How is your year with bitcoin so far?

[sokani]

I wouldn't say the year has been good or bad but promising. We've been seeing glimpse of what to expect next year, i.e the bitcoin halving. Although, some persons argue that the bear season is not over, but so far I would say 2023 is better than the previous year 2022. BTC started at $18k price mark and it has been building on this, today it past the $25k price mark and I think no matter what the market condition might be BTC is going to end 2023 at $24k-$30k price mark.

[Anguwa]

As for me nothing is left on my wallets, price going down day was not a healthy type for me. Right from last year I decided that the more the deep the more I increase my investment but to some extent it was choking I could afford to keep reducing on investment pending when the price goes up again, so the year has not be really fulfilling but all hope are not lost.

What about you! How do you succeed your year with bitcoin? Is it good to you or worst kind of time?

Is it not better to keep investing when the price is yet to rise? If you actually trust Bitcoin and its process, this bear market will indeed be an opportunity to stuck your Bitcoin portfolio, but you are right because so many people lose patience due to the long period of the bear market, for me this bear market is not normal as it use to be because it has taking more than a year now, I just hope the bear market will soon come to an end so that investors can all smile at their wallets once again.

[Sandra_hakeem]

Years and years passed by,.... several turns passed by tooand we all Know the usual thing that happens in the cryptocurrency cycle, so I don't think everyone rushed to sell for the fact that the price sloped; as for me, I think there's nothing to lose when you keep HODLing 'em bitcoins, and if (only you bought them at the right time too)...
Thirdly, this is the best time to buy cus - do you actually prefer to buy a commodity when it's less expensive or double the actual cost price?? If not, then you're wrong to have sold at this point cus you're actually losing; if you bought 'em previously above the current price, TAKE NOTE.

Sandra 🧑‍🦰

[Rockson1]

As for me I really dont know more about the trade or investment it was recently I join the bitcoin club by investing my first bitcoin in my wallet not having more knowledge about the trade or investment but I have lean from this forum seeing people talking about the risk involved in trading neither hearing them talking about how the bull market can go down at anytime,right now with my little experience I can see the bull market is going very down which means traders and investors are not making good things out of the crypto space, not even hearing about making profit right now,but they can only advice you to buy bitcoin and hold it for a long time up to 2to 3years, that is my own experience for now.


As for me I really dont know more about the trade or investment it was recently I join the bitcoin club by investing my first bitcoin in my wallet not having more knowledge about the trade or investment but I have lean from this forum seeing people talking about the risk involved in trading neither hearing them talking about how the bull market can go down at anytime,right now with my little experience I can see the bull market is going very down which means traders and investors are not making good this out of the crypto space, not even hearing about making profit right now,but they can only advice you to buy bitcoin and hold it for a long time up to 2to 3years, that is my own experience for now.

[moderator's note: consecutive posts merged]

[BIT-BENDER]

My year so far has been fantastic, although if your question is about investment, trading of bitcoin then it’s been a little bit boring but if it’s about the general aspect of Bitcoin then it’s awesome.

I made payment of my last house rent using bitcoin that was one of my biggest bitcoin joy as bank transfer and scarcity of fiat bewildered my country, Bitcoin and other crypto-currency has been a very good option and I believe the acceptance of crypto-currency in my area has increased as a result.

[Fiatless]

Is rare this day seeing people sharing wonderful happenings in their trades or investment. The downtime is quite disheartened that people barely discuss much of crypto currency. Is your year with bitcoin completely empty or you were able to do America wonders?
As for me nothing is left on my wallets, price going down day was not a healthy type for me. Right from last year I decided that the more the deep the more I increase my investment but to some extent it was choking I could afford to keep reducing on investment pending when the price goes up again, so the year has not be really fulfilling but all hope are not lost.

What about you! How do you succeed your year with bitcoin? Is it good to you or worst kind of time?

I don't intend becoming a bitcoin trader. I mainly see bitcoin as a potentially profitable investment sector. I have plans to keep buying and hodling my coin until I reach my long-term investment goal. My intention is to keep saving my side job income in bitcoin and use my full time job to settle my basic needs. Hopefully, if the price of bitcoin appreciates, I intend to use part of the funds to diversify my income base.

For now I am sticking to my monthly investment plans, maybe in six months I will be able to answer OP's question comfortably. But I know that with the current mini-bull run, some traders that bought bitcoin when it was less than $16,000 might have made some profit.

[Nheer]

Mine have not been so different I won’t say its so bad but its just as OP said, all hope is not lost. I have been buying whenever I noticed convincing dip and that what i will keep on doing, i have so much believe in bitcoin and I’m sure pretty soon there will be another bull run.

[Spaceman1000$]

Do for me, it has been challenging, but so far I've gotten some percentage of profit from my investment and I believe with time, I will make more from it.
Though I've increased my investment due to the deep, I've also been doing some trades and I'm very much careful about it.

[sunsilk]

Just keeping to hold and the faith that I've already placed in on it. There's no need for to be worrying what it should do yearly because I know that we're always approaching to a better year.

If the year isn't good for you, don't dwell on it and do sometime for you to be back on track again. We have different situations and journeys to make, choose what you want to be and hardships will always be there.

But don't be discouraged by it. Because this year is very encouraging to the market and it happens every time we're approaching to the next halving of bitcoin.

[Marvelman]

Personally, I've been holding onto my Bitcoin for a while now, and while there have been some ups and downs, I've seen some decent gains this year. I'm still confident in its long-term potential.

[Dr.Bitcoin_Strange]

It's just how it's been the past year; the only joy now is that bitcoin is trading above $28,000, and I hope the price will continue. I can sell a little of my holdings if I see $50,000 this year, but I don't think that the speculated price will be possible. Even if the price drops, that is also an advantage to buying. If I was good at future trading, this price spike would give me a good chance of taking advantage of the market.

[Sorryfor]

Like every year, this year also the price of Bitcoin will increase at the same rate. The way the Bitcoin market is currently growing will reach the target of Bitcoin very soon. And will create new records of Bitcoin in the future. If you invest from this market then there is risk of profit yet it is considered a good time to invest. Because the price of Bitcoin has not so much been bullish yet but rather is flat so now is the right time to investing.

[Doan9269]

This discussion would have been better on bitcoin discussion board because OP is been specifically on the subject matter of bitcoin and not other coins being involved, leaning about the discovery of bitcoin so far has brought about light which has pave way for us to see through every hidden aspect of financial freedom and when we got the freedom, we feels free atlast that the years ahead will be a better one from the previous when compared to the time of using fiat.

[Crypt0Gore]

There is not much difference between this year and the last year, I wish that Bitcoin makes a new low because I still have the most money in stablecoins, and I am not satisfied with the amount of Bitcoin I was still able to gather, now that Bitcoin has rejected the 30ish price target, maybe we can see 24,000$ again, but all this won't last, we only have few months left, if 2024 gets here it is over for any DCA strategies because in 2024 you will be buying at a higher price and new loads of money will start getting into crypto.

2023 is the last opportunity for Bitcoin accumulators to get what they can before it's too late.

[Seinlocko]

Is rare this day seeing people sharing wonderful happenings in their trades or investment. The downtime is quite disheartened that people barely discuss much of crypto currency. Is your year with bitcoin completely empty or you were able to do America wonders?
As for me nothing is left on my wallets, price going down day was not a healthy type for me. Right from last year I decided that the more the deep the more I increase my investment but to some extent it was choking I could afford to keep reducing on investment pending when the price goes up again, so the year has not be really fulfilling but all hope are not lost.

What about you! How do you succeed your year with bitcoin? Is it good to you or worst kind of time?

nothing special so far, besides I'm still a beginner in btc so maybe you could say I just started this all with the hope of great success in btc.
That's really high hopes but I'm sure I can be successful at BTC even if I have to be patient first.

[Rigon]

What about you! How do you succeed your year with bitcoin? Is it good to you or worst kind of time?

I'm not having a very good time with Bitcoin at the moment. I have yet to find my investment success to invest in my high market. Sometimes I feel a lot of volatility because of the volatility in the Bitcoin market. I have always felt the market in this dumping market. Because I invested in the high market and could not exploit this dumping market. But if I find success in my investment then I will always look forward to such opportunities.

[paid2]

Yeah on my end this 2023 year is off to a pretty good start. The rate is doing some interesting things and I'm pretty optimistic about the rest of the year regarding price of BTC in FIAT.

We solved a block with Willi during a blockparty, sharing 6.25 BTC with ten of us was a very positive experience for my wallet.

The very negative side of the beginning of this year is the difficulty of mining which has increased incredibly. Also, the fees are really high with all this Ordinals mess.

So I'm happy with these first months, optimistic for the future, but still a bit worried about what will happen to us as small miners in the coming months and years.

The ambient disorder (Europe in crisis with the war in Ukraine, global and American economic and banking crisis) seems for the moment to benefit Bitcoin. We'll see how it evolves, the road will still be bumpy

[Daniel91]

For me, bitcoin has always been a long-term investment, and I don't think about my investment in the short term, what will be in a year or in a few months, but over a period of several years.
Constantly monitoring bitcoin price movements and making decisions based on daily price movements is not a smart strategy.
You have to have a long-term investment strategy and make decisions based on that strategy, not based on daily price movements.
Based on that, I can say that I am very happy with the current state of the crypto market and bitcoin. Everything is going according to plan and according to my wishes 

[speedy963]

For me, bitcoin has always been a long-term investment, and I don't think about my investment in the short term, what will be in a year or in a few months, but over a period of several years.
Constantly monitoring bitcoin price movements and making decisions based on daily price movements is not a smart strategy.
You have to have a long-term investment strategy and make decisions based on that strategy, not based on daily price movements.
Based on that, I can say that I am very happy with the current state of the crypto market and bitcoin. Everything is going according to plan and according to my wishes 

Mine started not that so good, but still I'm optimistic like you've said, I also share the same sentiment as you do since I view bitcoin as a long-term investment. I'm sure this is only the start but I am also positive this coming months will somehow change and will let fate decide for me along with my hard work and effort I'm pretty sure good results will follow.

Regarding strategy, sometimes I often don't follow my original plan but the end results are always the same since I have a clear view on what I really wanted with bitcoin. I don't really have a fix strategy since there can always be changes so I'm trying to be flexible as much as I want and being reasonable in making those decisions.

[Obari]

It has disheartened so many investors and traders, but we should be able  to understand that this is a market we shouldn't put much hopes on it,  because it will always rise and fall definitely, but for the traders they are on the  better side because majority of the traders always study the market before trading thereby been at the safe side, and as for me,I have always know that the market will  be at it's worst at some point,that shouldn't make individuals especially investors to go on selling their Bitcoins because of its drop on price or struggle to survive in order to meet ends needs, I will advice individuals not to give up on it because statistics has it that it will also rise at some point.