Quote from: bitzizzix on January 21, 2024, 10:34:42 PM

Quote from: rojan on January 21, 2024, 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.

Bitcoin will continue to become popular and also grow as time goes by and those who don't know about it will soon find out, and those who doubt or don't believe in Bitcoin will soon believe in it. Because they became aware after seeing more and more people getting involved with Bitcoin and also more and more people getting benefits from Bitcoin.
And I don't think there's any risk with Bitcoin if you treat it for the long term, because you're just doing the best of two things. Buy when Bitcoin prices fall and hold for the long term, or you do a DCA strategy for the long term. and both will only sell when the price of Bitcoin is very high or reaches ATH and not sell when it is down, or only make small profits. So it all depends on you, because Bitcoin is the best and also profitable for those who do it for the long term.

Those who still don't know anything about Bitcoin will definitely learn about Bitcoin in hopes of making money, but those who don't believe in Bitcoin can never trust Bitcoin. You will plan to invest in Bitcoin only when you are interested in learning about Bitcoin, and only when you have money will you be interested in investing. If you're into cryptocurrency, you must invest in Bitcoin sooner rather than later. By investing in bitcoins, people are getting many benefits, especially becoming more financially independent and able to earn huge amount of money just by holding the investment. Anyway, if you invest in Bitcoin it is not risky at all, but it will support you financially to hold for long term. If you invest in Bitcoin using DCA then you will surely have constant profit, it will save you from loss all the time. If you are investing for profit then you should always adopt DCA as it will prolong your profit and minimize losses.