Post
Topic
Board Bitcoin Discussion
Re: Hodl is not the best option as it seems
by
lienfaye
on 24/05/2021, 07:04:03 UTC
My question is why is they no extra profit for early holders when the price falls and rises agian?
It depends how much you bought your bitcoin. If you buy at peak price then suddenly a correction happened its obvious you cant earn profit and you have to wait for recovery. The price need to surpass the amount you bought your btc in order to earn profit, thats why its not advisable to buy at peak because of the risk unless you're planning to hold for long period.

Thus if you want to maximize your chance to gain from btc, simply buy in dip and wait for a bullish market.