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Author Topic: Knowing when to own your bitcoin  (Read 864 times)
Judith87403
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February 22, 2024, 02:13:25 PM
Merited by fillippone (1)
 #101

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 are very lucky to have utilize the opportunity when the Bitcoin price was that low, it seems you invested huge for you to have seem such excited, actually it was wise for you to have invest on Bitcoin then because there are people who are still waiting for the Bitcoin price to drop more before they could invest and the price keep going higher so I believe that every moment is actually good for people to invest on Bitcoin.

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February 23, 2024, 10:54:47 AM
 #102

You are very lucky to have utilize the opportunity when the Bitcoin price was that low, it seems you invested huge for you to have seem such excited, actually it was wise for you to have invest on Bitcoin then because there are people who are still waiting for the Bitcoin price to drop more before they could invest and the price keep going higher so I believe that every moment is actually good for people to invest on Bitcoin.
Every time the Bitcoin price is good for entering Bitcoin, but you also have to consider whether you are entering at a price that is good enough to support the profits you will get. If the target price you want is still quite far away or at the new ATH the current price is certainly still more than half of it. We will see bitcoin rise higher from now if it holds for the long term. You only need to make purchases in stages to get a good purchase price, it must be managed well.
Miles2006
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February 23, 2024, 11:46:25 AM
 #103

This is actually encouraging to other newbies to accumulate bitcoin now and stop procrastinating, knowing the right time to buy bitcoin just depends on your choice cause after the bull market people still want to accumulate during the bear market and people like this intend to hold for 3_ 5 years. Holding bitcoin for long term is more beneficial.
With the way you sound it seems you're over excited, being over excited with the price is not bad but you should never get too excited and sell without reaching your investment plan, when holding bitcoin learn how to exhibit the mindset of long term cause we have a lot of investors that has achieve more but still holding.

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Natalim
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February 23, 2024, 11:59:21 AM
 #104

This is actually encouraging to other newbies to accumulate bitcoin now and stop procrastinating, knowing the right time to buy bitcoin just depends on your choice cause after the bull market people still want to accumulate during the bear market and people like this intend to hold for 3_ 5 years. Holding bitcoin for long term is more beneficial.

Apparently, it was not necessary to know when to buy but doing this during the dip is the best time. Unfortunately, the current situation is not bearish anymore, we missed the chance to buy Bitcoin when it was just $25k-$30k. However, this never means that buying is over as we still have the chance to earn some profit even buying at $50k. We might thought it was expensive and too late already but ATH has not yet happened, if we can wait, we still make some.
A real investor doesn't think it is over but instead, they will think there is still a chance left. I don't think it was hard to wait and hold for a year if our goal is to earn more.

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February 27, 2024, 10:33:22 PM
 #105

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.



Do you really feel you are smart, I have been wondering how many Bitcoin you bought to have given you financial satisfaction within the shortest time frame so funny. Am putting it to you that you don't have any stash in your portfolio and when next you want to lie you have to be more smarter. I will advice you do more reading to enable you contribute meaningfully. However there is no point bordering about knowing when to buy, you can buy anytime at any price with your dca strategy so far your are buying to hodl, Bitcoin is best when seen in long term perspective to enable you have a compounding of your invested value.

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SeriouslyGiveaway
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February 28, 2024, 08:40:43 AM
 #106

Congratulations on your very good profits with your Bitcoin investment. I believe that this initial gain will give you quite a bit of confidence, and it will sometimes cause you to ignore warnings when the market enters a correction period. Have you ever thought about what you will do when Bitcoin drops from 52k USD to 30k USD (profit will decrease when quite a lot), will you sell or continue to hold? Investing is a long road, I agree that Bitcoin and the cryptocurrency market are the fastest and most attractive investment markets, but if you do not have a clear plan for your investment, you will easily get caught up in the psychology of the crowd (sell when scared - buy back when the market rises).
I was once like you, extremely excited when I just invested and earned almost double the profit. At that time, I thought I was very good and understood this market well, so I kept buying and reselling it because I thought I would quickly make a profit. But after a period of looking back, I didn't make much money during that whole process instead of just holding it long-term, it would have given me much larger profits.
Why2why (OP)
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April 07, 2024, 11:46:09 PM
 #107

Can you post your Bitcoin address?


Is that the rules in this forum, that everyone that posts about Bitcoin purchase must post his or her Bitcoin wallet address to prove a point, and why should anyone say he bought Bitcoin when in reality is not so?

May be there is more I should learn along the buying Bitcoin and making my excitement known to fellow forum mates
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April 07, 2024, 11:54:27 PM
 #108

if you think that having Bitcoin is important and it will give you a big help in the future you will try to have it no matter what happens. because you saw it with great potential.

So when you have a chance to have this, you won't waste anything to buy little by little and hold it long-term for your good future or your loved one.

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April 07, 2024, 11:57:18 PM
 #109

Congratulations to you on you big profit mate. People who bought at that price and ar still holding till this very moment at currently on big profit and this has to do with patient in investment. OP you have done well. This means you are a patient investor and can good for a very long time. If I were the owner of that  btc you bought I could hold it further till after the bull run to see how far I can go with my investment to make more profits.


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cryptoWODL
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April 08, 2024, 07:07:42 AM
 #110

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.
Congratulations on earning a profit from your Bitcoin investment. As an investor I am also happy to see the profits of your invested bitcoins. In fact, when you bought bitcoins, the price of bitcoins was very low, so maybe that was the best time to buy bitcoins. If we consider from the time when you bought Bitcoin for investment till now, we can see a lot of upward trend in the market. You mentioned that you bought Bitcoin when it was $22,000, but since then the price of Bitcoin has gone up a lot and reached a unique high.

As we saw the price of Bitcoin touch the new ATH if you were able to hold on to the Bitcoin at that price then you faced much more profit. Which will make you much more happy because you have gained more. People like you who bought Bitcoin at that price and managed to hold until the new ATH record will be much more profitable and happy. That's why we should buy bitcoins and hold them for a long time with patience.

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April 08, 2024, 07:29:11 AM
 #111

Congratulations to you on you big profit mate. People who bought at that price and ar still holding till this very moment at currently on big profit and this has to do with patient in investment. OP you have done well. This means you are a patient investor and can good for a very long time. If I were the owner of that  btc you bought I could hold it further till after the bull run to see how far I can go with my investment to make more profits.
OP has done very well and of course because of his patience and also his belief in Bitcoin, that in the long run Bitcoin will provide huge profits for him.
And if OP has the ability to be more patient and is not tempted to sell because OP has now made a profit of 3x the purchase price of $22,000, then currently the Bitcoin price is approaching $70,000. And we will soon pass the halving and if OP still holds or makes purchases during the journey, then OP will get much bigger profits after passing the halving. And I congratulate the OP and keep the enthusiasm to achieve much greater profits from Bitcoin in the long term.


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April 08, 2024, 08:23:03 AM
 #112

Congratulations to you on you big profit mate. People who bought at that price and ar still holding till this very moment at currently on big profit and this has to do with patient in investment. OP you have done well. This means you are a patient investor and can good for a very long time. If I were the owner of that  btc you bought I could hold it further till after the bull run to see how far I can go with my investment to make more profits.
OP has done very well and of course because of his patience and also his belief in Bitcoin, that in the long run Bitcoin will provide huge profits for him.
And if OP has the ability to be more patient and is not tempted to sell because OP has now made a profit of 3x the purchase price of $22,000, then currently the Bitcoin price is approaching $70,000. And we will soon pass the halving and if OP still holds or makes purchases during the journey, then OP will get much bigger profits after passing the halving. And I congratulate the OP and keep the enthusiasm to achieve much greater profits from Bitcoin in the long term.

OP continuing to hold or selling a portion are both good options. To be honest, we all hope that bitcoin will rise in price and break its ATH again soon, but we have no guarantee that will happen for sure and profit taking has never happened. now it's wrong. If it were me, I would sell 20% of my bitcoin holdings and I can enjoy my results, but in case I don't need the money yet. I will use that money to wait for the opportunity for bitcoin to adjust to buy back bitcoin at a better price. The long-term holding option is not bad because OP has acquired a buying position at a very nice price.

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April 08, 2024, 09:23:59 AM
 #113

Can you post your Bitcoin address?


Is that the rules in this forum, that everyone that posts about Bitcoin purchase must post his or her Bitcoin wallet address to prove a point, and why should anyone say he bought Bitcoin when in reality is not so?

May be there is more I should learn along the buying Bitcoin and making my excitement known to fellow forum mates
Buy bitcoin for 22k USD and OP's profit is only nearly 3 times higher if calculated at the current price, I see this as a very normal thing and not a huge profit to be suspicious of. If someone doesn't believe it then ignore what he says, we don't need to be so jealous that we doubt other people's small successes.

Besides bitcoin investment also brought me a small profit, some altcoins even brought me 10x profit. To me, this is too normal and nothing to brag about because we all know the potential and risks that this market can bring. These days, if someone has an understanding of the market and invests in projects on DEX, it is not too difficult to earn 3, 5 or 10 times profit in a day.

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mirakal
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April 08, 2024, 01:08:00 PM
 #114

Congratulations to you on you big profit mate. People who bought at that price and ar still holding till this very moment at currently on big profit and this has to do with patient in investment. OP you have done well. This means you are a patient investor and can good for a very long time. If I were the owner of that  btc you bought I could hold it further till after the bull run to see how far I can go with my investment to make more profits.
OP is just lucky to first bought his bitcoin at a very low price and is still hodling until now. That only proves that he knows well his investment, and that patience will be the greatest factor to gain massive profits in the future. Not everyone can be as steadfast as he is, while looking back from those price corrections that made bitcoin price very unpredictable.

Now that bitcoin halving and bull run are fast approaching, then the more that he will hold tight his investments. This is the time that greed will come in. But if he will focus on his goal and disregard his greed, eventually everything will paid off in the end. Congrats in advance OP.

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Z_MBFM
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April 08, 2024, 01:28:37 PM
 #115

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.


Op are you still holding your bitcoin? If you haven't sold your bitcoins yet, you are definitely in about 3.5x profit now. Which is a profit to Hughes. Long-term investment in Bitcoin is definitely profitable, but it requires patience and long-term investment. Bitcoin is a very potential coin I think you know this very well and that's why you invested in Bitcoin at that time. congratulations for your great experience and a great profit from bitcoin. However, even though Bitcoin is very potential, there is a lot of risk in the investment, so you must continue to invest using the DCA strategy when investing later.











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leonair
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April 08, 2024, 02:18:08 PM
 #116

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.


Op are you still holding your bitcoin? If you haven't sold your bitcoins yet, you are definitely in about 3.5x profit now. Which is a profit to Hughes. Long-term investment in Bitcoin is definitely profitable, but it requires patience and long-term investment. Bitcoin is a very potential coin I think you know this very well and that's why you invested in Bitcoin at that time. congratulations for your great experience and a great profit from bitcoin. However, even though Bitcoin is very potential, there is a lot of risk in the investment, so you must continue to invest using the DCA strategy when investing later.
Many people are making huge profits by investing in Bitcoin and holding Bitcoin Bitcoin is a powerful crypto coin and the first to emerge in the crypto era.  And it is designed in such a way that without any kind of owner control it will live only as long as the internet lives. That is why Bitcoin can be trusted freely and any amount can be invested here and that too for a long period of time.  If op is holding his bitcoins strongly then he must have been very profitable so far as the price of bitcoin has crossed $72k today.
Youngkhngdiddy
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April 08, 2024, 06:17:28 PM
 #117

Many people are making huge profits by investing in Bitcoin and holding Bitcoin Bitcoin is a powerful crypto coin and the first to emerge in the crypto era.  And it is designed in such a way that without any kind of owner control it will live only as long as the internet lives. That is why Bitcoin can be trusted freely and any amount can be invested here and that too for a long period of time.  If op is holding his bitcoins strongly then he must have been very profitable so far as the price of bitcoin has crossed $72k today.
   Since bitcoin is getting popularity due to inflation crisis all over the world, any day and any time of the day is best time to buy bitcoin. For a long-term investment, a particular hour does not matter since in the long run price will increase. For a short-term investment, keep in mind that bitcoin price hourly fluctuation has no regular pattern. If you believe in value prop of Bitcoin then it's always time to buy, put some money aside every 2 weeks and buy it which will average your cost, you can't guess ups and downs. If you want to make quick money by buying and selling at the right time, then no one can guess, and everyone who claims they do, they are lying. The problem now when we are in a bull market is not to FOMO as there will definitely be corrections on the way up. And when you see a such correction then it may be a favorable time to buy Bitcoin. Keep in mind that Bitcoin may go for a prolonged time without experiencing corrections especially in strong bull markets like the one we are now.
  If you believe in the long-term potential of Bitcoin and can afford to hold through market fluctuations, buying now could be a sound decision. Remember, Bitcoin has shown resilience and continuous growth over the years, often rewarding patient investors. However, if you prefer a more cautious approach or if you anticipate a potential short-term dip in price, waiting for a favorable entry point might be wise. Conduct thorough research, keep an eye on market trends, and consider consulting with financial experts before making any investment decisions. Ultimately, the decision to buy Bitcoin should align with your financial objectives and risk appetite. Whether you buy now or wait, remember to invest only what you can afford to lose and stay informed about the dynamic cryptocurrency market.
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April 08, 2024, 11:53:06 PM
 #118

Congratulations to you on you big profit mate. People who bought at that price and ar still holding till this very moment at currently on big profit and this has to do with patient in investment. OP you have done well. This means you are a patient investor and can good for a very long time. If I were the owner of that  btc you bought I could hold it further till after the bull run to see how far I can go with my investment to make more profits.

And that is fearful to do. Just like how you bought BTC at the bottom. it is also fearful to hold your position until new all time high will form. And it is fearful to do yet that is the only way to make money because you may lose the profit that you already have. It take guts to make money because you need to take risk, and conquer your emotion not to follow it's advice. When you are fearful, that is the time that you should be hopeful. When you are hopeful, that is the time that you should be fearful.

Just continue doing your thing OP. Stick to your plan and invest to BTC as much as you can.

CryptoBuds
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April 09, 2024, 07:48:16 AM
 #119

Can you post your Bitcoin address?


Is that the rules in this forum, that everyone that posts about Bitcoin purchase must post his or her Bitcoin wallet address to prove a point, and why should anyone say he bought Bitcoin when in reality is not so?

May be there is more I should learn along the buying Bitcoin and making my excitement known to fellow forum mates

Ignore people who are jealous of your success, and don't be surprised when they feel uncomfortable because you are more successful than them.
But can you tell us that you sold your bitcoins or are you still holding them? To be honest, once we have made a big profit and continue to hold and face market fluctuations is not easy.

Personally, I was also profitable with my bitcoin investment and I did not hesitate to sell some of my bitcoin shares when I achieved x2 profit. I don't rule out the possibility that bitcoin will be dumped again and I might buy it back to increase my bitcoin holdings.

leonair
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April 09, 2024, 12:49:43 PM
 #120

Can you post your Bitcoin address?


Is that the rules in this forum, that everyone that posts about Bitcoin purchase must post his or her Bitcoin wallet address to prove a point, and why should anyone say he bought Bitcoin when in reality is not so?

May be there is more I should learn along the buying Bitcoin and making my excitement known to fellow forum mates

Ignore people who are jealous of your success, and don't be surprised when they feel uncomfortable because you are more successful than them.
But can you tell us that you sold your bitcoins or are you still holding them? To be honest, once we have made a big profit and continue to hold and face market fluctuations is not easy.

Personally, I was also profitable with my bitcoin investment and I did not hesitate to sell some of my bitcoin shares when I achieved x2 profit. I don't rule out the possibility that bitcoin will be dumped again and I might buy it back to increase my bitcoin holdings.
People have a lot of greed and envy so no one can see the success of others. so there is nothing to regret about this matter. you should enjoy your own success. Success is a very difficult thing so those who can achieve success should enjoy the moment. And you should always keep your investment hidden to be safe from all sides. That would be great. And it is better to invest in Bitcoin for the long term as the risk is less
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