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.
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.