How profitable it is possible to invest in bitcoins in the new year 2023.

[Bitcoin_people]

I am interested in investing but I don't have that much experience in investing and am not able to gain good knowledge by doing research. I saw the Bitcoin market was very dumping in late 2022. But now in 2023 the market is increasing again little by little. I am very interested to invest right now if I get the help of a good investor then I will invest in this market. I am looking for a good experienced person advice for bitcoin investment. So that I can profit from investing Bitcoin wealth in 2023. Can't get much idea about the market. How should I start investing right now, should I start with a small amount of money or should I start with a lot of money? Those who have good knowledge about investment will definitely help me in this regard.
Graph of the Bitcoin market right now.

[dansus021]

first of all welcome to Crypto world 

Do you like watching youtube ? if so there is a channel on youtube called https://www.youtube.com/@WhiteboardCrypto/videos is explains almost everything in the crypto space and uses animation so it will be easier to understand.

Sometimes I still learn new things from it 

Having little knowledge is important before investing

[Patrol69]

I am interested in investing but I don't have that much experience in investing and am not able to gain good knowledge by doing research. I saw the Bitcoin market was very dumping in late 2022. But now in 2023 the market is increasing again little by little. I am very interested to invest right now if I get the help of a good investor then I will invest in this market. I am looking for a good experienced person advice for bitcoin investment. So that I can profit from investing Bitcoin wealth in 2023. Can't get much idea about the market. How should I start investing right now, should I start with a small amount of money or should I start with a lot of money? Those who have good knowledge about investment will definitely help me in this regard.
Graph of the Bitcoin market right now.

Welcome if you are new to cryptocurrency.  If you think you have less idea about investment then I suggest you to get better idea about investment first. You will get a good idea about this on various social media. No matter where you invest, if you don't have a good idea about investments, you can face losses by investing. According to many experts, there is a possibility that the Bitcoin market will be very good in 2024. Since the market is very bearish now, if you get some idea about the investment and hold it for a little longer time, then maybe you can get some good profit from this investment in the future.

[Popkon6]

I am interested in investing but I don't have that much experience in investing and am not able to gain good knowledge by doing research. I saw the Bitcoin market was very dumping in late 2022. But now in 2023 the market is increasing again little by little. I am very interested to invest right now if I get the help of a good investor then I will invest in this market. I am looking for a good experienced person advice for bitcoin investment. So that I can profit from investing Bitcoin wealth in 2023. Can't get much idea about the market. How should I start investing right now, should I start with a small amount of money or should I start with a lot of money?

I want to explain in simple terms by showing you a picture of the direct exchange.  Experience is definitely needed here because the more experienced one is with cryptocurrency the more successful one can invest.  The market reached an all-time high of $69k in 2021.  From there, Luna and FTX fell out of the market, moving the market to 15k.

Now the current market is just above 17.2K dollars.  In such a situation, if the market can be at a high speed now, then it will definitely increase.  You can invest in Bitcoins with confidence.  I recommend you to invest in Bitcoin.

Investing in Bitcoin must be done for the long term.  I think the current time is the perfect time to invest in Bitcoin.

[BlackBoss_]

You can have loss if you invest in Bitcoin only one year, in 2023 only for example.

If you invest in Bitcoin longer, in a few years, you will have profitable investment.

Yearly candles chart: No 2 years of loses.


ROI charts are good for 5 years investment.

ROI charts
I made screenshot from 10-year to 1-year charts.

The longer time you hold bitcoins, the better ROI you will get. If you look at 5-year, 10-year, no other investment can compare with Bitcoin.

2023 can be a same year like 2019. Profitable maybe.

[ethereumhunter]

This year is still a good year to invest in bitcoin as the price has not increased very much and is still under $20k. You can use this time to start investing and you must have time to stop investing in bitcoin, especially when the price is already very high. You can use the DCA strategy, where you buy lots of bitcoins at low prices with a certain amount of money, which will help you collect more bitcoins. By regularly buying bitcoins at the current low price, you can have a lot of bitcoins and sell them when the price is very high in the future.

[Pandji02]

I'd say this is a pretty good time to start buying Bitcoin. If you're new, just DCA it and you'll be fine. The price is pretty low, and it may get even lower, but with time BTC will regain its power. And you'll learn how to act in a bear market. It would be harder to start buying it at ATH and then see it drop by 50% or even more.

[mk4]

If you can't make your own investment decisions, then you're really off to a bad start. If you're not willing to put in your own effort, use the money for something else you're interested in instead.

[Despairo]

@OP it seems you're don't understand about Bitcoin, it's better to not invest Bitcoin ASAP and try to learn it before, because if you only looking to make quick profit from Bitcoin, you will say Bitcoin is scam when Bitcoin price is lower than your initial investment.

You need to answer few questions before you want to invest in Bitcoin:
1. What's the reason I choose Bitcoin over stock, gold, fiat, real estate, shitcoins etc.
2. How much money you can afford to lose if Bitcoin price fall to zero?
3. Why you need to rely on someone that self pro claimed experienced Bitcoin investor or trader, are you never get scammed?

-snip-

Resize your images please, no need to quote a whole images.

[Bitcoin_people]

I am interested in investing but I don't have that much experience in investing and am not able to gain good knowledge by doing research. I saw the Bitcoin market was very dumping in late 2022. But now in 2023 the market is increasing again little by little. I am very interested to invest right now if I get the help of a good investor then I will invest in this market. I am looking for a good experienced person advice for bitcoin investment. So that I can profit from investing Bitcoin wealth in 2023. Can't get much idea about the market. How should I start investing right now, should I start with a small amount of money or should I start with a lot of money?

I want to explain in simple terms by showing you a picture of the direct exchange.  Experience is definitely needed here because the more experienced one is with cryptocurrency the more successful one can invest.  The market reached an all-time high of $69k in 2021.  From there, Luna and FTX fell out of the market, moving the market to 15k.

Now the current market is just above 17.2K dollars.  In such a situation, if the market can be at a high speed now, then it will definitely increase.  You can invest in Bitcoins with confidence.  I recommend you to invest in Bitcoin.

Investing in Bitcoin must be done for the long term.  I think the current time is the perfect time to invest in Bitcoin.

I'm taking more social media knowledge to invest in Bitcoin. But as far as I understand from there the market will not grow that much in 2023. Right now the market is moving towards a higher speed but after watching the videos of different market analysts, I have analyzed as much as I understand that the market may dump a little more. But now I want to get ideas from bigger investors. Now there is a high chance of profit even if you invest Bitcoin in this market. You are right that now is considered a good time to invest.

[Poker Player]

I agree especially with mk4 and Despairo comments. The only thing I would add is that focusing on 2023 is too short-sighted, and more so considering what Bitcoin is. We will most likely close this year in the positive, but there doesn't have to be a huge price increase either. Just if we closed at $20 on December 31, there would have been a positive return.

OP, do some research on what Bitcoin is and you will see that it is worth HODL for at least one cycle, if not two, although you can take advantage of times like this to buy more and bull market times to make partial sales.

[posi]

Invest with knowledge, don't invest in what you see or hear from someone. Although 2023 is also considered a good year to invest as the bitcoin price is still quite low, but it will be good for those who already have good experience and understanding of bitcoin. For you, don't know anything about it, what you are seeing is it's increasing in price, and you want to invest in making a profit, but it's more complex than you see it.

Let's say BTC is 17.2k, and you buy from now on, it doesn't increase anymore but drops to 10k, then you will surely panic and sell at a loss immediately. So please be equipped with knowledge before investing, and the knowledge you can find on youtube is a lot, it is enough for newbies.

[Gallar]

I suggest you invest with money that is really cold, or money that really won't be used in the long term, because investing in bitcoin is better in the long term, it doesn't matter how much money you invest, the most important thing is that the money is cold or not will be used in the long term.
because I have personal experience, I first invested using borrowed money, and as a result I was a lot worried about my investment, the point is I wasn't calm in my mind, at that time I thought that investing must be personal money that won't be used long term, so I can be more calm in invest in bitcoin or crypto.

[drwhobox]

If you want to profit from investing in bitcoin, go for long term holding. Invest in how much you can afford to lose and think of a long term investment. The market is still good for buying bitcoin, and the discount price is still going strong for people who don't take part yet. Don't get late waiting for the price to fall more.

Those who have good knowledge about investment will definitely help me in this regard.

You are in the right place and you did post a thread, so members of this forum will suggest what you need to do now regarding your investment. Just don't listen to anyone who inboxes you with any offer, just ignore them.

[Rikafip]

I am interested in investing but I don't have that much experience in investing and am not able to gain good knowledge by doing research. I saw the Bitcoin market was very dumping in late 2022. But now in 2023 the market is increasing again little by little.

You chose a very time to enter the market since bitcoin price is far from the all time high and what's even more important, you chose the right cryptocurrency. Many newbies are attracted by various alts, thinking that they are too late to invest in bitcoin now, while in reality they should invest in bitcoin only since they have no idea how market works.

How should I start investing right now, should I start with a small amount of money or should I start with a lot of money?

Its probably the best to start with smaller amount to get yourself familiar with bitcoin, especially how to securely store it which is yet again something that a lot of newbies fail at. Once you get more comfortable to send/receive/store bitcoin, you should proceed with getting bigger amounts, but only if you have some money on the side that you don't need to everyday expenses as you may have to wait for years to profit.

[KEN L]

The investment cycle of investing in Bitcoin should be observed with at least one bull-bear conversion cycle, rather than one year. In such a short period of time, Bitcoin is an investment product that can only be profited by long-term holding.

[eddie.gouws]

Investing in bitcoins can be a very profitable endeavor if done correctly. In order to maximize your chances of success and minimize the risks, there are certain steps you should take when considering investing in bitcoin for the new year 2023.

First of all, thoroughly research everything involved with investing in bitcoin. Bitcoin is still a relatively young asset class and there is significant risk associated with it. Make sure you have a working understanding of the technology, economics, regulations and other important factors surrounding this asset class before diving into an investment strategy. Speak with experts in the field who can provide personal advice tailored to your individual needs and goals as well as identify any potential pitfalls that may arise along the way.

Second, carefully consider which type of bitcoin investment best suits your appetite for risk as well as financial resources available at your disposal. You could choose to buy bitcoin directly through an exchange or even engage in speculation by trading futures contracts or other derivatives designed to take advantage of its price movements over time (derivative products such as options and leveraged traded funds may also be considered). Setting up regular purchases through algorithms (also known as 'dollar-cost averaging') is another viable option for those wishing to reduce their overall exposure to risk by spreading out their buying decisions across different times during the year instead of only once or twice per annum like most investors tend do.

Thirdly, diversify! Do not put all eggs into one basket! If possible make investments into both fiat currencies such USD/EUR/GBP etc., stocks/bonds/commodities alongside cryptocurrencies so that you have some form of protection against losses that may happen due to volatility present within markets today which could potentially substantially decrease one's wealth overnight so having options outside crypto gives better flexibility more desired optionality overall..

 Finally have realistic expectations about returns on investment from bitcoins; many traders tend overestimate expected reward from past successes leading them astray from correct path towards profitability.. It’s important understand no how volatile market conditions can be what implications will this bear long term terms especially given current political landscape around world.. Monitor news reports relevant crypto space regularly gain insights regulatory dynamics tensions between countries various industries using currency making more informed decisions come tax season too since governments now treat cryptocurrency differently than they used prior years thus requiring people who own digital assets prepare accordingly taxes accordingly avoid running any legal troubles future down line!.

Overall investing in bitcoins new year 2023 lets us capitalize upon opportunities arising frontier while managing risk properly individuals follow these steps thus allowing them realize maximum returns rightfully deserved gains made

[WatChe]

I am interested in investing but I don't have that much experience in investing and am not able to gain good knowledge by doing research.

If you dont have much knowledge about Bitcoin then you should first increase your knowledge about this technology. You wont get success solely by relying on others advice.

I saw the Bitcoin market was very dumping in late 2022. But now in 2023 the market is increasing again little by little.

The market in 2022 is very much same as we have in 2022.
There is investment strategy called DCA (Dollar-Cost Averaging), go thorugh it and see whether it suits you or not. As you said you dont have much experience than start with small capital.

[RAshartem]

This year is still a good year to invest in bitcoin as the price has not increased very much and is still under $20k. You can use this time to start investing and you must have time to stop investing in bitcoin, especially when the price is already very high. You can use the DCA strategy, where you buy lots of bitcoins at low prices with a certain amount of money, which will help you collect more bitcoins. By regularly buying bitcoins at the current low price, you can have a lot of bitcoins and sell them when the price is very high in the future.

It is the goal of 2023 to invest according to the reasonable distribution of one's own income and to continue to learn from the forum. Adding that I spend $200 of my income to buy Bitcoin every month, I think I will have a very good income in the not-too-distant future. Whether you are a novice or an experienced person, it is the wisest choice to stay away from centralized exchanges and secondary market transactions.

[Wexnident]

I am interested in investing but I don't have that much experience in investing and am not able to gain good knowledge by doing research. I saw the Bitcoin market was very dumping in late 2022. But now in 2023 the market is increasing again little by little. I am very interested to invest right now if I get the help of a good investor then I will invest in this market. I am looking for a good experienced person advice for bitcoin investment. So that I can profit from investing Bitcoin wealth in 2023. Can't get much idea about the market. How should I start investing right now, should I start with a small amount of money or should I start with a lot of money? Those who have good knowledge about investment will definitely help me in this regard.

If you don't want to give enough time to study, then doing a long-term investment in Bitcoin might be a good idea, we're pretty much at the bottom if you compare it to the past year (though it might still go lower, who knows). If you're unsure of that and want something more, well, backed up, copy trading is also a thing. If you're not familiar, the term says it all, you copy the trading strategy of someone else that they provided. It's not a guarantee that it's effective though so do be careful when studying and judging those available ones.

As for the money, start with what you can afford to lose, no matter how big or small. It's an investment, a risky one, so only use what you can risk.