Knowing when to own your bitcoin

[Why2why]

My joy of buying bitcoin at the right time when bought my first Bitcoin has been excessive in this period that Bitcoin price have risen continuously.

My story
As a newbie and first-time investor and holder of Bitcoin, I made a decision that has led me to a stage of financial satisfaction within a short time, just by risking the right amount and at the right time.
I bought Bitcoin when the price was low at about $22,000 price and i went all in with the whole capital at my disposal,  as a newbie i was sceptical,  but also i was ready to take that risk.
Luckily for me, Bitcoin is now at 52 thousand dollars, and i feel so excited to see the number of profits that i have accumulated within the shortest time which no other investment can give such profits in such a time frame, so I am glad.

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[Solosanz]

Can you post your Bitcoin address?

I can also say I bought Bitcoin when the price was $1 and hold it until now, I bought Bitcoin when the price was $3K during Covid-19 and sold at $69K etc.

Since you're a very highly smartest person who's know when to own Bitcoin, when and how much the bottom in this year?

[Xal0lex]

Consider yourself lucky. But you can't always count on luck, because luck is a fickle thing and you can't make a lot of money on luck alone. After all, someday you may be unlucky and lose all your money. In investments, luck should be in the last place.

[criptoevangelista]

One suggestion I give you is to study market cycles more, so that when the market changes trend you don't lose all your money...

Use the forum to seek knowledge because the best way to deal with falls is to know exactly what you are doing...

When the market is rising, most people think they are financial market geniuses... But what separates the boys from the men has a name: Bear Market

[Sim_card]

My joy of buying bitcoin at the right time when bought my first Bitcoin has been excessive in this period that Bitcoin price have risen continuously.

My story
As a newbie and first-time investor and holder of Bitcoin, I made a decision that has led me to a stage of financial satisfaction within a short time, just by risking the right amount and at the right time.
I bought Bitcoin when the price was low at about $22,000 price and i went all in with the whole capital at my disposal,  as a newbie i was sceptical,  but also i was ready to take that risk.
Luckily for me, Bitcoin is now at 52 thousand dollars, and i feel so excited to see the number of profits that i have accumulated within the shortest time which no other investment can give such profits in such a time frame, so I am glad.

You must be happy at the profit on your bitcoin investment, bit I will tell you that your have not hodli for up to a circle. If you can hodli your bitcoin in the bear market that is when you are a good hodler. I hope that you don't have plans to sell those bitcoin in the bull market, and if you have plans to to that, then you should have a price target that when bitcoin reaches, you can sell and take profit. This is because bitcoin price will not be bullish alone, the bear market will come after the bull run.

[Ojima-ojo]

Can you post your Bitcoin address?

Its within ops privacy right to either post his bitcoin address to support his or her claims, to me this is not needed and there are many other ways the newbie can prove to us that what he said is actually trues.


But as someone who has also taken such steps in the past and hasn't been around for some time i thing I can say that the ops are very lucky because, from the general understanding of the bitcoin market situations, he/she may not be the only one who has been in high profits because of recent market price where Bitcoin touched almost 52700 be for it a gradual price decline.

[pawanjain]

My joy of buying bitcoin at the right time when bought my first Bitcoin has been excessive in this period that Bitcoin price have risen continuously.

My story
As a newbie and first-time investor and holder of Bitcoin, I made a decision that has led me to a stage of financial satisfaction within a short time, just by risking the right amount and at the right time.
I bought Bitcoin when the price was low at about $22,000 price and i went all in with the whole capital at my disposal,  as a newbie i was sceptical,  but also i was ready to take that risk.
Luckily for me, Bitcoin is now at 52 thousand dollars, and i feel so excited to see the number of profits that i have accumulated within the shortest time which no other investment can give such profits in such a time frame, so I am glad.

If you are saying the truth then you should be happy that your investment has given you good returns.
Although I am not sure how much bitcoin you had bought but it's good to know that you have got 2x returns.
I hope you hold it well and you have an exit strategy planned so that you can enjoy your profits.

[$crypto$]

Can you post your Bitcoin address?

Its within ops privacy right to either post his bitcoin address to support his or her claims, to me this is not needed and there are many other ways the newbie can prove to us that what he said is actually trues.

If you don't believe the OP just assume it's a made-up story. Because someone will not show the bitcoin address there are privacy reasons for me it is quite reasonable.
You can say that it is quite profitable to buy bitcoin at $22,000 if it is true and now it is around $52,000 many people buy in the lowest area before but make sure when you will withdraw the profit, if you wait longer after the halving then it will be better and it could be that the price of bitcoin soars.

[crwth]

Having that price range makes it a great profit with a whopping (130.35%) assuming it is with the spot market. You could've made a lot more if you were to use it in futures but it's really too risky TBH. It's quite hard to trade that if you have less experience but it can happen.

[Ndabagi01]

It only takes courage, enthusiasm, and patience to hold bitcoin for the long term and earn more than 100% of your initial investment. The market movements, which include both upside and downside movements as the market remains volatile, are not for the weak or emotional investors, as they will discourage you and cause you to exit the market prematurely. I just hope you can hold for a longer period of time because bitcoin has not yet reached the expected all-time high that will be following the halving. Given your level of experience in the cryptocurrency market, you can implement some risk management strategies that will benefit you.

[Ricardo11]

Congratulations, you have already earned almost 1.5x your investment. Hope you keep going like this, and hold Bitcoin for a long time. The longer you hold it, the more returns it will give you. Bitcoin price is now 52k and it won't stop here it will go many more, expect the price of bitcoin to cross around 60k in the next bull market. And it will go a long way this year itself so if you hold long term you can reap huge gains.  So just Hold.

[Z-tight]

I bought Bitcoin when the price was low at about $22,000 price and i went all in with the whole capital at my disposal,  as a newbie i was sceptical,  but also i was ready to take that risk.

You were lucky this time, but that does not mean you'll experience the same luck another time, don't buy BTC with all of the money at your disposal. You would struggle to store it for the long term if you do that as you may be forced to sell when you don't want to and maybe at a loss, because you need the money to pay some of your bills urgently.

It is worth mentioning that you should only buy BTC with an amount you can afford to lose, dca strategy helps you control how much BTC you buy, you can use it and buy small portions of BTC regularly, and before you know it you have a lot of coins.

[rachael9385]

the shortest time which no other investment can give such profits in such a time frame, so I am glad.

There's something I don't seems to understand here, are you trying to say that no one have experienced such except you?
Yeah I am very excited to hear that you hold your bitcoin from the time but Bitcoin was 22k and now it's 51k however you are very lucky to be a part of Bitcoiners as we are all profiting for holding this long.
Everyone who's holding Bitcoin for long term knows what they are holding. When you are holding Bitcoin you should know that there are times a lot of temptations will come but if you are a strong holder that knows what Bitcoin is capable of you would know that the problem which you wants to solve are little when you profits from Bitcoin.
People who bought Bitcoin at such range are very lucky to be in touch with it.
 

[darkangel11]

Can you post your Bitcoin address?

Its within ops privacy right to either post his bitcoin address to support his or her claims, to me this is not needed and there are many other ways the newbie can prove to us that what he said is actually trues.

Like what? I'd really like to know how he can prove to us that he owns bitcoin if not by signing a message with his address.
I like to observe the FOMO, just as I like to watch the market go into despair and you can smell the euphoria through the monitor.
It's really interesting that people who hold bitcoin now are happy, but they had the same bitcoin 6 months ago and were sad, like it was some king of burden. Watch how this turns into a level 2 euphoria, when it goes up again and some of them who sold go into buyback mode at $60k

[jossiel]

Congratulations to you.

That's an early win that you can enjoy. If you are comfortable selling now and taking your profit, you're free to do it and then wait for the pullback and buy from there.

But if not, you can keep on holding on since you're in profit, there is no need to pressure yourself of when you're going to take it. Let it flow in the dance of the market.

[Yatsan]

Consider yourself lucky. But you can't always count on luck, because luck is a fickle thing and you can't make a lot of money on luck alone. After all, someday you may be unlucky and lose all your money. In investments, luck should be in the last place.

But we cannot discredit what he have done whether it's just luck or not, having the courage to do so should still be more emphasized in this instance. Let us just hope that he won't be too confident of the profit and to be careless of the possibilities with regards to the next market price behavior of Bitcoin and this market in general.

And as per the right time to invest, there's no such thing to be honest. Just invest when you're ready and once you are aware of how things work in this industry. If you are one of those who are too optimistic of the market price direction, then better yet to pull out your investment or to not invest at all. The market is way too unpredictable 'coz the market prices despite of the increase recently, could still be manipulated and result to a sudden decline or price correction. Be prepared and know how to respond; just if incase it take place any day, know to yourself if you can afford continuing the hold or to take profit for now and wait for another opportunity to enter and maximize the profit.

[Distinctin]

I’m glad to hear that. The way you trusted bitcoin and risk your funds despite of the possibility that you will only lose them in return. That was brave enough. Now, luck has brought you to where you are now. Instead of panicking and selling earlier when there is price correction, but you chose to hold even longer and show more patience in your investment. I guess patience and understanding come with a great reward in the future.

Not all beginners in bitcoin are able to do that. Your faith in bitcoin was certainly deep, and that’s definitely a good thing in you since you are now eligible to reap massive profits. But hold until bull run comes, that’s definitely the perfect time to sell and be in huge profits.

[Dave1]

My joy of buying bitcoin at the right time when bought my first Bitcoin has been excessive in this period that Bitcoin price have risen continuously.

My story
As a newbie and first-time investor and holder of Bitcoin, I made a decision that has led me to a stage of financial satisfaction within a short time, just by risking the right amount and at the right time.
I bought Bitcoin when the price was low at about $22,000 price and i went all in with the whole capital at my disposal,  as a newbie i was sceptical,  but also i was ready to take that risk.
Luckily for me, Bitcoin is now at 52 thousand dollars, and i feel so excited to see the number of profits that i have accumulated within the shortest time which no other investment can give such profits in such a time frame, so I am glad.

Yeah, you can say that everyone is very lucky here as we could have been investing as well since the lowest low of $15,500, two years ago due to the collapsed of FTX. So congrats to you, but this is just the beginning. Don't be excited, just stay calm and if you still have some money, then you can continue to accumulate and stack sats.

I do hope that you didn't sell, not a financial advise. But we are just barely scratching the surface, we really don't know how big this bull run is. Speculation is that it could hit 6 digits in the future. So if you can control your emotions not to sell the better and wait till we hit new all time high, just saying.

[Furious 7]

Luckily for me, Bitcoin is now at 52 thousand dollars, and i feel so excited to see the number of profits that i have accumulated within the shortest time which no other investment can give such profits in such a time frame, so I am glad.

Don't be too complacent friends, indeed when buying at low prices after a bearish run a few years ago until the beginning of the year this month there were indeed a lot of blessings when we bought bitcoin and started to continue doing DCA but in the end when the word profit is short actually don't be too happy with this because even though it's very good for now but you only get the sweet thing now and have never gone through a phase where you have to fight in the turmoil of the mind when bitcoin has decreased and as much as possible your brain stays awake so as not to sell it.

Indeed, buying bitcoin at a low price and selling it at a high price is still the ideal form until now but if in the end you only focus on the profits that you say are short like today without learning more I will make sure it is difficult for you to resist the temptation that occurs in the end.

[serjent05]

@OP this is just the beginning of the Bitcoin surge, if you keep on holding for another year, you might not only get 100% profit.  Many analysts think that the incoming Bitcoin rally will be more rewarding.  Bitcoin might probably reach more than $100k  in its new ATH so hold your horses and don't sell your Bitcoin yet, you might get more profit if you wait for another year.

But you should always be vigilant and updated on the market price since the Bitcoin market is still considered unpredictable, the unknown might happen.  Set your target sell and sell when the market hits it.  Remember you cannot say it is a profit until you cash out.