What got you interested in Bitcoin

[SamReomo]

The market has improved again and we see that the price of bitcoin has reached $62K, the price of altcoins is also increasing. If you still have funds, it's best to immediately buy coins that we think have the potential to rise during the bullish season.

Yes, the market is in improved state right now and one can make some good profits by investing in valuable coins. I've already accumulated some good coins when the market was down and surely hold those coins for sometime to get good profits.

[dekafee79]

The market has improved again and we see that the price of bitcoin has reached $62K, the price of altcoins is also increasing. If you still have funds, it's best to immediately buy coins that we think have the potential to rise during the bullish season.

Yes, the market is in improved state right now and one can make some good profits by investing in valuable coins. I've already accumulated some good coins when the market was down and surely hold those coins for sometime to get good profits.

If you have collected potential coins, hold them until the bullish season. Because we will get big profits during the bullish season if we patiently hold on to our potential coins. Because the crypto market has improved as we can see, the market is green again. I saw that in my wallet my assets had also increased again. Let's hope the price of bitcoin returns to $70K this month.

[SamReomo]

If you have collected potential coins, hold them until the bullish season.

Yes, I'll most probably hold my coins until I get some good profits. I'm planning to sell my holding for 50% to 100% profit as that's more than enough for me. However, I'm surely going to hold some of my coins for longer period to gain more profit.

[laijsica]

If you have collected potential coins, hold them until the bullish season.

Yes, I'll most probably hold my coins until I get some good profits. I'm planning to sell my holding for 50% to 100% profit as that's more than enough for me. However, I'm surely going to hold some of my coins for longer period to gain more profit.

I continue to deposit every month which periodically shows holdings while at the same time my portfolio looks decent. I will rotate my holdings in a cycle of 4-10 years. Hope it can give me multiple profit which is sure future for my children.

I have another cash float with which I invest short term and I profit from the crypto market. Although it is very insignificant.

[SamReomo]

I will rotate my holdings in a cycle of 4-10 years. Hope it can give me multiple profit which is sure future for my children.

If you have invested in good coins then surely you can expect good returns in 4-10 years but remember if you're planning to hold for 4-10 years then go with a personal cold wallet instead of the custodial wallets of the exchanges.

[Gposas]

Such a nice question. Taking myself as an instance, I term to investing more on altcoins than Bitcoin, why?
This is because looking at the price of 1 BTC, it's as much as what can give you the momentum to stand as a big investor on altcoins like memecoins. Price is one of the major factor why people like me may find it hard investing on Bitcoin.
Though for a long term, those whose investment are on Bitcoin are likely to see x3 or x2 profits. I believe it so also implies to altcoins. Because an increase in the price of BTC is a corresponding increase in the price of all other altcoins.

[doc]

Such a nice question. Taking myself as an instance, I term to investing more on altcoins than Bitcoin, why?
This is because looking at the price of 1 BTC, it's as much as what can give you the momentum to stand as a big investor on altcoins like memecoins. Price is one of the major factor why people like me may find it hard investing on Bitcoin.
Though for a long term, those whose investment are on Bitcoin are likely to see x3 or x2 profits. I believe it so also implies to altcoins. Because an increase in the price of BTC is a corresponding increase in the price of all other altcoins.

If you prefer to invest in altcoins rather than Bitcoin, it is your choice based on many considerations. Because I invest more in bitcoin than altcoins, because I feel safer investing in bitcoin for the long term. I invest in altcoins for the short and medium term. Actually we can buy both to diversify.

[Jamal Aezaz]

Yes, the market is in improved state right now and one can make some good profits by investing in valuable coins. I've already accumulated some good coins when the market was down and surely hold those coins for sometime to get good profits.

Yes the market is in an improved state and there is still an opportunity to make investment but people often make mistakes that they invest when the market starts to grow and remain silent when there happens a deep dump because fear in their heart cannot be eliminated forever.

As you have made some investment during the time when every coin was down so the probability is that you will already be in profit now but you should not sell your coins because the selling of coins will give you increased worth when the price increases more in the year of 2025. If new coins are present in your accumulation then you should take profit as soon as possible but with old coins there is no issue to hold longer.

[Gurujebs]

If you have invested in good coins then surely you can expect good returns in 4-10 years but remember if you're planning to hold for 4-10 years then go with a personal cold wallet instead of the custodial wallets of the exchanges.

This used to be my concept of investment with crypto but the idea has now change because many of them once they had that initial run and tick the all time high, it takes the grace of God and huge inflow of investors before they recovered again, if you check many coins that were so over hype without anything to show are now flat in the chart without volume, now imagine if you are holding those coins.

If I hold any altcoin and I see that I made enough profits already. I will exit such coin and used the same concept over an over again on other good coins but I will make sure that my investment is well protected in the first place while investing back the profits.

[PX-Z]

If you have invested in good coins then surely you can expect good returns in 4-10 years but remember if you're planning to hold for 4-10 years then go with a personal cold wallet instead of the custodial wallets of the exchanges.

If someone's current financial status is good and no need to worry for the investment getting moved, like for emergencies and etc. then that's a good move, it just need patience. Because 10 years is too long for me, at least 5 years is enough and think if the investment profits enough, make another venture, or continue to invest.

[SamReomo]

If I hold any altcoin and I see that I made enough profits already. I will exit such coin and used the same concept over an over again on other good coins

That's a good approach and I do follow that approach as well. I sometimes take profit of 10%, 50% and sometimes 100% with some coins while with the coins that I find quite impressive, I hold those for more profits. So far, I've never faced any significant losses with my coin choices and I hope in future, I may also be safe from the coins that lose value and volume overtime.

If someone's current financial status is good and no need to worry for the investment getting moved, like for emergencies and etc.

Yes, I agree, it depends on someone's financial condition and if its good then one can hold his/her bought coins for long term without any issues but if someone's financial condition isn't good then that person won't be able to hold his/her investment for long term.

[KingsDen]

From majority of the Bitcoiners, what actually attracted them to bitcoin is the ability of bitcoin to increase in price over the years. This is the major driver of Bitcoin success. If Bitcoin was to be a stable coin, not much people will embrace it. It is after the volatility of Bitcoin attracted many people, that some people especially the developers understood other important use case of Bitcoin. It is when privacy oriented people began to seek for ways to use Bitcoin in a private way. This is when the idea of decentralization in finance began to become dominant and important to humanity.
Just as we speak now, bitcoin is not all about the price. If it will have to be about the price only the early adopters benefited enormously. Right now bitcoin is a revolution, it is an usher to the new way of financial transaction and payment. Bitcoin is a skill to be learnt, bitcoin and blockchain is a career to be followed. Bitcoin is a different thing to different to different people.

[LogitechMouse]

Re: What got you interested in Bitcoin

1. The ability to make profit in a short amount of time - way shorter than that of the traditional markets are.
2. The technology behind it is just one of a kind.
3. The number of opportunities that it gave not only for me, but for others as well.

There are many reasons why people are getting interested into Bitcoin. The ability to earn through its volatility is the main reason (since many are investors), and at the end of the day, Bitcoin is just different.

[bitterguy28]

the main reason is the safety mate , there are no other coins that is safer than bitcoin unless you are in day trading .

asking me if all emmbers here has bitcoin ? maybe not all but majority of them has.

What do you mean by safe?
Whether in terms of price or something else.
If most of the members on this forum already have Bitcoin, can we become a community that falls into the category of holding Bitcoin until one day our Bitcoin address is marked by traders like what happened to the German government's Bitcoin address?

Safer meaning at least bitcoin is the strongest coin and the most trusted , no matter about that markings of our addresses , what do really matter here is that bitcoin is not like shitcoins or other coin there that has always chance to become scam even those who have been running for how many years now .
and about that what happened to german government? if we are not using the wallet address as constant for trading(instead to just keep holding) then for me this is a safer way?

[silkytakyaan86]

According to me, most people will have Bitcoin, even if it is in Centos but it is a little. Bitcoin is a well-known currency in the world of crypto. More than half the people play on it.