Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is the smart choice not the entire crypto industry
by
Ojima-ojo
on 19/12/2022, 23:21:59 UTC
I agree, Bitcoin had been proven that its market will give its investors a good profit in the long run.  Even those who had entered on the peak price, Bitcoin often breaks the peak price a year after the halving so there is a chance for these peak price investors to even profit if they just hold their Bitcoins and wait for the market to rally to break the ATH again.
Yes Bitcoin has never disappointed its long-term holders before because bitcoin will always recover in the long run and make some positive price movement that earns holder good profits, and u have not seen we're anyone ever lose all their money holding Bitcoin.

But then investors must be aware that buying Bitcoin at the wrong time can lead to frustration when the price goes against the buy price e.g, buying Bitcoin when the price is high and expecting to make profits in a short time can lead to frustration, but buying during the dip just like now, can position an investor for quick gain since the market may recover at any point.