I want to fulfill my mother's dream of building a house with Bitcoin.

[_BlackStar]

OP - I support you in achieving your dreams, but stop talking about the virtues you want to do and start achieving them step by step. Talk less and do more - you just need to prove that to your parents, not to the users of this forum.

If you have a budget - trading is not a bad option. But you need to learn a lot about trading because it is an option that carries the risk of losing money if you don't know how it works. Long-term investment is more recommended for you - but you have to know enough about how to get that investment budget. Because you are a student or student - then it feels like it is a difficult choice for you, unless you are already working and earning your own money elsewhere.

[deathcode]

You must pray for me so that I can fulfill my mother's dream.

I don't think anyone would call your desires and hopes ridiculous. In fact, I feel that it is a good intention and I support your intention to make your parents happy and achieve your parents' dreams through your activities in the world of Bitcoin.
Everyone must have intentions, motivation and goals for themselves so that they can continue to be motivated and make maximum effort in the activities we carry out in the cryptocurrency world, whether through trading or investing in Bitcoin.
I think most people who enter the world of Bitcoin today also have the same hope and desire, namely to increase their finances so that they can realize what they hope for and what they dream of, like your dream of building a house from your income in Bitcoin.
Study seriously all trading and investment knowledge and I hope you don't give up easily in learning about trading and remember not to be too greedy in the trading activities you do.
Yes of course, as fellow people who struggle in the world of cryptocurrency, we must wish each other the best for all of us.

[Blitzboy]

You must pray for me so that I can fulfill my mother's dream.

I don't think anyone would call your desires and hopes ridiculous. In fact, I feel that it is a good intention and I support your intention to make your parents happy and achieve your parents' dreams through your activities in the world of Bitcoin.
Everyone must have intentions, motivation and goals for themselves so that they can continue to be motivated and make maximum effort in the activities we carry out in the cryptocurrency world, whether through trading or investing in Bitcoin.
I think most people who enter the world of Bitcoin today also have the same hope and desire, namely to increase their finances so that they can realize what they hope for and what they dream of, like your dream of building a house from your income in Bitcoin.
Study seriously all trading and investment knowledge and I hope you don't give up easily in learning about trading and remember not to be too greedy in the trading activities you do.
Yes of course, as fellow people who struggle in the world of cryptocurrency, we must wish each other the best for all of us.

How do you feel about helping each other achieve our goals in the cryptocurrency world? Very accurate! I get your perspective completely. Everybody has a tale to tell, and each person has a unique journey that defines them, am I right? Like you and me, a large number of people enter the world of Bitcoin with hopes, goals, and aspirations. And, really, who wouldnt want to use their Bitcoin profits to support their family or build a house?

But here's something to keep in mind, while we're pursuing our Bitcoin ambitions, we also need to keep in mind to spend some time in the here and now. Life is whats going on! Avoid losing track of the little things because you are too preoccupied with trading and investing. Key is balance.

And why is it that being greedy is stressed so much? Very good suggestion! Let's continue to support one another and wish each other luck!

[xSkylarx]

Good luck with your hard journey, but I would suggest that you not only focus on the trading that you've stated that you are earning on it because it is not stable, maybe the market goes your way right now but tomorrow don't. Also holding Bitcoin for 4 years is a good idea but it is better to find a job if you've done your education because you can earn money in a stable way and help your parents. Building a house is your dream goal but it is better to prioritize first your family especially your father who may needs a medical attention so save when you can.

[mamesso]

Believe it or not, you would not be who you are today without the help and support of your parents. It is only fitting that a child repays those who have cared for and raised you. The path you take to collect money is very appropriate, the first thing you need to do is understand thoroughly about Bitcoin trading and investment to avoid the risk of loss.

You can do it consistently for a predetermined time limit, the money you earn from trading or investing can be accumulated to speed up the realization of your plan. Believe me, your parents will be very happy if you are able to make this dream come true. Even though the house you build is not too big and cannot be said to be luxurious, they will be very comfortable living in that house.

[bayu7adi]

These four years I will hold my investment and also save the money earned from trading or signature campaign for four years so that after four years I can start building the house. 

You must pray for me so that I can fulfill my mother's dream.

Investing for 4 years still doesn't guarantee whether you can indeed build a house or not. As long as Bitcoin remains volatile, it's like a double-edged sword, and your plans could crumble if the prices tend to be bearish. I don't mean to scare you, but I'm just being realistic about the various possibilities that could occur.

Perhaps income from signature campaigns could help, but not everything will be well-covered by such campaigns. We can't predict how busy or slow signature campaigns will be in the future, but if you're willing to be patient for 4 years, it might cover 50% of your expenses for building a house.

[Inwestour]

Believe it or not, you would not be who you are today without the help and support of your parents. It is only fitting that a child repays those who have cared for and raised you. The path you take to collect money is very appropriate, the first thing you need to do is understand thoroughly about Bitcoin trading and investment to avoid the risk of loss.

You can do it consistently for a predetermined time limit, the money you earn from trading or investing can be accumulated to speed up the realization of your plan. Believe me, your parents will be very happy if you are able to make this dream come true. Even though the house you build is not too big and cannot be said to be luxurious, they will be very comfortable living in that house.

All funds cannot be allocated to trading, even if the OP seems to have enough experience in trading, the risks need to be assessed properly, so most of the bitcoin should be put on hold right now.

And with the remaining funds, if there is such a desire, he can try trading, if he manage to make money, then he will be able to increase the trading deposit, and if he loses money, then it will be the loss of only a small part of the available funds. You need to take care of your investments and not put them at risk, especially when it comes to achieving a big goal for other people.

[tjtonmoy]

As a newbie, starting straight from trading is not the best idea, but you can do it. But I will not suggest doing it because if you invest in Bitcoin, over the time the value will grow and while you learn how to trade the amount you have invested will continue on growing. This is why everyone will always suggest a newbie to do DCA. You keep on accumulating Bitcoin while you learn. That way you get the best of the both world. And as a beginner trader it is not guaranteed that you will always make profit. Even for professional traders, profit and loss is part of the journey.
If you want to fulfill your dream make sure you choose the right path. I'm just giving suggestions. So take the less risky at first and as you move forward the risky path will become easier. I hope this helps and good luck making your dream come true.

[DabsPoorVersion]

As a newbie, starting straight from trading is not the best idea, but you can do it. But I will not suggest doing it because if you invest in Bitcoin, over the time the value will grow and while you learn how to trade the amount you have invested will continue on growing. This is why everyone will always suggest a newbie to do DCA. You keep on accumulating Bitcoin while you learn. That way you get the best of the both world. And as a beginner trader it is not guaranteed that you will always make profit. Even for professional traders, profit and loss is part of the journey.
If you want to fulfill your dream make sure you choose the right path. I'm just giving suggestions. So take the less risky at first and as you move forward the risky path will become easier. I hope this helps and good luck making your dream come true.

As per OP, he gained enough knowledge in trading, meaning, he already checked the things he need to know, research has been done for the basic and such. What he needs now is experience and guidance from people who do day trading. Bitcoin investment can be done while doing trading especially DCA, mostly suggested by people as it is one of the effective way to accumulate bitcoin in bear market and while your are learning about trading. DCA will take a long time to see the expected profit, but effective enough for everyone.

[Smack That Ace]

As a newbie, starting straight from trading is not the best idea, but you can do it. But I will not suggest doing it because if you invest in Bitcoin, over the time the value will grow and while you learn how to trade the amount you have invested will continue on growing. This is why everyone will always suggest a newbie to do DCA. You keep on accumulating Bitcoin while you learn. That way you get the best of the both world. And as a beginner trader it is not guaranteed that you will always make profit. Even for professional traders, profit and loss is part of the journey.
If you want to fulfill your dream make sure you choose the right path. I'm just giving suggestions. So take the less risky at first and as you move forward the risky path will become easier. I hope this helps and good luck making your dream come true.

As per OP, he gained enough knowledge in trading, meaning, he already checked the things he need to know, research has been done for the basic and such. What he needs now is experience and guidance from people who do day trading. Bitcoin investment can be done while doing trading especially DCA, mostly suggested by people as it is one of the effective way to accumulate bitcoin in bear market and while your are learning about trading. DCA will take a long time to see the expected profit, but effective enough for everyone.

Knowledge will not be enough to help you make money from trading if you do not have experience or practical skills, because when talking about trading and making money from it we need more than simply theory. Another thing is that people who start trading need to be mentally prepared that they will lose instead of making profits. I have never seen anyone start trading and be able to make a profit from it in the first years, they have to trade time and money to gain experience before making real money from it.

Holding and DCA are better for OP or anyone because they are simple and also provide significant returns.

[YOSHIE]

You must pray for me so that I can fulfill my mother's dream.

Dude, your actions are not ridiculous, they are noble actions, you need to know that there are various ways a child wants to make him happy, one of which is what you want to do, I pray that your dreams can come true and your dreams can be achieved to buy a house using digital currency/Bitcoin for your mother.

Honestly, I'm happy to hear that you want to do something nice for your mother, which is basically: so that you achieve all your wishes, do something with Bitcoin, for example: trading, investing and so on, I'm sure if you do any of the things I mentioned and I'm sure in the coming year you will have enough Bitcoin to buy a house.

[DabsPoorVersion]

As a newbie, starting straight from trading is not the best idea, but you can do it. But I will not suggest doing it because if you invest in Bitcoin, over the time the value will grow and while you learn how to trade the amount you have invested will continue on growing. This is why everyone will always suggest a newbie to do DCA. You keep on accumulating Bitcoin while you learn. That way you get the best of the both world. And as a beginner trader it is not guaranteed that you will always make profit. Even for professional traders, profit and loss is part of the journey.
If you want to fulfill your dream make sure you choose the right path. I'm just giving suggestions. So take the less risky at first and as you move forward the risky path will become easier. I hope this helps and good luck making your dream come true.

As per OP, he gained enough knowledge in trading, meaning, he already checked the things he need to know, research has been done for the basic and such. What he needs now is experience and guidance from people who do day trading. Bitcoin investment can be done while doing trading especially DCA, mostly suggested by people as it is one of the effective way to accumulate bitcoin in bear market and while your are learning about trading. DCA will take a long time to see the expected profit, but effective enough for everyone.

Knowledge will not be enough to help you make money from trading if you do not have experience or practical skills, because when talking about trading and making money from it we need more than simply theory. Another thing is that people who start trading need to be mentally prepared that they will lose instead of making profits. I have never seen anyone start trading and be able to make a profit from it in the first years, they have to trade time and money to gain experience before making real money from it.

Holding and DCA are better for OP or anyone because they are simple and also provide significant returns.

That's exactly what I said. Op still needs an experience or someone to guide him. Knowledge is not enough to make you a better trader. No one would dare to trade just by doing research and learn a few from trading. With that in mind, what Op also can do is to try things such as joining in group discussion to accumulate different ways/techniques while trading. Aside from that, demo trading can help to practice his skill and try to make use of what he learned.

[Dickiy]

Knowledge will not be enough to help you make money from trading if you do not have experience or practical skills, because when talking about trading and making money from it we need more than simply theory. Another thing is that people who start trading need to be mentally prepared that they will lose instead of making profits. I have never seen anyone start trading and be able to make a profit from it in the first years, they have to trade time and money to gain experience before making real money from it.

Holding and DCA are better for OP or anyone because they are simple and also provide significant returns.

That's exactly what I said. Op still needs an experience or someone to guide him. Knowledge is not enough to make you a better trader. No one would dare to trade just by doing research and learn a few from trading. With that in mind, what Op also can do is to try things such as joining in group discussion to accumulate different ways/techniques while trading. Aside from that, demo trading can help to practice his skill and try to make use of what he learned.

That's right, it means that trading is really a profession that cannot be underestimated, it looks like it's easy but in fact it's very difficult. Agree with you, in fact those who for example already have knowledge in trading cannot if you jump straight in to start investing and more precisely not only that you have to learn but there are still many and must continue to be consistent so that they can continue to grow. I think it is very careless for those who only have a little knowledge but have entered into investing, well maybe you can't wait to get a profit, but will that way you will be able to get the profit you expect? not necessarily and certainly the chances are very small.

I agree with the statement "if you want to get a big fish then the bait you bring must also be big" this logic is quite easy to digest. Even though you already have knowledge if your knowledge is still small then you will still find it difficult to make a profit there, especially consistently, market movements will always be different and that means you need to learn more. Agree with you, there is nothing wrong if we join in the discussion of a group of people because of course there we will get a lot of references that are very likely to be useful for our trading, take the positives and discard the negatives. And also you can practice your knowledge through a demo account for example.

[tjtonmoy]

That's exactly what I said. Op still needs an experience or someone to guide him. Knowledge is not enough to make you a better trader. No one would dare to trade just by doing research and learn a few from trading. With that in mind, what Op also can do is to try things such as joining in group discussion to accumulate different ways/techniques while trading. Aside from that, demo trading can help to practice his skill and try to make use of what he learned.

You are your best mentor. Those guys who teach you will only show you this access and teach you the method they have learned throughout the years. They will never show you the suffering and the mistakes they have made in the past. Trial and error. Doing it over and over again by yourself will increase your learning capabilities. When you experience something on your own and make mistakes, you can easily identify that and fix it later on. But when someone else teaches you something, you may think that you are unable to do what they are doing. Hence, you will learn less.
I'm not a big fan of demo account. Because the man thing that comes first when trading is emotion control. If you don't do it on your own and experience how it feels to lose, you can never learn the real thing. Demo asset won't have the same effect what the real asset have. And also while trading you should only use what you can afford to lose. So starting with a small amount with real money won't make that much of a different, and you will learn the real thing. Demo accounts good help but not as much as the real asset.

[Casdinyard]

Your story’s not so farfetched. Years ago someone had the same idea as you had and just earlier this year he was able to fully-fund a house purchase only using bitcoin. If someone was avle to do it in the past, that’s not ridiculous in my book.

Thing is that it didn’t just took that guy discipline and proper investment strategies to get to where he got now, It also took him dedication to learn new ways to make money in the cryptocurrency world besides conventional means like buy low sell high and holding.

[pinggoki]

Good luck with your hard journey, but I would suggest that you not only focus on the trading that you've stated that you are earning on it because it is not stable, maybe the market goes your way right now but tomorrow don't. Also holding Bitcoin for 4 years is a good idea but it is better to find a job if you've done your education because you can earn money in a stable way and help your parents. Building a house is your dream goal but it is better to prioritize first your family especially your father who may needs a medical attention so save when you can.

Don't scare OP about trading, pretty sure that OP knows what he's doing and I'm sure that OP knows the risks involved. I do agree with your second advice though, having a stable job after finishing school is definitely a good way to build a foundation if you're not the kind that wants to be an entrepreneur, creating a career for some people is fulfilling so it's worth a shot plus a stable income means a consistent bitcoin investment. Another overlooked is to not focus too much on creating a goal, practice consistency and remember that it's important to do self-care, what's the point of building a house if you were to die of overwork or chasing the bag. Also, enjoy life, there's more to it than just making money.

[coin-investor]

I have already gained enough knowledge about trading by being involved with Bitcoin, firstly I want to start my Bitcoin journey through trading, after making some money from trading I plan to invest in Bitcoin for four years. These four years I will hold my investment and also save the money earned from trading or signature campaign for four years so that after four years I can start building the house. 

You must pray for me so that I can fulfill my mother's dream.

You have a solid plan you can manifest if you are dedicated to fulfilling it, trading is hard stuff but since you mentioned that you have enough knowledge about trading it now goes on how you implement it, you can also diversify by offering to teach to people who wants to learn how to trade, you can make Bitcoin out of this.

Everything is possible if you have a plan and dedication, but we all know the market is highly volatile, you must also learn how to address this scenario, it's not always profit in Cryptocurrency so must be fully prepared on how and what action to take in case the market is on winter.

You can build your mother a dream house earlier than four years depending on the market condition.

[m2017]

As ridiculous as it may sound, the truth is that I want to fulfill a dream of building a house with Bitcoin.
My parents took care of me from childhood and they taught me education and they are still trying to teach me education. Father is very old and it is not possible for him to work as he used to, so I myself feel that I should do something. At the moment, if I could somehow earn to help my family or pay for my education, then maybe the pressure on my father would be reduced a lot. I joined Bitcoin to fulfill my dream.

My mother has a dream to build a house, maybe in the future I will have to help her fulfill her dream because my father is spending the money he earns on my education and running the family so at the moment he cannot afford to build a house.

Maybe, in order to justify your parents’ hopes for you and the efforts expended with your education, simply complete your studies, get a specialty and improve as a professional and gradually move towards realizing your dreams? A dream is just a dream because the path to it is not easy and turns out to take longer than we usually expect. Maybe you shouldn’t place your entire bet on just one “horse” and hope that bitcoin will turn out to be a short and easy bridge straight to your dream?

I have already gained enough knowledge about trading by being involved with Bitcoin, firstly I want to start my Bitcoin journey through trading, after making some money from trading I plan to invest in Bitcoin for four years. These four years I will hold my investment and also save the money earned from trading or signature campaign for four years so that after four years I can start building the house. 

Investing in bitcoin for 4 years, do you want to "get into" the 4-year cycle associated with halving? But in order to hit this particular time frame, you will have to start investing at the beginning of the cycle to catch the peak in bitcoin value. If you make a slight mistake, the investment period will be either less than 4 years or more. Also, take into account the fact that with each cycle the duration lengthens slightly. What do I want to say? And the fact is that having an investment strategy is correct and reasonable, but it seems to me that you don't take into account all the nuances, which for a better result would be good to include as well.

You must pray for me so that I can fulfill my mother's dream.

What is your dream? Don't forget about your's too.

[cheezcarls]

Although the future of Bitcoin is still uncertain despite next year and the future halving periods, let's just hope that your wish would finally come true for your mother in spending BTC to build a house for her.

I know how it feels when you've fulfilled your mother's dream. It's a great feeling yes! Let's just hope that we could see another bull run in the future like what we have experienced last 2021 when BTC insanely reached all-time highs of almost $70k.

However, the hype that Elon did back then won't be as the same once another possible bull run happens later on. DCA (dollar-cost averaging) would be your best bet to accumulate Bitcoin when the market is still in status quo as of this time of writing.  

[MFahad]

As you think about the hardwork of your parents that they have done for you so hopefully you will do better than this for your parents. Every child do not think like this and as you are thinking from a little age about doing something special for your parents so this is appreciable.

Bitcoin is a good asset and you can make greater profit from it through investment but remember that don't think about quick profit through trading as those who rushes towards success and do not wait for the better circumstances are always finding defeats.

From signature one can get maximum profit and also by joining different bounties you can earn well but for it you have to do what the bounty manager wants and also you have actual knowledge about crypto market.