Quote from: Abiky on Today at 01:37:22 AM

Quote from: qwertyup23 on September 04, 2022, 03:24:23 PM

Actually OP, it is easier said than done.

Given that there are people who invested thousands to millions of $$$ on their BTC investment, this means that the slightest movement on its price could mean an increase/decrease of over thousands of dollars on their investment. So, while the thought of HODLing and hope may give some sort of assurance, people who have lots of dollars on their investment should be ready to take all the contingencies and plans in order to maximize the their gain or loss on their investments.

Of course. Not everyone is capable of "hodling" crypto for a very long time. Especially now when we're living in hard economic times. Everything is increasing in price from gas to energy and food. Only those with a lot of money to spend, will be able to invest into both crypto and stocks. Things will become worse if the global economic continues to deteriorate.

Unless everything goes back to normal, I don't think BTC or any other cryptocurrency will reach a new All-time-high in price ever again. The same can be said about the stock market. Who knows what measures mainstream governments will take to put an end to this global crisis once and for all? Just my thoughts Grin

As the experience of the 1st investors shows, it is long-term hold that brings the greatest bitcoin profit. Therefore, those who are not able to hold for a very long time lose profitability. In general, investing requires composure and endurance. If at 1st there were huge profits, now the profitability relative to the 1st years of bitcoin's life is significantly lower and you have to wait longer, that there were good Xs.

There will always be some problems and crises in the world. Moreover, in some way, bitcoin was created as a tool to deal with the financial crisis. So, theoretically, bitcoin should feel good in such situations. I am sure that sooner or later there will be a new ATH. You just have to wait.