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+--- Thread: Are you ready to wait 10 years to get huge profits from Bitcoin? (/showthread.php?tid=614)
Are you ready to wait 10 years to get huge profits from Bitcoin? - deucher - 12-29-2023
In general, all my investments are designed for many years, but most of these investments are not in cryptocurrency, but in stocks and bonds, I have more confidence in them than in Bitcoin, so I would not wait as long as 10 years for Bitcoin to grow, because in recent years I have noticed that it is not stable and therefore I do not know what to expect after so much time. I use cryptocurrencies more as a speculative method of short-term earnings.
RE: Are you ready to wait 10 years to get huge profits from Bitcoin? - Debashis - 01-21-2024
Yes, it is possible for me to wait 10 years for potentially significant profits from Bitcoin. It'll surely give huge profits. Only problem at the moment is that it's quite expensive.
RE: Are you ready to wait 10 years to get huge profits from Bitcoin? - Heatman - 01-23-2024
Anyone who understands what and how cryptocurrency works knows well that it's never a short term project when it comes to investing in cryptocurrency of any kind especially Bitcoin. So, 10 years isn't even too long to wait to cash in profits from Bitcoin.
RE: Are you ready to wait 10 years to get huge profits from Bitcoin? - Shortie - 05-22-2024
I don't currently invest in cryptocurrency but I know of people that do and from what I understand, investing and waiting for profit is not something that can happen overnight, over a week, month or even a year, it could in some cases take years.
If you want to invest in cryptocurrency you need to be ready to be in it for the long haul to make a significant profit.
RE: Are you ready to wait 10 years to get huge profits from Bitcoin? - Heatman - 05-30-2024
(05-22-2024, 03:09 PM)Shortie Wrote: I don't currently invest in cryptocurrency but I know of people that do and from what I understand, investing and waiting for profit is not something that can happen overnight, over a week, month or even a year, it could in some cases take years.
If you want to invest in cryptocurrency you need to be ready to be in it for the long haul to make a significant profit.
Yeah, that's very correct. Going into cryptocurrency on a short term doesn't always go well unless you know how to trade it on Futures. It's the only way you can make profits from it every day if your trade analysis is spot on.
RE: Are you ready to wait 10 years to get huge profits from Bitcoin? - Henrywrites - 07-07-2024
(05-30-2024, 07:18 AM)Heatman Wrote:(05-22-2024, 03:09 PM)Shortie Wrote: I don't currently invest in cryptocurrency but I know of people that do and from what I understand, investing and waiting for profit is not something that can happen overnight, over a week, month or even a year, it could in some cases take years.
If you want to invest in cryptocurrency you need to be ready to be in it for the long haul to make a significant profit.
Yeah, that's very correct. Going into cryptocurrency on a short term doesn't always go well unless you know how to trade it on Futures. It's the only way you can make profits from it every day if your trade analysis is spot on.
I agree with you. Futures can be rewarding in the short-term but can be risky, especially when you enter a wrong trade. So, I am always careful.