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Author Topic: my small investment  (Read 1482 times)
nur rochid
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June 02, 2023, 08:14:09 AM
 #141

a condition similar to what I did, because I didn't have the capital, I bought it little by little to invest. I do this when I get a prize from the campaign, of course I leave a little to buy bitcoins and break up my savings like last 2021, where I get good profits from buying bitcoins in stages. and finally I bought it back when the market was bearish and I have held it until now while buying it back when I have income. therefore it's fun to invest in bitcoin because we just have to buy and wait for it, but with a note that we have to be patient to wait in an indeterminate amount of time
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June 03, 2023, 07:21:15 AM
 #142

a condition similar to what I did, because I didn't have the capital, I bought it little by little to invest. I do this when I get a prize from the campaign, of course I leave a little to buy bitcoins and break up my savings like last 2021, where I get good profits from buying bitcoins in stages. and finally I bought it back when the market was bearish and I have held it until now while buying it back when I have income. therefore it's fun to invest in bitcoin because we just have to buy and wait for it, but with a note that we have to be patient to wait in an indeterminate amount of time


that's a good thing, friend, because you are a smart person because you can share your money for something more useful, moreover, you are still strong on holding your btc, of course that's a good thing, because the best investment in btc is for the long term and also we must be good at setting trading strategies.

and what the op is doing is of course a good thing as long as it is ready with the risk of investing in btc.
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June 03, 2023, 07:34:31 AM
 #143

He is buying according to  what he can  afford and buying in fractions is not a bad investment as far as it is long-term. His strategy of buying is the best for him that won't run him down financially.  Making  good profits Is not just about the amount you put in but how much patience that can be exercised to  hodl for a longtime. The reason of op buying in fraction could be he is following the principle of buying what he can afford,  and this is a rule for all investors to make investment go smooth and not to depend on it too much by  investing with the  money  that is available.

It seems that he has no other choice, and this is the only true option for him. All great fortunes began with something small, each of us, when we started our journey into the world of finance, could afford to save not very much, but over time everything was changed. And if his investment turns out to be successful, then he will be able to see what profit he has received in percentage terms and this can motivate him well in the future. If the investment is unsuccessful, then he will not lose a lot of money...

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June 03, 2023, 08:36:06 AM
 #144

All cases are converted from minor to major. It doesn't matter whether the investment is big or small. Being successful in investing is a matter of debate. If the investment is successful, the type of investment will gradually grow. If the investment does not succeed, there is very little money to be lost on small investments. Influential investors also embarked on a journey through small investments. I would say it is best to start with a small investment in Bitcoin

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June 03, 2023, 09:19:57 AM
 #145

Absolutely. Altseason can still occur at any time, and it wouldn't be a bad decision to invest in some top altcoins as part of an asset diversification strategy alongside Bitcoin.

Although we are still within the realm of cryptocurrencies, there are distinct differences between Bitcoin and altcoins that can be leveraged. This also aligns well with the limited assets that OP possesses.


Altcoins can be a good diversification and can be maximized by choosing potential altcoins.
Bitcoin is indeed the main one, but of course, it needs support from several other assets so that there are other alternative assets that might go higher when Bitcoin is sideway.

The limitations owned by OP are the main problem, whether he will continue to be in Bitcoin or start entering Altcoin.
But the most important thing is to make sure the asset he chooses is an asset that has good development.

To be fair, diversifying with altcoins can better help us maximize our profits, as altcoins' returns are much higher than bitcoins. But everything is very fair, high return comes with high risk, if one can accept the risk, then investing in altcoins is really worth considering. But if someone can't take the risk, stay away from altcoins.

Given the OP's economic situation, he doesn't have too much money to invest and is not willing to take risks, altcoins are not suitable for him. I think his bitcoin approach suits his economics, he should continue with that plan, not thinking about altcoins when the economy is not really stable.

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June 03, 2023, 10:07:54 AM
 #146

I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.
This is like not investing anything at all, believe me, Bitcoin value is very high and using a small amount of money to invest won't get you anywhere, for small time investors like you it's better to keep buying small Bitcoin every now and then, if you don't have a way to keep accumulating you need to create one yourself, or it's better to just stop and invest that money into something else, it could take another 2 years before Bitcoin reach a new all time high and waiting for this long with just the little you invested is a waste of your time.

Find a new source of income and keep buying Bitcoin, you will not regret when 2025 is nearer, you will be proud you listened to their advice I can guarantee you that, it's better to struggle right now for a better future.

.
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June 03, 2023, 11:43:29 AM
 #147

Got some profit on this small investment. Looking at Bitcoin 24k today.
OP, First of all Congratulations on your successful Bitcoin investment if you still own bitcoin you may benefit even more as the current price is around $27,200. Holding on to your investments during price dips is a long term approach. Remember that cryptocurrencies can be volatile so research and market awareness are crucial. Spread your investments within your financial comfort zone for potential growth. Stay informed and consider investing in future price dips. Good luck on your investing journey.
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June 03, 2023, 12:02:27 PM
 #148

All cases are converted from minor to major. It doesn't matter whether the investment is big or small. Being successful in investing is a matter of debate. If the investment is successful, the type of investment will gradually grow. If the investment does not succeed, there is very little money to be lost on small investments. Influential investors also embarked on a journey through small investments. I would say it is best to start with a small investment in Bitcoin

Well said. I also believe that all investors including traders should start small. Although small may vary depending on the financial capacity of the investor. A million dollars might be immaterial for the hundred-dollar millionaires. Nonetheless, starting small for beginners saves us from the risks of losing substantial amounts while we are still getting more familiar and knowledgeable about the field we are investing.

OP is also investing every time there is a savings and it's a good trait. That's like doing a DCA already while bitcoin is still too far from its former highest price. Just don't forget to only invest only a part of your savings so that you will have emergency funds as well.

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June 03, 2023, 12:14:18 PM
 #149

Find a new source of income and keep buying Bitcoin, you will not regret when 2025 is nearer, you will be proud you listened to their advice I can guarantee you that,
We all aim for the upcoming years and even if we don't know what's waiting there, we have that hope that if we'll base on the pattern, everything is gonna be better by that year. With the small investments that we have, these will grow eventually until the right time comes.

it's better to struggle right now for a better future.
This is true, we struggle and we keep ourselves restricted from spending a lot because we're allocating money to investing in Bitcoin. When the time comes and we're still holding bitcoin, we'd be happy and thankful to ourselves if that comes.

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June 03, 2023, 12:15:05 PM
 #150

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.
In other words you are trying to hold bitcoins as an investment step that you are doing, but the problem is you lack the money to try to enter the market to collect bitcoins and almost a lot of people are having this kind of problem, not just you and even myself the same. But you don't need to worry because there are ways and approaches that can be chosen through DCA, this potential can provide space for anyone to collect bitcoins and we are only required to consistently take this approach on a regular basis to make it easier for us to collect.

So even though the limited money we have does not create obstacles when we plan to invest in bitcoin and that is why bitcoin is far superior and can maintain the value of the money we have compared to choosing other investment systems. Moreover limited money is a big factor for some people like us, but there is still a way if we want to do it do and dare to take a little risk in it.

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July 05, 2023, 04:17:15 AM
 #151

When bitcoin was worth 18k to 20k, I invested a small amount of money in bitcoin. A few days later I was very happy when the price of Bitcoin was 25k. But unfortunately the price of Bitcoin dropped below 20k again. I still determine with my confidance. I held the bitcoins and believed in Bitcoin. Later, the price of Bitcoin started to rise again. I am very happy about it. Currently Bitcoin price is above 30k. The money that I invested in the beginning, now that money has increased a lot. I will not withdraw this money at this stage. I will hold until the next ATH. Because the next ATH is not far away.

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July 05, 2023, 09:36:47 AM
 #152

I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.
Congratulations on having a small profit investing in bitcoin. I think such amount is too small to invest in bitcoin. With such a small amount, you should choose a small growing value altcoin to invest, the profitability will be better.
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July 10, 2023, 02:40:27 PM
 #153

I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.

Like what everyone has probably mentioned, only invest the money that you can afford to lose and earn at the same time. I do admire your persistence given that you put your extra money in investing in BTC. Normally, people would panic if they see their investments lose its value but you remain level-headed and kept your cool.

These are the signs that you indeed believe that the investments on BTC would reap in the future. Do not worry as these kinds of price changes happen in a daily basis given the volatility of cryptos. Once you understand this concept, you will definitely not be afraid to invest further! I wish you the best of luck, OP!

R


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leonair
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July 10, 2023, 02:44:06 PM
 #154

I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today.

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.

Keep it up, DCA and hold until next ATH if you can !  Smiley

It's a great thing doing DCA but may be difficult sometime to keep till next ATH especially if one is from a country where you struggle to meet daily needs. It really take great endurance for someone suffering when he has something he/she can sell for money. I've seen cases where people almost all what they have in their wallet to solve natural problems. But if one can endure the pains and keep buying gradually without selling, believe me, it will make you laugh at last.
Living in almost every country today requires a lot of money Our income is not enough to cover these expenses.  And that's why saving has become very difficult now.  But if we save some unnecessary expenses and invest a small amount of bitcoins every month or week maybe $1-$10 then it will be a good investment and DCA will follow and if we can save little by little like this for long years.  If so, I think it will serve us very well in old age. it can be a good strategy



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July 10, 2023, 03:34:16 PM
 #155

Bitcoin is a medium to invest in which I can get a lot of profit. I invested some money in Bitcoin long ago when it was worth 15k, now the price of Bitcoin has gone up a lot. Currently its worth above 30 k. The money I invested initially has now doubled. I have benefited a lot from it.
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July 10, 2023, 03:51:50 PM
 #156

Although the amount is not at all large for which you bought it, it’s not scary, but even good. In order to understand how the market works, not a large amount is enough just to learn how to buy and sell. Then just keep buying and the result will definitely surprise you in a few years, but don’t rush and don’t wait for the result tomorrow.

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July 10, 2023, 04:08:47 PM
 #157

it is for this reason that other blockchains and levels above them appear; this helps to unload the core network and reduce transaction fees. It is also worth noting that the asset itself is expensive and cheap transactions on it are very rare. In such cases, it is worth taking a closer look at other projects or planning your transactions now, there are enough various services and monitoring to monitor the price.

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July 12, 2023, 02:05:07 PM
 #158

you have done a good thing, because everyone also knows that the price of bitcoin is indeed quite high and it takes funds to be able to get the maximum value. not discouraging the very commendable intentions that have been made, just a suggestion to continue to make additional investments in bitcoin, because by continuing to add funds, you can be sure that you will get the maximum value from the investment. because if with a small value you can be sure that what you will get from the investment value is not optimal, remember there is still enough time to be able to continue to add funds to buy bitcoins. your actions are clearly correct because you want to continue to hold bitcoin for quite a long time, where indeed bitcoin is very good and will increase when the era of the halving period will occur.

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July 12, 2023, 04:01:50 PM
 #159

Usually any business no matter what you say starts with a small investment because people grow from small. Now you know about Crypto by investing a small amount of money and learning about Crypto slowly. Inshallah your money will increase if you stick with it so never think about it.  That your investment is less if you can invest properly then you can earn a lot of money from this crypto market

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July 14, 2023, 11:54:17 PM
 #160

I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today.

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.

Keep it up, DCA and hold until next ATH if you can !  Smiley

It's a great thing doing DCA but may be difficult sometime to keep till next ATH especially if one is from a country where you struggle to meet daily needs. It really take great endurance for someone suffering when he has something he/she can sell for money. I've seen cases where people almost all what they have in their wallet to solve natural problems. But if one can endure the pains and keep buying gradually without selling, believe me, it will make you laugh at last.

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