Quote from: CageMabok on Today at 08:31:35 AM

Quote from: yohananaomi on May 16, 2023, 03:06:10 PM

agree with the opinion that the value of bitcoin will continue to increase from time to time, although sometimes it will also experience corrections, but if it is invested in the long term it is certain that those who hold it will get a very large profit compared to other investments.
I also agree that investing in bitcoin is very risky if you are not wise in investing. if you already benefit from the investment, immediately sell it so that the results of the investment can be seen, will continue to return when the price is corrected and buy for further investment. keep doing it according to the development every time of the bitcoin value.

Because there are improvements from time to time that makes Bitcoin more suitable as an investment in the long term. Because if the investment is only for the short term, I think it's not much different from a trade that some people also often do in the short term. But if investors who like Bitcoin and invest long term, I don't think those investors will make a focus on selling in the short term nor will they give up arbitrarily at prices they don't like. Because usually investors who have several investments will prefer to keep their assets by not throwing them away at a low value.

Indeed bitcoin is prioritized to hold in the long term. For the short term I prefer to do it with altcoins, whereas for bitcoin at least until the bull run comes for me to keep holding it, that is at least a short amount of time to hold bitcoin. But most people are impatient in holding for the long term, they will be tempted by profits when they see their portfolio increase, which is natural because that is what we are aiming for. It's not a problem when we are still selling in a profit, but it's not uncommon for many people to panic so they sell when they lose.