Cookdata
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March 22, 2024, 01:18:06 PM |
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There is only one issue with holding Bitcoin for a long period - you never know when the price will go up significantly. You can wait for 10 years and the price would still be low. People waited 3 years for ATH to update. There is a tendency that every 3-4 years Bitcoins price update ATH, but there is no guarantee that it will always do it. And adoption might become like this - you want adoption, you get regulation or limitation. Right now Bitcoin is so to say wild. Adoption cant happen imho without control. If Bitcoin gets controlled, it will stop gaining in price.
I think this is wrong information. Holding Bitcoin for a long term means that you are holding for a long term because you don't have plan on cashing out your investment anytime soon and also anticipating for increase in price which is not bad but waiting for 10 years is wrong. I have not seen anyone invested in Bitcoin all their life for 10 years, most people that have been holding for more than 10 years are probably the OG which are still using legacy addresses. So far, we have had adoption and no regulations has been set upon Bitcoin, the only people that the government are trying to regulate are the centralized exchanges which is as a result of implemented anti money laundering scheme KYC to combat scammers and allow the crypto be free from fraud but that hasn't stop Bitcoin from doing what it should have done.
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Blitzboy
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March 22, 2024, 03:19:21 PM |
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Bitcoin isnt just money, its the BEST money. This isnt just hype, folks, its about winners and losers. Bitcoin's taken hits, sure, but it always comes back stronger. Thats true strength, the kind you wont find in your average stock. See, Bitcoin's different. Its scarce, controlled, that creates value. And more and more businesses get that, countries too.
Now, Im not saying you wont have rough patches. This is a long game. But those who understand the big picture, they know Bitcoin's built different. Its more than quick profits, its about changing the system, taking control away from the old guard. And lets be real, folks, aint nothing more satisfying than watching the naysayers eat their words. So, all you smart investors out there, hold strong. You're not just making money, you're making history.
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GideonGono
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March 22, 2024, 03:20:55 PM |
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Bitcoin has shown it numerous times before, every time it falls down it would just take some time before it rise up and set a new record again. But if you could trade then why not use it to accumulate more rather than just holding it, it is better to use the volatility of the market to earn more.
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pawel7777
Legendary
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March 22, 2024, 03:53:34 PM |
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Bitcoin has shown it numerous times before, every time it falls down it would just take some time before it rise up and set a new record again. But if you could trade then why not use it to accumulate more rather than just holding it, it is better to use the volatility of the market to earn more.
You could say the same about most commodities or indices etc. If you hold them long enough, you'd eventually end up in a profit position. But things are not so rosy when we consider inflation. When BTC broke the new ATH, you could say that everyone who bought bitcoins at any time before that date (and didn't sell) is now in profit, but for those who bought at the previous ATH of $69k, the new ATH of $74k means a total nominal return of 7.2% in 2.5 years, equating to annual return of 2.9% - so well below the inflation rate (in most of the countries). So yeah, Bitcoin is not some universal, superior type of investment and timing matters a lot. Depends on the time period, you could be much better off locating your money elsewhere.
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Bushdark
Sr. Member
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Vave.com - Crypto Casino
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March 22, 2024, 05:21:00 PM |
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Bitcoin has shown it numerous times before, every time it falls down it would just take some time before it rise up and set a new record again. But if you could trade then why not use it to accumulate more rather than just holding it, it is better to use the volatility of the market to earn more.
The journey started many years ago and we need to be prepared for the long phase it's going to take us to keep benefiting from the market. There head been many people that had dispised the journey but now, they are regretting why they never joined the train before this time. They would have made some good profits from the market if they had decided to invest there money and time on Bitcoin. There is still time for their people that have thought that Bitcoin would never reach the price that it is now.
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Bananington
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March 23, 2024, 12:49:44 AM |
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That goes to show why BTC is the leader and number one among other cryptocurrencies out there. Those who lost theirs somehow at the onset still regret till date because they would have been more careful to keep it safe in a wallet with key phrases and they would have accumulated at least for the time they could and it would have counted for something tangible and a reason to continue the journey.
Despite the dip, please buy and HoDL. Despite the pump still buy and HoDL. Although the profit would not be tangible enough now since we are already nearing the time of the halving and even the bull season won't do well for anyone just starting their HODLing journey. Instead for a long time close to a decade would do with a steady DCA strategy and much profit yield. Even as a trader, unless you do know how to trade and earn, please HoDL.
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Negotiation
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March 23, 2024, 01:29:04 AM |
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I agree with you that no one loses by investing in Bitcoin and those who invest in Bitcoin. They are not disappointed in some cases it may take a little longer to get the profit. But no one is directly disappointed and his meaning is not lost at all. But if you invest at the right time, it is possible to make a lot of profit, because if you invest when the price of Bitcoin is going down, the number of profits is very high.
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Hypnosis00
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March 23, 2024, 06:46:11 AM |
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I agree with you that no one loses by investing in Bitcoin and those who invest in Bitcoin. They are not disappointed in some cases it may take a little longer to get the profit. But no one is directly disappointed and his meaning is not lost at all. But if you invest at the right time, it is possible to make a lot of profit, because if you invest when the price of Bitcoin is going down, the number of profits is very high.
The value of Bitcoin just changes (up and down) but the amount we purchase (and hold) remains the same. Therefore, if we don't touch our Bitcoin, nothing happens. We only just lose if we sell them at a cheaper price compared to the buying price, and we only earn a profit by selling them high. That is how this investment works. Unfortunately, what is in the minds of some people (newbies) when they see a price decline and check their portfolio is in red, they start to panic. Real investors don't take a move without a plan but passing investors don't have. This is why only real investors make money and are also the ones who are able to understand how things work out and why others are complaining.
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Zanab247
Full Member
Offline
Activity: 1372
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Catalog Websites
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March 26, 2024, 06:06:50 PM |
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Bitcoin has shown it numerous times before, every time it falls down it would just take some time before it rise up and set a new record again. But if you could trade then why not use it to accumulate more rather than just holding it, it is better to use the volatility of the market to earn more.
Many people think the price will not rise again after the price reached $73k this year but it was a great surprised to some hodlers that have already sold their BTC and, the remaining hodlers who are still hodling for $100k to come before they can sell still have hope to achieve their target soon. I guess many hodlers use that bull run to accumulate because the price hit the price hodlers have never see before in the market and, I believe it's few hodlers that are still hodling their BTC right now.
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Gladitorcomeback
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March 26, 2024, 06:16:36 PM |
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Many people think the price will not rise again after the price reached $73k this year but it was a great surprised to some hodlers that have already sold their BTC and, the remaining hodlers who are still hodling for $100k to come before they can sell still have hope to achieve their target soon.
I guess many hodlers use that bull run to accumulate because the price hit the price hodlers have never see before in the market and, I believe it's few hodlers that are still hodling their BTC right now.
Who are the people who think the price will not rise again after reaching $73k? How can one think that way when they know that the halving is yet to come, and the bull run generally starts after that? The new all-time high of $73k was a surprise for us because it happened even before the halving event, so we shouldn't think that the price won't go above that point anymore. And, what makes you think that most holders have already sold their assets when the price hit $73k? I don't think that's true, at least wise holders would still be holding because we are not done yet, we are yet to witness the actual bull run and the price can easily cross $100k when that happens.
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Adams0001
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March 26, 2024, 06:40:08 PM |
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The only set of people that are ever going to lose in this bitcoin game are those who sell when the time is not yet right. I mean, those who bought at a high price, but due to market conditions, out of fear, they sold out their holdings and ended up recording losses. No matter how much one ends up buying bitcoin, it's never going to lead to regrets. As long as the person in question bought the bitcoin with a small amount of his assets and can hold it for a very long period of time, they will eventually reap the fruit of their holdings. It's just a matter of time, which might seem to be taking forever, but with time they will gradually get to when they will take profit from their holdings.
Some sell their coin for a variety of reasons, not all sell bitcoin out of fear, but some are afraid of losing which is why they sold it, and I won't blame them because they aren't ready to achieve their goals, because anyone who knows about bitcoin very well will never sell it if they haven't met the minimum of their requirements, and anyone who is afraid of losing will find it difficult to succeed in his crypto journey. you need to take risk before you can get profit because we use our capital to generate profits and anytime you are scared to put money on something you will never get anything from it. that is why if I introduce anyone to invest in bitcoin and is saying is scared to lose i just forget about him, you can't be getting money anytime and you are expecting to know lose sometimes he can never be posible one day you most likely lose but the profit will be higher then losing, because when you are getting knowledge on bitcoin he will reduce your lost on it and increase your profits.
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Fivestar4everMVP
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Leading Crypto Sports Betting & Casino Platform
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March 26, 2024, 07:59:18 PM |
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If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future.
Bitcoin has thought us nothing different from what other investment assets teaches many of us everyday, for if we look at the stock market, look at the real estate market and so on, those who invest and hold always turn out to be the true winners, and being someone who have participated in every of this market and gained the knowledge and experience, I am not surprised to see that Bitcoin is also doing the same thing. But I agree, this is very valuable lesson for the newbies amongst us, crypto is not a get rich quick scheme like the ponzi scheme alot of persons through money into and expect the hundred percent profit by the next day, no no, he or she who have decided and is investing in bitcoin must have balls to hodl, if the goal is for maximum profit, and as much as some people still luckily make alot of profit through fomo, the best time to invest in bitcoin is still during the bear season, those who have the balls to buy and hold bitcoin through the bear season are the true winners when ever the bull run arrives, just like we are seeing currently, and we aren't even in the bull run yet.
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harapan
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March 27, 2024, 12:45:43 AM |
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The only set of people that are ever going to lose in this bitcoin game are those who sell when the time is not yet right. I mean, those who bought at a high price, but due to market conditions, out of fear, they sold out their holdings and ended up recording losses. No matter how much one ends up buying bitcoin, it's never going to lead to regrets. As long as the person in question bought the bitcoin with a small amount of his assets and can hold it for a very long period of time, they will eventually reap the fruit of their holdings. It's just a matter of time, which might seem to be taking forever, but with time they will gradually get to when they will take profit from their holdings.
The fact that you chose bitcoin over altcoins and shitcoins, that thought alone is not regrettable at all. Just patiently hold your bitcoin and never be attracted to FUDs and FOMO in the market so you won’t end up losing your future profits. Bitcoin is for long term while altcoins are for short term, if you internalized this, you will never regretting hodling bitcoin. But set your target selling price of course so you won’t stay hodling for the rest of your life. I simply agree,and I'll choose bitcoin over and over again;By HODLing, you allow your investment to grow over time, which can lead to significant profits in the future.In essence,holding Bitcoin can be the key to financial freedom and how it can revolutionize your approach to building and accumulating wealth. Understanding Bitcoin and its value simply has great benefits attached to it,by educating yourself, developing a working strategic plan, and practicing risk management,you can live up to your financial goals and financial freedom.Bitcoin is always growing in acceptance,become educative,follow the system and enjoy hodling bitcoin.
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kotajikikox
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March 27, 2024, 04:41:57 AM |
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If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future.
Yet people don't seem to understand or accept that reality , they kept having second thoughts about investing in bitcoin calling it as scam when there are almost 15 years now of bitcoin existence and have served thousands if not millions of people (though there are some failure of course) . maybe once bitcoin reached 1 million dollar per bitcoin then those are the days that they will regret those words of them.
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Bloodseekers
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March 27, 2024, 09:17:14 AM |
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If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future.
Yet people don't seem to understand or accept that reality , they kept having second thoughts about investing in bitcoin calling it as scam when there are almost 15 years now of bitcoin existence and have served thousands if not millions of people (though there are some failure of course) . maybe once bitcoin reached 1 million dollar per bitcoin then those are the days that they will regret those words of them. Those who consider investing in Bitcoin as a fraud of course they do not have a correct understanding of Bitcoin and also they only know a little about Bitcoin so they make mistakes in their investment which results in losses so they consider Bitcoin a fraud and if they can invest correctly of course Of course they will be able to get a profit on their investment and currently Bitcoin has been very proven by recovering prices after experiencing a decline.
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Russlenat
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March 27, 2024, 02:15:35 PM |
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This is actually true, their is no holder of Bitcoin that would feel any regret as a long term holder, because as Bitcoin is right now, we have not even seen the real potential of Bitcoin, and since it has a limited supply, it's destined to skyrocket in the near future.
Lastly, if you can do a research about Bitcoin over the years since it came into existence, it has practically grown over the years, and that's how it will keep on growing, when it's finally been adopted by more people and nations around the world.
There is only one issue with holding Bitcoin for a long period - you never know when the price will go up significantly. You can wait for 10 years and the price would still be low. People waited 3 years for ATH to update. There is a tendency that every 3-4 years Bitcoins price update ATH, but there is no guarantee that it will always do it. And adoption might become like this - you want adoption, you get regulation or limitation. Right now Bitcoin is so to say wild. Adoption cant happen imho without control. If Bitcoin gets controlled, it will stop gaining in price. Adoption might still be far possible, as it may take a lot of processes before it gets finally done. And yet the end result would be controlling bitcoin and regulate it, hence slowly losing the decentralized nature of bitcoin, one thing that majority will never like it. However, back to the topic, hodling bitcoin might have an issue but I think everyone has been aware of it prior to bitcoin hodling. And instead of seeing it as a threat that we can’t predict correctly on when will bitcoin price will go up, majority of people considered it as a thrill that keeps them coming back to invest and hold bitcoin.
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AnonBitCoiner
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March 27, 2024, 08:16:35 PM |
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Bitcoin is known as the king of all coins because of its success and its certain recovery but there are also some altcoins that must recover back to its elevated value like that of ethereum. Although all altcoins are not similar like that of ethereum and many of them disappear after some months or years therefore be conscious to grap top altcoins so if price goes down then you will have knowledge that it also have the ability to gain the previous worth once again.
Some people have bought bitcoin at the price of 69k$ at price bull season but they should not regret for their past as they are near to achieve their target value. As in current Bull season it recover back to 69k$ and even moved to the value of 73k$ so it is possible that if we target a value then once day we will achieve it no matter how longer we wait for it but out dreams will come true.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Ryu_Ar1
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March 27, 2024, 08:35:24 PM |
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This is actually true, their is no holder of Bitcoin that would feel any regret as a long term holder, because as Bitcoin is right now, we have not even seen the real potential of Bitcoin, and since it has a limited supply, it's destined to skyrocket in the near future.
Lastly, if you can do a research about Bitcoin over the years since it came into existence, it has practically grown over the years, and that's how it will keep on growing, when it's finally been adopted by more people and nations around the world.
There is only one issue with holding Bitcoin for a long period - you never know when the price will go up significantly. You can wait for 10 years and the price would still be low. People waited 3 years for ATH to update. There is a tendency that every 3-4 years Bitcoins price update ATH, but there is no guarantee that it will always do it. And adoption might become like this - you want adoption, you get regulation or limitation. Right now Bitcoin is so to say wild. Adoption cant happen imho without control. If Bitcoin gets controlled, it will stop gaining in price. When that happens then your target must change from the original duration of time to the level of profit you want to get when in bitcoin and i like the second choice where the level of profit becomes my initial benchmark rather than the duration of time that I will do in bitcoin. As for now it happened when bitcoin started experiencing ATH a few years ago i started to be there and bitcoin crashed and to the point where the price reached $16k I also continued to buy Bitcoin with DCA so that the level of profit i had continued to rise and now it is really proven and very felt but because my initial target is $100k i will stay here until the target i want is reached later. As for the time whether it is longer or shorter i don't really care what matters is that I am at that price and I will release my holdings slowly from the $100k price. As for when the target price of $100k is exceeded then it also does not matter because I will sell it gradually but when the price drops back then I do not bother with other thoughts because I will buy back bitcoin by setting a new price as my target in the future .
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| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
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Sanitough
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March 27, 2024, 09:50:46 PM |
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The "win-win" situation applies only with hindsight. For early investors, holding was a wise strategy. But for those who bought at the peak of a bull market, the wait for profits can be agonizing, especially during prolonged downturns.
Basically every investment requires a lot of patience and Bitcoin one isn't that different. The return of investment in Bitcoin used to have as higher percentage as the user hold it for a longer period. In recent years, the ROI was lower than the first years obviously, yet it is still profitable unless you panic sold your coins with a loss. Just invest what you are affordable to lose and keep calm. That's the advice that every investor should have in mind Regardless if you invest for long term or short term, it’s always necessary to only invest what you can afford to lose. No one holds the future price of bitcoin so to lessen the risk of losing, only invest your spare money that is not intended to pay your bills or buy your basic necessities. However, there is always advantage of you keep bitcoin for long term. Aside that it’s value appreciates in time, you will also feel less stress and less worries if you invest bitcoin at its long term.
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Ben Barubal
Member
Offline
Activity: 560
Merit: 17
Eloncoin.org - Mars, here we come!
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March 27, 2024, 09:56:49 PM |
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If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future.
Those are really proven and tested, especially among the rich, who hold bitcoin little by little for the future. But for people who are not rich and are trying to accumulate bitcoin, they will experience a profit from holding bitcoin in the future, but not as much as the amount that rich people make. That's why, in a scenario like this, the top alternative altcoin investments always come in for those who want to get a big profit, as long as they really have potential, like Ethereum, Bnb, ADA, Matic, Aptos, Arb, and others. Because Bitcoin is really 100%, you can really get a profit there even if you hold it for a few more years. It's really just arguing with alternative crypto about how many times it will happen to your capital.
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