Can small investors actually make good profit with bitcoin ?

[Ruttoshi]

Atcoins investment gives fast profit if you are lucky to invest in a coin that has good potentials to pump and you are very fast to take your profit but it doesn't favour investors all the time because it doesn't give a long profit it only gives you fast profit if pick a good one but others who aren't lucky will face the consequences when it dumps. A good investor will not include any altcoin for long term project because most of the projects are pump and dump and holding them will cost you everything you have because once they crash they may not bounce back again. Investors who are into the business for long will use altcoin to risk some amount just to see if they can take fast profit but when they plan for long term they know the right asset to invest in which is bitcoin.

Investment should be for the future and not about short time profit because that's what will mislead you into losses since buying altcoins is the same thing as gambling. You might think that you will be smart to make profit from altcoins but the opposite is the case for many. Since, investment is to preserve wealth or pile up wealth for your future. Bitcoin is the best and should only be focused on. Altcoins are distractions because this was how I bought some altcoins in the beginning and regretted it.

Since, the creation of bitcoin, the price have been increasing till date and that shows that it's a good asset to buy, grow your stash and hodli for long-term. Altcoins are centralized making it a no go area for me anymore because I love bitcoin for giving me the opportunity to be my own bank and the decentralized nature it has. Think wealth, think bitcoin.

[L E G E N D A R Y]

Atcoins investment gives fast profit if you are lucky to invest in a coin that has good potentials to pump and you are very fast to take your profit but it doesn't favour investors all the time because it doesn't give a long profit it only gives you fast profit if pick a good one but others who aren't lucky will face the consequences when it dumps. A good investor will not include any altcoin for long term project because most of the projects are pump and dump and holding them will cost you everything you have because once they crash they may not bounce back again. Investors who are into the business for long will use altcoin to risk some amount just to see if they can take fast profit but when they plan for long term they know the right asset to invest in which is bitcoin.

Altcoins investment sounds pretty much like gambling to me, because you mentioned that an investor can only be profitable in this kind of investment if they are lucky, and gambling is kinda like where we need luck to win or make profits. And you are in fact very correct, and the worst part of these type of investment isn’t even the volatility part but the unpredictability aspect, where an investor may not even know if the market he’s about to enter or invest in is just another pump and dump project or if they’re gonna get rug pulled the next minute, just too risky.

[traderethereum]

The truth of the matter is that many investors who are coming into the crypto space have a short term mindset on Bitcoin. They can't wait that long for the little money they invest in Bitcoin to give them many profits. That's why they choose to invest in higher-risk coins (altcoins), thinking that will give them the reasonable profits they desire, instead of Bitcoin whose future price is unknown to everyone.

Investing in altcoins may actually promise short term gains, but anyone who’s been around the crypto space for a long time would understand how risky these assets are and may not even have the guts to invest in them or hold them for the longer term. These type of investments are only good for those who have really understand that possibilities of risks and rewards of that market and have really understood what they are really walking into and not just someone who’s still pretty much naive and I just more focused on the potentials for profitability.

Atcoins investment gives fast profit if you are lucky to invest in a coin that has good potentials to pump and you are very fast to take your profit but it doesn't favour investors all the time because it doesn't give a long profit it only gives you fast profit if pick a good one but others who aren't lucky will face the consequences when it dumps. A good investor will not include any altcoin for long term project because most of the projects are pump and dump and holding them will cost you everything you have because once they crash they may not bounce back again. Investors who are into the business for long will use altcoin to risk some amount just to see if they can take fast profit but when they plan for long term they know the right asset to invest in which is bitcoin.

That depend on the altcoin because from all of altcoins, you may only get less than 50 or even only 20 work altcoins. The investment time may not takes too long so you should be careful selecting the coin. Besides that, the risk will be too big because no one know which altcoin will increases short or long term. If you want to avoid big risks and play for long term, Bitcoin will be better than altcoin so you only use altcoin for short term investment. You should remember that altcoin follow Bitcoin movement and if Bitcoin down, the down for altcoin could be too deep. That will makes you panic and makes a short decision. If you are a small investor and want to invest in Bitcoin, the strategy will be buy gradually and hodl for some years, 4-5 years at least so you will see the profit.

[Merit.s]

That depend on the altcoin because from all of altcoins, you may only get less than 50 or even only 20 work altcoins. The investment time may not takes too long so you should be careful selecting the coin. Besides that, the risk will be too big because no one know which altcoin will increases short or long term.

Investment should be for the future and not about short time profit because that's what will mislead you into losses since buying altcoins is the same thing as gambling. You might think that you will be smart to make profit from altcoins but the opposite is the case for many. Since, investment is to preserve wealth or pile up wealth for your future. Bitcoin is the best and should only be focused on. Altcoins are distractions because this was how I bought some altcoins in the beginning and regretted it.

Since, the creation of bitcoin, the price have been increasing till date and that shows that it's a good asset to buy, grow your stash and hodli for long-term. Altcoins are centralized making it a no go area for me anymore because I love bitcoin for giving me the opportunity to be my own bank and the decentralized nature it has. Think wealth, think bitcoin.

[sotelorene]

Altcoins investment sounds pretty much like gambling to me, because you mentioned that an investor can only be profitable in this kind of investment if they are lucky, and gambling is kinda like where we need luck to win or make profits. And you are in fact very correct, and the worst part of these type of investment isn’t even the volatility part but the unpredictability aspect, where an investor may not even know if the market he’s about to enter or invest in is just another pump and dump project or if they’re gonna get rug pulled the next minute, just too risky.

You are making sense and at same time calling gambling investment isn't that confusing? People who go into altcoins are majorly for short term profit or quick profit and sometimes they tends to be very lucky to get in at the perfect time and sometimes it is as if they knew that they are entering the perfect time but they don't..., also, they incur loss anytime they didn't enter at the right time which is why investing is much better than trading since you don't have to worry about the short term.

[L E G E N D A R Y]

You are making sense and at same time calling gambling investment isn't that confusing?

Investment is simply putting your time, money or resources into something with the expectation of profitability in the future, so technically putting money in or buying altcoins is investment (at least for some people) because they put in money, time and resources into it with expectation of making profits. It’s still an investment, only that it’s a wrong choice of investment

[BluebloodCXVI]

Atcoins investment gives fast profit if you are lucky to invest in a coin that has good potentials to pump and you are very fast to take your profit but it doesn't favour investors all the time because it doesn't give a long profit it only gives you fast profit if pick a good one but others who aren't lucky will face the consequences when it dumps. A good investor will not include any altcoin for long term project because most of the projects are pump and dump and holding them will cost you everything you have because once they crash they may not bounce back again. Investors who are into the business for long will use altcoin to risk some amount just to see if they can take fast profit but when they plan for long term they know the right asset to invest in which is bitcoin.

Investment should be for the future and not about short time profit because that's what will mislead you into losses since buying altcoins is the same thing as gambling. You might think that you will be smart to make profit from altcoins but the opposite is the case for many. Since, investment is to preserve wealth or pile up wealth for your future. Bitcoin is the best and should only be focused on. Altcoins are distractions because this was how I bought some altcoins in the beginning and regretted it.

Since, the creation of bitcoin, the price have been increasing till date and that shows that it's a good asset to buy, grow your stash and hodli for long-term. Altcoins are centralized making it a no go area for me anymore because I love bitcoin for giving me the opportunity to be my own bank and the decentralized nature it has. Think wealth, think bitcoin.

lol most folks will treat crypto as if it is a casino and then start acting shocked when they lose their money to it.

Most people also don’t realize that Altcoins were designed to extract attention and capital from people but Bitcoin on the other hand was designed to store it, there’s levels to this game man.
Anyway, the fact that you have already felt the regret of buying alts too early is actually an advantage for you, most folks never learn that lesson quick until it is too late.

Bitcoin doesn’t need to do anything fancy, it only just need to keep existing as hard money, that’s all; everything else is just a distraction.

[Moreno233]

Atcoins investment gives fast profit if you are lucky to invest in a coin that has good potentials to pump and you are very fast to take your profit but it doesn't favour investors all the time because it doesn't give a long profit it only gives you fast profit if pick a good one but others who aren't lucky will face the consequences when it dumps.

If you know how many lives altcoins aka shitcoins have ruined, you will not allow yourself to believe that altcoins gives profits because that thought a lone may trick you into trying with the hope of being lucky. You don't need to go far, just remember the shitcoins of Donald Trump and family, the recked so many people who bought the hype and thought they had seen a shortcut to join the 1% that control 99% of global wealth.

If we consider the risk associated with investing in altcoins, the whatever possibility of making profits that exist therein becomes immaterial.  Don't think of investing in altcoin, it often end in regrets, the statistics is there about the rate at which altcoins fail, the percentage is staggering.  Bitcoin is much peaceful because even though you may or may not see profits immediately, you are not likely to see your investment return to zero and liquidity vanished and leaving you with worthless piece of trash.

[jossiel]

We should discourage people from taking loans and investing in trading Bitcoin. Because when we borrow money, it's extra sense of responsibility and Bitcoin is very volatile, there is no fixed profit in this space. If we lose, it's our own money but if it's borrowed one then the pressure of recovering that money and returning it to owner will pressure our decision capabilities. Maybe after drop it will recover soon but with a pressurized mindset, we have already made the wrong decision. We should save some capital before starting to invest it's better than taking loan. These are not just my words or sayings; it is reality.

We should.

If there are some investors who are asking what to do and this is what's on their mind, it's best to tell them not to do it.

Because it will be a regret when they have decided it. They have to understand that we're not discouraging them but, we're helping them to avoid further problems with their finance if that's the strategy they do.

No need to take advance money or loans if they want to invest in bitcoin. Starting with the little they have is a good start.

[Primark]

The truth of the matter is that many investors who are coming into the crypto space have a short term mindset on Bitcoin. They can't wait that long for the little money they invest in Bitcoin to give them many profits. That's why they choose to invest in higher-risk coins (altcoins), thinking that will give them the reasonable profits they desire, instead of Bitcoin whose future price is unknown to everyone.

Investing in altcoins may actually promise short term gains, but anyone who’s been around the crypto space for a long time would understand how risky these assets are and may not even have the guts to invest in them or hold them for the longer term. These type of investments are only good for those who have really understand that possibilities of risks and rewards of that market and have really understood what they are really walking into and not just someone who’s still pretty much naive and I just more focused on the potentials for profitability.

Atcoins investment gives fast profit if you are lucky to invest in a coin that has good potentials to pump and you are very fast to take your profit but it doesn't favour investors all the time because it doesn't give a long profit it only gives you fast profit if pick a good one but others who aren't lucky will face the consequences when it dumps. A good investor will not include any altcoin for long term project because most of the projects are pump and dump and holding them will cost you everything you have because once they crash they may not bounce back again. Investors who are into the business for long will use altcoin to risk some amount just to see if they can take fast profit but when they plan for long term they know the right asset to invest in which is bitcoin.

It seems like gambling.  Because you yourself said it depends on luck. In gambling, luck is usually given the most importance. So it is better not to discuss these things, because it can create the biggest risk for small and new investors. Because if a new investor initially enters all the shitcoins in the hope of big profits where timing, hype, pump and exit point are not right, there can be big losses, then it is not a long-term investment plan. To me, that is nothing more than short-term speculation. Yes, Bitcoin can increase and decrease slowly, but its potential in the long term is quite attractive. Long-term potential is what made Bitcoin a digital asset. But I think if you put money in any shitcoin, it is not an asset and it is not an investment either. Even if Bitcoin increases slowly, there is an opportunity to create wealth according to your ability, which may not be in any other thing. I am not saying that investing in Bitcoin will definitely bring good results. However, if someone saves even a small amount regularly according to their ability, in the long term  If you plan and don't sell out of fear or compulsion, then your position can probably improve gradually. But when you are talking about altcoins, I would say that if you make a wrong entry in altcoins, not only is profit missed, but capital is also lost. Again, once you dump a coin, there is no guarantee that you will recover it or not. That's why Bitcoin is completely different.

[Betwrong]

~Say, someone took a loan in Summer this year, when Bitcoin was $60k, bought BTC with the money and cash out at $80k today. Would he be in profit? Yes. But could anyone predict in July that BTC will be $80k+ in September? No. No one could predict that. Bitcoin is unpredictable.

That would be dumb to take a loan to buy bitcoin and it would be dumb to sell out for 33% profit.

There were guys in 2016 who bought at $600 and sold out between $800 and $2k, yet that ended up being pretty dumb.

Yeah, I personally agree. It was just an example for those who think that 33% profit is enough.

In bitcoin it has tended to be good to come into it with a relatively long time horizon of 4-10 years or longer rather than fucking around with mediocre profits,

There's no doubt about that. The history of Bitcoin is showing us that the longer you wait, the better.

~I would even say that holding BTC for 4 years would be most likely enough to make a profit.
(Sometimes I regret talking about Bitcoin as of a thing you can make a profit from. Bitcoin is an amazing form of money first of all. We shouldn't forget about that.)

~ But hey.  Do what you like and use bitcoin for mediocre profits and perhaps meaningless strategies to actually advance your wealth status.~

Absolutely. It's not about me because I'm not that good in "strategies that can advance my wealth status", I'm making my money the hard way, but if people want to have fun with trading Bitcoin, why not? I can only wish all the best to them.

[slaman29]

Absolutely. It's not about me because I'm not that good in "strategies that can advance my wealth status", I'm making my money the hard way, but if people want to have fun with trading Bitcoin, why not? I can only wish all the best to them.

Hey friend, just drive by comment here as I saw someone call it lol but people who trade Bitcoin generally won't end up having fun, I can say this with tons of experience with trading in general

Much better to use one of those cashback apps where you get free stocks with balances, fun to make cents and dollars rather than lose loads of time, hair and sleep Because that's what trading Bitcoin does to you end of the day.

People might get sick of me saying it, but just DCA, its the best form of trading. And most consistent, and believe me, most fun

[Nasdel4]

Profit is profit no matter how small or huge it is, you don't have to measure your profit as a small investor with those that invested huge amounts. The bigger the investment, the bigger the risk involved. If you were to lose your small investment in bitcoin, will you be comparing your loss to bigger investors? That's an absolute NO... So focus more knowledge building your bitcoin portfolio than making comparisons.

[ultrloa]

Absolutely. It's not about me because I'm not that good in "strategies that can advance my wealth status", I'm making my money the hard way, but if people want to have fun with trading Bitcoin, why not? I can only wish all the best to them.

Hey friend, just drive by comment here as I saw someone call it lol but people who trade Bitcoin generally won't end up having fun, I can say this with tons of experience with trading in general

Much better to use one of those cashback apps where you get free stocks with balances, fun to make cents and dollars rather than lose loads of time, hair and sleep Because that's what trading Bitcoin does to you end of the day.

People might get sick of me saying it, but just DCA, its the best form of trading. And most consistent, and believe me, most fun

Trading is actually good at first,  when they are winning and already taste their early victories. But this is not sustainable knowing market is so unpredictable, then same goes with their earnings.

This is the reason why many people have lots of experience would truly point out that DCA is really the most simplest approach and also enjoyable to sustain.

Because it can take away those stress that they feel and also they don't need to be so technical to do this type of investment. People can sleep so well doing this since they don't need to worry about the pumps and dumps happening in the market.

[Tetu100]

If you know how many lives altcoins aka shitcoins have ruined, you will not allow yourself to believe that altcoins gives profits because that thought a lone may trick you into trying with the hope of being lucky. You don't need to go far, just remember the shitcoins of Donald Trump and family, the recked so many people who bought the hype and thought they had seen a shortcut to join the 1% that control 99% of global wealth.

Mate you don't have to mention. Because I already know how risky it is for choosing alt coin over bitcoin. However, this is one costly mistake people do make all in the cost of chasing quickly profits that will later end them in deep night mare. I can remembered sometime ago when a friend of mine lost a nearly $5k on alt of which I once warned him about.

If we consider the risk associated with investing in altcoins, the whatever possibility of making profits that exist therein becomes immaterial.  Don't think of investing in altcoin, it often end in regrets, the statistics is there about the rate at which altcoins fail, the percentage is staggering.  Bitcoin is much peaceful because even though you may or may not see profits immediately, you are not likely to see your investment return to zero and liquidity vanished and leaving you with worthless piece of trash.

Absolutely correct bro. Investing in Bitcoin is much more better than alt. However, the fact are so obvious that we can always see, but greed and desperation for quick wealth has blinded so many people from the real deal and land them in to what they didn't expect. Furthermore, I will advice we disregard every flashy things people normally say about alt cuz it could be very misleading and can make you regret everything in no time. Bitcoin investment have more better future ahead than alt coin.

[sotelorene]

Profit is profit no matter how small or huge it is, you don't have to measure your profit as a small investor with those that invested huge amounts. The bigger the investment, the bigger the risk involved. If you were to lose your small investment in bitcoin, will you be comparing your loss to bigger investors? That's an absolute NO... So focus more knowledge building your bitcoin portfolio than making comparisons.

This is exactly were most people lost or missed it, especially those who do not have a big discretionary income. They will forget they don't have the same source of income with the person they want to follow and competite with and sometimes they go as far as touching or using their expenses money to purchase Bitcoin simply because they want to rub shoulder with someone who is by far bigger and greater than them. Self contented is very important in Bitcoin investment because it will make one not fo covet and make wrong decisions.

[JayJuanGee]

~I would even say that holding BTC for 4 years would be most likely enough to make a profit.
(Sometimes I regret talking about Bitcoin as of a thing you can make a profit from. Bitcoin is an amazing form of money first of all. We shouldn't forget about that.)

.....But hey.  Do what you like and use bitcoin for mediocre profits and perhaps meaningless strategies to actually advance your wealth status......

Absolutely. It's not about me because I'm not that good in "strategies that can advance my wealth status", I'm making my money the hard way, but if people want to have fun with trading Bitcoin, why not? I can only wish all the best to them.

Of course, guys can do whatever they like, including dumb shit that involves trading and/or involving themselves in shitcoins, yet I see no reason to act as if those kinds of practices are within the realm of smartness, mere since guys do them and are tempted into such largely gambling dumbness.

In other words, if we already recognize/appreciate investing into bitcoin to be the superior path forward, then why should we present the matter as a "whatever, do what you like" kind of a situation, even though I agree in the end, guys can do whatever, they like, yet we can still talk about and promote the idea of investing rather than trading and we can also denigrate the idea of trading, too.

People might get sick of me saying it, but just DCA, its the best form of trading. And most consistent, and believe me, most fun

Actually, you are likely correct @slaman29.

Depending on guys budgets and even how screwed up their finances and/or psychology when they get started buying bitcoin regularly, it may well take some time for guys to get their finances/psychology in order and to be able to measurably see that their DCAing and even their efforts in strengthening their cashflow management are starting to pay off and to give them more options and less stress.

It can take years and years and years to really build networth and to allow guys to feel that they have more options, even when they have such a good and promising investment like bitcoin that is available to everyone and anyone who has discretionary funds, even guys who might start out their buying of bitcoin with relatively small amounts, they may well end up getting into a good practice of ongoingly buying bitcoin while also strengthening their cashflow by ongoingly building their back up funds too (perhaps simultaneously?) and then after a few years, they are seeing that their efforts are paying off. even though surely bitcoin prices are not guaranteed to cooperate and it is also not guaranteed that they might not makes some screw ups in their execution, too.

Profit is profit no matter how small or huge it is, you don't have to measure your profit as a small investor with those that invested huge amounts. The bigger the investment, the bigger the risk involved. If you were to lose your small investment in bitcoin, will you be comparing your loss to bigger investors? That's an absolute NO... So focus more knowledge building your bitcoin portfolio than making comparisons.

There are no needs for beginner investors in bitcoin to focus on profits at all, and they may well focus on ongoingly building their bitcoin stack size by ongoingly buying bitcoin and by strengthening their cashflow management systems/practices.  The profits portion will likely work itself out, especially for guys investing into bitcoin for 4-10 years or longer.

[Son Of Blockchain (SOB)]

Profit is profit no matter how small or huge it is, you don't have to measure your profit as a small investor with those that invested huge amounts. The bigger the investment, the bigger the risk involved. If you were to lose your small investment in bitcoin, will you be comparing your loss to bigger investors? That's an absolute NO... So focus more knowledge building your bitcoin portfolio than making comparisons.

There are no needs for beginner investors in bitcoin to focus on profits at all, and they may well focus on ongoingly building their bitcoin stack size by ongoingly buying bitcoin and by strengthening their cashflow management systems/practices.  The profits portion will likely work itself out, especially for guys investing into bitcoin for 4-10 years or longer.

Profits might come on the long run if Bitcoin gets more valuable and the investor invested properly but building a portfolio isn't centered around profits, even in reality when building some the focus isn't on the end point but making sure a good result is achieved at the end, there making sure the investment is successful should be an investors goal.
 Why many investors are unsuccessful is because they focus on a future they've not even built or work on achieving, if someone doesn’t built a good portfolio with good strategy then the profits the person is centered on won't even be achieved.

[samadam007]

Trading is actually good at first,  when they are winning and already taste their early victories. But this is not sustainable knowing market is so unpredictable, then same goes with their earnings.

I don’t think you should sugarcoat trading….. there’s nothing good about it. The fact someone know bitcoin tends to reward long term investors more, but choose to trade his own for cheap profit is absurd. Folks should think about the bigger picture and opportunity they will miss if bitcoin peaks better in the future. Majority of folks that gambled away their bitcoin in the past for cheap profits regretted it years later. Instead of chasing quick pofits,the focus should be on building a good portfolio long term, so the person will be among those that would benefit from bitcoin future potential.