Profiting from BTC: just luck?

[BlackBoss_]

They treat investment as the same as gambling. Mostly this happens to those investors who have only heard that they should start investing in Bitcoin to earn money. Without knowing the risk and how they can really make money by investing. In the end, they will decide to sell their investment as they don't see any growth with the money they put as their initial investment.

If they treat their investment as gambling, we can not consider them as investors but they are actually speculators in this market only.

They have money and they spent it to buy Bitcoin but they don't plan to stay in this market for a long time, don't plan to hold their bitcoin too long. What they thought before spending money is profit. They believe buying bitcoin will help them to get profit, get rich, quickly. They believe they can exit the market quickly after entry because of positive speculation on uptrend.

Worse they can use leverages to maximize their profit but leverages bring bigger risk, not bigger profit.

[bitterguy28]

This is  not gambling , this is investing and bitcoin is also a currency so lets not fall into that stupid Idea that you are lucky to earn from bitcoin because this is a choice lol.
and another thing is that you have a chance to choose and study not like in gambling that you need to just sit, put your bet and look for your luck.

[Mrbluntzy]

I have learned about Bitcoin and the advantage of investing into Bitcoin and I intend to hold the small Bitcoin I have for a long time, most of the time, I feel so tempted to sell and spend the money on my school dues and if  I sell without much profit, there's no way I will be able to archive significant profit when the bull market have reach the crown. I believe that for one to make profit in Bitcoin, it takes a lot of patients by the investor. Anyone that can not be patient can not gain big profit from Bitcoin.

[oktana]

It isn’t just luck. Luck has its role to play but there’s a lot of things you have to do to qualify being lucky. You can’t invest and take your money out the next day when there is a dip and say it’s bad luck. But you can hope to hodl so Bitcoin breaks ATH and luckily it happens faster than you expected. It takes courage to take on the risk (even if Bitcoin isn’t as volatile as some altcoins, it is still volatile).

[eightdots]

They treat investment as the same as gambling. Mostly this happens to those investors who have only heard that they should start investing in Bitcoin to earn money. Without knowing the risk and how they can really make money by investing. In the end, they will decide to sell their investment as they don't see any growth with the money they put as their initial investment.

If they treat their investment as gambling, we can not consider them as investors but they are actually speculators in this market only.

They have money and they spent it to buy Bitcoin but they don't plan to stay in this market for a long time, don't plan to hold their bitcoin too long. What they thought before spending money is profit. They believe buying bitcoin will help them to get profit, get rich, quickly. They believe they can exit the market quickly after entry because of positive speculation on uptrend.

Worse they can use leverages to maximize their profit but leverages bring bigger risk, not bigger profit.

There are those who see their investments as gambling and act this way in the market. They see the market as gambling because they don't understand the mechanics of the market and what their investments are. This means that they are not doing what they should be doing in risk management and investing.

Each investor may have their own methods. There are many people in the market with different perspectives. So there will always be this diversity.

[Blitzboy]

They treat investment as the same as gambling. Mostly this happens to those investors who have only heard that they should start investing in Bitcoin to earn money. Without knowing the risk and how they can really make money by investing. In the end, they will decide to sell their investment as they don't see any growth with the money they put as their initial investment.

If they treat their investment as gambling, we can not consider them as investors but they are actually speculators in this market only.

They have money and they spent it to buy Bitcoin but they don't plan to stay in this market for a long time, don't plan to hold their bitcoin too long. What they thought before spending money is profit. They believe buying bitcoin will help them to get profit, get rich, quickly. They believe they can exit the market quickly after entry because of positive speculation on uptrend.

Worse they can use leverages to maximize their profit but leverages bring bigger risk, not bigger profit.

People treating Bitcoin like a casino are reckless gamblers, not investors. They're obsessed with getting rich soon and ignore good play and long-term strategy. Just a loser's game. Buying in to sell high the next day doesnt build wealth. How you go broke.

I understand the appeal of large profits. But leveraging for big wins? Foolishness, not knowledge. You might get lucky once or twice, but the odds are against you. For every sudden millionaire, thousands suffer. People, leverage is dangerous. It destroyed as readily as it built, turning a bad bet into a financial nightmare.

Knowledge and patience are key to success in any market. Technology, trends, and hazards must be understood. Homework and a personalized plan are key. These are the winning tactics that yield long-term outcomes.

[$weetne$$]

It isn’t just luck. Luck has its role to play but there’s a lot of things you have to do to qualify being lucky. You can’t invest and take your money out the next day when there is a dip and say it’s bad luck. But you can hope to hodl so Bitcoin breaks ATH and luckily it happens faster than you expected. It takes courage to take on the risk (even if Bitcoin isn’t as volatile as some altcoins, it is still volatile).

You planned before you started to invest into Bitcoin and didn't mistakenly buy Bitcoin. If you were gifted the Bitcoin that you're currently holding, it didn't just happen but you deciding to hodl because you know the profits that you can get from Hodling and not selling the Bitcoin. Many investors have sold their Bitcoin because of one reason and they won't be making profits from Bitcoin again unless they buy back their sold Bitcoin. Investing in Bitcoin and making profits can't be by luck or everyone would had being having that luck and would had made plenty profits already. You decided to buy Bitcoin and decide to keep it in a safe place now you're making profits for taking the right decision and you think it's just luck, no it's your decisions that's rewarding you for making a correct decision.

[cryptoWODL]

For me, holding BTC is not a coincidence, it is a rational choice!

I want to know your opinion on the success of BTC holders:

• Is the profit of BTC holders just from luck?
• Are you a BTC holder? What makes you keep believing and holding BTC?
• When will you hold BTC until?

Maybe from fate, maybe not.
We know Bitcoin is a powerful asset and it requires patience and long time to make profit from it. Those who buy and hold bitcoins do so for a long period of time, after reaching their specific goals, they sell their holdings and profit from it.

To be honest I have fully committed myself to Bitcoin investing not too long ago just a few years ago. Since then I have been continuously investing in Bitcoin (called DCA). But I sometimes sell some of my bitcoins and spend it on other things. It was one of the most successful jobs of my life. Yes I believe in BTC and that will help me hold it for a long time. I believe in bitcoin because I have made good profits in short time investment with this bitcoin which I have not been able to do with any other coin before. Maybe Bitcoin is one of the best or smart investment coins for investors.

See, everyone has a different plan for their Bitcoin holdings or invested Bitcoins. Some plan to hold their Bitcoin holdings for two years, four years, five years, eight years, or even ten years. I think it's a personal matter for everyone how long they want to hold their bitcoins based on their ability. When we invest in Bitcoin we need to focus on a specific goal. We need to maintain our investments accordingly to reach our goals. As I am now using DCA for regular bitcoin investment my plan to hold bitcoin is long term but I can't say exactly how long I will hold it. But my plan is to sell my holdings or invested bitcoins when the price of bitcoins touch $300k dollars.

[Vincom]

Maybe from fate, maybe not.
We know Bitcoin is a powerful asset and it requires patience and long time to make profit from it. Those who buy and hold bitcoins do so for a long period of time, after reaching their specific goals, they sell their holdings and profit from it.

To be honest I have fully committed myself to Bitcoin investing not too long ago just a few years ago. Since then I have been continuously investing in Bitcoin (called DCA). But I sometimes sell some of my bitcoins and spend it on other things. It was one of the most successful jobs of my life. Yes I believe in BTC and that will help me hold it for a long time. I believe in bitcoin because I have made good profits in short time investment with this bitcoin which I have not been able to do with any other coin before. Maybe Bitcoin is one of the best or smart investment coins for investors.

See, everyone has a different plan for their Bitcoin holdings or invested Bitcoins. Some plan to hold their Bitcoin holdings for two years, four years, five years, eight years, or even ten years. I think it's a personal matter for everyone how long they want to hold their bitcoins based on their ability. When we invest in Bitcoin we need to focus on a specific goal. We need to maintain our investments accordingly to reach our goals. As I am now using DCA for regular bitcoin investment my plan to hold bitcoin is long term but I can't say exactly how long I will hold it. But my plan is to sell my holdings or invested bitcoins when the price of bitcoins touch $300k dollars.

Your investment journey is carefully calculated!
Investors in BTC, especially BTC holders, have experienced strong emotions, both positive and negative. They have had to make difficult decisions that directly affect their BTC account and strategy, and it is clear that the profit for them is extremely well-deserved. If they are lucky, it is only because they were lucky enough to know about BTC and choose to believe in its future.

You are currently still choosing to hold BTC until your target, and others can also choose this lucky opportunity to buy BTC at 70K USD, and then be lucky enough to sell BTC at 300K USD to be lucky enough to get profit from BTC. If they had to make this difficult choice, they would no longer say that the profit of BTC holders is just luck!

[Alphazet]

I also do not agree that holding BTC since long time and now being on profit its not luck at all
as most of people sell for daily needs and those who are holding ofc that will be on profit soon or latter
Im also HOLD till  next 10-15 years

[OgNasty]

The beauty of Bitcoin is that if you believe in it, you can only profit over time.  If you jump in just to make money, you usually buy the top and sell at a loss.  With even a few minutes of research you should be able to identify the price cycle and if you have any sense and patience, it should be extremely easy to profit from Bitcoin.  It's literally the most simple asset to trade I've ever seen.

[Smartvirus]

The beauty of Bitcoin is that if you believe in it, you can only profit over time.  If you jump in just to make money, you usually buy the top and sell at a loss.  With even a few minutes of research you should be able to identify the price cycle and if you have any sense and patience, it should be extremely easy to profit from Bitcoin.  It's literally the most simple asset to trade I've ever seen.

Obviously, little wonder why it’s viewed by most for a get rich quick innovation. That’s because, some of the guys that were hooked up early eventually found themselves in a moonshine with later adopters hoping for the same and ignoring the time it took and having to be a genesis player to what you never knew (for some) could be this important.

Most of it is already mined but the adoption of it is still very minimal which means, the in circulation would continue to create value and that is where buying where you find it would make a lot of sense. Meanwhile, you treat it for an asset by not selling just because of the least profit or you hope to realize what you can of it. It’s an asset of the time and if any one treats it more like it, that’s someone that is sure to see it’s dividends.

[oktana]

It isn’t just luck. Luck has its role to play but there’s a lot of things you have to do to qualify being lucky. You can’t invest and take your money out the next day when there is a dip and say it’s bad luck. But you can hope to hodl so Bitcoin breaks ATH and luckily it happens faster than you expected. It takes courage to take on the risk (even if Bitcoin isn’t as volatile as some altcoins, it is still volatile).

You planned before you started to invest into Bitcoin and didn't mistakenly buy Bitcoin. If you were gifted the Bitcoin that you're currently holding, it didn't just happen but you deciding to hodl because you know the profits that you can get from Hodling and not selling the Bitcoin. Many investors have sold their Bitcoin because of one reason and they won't be making profits from Bitcoin again unless they buy back their sold Bitcoin. Investing in Bitcoin and making profits can't be by luck or everyone would had being having that luck and would had made plenty profits already. You decided to buy Bitcoin and decide to keep it in a safe place now you're making profits for taking the right decision and you think it's just luck, no it's your decisions that's rewarding you for making a correct decision.

I explained enough already in my reply. It isn’t just luck; because you have to make a move for there to be a luck which can work in your favour. Not everyone makes that move. And for those who do, if you invest and the next day Bitcoin is 2x the price, we can say that you got lucky the gain came faster than it usually would. That’s the only luck there is to me, but investing is definitely one’s choice.

[tyz]

They treat investment as the same as gambling. Mostly this happens to those investors who have only heard that they should start investing in Bitcoin to earn money. Without knowing the risk and how they can really make money by investing. In the end, they will decide to sell their investment as they don't see any growth with the money they put as their initial investment.

If they treat their investment as gambling, we can not consider them as investors but they are actually speculators in this market only.

They have money and they spent it to buy Bitcoin but they don't plan to stay in this market for a long time, don't plan to hold their bitcoin too long. What they thought before spending money is profit. They believe buying bitcoin will help them to get profit, get rich, quickly. They believe they can exit the market quickly after entry because of positive speculation on uptrend.

Worse they can use leverages to maximize their profit but leverages bring bigger risk, not bigger profit.

Some people treat investing in Bitcoin as a form of speculation where they hope to make a quick profit. While this approach can be profitable in the short term, it also comes with significant risks, especially when using leverages to maximize profits. It has shown over years that hodling is the best and savest way to maximize you Bitcoin investment profits. As with any investment, its important to have a well-thought-out strategy and to be aware of the potential risks involved.

[Sanitough]

How can it be luck when you decide to spend your funds at the spot when Bitcoin is falling like a phone from 20th floor? If I even talk about my own journey, I waited for the moment when BTC went below $20k and I spent most of my savings and earning to get as much as I could below that price. Now If it's above $60k, that's not a luck. That's the reward of my patience and my decision making when everyone else was waiting for $10k.

I believe when you enter any investment, it still requires some kind of luck. But having knowledge and patience are generally the factors to make your investment works. You need to take risk to create future gains, and it’s not just simply luck, but being brave and being determined to reach your goal in your investment mold your great motivation when you are in an investment.

[Vincom]

The beauty of Bitcoin is that if you believe in it, you can only profit over time.  If you jump in just to make money, you usually buy the top and sell at a loss.  With even a few minutes of research you should be able to identify the price cycle and if you have any sense and patience, it should be extremely easy to profit from Bitcoin.  It's literally the most simple asset to trade I've ever seen.

I don't think investing is an easy process, even if the chosen asset is BTC. If we look back at the history of the BTC price chart, everything seems simple for investors to hold BTC, but in reality, they have to endure a lot of pressure from both losses and profits. The evidence is that many BTC investors also have to suffer losses, rather than the majority who have made profits. Even when we believe that BTC has its own properties, BTC has unusual behaviors such as BTC creating ATH before halving, which makes investors skeptical and worried about this uptrend.

So I believe that investing in BTC is a difficult strategy and requires a lot of effort, both financially and emotionally!

[Litzki1990]

The beauty of Bitcoin is that if you believe in it, you can only profit over time.  If you jump in just to make money, you usually buy the top and sell at a loss.  With even a few minutes of research you should be able to identify the price cycle and if you have any sense and patience, it should be extremely easy to profit from Bitcoin.  It's literally the most simple asset to trade I've ever seen.

Every investor starts his investment with a plan to earn profit by investing in Bitcoin but due to lack of patience and not being able to hold for the right time, many investors sell his investment at loss instead of profit. Since our objective is to make profit and we are investing with money risk, we must be patient and not get excited. Some investors think that they have invested and as soon as they invest, they will earn profits, but they are completely wrong. Of course we will have to wait until the time comes to make a profit. After making the investment, the market may rise a little, without paying much attention to the fact that the investment should be retained, so that if the investor can retain his investment for the right time, he will definitely earn a profit from the investment.

[Bloodseekers]

The beauty of Bitcoin is that if you believe in it, you can only profit over time.  If you jump in just to make money, you usually buy the top and sell at a loss.  With even a few minutes of research you should be able to identify the price cycle and if you have any sense and patience, it should be extremely easy to profit from Bitcoin.  It's literally the most simple asset to trade I've ever seen.

Every investor starts his investment with a plan to earn profit by investing in Bitcoin but due to lack of patience and not being able to hold for the right time, many investors sell his investment at loss instead of profit. Since our objective is to make profit and we are investing with money risk, we must be patient and not get excited. Some investors think that they have invested and as soon as they invest, they will earn profits, but they are completely wrong. Of course we will have to wait until the time comes to make a profit. After making the investment, the market may rise a little, without paying much attention to the fact that the investment should be retained, so that if the investor can retain his investment for the right time, he will definitely earn a profit from the investment.

You are right, those who start to invest of course expect profits from the investments they make and greed will always make someone unable to make a profit from their investment. They cannot know the right time to make a profit and also cannot hold back. long period of time due to not having the patience to hold their Bitcoins.

If there are those who think that investing in Bitcoin will be able to get profits quickly, of course they have the wrong understanding of their investment so they cannot carry out the investment correctly, but if they have a good understanding of this investment, of course they will be able to make a profit.

[leonair]

The beauty of Bitcoin is that if you believe in it, you can only profit over time.  If you jump in just to make money, you usually buy the top and sell at a loss.  With even a few minutes of research you should be able to identify the price cycle and if you have any sense and patience, it should be extremely easy to profit from Bitcoin.  It's literally the most simple asset to trade I've ever seen.

Every investor starts his investment with a plan to earn profit by investing in Bitcoin but due to lack of patience and not being able to hold for the right time, many investors sell his investment at loss instead of profit. Since our objective is to make profit and we are investing with money risk, we must be patient and not get excited. Some investors think that they have invested and as soon as they invest, they will earn profits, but they are completely wrong. Of course we will have to wait until the time comes to make a profit. After making the investment, the market may rise a little, without paying much attention to the fact that the investment should be retained, so that if the investor can retain his investment for the right time, he will definitely earn a profit from the investment.

Investing in science is a must hold because Bitcoin will never pay big profits in a short period of time. Bitcoin profit never depends on luck because its price goes up and down constantly and we know that Bitcoin is successfully completing the 4 year cycle. We are afraid to hold Bitcoin long term even though we know it is our failure. If you want to make a big profit from Bitcoin, you have to be patient. People who panic quickly often sell Bitcoin at a loss and give bad comments about Bitcoin. again they regret it later when they see that the price of Bitcoin exceeds their target

[EarnOnVictor]

This is  not gambling , this is investing and bitcoin is also a currency so lets not fall into that stupid Idea that you are lucky to earn from bitcoin because this is a choice lol.
and another thing is that you have a chance to choose and study not like in gambling that you need to just sit, put your bet and look for your luck.

Let me say I partially agree with your statement in the sense that after a while (fewer years to now), people are now seeing the sense and tradition in Bitcoin which attracts them to invest in it. This is why I agree with you, and the fact that Bitcoin is an asset. Not only that, it is the asset that has found itself in the mainstream of the financial market. It can't be luck again with some people, but for some, it could still be, because some people are only doing things they see others doing. That aside, for those who are professional about it after its relevance, Bitcoin has its very predictable season and I have never seen an asset that is easy to earn from better than Bitcoin. So a calculated plan can easily make investors earn from it.

But I do not agree if we look way back when Bitcoin was just created. Those who invested then took a huge risk whether you like it or not, and it is a situation of unbelievable/unexpected things becoming a reality. For those people, they are indeed lucky, they only gambled on what they knew little or nothing about, a thing that is just irrelevant to society and the financial market. You guys may idolise them as better investors, but I don't. I only see them as those who took a high risk and were lucky with it.

This is certainly not professionalism at work the way you make it generally look, and that's what I am trying to clear here.