Quote from: Roseline492 on Today at 04:50:46 PM

Quote from: JoyMarsha on November 30, 2023, 10:59:12 PM

It's not a guarantee that hodling bitcoin for years will prevent its price from falling to a point where it's affordable to purchase during a bear market since the bear market serves as an opportunity to buy bitcoin at a low price.

holding Bitcoin will never withhold or prevent the Bitcoin price from falling because holding has nothing to do with Bitcoin price and perhaps that's not even the reason of holding. We know how Bitcoin price can be very volatile sometimes so the only way we can keep our mind at peace is by holding because if you decide to chase the price movement you could end up getting cut by the market.

Also one of the factors that always affect an investor from accumulation of Bitcoin is always expecting the Bitcoin price to dip before they could start accumulating, considering the price movement of Bitcoin waiting for the dip may not be advisable because you could be waiting for a long time and the price is still not dip.

The essence of holding bitcoin for long term is for you to make a profit, many people who hold a bitcoin knows the reason why they hold a bitcoin and their primary concern or primary objective of holding bitcoin is to make sure that they have profited in bitcoin more that they capital they use to invest or buy a bitcoin, so that is why investors concentrate on buying the market fall's, so it's better for you to learn the strategies of investment so that you will not be victim of losing your funds for investment of Bitcoin, the area of accumulating a bitcoin it's necessary and acknowledging for someone to accumulate a bitcoin but they look towards when the market in dip before they invest in bitcoin to accumulate it, when you said accumulation, it can some who buy bitcoin and hold for long-term and continue to buy more instead of selling the investment coin because of little bullrun, someone accumulate a coin have a duration and target of cashing out, so that is what I want some of us to understand