Post
Topic
Board Speculation
Re: Know your time to HOLD
by
CageMabok
on 08/07/2023, 17:45:55 UTC
What I can conclude from your post is that Bitcoin is the nature of an asset that takes time to buy and sell and that waiting for the desired price is important. Even if you feel disappointed in yourself because the price did not reach the expected level, however, your determination to make money with Bitcoin remains strong. Bitcoin HODLing is a sound strategy because it has the potential to provide positive results in the long term, despite price fluctuations in the short term.
Another conclusion that can be said for this is about sufficient patience when someone is still trying to make a holding for a long time. Because if someone only thinks about the price in the short term while holding Bitcoin, it is more a trading effort that usually only looks at profits for a certain amount. Meanwhile, Holding's mission is actually for greater profits with the achievement of a time that may not be short so that someone will not always check prices in the market and feel worried about price declines in the short term.