Post
Topic
Board Bitcoin Discussion
Re: Bitcoin as a trend over other cryptocurrency.
by
wmaurik
on 13/01/2023, 10:38:40 UTC
Indeed it very interesting. That why I made the quote that it will be best in investing of Bitcoin now as it's price is likely to increase at any time
There is absolutely nothing wrong if you want to invest in Bitcoin this year because Bitcoin has the possibility of price improvement in the market this year, so you will not miss the train if you want to invest now in Bitcoin.

Currently, bitcoin is still cheaper at the moment so the price is just perfect for bitcoin accumulation in the market. But for those who plan to sell because they think they are already at a loss, think a lot of times, you will never lose in crypto unless you start selling your coins at a very low price. The reason why bitcoin should never be highly regarded for short term investment, as its supposed to be profitable when hold for long term.
This understanding that you provide is very appropriate for OP who wants to invest in Bitcoin from now on so this explanation can really help him not to doubt Bitcoin. Because some people who experience losses through Bitcoin are because they cannot hold Bitcoin longer so they are willing to withstand losses only when they see Bitcoin is declining so that their faith in Bitcoin fades.