Quote from: tjtonmoy on Today at 04:32:52 PM

Quote from: Ketesnuko on September 02, 2023, 11:18:25 AM

Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day?

First, make sure you can double your first investment. Once you achieve that, then focus on doubling the profit you got from the previous investment with the actual amount too. I don't wanna guess the amount that you put into investment but in order to explain let me pick a number.

How can this one make 1 satoshi to be 1 cent? Doubling profit is easier said than done. If you aim to double your profit then you have to trade. Trading will make you go out of your comfort by just holding Bitcoin since you have to buy and sell Bitcoin and has risk especially when the one doing it has less experience.

Quote

Let's say you put $50 into your first investment. Try to make that $50 into $100. Work till you make that happen. Then with the $100 make a target to turn that into $200. This way, even if your investment is a low amount, you can work your way through this and turn that small amount into a huge profit. As the market will turn bullish again, this could be a great opportunity to do it. Set a target and never get affected by your emotions. Such as fear or greed. Set a target in order to double your investment and then sell or HODL till it is reached.

So it is obvious that the person needs to engage in trading. Why not tell it directly and say to take advantage of the volatility of the market and buy and sell to increase his holdings?