Ricardo11 (OP)
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There are many types of Bitcoin investors, some invest for long-term holdings, while others invest for short-term holdings. But one thing is true, those who invest in Bitcoin for short term are never able to achieve anything big. On the contrary, they face more losses.
every Bitcoin investment should be long-term. Because we have seen that even at the end of 2023 the price of bitcoin was 42k and as the year 2024 falls, the price of bitcoin has crossed 50k and currently the price of bitcoin is 52k. So now consider that those who invested in Bitcoin in 2023, when the price of Bitcoin was hovering between 26k and 27k, have already received double returns. So those who have been patiently holding Bitcoin since then have already reaped double the return on their investment.
Now another big opportunity is going to come in front of us. When the price of Bitcoin will increase much more than that. So I would say, those who haven't invested in Bitcoin yet, make a final decision to invest in Bitcoin for lone time Holding now and hold until the next ATH. You invest in Bitcoin and keep your Bitcoin holdings safe, because the next bull market is going to have the power to change your life. So just Hold bitcoin for long time.
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Frankolala
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February 20, 2024, 11:20:12 AM |
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Bitcoin was created as an alternative currency to fiat but due to the potential of bitcoin, the value of bitcoin increases with time line, and this has made people to use it more as an investment than using it for daily transactions.
Bitcoin investment is like a physical investment that needs time to grow before you can start reaping the profit, but is you just started a business and the business is in it's baby state, and you decide to start using the investment to take care of some bills, it means that the investment will crash.
This is the same with bitcoin, and this is why you must invest in a long term so that you can limit the risk and be sure of some profit in the long run. The investors that are in good profit are those that bottom during 2022 bottom line of 16k, and those that are hodling for up to two cycles now. However, it is not still late to benefit from bitcoin if you start now.
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btc78
Full Member
Offline
Activity: 2674
Merit: 218
⭕ BitList.co
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February 20, 2024, 11:43:54 AM |
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Some investors may need the profit right away. While bitcoin is a great source of profit, everyone should bear in mind that it might not be advisable to treat bitcoin as your main source of income. It is called an investment for a reason. You are meant to buy and let it grow.
Altcoins are typically more recommended for short-term tradings. You can easily get profit for a really short amount of time albeit quite riskier than bitcoin. Maybe some investors want the safety and security bitcoin has but they need the money right now. If you really want to do that, just make sure to invest some and leave it alone and you can continue your short-term trading activities.
Bitcoin is meant to increase more as time goes so it is essential that we keep holding.
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Yaunfitda
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February 20, 2024, 11:58:46 AM |
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There are many types of Bitcoin investors, some invest for long-term holdings, while others invest for short-term holdings. But one thing is true, those who invest in Bitcoin for short term are never able to achieve anything big. On the contrary, they face more losses.
every Bitcoin investment should be long-term. Because we have seen that even at the end of 2023 the price of bitcoin was 42k and as the year 2024 falls, the price of bitcoin has crossed 50k and currently the price of bitcoin is 52k. So now consider that those who invested in Bitcoin in 2023, when the price of Bitcoin was hovering between 26k and 27k, have already received double returns. So those who have been patiently holding Bitcoin since then have already reaped double the return on their investment.
Now another big opportunity is going to come in front of us. When the price of Bitcoin will increase much more than that. So I would say, those who haven't invested in Bitcoin yet, make a final decision to invest in Bitcoin for lone time Holding now and hold until the next ATH. You invest in Bitcoin and keep your Bitcoin holdings safe, because the next bull market is going to have the power to change your life. So just Hold bitcoin for long time.
To each his own, as much as we wanted to HODL for long term, but just imagine what kind of market will be for Bitcoin if everyone is just buying and there's no seller in the market? Right, and so this is why the market is very volatile, one of it's nature that most of us take advantage of it, some sellers and then others waiting to scope that BTC and fill their bags. For those who are holding it though, not the right time to sell, unless it's necessary (there is an emergency and you needed more money). But the best selling time is near the top of the bull run, you just have to time the market, or just sell in small portions, in my opinion. Anyhow, still plenty of time to accumulate sats before the halving in April.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Plaguedeath
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February 20, 2024, 12:28:43 PM |
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Now another big opportunity is going to come in front of us. When the price of Bitcoin will increase much more than that. So I would say, those who haven't invested in Bitcoin yet, make a final decision to invest in Bitcoin for lone time Holding now and hold until the next ATH. You invest in Bitcoin and keep your Bitcoin holdings safe, because the next bull market is going to have the power to change your life. So just Hold bitcoin for long time.
Are you a God who know everything in the future? how you can be completely sure if Bitcoin will make new ATH and change someone life? I hope people are not blindly trusting someone else predictions instead try to learn what's Bitcoin, why you want to buy Bitcoin and know the limit of risk of investing in Bitcoin. If not, they will use all of their savings, sell their property or assets, or taking out a loan in order to invest in Bitcoin because they believe Bitcoin will change their lives!
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Greazzy
Newbie
Offline
Activity: 8
Merit: 0
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February 20, 2024, 12:42:14 PM |
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This post should have been on Bear market not now on Bull market For short investor the best way for now its ALT SEASON Like if u remember on last bull run that Shiba gained 350.000% within 1 year see more for Alt SEASON https://www.blockchaincenter.net/en/altcoin-season-index/
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SamReomo
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February 20, 2024, 12:49:29 PM |
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Yes, if someone really wants to earn good returns from Bitcoin investment then that person has to hold his investment for at least 2 to 4 years in order to earn some good profits. For better profits I believe an investor needs to hold that investment for at least a decade.
It's expected that in future Bitcoin will gain value of at least $1M a coin and the ones who invested in Bitcoin during last bear market would reap so good profits by holding their investment for a decade. I would also suggest all the investors to hold your Bitcoin investment if you really want good returns from your investment.
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Jatiluhung
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February 20, 2024, 12:56:29 PM |
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I personally also only invest in bitcoin for the long term. Because we can't expect much in short-term bitcoin investments. Because bitcoin price movements tend to have the same cycle for every bitcoin halving. So it becomes more profitable if stored for the long term. In the short term, I think we can still hope for far more from altcoins even though they have the same big risks. But in the long term Bitcoin has proven that loyal holders always have a profit as long as they hold strong until the target price is reached.
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Z.H.I.E.N.D
Jr. Member
Offline
Activity: 51
Merit: 25
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February 20, 2024, 01:01:27 PM |
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Now another big opportunity is going to come in front of us. When the price of Bitcoin will increase much more than that. So I would say, those who haven't invested in Bitcoin yet, make a final decision to invest in Bitcoin for lone time Holding now and hold until the next ATH. You invest in Bitcoin and keep your Bitcoin holdings safe, because the next bull market is going to have the power to change your life. So just Hold bitcoin for long time.
Are you a God who know everything in the future? how you can be completely sure if Bitcoin will make new ATH and change someone life? I hope people are not blindly trusting someone else predictions instead try to learn what's Bitcoin, why you want to buy Bitcoin and know the limit of risk of investing in Bitcoin. If not, they will use all of their savings, sell their property or assets, or taking out a loan in order to invest in Bitcoin because they believe Bitcoin will change their lives! There is no need for a god to convince someone that BTC will reach its ATH again, @OP didn't say anything about the exact time frame, he just said that long-term BTC investors have more to gain than short-term investors. Remember that BTC has a limited supply, and with this, the level of scarcity will increase over time. That's what makes @OP believe that long-term investors benefit more than short-term investors. Z.H.I.E.N.D
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hatshepsut93
Legendary
Offline
Activity: 3038
Merit: 2161
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February 20, 2024, 01:02:18 PM |
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So I would say, those who haven't invested in Bitcoin yet, make a final decision to invest in Bitcoin for lone time Holding now and hold until the next ATH.
That's not really a long-term investment, that's only 1-2 years and long-term is like 5-10 years. Day trading is a very bad idea, and trying to predict weekly or monthly trends is not much better, but betting on the halvening cycles isn't bad even for beginners. Most important is not getting too greedy and actually sell during the bull run, and then not get too greedy in the bear market and buy before the price starts bouncing back.
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stomachgrowls
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February 20, 2024, 01:09:15 PM |
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Some investors may need the profit right away. While bitcoin is a great source of profit, everyone should bear in mind that it might not be advisable to treat bitcoin as your main source of income. It is called an investment for a reason. You are meant to buy and let it grow.
Altcoins are typically more recommended for short-term tradings. You can easily get profit for a really short amount of time albeit quite riskier than bitcoin. Maybe some investors want the safety and security bitcoin has but they need the money right now. If you really want to do that, just make sure to invest some and leave it alone and you can continue your short-term trading activities.
Bitcoin is meant to increase more as time goes so it is essential that we keep holding.
We do know that not all would really be having that holding kind of thinking or target and this is why they would really be that deciding that they will really be that to actively trading it out. Actually it would really be that just with your own choice since not all would really be having that kind of perceptions in their investment on which there are ones who are really that go for long term hold and there are ones who dont have the patience on long time holding and this is why they've decided to deal up with short term holds. Invest on Bitcoin but only on the money on which you can afford to lose. Dont make yourself invest with loan money or life savings so that whenever the price would really be going down then you wont really be having that kind of panic mode. You would really just that easily be able to move on and wont really be that impulsive.
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letteredhub
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February 20, 2024, 01:11:39 PM |
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Bitcoin wasn't designed for short term investment, more typically it was created as an alternate currency against the shortcomings of fiat currency with it's proneness to inflation and centralized regulations that takes financial freedom and privacy out of the hands of the ordinary man. Gradually with the value bitcoin started to gain investors rather now saw it as an hedge to profit making through a long time holding duration of the coins. Bitcoin is nothing like altcoins and if anyone would make tangible profit it's only through a long time holding strategy and you can do that through DCAing and lump sum buying.
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Minor Miner
Legendary
Offline
Activity: 2464
Merit: 1020
Be A Digital Miner
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February 20, 2024, 01:33:08 PM |
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Now another big opportunity is going to come in front of us. When the price of Bitcoin will increase much more than that. So I would say, those who haven't invested in Bitcoin yet, make a final decision to invest in Bitcoin for lone time Holding now and hold until the next ATH. You invest in Bitcoin and keep your Bitcoin holdings safe, because the next bull market is going to have the power to change your life. So just Hold bitcoin for long time.
Are you a God who know everything in the future? how you can be completely sure if Bitcoin will make new ATH and change someone life? I hope people are not blindly trusting someone else predictions instead try to learn what's Bitcoin, why you want to buy Bitcoin and know the limit of risk of investing in Bitcoin. If not, they will use all of their savings, sell their property or assets, or taking out a loan in order to invest in Bitcoin because they believe Bitcoin will change their lives! There is no certainty that bitcoin will make a new ATH and bring profits to many bitcoin holders. But as a bitcoin investor, we have the right to be optimistic and believe that history will repeat itself, bitcoin will increase in price and create a higher ATH. But you are right, we can be optimistic but not subjective, we should still have a backup plan if bitcoin fails to create a new ATH, history does not repeat itself. The future is something no one can predict or be certain of, so there must always be a backup plan for every situation.
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Zlantann
Legendary
Offline
Activity: 1036
Merit: 1094
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February 20, 2024, 01:36:04 PM |
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Are you a God who know everything in the future? how you can be completely sure if Bitcoin will make new ATH and change someone life?
OP may be predicting the price based on the history of Bitcoin. We all know that we cannot accurately predict the future price of Bitcoin but the currency has a cycle that it has always followed. Even with the current price, Bitcoin has already started changing the financial lives of many people. The price of altcoins might grow higher within a short period but one also needs to be concerned with the risk of investing in these altcoins. One also needs some skills or experience to be able to navigate the altcoin sector, which makes it a highly risky area for newbies.
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livingfree
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February 20, 2024, 01:43:02 PM |
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We've been reminding a lot of people that every time we're approaching the halving, they should buy. And even there's no halving, as long as the market is on the dip, we also tell them to buy.
Honestly, we've been telling them to buy at any season that they can buy. Because no matter what happens, all we have to do is to wait and patiently buy.
The reward and profit is there at the end of the long wait but whoever loses his patience won't get the most from holding Bitcoin.
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Swagzee_1
Newbie
Offline
Activity: 1
Merit: 0
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February 20, 2024, 02:00:51 PM |
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Your perspective on long-term Bitcoin investment is insightful, emphasizing the historical trends and the potential for significant returns. While the idea of holding for the long term has proven beneficial for many, it's crucial for every investor to approach cryptocurrency with careful consideration. The market's volatility and unpredictable nature require thorough research, risk assessment, and an understanding of individual financial goals. Diversification and staying informed about market dynamics are key elements in navigating the cryptocurrency landscape. Your advice to potential investors to make informed decisions and prepare for market fluctuations is well-noted. As always, it's recommended to seek professional advice and stay updated on market trends before making any investment decisions.
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naira
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February 20, 2024, 02:01:50 PM |
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Now another big opportunity is going to come in front of us. When the price of Bitcoin will increase much more than that. So I would say, those who haven't invested in Bitcoin yet, make a final decision to invest in Bitcoin for lone time Holding now and hold until the next ATH. You invest in Bitcoin and keep your Bitcoin holdings safe, because the next bull market is going to have the power to change your life. So just Hold bitcoin for long time.
In other words, actually everyone can invest in Bitcoin without exception as long as they have a basic knowledge first so that they are more confident about putting money into it. But apart from that, of course investing wisely has its own rules and methods. DCA is friendly for everyone if they already have a consistent income from their work, ideally like that but that doesn't mean people who don't have passive income can't invest, it's just that there are fundamental differences when faced with a situation of urgent need. Therefore investing in Bitcoin is better to ensure that the income of funds is consistent and also gets maximum returns. Investment in Bitcoin is indeed long term because now the market capitalization is very large.
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bitzizzix
Sr. Member
Online
Activity: 2562
Merit: 449
Enjoy 500% bonus + 70 FS
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February 20, 2024, 02:02:52 PM |
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Everyone has different plans and strategies in treating Bitcoin and all of them aim to make a profit, and this is the beauty and freedom of Bitcoin's existence. However, we will never know for those who use Bitcoin for trading, short, medium and long term whether they use Bitcoin for transactions because we know that Bitcoin was created as an alternative currency. And I think they will definitely use it if they have to use Bitcoin for transactions and both parties use Bitcoin and have Bitcoin wallets, and the right reason is probably because Bitcoin is still not allowed to be used as a transaction tool. And it may only be used for individual transactions if Bitcoin is prohibited from being used as a means of transaction, and if it is allowed, perhaps only a few shops or sellers will accept Bitcoin as a means of payment. So in my opinion, even though Bitcoin is better used as an asset or investment, that doesn't mean they don't use it for transactions because we don't know about it even if it's only in small amounts. And I'm sure that eventually Bitcoin will work for transactions and investments and it's just a matter of time.
To be honest, although I use Bitcoin for long-term investment. However, I have also used Bitcoin several times as a means of private transactions between Bitcoin users because of its convenience, speed and distance.
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Litzki1990
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February 20, 2024, 02:23:07 PM |
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Those of us who discuss Bitcoin and investment always say that Bitcoin is one of the best digital currencies to invest in and an investor who holds his Bitcoin for a long period of time will surely make a substantial profit over time. The more bitcoins you hold, the more profit you can make. Many hold their investments for different periods of time. There are some investors who hold their investment for five to six years after investing and they hold their investment for that period regardless of the fluctuations in the market. We have to hold it in such a way that we don't sell prematurely. I invested in Bitcoin and planned to hold it for long term but after some time the market rose a bit and I got some profit then if I sell my investment then it is not a long term investment at all.
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Negotiation
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February 20, 2024, 02:27:02 PM |
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When it comes to investing in bitcoin I prefer to invest for the long term. Long term investment gives good returns while in short term its profit is less. We all know that cryptocurrency Bitcoin is a strong long term investment opportunity but before diving into this world it is wise to exercise caution and be clear with yourself about your intentions and expectations for entering the market. Bitcoin is good at long term thinking but like crypto can go up and down so quickly that many people may be disappointed that they have to wait patiently without any thought.
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