Post
Topic
Board Bitcoin Discussion
Re: Invest in Bitcoin, for long time Holding
by
leonair
on 27/02/2024, 12:48:02 UTC
So just Hold bitcoin for long time.
Yes there are many types of investors who have different investment plans some invest for long term and some invest for short term. Most people invest in Bitcoin for a long period of time because if they do not invest in Bitcoin for a long period of time they cannot expect the desired results. The price of Bitcoin was $42000 a month ago and from there the price of Bitcoin has increased to $56000 today.So if someone had invested in Bitcoin back then and held onto it, he would have made a lot of profit today.
Yes, there are many types of investors who use their strategies in different ways and with different targets. but I would say definitely to make a long term investment because only long term investment can give one a decent profit. Bitcoin is currently pumped a lot and it is growing rapidly so those who previously invested in Bitcoin when the price of Bitcoin was low can now sell it at a profit if they want to.  We can predict that the price of Bitcoin will increase much more but we cannot predict exactly when.  So we must plan a long term investment but if we get a good profit very quickly we can sell it.