Post
Topic
Board Bitcoin Discussion
Re: My Bitcoin mistake In 2020-2021
by
pushups44
on 04/01/2022, 19:56:30 UTC
Well I decided to create this thread to share my Bitcoin mistake and the lesson has lean from those mistakes, around February I invested leftover funds of around $400 in buying Bitcoin and at that time Bitcoin was around
$10, 500 and I held for over a year and when the price of Bitcoin got to $40,000 I sold out my $400 investment which give me 3x+ profits but just within some days later the price of Bitcoin hit $67k and since then have not returned to the price I sold it which gives me a vegetable feeling any time I think of this investment. So I will like to give out very simple advice please keep holding your Bitcoin your investment is safer in Bitcoin and for great peace of mind always try to hold your Bitcoin as Bitcoin price is limitless am going to join the steel hands, Bitcoin holders, very soon.
One of the ways I save my Bitcoin is by buying during the deep never looking at it again for over some time. I have learned big from that small mistake of the past 2020-2021.

As digital gold, bitcoin is a long-term investment. I believe over 90 percent of traders will lose in this market just as in any other market. I think if someone is going to trade, they should do so with only a portion of their liquid assets. This way, they can determine if trading is more profitable than simply buying and holding (unlikely), while still keeping some of their long-term holdings.