Quote from: macson on November 03, 2023, 09:40:45 PM

holding bitcoin must be wise, that is the most important thing... everyone who buys bitcoin with the aim of long-term HODL, must have good financial planning to avoid failure to do "HODL" in the future, you or your relatives will definitely one day experience sadness or suffering from illness and how do you cover all that when you don't have emergency money or savings, bitcoin is a very volatile asset and its price is predicted to exceed $100k, so i am very confident about the future of bitcoin, some people suggest diversifying investment assets that i own but i am only more confident about Bitcoin, the others are not convincing at all.

When investing we must invest in long term plans. I believe from my perspective the longer I hold my investment the more likely I am to make a profit from my investment. Some people just wait for opportunities but they never invest and even if they dare to invest they can't hold their investment for long. I would like to give an example of some people who have been planning to invest in Bitcoin for a long time but they are so worried about the market that they have not invested until now.

When the price of bitcoin was 15000 dollars they planned to invest when the market went down a little bit but since that time the market went up a bit then they thought if they invest now maybe the market will go down again they waited more. And after waiting, when the market went down a bit, they thought that maybe the market will go down much more, that's why they waited again, but the market went up again, they waited for it to come down, but the market went up again, while waiting like this, they could not invest until now. You must invest by understanding the market and waiting for opportunities, if you don't have enough courage to invest then how will you invest later and keep your investment for a long time.

The prerequisite for investing and holding it for long is to first build courage in your mind and develop the mentality to take maximum risk in the right place. When you have courage in your mind and inclination to take risks, you can invest and hold it for a long time.

Keep your investment for long term and set yourself a goal I tell you your investment will never let you down but will give you better than your expectations.