Quote from: 19Nov16 on August 18, 2023, 03:09:39 PM

It is difficult to say the price indicator of bitcoin can be effective especially if we use it for the long term, which is certain that the price will always be fluctuating and difficult to guess let alone use indicators, I've used several indicators but the results are not in accordance with expectations, if we focus on long term Investment then the best thing is not to check daily or monthly prices, and focus on hold.

There is no need to look at indicators here long term investment in bitcoin requires waiting a long time because it is difficult to guarantee exactly when the price of bitcoin will increase. But even if the price decreases its value will increase with time, so you have to hold and wait. Undoubtedly the top selection for long term crypto investment. The main reason behind the popularity of bitcoin is that investors believe that the cryptocurrency will increase in value over time. Most investors also believe that bitcoin will continue to rise in value as fiat currencies weaken.