Bitcoin is the most beneficial cryptocurrency in the world as I have seen it change the lives of many around me for good and I am glad to begin this journey into securing a bright future with Bitcoin.
But as a newbie that want to tread this path, what are the things I need to know about it? Will buying and hording for a long time profit me?
I think everyone already gave you a good link to read as a starter, but let me just say though that bitcoin investment or trading is a journey, it's a long process and you will learn a lot of strategies and just simply used what's best for you.
Yeah, I will say that buying when the price is cheap just like what we are into right now, the bear market, it's the best time to accumulate. But you also have to be mentally prepared to hold, because it's going to be long and there are times that you might be tempted to sell and take the profit. But the cycle goes like you buy at bear market and then sell at bull run in order to maximized your profits.