Popkon6
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 16, 2023, 10:38:06 AM |
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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.
Bitcoin market price fluctuates all the time so it is best if you can invest by looking at DCA. But I want to suggest you that you can trade with Bitcoin. Buy low and sell when the price rises. This way you can keep your assets and earn. And investing is a very good sign that you can own huge dollars for the next future.
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rby
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 16, 2023, 11:56:51 AM |
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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.
You bought bitcoin at 22k and it later dropped to 19k and you complained. Although you were confident that it will rise again. Just yesterday that bitcoin touched 26k, hope you witnessed it. If you don't have money for DCA, you can decide to sell at high such as $26k and wait when bitcoin returns to around 22k you buy again. That would be a good strategy to increase your portfolio instead of leaving your bitcoin to always rise and fall. Gave this advice based on your low budget.
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B_T_C
Newbie
Offline
Activity: 11
Merit: 1
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March 16, 2023, 12:00:42 PM |
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Hey OP, please check my previous post on page 4. Not going to ask again. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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DanWalker
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 16, 2023, 12:24:23 PM |
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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.
Bitcoin market price fluctuates all the time so it is best if you can invest by looking at DCA. But I want to suggest you that you can trade with Bitcoin. Buy low and sell when the price rises. This way you can keep your assets and earn. And investing is a very good sign that you can own huge dollars for the next future. Trading is a good way to increase the number of bitcoins, but trading is not as simple as you think just buy low and sell high. It can be said that trading is not for the masses, and you can also see losers in the market if not investing in shitcoin, it is trading without knowledge. As a newbie as well as with a small amount of capital, I suggest OP continue to implement the DCA strategy, never trade if you don't want to lose all that bitcoin. Don't be greedy and want to get rich quickly, and think that trading is the way to increase bitcoin without knowledge.
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Fesatmas
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 16, 2023, 01:12:34 PM |
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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.
From small investments you will gradually start investing more at a time. As you are a new investor it is better to start investing with small profit in your initial state. and you will never lose faith by investing. Of course, there is no risk of losing money when investing in Bitcoin. so you can earn more profit than you invest in bitcoins later. so you invest in Bitcoin and in future you can earn reputation as a successful investor. Who said investing in bitcoins has no risk of loss, you will lose your money if you trade the bitcoins you have, that is the right answer in my opinion for that. you won't lose any money in bitcoins if you don't sell them long term. as a beginner it is very dangerous to trade bitcoin in the near future. if you don't want to lose your bitcoins and your money in bitcoins you must hold your bitcoins long term 5-10 years to take your expected profit. so in essence if you want to profit in investing in bitcoin you have to hold it in the long term.
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Mr.corol (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 16, 2023, 01:28:01 PM Last edit: March 16, 2023, 01:44:42 PM by Mr.corol |
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Hey OP, is this still your public address? bc1qh78gmkggjujna4rp62995j54h5ek480exn8r6r Let me know and I'll send you some sats. If you don't move them for at least one year I'll send you the same amount again next year. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Please also make sure to store your BTC in an offline wallet and not on the exchange! I don't understand what you want to give me. Thank you, you don't have to give me anything. I didn't ask anyone for financial help. I invested what I could afford. I will invest more when I earn
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Pandu Geddon
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March 16, 2023, 01:35:32 PM |
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Who said investing in bitcoins has no risk of loss, you will lose your money if you trade the bitcoins you have, that is the right answer in my opinion for that. you won't lose any money in bitcoins if you don't sell them long term. as a beginner it is very dangerous to trade bitcoin in the near future. if you don't want to lose your bitcoins and your money in bitcoins you must hold your bitcoins long term 5-10 years to take your expected profit. so in essence if you want to profit in investing in bitcoin you have to hold it in the long term.
Bitcoin for the long term is more advisable. but for beginners, that time is long. and that would suck. Bitcoin trading is indeed risky, but for beginners, it can be changed in medium or short term investment schemes. buy, hold, and wait for the bull and sell moment. buy again when they decline and do such a scheme several times. Beginners prefer the pump to face the market movement with nothing to do, when in fact they are panicking to make their move. skills in planning investments will grow gradually. we can't force someone new to Bitcoin investing to hold long term. it will be difficult to implement.
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B_T_C
Newbie
Offline
Activity: 11
Merit: 1
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 16, 2023, 01:56:34 PM |
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Hey OP, is this still your public address? bc1qh78gmkggjujna4rp62995j54h5ek480exn8r6r Let me know and I'll send you some sats. If you don't move them for at least one year I'll send you the same amount again next year. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Please also make sure to store your BTC in an offline wallet and not on the exchange! I don't understand what you want to give me. Thank you, you don't have to give me anything. I didn't ask anyone for financial help. I invested what I could afford. I will invest more when I earn Ok, I absolutely respect that! I apologize if I offended you. Just thought it might help somehow.
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CODE200
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 16, 2023, 02:25:31 PM |
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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.
From small investments you will gradually start investing more at a time. As you are a new investor it is better to start investing with small profit in your initial state. and you will never lose faith by investing. Of course, there is no risk of losing money when investing in Bitcoin. so you can earn more profit than you invest in bitcoins later. so you invest in Bitcoin and in future you can earn reputation as a successful investor. Who said investing in bitcoins has no risk of loss, you will lose your money if you trade the bitcoins you have, that is the right answer in my opinion for that. you won't lose any money in bitcoins if you don't sell them long term. as a beginner it is very dangerous to trade bitcoin in the near future. if you don't want to lose your bitcoins and your money in bitcoins you must hold your bitcoins long term 5-10 years to take your expected profit. so in essence if you want to profit in investing in bitcoin you have to hold it in the long term. Defenitely right, theres always a risk in crypto especially when you start to do trading. But what I see is in the OP situation, he is new investor where dont have that much knowledge about trading. Even he is just holding his money and selling it, I guess theres still risk on it, just imagine the price of it drop and never goes up again its still a lost on his part right? But I like that he knows how to do holding, because even the price drop from $22k to $19k he manage not to do the panic selling which most new investor always do.
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crunck
Legendary
Offline
Activity: 1176
Merit: 1005
crunck
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March 16, 2023, 02:41:39 PM |
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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.
From small investments you will gradually start investing more at a time. As you are a new investor it is better to start investing with small profit in your initial state. and you will never lose faith by investing. Of course, there is no risk of losing money when investing in Bitcoin. so you can earn more profit than you invest in bitcoins later. so you invest in Bitcoin and in future you can earn reputation as a successful investor. Who said investing in bitcoins has no risk of loss, you will lose your money if you trade the bitcoins you have, that is the right answer in my opinion for that. you won't lose any money in bitcoins if you don't sell them long term. as a beginner it is very dangerous to trade bitcoin in the near future. if you don't want to lose your bitcoins and your money in bitcoins you must hold your bitcoins long term 5-10 years to take your expected profit. so in essence if you want to profit in investing in bitcoin you have to hold it in the long term. Trade can result in the loss of bitcoins, and if you store your bitcoins incorrectly, your bitcoins will be hacked or stolen by others. Also, bitcoin is still a risky investment, there is no evidence that it will increase in price or will continue to exist in the future. But that's bitcoin, the higher the risk, the higher the return.
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Farma
Legendary
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Activity: 2660
Merit: 1002
Leading Crypto Sports Betting & Casino Platform
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 16, 2023, 02:46:18 PM |
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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.
that's a good move. you only need to invest little by little using the money you can afford to lose, and it doesn't disrupt your economy. no need to force to invest a lot, but little by little but consistently. the advice i can give, don't look at the development of the bitcoin price in the near future when you plan to invest in the long term, just aim to buy a few bitcoins every month as your long term investment. when the price of bitcoin goes up very high, you won't realize that you already have a lot of assets too.
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Yatsan
Legendary
Offline
Activity: 2520
Merit: 1234
Leading Crypto Sports Betting & Casino Platform
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March 16, 2023, 02:47:55 PM |
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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.
From small investments you will gradually start investing more at a time. As you are a new investor it is better to start investing with small profit in your initial state. and you will never lose faith by investing. Of course, there is no risk of losing money when investing in Bitcoin. so you can earn more profit than you invest in bitcoins later. so you invest in Bitcoin and in future you can earn reputation as a successful investor. Who said investing in bitcoins has no risk of loss, you will lose your money if you trade the bitcoins you have, that is the right answer in my opinion for that. you won't lose any money in bitcoins if you don't sell them long term. as a beginner it is very dangerous to trade bitcoin in the near future. if you don't want to lose your bitcoins and your money in bitcoins you must hold your bitcoins long term 5-10 years to take your expected profit. so in essence if you want to profit in investing in bitcoin you have to hold it in the long term. Trade can result in the loss of bitcoins, and if you store your bitcoins incorrectly, your bitcoins will be hacked or stolen by others. Also, bitcoin is still a risky investment, there is no evidence that it will increase in price or will continue to exist in the future. But that's bitcoin, the higher the risk, the higher the return. We are aware of all that;volatility, hacking incidents, lack of assurance and such risks. But why do people still engage with this technology? Because they are really down to take the risk in order to gain profit and there's nothing wrong with that but since there are uncertainties of things, then as long as you can endure investment loss, then that would atleast be fine to continue. Likewise with OP; he has nothing much to invest but he still did it. Simply because of his desire to earn profit. No matter how big or small your investment is, if you cannot be firm with the decision then this industry won't be on your side likewise with the other way around. Profit is profit no matter its size is.
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autumnleaf
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March 16, 2023, 02:48:05 PM |
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I suppose I might say that's a decent beginning. Please keep in mind that not all Bitcoin investments result in profits; some losses, perhaps even sizable ones, can happen because the cryptocurrency market is unstable. Just keep buying Bitcoin if you have additional cash, and only then should you hold onto it for a long time.
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Pesona1
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March 16, 2023, 02:49:10 PM |
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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.
Even though it's a little, at least we have an investment that we can make an emergency fund at any time, but I think if we have small funds it's better for us to trade in the market with small altcoins, because that way we can get money or profits faster compared to investing bitcoin, in my opinion, short-term trading is more effective for you to do and at least that way the money will increase little by little, but of course you cannot ignore the risks that exist in every trade or investment.
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Sorryfor
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March 16, 2023, 03:12:12 PM |
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The step you take to hold Bitcoin is good for you. If you hold a small amount for a long time, you won't be able to make as much profit when the price of Bitcoin rises. So you gradually increase your money amount and make some money by trading. and later you understand the position of the bitcoin market and reinvest. Hold your bitcoins for a long time after investing and you will reap the rewards of your patience.
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Comingdown
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March 16, 2023, 04:06:04 PM |
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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.
That's great. As long as you invest the amount that you are willing to lose, keep on doing it. Small investment is still investment and it is nice to take steps to embrace this new technology in terms of currency. However, you should lessen your expectations regarding profit since the lower you invest, the lower the profit. So, you should try to gradually increase your investment while considering your personal expenses. But do know that as you get higher investment, risks are getting higher. So, try to understand the economy and the system so you could make wise decisions in your investment.
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TheUltraElite
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So anyway, I applied as a merit source :)
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March 27, 2023, 02:05:50 PM |
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I suppose I might say that's a decent beginning. Please keep in mind that not all Bitcoin investments result in profits; some losses, perhaps even sizable ones, can happen because the cryptocurrency market is unstable. Just keep buying Bitcoin if you have additional cash, and only then should you hold onto it for a long time.
Market is stable over long time periods. The yearly swing is less than 15% but on short time periods it might seen to be more volatile. Like now the price is back to 27k which is a correction happening after the bullish swing. These ups and downs are how the market keeps itself active and it is upto you how you want to capitalize on it. You might want to play it safe and wait for the price to go back to 25k before buying again or you can buy a smaller fraction now and wait for more drops when you can buy again or sell if the price rises. It is tough to execute, I agree but traders need to get the hang of it over time. Again not everyone will manage to profit from this.
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CryptSafe
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March 27, 2023, 08:49:45 PM |
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OP your move on investing in bitcoin was a good one. You actually got into the market at the right time buying at low was a good strategy which you really too advantage of. I like the fact that you saw the potentials and tapped into it but taking advantage of the market situation in acquiring bitcoin. If I were you and can keep some spare funds which have no issues turning up to in the nearest future, I would use them to accumulate bitcoin in fractions bib by bit until I accumulate in a larger volume looking at the current market situation and taking advantage of it would be my goal because I know for sure that bitcoin would bounce back to a new all time higher than the previous.
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DaNNy001
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March 27, 2023, 09:07:58 PM Merited by fillippone (1) |
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The step you take to hold Bitcoin is good for you. If you hold a small amount for a long time, you won't be able to make as much profit when the price of Bitcoin rises. So you gradually increase your money amount and make some money by trading. and later you understand the position of the bitcoin market and reinvest. Hold your bitcoins for a long time after investing and you will reap the rewards of your patience.
I think he might have understood the principle of being patient, seeing that his investment is really small. Having to be a successful investor you must first of understand that for every bitcoin investment to yeild massive profits, one needs to be really patient with market as its volatility is really strange, a minute the will be high and the next second the price can go really low, so I think every investor needs to fully understand the volatility of bitcoin.
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TribalBob
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March 27, 2023, 09:22:12 PM |
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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.
keep doing it to survive and increase your supply if you are still able, if you are sure that btc will return to 50k $ +, no matter how small your investment is if you are regular then your investment will be big, cheer up friend
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