Post
Topic
Board Bitcoin Discussion
Re: What is your plan with Bitcoin?
by
xSkylarx
on 02/12/2022, 04:58:48 UTC

My goal is to hold Bitcoin until it reaches £500k - £1m, i know it will take a long time but will be worth it.

Just wondering how everyone else invests in Bitcoin? How often do you buy and how long do you plan to hold?

That is a huge profit and long way to go. I think you should forget that you are holding a bitcoin since it will take decades or more to reach this, but Bitcoin is very volatile, so we really don't know. If you continue to monitor the price of bitcoin on a daily basis, I believe you should lower your target price, even if it reaches $100,000, because you've already made a lot of profit on it. My plan is  I only sell it when I need it, so it will be a few years before I sell it, depending on the price so that I do not lose money.