Quote from: Inwestour on Today at 02:09:12 PM

Quote from: Cyberbex on July 31, 2023, 03:32:48 PM

I am gonna start deciding to sell it at end of 2024 , but I guess i could wait till end of 2025.

Hopefully bitcoin can save me from this crazy inflation and break me out of this financial crisis.
If you guys have any tips , do let me know ... I would be very grateful for it.

If you are going to sell your bitcoin in 2024 or 2025, do you have a further plan of action, what will you do with the cash that you receive when you sell bitcoin, because it will also be subject to inflation.

But in general, your plan is good, owning 1 bitcoin in your student years is an excellent result.

Quote from: bayu7adi on August 05, 2023, 06:04:45 AM

If Bitcoin serves as a currency, why not employ it to purchase goods and relish the resulting acquisitions? After all, the true essence of currency lies in its usage for transactions, akin to employing FIAT to buy food, soda, coffee, clothing, and other sundries. Engaging in selling with hopes of post-halving profits essentially mirrors the essence of investment.

As for governmental remarks, it appears that they cannot outright halt Bitcoin's existence, merely impede its velocity to some extent.

Thant's right, it's worth doing, but only when bitcoin is in a bull market, when it has been able to reach the new ATH, then you can pay for everything you need with bitcoin, if you have such an opportunity. But while the bear market lasts, it is better to take care to buy as much bitcoin as possible so that our investments will bring us profit in the future.

Selling your bitcoin at the bull market and buying bitcoin again on a bear market and repeating it for many time seams an easy trick to make a lot of profit since it's the time that you are challenging but yeah it's hard to be patient for years. Imagine those people who did this kind of holding strategy on the past market cycle, I'm sure they are millionaires right now.

2024/2025 is the anticipated year of cryptocurrency bull run and bitcoin is the most anticipated coin that will rise. I think if we achieved a greater price feat on bitcoin, the adoption will be much faster than past years. We have saw a increase of bitcoin payment acceptance last bull market and I personally expect that it can rise again.