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

[sayaya17]

You let your long-term investment in bitcoin be good. Especially if you have a business out there, so it does not disrupt your investment.
Not everything related to cryptocurrencies is a pleasant thing by always giving a profit. Because cryptocurrencies hold negative risks to
a person’s financial system. But nowadays, cryptocurrency is an inevitability that currently exists and colors financial systems around the world.
Some technologies behind crypto assets can make financial market infrastructure such as payment systems more efficient.

[PonZZ]

Who knows? A year ago some people couldn't believe Bitcoin would double its previous ATH one day.

[newwest]

Who knows? A year ago some people couldn't believe Bitcoin would double its previous ATH one day.

Pandemic situation has changed the things for bitcoin and I think it has just bought it more into mainstream. Before pandemic not much companies were considering buying it but now with some have started in 2020, 2021 will have lot others who will follow them and this only means that big bulk orders will be in buying side resulting in higher demand. Thus, returns are very much possible now as well.

[milesfull]

We will see next rally sooner or later, its not late to enter into btc market. So, yes, its still possible to make profit in btc

[Question123]

It's your choice if you are going to stay here in the bitcoin or go back to your business, but you can both bitcoin while doing your business. I will not leave bitcoin because for me it is a good opportunity as of now through online. You can make a good return through bitcoin like doing short term is good now and you will not earn money by doing bitcoin you can try also altcoins and other ways to earn money.

[Yatsan]

The decision if you will still get into holding on the amount of Bitcoin you have or to just get back and focus in your business will be up into you since you will be the one to regret it or nourish its worth once you have decided into which path will you take. It is up to you if you find business more profitable or having more future to become an essential investment of your money to make good returns or still consider holding into Bitcoin because it seems like you are still wondering into the possible profit or good returns you can attain once you keep on holding it until such time you see that it will be the time to cut ties of engagement with Bitcoin and just focus on the career you currently have.

[oktana]

Neither of these happened

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

Because neither of them is happening! Bitcoin is never going to be regulated by anyone. And if it does(it won't), it won't really lose a lot of users because think of it, decentralization is a feature, and same as the transaction speed (when sending money across boarders).

[minersday]

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

Yes, it is always possible to make a good return from Bitcoin but it will all depend on your investment plans and strategies. In the space of investment, understanding the market is one key fact in making good returns. You don't need to hold unto Bitcoin for a long term before you can make good returns.  Daily trading seems to be a good avenue. For a week now, I have been doing daily trading and its been very good. All you need is to know and understand the Bitcoin market.

[ilhamsugihamin]

In my opinion, why not make bitcoin a side job, yes, you can do your main job and invest or trade as a side job, and many of them also make people millionaires.

[yazher]

As of this moment is all about the timing to invest, you need to spend some time in the crypto market and to be updated every time the price goes down. You need to be vigilant because it could not be the last time you see the price drop there will be a tendency that it could go down even lower or it would not go down at all. The only thing you can do right now is to trust your instinct because this scenario has never been happened before in the history of crypto and all you need to do is the right timing of when to release your money to be converted to bitcoins.

[zanezane]

In my opinion, why not make bitcoin a side job, yes, you can do your main job and invest or trade as a side job, and many of them also make people millionaires.

This quote is the most sounding option for anyone that is still confused including OP. Bitcoin is still considered by some as an asset so it is in your best interest to buy and hodl and get your profits when the time comes. Making a lot of income streams is the best course of action, if you have the resolve and determination to do a lot of work.

[maculeth]

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.

China ban Bitcoin but 65% of Bitcoin miners are in China, if they can not sell it, will they mine it? Nothing can stop Bitcoin adoption. Its decentralized nature makes it impossible for ban.

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.

It is impossible for bitcoin to go back to zero, the world has regmcognized it, institutions are investing in it now, and it is getting more adoption. Expect it as the coin it is, a deflationary coin that will increase more in value in long term for its limited supply.

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

This is your choice to make, and you have gained. But, know that bitcoin is a deflationary money over long term period. It is an asset, an appreciative asset.

yes that's true, even though banned in one region or country, but bitcoin that is decentralized and spread throughout the world, there must be a lot of adoption of bitcoin, including its market. so you don't need to be confused anymore.

the problem of price, it is indeed difficult to make bitcoin to 0, because the price is still high and the supply in the market is still there. maybe one day if the supply runs out, then people switch to etherum then bitcoin will go down even though it will not reach the price of 0.

[inanilujimi]

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?

no institution or state can really control bitcoin dude, bitcoin is the most decentralized and now mainstream, which is better than storing gold.
whatever your choice while you are comfortable doing why have to seek other people's opinions? You are free to determine the path you want to go.

[bryant.coleman]

As the same question to those who made the investment at ATH levels, during the previous rallies. I am someone who made my investment in 2012, when the exchange rates were really low. But I know a few users who made their move at ATH levels in 2013 December and some who did the same in 2017 December. Those who held onto their coins (only a few did) are in very good profit now.

[BigBoy89]

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?

It is still possible, I'm making more through staking.

IMO the game of buying and selling fiat <> crypto is done. Now the money are in staking, lending and DeFi projects.

[kentrolla]

Mate you can make lot of short term profit in BTC right now because the fluctuations are really good, last week suddenly it went to 30k then it cake back to 35k. The price is playing between 34 - 37k from couple of days, isn't this an opportunity?

I think this market movement is very important for us to buy and sell for short term however we need to be very careful even the defi projects are doing great from few days. I believe this is a great opportunity for everyone.

[Coinsfera]

The answer to your question, as you can presume, is uncertain.  No one can be sure of the next step, the price level. However, if you believe that your investment will be successful in the long run, and you trust the fundamentals of Bitcoin, there is no need to anxiously follow the market. But on the contrary, if the amount you invest is significant for you and you want to leave it with a profit, it is useful to follow the market situation and technical analysis, albeit occasionally.

[michellee]

I believe it is possible to make a good return from bitcoin, but we need to calm down if we can not make it short because bitcoin price will depend on the market. We can search the other way to make money from bitcoin, and we can use bitcoin as a payment for what we do, so we can try to work from many businesses. We can try to search for freelance jobs with bitcoin as the payment.

[Momoamzad]

Yeah you can still earn profit from bitcoin . Because it is always profitable . Who bought bitcoin last year with low price  only $3k or $4k now look at them where they are now . So I suggest you to save your bitcoin and forget about it but not forget the key 😜

[TalkStar]

Investing in bitcoin is always different from other investment fields and you can easily make handsome profits. You just have to gather proper knowledge and know when to make entry or not. Whenever bitcoin price move gradually and worldwide traders get active at that time you can choose your entry zone.

It doesn’t matter how lower or higher the price is where you can easily make money by making entry on right time. Most important thing is you will have to know when its time to buy and sell. Just don't run after baseless predictions. Thats all.