Quote from: Fredomago on Today at 06:09:12 PM

Quote from: dataispower on Today at 02:24:43 PM

Quote from: Pandu Geddon on September 15, 2022, 03:14:56 PM

Quote from: albon on September 15, 2022, 01:05:28 AM

It is good that investing in Bitcoin is safe because the price is not highly volatile like other currencies.

how can you say the price of Bitcoin is not so volatile? all crypto assets have fluctuations, they have risks. indeed investing in bitcoin will be safer because it is very reliable. but that does not eliminate the risk of the highly volatile price of bitcoin.
So whenever you have the opportunity to buy, it means you have money to buy. it is ok to buy Bitcoins to increase assets.

With addition, why people invest in Bitcoin for long term it's because of it's volatility, bitcoin is a coin that has influence over any other coins and the long term investing in bitcoins is safer than shitcoins investment either short investment or long term investment in shitcoins. And bitcoin determine the future of relevance of other coin's.

Yes i will agree with you because if you want to invest for long term, it's a Bitcoin, because some of the shitcoins people value because when it turns to ten X alot of profit will be made are the coins that the value stops on the way, and it has happened to me, and instead of investing on shitcoins, it better to invest in bitcoin because bitcoin is an asset.

No doubt if you are aiming for long-term investment it's bitcoin that will be the best fit for you to hold, the chance of seeing huge market value is always possible for bitcoin, its need time to bounce back and deliver your target value. If you have that confidence and you are willing to take and handle the risk, long hold will be a success to you.

Unless you are playing with the daily market and you are working with short-term trades, the chance of getting a huge amount of profits is no longer applicable unless you have a huge amount of investment.

Not all does have that patience would really be holding something for long term and just ending up on getting few percentage returns on doing so but well this do always falls down on the preference and plans or goals
of certain investor on what are the coins that they would really be tending to hold for long term.Not all does have that kind of similar mindset when it comes to investment, some might prefer long term
and some might prefer shorter ones.Selling decision would really be entirely be depending on someone since there are lots of factors which could really be affecting those decisions that would be made.
Sell if you do see that you are in gains or greens which is really that common sense to do.Never ever sell on negative yet it would really just worsen up the situation.