Inwestour
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July 13, 2023, 09:35:26 AM |
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I believe that we can ALL collect 3 bitcoins in our life time. I am not saying that it would be easy, right now 3 bitcoins would worth 90 thousand dollars and I think it will keep going higher and higher so it is not going to be easy at all.
However, if you could save some money every month, then you are going to get there eventually and the important thing is not about getting to 3 bitcoins, it is about getting to a higher and higher level all the time, and if you keep having more and more bitcoin, then one day you will be rich. So, let's assume you failed, and you only got 0.8 bitcoins but bitcoin worths 100k, that means you have 80k, which is close to having 3 bitcoin today. That is why we should always be looking for it.
For many on our planet, this amount will be almost unattainable, some cannot even save more than $50 a month, this is about $600 a year and it is not difficult to calculate that in 30 years you will collect no more than $20k. During this time, bitcoin will certainly rise in price and each of us will be able to buy less and less satoshi. Therefore, I think that for many, the goal of 1 bitcoin may be unattainable, let alone 3 or more bitcoins. Of course, it is worth buying, it will bring profit, but if the investment is not significant, then you should not build illusions that this can make you rich in the future.
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Fuso.hp
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July 13, 2023, 10:17:09 AM |
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One should never feel shy to invest if one can afford it. You have the money you put in the bank after 10 years you will see the money you put in bitcoins in your account but when you invest in bitcoins and after 10 years when you check your wallet you will see your money is much wiser received. The money that people keep in the bank is usually kept for a long time. If half of that money can be invested in Bitcoin and the other half can be deposited in the bank, after 10 years you will notice which has increased your money, savings or Bitcoin. Those who understand the fun of investing will never leave money in the bank, they will definitely invest that money.
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cute nmp
Jr. Member
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Activity: 1666
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July 13, 2023, 07:37:47 PM |
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I do limit my investment all the time i never invest what i cannot afford to lose cryptocurrency is very volatile one can easily lose alot of money and vice versa so it is better to take measures and avoid loosing too much funds. We are still in the bear market hopefully the market recovers soon and crypto investments will go back to been profitable again.
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freedomgo
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July 13, 2023, 08:57:12 PM Last edit: July 13, 2023, 09:07:57 PM by freedomgo |
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Limiting your investment will not maximize your profits, hence it will only make you susceptible to losses. That’s why diversifying your investment is highly encouraged because aside that it will attract additional income, it will also help you not to suffer your losses just in a single time. However, if you decide to diversify your investment, see to it that you are also not risking your money into low potential investments, otherwise you will not make any profits at all.
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Hamphser
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July 13, 2023, 08:59:12 PM |
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Limiting your investment will not maximize your profits, hence it will only make you susceptible to losses. That’s why diversifying your investment is highly encouraged because aside that it will attract additional income, it’s will also help you not to suffer your losses just in a single time.
Diversify Expand Broaden These are the things that you should be having in mind because we know that the more source that we do have the more profits that we could be able to make.This is something that we should really be having in mind when it comes to investment the more the better and dont really limit out yourself or making some fixed numbers if ever you could still possibly be able to do so. This is why it would be wise on continuing on expanding since we arent that blind not to see those opportunities that it could really give out on the time that you would be able to see for yourself about its result. Losses is common and normal but you should be having on mind that it would be always important that you would be able to end up profitable or making money in the end.
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South Park
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July 13, 2023, 09:43:33 PM |
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Limiting your investment will not maximize your profits, hence it will only make you susceptible to losses. That’s why diversifying your investment is highly encouraged because aside that it will attract additional income, it will also help you not to suffer your losses just in a single time. However, if you decide to diversify your investment, see to it that you are also not risking your money into low potential investments, otherwise you will not make any profits at all.
An investor will face many difficult decisions during their careers, and while often the most difficult of those decisions is in what assets to invest, a decision which is just as important is how much money you are going to invest in each asset? This is not easy to decide as a poor distribution of our resources will diminish our profits or even produce losses if the distribution is wrong, so anyone out there looking to diversify their investments needs to be very aware of the difficult of the decision they are about to take, and only do so once they are convinced they are taking the right choice.
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Bushdark
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Eloncoin.org - Mars, here we come!
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July 13, 2023, 10:59:18 PM |
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I do limit my investment all the time i never invest what i cannot afford to lose cryptocurrency is very volatile one can easily lose alot of money and vice versa so it is better to take measures and avoid loosing too much funds. We are still in the bear market hopefully the market recovers soon and crypto investments will go back to been profitable again.
The market is going to bexome more volatile soon and I still see some persons not doing the right time. For us to make money in the cryptocurrency market, we don't need to invest our money in new coins that can being launched in the market just because of the profits we want to earn from the market. By the time the bull run finally comes, there is going to be a lots of new projects that is going to be launched and many investors are going to fall for different scam and rug pull that will make different people to lose there funds. We needed to be wise and take our financial decisions very seriously.
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ItsCrafty
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Tontogether | Save Smart & Win Big
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July 14, 2023, 01:00:17 PM |
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I do limit my investment all the time i never invest what i cannot afford to lose cryptocurrency is very volatile one can easily lose alot of money and vice versa so it is better to take measures and avoid loosing too much funds. We are still in the bear market hopefully the market recovers soon and crypto investments will go back to been profitable again.
OK, some may agree with your point, but you cannot limit the investment. Of course, you should take part in trades in which you have good experience and have done a good analysis of them. But, still, sometimes the sudden fluctuations in the market can ruin your entire plan. So it is better to think carefully, do your homework, join the market practically, and prove that your actions are solid and your ratio is better than others. Remember that although investment is risky , but this can said when you do something deliberately in state of complete ignorance.
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Bitcoin_people
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July 15, 2023, 05:40:08 AM |
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I saw something on a friend of mine iPhone I was amazed, this guy has 3 pieces of bitcoin but he didn't look it when you look at him with mere eyes, I ask him how he has come this far, he told long ego he was seriously investing on all kinds of coins with little amount of bitcoin but then most of those coins help him to realized enough amount to buy more bitcoin because that was his primary target. He normally buys those zero value coins when they appreciates it will be enough money, and that's how he convert and swag all to bitcoin and today, he has 3 piece. Is good to be diversified in your investment, somedays something good will come out of one you don't expect.
If this is indeed the case then your friend is a lucky one, he may have already made more than his investment. Your friend may have invested in various altcoins before investing in bitcoins and got huge profits from them and bought bitcoins with them. We have seen some altcoins which give good profit within short period of time if one such investment your friend got good profit from here and invested in Bitcoin. and he started investing from a small amount and gradually increased the number of bitcoins to hold the bitcoins for which he has three bitcoins today. You didn't mention here, when your friend bought the bitcoin because we know the price of bitcoin was very low at one time maybe he could have invested then. And your friend must be risk averse because Bitcoin will at some point be in a position that will make your friend a big guy. If he keeps the bitcoins in a good wallet from now on then it will be good for his money and will be safe.
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petulino
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July 15, 2023, 06:36:38 AM |
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I do limit my investment all the time i never invest what i cannot afford to lose cryptocurrency is very volatile one can easily lose alot of money and vice versa so it is better to take measures and avoid loosing too much funds. We are still in the bear market hopefully the market recovers soon and crypto investments will go back to been profitable again.
There is no doubt that the crypto currency market is a volatile market where the market can go down at any time and the market can go up at any time. So one needs to be very careful here.You are also right that one should always invest what one can afford to lose. Most of the people I have seen invest all their savings in the crypto currency market and often end up losing money due to inexperience. People have heard about getting a good profit here but here you can lose your entire capital. Therefore, complete information and market awareness is very important before entering the crypto currency market. One should start trading only after learning and gaining experience.
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tygeade
Legendary
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July 15, 2023, 08:53:55 AM |
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I believe that we can ALL collect 3 bitcoins in our life time. I am not saying that it would be easy, right now 3 bitcoins would worth 90 thousand dollars and I think it will keep going higher and higher so it is not going to be easy at all.
However, if you could save some money every month, then you are going to get there eventually and the important thing is not about getting to 3 bitcoins, it is about getting to a higher and higher level all the time, and if you keep having more and more bitcoin, then one day you will be rich. So, let's assume you failed, and you only got 0.8 bitcoins but bitcoin worths 100k, that means you have 80k, which is close to having 3 bitcoin today. That is why we should always be looking for it.
For many on our planet, this amount will be almost unattainable, some cannot even save more than $50 a month, this is about $600 a year and it is not difficult to calculate that in 30 years you will collect no more than $20k. During this time, bitcoin will certainly rise in price and each of us will be able to buy less and less satoshi. Therefore, I think that for many, the goal of 1 bitcoin may be unattainable, let alone 3 or more bitcoins. Of course, it is worth buying, it will bring profit, but if the investment is not significant, then you should not build illusions that this can make you rich in the future. It is definitely unattainable for many people and shouldn't be considered. I believe that the best thing to do in this case is to try to reach as high as you can, that is all you can do. Not everyone has to have 1 bitcoin, after all there will only be 21 million bitcoins at max, some of them are already lost, and I mean millions. So in the end, we are 8 billion people, even if just 100 million of them are interested, which is not unlikely, and some of them have thousands even tens of thousands because of how much money they had, that means there will be tens of millions of people who would never have 1 bitcoin. So in the end the important part is to get as much as you can, it can be 0.5, 0.1 or even 0.01 but as long as you have some for your future, that's good.
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shivansps
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July 15, 2023, 09:16:44 AM |
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Your friend is lucky. If he invested in altcoins, maybe that could be the altcoins era that is the time before 2017 when the rally for altcoins was very high. Coins like etheruem at that time were very cheap and ico scam was not that rampant.
Maybe he was part of those who bought bitcoin early like 8 -10 years ago when the price was still below $1k. He is worthy of commending if he actually saw the future from the risk he took because some people saw the opportunity but felt cryptocurrency investment was all fraud.
If he invested in bitcoin 8-10 years ago, then this is a very good decision, as we can see today. But maybe then he should have sold them at the highest price a couple of years ago. Perhaps he, like many people, was waiting for bitcoin to increase in price even more and missed the moment to successfully sell it, then he is most likely now worried about this
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shivansps
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July 15, 2023, 09:26:35 AM |
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Dealing with altcoins is now a very risky business, if he managed to make a profit, then he was really lucky. Now pay more attention to BTC, ETH Indeed, now it is very difficult to find projects that will eventually make it possible to earn money. To do this, you need to spend a lot of time studying projects. Unfortunately, just because it worked for him doesn't mean it can work for everyone. It takes a lot of knowledge and research to invest in zero-value tokens, luck has nothing to do with it. If this story is true, then your friend is well done.
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danherbias07
Legendary
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Leading Crypto Sports Betting & Casino Platform
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July 15, 2023, 10:05:07 AM |
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How lucky of him and that takes courage too. The reputation of Bitcoin a long time ago was not good so people won't buy it. They are not expecting something good will happen from something that cannot be physically seen. Well, here we are now. All those who trusted Bitcoin will reap their rewards. It may have taken a long time but that is still a lot of money and higher profits than saving it in your back for annual interest. I think it also performed better than any other investment funds out there.
I am not that brave before buying but I did accumulate Bitcoin thru faucets. The sad part is I am selling it after I made an amount available to sell. I will not be a hypocrite, I didn't trust Bitcoin in those times too. I was just happy I could make money out of easy faucets.
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CapGelatik
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Merit: 100
Combo Network
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July 15, 2023, 01:51:50 PM |
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Your friend is lucky. If he invested in altcoins, maybe that could be the altcoins era that is the time before 2017 when the rally for altcoins was very high. Coins like etheruem at that time were very cheap and ico scam was not that rampant.
Maybe he was part of those who bought bitcoin early like 8 -10 years ago when the price was still below $1k. He is worthy of commending if he actually saw the future from the risk he took because some people saw the opportunity but felt cryptocurrency investment was all fraud.
If he invested in bitcoin 8-10 years ago, then this is a very good decision, as we can see today. But maybe then he should have sold them at the highest price a couple of years ago. Perhaps he, like many people, was waiting for bitcoin to increase in price even more and missed the moment to successfully sell it, then he is most likely now worried about this it's a shame if he's still waiting to sell Bitcoin, because in the past 8 or 10 years of course his investment has been very successful, even being sold this year still has a high ROI, so there's no problem for investors who have bought Bitcoin in 8 or 10 years ago.
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irhact
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July 16, 2023, 07:50:28 AM |
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Dealing with altcoins is now a very risky business, if he managed to make a profit, then he was really lucky. Now pay more attention to BTC, ETH Indeed, now it is very difficult to find projects that will eventually make it possible to earn money. To do this, you need to spend a lot of time studying projects. Unfortunately, just because it worked for him doesn't mean it can work for everyone. It takes a lot of knowledge and research to invest in zero-value tokens, luck has nothing to do with it. If this story is true, then your friend is well done.
I think luck has everything to do with it because he isn't the only individual investing in altcoins but he was among those that were profitable, others might make the same investment but because of their timing, they might lose. When investing in altcoins you need luck because they're just like gambling nobody knows which altcoins will become the popular coins that gives you big profits which is why individual invest in multiple projects. They do this because they have seen advise on diversifying their investment so they invest in multiple altcoins hoping that one or all will make them millionaires by the next bull market. Many of them gets disappointed and those that were lucky to pick the right coins profits.
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mvdheuvel1983
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July 16, 2023, 11:51:42 AM |
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I saw something on a friend of mine iPhone I was amazed, this guy has 3 pieces of bitcoin but he didn't look it when you look at him with mere eyes, I ask him how he has come this far, he told long ego he was seriously investing on all kinds of coins with little amount of bitcoin but then most of those coins help him to realized enough amount to buy more bitcoin because that was his primary target. He normally buys those zero value coins when they appreciates it will be enough money, and that's how he convert and swag all to bitcoin and today, he has 3 piece. Is good to be diversified in your investment, somedays something good will come out of one you don't expect.
Your friend had a perfect strategy that worked well for him. This goes to show that not everyone listens to the advice of invest only in Bitcoin. I have invested in altcoins in the past and got pretty good profits from it. Swapped them for Bitcoin and did repeated. But then this is not for everyone. If you want to diversify, diversify into a less volatile asset if you can manage the risks involved.
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Ben Barubal
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Activity: 490
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Eloncoin.org - Mars, here we come!
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July 16, 2023, 01:59:09 PM |
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If you are the type of investors who believe in investment, it's really good not to limit yourself to something like this as long as you know how to use a legitimate type of investment such as buying Bitcoin that for sure in the long run can provide us with good earnings in the end when the bull run comes. That's why many people are hoping for the value it can reach by next year.
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Timmzzy
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Activity: 784
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👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
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July 16, 2023, 08:35:17 PM |
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I saw something on a friend of mine iPhone I was amazed, this guy has 3 pieces of bitcoin but he didn't look it when you look at him with mere eyes, I ask him how he has come this far, he told long ego he was seriously investing on all kinds of coins with little amount of bitcoin but then most of those coins help him to realized enough amount to buy more bitcoin because that was his primary target. He normally buys those zero value coins when they appreciates it will be enough money, and that's how he convert and swag all to bitcoin and today, he has 3 piece. Is good to be diversified in your investment, somedays something good will come out of one you don't expect.
Is quite a nice move buddy but in the current situation, then is not now or yesterday, i believe that took place for him around 2017 when bitcoin started gaining masive value with other shit coin which are numerous to mention and when you look at the background aspect many are born with gold spoon in the mouth i guess you understandwhat i meant by that. And so to say not because u have seen him with 3 pieces of BTC and you rush to put your money in it or lets say wanna get enough shit coin and HOPE... well if you have the funds go ahead but DYOR.
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JoyMarsha
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July 16, 2023, 09:30:59 PM |
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Your friend must be fortunate or wise enough to initially consider changing his altcoins to bitcoin. Not everyone who has invested in altcoins benefits from them. Altcoin investment is mostly good for a short-term investment plan not for a long-term goal. Once there are profits in it, you sell it off to avoid losses.
That's what I think your friend learned about altcoin investments, which prompted him to swiftly change them to bitcoin to secure his profits and increase his chances of long-term gains.
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