Why Not Just Buy BTC?

[SOKO-DEKE]

I've seen over one dozen websites believing that BTC will skyrocket in the upcoming years.

Yes, this is what a lot of people are expecting to happen next year as a result of the halving events that have been happening every four years. So, based on Bitcoin's history to far, a bull run is currently anticipated following the halves phase.

The platform I use is Coinbase.

Coinbase is a good exchange to buy bitcoins, but you should never leave your Bitcoin there once you've done so. Instead, move them to a personal wallet to ensure that they are properly secured.Just be aware that if you leave your coins in a centralized exchange's care, you are not the only one in charge of It,so If you want to be in complete control of your money, you should use a decentralized exchange.

I'm thinking of just buying BTC-USD and just leaving it be.
Any thoughts on this strategy?

The best way to make a profit from a Bitcoin investment is to purchase it while the price is still low and sell when the high.so if I may add, this is also the right time to buy in aim of good profit target. However, since no one can accurately predict what will happen to the price of Bitcoin in the few months before halving, I may say the best strategy to use is dollar cost average (DCA), which refers to a gradual process of accumulation.

[macson]

I've seen over one dozen websites believing that BTC will skyrocket in the upcoming years.
The platform I use is Coinbase.
I'm thinking of just buying BTC-USD and just leaving it be.
Any thoughts on this strategy?

the strategy that you are using is a long-term investment, have you set at what price you will immediately sell the bitcoin that you hold, this is very important so that you really make a profit ^{(not just buy, then leave it in your wallet in a long time)}

but if you plan to become a long-term trader, you must also determine at what price you will stop-loss and at what price you will take-profit.  find a strategy that makes you comfortable, and don't be easily motivated by other traders even though the strategy doesn't match your habits.

[GreatArkansas]

(....)
I'm thinking of just buying BTC-USD and just leaving it be.
Any thoughts on this strategy?

This is 100% effective. Because for me, the only reason why there are a lot of people who are a fan of altcoins are because of the ROI, they tend to see some altcoins that are just making huge gains in just a day, like x2 or more than in just a short period of time while on Bitcoin, you will not see that anymore.
But on the side of that, there's a big risk involved when you are into altcoins compared on the Bitcoin.

[barisbilgili]

(....)
I'm thinking of just buying BTC-USD and just leaving it be.
Any thoughts on this strategy?

This is 100% effective. Because for me, the only reason why there are a lot of people who are a fan of altcoins are because of the ROI, they tend to see some altcoins that are just making huge gains in just a day, like x2 or more than in just a short period of time while on Bitcoin, you will not see that anymore.
But on the side of that, there's a big risk involved when you are into altcoins compared on the Bitcoin.

The big risk is proportional to the possible profit you will get, if you choose Bitcoin it is indeed quite promising in the future but with small capital we will not be able to get big profits.
If you have enough capital, then buying Bitcoin is great but if you don't have a lot of capital, I think taking big risks on altcoins is not a bad choice.

[Inwestour]

I've seen over one dozen websites believing that BTC will skyrocket in the upcoming years.
The platform I use is Coinbase.
I'm thinking of just buying BTC-USD and just leaving it be.
Any thoughts on this strategy?

Buying bitcoin is a great idea. You don't have to worry about looking for some "promising" altcoins that may not bring anything in the end, you just buy bitcoin and wait for the bull market. I don't know about the whole market, but I'm confident in bitcoin, it will be a reliable investment that will bring profit. Now bitcoin looks good, but pay attention that it has been growing since the beginning of the year, take this into account, after such growth a correction may follow, remember this and do not deviate from your original strategy.

Just think about storing your bitcoin not on an exchange, take care of safe storage from the very beginning, study hardware wallets. Everything ingenious is simple.

[Taskford]

I've seen over one dozen websites believing that BTC will skyrocket in the upcoming years.
The platform I use is Coinbase.
I'm thinking of just buying BTC-USD and just leaving it be.
Any thoughts on this strategy?

Buying bitcoin is a great idea. You don't have to worry about looking for some "promising" altcoins that may not bring anything in the end, you just buy bitcoin and wait for the bull market. I don't know about the whole market, but I'm confident in bitcoin, it will be a reliable investment that will bring profit. Now bitcoin looks good, but pay attention that it has been growing since the beginning of the year, take this into account, after such growth a correction may follow, remember this and do not deviate from your original strategy.

But the problem with that is you are limiting yourself for the opportunities available in the market. But if you can't afford to have this because you can't trust the altcoins in the market then this is fine being bitcoin maximalist can save you up from many stress that can bring up by some altcoins.
Bitcoin still has a big potential but you need to wait for maybe more longer times before you can see a great changes unto your holdings because bitcoin is meant to be a long term investment if you want to see some great results.

[Inwestour]

But the problem with that is you are limiting yourself for the opportunities available in the market. But if you can't afford to have this because you can't trust the altcoins in the market then this is fine being bitcoin maximalist can save you up from many stress that can bring up by some altcoins.
Bitcoin still has a big potential but you need to wait for maybe more longer times before you can see a great changes unto your holdings because bitcoin is meant to be a long term investment if you want to see some great results.

Not only are these possible prospects, altcoins also hold the potential danger, that instead of making money you will be worried about how the price of the altcoin continues to fall while bitcoin continues to rise. I don’t know if this seems promising to some, or maybe there are those who think that big risks will give the opportunity for bigger profits, but I don’t think so. Bitcoin is doing well, that's enough for me, I don't want to worry about altcoins.

[Dunamisx]

I've seen over one dozen websites believing that BTC will skyrocket in the upcoming years.
The platform I use is Coinbase.
I'm thinking of just buying BTC-USD and just leaving it be.
Any thoughts on this strategy?

If you have the opportunity, buy bitcoin and don't hesitate to hodl because we are still in the bear market period for now which seems more better opportunity to get started, bitcoin is the best you could decided to invest with in cryptocurrency that won't give you any fear of missing out over time, but before you take any necessary steps or decision, you have to understand how it works with the digital currency first.

[YOSHIE]

Any thoughts on this strategy?

We have different understandings and ways of trading or investing for Bitcoin, indeed from year to year Bitcoin is a type of crypto that is being chased by many groups, investors, entrepreneurs and to lower level positions. the goal is the same, the pinnacle of success.

However, what you are doing and want to do now, that is the best step for you in the future in terms of trading and investment, we often hear the saying "little by little - over time it becomes a hill" instilled by most people Chinese.

Of course the strategy you are implementing is a kindness for you in buying Bitcoin, we know that being involved in the crypto world is risky, of course the knowledge you have is the best for you, don't force something you don't know, do something based on the knowledge you have, especially in the field of crypto trading.

[imamusma]

The big risk is proportional to the possible profit you will get, if you choose Bitcoin it is indeed quite promising in the future but with small capital we will not be able to get big profits.

The price of a bitcoin can be up to 3x its past ATH in the future, and anyone who invests any amount of bitcoins will get the same multiplier. The profit distribution depends on how much they invest, and each of them will get it. The formula is the same, but the amount of profit varies because it depends on the initial investment budget and when they made their entry.

So far only early investors have actually made big returns, while others may never be the same. But what needs to be stressed is, bitcoin is not going to make them rich overnight, this investment is not a form of gambling.

[KingsDen]

I've seen over one dozen websites believing that BTC will skyrocket in the upcoming years.
The platform I use is Coinbase.
I'm thinking of just buying BTC-USD and just leaving it be.
Any thoughts on this strategy?

If you have the opportunity, buy bitcoin and don't hesitate to hodl because we are still in the bear market period for now which seems more better opportunity to get started, bitcoin is the best you could decided to invest with in cryptocurrency that won't give you any fear of missing out over time, but before you take any necessary steps or decision, you have to understand how it works with the digital currency first.

Since I became involved in the cryptocurrency industry, I can say that this is the widest window of buying I have witnessed.  This window has been open since 2021 and it is still open.
30k is still a good price to buy having in mind the bitcoin ATH @69k.
What I do not actually understand is your buying strategy, but I will advice you go with DCA method incase the market will see 20k region again before bull run.

[Kelvinid]

I've seen over one dozen websites believing that BTC will skyrocket in the upcoming years.
The platform I use is Coinbase.
I'm thinking of just buying BTC-USD and just leaving it be.
Any thoughts on this strategy?

Perhaps, you are right. If you are here just to hold long-term, choosing Bitcoin is really the best option to take. But if you are here for trading, it was preferred to use altcoins than Bitcoin because of the behavior of these coins. But have to remind you not to use the exchange (Coinbase) as your storage wallet. You can use this platform of course but must have to transfer your Bitcoin to your controlled wallet especially if you are aiming of holding them for many years.

[LogitechMouse]

~
Any thoughts on this strategy?

Many investors especially the newbie ones, or the ones who don't want to stress themselves that much when it comes to investing are the ones who are doing this.

Buy and hold. Simple strategy. A long term strategy, and it requires lots of patience in order for the investor to get it's profits. I don't see any problem that you are using Coinbase, but if you will just let your Bitcoin stay there for a long time, that's the problem. You might bought Bitcoin in Coinbase, but you don't have the full control over it because you bought it on a Centralized Exchange.

As for your strategy, it has been proven that the strategy that you shared is working. The problem is it requires lots of time, and patience in order for that to be a successful one. Most of the investors unfortunately don't have the patience to hold Bitcoin for a long time.

[awik p]

I've seen over one dozen websites believing that BTC will skyrocket in the upcoming years.
The platform I use is Coinbase.
I'm thinking of just buying BTC-USD and just leaving it be.
Any thoughts on this strategy?

Perhaps, you are right. If you are here just to hold long-term, choosing Bitcoin is really the best option to take. But if you are here for trading, it was preferred to use altcoins than Bitcoin because of the behavior of these coins. But have to remind you not to use the exchange (Coinbase) as your storage wallet. You can use this platform of course but must have to transfer your Bitcoin to your controlled wallet especially if you are aiming of holding them for many years.

many people have idle money and end up saving it in bitcoin, until it is left for years, it has benefits later we will feel the impact, because many believe that bitcoin is the future, so keeping it in the long term is the right choice, even though there are fluctuations which is high, as the adoption gets bigger then it will also fly again later. but if we keep it in our personal wallet, try to keep the key well, and if you want it for the long term, don't forget to tell our close relatives to know the key too, because no one knows how old he will live

[omgitsmehehe]

If you have the opportunity, buy bitcoin and don't hesitate to hodl because we are still in the bear market period for now which seems more better opportunity to get started, bitcoin is the best you could decided to invest with in cryptocurrency that won't give you any fear of missing out over time, but before you take any necessary steps or decision, you have to understand how it works with the digital currency first.

I never compromise increasing my capacity to accumulate more bitcoin to the utmost extent possible. I've gained an abundance from the project and I'm not going back. I don't follow market trends; rather, price movements do the analysis for me. Buy and hold bitcoin throughout the bear season and patiently wait for the bull to arrive, at which point you will have triggered the sell option, resulting in significant profits. When it comes to cryptocurrency, Bitcoin is ranked #1; it is the most promising initiative in the industry, with a large number of investors willing to participate and make both losses and gains.

[Flexystar]

I've seen over one dozen websites believing that BTC will skyrocket in the upcoming years.
The platform I use is Coinbase.
I'm thinking of just buying BTC-USD and just leaving it be.
Any thoughts on this strategy?

It is dream of true Bitcoiner who wants to just hold their bitcoin see them grow eventually into thousands to millions of USD depending on how much they holding.

Well it is a great start if you are already having those thoughts. Coinbase is favourite for many people but it’s not the safe place to keep your bitcoin mate. If you are truly going to be holder then just buy hardware wallet which is not waste of money in the long run.

It’s an added bonus when it comes to security of your funds. You can always keep putting bitcoins on it as and when a purchase is made. Start doing DCA investment this way you don’t burden yourself investing all at once. Good luck mate.

[2girls]

I've seen over one dozen websites believing that BTC will skyrocket in the upcoming years.
The platform I use is Coinbase.
I'm thinking of just buying BTC-USD and just leaving it be.
Any thoughts on this strategy?

We all believe about Bitcoin is that the price of Bitcoin can be very high in the coming years. There is no doubt that Bitcoin is the crypto currency with the most potential among all crypto currencies. Crypto currency markets are very risky markets but Bitcoin is the single crypto currency that can be trusted the most. That is why most people prefer to invest in Bitcoin. Your strategy is best if you can buy and hold Bitcoin it can give you a good profit in future. If you had made the investment a few months ago, then the price of Bitcoin was even lower, but still investment in Bitcoin is a great opportunity. Try to buy some Bitcoin now and buy more if the price of Bitcoin goes down.

[Dunamisx]

If you have the opportunity, buy bitcoin and don't hesitate to hodl because we are still in the bear market period for now which seems more better opportunity to get started, bitcoin is the best you could decided to invest with in cryptocurrency that won't give you any fear of missing out over time, but before you take any necessary steps or decision, you have to understand how it works with the digital currency first.

I never compromise increasing my capacity to accumulate more bitcoin to the utmost extent possible. I've gained an abundance from the project and I'm not going back. I don't follow market trends; rather, price movements do the analysis for me. Buy and hold bitcoin throughout the bear season and patiently wait for the bull to arrive, at which point you will have triggered the sell option, resulting in significant profits. When it comes to cryptocurrency, Bitcoin is ranked #1; it is the most promising initiative in the industry, with a large number of investors willing to participate and make both losses and gains.

Definitely you will have every opportunity to maximixation of your investment potentials for possible profitability if you can maintain your investment to hodl, for sure there might be times of having loss encounter but they don't last especially when the results you have were attributed to your own personal errors, which will still present one with diverse opportunities for recovery if one is really good at trading bitcoin, this kind of experience is what others cannot get rid of with other cryptocurrencies if invested.

[Woodie]

I've seen over one dozen websites believing that BTC will skyrocket in the upcoming years.

It's not really about the number of websites selling this message!
It's the mathematics behind this that will make the skyrocketing possible! Think about it, we have limited number of coins going against  8 billion people around the world and from this population less than 5% are invested or know of them...now imagine how this will be like after 5 to 10 years from now..You know what ,let's just buy and see btc work it's magic

The platform I use is Coinbase.

With SEC now having an interest in cryptocurrencies like never before,  I hope your coins are safe with coinbase...
Or maybe this is the platform you use for buying of your coins  

I'm thinking of just buying BTC-USD and just leaving it be.
Any thoughts on this strategy?

From how you buying your btc...are you actually buying it as in Trading it on the chart such that you can be liquidated should price go against you ?! If this is the strategy,  I don't like it!!!

[bitgolden]

Buying bitcoin is a great idea. You don't have to worry about looking for some "promising" altcoins that may not bring anything in the end, you just buy bitcoin and wait for the bull market. I don't know about the whole market, but I'm confident in bitcoin, it will be a reliable investment that will bring profit. Now bitcoin looks good, but pay attention that it has been growing since the beginning of the year, take this into account, after such growth a correction may follow, remember this and do not deviate from your original strategy.

But the problem with that is you are limiting yourself for the opportunities available in the market. But if you can't afford to have this because you can't trust the altcoins in the market then this is fine being bitcoin maximalist can save you up from many stress that can bring up by some altcoins.
Bitcoin still has a big potential but you need to wait for maybe more longer times before you can see a great changes unto your holdings because bitcoin is meant to be a long term investment if you want to see some great results.

Being a bitcoin maximalist is such an easy thing to do. You literally do nothing, you buy bitcoin when you have the money for it, and you do absolutely nothing else at all. I love that about it and I can't wait to keep using it for as long as possible. I know that it is not going to be an easy task but as long as it stays like that we should be feeling alright about it.

People will end up being a bit sad to see how simple it was to get rich and they missed their chances in the future, but I personally believe that I will be glad to follow this pat. I love it and I will continue to love it and I do not have anything remotely close to anything this simple to be rich in the future, this is by far the simplest one for sure.