Quote from: sheenshane on January 09, 2021, 04:13:25 PM

Quote from: Wenbing on January 09, 2021, 12:21:19 PM

What's your advice? Is it keep holding? What if keep holding means holding at a loss?

I have some advice. Yes, investing in Bitcoin is might risk but it will also profitable if you know how to manage Bitcoin very well.

Bitcoin isn't good for seeking a short term profit, that is very risky. Try to hold Bitcoin for at least a year(s) or don't sell it until your profit wasn't there. Every one of us doesn't know how to have an accurate prediction in Bitcoin price, it will fluctuate in the unknown direction which may lead to us a huge loss if ever we made mistake.

Research on your own and see around how far Bitcoin had these achievements, we're now on mainstream, and people around are almost all aware of Bitcoin through the help of those institutions that adopted Bitcoin. I think the price will keep rising throughout this year. There might a short correction but it will always end up rising the price.

Looking at the bitcoin market movement today, i had to reflect on this thread again. We see how the price of btc dipped from 40k to 33k, what a decline!
i feel, $7K correction is a small correction but a huge correction. But, to those that have already made loss, there is every tendency that it will either rise or fall but i feel if you have already made loss, you should consider either to continue to hold or you sell.