How I found my financial success in Bitcoin 1 year

[Yatsan]

Just depends on how you would define or give meaning to the qord success. On my end, I do think that there will always be room for improvement; a continuous process of learning. Profit won't determine weather you are successful in this industry or not, but rather your viewpoint of how would this technology be used in the future.

I am buying more bitcoin
Now even though I am at profit and have gained financial knowledge through the help of the bitcointalk forum, I will still buy more bitcoin even at the current price because of my personal belief in bitcoin's ability to cash up with the current market situation to always place me at less risk.

You have gained financial knowledge from this forum, and it is regularly encouraged to keep buying bitcoins consistently so far you can afford to buy without really minding if the prices are up or down, so I am not surprised that that is the action you are taking. Also what is making you not to care much also is because you have experienced success already and you are personally convinced by your success so far that you will be more successful with just some little more effort and investment.

The idea of continuously buying Bitcoin is more likely because of the fact that the market value have increased that much with regards to its last All time high. People are just more confident of how high will its value reach, which also means money ofcourse.

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[Ojima-ojo]

Anyway, maybe there are some of my posts that helped you in anyway possible, and I'm more than happy to know that even though I'm just an average user here.

It shouldn't be a surprise to see your name mentioned here as that I take their contribution seriously and have followed some of their footsteps to become a Bitcoin maximalist, as I have said earlier most of the names mention including yours are those that have mentored me from afar till thos very moment, most of those people were not aware or have any connection or interaction of any form before now.
Just as it's flattering to you so it will be to most of those that will get the noticifacotion of the mentioning here in this thread.


All the same, thank you for all the contributions you made here in the forum, and I am among one those who have read something helpful from you here on bitcointalk.

[dezoel]

Having such success in a single year is great, considering the last year has been terrible, it's even better to think about how you have gone high and did well. I know that many people ended up not believing it could be done ,so this is a proof that it can be done. As long as you keep buying when it is low and you end up selling when it goes up (or even holding) that means you are going to be in profit.

Too many people avoid that simple mindset and they try to get rich quick and those people are the ones that are losing at this moment. If you do not do that and if you end up focusing on just the long term and the fact that it crashes sometimes so you can buy and for you to sell, then I would guess that it would be a better profit for you in a year.

[Russlenat]

The journey of your success is appreciable and I think that everyone should think the way you think because altcoins can give you enhance profit but their future sometime seems to be unsuccessful due to high hazardous situations related to it.

I don't see any person who have made investment in Bitcoin and experience loss instead of those who make wrong decisions during unfavorable conditions. Your future planning of buying more bitcoin will be profitable but I will suggest that you should get your profit and make investment on the value of your profit so it will be perfectly good for your money enhancement.

I believe when you buy bitcoin and hold it for years, it will certainly bring significant profits on you knowing bitcoin’s value is most likely seen to increase in price rather than to see it depreciating in value. Though altcoins are somehow profitable too, but you cannot make an assurance as to how long they will stay profitable. That’s why if you are hodling altcoins, always be alert to sell when it’s peak price has attained before it’s price decline and lose your expected profits in the end.

[Falconer]

Anyway, maybe there are some of my posts that helped you in anyway possible, and I'm more than happy to know that even though I'm just an average user here.

It shouldn't be a surprise to see your name mentioned here as that I take their contribution seriously and have followed some of their footsteps to become a Bitcoin maximalist, as I have said earlier most of the names mention including yours are those that have mentored me from afar till thos very moment, most of those people were not aware or have any connection or interaction of any form before now.
Just as it's flattering to you so it will be to most of those that will get the noticifacotion of the mentioning here in this thread.


All the same, thank you for all the contributions you made here in the forum, and I am among one those who have read something helpful from you here on bitcointalk.

OP, why don't you move this thread to reputation? I mean, the follow-up discussion in your thread seems to be about the success of the trip on the forums instead of the general or specific knowledge discussion about bitcoin. I appreciate your valuable journey on the forums, it's definitely something to be proud of.

So since the discussion in the thread has led to your success then I think my suggestion of moving the thread to reputation makes sense.

[2double0]

Buying btc at lows and at certain intervals are 2 very different criterias. If you bought in when BTC was falling last year, and you are in profit this year, then this thread makes sense. However, with good stories comes bad ones too, so someone's profit is someone's loss. You are lucky to buy it at lows and be confident about your investment, keep it up and keep buying btc in smaller parts after setting some prices reaching where you can buy more.

[cydrix]

Since June of last year, when its price dropped to around $18,000, it appears that you have started to accumulate Bitcoin. It was a smart strategy because real hodlers, who don't give a damn about the price of BTC but keep buying it and amass more and more possession, start to lose patience when there's blood on the streets and people claim that the asset has died and nobody is interested in it anymore. If you're a long-term hodler, this is a great approach to be a good hodler and start making money in a short period of time. But yet, congratulations and best wishes for success on your future endeavors.

[Viscore]

I am buying more bitcoin
Now even though I am at profit and have gained financial knowledge through the help of the bitcointalk forum, I will still buy more bitcoin even at the current price because of my personal belief in bitcoin's ability to cash up with the current market situation to always place me at less risk.

You have gained financial knowledge from this forum, and it is regularly encouraged to keep buying bitcoins consistently so far you can afford to buy without really minding if the prices are up or down, so I am not surprised that that is the action you are taking. Also what is making you not to care much also is because you have experienced success already and you are personally convinced by your success so far that you will be more successful with just some little more effort and investment.

But let us consider that before OP started to succeed in bitcoin, for sure everything started from a scratch, just like anyone else. The big difference is that OP is just determined to succeed in bitcoin because he has faith and high hopes that he will make it big with bitcoin. While others experience losses and eventually quit, OP chose to pursue his goal and now everything paid off.

[jostorres]

OP, why don't you move this thread to reputation? I mean, the follow-up discussion in your thread seems to be about the success of the trip on the forums instead of the general or specific knowledge discussion about bitcoin. I appreciate your valuable journey on the forums, it's definitely something to be proud of.

So since the discussion in the thread has led to your success then I think my suggestion of moving the thread to reputation makes sense.

I don't really see how this thread is a fit for Reputation since it's just a discussion about Bitcoin in general and even if it's a personal story, it's basically related to Bitcoin. If the thread wasn't a fit for this section, it would have already been moved to the related section by now by an admin I'm sure, and if that hasn't been done, it means this is the correct place for this thread.

To OP, you are lucky to be among the people who got the opportunity to invest in Bitcoin when it was pretty low last year, and what I admire the most is your decision to not invest in altcoins and to keep your money safe. It's better to just have your money in stablecoins than investing in altcoins, especially the new ones.

[Peanutswar]

This is a good opportunity that you grab the chance to make an accumulation of a bitcoin I guess as soon as the halving comes it's a good chance to get the profit for the next halving, are you trying to buy every time it dips and waits for the ATH or it's just for a short term investment, we know how does the market volatility work, Its good if you have a chart of it so we can check at the same time your progress and the other members if they want to get ride of it they can check it out by themselves.

[Patrol69]

I am buying more bitcoin
Now even though I am at profit and have gained financial knowledge through the help of the bitcointalk forum, I will still buy more bitcoin even at the current price because of my personal belief in bitcoin's ability to cash up with the current market situation to always place me at less risk.

Congratulations on your success in investing in Bitcoin. It's great to hear someone's success story. After getting success in investing in bitcoins you buy some more bitcoins which is a very good decision for you. Because you have developed a positive mindset. And you decide to invest in more bitcoins in the future.
In the current market price context you should be patient for a while. Because the Bitcoin market is going down gradually.  So investing in Bitcoin at this time is likely to result in some losses. So be patient and invest more when the market is normal. And I wish you success once again by investing for the first time.

[HajiBagi]

Well mate I'm so happy, that you shared your experience and journey all through with us here. I find it inspiring how you have remained only on Bitcoin and made profits from it.
Your idea of being bullish on Bitcoin and ignoring other crypto currencies already paid off and I hope, to learn from your experience and  plan on being as successful as you someday.

Nobody wants to lose money when they invest in cryptocurrencies, which is the most important part of the process. I've never been interested in any other cryptocurrency save bitcoin since I've seen a lot of people buy bitcoin, hold it for a while, and then sell it for a profit. Although there are times when the bitcoin market crashes, this is not the case with other cryptocurrencies, where you risk losing money if you invest in a shit coin.
I didn't mean to imply that no one should invest in anything else from bitcoin; rather, I would advise every novice investor to concentrate on bitcoin rather than any other cryptocurrency because bitcoin has a promising future and it is very difficult to lose money while investing in bitcoin.

[Ojima-ojo]

Well mate I'm so happy, that you shared your experience and journey all through with us here. I find it inspiring how you have remained only on Bitcoin and made profits from it.
Your idea of being bullish on Bitcoin and ignoring other crypto currencies already paid off and I hope, to learn from your experience and  plan on being as successful as you someday.

Thanks mate this have been a great journey with much inspiring but all thank to my noticeably willingness to study extra hard by investing a lot of time into ready, analyzing the general Bitcoin market and being able to take the right steps into acquiring bitcoin along the market sentiments.

The proven fact about bitcoin is that, bitcoin have a long term profitability that allow it holder generate some level of profits, and setting aside some percentage of your income into bitcoin because long term Bitcoin accumulation is what prepare your portfolio for bull market which can come at anytime.

Nobody wants to lose money when they invest in cryptocurrencies, which is the most important part of the process. I've never been interested in any other cryptocurrency save bitcoin since I've seen a lot of people buy bitcoin, hold it for a while, and then sell it for a profit. Although there are times when the bitcoin market crashes, this is not the case with other cryptocurrencies, where you risk losing money if you invest in a shit coin.
I didn't mean to imply that no one should invest in anything else fBitcoincoin; rather, I would advise every novice investor to concentrateBitcoincoin rather than any other cryptocurrency because becaBitcoincoin has a promising future and it is very difficult to lose money while investing in Bitcoin

When it comes to losing it all depends on the accurate calculation and analysis of the market taking into consideration the various variable that suggests to what extent we can base our risk and also making sure to be an advantage whenever we open a buy position.


Because Bitcoin accumulation is best done by, buying low because that is what position the investor for posible profits in the long run.

[uneng]

It's always good to hear success stories related to Bitcoin because this way you become a reference for many potential investors. Keep accumulating more satoshis for the next bull run. Do DCA, if possible. Increasement in price since last year must look minimal compared to the next price range Bitcoin may reach on the next season, after the halving. The expectations are really positive and the investment is opened to everyone, so make sure to enjoy it guaranteeing your ticket towards Bitcoin's next bullish season.

[Silberman]

Well mate I'm so happy, that you shared your experience and journey all through with us here. I find it inspiring how you have remained only on Bitcoin and made profits from it.
Your idea of being bullish on Bitcoin and ignoring other crypto currencies already paid off and I hope, to learn from your experience and  plan on being as successful as you someday.

Nobody wants to lose money when they invest in cryptocurrencies, which is the most important part of the process. I've never been interested in any other cryptocurrency save bitcoin since I've seen a lot of people buy bitcoin, hold it for a while, and then sell it for a profit. Although there are times when the bitcoin market crashes, this is not the case with other cryptocurrencies, where you risk losing money if you invest in a shit coin.
I didn't mean to imply that no one should invest in anything else from bitcoin; rather, I would advise every novice investor to concentrate on bitcoin rather than any other cryptocurrency because bitcoin has a promising future and it is very difficult to lose money while investing in bitcoin.

I think the same, if someone wants to invest in altcoins then that is their right, but a newbie should not do this as they are taking a risk they are simply not prepared to confront, and when they finally realize this was the case the losses they would have accumulated already will discourage them to invest in this market any more money or force them to keep investing in altcoins and hope for a miracle, a miracle that never comes as you may guess.

[Sanitough]

Almost everyone has had a successful journey when they chose bitcoin as their investment asset. Bitcoin is one of the most recommended for you to own and whoever they are in the portfolio regardless of your investment time frame. It is a very wise decision if you also accumulate it when you have income to invest. And if you can afford to hold for long-term, then I think you'll definitely get a worth it return.

But I don't think your thread matters because basically you are just presenting your enthusiasm for bitcoin investment instead of coming up with some interesting ideas for discussion.

Well, this is just a valid proof that when you invest for bitcoin, you will definitely reap satisfying profits especially if you consider it as a long term investment. OP is just so much optimistic about his goal, that’s why no doubt that he has achieved his target goals even in just a year of hodling. Though topics like these are quite common already, but I think another purpose of OP is to encourage everyone particularly for newbies to never be tempted with altcoins and just stick to bitcoin no matter how highly volatile it is.

[Ojima-ojo]

It's always good to hear success stories related to Bitcoin because this way you become a reference for many potential investors. Keep accumulating more satoshis for the next bull run. Do DCA, if possible. Increasement in price since last year must look minimal compared to the next price range Bitcoin may reach on the next season, after the halving. The expectations are really positive and the investment is open to everyone, so make sure to enjoy it guaranteeing your ticket towards Bitcoin's next bullish season.

Yes now is the best time to accumulate more bitcoins since it price is at a discounted price right now, and just like the approach that helped me a lot within this one year is that I never take too much time to consider Bitcoin market trends before making my next Bitcoin purchase and at whatever price I don't care, at that point, all I need is to increase my bitcoin by buying at whatever price he wants.

The last year has been incredible for me simply because I never wait for the price of Bitcoin to drop significantly before a place my next buy order.

[Magic-Money]

That is good to hear mate, thanks for sharing your experience in Bitcoin financial freedom within 1 Year journey successful investment and ready to invest more in Bitcoin, like wise me, Bitcoin is 100% sure to invest and make more profits than in investing alt-coins, most of the alt-coins has nothing to offer but rather to depreciate in value, which Bitcoin is rest of mind investment, and can not be compared among most shit coin's.

[laurenB7742]

It's always good to hear success stories related to Bitcoin because this way you become a reference for many potential investors. Keep accumulating more satoshis for the next bull run. Do DCA, if possible. Increasement in price since last year must look minimal compared to the next price range Bitcoin may reach on the next season, after the halving. The expectations are really positive and the investment is open to everyone, so make sure to enjoy it guaranteeing your ticket towards Bitcoin's next bullish season.

Yes now is the best time to accumulate more bitcoins since it price is at a discounted price right now, and just like the approach that helped me a lot within this one year is that I never take too much time to consider Bitcoin market trends before making my next Bitcoin purchase and at whatever price I don't care, at that point, all I need is to increase my bitcoin by buying at whatever price he wants.

The last year has been incredible for me simply because I never wait for the price of Bitcoin to drop significantly before a place my next buy order.

It can be said that the best time to buy bitcoin has passed, and last year was that great time when bitcoin dropped to $16k. It was also when I focused all my energy on buying as many bitcoins as possible. But if someone missed last year, there is still a chance to own cheap bitcoin, I think as long as it is still highly discounted from the old ATH, we can always buy it whenever we want. Don't wait for a lower price because no one knows what tomorrow's market will be like.
Your story is very inspirational to me, I hope the bitcoins that I own will help me to have the life of my dreams when the next bull season comes.

[Alisha-k]

Your excitement can be felt in your words, it's good to hear this, very impressive but Bitcoin promises even more if you're able to hodl longer. It's never too late to acquire your Bitcoin, Bitcoin will rise again and that's certain but lots of patience would be demanded to achieve that.