Post
Topic
Board Trading Discussion
Re: Why Not Just Buy BTC?
by
Bitcoin_people
on 08/07/2023, 05:29:29 UTC
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?


Most investors in crypto believe in bitcoin investing in bitcoin is a wise move. And these strategies have been followed by people for years and have been investing in Bitcoin. People adopt the strategy of investing in Bitcoin and holding it when its price drops and selling when its price skyrockets. And the more savvy investors buy Bitcoin and hold it for the long term. They know Bitcoin will reach a point at some point where people will be very interested in buying Bitcoins but the majority will have very few Bitcoins. Because Bitcoin is a limited number of currency, when people hold large amounts invested in it, the impact of Bitcoin will be seen. So investing in Bitcoin is always trying to hold on to it and leave a huge asset as Bitcoin for the future.