The only thing that you need to do with Bitcoin is selling on the right moment and yeah it can takes a long time.
NO only that selling at peak and buying at dip is good way to earn from your bitcoin rather than waiting years and selling all you have at peak.
I always try to buy at the bottom and sell at the top. But 90% of the time I get the timing very wrong.
not easy to just look at it as a reference for your trading because bitcoin is still under manipulation by a few large players of course you will experience a great loss if you panic and immediately sell your bitcoin when prices began to fall so i think you must follow what is trend on the market.
In a few years, when small fish like us have more bitcoins, the big whales will not have enough to manipulate the price.
In a few years, institutional investors will be in the bitcoin, the market capitalization will be too big to manipulate.
If the bitcoin block size is kept at 1MB next year, there will be no institutional investors as the transfer is too slow.
