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Author Topic: Knowing when to own your bitcoin  (Read 864 times)
acener
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February 16, 2024, 09:26:09 PM
 #21

Congratulations on your investment, but that doesn't actually mean you know when to buy or enter the market.
Most of us could say that we have a similar story or achievement, the market or Bitcoin has so many entry point before it pump up and most of us could say that we boight at the right time since it started to pump up.

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February 16, 2024, 09:58:27 PM
 #22

I am not sure how much Bitcoin you have bought. But if the story is true, I have to say you are a lucky investor. You gained more than double if your claim is true. However, without taking risks, anyone can't gain in cryptocurrencies. Because Bitcoin is a highly volatile cryptocurrency, we have to take advantage of that. It's good to see you haven't sold yet, and due to enough patience, you earned a decent amount. I am curious to know how much you bought and where you are holding your bitcoin. I hope it is not in centralised exchanges or in a custodial wallet. 

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February 16, 2024, 10:07:07 PM
 #23

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 what you said is really true, then congratulations! You are among the lucky ones, and if you are still having confidence in bitcoin, then you can just keep on holding your bitcoin. You shouldn’t be in a rush to sell, the bull run hasn’t started yet, so just keep on holding till the bull run starts, and you can make up your mind on what to do.

Can you post your Bitcoin address?
Why will the OP give you his wallet address? If you don’t believe the OP, then it’s left to you. It doesn’t really make sense for you to be asking for his wallet, no one is forcing you to believe what the OP says. You are requesting his wallet address to confirm if the OP is really holding bitcoin. But it’s not your business if I am holding bitcoin. No matter what anyone says, I won’t reveal my wallet address or tell anyone the amount of bitcoin I am holding.

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February 16, 2024, 10:20:05 PM
 #24

There is no time is right to buy Bitcoin you can buy when you have the amount of dollar you want to buy with, there are people who haven't heard about Bitcoin yet but if in future they hear about it they will be interested to be an investor….will you say is the right time for them to buy or not the right time due to the rapid increase in Bitcoin one can choose to buy now that is right time for him others can choose to buy tomorrow that is right time for them.
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February 16, 2024, 10:21:19 PM
 #25

You are very lucky to have bought Bitcoin at that very low price, which should be around the beginning of 2023. I did buy some Bitcoin as of then too, and in 2022, at $18k.

As far as Bitcoin investment is concerned, investors usually make a profit during the bull market because it's always certain that the bull market will come, but those who bought their coin during the bull market will have to wait until another bull market before they get enough profit from their buy price. To be more profitable in crypto, always buy at the right time and also sell at the right time, which depends on how lucky you can be to make about 70% accurate predictions.

You must be really excited now because you have already made a good profit. Also,  know that Bitcoin has more heights to accomplish, which can happen this year through next year, and if you keep holding, you have a chance to earn more profit on your investment.

Most of all, make your security a priority, and don't forget that Bitcoin is a private asset, which means you should not disclose your investment information to anyone you don't trust, or you can still keep everything to yourself.

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February 16, 2024, 10:58:00 PM
 #26

I don't know if you are telling the truth, but if ever you are, you're lucky indeed. The price has made a continuous surge and that makes you even luckier since your profits has grown more as well. Just continue doing that and be more patient while waiting for the final bull run, in the end, you will also be the one to reap and benefit your profits when you have decided to sell all your coins.

 
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February 16, 2024, 10:59:24 PM
 #27

There is no time is right to buy Bitcoin you can buy when you have the amount of dollar you want to buy with, there are people who haven't heard about Bitcoin yet but if in future they hear about it they will be interested to be an investor….will you say is the right time for them to buy or not the right time due to the rapid increase in Bitcoin one can choose to buy now that is right time for him others can choose to buy tomorrow that is right time for them.
what makes the difference in bitcoin investment is the available cash flow to buy as much as you possibly can,  because even if you bought Bitcoin at the current price,  you will still be in profits by the time the bull market comes so for me there is no time such as right time to buy Bitcoin regardless of how much you bought it.

It can only mean something she you want to buy a small portion and holding for just short term,  but as long as long as it is for the long term then pricing bean all all-time high is still a good buy price for Bitcoin.

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February 16, 2024, 10:59:31 PM
 #28

There is no time is right to buy Bitcoin you can buy when you have the amount of dollar you want to buy with, there are people who haven't heard about Bitcoin yet but if in future they hear about it they will be interested to be an investor….will you say is the right time for them to buy or not the right time due to the rapid increase in Bitcoin one can choose to buy now that is right time for him others can choose to buy tomorrow that is right time for them.
Yes there is no definite time or position where you can consider buying bitcoin but that's why there is technicsl analysis and such indicators for you to analysize when is the good time to enter the market, you can't just buy and buy without thinking, even you will going to do DCA you should consider the down and up trade, is better if the bitcoin you brought will only goes up in the long run, I notice your account to be a newly created, believe me investing or buying bitcoin is not that simple, its easy to say you should huy bitcoin and its easy to buy bitcoin, but in terms of earning bitcoin it will be hard road because you will need a lot of patience and dedication in order to leanr how to earn in this field. But yeah, stories like the OP are one of the stories that encourage us that investing in bitcoin will never be too late.

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February 16, 2024, 11:14:19 PM
 #29

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.
No one can guarantee your story is true - but if it is, you're really lucky. The average newbie investor simply cannot resist the urge to hold bitcoin longer when they see big profits. They will even try to sell it just for fear of the price dropping again - but you may beg to differ, but who knows?

Someone after you will probably make a claim that they bought 5 bitcoin at $16K - they made huge profits in the shortest time, exactly the same as your story and we will also have a hard time which is true and which is false.

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February 16, 2024, 11:28:27 PM
 #30

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.
I understand your happiness because you invested the right time in the right way. If you didn't invest the right time, you might not have so much profit. People like you who invested the right time are all profiting and happy today. Since you have achieved so much success early in your life, always make sure to choose the right time to invest. If you can't choose the right time and if you have enough funds, you can continue investing by following the DCA method without sitting back. If you can invest in DCA method then you can have a lot of profit. Wishing you a bright future for your investments, may you go ahead with your investments and reap more profits in the next bull period.

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February 16, 2024, 11:34:21 PM
 #31

Congratulations on your successful Bitcoin investment OP! Your strategic decision to buy at a low price has indeed paid off and it's fantastic to hear about the significant profits you've gained in a short period. The cryptocurrency market can be dynamic and your story reflects the potential rewards for those who take calculated risks. Enjoy your financial satisfaction and the excitement of your successful investmentand so will i i hope haha

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February 16, 2024, 11:43:20 PM
 #32

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.

Just remember that you haven't made any money until you actually sold it and the money is in your bank account or in cash. It's extremely easy to get greedy and think that Bitcoin will rise more and more, and then you will miss out on selling at ATH, and when it crashes, you will wait for it to bounce back at least to that level, which it will probably won't do.
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February 17, 2024, 12:10:29 AM
 #33

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?
I really don't understand the tone of this post: OP said he bought bitcoin at $22k, it's a good move, good price, but I really don't see anything exceptional about that, he pretty much barely doubled his investment, there are shitcoins that do 10x in a week, why should you attack him this way? Now we don't want to believe people who did a simple 2x? I just don't get, am I missing something?

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February 17, 2024, 04:59:31 AM
 #34

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.
What do you think about the other ways? a picture can be photoshopped, a video can be edited.

Showing Bitcoin address and sign a message proving if he has access to the wallet.

No matter what anyone says, I won’t reveal my wallet address or tell anyone the amount of bitcoin I am holding.
Really? you've reveal your address for multiple times and you've joined in a campaign that pays $65/week since Nov 2022 which mean you've at least around $3K or more.

I really don't understand the tone of this post: OP said he bought bitcoin at $22k, it's a good move, good price, but I really don't see anything exceptional about that, he pretty much barely doubled his investment, there are shitcoins that do 10x in a week, why should you attack him this way? Now we don't want to believe people who did a simple 2x? I just don't get, am I missing something?
Obviously there are lot shitcoins can make you rich overnight, but that's not the point.

There are many fake newbies in this forum, that's why I ask the proof.

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adzino
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February 17, 2024, 05:22:05 AM
 #35

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.
Like you said, "lucky for you". Indeed you got lucky. As a newbie investor, you shouldn't go "all in" with all the money you have at disposal. That's a huge risk you are taking. You are happy now, and saying good stuffs about Crypto currencies, but I am pretty much sure the whole tone of yours would have been different if the price went down from $22,000 to something like $10,000. You would be saying it was a big mistake. I have even seen some people starting to call bitcoin scam just because they invested all their money in a shitcoin and lost everything. If you are planning to hold for long term, then yes it is fine. Keep holding, but don't forget to take your profits when it is time.

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February 17, 2024, 06:30:04 AM
 #36

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.


Just remember that the amazing results you are obtaining have nothing to do with your skill and it was just some random luck which helped you, this is important because if you do not remind yourself from time to time about this, you may end up believing that it was your skill which allowed you to get those results.

Which may lead you to sell your coins too early or buy shitcoins believing you can predict the direction of the market, when this is clearly not the case right now.
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February 17, 2024, 06:48:34 AM
 #37

I share the general feeling of not being very enthusiastic about the history of the OP. For a start he says he used all his available capital at the time, so it seems he used money he couldn't afford to lose. It also looks like he bought bitcoin simply for the possible profit and for no other reason. And he got it right just as he could have got it wrong. I would recommend you to learn more about bitcoin, its history and how it works, as well as personal finance before investing again.

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Humblevirus
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February 17, 2024, 06:58:45 AM
 #38

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.

With the astounding return you've made on your Bitcoin investment in such a short amount of time, you are big lucky investor! It's really amazing! Now, if I may give you some advise, I would strongly advise you not to sell off your investment just yet. How come? Well, because I really think that there is a tremendous chance for much more profit from Bitcoin to come soon. You see, we're not exactly in the middle of a bull market boom just yet, but you've made double you money.So, my recommendation is to weather the storm and wait it out to experience the excitement and potential windfall that accompanies a full fledged bull run. History has shown us that during these periods, Bitcoin prices tend to skyrocket, and I have confidence that this time will be no different!

Quote
Why will the OP give you his wallet address? If you don’t believe the OP, then it’s left to you. It doesn’t really make sense for you to be asking for his wallet, no one is forcing you to believe what the OP says. You are requesting his wallet address to confirm if the OP is really holding bitcoin. But it’s not your business if I am holding bitcoin. No matter what anyone says, I won’t reveal my wallet address or tell anyone the amount of bitcoin I am holding.

Honestly, I'm not sure why the member requested the OP to share it wallet address. It's difficult to understand their intentions or what they plan to do with it. If their aim is to verify whether the OP is being truthful or not, I don't believe many other members are concerned about that, as they prioritize privacy more. Understanding how crucial privacy is can be highlighted by its role in safeguarding our funds, making it the primary means of protection
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February 17, 2024, 07:03:29 AM
 #39

as long as we understand the characteristics of the bitcoin market, I don't think there is a problem, you can make profits in a short and large time, so luck is on your side, but as long as we are in the world of cryptocurrency, then one day we will also feel like we have been waiting for a long time, so Don't be surprised later, because that could happen considering that no one knows where the market will move. However, one key is that later prices will experience a bullish season

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February 17, 2024, 07:11:07 AM
 #40

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.
The profit you see now is only on paper, that is, imaginary. You can talk about profit only after selling bitcoin. Frankly, you are a risky guy if you put all your capital on the line. If I were you, the first thing I would do is try to realize the profit - I would sell part of bitcoin in order to return my capital in full. Next, perhaps, I would sell some of the remaining bitcoin in order to get the profit that you are talking about, but don't yet have. As a third step, I would wait for bitcoin ATH with the remainder of btc to increase profitability.

Only after all this one could talk about glad at the sight of the profit received.

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