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Author Topic: How much money can you make by investing in Bitcoin?  (Read 908 times)
cryptoaddictchie
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October 20, 2023, 04:04:13 PM
 #21

Is investing in Bitcoin easy or complicated? Is it possible to achieve success by investing in Bitcoin? The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.
Investing is easy but not sure the term achieved you mean profit gains? Its quite hard to say since bitcoin is volatile and theres a chance to go down than your entry price. But if btc continue to pump in the long term then youll make a lot of profits if you trust it so much. Theres a lot of ways to earn bitcoin especially here on forum but thats only a privilege for signature campaign and forum contributor accepted on such campaigns. Also some from services like translation and signature design amd many more.

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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armanda90
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October 20, 2023, 04:07:02 PM
 #22

Unfortunately, huge capital investing in bitcoin will earn huge profitable and on the contrary with small capital earn small profitable with bitcoin investment. Depend on how much your capital want to invest in bitcoin regarding if you have $10k fund and use invested in bitcoin when raising up above 5% you will earn profit $500. Its simple when counting with how much profitable in bitcoin depend with how much capital having to invest, but don't in pressure condition with small capital still ability for investing in bitcoin and earn much profit later with long term investment strategies.
Small fund is better with long term holding and never adopt as short term trading to earn much profit, but excited with capital above $10k until $20k for investing in bitcoin when under 5% bitcoin up we can earn profit above $500.

R


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Majestic-milf
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October 20, 2023, 04:13:59 PM
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 #23


So let me get this right:
You don't own a single satoshi
You don't know how to even buy some satoshi
Yet despite the above you at no point have asked how to buy Bitcoins or help in acquiring it but went straight to the money making!

Amazing right? I expected the op to end at a better place than there after he gave such precise detail about Bitcoin that we obviously didn't know about, but asking about the benefits of investing in Bitcoin was way below expectations. The question sure looks like what a newbie who's too lazy to research will ask but the starting lines sounded like someone who knew a thing or two.

Quote
The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.
First of all, make your research on what you're investing so you know what you're dealing with; its pros and cons and how to deal with the risks( cause it sure has a lot).
Second, decide on how much you want to use, because as a volatile coin, one ought to use an amount he can afford to lose.
- look for a good cryptocurrency exchange and buy some, then hold..
If you are in a haste to start making profit, then you should first of all understand the dynamics of trading. If you're not feeling so patient you can be a spot trader and sell your Bitcoin but it doesn't assure much profit, unlike when you buy and hold till probably after the bull run then sell.


 

R


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mk4
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October 20, 2023, 04:23:55 PM
 #24

Is investing in Bitcoin easy or complicated? Is it possible to achieve success by investing in Bitcoin?

If you're asking this question, then you'll need to do a good amount of studying.

* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Security related:
* https://chainsec.io
* https://www.lopp.net/bitcoin-information/security.html

If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters


Is it possible to achieve success by investing in Bitcoin? The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.

Asking if you can achieve success by investing in bitcoin is like asking if you can be successful by starting a business. How good will you actually be?


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Wakate
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October 20, 2023, 04:45:35 PM
 #25

Bitcoin is one of the most popular and in-demand coins in the cryptocurrency market. Many are investing on this Bitcoin and even many are investing. When Bitcoin was created, the price of this coin was very low and gradually as time passed, the demand and price of this coin increased. I wish that I invest bitcoins but unfortunately I don't have any bitcoins and don't know how to acquire it. Is investing in Bitcoin easy or complicated? Is it possible to achieve success by investing in Bitcoin? The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.


The question is not how much money we can earn by investing in Bitcoin. The question should be how much can we afford to invest in Bitcoin and for how long are we ready to leave the fund to grow. Bitcoin investment is not a get rich scheme and some people would always ask to know how often they can make money from Bitcoin investment. We need to know how long we can hold Bitcoin and the amount we can invest because this will help us to make a proper plan that will determine whether we are fit to invest or not.

There arf people that are very emotional and can't hold there investments for too long because of market volatility. Volatility of the market is what majorly make se persons to lose money in the market since they will be panicking whether to keep holding or sell there own hold and leave the market in loses.

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October 20, 2023, 04:53:03 PM
 #26

Bitcoin is one of the most popular and in-demand coins in the cryptocurrency market. Many are investing in this bitcoin, and even more are investing. When Bitcoin was created, the price of this coin was very low, and gradually, as time passed, the demand and price of this coin increased. I wish that I invested in bitcoins, but unfortunately, I don't have any and don't know how to acquire them. Is investing in Bitcoin easy or complicated? Is it possible to achieve success by investing in Bitcoin? The main thing is how much one can earn if he invests in Bitcoin and stays for a long time.
Another post from you. Well, I will say, that you don't need bitcoins to invest in bitcoins; you need money to invest in bitcoins. I mean, you have to buy USDT from your local currency, and then you can buy BTC. Or you can also buy BTC directly or use any other currency other than USDT. It's all based on your choice.

And investing in BTC is not complicated; once you get the funds, you can easily buy BTC. If you think you cannot do P2P directly, then you can ask your local community members (from OGz), who will definitely assist you. The buying procedure can also be learned from YouTube. And if you are asking how to make investments in BTC, that can generate you a good profit. Then that's based on the type of investment you are making.

There are two types of investments: trading and holding. In trading, you make trades on a daily, weekly, or monthly basis, while in holding, you hold your assets for more than 2 or 5 years. This time is different for almost every dude. And in my sight, the holding time is the one, which is 4+ years. You have to find yours and to find it, you need a purpose for holding. My purpose is halving and the ATH event, so I will be holding till then.

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October 20, 2023, 05:04:43 PM
 #27

I wish that I invest bitcoins but unfortunately I don't have any bitcoins and don't know how to acquire it.
Let me ask, is it that you don't have money to invest in bitcoin or you don't know how to invest in bitcoin? If you don't have money to invest, then it's understandable, but if you have money and you can't acquire bitcoin, then I will say you are not serious. If you can create a thread on this forum, then you will be able to buy bitcoin. If you need knowledge on how to buy bitcoin, then a lot of people are here who are going to guide you. Also, you don't need a lot of funds before you can invest in bitcoin, you can do that even with a small amount, and if you have a job, you can use even a small percentage of your salary to invest in bitcoin.

Is investing in Bitcoin easy or complicated?
I don't see anything complicated in bitcoin investment, it's something everyone should be able to do. Just have a mobile phone and access to an internet connection, and that's all. You can easily get all the necessary help you need on the forum here, and you can also search for some information on Google.

Is it possible to achieve success by investing in Bitcoin?
A lot of people have achieved success through bitcoin investment, if you invest also, you will also achieve it, but you have to follow rule's to avoid losing your bitcoin. You have to be prepaid to hold for a long time. Don't invest in bitcoin, and be expecting a reward in a short time. Keep in mind that bitcoin investment is not a get-rich-quick investment scheme.

The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.
You can just buy bitcoin and hold. If the bitcoin price is increasing, you should know that the amount you invested will be increasing as well, but if bitcoin is dumping, then the amount that you invested will also be reducing.

I can't tell you how long you should hold your bitcoin, but the only thing I can tell you is that you have to be prepared to hold it for a long time, and whenever you are satisfied with the profit, you can decide to sell.

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October 20, 2023, 05:11:19 PM
 #28

Bitcoin is one of the most popular and in-demand coins in the cryptocurrency market. Many are investing on this Bitcoin and even many are investing. When Bitcoin was created, the price of this coin was very low and gradually as time passed, the demand and price of this coin increased. I wish that I invest bitcoins but unfortunately I don't have any bitcoins and don't know how to acquire it. Is investing in Bitcoin easy or complicated? Is it possible to achieve success by investing in Bitcoin? The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.




This depends on your investment as a whole.

When I first started my BTC journey way back in 2017, the price of 1 BTC was equivalent to around $4,000. At that point, I thought its price was going to stay at that range. A few months passed and it skyrocketed to $19,000 where it reached an ATH for that year. When that happened, I knew that this was something that everything should take advantage of.

To your answer your question, your profit is proportional to the investments that you made. But be reminded that even if you invest money in BTC, there is still no absolute guarantee that you would profit in the end- so invest on your own risk!

R


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October 20, 2023, 06:14:00 PM
 #29

Bitcoin is one of the most popular and in-demand coins in the cryptocurrency market.
I would say the most important one.

Many are investing on this Bitcoin and even many are investing. When Bitcoin was created, the price of this coin was very low and gradually as time passed, the demand and price of this coin increased.
I see that you are well informed about the bitcoin, despite the fact that you are a beginner. Smiley

Why write such platitudes on this forum? Did you really want to surprise with this information?

I wish that I invest bitcoins but unfortunately I don't have any bitcoins and don't know how to acquire it.
What are you saying? But it was already beginning to seem to me that you understood something in the bitcoin. Smiley

You don't need bitcoin to invest in bitcoin. For this you need money.

If you want to invest in bitcoin, then what are you waiting for? Go ahead, but first, study this issue carefully.

Is investing in Bitcoin easy or complicated?
Any “problem” or question seems easy if you know the “solution” or answer to it.

Please take the time to read the necessary information on this forum first. All your questions will find answers on the bitcointalk.

Is it possible to achieve success by investing in Bitcoin?
It all depends on what you understand by the word “success”.

The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.
Any income from investing is obtained after the sale of the “subject” of investment, in this case a bitcoin. Investing doesn't last forever. At one moment a sale occurs and at that moment the investor receives that very “earnings”. 

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October 20, 2023, 06:35:36 PM
 #30

Ofcourse it's really possible to make alot out of your investment on BTC...
All you gotta do is buy and HODL, then wait patiently for ATHs where you can sell and cashback profits.

for your subject topic, it's Impossible to predict what you're gonna be having as your profits - being profitable Isn't even guaranteed... It all depends on your ability to predict and follow the market trend.

Sandra 🧑‍🦰

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October 20, 2023, 07:01:12 PM
 #31

It’s a loaded question & there are too many variables to give a good answer.

  • How much is X investing?
  • How long is X willing to sit on his investment?
  • Will X panic sell when we enter bear market?
  • When during a typical cycle is X buying?

To sum it up, it’s widely accepted that if you buy & HODL for over 5-6 years you will make great profits, probably exceeding anything traditional stocks/savings gives you.

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October 20, 2023, 07:18:01 PM
 #32

Bitcoin is one of the most popular and in-demand coins in the cryptocurrency market. Many are investing on this Bitcoin and even many are investing.
Correct. Bitcoin is a popular coin and the king of coins.

When Bitcoin was created, the price of this coin was very low and gradually as time passed, the demand and price of this coin increased.
Correct. Because people are slowly starting to know the advantages of Bitcoin when comparing it with other coins that have recently appeared in the crypto space.

I wish that I invest bitcoins but unfortunately I don't have any bitcoins and don't know how to acquire it. Is investing in Bitcoin easy or complicated?
You need to remember that investing in Bitcoin will not make you rich in the near future.
The easiest way to get Bitcoin is by buying. Another way to get Bitcoin is through mining.
Investing in Bitcoin is not complicated. After you have done the steps to get Bitcoin, save it in a trusted wallet. My suggestion is to use Electrum wallet and hardware wallet for long term storage.

Is it possible to achieve success by investing in Bitcoin?
Very likely. As long as you are willing to do it in the long term.

The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.
Return of price by a large multiple of the purchase price.
If you ask how to earn income to invest in Bitcoin, you have to work.

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October 20, 2023, 07:22:26 PM
 #33

At least OP did not start by saying I heard about Bitcoin from a friend and or a colleague who told you that I can gain success by investing in Bitcoin just like how other newbies say. OP the truth is investing in Bitcoin can get you up to the sky and as well bring you so down to the bottom. Since you do not have any money yet to invest in Bitcoin then you should take your time to learn about Bitcoin and contribute what you've learned so far here. That alone will get you merited and increase your rank. Before you know it you will be well grounded when it comes to Bitcoin and when you start earning good money you can start your Bitcoin investment. Dont worry its not too late or too early to start investing, even as the process of learning might seems to take some time, you can still invest in Bitcoin anytime anyway.

Another thing is, no one could predict or conclude on how much he/she can make and profit in Bitcoin investment as this depends on the amount of investment and the price of Bitcoin at the time of selling. But unfortunately most persons here are holding for long. With time you will get to understand the reason why they dont sell and make choices on how you  want to go about your own investment.

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October 20, 2023, 07:24:12 PM
 #34

Bitcoin is one of the most popular and in-demand coins in the cryptocurrency market. Many are investing on this Bitcoin and even many are investing. When Bitcoin was created, the price of this coin was very low and gradually as time passed, the demand and price of this coin increased. I wish that I invest bitcoins but unfortunately I don't have any bitcoins and don't know how to acquire it.

How don't you know how to acquired Bitcoin when you're basically saying investing, multiple times in your post. You can acquire Bitcoin by buying or working and getting paid in Bitcoin. Buying is the most popular since you can buy the amount you can afford and there isn't many employers that'll be willing to pay you in Bitcoin if it isn't a job relating to the cryptocurency industry. Many of us missed buying Bitcoin when it was cheaper but we don't have to make same mistakes against as the price will only keep increasing. It'll have some correction but for the long term, the price of Bitcoin will be higher than it currently is because of the law of demand and supply. The more Bitcoin gets popular and gains global acceptance, the higher the price of Bitcoin can climb because more investors will be introduced into the market while the supply of Bitcoin remains fix at 21 million.

Quote
Is investing in Bitcoin easy or complicated? Is it possible to achieve success by investing in Bitcoin? The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.

Investing in Bitcoin isn't complicated, it's the easiest asset to Invest into and that's why we have a lot of amateur inventors in the market. If investing in Bitcoin was complicated Bitcoin won't have achieved all it has achieved in the short period of its existence. You can earn in various ways when you invest in Bitcoin like capital gains which you make when you buy, hodl then sell. You can also earn from trading Bitcoin but this isn't advisable if you don't have the experience on trading although if you're willing and dedicate some time to learning, you can learn how to trade and be making profits from doing so but the most profitable and reliable ways of earning form Bitcoin is buying and holding. In regards to the amount of money you can make from investing in Bitcoin, there's no fixed amount since investing in Bitcoin isn't a ponzi scheme that promise you a fixed ROI.

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October 20, 2023, 08:07:03 PM
 #35

Bitcoin is one of the most popular and in-demand coins in the cryptocurrency market. Many are investing on this Bitcoin and even many are investing. When Bitcoin was created, the price of this coin was very low and gradually as time passed, the demand and price of this coin increased. I wish that I invest bitcoins but unfortunately I don't have any bitcoins and don't know how to acquire it.
You are right about the history of BTC and the investment that BTC is getting and you will be amazed to hear that, BTC covers almost 50% of the overall crypto market industry. BTC is that much popular and that much adopted by crypto users. BTC is the main coin and all other token are known as Alternative cryptocurrencies or ALTs.

And I am confused to hear to your statement that, you wish to invest in BTC but you don't have BTC. I mean, if you don't have BTC then how can it be an investment or in other words, if you have BTC then you have already made a investment, i think you wanted to write, that you don't have fiat or money to buy BTC so you would have a investment in BTC.
Is investing in Bitcoin easy or complicated? Is it possible to achieve success by investing in Bitcoin? The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.
It is both easy and complicated, but you will find your way once you step into it and learn new things that your mind might deny to trust on but you have to and if you think you need more help then you can ask any query about your buying of BTC and how to keep them saved somewhere.

Investing in BTC is not the same for everyone, some make profits and some make losses, it all depends on the methods, and analysis that one can make..

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October 20, 2023, 08:15:08 PM
 #36

Is investing in Bitcoin easy or complicated?

I would love your opinion on this. Do you find investing in Bitcoin easy or complicated? Why?

Is it possible to achieve success by investing in Bitcoin? The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.

It seems that you have already answered that question yourself in your previous topic:

~
But there is still time to invest if you want to make a determined investment as now the price of Bitcoin is very low.

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October 20, 2023, 09:05:12 PM
 #37

Is investing in Bitcoin easy or complicated?  The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.
If you compare Investment in Bitcoin, to Gold, and real estate you would understand very clearly that investment in Bitcoin is very simple and not complicated.

Is it possible to achieve success by investing in Bitcoin?
There is always a risk that is attached to every investment, therefore Bitcoin is not success guaranteed because of its volatile nature.
But if you stomach the volatility and Hodl, you will have a high chance of being successful with your investment.

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October 20, 2023, 10:48:26 PM
 #38

OP, first, if you must make a profit with Bitcoin, then you must be patient, because the price of Bitcoin is very volatile, which is the reason why some people are not able to hold up to their Bitcoin investment for a long time. For example, if you buy Bitcoin when the price is $30k, can you still be patient and keep holding after the price drops to $25k and maybe the price sits at that low price for a very long time, more than you least expect it to, would you still be holding it? Some people don't make profit or might only make small profit with Bitcoin because they don't have the patient to hold it for a long time or they are not also able to withstand the price volatility. If you can hold you Bitcoin for a long time, then you can make profit by investing into it.

while also investing in Bitcoin, ensure to take all the security measures needed to hold your asset so that you will not lose it.

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October 20, 2023, 11:20:57 PM
 #39

OP, first, if you must make a profit with Bitcoin, then you must be patient, because the price of Bitcoin is very volatile, which is the reason why some people are not able to hold up to their Bitcoin investment for a long time. For example, if you buy Bitcoin when the price is $30k, can you still be patient and keep holding after the price drops to $25k and maybe the price sits at that low price for a very long time, more than you least expect it to, would you still be holding it? Some people don't make profit or might only make small profit with Bitcoin because they don't have the patient to hold it for a long time or they are not also able to withstand the price volatility. If you can hold you Bitcoin for a long time, then you can make profit by investing into it.

while also investing in Bitcoin, ensure to take all the security measures needed to hold your asset so that you will not lose it.
This is the case of Bitcoin users, because when it comes to making profit, the Altcoin counterparts may be having the advantage both in excess of wins or loads of losses.
The volatility is the main issue, and I think why Bitcoin remains on top as long term future option for great payouts is the fact that it has been able to manage a safe equilibrium wherein, the gain may not be anything for short holders or traders, but can be very substantial if held for a longer duration with its known strategy, the DCA strategy.

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October 20, 2023, 11:23:29 PM
 #40

I wish that I invest bitcoins but unfortunately I don't have any bitcoins and don't know how to acquire it.
You need money to do that if you want to invest, you can buy. But even if you don't have one, try to look for opportunities like the LEARN feature of Coinbase and other exchanges that offer some altcoins in return for your learning there and testing of the project. From there, you can exchange those into Bitcoin as long as the amount is tradable on any exchange or swaps.

Is investing in Bitcoin easy or complicated?
It's complicated if you don't have money and you don't like to learn. Otherwise, it's easy as it's widely accepted these days and more exchanges to choose from.

Is it possible to achieve success by investing in Bitcoin?
Depending on what type of success you have in mind but yes.

The main thing is how one can earn if he invests in Bitcoin and if he stays for a long time.
Simple: buying low and selling high.

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