Profiting from BTC: just luck?

[Vincom]

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.

I like your opinion, it seems that we are always in the middle of everything: success with BTC investment includes both luck and determination.

Early market participants may have been really lucky to know BTC and put a small amount of money into the market, while others have had to use a lot of experience and knowledge to make the decision to invest in BTC in the past few years while accepting to buy BTC at a higher price.

Similarly, at present, BTC is priced at around 70K USD, investors will not only rely on luck to find profit from the price increase of BTC to 1M USD in the future. Everything will come from the most careful calculations to balance opportunity and risk.

[bangjoe]

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?

Luck is born after we take actions that dare to take risks and also have knowledge even if only a little, people who dare to do anything and believe in their imagination will be very likely to get luck in their lives, and yes it is not wrong for people to say that he is a lucky bitcoin holder because he wants to learn and take risks to invest in bitcoin.

Yes I hold BTC a little and I think it's enough for the current situation to invest in bitcoin, this is based on knowledge, experience, courage and also confidence, of course it will provide more opportunities for us to believe in bitcoin and keep holding it.
I plan to feel more profit than I expected and can be bought back in bitcoin when the price of bitcoin is in decline or the usual bearish season is much more perfect in collecting bitcoin and continuing to invest even though it does not hold in the long term but can multiply bitcoin ownership.

[JollyGood]

What happened to all of your posts from the time your account was created on 12th December 2017 and 24th January 2024? Your post history starts on 25th January 2024 and your are still a Member rank in all those years.

Why did you delete your post history?

Do you realise this will raise many question for any member that will start looking in to your account activity and start wondering why you took those steps?

Back on topic, if you have BTC and your are going to hold it is your decision. A rational choice for other people could a different decision.

Good for you. I hope you keep hold of your Bitcoin for a very long time and do not sell even when you get tempted to do so.

So, your account was created in 2017 yet your posts start on 24th January 2024 and you have made 120 post since then. What happened to all your other posts. Furthermore, such as the effort you out in to creating the OP yet you returned to make just one post as a follow-up.

It does look suspiciously like many other accounts out there that are trying to increase their rank by creating threads inviting members to respond yet when they do not receive merits they give up on the thread. Any comments?

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

[Zanab247]

Despite you cant predict when to make profit in bitcoin this doesn't mean that getting profit in bitcoin is luck.  The profit from Bitcoin is real and not luck just that people can't really predict when to get it. Profit in bitcoin can be gotten when people hodl , this is for sure. If you want to get profit just hodl and you definitely get it , this not luck. Their is a strategy to make profit in bitcoin, just hodl and you will gain profit for sure. Discipline and patience will always give one profit.

Every hodlers knew that whenever you hodl your BTC till the massive bull run arrive, you will going to earn good profits from the market which is the simple strategy many people are using to earn profits every seaon but not by luck because, they know that profit will surely come during the bull run.

There is no way you will involve patience in your BTC hodling and your dreams will not come to pass in the future by waiting for the price of your choice to occur before you can take a bold action to free the BTC from your wallet to cash out your profits.

[Blitzboy]

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?

Luck is born after we take actions that dare to take risks and also have knowledge even if only a little, people who dare to do anything and believe in their imagination will be very likely to get luck in their lives, and yes it is not wrong for people to say that he is a lucky bitcoin holder because he wants to learn and take risks to invest in bitcoin.

Yes I hold BTC a little and I think it's enough for the current situation to invest in bitcoin, this is based on knowledge, experience, courage and also confidence, of course it will provide more opportunities for us to believe in bitcoin and keep holding it.
I plan to feel more profit than I expected and can be bought back in bitcoin when the price of bitcoin is in decline or the usual bearish season is much more perfect in collecting bitcoin and continuing to invest even though it does not hold in the long term but can multiply bitcoin ownership.

Look, the big wins happen when you take smart risks. We give you Bitcoin. Smart move to take advantage of dips and hold for the long term. Think like a pro, think like the best. A lot of folks talk about Bitcoin, but you're making the moves, building something. And trust me, I like that.

Its not enough to just have a coin, okay? It has to do with seeing the future and having faith in technology. Its a different game now that you're after long-term wealth that changes things. Do not let anyone tell you its just "luck." Keep learning and staying smart. You're smart, and it will pay off big time.

[Vincom]

What happened to all of your posts from the time your account was created on 12th December 2017 and 24th January 2024? Your post history starts on 25th January 2024 and your are still a Member rank in all those years.

Why did you delete your post history?

Do you realise this will raise many question for any member that will start looking in to your account activity and start wondering why you took those steps?

Back on topic, if you have BTC and your are going to hold it is your decision. A rational choice for other people could a different decision.

I think success comes from wise decision-making and a bit of luck when an investor has chosen a truly valuable asset like BTC. I also admire investors who have held BTC for the long term and have made a profit, they deserve to profit for that belief!

I rarely answer questions that are not related to the topic, but since you are really interested, I will explain a little: I created an account in 2017 but did not participate in investing or activities on the Bitcointalk forum (I have only been active on Bitcointalk for nearly 2 days), I often participate in a few other crypto forums. Recently I returned to DCA BTC and have more time for the market, the profit from DCA BTC makes me want to be more positive and want to share my opinions on Bitcointalk. I can assure you that all of my posts still exist 

[Viscore]

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?

Luck is born after we take actions that dare to take risks and also have knowledge even if only a little, people who dare to do anything and believe in their imagination will be very likely to get luck in their lives, and yes it is not wrong for people to say that he is a lucky bitcoin holder because he wants to learn and take risks to invest in bitcoin.

Yes I hold BTC a little and I think it's enough for the current situation to invest in bitcoin, this is based on knowledge, experience, courage and also confidence, of course it will provide more opportunities for us to believe in bitcoin and keep holding it.
I plan to feel more profit than I expected and can be bought back in bitcoin when the price of bitcoin is in decline or the usual bearish season is much more perfect in collecting bitcoin and continuing to invest even though it does not hold in the long term but can multiply bitcoin ownership.

You are lucky if you invest early in bitcoin, simply because it’s a smart choice of investment that creates highest ROI compared to other investments. At the same time, you know you invest from your acquired knowledge and extensive research and study, so all I can say I am more lucky with bitcoin as my choice of investment.

I have also my fair share of bitcoin investments which I am still hodling until now, and until I don’t reach my desired target selling price, then selling my bitcoin will never cross my mind.

[bangjoe]

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?

Luck is born after we take actions that dare to take risks and also have knowledge even if only a little, people who dare to do anything and believe in their imagination will be very likely to get luck in their lives, and yes it is not wrong for people to say that he is a lucky bitcoin holder because he wants to learn and take risks to invest in bitcoin.

Yes I hold BTC a little and I think it's enough for the current situation to invest in bitcoin, this is based on knowledge, experience, courage and also confidence, of course it will provide more opportunities for us to believe in bitcoin and keep holding it.
I plan to feel more profit than I expected and can be bought back in bitcoin when the price of bitcoin is in decline or the usual bearish season is much more perfect in collecting bitcoin and continuing to invest even though it does not hold in the long term but can multiply bitcoin ownership.

You are lucky if you invest early in bitcoin, simply because it’s a smart choice of investment that creates highest ROI compared to other investments. At the same time, you know you invest from your acquired knowledge and extensive research and study, so all I can say I am more lucky with bitcoin as my choice of investment.

I have also my fair share of bitcoin investments which I am still hodling until now, and until I don’t reach my desired target selling price, then selling my bitcoin will never cross my mind.

To be honest if we talk about luck or not we will always think about the same thing about bitcoin when the price drops or is in bearish season, "whether the price of bitcoin will return or not" there are many mixed emotions that can affect everyone in making decisions to invest in bitcoin.
Do people who used to be when the price of bitcoin was only $1 would think that bitcoin could be $1000 even $70,000 per piece, that's where I found confidence about bitcoin, that when you feel it's impossible but if supported by economic math that no one can see you will find the answer about bitcoin.
Thankfully if you have bitcoin, you are one of the people who have hope in the future for the better.

[dothebeats]

Profiting from bitcoin at this point is an obvious choice, and a rational one at that. We have over a decade of data to reference from with our decisions as to whether to put in some money in bitcoin or not. We also know how the market works, and with all these information combined, we are somewhat not blind with the possible scenarios when we invest in bitcoin.

I'd probably hold bitcoin for a long time, or until I'm not capable of holding it. It just brings a lot of financial gains to those who hold it and believe in it at this point that I think luck doesn't really affect it anymore.

[Belarge]

Profiting from bitcoin at this point is an obvious choice, and a rational one at that. We have over a decade of data to reference from with our decisions as to whether to put in some money in bitcoin or not. We also know how the market works, and with all these information combined, we are somewhat not blind with the possible scenarios when we invest in bitcoin.

I'd probably hold bitcoin for a long time, or until I'm not capable of holding it. It just brings a lot of financial gains to those who hold it and believe in it at this point that I think luck doesn't really affect it anymore.

Despite the bullish candles formed, some investors have decided to hold bitcoin because they have stronger minds and beliefs for the project to surpassed $100k this current year. I've set my strategy to make entries on portable spot and not in a rush that will certainly make us unbalance in the system. Bitcoin have taught me to be patient in the space, I'm not relenting but tendering my full focused and energy on this particular project because it's the top ranking in the market. It seems difficult to profits from bitcoin at this present time, we've watch alot going through and witnessing the dump moved of the project.

[Vincom]

To be honest if we talk about luck or not we will always think about the same thing about bitcoin when the price drops or is in bearish season, "whether the price of bitcoin will return or not" there are many mixed emotions that can affect everyone in making decisions to invest in bitcoin.
Do people who used to be when the price of bitcoin was only $1 would think that bitcoin could be $1000 even $70,000 per piece, that's where I found confidence about bitcoin, that when you feel it's impossible but if supported by economic math that no one can see you will find the answer about bitcoin.
Thankfully if you have bitcoin, you are one of the people who have hope in the future for the better.

I also think that luck is only a part of success. The continuous increase of BTC price can be observed on the price chart, but the pressures during the crypto winter when BTC price -80% or in the uptrend when BTC price +1000% are really not easy to endure and make the decision to continue holding BTC in the long term. Belief does not come out of thin air, it comes from understanding the economy - the state of inflation - investment trends in the market. Assuming we will have 1 BTC = 1M USD in the future, not everyone will be ready to accept the luck of being able to buy BTC at the current price of 70K USD

[Iranus]

Profiting from bitcoin at this point is an obvious choice, and a rational one at that. We have over a decade of data to reference from with our decisions as to whether to put in some money in bitcoin or not. We also know how the market works, and with all these information combined, we are somewhat not blind with the possible scenarios when we invest in bitcoin.

I'd probably hold bitcoin for a long time, or until I'm not capable of holding it. It just brings a lot of financial gains to those who hold it and believe in it at this point that I think luck doesn't really affect it anymore.

When investing in bitcoin, knowledge and experience are the two biggest factors that bring us to success, but we should not deny the role of luck. If during your investment process, you do not encounter any impacts from the external environment such as emergencies, accidents, urgent need of money...I bet that no matter how talented you are, you cannot calculate the unexpected things in life. So, if you are not experiencing any of the problems I just mentioned then you are clearly lucky.

Luck is always present in our lives but it is invisible and many people do not believe in it but think that they are successful because they are talented. But if you have a great plan, you are smart, talented but you encounter failure in life, I bet you will blame your fate, you will never believe that you are incompetent. Life is interesting, when people succeed, they always admit they are talented, but when they fail, they always blame unfair fate.

[bangjoe]

To be honest if we talk about luck or not we will always think about the same thing about bitcoin when the price drops or is in bearish season, "whether the price of bitcoin will return or not" there are many mixed emotions that can affect everyone in making decisions to invest in bitcoin.
Do people who used to be when the price of bitcoin was only $1 would think that bitcoin could be $1000 even $70,000 per piece, that's where I found confidence about bitcoin, that when you feel it's impossible but if supported by economic math that no one can see you will find the answer about bitcoin.
Thankfully if you have bitcoin, you are one of the people who have hope in the future for the better.

I also think that luck is only a part of success. The continuous increase of BTC price can be observed on the price chart, but the pressures during the crypto winter when BTC price -80% or in the uptrend when BTC price +1000% are really not easy to endure and make the decision to continue holding BTC in the long term. Belief does not come out of thin air, it comes from understanding the economy - the state of inflation - investment trends in the market. Assuming we will have 1 BTC = 1M USD in the future, not everyone will be ready to accept the luck of being able to buy BTC at the current price of 70K USD

Yes it's possible, the basic premise will be similar to what happened in the past when the price of bitcoin was at $1, some even made it into a pizza pan instead of so many bitcoins.

And I think if someone is still holding on that day until the price increase is now, it's called lucky, because there is no previous learning that can be learned by previous people who bought bitcoin, maybe today we can learn about inflation and such that can be directly linked to the increase in the price of bitcoin and I think it's no longer talking about profit for the present, but like an investor who already knows where to move with bitcoin.

[mirakal]

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.

Bitcoin investment is more than just luck, sufficient knowledge and the ability to analyze the market well are a must. Otherwise, you will end up investing like gambling, wherein you lose more, more than the profits you’ve gained. But if you invest in bitcoin because you have faith in it and that you plan to invest for long term and not expecting for quick profits, then you are doing the right thing. While bitcoin investment involves a higher risk, but you can always manage or even lessen its risk if you are knowledgeable enough on the type of investment you are entering.

However, it’s undeniable that we also need luck at some point for our investment to work and prosper. It’s just that having the right decision making and more logical thinking are more crucial than just having luck.

[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.

Bitcoin investment is more than just luck, sufficient knowledge and the ability to analyze the market well are a must. Otherwise, you will end up investing like gambling, wherein you lose more, more than the profits you’ve gained. But if you invest in bitcoin because you have faith in it and that you plan to invest for long term and not expecting for quick profits, then you are doing the right thing. While bitcoin investment involves a higher risk, but you can always manage or even lessen its risk if you are knowledgeable enough on the type of investment you are entering.

However, it’s undeniable that we also need luck at some point for our investment to work and prosper. It’s just that having the right decision making and more logical thinking are more crucial than just having luck.

Gamble and strong investment are different. No slot machine, Bitcoin. I constantly bring market research and in-depth knowledge. That determines game winners. Timing counts, but labeling it "luck" insults smart investors.

Thinking "luck" gets you anyplace is a lousy strategy. Make deliberate decisions, realize the risks, and have the bravery to stay strong while others panic. Bitcoin's volatility is its nature. However, those who see this technology's promise will succeed. Stop talking about luck. Focus on knowledge, strategy, and vision to influence the financial future.

[Vincom]

Yes it's possible, the basic premise will be similar to what happened in the past when the price of bitcoin was at $1, some even made it into a pizza pan instead of so many bitcoins.

And I think if someone is still holding on that day until the price increase is now, it's called lucky, because there is no previous learning that can be learned by previous people who bought bitcoin, maybe today we can learn about inflation and such that can be directly linked to the increase in the price of bitcoin and I think it's no longer talking about profit for the present, but like an investor who already knows where to move with bitcoin.

To be honest, if I had bought BTC when 1 BTC = 1 USD, I would have also sold BTC when 1 BTC = 100 USD! I really admire those who can hold BTC for a whole decade regardless of the huge profits BTC has brought them. Their profit tolerance is admirable! If they happened to forget and then find their account information, that would be really lucky!

Now, when BTC is accepted, we understand more about the economy and that inflation cannot be stopped, we can trust BTC more but I am not sure that anyone can all-in on BTC and wait for BTC to reach 1M USD in the future. Similar to Saylor, I think Saylor can say that he is profitable from BTC because he is talented, not just lucky!

[strictly0nGod]

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?

[/quote]

In this life, I don't believe in coincidence. Things happen for a particular purpose. Money have past concurrent series of evolution boiling down to the present day digital currency.

The evolution of money can be dated down to when people exchanged goods for goods; which is referred to as barter exchange. To limit the barter exchange, money exchange got to the stage of  commodity money, were exchange were done with commodities like cowrie shells, salts, animals etc. As the society advanced the need to produce coins as a means of exchange emerged. While coins were effective, it was a lot of burden to carry large amounts of metal around. This gave rise to the concept of paper money. As economies expanded and grew, trade became more complex. Banks emerged and provided services such as lending, taking deposits, and safe storage of money. The 20th century saw the introduction of digital payment systems like debit cards and electronic banking.
In recent times, we’ve been introduced to a new era of money – digital currency, of which Bitcoin is the most popular.

Nothing happens for nothing.

Bitcoin is a revolution that can't be stopped;
The only thing  capable of challenging the existence of Bitcoin is time. Ones there's time the existence of Bitcoin is infinite.

[Franctoshi]

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?

don’t care about anyone, study shows[/url]

Definitely, this is how the Market works, and not everyone would profit from the market reason being that everyone is not doing the same thing in the market, so this actually depends on your activity in the market, basically time of Buying and selling, some people profit while some lose, it is just like a game, know the rule, and you play by the rules, definitely you will win, which balls down to buy when the market is bleeding, hodl and take profit when the market is very greenish, this way you will be part of investors they call diamond hands.

[GbitG]

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.

Hmm, that's convenient to explain.
 
I think the term "luck" is not appropriate for Bitcoin investment. Bitcoin investment is a process in which you have to put in step wise efforts, like first gaining knowledge and experience and then using it under a strategy. So then investment in Bitcoin can give you a result, if your Knowledge, Experience and Strategy were good, then you can get a good return; otherwise, not otherwise. 
 
So if we look at all these aspects, Bitcion does not fall into the investment luck category. In luck, you don't need knowledge, experience, or strategy. Luck is just gifted by God, even if you don't do anything, whatever happens in luck will continue to meet you. So the investment in Bitcoin gave profit to the early people, meaning those who were strategic investors put their efforts according to the required criteria and kept waiting just for results. So those who had luck got luck, and those who had effort got a different result and the fun is in the thing in which you get something with your hard work, there is no fun in the thing that you get by luck. Go without any effort.

[Finestream]

Despite you cant predict when to make profit in bitcoin this doesn't mean that getting profit in bitcoin is luck.  The profit from Bitcoin is real and not luck just that people can't really predict when to get it. Profit in bitcoin can be gotten when people hodl , this is for sure. If you want to get profit just hodl and you definitely get it , this not luck. Their is a strategy to make profit in bitcoin, just hodl and you will gain profit for sure. Discipline and patience will always give one profit.

Every hodlers knew that whenever you hodl your BTC till the massive bull run arrive, you will going to earn good profits from the market which is the simple strategy many people are using to earn profits every seaon but not by luck because, they know that profit will surely come during the bull run.

There is no way you will involve patience in your BTC hodling and your dreams will not come to pass in the future by waiting for the price of your choice to occur before you can take a bold action to free the BTC from your wallet to cash out your profits.

Profiting from bitcoin is always an outcome of patience and emotional control. No one got profits with luck, everything is earned through long term hodling. If you are here for luck, you are not actually investing for real, but you are gambling on your investment. Profits are made through rational choice and right decision making, and it will never be a product of luck.