Quote from: snipie on March 21, 2024, 06:37:58 PM

Quote from: southerngentuk on March 21, 2024, 06:05:35 PM

The "win-win" situation applies only with hindsight. For early investors, holding was a wise strategy. But for those who bought at the peak of a bull market, the wait for profits can be agonizing, especially during prolonged downturns.

Basically every investment requires a lot of patience and Bitcoin one isn't that different. The return of investment in Bitcoin used to have as higher percentage as the user hold it for a longer period.
In recent years, the ROI was lower than the first years obviously, yet it is still profitable unless you panic sold your coins with a loss. Just invest what you are affordable to lose and keep calm. That's the advice that every investor should have in mind Wink

Regardless if you invest for long term or short term, it’s always necessary to only invest what you can afford to lose. No one holds the future price of bitcoin so to lessen the risk of losing, only invest your spare money that is not intended to pay your bills or buy your basic necessities. However, there is always advantage of you keep bitcoin for long term. Aside that it’s value appreciates in time, you will also feel less stress and less worries if you invest bitcoin at its long term.