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Author Topic: "Bitcoin investment is the key to success"  (Read 846 times)
Bananington
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December 02, 2023, 09:19:48 AM
 #61

At least the laptop you got serves the purpose for which it was bought, and that's to help put you in an advantageous position where your chances of earning is doubled. There's no need to cry after having spent whatever amount of BTC on acquiring some piece of property or tool that puts one in a good spot.

Try the DCA strategy of investment by buying some Satoshi at least once every quarter of the year.

A renewed vigour is what OP needs, and the notion that BTC investment is the key to success is skewed to some degree, because you clearly prefer your studies and one truth is that success in your academic work can instantly guarantee success in a chosen career, and means more money. This of which is the future you are headed in.

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December 02, 2023, 09:47:08 AM
 #62

Try the DCA strategy of investment by buying some Satoshi at least once every quarter of the year.

A renewed vigour is what OP needs, and the notion that BTC investment is the key to success is skewed to some degree, because you clearly prefer your studies and one truth is that success in your academic work can instantly guarantee success in a chosen career, and means more money. This of which is the future you are headed in.
Do you recommend continuing to buy Bitcoin now? And up to what price should the OP continue to buy? You understand that in order to get a good profit, the purchase price must be significantly lower than what you will sell, and if the OP buys every quarter, then he can buy at 40k and 50k and so on, what will his average price be then, and how much he can earn, I assume that this will ultimately lead to the fact that his profit will not be very attractive.

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December 02, 2023, 09:54:23 AM
 #63

 If I had held on to my bitcoins I might have made more profit when the bull market started. But I have no way to do this because I don't have money, but I will try to raise money and invest again in bitcoins to hold on. However, I have benefited from selling my bitcoins currently and using them for my needs, but I feel like I missed out on a huge profit.
If you have money to invest it still not late for you to invest in bitcoin, you can still make profit from Bitcoin. Don't force yourself on Bitcoin investment if you don't have money, try to work yourself to be be financially okay, then it will be easy for you to invest in bitcoin but when you have things to do with money it is very difficult for you to take your minds and your eyes off your investment. What you really need to focus on is to have better source of income that will enable you to focus on your investment.
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December 02, 2023, 10:29:31 AM
 #64

There is no hard and fast rule that you must invest the money into Bitcoin even when you don't have money for basic necessities or survival, I would always prefer to invest the money which I have saved additionally which has been accumulated by saving on unnecessary expenses. Whenever you cashout you will feel that you should have hodled it but longer as price continues to increase but luckily we have accumulation period in the name of bear market. Even if you have to cashout you can buy more during these period.

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December 02, 2023, 11:03:10 AM
 #65

Bitcoin investment is not a do or die, when something else is important for your life you need to sell your Bitcoin, I sold mine too when my brother was sick and needed some medical operation, I helped my parents out and to God be the glory he was saved, today I still get some Bitcoin that I am holding for long term, do not look hope yet.

Find other means to make money and buy some Bitcoin even if it's just a little, you can still make good money out of the little Bitcoin you have in your wallet, we still have some months left before the halving and the price of Bitcoin won't shoot up into the sky even after the halving is completed.

Also it's likely that a last black swan event will take place in earlier 2024, just prepare yourself and also make sure that the reason you bought the laptop is what's going to help you, work on that too as it will help you in future, even if you miss the next bull market do not forget that a new bear market will come.

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December 02, 2023, 11:39:27 AM
 #66

Most important if want to be success with bitcoin investment is have much money or capital use for investing, regarding you sold Bitcoin to buy new laptop I don't sure what the next way to be success with bitcoin investment. I know Bitcoin when price under $10,000 last several years with many kinds of free side we can earn much altcoin and use it for investing in bitcoin, but today less of side to earn much money trough online and use as fund for investing in bitcoin. I think not good ideas when selling bitcoin and buy laptop exactly with highest specific exactly you can but middle specific of laptop for spending half your money keep investing in bitcoin.

Today after selling your bitcoin investment you only get one laptop, I sure one or two years later with your investment fund of bitcoin ability to buy more than two until three laptop regarding bitcoin potential will raise to higher price.

 
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December 02, 2023, 11:39:33 AM
 #67

It's not that I'm against Bitcoin; when you say that Bitcoin is the key to success in life, it's not right for me. It can be one of the instruments for us to succeed in life, and here I will agree. But if it seems general, I don't agree.

Because honestly, in 2017, I got better income in altcoins than in crypto through ICO project campaigns, not in Bitcoin these days. But I'm not saying we can't succeed with Bitcoin. What is my point, then? My point is that there are many tools with which we can succeed in this industry; whether it is Bitcoin or cryptocurrency, it just depends on the research we do.

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December 02, 2023, 01:26:21 PM
 #68

Sounds like this fella is regretting for selling his bitcoin for a laptop, you know what op? It's actually bad not to recognise your own level of achievement, it's like your are not appreciative, buying that laptop is for your own good, you have a goal of becoming a freelancer and other, you did very well and you don't know it, what a shame.

Bitcoin is not going anywhere, someone somewhere is just starting his or her Bitcoin journey today and they start acculating already, so there is still time for you, learn what you want to learn first and start making some money, you will even find it easier to DCA into Bitcoin.

Having a source of income can be very helpful when you want to start investing in Bitcoin, you are far better than those that have no job, they will will on panic if Bitcoin dumps because they don't have anymore money to DCA but you having a source of income won't worry you much when price dump, instead you will focus on more accumulation every week.

Step by step OP, step by step.

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December 02, 2023, 06:28:06 PM
 #69

Bitcoin is the key to success. Your experience in this matter was successful and you solved the small and big problems of life with the money you earned from Bitcoin. This is welcome. This is actually based on the fact that most people have had a very good experience with Bitcoin. And he made a good fortune.
As far as I am concerned . My altcoin is a descendant of Bitcoin. In this coin I worked more and my business was also good. And the money earned from this coin solved many problems of my livelihood and I am satisfied with my work.

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December 02, 2023, 07:56:48 PM
 #70

First, I think I will tell you to be glad that you actually made enough profit to be able to solve your financial needs. If you had not invested in Bitcoin earlier on, it means you probably might have been stranded when you needed the money to buy a laptop for your academic work. You don't have to blame yourself; you just have to get done with your academics, get a job, and from your salary, you can still accumulate some bitcoin, even more than you invested the first time.

Sincerely, @OP, Bitcoin might be a key to enabling one to increase their financial status, but Bitcoin is not the only key to success, as you have said in your title. Bitcoin investment is simple, but some who misunderstand it have also not made any success from it. For example, if you have invested like $5000 in Bitcoin when the price was $60k and the price ends up dropping to $30k, and at that point in time, you actually needed the money to settle some financial needs, if your Bitcoin investment is your only option at that moment, you will just end up selling at a loss, which will end up being an unsuccessful investment for you.

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December 02, 2023, 09:56:46 PM
 #71

There's no left for regretting as you did not sell without its purpose, and  since you decide to sell your bitcoin early, then you have now your own laptop without any hussle. Still, that is a big blessing that you have obtained from bitcoin, enough to be thankful for it instead of feeling depressed because you fail to maximize your profits. Bitcoin investment is not all the time for long term, most especially if you face sudden emergency cases that only selling bitcoin would make the best solution.

You see, there's actually nothing to regret. But work on your funds first so you can invest before the bitcoin halving. That way, you can still ride the bullish season where everyone else celebrates with their huge profits.
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December 03, 2023, 08:49:39 AM
 #72

It should be, "Bitcoin investment at the right time is the key to success." because at what price and at what time in the cycle you buy makes a huge difference. People who bought Bitcoin at $69k cannot say the same because they've bought at the wrong time, maybe not completely wrong because they will eventually get in profit if they are patient enough, but because of the wrong timing, they had to wait for years for the market to complete another cycle and then get back. So, timing matters as well.

Anyway, you shouldn't feel bad at all after what you achieved with your investments. Your small investments grown enough to make you capable enough of buying yourself a laptop should be enough for you as it was your first investment and you already achieved something with it where most people barely get anything out of their very first time investing in something.
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December 03, 2023, 10:48:53 AM
 #73

It should be, "Bitcoin investment at the right time is the key to success." because at what price and at what time in the cycle you buy makes a huge difference. People who bought Bitcoin at $69k cannot say the same because they've bought at the wrong time, maybe not completely wrong because they will eventually get in profit if they are patient enough, but because of the wrong timing, they had to wait for years for the market to complete another cycle and then get back. So, timing matters as well.

Anyway, you shouldn't feel bad at all after what you achieved with your investments. Your small investments grown enough to make you capable enough of buying yourself a laptop should be enough for you as it was your first investment and you already achieved something with it where most people barely get anything out of their very first time investing in something.
Timing affects outcomes, but in Bitcoin's chaotic world, the "perfect time" is unclear. The concept that there's a perfect investment time ignores market volatility. Bitcoin prices fluctuate, making the "correct time" retrospectively evident but potentially uncertain. Every investor starts with different goals and thresholds. Some value short-term swings, others long-term gain. Your ability to turn a tiny investment into a concrete asset shows this versatility. Instead of finding the "perfect time", you succeeded by sticking to your investment approach. Dont forget, Bitcoin's value goes beyond price. Decentralized empowerment is demonstrated by this technological and financial breakthrough. Limiting attention to timing and profit ignores this. For its values as well as its prospects, we invest in Bitcoin.

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December 03, 2023, 11:11:51 AM
 #74

Because honestly, in 2017, I got better income in altcoins than in crypto through ICO project campaigns, not in Bitcoin these days. But I'm not saying we can't succeed with Bitcoin. What is my point, then? My point is that there are many tools with which we can succeed in this industry; whether it is Bitcoin or cryptocurrency, it just depends on the research we do.
Not just you, but so many people made a lot of money during the ico craze, but where are those projects today, they have all failed and they scammed so many people before they failed, i don't agree with the op that BTC is the 'key' to success, but as for better profits that you are talking about, it is worth mentioning that altcoin projects are similar to gambling. You nay have made money from ico's, but too many other people got scammed. That is the difference and why you can't really compare it with BTC that has visible usefulness in the society.

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December 03, 2023, 11:17:05 AM
 #75

Bitcoin is the key to success. Your experience in this matter was successful and you solved the small and big problems of life with the money you earned from Bitcoin. This is welcome. This is actually based on the fact that most people have had a very good experience with Bitcoin. And he made a good fortune.

Nothing can be considered as the key to success in life. Every life is different, hence the keys will be different too. Moreover, bitcoin right now and bitcoin in 2017 or 2012 are not the same at all. We are heading to more strict and controlled situation, when governments tightens the possibilities of using crypto. That is why investments in bitcoin may not be as huge-profitable as it has been before.

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December 03, 2023, 01:51:11 PM
 #76

Bitcoin is the key to success. Your experience in this matter was successful and you solved the small and big problems of life with the money you earned from Bitcoin. This is welcome. This is actually based on the fact that most people have had a very good experience with Bitcoin. And he made a good fortune.

Nothing can be considered as the key to success in life. Every life is different, hence the keys will be different too. Moreover, bitcoin right now and bitcoin in 2017 or 2012 are not the same at all. We are heading to more strict and controlled situation, when governments tightens the possibilities of using crypto. That is why investments in bitcoin may not be as huge-profitable as it has been before.

Bitcoin is just a financial instrument like many others, and our success depends entirely on us. We cannot say that only investing in bitcoin can help us succeed , but other fields cannot. And not everyone who invests in bitcoin is rich and successful, many people lose heavily . Therefore, it cannot be said that bitcoin is the key to success, it depends on us.
Bitcoin gives us an opportunity and whether we know how to take advantage of it to turn our dreams into reality depends entirely on each person's efforts .

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December 03, 2023, 02:36:16 PM
 #77

if laptop is need to very urgent so don't hesitate to buy it because now bitcoin price is enough high and it's not guaranteed to it will rocket high, and you can not wait for you expected price, so you should buy a laptop and start make money, it's a good investment to increase your income so anything to regret here.

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December 03, 2023, 03:21:06 PM
 #78

You don't need to regret selling your bitcoin, your knowledge in mid-2022, your choice is right in investing in this asset. You have made a profit from Bitcoin, you have received an item (laptop) from Bitcoin profit. In essence, if there is something urgent or sudden for your education or other reasons, you are not wrong in taking the step of selling the asset.

There are still many ways to multiply our money, it doesn't have to be investing in Bitcoin with prices that are already quite high, there are still many good altcoin projects and the prices are still quite affordable. There's nothing wrong with investing in altcoins, of course if bitcoin soars high the altcoins automatically do too.

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December 03, 2023, 05:08:17 PM
 #79

You don't need to regret selling your bitcoin, your knowledge in mid-2022, your choice is right in investing in this asset. You have made a profit from Bitcoin, you have received an item (laptop) from Bitcoin profit. In essence, if there is something urgent or sudden for your education or other reasons, you are not wrong in taking the step of selling the asset.

There are still many ways to multiply our money, it doesn't have to be investing in Bitcoin with prices that are already quite high, there are still many good altcoin projects and the prices are still quite affordable. There's nothing wrong with investing in altcoins, of course if bitcoin soars high the altcoins automatically do too.

Circumstances will always be a factor in any investment. Not all people could just hold to their assets until satisfactory; there are investors who were forced to act upon the situation such as emergencies and necessary events. Bitcoin is really a profitable investment which would definitely leave you nothing but regrets from selling too early. However, if doing so would aid your problem then I cannot see something wrong from it. The market price will not increase and break the ceiling in an instant which makes sense to say that opportunity to invest will always be there. You may also engage with other tokens as others have said as an alternative.

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December 03, 2023, 05:41:40 PM
 #80

if laptop is need to very urgent so don't hesitate to buy it because now bitcoin price is enough high and it's not guaranteed to it will rocket high, and you can not wait for you expected price, so you should buy a laptop and start make money, it's a good investment to increase your income so anything to regret here.

If the goal is just to invest in Bitcoin, I think this can also be done via a smartphone or tablet device that we already own without having to spend more money to buy a more expensive laptop or PC for that. Someone can easily invest via their smartphone and use the money for purchasing the laptop into their own investment capital so that they can invest much larger capital than just spending it on buying a new device to invest in Bitcoin.

Because this is not a difficult thing for everyone who wants to invest to do, so there is no need to apply the wrong understanding that investing in Bitcoin requires a laptop if someone wants to do it. Just do it with the existing device as long as the device is sufficient for investing and accessing any exchanges and wallets that we need.

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