This is a great motivation and evidence that Bitcoin can bring significant achievements to our lives. I know it's been a tough journey for you to attain your dream home, but you've persevered through it all and believe in Bitcoin.Can you share with us your investment strategies when it comes to Bitcoin? Or perhaps, could you kindly give us some tips to follow so we can accumulate enough funds through Bitcoin investment, which may enable us to buy a desired house or a fancy car?
Sorry, I don't really have any tips to give I think, I am not very legit to give some. All I did was buying / mining, accumulating, and hold.
As I had nothing to lose, I just bet on BTC and was lucky. Of course you need knowledges, understanding what you are doing, and to invest some real money, but I was lucky regarding of the difficulty of mining, the different prices I bought BTC with "big" amounts of fiat, and that the life didn't made things so hard that I must sell earlier.
For the mining part, I mined some sha256 altcoins, and always convert them in BTC. I paid almost nothing for electricity per kw/h so it was not too risky. The difficult part was to buy some Antminers at the beggining, but they were very cheap if I compare with the last I bought in 2021.
For the buying part, I just bought BTC each time I had money to spend on it. It was like a DCA strategy, I was buying regardless of the price at the moment.
It always takes some time (IMO at least one halving / 4 years) to be very profitable, but it depends of the situation of each person.
If I was located in the USA, the target needed would have been higher than in my actual location.
Sometimes, a story of someone rising up after a fall can make our motivation even stronger so we don't give up easily. Have you faced any difficulties or problems in the past five years that made it seem impossible to hold onto Bitcoin anymore?
Yeah I was hesitating to sell dozen of times... Sometimes I was like totally fiat broke, 0 on the bank account and the salary coming only in a long time. It was difficult to not touch the wallet but in reality I wasn't able to withdraw any sat during this times. I would have felt guilty if I did, and I had a clear target to reach, so it made it easier to hold.
The only times I didn't hesitate to use BTC was when buying more Antminers, because I was "sure" to earn more than what I spent, in a long term perspective. It was not always a clever choice, but globally it was profitable. I just lost some money with shitty Antminer S9k, some units were totally useless.
Selamat anda sudah berhasil membeli rumah,.
Semoga bisa menginspirasi bagi kita semua, apalagi saya yang baru bergabung diforum ini berkat teman dekat saya.
Mohon dapat memberikan masukan & Bimbingannya.
Thanks for the kind words, I think I answered to your message with the answer to bayu7adi !
Well, I am so glad to hear that you are now the owner of your own property. I have helped other people to do the same and I count that as one of my own greatest accomplishments in life. These people were in the "mouse in the wheel" of life and they hardly had any savings, but through early investment and also good timing, they were lucky enough to sell their bitcoins for a huge profit and to pay off their houses.
A lot of people take the safe route by leaving their savings in their Bank accounts and getting the little bit of interest that does not even survive inflation. We take the risk to buy bitcoins and we reap the rewards by taking that huge risk on something that are basically still in the experimental stages.
Thanks!
It's very nice that you shared your knowledges with these people !
I totally agree with you, it is very good to be in the loop still early, even if I would have start my BTC journey in 2010
Each time i come across this username, I've always wondered what made you chose such a name, I am glad that today, I've found the reason why and no need to wonder anymore
.
A really big congratulations to you friend, though this might be coming late, but I believe its never too late to say congratulations to someone who truly deserve it, having one owns home is one of the best investments ever, and I am happy for you that you were able to achieve this through bitcoin....
Congrat once again, and I wish you more good achievements going forward into the future.
Thank you so much ! Wish you the best too for the future !
