Holding bitcoins on a long term basis would be the best way to gain more returns.Holding in short term basis would be beneficial only for altcoins as their price is so volatile.We could see the steady rise of bitcoin price from the last six months irrespective of ETF disapproval,BU.
I could not agree more. This current dips in price is just a test on the threshold of the holders. Weak hands dump, strong hand hold, faithful hand buy. We can see developers actively developing and updating Bitcoin with the best possible way they can. This drama will eventually end, either thru soft fork or hardfork and a possible of chain-split. After this incident we can see Bitcoin to scale and start increasing its price again.
90% of my bitcoins was on hold on latest drop, I decided to trade only 10% to some alts. On most I made profit, but XMR is killing me right now
In my opinion soft fork will happen, and we will regret not investing more when price droped (dont take this as advice pls, I predict on my own risk). ETF didnt really affect price, probably because whales didnt believe it in first place.