Quote from: nur rochid on Today at 02:06:31 AM

Quote from: Gallar on July 07, 2023, 12:18:54 PM

Quote from: CupCakeHugs007 on July 02, 2023, 04:11:20 PM

I've seen over one dozen websites believing that BTC will skyrocket in the upcoming years.
The platform I use is Coinbase.
I'm thinking of just buying BTC-USD and just leaving it be.
Any thoughts on this strategy?

The strategy you are thinking of is not bad, in fact, in my opinion, it is a very good and simple plan to implement. Because basically, we as investors in bitcoin or investors in crypto, buy when the price is cheap/down and sell it at an expensive/increasing price. Basically it is like that. So if you buy bitcoin or USD and save it, it will be very potential and very good for your future. Especially to be more precise about storing bitcoin assets. because the potential for bitcoin in the future will be very large.

And it is true that according to the cycle that always occurs in bitcoin, next year there will indeed be a bitcoin halving, which usually occurs once every four years. With this halving, the price of bitcoin usually always experiences a fairly high increase. So buying bitcoins now and saving them for the upcoming halving is definitely a very good idea or strategy to implement.

but also usually with an increase in bitcoin it will be followed by an increase in altcoins, therefore we must be good at managing finances to get bigger profits. However, you have to be careful when choosing an altcoin to invest in, of course there are some decent altcoins to invest in, even though investing in bitcoin alone is a good choice. and of course shitcoin will move wildly, but we have to be more observant in analyzing and observant in managing finances, because it has a very big risk

I agree, while bitcoin is a good investment in the crypto market, it seems safe to invest in bitcoin, but that doesn't mean we should miss out on bigger opportunities with altcoins. We should not deny that once the bull season arrives, many altcoins will have impressive growth and better returns than bitcoin. I don't recommend anyone invest in altcoins, but if someone is confident in themselves, they should try their luck with them. Don't be stubborn and deceive yourself that bitcoin is the best and should stay away from altcoin while all want bigger profits.