Post
Topic
Board Bitcoin Discussion
Re: My Bitcoin mistake In 2020-2021
by
BIN-BIN
on 08/01/2022, 12:01:53 UTC
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.

it seems like everyone feels this way in crypto. I also sold around $3k and a few months later it went up to $20k. so no one really knows what the future will be like . what is certain is that currently bitcoin holders are always profitable if they are never sold. and in the future it is very likely something like this will happen again .

What is important is that we are still making profits even in a small amount, so we are not losing anyway. This may serve a good lesson that bitcoin is definitely for long term because it has limitless potentials that will give us the best profits we could ever wish. But for short term traders, don't expect that bitcoin will give you huge profits as its value is still moving slowly but definitely a sure thing.

However, bitcoin is facing a hard time for now to expect it to surge high. But it will always recover from all types of dumps and that is why its always best to hold it for long term.
Am of the same school of thought with you guys, as long as you made some profits you need to learn and move one the bad one is when you sell your bitcoin at a lost no matter what it is don't sell below the price you bought it because to get the best out of every investment it takes time.