Quote from: globalpain on January 05, 2022, 09:38:50 AM

Quote from: dataispower on January 05, 2022, 07:57:43 AM

Quote from: ashleyknight on July 12, 2021, 06:48:21 AM

I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?

Brotherly, i seems that hodling a Bitcoin for long time is even better than going into trading of daily activities and function, if we hodl bitcoin and any altcoins for two and half years the profit of bitcoin will be profitable than the one of altcoins because bitcoin is having changes everyday by day. I will like to tell beginner's in cryptocurrency to buy Bitcoin and store for long time if the capital is there than buying a none legit project coin for trading

However holding in the long term up to two and a half years is certainly not something that is easy for everyone,
other than that in doing that patience is the key,
what is clear when talking about Bitcoin there is no need to doubt it

Exactly, holding is not as easy as some people believe. As a trader you can always close your position when you feel that the value is going lower than what you expected. But when the price keeps falling and you have planned on holding, it gets really difficult emotionally. You feel like quitting all the way and then when the price rises again you feel guilty.