Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin for everyone?
by
Bitcoinpoly
on 29/10/2023, 05:29:32 UTC
I am asking this because not everyone has made tangible profit for holding. Just like myself I end up selling at a loss most times just to solve a problem. Some might be lucky to buy at a low rate and within few weeks or months the price just pumps to their favour. This kept me wondering if Bitcoin is actually for every one or it is a scheme for selected individuals..
Basically Bitcoin and crypto currency in general is for everyone. Though this is where the knowledge of the volatile market come to play. You must understand the volatility of the market before you can know the best time to buy and when not to buy. Although there are some functions like the Smart portfolio bot on Bitget that helps to rebalance your crypto holdings and ensuring a constant proportion for your assets.