Quote from: Handsome Boy on December 26, 2020, 04:47:29 PM

as we know, the price of Bitcoin had a bear run in 2018 with the lowest price at $3k on Dec 17, 2018 and now the price of Bitcoin has reached $25k and this is the new ATH price for Bitcoin, so if you buy Bitcoin in 2018 and HOLD until now, then you can get a profit of more than 700% and I also congratulate those of you who HOLD or bought Bitcoin in 2018 when the price of Bitcoin dump.

maybe those who bought when prices fell in 2018 could be a lot and we can be sure of that. but when the pandemic early last year hit the world, maybe not a few had to give up for sale because of urgent needs.
although in the end maybe now regret it but all there must be a priority scale. for those who are still holding back, of course, they will enjoy happy results at this time.

Quote from: Bitcoinislife09 on February 05, 2021, 07:21:32 PM

For most people, it would be practical to just hold for years until the bitcoin price increases to thousands of thousands of dollars and that would be a big profit for investors. Or you could sell for short to make a profit in order to invest a higher amount than you could invest in a long term investment. I understand that it just so hard to sell your bitcoin because when the price skyrocket after a few years it just feels like you lose a lot of money even though you make a profit when you sell your bitcoin. It is always like the longer you hold the higher the reward you're going to get.

Bitcoin is indeed very profitable when used as a long-term investment because we know that once every 4 years, bitcoin experiences a halving which will experience a reduction in the number and demand is still a lot, so to experience a big increase it will certainly happen by itself.
the longer it became clear that the price would continue to increase, but last year bitcoin made a short-term investment move that was also very profitable for those who could take advantage of it.