Post
Topic
Board Bitcoin Discussion
Re: No panic while holding my Bitcoin
by
puloweh555
on 19/06/2023, 11:00:45 UTC
This and many more is the reason behind my current confidence in Bitcoin's ability never to let me lose if I hold for a long time.
Indeed knowledge is power, because knowledge can save you when money failed, because knowledge failure is a lifetime problem but money failure in terms of investment is temporally and if I wait I will soon be in profit again very soon, that is what past records have shown and proven.
Knowledge is the most important thing in crypto investing, especially when you are dealing with assets like Bitcoin. I hope you don't feel satisfied with the knowledge you have, you should learn more about bitcoin in this forum especially studying the different types of wallets available to store Bitcoins and keep trying to use a secure non-custodial wallet in order to be in complete control of your bitcoin assets.

You should also understand the importance of the hodl principle in Bitcoin investment. Holding your Bitcoins in the long term can provide better results, of course, this also trains yourself not to panic when holding bitcoins. Especially with fud like what's happening now with SEC vs Binance US, we're panic selling if we don't have enough knowledge. Therefore it is important to continue learning and continue to gather information about bitcoin.