Post
Topic
Board Bitcoin Discussion
Re: are you a long time hodler?
by
Edcrypto91
on 10/04/2023, 20:49:37 UTC
as a fellow bitcoin investor, what strategies have you found to be most effective, to maximizing your returns while minimizing risk?

do you prefer to hold bitcoin for the long term or you actively trade based on market trends?

and what resources or tools do you use to stay updated on the latest news and analysis related to bitcoin and other cryptocurrencies?(or you does not care about most of the news)
Long term hodling is more profitable compared to short term hodling the major challenge investors face in hodling is the tempt they face when the value of Bitcoins rise most are prompted to sell  which most will regret as the value increases exponentially
Therefore long term hodling is advised as you invest what you can loose freely in Bitcoin so even if value eventually drops you won't run into significant loss in your net Worth