One good thing about Bitcoin is that even it falls, it will still test that point you bought it. Though, it take time atimes. Buying it now is not bad to me. I am not scared of the price at all. To me, Bitcoin is a worthy asset.
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Forces of demand and supply controls the market. The higher the demand, the higher the price; the lower the demand, the lower the price. All these happen through us (you, me, institutions, banks etc.). Government factor is also part of it. News, sanctions etc affects the market.
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The rise of Bitcoin was really a big surprise because many never saw it coming. I went to see a friend on Wednesday and he told that the only regret he has is never to buy Bitcoin last because he was having thousands of dollars. I told him, the bull run also overwhelmed me. Our conclusion was buy crypto whenever you have the money, do not wait for the right time, now is always the right time.
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HODL is good but you should know when to sell. I have sold most of my token because i believed that they have been over bought. What i am waiting now is for a dip or bear market so that i can replace most of my assets. Though, i still have some assets that my target is next year.
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Early to bed, early to rise. Better make hay while the sun shines. This is the right time to invest/buy Bitcoin. Do not wait for the bear market it might not come. Bitcoin is getting better by the day.
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I wish, i can quit something that are eating my money and invest it in Cryptocurrency. Though, i have some investment here but increasing it daily, weekly or monthly will really be great. I am really happy for you. Congrats bro!
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The main feature of blockchain technology (Bitcoin/cryptocurrency) is decentralization. I do not think China will be able to control it, if America and some European countries could not do it till now. Blockchain technology (Satoshi N.) came to give humanity freedom from centralized financial system and high cost on financial transactions coupled with scalability, immutability, security etc. Blockchain technology is the real deal.
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Blockchain technology has improved me in several ways; financially, mental, educational and risk wise. I do take risk before but blockchain technology (cryptocurrency) has increased my risk taking and on some investment fundamentals. Money wise, cryptocurrency has been my major source of income for the past 4 years. I am happy that I joined this moving train
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What you said is right. One will only understand the power of private key, password and passphrase when you forget it. I lost some of my assets when I lost my phone though i was new to cryptocurrency then. I didn't back up must of them then because I thought that the phone will always be there.
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The ball is in your court. You can sell now and wait for the bear market. But, if it bear market did not come, do not blame me. Bitcoin is a good asset moreover you bought yours at a good price. Selling half is not also a bad idea.
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