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

[akm3535]

Selling or not selling bitcoin is completely yours to know. you have to act according to your own investment plan. If there is a target you trust, you should wait. The potential for bitcoin is obvious. But that doesn't mean bitcoin will never go down anymore. Maybe it will fall again in the coming years and break a record again. maybe he will do this over and over again. The important thing is that you have set your goal. to continue your investment up to your goal. psychology is important here.

[1714678815]

1714678815

[1714678815]

1714678815

[Iranus]

Why not! there are over 100 good reasons that the price of Bitcoin will break 100K within this year, Last Bitcoin halving was a breakout signal for everyone, who able to catch it now they are gainer and who missed it now it is the proper time to make a decision for hodling until it reaches to 100K. Now it is 4th time that Bitcoin has given a pullback from the 50K price area, it seems 50K is the superior support area and it is quite hard to break this support. if you are wise enough then buy Bitcoin weekly or monthly basis to get a better Return on investment from it.

[Xinarae*]

I think it is possible to make good money from bitcoin tops all other currencies in the crypto market. The price of bitcoin will increase further clever traders will hold on now because it won’t take too long for bitcoin to break 100K it is possible to earn a lot of money by saving bitcoin and selling it if the price increases in the future. At present the demand for crypto for blockchain technology is increasing currencies other than bitcoin are in a better position if the market is analyzed properly investing in all currencies will become profitable.

[blue_nexus15]

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?

First of all, I think you shouldn't forget bitcoin, you made a huge profit.  It is just that you are not knowledgeable enough about its intrinsic history and are hesitant and skeptical about bitcoin.  Remember, bitcoin is an achievement that makes life more productive.  Bitcoin will never return to zero.  Finally, you can explore the space of bitcoin, but simple jobs such as trading, investing ... You can still choose other businesses outside of society to "take short and long."  Bitcoin always produces passive returns in ways that you would never expect.

[blackened515]

You can surely make a good return from Bitcoin. Bitcoin do rise and falls and then it falls, it doesn't mean it would rise back. I think the wise thing to do is to patiently hold your Bitcoin, and sells when the price hit your price target. The present price of Bitcoin is $56,127.10 and it won't be bad if you buy more of it now so as to sell when the price pushes up. Back then in 2018 Bitcoin price falls towards the end of the year, but look as the price today. That's a good evidence that Bitcoin will hit a high price this year.