Hello everyone, I want to share about my strategy with bitcoin and I need your advice.
So the example is, I've buy bitcoin in price $2000/btc with amount $750 so I have 0.375 btc. When the price climb to $4100/btc, I sell my 0.184 btc to get my first capital and get $754.4 and 0.191 btc left .then when the price dump again to around $3900, I buy it again with my $754.4, so I get 0.193xxx btc and my total btc is 0.384xx. With my $750 I can keep increase my bitcoin with this strategy. So what do you think. Am I doing right with my bitcoin? Or you have any advice. Please explain.
The wise strategy that you can do is to hold all of your bitcoins. Holding is the key for you to easily earn money. You should only improve your patience for you to do holding. You can be become one of the people who became rich because they hold their bitcoins in a long time.
If you have bought the bitcoins and that you are not able to make some good strategy which can help you in making of money, then the best thing to do is none other than that of holding of all your bitcoins for as long as you can. It will surely help you in making of some very good amount of money because of the reason that the market value of bitcoin keeps on going up and thus it helps the investors in making more money.