But the cryptocurrency market is notable for being unpredictable. I just wish you and myself the best of luck, with the belief that both my script and yours will come true, because you have probably already decided something. No matter how it turns out further, the fact that thanks to Bitcoin you can still get a good profit - I'm 100% sure.

[Kamarah]

We can absolutely make good profits from Bitcoin. Our main purpose of Bitcoin investment is to get rich. If you buy Bitcoin 10 years ago and to the time you sell now, you have a big amount. What benefits did Bitcoin give you?

[dificanovi]

Okay so I saw bitcoin early days because a competitor site owner briefly offered it as a payment method for their products. I thought this cryptocurrency will never work because it will either 1). get regulated / shut down, or 2). never be accepted by the general populous.

Neither of these happened and finally I bought a diversified holding of £10,000 in 2019 to hedge against future pain. I still have this holding untouched including 1 btc and have no plans to sell it until I am sure it has hit full critical mass or goes to zero.

My question: Should I just forget about bitcoin now and go back to my business?

Don't think anything else about the destruction of bitcoin because bitcoin is registered in all crypto markets and is licensed, so don't be afraid to buy bitcoins because your future depends on the hard work you are doing at the moment.
we will still benefit from bitcoin if we can take this good opportunity to buy bitcoin when the price goes down.
bitcoin does not always go up and does not always go down, so we must be good at finding the right time to buy bitcoin and we must be patient to wait for bitcoin prices to rise, if we are good at taking opportunities like this then life will be happy because we always benefit from bitcoin .

[Handsome Boy]

of course you can still get profit from investing in Bitcoin at this time, because until whenever the price of Bitcoin will continue to increase very high, therefore you shouldn't hesitate to invest in Bitcoin, then now is the right time for you to invest in Bitcoin, because I am sure that soon the price of Bitcoin will definitely increase very high and create a new ATH price again, so you can get profit quickly from investing in Bitcoin at this time.

[Gheka]

In my opinion, this question is no longer relevant, since bitcoin has already shown serious growth during this time and thus one can easily answer the question in the affirmative: of course yes! Those who bought it at the beginning of the year, sold it yesterday - could have made a profit of several thousand dollars. In such a short time, this is an excellent result. There are a lot of such stories and every day there are more and more.

I don't think so, this question is focusing more deeply on what you think, everyone knows what bitcoin has done today and is wanting to know whether it will continue to do so in the future or this the final milestone, besides, the investment of bitcoin will still be easy or we lose thousands and tens of thousands of dollars every time the price of bitcoin falls. People are spending a lot of curiosity but the futures market is an infinite picture in our minds, an artist will have to design their paintings according to the talent they have

[TangentC]

Okay so I saw bitcoin early days because a competitor site owner briefly offered it as a payment method for their products. I thought this cryptocurrency will never work because it will either 1). get regulated / shut down, or 2). never be accepted by the general populous.

Neither of these happened and finally I bought a diversified holding of £10,000 in 2019 to hedge against future pain. I still have this holding untouched including 1 btc and have no plans to sell it until I am sure it has hit full critical mass or goes to zero.

My question: Should I just forget about bitcoin now and go back to my business?

Bitcoin Price rise verses fiat is infinite, you won't live long enough to see it's maximum price verse fiat.

So what you really need to decide is where you cash out, at what point is it good enough.
Sell prices should always be set in your mind whenever you make any investment.
Also the shorter your time frame for holding the lower your sell price should be.

Bitcoin investing should always be in the background and running your business should always be in the foreground.
As your business meets your day to day living needs and bitcoin cashouts should be spread out over years for maximum gains.

[Streets 2.0]

It is easy to understand if you look closely at the price dynamics in the market over the past month. She went up and down a few thousand dollars. So, if you imagine that you opened successful short positions on the stock exchange and each time hit a reversal in time to go to profit, you could have already made a decent fortune on these fluctuations.

[Somner]

Statistics show that bitcoin is growing from year to year, so there is a good chance to make money. Nobody believed in Tesla either, but now it costs a lot of money.

[TribalBob]

hey dude, why should you leave your real world business?
your real business should continue to run and make your bitcoin savings,
because when bitcoin is falling you will still be normal because you have a real world business and your economic cycle continues, try to imagine if your real business stops and bitcoin has decreased in price like 2018, you will go crazy,