What got you interested in Bitcoin

[SamReomo]

However, determining the right time is not easy, because the right thing is to sell at the ATH, but we know where the ATH point will occur.

A better approach to sell ones holdings should be at the time when Bitcoin forms a new ATH because at that point most people who have invested in Bitcoin would make profits from that investment.

Sometimes it's way better to follow another approach by selling your Bitcoin holdings at 10% profit as that's enough profit for some people.

I personally follow the 2nd approach as with that approach I can sell for profit and when market dumps again I can accumulate more Bitcoin.

[doc]

However, determining the right time is not easy, because the right thing is to sell at the ATH, but we know where the ATH point will occur.

A better approach to sell ones holdings should be at the time when Bitcoin forms a new ATH because at that point most people who have invested in Bitcoin would make profits from that investment.

Sometimes it's way better to follow another approach by selling your Bitcoin holdings at 10% profit as that's enough profit for some people.

I personally follow the 2nd approach as with that approach I can sell for profit and when market dumps again I can accumulate more Bitcoin.

Your method for making a profit buying and selling bitcoin by targeting 10% profit is a good thing and makes sense, if I had a lot of time to do that I would do the same thing, because my busy real world makes me rarely monitor the market, maybe someday I will follow your advice. Because currently I only buy when it is bearish and hold until the bullish season next year.

[Asiska02]

My question :
Do all members on this forum have assets in the form of Bitcoin?
And
What are the reasons that make you interested in investing in Bitcoin Apart from knowing that the price has increased every year?
Let's discuss togethers.

First things first, I will say I have been storing bitcoin because of the store of value peculiar to it and not necessarily for the benefits that it entails when you invest into them as a profitable asset. One of the most important features of it that made me love it is because it can be invested in and can make you profitable after holding for a long time. I am most interested in that aspect of it but I find myself using it more often as a means of exchange and payment of service rather than holding for the long time to be profitable in it. I still have strong believe in its potential for the future, and will also keep some for that benefit not to pass me by also.

[TomPluz]

I have invested in Bitcoin because I know that after a long period of time I can recover my losses and become profitable from the investment.

This is the reason that almost everyone says, including me too. We believe in bitcoin because we can see how bitcoin grows over time and that makes us believe in bitcoin. However, we must have long-term planning if we want to invest in bitcoin. Maybe we can invest in the short term as long as we get a profit, but in my opinion that is not optimal in making a profit. So it is better for us to invest for a very long time to achieve maximum profits.

The idea of HODLING Bitcoin for the long-term is based on historical precedents and that is why we know that eventually Bitcoin will be increasing in value on a year-to-year basis maybe with some few exemptions but overall this is an accepted fact. There are a lot of people like me who are not into trading and don't have the technical inclination to get into the learning curve so investing and seemingly just forgetting our Bitcoin can be the best option. This is just like having a savings account that you will only withdraw after some years except that we know Bitcoin has the potential to give us some financial independence if done the right way. Are you using DCA with your Bitcoin investing?

[Gurujebs]

A better approach to sell ones holdings should be at the time when Bitcoin forms a new ATH because at that point most people who have invested in Bitcoin would make profits from that investment.

Sometimes it's way better to follow another approach by selling your Bitcoin holdings at 10% profit as that's enough profit for some people.

I personally follow the 2nd approach as with that approach I can sell for profit and when market dumps again I can accumulate more Bitcoin.

The problem is that majority of people don't know when to sell at the all time high. They are always caught by the Bitcoin opium and don't want to sell and since that opportunity is a come but once time, they tend to believe there could be a second chance and while they wait, that could be the time Bitcoin price will be due for corrections, and they wouldn't be able to sell again because it will be a loss.

As a Bitcoin holder, once you have profited in your Bitcoin investment, the moment you see your portfolio in a profits in good amounts, try and sell some amount and leave the rest perhaps the price will go up later and if the dump continues, you can sell the rest and buy back again later when it hit new lows again.

[SamReomo]

Your method for making a profit buying and selling bitcoin by targeting 10% profit is a good thing and makes sense, if I had a lot of time to do that I would do the same thing, because my busy real world makes me rarely monitor the market, maybe someday I will follow your advice. Because currently I only buy when it is bearish and hold until the bullish season next year.

Your approach of buying in bearish season and selling in bullish season is the one that all those busy investors follow who can't devote much time to monitor the market.

I'm a trader as well and that's why I monitor the market multiple times a day but sometimes when I'm too busy then at those days I only check the market 4-5 times per week.

When you have enough time to monitor the market then I suggest you to follow my strategy as that maybe helpful for you.

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As a Bitcoin holder, once you have profited in your Bitcoin investment, the moment you see your portfolio in a profits in good amounts, try and sell some amount and leave the rest

That's a good approach but I believe one should keep some amount for holding for long term and allow the rest of profitable trading as you suggested. That way one can make profits and still holds something and if market continues going upward then one can make good profits by selling at high values.

[Metha Wulandarin]

<snip>

To be very honest, your part of story is kinda relatable with me, and I really can feel your side of the story and appreciate you for your struggle if you are not on BTT but you are here on reputable rank. Yes, It is the fact that people are stingy there, as they share very few merits with each other, although merit sources play a very good role to help their junior members to achieve there next rank. I really suggest you to register again your account there as well.

I have been struggling from one year on BTT and i am very close to Senior member rank there but i never have accepted there in any campaign which pays a good pay rate Once i was selected in a campaign which has too many slots based on FCFS so thats is why i was selected in the ending slot that in result, i got a very low pay rate, but you can assume it as nothing (haha). i was hoping to rank up in the campaign in case any of the above participants leave, i will rank up but no one leave that campaign. I am still hoping to get selected on BTT one day, as I have spent my long time there. Never leave hopes!

The same of mine as yours, my friends used to do work in university days. i asked them what are they doing, one of them suggested me to register account on BTT and he also guided me very well. I also learned a lot from the guidance threads that are available there for the newbie users.

I tried to register again on BTT and the registration was successful but I couldn't make posts and such.
This is the description of the page at the beginning

*Your IP address has previously been used for evil on this forum, or it is a known proxy/VPN/Tor exit node, so you are required to pay a small fee before you are able to post messages or send PMs. You can still use all of the read-only features without paying.
Your account contains 21.63 units of evil. To atone, you must pay a total of 0.00001293 bitcoins (0.01293 mBTC; 1293 satoshi). Pay to the address 39eQQk6vNhQq8G3e2hxNnxBABXdfXHDum9. Once you have paid the full amount, wait a few seconds and then reload this page. If the fee is so small that your wallet is unable to send it, you can send any larger amount, though you will not be refunded the difference.

Alternatively, the people listed here can whitelist you for free. Paying the fee is probably easier/quicker, though.

People commonly say, "I haven't posted anything before, so why on Earth am I banned?" You are not banned. Your IP address was previously used for evil, so everyone who uses that IP address has to pay this registration fee.*

So I don't know what to do, maybe you can help me find a solution.
But even if I have me there it seems like I won't be as active as here because the work schedule is very busy and I'm a little overwhelmed to manage the time.

[JoyMarsha]

However, determining the right time is not easy, because the right thing is to sell at the ATH, but we know where the ATH point will occur.

A better approach to sell ones holdings should be at the time when Bitcoin forms a new ATH because at that point most people who have invested in Bitcoin would make profits from that investment.

Sometimes it's way better to follow another approach by selling your Bitcoin holdings at 10% profit as that's enough profit for some people.

I personally follow the 2nd approach as with that approach I can sell for profit and when market dumps again I can accumulate more Bitcoin.

The two best approaches you mentioned should be put into consideration by next year I think not this year. By next year, bitcoin should get to its ATH, and probably many people will be selling their bitcoin at a high price. And some will sell at 10-20% profits you mentioned.

For me, I am selling my bitcoin at a price within $100k-$150k

[dekafee79]

However, determining the right time is not easy, because the right thing is to sell at the ATH, but we know where the ATH point will occur.

A better approach to sell ones holdings should be at the time when Bitcoin forms a new ATH because at that point most people who have invested in Bitcoin would make profits from that investment.

Sometimes it's way better to follow another approach by selling your Bitcoin holdings at 10% profit as that's enough profit for some people.

I personally follow the 2nd approach as with that approach I can sell for profit and when market dumps again I can accumulate more Bitcoin.

The two best approaches you mentioned should be put into consideration by next year I think not this year. By next year, bitcoin should get to its ATH, and probably many people will be selling their bitcoin at a high price. And some will sell at 10-20% profits you mentioned.

For me, I am selling my bitcoin at a price within $100k-$150k

A fairly reasonable target if you aim to sell Bitcoin next year at $100K, but if you target $150K, it seems too difficult.  This is just my opinion, because everyone may be different in their predictions.  If you want to start trading, you can do it when the market is bullish, because we can easily get a 10% profit as long as we choose the right coins.

[bayu7adi]

The two best approaches you mentioned should be put into consideration by next year I think not this year. By next year, bitcoin should get to its ATH, and probably many people will be selling their bitcoin at a high price. And some will sell at 10-20% profits you mentioned.

For me, I am selling my bitcoin at a price within $100k-$150k

Yes, if this year doesn't show special price movements compared to Bitcoin, then the only thing we can wait for is next year... I can't confirm that until Q2 2025, because before Q2 2025 comes, the high price will be above $100. k should have happened by calculating the data from the previous halving... one of the things that seems to have changed the halving pattern this time is the existence of an ETF that arrived several months before the halving occurred.. in my opinion that has messed up the current price pattern a bit.

[laijsica]

However, determining the right time is not easy, because the right thing is to sell at the ATH, but we know where the ATH point will occur.

A better approach to sell ones holdings should be at the time when Bitcoin forms a new ATH because at that point most people who have invested in Bitcoin would make profits from that investment.

Sometimes it's way better to follow another approach by selling your Bitcoin holdings at 10% profit as that's enough profit for some people.

I personally follow the 2nd approach as with that approach I can sell for profit and when market dumps again I can accumulate more Bitcoin.

You are right Selling decision can be good when Bitcoin hits new ATH. Normally withdrawing your long held bitcoins may not be a good decision because if its price continues to rise you may not get the opportunity to buy at the dips that you previously bought in. In that case holding may be the best decision compared to selling at the time of ATH. You may even get multiple profits in future.

[$crypto$]

However, determining the right time is not easy, because the right thing is to sell at the ATH, but we know where the ATH point will occur.

A better approach to sell ones holdings should be at the time when Bitcoin forms a new ATH because at that point most people who have invested in Bitcoin would make profits from that investment.

Sometimes it's way better to follow another approach by selling your Bitcoin holdings at 10% profit as that's enough profit for some people.

I personally follow the 2nd approach as with that approach I can sell for profit and when market dumps again I can accumulate more Bitcoin.

You are right Selling decision can be good when Bitcoin hits new ATH. Normally withdrawing your long held bitcoins may not be a good decision because if its price continues to rise you may not get the opportunity to buy at the dips that you previously bought in. In that case holding may be the best decision compared to selling at the time of ATH. You may even get multiple profits in future.

This can be done, at least with that profit we can enjoy it and we can hold the rest until the price of bitcoin soars again and forms a new ATH.

However, not everyone can do that, because some people will also return their capital. I mean by the profit they get on selling they will buy assets in altcoins or they invest in other forms in real life. So this will come back to each person.

[Roseline492]

As a Bitcoin holder, once you have profited in your Bitcoin investment, the moment you see your portfolio in a profits in good amounts, try and sell some amount and leave the rest perhaps the price will go up later and if the dump continues, you can sell the rest and buy back again later when it hit new lows again.

Is a good strategy for those who doesn't want to miss out opportunitties, however this method has been very helpful for most holders because with the strategy it will be very difficult for someone to lose on the market because before the price will drop to a certain level they had already sold some part of there investment while they wait to see how the price movement Will be, though for me I'm still holding.

However I could remember most investors who sold a large quantity of there Bitcoin investment when the price created the new ATH they sold and made a lot of money and also leaving some part of the investment so that if the Bitcoin price continues to rise they will still not lose out, and now considering how low the price is they are very happy with there decision because after making the huge profit they still stand a chance to even buy more higher amount now because of the price.

[Fivestar4everMVP]

However, determining the right time is not easy, because the right thing is to sell at the ATH, but we know where the ATH point will occur.

A better approach to sell ones holdings should be at the time when Bitcoin forms a new ATH because at that point most people who have invested in Bitcoin would make profits from that investment.

Sometimes it's way better to follow another approach by selling your Bitcoin holdings at 10% profit as that's enough profit for some people.

I personally follow the 2nd approach as with that approach I can sell for profit and when market dumps again I can accumulate more Bitcoin.

You are right Selling decision can be good when Bitcoin hits new ATH. Normally withdrawing your long held bitcoins may not be a good decision because if its price continues to rise you may not get the opportunity to buy at the dips that you previously bought in. In that case holding may be the best decision compared to selling at the time of ATH. You may even get multiple profits in future.

Sorry but I have to disagree with you, not for anything but the fact that history has proven that even after a very long ride up, the price of bitcoins always end up finding it's way back down, it may not come back down to the point where it started to rise, but the emphasis is that, it's will always come back down, it can't go up forever..
So, a good investor learns how to sell at the top, then wait patiently for the rally to end, he or she can then buy back the same amount of bitcoin he or she previously had, then use the profit left to either invest in other assets, or withdraw it and use the money to solve some of his or her real life problems.

[snowpega]

...
So I don't know what to do, maybe you can help me find a solution.
But even if I have me there it seems like I won't be as active as here because the work schedule is very busy and I'm a little overwhelmed to manage the time.

Sure dear, I really would help you if I find any solution of it but for now I personally myself never faced this problem so for now my apology and hope you can understand it.  But yes, dear, I have seen some user-facing this kind of problem... as one case, I do remember I suggested one of my cousins to create an account on BTT she had no idea about this platform before and had not even used it before or opened it. But when she started to create it she also faced the same issue as yours. At the current time, she has no idea about this platform that much.

Then this thing really put me in thinking about what can the real issue as she has never used or opened the website. Maybe the BTT proxy detection system had detected my account on her internet as I was online there at that time but the thing is that I did not register my account on her internet connection and we also live in different cities as well.  Now I don't know how BTT detection system works.

Lastly, dear, I don't know how busy you are currently and what is your living style so you may have a better idea of how you can manage your time for yourself. If you feel that you are doing it well here then Best of luck you with this platform where you are already at a reputable position.