I finally accumulated 0.1 bitcoin!!

[programmer3666]

I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?

wow, that's incredible! One question though, Did you accumulate by mining or by trading? The market is down and trying to get back up so I think there is every indication that your BTC will skyrocket in price in a few weeks to come so be patient.

[mindrust]

Congrats. That's lots of money in many parts of the world. Is it big enough to retire on? Probably not but not so long time ago people were saying the same thing for 5-10 btc too. Even if you are not planning to retire with that amount, it is still a nice amount which will come in handy in many situations. For example god forbid if you happen to have a health emergency, that $6k will save your life probably. Now your next target should be 1 btc. Once you get one piece, life will be much easier. Just don't get into a fight with captain Shanks or else you will departure divinely.

[goldkingcoiner]

I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?

Congrats 🎉

Don't worry too much about potential profits, otherwise you might end shooting yourself in the foot by panic-selling.

[famososMuertos]

This is a "free" example, i.e. advertising what not to do, I have so many bitcoins, how much can I earn? The answer is you don't need to tell me how much you accumulate or how much you want to earn.

If it's a forum, blah, blah, but good practice makes perfect, oh, look at the price tomorrow on CMC (e.g.), anyway, you will know your profit. : l

[Asiska02]

I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?

Congratulations to have reached this milestone, it is the amount that many would want to reach before the next bull run begins. It is uncertain what the future of bitcoin holds in this upcoming bull run but reaching that price you’re anticipating for could be possible or not depending on what the final market conditions will be at the end of the bull run. The market is still in the correction phase and many people will still take advantage of it by DCAing and if you’ve reached your target, you just wait for the market to do its thing now. Don’t think too much about it so that you don’t get disappointment if it never reaches your target in the future.

[Rabata]

I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?

Congratulations for achieving a little success of Bitcoin. You are only 20 years old if you can hold bitcoins for the next 5 to 7 years and accumulate more bitcoins during this time then you may be able to reach your target very easily. Although everything will depend on the Bitcoin price and market conditions, a ‍assumption based on previous Bitcoin price analysis is quite likely to happen.

I think those who believe and hold bitcoins until they reach their goals will reap the benefits of their long-term plans. There are many investors who after setting a target ‍and after a period of time distract from their target at some point they get diverted which further increases their losses. You have completed a one of your dream and at this point if you versed in long term investment benefits then you can definitely move forward with your next target.

[TheUltraElite]

Now your next target should be 1 btc.

Yeah I dont think round figures should be the target but keeping a balanced inflow of bitcoin every few months should rather be a better target. You can be DCAing or buying the dip whenever it hits, but continue to accumulate and never settle with any amount of bitcoin, because the further it goes towards reducing its supply, the costlier it gets.

Specific numbers would matter less than continuous accumulation, the point you stop accumulating is the point you lose. In fact we should be careful not to disclose these numbers explicitly on the net but only vague ranges when it comes to a public forum.

[Gladitorcomeback]

This is a "free" example, i.e. advertising what not to do, I have so many bitcoins, how much can I earn? The answer is you don't need to tell me how much you accumulate or how much you want to earn.

If it's a forum, blah, blah, but good practice makes perfect, oh, look at the price tomorrow on CMC (e.g.), anyway, you will know your profit. : l

Even though I agree with you that one shouldn't disclose such things in public places or forums like this, I believe there is no harm in doing so as long as you are unknown to the readers and completely anonymous for anyone to be able to find you or cause any trouble. Taking this forum as an example, no one reading this post would know where OP is from or who he actually is unless there is a person who personally knows the guy and also knows what is his forum account but the odds of that happening are extremely low.

However, that being said, I do agree with the fact that a person shouldn't talk about having or owning cryptocurrencies or any sort of wealth in public because we have seen such things creating problems for people. Many people were attacked or robbed after making such mistakes in the past.

[Marykeller]

I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?

Answers have been provided to you, that you can't make up to $30k dollar as gains in this circle with $6k + invested in Bitcoin so far.

Well, you are a 20-year-old young man who believes in Bitcoin; if you invest in Bitcoin in the next cycle with the said amount of $6k + during the bearish market, you can find yourself making $30k in the bull run of 2029. For now, keep hodling; you can add a DCA strategy to your Bitcoin investment for more profit to have in this circle.

However, for this cycle expect $15k-$17k as profit with the $6k+ amount you invested in Bitcoin, if Bitcoin should reach $120k-$150k in this circle

[CryptoBuds]

I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?

Answers have been provided to you, that you can't make up to $30k dollar as gains in this circle with $6k + invested in Bitcoin so far.

Well, you are a 20-year-old young man who believes in Bitcoin; if you invest in Bitcoin in the next cycle with the said amount of $6k + during the bearish market, you can find yourself making $30k in the bull run of 2029. For now, keep hodling; you can add a DCA strategy to your Bitcoin investment for more profit to have in this circle.

However, for this cycle expect $15k-$17k as profit with the $6k+ amount you invested in Bitcoin, if Bitcoin should reach $120k-$150k in this circle

There is no guarantee that bitcoin will always repeat its cycle in the future, even this time, so don't rush to affirm that or speculate in the hope that history will always repeat itself. In my opinion, we should have a longer term vision than just focusing on the 4 year cycle. Try to accumulate bitcoins whenever possible and hold as long as possible until you reach your goals. Because I believe that even if the 4 year cycle disappears, bitcoin will still grow in the long term.

I still hope history repeats itself because it will be easier to make profits then but I don't think the market will be this easy forever. Nothing lasts forever, everything changes with time. We need to take that scenario into account instead of assuming that history will always repeat itself.

[Dave1]

I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?

Answers have been provided to you, that you can't make up to $30k dollar as gains in this circle with $6k + invested in Bitcoin so far.

Well, you are a 20-year-old young man who believes in Bitcoin; if you invest in Bitcoin in the next cycle with the said amount of $6k + during the bearish market, you can find yourself making $30k in the bull run of 2029. For now, keep hodling; you can add a DCA strategy to your Bitcoin investment for more profit to have in this circle.

However, for this cycle expect $15k-$17k as profit with the $6k+ amount you invested in Bitcoin, if Bitcoin should reach $120k-$150k in this circle

There is no guarantee that bitcoin will always repeat its cycle in the future, even this time, so don't rush to affirm that or speculate in the hope that history will always repeat itself. In my opinion, we should have a longer term vision than just focusing on the 4 year cycle. Try to accumulate bitcoins whenever possible and hold as long as possible until you reach your goals. Because I believe that even if the 4 year cycle disappears, bitcoin will still grow in the long term.

I still hope history repeats itself because it will be easier to make profits then but I don't think the market will be this easy forever. Nothing lasts forever, everything changes with time. We need to take that scenario into account instead of assuming that history will always repeat itself.

Yeah, just like we have a new all time high prior to the halving, that is a diverge from the cycle that we have seen before (new all time high after the halving).

And probably this is what disrupt the current cycle as it has been months after the halving and so far we haven't seen a huge spike in the price. Nevertheless, we still have the last quarter of this year to see how everything wil go for us.

But in any case, we should continue to accumulate and then hope that we will still hit that 6 digit mark as others have been expecting in this current cycle.

[Smack That Ace]

This is a "free" example, i.e. advertising what not to do, I have so many bitcoins, how much can I earn? The answer is you don't need to tell me how much you accumulate or how much you want to earn.

If it's a forum, blah, blah, but good practice makes perfect, oh, look at the price tomorrow on CMC (e.g.), anyway, you will know your profit. : l

Even though I agree with you that one shouldn't disclose such things in public places or forums like this, I believe there is no harm in doing so as long as you are unknown to the readers and completely anonymous for anyone to be able to find you or cause any trouble. Taking this forum as an example, no one reading this post would know where OP is from or who he actually is unless there is a person who personally knows the guy and also knows what is his forum account but the odds of that happening are extremely low.

However, that being said, I do agree with the fact that a person shouldn't talk about having or owning cryptocurrencies or any sort of wealth in public because we have seen such things creating problems for people. Many people were attacked or robbed after making such mistakes in the past.

It is okay to reveal how many bitcoins we own on social media or on this forum but as long as we can ensure privacy and be sure that no one knows us then it is not too serious. Ask the OP if he has had any trouble since he made his bitcoins public on this forum? I guess nothing will happen to him so we don't need to complicate things any further.

We should just focus on what he asks, we don't need to teach him how to use money properly or store assets when he doesn't ask. I believe that everyone knows how to keep their assets safe, just like how we protect our assets.

[maydna]

Congratulation. You are still young but you can accumulated 0.1186448 BTC. That will not easy to accumulate that amount but you did it and that proves you that other people can do the same as you. Although we have different amount to use to accumulate Bitcoin, but we have the same chance to have more Bitcoin. Nothing is impossible so you can make that amount in the next ATH but you must continue what you did so you will have more Bitcoin than that amount. You still have more time to accumulate more and more so you don't have to stop right now especially the price now is not yet increase. But you must not worry and still manage patience because we don't know when Bitcoin price increase.

[DeathAngel]

Firstly congratulations on reaching a milestone that’s important to you. Secondly, I would love you to make $30,000 in unrealised gains because that would mean Bitcoin would be over $300,000 per coin. I doubt it though, I have been losing confidence that we will have a crazy, parabolic bull run due to the flat price action of the last 6 months. I think maybe Bitcoin will go to $150,000 so your 0.1 Bitcoin will go to $15,000. If you hold long term you will make $300,000 for sure but within a year maybe not.

[Kelward]

I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?

Bitcoin is a store of value and it's price will keep increasing into the future so the possibility of your getting high returns on investment is very possible. I don't know what you can make in this circle but what I know for sure is that we're going to see a new ATH before the start of bear run. So what I can advise you is to continue to accumulate as much Bitcoin as you can before the peak of bull run which has not happened yet. You're young so you can adopt the DCA method and look beyond this circle to increase your ROI in future circles.

You should be careful about how you disclose the amount of Bitcoin that you hold, you could be a target of scammers and robbers.

[CryptSafe]

Congratulations on your achievement. This fit is very commendable you know and I must say it took you lots of efforts and commitment to achieve such fit. This volume you have accumulated is a huge amount of money in my country so I know what I mean when I tell you achieved a good fit. Anyways, there is no amount or volume that is not achievable if you deem it fit to do so. I believe you started with commitment to do so and you have a plan you sticked to which helped you achieved such fit. If you can stick to it, you could be able to achieve much more than you already did now. Looking at the way you were able to achieve this, I could tell you have an alternative source of income which you were focused with while accumulating bitcoin for your savings. This is quiet impressive for a man at your age because I  know must young guys at such age do not think of savings or investing but rather lavishing and other things that would take away their money is all what they care about.
You have done well, congratulations ones again.

[benalexis12]

I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?

You are 20 years old, and you have an accumulated amount of Bitcoin, which is not bad after all. That's why I don't know what your intention is—why you are broadcasting here on the forum that you have that amount of BTC.

If the price of Bitcoin increases by 5 times this bull run that we are facing right now, you will achieve that; we just don't know if that will actually happen this bull season. So next time don't announce bitcoin that you have, because it used to be for others, and most of you are just bragging. Others will always think, What do they care if you have Bitcoin, right? Just keep it to yourself if you have BTC in your wallet; that's better.

[VesterTheInvester]

First of, congratulations!

What was your starting point, and how did you get to that amount?

[famososMuertos]

:://:::

There is no guarantee that bitcoin will always repeat its cycle in the future, even this time, so don't rush to affirm that or speculate in the hope that history will always repeat itself. In my opinion, we should have a longer term vision than just focusing on the 4 year cycle. Try to accumulate bitcoins whenever possible and hold as long as possible until you reach your goals. Because I believe that even if the 4 year cycle disappears, bitcoin will still grow in the long term.

I still hope history repeats itself because it will be easier to make profits then but I don't think the market will be this easy forever. Nothing lasts forever, everything changes with time. We need to take that scenario into account instead of assuming that history will always repeat itself.

Man, that's my opinion, that's what I can think of to say, to him, not to you, that is, you're defending someone who hasn't asked you, on the other hand you end up wanting to be the professor on the subject and what you promulgate you don't do, where is your advice to tell a third party what to do with their money, if that doesn't seem silly to you, okay, but it's not right.

Then if he thinks well what to do, he breaks it down in his OP and explains it, he exposes it so we can debate, but at this point in the game doing what OP did is a complete nonsense, that's my opinion, but it's not a point of view, it's common sense.

[Finestream]

I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?

Congrats 🎉

Don't worry too much about potential profits, otherwise you might end shooting yourself in the foot by panic-selling.

Well congrats on that. If you are consistent with what you are doing, you'll reach a significant amount in time. However, don't pressure yourself while trying to hit something. Yes, target goal is required, but there's always a huge consideration on that. If you think the market would hardly make it happen, then extend your time duration so that it will be possible in time.