Hey 
I once came across a time when I was unsure where the market is going to take us , thus I brought at a very high price , unfortunately the price came down as quickly as it climbed up.
The reason I believe I haven't lost even a single penny is because I believe you cannot loose when you don't encash.
Therefore I still believe holding for the long term can actually help you .
I once came across a time when I was unsure where the market is going to take us , thus I brought at a very high price , unfortunately the price came down as quickly as it climbed up.
The reason I believe I haven't lost even a single penny is because I believe you cannot loose when you don't encash.
Therefore I still believe holding for the long term can actually help you .
Taking your quote against you, you don't also earn without withdrawing your bitcoins!
It is essential that you set a limitation, cap, and a goal on your investments to know when to cash them out. Long-term investment and holding may yield you income but you may miss opportunities arising from sudden spikes and increase on its price due to its high volatility. You may want also to consider short-term investment as it may render you income relatively better than a long-term HODL.