Quote from: michellee on Today at 06:19:49 AM

Quote from: rojan on Today at 12:35:55 AM

Quote from: I_Anime on January 20, 2024, 08:19:04 PM

trading is actually good when it comes to making short term profiting, but not everyone can just dive into trading just like that without any proper proper researching or risk management. You need time to learn more about trading before diving into it, while holding on the other hand don't actually require such skills or time. You just need to make research on the right coin to hold but bitcoin as made that easy because is the best coin, especially when it's comes to holding (long-term investment) is not as risky as other coins. I do trade but still prefer holding.

Bitcoin is the most popular among the cryptocurrency market. Bitcoin is now known by people all over the world. Bitcoin is slowly gaining ground among people all over the world. We will be wrong to compare it with other coin trading. Because I know, investing in Bitcoin is completely safe. But to invest in Bitcoin you have to wait a long time to get profit after investing. So far I have never faced any loss by investing in Bitcoin and hope not in the future. To me Bitcoin is very popular and I believe in Bitcoin that's why I invest in Bitcoin most of the time.

Moreover, with the ETF approval yesterday, Bitcoin will become increasingly well known among entrepreneurs and business people. They will see how much potential profit they can get from Bitcoin. Investing in Bitcoin is for the long term and it gives you peace of mind because you don't have to deal with price changes.

I had huge expectations from the Bitcoin ETF regarding the price, but it turned out the ETF was hyped hence, it could not provide the sustainable increase in price most Bitcoiners were expecting. This now shows that nothing is really guaranteed in the Bitcoin market, all we do are just predictions. I think it is high time we moved past this ETF stories and look at the bigger picture and how to take advantage of the lower prices we are seeing now. Those using DCA should continue and not be discouraged by the drop in price when everyone expected a rise. Those buying the dips should as well continue as the market has continued to present us such opportunities for a while now.

Quote from: michellee on Today at 06:19:49 AM

You only need to hold Bitcoin until the limit you determine to sell the Bitcoin. Many people have held Bitcoin for a long time and cashed out at the right time. These people can take advantage of the potential profits from Bitcoin. We can also be like them but must learn more about becoming a strong Bitcoin holder.

I do not think a time will come when I will sell all my Bitcoin irrespective of the price it gets to. I wouldn't want to make the mistake of not owning Bitcoin because if I sell all, building it back will be a problem. I know some persons who did this but ended up feeling that the price of Bitcoin have gone too high so it will not give them much profit again. So they decided to buy low cap coins, I'm sure you already know how this will end for them. Many of them are not happy with that decision and wished they could turn back the hands of time.