Can small investors actually make good profit with bitcoin ?

[arwin100]

/snip
For sure, I am not suggesting that bitcoin is guaranteed to go up from here, and there are chances that bitcoin can continue to spiral down from here and forever into the future, so guys have to make choices, even the ones who might have started investing in bitcoin anytime after the 2024 "Trump pump", so they might have had started out buying bitcoin at quite a few price points in the supra $100k price territories, including all the way up to $120k before the BTC price returned back below $100k and then we got caught in mostly below $80k prices since February of this year.

So guys have to make choices, and yeah, maybe some guys were trying to front-load their investment into bitcoin through late 2024 and even through most of 2025, so then after 2025, they were starting to feel that they did not have a lot of money remaining in their budget to continue to put more value in bitcoin.

So then in the end, they still need to decide what are they going to do?  continue to buy bitcoin? or just wait it out and not buy more?  or worse to sell some or all of their bitcoin at lower prices?

and guys have to choose what they are going to do while realizing that there are no guarantees in regards to the outcome, and they might not even realize the extent to which they made good choices or bad choices for several years down the road.  In 2015, there were all kinds of folks in real life and even in online forums who were laughing at me and at guys like me, and they were proclaiming that bitcoin was dead. I recall even having some arguments in person with some folks who would proclaim that it would be better to take some value out, and I would say, that they are giving me "advice" about bitcoin while they have hardly any clue about what bitcoin actually is.  All they see is that bitcoin had gone up to $1,163 and then in these recent times, bitcoin is mostly bouncing around between $220 and $240 for months and months and months.

Another thing is that if guys have enough money to cover their expenses. I had a business  in which my business partner had abandoned the business in that time, and I had to negotiate with some vendors to spread out the payments and even the landlord regarding not paying rent for two months, and so otherwise the bills were still being covered and there was a path forward in which the income was still coming in, even though at a rate that involved less income and more expenses... but at the same time, the worst of it was only a few months...and yeah, an easy way out could have had been to slice some value off of the bitcoin, yet I did not do that.  I just had to set bitcoin aside for a while in terms of not being able to buy any bitcoin for several months (during months that the BTC prices were the lowest, or at least in a trench).   So sometimes we might have to juggle things around to make sure that the income and the expenses line up.. to maybe figure out ways to try to increase income and to decrease expenses, even though certain kinds of expenses might not be able to cut back on since if there are some troubles with the business, then there might be some additional expenses that might also come from the transition of the business.

Do you think it is easy to make those decisions? You've been involved in all of this for a long time, and i don't think it was easy to make any move when it came to investing and everything else that comes with it. I know there are all kinds of people, from skeptics to those who don't believe in anything, but when they see that you have some BTC, they start asking questions and then want to do the same, of course without any prior knowledge.

As for that difficult period, you were lucky that it only lasted a few months. And even if you had sold your BTC, you wouldn't have made a mistake because you needed that money at the time, and that's it. I think about what i would do if i were going through such a difficult period. I would try to forget that I even had any BTC, and at the same time i would look for other ways to make money.

And what do you think, in the times we are living in now, with so much inflation and various situations that have a very negative impact on the economy, how possible is it to balance things out and keep our income and expenses aligned? I know quite a few people whose expenses are higher than their income, but they are still fighting to get by, especially small business owners who are at the beginning of their careers. They are currently working and still hoping that things will get better.

Its not really easy to make financial decisions on that situation. Because even those well experience people struggles, during in though situations in life. This is why I thing sometimes selling their BTC make sense if they used it on important matters just to survive.

With current situation we are facing now like economy is unstable then inflation rate is so high, many people struggles to balance their expenses and also their income. If that situation occur much better for people to pay attention on stabilizing their income first, then cut those unnecessary spending's and find good ways to have extra income. With this they can bounce back and continue their smooth investment flow on Bitcoin. I know @JayJuanGee don't like waiting, but this is really a realistic approach if they face such scenario.

Its really possible for people to balance these things, but this will take patience as well as discipline then also those realistic decision base on their current situation.

[Joy- maker]

there is nothing wrong with starting to buy bitcoin even though you don't have a secured wallet yet, you can always get your hands on one later but the fact that you don't have yet shouldn't be what prevents you from buying bitcoin, there are alot of people who started buying and holding their bitcoin from exchanges, it's not the safest but they did not let access to a good wallet stop them from buying bitcoin and frankly you shouldn't either, your bitcoin can always be moved to a secure wallet on a later date.

Everything is wrong with starting your bitcoin accumulation journey when you don't have a well secured wallet.  Come on,  what's the  point in accumulating Bitcoin without having a secured wallet?  or do you plan to accumulate Bitcoin for hackers to come and steal it?

However,  before you start your bitcoin accumulation journey,  you need to get yourself a well secured self custodial wallet for storing your Bitcoin,  otherwise you could end up losing  years of sacrifice and effort spent stacking those bitcoins.

It was never advisable to start your bitcoin investment journey without having a secured self custodial wallet.   Also,  keeping your bitcoin on a centralized exchange is very risky,  because it is not your key,  not your coin.  Get a self custodial wallet instead.

[Female King]

This is not actually a mistake but they are negligent, they forgot that they need backup for Thier Bitcoin investment or should I say they purposely did it feeling that emergency may not happen until they achieve Thier target? considering the amount of Bitcoin they accumulated I'm sure that building an emergency funds won't be an issue but they feel that it's not relevant since there's no emergency need at the moment that it will continue to be like that  until they reach Thier investment target just as many investors believe. I frequently suggest that every Bitcoin investors need to make sure that they have a backup funds such as emergency funds because there might be an impending emergencies and they wouldn't know.

A Bitcoin investor don't have to over look the importants of having an emergency funds and also back up funds, emergency funds serves as a protector to our bitcoin investment. As an investor you are prepared to buy bitcoin and hold for long also plan on having your emergency funds also don't wait until an emergency happen before looking for were you can get money to sort it out, emergencies don't  give warning before they happen so it is better to prepare for it before it happens.

[Tetu100]

Everything is wrong with starting your bitcoin accumulation journey when you don't have a well secured wallet.  Come on,  what's the  point in accumulating Bitcoin without having a secured wallet?  or do you plan to accumulate Bitcoin for hackers to come and steal it?

However,  before you start your bitcoin accumulation journey,  you need to get yourself a well secured self custodial wallet for storing your Bitcoin,  otherwise you could end up losing  years of sacrifice and effort spent stacking those bitcoins.

It was never advisable to start your bitcoin investment journey without having a secured self custodial wallet.   Also,  keeping your bitcoin on a centralized exchange is very risky,  because it is not your key,  not your coin.  Get a self custodial wallet instead.

You know many people wouldn't take this stuff seriously till they finally fall victim by losing everything they have ever laboured for in their whole life. However, to be an experience Bitcoin investor doesn't really mean you should be only concentrating on how you can be accumulating Bitcoin but also your ability to keep your assets safe from thieves (hacker's) to penetrate them.  And how can you make sure of that is by choosing a self custodial wallet that can ensure you of the safety you desire.

That said. In Bitcoin investment, being ignorant of what should be done or any form of negligent isn't spared. A little mistakes can cost us a whole lot we will live to regret all our life. So we should try and do what is expected so we wouldn't learn some tough lessons.

[Cossyblack]

But you don't need it to start buying bitcoin, that's what I want you to see, there is nothing wrong with starting to buy bitcoin even though you don't have a secured wallet yet, you can always get your hands on one later but the fact that you don't have yet shouldn't be what prevents you from buying bitcoin, there are alot of people who started buying and holding their bitcoin from exchanges, it's not the safest but they did not let access to a good wallet stop them from buying bitcoin and frankly you shouldn't either, your bitcoin can always be moved to a secure wallet on a later date.

It won't take you anything to create a self custodial wallet to store your bitcoin. To create a self custodial wallet is simply and the process to create one isn't complex so it will not take much of your time to create one and it's also for your own good because storing your bitcoin in a centralised exchange is risky since you aren't in control of your keys and it could be hack. If the exchange is hack your asset could be lost forever. So since to create a self custodial wallet isn't complex,it is necessary that you create one and then transfer all your bitcoin directly to it, it's more Safer in there than in a centralised exchange and you will be in full of control of your keys. Centralised exchanges are not reliable so it is better that you create a self custodial wallet before you start to invest in bitcoin to ensure that your bitcoin will be safe when you invest.

[AprilioMP]

The most basic concept to get started with Bitcoin is understanding that Bitcoin works just like making a financial transaction. Of course, you need a wallet, and that wallet needs to be secured. That’s why I say understanding wallets and how to secure them is important—because that’s where your Bitcoin is stored.
With information so readily available, anyone can easily become a Bitcoin investor if they follow the steps I’ve outlined.

But you don't need it to start buying bitcoin, that's what I want you to see, there is nothing wrong with starting to buy bitcoin even though you don't have a secured wallet yet, you can always get your hands on one later but the fact that you don't have yet shouldn't be what prevents you from buying bitcoin, there are alot of people who started buying and holding their bitcoin from exchanges, it's not the safest but they did not let access to a good wallet stop them from buying bitcoin and frankly you shouldn't either, your bitcoin can always be moved to a secure wallet on a later date.

Storing it on the exchange is the same as handing over the money you've worked so hard to accumulate to another party. Instead of investing it for the long term and profiting from price returns, you're handing it over to another party whose control lies with you. It's like keeping your money in a bank.
Okay, people keep it on the exchange for a few months because they don't understand. And those who have been holding assets on the exchange for a long time still have it. What can they call them? Stupid, impossible, because they know how to make money.

[Sunshine1525]

But you don't need it to start buying bitcoin, that's what I want you to see, there is nothing wrong with starting to buy bitcoin even though you don't have a secured wallet yet, you can always get your hands on one later but the fact that you don't have yet shouldn't be what prevents you from buying bitcoin, there are alot of people who started buying and holding their bitcoin from exchanges, it's not the safest but they did not let access to a good wallet stop them from buying bitcoin and frankly you shouldn't either, your bitcoin can always be moved to a secure wallet on a later date.

Storing it on the exchange is the same as handing over the money you've worked so hard to accumulate to another party. Instead of investing it for the long term and profiting from price returns, you're handing it over to another party whose control lies with you. It's like keeping your money in a bank.
Okay, people keep it on the exchange for a few months because they don't understand. And those who have been holding assets on the exchange for a long time still have it. What can they call them? Stupid, impossible, because they know how to make money.

People who keep it in exchanges are those who trade with it,  a long term investor values security and only hold longer in wallets that gives them self custody, except the person is nonchalant about security or ignorant of the rightful place to store the coin. Exchange doesn't allow sel custody and no matter how secured they claim to be, they shouldn't be trusted.

If someone is conscious of the risk of storing in exchanges but still considers holding longer with them then you're right to say that such person is stupid, cause the risk is known yet still considered, it's unbelievable.

[Moreno233]

there is nothing wrong with starting to buy bitcoin even though you don't have a secured wallet yet, you can always get your hands on one later but the fact that you don't have yet shouldn't be what prevents you from buying bitcoin, there are alot of people who started buying and holding their bitcoin from exchanges, it's not the safest but they did not let access to a good wallet stop them from buying bitcoin and frankly you shouldn't either, your bitcoin can always be moved to a secure wallet on a later date.

Everything is wrong with starting your bitcoin accumulation journey when you don't have a well secured wallet.  Come on,  what's the  point in accumulating Bitcoin without having a secured wallet?  or do you plan to accumulate Bitcoin for hackers to come and steal it?

However,  before you start your bitcoin accumulation journey,  you need to get yourself a well secured self custodial wallet for storing your Bitcoin,  otherwise you could end up losing  years of sacrifice and effort spent stacking those bitcoins.

It was never advisable to start your bitcoin investment journey without having a secured self custodial wallet.   Also,  keeping your bitcoin on a centralized exchange is very risky,  because it is not your key,  not your coin.  Get a self custodial wallet instead.

Most of us started our Bitcoin investment with exchanges and thought it was the safest place to keep our coins. It was after some time we understood the error in doing that and therefore started using self custodial wallet. As a beginner, you cannot figure out all you need to properly invest and protect your investmemt, you start even from imperfect ways and make improvements along the line. We should not discourage anyone from starting, we can only give them the proper guidance to adopt best practices and they will easily make adjustments while already invested in Bitcoin. In conclusion, people who are not privileged to know much about Bitcoin,  can start wrongly and learn the right thing on the process.

[Italian Panic]

Most of us started our Bitcoin investment with exchanges and thought it was the safest place to keep our coins. It was after some time we understood the error in doing that and therefore started using self custodial wallet. As a beginner, you cannot figure out all you need to properly invest and protect your investmemt, you start even from imperfect ways and make improvements along the line. We should not discourage anyone from starting, we can only give them the proper guidance to adopt best practices and they will easily make adjustments while already invested in Bitcoin. In conclusion, people who are not privileged to know much about Bitcoin,  can start wrongly and learn the right thing on the process.

It’s true that many people started out by buying from exchanges; it’s not a bad entry strategy into this world. Then, if you’re only interested in making a profit, there are other ways to make money.
When you get into Bitcoin, you need to study it and explore its various aspects to understand that its true value lies in its decentralisation and the possibility of having a payment method free from any form of control. At that point, you start doing odd jobs to allow yourself to accumulate your satoshis over time, moving away from exchanges.

[Odohu]

But you don't need it to start buying bitcoin, that's what I want you to see, there is nothing wrong with starting to buy bitcoin even though you don't have a secured wallet yet, you can always get your hands on one later but the fact that you don't have yet shouldn't be what prevents you from buying bitcoin, there are alot of people who started buying and holding their bitcoin from exchanges, it's not the safest but they did not let access to a good wallet stop them from buying bitcoin and frankly you shouldn't either, your bitcoin can always be moved to a secure wallet on a later date.

Storing it on the exchange is the same as handing over the money you've worked so hard to accumulate to another party. Instead of investing it for the long term and profiting from price returns, you're handing it over to another party whose control lies with you. It's like keeping your money in a bank.
Okay, people keep it on the exchange for a few months because they don't understand. And those who have been holding assets on the exchange for a long time still have it. What can they call them? Stupid, impossible, because they know how to make money.

The only time an investor must have his coins in centralized exchanges is during the time of purchase since most people still buy from CEX via card of P2P. When the purchase os made, it should be followed by withdrawal to a private wallet which the investor is in control of the private keys. Even an investor that is doing weekly DCA can decide to be withdrawing weekly or monthly to save money on fees,  although fees these days are very low. Holding Bitcoin in exchanges is a bad idea and should be discouraged.

It is absolutely bad to make investmemt that one is hoping for profits and instead of profits, he is losing his entire money to hackers. The way to profit is long-term investmemt and that requires holding in private wallet.

[Anthony Bill]

Over some months am still thinking amount of money i will use to invest in Bitcoin to become a successful investor  in the future, because to achieve amount of money that will reach me to buy Bitcoin that will turn to double profit or income,I have to hold the Bitcoin for long years before my plan will come to reality. Both small and big investors can make profit or income from Bitcoin investment when he or she have the skills to arrange amount of money that will help them to buy Bitcoin that will multiply their profit or income in the future.

[Taskford]

there is nothing wrong with starting to buy bitcoin even though you don't have a secured wallet yet, you can always get your hands on one later but the fact that you don't have yet shouldn't be what prevents you from buying bitcoin, there are alot of people who started buying and holding their bitcoin from exchanges, it's not the safest but they did not let access to a good wallet stop them from buying bitcoin and frankly you shouldn't either, your bitcoin can always be moved to a secure wallet on a later date.

Everything is wrong with starting your bitcoin accumulation journey when you don't have a well secured wallet.  Come on,  what's the  point in accumulating Bitcoin without having a secured wallet?  or do you plan to accumulate Bitcoin for hackers to come and steal it?

However,  before you start your bitcoin accumulation journey,  you need to get yourself a well secured self custodial wallet for storing your Bitcoin,  otherwise you could end up losing  years of sacrifice and effort spent stacking those bitcoins.

It was never advisable to start your bitcoin investment journey without having a secured self custodial wallet.   Also,  keeping your bitcoin on a centralized exchange is very risky,  because it is not your key,  not your coin.  Get a self custodial wallet instead.

Most of us started our Bitcoin investment with exchanges and thought it was the safest place to keep our coins. It was after some time we understood the error in doing that and therefore started using self custodial wallet. As a beginner, you cannot figure out all you need to properly invest and protect your investmemt, you start even from imperfect ways and make improvements along the line. In conclusion, people who are not privileged to know much about Bitcoin,  can start wrongly and learn the right thing on the process.

Majority of us did not really start perfectly, since lots of newbie begins on exchange. We just learn thru experience understand that why self custody really matters.

Somehow its important for newbies to start what they understand and easy to learn then just improve it step by step. Dealing with Bitcoin is long term journey, this is why its normal to do certain adjustment especially when knowledge improves.

Starting imperfectly still a good progress to us or to anyone. Learnings would just came once we are naturally involve on the scene and we are consistent investing also doing research on many things that can help us to improve more.

[Futurexxx]

Over some months am still thinking amount of money i will use to invest in Bitcoin to become a successful investor  in the future

You don't have to be wasting your time thinking of which amount of money is best used to invest in Bitcoin, all you just need is a discretionary income, which is  the funds that is left after all your basic needs have been met, so once you can figure that out, starting right away is the best way forward, no need wasting time or procrastinating.

,I have to hold the Bitcoin for long years before my plan will come to reality.

Of course, without accumulating consistently and hold for a very long period of time, you stand no chance of making anything good from your investment, because it's only long term investors that stands a chance of making it big from their investment, since Bitcoin is an asset that appreciates in value overtime.

[Promocodeudo]

Over some months am still thinking amount of money i will use to invest in Bitcoin to become a successful investor  in the future, because to achieve amount of money that will reach me to buy Bitcoin that will turn to double profit or income,I have to hold the Bitcoin for long years before my plan will come to reality. Both small and big investors can make profit or income from Bitcoin investment when he or she have the skills to arrange amount of money that will help them to buy Bitcoin that will multiply their profit or income in the future.

Do do you know what makes an investor successful, it starts with your strategy, and what will still be thinking when you would've taken action by now.
Why not start with the amount you have, are in any competition with anyone? You're arr adviced to invest with your discreationary income, what you're doing now is just like playing around if your discreationary income is available, I think what I understand is that, you're more concerned about profit than starting from somewhere, don't you think you are not doing it right? My advice for you, is to start with what yon can afford because it is when you start that you can be more serious in adding more source of income that will help your discreationary income to increase for you to top up.

[Gost ms]

Over some months am still thinking amount of money i will use to invest in Bitcoin to become a successful investor  in the future, because to achieve amount of money that will reach me to buy Bitcoin that will turn to double profit or income,I have to hold the Bitcoin for long years before my plan will come to reality. Both small and big investors can make profit or income from Bitcoin investment when he or she have the skills to arrange amount of money that will help them to buy Bitcoin that will multiply their profit or income in the future.

When an investor becomes successful, it depends on how much risk he has taken and not only on whether he has made a lot of money or has made 2 or 3 times his original investment. Whenever you invest a lot of money without considering your financial situation or risk management and if you lose this amount of money, your financial situation will face a lot of danger, so even if someone makes a profit by investing, it does not seem to me that it is a successful investment at all. The first decision that needs to be made is to protect your financial situation and protect yourself.

Your goal should be long-term, not just on how much you have invested or how much profit you will make when you sell your investment. Whenever you look at your investment only in terms of profit, you may be willing to sell your holdings before the end of the period and if you make this decision, you have not been a successful investor at all or you can say that you are not an investor.

[Rabata]

But you don't need it to start buying bitcoin, that's what I want you to see, there is nothing wrong with starting to buy bitcoin even though you don't have a secured wallet yet, you can always get your hands on one later but the fact that you don't have yet shouldn't be what prevents you from buying bitcoin, there are alot of people who started buying and holding their bitcoin from exchanges, it's not the safest but they did not let access to a good wallet stop them from buying bitcoin and frankly you shouldn't either, your bitcoin can always be moved to a secure wallet on a later date.

It won't take you anything to create a self custodial wallet to store your bitcoin. To create a self custodial wallet is simply and the process to create one isn't complex so it will not take much of your time to create one and it's also for your own good because storing your bitcoin in a centralised exchange is risky since you aren't in control of your keys and it could be hack. If the exchange is hack your asset could be lost forever. So since to create a self custodial wallet isn't complex,it is necessary that you create one and then transfer all your bitcoin directly to it, it's more Safer in there than in a centralised exchange and you will be in full of control of your keys. Centralised exchanges are not reliable so it is better that you create a self custodial wallet before you start to invest in bitcoin to ensure that your bitcoin will be safe when you invest.

Your suggestion is appreciable, but if I look at it a little differently than I say that even if it doesn't take time or cost to create a wallet, creating that wallet and learning how to use it safely are not the same thing. Should we assume that a new person who takes your advice seriously and installs an application and writes seed words is now safer than an exchange?
He can still make mistakes after doing all this. He can take a picture of the seed, download a fake wallet, or lose the backup. So it's not wrong for beginners to start the learning phase by using an exchange. Rather, self-custody without understanding can be risky. So I don't agree with the mandatory condition that you have to create a wallet first and buy Bitcoin.

If someone starts with a small amount from an exchange, keeps it on the exchange for some time, gradually learns about the wallet, and later transfers it to his own wallet, then his long-term accumulation will not be lost.

[AuchanX]

Over some months am still thinking amount of money i will use to invest in Bitcoin to become a successful investor  in the future, because to achieve amount of money that will reach me to buy Bitcoin that will turn to double profit or income,I have to hold the Bitcoin for long years before my plan will come to reality. Both small and big investors can make profit or income from Bitcoin investment when he or she have the skills to arrange amount of money that will help them to buy Bitcoin that will multiply their profit or income in the future.

How much money will double or multiply in the future if you invest in Bitcoin- I think it is more important to look at this question from the perspective of Bitcoin accumulation than to look at it this way. Neither you nor I know for sure the future price of Bitcoin or how much profit will be made at a certain time. Small investors can save Bitcoin regularly, and if they can increase the amount of that accumulation with their income. Here you have to invest according to one of the rules, it is easier to continue investing long-term with discretionary income according to your cash flow.
Ultimately, the goal of success should not be to achieve a specific profit, but to increase your Bitcoin stake over a long period of time.

[Silverstonez]

However, to be an experience Bitcoin investor doesn't really mean you should be only concentrating on how you can be accumulating Bitcoin but also your ability to keep your assets safe from thieves (hacker's) to penetrate them.  And how can you make sure of that is by choosing a self custodial wallet that can ensure you of the safety you desire.

That said. In Bitcoin investment, being ignorant of what should be done or any form of negligent isn't spared. A little mistakes can cost us a whole lot we will live to regret all our life. So we should try and do what is expected so we wouldn't learn some tough lessons.

In my opinion,  I would advise we also discuss about our Bitcoin security in the same way we discuss Bitcoin accumulation and accumulating strategies,  because it will help those who are just getting started with their Bitcoin accusations journey to learn how they can properly secure their bitcoin investment for the long term.

And there is no point accumulating Bitcoin if you don't know how to properly secure it from hackers and scammers who could drain your Bitcoin investment,  In conclusion,  let's not be ignorant of what need to be done,  when It should be done,  so that we won't spend years accumulating bitcoin only for scammers or hackers to come steal it from us.