Quote from: Fiatless on May 15, 2024, 04:02:07 AM

Quote from: B2Z on May 15, 2024, 03:01:52 AM

Definitely for Bitcoin newbies investing in Bitcoin at the right time can definitely change your fortune overnight.

Using the word overnight is not correct. Bitcoin is not an investment that will make you rich overnight. You were just lucky to invest when the price was down and the time you sold was when the price increased. It is better to have a long-term plan when buying Bitcoin since you cannot forecast accurately how the market will react at a given time. Newbies should do their research before investing and the DCA buying pattern is highly recommendable.

Everyone always have a story to tell about bitcoin and I hope they’re all true and not fiction. One way or the other people can still learn from it because theirs high tendency that that event could have happened or can likely happen if one follow that same pattern. Bitcoin is not an overnight investment and people often use the word overnight when describing it. It tells how the stress you’ve passed through can be easily collated to something that just happened overnight, that means it was worth the waiting. OP have done the best thing at the right time, whether his story was true or false, it is for him to deal with. But this is a very good strategy and anyone that employs that strategy would benefit greatly from their investment in bitcoin.