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Quote from: JayJuanGee on February 17, 2024, 06:44:34 PM

it seems that everyone should be considering at least getting off zero and probably allocating 5% to 25% of their quasi-liquid investment portfolio into bitcoin. .. and surely each person has to choose for themselves in regards to both the questions of whether to invest into bitcoin and if so then, how much

In Bitcoin If we use a good strategy and professional investment method, we can get good profit in short period of time, but the higher the profit, the higher the risk.

You're actually wrong, there's no strategy you apply in bitcoin investment that will bring profit within a short period of time except you want to gamble with your investment. Holding bitcoin is totally different from trading and gambling. Holding bitcoin is not so risky like what most people think besides as a newbie you should not channel all your attention on the risk involved when you need to learn about accumulating strategy. The only problem people get with investing is greed, lack of patience and inadequate finance or else I don't get why an investor will want to gamble with bitcoin investment.

The only strategy investors can use to buy, is when there is hopeful sign of increment in the price, topical example is, last week the price of bitcoin was between 50k-51k, just imagine when an investor buy at that price at least he or she would have gained about 11k plus, hence btc price is at 62k plus currently but this doesn't happen every time, event might turn against ones plan, the only method a Bitcoin investor will apply to be successful is long-term holding which you have mentioned already, Bitcoin investment is not for fast money making, it is for those who are ready to endure for a long period of time to participate in the profitable events that is bound to happen at some given number of years.

Since the price of Bitcoin started going up this year, I have seen lot of people talking about Bitcoin especially in this forum advising people to keep buying and holding there Bitcoin. Bitcoin is the only hope we have now apart from the hood altcoins that we have in the market that can give us good profits in the market.
Since Bitcoin started skyrocketing since 35k, there had been a continuous momentum and that should that we are already in the bull. Those that had been holding their Bitcoin since the price was little would be happy right now because they are already in big profits which is a good thing to talk about. Keep holding and wat h your investment increases in price.