Profiting from BTC: just luck?

[LUCKMCFLY]

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?

No btc holders profit comes from luck only, risk must be taken here, investment must be made and then profit can be reaped. Now if I just sit on luck without investing, but profit will never be made. But whenever I take risk and invest, I get success. That's why I say BTC holders' profits don't come from luck. Yes I am definitely a BTC holder.  Success helps me hold BTC. I will definitely hold onto my bitcoin until sir market until new ATH is created in the bitcoin market.

The greatest benefits of bitcoin will always be seen when the bullish trend occurs, there is no doubt about that, therefore when we are operating things are usually very different, some want to have bitcoin, but they are the people who do not buy when it is cheap, At the moment the price of bitocin is high, it may be that we will obtain less sats than before, but if we consider that bitcoin will rise to more than $100k, in fact that will be the case, then or is it luck , it is something really planned and thought out It will happen like this, then there is no reason to see things as bad or anything like that, things will turn out for the better if we invest in time, that is something very intelligent and it can be done, there is no other way.

For those who bought many years ago and didn't even remember about this and now they are Lucky, because they are people who are really very lucky.

[JoyMarsha]

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?

1. How will I regard Bitcoin investment profits as luck whereby I make a move for it, I understand how the market works by knowing when to invest during the bearish and when to sell during the bull run.

I can't know all this and still address my profits in bitcoin as being luck

2. I have heard of what it has done in the past ''making millions of people millionaires'' and it is still making millions of people millionaires up to date, you can add me as one of them soon(during the bull run).

3. Till 2025. Although I will sell some part of my bitcoin and hodl the rest until when I feel like selling again(that doesn't stop me from accumulating Bitcoin at a low price)

[PX-Z]

Luck came unexpectedly, if you know and sure what is your next move, when to buy or sell and make profit, then you can't call it a luck, it's a skill. But if you don't know or no idea of the above mentioned, then just buy or sell of nowhere then make profit, then that's a luck.

I hodl, but after the dump, obviously i convert it to stablecoins. You need rational reasons to sell don't just believe something that it will bounce back when most crypto is in red.

[Agbe]

Received 1+karma for this great thread. The phrase of bitcoin is for everyone has been defeated. Bitcoin now is not for all but for the few privilege ones. One thing that is making the poor not to have access to the bitcoin network is the ordinals. When the transaction fee is very high, the following people can't have access to the network again. The poor, retail businesses, and other lower class persons. If really the transaction fee was very low as it was when bitcoin was created then bitcoin would have been the best currency in the world but for now the high transaction fee has spoiled everything that not everyone has the access to the network or purchase bitcoin again.

[Power420]

Making profit from bitcoin has gone beyond ordinary luck, we need to know what we are doing, conduct some level of research and as well take risk in making investment in it, this is not like gambling that we just expect luck to come in any way, am not assuming there's no luck as well in making investment in bitcoin, but things were not just done like that, we have to prepare and plan for them to make it all happen and profitable.

Bitcoin has got so many transaction fees that it is very expensive to transact at present. And currently Bitcoin has fallen so low that it is very difficult to make profit from it. Because the price of Bitcoin has decreased by several times than to make a trade or hold and currently I am facing losses. So there is a little recovery at present to keep myself calm.

[EthereumDev_]

Received 1+karma for this great thread. The phrase of bitcoin is for everyone has been defeated. Bitcoin now is not for all but for the few privilege ones. One thing that is making the poor not to have access to the bitcoin network is the ordinals. When the transaction fee is very high, the following people can't have access to the network again. The poor, retail businesses, and other lower class persons. If really the transaction fee was very low as it was when bitcoin was created then bitcoin would have been the best currency in the world but for now the high transaction fee has spoiled everything that not everyone has the access to the network or purchase bitcoin again.

Transaction fees using Bitcoin will become cheap when the volume of transactions on the blockchain decreases and that will make transactions loose and usually the fees required are only around $2 until $5 for each transaction.

[bitterguy28]

1.
• Is the profit of BTC holders just from luck?

Answer = no and will never be because we worked and spend for this and also risked so much .

2.
• Are you a BTC holder? What makes you keep believing and holding BTC?

Answer = Because I already made some good profit in this , and also this helps me have transactions in all parts of the world easily and safely.

3.
• When will you hold BTC until?

Answer =  till Forever?  exaggerating but true .

There is no point in keeping Bitcoin away forever, it is best to plan and keep it away for a specific period of time. A Bitcoin holder has a plan for at least five to ten years and many prove themselves to be solid investors by holding out for shorter periods and longer periods. I am also a Bitcoin holder I myself have accumulated almost a lot of money buying Bitcoins. I intend to hold my bitcoins until at least 2032, from where I want to reap massive benefits.
[/list]

That's yours mate but not ours as we all have our ow n beliefs and decisions ,if you don;t want to keep your bitcoin for long years then do so but we will remain HODLING like what those first adopters did and now seeing their product .
I respect yours and so respect outs also .

[Agbe]

Transaction fees using Bitcoin will become cheap when the volume of transactions on the blockchain decreases and that will make transactions loose and usually the fees required are only around $2 until $5 for each transaction.

Then poor people will be edge out from using bitcoin because the transaction fee bitcoin will never go down if the transaction fee can only go down when the number of users of bitcoin have reduced in the Blockchain and that is not possible again because the transaction fee as of 2021 when I meant bitcoin is not the same again. No that we are saying the price of transaction fee is very low but as for me it is still high because it still up to $2-3 dollar but before it was $0.004

[Jamal Aezaz]

1. How will I regard Bitcoin investment profits as luck whereby I make a move for it, I understand how the market works by knowing when to invest during the bearish and when to sell during the bull run.

I can't know all this and still address my profits in bitcoin as being luck

2. I have heard of what it has done in the past ''making millions of people millionaires'' and it is still making millions of people millionaires up to date, you can add me as one of them soon(during the bull run).

3. Till 2025. Although I will sell some part of my bitcoin and hodl the rest until when I feel like selling again(that doesn't stop me from accumulating Bitcoin at a low price)

If you are thinking that bitcoin is luck then you will not focus on time for buying and selling your bitcoin and you will also not utilise your strategy therefore one should not consider bitcoin profit as a luck.

If you are not altering your ideas due to unfavorable conditions of market and are still buying with DCA method and are holding bitcoin then you will also become Millionaire like that of the people in past but if your focus is just to gather money without thinking about target then you will not be a Millionaire.

Your last point is appreciable because selling of all bitcoin is not a good idea so you are selling some during Bull season and some will be holded until you get satisfied for your success. You can still accumulate bitcoin if you posses money therefore don't stop to buy if you have money and market is dump.

[ScamViruS]

That's yours mate but not ours as we all have our ow n beliefs and decisions ,if you don;t want to keep your bitcoin for long years then do so but we will remain HODLING like what those first adopters did and now seeing their product .
I respect yours and so respect outs also .

Yeah. We can't change someone's point of view, we can respect their point of view. Long-term holders of bitcoins win In the end, early holders of bitcoins have now received returns so high that it was beyond anyone's imagination at the time. Even at that time, many people sold their bitcoins after seeing the bitcoin correction, losing faith in bitcoin, but they took a long time to realize their expensive mistake. So many things are still being discussed. But believers like us keep bitcoins in their wallet.

[Z-tight]

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

1. I would not call it luck, there are so many crypto events that cause the price of BTC to rise or fall and this is what makes people make profit or lose. I.e. spot etf's were approved earlier this year and we saw the influence it had on the price BTC, we are also aware of how the halving affects the price too. As long as there is demand for BTC, there is always an opportunity to earn returns if you are patient.

2. BTC is useful, it solves real problems. It is also decentralized and there is no single point of failure, there are many reasons to hold and use BTC.

[Captain Corporate]

At times it can be considered a bit of a lucky move, depends on how you got in as well. If you have done technical analysis and you have worked really hard for it and the end result is that you still get nothing, then I would understand why that would be different. However, if we are talking about a situation where you just happen to invest because you felt like it and then you make a profit? Thats purely luck and nothing more. Those are important differences and I think its going to matter a lot. You do not have to make a big change in anything, just accept that you are going to be lucky if you do not have data backing up your decision.

[robelneo]

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

• Is the profit of BTC holders just from luck?

No it is always a choice not because you are one of the early bird you're the only one who's going to profit, even those who comes in 5 or seven years later have made huge profit its always about making the right choice by proper analysis.

• Are you a BTC holder? What makes you keep believing and holding BTC?

If you are aware on what's going on the community and how fast the adoption is you will beleive and continue to invest and hold BTC

• When will you hold BTC until?

All my life I dedicated to holding Bitcoin and will allocate as inheritance to all my children because Bitcoin will continue beyond my lifetime.

[Wiseman]

There can only be one thing luck, if you collect satoshi by performing some actions within a few seconds a day and do this for several years and then you see that you have collected these satoshi for half a bitcoin) and this amount is already so large that you can buy yourself something expensive))

[EthereumDev_]

There can only be one thing luck, if you collect satoshi by performing some actions within a few seconds a day and do this for several years and then you see that you have collected these satoshi for half a bitcoin) and this amount is already so large that you can buy yourself something expensive))

That's right, this method can be said to be saving at any price, buying bitcoin on a small scale, doing it every day using a small amount of capital is enough. After a year goes by, it won't feel like you've collected a lot of bitcoin and you're getting a lot.