Quote from: Kong Hey Pakboy on Today at 09:28:54 AM

Quote from: mangsitin on October 12, 2020, 10:20:50 AM

I am a businessman, I get a lot of income from my business, and I leave the world of trading, bounties and investing in crypto. But after Covid came today, I decided to return to the crypto world, and I hope to have a good profit here. what if i invest my business in bitcoin? is bitcoin still good?

From my perspective, bitcoin can still help investors like you earn a considerable profit because even we are in the middle of the pandemic, bitcoin still shows stability and growth that it doesn't get affected by the economic downfall. Many people also say that bitcoin will continue to increase its price, and it will pass $12,000 before the end of the year, so it's still good to hold our bitcoins in the long term.

That is right.
The investor can still profit from bitcoin, but the investor should believe that bitcoin will do the best for them in the long term.
No matter if bitcoin is down, the price will increase again, and it will increase in the long term.
Maybe they need to wait by hold their bitcoin for some period, but the result will be perfect for the investor because they will make a lot of money in the future.
But unfortunately, many people still doubt with bitcoin, and they say that bitcoin can not increase high.
We will get the same as the investor if we can hold bitcoin and not sell the bitcoin if the price does not jump to the higher price.

I would suggest to @OP to continue to invest in bitcoin and hold it.
Don't panic if the price is down because he will get another opportunity to buy back Bitcoin at a lower price.