Post
Topic
Board Bitcoin Discussion
Re: What does BTC mean to you?
by
SatoPrincess
on 06/02/2024, 23:10:44 UTC
Bitcoin is a special coin in my investment, on the other hand, I have known Bitcoin for a long time. some advantages and disadvantages that I like. as the bull season happens all the coins become significant quickly and many airdrop projects can become big money. Bear season is an option to hold our assets into USDT to buy the lower price of Bitcoin or Altcoin
the main target cryptocurrency investment is to buy when the price is lower and sell when the market is higher, so you have to understand that both the altcoins and Bitcoin you have to make sure that you have invest when the price of Bitcoin is getting low or when the price of Bitcoin is fluctuating so that you can make a profit.
As easy as it sounds, buying the dip can be a problematic decision for investors as they often crack their heads on when is the right time to buy the dip. This strategy is not risk free and no one wants to lose money, you can use technical analysis to determine when is the right time to buy. But for newbies, I suggest you DCA instead and hodl your bitcoins for long term.