Quote from: MarjorieZimmermanGinger on February 25, 2022, 05:18:52 AM

This means that bitcoin is currently better for short-term investments, considering that market conditions are not in normal conditions, but if a long-term target is installed, then this must be prepared for a long period of time, short-term profits are not too big profits, but at least it can be stable in filling the void of profit from investment in conditions like now, so there is a reasonable return, although not so big.

Maybe right now, bitcoin can be a short or medium-term investment but I hope you can also prepare some bitcoins to keep you on for the long term. You can buy at a low price and sell later if the price goes higher as we see now but leave some other bitcoins for later. At least you can still profit from each price increase and decrease while you still have something left over if the price gets a pump.

Quote from: Jating on February 25, 2022, 01:33:52 PM

It did recover, so we are back in the $38k range, meaning we might be looking at breaking the whole number barrier of $40k so this is a good indication that even if Russia has invaded Ukraine people remains bullish on bitcoin. And who knows, maybe next month we can see the price again at $50k as people started to flock on bitcoin because they wanted to preserve their wealth and secure their future.

Thankfully, the price is now back to the $39k level, higher than yesterday's price and hopefully, the price can rise and return to the $40k level. The opportunity for bitcoin to break the $50k level will always be wide open, although there is no certainty when it will happen. We can continue to hold our bitcoins and enjoy the price movement and also, we can buy bitcoins at low prices. Hopefully, the Russian invasion of Ukraine can stop and the price of bitcoin can break through higher price levels.