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Author Topic: How I found my financial success in Bitcoin 1 year  (Read 648 times)
Ojima-ojo (OP)
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April 19, 2023, 05:48:36 PM
 #1

It's nearly a year since I became a member of the Bitcoin talk forum and I am 100% successful in my bitcoin journey already, you all know how I started unless for few newbies members who may not be around then, I have been passive with my bitcoin accumulation and I give zero attention to shit coins even though other may have different opinions about altcoins but as for me for the past one year, I have been bullish in my Bitcoin approach and for the first time my asset have gain amazed profits.

Below:
https://bitcointalk.org/index.php?topic=5399097.msg60159531#msg60159531
https://bitcointalk.org/index.php?topic=5406050.msg60557459#msg60557459
https://bitcointalk.org/index.php?topic=5414579.msg60991610#msg60991610
https://bitcointalk.org/index.php?topic=5407687.msg60633935#msg60633935

 are list of link to my Bitcoin journey for better understanding of how bullish and enthusiastic I have been in bitcoin and that have paid off significantly by giving me financial stability that allow me make inan dept analysis of finances and investments.
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.

 
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ancafe
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April 19, 2023, 06:23:08 PM
 #2

It's nearly a year since I became a member of the Bitcoin talk forum and I am 100% successful in my bitcoin journey already, you all know how I started unless for few newbies members who may not be around then, I have been passive with my bitcoin accumulation and I give zero attention to shit coins even though other may have different opinions about altcoins but as for me for the past one year, I have been bullish in my Bitcoin approach and for the first time my asset have gain amazed profits.
I'd like to highlight the basic accumulation when you start getting involved in bitcoin, one year with little capital it's nearly impossible to make big profits, unless you try to take a regular approach through DCA to accumulate incremental purchases. You've executed an excellent approach by ignoring altcoins, but there aren't many sources to point me to your initial purchase of bitcoins.

At least when you explain the basic pattern, strategy and purchase amount then many people will probably take the same opportunity as you and that's good for beginners in implementing how to invest in bitcoin, because they have a handle like your strategy and they will make the right decision.

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.
If it's true that you're taking more buying opportunities, I think now is a good time to raise and if the halving happens next year then you're in for a big hit. Your current buying period will probably be much shorter for large returns, as the cycle will repeat itself and bitcoins will return at a higher price.

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April 19, 2023, 06:37:27 PM
 #3

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.

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Nwada001
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April 19, 2023, 06:43:01 PM
 #4

You really had a good, determined start, and determination indeed leads to greater achievement. 
I want to ask, have you started accumulating Bitcoin before its all-time high of $60,000+? If yes, didn't you sell and pick up the profit? 

Accumulating is fine with me, but when doing so, I always have a selling target. I also sometimes know when to stop losing, but that's not my case with Bitcoin. It's also a safer move for you that you avoided all shitcoins. Even though the gains are tempting some times, I do trade the shitcoins, pick up the gains, and move (they are just temporary tokens to buy and sell, not to hodl).

I wish you success with regard to your passion buying. I'm also still accumulating, but not as much. I accumulate more irrespective of different events. Every stakeholder has a different buying strategy. Use a method that works for you.

 
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April 19, 2023, 06:52:49 PM
 #5

It looks like you have started accumulating BTC since June last year when it fell down near $18k. It was a nice approach because when there's blood on the streets and people say that the asset has died and there's no more interest of anybody in it, that's when it begins test the patience of real hodlers who don't give a damn about the price of BTC but keep buying it and gain more and more possession. This is a very good way of being a good hodler and also get into profits in a matter of years if you're a long term hodler. However, congratulations to you and we hope that you excel in your journey ahead.

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April 19, 2023, 06:55:50 PM
 #6

It's nearly a year since I became a member of the Bitcoin talk forum and I am 100% successful in my bitcoin journey already, you all know how I started unless for few newbies members who may not be around then, I have been passive with my bitcoin accumulation


First of all, I congratulate you on your journey of getting knowledge from this amazing forum, and also for your profits that you gained with Bitcoin through that knowledge. It's your love for Bitcoin that made you to stick with it. I believe that's the best decision of your life.

Quote
I give zero attention to shit coins even though other may have different opinions about altcoins but as for me for the past one year, I have been bullish in my Bitcoin approach and for the first time my asset have gain amazed profits.

Your opinion regarding altcoins is not correct and calling them shit-coins is not fair. I know that some of those altcoins can be called shit-coins because they have nothing good to offer and are made of pumping and dumping. But, on the other hand there are some really good and valuable altcoins that have made many traders prosperous.

Quote
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.

That's sounds good because accumulating more bitcoin in current market will increase your profits. Many things are in favor of Bitcoin these days and in coming months the expected price of Bitcoin will surpass $35k, and after that the bull run will start. And, if you are lucky enough then you might get chance to earn 1.5x - 2x return from your investment.




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April 19, 2023, 07:04:10 PM
 #7

I'm pleased to note that you have avoided investing in "shitcoins." I had a similar experience a few years ago, where my portfolio became worthless due to investing in such coins. Since then, I have come to realize that only Bitcoin holds true value. Recently, I have also stayed away from investing in "shitcoins," but occasionally take calculated risks on reputable altcoins such as BNB and Ethereum. By doing so, I have been able to reap the benefits of Bitcoin. I sell when the price is high and accumulate when I believe it is the right time to do so. I encourage you to keep up the good work.

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April 19, 2023, 07:17:42 PM
 #8

I want to ask, have you started accumulating Bitcoin before its all-time high of $60,000+?

OP started accumulating Bitcoins probably around June Last year, in that month the highest bitcoin price was around 32k$ and the lowest was around 17k$.
btw OP I just wondering how much money did you start to buy bitcoin? and how much bitcoin which you already have until now?
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April 19, 2023, 07:24:30 PM
 #9

I've flipped through all four of the topics you listed and I'd like to say that the journey with Bitcoin will always be fun Ojima-ojo rather than starting with a shitcoin that won't end well.
We have no doubt at all that Bitcoin's purpose is quite good and very different from shitcoin which is far from putting the user first.

I really like what you have done.

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April 19, 2023, 07:28:18 PM
 #10

I'm pleased to note that you have avoided investing in "shitcoins." I had a similar experience a few years ago, where my portfolio became worthless due to investing in such coins. Since then, I have come to realize that only Bitcoin holds true value. Recently, I have also stayed away from investing in "shitcoins," but occasionally take calculated risks on reputable altcoins such as BNB and Ethereum. By doing so, I have been able to reap the benefits of Bitcoin. I sell when the price is high and accumulate when I believe it is the right time to do so. I encourage you to keep up the good work.
I also had a period where my portfolio became worthless when I put shitcoins in it, but over the past year I have decided not to look at any more altcoins in my portfolio because it would be so disgusting to look at, now I am focusing more on bitcoin which has more potential big compared to other coins, I also don't count back on other leading altcoins with you mentioning that no but it doesn't matter if you just want to earn then transfer to bitcoin but basically the portfolio you have now bitcoin must be above other percentages.

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.
Keep on accumulating at this core which will save you in the next few years when the price of bitcoin is high, you may be able to buy in a lump sum way but my own way is DCA I always want to increase when there is extra money earned as long as I can make it.

Your journey at the beginning was quite impressive and also a motivation for others. Continue!

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April 19, 2023, 07:47:58 PM
 #11

It's nearly a year since I became a member of the Bitcoin talk forum and I am 100% successful in my bitcoin journey already, you all know how I started unless for few newbies members who may not be around then, I have been passive with my bitcoin accumulation and I give zero attention to shit coins even though other may have different opinions about altcoins but as for me for the past one year, I have been bullish in my Bitcoin approach and for the first time my asset have gain amazed profits.
You have an amazing Bitcoin journey, OP; I am glad you were able to accumulate some Bitcoins in this period of time with the help of the knowledge and understanding you get from this forum; this is the right thing to do because investing in Altcoin is not advisable.

Since the time you started your Bitcoin journey, so many reputable altcoins have crashed due to some silly reasons on centralization, which has created fear in the minds of many investors because now no altcoin is safe.

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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.
OP You have already profited from this even with the knowledge you have gained from the forum; additionally, as you have stated, you are already profiting from your Bitcoin investment, which is very encouraging; therefore, keep investing in Bitcoin and more profit will come later.

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April 19, 2023, 08:43:37 PM
 #12

Well done, OP; you really had a great journey into Bitcoin, not like some of us who fell victim to one scam project or another. My crypto journey was really more of a bad experience; I have invested in a few altcoins that are just worthless today. Although we can't tell what will happen in the future, we only speculate on Bitcoin. But looking into the history of Bitcoin, it has really come a long way. Even when the Bitcoin price fell by 99% in 2011, some people think that was even when Bitcoin would have crashed if it was supposed to, but it did not, and that is really the date I look back to when I hear people talk ill of Bitcoin. Your decision to invest in Bitcoin is really good OP; even if I go into buying a few altcoins now, I don't keep them, I just pick up my little profit after some weeks or a month and move on. holding altcoins is just a waste of time, apart from a few (one or two), I am just using them to add to my portfolio.

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April 19, 2023, 08:47:44 PM
 #13

Congratulations, that was actually a quick gain for you. I still remember my journey that it took me nearly 2 years I guess or a year and several months until I see the effect of my accumulation but then, it's all good. We're all hoping that everyone is going to have the same story as yours that even in less number of time, they'll find success and financial freedom with 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.
I like this attitude, despite of what you've come up with. You'll not stop and that's the nice approach for what you're doing and hopefully, many newbies will learn with this experience of yours and understand that investing in bitcoin isn't an overnight success.

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April 19, 2023, 09:16:03 PM
 #14



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.
I thought of that and wanted to make the thtread in the beginner and help section since then there is more motivation from personal experience and does not create trigger measure Bitcoin discussion.


But if you should spear some time going through that old thread you may find them interesting to make your contributions on those Bitcoin topics, some of the threads have moved over 5 pages already,  so just take your time to go through them.

 
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April 20, 2023, 12:37:36 AM
 #15

I'm pleased to note that you have avoided investing in "shitcoins." I had a similar experience a few years ago, where my portfolio became worthless due to investing in such coins. Since then, I have come to realize that only Bitcoin holds true value. Recently, I have also stayed away from investing in "shitcoins," but occasionally take calculated risks on reputable altcoins such as BNB and Ethereum. By doing so, I have been able to reap the benefits of Bitcoin. I sell when the price is high and accumulate when I believe it is the right time to do so. I encourage you to keep up the good work.

Holding shitcoins is proven to be a waste if you tend to hold for long term.  Shitcoins are subject to pump and dump then worthlessness so when engaging in shitcoins we should always be in our feet and be ready to sell when our holdings increase in price.  Shitcoins are good for short term investment if anyone is for a long term investment, Bitcoin and top altcoins is the way to go.


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.

I think this thread has its value, it is that this should be posted on the proper thread/board, I believe there was an existing thread that is created to compile this kind of topic.  Regardless, posting one's enthusiasm toward Bitcoin has its effect to the reader.  It may strengthen the belief and passion of the reader by the motivational effect of the content of the post.
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April 20, 2023, 01:03:10 AM
 #16

I'm pleased to note that you have avoided investing in "shitcoins." I had a similar experience a few years ago, where my portfolio became worthless due to investing in such coins. Since then, I have come to realize that only Bitcoin holds true value. Recently, I have also stayed away from investing in "shitcoins," but occasionally take calculated risks on reputable altcoins such as BNB and Ethereum. By doing so, I have been able to reap the benefits of Bitcoin. I sell when the price is high and accumulate when I believe it is the right time to do so. I encourage you to keep up the good work.

Shitcoins are only suitable for short-term speculation and should be sold as soon as they are profitable. Your mistake is trusting them too much and holding onto them for a long. Just because you don't profit from shitcoin doesn't mean others will be like you, I still see many people making huge profits from investing in shitcoins. Recently, a memecoin called PePe has given some people more than 500,000% returns, it may not be completely useless, but investing in it is not easy.
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April 20, 2023, 02:07:38 AM
 #17

I enjoyed your presentation and call back of posts made all in a bid to map out and follow a consistent Bitcoin investment strategy over the years.
What I want you to however emphasize on is the strategy you used. As in, was it monthly you stacked up or weekly or is it as you deemed fit?
Did you also have a consistent amount you invested or you made a certain fraction  of investment that was convenient for you?
Lastly, what's your next move, now that you achieved a noteworthy goal of becoming a millionaire via Bitcoin?
I don't know how I might sound by asking, but I too love a good story mostly where one has proven his/her worth firstly to themselves by placing cash where the mouth is.

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April 20, 2023, 02:40:27 AM
 #18

Below:
https://bitcointalk.org/index.php?topic=5399097.msg60159531#msg60159531
https://bitcointalk.org/index.php?topic=5406050.msg60557459#msg60557459
https://bitcointalk.org/index.php?topic=5414579.msg60991610#msg60991610
https://bitcointalk.org/index.php?topic=5407687.msg60633935#msg60633935

 are list of link to my Bitcoin journey for better understanding of how bullish and enthusiastic I have been in bitcoin and that have paid off significantly by giving me financial stability that allow me make inan dept analysis of finances and investments.
I am buying more bitcoin

When you say you have everything invested in bitcoin, in the first link, and here you say you buy more bitcoin, it is better if you specify, because it is not the same if you live with your parents and invest $50 a month than if you earn $100,000 a year and are investing half, although from what you say in the thread about being satoshis millionaire it seems to me that the reality is going to be something more similar to the former.


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April 20, 2023, 02:43:34 AM
 #19

I'm pleased to note that you have avoided investing in "shitcoins." I had a similar experience a few years ago, where my portfolio became worthless due to investing in such coins. Since then, I have come to realize that only Bitcoin holds true value. Recently, I have also stayed away from investing in "shitcoins," but occasionally take calculated risks on reputable altcoins such as BNB and Ethereum. By doing so, I have been able to reap the benefits of Bitcoin. I sell when the price is high and accumulate when I believe it is the right time to do so. I encourage you to keep up the good work.

Holding shitcoins is proven to be a waste if you tend to hold for long term.  Shitcoins are subject to pump and dump then worthlessness so when engaging in shitcoins we should always be in our feet and be ready to sell when our holdings increase in price.  Shitcoins are good for short term investment if anyone is for a long term investment, Bitcoin and top altcoins is the way to go.


According to me, investing in shitcoins is like gambling, so I don't think we should waste time with them. Although there are still some lucky people who can make profits from shitcoins, those lucky people count on their fingers, and most of them are losses.
It is better to focus mainly on bitcoin, and if we want to make more profits, then choose altcoins that are considered by the community as potential, we can try a little with them. The risk is also not too high, and the chances of profit-making will be more obvious than with shitcoins.

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MusaMohamed
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April 20, 2023, 10:51:06 AM
 #20

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.
Congrats you for your successful investment in Bitcoin in the last one year. It is your good debut with Bitcoin and with a halving ahead, I am sure you will get a successful investment.

It's impressed to know you are continuing to buy more bitcoins. It's good.

I want to remind you to split your bitcoins into different wallets, not different addresses in a same wallet. And you should save backups of those different wallets at different places. Just to be safe if one of your wallets is compromised, you will have your bitcoin in another/ other wallets and won't have empty hands.

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