Post
Topic
Board Speculation
Re: No BTC Holding is risky
by
carlfebz2
on 24/08/2021, 21:28:09 UTC
I have sold my BTC earlier @$31k-$35k range long ago. I have invested in altcoin then and made some great profits although I had to lose 50% at the end. Now, I own almost no cryptocurrency other than USDT and a few trash coins.

Yesterday, I was scrolling newsfeed on twitter and got someone tweeted like this, "No BTC holding is risky.' This is somewhat true when I thought it deeply. Now, I got the same feeling. It’s risky to not own any bitcoin. Fiat is getting devalued all the time.

It's a fact, we should for longer to get profit. For example 60 days as a targets from the investment date. In one day, you get profit before the value of 60 days. Holding will sure earn us a profit. Don't sell with minimum profit, when you inverse the value of 1000$. Don't  sell with the profit of 10$.Atleast wait for the profit of 100$ from the 1000 dollars investments.

Exactly, in investing of course we must have a target time, I think 60 days is too short to get a profit, usually I target about 6 months, and in fact as long as we can be patient then we will get a profit.
Patience is virtue but having too much will really be in resulting on missed out opportunities when you are forcing yourself on hitting up a target point which might take for years.There would always be a time on where

sudden change of decision is a must for you to take advantage since this market could be profitable on doing buy low and sell high thing but it isnt simple as it sounds.Its actually on someones preference on how they

would handle out their finances or investment because we do have different perceptions or takings into something.So its a personal choice but at least you do know the risk and the possible opportunities.